Christopher Steele ADMITS He Was Hired To Help Hillary Clinton Challenge 2016 Election Results

by Jon Hall, Free Market Shooter Christopher Steele, the ex-British spy who prepared the infamous “Steele” dossier that led to more than two years’ worth of investigation into Donald Trump’s Presidential campaign, has told a London court that he was hired to to provide assurance of challenging the results of the 2016 election in the result of Hillary Clinton’s … Read more

Santa didn’t pay for those presents, credit did…

From ZeroHedge: After several years of disappointing holiday sales, retail analysts told any and all financial media who would listen that this year would be different. With wages finally accelerating at their fastest pace since the financial crisis, and early indicators suggesting a boost in e-commerce ahead of the traditional holiday shopping season, with the National … Read more

The richest people in the world lost $511 billion this year

From Bloomberg: The richest people on Earth lost $511 billion this year after record first-half gains were obliterated by a succession of bruising market selloffs. Global trade tensions and worries about a U.S. recession dragged markets lower at year-end, leaving the 500 people on the Bloomberg Billionaires Index with a combined net worth of $4.7 trillion as of … Read more

Is this 5% rally a trend reversal or bear market rally?

https://twitter.com/OccupyWisdom/status/1078040352534290433 https://twitter.com/OccupyWisdom/status/1078008035434479621 ICYMI: "While we don’t observe conditions to indicate a 'bottom' from a full-cycle standpoint, we do observe conditions permissive of a scorching market rebound. Yes, that means one or more daily moves of ~100-150 points on SPX and 900-1300 on the Dow. You think I’m kidding." https://t.co/jrKepMpSHN — John P. Hussman, Ph.D. (@hussmanjp) … Read more

German Hyperinflation & the Dawes Plan

by Martin Armstrong The German Hyperinflation was by NO MEANS about inflation created by an increase in the money supply under the Quantity Theory of Money (QTM). Today, Angela Merkel has forcefully imposed Austerity upon the whole of Europe because she really does not understand what even caused the hyperinflation. It was at the Palace of Versailles outside … Read more

Mastercard Releases First Tabulated Holiday Sales Report With Whopping 5.1% Increase

by sundance As CTH anticipated the first tabulated holiday sales report via Mastercard® shows the results of a very strong consumer confidence level.  The first report highlights a very strong 5.1% increase in holiday purchases: “Wall Street is running around like a chicken with its head cut off, while Mr. and Mrs. Main Street are happy with their … Read more

Boom! Santa Came Late!

by Chris The long-anticipated “”market”” rally arrived today, almost certainly with some assistance from the Trump administration.  I do wish the Deep State would make up its mind.  Is it trying to dump Trump or help him?  Today it helped him, made him look like a postiviely genius market timer. Over 116 S&P points, and … Read more

Keith Weiner: Are Stocks Overvalued? Is $10,000 Gold And The Collapse Of The Dollar Coming?

by Keith Weiner of Monetary-Metals We could also have entitled this essay How to Measure Your Own Capital Destruction. But this headline would not have set expectations correctly. As always, when looking at the phenomenon of a credit-fueled boom, the destruction does not occur when prices crash. It occurs while they’re rising. But people don’t realize it, then, … Read more

TRUMP Fox and Friends 12/26/18 | Gov’t Will Not Reopen until Wall is Settled; Judge Jeanine Pirro to President Trump: Keep Up Border Wall Shutdown – “This is Your Moment in History”

https://youtu.be/20OI1r0SRX0 He told them in March he wouldn’t sign another bill like this again.   Judge Jeanine Pirro to President Trump: Keep Up Border Wall Shutdown – “This is Your Moment in History” (VIDEO) President Trump spoke with reporters on Christmas morning in the White House. The president said he will continue the shutdown until America has … Read more

Visualizing the Extreme Concentration of Global Wealth

via visualcapitalist: In recent decades, extreme world poverty has declined significantly and many millions of people have joined the swelling ranks of the middle class – particularly in China. While these economic shifts are positive, it’s the other end of the global wealth spectrum that attracts the most attention. A high degree of wealth creation is amassed by … Read more