• 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.

New York Times

Tyler Durden's picture

Belgium Warns Of "Imminent" Terror Threat In Brussels: "Avoid Crowded Areas"





"Avoid places with high concentrations of people in the Brussels region (concerts, major events, train stations and airports, public transport, places of high commercial concentration). Facilitate follow the safety controls Do not post rumors: follow the official information from the authorities and police services In order to enable judicial inquiries to track their progress, no further details will be given."

 
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Saudi Arabia Is An ISIS That "Made It": "The West Wages War On One, And Shakes Hands With The Other"





"Daesh has a mother: the invasion of Iraq. But it also has a father: Saudi Arabia and its religious-industrial complex. Until that point is understood, battles may be won, but the war will be lost. Jihadists will be killed, only to be reborn again in future generations and raised on the same books. The attacks in Paris have exposed this contradiction again, but as happened after 9/11, it risks being erased from our analyses and our consciences."

 
George Washington's picture

5 Myths Regarding the Paris Terror Attacks





Instead of Listening to Idiots Talking Their Book ... Let's Fact-Check the Myths

 
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Over Half Of New Yorkers Struggle To Make Ends Meet As "Tale Of Two Cities" Deepens





Despite two years of liberal redistribution from Mayor de Blasio, the majority of New Yorkers continue to struggle to make ends meet mirroring his 2013 "tale of two cities" campaign theme. The NYTimes poll finds that only 20% are living comfortably while 51% are just getting by or finding it difficult to manage, and shows even greater disparities in quality of life across the city’s five boroughs.

 
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The House Just Passed A Bill To 'Pause' The Syrian Refugee Program, Obama Will Veto





With 53% of Americans opposed to opening the nation’s borders to those fleeing the war-torn Middle Eastern nation, it is perhaps no surprise that The House just voted overwhelmingly to slap stringent - and difficult to implement - new screening procedures on refugees from Syria seeking resettlement. While 47 Democrats defied President Obama's; due to absences, the vote did not quite nullify the threat of veto, without which the bill would  effectively suspend the entry of refugees into the US for months or years.

 
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Paris Attack "Mastermind" Killed In Police Raid





"Paris prosecutor says Abaaoud was been identified dead at the scene by his fingerprints. His body was found "riddled with impacts."

 
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SEC Goes Unicorn Hunting: Regulator To Scrutinize How Funds Value Tech Startups





"...the only thing worse than a market with collapsing valuations is a market with no valuations and no liquidity. If stock in a company is worth what somebody will pay for it, what is the stock of a company worth when there is no place to sell it?"

 
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In Baltimore, Race Is The Deciding Factor In Mortgage Lending





"If lenders are not making loans in a community, the opportunities for people to work their way out of poverty is pretty slim. In Baltimore, the prevailing factor behind who gets a mortgage is the racial composition of the neighborhood."

 
Tyler Durden's picture

Ted Cruz Prepares Refugee-Rejection Bill, Slams Obama's Plan As "Nothing Short Of Lunacy"





"There is no meaningful risk of Christians committing acts of terror. If there were a group of radical Christians pledging to murder anyone who had a different religious view than they, we would have a different national security situation."

 
Tyler Durden's picture

The Saudis Are Stumbling (And They May Take The Middle-East Down With Them)





America’s leading Sunni ally is proving how easily hubris, delusion, and old-fashioned ineptitude can trump even bottomless wealth.

 
Tyler Durden's picture

Meet The Family That Just Spent Half Its Annual Income Paying For Obamacare





It turns out that Obamacare's "affordable care" is affordable, as long as one doesn't actually have to use it! Here is what happens when one does.

 
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2008 Flashback: The Risk Of Redefining Recession





Ignorance about recessions has taken hold because of a simplistic idea that a recession is two successive quarterly declines in GDP or, more broadly, a situation where we see some, but not all, of the typical markers of recession. While the final determination of recession might be delayed by a year of more, our leading indexes have never been this weak outside a recession. If this is indeed a recession, policy makers would be remiss in assuming that this is an economic slowdown rather than a recessionary vicious cycle.

 
Tyler Durden's picture

Something Went Wrong On The Way To The Future





In very raw terms, if a man wanted to buy a house and a car in 1975 he had to work just under five years to pay for them.

If he wants a house and a car today, he has to work almost 11 years...

 
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