U.S. Shale Braces For Brutal Earnings Season

A lot of big names will report third-quarter earnings this week, and the results are expected to be worse than the same period in 2018. The timing comes as the shale sector is facing somewhat of a reckoning. After years of price volatility – with more downs than ups – oil prices have failed to return…

Loading

Read More

One Of The World’s Largest Oil Companies Just Ditched The Dollar

The dollar is being intentionally killed, a one-world currency is now on the global oil markets… Russia’s largest oil company Rosneft has already completed the switch away from the U.S. dollar to euros in its export contracts to minimize risks from potential new U.S. sanctions, Rosneft’s chief executive Igor Sechin said on Thursday. Rosneft has already fully…

Loading

Read More

Peter Schiff: QE Is A Monetary Roach Motel

This Is Not a Printing Press! (Or Is It?) Rene Magritte’s 1929 painting “The Treachery of Images,” depicts a tobacco pipe with a caption that reads “Ceci n’est pas une pipe,” (French for “This is not a pipe”). Everyone who has taken a course in modern art knows that Magritte’s exercise in contradiction was meant to…

Loading

Read More

Investors Panic-Sell Saudi Stocks As Bear Market Erupts

Paul wants to steer Timothy away from that trap. In doing so, he tells him the real source of “great gain;” namely, godliness with true contentment (verse 6). Contentment, in a biblical sense, is the recognition that we come into the world with nothing and that everything we have is a gift from God’s hands…

Loading

Read More

Economists Puzzled By Surge In US Money Supply

Uncertainty incites a dash to cash, which we’ve seen at an accelerated pace beginning about five months ago, amounting to $887.4B; In the two weeks ended September 30th, MZM rose by $158.1B, a figure that has only been eclipsed in the immediate aftermath of 9/11 Declining inflation expectations have netted record levels of households expecting…

Loading

Read More

The Collapse of Wall Street Lunacy: Wework Company Founded by Delusional Hype Artist May Soon Have to File for Bankruptcy

Nine years ago, the founder of the WeWork Company promised to “elevate the world’s consciousness.”The delusional hype artist, Adam Neumann, has been abruptly terminated, as the company’s initial public offering continues to implode. The failure of this company is a microcosm of the disaster waiting to happen with Wall Street. With a successful IPO, WeWork would…

Loading

Read More

America is at War with Itself, No End to This Political Civil War in the Us

The polarization in American politics has become so extreme there seems no longer to be any center ground. The political establishment is consequently imploding into an abyss of its own making. President Trump is being driven into an impeachment process by Democrats and their media supporters who accuse him of being “unpatriotic” and a danger to national…

Loading

Read More