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Can $60 Oil Last?

October 30, 2017 Nick Cunningham 0

Brent is back at $60 for the first time in more than two years, but the big question is: Can crude hold onto its gains? Oil prices firmed up in recent weeks, but held back from key resistance points—roughly $60 per barrel for Brent, and around $55 per barrel for WTI. Oil traders were reluctant to test the upper limits of the “shale band” at $60, a threshold that has repeatedly forced traders to liquidate their bullish bets or get burned. Top analysts argue that it would take something really significant to allow oil to break above…

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Big Oil Urges OPEC: Keep Floor Under Oil Prices

October 30, 2017 Tsvetana Paraskova 0

The oil market and analysts already largely expect OPEC to extend the production cut deal beyond March 2018, which many feel would finally rebalance supply and demand.   OPEC’s new tagline is indeed all about restoring oil market stability and sustained stability in the global oil industry—these, OPEC says, are its main policy drivers. While the organization is said to favor extending the deal throughout 2018, and as its leader Saudi Arabia continues to spray the market with its ‘whatever it takes’ promises, now major…

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Bitcoin Price Analysis Signs of Divergence May Point to Potential Distribution Phase

After bouncing back and forth from $5100 to $6100, BTC-USD managed to squeeze out one more albeit short-lived all-time high. This article is going to present an update to the last discussion regarding the potential Wyckoff Distribution and provide a…

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Bitcoin-Related Jobs Fastest Growing Sector of International Employment

October 30, 2017 C. Edward Kelso 0

Bitcoin-Related Jobs Fastest Growing Sector of International EmploymentRiding a wave of record prices, and the growth in businesses created to service the cryptocurrency ecosystem, Bitcoin as a network and bitcoin as a currency are quickly becoming international job creators. According to popular employment-finding websites, last quarter alone saw a jump in related work offers.  Also read: How Money Got Free: Bitcoin and the […]

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Australia – weekly ANZ / Roy Morgan Consumer confidence: 113.4 (prior 113.3)

October 30, 2017 Eamonn Sheridan 0

Consumer sentiment weekly survey
Comes in at 113.4, slightly above its 4 week average (113.2)
This tends not to be much of an immediate market mover, but is useful as a guide to the consumer sector… which has been on the doldrums for a while this yea…

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Chris Whalen: “Glad I Am On A George Soros-Funded Blacklist Of Journalists”

October 30, 2017 Tyler Durden 0

At the end of his note today (via TheInstitutionalRiskAnalyst.com), Chris Whalen dropped the following bombshell…

Finally, we cannot fail to mention that The IRA’s Chris Whalen has been included in the list of enemies compiled by the minions of George Soros. 

 

We are in decidedly good company.  David Ignatius. Ann Coulter. The editor of The Nation. The “tout US journalism.”

 

Apparently everybody who is anybody in the world of media has earned the enmity of Mr. Soros, the architect of the Ukraine disaster and one of the world’s great war mongers

 

We bask in his scorn.

For anyone that knows Chris, this is certainly a shock to discover he is so subversive. In a tweet slamming the “authoritarian tilt of warmongers like Soros,” Whalen links to an excellent discussion by Renegade’s Claire Connellyand why black lists matter…

Connelly begins…

There’s a scene in Aaron Sorkin’s critically acclaimed political drama, The West Wing, where President Bartlet, (played by Martin Sheen) is in an argument with his communications director, Toby Ziegler, (played by Richard Schiff) over a speech he has to write condemning Hollywood for its gratuitous use of sex and violence in entertainment:

“…If I were an actor or a writer or uh, uh, uh, a producer in Hollywood and someone were to start coming at me with lists of things that were American and un-American I’d start to think that this was sounding eerily familiar.”

 

Bartlett replies: “Do I look like Joe McCarthy to you?”, to which Ziegler responds: “Nobody ever looks like Joe McCarthy, Mr President. How do you think they get in the door in the first place?”

Well, I’m afraid to say, Democracy 2.0 is having its own, new, modern-day McCarthy moment.

Some very disturbing things happened this week which I have been trying to high-road by ignoring and getting on with the job, but this has really stuck in my craw:

About a week ago, gazillionaire, George Soros, became a modern-day McCarthyist by publishing a report and accompanying excel document via European think tank “European Values” (which he funds, incidentally), listing hundreds of writers, journalists, celebrities, authors, academics, experts and ‘miscellaneous persons’ that have ever appeared on the Russia’s public broadcaster, Russia Today, tarring them as ‘useful idiots undermining Western democracy’.

RT is often accused of acting as a propaganda mouthpiece for Putin and his ‘lackeys’. More on this shortly.

The report lists 2327 US and UK politicians, political figures, diplomats and military leaders that have appeared on the the channel including Ron Paul, Bernie Sanders, Jill Stein, Ralph Nader, former Chief of Staff to Secretary of State Colin Powell, Lawrence Wilkinson, US Representative and Deputy Chair of the DNC, Keith Ellison and US National Security Advisor, Michael Flynn.

British figures named include former Mayor of London, Ken Livingston, British MP, Vince Cable, former Deputy Labour Prime Minister John Prescott, former UKIP leader, Nigel Farage and Leader of the Labour Party, Jeremy Corbyn.

The many, many, names ‘gracing’ Soros’ excel spreadsheet include my colleague and mentor, economist Professor Steven Keen, Wikileaks founder, Julian Assange, economist Professor Michael Hudson and feminist author and intellectual, Germaine Greer. Celebrities on the blacklist include SNL stars Fred Armison, Bill Hader and Alec Baldwin, Seinfeld star, Jason Alexander, and actresses Patricia Arquette and Christina Ricci. Fox News host Ann Coulter, journalist Seymour Hersh and MIT linguist Professor Noam Chomsky are also named, (at least I think he is named. Whoever compiled the document spelled his name wrong and referred to him as ‘Noah Chomsky’. I’m guessing it was some junior employ that helped build out the list because no seasoned researcher would misspell Chomsky’s name!). It even lists Virgin CEO, Richard Branson and Apple co-founder Steve Wozniak, along with tv show host, Piers Morgan. Even the Dalai Lama rates a mention. Download the full list for yourself here.

The blacklist is designed to discourage advertisers from doing business with RT, discourage broadcasters from hiring anyone that has ever appeared on the channel, and create an environment that discourages anyone and everyone from putting their careers at risk by associating themselves with the network.

This is textbook McCarthyism.

Read more here…

As Caitlin Johnstone explained

The plutocrats who own the media make alliances with the plutocrats who own the government, and the intelligence agencies which serve this establishment power structure actively infiltrate media outlets on all levels.

Which of course makes the current crusade against Russian state media ridiculous.

Your true rulers do not oppose RT and Sputnik because they want to protect you from propaganda and psy-ops, they oppose RT and Sputnik because they gum up the gears of the propaganda and psy-ops you’re meant to be consuming.

The only thing holding the omnicidal power structure in place is its propaganda machine, and as AI gets more advanced the manipulations of corporate propaganda and corporate censorship are only going to get more difficult to deal with. All it will take to overthrow the ruling elites who are choking our species to death is for us to kill the establishment propaganda machine and/or become much more difficult to propagandize.

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The Return Of Deepwater Oil

October 30, 2017 Nick Cunningham 0

In a historic auction for deepwater oil assets in Brazil, the oil majors showed up on October 27 and bought several offshore blocks, indicating a high level of interest in the country after a major policy overhaul allowed private investment. Royal Dutch Shell won half of the blocks that were offered, and Shell was already one of Brazil’s largest foreign investors. After purchasing BG Group for around $50 billion, Shell took a large presence in Brazil. The logic behind Shell’s strategy is that the company argues it can breakeven with…

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