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by Frank Holmes, CEO, U.S. Global Investors “Capitalism works” is how Ken Langone, billionaire co-founder of Home Depot, opens his new book, I Love Capitalism!: An American Story. “Let me say it again: It works! And—I’m living proof—it can work for anybody and everybody…. Show me where the silver spoon was in my mouth. I’ve got … Read more
by Dr. Eowyn Vampirism is no longer the stuff of horror movies. Vampires today don’t wear black cloaks, nor do they ingest blood via neck-bites. Today, perfectly healthy but wealthy people get their blood via transfusions, at $8,000 for 1.5 liters. The fictional Count Dracula ingests human blood to live; today’s vampires similarly get expensive blood … Read more
Dozens of ‘mysterious radio bursts’ from outer space are detected by alien-hunting artificial intelligence The Breakthrough Listen program picked up 72 new fast radio bursts (FRBs) from a galaxy three billion light years from Earth ARTIFICIAL intelligence searching for alien life in the universe has discovered dozens of previously unknown radio bursts. The Breakthrough Listen … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The markets no longer have any doubts whatsoever that the Fed will raise its target range for the federal funds rate by a quarter point at its September 25-26 meeting to a range between 2.0% and 2.25%. This will be the third hike in 2018. Its probability is now 100% according … Read more
https://www.youtube.com/watch?v=GEFlf6Gs3SI “No! That Would Be A Utter Waste Of Our Time” Sarah Sanders Strikes Down Reporter Over NYT Op-Ed Sarah Huckabee Sanders today took questions from reporters on nyt op-ed and president trump new york times op-ed this is latest news and breaking news from sarah sanders press briefing and sarah sanders white house press … Read more
https://www.youtube.com/watch?v=MZAvOaUyyiA “If The DOJ Doesn’t Look Into NYT Source They Shouldn’t Be There” Sarah Sander SLAMS ABC Reporter Sarah Huckabee Sanders today took questions from reporters on nyt op-ed and president trump new york times op-ed this is latest news and breaking news from sarah sanders press briefing and sarah sanders white house press briefing … Read more
via telegraph.co.uk: Short sellers have circled Apple on the eve of the tech giant’s highly-anticipated iPhone launch, with the tech giant becoming America’s most bet-against company. Short interest in the company has surpassed bets against Amazon and Tesla in dollar terms recent days, as traders predict that the share price surge that recently made Apple the … Read more
via visualcapitalist: Facebook has found itself in the headlines a lot in 2018, but not for the reasons investors are likely to be excited about. The tech giant battled privacy scandals, policy changes, and dwindling user engagement throughout the year, and in July the company made history with an overnight drop of $119 billion in market … Read more
by Michael Snyder The latest forecast is projecting that Hurricane Florence will strengthen “to near category 5 strength” before it makes landfall in the Carolinas, and it is being called “a serious threat to lives and property”. It is extremely rare for a hurricane of this intensity to come this far north, and one expert is claiming that Florence “has the potential … Read more
A fresh piece of Citi research lands on bond market liquidity, which evokes a reminder of those days in late 2015 when a lot of attention was focused on how easy it was to buy and (more importantly) sell corporate debt. Back then JNK and HYG, the two biggest high-yield bond exchange traded funds, had fallen to … Read more
dead cat bounce today — relentless vix slams by market overseers failed to attract new bidders into stocks — this serves as a warning that overseers need to release fake news or deflect attention from stock market — maybe start conflict in Syria pic.twitter.com/tBFlEEA4qU — Alastair (@StockBoardAsset) September 10, 2018 the rest of the world … Read more
I got this image from a Twitter account of Marty Bahamonde, who works for FEMA. His handle is @MartyJBahamonde and the tweet that accompanied the pic says “In 25 years at FEMA, I have never seen a situation like this before. If you are in these paths, it is time to prepare yourself.” h/t JDintheD
https://www.youtube.com/watch?v=Cy9zfcyEc1s Steven Nelson for the Washington Examiner reports, President Trump warned Friday that it’s still possible he could move to shut down the government if Congress doesn’t approve funding for a border wall, even though he said earlier in the day that it’s unlikely he would push the fight that far. Read More/Source/Credit/FairUse: https://www.washingtonexaminer.com/ne…
https://www.youtube.com/watch?v=WnvH64RLWjw Gov Brown is fine if turns California into a third world country because he will never have to live under the devastation he creates. JW
https://www.youtube.com/watch?v=lEKtDr13foc And he’s right on the money. They play words games and play semantics to call Trump a liar all the time, while conveniently ignoring all the good news for the economy that befits everyone. Katy Tur has the nerve to claims “We don’t lie!”. On Sunday night’s ‘Life, Liberty & Levin’, actor Jon Voight … Read more
Trump expected to soon declassify Carter Page, Bruce Ohr documents: report http://thehill.com/homenews/administr…
By Harry Dent The broader stock market via the S&P 500 finally broke to new highs in August, while they drifted insignificantly lower on Wednesday. And as Adam O’Dell recently commented, that typically means substantially higher highs ahead… like 13% plus. What does this mean for my great crash forecast? Well, my favored scenario right now, with the … Read more
by stockboardasset The U.S. Department of Defense’s annual report to Congress, released in August, details military and security developments of the Chinese armed forces, drew attention to the “People’s Armed Forces Maritime Militia” (PAFMM), a weaponized fishing fleet funded by Beijing — a new asset for low-intensity maritime confrontations, and a forward screen for its growing military force … Read more
The whole internet should be up in arms about this conspiracy to defang the very nature of the Internet platform as we know it. The two proposed legislative changes will make reddit completely unusable as a platform yet reddit and it’s users seem uninterested in this threat to it’s existence. Where’s the outrage from the … Read more
By Antony P. Mueller via Mises Wire: The new “democratic socialists” want to make their followers believe that one could redistribute wealth and income and socialize a large part of the economy without harming production and productivity. They claim that a comprehensive control of the economy by the government would bring more justice and more prosperity. … Read more