Peter Schiff’s latest market insights

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Goldseek Radio, Released on 6/11/19 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street … Read more

Prime Minister Johnson & the rocky road back to democratic reality.

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by John Ward I am all for Prime Minister Boris Johnson. Not because he is the long-sought Messiah, but because he just might wind up causing an organised resistance to the very things that Prime Minister Boris Johnson would represent. The British disease needs to get worse before it stands any chance of getting better. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ … Read more

Amazon Alexa is illegally recording kids, lawsuits claim

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via marketwatch: A pair of suits filed in Washington and California allege Alexa keeps voiceprints of children without their parents’ consent. Alexa, stop recording our kids! So charge a pair of lawsuits filed against Amazon AMZN, -0.02%  this week, as first reported by the Seattle Times, which allege that the devices are breaking the law in at least eight states by … Read more

Tucker Carlson: The left complains that Trump is lawless, but they are attacking the fabric of society

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Watch the latest video at foxnews.com One thing you can say about the left, they do get high marks for message discipline. Some functionary in the propaganda department comes up with a talking point and immediately, the entire herd — from senior Democrats in the United States Senate to weekend anchors on MSNBC and everyone … Read more

Three Steps to Making Your Personal Finances More Private in a Digital Age

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by: Stefan Gleason Imagine a world where every financial move you make gets recorded in databases that are accessible by any number of third parties – from bankers, to government bureaucrats, to data thieves. It’s the world of the cashless, all-digital economy. And it’s rapidly approaching. Fortunately, there are some steps you can take to … Read more

Morgan Stanley’s Business Conditions Index Just Suffered The Biggest One Month Decline In History

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by Michael Snyder We continue to get more indications that U.S. economic conditions are going to deteriorate rapidly during the second half of this year.  Yesterday, I reported on a brand new survey which found that 69 percent of U.S. CFOs believe that a recession is coming “by the end of 2020”, and today we learned that Morgan … Read more

UK Government Blew Billions on “Help to Buy” Scheme that Enriched Home Builders and Drove Up Home Prices. Taxpayers on the Hook When Prices Sink, New Report Warns

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But it helped high-income people buy homes. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The UK’s government’s flagship “Help to Buy” equity loan scheme, launched ostensibly to give cash-strapped first-time buyers a leg up onto the property ladder, has dished out billions of pounds of publicly subsidized loans to relatively well heeled homeowners … Read more

Frothy Bubbles Make Me Whine

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by David Haggith    These are not the tiny champagne bubbles Don Ho used to sing about, but those greenish-gray floats of foam that pile up against harbor docks where the churn of the waves meets the oil spittle of boat motors. They are the economic froth that has piled up around us and is now … Read more

IMpulse K1 Phone: Stuttgart-based blockchain and gold giant, Karatbars International, has entered the smartphone market with the most secure and protected player

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Founded in 2011, the company has developed a splendid infrastructure around blockchain technology, digital assets and precious metals to become one of the world’s leading retailers on the global precious metals market. It established the first fully licensed blockchain bank in the world, developed a blockchain solution payments and a native cryptocurrency, as well as … Read more

Misplaced Pride: Most of the “Middle Class” Is Actually Working Class

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by Charles Hugh-Smith If we look at these charts, it looks like only the top 10%, or perhaps the top 20% at best, might qualify as “middle class” by the metrics described below. The conventional definition of working class is based on income and education:the working class household earns between $30,000 and $69,000 annually, and the highest … Read more

The State of the Canadian Debt Slaves, and How They Compare to the American Debt Slaves

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This, despite still ultra-low interest rates and the highest disposable income ever. Canadian households are known around the world for their uncanny ability to pile on debt. And American debt slaves, who’d gotten trampled during the Great Recession, turn out to be lackadaisical these days in comparison. The share of disposable … Read more

Walmart’s Desperate $3.3 Billion Acquisition of Jet.com Fails. But it Now Discloses its US Online Sales, and They’re Big

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Ecommerce is an existential threat to Walmart, and it’s furiously trying to get on top of it, whatever the cost may be. Walmart, determined in an existential sense to become a factor in ecommerce, has been spending vast sums of money to get there, including blowing billions of dollars on acquisitions … Read more