Precious metals are apparently waking up. And here is where you can find the best deals.
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The crowd loves to hate on it for decades. That's simply because they don't really understand it. But when sentiment flips, it becomes a rock star.
Wondering How Silver Holds up during Hyperinflation? Check Out This ChartMar 12, 2021 - 12:56:19 PST
Wall Street Silver. @WallStreetSLVR
As governments around the world pursue more aggressive environmental policies to combat climate change – this alone will continue to be a major driver of Silver demand for years to come.
In our present age, we see all of the traditional harbingers of a future currency reset in growing measure. What does the future hold?
Mar 12, 2021 - 12:33:14 PST
Nobody should be surprised by the bailout which will cover 114 of the nation’s 1,400 multiemployer pension plans covering 1.3 million workers being underfunded by $36.4 billion. Of the $36.4 billion in unfunded liabilities, half of it or $17.2 billion is for just one plan, the Teamsters Central States fund.
Americans extracted more cash from their homes through cash-out refinancings in 2020 than in any year since the financial crisis.
The global sovereign bond market is fracturing, and its ramifications for asset prices cannot be overstated. Borrowing costs around this debt-disabled world are now surging. The long-awaited reality check for
Mar 12, 2021 - 12:05:01 PST
Another month, another loss of consumer purchasing power. In February, consumers lost another 1.8% YoY in purchasing power. Why? The Federal Reserve has increased their stock on M2 Money by 26.33% …
Congressman: COVID Relief Package 'Largest Expansion of the Welfare State' since the 1960sMar 12, 2021 - 11:58:35 PST
WALTZ: This is $5.5 trillion we’ve spent now under the umbrella of COVID. That is more than the GDP of the rest of the world, the entire world, except for China and the U.S. We spent $4.5 trillion on World War II. We’ve now exceeded that.
Federal ‘COVID’ Spending Just Hit $41,870 Per Taxpayer. Did You See That Much in Benefit?Mar 12, 2021 - 11:48:37 PST
President Biden just signed his sweeping $1.9 trillion spending package into law. Once this bill hits the books, total taxpayer expenditure on (ostensibly) COVID relief will hit $6 trillion—which, roughly estimated, comes out to $41,870 in spending per federal taxpayer. Did you see anywhere near that much in benefit?
Do you feel like no matter how hard you work, it’s harder and harder to get ahead?There’s a good explanation for that. And it’s maddening.The government intentionally & dramatically underreports the true cost of living, and that fake low number is what most employers use when they set the wages they pay.So your paycheck isn’t growing nearly as fast as it needs to in order to stay ahead of inflation.
I explain in 1, simple, fast step!!
The bond market has had a bad 12-months, as interest rates bottomed in March of 2020. Popular Government Bond ETF (TLT) has lost more than 15% in the past year!
"Low and falling barriers for lockdowns, stay-at-home orders, and other government-mandated nonpharmaceutical interventions are acting as a back door for the silent implementation of UBI & MMT schemes."
There's now more than $45 billion in rental assistance available, thanks to the stimulus packages passed in December and this month.
Deflation is Coming in Waves.
Mar 12, 2021 - 08:57:13 PST
No one knows the precise amount of bad loans involved. And no one is sure who will bear the losses. This looming fight between loan originators, securitxsers, funds, banks, insurers and investors looks very like the fallout from the 2008 crisis.'
The FBI has gold fever!Back in March 2018, FBI agents descended on a remote wooded area in Pennsylvania and started digging. The G-Men were mum about their purpose at the time, saying only that agents were there executing a court-authorized excavation of “what evidence suggested may have been a cultural heritage site.” But recently released documents reveal that the feds were on a treasure hunt.
The 10Y just tagged the March 5 high yield of 1.625% - a key stop loss level - and steamrolled higher amid a cascade of short covering, because as noted earlier, once the momentum kicks in nobody knows where and how it stops.
Janet Yellen's MMT plan may have a rude awakening when economic growth fails to get a lift from debt-driven handouts that just pulls forward consumption.