Stock-Drop-alypse Wow - Gold Soars As Kamikaze Kuroda Strikes Again
Remember Wednesday night... after Facebook crushed it...
Overheard behind the scenes at CNBC today...
You are here
Europe
Amid Rising Fears Of Nuclear Power Plant Sabotage & Terrorism, Belgium Hands Out Iodine Pills To Entire Population
One month after we learned that the Brussels suicide bombers had planted hidden cameras at the home of the top Belgian nuclear official, we now learn that in a disturbing continuation of this story, the entire population of Belgium will be receiving iodine tablets, which helps to limit the effects of radiation on the body, as fears increase around the security of its nuclear power plants.
Jim Bianco Warns "The Risk Of An 'Accident' Is Very High"
In an interesting interview with Finanz und Wirtschaft, Bianco Research president Jim Bianco discusses a variety of topics such as negative interest rates turning the entire credit process upside down, bank balance sheets being even more complex and concentrated than before the financial crisis, energy loans being an accident waiting to happen, the markets having veto power over the Fed, and gold having more room to run.
* * *
Why Canada's Oil Industry May Never Be The Same
Submitted by David Yager via OilPrice.com,
Never is a long time. The dictionary definition is, “at no time in the past or future; on no occasion; not ever.” In the volatile oil and gas industry, those who try to look that far into the future and predict anything with certainty are invariably wrong. Here’s hoping.
Germany Moves To Ban Refugees From Welfare; Politician Calls For "Islam Law" To Limit Influence
The initial refugee welcome in Germany is rapidly turning to rejection as the nation plan to ban EU migrants from most unemployment benefits for five years after arrival as a senior German politician has called for an "Islam law" that would limit the influence of foreign imams and prohibit the foreign financing of mosques in Germany.