You Can't Buy Love… But You Can Rent It

According to the Digital Market Outlook (DMO) by Statista, the country with the largest share of adults paying for a dating service is the United States. You will find more statistics at Statista As Statista's Martin Armstrong details, at 26.4 percent, over a quarter of Americans are spending their money on trying to find love (or a […]

Canada Hit By Countrywide Internet, TV And Phone Outage As Shaw Goes Dark

Tens of thousands of Canadian clients of Shaw are suffering what appears to be a nationwide loss of internet, cable and phone services. According to the outage map below, the service interruption is widespread and has impacted most Canadian metropolitan centers. Shortly before 4pm ET, the telecom company posted to its website advising that an […]

Elemetal Gold Tries to Cover its Tracks, and Why Isn't Gold higher – Update 1

What Does Elemetal Imply for Precious Metals? Gold smuggling accounts for up to 75% of all LATAM Gold imported in the US Disruption of this augmented Gold supply is Bullish for Gold Elemetal is running for corporate cover No-one cares UPDATE 1 – DGSE a publicly traded retailer, just signed an LOI to buy Elemetal, LLC. […]

Visualizing Exter's Liquidity Pyramid (In Physical $100 Bills)

All the money and all the assets in the world, shown in physical cash form, in one graphic. (click image for huge legible version) Source: Demonocracy The Liquidity Pyramid was created for visualizing the organization of asset classes in terms of risk and size. As Demonocracy explains, the Liquidity Pyramid was created during the time […]

Frontrunning: April 26

Futures flat as Trump tax plan awaited (Reuters) Trump’s 15% Tax Plan May Just Be His Opening Gambit (BBG) Budget Director, After Health-Law Missteps, Preps for Spending Battle (WSJ) 100 Days: Trump’s victories dimmed by misfires (Reuters) White House Intervened to Toughen Letter on Iran Nuclear Deal (WSJ) Trump Changing Tactics on Tax After Health-Care […]

JPMorgan: "Trump's Tax Plan Will Be Virtually Impossible To Pass Through Congress"

With little macro data overnight (aside from a modestly disappointing Australian CPI print), offset by an ongoing of corporate profits (this is the single busiest week for corporate earnings in more than 10 years), today everyone’s attention will be focused on three things to come out of Washington: taxes, healthcare, spending. And while we did […]

China Launches First Domestically-Built Aircraft Carrier

Exactly one day ago, we reported that “China’s first domestically built aircraft carrier will soon launch in Dalian, Liaoning Province for drills and trial voyages, putting to the test proprietary technology meant to further Beijing’s expansion in the South and East China seas.” A dock at the Dalian shipyard was being filled with water Sunday […]

Nasdaq 6,000: Tech Leaders (GOOG, FB, NFLX, AMZN) at New All-Time Highs

The Nasdaq Composite (COMPQX, IXIC) topped 6,000 today, a record high for the tech-heavy index.  Here is an updated monthly chart (click below) of the Nasdaq from 1999 – 2017. You’ll note that the prior dot com bubble peak of 5,132 in March 2000 was not topped until mid-2015. With this latest surge, the Nasdaq […]

Nordstrom Selling Fake-Mud Jeans For $425

Nordstrom ($JWN), which canceled Ivanka Trump’s fashion line after their liberal customers complained, has decided to mock blue collar Americans by selling a pair of $425 jeans with fake mud! The “Barracuda Straight Leg Jeans” which come with a “caked on muddy coating,” have already drawn heavy criticism: It’s for the trust fund baby. It’s […]

A $500 Billion "Hitch" Emerges In The Saudi Aramco IPO

As Saudi Arabia's deputy crown prince pushes his nation's Vision 2030 economic overhaul and crows of the $2 trillion Saudi Aramco valuation (ahead of its potential IPO), WSJ reports that officials at the state-owned oil company are using internal value estimates to $1.3 to $1.5 trillion, calling bin Salman's estimate "unrealistic and mind blowing." Since […]

Trump Announces 20% Tariff On Canadian Softwood Lumber Imports

Speaking during a first of its kind meeting dedicated only to members of the U.S. conservative media, including Breitbart News, OANN and Daily Caller, President Trump told reporters to expect a 20% tariff on softwood lumber coming into Canada. “We’re going to be putting a 20 per cent tax on softwood lumber coming in — […]

"The Retail Bubble Has Now Burst": A Record 8,640 Stores Are Closing In 2017

 “Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.”         – Richard Hayne, Urban Outfitters CEO, March 2017 The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar retail bankruptcies, it is […]

Frontrunning: April 20

White House to risk shutdown as Trump searches for “win” (Politico) Saudi Minister Wants OPEC Oil-Production Deal Extended, Perhaps for Less Than 6 Months (WSJ) Russia denies Reuters report think tank drew up plan to sway U.S. election (Reuters) Fed’s Kaplan: Three rate rises this year ‘still a good baseline’ (Reuters) Ex-Arconic CEO Sent Vague […]

What A War With North Korea Would Probably Look Like

Authored by Brandon Smith via, Back in 2013 during the last major flare up between the U.S. and North Korea I wrote an extensive analysis on the North Korean wild card and how it could be used by globalists as a catalyst for international economic instability titled 'Will Globalists Use North Korea To Trigger […]