The Blood Bath Has Begun

Don’t forget, the Spanish Flu pandemic lasted from January 1918 to December 1920.  Facebook Twitter Pinterest Email Fear of the coronavirus is causing shutdowns on a global scale like we have never seen before.  Just about every major sporting event that you can think of has been either canceled or postponed, schools and universities are keeping students away,…

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Fear Of The Coronavirus Is Causing A Stock Market Apocalypse

This day is here– get ready, the virus WILL spreads throughout the US and Europe, governments will respond the same way China’s government has; martial law and full-blown concentration camp culture. This would lead to civil war in the US because we are armed and many people will shoot anyone trying to put us into…

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A Shift In The Global Financial Order Is Upon Us

The collapse in bond yields, exacerbated by the crash in oil prices, marks an end to the era of trust in central banks… OPEC+: A 24-Hour View Coronavirus. That will be the first and last time this column mentions that word. Despite the weekend’s many developments in the epidemic, there is a new issue to drive…

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What Happened To Gold’s Safe-Haven Bid?

The US stock market continued its freefall last Friday. The Dow lost another 357 points to finish off the worst week since 2008. One would expect a save-haven like gold to thrive in the midst of the massive stock selloff, but it had a bad day on Friday as well crashing through the $1,600 mark and plummeting…

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No Financing And No Demand: Chinese Refiners Run Into Trouble

International banks are suspending credit lines for some independent oil refiners worried about the growing risk of defaults across industries because of the coronavirus epidemic, Reuters reports, citing industry sources… According to the sources, at least three private refiners, or teapots, have had credit lines to the tune of $600 million suspended by banks including French…

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