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The Petrodollar Is Under Attack: Here's What You Need To Know

September 22, 2017 - 6:25am
The Petrodollar Is Under Attack: Here's What You Need To Know

Authored by Darius Shatahmasebi via TheAntiMedia.org,
Once upon a time, the U.S. dollar was backed by the gold standard in a framework that established what was known as the Bretton-Woods agreement, made in 1944. The dollar was fixed to gold at a price of $35 an ounce, though the dollar could earn interest, marking one notable difference from gold.

Tweeting While the Planet Burns

September 21, 2017 - 2:00pm

It's January 2025, and within days of entering the Oval Office, a new president already faces his first full-scale crisis abroad. Twenty-four years after it began, the war on terror, from the Philippines to Nigeria, rages on. In 2024 alone, the US launched repeated air strikes on 15 nations (or, in a number of cases, former nations), including the Philippines, Burma, Pakistan, Afghanistan, Yemen, the former Iraq, the former Syria, Kurdistan, Turkey, Saudi Arabia, Egypt, Tunisia, Libya, Mali, and Nigeria.

Pine River Closing Master Fund Following Surge In Redemptions

September 19, 2017 - 2:38am
Pine River Closing Master Fund Following Surge In Redemptions

Back in January 2016, we reported that Pine River Capital Management, then run by noted hedge fund investor Steve Kuhn, was shuttering its Fixed Income fund, and returning roughly $1.6 billion to investors. The wind down was surprising for one of the industry's most prominent names: Kuhn was one of four managers who helped the Pine River Fixed Income Fund score some of the industry's biggest gains. They included a 93% return in 2009, fueled largely by bets on the housing market.

Gold, Guns, and Natural Disasters

September 18, 2017 - 11:26pm
Gold, Guns, and Natural Disasters

Before a forecast tropical storm, residents of a coastal floodplain keep one eye trained on the weather as they go about their daily business.  
Wary investors keep an eye out for potential political, geopolitical, as well as natural disasters.
Homeowners on the Gulf of Mexico take precautions against the potential for wind and water damage, as do market-minders seek indemnity from inflation and recession, up and down markets, changing tax policy, and potential for catastrophe. 

Cholera Fears Rise Following Atlantic Hurricanes: Are We Making Any Progress?

September 15, 2017 - 11:13pm

As hurricanes barrel through some of the most impoverished communities in the Western Hemisphere, and as floods ravage Yemen, Sierra Leone, Bangladesh and India, now is the time to rethink and prioritize cholera epidemic prevention and response.
In the aftermath of Hurricane Matthew in 2016, a surge of cholera in Haiti increased the death toll from the disease. Officials in Haiti this week are already urging people to add bleach to their drinking water to prevent the spread of cholera in the aftermath of Irma. 

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