$800,000,000.00 Las Vegas Shooting Settlement

A massive settlement is expected to resolve lawsuits related to the Las Vegas massacre two years ago, according to a new report. An exact settlement amount has not yet been disclosed, but MGM Resorts International has previously said in financial filings that it expects to pay up to $800 million to victims of the mass shooting, sources told … Read more

Fund Manager: An Unavoidable Global Debt Implosion

by Dave Kranzler of Investment Research Dynamics “[Whatever] the repo failure involved, it is likely to prove a watershed moment, causing US bankers to more widely consider their exposure to counterparty risk and risky loans, particularly leveraged loans and their collateralised form in CLOs. a new banking crisis is not only in the making, for which the repo … Read more

Libtards eating libtards – Liberal Twitter torches Michael Moore for comments about Biden

https://www.washingtonexaminer.com/news/liberal-twitter-torches-michael-moore-for-comments-about-biden Twitter was ablaze with criticism after filmmaker Michael Moore compared Joe Biden to failed Democratic presidential candidate Hillary Clinton. “Joe Biden is the center, Joe Biden is this year’s Hillary,” Moore said, drawing blowback on social media. Good God @MSNBC – can you please spare me Michael Moore bashing Biden & claiming he won't … Read more

Oil Prices Tank On Global Recession Fears

By Nick Cunningham Oil prices continued to slide on Wednesday, falling on a string of worrying economic news. Markets were peppered with troubling data from September at the start of the week, with each new release compounding fears that cracks in the global economy are growing. Global manufacturing activity declined for the fifth consecutive month in September, … Read more

Four rules for storing physical gold overseas

by Simon Black In early May in the year 878 AD, Alfred the Great of the Kingdom of Wessex fought a decisive battle against a massive Viking army at a place called Ethandun in southwest England. Alfred won the battle, defeated the Vikings, recaptured London, and united England under his rule; he’s generally considered to be … Read more

BREAKING: Heavy gunfire erupts at Tayaran Square in central Baghdad,30 dead and more than a thousand wounded!

https://twitter.com/love4thegameAK/status/1179828437956980736 #BREAKING: 30 dead and more than a thousand wounded in #Iraq protests https://t.co/4SX5jWiD2C — Amichai Stein (@AmichaiStein1) October 3, 2019 #BREAKING: Iraq, tonight: Heavy gunfire in central #Baghdad – @BarzanSadiqhttps://t.co/shbqCqn19f — Amichai Stein (@AmichaiStein1) October 3, 2019 #BREAKING @LizSly: Unrest in #Iraq escalating quickly. Protests continue despite a curfew, internet blackout. Security use live … Read more

Nasdaq Could Get Crushed If Stock Market Drop Continues, Investors Will Shift To Safe Havens

by Chris Vermeulen of The Technical Traders Our research team has been all over this longer-term Pennant/Flag setup and the potential for the breakdown in the US/Global markets.  The US manufacturing data released today confirmed what we believed would be the outcome of the extended trade issues between the US and China – a moderate slowdown in US … Read more

Simon Black: Many Local Retirees In Puerto Rico Will Get Pension Cuts As Part Of Debt Restructuring

by Simon Black of Sovereign Man On Friday evening, the government here in Puerto Rico made an announcement to local retirees that many of them would have their pensions cut. Poof. Just like that. The pension cut is part of a debt restructuring plan to help Puerto Rico emerge from bankruptcy, which they declared in May 2017. Bankruptcy … Read more

Economics Is Like Quantum Physics

By John Mauldin I often say a writer is nothing without readers. I am blessed to have some of the world’s greatest. Your feedback never fails to inspire and enlighten me. My last week’s That Time Keynes Had a Point letter brought many more comments than usual. Apparently Keynes is still provocative 73 years after his death, … Read more

Libs Owned Again: D.C. Journalism Museum to Close Amid Financial Difficulties

The Newseum, a self-congratulatory monument to the media located in our nation’s capital, will close at the end of the year amid longstanding financial difficulties, proving once again that President Donald J. Trump cannot stop winning and will never stop owning the libs. The organization said it “has struggled financially for a number of years and continuing … Read more