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The Central Bank of Nigeria confirmed on Friday night that two persons, a staff and a construction worker have died from the critical injuries sustained in the gas explosion that occurred at the Calabar, Cross River state office of the bank. Isaac Okoroafor, acting corporate affairs director of the bank gave the update, while giving […]

Embattled actress Ibinabo Fiberesima has begged her friends and foes alike to pray for her as she faces the reality of returning to prison. The actress who was sentenced to five years imprisonment by Justice Deborah Oluwayemi of a Lagos High Court for the death of one Dr Giwa Suraj whom she killed in an […]

In response to the rising belligerence by North Korea, and its increasingly more frequent rocket launches, U.S. and South Korean troops staged a massive amphibious landing exercise Saturday, storming simulated North Korean beach defenses amid and threats by Pyongyang to annihilate its enemies. The landing and assault drills on South Korea’s east coast were part […]

Submitted by Alasdair Macleod via GoldMoney.com, This article notes that the technical situation for the gold price has sharply improved, to the evident surprise of many mainstream analysts. It discusses possible reasons behind the turnaround, and implications for the future. Technicals The technical situation is shown in the chart below.   A “golden cross”, with […]

Via NorthmanTrader.com, We have arrived. The moment of truth. If you have followed my writings you know I’ve been talking about the January gap fill and major MA reconnects to come for quite some time. No matter whether you believe this to be a bull market ready to re-assert itself or you view the recent rally in […]Read More

Amid confusion over the cancellation (due to more security concerns) of today’s rally in Ohio – since denied by Trump campaign officials – the finger of blame for last night’s violent protests is wending its way through the mainstream media. First Cruz, then Rubio, followed this morning by Hillary, Kasich, and even Bernie (among various […]

As a direct result of Europe’s refugee crisis, new and very unpleasant social fractures have started to emerge. One particularly troubling issue is the extent to which officials have tended to “blame the victim” in the ever more frequent sex attacks resulting from Europe’s refugee surge, something we first touched upon earlier this week. For […]Read More

In the lunar calendar that started February 8, this is the Year of the Red Monkey. I found this description of the Red Monkey quite apt: “According to Chinese Five Elements Horoscopes, Monkey contains Metal and Water. Metal is connected to gold. Water is connected to wisdom and danger. Therefore, we will deal with more […]

Shortly after beginning his speech at a rally in Dayton, Ohio, Donald Trump was rapidly surrounded by Secret Service agents after an audience member grew increasingly raucous to the point of Trump appearing to duck at hearing a noise. Trump did not leave the stage and carried on with his speech, adding “I was ready […]

Since 2007, the world’s Central Banks have collectively put more than $14 trillion into the financial system since 2008. To put that number into perspective, it’s equal to roughly 17% of global GDP. This kind of money printing is literally unheard of in modern history. And it has set the stage for a roaring wave […]

Submitted by Dave Forest via OilPrice.com, Oil and gas data experts Evaluate Energy showed yesterday that U.S. E&Ps took a huge hit in 2015. With the value of total proved reserves in the sector declining by an astounding $515 billion dollars.  The chart below shows just how great the damage is, compared to reserves valuations […]Read More

Sometimes, less is more, and in infamous “Black Swan” philosopher Nassim Taleb’s case, summing up the chaos that is enveloping America, and its forthcoming election was as simple as the following: “The *establishment* composed of journos, BS-Vending talking heads with well-formulated verbs, bureaucrato-cronies, lobbyists-in training, New Yorker-reading semi-intellectuals, image-conscious empty suits, Washington rent-seekers and other […]Read More