Sports

Princeton University has officially become the 3rd Ivy League School, joining Harvard and Columbia, to cancel a team's sports season after the discovery of what university officials called "vulgar, offensive, misogynistic and racist” emails on a team listserv.  The Daily Princetonian reported that the men's swimming and diving team had be suspended for the remainder of the season after the alleged "offensive" messages prompted an official complaint to be filed by an anonymous source. 

"I don't believe any of this is a coincidence at all," explains TruthStream's Melissa Dykes.

"This is a coordinated effort to take everything that the government does not want people sharing online and slap labels on it: 'hate speech', 'cyber bullying', 'fake news', and now 'Russian propaganda' - mix it all together in a giant ball and justify censoring it. You can see, when you take a step back, how coordinated this effort really is."

By EconMatters

We discuss the massive drop in ESPN subscribers this year, and how this relates to those massive NBA Television Broadcasting Deals that were based upon much higher subscriber bases going forward, and how this filters down into larger salary caps for NBA Franchises leading to $20 Million Dollar annual player contracts guaranteed for 5 years.

After puking over $30 from post-Italy vote highs, gold prices are jumping this morning and have erased the losses. Silver is soaring, breaking back above $17, well above pre-Italy levels...

Last month we noted that ESPN lost 621,000 subscribers in the month of the October (see "ESPN Loses A Record 621,000 Subscribers In One Month").  Unfortunately, the sports media powerhouse can't seem to make the bleeding stop as evidenced by another 555,000 subscriber losses this month as reported by Nielsen.  For those keeping track, that's roughly 1.2mm in sub losses in just two months, which, at $7 of revenue per sub, represents about $100mm of lost annual revenue for ESPN's parent company, Disney.