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Monday, 18 June

02:16

Judge Jeanine Blasts DOJ IGs Whitewash Report, 2284 The Still Report

This is a paid sponsorship by: - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com Good evening, Im still reporting on: Judge Jeanine Blasts DOJ IGs Whitewash Report, 2284 Synopsis: Thank God for Judge Jeanine Pirro. Tonight she spoke for me she spoke the words Donald Trump wanted to speak, but couldnt. She is literally the American standard bearer for truth, justice and the American way. When I saw the first analysis of this IG report, what I told Beth was Pablum baby food a whitewash. Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the Still Report, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https://plus.google.com/u/0/+BillStill http://billstills.blogspot.in/ https://twitter.com/billstill https://www.facebook.com/TheStillReport https://www.pinterest.com/billstills/ https://www.linkedin.com/in/billstill http://billstills.tumblr.com/ https://billstills.wordpress.com/ https://www.diigo.com/profile/billstill https://www.reddit.com/user/billstills/ http://www.stumbleupon.com/stumbler/billstillss Consider becoming a Patreon sponsor: https://www.patreon.com/user?u=3204630 https://youtu.be/e-0SWwrV5NU

02:15

Jim Jordan Why is Peter Strzok Still at the FBI?, 2283 The Still Report

This is a paid sponsorship by: - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com Good morning, Im still reporting on: Jim Jordan Why is Peter Strzok Still at the FBI?, 2283 Synopsis: Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the Still Report, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https://plus.google.com/u/0/+BillStill http://billstills.blogspot.in/ https://twitter.com/billstill https://www.facebook.com/TheStillReport https://www.pinterest.com/billstills/ https://www.linkedin.com/in/billstill http://billstills.tumblr.com/ https://billstills.wordpress.com/ https://www.diigo.com/profile/billstill https://www.reddit.com/user/billstills/ http://www.stumbleupon.com/stumbler/billstillss Consider becoming a Patreon sponsor: https://www.patreon.com/user?u=3204630 https://youtu.be/ODJbY8rNlxs

02:14

Crime Fighting Mexican Pol Assassinated in Public, 2285 The Still Report

This is a paid sponsorship by: - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com Good morning, Im still reporting on: Crime Fighting Mexican Pol Assassinated in Public, 2285 Synopsis: The problem with this coup thing is not just that a few people are trying cover up for the Clintons and President Obamas misdeeds, but something far, far deeper. Its an attack on civilization, itself, and its two most important organizing principle, the social compact and the rule of law. The social compact is the American spirit, where everyone knows that the only way for a republic to survive is if everyone pitches in to make government work. It also means that we all pretty much agree on a set of rules or laws made through the most fair way we can produce. Once that breaks down and it already has then the fascist aspects of governance become stronger, and the populist aspects become weaker. Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the Still Report, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https://plus.google.com/u/0/+BillStill http://billstills.blogspot.in/ https://twitter.com/billstill https://www.facebook.com/TheStillReport https://www.pinterest.com/billstills/ https://www.linkedin.com/in/billstill http://billstills.tumblr.com/ https://billstills.wordpress.com/ https://www.diigo.com/profile/billstill...

02:10

FOLLOW SWISS PENSION FUND BUY GOLD DONT WORRY BE HAPPY The Daily Coin

FOLLOW SWISS PENSION FUND BUY GOLD DONT WORRY BE HAPPY by Egon von Greyerz Gold Switzerland Brexit, Quitaly and Grexit. Debt Defaults, Stock Shocks, Bond Bubbles, Properties Popping, Derivative Defaults and Banks Busting. Well that is just...

The post FOLLOW SWISS PENSION FUND BUY GOLD DONT WORRY BE HAPPY appeared first on The Daily Coin.

02:00

Transcript: Senator George Mitchell The Big Picture

    The transcript from this weeks MIB: Senator George Mitchell is below. You can stream/download the full conversation, including the podcast extras on iTunes, Bloomberg, Overcast, and Stitcher. Our earlier podcasts can all be found on iTunes, Stitcher, Overcast, and Bloomberg. ~~~ ANNOUNCER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio. RITHOLTZ: This week on the podcast, I have an

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The post Transcript: Senator George Mitchell appeared first on The Big Picture.

01:45

How Streaming Companies Impact the Price of Gold and Silver and PM Miners (Video) The Daily Coin

How Streaming Companies Impact the Price of Gold and Silver and PM Miners Video smaulgld Video Source

The post How Streaming Companies Impact the Price of Gold and Silver and PM Miners (Video) appeared first on The Daily Coin.

01:20

Vegetable Consumption Increases When Children Learn To Garden The Daily Coin

Vegetable Consumption Increases When Children Learn To Garden by Sara Tipton Ready Nutrition Most of us know by now that increasing our consumption of fruits and vegetables and limiting processed foods will lead us down a path of nutritional sustenance...

The post Vegetable Consumption Increases When Children Learn To Garden appeared first on The Daily Coin.

00:59

Bannon Says Trump Will Run The Tables In Midterms If He Doest Fold On DACA The Daily Coin

Bannon Says Trump Will Run The Tables In Midterms If He Doest Fold On DACA from ZeroHedge TDC Note Couldnt agree more. #### It has been nearly a year since Steve Bannon was ousted from the White House. And...

The post Bannon Says Trump Will Run The Tables In Midterms If He Doest Fold On DACA appeared first on The Daily Coin.

00:55

Was Gold Actually Dumped Friday? The Daily Coin

Was Gold Actually Dumped Friday? by Dave Kranzler Investment Research Dynamics Sifting through Twitter, I came across a curious assertion posited as a reply to a post on unemployment on Steph Pomboys twitter feed (@spomboy).  The tweeter asked, have...

The post Was Gold Actually Dumped Friday? appeared first on The Daily Coin.

00:30

Judge Jeanine: IG report evidence of deep state hard at work (Video) The Daily Coin

Judge Jeanine: IG report evidence of deep state hard at work Video Fox News Video Source

The post Judge Jeanine: IG report evidence of deep state hard at work (Video) appeared first on The Daily Coin.

00:16

Millennials GOLD: Blockchain & Cryptos Free Humanity From Bank Claws The Daily Coin

Millennials GOLD: Blockchain & Cryptos Free Humanity From Bank Claws from The Daily Coin

The post Millennials GOLD: Blockchain & Cryptos Free Humanity From Bank Claws appeared first on The Daily Coin.

00:14

The Police State Takes A Giant Leap Towards Pre-Crime The Daily Coin

The Police State Takes A Giant Leap Towards Pre-Crime by Rory The Daily Coin If you think we still have privacy rights or a 4th Amendment you are living in the past. Technology has moved past our individual rights...

The post The Police State Takes A Giant Leap Towards Pre-Crime appeared first on The Daily Coin.

00:05

Health Ranger issues urgent warning about salmonella in pumpkin seed protein as Kelloggs issues nationwide recall The Daily Coin

Health Ranger issues urgent warning about salmonella in pumpkin seed protein as Kelloggs issues nationwide recall by: Mike Adams  Natural News Pumpkin seed protein being sold across America right this minute is contaminated with salmonella and crazy high bacteria counts. We...

The post Health Ranger issues urgent warning about salmonella in pumpkin seed protein as Kelloggs issues nationwide recall appeared first on The Daily Coin.

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Sunday, 17 June

23:56

Trump's Impromptu Newser, 2282 The Still Report

This is a paid sponsorship by: Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill Good morning, Im still reporting on: , Trump's Impromptu Newser, 2282 Synopsis: Support Our Sponsors: - Virtual Shield VPN - the easiest way to create a home VPN. Go to: https://www.virtualshield.com/billstill - Trade Genius Academy: Learn the safe, sure way to trade. https://www.TradeGeniusAcademy.com - Ray Mikelonis, an independent representative of plant-based products which have been scientifically proven to naturally increase the number of adult stem cells in your body. CLICK HERE: BillStill.StemCellintern.com -Jeevy Computers: Move up to business-level computer protection. 800-844-8613 http://jeevycomputers.com/pcs/ Still Report BTC address: 18Ky2c3CgPY3eu5N7ySoM3X6NjgEAN2w4v Connect with me; Bill Still: newspaper editor/publisher, economics reporter - top US publications, authored 22 books, 4 documentary videos & daily host of this Y/T channel, THE STILL REPORT: https://plus.google.com/u/0/109353617116072656672 Get the word Out: Please LIKE, COMMENT & SHARE! Our website: http://www.billstill.com Considered by informed insiders as the ultimate resource for surviving economic or financial collapse/crash and attaining the unvarnished truth about the latest US and world news, current events in Washington, and todays United States political climate. Please Like, Comment & Share. Bill Still is a former newspaper editor and publisher. He has written for USA Today, The Saturday Evening Post, the Los Angeles Times Syndicate, OMNI magazine, and has also produced the syndicated radio program, Health News. He has written 22 books and two documentary videos and is the host of his wildly popular daily YouTube Channel the Still Report, the quintessential report on the economy and Washington. Connect with Bill Still: https://www.youtube.com/user/bstill3 https://plus.google.com/u/0/+BillStill http://billstills.blogspot.in/ https://twitter.com/billstill https://www.facebook.com/TheStillReport https://www.pinterest.com/billstills/ https://www.linkedin.com/in/billstill http://billstills.tumblr.com/ https://billstills.wordpress.com/ https://www.diigo.com/profile/billstill https://www.reddit.com/user/billstills/ http://www.stumbleupon.com/stumbler/billstillss Consider becoming a Patreon sponsor: https://www.patreon.com/user?u=3204630 https://youtu.be/BSyGb8xjZac

23:40

Gold & Gold Stocks Fail at 200-Day Moving Averages The Daily Coin

Gold & Gold Stocks Fail at 200-Day Moving Averages by Jordan Roy-Byrne The Daily Gold Fed week is exciting for some. Gold bulls and bugs alike hope the Fed will do something or say something that will trigger a...

The post Gold & Gold Stocks Fail at 200-Day Moving Averages appeared first on The Daily Coin.

23:18

Aluminum Sanctions Elicit Russian T-Bond Dumping-How The Empire Is Losing Its Grip On Global Finance David Stockman's Contra Corner

In the case of the insane sanctions on Oleg Deripaska and Russian Aluminum giant, Rusal, back in April, we finally got some clarity as to how Russia can and will respond to future events.

In yesterdays Treasury International Capital (TIC) report, we saw clearly that Russia activated its nearly $100 billion in U.S. Treasury debt to buy dollars in April.  More than $47 billion in U.S. debt was dumped into the market to cover the chaos engendered by Trumps overnight diktat for the world to stop doing business with Rusal.

 

Mr. Trump Attacks Aluminum, Russia Attacks the Debt

22:50

Tropical System in Gulf./Eye on Texas/Hawaii/CERN (Video) The Daily Coin

Tropical System in Gulf./Eye on Texas/Hawaii/CERN Video QBPEarth Watch Video Source

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22:25

Catherine Austin-Fitts: Elite Stole $50 Trillion and Will Invest in Space The Daily Coin

Catherine Austin-Fitts: Elite Stole $50 Trillion and Will Invest in Space by Greg Hunter USA Watchdog TDC Note  Ms. Fitts has been busy this week. Click here and here for other great, recent interviews. #### Money manager Catherine...

The post Catherine Austin-Fitts: Elite Stole $50 Trillion and Will Invest in Space appeared first on The Daily Coin.

22:00

Not a Single Adult in the Room: How G7 Was Reduced to Infighting, Arm Wrestling & Anti-Russia Hysteria The Daily Coin

Not a Single Adult in the Room: How G7 Was Reduced to Infighting, Arm Wrestling & Anti-Russia Hysteria by Robert Bridge Strategic-Culture With member-states haggling over tit-for-tat protectionist measures against each other, Russias absence from the economic talk shop...

The post Not a Single Adult in the Room: How G7 Was Reduced to Infighting, Arm Wrestling & Anti-Russia Hysteria appeared first on The Daily Coin.

21:48

Technology in Kubricks *2001: A Space Odyssey* Marginal REVOLUTION

This post serves up some spoilers of detail, though no major spoilers of plot until the penultimate you must go see it paragraph.  Upon a re-viewing of this movie, I found the following striking:

1. There is a Skype-like service for phone calls, but it never occurs to anyone that something like sending an email might be possible or even desirable.  A lot of major and even apparently simple technological advances just arent that self-evident.  The cameras in the movie also remained quite primitive and clunky, even by pre-smart phone standards.  Maybe people expected a great stagnation in cameras back then.

2. At the time, Kubrick apparently thought it plausible that the audience would buy into common, widespread and indeed commercially viable space travel by 1992.  The film was released in 1968.

3. Pan American flies people into outer space, and apparently used this new market to avoid total bankruptcy.  Their stewardesses still have silly hats and costumes, and they act in a vaguely self-demeaning manner.

4. The film shows some signs of recognizing that Moores Law might happen.  Hal for instance is advanced AI, but he is not huge in size.  And the portrait of voice recognition technology is quite realistic.

5. Stars do not twinkle in outer space, however.

6. Hal 9000 would be less creepy with a female voice, and indeed Apple and Amazon figured that out some while ago.  Note to my tech friends: do not program your personal assistant bots with a resentful, quivering, paranoid, passive-aggressive male voice.

7. The movie seems to suggest that chess-playing computers are a major achievement, when in fact this was mastered relatively easily, compared to many other AI problems.  The movie shows this chess game, with Hal as Black.  It is the kind of game you might expect a strong computer to play against a human, namely with a finish based on visually counterintuitive tactics.

8. It is a truly dystopic vision to think that Howard Johnsons will be serving us food in space.

9. The first time I saw the movie, which I believe was in the mid-1970s, I was more stunned by seeing Americans talking to Russians as if they were normal people than by any of the technology.

Here is a good Wikipedia page on technologies in the movie.  Now a few spoilers:

The movie, which I had not seen in many years, I found quite stunning.  It took so many chances, and with so much self-confidence that the originality could be pulled off.  Imagine opening a film with m...

21:35

Lets Talk About Sex (Video) The Daily Coin

Lets Talk About Sex Video Stefan Molyneux Question: In the fall of Bill Cosby episode, Stefan talks about women needing to take greater caution when interacting with men. He equates a woman accepting an older mans invitation to accompany...

The post Lets Talk About Sex (Video) appeared first on The Daily Coin.

21:32

Economists in the Media Marginal REVOLUTION

I am quoted on how economists are portrayed in the media:

It is the best of times. It is the worst of times. It is not uncommon, for example, to see critiques of economics in the media which are about as sophisticated as saying look at those silly physicists who think that a bowling ball and a feather fall at the same rate. Even people who should know better like David Suzuki say ridiculously, obtuse things when it comes to economicsperhaps for ideological reasons.

At the same time, the quality of the coverage of economics in the media is often excellent and has never been better. Greg Ip, David Leonhardt, Catherine Rampell, Adam Davidson, Stacey Vanek Smith, Cardiff Garcia, Megan McArdle all do superb economic commentary and reporting not just about the economy but about economics. And those are only the people off the top of my head, I could name many more.

The public also has access to top economists through the blogs and social media. I would count Paul Krugman, Tyler Cowen, John Cochrane, and Jeniffer Doleac in this category.

While some people claim that economics is out of touch or obsolete, economics passes the market test. Economists have never been more in demand. Designing new types of markets is a big part of the internet economy and computer scientists, followed by economists, are the leaders in this field. Google and Facebook run billions of dollars of auctions using what was once an obscure economic theory (Vickey-Clarke-Groves auctions). Google, Facebook, Uber and Airbnb all hire economists to better understand data and design new economic mechanisms. Even some online games like Eve Online are hiring economists to help to run virtual economiesone such economist, Yanis Varoufakis, went from a virtual economy to a real economy when he became Greeces Minster of Finance.

If you want to understand the world and make it a better place there is no better degree than an economics degree because it is so versatile.

The post Economists in the Media appeared first on Marginal REVOLUTION.

21:30

10 Sunday Reads The Big Picture

My easy like Sunday morning reads:  How the Gig Economy Is Reshaping Work: Not So Much (New York Times)  When the Unexpected Leads to the Unexpected (A Wealth of Common Sense)  How Batteries Went From Primitive Power to Global Domination (Bloomberg)  An Inconvenient New Neutrino? (New York Review of Books)  The Donald J. Trump Foundation, Explained (NYT)  My career

Read More

The post 10 Sunday Reads appeared first on The Big Picture.

21:10

Winds and Whirlwinds Quad Witch Option Expiration The Daily Coin

Winds and Whirlwinds Quad Witch Option Expiration by Jesse Jesses Crossroads Cafe It appeared that the whole world was one elaborate system, opposed to justice and kindness, and set to making cruelty and pain.  And he and his...

The post Winds and Whirlwinds Quad Witch Option Expiration appeared first on The Daily Coin.

20:58

Leaked Memo by Larry Sonsini Shows Sonsini and CalPERS Violating Fiduciary Duty With Proposed Private Equity Outsourcing Scheme naked capitalism

A leaked memo written for CalPERS by Silicon Valley attorney Larry Sonsisi not only reflects poorly on him and CalPERS, but also validates concerns about corruption.

20:45

Prison Reform The Daily Coin

Prison Reform by Zman via The Burning Platform One of the under discussed topics floating around Washington is prison reform, which has the support of President Trump. His son-in-law has been quietly whipping support for a bill backed by the...

The post Prison Reform appeared first on The Daily Coin.

20:15

Jeff & Dr. Leonard Coldwell The Horrific Third World Invasion Of Europe Continues (Video) The Daily Coin

Jeff & Dr. Leonard Coldwell The Horrific Third World Invasion Of Europe Continues Video Jeff Rense Video Source

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19:45

Gold Divergences Emerge The Daily Coin

Gold Divergences Emerge Author Pater Tenebrarum  Acting-Man Bad Hair Day Produces Positive Divergences On Friday the ongoing trade dispute between the US and China was apparently escalated by a notch to the next level, at least verbally. The Trump administration announced...

The post Gold Divergences Emerge appeared first on The Daily Coin.

19:05

Debt Rattle June 17 2018 The Automatic Earth

George Grosz Apocalyptic landscape 1936   Is Merkels Reign Nearing A Frustrated End? (G.) Merkel Wants to Hold Urgent Summit With EU States on Migration Issues (Sp.) Italy Bars Two More Refugee Ships From Ports (G.) Spain Rescues More Than 900 Boat Migrants, Finds Four Bodies (R.) First Migrants From

The post Debt Rattle June 17 2018 appeared first on The Automatic Earth.

18:45

Smart Money Is Moving into Gold as Volatility Returns The Daily Coin

Smart Money Is Moving into Gold as Volatility Returns By Olivier Garret TFMetals Report For your weekend reading, we suggest the latest from our friends at Hard Assets Alliance. Again, HAA is one of the primary advertisers here at...

The post Smart Money Is Moving into Gold as Volatility Returns appeared first on The Daily Coin.

18:15

Smaulglds Moronic For the Week Ended 061618 (Video) The Daily Coin

Smaulglds Moronic For the Week Ended 061618 Video smaulgld Video Source

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17:45

Can Gold Rally Despite A Strong Dollar? The Daily Coin

Can Gold Rally Despite A Strong Dollar? by Cliff Droke  Gold-Eagle Summary Gold shrugs off dollar strength due to a confluence of overseas factors. The gold mining stocks, however, are showing more strength than gold. Investors should focus on relative strength...

The post Can Gold Rally Despite A Strong Dollar? appeared first on The Daily Coin.

17:25

Don Quijones: Consumers Stubbornly Cling to Cash, after Multiple IT Fiascos & Payment Systems Outages naked capitalism

More consumer pushback in the war on cash: An industry dogged by non-believers who fret about privacy and fraud.

17:24

What it means to nourish cities with nature Eco-Business

Around the world, architects and urban planners are working to bring nature back into our cities. Carlo Ratti traces the rocky relationship between cities and the natural world, and the best attempts to reconcile the two.

17:15

Lior Gantz: Big Things Are Coming To The US, The Transition Will Not Be Smooth (Video) The Daily Coin

Lior Gantz: Big Things Are Coming To The US, The Transition Will Not Be Smooth Video X22 Report Video Source

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16:20

*Enron Ascending: The Forgotten Years, 1984-1996* Marginal REVOLUTION

By Robert L. Bradley, this is the first of several volumes, covering the entire history of the company.  Due out in August, it will be definitive.

The post *Enron Ascending: The Forgotten Years, 1984-1996* appeared first on Marginal REVOLUTION.

14:38

*Divided: Why Were Living in an Age of Walls* Marginal REVOLUTION

That is the new book by Tim Marshall, yes Trump and Israel and the like, but it goes much further than that.  Here is one excerpt:

Since 1971, Assams population has more than doubled, from 14.6 million to over 30 million, much of which is due to illegal immigration.  Hindu nationalists have argued that the area might have a Muslim majority by 2060.  In 2015 there were 19 million Hindus and 11 million Muslims, nine of the twenty-seven districts being Muslim majority.  Equally importantly, the 2017 census showed that people who are ethnically Assamese are now a minority in the state as a whole, and as people continue to arrive their proportions will continue to drop.

This is a depressing but thought-provoking book.  Bangladesh, by the way, is smaller than the state of Florida, but has 165 million people.  And I had not known there are about 800,000 Nigerians in South Africa.  You can order the book here.

The post *Divided: Why Were Living in an Age of Walls* appeared first on Marginal REVOLUTION.

13:45

Media Desperately Pushes Fake News Narrative To Distract The Masses The Daily Coin

Media Desperately Pushes Fake News Narrative To Distract The Masses Children In Cages Like Concentration Camps By Susan Duclos All News PipeLine The media really, really doesnt want to talk about the extensive proof of anti-Trump bias at the...

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13:15

Weekly Message from President Trump (Video) The Daily Coin

Weekly Message from President Trump Video WhiteHouse.gov via Mark Dice Video Source

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12:45

Ancient Paintings Feature The Ultimate Ancient Astronaut Evidence The Daily Coin

Ancient Paintings Feature The Ultimate Ancient Astronaut Evidence from Humans Are Free TDC Note These are very compelling works of art. I believe there are aliens, quiet possibly hanging out on or around Sirius or one of the stars...

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12:15

Precious Metals Get Slammed! (Video) The Daily Coin

Precious Metals Get Slammed! Video The Morgan Report Get Trading Recommendations and Read Analysis on TheMorganReport.com for just $50 per month. | http://www.themorganreport.com/join Precious Metals Get Slammed! | The Morgan Reports Weekly Perspective | http://www.themorganreport.com The Morgan Reports Weekly...

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11:45

Got Money To Launder? Try Dubai Real Estate The Daily Coin

Got Money To Launder? Try Dubai Real Estate By Alex Kimani  Safe Haven With its numerous skyscrapers, luxury villas and high-end luxury goods businesses, Dubai has captured the worlds imagination for decades. The emirates rapid economic development has also given rise...

The post Got Money To Launder? Try Dubai Real Estate appeared first on The Daily Coin.

11:15

Jason A: Something Mysterious is Happening Worldwide! (Video) The Daily Coin

Jason A: Something Mysterious is Happening Worldwide! Video Video Source

The post Jason A: Something Mysterious is Happening Worldwide! (Video) appeared first on The Daily Coin.

10:45

New study proves the UNDENIABLE connection between vaccination and autism The Daily Coin

New study proves the UNDENIABLE connection between vaccination and autism by: Isabelle Z.  Natural News How much longer can those who profit from vaccines deny the connection between autism rates and vaccination? With incriminating evidence like the latest report from the...

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10:15

Reps. Matt Gaetz and Ron DeSantis on the IG report fallout (Video) The Daily Coin

Reps. Matt Gaetz and Ron DeSantis on the IG report fallout Video Fox News Congressmen Matt Gaetz and Ron DeSantis speak out on Hannity after the all-important DOJ inspector general report is released. Video Source

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10:00

Government Politicians Say They Live In Fear As Threats Against Deep State Congress Increase Political Vel Craft

the House Administration Committee allocated $25,000 to each member in 2017 and again in 2018 to beef up their personal and office security Threats against politicians have been skyrocketing lately. Many in Congress are now living in fear, purchasing body armor and hiring armed guards to protect themselves against the people they should be serving rather thanContinue reading "Government Politicians Say They Live In Fear As Threats Against Deep State Congress Increase"

09:45

Trump: I Certainly Wouldnt Sign Paul Ryans Amnesty Bill The Daily Coin

Trump: I Certainly Wouldnt Sign Paul Ryans Amnesty Bill by Tim Brown Freedom Outpost Trumps rejection of the Ryan bill is based on his four pillars of immigration reform that is posted on the White House website. On Friday...

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09:15

Chinas Economic Slowdown Rapidly Increasing (Video) The Daily Coin

Chinas Economic Slowdown Rapidly Increasing Video The Money GPS Video Source

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08:45

Can You Even Imagine The Pioneer Family Surviving The Frontier? The Daily Coin

Can You Even Imagine The Pioneer Family Surviving The Frontier? by Ken Jorgustin Modern Survival Blog If youre a homesteader or preparedness lifestyler (just invented that word ), can you even imagine the life of the American pioneer...

The post Can You Even Imagine The Pioneer Family Surviving The Frontier? appeared first on The Daily Coin.

08:17

Blockchain Main Player In Cannabis Legalization: EXCLUSIVE Interview The Daily Coin

Blockchain Main Player In Cannabis Legalization: EXCLUSIVE Interview from The Daily Coin Billions of dollars in product will soon be changing hands across a global marijuana market, but without quality assurance, patent protection and tracking/verification, billions could be lost in...

The post Blockchain Main Player In Cannabis Legalization: EXCLUSIVE Interview appeared first on The Daily Coin.

08:15

They Wont Reveal Whats Being Tracked In Space (Video) The Daily Coin

They Wont Reveal Whats Being Tracked In Space Video Secure Team10 Video Source

The post They Wont Reveal Whats Being Tracked In Space (Video) appeared first on The Daily Coin.

07:45

Seven Summertime Natural Poison Ivy Remedies The Daily Coin

Seven Summertime Natural Poison Ivy Remedies by: Off The Grid News Beautiful weather means outdoor time. Gardening. Hiking. Camping. While these adventures leave lasting memories, you often can end up with a bad souvenir, in the form of a poison ivy...

The post Seven Summertime Natural Poison Ivy Remedies appeared first on The Daily Coin.

07:15

Keiser Report: Bitcoin instead of US dollar? (Video) The Daily Coin

Keiser Report: Bitcoin instead of US dollar? Video RT In this episode of the Keiser Report, Max and Stacy discuss the failure of the Vollgeld-Initiative in Switzerland but why the banks should have lost the right to print money....

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06:45

The 4 Stages of the Collapse of Venezuela The Daily Coin

The 4 Stages of the Collapse of Venezuela by J.G. Martinez D. The Organic Prepper When looking back at the collapse of Venezuela, I see that nothing there happened which was new. As many other countries that have experienced...

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06:15

BOB MORIARTY | North Korea, Trade Wars, Precious Metals and Bitcoin (Video) The Daily Coin

BOB MORIARTY | North Korea, Trade Wars, Precious Metals and Bitcoin Video Proven and Probable Video Source

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05:45

The RBA as firm and policymaker TheMoneyIllusion

Here is the Financial Times:

Australia has created 1m jobs over five years and its economy is growing at a healthy 3.1 per cent a year, but for workers the lucky country has lost some of its shine. Wages growth is stuck near record lows and household debt is among the highest in the developed world.

Average wages grew 2.1 per cent in the year to the end of March, below the 3.5 to 4 per cent levels that Australians enjoyed during a decade-long commodities boom that ended in 2013.

This is causing concern at the Reserve Bank of Australia, which has warned that weak household income growth and high debt posed a risk to the economy. The crisis is really in wage growth, Philip Lowe, the RBA governor, cautioned last year as he implored workers to demand higher wages to stimulate the economy.

A few comments:

1. Australia has now gone 27 years without a recession, despite wild swings in the markets for its key commodity exports (iron, coal, food, etc.)  So much for the theory that good monetary policy cannot smooth out the business cycle.  So much for the theory that housing bubbles cause economic instability.  So much for the theory that decade after decade of massive current account deficits are a problem. The naysayers have been telling me you just wait since I began blogging in early 2009.  Im still waiting, and the Australian expansion keeps rolling along.

2.  The RBA is confused.  It is concerned about slow nominal wage growth, but it is the RBA itself that determines Aussie nominal wage growth.  If it wants wages to grow faster, then it should raise the Australian NGDP growth rate.

The consequences of low wage growth are not restricted to workers. Mr Lowe, RBA governor, has warned of a cascade effect whereby it contributes to weak inflation, which keeps interest rates at record low levels a trend that pushes up asset valuations and social inequality.

Weak wage growth also damps spending by households and restricts income tax collection by the government, which is betting on a rapid recovery of wages growth to 3.25 per cent by 2019-20 to meet its pledge to return the budget to surplus.

Nope, low wage growth, low inflation, low interest rates and slow spending are all caused by slow NGDP growth, aka tight money.

It also poses a risk to industrial peace. Last month, Australia stopped printing money for the first time in 107 years due to a strike at Note Printing Australia, a wholly owned subsidiary of the RBA. Workers are demanding a pay rise of at least 3.5 per cent and have rejected an offer of 2 per cent.

The RBA is lecturing businesses on the need to lift wages but is refusing to offer its own workers a decent raise, said Tony Piccolo, regional secretary of the Australia...

05:45

Cults are the norm TheMoneyIllusion

Trump is not a particularly interesting person.  The Trump cult, however, is very interesting.  Ive been following American politics pretty closely since 1968, and Ive never seen anything remotely like this.  (Although obviously this sort of political cult is common in other countries.)

What differentiates a cult from a normal religion?  Its not really about the theology.  Cult beliefs may seem bizarre, but even ordinary religions hold beliefs that seem strange to an outsider.  Rather its about the behavior of the cult members, the blind adherence to the cult leader, the willingness to do or say or believe anything they are told.  Nothing less than 100% devotion is acceptable.

A congresswoman from Alabama named Martha Roby has been a strong supporter of Trumps policies since he was elected in 2016.  And yet she faces a stiff primary challenge from a Trumpista candidate (and will face a runoff election).  Her sin was strongly criticizing Trumps grab them by the pussy remark during the 2016 campaign.  In the Trump cult, there is simply no place for a conservative pro-life Christian woman who doesnt believe that rich and powerful alpha males should be allowed sexually harass women.

In South Carolina, Mark Sanfords sins were far worse.  He actually stood up for traditional GOP small government ideas, and was soundly rejected in a recent primary.  He seems confused by whats happening:

Were at an interesting inflection point in American politics, he said in an interview. If somehow dissent from your own party becomes viewed as a bad thing, then were not really vetting and challenging ideas in the way the founding fathers intended.

Broadening his argument, Mr. Sanford said America was meant to be a nation of laws, not men and that we werent a cult of personality.

Yes, we werent.  And this:

The stalled efforts to rein in a protectionist president have led to cries of frustration from Republican free traders bemused by what they see as a growing fealty in the party to Mr Trump at the cost of longstanding party ideals.  We are in a strange place...Its becoming a cultish thing, isnt it? Bob Corker, the Tennessee Republican behind the effort to impose congressional oversight on Mr Trumps national security tariffs, told reporters after his measure failed.

Theres that word again.  Paul Ryan and a bunch of his colleagues (including Corker) saw the writing on...

05:45

Intense Video Shows Cop Shoot Fleeing Man in the Back, Then Get Swarmed by Angry Citizens The Daily Coin

Intense Video Shows Cop Shoot Fleeing Man in the Back, Then Get Swarmed by Angry Citizens By Matt Agorist The Free Thought Project TDC Note The person running had a modified 9mm with 25 round extended clip. If...

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05:29

(How and Why) Authoritarianism is Like an Abusive Relationship Stories by umair haque on Medium

The Baffling, Toxic, Abusive Codependent Relationship We Dont Understand Yet

Over the past year or so, a fact has become increasingly clear. Authoritarian leaders share the classic characteristics of abusers. Authoritarians are abusers. Only they arent abusing a spouse, partner, or familybut a whole society. And that means that society is just like a person trapped in an abusive relationship

I want to begin by illustrating that authoritarians are abuser, and then well discuss the dynamics of this strange, perverse, and unexplored relationshipbecause while we have many books on abusive personal relationships, the idea of abusive social relationships is more or less completely unexplored. So here are a few clear overlaps, by way of abusive tactics authoritarians regularly employ (and Ill paraphrase, for conveniences sake).

Gaslightingthe Democrats built the camps, not us!!

Isolating victims from friends and alliesI alone can save you! The Canadians betrayed us!

ProjectionThe press is the enemy of the people! theyre losers! Just absolute losers! (Translation: being a loser is one of my deepest fears, Im afraid I might be an enemy.)

The victim cardIve never been so hurt! Theyre out to get me!

Withholding and blackmailingIll tear the down the camps if you let me build the wall.

Verbal assaultsLittle Marco, Lyin Hillary, etcetera

Public humiliation, making an example, loyalty testssuddenly firing the most loyal stooges

Shifting sandsWell retaliate against the EU, five minutes later, Lets have a free trade zone!

Do you see how obvious and clear the resonance is? Now lets discuss this strange, pathological thing happening before our eyesthe authoritarian as the abuser of a whole society, who, somehow, has come to have a toxic, codependent relationship with him.

How does an abuser become one? There are many pathways, and here Ill discuss the one I think is the major one. Many, if not most, abusers are narcissists. Sometimes malignant, sometimes seductive and Machiavellian, sometimes grandioseoften, all three.

To really understand a narcissist, you must understand their childhood. Their parents do not soothe or hold or tell them they are loved enough. In other words, they often have stern, cold, distant authoritarian parents (who often themselves feel envious of their own childrens freedom and curiousity and capacity for joy). Ah, see the resonance again? So in such a childs mind, where there should be an introject, an internalization of the belief or knowledge that he is loved, so he can soothe and reassure himself, there is a void, an absence, because there is no good parental voice to internalize. In this way, the nar...

05:15

Roger Stone on Paul Manaforts imprisonment (Video) The Daily Coin

Roger Stone on Paul Manaforts imprisonment Video Fox News Former Trump adviser sounds off on the pressure authorities are using to turn Trumps former campaign manager and whether more close associates are in danger. Video Source

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04:45

How YOU Can Undermine The Evil Cabal The Daily Coin

How YOU Can Undermine The Evil Cabal by Dylan Charles  Activist Post Over the years, the description of the tyrants and psychopaths that so often occupy positions of power in our world has evolved, and today it is fashionable to refer...

The post How YOU Can Undermine The Evil Cabal appeared first on The Daily Coin.

04:19

How Patriarchy and Supremacy Cost America the Future Stories by umair haque on Medium

You Can Have Modernity or BarbarityBut Not Both

Heres a strange and funny observation.

There is the very famous psychology professor who shouts that college students protesting neo Nazis are deep, dangerous threats to free speechbut has yet to condemn internment camps for children. There is the other very famous psychology professor whose goal in life is to persuade you and I that the world is getting betterwhile America implodes into the panicked chaos of authoritarianism (I guess America isnt part of the world). Over there, the renowned columnist who argued women should be sexually enslaved, so that men dont shoot people (I guess he didnt learn two wrongs dont make a right in kindergartenbut well return to him).

Shall I go on? Indulge me for a moment.

There are legions of economists who cheerthe economys doing great!! because profits are higher, while life expectancy plummets and suicide rates skyrocket. And then, at last, there are the throngs of very famous and admired columnists and pundits who condemn Trump a little more hysterically every daybut supported him when it counted and used Hillarys emails as a weapon to shred democracy.

Friends, Im here to tell you something youd rather not hear. Patriarchy and supremacy made America dumb. Wait, not just dumb. Mean, cruel, and poor, too. All the above, if you pause and think about it, are just reflections of a culture, society, way of thinking, still steeped up to its eyeballs in patrarichy and supremacy. Only the rest of the rich world isnt. How so?

American discourse consists (more or less) of the ideas of supremacy and patriarchyjust softly encoded into shining myths of exceptionalism, where its a little better hidden. One endless reiteration of a set of tired fairy talesand if you know them, youll quickly see that every newspaper column you read, every TV show you watch, every politicians speech, is an endless retelling of them. Here they are (if you havent figured them out by now): Everyone must be self-reliant. Only the strong survive, so weakness must be punished. The purpose of life is profit, ownership, and control. Be as cruel and exploitative and ruthless, especially to those beneath them, as possible. The only right way to organize a society is as a junglea food chain, to feed the apex predators.

Wouldnt you say that accurately describes most of the beliefs underpinning American life, from healthcare to education to aspiration to work to play? Why else do we aspire to be ninjas and killers working a hundred hours a week for less money every week, accomplices to our own ruinwhile the rest of the rich world, which lives longer, better, happier lives, gently sips wine in little town squares, chatting and laughing under the starswondering what went wrong with us?...

04:15

Silver and Gold Safe Haven Asset of Last Resort (Video) The Daily Coin

Silver and Gold Safe Haven Asset of Last Resort Video Silver Fortune Many investors see assets like the USD or US treasuries as a safe haven asset, but I do not believe that will always be the case....

The post Silver and Gold Safe Haven Asset of Last Resort (Video) appeared first on The Daily Coin.

03:48

What we can and cannot afford Beyond Money

Can we afford health care for all, free education for all, housing for the homeless, food for the hungry, a decent and efficient national system of transportation, a clean and healthy environment, a fair and equitable distribution of our collective production, and a true democracy in which people decide their own fate and how their money is to be spent? Politicians of all stripes tell us we cannot. Where will the money come from? is their plaint whenever such measures are proposed.

But other countries have many of those things. There is a vast number of countries that have free or almost free universal health care, as can be seen in this list. And here is a list of 11 countries that have BOTH free universal health care AND free college. The list includes not only affluent countries like Sweden, Norway, Denmark and Finland, but relatively poor countries such as Greece, Argentina and Brazil.

Anyone who has traveled in western Europe knows that Amtrak is a bad joke compared HSRinChina to the extensive and efficient rail systems in Germany, Austria, Switzerland and elsewhere. China too has much better trains than the U.S. and has been rapidly expanding its transport infrastructure. According to Wikipedia, China already has the worlds longest high speed rail network which is also the most extensively used, with 1.713 billion trips delivered in 2017 brin...

03:45

Bitcoin Close to Cliff Edge The Daily Coin

Bitcoin Close to Cliff Edge by MIKE MCARA Sunshine Profits Bitcoin has been denying the bullish ideas of some of the investors for some time now. At the moment, the currency is in a particularly important zone. One specific...

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03:15

RERUN: Gold Is Where It Should Be Pierre Lassonde (Video) The Daily Coin

RERUN: Gold Is Where It Should Be Pierre Lassonde Video KitCo News While a much higher gold price is needed to bring bullish sentiment back into the mining space, the yellow metal is already fairly priced, said Pierre...

The post RERUN: Gold Is Where It Should Be Pierre Lassonde (Video) appeared first on The Daily Coin.

02:52

May Retail Sales-The Warning Signs Beneath David Stockman's Contra Corner

Aggregate income estimates suggest a collision where income growth has stalled in the wake of the 2015-16 downturn but spending hasnt been dampened by nearly as much. The result has been the several years now of languishing auto sales (and production) as well as the parallel decline in the Personal Savings Rate. In other words, where gasoline prices might trigger a negative reaction in further spending could be at a lower point. Consumers just dont have that much room or discretion.

http://davidstockmanscontracorner.com/?p=187190&preview_id=187190&preview_nonce=dc9a9a0edf&preview=true

 

02:49

Saturday assorted links Marginal REVOLUTION

1. Is mindfulness demotivating?

2. The likelihood of selling the company increases by 4X after migration to Silicon Valley (from 1.4% to 7.1%), and migrants also have higher patenting, commercialization, venture capital financing, and sales.  Link here.

3. Are mammals becoming more nocturnal? (to avoid humans, NYT)

4. Why the term classical liberal is making a comeback.  And here is LiberalismUnrelinquished.

5. Superb David Pilling piece on southern Ethiopia and its vanishing ways of life.

The post Saturday assorted links appeared first on Marginal REVOLUTION.

02:45

Who the Heck Bought $1.2 trillion in New US Treasuries over the past 12 Months? The Daily Coin

Who the Heck Bought $1.2 trillion in New US Treasuries over the past 12 Months? by Wolf Richter Wolf Street Russia, Japan, and the Fed dumped. So who bought? Chinas holdings of US Treasury bonds, notes, and bills, after...

The post Who the Heck Bought $1.2 trillion in New US Treasuries over the past 12 Months? appeared first on The Daily Coin.

02:15

JW Pres. Tom Fitton: IG ReportClinton Email Scandal BACK in CourtElection Integrity Victory (Video) The Daily Coin

JW Pres. Tom Fitton: IG ReportClinton Email Scandal BACK in CourtElection Integrity Victory Video Judicial Watch Video Source

The post JW Pres. Tom Fitton: IG ReportClinton Email Scandal BACK in CourtElection Integrity Victory (Video) appeared first on The Daily Coin.

02:10

Giuliani: Comey Should Go To Jail , Biased FBI Agents Fired And Imprisoned This Week The Daily Coin

Giuliani: Comey Should Go To Jail , Biased FBI Agents Fired And Imprisoned This Week from ZeroHedge Donald Trump should not sit for an interview with Special Counsel Robert Mueller, because the entire foundation of the Trump-Russia investigation is a...

The post Giuliani: Comey Should Go To Jail , Biased FBI Agents Fired And Imprisoned This Week appeared first on The Daily Coin.

01:46

The Great Fallacy-You Cant Inflate Your Way Out Of Bubbles David Stockman's Contra Corner

A big week in the world of monetary management: The Federal Reserve raised rates 25 bps, the ECB announced plans to wind down its historic QE program, and the Bank of Japan clung to its powerful monetary easing inflationist scheme. A tense Peoples Bank of China left rate policy unchanged, too weary to follow the Feds path.

 

http://creditbubblebulletin.blogspot.com/2018/06/weekly-commentary-great-fallacy.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+blogspot%2FvOLVyH+%28++Credit+Bubble+Bulletin%29

 

01:45

The Federal Reserve: Public Enemy Number One The Daily Coin

The Federal Reserve: Public Enemy Number One from GoldSeek The following article was written by Peter Schmidt. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.  When currency was backed by gold, a...

The post The Federal Reserve: Public Enemy Number One appeared first on The Daily Coin.

01:33

Daily Digest 6/16 - IQ Scores Are Falling, Antarctic Ice Melt Has Tripled in Five Years Peak Prosperity

Daily Digest 6/16 - IQ Scores Are Falling, Antarctic Ice Melt Has Tripled in Five Years
  • A new AI can focus on one voice in a crowd
  • Missouri chaos continues: Mizzou lays off 30 in wake of $49 million shortfall
  • Currencies Truth and Confidence
  • US farmers 'nervous,' as China threat of 25 percent tariffs on soybeans could cause pain
  • "Deep Freeze!" --Early Earth Froze Over in a Geological 'Blink of an Eye'
  • Miami and Fort Lauderdale have highest rate of new HIV diagnoses in country
  • IQ scores are falling and have been for decades, new study finds
  • Berkeley Scholar Admits "Climate Change Has Run Its Course"
  • Michigan now has nation's toughest rules for lead in drinking water
  • As many as 42 percent of Baltimore police officers on patrol last month were working overtime
  • The Next Plague Is Coming. Is America Ready?
  • Idaho Child Diagnosed With the Plague, Officials Confirm
  • We aren't ready for a solar storm smackdown
  • We Didnt Have This Green Thing
  • Iran Warns North Korea About The United States
  • The Gravity From Small Objects, Not Planet Nine, Explains Weird Orbits
  • Antarctic Ice Melt Has Tripled in Five Years

Join the conversation

01:15

00:45

Doug Casey says governments dont care about gold and GATA wears tinfoil hats The Daily Coin

Doug Casey says governments dont care about gold and GATA wears tinfoil hats by Chris Powell GATA Dear Friend of GATA and Gold: Interviewed this week by Craig Hemke of the TF Metals Report for Sprott Money News, financial...

The post Doug Casey says governments dont care about gold and GATA wears tinfoil hats appeared first on The Daily Coin.

00:26

China fires back at Trump tariffs The BRICS Post

File photo of US President Donald Trump with Chinese President Xi Jinping. It is unclear how the tariffs will affect their warm relationship

China on Saturday continued its second day of harsh criticism of the Trump administration for imposing tariffs set to go into effect on July 6.

A Chinese state newspaper said the US President had an obsession with playing the disgraceful role of global economic disruptor.

The wise man builds bridges, the fool builds walls, it said.

The Chinese government said it was disappointed in US President Donald Trumps decision to slap a 25 per cent tariff on some $50 billion Chinese goods, but said it was going to continue multilateral, anti-protectionist trade policies.

The Chinese appear to have been taken back by Trumps decision on Friday, especially since the two sides have been in extensive sides to avert a trade war of tit-for-tat tariffs and penalties.

Saying that the Americans are flip-flopping in the issue, the Ministry of Commerce in Beijing said: This move not only hurts bilateral interests, but also undermines world trade order. The Chinese side firmly opposes that.

China has for months said it did not want a trade war but would retaliate against the US.

Other countries have made similar pledges.

The US tariffs affect some 1,000 Chinese products and are split in two stages applied on $34 billion in products to go into effect on July 6, followed by tariffs on $16 billion to be applied later.

Trump accused China of unfair trade practices which have helped push a trade deficit to nearly $400 billion.

He also accused China of many years of siphoning US technologies as well as intellectual property theft.

China retaliated, saying it will impose an additional 25% tariff on more than 600 US products worth $50 billion but also in two stages beginning July 6.

Meanwhile, International Monetary Fund chief Christine Lagarde also took a shot at Trumps protectionist policies saying his tariffs approach risked dragging down the world economy as well as Americas.

As I have said before, in a so-called trade war, driven by reciprocal increases of import tariffs, nobody wins, she said. Let us not understate the macroeconomic impact.

The BRICS Post with inputs from Agencies

00:15

The Movement Has Started, The Clock Is Ticking Down, Tick Tock (Video) The Daily Coin

The Movement Has Started, The Clock Is Ticking Down, Tick Tock Video QX22 Report George Soros buys stock in the NY Times and other publications, looks like he wants to control the propaganda. US resumes funding the White Helmets,...

The post The Movement Has Started, The Clock Is Ticking Down, Tick Tock (Video) appeared first on The Daily Coin.

00:07

The Corrosion of the American Soul Stories by umair haque on Medium

Its a Crime for Kids in Camps to Hug Each Other. What Does That Say About Us?

I read something tonight that made me shiver.

The kids Americas putting in campssome of whom are babiesalready separated from their parentsarent allowed hugs. Not even from their siblings, whom they can only see once a week. They arent allowed to be soothed, hugged, or touched by anyone, in fact.

Can you imagine what its like to be a little child, desperate for your mother and father, who have disappeare, then your siblings are taken awayand nobody can hug you? Go ahead and try.

Every nation has something like a soul, because a nation is made of people. The American soul has always been a strange thing. Made of intense light, but also of the purest darkness, too.

And yet, I suppose, over the last few decades, we might have supposed that we had learned something, from the tragic and foolish history of being American. From all the mistakes that we have made as a people, from the trauma and hurt of them passing down through the generations, like an inheritance of thunder. Something about our souls.

Thats what we all thought, isnt it? Were better than this, it cant happen here, etcetera. Were not those people anymore. But we arewhat kind of people ban kids from hugging each other in camps? And therefore: we havent learned anything at all, yet. Maybe we never will. Can we? How? What does all that make us, the strange and ignorant and broken people who cannot seem to learn a thing, except how to shoot a bigger gun?

I want to tell you about the idea of a crime against humanity. Indulge me for a moment. I know you think, on some level, youre above it. Yet I dont say it to blame or shame you, but only so we understand ourselves. It isnt what you think. It is one of humanitys greatest accomplishmentsand a great reason we are a foolish and broken nation is that we are not taught these things in our schools. The idea was not just that acts like putting people in concentration camps took away their humanitybut that doing so proved the lack of humanity of the society imprisoning them, too. Thus, the soul of humanity was corroded by such crimes.

And that soul, that core, is our most fundamental common possession, resource, birthright, or endowment. And in that way, such crimes were the greatest of all, toobecause without our common humanity, we have no way left to judge right and wrong, true and false, and everything soon turns upside down. Good becomes bad, and bad becomes good. Thats what a soul is for, after all, isnt it?

Now. Let me come back to us. What this act of moral depravity, of barbarism tells meand what it should tell youis that we have been successful at dehumanizing not just them, but als...

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23:50

A Hard Rains a-Gonna Fall The Daily Coin

A Hard Rains a-Gonna Fall by Adam Taggart Peak Prosperity The prospects for the rest of the year are awful Aprs moi, le dluge ~ King Louis XV of France A hard rains a-gonna fall ~ Bob Dylan (the first) As...

The post A Hard Rains a-Gonna Fall appeared first on The Daily Coin.

23:30

James Turk Audio Interview Discussing Central Banks $34 Billion Smashing Gold & Silver The Daily Coin

James Turk Audio Interview Discussing Central Banks $34 Billion Smashing Gold & Silver King World News Today James Turk spoke with King World News about the orchestrated takedown in the gold and silver markets and what to expect next. ...

The post James Turk Audio Interview Discussing Central Banks $34 Billion Smashing Gold & Silver appeared first on The Daily Coin.

23:26

May Industrial ProductionNot Much But Oil David Stockman's Contra Corner

In other words, if globally synchronized growth was a real thing, and its effects on the US economy were likewise more than rhetorical, then why hasnt US income accelerated? Why havent Americans shaken off the effects of 2015-16 and started buying more cars again (especially cars, though sales of light trucks are no longer growing, either)? To be stuck in this position with, outside of weather events, a downside bias in sales and production for such a long stretch (closing in on three years) illustrates the opposite concepts from a boom.

 

http://davidstockmanscontracorner.com/wp-admin/post.php?post=187207&action=edit

23:15

MIB: Senator George Mitchell The Big Picture

This week, we sit down with former Senate majority leader George Mitchell, Known among his colleagues in the Senate as an honest leader and skillful legislative strategist, Mitchell was instrumental in negotiating a peace agreement in Northern Ireland and was awarded the Presidential Medal of Freedom. Our conversation covered everything from Brexit to money in

Read More

The post MIB: Senator George Mitchell appeared first on The Big Picture.

23:13

In The News Today Jim Sinclair's Mineset

Judge Orders Paul Manafort Detained Amid Witness Tampering AllegationsJune 15, 2018 Updated at 12:31 p.m. ET A federal judge ordered Donald Trumps former campaign chairman, Paul Manafort, to jail on Friday following allegations by prosecutors that he tampered with witnesses in his case. Youve abused the trust placed in you six months ago, said Judge... Read more

The post In The News Today appeared first on Jim Sinclair's Mineset.

23:12

$21.1 Trillion And CountingWhere Uncle Sams Debt Is David Stockman's Contra Corner

By the end of April to stay within the time frame of the TIC data the US gross national debt had reached $21.07 trillion. This was up by $1.22 trillion from a year earlier! So who bought this $1.22 trillion of new US Treasuries? Someone must have!

 

https://wolfstreet.com/2018/06/15/who-the-heck-bought-the-1-2-trillion-in-new-us-treasuries-over-the-past-12-months/

23:10

To the G7: Russia Did Not Invade Crimea, or any Part of Ukraine! The Daily Coin

To the G7: Russia Did Not Invade Crimea, or any Part of Ukraine! Author: Deena Stryker  Journal-NEO Since I left France for a return to the US almost twenty years ago, Ive noticed that both the French and the Italian so-called...

The post To the G7: Russia Did Not Invade Crimea, or any Part of Ukraine! appeared first on The Daily Coin.

23:09

Jims Mailbox Jim Sinclair's Mineset

Jim/Bill, Goldmans 15% prediction is nothing to be sneezed at. But if the president follows through on all the duties hes threatened, including the tariffs against China, U.S. inflation could accelerate by 15 basis points, according to Goldman Sachs. If so, call in the cavalry (Volker). CIGA Wolfgang Rech Trade Wars Battle Lines Drawn as... Read more

The post Jims Mailbox appeared first on Jim Sinclair's Mineset.

23:01

Echoes Of 2008: Stock Price of 16 Big Global Banks Plunging David Stockman's Contra Corner

The stock prices of 16 of the most Systemically Important Financial Institutions (SIFIs) in the world are now in bear market territory (down by 20% or more from their recent highs in dollar terms); and as the FT reports, this has caused Ian Hartnett, chief investment strategist at London-based Absolute Strategy Research, to issue  his first Black Swan alert since 2009.

https://www.zerohedge.com/news/2018-06-14/some-most-systemically-important-banks-world-are-tumbling

22:50

Craig Hemke & Eric Sprott: Silver is leading the way (Podcast) The Daily Coin

Craig Hemke & Eric Sprott: Silver is leading the way Podcast Sprott Money Silver is leading the way.. Its surprising how its gone up when gold hasnt really participated so probably silver is the interesting thing to watch .Eric...

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22:35

Dovish ECB Roils Markets (Video) The Daily Coin

Dovish ECB Roils Markets Video Peter Schiff Video Source

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22:15

U.S. Disaster Zones: Are You Living In A Place Where Disasters Are Common? The Daily Coin

U.S. Disaster Zones: Are You Living In A Place Where Disasters Are Common? by Sara Tipton Ready Nutrition With constant media bombardment of fears of a nuclear war, many have begun to prepare for a disaster.  But government uncertainty...

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22:00

10 Weekend Reads The Big Picture

The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat on the beach, and get ready for our longer form weekend reads:  Laurene Powell Jobs is investing in media, education, sports and more. What does she want? (Washington Post)  You Make $1 Billion. You Flee to Florida. Then the Tax Man Knocks. (Institutional Investor)

Read More

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21:50

Governments Are LYING about Their Gold Activities while Mining Companies Cower (Podcast) The Daily Coin

Governments Are LYING about Their Gold Activities while Mining Companies Cower Podcast by Mike Gleason Money Metals Coming up well hear a fascinating interview with Chris Powell of the Gold Anti-Trust Action Committee. Chris gives perhaps the most thorough...

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21:30

COINTELPRO VS. THE HARDCORE TRUTH (Video) The Daily Coin

COINTELPRO VS. THE HARDCORE TRUTH Video SGTReport Activist, author and former CIA agent Robert David Steele joins me to discuss the unmentionable word, Trump and geopolitics and right out of the gate I ask Robert if hes a...

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21:10

Fascinating Email From A KWN Reader After $34 Billion Paper Smackdown In The Gold Market The Daily Coin

Fascinating Email From A KWN Reader After $34 Billion Paper Smackdown In The Gold Market from King World News Below is an email from one of KWNs global readers and what he had to say was fascinating, especially after zerohedge...

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20:45

Gold Bullish on Fed Hike 3 The Daily Coin

Gold Bullish on Fed Hike 3 by Adam Hamilton Zeal, LLC Gold weathered the Federal Reserves 7th rate hike of this cycle this week.  Gold-futures speculators and to a lesser extent gold investors have long feared Fed rate hikes,...

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20:15

Socialist Insecurity: A Cruel Joke You Probably Wont Get (Video) The Daily Coin

Socialist Insecurity: A Cruel Joke You Probably Wont Get Video Video Source

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19:45

Traveling to Your Safe Haven During a WROL Event The Daily Coin

Traveling to Your Safe Haven During a WROL Event By E.P. Survival Blog Click HERE for Part 1 Yesterday, we began this article series on traveling to your safe haven during a without rule of law event. We touched...

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19:15

DEATH BY WELFARE (Video) The Daily Coin

DEATH BY WELFARE Video Stefan Molynueux When you have something valuable enough, people will do almost anything to acquire it. Stefan Molyneux talks about the true genesis of the welfare state, the trade made between women and men and the...

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19:08

Debt Rattle June 16 2018 The Automatic Earth

Paul Gauguin Nevermore 1897   Trump Sets Tariffs On $50 Billion In Chinese Goods; Beijing Strikes Back (R.) Why The U.S.-China Trade Deficit Is So Huge (MW) Wall Street Builds Immunity To Trade War Rhetoric (R.) Nomi Prins: The Central Banking Heist Has Put The World At Risk (UH) Some

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18:45

Silver and Gold Just Figured Out Inflation Has Hit The Daily Coin

Silver and Gold Just Figured Out Inflation Has Hit by Graham Summers Gains Pains Capital The Fed  revealed how badly behind the curve it is on inflation yesterday. Sure, everyone believes the Fed was hawkish because it wants to...

The post Silver and Gold Just Figured Out Inflation Has Hit appeared first on The Daily Coin.

18:15

Lior Gantz: Gold Will Rally To At Least $1700/oz in the Next Few Years? (Video) The Daily Coin

Lior Gantz: Gold Will Rally To At Least $1700/oz in the Next Few Years? Video Wall St for Main St Jason Burack of Wall St for Main St welcomed back returning guest, entrepreneur and Editor at Wealth Research Group...

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17:47

How Purdue Pharma Hooked America on a Deadly Drug naked capitalism

Purdue Pharma's slogan for OxyContin was: The One to Start With and the One to Stay With. As reader Brian C added, "Stay with alright....'Till death do us part.'"

17:45

Does Powell Have Bigger Balls Than Draghi? The Daily Coin

Does Powell Have Bigger Balls Than Draghi? by ARKADIUSZ SIERO, PHD Sunshine Profits TDC Note While these weasels sit around measuring, I will continue to beat against them and stack the shiny. #### Powell delivered and hiked again....

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17:15

Military Grade Portable Power System: Powerfilm + Inergy Kodiak (Video) The Daily Coin

Military Grade Portable Power System: Powerfilm + Inergy Kodiak Video Canadian Prepper Video Source

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16:11

Has the wage-education locus for women been worsening? Marginal REVOLUTION

That question is the focus of some recent research by Chen Huang.

Womens labor force participation rate has moved from 61% in 2000, to 57% today.  It seems two-thirds of this change has been due to demographics, namely the aging of the adult female population.  What about the rest?  It seems that, relative to education levels, wages for women have not been rising since 2000:

I discover that the apparent increase in womens real wages is more than accounted for by the large increase in womens educational attainment. Once I condition on education, U.S. womens real wages have not increased since 2000 and may even have decreased by a few percentage points. Thus, the locus of wage/education opportunities faced by U.S. women has not improved since 2000 and may have worsened. Viewed in that light, the LFPR decrease for women under age 55 becomes less surprising.

You can consider that another indicator of the Great Stagnation.

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14:15

Gaius Publius: Is Anti-War Fever Building in the U.S.? naked capitalism

Will the American public make politicians address the cost, immorality, and futility of our war machine?

14:03

Asian-American admissions at Harvard Marginal REVOLUTION

Here is basic NYT coverage of the case:

University officials did concede that its 2013 internal review found that if Harvard considered only academic achievement, the Asian-American share of the class would rise to 43 percent from the actual 19 percent.

Here is the plaintiffs brief by Peter S. Arcidiacono.  Here is David Cards brief in defense of Harvard and Asian-American admissions.  Here is Arcidiaconos response to Card.

Gabriel Rossman noted on Twitter: Once you control for lacrosse, founding an NGO in high school, legacy status, alumni evaluation of personality, woke personal essays, and a 23&me test for EDAR, theres no effect

My take is simple.  Harvard is risk-averse with respect to the stream of future donations, as are many other schools.  Asian-American admissions dont have the same donating track record as the white students traditionally cultivated by Harvard and other top universities.  Either Asian-Americans may seek out diaspora philanthropy, or they simply may have a more cynical attitude toward top institutions that they basically have never had any control over.

Furthermore, there is a common fear repugnant to me I should add that if a student body becomes too Asian, many white students will be less interested in going there.  I taught at UC Irvine for several years and found it to be a delightful experience, but this is exactly what many schools are afraid of (the UCI student body is disproportionately Asian, and the honors class I taught in my first year had only one non-Asian student in it).

And so they come up with every excuse possible sometimes cemented in by self-deception for maintaining a balanced student body.

It is incorrect to call it racism, but it is non-meritocratic and we should move away from those attitudes as quickly as possible.

In related news, the University of Chicago is...

13:50

Did FBI Corruption Extend To Treasonous Actions? FBI Attorney After Presidential Election: Viva le Resistance The Daily Coin

Did FBI Corruption Extend To Treasonous Actions? FBI Attorney After Presidential Election: Viva le Resistance By Susan Duclos All News PipeLine While we published the long-awaited DOJ Inspector General report for readers to go through while highlighting how liberal media...

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13:37

The Party Is Over, It Has All Ready Begun (Video) The Daily Coin

The Party Is Over, It Has All Ready Begun Video X22 Report Canada subprime is much worse than everyone thinks, this is not going to end well. US auto production has collapsed. The push to take down the economy...

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13:25

These European Countries Are Refusing to Accept the Unchecked Influx of Migrants The Daily Coin

These European Countries Are Refusing to Accept the Unchecked Influx of Migrants by Daisy Luther The Organic Prepper Much has been written about the unchecked influx of migrants into Europe recently. As the EU promotes the warm, fuzzy, inclusive...

The post These European Countries Are Refusing to Accept the Unchecked Influx of Migrants appeared first on The Daily Coin.

13:00

Josh Phair: Silver Gold Prices PLUNGE to Close the Week (Video) The Daily Coin

Josh Phair: Silver Gold Prices PLUNGE to Close the Week Video Silver Doctors Gold and silver saw healthy price rises from the start of the week. Especially during the Federal Reserve chairman, Jerome Powells press conference yesterday. Concerns over...

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12:55

Raj Chetty is returning to Harvard Marginal REVOLUTION

That is the word on Twitter.  Does he want grandchildren more than he used to?  You may remember my Conversation with him, a short while after he moved to Stanford:

CHETTY: So if youre in your mid-30s, only something like a quarter or less of girls growing up in the Bay Area are married, and we show in our paper that every extra year you spend growing up in the Bay Area, youre less likely to get married. I remember telling my wife, I dont think we need to worry. Our daughter will be fine in terms of earnings. Its just that she might not be married if we move to California.
COWEN: So, youve lowered your expectations for grandchildren?
CHETTY: Yes. [laughs]

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12:35

Fed Raises FFR to 2% The Daily Coin

Fed Raises FFR to 2% by Alasdair Macleod GoldMoney On Wednesday, the Federal Open Markets Committee raised the Fed Funds Rate to a target of between 1.755 and 2% and raised its expectation of an average rate for 2019...

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12:10

Radioactive water being stored at the Fukushima power plant approaches the limit; Japanese officials still have no plan to dispose of it The Daily Coin

Radioactive water being stored at the Fukushima power plant approaches the limit; Japanese officials still have no plan to dispose of it by: Ethan Huff  Natural News Theres almost no more room for anymore storage tanks at the Tokyo Electric Power...

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11:45

Tommy Robinsons Last Message (Video) The Daily Coin

Tommy Robinsons Last Message Video InfoWars Rob Dew breaks down what has currently been happening with Tommy Robinson and his incarceration. Video Source

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11:20

Speechless in Seattle The Daily Coin

Speechless in Seattle BY JARED DILLIAN Mauldin Economics Seattle is being mismanaged. Readers from Seattle probably know what I am talking about. Conservatives (I suppose you could include me in that category) would say that Seattles city government will...

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11:18

Jason A: The Truth is Stranger than Fiction! (Video) The Daily Coin

Jason A: The Truth is Stranger than Fiction! Video Video Source

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10:55

Areas Of The World More Vulnerable To Collapse The Daily Coin

Areas Of The World More Vulnerable To Collapse by Steve St Angelo SRSRocco Report Certain areas of the world are more vulnerable to economic and societal collapse.  While most analysts gauge the strength or weakness of an economy based on...

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10:30

I Ran A Yanny/Laurel Experiment And You Wont Believe The Results! (Video) The Daily Coin

I Ran A Yanny/Laurel Experiment And You Wont Believe The Results! Video Corbett Report So I found a bunch of Yanny/Laurel-type audio illusions on the online dictionary. Who knew? Can you find any others? Leave your suggestions in the...

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10:05

Washed, Bleached and Rinsed The Daily Coin

Washed, Bleached and Rinsed by James Howard Kunstler The FBI brass must have needed hazmat suits to scrub DOJ Inspector General Michael Horowitzs report on agency misconduct around the 2016 elections. The result of their mighty exertions is something like...

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10:00

George Carlins Modern Man The Big Picture

    Im a modern man, A man for the millennium, Digital and smoke free. A diversified multicultural postmodern deconstructionist, Politically anatomically and ecologically incorrect. Ive been uplinked and downloaded. Ive been inputted and outsourced. I know the upside of downsizing. I know the downside of upgrading. Im a high tech lowlife. A cutting edge

Read More

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09:40

Donald Trumps Madness The Daily Coin

Donald Trumps Madness by Hugo Salinas Price Plata Way back in 1995, when Mexico was in the throes of another financial crisis, I figured out the problem of the existing worlds monetary system, based on the paper dollar as...

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09:15

Ask the Expert Doug Casey (Video) The Daily Coin

Ask the Expert Doug Casey Video Sprott Money Doug Casey, founder of Casey Research, joins us to answer Sprott Money customer questions on the global economy, the dollar, gold and the gold miners Video Source

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08:55

A Hard Rain's a-Gonna Fall Peak Prosperity

A Hard Rain's a-Gonna Fall

As the Federal Reserve kicked off its second round of quantitative easing in aftermath of the Great Financial Crisis, hedge fund manager David Tepper predicted that nearly all assets would rise tremendously in response. 

History proved Tepper right: financial and other risk assets have shot the moon. Equities have long since rocketed past their pre-crisis highs, bonds continued rising as interest rates stayed at historic lows, and many real estate markets are now back in bubble territory. 

And everyone learned to love the 'Fed put' and stop worrying.

But as King Louis XV and Bob Dylan both warned us, what's coming next will change everything.

Join the conversation

08:50

On the verge of a major turning point The Daily Coin

On the verge of a major turning point by Simon Black Sovereign Man This morning I had the pleasure of being buried in a mountain of paperwork the penalty for trying to do basically anything in the financial system...

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08:25

Why the Worlds Most Expensive City Is Running to Bitcoin The Daily Coin

Why the Worlds Most Expensive City Is Running to Bitcoin by Justin Spittler Casey Research Youll never guess the worlds most expensive city. Its not Zurich. Its not Tokyo. Its not Seoul, either. No. Its Caracas, Venezuela. Strange, huh?...

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08:00

Fed Raised Rates! How Long Until the Stock Market CRASHES? (Video) The Daily Coin

Fed Raised Rates! How Long Until the Stock Market CRASHES? Video The Money GPS Video Source

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07:35

Sizzling Retail Sales Numbers Inflated by Eroding Dollar The Daily Coin

Sizzling Retail Sales Numbers Inflated by Eroding Dollar from Schiff Gold If you saw the headlines about the latest retail sales figures, you probably noticed adjectives like hot, booming and sizzling. Total retail sales including food services were up 5.9%...

The post Sizzling Retail Sales Numbers Inflated by Eroding Dollar appeared first on The Daily Coin.

07:10

Trump and Kim Defied the Odds for Successful Summit The Daily Coin

Trump and Kim Defied the Odds for Successful Summit from Strategic-Culture Who would have guessed it? US President Donald Trump and North Korean leader Kim Jong-un achieved a stunning success this week when they met face-to-face in Singapore. It was...

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06:45

Professor Laurence Kotlikoff & Chris Waltzek Ph.D. (Podcast) The Daily Coin

Professor Laurence Kotlikoff & Chris Waltzek Ph.D. Podcast Radio GoldSeek Highlights Professor Laurence Kotlikoff, author of the FREE book: Youre Hired! says gold and silver investors could emerge victorious. What could drive PMs prices higher? Our trading partners are...

The post Professor Laurence Kotlikoff & Chris Waltzek Ph.D. (Podcast) appeared first on The Daily Coin.

06:34

CATHERINE AUSTIN FITTS: GLOBAL CONTROL GRID & THE BLACK BUDGET! (Video) The Daily Coin

CATHERINE AUSTIN FITTS: GLOBAL CONTROL GRID & THE BLACK BUDGET! Video Dark Journalist Click HERE for Part 1 Exclusive Part 2 with Former Assistant Housing Secretary Catherine Austin Fitts on Control 101: Stunning Black Budget Corruption! Who or What...

The post CATHERINE AUSTIN FITTS: GLOBAL CONTROL GRID & THE BLACK BUDGET! (Video) appeared first on The Daily Coin.

06:20

Theres Never Been a Better Time to Buy Junk Silver The Daily Coin

Theres Never Been a Better Time to Buy Junk Silver by Mike Gleason Money Metals Pre-1965 90% U.S. silver coinage, aka junk silver, is one of the most interesting retail bullion products to follow in our industry. The premium...

The post Theres Never Been a Better Time to Buy Junk Silver appeared first on The Daily Coin.

06:00

Succinct Summations of Weeks Events 6.15.18 The Big Picture

Succinct Summations for the week ending June 15th, 2018 Positives: 1. Jobless claims came in at 218k, down from previous 222k. 2. Consumer price index rose .2% m/o/m, meeting expectations. 3. Small business optimism index rose 3 points in May from 104.8 to 107.8. 4. PPI-FD rose .5% m/o/m, beating the expected .3% increase. 5.

Read More

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05:55

Good Bye to All That: Donald Trump and the End of the U.S. Global Empire The Daily Coin

Good Bye to All That: Donald Trump and the End of the U.S. Global Empire By Roy Morrison  Global Research Whats startling is how quickly Donald Trump, aided and abetted by a mixture of billionaires, sycophants, and far right ideologues is...

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05:30

Syrian War Report: Russia, Turkey Reportedly Reach Agreement On Tell Rifaat (Video) The Daily Coin

Syrian War Report: Russia, Turkey Reportedly Reach Agreement On Tell Rifaat Video South Front Video Source

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05:05

Why Gold Isnt Working As Stock Hedge The Daily Coin

Why Gold Isnt Working As Stock Hedge By Alex Kimani  Safe Haven If you have been using gold to hedge your stocks portfolio, then you have a problem. The yellow metal is frequently lauded for its ability offset stock market downturnsand...

The post Why Gold Isnt Working As Stock Hedge appeared first on The Daily Coin.

04:40

Being Around A Chronic Complainer Is Bad For Your Health The Daily Coin

Being Around A Chronic Complainer Is Bad For Your Health by Ken Jorgustin Modern Survival Blog The world has doesnt care about you, me, or anyone else. Its up to each and everyone of us to dictate our own...

The post Being Around A Chronic Complainer Is Bad For Your Health appeared first on The Daily Coin.

04:15

04:10

The QT Pivot And The Long Drawdown Ahead David Stockman's Contra Corner

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04:00

2:00PM Water Cooler 6/15/2018 naked capitalism

Today's Water Cooler: Trade war with China?, mid-terms and women's turnout, ranked choice voting, the border, industrial production, manufacturing, CMS ratings, risk corridors, the Incas, genderless pronouns

03:50

Texas School District Approves Concealed Carry For Select Teachers and Staff The Daily Coin

Texas School District Approves Concealed Carry For Select Teachers and Staff by Tim Brown Freedom Outpost Id almost be willing to bet real money that once this goes into effect and it becomes known that these schools are no longer...

The post Texas School District Approves Concealed Carry For Select Teachers and Staff appeared first on The Daily Coin.

03:25

Retail Sales: Inflation Plus Extrapolation The Daily Coin

Retail Sales: Inflation Plus Extrapolation by Dave Kranzler Investment Research Dynamics The footnotes are the most interesting section of every financial and economic reports.  They also happens to be least studied section of these reports.  Those who prepare these...

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03:00

Not Fathers Day Too (Video) The Daily Coin

Not Fathers Day Too Video Mark Dice Video Source

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03:00

Gold Falls Amid 'Trade War' Tumult, Silver Back Under $17 Financial Sense

By Adrian Ash Gold and silver fell Friday lunchtime in London, dropping back to $1289 and $16.95 per ounce respectively as the White House confirmed new tariffs on an extra $50 billion of China's annual exports to...

Hey Millennials: Heres the Truth About Socialism, Kim Jong-un, and Nicols Maduro Financial Sense

By Independent Institute A recent story in the New York Times discussed the increasing willingness of political candidates in the United States to run as socialists. Times reporter Farah Stockman wrote that the Democratic...

02:35

F. William Engdahl: Europe Faces Crossroads as Atlantic System Crumbles The Daily Coin

F. William Engdahl: Europe Faces Crossroads as Atlantic System Crumbles  Journal-NEO The world events of the past days are significant far beyond the apparent divide within the G7 industrial nations. If we imagine the planet as a giant electric force...

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02:29

Jims Mailbox Jim Sinclair's Mineset

Jim/Bill, This article has been haunting me the past few hours. At a meeting Thursday, the Fed governors adopted a new rule that caps a big banks credit exposure to another bank. They (the FED) didnt just pull this out of their hat.   Something on the banks balance sheets, as well as their lust for... Read more

The post Jims Mailbox appeared first on Jim Sinclair's Mineset.

02:10

Is This A Harbinger Of The Future? The Daily Coin

Is This A Harbinger Of The Future? from King World News With the dollar surging and gold trading higher as well, one of the greats in the business thinks this may be a harbinger of the future. Wesdome (WDO, WDOFF)....

The post Is This A Harbinger Of The Future? appeared first on The Daily Coin.

02:00

Peak Optimism, Not Peak Stocks or Economy Financial Sense

By Kurt Kallaus A Bloomberg article recently joined the chorus of stock market naysayers with a specious claim that the current record optimism displayed by Small Business surveys signaled that a market correction was due. Panics can occur almost anytime...

01:45

Why People Stopped Prepping, South Africa, California Secession (Video) The Daily Coin

Why People Stopped Prepping, South Africa, California Secession Video The Patriot Nurse Video Source

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01:30

Daily Digest 6/15 - Good News Friday: Money Isn't Everything, Last Straw For Plastic Straws? Peak Prosperity

Daily Digest 6/15 - Good News Friday: Money Isn't Everything, Last Straw For Plastic Straws?
  • Money Isnt Everything Overcome The Greedy Mindset
  • Plant-based diet lowers risk for chronic diseases, weight gain, death
  • Florida judge rules state ban on smokable medical marijuana is unconstitutional
  • Psychedelic drugs change brain cells in ways that could help fight depression, addiction and more
  • By 2022, India vows to stop single-use plastics
  • 20/20 Hindsight and How to Avoid Regret
  • Why Most People Never Learn from Their Mistakes But Some Do
  • Alabama sisters give birth on same day, around same time, for second time in 9 years
  • Gene therapy reverses rat's paralysis
  • Last Straw For Plastic Straws? Cities, Restaurants Move To Toss These Sippers
  • Surprising discovery: Sweet tooth gene connected with less body fat
  • Mars to Shine Brighter This Summer Than It Has in 15 Years
  • Audi Working to Add Solar Panel Roofs to Future Electric Cars
  • Pros & Cons of Growing Your Own Fruits & Vegetables

Join the conversation

01:23

How America Failed to Understand its Own Collapse Stories by umair haque on Medium

What if the Next Two Years are Worse Than the Last Two Years?

Heres a little question. Does America have two years left?

Nope. Im not trying to provoke, insult, goad, or taunt you. Id rather be making disco than writing about American collapse. Yet deep down, Id bet that youve asked yourself the same questionmore than once, maybe more than once a day, these daysand then told yourself youre crazy for asking.

Youre not crazy. In fact, youd be crazy if you werent asking yourself this question at this juncture in history. Your intuition is exactly rightits the youve been told to think about what will happen and wont thats wrong.(And of course I dont mean two years left as in the Rapture. America will still be a place. I mean it as in: will America still be a nominally functioning democracy, a modern society, a member of the league of civilized nationsor will it be something like a collapsed, globally reviled pariah state?)

Lets start three years ago. Back then, many of uspeople whove studied authoritarian collapses, lived through them, or bothbegan warning, pretty strenuously, ofeverything thats happening now, coming faster, harder, and worse than everyone who hadnt studied or lived through it expected. We werent taken very seriouslywe were dismissed as alarmists and provocateurs, despite many of us being respected authors and thinkers and intellectuals and so on. Why werent we taken seriously? How is it that mainstream thought is shocked and baffled every single day by what goes onbut hasnt learned why it continues to be, why it is unable to predict what will happen next?

Because the logicor illogicof American thought, which was based on decades of badly mistaken theories of politics, economics, psychology, and sociology, went like this. Hell never get elected! Even if he does, what can he do! Hes a joke! Forget it! Our institutions are way stronger than a goon like that! Were the greatest society in history, are you kidding? Youre being hyperbolic! Youre so dumb! Youre overstating it!and so on. In other words, the idea itself that all of this could happen was dismissed from the beginningit was ruled out of the set of possibilities, without a moments thought, consideration, or reflection. It cant happen here. And that was a fatal mistake.

Because what we were trying to warn of (or at least I was) wasnt just about a single personbut a set of social trends, historical tides, that were setting off a classical sequence of collapse, seen many times before. Economic stagnation. A middle class imploding. Skyrocketing inequality. A society without safety nets, public goods. People living at the edge, feeling insecure, unsafe, threatened. A culture of cruelty. Long-standing tribalism and bigotry. A predatory economy. An...

01:21

Mobile App Developers in India Are Always Fighting Losing Battles Pacific Money The Diplomat

Without timely access to path-breaking technologies, app developers in India can never be on an equal footing with developers in the first world.

01:20

Can the EU become a partner for Russia? The Daily Coin

Can the EU become a partner for Russia? by The Saker The re-nomination (albeit somewhat reshuffled) of the economic block of the Medvedev government has elicited many explanations, some better than others.  Today I want to look at one specific...

The post Can the EU become a partner for Russia? appeared first on The Daily Coin.

00:55

Is There A Secret Committee of 300 That Runs The World? The Daily Coin

Is There A Secret Committee of 300 That Runs The World? by Catherine Frompovich  Activist Post Many years ago the late Dwight D. Eisenhower, 34th president of the United States, dropped some information in his retirement speech no one apparently took...

The post Is There A Secret Committee of 300 That Runs The World? appeared first on The Daily Coin.

00:30

Precious Metals Taking Off as Central Bankers Day of Reckoning Arrives (Video) The Daily Coin

Precious Metals Taking Off as Central Bankers Day of Reckoning Arrives Video maneco64 Video Source

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00:17

Whats really wrong with Wikileaks? Marginal REVOLUTION

From Theodore Dalrymple in 2010, also known as Prophets of the City Journal:

The actual effect of WikiLeaks is likely to be profound and precisely the opposite of what it supposedly sets out to achieve. Far from making for a more open world, it could make for a much more closed one. Secrecy, or rather the possibility of secrecy, is not the enemy but the precondition of frankness. WikiLeaks will sow distrust and fear, indeed paranoia; people will be increasingly unwilling to express themselves openly in case what they say is taken down by their interlocutor and used in evidence against them, not necessarily by the interlocutor himself. This could happen not in the official sphere alone, but also in the private sphere, which it works to destroy. An Iron Curtain could descend, not just on Eastern Europe, but over the whole world. A reign of assumed virtue would be imposed, in which people would say only what they do not think and think only what they do not say.

The dissolution of the distinction between the private and public spheres was one of the great aims of totalitarianism. Opening and reading other peoples e-mails is not different in principle from opening and reading other peoples letters. In effect, WikiLeaks has assumed the role of censor to the world, a role that requires an astonishing moral grandiosity and arrogance to have assumed. Even if some evils are exposed by it, or some necessary truths aired, the end does not justify the means.

For the pointer I thank Robert Dietrich.

The post Whats really wrong with Wikileaks? appeared first on Marginal REVOLUTION.

Friday, 15 June

23:55

Cryptocurrencies Are Lousy Investments naked capitalism

A skeptical look at the prospects for cryptocurrencies.

23:52

Consistently making money at the casino; how do they do it? Hang The Bankers

Doesnt it seem ridiculous sometimes? How they keep winning and winning without barely even conceding a game. It almost seems like they have foolproof strategies that lead to guaranteed profit. Thats not the case, however, they simply play it smart and minimalize the chances of losing big money. There is also a hefty dose of

23:52

President Trump makes surprise appearance on Fox & Friends (Video) The Daily Coin

President Trump makes surprise appearance on Fox & Friends Video The president, in a surprise appearance on Fox & Friends on the White House lawn, reacts to the IG reports accusations against former FBI Director Comey, new China tariffs, his...

The post President Trump makes surprise appearance on Fox & Friends (Video) appeared first on The Daily Coin.

23:34

Top of the charts: lessons from marshmallows, fertility and Babylon Resolution Foundation

Sign up for our weekly Top of the Charts emails here

 

Afternoon all,

Its time for excessive flag waving, daytime drinking and back-of-a-fag-packet maths. And thats just the Brexit discussion at the upcoming June EU Council On the World Cup front enjoy the only month when we can all pretend that the most pressing concern around Russia isnt which election theyll try to rig next, but whether its transport infrastructure can handle a football tournament.

For when the inevitable happens and you realise that most of the games youre watching are truly dire, this weekends reading should come in handy

Have a great weekend,

Torsten

Director, Resolution Foundation

 

Marshmallow smarshmallow. Once upon a time (1990) a famous social science experiment found that a childs performance in the marshmallow test (ie how long they can delay gratification before snaffling a sweet) was a strong indicator that they would achieve academically AND behave well as teenagers. This isnt just a story about marshmallows its been central to some policy wonks arguments that how well we do, and even whether we are in poverty, is driven by our individual self-control. But as part of the (welcome) fad for replicating famous papers a new piece of work has re-run the experiment. It still finds a link between marshmallow waiting time and academic achievement, but once family background and ability are controlled for, two-thirds of the effect disappears. And the most important news is that it was only waiting around 20 seconds that made the difference. The conclusion? You havent got to have that much self-control to achieve and poverty might be about more than marshmallows

Culture. It matters. Its the 21st Century. But in the US women are actually working less than they were back in 2000, compared to a 4.5 percentage point rise in the percentage of working-age women employed here in the UK. Lots of us have focused on the disaster that is maternity rights and childcare policy across the Atlantic as a cause of this worrying trend. But a new blog by Matt Bruenig points to another factor almost half of the change is explained by the big increase in Latina groups in the US population, and the fact that Latina women have much lower employment rates. Why is that? Because culture matters theres a...

23:16

Real Retail Sales In MayNot Much To Gush About David Stockman's Contra Corner

The Commerce Department also releases retail sales adjusted for inflation. This measure of real retail sales, including food services, rose only 3.1% in May (seasonally adjusted) from a year ago closer to the middle of the range of the past few years, and a lot less to gush about:

 

 

https://wolfstreet.com/2018/06/14/retail-sales-inflated-by-dollars-eroding-purchasing-power/

23:04

Argentina Peso$50 Billion IMF Bailout And Still Plunging David Stockman's Contra Corner

Today the Argentina peso plunged another 5.5% against the US dollar. It now takes ARS 27.7 to buy $1. Over the past 16 years, the peso has gone through waves of collapses. This collapse began on April 20.

 

 

https://wolfstreet.com/2018/06/14/seems-impossible-but-argentinas-peso-was-able-to-collapse-further-despite-50-bn-imf-bailout/

23:00

Chasing The Wind, Fed Style David Stockman's Contra Corner

Raising the federal funds rate and reducing the balance sheet are, without question, mopping up the same liquidity thats floated up the stock market indexes well beyond what an honest man could possibly comprehend.  This is also the same liquidity that has floated residential real estate prices above the epic 2006 high-water-mark.  What will happen to these extreme asset prices when the liquidity thats floated them up, recedes?

 

http://davidstockmanscontracorner.com/?p=187161&preview_id=187161&preview_nonce=c6534a5226&preview=true

23:00

Why Most Quant Funds Fail The Big Picture

The Reason Most Quant Funds Fail Source: Mathinvestor   See also: Economics, finance and pseudoscience Mathematicians Against Fraudulent Financial and Investment Advice (MAFFIA).  

The post Why Most Quant Funds Fail appeared first on The Big Picture.

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