Real Estate Stats Show Big Wave Of Refinancing Is Coming – Chris Vermeulen (05/29/2020)
Current data released for the May Real Estate and Consumer Spending activity suggests a wave of refinancing is taking place – and not much else. Pending home sales slipped to 69. That level is 7.4 points below the lowest level…
Ravi Sood: Now is a Stunning Entry Point into Gold Miners – Source – Palisade Radio (05/29/2020)
Tom welcomes back a past guest, Ravi Sood. Ravi is the Chairman of Galane Gold Ltd., an unhedged gold producer, and explorer. Ravi discusses how valuations of companies can reach heights where there is little remaining upside. Today’s markets don’t…
To Prevent Problematic Inflation, We Need More Production. Which Means There’s Trouble Ahead – Thorsten Polleit (05/29/2020)
Listen to the Audio Mises Wire version of this article. The science of economics is different from natural science. In natural science, it is possible to detect regularities in the form of “When A, then B” or “If A rises by x percent, B…
‘A Year’s Worth of Suicide Attempts in Four Weeks’: The Unintended Consequences of COVID-19 Lockdowns – Jon Miltimore (05/29/2020)
The costs of the government responses to the 2020 COVID-19 pandemic have been severe. New evidence suggests they could be even worse than we imagined. An ABC affiliate in California reports that doctors at John Muir Medical Center tell them…
Why COVID-19 immunity passports may violate US law – Seema Mohapatra (05/29/2020)
Why COVID-19 immunity passports may violate US law Seema Mohapatra, IUPUI As the COVID-19 crisis wreaks havoc across the globe, a handful of countries, including Germany, Chile and the United States, are mulling the use of immunity passports to make…
Bill Barr Promised to Release Prisoners Threatened by Coronavirus — Even as the Feds Secretly Made It Harder for Them to Get Out – Ian MacDougall (05/29/2020)
ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Even as the Justice Department announced that federal prisons would release vulnerable, nonviolent inmates to home confinement…
Facebook Ignored Internal Warnings Its Algorithms Were Intensifying Divisiveness: Report – Eoin Higgins (05/29/2020)
Despite internal research that Facebook’s platform was exploiting and exacerbating divisiveness among its users, top executives ignored the findings that the algorithms were doing the exact opposite of the company’s stated public mission to bring people together. That’s according to…