JPMorgan holds massive gold derivative short position that could be larger than the bank’s total assets, top money managers warn

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by: Ethan Huff (Natural News) Should the price of gold ever shoot up from its current price by, say, another $1,000 in the coming weeks or months due to an unexpected “black swan” event, banking giant JPMorgan Chase would more than likely find itself underwater due to the massive gold derivative short positions it currently holds. Dr. … Read more

Electronic Arts is cutting about 800 jobs, or 6% of workforce, and reducing office space

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https://www.cnbc.com/2023/03/29/ea-laying-off-6percent-of-workforce-reducing-office-space.html Electronic Arts is cutting 6% of its workforce, equal to about 800 jobs, and reducing office space, the video game company said Wednesday. “As we drive greater focus across our portfolio, we are moving away from projects that do not contribute to our strategy, reviewing our real estate footprint, and restructuring some of our … Read more

Subprime is back on the menu

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by megaultraman Well, not yet. But regional banks have a serious cash flow problem. Regardless of the safety of treasuries, if you are paying 5% interest against $70+ billion (deposit outflows from FRB) which is money you no longer have, you need money. Actually, around $5 billion dollars a year, roughly equivalent to 100% of … Read more

Robinhood outages $9.9M class action settlement

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https://topclassactions.com/lawsuit-settlements/open-lawsuit-settlements/robinhood-outages-9-9m-class-action-settlement/ Robinhood agreed to pay a $9.9 million settlement to resolve claims that account holders lost money due to March 2020 outages. The settlement benefits Robinhood account holders who engaged in one of three types of qualifying trades: VWAP Loss Traders: Individuals who closed one or more positions on March 3, 2020, at a loss relative … Read more

Brian Cohen: “It looks like Disney just checkmated Ron DeSantis. Board now complaining Disney used loophole to strip their power until 2053.

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It looks like Disney just checkmated Ron DeSantis. The board DeSantis appointed to “oversee” Disney is now complaining that the company used a loophole to strip them of their power until 2053. https://t.co/xCaxdn4QE4 — No Lie with Brian Tyler Cohen (@NoLieWithBTC) March 29, 2023 LAKE BUENA VISTA — Gov. Ron DeSantis’ handpicked board overseeing Disney … Read more

Al Jazeera: Christine E. Wormuth – US Secretary of the Army: “If we are going to go to war with China, we will not do it alone, but with allies”

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❗️🇺🇸"If we are going to go to war with China, we will not do it alone, but with allies" : Christine Wormot – US Secretary of the Army 🙄🤔 pic.twitter.com/XHkcsO2ynC — OsintTV 📺 (@OsintTV) March 29, 2023 👇 pic.twitter.com/yT5x1DhXru — OsintTV 📺 (@OsintTV) March 29, 2023 عاجل | وزيرة الجيش الأمريكي: نعمل لتطوير العلاقات مع … Read more

Merrick Garland Lies Under Oath Exposed for Telling US Marshals NOT to Arrest Leftist Protesters Outside SCOTUS Justices’ Homes

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Impeach this bum. Senator Katie Britt (R-AL) confronted Attorney General Merrick Garland on his defilement of US Justice system. Merrick Garland, arguably the most dishonest AG in US history, refuses to investigate or prosecute blatant criminal activity on the left. But hunts down Trump supporters and raids their homes at 6 AM in the morning … Read more

Rep. Katherine Clark describes the trans community as “being forced to fight for it’s existence Forgets to Mention Her Son Is Violent Trans

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https://twitter.com/_/status/1641146409733824512 https://news.projectmatilda.com/democrat-kathleen-clark-blasts-politicians-and-preachers-and-right-wing-extremists-for-cruelty-to-transgenders-after-wicked-transgender-guns-down-kids-at-christian-school-forgets-to-mention-her-son-is-violent-trans-antifa-felon Rachel Levine says changing kids' genders will soon be “fully embraced” by the American people. Thoughts? pic.twitter.com/CwWBK1zZwC — Antonio Sabato Jr (@AntonioSabatoJr) March 26, 2023

See This Black Mom Take Apart White Dems’ Race Studies Bill – It’s Not ‘Just Theoretical Crap’

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“I’m sick of everyone denying the enormous progress we’ve made in this country acting like it’s 1930,” Montzka said. “We used to have a race-based system. We got rid of it and now you’re all trying to bring it back.” “This curriculum will not help kids succeed All it does is remove any reason to … Read more

Trump is calling to outlaw transgender ideology—not just for little kids, not just in classrooms or certain federal programs-at every level

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Let’s hear some support for heterosexuality! Just two genders. Down with LGBT! The LGBT movement is a major part of the Globalists’ Destroy America plan. Just a reminder: het·er·o·sex·u·al·i·ty noun – the quality or characteristic of being sexually or romantically attracted exclusively to people of the other sex – – based on differing DNA chromosomes. … Read more

Democrat warns California moving toward ‘state-sanctioned kidnapping’ with mental health bill for minors

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‘A California Democrat mother is sounding the alarm over a bill that would allow mental health professionals to take children as young as 12 years old away from their families so they can seek care without parental consent. Parental rights advocate Erin Friday joined “Fox & Friends First” to discuss her concerns surrounding the “terrifying” … Read more

DEMOCRATS ACCUSED TRUMP OF BEING A RUSSIAN TOOL, BUT WHAT WOULD A CHINESE TOOL DO DIFFERENTLY?

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‘Sinking Our Future’: Biden’s Budget Cuts Funds to U.S. Navy As China Ramps Up Shipbuilding. The Biden administration wants to enact sharp budget cuts to the U.S. Navy that would force it to prematurely retire almost a dozen ships and take offline critical missile systems that serve as a primary deterrent to Chinese aggression. President … Read more

Why are so many countries all of a sudden turning to the yuan to buy their essential commodities? Why is the world de-dollarizing so quickly? Simple — the Russian sanctions.

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Why are so many countries all of a sudden turning to the yuan to buy their essential commodities? Why is the world de-dollarizing so quickly? Simple — the Russian sanctions. 1/11 — Gonzalo Lira (@GonzaloLira1968) March 30, 2023 First, the sanctions disconnected Russia from SWIFT, meaning Russians can’t pay for things they would want to … Read more

Britons face 20,000 digital pound cap

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via YAHOO: LONDON (Reuters) -Britons would be limited to 20,000 digital pounds ($24,000) each if the country goes ahead with a digital currency, Bank of England Deputy Governor Jon Cunliffe said on Tuesday. Britain’s government said on Monday that it and the BoE were pressing on with work on a possible digital pound that was … Read more