Wednesday, July 27, 2016

IRS Launches Investigation Of Clinton Foundation

Lawmakers charged the Clinton Foundation is a “lawless ‘pay-to-play’ enterprise that has been operating under a cloak of philanthropy for years and should be investigated.”

Where Are The Handcuffs? This Video Blows The Doors Open On Hillary’s Corruption, Obfuscations and Outright Lies

by Mac Slavo, SHTFPlan:
In a recent article Jeremiah Johnson noted that FBI Director James Comey actually did a really great job in his handling of the Clinton private server email scandal. By “great” we mean that Comey did exactly what he was appointed to do, which is to protect the oligarchs at any cost, no matter the detriment to American law and order.
We see that they vote where their money or their personal enrichment of power is.  Some people said that Comey “didn’t do his job.” Yes, he did: his job in the hire of the Clintons, and that “job” was on, not for the American people.
As you’ll see in the video below, absolutely no one other than Hillary Clinton would have been allowed to go free without charges had they engaged in the same activity, which includes everything from sharing and receiving classified information, to obstructing investigators.
Read More…

Trump: "I Hope Russia Has All 33,000 Emails That Hillary Deleted"

In yet another statement that is certain to spark outrage among Democrats, moments ago Donald Trump said he hopes that Russian hackers accused of breaching the DNC have obtained the tens of thousands of emails that Hillary Clinton deleted from her private email server.  "If they hacked, they probably have her 33,000 emails. I hope they do," Trump told reporters on Wednesday at a press conference at his Miami-area hotel. 

Hillary Strategist Blames “Stupid White People” For Popularity of Trump

“Stupid white people are the worst”
by Paul Joseph Watson, Infowars:
Senior Hillary strategist and former Obama campaign director Mitch Stewart says that the continuing popularity of Donald Trump can be attributed to one factor – “stupid white people.”
Stewart, who is white himself, is the founder of 270 Strategies, a consultancy firm that worked with Clinton Super PAC Ready for Hillary.
He also served as Battleground States Director for President Obama’s 2012 re-election campaign and was hailed by the Guradian as helping to build “a historic ground operation that will provide the model for political campaigns in America and around the world for years to come.”
In a tweet, Stewart asserts, “Uneducated whites are keeping @realDonaldTrump at his current numbers. Stupid white people are the worst.”
Read More…

A Psychiatric Diagnosis Of The U.S. 'Market'

If you think a delusional market is healthy, it's time for a psychiatric exam.

Explosion Reported Near Refugee Center in Zirndorf, Germany - Live Feed

According to German media Bayerischer Rundfunk, moments ago an explosion took place in the town of Zirndorf near the northern Bavarian city of Nurenberg. Bayerischer Rundfunk adds reporting that a suitcase filled with various cans exploded about 200 meters away from the local refugee center.

What To Expect When You're Expecting The FOMC

As we await today’s FOMC decision, Bloomberg's Richard Breslow has been struck curious by how many people are speculating that the accompanying statement might lurch back hawkish. For a Fed that has had such notable lack of success seeing clarity in its crystal ball, that would be remarkably aggressive.

Deutsche Bank Profit Plunges 98% And The Worst Is Yet To Come

Never has Germany's lending giant Deutsche Bank looked this miserable, and according to its latest earnings release, the pain is set to get even worse.

Oil Crashes To $41 Handle After Surprise Inventory Build, Production Rise

Despite last night's API-reported surge in Cushing inventories, oil futures surged into this morning's DOE data on the heels of terrible durable goods data. However, a shocking build in overall crude levels (+1.67mm vs -2mm) breaking crude's record 9-week streak of draws, sent crude prices reeling to a $41 handle (the lowest since April's Doha production free talks failed). Cushing also saw a major build as did Gasoline and production rose for the 3rd week in a row.

Reagan Shooter John Hinckley Jr Released, Will Live With His Mother

34 years after trying to assasinate Ronald Reagan in 1981, John Hinckley, Jr will be released from a psychiatric hospital and allowed to live with his mother in Virginia.

Pending Home Sales Disappoint, Realtors Fear Unhealthy Price Appreciation

Following New Home Sales rebound to their highest since 2008, amid record high prices, Pending Home Sales disappointed with a mere 0.2% MoM rise (versus +1.2% expectations) showing very little bounce off May's tumble. Northeast sales saved the day with a 3.2% surge but The South and West both continued to slide. As NAR's Larry Yun noted however: "home prices are showing little evidence of slowing to a healthier pace that more closely mirrors wage and income growth."

Kremlin Slams Accusations Of Democratic Party Hack As "Made-Up Horror Stories"

On Wednesday the Kremlin reiterated Russia's position when it dismissed allegations Russia had hacked Democratic Party emails as "made up horror stories" dreamt up by U.S. politicians, saying it never interfered in other countries' election campaigns.

Chinese Stocks Sink Over Fears Regulators Will Curb Wealth Management Schemes

Overnight China's Banking Regulatory Commission drafted new rules curbing the nation’s multi-trillion market for wealth management products, which was not taken well by the local stock market, leading to a plunge in stocks in early Chinese trading, before rebounding at the close of trading. China's ChiNext index of smaller companies sank as much as 5.5%.

Silver Surges Over $20 After Dismal Durable Goods Data

After 21 straight days of economic imporvements, today's dismal durable goods orders appears enough to prompt 'the QE trade' as bonds, stocks, and bullion surge (and dollar drops). Silver just spiked to $20...

Migrant Death Toll Passes 3,000 In Mediterranean This Year (Up 50% From 2015)

The 2016 death toll among refugees and migrants trying to reach Europe was "significantly higher compared to last year as of end of July 2015 when 1,917 had lost their lives at sea".

What Wall Street Thinks Of Apple's Earnings Beat

After beating on revenues and earnings despite a steep drop in both revenues and iPhone orders and projecting a third consecutive quarter of declining profits, Apple is up nearly 8% pre-market as traders clearly liked what Tim Cook did in the quarter. More importantly, Wall Street liked the results too. Here is a summary of what some of the key analysts thought.

Spot The Odd One Out

Because nothing says buy stocks like the longest streak of durable goods orders declines in US history...

Durable Goods Orders Crash Most In 2 Years - Longest Non-Recessionary Streak Of Declines In US History

Despite the longest winning streak for US macro data in US history, Durable Goods Orders collapsed in June. The 4% MoM plunge (vs -1.4% exp) is the biggest drop since Aug 2014. This represents a 6.6% YoY crash - the biggest drop since July 2015. The drop appears driven by  plunge in airplane orders (non-defense aircraft and parts). Worse still, core durable goods orders extended their annual declines to 18 months straight - the longest non-recessionary streak of declines in US history.

Dan Loeb Compares Managing Money In 2016 To A "Game Of Thrones" Slaughter

"Watching Jon Snow’s epic “Battle of the Bastards” scene in the penultimate episode of this season’s Game of Thrones gives investors a sense of how it has felt to manage money during some periods over the past year. Surging enemies forming a seemingly  impossible perimeter, a crush of fellow soldiers on the field, arrows coming in overhead..."

For Those Who Slept Through The "Yen Rollercoaster", This Is What You Missed

As we started reporting last night, the yen suffered a roller-coaster ride for more than two hours today as investors chased various media trial balloons and reports - many conflicting - about prime minister Abe’s stimulus package and debt-sale plans, ahead of this week's much anticipated BOJ announcement.  For those who slept through the night's fireworks this is what you missed.

Global Stocks, Futures Continue Rise On Apple, Japan Stimulus; Yellen On Deck

The markets were following a rollercoaster night for the Japanese Yen, when after several media headlines Abe was said to have announced a stimulus package that would be more than JPY28 trillion, sending Japanese stocks higher 1.7% while the USDJPY spiked but well off overnight highs, pushing risk assets higher. Europe and US futs were also in the green on optimism from AAPL's earnings, but all eyes will be on today's FOMC announcement.


In a Year, Trump Will be Dead and the US Will Be in a Civil War, if the Global Elite Get Their Way

by Dave Hodges, The Common Sense Show:
It is my contention that the globalists will stop short of nothing to maintain control over the people. They will murder anyone and everyone who gets in their way. Today, humanity is waking up like never before. However, the struggle is just beginning. Some fear that we have awakened just in time to see the executioner put a noose around our neck.
How Long Will the Struggle Last?
One of the questions that people ask me is, “How long will this struggle against the New World Order last”? Answer: It will last until the Second Coming of Jesus. It is my contention that we will never know worldly peace, but we can achieve piece of mind if we act now against the evil that is running this planet.
This article points out just how truly evil and Satanic the New World Order (NWO) is. The degree of their devotion to Lucifer should constitute a warning sign as to the degree that the NWO will go to in order to maintaintheir demonic power over the people. They will stop at nothing to continue their subjugation of humanity.
Read More

Savers Fear Negative Interest Rates as Natwest Warns Businesses Might Have to Pay to Hold Cash

by Katie Morley, The Telegraph:
Natwest has become the first bank to warn business customers it may charge them negative interest rates on money held in current accounts.
In what is believed to be a UK first, the bank has signalled its intention to force account holders to either pay to hold money or move funds elsewhere.
Although current plans for negative rates are restricted to business customers, fears are mounting that “pay to save” rates could soon become a reality for millions of consumers, if other banks follow suit.
The outgoing pensions minister, Ros Altmann, warned negative interest rates on current and savings accounts pose a threat to the financial security of older savers, who often rely on their savings to provide a retirement income.
Read More

Central Banks In Lose-Lose Situation — Ronald Stoeferle

by Claudio Grass, Gold and Liberty:
Claudio Grass, Global Gold: Ronald, it is a pleasure to have the opportunity to speak with you. We’ve known each other for a very long time, both on a personal and professional level. Because of our central banks, we find our economies today operating on artificial stimulus and negative interest rates. How would you summarize the consequences of this policy?
Mr. Stöferle: I have always considered it impossible to create a “self-sustaining” economic expansion by means of the printing press. By so doing, central bankers only succeeded in suppressing symptoms, but the underlying structural problems that created the 2008 financial crisis in the first place, have only gotten worse.
Read More


from ron johnson:

Have you seen these “freedom towers” in your neighborhood? Most people think these towers are there to provide a service, the truth is that these towers have power that is far more diabolical.


from Harvey Organ:
or the July gold contract month, we had ANOTHER GIGANTIC 435 notices served upon for 43,500 ounces. The total number of notices filed so far for delivery: 6880 for 688,000 oz or 21.3996 tonnes
In silver we had 71 notices served upon for 355,000 oz. The total number of notices filed so far this month for delivery: 2350 for 11,750,000 oz
Read More @

Verizon-Yahoo Deal Shows Once Again the Need to Remove Intellectual Property Rights

from The Daily Bell:
Verizon is buying Yahoo for $4.8 billion … It’s official: The sale completes Yahoo’s evolution from influential search pioneer and web portal juggernaut to, in the end, a once-dominant brand that lost its way. Parties as diverse as Warren Buffett and The Daily Mail were interested in buying Yahoo. But after a sale process that dragged on for months, Verizon (VZ, Tech30), long viewed as the frontrunner, is walking away with Yahoo’s more than one billion monthly active users. –CNN Money
Another huge merger has taken place. Perhaps a billion consumer emails plus related technology will change hands, further stratifying the Internet and providing less opportunity for others.
If people believe the pace of technological innovation has slowed in the past years, they are probably correct. As ZeroHedge pointed out in May, “Venture capital investments in Silicon Valley fell almost 20 percent in the first quarter [of 2016] from a year earlier to $4.9 billion.”
Read More

Oil Slumps on Surging Supply but Global Economy Picks Up Speed

by Ambrose Evans-Pritchard, The Telegraph:
Oil prices have tumbled to a three-month low as surging supply once again exposes the chronic global glut and threatens to perpetuate the energy slump for another year.
US crude contracts crashed through key technical barriers to $42.40 on Tuesday before recovering slightly in late trading on profit-taking. They have fallen by 9pc over the last four sessions.
Speculators have given it an extra push. Data from the Commodity Futures Trading Commission in the US shows that 52 hedge funds have taken out large short positions, betting that the summer sell-off still has a further leg to run.
Read More

New Legislation Proposes to “Bail In” Social Security

from Sovereign Man:
It was only a few weeks ago that I told you about the government’s annual report on Social Security.
It was a veritable death sentence for the program.
The Board of Trustees for Social Security (which includes the US Treasury Secretary) wrote that major parts of the program have already run out of money, and the rest of Social Security will run out of money in the next decade.
Amazing. Even Social Security knows that they’re bankrupt and unable to keep their promises to taxpayers.
Read More


No comments:

Post a Comment