by Dave Kranzler of Investment Research Dynamics The Comex Does Not Trade Gold Unequivocally, gold does not trade on the Comex. The Comex trades paper gold derivatives. It is a futures and options exchange on which a small amount of 100 oz. gold bars change ownership each contract month. The transfer of title is facilitated by the creation … Read more
Many state pensions were already on life support and now they face a $1 trillion shortfall due to the markets.https://t.co/kRUhUzFQBT — John Tuld (@BradHuston) April 5, 2020 For years, the country’s public pension plans have faced a yawning gap between what they owe and what they can pay. From the State of California’s public employees’ … Read more
Millions of Americans are slated to get $1,200 payments from the federal government to help them cope with the sudden economic downturn. Eligibility for those payments is largely based on prior tax returns, which leaves out individuals who typically do not file because they have little to no taxable income. Now TurboTax has coordinated with … Read more
by llenders97 We have approximately 60 employees This is what we are doing/did: Implemented across the board salary cuts Negotiated extension with vendors in terms for AP Immediately applied for all government assistance as well as additional lines of credit Monitoring AR, especially watching for influx in late/no payments as well as AR ratio Immediately … Read more
Markets experience a junk tsunami: The pace of rating downgrades has materially accelerated over the past few weeks. Amount outstanding of newly minted fallen angel bonds has jumped to $149bn in Q1 2020, a higher amount than the previous peak reached in Q2 2009, Goldman says. pic.twitter.com/0BPS9s91zA — Holger Zschaepitz (@Schuldensuehner) April 4, 2020 https://twitter.com/psgrimm64/status/1246073669853593600 … Read more
Hard truths that no one wants to hear right now: 1. Life is never going back to “normal”. 2. 90%+ of humanity will catch the virus sooner or later. No one has immunity. We are just slowing down the rate people get infected to try and keep healthcare from collapsing. You arent magically going to … Read more
https://twitter.com/edwardnh/status/1246497953608617985
https://www.youtube.com/watch?v=E9B3aINwqHM America is going through unprecedented economic and social changes that will lead to martial law and economic collapse. The entire economy is declining and the labor market is on a free fall and millions of Americans are losing their jobs every passing day. The rising number of unemployed people across various states is creating … Read more
video timestamped (2:47) look at the sign behind the obvious mannequin “No food or drinks allowed near mannequin or task trainers” I wonder what ridiculous excuses you shills will come up with now This is from channel 4 UK a huge mainstream news channel AC
What would you do if your mayor and Government came on your private property armed with police demanding you hand over your preps? https://www.newsday.com/news/health/coronavirus/coronavirus-developments-long-island-1.43642728 New York City Mayor Bill de Blasio, in an appearance on MSNBC Saturday morning, reiterated his call for more involvement from the federal government to help get medical personnel and equipment to … Read more
This should be everywhere. Fake news story meant to discredit the President and this drug that can actually be saving lives. AC
Again, isolation is the key, specially for those who aren’t infected! AC
Trump informed the Senate intelligence committee on Friday of his decision to fire Michael Atkinson, according to a letter obtained by The Associated Press. Trump said in the letter that it is “vital” that he has confidence in the appointees serving as inspectors general, and “that is no longer the case with regard to this … Read more
Steven runs through everything wrong with China including wet markets, viral experimentation, and fentanyl exports.
by Lance Roberts In last week’s discussion, we stated the “bear market” was not yet complete. This was despite the “market rally,” which convinced the media the “bull market was back.” While it was indeed a sharp “reflex rally,” and expected, “bear markets” are not resolved in a single month. Most importantly, as we discussed in our employment report on Thursday, “bear markets” do not end with “consumer confidence” still very elevated. … Read more
by DCG Erick Erickson reported on Twitter the following: “A restaurant in Macon, GA has been selling its produce to customers who can’t find what they need at the grocery store. Someone has called the law and shut them down because the scale they use in house for cooking isn’t a shop scale for merchandise sales.“ From the … Read more
“Residents of Washington, D.C., could be jailed for up to 90 days if they violate the city’s strict stay-at-home order announced Monday” …. “The D.C. order, which goes into effect April 1, is much stricter, warning of much higher fines and even jail time for those found in violation.” “We have to enforce orders, or … Read more
“The grass roots right is the largest military in the world, we voted 2/3 Trump, at the end of the day we can do whatever the heck we want and you don’t get a say because you’re scumbags, you screwed it up, you do not deserve to lead, and we are going to RESET AMERICA” … Read more
by Deplorable Patriot The men and women in law enforcement put their lives on the line every day. I salute the ones that operate within the law. We like to think police officers are law abiding citizens. Generally speaking, this is true. But we must remember that police officers are people like you and I. Fully capable … Read more
