
Trump Seeks $850 Billion Stimulus Package, Stocks Rally
• https://moneymaven.io, by MishThe money spigots are on. As expected.
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The money spigots are on. As expected.
A lot has happened since Bob Moriarty and I spoke two weeks ago. Markets have crashed and volatility is at the highest levels in more than a decade, meanwhile, President Trump has now declared a national emergency due to the COVID-19 virus.
Finally, the paper silver market seems to be breaking down. At retail silver sellers like JM Bullion, prices are now about double the spot (rigged paper market) price. At the time of this writing, spot was $12.17 while 1-oz silver rounds were $21.52
Update (2000ET): Boeing - unsurprisingly - has issued a statement fully backing the idea of free money handouts from the government to save itself.
Earlier today, when discussing the launch of the "Lehman crisis playbook" in response to the Global Covid Crisis, we listed the alphabet soup of measures the Fed may launch which are a replica of the measures adopted in the aftermath of the Lehman co
Ernest Hancock and Derrick Slopey are LIVE from Maine for updates on the LOV3 Bus, Economy, Coronavirus, Headline News - Ralph Coffman joins the show
The U.S. has declared a national emergency as the coronavirus continues its sweep across the globe. I break down President Trump's statements and how markets have responded to the news.
Markets Keep Crashing Despite Fed Taking Interest Rates to Zero
And it was in the midst of shouts rolling against the terrace wall in massive waves that waxed in volume and duration, while cataracts of colored fire fell thicker through the darkness, that Dr. Rieux resolved to compile this chronicle, so that he sh
See the link to the Economy - Economics U.S.A. Category on Freedom's Phoenix beginning in July 2008 so you can see the trend of the market manipulation
Las Vegas casinos The Bellagio, MGM Grand, Mandalay Bay, The Mirage, Luxor and New York-New York will all close until at least May 1 amid coronavirus pandemic
Jay Powell has a lot of catching up to do, and very little time to do it. He's squandered so much already.
As the ultra rich Snake Plisken out of the soon-to-be quarantined Manhattan - where at least one bank has are already run out of $100 bills - to fortify themselves against the viral zombie peasant hordes in their impregnable castles in the Hamptons
...is Decades of Money Creation by the Fed
Federal Reserve INSANITY!!! What IS the Fed Doing? Luke & Tim Picciott discuss the massive financial consequences of the fed's recent announcement that they're lending $1.5 trillion in loans to banks.
Markets are rallying on hopes that the Trump administration and Congress will rescue the economy from a looming coronavirus slump. But turbulence could be ahead.
Ernest Hancock and Derrick Slopey are LIVE from Maine - Dr Phranq Tamburri and Tim Picciott join the show for The Trump and Economic Reports - LOTS OF NEWS...
From Mike on "Declare Your Independence with Ernest Hancock" Telegram Page... Stocks opened limit down and triggered circuit breakers at 7% for 15-minute hold. Will be interesting if it hits the next breaker and then the next to end trading for th
Read LetterDow plunges 10% in Wall Street's worst trading day since 1987 despite Fed pumping $1.5 TRILLION into bond markets amid panic over Trump's European travel ban
Central to the idea of a welfare state is the notion of the "safety net." The idea is that a free society is much like walking the high wire.
With an historic 2000 point drop in the Dow Jones Industrials on Monday in response to Saudi Arabia and Russia declaring an oil price war on, well, everyone it's clear that one of the two 'flations, deflation, has won out.
"We are concerned about the ability of the IRS to provide taxpayer assistance and process returns, as well as the ability of taxpayers, free tax preparation sites, and tax professionals to meet the filing deadline," reads the letter, according to McC
For millions of Americans, especially those on the cusp of retirement, this selloff has been a nightmare, but for humble Omaha billionaire Warren Buffett, it is undoubtedly a dream come true.
For millions of Americans, especially those on the cusp of retirement, this selloff has been a nightmare, but for humble Omaha billionaire Warren Buffett, it is undoubtedly a dream come true.
Trump Says 'Stay Calm, Coronavirus Will Go Away' After GOP Stimulus Meeting; $300 Billion Payroll Tax Cut Rumored
The monumental mistake of the Federal Reserve cutting rates this week can only be understood in the context of the rising God's complex of central planners. An overwhelming combination of ignorance and arrogance.
The last time Treasury Secretary Steven Mnuchin had a phone call with the President's Working Group on Financial Markets...
The last week has seen The Dow make several 1000-point-plus swings which were more than a little startling for many investors, veering dangerously close to a precipice which has 1929 written all over it.
What a week we just had in the precious metals market.
After almost the biggest single-day drop since Black Monday, it is hardly surprising that markets are bouncing back a little and all it took was the promise of 'very very substantial' relief to hard-working Americans hurt by the impact of the virus.