What The Rising Gold Price Signals (Spoiler Alert: Nothing Good) Authored by Antonius Aquinas, The recent run-up in the gold price has not garnered the attention among the mainstream financial media outlets as it should.  Gold has, in part, been overshadowed by the rise in the price of bitcoin and other cryptocurrencies.  Naturally, the financial press, which is really an arm of the government and its central bank, wants to […]

Backstage, Private Dinner At ZeroHedge Crypto Debate With Schiff, Roubini, Scaramucci, & Voorhees On May 3, ZeroHedge is partnering with Crypto Banter to bring together top macroeconomic minds to debate Cryptocurrency: is it the financial engine of the future or a worthless bubble? In the anti-crypto corner is the man whose name is synonymous with “gold”, infamous crypto bear Peter Schiff. Alongside Schiff will be “Dr. […]

Amash Battling Trump-Endorsed Deep-State Doozie For Michigan Senate Nomination Former Rep. Justin Amash on Monday announced that his Senate campaign had submitted the requisite signatures to appear on Michigan’s Aug. 6 primary ballot. The GOP field for a shot at a Democrat-vacated seat includes an archetypal Deep Stater in former Rep. Mike Rogers, who chaired the House Intelligence Committee and scored Trump’s endorsement in March […]

Wave Goodbye To Another Set Of Freedoms With The New Digital ID Authored by Graham Young via The Epoch Times, “Papers please” used to be the ostinato of totalitarian systems, at least in the movies. With the passing of the government’s Digital ID bills, Australians will have to become used to the digital equivalent – so what does that say about present-day Australia? A few things have surprised me over the last few years, […]

Next Ukraine Package ‘Larger Than Normal’ As Biden Tells Zelensky Aid Coming “Quickly” US officials have been quoted in Politico as saying the Biden White House is preparing a “larger than normal” weapons package for Ukraine to be sent quickly once Biden signs the bill into law authorizing $61 billion in spending, following the historic weekend House vote, which was far and away the biggest hurdle. The officials described the new […]

Cannabis Use Greatest Among Lower-Income And Less Educated By Dan Witters of Gallup Nine percent of U.S. adults report that they use cannabis regularly, defined as at least 10 days of consumption per month. Regular usage differs by education and income, with the highest rates seen among those with a high school education or less (13%) and those living in households earning less than $24,000 per year (16%). These consumption […]

Hezbollah Launches Deepest Attack Into Israel Since War’s Start, On Passover Hezbollah on Tuesday conducted its deepest strikes into Israeli territory since the start of the war, launching drones at Israeli military bases on the outskirts of the Israeli city of Acre. Israel’s military said none of its facilities were hit, and videos circulating online appear to show Israeli anti-air systems intercepting at least one drone which […]

COVID-19 Vaccine Emails: Here’s What The CDC Hid Behind Redactions Authored by Zachary Stieber via The Epoch Times (emphasis ours), The U.S. Centers for Disease Control and Prevention (CDC) hid how a woman who suffered chest pain and other symptoms following COVID-19 vaccination received a shot because of a mandate at work, newly obtained documents show. The Centers for Disease Control and Prevention (CDC) headquarters in […]

Russia Vows To Ramp Up Attacks On Western Weapons In Ukraine Russia’s response to the Republican-led House passing Biden’s foreign aid package which includes $61 billion in new military assistance for Ukraine has been to promise stepped-up targeting of the Western weapons store houses. A new statement by Defense Minister Sergei Shoigu additionally said “The Kiev regime has failed to achieve the goals of its counteroffensive […]

There Is So Much For The Market To “Pass”/”Over” Right Now By Michael Every of Rabobank “Pass”/”Over” There is so much for markets to try to pass over right over: and they are certainly doing so. Niall Ferguson warns us again about an escalating global Cold War 2 using Tolkien as an analogy – real Tolkien, not the insult that was The Rings of Power season 1. Markets gave that talk of a bifurcating, antagonistic, inflationary […]

Jan 6 Committee Chair Offers Bill To End Secret Service Protection For Convicted Felons In a move aimed at Donald Trump, House Democrats have introduced a bill that would remove Secret Service protection for any former executive sentenced to prison for a federal or state felony.    The bill comes from Democratic Mississippi Rep. Bennie Thompson, who, in a fitting Deep State overlap, is not only the former Jan. 6 committee […]

Global Military Spending Hits All-Time High Of $2.4 Trillion By Tim Martin at BreakingDefense Global military expenditure surged to a record $2.44 trillion in 2023, the largest year-on-year rise on weapons spending since 2009, according to a new Stockholm International Peace Research Institute (SIPRI) report. The report, published today, said that the new figure is an “all time high,” equivalent to a 6.8 percent increase on […]

WTI Holds Gains After API Reports Unexpected Crude Inventory Draw Oil priced ended notably higher today after recovering strongly from overnight weakness (driven by a Bloomberg report that said fresh U.S. sanctions targeting vessels and refineries handling Iranian oil shipments were having a muted impact on crude supply). If implemented and enforced, the new sanctions could add as much as $8.40 to global prices, according to […]

2nd Democrat Congressman Sued For Defamation By Ex-Biden Associate Tony Bobulinski Authored by Zachary Stieber via The Epoch Times (emphasis ours), A U.S. congressman is being sued for allegedly defaming a former associate of the Bidens who claims to have personally met with President Joe Biden. The lawsuit was filed on April 22. Ranking member of the House Oversight Committee Rep. Jamie Raskin (D-Md.) Tony Bobulinski is suing […]

Tesla Soars: Misses Across The Board, But Is “Accelerating” Rollout Of “More Affordable Models” As previewed earlier, today’s TSLA print is likely to be ugly: the company is the only Mag7 member expected to reported negative earnings growth… … as a result of anemic Q1 sales, where the (growing) delta between production and deliveries was 46,000+ cars. Since then, CEO Elon Musk has doubled down on his robotaxi vision and vowed […]

Bonds & Stocks Bid As ‘Bad News’-Buyers Trump CTA-Sellers ‘Bad news’ was certainly good news today as ‘soft’ survey data showed the US Manufacturing sector dropping back into contraction (<50) and Services sliding too (with pries rising), sending US MAcro Surprise dats slumping.. Source: Bloomberg That gave 2024 rate-cut odds a small lift… Source: Bloomberg ..which seemed all the markets wanted to be able to extend […]

Federal Judge Appears Ready To Reimpose Jan. 6 ‘Disinformation’ Monitoring Authored by Joseph M. Hanneman via The Epoch Times (emphasis ours), Despite being slapped down by the U.S. Court of Appeals for ordering a Jan. 6 probationer’s computer use be monitored for so-called “disinformation,” a senior federal judge in Washington D.C. appears ready to reimpose the restriction on Daniel Goodwyn of Corinth, Texas. (Illustration […]

It’s All About Mag 7 Earnings: Without Them S&P Profit Growth Is Negative After what has been a boring start to the week, where the biggest event so far was yesterday’s start of corporate buyback frontrunning (as we first detailed and bottom ticked the market, which is now 100 points higher since our comment), investors are bracing for some serious fireworks after the close with Tesla, which coming into today was down a […]

New York Democrat Wishes Death On Trump Supporters Authored by Steve Watson via Modernity.news, A Democrat who is running for Congressional office has received fierce backlash for wishing death on supporters of Donald Trump. Nate McMurray, who is running to represent New York’s 26th congressional district, posted the demented comments on X shortly after the weekend vote on funding for Ukraine. As we highlighted Sunday, after […]

Biden’s FTC Blocks $8.5 Billion Deal Between Michael Kors & Coach As Central Planners Target Fashion President Joe Biden’s antitrust enforcement has been on a deal-blocking crusade ahead of the presidential elections in November.  On Monday, the Federal Trade Commission targeted the fashion industry for the first time. It sued to block Tapestry’s $8.5 billion acquisition of Capri Holdings, a deal that would combine […]

Iran Says It’s Not Seeking Nuclear Weapons After Tit-For-Tat Strikes With Israel Authored by Dave DeCamp via AntiWar.com, On Monday, the Iranian Foreign Ministry reaffirmed that Tehran is not seeking a nuclear bomb and that weapons have no place in Iran’s nuclear doctrine. “Iran has repeatedly said its nuclear program only serves peaceful purposes. Nuclear weapons have no place in our nuclear doctrine,” said Iranian Foreign […]

Tesla Q1 Preview: Investors Brace For “Worst Results In 7 Years” With Short Interest At 3-Year-High Tesla is slated to report earnings tomorrow and, as FT notes, investors are bracing for the “worst results in 7 years” from the EV manufacturer.  Analysts predict that Tesla will post revenues of $22.3 billion for Q1, representing a year-over-year decline of 4.4%. This anticipated drop in revenue aligns with poor Q1 delivery data, […]

Blackrock Bitcoin ETF Enters Top 10 All-Time For Longest Sequential Inflows Authored by Vivek Sen via BitcoinMagazine.com, BlackRock’s Bitcoin ETF, IBIT, is now one of the top 10 ETFs of all-time, at least when it comes to maintaining its streak of daily investment inflows. As of Tuesday, April 23, IBIT has seen 70 days of inflows, meaning that the fund has seen a positive increase in its total holdings of the underlying asset, […]

Record Large 2Y Auction Sees Stellar Demand, First Stop Through Of 2024 Bond traders were paying close attention to today’s 2Y auction not only because at $69 billion in size, it would once again break the record for biggest 2Y auction issuance on record, but also because it comes at a time when yields are trading just shy of 2024 highs. The results, which were announced moments ago, however were solid and helped push yields to […]

“F**king Clown Show”: Unsealed Court Docs Reveal Biden DOJ Colluded With National Archives To Target Trump, Jack Smith Tried To Conceal Newly unsealed documents in Donald Trump’s classified documents case reveal that the Biden White House colluded with the National Archives (NARA) and the FBI to concoct a case against the former president. Journalist Julie Kelly has been all over this: NEW: Thanks to order by Judge Cannon, key […]