Russia’s Central Bank Aims to Prevent Bank Runs

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by Martin Armstrong (Image of Americans lining up to withdraw cash during the Great Depression) The Central Bank of the Russian Federation is speaking carefully and confidentally to prevent an official bank run. “In recent days, the demand for cash has grown. To meet the increased demand, the Bank of Russia increased the issuance of … Read more

Asians getting attacked in NYC…

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An Asian artist was attacked on his way to perform at the opening night of a Lower Manhattan play — just blocks from where Christina Yuna Lee was killed in her apartment two weeks ago, the theater said. The unnamed performer was assaulted Wednesday night near Seward Park on the Lower East Side on his … Read more

Full ruble collapse and bank carsh in Russian this morning? ALL Russian bank websites are Down.

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Multiple reports just coming in. https://twitter.com/iharishtomar/status/1498469380061294593 Not one Russian bank website is working today. See for yourself:https://t.co/RD2jMChm3yhttps://t.co/Q0xRODFwxf Or https://t.co/rx14XJXhZ1https://t.co/6dViaOEeUH For comparison, try clicking Ukraine’s Bank. Works fine:https://t.co/rQvtWkEqsY. — West Coast Intel (@WestCoastIntel) February 28, 2022 https://twitter.com/TerryKauffman13/status/1498387421213437958 Every Russian bank websites have been hacked and are down ..The Kremlin’s own website as been hacked as well … Read more

The same “reporter” who wrote the article saying it is happening, Tweeted it isn’t happening.

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HMM: Ukrainian pilots arrive in Poland to pick up donated fighter jets. On the other hand, this report says it’s not happening. Fog of war. There was earlier reporting that Ukrainian fighters might actually operate from Polish bases, which would be very likely to bring Poland — and possibly NATO — into the war, which would be a … Read more

Tucker: This is moral blackmail

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I am torn here. As a US Marine, Vietnam Veteran, I do not wish for American boys to die in a foreign battlefield; there has been enough of that over the last 100 years…yet, In Korea we did not finish that war due to fear from the Russians, or China (even though the Chinese attacked … Read more

This is the worse bacwardation we had since 2007….Goldman Sachs: “Inflation will be worse than feared this year”

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This is the worse bacwardation we had since 2007. If sanction move to oil and gas, spot will be further affected worsening commodity backwardation 👇 pic.twitter.com/r7o94T8fMY — Menthor Q (@MenthorQpro) February 28, 2022 Global commodity prices from metals to energy to food are seeing gains of the sort we usually see on annual scales. And … Read more

“The winners in the stagflationary 1970s”

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“The winners in the stagflationary 1970s”This is the only piece of research I printed and kept over last couple of years (there’s even a coffee stain there).Obvious that long skew has to be towards Energy, Real Estate and Value pic.twitter.com/J3vjGnUI7q — Le Shrub🌳 (@agnostoxxx) September 19, 2021

Hillary Clinton spy pleads the 5th… Refuses to cooperate with Durham grand jury…

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A prominent tech guru who worked with the Clinton campaign to investigate Donald Trump’s possible links to Russia pleaded the Fifth to avoid cooperating with Special Counsel John Durham’s investigation, according to court filings. Rodney Joffe said in a deposition this month that he invoked his Fifth Amendment rights against self-incrimination in response to a … Read more

Hunter Biden’s business partner sentenced to prison… Judge gives very light sentence to Devon Archer… Prosecutors asked for 30 months…

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Devon Archer, a close friend and former business partner of President Joe Biden’s son Hunter, was sentenced on Monday for defrauding a Native American tribe. A federal judge in New York said Archer may go to prison for a year and a day, as well as serve one year of probation and forfeit $14 million … Read more

Oh Atlanta! Atlanta Fed GDPNow Q1 Forecast Drops To 0.631% With REAL Wage Growth At -2.38% (Coal Is SOARING!)

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by confoundedinterest17 Oh Atlanta! Fed, that is. The Atlanta Fed GDPNow Q1 real-time GDP index fell to 0.631%. And the Atlanta Fed REAL wage tracker fell to -2.38 growth. Volatility reigns supreme on the energy front (look at NYM Dubai crude AVAT!) And coal is up 18.68% this morning. Here is a map of gas and oil … Read more

US Trade Balance Widens To All-time High, Rise In Imports, Drop In Exports (10Y Treasury Yield Sags To 1.884%, Russian Ruble Getting Clobbered)

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by confoundedinterest17 The U.S. merchandise-trade deficit unexpectedly widened in January to an all-time high, reflecting a record value of imports and a drop in shipments overseas. The shortfall grew to $107.6 billion last month from $100.5 billion in December, according to Commerce Department data released Monday. Meanwhile, the US Treasury 10Y yield fell to 1.884%. The cost for … Read more