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| Mickey Fulp - Mercenary Geologist |
The Never-Ending Wars of the United States of America |
A Monday Morning Musing from Mickey the Mercenary Geologist"War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small 'inside' group knows what it is about. It is conducted for the benefiMonday, November 23, 2020 |
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| Alasdair Macleod - Finance and Eco. |
One-year score card for Trump |
We understand our politicians to be human, with much that that implies. In a democracy, politics is a competitive business, which means that generally well-balanced individuals tend to succeed, while those who are obviously unbalanced do not. And as for political power corrupting individuals, that is normally limited by the obligation to periodically seek an electoral mandate. That, at least is the theory, but in late-2016, the election of President-elect Donald Trump caused us all to question tFriday, January 12, 2018 |
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| James Howard Kunstler |
Forecast 2018 — What Could Go Wrong |
Markets
If you take your cues from Consensus Trance Central — the cable news networks, The New York Times, WashPost, and HuffPo — Trump is all that ails this foundering empire. Well, Trump and Russia, since the Golden Golem of Greatness is in league with Vladimir Putin to loot the world, or something like that.
Since I believe that the financial system is at the heart of today’s meta-question (What Could Go Wrong?), it would be perhaps more to the point to ask: what has held this matrix of rackeMonday, January 1, 2018 |
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| Andy Hoffman - Miles Franklin |
2017, The Year of the Truth Bomb! (Part 1) |
Here we are at the end of 2017 with more “truth bombs” released than I could have imagined! In fact, I believe we probably received more “truth” in just one year than collectively in all of human history. This is a sad statement because it also means we have lived behind more lies than at any time prior. Also surprising is none individually have cracked the dam called “confidence”. But do not be fooled as it looks as if the entire dam is moving, particularly in the last few weeks!
As we haveTuesday, December 26, 2017 |
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| James Howard Kunstler |
What Now |
It must be exciting to wake up on a gilded bed somewhere in Riyadh and realize that you are Saudi Crown Prince Mohammad bin Salman, mover and shaker of Middle East order. Actually, exciting just to have woken up at all. Perhaps Prince MBS checks to make sure that there aren’t seventy-two virgins in the room before he rises to prayers, state business, and the prospect of World War Three.
The Kingdom of Saudi Arabia (KSA) has been a giant gasoline bomb waiting to explode for decades. It occupies oMonday, November 13, 2017 |
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| Chris Martenson |
If The Saudi Arabia Situation Doesn't Worry You, You're Not Paying Attention |
While turbulent during the best of times, gigantic waves of change are now sweeping across the Middle East. The magnitude is such that the impact on the global price of oil, as well as world markets, is likely to be enormous.
A dramatic geo-political realignment by Saudi Arabia is in full swing this month. It’s upending many decades of established strategic relationships among the world's superpowers and, in particular, is throwing the Middle East into turmoil.
So much is currently in flux, espeSaturday, November 11, 2017 |
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| Bullion Vault |
Gold Prices +1.1 for Week Even as Real US Rates Rise Amid Junk Bond Sell-Off, Saudi Tensions |
GOLD PRICES slipped but held 1.1% higher from last Friday's 13-week closing low in Dollar terms today as world equities followed Wall Street further below the stock market's recent all-time highs.
Silver held the same weekly gain at $17.02 per ounce, while
platinum prices traded 1.7% higher from last Friday above $936.
Crude oil held near this week's 2-year highs as France's presideFriday, November 10, 2017 |
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| Bullion Vault |
Gold Prices Rally Near 3-Month Lows Amid Saudi Purge and Yemen Attack |
GOLD PRICES rose in all major currencies outside a rallying British Pound on Monday, gaining as crude oil hit 2-year highs amid political turmoil and violence in the Middle East.
Gold prices rallied back to $1272 per ounce as oil futures rose to their highest Dollar price since mid-2015, breaching $62 per barrel of Brent crude after the
weekend's "purge" and detention by new crown prince Mohammed Bin Salman of numerous Saudi princesMonday, November 6, 2017 |
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| Andy Sutton |
The Truth is Becoming Un-American – Paul Craig Roberts |
Those of us who have exited The Matrix are concerned that there are no checks on Washington’s use of nuclear weapons in the interest of US hegemony over the world.
Washington and Israel are the threats to peace. Washington demands world hegemony, and Israel demands hegemony in the Middle East.
There are two countries that stand in the way of Washington’s world hegemony—Russia and China. Consequently, Washington has plans for preemptive nuclear strikes against both countries. It is difficult to iSaturday, May 27, 2017 |
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| Jim Willie CB - Hat Trick Letter |
Sordid Saudi Signals |
THE US-SAUDI ARMS DEALTHE SAUDI ARMS DEAL SUDDENLY TRIPLED IN SIZE WITH LONG TIME SCHEDULE WITHIN THE AGREEMENT… TRUMP COMPLETED THE SINGLE LARGEST ARMS DEAL IN US-HISTORY, DONE WITH SAUDI ARABIA… IT EXCEEDED THE PREVIOUS COMMITMENT FROM TWO WEEKS AGO, NOW WORTH $350 BILLION… WITNESS US-STYLE ECONOMIC STIMULUS, THE TOXIC WAY… THE USGOVT SUPPORTS THE FADING SAUDI KINGDOM, SUPPORTS THEIR VICIOUS YEMEN WAR, AND APPLAUDS THEIR SUPPORT OF ISIS TERROR… THE USGOVT IS ENCOURAGING THE FORMATION OF A GULFThursday, May 25, 2017 |
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| Mark O'Byrne - gold.ie |
Russia Gold Buying Is Back – Buys One Million Ounces In January |
Russia gold buying returned in January with the Russian central bank buying a very large 1 million ounces or 37 metric tonnes of gold bullion.
The increase in the gold reserves came after Russia did not buy a single ounce in December – a move seen as potentially a signal or an olive branch to the U.S. and the incoming Trump administration.
It also came after Russia had accelerated its gold buying in the final months of the Obama Presidency. October 2016 saw an increase of 1.3 million ounces orTuesday, February 21, 2017 |
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| Nathan Lewis - New World Economics |
Life After Cars 2016 |
In the past, I've written about "Life Without Cars." This time, I think
we will have a little change of tone: "Life After Cars." People get the
tremblies at the idea of "without." But, we seem to sense that the
Automobile Age is passing. Nobody likes it. It's time for something
new. But, we haven't come up with a clear alternative yet.
December
28, 2014: Life Without Cars 2014
December 8, 2013: Life Without Cars: 2013 Edition
December
27, 2012: Life Without Cars: 2012 Edition
December
25, 20Monday, January 2, 2017 |
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| Mark O'Byrne - gold.ie |
Gold Down 13.5 In 13 Days – Trump Bearish For Gold |
Gold down 13% in 13 trading days since Trump election
Factors that have led to lower gold prices
Trump bearish for gold in coming four years?
‘Trumpflation’ cometh
Sharia gold – vaulted gold accessible to 110 million new investors
What to do? Diversify and geometric price cost average
Donald Trump was elected President and the gold price surged 5%, over $60, from $1,271/oz to $1,336/oz. As many of us had suggested it would. And then something strange happened, something not expected by the majoFriday, November 25, 2016 |
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| 24hGold - Publicnow |
TransCanada Reports Solid Second Quarter 2016 Financial Results |
CALGARY, ALBERTA--(Marketwired - July 28, 2016) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced net income attributable to common shares for second quarter 2016 of $365 million or $0.52 per share compared to $429 million or $0.60 per share for the same period in 2015. Comparable earnings for second quarter 2016 were $366 million or $0.52 per share compared to $397 million or $0.56 per share for the same period in 2015. TransCanada's Board of Directors also declared aThursday, July 28, 2016 |
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| Eric Dubin - Investor Intelligentsia |
Gas Powerplay Geopolitics in the Middle East – Petr Lvov |
TND Guest Contributor: Petr Lvov
When less than a week ago Russia and Turkey unexpectedly began normalizing their relations, experts were left guessing what this normalization was all about. Yet, they have completely forgotten about a very important economic factor – gas. One must note that the United States and the European Union maintain a sanctions regime against Russia in the gas sector, while having lifted their embargo against Iran, pitting those two states against each other in a battleFriday, July 8, 2016 |
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| Mish - Global Economic Analysis |
How Americans Came to Die in the Middle East |
This is a guest post, sent to me on Tuesday, by reader Craig Cantoni, a former military officer whose father is in a veteran’s cemetery.
Cantoni presents a historical picture on many levels as to what has happened and is still going on in the Middle East.
How Americans Came to Die in the Middle East by Craig Cantoni
The writing of this historical synopsis began yesterday, Memorial Day. It is an attempt by this former artillery officer with a father buried in a veteran’s cemetery to understand wThursday, June 2, 2016 |
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| Gordon Long - Market Analytics |
Dr. Marc Faber: 'They Will Bankrupt the World!' |
Dr. Marc Faber joins FRA Co-founder Gordon T. Long in an exciting discussion
of monetary malpractice, negative interest rates, the influence of current
geopolitical risk and much more. Dr Marc Faber was born in Zurich, Switzerland.
He went to school in Geneva and Zurich and finished high school with the Matura.
He studied Economics at the University of Zurich and, at the age of 24, obtained
a PhD in Economics.
Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited
inFriday, February 19, 2016 |
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| 24hGold - PR Newswire |
Talen Energy Completes Sale of Gas-Fired Power Plant in Pennsylvania |
ALLENTOWN, Pa., Feb. 1, 2016 /PRNewswire/ -- Talen Energy Corporation (TLN) completed on Monday (2/1) the sale of Talen Ironwood Holdings, LLC, which through its subsidiaries owns and operates the Ironwood combined-cycle, natural gas-fired power plant in Lebanon County, Pa., to a subsidiary of TransCanada Corporation (TSX, NYSE: TRP).
The total purchase price, after estimated adjustments for net working capital, was $657 million. In connection with the transaction, Talen Energy repaid approximaMonday, February 1, 2016 |
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| 24hGold - Yahoo |
4:03 am Cheniere Energy appoints Neal Shear as interim Pres/CEO; Andrea Botta as Chairman |
8:56 am S&P futures vs fair value: +19.50. Nasdaq futures vs fair value: +42.90. (:WRAPX) : The S&P 500 futures trade 20 points above fair value.Markets in the Asia-Pacific region ended Tuesday on a mixed note. Japan's Nikkei (-1.7%) spent the day in a steady retreat, erasing the entirety of its rebound off Monday's session low. Meanwhile, indices in Hong Kong (-0.2%) and China (-0.3%) posted slimmer losses. Elsewhere, Thailand's SET spiked 2.6%, registering its largest advance since late AugustMonday, December 14, 2015 |
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| 24hGold - Yahoo |
7:11 am Plug Power misses by $0.01, beats on revs |
8:57 am On The Wires (:WIRES) : Orbital ATK, Inc. (OA) established an affiliate in the Emirate of Abu Dhabi to support the company's growing regional defense business.Medidata (MDSO) prevailed in defending a patent lawsuit filed by Datatrak International (DTRK) in March 2011.Apple (AAPL) announced iPad Pro is available to order online on Wednesday, November 11, from Apple.com and will arrive at Co's retail stores, select carriers and Apple Authorized Resellers starting later this week. Apple PMonday, November 9, 2015 |
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