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Top Traders Unplugged, Released on 8/21/20 Topics discussed: The uniqueness of the 2020 financial crisis How the Federal Reserve has been aggressively manipulating the bond markets The Wealth Effect’ vs free markets The current retail stock market ‘mania’ The only group who can bring bond markets down: The Bond Market Vigilantes The scale and risk … Read more
On January 20, the last day of the Obama administration, outgoing National Security Adviser Susan Rice stat down to write her final memo. #FoxNews #Tucker
This is irresponsible horseshit — and frankly, it's Biden and Harris playing you for a sucker if you want actual solutions. They're offering nothing beyond kindly words for BLM and nasty insinuations about cops and the country. If that floats your boat, go for it. — Ben Shapiro (@benshapiro) August 24, 2020
North Korean dictator Kim Jong Un has fallen into a coma, a former South Korean official is claiming on the heels of reports that the northern leader has ceded some of his power to his younger sister. Chang Song-min, a former aide to late South Korean President Kim Dae-jung, has alleged that the Hermit Kingdom’s honcho has … Read more
Kitco News, Released on 8/24/20 The annual Jackson Hole Symposium, a gathering of central bankers, economists, and financial institutions, will see its first ever virtual conference this week, and will likely set the tone for further U.S. dollar depreciation, said Gary Wagner, editor of TheGoldForecast.com. “When you’ve got all of the major central banks getting … Read more
Economists see chance of a double-dip recession… Eighty percent of economists surveyed by NABE said they see a 1-in-4 chance of a double-dip recession. The survey, by the National Association of Business Economists, also gave Congress a mixed review when considering its fiscal stimulus effort, but the Fed got the best grade since 2007 for … Read more
The Income Generation, Released on 8/16/20 *This interview was recorded on August 16th Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before “retiring” at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting … Read more
by DCG The City of Portland is on day 80-something of demorat-approved nightly chaos: Rioting, looting, burning buildings and people being injured. It’s a dangerous place for residents to visit. Apparently some businesses have had enough and are packing up and leaving. From NY Post: “Large companies are fleeing offices in downtown Portland — because nightly Black Lives Matter … Read more
https://www.youtube.com/watch?v=u9JzGsnYqvQ She’s a horrible actress….she kept looking at the camera AC
He says all the advanced tech we have right now was copied from the tech once existed in the Indian civilization. AC
Most interesting is the 2-3 minute mark. Fascinating. h/t HammerOfThorazine
People are sick of Pelosi. Mitch McConnell released a statement last night that all she cares about is getting fake votes from the post office so she can get re elected. Despite over 400 members of Democratic congress from the House and Senate begging her to do a stand alone bill for unemployment insurance and … Read more
https://youtu.be/0e4VCuh3zE8
by Lance Roberts The 4% Rule Is Dead. A recent article by Shawn Langlois via MarketWatch pointed out this sobering fact but is one we have discussed previously. Retirees have long counted on being able to retire on their assets and take out 4% each year. However, a little more than 20-years later, the “death of the withdrawal rate” has … Read more
Arcadia Economics, Released on 8/23/20 One of the bigger pieces of recent gold market news was that Warren Buffett made an investment in Barrick Gold. The move seems in contradiction with many of Warren’s former comments on gold. Dave Kranzler explains what he thinks is going on. Dave Kranzler spent many years working in various … Read more
by Chris Martenson Millions of people are about to enter a financial purgatory, becoming little more than modern-day slaves. While they’ll be reported by the media as those “evicted” or “foreclosed on”, if we define a slave as someone forced to work for another by existing legal circumstances or approved cultural norms, then that’s exactly … Read more
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: Market analyst Jim Kim wonders aloud about the federal prosecution of former JPMorganChase gold and silver futures trader John Edmonds, who ages ago pleaded guilty to spoofing those markets and was cooperating with the prosecution in providing evidence against his superiors. But his … Read more
I found this funny. Somehow I ended up on CNN and noticed that Donald Trump looked a lot more “Orange” than normal. I decided to check some other channels and sure enough he was Umpa Lumpa orange on CNN. These people really are sick, funny but sick. https://www.youtube.com/watch?v=dvi-MX0VOsQ CNN Link https://www.youtube.com/watch?v=ZpTNeMSTv7Q Fox News https://www.youtube.com/watch?v=-d2D5NfnUNs MSNBC link https://youtu.be/XKPJ7ZtL74o CBS link … Read more
