STRONG GOLD IN 2018 vs NEW WORLD CURRENCY

by Egon von Greyerz In 1988, the UK magazine, The Economist forecast that 2018 would be the year of a new currency which they named the Phoenix. Quite a mind boggling prediction 30 years ago really, especially since 2018 in fact looks like a year when a major currency upheaval could take place. For conspiracy … Read more

A recession warning signal is flashing; investors carry on… The Dow has closed at an all-time high 70 times in 2017…. Market is about 28% overvalued?

The Dow has closed at an all-time high 70 times in 2017. That’s more than any other year in history. The S&P 500 has not had 3% drawdown the entire year… Market is about 28% overvalued? One of the great mysteries of 2017 is why M&A wasn’t stronger, despite a strong stock market. Unlike late … Read more

Credit-Card Payments and Subprime Auto Defaults Are Soaring…Holiday Spending Set To Hit 12-Year High Thanks To…Debt

Credit-Card Payments SURGE Americans increasingly relied on credit cards to make payments in 2016, and made more of those payments remotely, according to new data the Federal Reserve released Thursday. The number of credit-card payments grew 10.2% last year, to 37.3 billion, compared with an annual growth rate of 8.1% over the previous three years. … Read more

As Trains Derail in Washington, California Moves Full Speed Ahead on a Costly and Impossibly Ineffective “Bullet Train” Project

By Robert Carbery “My high-speed rail proposal will lead to innovations that change the way we travel in America,” Obama boldly proclaimed during his first year of his first term. A recent Investor’s Business Daily article pointed out that the recent Amtrak train derailment near Tacoma, Washington, was on a stretch of track that was … Read more

Australian Muslim Man Who Mowed Down 18 People With Vehicle Suffered from Mental Issues

by Chris Black To no one’s surprise, the Australian Muslim man who used his vehicle to mow down eighteen people in Melbourne Australia had no link to terrorism, according to officials. Instead, he was allegedly suffering from mental issues, other than Islam that is. This is the new politically correct and hugely convenient excuse used … Read more

History Repeats Itself, Why the 21 Trillion dollars unaccounted for by the Department of Defense could lead to a major event.

by TabulaInnate If anybody is familiar with 9/11 conspiracies then you have heard about the missing 2.3 trillion dollars that Donald Rumsfeld announced days before the 9/11 attacks occurred. A theory that has floated around regarding the Pentagon attack was that people and intelligence involved with the knowledge of this missing money were targeted. Fast forward … Read more

How to Invest Mutual Fund for the Beginners in India

Mutual funds is known as one of the safest and best investment instrument to create wealth over a short term, medium term and long term period. Apart from working as a great instrument for wealth creation the mutual fund also offers tax benefit and helps to achieve the future financial goals. The mutual funds investment … Read more

Wealthy Homeowners in Blue States and in New York and San Francisco Specifically Will Be Hit Hardest by the GOP Tax Bill Awaiting Trump’s Signature

By Robert Carbery Before we get into the real estate ramifications portion of the GOP tax bill, let us recall and reiterate the fact that zero Democrats voted for a tax plan that cuts the corporate tax rate to 21% from 35% to make American corporations more competitive and bring more taxable income home, simplifies … Read more

Rosie O’Donnell Offers Republican Senators Million$ To Vote Against Tax Cut Bill, Jeff Sessions Still Sleeping on the Job!

By Chris Black Political discourse just reached a new high in the Trump era, courtesy of social media and the interwebz. Obviously, I am referring to Twitter and that strange creature Rosie O’Donnell, a feral never Trumper who was so blatantly stupid she tried to bribe US Senators offering them millions of dollars cash provided … Read more

Margin Debt, Backed by Enron-Déjà-Vu Steinhoff Shares, Hits BofA, Citi, HSBC, Goldman, BNP

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “Shadow margin” is a hot business for brokers. Now they’re licking their wounds. When the bankers of Christo Wiese, the former chairman and largest shareholder of Steinhoff International Holdings – a global retail empire that includes the Mattress Firm and Sleepy’s in the US – went to work on December 6 … Read more

Un-Merry Christmas: The Perverse Incentives to Over-Consume and Over-Spend

by Charles Hugh-Smith Isn’t it obvious that if we set out to design the most perverse, toxic and doomed system possible, we’d end up with the Keynesian Cargo Cult’s insane permanent growth/Landfill Economy? Few topics are off-limits nowadays: the personal and private are now splashed everywhere for all to see. One topic is still taboo: the … Read more

How The Deep State Plans To Kill Economic Freedom

by Daniel Carter Two hundred and forty-one years ago, this country was wrestled away from the tyrannical forces of the British Empire. The United States founders planted the seeds of enlightenment principals that have lasted all these years later. Enlightenment principals include things such as freedom of thought, freedom of speech, freedom of religion, the right … Read more

Could Russia And China Defeat The US Military?

by Daniel Carter It’s no secret that tensions are heating up between the US hegemony and the emerging super powers of the east. While the US frantically tries to prop up its empire, Russia and China try to tear it down. The conflict is very serious and is quickly progressing towards a military showdown, according to … Read more

Russia Makes Surprising Military Move In Syria

by Daniel Carter Since 2011, Syria has been the scene of one of the most intense conflicts on earth. A rebel force backed by the US, Israel and Saudi Arabia tore through the country in an attempt to overthrow Bashar al-Assad, the president of Syria. This created a destabilized environment that eventually attracted ISIS. Wanting to … Read more

41 Million Americans Are Living In Poverty This Christmas

By Michael Snyder Even though the stock market continues to set new record high after new record high, poverty is exploding all over America.  It is being reported that 41 million people are living in poverty at this moment, and 9 million of them do not receive a single penny of income from anyone.  Once you have been … Read more