It is the 21st of November 2017

News

Gold Gains As Stocks Slide, Yield Curve Crashes, & Dollar Dumps

Economic Data continues to surprise to the upside (compared to what had been terrible expectations)...is this as good as it gets?

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Is It A Bird? A Plane? No, It's A Giant Penis: Navy Apologizes For Pilot's Pornographic Sky-Writing

Residents of Okanogan County, Washington woke up to some rather unusual cloud formations this morning courtesy of a couple of artistic Navy pilots stationed in nearby Whidbey Island.  Not surprisingly, the giant sky penis, which was described as the "most monumental thing to happen in Omak" by one Twitter user, sparked a wave of hilarious social media responses.

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Zimbabwe: Reports That All Ten Branches Of Mugabe's Zanu PF Party Passed No Confidence Votes

NewsDay, the privately-owned Zimbabwe newspaper, is reporting that all the provincial branches of President Mugabe’s party have passed votes of no confidence in his leadership.

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Bitcoin Surges Near $8000 Record Highs After Venezuela Default

We have already discussed the hyperbitcoinization of the Venezuelan economy and it appears, judging by the most recent surge, that tonight's 'official' default events for the sovereign (and PDVSA) have triggered a further rush to the 'safety' of a decentralized store of wealth...

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Trump Could Add North Korea To List Of State Sponsors Of Terror Next Week

Just two days after President Donald Trump returned from his 12-day tour of Asia with new assurances that China would do more to economically pressure North Korea, the White House abruptly revealed Thursday that President Trump is considering returning North Korea to the State Department’s list of state sponsors of terrorism - a decision that would likely outrage North Korea’s leadership at a time when tensions between the US and North appear to be on the wane.

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