Reality Headlines

  • The Cardinal Sin Of International Finance

    Authored by Nick Giambruno via InternationalMan.com, As Doug Casey has correctly noted, the prime directive of any organism - whether it’s an amoeba or a person or a corporation or a government - is to survive. That’s why the US government protects the petrodollar so zealously. It needs the system to survive. Why Everyone Uses the US Dollar… for Now In the 1970s, the US government struck a series of deals with Saudi Arabia, creating the petrodollar system. The US promised to coddle and protect...

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  • These Are The Top 50 Hedge Fund Long And Short Positions

    In its latest quarterly hedge fund trend monitor - a survey of 804 hedge funds with $2.1 trillion of gross equity positions ($1.4 trillion long and $704 billion short) - which analyzes hedge fund holdings as of Sept 30, Goldman makes some interesting observations about the current state of the hedge fund industry. First and foremost, it finds that the average equity long/short hedge fund has posted a 10% YTD return, which while the strongest since 2013 is once again underperforming the S&P...

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  • Geopolitical Risk Highest “In Four Decades” – Gold Demand in Germany and Globally to Remain Robust

    Geopolitical risk highest "in four decades" should push gold higher - Citi - Elections, political and macroeconomic crises and war lead to gold investment- Political uncertainty in Germany means "gold likely to remain in good demand as a safe haven" say Commerzbank-  “There has rarely been such political uncertainty in Germany at any time in the country’s post-war history” - Commerzbank- Reduce counter party risk: own safe haven allocated and segregated gold Editor: Mark O'Byrne The...

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  • Stockman On America's Fiscal Sundown, Part 1

    Authored by David Stockman via Contra Corner blog, The Senate Finance Committee tax bill is not supply side and it's not even a tax cut; it's a gimmick-ridden policy mongrel that smells to high heaven of political desperation and cynicism. Contrary to the Donald's delusional promise that the American people will get some tax cut sugar plums for Christmas, we are reasonably confident that this misbegotten exercise in reverse-robin hood economics won't reach his desk. But whether it passes in some...

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  • Mike Krieger Warns "The Generational Wheels Are Turning"

    Authored by Mike Krieger via Liberty Blitzkrieg blog, “The electric light did not come from the continuous improvement of candles.” — Oren Harari If you only read my stuff sporadically, you might be surprised to hear that I’m actually quite optimistic about the future. The main reason I compose articles highlighting all the frauds, corruption and absence of ethics within our current paradigm isn’t to fill you with fear and dread, but to create awareness. Ignorance is not bliss, and I believe...

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  • Our National Madness

    Authored by Charles Hugh Smith vis OfTwoMinds blog, Fakery and trickery are not solutions; they are a form of self-delusional madness that destroys the nation's ability to face reality squarely and choose real solutions, no matter how painful the choice and path might be. The nation has lost its common sense, its soul and its sanity. Can we summarize the source of this remarkably pervasive madness? Our efforts are now focused not on solving core problems but on covering up core problems, as if...

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  • France's Macron Covers For Saudi Aggression

    Authored by Finian Cunningham via The Strategic Culture Foundation, France’s invitation to beleaguered Lebanese premier Saad Hariri for him and his family to spend “a few days in Paris” has been viewed as French President Emmanuel Macron stepping in with deft soft power to resolve tensions between Saudi Arabia and Lebanon. Less charitably, what Macron is really doing is giving cynical cover to the Saudi rulers for their extraordinary acts of aggression towards Lebanon and their violation of...

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  • Britain's Gravest Economic Challenge Isn't Brexit

    Authored by Paul Wallace, op-ed via Reuters.com, Few British budgets have mattered as much as the one that Philip Hammond will deliver to the House of Commons on Nov. 22. The chancellor of the exchequer must shore up Theresa May’s perilously shaky government ahead of a vital Brexit summit of European leaders in mid-December. At the same time Hammond has to keep a grip on the public finances. But the gravest challenge he faces is economic: Britain’s persistent productivity blight. Productivity –...

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  • Is A Saudi-Israeli Friendship Driving The Rest Of The Middle East Together?

    Authored by Federico Pieraccini via The Strategic Culture Foundation, Through its top official, Prince Mohammad bin Salman (MBS), Saudi Arabia continues a wave of internal arrests, having seized nearly $800 billion in assets and bank accounts. A few days later, MBS attempted to demonstrate his authority by summoning Lebanese Prime Minister Saad Hariri to Saudi Arabia, where he was forced to resign on Saudi state TV. Trump tweeted support for Bin Salman's accusations against Iran and Hezbollah,...

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  • Where Does It End?

    Authored by Jeff Thomas via InternationalMan.com, It’s nothing new. Whenever a major country is in decline and approaching collapse, a contingent arises that does everything it can to speed up the process toward collapse. This is always done in the same way: Vilify the established rulers as being the culprits for the nation’s woes. Establish simplistic arguments to support that view. (The arguments need not be entirely logical or supportable, but they must have emotional public...

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  • The Wireless Power Grid: More Than A 100 Years In The Making

    Authored by Julieanne Geiger via OilPrice.com, If you can imagine a massive, horrifying beast with some 6 million miles of tentacles that costs up to $33 billion to feed and $5 trillion to replace, then you can imagine the U.S. electricity grid. But it’s a beast that can possibly be vanquished, finally. How? Magnetic induction and resonant coupling. Imagine a future where you can charge your electric vehicles while in motion using a charging mechanism built into the road on which it drives....

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  • Wild Footage Of Mugabe's Son Drenched In Diamonds, Right Before Zimbabwe Coup

    Days before the military coup d’état in Zimbabwe, one of Mugabe’s sons uploaded a snapchat displaying his £45,000 diamond watch with £200 champagne, according to Daily Mail. The story went viral fueling anger of Zimbabweans as the country suffers from an economic collapse with a 95% unemployment rate. The video shows Chatunga Bellarmine Mugabe in a South African nightclub pouring bottles of expensive champagne onto his diamond watch. Both of Mugabe’s parasitical elite sons are living the...

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  • Learning From The '80s: The Power And Irony Of "MDuh"

    Authored by Daniel Nevins via FFWiley.com, Forget about big hair, Ray-Bans, and Donkey Kong. Don’t even think about Live-Aid, Thriller, and E.T. Above all else, the 1980s were the gravy days of the money supply aggregates. Beginning in late 1979, the Fed built its policy approach around the aggregates - primarily M1 but occasionally M2, and policy makers also monitored M3 while experimenting with M1B and, later, MZM. But those were just the “official” figures. Economists and pundits debated the...

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  • Venezuela's Default Disaster

    Authored by Daniel Lacalle via The Mises Institute, Socialism always promises heaven and gives hell... In the early hours of Thursday, November 2, the Maduro regime certified its latest failure with what they promised would never happen: technical default. With his usual arrogance, Maduro issued a “decree” demanding “the refinancing and restructuring of the debt as of November 3.” That is, default. The bad news for investors or high-yield hunters is that the likelihood of being swindled again...

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  • Mauldin: It's A Bonfire Of The Absurdities

    Authored by John Mauldin via MauldinEconomics.com, “Vanity of vanities, saith the Preacher, vanity of vanities; all is vanity.”– Ecclesiastes 1:2, King James Version (attributed to King Solomon in his old age) This week’s letter will take a look at the growing number of ridiculous, inane, and otherwise nonsensical absurdities that fill the daily economic headlines. I have gone from the occasional smile to scratching my head now and then to “WTF” moments several times a week. Wondering if it was...

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  • What Happened To Cash Flow Growth: The Red Flag In Q3 Earnings

    Listening to Wall Street analysts, or their financial press cheerleaders, one would be left with the impression that earnings season has been gangbusters, and the recent 2-3 quarters of growth are sure to lay the basis for a new golden age in which EPS rises at double-digit rates for years to come. There are just a few problems with this wildly incorrect conclusion. First, after a year of earnings recession and a year in which earnings went nowehere, 2017 is finally catching up to where analysts...

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  • The Approaching Silicon Valley Meltdown

    Authored by Mark St.Cyr, To say that we are living through precarious times seems to be an understatement. Whether one lives in the so moniker’d “developed world, emerging, or frontier” there seems to be one constant currently: No one seems to be able to accurately ponder what tomorrow may bring, whether its political, economical, social, or combination there of. The only thing constant right now is one of two things: Either, further instability is on the horizon. Or, complete and utter chaos is...

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  • On The West's Demise To The Sidelines Of History...

    Authored by Seth Lievense via Limpidus.org, The world is changing, but the west is clinging on to a unipolar vision of the world that has passed. It’s attempts to discard this changing reality in exchange for a western worldview expressed in their politics and media are so ungrounded, it’s comical as it is dangerous. This western bubble of reality laid down before the wests general public seems to hold up for now, although fragile and less and less by the day. Really, Russia again? Outside this...

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  • Before You Book That Vacation, JPM Warns Multiple Spoilers Are Converging In November

    One week ago, Jan Loeys - the person who wrote "The JPMorgan View" for 15 years - announced his exit, as he transitioned from tactical asset allocation to longer-term strategy, and that he would be handing over the authorship to John Normand, and soon Nikos Panigirtzoglou and Marko Kolanovic, but not before summarizing what he has learned in 30 years of investing in a must-read bulletin which he published last week. In any case, this weekend it was Normand's turn to regale JPM's countless...

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  • MSNBC Guest Exclaims "White Men Pose The Biggest Threat To Americans" After FBI Report On 'Black Extremists'

    Jamira Burley appeared on “MSNBC Live” Saturday, claiming that white men "pose the biggest threat to Americans every single day." As The Daily Caller's Justin Caruso details, in a segment about the Justice Department looking at “Black Identity Extremist” groups, Burley said: “Again it continues to try to undermine and criminalize our leaders in a way that undermines the movement. We saw that with MLK when J. Edgar Hoover wrote letters telling him to commit murder, we saw that when Fred Hampton...

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  • The U.S. Is Crushing Its Clean Energy Forecasts

    Paris, schmarish... In a February 2007 report, the United States Department of Energy made thirty-year predictions for the country's energy usage and production. As Statista's infographic below shows, using data from the non-profit international environmental pressure group Natural Resources Defense Council, these forecasts have so far been smashed. You will find more statistics at Statista Martin Armstrong details that actual CO2 emissions in 2016 have undercut the 2006 predictions by 24...

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  • Another Step Towards The Sovietization Of American Media

    Authored by James George Jatras via The Strategic Culture Foundation, This week the US Department of Justice Criminal Division forced the Russian-funded television network RT (formerly Russia Today) to register as a “foreign agent” under the Foreign Agents Registration Act (FARA). Failure to comply would have risked arrest of RT’s management and seizure of its assets. The move comes on the heels of Senators’ recent demands that terrified tech giants Twitter, Facebook, and Google act as...

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  • What National Review Gets Wrong About the Opioid Crisis and the War on Drugs

    Via The Daily Bell Alright, libertarians, you wanted drug legalization, right? Well, with opioids, via loose prescriptions, you got it, and what’s happened? We are in the middle of the worst epidemic of overdose and addiction this country has ever seen, thousands are dropping like flies, and it appears that things will be getting worse before they get better. Your theories might sound nice when you don’t have skin in the game, but when reality intrudes on your fantasies of a free society, real...

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  • America's Righteous Russia-gate Censorship

    Authored by Robert Parry via ConsortiumNews.com, Arriving behind the anti-Trump “resistance” and the Russia-gate “scandal” is a troubling readiness to silence dissent in the U.S., shutting down information that challenges Official Narratives... A stark difference between today’s Washington and when I was here as a young Associated Press correspondent in the late 1970s and the early 1980s is that then – even as the old Cold War was heating up around the election of Ronald Reagan – there were...

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