Crude Oil’s Drop Was Foretold by Gold

by Tom McClellan   The movements of gold prices tend to show up again about 20 months later in the movements of oil prices.  Crude oil futures have seen a big drop during 2020, exacerbated by falling demand from China because of the coronavirus outbreak there.  That has arguably made the magnitude of oil’s price drop … Read more

NO ENEMIES ON THE LEFT: Where was the media on this act of political violence? It doesn’t count when it’s committed by leftists.

via spectator The suspect allegedly said that he was motivated to ram the tent because of his distaste for Trump and because ’it’s like someone shitting on your grave’, whatever that means. He also took several videos of the incident, but told police that he did not capture the ‘good part’ where he drove at the volunteers. … Read more

Flying Blind on the Coronavirus

By Harry Dent I have now heard from three experts that this coronavirus is at least 10 times worse than the Chinese government is reporting. First a top military consultant; then John Thomas (Editor of the Mad Hedge Fund Trader), who sat next to an expert from Wuhan on a plane; and recently from Erik Prince, the founder … Read more

Major Public Pension System Has Slashed Benefits For Retirees For First Time In Years

by Jason Burack via Wall St For Main St For the first time in years, a major public pension system has slashed benefits for retirees: The Ohio Public Employees’ Retirement System voted last week to cut health care benefits provided to the pension’s current and future retirees beginning in 2022 to try and prevent the fund from plunging … Read more

Bix Weir: Everything Could CRASH as Any Moment!!

Road To Roota, Released on 2/13/20 There are 1,000 things that could trigger the Global Economic Meltdown…we just don’t know which one will be blamed and WHEN it will happen…but it’s coming FAST! Bix Weir has 30 years’ experience in the financial industry with various fortune 500 companies. He is the creator of the “Road … Read more

‘Isolation pods’ in Britain’s hospitals: NHS sets up windowless shipping containers and rusty cabins as a NINTH case is diagnosed in the UK

NHS hospitals have all been told they must have the isolation pods on site   People thought to have coronavirus can phone specialist medical teams there  Photos show rusty portable cabins and shipping containers being set up Ninth case of the coronavirus, SARS-CoV-2, was diagnosed in England last night Worldwide, more than 60,000 people have been … Read more

Culinary Union in Nevada released statement Wednesday claiming members have been Viciously Attacked by Bernie Bros

The politically influential Culinary Union in Nevada released a statement on Wednesday claiming that its members have been “viciously attacked” by supporters of Sen. Bernie Sanders, I-Vt. after the union publicly warned its members against backing a candidate in the state’s Democratic caucus who supports “Medicare-for-All.” “It’s disappointing that Senator Sanders’ supporters have viciously attacked the … Read more

Tamiflu is a Big Fraud

“The lawsuit claims the drugmaker’s scheme involved publishing misleading articles falsely stating that Tamiflu reduces complications, severity, hospitalizations, mortality and transmission of influenza. The company then used those articles to aggressively market the drug to the government for pandemic use. Relying on the supposed truthfulness of Roche’s claims, federal and state governments spent about $1.5 … Read more

VIX Low And Steady With Slowly Declining Stock Returns (Is The Fed Propping Up Markets??)

by confoundedinterest (Bloomberg) — How good does this bull market feel? One way of answering that might be to consider returns adjusted for time. Right now, if you had the supernatural good fortune to have bought stocks at the bottom of the financial crisis, your annualized return in the S&P 500 is right around 18%. Here’s a chart of how that … Read more

Be ready to face unexpected economic slowdown, EU to tell G20

Be ready to face unexpected economic slowdown, EU to tell G20 https://t.co/4RVIRU6Gyh via @Reuters pic.twitter.com/VYJDbuN9MQ — 🇪🇺 🇲🇨🇨🇭Dan Popescu 🇫🇷🇮🇹🇷🇴 (@PopescuCo) February 13, 2020 BRUSSELS (Reuters) – European Union finance ministers will warn their counterparts from the world’s most industrialized nations they should get ready to face a potentially large global slowdown, an EU document … Read more

China’s economy is swimming in debt

When one adds the growth of the 'shadow banking' sector, mostly missing from standard debt calculations, a truly scary picture emerges. (Please note that the PBoC has not offered estimates for shadow banking assets for 2018). China's economy is swimming in debt. 4/ pic.twitter.com/CjDKjYuHHs — Tuomas Malinen (@mtmalinen) February 12, 2020