Independent thinking for complex markets and current events
Police union leaders are sounding the alarm, warning the public that the city isn’t safe. Hunt expressed grave concerns, saying he wouldn’t let his wife or kids walk down the streets of Houston at midnight under any circumstances. The safety of the city’s residents is at risk, demanding urgent attention and action to restore a …
Democrats, proving yet again that they’re the racists they’ve been warning us about. If Trump said something like this , can anyone guess what the reaction would be on MSNBC and CNN? Mayor Eric Adams says that illegals flooding New York could fill the city's lifeguard shortage because "they're excellent swimmers." pic.twitter.com/2KKm57TFS4 — Charlie Kirk …
by Charles Hugh Smith Those seeking to buy a house as shelter for their household can’t compete with the wealthy seeking assets to snap up and hoard for appreciation. Longtime readers know I’ve been addressing housing issues from the start of the blog in 2005. Let’s start with the general context of housing in the US, …
Haiti ‘will go hungry soon’, it has been warned, as looting sparks a food shortage in the Caribbean country where out-gunned police are battling rampaging gangs. Despite Haiti’s government on Thursday extending a state of emergency and nighttime curfew by a month to try and curb the violent gang attacks, US government officials fear that …
From Peter Reagan for Birch Gold Group This week, Your News to Know rounds up the latest top stories involving precious metals and the overall economy. Stories include: How a slight rebalancing to savings could shake the gold market, more bullish forecasts for gold and gold’s movement other currencies hints at its future trajectory. When private …
via DAVID JENSEN: On Wednesday January 3, 2024 the Bank of Canada (BoC) restarted its Overnight Repurchase (Repo) operation with an initial injection of $4.85 Billion CAD into the financial system – one or more bank or eligible financial institution lacked sufficient overnight liquidity and was unwilling or unable to sell assets to raise such …
Ammo prices to skyrocket due to global gunpowder shortage caused by Russia-Ukraine and Israel-Palestine conflicts One of the United States’ largest ammunition manufacturers is warning that the average price of ammo is about to skyrocket as ongoing conflicts are leading to increased buying and an anticipated global shortage of gunpowder.Vista Outdoor, a Minnesota-based designer and manufacturer of ammunition, …
A sudden spike in SOFR (Secured Overnight Financing Rate) points to a mounting reserve shortage and an overnight repo spike, surprising many as SOFR printed at 5.39% on Friday. This departure from the market’s accustomed pattern, where overnight Repo GC rates spike without a corresponding rise in SOFR, underscores the imperfections of SOFR as a …
by Virtual_Crow The RRP facility is used to take excess liquidity out of the system. Banks have a ton of extra deposits that they would loan out, and if there’s too little demand for loans they’d loan it at less than 5% (for short term loans). The Fed doesn’t want that because loaned deposits multiply …
The average age of conscription now is 43 in Ukraine which means many are much older than that. They all have that look of knowing they are going to their death in a pointless war for Western interests. This war is pointless and is a genocide against the Ukraine people. Who are they going to …
Probably nothing .. #gold pic.twitter.com/A4pVOmDAlx — Willem Middelkoop (@wmiddelkoop) October 21, 2023 h/t j_stars
Mortgage rates are now officially TRIPLE where they were just 2 years ago. However, the median sales price of a home continues to rise. Affordability is so bad that not even investors can afford to buy. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) October 17, 2023 US …
by j_stars Right back to the lease levels before the price break-out in 2008 after which the price ran 6x. The lease rate is the cost for paper metal traders to borrow bars when they are called to deliver. Spiking rate indicates shortage.
by Michael It turns out that we really do need the police after all. Do you remember a few years ago when blue cities all over the nation wanted to defund the police? Needless to say, that didn’t work out too well. Wherever police budgets were slashed, crime rates shot up. Today, we are in …
Lawyers are having trouble staying focus because they’re off their medications. Drug shortages, oh the stress and anxiety may lead to suicide. https://www.cnn.com/2023/09/04/health/adhd-drug-shortage-back-to-school/index.html Because the medicines are stimulants, they’re controlled substances, considered by the government to have a high potential for abuse. That adds an extra layer of complexity in an already opaque system for …
by Chris Black The real problem is diversity and real estate speculators. Whites fleeing chocolate cities and expensive rents means tons of high rises in midsize urban enclaves are completely empty. https://www.msn.com/en-us/money/realestate/how-the-urban-doom-loop-could-pose-the-next-economic-threat/ar-AA1fShoC
@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 scott_jr Sriracha shortage sees sauce prices spike to over $70 a bottle $1,000 car payments ✅ $800 student loan payments ✅ Maxed out credit cards ✅ $20 avocado toast ✅ $70 Sriracha ✅ On Amazon, a pack of two, 17-oz Huy Fong Sriracha bottles is retailing for $114. 59. A four-pack of 28-oz …
Engineering faculty at The Ohio State University are taking proactive steps to address the shortage of skilled workers in the semiconductor industry as the U.S. sees record investment in the field of microelectronics. At OSU’s Nanotech West lab facility, students are already learning what it takes to create and assess their own semiconductors. “I like …
via Schiff Gold: Given the current macroeconomic environment and the supply and demand dynamics, silver is significantly undervalued at $24 to $25 an ounce. The bullish case for silver in the mainstream typically revolves around price inflation. There are certainly reasons to think inflation is stickier than the powers that be want to admit and that the Federal …
Cocoa prices have soared 44% over the last nine months to seven-year highs as the global cocoa bean deficit worsens for the second consecutive year. “The cocoa market has experienced a remarkable surge in prices … This season marks the second consecutive deficit, with cocoa ending stocks expected to dwindle to unusually low levels,” S&P …
