United States

Marine Corps veteran Tommy Waller, director of special projects at the Center for Security Policy, has warned President Trump about the EMP threat facing the United States.

"Winston Churchill once said, 'History will be kind to me for I intend to write it'...

 

The surest way for history to be kind to President Trump is for him to write it, by being the first leader to truly address the existential threat of EMP.

 

Ever since the Federal Reserve first got into the business of blowing massive equity bubbles back in the 1980's, Americans have shown a willingness to happily, if ignorantly, embrace each successive iteration to the rigged market.  Of course, as E-Trade recently confirmed via the following ad, making money in equities is a very simple two-step process: (1) get invested, (2) buy a yacht made of Cuban mahogany and party with models...why would anyone in their right mind pass that up?

Update: News24 reports that Zimbabwe military commander Chiwenga says on state television that this is not a military coup.

Chiwenga goes to say that the military will bring to justice those who are responsible for "social and economic suffering in the country," that Mugabe and his family are safe, and they are targeting "criminals" around the Mugabe family.. promising the situation will return to normal soon.

Authored by Axel Merk via Merk Investments,

Last week, I got several calls asking me how U.S. tax reform will impact the price of gold. If you can answer this question, you might be able to answer how tax reform will impact other assets. Let me explain.

Earlier this morning the New York Federal Reserve released their quarterly consumer credit report which detailed, among other things, delinquencies rates on every type of consumer debt from mortgages to student loans.