by Chris Black Twitter shares are bouncing back after Musk clarified that he is “still committed to the acquisition”. Still committed to acquisition — Elon Musk (@elonmusk) May 13, 2022 Oh come on. I’m sure the dozens of shell companies Musk uses to manipulate the futures market in the companies he is involved in, didn’t … Read more
by Chris Black https://t.co/GfHVWiA91q — Planet Today (@PlanetTodayNews) May 13, 2022 Here’s the deal: Most of those ships were forced to turn back and return to China. The window to sell the inventory this year blew by. The companies just wrote the orders off as a loss to reduce their taxes. Once that happens, they … Read more
by confoundedinterest17 The US Senate yesterday confirmed the reappointment of Jerome “Slowhand” Powell as Federal Reserve Chairman. The good news? Atlanta Fed’s Flexible CPI YoY cooled to 20% in April. The bad news? Flexible prices are still growing at 20% while wages are growing at 5.5% YoY. On the export front, export prices are cooling and … Read more
By Lance Roberts Robert Kiyosaki recently tweeted, “The best time to prepare for a crash is before the crash. The biggest crash in world history is coming. The good news is the best time to get rich is during a crash. The bad news is the next crash will be a long one.” Is Kiyosaki just … Read more
The Biden administration has proposed amendments to World Health Organization regulations that would give the U.N. agency’s director-general unilateral authority to declare a health emergency in the United States. The International Health Regulations amendments will be subject to votes at the upcoming annual meeting of the WHO’s governing legislative body, the World Health Assembly, May … Read more
Trends Research, Released on 5/12/22 Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered … Read more
By John W. Whitehead & Nisha Whitehead “The government solution to a problem is usually as bad as the problem and very often makes the problem worse.”—Milton Friedman You’ve been flagged as a threat. Before long, every household in America will be similarly flagged and assigned a threat score. Without having ever knowingly committed a … Read more
Reinvent Money, Released on 5/12/22 Paul Buitink talks to Jeff Snider of Alhambra Investments. Jeff explains how Russia, despite the sanctions, is still using the eurodollar system to transact internationally, for example by using off-shore banks across the world and middle-men in China and India. Not being part of Swift is difficult but doesn’t stop … Read more
Macro Voices, Released on 5/12/22 (Recorded on 5/10/22) MacroVoices Erik Townsend and Patrick Ceresna welcome David Rosenberg to the show. In his previous appearance, David expressed serious concerns about the stock market, and was being ridiculed at the time by his perma-bull peers. Seems he was on to something, and he joins us again to … Read more
The ones excited about this rebound. This is a bear market 👇 https://t.co/wHP19byhMQ — Menthor Q (@MenthorQpro) May 13, 2022 Growth factor valuation is at all time low in the US according to Morgan Stanley. pic.twitter.com/wjZMmMF7CW — Daniel Lacalle (@dlacalle_IA) May 13, 2022 The reason why Ark investors keep doubling down is because no one … Read more
Crypto losses now equal $1.7 trillion. The 2007 subprime mortgage market was $1.3 trillion. It's highly likely that Crypto will be the catalyst for accelerated global collapse. Weekend risk is HIGH. pic.twitter.com/4Ewo73uTeg — Mac10 (@SuburbanDrone) May 12, 2022 https://twitter.com/JTSEO9/status/1524881896362188801 A short story. pic.twitter.com/ZZ4sOiPEIt — Josh (@joshmanmode_) May 12, 2022 https://twitter.com/JTSEO9/status/1524866298873753600 Speaking of black holes, check … Read more
Inflation crushes the poor. Tragedy. “for the poor increases in food prices may push them greater into poverty.They may also have to choose between feeding their families and medicines. They may have to choose between having a roof over their heads or food in their bellies.” https://t.co/6OxyD65rl9 — Paranoid Bull (@paranoidbull) May 12, 2022 Subdued … Read more
GOP Representative Kat Cammack posted an image of fully stocked baby food shelves in migrant centers at the border She juxtaposed this with an image of empty shelves where baby formula was supposed to be at American grocery stores ‘This is what America last looks like,’ the congresswoman lamented Biden directed his administration to prioritize … Read more
LUNA, the First Crypto to Hyperinflate, Is Now Worth Zero
by Martin Armstrong COMMENT: Mr. Armstrong, I just wanted to express my thanks. You were the only one who called the high in Bitcoin. You saved my marriage, my home, and my future. I tried to tell a friend who went and took an equity loan to invest in Bitcoin. He may lose his home now. … Read more
by Frank Shostak via Mises For most experts, deflation is bad news since it generates expectations for a continued decline in prices, leading consumers to postpone the purchases of present goods, since they expect to purchase them at lower prices in the future. Consequently, this weakens the overall flow of current spending and this, in turn, weakens the … Read more
By Graham Summers, MBA As I mentioned yesterday, the Mother of All Collapses is Coming And if you think the Fed is coming to the rescue stocks this time, you’re sadly mistaken. Historically the Fed “saves the day” by intervening in the markets whenever they come unhinged. Well, the markets are already down 20% and we … Read more
by Harvey Organ of Harvey Organ Blog GOLD; $1825.75 DOWN $26.50 SILVER: $20.68 DOWN $.88 ACCESS MARKET: GOLD $1822.00 SILVER: $20.70 Bitcoin morning price: $28,800 DOWN 876 Bitcoin: afternoon price: $28,681 DOWN 1077 Platinum price: closing DOWN $52.00 to $947.70 Palladium price; closing DOWN $119.45 at $1910.45 END DONATE Click here if you wish to send a donation. I … Read more