by Tyler Durden For the past eight decades Saudi Arabia has been careful. Using its vast oil wealth, it’s quietly spread its ultra-conservative brand of Islam throughout the Muslim world, secretly undermined secular regimes in […]
by Tyler Durden On Tuesday, Brussels and Berlin got what amounted to the worst news possible out of Portugal. In what sounds like the plot of a McCarthy-era propaganda spy novel, the Socialists and Communists have […]
by Tyler Durden After some initial excitement, November has seen crude oil prices collapse back towards cycle lows amid demand doubts (e.g. sllumping China oil imports, overflowing Chinese oil capacity, plunging China Industrial Production) and […]
The economic picture manufactured by the national consensus trance has never been more out of touch with reality in my lifetime. And so the questions as to what anyone might do can hardly be addressed. […]
Billionaire power broker Paul Singer thinks easy money policies have failed miserably… Singer founded Elliot Management, a hedge fund that manages $27 billion. He generated an average annual return of 14% from 1977 to 2012. […]
Today a 50-year market veteran warned King World News that the unsuspecting public is being led into immense financial destruction. November 4 (King World News) – John Embry: “Well, as I remarked to you last week, Eric, about […]
by Tyler Durden Over the last five or so weeks, Washington has been in panic mode with regard to America’s “fight” against ISIS. Once the Russians arrived at Latakia and began to provide air cover […]
BY JAMES RICKARDS In describing the dynamics of currency wars, I consistently use metaphors such as a tug of war or seesaw. This is to indicate that currency wars are never a one-way bet. Exchange […]
by John Rubino on November 2, 2015 Bloomberg just cited some stats that validate the average American’s sense of being ripped off: Here’s How Much QE Helped Wall Street Steamroll Main Street Wall Street is […]
by John Rubino The markets seemed to like what the Fed had to say yesterday, including the part about definitely, for sure, no kidding around this time raising interest rates in December. Especially elated were […]
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