Christian News
“Extreme Greed” Trigger’d – Gold, Bonds, & Stocks Rally As Dollar Dives
Thanks to a melt-up today, US equities (apart from Trannies) ended the week higher… But today’s gains were farcically driven by a full-court press of jawboning (5 Fed Speakers, Mnuchin, and Kudlow) to open the US equity markets… 0830ET Jobs Beat – Dow +100 0915ET Fed’s Kashkari dovish: “we’re not at maximum employment.. in free lunch zone” – Dow…
Chinese Bank On Verge Of Collapse After Sudden Bank Run
Coming to America SOON, when dealing with a collapsing Ponzi scheme, only those who pull their money first stand to recover anything …. First, it was Baoshang Bank, then it was Bank of Jinzhou, then, two months ago, China’s Heng Feng Bank with 1.4 trillion yuan in assets, quietly failed and was just as quietly nationalized. Today, a…
DoJ Strikes Deal To Recover $1 Billion From Mysterious Fugitive Mastermind Behind 1MDB Fraud
Several of its employees have been arrested, and a former top banker has already pleaded guilty and agreed to cooperate with prosecutors. The U.S. Justice Department has struck a deal with fugitive financier Jho Low – the mysterious financier who allegedly masterminded the theft of more than $4 billion from Malaysia’s 1MDB development fund – to recoup…
U.S. Shale Braces For Brutal Earnings Season
A lot of big names will report third-quarter earnings this week, and the results are expected to be worse than the same period in 2018. The timing comes as the shale sector is facing somewhat of a reckoning. After years of price volatility – with more downs than ups – oil prices have failed to return…
Texas Could Be The Epicenter Of The Next Subprime Auto Crisis
The Birth Pains Are Growing Stronger…. “Unless God has raised you up for this very thing, you will be worn out by the opposition of man and devils”… My name is Steve Meyers and I need to share a vision and warning that the Lord showed me back in April 2007…. Many of you will…
Innovation BIS 2025: A Stepping Stone Towards An Economic “New World Order”
The IMF’s annual meetings held in Washington DC last week demonstrated that when the institution issues new economic projections or warnings of a downturn, the mainstream press is not averse to giving them prominent coverage. After the Fund was founded in 1944 (off the back of World War Two), it became part of what internationalists call…
One Of The World’s Largest Oil Companies Just Ditched The Dollar
The dollar is being intentionally killed, a one-world currency is now on the global oil markets… Russia’s largest oil company Rosneft has already completed the switch away from the U.S. dollar to euros in its export contracts to minimize risks from potential new U.S. sanctions, Rosneft’s chief executive Igor Sechin said on Thursday. Rosneft has already fully…
Peter Schiff: QE Is A Monetary Roach Motel
This Is Not a Printing Press! (Or Is It?) Rene Magritte’s 1929 painting “The Treachery of Images,” depicts a tobacco pipe with a caption that reads “Ceci n’est pas une pipe,” (French for “This is not a pipe”). Everyone who has taken a course in modern art knows that Magritte’s exercise in contradiction was meant to…
Goldman Sachs Banker Arrested For Insider Trading Scheme
Goldman Sachs has avoided staying out of the insider trading spotlight for about a year. But on Friday, new court documents reveal that an investment banker at the firm’s New York branch was arrested for his alleged involvement in an insider trading scheme that generated $2.6 million in illicit profits, according to Bloomberg. Bryan Cohen, a vice president…
“Paper Money Systems Have Always Wound-Up With Collapse And Chaos”, Buffett Senior
Warren Buffett, despite his extraordinary investment success, has a rather famous and long-standing love/hate relationship with precious metals. Maybe it started with his dad – Congressman Howard Buffett of Nebraska – who, as a staunch advocate for the gold standard, argued to his colleagues on Capitol Hill that “paper money systems have always wound up with collapse…