Zero Hedge as a source...?

How do the PTB at ATS feel about members using Zero Hedge as a source?

Just wondering...

Thanks.

a reply to: SBMcG

Zero Hedge doesn't fail me often.

I find their journalist integrity level quite high.

a reply to: SBMcG

We like Tyler Durden.

Zero Hedge is pretty awesome.

OK, that's what i thought.

Thanks for the input everyone!

Y'all have a great week

My sweetheart had been a frequent poster there before he passed. He was a brilliant man, high IQ, PhD, big CT fan. He knew every theory to the depths of detail, read everything, remembered everything with a photographic memory. He read that site all the time and trusted it.

a reply to: SBMcG

from Rational Wiki (a direct quote, I kid you not):

Zero Hedge is a bat# insane Austrian school finance blog run by two pseudonymous founders who post articles under the name "Tyler Durden," after the character from Fight Club.Wikipedia's W.svg It's essentially apocalypse porn. It has accurately predicted 200 of the last 2 recessions.[citation NOT needed]

rationalwiki.org...

A more detailed piece for you to make up your own mind on the reliability and accuracy of the site:

www.bloomberg.com...

To whet your whisle:

“It reminds me of a successful information operation where you mix in the propaganda stories along with other legitimate stories,” said Craig Pirrong, finance professor at the University of Houston. “There are some interesting things on it, and then there are the crazy things.”

Any website's focus on traffic and revenue certainly isn't unusual. But Lokey said he was irked by what he saw as the hypocrisy of Zero Hedge and how it runs counter to its antiestablishment image. In the chat transcripts, Ivandjiiski refers to America's “silent majority” as “beastly,” while Backshall acknowledges life in the U.S. is bad “outside of my bubble.”

originally posted by: AnonyMason
a reply to: SBMcG

We like Tyler Durden.

Zero Hedge is pretty awesome.

The news portion of the site is written by a group of editors who collectively write under the pseudonym "Tyler Durden" (a character from the novel and film Fight Club).

They must be alright though if this is true...

Economist and New York Times columnist Paul Krugman describes Zero Hedge as a scaremongering outlet that promotes fears of hyperinflation and an "obviously ridiculous" form of "monetary permahawkery." Krugman notes that Bill McBride of Calculated Risk, an economics blog, has treated Zero Hedge with "appropriate contempt."

Dr. Craig Pirrong, professor at the Bauer College of Business writes that "I have frequently written that Zero Hedge has the MO of a Soviet agitprop operation, that it reliably peddles Russian propaganda: my first post on this, almost exactly three years ago, noted the parallels between Zero Hedge and Russia Today."

You know if the main stream criticizes an outlet it must be less than fake news oriented.

Wiki

originally posted by: Galadriel
My sweetheart had been a frequent poster there before he passed. He was a brilliant man, high IQ, PhD, big CT fan. He knew every theory to the depths of detail, read everything, remembered everything with a photographic memory. He read that site all the time and trusted it.

Interesting to know. I'm sorry for your loss.

a reply to: FyreByrd

Just when I think the site leans right ideologically, they'll post a story that has a definite leftward slant.

I like zerohedge, but readily admit there is more than a little hyperbole there. It's a contrarian site that even when wrong, which is often, it gives excellent food for thought. It was really great in 2007-09 but like lots of people but who saw that crash coming could not guess how long governments and Central Banks of the world could keep the wheels spinning through various means. Much of the systemic damage done then still hides on the balance sheets of CBs and public debts around the world.

Zerohedge is a daily read for me, but I'd caution everyone else to show the same skepticism towards it that it shows to everything else.

They are all nonsense.

Zero hedge is the Drudge Report of economic news.

As a general rule, if a source doesn't violate the terms & conditions, it's fair game.

As best I can tell, Zero Hedge tends to use mainly commercial media and other blogs as sources, and doesn't have a track record of publishing or promoting hoaxes. If I'm wrong about that, or anyone should notice any problems, we always appreciate being informed about it.

Of course, in all cases, regardless of the purported reliability or unreliability of any source, skepticism is a virtue, and reader discretion is advised.

a reply to: Majic

Does ATS have a list of sources that are off limits?

a reply to: D8Tee

As far as I know, we don't have a comprehensive definitive list, per se, but the owners may, at their discretion, filter some links so they don't work. There are sometimes public threads about some of those sites or sources, but not always, and I don't think the owners wish to publicize such sites either directly or indirectly in most cases.

It's not the job of the ATS staff to serve as a "Ministry of Truth", and it's always up to each of us as ATSers to decide for ourselves what to believe. But the Internet being what it is, there are inevitably cases where some sources may be at odds with the AboveTopSecret.com Terms And Conditions Of Use, and when they become aware of them, the owners may choose to block links to them.

When members attempt to link to such sites, the links may not work. When that happens, it can be confusing and seem like a bug (and may even be a bug in some cases), but as long as ATSers don't deliberately try to circumvent filters it's usually not a problem.

Meanwhile, just because a site isn't filtered doesn't necessarily mean all is well. If a site contains content that violates the terms & conditions (notably pornography, gore, hacks/cracks, etc.), then linking to it also violates the T&C and we may remove or edit threads or posts that contain such links.

If you're concerned about being gigged for inadvertently linking to a filtered site, we really try not to be jerks about it and appreciate that it's not always obvious if or why a site's URL gets filtered.

When in doubt, there's no harm in asking.

originally posted by: SBMcG
How do the PTB at ATS feel about members using Zero Hedge as a source?

Just wondering...

Thanks.

I would never use it as a source outside ATS.
I would not use it as a source for myself.


Zero Hedge are not lying per se, but their take on many, many stories are heavily biased, and you might find, that they omit contextual facts, that might put some enlightening perspective on the story.

Yeah, this describes a LOT of news outlets. That is intended.

What makes Zero Hedge worse in my opinion is the narrow focus and the comparatively few articles - other outlets often offer perspective through their wider, more general focus and through the sheer volume of articles. This matters as most other news outlets have links to "related stories" embedded in their stories, which offers often much needed context.

I might use Zero Hedge to browse for news, but if anything interesting pops up, I check for other sites' version of the story (and if found would then rather use those than Zero Hedge as a source.


Edit: I think it is awesome that you take the time to ask. Normally I would say be critical and just use common sense when citing, but the OP is in itself a display of critical thinking, so I see no need for that. Your OP really is exemplary and fits that "deny ignorance" motto of our community, that is sometimes forgotten!

a reply to: SBMcG

Its ok just keep in mind it is Russian propaganda. You will often see similar things to RT. However being Russian propaganda it can also give you an insight in to what Putin is thinking.

originally posted by: D8Tee
a reply to: SBMcG

Zero Hedge doesn't fail me often.

I find their journalist integrity level quite high.

What do you mean by "integrity level" ? Do you just mean stories that agree with you ideology? Or do you mean they are balanced in representing both sides of a political spectrum on an issue? Or do you mean literally they are very good and fact checking before they publish a story?

I thought this story was very good:

www.zerohedge.com...

The graph titled "Net National Savings" was very insightful.

It's good to take everything with a grain of salt, but I do find Zerohedge to be accurate a lot of the time. I don't stick them only, but try to verify their claim via other sources. They more often than not are validated.

The fact that ZH revealed that Senator Ron Paul among many others sent a letter to Mogul asking for a in-depth investigation in to NSA activity and that Aramco just took over the largest U.S. oil refinery in Port Arthur, Tex. speaks for itself.
Nobody including the MSM has access to this type of intel.

Yesterday, I was in the company of a Rivet Joint air crew and the first comment they made was on my ZH ballcap.

Buck