November 27th, 2015

Tyler Durden's picture

Turkey Arrests Journalists Who Exposed Erdogan's Weapons Smuggling To Extremist Syrian Rebels

Banana Republic 101: when the despotic president of a corrupt regime is faced with facts exposing his lllegal activity, what does he do? He arrests and journalists who discovered said facts, and demands they spend the rest of their lives behind bars. Welcome to Turkey.


Tyler Durden's picture

Juncker Warns Euro Is Doomed, "Pointless" If Schengen Fails

As Europe's democratically elected leaders (and the people they represent) grow increasingly wary of the tsunami of refugees flooding their nations, prompting calls for restrictions on visa-free travel and an end to the so-called Schengen agreement, unelected EU leaders, clinging to their centralized power, are increasingly warning of the consequences of any restrictions. As EUObserver reports, EU Commission president Jean-Claude Juncker warned that the euro is pointless if people can't move around freely to use it.


Tyler Durden's picture

Will Low Oil Prices Increase Internal Instability In Conflict Countries?

With over 1.6 million internally displaced in South Sudan, and another 600,000 refugees in neighboring countries, are oil price declines exacerbating humanitarian crises in oil-producing African countries, and can we expect further deterioration as a result of the recent price depression?


Reggie Middleton's picture

The FDIC Reiterates and Corroborates My "F@ck the Fundamentals" Message fron the Fed

Risk goes up, yeilds go down... What's that look for? Don't you know how bond pricing works in the new millenium?


Tyler Durden's picture

Gold Plunges Below "Crucial Level", Lowest Since Oct 2009 On $2 Billion Notional Flush

With the world closest to World War 3 since the cold war era and Russia about to unleash escalating sanctions of Turkey, it makes perfect sense that 'investors' would want to purge themselves of precious metals. Someone decided that Friday after Thanksgiving would be the perfect time to dump over 18,000 contracts (around $1.9 billion notional) sending the price of gold futures to their lowest since Oct 2010, below what Goldman called a "crucial level."


Tyler Durden's picture

KaleBios 'Black Friday' Begins As Shrekli Forces 65% Short-Squeeze Surge In Pre-Market

Having announced in two brief tweets on Thanksgiving - just as we warned was very possible - that he would pull his shares from being available-to-lend, Martin Shrekli has sent the meteoric Volkswagen-like trajectory of KaleBios vertical once again. With short-interest having surged to 49% (from 5.6%), the yanking of his loanable shares has sent KBIO up 65% in the pre-market, back above $45 (from just 45c 10 days ago).


Tyler Durden's picture

China Unleashes Perfect Storm Of Bad News Prompting Stock Market Plunge

From witch hunts to corporate defaults to abysmal data, Friday marked a rather unceremonious end to the week for China, as a veritable perfect storm of bad news sent the SHCOMP reeling. Unfortunately for China's day trading masses the plunge protection team was, like Guotai Junan International Holdings’ CEO Yim Fung, "missing" in action.


Tyler Durden's picture

Frontrunning: November 27

  • Russia Takes Aim at Turkish Economy Amid Fighter-Jet Spat (WSJ)
  • ‘Commercial scale’ oil smuggling into Turkey becomes priority target of anti-ISIS strikes (RT)
  • Russia-Turkey Ties Are Headed Into a Deep Freeze (WSJ)
  • France signals softer stance on Assad after Russia talks (FT)
  • China Calm Shattered as Brokerage Probe Sparks Selloff in Stocks (BBG)
  • China Stock Bulls Hit Breaking Point as State Dials Back Support (BBG)
  • China's Bond Stresses Mount as Two More Companies Flag Concerns (BBG)

Tyler Durden's picture

China Plunges Most In Three Months, Pushing "Black Friday" Into The Red For Global Stocks

After several months of artificial, centrally-planned calm in Chinese markets, where "malicious sellers" found out the hard way the Politburo means business, overnight the relative quiet in Chinese stocks since August broke with a bang when the Shanghai Composite tumbled as much 6.1% before closing down 5.5%, the biggest drop in three months and the largest weekly loss since the depth of the Chinese rout in mid-August while a gauge of Chinese volatility surged from the lowest level since March.


Sprott Money's picture

Winning, but Losing, at the Penny-Pitch: A Look at the Coming Collapse of the European Union

When I was a boy, a carnival would come through town annually, with a Ferris wheel, a merry-go-round and, of course, a midway


November 26th

Tyler Durden's picture

Government Historians Admit Statue Of Liberty Was Originally A Muslim Woman

This is likely to be a little tough to swallow for some Americans but The Statue of Liberty - symbolically welcoming the world's tired, poor, and huddled masses - was originally conceived as a Muslim peasant woman.


Tyler Durden's picture

Caught On Tape: China Builds A Bridge In Just 43 Hours

When you have a billion people willing to work instead of expecting free "stuff", anything's possible... Earlier this year, a Chinese construction company had erected a 57-story skyscraper in just 19 days. This time the Chinese have built an overpass in mere 43 hours!


Tyler Durden's picture

Meet The Man Who Funds ISIS: Bilal Erdogan, The Son Of Turkey's President

While we patiently dig to find who the on and offshore "commodity trading" middleman are, who cart away ISIS oil to European and other international markets in exchange for hundreds of millions of dollars, one name keeps popping up as the primary culprit of regional demand for the Islamic State's "terrorist oil" - that of Turkish president Recep Erdogan's son: Bilal Erdogan.

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