by Samuel Briggs via Kinesis In this week’s Live from the Vault, iconic financial commentator and life-long stockbroker, Bill Holter, joins Andrew Maguire to share his eye-opening examination of the West’s insurmountable debt. As the Fed’s money-printing tactics start to closely resemble a Ponzi scheme, the precious metals expert explains, with mathematical certainty, why the current system is destined for bankruptcy. … Read more
A New York Fed research paper said American consumers expect no relief from high prices in the near-term, believing the current bout of roaring inflation will keep percolating for the next twelve months before finally losing steam over a three-year horizon. A new analysis from the New York Fed found that U.S. consumers polled about their future inflation expectations said they … Read more
by Boo_Randy More fake news from the lapdog media. Brandon can’t “forgive” shit. He can only transfer non-performing student loans from the deadbeats to taxpayers – including hard-working blue collar workers who couldn’t AFFORD to go to college but are now saddled with the debts of the special snowflakes who got useless degrees and now … Read more
by DontMicrowaveCats Celsius is yet another Defi ponzi scheme lending program. Put in your stablecoins, get a high return indefinitely like a perpetual money machine. They offer up to 18% returns on tokens. https://celsius.network/earn Sometime around the Terra/Luna collapse a wave of liquidations begun. They’ve apparently already lost of billions of dollars, but still has more … Read more
by Boo_Randy https://pjmedia.com/vodkapundit/2022/05/27/no-inflation-did-not-ease-in-april-and-i-have-the-receipts-n1601423 Good news, comrades! Your inflation ration for April decreased for the first time in a year — but only if you compare it to last April’s “unexpectedly” high inflation rate. The Wall Street Journal, where people used to go for better financial reporting than this, parroted the Fed’s shaky claim that consumer price … Read more
Nancy Pelosi: “People think that the president of the United States has the power for debt forgiveness. He does not.” pic.twitter.com/0iz8uQeKXG — RNC Research (@RNCResearch) May 28, 2022
2/2 The falling savings rates are not the result of government transfers falling (i.e., social security, disability, welfare, Govt credits, "mailed money"). Income via the government sending money remains historical high. pic.twitter.com/sdNYEIvxbL — Jim Bianco (@biancoresearch) May 27, 2022 Credit Suisse, BofA Cut Value Stocks on Doubt Over Returns https://t.co/8YydtBXeiv — Bloomberg Markets (@markets) May … Read more
https://youtu.be/VdKMQJNxHUA
Gas prices reached a nationwide average of $4.60 per gallon on Thursday as they maintain an upward climb with record-setting prices each day for more than two weeks straight, according to AAA’s gas tracker. Diesel fuel, critical for tankers, trains, trucks, and farming machinery remained high at $5.53 per gallon, just 3 cents shy of … Read more
by Boo_Randy The Fed can conjure up trillions more Yellen Bux funny money out of thin air to levitate its Ponzi markets & asset bubbles…but it can’t print diesel, or pull the real, productive economy out of its death spiral. The surge in diesel costs are going to be tacked on to transportation costs for … Read more
by Boo_Randy Looks like its dawning on the Powers that Be that a crypto crash could spread contagion throughout the financial system. Moms, start preparing your basements for when your lil’ baggies move back in. https://www.marketwatch.com/story/how-a-crypto-crash-could-spread-to-treasury-bonds-and-other-fixed-income-securities-11653639671?mod=mw_latestnews A cryptocurrency crash could have repurcussions well beyond crypto itself. Contagion could spread to the fixed-income market, and then … Read more
by Dismal-Jellyfish Source (pdf) Notice of Filing of a Proposed Rule Change to Amend FINRA Rule 6730 to Enhance TRACE Reporting Obligations for U.S. Treasury SecuritiesComments due: 21 days after publication in the Federal RegisterAdditional Materials: Exhibit 2a, Exhibit 2b, Exhibit 2c, Exhibit 5 Submit Comments on SR-FINRA-2022-013 Similarly, both Citadel and MFA supported the proposed reporting timeframe reduction, but both recommended … Read more
They literally let terrorists post but not funny videos of liberals……that they post themselves! h/t gsibble
A bill is working its way through the Russian Duma that would allow Moscow to seize Western companies that threaten to leave Russia. Most Western companies have already left, but the few that remain now face severe pressure to leave or give in. The law would give the government broad powers to intervene “where there … Read more
In an entertainment industry full of uncertainty, few movies seemed as sure a bet as a sequel to the 1986 classic “Top Gun.” The Chinese tech firm Tencent Holdings Ltd. TCEHY -0.39%▼ in 2019 signed on to co-finance the film, which the Shenzhen-based conglomerate hoped would yield a windfall at the box office. Yet when … Read more
Never forget these people incited riots. Billions in property damage. People died. https://t.co/ljlOXXx1bC — HPT (@HyperionPrime) (@HPT30147483) May 27, 2022
The demand is so strong that inventories are not even following the seasonal bounce pic.twitter.com/3LqFk87MHz — Alessio (@AlessioTMAD) May 27, 2022 h/t StockTipsTips
by Chris Black This article is very anti-Semitic. We do not condone anti-Semitism on this site. ADL should cancel these publications ASAP. Oy vey: https://twitter.com/YesPISTLiberty/status/1530018860539191322
by Chris Black Just imagine the power levels of low black unemployment when Dark MAGA is completely unleashed. NOW – Trump: Texas shooter "will burn in the fires of hell."pic.twitter.com/DR18HaJISu — Disclose.tv (@disclosetv) May 27, 2022
by Chris Black I am shocked to my core. The Syrian refugee influx into Turkey increased crime wherever large numbers of refugees went, and at a rate higher than low-educated Turks themselves. https://t.co/iWvyKf45nV — Lyman Stone 石來民 🦬🦬🦬 (@lymanstoneky) May 25, 2022