Bitcoin Double Top?
by Dave A close below the previous low of 9260 will confirm the double top. That would be in line with the current longer term bitcoin downtrend. Currently bitcoin is trading at 9000. More likely than not, we retest 6000.
by Dave A close below the previous low of 9260 will confirm the double top. That would be in line with the current longer term bitcoin downtrend. Currently bitcoin is trading at 9000. More likely than not, we retest 6000.
Are Pension Funds Embracing Too Much Risk? https://www.youtube.com/watch?v=a9GIF36r6IM Alarming: This huge pension fund loses 5% of its assets in just 11 trading days. Is the worst yet to arrive? According to EWI’s analysis, ALL investors need to learn how to get “financially safe.”
https://www.youtube.com/watch?v=pnkxRQl6tJI Police are too busy being social workers.
via Mike Mish Shedlock “Will there be a mismatch between what the U.S. wants to sell (Treasuries) and what the world wants to buy?” Brad Setser asks the above question in his “Follow the Money” post How Will the U.S. Fund its Twin Deficits? In the past few years, the U.S. Treasury has needed to, on net, … Read more
via Sid Verma HSBC’s famed bond bull Steven Major has a bearish warning as short-term dollar funding costs swell to levels last seen in the financial crisis. The Federal Reserve’s monetary tightening will increase yields on Treasury bills further and weigh on financial conditions, testing appetite for assets sensitive to the discount rate, he says. “Higher Treasury … Read more
IRS extorts millions from poor people by threatening to delay refunds. IRS is going to steal 600 dollars from me as I live just below the federal poverty line. No one is even talking about how the IRS is openly defying Trump’s EO. Not even Trump. Here is their official statement. https://www.irs.gov/tax-professionals/aca-information-center-for-tax-professionals “IRS Statement on … Read more
https://www.youtube.com/watch?v=FaNsiMhTRQs Synopsis: Mark Stein tonight did a great exposé on how off the wall Louis Farrakhan is, and how the Democrats are desperate for the MSM not to cover their connections to him. [insert]
by WARREN MOSLER Killing the goose that’s laying the golden eggs: Trump says China has been asked for plan to cut trade imbalance with U.S. Mar 7 (Reuters) — U.S. President Donald Trump said on Wednesday that China has been asked to develop a plan to reduce its trade surplus with the United States. Trump is … Read more
https://www.youtube.com/watch?v=Gd2wlhfrdnk I hope Gowdy stays safe. Clintons and the kenyan have lots of dead bodies, as in Fostered. DS
by Tom McClellan We are at a fascinating turning point in the market’s path, and it is worth reviewing some recent Chart In Focus stories to see how they turned out, and to look at what might lie ahead. I usually refrain from doing reruns, but in each case there is new information that I find … Read more
by Martin Armstrong The drop in the market yesterday was widely attributed to Gary Cohn resigning from the Trump Administration over his tariff policy. That must be a real shock because Gary Cohn has resigned as White House chief economic advisor. The press attributes Cohn’s planned departure comes on the heels of a decision by … Read more
By Jay Syrmopoulos Washington, D.C.— Rep. Thomas Massie (R-KY) took to social media to sound the alarm about gun control legislation he first warned about last year, which at the time was coupled with H.R. 38, the Concealed Carry Reciprocity Act, in an effort to amend the Brady Handgun Violence Prevention Act to “require each federal agency … Read more
The leader of North Korea, Kim Jong Un, appears to have blinked in the face of pressure President Donald Trump has put on him. It’s reported the U.S. military was in the process of planning a possible preemptive strike on the North Korean regime. “Un” has invited President Trump to talk about nuclear disarmament in … Read more
by BILL BONNER GUALFIN, ARGENTINA – Stormy Daniels has gone public… No big deal. Gary Cohn has left the White House… No big deal. The big deal is that the Fed is raising interest rates. Dow 10,000 Even this wouldn’t be a big deal, except that it comes after 30 years of lowering them. Now, not … Read more
FACEBOOK CRACKING: 24% Drop In User Time Spent… Now new numbers have been released that go through December, and the problem only seems to be getting worse. The updated data shows that Facebook’s core platform lost 18% in time spent, which is a huge change from the month before. This, says Pivotal, reflects a 24% decline … Read more
During her weekly press conference Thursday, House Minority Leader’s train of thought seemed to ran out of gas … 16 times. The 77-year old California congresswoman repeatedly paused in the middle of her sentences while searching for her next words. In all, Pelosi stumbled 16 times over just 15 minutes. https://news.grabien.com/story-mental-meltdown-pelosi-suffers-16-brain-freezes-15-minute-pr MORE Pelosi brain freezes, marred … Read more
Currently, while Bitcoin, the King of Cryptoland, is slowly recovering after the recent dump, more and more people around the world have this itching feeling of missing out on something. What to do with Bitcoin? Where to buy it? How to choose the best Bitcoin exchange? What to do with Bitcoin? Bitcoin (BTC or XBT) … Read more
Karen Mallard, running for Congress (VA-02) decides to destroy the AR-15 her husband bought. She procedes to saw off over a foot of the barrel – thus committing a felony by creating a short barreled rifle without having the proper permit to do so. Ooops! VIRGINIA BEACH, Va. (WVEC) — The Federal Bureau of Alcohol, … Read more
John Kerry is now being investigated. John McCain is set to resign. The FBI has been using Geek Squad to spy on peoples computers. Venezuela is about to have an election and the US does not want this to happen. Q drops additional intel, IBOR is moving forward, Session begins the investigation with outside help. … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Despite earlier denials. Toys ‘R’ Us, after it filed for Chapter 11 bankruptcy last September to restructure its debts, vowed that it would go on as a company and not even close any stores. It blamed the media for having caused this problem by reporting that it had hired a bankruptcy law firm. This … Read more