by Martin Armstrong QUESTION: Socrates did an amazing job. It called the high in BitCoin right to the day. That makes me wonder. After thinking quietly about the claim that cryptocurrencies will replace everything as a new world monetary system because it will not be centralized and created by a central bank, this seems to be … Read more
by sundance The Department of Justice Inspector General will soon release a report on the government’s investigation of Hillary Clinton’s mishandling of classified information. It’s taken a long time; and with good reason. The scale of the misconduct and criminal activity is staggering. The video below is the final installment of six segments. This report covers the … Read more
via americanmilitarynews: Former California Sen. Leland Yee was sentenced to five years in prison on Wednesday for accepting bribes and trafficking in arms. Throughout Yee’s political career, he was a staunch gun control advocate, the Washington Post reported. Yee was arrested for his role in an FBI sting operation that was investigating organized crime in San Francisco’s … Read more
by Martin Armstrong COMMENT #1: You were right. You said there would be a political change here in Malaysia in 2018 at your Bangkok conference. How do you do this? I am coming to Singapore. COMMENT#2: Wind of change has swept through Malaysia on May 9th as incumbent Barisan Nasional (BN) coalition 61-year rule since 1957 Independence … Read more
by Martin Armstrong COMMENT: You always support the rich and never see what they do to the rest of us. LW ANSWER: You simply believe the propaganda of governments. The rich get richer by INVESTING in assets. They list Bill Gates among the top in the world. Do you really think one gets rich by making more per hour … Read more
via Steven Hansen Summary The Consumer Price Index released this week shows core inflation running at 2.1% with the CPI-U at 2.5%. The GDP price index showed inflation at 2.8%. As inflation now is above the Fed target of 2.0% – what is next? It does appear that inflation has finally reached the Federal Reserve target … Read more
by Jim Quinn You will find more infographics at Statista Last year, 46 U.S. police officers were killed by felons in the line of duty while 47 died accidentally, according to new figures released by the FBI. Their average age was 38, with an average tenure of 11 years in law enforcement. 43 of the officers killed by felons were … Read more
Last year an American company microchipped dozens of its workers. In a “chip party”, employees lined up to have a device implanted under the skin between their thumb and forefinger. At first, Todd Westby, the CEO of Three Square Market, thought only about five or six people would volunteer. But of the 90 people who … Read more
by TFittonJW Judicial Watch carries on its back the work of oversight of Mueller operation: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-emails-show-fbi-advised-comey-consult-muellers-office-prior-june-2017-testimony/ Our recent update: Discussion on Fox on our big find:
https://www.youtube.com/watch?v=vLKjUcPjmic U.S. Military Just Released This New Stunning Aerial Footage Of Hawaii Kilauea Volcano (TTM)
via Econimica When I’m wrong, it’s best to just admit it. I thought the market would be tanking soon into another ’00 or ’09 like collapse based on what I anticipated banks would be doing with their excess reserves. I believed the process of the Fed reducing its balance sheet coupled with rising interest paid on … Read more
by ludwigvon An “Audible Gasp” Was Heard When The Chicago Fed Unveiled Its “Solution” To The Pension Problem An audible gasp went out in the breakout room I was in at last month’s pension event cosponsored by The Civic Federation and the Federal Reserve Bank of Chicago. That was when a speaker from the Chicago … Read more
Here’s what’s new this week: A Sacramento County Superior Court Judge declined to drop felony charges against a leader of the so-called “Antifa.” The individual—47-year-old Yvette Felarca–was involved in a riot between approximately 300 Antifa types and 30 Alt-Right types in Sacramento in 2016. At that event, she was caught on video punching out one of the attendees. Unlike … Read more
Starting a new business or expanding your current business, especially in the Finland area can be exciting. Unfortunately, the only problem is that most individuals and business owners just don’t have the money to pay for a project like this outright. While certain business opportunities only come around once in a lifetime, you don’t want … Read more
https://www.youtube.com/watch?v=PRirZZEs-fI Today’s Guest: Charles Hugh Smith Websites: Of Two Minds http://www.oftwominds.com
via bradford-delong.com This year, 2018, will be the 11th year after the 2007 business cycle peak that preceded what is generally called the “Great Recession“. This year American national income per capita will be about 7.5% above its 2007 level. If we are lucky we will hit 10% above 2007 in 2020. That is growth of … Read more
by jasonlong1212 Model: I wish to maintain a portfolio that began in June 2017 at $1,025,772. My maximum withdrawal rate is 3% of each year’s starting balance, provided that the portfolio remains above $1M. Should the portfolio drop below $1M, I will lock back into a maximum $2500 per month ($30k per year) guardrail withdrawal … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But the crash-insurance policy is a one-time deal. And then what? The 85% of S&P 500 companies that have reported earnings so far disclosed they’d bought back $158 billion of their own shares in Q1, according to the Wall Street Journal. The quarterly record of $164 billion was set in Q1 2016. … Read more
by andthenisawtheblood Article link. Full Text: From his home office in Charlotte, one of the most successful investors in higher education plies his trade in blissful obscurity. Bill Abt employs no stable of hotshot bond traders. He doesn’t dabble in the fanciest Silicon Valley venture capital funds, hedge funds, or the latest computer-driven brainchildren of … Read more
