Doug Casey on the World’s First Government-Backed Cryptocurrency

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Via Casey Research Justin’s note: Venezuela just introduced its own cryptocurrency. That’s right… The country battling chronic food shortages, runaway inflation, and widespread violence launched the world’s first government-backed cryptocurrency. Each one of these coins is supposedly backed by one barrel of oil, so the government is calling it the “petro.” President Nicolás Maduro claims the … Read more

Amazon Loses $53 Billion in Market Value, Becoming FAANG’s Biggest Loser

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Image by iStock.com/simonkr From Elena Popina and Kamaron Leach at Bloomberg: Move over, Facebook. U.S. investors have a new punching bag among the FAANGs: Amazon.com, Inc. Facebook Inc. gave up the top loser spot to Amazon.com, which lost $53 billion in market value on Wednesday after Axios reported that President Donald Trump is “obsessed” with regulating the e-commerce behemoth. The social media giant had … Read more

Russia to Expel 60 U.S. Diplomats, Close St. Petersburg Consulate… Tensions Reach Fever Pitch… ‘New Cold War Approaching’

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Russia Says It Will Expel 60 U.S. Diplomats in Retaliation for Trump’s Move U.S. consulate in Russia’s second-biggest city to be closed ‘There is no justification for this response,’ U.S. counters Russia said it’s expelling 60 U.S. diplomats and closing the American consulate in St. Petersburg and will retaliate in kind to other countries that … Read more

Obama Whines About The Internet Giving News He Doesn’t Like

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https://www.youtube.com/watch?v=Yrv3G9X6q7Q Hank Berrien for the Daily Wire reports, Speaking at the Fourth Global Opinion Leaders Summit in Japan over the weekend, former President Barack Obama lamented the wide array of news sources that exist now as opposed to the days when three television networks controlled the dispensing of news, opined that his administration had shut … Read more

Lawmakers Just Restored American Right Effective IMMEDIATELY!

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https://www.youtube.com/watch?v=D3IEWDHNc2k Amanda Shea for the Daily Vine reports, One of the key elements to destroying our Christian nation was to remove God from every facet of society. Obama succeeded in doing that under the guise of “separation of church and state.” Read More/Source/Credit/FairUse: https://daily-vine.com/lawmakers-just…  

Time Is Running Out For Atlanta In Ransomware Attack

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Time is running out for the city of Atlanta, which was given until Wednesday to pay off the cyberattackers who laid siege to city government data and are threatening to wipe the computers clean. But, as Georgia Public Broadcasting’s Emily Cureton reported for NPR, even if officials authorized the six-bitcoin ransom payment — currently worth … Read more

THE END OF THE ROAD, A DOLLAR CRISIS OR A FINANCIAL CRISIS ?

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h/t @OccupyWisdom 2s-10s: 47bpsLibor-10s: 43bps pic.twitter.com/XN9klMy6Xy — zerohedge (@zerohedge) March 29, 2018 "Equity market sell-off was due to a repricing of growth expectations rather than ‘Trade War Fears’ due to the continued decline in the rate of money supply growth" https://t.co/3Y8n5IsR5X $SPX $VIX — Alastair (@StockBoardAsset) March 29, 2018 Chart (@MBAMortgage): US home purchase mortgage application … Read more

David Rosenberg: 5 Indicators Show That We Are at a Cyclical Peak

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BY JOHN MAULDIN The FAANG stocks have ruled the technology sector the last few years and have had a heavy influence on the entire stock market. Apple is the world’s most valuable company by market capitalization, with Amazon and Google not far behind. So anyone indexing US large-cap equities—which means almost anyone with investment capital—simply must own them. Here’s … Read more

False Flags and their history, and why is it still a huge taboo despite the evidence of their existence in recent history?

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We all have been subject to at best a raised eye brown, but for the most part instant ridicule, whenever a question about possible falls flag action is raised. History has shown us that governments across the world are indeed executing falls flag actions of various degree and severities. From declaring wars: https://en.wikipedia.org/wiki/Shelling_of_Mainila https://en.wikipedia.org/wiki/Gleiwitz_incident Some … Read more

Bank of Montreal has blocked all credit, debit and online payments to crypto-currency exchanges because they claim Bitcoin

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The Bank of Montreal has blocked all credit, debit and online payments to cryptocurrency exchanges because they claim Bitcoin is too volatile. The legacy financial system remains the biggest single point of failure to the success of crypto markets. The Bank of Montreal has blocked all credit, debit and online payments to cryptocurrency exchanges because … Read more

Do Stocks Really Like Higher Rates?

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by Lance Roberts LPL Research recently penned an interesting post entitled “Why Stocks Like Higher Rates.”  “What does it mean for equities if rates and yields do indeed go higher? Fortunately, to the surprise of many, stocks historically do very well when rates increase. Since 1996, stocks gained all 11 times we saw higher rates,”  Here is … Read more

This is rich: Seattle socialist councilmember Kshama Sawant says we need to “fight for our rights”

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by DCG And she’s not speaking about the Second Amendment right. She’s speaking about the right to tax big businesses to solve the city’s homelessness crisis… From MyNorthwest.com: The city’s latest attempt at a business head tax will not only solve the homelessness crisis, it will help the affordable housing problem, too, Seattle Councilmember Kshama Sawant argues. “This … Read more

Mexican Drug Kingpin Smuggled Enough Fentanyl To ‘Kill Millions’ In NYC

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by stockboardasset An alleged Mexican drug kingpin and five of his accomplices have just been indicted for smuggling enough fentanyl from Mexico into New York City “to kill millions,” officials announced Tuesday. An undercover investigation by the U.S. Drug Enforcement Administration, NYC Special Narcotics Prosecutor Unit, and local law enforcement agencies discovered that San José del … Read more