If Gold Is Dead Money, What Does That Make Fiat?
Written by Nathan McDonald (CLICK FOR ORIGINAL)
NIRP (Negative Interest Rate Policy) is an often shocking term, and has been the woe of many in retirement. It is a plague that European policy makers have unleashed on many of their citizens, and it very well could be coming to North America before you know it.
Submitted by Wim de Vriend via OilPrice.com,
The LNG Glut and the Golden Age of Gas, Part 1
‘Where are all the LNG postponements?’ was the puzzled, plaintive warning heard from Oil & Gas experts Wood Mackenzie last September. Besides the new Australian and American terminals preparing to ship out well over 100 Mtpa (Million tones per annum), of LNG, a second wave that size was making its way through the permitting process.
Submitted by David Stockman via Contra Corner blog,
By now, the only people in the world who are not aware that Vancouver has been overrun by Chinese "hot money-parking" oligarchs, who rush to buy any and every available real estate leading to such grotesque charts as the following showing the ridiculous surge in Vancouver real estate prices...
At the beginning of May the planet Mercury is set to travel in front of the sun in a rare event that we will be able to see from Earth. The planet will not travel between our planet and the sun again for another three and a half years. Businessinsider.com reports: Here’s everything you need to know to watch. The transit of Mercury occurs when Mercury passes between the Sun and Earth, and happens around 13 or 14 times each century. This year the event kicks off on May 9 just after 7am EDT (9pm AEST, 11am UTC), with the planet taking around 8 hours to make its glorious way across the Sun.