Peter Stroke to publically testify to Congress today on his actions caused by Trump Derangement Syndrome

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https://www.c-span.org/video/?447953-1/fbi-deputy-assistant-director-peter-strzok-testifies-2016-investigations WATCH LIVE ON JULY 12 | 10AM ET | C-SPAN3 https://abcnews.go.com/Politics/fbi-agent-peter-strzok-publicly-testify-capitol-hill/story?id=56526543 FBI agent Peter Strzok, who President Donald Trump has accused of committing “treason,” will testify in public for the first time Thursday and is expected to be grilled about the anti-Trump text messages he sent during the 2016 presidential campaign. Strzok, who led … Read more

Wall Street awaits a challenging month as earnings season looms

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by indianleo Earnings season is a very important period of time for investors as well as traders. Every public company posts their quarterly performance or earnings to the public and it generally takes place in January, April, July, and October of every year. During this reporting, public companies generally cover the topics of financial performance, changes … Read more

Obama Steps Out Of The Shadows With Eric ‘Fast And Furious’ Holder Calling For Redrawing Voting Districts To Favor Democrats

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by Geoffrey Grider Former President Barack Obama is diving into politics once again by appearing in a video warning against the supposed damaging effects of partisan gerrymandering and calling on voters to politicians who support his idea of “fair” redistricting maps. Ah, the dynamic duo of Barack Obama and Eric Holder have resurfaced. You remember them, right? They rose to … Read more

FANG seems fundamentally worthless?

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#FANG STOCKS Am I missing something?   The fair value calculated by discounted cash flow   Shiller P/E or overall P/B ratios are also that high :: what longtime worldwide QE‘s can do Despite the acceleration in U.S. growth, real earnings have steadily fallen since 2015. Real earnings refers to the growth in average hourly earnings … Read more

Jeff Clark Interview: Why the Russians Are Liquidating Their US Treasuries

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by Jeff Clark, Senior Precious Metals Analyst, GoldSilver  In case you’re unfamiliar with the 1966 movie The Russians Are Coming!, it’s a fun romp about a Russian submarine that accidentally runs aground off the New England coast during the Cold War and the local residents who panic and think they’re being invaded. I remember laughing a … Read more

Trade war continues to rattle the market

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by indianleo It has been a long time since the trade war talks began. At first, it was only a war of words between the world’s two largest economies. Slowly, it took a bigger form and is currently under effect. It had a huge impact on the US stock market and the US economy. The first clash … Read more

Tesla under 200k mark in Q2, full $7500 tax credit available until end of 2018.

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Link: https://www.tesla.com/support/incentives The following federal income tax credits are available to anyone who purchases a new Tesla Model S, Model X or Model 3: Federal Tax Credit For Vehicles Delivered $7,500 On or before December 31, 2018 $3,750 January 1 to June 30, 2019 $1,875 July 1 to December 31, 2019 Several states and local utilities … Read more

Former Tesla employee (Martin Tripp), AKA “the sabateur,” has officially filed a whistleblower complaint with SEC

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https://www.washingtonpost.com/technology/2018/07/11/former-tesla-employee-blasted-by-elon-musk-takes-battle-sec-filing-whistleblower-complaint/?noredirect=on&utm_term=.e3e715fcb02c Tripp told the SEC on Friday that the Silicon Valley car company, whose $53 billion value rivals that of General Motors, had pushed for a number of potentially damaging measures to meet production quotas, including placing batteries with puncture holes into vehicles and reusing scrapped parts. The company, Tripp said, had also inflated the … Read more

Investors Are So Nervous About A Potential Recession That They’re Preparing For One

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via CNBC Some money managers are increasingly nervous about an upcoming recession amid higher interest rates and tighter credit availability. “It’s a classical late cycle story. So, when I was here last time, I said we were long and nervous. We are no longer long, we are increasingly nervous about this,” Roelof Salomons, chief strategist … Read more

3 Largest Economics In World Running On PONZI Finance

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Why what happens in the US+China+Japan really matters (chart)….why US nat’l debt going from $10–>$21T, China $7T–>$34T and Japan’c central bank’s balance sheet going from 30% to 100% of GDP matters. 3 largest economics in world running on PONZI finance is ~NOT~ a good thing: Healthy organic recoveries DON’T require $15T in QE + 0% … Read more

Alarm Bells: This Is Looking Like One Of The Fastest Global Economic Slow Downs Since 2008…. Its Happening Fast!

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Alarm Bells: Copper & Oil Crash #OOTT pic.twitter.com/pacPGR56vT — Alastair (@StockBoardAsset) July 11, 2018 Copper has now lost 1/4 of its value in a month.. Zinc near 30% of value gone now..Nickel near 20%…. This is looking like one of the fastest global economic slow downs since 2008…. its happening fast..   Bloodbath: Oil Plummets … Read more

Why would a country not want their citizens back? Perhaps they didn’t send us their best.

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Myanmar, Laos hit with visa restrictions for not accepting citizens deported from U.S. – Visas for government officials will be restricted, restrictions could be expanded if they fail to cooperate – The first category to be restricted are B1 & B2, temporary visas used for business and travel. July 11 (UPI) — The United States imposed … Read more

Oldest Tools Outside Africa Found, Rewriting Human Story… 2,100,000 years old!

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via nationalgeographic: Modern humans’ distant relatives left Africa earlier than previously thought—rewriting a key chapter in humankind’s epic prequel, according to a discovery unveiled on Wednesday in Nature. Nearly a hundred stone tools found at the Shangchen site in central China may push back the spread of our ancient cousins—hominins—out of Africa by more than a quarter million … Read more

US-China Trade War A Warm-Up For Global Financial Crisis, Warns Investor Mark Mobius

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via RT Expect big problems with the global economy as the trade conflict between the United States and China escalates, predicts veteran investor Mark Mobius. There’s no question we’ll see a financial crisis sooner or later because we must remember we’re coming off from a period of cheap money. “There’s going to be a real … Read more