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Crude Oil News

Daily Energy Standup Episode #93 De-dollarization is a result of the Biden policies, OPEC + has a direct message to Biden, and he has no response – Quaid documentary on the grid looks great – and two bankrupt power plants.

April 3, 2023 Andy Del Prado

De-dollarization is a result of the Biden policies, OPEC + has a direct message to Biden, and he has no response – Quaid documentary on the grid looks great – and two bankrupt power plants. […]

Deflation
Bankruptcy

Debt Deflation: “The Adjustment To Reality Is Likely More Violent Than Anything Seen In The ’70s”

April 2, 2023 Mariel Alumit

Authored by Alasdair Macleod via GoldMoney.com, Deflating the credit bubble The theme of this article is debt deflation. How likely is it that the downturn in broad money supply will continue, and if so, why? […]

Crypto

The US Government Sold Almost 10,000 ‘Silk Road’ Bitcoin Last Week

April 1, 2023 Mariel Alumit

The United States government has been selling bitcoin confiscated from the Silk Road case in 2013. As Turner Wright reports at CoinTelegraph.com, a March 31 filing with U.S. District Court for the Southern District of […]

Finance

Can Russia and China succeed in dethroning the dollar?

April 1, 2023 Mariel Alumit

From: Counting the Cost Since being shut out of much of the global financial system, Russia has sought alternatives to soften the effects of Western sanctions. It has turned to China for an economic lifeline […]

Price
Finance

Dow Jones Futures: Nasdaq Tops 12,000 With Inflation Report Due; Big News For Tesla

March 30, 2023 Mariel Alumit

Dow Jones futures edged higher overnight, along with S&P 500 futures and Nasdaq futures, with attention turning to the Federal Reserve’s favorite inflation report, the PCE price index. Aehr Test Systems (AEHR) headlined earnings after […]

Finance

Fed Balance Sheet Dips As Deposit-Run Eases While Bankers Blast Biden’s Premature Re-Regulation

March 30, 2023 Mariel Alumit

President Biden is calling on regulators to tighten the rules for mid-sized banks, making the political point to ‘roll back Trump era rules’, ensuring everyone knows – despite the fact that it is not true […]

Yellen
Climate Crisis

Yellen calls climate change ‘existential threat’ after GOP lawmaker labels it ‘Trojan horse’ for spending

March 30, 2023 Mariel Alumit

Treasury Secretary Janet Yellen on Wednesday pushed back against a GOP congressman who voiced skepticism about the threat of climate change, suggesting the issue was being used by the Biden administration to secure funding and […]

Price
Finance

Nasdaq Leads Bullish Turn In Stock Market, But Still Must Clear These Potential Pitfalls

March 29, 2023 Mariel Alumit

The Persian new year holiday, known as Nowruz, began March 20. It treats the 13th day as special. In general, folks celebrate by going to a park or verdant outdoor area and releasing bad luck. […]

Bankruptcy

FDIC Weighs Squeezing Big Banks To Plug $23 BIllion Hole From Small Bank Failure Costs

March 29, 2023 Mariel Alumit

Yesterday, we explained that the reason why the stock price of First-Citizens Bank & Trust exploded on Monday after the FDIC revealed that it would “acquire” much of the now failed Silicon Valley Bank, is […]

Bankruptcy

Peter Schiff: Bank Regulations Aren’t The Solution; They Are The Problem

March 29, 2023 Mariel Alumit

Via SchiffGold.com, In the aftermath of the failure of Silicon Valley Bank and Signature Bank, everybody is trying to figure out what happened, who’s to blame, and what can be done to prevent it from […]

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