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Trump Approves US Troop Deployment To Saudi Arabia In Response To “Iran Attacks”

Trump Approves US Troop Deployment To Saudi Arabia In Response To “Iran Attacks” And now for the Friday evening tape bomb. For the past five days, the world awaited to see what, if any, would be Trump’s response to last Saturday’s attack on Saudi oil facilities that has taken out millions of barrels of crude […]

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“Suspiciously Well Placed”: First Images Of Crippling Damage To Giant Khurais Oil Field Revealed

“Suspiciously Well Placed”: First Images Of Crippling Damage To Giant Khurais Oil Field Revealed Much of the attention concerning the crippling damage to Saudi Aramco facilities struck in last week’s aerial attack ultimately blamed on “Iranian sponsorship” by US and Saudi officials has focused on Abqaiq processing plant, but on Friday the first on the ground […]

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The Greatest Threat to World Stability No One Knows About

The Greatest Threat to World Stability No One Knows About The absolute greatest threat to world stability is a threat that oddly receives virtually no publicity. It’s not nuclear arms, it’s not a US stock market crash, it’s not a global bond market crash and it’s not a real estate market crash. The greatest threat […]

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Nomura Exposes The Fed’s Imminent “Mega-Shift” – Beware Quad Witch & “Untethered” Markets

Nomura Exposes The Fed’s Imminent “Mega-Shift” – Beware Quad Witch & “Untethered” Markets “This is a big deal,” warns Nomura’s Charlie McElligott – a man not known for hyperbole – as he reflects on the sudden, dramatic changes occurring in the very deepest levels of plumbing of the world’s supposed most-liquid markets. Another massively over-subscribed repo […]

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Liquidity Shortage Getting Worse: Fed’s Repo Oversubscribed As Funding Demand Soars 50% Overnight

Liquidity Shortage Getting Worse: Fed’s Repo Oversubscribed As Funding Demand Soars 50% Overnight 20 minutes after today’s repo operation began, it concluded and there was some bad news in it: as we feared, yesterday’s take up of the Fed’s repo operation which peaked at $53.2 billion has expanded substantially, and according to the Fed, today there […]

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Canadian RCMP Official’s Arrest Could Compromise ‘Five Eyes’ Intelligence Alliance

Canadian RCMP Official’s Arrest Could Compromise ‘Five Eyes’ Intelligence Alliance There’s something rotten in the Five Eyes intelligence alliance, an intelligence sharing community that includes the US, Canada, the UK, New Zealand and Australia. Canada on Friday revealed that it had arrested the former director general of the RCMP’s National Intelligence Coordination Center, one of the […]

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Energy Expert Warns Oil Shocks Hit The Economy With Incredible Speed, Usually Within Thirty Days

Energy Expert Warns Oil Shocks Hit The Economy With Incredible Speed, Usually Within Thirty Days The lasting damage from the weekend’s attacks on Saudi oil infrastructure is yet to be fully assessed.  Having said that, we can make some broad statements about supply outages and economic cycles. Although we tend to forget it, almost all […]

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Emirati-Flagged Ship Seized By Iran In Strait Of Hormuz On Suspicion Of Smuggling Diesel

Emirati-Flagged Ship Seized By Iran In Strait Of Hormuz On Suspicion Of Smuggling Diesel Following reports that it’s planning to release a UK-flagged oil tanker that it seized two months ago, Iran has reportedly seized a UAE-flagged vessel in the Strait of Hormuz on Monday and detained its 11-member crew. The IRGC, which was responsible for […]

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Goldman Goes “Lehman Weekend” On Oil: Expects Chaos When Trading Reopens

Goldman Goes “Lehman Weekend” On Oil: Expects Chaos When Trading Reopens Exactly 11 years to the day since traders organized an emergency impromptu CDS unwind session ahead of Lehman’s shocking September 15, 2008 bankruptcy filing, major banks are preparing for similar chaos, only this time in the crude oil market in the aftermath of Saturday’s […]

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Could Be “Weeks” Before Aramco Restores Full Production Capacity As Specter Of $100 Oil Looms

Could Be “Weeks” Before Aramco Restores Full Production Capacity As Specter Of $100 Oil Looms With the Saudis now racing to restore full oil production to normal levels as one Sunday morningheadline noted, the industry is bracing for a potential significant delay in production — given rumors the fires at the facilities struck in the early hours of […]

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Marines “Remind China Of America’s Military Edge” During 11-Day Exercise In The Pacific

Marines “Remind China Of America’s Military Edge” During 11-Day Exercise In The Pacific  The US is escalating the intensity of its military drills in the waters around mainland China. According to the South China Morning Post, US marines recently held airfield and island-seizure drills in the East and South China seas in order to remind Beijing […]

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Banks Seek Lower Credit Score Requirements, Targeting Over 50 Million New Subprime Borrowers

Banks Seek Lower Credit Score Requirements, Targeting Over 50 Million New Subprime Borrowers When the next bubble bursts – and it will – be sure to take a look back at this article. It might help explain some things.  Lenders, seemingly unhappy with the vast avalanche of debt they’ve issued over the last decade, are […]

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Trump Praises ECB For “Depreciating The Euro”, Slams The Fed For Doing Nothing

Trump Praises ECB For “Depreciating The Euro”, Slams The Fed For Doing Nothing When discussing the barrage of easing unleashed by the ECB moments ago, we said that as “we prepare for the ECB press conference in 30 minutes, that will be nothing compared to the angry twitter tirade we expect by president Trump who will […]

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Trump Says Fed Should Cut Rates “To ZERO Or Less”, So US Can Refinance Debt And Lenghten Maturities

Trump Says Fed Should Cut Rates “To ZERO Or Less”, So US Can Refinance Debt And Lenghten Maturities Volfefe begins early today. One day before the ECB is expected to cut rates further into negative territory and restart sovereign debt QE, moments ago president Trump resumed his feud with the Fed piling more pressure on Powell […]

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Old Farmer’s Almanac Predicts ‘Snow-verload’ Winter Across Much of US

Old Farmer’s Almanac Predicts ‘Snow-verload’ Winter Across Much of US The Old Farmer’s Almanac is forecasting that portions of the United States will see a “snow-verload” during what has been described as a snowy winter. For instance, it is predicting a “wet and wild” 2019-20 winter in the northeastern U.S. But overall, it is calling for “shivers, […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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