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GoldCore's picture

“Like A Blind Man In A Dark Room Looking For A Black Hat Which Isn’t There”





The musings of the many wonderful minds who preach to goldbugs, contrarians, real anarchists, real patriots, conservatives and republicans, moralists, real believers in genuine free markets, solution seekers and a combination of them all, have had a significant impact on my worldview.

 
Tyler Durden's picture

Gold Surges Amid Asian Sea Of Red, China Strengthens Yuan By Most In 4 Months





Hong Kong's Hang Seng index is now down over 21% from the highs, having fallen over 9% in the last week, and Taiwan's TAIEX is down over 20% from April highs, joining Chinese stocks, both joining Chinese stocks in official bear markets. Japanese markets are down over 6% in the last few days (which Amari simply brushes off, blaming the global selloff stemming from China), a JGB trading volumes slump to a record low. Tensions in Korea are not helping. With all eyes on China's flash PMI (though why we are not sure since PBOC is already full liquidity-tard with CNY350bn this week alone), The PBOC fixed Yuan at 6.3864, up from yesterday's biggest strengthening in 3 months to 6.3915 (the biggest 2 day strengthening since April), and margin debt fell for the 3rd day. Gold is surging in the Asia session, near $1160.

 
Tyler Durden's picture

North Korea Declares State Of War After Argument Over Loudspeaker Spirals Out Of Control





Tensions were already running high across the DMZ in the Korean Peninsula, and then someone took a shot at a speaker...

 
Tyler Durden's picture

North Korea Threatens To "Invade USA," Use Weapons "Unknown To The World"





If Washington does not cancel its planned military exercises with South Korea, North Korea has issued new nuclear threats and says it is ready to us its latest weapons, which "are unknown to the world." The drills, called Ulchi Freedom Guardian, are due to start Monday are designed to "protect the region and maintain stability on the Korean peninsula." However, as expected Pyongyang is not happy, "If [the] United States wants their mainland to be safe," said state TV, "then the Ulchi Freedom Guardian should stop immediately."

 
Tyler Durden's picture

Weekend Reading: Chinese Food (For Thought)





The ongoing deterioration in fundamentals, economics and technicals suggest that risk currently outweighs the potential reward for now. With respect to the technical front, the ongoing deterioration in relative strength, momentum, and breadth, combined with a compression of price action, have only been witnessed at more important market peaks in the past. "Bull markets" do not die on their own. Their death is generally dictated by the onset of an unexpected catalyst that creates enough "panic selling" to spark a liquidation cycle. Does the current situation in China rise to such a level? Maybe. It is an issue we began discussing this past June, and there may be a danger in dismissing the issue too quickly.

 
Tyler Durden's picture

Trump May Be Soaring In The Polls, But The Bookies Aren't So Sure





At 1000-to-1, Kim Kardashian is an outsider in the race to be the next US President but perhaps most notable in the odds that bookies are willing to offer is the 7th place that Donald Trump ranks (at 18-to-1 or just a 5% probability of winning), below GOP rivals such as Jeb Bush (23% probabiity) and Marco Rubio (11% probability). Trump even ranks below Bernie Sanders and Joe Biden according to where the money is being bet! Of course, Hillary remains the odds-on favorite at 10/11 (or 52% probability).

 
Tyler Durden's picture

Should It Be A Crime To Shoot Down A Drone Over Your Property?





A Hillview man has been arrested after he shot down a drone flying over his property - but he's not making any apologies for it. "I just think you should have privacy in your own backyard," said William Merideth, 47, "I went and got my shotgun and I said, "I'm not going to do anything unless it's directly over my property."" That moment soon arrived, "within a minute or so, here it came... it was hovering over top of my property, and I shot it out of the sky." Merideth was arrested and charged with first degree criminal mischief and first degree wanton endangerment...

 
Tyler Durden's picture

Even The Players Are Losing Faith In Their Own Shenanigans





What is on display more brightly and clearly than ever, though, is the utter fakery of international banking. The players have lost faith in their own shenanigans. They simply go through the motions now awaiting the political fallout, which is to say the revolt of the people who can still do arithmetic. The old refrain, “your check is in the mail” may not be so reassuring to folks who haven’t eaten for three days. Personally, I would expect the gasoline bombs to be flying around Syntagma Square before the middle of the week.

 
GoldCore's picture

Cyberwarfare Threat To Nuclear, Banking and Financial System





Our modern western financial and banking system with its massive dependency on single interface websites, servers and the internet faces serious risks that few analysts have yet to appreciate and evaluate.

 
Tyler Durden's picture

Free Speech, Facebook & The NSA: The Good, The Bad & The Ugly





“A person under surveillance is no longer free; a society under surveillance is no longer a democracy.”

 
Pivotfarm's picture

10 Countries Dead Within Two Decades





Ever wondered what life would be like if a country actually disappeared off the face of the planet or at least transformed into something else?

 
smartknowledgeu's picture

SmartKnowledgeU Podcast #10: Free Your Mind





Welcome to SmartKnowledgeU Podcast #10, Free Your Mind. For many of us, almost every single belief we hold about religion, politics, financial markets, war, law, morality was fed to us by another human being, and not something that we arrived upon from our own path of critical thought.

 
Tyler Durden's picture

Meet The Man Responsible For Oklahoma's Earthquake Epidemic





Between 1974 and 2009 there were 62 magnitude 3.0 or stronger earthquakes in Oklahoma. In the past five years there have been 1,070 M3.0+ quakes. The chart of Oklahoma's quake surge correlates perfectly with the amount of wastewater injected into the state. And when it comes to Oklahoma's "induced seismicity" there is nobody more responsible for either Oklahoma's "shale miracle" or the resultant earthquake epidemic than David Chernicky, CEO of Tulsa-based New Dominion.

 
Tyler Durden's picture

Billionaire Oil CEO Demands Scientists Terminated After Oklahoma Quake Study





"Mr. Hamm is very upset at some of the earthquake reporting to the point that he would like to see select OGS staff dismissed."

 
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