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  1. Scorpio

    Mansion prices tumble as oil rout hits Houston's rich

    Mansion prices tumble as oil rout hits Houston's rich 12 / 17 Reuters By Terry Wade and Anna Driver 11 hrs ago Prices for mansions in Houston's swankiest neighborhood have tumbled in lock-step with crude prices. The Houston Opera has offered free season tickets to patrons who lost their...
  2. Scorpio

    Quite the little shindig,

    Justice Scalia spent his last hours with members of this secretive society of elite hunters 16 / 17 The Washington Post Amy Brittain, Sari Horwitz 1 hr ago © AP Photo/Jim Mone, File FILE - In this Oct. 20, 2015 file photo, Supreme Court Justice Antonin Scalia speaks at the University of...
  3. Scorpio

    Commerzbank: Gold Premium Over Platinum Hits Record

    Commerzbank: Gold Premium Over Platinum Hits Record Wednesday February 24, 2016 10:35 Gold continues to outperform platinum and silver as the yellow metal benefits from safe-haven flows in 2016, says Commerzbank. The gold/silver ratio has climbed to over 80, its highest level since December...
  4. Scorpio

    Fed's George Urges FOMC to Keep March on the Table for Rate Hike

    Fed's George Urges FOMC to Keep March on the Table for Rate Hike Steve Matthews SteveMatthews12 February 23, 2016 — 3:42 PM CST Federal Reserve policy makers should be prepared to consider raising interest rates in March despite recent financial market volatility, said Kansas City Fed...
  5. Scorpio

    Gold the 'Superhero' May Shoot Up to $1,400: Top Forecaster

    Gold the 'Superhero' May Shoot Up to $1,400: Top Forecaster Ranjeetha Pakiam February 23, 2016 — 7:03 PM CST Updated on February 24, 2016 — 6:03 AM CST OCBC's Gan says bullion may surge should risk aversion jump Price seen at $1,000-$1,150 year-end as Fed will still tighten Gold may...
  6. Scorpio

    Modern Military

    Just heard someone talking about the number of applicants rejected for admission to the armed forces has now increased to over 70%. the rejection reasons were health, education ie stupidity, and other. Supposedly the vast majority was stupidity. to which we can all ask, wtf? It is your...
  7. Scorpio

    1 in 4 Americans on verge of financial ruin

    1 in 4 Americans on verge of financial ruin By Catey Hill Published: Feb 23, 2016 5:31 a.m. ET Shutterstock.com / VGstockstudio The rich keep getting richer. The rest of us aren’t so lucky. According to a survey released Tuesday by Bankrate.com of more than 1,000 adults, nearly one in four...
  8. Scorpio

    Trump and Carrier

    By now most should have heard that Carrier Air Conditioning is closing their US plants and moving all production to mehico, Not a peep out of oatsama, the great union president, the great working class president, not a fookin' word, Anyway, Trump came on and blasted them. Said no problem, do...
  9. Scorpio

    Important development

    We have been thru the demand charts showing the exiting of etf's from the metals markets, this shows a reversal of that trend. Positive development. Commerzbank: Two-Day Inflow Into Gold ETFs Most Since 2010 Tuesday February 23, 2016 09:21 Gold continues to flow into exchange-traded funds at a...
  10. Scorpio

    J.P. Morgan’s ‘London Whale’ spouts off: ‘For no good reason, I was singled out’

    J.P. Morgan’s ‘London Whale’ spouts off: ‘For no good reason, I was singled out’ By Lucy McNulty and Gregory Zuckerman Published: Feb 23, 2016 9:32 a.m. ET Trader Bruno Iksil breaks nearly four years of silence AFP/Getty Images The trader at the center of the “London Whale” trading...
  11. Scorpio

    The robots are coming for jobs that pay $20 an hour or less, White House finds

    The robots are coming for jobs that pay $20 an hour or less, White House finds By Steve Goldstein Published: Feb 23, 2016 6:42 a.m. ET It’s intuitive that automation will take low-wage jobs. But the White House, in its annual economic report of the president, has broken down just how much...
  12. Scorpio

    Long-Term Gold Bulls Need To Bide Their Time And Be Patient

    Long-Term Gold Bulls Need To Bide Their Time And Be Patient Monday February 22, 2016 10:15 (Kitco News) - Global stocks are rallying and the U.S. dollar is posting solid gains. In the short-term, gold is being held hostage to outside market dynamics and the risk-off attitude has triggered...
  13. Scorpio

    Gold rebounds on fund inflows and equities drop

    PRECIOUS-Gold rebounds on fund inflows and equities drop * Gold rebounds from 1.6 pct fall on Monday * SPDR adds a further 19 tonnes of gold * China and India turn sellers as gold prices rally (Updates throughout, changes dateline from SINGAPORE) By Clara Denina LONDON, Feb 23 Gold rose by...
  14. Scorpio

    Oil, Copper Fade with Risk Trade while Gold Holds Up ahead of G20

    Oil, Copper Fade with Risk Trade while Gold Holds Up ahead of G20 Tuesday, February 23, 2016 by Nathalie Huynh of DailyFX DailyFX.com - Commodities, stocks gave back gains due to market re-positioning upon macro risk: Brexit, China stimulus, G20 summit. Gold is in favor again Talking...
  15. Scorpio

    As U.S. shale sinks, pipeline fight sends woes downstream

    As U.S. shale sinks, pipeline fight sends woes downstream By Tom Hals 16 minutes ago A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver By Tom Hals WILMINGTON, Del. (Reuters) - Within weeks, two low-profile legal disputes may determine whether an...
  16. Scorpio

    IEA warns consumers of spike in oil prices

    IEA warns consumers of spike in oil prices The International Energy Agency (IEA) is warning consumers not to let cheap oil lull them into a false sense of security amid forecasts of a price spike by 2021. In a report, the IEA said it expects prices to start recovering in 2017. But it...
  17. Scorpio

    The US coal industry is falling apart. Here's the surprising reason why.

    The US coal industry is falling apart. Here's the surprising reason why. Updated by David Roberts on February 22, 2016, 10:00 a.m. ET @drvox david@vox.com The US coal mining industry is collapsing. Consider this remarkable fact, from a new report by the Rhodium Group: The four largest US...
  18. Scorpio

    The Walking Dead: Something is Rotten in the Banking System

    The Walking Dead: Something is Rotten in the Banking System February 12th, 2016 Pater Tenebrarum: A Curious Collapse – Ever since the ECB has begun to implement its assorted money printing programs in recent years – lately culminating in an outright QE program involving government bonds...
  19. Scorpio

    Russell Napier Forecasts Negative Rates in the US as Deflationary Pressures Spread

    Russell Napier Forecasts Negative Rates in the US as Deflationary Pressures Spread FS Staff02/17/2016 Russell Napier, author of Anatomy of the Bear and co-Founder of the Electronic Research Interchange (or ERIC), explains why he sees further deflation and deleveraging moving forward, and why he...
  20. Scorpio

    What is the Point Spread on WW III?

    What is the Point Spread on WW III? Bob Moriarty Archives Feb 20, 2016 Boobus Americanus seems to utterly have lost the ability to think for themselves. So when the totally controlled US media mumbles on about how Al Assad needs replacing, no American could dream of asking, "Why? What did he...