May 2016 archive

Today’s News 21st May 2016

A CHaTTeRiNG NuiSaNCe… UN Plots War On Free Speech To Stop "Extremism" Online Submitted by Alex Newman via The new American (h/t Brandon Smith), The United Nations Security Council wants a global “framework” for censoring the Internet, as well as for using government propaganda to “counter” what its apparatchiks call “online propaganda,” “hateful ideologies,” and …

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Today’s News 20th May 2016

First Italy, Now Greek Banks Being Investigated For 'Funding' Politicians, Media With Trump going after billionaire-funded media in America, and Italy facing probes over its banking-system-controlled media, it is perhaps no surprise that yet another generally corrupt nation – Greece – is facing a parliamentary committee investigation into spuriously large 'bank loans' and highly-concentrated advertising …

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Today’s News 19th May 2016

EU-Turkey Migrant Deal Unravels Turning Greece Into Massive Refugee Camp Submitted by Soeren Kern via The Gatestone Institute, "It can be expected that, as soon as Turkish citizens will obtain visa-free entry to the EU, foreign nationals will start trying to obtain Turkish passports … or use the identities of Turkish citizens, or to obtain …

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Today’s News 18th May 2016

The Fed Needs to Raise Rates at the June and December Meetings (Video) By EconMatters   It is obvious that the unintended consequences of ZIRP have destroyed financial market structure which ultimately flows through to the broader economy. All the financials, the layoffs on Wall Street, and the way assets are trading in the financial …

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Today’s News 17th May 2016

BofA Research Analyst Paul Ciana Stopped Out on Oil Short Call (Video) By EconMatters Technical Analysis is a tool that requires a lot of Art in its application compiled with the mathematical science underlying the craft. © EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle   Belgian Police Warn …

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Today’s News 16th May 2016

"We're Going To Do It, F**k It" – Venezuela's Maduro Orders Military Exercises For Next Weekend Over the past several days, things in Venezuela have not only taken a palpable turn for the worse, but now seem to be moving at an accelerating pace toward the inevitable endgame for the Maduro regime and whatever happens …

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Today’s News 15th May 2016

Recession Watch: Freight Volume Drops to Worst Level since 2010 By Wolf Richter of Wolf Street Freight shipments by truck and rail in the US fell 4.9% in April from the beaten-down levels of April 2015, according to the Cass Transportation Index, released on Friday. It was the worst April since 2010, which followed the worst …

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Today’s News 14th May 2016

Facebook and Exxon Mobil are both Overvalued Stocks for Different Reasons (Video) By EconMatters   XOM is trading as a Bond in this yield chasing QE inspired Central Bank World, and FB is your classic momentum stock. The first lesson of modern investing is that everything is a trade in financial markets. Avoid being the bag …

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Today’s News 13th May 2016

Arizona Governor Ducey Vetoes Gold by Keith Weiner   In my testimony in support of the gold legal tender bill this year, I discussed failing pension funds. Retirees who count on their pension checks are being told that their monthly check will be reduced by up to 60%. This is devastating to them, obviously. What …

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Today’s News 12th May 2016

Should the Gold Price Keep Up with Inflation? by Keith Weiner   The popular belief is that gold is a good hedge against inflation. Owning gold will protect you from rising prices. Is that true? Most people define inflation as rising prices. Economists will quibble and say technically it’s the increase in the quantity of …

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