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Greek Warships Are Reportedly Near Turkish Exploration Vessel Actively Disrupting Seismic Signals Tyler Durden Wed, 08/12/2020 – 03:30 Via AlMasdarNews.com, Greek national media reported on Tuesday, that the Greek Armed Forces are on high alert, at a time when the eastern Mediterranean region is witnessing tensions with Turkey due to its eastern Mediterranean oil and…

Precious Metal Pummeling Continues In Early Asia Trading Tyler Durden Tue, 08/11/2020 – 22:45 As Bloomberg’s Mark Cranfield noted this evening, small reversals are just not gold’s style after a major advance (typically somewhere between a 15% and 20% drop is more common), and the selling pressure on precious metals has continued as Japan and…

Food Bank Strains Emerge As Economy Falls Off Fiscal Cliff  Tyler Durden Tue, 08/11/2020 – 22:25 The latest economic data suggest the US recovery stalled. One look at the Citi US econ surprise index, as of this week, shows the recovery ran out of steam last month. A fiscal cliff is already underway, set to enter the second week…

Fox News Ratings Surge, Leading ‘Primetime Pack’ Despite Boycotts As CNN, MSNBC Lag Tyler Durden Tue, 08/11/2020 – 23:45 While the national polls proclaim Joe Biden as the clear frontrunner, just like they did for Hillary Clinton back in the summer of 2016, signs of growing dissatisfaction with Biden, who has spent the last five…

Escape From New York: Wealthy Residents Flee In Droves As The City Degenerates Into A Hellhole Tyler Durden Tue, 08/11/2020 – 23:25 Authored by Michael Snyder via TheMostImportantNews.com, Hundreds of thousands of wealthy residents have already left New York City, and more are leaving every day as America’s biggest city rapidly degenerates into a hellhole. …

Gundlach, Who Correctly Called The 2016 Presidential Election, Predicts Trump Will Win Again Tyler Durden Tue, 08/11/2020 – 23:05 Back in early, DoubleLine’s Jeff Gundlach made a prediction that was viewed as anathema in “serious” circles: he said that Donald Trump would win the 2016 presidential election. And much to the chagrin of all his…

You’ll Never Guess Which Country Has The Most Widespread Adoption Of Crypto In The World Tyler Durden Wed, 08/12/2020 – 02:45 Reliance on remittances and the prevalence of peer-to-peer phone payments have led to a steep rise of cryptocurrency use in Africa’s largest economy. As Statista’s Katharina Buchholz details below, out of 65 countries in the Statista Global…

Britain’s Enemies Will Tremble At The Sight Of Our Diversity & Inclusion… Tyler Durden Wed, 08/12/2020 – 02:00 Authored by Simon Black via SovereignMan.com, Not long ago, the British Army realized that it needed to completely revamp its recruiting campaign. The younger generation simply wasn’t responding to the Army’s previous ‘Be All You Can Be’ style of…

Engdahl: Towards A US-China War? The Creation of A Global Totalitarian “One World Government” System? Tyler Durden Wed, 08/12/2020 – 00:05 Authored by F. William Engdahl via GlobalResearch.ca, If we step back from the details of daily headlines around the world and try to make sense of larger patterns, the dominant dynamic defining world geopolitics…

WTI ‘Off The Lows’ After Bigger Than Expected Crude Draw Tyler Durden Tue, 08/11/2020 – 16:34 Despite an early bounce on vaccine headlines, WTI reversed lower (again) at a key technical level (200DMA)… “We still continue to have an overhang and a significant amount of spare capacity within OPEC,” said Bart Melek, head of global commodity…

Has America Entered A New Era Of Permanent Civil Unrest? Tyler Durden Tue, 08/11/2020 – 16:25 Authored by Michael Snyder via TheMostImportantNews.com, In 2020, it seems like each new day brings more headlines about chaos on the streets of America, and on Monday that included violence right outside the gates of the White House.  It…

Gundlach Live Webcast: The DoubleLine Bond King’s Latest Market Take Tyler Durden Tue, 08/11/2020 – 16:23 It’s that time of the month for the bond king, Jeff Gundlach, to update investors in his DoubleLine fund – and everyone else – on his latest views and his outlook on the economy and markets. Readers can jump…

The Economy Is Mortally Wounded Tyler Durden Mon, 08/10/2020 – 16:25 Authored by Charles Hugh Smith via OfTwoMinds blog, A fully financialized, totally debt and speculation-dependent economy is terminal once leverage and debt stop expanding exponentially. We all know the movie scene in which the character is wounded but dismisses it as no big deal,…

Silver Soars Amid Momo Meltdown, Apple Almost As Big As Entire Russell 2000 Tyler Durden Mon, 08/10/2020 – 16:00 The last two days have seen the biggest plunge in momentum since the early June quant-quake… Source: Bloomberg As the reflation trade inflects as money supply falls for two straight weeks… Source: Bloomberg …and momentum vs…

Americans Are Continuing To Die From Drinking Hand Sanitizer  Tyler Durden Mon, 08/10/2020 – 15:45 US health officials are still having to verbalize what most would think is only too obvious: don’t drink hand sanitizer. During the past two summer months as lockdowns have endured in a number of states, and as large states like Texas…