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by Bill Bonner YOUGHAL, IRELAND – As a republic matures, it slides down-market… The rails are silently greased by the cronies and grifters who control policy measures for their own benefit… while the rabble rallies to campaign slogans and admires TV idols. The media – dependent on the mass of consumers for ad sales – sinks, … Read more
Peter Schiff, Released on 7/31/18 ”We could say the government spend like drunken sailors, but that would be unfair to drunken sailors, because the sailors are spending their own money.” – Ronald Reagan JC
by AMY S. How will the coming financial reset impact your cash, savings, retirement accounts, stock, bonds, real estate, mortgage, student loans, gold, silver, and other assets? Will the collapse DESTROY WEALTH or TRANSFER IT from the unprepared to the those who have positioned themselves in advance? What facts do we have to go on from … Read more
From USA Today: If you fall asleep or use the bathroom during your next flight, those incriminating facts could be added to your federal dossier. Likewise, if you use your laptop or look at noisy children seated nearby with a “cold, penetrating stare,” that may be included on your permanent record. If you fidget, sweat or … Read more
From Frank Holmes at Frank Talk: When you think of the top 1% of all income earners in American households, how much do you think this group rakes in? Millions? Tens of millions? What about the top 10%? On the contrary, to be considered in the top 1% of taxpayers nationally, you’d need an annual income … Read more
from Financial Survival Network John Rubino is back for another week. It appears that President Trump has prevailed in his trade dispute with the European Union. The goal of zero tariffs appears to be within reach. But is that enough to head off the impending financial disruption? John thinks not. There’s just too much debt and not … Read more
By Lance Gaitan Stocks have struggled to make new highs in recent weeks. What’s going on with the economy? With the help of the Federal Reserve’s extraordinary policy measures, U.S. gross domestic product (GDP) has expanded slowly over the past nine years. The U.S. economy grew at a 4.1% rate in the second quarter, the fastest pace since … Read more
by Martin Armstrong I have been warning that Global Warming is profitable for governments. They paid these academics $1 billion to come up with dire forecasts that ignore nature, cycles, and history, all to justify taxing people that will never actually impact anything nor balance their budgets. Canadian households in Alberta, Saskatchewan and Nova Scotia will be … Read more
June 14, 2018: >>The European Central Bank could decide to announce the end its quantitative easing programme on Thursday. >>Such a move would end years of post euro-crisis stimulus. >>The ECB is expected to argue that its €2.55 trillion ($3 trillion) bond-buying scheme has done its job in bringing the 19-member currency bloc back from … Read more
City officials help teen start business instead of shutting down hot dog stand When the city received the complaint a few weeks ago, the Minneapolis Department of Health started making calls to help him. “When I realized what it was, I said, ‘No, we’re not going to just go and shut him down’ like we … Read more
In late 2017, cognitive scientists Stanislas Dehaene, Hakwan Lau and Sid Kouider theorized in a published review that consciousness is “resolutely computational” and subsequently possible in machines. The three neuroscientists are from the Collège de France, University of California and PSL Research University, respectively. They addressed the question of whether machines will ever be conscious: … Read more
From Barron’s: Investors in gold need not fear that bitcoin will replace it as the preeminent global store of value. That is the implication of a recent study by Eric Budish, a professor of economics at the University of Chicago. The National Bureau of Economic Research published the paper—“The Economic Limits of Bitcoin and the Blockchain”—in … Read more
TradersChoice.net, Released on 8/1/18 Jim Rickards: Investors Have Fallen Into a False Sense of Security In January 2018, two significant market events occurred nearly simultaneously. Major U.S. stock market indexes peaked and volatility indexes extended one of their longest streaks of low volatility in history. Investors were happy, complacency ruled the day and all … Read more
by Wayne Root What a two-week period for President Donald J. Trump. They’re all rooting against him, thereby (by default) hoping America and the US economy and middle class jobs either fail, or fall short. And it’s not just Democrats. It’s virtually everyone in power, in government, in the establishment. Economists are rooting for Trump to fail. Democrats … Read more
by Charles Hugh-Smith Isn’t it obvious that those at the top of the wealth-power pyramid don’t want us to know how much ground we’ve lost while they’ve gorged on immense gains? In the late 1970s and early 1980s, an era of stagflation, the Misery Index was the unemployment rate plus inflation, both of which were running … Read more
What is it that decides how valuable a piece of gold should be? If you look back at the annuals of history, you’ll find that the ancient Egyptians were the first people to smelt gold all the way back in 3,600 BC, thousands of years later, people began to wear gold as jewelry, and headdresses. … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Tesla never ceases to astound with its hype and promises and with its results that are just mindboggling, including today when it reported its Q2 “earnings” – meaning a net loss of $718 million, its largest net loss ever in its loss-drenched history spanning over a decade. It was more than double its … Read more
Mueller will show no evidence of collusion in regards to Manaforts case. US has been hold talks with the Taliban and both sides are very close in making a deal. The NK missile propaganda is just that, propaganda, NK is dismantling their missile system. Trump says he is ready to talk with the Iranian leader … Read more
via thefreethoughtproject: (RT) The cost of the F-35 stealth fighter jet program may rise by another $27.5 billion, despite President Donald Trump’s assurances to fix “out of control” expenditures in the production of the most expensive jet in US history, according to a Pentagon paper. Overall acquisition costs for the advanced fighter jet could climb … Read more
Thank you everyone who has supported me, stood by me and believed in me. Today I came home to my children for the first time in two and a half months and I couldn’t have done it without you. Thank you. UFS