WTI Holds Losses As US Distillates Stocks Reach 38-Year Highs
Oil prices are lower overnight after a surprisingly large crude inventory build reported by API. The energy complex was not helped by…
Banks Brace For A Historic Crash With Record Loss Provisions
For many years after the financial crisis, US commercial banks were mocked when instead of generating earnings the old-fashioned way,…
Another Iconic Deflationist Capitulates: According To Russell Napier, “Control Of Money Supply Has Permanently Left The Hands Of Central Bankers
One by one the world’s legendary deflationists are taking one look at the following chart of the global money supply…
Doug Casey On COVID Brainwashing: “Look, Hysteria Is The Problem; Not The Flu Itself”
Recently, gold bug and investor Doug Casey sat down with Kenneth Ameduri of Crush the Street. Casey jumped right in…
Rabobank: “Markets Are, Across The Board, Totally Divorced From Reality. Facts No Longer Matter”
Make It So! Back in the 1980s, there was a lot of discussion at my college about “post-modernism”. At that…
How Deutsche Bank Helped Con The Public Into Believing In Wirecard
By Tyler Durden More reporting on the Wirecard situation has emerged over the long weekend in the US, and none of it…
USDA Crop Report Shocker Sends Corn Futures Surging
Chicago corn futures surged 8% in the last two sessions after a massive reduction to the U.S. government’s acreage estimate reported Reuters. …
“Red Flags Galore”: Companies Sold A Mindblowing $113 Billion In Stock In Q2
When it comes to bearish market flow red flags, aggressive selling of stock by corporate insiders is traditionally viewed as…
US Bankruptcies Busting Out to Match 2009 Peak Mean Trouble for Stock Market
The following article by David Haggith was published on The Great Recession Blog: Bloomberg reported this week that thirteen US companies (in the…
Who Is The Next Wirecard?
Now that the multi-year saga of German fintech megafraud Wirecard is finally over, the pain is only just starting for…