By Michael Snyder,

There is much debate about where the U.S. economy is ultimately heading, but what everybody should be able to agree on is that economic conditions are significantly worse this year than they were last year.  It is being projected that U.S. economic growth for the first quarter will be close to zero, thousands of retail stores are closing, factory output is falling, and restaurants and automakers have both fallen on very hard times.  As economic activity has slowed down, commercial and consumer bankruptcies are both rising at rates that we have not seen since the last financial crisis.  Everywhere you look there are echoes of 2008, and yet most people still seem to be in denial about what is happening.  The following are 11 facts that prove that the U.S. economy in 2017 is in far worse shape than it was in 2016…

#1 It is…

In this news brief we will discuss the latest news on the economic collapse. We look to see if things are really that different. The central bank will not stop at just confiscating your wealth they will want your life. They want to enslave the people.

Source: X22Report Bubbles Are Popping, Prepare for Collapse – Episode 1261a | Politics

Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.”

– Richard Hayne, Urban Outfitters CEO, March 2017

The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar retail bankruptcies, it is perhaps nowhere more obvious than in the soaring number of store closures.

While the shuttering of retail stores has been a frequent topic on this website, most recently in the context of the next “big short”, namely the ongoing deterioration in the mall REITs and associated Commercial Mortgage-Backed Securities and CDS, here is a stunning fact from Credit Suisse:“Barely a quarter into 2017, year-to-date retail store closings have already surpassed those of 2008.”

According to the Swiss bank’s calculations, on a unit basis, approximately 2,880 store closings were announced YTD, more than twice as…

Source: Prediction Of Economic Difficulties | Simon Parkes Official Website

By Paul Buchheit While the United States is ranked 37th in the world in education spending, the 14 richest Americans earned enough money from their investments in 2015 to hire two million preschool teachers. Yes, inequality is getting worse every year. In early 2016, Oxfam reported that just 62 individuals held the same wealth as the bottom…

via Morbid Inequality: Now Just SIX Men Have as Much Wealth as Half the World’s Population — Prepare for Change

What tentative hope had emerged for a rebound for the U.S. restaurant industry at the start of the year, was doused last month when in its February Restaurant Industry Snapshot, TDn2K found that “Restaurant Sales and Traffic Tumble in February” and reported that same-store sales fell -3.7% in February, with traffic declining -5.0% . It did however leave a possibility that things may turn around as a result of the prompt disbursement of withheld tax refunds in the month, which it suggested may have adversely affected sales and traffic.

Alas, that did not happen, and restaurant struggles continued in March as sales and traffic again declined year-over-year: same-store sales were down 1.1% while traffic dropped 3.4%. March results were disappointing for an industry desperately trying to reverse performance trends; with sales now negative in 11 out of the last 12 months, the longest stretch since the financial crisis…

This was a holiday-shorted week, due to Good Friday, and we are posting this Monday evening due to today being a holiday in much of the world.

Gold and silver went up the dollar went down, +$33 and +$0.53 -64mg gold and -.05g silver. The prices of the metals in dollar terms are readily available, and the price of the dollar in terms of honest money can be easily calculated. The point of this Report is to look into the market to understand the fundamentals of supply and demand. This can’t necessarily tell you what the price will do tomorrow. However, it tells you where the price should be, if physical metal were to clear based on supply and demand.

Of course, two factors make this very interesting. One is that the speculators use leverage, and they can move the price around. At…

Despite the recent modest profit-taking in the S&P 500, the market – just shy of its all time high 2,400 level – remains in nosebleed valuation territory.

As Bank of America calculates, in March the S&P 500 forward P/E was little-changed amid a flat month for stocks, and at 17.5x continues to trade at its highest levels since 2002 (on a trailing basis P/E is at 19.6 and 29.0 based on the Shiller PE). This is almost one turn higher since we last performed a similar valuation exercise back in December.

Hardly a bargain, stocks remain stretched vs. history on the majority of metrics Bank of America tracks (Table 2) and as Savita Subramanian points out, the only way stocks still look cheap is relative to bonds. While BofA is quick to warn that today’s elevated valuations suggest longer-term caution on stocks, it reminds clients that “valuations typically…

Clif High tells FinanceAndLiberty his calculations are predicting a “gold rush” in the coming months. As for the silver market, High says a slippage of control will occur between now and May.

Clif High has a patent on computer-assisted reading technology which allows reading from computer screens at up to 2000 words per minute. Reaching into other areas of hidden potential within language use by humans, he has been developing a system of software internet agents (like search engines use) and other proprietary processing methods to predict future events.

The software project, begun in 1997, captures near-real-time changes in language patterns within internet discussions. Then, employing radical linguistic techniques of his own devising, he develops a model which anticipates future events with some seeming accuracy. The processing has, at its core, a method of assigning emotional values to complex content and time carry-values…

*This article is a summary of a larger article put together by J.B. Handley at Healthcare in America. It is a conglomeration of a wide body of recent research pieced together by a growing group of concerned scientists. For more information, please visit the website, vaccinepapers.org. A study out of China is the first to test…

via Groundbreaking: China Study Links Immune Activation By Vaccination & Autism — Collective Evolution

By Michael Synder

S&P 500 tech stocks have now fallen for 9 days in a row.  The last time tech stocks declined for so many days in a row was in 2012, and that was the only other time in history when we have seen such a long losing streak.  As I have stated before, the post-election “Trump rally” is officially done, and the market is starting to roll over as investors begin to realize that all of the buying momentum has completely evaporated.  Tech stocks tend to be particularly volatile, and so the fact that they are starting to lead the way down should definitely be alarming to many in the investing community.

Of course it isn’t just tech stocks that are falling.  The Dow was down another 59 points on Wednesday, and the S&P 500 has closed beneath its 50 day moving average for the very…

04/07/2017 Friday – Jim Willie on The Strength in Silver and China’s Bitch (JP Morgan).
GoldenJackass.com is where you can find Jim Willie who doesn’t give a damn about plastic Dollars, but does explain how a gold-backed currency basket of nations might leave the US the odd man out.

GoldenJackass.com Summary

(Get Your Hat Trick Newsletter Today)

topics covered include
– Syrian War with US-led hidden ISIS involvement in grand confusion
– falsified ISIS videos continue with guerrillas posing as rescue workers over fake victims
– risk to paper assets with favor to Gold & Silver investments
– the grand suppression of the Gold market since the Lehman event during the QE hyper monetary inflation episode
– the 5-fold rise in money supply since Lehman event as justification for 5-fold sudden rise in Gold price
– the stupid argument (propaganda) of not sufficient amount of Gold bullion to cover currencies…

LAST MONDAY THE RUSSIANS OPENED A BRANCH OF THERE RUSSIAN NATIONAL BANK IN BEIJING, CHINA TO BYPASS THE DOLLAR AS A MAJOR TRADE INSTRUMENT.

THIS OPENING WAS PLANNED IN OCTOBER 1959

TODAY THE INTER TRADE DEPARTMENT – 100 ACRES SET ASIDE TO PROMOTE TRADE BETWEEN CHINA AND RUSSIA – IN ST PETERSBURG RUSSIA OPENED WITH THE “FRUCT” CONFERENCE IN ST PETERSBURG

THE TRADE PLATFORM HAS BEEN PLANNED, BUILT AND IS NOW IN FULL OPERATION COMPLETELY BYPASSING THE BANK OF INTERNATIONAL SETTLEMENTS.

THE WAR IN NORTH KOREA/SYRIA ARE DISTRACTIONS FOR THE HUGE ECONOMIC RESET ABOUT TO TAKE PLACE.

TODAY WE HAVE CHARLES FROM NOBLE GOLD TO EXPLAIN WHAT IS HAPPENING AND HOW YOU CAN PROTECT YOUR ASSETS…

Source: DR WILLIAM MOUNT: Dollar To Loose World Reserve Currency Status

By Lisa Haven

The New World Order’s International Monetary Fund (IMF) is a powerful and manipulative globalist organization known for monitoring the financial health of more than 188 countries, establishing global money laws and providing “bail-out’s” to nations. They have a lot of power and are capable of accomplishing tasks of unprecedented proportions. They are an organization we need to keep a very close eye on.

In the video, I interview the CEO of Nobel Gold Investments, Charles Thorngren, and delve through the IMF’s and the globalist’s nasty plans. Charles reveals how the IMF is making their move to crash the dollar and send the American population into a whirlwind of panic! He further reveals how to survive their “chess game of life.”

Please, Please don’t miss this VITAL report…

Source: Economic Insider Reveals Secrets Privy Only to a Few: It’s About to Get Bumpy | Economics and Politics

WELLS  FARGO  CLAWING  BACK  $75.3  MILLION  MORE  FROM FORMER EXECUTIVES  IN  FAKE ACCOUNTS  SCANDAL!

Monday, 10-Apr-17
Nathan Bomey, and Kevin McCoy
USA TODAY

Wells Fargo said Monday it is clawing back $75.3 million in additional compensation from top former executives after an internal investigation of the bank’s unauthorized accounts scandal found that the ex-leaders acted too slowly to investigate allegations of “improper and unethical behavior” in retail sales practices reaching back more than a decade.

The clawbacks are among the highlights of a  report that said aggressive sales practices in the community banking division of Wells Fargo (WFC) for years distorted “culture and management performance” and “created pressure on employees to sell unwanted or unneeded products to customers and, in some cases, to open unauthorized accounts.”

Produced by independent board members of the bank along with outside legal investigator, the report blasted Wells Fargo executives for failing to…

WELLS  FARGO  CLAWING  BACK  $75.3  MILLION  MORE  FROM FORMER EXECUTIVES  IN  FAKE ACCOUNTS  SCANDAL!

Monday, 10-Apr-17
Nathan Bomey, and Kevin McCoy
USA TODAY

Wells Fargo said Monday it is clawing back $75.3 million in additional compensation from top former executives after an internal investigation of the bank’s unauthorized accounts scandal found that the ex-leaders acted too slowly to investigate allegations of “improper and unethical behavior” in retail sales practices reaching back more than a decade.

The clawbacks are among the highlights of a  report that said aggressive sales practices in the community banking division of Wells Fargo (WFC) for years distorted “culture and management performance” and “created pressure on employees to sell unwanted or unneeded products to customers and, in some cases, to open unauthorized accounts.”

Produced by independent board members of the bank along with outside legal investigator, the report blasted Wells Fargo executives for failing to…

[ZurichTimes] Clif does not hold back in this interview with Greg Hunter and forecasts we are in “an extinction level event” scenario based on his predictive linguistics data mining. Bond Market Crash around September, 2017 and Economic Collapse to coincide with Currency Market Crash. And yes Google has gone Evil.