According to renowned gold investor Jim Sinclair, the global debt reset that has been long predicted has begun. Lots of debt that will never be repaid will be written down around the world. Sinclair says gold and silver will be the last men standing when the dust settles. The BIS, World Bank and the IMF … Read more
by Daisy Luther In general, when the government shuts down, I post a few funny memes about how it’s the most boring apocalypse ever and my life goes on exactly as it has before. I’m not personally very affected by it and I think the government is far too large anyway. But, with the MSM literally … Read more
He is going to give Schumer a few more days but that is it. Sean Hannity also asked him about 9th circuit stopping it. Updated . He was adamant about it, wall is coming will declare a national emergence, quote “they should do it Immediately, gonna give schumer a few more days” … Read more
by Jon Hall, Free Market Shooter Matteo Salvini, Italian deputy prime minister, met with the Polish government earlier this week in a bid to form a “European Spring” to turn the tides against the “French-German axis” in a struggle for the fate of Europe. According to La Repubblica, Salvini claimed he “would like there to be a … Read more
by Jim Rickards via Daily Reckoning Fed Chair Jay Powell just sent the most powerful signal from the Fed since March 2015. He has pretty much taken a March 2019 rate hike off the table until further notice. At a forum hosted by the American Economic Association in Atlanta last Friday, Powell used the word “patient” to describe … Read more
“Scientists warn Earth’s magnetic North Pole has begun moving ‘erratically’ at speeds so fast they are having to issue an emergency update to maps used by electronic navigation systems” Earth’s magnetic fields are shifting – and scientists are unsure why. Researchers say the magnetic North Pole is ‘skittering’ away from Canada, towards Siberia. The problem … Read more
Crowdfunding wars: As police page reaches €1 million, gilets jaunes set up new campaign A crowdfunding campaign started for police in the wake of gilets jaunes (yellow vests) protests has reached €1 million. The crowdfunding page came in reaction to a campaign set up for a former French professional boxer who handed himself in to … Read more
by Kimble Charting Is 2018-2019 going to be a repeat of the 2007-2008 crisis for the home builders? One indicator/index to watch is the Dow Jones Home Construction Index. This index experienced a bearish divergence just before the 2007 stock market highs. Once it kissed the underside of dual resistance and turned lower, the financial crisis was … Read more
https://www.youtube.com/watch?v=X7igacnvCZM THE VIDEO THEY DON’T WANT YOU TO SEE!!!! As of Wed. Jan. 2nd, 2019, it was reported that China “successfully” launched their robotic spacecraft, Chang’e-4, on the far side of the moon. This is said to be the “first ever such attempt and landing.” This is also seen as a “major milestone in space … Read more
https://www.youtube.com/watch?v=elXvgSpHvMA Seattle news tv stations altered the video of the president while he was speaking it’s called deep fake technology that’s why when you watched it he looked strange it’s because they manipulated it in real time. PB
Josh Sigurdson talks with author and economic analyst John Sneisen about the very real potential of a continued massive crash of the housing market in the immediate future. James Stack, a money manager from Montana who correctly predicted the 2008 crash as well as the 2018 “slowdown” is saying that the worst is yet to … Read more
by Martin Armstrong QUESTION: Dear Martin, you are very right that govs intend to terminate high denomination euros. In Germany it has been impossible to pay cash with a €500 note for quite some time now – at least at most of the shops I usually go to on a weekly basis. At the end of … Read more
by Martin Armstrong COMMENT: Hi, Hunt for taxes is running full scale in Scandinavia. In Sweden, all vehicles including foreign registered vehicles, are obliged to pay congestion taxes in Stockholm and Gothenburg as well as infrastructure charges in Motala and Sundsvall. Sometimes, the automatic camera system reads the license plate falsely and few people in … Read more
The Federal Reserve is the most secretive public organization in the United States. The power that they wield is unknown to the public. It claims to be a central bank acting in favor of the American public but this couldn’t be further from the truth. Markets have been aggressively buying the dip here in early … Read more
Katelyn Carelle for the Washington Examiner reports, A Vermont newspaper on Monday begged Sen. Bernie Sanders, I-Vt., not to run for president in 2020. https://www.youtube.com/watch?v=x7hvnKwaOro Read More/Source/Credit/FairUse: https://www.washingtonexaminer.com/ne… A Vermont newspaper on Monday begged Sen. Bernie Sanders, I-Vt., not to run for president in 2020. “Bernie Sanders should not run for president. In fact, we beg … Read more
by eyeball1234 The inspiration from this viz came after seeing a video on Youtube about saving for retirement (don’t remember the name). The narrator, a guy who was probably in his late 50’s or 60’s, was talking about how exciting it was that “young people” could diversify their retirement portfolios by invest in other countries’ economies … Read more
by ButterflyCatastrophe I’ve seen a lot of comments about people not understanding marginal tax rates, so I made a graph comparing the marginal tax bracket with the effective tax rate as a function of income. These graphs start at 0, because income up to the standard deduction is not taxed – i.e. the axis is AGI, … Read more
by kiwimancy (or less) Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors – Klakow Akepanidtaworn, Rick Di Mascio, Alex Imas and Lawrence Schmidt We document a striking pattern: while the investors display clear skill in buying, their selling decisions underperform substantially. Positions added to the portfolio outperform both the benchmark and a … Read more
https://www.bloomberg.com/news/articles/2019-01-10/ford-to-cut-thousands-of-jobs-in-europe-eyes-plant-closures Ford Motor Co. said it will cut thousands of jobs, weed out slow-selling variants and potentially close entire factories in Europe, as the carmakers’s global cost-cutting drive targets a region that has been a drag on earnings for years. The overhaul marks another sign of pressure on traditional automakers as they grapple with fundamental … Read more
China’s domestic demand is ‘particularly weak,’ economist says from CNBC. via CNBC: China’s economic growth is likely currently below the 6 percent level amid faltering domestic demand, says Taimur Baig, chief economist at DBS Group Research. Despite negotiations between China and the U.S. underway in Beijing, Baig says it’s unlikely the trade war will end … Read more