PBOC Unveils $42 Billion Monetary Cannon To Boost Debt-Stricken Housing Market
PBOC Unveils $42 Billion Monetary Cannon To Boost Debt-Stricken Housing Market China’s struggling housing market is set to receive a boost from a new nationwide program funded by the People’s Bank of China to address oversupplied conditions. As a critical driver of the domestic economy, the nation’s housing market has been in a multi-year slump. This latest initiative […]
Out Of Control Inflation: It Now Takes At Least $177,798 For A Family Of 4 To Live Comfortably In The US
Out Of Control Inflation: It Now Takes At Least $177,798 For A Family Of 4 To Live Comfortably In The US Authored by Michael Snyder via The Economic Collapse blog, I never imagined that we would ever see a time when it takes $177,798 for a family of four to live comfortably in the United […]
Former Greenlight Employee Offers To Debate David Einhorn Over Merits Of Tesla Short
Former Greenlight Employee Offers To Debate David Einhorn Over Merits Of Tesla Short A former Greenlight Capital employee, who is embroiled in a lawsuit against his former employer for defamation, claims the firm “fundamentally misunderestimates” Tesla and is seeking to debate Greenlight President David Einhorn on the topic. On a post on X, the employee, […]
Is Buffett’s Cash Hoard A Market Warning?
Is Buffett’s Cash Hoard A Market Warning? Authored by Lance Roberts via RealInvestmentAdvice.com, Every year, investors anxiously await the release of Warren Buffett’s annual letter to see what the “Oracle of Omaha” says about the markets, the economy, and where he is placing his money. “One of the longest-running traditions in modern finance is that every year, […]
China Pledges Response to Biden Administration’s Expanded Tariffs
China condemned the Biden administration’s decision to increase tariffs on various Chinese imports and vowed to take unspecified retaliatory actions. The new tariffs, ranging from 25% to 100% on items like semiconductors and electric vehicles, follow a review of tariffs initially imposed by former President Trump.
Silver Surges Past Gold, Ratio Suggests Further Gains to Come
Silver has taken the spotlight, soaring to $30 per ounce and outpacing gold’s gains this year. While gold’s record-setting rally grabbed headlines, silver’s surge, driven by strong financial and industrial demand, has made it one of the top-performing commodities of 2024. The gold-to-silver ratio, which currently stands at about 80 ounces of silver to one […]
GameStop Crashes On Plan To Dump 45 Million Shares On Market
GameStop Crashes On Plan To Dump 45 Million Shares On Market Sunday: pic.twitter.com/YgjVqtgcNS — Roaring Kitty (@TheRoaringKitty) May 13, 2024 Roaring Kitty’s post on X unleashed a mega short squeeze in heavily shorted Gamestop and AMC Entertainment Holdings between Monday and Wednesday. On the first day of the mania, we pointed out, “You know Jefferies bankers are burning the […]
World’s #1 Golfer Tossed Against Car, Arrested In Kentucky — Calls “Very Chaotic Situation”
World’s #1 Golfer Tossed Against Car, Arrested In Kentucky — Calls “Very Chaotic Situation” The world’s #1 golfer Scottie Scheffler was arrested and taken to jail on several charges – including a felony charge of assaulting a police officer, after he tried to bypass a massive traffic backup to enter the Valhalla Golf Club in […]
Turley: Will The Trump Jury Realize They Are Being Played By The Prosecution
Turley: Will The Trump Jury Realize They Are Being Played By The Prosecution Authored by Jonathan Turley, Below is my column in Fox.com on the approaching end of the Trump trial in Manhattan. With the dramatic implosion of Michael Cohen on the stand on Thursday with the exposure of another alleged lie told under oath, […]
BREAKING: Silver Trades Above $30/oz First Time In Over a Decade
Silver prices have reached $30 per ounce, marking a significant milestone driven by strong industrial demand and favorable market conditions. This surge reflects investor confidence in the metal’s future, bolstered by increasing applications in technology, renewable energy, and electronics. The rally is part of a broader trend in precious metals, silver is now up 5.6% […]