Zerohedge

Authored by Simon Black via SovereignMan.com, Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. Puerto Rico Shuts Down 911 Over COVID Puerto Rico has two centers which field 911 emergency calls for the island. This week, BOTH of […]

While social media makes its best attempt at trying to get Joe Biden elected by censoring stories about his son, YouTube is facing another dilemma: the platform is so inundated with political ads it has nowhere to put them. As advertising campaigns flood the platform, YouTube has “struggled” to place the ads in front of the desired audience for each, according to Bloomberg.  Interestingly enough, YouTube is […]

Authored by MN Gordon via EconomicPrism.com, Every now and again, when a sense of doom falls suddenly upon them, the bulls turn to bears.  That is to say, they turn from buying stocks to selling.  What is it that prompts them to panic?  What turns emotions so quickly from greed to fear? The answers to these questions come a dime a dozen.  You can certainly dream […]

Ron Perelman, who we reported months ago definitely, certainly, almost positively wasn’t selling all of his assets because he was in a cash crunch is now in the process of selling his $106 million superyacht.  The yacht, called C2, has been listed by broker Burgess for 90 million euros, according to Bloomberg. It was built in 2009, sports 15 cabins, can accommodate 31 guests and and a crew […]

Authored by Chris Farrell via The Gatestone Institute, Read How To Steal An Election, Part 1: The Left’s Plan here… Read How To Steal An Election, Part 2: The Right’s Response here… We are less than two weeks from election day, so here is your final installment to help you understand the theft of the upcoming presidential election. We previously established the Left’s documented plan to disrupt the […]

Back in June, the generally cheerful investing icon Jeremy Grantham unleashed fire and brimstone, taking his $7.5BN portfolio to a net short position for the first time since the financial crisis, and summarizing his dire assessment of the current unprecedented situation simply by saying “this will end badly.” Doubling down on his apocalyptic message, the one-time value investing guru told CNBC at the time that the […]

Authored by Jim Quinn via The Burning Platform blog, “The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. Political and economic trust will implode. Real hardship will beset the land, with severe distress that could involve questions […]

Day after day the algos excited pumped and dumped stocks on the back of ‘hope’ and ‘nope’ headlines about the next round of COVID-19 relief from Washington. By the end of the week, stocks were down, bond (prices) were down, oil was down, the dollar was down, and economic data was down… Source: Bloomberg But all stocks care about is their next “feed” of free money… […]

Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, The U.S. election has world is holding its collective breath. There is so much riding on the outcome of this particular election that, for once, creating an event to shake things up isn’t in the cards. In fact, every day it becomes more obvious that the headlines generated by statements from the people at the center […]

More than a month after US authorities halted trials for the AstraZeneca-Oxford COVID-19 vaccine, the FDA has reportedly signed off on allowing AstraZeneca to move forward, despite the recent death of a patient in one of its Brazilian trials (though it appears now that the subject received a placebo, not the vaccine candidate itself). Per WSJ, the FDA has finally finished its investigation into an incident […]

Chinese state media is widely circulating a new bellicose statement from President Xi Jinping made on a key Korean War anniversary for Beijing. The quote is going viral following the US presidential debate between Trump and Biden where both were asked how they would “stand up” to the China threat. Xi is reported to have said “war must be fought to deter invasion, and violence must be met […]

Authored by Charles Hugh Smith via OfTwoMinds blog, Masking the rot and fragility is not the same thing as strength or permanence. The great irony of the past 75 years of expanding consumption is the belief that all these decades of success prove the system is rock-solid and future success is thus guaranteed. The irony lies in the systemic fragility that’s built into the large-scale industrial production that generates […]

Authored by Patrick Buchanan, op-ed via Townhall.com, When Amy Coney Barrett was nominated to a judgeship on the U.S. Court of Appeals in 2017, Sen. Dianne Feinstein was taken aback by the Notre Dame law professor’s Catholic convictions about the right to life. “Professor,” said Feinstein, “when you read your speeches, the conclusion one draws is that the dogma lives loudly within you, and that’s of […]

President Trump elicited jeers from New York City’s remaining residents Thursday night when he called their city a “ghost town” during a lengthy riff on the myriad problems created by COVID-19-inspired lockdowns. But a mountain of data shows that Manhattan rents and property prices have tumbled to their most affordable levels in years. But even more so than residential real estate, commercial real estate has taken […]

By Stephen King, HSBC’s Senior Economic Adviser and author of ‘Grave New World’, originally published in the FT, In a world in which government debt is rapidly rising, it’s hardly surprising that there’s growing interest among investors in Modern Monetary Theory. After all, one of its central claims is that budget deficits are, from a financing perspective, an irrelevance. So long as increased government borrowing doesn’t […]

Authored by James Rickards via The Daily Reckoning, This is not the first time I’ve relayed this information. But these days I believe it’s more important than ever to remind readers of its significance, especially in light of the unprecedented credit creation the Fed’s been conducting since March. Following the Panic of 1907, John Pierpont Morgan was called to testify before Congress in 1912 on the […]

Via 21stCenturyWire.com, Ever since the Democratic Party nominated its ticket of Joe Biden and Kamala Harris for the 2020 U.S. Presidential Election, together, with their media operatives, have made it central to their campaign message to brazenly lay at the feet of incumbent President Donald Trump the ‘over 200,000 COVID deaths’ – a spurious claim, by any reasonable standard, that has gone virtually unchallenged by mainstream […]

There’s been a huge development out of Turkey at a moment the country is under US scrutiny after conducting major Russian S-400 missile defense system tests for the first time, which have run late last week into this week on the Black Sea coast. The United States Embassy in Turkey says it has temporarily suspended all citizen and visa services based on a significant security alert. #Turkey: […]

Summary: US sees 2nd highest jump in new cases Europe’s hospitals overwhelmed amid surge in COVID patients Cases in India slow Blood plasma treatment proven ineffective 8 states reported records * * * Record numbers of new COVID-19 cases were reported across Europe on Thursday, which, combined with a surge in US cases, along with Russia, Turkey and a handful of other countries, helped to send […]

S&P futures and European stocks rose on positive corporate earnings and German PMI data, while Treasurys reversed an earlier loss, even though the rapidly approaching election means the chance of a fiscal deal getting passed by Congress ahead of Nov. 3 now seems increasingly distant. In pre-market trading, Intel tumbled 9% after a surprise drop in data-center sales. Gilead Sciences jumped after its antiviral therapy becoming the first […]

Authored by William Suberg via CoinTelegraph.com, Bitcoin price hits a new record high in seven national currencies of 500 million people. image courtesy of CoinTelegraph Compiled by entrepreneur and market commentator Alistair Milne, exchange rate figures show that at this week’s highs, Bitcoin was worth more in seven currencies than ever before. Countries where #Bitcoin has hit a new ATH in their local currency: Brazil – pop. […]

NJ Governor Phil Murphy has been working from home this week since he came into close contact with an individual who later tested positive for the virus. Once news about the governor’s exposure got out, it likely piqued the curiosity of many of those in the Garden State. Is the guy who has jailed gym owners and asked voters to stay indoors and avoid seeing friends […]

Authored by Jeff Thomas via InternationalMan.com, For the entire lives of anyone under the age of seventy-five, the US has been at the top of the heap in almost every way. For decades, it had greater freedom, greater prosperity and higher production than any other country in the world. America was a cornucopia – the centre for innovation and trends in technology, the arts and social […]

Senate investigators have demanded that Hunter Biden turn over a mountain of evidence following bombshell emails and text messages which appear to show he and his business partners engaging in an international influence-peddling scheme while his father was Vice President of the United States, according to CBS News’ Catherine Herridge – who brought receipts as usual. NEW: Senate Investigators seek Hunter Biden records, according to October […]

China has stepped up war preparations by deploying hypersonic missiles at several military bases across from Taiwan. The new type of missile gives China’s People’s Liberation Army significant leverage over Taiwan’s anti-ballistic missile shield due to the glide vehicle’s unpredictable ballistic trajectory.  For more hints that China is beefing up its forces with advanced weaponry. Sputnik News reports footage of a Chinese Xian H-6 twin-engine jet bomber that has emerged on […]

The United States Naval Institute has highlighted in a new report that Iranian fuel tankers are being escorted by Russia’s military in the Mediterranean in order to prevent a high seas intercept or detention by American or allied vessels, as happened in 2019 with the Grace-1 off Gibraltar which involved seizure by elite British forces. Citing satellite imagery, the US Naval Institute’s official news page details […]

Submitted by OilPrice.com Russia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production cuts into next year, according to Russian President Vladimir Putin. The comments could be merely jawboning to a market that is desperately seeking reassurances that oil production will not ramp up too quickly beyond demand. But Russia has in the past been reluctant […]

Among the big fears of major regional powers neighboring the Caucasus like Russia or Iran is that the ongoing war between Azerbaijan and Armenia in the Karabakh region might spill over into a broader regional conflict that becomes internationalized. In Iran’s case, for example, errant missiles and mortar fire from the fighting are now somewhat routinely crossing the border and land on Iranian soil, sometimes on civilian […]

When your company gets big enough and an idea infringes upon your customer base, you always have the option to just rip it off and claim it as your own. After all, Microsoft started its journey to becoming a trillion dollar company with Windows 95 after ripping off Apple, who ripped off their operating system from Xerox. And that trend in technology is still apparent today with […]

In a day when half the US population remained transfixed by the ongoing revelations about the contents of Hunter Biden’s “laptop from hell” and the other half was doing everything in its power to ignore the news which the socials have conveniently been desperate to censor, a far less noticed but perhaps just as important investigative report authored by the unknown Typhoon Investigations, was released by […]

Thursday night’s debate kicked off with both candidates behaving themselves, more or less, until the two engaged in several spats over the Hunter Biden scandal which quickly dissipated. For a quick summary of how the candidates did aside from Huntergate: COVID-19 – Tie, both stuck to well-worn talking points American Families – Trump with the edge due to a ‘kids in cages’ moment. “Who built them?” […]

Authored by Patrick Armstrong via The Strategic Culture Foundation, I am indebted to Bryan MacDonald for this brilliant neologism: Russophrenia – a condition where the sufferer believes Russia is both about to collapse, and take over the world. An early example comes from 1992 when the then-Lithuanian Defence Minister called Russia a country “with vague prospects” while at the same time asserting that “in about two years’ […]

National borders may be mere human constructs, but they are powerful ones. Russia, Canada, the U.S., and so on – it’s easy to focus on the countries with the largest landmasses and seemingly endless borders. Their sheer size makes them hard to ignore, and their natural resources are often vast. But with the graphic below from TitleMax, we can focus on the power of small. As Visual […]