News

24.05.31 News

Dennis Quaid Praises Donald Trump: ‘I Think I’m Gonna Vote For Him’

Dennis Quaid Praises Donald Trump: ‘I Think I’m Gonna Vote For Him’ Authored by Audrey Enjoli via The Epoch Times (emphasis ours), U.S. actor Dennis Quaid poses during a photocall for the film ‘The Substance’ at the 77th edition of the Cannes Film Festival in Cannes, southern France, on May 20, 2024. (Christophe Simon/AFP via […]

24.05.31 News

Fed F**kery Turns $98BN (NSA) Large Bank Deposit Outflow Into $2BN Inflow

Fed F**kery Turns $98BN (NSA) Large Bank Deposit Outflow Into $2BN Inflow After a small inflow last week, total US bank deposits dropped a modest $4.7BN last week on a seasonally-adjusted basis… Source: Bloomberg But, on a non-seasonally-adjusted basis, US total bank deposits tumbled almost $110BN… Source: Bloomberg This decline happened as money market funds […]

24.05.31 News

Gloat While You Still Can: “This Is The ‘All-In-Lost’ Moment”

Gloat While You Still Can: “This Is The ‘All-In-Lost’ Moment” Authored by James Howard Kunstler via Kunstler.com, “The hour is much later than you think…on multiple fronts: Financial, political, medical and geopolitical.” – Edward Dowd In the pre-gloat hours before the verdict in Judge Juan Merchan’s courtroom, Lawfare caporegime Andrew Weissmann (“Mueller’s Pitbull”) confessed Valley Girl style […]

24.05.31 News

Revisiting the 2024 Gold Price Predictions

Five months into 2024 and gold has already matched all of 2023’s gains (+13%). We revisit some 2024 price predictions and discuss

24.05.31 News

Rate-Cut Hopes Resurrected As ‘Hard’ Data Slides: Stocks, Gold, Oil, & Crypto Dumped

Rate-Cut Hopes Resurrected As ‘Hard’ Data Slides: Stocks, Gold, Oil, & Crypto Dumped A weird week of weak ‘hard data, strong ‘soft’ data (macro), weak micro (ugly hints for software and consumer from earnings), and dovish-and-hawkish FedSpeak… Source: Bloomberg Which prompted a resurgence in rate-cut hopes…. Source: Bloomberg But today’s Chicago PMI puke dominates any […]

24.05.31 News

Time To Pay Satan: Canadian Asset Manager Blocks Cash Distributions On Private Credit Funds

Time To Pay Satan: Canadian Asset Manager Blocks Cash Distributions On Private Credit Funds Just one day after JPMorgan CEO Jamie Dimon said private credit could spark turmoil if when the opaque sector of financial markets weakens, warning that “there could be hell to pay,” and adding that he has “seen a couple of these […]

24.05.31 News

‘Time For This War To End’: Biden’s Gaza Speech Aimed At Israeli Hardliners

‘Time For This War To End’: Biden’s Gaza Speech Aimed At Israeli Hardliners President Joe Biden’s Friday afternoon speech was all about pressuring Israel to end the war. He unveiled and endorsed the terms of an Israeli-led proposal that features a three-part roadmap which would result in release of all the hostages and a cessation of […]

24.05.31 News

Gain-of-Function May Explain Bird Flu Jump To Cows And Humans

Gain-of-Function May Explain Bird Flu Jump To Cows And Humans Authored by  Yuhong Dong, M.D., Ph.D. and Xiaoxu Sean Lin, M.D., Ph.D. via The Epoch Times, (Illustration by The Epoch Times, Shutterstock) In the past six months, bird flu has surprised scientists at least twice. Bird flu viruses have circulated mainly in birds for a […]

24.05.31 News

China Condemns US Deployment Of Previously-Banned Missile System To Philippines

China Condemns US Deployment Of Previously-Banned Missile System To Philippines Via AntiWar.com The Chinese Defense Ministry on Thursday strongly condemned the US deployment of an intermediate-range missile system to the Philippines during military drills that were conducted in April and the first half of May. During Washington and Manila’s annual Balikatan exercises, the US deployed a Typhon […]

24.05.31 News

As Copper Soars, Telecoms Sitting On $7 Billion Mother Lode Of Old Cable

As Copper Soars, Telecoms Sitting On $7 Billion Mother Lode Of Old Cable Driven by soaring demand associated with artificial intelligence, electric vehicles, power infrastructure and automation, copper prices are up around 50% in four years. Now, telecom giants are poised to cash in — by pulling their old copper lines back out from from the […]