Angela Merkel: Nation States Must "Give Up Sovereignty" To New World Order

Submitted by “Nation states must today be prepared to give up their sovereignty”, according to German Chancellor Angela Merkel, who told an audience in Berlin that sovereign nation states must not listen to the will of their citizens when it comes to questions of immigration, borders, or even sovereignty. No this wasn’t something Adolf Hitler said many decades ago, this is what German Chancellor Angela […]

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2018 Is Officially "The Worst Year On Record" With 93% Of All Assets Down

Two months ago we first showed what Deutsche Bank dubbed “a quite fascinating statistic” namely that as of the end of October, 89% of assets that the German bank collects data on for its annual long-term study, had a negative total return year to date in dollar terms. This was the highest percentage on record based on data back to 1901, eclipsing the 84% hit […]

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Worst Market Crash In A Decade: The Dow Has Fallen More Than 4000 Points As Stocks Rapidly Approach “The Capitulation Phase”

We have not seen anything like this since the financial crisis of 2008.  On Thursday the Dow Jones Industrial Average lost another 464 points, and over the last five trading sessions it has lost a total of more than 1,700 points.  CNN’s Fear & Greed index has swung all the way over to “extreme fear”, and there has only been one December in all of […]

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🔴Jeff Gundlach uses Peter Schiff Analogy on CNBC

Bond King Jeffrey Gundlach on CNBC using classic Peter Schiff analogy used recently on the Joe Rogan Podcast SIGN UP FOR MY FREE NEWSLETTER Schiff Gold News: Open your Goldmoney account today: Buy my newest book at Like and follow Peter Schiff on Facebook Follow me on Twitter:

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"Time To Pay The Piper" – Saxo Bank's 10 Outrageous Predictions For 2019

A world containing Donald Trump as the US president makes outrageousness a cheap commodity in the daily news cycle, but Saxo Bank didn’t let that keep them from this year’s Outrageous Predictions: their yearly task of conjuring unlikely – but not impossible – events that may just come to life in the new year. Will this be the year when Germany enters recession, Apple “secures […]

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"Like Walking On Eggshells" – Women Say #MeToo Is Hurting Their Prospects For A Wall Street Career

Considering Wall Street’s reputation as a bastion of sexism and conservative values, the big banks and their peers on the buy side have largely avoided the embarrassing sexual misconduct scandals that have plagued other industries (like Hollywood, where seemingly every man – serial rapists and controlling boyfriends alike – who has ever mistreated a woman has received their comeuppance). One reason for the disquieting silence […]

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Bathrooms, Yes; Sex, No – Starbucks Cracks Down On In-Store Porn-Watchers

A homeless man can walk in off the street take a sink shower and drop a massive cabbage dump in a Starbucks’ bathroom (so long as they don’t actively antagonize the customers). But starting early next year, Starbucks is adding something to the list of things they can’t do: Watch pornography. That’s right. After years of pressure from anti-pornography groups, Starbucks has finally developed its […]

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'' Goes Dark After "Catastrophic Loss Event" In NatGas "Rogue Wave"

Shorting vol (naked) with “Other People’s Money…”? What could possibly go wrong? Q: Have I lost all the money in account, then? A: Yes “Stocks are great, until they aren’t,” proclaims the now ‘dark’ website of Tampa-based, explaining to ‘high net worth investors’ that “options are better but most make the mistake of buying them.” And so, the thoughtful-looking, wealthy grey-haired gentlemen of today […]

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Albert Edwards Spots An "Astounding" Difference Between "As Reported" And Stock Market Profits

Touching on a point we addressed over the weekend when looking at real, “as reported” vs non-GAAP, “adjusted” profits, in his latest note Albert Edwards makes the following observation: the latest surprisingly poor capex/investment component of Q3 GDP is an ominous sign for both US growth and corporate profits, and comes at the worst possible time for the US economy: just as the beneficial tailwinds […]

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Gregory Mannarino – We Are Going Back to a Two-tier Society

Trader/analyst Gregory Mannarino says, “People are being lulled into a false sense of security.” Mannarino goes on to say, “We are told how everything is great, and we are in a global recovery. There is no global recovery. We reflated a debt bubble around the world. You can’t borrow your way into prosperity anywhere. This is what the illusion is and that is everything is […]

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Trump Is Right: The Fed Is Crazy And Here's 101 Reasons Why It Should Be Shut Down

Authored by Michael Snyder via The American Dream blog, Donald Trump just made one of the most brilliant moves of his entire presidency.  By accusing the Federal Reserve of “going loco”, he is placing the blame for the coming stock market crash and horrifying economic downturn squarely where it belongs, and he is firing up millions of true conservatives among his base at the same time.  […]

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Was Kavanaugh Accuser Almost Raped By His Doppelgänger? A New Theory Emerges

A new theory has emerged in the case of whether Supreme Court nominee Brett Kavanaugh sexually assaulted accuser Christine Blasey Ford roughly 35 years ago; it was Kavanaugh’s high school look-alike, whose high school house better fits Ford’s description, and who kept in touch with the other guy allegedly in the room, Mark Judge.  The theory was presented Thursday afternoon by Ed Whelan, a former clerk […]

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Gregory Mannarino – When Debt Evaporates So Will Half the Global Population

Trader/analyst Gregory Mannarino says the next financial meltdown really takes off when we can no longer borrow money into existence. Mannarino explains, “There is a full blown debt crisis in Europe and in the United States. The crisis is if we don’t continue to borrow and find ways to borrow ever more cash into existence. If we don’t, the whole system will melt down. . […]

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Human Rights Alert: Woman Files Discrimination Complaint For Right To Work Braless

A Canadian woman has filed a human rights complaint claiming her previous employer, the Osoyoos Golf Club, discriminated against her with a requirement that all female staff wear a bra, reports the CBC.  Christina Schell (via “It’s gender-based and that’s why it’s a human rights issue,” she said. “I have nipples and so do the men.” However, some braless women feel discomfort when managers […]

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After Two Failures, Whitney Tilson Is Back With Another Attempt At Managing Your Money

Back in the summer of 2012, we had some fun when we reported that Whitney Tilson – the consummate, if always late “value investing” immitator of other prominent investors especially Warren Buffett and Bill Ackman and sworn #NeverTrumper – following several years of abysmal returns, closed his then-hedge fund T2 (with Glenn Tongue), splitting off into his own, oddly-named venture, Kase Capital. Then, one year […]

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Doug Casey on China’s Exploitation of Africa

Justin’s note: Is China taking over Africa? A lot of folks are asking themselves this question, and for good reason. You see, China’s pulling resources out of the ground in Africa at an alarming rate. Not only that, Chinese people are pouring into the continent by the boatload. That said, it’s not all “bad news.” China’s also started construction companies across Africa, created jobs, and […]

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Is This the Biggest Buy Signal for Gold Since 2001?

By Justin Spittler, editor, Casey Daily Dispatch The Vanguard Group has thrown in the towel on gold. And that has massive implications for the gold market. But not in the way most investors think. As you’re about to see, Vanguard’s decision could be extremely bullish for gold. I’ll tell you why in a second—and why it’s presenting the perfect kind of opportunity we look for […]

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South Africa Civil War Looms As White Farmers, 'Black Hitler' "Willing To Die" Over Property Confiscation

As South African President Ramaphosa’s ‘land reform’ plans begin to confiscate white farmer-owned lands with no compensation, the rhetoric on both sides of the policy are beginning to signal little hope of avoiding direct inter-racial conflict, or another civil war. Ramaphosa insists: “This is no land grab. Nor is it an assault on the private ownership of property… Land reform in South Africa is a […]

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'Zimbabwe-fication' Begins: Farmers Panic As South Africa Seizes First White-Owned Land

South Africa’s white farmers have been desperately trying to sell their lands at record pace ahead of planned government land seizures, according to a local farmer’s union. However, there are no buyers. As Ryan Martinez writes for, tensions among the country’s white farming community have been rising since the election of Cyril Ramaphosa who assumed office earlier this year and committed his African National […]

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Robot Powered By Raspberry Pi Finds Waldo In 4.5 Seconds

When the history books are written after the robot uprising, should we survive, a sad chapter will be devoted to the day humans were bested at yet another simple feat by one of our silicon overlords; finding Waldo. According to The Verge, creative agency Redpepper has created There’s Waldo – robotic metal arm made by Ufactory with a Vision Camera Kit and a floppy prosthetic hand attached to it, […]

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