Germany

Mario Draghi's Fatal Conceit

"Without a monetary policy of ultra-low interest rates and bailing out struggling borrowers by printing up new money (or promising to do so, if needed) the euro project would already have gone belly up. So far the ECB has indeed successfully concealed that the pipe dream of successfully creating and running a single fiat currency has failed."

Weird Things Are Happening With Gold

Last week featured two unusual stories on gold - one strange and the other truly weird. These stories explain why gold is not just money but is the most politicized form of money. They show that while politicians publicly disparage gold, they quietly pay close attention to it.

World Stocks Rebound, Dollar Rises As Korea Nuclear War Fears Recede

S&P futures are higher in early Wednesday trading, alongside Asian stocks and European bourses, both solidly in the green as the EURUSD drifts below the 1.20 "redline" while the dollar rebounds off a two and a half year low following the US "measured" response to North Korea’s missile test, which soothed jittery investors who now turn their focus to US economic data.

US Conducts Successful Field Test Of New Nuclear Bomb

The US National Nuclear Security Administration and the U.S Air Force announced the second successful field test of the modernized B61-12 gravity thermonuclear bomb at the Tonopah Test Range in Nevada, which was completed on August 8.

How The Deep State Ties Down Trump

"Russia and China are right to be thinking 'worst case' and how to minimize their exposure to any American cataclysmic descent into political turmoil – and possible violence. "