By Tsvetana Paraskova The oil demand crash in April, when most of America was under stay-at-home orders, resulted in the biggest monthly inventory jump in U.S. commercial crude oil inventories in data going back to 1920, the U.S. Energy Information Administration (EIA) said on Thursday. In April, U.S. commercial crude stocks soared by 46.7 million barrels, or … Read more
By Julianne Geiger The rash of oil and gas bankruptcies in North America is set to continue for the remainder of 2020, a report by Haynes and Boone cited by Reuters shows. After the coronavirus pandemic and oil price war set in at the end of the first quarter, the second quarter began with a … Read more
by DCG What IS it with politicians who arrive from other countries and threaten to destroy the systems that have afforded them such unique opportunities? After passing the "Amazon Tax," Seattle City Councilwoman Kshama Sawant went on this unhinged rant. She threatens to seize control of the Fortune 500 and overthrow the "racist, sexist, violent, utterly bankrupt system of … Read more
by Kimble Charting Successful investors are often rewarded by owning strength and avoiding weakness. Could two key sectors be experiencing 20-year strength and weakness extremes at the same time? Yes! The NDX 100/S&P ratio (left above) is currently experiencing a 20-year breakout at (1). At the same time, the Russell 2000/S&P ratio is near 20-year lows at (2). … Read more
It is usually around this time of year when wild berrys start to ripen and will be ready for harvest. And most people do not realize just how much Free Food is just waiting for you in the wilderness. Knowing what is safe to consume is half the battle. Finding the items is the other. … Read more
by Helix I loved the way this article framed the issue so as to exclude some of the more egregious issues with MMT. I’ll just mention a few of them: 1) Deficit spending has so far led to little or no inflation? Seriously? Do you have kids in college? Have you been to the emergency room … Read more
by Jim Here is how Dr. Shiva A., MIT Biological Engineering PhD and developer of CytoSolve depicted it in early May; We knew from the earliest in-vitro studies of infected cells that HCQ (along with Remdesivir) inhibited viral replication.. what was really cool I thought was the later data that came out showing that there … Read more
Judicial Watch President Tom Fitton appeared on @Joe Pags to discuss the latest news on voter fraud/ballot harvesting, #ObamaGate, the Clinton Email Scandal, & more!
AND THE SPIRITUAL BATTLE RAGES ON… Tucker Carlson said tonight these people who have now graduated from the Universities are now working for the Biden Campaign, Vox and in the Media where they can continue to rage on with a need for safe spaces and to silence dissenting speech.. Here they are! h/t christian
In Hubei province of China, close to 29,000 citizens were evacuated as a nearby reservoir dam is showing signs of deformation, and began to slide. The incident is taking place amid continuing heavy rains in China. Near the middle reaches of the Yangtze River, which has been overflowing as well, the water level at the … Read more
by Martin Armstrong The world has changed dramatically in the course of this orchestrated and intended collapse of the global economy in order to launch this Great Reset. In the course of several months, we have watched a deliberate economic disaster under the pretense of this coronavirus pandemic. While the main objective of one group … Read more
by _Jack_lambert People are finally waking up and realising TikTok is a terrible app and nobody should use it. India is banning it, US is considering banning the app, and the app is no longer available in Hong Kong. I think it is a smart move that countries are banning it. But every country needs … Read more
https://www.restaurantbusinessonline.com/technology/grubhub-uber-postmates-accused-antitrust-violations A lawsuit filed this week by a group of restaurant consumers accuses third-party delivery companies Grubhub, Uber and Postmates of antitrust violations resulting in inflated menu prices. The class action suit alleges that high commissions charged by the platforms force restaurants to charge higher prices. In turn, the platforms’ strict pricing restrictions essentially lock … Read more
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: The imminent collapse of the fractional-reserve gold banking system is the primary topic of a discussion between London metals trader and Kinesis Money founder Andrew Maguire and GATA consultant Harvey Organ, a student of the gold and silver markets for 50 years. They review: — Organ’s … Read more
by The Phoenix The Fed is preparing to pull the plug on the markets. Quietly and with little notice, the Fed balance sheet has begun shrinking. Indeed, it started in early June 2020. It is not coincidence that the S&P 500 peaked around that date. Much of the prior contractions were due to the Fed reducing … Read more
(by Half Dollar) You better hurry up and sell all of your gold! For those who like the tick-by-tick, or for those who are counting, that was 17,778 contracts in four minute. At 100 ounces per contract, we’re talking about 1,777, 800 ounces of “gold”. That was mostly sold: Of course, the cartel doesn’t have to … Read more
