Mexico No Longer A Net Exporter

by Chris Mexico is now a net importer of oil.  Here’s the data. Here’s consumption (down, but still just over 1.8 mbd): And here’s the production chart again, but presented slightly differently and with the consumption line overlaid: The prospects for any nation decline severely once they become a net importer of energy. Just how … Read more

Charted: The Highest-Paying Companies in the U.S.

by howmuch According to the most recent data from the U.S. Census Bureau, the median household income in the U.S. is $61,937. Some companies are well-known for having sky-high salaries that are more than twice the median household income. Our new visualization ranks the highest-paying U.S. companies by median salary based on the latest research from … Read more

QE4ever Arrives in One Quantifiable Quantum Leap!

by David Haggith   It’s QE4ever, Baby! The Fed’s latest move back into quantitative easing took a quantum leap in a single day with last week’s rush announcement of major permanent money injections to begin this Tuesday. Since the Fed adamantly denies it is doing what it is doing — going back to quantitative easing (because they legally … Read more

6 Warning Signs That Civil Unrest Is IMMINENT

By J. G. Martinez D. Dear fellow readers. This week has been “interesting” in South America. Interesting, indeed, but as in the ancient Chinese curse style. For those of us in this side of the hemisphere, having been able to witness first-hand, in the front line, how the very same plot that made us get the heck … Read more

Protests after court verdict on Catalan pro-independence leaders + Paris firefighters protest | live streams

by serkok Nine former officials were sentenced to between nine and 13 years in prison for their role in the 2017 bid for Catalonia’s independence. Three other defendants who were found guilty of disobedience escaped jail terms.  Barcelona [link to http://www.youtube.com (secure)] In Paris police used water cannons against protestors (firefighters). Paris Firefighters protest in Paris: … Read more

Gold Bulls Crossing Their Fingers For An Economic Collapse The Dutch Central Bank Warns Of?

by Arkadiusz Sieron of Sunshine Profits Yesterday, the Nobel prizes in economics were awarded. Unfortunately, gold has been omitted and got nothing. How unfair! But looking at the Dutch central bank press release, gold would have much higher chances if they were the ones granting the prizes and not the Swedish central bank! 2019 Nobel in Economics and … Read more

Oil Prices Fall After Misleading Trade War Rumors

By Nick Cunningham Oil prices rose on Friday after the U.S. and China seemed to hammer out a trade deal that postponed tariffs. But after studying the details – or lack thereof – investors lost much of their enthusiasm. Crude prices were down at the start of trading on Monday, a reflection of disappointment following last … Read more

I’M SO OLD I CAN REMEMBER WHEN MONEY IN POLITICS WAS SUPPOSED TO BE BAD:

Dems Pour Money Into Virginia Ahead of Crucial Elections. Prominent Democratic donors and groups have pushed more than $13 million into Virginia in an attempt to oust Republican politicians from the control of the legislature. Virginia, one of four states that have legislative elections in November, has been viewed as a pivotal state to recapture … Read more

Why Trump Can’t Lose

by Wayne Root Democrats are delusional. They try to destroy Trump. They try to ruin Trump. It never works. No matter how hard they try, they can’t beat Trump. Let me give you a great example. Three Sundays ago, I was busy watching NFL football, when my phone rang. “Are you watching Fox News?” my buddy … Read more