Idaho Legislators Aim to Protect State Funds with Gold and Silver
By Jp Cortez The recent explosion of money printing and debt-funded spending by the U.S. in response to the Covid-19 pandemic has sparked a renewed interest in the key role gold and silver play in hedging against systemic risks. That’s why a group of Idaho legislators are working to secure a role for the monetary…
Biden's Federal Land Lease Ban To Send Oil Prices Higher: Goldman
Oil stocks tumbled following yesterday’s one-two punch of Biden energy news, when first we learned that the Interior Department enacted a 60-day moratorium on issuing oil and gas leases that affects all federal lands, minerals, and waters, which was followed by news that Biden was set to fully suspend the sale of oil and gas…
Experts Warn Civil Rights Fallout from COVID Could be Far Worse Than the Pandemic Itself
By Raul Diego The very first executive order Joe Biden signed upon becoming the forty-sixth President of the United States was the national mask mandate he promised at the Democratic National Convention back in August. The order makes face coverings and social distancing mandatory on all federal property and a legal requisite for interstate commerce….
Can Shale Resist The Lure Of Another Output Surge?
Authored by Irina Slav via OilPrice.com, U.S. shale changed global oil markets. It shook the foundations of OPEC as the one single swing producer group. And last year, it crumbled under the weight of the pandemic that sent oil prices to all-time lows, including a short dip of WTI below zero. Now, shale is getting…
Ronavax Roulette: All About the Adjuvants
By Julie Beal The coronavirus vaccines are supposed to be ‘intelligent’, because they use novel adjuvants that can target the immune system in specific ways. On the other hand, many of them could cause immediate ‘hypersensitive’ reactions such as anaphylaxis or seizures, or what seems like a delayed reaction, i.e. one that results in an…
People In These Five States Say 'Get Me Outta Here'
Authored by Mike Shedlock via MishTalk, It’s easy to guess the states people are leaving. Can you guess the top states where people are headed? Top Outbound States Top Inbound States The above numbers are on a percentage basis of inbound to outbound moves, not absolute numbers. The report is from North American Moving Services. Key…
The Trouble With Bubbles
Authored by David Robertson via RealInvestmentAdvice.com, During the fourth quarter, the economy continued to recover but remained well below pre-pandemic activity levels. Simultaneously, the political environment became even more fraught as challenges to the presidential election confirmed the worst fears of political divisiveness. Despite these challenges, the fourth quarter continued with a strong performance as…
Hong Kong Imposes Unprecedented COVID Lockdown As China Scrambles To Protect Beijing
In the first sign of confirmation that the current COVID resurgence taking place in northeastern China might be more widespread than the Chinese state (and its attendant party-controlled press organs) have been letting on, the city of Hong Kong on Friday just announced its first-ever lockdown, a measure that is reminiscent of the harsher measures…
Here's What NatGas Bulls Are Betting On In The Next Month
Weather models continue to suggest warmer than average temperatures this month across much of the US from the South to the Northeast. Warmer trends could continue next month, pressuring natural gas prices as demand crumbles. However, natgas bulls are closely watching the Polar Vortex and Madden Julian Oscillation for any shifts. Kirk Hinz, meteorologist in charge at US-based BAMWX,…
Infectious Diseases Expert Says UK Lockdown Is Not Working
Authored by Paul Joseph Watson via Summit News, Infectious diseases expert Professor Steven Riley says current data shows that the national lockdown in the United Kingdom is not working. Riley, who is professor of infectious disease dynamics at Imperial College London, cited a React study which shows “the prevalence of infection increased between 6 and…
Small EU Firms Hold Mountain Of Debt, Could Be Next Major Headache For Banks
The European Union is doing the same as they did in 2008-09, extend and pretend, dishing out cheap loans to businesses and hoping for a recovery. What’s worrying today is that excessive optimism comes as European governments invest in the recovery by increasing public spending as the central bank keeps rates low and floods capital…
EU Set To Implement Bloc-Wide Vaccine Passport Standard
Via PlanetFreeWill.news, The European Union is set to recognize a standard for vaccine passports in a what is being pitched as a move to reignite travel within the bloc. While admitting that the use of such passports at the moment would be “premature” due to low vaccination rates amongst total populations, the EU says that…
Smith: Will Biden's Presidency Be A Catalyst For Secession… Or Worse?
Authored by Brandon Smith via Alt-Market.us, Over the past few months I have written a handful of articles which discussed what would probably happen if Joe Biden actually entered the White House and launched his administration. My initial belief was that Trump would refuse to concede and that this would be a trigger for national…
After Two Weeks Of Sleeping On Cold Marble, Congress Boots National Guard To Local Parking Garages
After two weeks of sleepless nights protecting Washington DC from an alleged inauguration threat that never materialized, thousands of National Guardsmen were booted from Congressional grounds on Thursday, where they were forced to sleep on marble floors, and have instead been forced to take their rest breaks in nearby parking garages, according to Politico. Photo…
Aramco's Carbon Emissions Could Be "Nearly Double" What The Company Discloses
It was no secret that leading up to Saudi Arabian Oil Co.’s IPO in 2019 that the company touted its low emissions compared to other producers. Chief Executive Officer Amin Nasser said while the company was doing its roadshows: “Not because our crude is cleaner than other crudes globally. It’s because of our standards. Even though…
American Hotels Experienced Worst Year Ever
According to STR, Inc, a hotel industry market data firm, 2020 was absolutely the worst year on record for hotels as industrywide profits fell to zero, as the virus pandemic and resulting government-enforced social distancing measures kept travelers at home. STR’s latest report said the US hotel occupancy rate was 44% for the year, down from…
Argentina Central Bank’s Sudden Dollar Shortage Sparks Fears Of Mass Corporate Credit Crisis
By Tyler Durden Despite Emerging Markets’ recent surge higher on the heels of a dumping dollar and massive global liquidity injections, at least one country is facing crisis rather than crescendo. MSCI Emerging Market stocks have soared… Source: Bloomberg YPF, a 99-year-old oil company that some have called Argentina’s flaghship company, is threatening a large-scale…
Japan To Cancel "Doomed" Olympics: Report
Senior members of the Japanese government have privately concluded that the Tokyo Olympics won’t happen this year due to the COVID-19 pandemic, and efforts have now shifted on securing the Games for the 2032 Olympics – the next available opportunity, according to The Times, whose source added that the winter virus spike ‘tipped the balance’…