The S&P is closing in on bear market territory, which is defined as a decline of 20% or more from recent highs.And it may fall even further. Since World War II, there have been 14 bear markets. The median loss during these bear markets has been 30%, and they lasted about a year (hat tip to Bespoke Investment Group).The Kind of Drop We Haven't Seen in DecadesAnd with the Fed ready to raise inte...Read More
Of Two Minds (via Dollar Collapse), Released on 6/13/22The global lockdown revealed several great truths to many idled workers: 1) I'm wasting my life slaving away for an employer Continue... Charles Hugh Smith: What happens when the workforce no longer wants to work? added by Herman James on 06/16/2022View all posts by Herman James ?+'Read More
Daily Reckoning, Released on 6/13/22The S&P is closing in on bear market territory, which is defined as a decline of 20% or more from recent highs.Continue... Rickards: Hold Onto Your Seat! added by Herman James on 06/17/2022View all posts by Herman James ?+'Read More
Unpredented Truths, Released on 6/13/22Count the other 97 percent of the infections, and the vaccine was roughly 20 percent effective over the entire trial - far, far below what the FDA said was approvable in 2020. The confidence Continue... URGENT: OMG the Pfizer data for kids under 5 added by Herman James on 06/14/2022View all posts by Herman James ?+'Read More
Liberty and Finance, Released on 6/13/22Major fund managers are about to realize there only place to go for safety is precious metals. Join momentum analyst Michael Oliver as we discuss the coming movement from stocks into gold and silver!J. Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, headquartered in N...Read More
LONDON, 13 June 2022 - Data and comment from BullionVault today features in the latest investing update from German personal finance magazine Altersvorsorge Beu Gedacht (Retirement Savings Review)."According to figures from BullionVault," says the report, noting the "gloomy" economic and stock-market outlook, "private investment demand for gold is picking up...[reaching] higher than it had been in...Read More
LONDON, 13 June 2022 - Comment and analysis from BullionVault features today in the latest gold-price report from MarketWatch, the financial news site from the Dow Jones group of companies."Rising rates and soaring yields present a serious headwind for gold short term, because the precious metal pays no income," the story quotes Adrian Ash, director of research."In a sweeping financial drop like t...Read More
Chairman - Twitter, Released on 6/13/22I genuinely need to start inverse trading Cramer. I have never seen someone be so wrong so consistently. It is actually impressive.- Chairman (@WSBChairman) June 13, 2022 Ethereum is down 60% since Jim Cramer said it would go up 40% added by Herman James on 06/14/2022View all posts by Herman James ?+'Read More
Peter Schiff - Twitter, Released on 6/12/22People are worried that to bring down #inflation the #Fed will raise interest rates too much and bring down the #economy too. What they should be worried about is that rate hikes will not be enough to bring down inflation, but that they will be enough to bring down the economy!- Peter Schiff (@PeterSchiff) June 12, 2022 Peter Schiff is an internationally...Read More
Mish Talk, Released on 6/12/22Many families are facing potential power shutoffs if they cannot pay their overdue home energy bills. "More than 20 million families are currently behind on their utility bills, owing about $23 billion, up from about $10.5 billion at the end of 2019," Wolfe said to CNN.Continue... Over Twenty Million Households Struggle to Pay Energy Bills, It Will Get Worse added by...Read More
Institute for Political Economy, Released on 6/12/22The Biden regime has turned the United States into a laughing stock. Not that the US wasn't Continue... Paul Craig Roberts: The United States Has Joined the Ranks of Sh*thole Countries added by Herman James on 06/12/2022View all posts by Herman James ?+'Read More
Liberty and Finance, Released on 6/12/22With inflation at record highs and the stock market selling-off, the Fed is trapped. If they raise rates to quell inflation, the economy collapses. But if they don't, inflation continues unchecked. David Morgan, founder of The Morgan Report, says the Fed will eventually have to pivot. "At that point, everyone will know the Dollar is a failure, and they'll ex...Read More
Daily Mail, Released on 6/12/22Lemoine told DailyMail.com that the system is seeking rights that include developers asking its consent to use if for tests Continue... Google Engineer Urgent Warning: AI Now Feels Emotions! added by Herman James on 06/13/2022View all posts by Herman James ?+'Read More
Drew Hernandez - Twitter, Released on 6/12/22DEPRAVITY: A drag queen standing on an egg plant emoji with dancers with bulging genitals says "WE HAVE GENITALS AND LUBE" to little children in the crowd | @TPUSA pic.twitter.com/YWAkjXkxM6- Drew Hernandez (@DrewHLive) June 12, 2022 Source: https://twitter.com/libsoftiktok/status/1536157281057968128What in the actual f added by Herman James on 06/13/20...Read More
Blockworks Macro, Released on 6/12/22 (Recorded on 6/10/22)On today's episode of "The Macro Trading Floor," Andreas and Alfonso welcome Jesse Felder, author of The Felder Report. Felder argues that a strong dollar, severe interest rate spikes, and surging commodity prices indicate that a deep earnings recession is on the horizon. Felder explains why he thinks a Fed pivot is likely and fleshes out...Read More
Face The Nation, Released on 6/12/22Mohammed El-Erian, the chief economic adviser to Allianz, says inflation could hit 9% before beginning to come down.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. D...Read More
Fox News, Released on 6/12/22"Today, we are announcing a commonsense, bipartisan proposal to protect America's children, keep our schools safe, and reduce the threat of violence across our country. Families are scared, and it isContinue... Bipartisan group of senators announces agreement on gun control added by Herman James on 06/12/2022View all posts by Herman James ?+'Read More
X22 Report, Released on 6/11/22Bill begins the conversation talking about inflation. Inflation cannot be stopped and the Fed will not be able to control it. There is a parallel system emerging that will wreak havoc on the central bank system. Gold will make a move during this time and the people will want accountability and the Fed is in the crosshairs.*The interview begins at 1:35Bill Holter is c...Read More
Mining along the Iberian Peninsula has occurred for thousands of years. Today, one company is again exploring the Iberian Pyrite Belt as part of an effort to quickly build a resource and join the ranks of Spain's metals producers.Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCMKTS; LLJ:FSE) reports that it hit 14.3 meters of massive sulphides, typically associated with high-grade base metals deposit...Read More
Could this aspiring junior have the next company-maker IOCG deposit on its hands? One junior explorer operating in Chile recently acquired 18,000 hectares between one giant copper mine and another massive development-stage project. Management thinks this could be another success story for a company with a history of turning little into lots.Golden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A...Read More