Enron

Interview With Jim Bianco: "The Elite Opinion Does Not Count Anymore"

"The fundamental underpinnings of the long term bull market are at risk... interest rates have gotten way ahead of themselves... The market is banking on the idea that the Trump presidency is going to be a giant reflation trade... We will see if that’s what they get..."

Blackouts Loom With California In Power Grid Emergency: "All Customers Should Expect 14 Days Without Power"

All customers, including homes, hospitals, oil refineries and airports are at risk of losing power at some point this summer because a majority of electric generating stations in California use gas as their primary fuel. In April, millions of electric customers in Southern California were warned they could suffer power outages on up to 14 days this summer due to the closure.

"It's 2000 All Over Again!"

Mark Yusko pours cold water on whatever bullishly warm feelings the most optimistic folks may have clung to, warning "it's year 2000 all over again." Here are four major parallels he pointed out that make it clear we are heading for another ugly recession—or are already in one without realizing it.

Hillary's Other $225,000 Speech - Paid By Law Firm Suing Trump University

Donald Trump has undoubtedly made the class action lawsuit against Trump University a campaign issue. But when it comes to politics, Robbins Geller Rudman & Dowd, the law firm behind the class action lawsuit, is not exactly neutral either, having paid the Clintons a total of $675,000 in fees for speeches since 2009. Hillary Clinton gave a $225,000 speech at the law firm as recently as September 4, 2014. Court records indicate 9 attorneys from Robbins Geller are listed as representing Art Cohen and the other former Trump University students in the class action lawsuit (there are three attorneys from another law firm as well). A review of the case’s docket reveals that the Robbins Geller attorneys have aggressively pursued the lawsuit, pushed for Trump to testify and for the trial to begin before the November 2016 election.

CEO Of Asia's Largest Commodity Trader Unexpectedly Resigns

We have tracked the problems of recently junked Noble Group - Asia's largest commodity trader - extensively over the past year. Then, moments ago things finally turned serious for the company, announced moments ago on the Singapore stock exchange, not only is CEO Alireza resigning, to be replaced by William Randall and Jeff Frase as co-CEOs, but the company will also begin the sale process of its Noble Americas Energy Solutions, one of its star assets, in a deal that will generate "significant cash proceeds", which is the best confirmation just how desperate for cash the company truly is.

Cycles, Bounces, & The Only Question That Matters

Unfortunately, when central-planners "drag forward" future consumption today, you leave a "void" in the future that must be filled. That future "void" continues to expand each time activity is dragged forward until, inevitably, it can not be filled. This is currently being witnessed in the overall data trends as seen in the deterioration in corporate earnings and revenues. The only question is whether Central Banks can continue to support asset prices long enough for the economic cycle to catch up. Historically, such is a feat that has never been accomplished.

"Why We Need To Beat Russia"

Only Gold has the history, depth, unique qualities, loyalty of the elite and transitional power to challenge any man, any nation, any system on earth, past, present and future. The Dynasties understand this, because they have both witnessed and authored this axiom across generations of asset accumulation. As the sand peters past the last curve of the hour glass the Dynastic hand is clear to see. So the Neo-cons need to beat Russia, and soon, as only Globalism can keep the markets enchained.