Photo by Bank of England | CC BY | Photoshopped from original From Birch Gold Group The pension crisis has been escalating for quite some time, and accounting for pension shortfalls seems next to impossible for state governments. The shortfall between pension assets and liabilities is a major problem. But another problem may be spelling the beginning of the end … Read more
via thefreethoughtproject: A new survey published this month in the Journal of Psychoactive Drugs helps explain why Big Pharma is so afraid of cannabis. The pharmaceutical and alcohol industries, both powerful influences in Washington, have long lobbied against cannabis legalization in order to protect their profits. However, the tide has turned as decriminalization of medical and recreational … Read more
via Jeff Thomas We’re all familiar with the term, “quantitative easing.” It’s described as meaning, “A monetary policy in which a central bank purchases government securities or other securities from the market in order to lower interest rates and increase the money supply.” Well, that sounds reasonable… even beneficial. But, unfortunately, that’s not really the whole … Read more
by jessefelder “For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.” -Warren Buffett “My greatest discovery was that a man must study general conditions, to size them so as to be able to anticipate probabilities.” -Jesse Livermore It’s popular … Read more
NEW YORK (Reuters) – Sears Holdings Corp Chairman Eddie Lampert prevailed in a bankruptcy auction for the U.S. department store chain with an improved takeover bid of roughly $5.2 billion, allowing the 126-year-old retailer to keep its doors open, people familiar with the matter said Wednesday. Lampert’s bid, boosted from an earlier $5 billion offer, … Read more
via @OccupyWisdom : THE WEALTH DEFECT Household net worth now 700% or 7X the amount of disposable income of the household. This is the direct effect of “asset” price inflation. Each bubble has progressively grown larger as incomes have stayed static. People feel wealthy, but it’s only a feeling
via MarketWatch: PG&E’s bankruptcy would result in a default of $17 billion of its bonds If Pacific Gas & Electric Co. follows through with its bankruptcy announcement, the country’s largest utility would record the third largest default in the U.S. investment-grade corporate bond market since 1998. PG&E announced it would file for bankruptcy by … Read more
via Zerohedge: It is natural that we measure things by a familiar yardstick – the problem is that being so-biased or lazy, we can be deceived. Take gold. Popular belief has it that gold prices have not performed especially well despite some egregious geopolitical and economic factors. Well measured in 72 currencies, gold is at … Read more
It's easy to swim with the tide. The current will turn against the bulls soon enough. pic.twitter.com/WTf4V9S4ff — Chris Carolan $=1/∞ (@spiralcal) January 15, 2019 https://twitter.com/OccupyWisdom/status/1085526961152237568 For the bears: Longer-term dynamics are still very bearish. Declining momentum, break of major long-term uptrends, and major monthly sell signals. $SPY $TLT https://t.co/FScvISZoO4 pic.twitter.com/aOyDI0aYa4 — Lance Roberts (@LanceRoberts) … Read more
Global non-financial corporate debt hit a record high of 92% in Q3 2018. pic.twitter.com/fDyv5HQ5D9 — IIF (@IIF) January 15, 2019 Flashing Red Indicator Warns of Rising Risk of Financial Crisis The demand for debt issued by the U.S. federal government has been plunging despite rising yields, and this is a worrisome sign to some observers. … Read more
Jim Hoft for the Gateway Pundit reports, 36-year-old paramedic Paul Besaw was killed alongside his paramedic colleague, 51-year-old Lahiri Garcia, when they were struck and killed by a drunk illegal immigrant in February 2017. Palm Beach County records show the driver Genaro Delacruz Alqui was cited several times for traffic violations over the years. https://www.youtube.com/watch?v=W4iq7p94iBk … Read more
What does the fact that China just injected a RECORD amount of money into their markets tell you about the state of their economy and financial system right now? The stock market is weak. Yes, I said it. $15 trillion printed since the financial crisis and record low interest rates for a decade and … Read more
by StockCassandra 2 days ago, services went to hell. https://www.victoriaadvocate.com/news/business/dallas-fed-texas-service-sector-activity-decelerates-retail-sales-growth/article_bb543482-0fcb-11e9-98fd-074a0502514b.html Texas service sector activity grew at a slower pace in December, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, fell more than 11 points to 10.1 in December. Positive readings … Read more
CCN reports, Goldman Sachs has predicted that the price of gold will rise this year driven by fears of slowing economic growth, according to CNBC. In the next three months, the investment bank has forecast that the price of gold to hit $1,325 per troy ounce from $1,250. https://www.youtube.com/watch?v=esLXfUVmVCo Read More/Source/Credit/FairUse: https://noblegoldinvestments.com/gold…
by John W. Whitehead “Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.”— William Pitt How far would you really go to secure the nation’s borders against illegal aliens? Would you give the government limitless amounts of money to fight yet another endless … Read more
by DontLetHATEUniteYou Like we said, it is crazy that government is spying and recording everything, we are now saying that it would be crazy to have a score determining a person’s standing in society. We already have a scoring system in form of a credit score, but now there is a bigger dimension of data … Read more
This from Zimbabwe pic.twitter.com/OymNpiiqwl — goodie2shoes (@Geraldi36333459) January 16, 2019 There is a total internet shutdown in Zimbabwe. VPNs are not working. All websites are down.. https://twitter.com/DougColtart total Internet shutdown in Zimbabwe, tyranny in action, army, police doing door to door roundups @AJEnglish @BBCWorld @BBGAfrica @BBCAfrica @CNN @SABCNewsOnline total Internet shutdown in Zimbabwe, tyranny in … Read more
Alex Cifuentes, who says he was a close associate of Guzmán for years, told a New York City courtroom that he had told authorities of the bribe in 2016. According to reporters in the Brooklyn courthouse, Mr Peña Nieto had requested $250m before settling on $100m. Cifuentes claimed the delivery was made to Mexico City … Read more
by Martin Armstrong Parts of Canada could become the coldest spot on the planet with a winter storm coming with crazy frigid temperatures with wind chill factors in the -40oC level for some. This going to be really dangerous. Quite frankly, the human body was NOT designed to handle conditions like that. This is really very dangerous … Read more
by Martin Armstrong The latest game in Germany is now Merkel, who offered cash to refugees to return last November, has stepped up her game and offered to pay their living expenses for one year if they return home. Billboards are appearing all over Germany making this latest offer. Believe it or not, more than … Read more