TopFeatured.com

‘Inflationary Psychology’ Has Set In – Dislodging It Won’t Be Easy Authored by Richard Curtin via University of Michigan, There is a high probability that a self-perpetuating wage-price spiral will develop in the next few years. Households have already become less resistant to paying higher prices and firms have become less resistant to offering higher…

UK Seeking Release Of 2nd British Soldier Captured By Russia In Decimated Mariupol Update(1618ET): At least a couple thousand Ukrainian troops are still said to be surrounded and holed up in the giant Azovstal steelworks in the decimated city of Mariupol.  UK media is also reporting that a second British soldier has been captured in Mariupol…

Drug And Alcohol Abuse Slowing Labor Force Participation Rate, Fed Study Finds Drug and alcohol abuse are starting to negatively effect the labor force participation rate, according to a new study by Federal Reserve Bank of Atlanta researcher Karen Kopecky, Jeremy Greenwood of the University of Pennsylvania and Nezih Guner of the Universitat Autonoma de…

Russia Says It Shot Down Ukrainian Transport Plane Carrying Western Arms Update(1638ET): In what appears Moscow’s “answer” to the US and NATO countries continuing to supply major weapons systems to Ukrainian forces, state agency TASS is claiming that Russian forces have brought down a Ukrainian military transport plane that was transporting Western arms. The alleged…

Feds Weigh Emergency Actions As Lake Powell Hits Historic Low The megadrought in the US West continues to wreak havoc as Federal officials weigh reducing water deliveries downstream on the Colorado River to prevent shuttering of a massive dam that provides power to millions of people, according to AP News.  Last month, Lake Powell dropped to 3,525…

Two Female Prisoners At New Jersey Corrections Facility Pregnant After Having Sex With Transgender Inmates By Katabella Roberts of The Epoch Times Two female inmates at New Jersey’s only all-women prison have fallen pregnant after having consensual sex with transgender inmates, officials have said. The unidentified pregnant women are incarcerated at the Edna Mahan Correctional…

Moscow Warns US In Diplomatic Letter: Arming Ukraine To Result In “Unpredictable Consequences” Authored by Dave DeCamp via AntiWar.com, Russia sent a formal diplomatic note to the US this week calling on Washington and NATO to stop arming Ukraine. The note, which was obtained by The Washington Post, said the Western campaign to pour weapons into Ukraine was…

California Balks On Vax Mandate For Schoolchildren – Will Delay Until At Least July 2023 While California was the first state to announce that all school-aged kids would require the Covid-19 vaccine, state health officials are now taking a big step back – delaying a statewide mandate until at least July 2023, according to a…

The Failure Of Fiat Currencies & The Implications For Gold & Silver Authored by Alasdair Macleod via GoldMoney.com, This is the background text of my Keynote Speech given yesterday to European Gold Forum yesterday, 13 April. To explain why fiat currencies are failing I started by defining money. I then described the relationship between fiat…

“F**k You” Money Authored by Jack Raines via Young Money, In a 2018 Esquire interview, essayist and statistician Nassim Taleb gave the following description for the optimal amount of wealth: Money can’t buy happiness, but the absence of money can cause unhappiness. Money buys freedom: intellectual freedom, freedom to choose who you vote for, to choose…

Russia Confirms Sinking Of Its Black Sea Flagship Moskva Update(1607ET): In an afternoon briefing the Pentagon had said Russia’s Moskva warship was still battling a fire, and likely being towed to port after an emergency evacuation of the over 500 crewmembers.  Now the Russian Defense Ministry is for the first time confirming that its Moskva…

“It’s A Shitshow Of Illiquidity Everywhere” – Market Mayhem Strikes Ahead Of Long Weekend One quick glance across your screens today and you would think WW3 actually started or Biden died or some such epochal event… but no. Instead, amid some modest softness in retail sales and surging sentiment, the magnitude of movements in bond…