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After meandering steadily higher for the past week, and completely ignoring the negative newsflow out of the Doha meeting, today oil took an unexpected leg lower to 4-day lows, leaving many stumped: what caused this drop? The answer, according to Citi, is the realization Saudi Arabia is actually making good on its threat to boost […]

The propagandic wordsmithery is becoming pathetic as the Obama administration desperately avoids having to admit that it is sending more “boots on the ground” to strengthen its invasion of Syria. Having admitted to “greatly increasing” its operations in the war-torn nation earlier in the month, Defense Department spokesman Peter Cook today outlined why 250 additional […]

Remember when “someone” used the Stuxnet virus, or rather worm, in an Iranian nuclear plant several years ago to freeze Iranian nuclear production, leading to a major diplomatic scandal involving the spy agencies of both the US and Israel, as the world learned that in the present day industrial sabotage only needed a flash drive […]

One of the more confusing market moves in recent weeks has been the tremendous surge in transportation, or as we call them trannies, stocks… … even as underlying fundamentals have continued to steadily deteriorate. On one hand, none other than Railway Age had an article titled “Down, down goes the freight traffic” in which it […]

Submitted by by Howard Kunstler via Kunstler.com, Spring unfolds at last in all its loveliness and Hillary sits back in repose like the matriarch of toads with a clear path to her toadstool throne, having swallowed the mouse-king Sanders. (She forgets that there are millions more mice under the thatched grass, including new mouse-kings awaiting.) […]

The chart below would appear to be in conflict with the results of a recent Gallup poll regarding stock ownership by Americans. The ratio of household equities to money market fund assets is near a record high, 60% above the 2007 high and 30% above the 1999 internet bubble high. The chart would appear to […]

And your post-Doha gains are… gone… [embedded content] Chinese intervention at the end of their day turned an overnight losing session into a BTFD winner, but it did not take long for selling to begin again in futures, erasing all the post-Doha gains…BUT that was not allowed to stand… Despite a 50 Dow point vertical […]Read More

Submitted by Lance Roberts via RealInvestmentAdvice.com, Since the end of the financial crisis, economists, analysts, and the Federal Reserve have continued to point to the monthly employment reports as proof of the ongoing economic recovery. Even the White House has jumped on the bandwagon as the President has proudly latched onto the headlines of the […]

Less than a week after the official launch of the Chinese Yuan-denominated gold fix on the Shanghai Gold Exchange, a historic move which represents “an ambitious step to exert more control over the pricing of the metal and boost its influence in the global bullion market” and which will gradually transform the market of paper […]

Submitted by Chris Hamilton via Hambone’s Stuff blog, Strangely, the world is suffering from two seemingly opposite trends…overpopulation and depopulation in concert.  The overpopulation is due to the increased longevity of elderly lifespans vs. depopulation of young populations due to collapsing birthrates.  The depopulation is among most under 25yr old populations (except Africa) and among many […]Read More

Former National Security Adviser (NSA) Col. Mohammed Sambo Dasuki rtd has approached the Court of Appeal, Abuja Division, praying it to set aside the judgment of an Abuja High Court which declined to void his arrest and detention by the Federal Government since December last year in spite of existing three court orders that admitted […]

President Muhammadu Buhari argued on Monday that to achieve greater  peace and political stability in their countries, African leaders must work harder to ensure social justice for all their citizens. Speaking at an audience with the Foreign Minister of Equatorial Guinea, Mr. Agapito Mba  Mokuy, President Buhari also maintained that as leaders of sovereign nations, […]