Submitted by Tyler Durden on 03/01/2016 - 18:31
On Tuesday, Donald Trump and Hillary Clinton are expected to all but lock up the GOP and Democratic nominations, respectively. If all goes as planned, the stage will be set for an epic political showdown between the bellicose billionaire and the belligerent former Secretary of State.
Today is a turning point in the election.
For months now, the globalists and the establishment factions in both parties have been on the offensive to try to stop Trump’s momentum.
But if polls hold, today they will become officially unable to stop him from the nomination through ordinary electoral means… though there are still other tools at their disposal.
Via Gary Franchi at the Next News Network:
Twelve US states and one territory will hold their primary contests known as “Super Tuesday” on March 1, to decide the candidates to represent the Republican and Democratic parties in the November 2016 general presidential election.Read More
Submitted by Tyler Durden on 03/01/2016 - 17:30 “We’re in trouble basically because productivity is dead in the water…Real capital investment is way below average. Why? Because business people are very uncertain about the future.”
Submitted by Tyler Durden on 03/01/2016 - 22:00 Politics today is not about Republicans and Democrats. Nor is it about healthcare, abortion, higher taxes, free college tuition, or any of the other buzzwords that have become campaign slogans for individuals who have mastered the art of telling Americans exactly what they want to hear. Politics today is about one thing and one thing only: maintaining the status quo between the Controllers (the politicians, the bureaucrats, and the corporate elite) and the Controlled (the taxpayers).
Submitted by Tyler Durden on 03/01/2016 - 21:30
Eric Hunsader Explains To CNBC That "Markets Are Always Rigged" And What He May Spend His $750,000 Prize OnSubmitted by Tyler Durden on 03/01/2016 - 21:04 Q. Just looking at the history of markets, aren't they always rigged to some degree?
A. Yes, they are always rigged.
Submitted by Tyler Durden on 03/01/2016 - 21:00 When considered carefully, apathy - American apathy - is a serious crime. A crime against world humanity. The checks and balances by humans on Empire are permissively missing in empirical America. Americans are thus complicit in the further daily destruction of the remaining world they wish to know little about. When the dust of the oncoming rampage of history has settled over the folly of this American empire, guilt for its accumulated horrors will sit squarely on the American people’s heads, as much as the shoulders of their obviously treasonous politicians.
Submitted by Tyler Durden on 03/01/2016 - 20:30 As Nate Hagens noted, "people think that the economy runs on money but it runs on energy," and as Art Berman details in the following interview how the current oil price collapse represents devaluation from over-investment in unconventional oil - and most commodities - because of cheap capital, and is simply a classic bubble. "Continued oil prices of $30 per barrel or less are the only reasonable path to higher growth and a balanced oil market," Berman contends, adding that he expects $16.50/bbl - "I think we're gonna get there." Berman concludes ominously, we're not going 'back' to anything - "Normal is over, and there is no new normal yet."
Submitted by Tyler Durden on 03/01/2016 - 20:26 Having yesterday expressed clearly that there was no desire to see the Yuan depreciate, The PBOC weakened the Yuan fix by 0.16% to one-month lows. This sent offshore Yuan notably lower back to post-RRR-Cut lows. For the 2nd day in a row, PBOC also decided to 'skip' open market operations (due to ample liquidity according to their statement).
Keep eating that yummy Pacific Ocean fish...
Submitted by Tyler Durden on 03/01/2016 - 19:35 "Police were called to the area after refugees, enraged by an earlier eviction, attacked trucks with stones, debris, and iron bars"...
Submitted by Tyler Durden on 03/01/2016 - 19:24 It is likely just a coincidence that just a month after we reported that China's real debt/GDP was far greater than the 280% or so accepted conventionally, and was really up to 350% if not higher after the recent record loan issuance surge, moments ago Moody's officially downgraded its outlook of China's credit rating from stable to negative, citing three key risks: 1) The ongoing and prospective weakening of fiscal metrics, as reflected in rising government debt and in large and rising contingent liabilities on the government balance sheet; 2) A continuing fall in reserve buffers due to capital outflows, which highlight policy, currency and growth risks; 3) Uncertainty about the authorities' capacity to implement reforms - given the scale of reform challenges - to address imbalances in the economy.
Submitted by Tyler Durden on 03/01/2016 - 19:00 In the wake of numerous cases of lead poisoning through Flint, Michigan’s government-managed water supply, some commentators immediately began looking for ways to blame the private sector.
Submitted by Tyler Durden on 03/01/2016 - 17:51 In an interview with Reuters Jennifer Ablan after DoubleLine Capital's February flow figures were released (it was a $2.2 billion inflow) , Gundlach said the firm is now considering closing out some of its long positions in the stocks that they purchased three weeks ago.... And just to avoid confusion, this is where Gundlach stands now: "I am bearish. There are just wiggles and jiggles in the markets."
Sustainability holds key in green quest for China … With the Chinese economy slowing down, it is possible to predict that the country’s policymakers would still have their eyes trained on economic development for a not-so-bad GDP growth, rather than sustainability matters, say experts, but applaud environmental steps taken. –China Daily
Here’s an article in China Daily treading carefully as regards “environmental steps.”
It’s no different than a thousand articles and memos made available every day from the mainstream media boosting all kinds of “sustainability.”
Recently, Anti-Media covered the revelation that Samsung transmits audio commands recorded by their Smart TVs to a third party company, which raises all sorts of red flags regarding encryption standards and, more importantly, people’s privacy in their own homes.
Last year, Anti-Media posted a list of surprising objects endowed with surveillance or data extraction capabilities — including the Statue of Liberty, mannequins, billboards, and more. The company Immersive Labs, for instance, creates software for digital billboards that allows them to watch your face and then tailor a specific ad based on your facial features.
On Monday, the next generation of corporate surveillance was deployed — a new kind of billboard that utilizes surveillance triangulation the likes of which we’ve never seen.
It means the FDA has officially been bought by Big Pharma.
In disclosure information printed in Circulation, Califf also lists financial links to the maker of the $1000-a-pill hepatitis C drug AlterNet recently wrote about. But this is FDA commissioner material? No conflict of interest here, people, just keep on keepin’ on.
In this article titled, Sandy Hook:Free Speech Battleground, I will compile and document for posterity the increased subversiveness from defenders of the official accounts of the Sandy Hook Event and their attempts to curtail fundamental freedoms.
“Restriction of free thought and free speech is the most dangerous of all subversions. It is the one un-American act that could most easily defeat us.”
― U.S. Supreme Court Justice, William O. Douglas
Americans are most forgiving of their former Presidents. When they leave office, most people forget about all the shenanigans and sweet heart arrangements. On the surface, Obama looks like a relative novice when compared to the Bushes and Clintons. Hey, give him a little slack. He is just ready to get started. By any evaluation, the net worth of the Obama’s is mere chump change from the rarified air of the Trump Towers. Making money at the end of the office term is understandable. Few folks would expect Obama to be the next Jimmy Carter, when he has to pay for his own golf vacations.
So what is the financial background on Barry Soetoro? An answer to that query would go a long way to expose his true origins and his meteoric rise to bring him into the millionaire class.
Sales of American Silver Eagle Coins set a February record of 4,782,000.
Sales of American Silver Eagles in February 2016 were 58.2 % greater than February 2015 sales.
February American Silver Eagle sales were limited by U.S. Mint rationing to its Authorized Purchasers.
Sales of one ounce American Gold Eagle Coins in February were 67,500.
“The first principle is that you must not fool yourself and you are the easiest person to fool.” Richard P. Feynman
Every year, I patiently await the release of Warren Buffet’s Annual Letter written to shareholders of Berkshire Hathaway. Though I have “evolved” when it comes to macroeconomics and my understanding of monetary history, I still consider myself first and foremost a bottom-up deep value investor and view this methodology as the only logical method to analyze, invest, or short securities traded by market participants in a free market. As far as value investors go, Buffet and his mentor Benjamin Graham are not only the best practitioners of the craft but have basically re-invented it and evangelized it. For that, every investor should have and maintain great respect for Warren Buffet, Benjamin Graham and others including Charlie Munger, Irving Khan, Walter Schloss, and David Gottesman.
In this article, we feature four gold-related charts. Two of them are bullish and two are bearish.
The first bullish chart is the gold price with its trend channel since it peaked in 2011. So far, the breakout out of the trend channel is strongly bullish. What gold bulls would like to see now is a successful test of 1200 USD (resistance line). With gold trading only 20 USD above that price point, it will not take long to see the results of that test.
The second bullish chart is the correlation between inflation expectations (TIPS) and the price of gold. In the last 1.5 years, inflation expectations have been falling. As soon as the Fed started talking about negative interest rates, inflation expectations started rising, and confirmed gold’s rise.