Independent thinking for complex markets and current events
Reserve Bank of India has moved 100 tonnes of gold from the UK to its vaults in India, marking a significant shift in gold storage. The transfer was for logistical and storage diversification reasons. NEW DELHI: Reserve Bank of India has moved a little over 100 tonnes of gold from the UK to its vaults …
The movie, which focuses on Trump’s younger years as a real estate developer, premiered at the Cannes Film Festival this week. Former President Donald Trump is trying to stop a movie about him from being released by sending a cease-and-desist letter to the filmmakers. Trump sent the letter on Friday to the filmmakers behind “The …
The public has a right to hear the transcript. President Joe Biden has blocked the release of audio recordings of his interviews with the special counsel who investigated his handling of classified documents, per FT — unusual_whales (@unusual_whales) May 16, 2024 In a dramatic turn of events, a House panel has escalated tensions by advancing …
via Mike Shedlock The ISM manufacturing index is back in contraction after a one month reprieve, but prices expand sharply. It’s a bad mix. ISM chart and excerpts below by permission from the Institute for Supply Management® ISM® The April 2024 Manufacturing ISM® Report On Business® looks dismal except for production. The U.S. manufacturing sector dropped back into …
Tehran has threatened to retaliate for Israeli attack on Iranian diplomatic building in Syria The U.S. rushed warships into position to protect Israel and American forces in the region, hoping to head off a direct attack from Iran on Israel that could come as soon as Friday or Saturday. The moves by the U.S. that …
In a surprising turn of events, seven corporate executives are offloading their shares at an unprecedented pace, reminiscent of the sell-off trend witnessed in 2021. Jamie Dimon, the head of JPMorgan, parted with $150 million worth of $JPM shares on February 22, marking a notable move in the financial sector. Meanwhile, Mark Zuckerberg shed $661 …
by Chris Black Well, that escalated quickly. I guess we’re just going to cancel the utopia? How can you have a utopia that arrests people simply for living on the streets in tents and shooting up fentanyl in front of children? It’s fascism. The Guardian: Oregon lawmakers have moved to reintroduce criminal penalties for the …
With months of negotiations on the toxic border issue certain to end in failure Wednesday, Senate Republicans are indicating they might be willing to advance a more straightforward aid package for Ukraine, Israel and Taiwan. Senate Majority Leader Chuck Schumer is expected to force votes on a foreign assistance package with border security policies Wednesday afternoon, which Republicans say …
A Maine Republican state legislator, Representative John Andrews, has expressed his intention to pursue impeachment against Maine Secretary of State Shenna Bellows. This comes after Bellows disqualified former President Donald Trump from the 2024 Republican primary ballot, referencing Section 3 of the 14th Amendment of the U.S. Constitution, which prohibits individuals who have “engaged in insurrection” …
Gold has officially achieved its highest closing price in history, marking a significant yet largely unnoticed macro move. The record-breaking ascent of gold prices, now firmly above $2,060, is attributed to a weak US Dollar, lower Treasury yields, Fed easing expectations, and geopolitical tensions in the Middle East. The surge in gold prices reflects broader …
BRICS+ coming soon ! https://t.co/Cz0yMpENEM — T ⛩ てぃ (@TeongH_SR) December 26, 2023
With gold setting the stage for a significant move, 2024 is likely to be the year for precious metals. Investors remain gun-shy about deploying capital into the mining industry, which is poised to be one of the best segments of the market in the coming year. Silver,… pic.twitter.com/JZaRMU1pLl — Otavio (Tavi) Costa (@TaviCosta) December 19, 2023 …
In a distressing revelation, the Federal Reserve anticipates three rate cuts next year, acknowledging the challenge posed by persistent inflation. The economic engine falters as demand plummets for homes, vehicles, and goods, painting a grim picture of financial distress among Americans. Once deemed a lifeline, credit cards are now avoided, sinking below pre-pandemic levels. Soaring …
Translation: Chinese Army: An American warship illegally entered the waters adjacent to Second Thomas Shoal Island in the South China Sea. 🚨🚨الجيش الصيني يُحرك المدمرات ويُعلن: الولايات المتحدة عطلت الحركة في بحر الصين الجنوبي عمدا وانتهكت سيادة الصين بشكل خطير. pic.twitter.com/1r28zTqGR2 — الأحداث العالمية (@NewsNow4USA) December 4, 2023 Translation: The Chinese army moves the destroyers …
Bank of Japan’s paper loss on JGB holdings grows to record $71bn Higher rates could erode finances if central bank moves toward easing exit TOKYO — The Bank of Japan’s unrealized losses on its Japanese government bond holdings swelled to 10.5 trillion yen ($71.2 billion) at the end of September, according to financial statements released …
The recent $185 billion bank bailout in Switzerland has raised eyebrows as the country now contemplates a concerning measure: potentially restricting bank withdrawals to prevent a mass exodus of depositors during future financial crises. This move reflects the growing challenges in the global financial system, where authorities grapple with the notion that banks are becoming …
The Federal Reserve’s efforts to weaken the labor market could have serious implications for the housing sector, as dwindling savings and potential job losses create a looming threat of rising foreclosures, amplifying the fragility of the housing market. If the Fed "succeeds" in weakening the labor market, it will impact housing. With excess savings depleted, …
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 America thirty years from now. The banking cabal is intentionally creating a global economic crisis in order to kill China. …
via MSN: CVS is set to close hundreds of stores across the country as it undergoes a complete retail overhaul – as more outlets move towards online sellers amid rampant increases in crime. The major drugstore chain is coming to the end of a policy launched in 2021 which will see 300 stores closed each …
CVS is set to close hundreds of stores across the country as they undergo a complete retail overhaul – as more stores move towards online sellers amid rampant increases in crime. The major drugstore chain is coming to the end of a policy launched in 2021 which will see 300 stores closed each year – …
by Chris Black Remember this? Literal banana republic. The GOP nominee will not be Trump: Mike Pence: "I remain confident, more confident after Wednesday night that the Republican nominee will not be the former President." Why isn't Pence concerned about Biden politicizing the DOJ to go after the leading Republican Presidential Nominee, Donald Trump? pic.twitter.com/Q5BO59lX4s …
BREAKING: Republican Georgia state Senator Colton Moore moves to impeach Georgia District Attorney Fani Willis for her actions against Trump. Finally, a Republican with a backbone. “I’m not going to sit back and watch as radical left prosecutors weaponize their elected offices to politically target their opponents,” Moore said. “As a Georgia State Senator, I …
“PYEONGTAEK, South Korea (AP) — The dogs bark and stare as Kim Jong-kil approaches the rusty cages housing the large, short-haired animals he sells for their meat. Kim opens a door and pets one dog’s neck and chest. Kim says he’s proud of the dog meat farm that has supported his family for 27 years, …
by Michael While everybody else is distracted, the globalists are making absolutely enormous moves. Previously, I have written about the UN’s new worldwide system for cracking down on “misinformation” and about their desire to implement a global system of digital identification that is tied to our bank accounts. I realize that these things sound really wild, but they aren’t …
“Despite US economic activity sharply contracting, the market has been moving higher This is not the time to FOMO” Despite US economic activity sharply contracting, the market has been moving higher This is not the time to FOMO pic.twitter.com/LymLphScDd — Bravos Research (@bravosresearch) July 5, 2023 “The labor market has begun weakening Jobless claims has …
Animals including sharks and some reptile species can continuously regrow teeth. It’s been assumed that humans only grow two sets of teeth in their lifetime, but in fact, there is evidence that we also have the “buds” for a third set. When treatment of teeth is no longer possible due to severe cavities or erosion …
BREAKING.🚨🚨 New smoking gun evidence uncovered in the Hunter Biden investigation now have many believing Joe Biden may ultimately be forced to resign.https://t.co/nun4zAfB7Z — Kyle Becker (@kylenabecker) June 22, 2023 New evidence has surfaced showing that Hunter Biden sought to fulfill a deal with a Chinese national in 2017 where he said he was “sitting …
Amendments to two laws are making their way through the State Duma The Russian parliament on Wednesday advanced the proposal to outlaw almost all sex reassignment surgery, as well as gender changes on official documents. Speaker Vyacheslav Volodin cited US statistics as an argument to proceed quickly and “ban all this fornication.” Amendments to two laws …