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via Bloomberg: “50 Cent” is back. Or at least, a pretty convincing impersonator who spent $5 million on volatility hedges this week. The mysterious buyer, or buyers, earned the nickname — a play on the rapper Curtis Jackson, known as “50 Cent” — after relentlessly purchasing huge lots of call options tied to the VIX at around … Read more
Authored by Charles Hugh Smith via OfTwoMinds blog, The bubbles in assets are supported by the invisible bubble in greed, euphoria and credulity. Well, folks, here we go again: we have a double-bubble economy in housing and stocks, and a third difficult-to-chart bubble in greed, euphoria and credulity. Feast your eyes on Housing Bubble #2, a.k.a. … Read more
by TFittonJW Link to deposition transcript and background: https://www.judicialwatch.org/press-room/press-releases/clinton-email-update-judicial-watch-releases-former-clinton-deputy-chief-staff-huma-abedin-deposition-testimony/
via Economica: In today’s highly manipulated and rigged markets, be very careful not to mistake market pricing as a reliable arbiter of underlying value or economic health. The tail does not wag the dog. In 1998, markets were rife with proclamations of a “new paradigm” in which sustainable profitability, or even any profitability at all, no longer mattered. … Read more
Bill Ottman, founder of the social media platform Minds, joins Owen Shroyer live via Skype to lay out his plan to challenge Facebook, Instagram, and other social media companies with his new platform. https://www.youtube.com/watch?v=4WXVNgu2WdA
via Safehaven: Some 44 million people in the United States now owe more than $1.5 trillion in student loans, and not only do women carry the lion’s share of this burden, but they’ll also have the toughest time paying it back. Such is the state of America’s higher education situation, according to a recent report by … Read more
by Rocksteady2323 I thought this community might find this interesting. Tracks the life of my wife and I over the last 7 years and how our cost of living and salaries have changed over time. There’s some decent insights!
Guest post by otalp Summary of Tesla’s situation: Tesla currently has 2.67 billion in cash. About 1.1 billion of this is in loans that need to be returned early next year Around 40% of their cash in hand is from refundable deposits, many from people who thought they would get a $35k car Tesla cannot … Read more
For More Information See: http://www.businessinsider.com/texas-gold-investors-just-got-their-own-fort-knox-2018-6?utm_source=facebook&utm_content=top-bar&utm_term=desktop http://www.builderonline.com/money/ec… http://theeconomiccollapseblog.com/ar… http://www.kitco.com/news/2018-06-10/…
https://www.youtube.com/watch?v=9BGGrWhXVhc Liberals really live in a Fantasyland
https://www.youtube.com/watch?v=3JCrFcqB5Ls
https://www.youtube.com/watch?v=Ypo5f5yT4OE President Trump Explains Viral Photo Of Him Sitting Down Surrounded By World Leaders President Trump Explains Whats Going On Around That Photo And The Background Of It President Trump Today answered many questions about kim jong after the north korea summit and trump kim summit and trump summit in singapore this is world news … Read more
by Disobedient Media Last week Samuel Ronan, a progressive congressional candidate in Ohio’s first district, was stopped by police, assaulted by the officers involved and ultimately arrested. He was charged with three offenses, including obstructing police business. Two of the three charges against him were reported to have been dropped at the time of writing. Shortly after Ronan’s Facebook … Read more
via telegraph.co.uk: NHS is “picking up the pieces” of an epidemic of mental illness among children, fuelled by social media, the head of the service has warned. Simon Stevens urged companies like Google and Facebook to take more responsibility for the pressures they place on children. It follows calls for social media and online gaming firms … Read more
by Michael Snyder If the Federal Reserve really wanted to hurt the U.S. economy, the quickest way that it could do that would be by aggressively raising interest rates. Lower interest rates make it less expensive to borrow money, and therefore economic activity tends to expand in a low interest rate environment. Alternatively, higher interest rates … Read more
by Ruby Henley The Country and the World is a better place today due to President Donald Trump. Let the haters hate, but they look like fools at this point. Of course, I am talking about Mainstream Media. They stick out like a sore thumb, don’t they? It is difficult to watch, as they stumble … Read more
Two thirds of Americans are worried about the high cost of living and declining wages. Countries owe the central banks trillions of Euros.The Fed has made their move they raised rates and are now on track to mimic 2008. Once the new rates take effect we will see a complete breakdown of the economy, this … Read more
by stockboardasset Since the IRS implemented the private debt collection (PDC) initiative in 2017, National Taxpayer Advocate Nina Olson warned that low-income taxpayers whose debts are assigned to private collection agencies (PCAs) are being locked into debt servicing installment plans they cannot afford, as many are unable to cover basic living expenses. That was the conclusion reached by … Read more
by Simon Black One of my many business activities is being the Chairman of the Board of a company that’s traded on a major stock exchange. The company is in the real estate business; we own a number of residential properties. And at the annual shareholder meeting a few weeks ago, one of the obvious topics … Read more
