Here’s What The FBI Was Doing Instead Of Catching The Orlando Shooter

Out of the 508 terrorism-related cases since September 11, 2001, more often than not, the FBI has had a hand in creating the very terrorist threat they have claimed to be protecting us from. Two-hundred and forty-three of these cases involved an FBI informant.

 

European Funding Stress Emerges As Credit Suisse, Deutsche Bank Collapse To Record Lows

It is becoming increasingly impossible for the glad-handing, cheerleading members of the status-quo-hugging club to ignore the fact that Europe's banking system is collapsing.

 

"Wanted: Policy Panic" - Why The Biggest Investors Are Praying For A Market Crash

"Wanted: policy panic" - Potential combo of “summer of shocks” and “Quantitative Failure” = high cash; hopes for new radical policy stimulus low…record FMS reading for fiscal policy “too restrictive”

See why I call him "Wrong Way Gartman" ...

One Day After Warning Of World War III, Gartman Turns "Marginally Net Long"

"As for our own positions in our retirement fund, for the  year-to-date we are +3.3% and are thus beating the year-to- date returns of both our International Index and of the S&P. We are marginally net long as of last night’s close although we became marginally net less so early in the session as we added a bit to our short derivatives position."

Cameron’s Deceit And Lies: What He Promised, What He Delivered

As we head into the final stages of the Brexit debate, it would be wise to revisit prime minister David Cameron’s pledges with UK citizens regarding EU rules and what he actually delivered.

Retail Sales Growth Slows As 'Home-Buying'-Proxy Tumbles

Following April's gas-price-surge-driven spike in retail sales (by the most in 13 months), May and June have seen various sections of the retailing world collapse, as we detailed here, and growth slowed acordingly with a 0.5% rise MoM (though beating expectations of a 0.3% rise). Before everyone breaks out the champagne for the new recovery, however, we note that the biggest contributor to May's gains was a 2.1% jump in gasoline station spending - which is "unequivocally bad" right?

The Selling Returns With A Vengeance: The "Smart Money" Dumps Most Stocks Since mid-April

BofA's "smart money" clients returned to selling US stocks last week, after a week of net buying. They have been sellers in 19 of the last 20 wks. Net sales soared to $3.8bn last week - the largest since mid-April, with selling led by institutional clients. Net sales of single stocks were broad-based across sectors; ETFs, meanwhile, saw net buying.

ISIS-Linked Islamist Kills Two French Policemen In Latest "Abject Act Of Terrorism"

A suspected Islamist attacker stabbed a French police commander to death outside his home and later killed his companion, a policewoman, in an attack claimed by Islamic State and denounced by the government as "an abject act of terrorism".  The assailant, a 25-year-old Frenchman of Moroccan origin, was jailed in 2013 for helping Islamist militants go to Pakistan and had been under security service surveillance, including wiretaps, at the time of the attack, police sources said.

UEFA Will Disqualify Russian Euro 2016 Team If More Fan Violence, Fines Russian Soccer Federation €150,000

In the aftermath of the Euro 2016 fan violence between supporters of the Russian and English teams, moments ago UEFA announced that it has given Russia a suspended disqualification from the tournament, which means the Russian team will be expelled from the tournament in case of repeated violence. The Russian soccer federation will also be fined €150,000.

Soaring Brexit Fears Spark Global Flight To Safety, Send 10 Year Bunds Tumbling Below 0%

The UK EU referendum is suddenly totally dominant in financial markets. The increased focus comes as the leave campaign has gathered steam as 4 polls yesterday afternoon/evening put the 'leave' campaign ahead. As a result of the continued global scramble for safety, German 10Y bunds finally dropped below 0% for the first time ever, while global risk assets are red around the globe.

'X' Marks The Spot - Wages Started Losing When The Dollar Delinked From Gold In 1971

At “X” Marks the Spot, "[s]omething happened," and the wages of goods-producing workers flatlined, never to recover. As it happens, “X” correlates with Nixon shutting down the Bretton Woods gold standard in 1971 and the epic failure to get it fixed and restored in 1973. The drag, after a modest lag, filtered into the working economy. The rest is persistent stagnation for median families.

 

Bizzaro World: Danish Homebuyers Now Pay Less To Borrow Over Thirty Years Than The US Government

The farce is complete... between the search for yield due to Draghi's policies, and the perceived safety of Danish mortgage backed securities, mortgage borrowers in Denmark can borrow at a cheaper rate on a 30-year loan than the US government.

 

How Muslim Countries Treat Homosexuals

"The left wingers are spouting gibberish about this having nothing to do with Islam or Muslim beliefs. Bullshit. Muslims hate gays and think they should die for their lifestyles. It’s their law..."

 

17 Facts About The Orlando Shooter That Every American Should Know

When is it going to finally sink in for our politically correct politicians that Islamic terror is a major threat?

Kings Of The Sandbox

from Rogue Money:
The New Trade Order
As the sun sets on the American empire, the reality that it is fated to end up on the trash heap of history comes ever more into focus. Allow me to highlight the latest moves on the global economic chessboard that further cement this reality.
For years now, The Guerrilla has howled that most countries will refuse to participate in so-called “trade pacts” like the Toilet Paper Protocol (TPP). Look, for example, at the difficulties Exceptionalistan is having when it comes to getting even Europe’s neutered pantywaists to accept the TTP’s ugly stepsister, the Transatlantic Trash Investment Partnership (TTIP). What a joke these pieces of diplomatic garbage are. The idiocrats leading the Empire of Stupid still operate like the year is 1980 and the Cold War is in full swing. They seem to believe that other nations have no choice but to worship at the feet of King Dollar.
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Research: Pomegranate May Reverse Blocked Arteries

by Sayer Ji, The Sleuth Journal:
While technically a berry, pomegranate “fruit” may be nature’s answer to turning the tide against the #1 cause of death in the industrialized world: heart disease. Let’s start with what it tells us simply through experiencing it…
Pomegranate has a remarkable astringency, giving your mouth and gums that dry, puckering mouth feel. This cleansing sensation is technically caused, as with all astringents, by shrinking and disinfecting your mucous membranes.
Anyone who drinks pomegranate juice, or is lucky enough to eat one fresh, can understand why it is so effective at cleansing the circulatory system. Nature certainly planted enough poetic visual clues there for us: its juice looks like blood, and it does resemble a multi-chambered heart, at least when you consider its appearance in comparison to most other fruits.
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$5,000 per oz Gold in Coming Bubble! – Resource Investment Expert Marin Katusa on How to Profit BIG

from FutureMoneyTrends:

THE “LEHMAN OF EUROPE” ON THE VERGE OF COLLAPSE

by Andy Hoffman, Miles Franklin:
Four months ago, amidst the U.S. stock markets’ worst – and Precious Metals’ best – ever start to a year, I opined that a swirling confluence of devastating political, economic, and monetary events made it unlikely the world would escape 2016 without a catastrophic financial market event. Fast forward to today, and I feel stronger than ever about this outlook, now that “the powers that be’s” best efforts to manipulate worldwide markets and economic data have fallen flat on their face. Not to mention, the Cartel’s last ditch gambit to put Precious Metals “back in their box”; as following the past week’s spirited, albeit blatantly capped, rallies, gold and silver have recouped three-quarters of their post “FOMC minutes attack” losses; just as I predicted in May 18th’s epic, 42-minute, must listen Audioblog, titled “the Fed’s desperately pathetic FOMC minutes attack will miserably fail.”
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BOMBSHELL: Whoa!! “Jihadi Dad” – Orlando Terrorist’s Father Seddique Mateen Visited State Dept.

from Investment Watch Blog:
This is a little disturbing.  Remember Amed Mohamed and the exploited islamic opportunism with 14-year-old “clock boy” bomb hoax from Irving Texas and how his father was running for political office in Sudan?
Well, apparently 29-year-old terrorist Omar Mateen (below left) comes from a similarly engaged political family and his father, Seddique Mateen (below right), was/is running for national office in Afghanistan and not happy with the government of Pakistan.
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Microsoft’s Acquisition Of Linked-In Is Beyond Idiotic

by Dave Kranzler, Investment Research Dynamics:
I will say right off the bat that Microsoft’s stock is now one of my favorite short-sell candidates. This is the 2000 tech bubble on steroids. MSFT itself is extremely overvalued given that its revenues are down over 7% on a trailing twelve month basis compared to its FY 2015 ended June 30th. Its net income is down 16% on the same comparison basis. MSFT itself trades at a 38x trailing p/e with declining revenues and income. It trades at 4.7x sales and 5.4x book value.
It’s been issuing debt like the U.S. Government in order to buy back shares, with its debt load increasing nearly 50% since September, from $27 billion to over $40 billion. Since June 2013, MSFT’s debt load is up 333% (from $12 billion).
MSFT’s valuation is in and of itself is insane given it’s debt-addled balance sheet and deteriorating business model. Microsoft Windows 8 was a total abortion and Windows 10 is not much better. Anyone with two brain cells to rub together uses the bare bones Windows 7 and the freeware Linux-based Microsoft surrogate software, which can can be downloaded for free (or a gratis donation) and is superior to MSFT’s crap (see OpenOffice.org, for instance).
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Tensions Rising Between Russia, U.S. – Do Drills And Bases Signal Troop Placement?

by Brandon Turbeville, Activist Post:

With the rising tensions in Syria between the United States, NATO, Europe, and Russia, there are, once again, signs that both sides are preparing for the potential of some type of direct military confrontation between the world’s two superpowers.
While most individuals assume that both historical and future events arise as a result of a series of massive and seismic actions, the truth is often that a whimper precedes the bang. While many events are indeed sparked by a single definitive act, it is also true that, in the events leading up to the defining moment, rarely does the general public realize that they are walking along the path to such an event. Even rarer is the individual who realizes that this path was already carved out by high-level players in the halls of banks, corporations, governments, and secret societies long before the destination is ever reached.
For instance, most scholars present the events leading up to World War I as an immediate reaction to the assassination of Franz Ferdinand by a shadowy semi-secret society that was not fundamentally connected to any other secret establishment. The truth, however, is that not only was the Black Hand a part of a Revolutionary Freemasonic structure and the war itself a carefully orchestrated plot that involved the personal attention and assembly of King Edward VII as well as British and French Freemasonic Lodges, but it was not solely a reaction to the assassination of Ferdinand.
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Obama’s Shameful Pivot to Gun Control After Orlando Terrorist Attack

by Penny Starr, CNS News:
It’s not surprising that, after the first responders, the first response to the horrific attack that killed 50 or more people at gay nightclub Pulse in Orlando was a sometimes vicious debate.
The instant anger to President Barack Obama’s statement about the attack reflects a deep and growing distrust over how this administration responds to the threat of global terrorism.

This POTUS never fails to move the bar for leadership lower: “Obama uses Orlando attack to call for gun control” https://t.co/tYW3SADf7g
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If the British Vote for Brexit, Will They Get the Greek Treatment?

from Liberty Blitzkrieg:

A year ago, the citizens of Greece were offered a referendum on whether or not to accept the troika’s “bailout” conditions. The people voted NO, but it mattered not. The bailout proceeded as planned.
As I observed in the post, Greeks Flock to Grassroots Alternative Currencies in Affront to Euro Debt Slavery:

Hundreds of millions of people throughout the Western world are being forced to admit an obvious, yet uncomfortable reality. Democracy is dead. Your vote and your voice doesn’t matter. Not at all.
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