Fed’s Misguided View on Inflation Drives Stock Bubble

By Rob Williams – Re-Blogged From Newsmax

David Rosenberg, the widely cited chief economist and strategist at Gluskin Sheff & Associates Inc., said the Federal Reserve may be fueling another speculative stock bubble with loose monetary policies.

The central bank, which is undergoing a significant leadership change, may err on the side of caution by keeping interest rates too low for too long, he said in a Jan. 11 report obtained by Newsmax Finance. That would continue to give investors greater incentive to seek bigger gains in riskier assets like stocks and junk bonds.

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Interest Rates Walking on Narrow Ledge

By Michael Pento – Re-Blogged From PentoPort

There is a huge shock in store for those who have been lulled to sleep by a stock market that has become accustomed to no volatility and only an upward direction. And that alarm bell can be found in the price action of Bitcoin, which recently tumbled over 40% is less than a week. For the implosion within the cryptocurrency world foreshadows what will happen with the major averages as the Federal Reserve futilely attempts to stop monetizing the exploding mountain of U.S. debt.

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Minimum Wage Hikes Already Backfiring

Restaurant chain Red Robin is eliminating the “busboy” position at its 570 locations as a cost-saving measure to offset minimum wage hikes.

“We need to do that to address the labor increases we’ve seen,” Red Robin’s Chief Financial Officer, Guy Constant, told attendees at the ICR retail conference in Orlando, Florida, the New York Post reports.

1.4 Million Affected By Massive Power Outage In California, Arizona And Mexico

Sandy Huffaker/Getty Images

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Ontario Raised Its Minimum Wage to $14 Per Hour

By TRE GOINS-PHILLIPS – Re-Blogged From https://ijr.com/

Ontario just bumped its minimum wage to $14 per hour, but it is working families and consumers that will suffer.

A newly released study from the Bank of Canada suggests the Canadian province will lose some 60,000 jobs by 2019 as a result of the hike, the National Post reported. And local businesses are making other cuts, too.

Minimum Wage

Congressional Quarterly/Getty Images

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Greatest Transfer Of Wealth

By Rory Hall – Re-Blogged From  http://www.Gold-Eagle.com

The past few days I have been reminded of how important silver is to our world and how silver is the one asset the world needs in order to function to a high level. Actually, silver is necessary for our world to function at even the most basic level where power/energy/information is running through wires. Silver makes it possible.

With all these Western nations, basically, invading, destroying China were about silver. China was importing all the world’s silver even though they had no natural mines they owned 25% of the world’s silver. England had massive trade deficits with them. When England couldn’t balance it back because the Chinese didn’t want the British finished goods they (Britain) imported opium into there and destroyed China. Which led to the rise of Mao and communism and all this other stuff. ~Chris Duane, The Daily Coin

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This Concept Called ‘VALUE’!

By Don Swenson – Re-Blogged From Kingdomecon

The Millennial generation (those in the 19-34 age bracket) desire to change our monetary system so that a decentralized system emerges. Cryptocurrencies are their attempt for inventing this decentralized marketplace. I fully agree with the general ‘intentions’ of these millennials. But do these folks understand what they are proposing? I, personally, don’t think so. What we need to understand is this inner concept called ‘Value’ and why this concept is key to all money proxies. Let’s think on this concept for a few minutes!

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Reverse Mortgages, Gold, & Silver

By Keith Weiner – Re-Blogged From http://www.Gold-Eagle.com

We hope everyone had a happy New Year.

There is a long informercial airing on American TV. It shows an endless parade of senior citizens, struggling to pay their bills, unable to buy that motorized stairway lift, play golf, or eat out at restaurants. The solution?

Get a reverse mortgage! The number to call is 1-800-GET-CASH. That number again is one eight hundred get your free cash now!

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