Spain to Give Citizens Basic Income!

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Spain is taking steps to implement a basic income to help citizens weather the economic fallout from the novel coronavirus. “We’re going to do it as soon as possible. So it can be useful, not just for this extraordinary situation, and that it remains forever,” the minister of economic affairs said. No specific date was … Read more

Elliott Wave Technician: Shocking US Stock Market Poised To Impossibly Rally To New All-Time Highs!

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by Captain Ewave of CaptainEwave April 6, 2020 SP500: Long Term Update: The SP500 moved sharply lower this past week, reaching 2447.49, and closed at 2488.65.   If our wave iv irregular type corrective pattern is the correct analysis then it is complete at the 2191.86 high and the SP500 is now poised to rally “impossibly” to all time … Read more

BANK RUNS Coming Soon? – You May Not Be Able To SAVE Your Money From The CRASH!

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by Josh Sigurdson via World Alternative Media Josh Sigurdson talks with Stephen Kendal and Tim Picciott about the possibility of major bank runs in the near future as the global economy enters into a global depression, the likes of which we have never seen before, not even close. The problem is, with bank runs being a major possibility, … Read more

Explaining The Manchurian Media – The companies that own our major networks all do business in China. And that’s just the beginning.

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Overheard on Twitter: "When is the American public going to realize that it’s not China that the broadcast news divisions are protecting, but the globalist entertainment companies that own the news divisions, and which need Asian markets for maxxing out entertainment profits?" — Rasmussen Reports (@Rasmussen_Poll) April 7, 2020 Or to put it another way: China’s … Read more

Difference between market corrections and crashes

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by Michael Markowski Due to my recent findings from researching the empirical data of prior market crashes since 1901, investors in the future will be able to distinguish a crash from a correction.  All crashes and corrections can now be measured and categorized. The chart below for the NASDAQ from 2000 to 2020 depicts:   … Read more

Ted Butler: JP Morgan Perfectly Positioned For This MASSIVE Gold & Silver BULL RUN

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Ted Butler interviewed by Dunagun Kaiser on Reluctant Preppers Is the current breakout of gold and silver destined to confirm a massive bull run for precious metals in the face of coordinated monetary easing by the world’s central banks? And who stands to gain the most in the months and years to come? After a decade of highly controversial … Read more

The Fed, The Fireman And The Arsonists

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by John Rubino of Dollar Collapse James Grant, the venerable publisher of Grant’s Interest Rate Observer, just wrote an opinion piece for the Wall Street Journal that, had it appeared on a free site, would have been at the top of today’s “Best of the Web” links list. But since it exists behind the WSJ’s paywall, here’s an excerpt to illustrate … Read more

Technically Speaking: The 4-Phases Of A Full-Market Cycle

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by Lance Roberts In a recent post, I discussed the “3-stages of a bear market.”  To wit: “Yes, the market will rally, and likely substantially so.  But, let me remind you of Bob Farrell’s Rule #8 from our recent newsletter: Bear markets have three stages – sharp down, reflexive rebound and a drawn-out fundamental downtrend Bear markets … Read more

The drop is coming…. But it may be further out than we think – we’ve been here before (DD inside)

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by augusttrip2019 For those of us who were around for 2008 (or have studied it), you’ll notice a similar theme between March 2008 and 2020. For starters – I get it, different crises, blah blah blah. But some similar indicating factors. I’ll keep the DD light since most people won’t read it anyways. 3/18/08 was … Read more

SPX suffered the worst intraday reversal and loss to the downside since 2008

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https://twitter.com/Fxhedgers/status/1247623473335136256 Awwwww S&P lost it's mojo from this am.Big boys trade at the end of the day. pic.twitter.com/3P7dMVOn7T — Markets-like people-should be free-TQN-👑 (@TechQn) April 7, 2020 In which of these bear markets did unemployment rise to even 11%? ⁊@Quillintel⁩ ⁊@SoberLook⁩ pic.twitter.com/JXHfRi8jJS — Danielle DiMartino Booth (@DiMartinoBooth) April 7, 2020 THIS shoe has yet to … Read more

The Macro Show Highlights: Chase Bear Market Bounces → Lose Money

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The clip above features a few highlights from “The Macro Show” with Hedgeye CEO Keith McCullough. Every weekday morning at 9:00am ET our non-consensus macro team distills the latest global market and economic developments and how to position yourself accordingly. We analyze anything and everything under the sun that could affect your portfolio including current … Read more

I’ve switched to puts.

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by LikeMyNewHat FACT: The S&P hit its current low on 03/23/20. ALLEGED FACT: Using the RSI, the S&P retests its lows 28 days later (median) FACT: 28 days after 03/23/20 is 4/20/20. FOUR-TWENTY! It’s destiny!! FACT: 2,792 is a 50% retracement level. I’m not saying retracement working is a fact. I’m saying 2,792 is the 50% … Read more

FITTON: Hillary Clinton’s desperate appeal to avoid email testimony is even too much for her defenders at the State and Justice Departments.

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BREAKING: Hillary Clinton’s desperate appeal to avoid email testimony is even too much for her defenders at the State and Justice Departments. @JudicialWatch's legal brief is excellent and I encourage you to read and share. https://t.co/1Yc05G3bUv https://t.co/Xx0l3q9vWP — Tom Fitton (@TomFitton) April 6, 2020 GUESS HER CRONIES AREN’T RUNNING THINGS THERE ANYMORE: State Department refuses to … Read more

Some Positives about Social Distancing/Quarantine

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by KrisspyKremeThomas95 For a while, I have been battling several negative emotions surrounding the pandemic and quarantine such as depression and anxiety. However, now, I am here to share with you ten positive things that have happened as a result of this: Life moves at a much slower pace compared to what I am used … Read more

Large Numbers Of Dead Go Untested, Do Not Believe The Numbers, Situation Is Worsening. Many Are Dying At Home Untested Due To Stress On The Medical System

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Early on in this crisis we were able to swab people who died at home, and thus got a coronavirus reading. But those days are long gone. We simply don't have the testing capacity for the large numbers dying at home. 6/ — Mark D. Levine (@MarkLevineNYC) April 6, 2020 This slide was shown at … Read more

Don’t get cocky, bulls

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by the_asker_man Seriously, it’s like 90% of you tards have never seen a recession before. Guess what: you have up days in bear markets. Sometimes you have up months. You think it’s all circuit-breaker downs until we bottom out a week later? Never happened. So could we have bottomed? Certainly possible. Any one who says they … Read more

The Day of Reckoning For This Economic Crisis

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How will the crisis play out? Where do we go from here? Believe it or not, back in 2008 Mike Maloney published a scenario that seems to be unfolding right now. Checks from the government. Taxes refunded. Helicopter currency drops. Central banks trying to kick-start economies. It’s all here, in what he refers to as … Read more