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Gold Futures Extend Gains To 8 Year Highs After Pelosi’s Trillion-Dollar Promise
Gold Futures Extend Gains To 8 Year Highs After Pelosi’s Trillion-Dollar Promise COVID-19 appears to have impacted the deep fiscally-conservative regions of the brains of politicians more than many suspected possible as left, right, and center seem to be coalescing around the fact that moar spending is better, moar helicopter money is even better-er, and […]
The Great Government Gold Heist of 1933
The Great Government Gold Heist of 1933 Yesterday marked the anniversary of the great government gold heist of 1933 ordered by President Franklin D. Roosevelt. On April 5, 1933, the president signed Executive Order 6102. It was touted as a measure to stop gold hoarding, but it was in reality, a massive gold confiscation scheme. […]
Rabobank: “There Will Be Attempts To Go Back To Normal After This Crisis, But It Will Be Impossible”
Rabobank: “There Will Be Attempts To Go Back To Normal After This Crisis, But It Will Be Impossible” The Grand National-ists The weekend’s world-famous UK horse race, the Grand National, was won by Potters Corner, trained in Wales and ridden by Jack Tudor, at 18-1. That’s a little unusual – but not as much as the […]
The OPEC Meeting Could Send Oil Prices Crashing Below $10
The OPEC Meeting Could Send Oil Prices Crashing Below $10 The current optimism of analysts and the media that an end to the ongoing OPEC+ oil price spat is near is entirely unjustified. The ongoing oil market volatility, the battle between leading producers for market share, the logistical impossibility of enforcing U.S. production cuts, and […]
Crude Crashes Over 10% After OPEC+ Meeting Delays
Crude Crashes Over 10% After OPEC+ Meeting Delays Crude prices are plunging early in Asian trading with Brent down 12% following a delay to the much-hoped-for OPEC+ meeting (due tomorrow, Monday, but now pushed off until Thursday). As Ransquawk details, an OPEC+ call that was scheduled for Monday has been delayed until Thursday, amid an intensifying dispute between […]
“They Want Their Monies Out” – Baltimore Residents ‘Storm Bank’ Amid Fears Of Social Unrest
“They Want Their Monies Out” – Baltimore Residents ‘Storm Bank’ Amid Fears Of Social Unrest The evolution of panic hoarding started with 3M N95 masks, then hand sanitizers, non-perishable foods, guns and ammo, and now cash? A video surfaced on Instagram on Saturday, showing a possible bank run in Baltimore City at the MECU Credit Union, located […]
When It’s Over, Will We Be the Same America?
When It’s Over, Will We Be the Same America? If March shocked this nation as severely as 9/11, what is coming may be even more sobering. “Depend upon it, sir, when a man knows he is to be hanged in a fortnight, it concentrates his mind wonderfully,” said Samuel Johnson. And as it is with […]
The Fate Of Oil’s Torrid Rally Hinges On Trump’s Meeting With US Shale Producers Today: Here’s Why
The Fate Of Oil’s Torrid Rally Hinges On Trump’s Meeting With US Shale Producers Today: Here’s Why Oil has staged a tremendous surge in the past 48 hours, largely on the back of speculation that Trump will “encourage” Saudi Arabia and Russia to pursue output cuts, even though as it subsequently emerged when Trump tweeted […]
March Jobs Disaster: 701,000 Jobs Lost, Unemplyment Rate Soars Most In 45 Years As US Slides Into Depression
March Jobs Disaster: 701,000 Jobs Lost, Unemplyment Rate Soars Most In 45 Years As US Slides Into Depression Just like that the 113 record straight months of employment growth is over with a bang. While today’s payrolls report was expected to be not quite as terrible as the recent initial claims suggested, especially since the […]
Could the Covid19 Response be More Deadly than the Virus?
Could the Covid19 Response be More Deadly than the Virus? The economic, social and public health consequences of these measures could claim millions of victims The initial, alarming estimates of deaths from the virus COVID-19 were that as many as 2.2 million people would die in the United States. This number is comparable to the […]
Depression Strikes America, Looting Begins, Panic Searching “Buy Ammo” Hits Record
Depression Strikes America, Looting Begins, Panic Searching “Buy Ammo” Hits Record With a labor market in freefall, ten million Americans have lost their jobs in two weeks. CNN reported Thursday afternoon that stimulus checks for households could take up to 20 weeks, which is creating a perfect storm of possible social unrest. The Federation of Red […]
U.S. Silver Eagle Sales Surge Past 5 Million In March: Availability At Low Prices… CHECK HERE
U.S. Silver Eagle Sales Surge Past 5 Million In March: Availability At Low Prices… CHECK HERE With the U.S. Mint now temporarily suspended, it will become even more difficult to acquire Silver Eagles. According to James Anderson at SilverDoctors, the U.S. Mint shut down its West Point Facility due to an officer testing positive for the […]
Tucker Carlson: The WHO Helped China Cover-Up Coronavirus
Tucker Carlson: The WHO Helped China Cover-Up Coronavirus And the U.S. media turned a blind eye. Tucker Carlson exposed during a powerful monologue last night how the World Health Organization helped China cover-up the severity of coronavirus and how the U.S. media turned a blind eye. The Fox News host noted how World Health Organization […]
Coronavirus is bad: The economic fallout may be more deadly
Coronavirus is bad: The economic fallout may be more deadly The immediate impacts of the Coronavirus worldwide and in the United States is horrific but the economic fallout after this pandemic ends may be more deadly. Economic Fallout Caused By Coronavirus Will Be Far Worse But the economic fallout and resulting impact on our fragile just-in-time supply-chain […]
“The Biggest Decline Ever”: Goldman Now Sees US GDP Crashing 34% In Q2
“The Biggest Decline Ever”: Goldman Now Sees US GDP Crashing 34% In Q2 Just over a week ago, when we reported on the ongoing feud between Goldman and JPM to come up with the most terrifying GDP forecast for the US, and when we asked if a Second Great Depression has begun after Goldman’s chief economist Jan […]
