from Gregory Mannarino
Fed Offers No Holiday from Inflation
by Stefan Gleason
GoldSeek
Heading into Memorial Day weekend, American motorists will see the highest prices at the pump since 2014, according to AAA. Gas prices now average $3.04 a gallon nationally – reflecting a jump of more than $1.00 compared to the same time last year.
A rising gasoline price is just one of many emerging symptoms of a larger inflation problem:
- A lack of housing inventory, low interest rates, and surging costs for building materials are pushing home prices through the roof.
- Billionaire Warren Buffett recently complained that he is seeing significant inflation pressures throughout the supply chains of businesses he owns.
- Beef is becoming increasingly unaffordable for many grocery shoppers, and rising food costs are forcing already beleaguered restaurants to hike menu prices.
These examples are even being confirmed by the government’s own notoriously understated Consumer Price Index (CPI) and Producer Price Index gauges.
“We Are Human Guinea Pigs”: Alarming Casualty Rates for mRNA Vaccines Warrant Urgent Action
by F. William Engdahl
Global Research
As official government data is emerging in Europe and the USA on the alarming numbers of deaths and permanent paralysis as well as other severe side effects from the experimental mRNA vaccines, it is becoming clear that we are being asked to be human guinea pigs in an experiment that could alter the human gene structure and far worse. While mainstream media ignores alarming data including death of countless healthy young victims, the politics of the corona vaccine is being advanced by Washington and Brussels along with WHO and the Vaccine Cartel with all the compassion of a mafia “offer you can’t refuse.”
The alarming EMA Report
On May 8 the European Medicines Agency (EMA) an agency of the European Union (EU) in charge of the evaluation and supervision of medical products, using the data base EudraVigilance which collects reports of suspected side effects of medicines including vaccines, published a report that barely warranted mention in major mainstream media.
White Reporter Sues Chicago Mayor Lori Lightfoot for Refusing Interview ‘On the Basis of Race’
by Tim Pearce
Daily Wire
The Daily Caller News Foundation (DCNF) and Judicial Watch sued Chicago Mayor Lori Lightfoot (D) Thursday after Lightfoot refused an interview by reporter Thomas Catenacci.
Catenacci, who is white, works for the DCNF and sought an interview with Lightfoot on Chicago’s efforts to vaccinate its citizens and other topics related to COVID-19, according to the DCNF. Lightfoot never responded to multiple requests for an interview, and earlier this month announced that she would only grant interviews to “black and brown” reporters.
“On May 20, 2021, Plaintiff Catenacci requested, by email, a one-on-one interview with Mayor Lightfoot,” says the lawsuit, filed in United States District Court for the Northern District of Illinois, Eastern Division. “Plaintiff Catenacci sent a follow-up email on May 21, 2021. He also sent a third email on May 24, 2021.”
Media Downplayed or Ignored These Eight Lab Leak Theory Facts for Over a Year
by Andrew Kerr
DailyCaller.com
Numerous media outlets have published stories within the last week confirming the legitimacy of the COVID-19 lab leak theory after denigrating the hypothesis as a baseless conspiracy for the first year of the pandemic.
The theory that COVID-19 may have leaked from the Wuhan Institute of Virology has steadily gained momentum in the media and the scientific community since early January when New York magazine published a lengthy expose detailing the legitimacy of the theory.
The straw that broke the camel’s back came Sunday after The Wall Street Journal reported that three researchers from the Wuhan Institute of Virology were hospitalized in November 2019 with COVID-like symptoms, according to a U.S. intelligence report obtained by the outlet.
Dismisinfoganda
by Robert E. Wright
The American Institute for Economic Research
Misinformation, i.e., wrong claims innocently made, and disinformation, i.e., wrong claims willfully made, have long consorted to create propaganda, a distorted worldview designed to achieve some political goal.
The lines between those lies have so blurred that only a neologistic portmanteau, dismisinfoganda, fully captures recent reality.
Like an old hip-hip song, let’s break it down:
dis = intentionally wrong claims (lies)
mis = unintentionally wrong claims (error)
dismis(s) = denying a claim without empirically engaging it
info = a claim about the real world
(propa)ganda = that which is propagare, i.e., propagated or spread
Ergo, dismisinfoganda is the politicized spreading or squelching of claims without, or counter to, adequate empirical evidence.
Senator Sherrod Brown Sends a Message to Wall Street Banks: You No Longer Own the Senate Banking Committee
by Pam Martens and Russ Martens
Wall Street on Parade
Senator Sherrod Brown opened yesterday’s Senate Banking Committee hearing with some fiery words about the mega banks on Wall Street, stating:
“Like most Americans, I want businesses to make money, and I don’t mind that bankers are rich. Some people are going to be wealthy, and that’s fine. Here’s the problem: under the current system, Wall Street profits no matter what happens to workers, because those profits now come at the expense of workers. And your banks are the ones that largely built that system.
“We often hear about the ‘invisible hand.’ But the economy isn’t physics – it’s not governed by scientific laws outside our control. It’s made up of people making choices about our values and the society we want to live in. The ‘invisible hand’ doesn’t lay off workers. The ‘invisible hand’ didn’t invent credit default swaps. The ‘invisible hand’ doesn’t decide to invest in private equity firms that buy up mobile home parks in Iowa and across the country, and jack up the rent.
Stock Market Cycles Tipping the Balance – Is Gold Setting Up for a Rally Above $2000 Again?
by Chris Vermeulen
Sprott Money
Gold has set up a very strong confluence pattern across multiple foreign currencies recently. This upside confluence pattern suggests that Gold has now moved into a much stronger bullish price phase compared to various currency pairs. This upside move in precious metals aligns very well with my broad market cycle phase research. I urge traders/investors to start paying attention as we transition into this new longer-term cycle phase.
[…] Recently, my team and I published a series of articles related to these longer-term cycle phases and how they related to the current market trends. The biggest concept we want to highlight is that we’ve transitioned away from an Appreciation cycle phase and into the early stages of a Depreciation cycle phase. Often, near this type of transition, the global markets experience a unique type of Excess Phase Peak. This type of price pattern happens because traders/investors are slower to identify the end of a trend and often attempt to continue the Thrill/Euphoric phase of the previous market trend – until the markets prove them wrong.
School Tells Valedictorian Not to Mention Certain Religious Language in Graduation Speech
by Penka Arsova
LaCorte News
The valedictorian of a high school in Michigan says the principal is blocking her from including certain religious content in her graduation speech.
The story: Elizabeth Turner, a senior student at the Hillsdale High School who was chosen as valedictorian, penned a graduation speech where she mentioned her faith in God and Jesus Christ. The principal of the school, Amy Goldsmith pushed back, telling the students that invoking her faith is inappropriate.
Turner’s draft speech read: “For me, my future hope is found in my relationship with Christ. By trusting in him and choosing to live a life dedicated to bringing his kingdom glory, I can be confident that I am living a life with purpose and meaning.”
“My identity is found by what God says and who I want to become is laid out in scripture. Whether we want to admit it or not, not one of us can be certain of how our lives will unfold, but we do know that trials will come. The reality of this is that we face an unpredictable future, and while we are making all these plans to prepare, ultimately none of us are promised tomorrow, making it all the more important to make today count.”
Australia Institutes Strict Lockdowns Again After 26 Tested Positive for Covid
by Mac Slavo
SHTF Plan
Australia has locked down 7 million people in the state of Victoria after 26 people tested positive for COVID-19. The rulers will “allow” people to leave their homes for food, exercise, or to get jabbed with the experimental gene therapy.
The state’s acting premier James Merlino announced the new weeklong “circuit breaker” lockdown on Thursday, telling reporters that the fresh outbreak would become “increasingly uncontrollable” in the absence of “drastic” action. So the drastic action necessary is slavery. It has become quite alarming that the Australians have not figured out the game yet.
Schools will also be closedd for the week, while in-person weddings, funerals, and religious gatherings are set to be barred entirely.
Fauci, Gates Both in Downward Spiral as Misdeeds Come to Light
It’s tough to be a globalist vaccine oligarch these days.
by Patrick Howley | National File
Info Wars
Dr. Anthony Fauci is reeling from multiple public relations nightmares, including worldwide skepticism of the Coronavirus vaccine and revelations that Fauci funded the Wuhan Institute of Virology’s bat coronavirus project prior to the outbreak.
That’s right. Fauci funded the coronavirus research at the exact facility that President Donald Trump and Mike Pompeo have spotlighted as the source of the outbreak.
Meanwhile, Fauci’s ally and benefactor Bill Gates is going through a messy public divorce and the exposure of new details about his close personal friendship with pedophile Jeffrey Epstein. It’s tough to be a globalist vaccine oligarch these days.
As NATIONAL FILE reported, published research shows that the CDC inflated Coronavirus death count numbers by at least 1600 percent in 2020, as the system counted gunshot wound victims as COVID deaths.
Fed’s Tsunami of Liquidity to Send Gold Returning to Record High Above $2,000
from King World News
Fed’s tsunami of liquidity to send gold returning to record high above $2,000.
Gold Returning To Record High Above $2,000
May 27 (King World News) – Ole Hansen, Head of Commodity Strategy at Saxo Bank: Gold and to a lesser extend silver continue higher with the yellow metal getting close to a technical level that, if breached, may trigger renewed focus on a return to the August record high above $2000. Spurred on by a friendly macroeconomic environment, the yellow metal now trades up on the year following a 14% rally from the April low.
Torq Resources Becomes an Even More Interesting Copper Play
from Kerry Lutz's Financial Survival Network
When we last spoke with Torq Resource’s (Tickers: OTCQX: TRBMF – TSX.V: TORQ) Executive Chairman Shawn Wallace (sponsor), he hinted that another major acquisition was on the way; in little more than a month, he’s delivered. Torq has optioned the Andrea Copper Porphyry Project, providing the company with an excellent opportunity to discover a world-class copper porphyry system. Its on the ground geologist network has done it again. Wallace indicates that further acquisitions should be expected. At the rate he’s been going, Torq has a great future prospects. With the recent surge in copper prices, the company is uniquely situated to build a portfolio of top-tier copper projects.
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No Free Rides in Life with Nick Santiago (Ep #275)
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.
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The Real Threat of Inflation with Gil Baumgarten
from Kerry Lutz's Financial Survival Network
The Fed is telling you that the current bout of inflation is just a temporary phenomena. But is it? Noted financial advisor Gil Baumgarten thinks otherwise, it could very well be here to stay. We discuss what will happen to bonds, stocks and real estate in this new economic environment. And don’t forget about gold and silver either.
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The Real Point of Cryptocurrencies is Not Their Price
by John Rubino
Dollar Collapse
The Wall Street Journal recently posted an email conversation between columnist Andy Kessler and billionaire Mark Cuban in which Cuban explains the real point of cryptocurrencies. Hint: It has nothing to do with the price of bitcoin or ethereum.
The Dallas Mavericks owner explains the allure and efficiency of digital ‘ownership.’
After my recent column on buying devices like iPhones but not really owning them, Mark Cuban, as he sometimes does, responded via email: “Nice argument for NFTs,” referring to nonfungible tokens. I’ve known Mr. Cuban since the last tech bubble, when he famously sold Broadcast.com in 1999 to Yahoo! for $5.7 billion, more than Apollo Global Management paid Verizon for the remnants of Yahoo, AOL and even Netscape earlier this month. He smartly hedged his position and bought the Dallas Mavericks in 2000.
The Greatest Casualty of Covid?
by James Rickards
Daily Reckoning
In Chapters One and Two of my new book, The New Great Depression, I explain how the pandemic originated from a bioweapons laboratory in Wuhan, China and how the virus spread around the world, regardless of policies such as lockdowns and masks, which proved to be useless.
But, in Chapter Five, I explore one of the least reported and potentially longest lasting legacies of the pandemic – mental health disorders.
Most experts and almost all everyday citizens are unaware of how the SARS-CoV-2 virus can penetrate the neural network and brain membrane, directly impacting cognition. Even more important are the long-term effects of adaptive behavior.
For the past 15 months, the U.S. population has been terrorized with demands for lockdowns, quarantines, social distancing, facemasks, skipping holidays, and now injections with experimental gene modification treatments, (which are not true vaccines in the traditional sense).