Submitted by Tyler Durden on 08/20/2015 - 16:04
US Equity Futures Nosedive After China PMI Plunge
Submitted by Tyler Durden on 08/20/2015 - 22:36 It appears bad news in China is "bad news" for everyone. With Chinese authorities already in full liquidity spigot-mode, the fact that China PMI for August collapsed to its lowest since March 2009 strongly suggests that - unlike every talking-head's proclamation - a crashing stock market does (whether reflexively or not) impact the real economy. US equity futures legged significantly lower on the news - S&P 500 to 7-month lows, eyeing the stunning 2,000 level; and Japanese stocks also legged lower.
What Will It Take For The Fed To Panic And Bail Out The Market Once Again: BofA Explains
Submitted by Tyler Durden on 08/20/2015 - 21:56 "Short-term, markets seem intent on forcing either the Fed to pass in September, or the Chinese to launch a more comprehensive and credible policy package to boost growth expectations. Alternatively, a credit event in commodities (note CDS is widening sharply for resources companies – front page chart) may be necessary to cause policy-makers to panic. Markets stop panicking when central banks start panicking."
“Crisis
meeting” held in the Polish town of Walbrzych on how best to tackle
alleged discovery of a Nazi ghost train carrying gold
by Matthew Day, in Walbrzych, The Telegraph:
Polish authorities have held a crisis meeting in which they warned
treasure hunters against trying to unravel the mysteries of a gold-laden train said to have been discovered in nearby mountains, warning it may have been boobytrapped by the Nazis.
The meeting came in response to claims that two men had discovered a legendary ghost train which was used to carry Nazi loot but disappeared in 1945.
Read More
by Matthew Day, in Walbrzych, The Telegraph:
Polish authorities have held a crisis meeting in which they warned
treasure hunters against trying to unravel the mysteries of a gold-laden train said to have been discovered in nearby mountains, warning it may have been boobytrapped by the Nazis.The meeting came in response to claims that two men had discovered a legendary ghost train which was used to carry Nazi loot but disappeared in 1945.
Read More
North Korea Declares State Of War After Argument Over Loudspeaker Spirals Out Of Control
Submitted by Tyler Durden on 08/20/2015 - 19:12 Tensions were already running high across the DMZ in the Korean Peninsula, and then someone took a shot at a speaker...
As subscribers know, I wish the best for America and believe that
America is the hope of the world. Yet there are a few things that worry
me. I believe the US economy is sinking into recession as described by
John Williams of Shadow Statistics. I believe we are in a period of
deflation and deleveraging. I am convinced that the Fed knows the
economy is contracting and this is the reason that they have not yet
raised rates.Professionals Selling Stocks To An Unsuspecting Public!
There are now 10 distribution days* in the S&P and 4 in the Nasdaq. Thus it is clear that many institutions are stepping to the sidelines. A combination of ten distribution days in the S&P and 4 in the Nasdaq comes to an ominous total of 14, and it puts the market under pressure.
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![clip_image002[5]](http://www.jsmineset.com/wp-content/uploads/2015/08/clip_image00251.jpg "clip_image002[5]")
My Dear Extended Family,
Now the Plunge Protection Team, real in fact and law, has to turn the tide immediately or confidence is gone and so is everything else except monetary gold and silver. Once again the big boys, as in the 1970-1980 period, are about to make the most money over the shortest period of time long on gold and silver. Nothing changes except this might well be the precious metals rally you never sell. There is a sound argument for $50,000 per ounce gold. There is a strong basis to consider the factual lack of physical gold and silver due to the secret buying by the gold banks and super wealthy personalities during the four year decline while pressuring the paper market for precious metals to make the purchases of the physical bullion. I believe that is that is the total story. I have never changed my mind or been told to by the inside, the only ones that really know what the plan is. I am however told that this rally off $1080 gold will be stupendous.
S&P 500 Sinks Most in 18 Months as Emerging-Asset Rout SpreadsJeremy Herron
August 19, 2015 — 7:17 PM EDT Updated on August 20, 2015 — 5:51 PM EDT
The rout in emerging-market assets knocked the Standard & Poor’s 500 Index out of its seven-month trading range and sent U.S. equities down the most in 18 months amid mounting concern that global economic growth is faltering.
A selloff in currencies from Kazakhstan to Thailand roiled stocks around the world, wiping out 2015 gains in U.S. equities and sending the U.K. share market into a correction. Investors sought the safety of gold and Treasuries as the S&P 500 breached a key technical level its been above since March.
Investor anxiety over emerging markets is increasing as the Federal Reserve considers when to boost interest rates, a move that would burnish the appeal of dollar assets. A global slowdown may delay the move, with minutes of the Fed’s July meeting out Wednesday indicating officials are concerned over stubbornly weak inflation caused in part by a commodities rout.
“There are so many more concerns than hopes,” said Larry Peruzzi, director of international trading at Cabrera Capital Markets LLC in Boston. “There are global growth concerns, Fed minutes created some uncertainty about rates, and also playing a part is oil poised to dip below $40. Add in light August volumes in the stock pot and you get a negative 1 percent move.”
The S&P 500 closed down 2.1 percent by 4 p.m. in New York, its lowest level since February. The MSCI All-Country World Index sank to a seven-month low, as the U.K.’s FTSE 100 Index slipped an eight straight day. Yields on 10-year Treasuries dropped six basis points, or 0.06 percentage point, to 2.07 percent, and gold advanced to a one-month high. Greek bonds declined Prime Minister Alexis Tsipras quit and called snap elections.
More…
from RonPaulLibertyReport:
The vice president of the St. Louis Federal Reserve Bank has admitted that the Fed’s quantitative easing program has been a failure. Even the central bankers are recognizing that central banking and Keynesian economics do not work. Will they see the light and go Austrian?
from TheAlexJonesChannel:
The vice president of the St. Louis Federal Reserve Bank has admitted that the Fed’s quantitative easing program has been a failure. Even the central bankers are recognizing that central banking and Keynesian economics do not work. Will they see the light and go Austrian?
Gold Surges Amid Asian Sea Of Red, China Strengthens Yuan By Most In 4 Months
Submitted by Tyler Durden on 08/20/2015 - 21:22 Hong Kong's Hang Seng index is now down over 21% from the highs, having fallen over 9% in the last week, and Taiwan's TAIEX is down over 20% from April highs, joining Chinese stocks, both joining Chinese stocks in official bear markets. Japanese markets are down over 6% in the last few days (which Amari simply brushes off, blaming the global selloff stemming from China), a JGB trading volumes slump to a record low. Tensions in Korea are not helping. With all eyes on China's flash PMI (though why we are not sure since PBOC is already full liquidity-tard with CNY350bn this week alone), The PBOC fixed Yuan at 6.3864, up from yesterday's biggest strengthening in 3 months to 6.3915 (the biggest 2 day strengthening since April), and margin debt fell for the 3rd day. Gold is surging in the Asia session, near $1160.No, Credit Growth In China Is Not "Surging"...
Submitted by Tyler Durden on 08/20/2015 - 21:00
How Google Could Rig The 2016 Election
Submitted by Tyler Durden on 08/20/2015 - 20:30 America’s next president could be eased into office not just by TV ads or speeches, but by Google’s secret decisions, and only a few obscure researchers would know how this was accomplished....Perhaps the most effective way to wield political influence in today’s high-tech world is to donate money to a candidate and then to use technology to make sure he or she wins. The technology guarantees the win, and the donation guarantees allegiance, which Google has certainly tapped in recent years with the Obama administration...
July Was Warmest Month On Record NOAA Reports, Lists All "Signifiicant Climate Anomalies And Events"
Submitted by Tyler Durden on 08/20/2015 - 19:58 While some, perhaps not California farmers, will disagree with NOAA's assessment of the world's atmospheric conditions, earlier today the National Oceanic and Atmospheric Administration declared that July was the warmest month ever recorded for the globe and was also the record warmest for global oceans, putting a full stop to a year that has been characterized by numerous perplexing atmospheric outliers around the globe but perhaps none other more so than NOAA's earlier assessment that the winter of 2015 was also the warmest on record despite the much discussed US winter, where for the second year in a row the economic slowdown was blamed on a colder than usual winter. Go figure: perhaps here too we need double seasonal adjustments.
What Obama Gets Wrong On Foreign Policy
Submitted by Tyler Durden on 08/20/2015 - 19:35 "When does the statute of limitations on blaming President George W. Bush for the record of the current administration finally expire? Obama [has become] the president who, to use one of Rose’s baseball metaphors, called his shot only to strike out."
Looking Back On The Presidency Of Donald Trump - A Dispatch From The Future
Submitted by Tyler Durden on 08/20/2015 - 18:45 In the end, Trump is what America had earned. Trump is what America deserved. Trump was our reckoning. And while his rise to power was born of our failings, it also forced us to find our strength. It’s amazing how adaptable we are as human beings, isn’t it? Trump saved us.
It's A Divorce Lawyer Orgy: "Ashley Madison Hack Is The Best Thing To Happen Since Moses"
Submitted by Tyler Durden on 08/20/2015 - 18:20 Husbands and wives across the world are waking up to their partners' extramarital affairs after, as AP calls it, a catastrophic leak at adultery website Ashley Madison spewed electronic evidence of infidelity across the Internet. Online forums were buzzing Thursday with users claiming to have found evidence that their significant others were on the site. But it's not all doom and gloom... as Reuters notes many professions stand to benefit from the unfolding saga, from lawyers to therapists to cyber security firms. Prominent divorce lawyer Raoul Felder said the release is the best thing to happen to his profession since the seventh Commandment forbade adultery in the Bible, "I've never had anything like this before." So hey, those cheating spouses are now helping the economy grow...
from 21st Century Wire:
Finally,
the real reason why professional hackers have lifted the data of 37
million users from the fashionable ‘infidelity’ website Ashley Madison.
Anyone employed by the state who was stupid enough to join this site should by now realize that this whole hacking affair was a staged exercise in mass entrapment, and blackmail. The media are making a big deal about how this hack is somehow a “goldmine” for cyber criminals, but do not dare mention what this kind of information could do in the hands of the deep state via covert agencies like the NSA, the FBI or the CIA, Canada’s CSIS, or overseas spook houses like Britain’s MI5, or Israel’s Mossad.
Read More
Finally,
the real reason why professional hackers have lifted the data of 37
million users from the fashionable ‘infidelity’ website Ashley Madison.Anyone employed by the state who was stupid enough to join this site should by now realize that this whole hacking affair was a staged exercise in mass entrapment, and blackmail. The media are making a big deal about how this hack is somehow a “goldmine” for cyber criminals, but do not dare mention what this kind of information could do in the hands of the deep state via covert agencies like the NSA, the FBI or the CIA, Canada’s CSIS, or overseas spook houses like Britain’s MI5, or Israel’s Mossad.
Read More
filed under (unt
Hillary Clinton Admits Classified Information Was Stored On Home Server
Submitted by Tyler Durden on 08/20/2015 - 17:55 "What, with a cloth or something?," Democratic frontrunner Hillary Clinton said earlier this week, in a sarcastic and fairly condescending reply to a reporter who pressed her on whether she had attempted to wipe her private e-mail server clean before turning it over to the FBI. That was the second time in a week that Clinton has attempted to deflect questions about the server with a dark mix of humor and disdain, and it’s backfired both times. Now, the Clinton campaign has admitted that in fact, classified information was stored on the Democratic frontrunner's home e-mail server.
FBI Had 12-Page File On George Carlin Because He Made Jokes About Government
Submitted by Tyler Durden on 08/20/2015 - 17:30 Comedian George Carlin is known as one of the most controversial and outspoken entertainers of his time, and as far as the government is concerned, he could have possibly been a terrorist.
Wall Street To Form New Tech Company To "Clean Up" Dirty Data
Submitted by Tyler Durden on 08/20/2015 - 17:00 Goldman Sachs, Morgan Stanley, and JP Morgan aren't satisfied with disparate, disorganized "reference data" which is why they're teaming up on an initiative called "SPReD". As WSJ reports, "using consistent data allows the banks to form accurate pricing for trades," and we all know what can happen when Wall Street gets together to "standardize" a reference point on which trades are based.
Perhaps you’ll join the parents in Hawaii who have had enough of
Biotech’s bullying. In Monsanto’s latest chess move to infiltrate the
islands, known as Ground Zero for GMOs, the biotech giant has sent home a permission slip with
students at Waialua Elementary School on the North Shore of O’ahu in an
attempt to buy community support through infiltration of the school’s
activities and curriculum.Read More
Russian President Putin is fully aware of the imminent threat of war provocation coming out of President Obama.
from LaRouchePAC:
NATO is conducting new, highly provocative maneuvers right along the Russian borders over the course of the next month,
beginning Saturday, August 22. Swift Response 15 is the largest
airborne military exercise on the European continent since the end of
the Cold War, and involves the very “high-readiness forces” that NATO
has created, specifically to conduct warfare against Russia. Early next
month, NATO will be conducting Dynamic Manta naval maneuvers in the
Ionian Sea, demonstrating NATO’s anti-submarine warfare systems.
On Wednesday, Gen. Ben Hodges, the commander of the US Army Europe, told reporters that the US training program of Ukrainian national guard troops in eastern Ukraine is going ahead, and that the Ukrainian regular army is now a fully professional fighting force. Hodges made no mention of the fact that the so-called national guard forces he is training are dominated by outright Nazis from the Banderist Right Sector, who are prepared to trigger a war with Russia, into which US President Obama is prepared to intervene, using the pretext to start a general war against Russia.
Read More…
from LaRouchePAC:
NATO is conducting new, highly provocative maneuvers right along the Russian borders over the course of the next month,
beginning Saturday, August 22. Swift Response 15 is the largest
airborne military exercise on the European continent since the end of
the Cold War, and involves the very “high-readiness forces” that NATO
has created, specifically to conduct warfare against Russia. Early next
month, NATO will be conducting Dynamic Manta naval maneuvers in the
Ionian Sea, demonstrating NATO’s anti-submarine warfare systems.On Wednesday, Gen. Ben Hodges, the commander of the US Army Europe, told reporters that the US training program of Ukrainian national guard troops in eastern Ukraine is going ahead, and that the Ukrainian regular army is now a fully professional fighting force. Hodges made no mention of the fact that the so-called national guard forces he is training are dominated by outright Nazis from the Banderist Right Sector, who are prepared to trigger a war with Russia, into which US President Obama is prepared to intervene, using the pretext to start a general war against Russia.
Read More…
from The Richie Allen Show:
by Joachim Hagopian, Global Research:
Duhaime’s legal definition of tyranny states: “A form of government other than a monarchy in which the formal written constitution is notadhered
to and is broken by force of arms by a single person who then
undertakes to rule as a monarch and primarily in his personal
interests.”
With his unprecedented number of oppressive executive orders bypassing both US Congress and constitutional rule of law, the ex-constitutional lawyer himself President Obama has become a bona fide dictator and traitor exercising tyranny over the people of the United States.
Read More…
Duhaime’s legal definition of tyranny states: “A form of government other than a monarchy in which the formal written constitution is notadhered
to and is broken by force of arms by a single person who then
undertakes to rule as a monarch and primarily in his personal
interests.”With his unprecedented number of oppressive executive orders bypassing both US Congress and constitutional rule of law, the ex-constitutional lawyer himself President Obama has become a bona fide dictator and traitor exercising tyranny over the people of the United States.
Read More…
by Karl Denninger, Market-Ticker:
Who listens to these clowns?
There have been a bunch of people saying that “a 10% correction may be coming” in the US market.
CNBC just presented this as a “doom and gloom” view!
A 10% correction in the market is “doom and gloom?”
No, that would the ~30-40% overvalued situation in the market today unwinding entirely, which would be consistent with people waking the hell up.
Read More
Who listens to these clowns?There have been a bunch of people saying that “a 10% correction may be coming” in the US market.
CNBC just presented this as a “doom and gloom” view!
A 10% correction in the market is “doom and gloom?”
No, that would the ~30-40% overvalued situation in the market today unwinding entirely, which would be consistent with people waking the hell up.
Read More
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