Monday, November 28, 2016

FARAGE: If Le Pen Wins, The EU Is Over

by Raheem Kassam, Breitbart:
UK Independence Party leader Nigel Farage has taken one step closer to backing Front National candidate Marine Le Pen in the French presidential elections in 2017, declaring that if Ms. Le Pen wins, the European Union project will collapse entirely.
Mr. Farage, who has been known to harbour concerns about the Front National as a party, told the Sunday Express newspaper that he will be backing the “utterly respectable Eurosceptic” France Arise candidate in the first round.
Read More

Ron Paul Tells Trump: "To Really 'Make America Great Again', End The Fed!"

Former Dallas Federal Reserve Bank President Richard Fisher recently gave a speech identifying the Federal Reserve’s easy money/low interest rate policies as a source of the public anger that propelled Donald Trump into the White House. Mr. Fisher is certainly correct that the Fed’s policies have “skewered” the middle class. However, the problem is not specific Fed policies, but the very system of fiat currency managed by a secretive central bank.

Trumpsgiving Hangover? Gold Gains Most In A Month As Banks, Small Caps, Dollar Stumble

Wisconsin Denies Request For Recount By Hand As Stein Threatens To Sue

Wisconsin's Election Commission Chairman, a Democrat, slams Stein's allegations of vote tampering as "unfounded and misleading" while denying her request for a hand recount in the state.

"Buy High, Sell Low"? Bullish Sentiment Soars Most In 6 Years As Stocks Spike

The greatest streak of stock market gains in almost 28 years may have some wondering if it is sustainable, but, according to AAII, this objective spike in valuations following Donald Trump's victory has sparked overwhelming bullishness among investors.

Ohio State Attack Suspect Is Abdul Ali Artan, 20-Year-Old Somali Refugee; Terrorism Investigated

Following today's attack at Ohio State University, the local police reports that the sole suspect is an OSU student who was a Somali refugee with a legal permanent residency. His name is Abdul Razak Ali Artan.  According to press report, terror motives are currently investigated by authorities.

The Ten Consequences Of Trump

For those who were wrong about the United States’ presidential election, it is worth suppressing emotional reactions, at least for a month or two, and attempting a dispassionate judgment about what Donald Trump’s administration may mean for the world. So here are ten likely consequences of the Trump presidency, divided equally between the good and the bad.

Trump Threatens To "Terminate" US-Cuba Deal

Trump Reportedly "Furious" Over Kellyanne Conway's "Rogue" Comments About Mitt Romney

"Kellyanne went rogue at Donald Trump's expense at the worst possible time.  Instead of driving Donald Trump's message, she's pushing her own agenda."

Turkeys Were Optimistic On Wednesday – Unicorns May Have Less Than A Week

All the time prior the turkey believes life is grand and will continue forever, and the farmer has nothing but his best interest at heart, caring for him with plenty of food, water, and shelter. To convince him otherwise is a fools-errand. Then – Thursday happens. A similar event may also be on the horizon, but this time – it doesn’t involve turkeys. No, this time it involves a creature once considered so far above and beyond reproach, to even question its business model, metrics, or valuation was seen as blasphemy.

Michigan Certifies Donald Trump Winner Of State's Electoral Votes

Jill Stein Officially Files Recount Petition In Pennsylvania

OPEC Releases Schedule For Nov. 30 Meeting; Fails To Agree On Anything Else

While Iraq and Iran continue to stonewall, refusing to concede to demands to cut production, there was some hope: suggesting that OPEC can agree on at least something, today the OPEC website released a tentative draft of the Program schedule of event for the November 30 meeting, presented below.

Delta Bans Disruptive, Pro-Trump Passenger For Life

“We got some Hillary bitches on here? ...It’s your president. Every goddam one of you. If you don’t like it, too bad."

Wikileaks Releases Half A Million Diplomatic Cables From "Year Zero" Of The Modern Era

Coming on the sixth year anniversary of the infamous "Cablegate", when on this day in 2010 Wikileaks made global headlines when it unveiled classified cables sent to the US State Department, revealing assessments of countries and details of eavesdropping, this morning WikiLeaks released more than half a million US diplomatic cables from 1979, the year Assange dubbed "year zero" of our modern era.

Can An OPEC Deal Save Venezuelan Oil From Total Collapse?

With the nation's currency in full-fledged hyperinflationary collapse,'s Nick Cunningham notes that at times it seems that Venezuela’s economic crisis cannot get any worse. Food shortages, electricity blackouts, and scarce medical supplies have created a humanitarian disaster in Venezuela. However, with each passing month the situation deteriorates, and the crisis appears to be entering a dangerous new phase.

Portugal Bond Yields Hover Near Brexit Highs As Bank Bosses Quit Ahead Of Bailout

Portuguese bank bonds (Novo Banco and Caixa Geral de Depositos) are sliding today with sovereign yields hovering near Brexit highs as AP reports that the new president of the country's biggest bank (and six board members) have quit less than three months after starting work, angry a government demands that senior officials make public their income and personal assets.

The Market's Next Headache: China's (Not So) Stealth Tightening

In recent weeks, China’s central bank has effectively tightened monetary conditions based on the shifting composition of its repo operations. As a result, the local bond market is getting increasingly nervous as selling - first of bonds, and then of equities - is expected to accelerate in response to what appears to be China's (not to) stealth tightening of financial conditions.

The Hyperinflationary Endgame: Venezuela Currency Crashes 15% In One Day

For anyone still curious what hyperinflation in real time looks like, here is the visual answer.

"I'm Against Him" - Welcome To Cartoon Nation

Hillary Clinton’s campaign was engineered from the get-go to complete the demolition of American manhood in what turned out to be a reckless miscalculation. “I’m with her (and against him).” Too much in recent American history has been against “him” and a great many of the hims out there began to notice that they were being squeezed out of the nation’s life like watermelon seeds.

War on Cash Goes into Full Effect – Citibank Stops Accepting Cash at Multiple Branches

by Jack Burns, Intellihub:
n 2015, as a guest on Ron Paul’s Liberty Report, Economics Professor Joseph Salerno warned of a coming war on cash. Apparently, now, that time has come. Governments loathe cash transactions because they’re private and hard to tax. As a result, some countries are taking drastic measures to reclaim their bank notes.
Salerno said, “The French premier last year (2014) drew a parallel between the war on terror and the war on cash,” and warned the world’s economic elite are now “using the war on terror as a cover to get at cash.” The Mises Institute professor and VP predicted to Paul, “I think this could come in the next couple of years. If they have to bail out the financial system again…they’ll block the cash in the banks to prevent it from escaping and destabilizing these fractional reserve banks,” Salerno said.
Read More

The Obama Erasure: "He Came Bearing Hope, He Leaves Full Of Fear"

Whatever precise form Mr Trump’s administration takes, we know this: Mr Obama’s legacy will be purged. In many cases all it will take is the stroke of Mr Trump’s pen. The Obama erasure will go far deeper than undoing domestic laws, or foreign deals.

“There is Enough Evidence to Prosecute Mrs. Clinton For ESPIONAGE” — Judge Napolitano

from Fox Business, via AnotherBoringWeek:

Enough Evidence To Convict – Judge Napolitano – Fox Business

Fake News Alert: CNN Finally Admits White Helmets Staged Fake Video

by Tony Cartalucci, Activist Post:
NN, among many other establishment media platforms, has long promoted the US-European funded “Syrian Civil Defence” also known as the “White Helmets.”
Yet on November 25, they published an article titled, “Syria’s White Helmets apologize for Mannequin Challenge video,” in which they admit:
It’s a familiar scene: Syria Civil Defence, also known as the “White Helmets,” rushing to rescue a man covered in rubble, but unlike thousands of other videos from Aleppo, this one is staged.
Read More

Bombshell Secret Documents Show Monsanto Knew About Glyphosate Cancer Link Over 35 Years Ago

from Natural Blaze:
Monsanto have come under more pressure recently after the WHO defined the main ingredient in their popular weedkiller ‘Roundup’ as a ‘probably human carcinogen’.
They are still trying to pick up the pieces from the PR disaster, but it turns out Monsanto may have been aware of the link between glyphosate and cancer for up 35 years.
Research Scientist Dr. Anthony Samsel has studies the effects on glyphosate on the human body for years, and has revealed the harmfulness of its nature. He has worked with a Dr. Stephanie Seneff, who released the warning that as many as half of all US children could be autistic by 2025 (in large part due to glyphosate exposure).
Read More

The Swiss “Paradox”: The Case Against Currency Wars

from GoldAndLiberty:

Conventional wisdom has it that a relatively weaker currency will stimulate exports and years of monetary interventions have been based on this very premise. In this article, we examine whether this rule might indeed be an oversimplified solution to a deeply complex problem and an unsound “panacea”, with potentially dangerous side-effects. We look at one of the most notable exceptions to this rule, the case of Switzerland, which casts doubt over the prudence and the net effect of central bank policies around the world to manipulate and control their currencies.
Exchange rate fundamentals
A currency reflects its purchasing power relative to other currencies and while exchange rate movements are not the sole indicator of the performance of an economy, they are certainly an important one. These movements reflect the level of supply and demand of a given currency, as well as inflation, and other economic factors.
Read More

Economist Steve Moore: If Democrats Try to Change the Election – There Would Be a Civil War (VIDEO)

by Jim Hoft, The Gateway Pundit:
Steve Moore, the chief economist at Heritage Foundation and a Donald Trump advisor, went on Sunday Morning Futures to discuss the current situation with the Stein-Clinton recount efforts.
Moore warned that if the vote is overturned in Michigan, Wisconsin and Pennsylvania the country will be looking at a civil war.
Read More

Welcome To The Currency War, Part 23: Europe Will Devalue Or Dissolve

by John Rubino, Dollar Collapse:
No rest for the wicked. With the shockwaves from Brexit and President Trump still reverberating around the world, the established order is bracing for more bad news. Next up is a December 4 Italian constitutional referendum that might end the reign of centrist prime minister Matteo Renzi and replace him with a bunch of anti-euro iconoclasts from the Brexit/Trump part of the spectrum. Here’s an excerpt from a much longer, deep-context Guardian UK article:
As the air of insurgency becomes unmistakable, the technical debate over reforming a 70-year-old constitution is in danger of becoming a sideshow. Perhaps the most disturbing poll for Renzi found last week that only 40% of Italians say they will vote on the reform package; 56% consider their vote to be more a verdict on the prime minister, his government and, by implication, the state of the nation.
Read More

Market Report: Dollar up, Yields Up, Gold Down

by Alasdair Macleod, GoldMoney:
It’s been a torrid week for gold bulls, with prices sliding through the $1200 level, where some support could have been expected, only bottoming at $1175 in late-Asian trade last night.
In early European trade, gold seems to have found some support recovering to $1190. Gold is only up 12% on the year at these levels, and the Dow has now outperformed it. Furthermore, technical analysts will not be cheered by the next chart, which shows gold’s moving averages forming a death cross.
Read More


No comments:

Post a Comment