by John Rubino In the next downturn (which may have started last week, yee-haw), the world’s central banks will face a bit of poetic justice: To keep their previous policy mistakes from blowing up the world in 2008, they cut interest rates to historically – some would say unnaturally — low levels, which doesn’t leave … Read more
Post by Mella: Little limp dick $VIX (as i call it) and its inability to get up and stay up has been apparent for many years but more so since Trump came into power. For me $VIX has always been key and one needs to constantly respect it. The trend has been firmly down. However, once … Read more
XIV is supposed to be the inverse of the VIX, the volatility index. However, the XIV is now down 90% after-hours. This is the first time an ETF will have triggered the termination, or “acceleration” clause in history. Insane. Something is clearly broken… People buy this ETF when the market isn’t producing any volatility, which … Read more
by John Ward An occasional series aimed at those who suspect they’re being told lies about pretty much everything but are too busy to check. It is not aimed at fluffies, feminists, diehard Remainers, globalists, socialists, neoliberals, metropolitan bubble dwellers and Treasury officials, as the Truth makes all of them feel very uncomfortable, and we don’t want that, … Read more
From Kitco News: While some have been shying away from the gold market, with prices seeing their biggest daily decline in two months Friday, one country is paying close attention to the precious metal – Russia. According to Shae Russell, lead editor of Markets & Money, the country’s path to increasing its gold reserves is something that … Read more
https://www.youtube.com/watch?v=oZ2E04Eufcs Julian is not charged in the UK and is not accused of absconding or breach of bail. There is, however, an outstanding arrest warrant from 2012 that was associated with the Swedish extradition attempt. Sweden closed its investigation a year ago without charges so the UK arrest warrant serves no legitimate purpose but has … Read more
Futures still tanking in the after hours though….still trying to run more stops? h/t FS
Considering the recent seizure of Newsweek’s servers in connection with an investigation into their finances, one has to wonder if these firings have anything to do with information found on the servers. Not my favorite source, but here’s the Daily Beast article: Staffers who spoke to The Daily Beast on condition of anonymity pointed out … Read more
https://www.youtube.com/watch?v=9RwbMC65DUc Those short volatility are seeing the effective end of the world… The short VIX ETN of $XIV closed at $99.00, but in AH, its -81% in the $18s. Something seriously 'bad' has happened in AH. — #StockMarketCrash Dow Jones $VIX $SPX $TVIX $UVXY pic.twitter.com/T8FM9eKQN7 — Trading Sunset (@Trading_Sunset) February 5, 2018
When all is said and sold off, GE’s debt burden – much of it attributable to GE Capital – looks enormous versus the size of the remaining assets and cash flow. By Leonard Hyman and Bill Tilles: Three titans of invention dominated the dawn of the electric age: Thomas Edison, the founder of General Electric, … Read more
Following President Trump’s first SOTU, we asked students at John Jay College what they thought of some of his more controversial statements from the speech… What they didn’t know, was that these quotes were actually given by President Obama during his own SOTU addresses. Watch to find out their reaction.
There can be no question, at this point, that certain higher ups in the FBI and the DOJ did not want Hillary to be indicted and did not want Donald Trump to become President. Those efforts were not entirely independent of each other. Below is a timeline of events – abbreviated though it is – … Read more
From CNBC: One key event that crypto traders are watching next week from CNBC. Bitcoin fell below $8,000 for the third time in four days on Monday amid a broader sell-off in cryptocurrencies that has seen over $60 billion of valued erased from the market in 24 hours. The price of bitcoin traded as low as … Read more
GENEVA, Feb 5 – U.S. President Donald Trump’s tax reform could bring almost $2 trillion back to the United States as U.S. firms repatriate cash piles from foreign affiliates, a U.N. report said on Monday. Ending the incentive to hoard cash overseas could produce a stimulus effect in the United States, and Trump has credited … Read more
You’ll see the evidence in the following video. That’s very important because Michio Kaku said that once Fukushima Daiichi was permanently evacuated, it would mean the end of life as we know it. AC
BY SRSROCCO Unfortunately for crypto investors “HODLING” onto Ripple, their huge gains have been wiped out in just the past few weeks. While Ripple’s price surged to massive percentage gains in a short period, it came down just as fast. Unbelievably, Ripple’s price surged from less than a penny in March 2017 to a peak of … Read more
by Chris What a wild ride! Those failed rescues are gonna cost. Not as much as over pumping these “”markets”” in the first place, of course, that’s where all the trouble began. Since the market closed I’ve seen the futures gyrate wildly, up and down. But now settling a lot lower. Check out those numbers…there … Read more
Devin Nunes – 2/5/18 https://www.youtube.com/watch?v=JE6_WL6zuJc The left has been projecting for decades. If we were as violent and murderous criminals that they say we are, they wouldn’t be alive to make these claims h/t ED