Banks about to fall apart at financial crisis highs?

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by Kimble Charting Banks started showing cracks back in 2007 and before long they started breaking support and fell hard. The current bank trend remains UP at this time. The trend finds itself back at 2007 highs, where bulls would NOT want to see selling pressure start taking place! Below looks at the Banks Index (BKX) over the past 15 … Read more

USTreasury Bonds: Fuse to Light the Bonfire

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by Jim Willie CB Many are the metaphors used to describe the agent that initiates a major crisis. Light the fuse, or pull the trigger, pull the rug out from under the room, or pull on the string for unraveling the sweater, these are commonly heard. What comes soon is the Bonfire of the Vanities, … Read more

CPU maker Intel told CHINA about there CPU bugs before telling US govt!

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Intel warned Chinese firms about its infamous Meltdown and Spectre processor vulnerabilities before informing the US government, it has emerged. Select big customers – including Lenovo and Alibaba – learned of the design blunders some time before Uncle Sam and smaller cloud computing suppliers, The Wall Street Journal reports, citing unnamed people familiar with the matter and … Read more

One-Percenter Pelosi Bathing in Her "Crumbs"

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If they are “crumbs” then she should be fighting to get us something more substantial. But that’s not what she did, she voted against even letting us have these “crumbs”. Nancy Pelosi can f*ck off. I used to work in banking. You would be amazed at the number of people who could drastically improve their … Read more

US Treasury 10Y Yield Highest Since 2014 (30Y Mortgage Rates Near Highs Since 2014) As Home Price Growth Hits 6.41% YoY (Seattle Fastest, DC Slowest)

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by Anthony B Sanders US Real GDP seems to be booming (see yesterday’s Atlanta Fed GDPNow Report for 4.2% growth) while The Fed continues to raise their target rate and unwinding its $4.4 trillion balance sheet. The result? The US Treasury 10-year yield has risen to its highest level since 2014 (red line). And Bankrate’s … Read more

For Anyone Still Wondering If Gold Prices Are Rigged…

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by: Clint Siegner, Money Metals The Commodity Futures Trading Commission levied fines against three European Banks on Friday for “spoofing” the futures markets, including COMEX gold. Six traders were arrested yesterday. “Spoofing” involves placing buy or sell orders in order to move markets in a desired direction then canceling the orders before they get executed. … Read more

7-Eleven Clerk Refuses Service To Soldier

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Okay y’all I realize that this is older news but I just became aware of it and wanted to share. I rarely go use 7-eleven but as of now I’ll be avoiding it all together. 7-Eleven Clerk Refuses Service To Soldier “She said, ‘You’re in the military?’ I said, ‘Yes,’” Brown told KIRO. “She said, … Read more

California Is Scroomed

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by Chris What happens when the public officials get a hold of the public purse and begin to grant themselves pay raises? The usual of course.  It’s just gone so terribly far off the rails for CA that it’s impossible to see anything other than a crack-up at some not-too-distant point. For example, visiting the … Read more

‘SMEAR FIRST, ASK QUESTIONS LATER’ Corruption from Democrats is Coming Back to Destroy Them

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The effort to destroy President Trump and others on his campaign is backfiring. Those who protected Hillary then tried to cover it up are now literally shaking in their boots. The “FISA abuse” memo will be released showing the Democrats and intel agencies were in cahoots. Tucker Carlson just called them out in a fantastic … Read more