Silver as an investment

Monthly Archives: July 2018

And The Best-Run City In The US Is…

Any mayor will tell you that running a modern US city isn’t an easy task. Even wealthy enclaves in the middle of a gentrification boom sometimes have trouble providing basic services (have you ridden the New York City subway lately?). While dysfunction abounds in municipalities across the US, researchers at WalletHub recently challenged themselves to […]

China’s Military Interests Along The Silk Road Stretch From Sea To Shining Sea

Authored by Andrew Korybko via Oriental Review, Leaked Chinese military documents purport that the People’s Liberation Army will seek to expand its presence across the world in order to defend its Silk Road interests. The Japan Times was the first outlet to report on the plans that putatively circulated in Chinese circles back in February and […]

Liberal Meltdown: Furious Libs Outraged After Elon Musk Revealed As One Of Top Republican PAC Donors

Update 2: As the night progresses, Elon Musk is growing increasingly perturbed by the latest GOP donation revelations, as the following tweet in the true spirit of Pravduh will attest: Reports that I am a top donor to GOP are categorically false. I am not a top donor to any political party. — Elon Musk […]

Student Debt Bubble Expands As Parents Do More Of The Borrowing

Authored by John Rubino via DollarCollapse.com, Not so long ago, student debt was mostly the responsibility of students. That is, you paid for college with loans and then paid off those loans with the proceeds of the good job you got with an advanced education. These days it’s a little different. The cost of higher […]

“Credible” Lisa Page Wows House GOP; Supports Theory FBI Had “Desired Outcome” In Russia Probe

GOP lawmakers were pleased with former FBI attorney Lisa Page’s Friday closed-door interview with select House committee members – in sharp contrast to her former FBI co-worker and lover Peter Strzok’s Thursday testimony which was mostly a ten-hourtrain wreck. After just five hours, a “cooperative” and “credible” Page answered many questions Strzok didn’t, according to Rep. […]

Starbucks Bans Plastic Straws, Winds Up Using More Plastic

Authored by Christian Britschgi via Reason.com, 2018 will forever be remembered as the year that hating plastic straws went mainstream. Once the lonely cause of environmental cranks, now everyone wants to eliminate these suckers from daily life. In July, Seattle imposed America’s first ban on plastic straws. Vancouver, British Columbia, passed a similar ban a […]

Hedge Fund Legend Shares The Secrets Of His Greatest Trade: RealVision Interview

 “I thought there must be something more virtuous, more ennobling to do with one’s life than make rich people richer” – Michael Steinhardt          In a recent interview with RealVision, the “dean of financial reporters” Jim Grant, publisher of “Grant’s Interest Rate Observer”, interviewed Michael Steinhardt, a member of the old guard of hedge-fund titans, […]

“World’s Most Bearish Hedge Fund” Has An Alternative View On Yuan Weakness, With “Profound Implications”

Like David Einhorn, Horseman Global had a very ugly month, in fact its 6.9% drop in June which dragged YTD performance back into the red (-2.83% YTD), was the worst month for Horseman going back to the end of 2016. However, unlike Einhorn, who lost 8% in June bringing his YTD performance to -19% and […]

PCR: “There’s No Sign Whatsoever Of Any Evidence” In The ’12 Russians’ Indictment

Authored by Paul Craig Roberts, Trump Should Fire Rosenstein Immediately Does Deputy Attorney General Rod Rosenstein’s indictment of 12 Russian military intelligence officers for allegedly hacking Hillary’s emails and interfering in the US election have any purpose other than to throw a monkey wrench in President Trump’s upcoming summit with Putin? Don’t forget that Rosenstein […]

VIX Shorts Surge But ‘Summer Of Disequlibrium’ Anxiety Is Everywhere You Look

A surge in trade war talk and a brief tariff tantrum has done nothing to slow the roll of the market’s most-leveraged longs. In fact, as VIX ignored the rise of Trump’s trade war that the world and their pet rabbit believes will crash the global economy and bring fire and brimstone from the earth, […]