from The Money GPS:
from The Money GPS:
by Bill Holter, JS Mineset, SGTreport.com:
I had to chuckle after getting caught up in the ZeroHedge click bait headline A Mystery Investor Just Made A $262 Million Bet That The Stock Market Will Crash By October. First we should look at the article itself and then analyze the stupidity prevailing even among large and supposedly “wise” money managers.
As for the article, it was penned by Michael Snyder who has done some very good work in the past as he did with the leg work for this one. The problem(s) I see are that first, the mystery investor did not make a $262 million bet. This is the maximum amount he might be able to make between now and October.
by Eric Townsend, Macro Voices:
Erik Townsend welcomes Dr. Pippa Malmgren to MacroVoices. Erik and Pippa discuss:
Update on European geopolitics
What is in store for European migration
Considerations on Turkish politics
Geopolitics associated with the cryptocurrencies and blockchain technologies
Future of US dollars roll as world reserve currency
Post Donald Trump Texas economics
Understanding the PPT (Plunge Protection Team)
by Mac Slavo, SHTF Plan:
Wuilly Arteaga plays his violin during an anti-government march in Venezuela. (AP Photo/Fernando Llano)
Venezuela’s socialist government opposition called for a two-day national strike against President Nicolas Maduro after another day of violent clashes on Saturday where the injured included a violinist famous for his musical protests.
Wuilly Arteaga, the 23-year-old has become famous for playing the national anthem on his violin in front of security lines as battles rage around him, has been injured in the fight for freedom against Venezuela’s socialist regime. Paramedics attended Arteaga in the street as blood poured down his face. He later tweeted a video from the hospital with a bandaged face and clutching his violin. “Neither rubber bullets nor pellets will stop our fight,” said Arteaga. “Tomorrow I will be back in the streets.”
How to Take Your Money Out of the Bank Without Going to Jail-Most Requested Topic in History of the CSS
by Dave Hodges, The Common Sense Show:
I recently received the following email. It represents dozens, if not hundreds like this one going back over the past several months.
I read your articles and listen to your show everyday. So does my son and he says your financial guests are almost always correct. My son works on Wall Street and is very successful. He does say that it is coming to an end soon in his opinion. Do you agree and what should I do?……My son says some of the same things that you have said and would you mind very much restating and please add anything new?
I know the economy is in grave danger. However, I have no knowledge beyond this. If you are thinking about removing your money from the bank before you lose it, there are some things that you need to know if you want to avoid going to jail.
by Michael Snyder, The Economic Collapse Blog:
One mystery trader has made an extremely large bet that the stock market is going to crash by October, and if he is right he could potentially make up to 262 million dollars on the deal. Fortunes were made and lost during the great financial crisis of 2008, and the same thing will happen again the next time we see a major stock market crash. But will that stock market crash take place before 2017 is over? Without a doubt, we are in the midst of one of the largest stock market bubbles in U.S. history, and many prominent investors are loudly warning of an imminent stock market collapse. It doesn’t take a genius to see that this stock market bubble is going to end very badly just like all of the other stock market bubbles throughout history have, but if you could know the precise timing that it will end you could set yourself up financially for the rest of your life.
from Jesse’s Café Américain:
Lately it has been popular in some circles to talk about the US being a ‘late stage democracy’ that has ‘never been more ripe for tyranny.’
Sometimes they like to drag in Plato to give their thought pieces a gleam of higher learning and a supposed grounding in history.
But their pieces fall into that trap, that very sort of temporal vanity and self-centered preoccupation to despair that Newman notes so well in saying that “every century is like every other, and to those who live in it seems worse than all times before it.”
Would you be surprised to hear that less than one hundred years ago there was an actual plot, bankrolled by some of the most powerful and famous figures of the American one percent, to use military force to depose a sitting American President and instead install a fascist in the White House who would be more compliant with their greed and lust for power?
The model for this takeover would have been similar to Benito Mussolini’s infamous ‘march on Rome.’