30 July, 2016 by The TZ Newswire Staff Comments Off on US Government Entitlements – The Sixth Biggest Economy On Earth
US Government Entitlements – The Sixth Biggest Economy On Earth
Because the main street economy is failing, the nation’s entitlement rolls have exploded. About 110 million citizens now receive some form of means tested benefits. When social security is included, more than 160 million citizens get checks from Washington.
30 July, 2016 by The TZ Newswire Staff Comments Off on Hot air balloon catches fire, crashes in TX, leaving 16 dead
Hot air balloon catches fire, crashes in TX, leaving 16 dead
Texas state police confirmed that 16 people died in the crash of a hot-air balloon, which hit power lines and burst into flames.
30 July, 2016 by The TZ Newswire Staff Comments Off on The vast majority of the world’s billionaires are — suprise! — in NYC : Report
The vast majority of the world’s billionaires are — suprise! — in NYC : Report
From Luxury Listings NYC: It’s not just Billionaire’s Row and Belgravia. A new study conducted by Richard Florida and the Martin Prosperity Institute’s Charlotta Mellander sets out to map this global geography of the super-rich — whose combined wealth exceeded $7 trillion in 2015. [more] … [more]
30 July, 2016 by The TZ Newswire Staff Comments Off on NewsWatch: Apple’s historic stock surge could confirm what Buffett already knew
NewsWatch: Apple’s historic stock surge could confirm what Buffett already knew
The second-biggest price gain in Apple’s stock is a welcome distraction from recent concerns about falling iPhone sales, and could confirm what Warren Buffett may have believed several months ago, that a bottom has already been seen.
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30 July, 2016 by The TZ Newswire Staff Comments Off on Why one analyst thinks oil and gas are trading in a ‘Bizarro World’
Why one analyst thinks oil and gas are trading in a ‘Bizarro World’
Tom Kloza, Global Head of Energy Analysis for the OPIS, compared oil and gas prices to an episode of ‘Seinfeld.’
30 July, 2016 by The TZ Newswire Staff Comments Off on This Canadian Oil ‘Ghost Town’ Is For Sale
This Canadian Oil ‘Ghost Town’ Is For Sale
In a shocking example of the fallout from low oil prices coupled with years of easy-money-enabled malinvestment, the collapse of Canada’s non-conventional oil production has forced a northern Alberta oil-boom-town to be put up for auction including 1200 person accomodation work-camp, hospital, gym, running track, and waste-water treatment plant.
After years of invincibility, the inevitable happened:
30 July, 2016 by The TZ Newswire Staff Comments Off on Gold Passes A Major Milestone
Gold Passes A Major Milestone
Submitted by Brandon Ferro of Only Prices Matter
Gold Now in a Sustained, Structural Bull Market; On Average, History Suggests ~175% Incremental Upside