71 Minutes Not Safe For Work Pete asked Donnie Gebert to do a livestream to give his take on what he believes the lasting effects will be on society, the economy and the national security state when it comes to the government's response to CV-19. Donnie is the author of "A Direct Republic: The Null Hypothesis of Politics (How to Automate a Legislature)." Donnie is former military intelligence whose method is meant to transcend party politics. A Direct Republic Donnie's Website Link to Richard Grove's Autonomy Course TakeHumanAction.com Donate at the Libertarian Institute Pete's Link to...
stock market
Peter Schiff Style, Roast of Democrat Economics
Democrats argue for a high minimum wage, as they criticize Reaganomics for causing unemployment. But they have the situation backwards. The Minimum wage causes unemployment, and Reaganomics caused a financial boom that for decades created wealth that rose the middle class. In this political comedy episode, we dive into the reasons behind progressives’ logical fallacies and learn the truth behind the unemployment spike in the early 1980s.
Wall Street Journal: Rich Get Richer
Due to government economic policy: The decadelong economic expansion has showered the U.S. with staggering new wealth driven by a booming stock market and rising house prices. But that windfall has passed by many Americans. The bottom half of all U.S. households, as measured by wealth, have only recently regained the wealth lost in the 2007-2009 recession and still have 32% less wealth, adjusted for inflation, than in 2003, according to recent Federal Reserve figures. The top 1% of households have more than twice as much as they did in 2003. This points to a potentially worrisome side of...
We Are Still Undergoing A Massive Stock Market Cycle Shift
Going into the end of last year and at the start of this year I released a series of videos in which I said that the stock market weakness last year and gyrations across multiple financial markets represented a major stock market cycle shift that would lead to a very nasty bear market. The stock market rally that began the day after Christmas has not changed my view on this, because we are seeing new leadership sectors emerge inside the stock market while past leaders continue to falter. If you want to beat the market you MUST focus on this reality I know everyone is obsessed now with the...
The Federal Reserve And The Price Of Gold In 2019 – Mike Swanson
Today Jerome Powell and the Federal Reserve is holding an FOMC meeting and before the meeting the members are talking among themselves about ending their QT bond program. This all represents the end of the tightening cycle and is helping to put in a top in the US dollar index on the technical analysis charts and is an attempt to stop any future stock market drops. I did a video to talk about this you can watch here: https://www.youtube.com/watch?v=elWHKLmzG1w
Stock Market Predictions For 2019 (What Analysts Say And What The Market Is Telling Us)
We saw some wild stock market swings in the last three months of last year. Some say these are just “buy the dip” opportunities while others see the rally at the end of the year as a dead cat bounce on the technical analysis charts. The Wall Street analysts are all bullish on the market for 2019. That is their predictions. In this video I give my take on why we should be very cautious to just grab on to such predictions.
Here Is Why The Stock Market Is Really Dropping
The stock market has been going up and down wildly for months, actually more down than up on the technical analysis charts. This is hurting stock traders and stock market investors. The other week the Federal Reserve raised rates and the market fell more so the focus the past few days has been on that news, but more is actually going on. I believe we are at the end of the stock market bull market cycle and that means we are also at the end of this economic cycle too as I explain here: https://www.youtube.com/watch?v=Ymyw5MY-49A
Episode 197: Has the Bubble Arrived w/ Dr Mark Thornton?
43 Minutes Suitable for All Ages Pete asked Dr Mark Thornton to return to the show to talk about the state of the economy. Mark is a Senior Fellow at the Mises Institute and wrote an article in 2004 entitled, "Housing - Too Good to Be True," in which he laid out the path the housing market would take to the crash in 2008. Who better to talk to about the coming crisis? Housing - Too Good to Be True Dr Thornton Mises Page Pete's Patreon Pete's Books on Amazon Pete's Books Available for Crypto Pete on Facebook Pete on...
This Chart Shows Where We Are In The Financial Cycle
The yield curve is flattening and that means that we are late in this economic and stock market cycle. The yield curve flattens when the short-term rates get closer to the long-term rates and can actually get inverted if short-term rates go higher than the long-term rates. For instance if the two year Treasury bond is paying 3% and the ten year bond is paying 2% you have an inverted yield curve. The Fed controls the short-term rates much more than it does long-term rates so this happens when traders buy the long-term bonds in anticipation of the Fed eventually lowering rates. A flattening...
Facebook Just Lost $50 Billion in Market Value Over the Last Two Days
This article originally appeared at Anti-Media. The Cambridge Analytica scandal has Facebook feeling it where it counts most for a publicly traded company — investor confidence. On Friday, the social media giant’s closing stock price was $185.09, making it worth about $538 billion. The next day, the news broke that data consulting firm Cambridge Analytica, which worked with Donald Trump on the 2016 election, had allegedly obtained unauthorized access to some 50 million Facebook accounts. The effects were felt immediately, and not just in the area of privacy concerns. Facebook...
Shop Our Books
Voluntaryist Handbook
Hotter Than The Sun: Time To Abolish Nuclear Weapons
[playlist artists="false" images="false"...