David Stockman Warns “Gold Is The Only Safe Asset Left”

“[we’re going to see] a fiscal calamity of Biblical proportions…Gold is the ultimate and only real money. Gold is the only safe asset when push comes to shove…”

Source: David Stockman Warns “Gold Is The Only Safe Asset Left”

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EconomicPolicyJournal.com: Trump May Name Bubble Crusher as Vice-Chairman of Federal Reserve

Source: EconomicPolicyJournal.com: Trump May Name Bubble Crusher as Vice-Chairman of Federal Reserve

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The Coldest Winter 2017/2018 | Armstrong Economics

Source: The Coldest Winter 2017/2018 | Armstrong Economics

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The Coming Fiscal Derailment 

Source: The Coming Fiscal Derailment – LewRockwell

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Tax plan: Escape from New York – and New Jersey?

The obvious solution:  Abolish both the federal and state income tax.  When will the people learn:  the income tax is indeed the root of all evil.  See Frank Chodrov’s magnificent book.  

“Anyone who thinks Donald Trump’s tax plan was designed to help rich New Yorkers should talk to some rich New Yorkers; the loss of deductions has them considering whether to leave the area…”

Source: Tax plan: Escape from New York – and New Jersey?

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EconomicPolicyJournal.com: Find Your New Tax Bracket: Full Details on the Newly Passed Tax Reform Bill

According to the tax calculator at www.marketwatch.com, I will get a slight tax cut.  However, I could have a slight tax increase, depending on any additional income and what my deductions will be.   Tax cut, if I get one, will not be “massive.”  

Source: EconomicPolicyJournal.com: Find Your New Tax Bracket: Full Details on the Newly Passed Tax Reform Bill

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The late-stage equity bull market could explain a mania like bitcoin

“The bitcoin craze is just another sign that U.S. stocks may be nearing the end of their latest run higher, several market analysts say.”

Source: The late-stage equity bull market could explain a mania like bitcoin

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Are Governments Running Out Of Candy?

The public’s ignorance is breathtaking.

Source: Are Governments Running Out Of Candy?

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Here’s a Tweet President Trump is Not Going to Retweet

 

Source: EconomicPolicyJournal.com: Here’s a Tweet President Trump is Not Going to Retweet

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Expand Tax Breaks to Expand Education

‘The Tax Cuts and Jobs Act is working its way through both chambers in an attempt to make it onto President Trump’s desk before Christmas.”

Source: Expand Tax Breaks to Expand Education

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How quickly NY Times forgets Obama’s lies and frauds

“Pretending America recently had a Golden Age of honest politicians encourages the delusion that toppling Trump is all that is necessary to make the federal government great again.”

Source: How quickly NY Times forgets Obama’s lies and frauds

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Murphy’s campaigning for an office he already won

Is the Governor elect about to drop the ball before he takes office?  

“Lately Phil Murphy has been acting as if he’s still campaigning for governor instead of getting ready to run the state; his failure to endorse a key property-tax measure is just the latest evidence.”

Source: Murphy’s campaigning for an office he already won

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EconomicPolicyJournal.com: Watch Out Bitcoin, Here Comes Fedcoin

The Federal Reserve does not want competition for its fiat money.  

Source: EconomicPolicyJournal.com: Watch Out Bitcoin, Here Comes Fedcoin

 

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The Strzok Texts: FBI Plotted to Unseat Trump Before Election 

“We now have proof that the FBI was actively plotting a coup d’etat against President Trump even before he was elected. Despite my libertarian skepticism…”

Source: The Strzok Texts: FBI Plotted to Unseat Trump Before Election – Antiwar.com Original

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Rising Interest Rates Starting To Bite

“We have long held that interest rates have been so low (especially real rates) that it will take some time to reach a level for them to really matter and impact markets. The 2-year yield crossing over the S&P500 dividend yield this past week for the first time in the last ten years is unlikely to slow the momentum driving risk markets.”

Source: Rising Interest Rates Starting To Bite

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