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  1. Scorpio

    U.S. Crude Inventories Are The Highest Since The Great Depression

    U.S. Crude Inventories Are The Highest Since The Great Depression January 27th, 2016 Tyler Durden: In case you were under the impression that oil was stabilizing, we thought this chart might help clarify just how “different” it is this time in the energy complex… U.S. crude inventories are at...
  2. Scorpio

    Is The Gold Price Manipulated? Part II

    Is The Gold Price Manipulated? Part II Feb. 18, 2016 8:14 AM ET | Includes: GLD Arkadiusz Sieroń Summary Do central banks also suppress oil, copper and practically all commodities? Why would the U.S. central bank want to smash the price of gold? Why so many gold investors believe in...
  3. Scorpio

    Gold Prices Need More Negative Interest Talk To Rally Higher

    Gold Prices Need More Negative Interest Talk To Rally Higher – CME Economist By Kitco News Thursday February 18, 2016 15:40 (Kitco News) - The gold market is going to need another paradigm shift if it is going to see another rise similar to last week, which pushed prices to a one-year high...
  4. Scorpio

    More Good News On The Gold Front

    More Good News On The Gold Front Thursday February 18, 2016 17:57 While fundamental analysis is necessarily confined by events (including rumors, fears and passing asteroids), the good news in gold is that it continues to show a life of its own beyond acting as a safe haven. As of 3PM in New...
  5. Scorpio

    liberals and socialists watching out for the little guy

    Venezuela Raises Fuel Prices By More Than 6,000 Percent By Nick Cunningham 3 hours ago In a televised-address on February 17, Venezuelan President Nicolas Maduro delivered some crushing news to his country. To address the fiscal crisis facing the country, the government decided to raise...
  6. Scorpio

    German 'bail-in' plan for government bonds risks blowing up the euro

    German 'bail-in' plan for government bonds risks blowing up the euro 'If I were a politician in Italy, I'd want my own currency as fast as possible: that is the only way to avoid going bankrupt,' said German 'Wise Man' The London Debt Conference in 1953, when much of Germany's debt was...
  7. Scorpio

    Did Mark Cuban and the Dow Just Prove Goldbugs Right?

    Did Mark Cuban and the Dow Just Prove Goldbugs Right? Source: JT Long of The Gold Report (2/12/16) When celebrity investor Mark Cuban announces to the world that he is investing in gold, is that a sign that the ride up is just getting going, or that it has already peaked? The Gold Report...
  8. Scorpio

    perfect timing for this:

    Hollywood hospital pays hackers $17,000 ransom to restore computers By Priya Anand Published: Feb 18, 2016 10:55 a.m. ET Hollywood Presbyterian Medical Center paid hackers who locked its computer network down for 10 days $17,000 to bring it back online, the hospital’s president and chief...
  9. Scorpio

    Bitcoin group scores funds from biggest names in industry

    Bitcoin group scores funds from biggest names in industry By Daniel Roberts 20 hours ago Bitcoin-related businesses raised more venture capital money in 2015 than in any year before: $485 million, according to industry news site CoinDesk. And yet, even as they court more VC interest, these...
  10. Scorpio

    Keep Long Gold Positions; Metal Has Seen Its Floor - Veteran Trader

    video at link: Keep Long Gold Positions; Metal Has Seen Its Floor - Veteran Trader Wednesday February 17, 2016 15:58 (Kitco News) - As gold prices come off a stellar rally last week, Kitco’s global trading director Peter Hug says he remains optimistic on the market. Gold prices have been...
  11. Scorpio

    How Illinois’ Budget Bedlam Is Causing a $10 Billion Shortfall

    How Illinois’ Budget Bedlam Is Causing a $10 Billion Shortfall By Martin Matishak 15 hours ago . View photo How Illinois’ Budget Bedlam Is Causing a $10 Billion Shortfall The messy budget situation in Illinois, one of the country’s largest economies, became even worse Wednesday afternoon...
  12. Scorpio

    Iran snubs Doha proposal, won't freeze oil output

    They do have a good point Iran snubs Doha proposal, won't freeze oil output By ALI AKBAR DAREINI 18 hours ago . View photo FILE -- In this Sept. 30, 2015, file photo, oil pumps work in the desert oil fields of Sakhir, Bahrain. Russia’s energy minister, Alexander Novak, said, Tuesday...
  13. Scorpio

    1200 feels like the 300

    don't know how many were around back then, but the 1200 in gold now feels like the 300 did back then. where the constant news was CB's selling tonnes of gold, everyone hated it. It would poke its nose above the 300 only to get beat back down again. Fluctuating between the lows and 320 for what...
  14. Scorpio

    Here’s why speculation that China is mass-selling U.S. Treasurys could be true

    Here’s why speculation that China is mass-selling U.S. Treasurys could be true By Ellie Ismailidou Published: Feb 17, 2016 4:38 p.m. ET Belgium might be the key to the riddle troubling the market AFP/Getty Images Is China liquidating large amounts of U.S. government debt? Speculation...
  15. Scorpio

    Gravity Waves Detected, Verifying Einstein’s Theory

    Gravity Waves Detected, Verifying Einstein’s Theory Scientists announced they have directly detected gravitational waves for the first time, verifying an unproven portion of Einstein’s Theory of General Relativity. WSJ's Robert Lee Hotz reports. Photo: Laser Interferometer Gravitational-wave...
  16. Scorpio

    The apartment boom may be waning

    The apartment boom may be waning By Andrea Riquier Published: Feb 17, 2016 11:34 a.m. ET Builders still say they’re having trouble finding labor and lots Getty Images Housing starts fell unexpectedly in January. A long-awaited shift from building multi-family housing units to...
  17. Scorpio

    Donald Trump rips Apple for opposing order

    Donald Trump rips Apple for opposing order to unlock San Bernardino suspect’s phone By Robert Schroeder Published: Feb 17, 2016 2:09 p.m. ET ‘Who do they think they are?’ Republican front-runner asks Getty Images ‘We have to open it up,’ Donald Trump says about a phone used by one of...
  18. Scorpio

    Devalue or Die; Negative interest rate wars have begun

    Devalue or Die; Negative interest rate wars have begun Tuesday, February 16, 2016 by Sol Palha of Tactical Investor Don't part with your illusions. When they are gone, you may still exist, but you have ceased to live. Mark Twain The “devalue or die” currency wars are picking up steam...
  19. Scorpio

    Apple to fight order to help FBI unlock shooter's iPhone

    Good for Apple IMO, once again the fed trying to trash everyone and trample right to privacy because of one loser. Apple to fight order to help FBI unlock shooter's iPhone Apple Inc. CEO Tim Cook says his company will fight a federal magistrate's order to help the FBI hack into an encrypted...
  20. Scorpio

    Young Saudis See Cushy Jobs Vanish Along With Nation’s Oil Wealth

    Young Saudis See Cushy Jobs Vanish Along With Nation’s Oil Wealth By BEN HUBBARDFEB. 16, 2016 Photo Saudi men leaving a mosque in Riyadh last year. For decades, the royal family has used the kingdom’s immense oil wealth to lavish benefits on its people, including free education and medical...