Jim Rickards: The Fed Can’t Just Monetize The Debt Forever Because Of A Thing Called ‘Psychology’

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by Jim Rickards via Daily Reckoning Despite the absence of any empirical support, Fed governors and staff economics persist in their reliance on the Phillips Curve, which predicts that low unemployment leads to rising inflation. U.S. unemployment at around 4% is in fact at 17-year lows. The Fed insists that the time to tighten monetary conditions is now, … Read more

The 2018 Canadian Budget Contains More Bond Buybacks! – Desperate To Avoid Bankruptcy

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Josh Sigurdson talks further with author and economic analyst John Sneisen about the 2018 Canadian budget as we continue our series! This time around, we talk about bond buybacks and how the Canadian government and central banks are desperately trying to avoid bankruptcy. It is approaching the point of no return and this bond buyback … Read more

Border protection officer hired in 2012 falsely claimed to be a US citizen

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by DCG  From Fox News: A border protection officer claimed he was born in Texas when he’s actually a native of Mexico and illegally obtained a job with the agency charged with protecting the nation’s border, federal officials said Friday. Marco Antonio De la Garza Jr., 37, faces criminal charges related to passport fraud and making false statements to … Read more

London House Prices Drop at the Fastest Pace Since 2009, China at Risk of Banking Crisis

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Acadata report shows values fell 2.6% in year through January Sustained weakness in the capital drags down national growth London house prices are falling at the fastest pace since the depths of the recession almost a decade ago, with the capital’s most expensive areas seeing the biggest declines. Average prices fell to 593,396 pounds ($820,000) … Read more

Major Campaign Promise Fulfilled After Trump Hotels Made Over $100K From Foreign Gov’ts

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https://www.youtube.com/watch?v=3IYfK7_croA Thomas Phippen for the Western Journal reports, The Trump Organization made a voluntary payment of $151,470 to the Department of the Treasury to keep a promise that the company would not benefit from foreign government payments while Donald Trump is president. Read More/Source/Credit/FairUse: https://www.westernjournal.com/major-campaign-promise-fulfilled-after-trump-hotels-made-over-100k-from-foreign-govts/

CIA Agents Running As Democrats In 2018 Elections

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An extraordinary number of former intelligence and military operatives from the CIA, Pentagon, National Security Council and State Department are seeking nomination as Democratic candidates for Congress in the 2018 midterm elections. The potential influx of military-intelligence personnel into the legislature has no precedent in US political history. If the Democrats capture a majority in … Read more

Congress just proposed a bill that would impose a 20% tax on sale of firearms and a 50% tax on sale of cartridges and shells! Tell Congress NO!

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https://www.congress.gov/bill/115th-congress/house-bill/5103/text The $200 NFA tax goes up to $500, and the $5 tax for AOWs and other qualified items goes up to $100. Which obviously makes sense, because the people submitting to a rigorous BATFE background check and waiting 6-12 months for their paperwork to legally purchase their extra-fun bits over the counter, are the ones shooting up schools, … Read more

6 Terrifying Charts That Spell Trouble For Stock Market

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Chart: Relative performance of the S&P500 Equal-Weighted Index vs. S&P 500; large caps have been driving gains lately – pic.twitter.com/k8uPIGwso1 — (((The Daily Shot))) (@SoberLook) March 13, 2018 Chart: US LIBOR-OIS spread widens to the highest level since 2012 as tax-driven capital repatriation leaves a shortage of dollars outside of the US – pic.twitter.com/2dnBylxuY0 — … Read more

Over 500 Canadian doctors protest raises, say they're being paid too much

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https://www.cnbc.com/2018/03/06/canadian-doctor-protest-their-own-pay-raises.html?__source=sharebar “We, Quebec doctors who believe in a strong public system, oppose the recent salary increases negotiated by our medical federations,” the letter says. The group say they are offended that they would receive raises when nurses and patients are struggling. How much should these hard working people sacrifice? I believe their sacrifice to be … Read more

Hungary’s Gold Repatriation Adds To Growing Protest Against US Dollar Hegemony

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by GoldCore – Hungarian National Bank (MNB) to repatriate 100,000 ounces gold from Bank of England – Follows trend of Netherlands, Germany, Austria and Belgium each looking to bring gold back to home soil – Hungary one of the smallest gold owners amongst central banks, with just 5 tonnes – Central bank gold purchases continue to … Read more