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Scott Cahill: Collapse Risk At The Oroville Dam Is Still Unacceptably High

Authored by Adam Taggart via PeakProsperity.com, Remember the crisis earlier this year at the Oroville Dam? The overflow from California's winter of heavy rain threatened to overpower our country's tallest dam. A cascading failure of the dam's main gates, its primarily spillway AND its emergency spillway had the world watching hour by hour to see […]


Al Sharpton Is Shocked At The “Poisonous Atmosphere” In America “Being Stoked By The President”

Al Sharpton, who’s built his career on stoking racial tensions for personal and financial gain, accused President Donald Trump of inciting a “poisonous atmosphere” in the US. “We’re in a poisonous atmosphere that is being increased by the president of the United States. It’s like turning on the gas in a room.”      “Any […]


College Professors Begin Direct Support For AntiFa Groups On Campuses

Authored by Jacob Grandstaff via Campus Reform, Two professors, one from Purdue University and the other from Stanford University, are assembling a "Campus Antifascist Network" (CAN) to serve as a “big tent” for “anyone committed to fighting fascism.” Despite the reputation Antifa groups have cultivated for employing violence to shut down opposing speakers, the professors […]


College Profesors Begin Direct Support For AntiFa Groups On Campuses

Authored by Jacob Grandstaff via Campus Reform, Two professors, one from Purdue University and the other from Stanford University, are assembling a "Campus Antifascist Network" (CAN) to serve as a “big tent” for “anyone committed to fighting fascism.” Despite the reputation Antifa groups have cultivated for employing violence to shut down opposing speakers, the professors […]


Former U.S. Attorney On Awan Indictment: “There Is Something Very Strange Going On Here”

We’ve written frequently over the past couple of months about the litany of unanswered questions surrounding the mysterious case of Debbie Wasserman Schultz’s (DWS) IT staffers.  Why did DWS seemingly threaten the chief of the U.S. Capitol Police with “consequences” for holding equipment that was confiscated as part of an ongoing legal investigation?  Why did […]


Funds Managing $1.1 Trillion Are Dumping Junk Bonds

Even before Ray Dalio doubled down on his warning that the US has become as dangerously fragmented as during the pre-World War II days of 1937, prompting him to “tactically reduce” risk, some of the biggest names on Wall Street were selling. Two weeks ago, T.Rowe Price made waves when it said that it had […]


There’s A New Subprime Crisis, But It’s Not What You Think

Authored by Robert Colvile via CapX.co, The struggles of Provident Financial have fuelled concerns about a new sub-prime crisis Buyers of Provident's car loans are up to their eyeballs in debt Regulation has discouraged big banks from offering affordable credit to the poor A decade on from the financial crisis, the reports today about the […]


WTI Drops After 3rd Weekly Build In Gasoline Inventories

Amid Libya headlines and contract rollover, WTI prices were wild heading into the inventory data tonight. Following two weeks of surprising builds in Gasoline inventories, API reports a surprise 3rd weekly build in gasoline inventories, and crude drawing only modestly (in line with expectations). The initial reaction was a kneejerk lower, breaking down the day's […]


Here’s How The Next Recession Begins

Authored by Simon Black via SovereignMan.com, In 1886 there were only 38 states in the United States. Electric power was still cutting edge technology that few people had ever seen. The Statue of Liberty hadn’t even been dedicated yet. But it was that year that a man named Richard Sears founded a small retail company […]


Stocks Surge To Best Day In 4 Months As Warmongery & Tax Talk Trump Debt-Ceiling Doubts

Seriously…   Thanks to The White House saying something de minimus about Tax Reform progress (and a little help from Boeing after Trump's warmongery), Nasdaq was the day's best-performer as The Dow had its best day in 4 months…   Futures show the driver of the actions…   Bonds & Bullion were sold post-tax-headline as […]


One Trader’s Antidote To ‘Billionaire Bear’ Dalio’s Fearmongering

Authored by Kevin Muir via The Macro Tourist blog, Yesterday, yet another Billionaire Bear issued a stark warning. This time it was Bridgewater Chief Investment Officer Ray Dalio who penned a piece comparing the current environment to 1937. This was after an earlier in the month letter where Bridgewater warned that risks were rising, and […]


Defining Hypocrisy: Democrats Warn Steve Bannon Against Publishing Classified Info On Breitbart

Now this is rich.  After nearly 9 months of Democrat operatives leaking every piece of sensitive and/or embarrassing information they could get their hands on to the New York Times and Washington Post, they’re now suddenly worried about Steve Bannon doing the same.  We guess it’s one of those ‘do as I say, not as […]


“The Perfect Storm Is Brewing”: Goldman Warns Italy Has The Lowest Capacity To Absorb Migrants

While Europe’s economy and capital markets have been spared any major shocks in the past year, and in fact European GDP has been on a surprisingly resilient uptrend in recent quarters led higher by the relentless German export-growth dynamo (courtesy of the very, very low Deutsche Mark and a lot of broke Greeks), an old […]


How To Set Up Your Own Bitcoin/Ethereum IRA

Authored by Eric Falkenstein via Falkenblog, For the past couple of centuries technology empowered the state, put more things under its control. They have ultimate custody of all your financial assets, and custody is nine-tenths of the law. You simply can't hold $1M in financial assets in a form where 'The Man' can grab it if he […]


Lebanese Army Finds ISIS Anti-Aircraft Missile Cache: Could Passenger Jets Be Hit?

Does ISIS have the capability of taking out a civilian passenger jet? According to an alarming new report by Reuters the answer appears to be yes. The Islamic State has long been rumored as in possession of surface-to-air missiles, and now it appears a US ally is providing ground level confirmation of what might be a […]