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by imunfair I know marketwatch are permabears, but I thought this article had some interesting info I hadn’t seen before. It’s just a small buy for now, but I could see this alleviating some of the pressure on the front-month contract: The U.S. Energy Department said Wednesday that it has released a “Request for Proposals” to … Read more
Trump tweeted that any benefits from the U.S.-China trade deal pale in comparison to the damage caused by “the plague from China.” The tweet comes as the Trump administration is ratcheting up the blame game with Beijing over the coronavirus. Thus far, the increased tensions have not visibly impacted the nuts and bolts of the … Read more
May.12 — Jeff Currie, global head of commodities research at Goldman Sachs, explains why he is so bullish on gold. He appears on “Bloomberg Daybreak: Americas.”
by Charles Hugh-Smith The core problem is the U.S. economy has been fully financialized, and so costs are unaffordable. To understand the long-term consequences of the pandemic on Main Street and local tax revenues, we need to consider first and second order effects. The immediate consequences of lockdowns and changes in consumer behavior are first-order effects: closures … Read more
The reasons behind the Fed’s No-NIRP stance: It doesn’t work and kills bank stocks. One of the most revealing statements. By Wolf Richter for WOLF STREET. Over the years, the Fed has waffled on all kinds of things, from what represents “price stability” to what it will do with regards to asset purchases. But there’s one theme that … Read more
https://www.youtube.com/watch?v=sF0gU-QVyK8 The [DS]/MSM cannot stop what is coming, they have tried everything but the people are now awake, they can see clearly, the shutdown no longer makes any sense. Those who unmasked Flynn have been exposed, more declassified information is coming out and the trap has been set, nothing can stop this, nothing.
by floatonadoor Only an idiot would ALWAYS back Trump, or ALWAYS disagree with Trump. This country needs free thinkers. Don’t get trapped into being worried someone will call you a hypocrite. People even change their views over time: You don’t even have to be consistent with your previous views. No be free!
from Financial Survival Network John Grace returns… We have been taught that real estate prices are driven by location, inventory, and interest rates. I will argue all three are important to keep an eye on, but we have not been taught that the most significant driver is the buying AND selling patterns of American consumers Based On … Read more
by The Phoenix Make sure you remember your levels! Stocks sold off hard yesterday afternoon. However, they held support at 2,870 on the S&P 500. If you hadn’t identified that support line on your chart and simply reacted to the sudden heavy selling you probably thought “the top was in.” It wasn’t. If you want to … Read more
US Supreme Court Rules with President Trump – Reinstates Law Making It a Felony to Encourage or Help People Come or Stay in US Illegally @JoeHoft https://t.co/cUYsPpNavY via @gatewaypundit — The Gateway Pundit (@gatewaypundit) May 13, 2020 US Supreme Court Rules with President Trump – Reinstates Law Making It a Felony to Encourage or Help … Read more
Gold is ready to take off and sound money will be returning… Jim Willie interviewed on X22 Report Spotlight Todays interview is with Jim Willie. Jim talks about event, explains the stats and how this is blown out of proportion. Jim then segues ways into the economy and that the [CB] is now being loaded up with … Read more
via rushlimbaugh RUSH: CNN is beside themselves. Donald Trump has tied his highest approval rating yet in the CNN poll, tied with his record high. Here’s John King this morning on CNN announcing it. KING: Brand new CNN poll numbers. They show Joe Biden with a national lead in the race for president. But there are … Read more
39 Names – Biden on List https://www.washingtonexaminer.com/news/biden-and-other-obama-officials-received-unmasking-information-on-michael-flynn-declassified-records-show This list PROVES that Flynn was unmasked prior to his late 2016/early 2017 calls with Russian Amb Kislyak and further compounds the likelihood that Obama’s DOJ had a FISA on Flynn going back to 2015! HO LEE FUK! ODNI Response 2 by Washington Examiner on Scribd SAMANTHA POWER JAMES CLAPPER … Read more
via althouse Go to the link to see the county-by-county map — “Where people started leaving home again/Percentage point change in the share of people staying home.” How does the NYT know this? It uses data from Cuebiq, which takes “a representative sample of about 15 million smartphone users nationwide who have agreed to share their … Read more
https://youtu.be/hFJdcT0S3Dg Rand Paul: Biden Caught Red-Handed Using Spying Powers of The U.S. To Go After a Political Opponent https://twitter.com/atensnut/status/1260349476411256837 Grenell releases list of officials who sought to ‘unmask’ Flynn: Biden, Comey, Obama intel chiefs among them | Fox News Top Obama administration officials purportedly requested to “unmask” the identity of former national security adviser Michael Flynn during … Read more
by Egon von Greyerz As the Nasdaq makes a new high for the year, the world outside the stock market timebomb is falling apart. For example the UN agency, The International Labour Organisation (ILO) reports that 1.6 billion jobs are at risk in the global economy. That is half of the global workforce of 3.3 … Read more
Do you think that the markets are under siege by the central banks? Or are central banks trying to prevent a collapse? There’s a strange situation today, particularly evident in 2020. Central banks are buying everything. Different central banks are doing things at a different speed, with different nuances. But let’s face it, they print … Read more
https://www.youtube.com/watch?v=b5X56cVorpk Tim Graham from NewsBusters reports, Sean Davis at The Federalist reports a newly declassified transcript of congressional testimony shows former Obama administration defense official Evelyn Farkas testified under oath that she lied during an MSNBC Morning Joe interview when she claimed to have evidence of alleged Trump collusion with the Russians. Read More/Source/Credit/FairUse: https://www.newsbusters.org/blogs/nb/…
https://www.youtube.com/watch?v=K_Eih04Q2g4 Cristina Laila from The Gateway Pundit reports, President Trump is not happy with FBI Director Chris Wray and wants to replace him, according to a report earlier this week by Axios. President Trump on Friday blasted FBI Director Christopher Wray during a phone-in interview with Fox & Friends when discussing the newly released bombshell … Read more
