• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

Newspaper

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Ahead Of Boris Johnson's Key Sunday Night Announcement, Here Is What British Politicians Think Of The Referendum





With the date of UK's EU referendum now set for late June, both side are nervously awaiting the verdict of the mayor of London, who, the Observer understands, intends to make a statement on Sunday night on which side he will back. If both Gove and Johnson, two of the best communicators in Tory ranks, side with the Out campaign, many MPs believe the prime minister will face an uphill struggle to convince voters that their best interests lay in remaining inside the EU.

 
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A Furious Turkey Says US Is "Acting Like An Enemy," Demands Washington Brand Kurds "Terrorists"





"If the Unites States is really Turkey's friend and ally, then they should recognize the PYD — a Syrian branch of the PKK — as a terrorist organization. If a friend acts as an enemy, then measures should be taken, and they will not be limited to the Incirlik Airbase, Turkey has significant capabilities,"

 
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Swiss Politicians Slam Attempts To Eliminate Cash, Compare Paper Money To A Gun Defending Freedom





Brunner and Brandberg maintain that the tendency in the EU and in OECD member countries is to “weaken individual liberties” and to exercise greater control over citizens.  In this context "cash is comparable to the service firearm kept by Swiss citizen soldiers," the pair argued in their motion, saying they both “guarantee freedom.” The move toward electronic payments allows governments "total surveillance" over individuals, the pair claim.

 
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Frontrunning: February 18





  • Oil extends rally towards $35 after Iran welcomes output freeze (Reuters)
  • Overproduction Swamps Smaller Chinese Cities, Revealing Depth of Crisis (WSJ)
  • House Flipping Is Making a Comeback in Las Vegas (BBG)
  • Trump leads Republican field nationally by more than 20 points (Reuters)
  • Turkey blames Kurdish militants for Ankara bomb, vows response in Syria and Iraq (Reuters)
 
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A New Hampshire Resident Rages Against The Political Machine





"The takeaway message from New Hampshire is powerful but not new. Voters in Greece have rejected establishment parties – twice. Voters in Portugal recently rejected the establishment. Voters in Iceland did so years ago and their nation is now thriving. So what's behind all of this rejection? I reckon it's because you can only push people so far. As Popeye the Sailor is famous for saying, "That's all I can stands, I can't stands no more.""

 
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The Case For Outlawing Cash





In 2008, almost every major U.S. bank was on the edge of bankruptcy. But if the feds succeed in cutting us off from cash, that will never happen again. Because the banks will just whack us all – with the full approval of the Fed, the cronies in Congress, and zombies everywhere – to make themselves whole again. If this new campaign succeeds, it will be almost impossible to protect yourself.

 
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WTI Crude Soars To $31 - Erases All "Production Freeze" Disappointment Losses





So let's get this straight. Russia and OPEC 'agree' to consider (not actually act upon) "freezing" production levels (at current record high levels) and the market plunges amid disappointment over no cuts. And today WTI spikes and erases all those losses as Iran supports the "freeze" plan but will not cut its own production plans...

 
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American Democracy? - Money, Super-Delegates, & Hacked Voting Machines





The next time the victor of a US presidential race system says that he or she will destabilize a foreign government or wage a war against a foreign country in order to 'fight for democracy', the entire world, led most of all by the voters of the United States, should greet the news with a hearty laugh.

 
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Turkey Fires On Syrian Army, Kurds, Says "Massive Escalation" In Syria Imminent As Saudis Ready Airstrikes





It's do or die time for Saudi Arabia, Turkey, and Qatar as Russia and Hezbollah are set to rout the Syrian opposition at Aleppo. In what very well may be a prelude to world war, the Saudis have sent warplanes to Turkey's Incirlik airbase while Ankara has begun shelling the Kurds in Aleppo on the way to promising a "massive escalation" within 24 hours.

 
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The Double Fallacy Recovery - The Fed's Central Planning Is Destroying Capitalism





Economists keep claiming economic recovery fulfilled, and yet it is found nowhere other than the BLS... and it is certainly not the view of funding and credit markets. In answering why economists and policymakers would throw out the vast and growing volume of especially market-based contradictions to their preferred labor view, we only have to note that this is an existential question for them.

 
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America's Corrupt Media – How Reporters Took Direct Orders From Hillary's Staff





"A newspaper is a device for making the ignorant more ignorant and the crazy crazier." If you really want to know how weak Hillary Clinton is as a candidate, you merely have to appreciate that the U.S. media essentially acts as her own personal PR firm, yet the public still recognizes her as a dishonest crook. Brace yourself for the following story, it’s huge.

 
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6 Dead After Gunman Storms Saudi Education Department





Disgruntled employee (maybe he was mad that the kingdom rolled back fuel subsidies) or excuse to invade Syria? We'll see.

 
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Frontrunning: February 11





  • Gold Roars to One-Year High as Turmoil Drives Safe Haven Demand (BBG)
  • Banking Stocks Pummeled in Europe (WSJ)
  • Dollar, stocks plunge sparks scramble for safety (Reuters)
  • Nymex Crude Slips Below $27 a Barrel (WSJ)
  • No Respite for S&P 500 as U.S. Stock Futures Join Global Selloff (BBG)
 
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