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Commodities Weekly: Gold below $1,200 as Turkey tremors boost dollar

Many commodities are falling victim to the dollar’s strength as risk-aversion trades gain popularity. Most agricultural assets are suffering from supply overhangs while metals continue to take the cue from gold and head lower. Oil prices have struggled to rally despite some supply-side issues. Precious metals GOLD broke through the 1,200 mark yesterday for the […]

USD/ZAR touches two year high on Turkey contagion

Turkey attempts to calm markets USD/TRY retreated from record highs above 7.00 struck early in today’s trading as markets took notice of comments from Turkish authorities on Sunday that they have drafted a stability plan. Turkey’s central bank said it had lowered reserve requirement ratios for banks to free up liquidity and assured markets that […]

Euro touches lowest in more than a year as Turkey effect continues

Turkey says it has an action plan The EUR touched a 13-month low versus the US dollar as trading got underway this week, with markets preparing for more turmoil involving the Turkish lira. The seemingly unstoppable downward spiral in Turkey’s currency and economy is raising concerns about European banks’ exposures to the country helped spark […]

Bunker Mentality: Start Preparing for Ecological & Economic Disaster Free Of Corporate Overlords

Authored by Robert Bridge via The Strategic Culture Foundation, Let’s face it: reading stories about the ongoing destruction of planet Earth, the life-sustaining blue marble that all of us – aside from maybe Elon Musk – are permanently trapped on, has got to be one of the least-favorite topics of all time. The reasons are […]

Number Of “McRefugees” Sleeping In Hong Kong McDonald’s Jumps 600%

The number of Hong Kong residents sleeping overnight at McDonald’s has increased 600% over the past five years, driven in part by the city’s sky-high rents and substandard housing amid an unbearably hot summer, a study has found.  The survey, organised by Junior Chamber International’s Tai Ping Shan branch and conducted in June by volunteers, […]

Giving Trump Carte Blanche For War

Authored by John Kiriakou via ConsortiumNews.com, Have you ever heard of Senate Joint Resolution 59 (S.J.Res. 59)? Neither had I. A friend of mine saw a blurb about it on an obscure national security blog and brought it to my attention. At first glance it didn’t seem to be any big deal. It’s inelegantly named […]

In Shocking UN Accusation, China Said To Hold 1 Million Uighur Muslims In “Massive Internment Camps”

A breaking report based on findings of a United Nations human rights panel accuses China of holding up to one million ethnic Uighurs in what the report says resembles a “massive internment camp that is shrouded in secrecy”. The minority ethno-religious group concentrated in the western Chinese province of Xinjiang has found itself under increased persecution and oversight […]

World Remains Blind To “Ticking Time Bomb” Counting Down To War On Australia’s Doorstep

A “TICKING time bomb” on Australia’s doorstep is counting down to war – and an expert says the world is blind to it. Authored by Gavin Fernando viaNews.com.au, A MAJOR new war is looming – and this one sits worryingly close to home. Asia is at risk of descending into a region-wide crisis with global […]

“Leave Immediately” – CNN Records Chinese Warnings Aboard Naval Flight Near Artificial Islands

In the latest serious incident to further prove that China is militarizing its rapidly expanding set of man made islands in one of the most hotly contested bodies of water in the world, a US Navy plane flying 16,500 feet over the South China Sea was unexpectedly contacted by the Chinese and warned to “Leave immediately and […]

Paul Craig Roberts: “Is There Enough Of America Left To Be Saved?”

Authored by Paul Craig Roberts, As many readers of this website have noticed, the United States has lost its character and become a dysfunctional society. In place of a largely homogeneous population once united in veneration of the Constitution, there exists today massive diversity which Identity Politics has used to disunite the population into separate […]