Top Republican is accusing the Navy of withholding infos about UFOS

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A top Republican on the House Homeland Security Committee is accusing the Navy of withholding information about reports of unidentified aircraft after officially requesting more data on the mysterious encounters. Rep. Mark Walker of North Carolina, the ranking member of the Intelligence and Counterrorism subcommittee, asked Secretary Richard V. Spencer in July to outline what … Read more

This Gold Rally Is Different For One Critical Reason

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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 gold rally might be different this time, gold could continue to soar  if the Fed keeps cutting rates, and gold and silver prices push higher following weak U.S. jobs data. Why the … Read more

GOOGLE NEST camera scanning faces… Always listening. Now watching… Surveillance state fears as cops hand out free AMAZON RING

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Google’s got a new face-tracking camera for your home. We’ve got questions Google Home and Nest Hub gadgets already feature microphones that are always listening for the words that wake up the Assistant (“OK, Google” or “Hey, Google”). Now, the search giant’s newest gadget for your home, the Nest Hub Max smart display, adds in a camera that’s always watching for a … Read more

NFL attendance way down!

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via breitbart: This week starts the NFL’s 100th season, but some teams seem to still be finding a awful lot of empty seats. As the Cleveland Browns took on — and lost 43-13 to — the Tennessee Titans at FirstEnergy Stadium, for instance, fans took to social media to express their shock at the number of empty seats: … Read more

Simon Black: Here’s EVERY REASON To Avoid Buying A Paper Gold ETF Such As The GLD

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by Simon Black via Sovereign Man Buckle up, this one’s going to be entertaining… because I should have called this note “Why you should always read the fine print.” This morning I read through the prospectus and annual reports of the most popular Gold ETFs in the world. First, some background: ETF stands for ‘exchange-traded fund’. It’s sort … Read more

Robert Shiller: ‘I would not be surprised if home prices started falling’

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Bloomberg, Released on 9/5/19 Robert Shiller, professor of economics at Yale University, discusses the U.S.-China trade war, the economy, consumer spending and the U.S. housing market. Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale … Read more

7 things people who are good with money never buy

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1) They’re not buying brand-new cars 2) And they’re not leasing a new car constantly, either 3) They won’t buy houses they can’t afford 4) They’re not buying things on credit that they can’t pay for 5) They’re not buying luxury goods from brand-name designers 6) And they’re less likely to load up on material … Read more

Shades Of 2007: Subprime Auto Lender Verified Income On Only 3% Of Loans In Latest Bond

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via Zerohedge: The US subprime auto industry is doing everything in its power to recreate another 2008 crisis. After all, it takes a (Potemkin) village. One of the largest subprime auto finance companies, Santander Consumer USA Holdings, verified the income on less than 3% of borrowers this year, according to Bloomberg.  And in painfully vivid shares of 2008, it … Read more

2 Letters; $20 Billion Lost

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Submitted by Adventures in Capitalism Over the past few months, we’ve learned a lot about the psyche of the typical Ponzi Sector investor. You see, Ponzi sector investors will ignore most red flags, even at a company like WeWork, with more red flags than a Soviet May Day parade; Super-voting stock – Zuck did that and it … Read more

Which States Could Suffer the Most From Trade War Tariffs?

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by howmuch As the U.S. continues to impose tariffs on goods from China, and vice versa, both countries are raising the stakes of the ongoing trade war. The new 15% tariff on Chinese goods just kicked in, and Asian markets are already feeling the effects. But the U.S. economy is also affected by these ever-escalating tariffs. Our newest visualization … Read more

Citizens of California. When will you rise up against this corruption?

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Californians have had it with PG&E, a convicted felon infamous for sacrificing safety, maintenance, reliability, and people to enhance “shareholder value.” But is San Francisco overpaying? Take a look. This – the offer made on Sunday – has been kicked around in San Francisco since the catastrophic wildfire in Butte County … Read more

Federal Reserve Chair Jerome Powell Insists There Won’t Be A Recession When All The Evidence Suggests Otherwise

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by Michael Snyder It’s happening again.  Just like last time around, the head of the Federal Reserve is telling us that there won’t be a recession even though all of the evidence suggests otherwise.  Just before the recession of 2008, Federal Reserve Chair Ben Bernanke told the country that “the Federal Reserve is not currently forecasting … Read more

Here’s why I think China is the next “big short”

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by ComicalEconomical TL;DR at the bottom. Point 1: Defaults in China have been accelerating aggressively, and through July 2019, 274 real estate developers filed for bankruptcy, up 50% over last year. A bonus? Many Chinese state controlled banks have been filing for bankruptcy as well. Just google “china bank defaults” or something similar. Notice how many articles there are … Read more

JPMorgan has a new index — called the “Volfefe Index” — that measures Trump’s tweets and their impact on bond volatility. Among JPMorgan’s findings: there’s been an increase in what they call “market-moving tweets” — Trump tweets which are immediately followed by a volatility spike.

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by gubbsbe Source and graphs: JPMorgan has a new index — called the “Volfefe Index” — that measures Trump’s tweets and their impact on bond volatility. (1/x) pic.twitter.com/D37ocdebxk — Carl Quintanilla (@carlquintanilla) September 8, 2019