Wall Street Loses Faith In Shale

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By Nick Cunningham To Wall Street, the shale industry has lost a lot of its allure. A decade’s worth of promises have failed to materialize, and Big Finance is cutting some of its ties with smaller shale drillers who have not delivered. The Wall Street Journal reports that the shale industry only saw $22 billion in new … Read more

AI Will Add $15 Trillion to the World Economy by 2030

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by Frank Holmes, CEO, U.S. Global Investors Photo: bagogames/flickr | Creative Commons Attribution 2.0 Generic (CC by 2.0) A couple of weeks ago, I introduced you to an exciting new company called GoldSpot Discoveries,conceived and headed by mining visionary Denis Laviolette. GoldSpot is the world’s first exploration company to use artificial intelligence (AI) and machine learning in the discovery … Read more

The Next LTCM? $8 Billion Hedge Fund Is Using 10x Leverage

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via Zerohedge: According to some, America’s bailout culture started long before the 2008 global financial crisis, with Wall Street’s bailout of Long-Term Capital Management, an iconic hedge fund whose employee roster included a “who is who” of Nobel prize winners and financial luminaries, and whose core business model was, for lack of a better word, … Read more

The US government just made clear it’s going to go after all tech from Chinese companies

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via CNBC: A letter from top U.S. officials and senators calling for a ban on Huawei-made solar equipment injects yet another complicated wrinkle in an ongoing and fierce series of tech disputes between the U.S. and China. Technology issues surrounding everything from alleged violations of Iran sanctions to trade-secrets theft and tech-transfer laws have hampered … Read more

Generating Off the Grid Energy ( providing a backup method in the event of a grid collapse )

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by Amy S. Preppers often buy goods and products in order to be ready in case of a catastrophic emergency. In addition to buying food and weapons, acquiring energy generating equipment is among the top priorities for those who wish to set up a shelter in which will have long-term sustainability. In addition to providing a backup … Read more

Survival Using the Lost Ways (If you want to be able to control your own destiny and take care of your family in a crisis without a fortune of modern stockpiles)

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by Amy S.  Avert your gaze from the modern survival thinking for just a bit and look at how folks 150 years ago did it. If you want to be able to control your own destiny and take care of your family in a crisis without a fortune of modern stockpiles, turn your gaze instead to the … Read more

One in four teen suicides involves internet… Growing up near green spaces linked to better mental health

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One in four teenage suicides involves the internet, official inquiry finds The internet played a role in a quarter of teenage suicides, an official inquiry has revealed – as its author accused social media firms of having shown “little concern” to stop self-harm online. Professor Louis Appleby, who heads the government’s advisory group on suicide, said … Read more

Inventory Pileup Sounds Alarm for Goods-Based Economy

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “In 30 years, I’ve never seen anything like this”: CEO of warehouse operator Pacific Mountain Logistics. Sales at merchant wholesalers (except manufacturers’ sales branches and offices) fell 1% in December 2018, compared to November, to $497.2 billion on a seasonally adjusted basis, and inched up only 1% compared to December 2017, according to the … Read more

Oops, Imports by China, Emerging Asia Plunge Most Since 2008

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter These unsettling tidbits about sudden problems on the demand-side in China. Imports by China and other emerging Asian economies in December plunged to the lowest level in two years, in the steepest one-month plunge since 2008, after having already plunged in November, according to the Merchandise World Trade Monitor, released on Monday … Read more