Trucking industry insider reveals the secret recession that’s ravaging our trucking industry today…by Dunagun Kaiser with Trucking Industry Insider via Reluctant Peppers​Wary of the official claims about “the greatest economy in history,” when your own eyes and ears and gut are telling you things are headed in a seriously wrong direction?Dunagun Kaiser interviews a well-positioned source in the trucking industry, who has decades of experience and broad insights – from the reality on the ground t...

Are these claims even remotely plausible for a highly contagious virus that spreads easily between humans while carriers show no symptoms?by Charles Hugh Smith via Of Two MindsAre these claims even remotely plausible for a highly contagious virus that spreads easily between humans while carriers show no symptoms?It’s clear that the narrative about the coronavirus is being carefully managed globally to minimize the impact on global sentiment and markets. Authorities are well aware of the global e...

Without the unprofitable and unconventional shale oil supply, U.S. oil production would still be below 5 million barrels per day.  While we can applaud the shale industry for allowing the American Leech & Spend Suburban Economy to continue for another decade, I wouldn’t count on it lasting another ten years.  If we are lucky, we may get another 1-2 years before the entire U.S. Shale Oil Ponzi Scheme comes crashing down.In my recent video, The Coming Exponential Silver Price Movement, many co...

One major threat to the recovery in global growth this year is the coronavirus outbreak that is centered around Greater China…from Zero HedgeOne major threat to the recovery in global growth this year is the coronavirus outbreak that is centered around Greater China.The World Health Organization (WHO) has now labeled the deadly virus a global health emergency as more than 902 people have died, surpassing all of SARS (813) in just three weeks.Global confirmed cases hit 40,544 in China and 382 off...

Submitted by cpowell on Tue, 2020-02-11 17:04. Section:Since March 2019 ABC Refinery also has employed as its senior precious metals analyst the former Perth Mint analyst Bron Suchecki.* * *ABC Refinery Tightens Its Hold on Precious Metals Marketwith Major Expansion of Its Treasury and Trading TeamCompany AnnouncementABC Refinery, Marrickville, New South Wales, AustraliaMonday, February 10, 2020https://www.abcrefinery.com/resources/media-articles/abc-refinery-tighte...ABC Refinery has announced ...

Jay Powell warned disruptions in China could spill over to the rest of the world, but here is the big surprise.Biggest Demand Shock Since 2009 Global Financial CrisisFebruary 11 (King World News) – Peter Boockvar:  Under Armour is another company quantifying the impact of the disrupted supply chains in China in today’s earnings release.“The company’s initial 2020 outlook currently includes an estimated negative impact of the coronavirus outbreak in China approximately $50 to $60mm in sales relat...

Food prices have skyrocketed in China amidst the ongoing coronavirus outbreak plaguing the country…Food prices have skyrocketed in China amidst the ongoing coronavirus outbreak plaguing the country. Food prices are soaring more than 20% according to government statistics released Monday.China’s consumer price index (CPI) spiked 5.4% compared to this time last year, the country’s state-run media organization Xinhua reported, citing the National Bureau of Statistics data released Monday. The CPI i...

The contraction in economic activity and global market engagement as a result of the Wuhan virus will result in a much bigger and broader…by Chris Vermeulen of The Technical TradersSTOCK MARKET SECTOR ROTATION SHOULD PEAK WITHIN 60+ DAYSThe first part of this article highlighted what we believe is the start of a broad market sector rotation setup in the US and global markets.  This second part will highlight what we believe are excellent examples of sector trade setups for our friends and follow...

When it comes to gold, it’s often hard to tell financial journalists from pet rocks. Here’s the latest example…by Chris Powell of the Gold Anti-Trust Action Committee (GATA)Dear Friend of GATA and Gold:Seven years ago Queen Elizabeth was walked through the Bank of England’s gold vault with the video and still cameras rolling —http://www.gata.org/node/12030— and today the British Broadcasting Co. airs a two-minute video report about a recent visit to the vault by a BBC reporter.For the reporter’s...

The patient was under federal quarantine, and now the CDC is conducting a thorough “contact investigation of the person”…(Silver Doctors Editors) One of the people evacuated from Wuhan has been confirmed to have the coronavirus infection.CDC today confirmed another infection with 2019 Novel Coronavirus (2019-nCoV) in the United States that was detected in California. The patient who was under a federal quarantine order recently returned from Wuhan, China, where an outbreak of respiratory illness...

Why do the Democrats keep swinging and missing at Trump? They don’t really oppose Trump’s most egregious abuses of power…by Ron Paul via Ron Paul InstituteThis week the latest Democratic Party attempt to remove President Trump from office – impeachment over Trump allegedly holding up an arms deal to Ukraine – flopped. Just like “Russiagate” and the Mueller investigation, and a number of other attempts to overturn the 2016 election.We’ve had three years of accusations and investigations with unto...

A new report finds the incubation period may be 10 days longer than previously expected. Here’s an update…by Chris Martenson of Peak ProsperityA new report finds that the incubation period for the coronavirus may be as long as 24 days, 10 days longer than previous expected.That means that the potential size of “infected & contagious yet unaware” masses walking around (outside of China’s quarantine borders) could be substantially larger than feared.On top of that, additional data from China’s...

The federal debt level right now, today, is the highest that it has ever been in US history…by Simon Black of Sovereign ManToday the federal government will release a nearly $5 TRILLION annual budget proposal for Fiscal Year 2021 (which begins on October 1st of this year).Needless to say, that’s more money than any government has ever spent in the history of the world.And there are a few things in particular that are worth highlighting:First– this budget proposal would create yet another trillio...

 Big rallies in the USD Index are likely to correspond to big declines in gold…by Przemyslaw Radomski via Sunshine ProfitsLet’s start with gold and the US dollar. The yellow metal and its fiat nemesis. Often, they move inversely, though the strength and even the direction of their relationship varies when examined from different time perspectives. What is the message the greenback is sending out currently?About the USD Index and GoldThe USD Index is moving up in a rising trend channel (all mediu...

Submitted by cpowell on Tue, 2020-02-11 02:51. Section:9:50p ET Monday, February 10, 2020Dear Friend of GATA and Gold:The near-lockdown of China's people and economy to prevent the spread of the coronavirus is bound to affect the nation's gold demand and gold market, Bullion Star researcher Ronan Manly writes today. The epidemic, Manly writes, will put China's gold market data in great question and it may be months before the data can be considered generally reliable again.Manly's commentary is ...

Submitted by cpowell on Tue, 2020-02-11 02:42. Section:9:41p ET Monday, February 10, 2020Dear Friend of GATA and Gold:Market watcher Mario Innecco in London has just interviewed GATA Chairman Bill Murphy about recent developments in gold price suppression policy as well as its background. The interview is 25 minutes long and can be viewed at You Tube here:https://www.youtube.com/watch?v=Tt0wwWRf0v8&feature=youtu.beCHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committee Inc.CPowell@...

Long-term bond yields reek of a sense of urgency verging on panic. Here’s why…by Michael Ballanger via Streetwise ReportsOne of the advantages of being a sexagenarian is that after forty years investing in stocks, bonds, commodities, and currencies you have a pretty good idea when something is not exactly “right.” If you have lived a good, normal life and you still have decent control of over your mental faculties and bodily functions, you remember moments in time that impacted your sensibilitie...

The world is facing the biggest demand shock since the 2009 global financial crisis.Biggest Demand Shock Since 2009 Global Financial CrisisFebruary 10 (King World News) – Ole Hansen, Head of Commodity Strategy out of Sweden:  “Of all sectors, commodities – for now –  remain the one caught in the cross-hairs of the virus outbreak. In my latest Weekly Commodity Update I wrote:“Commodity markets continue to bear the brunt of the coronavirus outbreak in China. The concern remains that the wider mark...

No quarantine, no bathroom, no food, no doctors…by TraderStef via CrushTheStreet on 02-07-20 (connect with TraderStef via Twitter or at TraderStef’s website)Pictured above is a typical makeshift treatment facility during the “Spanish flu” pandemic from 1918-1919. It is one of the most devastating outbreaks of disease in history, affecting roughly 30% of the world’s population with the estimated deaths ranging from 40-100 million and including 675,000 Americans. That H1N1 virus with genes of avia...

The product of decades of digital debt based fiat currency created out of thin air by the trillions…by Jason Burack via Wall St For Main StThe product of decades of digital debt based fiat currency created out of thin air by the trillions, and stagflate and tax and lie as the main policy since the 2008 financial crisis. Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing...