by Stefan Stanford, All News Pipeline:
‘Demon’-etization is the act of stripping a currency unit of its status as legal tender. It occurs whenever there is a change of national currency: The current form or forms of money is pulled from circulation and retired, often to be replaced with new notes or coins.
by Brandon Smith, Alt Market:
As a part of the increasingly obvious set-up of conservative movements by international banking interests and globalist think-tanks, I have noticed an expanding disinformation campaign which appears to be designed to wash the Federal Reserve of culpability for the crash of 2008 that has continued to fester to […]
from Antonius Aquinas:
Nestle USA has announced that it will move its headquarters from Glendale, California, to Rosslyn, Virginia, taking with it about 1200 jobs. The once Golden State has lost some 1600 businesses since 2008 and a net outflow of a million of mostly middle-class people from the state from 2004 to […]
by Steve St. Angelo, SRSRocco Report:
According to Continental Resources website, it labels itself as America’s oil champion. To be a champion, one is supposed to be winner. Unfortunately for Continental, it’s taking a serious beating and is a perfect example of what is horribly wrong with the U.S. Shale Oil Industry.
During the […]
by Gary Christenson, Sprott Money:
Steve St. Angelo wrote an insightful article relating the silver to gold ratio to the S&P 500 Index. I encourage you to read his articles and analysis.
My commentary on the silver to gold ratio:
The following graph shows the SI/GC ratio versus the S&P500 index beginning in August […]
by Wolf Richter, Wolf Street:
“Flat sales” are now a “welcome change.” The New Normal.
National restaurant data and anecdotal evidence has been piling up. “T Vogel,” a commenter on WOLF STREET, put it this way:
My wife and I make almost 30k more than the median family income in my town (northern CA) […]
Peter Grandich, “The former Wall St. whiz kid,” returned to tell us why he thinks the U.S. equity markets are in their terminal “melt up” stage.
by Pam Martens and Russ Martens, Wall Street On Parade:
President Trump’s nominee to head the Securities and Exchange Commission, Walter J. (Jay) Clayton, a law partner at Sullivan & Cromwell, has represented 8 of the 10 largest Wall Street banks as recently as within the last three years.
Clayton’s current resume at […]
by Simon Black, Sovereign Man:
I’ve written before a number of times about the long laundry list of reasons why I base myself and most of my business operations in Chile.
I could go on forever about this, but in short the country presents an exceptional mix of business, investment, and lifestyle opportunities that are […]