Top Ten Videos — January 9

by John Rubino Peter Schiff: Twin deficits doom the stock market. Chris Martenson: The untold story of oil. Max Keiser: The US dollar is extremely dangerous to the global economy.” Stacey: “I’ve been buying gold lately.”  

SEC Halts Trading in my Biggest “Blockchain Stock” Hero

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter 11 days after I lambasted the outfit. Billions went up in smoke already. This is my biggest blockchain hero, and now the Securities and Exchange Commission is taking all the fun out of it. The SEC has “temporarily suspended” trading in the shares of UBI Blockchain Internet, a Hong Kong-based company whose shares … Read more

Retail Investors Finally “Up To Their Chest” in Stocks, Become True Believers with Record Exposure

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter One of the “bigger fears”: dip buyers get burned, turn into sellers, “get an exponential move to the downside.” As far as the stock market is concerned, it took a while – in fact, it took eight years, but retail investors are finally all in, bristling with enthusiasm. TD Ameritrade’s Investor Movement Index … Read more

Chap. 11 Bankruptcies Spike 107% from Year Ago

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter What caused the biggest jump since the Financial Crisis? New Chapter 11 bankruptcies in the US more than doubled in December 2017 from a year ago to 699 filings. That jump of 362 filings from December 2016 was the largest year-over-year jump since the Financial Crisis. This chart shows Chapter 11 … Read more

Median Family Net Worth Below 1989 Level: Debt-To-Money Worst Since '62

Authored by Mike Shedlock via http://www.themaven.net/mishtalk, As the stock market soars to new highs, here’s some sobering statistics to consider. The stock market is at an all-time high but Americans Owe More, Save Less, and are Poorer Than in Decades. Negative Wealth Percentage On the Rise   Net Worth Going Nowhere   Sobering Stats A greater … Read more

Guess Which President Won CPJ’s 2017 ‘Overall Achievement in Undermining Global Press Freedom’

by Chris Black I must start this piece with a statement: liberalism (as in neo-comunism re-branded) is a mental disorder. Now, let’s see about today’s news. There is an organization in the United States called the Committee to Protect Journalists, or CPJ for short. Now, to put things into perspective, President Trump announced that he’s … Read more

"ECONOMY IS A TRAIN WRECK IN MOTION" | David Kranzler

Fund Manager David Kranzler tells Silver Doctors the economy is headed for collapse. Kranzler sees a major red flag in the stock market. Bullish sentiment of investors is extremely high. Historically, this signals a market top. Also, he explains why sub-prime auto loans are headed for collapse. As for the precious metal markets, gold and … Read more

Are Shopping Malls In WORSE Shape Than Previously Thought? (70% of Malls Suffer Decline in Tennants)

by Anthony B Sanders It is no secret that store closings have increased, some caused by on-line shopping like  Amazon, or the failed wage recovery after The Great Recession (aka, the WORSE wage recovery following a recession in recent history). Now Green Street Advisory has a study on Mall Turnovers and it is grim. Across … Read more

Is The Fed Short Volatility? (Or Is Jerome Powell Actually Thurston Powell III?)

by Anthony B Sanders The Federal Reserve doesn’t activley manage its interest rate exposure on its over $4 trillion balance sheet. Yet it purchases and sells Treasury Notes/Bonds and Agency Mortgage-backed Securities (AgMBS) in a measured way to impact interest rates. Chris Whalen has a nice writeup on Fed Chair (to be) Jermore Powell’s thoughts … Read more

Sahara Desert covered in 15 inches of SNOW!

HEAVY snow has covered the Sahara Desert in a freak winter weather storm. More than 15 inches (40cm) has blanketed sand dunes across the small town of Ain Sefra, Algeria. It is the second time snow has hit in nearly 40 years, with a dusting also recorded in December 2016. But this snowfall which hit … Read more

Today the POTUS signed into law the 400 years of African American History Commission act

https://www.youtube.com/watch?v=ItJAA06FAVE Today the POTUS signed into law the “400 years of African American History Commission act” http://redstatewatcher.com/article.as… Today the POTUS signed into law the "400 years of African American History Commission act"; which establishes the "400 years of African American History Commission" to plan activities commemorating the 400 year anniversary of African Americans arrival in … Read more

Turns Out Legal Gun Owners Are A Honest Very Good Bunch Of People: Proven By Government

via gunsamerica: Posing as prohibited persons or out-of-state buyers, what happened when government agents tried to purchase guns online? The short answer.  Unless they went to the dark web, they were rejected. Findings in a two-year study, conducted by the Government Accountability Office (GAO), tell the tale. The GAO report states, “All of our attempts to illegally … Read more

Chapter 11 Filings Soar, C&I Lending Growth Stalls (Unpeaceful, Uneasy Feeling)

by Anthony B Sanders Real GDP growth is above 3%, unemployment rate is near 4%, and other economic indicators are flashing green. Yet, I have an unpeaceful, uneasy feeling. Chapter 11 (bankruptcy) filings are rising and are back to Great Recession levels. Another indicator, commercial and industrial lending from commercial banks, is approaching a flat stall. … Read more