WTI Extends Longest Win Streak In 13 Months On Weak Crude Inventory Build

Oil prices continued to surge overnight, despite a bigger than expected crude inventory build reported by API. Up 7 days in a row, WTI has topped $54 on signs of tighter global supply and hopes that Chinese economic stimulus will cushion fuel demand from the impact of the coronavirus. “The recent bounce-back in oil prices […]

Largest Shipping Decline Since 2009 And That's Before Coronavirus

Authored by Mike Shedlock via MishTalk, The January Cass Freight Shipping Index is more bad news for the global economy. The Cass Freight Shipping Index is down 9.4% year-over-year, the largest decline since 2009. And this is for January, before the Coronavirus disruption. The turn of the calendar didn’t leave the bad news in 2019, as the […]

Global Centralization Is The Cause Of Crisis – Not The Cure

Authored by Brandon Smith via Alt-Market.com, Once you understand the globalist mindset, almost everything they do becomes rather robotic and predictable.  It should not be surprising that the World Health Organization (WHO), a branch of the United Nations, has been so aggressive in cheerleading for the Chinese government and its response to the coronavirus outbreak. After all, […]

New Estimates Suggest Chinese Tech Shipments Are About To Crash

Now that Apple has opened the floodgates and made it entirely clear that China’s economic collapse will slash revenue guidance on the year and lead to production woes through April, an onslaughter of earnings downgrades from other top technology companies with significant operations in China could be imminent.  Evidence grows by the day of supply chains grinding […]

The Intolerance Of The “Tolerant” Left: The End Of Liberal Democracy?

Authored by Elisabeth Sabaditsch-Wolff  via The Gatestone Institute, We recently witnessed two events that indicated the possible demise of liberal democracy. The implications should frighten supporters of democratic forms of government in which individual rights and freedoms are officially recognized and protected, and the exercise of political power is limited by the rule of law. […]

The Cracks In US Households' Finances

Submitted by Micro Hive; authored by Dominique Dwor-Frecaut is a macro strategist based in Southern California. She has worked on EM and DMs at hedge funds, on the sell side, the NY Fed , the IMF and the World Bank. She publishes the blog Macro Sis that discusses the drivers of macro returns. US credit scoring […]

2 'Diamond Princess' Passengers Die Of Coronavirus

As Japanese health officials begin the second day of offloading passengers and crew from the ‘Diamond Princess’ cruise ship that has been under quarantine in Yokohama for the last two weeks, the Japanese press is reporting that two passengers from the ship have died. The report cites unidentified government officials. Two passengers from the Japanese […]

China's “Mandate Of Heaven” Is In Jeopardy

Authored by James Rickards via The Daily Reckoning, One event is taking center stage in the world that affects not only basic survival for millions of people, but the health of the global economy overall. Of course, I’m talking about the coronavirus outbreak currently playing out before our eyes in China. China’s economy was slowing […]

Ayatollah Tweets “Wealthy Zionists” Control America Amid Push To Get Him Banned From Twitter

Iranian Supreme Leader Ayatollah Khamenei has marked the latest national event commemorating the death of IRGC Quds Force commander Qasem Soleimani by tweeting a deeply provocative statement asserting that “wealthy Zionists” control America. The United States has reached the “peak of arrogance,” and is controlled by “wealthy Zionists and their corporate owners,” which makes it a “manifestation of oppression, […]

Russia Is Defeating The U.S. In The Middle East Oil Game

Authored by Simon Watkins via OilPrice.com, Historically, Russia goes to great lengths to hide or disguise its strategic intentions but it clearly feels empowered enough in the Middle East to very obviously stake its claim in the region – excluding, for the time being only, Saudi Arabia – by stating that a slew of Russian […]

The World's Top LNG Producer Is In Trouble

Authored by Cyril Widdershoven via OilPrice.com, Global LNG markets are struggling with a glut of unprecedented levels… International expansion in Australia, Qatar, Mozambique and Egypt, combined with a continuously strong US shale gas export drive, is pushing down prices further. Analysts have warned before that a possible LNG glut could end in tears, but nobody […]

As China Grinds To A Halt, Firms Can No Longer Afford To Pay Workers

With every passing day that its economic disintegration is not reversed, China inches closer to what may be a very violent tipping point, one which sets billions of angry, starving, broke and quarantined citizens against the communist party oligarchy. As China’s economic output remains literally frozen, a new report suggests that many Chinese companies – […]

Bernie Sanders' Long History Of Pushing Government Takeovers Of Private Markets

Authored by Mitch Nemeth via The Mises Institute, Socialist ideas have taken a hold on some of the more progressive members of the Democratic Party, namely Senator Bernie Sanders. The latest NBC/Wall Street Journal poll, however, may provide Senator Sanders with a reason for concern. Although 40 percent of Democratic primary voters express positive views of […]

Blue Apron On The Brink? Seeks Funds Or A Sale As It Closes Facility

Meal kit delivery startup Blue Apron was Wall Street’s most promising IPO in 2017. Now it is “evaluating a broad range of strategic options” that could result in an additional money raise, sale, and or even bankruptcy. “There can be no assurance that the review of strategic alternatives will result in a transaction on a […]

Coronavirus Kills 2 In Iran; Shocking Video Shows Quarantine Violaters Being Herded Into “Reeducation Camp”

Summary: Diamond Princess confirms another 79 cases as quarantine ends CDC questions Japan’s handling of ‘DP’ quarantine UK tells passengers to stay aboard ship until it finishes planning an official evacuation Video shows group who broke quarantine in Wuhan being taken to ‘reeducation center’ Russia “clarifies” ban on all Chinese: Says will allow some visas. […]

Wuhan Mother Speaks Out: “No Beds, No Medicine, All Lies”

Authored by Mike Shedlock via MishTalk, Here’s a heart wrenching video of a Wuhan mother who cannot take the lies anymore. Wuhan Mother Speaks Out [embedded content] Select Transcript Quotes Only normal citizens are suffering. The government does not care about us. We can’t buy medicine with money. We can’t go to the hospital with […]

“Glitch” Or Hack: Countless Fidelity Accounts Showing Zero Balance

While stocks are hitting fresh all time highs, bringing joy and spreading the “wealth effect” across America, clients of the Fidelity brokerage are having a rather shitty day because due to a glitch, or perhaps a hack, countless accounts are currently showing a zero balance, or simply removing accounts altogether. While we assume this pesky […]

All Eyes On Bloomberg As Vegas Debate Marks First Clash With Candidates

2020 Democratic presidential candidates will take the stage tonight for what will be their last opportunity to impress Nevada voters before Saturday’s statewide caucuses – the third nominating contest in the race. Getty Images via The Hill And while Vermont socialist Bernie Sanders will try to continue the momentum which has recently propelled him to […]

Digging For Value In A Pile Of Manure

Authored by Michael Lebowitz and Jack Scott via RealInvestmentAdvice.com, There is an old story about a little boy who was such an extreme optimist that his worried parents took him to a psychiatrist. The doctor decided to try to temper the young boy’s optimism by ushering him into a room full of horse manure. Promptly […]

China Expels 3 WSJ Reporters Over “Racist” Opinion Piece

Update (0720ET): CNBC’s Eunice Yoon, who has also been a reliable source of information out of Beijing since the outbreak began, has published a statement from Beijing about the expulsions: “Chinese people do not welcome media that publish racially discriminatory and malicious slander on China. In light of this, China has decided to revoke the […]

The Betrayal Of The Elites

Authored by Paul Adams via The Epoch Times, In an important new book, political scientist Yuval Levin argues that we have lost faith in our institutions—public, private, civic, and political. We need institutions, including families, associations, churches, corporations, trade unions, political parties, professions such as law and medicine, as well as the formal institutions of government such […]

EU Will Deploy Warships Off Libya's Coast To Enforce UN Arms Embargo

Just after the EU’s foreign policy chief Joseph Borrell urged Europe to “develop an appetite for power” to better chart its own independent course in solving various international crises impacting Europe, the EU has agreed to deploy warships in order to enforce a United Nations arms embargo on the war-torn country.  The EU has stressed, however, that this is not an […]

Financial Feudalism – The New American 'Dream'

Authored by Mike Krieger via Liberty Blitzkrieg blog, “Happy 18th Birthday! Meet your new Daddy,” read one website advertisement. “Do you have strong oral skills? We’ve got a job for you!” cooed another. A message on another billboard directed at the “daddies” was more blunt: “The alternative to escorts. Desperate women will do anything”… SeekingArrangement […]

If Duterte Wants Us Out, Let's Go

Authored by Pat Buchanan via Buchanan.org, Philippines President Rodrigo Duterte has just given us notice he will be terminating the Visiting Forces Agreement that governs U.S. military personnel in the islands. His notification starts the clock running on a six-month deadline. If no new agreement is negotiated, the VFA is dissolved. What triggered the decision? […]

Stunning Video: Dubai Shows Off Human Jet Pack That Does 150MPH

It was just days ago that we reported about Disney’s new dystopian flying robotic acrobats that were taking the place of stunt actors and were capable of performing flips and changing body positioning in mid-flight. Today, we move a step closer to human superheroes. Pilot Vince Reffe, who is referred to as Jetman Dubai, was […]

Iran Says US Must Fix Own 'Nontransparent' Undemocratic Elections Before Lecturing Others

Authored by Jake Johnson via CommonDreams.org, The Iranian Foreign Ministry on Monday urged U.S. officials to focus on fixing their own country’s “nontransparent” and undemocratic system before calling into question the legitimacy of elections in other nations. Abbas Mousavi, spokesperson for Iran’s Foreign Ministry, told reporters that the U.S. system “ignores the vote of the […]

US Engaged In “Shameless, Impudent Pillage Of Wealth” In Syria: Russia

Western mainstream media is once again putting Idlib at the center of their coverage, with emotive and hugely exaggerated headlines like “Bombed as they flee: A million Syrians try to escape Assad’s onslaught” — however with no mention that a US designated terrorist organization, al-Qaeda’s Hayat Tahrir al-Sham, has for years brutally held Idlib territory, suppressing the civilian population. […]

“Con Job”: Trump Responds To Obama Taking Credit For Booming Economy

Authored by Steve Watson via Summit News, President Trump responded Monday night, calling Barack Obama’s claim that his prior administration is responsible for the booming US economy a “Con job”. “Did you hear the latest con job?” Trump tweeted, explaining that “Obama is now trying to take credit for the Economic Boom taking place under […]

Supply Chain Chaos Unfolds At Major Chinese Ports As Frozen Meat Containers Pile Up

New evidence from Bloomberg reveals cracking global supply chains are fast emerging at major Chinese ports with thousands of containers of frozen meat piling up with nowhere to go.  The Covid19 outbreak will remain a dominant issue for 1Q as supply chain shocks are being felt by multinationals on either side of the hemisphere.  Sources told Bloomberg that containers […]

Bitcoin Price “Golden Cross” Hints At 170% Rally To $26K By Halving

Authored by William Suberg via CoinTelegraph.com, Bitcoin can hit $26,000 in just two months thanks to a bullish event that previously triggered 170% price gains. image courtesy of CoinTelegraph As noted by Cointelegraph Markets analyst, Keith Wareing, on Feb. 18, this week saw Bitcoin’s ascending 50-day moving average cross over its 200-day moving average. Bitcoin 1-year price chart […]

Mike Bloomberg: Trojan Horse For Clintonista Revival

Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, It’s been obvious to me since he declared that Mike Bloomberg is not a serious candidate for the Democratic nomination. He is everything the Democratic base doesn’t want — white, billionaire, oligarch, Wall St. 0.000001%’er. Oh, and until just a couple of years ago, he […]

Japan Will Use HIV Drugs To Treat Coronavirus

At the end of January, Indian scientists sparked a heated debate within virologist circles when they published a pre-print paper claiming they had discovered insertions in the coronavirus which bore an “uncanny similarity” to fragments such as gp120 and Gag found in the HIV virus, which they then said was “unlikely to be fortuitous in […]

Trump Sanctions Rosneft, Russia's Largest Oil Company, For Helping Maduro In Venezuela

The Trump administration announced significant new sanctions on Tuesday targeting Rosneft, Russia’s largest oil company, for helping Venezuelan leader Nicolas Maduro circumvent U.S. sanctions. Specifically, the sanction targets Rosneft Trading SA, a unit of Russia’s state-owned oil giant Rosneft, as well as company’s executive Didier Casimiro, over the company’s actions in Venezuela, senior administration official […]

Gold Surges Back Above $1,600, 30Y Yield Tumbles Below 2.00%, Stocks 'Dip'

Gold futures have just surged back above $1600 as investors worldwide charge into safe-havens this morning (bonds are also bid, as is the USDollar) as it becomes clearer and clearer that China is lying and no one really knows the situation of the Covid-19 pandemic. Gold is back near Iran-Missile-Strike highs, breaking back above $1600… […]

FBI Raids Business Tied To James Biden Influence-Peddling

The FBI raided the home of a CEO of a bankrupt hospital chain last month along with one of its Pennsylvania hospitals central to influence-peddling accusations against Joe Biden’s brother, James, according to RealClearInvestigations. The CEO, Grant White, was accused in a Kentucky bankruptcy court filing by the trustee of having “grossly mismanaged” Florida-based Americore […]

The Silent War On “Q” Continues

Authored by Deborah Franklin via AmericanThinker.com, We’re living in dramatic times that are difficult to understand. One way to try to interpret them is through the cryptic clues provided by Q, which appear on an anonymous online forum and imply top-secret knowledge of upcoming events. As I wrote in my article “An Introduction to Q,” “Q’s followers […]

US & China Lead Biggest Jump In World Defense Spending In 10 Years

Authored by Jason Ditz via AntiWar.com, New data from the International Institute for Strategic Studies (IISS) has shown a roughly 4% increase in military spending for 2019, the single largest rate of growth seen in the past 10 years. The increase is being driven in large part by the two largest military spenders in the world, the United States […]

Beijing Cracks Down On VPNs Amid Growing Popular Backlash To CCP Censorship

It looks like Beijing has finally grown tired of journalists like Epoch Times’ Jennifer Zeng circulating shocking videos depicting the true depth of the crisis on the ground in China – and the government’s almost unbelievably heavy handed response. For an example, see this video which Zeng tweeted yesterday: It’s relatively mild by outbreak standards. […]

IceCap Asset Management: The Invisible Zombie

Submitted by Keith Dicker of IceCap Asset Management “I’ll show you who I am” And with that one line – the world of invisibility was born. The 1933 blockbuster film, “The Invisible Man” launched a genre that would span decades, producing many enjoyable and many unenjoyable movies of things and people we can’t see. Next […]