A hub for independent voices and signals
Gal Luft, the “missing” witness in the House Oversight Committee’s Biden family corruption investigation, has told The Post he is alive and living as a fugitive in an undisclosed location. The former Israeli Defense Force colonel vanished from Cyprus last month while on bail …
The government is technically in default? "QT has almost been entirely offset by Janet Yellen running down the Treasury Savings Account. She could have sold 10 years for under 1%… instead she runs down the Treasury Savings Account." pic.twitter.com/BMcFE6gGKk — …
Results are in— conservative boycotts are crushing woke corporations: -Target has lost $12 billion in the last week -Bud Light has lost $26 billion in the past 2 months -Kohls stock dropped 6.5% in two days This is what WINNING …
by confoundedinterest17 Under Biden, the US economy is a land of confusion. Under Biden’s Reign of Error, Mortgage Purchase Demand is down -44%, Refi Demand is down -87%, and Mortgage Rates are UP 106%. Mortgage applications (demand) decreased 3.7 percent from one week …
Grassley & Comer To Wray: Provide The Unclassified Documents Or Face Contempt WASHINGTON – House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) and Senator Chuck Grassley (R-Iowa) today issued the following statements after their discussion with FBI Director Christopher …
WHITE HOUSE'S KIRBY: U.S. ANNOUNCING ADDITIONAL AID PACKAGE FOR UKRAINE No need to wait for the debt ceiling deal vote — zerohedge (@zerohedge) May 31, 2023 White House: “Horrible things will happen if the US Treasury runs out of cash”. …
‘A court ruled the owners of Purdue Pharma, the Sackler family, will be protected from civil lawsuits linked to the opioid crisis in exchange for a $6 billion settlement. Purdue, which filed for bankruptcy in 2019 amid thousands of lawsuits, …
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 …
Guest Post by Simon Black from Sovereign Man: Paris. Such a romantic city. Sip cafe at a sidewalk bistro, while you take in the wafting smell of burning rubber from the street fires. Take a picture with the Eiffel Tower, …
Guest Post by Adam Hamilton at Zeal LLC: The gold miners’ stocks are soaring again, just blasting to new upleg highs this week! They are following their metal higher and amplifying its gains like usual. Yet despite their dramatic surges …
Guest Post by Ryan McMaken, Editor of the Mises Wire at Mises.org: Last week, Fox News aired a segment discussing the possibility that the US dollar will cease to be the global reserve currency and what that would mean for Americans. The …
Guest Post by Peter C. Earle at the American Institute for Economic Research: Last week, China and Brazil reached an agreement to settle trades in one anothers’ currencies. Over the past 15 years, China has replaced the United States as …
Guest Post by Jordan Roy-Byrne at thedailygold.com: Gold is on the cusp of a major breakout from its super-bullish cup and handle pattern. The measured upside target is $3000/oz, and the log target is roughly $4000/oz. These targets may sound …
Guest Post by Nick Giamburno at International Man: It’s been rightly said that “he who holds the gold makes the rules.” After World War 2, the US had the largest gold reserves in the world, by far. Along with …
Guest Post by Charles Hugh Smith at Oftwominds.com: This is how we’ll end up with severe shortages of truly skilled labor and high unemployment of those who lack the necessary skills. The labor force and the job market are referred to as if …
Guest Post by Richard Mills from Aheadoftheherd.com: Earlier, we listed the various reasons why the US dollar is headed lower. But this doesn’t mean all safe-haven assets are in for a reality check. In fact, this might be an opportune time …
Guest Post by Michael Maharrey at SchiffGold.com: Could the commercial real estate market be the next thing to break in this bubble economy? The rampant money creation and zero percent interest rates during the COVID pandemic on top of three …
by Chris Black These are the biggest loans (a little bit different from QE though, as they must be repaid with interest >0 ) in the history of the Federal Reserve by the way. RT: US banks… Continue reading by …
by Chris Black I don’t know how to tell you that and how many time we will have to tell you that (stop reading fear-porn-selling retards like Snyder) but the stock market will never “crash” ever again… Continue reading by …
55 Trillion in garbage derivatives + 16:1 naked short in Silver and 4:1 naked short Gold + 2-Week Jim Cramer Effect = DOOM! JP Morgan is a fortress — Jim Cramer (@jimcramer) March 10, 2023 Closer to 50 Trillion at …
via NYPOST: Bill Ackman in a tweet on Friday said Bank of America is going to acquire Signature Bank on Monday, without citing the source of the information. “I am hearing that @BankofAmerica is going to buy Signature Bank on Monday. Unless and until we …
by Dismal-Jellyfish It gets even more interesting! 1 year ago: 3/16: 18,073.5395 Billion. High was hit 4/13/2022: 18,130.6814 Billion. Over half a trillion in deposits pulled in the last year! Board of Governors of the Federal Reserve System (US), Deposits, …
by recklessSPY The Fed was on track to keep raising rates to stop inflation. Unemployment still hot and retail still spending. No reason to abate – maintain rates. Some banks f’d up and didn’t hedge their interest rate risk. Runs …
Top Chart: Over the past +50 years, the inversions of the 50 day SMA of the 10 year treasury rates minus the 50 day SMA of the 3 month treasury rates have all preceded the start of a U.S. …
Total deposits across all banks are much higher now, $17.6t now vs $6.7t in 2008. https://wolfstreet.com/2023/03/16/fed-loaned-160-billion-to-banks-and-142-billion-to-fdic-but-qt-related-roll-off-continued/ In 2008 banks had trouble because they were holding lots of mortgages and MBSs and their value went down a lot, losing them ton …
The bond market is showing the most fear outside of the 2008 crisis. Equity and currency volatility are at much lower levels, while the MOVE gauge of Treasuries volatility is at its highest level since 2011. This suggests that investors …
via justice.gov: Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, March 9, 2023 Former Wall Street Precious Metal Traders Sentenced for Wire Fraud Two former Wall Street traders were each sentenced today to one year and one …
I was gonna put some into the CD. 3.75 apr. Just today they pulled that offer from the website. This is not looking good folks. AC
by BoatSurfer600