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Latest Articles: Business/Finance
[Part-4] BRACE FOR IMPACT: How Gold and Silver Perform During Currency Resets by Lynette Zang
Post Date: 2018-06-28 18:25:03 by BTP Holdings
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Michael Pento: When The Yield Curve Inverts Soon, The Next Recession Will Start
Post Date: 2018-06-28 07:38:41 by BTP Holdings
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Michael Pento: When The Yield Curve Inverts Soon, The Next Recession Will Start by Tyler Durden Wed, 06/27/2018 - 22:30 Collectively, the world's major central banks have pumped $1.1 trillion into the markets over the past year. The result of all this money printing is now well known: massively inflated real estate, stock and bond asset price bubbles, as well as extraordinary wealth and income gaps across society. Some day all of this insanity will end. But how? Will it unwind in an orderly and polite way, as the world's central planners hope? Or will be disorderly, resulting in painful portfolio losses and mass layoffs? Click for Full Text!Poster Comment:We are ...
US motorcycle manufacturer Harley-Davidson to move some production out of US to avoid EU tariffs
Post Date: 2018-06-26 02:54:14 by Tatarewicz
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PressTV... American motorcycle manufacturer Harley-Davidson, recently celebrated by US President Donald Trump as an example of what was going to go right for manufacturing in the US, has announced it is shifting more of its production out of the US as a result of retaliatory measures against American products by other countries. Harley-Davidson said on Monday it would move production of motorcycles shipped to the EU from the US to its international facilities and forecast the trading bloc's retaliatory tariffs, a reaction to the Trump administration’s tariffs on steel and aluminum imports to the United States, would add an additional $2,200 to the cost of motorcycles sold in ...
Economic Collapse Confirmed! $70 Trillion Dollar Dark Cloud Of Debt - Stock Market Crash 2018
Post Date: 2018-06-23 12:34:51 by BTP Holdings
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The most incredible video of the coming Economic Collapse and the next Great Depression. Today, America is nearly 70 trillion dollars in debt, and that debt is shooting higher at an exponential rate. Usually most of the focus in on the national debt, which is now 21 trillion dollars and rising, but when you total all forms of debt in our society together it comes to a grand total just short of 70 trillion dollars. Many people seem to believe that the debt imbalances that existed prior to the economic collapse and stock market crash of 2008 have been solved, but that is not the case at all. We are living in the terminal phase of the greatest debt bubble in history and a financial ...
It's All Starting To Happen At The Same Time, Beware The Crash Is Coming - Episode 1597a
Post Date: 2018-06-22 04:37:48 by BTP Holdings
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Online retailers are going to be hit with an online tax, this will not help the retail industry, it will only hurt it. US homes are less affordable and many first time buyers are being pushed out of the market. The Philly Fed crashed as did new orders. This is not a good sign. Russia has dumped US Treasuries and purchased more gold with its dollars it has received. The system is breaking apart and crashing all at the same time, the FED is pushing their narrative and they are hoping to keep control, this will be a fight to the end.
How Google Plans to Tap Into China's Retail Market
Post Date: 2018-06-21 05:46:47 by Tatarewicz
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Bloomberg... Google is investing $550 million in cash in China’s JD.com Inc. as the U.S. search giant pushes deeper into online commerce. Alphabet Inc.’s Google will buy newly issued Class A shares at $20.29 per share, equivalent to $40.58 per ADS, the companies said in a joint statement Monday. The pair plan to explore joint development of retail solutions in regions, including Southeast Asia, the U.S. and Europe. The deal comes just a week after Google struck an alliance with Carrefour SA to sell groceries online in France through the U.S. company’s platforms including Home and Assistant. The flurry of activity signals Google’s growing ambitions in e-commerce. The ...
Iran's oil minister calls on OPEC to resist Trump's calls to alter output policies
Post Date: 2018-06-20 04:02:59 by Tatarewicz
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PressTV... Iranian Oil Minister Bijan Zanganeh has called on the Organization of the Petroleum Exporting Countries (OPEC) to resist calls from Washington to alter its output policies. The "high prices in the market and the instability in the market" were created by the actions of US President Donald Trump, it is his responsibility said Zanganeh on Tuesday. Iran's oil minister is currently in the Austrian capital Vienna ahead of a meeting with his counterparts set for Friday, in relation to which he noted that he does not expect an agreement to be reached on changing its output policy in the upcoming meeting. "I don't believe in this meeting we can reach ...
Google Is Training Machines to Predict When a Patient Will Die
Post Date: 2018-06-19 18:47:47 by hondo68
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AI advances by the 'Medical Brain' team could help the internet giant finally break into the health-care business A woman with late-stage breast cancer came to a city hospital, fluids already flooding her lungs. She saw two doctors and got a radiology scan. The hospital’s computers read her vital signs and estimated a 9.3 percent chance she would die during her stay.Then came Google’s turn. An new type of algorithm created by the company read up on the woman -- 175,639 data points -- and rendered its assessment of her death risk: 19.9 percent. She passed away in a matter of days.The harrowing account of the unidentified woman’s death was published by Google in May in ...
Bitcoin can cause massive internet shutdown – report
Post Date: 2018-06-19 08:54:20 by Tatarewicz
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RT... Only supercomputers will be able to process cryptocurrencies in nearest future, and transactions can lead to an internet collapse, according to a recent report by Swiss-based Bank for International Settlements (BIS). “To process the number of digital retail transactions currently handled by selected national retail payment systems, even under optimistic assumptions, the size of the ledger would swell well beyond the storage capacity of a typical smartphone in a matter of days, beyond that of a typical personal computer in a matter of weeks and beyond that of servers in a matter of months,” the report said. Read more © Artur Debat Bitcoin’s skyrocketing growth was ...
If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?
Post Date: 2018-06-18 08:31:41 by Tatarewicz
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If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive? Michael Shellenberger , Contributor I write about energy and the environment Opinions expressed by Forbes Contributors are their own. Clipper yacht Liverpool 2018 passes the Burbo Bank Wind Farm on August 14, 2017, off Liverpool, England. (Photo by Christopher Furlong/Getty Images) Over the last year, the media have published story after story after story about the declining price of solar panels and wind turbines. People who read these stories are understandably left with the impression that the more solar and wind energy we produce, the lower electricity prices will become. And yet that’s not ...
Ford's plans for Michigan Central station
Post Date: 2018-06-17 16:57:36 by BTP Holdings
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Ford's plans for Michigan Central station Associated Press By COREY WILLIAMS, Associated Press 5 hrs ago © The Associated Press In this Thursday, June 14, 2018 photo, Bill Ford Jr., Ford Motor Company Executive Chairman and Chairman of the Board, poses in the Michigan Central Station in Detroit. Ford Motor Co. is embarking on a 4-year renovation… DETROIT — Ford Motor Co. plans to release details of its planned conversion of the long-vacant Michigan Central train station just west of downtown Detroit. The Dearborn-based automaker recently bought the 105-year-old building and is expected to redevelop the 500,000-square-foot (46,000-square-meter) structure as part of ...
Ford: Detroit Train Station Key to Autonomous Vehicle Plans
Post Date: 2018-06-17 03:12:48 by Dakmar
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DETROIT (AP) — Bill Ford looks past the tons of paint, plaster and steel needed to remake Detroit's blighted Michigan Central train station and sees more than just an iconic building in desperate need of a makeover. The executive chairman of Ford Motor Co. and great-grandson of founder Henry Ford envisions the future of the carmaker's foray into self-driving vehicles. Ford Motor Co. is embarking on a 4-year renovation of the 105-year-old depot and 17-story office tower just west of downtown. The massive project is expected to increase the automaker's footprint in the city where the company was founded, provide space for electric and autonomous vehicle testing and ...
Israel ecstatic over $1.2 billion drone deal with Germany
Post Date: 2018-06-17 02:44:28 by Tatarewicz
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PressTV... Israeli Prime Minister Benjamin Netanyahu has thanked German Chancellor Angela Merkel for her efforts in the approval of a more than one-billion-dollar deal to lease military drones from Israel. Netanyahu said the approval of the accord – an estimated 1.2 billion dollars worth -- by Germany's parliament to lease Israeli-built surveillance drones for nine years would strengthen bilateral security relations between Berlin and Tel Aviv. “I want to personally thank Chancellor Merkel, with whom I spoke only ten days ago on the subject. She told me she’d pass it on to parliament and she did,” the Israeli premier said. "It's a huge deal. It has ...
Netanyahu offers Israeli water tech to Iran
Post Date: 2018-06-16 06:37:36 by Tatarewicz
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In English video, PM says he wants to help the Iranian people solve their water crisis despite the regime's cries of 'Death to Israel' Prime Minister Benjamin Netanyahu released a video Sunday in which he offered Israel’s water expertise to an Iran he said faces an environmental disaster due to persistent drought. “Today I’m going to make an unprecedented offer to Iran,” Netanyahu said in the English-language video, which featured links to the State of Israel’s Persian website with information about water shortage, and to a Persian-language Telegram account. “It relates to water,” Netanyahu says in the video, after pouring himself a glass ...
'Crooked Hillary' and 'Slippery Comey': Horowitz About to Drop a Bomb – Analyst
Post Date: 2018-06-15 08:40:11 by Ada
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The Horowitz report may explain the motivation behind Hillary Clinton and her associates relying so heavily on secret private servers, Wall Street analyst Charles Ortel told Sputnik, adding that the report is likely to trigger US voters’ interest in the upcoming 2018 mid-term elections and 2020 presidential race. “The biggest question likely to come out of the forthcoming Horowitz report is how many people at senior levels likely knew of mishandling of classified information by former Secretary of State Hillary Clinton and her associates yet elected to give them a pass from serious investigation and prosecution?” asks Charles Ortel, Wall Street analyst and investigative ...
Your Incredibly Shrinking Dollar
Post Date: 2018-06-14 08:31:43 by Ada
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Over the last 12 months, the purchasing power of your dollar has dropped at the fastest rate since 2011. According to the latest data released by the Bureau of Labor and Statistics, the Consumer Price Index (CPI) jumped by 2.8% year-over-year in May. That follows on the heels of a 2.5% leap year-over-year in April. In other words, prices are going up. That’s not good news for people who buy stuff. Pundits and talking heads call a rising CPI inflation. But as Peter Schiff explained in his podcast last week, people often confuse rising prices with inflation. In fact, the CPI merely measures one effect of inflation. Remember, a lot of people think that inflation is what happens to ...
The Permian Basin in Texas and New Mexico will soon become the third-biggest oil producing region in the world
Post Date: 2018-06-13 11:40:25 by X-15
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Today, the Permian basin in Texas and New Mexico is the nation's biggest shale oil producing region. But in just a few years, drillers could be pumping enough Permian crude to outmatch every nation in the world except Russia and Saudi Arabia. Output from the region is forecast to more than double between 2017 and 2023, jumping to 5.4 million barrels a day, according to a new estimate from IHS Markit. That would help the United States graduate from an emerging player in export markets to an established power. IHS Markit thinks the United States could be shipping 4 million bpd to foreign customers, up from 1.1 million bpd last year. The Permian is one of the nation's shale regions, ...
Bill Maher Admits He Is Actively Rooting for Economy To Crash
Post Date: 2018-06-10 10:46:07 by BTP Holdings
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Bill Maher Admits He Is Actively Rooting for Economy To Crash By Cillian Zeal June 9, 2018 at 9:13am When you’re rich and liberal like Bill Maher and the president is a conservative, you can hope that the economy will crash. After all, you’ve got all the money you probably need, right? That’s at least the message from Maher, who says he’s “sorry if that hurts people” but he’s “hoping for” the economy to tank, if just because it would be one way voters would quickly get sick of President Donald Trump. The exchange happened on Maher’s HBO show Friday, when he asked commentator Shermichael Singleton about how goeth the economy. ...
Small Town Gun Shop Owners Say Anti-Gun Rhetoric Has Fueled Sales
Post Date: 2018-06-08 17:18:04 by BTP Holdings
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Small Town Gun Shop Owners Say Anti-Gun Rhetoric Has Fueled Sales By: Kimberly Drake It seems one can’t turn on the TV or open a newspaper without being inundated by rants from the anti-gun establishment. Fueled by recent school shootings, their demands have been heard by big-box sporting goods stores and companies (such as Dick’s Sporting Goods) that have caved to their pressure and refused to continue selling “assault-style” rifles, high-capacity magazines, and firearms to people under the age of 21. But Dick’s (and Walmart’s and REI’s and L.L. Bean’s and Kroger’s) loss appears to be the little guys’ gain. “Sales are up,” Tim ...
China offers to buy nearly $70 billion American products if US suspends tariffs
Post Date: 2018-06-06 05:25:57 by BTP Holdings
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Mercatus Center senior research fellow Veronique de Rugy, Fox News political contributor Tammy Bruce and London Center for Policy Research President Herb London discuss how China offered to buy nearly $70 billion of American goods if the US halts tariffs. Poster Comment:Better for China to buy U.S. made products than the other way around.
Trump is making a difference for our industry: US Steel CEO
Post Date: 2018-06-06 05:10:08 by BTP Holdings
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U.S. Steel CEO David Burritt discusses how President Trump’s trade policies have helped his business grow.
The Public Bank Movement’s Time Has Arrived
Post Date: 2018-06-04 21:41:55 by NeoconsNailed
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Fed Looks to Ease Rule that Limits Risky Bank Trading By MARCY GORDON – WASHINGTON (AP) — The Federal Reserve is preparing to ease a rule aimed at defusing the kind of risk-taking on Wall Street that played a role in triggering the 2008 financial meltdown. The Volcker Rule, crafted by regulators 4 1/2 years ago, changed the way the biggest U.S. banks do business. It prohibits them from using the deposits of customers to fund risky trades. It’s a key plank of the landmark Dodd-Frank financial regulation law intended to reduce the likelihood of another crisis and taxpayer-funded bank bailout. President Donald Trump has blamed Dodd-Frank for constraining economic growth. When ...
Maglev trains: why aren't we gliding home on hovering carriages?
Post Date: 2018-06-03 08:24:26 by Tatarewicz
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Guardian... Clean, green, quick and quiet; no wheels, no engines to fail; able to stop quickly and safely and glide off noiselessly on a cushion of air. Magnetic levitation (maglev) was, according to 1980s science shows such as Tomorrow’s World, going to make domestic air travel defunct, humming from city to city at 500mph with negligible effects on the environment (and no need to remove your belt and shoes). With no wheels and only one track, Maglev trains would pooh-pooh bad weather, the wrong type of leaves on the line, or a points failure at Cricklewood. Because of the way maglev (in various ways) repels the train above its track, derailments are unlikely: the further the ...
With top Chicago mob boss dead, Outfit looks for new blood
Post Date: 2018-06-03 07:56:04 by BTP Holdings
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With top Chicago mob boss dead, Outfit looks for new blood Chuck Goudie and the ABC7 I-Team report on the old and the new at the helm of the Chicago mob. Chuck Goudie, Barb Markoff, Christine Tressel and Ross Weidner Friday, June 01, 2018 06:27PM CHICAGO (WLS) -- Now that John "No Nose" DiFronzo is no longer running the Chicago Outfit, who will fill the void left by his death is an open question. As the ABC7 I-Team first reported this week, DiFronzo died Sunday from complications of Alzheimer's. He was 89. "This is obviously an organization that promotes from within" said Chicago mob expert John Binder. "They don't take ads in the Wall Street ...
Swiss firm disappointed to lose Iran deal to China
Post Date: 2018-05-30 05:22:47 by Tatarewicz
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PressTV... The Swiss firm Stadler Rail says it is disappointed that it has to ditch a $1.4 billion railway deal in Iran because of US President Donald Trump’s decision to reimpose sanctions on the Islamic Republic. The rail group signed a letter of intent in Tehran at the end of February to deliver 960 subway cars, even though it later denied any deal or decision and called it merely a public tender. PressTV-Swiss firm denies $1.4 billion rail deal with Iran The Swiss embassy in Tehran had said on Wednesday that Stadler would put the wagons in service from the end of 2020 in the Iranian capital and its western suburb of Karaj. Stadler Rail officials, however, have admitted in a ...
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