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With the media over the last week screaming the world is frying and scaring the Europeans saying it would be over 50C which is over 125F this all turned out to be false. The hottest in Spain was 46C at one location with a host of others at 45C and everything else below that, and … Read more
by Egon von Greyerz Embrace uncertainty – Anyone who doesn’t follow this momentous maxim in coming years is likely to get one unpleasant shock after the next. Because the stable progression of the world economy since WWII is now coming to an end. What should have been a normal cyclical high in the next year or … Read more
by Chris Black The Democratic party’s projected “blue wave” in the November midterm elections seems like a pipe dream now, after last night’s special election in Ohio’s 12th Congressional District. Sorry, but Ohio stays red: A great night in Ohio’s 12th Congressional District with Troy Balderson! Troy loves Ohio, and he loves the people … Read more
The world of business can be horribly complex. It’s often a minefield of terms, choices and schemes. However, it doesn’t have to always be like this. There are a few things that you can to make your life that bit easier as a business person. They’re all simple changes that can be introduced without much … Read more
by Charles Hugh-Smith Consider how a “balanced portfolio” yielding “balanced returns” worked out for middle class retirees in Venezuela. The fantasy that a “balanced portfolio” yielding “balanced returns” will fund a stable retirement for decades to come is widely accepted as a sure thing:inflation will stay near-zero essentially forever, assets such as stocks and bonds … Read more
by howmuch Driving can be extremely dangerous. Even though most car trips are uneventful, the National Highway Traffic Safety Administration reports that in 2015, the latest year for which full data is available, there were nearly 6.3 million crashes reported to the police, more than 32,000 of which were fatal. These statistics highlight how important it is … Read more
via investing: Summary Hedge funds have bet heavily against a rise in the prices of gold and silver. We could be on the verge of a rapid move up in gold and silver. Silver appears to be transitioning into a bull market. In an interview today, I spoke with Equity Management Academy CEO Patrick MontesDeOca about a special … Read more
via WallStreetOnParade : Total U.S. Household Debt and its Composition as of First Quarter 2018 (Source: NY Fed) By Pam Martens and Russ Martens: August 6, 2018 ~ Approximately two-thirds of U.S. gross domestic product (GDP) derives from the consumer. Without financially healthy consumers, the economy cannot prosper. In a July 30 interview on the cable … Read more
via truepublica.org.uk: By TruePublica: It is impossible for anyone who even occasionally visits the news to ignore just how dramatically the world has changed in the last 10 years. The epicentre of the crumbling world order that we have all known was the global financial crisis. It literally shook the foundations of the Western world and the institutions … Read more
Credit card rates are now higher than they were at the peak of the last cycle: pic.twitter.com/54RBTFJHGh — Jesse Felder (@jessefelder) August 7, 2018 I wonder what this graph would look like if personal loans and line of credit were added to it…it’s getting scary folks. Ultimately, the populous thought 0% interest rates were here … Read more
Elon Musk could face civil and criminal penalties if it is found he didn't secure financing at the time of his tweet about taking Tesla private, the former SEC chair says. https://t.co/0MPJPEqMl0 — CNBC (@CNBC) August 8, 2018 Elon Musk could face civil and criminal penalties if it’s found that he didn’t secure financing at … Read more
Those who understand it, understand it. https://www.statista.com/statistics/271823/daily-global-crude-oil-demand-since-2006/#0 https://twitter.com/ektrit/status/1027104732282859520
https://twitter.com/OccupyWisdom/status/1027052686489870336 pic.twitter.com/oWy79Vtfcy — Financial Survivalism (@Sawcruhteez) August 8, 2018 The housing market has entered a recession of its own and nobody seems to notice. Mortgage apps sank 3% in the Aug 3rd week, down now for four weeks running, and the YoY trend has collapsed 17% from year-ago levels. — David Rosenberg (@EconguyRosie) August 8, … Read more
China‘s YuanArgentine pesoTurkish LiraIran Rial ….and now Ruble The pain in emerging market currencies pic.twitter.com/GRQFM6v3xk — Russian Market (@runews) August 8, 2018 Emerging Markets: "The spreads of corporate bonds with the worst credit ratings in particular have hardly ever been as narrow as they are now. And spreads appear tight comparedto those of developed market … Read more
https://twitter.com/StockBoardAsset/status/1027142034635800577
https://www.youtube.com/watch?v=V5AJy_W5c2c Cristina Laila for the Gateway Pundit reports, Look for President Trump to declassify the June 2017 Carter Page FISA renewal this month, says investigative reporter, Paul Sperry. Deputy Attorney General Rod Rosenstein and then-Deputy Director of the FBI Andrew McCabe both signed off on the June 2017 Carter Page FISA renewal–things could get interesting! … Read more
by JefemanG I always keep about $10k in an emergency fund just in case. It has seriously come in handy this past month alone. I was living with family when recently there was a tragic mishap that left us homeless. I had to shell out to help everybody get things sorted out and then temporary … Read more
Amazon seems to have quietly stopped recommending Alex Jones products Over the last few days we’ve seen the big tech companies make sweeping decisions about Alex Jones and Infowars. Apple took them off its podcast app; Facebook banned Jones and his associated pages; YouTube also banned the conspiracy theorist. Now it seems Amazon may have made a … Read more
by Thinker History shows the truth and that’s all the president of the United States, Donald Trump has been delivered. It’ all the ones that have called him out that are now being found to be the liars, and most of all one reporter from CNN that continues to do his best to bash and … Read more
by Thinker Judicial Watch announced the FBI turned over 70 pages of heavily redacted records about Christopher Steele, the former British spy, hired with Clinton campaign and Democratic National Committee funds, who authored the infamous Dossier targeting President Trump during last year’s presidential campaign. The documents show that Steele was cut off as a “Confidential … Read more