• Steve H. Hanke
    02/11/2016 - 16:08
    The burgeoning literature contains a great deal of hype, which validates the 95% Rule: 95% of what is written about economics and finance is either wrong or irrelevant.

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Tyler Durden's picture

Americans' Positive Perception Of NRA Soars As Obama Escalates Gun-Control Agenda





Love guns or hate guns, one thing is becoming perfectly clear. The American public’s perception of guns and the NRA is moving in the exact opposite direction of Barack Obama’s message and agenda.

 
Tyler Durden's picture

Chinese Immigrant Turned Citizen Defies Obama Gun Grab: "I Will Never Be A Slave Again"





"I am a Chinese immigrant and an American citizen by choice. I once was a slave before and I will never be one again. I will always stand with my AR, no matter what my President signs with his pen."

 
GoldCore's picture

Gold Higher In Most Currencies in 2015 - Up 4% This Week





The sole focus of gold in dollar terms and the 10% fall of gold priced in dollars has led to some negative comment about gold's annual fall, the "third year of losses."

 
EconMatters's picture

Investment Banks Share the Same Trading Algo Code





We used to have notions of ‘proprietary programmed code’ but the Investment Banks learned that they could make their life a lot easier by working together instead of cross purposes.

 
Tyler Durden's picture

The "Monsters" Unmasked: Cologne Police Admit "Most Of The Attackers Were Refugees"





While previously there was some ambiguity with regard to who actually perpetrated the attacks which allegedly unfolded in Cologne on New Year's Eve, authorities are now sure that "most" of those involved were "freshly traveled asylum seekers." From Die Welt: "Primarily it was the most Arab perpetrators to sexual offenses or, to put it from their point of view to their sexual amusement. A group of men circling a female victim, closes it and takes on the woman."

 
EconMatters's picture

Natural Gas Prices Signaling Oil Bottom for Investors





We accurately called the bottom in natural gas prices, we will see how close we are in the oil markets.

 
Tyler Durden's picture

Bloodbath





 
GoldCore's picture

Perth Mint Silver Coins Sales Surge 56%, Gold Sales Drop 16% In 2015





Silver stackers continued to accumulate silver coins and bars.

 
Tyler Durden's picture

Bill Gross Warns Of Demographic Doomsday





"Demographics may not rule absolutely, but they likely will dominate investment markets and returns for the next few decades until the Boomer phenomena fades away. The 1% – in addition to the 99 – will need extra doses of Xanax, or additional slices of cake, to cope."

 
Tyler Durden's picture

"In Jeopardy" The Bull Market Is Breaking Bad-der





This week has seen a slew of significant levels related to the post-2009 bull market break on several key stock indices.

 
Tyler Durden's picture

Global Stocks Crash After Spiraling Chinese Devaluation Unleashes Worldwide Chaos And Selling





Once China set the Yuan fixing some 0.5% lower, the biggest drop since the August devaluation, all hell broke loose and unleashed a global selling panic after China's stock market was promptly shut down less than 30 minutes into trading, then European shares dropped the most in more than 4 months as Asian equities plunges, as did US stock futures, the dollar weakened against the euro and the yen; crude plunged to fresh 12 year lows. Gold rose.

 
Tyler Durden's picture

Here We Go Again: China Halts Trading For The Entire Day After Another 7% Crash





CHINA STOCKS HALTED FOR REST OF DAY AFTER CSI 300 TUMBLES 7% - Following the collapse of offshore Yuan to 5 year lows and decompression to record spreads to onshore Yuan, The PBOC has stepped in and dramatically devalued the Yuan fix by 0.5% to 6.5646. This is the biggest devaluation since the August collapse. Offshore Yuan trading has been violent with a 1000 pips swing on Yuantervention. Dow futures are plunging... WTI trades at a $32 handle... Gold hits $1100.
 
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