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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
LeBron James may not be playing in the NBA Finals, but he’s still having a good June. According to Forbes, the Lakers star now has an estimated net worth of $1 billion, making him the first active NBA player to become a billionaire. Michael Jordan is the NBA’s only other billionaire, but he didn’t reach … Read more
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
Banks were already closed on a Saturday in August 2019 when Rebecca Brown’s 79-year-old father entrusted her with more than $82,000 in life’s savings. Until that moment, the cash had been stashed in the nooks, crannies and walls of first the old family home southwest of Pittsburgh and then, after he sold the house in … Read more
26 nations, 38 surface ships, four submarines, nine national land forces, more than 170 aircraft and approximately 25,000 personnel will participate in the biennial Rim of the Pacific (RIMPAC) exercise scheduled to take place between 29 June and 4 August. As disclosed, the countries will conduct naval exercises in and around the Hawaiian Islands and … Read more
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, 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 (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
There are many different types of investments that people can make in order to try and grow their money. Some people choose to invest in stocks, others invest in mutual funds, but there’s also a growing number of people who invest in commodities. So, what exactly is a commodity? A commodity is a physical good … Read more
by MaltipooSaysWoof Governments shouldn’t be paying for Sports stadiums to begin with. If the Rays want a stadium, they can buy the land, pay for and build their own stadium with their own money.
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
CNBC, Released on 6/2/22 Bleakley Advisory Group CIO Peter Boockvar on whether the markets have priced in all the risks. Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.
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
(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
https://twitter.com/libsoftiktok/status/1532414239695990796
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
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
🚨🚨🚨 Explosive news folks! Ukrainians are selling US Javelins on foreign shadow trading platforms for $30,000 each. https://t.co/LekWKErQ3W — Bad Kitty Unleashed 🦁 💪🏻 (@pepesgrandma) June 2, 2022
