Independent thinking for complex markets and current events
Discover the incredible saga of the 1970s’ most thrilling financial showdown in history! In this eye-opening video, we delve into the “Great Asset Race,” where gold, silver, stocks, and real estate competed for the ultimate prize. Key Takeaways: Gold’s Meteoric Rise: Witness how gold’s value soared from $34.75 to a staggering $873 per ounce, turning …
by Chris Black From 1990 to 2020 (http://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_12_1YR_DP05&prodType=table) the White American population fell from 75.6% to 54%, a drop of nearly 22% From 1991 to 2020 the White Canadian population fell from 87% to 69%, a drop of 18%. From 1991 (https://www.researchgate.net/figure/Population-of-Australia-by-birth-place-1991-absolute-values-and-percentages-Country_tbl3_237313195) to 2020 (https://humanrights.gov.au/sites/default/files/document/publication/Leading%20for%20Change_Blueprint2018_FINAL_Web.pdf) the White Australian population has collapsed from 89% to 72%, …
by Michael America’s societal decline appears to be accelerating. Hordes of predators are roaming our streets, drug addiction has risen to unprecedented levels, and crime is completely out of control. Some of the things that I am about to share with you are deeply disturbing. But we must face what is happening to us as …
by Dismal-Jellyfish https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2023/august-2023 Highlights: The BoE decided to raise the Bank Rate by 0.25 percentage points to 5.25% with a 6-3 vote. New projections assume the Bank Rate will peak at just over 6% and average just under 5.5% over the next three years. Economic growth has been steady, but recent indicators show possible weakening. …
Record-setting torrential rain in Beijing! Over 500 mm of rainfall in 24 hours! The weather station data has been interrupted, and the rainstorm is still going on! pic.twitter.com/DsSSogcM0D — Jim (@yangyubin1998) July 31, 2023 🚨🇨🇳 Beijing is officially underwater. Time for Taiwan to start the holy war and liberate China. pic.twitter.com/lIEC9PoHd0 — Terror Alarm (@Terror_Alarm) …
From Peter Reagan at Birch Gold Group After the most recent FOMC meeting, Chairman Powell issued an official statement explaining the decision to raise interest rates another quarter-point. That brings the Federal target funding rate to 5.25-5.5%, the highest rate in over two decades. (Granted, those were two decades of perpetual emergency, the lowest-for-longest rates in U.S. history.) …
In 2015, Ireland passed the Gender Recognition Act, which permitted trans people, beginning at age 18, to have their preferred gender recognized by the State. In 2007 however, Ireland was cited by the EU’s Convention on Human Rights as being behind the rest of Europe on this issue, and informed the country to correct the infraction. Ireland …
by Simian_Stacker This time around the Fed has already blown its wad with 15 years of QE. The builders are starting to feel it. US: Housing Starts fall 8% in June, Building Permits fall 3.7% Housing Starts and Building Permits declined sharply in June. US Dollar Index stays in positive territory above 100.00. The monthly …
This article was written by Brandon Smith and originally published at Birch Gold Group At the end of June government leaders and think-tank power brokers from around the world met at the Summit for a New Global Financing Pact in Paris. Participants include United Nations Secretary-General Antonio Guterres, US Treasury Secretary Janet Yellen, IMF Managing Director Kristalina Georgieva …
by Chris Black This is not exactly “breaking news”, but it definitely flew under the radar. BREAKING: The European Parliament just voted in support of the EU’s new Migration Pact. It will take away national sovereignty from member states & allow the European Commission to allocate any size of “mandatory migrant relocation quotas” for all …
@DavidSacks THE AMMO SHORTAGE @MarcBodnick asks a good question: “Can’t we make more ammunition? Is this really a crisis?” According to the AP, it will take the U.S. 5 years to ramp production of 155mm artillery ammo to 85k shells per month. This is up from 14k shells/month pre-war and 20k shells/month at current production …
by confoundedinterest17 To quote Bill Paxton’s character from Twister: “It’s Already Here!” The feared recession, that is. The year-over-year growth rate in Household Net Worth has been negative for 3 consecutive quarters, the worst growth since The Great Recession and Financial Crisis of 2008/2009. Of course, the Biden family household net worth is off the charts. …
THERE IS NO SOFT LANDING Not for the US consumer, not for the US Government This plane is flying straight towards a Debt Jubilee or crashing in a Great Depression 2.0 Fintwit passengers can argue about the meaning of turbulence along the way But that’s how this ride ends pic.twitter.com/uzZanBIIAC — Amy Nixon (@texasrunnerDFW) July …
Germany imported $26 billion USD worth or oil and gas in the last year. The EU as a whole imported $149 billion of Russian gas and oil. Came up in a normal conversation with a few people from the UK. I thought the flow of Russian energy to Europe had been halted. https://www.visualcapitalist.com/which-countries-are-buying-russian-fossil-fuels/ And that …
Bloomberg: Mortgage indicators ring alarms as spreads near post-subprime highs Background Worsening conditions in the U.S. mortgage-backed securities market are doing little to ease fears over financial contagion. Demand for home purchases and refinancing continued to take a hit last month, as U.S. mortgage rates increased to their highest levels since November. For many potential …
by BoatSurfer600 via YAHOO: (Bloomberg) — Sweden’s beleaguered property sector suffered another blow when one of the largest office landlords in the capital was downgraded to junk status by Moody’s Investors Service. Stockholm-based FastPartner AB saw its rating cut one step to Ba1 with the possibility for further downgrades to come if the company cannot …
And man, are the Ukie/CIA troll bot armies pissed about it!!!! Ukraine’s offensive hit a steel wall. 7,000 KIA, 160 tanks and 360 armored vehicles destroyed in just one week with trivial gains. It is a pointless bloodbath. Charred Leopard tanks and Bradley vehicles lie everywhere.Telling Ukraine to fight “for as long as it takes” …
via naturalnews: Americans are pulling hundreds of billions of dollars out of banks at the fastest pace in nearly 39 years as many economic experts are beginning to predict a repeat of the 2008 “Great Recession.” According to an analysis of the most recent data from the Federal Deposit Insurance Corporation (FDIC), “depositors took a total of $472 billion out …
https://twitter.com/NorthmanTrader/status/1668241972883062785 https://twitter.com/NorthmanTrader/status/1668243598272241667 https://twitter.com/NorthmanTrader/status/1668238110264643586
Original image by Birch Gold Group staff From Brandon Smith I want you to imagine, for a moment, a future world in which everything we now know about functioning and surviving within the economy is completely upended. This world has gone fully digital, meaning people live within a cashless society where physical monetary interactions are abandoned …
School strike week 251. Today, I graduate from school, which means I’ll no longer be able to school strike for the climate. This is then the last school strike for me, so I guess I have to write something on this day.Thread🧵 pic.twitter.com/KX8hHFDyNG — Greta Thunberg (@GretaThunberg) June 9, 2023 Greta Thunberg has been leading …
by confoundedinterest17 Sweet Home Chicago? After the unexpected resurgence in April, Chicago PMI plunged in May from 48.6 to 40.4 (against expectations of 47.3). That is the ninth straight month below 50 (in contraction)… Source: Bloomberg That is the longest streak of prints in ‘contraction’ since the Great Financial Crisis. Under the hood, none of …
