In theworld’s deepest gold mine, workers will venture 2.5 miles (4 km) below the Earth’s surface to extract from a 30-inch (0.8m) wide vein of gold-rich ore. While these depths are impressive, mining is limited by the frailty of the human body. The world’s deepest oil well, known as Z-44 Chayvo, goes over 40,000 ft (12 km) into the ground – equal to 15 Burj Khalifas (the tallest skyscraper) stacked on top of each other
The "basic fundamental idea and claim is true," the 'political appointees' in the intelligence community knew exactly what they were surveilling for, Shaffer said, adding that the case is "much worse than Watergate by an order of magnitude."
"This is the moment in time where generic, over simplified advice, that sounds so good (and too good) shouted too an adoring crowd – should be taken as the siren, and clarion call to those who are diligent in preserving their wealth to buckle up, buckle down, and prepare in earnest."
Last week saw the largest drop in aggregate Treasury short positions since Brexit. Ironicaly, while bond bears felt the squeeze, traders piled into Eurodollar shorts (increased rate-hike bets) sending the short-end's positioning to record highs.
It appears the false narrative of the failed healthcare reform bill being somehow great news for stocks has been eviscerated in early Asia trading. The dollar has tumbled to its lowest since Nov 10th, Gold has ripped back above $1250, and S&P futures have plunged to 6 week lows.
"...researchers weave a narrative of “cumulative disadvantage” over a lifetime for white people ages 45 through 54, particularly those with low levels of education... Along with worsening job prospects over the past several decades, this group has seen their chances of a stable marriage and family decline, along with their overall health. To manage their despair about the gap between their hopes and what’s come of their lives, they’ve often turned to drugs, alcohol, and suicide."
"The problem with everyone leaning in one direction is that they scare easily. When realized volatility has been near all-time lows, trading strategies view assets as less risky, so they lever them up. What the models fail to capture is the speed with which volatility can return."
Treasury Secretary Steven Mnuchin said Friday that he wasn't worried about artificial intelligence taking over American jobs. However, on the same day, a new report by PwC showed that more than a third of U.S. jobs could be at "high risk" of automation by the early 2030s, a percentage that’s greater than in Britain, Germany and Japan.
The allegation – now accepted as incontrovertible fact by the “mainstream” media – that the Russian intelligence services hacked the Democratic National Committee (and John Podesta’s emails) in an effort to help Donald Trump get elected recently suffered a blow from which it may not recover.
"What worries us most is the government is misinterpreting the November victory as a big mandate, which leads to policy overreach and massive pushback by the population resulting in social instability. "
“You boys were always gonna face this moment,” barked Biggie, sliding into a slow groove."But here’s the thing brotha. The market doesn’t care about health care - you know that. Poor people care about health care. And the market doesn’t care about poor people. No one cares about poor people.” Biggie nodded, smiled, a big golden smile.
Roughly two thousand Trump supporters showed up in Huntington Beach, California yesterday to show their continued support for President Trump in the wake of what was unarguably a really bad week for his nascent administration. Of course, it didn't take long for the opposition snowflakes to show up to provoke fights in hopes to progress the narrative that Trump supporters are just a bunch of hateful racists.
In a day of anti-corruption protests across Russia, thousands of people crowded into Moscow's Pushkin Square on Sunday for an unsanctioned protest against the Russian government, part of a wave of demonstrations taking place throughout the country. For the Moscow demonstration, around 8,000 people took to the streets according to police.