by Chris This is a chart of the futures, which I track more closely than the cash markets, so it won’t line up perfectly but it’s close enough on a numbers basis and directionally identical. There’s a big area of congestion and support in that orange box. Expect a huge fight at the next big … Read more
From Kitco: Gold is facing significant macro-economic transitions from foreign investors that could shift the sentiment to the positive side, said Frank Holmes, CEO of U.S. Global Investors. Continue reading at Kitco…
A new report claims migrant caravans are being funded by U.S.-based groups with close ties to billionaire George Soros. One America’s Kristian Rouz looks into the matter
Posting because the previous one on here was removed for no submission statement. Here are the zoom-ins. I only have two questions personally: would this even be legal to drive? How are the stickers not washed out by the Florida sun and climate? The colors on them remain very vibrant. Another angle https://i.imgur.com/DdSXs27.png ARREST Has … Read more
From Papers, Please: The U.S. Transportation Security Administration released a detailed TSA Biometric Roadmap for Aviation Security & the Passenger Experience, making explicit the goal of requiring mug shots (to be used for automated facial recognition and image-based surveillance and control) as a condition of all domestic or international air travel. This makes explicit the goal that has been apparent, … Read more
by Chris I don’t know where else to file this except under “desperate.” More than 10x the average volume all hitting the ask, driving the S&P 500 up 20 points instantly. I cannot tell you how dispiriting it will be if these super agressive attempts to jam things higher fail. That would be a double … Read more
From Jim Rickards, Editor, Daily Reckoning: My specialty is global macroeconomic analysis. I don’t usually get too involved in politics, and frankly I’d prefer to avoid the subject altogether. But at certain times politics intrudes on markets and you have to account for it. With the midterm elections coming up in two weeks, it’s certainly a … Read more
CATO: The Tangled Mess of Occupational Licensing. In the 1950s, 1 in 20 workers needed government permission in the form of a license to work. Today licensing has ballooned to ensnare 1 in 4 workers. Most of that expansion is new license regulations for previously unlicensed occupations and the broadening scope of existing licenses. Licenses are … Read more
HUGE BREAKING NEWS: CNN has just learned that federal authorities have arrested a man in Florida in connection to the suspected explosive packages. #serialbomber — Javi Morgado (@javimorgado) October 26, 2018 Federal authorities have arrested a man in Florida in connection to the suspected explosive packages, according to multiple law enforcement sources. — Kristen Holmes … Read more
By Kyunghee Park and Jinshan Hong at Bloomberg: Cathay Pacific Airways Ltd. said a hacker accessed personal information of 9.4 million customers, becoming the target of the world’s biggest airline data breach. The airline’s shares sank the most in almost two years, shaving $201 million off its market value, after the Hong Kong-based carrier disclosed the unauthorized access late … Read more
From the American Institute for Economic Research: Government Abuse of Money and the Benefits of Market-Based Money It is worth recalling that money did not originate in the laws or decrees of kings and princes. Money, as the generally accepted medium of exchange, emerged out of the market transactions of a growing number of buyers and … Read more
CNN’s hilarious “signs” of a suspicious package Protruding wires? Seriously CNN? It’s almost like hoax bomb makers used this graphic as their reference point. h/t mikeleoncraft
by Geoffrey Grider Donald Trump supporters have long complained about being censored on Twitter, but here’s one Trump-related hashtag the platform will apparently allow to trend – #MAGABomber Oh, if you’re a Democrat right now you’re surely having a time of it. The much-touted ‘Blue Wave’ is rapidly turning Red, Liberal heros like Michael Avenatti are collapsing, and no matter how … Read more
This was from presidential candidate Dr. Jill Stein on Christmas day 2016. This bears repeating from time to time as regulars forget this aspect or new comers have never seen this information or concepts in their education or media experience. Now as relevant as ever. Here is some additional information: US backed Libya rebels fighters … Read more
by Jon Hall, Free Market Shooter Richard Jomshof, Sweden Democrats MP, has made a dire warning that without any foreseeable change in policy, native Swedes will become a minority in their own country. Speaking to Parliament, Jomshof also accused the Swedish media establishment of downplaying and diminishing the history of Sweden, saying: We should remember that there is only … Read more
I’ve been trying to help a friend move from Facebook to Minds via Facebook messenger app, but it keeps blocking my messages anytime I send a Minds.com link…has anyone else experienced this? via heavy: acebook and Facebook Messenger are blocking any links, messages, or posts that include Minds.com unless users fill out a CAPTCHA to show … Read more
The Globalist communists’ fingerprints are all over this invading force. GK
They have been preparing us with advertising for about 2 years about an earth quake and then this? The U.S. Geological Survey is updating its volcano threat assessments for the first time since 2005 and two Washington volcanoes are ranked as high threats. Government scientists are classifying 18 U.S. volcanoes as a “very high threat” … Read more
by ReadMurrayBookchin I compiled a list of some of the places where we could see the beginnings of a global financial crisis. I don’t know very much about developing markets so I’m sure there is much more out there. North America USA: Stock bubble; leveraged covenant-lite loans; commercial property / housing bubble in certain regions; … Read more
There have been nearly a dozen so-called bombs sent to top Democrats around the country mainly on the east coast. None of them were detonated. I say “so-called” because police are reporting that many of the bombs “could not have exploded.” White powder sent with some of the packages also turned out to be harmless. … Read more
“there are a lot of firms that will go bankrupt” in the coming down-cycle. Yellen and Powell are on the same page. This bubble in leveraged loans ($1.3 trillion!) is destined to end badly…"there are a lot of firms that will go bankrupt" in the coming down-cycle. pic.twitter.com/EO14wrqGga — David Rosenberg (@EconguyRosie) October 26, 2018 … Read more
via Lu Wang As tempting as it may be to chase the bounce, investors should resist the urge, warned some of Wall Street’s most widely followed analysts who use price charts to predict the stock market’s direction. From options trading to breadth, indications of panic that usually exhaust sellers have been largely missing during this month’s … Read more
by Chris With the futures down hard, it’s always good to keep an eye out for any and all rescue attempts. Many have been made over the past couple of weeks. Interesstingly they have all failed. Stock markets hate failures like that! This morning’s rescue attempt, which may or may not be sucessful, began a … Read more
Looks good but keep the fight up until November 8th. TY
