by Brandon Smith The summer season is often about renewed hope and revelry in comfort, and this goes for economic comfort as much as anything else. In parallel to the old tale of The Ant And The Grasshopper, we are all tempted to act like the grasshopper, forget about the trials and tribulations of the world and … Read more
via RT: Identifying runaway debt as a problem is the first step in dealing with it. Then there is the dissonance between the politicians who at once decry the federal budget deficit, then vote for bills that cut taxes and raise spending yet again. It won’t take much more than the passage of time for the … Read more
via Bloomberg: When the market for any form of perceived value suddenly seizes up, its owners automatically gravitate toward stores of value they perceive are more stable, sane, and secure. Over a medium-term time frame, this has often meant shifting from risk assets to cash. To the US dollar. A fiat currency. A form of … Read more
via Economic Prism: When Fed-printed dollars are flowing freely through the banking system and out to consumers, bidding wars break out for everything. Stocks, bonds, housing…free debt means lots of easy capital with which to overpay for assets. And whoever it willing to borrow the most can overpay the most. What happens when that easy … Read more
by TFittonJW President Trump should intervene to get the truth out: If left to their own devices, Deep State would take years to release the truth: Judicial Watch is in court right now battling THIS Justice Department and THIS FBI: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-fbi-ask-strzok-page-preserve-records/
https://twitter.com/OccupyWisdom/status/999660045704073216 Italy 🇮🇹 Euro liabilities of Financial System 24% of GDP, Debt to GDP 132% with short term maturities above 20% of GDP. Populists think they will exit the euro, print Lira and increase pensions, spending, salaries and export more to the countries they default on. Magic pic.twitter.com/eosYHbMgKS — Daniel Lacalle (@dlacalle_IA) May 24, 2018 … Read more
by John Rubino David McAlvany: We’re entering a secular bear market. Martin Armstrong: Interest rates are going to jump. Peter Schiff: The calm before the storm. Trace Mayer: Bitcoin is consolidating before the next leg up.
By Bob Shanahan Cover image via Pixabay America’s current economic situation is not one of financial security or encouraging growth. Below the surface of our 106+ month-long “recovery,” now the second longest on record, is a sense of anxious anarchy in American households. Working men and women are struggling to make ends meet and … Read more
by visualcapitalist In the high stakes game of international trade, holding onto a stockpile of foreign cash gives you options. Forex reserves can help buoy the local currency or even provide much-needed insurance in the case of a national economic emergency. And when reserves are plentiful, a country can even use them to wield influence on … Read more
by Kimble Charting Solutions The gold/silver ratio (atypically shown here in the reverse as the silver/gold ratio) has been a very accurate buy signal for silver time and time again. When the gold/silver ratio reaches 80 (or as displayed here in the inverse, about 0.125 as the silver/gold ratio), it has always paid off handsomely to load up … Read more
by COMPUTER1313 https://www.economist.com/special-report/2018/05/19/why-many-rich-chinese-dont-live-in-china In 2017 more than 46% of Chinese with fortunes between 10m and 200m yuan ($1.3m-26.3m) were thinking of emigrating, according to a survey by Hurun, the research company in Shanghai. In a joint survey with Visas Consulting Group, a Canadian firm, more than three-quarters of respondents mentioned their children’s education as a reason. … Read more
https://www.canopygrowth.com/wp-content/uploads/2018/05/20180523-CGC-on-NYSE-NR-final.pdf Be careful today. Stock has gone up $10/share CAD the past week. Might be buy the rumor, sell the news type of event. AC Disclaimer: Consult your financial professional before making any investment decision.
by I_eat_insects Many of us “know” not to time the market and to avoid over-hyped stocks, but despite this we sometimes let our less rationale selves win. That’s what I did and I lost $5745 since Jan 6th of this year. Lost $470 because I decided to drop $1000 into bitcoin due to all the … Read more
https://twitter.com/OccupyWisdom/status/999665430351482881 Delinquency rates on store-branded credit cards have reached a seven-year high, according to credit bureau Equifax, possibly signaling broader troubles for household debt down the road. https://t.co/L4dWkVGF5C — Jesse Felder (@jessefelder) May 24, 2018 https://twitter.com/OccupyWisdom/status/999665966006095872 Delinquency rates on store-branded credit cards have reached a seven-year high, according to credit bureau Equifax, possibly signaling broader … Read more
https://www.youtube.com/watch?v=xCDY7OjeND8 DOJ, FBI to brief ‘Gang of 8’ lawmakers on Russia probe after meeting with Nunes, Gowdy http://www.foxnews.com/politics/2018/…
by FS Listen to this podcast on our site by clicking here or subscribe on iTunes here. We’re likely to see two or three more rate hikes this year and the continuation of quantitative tightening, through which the Fed is on course to drain $420 billion dollars of liquidity from the markets. Earnings growth has been discounted at … Read more
https://www.youtube.com/watch?v=IUFNYSZUdPk Stephanie Hamill for the Daily Caller reports, An Alexandria General District Court judge on Monday found University of Nebraska-Lincoln professor Patricia Wonch Hill, guilty of vandalizing the home of NRA Chief Lobbyist Chris Cox in Alexandria, Va. Read More/Source/Credit/FairUse: http://dailycaller.com/2018/05/21/pro…
NEW YORK (CBSNewYork) – From a crackdown on K2 overdoseson Brooklyn sidewalks, to syringes littering a Bronx park, New York City’s drug crisis has been on full view this week. The question is: What is City Hall doing about it? “We don’t want anybody in the city having to see that or experience that,” said Mayor de Blasio when … Read more
Home Values Rise at Fastest Pace in 12 Years Median home values across the nation rose 8.7 percent over the past year to $215,600, according to the April Zillow Real Estate Market Report – Home values across the U.S. are rising at their fastest pace since June 2006. – The median U.S. home value is … Read more
