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In a Wall Street Journal op-ed, liberal billionaire financier George Soros offered some rare praise of President Trump for his policies around China and Huawei. But Soros said he worries that Trump will reverse his own strategies to use Huawei as one of his “bargaining chips” in trade talks with China in the run-up to … Read more
Poll: Trump approval falls as majority of Americans brace for recession President Donald Trump’s job approval rating fell several points in a new survey, while Americans’ fears of a looming recession have escalated and their confidence in Trump’s handling of the economy has sagged. Thirty-eight percent of respondents in an ABC News/Washington Post poll released Tuesday approve … Read more
by Bob Moriarty via Streetwise Reports When you are climbing the steepest of mountains, especially at high altitudes, it can be tiring. If you start getting a nosebleed, you are simply working too hard and need a break. The DSI (Daily Sentiment Index) on gold hit 97 four weeks ago and while it has struggled to keep up … Read more
US Customs and Border Protection has released drone video that shows miles of a “new border wall system” on Arizona’s porous boundary with Mexico. “Construction crews continue work on the new border wall system along the SW border near San Luis, AZ. In partnership with @USACEHQ, CBP has constructed over 60 miles of new border … Read more
The National Rifle Association has sued San Francisco where city officials recently declared the gun-rights lobby a terrorist organization. The NRA says in its lawsuit that the city is infringing on its free speech rights and is seeking to blacklist anyone associated with it. The lawsuit was filed Monday afternoon in U.S. District Court for … Read more
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
Authored by Tom Holland of Gavekal Global risk assets got a boost last week from news that the US and China will resume their stalled trade talks in October. The assets that benefited included oil, which rallied 6% on expectations that increased chances of a US-China trade deal will be positive for global growth, and therefore … 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 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’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
Apple may be set to introduce new models of iPhones, but Bill Hudgins has no interest. He’s got himself an iPhone 5S, the phone that Apple stopped supporting in September 2018 with software updates, bug fixes and the like. “I haven’t noticed a problem,” says the retired Nashville area writer. “I’m happy with it. It works … Read more
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
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
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
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
by Michael Snyder For a long time a great battle has been fought to determine the future direction of this country, and at this point one thing has become exceedingly clear. America is never going to be the country that it once was. Of course for millions of Americans this is actually very welcome news, … Read more
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
The [DS]/[CB] believe they have BJ, but there maybe one last card that BJ can play and it seems that Trump might have known about this the entire time, did he help him to discover this little gem. Trump is preparing the economy for the transition, to do this he needs to remove as many … Read more
The [DS] is now going all out to stop Trump, Nadler is pushing impeachment, Rep Collins says there is nothing to push. Trump has a challenger in the Presidential race and Trump hits him hard. Trump releases messages to the people directly bypassing the MSM. The new DHS protocol will cut down on the undocumented … Read more
via Zerohedge: Having squeezed higher overnight and accelerated after the US open, it appears the catalyst for the sudden dump in US equity markets is the European market close… Nasdaq futures illustrate the technical nature of the move best as the drop erases the sudden spike at the US open on Friday (after payrolls missed)… As … Read more
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