Once in a Decade Opportunity | Rick Rule

from SilverDoctors

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Central Bank Hubris That Would Make Icarus Blanche

by Andrew Hoffman
Miles Franklin

In Greek mythology, hubris is defined as excessive pride or self-confidence, in defiance of the gods, which ultimately brings about one’s demise. Synonyms include arrogance, conceit, self-importance, egotism, pomposity, superciliousness, and superiority – with some of the most famous mythological examples being Phaethon, Narcissisus, Arachne, and Cassiopeia; and in modern times, Richard Nixon, Tiger Woods, and Mel Gibson. However, the “poster child” of hubris, in my view, is Icarus; who, in defiance of the warnings of his father, flew too close to the sun – causing his waxen wings to melt, and his flight of fancy to end in death by drowning.

Much of what I describe, on a daily basis, regards the hubris of political, monetary, and corporate personalities – who, through either luck or skill, were put in positions of awesome power – principally “armed” with lethal Central bank printing presses.

Continue Reading at MilesFranklin.com…

CNN Host Admits Trump/Russia Conspiracy Theory is Fake News

from Mark Dice

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Amazing Progress Illinois Style: Welcome to the Obama Expressway

by Mike ‘Mish’ Shedlock
Mish Talk

Yesterday, in response to alleged “progress” on Obamacare I penned Mish’s Rule of Progress.

Today, I am pleased to announce even more amazing budget progress in the state of Illinois.

First, let’s recap progress at the national level.

  1. On Tuesday, President Trump called all the Republican Senators to a meeting to resolve the Obamacare bill in the Senate.
  2. Ahead of the meeting, four Republican Senators were against the bill. At most, 2 Senators can vote against the bill or it will fail.
  3. After the roughly hour-long huddle in the East Room, Senator Mitch McConnell told reporters “We made good progress.”
  4. Following the meeting, seven Republican Senators were against the bill.

As amazing as that progress sounds, Illinois can beat it by a mile.

Continue Reading at MishTalk.com…

Yellin’ at Yellen: a Look at Financial Crises

from Boom Bust

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It’s Never Been More Important to Support Independent Content Creators

by Michael Krieger
Liberty Blitzkrieg

When I first started this website I didn’t have a plan for monetization. While I certainly believe people should be compensated for hard, useful work, all I wanted to do was read, write and think. The “business side” of running a blog felt like a nuisance and wasn’t something I had much passion or energy for. That hasn’t changed.

What has changed is passively putting third party code like Google Adsense on your website doesn’t really earn someone like me any money. While it was never a significant amount of cash in the first place, it wasn’t totally worthless. At this point it has become basically worthless, but that’s ok. I’m not going to complain about Google.

Continue Reading at LibertyBlitzkrieg.com…

Please Don’t Go

from BillWhittleChannel

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It Begins: Walmart Warns Truckers it Will No Longer Work with Them if They Move Goods for Amazon

from Zero Hedge

The cold war between America’s two largest retailers just turned hot.

In a note this morning from Deutsche Bank’s freight and logistics analyst Amit Mehrotra, he notes that the “WMT vs. AMZN battle is heating up” and points to a report by DV Velocity, according to which a well respected transportation industry consultant told attendees of a logistics conference that Walmart (WMT) is telling trucking companies that it will no longer do business with them if they continue moving goods for Amazon (AMZN).

This follows similar reports citing WMT’s “request” for its tech partners to stop using Amazon Web Services.

Continue Reading at ZeroHedge.com…

Sen. Rand Paul on CNN’s “Erin Burnett OutFront” – June 27, 2017

from SenatorRandPaul

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What Delivered the Best Return of 2017’s First Half? Bitcoin and Ethereum

Despite recent weakness, cryptocurrencies remain sharply higher on the year

by Ryan Vlastelica
Market Watch

Say what you will about the cryprocurrency market in the first half of the year, but give it this: it wasn’t boring.

In contrast to the U.S. equity market, where a popular measure of volatility has been hovering near a multidecade low since May, there was nothing but volatility in the realm of digital currencies, underscored by jaw-dropping gains on the year and a gut-wrenching drop this month.

Digital currencies hit a number of key milestones in 2017, including breaking into the 12-digit club, as the combined market value of all cryptocurrencies—led especially by bitcoin and ethereum—surpassed $100 billion for the first time ever, and currently stands near $104 billion.

Continue Reading at MarketWatch.com…

The Truth About CNN

from Paul Joseph Watson

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You Can Always Hide in Kazakhstan

by Nick Giambruno
International Man

For the aspiring Edward Snowdens among you, Kazakhstan does not have an extradition treaty with the US.

It’s one of the few places on Earth outside the long reach of US law.

You can always hide in Kazakhstan. Though, having just been there, it wouldn’t be my first choice.

I went to Kazakhstan because it’s the world’s largest uranium producer. I think uranium has the most profit potential of any resource market right now. I watch the industry very closely.

Continue Reading at InternationalMan.com…