US Housing Turns into Buyer’s Market

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Forget the hype about a shortage of supply. In its report today on existing-home sales in September – they fell by 4.1% from a year ago to the lowest level since November 2015 — the National Association of Realtors blamed inevitably the “decade’s high mortgage rates.”  This is no surprise. The Fed has … Read more

China’s Next Revolution Is On The Horizon

Authored by Charles Hugh Smith via OfTwoMinds blog, The Mandate of Heaven will be withdrawn, and the autocratic regime overthrown. The absolute confidence that China’s political structure is permanent and forever is reminiscent of the absolute confidence in the 1980s that the USSR’s political structure was permanent and forever. But the social contract that undergirds the … Read more

Gold Is Becoming Cool Again

by John Rubino The sentiment shift is still subtle, but it’s both real and widespread. After a few years of being ignored and/or dismissed as basically useless, gold is cool again, attracting positive comments in the media and increasing accumulation by big investors. India, for instance, imported less gold than usual in the first part … Read more

Right. On. The. 200 DMA

by Chris Okay, 0.5 points under the 200 dma.  So the bears got a slight victory here? Not really. For what it’s worth, there are tons of troubling economic signs around the world, and plenty to suggest that the bull case here in the US has to rest too much (entirely) on official central bank … Read more

It’s crazy how it seems so few people know the full extent of government influence over movies and TV shows.

Recently we discovered that this influence has been much more extensive than people thought. We shouldn’t need to find out about the full extent of that influence through FOIA requests, and that’s assuming we do know about all of it, which I doubt. Washington DC’s role behind the scenes in Hollywood goes deeper than you … Read more

Opinion: Where Does The Latest Social Media Purge Leave The State Of Social Discourse?

by Disobedient Media Disobedient Media previously reported the tightening stranglehold of censorship across social media. Unfortunately, events that have taken place since the publication of this writer’s opinion that Julian Assange was the first domino to fall in a series of increasingly draconian censorship measures have far exceeded even this author’s worst expectations. The crackdown has seen … Read more

Investors can get big tax breaks if they invest in ‘opportunity zones’ under new Treasury rules

by jakewins The Treasury Department on Friday outlined rules for investors seeking to finance development in under-served regions in exchange for significant tax breaks. The opportunity zones come with several tax advantages. Capital gains placed in a certified opportunity zone fund will not be taxed through the end of 2026 or when the investment is … Read more

$CLF CEO berates analysts on conference call: ‘You are a disaster…they will have to commit suicide’

It’s unbelievable that this big banks has still employ this type of people, you should resign for your lack of knowledge of things, it’s not like that you don’t understand, you are very one of the best, it’s not like you don’t understand our business , you don’t understand your own business. You are a … Read more

BUSTED: Mueller’s Attorney VISITED CLINTONS on Election Night

A senior attorney on special counsel Robert Mueller’s legal team has even more connections to the Clinton campaign than previously thought; attending Hillary’s election night soiree in New York City along with other senior aides, reports the Wall Street Journal. Andrew Weissmann, described by the New York Times as Mueller’s “pit-bull,” allegedly attended the Clinton … Read more

Friendly reminder, in 2003, both Democrats and Republicans passed a bill allowing US Govt to spread propaganda to its own citizens, funded by it’s own citizens

The U.S. government’s mammoth broadcasting arm has begun the “unleashing of thousands of hours per week of government-funded radio and TV programs for domestic U.S. consumption,” John Hudson of Foreign Policy reported on Sunday. The content arrives with the enactment of the Smith-Mundt Modernization Act of 2012, sponsored by Rep. Mac Thornberry (R- Texas) and Rep. Adam … Read more

Mega Millions is just a tax on U.S. lower class

From ZeroHedge: With the Mega Millions Jackpot now nearly $1 billion, people, mostly those in the lower and middle classes, are coming out in droves and buying lottery tickets with hopes of striking it rich. After all, with $1 billion one can even afford healthcare in America. Naturally, we wish the lucky winner all the (non-diluted) … Read more

“I Don’t Regret What I Said” Trump SHUTS DOWN Reporter Over Body Slamming Congressman Comments

https://www.youtube.com/watch?v=DfXm0OLwHKU “I Don’t Regret What I Said” Trump SHUTS DOWN Reporter Over What He Said About A Body Slamming Congressman Trump Smiles At Reporter Then Tells Her He Has No Regrets About Praising A Body Slamming Congressman president trump signed a memorandum today and he was asked if he regrets praising a congressman who body … Read more

Battery Megafactory Forecast: 400% Increase in Capacity to 1 TWh by 2028

via visualcapitalist: When ground broke on the massive Tesla Gigafactory in Nevada in 2014, the world marveled at the project’s audacity, size, and scope. At the time, it was touted that the cutting-edge facility would be the largest building in the world by footprint, and that the Gigafactory would single-handedly be capable of doubling the world’s lithium-ion battery … Read more

How ‘Big Data’ can help fight opioid abuse

From Marketplace.org: The opioid crisis has put a spotlight on physician prescribing practices, especially since studies show a quarter of chronic pain patients misuse opioids. One startup in Nashville has become a sort of watchdog for health insurers who spend far more when a patient is abusing opioids. “It’s billions of dollars in amenable, avoidable health care expenses … Read more

The Face of the Left: Man vandalizes campaign signs; hisses ‘I hate Ted Cruz’

by Dr. Eowyn On Graustak St. near the Black Hole Coffee House in Houston, Texas, a long-hair maggot-infested Demonrat steals and tears up two Sen. Ted Cruz (R) campaign signs. His face contorted by rage, the demon-possessed man then gets in the face of the video camera and, in a Gollum voice, hisses: “I hate Ted Cruz! I hate Ted Cruz! … Read more

THERE ARE FEW INSTITUTIONS MORE DISHONEST THAN THAT OF “NONPARTISAN” BIG-MEDIA FACT-CHECKING

PolitiFact is forced to retract a story claiming Claire McCaskill didn’t say what she definitely said. “At some point, we may have to consider the possibility that certain media fact-checkers are not so dispassionate and free from partisan biases as they’d like us to believe. PolitiFact has already stepped in it twice this week, publishing … Read more