European natural gas prices jump above 100 euros/MWh for the first time in a month

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European natural gas prices jump above 100 euros/MWh for the first time in a month🚀🚀🚀 Delays to the Nord Stream 2 pipeline from Russia stoked fear of a winter natural gas shortage in Europe. Prices are again approaching last month's record high levelhttps://t.co/SEzrclUJx1 pic.twitter.com/MeEiXHGfUJ — Stephen Stapczynski (@SStapczynski) November 17, 2021

Did you know the US Strategic Petroleum Reserve (SPR) is being drawn down?

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by pinecarr From ZH, “Here’s Why Biden Was Forced To Beg Xi To Release Oil From China’s SPR” As we have detailed in depth over the past few days (here, here, and here), the Biden administration is utterly desperate to stop retail gasoline prices soaring as the president’s approval rating plunges ever lower. So desperate that last night we reported that Biden had reportedly … Read more

Rivian bubble has just been popped

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Rivian bubble has just been poppedhttps://t.co/pJFByqcNsa pic.twitter.com/JZSckhESOS — Russian Market (@runews) November 17, 2021 Volkswagen • Deliveries: 10 million vehicles/year• Revenue: $300 billion/year• Market cap: $136 billion Rivian • Deliveries: 156 vehicles total• Revenue: $0 • Market cap: $152 billion — Morning Brew ☕️ (@MorningBrew) November 17, 2021 Rivian is now the third most valuable … Read more

2 more Walgreens close in San Francisco due to rampant shoplifting…

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SAN FRANCISCO (KGO) — Sunday is the last day of business for two Walgreens stores in San Francisco. The store on Clement Street in the inner Richmond, and the store on Gough Street in Hayes Valley are closing for good starting Monday. Walgreens says prescriptions are being moved to other nearby locations. https://abc7news.com/walgreens-theft-san-francisco-closing/11236068/

Jim Rickards: Gold Breakout Imminent!

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BY JAMES RICKARDS This is getting ridiculous. And that’s a good thing. By “this,” I mean the price of gold, and by “ridiculous,” I mean repetitive to the point of absurdity. That’s OK. The prospects for gold from here are highly positive. By now, readers are tired of my description of gold trading as range-bound between … Read more

Celebrating The Long-Awaited Breakout: Biden Signs a Bill to Revive Infrastructure…and Gold!

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by Arkadiusz Sieron of Sunshine Profits Gold rallied thanks to the changed narrative on inflation, and Biden’s infrastructure plan can only add to the inflationary pressure. Huge price moves ahead? I have a short quiz for you! What the government should do to decrease inflation that reached the highest level in 30 years? A) Decrease its expenditure to make room … Read more

The Rittenhouse Case Proves The Establishment Wants To Bring Back Star Chamber Tyranny

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By Brandon Smith One of the most interesting stories from the early days leading up to the American Revolution involves the events surrounding the Boston Massacre. On March 5th, 1770 the Stamp Act had just been repealed but British Soldiers were ever present in Boston as a show of force against the “rowdy” colonists. The … Read more

Prince Andrew $2M Loan Repaid by Banker, Triggering Calls for Probe… Questions persist over how he funded luxury lifestyle

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Prince Andrew should be investigated by Parliament over a $2 million loan his banker friend repaid days after it was taken out, an ex-minister says. The money was approved on the strength of Queen Elizabeth II’s reputation even though staff said it was “not in line with the risk appetite of the bank,” a credit … Read more

GOLDMAN’s Solomon Says Market Greed Now Outpacing Fear… Powell’s Five Inflation Benchmarks Starting to Flash Amber…

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HONG KONG (Reuters) – Greed is outpacing fear in world financial markets as investors respond to the pandemic recovery, Goldman Sachs Chief Executive David Solomon says, adding that such periods of exuberance are usually not long-lived. Solomon told Bloomberg’s New Economy Forum in Singapore on Wednesday the global economy was facing a ‘complicated time’ as … Read more