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Zero Hedge

31 POSTS

China Millionaires To Double By 2025 As America Fades Into Darkness

Rising wealth in China and the number of millionaires and the middle class is set to increase through the midpoint of this decade as the country grows more affluent and smarter.

Futures Jump As Coordinated Central Bankers Push Back On Inflation Fears

US equity futures rose on Wednesday, rebounding from a modest dip the day before as more central-bank officials joined the chorus predicting that inflationary pressures are transitory, while a recent dip in bond yields supported Nasdaq futures climb for a third straight session.

Goldman Steamrolls Iran Oil Output Fears, Sees Crude Hitting $80 In Months

Toward the end of Q1, Goldman Sachs along with virtually every other major bank, predicted that oil had nowhere else to go but up, with bank after bank hiking their oil forecast.

Cryptos Crash After China Again Vows Crackdown On Mining And Trading

Another day, another attempt by China - where the reception of the digital yuan has been a total disaster so far much to Beijing's complete humiliation - to crash Crypto, with Reuters and Bloomberg reporting moments ago that just two days after the PBOC barred financial institutions from accepting bitcoin as payment, China's vice premier Liu He said (at 11pm on Friday local time) that China will crack down on bitcoin mining and trading activities, which of course is what we already knew.

Has The Mainstream Media Finally Turned Against Bill Gates?

Not long after we pointed out a report from the Daily Beast which traced the tensions in the marriage of Bill and Melinda Gates to Bill's relationship with convicted pedophile Jeffrey Epstein, the Wall Street Journal has followed up with more reporting that confirms that Melinda Gates started consulting divorce attorneys as far back as 2019, before the pandemic thrust her husband back into the global spotlight as the world's de facto vaccine czar.

Colonial Says Pipeline Segments Being “Brought Back Online”, Goal Is For Service To Be “Substantially Restored” By End Of Week

With fears growing that the Colonial shutdown could last for much longer than initially expected, with some analysts warning that a 5-day shutdown could lead to sharply higher prices, and the Biden admin activating a state of emergency to make sure that critical gasoline supplies continue to flow up the eastern seaboard, moments ago Colonial Pipeline issued an update on its attempts to restore operations, saying that "segments of our pipeline are being brought back online in a stepwise fashion" and that the goal now is to "substantially" restore operational service by the end of the week.

The Energy Crisis That No One Is Talking About

We live in a world where words are very carefully chosen.

At Record Highs, Copper “Is The New Oil” & Could Be A Double From Here

On the heels of record highs in Iron Ore and Steel earlier this week, as commodity demand soars on the back of economies emerging from COVID lockdowns (demand) and various supply chain/operational issues (supply); copper prices surged to an all-time high this morning as Chinese investors unleashed fresh demand following a five-day holiday.

Bill Gates Transfers $1.8 Billion In Stocks To Melinda Amid Divorce

The family office has long been seen as a piggy bank for the Bill and Melinda Gates Foundation.

California Proposes A Ban On Advanced Math Classes

In the name of equality, the California Department of Education seeks to dumb down the brightest kids.

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