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Economy

Former Federal Reserve Chairman Ben Bernanke under questioning from Congressman Ron Paul (see video below) stated with conviction and confidence that gold is stockpiled en masse by central banks only “because of tradition,” implying the precious metal really has no monetary value. But if you’re like Wade Hodges, you have a slightly different take on

Last time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global financial crisis.  Since the start of 2015, 42 North American oil companies have filed for bankruptcy, 130,000 good paying energy jobs have been lost in the United States, and

Article first appeared at thedailysheeple.com by Joshua Krause Thedailysheeple  -Global warming believers always say that climate skeptics are guilty of wishful thinking, and that they’re letting politics and emotions get in the way of indisputable scientific truths. Time and again they say that climate skeptics are cherry picking the data, and are

Article first appeared at thedailysheeple.com by Melissa Dykes Thedailysheeple – It is being referred to as Cthulhu-geddon. Squid have washed up on Santa Maria Island off Chile this week in what some have described as biblical proportions. Thousands of dead and dying squid are piled up on the shore. While some squid normally

Article first appeared at thedailysheeple.com by Joshua Krause Thedailysheeple – For those of you old enough to remember a time when gas was cheap, you probably experience plenty of nostalgia every time you watch an old movie, and catch a glimpse of a gas station with sub-dollar prices. Believe it or not,

It looks like it is going to be another chaotic week for global financial markets.  On Sunday, news that Iran plans to dramatically ramp up oil production sent stocks plunging all across the Middle East.  Stocks in Kuwait were down 3.1 percent, stocks in Saudi Arabia plummeted 5.4 percent, and

Did you know that 15 trillion dollars of global stock market wealth has been wiped out since last June?  The worldwide financial crisis that began in the middle of last year is starting to spin wildly out of control.  On Friday, the Dow plunged another 390 points, and it is

Article first appeared at thedailysheeple.com by Joshua Krause Thedailysheeple – Though it hasn’t seen much circulation in the American media, the rest of the world has been thoroughly appalled by a string of sexual abuse cases stemming from a UN peacekeeping mission in the Central African Republic. Over the course of 14

Article first appeared at Thedailysheeple.com by Joshua Krause   Thedailysheeple – It’s been nearly a year since the American public was first made aware of the notorious Homan Square jail in Chicago. Though perhaps “jail” isn’t the right word for this place. At least in American jails there is some faint enforcement of human

It was another day of utter carnage on Wall Street.  The Dow was down another 364 points, the S&P 500 broke below 1900, and the Nasdaq had a much larger percentage loss than either of them.  The Russell 2000 has now fallen 22 percent from the peak, and it has