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by John Rubino Back in 2005 a reporter took a tour of General Motors’ headquarters, and in the resulting article one thing stood out: The executives and engineers the reporter interviewed were only modestly enthused about their sedans and sub-compacts. But they really liked talking about their expanded line of Hummers. Then oil spiked and … Read more
BY PATRICK WATSON Economics is the study of people’s rational choices in scarcity and uncertainty. The problem: people aren’t rational. They often act against their own economic interests—or appear to. So we have behavioral economics to figure out why. Now, you might think businesses are different since they focus on the bottom line, not vague feelings. Yet companies … Read more
David Morgan of The Morgan Report interviewed by Silver Doctors Gold and silver are still in consolidation. However, the gold/silver ratio is coming down. And both metals continue to make higher lows. Morgan expects a move to the upside. Is silver in a deficit? This depends on your definition of “deficit.” The truth is, the above ground inventory of … Read more
BY SRSROCCO The U.S. gold exports to Hong Kong surged in February consuming nearly all of the domestic gold mine supply. According to the USGS recent Gold Mineral Industry Survey, February gold exports to Hong Kong more than doubled compared to the prior month. This was an interesting increase in gold demand from Hong Kong as … Read more
via Investment Research Dynamics JD Powers and LMC Automotive are projecting auto sales to drop 8% in April from a year-ago April: For much of the past two years, the discounts offered by automakers have remained at levels that industry analysts say are unsustainable and unhealthy in the long term…Sales are expected to drop further … Read more
via the Felder Report It seems everyone is talking about the yield curve right now. It also seems most economists and investors are quick to dismiss what would typically signal a clear economic warning as nothing worth worrying about. But from where I sit it looks like this could be a red flag worth paying … Read more
from Financial Survival Network The most important thing in life is to be a free thinker, a critical thinker, capable of detaching from the masses and arriving at your own well thought-out conclusions and opinions. It is the only true path to fulfillment and satisfaction in life. Unfortunately, all too few of us ever attempt it. … Read more
by John Coumarianos In early March, we reprinted an article I wrote for Citywire on bubbles. That article focused on an academic paper called “Bubbles for Fama” by Robin Greenwood, Andrei Shleifer, and Yang You on spotting bubbles that tried to provide a definition that would satisfy proponents of the efficient markets hypothesis who doubt that bubbles … Read more
by alexander7k The TV is the worst invention that humankind has ever created, it has radically transformed a society of simple small communities into large disoriented communities of brainwashed zombies. When there is an important event, the TV will just deceive you and send you into a dead alley. The rest of the time it will … Read more
from Financial Survival Network Rick Ackerman joined us today for a quick look at the market and the economy. Rick says that the only stock you need to watch is Amazon. It’s holdings are vast and its impact upon the New Economy is great. The market could be telling us the stock and therefore the economy are … Read more
https://www.youtube.com/watch?v=Oou2PmCNxQs The Associated Press published a story about a golf course calling the police on black women members who were playing too slowly. If the story is accurate, it does seem like a bad reason to call the police. However, liberals immediately made it about race and police hating.
https://www.youtube.com/watch?v=Ims0lURmeGc The Chris Christie-appointed head of the Port Authority’s ethics committee resigned after she allegedly flashed her badge after her teenage daughter was pulled over by the cops, a new report said Monday. http://marygreeley.com/?p=68947
by Thinker So many lies have been told by mainstream media and many political figures to hide the crimes of others, that many are having a hard time remembering what they said. Its easier to tell the truth and then you don’t have to remember anything. The lies that have been told to try to … Read more
In fact, they’ve climbed so much, according to a recent analysis by Citigroup, that the Postal Service should be charging Amazon $1.46 more per package than the $2 or so it does now. “Amazon now enjoys low rates unavailable to its competitors,” the Journal story said. “It’s as if Amazon gets a subsidized space on every … Read more
A new exposé by The Intercept confirms how powerful Democratic officials have worked to crush competitive progressive candidates in primaries around the US, choosing instead to back moderate, business-friendly candidates. This comes after President Obama used his farewell address to encourage Americans upset about the outcome of the 2016 election to take action by running … Read more
Mueller ignores all the law breakers on the Left and focuses only on the Trump team – The Double Standards of the Mueller Investigation The more Mueller searches for hypothetical lawbreaking, the more he ignores the actual lawbreakers. The country is about to witness an investigatory train wreck. In one direction, Special Counsel Robert Mueller’s … Read more
https://www.youtube.com/watch?v=VFFLwiq6QtU SOCIAL CREDIT SCORE SYSTEM GOES LIVE ACROSS 14 CITIES – Will It Be Going Global?
A new report by the Igarapé Institute, a Brazil-based think tank focused on security and development issues says that “The sheer dimensions of homicidal violence are breathtaking.” The publication, released on Thursday, paints a bleak portrait of what it calls the world’s most homicidal continent. Latin America suffers 33% of the world’s homicides despite having … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen about the coming pension crash as Jeff Desjardin predicts that the global pension shortfall will reach 400 trillion by the year 2050 based on analysis by the World Economic Forum showing the deficit is growing $28 billion every 24 hours and the combined retirement savings … Read more
What Do “Shadow Government” and “Deep State” Mean? Shadow government and deep state are both political terms in a sense, as they’re used to define the groups of people who control the U.S. government, not referring to the people within political parties that perceivably control the system — not the Presidents or Congress — but the … Read more