China Demolishing Unfinished High-Rises
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Michael Pento with Patrick V. on Silver Bullion TV SBTV spoke with Michael Pento, president and founder of Pento Portfolio Strategies, about the Fed’s futile efforts to control inflation and why it’s time to get out of harm’s way with a recession on the horizon. FULL SHOW NOTES AND LINKS HERE
by Mike Gleason Stagflation creates especially difficult environment for investors Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Precious metals markets are giving up ground this week as investors react to the latest musings from the Federal Reserve. On Wednesday, the Fed released the minutes from … Read more
by BoatSurfer600 These are very large and sudden declines, especially in June and July
by brandnewredditacct https://imgur.com/a/vd9v5GY – SPX from 2021-2022 https://imgur.com/a/w2NIJ1O – SPX from 2018-2019 https://imgur.com/a/sxH6qdM – SPX from 2008-2009 https://imgur.com/a/opFrQnG – TSLA in 2022 https://imgur.com/a/9tFt2NZ – FB from 2021-2022 https://imgur.com/a/tKvten3 – AAPL in 2000 These are just some examples. It’s not perfect obviously, but there seems to be more than zero correlation here. You can play with the indicator yourself on Tradingview. … Read more
Very interesting. This week 550 service men from army and police, conducted the anti terror practice “fides” in and around Bern, the capital of Switzerland. Christian Brenzikofer, the commander of the Bern canton police, spoke to the media about an appropriate and necessary exercise. General Mathias Tüscher, commander of Territorial Division 1, also spoke of … Read more
A young Venezuelan migrant family was left in limbo this week after being bussed to New York City from Texas — only to be told they were “ineligible” for shelter because they lacked proper documentation. Dailin Rojas, who is 6 months pregnant, told The Post she was given the run-around after being told her family … Read more
Why are they getting any bonus when the company is not even profitable? Woke Twitter staffers were told Friday that their upcoming bonus checks may be half what they expected due to a punishing second quarter and the costly battle with Elon Musk over his aborted $44 billion takeover bid. Company CFO Ned Segal sent … Read more
INCOMING: What is ‘tomato flu’? ‘Very contagious’ virus detected in kids, docs warn https://t.co/7YN4uXOo50 — NEWS MAKER (@NEWS_MAKER) August 20, 2022 h/t BoatyMcBoatface
BOGOTÁ, Colombia — It’s the largest producer of cocaine in the world, the source of more than 90 percent of the drug seized in the United States. It’s home to the largest Drug Enforcement Administration office overseas. And for decades, it’s been a key partner in Washington’s never-ending “war on drugs.” Now, Colombia is calling … Read more
“A US Circuit Court judge Wednesday lifted an injunction against a federal “pause” on oil and natural gas leasing after a previous enjoinment prevented the ban from going into effect. Fifth Circuit Court Judge Patrick E. Higginbotham vacated a previous judgment from June 2021 that stopped the federal government from enforcing Section 208 of Executive … Read more
by 2k3Mach My 401k is down over 22% year to date. The market has not been that bad year to date and is only down 7.87%. Why are we pushed/forced into 401k’s for retirement where we don’t have control of our own money and only allowed to buy certain “funds”? My TDAmeritrade private trading acct … Read more
As kids return to school, a new Texas law that was co-authored by Houston State Rep. Tom Oliverson is allowing groups to place “In God We Trust” signs on multiple campuses. The law states that the signs must be displayed in public schools if they’re donated privately to the school district, Houston station KHOU reported. … Read more
by Daisy Luther We’ve posted articles before on this website about the slow-burning SHTF that we’re witnessing here and here. Years ago, in 2016, I wrote about the economic crisis like this: The bottom line is, income will remain the same, decrease, or even disappear entirely for many of us. Meanwhile, the price of darn near everything will go up. Expect … Read more
by David Brady via Sprott Money Treasury Inflation-Protected Securities, or TIPS, are the inverse of real yields. When TIPS rise, real yields fall, and vice-versa. Gold has an inverse correlation to real yields, such that when real yields rise, Gold falls, and vice-versa. This means that TIPS and Gold are highly correlated. When TIPS rise, so does Gold, … Read more
More than six dozen busloads of migrants from Arizona and Texas have arrived in Washington, DC, this spring, as the border states attempt to curb a massive influx of migrant crossings along the Mexico border, according to a new report. More than 2,500 people released from Border Patrol custody have voluntarily traveled to the nation’s … Read more
h/t silvertomars
‘Ethiopian Airlines pilots fell asleep while enroute from Khartoum in Sudan to Ethiopian capital Addis Ababa and missed the landing. The pilots were meant to begin the flight’s descent to Addis Ababa’s Bole Airport. The radar data, however, indicates that they overshot their destination, as per an Aviation Herald report. The report further noted that … Read more