The Little Putsch That Could Beget a Great Big Coup

By David Stockman This post The Little Putsch That Could Beget a Great Big Coup appeared first on Daily Reckoning. So let’s start with two obvious points about the whole Russia fiasco… Namely, there is no “there, there.” First off, the president has the power to declassify secret documents at will. But in this instance he could also do that without compromising intelligence community (IC) “sources and methods” in the slightest. That’s because after Edward Snowden’s revelations in 2013, the whole world was put on notice — and most especially Washington’s adversaries — that it collects every single electronic digit that passes through the worldwide web and related communications grids. Washington essentially has universal and omniscient SIGINT (signals intelligence). Acknowledging that fact by publishing the Russia-Trump intercepts would provide new knowledge to exactly no one. Nor would it jeopardize the lives of any American spy or agent (HUMINT). It would … Continue reading

The Future Is Arriving… Big Gains Are Happening Now

By Ray Blanco This post The Future Is Arriving… Big Gains Are Happening Now appeared first on Daily Reckoning. You can be in the right place at the right time for good things to happen by coincidence. Or you can plan to be in position to win. Today, I’m going to tell you how to put yourself in a winning position. With one of my favorite breakout companies of the last year. Old Dog, New Chips If you’ve tracked tech stocks at all in the last two years, Nvidia (NASDAQ: NVDA) might sound familiar. Nvidia got its start popularizing the graphics processing unit (GPU). This was a perfect place to be back in the 1990s, as the PC gaming market was starting to take off with new immersive games that demanded greater graphics-processing power than was normally available. In this decade, Nvidia has leveraged that original technology in new and … Continue reading

Valuable Insights from Around the Web – Wed 21 Jun, 2017

By Cory Small-Cap Investors Have Never Been So Complacent I am currently stuck in the Seattle airport because all flights seem to be delayed which already made me miss my connection. I figured I could re-post this article from Dana Lyons focused on investor complacency. Let’s remember that large cap investors have been extremely complacent this year with he VIX (S&P volatility index) trending around 30 year lows. Now we are seeing small cap investors join the complacent camp as Dana outlines below. Click here to visit Dana’s free blog for more great insights. … Volatility expectations in the small-cap space just hit their lowest level on record. We are not the first to note that one of the hallmarks of the latest stage of the bull market in U.S. stocks has been extremely subdued volatility (the recent tech wreck, notwithstanding). Articles covering the historically low levels of the S&P … Continue reading

Is Trump a Modern Caesar?

By Bill Bonner Putting on the Purple Mayor: Drebin, I don’t want any more trouble like you had last year on the South Side. Understand? That’s my policy. Drebin: Yes. Well, when I see five weirdos dressed in togas stabbing a guy in the middle of the park in full view of 100 people, I shoot the bastards. That’s my policy. Mayor: That was a Shakespeare in the Park production of Julius Caesar, you moron! You killed five actors! Good ones. – The Naked Gun Laura Loomer, the first protester to rush the stage to interrupt the enactment of stabbing Donald “Caesar” Trump in a new version of Shakespeare’s play Julius Caesar. Apparently it has been transformed into some kind of leftist/ establishment/ Deep State wish fulfillment fantasy, which in turn has predictably triggered supporters of Mr. Trump. Since Ms. Loomer first rushed the stage, other protesters have followed her … Continue reading

Valuable Insights from Around the Web – Tue 20 Jun, 2017

By Cory Fundamental charts: US Markets and US GDP These 2 chats below were sent to me by our friend Ronni Stoeferle. The two charts are presenting different hard data but all together they outline just how streched US equity markets are compared to US GDP. Take a look and let us know what you think. I apologize for the lack pf postings today. It was a full day on the Rye Patch properties. We will provide full coverage on this weekend’s show. Back in the day, when fundamentals used to matter… pic.twitter.com/yJcBk8Ybnh — D.Schrottenbaum, CFA (@David_Schro) June 20, 2017 groundhog day? The Atlanta Fed’s GDPNow forecast for the second-quarter growth (green line) fell below 3%. pic.twitter.com/xSHtV6ubRj — Ronnie Stoeferle,CMT (@RonStoeferle) June 20, 2017 …read more Source:: The Korelin Economics Report The post Valuable Insights from Around the Web – Tue 20 Jun, 2017 appeared first on Junior Mining Analyst. … Continue reading

Pope Francis and Angela Merkel: Enemies of European Civilization

By Antonius Aquinas Pushing the Global Warming Scam Two of Europe’s greatest contemporary enemies recently got together to compare notes and discuss how they were going to further undermine and destabilize what remains of the Continent’s civilization. Pope Francis and German Chancellor Angela Merkel met on June 17, in the Vatican’s Apostolic Palace to discuss the issues which will be raised at a Group of 20 summit meeting in Hamburg, from July 7-8. Preparing for the G-20 gab fest: Pope Francis and Angela Merkel, two of the most harmful busybodies and world improvers of modern times. Photo credit: Credit Ettore Ferrari / European Pressphoto Agency The Vatican said that Frau Merkel and the Pope discussed “the need for the international community to combat poverty, hunger, terrorism and climate change.”* Ms. Merkel, in an obvious swipe at US President Donald Trump, said that “we are a world in which we want … Continue reading

100% Chance of Recession Within 7 Months?

By Brian Maher This post 100% Chance of Recession Within 7 Months? appeared first on Daily Reckoning. We asked this question one week after Trump was elected: “What does history predict for the Trump presidency?” The answer we furnished — based on over a century of data — was this: A 100% chance of recession within his first year. Not a 90% chance, that is. Not even a 99% chance. But a 100% chance of recession. That answer came by way of a certain Raoul Pal. He used to captain one of the largest hedge funds in the world. And to prove his case he called the unimpeachable witness of history to the stand… Crunching 107 years worth of data, he showed the U.S. economy enters or is in a recession every time a two-term president vacates the throne: Since 1910, the U.S. economy is either in recession or enters … Continue reading

Recession Could Be Closer Than Most Realize

By James Rickards This post Recession Could Be Closer Than Most Realize appeared first on Daily Reckoning. The conventional definition of gross domestic product, GDP, has four main parts. These are consumption, investment, government spending, and net exports. This definition is usually expressed in equation form as GDP = C + I + G + (X – M). But, these parts do not affect the economy equally. Consumption is far and away the most important component. Consumption is almost 70% of the total economy. In the most recent quarterly report from the Commerce Department, total annualized GDP was $19 trillion and consumption was $13 trillion, or 68%. The impact of consumption does not stop there. If consumption slows down, investment may slow down. Businesses will not invest in buildings and heavy equipment unless the customers are there to purchase the output needed to justify those investments in the first place. … Continue reading