Goldman Cuts Oil Price Target From $50 To $43 On Rising Global Surplus

While we await every new headline out of Algiers, overnight Goldman threw in the towel on its "transitory" oil market bullishness, and in a...

Is Libya A Bigger Threat To Oil Prices Than U.S. Shale?

Submitted by Gregory Brew via OilPrice.com, Despite some suggestions that oil prices will level off at around $60 in 2017, since the initial surge of...

Mario Draghi's Email Was Hacked By A High-Ranking Mason

Earlier this morning we reported the bizarre story of how two hackers had managed to penetrate the email accounts of not only ECB head...

Dollar Tumbles To Session Lows On Mnuchin Devaluation, Trade Deficit Warning

First, the dollar dropped following comments from commerce secretary Wilbur Ross, who said that he expected to start renegotiating NAFTA within two weeks and...

Famous Melania Trump Quotes

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Former IMF Chief Sent To Jail As Spain Prosecutes 65 Elite Bankers In Enormous...

Via Matt Agorist of ActivistPost.com, In many other countries, excluding the United States, corrupt bankers are often brought to task by their respective governments. The...

The 2014 Economy Lingers On Under The Hope For Something Different

Submitted by Jeffrey Snider via Alhambra Investment Partners, For the month of July 2014, total durable goods orders exploded higher in a fit of Boeing....

Frontrunning: August 12

Stocks Hit New Highs, and That Could Be Just the Start (WSJ) China Slows as Stimulus Impact Wanes (WSJ) How the China Shock, Deep and Swift,...

Caterpillar Retail Sales Decline For 43 Consecutive Months

There was a time when Caterpillar was considered a key bellwether for trends in global heavy industries, and thus a proxy for the manufacturing...

Armed Man With A Knife Rams Car Into Pedestrians In Heidelberg; Attacker Shot By...

In what may be the second vehicle-based terrorist attack in Germany in as many months, moments ago the German police reported that a man...

NYT Reporter Writes: "If Donald Trump Targets Journalists, Thank Obama"

In an oddly self-reflective moment of realization, The New York Times' investigative reporter James Risen, writes an oddly un-liberal op-ed pointing out the hypocrisy...

Why The Democrats Can't Let Go Of Losing

Submitted by Charles Hugh Smith via OfTwoMinds blog, The Democratic Party has become everything it once was against. Let's get one thing straight right at the...

The USDJPY and the "Price Of Gold"

Hold your real assets outside of the banking system in one of many private international facilities  -->    https://www.sprottmoney.com/intlstorage          The USDJPY and the "Price Of Gold" Posted with permission and written...

Bloomberg Tries To Explain Why Allowing 9/11 Victims To Sue Saudis Is Un-American

Two days before the 15 year anniversary of the September 11 attack, we previously noted that the House unanimously passed - to thunderous applause...

Obama Blocks Offshore Driling In Arctic, Atlantic Oceans

In a move that will likely be overturned promptly by the administration of Donald Trump, president Obama on Tuesday formally blocked offshore oil and...