Monday Evening Links

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[Bloomberg] Asia Stocks Track U.S. Futures Down; Dollar Steady: Markets Wrap [Reuters] EU chooses Spain’s de Guindos for ECB vice-chair, paving way for German head [Bloomberg] Tudor Veteran Says Just a Little More Inflation Could Rock Bonds [CNBC] Bonds are entering a rising rates cycle for the first time since the 1940s, which could be ‘worrisome’ [Reuters] Turkey warns Syrian […]

"Christianity Is Europe's Last Hope" – Hungary's Orban Calls For Global Anti-Migrant Alliance

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Hungarian leader Viktor Orbán called yesterday (18 February) for a global alliance against migration as his right-wing populist Fidesz party began campaigning for an 8 April election in which it is expected to win a third consecutive landslide victory. Popular at home but increasingly at odds politically and economically with mainstream European Union peers,  EURACTIV […]

🔴 Conditions Ripe For 1987-Style Stock Market Crash

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🔴 Conditions Ripe For 1987-Style Stock Market Crash

Peter Schiff at VRIC 2018 Open your Goldmoney account today: https://www.Goldmoney.com/ Sign up for my free newsletter: http://www.europac.net/subscribe_free_reports Peter Schiff Gold News: http://www.SchiffGold.com/news Buy my newest book at http://www.tinyurl.com/RealCrash Friend me on http://www.Facebook.com/PeterSchiff Follow me on http://www.Twitter.com/PeterSchiff SIGN UP FOR…

Kushner In Probe Crosshairs As Mueller Shifts From Russia To China

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Special Counsel Robert Mueller has expanded his interest in Jared Kushner’s contacts with Russians to encompass the young real estate mogul’s efforts to secure financing from foreign investors for his troubled 666 Fifth Avenue property, CNN reports. If true, it would mark a significant departure from Mueller’s mandate to investigate Russian influence in the 2016 election – as […]

Here Is Goldman's Chart Showing Why The US Is Headed For "Banana Republic" Status

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Earlier today we discussed a report by Goldman Sachs which, when summarized, suggested that unless something significant changes in the coming years, the current US fiscal policy will lead to a debt catastrophe. In an unprecedented warning, the bank which spawned Trump’s chief economic advisor Gary Cohn, ironically the architect behind Trump’s fiscal strategy, warned […]

The Fed’s “Catch 22”

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Before diving into the topic, let’s be clear about one thing:  The economic definition of “inflation”  is the increase in money supply relative to the marginal increase of wealth output (GDP) in the economic system for which money supply is created. This is differentiated from “price inflation,” which would is “a general rise in prices.” […]

GDX Weathers Stock Selloff – Adam Hamilton (02/20/2018)

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The gold miners’ stocks weathered the recent stock-market plunge really well.  As evident in their leading GDX ETF, they were already beaten down before stock markets started falling.  The resulting explosion of fear bled into GDX, forcing it even lower.  Nevertheless, no major technical damage was done.  GDX remained well within its consolidation trend channel… […]

Americans Are “Skint”

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Justin’s note: Over the past few weeks, the market’s been volatile. The Dow plunged over 1,000 points on February 5, its biggest daily point drop in history. It’s since recovered some of those losses, but as Doug mentioned Friday, there are likely more down days ahead. In times like this, Bill Bonner reminds us of the only […]

Kofi Annan Echoes Soros Scaremongery: "Social Media Threatens Democracy"

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Just a few short weeks after billionaire George Soros spoke in Davos, demanding that the European Union regulate social media because voters’ minds are being controlled and “manipulated,” none other than former secretary-general of the United Nations and Nobel Peace laureate, Kofi Annan, has issued an op-ed very much in support of Soros’ free-speech suppression […]

Here’s why Apple is losing Asia – Wall Street Journal

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The iPhone X has set a new benchmark for smartphone prices and bolstered Apple’s bottom line, but its steep price may be hobbling its future in Asia’s biggest markets and allowing Chinese challengers to grab market share. This is a BizNews Premium article. Please login or sign up for a free 1-month trial. If you just […]

How The Fed's Inflation Policies Crucify Workers (In Pictures)

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Authored by Mike Shedlock via MishTalk, Every month, pundits comment on average wages. But median wages best explain how the Fed’s policies crucify workers. The meme of the day is wage growth is accelerating. I disputed that notion on February 7, in Acceleration in Wage Growth is a Statistical Mirage. On February 16, I reported Congratulations Workers! […]