Via Casey Research As longtime readers know, Doug is a legendary speculator who’s made a fortune in the gold sector. He says this year’s rise in gold is just the beginning… and now’s the time to take advantage. Below, Doug tells me why… Chris: Doug, as you know, gold is on the rise. Do you see … Read more
By David Stockman The situation, to put it mildly, has gone from bad to worse. Even when the numbers tick up, they do so by the smallest margin. Mainstream reports, of course, still blow them way out of proportion because of even more extraordinary extraordinarily supportive monetary policy. But recent data should warn instead of … Read more
from Financial Survival Network Gerald Celente says that zero interest rates are pushing the world into the Greatest Depression. There’s no stopping it. QE4 by any name is underway. Increased social unrest is spreading around the globe. In just the past week over a dozen countries are erupting. It’s anti-establishment and anti-elite. The people are fed up … Read more
BY JOHN RUBINO Money Show: The great old rush of 2019-2021 … Ronni Stoeferle introduces his “In Gold We Trust” chartbook … McAlvaney on “the coming superstorm” … Gerald Celente: Orwell was an optimist …
by UPFINA The Fed is going to cut rates for the third straight time on October 30th. What makes this cut unique compared to the prior two is that the Fed should be done with cuts for the intermediate term. There is only a 24.9% chance of a cut in December and that’s with the median … Read more
https://www.cnbc.com/2019/10/25/nearly-every-analyst-covering-amazon-says-buy-the-dip-except-one.html Barclays told clients it’s “still early” to buy the dip on Amazon, as the e-commerce giant’s period of heavy investment could hurt financials further before things get better. Shares of Jeff Bezos-led Amazon plunged as much as 9% about reporting third-quarters earning that fell short of Wall Street’s expectations. Almost every other Wall Street … Read more
NEWYORK (Reuters) – Four global banks and five big fund managers called on international regulators on Thursday to require for-profit derivatives clearinghouses to put up more of their own capital to protect against cascading losses that could rock the world financial system. Members of the group, including Citigroup Inc, <C.N> JPMorgan Chase & Co <JPM.N> and BlackRock … Read more
Authored by Mike Shedlock via MishTalk, What’s behind the ever-increasing need for emergency repos? A couple of correspondents have an eye on shadow banking. Shadow Banking The shadow banking system consists of lenders, brokers, and other credit intermediaries who fall outside the realm of traditional regulated banking. It is generally unregulated and not subject to the … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter However many billions of other people’s money your outfit burns, just make sure you walk away a billionaire. SoftBank – the Japanese conglomerate that is the late-stage investor superstar behind imploded WeWork, bleeding Uber, and others – is planning to take a $5 billion to $7 billion write-down of its investments … Read more
https://www.youtube.com/watch?v=McxUDKakolY Indeed Harley: Farmers protest in Germany, also in the Netherlands. Thousands of tractors, many places. People are very slowly waking up ! AC
https://youtu.be/kX5xE4DrpoM https://www.congress.gov/bill/116th-congress/house-bill/1111/text
by John Ward Now that global media combine Comcast has aced Newscorp out of any clout in Sky television, our Prime Minister Boris Johnson has lost the unqualified support he has come to expect from Rupert Murdoch. Comcast’s CEO is a confirmed enemy of British independence in particular, and a free internet in general. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ I … Read more
via rushlimbaugh: RUSH: I want to test your knowledge of civics and the Constitution. Let’s pretend, let’s imagine that there is an impeachment trial in the Senate. And, no, I have not forgotten about Republicans and Democrats and panic stories, they’re coming up. Do you know what happens during a Senate trial? The odds are you don’t. Many … Read more
by econimica Since 2007, US federal debt has risen 150% while annual US births (legal and otherwise) have fallen almost 14%. Said otherwise, over the dozen years since 2007, federal debt has increased by $13.8 trillion while 5.2 million fewer births have occurred over the same period than the Census projected. This is probably worth a … Read more
by SubversiveInterloper Source: https://archive.is/cetiW More rabbit hole: The Election Integrity Project California provides a list of 11 California counties that have more registered voters than voting-age citizens. In addition, Los Angeles County officials informed the project that “the number of registered voters now stands at a number that is a whopping 144% of the total number of … Read more
Something very big has just happened! — Donald J. Trump (@realDonaldTrump) October 27, 2019 The United States military has conducted a special operations raid targeting one of its most high-value targets, Abu Bakr al-Baghdadi, the leader of the Islamic State militant group (ISIS), Newsweek has learned. President Donald Trump approved the mission nearly a week before it … Read more
Here’s a finding that should prompt parents to crack down on their kids’ screen time at night: New research shows that close to one-third of American children don’t get sufficient sleep. That lack of sleep makes it harder for kids to learn and to behave well when challenged. “It’s important for parents to recognize the … Read more
via newsbusters: MSNBC hosts used to be fascinated with [Katie] Hill. This year alone, she appeared on MTP Daily with Chuck Todd (January 21), The 11th Hour with Brian Williams (February 5), Hardball with Chris Matthews (May 14), and All In with Chris Hayes (May 22). Suddenly, however, MSNBC journalists seem to have lost interest. Last summer, while filling in for MTP Daily host Chuck Todd, MSNBC’s … Read more
via azcentral: Newsom is apparently unaware that the first $1.07 of every gallon comes from California’s fuel taxes and standards, which are the worst in the nation. Fix that, and the governor could slice his constituents’ fuel budget by a quarter. But that won’t do – the workers actually fueling his state must be to … Read more
