Chicago Politician Pushes Ban On Businesses Banning Cash

In July, Visa officially entered the global 'war on cash', adding to a long list of academics, elites, and bankers urging the removal of one of the last freedoms 'for the good of the rest of us'. However, if Alderman Edward Burke has his way, that 'war on cash' will end in Chicago after he […]

US Army Is Preparing For Decades Of Hybrid Wars

Released on Monday, the US Army’s Training and Doctrine Command, or TRADOC, drafted a new strategy for how US ground forces will operate, fight, and campaign successfully across multiple domains—space, cyberspace, air, land, maritime—against all enemies in the 2025-2040 timeframe. The new strategy calls for “super-empowered individuals and small groups”, who are mobile and can […]

Fraud, Exploitation and Collusion: America’s Pharmaceutical Industry

The rot within manifested by the pharmaceutical industry almost defies description.The theme this week is The Rot Within. America’s Pharmaceutical industry takes pride of place in this week’s theme of The Rot Within, as the industry has raised fraud, exploitation and collusion to systemic perfection.×250.js What other industry can routinely kill hundreds of thousands of Americans […]

Look Out, New Yorkers: GM To Begin Testing Driverless Cars In The Big Apple

If you happen to see a driverless car trundling down Fifth Avenue, don’t panic.    Compounding the misery that Elon Musk is likely feeling right now, General Motors has scored yet another victory in its quest to build the first commercially viable self-driving car.  New York Gov. Andrew Cuomo on Tuesday granted GM’s Cruise Automation […]

Here's How People Get Fooled Into Buying Bankrupt Companies…

Authored by Simon Black via, In 1906, American entrepreneur William T. Grant opened his very first “W.T. Grant Co 25 cent store” in a small town outside of Boston. The store became popular and fairly profitable. So Grant opened another. And another. Three decades later, Grant’s retail empire was generating $100 million in sales […]

China and Russia: Full Steam Ahead Towards a Cashless Society – Rory Hall

October 17, 2018 We reported back in November 2016 – Cashless World: 1 out of 3 People Never Use Cash – fewer and fewer people understand the importance of using cash to protect themselves from an overarching government warlord. At the time, China’s use of digitized currency was growing at about 40% per annum. This […]

Marc Faber under fire for racist comments

Marc Faber in 2014. Image from archives Well-known market commentator, contrarian investor and gold bull, Marc Faber, is coming under fire for comments made in his latest missive for the Gloom, Boom & Doom Report. In the October edition of  the newsletter Swiss-born Faber who lives in Thailand writes: “And thank God white people populated America, and […]

Harvey Weinstein Officially Resigns From Weinstein Co. Board

Two weeks after he was unceremoniously fired from the board of the film studio he co-founded, disgraced Hollywood producer Harvey Weinstein has officially announced his "resignation" from the Weinstein Co. Board of Directors, Variety reported, presumably ending his quest to be reinstated as head of the company. Weinstein made the resignation official at the company’s […]

Gold: Higher Highs and Lower Lows

This post Gold: Higher Highs and Lower Lows appeared first on Daily Reckoning. Gold could be in a long-term trend right now that spells dramatically higher prices in the years ahead. To understand why, let’s first look at the long decline in gold prices from 2011 to 2015. The best explanation I’ve heard came from […]

The 'Winners Of The New World' Redux

Authored by Kevin Muir via The Macro Tourist blog, The New “Winners of the New World” Do you remember Jim Cramer’s February 29th, 2000 speech, “Winners of the New World? You want winners? You want me to put my Cramer Berkowitz hedge fund hat on and just discuss what my fund is buying today to […]

Another “Victim” Of The EV Revolution

To read the rest of this article, you’ll need to sign up to Insider, our subscription service taking you “backstage” in the world of asymmetric investing & money management. As well as ongoing market commentary, members get specific trade recommendations from Chris MacIntosh & Co. on opportunities where the target return is often 1000%+. LEARN MORE HERE If you’re an […]

Central Bank Chiefs and Currencies

The market is fickle.  It has jumped from one candidate to another as the most likely Fed Chair.  Until his belated and mild criticism of the President dealing with race issues, economic adviser Cohn was regarded as the most likely successor to Yellen at the head of the Fed.   When Cohn fell out of favor, […]

Goldman Sachs Says Gold Is Better Than Bitcoin

“Precious metals remain a relevant asset class in modern portfolios, despite their lack of yield,” analysts including Jeffrey Currie and Michael Hinds wrote. “They are neither a historic accident or a relic.” Looking at properties such as durability and intrinsic value, they are still relevant even with new materials discovered and new assets emerging, such […]

Investors May View Bonds as the Lesser of Two Evils

Investors seem to be moving away from stocks and toward bonds, reversing a historic tendency to gravitate to the “hottest” asset, according to a recent article in The Wall Street Journal. “Fund investors,” it says, “are notorious for buying whatever has recently had hot returns, often right before it goes cold.” It points out, however, […]

Africa Beat for the week ended 13th October 2017

  Economic Update Ethiopia – Central Bank devalues exchange rate  The National Bank of Ethiopia’s vice governor, Yohannes Ayalew has confirmed that the central bank will devalue Ethopia’s Birr exchange rate by 15%. The vice governor stated that the aim of the devaluation is to boost exports, which have been contracting. The central bank has […]

The GREAT Arbitrage Opportunity

The GREAT Arbitrage Opportunity Written by Jeff Nielson, Sprott Money News   For the past several years, readers have seen these articles focus on the primary reason for accumulating and holding precious metals: to protect ourselves from the monetary/financial frauds of the banking crime syndicate. These frauds are aimed squarely at stealing our wealth.   […]

Mexico, Canada Said To "Firmly Reject" US NAFTA Proposals

It appears that Trump’s attempt to ram through a sweeping NAFTA renegotiation is about to hit its first major roadblock: according to CNBC, top trade negotiators from Canada and Mexico will meet Tuesday with the U.S. Trade Representative, Robert Lighthizer, and firmly reject the U.S. proposals floated in the current round of NAFTA negotiations, citing […]

The GREAT Arbitrage Opportunity – Jeff Nielson

October 17, 2017 For the past several years, readers have seen these articles focus on the primary reason for accumulating and holding precious metals: to protect ourselves from the monetary/financial frauds of the banking crime syndicate. These frauds are aimed squarely at stealing our wealth. In the absence of the gold standard, there is no […]