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Realtors In Miami And Manhattan Are Embracing Bitcoin

Back in September, we reported on a major milestone in bitcoin’s evolution into a respectable medium of exchange for large purchases: A Dallas real estate agent had negotiated the first all-bitcoin purchase of a US home on record. Few details about the home or the identity of the buyers were released. However, given bitcoin’s blistering […]


The Real Cost Of War: Three Times More Than The Government Admits

Imagine if the $5.6 trillion that it is now estimated to have been spent on 16 years of US global wars had been put to better use? Imagine how families would have been able to afford education if the value of the dollar had not been inflated away to fund the military industrial complex. In […]


Bitter Hillary Fantasizes With “Journalist” About Becoming President Of Another Planet

A bitter Hillary Clinton may have finally just developed a plan that would fulfill her lifelong dream of wielding complete power while simultaneously granting her detractors their lifelong dream of being rid of her.  The plan, apparently hatched in an interview with Now This News, envisions Hillary traveling to an alien planet, Earth 2, where […]


The Wireless Power Grid: More Than A 100 Years In The Making

Authored by Julieanne Geiger via OilPrice.com, If you can imagine a massive, horrifying beast with some 6 million miles of tentacles that costs up to $33 billion to feed and $5 trillion to replace, then you can imagine the U.S. electricity grid. But it’s a beast that can possibly be vanquished, finally. How? Magnetic induction […]


Wild Footage Of Mugabe’s Son Drenched In Diamonds, Right Before Zimbabwe Coup

Days before the military coup d’état in Zimbabwe, one of Mugabe’s sons uploaded a snapchat displaying his £45,000 diamond watch with £200 champagne, according to Daily Mail. The story went viral fueling anger of Zimbabweans as the country suffers from an economic collapse with a 95% unemployment rate. The video shows Chatunga Bellarmine Mugabe in a South African nightclub pouring […]


Thanksgiving Travel: Trump’s Holiday Gift Is More Invasive Airport Security

Authored by James Bovard, op-ed via USAToday.com, Federal groping-on-steroids is not making flying safer. TSA is a farce and a menace, and should be privatized… On the campaign trail last year, Donald Trump derided the Transportation Security Administration as a “total disaster.” But his administration is making TSA more intrusive and abusive while its 42,000 screeners remain as incompetent as […]


Trump Administration Ends Immigration Protections For Haitians Displaced By 2010 Earthquake

In a decision that was widely anticipated, the Trump administration has decided to end immigration protections for Haitians who migrated to the US following a devastating earthquake that laid waste to Haiti back in 2010.Now, the 50,000 Haitians still living in the US under the protections have 18 months to leave, according to the Department […]


Why Is The DOJ Downplaying Reports Of Proof Linking Obama And Clinton To Russian Corruption

Following the release of the identity of the FBI informant, Justice Department officials in recent days said that informant William Campbell’s prior work won’t shed much light on the U.S. government’s controversial decision in 2010 to approve Russia’s purchase of the Uranium One mining company and its substantial U.S. assets. However, The Hill's John Solomon […]


Cash-Hemorrhaging Uber Announces Plans To Drop $1 Billion On Driverless Volvos

Earlier this summer we noted Uber’s staggering 2Q cash burn of $600 million which equates to roughly $7 million in net cash outflows every single day.  The staggering, and consistently growing, cash burn figures resulted in several mutual funds announcing they would slash their valuations of the struggling rideshare company by up to 15%.  Of […]


Bubble Dynamics and Market Crashes

Authored by James Rickards via The Daily Reckoning, To paraphrase one of the great gems of Wall Street wisdom, “Nothing infuriates a man more than the sight of other people making money.” That’s a pretty good description of what happens during the late stage of a stock market bubble. The bubble participants are making money […]


Saudi Purge Claims Its Latest Corporate Victim As Kingdom Holdings Sees $1.3 Billion Bank Deal Collapse

For the past couple of weeks we’ve written frequently about the sudden political turmoil in Saudi Arabia that resulted in two Saudi princes being killed in a span of just 24 hours and dozens others being detained on charges of corruption while having their bank accounts frozen.  Here are couple of our most recent background […]


Learning From The ’80s: The Power And Irony Of “MDuh”

Authored by Daniel Nevins via FFWiley.com, Forget about big hair, Ray-Bans, and Donkey Kong. Don’t even think about Live-Aid, Thriller, and E.T. Above all else, the 1980s were the gravy days of the money supply aggregates. Beginning in late 1979, the Fed built its policy approach around the aggregates – primarily M1 but occasionally M2, […]


Trump Dissolves Charitable Foundation (As Promised)

Fulfilling a promise he made in December 2016, NBC News reports that President Trump is in the process of dissolving his charitable foundation, which admitted last year that it violated federal rules on "self-dealing." As we noted in December, the foundation, which has been the subject of several controversies and investigations, was originally set up […]


100 Billion Reasons To Have Non-Reportable Assets

Authored by Simon Black via SovereignMan.com, In early March 1938 in a dusty corner of the Arabian desert, Max Steineke finally had the breakthrough he was hoping for. Steineke was the chief geologist for the California Arabian Standard Oil Company (CASOC), a venture owned by what we know today as Chevron. And he hadn’t had […]


Watch Live: AT&T, Time Warner Respond To DOJ Anti-Trust Lawsuit

Update (5:40 pm ET): In a statement, AT&T CEO Randall Stephenson vowed to fight the DOJ's lawsuit. He said AT&T's challenge is about preserving the rule of law against an overreaching DOJ anti-trust division. He also said that, while he doesn't know for sure if the opposition is political in nature, he's not surprised that […]