California Committee Approves Measure to Create Banking Alternative for Cannabis Industry, Bypass Federal Reserve

California Committee Approves Measure to Create Banking Alternative for Cannabis Industry, Bypass Federal Reserve By Michael Maharrey Last week, a second California Assembly committee unanimously passed a bill that would establish limited state-chartered banks to serve the cannabis industry. Final passage of this legislation would remove a major federal roadblock in front of the developing industry in the state and further nullify federal prohibition in practice. Sen. Bob Hertzberg, (D-Van Nuys), along with a bipartisan coalition of eight cosponsors, filed Senate Bill 51 (SB51) on Dec. 4.  The legislation would create a…

Read More

HOUSTON, WE HAVE LIFT-OFF: Silver Holds Above $15.00!

HOUSTON, WE HAVE LIFT-OFF: Silver Holds Above $15.00! This is a critical update from one of the best financial commentators I know, a good friend of ours, Mr. Tom Beck, who runs PortfolioWealthGlobal.com and we’re excited to share this one with you! Preview: Leaving The Nest I’ve spent hours listening to Jerome Powell’s testimony before Congress, which included some incredible revelations. For one, some members of Congress are so clueless that it hurts me to see them clogging the airwaves and even addressing Chairman Powell with issues that the FED has either…

Read More

EMPTYING THE MAGAZINE: Trump Blasting At FED — Dollar VICTIMIZED!

EMPTYING THE MAGAZINE: Trump Blasting At FED — Dollar VICTIMIZED! We Bring You This Critical Alert, Contributed By WealthResearchGroup.com and Their Founder, Lior Gantz, Who I regard as an expert on investing in these critical times. There’s absolutely no doubt that the United States of America has dramatically changed from the country it was half a century ago. The transformation is so massive that once the evolution is completed in ten years from now, you will not recognize it at all. In the past decade, after nearly 8 million Americans lost their homes in…

Read More

10 Big Steps Down the Road to Recession

10 Big Steps Down the Road to Recession By David Haggith First, a decline in manufacturing, and then a slump in service industries, now a broad-spectrum inversion of the yield curve hitting its most critical metric this week, unemployment finally starting to rise again, a one-year relentless housing decline across most of the nation and the world, carmageddon pressing car dealers to offer big incentives once again just to hold sales flat, shipping everywhere sinking rapidly, broadly deteriorating general business conditions, plus tariff troubles for the US throughout the world…

Read More

Phony Economic Growth Stats Conceal Deep Problems on Main Street

Phony Economic Growth Stats Conceal Deep Problems on Main Street By Antony P. Mueller We live not only in a time of fake news but also in the era of fake economic growth. The performance of the economies of the industrialized countries since 2010 is a prominent case of deceptive economic growth. This economic recovery is not the result of a strengthening of the productive forces of the economy, but is due to a massive expansion of liquidity. Central banks created a monetary avalanche that has gone mainly into the…

Read More

ANTS SWARMING: Global Debt Spreads – GOLD’S NEXT MOVE!

ANTS SWARMING: Global Debt Spreads – GOLD’S NEXT MOVE! We Bring You This Critical Alert, Contributed By WealthResearchGroup.com and Their Founder, Lior Gantz, Who Our Staff Looks At For Accurate Economic Forecasting. Trump Gives Green Light To Currency Devaluation First of all, the first half of 2019 reminded me of Charlie Munger’s quote from a couple of years ago, saying that while he does not have any say as to what central banks are doing, the benefits of their policies on the world’s stock markets has been very clear. Replying…

Read More

GOLD RETALIATES: The Cartel OVERWHELMED!

GOLD RETALIATES: The Cartel OVERWHELMED! We Bring You This Critical Alert, Contributed By WealthResearchGroup.com and Their Founder, Lior Gantz, Who Our Staff Looks At For Accurate Economic Forecasting. This week we’re seeing a clear paradigm shift with regards to institutional sentiment towards gold. In fact, on June 21st, the gold ETF was injected with $1.5B, which is its largest ever one-day inflow. I’m not only interested in making a profit, which is generated by the uptrend in the underlying commodity. Gold’s price is always the precursor to much bigger swings…

Read More

The Dollar’s TOAST! A Preview Of The Next 10 Years

The Dollar’s TOAST! A Preview Of The Next 10 Years We Bring You This Critical Alert, Contributed By WealthResearchGroup.com and Their Founder, Lior Gantz, Who Our Staff Looks At For Accurate Economic Forecasting.   From 2009 to this present day, the central banks have implemented emergency measures for what investors thought to be policies that are only necessary in plights, and will only be embarked upon if a crisis seems imminent. This has been all wrong; Jerome Powell has just made it abundantly clear that QE is now a normal part of the…

Read More

Oregon Bill Would Create Banking Alternative for Cannabis Industry, Bypass Federal Reserve

Oregon Bill Would Create Banking Alternative for Cannabis Industry, Bypass Federal Reserve By Michael Maharrey A bill filed in the Oregon House would establish limited state-chartered banks to serve the cannabis industry. Final passage of this legislation would remove a major federal roadblock in front of the developing industry in the state and further nullify federal prohibition in practice. Rep. Pam Marsh (D) and Rep. Ken Helm (D) introduced House Bill 3169 (HB3169) on Feb. 28. The legislation would create a self-contained, state chartered banking system for the cannabis industry in Oregon.…

Read More

Housing Market Crash 2.0: The Jury is in for 2018-2019

Housing Market Crash 2.0: The Jury is in for 2018-2019 By David Haggith As happened with the first housing market crash that began in 2007 but didn’t become widely recognized until mid-2008, the present housing crisis began exploding one story at a time last summer, and this blog was perhaps the first to state that summer’s change was the turning point from decades of ascent into a collapse in housing sales and prices. I said the same thing back in 2007, and people didn’t believe me then either. The present…

Read More