Clintons Furious At Obama After Valerie Jarrett Linked To Email Leak

Submitted by Tyler Durden on 03/15/2015 - 10:38
For those who follow the endless soap opera of domestic politics, the biggest storyo  the weekend, if so far unsubstantiated, is the Post's report that the person behind Hillary Clinton's shocking e-mail story leak, is none other than Obama's personal advisor, Valeire Jarrett. "Obama senior adviser Valerie Jarrett leaked to the press details of Hillary Clinton’s use of a private e-mail address during her time as secretary of state."

World Will Now Witness A Series Of Devastating Collapses, Massive Financial Destruction And Total Chaos

from KingWorldNews:
On the heels of another wild trading week in world markets, today one of the top economists in the world sent King World News an incredibly powerful piece warning that the world will now witness a series of devastating collapses, massive financial destruction and total chaos.
In the movies, an edgy musical score is an effective tool that warns the audience something really bad is about to happen. Like the shrill screech in Psycho, certain sound effects forebode impending doom. In like manner, economics also has a similar warning sign of imminent market chaos….
This omen is called the inverted yield curve. And it’s no coincidence that the last seven recessions have been preceded by this ominous predictor of economic and stock market disaster.
Michael Pento Continues @ KingWorldNews.com

US Government Plans to Bail out Oil Industry, Consumers to Pay

from Wolf Street:
Oil industry lobbyists must have been working the government over for months. The price of oil has plunged nearly 60% since June. Smaller oil companies are going bankrupt. Larger ones are bleeding. Energy junk-bondholders are getting massacred. Wall Street investment banks are fretting about losing the fees. Lenders are worried about their energy loans. PE firms that have funded the fracking boom are taking big losses. Venezuela is falling apart and is going to default. Russia is careening in the wrong direction. Kern County, the oil capital of California, declared a “fiscal emergency.”
They all need the price of oil to jump, and they need it to jump NOW.
Read More @ Wolfstreet.com
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Thousands Crowd Brazil's Streets: Demand Military Intervention & Rousseff Resignation, Impeachment

Submitted by Tyler Durden on 03/15/2015 - 13:24 It appears the 'people' are growing more and more dissatisfied with their corrupt and greedy leaders across the world. As we noted recently, Brazil's economy is imploding, consumer sentiment is at record lows, and with the Petrobras scandal providing a glimpse at just how deep the corruption might go, Brazilians are revolting. Hundreds of thousands are crowding the streets in several regional Brazilian capitals, dominated ironically by the middle and upper classes. Demands for "Dilma Out" and "Impeach Dilma" are also interspersed with calls for a quasi-coup and "military intervention."

 

Saxobank's Chief Economist: 2015 Is A Lost Year (and Here's Why)

Submitted by Tyler Durden on 03/15/2015 - 14:00 Even though the US has seen so-called 'strong' job numbers and Europe is forecast to grow 1.5% this year, Saxo Bank’s Chief Economist Steen Jakobsen says 2015 will be a lost year. That’s because the two supposed growth engines of the world - the US economy and emerging markets - will grind to a halt and slow Europe down in the process. As we already pointed out, for the first time since Lehman, US earnings are now expected to drop in 2015 - apparently confirming this second-half hockey-stick is now dead... and as Jakobsen explains in this brief clip, capital preservation remains a must going into the second quarter of the year... with 10Y Treasury yields expected below 1.5% by the end of the year.

Indeed This Time Is Different: Because It’s Far Worse

Submitted by Tyler Durden on 03/15/2015 - 15:10 Suddenly the narrative that “everything is awesome” is showing to not be as “awesome” as it was first proclaimed. Merely a few months have passed since the ending of QE and praises of awesomeness everywhere are morphing into questions more akin to “Oh no: not again!” And with that we are now watching those who pushed, pulled, and levitated that narrative scramble desperately to push another narrative back onto the stage that worked so many times before: “Every sell off over the last 6 years has shown to be a profitable buying opportunity.” i.e., Just buy the dip (JBTFD). Yet it would seem these dips; are far different.

Bre-X: The Gold Scam So Big They’re Making a Movie About It

from Outsider Club:
An exotic location, an enigmatic villain, overzealous Wall Street investors, a $ 1 billion fraud, a mysterious fire, death-by-helicopter…
The Bre-X story has everything.
No wonder they’re making it into a movie.
“It’s a very exciting story,” Stefan Muchel a financial analyst with Gravitas Corporate Services in Toronto, told Stockhouse. “There are movies that were made before that don’t have as much action and intrigue.”Muchel says the movie will cost $14 million to make, be directed by Scott Rosenfelt, and feature a cast of A-list actors.
Read More @ OutsiderClub.com
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Varoufakis Walks Out Of CNBC Interview When Asked If He Is Now A "Liability"

Submitted by Tyler Durden on 03/15/2015 - 12:15 CNBC: "Are you a liability for your party?"
Varoufakis: "Are you a liability for your channel?"

Is Vladimir Putin Dead?

by Michael Snyder, End of The American Dream:
Russian President Vladimir Putin has not been seen in public since March 5th, and the Internet is abuzz with rumors that he is either seriously ill or dead.  So could it be possible that there is anything to these rumors?  At this point, Russian officials insist that Putin is just fine and that he isn’t even ill.  But a trip that Putin was supposed to make to meet with the presidents of Kazakhstan and Belarus was abruptly canceled.  A speech that Putin was supposed to make to his old friends at the Federal Security Service was also suspiciously canceled.  So what in the world is going on here?  Of course Putin could put an immediate end to all of these rumors by appearing in public, but he has chosen not to do that so far.  But why wouldn’t he?  Is more going on inside Russia than meets the eye?
Read More…

You 'can't trust' Social Security: Fmr. Official

USDX Versus Gold Indicates Inflation Not Yet Dead

Submitted by Tyler Durden on 03/15/2015 - 11:38 In the last few weeks, we have seen what looks like a transition from deflationary behavior to a more traditional behavior in which gold acts as the "anti-dollar". I don't think this represents a sea-change--I still think there is more deflation to come. But we might see a change in behavior for some time before deflation returns.

The Seal Is Broken: DB Is The First Major Bank To Predict Drop In 2015 S&P500 EPS

Submitted by Tyler Durden on 03/15/2015 - 10:56 Nno matter how bad the overall profitability picture got, S&P500 earnings per share (assisted almost exclusively by a record amount of stock buybacks in 2015 putting downward pressure on the PS in EPS) would grow by the tiniest of amounts, just so the profit recession stigma could be avoided in a world in which the stock market is the last remaining bastion of faith in central planning and confidence in the economy. No more. Overnight, Deutsche Bank finally did the unthinkable, and "broke the seal" of optimistic groupthink, when its strategist David Bianco became the first sell-sider to forecast that not only will 2015 EPS not grow (at 118 on a non-GAAP basis, this will be unchanged Y/Y), but "down a bit ex bank litigation costs."

Gold Prices Under $1,200 an Investment Opportunity for Gold Bulls

by Michael Lombardi, Profit Confidential:
Gold prices have fallen below $1,200 an ounce and negative sentiment continues to increase. The news keeps claiming gold prices will go down further and “funds” are building up short positions. But I’m not worried. In fact, I am more bullish on gold prices now than ever before.
Why? I believe these low gold prices are presenting a solid opportunity for long-term investors.
Mark my words: in times of great uncertainty comes the best investment opportunity. I am bullish on gold because I see the most basic fundamentals influencing gold prices are improving. Those fundamentals are supply and demand. While the supply side continues to face scrutiny, demand remains strong.
Read More @ ProfitConfidential.com

Silver marks record imports in 2014

from Business Standard:
Silver usually keeps its sheen even when gold prices drop. However, in the past two years, silver prices have fallen sharply compared with the yellow metal.
Traders have used this as an opportunity to stock up silver. In 2014, silver imports reached a record high of 6,842 tonnes, an 18 per cent increase over the previous year, according to GFMS Thomson Reuters data. In value, however, the import bill fell, owing to the decline in silver prices. Silver imports in 2014 were worth $3.46 billion compared with $3.64 billion in the previous year.
Silver prices fell 24 per cent in 2013 and another 15 per cent in 2014 in Mumbai.
Read More @ Business-Standard.com

Don’t Be Fooled By The Fed’s Anti-Audit Propaganda

from Western Journalism:
In recent weeks, the Federal Reserve and its apologists in Congress and the media have launched numerous attacks on the Audit the Fed legislation. These attacks amount to nothing more than distortions about the effects and intent of the audit bill.
Fed apologists continue to claim that the Audit the Fed bill will somehow limit the Federal Reserve’s independence. Yet neither Federal Reserve Chair Janet Yellen nor any other opponent of the audit bill has ever been able to identify any provision of the bill giving Congress power to dictate monetary policy. The only way this argument makes sense is if the simple act of increasing transparency somehow infringes on the Fed’s independence.

US Quietly Abandons Troop Reduction Plans in Afghanistan

from Common Dreams:
The Obama administration is dropping its plans to reduce the amount of U.S. forces in Afghanistan to 5,500 by the end of the year, significantly altering the timeline which officials had said would see troops largely withdraw from the country by 2016, according to reports.
In fact, officials say, the administration could allow up to 9,800 American troops to remain in Afghanistan well into next year’s “fighting season.”
The announcement on Saturday came a few weeks after new Defense Secretary Ashton Carter indicated that the White House was “rethinking” its counter-terrorism mission in Afghanistan and would slow down its troop withdrawal from the country, despite long-held promises from Washington to remove the U.S. military presence there.
Read More @ CommonDreams.com

Venezuelan, Russian Troops Stage Large-Scale Military Exercises

from Sputnik News
The Venezuelan Defense Minister Vladimir Padrino Lopez said that the nation’s military is conducting massive air defense and artillery drills involving visiting Russian troops and hardware.
The Venezuelan military is conducting massive air defense and artillery drills involving visiting Russian troops and hardware, the nation’s Defense Minister Vladimir Padrino Lopez said Saturday.
The 10-day war games have been ordered by Venezuelan President Nicolas Maduro, who spoke of pressure coming from the United States earlier this month.
Read More @ SputnikNews.com

UNCONFIRMED REPORT OF RUSSIAN NUCLEAR WAR PREPARATION:

from Washington’s Blog:
A check at the Russian Ministry of Defense says nothing, as of yet, about the following allegations that are made by the sources cited in the following tentative story, which sources are now spreading like wildfire on the Internet, but this possible news-item is written under the assumption that the story is as it has been reported in those sources:
Surprise UK Nuclear Attack Against Russia This Week Is Averted by Intelligence Leak
Russia Now on Top Nuclear Alert and ‘State of War’ with at Least UK, Maybe Also U.S.
Read More @ WashingtonsBlog.com

SGE Withdrawals 45t Week 9, YTD 456t

by Koos Jansen, Bullion Star:

Chinese wholesale gold demand, that equals withdrawals from the vaults of the Shanghai Gold Exchange (SGE), accounted for 45 metric tonnes in week 9 of 2015 (March 2 – 6). Year to date 456 tonnes have been withdrawn from the SGE vaults. An estimate suggests 340 tonnes has been net imported into the Chinese domestic gold market over this period (calculating with a yearly SGE scrap rate of 250 tonnes).
However, we just learned that what was traded and withdrawn on the SGEI in 2014 was primarily imported into the Chinese domestic gold market. So, for the time being we can assume SGE withdrawals are still an accurate proxy for Chinese wholesale demand – a metric described in this post.
Read More @ BullionStar.com

The Anger Trap

from ZenGardner:
We’re all pissed off in some form or another. No question. No one can sit idly by with any level of consciousness and not be ticked off by the insanity, inequities and atrocities going on around us. That’s righteous anger and there’s nothing wrong with it.
But we must keep anger in its place. The general populace is being set up and baited for violent response.
All they’re waiting for is a justification to herd the unsuspecting flock right into their tightfisted fascist paradigm as the police state takes shape around us.
Read More @ ZenGardner.com

Guess What Happened The Last Two Times The S&P 500 Was Up More Than 200% In Six Years?



Recent actions by the world’s central banks, at a glance. 



Surprise! U.S. economic data has been the world’s most disappointing



ExxonMobil CEO Wrong About “Resilience” Of Tight Oil Production

Meet the 19th Century American Who Warned About Big Government, Religious Liberty Assaults.

 
Hertz installs in-car video cameras to spy on its rental customers.



Obama Administration considers independent journalists to be ‘enemies of the state,’ warn reporters.

 

Putin vs. the preppies and the Ph.D.s: Outsiders, not insiders, change the world.



Canadian Town Bans Spitting, Swearing And Gathering In Groups Of Three Or More.

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