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From Birch Gold Group This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Safe-haven assets will seize the spotlight, gold prices will keep rising this year, and U.S. Mint seeks redesign for its American Eagle coins. Tariffs or Not, Safe-Haven Assets Will Seize the Spotlight Gold rose … Read more
BY ROBERT ROSS We got some bad news about Social Security last week. A new report says the program will cost more than it takes in by 2020. By 2035, its back-up trust fund will also run dry. This makes sense: America is greying. We’re having fewer children, living longer, and wages are growing at … Read more
by Paul Craig Roberts via PaulCraigRoberts.org Trump Is Being Set-up for War with Iran Paul Craig Roberts Trump destroyed his chance at being a successful president by the stupid appointments he has made. At the moment he is being set up by his national security advisor John Bolton and Israel for a war with Iran. Using the same format … Read more
via Zerohedge: “neither institutional nor retail investors are currently underinvested in equities. In fact we find that the opposite appears to be true…” — JPMorgan’s Nikolaos Panigirtzoglou For much of 2019, when stock buybacks drove the bulk of market levitation, the recurring bullish refrain was that investors not only did not participate in the market … Read more
Judicial Watch President Tom Fitton discusses in detail about how the FBI not only spied on the Donald Trump campaign, but also spied on the White House after he took office!
Do you think that there will be a trade deal in the near future? The Dow Jones dropped significantly as trade tensions escalate. Nervous traders were shocked as they had already priced in perfection. The trade deal was guaranteed to go through. It was only a matter of meeting up and signing the documents. Then … Read more
https://www.youtube.com/watch?v=c-DZjPmP-1M
This is why the US should assert tech hegemony: http://archive.is/xd3Cs
by Kimble Charting The 4-month stock market rally to start 2019 brought the Dow Jones Industrial Average within 1 percent of its all-time highs made in 2018. This strong move higher has bulls excited about a new bullish wave higher that will lead to new all-time highs. But that cannot occur until the Dow Industrials decisively break out … Read more
For More Information See and Links See: https://www.infowars.com/new-zealand-… https://www.thedailybeast.com/faceboo… https://www.bbc.com/news/technology-4… https://www.spiked-online.com/2019/05… https://www.infowars.com/watch-live-v… https://techgiants.news/2019-05-08-bi… https://techgiants.news/2019-05-08-tw… http://bit.ly/2VneA5o https://techgiants.news/2019-05-06-fa…
BY JOHN RUBINO It’s a measure of modern financial markets’ absurdity that bets on bets on bets have come to seem normal. Maybe acronyms like CLO and CDO make them sound scientific. Or maybe it’s the sense that if Wall Street’s “rocket scientists” create something it must be highly advanced and therefore beneficial for society. … Read more
Authored by James Howard Kunstler via Kunstler.com, The be-Muellered, bothered, and bewildered American public may find US-China trade talks about as interesting as a rain delay in an Orioles-Chisox game, but the Friday collapse of negotiations may be marked by historians as the day that the global economy died. The Big Box blue-light-special orgy of bargain shopping … Read more
by Theresa Crouse Though there are many different methods of preparing meat for long-term storage, without a doubt, canning it is the easiest way to store large quantities of it in a manner that gives you an almost eternal shelf life. It used to be considered safe to simply can your meat in boiling water baths … Read more
via realmoney: As Friday progressed, Steve Mnuchin’s “constructive” assessment of the talks was yet another attempt to fool the algos one more time to chase the market into the close as futures closed up on the day with hope that a deal would still be reached. Wishful thinking. One can forgive the algos (“machines”) for being … Read more
via gizmodo: In terms of percentage losses, Uber’s dip doesn’t even scratch the surface of the worst IPOs. But the staggering valuation of the company makes it, in raw scale, “among the top 10 IPOs ever” including companies outside the U.S., Ritter told Gizmodo in a phone interview. That single digit decline resulted in an estimated … Read more
by Ron Paul Last week the New York Times published some of President Trump’s 1980s and 1990s tax returns information. The information detailed President Trump’s financial difficulties during that time. While you would not know it from reading some media reports, this is old news. In fact, President Trump openly discussed his financial difficulties on his … Read more
Watch the latest video at foxnews.com China has a partner it relies on in its negotiations with the Trump administration: Democrats in the House and Senate. China watches very carefully what is happening on the political front and in our media. China’s behavior and negotiating tactics are calculated based in part on what is happening … Read more
By Tsvetana Paraskova A bill at the Illinois legislature proposes to raise the annual registration fee for electric vehicles (EV) from US$17.50 to US$1,000 and to more than double the gas tax from 19 cents to 44 cents per gallon, under a plan to fund infrastructure advanced by Democrat State Senator Martin Sandoval. According to … Read more
This time, it refers to the belief being expressed all over the place this morning that nothing is as bad as it sounds because we’ll always have climb downs and central banks. It’s a horribly dangerous way of assuming how the world works in the long-run. https://www.zerohedge.com/news/2019-05-13/trader-reminds-me-how-stocks-traded-late-2007
Fox Business, Released on 5/13/19 Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider’s Take … Read more