Zero Hedge, Released on 7/18/22The 12 point drop is the biggest in the 30-year history of the survey outside of the COVID-Lockdown plunge in 2020."Production bottlenecks, rising home building costs and high inflation are causing many builders to halt construction Continue... Homebuilder Confidence Collapses In July added by Herman James on 07/18/2022View all posts by Herman James ?+'Read More
Forbes, Released on 7/18/22If you believe that the dollar is overextended relative to other currencies, and that Continue... For The First Time In 20 Years, 1 Dollar = 1 Euro. What This Means For Gold added by Herman James on 07/18/2022View all posts by Herman James ?+'Read More
George Gammon, Released on 7/18/22Ronald-Peter St??ferle is Managing Partner and Fund manager at Incrementum AG, based in the Principality of Liechtenstein. The company focusses on asset management and wealth management and is one hundred percent owned by its partners. Ronald manages a fund that invests based on the principles of the Austrian School of Economics.George Edward Gammon is an American...Read More
ABC 7 Los Angeles (via MSN), Released on 7/18/22"To have a robbery like this occur with that amount of money, possibly upwards of $150 million in losses, is just incredible," Continue... Brinks Armored Truck Robbed of $150 Million Worth of Jewelry added by Herman James on 07/19/2022View all posts by Herman James ?+'Read More
Bloomberg (via Yahoo Finance), Released on 7/18/22"Nobody ever said boo about doing it. No one ever said it was legal or illegal. It was common practice."Continue... Spoofing Gold Price Was A 'Common Practice' at Bear Stearns, Ex-Trader Says added by Herman James on 07/19/2022View all posts by Herman James ?+'Read More
Of Two Minds, Released on 7/18/22Waste is not growth, and neither are the unlimited expansion of debt and speculative bubbles.Continue... Charles Hugh Smith: The Real Policy Error Is Expanding Debt and Calling It "Growth" added by Herman James on 07/20/2022View all posts by Herman James ?+'Read More
Right now, it's basically a case of the Fed versus the economy. You might say, "Wait a second. Isn't the Fed supposed to help the economy?"Well, not exactly. They may want to help the economy, but helping the economy actually isn’t job one. Job one is helping the banks. The Fed was essentially created to prop up the banking system and prevent bank runs.Everything else it tries to accomplish,...Read More
StrikePoint Gold Inc. is "laser-focused" on its Porter Idaho and Willoughby properties in British Columbia's Golden Triangle.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) is "laser-focused" on its summer exploration campaign at its two flagship 100%-owned Golden Triangle projects in British Columbia.Chief Executive Officer and Director Shawn Khunkhun said the company is not laying low during the...Read More
Retirement Lifestyle Advocates, Released on 7/17/22Historically, residential real estate has to be priced at such a level that the average person can buy the average house and raise an average family in it, on the wages that are available within that particular area. It's very local. An audience favorite, our guest this week on Retirement Lifestyle Advocates radio is Karl Denninger. Karl points ou...Read More
Wall Street Silver, Released on 7/17/22We discuss Doomberg's latest article about the Financial crisis, bailouts, crypto crash, and more.Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity and finance to deliver innovative th...Read More
Jim Lewis - Twitter, Released on 7/17/22Eat ze bugzThey are inserting crickets into your food in the small print. pic.twitter.com/oPCRyNsj0u- Jim Lewis ??'???'??'? (@Galactic_Trader) July 17, 2022 They are inserting crickets into your food in the small print added by Herman James on 07/17/2022View all posts by Herman James ?+'Read More
Mish Talk, Released on 7/17/22Local Government Funding Vehicles are offering very high interest rates to fund infrastructure. The interest rates are not sustainable.Read More
The Jerusalem Post, Released on 7/17/22"In a few days we were able to enrich uranium up to 60% and we can easily produce 90% enriched uranium. Iran has the technical means to produce a nuclear bomb but there has been no decision by Iran to build one," Kamal Kharrazi said.Continue... Iran says it's now 'capable of building nuclear bomb' added by Herman James on 07/17/2022View all posts by Herman Ja...Read More
Spread the loveCOMMENT: I thought you were just a Trumper warning what would happen if Biden won. I have come back to your site because I can see inflation approaching 10% as you said and the dollar is rising which made no sense as gold stalled. I think you also said that real estate will decline perhaps into 2023. Has there ever been such a wild combination of events?ThanksPeteANSWER: It gives me...Read More
Lex Fridman, Released on 7/17/220:00 - Introduction1:51 - Defining economics8:50 - Schools of economics33:10 - Karl Marx51:24 - Labor theory of value1:11:10 - Socialism1:26:12 - Soviet Union1:39:33 - China1:59:24 - Climate change2:21:27 - Economics vs Politics2:29:30 - Minsky's model2:44:14 - Financial crisis2:49:31 - Inflation3:02:46 - Marxism3:10:06 - Space and AI3:16:11 - Advice for young peopl...Read More
Reuters (via Yahoo Finance), Released on 7/17/22"We are selling (this gold) so that our importers are able to buy necessary goods for the country," Continue... Ukraine has sold more than $12 billion of its gold during war with Russia added by Herman James on 07/18/2022View all posts by Herman James ?+'Read More
Robert Reich - Twitter, Released on 7/17/22The federal government gave Moderna $2.5 billion to develop a COVID-19 vaccine. Meanwhile, Moderna's CEO just walked away from the company with a $926 million golden parachute. This is what oligarchy looks like.- Robert Reich (@RBReich) July 17, 2022 This is what oligarchy looks like added by Herman James on 07/19/2022View all posts by Herman James ?+...Read More
StrikePoint Gold Inc. is "laser-focused" on its Porter Idaho and Willoughby properties in British Columbia's Golden Triangle.StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) is "laser-focused" on its summer exploration campaign at its two flagship 100%-owned Golden Triangle projects in British Columbia.Chief Executive Officer and Director Shawn Khunkhun said the company is not laying low during the...Read More
Blockworks Macro, Released on 7/16/22In this week's episode, Mark and I kick things off discussing the Bitcoin market. Could crypto winter be passing and signs of crypto spring be starting to emerge? We then move on to discuss the historic value of equities going all he way back to 1871 vs now in 2022. With still elevated P/E's, is there more pain to come for equities despite rising rates? We draw...Read More
Armstrong Economics, Released on 7/16/22The West is determined to invade Russia and they believe that they can destroy Continue... Armstrong: It is just a matter of time before this escalates out of control added by Herman James on 07/16/2022View all posts by Herman James ?+'Read More