PODCAST: DHP Villains: Woodrow Wilson, Part 10

The Most Expensive Science Lesson in European History Authored by James Hickman via SchiffSovereign.com, On March 11, 2011, a magnitude 9.0 earthquake struck off the coast of Japan and triggered a massive tsunami that slammed into the Fukushima Daiichi nuclear power plant. Three of the plant’s six reactors melted down, and it became the worst nuclear disaster since Chernobyl. On the other side of the world, German Chancellor Angela Merkel panicked. Her government had extended the operating lives of Germany’s 17 nuclear reactors just five months earlier. But, because of the earthquake in...

US Suffers Heavy Casualties In Iranian Strike On Saudi Base As Houthis Enter War With Missile Launches On Israel Summary Houthis enter the war: Houthis launch their first missile barrage on Israel since Operation Epic Fury. Red Sea shipping could once again be under direct threat. Serious US casualties in Saudi base assault: Iran fired six ballistic missiles and 29 drones at Saudi Arabia’s Prince Sultan air base in a Friday attack that wounded at least 15 troops: AP. Late-night strike targeted Bushehr Nuclear Power Plant (for third time of war). Gulf states under sustained fire,...

Terrible 2Y Auction: Biggest Tail In 3 Years, Dealers Highest Since 2022 With both foreign and domestic investors dumping gold (and anything else not nailed down) to fund oil, at its brand sparkling new price of $170 (in Asia), we were wondering how long before the lack of disposable cash hits US debt. We got the answer today at just after 1pm when we got the results of today's $69 billion 2Year bond auction. In a nutshell, it was terrible. The auction priced at a high yield of 3.936%, up from...