by Frank Holmes, CEO, U.S. Global Investors In his letter to Berkshire Hathaway shareholders for fiscal year 2001, Warren Buffett made one of his now-famous pronouncements: “Predicting rain doesn’t count, building an ark does.” Buffett admitted to forecasting some of the market turmoil during that year, which was exacerbated by 9/11, and yet he failed … Read more
by Fabius Maximus Summary: Impeachment is too gentle a punishment for some high crimes by a President. They deserve everlasting infamy. Like this recent act by a President, as yet unpunished. We need drastic action as a reminder to future generations that we must be ever vigilant in defense of the Republic “Every nation has the … Read more
by TFittonJW In August, a federal court judge granted Judicial Watch more discovery on the Clinton email scandal, allowing us to uncover much more about what really happened with Hillary Clinton’s emails. This Thursday, Judicial Watch heads to court again on the email scandal.
“Fox News reported Sunday that a number of Navy pilots who remained anonymous plan to send the draft letter to colleagues for signatures before presenting it to lawmakers on the House and Senate Armed Services committees in the hopes of spurring change after three people were killed in a shooting at Naval Air Station Pensacola. … Read more
by Michael Snyder The major entertainment companies in the United States all produce a relentless deluge of filth and garbage, but Netflix is the worst of them all. For years they have been creating vomit-inducing movies and shows that openly mock faith, family and traditional American values, but their subscriber base just kept growing and … Read more
https://www.cnbc.com/2019/12/16/boeing-will-suspend-737-max-production-in-january.html Boeing is planning to suspend production of its beleaguered 737 Max planes, according to people familiar with the matter, a drastic step after the Federal Aviation Administration said it won’t certify the planes until next year. The manufacturer has warned investors repeatedly that it could further cut or suspend production of the planes altogether … Read more
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Why the ultra-wealthy are stockpiling physical gold, Goldman says central banks are taking up 20% of global gold supply, and gold’s exceptional 2019 run could spill over into the new year. High-net-worth … Read more
The left will never tell you this. AOC’s own previous employer “The Coffee Shop” closed because of the rise in minimum wage: https://www.forbes.com/sites/maggiemcgrath/2018/10/12/remembering-the-coffee-shop-a-new-york-institution-is-closing-after-28-years/#2e2cb1ae10a0 Quotes from the Forbes article: New York’s minimum wage law would have added $46,000 a month to his labor costs in 2019. Milite said: “I know it doesn’t sound like much — … Read more
by no1113 Max Blumenthal spells out at 13m14s how Reddit used to be a place for “free and open speech”, but has been taken over and putrified (covertly and not-so-covertly) from the inside out.
by NineteenEighty9 Here’s a link to the paper from the national bureau of economic research, it’s a very interesting read imo. We evaluate progress in President’s Johnson’s War on Poverty. We do so relative to the scientifically arbitrary but policy relevant 20 percent baseline poverty rate he established for 1963. No existing poverty measure fully captures … 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 Have you been seeing the signs of a business cycle top and approaching … Read more
by UPFINA The November retail sales report showed yearly growth improved modestly, but missed estimates across the board. It wasn’t as strong as what the consumer sentiment index, the Adobe analytics data, and the Gallup poll, which asked what consumers would spend on the holidays in October, suggested it would be. Plus, there are low jobless … Read more
via deflation: Credit card companies are taking steps to protect themselves against the next financial downturn. The November Elliott Wave Financial Forecast showed this chart and noted: This chart shows that the spread between the average credit card rate and the three-month U.S. T-bill yield hit 15.08 in July, surpassing the peak level in the aftermath of the … Read more
Finally some extreme greed https://t.co/a1pVw2obsW — The Market Ear (@themarketear) December 16, 2019 Growth stock valuations back at Dot Com levels, stock indices up 28-35% and some sectors up 55% despite flat or neg earnings in '19. But no bubbles again says the Fed🤔🌋🧨🎉 #DefinitionofInsanity #💉QE💉@RobSKaplan @neelkashkari @marydalyecon @RaphaelBostic @EricRosengren pic.twitter.com/6wvnsX89GY — M/1_LP (@MI_Investments) December … Read more
The conusmer is fine! *As long as they don't get sick. pic.twitter.com/aHDKMclKAC — John Tuld (@BradHuston) December 16, 2019 Health insurance pic.twitter.com/ZCJ1usYq8B — Win Smart, CFA (@WinfieldSmart) December 16, 2019
by Jason Burack via Wall St For Main St The U.S. Army plans to fund construction of rare earths processing facilities, part of an urgent push by Washington to secure domestic supply of the minerals used to make military weapons and electronics, according to a government document seen by Reuters. The move would mark the first financial investment … Read more
by Harry Dent via Economy & Markets Years ago, I had to adjust my real estate model for di-ers, as homes last near forever and di-ers are forced sellers that can overwhelm and offset the younger peak buyers into age 42-43 in recent years. That’s why Japan’s real estate bust never boomed again and is still scraping the bottom 28 … Read more
The real depression never really ended, the FED infused banks poured $ trillions into the markets creating a bubble along with cheap monies borrowed by corporations to buy back stocks. No helicopter monies, the trump tax cuts really helped the upper classes. These big banks also increased their derivative exposure which is highly vulnerable now … Read more
