Economy & Finance

Trump Launches $12 Billion Strategic Mineral Stockpile To Counter China; Rare Earth Stocks Jump The Trump administration is preparing to launch a major initiative aimed at protecting US manufacturers from disruptions in the supply of critical minerals, committing about $12 billion in initial funding to build a strategic stockpile of essential materials, according to Bloomberg. The […]

Bill Maher Torches Virtue-Signaling Lefty Celebs For Ditching Causes Once They’re Not The ‘Current Thing’ After another awards show shitshow of anti-Trump-ism at The Grammy’s, Bill Maher has had it with Hollywood’s relentless virtue signaling, and during his latest monologue on his HBO show Real Time with Bill Maher. And he really let the glitterati

Futures Tumble As Plunging Metals And Bitcoin Spark Global Selloff, Margin Calls Stock futures slide extending Friday’s rout, although are well off session lows, with aggressive unwinds across commodities and a crypto rout adding to the risk-off mood and sparking cross-asset margin calls. As of 8:00am ET, S&P 500 futures are down 0.4%, rebounding from a

‘Out Of Stock’: As Lunar New Year Looms, AsiaPac Dip-Buyers Emerge In Gold “I came to buy because the price of gold dropped today,” said Ng Beng Choo, a 70-something retiree who arrived early in the morning at the headquarters of Singapore‘s United Overseas Bank (UOB), the city-state’s only bank offering physical gold products to

Oil Prices Tumble 5% Amid Signs Of US-Iran De-escalation Authored by Tsvetana Paraskova via OilPrice.com, Oil prices dropped by more than 5% on hopes that U.S.–Iran tensions may be easing. President Trump suggested Iran is engaged in serious talks, dampening fears of military escalation. Analysts said broader market weakness and election-year politics added to the

FAA To Allow 44 SpaceX Starship Launches From Kennedy Space Center Per Year Authored by T.J. Muscaro via The Epoch Times (emphasis ours), The Federal Aviation Administration (FAA) will allow SpaceX to launch its behemoth Starship from Kennedy Space Center in Florida 44 times per year. SpaceX’s mega rocket Starship is prepared for a test

Light At The End Of The Tunnel Emerges For US East After Weeks Of Winter Madness A sharp reversal in US natural gas futures was seen early Monday after skyrocketing prices in the second half of January, when dangerously cold air and a major winter storm triggered freeze-offs across critical NatGas infrastructure. The weather-driven supply

“Never Seen Risk Like This Before In My Career”, Ed Dowd Warns Via Greg Hunter’s USAWatchdog.com, Former Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com warned in December we were “At the Beginning of Credit Destruction Cycle.”  Renowned hedge fund BlackRock was the latest victim of credit destruction with this week’s headline that said, “BlackRock

Waste Of The Day: NYC Healthcare Fund Is Out Of Cash Authored by Jeremy Portnoy via RealClearInvestigations, Topline: Former New York City Comptroller Brad Lander claims one of the city’s health insurance funds has “no path to solvency” after labor unions used it to cover pay raises, Weight Watchers and more. Key facts: New York’s