Profiting from U.S. Government Contracts: Boeing to Begin Manufacturing in India

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Boeing, the second biggest beneficiary of United States Defense Department government contracts, is outsourcing manufacturing and about 3,000 jobs to India. This week, Boeing announced that it would be building their second largest manufacturing facility in Bengaluru, India — not the U.S. That manufacturing plant is expected to generate 3,000 high-paying jobs that could have … Read more

FOX: Top FBI lawyer Baker offers ‘explosive’ testimony on ‘abnormal’ handling of Russia probe into Trump campaign: lawmakers

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Top FBI Lawyer James Baker Has Turned State’s Evidence 13:35 https://www.youtube.com/watch?v=bOwr9PX05p4&feature=youtu.be&t=815 Former top FBI lawyer James Baker gave “explosive” closed-door testimony on Wednesday detailing for congressional investigators how the Russia probe was handled in an “abnormal fashion” reflecting “political bias,” according to two Republican lawmakers present for the deposition. “Some of the things that were … Read more

CNN IDs FORD’S EX, RUNS DENIAL IN FIRST MENTION OF HIS EXPLOSIVE LETTER-UPDATE-NEW EVIDENCE ELIMINATES FORD’s CREDIBILITY

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CNN IDs Ford’s Ex, Runs Denial in First Mention of His Explosive Letter: CNN, in its first-ever mention of the sworn letter potentially discrediting Christine Blasey Ford, identifies the redacted author by name & offers a denial of the letter’s allegations from Ford’s long-time friend & LOVER. On Tuesday, Fox News first obtained a sworn … Read more

GOP-doxxing suspect arrested; worked or interned for Feinstein, Jackson Lee, other Dems

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A Democratic congressional intern was arrested Wednesday and accused of posting the personal information of at least one Republican senator during last week’s hearing about sexual assault claims against Supreme Court nominee Brett Kavanaugh, authorities said. U.S. Capitol Police said 27-year-old Jackson Cosko was charged with making public restricted personal information, witness tampering, threats in … Read more

Trump has mentioned countless times how China steals intellectual property from US corporations. Seems, it’s worse than originally thought.

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Nested on the servers’ motherboards, the testers found a tiny microchip, not much bigger than a grain of rice, that wasn’t part of the boards’ original design. Amazon reported the discovery to U.S. authorities, sending a shudder through the intelligence community. Elemental’s servers could be found in Department of Defense data centers, the CIA’s drone … Read more

Global Debt Is A Pest That Must Be Eradicated

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by Egon von Greyerz The coming gold and silver surge is guaranteed. It is not a question of IF but only WHEN. Initially, the imminent revaluation of the precious metals will have nothing to do with an investment mania but with the total mismanagement of the world economy. A spectacular rise in the metals is … Read more

Brexit To Burst Dublin and London Property Bubbles?

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by GoldCore Brexit To Burst Dublin and London Property Bubbles? – London, Dublin, Sydney, Vancouver and Hong Kong housing prices fall … – Property bubbles in many cities internationally according to ‘Economist’, UBS & others – UBS found that six of the world’s largest cities are now subject to massive speculative housing bubbles – Hong … Read more

As the Federal Debt Hits $21.7T, Nobody in Washington Seems to Care

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by Alexander Trigaux, Editor, GoldSilver   The President. The Senate. The House. Their silence on the issue tells you all you need to know. Forget any semblance of fiscal responsibility. Washington has completely given up on bare-bones fiscal sanity. What would you call a ceiling that has been that demolished four times? Surrounded by the assorted … Read more

U.S. health insurance inflation increases further

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by ryeander Average employee/employer premium cost rose from $6250 in year 2000 to $20000 this year. This has rapidly outpaced actual monetary inflation by over 100% ($6250 in 2000 is worth $9151 today). The employer has been shouldering a HUGE chunk of health care cost that is hidden away from us. Assuming costs stay stagnant … Read more

Americans are retiring later

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by hey_grill Americans are retiring later than they used to due to increasing longevity, raising the Social Security age, and the decline of pensions. I vow this won’t be me. https://www.bloomberg.com/view/articles/2018-10-02/americans-are-retiring-later-to-boost-social-security-benefits It’s not just collecting SS later. People are working later. Consider this: In 1997, 57 percent of men claiming their retirement benefits under Social Security were … Read more

Bank of International Settlements Has a “Zero Risk” Rating on Italian Sovereign Debt

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***LET ME REITERATE: There is plenty of news stating that Italy will capitulate to the demands of Brussels to cut its deficit to the 2 percent level because it fears the wrath of the bond markets and the Eurocrats. FALSE NARRATIVE! The Italians have the upper-hand in these negotiations for the European banks are loaded with Italian … Read more

Poor Breadth Alone is Signalling a Stock Market Top

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by SpontaneousDisorder Source: https://twitter.com/sentimentrader/status/1047470933445922816 Small caps are diverging with big caps: https://twitter.com/SoberLook/status/1047327180651470849 John Hussman has posted some charts of the markets poor breadth. (It looks like his latest article has some info on this, not read it just yet.) https://twitter.com/hussmanjp Corporate profit guidance continues to deteriorate pic.twitter.com/diAJr1C9cG — Liz Ann Sonders (@LizAnnSonders) October 4, 2018 … Read more

Park: Insiders Selling Into Tax-Break-Driven Buybacks Is a Basic Pump and Dump

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via jugglingdynamite: As government revenues fall, deficits compound and debt levels leap, corporate executives have been directing the corporate cash freed up from recent tax breaks to pump up their company share prices with buybacks, while dumping their own personal holdings into the strength created.  ‘So long suckers’, indeed.  Buyers and holders beware, your longer-term financial interests … Read more

Right after Powell drops the word “accommodative,” the bond market blows up

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Right after Powell drops the word "accommodative," the bond market blows up pic.twitter.com/Dlm3zSevPZ — Alastair (@StockBoardAsset) October 4, 2018 3.22 is here, so what's next? pic.twitter.com/JJi36y13xf — Alastair (@StockBoardAsset) October 4, 2018 Global Government 10-YR Yields going higher pic.twitter.com/cM0rCa5SEk — Alastair (@StockBoardAsset) October 4, 2018 https://twitter.com/OccupyWisdom/status/1047719821289373697

Global stocks are dropping as US treasury yields are at the highest level since 2011

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by QuantalyticsResearch US Stocks Global stocks are dropping this morning as US treasury yields continue to rally after the yield on the US 10-year hit the highest level since 2011 in yesterday’s trading US Federal Reserve Chairman Jerome Powell, during a presentation yesterday, suggested current US interest levels are nowhere near “neutral” — this side comment is … Read more