We provide unfiltered news and market signals for people who have no time to search.
By Jared Dillian Lot of strong feelings on gold. Some people think it has no utility. Other people have pretty reasoned arguments about how gold maintains purchasing power across the centuries. It was in a bubble eight years ago that sucked a lot of people in. There were some sketchball commercials for gold on Fox News. … Read more
Naw, not Hillary and AOC, but their financial (Hillary) and ideological (AOC) friends, the Russian government and Russian oligarchs. via strategypage: Opinion polls show that most Russians accept corruption as a basic element in Russian culture and unlikely to be eliminated any time soon. Most Russians also complain that the prevalence of corruption hurts the economy … Read more
via ANTIWAR: The US handed over the Camp Kearney base in Paktika Province to the Afghan government in 2014, with an estimated $8 billion in equipment still inside. Today, the estimation is that about $1 billion worth of equipment is left. So what happened between then and now that cost the site about $7 billion? Mass … Read more
UBS CEO Ermotti knows more about his bank than others. Last week he tried to sell all his UBS shares. Compliance prevented it via insideparadeplatz.ch: (See below) , Sergio Ermotti, is a mystery. The chief of the UBS wanted to recently sell a big package with privately-held stock of its Bank. According to an Insider Ermotti was … Read more
EU leaders and the government of the UK are continually delaying the BREXIT, this has been the plan along, keep the country in limbo. Real estate around the world is declining rapidly, prices are falling and this is when interest rates are close to zero. Durable good order decline. The [CB] economy is failing, it … Read more
by QuantalyticsResearch US Stocks Preview Ahead of the Open Global markets are rallying today and US stocks index futures are higher with front-month Dow Jones minis +0.43%, S&P 500 minis +0.52% and Nasdaq 100 minis +0.60% China’s trade delegation arrived in Washington, DC, led by Vice Premier Liu He, to continue trade negotiations; China cited “new progress” after last week’s … Read more
There is no hiding the outrageous open borders and baby killing policies of the now far left Democrat party. Journalist Alex Newman says, “The crazy is now coming out of the closet. That’s why they want the open borders. They know they have lost the American people. They are now coming out of the closet … Read more
the women who wants open borders calls Trump a threat? the women who says openly she wants to destroy the constitution says trump is the threat?? The women who says she wants to flood America with muslims says Trump is a threat?? h/t Jake
Trump is now putting off the new health care plan, congress is not with him and he needs to drain the swamp first. Biden is having trouble accusers are coming forward, but this is not his only problem. FBI refuses to hand over the emails from CNN when they conducted the raid on Roger Stone. … Read more
by Egon von Greyerz One of the Fed’s three main objectives is to maintain stable prices. But they have never achieved that at least not since 1971. Again, the Fed did a volte face because they have a total inability to read the economy. The clueless Fed overslept and realised a few years too late … Read more
by Michael Snyder I know that the headline sounds outrageous, but it is actually true. According to a brand new report that was just released, Americans had to borrow 88 billion dollars to cover their medical bills last year. That is a truly astounding number, and it shows just how dramatically our current health care … Read more
by Michael Snyder Earlier today, my attention was directed to a thread on an Internet discussion forum that lamented how much America had changed over the years. I don’t know exactly why, but the posts on that thread really touched me. Those of us that are old enough to remember what America was like before … Read more
BY JOHN RUBINO Looking strictly at the numbers it’s hard to work up much interest in whether Republicans or Democrats are in charge after 2020. Either way, trillion-dollar deficits and extremely easy money are guaranteed, which means the US – along with most of the rest of the world – will fall off a financial cliff … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Ford wisely kept its mouth shut. The problem with Mercedes and BMW is that they don’t yet sell luxury pickups, though they’re finally figuring it out. The first quarter was not pretty for new-vehicle sales in the US. Deliveries fell 3.2% from Q1 last year, to 3.99 million vehicles. Unless a … Read more
by Charles Hugh-Smith What cannot be replaced by corporate chains is neighborhood character and variety. There is much more to this article than first meets the eye: In a Tokyo neighborhood’s last sushi restaurant, a sense of loss “Eiraku is the last surviving sushi bar in this cluttered neighborhood of steep cobblestoned hills and cherry trees … Read more
https://www.youtube.com/watch?v=DfjJOVj3eg4 If these bankers start another war, no one is going to pay them one cent back this time. The central banking system needs to go. JP
People require loans for all kinds of reasons, sometimes they will be looking to buy a car or a house, in which case they will be looking for loan which can be paid back over an extended period of time. They may be looking for a large amount of money for other personal reasons too … Read more
via CNBC: Policy experts, economists, business people and teachers are debating the extent to which personal finance education can turn around the fact that so many Americans are one emergency away from financial disaster. At the same time, the ways in which people think about how we can become financially better off are increasing and … Read more
SACRAMENTO (CBS13) – Starting Monday, sales tax in 51 California cities – including four in the Sacramento area – is increasing. Sacramento, West Sacramento, Roseville and Lodi will see new rates. Taxes in Roseville, Lodi and Sacramento are each going up a half-percent, while West Sacramento is going from 8 percent to 8.25 percent.
via MarketWatch: Conference Board says manufacturing, food service, transportation, agriculture and construction could see their bottom lines hurt the most Surging labor costs and slower revenue growth likely will lead to a drop this year in corporate profits in the U.S. and other developed economies, according to a report out Monday from The Conference Board. … Read more