UCNBT: “U CAN NEVER BEAT TRUMP”

by Wayne Allyn Root Dear President Trump, here’s an important message from your supporters. First it was “Stormy Daniels.” Then, “Russian Collusion.” Followed by “the Ukrainian Hoax.” Now, it’s “Coronavirus pandemic” and the resulting economic catastophe. “THEY” never give up. But who is “THEY?” “THEY” can’t possibly be Pelosi, Schumer, Schiff, Nadler, Maxine Waters, AOC, et al. … Read more

Why This Oil Rally Won’t Last

By Nick Cunningham Oil prices have rallied as traders believe the depths of demand destruction may be coming to an end with economies beginning to reopen. But some analysts are warning that the oil price rally may be premature. WTI prices have doubled from $12 to $24 in a little over a week. There is evidence … Read more

Wealth Taxes, Cash Grabs, and Other Schemes

 by The Phoenix They are coming for your money. Let’s cut through all of the day to day developments in the financial system and look at things in the BIG picture. The BIG picture is the global economy has screeched to a halt as governments around the world enforced “stay at home” or “shutdown” orders. This … Read more

Mark Cuban Hires Secret Shoppers To Monitor Dallas Businesses Reopening… 96% Of Stores ‘Non-Compliant’ With Mandatory Protocols

DALLAS (CBSDFW.COM) – Dallas Mavericks owner Mark Cuban, who’s made national headlines for his charitable work and his opinions during the coronavirus pandemic, says he wanted to see just how Dallas was reopening its economy after retail stores and restaurants were given the go-ahead from Gov. Greg Abbott last week. Those types of businesses, which also … Read more

One of the creepiest and most dystopian things I’ve seen since the pandemic began:

One of the creepiest and most dystopian things I've seen since the pandemic began: a terrifying camera-equipped remote-controlled robot patrols Bishan-Ang Mo Kio Park in Singapore to — for now — warn about social distancing. Look at the fear. Story: https://t.co/12QfT1mcyZ pic.twitter.com/hBGUhmC7N7 — Glenn Greenwald (@ggreenwald) May 8, 2020

Jim Rickards: I’ve repeatedly advised you shouldn’t reference 2008, 2000, 1998, 1994 or 1982 if you want to understand what’s going on. You need to go back at least to 1929.

I've repeatedly advised you shouldn't reference 2008, 2000, 1998, 1994 or 1982 if you want to understand what's going on. You need to go back at least to 1929. The Bank of England just said 1706 is a better frame of reference. I have to agree. pic.twitter.com/DQE2gScywy — Jim Rickards (@JamesGRickards) May 8, 2020 https://twitter.com/russian_market/status/1258791467067363330 … Read more

2 million job losses have been reported as permanent. That’s a 2001-style recession so far and a stat the media ignored

https://twitter.com/GreekFire23/status/1258837351259930626 HASSETT: ALL UNEMPLOYED EXPECT TO BE REHIRED BY EMPLOYER that is the stupidest fuking thing i have heard this month. — Heisenberg Report (@heisenbergrpt) May 8, 2020 This chart from @calculatedrisk is, in one word, breathtaking. pic.twitter.com/C8BatIEwti — Invictus (@TBPInvictus) May 8, 2020 hmm…something to keep an eye on Weekly East to West of … Read more

If you are not buying stocks after 20 million Americans lost their jobs in April, you are doing it wrong.

If you are not buying stocks after 20 million Americans lost their jobs in April, you are doing it wrong. — Liberty Street News (@LbrtyStreetNews) May 8, 2020 https://twitter.com/FerroTV/status/1258770159591882761 https://twitter.com/dynamicvol/status/1258747992972103680 https://twitter.com/hks55/status/1258758307428421632 As the world economy is about to implode, very few investors realise what will hit them. The dip buyers of stocks don’t understand that … Read more

Dan Oliver: Inflation — good and hard … Comey grilled by Chris Wallace on the FBI’s criminal negligence (or maybe treason) … Gerald Celente: Welcome to the new ABnormal …

BY JOHN RUBINO Dan Oliver: Inflation — good and hard … Comey grilled by Chris Wallace on the FBI’s criminal negligence (or maybe treason) … Gerald Celente: Welcome to the new ABnormal … McAlvany: Save the bankers! Sacrifice the currency … Rick Rule: Gold prices will be catching fire …

China: More Bark Than Bite With Serious Structural Economic Problems BEFORE The Pandemic

(Silver Doctors Editors) Jim Rickards has come out with an interesting article for those who keep-up with his work. His latest article discusses China, to which Jim says he has several decades of experience. What’s the key takeaway of Jim’s article today? The Communist Chinese Party already had serious economic problems before the coronavirus, and now they’ve got some … Read more

The cost of economic shutdown: CA goes from $21B surplus to $53.4B budget shortfall

by DCG Taxpayers (whether local or federal) are going to have to cough up more money due to bureaucrats across the country completely shutting down economies. My state announced yesterday that revenue collection for the month of April fell by $502.5 million. You know almost every local and state agency will be facing drastic shortages. But … Read more