Active shooter drills carried out EVERY MONTH at San Bernardino Inland Regional Center… staff tweeted ‘drill started’ as police raid began

by Mike Adams, Natural News:

Get this: The location where the shooting was carried out today in San Bernardino — the Inland Regional Center — has been subjected to monthly active shooter drills, we’re now learning.
This adds even more evidence to the notion that this may be a staged false flag event to provide Obama justification for outlawing private firearms ownership among law-abiding citizens.
From the LA Times:
At the Inland Regional Center, where she’s a nurse, the staff works with clients and parents of clients who are sometimes angry. They have active-shooter drills every month or so.
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11 "Alarm Bells" That Show The Global Economic Crisis Is Getting Deeper

But just like in 2008, the “experts” at the Federal Reserve are assuring all of us that everything is going to be just fine.  This is the exact same kind of mistake that the Federal Reserve made back in the late 1930s.  They thought that the U.S. economy was finally recovering, and so interest rates were raised.  That turned out to be a tragic mistake.

Markets In Turmoil - Bonds, Stocks, & Dollar Dumbstruck After Disappointing Draghi & Dire Data

Submitted by Tyler Durden on 12/03/2015 - 16:04

DMV Releases Photo Of "Radicalized" Mass Shooter After Weapons Trove Found In House

Submitted by Tyler Durden on 12/03/2015 - 12:44 Update: DMV releases driver's license photo of Farook
In a press briefing on Thursday, San Bernardino officials catalogued the weapons and ammo discovered in the vehicle and home of Syed Rizwan Farook and his wife Tashfeen Malik who killed 21 and wounded 14 on Wednesday. Additionally, CNN (citing "sources") says Farook was likely "radicalized." The pair were "well equipped" and could have staged another attack, police say.

"But It's Just A 0.25% Rate Hike, What's The Big Deal?" - Here Is The Stunning Answer

"QE2 moved Repo rates, on average, 2.7 basis points for every $100B in QE. So, one very rough estimate moved GC 8 basis points and the other 2.7 basis points per hundred billion. In order to move GC 25 basis points higher, in a very rough estimate, the Fed needs to drain between $310B and $800B in liquidity."

Money Is Becoming Unmanageable

Why are the worlds’ most successful investors having so much trouble lately? The short answer is that the markets they used to understand have been replaced by something very different. In this new, post-market world, money managers can’t separate signal from noise and end up on the wrong end of wild swings in commodities, currencies and interest rates. And now their clients are figuring this out.

Auto Loan Madness Continues As US Car Buyers Take On Record Debt, Lunatic Financing Terms

Submitted by Tyler Durden on 12/03/2015 - 18:10

General Wesley Clark: ISIS Serves Interests Of US Allies Turkey And Saudi Arabia

"Let’s be very clear: ISIS is not just a terrorist organization; it is a Sunni terrorist organization. That means it blocks and targets Shi’a. And that means it’s serving the interests of Turkey and Saudi Arabia - even as it poses a threat to them." - Retired Gen. Wesley Clark

Off-Balance Volume

"Buying" versus "selling" volume has diverged dramatically in the last few weeks creating a dangerous sense of pre-Black-Monday deja-vu.

3 Things: Expected Returns, Returns, & Net Returns

There is no doubt that another major market reversion is coming. The only question is the timing of such an event which will wipe out the majority of the gains accrued during the first half of the current full market cycle. Assuming that you agree with that statement, here is the question: "If you were offered cash for your portfolio today, would you sell it?" This is the "dilemma" that all investors face today.

How Bull Markets End

Silicon Valley has been in a food fight for about three years now. Everyone knows it’s going to end, except for the folks in Silicon Valley. Anyone who invested at these valuations will richly deserve what’s coming to them. Those prices were cuckoo.

In Addition To Swimming In Feces, Olympians Will Have To Pay For AC In Brazil

"If you don’t provide them with good food, a good place to sleep and comfortable temperature, they won’t be able to recover and bring the A-plus product that the world is demanding. To cut the budget on athletes’ hospitality and comfort, that’s just going to cheapen the games.”

Potential OPEC Cut? It Depends On Non-OPEC Nations Now

Submitted by Tyler Durden on 12/03/2015 - 15:19 Eighty-five years after the birth of French filmmaker Jean-Luc Godard, and the crude complex is acting suitably surreal today. As expected, rhetoric is ratcheting up out of Vienna ahead of tomorrow’s OPEC meeting, with the crude market shaken up like a snowglobe.

Meet Syed Farook And Tashfeen Malik, The Husband And Wife San Bernardino Shooters

Submitted by Tyler Durden on 12/03/2015 - 15:10 “Was there a link to terror?” That’s the question Americans are asking themselves the morning after a husband and wife opened fire with assault rifles killing 14 and wounding 17 at a San Bernardino County employee holiday party. The shooters, Syed Rizwan Farook, 28, and Tashfeen Malik, 27, left their young child with Farook’s mother in nearby Redlands on Wednesday morning before dressing in “assault clothing,” and crashing the party (literally).

A Crushed Goldman FX Strategist Speaks: "We Badly Misread This Meeting"

Submitted by Tyler Durden on 12/03/2015 - 15:00 "Today’s sell-off in Bund yields (Exhibit 2) and the bounce in EUR/$ rivals those seen in April and May and again puts the question of ECB commitment to QE firmly on the table. ... We are placing our forecasts under review."

Dow Futures Dump 450 Points From Pre-Draghi Highs

 From hope to nope...

LAWRIE WILLIAMS: COMEX is fiction; a casino for paper gold – Hathaway

from Sharpspixley:
John Hathaway – Senior Portfolio Manager for Tocqueville Asset Management in the U.S. is one of the most respected gold fund managers and analysts around so his observations should not be taken lightly. Speaking late in the afternoon on the second day of the Mines & Money conference and exhibition in London – following on from a busy day featuring a hugely impressive array of some of the resource sector’s top investors, miners and commentators including Frank Holmes, Pierre Lassonde, Grant Williams, John Kaiser, Rick Rule, David Humphreys, Mark Bristow, Peter Hambro, Neil Froneman, Rob McEwen and several more – Hathaway had some very harsh words for the impact on the gold market and on price of the massive paper gold trading volumes on the COMEX in particular. Describing COMEX as ‘fiction: a casino for paper gold’ he seized on latest figures showing that paper gold trades on COMEX in a day were running at a level around 300 times annual daily new physical gold supply and questioning how such trades can effectively set the gold price bearing little or no relation to gold supply and demand fundamentals.
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Yellen’s Bluff – The Economy Is Getting Sucked Into A Black Hole

by Dave Kranzler, Investment Research Dynamics:

Dave, why is your Federal Reserve/Government so insistent on the idea of raising rates and coming up with truly insulting economic numbers to allegedly justify it? What is really going on behind the curtain? – John Embry
Apparently, Janet Yellen is asserting that “gains” in the labor market show the economy is on a healthy track of expansion and this necessitates a need to raise interest rates. First of all, this coming from a troll-like figure who stated in an FOMC meeting – per the 2009 FOMC meeting transcripts – that the employment report was bogus. And second, it stretches any realm of credibility to assert that a one-quarter of one percent hike in the Fed Funds rate constitutes a rate hike.
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The Spies Who Ruin Us

by Andrew P. Napolitano, The Burning Platform:
In an effort to draw attention away from the intelligence failures that permitted the attacks of 9/11 and create the impression that it was doing something — anything — to avoid a repeat, the federal government tampered seriously with freedoms expressly guaranteed in the Constitution. Its principal target was the right to privacy, which is protected in the Fourth Amendment.
At President George W. Bush’s urging, Congress passed the Patriot Act in October 2001. This 315-page statute passed the House of Representatives with no debate, and there was very limited debate in the Senate. I have asked many members of Congress over the years whether they read this bill before they voted upon it, and I have yet to find a member who did. In the House, that would have been impossible; the bill was made available to representatives only 15 minutes prior to their vote.
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Americans Buying More Guns than Ever: Black Friday Gun Background Checks Shatter Single Day Record

from Off Grid Survival:

A record number of people attempted to buy firearms over the weekend, with 185,345 people submitting background checks on Black Friday, breaking the single day record of 177,000 from December 21, 2012.
FBI spokesman Stephen Fischer said “Black Friday [2015] shattered the single-day record with 185,345 background checks processed in a 24-hour period — or slightly more than two background-checks every second.”
The Black Friday sales follows some of the largest firearms sales numbers in history, with May through October of this year all setting records.

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Silver Maple Leaf Sales Surge 76 % Y/Y

by Koos Jansen, Bullion Star:

In the third quarter 9.5 million ounces (295 tonnes) of silver were sold in Maple Leaf Coins by the Royal Canadian Mint, according data released on Friday. Third quarter silver coin sales at the Canadian Mint were up 76 per cent from the third quarter in 2014 and up 40 % from the second quarter in 2015.
The data available on the website of the Royal Canadian Mint shows Q3 silver Maple Leaf sales were the highest since Q2 2011 (346 tonnes) when the silver price peaked above 45 US dollars an ounce. Currently, spot silver is trading at 14.25 US dollars an ounce. Many retail precious metals investors have taken the opportunity this year to buy silver coins at bargain prices while there still is great economic uncertainty around the world.
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We Don’t Really Know What’s Happening

by Jim Quinn, The Burning Platform:

And, believe it or not, this is rather good news. I’ll explain.
We all like to know what’s happening in the world, and for good reason… understanding our surroundings is essential to survival. We instinctively seek information… we need information. There is, however, a problem that we face:
No matter how much “news” you consume, you won’t really know what’s going on in the world.
We can’t know, because ‘the news’ is half illusion, provided by government-dependent corporations that are paid to keep you watching and to keep you joined to the status quo.
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The Economy Has Come To A Screeching Halt, The Global Collapse Is Upon Us – Episode 832a

from X22 Report:

14 Things To Do Before World War III Begins

by Dave Hodges, The Common Sense Show:

Yesterday, The Common Sense Show issued a breaking news alert as to the elite bugging out to deep underground bunkers in Morocco. The Common Sense Show is announcing that we have even more details have surfaced regarding to Moroccan bugging out indicating that World War III is imminent.
If such an event ever came to fruition, it could potentially paralyze this nation and bring the economy to a standstill. Subsequently, the grocery store shelves could be empty within two days and food riots would likely commence by sundown of the second day. All Americans would instantly be in danger. Local law enforcement would be overwhelmed. What would be your chances of survival? Previously, I wrote about the fact that FEMA has conducted research studies on America’s level of preparedness and the news is not good. FEMA concluded that 72% of all Americans are not prepared to survive what is coming In other words, when society begins to fragment, you and your fellow preppers are outnumbered by a 3 to 1 margin.
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