“Good News Is Not Necessarily Good News” – Eric Sprott On Current Sentiment

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Eric Sprott interviewed by Craig Hemke on The Weekly Wrap-Up Nov 2, 2018 In five days, the Indian festival of lights known as Diwali will kick off the Hindu New Year. And during this celebration, guess which investment is considered lucky? That’s right: gold. And on this edition of the Wrap-Up, Eric Sprott breaks down the latest in precious … Read more

If you’re expecting buybacks to rescue the stock market, think again, says strategist

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via Chris Mathhrews  After a tumultuous October, investors are regaining their footing and counting on a safety net for stock values that may prove treacherous. One reason for renewed confidence has been that leading up to earnings releases, public companies face greater restrictions to buying back their own shares, a phenomenon known as a “buyback … Read more

10 reasons NOT to vote next Tuesday

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by Dr. Eowyn From John Philip Sousa IV’s essay on Stars & Stripes Forever: Given that just a 2 or 3 percentage point drop in turnout among Republicans mean Democrats take control of Congress next year, I thought I’d list a few reasons why Republicans might want to consider skipping this election. Here goes … 1. … Read more

California Hit By 39 Earthquakes Within 24 Hours As Scientists Warn Of “Movement Along The San Andreas Fault”

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by Michael Snyder  A series of large earthquakes has rattled California over the last 24 hours, and scientists are telling us that the shaking was the result of “movement along the San Andreas Fault system”.  In recent months there has been an alarming amount of seismic activity all along “the Ring of Fire”, and there have been … Read more

Bill Bonner: A memento mori for the bull market

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From Bill Bonner, Editor, Bill Bonner’s Diary: POITOU, FRANCE – We came back to France to celebrate the Toussaint with friends and family. All Saints’ Day is still an important holiday in France. People go to church in the morning, clean the graves of their relatives in the afternoon, and put pots of chrysanthemums on the sepulchers. We … Read more

What’s Behind the Erosion of Civil Society?

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by Charles Hugh-Smith Rebuilding social capital and social connectedness is not something that can be done by governments or corporations. As the mid-term elections are widely viewed as a referendum of sorts, let’s set aside politics and ask, what’s behind the erosion of our civil society? That civil society in the U.S. and elsewhere is fraying … Read more

What General Electric Is Doing to Dodge the Question: “When Will GE File for Bankruptcy?”

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The hail of two-notch downgrades doesn’t help. Wolf here: Shares of General Electric [GE] are down over 3% this beautiful Friday morning, trading at $9.20. If they close at this level, they would mark a new nine-year closing low. Shares are down 52% year-to-date: The lowest close since the 1990s was … Read more

MYSTERY: Rare East Asia Duck In Central Park Pond

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NEW YORK (CBSNewYork) – A rare duck is going viral online after finding a new home in New York City. The Mandarin duck, known for its multicolored feathers and hot pink bill, is native to East Asia. The big question: Why is it here, in the middle of Manhattan? Photographer Dennis Newsham can’t get enough of … Read more

U.K. Police Becoming “Irrelevant” According To Parliament – Uncharged Crime Surges, Investigations Drop

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by Jon Hall, Free Market Shooter A report by the U.K. Parliament’s Home Affairs Select Committee details dire consequences for public safety if issues within the police force are not addressed. MPs have said that United Kingdom police risk becoming “irrelevant” to the population as investigations into crimes plummet and a “shockingly-low number of charges” are brought for most crimes, even … Read more