by Martin Armstrong It really is stunning how politicians in Europe are so disconnected with the people. The press bashes those in Britain who are against “refugee” immigration from the Middle East as RACISTS, despite the fact that they are of all races and Islam is not a race, it is a religion. It is amazing how they throw … Read more
by Jim Rickards of Daily Reckoning Investors can be forgiven for thinking they hit the trifecta last Friday. The U.S. Bureau of Labor Statistics reported that unemployment had dropped to 3.9%, the lowest in almost 20 years. The Federal Reserve Bank of Atlanta reported that its widely followed GDP forecasting tool was showing projected growth for the second … Read more
by Simon Black As if things weren’t bad enough for beleaguered Tesla… The company lost $1.1 billion in cash in the last quarter, executives are leaving the company in droves, it’s facing production issues with its Model 3 and, as I recently discussed, Elon Musk insulted analysts on the latest earnings call by dismissing their questions – … Read more
by Dr. Eowyn I know, I know. The answer to that question is as numerous as stars in the heavens. Recently, DCG did a post on a strange bulge under Hillary’s jacket. Hillary had sported strange bulges on her back before — under her green jacket at a private fundraiser on the evening of February 24, 2016 in the … Read more
Making a complaint is rarely a pleasant experience. When something has gone awry with a business transaction, even if there are policies in place to help you resolve the issue, supposedly to everyone’s satisfaction, often the fact of having to do so is enough to make you feel angry and/or upset. Certainly, that can be … Read more
by Martin Armstrong QUESTION: Hi there Mr. Armstrong In attempting to synthesize some of your past comments, I wonder if it is accurate to conclude that rate hikes are the lesser of two evils between collapsing pension funds and higher debt servicing costs? If so, the implication is that budgets don’t matter, since it appears you … Read more
via silverdoctors: Call it “Shadow De-dollarization” or “Backdoor De-dollarization”, but no matter what you call it, this scheme is pure genius. Here’s the details… Selling their massive hoard of U.S. treasuries is not the only way that China can “dump the dollar”. Here’s a look at a crude (pun and no pun intended) and clever way … Read more
by Dave Kranzler of Investment Research Dynamics Other people’s money is always more fun to play with recklessly than your own. As such there’s been a quiet escalation in number of private capital pools offering mortgage (and auto) financing to subprime quality borrowers. “Special Circumstance Lending” is one such lender in Denver. It constantly runs ads on Denver … Read more
by stockboardasset It is an uncomfortable time for Taiwan. China’s People’s Liberation Army (PLA) began a dangerous “island encirclement” war drill around the country, which on Friday saw bombers and fighter jets simulating strikes on Taiwanese targets for the first time. It seems as Beijing will not wait for reunification; it wishes to intimidate the island … Read more
by Sara Tipton “Nightmare bacteria” with unusual resistance to antibiotics of last resort were found more than 200 times in the United States last year in a first-of-its-kind hunt to see how much of a threat these rare cases have become. It’s also important to realize that there are steps that can be taken to help … Read more
by MGoAzul Just received the below email from Divy saying they are shutting down their consumer-facing fractional share brokerage and focusing on the commercial business. Cool idea, shame it’s closing down: Dear Client: We are making some changes to our business at Divy Equities as our parent company, Divy Inc., turns its primary focus from … Read more
https://www.sec.gov/Archives/edgar/data/1536411/000153641118000008/xslForm13F_X01/form13f_20180331.xml Largest Holdings representing 75% of his portfolio are : Google Amazon Microsoft Salesforce Alibaba It is interesting that for such a tech heavy portfolio he doesn’t own Apple or Facebook h/t vegaseller
Peter Schiff, Released on 5/15/18 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including … Read more
The controversial Father Coughlin speaks against the Federal Reserve Part of a speech by Father Charles Coughlin at a political rally in Illinois, 1936. Father Coughlin During his time in the public eye, Father Charles Coughlin became one of the most revered figures in the Depression era of American history. Known for delving into politics … Read more
Chart of the Day: "Uncle Sam’s Free Money Drying Up Fast" h/t @DA_Stockman pic.twitter.com/JQaVNxFGsX — Alastair (@StockBoardAsset) May 16, 2018 global synchronized growth narrative collapses pic.twitter.com/8bjvPwWhHx — Alastair (@StockBoardAsset) May 16, 2018 BBG: JPN's economy shrank for the first time in 2 years during the 1st quarter, contracting more than expected on a surprise fall … Read more
Synopsis: Slowly, but relentlessly, the group of experts mostly coalescing around Fox News, are assembling not only the truth about what has been going on for the last 9 years, but gigantic and lawless scope of it. Former US Attorney for the District of Columbia, Joe DiGenova and former Federal Prosecutor Sidney Powell, summed up … Read more
Sean Parker and Chamath Palihapitiya talks about how Facebook and other social media is destroying our society.
This week we talk about how the Bond Market is losing its biggest customer in world history, central banks. Liquidity doesn’t exist today without central bank printing and intervention. Gluskin Sheff economist David Rosenberg says to prepare for inflation and $3,000 – $5,000 gold. Inflation is an emotion, being caught off guard is the trigger. … Read more
https://www.youtube.com/watch?v=iHDp9GmqOoA
https://www.youtube.com/watch?v=oGm0qXBv7RU Trump team ready to ‘pressure’ Mueller at probe’s one-year mark https://www.politico.com/story/2018/0… Judge rejects Manafort motion to dismiss Russia probe charges http://thehill.com/regulation/court-b… U.S. identifies suspect in major leak of CIA hacking tools https://www.washingtonpost.com/world/national-security/us-identifies-suspect-in-major-leak-of-cia-hacking-tools/2018/05/15/5d5ef3f8-5865-11e8-8836-a4a123c359ab_story.html?noredirect=on&utm_term=.b1b6abea69c9