Category Archives: Finance

– All things to do with money

How Monsanto & Bayer Are Trying To Take Over The Cannabis Industry

Responsible for genetically modified organisms (GMOs) and the pesticides that are sprayed on them, Monsanto is on the tips of everyone’s tongues lately…

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Facebook Exposed – “You” Are The Product

At the end of June, Mark Zuckerberg announced that Facebook had hit a new level: two billion monthly active users. That number, the company’s preferred ‘metric’ when measuring its own size, means two billion different people used Facebook in the preceding month…

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Are Grocery Chains About To Join The Retail-Bankruptcy Bloodbath?

Amazon officially assumed control of Whole Foods Market on Monday and by noon, channel checks at WFM stores revealed that its new tech overlords had already slashed prices by nearly 50%, sending bonds of its grocery-chain rivals reeling as grocers confronted a new dilemma: either slash prices to th..

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De-Dollarization Accelerates: China Readies Yuan-Priced Crude Oil Benchmark Backed By Gold

The world’s top oil importer, China, is preparing to launch a crude oil futures contract denominated in Chinese yuan and convertible into gold, potentially creating the most important Asian oil benchmark and allowing oil exporters to bypass U.S…

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You Have A Secret Bank Account, Use It: Anonymous

Take advantage while you can, but hurry before the elite delete the video from YouTube, warns Anonymous. You are a corporation , your birth certificate is a contract. You are traded like cattle. You are a slave…

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The Working Class Can’t Afford The American Dream

For millions of middle- and working-class Americans, the “American Dream” is all but dead…

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Harvey May Be “Costliest Natural Disaster In US History” With $190 Billion Price Tag

Tropical Storm Harvey made its second landfall near Cameron, La. on Wednesday after slamming Houston with a staggering 50 inches of rain, the largest rainfall ever recorded in the Continental US…

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Gold Flash-Crashes

After the shenanigans in US mega-tech stocks over the last two days and the seemingly well orchestrated melt-up to pre-J-Hole levels in the dollar, why should anyone be surprised that ‘someone’ decided to try to sell $1.1 billion notional into the Asian open…..

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Who Leads The Autonomous Driving Patent Race? (Spoiler Alert: Not Who You Think)

These days the broad consensus on the future of driving seems to be that the car of tomorrow will be (at least partly) autonomous…

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Princeton Finds That Bitcoin Transactions Are Definitely Not Anonymous

A team of Princeton researchers have discovered that every single Bitcoin transaction can be traced back directly to users, revealing their name, email address and even where they live…

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Wall Street Journal Lashes Out At “Our Political Central Bankers”

While the concept of ‘independence’ among the unelected central bank cognoscenti is as cute as the tooth fairy or santa claus, it is nevertheless defended by those on high as sacrosanct to our very democracy…

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One Trader’s “Ultimate Guide To Navigating The Equity Markets”

This is a market in which traders are, for lack of a better word, “confused” (another good word is “paralyzed” as we observed one month ago)…

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19 European Countries Now Have Negative Interest Rates

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Weird Things Are Happening With Gold

Last week featured two unusual stories on gold – one strange and the other truly weird. These stories explain why gold is not just money but is the most politicized form of money. They show that while politicians publicly disparage gold, they quietly pay close attention to it…

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The Great Outer Space Land Grab of the near Future: Conflicts over Space Rock Mining Rights

() Space has become a veritable goldmine of natural resources for many companies, yet can anyone lay claim to them? That’s the question legal experts claim will become relevant in the future as firm turn to the stars for precious metals and minerals, and it’s one that also needs to be answer..

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Sticker Shock: Small Hedge Funds Seen Ditching I-Banking Research Under MiFID

For the past several months we’ve discussed many theories about how the new MiFID II rules in Europe might drastically change the investment banking research business model…

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Hurricane Harvey Likely To Destroy More Cars Than Katrina: “This Is Bad; Real Bad”

Hurricane Harvey’s historic flooding in Texas is set to wreak havoc on the auto industry and its insurers with analysts now predicting the storm could damage more vehicles than Hurricane Katrina…

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Russia Declares “State Of War Now Exists” : Orders “Masterchain” Destruction Of America

World’s Largest English Language News Service with Over 500 Articles Updated Daily “The News You Need Today…For The World You’ll Live In Tomorrow…

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Keeping Up With The Cryptocurrencies – Goldman Answers Institutional Investors’ Questions, Targets Bitcoin $3915

Having ‘nailed’ the price action recently in Bitcoin (calling the recent pull back, extension beyiond $3,000, with a target of $3915), Goldman notes that it’s getting harder for institutional investors to ignore the rise of cryptocurrencies…

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It’s Can-Kicking Time Again In The Imperial City

You have to hand it to the Donald. He speaks his mind. This week he dropped an unwelcome stink bomb on Capitol Hill during his Phoenix rant Tuesday night. If Mexico won’t pay for my wall, he seemed to say, than Congress will—-even if I have to shutdown the Imperial City to extract the first $1…

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Paul Craig Roberts: “There Is A Conspiracy… And It’s Against The American People”

In the United States “conspiracy theory” is the name given to explanations that differ from those that serve the ruling oligarchy, the establishment or whatever we want to call those who set and control the agendas and the explanations that support the agendas…

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Burger King Russia Introduces The “Whoppercoin” – The Fast-Food Industry’s First Digital Currency

The company has reportedly issued one billion of the tokens using the Waves blockchain platform. According to Fortune, the coin was launched alongside a new loyalty program: For every Whopper purchased, customers will receive one Whoppercoin…

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Vietnam Plans To Legalize Bitcoin By 2018

Vietnam is on the cusp of joining a growing list of countries that have explicitly legalized bitcoin and other cryptocurrencies, according to local media outlets cited by CoinTelegraph…

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On The Coming Collapse Of China’s Ponzi Scheme Economy

Authored by Jake Van Der Kamp via The South China Morning Post, So much production in industries like steel is based on demand for more production, but should that demand falter, the whole system could come crashing down Friends who have a greater interest than I do in reading the tea leaves in Be..

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Ilargi Meijer: Jackson Hole’s Deluded Groupthink Confirms “A Gigantic Financial Crisis Is Coming”

The Jackson Hole gathering of central bankers and other economics big shots is over. They all still like themselves very much…

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