Guest Post from Mike Gleason with Money Metals Exchange Listen to the Podcast Audio: Click Here https://s3.amazonaws.com/ILB_MS_BUCKET/ILB-180119-WeeklyMarketWrap.mp3 Mike Gleason: It is my great privilege now to be joined by James Rickards. Mr. Rickards is Editor of Strategic Intelligence, a monthly newsletter and Director of the James Rickards Project, an inquiry into the complex dynamics of geopolitics and global capital. … Read more
by Anthony B Sanders There was a misleading headline on Yahoo Finance entitled “Stocks did better in Obama’s first year than in Trump’s” The stock market has rallied during Donald Trump’s presidency, with the S&P 500 up nearly 24% during Trump’s first year in office. But here’s a surprise: It did even better during President … Read more
Just another example of Patient Health taking a back seat to Profits….Disgusting via salon: Once the federal government finally allows medical marijuana to become a legitimate part of the healthcare industry, Big Pharma could suffer the loss of billions of dollars, a new report finds. It seems the pharmaceutical trade has more than enough reasons to … Read more
By Robert Carbery The Democrats have overreached on forcing this latest federal government shutdown. Prioritizing illegal children brought here under Obama’s illegal DACA program before 9 million American children who are U.S. citizens and will lose their insurance and 2 million military members who will be asked to work without pay… The SchumerShutdown is the … Read more
Originally Posted at Free Market Shooter; Authored by Jon Hall The victims of the Las Vegas massacre. Months ago, I called for scrutiny amid a constantly-revolving news cycle concerning the Las Vegas massacre that occurred last October. 64-year-old Stephen Paddock opened fire on a country music festival from the 32nd floor of the Mandalay Bay hotel, which overlooked the … Read more
Wealth Research Group, Released on 1/22/18 Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider’s … Read more
by Jim Willie of Golden Jackass The Jackass adds a few points, first on the technical chart and then on the pessimistic viewpoint toward the vile banker sector. The above is a severely dangerous looking chart, with a Head & Shoulders reversal pattern evident, and an upward bias in addition. The recent move above 2.60% could continue and … Read more
LOL nice ending Jimmy. Rachel Maddow should watch “Good night and good luck”, maybe then she’ll see that SHE is the problem, not Russia. But, it’s unlikely, that $30,000/day check makes self reflection very difficult. h/t Kyo
by howmuch Initial Coin Offerings (ICO) took off in 2017, as crypto-fever continues to reach new heights. This relatively new fundraising method has captivated companies ranging from startups to large-cap enterprises. The cryptocurrency craze in 2017 led to over $5 billion in fundraising from a little more than 706 ICOs. While there were many different ICOs that … Read more
Beware! Venezuela is the future of the USA if the Democrats get their way and impose amnesty and open borders. AXIOS: Venezuela’s economic collapse, by the numbers. • Venezuelans are forced to contend with completely arbitrary daily withdrawal allowances. Pozzebano’s report details his attempt to get cash in the Venezuelan capital, ultimately getting 10,000 bolivars … Read more
By Robert Carbery Democrats declare that Obama is responsible for the current economic growth we are witnessing. Republicans counter that President Trump’s pro-business actions over the last year are to credit for the current economic climate. We hear the arguments from both sides of the aisle as to why their man and their party … Read more
The Democrats are turning down services and security for citizens in favor of services and security for non-citizens. Not good! — Donald J. Trump (@realDonaldTrump) January 22, 2018 Simple as that. Ain’t gonna get a clean DACA bill period, no matter how many tantrums you throw. BUILD THE WALL Schumer’s Torching America With DACA ‘Schumer … Read more
Richest 1 per cent took 82 per cent of new global wealth last year, Oxfam report says Billionaire wealth rose by an average of 13 per cent each year between 2006 and 2015 – six times faster than wages of average workers More than 80 per cent of the all the wealth generated globally last year flowed into … Read more
World index on 312 trading day run without even a 5% correction. Almost double any other previous period since 1970! https://twitter.com/TihoBrkan/status/953609513650724865 Central Bank Asset Purchases, Net Monthly 2019: $0B2018: $50B2017: $100B2016: $160B2015: $130B2014: $60B2013: $125B#ECB#BOJ#BOE#FOMC Via @BearTrapsReport — Lawrence McDonald (@Convertbond) January 18, 2018 The $VIX vs stockmarket sentiment (inverted) pic.twitter.com/oSsnI10Bo9 — Topdown Charts (@topdowncharts) … Read more
US banks suffer 20% jump in credit card losses The big four US retail banks sustained a near 20 per cent jump in losses from credit cards in 2017, raising doubts about the ability of consumers to fuel economic expansion. “People are using their cards to get from pay cheque to pay cheque,” said Charles … Read more
House investigators concluded that Democratic IT aides made unauthorized access to congressional servers in 2016, allegedly accessing the data of members for whom they did not work, logging in as members of Congress themselves, and covering their tracks, according to a presentation summarizing the findings of a four-month internal probe. AC
This is what collapsitalism looks like.
by DCG From The Telegraph: Adulthood does not begin until 24, scientists have concluded because young people are continuing their education for longer and delaying marriage and parenthood. The traditional definition for adolescence is currently between and the ages of 10 and 19, which marked the beginnings of puberty and the perceived end of biological growth. But, writing … Read more
The market has been supported by central banks. The economics textbooks literally have to be rewritten after this is over. They have destroyed it completely. What a horrible shame this will be. In the meantime though…EVERYTHING IS AWESOME! Do you believe that people often forget about the ripple or domino effect? For example, they might … Read more
Authored by Tom Luongo, For years Italy’s Northern League kept to itself, being focused on secession rather than reform from within. That change began last year with their non-binding referenda to petition Rome for more fiscal autonomy. But, as the Italian parliamentary elections come into view, the Northern League is playing politics. And doing it well. … Read more