A hub for independent voices and hard truths
Authored by Michael Maharrey via SchiffGold.com, The Biden administration ran a $1.695 trillion budget deficit in fiscal 2023. It was the third-largest deficit in US history. The only time the US government ran bigger deficits was during the COVID years of 2020 and 2021. The government closed out the year with …
As Americans grapple with average monthly payments of $500 for student loans and $740 for new cars, resulting in the average American spending a staggering $1,240 each month just to finance a car and manage student debt, with delinquency rates expected to keep climbing. Meanwhile, the median homebuyer is spending …
It’s probably going to get worse for a while before it gets better. I don't think we are being told the truth about true economic data like inflation or jobs numbers 🚨🚨🚨 pic.twitter.com/L6xrm2sBpp — Wall Street Mav (@WallStreetMav) October 20, 2023 Stock market valuations stand at one of the three …
Last time was 2007-08. Recession or worse is all but certain. Bank Credit is contracting for only the 2nd time in history. The other time was during the Global Financial Crisis. pic.twitter.com/nQhX7AOgA7 — Barchart (@Barchart) October 16, 2023 The Fed is playing with fire here Monetary policy is the tightest …
Historians will look back in astonishment that this wasn’t front page news. — Wolf 🐺 (@WorldByWolf) October 12, 2023 After a brief break in the last few days, we are back to the new normal: Stocks and bonds being positively correlated, particularly during down days. One thing seems evident: We …
Investment Grade Corporate Bond ETFs experienced their 2nd highest monthly outflows in history last month 👀😱 pic.twitter.com/kIch4yy52b — Barchart (@Barchart) October 12, 2023 Fed governor Chris Waller compares the run-up in Treasury yields to the bank stress events from March. The Fed dialed back planned hikes after the SVB-initiated bank …
This is the most PATHETIC administration in US history. COUNTLESS AMERICANS ARE DEAD and being held hostage by TERRORISTS, yet Joe Biden is having BBQs and TAKING OFF TWO DAYS IN A ROW??! If you can’t handle the pressure of the presidency, Joe, IT’S TIME TO RESIGN. pic.twitter.com/TUkpVxjbQI — Nick …
by Michael History is starting to repeat itself. In 2008, bond prices crashed before stock prices did. Here in 2023, bond prices are crashing again. In fact, we are currently witnessing one of the greatest financial crashes in U.S. history at this moment. Of course most Americans have absolutely no …
The public focuses on the stock market but this bond market is much more important to the economy. There are major consequences for all the banks who hold Treasury Bonds. The level of unrealized losses has probably gone through the roof and possibly hundreds of banks are technically insolvent if …
by Chris Black This is the end of quantitative easing and returning to more normal interest rates. Are you prepared for what’s coming? Markets are beginning to suspect that there’s not going to be an … Continue reading by subscribing. Username Password Remember Me Forgot Password
Almost everything this administration touches turns to crap. I don’t think they are incompetent I think they are doing this on purpose. How many bad decisions can one man make seriously? They are globalist they are trying to destroy the American empire so they can build back better aka the …
by Michael If you are going to go out, you might as well do it with a bang. At the beginning of June, our national debt was sitting at $31,467,639,287,894.39. Today, it has risen to $33,442,148,619,617.43. That means that we have added almost two trillion dollars to the national debt in just three …
What is happening to President Donald Trump has never been done in the history of the United States. Liberals, put your anger aside for one moment and read this: The AG couldn’t find a crime, so she’s charging a criminal case covered as a Civil matter. The Judge is working …
Incredibly, ultra long-duration Treasury bonds have now lost more in % terms than stocks did during Great Financial Crisis. The drawdown in extended duration Treasury ETF (🔻58.3%) now exceeds PEAK-TO-TROUGH losses in S&P 500 during stock market crash of 2007 – 2009 (🔻56.0%) pic.twitter.com/nlXZH5xOUY — Jack Farley (@JackFarley96) October 2, …
by absoluteunitVolcker TL;DR Largest ever healthcare workers strike could begin if a deal is not reached by midnight Saturday. Contract for 75,000 workers is set to expire. The union would like 6.5% raises first two years and 5.75% raises next two years. IMHO strikes across the country are evidence that …
by Chris Black Political dissidents and opposing presidential candidates live in fear of going to prison — nothing new here. But to add insult to injury, animals like this are allowed to prowl… Continue reading by subscribing.
The Biden Administration is rewriting the history of COVID. Today, the head of OSHA claimed "we didn't demand that anyone be fired" despite issuing a worker vaccine mandate for 84 million Americans that was struck down by the Supreme Court. Previously, HHS Secretary Becerra… pic.twitter.com/Pi3O8oUgtt — Kevin Kiley (@KevinKileyCA) September …
Mystery Grows as Nearly 50 School Children Have Gone Missing in Cleveland in 30 Days and Over 1,000 This Year
https://www.youtube.com/watch?v=xmz0OxQJ1x4 We’re witnessing the worst food crisis in modern history, and new data shows it is about to go to an entirely new level. Right now, Hundreds of millions of people are desperately hungry all over the world, and an alarming number of children are facing starvation. According to the …
by Martin Armstrong Illegal aliens are pouring into America from the southern and northern borders. Cities have been destroyed, public places overrun, and local governments are wiping out their budgets to support these intruders. US citizens are beginning to clash with refugees, as was witnessed in Staten Island, NY, when people …
by Michael Hundreds of millions of people are desperately hungry all over the world, and by the time you are done reading this article more children will starve to death. Earlier this year, CNN actually admitted that we are in the midst of “the worst food crisis in modern history”, but because …
Lobbyists Grab Control at House Financial Services Hearings, Backing Jamie Dimon’s Push to Gut Higher Capital Proposals We’re very sorry to have to tell you this, but if you’re not watching Senate Banking or House Financial Services Committee hearings when the topic is about increasing bank capital or any …
“Most massive crime scene in this nation’s history…” https://t.co/cP6KGSyC3Z — James Woods (@RealJamesWoods) September 18, 2023 The invasion won’t be televised… https://t.co/AzHHgLM69K — @amuse (@amuse) September 18, 2023 SAN DIEGO, CALIFORNIA. Unmarked Busses Dropping Off Hundreds Of Illegal Migrants Into The City… 🚨 Who’s paying for these buses? Who’s organizing …
by Ok_Sea_6214 I made this in the context of Dollars versus QE. Which directly impact the value of silver of course, but I’m not quite sure what will happen to precious metals when CBDCs hit. My suspicion is that just as in the 1930’s, they’ll ban private ownership of PM’s, and …
I’ve seen some pretty ridiculous BBC historical TV shows all depicting British leaders as black – Anne Boleyn etc. But this is beyond a joke. Looks like Britain was conquered and ruled by blacks throughout history. I had to laugh at how dumb this 2minute video is, but young blacks …
Elise Stefanik on the Biden impeachment inquiry: "This will uncover the biggest political corruption scandal in our nation’s history." pic.twitter.com/8kO9vCU6w2 — Citizen Free Press (@CitizenFreePres) September 13, 2023 https://twitter.com/JoeyMannarinoUS/status/1701989583469035730
View post on imgur.com (FOX40.COM) — The California State Assembly has voted to officially recognize August as “Transgender History Month,” beginning in 2024. The resolution, which passed on Wednesday, makes California the first state in the United States to have a month that officially recognizes the history and contributions …
via yahoo: “Based on your consent, we may collect and use your biometric information for safety, security, and identification purposes,” the company said in its new policy. X doesn’t define what it considers biometric, though other companies have used the term to describe data gleaned from a person’s face, eyes …
There won’t be a bull run, the money supply growth rate is negative right now https://fred.stlouisfed.org/series/M2SL Where did that liquidity go to? Yes equities, real estate, bonds and consumer goods all around the world. What happens if the liquidity that got borrowed and is collaterized by bonds, real estate and …
