Friday, June 17, 2016

Sanders Supporters Vindicated: Proof DNC Used Media To Rig Election for Hillary




While Bernie Sanders’ supporters and independent media outlets have exhaustively pointed out that corporate media’s fatuous prattling over Hillary Clinton likely tipped the elections in her favor, we now have solid proofleaked emails show the DNC colluded with mainstream outlets to heavily favor Clinton.
 

Switzerland Withdraws Application To Join EU: Only "Lunatics May Want To Join Now"

Resentment toward the EU hit a new high yesterday when the upper house of the Swiss parliament on Wednesday followed in the footsteps of Iceland, and voted to invalidate its 1992 application to join the European Union, backing an earlier decision by the lower house. Thomas Minder, counsellor for the state of Schaffhausen and an active promoter of the concept of “Swissness,” said he was eager to “close the topic fast and painlessly” as only “a few lunatics” may want to join the EU now, he told the newspaper.

How Angela Merkel Tried To Politicize The Murder Of UK Lawmaker Jo Cox

“The to some extent total exaggeration and radicalization of the debate doesn’t contribute to facilitating such respect. So for all of us who value democratic rules, we know how important it is to establish boundaries in one’s choice of language and argument as well as the choice in a sometimes disparaging way of arguing -- and to engage with respect those who think and believe and love differently.”



Get the Hell Out... Brexit while you have a chance...

British Default Risk Soars To 3 Year Highs As Hedging Volume Spikes



Investors are increasingly reaching for protection of various sorts ahead of next week's Brexit vote. The credit derivatives market is the latest to experience the surge as corporate CDS indices spike on extremely high volume and perhaps more troubling, UK Sovereign CDS has spiked to its highest in over 3 years as fears of devaluation or default rise...“Many viewed Brexit as unlikely enough that they didn’t have to worry about it, and now they’re panicking to some degree." 
 

US Equity Markets Plunge As 'FANG' Stocks Give Up 2016 Gains

FANG stocks, led by Google, have tumbled by the most in two months today and given up any gains in 2016. This is weighing on the broad hope-strewn stock market as it erases all the post-Jo-Cox-death gains from yesterday...
 

Why Google Is Sliding



"We recently conducted checks with two leading search engine marketing (SEM) agencies/platforms, which in aggregate have visibility into ~$5 billion in annual search spending (the vast majority of which, of course, is on Google). At a high level, these early data points suggest that a slight deceleration in the y/y growth rate for search marketing spend in 2Q16 vs. 1Q16 is possible."


"The Fed Has Failed" - A Disturbing New Warning From Bank Of America



"Central banks have lost the “War against Deflation”. They have failed to stimulate animal spirits depressed by the 4D’s of excess Debt, financial Deleveraging, aging Demographics and technological Disruption. This changes if Quantitative Failure spreads from Europe & Japan to the US. A rise in US bank CDS and/or a dive in assets related to consumer & housing credit would be very negative for global asset prices in our view. Note the new whispers of a peak in the US consumer credit cycle which, if true, at a time of zero rates in an $18 trillion, consumer-led economy would be concerning."


The Bursting Of Silicon Valley's Real Estate Bubble Has Now Spread To San Francisco



"It's not the absolute feeding frenzy that we had for the last three springs before this one. By any definition for the rest of the world, it's still a very, very strong market. It's just not as crazy hot as it's been.
 

The Looming Crash Of 2016: Stocks Have Already Slumped In 6 Of The World’s 8 Largest Economies



Over the past 12 months, stock market investors around the planet have lost trillions of dollars.  Since this time last June, stocks have crashed in 6 of the world’s 8 largest economies, and stocks in the other two are down as well. In general, there have been three major waves of financial panic over the past 12 months...
 

The Untold Story Behind The "Mutiny At The State Department" Where Dozens Demand War With Syria



Confirming once again that the entire US Middle-East campaign over the past 4 years has been one ongoing plan to destabilize and eliminate Syria's president Bashar al-Assad from power, overnight the WSJ reported that dozens of State Department officials this week protested against U.S. policy in Syria, signing an internal document that calls for "targeted military strikes against the Damascus government and urging regime change as the only way to defeat Islamic State."


Beijing Orders Apple To Stop Sales Of iPhone 6 Models



Apple has been told by Beijing's intellectual property regulator to stop sales of the iPhone 6 and iPhone 6 Plus in the city. The two iPhone models infringe on a Chinese patent for exterior design held by Shenzhen Baili for its 100C smartphone, the Beijing Intellectual Property Bureau wrote in a statement on its website


Fed's Bullard Admits "Missing Dot"; Swings From Uber-Hawk To Ultra-Dove


In Furious Tirade, Citi Lashes Out At "Utterly Misguided" Central Bankers, Invokes Weimar Republic's Von Havenstein



"If ever there was a time to invoke the Havenstein experience, it is now.... We should be invoking Havenstein to identify the present flaw in institutional thinking around current monetary policy, specifically negative rates. In other words, the lesson here is that, unfortunately, people believed in the efficacy of a completely irrational policy because it was put in place by a qualified and experienced policymaker- this instead of questioning the common sense merit of its possible outcome."
 

Rental-Nation Escalates - Housing Starts & Permits 'Flat' After Surge In Multi-Family Completions



Despite the apparent lack of supply, and the peak seasonality, Housing Starts were basically flat at 1164k (vs a revised 1167k in April) and Permits rose very modestly to 1138k (from 1130k in April). But while the headlines may be somewhat dull, under the covers the narrative of "rental-nation" continues with Starts and Permits for multi-family units rising notably as single-family stagnated.


Bitcoin's Largest Competitor Hacked: Over $59 Million "Ethers" Stolen In Ongoing Attack



thereum took a drastic dive this morning as news came in that the DAO smart contract address is being drained of ether in an ongoing attak. Millions of ether are moving to an unkown address with some suggesting that it may be a recursive split hack. As a result, Ethereum co-founder Vitalik Buterin has asked digital currency exchanges to “pause” ether and DAO activity following a hack of the DAO smart contract address.


Brexit Campaigning Suspended For Second Day, Referendum Vote "In Limbo"



Following the tragic murder of Jo Cox, Brexit campaigning was suspended for a second day on Friday.  Events planned by the two main campaign groups were canceled, while publication of opinion polls and an International Monetary Fund report were delayed until the weekend as tributes were paid to Cox. As Reuters adds, the murder "has thrown a June 23 referendum on European Union membership into limbo."


Global Stocks Rebound As Brexit Odds Decline Following Tragic Death Of UK Lawmaker



While it may very well not last and all of yesterday's gains could evaporate instantly if the Brexit vote is set to take place as scheduled, all 10 industry groups in the MSCI All-Country World Index advanced, with the index rising 0.7% trimming the week’s drop 1.6%. The Stoxx Europe 600 Index rose 1.4%. Futures on the S&P 500 were little changed, after equities Thursday snapped their longest losing streak since February. . Oil rose, paring its biggest weekly decline in more than two months. Bond yields around the globe fell.


One and Done: Fed Capitulates in June FOMC Meeting

from Rogue Money:
On June 15, the monetary body known for saying nothing, but revealing everything capitulated as Fed Chairman Janet Yellen virtually guaranteed that the momentous rate hike program the central bank laid out for the economy last October is over now, shortly after it begun.
To date, there has been only one minor rate hike in the past 10 years, and it was a paltry .25 bps that accomplished little last December before the invisible hand of the global financial system bitch-slapped the Fed into moving back onto the porch to try to yap at their betters. In fact, the capitulation from the Fed Chair today was so concrete that even the central bank’s bought mouthpiece Steve Liesman conceded that the cycle of rate hikes was over.
Read More

Why the Fed Can’t Stop the Runaway Bull Market in Gold

by Doug Casey, Casey Research:
Gold just set its most important high in two years.
This morning, the price of gold topped $1,300 for the first time since August 2014. Gold is now riding a six-day winning streak, and is just a few percentage points from setting a new two-year high.
If you’ve been reading the Dispatch, you know gold stormed out of the gate this year. It jumped 16% during the first three months of the year, its best quarter in three decades.
Then, gold cooled off. It went nearly two months without setting a new high.
Read More

The Stock Market Crash Of 2016: Stocks Have Already Crashed In 6 Of The World’s 8 Largest Economies

by Michael Snyder, The Economic Collapse Blog:
Over the past 12 months, stock market investors around the planet have lost trillions of dollars. Since this time last June, stocks have crashed in 6 of the world’s 8 largest economies, and stocks in the other two are down as well. The charts that you are about to see are absolutely stunning, and they are clear evidence that a new global financial crisis has already begun. Of course it is true that we are still in the early chapters of this new crisis and that there is much, much more damage to be done, but let us not minimize the carnage that we have already witnessed.
In general, there have been three major waves of financial panic over the past 12 months. Late last August we saw the biggest financial shaking since the financial crisis of 2008, then in January and February there was an even bigger shaking, and now a third “wave” has begun in June. Not all areas around the globe have been affected equally by each wave, but without a doubt this new financial crisis is a global phenomenon.
Read More

Brexit is Getting the Blame

by Alasdair Macleod, Gold Money:
Brexit is not the most important problem facing markets, it is mounting problems in the European banks.
But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before the referendum.
In the run-up to Britain’s referendum on 23rd June, the Treasury was tasked with modelling the economy, post Brexit. The result was George Osborn claimed that a Brexit vote could cost every household £4,300. This is the underlying reason that markets, allegedly, are frightened of Brexit.
Read More

Federal Judge Allows FBI To Hide Documents Related to Seattle Surveillance Cameras

by Derrick Broze, Activist Post:
A federal court has ruled that the city of Seattle cannot release information related to hidden surveillance cameras placed operated by the FBI.
On Monday, U.S. District Judge Richard issued a temporary restraining order preventing Seattle from releasing any further information about the purpose and location of surveillance cameras hidden throughout the city. The ruling comes after the U.S. Department of Justice sued Seattle officials for releasing some documents related to surveillance cameras the Federal Bureau of Investigations had placed on utility poles. The bureau has argued that disclosing details could damage ongoing investigations.
“The city said it had planned to release the information pursuant to public records requests by news reporters and a privacy activist. The state Public Records Act typically exempts “specific intelligence information” from disclosure if its release would compromise effective law enforcement,” The Washington Post reported.
Read More

Navy SEAL Reveals How To Survive The Coming Collapse: “Dust Off Your Preps, It’s Grid Down”

by Mac Slavo, SHTFPlan:

“There’s no avoiding what is happening now.”
It is time to dust off the survival equipment, the stored foods and the emergency protocols.
The conspiracy is no longer being hidden; the plans to dominate the population is open and in motion.
Economic disaster on this scale has not been seen in many decades, and most of those who are alive now have idea what it will really be like. But it is coming.
Read More

Gold Just Scored a Ticket to Ride Higher from Fed’s Yellen

$1,300 may be ‘new floor’ for gold next week: analyst
by Myra P. Saefong, Market Watch:
Did the Federal Reserve clear the way for a push higher by gold?
Fed officials left interest rates unchanged Wednesday and cut their expectations for rate hikes in the next two years, brightening the outlook for gold and prompting prices to tap a high of $1,300 an ounce in electronic trading.
Futures prices GCQ6, -0.42%  hadn’t traded above the key $1,300 level on an intraday basis since early May, and haven’t settled above that level since late January 2015, according to FactSet data. After settling at $1,288.30 an ounce on Wednesday to log a six-straight session climb, the August contract continued to march higher to sit comfortably above the $1,300 on Thursday. In early trade, gold was up 1.6% at $1,308.80 an ounce.
Read More

GOLD AT FIRST RISES TO $1315 AND THEN WHACKED BY BANKSTERS DOWN TO $1280

from Harvey Organ:
MP JO COX ASSASSINATED IN ENGLAND/OIL BREAKS INTO THE 46 DOLLAR COLUMN/GOLD STANDING INCREASES TO 49.474 TONNES
Gold was on a tear early this morning rising to $1315.00. Silver however lagged behind and rose to only $17.86. Then somehow there was a story that London’s bookies were betting a 60% chance that there will not be a BREXIT and that sent gold tumbling. THE STORY CAME OUT YESTERDAY MORNING. This morning ( see story below) Jo Cox ,MP in the English Parliament was assassinated by a mentally ill person. There were rumours that this would cause a delay in the vote and it was from that point on that the Dow rebounded as well as the pummeling of gold/silver.
As far as I am concerned, it was another orchestrated (collusive) comex raid.
You should be very much aware that the fundamentals remain the same, the USA cannot raise rates as well as Europe is still in turmoil with major banking problems.
Read More @ HarveyOrganblog.com

Is Islamic Terror America’s Future?


The crushing of the Islamic State in Iraq and Syria is a necessary but not a sufficient condition of victory in this war, for ISIS is not just an organization but a cause, a movement, an idea. ISIS believes that by repeatedly wounding and provoking the West, it can reignite a war of civilizations. For some few Muslims, as we saw at Fort Hood, San Bernardino and Orlando, ISIS offers a dream worth dying for. And as they kill and die for ISIS, they will push America where they are pushing Europe — to the right.






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