by GoldCore Central Bank Gold Buying Hits Highest Level in Six Years – Central banks have emerged as some of the biggest buyers of gold this year as reported by the Financial Times – Poland added to its gold reserves last …
by Notifinio Most important things about personal finance I wish I knew 10 years back. Original text is on Quora 1. Spend less than your cash flow. Easy enough concept, and it is the number one rule. 2. Pay yourself first. When you …
via bi The percentage of global stock markets outperforming their benchmark is close to the lowest in 30 years, according to Morgan Stanley data. The conditions that cause this measure to rebound will go a long way towards signaling whether …
via confoundedinterest: Hong Kong, with a stressed housing market with staggeringly high prices, just saw a surge in interest rates. (Bloomberg) — The Hong Kong dollar’s surge reverberated across the city’s money market on Monday, with interbank rates climbing by the most …
Gallup: Forty-five percent of Americans now have a favorable view of the Republican Party, a nine-point gain from last September’s 36%. It is the party’s most positive image since it registered 47% in January 2011, shortly after taking control of …
by LV Yesterday, at an event sponsored by the World Affairs Council in Philadelphia, Jamie Dimon, CEO of JPMorgan Chase & Co., said that “it’s going to be 25 years before banks are forgiven” for the bailouts our government doled out to the nation’s …
by Jesse Comparing GLD and PHYS, we see that their performance is fairly close to the performance of gold itself. In the decline of this year there is more ‘slippage’ in PHYS as compared to GLD, by about 100 bp. …
Wells Fargo plans to lower its employee headcount by 5 percent to 10 percent in the next three years. The bank has 265,000 employees, meaning the reduction would result in a loss of between 13,250 and 26,500 jobs. The move …
By Harry Dent I agree with him! The richest man in China, Alibaba co-founder Jack Ma, reckons the trade war is the beginning of a long-term battle for supremacy between China and the U.S. He’s sees no effective short-term solution …
Ten years is a long time. Nearly long enough to forget that Google — and for that matter, Apple — have the ability to control some parts of your phone over the internet. And maybe quietly change things without your …
75% of the ultra-rich forecast a US recession in the next two years, survey finds from CNBC. Of those expecting an economic downturn in the U.S., a fifth of respondents — 21 percent — believe it will begin in …
via visualcapitalist: The history of Europe is breathtakingly complex. While there are rare exceptions like Andorra and Portugal, which have had remarkably static borders for hundreds of years, jurisdiction over portions of the continent’s landmass has changed hands innumerable times. Today’s video comes …
by Simon Black “Holy Crap– turn on your TV! This is crazy!” It was Sunday, September 14, 2008. Exactly 10 years ago to the day. My friend Jeff called me and told me to turn on the television—where I saw dozens …
Ten years ago, the collapse of Lehman Brothers signaled that the U.S. was hurtling toward a financial crisis. In the years that followed, consumers faced difficulty managing debt as the economy contracted, unemployment accelerated and incomes stagnated. The Federal Reserve …
https://www.youtube.com/watch?v=vQD3P54YGFA
Global #Liquidity collapses again 10 years after #Lehman and the #GFC pic.twitter.com/FrWz6JvFiQ — CrossBorder Capital/ GLIndexes (@crossbordercap) September 13, 2018 Asian GLI out now : Asia Liquidity Index™ at 31.8 of range 0-100Asia Policy-makers accumulate defensive USD forexreservesUS dollar likely …
LIZ SHELD’S MORNING BRIEF: Obama campaign speech reviews are in, and they’re not good… “The speeches have proven unremarkable, except for the fact that they happened.” So it’s a dog-bites-man story then. Tyler O’Neil is filling in for Liz today. Obama’s achievements: …
Obama’s Economy: “That’s one of the lowest numbers we’ve seen in years.” “That’s a horrific number.” VS. Trump’s Economy: “That’s a wow number.” “It keeps getting better and better and better.” See video will blow you away Obama’s Economy: “That’s …
U.S. Discretionary Spending from Will Geary on Vimeo. Made with Processing: https://processing.org/ Data from the Office of Management and Budget: https://www.whitehouse.gov/omb/historical-tables/ (Table 8.8) h/t transitmapper
via csis.org: The Issue Five years since it was announced, China’s massive Belt and Road Initiative (BRI) has yet to materialize on the ground as promised. According to Chinese officials, the BRI includes six economic corridors that will carry goods, people, …
via canonicalized: I have the actual numbers in the interactive version https://public.tableau.com/profile/dorian.barosan#!/vizhome/Sixteenyearsoflostdamagedandstolenitemaccusations/TSAClaims
via Shawn Langlois Is this bull market finally running on fumes? Nobody really knows, of course, but, up to this point, no amount of hand-wringing over politics, valuations, Fed tightening, etc., has managed to kill what many, including the president, believe …
by Charles Hugh-Smith If the world’s economies still need central bank life support to survive, they aren’t healthy–they’re barely clinging to life. The “recovery”/Bull Market is in its 10th year, and yet central banks are still tiptoeing around as if …
via @OccupyWisdom : https://twitter.com/OccupyWisdom/status/1037128314358571009 https://twitter.com/OccupyWisdom/status/1037128320872325121 https://twitter.com/OccupyWisdom/status/1037128326601682947 https://twitter.com/OccupyWisdom/status/1037128336256974854
Crimes committed by illegal immigrants should be public information everywhere like in Texas. h/t AmericanPig-Dog
by Jim Quinn “A variety of investors provided capital to financial companies, with which they made irresponsible loans and took excessive risks. These activities resulted in real losses, which have largely wiped out the shareholder equity of the companies. But …
Free Speech should be allowed world wide, it is a crime against humanity to restrict anyone from talking about anything. In this case it goes way beyond restricting speech , it allows for further genocide, genocide that the government is …
2011-01-06, CNN http://transcripts.cnn.com/TRANSCRIPTS/1101/06/acd.02.html The Pentagon porn story began in 2006. An Immigration and Customs Enforcement [ICE] child pornography sting operation called Project Flicker produced payment records of about 5,200 people, many of whom provided Army or fleet zip codes or …
by SpontaneousDisorder Source: https://www.bloomberg.com/news/articles/2018-08-28/u-s-consumer-confidence-rises-to-highest-in-almost-18-years Consumer confidence tends to top with everything else, because the rise and fall of the markets/economy is based on confidence. Its extremely high right now. ZH has a longer term chart https://www.zerohedge.com/news/2018-08-28/consumer-confidence-explodes-18-year-high
https://www.youtube.com/watch?time_continue=1&v=qWr2kTR6F4g 10/24/2008 – CNBC Stock Market Opening Bell (Stock Futures Hit Limit Down). https://twitter.com/a2bmedia2012/status/1033273041147584512