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What is investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts looking to put money in? She has long been lukewarm on gold, but not any longer. Fitts now says, “The world is choking on debt. . . . It’s not just peak oil, it’s peak everything. So, it is one of the … Read more
Watch the latest video at foxnews.com U.S. Rep. Rashida Tlaib, D-Mich., is facing questions after campaign records revealed she paid herself $17,500 as a salary after the midterm elections, in what appeared to be a violation of campaign finance rules, a report said. Tlaib, a firebrand freshman Democrat from Detroit, has been facing scrutiny over her … Read more
The U.S. Department of Justice (DOJ) reportedly instructed the FBI to ignore “gross negligence” as a reason for charging former Secretary of State Hillary Clinton for her use of a private email server to conduct classified government business. The direction might have enabled the DOJ to ensure a favorable outcome for the FBI’s investigation into Clinton’s … Read more
by Tom Chatham via Project Chesapeake Blog We have often heard the predictions that the currency system will be reset at some point when the bankers can no longer keep the current ponzi scheme going. The current scheme involves the ability of the bankers to convince the population that pieces of paper rolling off a machine … Read more
I’m not kidding… “Not me. Us.” Vermont Democratic socialist Senator Bernie Sanders has decided this ode to collectivism will be his slogan for the 2020 presidential campaign. Surely, many will argue this phrase simply means that he will be representing all of “us” Americans and his presidency would not be about him, but … Read more
by Martin Armstrong I am writing from Frankfurt here for meetings ahead of the chaos awaiting the May elections. In Frankfurt, while the economy is clearly slowing, the financial capital is booming. New skyscrapers are rising to join those of Commerzbank, Deutsche Bank, DZ Bank, Helaba and others on Frankfurt’s skyline. This is another sign that there … Read more
by Martin Armstrong COMMENT: Marty, You have to help us out here. California tried to tax text messages. The feds stopped that. Now, LA county wants to tax Uber and lyft. They’re already taxing us, I think, for mosquito control. The mosquito control only hands out info too. It does no real work. This is crazy. Everywhere … Read more
by Martin Armstrong We have a very interesting crisis building in addition to the political chaos we see coming in 2020. By the time we reach 2021, we will have over $2 trillion in investment grade corporate debt maturing. This is going to present some very interesting problems. Up to now, we have advised our … Read more
by Troy The S&P 500 is still hovering at its 2800 resistance. Meanwhile, the NASDAQ is up 10 weeks in a row while the S&P is up 9 of the past 10 weeks. The bears are looking to short here, but they do not have momentum on their side. The economy’s fundamentals determine the stock market’s … Read more
Via The Babylon Bee WASHINGTON, D.C.—Addressing the nation, Representative Alexandria Ocasio-Cortez warned her fellow Americans that she has an extensive list of failed socialist policies she’ll implement one at a time. She waved the list around menacingly, frightening the nation in a video posted to her various social media accounts. The list reportedly contained hundreds … Read more
by Lance Roberts Bull Run Reaches Exhaustion Sector & Market Analysis 401k Plan Manager On Tuesday, we discussed a very important point with respect to the bull run so far. “Despite the underlying economic and fundamental data, the markets have surged back to extremely overbought, extended, and deviated levels. The chart table below is published weekly … Read more
by William Stickevers Bitcoin Forecast 2019 PDF Now Available The Bitcoin Forecast 2019 is comprised of a Blackbox graph and AstroSignature for Bitcoin. The Blackbox is like a Dow Jones Industrial Average using a horoscope of a person, event, or asset. The Blackbox Forecasting Module works with any of the six bell curve formats to … Read more
by TFittonJW High energy Judicial Watch Update: And defending the rule of law at CPAC:
But (well-connected?) investors started smelling a rat 10 months before the first disclosure. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Shares of the UK’s fastest growing high street lender, Metro Bank, are in free fall. They tumbled 16% on Tuesday, 25% on Wednesday and 6.86% on Thursday, to come to rest at a … Read more
via theintercept: REP. ALEXANDRIA OCASIO-CORTEZ is prepared for the possibility that Democrats in New York could redraw her district after the 2020 election, she told The Intercept in an interview. Following the 2020 census, every state will draw new district boundaries to reflect changes in the population, the political implications of which will stretch for at least … Read more
RT, Released on 3/1/19 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff 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
by Jim Grant Last Monday, the Federal Reserve embarked on a yearlong listening tour to discover the concerns of the American people. The whole shebang of modern monetary methods—manipulated interest rates, levitated asset values, the supposed necessity of a 2% inflation rate—is on the table for constructive criticism. But you know how it is with constructive … Read more
via northmantrader: Is Boeing the most dangerous stock out there? Is it a major threat to the current market rally, specifically the $DJIA? No I’m not talking about Boeing’s fundamentals. The company looks to be doing great. I’m talking about the charts and the technicals. The charts of a major industrial company and $DJIA component increasingly … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter How its own online sales, now one-third of its total sales, eat its brick & mortar. But it’s a matter of survival. The largest brick-and-mortar retailers in the US don’t disclose what portion of their revenues derive from e-commerce and from their brick-and-mortar stores. They don’t because it would show just … Read more