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Latest Articles: World News
Gold Market Roiled As Mystery Buyer Waves In 300 Tonnes
Post Date: 2022-11-03 20:05:49 by Horse
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As The Fed has tightened monetary policy at its most aggressive pace in over 40 years, real rates in the US have soared (back into strong positive territory). Historically, that has reduced demand for gold (zero carry) but as the chart below, gold - while notably off its highs - has not cratered as much as some might have expected... “With that weight of selling, I was a bit surprised gold wasn’t weaker,” said Ross Norman, chief executive officer of Metals Daily, an information portal focusing on precious metals. But, thanks to a normally dry research report from The World Gold Council, perhaps we know why gold has not fallen as much... First, as we noted recently, ...
No Pain, No Grain: Putin’s Black Sea Comeback
Post Date: 2022-11-03 08:58:44 by Ada
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So, Turkish President Recep Tayyip Erdogan picks up the phone and calls his Russian counterpart Vladimir Putin: let’s talk about the “grain deal.” Putin, cool, calm and collected, explains the facts to the Sultan: First, the reason why Russia withdrew from the export grain deal. Second, how Moscow seeks a serious investigation into the – terrorist – attack on the Black Sea fleet, which for all practical purposes seems to have violated the deal. And third, how Kiev must guarantee it will uphold the deal, brokered by Turkey and the UN. Only then would Russia consider coming back to the table. And then – today, 2 November – the coup de theatre: ...
The Next OPEC-Like Cartel Could Be In Battery Metals
Post Date: 2022-11-03 07:40:48 by Horse
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“Indonesia is studying the possibility to form a similar governance structure with regard to the minerals we have, including nickel, cobalt and manganese,” Poster Comment:Russia, Iran and Qatar want to form an OPEC for natural gas.
Did Julian Assange's lawyers just EXPOSE this CIA scheme? Redacted
Post Date: 2022-11-03 02:00:05 by Horse
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Huge Problem: Pension Funds Hold About Two Thirds Of This Garbage
Post Date: 2022-11-03 01:14:52 by Horse
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by Capitalist Exploits “GILTY” AS CHARGED I had written the below late last week. And then today, I was going to have to delete it. That is how fast things are moving. UK Gilts, which are the very belly of the parasites funding lines over on that murky island are now in deep isht. It’s almost like shutting down the entire economy for the flu may impact GDP growth and hence serviceability of the debt burden. That was true before interest costs went up. And now they have. A LOT. Something’s gonna break here and the UK government are going to need a bailout. This will at this stage have been organised – for sure. The only thing to deal with now is ...
Revealed! Here's Why Poland Wants the K239 Chunmoo Self Propelled MLRS from South Korea
Post Date: 2022-11-02 19:49:33 by Horse
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Poster Comment:This is far superior to HIMARS. Why don't we buy it?
Russia Intends to Use Military Base in Cuba in Response to NATO Nuclear Exercises
Post Date: 2022-11-02 19:32:29 by Horse
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Oil Spikes After Pentagon Predicts Iran Attack On Saudi Arabia Likely In "48 Hours", Iran Denies
Post Date: 2022-11-02 19:21:20 by Horse
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However, US embassies in the region have yet to issue alerts to American citizens... Poster Comment:More Hype from US.
White House Deletes Absurd Tweet After CNN, Twitter Slap With Fact Checks
Post Date: 2022-11-02 19:15:49 by Horse
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Update (1505ET): "Welcome to Elon Musk's Twitter." The system is working 🤣 — Elon Musk (@elonmusk) November 2, 2022 Update (1245ET): Aaaand, it's gone... WOAH - The White House *deleted* its tweet after Twitter placed a fact-check disclaimer on it. pic.twitter.com/1XJKnjRG5V — Joseph A. Wulfsohn (@JosephWulfsohn) November 2, 2022 * * * The Biden Administration's latest attempt to rebrand terrible economic news as good news was so blatant that even CNN's fact-checker Daniel Dale called them out. In a Tuesday tweet, the White House claimed that "Seniors are getting the biggest increase in their Social Security checks in 10 years ...
Food for Thought
Post Date: 2022-11-02 10:02:54 by Horse
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"The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’ becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine," -- Paul Krugman
Food for Thought
Post Date: 2022-11-02 09:55:46 by Horse
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"The problem we face today is that the people who work for a living are outnumbered by those who vote for a living." -- George Bernard Shaw (1856- 1950)
Ukraine Civilians Wait In Long Lines For Fresh Water As Infrastructure Destroyed
Post Date: 2022-11-02 09:50:15 by Horse
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The lack of access to utilities changes the dynamics of the war drastically...
What's Throwing The US Diesel Market Out Of Whack: A Primer
Post Date: 2022-11-02 09:48:13 by Horse
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By Housley Carr of RBN Energy The U.S. market for distillates has been crazy the past few months — especially in PADD 1 — and given all that’s going on, it’s likely to stay that way for months to come. Inventories of ultra-low-sulfur diesel, heating oil and other distillates are at their lowest levels for this time of year since before the EIA started tracking them 40 years ago and diesel prices are in the stratosphere, all despite diesel crack spreads being in record-high territory — a strong incentive for refineries to churn out more distillate. In today’s RBN blog, we discuss the many factors affecting distillate supply, demand, inventories and prices and ...
Ukraine Grain Shipments Resume As Russia Rejoins Deal, Wheat Futures Tumble
Post Date: 2022-11-02 09:44:13 by Horse
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Putin demanded "real guarantees" over security of humanitarian corridor...
The Ever Widening War
Post Date: 2022-11-02 09:15:25 by Ada
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American soldiers are now in Ukraine. Allegedly, they are there only to monitor what is happening to the arms deliveries from the US and NATO countries. As previously reported, not all of the vast amount of heavy weapons sent by the West end up on the battlefield. Instead, some find their way into the weapons market where they are sold to who for who’s profit? The same with the money, much of which ends up in unintended pockets. The US State Department’s explanation is that the US troops are in Ukraine, not to fight, but to “assist the government of Ukraine with handling US security assistance.” In other words, to identify and stop the theft of resources meant for ...
A Crippling Shortage Of Diesel Fuel Threatens To Devastate Western Economies In 2023
Post Date: 2022-11-02 08:20:15 by DWornock
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A Crippling Shortage Of Diesel Fuel Threatens To Devastate Western Economies In 2023 October 30, 2022 by Michael In my entire lifetime, global supplies of diesel fuel have never been tighter than they are right now. And that is really bad news, because the entire economy of the western world runs on diesel. If we suddenly had no more diesel fuel, virtually all of our trains, trucks and ships would stop running. Needless to say, just about everything that stocks our store shelves comes to us via trains, trucks and ships. So the fact that there is not enough diesel fuel to go around is a really big deal. Supplies have been declining for months, and at this point diesel inventories have ...
"It's Already Happening" - Roubini Warns "World War III Has Effectively Begun"
Post Date: 2022-11-01 23:55:54 by Horse
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Economist Nouriel Roubini, who's been dubbed 'Dr. Doom' for his gloomy-yet-correct prediction of the 2008 market meltdown, is making headlines again during a series of interviews promoting his new book "Megathreats". "We have to worry about everything at the same time, as all these megathreats are interconnected..." When asked if we're "there again" in reference to the 2008 great financial crisis, Roubini replied: "Yes, we’re here again." "But in addition to the economic, monetary, and financial risks - and there are new ones - now we’re going towards stagflation like we’ve never seen since the 1970s." ...
STREET SHOOTINGS STARTED IN UKRAINIAN CAPITAL AMID BLACKOUT
Post Date: 2022-11-01 18:20:23 by Horse
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Active shootings are reported in the Ukrainian capital of Kiev, which has been plunged into darkness as a result of Russian strikes on energy infrastructure. Since February 2022, various gangs became active in Kiev, some robbing residents, some banks and stores. The previous peak of criminal gang activity was in March-April 2022. At that time, the Russian military was near Kiev, causing panic among some citizens and hope for looting amidst the chaos for others. Today, the story seems to be repeated. The situation is aggravated by the impoverishment of the population, a sense of hopelessness, and the expectation of freezing weather in a de-energized city.
Saudi Arabia, US On High Alert After Warning Of Imminent Iranian Attack; US Prepared To Respond
Post Date: 2022-11-01 17:36:22 by Horse
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Saudi Arabia has shared intelligence with the U.S. warning of an imminent attack from Iran on targets in the kingdom, putting the American military and others in the Middle East on an elevated alert level. Poster Comment:Gibberish. Saudi Arabia and Iran are both joining BRICS. Maybe the US has intelligence of Iran being upgraded to S-400 and they want a war before election day and before the upgrade is complete.
Food for Thought
Post Date: 2022-11-01 09:46:55 by Horse
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"The tyrant, who in order to hold his power, suppresses every superiority, does away with good men, forbids education and light, controls every movement of the citizens and, keeping them under a perpetual servitude, wants them to grow accustomed to baseness and cowardice, has his spies everywhere to listen to what is said in the meetings, and spreads dissension and calumny among the citizens and impoverishes them, is obliged to make war in order to keep his subjects occupied and impose on them permanent need of a chief." -- Aristotle
Comeback Kid Lula in the Eye of a Volcano
Post Date: 2022-11-01 08:39:11 by Ada
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Lula wins but his room for maneuver will be limited by powerful forces aligned against his Global South agenda Luis Ignacio “Lula” da Silva may be the ultimate 21st century political comeback kid. At 77, fit and sharp, leading an alliance of 10 political parties, he has just been elected as Brazilian president for what will be a de facto third term after his first two from 2003 to 2010. Lula even staged a comeback-inside-a-comeback, during the extremely fast and tight electronic vote counting, reaching 50.9% against 49.1% to the incumbent, extreme right President Jair Bolsonaro, representing a difference of only two million votes in a country of 215 million people. Lula’s ...
“No One Can Sit Out The Coming Storm”
Post Date: 2022-11-01 08:23:07 by Ada
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Putin says “no one can sit out the coming storm,” but he himself is doing a good job of it. www.rt.com/russia/565476-putin-valdai- club-takeaways/ Putin’s “milestone Valdai speech” is another good speech, correct in its message, and like his others will lead to no action. Donetsk, a Russian city, has been repeatedly attacked by Ukraine using US/Nato supplied weapons. But until today’s missile strikes on water and electricity in Kiev Putin continued to protect Kiev (and its Western suppliers) from retaliation. Indeed, Putin is still trying to negotiate the war with Zelensky and with Biden and to provide his Nato enemies with oil so they can continue their ...
(1/3) What Is Causing The Chaos Phase On Our Planet
Post Date: 2022-11-01 07:15:40 by Horse
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Poster Comment:STARTING AT 13 MINUTES HE TALKS ABOUT THE COMBINATION OF THAT ERUPTION OF A VOLCANO IN INDONESIA COMBINING WITH PARTICULATES BEING SEEDED INTO CLOUDS WILL COMBINE TO ELIMINATE FOOD NEXT SUMMER. THAT ERUPTION BLASTED VOLCANIC ASH 52 MILES INTO THE ATMOSPHERE.
Gonzalo Lira: Inflation As A Prelude To War
Post Date: 2022-10-31 17:25:03 by Horse
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Poster Comment:Europe is close to hyperinflation as Europe prints euros to help voters heat their homes and buy petrol. But if you have no energy, then prices will just spike even higher. He thinks eurozone inflation is closer to 20%. Shadowstats has the US closer to 18%.
Ukraine power boss says supplies have run out
Post Date: 2022-10-31 17:19:33 by Horse
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Utility company DTEK says it has run out of parts to repair damage inflicted by Russian strikes Ukraine’s largest private power utility, DTEK Holding, said on Monday that it had run out of equipment needed to repair damage inflicted by Russian attacks. The latest round of missile strikes caused partial blackouts in Kiev and several other cities. “Unfortunately, we have already used up the stock of equipment we had in warehouses after the first two waves of enemy attacks that have been taking place since October 10,” DTEK executive director Dmitry Sakharuk told Ukrainian media. Sakharuk added that DTEK has been able to buy some replacement parts at a cost of “hundreds ...
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