from SGT Report:
Dan Kurz from DK Analytics joins me to discuss the record debt level of the US government and the nose bleed bubble valuations of stocks and bonds. Dan says, “We’re in the eye of this bubble valuation storm.”
by Phillip Schneider, The Daily Bell:
In 2010, it was found that roughly 100,000 Americans die each year from prescription drugs alone. When it comes to opioids, the number of deaths is in the tens of thousands while a quarter of patients who were given a short-term prescription transitioned to long-term use.
Now, according to a recent Harvard University analysis, doctors who prescribe these pain-killers are being paid huge sums of money from their manufacturers.
The research, which was conducted by Harvard scientists and CNN, discovered that in 2014-2015 thousands of doctors were paid over $25,000 from opioid manufacturers and hundreds more were rewarded with six-figure sums. Also, the more opioids that were prescribed, the larger the reward.
by Christian Datoc, Daily Caller:
The Great Mills High School student who injured two others Tuesday morning was stopped by the school’s armed resource officer.
According to St. Mary’s County Sheriff Tim Cameron, the school resource officer (SRO) fired a round at the shooter, who fired a round in return. The shooter is now dead, Cameron confirmed Tuesday morning, and an investigation will determine whether the SRO’s bullet struck the shooter.
The incident is now over, though the shooter managed to injure two students. One of them is in critical condition in the hospital, Cameron said. The SRO was not injured during the incident.
by Peter Schiff, Schiff Gold:
Everything is great. We’re riding high. The stock market is up. Employment is up. Analysts and pundits see nothing but smooth sailing ahead.
It sounds an awful lot like 2007.
It’s like deja vu all over again.
As an article published at The Conversation pointed out, there were two key problems lurking below the surface in the mid-2000s that few people paid any attention two. Those same two factors exist today. And once again, few people are paying much attention.
by Dmitry Orlov, Russia Insider:
On March 18 Russia held presidential elections. Everybody (with a brain) fully expected Putin to win, but hardly anyone expected him to win this big, or with this high a turnout: 67.47% of the eligible voters turned up at the polls; of them, 76.67% voted for Putin. In case you are still wondering whether Crimea is part of Russia (trust me, it is) the turnout there was 71.53%, of whom 92% voted for Putin. And in the once separatist republic of Chechnya the turnout was 91.54%. Record turnouts were also observed outside of Russia, among the very large Russian diaspora. Over half of all Russians voted for Putin.
by Steve watson, InfoWars:
In light of a A Monmouth University poll that found an overwhelming majority of Americans believe a deep state is running government policy, MSNBC’s Morning Joe panel went into full on panic, suggesting that the notion was invented by President Trump, and that Americans are embracing his ‘conspiracy theories’.
by Clint Siegner, Money Metals:
Gary Cohn resigned as President Donald Trump’s Chief Economic Advisor on March 6th. He and Trump didn’t see eye to eye on the recently imposed tariffs and the President selected CNBC commentator Larry Kudlow to replace him Wednesday. Perhaps it was Kudlow’s experience on television that got him the job.
It doesn’t look like he was chosen for his intellectual honesty. Kudlow was quite vocal with his own opposition to tariffs.
He has suddenly done an about face and now says he can “live” with targeted tariffs. However, it gets worse than simply flip-flopping on trade.
by Daisy Luther, The Organic Prepper:
Last night, a bomb meant for Austin, Texas exploded at a FedEx facility in Schertz, Texas. This is the fifth in a series of deadly bombs that have targeted Austin, the capital of the state.
The first three bombs were in packages delivered to people’s homes, resulting in two deaths and injuries to two more people. The fourth bomb was detonated by a tripwire and seriously injured two men.
The first package exploded March 2, killing Anthony Stephan House, 39, when he picked up a package on the front porch of his northeast Austin home. The second bomb went off March 12 inside a home in east Austin. Draylen Mason, 17, was killed and his mother was hospitalized. The third blast came a short time later in a neighborhood south of downtown. A 75-year-old woman picked up a package on her front porch when it exploded, seriously injuring her. The last Austin blast occurred late Sunday, when a blast, possibly set off by a tripwire, injured two men in southwest Austin.
by Darius Shahtahmasebi, The Anti Media:
Though some have been warning about the catastrophic potential for a third global conflict for years, it wasn’t until recently that these warnings became more mainstream. The calamitous nature of the violence in Syria — which has one nuclear power defending a government that has been the target of a regime change operation led by the world’s superpower — combined with 2017’s threats of “fire and fury” against another state intently pursuing a nuclear weapons supply of its own, has pushed the issue of a third world war directly into the public discourse.
While certain hotspots throughout the Middle East, Asia, and Eastern Europe (i.e. Ukraine) have seen some notable escalations in the last few years, a direct conflict between Russia and the United States is still yet to emerge. That’s because the idea of a third world war in today’s world is completely insane. If the two countries that currently possess the world’s greatest supplies of nuclear weapons go to war, there may not be a world left for the victors to inhabit after the war is done, thereby making it an unthinkable proposal.
by Ted Butler, Silver Seek:
No doubt that the ten-year anniversary of the failure of the prominent investment bank, Bear Stearns, and its takeover by JPMorgan is cause for reflection. Bear Stearns was a force to be reckoned with and held a storied past on Wall Street and its fall was a seminal financial event. To that end, there have been any number of retrospective articles, most often offering the perspective of the major players involved and what the takeover meant to the acquirer, JPMorgan.
The general theme is that Bear Stearns failed because of mortgage securities gone bad and that JPMorgan, had it realized the enormous legal fees and fines it would be forced to pay as a result of the takeover, would not do so again. Like many, I was transfixed by the daily events that led up to that fateful weekend in 2008 when Bear’s failure and JPMorgan’s acquisition occurred. About the very last thing on my mind at the time was any direct connection with silver or gold. It would be months before I came to realize that JPMorgan’s takeover of Bear Stearns would be the most important development in the modern history of silver.