Gold And Silver Are Acting Like It’s 2008. They May Be Right…

Gold And Silver Are Acting Like It’s 2008. They May Be Right…

Authored by John Rubino via DollarCollapse.com, 2008 has special significance for gold bugs, both because of the money they lost in August of that year and the money they made in the half-decade that followed. Today’s world is beginning to feel eerily similar. Let’s start with a little background. The mid-2000s economy boomed in part [...]

Kolanovic: This Is What The Next Crisis Will Look Like

Kolanovic: This Is What The Next Crisis Will Look Like

As part of an extensive, cross-asset effort summarizing JPMorgan's views in a 168-page report issued to commemorate a decade of the Lehman failure, and titled appropriately "Ten Years After the Global Financial Crisis: A Changed World", JPMorgan head quant has published a section in which he lays out his thought on "What the next crisis will [...]

Watch Live: Jack Dorsey Explains Twitter’s (Non)Biases To House Committee

Update 2: Watch Jack Dorsey's solo testimony in front of the House Energy and Commerce Committee, where he will seek to address GOP lawmakers' allegations that Twitter targets conservative users and accounts - something President Trump has weighed in on in July: Twitter “SHADOW BANNING” prominent Republicans. Not good. We will look into this discriminatory and illegal [...]

DOJ: Social Media Companies May Be “Hurting competition, Stifling Exchange Of Ideas”

DOJ: Social Media Companies May Be “Hurting competition, Stifling Exchange Of Ideas”

The US Justice Department confirmed that it has expressed "growing concern" that social media companies are "hurting competition" and "intentionally stifling the exchange of ideas on their platforms." The comments came after Facebook COO Sheryl Sandberg and Twitter CEO Jack Dorsey testified to the Senate Intelligence Committee on Wednesday, as lawmakers investigate foreign influence campaigns [...]

The Bearish Case For Oil

The Bearish Case For Oil

Authored by Tim Daiss via Oilprice.com, A relatively new development in global oil markets has unfolded in recent months, one that has replaced another new development that also has the ability to also roil oil markets. Renewed concerns of a heightened trade war between Washington and Beijing are bringing more pressure on global oil markets [...]

“Don’t Touch Me Again!”: Alex Jones Taunts “Little Gangster Thug” Marco Rubio Outside Hearing

“Don’t Touch Me Again!”: Alex Jones Taunts “Little Gangster Thug” Marco Rubio Outside Hearing

Marco Rubio (R-FL) and Infowars host Alex Jones got into a verbal altercation outside the Senate Intelligence Committee hearing on Internet censorship, which Jones is currently attending.  The exchange, captured by The Gateway Pundit's Cassandra Fairbanks, begins with Jones condemning Silicon Valley tech giants for "shadow banning people en masse," to which Rubio deflects to [...]

Capex & Taxes; What The Corporate Sector Is Saying About The Economy (Spoiler Alert: Nothing Good)

Capex & Taxes; What The Corporate Sector Is Saying About The Economy (Spoiler Alert: Nothing Good)

Authored by Jeffrey Snider via Alhambra Investment Partners, Private US businesses are not building new facilities, or renovating old ones, at a rate that suggests the economy is doing well. Let alone booming. For more than two years now, the aggregate level of Private Non-residential Construction Spending has been flat. According to the Census Bureau [...]

“Absolutely Killed”: Trump Throws Flag At NFL And Nike For Lack Of Patriotism, Supporting Kaepernick

“Absolutely Killed”: Trump Throws Flag At NFL And Nike For Lack Of Patriotism, Supporting Kaepernick

President Trump has weighed in for a second time on the NFL's decision to support Nike's endorsement of Colin Kaepernick, tweeting on Wednesday: "Just like the NFL, whose ratings have gone WAY DOWN, Nike is getting absolutely killed with anger and boycotts. I wonder if they had any idea that it would be this way? As [...]

Futures, Cable Slump As Germany Denies Brexit Breakthrough

Futures, Cable Slump As Germany Denies Brexit Breakthrough

Update: Reuters reports that German government officials have denied the Bloomberg report, confirming that their position on Brexit has not changed. Cable has pared its gains... And futures slid... *  *  * As critical dates loom for the Brexit process, Bloomberg reports that the British and German governments have abandoned key Brexit demands, potentially easing [...]