Stocks, Crude Tumble As Offshore Yuan Sinks To Day Session Lows From the close of the US day session, offshore Yuan began to weaken and despite the largest liquidity injection in 3 years, has tumbled almost 200 pips from the dead-cat-bounce highs, testing the lows once again. This in turn has weighed on crude and …
January 2016 archive
Jan 20
Today’s News 20th January 2016
People Trust Search Engines More than Traditional Media for News U.S. public relations firm Edelman polled 33,000 people in 28 countries, and found that people trust search engine results more than any other media: QZ redid the graphic to make it easier to read: Edelman also argues that search engines and the Internet have turned …
Jan 19
Today’s News 19th January 2016
U.S. Government Has Long Used Propaganda Against the American People The United States Senate Select Committee to Study Governmental Operations with Respect to Intelligence Activities found in 1975 that the CIA submitted stories to the American press: Wikipedia adds details: After 1953, the network was overseen by Allen W. Dulles, director of the CIA. By …
Jan 18
Today’s News 18th January 2016
Doug Casey: Why Do We Need Government? Submitted by Doug Casey via CaseyResearch.com, Rousseau was perhaps the first to popularize the fiction now taught in civics classes about how government was created. It holds that men sat down together and rationally thought out the concept of government as a solution to problems that confronted them. …
Jan 17
Today’s News 17th January 2016
"After Me, The Jihad," Gaddafi Tried To Warn The West, But Nobody Listened Submitted by Dan Sanchez via TheAntiMedia.org, Before the French Revolution and its Reign of Terror, Louis XV predicted, “After me, the Deluge.” Before being overthrown, Libya’s secular dictator tried to warn the West of a new Reign of Terror, essentially foretelling, “After …
Jan 16
Today’s News 16th January 2016
The Ascendance of Sociopaths in U.S. Governance Submitted by Doug Casey via InternationalMan.com, An International Man lives and does business wherever he finds conditions most advantageous, regardless of arbitrary borders. He’s diversified globally, with passports from multiple countries, assets in several jurisdictions, and his residence in yet another. He doesn’t depend absolutely on any country …
Jan 15
Today’s News 15th January 2016
Dow Dumps 250Pts, Nikkei Plunges 500Pts After China Credit Concerns, Kuroda Comment It appears the world is ganging up on The Fed as following China's recent clear and present threat should the USD strengthen, BoJ's Kuroda warned that further QQE might threaten the bank's finances – implicitly demanding moar from Yellen because he knows he's …
Jan 14
Today’s News 14th January 2016
Massive Explosions Rock Jakarta In Apparent Suicide Bombings; Gunfire, Casualties Reported Two months after the Paris explosions of November 13, it appears that terrorism has struck again, this time in Indonesia’s capital, Jakarta where moments ago, at least six bomb explosions, gunfire and casualties were reported, with at least one of the explosions taking place …
Jan 13
Today’s News 13th January 2016
The Demise Of Dollar Hegemony: Russia Breaks Wall St's Oil-Price Monopoly Submitted by William Engdahl via New Eastern Outlook, Russia has just taken significant steps that will break the present Wall Street oil price monopoly, at least for a huge part of the world oil market. The move is part of a longer-term strategy of …
Jan 12
Today’s News 12th January 2016
Open Letter to the Banks Jamie Dimon, JP Morgan Chase Brian T. Moynihan, Bank of America Michael Corbat, Citigroup Gentlemen: On Friday, I attended a digital money summit at the Consumer Electronics Show. I am writing to you to warn you about the disruption that is about to occur in banking. There are many startups …