The Federal Crackdown On Cryptocurrencies Is Starting To Get Pretty Crazy

Most cryptocurrency owners would never even imagine that someday heavily armed federal agents may come to arrest them when they least expect it.  But this sort of things is starting to happen with alarming frequency.  As long as you adhere to all of the very strict federal rules that have been put into place to govern cryptocurrencies, you will be fine.  But if you try to use Bitcoin and other cryptocurrencies as the truly independent mediums of exchange that they were originally designed to be, you could soon have an armored vehicle come crashing through the side of your home. (Read More...)

Frustrated Homebuyers Are Competing With Investment Funds That Are Literally Buying Up Entire Neighborhoods

Home prices have been rising aggressively all over the nation this year, and this has caused a tremendous amount of frustration among ordinary Americans that are looking for something to buy.  As I have detailed in previous articles, we have often seen ferocious bidding wars break out for the most desirable properties, and many homes end up selling for way over asking price.  Unfortunately, many potential home buyers don’t even realize that they may be competing with investment funds, billionaires and wealth foreigners.  Gobbling up homes is now considered to be a way to make huge returns very rapidly.  Once homes are purchased, they are either flipped quickly for a large profit or they are rented out at very aggressive rates.  Meanwhile, it is becoming a lot more difficult for ordinary Americans to find affordable places to live. (Read More...)

3 Giant Financial Companies That The Global Elite Use To Control 88% Of The Corporations Listed On The S&P 500

There is no question that large corporations absolutely dominate our society today.  They control what we eat, they control what we watch on television, they own most of the stores that we shop at, they provide the energy that our nation depends upon, and they make almost all of the products that we use.  Tens of millions of Americans make a living by serving these colossal firms, and at this point some of the biggest corporations are larger than many small countries.  But of course the corporations aren’t the top of the food chain.  They have owners, and there are 3 giant financial companies that the global elite use to control 88 percent of the corporations that are currently listed on the S&P 500. (Read More...)

The Wildest Home Buying Binge In U.S. History Has Pushed Home Prices To Hyperinflationary Levels

All over America, we are witnessing crazy bidding wars for the limited number of homes that are on the market.  In many areas, the moment a desirable home goes on the market potential buyers start making offers that are tens of thousands of dollars above asking price.  Not even in the days before the housing bubble burst in 2008 did we see anything like this.  As I have discussed in previous articles, in some cases more than 100 offers are coming in for a single home.  It is actually an understatement to call what we are watching a “frenzy”, and there are no signs that it is going to cool down any time soon. (Read More...)

These Are The Shadowy New York Financial Institutions That Forced Robinhood To Restrict Trading In Certain Stocks

Have you ever heard of the Depository Trust & Clearing Corporation?  What about Cede and Company?  If those names are foreign to you, then you don’t really understand how the core of our financial system really works.  A lot of people are blaming Robinhood CEO Vlad Tenev and the heads of other major trading platforms for the stock trading restrictions that we witnessed last week, but it was actually the DTCC that suddenly jacked up deposit requirements ten-fold.  Robinhood and other trading platforms were put in a vise-like grip, and they had no choice but to act.  Someone needs to investigate how these decisions were made at the DTCC, and if laws were broken those that were responsible for the decisions need to go to prison. (Read More...)

For 55 Percent Of Americans, 2020 Has Been “A Personal Financial Disaster”

One of the big reasons why so many Americans are angry about the size of the “stimulus payments” in the COVID relief bill that Congress just passed is because this year has truly been a “financial disaster” for millions upon millions of people.  More Americans than ever before are just barely scraping by from month to month, and $600 is just not going to go very far.  In 2020, small businesses have been getting slaughtered by the thousands, millions of Americans are in imminent danger of being evicted from their homes, and more than 70 million new claims for unemployment benefits have been filed since the COVID pandemic first started.  The U.S. has plunged into a brutal economic depression, and most of the country is desperately hoping that the federal government will do more to bail them out. (Read More...)

74% of families with children making less than $100,000 have “experienced serious financial problems” during this crisis

The reason why so many people are clamoring for Congress to get another stimulus bill passed is because an unprecedented number of households are in desperate financial need right now.  As you will see below, millions of Americans missed their rent or mortgage payments last month, millions missed their student loan payments, and millions are falling into poverty.  The economic downturn that was sparked by the coronavirus pandemic has stretched on far longer than most people originally anticipated, and many Americans are simply running out of money at this point.  In fact, one survey that was conducted not too long ago found that 40 percent of all households have “used up all or most of their savings” and 74 percent of families with children that make less than $100,000 a year have “experienced serious financial problems” during this crisis… (Read More...)

They Are Telling Us That The 2nd Wave Of The Coronavirus Is Here, And The Stock Market Is Totally Freaking Out

Are you ready for the next wave of COVID-19?  Actually, the mainstream media is telling us that it is already here, and that has sparked another round of fear and panic on Wall Street.  But the fact that the number of confirmed cases is rising again should not surprise anyone.  As restrictions were lifted, it was inevitable that the virus would begin spreading more rapidly, and that is precisely what we have witnessed.  During the 24 hour period that just ended, there were more than 136,000 new cases reported around the globe, and that is the highest one day total that I have seen so far.  Here in the United States, there were 23,300 newly confirmed cases, and that represented an increase of over 2,000 from the previous 24 hour period.  Concern that this could be the dreaded “second wave” that the mainstream media keeps talking about pushed stock prices dramatically lower on Thursday(Read More...)