Over the course of 2017, Bitcoin has broken records in regards to growth. At the beginning of this year, Bitcoin was trading at just $900 and at well over $15,000. While there are a variety of skeptics out there who view this growth as a financial bubble, there are others that think this growth is … Read more
by Chris Black It’s Christmas and we’ve just got word about one of the best-ever Christmas gifts a patriot could ever wish for: the US ambassador at the UN Nikki Haley just announced that she negotiated a $285 million cut in United Nations’ “bloated budget”. That’s a big chunk of taxpayers dollars that will not … Read more
The stock market’s record-breaking run keeps going, but for how long? John Templeton, the late investing guru, once said bull markets in stocks “mature on optimism” before they eventually “die on euphoria.” Chalk up 2017 as another year of maturity for the current bull market — on a record scale. Defying speculation 12 months ago … Read more
https://youtu.be/UacG9sh0INc The engineering here is awesome President Donald Trump has set in motion his plan to build an “impenetrable, physical, tall, powerful, beautiful, southern border wall” between the US and Mexico. The border is about 1,900 miles (3,100 km) long and traverses all sorts of terrain. Mr Trump says his wall will cover 1,000 miles … Read more
by SpontaneousDisorder Here are charts of the previous bitcoin manias. The current crypto mania is occurring along side an intense mania for US stocks. The first parabolic peak in bitcoin occurred alongside one of the most significant stock peaks of the bull market and peaks in oil/precious metals. The manias in 2013 were a bit … Read more
"Sell The News": Investors Unexpectedly React To Tax Reform With Near-Record Redemptions https://t.co/Gzcp4L5v3F — Alastair (@StockBoardAsset) December 22, 2017 Ron Paul On Bitcoin: “Our Problems Are Gigantic, People Are Desperate And Looking Everywhere” The former Republican presidential candidate, argues that cryptocurrencies are in an “exponential bubble” where trying to calculate its real value is extremely … Read more
by AMY S. Global Systemic Risk There is no better indicator of increasing globalization.The interdependence of massive global interactions and structures has caused systemic risk to increase exponentially in recent times. Tangible risks—in systems as diverse as energy exploration and production, electricity transmission, computer networks, healthcare, food and water supplies, transportation networks, commerce, and finance—now threaten … Read more
Sessions orders DOJ review after report Obama administration gave Hezbollah a pass Watch the latest video at foxnews.com Attorney General Jeff Sessions is launching a review of a law enforcement initiative called Project Cassandra after an investigative report was published this week claiming the Obama administration gave a free pass to Hezbollah’s drug-trafficking and money-laundering … Read more
by Ruby Henley This was posted on – https://www.whitehouse.gov/presidential-actions/executive-order-blocking-property-persons-involved-serious-human-rights-abuse-corruption/ The date of the executive order by President Trump was yesterday. When you read over this, you are going to ask yourself, “who,” “what,” “when,” and “where.” It is huge news, and I believe Trump may be going after pedophiles. When you think about “human … Read more
People of a certain age will remember the days when getting a personal loan was a time consuming and pretty stressful affair that involved lengthy processes and a lot of inconvenience. These days, it is fast, simple, and extremely convenient to apply for a personal loan, thanks to the power of the Internet. A rising … Read more
By Robert Carbery With the meteoric rise of online retail in the age of Amazon, consumers have continued to opt more for shopping on the Internet in their pajamas as opposed to running out and getting their shopping done in person. The malls hit their heyday in the 1990s and the U.S. has definitely overbuilt … Read more
by Chris US Consumers Tap Out: Personal Savings Rate Plunges To 10 Year Low While Americans Splurge The latest confirmation that the US consumer is now effectively tapped out came moments ago when the Dept of Commerce reported that in November, Personal Income rose by a lower than expected 0.3% (exp. 0.4%), while US consumers … Read more
by Chris Black To begin with, let me make a little preamble and tell you a story which pretty much sums up the way the Obama administration (and others) skewed the truth about social issues with statistics. Mark Twain used to say: there are lies, damn’ lies and statistics. So, here it comes: do you … Read more
Wellington Capital Group is a wealth management company catering to an international clientele of discerning investors. The company is based in central Tokyo, which has been long established as a global financial hub and is home to the second largest stock exchange in the world. While the financial industry often seems impersonal, Wellington Capital Group … Read more
In your opinion, what will crash FIRST? Stocks or Bonds? The financial markets are supported by a foundation of lies and mistruths. There’s no way around this. Have there been any moments in the market where reality has been allowed to show its true self? Of course not. If it would, trading would be halted … Read more
by Dave Bitcoin –14,35%- 13 277,21 Bitcoin Cash –25,71%- 2 262,82 Ethereum –17,70%- 644,34 Litecoin –16,12%- 254,96 IOTA –24,17%- 3,5796 The sell signal from bitcoin a few days back is looking better and better. Although the 4h forecaster can be a little jumpy, it sure nailed the top on this one – and it … Read more
From Jeff Clark, Editor, Market Minute: There’s a cop car parked next to a stop sign at the bottom of a hill in my neighborhood. Nobody is in the car. It’s just parked there – with its red and blue lights flashing – for several hours every day. The idea is that, even though there’s no … Read more
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
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 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
by Harry Dent Cycles reoccur throughout history, but they more rhyme than duplicate. Each bubble tends to get more extreme than the last one because there’s more wealth to chase it. Wealth is concentrated in the top 1% to 0.1% and grows exponentially (income does not). The greatest bubble of our lifetimes was the tech bubble … Read more
If you are in need of funds to finance your personal expenses like a vacation or a wedding, you may have considered going for an unsecured loan. Also known as a personal loan, this is a loan where the lender does not require you to place collateral that could be repossessed in the event you … Read more
by Ruby Henley I just read an article that reports bestiality is on the rise. It went as far as saying Germany was opening animal brothels due to the rise in migrants. A man who owned sheep said migrants were breaking into his property at night and having sex with his goats. Frankly, I could … Read more
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
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