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Tucker Carlson Discusses Hillary Clinton's Recent Russian Conspiracy Theories

5/31/2017

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Content originally published at iBankCoin.com

 

Ever since the election, the democrats and establishment republicans have been 'investigating' Russian ties to Trump and how that all led to John Podesta's email box to be hacked into, which of course led to Hillary Clinton losing the Presidential election. She lost, not because of her criminality, but because of fake news, obviously. It's worth noting, in a year of arduous investigations, nothing has been proven to tie Trump to the Russians.

Yesterday, Hillary discussed the election, positing questions to the panel regarding RUSSIAN COLLUSION with Trump. She said Trump directed the release of the Podesta emails down to the second, coordinated and directed the fake news media to concoct salacious stories, fueled by the emails, colluding with Russian intelligence to steal the election from her.

In case you're just tuning in, you did not reject the DNC establishment candidate and vote for populism because you were sick and tired of the same old corrupt DC bullshit. No, you voted for Trump because of the Russians, the ultimate King makers, coerced into the decision via a series of psyops programs, coordinated with Trump, to brainwash people into believing she was not a trustworthy candidate.

Holy shit Hillary has lost her mind. Tucker's take.

Here are some of her sweeter moments in the interview, accusing the idiot Giant Orange President of being a criminal mastermind -- directing endless schemes and plots to seize the Presidency from her claws.
 

"It's important that Americans...understand that Putin wants to bring us down. He was an old KGB agent."
 
"We saw evidence of [Russian involvement] and we could track it. But they were shooed away."
 
"The Russians are increasingly..launching cyber attacks. A lot of the information they've stolen they use for internal purposes. So this was different because they went public."
 
"That was the conclusion. I think it's fair to ask how did that actually influence the campaign and how did they know what messages to deliver. Who told them? Who were they coordinating with or colluding
with? I'm leaning Trump."
 
"Within one hour of the Access Hollywood tapes being leaked, the Russians or say Wikileaks -- same thing -- dumped the John Podesta emails."
 
"The Russians in my opinion could not have known how best to weaponize that information unless they had been guided by Americans."
 
“My email account was turned into the biggest scandal since Lord knows when. And, you know, in the book I’m just using everything that anybody else said about it besides me to basically say this was the biggest nothing-burger ever. It was a mistake. I’ve said it was a mistake, and obviously if I could turn the clock back I wouldn’t have done it in the first place. But the way that it was used was very damaging.”
 
"We know it hurt us, as I explain in my book, the Comey letter which was now we know partly based on a false memo from the Russians. It was a classic piece of Russian disinformation. So for whatever reason, he dumps that on me on October 28 and I immediately start falling."
 
"Well if you went all the way back, doing things that others have done before was no longer acceptable. I didn't break any rule nobody said don't do this. I was very responsible and not at all careless. You end up with a situation that was exploited."
 
"Here's a really telling statistic that has been validated. I had this old fashioned idea that it would matter what I would do as president. We had a great tech program and a really good set of policies. In 2008 which as the last time you had a contested election, the policies put forth by President Obama, Senator McCain got 222 minutes of airtime. In 2016 despite my best efforts, we got 32 minutes, total, over 18 months."
 
"Media forces on the Republican side are entrenched and very effective. They're beginning to call the shots on those local stations. Local TV is still incredibly powerful."
 
"I have been on many speaking platforms with many men who are in office or running for office. And the crowd gets you going and I watch my male counterparts and they beat the podium and they yell and the crowd loves it. I have tried that and it's been less than successful."

 
Regarding her Goldman Sachs speeches.
 

"Men got paid for the speeches they made...I got paid for the speeches I made."
 
"I have to say, Walt I never thought someone would throw out my entire career...because I made a couple of speeches."

There you have it. The emails were giant 'nothing-burgers' that were attained by an evil genius, criminal, mastermind, named Donald Trump, with the help of the inherently evil Vlad Putin (how many Americans has Russia killed lately?). She lost thanks to a vast right wing conspiracy of media shills at the NY Times and other publications who wanted to see Trump elected.
 
What.the.fuck?

Notable: Trump is back to 'Crooked Hillary' again.

Crooked Hillary Clinton now blames everybody but herself, refuses to say she was a terrible candidate. Hits Facebook & even Dems & DNC.

— Donald J. Trump (@realDonaldTrump) June 1, 2017


First published here: http://j.mp/2sgwl99
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Tech firms hoard huge cash piles

5/31/2017

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TAKE a moment to admire—and fear—the ascent of America’s big-five tech firms. Apple, Alphabet, Microsoft, Amazon and Facebook have recently become the five most valuable listed companies in the world, in that order. With a total market value of $2.9trn, they are worth more than any five firms in history.

Elevated tech valuations used to be a sign of hysteria. Today’s investors believe they are making an ice-cold judgment that these firms are the dominant oligopolies of the 21st century and will extract a vast, rising, flow of profits. There is one gnawing doubt, however: the formidable five’s cash-rich balance-sheets, which are built as if they expect a crisis, not to dominate the world.

Continue reading
First published here: http://j.mp/2qH7Pfs
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Inflation indicator breaks support continues to fall

5/31/2017

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compass for kimble charting solutions post 

The economy continues to do well, along with the stock market, prompting many to be concerned about inflationary pressures picking up speed. Below looks at the TIP/TLT ratio and the message it is sending about inflationary pressures, or lack of.

TLT/TIP RATIO

 

CLICK ON CHART TO ENLARGE

Since 2011, this inflationary indicator has continued to create a series of lower highs, inside of the red shaded channel above. As mentioned in the chart, the indicator actually hit a low last July and started pushing higher. At the time of the low in this indicator at (1), nearly 90% of bond investors were bullish bonds and few thought the Fed would raise rates. That was a crowded trade that did not go well for bond bulls, as bonds fell hard and rates pushed sharply higher.

Turning the page forward 10-months, the majority feel like the Fed will raise rates. Does the indicator agree with the crowd at this time? The TIP/TLT ratio hit 6-year falling channel resistance at (2) in March of this year and the ratio has continued to slip lower. The weakness the past 6-weeks has the ratio breaking below rising support at (3).

Was the rally in this ratio at (1) a signal that inflation is back or was the rally nothing more than a counter trend rally, in a continuing downtrend? If inflation is really back, one would need to see this ratio reflecting strength and breaking out of its 6-year falling channel

 

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First published here: http://j.mp/2sn5SGh
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Washingtons Princes of Paperwork Are Crushing Physicians and Bankrupting If Not Killing Their Patients

5/31/2017

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Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.

In the rancorous to and fro over the repeal of ObamaCare and its possible replacement with the American Health Care Act, an elephant in the room has remained unnoticed. It’s that giant bundle of burdensome regulations that is crushing physicians, their staffs, and sending the costs of healthcare soaring.

A recent, detailed study published by the American Medical Association (AMA) sheds a common-sense light on what Washington chooses to ignore. For every hour physicians spent with patients, almost two additional hours are spent pushing papers. Even when face-to-face with patients, doctors spent 37% of their time filling out forms.

Burdened with the weight of regulatory paperwork, doctors are becoming increasingly unhappy – more paperwork, less time with patients. Indeed, in a typical day, during office hours, doctors spent only 27% of their time attending to patients face-to-face and 49.2% on electronic health records (EHR) and desk work. Even during after-hours work, doctors spent a whopping 59% of this time dealing with electronic health records.

The following table summarizes the AMA’s stunning findings. It tells the red-tape tale in horrifying detail.

Just why do regulators promulgate so many regulations and produce so much red tape? For one thing, it creates jobs for the boys (read: the Princes of Paperwork). There is no better bulletproofing for a bureau’s bloated budget than a complex maze of regulations that “must” be enforced to protect the public’s health and safety.

But, there is another, perhaps more important, reason why regulatory bureaus produce endless miles of red tape to wrap around doctors, medical staffs, and the U.S. healthcare system. Bureaucrats are conservative. They like to avoid risks, and decision making is an inherently risky activity. After all, decisions can prove to be wrong, unpopular, or both. So, to avoid the risks and responsibilities that come with discretion and decision making, regulators produce rigid rules and red tape – the more, the merrier. The regulators’ check-the-box mentality allows them to slip out from under any responsibility if something under their regulatory purview “goes wrong.” The regulators are protected, and the onus is placed on the doctors and their staffs who must check all those boxes – boxes that cover everything under the sun.

The fallout has been enormous. The cost of healthcare has shot to the moon – lots of forms to fill out and massive gold-plating of treatment to cover all those regulatory bases. Also, a great deal of discretion has been removed from doctors’ hands (read: Doc, you must follow the rules, even if a different prescription is advisable, and you must fill out all the forms, even if it is a distraction). Thus, the quality of patient care has suffered.

Doctors have been forced to push too much paper and too many pills. And that’s not all. The plethora of rules and regulations has exposed doctors and their staffs to lawsuits and sky-high medical malpractice insurance rates. What if something is alleged to have “gone wrong” and you failed to check all those regulatory boxes? After all those years in medical school and the big bucks to finance them, you are still just one missed checkbox away from a medical malpractice suit. It’s time for Washington to wake up and cut the needless medical red tape.

This piece was originally published on Forbes. 

First published here: http://j.mp/2rp6I8i
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FaiL..

5/31/2017

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FAIL


First published here: http://j.mp/2rpaJJz
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HoW ABouT A NiCE WaRM CuP OF CoVFeFe...

5/31/2017

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HOW ABOUT A NICE CUP OF COVFEFE


First published here: http://j.mp/2sngxAA
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Tucker Carlson Immolates Suspected Antifa Bike Lock Attacker's Activist Attorney

5/31/2017

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Content originally generated at iBankCoin.com

Last night Tucker Carlson danced circles around Dan Siegel, the civil rights attorney representing Berkeley bike lock attack suspect Eric Clanton who may be facing more than 40 years in state prison. Siegel, an activist lawyer, former Oakland mayoral candidate, and community organizer who led a moment of silence for  'brother comrade' Hugo Chavez in 2013, thought he could try lawyer-talking his way around Tucker's questions. Nope. Carlson went in with brows at full drop and Comrade Siegel was artfully vanquished.

During an April 15th demonstration at Civic Center Park in Berkeley, a man identified by researchers on the website 4chan as Diablo Valley College professor Eric Clanton allegedly hit Trump supporter Sean Stiles over the head with a u-shaped bike lock. Clanton was arrested last week and his apartment was searched - turning up a cache of Antifa paraphernalia, U-locks, sunglasses, and facial coverings.

It looks like Siegel's 3 pronged defense will be to try and discredit 4chan, say Clanton wasn't at the event, and peddle the notion that an off-camera provocation justifies attempted murder with a bike lock.

Siegel: "It hasn't even proven that he was present at that event, much less that he hit anyone, much less that he did so without justification."

And of course, what argument with a leftist would be complete without bringing up Hitler:

Siegel: "These alt-right people were using Nazi and KKK salutes, waving a flag that has Nazi and KKK symbols on it. People didn't like that."

You are, without really looking into it, are assuming that these 4chan people have produced some legitimate evidence of an assault.

'These 4chan people'?

Siegel's poor grasp on 4chan tells me he doesn't know what he's dealing with. First of all - this is the 'Nazi flag' he's referring to:

The symbols on the flag are the name of the Egyptian frog-diety "Kek" and the 4chan website logo. And here's video of Siegel acting all confused about it.

  

Meanwhile, one of the 'Nazis' at the rally appears to be an Antifa member in disguise.

HUGE: Antifa busted for posing as Nazis at Berkeley Rally!! http://pic.twitter.com/6zTDgLPGKV

— Tennessee (@TEN_GOP) April 29, 2017

4chan doesn't mess around

When they aren't exposing disgusting Burger King employees and driving Trump's #1 Twitter troll into quit Twitter and leave the country, researchers on the site have made headlines geolocating a terrorist training camp which resulted in an airstrike on ISIS, harassed Shia LaBeouf to the point of melting down in a bowling alley, and perhaps most notably - helped Donald Trump win the 2016 election by deciphering tens of thousands of emails released by Wikileaks in amazing time. And they're still at it - working furiously on the Seth Rich investigation and other swamp related matters.

And ol' Siegel doesn't keep up with the news

Trying his best to paint the 'alt-right' as violent, Dan Siegel brought up the stabbing in Portland, Oregon - in which the attacker was initially mis-reported as an alt-right nutcase, only to be revealed as a Bernie Sanders supporter.

Siegel: Now, we've been at these rallies where these alt-rightists have stabbed people. We had the incident in Portland Oregon just the other day, so for you to suggest that these right wingers are peaceful supporters of the First Amendment is ridiculous.

Carlson: But that's totally been debunked! The guy who's been charged with the two murders in Portland was not an alt-right guy, he was not a Trump supporter. He was a Bernie Sanders supporter and a Jill Stein reporter.

Siegel: Oh come on! He gets up in court today and says I'm not a terrorist, I'm a patriot!

Carlson: It's on his Facebook page! Maybe you should do a little research before you go popping off on television. It's his statement, not mine. It's not a close call - he says "I did not vote for Trump..." ...but to lay it at the feet of Trump supporters is just wrong, by his own description!

Speaking of stabby people - I guess Dan Siegel forgot about the concealable knives Antifa was selling for their rallies.

All in all, it was quite the cucking by Carlson - who left Eric Clanton's attorney a bit worse for wear by the end of the interview. Oh, and it looks like someone from 4chan may have gotten to Seigel's Wikipedia page.

See video below:

  

Anyone else think of this guy?


First published here: http://j.mp/2qFXO2b
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Jim Rickards on the Golden Conspiracy

5/31/2017

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  • Hedge fund, PhD statistician claims gold market is “the most blatant case of manipulation”
  • PhD: “Statistically impossible unless there’s manipulation occurring”
  • Gold serves as political chips on the world’s financial stage.
  • Price is being suppressed until China gets the gold that they need
  • Gold will go higher when all central banks ‘confront the next global liquidity crisis’
  • ‘When that happens, physical gold may not be available at all.’

Jim Rickards: The Golden Conspiracy

Is there gold price manipulation going on? Absolutely. There’s no question about it. That’s not just an opinion.

There is statistical evidence piling up to make the case, in addition to anecdotal evidence and forensic evidence. The evidence is very clear, in fact.

These are the opening lines of Jim Rickards’ piece ‘The Golden Conspiracy’, an op-ed that may surprise even the most seasoned followers of gold markets.

Gold and silver price manipulation is not a new topic to regular readers. For years the idea that precious metals markets are subject to more than just free market forces has been dismissed by the mainstream. Many have referred to gold and silver manipulation as topic fodder for the conspiracy and deep web forums. This is despite evidence to the contrary.

In the last eighteen months or so what was dismissed as anecdotal tales of manipulation has finally been recognised by the regulators and lawmakers as something very real and serious. Fines have been doled out and regulators have been slowly implementing new rules.

But what if the manipulation goes above institutions that can be called to account? Can they be fined? Can it be somewhat controlled by the authorities? What if it is a country doing the manipulation? Rickards believes it is.

‘…where is the manipulation coming from? There are a number of suspects but you need look no further than China.’

Role of China

Previously we have been excited about China’s role in the gold market. In April last year they launched yuan denominated gold bullion trading. We not only expected this to further boost its power in the global gold and forex markets but to also lead to increased transparency and reduce price manipulation.

However the country is not only keen to increase transparency in the market for their own long-term gain, they have short-term goals as well - to increase their gold reserves.

Rickards explains:

China wants to do what the U.S. has done, which is to remain on a paper currency standard but make that currency important enough in world finance and trade to give China leverage over the behavior of other countries.

The best way to do that is to increase its voting power at the IMF and have the yuan included in the IMF basket for determining the value of the special drawing right (SDR).

China accomplished that last September when the IMF added the yuan to its basket of currencies.

The rules of the game also say you need a lot of gold to play, but you don’t recognize the gold or discuss it publicly. Above all, you do not treat gold as money, even though gold has always been money.

The members of the club keep their gold handy just in case, but otherwise, they publicly disparage it and pretend it has no role in the international monetary system. China is expected to do the same.

Right now, China officially does not have enough gold to have a “seat at the table” with other world leaders. Think of global politics as a game of Texas Hold’em.

What do want in a poker game? You want a big pile of chips.

Gold serves as political chips on the world’s financial stage. It doesn’t mean that you automatically have a gold standard, but that the gold you have will give you a voice among major national players sitting at the table.

For example, Russia has one-eighth the gold of the United States. It sounds like they’re a small gold power — but their economy’s only one-eighth as big. So, they have about the right amount of gold for the size of their economy. And Russia has ramped up its gold purchases recently.

The U.S. gold reserve at the market rate is under 3% of GDP. That number varies because the price of gold varies. For Russia, it’s about the same. For Europe, it’s even higher — over 4%.

In China, that number has been about 0.7% officially. Unofficially, if you give them credit for having, let’s say, 4,000 tons, it raises them up to the U.S. and Russian level. But they want to actually get higher than that because their economy is still growing, even if it’s at a much lower rate than before.

Where is the evidence for this?

As we have explained previously, manipulation is often dismissed as a conspiracy and anecdote driven theory. But Rickards has academic evidence:

I spoke to a PhD statistician who works for one of the biggest hedge funds in the world. I can’t mention the fund’s name but it’s a household name. You’ve probably heard of it. He looked at COMEX (the primary market for gold) opening prices and COMEX closing prices for a 10-year period. He was dumbfounded.

He said it was is the most blatant case of manipulation he’d ever seen. He said if you went into the aftermarket, bought after the close and sold before the opening every day, you would make risk-free profits.

He said statistically that’s impossible unless there’s manipulation occurring.

I also spoke to Professor Rosa Abrantes-Metz at the New York University Stern School of Business. She is the leading expert on globe price manipulation. She actually testifies in gold manipulation cases that are going on.

She wrote a report reaching the same conclusions. It’s not just an opinion, it’s not just a deep, dark conspiracy theory. Here’s a PhD statistician and a prominent market expert lawyer, expert witness in litigation qualified by the courts, who independently reached the same conclusion.

Surely they can be honest about it?

One would perhaps think that given China’s resources and their growing power in the physical gold market, the country would be able to just buy all that they need. Without the need for cloak and dagger activities.

Rickards argues this isn’t possible:

Here’s the problem: If you took the lid off of gold, ended the price manipulation and let gold find its level, China would be left in the dust. It wouldn’t have enough gold relative to the other countries, and because the price of gold would be skyrocketing, they could never acquire it fast enough. They could never catch up. All the other countries would be on the bus while the Chinese would be off.

When you have this reset, and when everyone sits down around the table, China’s the second largest economy in the world. They have to be on the bus. That’s why the global effort has been to keep the lid on the price of gold through manipulation. I tell people, if I were running the manipulation, I’d be embarrassed because it’s so obvious at this point.

The price is being suppressed until China gets the gold that they need. Once China gets the right amount of gold, then the cap on gold’s price can come off. At that point, it doesn’t matter where gold goes because all the major countries will be in the same boat. As of right now, however, they’re not, so China has though to catch-up.

I’ve described some catastrophic scenarios where the world switches to SDRs or goes to a gold scenario, but at least for the time being, the U.S. would like to maintain a dollar standard. Meanwhile, China feels extremely vulnerable to the dollar. If we devalue the dollar, that’s an enormous loss to them.

China has recently sold a portion of its dollar reserves to prop up its own currency, which has come under tremendous pressure. But it still holds a large store of dollar reserves.

If China has all paper and no gold, and we inflate the paper, they lose. But if they have a mix of paper and gold, and we inflate the paper, they’ll make it up on the gold. So they have to get to that hedged position.

China has been saying, in effect, “We’re not comfortable holding all these dollars unless we can have gold. But if we are transparent about the gold acquisition, the price will go up too quickly. So we need the western powers to keep the lid on the price and help us get the gold, until we reach a hedged position. At that point, maybe we’ll still have a stable dollar.”

China isn’t the only one

We know that the banks like to play with the gold market, but China isn’t the only country involved. Rickards says Russia has the same goals as the PRC. Together they are not only critical to the physical gold market but also for the overall structure:

Currently the price of gold is set in two places. One is the London spot market, controlled by six big banks including Goldman Sachs and JPMorgan. The other is the New York gold futures market controlled by COMEX, which is governed by its big clearing members, also including major western banks.

In effect, the big western banks have a monopoly on gold prices even if they do not have a monopoly on physical gold. But that could be about to change.

Russia and China are not only building up physical reserves and exploring for more, they are building trading systems that allow for price discovery and leveraged trading in gold.

It may take a year or so to attract liquidity, but once these new exchanges are fully functional, the physical gold market will regain the upper hand as a price maker.

Then gold will commence its march to monetary status, and its implied non-deflationary price of $10,000 per ounce.

How to turn a problem into an opportunity

Manipulation goes on across many markets, whether precious metals, interest rates or forex. At no point is it victimless. Individuals and companies alike have experienced losses on their investments, both as a direct and indirect result of manipulation.

To hear this can be depressing, many investors might just ask what the point is in investing in assets such as gold and silver when they might be as manipulated as paper markets. Sure they might go to $10,000, but what stops it being manipulated even then?

Those who are concerned should take a step back and look at the bigger picture which is actually an opportunity rather than a problem. A suppressed price means great opportunity for investors to accumulate more bullion. Ironically for those looking to manipulate the price, this is good news for those who are keen to stock up on both gold and silver.

In the long-term Rickards is convinced that we will see big changes in the gold price ‘when China reaches its gold reserve target of 10,000 tons — surpassing the United States. At that point, it will be in China’s interest to become more transparent and let the price of gold soar, which is another way of saying the value of the dollar is in free-fall.’

In the short-term, gold investors and those considering diversifying their portfolio with the yellow metal would be wise to consider the following, according to Rickards:

  • Private gold holders continue to hold their gold
  • There is persistent excess of demand over supply
  • Situations in North Korea, Syria, Iran, the South China Sea, and Venezuela (to name a few) show no signs of improving, in fact the opposite.
  • Fed policy tightening is normally a headwind for gold. But, the last two times the Fed raised rates — December 14, 2016 and March 15, 2017 — gold rallied as if on cue. Look for another Fed rate hike on June 14, and another gold spike to go along with it.

Gold manipulation aside, we are currently in a period of major market complacency. Mainstream investors have seemingly been lured into thinking that years of risky and unprecedented policy making will be without consequence. They believe that elevated prices of stocks and bonds and reduced price volatility in stock markets are completely normal. This cannot be.

At some point the marketplace will realise all is not really as it seems. When this happens, expect a serious backlash and ensure you are holding onto something that is real and has shown its true value despite years of manipulation on all fronts.

News and Commentary

Gold drifts from one-month peak on Fed rate hike concerns (Reuters)

Chinese stocks leap, leading gains by Asian markets (MarketWatch)
 
U.S. Stocks Slip From Records, Treasuries Advance (Bloomberg)
 
U.S. stocks edge down from records after multiday rally (MarketWatch)
 
U.S. Consumer Confidence Index Decreased to 117.9 in May (Bloomberg)
 
Suspense Is Building Ahead Of This Critical Gold Policy In India (Value Walk) 
 
Gold set for first monthly drop since Dec as Fed rate hike likely (Reuters)
 
Gold’s Next Spike (Daily Reckoning)
 
Gold Isn't Money (Value Walk)
 
US Gold Output Rises in March (Mining Weekly)

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Avoid Digital & ETF Gold – Key Gold Storage Must Haves

Gold Prices (LBMA AM)

31 May: USD 1,263.80, GBP 987.79 & EUR 1,129.96 per ounce
30 May: USD 1,262.80, GBP 982.46 & EUR 1,132.23 per ounce
26 May: USD 1,265.00, GBP 983.41 & EUR 1,127.87 per ounce
25 May: USD 1,257.10, GBP 969.48 & EUR 1,119.57 per ounce
24 May: USD 1,251.35, GBP 963.29 & EUR 1,119.58 per ounce
23 May: USD 1,259.90, GBP 969.62 & EUR 1,119.17 per ounce
22 May: USD 1,255.25, GBP 967.17 & EUR 1,123.07 per ounce

Silver Prices (LBMA)

31 May: USD 17.31, GBP 13.48 & EUR 15.43 per ounce
30 May: USD 17.27, GBP 13.42 & EUR 15.49 per ounce
26 May: USD 17.29, GBP 13.45 & EUR 15.41 per ounce
25 May: USD 17.15, GBP 13.23 & EUR 15.29 per ounce
24 May: USD 17.03, GBP 13.14 & EUR 15.22 per ounce
23 May: USD 17.14, GBP 13.22 & EUR 15.25 per ounce
22 May: USD 16.95, GBP 13.04 & EUR 15.10 per ounce


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Access Award Winning Daily and Weekly Updates Here

 

First published here: http://j.mp/2rb3ioN
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Amazon is Now Worth More Than Every Store in the Mall Combined

5/30/2017

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Content originally published at iBankCoin.com

 

Everyone knew Amazon was crushing retail, dating back at least a decade. But for some reason, very few went through with the easiest pair trade of all time -- long AMZN, short shopping mall operators. What a simple, yet brilliant, trade. Is it not?

Here's an old market cap chart of when Amazon topped Walmart. Now it's worth two Walmarts.

Here's another old chart that captures the spirit of Amazon's sales explosion. The current annual run rate is in excess of $140b.

So how does Amazon's $143b in annual revenues stack up against other retailers?

According to Exodus, there are 31 companies in the Apparel Stores industry, the names you're all familiar with when shopping at the old dead mall, whose sales equal $107b combined, with net income of $13.6b. Their composite market caps are $81.69b, the inversion of the price/sales ratio is indicative of an industry in duress.

Amazon's $143b in annual sales and net income of just $9b is rewarded with a market capitalization of $469b.

Think about that for a moment. The entire shopping mall, sporting +1.1% quarterly revenue growth, does more net income than Amazon, on 40% less in revenues, and yet Amazon is valued at 5x what the entire mall is being sold for on the market today.

The Department Stores are an even worse comparison. TJX, M, KSS, SHLD, DDS, JCP, SRSC, SHOS and BONT combined do revenues of $129b, netting $10.17b in income, yet the composite market caps are just $68b on -4.5% quarterly revenue growth.

I get Amazon is the future and they're growing at 22% per annum. But is it worth more than all the department stores and apparel stores combined 3x over?

And now for the most egregious juxtaposition: Amazon vs the Discount/Variety Store industry.

The Discount Variety stores include WMT, TGT, COST, DG, DLTR, BURL, PSMT, BIG, FRED and TUES. An impressive set of retailers, no doubt. Together, they sport sales of $729b with net income of $51b, enjoying median quarterly revenues growth of nearly 5%.

Their market caps combined equal $389b. If you threw in another COST, you might get to match Amazon's market cap.

Does any of this shit make sense to you?


First published here: http://j.mp/2skQnOZ
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El Salvador Freaks Out As Trump Deports Hundreds Of MS-13 Gang Members

5/30/2017

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Content originally generated at iBankCoin.com

When migrants cross the border from El Salvador, they're not sending their best. Criminals, drug dealers, and rapists have been sneaking into the United States in droves - which in the words of Donald Trump, "has become a dumping ground for everybody else's problems."

And while President Obama released nearly 600 illegal immigrants convicted of sex crimes in 2015 because their home countries wouldn't take them - the 'law and order' President is doing the exact opposite...

The Washington Post, which, in a rare moment of journalistic integrity used verifiable sources, has reported that the government of El Salvador is freaking out over the record number of MS-13 gang members Trump has started to deport back to their home countries.

This year the U.S. government has deported 398 gang members to this country, compared with 534 in all of 2016, according to Salvadoran government statistics. This sharp increase in the rate of gang deportations — and the prospect of more gang roundups in the United States — has prompted Salvadoran authorities to hold emergency meetings and propose new legislation to monitor suspected criminals who are being sent home.

 

Trump has railed against MS-13

Throughout the 2016 election, Trump mentioned MS-13 in several tweets and speeches - citing the violent gang as a prime example of the types of violence which accompanies illegal immigration, and rightly so. MS-13 is possibly the most notorious street gang in the Western Hemisphere. Originating in refugee-rich neighborhoods in Los Angeles in the 80's, the gang's territory now extends all the way from El Salvador to Canada - engaging primarily in human trafficking and drug smuggling.

In Central America, MS-13's presence has contributed heavily to making the "Northern Triangle" of Guatamala, El Salvador, and Honduras - the most violent place in the world not at war. (more)

ICE arrests

The New York Times - also using actual sources, reports that immigration arrests are up 38% for the first three months of 2017 over the same period last year.

From Jan. 22 to April 29, ICE officers arrested 41,318 people, at a rate of more than 400 people per day, compared with 30,028 over roughly the same period in 2016, the data showed.

 

“These statistics reflect President Trump’s commitment to enforce our immigration laws fairly and across the board,” said Thomas Homan, the acting director of ICE, on a phone call with reporters.

While about half of the increase in ICE arrests were for illegal immigrants who had otherwise committed no crime, the message is clear; there's a line to enter the United States. Get in it and wait your turn. 


First published here: http://j.mp/2rm7l2k
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