Wilshire 5000 Market Cap to GDP is still well above the madness of the 2000 super bubble peak. Con artists want you focused on short-term catalysts and not on the bigger (more important) picture. pic.twitter.com/CuSf6tsGnb — Minsky Moment (@BP_Rising) January 12, 2023
ESG is here, and now, it could fundamentally transform the entire Western World OVERNIGHT. New ESG reporting rules from the European Union (EU) will affect nearly every major American corporation — meaning YOUR life likely will fundamentally change as well. In this clip, Glenn is joined by The Heartland Institute’s Justin Haskins to discuss these … Read more
A stunning, long-overlooked Nixon Watergate-era tape shows Richard Nixon warning CIA Director Richard Helms that he knows of CIA involvement in the murder of John F. Kennedy- “I know who shot John.” This shocking new tape depicts Nixon increasingly besieged by Watergate but unaware that at least four of the Watergate burglars were still on … Read more
by confoundedinterest17 As The Federal Reserves attempts to combat inflation, the withdrawal of monetary stimulus is creating problems in the housing market. For one, as mortgage rates have risen, newly listed homes declined -21% YoY in December. And yes, the 2022 vintage is the worst in 6 years as The Fed counterattacks inflation. And mortgage rates … Read more
Current situation: 1. $VIX trading lower despite 50+ point $SPX reversal 2. Stocks down like a recession is coming 3. Oil prices up like the recession was canceled 4. Gold up like inflation hasn’t peaked 5. Bonds up like inflation peaked This market can’t make up its mind. — The Kobeissi Letter (@KobeissiLetter) January 12, … Read more
US Big Three Auto Companies Commit to Making Cars That People Don’t Want. Both my mother and father made a solemn vow that as long as they lived, they would never buy a German or a Japanese car. No matter how well they were made. They were the enemies. They were the ones who killed … Read more
Egg supply shortage in Europe and America pic.twitter.com/77gJ9sG98v — Russian Market (@runews) January 12, 2023 Inflation price changes in the last year, per CPI report: Fuel oil: +41%Gas utilities: +19.3%Transportation: +14.6%Electricity: +14.3%Food at home: +11.8%Food away from home: +8.3%Shelter: +7.5%CPI: +6.5%New cars: +5.9%Gas: -1.5%Used cars: -8.8% — unusual_whales (@unusual_whales) January 12, 2023 h/t BoatSurfer600
If I tell you that house, car, tv, dishwasher or vacation is going to be 5% cheaper next month, 15% cheaper in 2 months and 25% in 3 months, how likely are you to buy today? — Financelot (@FinanceLancelot) January 12, 2023 US Inflation Cools Again, Putting Fed on Track to Downshift Looks like … Read more
The University of Pennsylvania, the Ivy League institution which collected tens of millions of dollars from China while paying Joe Biden and hosting his foreign policy think tank, successfully pressured the Biden Justice Department to end an FBI counterespionage program targeting Beijing’s increasing influence within U.S. academia. Attorney General Merrick Garland shut down the FBI’s … Read more
OMG🥴🤡They live among us pic.twitter.com/GtvwbMu3ZB — 🌟Texas Free Thinker🌟 (@GenX_Thomas) January 11, 2023 Dan
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A New York professor says that Generation Z is too brittle and jeopardizes America’s future, especially if a war happens because they will be useless in combat. Backing up that statement is, “Pentagon and Army Major Jon-Marc Thibodeau believe that Generation Z’s skeletons are weaker for various reasons. The dubbed “Nintendo Generation” has listed that … Read more
Canada’s air traffic system suffered a similar outage to the one that occurred in the US for a brief period on Wednesday. US air travel was badly disrupted by the failure of the Federal Aviation Administration’s Notice to Air Missions system (NOTAM) overnight on Tuesday, forcing a full ground stop of domestic aviation on Wednesday … Read more
via kitco: DoubleLine Capital CEO Jeffrey Gundlach turned bullish on gold after it crossed the $1,800 an ounce level and believes it is a good time to purchase and hold the precious metal. Gold did well in non-dollar terms last year, but recently gold started to perform in U.S. dollar terms as well, Gundlach said during … Read more
Watch the latest video at foxnews.com via foxnews: President Biden had another batch of classified documents housed in the garage of one of his Delaware homes, White House lawyers announced Thursday. The White House Counsel’s Office searched Biden’s two residences in Rehoboth Beach and Wilmington, Delaware this week after revelations about a collection of Obama-era classified … Read more
h/t RealWSBChairman
(Kitco News) – 2022 was a tale of two mints, with the U.S. Mint seeing disappointing gold and silver bullion demand for the year; meanwhile, it was the best of times for the Perth Mint as it saw record sales for its silver and gold bullion products. Analysts have noted that the Federal Reserve’s aggressive monetary policy, as it raised interest … Read more
#BREAKING Rep. @ByronDonalds admits on @thereidout that @SpeakerMcCarthy is kicking me, @RepAdamSchiff, and @Ilhan off our committees purely out of vengeance. — Rep. Eric Swalwell (@RepSwalwell) January 11, 2023 Byron, you strike me as an independent guy. If FBI *repeatedly” says that McCarthy’s claims are bullshit (below), don’t you think you should have a better … Read more
According to public records, at least $54 million was donated to the Penn Biden Center for Diplomacy and Global Engagement in Washington by individuals with ties to the Chinese Communist Party (CCP) between 2014 and 2019. The Penn Biden Center is where several classified documents were located in early November, locked in a closet in … Read more