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

Weekend Reading: Storm Warning

Authored by Lance Roberts via RealInvestmentAdvice.com, No, I am not talking about “Hurricane Harvey” which will likely be the first hurricane to strike the Texas coast since 2008, but rather the potential for another “debt ceiling” debacle brewing in Washington. Just recently, Goldman Sachs raised its odds for a government shutdown from 33% to 50% which […]

Jackson Hole’d – Dollar Dumps To 2-Year Lows After 2 Million Ounce Gold Flush

The dollar today…   Summarizing the week's moves: Dollar dump sparks buying binge in bonds, bullion, and stocks (but sinks FANG Stocks) And this was what happened in FX markets…   Early stock gains – once again thanks to Gary Cohn confirming he is not resigning – topped out as Yellen's speech was released. Once […]

Fidelity Says Baby Boomers Haven’t Even Saved Enough To Cover Their Healthcare In Retirement

While statistics are somewhat sketchy on the topic, most research suggests that the average retirement-age household has managed to set aside roughly $200,000-$250,000 for their golden years.  Unfortunately, they’ll need more than that just to cover their healthcare costs.  Per Bloomberg notes today, the average 65-year-old couple will need roughly $275,000 to cover their healthcare […]

23 Of The Last 24 Times, This Prompted A Market Plunge

While FundStrat's Tom Lee has not been banned from ESPN, he may well be banished from mainstream business media as not only is he bullish Bitcoin, and the S&P's most-bearish strategist (target 2,275 year-end), he is now calling for a 5% correction in stocks as market breadth collapses… "The constellation of evidence is growing supporting […]

Draghi Fears “Return Of Protectionism”; Warns Regulators Against “Rekindling Incentives That Led To Crisis”

As a reminder, it was in Jackson Hole three years ago that Draghi laid the groundwork for the launch of the ECB's 2.3 trillion-euro asset-purchase program. They looked pensive before he spoke… Following Yellen's "unhawkish" nothing-burger of a speech (which has sent the broad dollar index to 2 year lows), all eyes were on whether […]

Vegas Nightmare: McGregor Knock Out Would Be “Single Biggest Loss In History Of Sports Betting”

This weekend’s long-awaited fight between undefeated boxer Floyd “Money” Mayweather and Ultimate Fighting Championship star Conor McGregor is making bookies nervous. After oddsmakers failed to anticipate that the UK would vote for Brexit, and that President Donald Trump would manage an upset victory in November's US election, Las Vegas's gambling professionals are afraid that McGregor […]

In Furious Attack, Poland Slams “Arrogant” Macron, Says “You Won’t Rule Europe”

Even as recent European outcast Poland is demanding World War II reparations from Germany, causing a rift between Warsaw and Berlin, it has engaged in another diplomatic feud, this time with French president Macron, who as we learned overnight spends $10,000 each month on make up. The latest spat started on Friday when French President […]

British Spy Linked To Trump Dossier Ordered To Testify In Buzzfeed Suit

Christopher Steele, the former British spy behind the now-infamous Trump dossier, has been ordered by a U.S. District Judge in Florida to provide a deposition in a multi-million-dollar libel case brought against BuzzFeed.  According to a note from Fox News, Steele is expected to fight the request for his deposition in British courts. The former […]

Pat Buchanan Wonders…”What Still Unites Us?”

Authored by Patrick Buchanan via Buchanan.org, Decades ago, a debate over what kind of nation America is roiled the conservative movement. Neocons claimed America was an “ideological nation” a “creedal nation,” dedicated to the proposition that “all men are created equal.” Expropriating the biblical mandate, “Go forth and teach all nations!” they divinized democracy and […]

US Crude Production Hits 25-Month Highs Despite Stabilization In Rig Count

While the US oil rig count has gone nowhere for the last 9 weeks (down 4 to 759 this week and with last week's drop the largest in 7 months), US crude production continues to rise, now at its highest since July 2015. *U.S. OIL RIG COUNT DOWN 4 TO 759 , BAKER HUGHES SAYS […]

America’s “Deep State First” Policy

Authored by Bonner & Partners' Bill Bonner, annotated by Acting-Man's Pater Tenebrarum, Lighting a Candle On Tuesday, Donald Trump, president of all the Americans, said his country would spend more blood and money trying to force the Afghans to do what it wants them to do, whatever that is.   If you are destined to […]

Mystery Deepens After US Confirms 16 Diplomats Suffered “Traumatic Brain Injury” In Cuban ‘Sonic Attack’

One of the most bizarre stories this week took a more sinister turn yesterday as the US State Department officially confirmed 16 US Government employees were affected by health attacks in Cuba. State Deaprtment spokesperson Heather Nuarte calmly explained the details, which are quite frankly stunning… .@statedeptspox: We can now confirm that at least 16 […]

US Bans Dealing In Venezuelan Government Debt And New State-Owned Oil Company Debt & Equity

President Trump just signed an executive order deepening the sanctions on Venezuela, confirming the rumors of a ban on trading in Venezuelan debt that sent VENZ/PDVSA bonds tumbling. As we noted previously, on Tuesday evening, the WSJ reported that the U.S. government is considering "restricting trades in Venezuelan debt as it seeks to punish President […]

Sears Death Spiral Accelerates: Vendors Halt Shipments As Cost Of Default Insurance Soars

When we commented back in March on the unexpected “going concern” notice in Sears’ 10-K which sent the stock crashing, we pointed out the immediate spin provided by Eddie Lampert’s distressed retailer which promised that its comeback plan may help alleviate the concerns, “satisfying our estimated liquidity needs 12 months from the issuance of the […]

Cryptocurrencies: The Unfolding Fiat Digital Scheme

Interested in precious metals investing or storage? Contact us HERE    Cryptocurrencies: The Unfolding Fiat Digital Scheme Posted with permission and written by Rory Hall, The Daily Coin (CLICK HERE FOR ORIGINAL)     The feature image below is a depiction of Satoshi Nakamoto. We think it’s the person in the middle, because he looks […]