Is This The Long-Awaited Silver Short Squeeze, The Beginning Of The Next Bull Market, Or Both? Or, Sigh, Neither?

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by John Rubino Silver’s popping today. Which is what people following the futures market action have been expecting for several months now. Speculators – usually wrong at big turning points and almost always at least slightly net long silver – have suddenly gone net short. This is almost unprecedented, and implies that a short squeeze … Read more

Our Strange Attraction to Self-Destructive Behaviors, Choices and Incentives

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by Charles Hugh-Smith Self-destruction isn’t a bug, it’s a feature of our socio-economic system. The gravitational pull of self-destructive behaviors, choices and incentives is scale-invariant, meaning that we can discern the strange attraction to self-destruction in the entire scale of human experience, from individuals to families to groups to entire societies. The proliferation of self-destructive … Read more

The Corruption of Evidence Based Medicine

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The pharmaceutical companies have bribed so many doctors, so many journal editors, that medical articles can no longer be trusted. American medicine has become completely corrupted.     The idea of Evidence Based Medicine (EBM) is great. The reality, though, not so much. Human perception is often flawed, so the premise of EBM is to formally study … Read more

Nearly One-Third of U.S. Lottery Winners Declare Bankruptcy

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “I wish I’d torn that ticket up.” Wolf here: The other day, I wrote about the $73 billion in Voluntary Taxes that Consumers Pay Eagerly and with Great Excitement. That $73 billion were the lottery revenues in 2016, according to the Census Bureau, up 9% from a year earlier. States, which run … Read more

Junk Bond Market Still in Total Denial, Fighting the Fed – Happily Dreaming In La-la-land Till The Rude Awakening.

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The Fed’s efforts to raise interest rates across the spectrum have borne fruit only in limited fashion. In the Treasury market, yields of longer-dated securities have not risen as sharply (prices fall when yields rise) as they have with Treasuries of shorter maturities. The two-year yield has surged to 2.41% on … Read more

Late-Cycle Commodity Surge Under Way, Says Frank Barbera

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by FS According to the Game Plan for Late-Cycle Investing, as the economy moves towards its latter stages, commodities tend to outperform equities and other asset classes. Frank Barbera—market technician, portfolio manager, and editor of the Gold Stock Technician newsletter—believes we’re likely in that process right now and recently discussed his outlook on the stock market, … Read more

BREAKING: Mexico Agrees To Pay for Wall – Offering Emergency Deal To Close NAFTA Tariff Loophole…

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by sundance Allow me to introduce:”SUPER-MAGA-NAFTA-WINNING“ This Reuters article is framed around Mexico making a surprise announcement they will support the U.S. steel tariff against China by shutting down the NAFTA back door on that specific trade segment….  However, the bigger story is Mexico’s admission/concession to the U.S. trade position that Canada and Mexico structure access to the U.S. market … Read more

Dick’s Sporting Goods to destroy all firearms pulled from shelves

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by DCG Whatever makes them feeeeeeel good. Hope their stockholders are happy because this just means more business for Cabela’s. From Fox News: Dick’s Sporting Goods announced on Monday it will destroy all of the unsold firearms it pulled off store shelves in February after the deadly Parkland school shooting. The sports retailer decided to destroy the assault-style rifles instead of … Read more

Shortly After Publishing Soros Story, The Gateway Pundit Under Fire By Massive DDoS Attacks Originating In California

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The Gateway Pundit has been under constant DDoS attack for the past two days from an unknown source originating in California, DC, and Seattle. A DDoS (short for distributed denial of service) attack is a cyber attack that floods a website with so much fake traffic that the server that the infrastructure that hosts the … Read more

640 pounds of explosives stolen… Something big coming?

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http://www.wgal.com/article/640-pounds-of-major-explosives-stolen-in-lancaster-county-officials-say/19844456 The Bureau of Alcohol, Tobacco, Firearms and Explosives said Gregory General Contracting Company reported that approximately 640 pounds of dynamite and 400 blasting caps were taken. The explosives were stored in a locked truck trailer left at the site on River Road in Marietta on Friday, according to the ATF. The work site security … Read more

Trump looking to fund ‘Arab army’ in Syria – report

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Just days after the Trump administration launched a missile attack against the Syrian government, reports have emerged saying the president is now exploring creative options for maintaining a US-aligned Arab army in Syria. Trump seeking Arab army to replace US troops in Syria Saudi Arabia’s Foreign Minister repeats the kingdom’s willingness to deploy troops to … Read more