Authored by Adam Taggart via PeakProsperity.com, Frankly put: retirement is now a myth for the majority… The Origins Of The Retirement Plan Back during the Revolutionary War, the Continental Congress promised a monthly lifetime income to soldiers who fought and survived the conflict. This guaranteed income stream, called a "pension", was again offered to soldiers in the Civil War and every American war since. Since then, similar pension promises funded from public coffers expanded…"The Great Retirement Con"
Forget Bitcoin; ignore Roku… it's time to look at nano-cap medical device-maker CHF Solutions – which is up almost 500% today on absolutely no news whatsover… $10mm market cap, CHF Solutions, Inc. distributes health care products. The Company provides commercialization of medical devices for the treatment of fluid overload, heart failures, and other cardiac diseases. CHF Solutions serves customers in the United States. Efficient markets… (halted 14 times so far) Over 100x the average volume…"Forget Bitcoin: This Nanocap Stock Is Up 500% Today (& Nobody Knows Why)"
IPO mania is gripping Hong Kong and if you’ve been looking for a warning sign that equity markets are close to a peak, just maybe this is it. It was a feature of the Hong Kong market in 2006-07, before the Great Financial Crisis, and in 2000, prior to the bursting of the Dot.com bubble. No surprises, the current mania is also focused on the technology sector. The focal point today is the China Literature…"Hong Kong's IPO Mania Goes White Hot, Drives Up Interbank Rates"
Authored by Brandon Smith via Alt-Market.com, In November of 2014 I published an article titled 'The Economic End Game Explained'. In it I outlined what I believed would be the process by which globalists would achieve what they call the "new world order" or what they sometimes call the "global economic reset." As I have shown in great detail in the past, the globalist agenda includes a fiscal end game; a prize or trophy that…"The Economic End Game Continues"
This morning, CoreLogic released its monthly report on Australian house prices – the world’s longest running bull market. Finally, measures to tighten credit standards and dissuade overseas buyers (especially Chinese in Sydney and Melbourne) are beginning to bite and price rises ground to a halt last month. From the report… Since moving through a peak rate of growth in November 2016, capital gains across Australia’s housing market have been losing momentum, with national dwelling values…"World's Longest Bull Market (55 Years) In Australian House Prices Is Over, According To UBS"
Authored by James Rickards via The Daily Reckoning, President Trump is expected to nominate the next Federal Reserve chair within a matter of days. As I’ve explained before, Donald Trump has the opportunity to appoint a higher percentage of the Board of Governors of the Federal Reserve system at one time than any president since Woodrow Wilson. President Wilson signed the Federal Reserve Act during the creation of the Fed in 1913 when they had…"Trump Will Own The Next Fed But "All Their Models Are In Ruins""
Since the ECB launched its sovereign debt QE, initially known as PSPP, in March 2015 and later expanded to include corporate debt, or CSPP, in June 2016, the world’s biggest hedge fund central bank has created enough money out of thin air to purchase bonds with no consideration for price to grow its balance sheet, i.e. investment portfolio, by €1.89 trillion. Meanwhile, over the entire QE period, net European bond new issuance has only amounted…"The ECB Has Bought €1.9 Trillion In Bonds: Here Is Who Sold And What They Did With The Money"
One month after Tesla lost its head of business development who wished to “spend more time with his family”, and just weeks after the EV company’s veteran battery technology director also unexpectedly quit amid a growing senior management exodus (full list at the bottom of this article), Tesla decided to even out the ranks on the bottom as well, and fired “hundreds of workers” this week, including engineers, managers and factory workers even as the…"Amid Management Exodus, Tesla Fires Hundreds Of Workers"
Authored by Irina Slav via OilPrice.com, Saudi’s headlines keep rolling in. Saudi Arabia is deepening its ties with Russia, with billions of investments planned for the future. Saudi Arabia is going to allow women to drive. Saudi Arabia booked a second quarterly GDP contraction in a row, with non-oil revenues particularly worrying. Saudi Arabia is also going ahead with the Aramco listing in the second half of 2017, despite reports of a possible delay. The…"Higher Oil Prices Could Threaten Saudi Vision 2030"
Authored by Patrick Buchanan via Buchanan.org, “An act of pure evil,” said President Trump of the atrocity in Las Vegas, invoking our ancient faith: “Scripture teaches us the Lord is close to the brokenhearted and saves those who are crushed in spirit.” “Our unity cannot be shattered by evil. Our bonds cannot be broken by violence,” Trump went on in his most presidential moment, “and though we feel such great anger at the senseless…"Pat Buchanan Reflects On "A Brief Moment Of Unity In A Disintegrating World""