Saudi Arabia
OPEC Production Hits Three-Year High As Oil Price Continues Slump
Submitted by Tyler Durden on 12/10/2015 07:51 -0500The latest confirmation that the oil cartel formerly known as OPEC is effectively non-existent, came a little over an hour ago when in its latest November monthly report, the Organization of Petroleum Exporting Countries reported that total monthly crude output for the member nations rose to 31.695 million barrels per day, the highest amount produced in three and a half years.
The Global Economic Reset Has Begun
Submitted by Tyler Durden on 12/09/2015 22:35 -0500- Alan Greenspan
- Ben Bernanke
- Ben Bernanke
- BIS
- Black Friday
- Black Swan
- Bond
- BRICs
- Central Banks
- Chain Store Sales
- China
- Credit Crisis
- Fail
- Federal Reserve
- General Motors
- Golden Goose
- goldman sachs
- Goldman Sachs
- International Monetary Fund
- Janet Yellen
- Japan
- Main Street
- Market Share
- Quantitative Easing
- Reality
- recovery
- Reserve Currency
- Saudi Arabia
- The Economist
- Too Big To Fail
- Volatility
The U.S. is now experiencing the next stage of the great reset. Two pillars were put in place on top of an already existing pillar by the central banks in order to maintain a semblance of stability after the 2008 crash. This faux stability appears to have been necessary in order to allow time for the conditioning of the masses towards greater acceptance of globalist initiatives, to ensure the debt slavery of future generations through the taxation of government generated long term debts, and to allow for internationalists to safely position their own assets. The three pillars are now being systematically removed by the same central bankers. Why? They are simply ready to carry on with the next stage of the controlled demolition of the American structure as we know it.
America's Reckless Fight Against Evil: Six Mistakes On The Road To Perpetual War
Submitted by Tyler Durden on 12/08/2015 21:30 -0500Why do we as a nation keep on playing into the same dismal scenario and committing the same mistakes? Why this seemingly irresistible urge to fight yet another war against evil? The longer we fight, the more deeply we are seized by fear. The more we fear, the more fiercely we are determined to fight. Perhaps the point is not to win the war but to remain trapped in this vicious circle, which feels perversely comforting because it offers a sense of unified national identity as nothing else can in our otherwise deeply divided nation.
Is It Time To Make Saudi Arabia Pay For Underwriting International Terrorism?
Submitted by Tyler Durden on 12/08/2015 19:52 -0500"For years since 9/11, U.S. and Western officials have mostly looked the other way at all this ideological support for extremism: Saudi oil was just too important to the global economy, even though many of these Saudi petro-dollars were underwriting repression at home and the growth of Salafist fundamentalism abroad."
How to Shorten the War Against ISIS
Submitted by George Washington on 12/08/2015 18:27 -0500Send a Million Troops From All Over the World Pouring Into Raqqa
Overflowing Global Oil Storage Leads To Soaring Supertanker Rates
Submitted by Tyler Durden on 12/08/2015 18:06 -0500Oil tanker rates soared to the highest in seven years amid an acceleration in the number of bookings and signs that the ships are being delayed when unloading due to a lack of space in on-land storage tanks. This means that day rates for 2 million-barrel carrying ships sailing to Japan from Saudi Arabia, the industry’s benchmark route, surged to $111,359, the highest since July 2008,
This Is Why $20 Oil Is A Possibility
Submitted by Tyler Durden on 12/08/2015 10:21 -0500The day of reckoning has arrived for the oil price. After a year of "Oil Price Crash" in October the world managed record production of 97.09 Mbpd. Production momentum built in the period of high price, 2007 to 2014, is proving very difficult to switch off. It must be switched off and it seems to me the most likely scenario is sharply lower oil price in the near term.
6 Of 8 Trump Supporters Stand Behind Muslim Travel Ban; Muslims Furious
Submitted by Tyler Durden on 12/08/2015 08:12 -0500"We're gonna have to figure it out, we can't live like this. It's going to get worse and worse, we're going to have more World Trade Centers. It's going to get worse and worse, folks. We can be politically correct and we can be stupid but it's going to be worse and worse." Donald Trump said even as an AP summary of Muslim reactions to Trump can be summarized as follows: "He's trying to alienate not only the Muslim population of the United States but all the Muslims around the world."
Global Stocks, US Futures Tumble As Emerging Market Turmoil Is Set For A Dramatic Comeback
Submitted by Tyler Durden on 12/08/2015 06:53 -0500- Australia
- Auto Sales
- Bank of International Settlements
- Bond
- Canadian Dollar
- China
- Consumer Credit
- Copper
- Crude
- Crude Oil
- Donald Trump
- Equity Markets
- Exxon
- fixed
- France
- headlines
- India
- International Energy Agency
- Iran
- Jim Reid
- Market Conditions
- Market Share
- Natural Gas
- NFIB
- Nikkei
- Nominal GDP
- OPEC
- Precious Metals
- Price Action
- RANSquawk
- Reality
- Recession
- recovery
- Reserve Currency
- Reuters
- Saudi Arabia
- South Carolina
- St Louis Fed
- St. Louis Fed
- Swiss National Bank
- Yuan
Over the weekend, in its latest quarterly presentation, the Bank of International Settlements made what may have been a very premature assessment that China is now contained. Judging by events in the past 24 hours, the reality is anything but.
New Photo Emerges Of California Mass Shooters Entering The US
Submitted by Tyler Durden on 12/07/2015 13:10 -0500While we were the first to mock co-workers' contention that Farook's radicalization could be confirmed by the size of his beard, we would note that although you cannot judge a book by its cover, it does indeed appear as though some manner of transformation might have taken place in or around Farook's two visits to Saudi Arabia.
Is OPEC Losing Influence?
Submitted by Tyler Durden on 12/07/2015 10:10 -0500While countless overzealous obituaries have been written about OPEC’s vanishing influence, OPEC is indeed acknowledging that it cannot influence prices to the degree that it once could. However, the result at least shows that OPEC is going to see its current strategy through to its logical conclusion, to the chagrin of most of its members.
Get Rid of ISIS Using This 'One Weird Trick'
Submitted by Tyler Durden on 12/06/2015 19:10 -0500You've seen those internet ads that offer "one weird trick" for eliminating belly fat or boosting testosterone, right? Well, here's one weird trick for getting rid of ISIS and boosting our security from terrorism. The "trick" is non-intervention. And it is only weird in the sense that it is so uncommon in this age of war. Nonetheless, it works. The "one weird trick" has three easy steps. These steps are only "easy" for Westerners, because they basically amount to us refraining from constantly screwing things up. Once we get out of their way, the hard work will be done by locals, which is as it should be.
An Open Letter Calling For The Resignation Of Saudi-Sympathizing Politicians
Submitted by Tyler Durden on 12/06/2015 16:30 -0500"...Should you continue your flagrant support of Saudi Arabia by way of foreign aid and weapons sales, you are no longer to be trusted to hold an elected position of influence. You should therefore resign, effective immediately. The question is: Is your allegiance to the people of the United States, or are you beholden to another kingdom?"
Dozens Of Global Stock Markets Are Already Crashing: "Not Seen Numbers Like These Since 2008"
Submitted by Tyler Durden on 12/05/2015 20:05 -0500The system is beyond the point where it is merely showing stresses and fractures. Things are now falling apart and there may well be no way of putting them back together again. The media will continue to claim everything is fine, until the day of panic and reckoning when it will suddenly be the "next Greece" or "2008 all over again"... but worse.
The San Bernardino Massacre: Perceptions, Propaganda, And Blowback
Submitted by Tyler Durden on 12/05/2015 18:00 -0500As for the authoritarians who want to use incidents like the San Bernardino attack as a pretext to abolish the Constitution and institute a regime of total surveillance and outright repression: where was their vaunted surveillance system in this case? We didn’t detect this plot – and perhaps that’s because watching everyone, and collecting everyone’s information, blinds us to the real villains hiding in our midst. Then again, perhaps ferreting out villains isn’t the real purpose of government spying.



