HSBC Lost $200 Million In One Day When The Gold Market Broke
ZeroHedge - May 13th 2020 7:45pm EDT HSBC Lost $200 Million In One Day When The Gold Market Broke Tyler Durden Wed, 05/13/2020 – 19:45 Last week, we discovered precisely which bank got hammered by the violent divergence between the spot and future price of gold. As we reported, “HSBC had 15 “back-testing exceptions” in January and March, when the firm was […]
992 Billion Reasons Why The Fed Needs Another Market Crash In The Next Few Weeks
ZeroHedge - May 13th 2020 7:25pm EDT 992 Billion Reasons Why The Fed Needs Another Market Crash In The Next Few Weeks Tyler Durden Wed, 05/13/2020 – 19:25 Speaking in a video conference organized by the Peterson Institute, turbo money printer Jerome Powell today reassured the market that negative rates are not something the Fed – which expanded its balance sheet by […]
In Stunning Move, Flynn Judge Appoints Gotti Prosecutor To Argue Against DOJ Dismissal
ZeroHedge - May 13th 2020 7:05pm EDT In Stunning Move, Flynn Judge Appoints Gotti Prosecutor To Argue Against DOJ Dismissal Tyler Durden Wed, 05/13/2020 – 19:05 The judge in the Michael Flynn case has gone full activist – refusing to dismiss the case after the Department of Justice requested to drop charges so that an outside party could file an opposition briefing […]
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
ZeroHedge - May 13th 2020 6:45pm EDT Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk Tyler Durden Wed, 05/13/2020 – 18:45 Authored by Simon Watkins via OilPrice.com, At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existential threat to its continued […]
Was Professor Panic’s Flawed Computer Model Virtue-Signaling To His Radical Climate Activist Lover?
ZeroHedge - May 13th 2020 6:25pm EDT Was Professor Panic’s Flawed Computer Model Virtue-Signaling To His Radical Climate Activist Lover? Tyler Durden Wed, 05/13/2020 – 18:25 An analysis of computer models used by Professor Neil Ferguson to predict that millions would die of COVID-19- models on which Western leaders had based the ongoing lockdowns – have been torn to shreds. Some have […]
92% Of Cook County COVID-19 Victims Had Pre-Existing Conditions
ZeroHedge - May 13th 2020 6:05pm EDT 92% Of Cook County COVID-19 Victims Had Pre-Existing Conditions Tyler Durden Wed, 05/13/2020 – 18:05 Authored by Ted Dabrowski and John Klingner via Wirepoints.org, A Wirepoints analysis of COVID-19 deaths from the Cook County Medical Examiner’s office reveals that 92 percent of victims from the virus had pre-existing medical conditions. The medical examiner’s database showed COVID-19 as […]
FBI ‘Mistakenly’ Releases 9/11 Bombshell In Court: Key Saudi Diplomat Who “Tasked” Hijackers Named
ZeroHedge - May 13th 2020 5:45pm EDT FBI ‘Mistakenly’ Releases 9/11 Bombshell In Court: Key Saudi Diplomat Who “Tasked” Hijackers Named Tyler Durden Wed, 05/13/2020 – 17:45 It’s being called “a complete government cover-up of the Saudi involvement” according to 9/11 victims’ families who are in a lengthy ongoing lawsuit seeking to expose Saudi involvement in 9/11 and US efforts to cover […]
Republicans Win First Democrat-Held California House Seat Since 1998
ZeroHedge - May 13th 2020 5:25pm EDT Republicans Win First Democrat-Held California House Seat Since 1998 Tyler Durden Wed, 05/13/2020 – 17:25 Update (1005ET): Democratic state Assemblywoman Christy Smith conceded in the special election in California’s 25th District and she congratulated Republican Mike Garcia as the “likely victor,” though the race has yet to be officially called. Authored by Daniel Payne and […]
Stocks & Bond Yields Tumble On Beijing Blowback, A Fearful Fed, & Billionaire Alarm Bells
ZeroHedge - May 13th 2020 4:00pm EDT Stocks & Bond Yields Tumble On Beijing Blowback, A Fearful Fed, & Billionaire Alarm Bells For the second day in a row, it was not pretty in equity market land… Small Caps are worst on the week, followed by Trannies with Nasdaq best but still down hard… The mega-techs begin to catch down to the […]
“Worse Than 2008” – American Pension Funds Report Record Losses In Q1
ZeroHedge - May 13th 2020 3:47pm EDT “Worse Than 2008” – American Pension Funds Report Record Losses In Q1 Last month, Mitch McConnell shocked investors and infuriated several colleagues when he mentioned during a radio interview with a conservative talk show host that he would prefer giving states the ability to file for bankruptcy protection before allowing federal coronavirus money to bail […]
From RussiaGate To ObamaGate & The End Of Boomerville
ZeroHedge - May 13th 2020 3:31pm EDT From RussiaGate To ObamaGate & The End Of Boomerville Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, From the beginning of the story RussiaGate was always about Barack Obama. I didn’t always see it that way, certainly. My seething hatred for all things Hillary Clinton is a powerful blind spot I admit to […]
Latest Sentiment Survey Shows Reasons Behind Consumer Confidence Devastation
ZeroHedge - May 13th 2020 3:15pm EDT Latest Sentiment Survey Shows Reasons Behind Consumer Confidence Devastation While Goldman may be confident that the worst is ver for the US economy, which is now “through the trough”… … it is an different question entirely how long it will take before things return to normal, and according to the latest consumer confidence survey conducted […]
Has Demand For Oil Already Peaked?
ZeroHedge - May 13th 2020 2:59pm EDT Has Demand For Oil Already Peaked? Authored by Nick Cunningham of Oilprice.com, Oil prices continue to rise on the prospect of a rebound in fuel demand as economies begin to reopen. But there is a large difference between oil demand rising from recent lows and actually growing relative to pre-COVID-19 trends. In other words, demand […]
Unmasking The Unmaskers: Biden, Brennan, Clapper, & Powers Named In DNI Grenell List
ZeroHedge - May 13th 2020 2:46pm EDTUnmasking The Unmaskers: Biden, Brennan, Clapper, & Powers Named In DNI Grenell List Acting Director of National Intelligence Richard Grenell has released a list of Obama administration officials involved in ‘unmasking’ of former National Security Adviser Michael Flynn. 🚨BREAKING🚨 Acting DNI @RichardGrenell has released names of Obama Administration officials who requested @GenFlynn Unmasking. Biden, Comey, […]
A Third Of Americans Will Remain In Quarantine Even If Instructed To Get Back To Normal Life And Work
ZeroHedge - May 13th 2020 2:35pm EDT A Third Of Americans Will Remain In Quarantine Even If Instructed To Get Back To Normal Life And Work Last week we pointed out perhaps the most critical distinction as the US begins the long and arduous process of recovery from the coronavirus pandemic: that voluntary lockdowns are worse than official ones as they can’t […]
Sorting Fact From Fiction Amid The Infodemic
ZeroHedge - May 13th 2020 2:20pm EDT Sorting Fact From Fiction Amid The Infodemic Authored by Sharyl Attkisson via JustTheNews.com, As health officials and the public have worked hard to sort fact from fiction during an emerging and new health crisis, it has become clear that they — and we — do not always have accurate information at hand. There are three […]
Are Mysterious Call Option Purchases Forcing Tesla Stock Higher?
ZeroHedge - May 13th 2020 2:05pm EDT Are Mysterious Call Option Purchases Forcing Tesla Stock Higher? One topic that is occasionally brought up by Tesla skeptics, but rarely examined in depth, has been a litany of out of the money call buying in the name that appears to be occurring, relatively aggressively, on a weekly basis. While the buying could be attributed […]
Record Big 30Y Treasury Auction Tails Amid Mediocre Demand
ZeroHedge - May 13th 2020 1:21pm EDT Record Big 30Y Treasury Auction Tails Amid Mediocre Demand A week of record sized refunding treasury auctions has concluded with today’s sale of $22 billion in 30Y paper, which as we discussed last week, was the largest auction of this tenor in history. However, unlike the 3Y and 10Y auctions which priced earlier this week, […]
China Preparing “Punishment Measures Against Members Of Congress” In Response To Anti-China Litigation
ZeroHedge - May 13th 2020 12:59pm EDT China Preparing “Punishment Measures Against Members Of Congress” In Response To Anti-China Litigation Earlier today, we published the latest note from Rabobank’s Michael Every, who warned that “US-China Relations Are About To Fall Off A Cliff”, following the sharp escalation in diplomatic (and military) tensions between the US and China in recent days, which he […]
Armed Militia Helps Reopen Michigan BarbershopÂ
ZeroHedge - May 13th 2020 12:44pm EDT Armed Militia Helps Reopen Michigan Barbershop Armed militia members have pledged their support to an Owosso, Michigan barbershop that opened last week in defiance of Gov. Gretchen Whitmer’s stay-at-home order. A Facebook Live video surfaced on Saturday morning (May 9), broadcasted by Mid-Michigan NOW, showing dozens of people standing in front of the barbershop. Some were waiting for haircuts while others, armed […]
Stocks Tumble As Tepper Says Market “Most Overvalued Since The Bubble Of 1999”
ZeroHedge - May 13th 2020 12:31pm EDT Stocks Tumble As Tepper Says Market “Most Overvalued Since The Bubble Of 1999” On a day when the market commentary of “big rich guy” investors has earned a public rebuke from the president himself, we suspect more than the usual number of viewers tuned in to hear David Tepper, the founder of hedge fund Appaloosa […]
Facebook Creates Lobbying Group To Argue Big Tech Is “Essential To Free Speech”
ZeroHedge - May 13th 2020 12:20pm EDT Facebook Creates Lobbying Group To Argue Big Tech Is “Essential To Free Speech” Authored by Steve Watson via Summit News, Facebook is setting up an advocacy group in Washington DC with the sole aim of preventing the US government from regulating the company. The lobbying group will claim that big tech is (vomit bags at […]
John Brennan Concealed ‘High-Quality’ Intelligence That Russia Wanted Hillary Clinton To Win: Report
ZeroHedge - May 13th 2020 12:00pm EDT John Brennan Concealed ‘High-Quality’ Intelligence That Russia Wanted Hillary Clinton To Win: Report Former CIA director John Brennan suppressed intelligence which indicated that Russia wanted Hillary Clinton to win because “she was a known quantity,” vs. the unpredictable Donald Trump, according to Fox News’ Ed Henry. During a Tuesday night discussion with Tucker Carlson, Henry […]
CNN Poll Finds That… People Trust CNN
ZeroHedge - May 13th 2020 11:40am EDT CNN Poll Finds That… People Trust CNN Authored by Paul Joseph Watson via Summit News, A new poll conducted by CNN has found that people trust CNN. Yes, really. CNN’s Brian Stelter proudly posted the results of the poll, which purports to show significantly more people trust the news network when it comes to coronavirus […]
NJ Governor To Residents: COVID-Test-Deniers Will Not Be Allowed To Leave Home To Get Groceries
ZeroHedge - May 13th 2020 11:20am EDT NJ Governor To Residents: COVID-Test-Deniers Will Not Be Allowed To Leave Home To Get Groceries At his May 12 press conference, Governor Jay Inslee laid out the plans for the statewide contact tracing initiative. “[The initiative] is robust, it is vigorous and it is comprehensive, and it needs to be all three to be successful,” […]
