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by Egon von Greyerz How can a small clique of gold owners holding less than 0.5% of world financial assets be right? They are clearly a minuscule minority of obstinate goldbugs and contrarians who are living in the past. Or do these people see something that the majority of investors don’t? More than 99.5% of … Read more
by Martin Armstrong Most people have never heard of a volcano in Germany. Well, the caldera of Laacher See was formed after the Laacher volcano that erupted between 12,900 and 11,200 years ago. Everything collapsed into the empty magma chamber below only two or three days after the eruption, forming what is now a lake. … Read more
VIDEO: Southbridge Police say this surveillance video from inside the high school shows a teacher dropping a bullet in a rear stairwell. He returns minutes later and calls it in, causing a school lockdown this morning. @WCVB pic.twitter.com/16zCPG4S78 — Jennifer Eagan (@Jennifer_Eagan) May 16, 2019 h/t KOS
You have to work hard to get your dream job. But your dream job title might just be a pay cut away. According to one hiring expert, more and more job applicants initiate conversations about lowering their starting salaries in favor of getting the job title they want, with no change to their job description … Read more
All people that are illegally coming into the United States now will be removed from our Country at a later date as we build up our removal forces and as the laws are changed. Please do not make yourselves too comfortable, you will be leaving soon! — Donald J. Trump (@realDonaldTrump) May 17, 2019
TradersChoice.net, Released on 5/16/19 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate … Read more
via silverdoctors https://media.blubrry.com/silverdoctors/s/content.blubrry.com/silverdoctors/Tariffs_Might_Cost_US_Citizens_An_Extra_500_A_Year_Audio.mp3 Podcast: Play in new window | Download Subscribe: Apple Podcasts | Android | Email | Stitcher | RSS President Donald Trump, having championed one of the larger tax cuts in recent years, has now enacted tariffs equivalent to one of the largest tax increases in decades. As a result the tariff increase might cost the median U.S. household with earnings of $61,000 about $500 … Read more
by Lynette Zang from ITM Trading Uber’s IPO created the greatest buzz prior to coming out on May 10, 2019, with a “justified” market value of $120+ billion as recently as December 2018. Uber’s market value at launch was $82.4 billion and (as of this writing) has fallen ever since. The big question is, are investors beginning to … Read more
By Tsvetana Paraskova OPEC’s key ally in all production cut agreements since 2017—Russia—appears to have somewhat reluctantly agreed to cut output in each of the OPEC/non-OPEC pacts over the past two years. Now that the next OPEC and allies’ meeting at the end of June is set to discuss a potential production increase to offset … Read more
Watch the latest video at foxnews.com Rep. Alexandria Ocasio-Cortez blamed Twitter’s character limitations — and the reading skills of her critics — after getting called out for spreading misinformation about the newly signed abortion ban in Alabama. The New York Democrat used the social media platform to criticize the law, which was signed by the … Read more
SACRAMENTO, Calif. (AP) – The Trump administration cancelled nearly $1 billion in federal money for California’s high-speed rail project Thursday, further throwing into question the future of the ambitious plan to connect Los Angeles and San Francisco. The Federal Railroad Administration’s announcement it would not give California the money came several months after sniping between … Read more
Remember the text messages between Strzok and Page on March 14th, 2016, where they are discussing “their guy now talking”? That was the same day I met Mifsud in Rome. Conspiracy is a hell of a charge. It’s coming down on a lot of these freaks. — George Papadopoulos (@GeorgePapa19) May 16, 2019 The Italian … Read more
Financial Survival Network, Released on 5/16/19 It’s no secret that the average worker’s income has remained stagnant for decades. This has happened in the face of rising productivity and technological innovation and increased corporate profits. So what’s a politician to do? Impose tariffs and blame the Chinese. At least that’s what Danielle is thinking. At … Read more
by Simon Black The banking scandals are all starting to blur together. When I heard that five big banks were fined by regulators today, I had to think… Was that the scandal over employees creating fake accounts? No. Was it the scandal over recommending investments “highly likely to lose value”? No, not that one either. Today’s fine didn’t … Read more
by Shaun Richards The credit crunch has in many ways been a story of the banks and a major banking crisis. All these years later after a proliferation of promises about reform we find that we have not truly shaken the issues off. One of the worst cases of this is Italy that has a … Read more
by Shaun Richards Today I intend to look at a subject which gets bandied about a fair bit but is not always well explained. Along the way we find that some of our regular themes and subjects are in play here. Whilst the concept of risk off may look simple we have learnt in the … Read more
by Jesse I wanted to call your attention to this story about brazen manipulation in the forex exchange markets by the Banks for three reasons: 1. The markets are too large to be manipulated. When accusations of market manipulation are made, spokesmodels and apologists will dismiss them by saying ‘the market is too big to be manipulated’ … Read more
by Frank Holmes, CEO, U.S. Global Investors As the U.S.-China trade spat drags on, so too could the stock market volatility that has accompanied it so far this month. The S&P 500 and Dow Jones Industrial Average both fell 2.4 percent on May 13 – their worst days since January. The longer trade negotiations remain … Read more
By Rodney Johnson The week before we married (and long before we had our first baby), almost 30 years ago, my new boss turned to me and said, “Son, you’re never richer than the day before you get married.” Hmm. For the next three years, I was reminded daily of his words. Decisions that I made … 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 … Read more