Oct 27 10:44

Why Isn’t Gold Going Up With Inflation?

Oct 27 08:21

Wolf isn't so impressed by TSLA rental sales

Oct 27 07:31

Small Decline In BIS Gold Swaps

Oct 27 07:04

This year’s Thanksgiving feast will wallop the wallet

Thanksgiving 2021 could be the most expensive meal in the history of the holiday.

Caroline Hoffman is already stashing canned pumpkin in the kitchen of her Chicago apartment when she finds some for under a dollar. She recently spent almost $2 more for the vanilla she’ll need to bake pumpkin bread and other desserts for the various Friendsgiving celebrations she’s been invited to.

Matthew McClure paid 20% more this month than he did last year for the 25 pasture-raised turkeys he plans to roast at the Hive, the Bentonville, Arkansas, restaurant where he is the executive chef. And Norman Brown, director of sweet-potato sales for Wada Farms in Raleigh, North Carolina, is paying truckers nearly twice as much as usual to haul the crop to other parts of the country.

“I never seen anything like it, and I’ve been running sweet potatoes for 38 or 39 years,” Brown said. “I don’t know what the answer is, but in the end it’s all going to get passed on to the consumer.”

Webmaster's Commentary: 

Oct 27 07:01

America becomes North Korea: Re-education camps announced by the CDC, grocery stores display cardboard food printouts to hide bare shelves while Biden babbles

If you’re wondering whether America will plunge into a Venezuela-style financial collapse vs. a North Korea-style tyrannical authoritarian police state, it seems that the North Korea outcome is currently winning the race.

The CDC — Centers for Disease Creation — is now demanding that unvaccinated police and government workers be “forcibly re-educated” reports NewsPunch. It sounds like something ripped right out a soviet-era brainwashing and indoctrination plot:

CDC Director Rochelle Walensky declared that the Biden regime is planning to force unvaccinated police and government workers to take “counseling” and lessons so that they change their minds about taking the shots.

“There is a plan, should these people not want to be vaccinated, towards education and counseling to get people the information they need so that they are feeling comfortable in getting vaccinated,” Walensky declared.

Oct 27 06:16

The Western economic system is coming to an end

Already in the 18th century, British economists of the nascent capitalism were questioning the sustainability of this system around David Ricardo. What was initially very profitable would eventually become commonplace and no longer enrich its owner. Consumption could not eternally justify mass production. Later on, socialists, around Karl Marx [1], predicted the inevitable end of the capitalist system.

This system should have died in 1929, but to everyone’s surprise, it survived. We are approaching a similar moment: production no longer makes money, only finance does. All over the West, we see the standard of living of the mass of people falling, while the wealth of a few individuals is soaring. The system is once again threatening to collapse and never rise again. Can the super-capitalists still save their assets or will there be a random redistribution of wealth following a generalized clash?

Oct 27 06:14

Inflation: The Little Mouse that Roared

Oct 27 05:53


The Amsterdam court's decision to hand over Scythian gold to Kiev, is practically a desicion to cover up the "raider seizure" of historical artifacts, the head of the Crimea Sergei Aksyonov is sure. He called the court verdict "unfair" and "outrageous", RIA Novosti reports.

The main part of the exhibits from the Scythian gold collection was discovered at the Late Scythian Ust-Alma necropolis near the village of Peschanoe, Bakhchisarai region. The collection includes jewelry, tableware made of metal, clay and wood, utensils, fragments of military ammunition, weapons, gravestone sculptures and more.

As Russkiy Mir reported earlier, in February 2014, about 2,000 exhibits of Crimean museums were sent to Amsterdam to participate in the exhibition at the Allard Pearson Museum. In the summer of the same year, the gallery announced its refusal to send artifacts back to both Crimea and Ukraine, which claimed its rights to the collection.

Oct 27 05:53

Netherlands: Amsterdam court rules in favour of Ukraine in Scythian gold dispute with Russia

Oct 27 05:42

Worse Than Nepotism, Treasury Dept Hires A WOKE Friend

The Treasury Department stated that former JPMorgan Chase executive, Janis Bowdler, will serve as its inaugural counselor for racial equity.

A review during the first 200 days of the Biden administration showed the need for a champion to head economic policy initiatives to advance racial equity, a Treasury official said.

Bowdler will serve to coordinate the Treasury Department's intentions to advance racial equity through public engagement, according to a news release Monday.

Oct 27 03:17

Imagine My Shock! Government Collects Record Taxes…

Despite collecting record taxes in fiscal 2021, the federal government also ran a deficit of $2,772,179,000,000 for the fiscal year. That was the second highest deficit in the nation’s history, following the record deficit of $3,300,738,250,000 (in constant September 2021 dollars) that the Treasury ran in fiscal 2020.

Oct 27 02:58

The CEO Of Blackstone Is Warning That “A Real Shortage Of Energy” Will Cause Social Unrest All Over The Planet

We are facing an unprecedented global energy crunch.  Demand for energy is continually rising, and the production of energy is not keeping pace.  One of the biggest reasons for this is that large financial institutions have become extremely hesitant to fund any new energy projects that will add more carbon emissions to the environment.  Instead, they want to fund projects that will help us transition to the new “green economy”, but meanwhile we are getting to a point where we will soon see widespread shortages of traditional forms of energy.  So now we all get to suffer.  A lack of oil is pushing the price of gasoline to alarming heights, shortages of natural gas are already causing tremendous disruptions in Asia and Europe, we are being told that we are facing a propane “armageddon” this winter, and supplies of coal have dropped to dangerously low levels around the world.

Oct 26 20:20

Remember Strikes?

Oct 26 11:28

California Decriminalized Shoplifting For Amounts Under $950, Guess What Happened Next

Please note San Francisco Has Become a Shoplifter’s Paradise

“Theft in Walgreens’ San Francisco stores is four times the average for stores elsewhere in the country, and the chain spends 35 times more on security guards in the city than elsewhere,” reported the San Francisco Chronicle.

Earlier this year, a spokesman for CVS, which has closed at least two stores, told CNN that of its 155 locations in the Bay Area, the 12 in San Francisco account for 26% of all shoplifting incidents in the region.

Much of this lawlessness can be linked to Proposition 47, a California ballot initiative passed in 2014, under which theft of less than $950 in goods is treated as a nonviolent misdemeanor and rarely prosecuted.

Meanwhile, politically progressive local prosecutors from Los Angeles to Philadelphia and New York compete to see who can prosecute the fewest people.

Just Plain Crazy

Oct 26 11:09

Fed faces challenges to credibility

The Federal Reserve is attempting to tamp down two significant challenges to its credibility as both its handling of inflation and internal ethics face growing scrutiny.

The central bank is quickly moving to address a scandal involving stock trades made by its top officials. And price increases are running higher and longer than many Fed officials expected, boosting pressure on the bank to slam the brakes on the recovery from the COVID-19 pandemic and back down from a new, more tolerant approach to inflation.

Both could have deep implications for the Fed as a whole, as well as for Fed Chairman Jerome Powell’s future at the institution.

Oct 26 11:05

Meet Skimpflation: A Reason Inflation Is Worse Than The Government Says It Is

All is not so happy at the happiest place on earth. The guests of the Magic Kingdom are restless. Despite reopening more than six months ago, Disneyland and Disney World have yet to restart their tram services to and from parking lots, forcing visitors to walk nearly a mile to enter and exit the parks. Some Disney fans are acting as though the company is a kind of greedy Cruella de Vil, willing to slaughter cute puppies and turn them into coats for a profit.

"Customer service is gone at Disney," says commenter James E on Facebook. "It's all about maximizing profit now."

"They haven't brought back the trams because it's saving Disney money!" writes Daniel P. "Trams need to be driven by multiple drivers."

It's all about "GREED," says Harry Z. "It has nothing to do with COVID at this point."

Oct 26 10:56

Ten years on, is the Boeing 787 Dreamliner still more dream than nightmare?

Virgin Atlantic founder Richard Branson once said, "If your dreams don't scare you, they are too small." He wasn't referring to the Boeing 787 Dreamliner that his airline operates, but it easily applies.

On October 26, the Dreamliner reaches its 10-year milestone in service. Branding the 787 the Dreamliner wasn't just marketing speak. The 787, then and now, is one of those game-changing, envelope-pushing aircraft that come along once in a generation.

It takes its place among legendary earth-shrinking conveyances such as the Douglas DC-3, the first modern airliner; the Boeing 707, the first successful commercial jetliner; The Boeing 747, the first wide-body jumbo jet that brought long-haul travel to the masses; and the Concorde SST. This elite group are considered "moonshots," deploying cutting-edge, exotic technology often before it was ready. Their paradigm-changing design would influence all new airliners that came after them. But it would come at a price.

Oct 26 10:37

California unemployment claims are one-third of nation’s total while Texas cranks up its job creation

The state of California released a jobs report Friday showing the highest unemployment rate in the nation. California alone represents one-third of the overall unemployed in the nation.

The California Employment Development Department September jobs report showed that the state gained 47,400 jobs since August but holds an unemployment rate of 7.5% which ties Nevada for the highest in the United States.

Additionally, unemployment claims rose to 80,700 last week which amounted to one-third of the total claims in the country.

The state’s Democratic Gov. Gavin Newsom painted an optimistic picture of the report blaming the coronavirus pandemic for the slow growth but claiming that the state is "averaging record job creation."

Oct 26 10:29

Must See: White House Forced To Retract ANOTHER 'Ol' Joe' Statement

The White House has walked back on President Joe Biden’s latest remark about supply chain challenges, asserting that the Biden administration is not planning to mobilize the National Guard to help unload container ships or drive trucks to deliver merchandise.

During an Oct. 21 town hall meeting hosted by CNN, President Biden was asked whether the federal government would send the National Guard to help ease the supply chain backlog. He answered that he was “absolutely” willing to consider that option.

“Yes, absolutely, positively, I would do that,” Biden declared. “The answer is yes, if we can’t move to increase the number of truckers, which we’re in the process of doing.”

Oct 26 09:17

What is it telling us, if anything?

Oct 26 08:29

Workers Protest Impending Firing of Up to 8,000 Mayo Clinic Employees

By Anthony Gockowski

A large crowd of protesters marched through downtown Rochester Monday in protest of Mayo Clinic’s vaccine mandate, which could put as many as 8,000 people out of work. The demonstration lasted for more than four hours, according to video of the event, as protesters carried signs calling for an end to “medical tyranny” and chanting “shame on Mayo.”

To comply with the Biden administration’s federal vaccine mandates, Mayo Clinic informed its employees that they must receive a COVID-19 vaccine or a medical or religious exemption by Nov. 8, according to Med City Beat. Unvaccinated employees without exemptions will be placed on unpaid leave on Dec. 3. If they’re still not vaccinated by Jan. 3, 2022, they will be terminated...

Oct 26 07:13

$TSLA is the options market.

Oct 26 07:13

Oil Prices Will Remain High For Years To Come

Oct 26 06:39

McDonald's Employees Set To Strike Tuesday Over Sexual Harassment With Goal Of Unionizing

Thousands of US workers have gone on strike this month, showing their increasing power can enforce corporate change among employers amid a tightening labor force. The latest news of a strike will upset fast-food customers who frequent McDonald's.

On Tuesday, McDonald's employees from at least ten major cities will walk off the job over the company's handling of sexual harassment at the workplace and call for better pay. Employees are eventually making strides to unionize.

"I'm going on strike because, despite years of protests, McDonald's still refuses to take responsibility for the countless women and teenagers who face harassment on the job at its stores across the globe," Jamelia Fairley, a McDonald's employee in Sanford, Florida, told The Hill.

Oct 26 06:39

Walking The Path Of Self Destruction

Central planners have destroyed the future. Today we walk the path of their self-destruction...

If you recall, fiscal and monetary policies employed to counter the effects of government mandated lockdowns were supposed to stimulate a self-sustaining economic boom. Instead, these policies of extreme intervention have stimulated chaos and destruction.

The official inflation rate, as measured by the government’s consumer price index (CPI), is rising at an annualized clip of 5.4 percent. But that’s nothing. Alternative inflation rates, which better reflect what consumers are actually experiencing, are double and triple the official CPI.

At the same time, the economy appears to be slowing down…

According to the Atlanta Fed’s GDPNow forecasting model, as of October 19, real gross domestic product (GDP) growth in the third quarter of 2021 is estimated to be just 0.5 percent. This is down from 1.2 percent on October 15, 6 percent in late August, and 14 percent in May.

Oct 26 06:06

Biden’s Treasury Nominee to Regulate US Banking Is Open Marxist Who Joined Facebook Marxist Analysis Page in 2019

The Biden regime recently nominated an open Marxist to the role of comptroller of the currency. Saule Omarova was nominated run the key post that regulates national banks last month.

Saule Omarova was born in the USSR and is a devout Marxist.

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She refused to turn over her thesis on Maxism to the Senate when she was nominated by Biden to run the banks.

And now internet sleuths discovered that Omarova joined a Facebook group for Marxists and socialists back in 2019.

Again — this was only two years ago in 2019.
The Biden-Obama regime wants her to control the banking system in America.

Oct 26 05:35

Tesla Tops $1 Tn In Market Value As Hertz Deal Fuels Latest Surge

Tesla became the latest US tech giant to hit $1 trillion in market value Monday as investors cheered a large order from Hertz and shrugged off criticism from a US auto safety official.

Shares of Elon Musk's company finished at $1,024.86, up 12.7 percent and topping $1 trillion for the first time.

"Wild $T1mes!" Musk said on Twitter.

The surge followed an announcement from rental car giant Hertz of an order to buy 100,000 autos from Tesla by the end of 2022 in the latest embrace of electric car technology by a mainstream auto player.

Oct 26 05:35

THIS is the far left’s plan to CONTROL your money & budget

Oct 26 05:33

Business Leaders Are Begging Biden Not To Crash The Economy

Is Joe Biden about to apply the finishing blow to the U.S. economy? If you don’t understand what I am talking about, just keep reading. Somehow it seems appropriate that “the Grim Creeper” is in charge during the dying days of the U.S. economic system. The U.S. dollar is being systematically destroyed, there are significant shortages all over the nation, a horrifying global energy crisis has suddenly erupted, and we are facing the most epic shortage of workers in our entire history. As a result of the worker shortage, thousands upon thousands of very basic tasks that need to get done in order for our economy to run smoothly simply aren’t getting done. This is one of the reasons why we are now facing the worst supply chain headaches that any of us have ever seen, and it is in this environment that Biden has chosen to deliver the coup de grâce.

Oct 25 14:32

Global Supply Chain Hysteria

Oct 25 14:07


Oct 25 13:28

How much money can Monte dei Paschi soak up?

Oct 25 12:28

When Tools Stop Working

Oct 25 10:46

Which is more expensive: Charging an electric vehicle or fueling a car with gas?

Last year, Patrick Anderson went electric: He got a Porsche Taycan EV in dark blue.

Anderson, who is CEO of East Lansing-based economic consulting firm Anderson Economic Group, loves the zippy acceleration and "exciting" features the car offers. He also gets satisfaction in knowing that driving an EV benefits the environment, he said.

But Anderson's joy comes with a dark side.

"They are a wonderful driving experience. But at the same time, they're an enormous burden in time and in energy in finding chargers and getting them charged," Anderson said. "And you’re not really saving much in terms of charging costs ... you may be paying more.”

Oct 25 10:20

U.S Air Transportation in Crisis: Pilots Taking a Bold Stand against “Killer Vaccine”

Even mainstream media rags like the Washington Post and world news agencies like UPI carried the bombshell news on October 10, 2021, with the UPI headline “Southwest Airlines Cancel 1,044 Flights.”

The worldwide mandate for all airline pilots and air travel industry personnel to be vaccinated with a known kill shot which some analysts describe as depopulation is having major repercussions, hemorrhaging the entire transportation industry and for that matter the entire planet.

With cargo ships piling up in ports worldwide and not enough truck drivers on the road, all the world’s transport industries are also currently under attack as supply chain shortages are collapsing and soaring off the charts. In July 2021 the Transport Workers Union of America, AFL-CIO that represents all US airline employees alluded to understaffed workers “feeling exhausted and overwhelmed” during the summer peak travel season.

Oct 25 10:07

Treasury Sec. Yellen: Inflation Will Get Back to the 2% Range by Next Year

Treasury Secretary Janet Yellen said Sunday on CNN’s “State of the Union” that she thinks the recent rising prices will stabilize in 2022.

Anchor Jake Tapper said, “The Biden administration is trying to reach this deal to spend about another $2 trillion — makes a total of an extraordinary $5 trillion in spending this year. Inflation is growing at its fastest pace in 30 years. If the economy is already overheating, is spending even more money essential pouring gas on the inflation fire?”

Oct 25 09:56

Pelosi Confirms Wealth Tax On Billionaires' Unrealized Gains Is On The Way

In the scramble to find a tax hike that all 50 Democrat Senators could support, Senator Kyrsten Sinema OKs a Tax on Billionaires’ Unrealized Gains.

A new annual tax on billionaires’ unrealized capital gains is likely to be included to help pay for the vast social policy and climate package lawmakers hope to finalize this week, senior Democrats said Sunday.

“We probably will have a wealth tax,” House Speaker Nancy Pelosi (D., Calif.) said Sunday on CNN, noting that Senate Democrats were still working on their proposal, which isn’t technically a wealth tax but bears a strong resemblance to that idea.

The proposal under consideration from Senate Finance Committee Chairman Ron Wyden (D., Ore.) would impose an annual tax on unrealized capital gains on liquid assets held by billionaires, Treasury Secretary Janet Yellen said Sunday on CNN.

Oct 25 09:52

Economists to Cattle Ranchers: Stop Being So Emotional About the Monopolies Devouring Your Family Businesses

Last week, there was what should have been a historic hearing in the House Agriculture Committee, with the goal of reforming America’s cattle ranching system. The first witness was a Republican Senator trying to persuade the House members to adopt his legislative initiative. “My name is Chuck Grassley,” he said, “And I’m a farmer from Butler County, Iowa.” Grassley’s homespun rhetoric disguised a sophisticated and longstanding campaign to address a crisis in the beef industry, and more broadly, our food system at large.

Oct 25 09:36

The Great Depression of the 1930s is burned into most preppers’ minds.

The Great Depression of the 1930s is burned into most preppers’ minds. The horror stories from that grim time are a stark reminder of how fast things can go bad, even in a country that seems rich, strong and confident – and of how bad they can get.

As a motivation to be prepared, the Great Depression takes some beating.

But what if, as well as a reminder of why prepping is a good idea, it’s also what we need to be preparing for?

Many economists believe that another Great Depression could throw the world back into the poverty and chaos of the dustbowl era, and some think it’s likely to happen this year.

Paranoid? Alarmist? Well, they have a lot of evidence on their side – too much to just dismiss.

Oct 25 08:08


“We have an incredible opportunity to create entirely new sustainable industries, products, services and supply chains,” said His Highness the (unelected) Prince of Wales in the inaugural Great Reset speech to the World Economic Forum back in January 2020.

Back then, all signs pointed to this “novel coronavirus” being just another in the SARS lineage – an obscure emergent viral pathogen that would dominate the headlines for two or three 24-hour news cycles and then flame out somewhere in Asia.

Unbeknownst to the rabble in the lower socioeconomic strata, the World Economic Forum had already set the multinational wheels of economic revolution in motion.

Oct 25 07:35

Credit Card Cuts Off Spending When You Reach Your CO2 Limit

The company that created a credit card to track your purchases’ CO2 emissions is set to launch a “premium” version of the card that cuts off your spending as soon as you hit your “carbon max.”

This is the latest of many schemes to force major changes in human behaviour to allegedly lessen global warming. Social scientist and author Steven Mosher has called the global warming movement a “giant propaganda effort” and “the biggest scientific fraud ever perpetrated on the family of man.”

Doconomy has partnered with Mastercard and the United Nations Framework Convention on Climate Change (UNFCCC) to create technology for the everyday consumer that “connects the purchase price of a product with the effect on the planet measured in Kg CO2, and then recommends the amount to offset – practically putting a price on carbon,” as the Doconomy website explains.

Oct 25 07:13

Inflation in one picture...

Oct 25 07:00

Public health or private wealth? How digital vaccine passports pave way for unprecedented surveillance capitalism

The titans of global capitalism are exploiting the Covid-19 crisis to institute social credit-style digital ID systems across the West.

The death by starvation of Etwariya Devi, a 67-year-old widow from the rural Indian state of Jharkhand, might have passed without notice had it not been part of a more widespread trend.

Like 1.3 billion of her fellow Indians, Devi had been pushed to enroll in a biometric digital ID system called Aadhaar in order to access public services, including her monthly allotment of 25kg of rice. When her fingerprint failed to register with the shoddy system, Devi was denied her food ration. Throughout the course of the following three months in 2017, she was repeatedly refused food until she succumbed to hunger, alone in her home.

Oct 25 06:51

Sinister Rockefeller Food System Agenda — They Created It and Now Want to Destroy It

No one group has done more to damage our global agriculture and food quality than the Rockefeller Foundation. They began in the early 1950s after the War to fund two Harvard Business School professors to develop vertical integration which they named “Agribusiness.” The farmer became the least important. They then created the fraudulent Green Revolution in Mexico and India in the 1960s and later the pro-GMO Alliance for a Green Revolution in Africa since 2006. Money from the Rockefeller Foundation literally created the disastrous GMO genetically altered plants with their toxic glyphosate pesticides. Now again, the foundation is engaged in a major policy change in global food and agriculture and it’s not good.

Oct 25 06:10

Can TSA vaccinate enough screeners before the Thanksgiving travel rush?

A potential shortage of airport screeners triggered by a federal COVID-19 vaccine mandate could mean extra-long queues at airport security checkpoints during the upcoming Thanksgiving holiday travel week.

Only about 60% of Transportation Security Administration employees are at least partially vaccinated with about a month to go before the Nov. 22 deadline for federal employees to be fully vaccinated. Federal employees who ignore the mandate face discipline, including being fired, according to the U.S. Office of Personnel Management.

TSA Administrator David Pekoske told CNN last week that he is "very hopeful" the agency won't have a worker shortage but said the TSA is preparing contingency plans in case it can't be avoided.

Oct 25 06:09

Biden Abandoned Critical Mineral Reserves In Afghanistan While Thwarting Mining At Home

Republicans on the House Committee on Natural Resources held a forum Oct. 22 to discuss how President Biden’s exit from Afghanistan left massive, untapped reserves of rare-earth metals, lithium, and other vital minerals in Taliban hands, potentially opening them up to exploitation by China.

Speakers said the Biden administration has simultaneously worked to hinder key mining projects in the United States, such as Minnesota’s Twin Metals copper-nickel project and Arizona’s Resolution copper mine, which would allow the United States to produce many of those minerals at home, thereby avoiding dependence on the Taliban or the Chinese Communist Party (CCP).

“It’s almost like it’s intentional, to stop U.S. production of these critical minerals and elements,” said Ranking Member Bruce Westerman (R-Ark.).

Oct 25 06:08

Putin Lays Cards Down: Approve Nord Stream 2 To Get More Gas

Russia could immediately increase natural gas deliveries to Europe as soon as German authorities approve the Nord Stream 2 pipeline, the Financial Times reports, citing President Vladimir Putin as saying gas can be delivered “the day after tomorrow” if approval is granted “tomorrow”.

Putin said Russia could deliver an additional 17.5 billion cu m of gas if the new pipeline gets the green light. This amount, according to the FT, is equal to a tenth of Russian gas deliveries to Europe and Turkey last year and would come not a moment too soon as Europe continues to struggle to fill up its reserves ahead of winter.

Oct 24 07:52


This story comes courtesy of M.D., and it's an indication that the puchback has begun in earnest. Ranchers, fed up with rising prices of meat at the grocery store, while their own sales prices fall, have had enough, and decided to open their own meat processing plants and compete with "Big Agribusiness":

Unhappy with prices, ranchers look to build own meat plants

Oct 24 07:27

“Transitory annihilation”.

Oct 24 03:10

As The Shelves Get Emptier, How Long Can They Keep The Charade Going?

They keep telling us that everything is going to be just fine, but an increasing number of Americans are beginning to realize that what we are facing is not “temporary” at all.  From coast to coast, store shelves have been getting emptier and emptier, and supply chain experts are warning us that things aren’t going to be getting better any time soon.  But Biden administration officials continue to smile and insist that they have everything under control.  Do you believe them?  At this point, I don’t know why anyone would still believe that they are capable of handling any major problem after what we have witnessed in Afghanistan, at the southern border, etc.

Oct 23 09:09

Investing STILL Wont Make You Rich (Probably)