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Category 6? If Hurricane Irma Becomes The Strongest Hurricane In History, It Could Wipe Entire Cities Off The Map

Meteorologists have been shocked at how rapidly Hurricane Irma has been strengthening, and they are already warning that if it hits the United States as a high level category 5 storm the devastation would be absolutely unprecedented.  Of course we are already dealing with the aftermath of Hurricane Harvey, and many experts are already telling us that the economic damage done by that storm will easily surpass any other disaster in all of U.S. history.  But there is a very real possibility that Hurricane Irma could be even worse.  According to the National Hurricane Center, at 5 PM on Friday […]

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Could Yesterday’s Total Eclipse Mark a Major Turning Point?

Were you one of the lucky ones able to witness the total eclipse yesterday, as it moved on its west to east path across the middle of the U.S.? Whether you did or not, there’s probably something about this event that you HAVEN’T heard… My friend Andrew Pancholi, cycle whiz from London and creator of the Market Timing Report, recently told me that yesterday’s path of totality across the U.S. looked eerily similar to the one that occurred at the beginning of the Civil War… and that this could signal America as the starting point to broader civil wars and political restructurings around the […]

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The Dow Closes At A Record High For The 9th Straight Time But Experts Warn That A Stock Market Crash Could Be Imminent

The bigger they come, the harder they fall.  On Monday, the Dow Jones Industrial Average closed at a record high for the ninth straight session.  It has been a remarkable run, but many experts are pointing out that big trouble is brewing under the surface.  As you will see below, 79 components of the S&P 500 have already dropped more than 20 percent below their 52-week highs, and it is mostly just a handful of high flying tech stocks that are still propping up the market at this point.  Over the past several weeks, I have been documenting so many […]

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The U.S. Is Inches From A War With North Korea In Which Millions Could Die

We are just inches away from the outbreak of World War III, and yet most Americans seem completely oblivious to what is happening.  On Friday, North Korea conducted a missile test which proved that it now has the capability of hitting major U.S. cities in the western half of the country.  Every diplomatic effort to end North Korea’s nuclear program has completely failed, the Chinese have shown that they do not intend to do much of anything to intervene in this crisis, and the United Nations is a dead end.  Given enough time, the North Koreans will build hundreds of […]

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Janet Yellen Says A New Financial Crisis Probably Won’t Happen ‘In Our Lifetimes’ But The BIS Says One Could Soon Hit ‘With A Vengeance’

Federal Reserve Chair Janet Yellen is quite convinced that the United States will not experience another financial crisis for a very long time to come.  In fact, she is publicly saying that she does not believe that another one will happen “in our lifetimes”.  But there are other central bankers that see things very differently.  In fact, a new report that was just released by the Bank for International Settlements is warning that a new financial crisis could soon strike “with a vengeance”.  So who is right? It would be nice if it turned out that Yellen was right.  Nobody […]

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New Normal Could Plunge Economy into Recession

The big news from the Federal Reserve wasn’t the quarter point rate hike (which was expected). The big news was Fed chair Janet Yellen’s announcement of “balance sheet normalization.” Fed Chair Janet Yellen claims the central bankwill soon unwind its balance sheet. In plain English, the Fed claims it will begin selling off assets from its balance sheet, which remains bloated from previous Quantitative Easing programs. If “normalization” does actually proceed at full speed, it would entail $ 50 billion in financial assets per month being dumped into the market. Not even Fed officials know how markets will react to […]

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Central Banks Now Own Stocks And Bonds Worth Trillions – And They Could Crash The Markets By Selling Them

Have you ever wondered why stocks just seem to keep going up no matter what happens?  For years, financial markets have been behaving in ways that seem to defy any rational explanation, but once you understand the role that central banks have been playing everything begins to make sense.  In the aftermath of the great financial crisis of 2008, global central banks began to buy stocks, bonds and other financial assets in very large quantities and they haven’t stopped since.  In fact, as you will see below, global central banks are on pace to buy 3.6 trillion dollars worth of […]

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What You Do On Your Cell Phone Could Come Back To Haunt You

As far as Big Brother is concerned, nothing that you do on your cell phone is ever private.  And if the government really wants to see what is on your cell phone, they are going to get that information one way or another, even if that means resorting to physical violence.   On Monday, NBC News provided us with yet another glaring example of how the United States is being transformed into a Big Brother police state.  On January 1st, Akram Shibly and Kelly McCormick from Buffalo, New York were coming back home from a trip to Toronto, and they didn’t […]

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Why The Melted Fuel Under Fukushima Could Poison Our Planet With Nuclear Radiation For 1000s Of Years

Six years ago, an absolutely devastating tsunami caused a triple meltdown at Japan’s Fukushima nuclear power facility.  It was the worst environmental disaster in all of human history, and even though six years have passed since that time, nobody knows where the three melted cores are.  Just recently, authorities believe that they spotted some melted fuel underneath reactor 2, but even from a distance the level of nuclear radiation that was detected was being described as “unimaginable”.  Essentially what we are talking about are three enormous “dirty bombs” that are continuously emitting tremendous amounts of nuclear radiation into the air, […]

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Job Creation Could Fall off a Cliff in the Months Ahead

Let’s do a quick thought experiment… Imagine you’ve got two people in the workforce. Let’s say one is 40 and the other 65. When both are gainfully employed, the unemployment rate is 0%. We’re enjoying full employment within the labor pool. During the recession, the 40-year-old loses his job. With only two people in the labor pool, that means only half of the working age population that wants a job, has a job. Unemployment is at 50%. Ouch. As the economy recovers, the 40-year-old once again finds work. However, he’s earning less than he was before. Great news, sort of. […]

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