Mike Maloney: Tax-Free Metals Investing?

by GoldSilver  Imagine walking into a bank and trying to exchange two $10 bills for a $20 bill. The teller takes your money and returns $19 in bills along with a few pennies while noting the puzzled look on your face. “Sorry…taxes, you know.” You’d be outraged. What could be more ridiculous than being charged tax … Read more

“Corporations are borrowing against their net worth, as opposed to borrowing against cash flow and income, which in effect is the same thing households were doing in 2004, 2005 and 2006.”

via CNBC: The roots of the next recession could lie in U.S. corporates’ debt-to-cash ratios, a top U.S. economist warned Wednesday. The cash-to-debt ratio of speculative-grade borrowers reached a record low of 12 percent in 2017, below the 14 percent level in 2008 — meaning that for every dollar they have in cash, they have … Read more

IT’S LIKE THIS WHOLE THING IS JUST AN EFFORT TO STALL PAST THE MIDTERMS

Kavanaugh accuser says FBI should investigate before she testifies. The woman accusing Supreme Court nominee Brett Kavanaugh of sexual assault says she will not testify until the FBI investigates her claims. A lawyer for Kavanaugh’s accuser, Christine Blasey Ford, said Tuesday evening that she wanted the FBI to investigate as “the first step” in the … Read more

The scope of Investment in BitoPro Digital Currency

Cryptocurrency is a digital currency that involves encryption techniques to regulate the generation of the units of currency and authenticate the fund transfer while operating independently on the central bank. Decentralized cryptocurrencies like bitcoin provide an outlet for personal wealth that has not confiscation and restriction. Bitcoin depends on peer-to-peer technology to operate without central … Read more

Who Bought the $1.47 Trillion of New US National Debt over the Past 12 Months?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter China, Japan, other foreign investors, the Fed, US government funds? Nope. Foreign private-sector investors and “foreign official” investors – central banks, governments, etc. – whittled down their holdings of US Treasury Securities by $21 billion at the end of  July, compared to a year ago, to $6.25 trillion, according to the … Read more

Just How Wildly Exuberant is the Junk-Credit Market?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This deal is “reminiscent of the kind of deal I would have seen in 2006 and 2007.” They’re still blowing off the Fed. This is considered a door-opener Leveraged Buyout (LBO): If it flies and investors buy this $13.5 billion pile of deeply junk-rated debt today, even riskier and bigger LBOs … Read more

Christine Blasey Ford Wants The FBI To Investigate Her Claims Against Kavanaugh Before She Testifies.

by Ruby Henley Christine Blasey Ford has made a demand through her lawyers this evening.   She refuses to testify before Congress until the FBI investigates her claims against Judge Brett Kavanaugh.  Frankly, this appears to be in Judge Kavanaugh’s favor, as he has previously been investigated six times by the FBI throughout his career. This … Read more

As of Sep 21, “Credit Freezes” & “Unfreezes” Will Be Free for All Americans

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter After the uproar about the Equifax hack, Congress did do something. And credit freezes are now a lot easier to place and lift. Starting September 21, 2018, placing or lifting a “credit freeze” – aka “security freeze” – will be free for all Americans in all states. In response to the Equifax-hack … Read more

9 Reasons Mining Investors are Looking at Yukon Companies

via visualcapitalist: In the mining industry, location is paramount. Invest your capital in a jurisdiction that doesn’t respect that investment, or in a place with little geological potential, and it’s possible that it will end up going to waste. That’s why, when there’s a place on the map that has world-class geology and also a plan … Read more

How to Get Rich in the Swamp

by Bill Bonner YOUGHAL, IRELAND – Today, we take a look at the Swamp. Slimy, slippery, slithery – the Swamp stretches out from the banks of the Potomac and beyond. It is home to the government, of course, but also to whole industries… The “defense” industry, for example, lies on the Virginia side of the great … Read more

New Mexico steps up to the plate. NM has filed a lawsuit against Google, Twitter and several app developers for illegally collecting data from underage children.

New Mexico has filed suit against Google, Twitter and several app developers for illegally collecting highly personal information from underage children. “These apps can track where children live, play, and go to school with incredible precision,” Balderas said. “These multi-million-dollar tech companies partnering with app developers are taking advantage of New Mexican children, and the … Read more

Netherlands Cuts Funding to White Helmets Over Links to Terrorism

The Netherlands has stepped up to the plate by becoming one of the only countries to officially cast doubt on the motivations of the so-called “White Helmets.” Alternative media has been crying foul for years over this terrorist-linked organization, as it potentially is a major propaganda arm for the military industrial complex. The decision of … Read more

A Historic Divergence In Stock Market Breadth

by jessefelder A month ago I noted here that the Nasdaq had triggered another cluster of Hindenburg Omens. Over the past couple of weeks it has triggered another cluster but what is even more notable is the streak at the NYSE. Over the past ten days, this exchange has triggered an omen every day. Such a streak has not … Read more

Deodand – Civil Asset Forfeiture Violate Every Principle of Human Rights & Civilization

by Martin Armstrong COMMENT: Mr. Armstrong; As a Canuck, I was shocked to come to realize that our Canadian government is confiscating the property of innocent people following the same practice in Washington. How can they justify this? Read the Canadian Justice Review Board. FG ANSWER:  Yes, politicians do seem to get ideas from each other. The US … Read more

Geniuses: San Francisco school district gives teacher raises, not sure if they will have revenue to pay for them

by DCG You just can’t make this stuff up. Proposition G (also called the parcel tax) in San Francisco was approved by voters in June 5, 2018. It authorizes San Francisco to levy an annual parcel tax of $298 per parcel of taxable real property in the city for 20 years with revenue provided to the San … Read more

USA Declares it is not Subject to International Law

by Martin Armstrong The United States is on a major confrontational course with the International Criminal Court (ICC) in The Hague. The White House National Security Adviser, John Bolton, threatened entry bans and other sanctions against court judges and prosecutors if they dare to try to prosecute any US citizens for an investigation into possible US war … Read more