China Warns Soros Against Starting A Currency War: “You Cannot Possibly Succeed, Ha, Ha”

George Soros may have broken the BOE and may well have been at least partially to blame for the Asian Financial Crisis, but he will not win an FX battle with the PBoC. At least that’s Beijing’s message to the…

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Markets Are In The “Eye Of The Storm”, Trader Warns

Traders on the NYSE clapped and cheered when the closing bell sounded on Friday as though a couple of green closes somehow made up for the outright chaos that’s reigned throughout the month. Oil may technically have entered a new…

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“Is The Bottom In?” – BofA Answers The Question Everyone Is Asking

On Wednesday, as the Dow Jones plunged by over 550 points and the S&P dropped by 15% from its all time highs seen last summer, many speculated – most notably Tom DeMark – that the relentless selloff had finally hit…

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Top Economist – Who Predicted the 2008 Crash – Confirms What Alternative Financial Sites Have Been Saying for a Decade

William White is one of the world’s top economists. He was the head economist for the Bank for International Settlements (BIS) – the world’s most prestigious financial institution, called the “central banks’ central bank – comprised of the world’s central…

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Someone Is Wrong Here

On the one hand, there is the WSJ finally peddling the same fiction we have warned about for the past 7 years. And then there is the government furiously “unpeddling non-fiction“:   Who is wrong we wonder, and so does…

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Slumlord’ Buffett’s “Disturbing Business Model” To Be Probed By Feds

He walked them through Clayton-built homes on the lot, then into the sales center, passing a banner and posters promoting one subprime lender: Vanderbilt Mortgage, a Clayton subsidiary. Inside, he handed them a Vanderbilt sales pamphlet. “Vanderbilt is the only…

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Former Federal Prosecutor Says Hillary Clinton Could Be Indicted Within 60 Days (Or FBI Will Revolt)

The leaking of the Clinton emails has been compared to as the next “Watergate” by former U.S. Attorney Joe DiGenova this week, if current FBI investigations don’t proceed in an appropriate manner. The revelation comes after more emails from Hilary Clinton’s…

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The Chinese Central Bank Just Pulled A Martin Shkreli

Something very dramatic happened overnight to currency traders who were short the offshore Yuan, or the CNH: they were crushed  by the Chinese Central Bank. Specifically, as we reported last night, the overnight HIBOR, or deposit rate in the offshore…

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“How Bad Could This Get?”

Just one month ago, Bank of America’s equity strategist Savita Subramanian told Barrons to stay the course and to expect a 2,200 year end target on the S&P based on a year end 125 EPS forecast and an implied 17.6x…

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Doctors Urge California Residents “Leave Now… While You Can” As Gas Leak Fears Grow

Submitted by Claire Bernish via TheAntiMedia.org, California Governor Jerry Brown finally declared a state of emergency on Wednesday, concerning the ongoing, currentlyunstoppable methane gas leak spewing from Aliso Canyon that has created a nightmare for residents of Porter Ranch. “I…

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