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California Wants Higher Gas Prices and EVs, Virginia Did, But Changed Its Mind

California Wants Higher Gas Prices and EVs, Virginia Did, But Changed Its Mind Common sense returns to Virginia as California Governor Gavin Newsom Struggles to defend inane policy. Let’s start with Newsom and gasoline prices. In a Wall Street Journal Op-Ed, Newsom says “What people pay at the pump isn’t simple supply and demand but the result […]

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California Governor Escalates the War on Gasoline Impacting Neighboring States

California Governor Escalates the War on Gasoline Impacting Neighboring States Prepare to pay another $1 per gallon in California with higher prices in Nevada and Arizona too. The War on Gasoline a Gift to Trump The Wall Street Journal says Gavin Newsom’s War on Gasoline Is a Gift to Donald Trump. California’s prices are the highest […]

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Wall Street Journal Boosts Gold FOMO

Wall Street Journal Boosts Gold FOMO They hate that everyone suddenly wants physical metal The Wall Street Journal just published a long article (reposted via MSN) lamenting the fact that everyone suddenly wants gold. So thanks, WSJ, for the FOMO boost: Inside the 21st Century Gold Rush (MSN) – Eric Vazquez, a lineman for a […]

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WSJ Editor-in-Chief Admits To Davos Elites ‘We No Longer Own The News’

WSJ Editor-in-Chief Admits To Davos Elites ‘We No Longer Own The News’ Thanks to the internet and (shrinking) press freedoms, legacy media outlets no longer have a monopoly on information and narratives. Case in point, during a WEF discussion at Davos entitled “Defending Truth,” Wall St. Journal EIC Emma Tucker lamented this loss of control over ‘the […]

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OPEC+ Keeps Oil Production Unchanged, Maintains 2MMb/d Output Cut After Launch Of Russia Price Cap

OPEC+ Keeps Oil Production Unchanged, Maintains 2MMb/d Output Cut After Launch Of Russia Price Cap Two weeks ago, oil tumbled after the WSJ reported a fake news hit piece quoting “delegates” who “said” that Saudi Arabia was preparing for a 500K oil production hike. We quickly countered that this was ridiculous and if anything OPEC+ would seek […]

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Oil Frackers Brace for End of the U.S. Shale Boom

Oil Frackers Brace for End of the U.S. Shale Boom Limited inventory leaves the industry with little choice but to hold back growth, even amid high oil prices The end of the boom is in sight for America’s fracking companies. Less than 3½ years after the shale revolution made the U.S. the world’s largest oil producer, companies […]

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‘Farms Are Failing’ as Fertilizer Prices Drive Up Cost of Food

‘Farms Are Failing’ as Fertilizer Prices Drive Up Cost of Food Farmers in the developing world say they are curtailing production, which means global hunger could worsen From South America’s avocado, corn and coffee farms to Southeast Asia’s plantations of coconuts and oil palms, high fertilizer prices are weighing on farmers across the developing world, […]

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Gates Thinning the Heard with a Food Crisis?

Gates Thinning the Heard with a Food Crisis? Biden is now paying farmers not to grow crops and was perhaps directed by Bill Gates, who has become the biggest farmland holder in the USA. The risk of starvation around the world is rising. The real question is very dark. Is this part of Gates’ idea […]

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U.S. Inflation Is Highest in 13 Years as Prices Surge 5%

U.S. Inflation Is Highest in 13 Years as Prices Surge 5% The rapid rise in consumer prices in May reflected a surge in demand and shortages of labor and materials The U.S. economy’s rebound from the pandemic is driving the biggest surge in inflation in nearly 13 years, with consumer prices rising in May by […]

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Peak Oil? Drivers—and Voters—Could Delay It for Years

Peak Oil? Drivers—and Voters—Could Delay It for Years Investors and politicians have made their views clear about oil’s uncertain future. Consumers, not so much. Drivers traverse the 405 freeway at night in California. The fate of the oil industry depends as much, or more, on consumers as it does on politicians and policymakers. PHOTO: PATRICK T. […]

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Inside One Of Big Brother’s ‘Location Harvesting’ Contractors, Which Tracks ‘Hundreds Of Millions’ Of Phones

Inside One Of Big Brother’s ‘Location Harvesting’ Contractors, Which Tracks ‘Hundreds Of Millions’ Of Phones A Virginia-based software company founded by two US military veterans with backgrounds in intelligence has been tracking hundreds of millions of mobile phones across the world, according to documents reviewed by the Wall Street Journal. The company, Anomaly Six LLC, draws location data […]

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Weekly Commentary: Precarious World

Weekly Commentary: Precarious World Another fascinating – if not comforting – week. A Friday Wall Street Journal headline: “Big Tech’s Embarrassment of Riches – Amazon, Apple, Facebook and Google all show resilience during pandemic while undergoing congressional scrutiny.” Amazon, Apple, Facebook and Google all reported booming earnings the day following Wednesday appearances by respective CEOs […]

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Peter Schiff: They’re Going to Need a Bigger Rate Cut!

Peter Schiff: They’re Going to Need a Bigger Rate Cut! Stop and pause for a moment and think about what just happened. The Federal Reserve says the US economy is strong, but it just initiated emergency monetary policy last seen during the worst financial crisis since the Great Depression. Something doesn’t add up. The Fed […]

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“If The US Does That, It’ll Lose Iraq Forever” – Trump Threatened To Cut Off Baghdad’s Access To Its NY Fed Cash

“If The US Does That, It’ll Lose Iraq Forever” – Trump Threatened To Cut Off Baghdad’s Access To Its NY Fed Cash After rejecting Iraqi Prime Minister Adel Abdul Mahdi’s request to begin talks on the withdrawal of American troops, there are now more signs of the eroding ties between the two countries. The Wall Street Journal reports that according […]

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Are The Rating Agencies Complicit In Another Massive Scandal: A WSJ Investigation Leads To Shocking Questions

Are The Rating Agencies Complicit In Another Massive Scandal: A WSJ Investigation Leads To Shocking Questions Over the past two years, a key event many bears have cited as a potential catalyst for the next market crash, is the systematic downgrade of billions of lowest-rated investment grade bonds to junk as a result of debt leverage creeping […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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