Independent thinking for complex markets and current events
by Derokath Normal people, when they buy a car, a home, or a whiskey, do so to drive, have a roof over their head and live, or drink, respectively. They buy to use the product, not sell it off for higher price. These bitcoin bros are so deep into the scam their perception of reality …
Heavy snow, sleet, and freezing rain will cause major problems this weekend and early next week. Severe weather and tornadoes are possible on Sunday across the south. Another winter storm is possible toward the end of next week further south. ARCTIC OUTBREAKS TO FREEZE 250 MILLION IN COLDEST JANUARY SINCE 2011 (Newsweek) The United States …
BREAKING: #Bitcoin tumbles under 94K. pic.twitter.com/sn0IuI52Qv — Jacob King (@JacobKinge) December 27, 2024 They need liquidity 😈 — TrippyMike (@TrippyMike_TC) December 27, 2024 The market woke up and realized rates are high, liquidity is drying up and Powell is still serious about not cutting as much as what is desired. NASDAQ down over 2% S&P …
The Fed’s recent rate cut was called “hawkish,” which is simply wrong. Hawkishness means tightening the money supply and raising interest rates. So what’s going on? Here’s how the Fed’s latest moves will send gold higher… By Peter Reagan Your News to Know rounds up the most important stories about precious metals and the overall economy. …
NEW: Donald Trump says there is “something wrong” with autism rates in America and promises a full investigation into what’s causing it. “We’re going to look into why the autism rate is so much higher than it was 20, 25, 30 years ago. I mean, it’s like it’s 100 times higher. There’s something wrong, and …
And they’re fixing to go even higher in California in 2025… Gasoline Taxes, Water and Sewer Rates, Natural Gas and Electricity Rates, and God knows what else… Ain’t Democratic Communism Great? pic.twitter.com/S88uc5bn75 — Scott Langhoff (@67868DV) December 16, 2024
Dartmouth implements policy of ‘Institutional Restraint’: Dartmouth College has joined the growing list of elite universities to enact institutional neutrality protocols. Dartmouth College has joined the growing list of elite universities to enact institutional neutrality protocols. On Tuesday, the Dartmouth Office of the Provost shared the policy update concerning “Institutional Restraint.” The statement notes that …
Today's hotter-than-expected #inflation data, following similar news yesterday, is putting more downward pressure on #gold. But gold will soar when investors realize the Fed will keep cutting rates despite inflation, and return to QE, sending both inflation and gold much higher. — Peter Schiff (@PeterSchiff) December 13, 2024 Agricultural commodities have surged nearly 30% year-over-year, …
The unemployment level is now higher than where it was when the Fed cut rates (September). pic.twitter.com/epNpEKuaSt — Don Johnson (@DonMiami3) December 9, 2024
EAGLE PASS, Texas — Human smugglers in Mexico raised their rates to cross migrants across the border into the United States as the task of even reaching the southwest border becomes more difficult. Among the number of reasons for that and the causes cited for the rise in smuggling fees is the outcome of the …
Cattle lured in. My BS-indicator has moved into RED 😉 The amount of wise guys calling for Bull Market to continue for 12 months or SP500 to continue to 7000 or higher is spiking! Top is closing in! Not here yet – but soon😉 This is SO MUCH 2022 – just opposite end of the …
But the Golden State is still losing more workers than it’s gaining, according to an October report from the National Association of Realtors that used U.S. Census Bureau data as of third-quarter 2023. California lost almost 87,000 professionals in 2023, compared with the approximately 69,000 that entered the state in the same time period. Study …
Microstrategy was the top performing stock in Y2K and it's the top performing stock now. pic.twitter.com/SnYBtJjWl4 — Mac10 (@SuburbanDrone) November 11, 2024 Perpetual buying at higher highs keeps the cattle interested. This doesn't end well. Books shall be written. https://t.co/8IKaeuKxb3 — The Great Martis (@great_martis) November 11, 2024 MicroStrategy’s $2 Billion Bitcoin Buy Is Largest …
After shattering 30 all-time high price records, global demand for gold also hit an all-time high this year. Is massive demand causing record high prices? Or are high prices causing fear of missing out? Let’s dive into the forces behind record gold demand… Your News to Know rounds up the most important stories about precious …
Jeff Bezos is doubling down. In a meeting this morning with leftist journalists threatening a walkout unless he reverses course and endorses Kamala Harris immediately, he told them they can “f-ck off”, and that WaPo will be hiring more Trump-friendly, conservative voices and they… pic.twitter.com/ELwINptHEq — Bad Hombre (@Badhombre) October 28, 2024 Unbelievable! Jeff Bezos …
Wow The banks are currently sitting on $750 billion in losses on real estate debt. This number is 7 times larger than it was in 2008 when the housing bubble popped. 💀 pic.twitter.com/7W0rKyYhXK — QE Infinity (@StealthQE4) October 27, 2024
The trajectory. pic.twitter.com/7x59bmBk5k — Tuomas Malinen (@mtmalinen) October 23, 2024 Why in the hell are we cutting interest rates? Honestly it’s complete insanity. The bond market hates the idea as you can see by the rising 10 year yield. Inflation is still a major problem and is not under control. — QE Infinity (@StealthQE4) October …
Even though the CPI is not a true picture for grocery items. Most Americans have seen price of milk, cereals, vegetables, poultry and meat products double in last 4 years. Yet the wage increases depict a fairly accurate picture above. So isn’t it fair to increase minimum wage to match the true inflation to atleast …
The median household income necessary to purchase the median home for sale in the US ($120k) is over 40% higher than the current median household income ($85k). The most unaffordable housing market in history continues. h/t RobertBartus
Think about income inequality in America and some archetypes easily come to mind. Start with a rich corporate lawyer, earning above the roughly $1m annual income (before taxes and transfers) that places a household in the top 1% of earners. At the other end of the scale, in the bottom 20%, a single mother with a …
https://www.investopedia.com/cost-of-the-american-dream-2024-8705906 h/t Fun_Balance_1809
Florida could see another hurricane in the next week as tropical storm ‘Nadine’ moves through the Atlantic. The National Hurricane Center (NHC) issued an update Monday at 8am ET that showed the storm had a 50 percent chance of becoming a hurricane, but increased the odds at 2pm ET to 60 percent. Meteorologists said that …
The Daily Gold, Released on 10/11/24 The miners had a strong week as GDXJ and SILJ gained 2% on the week and Silver lost 2% and Gold gained only $8/oz.
https://x.com/great_martis/status/1844540983377281261 Rubino: Coming Soon: Blow-Out Gold Miner Earnings Gold miner share prices, which had languished for years, have started to gain traction as generalist investors, https://rubino.substack.com/p/more-great-gold-miner-earnings-reports Rickards: Gradually, Then Suddenly Over the past century, monetary systems change about every 30–40 years on average. Before 1914, the global monetary https://dailyreckoning.com/gradually-then-suddenly/
The spreading Middle East conflict is now one of the dominant forces driving gold and silver higher – alongside thriving central bank demand and the growing deficit of silver production. The path to $50 silver seems clear – here’s what’s next… Image CC BY 2.0 via New Zealand Defence Force From Peter Reagan for Birch Gold …
Yes, and #silver went from under $9 to $48. https://t.co/2gXFTVqWHs — David Morgan (@silverguru22) September 19, 2024 The focus solely on the labor market was a BIG mistake — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) September 18, 2024 Sorry, this is what they are calling normal? — GEO.P 🇺🇸 (@WhydaInsanity24) September 19, 2024
‘As a physiocrat, this is the most alarming chart I’ve ever seen.’ https://twitter.com/1CoastalJournal/status/1834457143770317229 Soft landing confirmed 🛬 pic.twitter.com/zX7MgPiaV1 — The Coastal Journal (@1CoastalJournal) September 13, 2024 Source: https://www.ers.usda.gov/topics/farm-economy/farm-sector-income-finances/highlights-from-the-farm-income-forecast/ Under the Biden/Harris insane regulatory agenda, every aspect of getting food to your kitchen table became astronomically more expensive – from soil/farming equipment rules to trucking costs …
The rate at which inflation is increasing slowed to 2.9% in July, but it’s still increasing. Here’s inflation under Biden/Harris compared to Trump. This is how working- and middle-class Americans experience inflation & it’s still ugly. pic.twitter.com/cPIf3B26yE — Andy Puzder (@AndyPuzder) August 14, 2024
by Dismal-Jellyfish TLDRS: Consumer credit increased at a seasonally adjusted annual rate of 2.4 percent during the second quarter. Revolving credit (credit cards) increased at an annual rate of 1.2 percent. Nonrevolving credit increased at an annual rate of 2.9 percent. In June, consumer credit increased at an annual rate of 2.1 percent. Consumer Credit …
