• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

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Steve H. Hanke's picture

On The Minimum Wage and Populism





Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.

Last week, a slew of politicians in California, New York, and the United Kingdom embraced higher minimum wages.

 
EconMatters's picture

Oil is Setting Up for a Massive Short Squeeze before OPEC Doha Meeting (Video)





Barclays, BNP Paribas and a bunch of shorts are going to have to cover before the Doha Meeting. Expect the short squeeze to begin sometime this week.

 
Steve H. Hanke's picture

On the I.M.F.’s Nefarious Activities – Greece, Indonesia, and Who Knows What Else





Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.

Over the weekend, the New York Times reported that WikiLeaks transcripts suggested that the International Monetary Fund (I.M.F.) had discussed the possibility of hatching nefarious plots against Greece. Immediately, Prime Minister Alexis Tsipras accused the I.M.F. of trying to “politically destabilize Europe.”

 
Tyler Durden's picture

ISIS In Europe: How Deep Is The "Gray Zone"?





How many Muslims will this ISIS virus be able to infect in the vast European "gray zone"? The answer will determine our future.

 
EconMatters's picture

Three Snowstorms to Hit Northeast - Heating Oil Prices to Spike (Video)





Three snowstorms back to back to hit the Northeast, it appears winter is lasting longer than usual for this part of the country.

 
Tyler Durden's picture

Frontrunning: April 4





  • Ties between Germany and Russia enter new chill (Reuters)
  • Tax authorities begin probes into some people named in Panama Papers leak (Reuters)
  • SEC investigates ex-JPMorgan debt traders (FT)
  • Who Will Win Wisconsin? Here Are Six Credible Predictions (BBG)
  • Victim in Wall St. Scheme Was a Classmate of Its Accused Architect (NYT)
 
EconMatters's picture

Four Major Fallacies in the Oil Market (Video)





From Russia Oil Production, Inventory Builds, Saudi Arabia`s Strategy, and Market Sentiment regarding the rally off the bottom.

 
Tyler Durden's picture

Amtrak Train Derails Near Philadelphia, Killing Two; Northeast Corridor Service Suspended





At least two people died and 30 suffered injuries when an Amtrak train collided with a backhoe on the tracks at approximately 7:53 am near Booth Street in Chester, causing the lead engine of the train to derail.  Service has been suspended along the Northeast Corridor in Pennsylvania and New Jersey. According to Amtrak, there were 341 passengers and seven crewmembers on board Palmetto train 89 at the time of the incident, which took place in Chester, Delaware County.

 
Tyler Durden's picture

Shocking Video From Brussels Anti-Islam Protest Of Moment Muslim Woman Is Run Over By Car





The most shocking and violent moment of today's anti-Islam protests in the notorious Molenbeek district took place when a car drove toward the police line, spraying a fire extinguisher. While driving off, the Audi hit a muslim woman head on.

 
Tyler Durden's picture

"I'm 100% Sure" The US Presidential Campaign Is Being Tampered With





There is a growing recognition of the increasing tail wagging the dog nature of the internet's control over election outcomes. We recently detailed "the hidden persuaders" at work showing how the internet has spawned subtle forms of influence that can flip elections and manipulate everything we say, think and do. Confirming all of this to be chillingly true is Andrés Sepúlveda, who rigged elections throughout Latin America for almost a decade. On the question of whether the U.S. presidential campaign is being tampered with, he is unequivocal - "I'm 100 percent sure it is."

 
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"We Won The Votes, They're Trying To Steal Them" Trump Urges Tennesseans To Crash Establishment Party





Building on the worst two week-period of his campaign, Donald Trump took to Twitter overnight to implore his Tennessean supporters to rise up, raging that the state’s Republican Party was "trying to steal" his delegates and urging them to crash a party meeting on Saturday morning to stop them - "We won the votes. They are trying to steal them. I can’t believe I am writing this. But the Tennessee Republican Party wants to steal your vote TOMORROW." As Politico reports Establishment leaders, alarmed by an intensifying backlash, have hired extra security for the event.

 
EconMatters's picture

U.S. Oil Production to Drop to 5 Million Barrels Per Day over Next 12 Months (Video)





We delve into the Oil Data metrics as to why April, May and June are strong months to be invested from the long side in the Oil Market.

 
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