Submitted by Tyler Durden on 05/28/2016 - 22:00
If the ‘deep state’ is really delusional enough to trigger a war with Russia, in Europe or elsewhere, the narcissistic and hedonistic West, drunk on its own propaganda and hubris, will discover a level of violence and warfare it cannot even imagine and if that only affected those responsible for these reckless and suicidal policies it would be great. But the problem is, of course, that many millions of us, simple, regular people, will suffer and die as a consequence of our collective failure to prevent that outcome.
by Martin Armstrong, Armstrong Economics:
We will have the BREXIT report out next week. This is incredibly
important for the fate of Europe hangs in the balance. Politicians are
only interested in saving their own jobs. They do not care about the
people and the markets reflect this arrogance.
Nobody has seen a chart of the Euro v British Pound since the floating rate system began. We had to take the formula used and recreate it in time. You cannot use the ECU because the pound was included. This shows the dramatic high the Euro made against the pound in 1985. Even during the rally of 2008 when the Euro reached $1.60 on the greenback, it looks like a minor blip on this chart against the pound sterling. In 2015, the Euro fell to .6937 against the pound and then rallied to close at .73750. We have a Yearly Bearish Reversal at .73450 which it avoided like many other markets for year-end 2015. If we elect this Yearly Bearish Reversal, this is warning new lows even against the British pound.
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We will have the BREXIT report out next week. This is incredibly
important for the fate of Europe hangs in the balance. Politicians are
only interested in saving their own jobs. They do not care about the
people and the markets reflect this arrogance.Nobody has seen a chart of the Euro v British Pound since the floating rate system began. We had to take the formula used and recreate it in time. You cannot use the ECU because the pound was included. This shows the dramatic high the Euro made against the pound in 1985. Even during the rally of 2008 when the Euro reached $1.60 on the greenback, it looks like a minor blip on this chart against the pound sterling. In 2015, the Euro fell to .6937 against the pound and then rallied to close at .73750. We have a Yearly Bearish Reversal at .73450 which it avoided like many other markets for year-end 2015. If we elect this Yearly Bearish Reversal, this is warning new lows even against the British pound.
Read More
from Sputnik News:
Russian military analyst Sergei Ishchenko comments on the US military’s
apparent plans to increase their presence on the Black Sea coast of
Bulgaria, and the possible threat to the Crimean peninsula this may
pose.
US Ambassador to Bulgaria Eric Rubin confirmed late last week that the United States would deploy additional troops to the country and conduct more training exercises beginning next year. The move, Rubin said, would be part of an overall boost in US capabilities deployed in the Black Sea region.
“We’re looking at a very significant increase as we go forward to next year, not just in exercises and training but also in rotation of units and equipment from NATO allies here to ensure that there’s a constant ability to learn how to work together, to train together, within NATO, and that includes the Black Sea,” the ambassador said, according to Sofia News Agency.
Read More
Russian military analyst Sergei Ishchenko comments on the US military’s
apparent plans to increase their presence on the Black Sea coast of
Bulgaria, and the possible threat to the Crimean peninsula this may
pose.US Ambassador to Bulgaria Eric Rubin confirmed late last week that the United States would deploy additional troops to the country and conduct more training exercises beginning next year. The move, Rubin said, would be part of an overall boost in US capabilities deployed in the Black Sea region.
“We’re looking at a very significant increase as we go forward to next year, not just in exercises and training but also in rotation of units and equipment from NATO allies here to ensure that there’s a constant ability to learn how to work together, to train together, within NATO, and that includes the Black Sea,” the ambassador said, according to Sofia News Agency.
Read More
How The Senate Just Took "A Hatchet To American Liberty"
Submitted by Tyler Durden on 05/28/2016 - 21:17 “This bill takes a hatchet to important protections for Americans’ liberty,” Wyden said following the vote. “This bill would mean more government surveillance of Americans, less due process and less independent oversight of U.S. intelligence agencies. Worse, neither the intelligence agencies, nor the bill’s sponsors have shown any evidence that these changes would do anything to make Americans more secure. I plan to work with colleagues in both chambers to reverse these dangerous provisions.”
Everyone Is Missing The Most Troubling Part About Hillary's Email Audit!
Submitted by Tyler Durden on 05/28/2016 - 20:40
“Secretary
Clinton should have surrendered all emails dealing with Department
business before leaving government service, and because she did not do
so, she did not comply with the Department’s policies that were
implemented in accordance with the Federal Records Act,” the audit report said. Bottom line: Mrs. Clinton violated the Federal Records Act. However, what is probably the most troubling about all of this is that, despite these blatant violations, there will be absolutely no legal repercussions for Mrs. Clinton for this offense. She’s off the hook! Why aren’t all the pundits screaming about that?
Former Morgan Stanley Chief Asia Economist: "Don't Listen To The Ruling Elite, The World Economy Is In Real Trouble"
Submitted by Tyler Durden on 05/28/2016 - 14:00 "Don't listen to the ruling elite," warns former Morgan Stanley Asian Economist, Andy Xie, "the world economy is on the cusp of a prolonged period of stagnation and instability." Xie points out that the ruling elite is blaming it on people seeing things (skeptic and fiction peddlers), and that "their strategy is to change people’s psychology." Unfortunately for them he concludes, "the world is catching fire and that fire will eventually reach their Davos chalets."
Edward Snowden Demonstrates How To "Go Black"
Submitted by Tyler Durden on 05/28/2016 - 20:00 When NSA whistleblower Edward Snowden first exposed the world to just how easily the government could compromise their technology and spy on them, many immediately sought ways to secure their data and protect their gadgets. But, as Wired.com reports, Snowden is here to help. "'Going Black' is a pretty big ask," he tells VICE's Shane Smith, but not impossible, as Snowden shows how to "make sure your phone works for you... instead of working for someone else."
Four Lost Decades: The Bumbling Incompetence Of The Power Elite
Submitted by Tyler Durden on 05/28/2016 - 19:30 Who is to blame for Trump and Sanders?
Obama Steps In To Defend Hillary: DOJ Fights To Block Clinton Deposition
Submitted by Tyler Durden on 05/28/2016 - 19:17 Late Thursday evening the Justice Department, under US attorney general Loretta Lynch, first appointed in 1999 by none other than Bill Clinton, filed a court motion opposing the Clinton deposition request from conservative legal watchdog Judicial Watch, claiming that the organization was trying to dramatically expand the scope of the lawsuit.
Iceland Has Offered Foreign Bondholders A "Choice": Sell Now, Or Have Cash Impounded Indefinitely
Submitted by Tyler Durden on 05/28/2016 - 19:00 In a shocking turn of events, a law passed on May 22 by Iceland's parliament is offering the foreign holders of about $2.3 billion worth of krona-denominated bonds a choice of either selling out in June at a below-market exchange rate, or have the money they receive upon maturity be impounded indefinitely in low interest bank accounts. In other words, Iceland is trying to kick out foreign investors.
US Default Risk Hits 8-Month Highs
Submitted by Tyler Durden on 05/28/2016 - 18:30 While still relatively low, USA sovereign CDS spreads have risen to 8-month highs, surging off early March lows. The reasons are likely numerous though we suggest the 4 surges in the last 3 months appear to line up with notable 'events'...
Sweden: Is Islam Compatible With Democracy?
Submitted by Tyler Durden on 05/28/2016 - 18:00 It is not a secret that democracy can be used to abolish democracy. It may have finally begun to dawn on the people that Swedish Sweden will soon be lost forever, and in many areas replaced by a Middle Eastern state of affairs, where different immigrant groups (mainly Muslims) make war on each other as well as on the Swedes. There is no country where Islam is dominant that can be considered a democracy with freedom of speech and equal justice under law.
Bitcoin Is Soaring On Unprecedented Burst In Chinese Buying
Submitted by Tyler Durden on 05/28/2016 - 17:56 What is the reason for this dramatic move higher? It appears to be China, because moments ago Bitcoin traded in CNY on the Huobi exchange soared as high as 3820, or over $580, imply a massive local-demand driven arb:
Looming Trump Presidency Drives Renewed Surge Of Immigrants Across The Southern Border
Submitted by Tyler Durden on 05/28/2016 - 17:30 As a Trump presidency becomes more and more of a possibility, immigrants believe that if there ever was a time to try and get across the border to the United States, that time is now - before Trump has a chance to act on his words. Trump "says he wants to build a wall. They want to get over before he builds it,” said Mario Saucedo Mendoza, who works at the Senda de Vida migrant shelter in Reynosa, the Mexican city across the border from McAllen. “He’s said these things, and people are trying to get in front of him, they are trying to cross now...The campaign trail talk is going to encourage people from here to November."
"Greed & Fear Are Great Teachers" Black Swan Author Tells Graduates "Always Have Skin In The Game"
Submitted by Tyler Durden on 05/28/2016 - 17:00 "Greed and fear are teachers... Do not read the newspapers, or follow the news in any way or form...It doesn’t mean ignore the news; it means that you go from the events to the news, not the other way around... If something is nonsense, you say it and say it loud...One should never do anything without skin in the game."
Hillary's New Avengers
Submitted by Tyler Durden on 05/28/2016 - 16:30 What chance does Bernie stand against this...
The Task Confronting Libertarians
Submitted by Tyler Durden on 05/28/2016 - 16:00 If libertarians lose on the inflation issue, they are threatened with the loss of every other issue. If libertarians could win the inflation issue, they could come close to winning everything else. If they could succeed in halting the increase in the quantity of money, it would be because they could halt the chronic deficits that force this increase. If they could halt these chronic deficits, it would be because they had halted the rapid increase in welfare spending and all the socialistic schemes that are dependent on welfare spending. If they could halt the constant increase in spending, they could halt the constant increase in government power.
Here Are BofA's "Trades Of The Unexpected" For June, The "Event Risk Month"
Submitted by Tyler Durden on 05/28/2016 - 15:17 In the run-up to June, financial markets continue to be trapped within multi-month trading ranges: GT5 1.2-1.8%, DXY 92-100, ACWI 380-440, SPX 1850-2100, VIX 12-20. So what are the catalysts & “trades of the unexpected” should risk assets finally breakout or breakdown?
Putin Vows Retaliation Over US Missile Shield; Warns Poland, Romania Now In The "Cross Hairs"
Submitted by Tyler Durden on 05/28/2016 - 14:38 during a joint press conference with Tsipras in Greece, Putin warned Romania and Poland they could find themselves in the sights of Russian rockets because they are hosting elements of a U.S. missile shield that Moscow considers a threat to its security. "If yesterday in those areas of Romania people simply did not know what it means to be in the cross-hairs, then today we will be forced to carry out certain measures to ensure our security."
by Alasdair Macleod, GoldMoney:
Gold and silver drifted lower this week, dollar prices falling approximately 2.5% and 1.5% respectively.
It is a continuation of the previous week’s trend, which saw larger falls. To date, from 1st January the dollar price of gold this morning in early European trade is up 15.14%, and silver 17.7%. So even though prices have fallen this month, holders of precious metals have done better than those exposed to other asset classes.
A notable feature has been the sharp contraction of gold’s open interest on Comex, which over the last eight trading sessions has contracted 71,400 contracts to a more normal 525,094 figure. This contraction broadly correlates with the fall in the gold price, as shown in our second chart.
Read More
Gold and silver drifted lower this week, dollar prices falling approximately 2.5% and 1.5% respectively.It is a continuation of the previous week’s trend, which saw larger falls. To date, from 1st January the dollar price of gold this morning in early European trade is up 15.14%, and silver 17.7%. So even though prices have fallen this month, holders of precious metals have done better than those exposed to other asset classes.
A notable feature has been the sharp contraction of gold’s open interest on Comex, which over the last eight trading sessions has contracted 71,400 contracts to a more normal 525,094 figure. This contraction broadly correlates with the fall in the gold price, as shown in our second chart.
Read More
by Simon Black, Sovereign Man:
No one likes to pay for insurance.
If you don’t smoke, if you go to the gym regularly, and if you generally eat well, it just might not seem worth it.
Especially when the average cost of insuring against just catastrophic health incidents can take up about 4% of your income.
But most of us do it anyway.
After all, paying small amounts over time feels a lot better than having to write a huge check when you’re at your worst.
It’s become the norm to take out insurance against just about every possibility
Click HERE to Listen
No one likes to pay for insurance.If you don’t smoke, if you go to the gym regularly, and if you generally eat well, it just might not seem worth it.
Especially when the average cost of insuring against just catastrophic health incidents can take up about 4% of your income.
But most of us do it anyway.
After all, paying small amounts over time feels a lot better than having to write a huge check when you’re at your worst.
It’s become the norm to take out insurance against just about every possibility
Click HERE to Listen
by Kristan Harris, Activist Post:
25 Rules of Disinformation – Possible rules of Operation Mockingbird
1. Hear no evil, see no evil, speak no evil. Regardless of what you know, don’t discuss it — especially if you are a public figure, news anchor, etc. If it’s not reported, it didn’t happen, and you never have to deal with the issues.
2. Become incredulous and indignant. Avoid discussing key issues and instead focus on side issues which can be used show the topic as being critical of some otherwise sacrosanct group or theme. This is also known as the “How dare you!” gambit.
3. Create rumor mongers. Avoid discussing issues by describing all charges, regardless of venue or evidence, as mere rumors and wild accusations. Other derogatory terms mutually exclusive of truth may work as well. This method works especially well with a silent press, because the only way the public can learn of the facts are through such “arguable rumors.” If you can associate the material with the Internet, use this fact to certify it a “wild rumor” which can have no basis in fact.
Read More
25 Rules of Disinformation – Possible rules of Operation Mockingbird1. Hear no evil, see no evil, speak no evil. Regardless of what you know, don’t discuss it — especially if you are a public figure, news anchor, etc. If it’s not reported, it didn’t happen, and you never have to deal with the issues.
2. Become incredulous and indignant. Avoid discussing key issues and instead focus on side issues which can be used show the topic as being critical of some otherwise sacrosanct group or theme. This is also known as the “How dare you!” gambit.
3. Create rumor mongers. Avoid discussing issues by describing all charges, regardless of venue or evidence, as mere rumors and wild accusations. Other derogatory terms mutually exclusive of truth may work as well. This method works especially well with a silent press, because the only way the public can learn of the facts are through such “arguable rumors.” If you can associate the material with the Internet, use this fact to certify it a “wild rumor” which can have no basis in fact.
Read More
from TheAnarchast:
Jeff interviews Texan Anarchist Activist, Brett Sanders. Topics include: paying a speeding ticket with pennies, liberty activism, liberty is nature, Adam Kokesh, arrested for open carrying, irrational gun control laws, streaming the arrest via Cell411 app, community support and effecting positive change, order followers the most evil people in the world, lobbyists and the NRA, still no real right to bear arms in the USA.
Jeff interviews Texan Anarchist Activist, Brett Sanders. Topics include: paying a speeding ticket with pennies, liberty activism, liberty is nature, Adam Kokesh, arrested for open carrying, irrational gun control laws, streaming the arrest via Cell411 app, community support and effecting positive change, order followers the most evil people in the world, lobbyists and the NRA, still no real right to bear arms in the USA.
by David Stockman, David Stockman’s Contra Corner:
There has never been a more destructive central banking policy than the
Fed’s current maniacal quest to stimulate more inflation and more debt.
That’s what is killing real wages and economic vitality in flyover
America—-even as it showers prodigious windfalls of unearned wealth on
Wall Street and the bicoastal elites who draft on the nation’s vastly
inflated finances.
In fact, the combination of pumping-up inflation toward 2% and hammering-down interest rates to the so-called zero bound is economically lethal. The former destroys the purchasing power of main street wages while the latter strip mines capital from business and channels it into Wall Street financial engineering and the inflation of stock prices.
In the case of the 2% inflation target, even if it was good for the general economy, which it most assuredly is not, it’s a horrible curse on flyover America. That’s because its nominal pay levels are set on the margin by labor costs in the export factories of China and the EM and the service sector outsourcing shops in India and its imitators.
Read More
There has never been a more destructive central banking policy than the
Fed’s current maniacal quest to stimulate more inflation and more debt.
That’s what is killing real wages and economic vitality in flyover
America—-even as it showers prodigious windfalls of unearned wealth on
Wall Street and the bicoastal elites who draft on the nation’s vastly
inflated finances.In fact, the combination of pumping-up inflation toward 2% and hammering-down interest rates to the so-called zero bound is economically lethal. The former destroys the purchasing power of main street wages while the latter strip mines capital from business and channels it into Wall Street financial engineering and the inflation of stock prices.
In the case of the 2% inflation target, even if it was good for the general economy, which it most assuredly is not, it’s a horrible curse on flyover America. That’s because its nominal pay levels are set on the margin by labor costs in the export factories of China and the EM and the service sector outsourcing shops in India and its imitators.
Read More
from The Daily Sheeple:
Has modern psychology has become the science of disempowerment?
You no longer have to be a bona fide psychiatrist to prescribe mood and mind-altering pharmaceuticals to patients young and old, as any general practitioner is now allowed to experiment on their patients in this regard. This helps to explain why some 78 million Americans are presently taking psychiatric pharmaceutical drugs, roughly 25% of the U.S. population. Which came first the diagnosis or the pill?
Psychology is the study of behavior and the mind, but the role it plays in mass producing obedient sheeple is increasingly apparent.
In 1961, well after the advent of lithium and thorazine, psychologist Stanley Milgram conducted what is now one of the world’s most famous psychological experiments. So critical it is supposed to be to our understanding of human nature that it is taught in nearly every psychology class.
Read More
Has modern psychology has become the science of disempowerment?You no longer have to be a bona fide psychiatrist to prescribe mood and mind-altering pharmaceuticals to patients young and old, as any general practitioner is now allowed to experiment on their patients in this regard. This helps to explain why some 78 million Americans are presently taking psychiatric pharmaceutical drugs, roughly 25% of the U.S. population. Which came first the diagnosis or the pill?
Psychology is the study of behavior and the mind, but the role it plays in mass producing obedient sheeple is increasingly apparent.
In 1961, well after the advent of lithium and thorazine, psychologist Stanley Milgram conducted what is now one of the world’s most famous psychological experiments. So critical it is supposed to be to our understanding of human nature that it is taught in nearly every psychology class.
Read More
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