Oil Reserves by Country and Region (1980-2017)

Total proved reserves of oil – Generally taken to be those quantities that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operating conditions. The data series for total proved oil does not necessarily meet the definitions, guidelines and practices used for determining … Read more

Maximize happiness/minimize cost

by uselessfoster So a couple weeks ago the Mr. and I reviewed our finances and decided that “lifestyle creep” was cutting into our savings and we weren’t really any happier for it. So we made a motto to maximize happiness and minimize cost (and even wrote it on a card to put on the fridge) … Read more

First Spotify, now Slack: Wall Street may be losing its iron grip on Silicon Valley

via VOX: With Slack’s apparently successful “direct listing” on Thursday, Silicon Valley scored another win in its tug-of-war with Wall Street and raised more questions about whether tech companies need the traditional support of big banks. Slack, the workplace messaging software popular in tech and media circles, became the second large tech company to debut … Read more

The Contraction Is Here

The contraction is here folks! Philly Fed confirmed the horrible numbers from NY Empire. Philly Fed at 0.3 is in line with ISM Manufacturing below 50!! How to trade it? -> https://t.co/Z6kRG6AG8z pic.twitter.com/UhXxYfI5Rw — Andreas Steno Larsen (@AndreasSteno) June 20, 2019 And here's the @IHSMarkitPMI US manufacturing index charted against historciaL #FOMC policy changes. June … Read more

FITTON: BIG ARMS SCANDAL: Smoking gun docs uncovered by Judicial Watch show Obama/Clinton were aware arms going to Syria through Benghazi and were warned about rise of ISIS, and they were supporting terrorists in Syria. Obama/Clinton created Syria/Iran mess.

by TFittonJW One of our most important finds in our 25 years of operation: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-defense-state-department-documents-reveal-obama-administration-knew-that-al-qaeda-terrorists-had-planned-benghazi-attack-10-days-in-advance/ BIG ARMS SCANDAL: Smoking gun docs uncovered by @JudicialWatch show Obama/Clinton were aware arms going to Syria through Benghazi and were warned about rise of ISIS, and they were supporting terrorists in Syria. Obama/Clinton created Syria/Iran mess. https://t.co/2L30dJSmpn … pic.twitter.com/iPQYkX11YP — … Read more

China Hit By “Significant Banking Stress” As SHIBOR Plummets To Recession Levels

via Zerohedge: It’s probably not a coincidence that just days after we reported that China’s interbank market was freezing up in the aftermath of the Baoshang Bank collapse and subsequent seizure, which led to a surge in interbank repo rates and a spike in Negotiable Certificates of Deposit (NCD) rates…   … that Beijing is doing everything … Read more

AOC’s latest Tweet is SO IGNORANT and OFFENSIVE Even This Memorial Corrects Her

https://www.youtube.com/watch?v=XBt_vPkHoG0 Jim Hoft from the Gateway Pundit reports, As reported earlier by Joseph Curl — Democrat Rep. Alexandria Ocasio-Cortez, the 29-year-old former bartender turned member of Congress, on Monday said President Trump “has established concentration camps on the southern border.” Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…

Mitch McConnell FINALLY Steps In And SLAMS Democrats For Wanting ANOTHER Eyeroller

https://www.youtube.com/watch?v=aavcvtn9uxQ Cristina Laila from the Gateway Pundit reports, The Democrats are pushing for reparations for slavery and Senate Majority Leader Mitch McConnell (R-KY) is not having it. The House Judiciary Committee led by Chairman Jerry Nadler (D-NY) will hold a hearing Wednesday “to examine, through open and constructive discourse, the legacy of the Trans-Atlantic Slave … Read more

Will you be able to recover your losses rapidly?

by Brian Maher from The Daily Reckoning How far might markets plunge next time around? And will you be able to recover your losses rapidly? Answers — possibilities, rather — shortly. And is one of Wall Street’s oldest chestnuts of investment wisdom tragically wrong? This question too we will tackle. But first to that vicious den … Read more

Brent Bozell – Are Digital Giants the Enemy of the People?

from Financial Survival Network Brent Bozell, noted free speech advocate and proprietor of the Media Research Centerfights a never-ending battle against the Silicon Valley Oligarchs to assure that conservative voice always have a right to freely expression and access. He’s been doing it for decades and now believes we’re in the final frontier. The big tech companies … Read more

Budget Talks Stall, All Reach Impasse Over Spending Cuts And Debt Ceiling

by Mac Slavo of SHTFplan One of the most threatening issues facing the United States today is the government’s massive debt. Instead of figuring out how to fix the problem, politicians want to spend more money selling future generations into slavery to do so. Budget talks have stalled as the political elites fail to figure out how to live within their … Read more

Stocks made a new high very quickly. What’s next

by Troy The S&P 500 made a new all-time high today after falling more than -6% just a few weeks ago. This has been a quick recovery. Today’s headlines: Stock market’s quick recovery Despite the stock market’s recovery, sentiment is still quite pessimistic 10 year – 2 year yield curve is steepening Baltic Dry Index improvement … Read more

This Is How The U.S. Plans To Cripple Iran’s Economy

By Simon Watkins With sanctions re-imposed on Iran’s oil exports last year and recently applied in part to its petrochemicals exports as well, the U.S. is now looking to roll out the next phase of its sanctions plan against the Islamic Republic. This is to gradually employ increasingly tight sanctions on Iran’s gas sector, whilst ensuring … Read more

Is This The Beginning Of The End For Tesla’s Solar Business?

By Irina Slav Tesla held just a 6.3-percent share of the residential solar installations market in the first quarter of this year, falling to the third place for the first time since Wood Mackenzie began tracking this industry in 2013. The consultancy said in its latest quarterly report that the number-one solar installations provider in the first quarter … Read more

Trump Stands Down on Retaliation Against Iran

by Martin Armstrong Trump said Iran’s attack on the drone was probably an unintentional “mistake.” According to sources, President Trump had approved military strikes against Iran targeting its radar and missile batteries in retaliation for the attack on the American surveillance drone, but he scratched the mission after the plane were in the air. The … Read more