by Umar Farooq Gold prices fell Wednesday, setting the yellow metal up for its lowest finish in about a month as investors await clues from U.S. Federal Reserve officials on the pace of interest-rate increases and the economic outlook. Spot gold extended losses as the Federal Reserve officials left interest rates unchanged while … Read more
by Pamela Williams The House Intelligence Committee, led by Trey Gowdy, will be holding a closed-door hearing on Russian interference in the 2016 election on Thursday. FBI Director Comey and NSA Director Rogers will be there to testify. Tucker Carlson is questioning Trey Gowdy about this event. Carlson feels this issue is in the past, … Read more
by Umar Farooq “Eight years of super-low interest rates in the US have succeeded in inflating home prices in many cities way past the peaks of the housing bubble that imploded during the Financial Crisis. A boom-crash-boom movement. But home prices in Canada barely dipped during the Financial Crisis and then continued soaring. So … Read more
Title: Minority Leader of House of Representatives Salary: $193,400 http://www.davemanuel.com/pols/nancy-pelosi/ So how rich is Nancy Pelosi? According to the Center for Responsive Politics, the San Francisco democrat is the ninth wealthiest member of Congress and has a colossal net worth of $196,299,990. To quote Pelosi during a recent speech about economic inequality: “Something is wrong … Read more
Dailycaller reports: President Trump criticized James Comey on Tuesday night, just hours before the FBI director testifies before the Senate Judiciary Committee. Trump accused Comey of giving Hillary Clinton a “free pass” in the investigation into whether she mishandled classified information on her private email server. It is unclear what exactly prompted Trump’s outburst, though … Read more
Daniel Lang May 3rd, 2017 SHTFplan.com There aren’t any surefire ways to tell if the stock market, and perhaps the rest of the economy, is about to take a nosedive. That’s because millions of people with millions of ideas are involved, so it’s an inherently unpredictable system. However, there are certain players in our economy … Read more
by Mark Angelides This Sunday, the French people will go to the voting booths with a choice between Emmanuel Macron and Marine Le Pen for the Presidency of France. So far, it looks set to be a landslide for the Pro-EU Macron, but there has been some slight movement on the polls that show … Read more
by Mark Angelides Recent figures show that in the UK, more than 50% of households receive more in State benefits than the pay in direct taxes (income tax, VAT etc…) to the Government. The Centre for Policy Studies says that “the average household paid £13,402 in taxes in 2013/14. Yet it received £12,939 in cash … Read more
Milkenreview.org reports: Over the past two generations, America has suffered a quiet catastrophe in the collapse of work for men. In the half-century between 1965 and 2015, work rates (the ratio of employment to population) for the American male spiraled relentlessly downward — a seeming flight from work in which ever-greater numbers of working-age men exited … Read more
BY SRSROCCO After the U.S. economy disintegrated in 2008, due to the Banking and Housing crisis, Americans pawned off a record amount of gold. How much gold? Nearly, 32 million oz (1,000 metric tons). That’s one heck of a lot of gold. Matter-a-fact, U.S. gold scrap supply at its peak of 160 metric tons (mt) … Read more
by Pamela Williams Congress member Fred Upton of Michigan, who until January had been chair of the House Energy and Commerce Committee, one of the main health care legislating committees in Congress, officially came out against the American Health Care Act on Tuesday. Upton made the announcement during a local radio interview, and his office confirmed … Read more
by Michael Snyder There has been a tremendous amount of talk about the spending deal that was just reached in Congress. Most of the focus has been on who “won” and who “lost” politically, and if you have been keeping up with my articles you definitely know my opinion on the matter. But what nobody … Read more
by Robert Carbery Hillary Clinton is still in denial over her loss to Donald Trump in last November’s election. The former Democratic presidential nominee spoke during a recent interview on CNN, explaining why she thinks she lost. She’s still blaming it on FBI Director Jim Comey’s “meddling.” “I was on the way … Read more
By Gabrielle Seunagal It appears that GOP leaders might actually be completely unfit to be calling the shots in Washington. Everyone in America knows that the Republican Party has control of the White House, the Senate, and House of Representatives, yet there is still serious talk about an impending government shutdown. Earlier today, President Trump … Read more
By Michael Snyder One sector of the economy that is acting as if we were already in the middle of a horrible recession is the auto industry. We just got sales figures for the month of April, and every single major U.S. auto manufacturer missed their sales projections. And compared to one year ago, sales … Read more
by Umar Farooq Only a few months ago the digital currency was priced at around $1,200. In the short time since the price has jumped to more than $1,400, according to the CoinDesk Bitcoin Price Index. Source: mashable As CoinDesk noted, this is an “all-time high” for the cryptocurrency, which saw a big increase at the beginning … Read more
by Pamela Williams This report is based upon the following: “This week marked the first 100 days of Donald Trump’s presidency and it was unlike anything anyone has ever seen before. From the nominations of unqualified cabinet secretaries like Betsy DeVos and Scott Pruitt, to the failed attempt at banning Muslim refugees from our … Read more
by Pamela Williams I was interested in knowing what is being said in South Korea now that the THAAD Missile System has become operational by the United States. There has been talk of South Korea’s unrest concerning the THAAD deployment, and one has to understand their point of view. It puts them between a rock … Read more
Conservatives are blasting the five-month, fiscal 2017 spending deal written by Republicans and Democrats as nothing short of a “cave in” by the GOP despite its control of both the House, Senate and White House. The deal, conservatives say, will make the fiscal 2018 spending process even more difficult. <snip> The fiscal 2017 spending plan … Read more
by Umar Farooq Apple’s stock is driving upwards due to investors’ expectations that the new iPhones launch, due in September, on the 10th anniversary of the original iPhone’s introduction, will be dazzling enough to inspire existing iPhone users to upgrade and prompt others to switch from Android phones made by Samsung, Huawei and other … Read more