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Saturday, March 31, 2018

Daily Digest 3/31 - Chicago's Awful Divide, The Paradox Of Universal Basic Income

Daily Digest 3/31 - Chicago's Awful Divide, The Paradox Of Universal Basic Income
  • A Cyberattack Hobbles Atlanta, and Security Experts Shudder
  • The Real Reason Why Stock Markets Will Continue To Crumble This Year
  • Chicago’s Awful Divide
  • Cops cleared in fatal shooting of Alton Sterling
  • Donald Trump Doesn't Understand Community Colleges
  • The Paradox Of Universal Basic Income
  • Facebook's Ideological Imperialism
  • “Who cares, I have nothing to hide” — Why the popular response to online privacy is so flawed
  • Research: The Industrial Revolution Left Psychological Scars That Can Still Be Seen Today
  • The Devastating Loophole That Sticks Car Buyers With Interest Rates That Would Be Otherwise Illegal
  • Globalization’s Backlash Is Here, at Just the Wrong Time
  • A Cheap Way to Offset Rising Gas Prices
  • The road to Alzheimer’s disease is lined with processed foods

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Friday, March 30, 2018

Everything Is Suddenly Deteriorating, Fast

Everything Is Suddenly Deteriorating, Fast

Executive Summary

  • Geopolitical unity is fracturing as countries are forced to compete more
  • LIBOR is signaling a credit emergency in Europe
  • The market is sending signs a major war and/or a major recession may be imminent
  • The last remaining heroes for risk-on capital, the FANG stocks, are quickly becoming villains

If you have not yet read Part 1: The Future Ain't What It Used To Be, available free to all readers, please click here to read it first.

The central banks of the world have failed: colossally, completely and dangerously.  Yes, they will try to rescue the “markets” once again, as they did in 2011 and 2016 when things similarly looked to be falling apart.

The reason they might not be able to succeed this time?

They are out of maneuvering room. 

Nothing will happen if interest rates are clubbed back down a percent or two.  To do that, though, would require the same sort of lock-step coordination as prior times.  The ECB, BoJ and Fed would all have to operate seamlessly again. 

The most immediate of my concerns, even more than the tech-wreck that began a few weeks ago, is the rise in the LIBOR interest rate.  Why?  Because trouble always moves from the outside in.

Let’s do the math  With $350 trillion worth of assets tied to LIBOR, that means each 1% rise in the LIBOR rate translates into $3.5 trillion dollars of increased interest costs.

LIBOR is now at its highest rate since 2009, and it's spiking for reasons nobody can fully explain. In my mind, higher LIBOR means that there’s less trust and/or liquidity in the system.  It also means borrowing costs are heading up for...

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The Future Ain't What It Used To Be

The Future Ain't What It Used To Be

This marks our our 10th year of doing this.  And by “this”, we mean using data, logic and reason to support the very basic conclusion that infinite growth on a finite planet is impossible. 

The only remaining question concerns how fast the adjustment happens. Will the future be defined by a "slow burn", one that steadily degrades our living standards over generations? Or will we experience a sudden series of sharp shocks that plunge the world into chaos and conflict?

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Mickey Fulp’s Monthly Major Market Review for March 2018

from Financial Survival Network

Mickey Fulp observed that March 2018 saw volatility go from record lows to major new highs! Major US stock markets corrected big Ly with the DJIA up losing 3.7%. Emerging markets were down 3.2%. TSX down 3% and TSX-V 4.5%. Bitcoin the always volatile digital currency it was down 32% for the month. Gold was up .5% and Silver was off .2% for the month. Pt down 5.2% and Pd was up 8%. Copper down 3.2%. Energy also corrected, with WTI and Brent both up around 5/7% respectively. Natgas skidded 9% to $2.73. Uranium declined 1%. Currencies saw the Greenback down .6% and the Euro rose 1%. Rate on the 10 year T Bond sank to 2.74%. As for ratios Gold to Silver hit 81, a possible buy signal for the shiny metal, but Mickey is holding out for 90 till he starts his purchases again. Tilll next month!

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Andrew Zatlin – Economy Ready For a Pause

from Financial Survival Network

According to Andrew Zatlin of MoneyBall Economics, the economy has been riding high since Trump took over. New jobless claims continue to decline and the work force participation rate is even starting to go up. However, there could be trouble in paradise. Andrew believes that the economy is perhaps headed for a pause before it begins picking up steam again. An interesting time in the Middle East as Saudi Arabia and Israel form some type of alliance the possibility of a new pipeline in the works.

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Ned Schmidt – Fed Throwing Fertilizer on the Economy

from Financial Survival Network

Ned Schmidt believes that the tech sector is crashing before our very eyes. If that is the case, then the stock market will break down as well. And then you’re left with gold and silver and ag. We’re currently in a precarious situation and Ned thinks the world will again embrace things that have real value. And you don’t have to look to far for what that is.

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Stem Cells Help Save Athletic Careers (#3)

from Stemcell Solutions

Dr. Giuseeppe Paese respected stem cell practitioner talks about how stem cell therapy can save athletes from what used to be career ending injuries. How many athletes have seen have their careers ended by a devastating knee or other joint injury? Prior to stem cells, their only choice was risky surgery that would often mean the end of a promising run. Stem cells are changing all that. Dr. Paese talks about several cases where he helped promising athletes save and extend their careers.

See if stem cell therapy can work for you. Call 800-420-2869

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Daily Digest 3/30 - Good News Friday: 'Cancer Vaccine' Moves To Human Trials, Milk Without Cows

Daily Digest 3/30 - Good News Friday: 'Cancer Vaccine' Moves To Human Trials, Milk Without Cows
  • Utah’s ‘free-range parenting’ law said to be first in the nation
  • Meet the startup that makes milk—without cows
  • Alternative proteins continue to move into the marketplace
  • This incredible animation shows how humans evolved from early life 
  • Scientists think they found a new human organ—a fluid-filled “shock absorber”
  • Chemotherapy-free ‘cancer vaccine’ moves from mice to human trials at Stanford
  • Timing your meals may help with weight loss. That’s what it seems to do in mice.
  • Building The World’s Largest Solar Project
  • Uzbeks told to tend their gardens or face triple tax
  • 5,000 peach trees in full bloom

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Stock Market Bears and Gold Bulls: SchiffGold Friday Gold Wrap 03.30.18

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on iTunes. The mainstream keeps telling us everything is great in the economy. The stock market is fine. The fundamentals haven’t changed. In a sense, they’re right. The fundamentals are […]

The post Stock Market Bears and Gold Bulls: SchiffGold Friday Gold Wrap 03.30.18 appeared first on SchiffGold.com.



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Fun on Friday: Thief Steals Bottle Made from Six Pounds of Gold; Drinks Vodka

I used to work in local news. We covered “breaking news,” which roughly translates to “robbery, wreck, fire!” Not necessarily in that order. Becuase of our razor-sharp focus on flashy lights and screechy sirens, police scanner chatter was a ubiquitous presence in the newsroom. You gotta know where the cops and firefighters are going if […]

The post Fun on Friday: Thief Steals Bottle Made from Six Pounds of Gold; Drinks Vodka appeared first on SchiffGold.com.



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Tom Woods Ponders What’s Really Wrong with the Federal Reserve

The Federal Reserve manipulates interest rates, creates money out of thin air, blows up asset bubbles and generally wreaks havoc on the economy. But some people have found an even more insidious problem with the Fed. It’s not “diverse” enough. Historian Tom Woods offered up some pretty sharp observations about this latest “outrage” in a […]

The post Tom Woods Ponders What’s Really Wrong with the Federal Reserve appeared first on SchiffGold.com.



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Thursday, March 29, 2018

Daily Digest 3/29 - AI Getting Stronger Every Day, Has Silver's Time Finally Arrived?

Daily Digest 3/29 - AI Getting Stronger Every Day, Has Silver's T
  • The US needs to borrow almost $300 billion this week
  • Like Throwing a Light Switch
  • John Robson: AI is already terrifying. And it's getting stronger and faster every day
  • Are you ready? This is all the data Facebook and Google have on you
  • The Real Lesson of the Facebook Debacle
  • Has Silver's Time Finally Arrived?
  • Optimist or Pessimist on Silver
  • Europe Cracks Down On Diesel Vehicles

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Legend Says Fade The Takedown As Gold Set To Spike Nearly $1,000

With stock markets trading higher and the US Dollar Index attempting to hold the key psychological level of 90, today a legend in the business sent King World News a powerful piece stating the gold price is set to spike nearly $1,000.

The post Legend Says Fade The Takedown As Gold Set To Spike Nearly $1,000 appeared first on King World News.



from King World News https://ift.tt/2E5dDGd

Gold Price Action Observations and a Look Ahead

This article was written by Joel Bauman, SchiffGold Senior Precious Metals Specialist. Any views expressed are his own and do not necessarily reflect the views of Peter Schiff or SchiffGold.  The article focuses on the gold market through the lens of technical analysis. Technical analysis is a subjective form of study based on historical price patterns. The […]

The post Gold Price Action Observations and a Look Ahead appeared first on SchiffGold.com.



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What Is the Silver-Gold Ratio Telling Us About the State of the Global Economy?

Over the last several weeks, we’ve spotlighted a lot of data indicating the economy isn’t nearly as strong as the mainstream pundits keep telling us. We’ve focused on the collapsing retail sector.  We’ve looked at household debt and US consumer stress. We’ve talked a lot about the US federal debt and its potential impact on […]

The post What Is the Silver-Gold Ratio Telling Us About the State of the Global Economy? appeared first on SchiffGold.com.



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Rick Rule – The Coming Block Chain Gold Rush

from Financial Survival Network

Rick Rule and Sprott Global have been working on setting up a blockchain based gold platform. Now it’s finally a reality. Just Monday it was announced that the trading platform is operational. The large gold producer Goldcorp is a shareholder in the venture and has just delivered gold bars to the Royal Canadian Mint to be held for fractional sale. This seems like a natural progression of blockchain technology. It will lower the costs and inefficiencies of buying and selling gold. It is certain to take off soon. Then let’s see it spread to other commodity markets.

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Bruce Thornton – Is Gina Haspel the Right “Man” to Lead the CIA?

from Financial Survival Network

Bruce Thornton comes back to the show to talk about Gina Haspel, Trump’s pick to succeed Mike Pompeo as head of the CIA. She is a thirty-year veteran of the agency, one well respected by intelligence professionals from both parties. If confirmed, she will be the first woman to run our most important security agency. But despite this feminist victory, the Dems are likely to muddy the waters at her confirmation hearings by smearing her with allegations she oversaw “torture” at a black site in Thailand in 2002. Typical of what we can expect is the New York Times editorial titled, “Having a Torturer Lead the CIA,” even as the charge about the black site was shown to be untrue. It’s never about advancing women’s careers and causes, it’s all about the left getting and keeping power.

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Wednesday, March 28, 2018

MAJOR ALERT: Legend Says Violent Back And Forth In Gold Market Prelude To Massive Surge

With many worried about the action in the gold and silver markets, a legend says violent back and forth in the gold market is a prelude to a massive surge.

The post MAJOR ALERT: Legend Says Violent Back And Forth In Gold Market Prelude To Massive Surge appeared first on King World News.



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Dr. Ted Noel – Sick Politicians Need to Go Now!

from Financial Survival Network

Our good friend Dr. Ted Noel joined us again. We thought after his penetrating analysis of Hillary Clinton’s many physical maladies during the presidential campaign that he would happily fade back into obscurity. Were we ever wrong! First Hillary is still alive (barely) and kicking on the political scene. In addition, Nancy Pelosi is losing it, particularly on the screen. And Supreme Judge Ruth Bader Ginsburg is clearly on the edge. Is she really up to remaining on the court? When it comes to medical issues of politicians, Dr. Ted is our go-to guy. And it appears that it’s going to continue to be a target rich environment, so he’ll have plenty of work for the future. Heaven knows that the Congress is getting any younger.

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The New Normal – High Risk, Fast Moving Market Madness

On the heels of some wild trading in global markets, it appears this is the new normal — high risk, fast moving market madness.

The post The New Normal – High Risk, Fast Moving Market Madness appeared first on King World News.



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Daily Digest 3/28 - KY Pension Bill On Life Support, U.S. Student Debt Is Harsh Math Lesson

Daily Digest 3/28 - KY Pension Bill On Life Support, U.S. Student Debt Is Harsh Math Lesson
  • A measles outbreak in ailing Venezuela is threatening Colombia and Brazil
  • Kentucky pension bill still on ‘life support,’ says sponsor
  • Connecticut faces vote on $550M bailout for distressed capital Hartford
  • Cash-strapped Alaska eyes earnings from oil wealth fund
  • Bond traders face supply test, as close to $300 billion of Treasurys sold this week
  • Chicago Public Schools' huge pension debt just got $1 billion deeper, new estimates show
  • Student Debt Is a Harsh Math Lesson for U.S. Graduates

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Peter Schiff: This Market Is Looking Like, Walking Like and Quacking Like a Bear Market.

Stocks rebounded Monday after their precipitous fall late last week. The Dow Jones rose 669 points. Then on Tuesday, it tanked again, falling over 300 points. In his latest podcast, Peter Schiff said the increase in stock market volatility is another sign things are different. He reiterated what he said last Friday. He thinks we are […]

The post Peter Schiff: This Market Is Looking Like, Walking Like and Quacking Like a Bear Market. appeared first on SchiffGold.com.



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Three Reasons Gold Could Hit $1,500 in 2018

Yesterday, we reported that some of the big mainstream players in the investment world, including Goldman Sachs, have suddenly gone bullish on gold. They aren’t alone. US Global Investors CEO Frank Holmes said he thinks the yellow metal might hit $1,500 per ounce this year. Even with the headwinds caused by Federal Reserve monetary tightening, […]

The post Three Reasons Gold Could Hit $1,500 in 2018 appeared first on SchiffGold.com.



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What Is Happening In The Silver Market Is Unprecedented

With increased volatility in global markets, here is an extremely important alert on the unprecedented action in the silver market.

The post What Is Happening In The Silver Market Is Unprecedented appeared first on King World News.



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Tuesday, March 27, 2018

Triple Lutz Report #444 – Q Anon Update? Sealed Indictment Rumor False! Illegal Alien Crime Explosion in San Diego Federal Court

from Financial Survival Network

We’re all somewhat skeptical about Q anon. However, his last post seems to nail. Red Castle – Green Castle. A reference to the Army Corps of Engineers and the building of the wall, countdown started.

Further proof that rumors of 18k plus sealed indictments are false. The numbers just aren’t there. If you know better then show me the way. Sealed cases are certainly a matter of concern in the Federal Courts. There’s been an undeniable trend towards more and more sealed cases over the past decade. But there could be reasons for the rise and we need more information about them. However, my inquiry to the DOJ seeking an explanation was rebuffed.

Finally, a shocking discovery. Almost all the criminal cases filed in the US District Court in San Diego dealt with Hispanics. Reading the first 50-60 cases on the docket report showed that there were very few non-Hispanics indicted during recent months. It’s probably not too much of a stretch to assume that the vast majority were visiting the US illegally. This should say something about the need for the wall.

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Danielle Park – Over-Financialization Will Bring Us Down

from Financial Survival Network

Danielle Park returns… It’s no secret that the financial sector has expanded at a near geometric pace, along with the debt burden. While it’s great for the big banks, it’s come at the expense of society as a whole and individuals have taken it on the chin. Low cash levels and liquidity will bring down the household sector. Banks always want to sell more, regardless of the customer’s best interest. They’re never held to account and this cannot end well. The business model of ABS Always be Selling will result in a major deflationary bust. But no one wants to believe, yet.

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Craig Cecilio – Better Real Estate Investing Through Crowd Source Funding

from Financial Survival Network

In an era when traditional investing yields meager results, Craig Cecilio has found a better way. His fund uses crowd source funding to help develop good cash-flowing projects off the drawing board and into development. It’s a highly niche based segment of real estate funding, but it has achieved incredible results. Technology can help you achieve higher returns, when it’s done right.

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from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/E7DE0d

The Weekly Perspective with David Morgan for March 24th, 2018

from The Morgan Report

David Morgan‘s weekly perspective for March 24th, 2018…

Today’s monetary system is based upon a lie. The lie is that you can get something for nothing, or perhaps more simply stated, wealth can be printed. History has shown throughout 5000 years that whenever a country has tried to maintain this illusion (lie), failure has been the result. You Can Continue To Grow Your Wealth Regardless Of The Changing Winds Of Politics, The Economy And The Financial Markets. Let me show you how…

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from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/2uqv8RB

Podcasting Really Does Make a Difference (#33)

from Viral Podcasting

I’ve said it many times before, podcasting can be a solitary profession. Much of the day, you’re at your desk working on future episodes, writing articles and trying to figure out ways to be successful. It’s not unusual to have self doubts and question whether your decision to become a podcaster was a wise one. Especially when you’re trying to monetize and nothing seems to be happening. On a recent episode of my Financial Survival Network Podcast I shared with my audience that my sister was in the last phase of a chronic illness and that her impending death had led to a number of family reconciliations. I urged them not to put it off, if you’re estranged from a loved one or a friend, take action and get back together. After all, in the end the only people you can really count on is your family. Several days later I received an email that moved me to tears. John, a long term FSN member, told me that he was so moved by my words that he immediately texted his son, with whom he had had no contact with in past 10 years. His son texted back along with pictures of a grandchild John didn’t even know he had. They’re talking again, taking the necessary steps to restore and improve their relationship. The next time you’re wondering whether what you do matters, think again. You have more impact upon people than you would ever believe possible. You make a big difference, so start acting like it.

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Off The Cuff: The Fed May Be Less Worried Of A Stock Plunge Than We Think

Off The Cuff: The Fed May Be Less Worried Of A Stock Plunge Than We Think

In this week's Off The Cuff podcast, Chris and Axel Merk discuss:

  • Dissecting Last Week's FOMC Meeting
    • Powell definitely seems different from his predecessors
  • Why The Fed May Not Worry About Stock Prices
    • All it really cares about are functioning credit markets
  • How Sick Is Europe?
    • Very, but it can linger a long time
  • The Prospects For Gold
    • Well-poised to outperform other assets this year

In the wake of last week's FMOC meeting, the first one for new Fed Chairman Jerome Powell, our site's central banking expert Axel returns to the podcast to share his assessment of the banking world's newest sheriff. Axel believes, as a lawyer (unlike his academic predecessors), Powell is fairly unconcerned with economic theory or asset prices. What he cares most about is regulation and the continued functioning of markets. So as long as credit -- the lifeblood of the global economy -- is flowing, he may not care much where prices end up...

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.

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