• GoldCore
    01/13/2016 - 12:23
    John Hathaway, respected authority on the gold market and senior portfolio manager with Tocqueville Asset Management has written an excellent research paper on the fundamentals driving...
  • EconMatters
    01/13/2016 - 14:32
    After all, in yesterday’s oil trading there were over 600,000 contracts trading hands on the Globex exchange Tuesday with over 1 million in estimated total volume at settlement.

NBC

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Greek Island Runs Out Of Burial Ground Amid Flood Of Dead Refugees





"Yesterday we held five funerals, but there are still 55 bodies at the morgue," exclaims Lesbos' mayor Spyros Galinos, adding "Who could have anticipated such a carnage in the Aegean?"

 
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New Poll Shows Carson Overtaking Trump In National Poll





The mainstream media is cock-a-hoop after CNBC-parent NBC and Rupert Murdoch-owned Wall Street Journal reveal a new national poll that shows notjust Trump being beaten in 2nd place by Ben Carson (who is currently on a book tour) but also shows Marco Rubio surging (from 4% to 11%) if one wanted to spin it that way. Softly-spoken Carson, with 29% of the GOP primary voters polled, is ahead of Trump (23%) for the first time in the campaign, tripling his support since July (and as WSJ reports is the first Republican to top 50% when voters 2nd and 3rd choice are combined). On the other side of the scale, Bush's support is collapsing as Cruz and Rubio accelerate.

 
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Frontrunning: November 3





  • S&P 500 Futures Slip as Aussie Gains on Rate Outlook; Oil Rises (BBG)
  • Xi Says China Needs at Least 6.5% Growth in Next Five Years (BBG)
  • Ben Carson Vaults to Lead in Latest Journal/NBC Poll (WSJ)
  • World's Biggest Banks Still Not `Truly Resolvable,' FSB Says (BBG)
  • Keystone XL's builder faced darkening prospects (Reuters)
  • Merkel Says Germany Must Step Up World Role in Refugee Crisis (BBG)
 
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Infrared Satellite Reveals Heat Flash At Time Of Russian Airplane Disaster





"U.S. intelligence analysts believe it could have been some kind of explosion on the aircraft itself, either a fuel tank or a bomb."

 
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Obama To Openly Welcome Criminals As Government Workers





President Obama has just unleashed a new executive order to remove admission of a criminal history from job applications, or in The White House's words, to reduce potential discrimination against former convicts in the hiring process for federal government employees. As NBC News reports, this is a further step towards what many criminal justice reformers call "ban the box" – the effort to eliminate requirements that job applicants check a box on their applications if they have a criminal record - and continues Obama’s emphasis on assisting criminals who want to re-enter society as part of his continuing agenda items from his "My Brother’s Keeper Task Force."

 
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Caught On Tape: Uber Driver Mauled By Drunk Passenger





"I have lost so much money on people like him and I'm done dealing with it. They take the food right out of my mouth," exclaims Uber-driver Edward Caban after being assaulted by a passenger, "I don't feel safe driving for Uber any more... The quality of the passengers has gone down over the last couple of weeks and I know a lot of drivers will agree with me."

 

 
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Iraq Turns On America: “Iraqi People Have Started To Feel That The US Isn't Serious About Fighting ISIS"





"Russia and Iran have very similar objectives in that they both want to eject U.S. influence from Iraq. Any success that the militias have bolsters that goal."

 
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Republicans Declare War On CNBC: Suspend NBC Relationship Over CNBC's "Downright Offensive" Questions





Nearly a year after CNBC said it would no longer rely on Nielsen to measure its daytime audience (due to the collapse in viewership we had previously profiled), it has managed to do it again, only this time slamming not the financial cheerleading cable network but its Comcast affiliate, NBC News, whom its just cost hundreds of millions in advertising revenues after moments ago Republican National Committee Chairman Reince Preibus announced he was suspending the partnership with NBC News for the Republican primary debate at the University of Houston on February 26, 2016.

 
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Iraq To Washington: "We Don't Need Your Help Fighting Terrorism"





Don't call us, we'll call you: "This is an Iraqi affair and the government did not ask the U.S. Department of Defense to be involved in direct operations. We have enough soldiers on the ground."

 
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Record Swarm Of California Earthquakes Continues A Series Of Unusual Events That Began In Late September





First it was wildfires, then it was unprecedented flooding, and now it is earthquakes.  In the past two weeks alone, more than 400 earthquakes have shaken San Ramon – a small city that sits approximately 45 miles east of San Francisco.  Never before have so many earthquakes been recorded in that area in such a short span of time

 
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The GOP's Nightmare Is Coming True: With Jeb Out Of Cash, Insiders Say Trump Nomination Almost Certain





“I think he's now mounting a serious campaign,” a South Carolina Republican said. “His stump speech had matured and even though the novelty of his candidacy is wearing off, his straight talk is appealing to people who are so sick of being lied to by the political class.”

 
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Competitor Offers Equivalent To Turing's Scandalous $750 Pill For Just $1





Having become an overnight social and industry outcast, at least Turing Pharma's Martin Shkreli had one thing going for him: a business model that afforded him solid margins, because despite promising to cut the price of the scandalous Daraprim, Turing did not do that. Now, however, even that may be in jeopardy following news that San Diego-based specialty drug maker Imprimis Pharmaceuticals, says it can make a close, customized version of Daraprim for a paltry $1 a pill, NBC reports. That's a big contrast to the $750-a-dose that Shkreli said Turing was going to start charging for the same drug. 

 
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Trump Extends Lead Over Jeb & The GOP Field, But Carson Looms





The Donald, crushing the hopes of the status quo, has extended his lead among GOP Primary voters with 25% of the support (up from 21% in September). However, the latest WSJ/NBC poll finds Ben Carson coming on strong with 22% support. Aside from Rubio (13%, up from 11%), and Jeb hovering at 8%, this leaves "the rest" of the crowd lagging horribly with Chris Christie, Rand Paul, Mike Huckabee, and John Kasich looking to go the way of 'the Walker'.

 
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