Industrial War Machine Complex – Buy Bitcoin Defeat Corrupt Governments Everywhere!!

Have We Lost The Ability To Adapt To Rapidly Changing Circumstances?

Authored by Charles Hugh Smith via OfTwoMinds blog, Successful adaptation requires a willingness to accept the risks of experimentation, innovation, flexibility and failure. The idea that the pace of change in technology, the economy and society is accelerating is increasingly self-evident. That this acceleration exceeds our built-in ability to adapt to change is the thesis […]

Russian Ambassador To Sudan Found Dead, Drowned In Own Pool

Eight months after the Russian ambassador to Turkey, Andrei Karlov, was shot dead in broad daylight, on Wednesday yet another Russian ambassador has died. According to Russian news agency RIA Novosti, the Ambassador of the Russian Federation to the Republic of Sudan, Mirgayas M. Shirinskiy, was found dead in his home in Khartoum Wednesday. Al […]

They’re Using Bernie Madoff Math To Hide A Crisis

Authored by Nick Giambruno via InternationalMan.com, Politicians are always generous with other people’s money… until it runs out. Near the peak of the late-’90s tech bubble, California’s legislature passed the largest pension increase in its history. Today, with as much as $750 billion in unfunded public pension debt, California has one of the worst pension […]

Shutdown Shivers Sink Stocks But Bonds, Bullion, & Black Gold Bounce

US stock market investors as the debt ceiling deadline looms… (if you just looked up, you'd see it coming)   Surveying the post-Trump damage… Trump's government shutdown guffawing overnight sparked more debt ceiling anxiety…   And the inflection is getting worse… As Treasury cash dwindles… Trump also trounced the Mexican Peso on border wall/NAFTA talk […]

Uber Burned $600 Million In Q2: Key Results

With Uber once again in the media spotlight, following yesterday’s WSJ report that several mutual funds have – for the first time ever – cut their valuation of the world’s most valuable private company by up to 15%, and today’s lengthy Reuters expose questioning just what the company’s true value is, moments ago Uber’s Q2 […]

Tesla Bonds Are Now Riskier Than Ukraine’s

Considering both entities are 'backed' one way or another by the US Government, it is perhaps not a total surprise that the risk of Ukraine government bonds and the risk of Tesla bonds are 'similar'… But the last few days have seen the world's 4th largest automaker (by market cap) trade at a more risky […]

Autos Expose Economy’s Fragility As Credit-Compelled Car Sales Continue To Collapse

Authored by Danielle DiMartino Booth via Bloomberg.com,  The revival of the auto industry drove the factory sector out of recession; the flipside doesn’t look promising. Federal Reserve data released last week on July industrial production offered little more than more of the same. Despite post-election optimism for a rebound in activity on the nation’s factory […]

New UC Berkeley Study Suggests That Only “Hot” Women With Nice “Tits” Get Econ Prof Jobs

In a study that the New York Times described as “pathbreaking,” University of California, Berkeley economist Alice Wu took a look at why women are so massively underrepresented in the Economics departments of prestigious universities around the country.  To our complete ‘shock’, she found that it has a lot to do with the ‘fact’ that […]

Now You Can Be As Cool (& Short Credit) As Carl Icahn

Authored by Kevin Muir via The Macro Tourist blog, I know all the cool kids like to quote Nassim Taleb and give dire warnings about the coming collapse of risk assets, but I must have too many years of playing Dungeons & Dragons because I just can’t seem to join their club. I don’t see […]

German Central Bank Completes Repatriation Of $28 Billion In Gold Three Years Ahead Of Schedule

On January 16, 2013, the Bundesbank – one of the biggest gold holder in the world, with 3,378 tonnes – shocked the world: out of the blue, the German central bank announced that by December 31, 2020, it intends to store half of Germany’s gold reserves in its own vaults in Frankfurt, up from only […]

“Winter Is Here” For Housing – Whalen Warns “The Crowd Of Buyers Is Thinning”

Following this morning's plunge in new home sales…   After household formation collapsed in June… It appears Institutional Risk Analyst's Chris Whalen is spot on with his mortgage finance update: "Winter Is Here"… After several weeks on the road talking to mortgage professionals and business owners, below is an update on the world of housing […]

Images Emerge Of Kim Jong Un Inspecting New Missiles After Mattis Applauds “Restraint”

Kim Jong Un is once again showing the US exactly how disinterested he is in negotiating any settlement – particularly one that ultimately forces North Korea to surrender its nuclear weapons: To wit, Kim ordered more rockets and warheads during a televised visit to a local munitions factory just hours after Secretary of Defense James […]

MOAR Pipeline Wars: Jews fear being gassed (by their own government) before exports to Europe even begin

“Everybody has a plan…until they get punched in the face.” -Mike Tyson Paul Alster has an interesting story this month in The Jerusalem Post.  It begins by informing us that… “A fierce battle is being waged in the north of Israel.” Then goes on to say… It’s a battle pitching the might and financial muscle […]

Former CIA Agent Is Raising Cash To Buy Twitter And Delete Trump’s Account

Unveiling a novel, if oddly circuitous attempt to shut up President Donald Trump on his favorite social network, former undercover CIA agent Valerie Plame Wilson has launched a crowdfunding campaign in hopes of raising enough money to buy Twitter so she can then ban Trump from using it. The blonde ex-spook launched the fundraiser last […]

Transports- Global bulls market needs this support to hold!

Below looks at the Dow Jones Transports ETF (IYT) that remains in a long-term bull market.   CLICK ON CHART TO ENLARGE IYT broke to new all-time highs seven weeks ago at (1). It stayed at new highs for one week, before selling pressure started taking place. The weakness has it breaking below 18-month rising support last […]