News Story of the Day: The Internal Revenue Service (IRS) is giving itself a round of applause as it announced that it possesses a 91 percent conviction rate for all tax crime cases. In its annual report of IRS investigations, the tax-collecting syndicate concluded that it gets its man 91.2 percent of the time. In […]
Archives for December 2019
Is silver set to soar as miners scale back?
By: Stefan Gleason Through the first half of 2019, silver significantly underperformed gold. Put another way, gold gained relative to silver – culminating in the gold:silver ratio registering a 27-year high of 95:1. That market signal was received by the mining industry. Since there are few primary silver producers, and those that do mine silver […]
‘SHE IS WARM’: MSM cries over Kamala Harris ending her 2020 campaign
Sen. Kamala Harris (D-CA) seemed to be the likely nominee of the Democratic Party heading into 2020. She had everything going for her: mixed race, female, liberal, and the backing of the mainstream media. Remember that shopping trip? Or, how about CNN’s hard-hitting questions about her favorite music. But it was not to be. Instead, […]
German banks begin to introduce subzero interest rates on deposits
It was bound to happen sooner or later: Financial institutions applying deposit charges. After several years of subzero interest rates instituted by the European Central Bank (ECB), German banks have finally blinked and now they are taking some haircuts. According to Bloomberg News, Volksbank Raiffeisenbank Fuerstenfeldbruck, a small regional bank in Munich, is set to […]
HOUSING BUBBLE 2.0: Fannie and Freddie scooping up larger loans
By: Andrew Moran Is the housing market about to crash? Some analysts find pockets of weakness in the real estate market as proof that the housing bubble 2.0 is about to pop. One of the biggest markets in the country, Los Angeles, has witnessed a 31% plunge in condominium sales in the third quarter. The sky is […]