• WTI Tumbles Below $63 After Crude Draw Extends JCPOA Uncertainty Losses

    ZeroHedge - May 19th 2021 10:35am EDT

    WTI Tumbles Below $63 After Crude Draw Extends JCPOA Uncertainty Losses Much like the rest of the world’s assets (except gold), oil prices are plunging this morning as broader markets tumbled on inflation concerns (and liquidity-based stress from crypto/tech carnage) and talks over the Iran nuclear deal add to concerns over increased supplies as traders eye the […]

  • JPMorgan Sees Bitcoin “Fair Value” At $35,000 Amid Institutional Liquidations

    ZeroHedge - May 19th 2021 10:16am EDT

    JPMorgan Sees Bitcoin “Fair Value” At $35,000 Amid Institutional Liquidations We were amused (and noted as much) yesterday when we read that according to the latest BofA Fund Manager Survey, Wall Street professionals were convinced that “long bitcoin” was the most crowded trade in May. As we explained, the simple reason why this is impossible […]

  • Rabo: Markets Are Struggling To Understand What Is Happening To Our “Infinite Game”

    ZeroHedge - May 19th 2021 9:59am EDT

    Rabo: Markets Are Struggling To Understand What Is Happening To Our “Infinite Game” By Michael Every of Rabobank Finite and Infinite Great Games Spending time on social media is a great way to pollute one’s mind with ill-informed idiocy, bile, narcissism, and the most trivial of all trivia – which is why we all spend […]

  • ECB Warns Of “Elevated” Financial Stability Risks Amid “Remarkable Exuberance”

    ZeroHedge - May 19th 2021 9:36am EDT

    ECB Warns Of “Elevated” Financial Stability Risks Amid “Remarkable Exuberance” In what some have dubbed a repeat of Greenspan’s “irrational exuberance” description of the dot-com bubble in the 1990s, this morning the ECB warned in its Financial Stability Review (in which it used the word “exuberance” at least 8 times), that the euro-area faces “elevated” […]

  • Coinbase And Binance Users Report Issues Or Outages As Cryptos Crash 

    ZeroHedge - May 19th 2021 9:23am EDT

    Coinbase And Binance Users Report Issues Or Outages As Cryptos Crash  With more than a trillion dollars in wealth wiped out in crypto markets as Ether crashes 40% and Bitcoin traders around $33k, popular cryptocurrency exchange platforms, such as Coinbase and Binance, are reporting issues and or outages across the US.  Downdector reports Coinbase users began to experience […]

  • Auditor: Information Deleted From Maricopa County Election Machine Has Been Recovered

    ZeroHedge - May 19th 2021 9:06am EDT

    Auditor: Information Deleted From Maricopa County Election Machine Has Been Recovered Authored  by Zachary Stieber via The Epoch Times, The information that was allegedly deleted from a Maricopa County election machine has been recovered, an auditor told state lawmakers on Tuesday. Ben Cotton, founder of CyFIR, one of four firms working on the 2020 election audit, said […]

  • Tesla Slides As April Data Shows Collapse In Chinese Sales

    ZeroHedge - May 19th 2021 8:45am EDT

    Tesla Slides As April Data Shows Collapse In Chinese Sales Tesla shares tumbled on Wednesday morning (with everything else), in part as a result of the latest data out of China which showed a stark drop in sales. Last month, the company’s growth “slowed precipitously” after weeks of controversy that started with a protest at […]

  • Crypto Markets Lose Over $800 Billion In A Week As Bitcoin Bloodbath Accelerates

    ZeroHedge - May 19th 2021 8:25am EDT

    Crypto Markets Lose Over $800 Billion In A Week As Bitcoin Bloodbath Accelerates Well that escalated quickly… The total market cap of the cryptocurrency space has crashed by more than $800 billion since its peak last week, from over $2.5 trillion on May 12th to just above $1.7 trillion this morning (the lowest since March)… […]

  • Watch: Communist Professor Declares That US Was Defeated In “Biological War” With China

    ZeroHedge - May 19th 2021 8:05am EDT

    Watch: Communist Professor Declares That US Was Defeated In “Biological War” With China Authored by Steve Watson via Summit News, A professor with close ties to the Communist Chinese Government has declared that his country ‘defeated’ the U.S. in 2020, winning a biological war, and putting America ‘back in it’s place’. The comments were made […]

  • Everything Is Crashing: Stocks, Bonds, Crypto, Commodities All Tumble

    ZeroHedge - May 19th 2021 7:49am EDT

    Everything Is Crashing: Stocks, Bonds, Crypto, Commodities All Tumble Everything is tumbling! Global stocks and US index futures fell for the third straight session, led by the Nasdaq 100, bonds and commodities dropped and crypto crashed ahead of today’s release of the April Fed minutes after the ECB warned the euro-area faces elevated risks to financial […]

  • Europe Finally Opens Doors To Vaccinated Tourists As Denmark Leads Reopening Push

    ZeroHedge - May 19th 2021 7:15am EDT

    Europe Finally Opens Doors To Vaccinated Tourists As Denmark Leads Reopening Push Across the EU, borders are reopening to tourists from the US, UK and antipodes as a group of diplomats meeting in Brussels officially signed off on the plan. The European Commission, the unelected committee of bureaucrats that handles most of the bloc’s executive […]

  • Peter Schiff Warns Tucker Carlson: The Coming Financial Crisis Will Be Worse Than The Pandemic

    ZeroHedge - May 19th 2021 6:30am EDT

    Peter Schiff Warns Tucker Carlson: The Coming Financial Crisis Will Be Worse Than The Pandemic Via SchiffGold.com, Consumer Price Index (CPI) data for April came in much hotter than expected. Year-on-year, inflation is up 4.2%. The big number even prompted Federal Reserve Vice Chairman Richard Clarida to say, “We were surprised by higher than expected inflation data.” Peter Schiff […]

  • La Nina Turbocharges Drought In Brazil Putting World’s Coffee, Sugar, & Oranges At Risk

    ZeroHedge - May 19th 2021 5:45am EDT

    La Nina Turbocharges Drought In Brazil Putting World’s Coffee, Sugar, & Oranges At Risk Global crop and food prices are skyrocketing to multi-year highs, and the culprit could be due to La Nina, a weather pattern characterized by the cooling of the equatorial Pacific and triggers atmospheric shifts that cause droughts in some regions of the […]

  • Robert Charles: Defend Israel… Or Prepare For Wider Conflict

    ZeroHedge - May 19th 2021 5:00am EDT

    Robert Charles: Defend Israel… Or Prepare For Wider Conflict Authored by Robert Charles via RealClearDefense.com, More than 18,000 rockets have been fired on Israel by terrorist Hamas in the last week.  That is not an accident.  It is provocation.  The only question is – who pushed that button?  Knowing Israel defends itself, who wants conflict?  […]

  • Energy Companies Must Immediately Halt All New Projects For World To Meet Paris Accord Target, IEA Report

    ZeroHedge - May 19th 2021 4:15am EDT

    Energy Companies Must Immediately Halt All New Projects For World To Meet Paris Accord Target, IEA Report At a time when the consequences of surging inflation are finally being felt by the population angered by higher gas prices, the International Energy Agency – an influential NGO first launched to respond to global oil supply shocks […]

  • Church Of Sweden Announces That It Is “Trans”

    ZeroHedge - May 19th 2021 3:30am EDT

    Church Of Sweden Announces That It Is “Trans” Authored by Paul Joseph Watson via Summit News, The Church of Sweden has published an open letter signed by a long list of priests, deacons, and other church staff, proudly announcing that it is “trans.” Whatever that means. The Church of Sweden represents Europe’s largest Lutheran denomination […]

  • “Tough On Russia” Biden Blinks – Waives Sanctions On Company Overseeing Nord Stream 2 Pipeline

    ZeroHedge - May 19th 2021 2:45am EDT

    “Tough On Russia” Biden Blinks – Waives Sanctions On Company Overseeing Nord Stream 2 Pipeline In his continuing drive to show that he’s getting “tough” on Russia, Biden has blinked. Axios’ Jonathan Swan reports a major development Tuesday related to Washington’s push to prevent the Russia-Germany natural gas pipeline Nord Stream 2 from being completed: the US administration […]

  • EU Has A New Crisis… A Frenchman Named Barnier Who Has Held It Hostage

    ZeroHedge - May 19th 2021 2:00am EDT

    EU Has A New Crisis… A Frenchman Named Barnier Who Has Held It Hostage Authored by Martin Jay via The Strategic Culture Foundation, Curiously, it might well be Michel Bernier who emerges as a veiled presidential anti-EU runner in France’s presidential elections in 2022 as his latest whacky idea could be the demise of the […]

  • China Resisting US Attempts At Nuclear Talks, Says UN Envoy

    ZeroHedge - May 18th 2021 11:45pm EDT

    China Resisting US Attempts At Nuclear Talks, Says UN Envoy In recent years the Trump administration had attempted to bring China into so-called trilateral arms control negotiations, which Beijing consistently balked at. Trump had considered landmark 20th century arms treaties with Russia to be “weak” due to not accounting for China’s rapidly advancing defense technology and […]

  • Will 2020 Prove To Be The Beginning Of The End Of Modernity?

    ZeroHedge - May 18th 2021 11:25pm EDT

    Will 2020 Prove To Be The Beginning Of The End Of Modernity? Authored by Daniel Boudreaux via The American Institute for Economic Research, Daniel Hannan – Lord Hannan of Kingsclere – is today among Britain’s wisest and most articulate champions of classical liberalism. He’s also today very pessimistic about the future of liberalism. This pessimism […]

  • Which Jobs Are Seeing The Fastest Wage Growth

    ZeroHedge - May 18th 2021 11:05pm EDT

    Which Jobs Are Seeing The Fastest Wage Growth While it is a well-known fact that most prices are surging, serving as the basis for the “transitory” inflation argument, it has been far more difficult to pinpoint what is really going on with wages as a result of the rapidly transforming fabric of the labor market […]

  • Organ Donation Worker Exposes China’s Money-Driven Transplant Industry

    ZeroHedge - May 18th 2021 10:45pm EDT

    Organ Donation Worker Exposes China’s Money-Driven Transplant Industry By Frank Fang of Epoch Times In China, state-run media have been promoting a job called “organ donation coordinators,” trumpeting how people in this line of work are making a difference in society. Their role is to convince families of dying patients to agree to donate their […]

  • India Reports 50 Doctors Dead In A Single Day As COVID Mortality Peaks

    ZeroHedge - May 18th 2021 10:25pm EDT

    India Reports 50 Doctors Dead In A Single Day As COVID Mortality Peaks As the number of confirmed cases in India has pulled back in recent days, but that didn’t stop India from reporting a record jump in daily deaths attributed to the virus on Tuesday as the total number of confirmed cases in the […]

  • Think Gas Shortages Are Bad? Buckle Up

    ZeroHedge - May 18th 2021 10:05pm EDT

    Think Gas Shortages Are Bad? Buckle Up Authored by Jason Isaac, op-ed via The Epoch Times, If the gas shortages plaguing the Southeast left you high and dry last week, buckle up. This is just a taste of our future under President Joe Biden’s energy policies. Though these shortages were largely driven by panic buying, rather than […]

  • Pelosi Joins Call To Boycott 2022 Winter Games Over China’s Human Rights Abuses

    ZeroHedge - May 18th 2021 9:45pm EDT

    Pelosi Joins Call To Boycott 2022 Winter Games Over China’s Human Rights Abuses With the Tokyo Summer Olympics expected to be the most underwhelming event in the history of the modern games (that is, if safety officials from the IOC ultimately allow it to continue), pressure for an international boycott of the 2022 Winter Games […]