from X22Report:
Erdogan Says Will Resign If Oil Purchases From ISIS Proven After Putin Says Has "More Proof"
Submitted by Tyler Durden on 11/30/2015 - 15:38 "At the moment we have received additional information confirming that that oil from the deposits controlled by Islamic State militants enters Turkish territory on industrial scale."
China Manufacturing Slumps To 3-Year Lows And Soars To 5-Month Highs
Submitted by Tyler Durden on 11/30/2015 - 20:55 Following the earlier onslaught of weak (and strong) economic data, China has revelaed its official and Caixin-based PMI surveys for Manufacturing and Services. Sure enough, while China's official manufacturing data missed (to Aug 2012 lows), Ciaxin's survey beat, surging to June 2015 highs. The question now is - given The IMF's inclusion of the Yuan in the SDR basket - will The PBOC devalue (as offshore Yuan implies) to juice a collapsing manufacturing sector?
AsiaPac Unleashes Baffle 'Em With Bullshit Data Bonanza
Submitted by Tyler Durden on 11/30/2015 - 20:28 From South Korean exports (beat) to Aussie PMI (multi-year highs) and from China Services PMI (2012 lows) to Japan CapEx (multi-year highs), AsiaPac was awash with the exact kind of baffle 'em with bullshit data that provides just enough "see everything is awesome after all" to balance the "umm, but what about..." less glass half full perspective. For your viewing pleasure - 5 WTF charts for AsiaPac economies...
4 Telltale Signs The Credit Cycle Is Turning Now
Submitted by Tyler Durden on 11/30/2015 - 20:26 "... As the tide of leverage goes out, the full extent of irresponsible lending becomes apparent. The previously virtuous cycle between risk spreads and fundamentals goes into reverse, with lower prices, defaults, and downgrades forcing leveraged investors to sell, leading to even lower prices."
Seeking A Savior
Submitted by Tyler Durden on 11/30/2015 - 20:00 It’s an unfortunate truth that, when people are worried about the future, they often put their faith in politicians to somehow make everything better. The hard truth, however, is that if we have a savior, he is the man in the mirror. If we are to be saved, we alone must do the research, make the plans, vote with our feet, and establish our own liberty.
Sweden: "No Apartments, No Jobs, No Shopping Without A Gun"
Submitted by Tyler Durden on 11/30/2015 - 19:36 "I am scared stiff of what is happening in this country. What will the government do about this?"Are These The Tankers Bilal Erdogan Uses To Transport ISIS Oil?
Submitted by Tyler Durden on 11/30/2015 - 19:30
Fourth Turning - Our Rendezvous With Destiny
Submitted by Tyler Durden on 11/30/2015 - 19:00 "Eventually, all of America’s lesser problems will combine into one giant problem. The very survival of the society will feel at stake, as leaders lead and people follow. The emergent society may be something better, a nation that sustains its Framers’ visions with a robust new pride. Or it may be something unspeakably worse. The Fourth Turning will be a time of glory or ruin."
Pedro Da Costa Has The Courage To Review The Bernank's Memoir, Finds A Few Gaping Holes
It is Pedro's "courage to write" what Bernanke conveniently forgot to add in his memoir, that makes this review so much more memorable than the generic sycophantic tripe written by his "access journalism" peers.
Here's How To Trigger A Bank Run
Submitted by Tyler Durden on 11/30/2015 - 18:00 What should the rational investor do in an environment of ongoing financial repression? If you wanted to trigger a bank run, this is certainly how you might go about it.
Number Of Millennials Living In Parents' Basement Climbs (Again); Weddings Blamed (Again)
Submitted by Tyler Durden on 11/30/2015 - 17:30 Three weeks ago, we noted with some alarm that the number of women age 18 to 34 living with their parents is now the highest since record keeping began more than seven decades ago. Now, according to the latest data from the Commerce Department (which someone clearly forgot to double seasonally adjust), we discover that nearly a fifth of males aged 25-34 live in their parent's basement while the aggregate number for the 18 to 34 bracket inclusive of both women and men rose to 31.5% as of March.
Paper Gold Dilution Hits 294x As Comex Registered Gold Drops To New All-Time Low
Submitted by Tyler Durden on 11/30/2015 - 16:59 According to the latest data, total Comex Registered gold dropped by another 11% overnight to just 134,877 ounces, just over 4 tonnes and another all time low, and since the gold open interest remains largely unchanged, the physical gold coverage ratio, or the ratio of gold claims to Registered gold, has just hit an all time high of 294 ounces of paper for every ounces of physical.Turkey Arrests Generals Who Stopped Syria-Bound, Weapons-Laden, Spook Trucks
Submitted by Tyler Durden on 11/30/2015 - 16:33
2015: The Last Christmas In America
Submitted by Tyler Durden on 11/30/2015 - 16:30 The game of enabling more debt by lowering interest rates and loosening lending standards is coming to an end. Debt is not a sustainable substitute for income, and households are increasingly waking up to this realization. Say good-bye to Christmas, America, and debt-based spending in general--except, of course, for the federal government, which can always borrow another couple trillion dollars on the backs of our grandchildren.Stocks End November With Nothing Despite Biggest Short-Squeeze In 6 Months
Submitted by Tyler Durden on 11/30/2015 - 16:08
President Obama's Latest ISIS Strategy Illustrated
Submitted by Tyler Durden on 11/30/2015 - 15:55 Seek protection from the great threat...
The Lull Before The Storm - An Ideal Chance To Exit The Casino, Part 1
Submitted by Tyler Durden on 11/30/2015 - 15:40 Last night’s Asia action brought another warning that the global deflation cycle is accelerating. Iron ore broke below $40 per ton for the first time since the central banks kicked off the world’s credit based growth binge two decades ago; it’s now down 40% this year and 80% from its 2011-212 peak. This implosion of demand cannot be remedied with another round of central bank money printing because the world is already at peak debt. Accordingly, global corporate profit cycle is heading into a deep downturn, just as the equity markets go into a final spasm of levitation based on a handful of big cap stocks.
Fashion Company SQBG Tries To Crush Shorts, Force Squeeze After Chairman Urges Investors To Pull Borrow
Submitted by Tyler Durden on 11/30/2015 - 15:16 "Tengram has instructed its broker that it will not permit borrowing of any of its shares by short sellers who are only interested in reducing the value of the Company’s stock price for their short-term gain. We urge each of you to contact your broker today and inform them that your shares may not be made available to be borrowed by short sellers.”
How To Defeat ISIS (In 9 Simple Steps)
Submitted by Tyler Durden on 11/30/2015 - 15:10 Having fixed the greatest threat to the world - climate change - and following the deadly Paris attacks and numerous other violent incidents perpetrated by the terror group ISIS, many governments and populations worldwide are wondering how we can eliminate this threat. Here are some strategies to defeat the Islamic State...
Hyperinflation Watch: Kazakhstan Unveils New 20,000 Tenge Banknote
Submitted by Tyler Durden on 11/30/2015 - 14:55 While hyperinflating Argentina has begun discussing a rise in the denominations of its banknotes, and South Africa has admitted defeat in the currency wars, it appears Kazakhstan's collapsing currency and crashing reserves has prompted action. Since allowing the Tenge to "free float" in August it has imploded (from 188 to 308 per USD) and so today The Kazakh Central Bank unveiled the new 20,000 Tenge banknote - double the highest denomination previously.
Another Hedge Fund Bites The Dust: Trafigura Shuts Down Its Flagship Metals Fund
Submitted by Tyler Durden on 11/30/2015 - 14:17 While the storm clouds continue to build above Trafigura, we now know the fate of Galena and why its CEO Letchford departed the company in a hurry last week: according to a follow up from Bloomberg, Trafigura has decided to close the flagship Galena Metals Fund, the latest hedge fund victim of the rout in raw materials markets from oil to copper.
Market Panics After Arrest Of Brazilian Lawmaker: "Never Have We Had So Little Certainty About Tomorrow"
Submitted by Tyler Durden on 11/30/2015 - 13:58 Last week's arrest of Latin America's most prominent investment banker sent shares of BTG Pactual plunging as investors pulled a third of their money from the firm's fixed income funds. As shocking as Andre Esteves' detention most assuredly was, analysts say the real risk may stem from the investigation into Rousseff's "guy" in the Senate, Delcidio Amaral, who was also detained last Wednesday. As Bloomberg reports, Amaral's "arrest not only delayed government efforts to resolve this year’s budget dispute, but it also dispelled a long-held belief that sitting lawmakers are all but untouchable because of a quirk in Brazilian law that affords politicians special treatment in criminal investigations."
The day after Thanksgiving in recent times has become known as “Black
Friday,” a day where retail businesses who have been in the red recoup
losses while profitable firms widen their income margins. The day is
also a supposed boon for consumers where goods are significantly
discounted and new products are first displayed.The Establishment has long since been a promoter of Black Friday, encouraging Americans, with often patriotic rhetoric, of their duty to frequent shopping malls and the like despite economic conditions or safety concerns from either domestic unrest or international threats.
Read More
As individuals and Nations alike wait in anticipation for COP21 a month from now, described as the United Nations’ “legally binding and universal”
update to the ever-deleterious Agenda 21, banksters at the
supranational level have shown little hesitation in offering their
seemingly sage opinions on how their usurious reserves will be put to
use in enacting this “Global Sustainable New Deal.”Read More
Life In The Electronic Concentration Camp: The Surveillance State Is Alive & Well
Submitted by Tyler Durden on 11/30/2015 - 22:00 For all intents and purposes, the National Security Agency has supposedly ceased its bulk collection of metadata from Americans’ phone calls, but read the fine print: nothing is going to change.
from Reuters:
The U.N. climate conference in Paris is most likely humanity’s last
chance to thwart global environmental disaster, Pope Francis said on
Monday, warning the world was “at the limits of suicide”.
The pope, who wrote a major document on the environment last June, made the comment in an hour-long news conference aboard the plane returning him to Rome at the end of a six-day trip to Africa.
The freewheeling conversations have become a trademark of his papacy and the few times he takes direct questions from journalists.
Read More
The pope, who wrote a major document on the environment last June, made the comment in an hour-long news conference aboard the plane returning him to Rome at the end of a six-day trip to Africa.
The freewheeling conversations have become a trademark of his papacy and the few times he takes direct questions from journalists.
Read More
Meanwhile In Kosovo's Parliament...
Submitted by Tyler Durden on 11/30/2015 - 21:30 While Americans are used to tears (and jeers) in The Capitol as politicians go about their 'business', none of that compares to the behavior of lawmakers in Kosovo this morning.
from BATR:
Few
polarizing subjects are more hotly debated than gun control. Usually
lost in the fray of emotional diatribes to ban guns, are the historic
empirical foundations of our forefathers who fought a revolution to
escape from imperial tyranny. The true reality in today’s AmeriKa is
that individual liberty is the most despised activity that any citizen
can exert in their lives. Both the popular state worship culture and the
authoritarian hoodlums that run the government are so fearful of armed
independent citizens, that they are eager to burn the Bill of Rights.
Face it, the government is committed to force you to be a ward of the
state and will kill you if you resist.
Read More
Few
polarizing subjects are more hotly debated than gun control. Usually
lost in the fray of emotional diatribes to ban guns, are the historic
empirical foundations of our forefathers who fought a revolution to
escape from imperial tyranny. The true reality in today’s AmeriKa is
that individual liberty is the most despised activity that any citizen
can exert in their lives. Both the popular state worship culture and the
authoritarian hoodlums that run the government are so fearful of armed
independent citizens, that they are eager to burn the Bill of Rights.
Face it, the government is committed to force you to be a ward of the
state and will kill you if you resist.Read More
by Jennifer Lea Reynolds, Natural News:
If it’s been deemed bad in other countries, that’s often when the United States comes in and welcomes it with open arms. In this case, we’re talking about the fact that a California judge recently dismissed two lawsuits that claimed the Food and Drug Administration (FDA) illegally approved a harmful drug additive – ractopamine hydrochloride – used in animal feed.(1)
Indeed, despite having information about the weight gain inducing drug’s detrimental effects on animals, and that the active ingredient, found in the brand Paylean, is banned in 150 countries, U.S. District Judge Yvonne Gonzalez Rogers turned a blind eye.(1)
FDA records revealed that pigs in particular have suffered horrific consequences from being given the drug, which is designed to make them gain weight without having to consume a great deal of feed.
Read More
If it’s been deemed bad in other countries, that’s often when the United States comes in and welcomes it with open arms. In this case, we’re talking about the fact that a California judge recently dismissed two lawsuits that claimed the Food and Drug Administration (FDA) illegally approved a harmful drug additive – ractopamine hydrochloride – used in animal feed.(1)
Indeed, despite having information about the weight gain inducing drug’s detrimental effects on animals, and that the active ingredient, found in the brand Paylean, is banned in 150 countries, U.S. District Judge Yvonne Gonzalez Rogers turned a blind eye.(1)
FDA records revealed that pigs in particular have suffered horrific consequences from being given the drug, which is designed to make them gain weight without having to consume a great deal of feed.
Read More
/
It has been said “truth” is a funny concept. What is truth to one may
not be to another because opinions vary from one person to another.
“Truth” in this context consists of one’s opinion or point of view. By
this definition truth can be altered, changed or even “made”. For
example, the truth believed and espoused by MSNBC is far different than
that of FOX News, both by the reporters themselves and by viewers. Real
truth however cannot be “made”, massaged or opined as it is mathematical
in origin and more an issue of black and white.
There are both government and opposition representatives on the list of
figures for the new Syrian government proposed by Saudi Arabia,
according to Randa Kassis, leader of the Movement for a Pluralistic
Society.
If you didn’t already know that Obama is a serial murderer, and that,
for example, he has a “Terror Tuesday” meeting every week in the White
House to choose the next round of murder victims from what are called
“baseball cards,”— if you’re one of the few who has managed to remain
ignorant of this for almost seven years,— then a decision handed down on
November 23 from the US Court of Appeals for the Second Circuit, will
remind you of what the rest of us have long known.
When you examine the precious metals market, what you’re really looking
at is two separate markets, being fueled by two very different buyers.
There are those who feel that the stock market is a great investment,
and those who feel that our financial system can’t be trusted. Stock
buyers are feeling good right now, so they’re pushing “safe haven”
assets out of their portfolios. Meanwhile, the folks who don’t trust the
system have put their faith in real gold, and buy it whenever they can.![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
