by Greg Hunter
USA Watchdog
Award-winning journalist Alex Newman, author of the popular book “Deep State” and the new best-selling book called “Indoctrinating Our Children to Death,” says the UN’s quest for total tyrannical control of your life is coming sooner than you could imagine. Newman explains, “The bigger story here that people are not paying attention to is the UN is coming together in September . . . and they are having ‘The Summit of the Future.’ They are telling us they are going to bring out radical drastic reforms in the structure of the UN . . . and the power of the UN. Think of it as the biggest power grab ever at the global level. The Secretary General of the UN (António Guterres) has put out briefs where he is calling for the UN to be the one world global dictatorship with him at the helm. In emergencies, the UN would have all power in emergencies and have all power to oversee emergency response. . . . They say the crisis could be a climate crisis, an economic crisis, environmental crisis, pandemic crisis, black swan crisis or maybe something from outer space. So, basically, anything could be a crisis, and when the Secretary General declares a crisis, all power and authority would go to the UN. This is like a blank check on the wealth and liberty on every person on the planet, and this is coming soon. It is eminent. This is coming in September at the UN, and it is a power grab of historic proportions. They know their time is short, and they are going for the big enchilada here. This is really a summit for a tyrannical future. . . . They want control of every aspect of your life.”
Today Michael Oliver, the man who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, shared with King World News one of the most important charts of 2024. This chart is designed to get investors into a sector that is about to see radical upside gains.
A deadly, out-of-control war in the Middle East became a reality this week. Israel attacked Iran. Iran released a massive counter-attack on Israel. And now, Israel has attacked multiple Iranian targets, including Iran’s nuclear facilities in the center of the country. Where will it stop?
In this week’s Finance U with Paul Kiker we discuss the yen’s downward spiral and how this could disrupt a multi-decade investment strategy (called the carry trade) and lead to Japan’s forced selling of US Treasury bonds which could spike interest rates.
Gold and silver were firmer on the week, with gold trading in Europe this morning at $2390, up $46, while silver was at $28.45, up 60 cents. While both were higher since last Friday, it is best described as a week of consolidation.
I hope you’ve been having as much fun as I have watching gold go up, which has been our sole consolation in this mad world.
Price reductions of existing homes jump to 31.7% of active listings, highest since 2017.
In the entire history of the United States, we have never witnessed an urban collapse of this magnitude. During the pandemic, millions of Americans started working from home, and many of them have never returned to the office. Meanwhile, rapidly rising levels of crime, homelessness and migration have transformed many of our inner cities into extremely dangerous places. As a result, thousands upon thousands of businesses have left our core urban areas in search of greener pastures. So now there is lots and lots of commercial real estate space that is sitting empty, and commercial real estate prices have absolutely plummeted.
Americans throw away millions of dollars in coins every year.
Potential Trump jurors more often than not lean politically left, New York Times’s reporter Maggie Haberman said Thursday.
Despite extraordinary monetary tightening by the Federal Reserve, inflation remains elevated above its 2 percent target. Even more worrying, inflation accelerated during the first quarter. The Consumer Price Index (CPI) rose at an annualized rate of 4.5 percent over the last three months. The figures for Personal Consumption Expenditures Price Index (PCEPI) are similar through February, with March data set to release later this month. It looked like we had inflation whipped as recently as December. Now it looks like price stability is slipping away.
What do the state’s insurance and housing crises have in common? Obviously, homeowner policies have an impact on housing costs, but I’m referring to something different, namely the concept of open-ended risk. Insurers are exiting the market because state policies limit their ability to price policies to reflect the risk of a major wildfire season. They rather pull out of California than risk the destruction of their assets.
Moments like the one we live in now come along from time to time, providing the opportunity to learn from the mistakes of the past. For instance, key takeaways from the Deepwater Horizon incident of April 2010 and how they apply to today are clear except to those who deny them.