Michael Oliver: “Once gold breaks $1,300, $1,750 will happen quickly. And I like gold mining stocks better than gold” …

by John Rubino Michael Oliver: “Once gold breaks $1,300, $1,750 will happen quickly. And I like gold mining stocks better than gold” … Lynette Zang: “Doom loops” you need to understand … McAlvany: “Be the dip… I mean buy the dip” … Peter Schiff: “Blind Fed leading blind investors over a financial cliff …

Apparently 91.6% of political donations went to Democrats during 2016 from the American Federation of Government Employees Union.

via fedsmith: Relatively few federal employees make donations to political campaigns. In FedSmith surveys, a majority of those responding normally indicate that they are independent rather than aligned with any political party. How have federal employee unions and federal employees that do donate to political campaigns spent their money? All of the financial information below is provided … Read more

Trump Admin Moves Toward Shutting Down Food Stamp Loopholes

Bethany Blankley for the Western Journal reports, The Trump Administration plans to implement a rule change to close loopholes that states have been using to exempt large portions of healthy, younger food stamp recipients from work requirements. https://www.youtube.com/watch?v=WlDOC2nfSSQ Read More/Source/Credit/FairUse: https://www.westernjournal.com/trump-… The Trump Administration plans to implement a rule change to close loopholes that states … Read more

Stefan Molyneux: “If illegal aliens from Mexico voted for the republicans, you’d already have the wall along the southern border that would be visible from space.” Poignant.

https://youtu.be/r1Nmsc7BQAk Trump gave an impassioned speech about the need for America to build a wall along its southern border. What are the facts behind the rhetoric? Stefan Molyneux, Host of Freedomain, takes you on a fascinating journey to the real data behind the current government shutdown.   AC  

It took $19 trillion in public funds to “save the financial system”. That came out of your pocket. But here’s who doled out the money, and exactly where it went.

via newsweek: Where the Money came From Federal Reserve $8.2 trillion; included bank loans and asset guarantees. Treasury Dept. $6.8 trillion; included TARP funds, stimulus spending, and tax benefits. Other $654 billion; included $134 billion from FHA to guarantee residential mortgages. Joint Treasury, Fed set aside $1.3 trillion to buy bad bank assets and help Citigroup. … Read more

SNOWFALLS ARE NOW JUST A THING OF THE PAST: Heavy snowfall causes chaos across Europe as two snowboarders die in avalanche.

via telegraph.co.uk: Heavy snowfall this week across Europe has closed down schools, left some remote villages cut off and disrupted traffic and power supplies in many areas in the region. Authorities in Bulgaria said two snowboarders died in an avalanche on Friday. The Bulgarian Red Cross said in a statement that their bodies were found at noon on … Read more

The $20 million Build the Wall GoFundMe campaign is getting REFUNDED.

via CBSNEWS: A GoFundMe campaign to subsidize what it called “the Trump Wall” will refund all money to donors because it did not meet its $1 billion goal, said Bobby Whithorne, director of North America Communications for GoFundMe. Donors will receive their money on April 11, unless they choose to donate their contribution to the campaign creator’s … Read more

Oops, SpaceX to Lay Off 10% of its Employees after Funding Fiasco in November

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter What SpaceX is trying to do has “bankrupted other organizations,” it said. SpaceX, the unicorn startup with a newly minted $30.5 billion “valuation” and dreams of sending humans to Mars shortly, will lay off about 10% of its employees, “a person familiar with the matter” told the Los Angeles Times on Friday. The … Read more

IT’S LIKE SHE’S TRYING TO SPREAD THE BELIEF THAT THE POLITICAL CLASS DOESN’T CARE WHAT HAPPENS TO ORDINARY AMERICANS:

via Twitter: On Chris Cuomo’s CNN program this week, professional Trump shade-thrower Ana Navarro got into a heated debate with Trump supporter Steve Cortes over immigration.  Much of the discussion was a shouty mess, and the seriousness of the exchange was made clear early on when Navarro pulled out her nail file to help illustrate … Read more

The Market Is Still In A Downtrend

by Jesse Colombo Throughout the market sell-off of the past few months, I’ve been showing key technical levels to help determine if further downside was likely or if the rout was truly over. In late-December, the S&P 500 broke below an important support zone from approximately 2,550 to 2,650 (which formed at the early-2018 lows), … Read more