Fed 180 coming in Fall

via sprottmoney Back in July 2020, I appeared on a podcast with Tom at Palisades Radio, where I forecast the peak in Gold and Silver in August. The Fed had already cut QE by 88% and fiscal stimulus was set to follow with government handouts due to expire on August 1st. Gold and Silver peaked … Read more

Ford CEO says electric vehicles will be sold 100% online with nonnegotiable price

Ford head Jim Farley said the brand’s electric vehicles may shift to fixed prices and completely online sales. In a speech today at an IBM conference, Farley described a future where Ford dealerships would no longer stock inventory but serve as customer service centers for picking up online orders or repairing existing vehicles — with … Read more

Libtards are indoctrinated from a young age…

14 children in Hawaii sue state over greenhouse gas emissions Saying the state’s transportation system drives high greenhouse gas emissions that harms their communities, 14 youth, including three in Maui County, filed a lawsuit Wednesday against the state Department of Transportation, state officials and the State of Hawai’i. The lawsuit, filed by Earthjustice attorneys in … Read more

Euro-zone inflation is breaking record after record… Inflation forces almost half of Germans to rein in spending

Euro-zone inflation is breaking record after record, but the gap between the highest and lowest rates among the currency bloc’s 19 members has also jumped to its widest ever (via @zschneeeweiss & @whorobin) https://t.co/PsWyZP45XW pic.twitter.com/K2QttZBvWa — Bloomberg Economics (@economics) June 2, 2022 Inflation forces almost half of Germans to rein in spendinghttps://t.co/g8e7OjLFWq via @jrandow pic.twitter.com/27L8GuENUl … Read more

Probability of a U.S. recession has risen to highest since February 2007; “Hiring freeze” announcements jumped in May.

Probability of a U.S. recession (based on 2s10s yield curve per @Economics) has risen to highest since February 2007 pic.twitter.com/SbyzLLspJh — Liz Ann Sonders (@LizAnnSonders) June 2, 2022 The number of news articles mentioning “hiring freeze” jumped in May. pic.twitter.com/bL1fOKorqF — (((The Daily Shot))) (@SoberLook) June 3, 2022 Mortgage rates are up, and so is … Read more

Russia Just Restricted The Export of Industrial Gases Like Helium/Neon/Argon! 30% of World Production!

https://twitter.com/AZmilitary1/status/1532107299564793861 https://twitter.com/AZmilitary1/status/1532107303679414275 #semiconductors #supplychains >> Russia limits exports of noble gases, a key ingredient for making chipshttps://t.co/nUYMDLxJYL pic.twitter.com/W5M2QBfXlx — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) June 3, 2022 h/t Flying Elvii

NPR: Are we entering a recession?

Welp, looks like they’ve jumped off the Joe Biden train. —————- it’s being whispered and murmured about. The president is facing questions about it. Business leaders and investors are already bracing for it. The specter of recession is once again rearing its monstrous head. It’s feasible that the economy could chug along without any bumps … Read more

Report: India is Buying Up Cheap Sanctioned Russian Oil and Selling it to the U.S. and E.U. at Huge Profits

(InformationLiberation) India is buying up cheap sanctioned Russian oil, refining it, then selling it to the US and EU for huge profits, according to a report in the Wall Street Journal. The US has reluctantly given India permission to buy Russian oil because India has threatened to ditch their alliance with the America and ally … Read more

Next Up: Eggs $1.00 / each

Get Ready for $1 Per Egg: USDA Forecast Predicts Highest Food Inflation Since 1980 https://pjmedia.com/news-and-politics/stacey-lennox/2022/06/01/usda-forecast-predicts-highest-food-inflation-since-1980-get-ready-for-1-per-egg-n1602498 The price of eggs increased 10.3% in April. The UDSA predicts an increase between 19.5% and 20.5% year over year in 2022. That could mean $1.00 an egg. Poultry prices will rise as much as 9.5%. The current projections are … Read more

Almost 60% of Americans blame Biden for inflation. MEANING THE OTHER 40% ARE RETARDED

Twenty-five percent of Americans are considering pushing off retirement due to inflation, which is up 8.3 percent  Nearly 60 percent of Americans said inflation has ‘majorly impacted’ their savings and many are changing their spending habits to cope  Forty-two are choosing cheaper brands at the grocery store and putting back nonessential items, like snacks  Over … Read more