For The First Time Ever, The FOMC Minutes Discussed Cryptocurrencies

Submitted by Nicholas Colas of DataTrek Research There was something in today’s FOMC meeting minutes that, from our cursory word search of prior meetings, doesn’t appear to have ever been a topic of conversation before: virtual currencies. Here is the exact quote: “Some participants cited various potential risks to financial stability including the risks associated with expanded […]

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Palantir Buys Over $50 Million Of Gold Bars: “Preparing For A Future With More Black Swans”

From Zero Hedge: Anyone watching Tuesday’s US market cash session sees red across the board. One of the strongest sell programs in months dumped stocks at the start of trading on Tuesday, and equity volatility spiked to the upside. As Nomura warned looking the arcane gamma topology underpinning the market, this could be the beginning […]

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MRNA Plunges On Gamma Unclenching

From Zero Hedge As we noted earlier in the year in one of our detailed explanations of market action, historically speaking, gamma squeezes have been primarily associated with markets dropping, not rising.  This is because often as markets start to selloff, traders seek downside protection by purchasing put options. As traders buy puts, dealers (who are short […]

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Meet Your New Feudal Overlords

Authored by Marlon Weems via GEN on Medium, While billionaires like Bill Gates buy up all the nation’s farmland, Wall Street investors snatch up every home they can get their hands on… For Father’s Day a few years back, my wife and kids surprised me with a trip to Medieval Times, an immersive dinner theater […]

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U.S. Treasury Plan If Economic Collapse: “Force Majeure,” Paratroopers to Fed Res. Banks, “De-Monetize” U.S. Dollar

From Hal Turner Did you know the United States of America actually has a PLAN in the event they can no longer service their debt?   They do!  Adopted it back in the early 2000’s.  Meet the “6900 Protocols.” With all the hoopla taking place nowadays, our national government being completely ILLEGITIMATE via a fraudulent and […]

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What Effect Would Tether Being A Complete Fraud Have On Cryptos?

Authored by Mark Jeftovic via BombThrower.com, Tether FUD (Fear-Uncertainty-Doubt) continues, most recently with highly respected commentators such as Grant Williams weighing in and ascribing a high likelihood of the stablecoin being under-reserved and possibly fraudulent. In this note we’re going to look at the claims and try to evaluate what effect it could have on our […]

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Global Head Of FX: This Is The Real Trillion Dollar Question

From Zero Hedge: Late last week, Deutsche Bank’s head of FX research George Saravelos attended a “virtual macro dinner” with a mix of real money, hedge fund and public sector institutions. Here is a summary of the main observations he made during the event Mind the gap. Many would argue that there is a linear […]

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Visualizing Silver’s Uses Through The Ages

from ZH Silver is one of the most versatile metals on Earth, with a unique combination of uses both as a precious and industrial metal. Today, silver’s uses span many modern technologies, including solar panels, electric vehicles, and 5G devices. However, as Visual Capitalist notes, the uses of silver in currency, medicine, art, and jewelry have helped advance civilization, trade, […]

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Spending on infrastructure seems good… But it isn’t

Infrastructure spending can be of great benefit to the economy. But it is quite unfortunate that the type of “spending” proposed by the Democrats will not benefit the economy. For clarity’s sake, let us start our conversation with the definition of “infrastructure” Infrastructure is the general term for the basic physical systems of a business, region, or nation. Examples […]

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England Pubs To Sell 13 Million Pints During The Euros Final, In Spite of “Disappointing” COVID Restrictions

  As COVID restrictions are still in the process of being abolished, people one might predict that the sales prediction for restaurants and pubs for this weekend’s Euro 2020 final between Italy and England could not be certain. But the reverse is the case as a new report has been published by The Guardian, which estimates that […]

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