Thanks to the internet, we are bombarded 24/7 with news of disasters and impending disasters, to the point of ennui. Are things really as bad as the media and Hollywood say? Or are we headed for a happy techno future? The other evening, in search of some entertainment, I stumbled upon a film by Australian…
US President Donald Trump, along with neoconservative cabinet hawks John Bolton and Mike Pompeo, have openly threatened to escalate hostilities against the South American country for no other reason than regime change. Western “economic actions” are a euphemism for war. What does the west want regime change in Venezuela? The answer is simple and by…
After Venezuela, Germany, Austria and the Netherlands prudently repatriated a substantial portion (if not all) of their physical gold held at the NY Fed or other western central banks in recent years, this morning Turkey also announced that it has decided to repatriate all its gold stored in the US Federal Reserve and deliver it…
China has expressed “grave concerns” over US President Donald Trump’s signing of a memo that authorizes a potential inquiry into Beijing’s alleged theft of intellectual property. China said it won’t “sit by,” and threatened to act to defend its interests. “We hope that the US trade representative respects facts and acts with prudence,” the Chinese…
The latest rally in oil prices ran up against a wall yet again, and the same fears about oversupply have not receded in the slightest. The expectation from most oil analysts is that there is very little room on the upside for oil prices and that we will have to wait until 2018 at the…
Since the start of OPEC’s production cuts, oil market analysts and experts have been focusing on how US shale would respond to the relatively higher and stable oil prices, possibly eating up some of the cartel’s global market share while the cuts last. The market share war is also going on a micro level within…
