Imagine that…. (Gateway Pundit) The folks at the Pentagon apparently made a slight accounting mistake, which was only off by about $3 billion. The media is reporting this as a positive, because the ‘error’ will ultimately benefit Ukraine in the …
"workers at the 2nd largest aluminum mill in America, accounting for 20% of US supply, learned they were losing their jobs because the plant can’t afford an electricity tab that’s tripled in a matter of months. "https://t.co/bcHiTvadtY — Josh, Mountain …
by The Phoenix Inflation is bad… so much worse than the official numbers admit. Dissecting all the gimmicks the Bureau of Labor Statistics (BLS) employed to understate the official inflation numbers would take pages and pages than we have this week. …
Wall St. For Main St., Released on 7/29/21 Ex-Merrill Trader Says Co-Workers in Spoof Trial Taught Him How https://finance.yahoo.com/news/ex-mer… TF Metals Tweets on CME/COMEX “Accounting Error” overstating silver in vaults by 1.23 billion ounces! 1) 1.23BILLION ounces (38,000 mts) of silver …
by Jason Burack of Wall St For Main St Did we get our smoking gun about more precious metals market manipulation today? FULL SHOW NOTES AND LINKS HERE Commit to tipping us monthly for our hard work creating high level, thought provoking content …
via brookings: DOWNLOAD Download the conference draft » ABSTRACT China’s national accounts are based on data collected by local governments. However, since local governments are rewarded for meeting growth and investment targets, they have an incentive to skew local statistics. China’s …
What is investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts looking to put money in? She has long been lukewarm on gold, but not any longer. Fitts now says, “The world is choking on debt. . . …
by Dave Kranzler of Investment Research Dynamics On January 31st, Amazon reported an expected “beat” for Q4 revenue and net income. After the headline report hit the tape, the stock soared $59 to $1777 from the closing price ($1718) minutes earlier. But then …
via CNBC: A big change in lease accounting rules effective Jan. 1 requires companies to record operating leases on their balance sheets. Operating leases include everything a company rents to run its business, from office space, equipment, factories to planes …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Painful moment of truth for banks & investors. “Uncertainty over the accuracy of the companies’ books and disclosure of pertinent information”: Fitch Ratings. Defaults by Chinese companies on bonds they issued in China (“onshore” bonds, as …
The Pentagon is clawing back hundreds of millions of taxpayer-subsidized dollars it gifted to Saudi Arabia and the UAE over a three-year period, when it ‘accidentally’ refueled their aircraft for free during their war on Yemen. US Central Command is …
by John Adams of Adams Economics The real position of the global economy and of the current global debt bubble is currently hiding behind a mask of accounting and legal trickery. During the course of 2017 and 2018, two shocking stories were revealed …
Francine McKenna interviewed by Jason Burack on Wall St For Main St Jason Burack of Wall St for Main St interviewed first time guest, forensic accountant and transparency reporter at MarketWatch.com, a Dow Jones publication, Francine McKenna http://retheauditors.com/ Francine’s Market Watch articles can be …
Via ZeroHedge Update: it’s just getting ugly in Freemont. TESLA’S CHIEF PEOPLE OFFICER GABY TOLEDANO TO LEAVE CO – CNBC, CITING REPORT * * * Easy come, easy go. Just hours after Elon Musk appeared on a comedy podcast, where he …
via Sven Carlin: Summary The mania surrounding potential Berkshire buybacks has pushed the stock price up 5% but the effect is already fading. Berkshire will not buyback stock at these prices because that would destroy shareholder value. Buffett and Munger are …
Authored by Lance Roberts via RealInvestmentAdvice.com, With roughly 98% of the S&P 500 having reported earnings, as of mid-June, we can take a closer look at the results through the 1st quarter of the year. During the most recent reported period, 12-month operating …
by Thinker History now shows the actions of those who wanted to change the world for the better, and those who only wanted to profit from and enslave those that live there. Who can make changes and chooses not to …
CLAIM HUD director Ben Carson found more than $500 billion in accounting errors at the federal agency. FALSE BECAUSE The audit was initiated before Ben Carson assumed his position at HUD, and it reckons an aggregate figure of accounting errors …