Wednesday, November 23, 2016

Hundreds Of Veterans Heading To Standing Rock To Defend DAPL Protesters From Police

“Then, the veterans and their allies - or at least the ones who are brave enough - will lock arms and cross the river in a ‘massive line’ for their ‘first encounter’ with the ‘opposing forces.’


from InfoWars:
Former Congressman and Libertarian icon Ron Paul has warned that ‘shadow government’ neocons could orchestrate a ‘false flag’ incident in order to drag new president Donald Trump into a fresh war.
“I don’t how anybody can say they know what is going to happen,” Paul told The Daily Caller, referring to Trump’s foreign policy.
“All we need is a false flag and an accident and everybody will be for teaching them a lesson,” Paul said, warning that such an event could trigger new foreign entanglement.
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Retailers Panic: 63% Of Americans Plan Not To Shop On Black Friday

According to a Reuters poll, some 63%, or nearly two-thirds, of US adults did not plan to shop on Black Friday this year. Some 32% said they plan to finish about half of their holiday shopping on that day. As a result "shocked" US retailers are doing everything they can in their scramble for market share.

New York Times Partly Responsible for the Violence

by Martin Armstrong, Armstrong Economics:

New York Times Publisher Arthur Sulzberger Jr. has admitted that his paper was unconstitutionally biased and disgraced the very principle of the First Amendment. Sulzberger tries to cover-up their bias by saying they underestimated Donald Trump’s support among American voters. He then claimed they would “rededicate ourselves” to the newspaper’s standards of “honestly” reporting news. If the New York Times was not trying to manipulate the people and had dedicated itself to REPORTING the new instead of trying to turn the paper into a propaganda machine, there would have been no need to “rededicate” themselves. Of course, once any organization walks down the path of corruption there is no turning back. The biased corruption will NEVER change without firing everyone who participated in writing such stories. They will always try to vindicate their past by misrepresenting facts in the future.
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WTI Spikes After Iraq Headlines, Unexpected Crude Inventory Draw

A crude draw and bigger than expected gasoline build overnight from API did nothing for oil prices as OPEC headlines dominate trading and DOE data confirmed API with a modest crude draw and bigger than expected Gasoline build. Oil prices are rising on Iraq headlines even as crude production rose very modestly.

American "Hope" Spikes To Highest In 18 Months After Trump Win

Inflation expectations (short- and long-term) have risen notably in the latest Uiniversity of Michigan survey data but it is "hope" that has soared. Consumer Expectations spiked most in over 3 years to 85.2 in November to 18 month highs following the election of Donald Trump as US president.

Merkel Declares War On "Fake News" As Europe Brands Russia's RT, Sputnik "Dangerous Propaganda"

Just as Merkel was launching Europe's war on "fake news", Europe's bureaucrats were one step ahead, and in a shocking move, on Wednesday the EU Parliament voted on a non-legislative resolution which calls for the EU to “respond to information warfare by Russia.” Russian news websites RT and Sputnik news agency were alleged to be among the most dangerous "tools of Russian propaganda."

New Home Sales Slide To Four Month Low After Sharp Downward Revisions

With mortgage rates soaring, it is only a matter of time before US housing is adversely impacted. And while the just released October new home sales data focused on sales of houses based on contracts signed in the month before the election, some concerns were already evident, when the number of new homes sold tumbled to 563K from a pre-revised 593K, badly missing expectations of a 593K print.

Dollar Index Spikes To Crucial Resistance Level

The Dollar Index has surged almost 7% in the last two months - one of the fastest spikes in 8 years - with the post-Trump spike the most significant. Today's buying panic has sent the Dollar Index to a crucial resistance level at around 101.80 (the 61.8% retracement of the 2001-2008 collapse).

Trump Victory Sends Black American Consumer Confidence Surging To 22-Month Highs

Well that's unexpected...

$6 Billion Puke Sends Gold Plunging Below $1200 As Dollar Index, Bond Yields Spike

As Chinese Yuan collapses to fresh lows (USD Index spikes), and bond yields surge, this morning's durable goods data sparked an extended collapse in gold, crashing them below $1200 as over $6 billion of pressure flowed through futures.

Durable Goods Surge On Aircraft Orders Spike, Ex-Air Shipments Tumble For 15th Straight Month

Durable Goods Orders jumped 4.8% MoM in October, the highest since the October 2015 (start of government fiscal year) bounce last year, thanks to a yuuge in transportation orders (up 12.0%) which included a surge in orders for civilian aircraft (up 138.5%) and military aircraft new orders (up 33.1%).

Trump Offers Ben Carson HUD Secretary Job

Ben Carson, the man who ran for president then said he wouldn't feel comfortable having a role in the Trump administration because he has no government experience, has been formally offered the position of secretary of the Department of Housing and Urban Development.

Trump Names Former Political Opponent As UN Ambassador, Replacing Anti-Putin Samantha Power

In the first woman appointment to Trump's administration, South Carolina Govenor Nikki Haley has accepted the president-elect's offer to be his ambassador to the United Nations, NBC News reported this morning. If confirmed, Haley would succeed Samantha Power, who served as President Barack Obama's U.N. ambassador since 2013, and who has been the most vocal opponent of the Russian regime's overtures.

Bunds Tumble On Report ECB May Lend Out More Bonds To "Unfreeze" Broken Repo Market

"There is something going on with the repo markets and we can see that as soon as the ECB starts talking about tackling these problems we see a market reaction," said David Schnautz, interest rate strategist at Commerzbank.

Forget Deutsche Bank, These 2 American Banks Are Now "The Most Systemically Dangerous In The World"

Each year in November the Financial Stability Board releases is ranking of the 30 banks that pose the greatest systemic risk to the global financial system and the two at the top of 2016's list just might surprise some folks.

Futures Flirt With Records As Asian Stocks Rise; Commodities, Dollar Take A Breather

In a quiet overnight session in which Japan was closed, European shares are mixed as financials and auto weigh, Asian stocks rise led by materials while S&P futures little changed against a backdrop of the continuing commodity rally with oil holding near $48 a barrel, up fractionally on the session.

WOW! Texas Judge Suspended After Telling New Citizens to Accept Trump or “Go to Another Country”

by Jim Hoft, The Gateway Pundit:
U.S. Magistrate Judge John Primomo presides over the naturalization ceremony for a group of 500 new citizens at the Edgewood Academy’s Theatre of Performing Arts on July 31, 2014. (Express News)
Last week Texas Judge John Primomo told a US Citizenship ceremony if they don’t like the future President Trump they should go to another country.
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Two Billion-Dollar Buzz Saws

by Jim Rickards, DailyReckoning:
What an amazing month.
Not only did Donald Trump win the U.S. presidential election two weeks ago (something I predicted in advance would happen), but markets exhibited wild swings. Investors got whiplash based on secret middle-of-the night trades by two of the richest men in the world.
Carefully constructed election trading strategies ran into a pair of billion-dollar buzz saws, wielded by legendary stock trader Carl Icahn and hedge fund maven Stan Druckenmiller. Their combined predawn raid on the markets produced shocking results.
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from Harvey Organ:
It seems that Shanghai pricing is higher than the other two , (NY and London). The spread has been occurring on a regular basis and thus I expect to see arbitrage happening as investors buy the lower priced NY gold and sell to China at the higher price. This should drain the comex.
Also why would mining companies hand in their gold to the comex and receive constantly lower prices. They would be open to lawsuits if they knowingly continue to supply the comex despite the fact that they could be receiving higher prices in Shanghai.
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Half Of The Population Of The World Is Dirt Poor – And The Global Elite Want To Keep It That Way

by Michael Snyder, The Economic Collapse Blog:
Could you survive on just $2.50 a day? According to Compassion International, approximately half of the population of the entire planet currently lives on $2.50 a day or less. Meanwhile, those hoarding wealth at the very top of the global pyramid are rapidly becoming a lot wealthier. Don’t get me wrong – I am a very big believer in working hard and contributing something of value to society, and those that work the hardest and contribute the most should be able to reap the rewards. In this article I am in no way, shape or form criticizing true capitalism, because if true capitalism were actually being practiced all over the planet we would have far, far less poverty today. Instead, our planet is dominated by a heavily socialized debt-based central banking system that systematically transfers wealth from hard working ordinary citizens to the global elite. Those at the very top of the pyramid know that they are impoverishing everyone else, and they very much intend to keep it that way.
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The Rising Civil Unrest in America is Highly Dangerous for the Future

by Martin Armstrong, Armstrong Economics:
The American Revolution was inspired by one book entitled Common Sense by Thomas Paine. We even find British political tokens with the saying “END OF PAIN“, which was obviously a pun on his name. He was demonized by the British as the man who inspired the Revolution. According to this intense studies of the Continental Army at Valley Forge, the average age of George Washington’s soldiers in 1777 was between 20 and 25. That was the average because the youth who joined were 16 to 18. The last verified surviving American veteran of the war was John Gray of Virginia who joined the Continental Army at the age of just 16 in 1780. George Washington himself wrote: that “to place any dependence upon militia is assuredly resting upon a broken staff.” Of the New England militia, Washington wrote, “Their officers generally speaking are the most indifferent kind of people I ever saw.” Militia privates ignored commands issued by officers of the Regular Army, which disturbed Washington. The common age of a Continental soldier was quite young. One historian found that in nine New Jersey towns nearly 75% of boys who were just fifteen and sixteen. There are accounts of people such as artilleryman Jeremiah Levering who entered the service at twelve or thirteen, and hundreds more under the legal age of sixteen served in all services. Thousands more were under twenty. It was the youth who are inspired and do not appreciate the tragedy of war.
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