OBAMA: Fired an Inspector General to Cover Up a Sex Scandal and No One Said Shit About It

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  Trump fired the inspector general of the State Department, Steve Linick. In accordance with the 2008 Inspector General Reform Act, which protects inspectors general from being fired without cause, Trump informed Congress in writing about the intent to fire Linick, expressing that he no longer had the “fullest confidence” in Linick, who was appointed to … Read more

SPY gambling lookup table

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by validscramble Good afternoon fellow reeetail investors! I’ve been noticing some comments mentioning really stupid SPY option buys, so I thought I’d share a table I threw together. Assuming you’re planning on holding your options to expiration, like I know you diamond-handed dummies are, just look up the value you think SPY will get to, … Read more

Worst global, economic crisis in 90 years?

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Worst global, economic crisis in 90 years. https://t.co/GdcCDJZU3U — Carl Quintanilla (@carlquintanilla) May 18, 2020 https://t.co/XMhjk6yL8J — Alastair (@StockBoardAsset) May 18, 2020 "The proponents of 'Modern Monetary Theory' are wrong in suggesting that a government that issues debt in its own currency can increase the debt with impunity. There is a point which the market … Read more

Dow closes up more than 900 points. On the same day the Atlanta Fed estimates Q2 real GDP at -42.8%. Meanwhile, 100,000+ small businesses have closed forever.

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On the same day the Atlanta Fed estimates Q2 real GDP at -42.8%. Meanwhile, 100,000+ small businesses have closed forever. Totally normal. https://t.co/cCm7EkMRgH — Nomi Prins (@nomiprins) May 18, 2020 https://twitter.com/vixsquared/status/1262454006326210561 "It's different this time""It's different this time""It's different this time""It's different this time""It's different this time""It's different this time""It's different this time""It's different this … Read more

Fed Chair Just Made This Inadvertent Case for Gold

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Photo by Flickr.com | CC BY | Photoshopped From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Powell boosts gold in Fed speech, why gold is the best bet to make now, and gold remains undervalued as an asset. Fed Chair Powell gives a nudge … Read more

DOUBLE STANDARDS ARE THE BEST STANDARDS BECAUSE YOU HAVE TWICE AS MANY AS LESS-PRINCIPLED PEOPLE DO:

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Missouri Dem Touts Endorsement From Dark Money Group After Denouncing Dark Money. Missouri Democrat Nicole Galloway touted an endorsement from a liberal dark money group just days after claiming that she “hate[s] dark money with a passion.” The state auditor has repeatedly denounced dark money during her bid to unseat Missouri governor Mike Parson (R.). … Read more

Are Oil Prices Rising Too High Too Soon?

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By Tom Kool Oil prices have rallied significantly, rising $10 in two weeks as markets are increasingly convinced that global demand for crude is picking up once again. Deep output cuts and the reopening of some of the largest economies in the world have brightened the outlook for oil, but many analysts are now beginning … Read more

SIT DOWN, SHUT UP, AND BE GRATEFUL FOR ANY CRUMBS YOUR LEVIATHAN STATE MIGHT GET: Gov. Newsom Says Congress Has a ‘Moral’ and ‘Ethical’ Obligation to Bail Out States.

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via pjmedia California Governor Gavin Newsom weighed in on the question of bailing out states whose budgets have been blown up by the coronavirus pandemic. Newsom told CNN’s “State of the Union” that a state bailout was not “charity” and that Congress has a “moral and ethical obligation” to help Americans across the country. The House … Read more

People keep telling me that the long night of fascism is descending on America, but what I’m seeing is the biggest popular revolt against authority in my lifetime.

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“You are all in violation of the Executive Order. On that note… have a good day and everybody be safe.” Bellmawr FOR Everybody #SmallBusinessIsEssential pic.twitter.com/PNoMAWgVdo — Atilis Gym Bellmawr (@TheAtilisGym) May 18, 2020 Looks like local cops refuse to enforce Governor decree https://t.co/AFyAkrXa2d — Tim Pool (@Timcast) May 18, 2020 IN THE FACE OF WIDESPREAD … Read more

How an Economic Recession can Affect You- What You Can Do to Prepare for the Worst

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When the economy takes a nosedive, your wallet may be the first to suffer. A recession means a steep economic downturn, complete with negative economic activity that affects almost everyone. Instead of being another blindsided consumer, there are ways to prepare for an economic recession and stay ahead of the curve. Build Your Emergency Fund … Read more

Stock Market Crash: The Worst Selling Is Yet To Come And Recover Will Take Decades

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https://www.youtube.com/watch?v=41A6U76PWLY Experts have been alerting that a stock market crash is forthcoming. This time around, the damage will be so extreme that it will take decades ahead to recover from it. That’s what the chief macro strategist at Contrarian Macro Advisors, David Hunter, recently warned, affirming that a second wave of stock market selling is … Read more

The Breakout is Here… It is Time to Buy?

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by The Phoenix Stocks are exploding higher this morning. As usual the financial media is looking for a reason for this move. The reason is that stocks had been consolidating for more than two weeks. Lengthy consolidations like this typically resolve themselves in explosive moves. Indeed, as I noted last week, stocks had previously performed two … Read more