Independent thinking for complex markets and current events
Cocoa prices have soared 44% over the last nine months to seven-year highs as the global cocoa bean deficit worsens for the second consecutive year. “The cocoa market has experienced a remarkable surge in prices … This season marks the second consecutive deficit, with cocoa ending stocks expected to dwindle to unusually low levels,” S&P …
via businessinsider: The US should expect the dollar’s share of global reserves to slowly decline, but no alternatives exist that could completely displace the greenback, Treasury Secretary Janet Yellen said on Tuesday. Her comments came during a Housing Financial Services Committee in response questions about the risk of de-dollarization. Asked by Rep. Warren Davidson, R-Ohio, …
Hedge funds are continuing to bet against short-dated Treasuries, extending their record selling streak as wagers mount that the Federal Reserve’s tightening cycle is far from over. https://t.co/98PnJfM6c7 pic.twitter.com/fFQVUQb7Hp — Mo Hossain (@MoHossain) June 12, 2023 🚩 Deutsche Bank expects an imminent default wave, with a peak in the fourth quarter of 2024. It forecasts …
via thecountersignal: The World Economic Forum (WEF) Great Reset agenda was on full blast recently after the organization published a blueprint to drastically cut the number of personal vehicles globally from 1.45 billion to 500 million by the year 2050. WEF demands 75% global reduction of cars by 2050 If achieved, the massive cut to …
Authored by James Rickards via DailyReckoning.com, On Aug. 22, about 2½ months from today, the most significant development in international finance since 1971 will be unveiled. It involves the rollout of a major new currency that could weaken the role of the dollar in global payments and ultimately displace the U.S. dollar as the leading …
The globalist elites have a solution for all those surplus human beings. By 2050, we’ll have 10 billion mouths to feed – on a finite planet. Tuck into something that could change the world: https://t.co/F03i29fbCR pic.twitter.com/3oULnVW0kf — World Economic Forum (@wef) May 30, 2022 via france24: Since November, the global population has officially crossed eight …
via SCHIFFGOLD: A large sale by Turkey in April caused global central bank reserves to fall for the first time in over a year, even as central bank gold buying continued. Official global reserves dropped by 71 tons in April, according to the latest data collected by the World Gold Council. While the overall drop …
The viruses have turned up in mammoth wool, Siberian mummies, prehistoric wolves, and the lungs of an Influenza victim buried in Alaska’s permafrost. And scientists say there’s more to come. An international team of researchers from institutions in Russia, Germany and France warns that ‘the risk of ancient viral particles remaining infectious’ has been underestimated. …
by BoatSurfer600 Some of the countries in Europe whose economies have a high share of manufacturing are witnessing enormous contraction in cyclical activity. Higher interest rates are taking a toll on economic activity. Source: Sagar Singh LinkedIn With China's economy being pulled into the global recession and with no real way to escape from it, …
In a discovery that is likely to excite opponents of the fossil fuel industry, scientists claim to have developed technology that can use any material to generate energy out of thin air, provided the air is humid enough. The study, led by University of Massachusetts at Amherst engineering professor Jun Yao, examined the use of nanopores …
I’m excited by the positive momentum around the Global Health Emergency Corps at last week’s #WHA76. It’s critical that countries don’t let their guard down and join the effort to build a strong global network to help prevent and contain pandemic threats. https://t.co/qraK78Dz3p — Bill Gates (@BillGates) May 30, 2023 His new profile picture … …
Guest Post by Ryan McMaken, Editor of the Mises Wire at Mises.org: Last week, Fox News aired a segment discussing the possibility that the US dollar will cease to be the global reserve currency and what that would mean for Americans. The tone of the piece suggested that a “catastrophic” decline of the US dollar was not …
Egg prices are exploding in the United States as the food supply chain crisis spirals out of control. A new Bloomberg report exposed that food costs are rising uncontrollably all across America, reaching the highest level since May 1979.A few years back, American consumers could actually fill up an entire shopping cart full of food …