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by Michael Snyder Wal-Mart gets approximately one-fourth of all the merchandise that it sells from China, and Wal-Mart’s CFO is warning that “higher tariffs will lead to higher prices for customers”. In other words, U.S. consumers will soon be feeling a lot of pain. Over the last several decades, major retailers such as Wal-Mart have … Read more
The Federal Reserve, by manipulating interest rates and creating money out-of-thin air, produces economic bubbles that must always end in painful economic busts. Have you ever noticed that Fed officials never actually acknowledge any of this? They never warn Americans ahead of time and everyone acts surprised when it all comes down. Ron Paul explains … Read more
Specifically, TAC Indices, the premier provider of Air Cargo rates around the world, shows Hong Kong to North America air freight rate in Hong Kong dollars versus per kilogram collapsed -42% from November into early April (a total of 17 weeks of declines). The epicenter of the slowdown is concentrated on routes to and from … Read more
By David Stockman When the Wall Street chart-monkeys get vertigo on steroids—cliff-diving one day and ripping higher the next—they eventually become foaming-at-the-mouth-manic. That’s happening right now. And when the final blow-off mania arrives, that’s exactly when Wall Street bubbles are about to collapse. So it’s time for a plan on how not to become: COLLATERAL DAMAGE. As the markets first … Read more
From Birch Gold Group According to official data provided by the World Gold Council, Central Banks are buying up gold fast. In fact, gold purchases by Central Banks and other institutions increased a whopping 68% year-over-year from Q1 2018. You can see the increase in the chart below: The last time gold was bought at this pace was in 2011, when prices were … Read more
by Jim Quinn Fundamentals!!! Buybacks were illegal before 1982 ….which is most of the 20th century. Buybacks are supposed to be funded with excess cash that the business doesn’t need for innovation or expansion. Business today is not into expansion. They are into financial engineering and short termism. Shareholders should be voting on each and … Read more
by Martin Armstrong It is imperative that we MUST eliminate the income tax. It is a purely a Marxist development that is destroying the world economy. The income tax has become such a tyranny that our liberty, freedom of movement, and world economic growth are all at great risk. Never before in the history of human civilization … Read more
by Martin Armstrong QUESTION: I see all of these people calling for a major crash of 50%+. With interest rates so low and the dividends on the Dow twice that of interest rates, does anyone look at yield anymore? PH ANSWER: I fully agree. The yield on the Dow Jones is 2.34%, which is about comparable the … Read more
Rob Kirby interviewed on Reluctant Preppers With equity markets topping and staggering, the flight to safety appears to be into cryptos, while gold & silver are collared near 5 year lows.. Why? Rob Kirby, proprietary analyst and founder of KirbyAnalytics.com, returns to Reluctant Preppers to give us an earful of his sage perspective on the global elite’s … Read more
by Mac Slavo of SHTFplan Even though the unemployment rate is historically low, delinquencies on automobile loans have spiked to levels not seen since the 2009 Great Recession. People are increasingly failing to make payments on their vehicle loans and a horrifying number of those delinquent on their car are over 90 days past due. Serious auto-loan delinquencies … Read more
“Mass. teacher accused of planting live ammo at school, then calling police.” If the facts don’t fit your narrative, then invent the facts. Remember, it’s “for the children”: “Southbridge police said high school biology teacher Alfred Purcell III, 57, of Woodstock, Connecticut, reported to staff that he had just found one live round of 9 … Read more
Elon Musk told Tesla employees the company will run out of cash in about 10 months unless “hardcore” cost-cutting efforts are made, according to an all-staff email obtained by Reutersand Electrek. The cost-cutting measures are necessary despite the fact that Tesla just raised $2.7 billion earlier this month, Musk said in the email. Musk and Zach Kirkhorn, who … Read more
In a Fox News YouTube exclusive cut, Attorney General William Barr sits down with Bill Hemmer for a wide-ranging interview covering everything from investigating the Russia probe to combatting gang violence, including a special message for his critics. #AmericasNewsroom #FoxNews h/t duFontaine.
The Trump administration has notified more than 500,000 employers that some of their employees’ names do not match their reported Social Security numbers in a new move to crack down on illegal aliens. The move is reminiscent of Ronald Reagan, who in 1986 signed into law the Immigration Reform and Control Act that put the … Read more
by Troy With the S&P down a 2nd week, it’s important to remember that this decline comes on the heels of a very strong 4 month rally. This is to be expected, because no rally can go up forever without making a pullback/correction along the way. The economy’s fundamentals determine the stock market’s medium-long term outlook. … Read more
there are plenty of videos on how we got to where we are, but have you seen a video of what to expect? If so, please post it because I’d love to see it. here’s a seven minute video of how TPTB will control the population. One thing most people don’t realize is that the … Read more
Former Trump campaign adviser George Papadopoulos reveals new details about intelligence agencies spying on him.
🇸🇾 — REPORTS — Targets were attacked in the area of al-Keswa an area that Iranians have a broad foothold in. 5 explosions were heard in Damascus #Syria #Israel pic.twitter.com/pjGvaMVdHn — Belaaz News (@TheBelaaz) May 17, 2019 AC
Former acting ICE Director Thomas Homan discusses whether immigrants should be required to learn English.
by David Haggith In my January Premium Post, “An Interesting Interest Conundrum,” I laid out how the Federal Reserve was losing control over the Fed funds rate — a loss of control over its bedrock interest rate that indicates financial stresses are building in the banking system that increase the risks from runs on the … Read more