by Daisy Luther, The Organic Prepper Everyone is talking about World War III right now, and I hate to be the one to say this, but…all I can wonder is whether we’re being manipulated into a fight we can’t win. This is probably going to make some folks mad, but there are some facts, statistics, … Read more
by Ruby Henley There is something very disturbing occurring in the QAnon community. In his last “drop” he stated: “10 DAYS OR LESS LEFT? GOOD INTELligence on why it is out of our hands now… PRAY ANGELS! GOOD MUST WIN! EVIL MUST BE DEFEATED COMPLETELY … THINK DOOR-TO-DOOR … ACT NOW Q! ACT NOW XI … Read more
Judge James Ho of the U.S. Court of Appeals for the Fifth Circuit, a Trump appointee: To be sure, many Americans of good faith bemoan the amount of money spent on campaign contributions and political speech. But if you don’t like big money in politics, then you should oppose big government in our lives. Because … Read more
New trends and ventures often need acceptance from traditional institutions for them to get a semblance of legitimacy. Take Bitcoin and cryptocurrencies, for example. It was only when institutional investors entered the market and exchanges such as Cboe and CME started trading Bitcoin futures that many showed a more favorable attitude towards cryptocurrencies. Today, blockchain … Read more
by Eazy_DuzIt https://www.sec.gov/news/press-release/2018-68 Washington D.C., April 18, 2018 — The Securities and Exchange Commission today voted to propose a package of rulemakings and interpretations designed to enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving access to a variety of types of advice relationships and investment products. Under proposed Regulation … Read more
An interesting article on scam investments and binary options for the Instagram generation… and the influence of #richkidsofinstagram https://www.theguardian.com/news/2018/apr/19/wolves-of-instagram-jordan-belmont-social-media-traders The basic premise of these scams are “What wolves like Oyefeso fail to declare is that each of the trading platforms you sign up to (with a minimum deposit of £250) pays him around £40-80 – … Read more
by ThirtyLastCalls I turned 26 in the fall of 2017. I applied for coverage, selected a plan, and uploaded my 1099 within 60 days of my birthday. I paid $71 on January 15 for coverage beginning on February 1st. When I logged in to make a payment in Feb, I didn’t have the information I … Read more
by workerdaemon Here is how I’m prioritizing the distribution of our household income: Max 401k (has 50% employer matching) Max IRA Save 1 month’s worth of bills (I have enough access to credit to handle worse scenarios) Pay down 10.75% loan Pay down 2.88% loan It seems like with the 50% employer matching, it makes … Read more
by AlexPitti The yield curve is flattening as the difference between the 10 year treasury and 2 year yield is 44 basis points. That’s not enough to worry about a recession now, but some analysts are extrapolating continued flattening to predict a recession is coming in 1-2 years. The Fed is flattening the curve by raising … Read more
by throw_me_in_garbage I’m in significant credit card debt for various reasons. Most of it was unavoidable home repairs and renovations to prepare to sell my house (it was a heavy fixer-upper and my family needed a place to live) but some was spent helping family who lost their jobs/faced health crises, and a chunk of … Read more
Image by Flickr/ILRI From CNBC: The 2008 financial crisis led to the Great Recession and millions of jobs lost. It took years for America to recover and many citizens still feel the ripple effects. According to Microsoft co-founder Bill Gates, though, we should be braced for another one. During a Reddit “Ask Me Anything” last week, when Gates … Read more
by Doug Kass * Adding to my large SPY short * Downside risk grows relative to upside reward I have been shorting (on a scale higher) SPDR S&P 500 ETF (SPY) most of the day — adding to an already large short position. There are a number of factors contributing to this move: * Narrow market leadership. (We are … Read more
by visualcapitalist In the original whitepaper, Satoshi Nakamoto envisioned Bitcoin as a peer-to-peer version of electronic cash that would facilitate transactions without the oversight on a trustworthy, centralized party. Since then, cryptocurrency has surged in popularity as an asset class – and Bitcoin is now just one of many digital currencies out there. Investment has poured … Read more
Another dump was made in Bitcoin, this time it was 50 million worth of digital currency, this drop came one day after the third largest bicoin wallet unloaded 50 million. Trump opposes the TPP, looked at it and it will not fit into the new trade system that he is creating. IMF sounds the alarm … Read more
by Marshall Swing of The Church of Acts Been busy the last few days and just taking a few moments to update folks on what is going on in silver and gold. And still hoping I get some time in the next few days to write that article giving more insight into position reversal indicators that I use … Read more
by Martin Armstrong While the majority keep bashing the Federal Reserve, other central banks seem to escape any criticism. The European Central Bank under Mario Draghi has engaged in what history will call the Great Monetary Experiment of the 21st Century – the daring experiment of negative interest rates. A look behind the scenes reveals that … Read more
by DCG Assemblyman Jim Cooper From Sacramento Bee: Following the February school massacre in Parkland, Fla., California legislators responded as they often do after a mass shooting, with proposals to further tighten the state’s strict gun control laws. But the killings – and a national protest movement that they inspired – have also raised questions across the country about how best to … Read more
by jessefelder Since putting in a major bottom in 2009, the U.S. equity market has dramatically outperformed the rest of the world. This may have something to do with the fact that the Fed explicitly encouraged greater risk taking on the part of investors by buying up trillions of dollars of risk-free instruments over that span. … Read more
The corporate media is pushing fake Cohen/Trump Russian collusion stories, Mueller pushes the corporate media to stop the fake news. Certain government employees are pushing for a criminal investigation against Comey, Lynch, McCabe and Rosenstein. Trump reports Pompeo met with Kim Jong Un. Russia says it has received word that there will be no new … Read more
Image by iStock/DNY59 From Jim Rickards, Editor, The Daily Reckoning: All financial crises are the same and different at the same time. They are the same when it comes to the dynamics of contagion, illiquidity, bank failures and the high-panic state in which everyone in the world wants his money back at the same time. Yet … Read more