‘Israeli military vehicles have carried out a cross-border military incursion into the southern part of the besieged Gaza Strip. According to witnesses and local residents, four bulldozers escorted by military vehicles on Tuesday morning crossed into the Palestinian side of the border fence in the east of the city of Khan Younis and leveled fields […]

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Why did we focus so much attention yesterday on a post in which the IMF confirmed what we had said since last October, namely that the BOJ’s days of ravenous debt monetization are coming to a tapering end as soon as 2017 (as willing sellers simply run out of product)? Simple: because in the global fiat regime, asset prices are nothing more than an indication of central bank generosity. Or, as Deutsche Bank puts it: “Ultimately in a fiat money system asset prices reflect “outside” i.e. central bank money and the extent to which it multiplied through the banking system.” … Continue reading →

If you’re like me, you like beef. Some weeks I’ll consume a beef product every day for lunch. Beef is delicious and one of the best sources of protein and testosterone-boosting cholesterol and fat. And did I mention it’s delicious? But if you’re also like me, you don’t want to spend that much money on food. And if you’ve been paying attention to your grocery bill, the price of beef has gone up dramatically this year. I know a lot of guys who, when they hear the word “steak,” only think of strips, rib eyes, T-bones, and tenderloins; they think … Continue reading →

Winning a battle or moving valuable cargo around the world is no easy task. To be successful, sometimes you have to get creative and deceive your adversary. Often, the best strategy is to trick your opponent into underestimating you or to otherwise employ shifty subterfuge. 10 Operation Anadyr Photo via Wikipedia The Russians practice military deceit and denial so often that they have a specific term to describe the strategy: maskirovka. It was the basis for Soviet plans during the Cuban Missile Crisis (or what the Russians call the “Caribbean Crisis”). Top-level Soviets trusted no one, so they designed their … Continue reading →

A wave of brutal emotion suddenly submerged the populations of the NATO countries. People suddenly realised the drama of the refugees in the Mediterranean – a tragedy that has been going on for years to their complete indifference. This change of attitude is due to the publication of a photograph showing a drowned child washed up on a Turkish beach. It doesn’t matter that this photo is staged – the sea washes up bodies parallel to the waves, never perpendicular. It doesn’t matter that in less than two days, it was instantly reproduced on the front pages of almost all … Continue reading →

Central banking has metastasized into a mixture of insouciance and ignorance. Today’s crop of central bankers believe they’re the smartest people in the room who have all the answers and can manipulate every facet of the economy. This thinking creates the booms and busts, the recessions and depressions. Marc Faber, editor and publisher of the Gloom, Boom and Doom Report, believes 21st century banking and constant monetary policy interventions have created an environment where there are “no safe assets” anymore. Speaking in an interview with Bloomberg TV on Monday, Faber described how it was safer in the 1950s to deposit … Continue reading →

1. What’s the truth behind the story of the drowned boy Aylan Kurdi? There’s just so much that doesn’t add up. Starting with the fact that the boy’s name is actually Alan Shenu. His father Abdullah claims he and his family were fleeing the fighting in his ‘home town’ Kobani. Yet according to the Guardian they have been living in Turkey for three years – long before the fighting in Kobani started or indeed ISIS really existed – and before that in Damascus. In Turkey, their rent appears to have been paid for by a sister in Canada and they had over … Continue reading →

A stroll in the woods is nearly always an enjoyable endeavor; what’s not so enjoyable is discovering a red, itchy rash the next day. Each year, millions of Americans come in contact with poison ivy, poison oak, or poison sumac. While there are numerous other poisonous plants, these three are grouped together because they share a common irritant: an oily resin/sap called urushiol. This resin is potent — it only takes 1 nanogram to cause a reaction. And unfortunately, it coats all parts of these plants. While some of the characteristics we describe below aren’t necessarily unique to these plants, we’ll … Continue reading →