Archive - Dec 16, 2015
Something Strange Is Taking Place In The Middle Of The Atlantic Ocean
Submitted by Tyler Durden on 12/16/2015 23:55 -0500In the latest sign that the world is simply running out of capacity when it comes to coping with an inexorable supply of commodities, three diesel tankers en route from the Gulf to Europe did something rather odd on Wednesday: they stopped, turned around in the middle of the ocean, and headed back the way they came.
Ecological Panic: The New Rationale For Globalist Cultism
Submitted by Tyler Durden on 12/16/2015 22:00 -0500If ecological panic is the primary trigger of collapse, war and industrialized death, the elites escape all blame. They are the ones, after all, trying to “save us” from ourselves by introducing carbon emissions controls, not to mention the idea of population controls. Global warming becomes a catch-all bogeyman, a Frankenstein monstrosity created by humanity and plaguing humanity. Those who deny the existence of global warming or who question the legitimacy of its high priests (climate scientists) are not exercising their right to skepticism; they are contributing to inevitable genocide. Therefore, climate denial would have to be punished by governments, as climate scientists have been publicly suggesting.
Caught On Tape: Chaotic Aftermath Of A Russian Strike On ISIS Oil Tankers
Submitted by Tyler Durden on 12/16/2015 21:51 -0500"Over several past weeks, the intensity of air strikes at Islamic State and other terrorist targets has been increased. Russian warplanes focus on exterminating terrorists’ income sources in Syria."
The Fed Hike Will Unleash A Monster Dollar Rally Goldman Predicts; Merrill Disagrees
Submitted by Tyler Durden on 12/16/2015 21:27 -0500The "long dollar" trade may be the most crowded ever but that doesn't mean there aren't disagreements where the greenback goes from here, especially after the Fed's historic first rate hike.
Search For Fabled Nazi Gold Train Is A Bust: "There May Be A Tunnel...But There Is No Train"
Submitted by Tyler Durden on 12/16/2015 21:00 -0500Several months ago a couple of amatuer explorers in Poland thought they had finally found the location of the fabled Nazi gold train (used to ferry away the Reich's ill-gotten gains) and the Polish government even sent military teams to start digging it up because it was believed to be hidden in secret railway tunnels some 30 feet underground. But as the New York Times reports, the hunt for the train may be a bust...
Congress Fumes As Experts Say Iran Violated UN Ban By Test-Firing Nuclear Capable Ballistic Missile
Submitted by Tyler Durden on 12/16/2015 20:35 -0500Iran's move to test-fire a new ballistic missile in October may not have violated the letter of the nuclear accord (on which the ink is barely dry), but UN experts say it does violate a Security Council resolution, a revelation which puts the Obama administration in an extremely awkward position just as Iran was poised to see economic sanctions lifted.
China Weakens Yuan For 9th Consecutive Day, Longest Streak Since 2008
Submitted by Tyler Durden on 12/16/2015 20:33 -0500In the first two weeks of August 2008 (just a month before Lehman imploded), as tensions built in US financial markets, China weakened the Yuan for 10 straight days. Tonight, China just extended its streak of weakening the Yuan fix to 9 days (for an aggregate 1.4% devaluation, the largest such drop outside of August's devaluation in history). This pushes the Yuan back to June 2011 levels.
A Majority Of Americans Oppose "Assault Weapons Ban" – Highest Number On Record
Submitted by Tyler Durden on 12/16/2015 20:10 -0500U.S. President Barack Obama is not just the world’s best gun salesman, he’s also the world’s worst gun control spokesperson.
In Dramatic Reversal, US Vice President Biden Calls On Turkey To Withdraw Its Troops From Iraq
Submitted by Tyler Durden on 12/16/2015 19:43 -0500"The Vice President reaffirmed the United States' commitment to Iraqi sovereignty and territorial integrity and called on Turkey to do the same by withdrawing any military forces from Iraqi territory that have not been authorized by the Iraqi government."
Asset Protection? Silver Has Held Its Value For 23 Centuries
Submitted by Tyler Durden on 12/16/2015 19:20 -0500How much do you think your paper currency will be worth 23 centuries from now? Or even 23 years? Or potentially even 23 months?
Why the Fed Is WRONG About Interest Rates
Submitted by George Washington on 12/16/2015 19:09 -0500Sigh ...
Meet The Foreign Criminals Using L.A. Real Estate To Launder Money & The Developers Who Help Them
Submitted by Tyler Durden on 12/16/2015 18:30 -0500While New York City and London are already well known as top destinations for shady, foreign-money laundering oligarchs who often attain untold riches by thieving from their own people, the Los Angeles area has likewise morphed into a criminal real estate hub.
Caption Contest: Kerry, Putin, Lavrov Staring Match Edition
Submitted by Tyler Durden on 12/16/2015 18:05 -0500Don't blink...
Fed Hikes Rates, Unleashing First Tightening Cycle In Over 11 Years
Submitted by Tyler Durden on 12/16/2015 18:00 -0500In the end, the Fed did not surprise, and raised interest rates for the first time in almost a decade in a widely telegraphed move while signaling that the pace of subsequent increases will be “gradual” and in line with previous projections. The Federal Open Market Committee unanimously voted to set the new target range for the federal funds rate at 0.25 percent to 0.5 percent, up from zero to 0.25 percent.




