First 100 of 7,000-14,000 troops have arrived to secure US-Mexico border

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by Dr. Eowyn Yesterday evening, a Defense Department official told Fox News that: The first 100 active-duty troops of Operation Faithful Patriot had arrived at the U.S.-Mexican border at a port of entry in McAllen, Texas to provide support for Border Patrol agents. There are about 2,600 troops now at staging bases, largely in Texas. Several thousand more … Read more

Will Your Retirement Efforts Achieve Escape Velocity?

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by Adam Taggart The concept of ‘retirement’, of enjoying decades of work-free leisure in your golden years, is a relatively new construct. It’s only been around for a few generations. In fact, the current version of the relaxed, golfing/RV-touring/country club retirement lifestyle only came into being in the post-WW2 boom era — as Social Security, corporate & … Read more

Fund Manager: The Homebuilder Stock Train Wreck

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by Dave Kranzler of Investment Research Dynamics One of the proprietors of StockBoardAsset.com tweeted about two weeks ago wondering when the stock market was going to start pricing in a slow-down in the economy. To that I responded by pointing out that the DJ Home Construction index is starting to price in a housing market crash. Residential construction … Read more

“Good News Is Not Necessarily Good News” – Eric Sprott On Current Sentiment

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Eric Sprott interviewed by Craig Hemke on The Weekly Wrap-Up Nov 2, 2018 In five days, the Indian festival of lights known as Diwali will kick off the Hindu New Year. And during this celebration, guess which investment is considered lucky? That’s right: gold. And on this edition of the Wrap-Up, Eric Sprott breaks down the latest in precious … Read more

If you’re expecting buybacks to rescue the stock market, think again, says strategist

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via Chris Mathhrews  After a tumultuous October, investors are regaining their footing and counting on a safety net for stock values that may prove treacherous. One reason for renewed confidence has been that leading up to earnings releases, public companies face greater restrictions to buying back their own shares, a phenomenon known as a “buyback … Read more

10 reasons NOT to vote next Tuesday

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by Dr. Eowyn From John Philip Sousa IV’s essay on Stars & Stripes Forever: Given that just a 2 or 3 percentage point drop in turnout among Republicans mean Democrats take control of Congress next year, I thought I’d list a few reasons why Republicans might want to consider skipping this election. Here goes … 1. … Read more

California Hit By 39 Earthquakes Within 24 Hours As Scientists Warn Of “Movement Along The San Andreas Fault”

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by Michael Snyder  A series of large earthquakes has rattled California over the last 24 hours, and scientists are telling us that the shaking was the result of “movement along the San Andreas Fault system”.  In recent months there has been an alarming amount of seismic activity all along “the Ring of Fire”, and there have been … Read more

Bill Bonner: A memento mori for the bull market

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From Bill Bonner, Editor, Bill Bonner’s Diary: POITOU, FRANCE – We came back to France to celebrate the Toussaint with friends and family. All Saints’ Day is still an important holiday in France. People go to church in the morning, clean the graves of their relatives in the afternoon, and put pots of chrysanthemums on the sepulchers. We … Read more

What’s Behind the Erosion of Civil Society?

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by Charles Hugh-Smith Rebuilding social capital and social connectedness is not something that can be done by governments or corporations. As the mid-term elections are widely viewed as a referendum of sorts, let’s set aside politics and ask, what’s behind the erosion of our civil society? That civil society in the U.S. and elsewhere is fraying … Read more

What General Electric Is Doing to Dodge the Question: “When Will GE File for Bankruptcy?”

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The hail of two-notch downgrades doesn’t help. Wolf here: Shares of General Electric [GE] are down over 3% this beautiful Friday morning, trading at $9.20. If they close at this level, they would mark a new nine-year closing low. Shares are down 52% year-to-date: The lowest close since the 1990s was … Read more