Investment Watch Blog

By Nick Cunningham Canadian oil prices briefly plunged as low as $15 per barrel last week, after a U.S. federal judge blocked the construction of the Keystone XL pipeline. Canada’s oil industry has lurched from pipeline crisis to pipeline crisis, with projects blocked at every turn. Just a few months ago, the Trans Mountain expansion – a proposed … Read more

The left used to applaud those who avoided the draft but now cracks jokes about Trump not apparently wanting to go get shot at in a jungle. They’ve exported this “logic” to his cancellation of a visit to Arlington Cemetery.      

by John Rubino Back in 2104 oil was falling and hundreds of billions of dollars of energy junk bonds and leveraged loans looked to be at risk. Wolf Street had this to say at the time: Oil and Gas Bloodbath Spreads to Junk Bonds, Leveraged Loans. Defaults Next The price of oil has plunged nearly … Read more

via visualcapitalist: Copper’s special relationship with electricity has been apparent since ship designers first regularly began installing copper to protect the masts of wooden ships from lightning in the early 19th century. Today, of course, you might be more used to seeing copper’s electrical applications through the use of power lines, telephone wires, and wiring in … Read more

by Kimble Charting CLICK ON CHART TO ENLARGE This 4-pack looks at the DJ Home Construction, Banks, Junk Bonds and the S&P 500, highlighting that bearish divergences took place in 1999 and 2007 at each (1). These assets were sending bearish topping messages “BEFORE”the tops in 2000 & 2007. Looking at this year, each asset has been … Read more

Road To Roota, Released on 11/13/18 There should be no doubt that the Conspiracy to rig the precious metals market by the Western Banking Powers is totally and completely TRUE…so expect the worst until they are removed! Bix Weir has 30 years’ experience in the financial industry with various fortune 500 companies. He is the … Read more

by Bill Bonner YOUGHAL, IRELAND – “The whole thing is a giant fraud,” was perhaps too much for an unprepared audience to take on. Your editor, in trying to explain why the U.S. money is “fake,” had perhaps bitten off more than he could chew… at least in the context of a panel discussion in Ireland … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “Outlook has deteriorated even more for the Eurozone than for Germany.” While the trade disputes between the US and China loom large for Germany’s export-dependent economy, the developing malaise is broader. The German stock index DAX has dropped 15.4% since the end of January, even after today’s 1.3% gain. “Negative growth” in GDP … Read more

by Chris I follow oil very closely, and I cannot remember any market carnage like this before. Even forgetting the 14 days down in a row (a record), today’s -8% spanking had better be some sort of major capitulation. Obviously there’s a ton of shale drillers out there whose unhedged production revenue projections just got … Read more

https://youtu.be/Pl6tguJ_qmE U.S. troops reinforce the border at Tijuana before the arrival of the migrant caravan 11/13/18   GUADALAJARA, Mexico –  The U.S. government said it was starting work on Tuesday to “harden” the border crossing from Tijuana, Mexico, to prepare for the arrival of a migrant caravan leapfrogging its way across western Mexico. Customs and Border … Read more

  While Macron Was Condemning Nationalism, Poland Has Their Largest Independence Day March Ever What is the foundation of Polish patriotism? Heroic history of Poland! The Unconquered h/t zKnight

by Jesse “Life is a school of probability.” Walter Bagehot Here is a little more to expand on the posting I made last night here. We have had a long run up, with only a few corrections, to new all time highs. The market has finally broken and corrected significantly. You can see comparisons to 1929 … Read more

YOU KNOW, I THINK I’M GOING TO ENJOY THE NEXT TWO YEARS: h/t GR

by northmantrader It’s coming. And don’t kid yourself into believing it won’t. It happens in every cycle. The economy comes out of a recession, things recover (these days with the help of central banks) and the cycle ultimately morphs into unrealistic positive expectations about the future and optimism reigns supreme as unemployment drops to cycle … Read more

from Zero Hedge Jeff Sessions has already packed up his things and left the DOJ for the last time, and it’s likely that Commerce Secretary Wilbur Ross will be next to go given Trump’s well-documented frustrations with Ross’s job performance and the percolating scandals surrounding possible ethics violations. And to the list of likely Trump administration post-midterm departures, we can … Read more

TradersChoice.net, Released on 11/12/18 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate … Read more

Professor Valentina Zharkova presented at the Global Warming Policy Forum, and this is what happens when someone familiar with Grand Solar Minimums and the effects on society tries to warn about global food insecurity within a decade. Giraffes in snow, atmospheric compression events and uber extremes are a wisp of what is in store through … Read more

Is it possible to avoid a crisis based on current trajectory? The global economy is on a path to destruction. In 2008, there was a major financial crisis. World leaders gathered together to restore the issues that were presented. The solution was to repackage the debt and push the crisis further into the future. They’ve … Read more