Silver as an investment

Monthly Archives: June 2016

Two Union Workers In Spain Haven’t Shown Up For Work In 15 Years

Imagine having a job where you didn't actually show up for 15 years, but you continued to get paid – that would be a pretty amazing gig wouldn't it? Well, as it turns out, two guys in Jerez, Spain actually pulled that off. Two men, a chauffeur and a gardener, have been collecting full pay […]

The Italian Job: “How Did Things Go So Bad?”

Submitted by Danielle DiMartino Booth via DiMartinoBooth.com, “You’re only supposed to blow the bloody doors off!” That one line, spoken on the big screen by Michael Caine was crowned, according to a 2003 Daily Telegraph survey, Britain’s favorite one-liner of film. That kind of staying power is remarkable considering The Italian Job, the original that […]

Still Report #988 – Attorney General Meets Secretly With Clinton on Private Airplane

Stocks Bounce, Bonds Bid, But Gold Soars To Best Year Since 1980

zerohedge.com / by Tyler Durden / Jun 30, 2016 5:25 PM Overheard everywhere this week… But it seems something changed… READ MORE The post Stocks Bounce, Bonds Bid, But Gold Soars To Best Year Since 1980 appeared first on Silver For The People.

It Gets Real: Manhattan Apartment Sales Plunge

wolfstreet.com / by Wolf Richter • June 30, 2016 And Manhattan condo prices plummet 14.5% in 3 months. Real estate is local. And so housing bubbles are local. When enough of them happen, they coagulate into a national phenomenon. This has already happened. In March 2013, we started calling this phenomenon Housing Bubble 2, and we’ve watched in awe […]

Disability Overpayments: Low-Hanging Fruit

davidstockmanscontracorner.com / Laura Wiltshire, via NCPA • June 30, 2016 According to the most recent Trustees Report, the Social Security Disability trust fund, which would have been depleted by the end of this year, will now run dry in 2019, thanks to a little finagling of the payroll tax. But this is a short-term solution to a program […]

JPM Head Quant Explains How The Algos Traded The Brexit Crash, And Why He Sees “Elevated Risk”

zerohedge.com / by Tyler Durden / Jun 30, 2016 5:17 PM When looking at the kneejerk devastation in the aftermath of the Brexit vote, JPM’s head quant Marko Kolanovic said that he expects up to $300 billion in program selling, coupled with 5-10% in near-term downside to the S&P500. While Kolanovic was correct about quant and technical fund flows, […]

Do the Charts Agree With George Soros on Brexit?

financialsense.com / CHRIS CIOVACCO / 06/30/2016 Current Rally Impressive, But… Stocks have staged an impressive rally off the recent Brexit low, which may turn into a push to higher highs. However, as noted on Twitter, the S&P 500’s chart currently contains two lower highs, and a recently printed new multi-month low. The chart may very well improve, but […]

Judicial Watch Demands DOJ Inspector General Probe Into “Scandalous” Lynch-Clinton Meeting

The political scandal of the day was the news that on Monday evening (coincidentally just before the Benghazi report was released), Bill Clinton and US Attorney General Loretta Lynch just happened to meet on the tarmac at a Phoenix airport – totally unplanned of course. Clinton saw the attorney general and wanted to say hello, […]

The US Should Have 10,000 Members of Congress

mises.org / Ryan McMaken on 06/29/2016 Yesterday, we looked at how the European Union functions on a model of “democracy” that is based on very large constituency sizes, thus reducing access to policymakers, and reducing the ability of ordinary taxpayers to influence the lawmaking process. (The more residents there are for each elected official, the larger the constituency […]