If You've Got Gold, You've Got Money!
$1 Million “Moonshot” Options Betting On Bitcoin $50k About To Expire Worthless from ZeroHedge One year ago, as bitcoin prices were in free fall just after peaking above $20,000 (a peak that, as fate would have it, ended up marking...
House prices down $265,000 from peak, down $60,000 from year ago. America’s most majestic housing bubble begins to deflate. In San Francisco, the median price of single-family house sales that closed in November fell to $1.435 million. This is down...
Austrian Chancellor Supports Nord Stream 2 Pipeline, Despite ‘US Scrutiny’ from Sputnik News Austrian Chancellor Sebastian Kurz said during a meeting with business representatives on 29 November that despite the ‘US scrutiny’, Vienna remains committed to the construction of the Nord Stream 2 pipeline. He noted...
Senators Seeking To Shoot Down Yemen Bill Were Paid By Saudi Lobbyists from ZeroHedge Prior to the Oct. 2 murder of journalist Jamal Khashoggi at the hands of a Saudi assassination squad — which the CIA believes was on direct orders of crown...
November 29, 2018 by SchiffGold 0 0 Stocks rallied and the price of gold got a bounce after Federal Reserve Chair Jerome Powell released a dovish trial balloon on Wednesday. During a speech at the Economic Club of New York, Powell seemed to...
Bond ETFs and open-end bond mutual funds sound conservative in marketing materials, but they pack special risks & surprises in a downturn that can entail a catastrophic loss for investors. Exchange-traded bond funds and bond mutual funds are big business. They’re...
After losing $200 billion in value since its peak in July, with stock plummeting 40 percent in only four months, Mark Zuckerberg’s longevity as Facebook’s chairman of the board is under attack, but he’s holding all the cards. The next...
Homebuilders not amused. Sales of new single-family houses plunged 12% in October, compared to a year ago, to a seasonally adjusted annual rate of 544,000 houses, according to estimates by the Census Bureau and the Department of Housing and Urban...
Up to 16 nuclear power plants for civilian purposes? Really? By Leonard Hyman and Bill Tilles for WOLF STREET: Last week, the NY Times ran a front-page story on Saudi Arabia’s efforts to purchase nuclear fuel enrichment capabilities and as...
Eighty-four farms in the US Midwest region covered by the Minneapolis Fed’s Ninth District states (Minnesota, Montana, North and South Dakota, Wisconsin and the Upper Peninsula of Michigan) filed for chapter 12 bankruptcy in the 12 months that ended in...
The incident with the Ukrainian ships in the Kerch Strait became one of the most notorious attempts to cross Russian border in the last years. The crossing was prevented and the incident resulted in no deaths or major injuries. The attempt, however, becomes another major episode...
November 26, 2018 by SchiffGold 0 0 Peter Schiff appeared on RT Boom Bust last week and reiterated he thinks we have entered a bear market. In fact, what we’re seeing now is a deflating bubble. [embedded content] I’ve been calling for a...
November 26, 2018 by SchiffGold 0 0 Bitcoin dropped below $4,000 as a massive selloff in the cryptocurrency market continued over the Thanksgiving weekend. The price of a bitcoin fell as low as $3,604 during the sell-off. It has lost some 80% of...
Salvini Takes Control Of Europe’s Future (And The Goldman Angle) Deputy Prime Minister Matteo Salvini just declared himself the leader of the Europe’s future. He refuses to budge one inch in negotiations with the European Union over Italy’s budget now...
Alarming signals are coming from an unlikely place, the market the industry long touted as an engine of infinite growth. By MC01, a frequent commenter, for WOLF STREET: In 1990, leased aircraft accounted for 15% of airline fleets. By 2017,...
Zuesse: All US Gov’t Accusations Against Russia’s Gov’t Are Lies Authored by Eric Zuesse, via ZeroHedge THE FIRST ACCUSATION, which is the source of the Magnitsky Act sanctions against Russia, was in 2012 under U.S. President Barack Obama, and it...
The collapse of the (politicized) sports bubble is getting more evident, as the devastation in cord-cutting was revealed in Disney’s annual earnings report. It showed ESPN lost 2 million domestic subscribers over the last year, with its base audience decreasing from...
“The employees of the Russian Interior Ministry are checking the Kievskiy railway station for the presence of explosive devices there. The units of the Russian Emergencies Ministry are supporting them,” the source added. In the earlier hours of Saturday, a source told Sputnik that the...
Giant online retailer, Amazon, Inc., has been making headlines for all of the wrong reasons. First was news about a data breach where customer names and passwords were exposed due to what the company termed a “technical error”— that was...
One after the other, individual stocks are getting crushed. It was an ugly Monday and Tuesday followed by a Wednesday that at first look like a real bounce but ended with the indices giving up their gains. This was followed,...
Mining Sector in Mexico Next Target of “AMLO Effect,” Shares Plunge Mexico is #1 silver producer in the world, #2 gold producer in Latin America, and a major copper producer. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. For...
The Soros machine has hit back at Facebook after the social media giant admitted to using a Republican PR firm to cast liberal critics as operatives for the Hungarian-American activist billionaire, a claim first revealed in a November 14 New York Times exposé. ...
Eloise the siamang gibbon and her mate Unkie unexpectedly expanded their family on November 12 when the 37-year-old gave birth to the first newborn siamang the San Diego Zoo has seen in over 12 years, according to a press release. Due to the duo’s genes...
The equity markets have been gloomy in the run-up to holiday season—to say the least. Prior to Thanksgiving Day, the pivotal retail sector had posted eight straight days of losses, the sector’s longest losing streak on record. But the Thanksgiving...
