A Market Bear’s Favorite Chart

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via Ploutos Summary With stocks making new highs to start 2018, the S&P 500 is now trading at all-time highs as a multiple of average hourly earnings. Stocks are as expensive as they have ever been for the average American, but does that mean they are overvalued? This article discusses some of potential drivers of this … Read more

WORLD’S LARGEST SILVER MINES: Suffer Falling Ore Grades & Rising Costs

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BY SRSROCCO  The world’s two largest silver mines have seen their productivity decline substantially due to falling ore grades and rising costs.  Gone are the days when silver mines could produce silver at 15-20 ounces per ton.  Today, the Primary Silver Mining Industry is likely producing silver at an average yield of 4-5 ounces per ton. In … Read more

Clueless NYU students trash Trump for not-yet-delivered State of the Union speech

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by Dr. Eowyn President Trump will deliver his first State of the Union speech TOMORROW. But students at New York University (NYU) had already condemned the speech! A week ago, Campus Reform went to NYU and asked students for their reactions to President Trump’s State of the Union address “last night”. The students interviewed said: “I didn’t watch it … Read more

REDDIT CENSORSHIP COULDN'T PROTECT McCABE!

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by Tom Fitton Here’s my original post on McCabe: https://www.reddit.com/r/The_Donald/comments/7jl9qg/vindication_text_messages_show_fbi_2_andy_mccabe/ Incredibly, Reddit somehow censored my follow up comment with all sorts of background info. on FBI/DOJ anti-Trump/pro-Clinton corruption. Here is my essential background post (including above video) which was censored: You can see why I always look like I’m about to break something in two, We … Read more

FBI Deputy Director Snaps: In Anti-Trump Tirade, McCabe Professes Hatred for U.S. President to FBI Colleagues

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FBI Deputy Director Snaps: In Anti-Trump Tirade, McCabe Professes Hatred for U.S. President to FBI Colleagues Remember he has the head of Hillary’s investigation… and Hillary vis VA Gov gave his wife $700K “McCabe, the second in charge of the FBI, ranted at a staff meeting a week after Trump’s inauguration (approx Jan 27) about … Read more

FITTON: Hold on a sec! JUDICIAL WATCH still wants McCabe's text messages. Last week, the FBI turned over docs in key JW suit for McCabe texts — but ZERO texts.Where are they?

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by Tom Fitton The missing/reappearing/missing FBI docs are amazing coincidences. JW JUGGERNAUT NOT GOING AWAY… JW won’t stop. Here is our statement on the McCabe defenestration: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-statement-fbi-deputy-director-andrew-mccabe/ Background on our lawsuit on McCabe texts: https://www.judicialwatch.org/press-room/press-releases/retired-fbi-special-sues-justice-department-records-top-fbi-official-ties-top-clinton-ally/ And vid background: And my discussion from this weekend on Judge Jeanine: http://video.foxnews.com/v/5720964965001/?#sp=show-clips

Inside The Punk Savings Rate: It's Probably Negative For The Bottom 70%

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Or what the averages are hiding. We will start with income and see what’s left over, and for whom. Personal income increased by 4.1% in December from a year earlier, the Bureau of Economic Analysis reported today. This includes all income received by all persons from all sources, such as from labor, … Read more

Pivot: Pakistan Wants To Purchase Weapons From Russia And China After Trump Halts Military Aid

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by stockboardasset President Trump’s decision to ring the New Year by simultaneously demonizing Pakistan on Twitter has mostly backfired. In an interview with the Financial Times, Pakistan’s defense minister Khurram Dastgir Khan said Pakistan is expanding its relationships with Russia and China, as relations with Washington deteriorate following the suspension over $2 billion in military aid to Islamabad.   Khan said is … Read more

NYC tax dollars at work: School bus driver fired after racking up 37 complaints

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by DCG Via NY Post: City school-bus driver Sumatie Kalladeen’s scoldings terrified a little girl to the point where she was too afraid to ride the bus. The city Department of Education fired Kalladeen — but not before she racked up 37 complaints since 2001, seven of which were “substantiated,” records show. She was suspended at least twice before, … Read more

Sara A. Carter: "Latest: sources in bureau telling me whistleblowers feel confident more resignations to come."

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Carter reports: McCabe apparently lashed out to his colleagues when he was told he would be asked to resign, according to sources. FBI Director Christopher Wray viewed the four-page memo on Sunday, sources familiar with the discussions said. McCabe, who is facing three federal inquiries for conflicts-of-interest during his time at the FBI, is one of … Read more

Is The Economy Partying Like It’s 1999?

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By New Deal Democrat Suddenly I have a lot to say about the economy. My sense is that we are on to a new phase after the 2015 shallow oil-patch centered recession and 2016-17 rebound. The data has a feel to it of a late cycle blowoff. Let’s start with this morning’s personal income and spending. In … Read more

List of companies giving pay raises & bonuses because of new tax law; Democrat governors file lawsuit to block

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by Dr. Eowyn The AP’s Paul Wiseman reports that on December 26, 2017, President Trump signed the GOP’s tax bill into law. By slashing the corporate tax rate to 21% from 35%, one of the highest among advanced economies, the new law distributes benefits across a range of American industries, from construction to health care. It also applies a low … Read more

Tax Cut Hangover

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by northmantrader In the fullness of time the recent US tax cuts will prove to have been a major policy mistake and I’ll give you several reasons why. Oh I know, amidst the stock market party and and companies seemingly throwing free $1,000 bonuses around suggesting a coming hangover is like urging moderation to the loudest … Read more

IABATO: “It’s all Brexit and that’s Official”

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by John Ward We’re not being offered complete Brexit, we’re being offered complete bollocks   A statement from earlier today (Monday) from the Media Johnnies in the Cabinet Office: “We are about to enter into a negotiation with the European Union on the end state, and achieving that partnership the prime minister believes will be in the interests … Read more