BY BYRON KING On Oct. 14, 1947, American test pilot Chuck Yeager took flight above Muroc Dry Lake, in California’s Mojave Desert. He broke the sound barrier in a small, streamlined aircraft called X-1. However, […]
Previously, I have written about the progression from positive interest rates to zero interest rates (since 2008) and finally to negative interest rates. And I asked my readers a simple question: How will negative interest […]
by Tyler Durden German, Japanese, and British bond yields are plumbing historic depths as low growth outlooks combined with event risk concerns (Brexit, elections, etc.) have sent investors scurrying for safe-havens (away from US Biotechs). […]
Brandon Smith This article was written by Brandon Smith and originally published at his Alt-Market.com website. Editor’s Comment: By design, America is going down. But the nation’s dumbed-down population is slow to catch on to […]
by Tyler Durden Ever since the launch of Japan’s QE, and worsening in the aftermath of January’s shocking NIRP announcement, Japan’s bond market, which moments ago slid to new record lows yields across the curve, […]
by Tyler Durden With Saudi Riyal forwards plunging back above 3.81, dramatically weaker than the current peg, Bloomberg reports that Saudi authorities are cracking down on currency traders as speculation mounts that the world’s biggest […]
Leaders face a no-win dilemma: any change of course will crash the system, but maintaining the current course will also crash the system. The end-state of unsustainable systems is collapse. Though collapse may appear to be […]
by Tyler Durden – 8:22PM One week ago, we showed the latest MarineTraffic update of the unprecedented congestion of crude oil tankers located off the coast of Singapore, together with an extended analysis of what […]
By Greg Hunter’s USAWatchdog.com Helen Davis Chaitman was the lead attorney representing the victims of the $65 billion Bernie Madoff scam. Madoff had help form JP Morgan Chase Bank, and what she found out was […]
By Michael Snyder If you have been waiting for “the next Lehman Brothers moment” which will cause the global financial system to descend into a state of mass panic, you might want to keep a close […]
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