from Kerry Lutz's Financial Survival Network
Gregory Mannarino is a Seasoned Wall Street pro, and professional investor. We’re heading towards a two tier system, the wealthy and the have nothings. The market will continue increasing because the Fed is buying everything. No one should be surprised by what’s happening. The worse the economic news is, the more gleeful the market gets. They know the Fed will keep upping their purchases. They’re creating artificial demand for housing by buying mortgage backed securities in the midst of booming housing demand. You need to be in hard assets. Cryptos gold, etc. Buy the market. Large cap stocks that pay dividends. Yes, cryptos can actually go down. Expect wild price action. Nobody can pick the top or bottom. Speculators can expect to see major volatility. Cryptos are going higher because of the Fed. You need to acquire alternative currency. Greg’s buying dash. The average investor has absolutely no chance when dealing with the pros. They’re designed to separate the sheep from their wool. People are always going to fall for these traps. We’re seeing a takeover of the country and the destruction of the dollar. What better way for central banks to finish their plan than introduce an “illness” and use it to shut down the global economy. Then they jumped into the mix and profited handsomely. Nothing ever happens by accident. It’s all about control and more control. Especially after the dollar has been phased out. Everything will be tracked. If you understand the game, there’s no limited to what you can achieve. We can’t stop the corruption but they’re so predictable and they can easily be anticipated. It’s the creation of a slave society created by fear and the government.
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Since the outbreak of the pandemic, the “respectable” media has pushed the theory that the virus came from a wet market in Wuhan, China.
Inflation is everywhere, but the Federal Reserve is not worried about it. Fed Head Jay Powell keeps telling us “inflation is transitory,” meaning it will be short lived. The investment community is not so sure about that. As a matter of fact, many are worried and downright skeptical that inflation will be transitory but entrenched and sticking around for a long time. And why wouldn’t they be? With gas shortages that pop up out of nowhere and expensive commodity prices spiking everywhere, there is good reason to be alarmed.
The Centers for Disease Control and Prevention (CDC) announced Thursday that people who are fully vaccinated do not need to wear masks or engage in social distancing while outdoors or indoors. CDC Director Rochelle Walensky explained that except in a few special circumstances, vaccinated people can resume normal life completely.
Three weeks ago, over a thousand active and retired members of the French military (including twenty retired generals) signed their names to a letter warning President Macron that “multiculturalism,” “racial war,” and “fanatic partisans” are destroying French society and leading the country to “civil war.” The blunt message caused a tizzy — not just in France, but across Europe. The French government and the French media immediately condemned the unsolicited warning (with Macron and the minister in charge of the armed forces, Florence Parly, promising punishment for those involved), but the French people did not. Subsequent polling showed that 58% “support the words of the soldiers,” 73% believe France is disintegrating, 84% feel that violence is increasing, and 49% think the military should “restore order.” In their letter, servicemembers warned, “The hour is grave, France is in peril,” and to the great consternation of Macron and his government, the French people overwhelmingly agreed.
How can a SoftBank-backed real-estate broker in a red-hot housing market lose $212 million in Q1? Compass Shows how.
The Centers for Disease Control and Prevention (CDC) continues to face pressure following reports that their school reopening guidelines may have been influenced by a major teachers’ union.
The Treasury department has issued its spending and revenue report for April 2021, and it’s clear the US government is headed toward another record-breaking year for deficits.
The ongoing audit of ballots cast in Maricopa County, Arizona has uncovered “significant discrepancies” in the number of ballots versus the supposed number of ballots that were supposed to exist. Political strategist Boris Epshteyn adds that the discrepancies may be as high as 17.5%, and it is “likely Joe Biden did not win Arizona”.
It’s often overlooked in favor of its lustrous cousin gold, but the price of silver has jumped over 70% in the last year, with commodity strategists saying the rally is likely to continue as the global economy reopens.
“I want you to panic. I want you to feel the fear I feel every day.”
Fox News host Bret Baier grilled Rep. Liz Cheney (R-WY) in a hard-hitting interview on Thursday evening after House Republicans overwhelmingly voted to oust her as the party’s Conference Chair over her obsession with focusing on former President Donald Trump vs. focusing on President Joe Biden.
President Joe Biden issued an ultimatum to Americans Thursday after the Centers for Disease Control and Prevention (CDC) eased restrictions for vaccinated Americans.
The president of the Arizona State Senate asked the chairman of the Maricopa Board of Supervisors in a letter on Tuesday to address “three serious issues that have arisen in the course of the Senate’s ongoing audit of the returns of the November 3, 2020 general election in Maricopa County. “
***UPDATE: It appears that Israeli statements about the conflict have caused much confusion among news outlets. Earlier in the day Lt. Col. Jonathan Conricus had told the press that there were Israeli ground troops “attacking in Gaza”, but now he has told reporter Alex Ward the following: “Clarification: there are currently no IDF ground troops inside the Gaza Strip. IDF air and ground forces are carrying out strikes on targets in the Gaza Strip.” So it appears that ground forces are being used to conduct strikes in Gaza, but they have not officially crossed over into Gaza just yet. I apologize for any confusion, and we will continue to monitor further developments.***
Today a Swiss firm put out a note titled Bitcoin and Gold: Growing Tired of the Debate.