by Brandon Smith via Alt-Market The Grasshoppers Are Swarming Mad That You Are Prepared For The Crash Most people are familiar with the tale of the Ant And The Grasshopper, an ancient fable about a grasshopper who spends the fruitful months of spring and summer in idle recreation, dancing and playing carelessly while the industrious ant works tirelessly … Read more
It’s never “different this time.” The Fed’s bubbles and busts keep coming and they’re getting more intense. Every bubble is bigger than the previous one, as is every “bailout.” Every “bailout” carries with it a promise for a future economic crisis. The Fed will fail.
Video shot at the U.S.-Mexico border in El Paso, Texas, shows migrants climbing a fence as Border Patrol agents look on. It’s unclear whether the migrants were climbing toward the U.S. or Mexico side of the border. (June 27) SO MEXICO’S GOING TO BUILD A WALL AND PAY FOR IT? Coronavirus: Mexicans demand crackdown on Americans crossing the … Read more
The Royal Bank of Canada is projecting that double digit unemployment is going to hit Canada as a result of the #coronavirus economic collapse and instead of relief, you’re getting a 50% hike of the one tax that touches absolutely everything in your life. Read Sheila Gunn Reid’s FULL REPORT here: https://bit.ly/2UkKvpE
by Clive Maund of Streetwise Reports In recent days the Fed has made it plain that it is prepared to buy anything and everything to prevent imminent total collapse, and you don’t have to join many dots to see that this will extend to buying stocks. It’s not that hard for them—all they have to do is enter … Read more
(Silver Doctors Editors) President Trump has put the States on notice. He basically announced to the various Governors that new guidelines are coming from his Administration, so get ready to put your people back to work! Sourced via the New York Times via NPR (because Google’s search-and-ye-shall- be-force-fed is horrible): What exactly does “new guidelines for state … Read more
https://streamable.com/ps016
(Bloomberg) — The banking industry is close to gaining relief from a much-hated accounting rule imposed after the 2008 financial crisis, thanks to a provision tucked deep in the Senate’s massive coronavirus aid bill.The legislation, which still must be voted on by the House, would likely delay until the end of the year a requirement … Read more
If this is your first time trading in a bear market, get used to sharp rallies. Ride them and dump them — The_Real_Fly (@The_Real_Fly) March 26, 2020 Lot of talk how a new bull market started today. Just remember, the ‘73/‘74 bear saw a 20% bounce. ‘01/‘02 bear had 22%, 25%, 24% and 24% rallies … Read more
by Jchen192 This is my opinion, take it or leave it. Just wanted to see what everyone else is thinking about right now. I’m sure at this point everyone have already heard the news about the feds trying to inject the economy with 2 trillion dollars. We honestly have no clue if this is going … Read more
Link to article: https://www.reuters.com/article/oil-opec-russia-rdif/russias-rdif-new-opec-deal-possible-to-address-demand-if-others-join-idUSR4N2B4012 Of note this isn’t coming out of Alexander Novak, Russia’s MoE who is the official point of contact, or commentary from Igor Sechin who runs Rosnef and is alleged to be the one pushing for exiting the prior deal so it’s tough to say how much support there is internally in Russia … Read more
https://www.today.com/video/fed-chairman-jerome-powell-there-s-nothing-fundamentally-wrong-with-our-economy-81231429587 I don’t know if a Fed chair has ever given an interview in the middle of a crisis. This question was actually asked by the interviewer but Powell kinda side stepped the question. If people don’t already know, one of the biggest powers the Fed really has, is how they influences the public’s confidence … Read more
Curious as to how the Fed can buy ETFs and corporates bonds when they do not have the legal authority? Answer, the Fed and Treasury merged. Meet your new Fed chairman, Donald J. Trump. I explain in my latest columnhttps://t.co/slWkkvLTgT — Jim Bianco (@biancoresearch) March 27, 2020 An alphabet soup of new asset-buying programs will … Read more
The US death rate from CV-19 is doubling every 2.5 – 3 days. That's faster than Spain. That's faster than Italy. pic.twitter.com/DSeKabMydU — Ben Hunt (@EpsilonTheory) March 27, 2020 SPAIN'S HEALTH EMERGENCY CHIEF SAYS 9,444 HEALTH WORKERS TESTED POSITIVE TO CORONAVIRUS — *Walter Bloomberg (@DeItaone) March 27, 2020 https://twitter.com/next_china/status/1243306846389178377 Most US states going straight parabolic … Read more
The current index of economic policy uncertainty is like nothing we have ever seen before and we have to say that in a strong sense: not like 2008, not like 9/11, not like 1997/8 or 87. @SoberLook pic.twitter.com/jI162Fm0hn — Adam Tooze (@adam_tooze) March 27, 2020 2008 – but all at once MBS/CMBS#MortgageCrisis https://t.co/BaQhWcxehe — Samantha … Read more
Here is another view of Hubei residents flipping over a Jiangxi police van. What’s nice about this view is that it clearly shows the Hubei police simply watching, if not helping, the Hubei civilians destroy Jiangxi police vehicles. video: https://twitter.com/TruthAbtChina/status/1243521482707386371 h/t Builder
X22 Report, Released on 3/26/20 “This will lead to a hyper-inflationary depression.” Bill Holter is currently a writer for Miles Franklin and Jim Sinclair’s Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years … Read more
Financial Survival Network, Released on 3/26/20 If you’re like us you’ve been sitting back with nothing else to do than contemplate the global economic disaster that we’re currently going through. Is it a deep state plot, an act of utter incompetence by our leaders or just a bunch of well intentioned pointy headed bureaucrats in … Read more
The “Intelligent Lockdown” as seen in The Netherlands, life in corona filled Holland: Intelligent Lockdown, how it looks on the streets of Rijswijk in The Netherlands. In this video we start in the plaspoelpolder and walk up into the large shopping mall or area called de Bogaard and then back again. Had to change tires … Read more
