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Latest NFIB Report Confirms Robust Health of U.S. Economy Written by Bob Adelmann

This article appeared online at TheNewAmerican.com on Wednesday, November 14, 2018:

Just when concerns over the future of the U.S. economy have reached fever pitch thanks to the recent volatility on Wall Street, along comes the National Federation of Independent Business (NFIB) to calm those concerns. Its October report, “Small Business Economic Trends”, was summed up thus:

Overall, small…

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Another Opportunity to Purchase Gold and Silver?

This article was published by The McAlvany Intelligence Advisor on Wednesday, November 14, 2018:

With gold closing at $1,202 an ounce and silver closing below $14 an ounce on Tuesday, safe haven hard money investors have the third opportunity in three years to take advantage of such prices.

In November 2015, gold bottomed at $1,081 an ounce; in December 2016 it found support at $1,169 an ounce,…

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Dow Loses 800 Points in Two Days — a Forecast of Weakening Economy?

This article appeared online at TheNewAmerican.com on Tuesday, November 13, 2018:

Monday’s selloff in stocks brought the Dow Jones Industrial Average (DJIA) down to 25,377, off more than five percent since early October. Other averages followed suit. Is this decline a harbinger of further declines to come and, more ominously, an end to the one of the strongest economic rebounds in U.S. history?

T…

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OPEC: Do “Whatever it Takes” to Balance Oil Market

This article appeared online at TheNewAmerican.com on Monday, November 12, 2018:

Following the emergency meeting attended over the weekend by members of the OPEC cartel and its non-members in Abu Dhabi, Saudi Arabia’s Energy Minister Khalid al-Falih said “We need to do whatever it takes to balance the oil market.” That goal is indicative of OPEC’s increasing nervousness that it is running out of…

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OPEC is in a Pickle, Thanks to U.S. Oil Producers

This article was published by The McAlvany Intelligence Advisor on Monday, November 12, 2018:

In this space a week ago, this writer panned King Hubbard’s “Peak Oil” theory as fracking technology and favorable market conditions for U.S. producers continued to drive world crude oil prices lower. In early October, the price of oil for November delivery was over $76 a barrel. At the market close on…

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Oil Prices Below $60; Some Say They Could Drop to $40

This article appeared online at TheNewAmerican.com on Friday, November 9, 2018:

Jim Cramer, the host of CNBC’s Squawk on the Street who never had an unexpressed opinion on things financial, told his viewers on Thursday that with crude oil prices trading down close to $60 a barrel, “I could make a case for the $40s here.” He added, “I’m just saying: look out! The economy in the world is slowing,…

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Ginsburg’s Fall Could Give Trump Another Supreme Court Appointment

This article was published by The McAlvany Intelligence Advisor on Friday, November 9. 2018:

Jewish comedian Woody Allen liked to quote the Yiddish proverb, “If you want to make God laugh, tell him about your plans.” Jewish Supreme Court Justice Ruth Bader Ginsburg should have listened to Woody. In July she gave a not so oblique hint that she would stay on the Supreme Court as long as she could…

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Wall Street Loves Gridlock: Stocks Jump Two Percent Day After Midterms

This article appeared online at TheNewAmerican.com on Thursday, November 8, 2018:

Stocks leapt upward on Wednesday as investors came to realize what the midterm elections meant: gridlock. As analysts from Bank of America Merrill Lynch noted before the election, “Gridlock (nothing done, nothing undone) might not be a bad outcome, and has historically been a good environment for stocks.”

Generally,…

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Resistance to Red Flag Laws Cost This Gun Owner His Life

This article was published by The McAlvany Intelligence Advisor on Wednesday, November 7, 2018:

Trekkies will remember the Borg as cybernetic organisms that live in a hive mind called “The Collective.” They co-opt technology from other species and gain such power that “resistance” to them “is futile.”

Gary Willis, a law-abiding gun owner living in Ferndale, Maryland, resisted, and paid for it…

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Law-abiding gun Owner Killed During Red Flag Confiscation Raid

This article appeared online at TheNewAmerican.com on Tuesday, November 6, 2018:

Gary Willis, a resident of Ferndale, Maryland, was awakened Monday morning at 5:17 a.m. when two officers from Anne Arundel County knocked on his door. A law-abiding gun owner, Willis answered the door “with a gun in his hand,” according to a police department spokesman. They were there to serve him with an “extreme…

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Wall Street Journal Says Dems Take House Tomorrow. Or Will They?

This article appeared online at TheNewAmerican.com on Monday, November 5, 2018:

Calling the results for Tuesday’s midterms a possible “mixed verdict,” Jane Hook of the Wall Street Journalwrote on Sunday that the vote is “widely viewed as a referendum on the first two years of Donald Trump’s presidency.” With the president focusing on retaining and possibly expanding the Republican Party’s…

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U.S. Officially the World’s Largest Crude Oil Producer

This article appeared online at TheNewAmerican.com on Monday, November 5, 2018:

In an interview with CNNMoneyin June, Pioneer Natural Resources Chairman Scott Sheffield said he expected U.S. crude oil production to surpass 11 million barrels a day by this fall, making the United States the world’s top oil producer. Right on schedule the Energy Information Administration announced on Thursday…

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So Much for King Hubbard’s “Peak Oil” Theory

This article was published by The McAlvany Intelligence Advisor on Monday, November 5, 2018:

When M. King Hubbard concluded in 1956 that the world would shortly run out of oil, his theory was adopted by environmentalists and government meddlers as the basis for interference in the energy business.

Hubbard’s theory initially predicted that U.S. crude oil production would peak at around 1970.…

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Jobs Report So Strong Even Democrats Can’t Find Anything Wrong With It

This article appeared online at TheNewAmerican.com on Friday, November 2, 2018:

Friday’s jobs report from the Bureau of Labor Statistics (BLS) was so strong that even Democrats could find nothing in it to criticize. And they were looking, especially as the midterms are just days away.

Tweeted Jason Furman, who headed President Obama’s Council of Economic Advisors: “I’m not seeing anything bad in…

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The Judge, the Journal, and the Warsaw Ghetto Uprising

This article was published at The McAlvany Intelligence Advisor on Friday, November 2, 2018:

Back in January 2013, former New Jersey Superior Judge Andrew Napolitano taught a history lesson:

The right of the people to keep and bear arms is an extension of the natural right to self-defense and a hallmark of personal sovereignty. It is specifically insulated from governmental interference by the…

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Wall Street Journal: “How Many Guns Do Americans Own?”

This article appeared online at TheNewAmerican.com on Thursday, November 1, 2018:

In an improbable article from an unlikely source, Wall Street Journalwriter Joel Eastwood asks an impertinent question, “How Many Guns Do Americans Own?” Eastwood answers the rhetorical question himself: No one knows because of a lack of a central database. “With no central database,” he states, those interested in…

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Stocks Bounce Higher on Better-than-expected Jobs Report

This article appeared online at TheNewAmerican.com on Wednesday, October 31, 2018:

Stocks bounced higher on Wednesday following Tuesday’s relief rally, responding to another positive employment report from ADP/Moody’s.

October has been awful for stocks: Even after Tuesday’s rally, the Dow Jones Industrial Average (DJIA) was down 5.9 percent for the month, while the S&P 500 Index was off by 7.9…

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