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Rationing Has Already Started in Europe as the Entire Globe Plunges Into a Horrific Economic Nightmare

by Michael Snyder
The Economic Collapse Blog

If countries in Europe are already beginning to ration certain things due to “supply problems”, how long will it be before it starts happening in the United States? Up until the past couple of years, many of us in the western world always considered shortages to be something that only “unsophisticated” poor countries on the other side of the planet had to deal with. But the last couple of years have shown us that painful shortages can happen to wealthy countries in the western world too. At first we were told that they were “just temporary”, but the months went by and we just kept having more shortages. In fact, in 2022 “supply problems” have become so serious that many supermarkets in Europe have been forced to strictly ration essential items at various times. For example, it was being reported that due to the war in Ukraine flour, sunflower oil and sugar were all being rationed by stores in Greece…

Continue Reading at TheEconomicCollapseBlog.com…

Gerald Celente Says This Top Trend is Now Engulfing the Entire World

from King World News

The top trends forecaster says this top trend is now engulfing the entire world.

Top Trend: New World Disorder

June 29 (King World News) – Gerald Celente: Europeans’ purchasing power is falling faster than their U.S. counterparts as the Ukraine war has a more direct impact on the continent’s economy, driving food and fuel prices steadily higher than wages, The Wall Street Journal reported.

U.S. real wages—pay rates adjusted for inflation—will fall 0.6 percent this year, according to the Organization for Economic Cooperation and Development.

In comparison, real wages will shrink 2.5 percent in Germany, 3 percent in the U.K., and 4.5 percent in Spain, the group predicted.

Continue Reading at KingWorldNews.com…

Tier One Silver Begins 2022 Work at its High-Grade Silver Projects with CEO Peter Dembicki

from Kerry Lutz's Financial Survival Network

We were joined by Tier One Silver’s CEO/President Peter Dembicki and SVP of Exploration Christian Rios for a sponsor update. The company is resuming its exploration program as the Peruvian rainy season has ended. The Phase one results at the Curibaya project were quite impressive. CEO Dembicki observed that, “… the company is at the start of a major silver discovery.” The company hit bonanza and high-grade silver in a number of drill holes.

Exciting as these discoveries were, there’s every indication that a large copper porphyry deposit is lurking. To aid its efforts, the company brought in two world-class consultants to review the drill results and set the course for Phase two of the program. SVP Rios has laid out a strategy of doing more surface sampling to better develop future drill targets.

The company is also moving forward with its Hurricane Silver project and will be conducting geochemical and geophysical surveys at the Magdalena target area, where five mineralized vein corridors were identified with recent channel sampling results including 6 m of 239 g/t Ag, 1.21% Cu, 0.34% Pb, 0.15% Zn and 1 m of 605 g/t Ag, 0.26% Cu, 5.79% Pb, 0.21% Zn. A social access agreement was recently obtained here.

It’s hard to believe that Tier One was formed a little more than a year ago. The results to date have been impressive, but the company is picking up the pace and more positive news is expected. Fresh from a C$6 million capital raise, the company is well-funded. It’s noteworthy that even in the depressed junior sector, investors enthusiastically ponied up additional funds to advance the company.

With a world-class team and the proven ability to get the job done, Tier One’s future looks bright, and we’re among the company’s shareholders looking for a large return from our patience.

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The Sinking of the USS GDP with Nick Santiago (Ep #405)

from Daily Market Wisdom with Nick Santiago

For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.

Today:

1. Earlier today, the real GDP reportedly decreased at a 1.6% annual rate in the first quarter. This was expected so there were no surprises here. For me, I do not care so much about any of these numbers, I care about the stock market’s reaction. Yesterday, the markets had a sharp decline after a one week rally and today they are bouncing a bit after a weak start to the session. Several central bank leaders including Fed Chairman Jay Powell are speaking at an ECB conference. So far, I have not heard anything unexpected.

2. Gold is slightly negative after starting the day in positive territory. I will say, the gold mining chart is weak lately and I never like to see the miners lag the metal itself. Either way, the gold pattern is still holding right now.

3. Bitcoin is still trading around the psychological 20,000 level. The trend here is down, but as long as it holds this key support it lives to fight another day. In the big picture, it should fall lower to around the 14,000 level, but that could take some time.

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The Comeback of Reddy Kilowatt with Jeff Petrash

from Kerry Lutz's Financial Survival Network

Energy prices have skyrocketed. Who is to blame, and are they going to improve? Jeff Petrash, a lifelong participant in the energy system, chats with me in this episode about natural gas and its centrality to today’s energy usage. Current natural gas prices are the product of multiple factors, including the pandemic and the war in Ukraine. This energy source must be understood from the perspective of supply and demand, and its infrastructure. Tune in for more expert insight.

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Declare Your Independence From Tyranny, America

by John W. Whitehead and Nisha Whitehead
The Rutherford Institute

Imagine living in a country where armed soldiers crash through doors to arrest and imprison citizens merely for criticizing government officials.

Imagine that in this very same country, you’re watched all the time, and if you look even a little bit suspicious, the police stop and frisk you or pull you over to search you on the off chance you’re doing something illegal.

Keep in mind that if you have a firearm of any kind (or anything that resembled a firearm) while in this country, it may get you arrested and, in some circumstances, shot by police.

If you’re thinking this sounds like America today, you wouldn’t be far wrong.

Continue Reading at Rutherford.org…

Joe Biden Covered Hunter’s Russia-Linked Hooker Tab; Leaked Audio Proves Joe Spoke of Dealings

from Zero Hedge

President Joe Biden inadvertently paid son Hunter’s tab to a Russia-linked escort ring, the Washington Examiner reports, citing records from the first son’s infamous laptop.

After Hunter spent more than $30,000 on prostitutes between November 2018 and March 2019 – including several who use “.ru” email addresses linked to Russia, and an “exclusive model agency,” UberGFE, Joe wired $5,000 while Hunter was “actively engaged” with an escort.

Hunter Biden disclosed in text messages with a woman named Eva, the go-between who served as his primary point of contact for UberGFE, that his accounts were temporarily frozen at one point because his attempted payments to her “girls” with Russian email accounts were too much of a “red flag” for his bank. Eva refers to him as Robert in the messages, which is his birth name. -Washington Examiner

Hunter also convinced Joe to send $20,000 more, claiming it was to pay for drug rehab in New York, but which never actually happened.

Continue Reading at ZeroHedge.com…

The Glue That Connects Jeffrey Clark, John Eastman, Ginni Thomas, and the Guy Who Was Air-Dropped Into the DOJ, is Charles Koch’s Money

by Pam Martens and Russ Martens
Wall Street on Parade

In September 1999 the U.S. Department of Justice filed racketeering charges against the major tobacco companies and two of their front groups. The court filings in that case carefully pieced together a half century of conspiratorial conduct and lies that gravely harmed the health of the American people, while lining the pockets of the tobacco industry, its lawyers and its paid shills.

The January 6 Select House Committee has that same, once-in-a-lifetime power in its hands. But that window of opportunity will close soon. The January 6 Committee can connect all the dots of the attempted coup leading to the doorstep of Charles Koch and expose his four decades of establishing front groups to shill for the fossil fuels industry and anti-climate change groups, or it can present a false and narrow view that this was all about the ego and narcissism of Donald Trump.

Continue Reading at WallStreetOnParade.com…

The Great Reset is Causing a Great Recession

The Great Reset is Coming for You

by Dr. Chris Martenson
Chris Martenson’s Peak Prosperity

In November of 2020, I covered the Great Reset for my subscribers. I am always trying to understand what is happening in the world and why. Such “framing” is essential if you want to avoid being another Rat in a Cage.

Yes, the shocks still happen, but at least we know where they are coming from, and we can avoid accidentally blaming innocent parties for our discomfort and fear. That’s a huge positive as it saves emotional and physical energy and money.

Better yet, we can anticipate events and take actions to assure we and our families and loved ones are taken care of in the event of certain bad outcomes.

Continue Reading at PeakProsperity.com…

The Dollar Twenty-Five Tree

by Craig Hemke
Sprott Money

You’ve seen these places, right? They’re all over the U.S. south and other sparsely-populated spots. They’ve recently moved into urban areas, too. Everything is priced at $1.00…or at least it used to be.

This article is not meant to criticize these businesses. For a growing percentage of the U.S. population, companies like Dollar Tree and Dollar General provide a much-needed service: they offer inexpensive items for sale at convenient locations. Since the beginning, the premise was that everything in the store was priced at $1.00 with very few exceptions.

However, in the current stagflationary recession, even these companies have been forced to bow to the inflation pressure brought about by years of central bank cash creation and profligate political spending. As such, let’s check some current prices.

Continue Reading at SprottMoney.com…

The Most Splendid Housing Bubbles in America, June Update: “Deceleration” and “Tipping Point” of the Raging Mania

by Wolf Richter
Wolf Street

But it still predates the 5% & 6% holy-moly mortgage rates, whose impact on prices we’ll only see in a few months.

The first “deceleration” and “signs of a tipping point” cropped up in the S&P CoreLogic Home Price Index, which was released today. But today’s data for “April” consists of the three-month average of closed home sales that were entered into public records in February, March, and April, representing deals that were made a few weeks earlier, roughly in January, February, and March, funded with mortgage rates prevalent at that time and earlier for home buyers with pre-approved mortgages with rate locks when they were pre-approved, so roughly based on the mortgage rates prevalent in December through March, ranging from 3.2% to 4.7% (green box):

Continue Reading at WolfStreet.com…

Anyone Can Be a Billionaire if You Have the Right Structure

by Simon Black
Sovereign Man

On the November 27, 1095, Pope Urban II gave an impassioned speech at the Council of Clermont in central France, calling for Christian warriors to take up arms in a Holy War against the invading Seljuk Turks.

This was the start of the First Crusade. And over the next few centuries, several more would follow.

Soldiers from across Europe joined up and traveled great distances to fight in the Holy Land; quite often they were away from home for years at a time.

Eventually these fighters— and particularly the land-owning nobles— realized that they needed to arrange their business and personal affairs appropriately before leaving for war.

Continue Reading at SovereignMan.com…

What Will it Take to End Rampant Home-Price Inflation?

by Ryan McMaken
Mises.org

Real wages are falling, inflation is at a 40-year high, and the Atlanta Fed predicts we’ll find GDP growth at zero for the second quarter. Meanwhile, both the yield curve and money-supply growth point to recession.

But when it comes to the latest data on home prices, there’s still no sign of any deflation or even moderation. For example, the latest Case-Shiller home price data shows home prices surged above 20 percent year-over-year in April, marking yet another month of historic highs in home price growth. It’s now abundantly clear that a decade of easy money, followed by two-years of covid-induced helicopter money, has pushed home price growth to levels that dwarf even the pre-2008 housing bubble. This continues to make housing less affordable for potential first-time home buyers and for renters. Unfortunately, the options for “doing something” are limited, and probably require a recession.

Continue Reading at Mises.org…

On Losing “Roe”

by Dr. Naomi Wolf
LewRockwell.com

Last Friday, in a 6-3 ruling, the Supreme Court struck down the ruling Roe v Wade via its decision on Dobbs v Jackson Women’s Health Organization. Across the country, understandably, frightened and angry young women are protesting; screaming and weeping.

The organized, institutional, heavily funded US feminist movement, which for fifty years has predicated American feminist ideology, and its own donor appeals, on the foundation of defending Roe, is calling this ruling a travesty.

I am going to argue that the defeat of Roe is not in fact a defeat of women but a necessary evolution in the law, in response to women’s ascendancy in America over the last fifty years.

Continue Reading at LewRockwell.com…

Trump-Endorsed Candidates Remain On Fire After Going Perfect 12-0 in Tuesday’s Primaries

by Nick Gilbertson
Breitbart.com

Candidates endorsed by former President Donald Trump stayed red-hot Tuesday night in Colorado, Illinois, Oklahoma, and Utah, taking home sweeping wins in all states. The perfect night for Trump-backed Republicans puts the 45th President’s endorsement record at 144-10.

In Colorado, Trump-endorsed Rep. Lauren Boebert (R-CO) handily secured her renomination in the Third Congressional District, beating out her primary challenger, Don Coram. With 90 percent of the vote reporting, she took home 64.2 percent of the electorate, per the Associated Press’s (AP) election results published by the New York Times.

Boebert secured Trump’s endorsement back in December.

Continue Reading at Breitbart.com…

Just Paddling While the Empire Burns

by James Quinn
The Burning Platform

The phrase “fiddling while Rome burns” is an intriguing idiom, referencing the great fire which ravaged Rome for six days in 64 A.D. and the legend that Nero, one of the most sadistic, decadent, and cruel rulers of all-time, instead of taking action to stop the fire, played his lyre while composing a song about Rome’s destruction. The Roman historian Tacitus wrote that Nero was rumored to have sung about the destruction of Rome while watching the city burn but it’s likely this was just a myth.

The fire destroyed seventy percent of the city and left half the population homeless. There are those who believe Nero set the fire on purpose, especially after he used land cleared by the fire to build his Golden Palace and its surrounding pleasure gardens. Being a soulless autocrat at heart, Nero did what all feckless politicians do, he blamed the Christians (an obscure religious sect at the time) for the fire and had many arrested and executed.

Continue Reading at TheBurningPlatform.com…

How to Think Clearly in a Volatile Precious Metals Market – Monthly Wrap Up

by Craig Hemke
Sprott Money

As we close the books on June, precious metals are flipping, flopping, and grinding lower. What’s an investor to do? Host Craig Hemke and Real Vision co-founder Grant Williams break down the month’s gold and silver news to help you keep your head amid all the volatility.

In this edition of The Monthly Wrap-Up, you’ll hear:

– What might be the biggest driver of a Fed pivot
– Why Central Banks could get “punched in the nose” by markets
– Plus: should silver still hold a place in your portfolio?

Continue Reading at SprottMoney.com…

The Left-Wing Insurrection Intensifies

by Paul Krause
American Thinker

It’s only insurrection when the other side does it! For one and a half years, the Left and its media allies have peddled the narrative of a Republican insurrection. Meanwhile, Democrats and their supporters burn federal courthouses, attack property rights and the rule of law, and now call the Supreme Court illegitimate after its ruling on Dobbs v. Jackson.

This isn’t just a few fringe voices. Prominent legal analysts and authors are calling the Court illegitimate. The chair of the Democrat National Committee has pulled out the bullhorn to condemn the Court. Writers at Teen Vogue, whatever one thinks of Teen Vogue, have also used their cultural clout and reach to spew their propaganda. The “mainstream” of the Democrat Party and their allies are calling the Court illegitimate; they have joined the very far-left that have been saying this for decades.

Continue Reading at AmericanThinker.com…