Friday, August 14, 2015

One-In-A-Billion "Hiccups" Are Happening All The Time, Citi Warns Something Is Wrong

ed note...I'm back had another heart attack...



One-In-A-Billion "Hiccups" Are Happening All The Time, Citi Warns Something Is Wrong

When things that are supposed to happen once every 3 billion years (statistically speaking) start happening once every three months, or every three weeks, then something is definitively broken.



Are Automakers About To Hit The Panic Button?

There is a major problem brewing the US Auto industry... and therefore the US economy.



10 Disturbing Facts Most Americans Are Too Fearful To Face

Most Americans have no idea that the U.S. corporate fraudulent government can legally lie to you every single day to get you to believe whatever they want you to believe and then turn around behind closed doors and laugh at you for believing their legal lies. Try telling that to most Americans and see how they look at you. This is another example of a hard-to-handle lie that is pushed on Americans every day; and the average working American has no time to truly wrap their heads around this stunning fact so they bury their heads in the sand instead, unwilling to look at the issue because they fear they won’t know what to do with the information.



This Alarming Indicator Is Back At A Level Last Seen 10 Days Before The Bear Stearns Collapse

One of the most disturbing and recurring themes highlighted on this site over the past year has been the ever greater disconnect between the worlds of equity and fixed income, whether in terms of implied volatility, or actual underlying risk.  It turns out there is be an even more acute, and far more concering divergence, which was conveniently pointed out overnight by Bank of America and which suggests that a Bear Stearns type event may be just a few days ahead.



US Military Uses IMF & World Bank To Launder 85% Of Its Black Budget

Though transparency was a cause he championed when campaigning for the presidency, President Obama has largely avoided making certain defense costs known to the public. However, when it comes to military appropriations for government spy agencies, we know from Freedom of Information Act requests that the so-called “black budget” is an increasingly massive expenditure subsidized by American taxpayers.



ISIS Unleashed Mustard Gas Attack In Iraq, US Officials Claim

"The U.S. is investigating what it believes are 'credible' reports that ISIS fighters used mustard agent in an attack against Kurdish Peshmerga this week," CNN reports. "Did ISIS find some mustard? We think they did. We think they have used it."



Did David Tepper Just Call The Market Top... And Is The Appaloosa Billionaire Losing His Touch

How did Tepper do in Q2? In a word: lousy. In another word: the man who recently was on CNBC pitching a 20x P/E multiple as the new normal, may have just called the market top.




Weekend Reading: Chinese Food (For Thought)

The ongoing deterioration in fundamentals, economics and technicals suggest that risk currently outweighs the potential reward for now. With respect to the technical front, the ongoing deterioration in relative strength, momentum, and breadth, combined with a compression of price action, have only been witnessed at more important market peaks in the past. "Bull markets" do not die on their own. Their death is generally dictated by the onset of an unexpected catalyst that creates enough "panic selling" to spark a liquidation cycle. Does the current situation in China rise to such a level? Maybe. It is an issue we began discussing this past June, and there may be a danger in dismissing the issue too quickly.

Chinado Sparks Bullion's Best Week In 3 Months; US Stocks, Bonds Shrug







Tianjin: Before & After







The Economissed Track Record: In January 75% Of Experts Said The Fed Would Have Hiked By Now

 



America (In 1 Cartoon)

You have to believe to receive...




China Says Plunge Protection Team Will Prop Up Stocks "For Years To Come" If It Has To

"For a number of years to come, the China Securities Finance Corp. will not exit (the market). Its function to stabilise the market will not change."



Guest Post: A Trump "Morning In America"

Republican kingmakers are nothing if not pragmatic, they want results for their money. They aren’t getting it. They are unhappy. They are angry. But like a chameleon changing colors, they want to be on the winning side. They all know Trump, they also know they can deal with Trump, so they will. The Blitzkrieg is over. Trump survived. The establishment sacrificed many of their finest media plants this past weekend. Every one of them ended up looking like exactly what they are, cheap desperate prostitutes, willing to say whatever was required of them, as long as their paychecks kept coming .




Geologist Who Predicted Colorado River Disaster Interviewed, Slams "Deceptive" EPA

The EPA was basically deceptive...It was incompetent and stupid for them to go up to that existing plug and try to remove it without knowing how much water was upstream and behind it... I just can’t believe they were so incompetent that they would go in there and attempt to do this - unplug the Gold King mine - without a backup plan."


THE US GOVERNMENT HAS GONE FULL ROGUE

by Paul Seymour, Dollar Vigilante:
For all I know, this simple sharing of the truth may put me on a terrorist watch list, if I wasn’t already one of millions on such a list. Recently I’ve been noticing a series of events which make me realize that the financial system end game, which has been brewing for a very long time, may be close at hand.
US Brokerage Unilaterally Changes Client’s Investments to US T-bills
A client of ours living in Ecuador, recently sent me a disturbing piece of news. He wrote: “We were recently talking to our next door neighbor who told us they were taking a trip to the US. The reason for the trip was because they attempted to transfer some of their moneyoverseas and were told by the bank that they had to appear in person to make the transfer.”
Read More


The Next Financial Disaster Starts Here

from International Man:
Individual investors take note…
Some of the world’s best money managers are betting on the biggest financial disaster since 2008.
You won’t hear about this from the mainstream media. Networks like NBC or CBS don’t have a clue… just like they didn’t have a clue the US housing market would collapse in 2007.
Carl Icahn, a super successful investor who’s the 31st richest person in the world, said this investment is in a bubble. He said that it’s “extremely overheated”… and that “there’s going to be a great run to the exits.”
Read More


Gold Offers The Most Profitable Secular Opportunity

from Gold Silver Worlds:
July was a horrible month for precious metals prices. Sentiment reached levels never seen before. As metals and the miners broke through a long term support line, so did pessimism.
To get an idea of the seriousness of pessimism, we are including a very long term chart going back to 1992 (courtesy of Sentimentrader). As readers can see, market sentiment in the last 2 years is worse than the bear market lows of 1998 – 2000.
When everyone panicked in July, we urged investors to stay calm, and look at the gold market space being an opportunity. A contrarian call which characterizes our vision. For instance, our column of July 19th contained the following quote:
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This Alarming Indicator Is Back At A Level Last Seen 10 Days Before The Bear Stearns Collapse

from Zero Hedge:
One of the most disturbing and recurring themes highlighted on this site over the past year has been the ever greater disconnect between the worlds of equity and fixed income, whether in terms of implied volatility, or actual underlying risk.
It turns out there is an even more acute, and far more concerning divergence, which was conveniently pointed out overnight by Bank of America’s Yuriy Shchuchinov, one which again looks at the spread between credit and equity. Specifically, BofA notes that in just the past two weeks, credit spreads from our HG corporate bond index have widened another 9bps to 164bps while equity volatility is down another percentage point (although technically BofA uses the 3rd VIX futures as its measure of equity volatility rather than VIX itself to get a smoother series that is less affected by the daily noises and seasonalities).
Read More

Governor Drinks Contaminated River Water But Tells Public “Not Safe to Drink Even Before Disaster”

by Mac Slavo, SHTFPlan:
It wasn’t, but it may well have been Fukushima all over again. The full truth will never be told about the level of contaminants spilled into the river.
Maybe the stakes aren’t as high as the meltdown that continues to threaten ocean life and the planet, but the pattern is the same.
After Fukushima, a Japanese MP was apparently under pressure to drink potentially radioactive water collected from the failed nuclear plant to make the delicate case that all is well and that the water is safe to drink. In spite of the truth, he gulped it down. Really, watch the video. He didn’t look too confident, though.
Read More

46 million Americans go to food banks, and the long lines for dwindling food supplies begin at 6:30 AM

by Michael Snyder, The Economic Collapse Blog:
Those that run food banks all over America say that demand for their services just continues to explode.  It always amazes me that there are still people out there that insist that an “economic collapse” is not happening.  From their air-conditioned homes in their cushy suburban neighborhoods they mock the idea that the U.S. economy is crumbling.  But if they would just go down and visit the local food banks in their areas, they would see how much people are hurting.  According to Feeding America spokesman Ross Fraser, 46 million Americans got food from a food bank at least one time during 2014.  Because the demand has become so overwhelming, some food banks are cutting back on the number of days they operate and the amount of food that is given to each family.  As you will see below, many impoverished Americans are lining up at food banks as early as 6:30 in the morning just so that they can be sure to get something before the food runs out.  And yet there are still many people out there that have the audacity to say that everything is just fine in America.  Shame on them for ignoring the pain of millions upon millions of their fellow citizens.
Read More…

Architects Confirm Shopping Malls Will Become FEMA Camps

by Dave Hodges, The Common Sense Show:
Earlier in the summer of 2015, I was awestruck when I had an epiphany about much architecture had changed on commercial and public buildings. The most striking change came in the form building what clearly looks like guard towers on new strip malls, shopping malls, new schools and this trend even went so far as to include the retrofitting of CLOSED strip malls.
No we have architects who are as concerned as we all are. The allegations of paranoia and unfounded conclusion will fade into the background after these accounts.
Read More

Analysis On Syria Never To Be Found In Western Mainstream Media: The Saker Interviews General (Ret.) Amine Htaite

from The News Doctors:
The Saker: Please introduce yourself to your readers, education, professional experience, military experience, political leanings, religion, etc.
General Htaite: My name is Amine Htaite, I am a retired general in the Lebanese Army, PhD in Law, a lecturer in the Lebanese University and Islamic University in Lebanon. I am the ex-chief of the Central College of Command in the Lebanese Army and I have been in charge of several Lebanese Army battalions, both combat and logistic. Nowadays I conducts strategic, military and legal studies dealing with pertinent issues in the Levant and their international ramifications. In this context, I write two journal articles per week and partake in meetings and discussions and analysis on television, radio discussion panels as well as strategic and technical conferences on a regular basis.
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7 Key rules contrarian investors should adhere too

by Sol Palha, GoldSeek:
Given a sufficient number of people and an adequate amount of time you can create insurmountable opposition to the most inconsequential idea. ~Anonymous
Contrarian investing is a dynamic field and not a static one. The assumption that it’s a static field is held by the new breed of fashion contrarians, whose only donation to this field has been to glamorize it and distort the correct notion of being a contrarian investor. These fashion contrarians are no different from those with the mass mindset; they only pretend to do things differently, but the moment fear or uncertainty is in the air, they flee for the exits like bandits being chased by the hounds of hell. A true contrarian in most cases understands the basic rules of mass psychology. If you are not familiar with these rules, you are doing yourself a disservice and should catch up on them ASAP.
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US Airstrikes Kill Hundreds Of Civilians In Syria And Iraq

from The Sleuth Journal:
US warplanes began bombing Iraqi targets in June 2014. Last September, US Syrian airstrikes followed. Washington falsely claims it’s waging war on the Islamic State (IS) – with pinpoint accuracy against positions and fighters targeted. It’s just the opposite.
Bombing aims to destabilize Iraq and Syria more than already. Infrastructure sites are struck – not IS fighters as claimed. America is its de facto air force.
US Central Command (CENTCOM) in charge of the air campaign falsely claims few civilian deaths at most – saying pinpoint targeting avoids them, one of the many Big Lies proliferated in all US wars.
Read More

Currency Wars Turning to Real Warfare?

from CrushTheStreet:



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