Zoltan Pozsar’s Gold-mageddon Deconstructed
Zoltan Pozsar’s Gold-mageddon Deconstructed “[B]anks have been managing their paper gold books with one assumption, which is that [Nation] states would ensure gold wouldn’t come back as a settlement medium.” -Zoltan Pozsar Before we go any further, we read ZeroHedge’s report on this letter Dec 7th entitled: Zoltan Pozsar: Gold To Soar…When Putin Unveils Petrogold (ZH Prem) and […]
15 Facts Which Prove That A Massive Economic Meltdown Is Already Happening Right Now
15 Facts Which Prove That A Massive Economic Meltdown Is Already Happening Right Now Economic conditions just keep getting worse. As we prepare to enter 2023, we find ourselves in a high inflation environment at the same time that economic activity is really slowing down. And just like we witnessed in 2008, employers are conducting […]
Why You Need to Start Paying Attention to the ‘Twitter Files’
Why You Need to Start Paying Attention to the ‘Twitter Files’ (AP Photo/Files) This is an article to show your haughty, “know-it-all” brother-in-law who thinks our government is somehow squeaky clean. The “Twitter Files” have now officially had more sequels than Planet of the Apes and can be difficult to absorb. Thus, I don’t think they’re getting […]
Dave Collum’s 2022 Year In Review, Part 2: The War In Ukraine & How Does It End?
Dave Collum’s 2022 Year In Review, Part 2: The War In Ukraine & How Does It End? Hello darkness my old friend. I come to talk with you again. ~ Simon and Garfunkle in The Sounds of Silence This Year in Review is brought to you by Pfizer, FTX, and Raytheon… Every year, David Collum writes a detailed […]
THE TWITTER FILES: Clandestine Government Agency Edition
THE TWITTER FILES: Clandestine Government Agency Edition After writing quite the pre-Christmas reflection Friday, night, Journalist Matt Taibbi has decided to grace us with a Christmas Eve edition of THE TWITTER FILES – which he says details “Twitter’s relationship to other government agencies – including some that don’t like to see their name in print much.” Continued; […]
Dave Collum’s 2022 Year In Review, Part 1: All Roads Lead To Ukraine
Dave Collum’s 2022 Year In Review, Part 1: All Roads Lead To Ukraine This Year in Review is brought to you by Pfizer, FTX, and Raytheon… Every year, David Collum writes a detailed “Year in Review” synopsis full of keen perspective and plenty of wit. This year’s is no exception, with Dave striking again in his usually […]
You’d Better Watch Out: The Surveillance State Is Making a List, and You’re On It
You’d Better Watch Out: The Surveillance State Is Making a List, and You’re On It “He sees you when you’re sleeping He knows when you’re awake He knows when you’ve been bad or good So be good for goodness’ sake!” —“Santa Claus Is Coming to Town” You’d better watch out—you’d better not pout—you’d better not […]
Eastern US Power Grid Declares Emergency, Power Outages Top One Million, Flight Disruptions Persist Amid Storm Chaos
Eastern US Power Grid Declares Emergency, Power Outages Top One Million, Flight Disruptions Persist Amid Storm Chaos The powerful winter storm that battered a large swath of the eastern half of the US has left behind an Arctic chill Saturday morning. A regional power grid with 65 million customers in 13 states and the District […]
The US Northeast is hurtling toward a winter heating crisis
The US Northeast is hurtling toward a winter heating crisis Linda and her husband, Jeff Grossman, has been hit hard by the cost of home heating oil. She’ll probably end up spending $3,200 this winter for oil, about 60 percent more than last winter.MATTHEW J. LEE/GLOBE STAFF In the most densely populated corner of the […]
Biodiversity: Targets and lies
Biodiversity: Targets and lies Victor Anderson and Rupert Read dissect the recent and ‘historic’ biodiversity CoP15 agreement. Great rejoicing has followed the biodiversity agreement recently arrived at, just in time for Christmas. For example, ‘The Times’ editorial began: “The agreement in Montreal by 195 countries to protect wildlife and ecosystems, with 30 per cent of […]
Peak US Oil Production Looms as the Domestic Shale Boom Ends
Peak US Oil Production Looms as the Domestic Shale Boom Ends After a decade of losing hundreds of billions of dollars, the shale oil industry is finally making money — and running out of oil. A lone pumpjack in Loving County, Texas, in the Permian Basin. Credit: Justin Hamel It appears that the U.S. fracking […]
Inflation, recession, and declining US hegemony
Inflation, recession, and declining US hegemony In the distant future, we might look back on 2022 and 2023 as pivotal years. So far, we have seen the conflict between America and the two Asian hegemons emerge into the open, leading to a self-inflicted energy crisis on the western alliance. The forty-year trend of declining interest […]
US-Russia Relations In “Ice Age” & Risk Of Direct Clash “High”: Kremlin
US-Russia Relations In “Ice Age” & Risk Of Direct Clash “High”: Kremlin Russia’s ambassador to the United States issued a statement Friday assessing the state of Moscow-Washington relations as having entered an “ice age” – according to state-owned TASS. Ambassador Anatoly Antonov said that currently the risk of a direct clash between the US and Russia remains “high” – after […]
Europe’s Energy Crisis Is Just Getting Started
Europe’s Energy Crisis Is Just Getting Started While Europe managed to fill its gas storage ahead of winter this year, it will have to import huge amounts of LNG in a competitive market to survive next winter. The next 12 to 24 months will be critical in establishing whether Europe can stave off a long-term […]
It’s Wholesale Robbery!
It’s Wholesale Robbery! The latest inflation news was glorious, they said. The whole media told us so! It’s easing, improving, better than it has been and headed in the right direction. So stop your kvetching and get out there and make (and spend) money. For that matter, throw around the credit card a bit and […]
