First Shale Oil Domino To Fall: More To Follow

BY SRSROCCO In a stunning news release, Continental Resources, the largest shale producer in the Bakken, is shutting in most of its production in the region.  That is one hell of a lot of output to shut-in as Continental Resources was producing over 200,000 barrels per day in the Bakken at the end of 2019. … Read more

Italy: Restarting from the 4th of May

by simo1996TO Starting from the 4th of May: -construction and manufacturing sector reopen (not retail). -Restaurants and Pubs ONLY take away allowed. -Inability to move to other regions (only for health problems or job necessities) -Inability to party (even at home), only allowed to go to grandparents house and shit. -Open parks but always with … Read more

Chris Vermeulen: Gold On The Cusp Of Reaching $2100

by Chris Vermeulen of The Technical Traders Chris Vermeulen, CEO & Founder of Technical Traders, joins Tom to discuss the markets once again Chris says, “This is the time to really be paying attention to the markets… It could be a bloodbath.” Chris is seeing uncertainty that could bring equities lower as money is flowing into safe havens. … Read more

RUSH: You know, in a way, I have been waiting for the question or the objection to spending — government spending — on the part of the Trump administration and Republican Party.

via rushlimbaugh RUSH: Here’s Nate. Nate’s in Detroit. Great to have you. I’m glad you called, Nate. Hello. CALLER: Rush, it’s an honor to speak with you. Mega law enforcement and USMC veteran dittos from the socialist Republic of Michigan. RUSH: Yes. Thank you very much. I’m glad you’ve escaped and found some private time to … Read more

What Are the Markets Saying About Inflation Today?

by The Phoenix “The question is not which woman is the most beautiful but which woman everyone else will think is the most beautiful.” The man in front of me is a billionaire investor. He is a self-made billionaire. He has actually funded other billionaire investors’ hedge funds. Warren Buffett has publicly admitted that he is … Read more

Buffett and Munger’s Current State of Confusion Speaks Volumes

From Birch Gold Group When the vice chairman of one of the world’s largest investment firms and one of the most well-known names on Wall Street both “throw up their hands” in a time of economic crisis, it’s a good idea to pay close attention. We’re referring to Charlie Munger and Warren Buffett of Berkshire Hathaway, both of whom seem baffled by … Read more

Upcoming S&P 500 earnings April 27 to May 1

by Annapurna__ Earnings spotlight: Keurig Dr Pepper (NYSE:KDP) and F5 Networks (NASDAQ:FFIV) on April 27 UPS (NYSE:UPS), 3M (NYSE:MMM), Alphabet, Southwest Airlines (NYSE:LUV), Ford (NYSE:F), Caterpillar (NYSE:CAT), AMD (NASDAQ:AMD), PepsiCo (NASDAQ:PEP), Starbucks (NASDAQ:SBUX) and Merck (NYSE:MRK) on April 28 Microsoft (MSFT), eBay (NASDAQ:EBAY), Facebook, Yum Brands (NYSE:YUM), Boeing (NYSE:BA), Mastercard (NYSE:MA), General Electric (NYSE:GE) and … Read more

FBI Director Wray Pushed To Withhold Exculpatory Evidence In Flynn Case

The truth is coming out and Gen. Flynn will be vindicated. _____ EXCLUSIVE: Source Says FBI Director Christopher Wray Pushed To Withhold Exculpatory Evidence In Mike Flynn Case By CHRISTIAN DATOC | April 24, 2020 (Daily Caller) – Federal Bureau of Investigation Director Christopher Wray fought to prevent exculpatory evidence from surfacing in the case of … Read more

The reason why stocks were heading up for past 3 weeks – Blackout period of mega caps

by nats7798 The Securities and Exchange Commission (SEC) has set rules to ensure that employees are not at a disadvantage during a blackout period. The SEC prohibits any director or executive officer of an issuer of any equity security from purchasing, selling or otherwise acquiring or transferring securities during a pension plan blackout period.2 In addition, the SEC has established rules … Read more

House prices don’t fall, even though nobody is buying. Kinda like stocks?

by nudedirection The coronavirus pandemic has dampened the spring homebuying season by nearly every measure—but buyers still might not find the discounts they’re looking for. Of the nearly 3,000 agents surveyed by the National Association of Realtors (NAR) between April 19 and 20, 64% said buyers expect a decline in home prices, with the largest share … Read more

U.S. economy to reopen in May and June and then ‘really bounce back,’ Mnuchin says, but others are thinking fall

The U.S. economy will start to recover in the third quarter after a period of reopening in May and June, Treasury Secretary Steven Mnuchin said Sunday. “As we begin to reopen the economy in May and June, you’re going to see the economy really bounce back in July, August and September,” Mnuchin said in an … Read more

KEVIN WILLIAMSON: States Should Not Receive Bankruptcy Protection.

via nationalreview Mitch McConnell believes he has hit upon a solution for states that are upside-down on their pension obligations and other financial commitments: “I would certainly be in favor of allowing states to use the bankruptcy route,” he told Hugh Hewitt on Wednesday. “It’s saved some cities, and there’s no good reason for it not to be available.” … Read more

The Economic Bust Wasn’t Caused By A Virus

by Mark Thornton via Mises On February 10 the stock markets were at all-time highs, with the Dow 30 at almost 30,000. The unemployment rate was at an all-time low and interest rates around most of the world were at all-time lows. With interest rates near zero for an entire decade, the value of stocks, bonds, real … Read more

Documentary about Social Control, Manufactured Consent, Science and Education that examines the history, the philosophy and the pathology of elite ruling power.

“The driving source in society is not love, its fear” This film is about the rise of mechanistic philosophy and the exploitation of human beings under modern hierarchical systems.” The film includes original interviews with: Noam Chomsky, Howard Zinn, Rebecca Lemov (World as Laboratory), Christopher Simpson (The Science of Coercion), George Ritzer (The McDonaldization of … Read more