How To Avoid The Next 50% Market Crash

This ageing bull market may soon face the third market collapse since the year 2000. Nobody can predict the exact starting date of its decline—but either a recession or stagflation will surely be its catalyst. During the next debacle, the typical balanced portfolio designed by Wall Street, which consists of approximately 60% stocks and 40% bonds, will no longer provide much protection at all. In fact, that type of portfolio construct has become downright dangerous.

The simple reason for this is that for the first time ever both stocks and bonds are in a massive and unprecedented bubble; and are therefore both vulnerable to significant selloffs. Bonds will no longer provide a ballast or offset to your stock portfolio once reality hits both of those asset classes. If a bond has a 5% yield and has 30 years left to maturity; that holder would lose 25% of his principal if interest rates rise by just 2%. Given the fact that bond yields are the lowest in history, an increase of 2% is certainly not out of the question; and is in fact most likely inevitable.

Continue reading

Public Pensions: An Economic Time Bomb

By Joshua Rauh

Who cares about public pension liability? Well, you should – after all, it’s the reason entire cities and even states are facing bankruptcy. Joshua Rauh, professor of finance at Stanford and Senior Fellow at the Hoover Institution, paints a startling picture of just how broken the public pension system really is, and what will happen if we continue to ignore it.

Please watch the VIDEO.

CONTINUE READING –>

The Real Climate Crisis Is Not Global Warming, It Is Cooling

By Allan MacRae and Joseph D’Aleo – Re-Blogged From WUWT

Introduction – Catastrophic Anthropogenic Global Warming – A Failed Hypothesis

The Catastrophic Anthropogenic Global Warming (“CAGW”, aka “Global Warming”, “Climate Change”, “Climate Crisis”, “Climate Emergency”) scare is a failed hypothesis and the greatest scientific fraud in history. Global warming alarmism has been promoted by political extremists and believed in by their gullible acolytes for decades, even though there is no credible evidence that catastrophic global warming exists in reality, and ample evidence that the CAGW hypothesis has been falsified.

The failed CAGW hypothesis assumes that increasing atmospheric CO2 from fossil fuel combustion drives dangerous runaway global warming. The alleged evidence for this fraud is climate computer models that greatly over-predict current observed warming, typically by 300 to 500%. These climate models deliberately employ excessively high assumed values of climate sensitivity to CO2, and are designed to create false alarm.

Continue reading

The Globalists’ Race Against Time on China

By David Archibald – Re-Blogged From WUWT

To recap briefly, most of the communist countries collapsed by 1991 and the Western democratic tradition was seen as the winner of an existential battle that had waged since the Russian Revolution of 1917. Historian Francis Fukuyama called it “the end of history” because only good things would happen thereafter. Mankind’s ideological evolution had ended and Western liberal democracy would be the final form of government.

In response to that wishful thinking, Harvard historian Samuel Huntington wrote a paper, and subsequently a book, entitled The Clash of Civilizations and the Remaking of the World Order in which he predicted that with the end of ideological conflict the world would revert to a normal state of affairs characterized by cultural conflict. In particular, Professor Huntington predicted an attack by Islamists on the United States. That attack duly happened five years later. Huntington had identified China and Islam as “challenger civilizations.”

Continue reading

New Way to Remove Carbon Dioxide from Air

By Massachusetts Institute of Technology – Re-Blogged From WUWT

The process could work on the gas at any concentrations, from power plant emissions to open air

A flow of air or flue gas (blue) containing carbon dioxide (red) enters the system from the left. As it passes between the thin battery electrode plates, carbon dioxide attaches to the charged plates while the cleaned airstream passes on through and exits at right. Credit: Sahag Voskian and T. Alan Hatton

A flow of air or flue gas (blue) containing carbon dioxide (red) enters the system from the left. As it passes between the thin battery electrode plates, carbon dioxide attaches to the charged plates while the cleaned airstream passes on through and exits at right. Credit: Sahag Voskian and T. Alan Hatton

Continue reading

Global Industrial Slump And Brexit Dance Go On

By Arkadiusz Sieroń – Re-Blogged From Gold Eagle

The Brexit saga continues. Both the U.S. and China’s industrial sectors suffer from the trade war. How will the Fed react to these downside risks tomorrow? The expectation is that it’ll cut rates, but will that really happen? And how will gold take to that?

Brexit Dance Goes On

Last week, we wrote about the Brexit saga, diving into the latest battles between Johnson and Parliament. But the drama has not ended yet. As we concluded one week ago, “Brexit is far from over, and British politics may surprise us again.” Indeed, Johnson wanted to call a snap general election in December to gain more leverage in the House of Commons, but the UK parliament has rejected Johnson’s proposal. For the third time. But Boris does not like losing, so he proposed today a new bill that lowers the number of MPs requires to pass the decision to hold an early election from two thirds to simple majority.

In the meantime, the EU agreed to the Brexit extension until the end of January 2020. Importantly, the EU offered a “flextension,” which means that the UK could leave before the deadline if a deal is approved by the British Parliament. Brexit is still far from concluded and snap elections could significantly change the political landscape. But one thing is sure for now, the possibility of a non-deal Brexit has been postponed until January 31, 2020 at least. This should reduce the safe-haven demand for gold, but also support the pound and euro against the U.S. dollar, gold’s nemesis.

Continue reading