Consumers that added $1.3 trillion to their savings last year are not the ones who owe $1 trillion on their credit cards. By Wolf Richter for WOLF STREET. This phrase, “consumers in aggregate,” is starting to crop up even in Fed speak, including in Jerome Powell’s press conference this week, to express that they’re not totally blind to what … Read more
PeakProsperity’s Adam Taggart that, officials, the media, and globalist-driven organisations are downplaying Wuhan coronavirus risk, even as models suggest infections will soon soar. The sudden slowdown in new information coming out of China has Chris Martenson spooked. He walks us through the math here, showing how if the coronavirus follows its current geometric growth, over 100 million people … Read more
Humans have pumped about 2 trillion tons (1.8 trillion metric tons) of carbon dioxide (CO2) into the atmosphere since the start of the Industrial Revolution, and the ocean has absorbed about 25% of it. This glut of greenhouse gases not only warms the ocean (contributing to more-frequent heat waves and severe weather), but also changes the water’s chemistry, slowly … Read more
By Nick Cunningham Royal Dutch Shell reported a steep drop in earnings in the fourth quarter, and the financial squeeze may slow the pace of share buybacks and force more asset sales. Shell’s earnings of $2.9 billion were down by half from a year earlier, leading to a 3 percent drop in its share price on Thursday … Read more
It’s on! Not only Chinese nationals, but anyone who has set foot in China during the past 14 days will now be barred entry into the United States. US Bars Foreigners Who Visited China Most foreign nationals will not be allowed to enter the United States if they’ve been to China in the preceding two … Read more
by Dave Kranzler of Investment Research Dynamics The total US market valuation at $33.9 trillion is 157.4% of the last reported GDP. It’s the highest market valuation ever. The more the policy-makers try to pump and jawbone the market higher, the worse the consequences will be on the downside when the rug is pulled out from under stocks. … Read more
Mike & Half Dollar are your hosts for Silver Doctors Live. We currently live-stream on Mondays, Wednesdays and Fridays at 11:00 a.m. EST. Watch the show live, or the replay of it, in its entirety below! Link to the Silver Doctors YouTube Channel if needed: https://www.youtube.com/silverdoctors The MSM has set the stage to blame the alt-media for the “fear-mongering”, … Read more
By Irina Slav Lithium and cobalt: the two components of a rechargeable battery that have spurred a research and development rush may eventually meet their match in the future, in a simple element available in abundance in seawater. Sodium, unlike lithium is widely available everywhere there is saltwater. And since saltwater makes up the bulk … Read more
PARIS (Reuters) – European planemaker Airbus (PA:AIR) will pay 3.6 billion euros ($4 billion) to settle corruption probes by U.S., British and French authorities into contract dealings, lifting a legal cloud that has hung over the world’s largest aircraft maker for years. Announcing the agreement – effectively a corporate plea bargain – France’s financial prosecutor … Read more
Yields on 2-year Treasuries are now the lowest since September 2017. pic.twitter.com/GidoipwaVK — Lisa Abramowicz (@lisaabramowicz1) January 31, 2020 30-Year: 1.9996% pic.twitter.com/lDeqXZnxoN — Eric Basmajian (@EPBResearch) January 31, 2020 In today's GDP report, the growth rate in real personal consumption + private investment slowed sharply. The core of the US economy posted the weakest rate … Read more
by Michael Snyder We haven’t seen an outbreak like this in any of our lifetimes, and it is really starting to frighten a whole lot of people. This virus has an incubation period of up to 14 days, it spreads very easily from person to person, and it also appears to be mutating very rapidly. For now, … Read more
“Medical experts on Friday warned that patients who had recovered from the virus were still at risk of being infected again,…” The daily death toll from the rapidly spreading coronavirus hit a record high in China on Thursday, health authorities said, with 43 more fatalities – 42 of them in Hubei province, the outbreak’s epicentre. … Read more
"At Least Two-Thirds of China Economy to Stay Shut Next Week:" Fourteen provinces & cities in China "have said businesses need not start until at least the 2nd week of Feb. They accounted for almost 69% of China’s GDP in '19." – RJ O'Brien — Carl Quintanilla (@carlquintanilla) January 31, 2020 Source The main risk … Read more
If you have never received a slap in the face, try forex trading. It is very easy to be so confident of a trade and you make a move only for the odds to trade against you. Apparently, most forex traders fail because they neither didn’t have a strategy or had a strategy that they … Read more
by Wayne Allyn Root Bernie Sanders has a serious shot at being the Democrat presidential nominee. Many polls have him leading in both Iowa and New Hampshire. That’s disturbing. That’s like handing America over to Fidel Castro. How radical is Bernie? To simplify things, I’ll just let the numbers do the talking. The Wall Street Journal … Read more
by Mac Slavo of SHTFplan While we are being bombarded with news from the mainstream media that the current United States economy is “booming,” 90% of Americans say they are stressed out about money. What could possibly be stressing us out if the employment rate is low, there’s no inflation, and everyone has disposable income? Or are we … Read more
TraderStef of traderstef.wordpress.com interviewed by Mike Manwell of Silver Doctors Today’s guest, TraderStef, shares her findings on the Coronavirus Superbug and the impacts it might have on the economy. During our chat she elaborates on how a further slowing of the global economy will spell trouble for those that don’t have a plan. According to her analysis, silver is extremely … Read more
And there is an outside chance the wave could be complete at $1536.40. Here are the details… asdfasdfasdf Captain Ewave Gold, Silver, & Gold Stocks: Modest Pain Email: admin@captainewave.com Website: http://www.captainewave.com Jan 28, 2020 GOLD: Within wave *v*, all of wave $i$ ended at the spike high of 1613.30, and we are now falling in wave $ii$. … Read more
