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WTI Jumps Above $50 On Report US Prepping Sanctions Against Venezuela Oil Industry

WTI Jumps Above $50 On Report US Prepping Sanctions Against Venezuela Oil Industry

After both Brent and WTI rose above their respective 50DMAs on Friday, capping 2017's best weekly rally for oil, the rising tide is accelerating as the latest CFTC COT data confirmed, when net specs boosted bullish Nymex WTI crude oil bets by 27K net-long positions to 423K, the highest in two months, as producers continued to cover short hedges, sending their net position to the most bullish since the summer of 2015.

WSJ Asks "Who Paid For The 'Trump Dossier'?"

WSJ Asks "Who Paid For The 'Trump Dossier'?"

Authored by Kimberley Strassel via The Wall Street Journal,

Democrats don’t want you to find out - and that ought to be a scandal of its own...

It has been 10 days since Democrats received the glorious news that Senate Judiciary Chairman Chuck Grassley would require Donald Trump Jr. and Paul Manafort to explain their meeting with Russian operators at Trump Tower last year. The left was salivating at the prospect of watching two Trump insiders being grilled about Russian “collusion” under the klieg lights.

Wasserman-Schultz And The Pakistani IT Scammers: "There's More Than Just Bank Fraud Going On Here"

Wasserman-Schultz And The Pakistani IT Scammers: "There's More Than Just Bank Fraud Going On Here"

Authored by Andrew McCarthy via National Review,

There’s more than bank fraud going on here.

In Washington, it’s never about what they tell you it’s about. So take this to the bank: The case of Imran Awan, Debbie Wasserman Schultz’s mysterious Pakistani IT guy, is not about bank fraud.

"It's Time To Retaliate": Putin Expels 755 U.S. Diplomats

When Russia warned on Friday that it would retaliate proportionately after it announced it would seize two diplomatic compounds used by the US in Russia and added that it would reduce the number of US diplomatic service staff in the country to equal the number of Russian diplomats in the US by September 1, calculated by the local press at 455, it wasn't joking.

Reality TV: America’s Next Top White House Staffer

Via The Daily Bell

I was pretty sure before, but now I am entirely convinced. The executive branch of the U.S. government is simply a reality TV show. It is the latest entertainment from the man who brought you The Apprentice.

And boy does he know how to keep the attention on him.

What the media couldn’t grasp during the entire election is that there is no such thing as bad publicity.

“Yes but in politics…” No. Wrong. Maybe in the past, there were exceptions. But probably not, as Presidential campaigns from the beginning were pretty ridiculous.

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