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Latest Articles: Business/Finance
Jim Cramer to Investors: Buy Gold, Don't Dump Your Stocks Now
Post Date: 2018-12-23 07:07:10 by BTP Holdings
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Jim Cramer to Investors: Buy Gold, Don't Dump Your Stocks Now By F McGuire | Friday, 21 December 2018 08:46 AM Investment guru Jim Cramer tells investors there’s a bull market in gold and you’d be wise to buy the precious metal right now. The “Mad Money” host advised on CNBC that selling stocks now may prove to be a costly mistake. Cramer says Federal Reserve Chairman Jerome Powell seemed to ignore “serious” weaknesses in the U.S. economy and hiked rates anyway. “I have a better read on the economy than the Fed and I know they’re not going to listen to me,” Cramer said. “I feel powerless, just like 2007, when I ranted that the ...
Iran executes corrupt businessman dubbed ‘Sultan of Bitumen’
Post Date: 2018-12-22 07:11:46 by Tatarewicz
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Presstv... Iran has executed a corrupt businessman for appropriating more than 10 trillion rials ($100 million) mainly by defrauding banks and a major oil refining firm. Hamid-Reza Baqeri-Dermani, nicknamed "the Sultan of Bitumen," was hanged on Saturday after conviction on the charge of “corruption on earth,” which carries capital punishment. The conviction had been issued by Tehran’s Public and Revolution Court, which had studied the 25,000-page case concerning Dermani and his associates. The court found him liable for stealing the sum through fraudulent activity, including forming a fraud network, mass-scale smuggling, bribery, and setting up front and ...
The Central Bank War – Nobody Notices
Post Date: 2018-12-21 09:52:16 by Ada
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QUESTION: Mr. Armstrong: I have watched in amazement how you connect all these elements. Everyone I spoke to agreed this was your best WEC ever. You have said the Fed needed to raise rates because of the pension crisis and it would have nothing to do with inflation but it has to normalize rates to help pensions. Then we have the ECB refusing to raise rates. Would you please comment on the Fed’s actions yesterday? Is this a central bank war? OM ANSWER: I understand this can get confusing because there are so many people who talk without any real-world experience. The Fed MUST raise rates to help the crisis in Pension funds. It raised the Fed Funds Rate (what banks charge each other) ...
Jew Alan Greenspan Admits the Federal Reserve is Increasing Interest Rates to Crash the Economy
Post Date: 2018-12-19 09:46:13 by Ada
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Seemingly out of nowhere, the former Jewish Federal Reserve Chairman Alan Greenspan has come out of hiding to do interviews about the economy. He did one with CNN where he basically said that the stock market will collapse because of a rising interest rate environment. He also predicted a great deal of problems with the economy moving forward. But who sets the interest rates? The free market sure as hell doesn’t. Interest rates are dictated by Fed policy. So essentially he is admitting that the Fed is increasing interest rates to crash the economy. Of course what’s happening now is no different than what’s happened many times before. The Fed maintains a loose monetary ...
Federal Reserve is Attempting to Sabotage the Economy with Aggressive Interest Rate Hikes
Post Date: 2018-12-18 08:49:34 by Ada
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The Federal Reserve and other central banks are at the very heart of Jewish usury. The Federal Reserve and other central banks around the world are nothing more than Jewish usury scams. They create money out of nothing on computers and allow banks to loan out multiple times the amount of assets they have on the books. And on these loans, banks are allowed to charge borrowers immense sums of interest. They are even allowed to use the money they create out of thin air to buy government bonds. This entire Jewish system should be abolished because it is ultimately designed to keep governments in perpetual debt. This fraudulent system is the reason why almost every government in the world has ...
China steady on Iran oilfields, to ditch South Pars project: Report
Post Date: 2018-12-14 00:09:15 by Tatarewicz
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PressTV... China National Petroleum Corp (CNPC) has decided to continue investing in two major Iranian oilfields but suspend investment in the South Pars natural gas project, Reuters claimed on Wednesday. CNPC convinced the US to continue investing in the North Azadegan and Masjid-i-Suleiman (MIS) oilfields, the news agency quoted two unidentified Chinese sources as saying. Senior US officials reportedly met CNPC executives in Beijing, most recently in October, and pressed them against injecting fresh financing in Iran. The Chinese company convinced the US that it needed to continue investing in the two Iranian fields to recoup the billions of dollars spent under buy-back contracts ...
Jim Cramer: 'Rise of Machines' Worsened Stock Market Plunge
Post Date: 2018-12-07 08:12:22 by BTP Holdings
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Jim Cramer: 'Rise of Machines' Worsened Stock Market Plunge (Shao-chun-Wang/Dreamstime) Wednesday, 05 December 2018 11:40 AM Read Newsmax: Jim Cramer: 'Rise of Machines' Worsened Stock Plunge | Newsmax.com Important: Find Your Real Retirement Date in Minutes! More Info Here CNBC's Jim Cramer blamed trading algorithms for Tuesday’s stock-market plunge. The Dow Jones industrial average’s 800-point tumble on Tuesday "was all about the rise of the machines," Cramer explained on “Mad Money.” The investment guru said complex algorithmic programs, set up by professional money managers to sell when the odds of future market losses increase, ...
In surprise move, Qatar says to quit OPEC in Jan.
Post Date: 2018-12-04 07:42:42 by Tatarewicz
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PressTV... Qatar in a surprise announcement says it will leave the Organization of the Petroleum Exporting Countries (OPEC) next month in a move that appears to have been meant to take a swipe at the group’s de factor leader Saudi Arabia. Saad al-Kaabi, Qatar’s energy minister, told reporters in a news conference that Doha had informed OPEC about its decision on Monday morning. Kaabi denied speculations that quitting OPEC was linked to the country’s feud with Saudi Arabia and its allies. The decision was "technical and strategic" and had "nothing to do with the blockade," he said. In June 2017, Saudi Arabia, the United Arab Emirates (UAE), Bahrain, ...
It Still Bleeds, But It No Longer Leads
Post Date: 2018-12-03 08:54:32 by Ada
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The death of the newspaper industry is being hastened by those who want to profit off of it. President Donald Trump’s nickname notwithstanding, The New York Times is far from failing. The newspaper released its third quarter earnings report last month and by almost every metric it’s good news for the Gray Lady. With more than four million subscribers to its print and digital services (the most in its history) and digital advertising revenue up 17 percent, year over year operating profits rose by 30 percent to $41.4 million for the quarter. And yet, while our fraught political moment has generated a financial feast for the Times and other prominent newspapers, the death march ...
Jeremy Siegel: Trump 'Doesn't Want to Be Cause of Bear Market'
Post Date: 2018-12-01 20:00:29 by BTP Holdings
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Jeremy Siegel: Trump 'Doesn't Want to Be Cause of Bear Market' (iStock/Jim Vallee) By Newsmax Wires | Friday, 30 November 2018 02:03 PM Wharton School finance professor Jeremy Siegel says President Donald Trump can't blame Jerome Powell for a bad stock market now that the Federal Reserve chairman has appeared to walk back his comments on interest rate hikes. Siegel told CNBC that the pressure is on Trump "more than ever" to reach a trade agreement with China as he meets Saturday with Chinese President Xi Jinping at the G-20 summit in Buenos Aires, Argentina. "[Trump] doesn't want to be the cause of a bear market in 2019," Siegel said. For his ...
4 In-Demand Skills You Can Learn Online
Post Date: 2018-11-30 19:36:12 by Tatarewicz
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Entrepreneur ... High costs of college tuition and the growing abundance of online resources to learn about topics from computer science to blockchains have created an unprecedented opportunity for self-taught professionals and entrepreneurs. Consistently learning new skills and adapting to the evolving work environment is crucial to maintaining a fruitful career in today’s workforce. Many college graduates do not even work in the field that they majored in, and instead, work in an area that they initially received a job in out of college or taught themselves how to excel in. Whether you’re looking to transition into another field or just want to learn some new skills as a ...
GM Plans More Than 14,000 Job Cuts, 7 Factory Closings
Post Date: 2018-11-29 07:38:16 by BTP Holdings
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GM Plans More Than 14,000 Job Cuts, 7 Factory Closings (Lindaparton/Dreamstime) Monday, 26 November 2018 01:21 PM General Motors Co. will cut more than 14,000 salaried staff and factory workers and close seven factories worldwide by the end of next year, part of a sweeping realignment to prepare for a future of electric and self-driving vehicles. Four factories in the U.S. and one in Canada could be shuttered by the end of 2019 if the automaker and its unions don’t come up with an agreement to allocate more work to those facilities, GM said in a statement Monday. Another two will close outside North America. The Detroit-based company’s shares surged on the plan, which ...
Official: Iran, China Resolve Banking Problems for Oil Payments
Post Date: 2018-11-28 17:58:06 by Tatarewicz
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TEHRAN (FNA)- Head of Iran-China Chamber of Commerce Asadollah Asgaroladi announced on Wednesday that the problems related to Beijing's payment for crude purchased from Tehran have been resolved. "A Chinese bank will start its banking exchanges with the Iranian side on December 2," Asgaroladi said. He added that oil sales to China will start next week and its money will be paid to Iran within a month, noting, "The Chinese side is due to introduce its second bank for exchanges with the Iranian side in a month." Iranian officials have in many cases reassured that the vow to cut Iran's oil revenues to zero with the help of sanctions is the US wild dream never ...
China’s CNPC replaces Total in Iran’s South Pars project: Iranian oil minister
Post Date: 2018-11-26 20:35:51 by Tatarewicz
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Tehran says China’s state-owned energy giant CNPC has replaced Total in the multibillion-dollar South Pars gas project after the French company left Iran due to the return of US sanctions. Iran’s Petroleum Minister Bijan Zangeneh told the ICANA news agency on Sunday that CNPC will begin operations in the project, without providing further details. “China’s CNPC company has officially replaced Total in phase 11 of South Pars, but it has not started work practically,” he said. “Talks should be held with CNPC to determine when it will start its operational and executive activity.” In 2017, Total signed a contract to develop phase 11 of the South Pars ...
Russia & South Africa look to corner platinum metals market
Post Date: 2018-11-25 07:07:53 by Tatarewicz
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RT... Russia & South Africa look to corner platinum metals market The sun rises over Cape Town's historic Bo Kaap area, South Africa © Reuters The volume of trade between Russia and South Africa increased by 26 percent to almost $800 million in the first nine months of this year, according to Russian Minister of Natural Resources and Environment Dmitry Kobylkin. “The trade turnover between our countries is quite good. We hope it will reach $1 billion by the end of the year,” he said, adding that South Africa accounted for 20 percent of Russia’s total trade with all countries in the region. South Africa’s Minister of International Relations and Cooperation ...
The ‘Neo-Banks’ Are Finally Having Their Moment
Post Date: 2018-11-24 00:23:17 by Tatarewicz
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NYT... SAN FRANCISCO — After the financial crisis 10 years ago, unhappy customers were expected to flee the megabanks for smaller competitors. It didn’t happen. And the big banks became even more entrenched. Now another wave of alternative banks are at it again, and they say they’ve learned from the mistakes of the upstart banks that tried — and failed — before them. Chime, the biggest new name to pop up, has opened two million fee-free online checking accounts and is adding more customers each month than Wells Fargo or Citibank. That has inspired a crop of newer start-ups, like Empower, which started its first fee-free online checking accounts, with lots of ...
Conspiracy No More, Andrew Jackson On Wall Not A Coincidence, Central Bank Is The Target: Bob Kudla
Post Date: 2018-11-22 20:03:30 by BTP Holdings
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Today's Guest: Bob Kudla Poster Comment:Bankruptcy is on the horizon for many big companies, many of them public utilities.
Iran official rejects Iraqi gas payment in dinar
Post Date: 2018-11-21 08:28:18 by Tatarewicz
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PressTV... Iran's gas supply to Baghdad began last June at a rate of 7 million cubic meters per day. Iran’s Deputy Minister of Petroleum Amir Hossein Zamaninia says Iraq has to pay in euros for the gas imported from Iran, dismissing the use of the Iraqi dinar for the payment. “The National Iranian Gas Company does not agree that the payment for exports of gas to Iraq should be made in dinars because it should be made in euros, according to the contract,” ISNA news agency quoted him as saying. His remarks came after Iranian Ambassador to Baghdad Iraj Masjedi told Fars news agency that Tehran and Baghdad were considering using the Iraqi dinar in their transactions ...
Hell Hath No Fury Like a Liberal Scorned: The Media Turns on Facebook and Google
Post Date: 2018-11-20 10:33:44 by Ada
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Here's the ugly truth: Facebook and Google are profit-maximizing quasi-monopolies who will do anything to protect their monopolies. Of the many remarkable trend changes of the past year, few are more striking than the fawning embrace of Facebook et al. by Big Media turning to an enraged sense of betrayal. Facebook and Google--by their own self-definitions, shining beacons of liberalism and goodness (we're not evil, we're fantabulous!)-- were viewed by the famously liberal Big Media as allies in the fight against Trump, illiberalism, populism, deglobalization, etc. Now, to their horror, Big Media has discovered that not only did their Big Tech sweethearts betray their ...
Ray Dalio: Losing 'Reserve Status' Would Lead To 30% Drop In The Dollar
Post Date: 2018-11-19 15:20:16 by Ada
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During a live interview with Barry Ritholtz for his "Masters In Business" podcast on Monday, Bridgewater Associates CEO - who has been on a seemingly never-ending media tour to promote his new free e-book "A Template For Understanding Big Debt Crises" - once again expounded upon his "1937" markets thesis: That is, his theory that the US economy increasingly resembles the late-cycle dynamic from the 1930s where equity prices topped out as the Federal Reserve tightened monetary policy. Like the 1930s, the global economy is awash and debt, and populist politicians gaining power and influence in the West. But more interesting than Dalio's retread of his ...
After the Retail Apocalypse, Prepare for the Property Tax Meltdown
Post Date: 2018-11-17 19:40:04 by Tatarewicz
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WEST BEND, WI—Kraig Sadownikow doesn’t look like an anti-corporate crusader. The mayor of West Bend, Wisconsin, stickers his pickup with a “Don’t Tread on Me” snake on the back window, a GOP elephant on the hitch, and the stars-and-stripes logo of his construction company across the bumper. His fiscal conservatism is equally well billboarded: In the two hours we spent at City Hall and cruising West Bend in his plush truck, Sadownikow twice mentioned the 6 percent he has shaved off the Wisconsin city’s operating budget since becoming mayor in 2011, and stressed its efforts to bring more business to town. So you might be surprised to learn that Sadownikow (he ...
Why house prices in global cities are falling
Post Date: 2018-11-14 23:45:43 by Tatarewicz
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Economist... Housing in the posher parts of global cities has become a distinct asset class CENTRE POINT, a tower that looms over central London, was empty for so long in the 1970s that it lent its name to a homelessness charity. Recently it was converted from offices to flats. Half are yet to find buyers. So the developer has taken them off the market pending a clearing of the political fog over Britain. Its boss complained to Estates Gazette, a trade paper, of bids that were “detached from reality”. One-bedroom flats were on sale for £1.8m ($2.4m). Get our daily newsletter Even flats with less hefty price tags have been hard to shift lately. Property prices in London ...
Deputy Minister: Iran to Boost Capacity to Use Renewable Energies to 1,000MW
Post Date: 2018-11-11 21:43:34 by Tatarewicz
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TEHRAN (FNA)- Iranian Deputy Energy Minister for Electricity and Energy Affairs Homayoun Ha'eri announced the country's plans to increase its capacity to generate 1,000MW of power from renewable energies by the end of the current Iranian year (started on March 21). "The capacity for generating power from renewable energies amounted to 500MW last year and this capacity will reach 1,000MW by the end of this year," Ha'eri said, addressing a ceremony to inaugurate a 10-MW solar power plant in the Central province of Qom on Saturday evening. The Iranian government has taken steps to bolster the country’s renewable energy market, including its 5,000 MW objective by ...
Larry Kudlow: US Economy Can Handle Estimated Budget Deficits
Post Date: 2018-11-11 12:42:22 by BTP Holdings
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Larry Kudlow: US Economy Can Handle Estimated Budget Deficits By Rob Williams | Tuesday, 13 February 2018 04:03 PM Larry Kudlow, the Reagan administration economist who advised the Trump campaign, said the U.S. economy can handle the trillion-dollar deficits that are forecast to result from President Trump’s budget proposal released on Monday. “The deficit is going to be 5.5 percent of GDP for fiscal 2019. Over 10 years, it’s going to average about 3.5 percent,” Kudlow said on business channel CNBC, which pointed out that the deficit’s portion of economic output will be smaller than it was during the financial crisis and parts of the Reagan era. “In the ...
It's Fraud & Theft, The Central Banks Get Special Set Of Laws To Steal Our Wealth: Mike Maloney
Post Date: 2018-11-10 16:07:41 by BTP Holdings
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Website: Gold Silvergoldsilver.com YouTube: Gold Silverwww.youtube.com/user/whygoldandsilver Mike has one of the world's most highly regarded investment education companies since 2005. He is author of the best selling precious metals investment book of all time, Guide to Investing in Gold and Silver. Mike is the creator of the video series Hidden Secrets Of Money, Mike has two new episodes out called Fall Of Empires: Rome vs USA Ep 9) & American Bread & Circus Ep 10). Mike is the founder and owner of GoldSilver.com
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