Why are bond yields falling again?

by Shaun Richards The year so far had brought more than a few surprises and some that should not have been. But bond markets have spent much of it singing along with Genesis. Can’t you see this is the land of confusion? We began the year with rising yields which followed the path of rising … Read more

Influence is More Powerful than Money

by Martin Armstrong COMMENT: Within the world of the most powerful, are Gates, Schwab the most powerful? I have the impression that the Owners of Blackrock and Vanguard are the ones that pull the strings of the world. Where are the Rothschilds and Rockefellers in the world of power? Greetings and thanks for your impressive … Read more

Moving from Gold-Redeemable to Irredeemable Currency

by: Keith Weiner When we saw the following comment from a prominent otherwise-free-marketer, we knew it was time to write this article. “…the value of the Fed’s “liabilities”(which are so in name only) [scare quotes and parenthetic comment in original] bears only a very loose connection to the value of its assets.” This statement seems … Read more

Banks Are Literally Begging Americans To Take Out Loans And Max Out Credit Cards — DO THE OPPOSITE. Pay off your debts, and start using CASH for everything.

Last month when looking at the latest bank balance sheets, we showed that something was “terminally broken” in the US financial system: specifically, we showed that a “stunning divergence” had emerged between the total deposits at big banks which had just hit a record high courtesy of the Fed’s QE (as the fungible reserves injected by … Read more

“Made in China” Products Suffer Logistics Problems

Chinese home appliance company Hisense has big plans to sell more goods overseas, but it said global shipping congestion has multiplied costs and caused delays. It’s not been easy, generally, for Chinese multinationals. Out of about 3,400 Chinese companies that operate internationally, only about 200 make more than $1 billion in sales overseas, said James … Read more

Twitter enlists Associated Press for fact-checking help despite record of journalistic flubs

Twitter this week announced the rollout of a new fact-checking initiative that will rely in part on a major news organization that regularly published reports on the now-debunked Trump-Russia collusion theory and other disproven attacks on the Trump administration. The social media company said in an announcement on Monday that it had enlisted both The … Read more