Doing God’s Hedging

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Doing God’s Hedging: Goldman Made $200 Million In One Day During Feb 5 “Volocaust” (Zerohedge) Quote: “The investment bank reaped a $200 million profit on Feb. 5, the day volatility exploded back to life in equity markets as the Dow registered its largest one-day point drop in history. The bank’s score can be attributed to long-vol … Read more

Elon Musk blasts Corporate Media. Says he’s wants to create botproof website where the public can rate the core truth of any article & track the credibility score over time of each journalist, editor & publication.

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by whatevawhatevvathroa Elon Musk to track reporters, media credibility… ‘Holier-than-thou hypocrisy’…   Elon Musk has been shitting on Corporate Media today, says he’s going to create a site where the public can rate the core truth of any article & track the credibility score over time of each journalist, editor & publication. Thinking of calling … Read more

Oops, It’s Starting, Says This Chart from the FDIC

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter And its eerie exhortations to the banks to prepare for a downturn to avoid “undue disruption to the financial system.” The FDIC’s quarterly report on commercial banks and savings institutions was cited in the media mostly for the $56 billion in profits that FDIC-insured commercial banks and savings institutions made in … Read more

Drought Conditions In The Southwest Are So Bad That They Are Already Being Compared To The Dust Bowl Of The 1930s

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by Michael Snyder The worst drought to hit the Southwest in decades continues to grow even worse, and many are already comparing this current crisis to the Dust Bowl days of the 1930s.  Agricultural production is way down, major rivers are running dry, and horses are dropping dead from a lack of water.  The epicenter … Read more

Government Crackdowns In China And India Threaten To Absolutely Crush The Cryptocurrency Bubble

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by Michael Snyder Taxation and regulation are weapons, and governments often use these weapons to target things that they do not like.  Cryptocurrencies such as Bitcoin, Ethereum, Ripple and Litecoin threaten to shatter the existing paradigm of financial control that the elite have carefully crafted, and that is making government officials all over the planet very … Read more

Proof That Central Bank Fiat Currency Is Dying

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Banks are preparing for the worst, Deutsche bank is now going to layoff 10,000 workers and this number might go even higher. Other banks will follow. New home sales decline as interest rates increase. The dollar has been losing value since the central bank has come into existence, this is how their system is designed. … Read more

Yields Look Overextended and Ready for Mean Reversion

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by Frank Holmes, CEO, U.S. Global Investors The 10-year Treasury yield has been the topic of conversation lately among fixed-income investors. Earlier this month, the T-note closed above 3 percent for the first time since July 2011, prompting some market watchers to call time on the three-decade Treasury bull market. (Bond prices fall as yields … Read more

BBC Makes Mass-Immigration Propaganda

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Just embrace your replacement in your own homeland British because you really don’t exist anyways don’t be a racist ok! BBC Makes Mass-Immigration Propaganda | BBC Teach | British Identity https://www.youtube.com/watch?v=dnmq7utJGJQ h/t Tess

Deutsche Bank Says It’s Firing 10% Of Its Global Workers (A Month After Firing 10% Of U.S. Workers)

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from Zero Hedge Well that escalated fast: one month after Bloomberg reported that Deutsche Bank would cut 1,000 jobs in the US, roughly 10% of its total US labor force, as part of new CEO Christian Sewing’s restructuring process, the WSJ this morning writes that executives at the biggest German lender have “zeroed in” on plans to eliminate … Read more