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.

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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

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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.

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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 …

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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

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(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

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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

The number of new coronavirus cases in #Germany rose the most in a week, just days after the government declared the first phase of the pandemic to be over.

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Oops! The number of new coronavirus cases in #Germany rose the most in a week, just days after the government declared the first phase of the pandemic to be over. There were 1,268 additional infections in the 24h, bringing total to 169,430. https://t.co/8tOuRZOLMs pic.twitter.com/aZpt4lcrFx — Holger Zschaepitz (@Schuldensuehner) May 8, 2020 https://twitter.com/WinfieldSmart/status/1258703842616770560 Apart from the … Read more

U.S. 2-year yields are falling to new lows. Credit standards in the US continue to tighten for L+S firms. How much longer U.S. stocks can diverge from the cataclysmic collapse in the global economy?

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U.S. 2-year yields are falling to new lows this morning. More traders are betting the Fed will be forced to cut rates below zero. "We do not think this is justified by fundamentals as FOMC members have repeatedly stated that they do not expect to take rates negative:" TD's Misra pic.twitter.com/Q7dJqFOJeq — Lisa Abramowicz (@lisaabramowicz1) … Read more

CNN’s Chris Cuomo Has MELTDOWN Live on the Air After Some States Begin to Open Up

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https://www.youtube.com/watch?v=c5Haw4-TZh4 Collin Rugg from Trending Politics reports, After being in self-quarantine for several weeks, CNN opinion host Chris Cuomo returned on Monday to inject fear into Americans over re-starting the economy, saying that only “fools” want to reopen the country. Read More/Source/Credit/FairUse: https://trendingpolitics.com/cnn-s-cu…

Elon Musk: Neuralink will do human brain implants ‘within a year;’ could eventually enable eventually enable symbiosis with AI!

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Elon Musk says his Neuralink company will do human brain implants ‘within a year’ to help cure injuries – and the device could eventually enable symbiosis with AI Elon Musk spoke on Joe Rogan’s podcast about his company Neuralink Musk said the firm will have a brain implant ready ‘within a year’ The chip could … Read more

Japan To Set Official Guidelines for UFO Encounters in Direct Response To US Pentagon Video Release

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JAPAN ADOPTING OFFICIAL RULES AND GUIDELINES FOR POTENTIAL FUTURE UFO ENCOUNTERS “To be honest, I don’t believe in UFOs,” Defense Minister Taro Kono revealed to The Japan Times. “But because the Defense Department released such a video, I would like to hear from the U.S. side about its intention and analysis.” “If (UFOs) are encountered, training … Read more