Friday, December 16, 2016

Putin Lashes Out At Obama: "Show Some Proof Or Shut Up"

Putin has had enough of the relentless barrage of US accusations that he, personally, "hacked the US presidential election" and on Friday his spokesman told reporters in Tokyo that "you need to either stop talking about it, or finally show some kind of proof. Otherwise it just looks very indecent."

Julian Assange Crushes Obama Narrative: "Our Source Is Not The Russian Government"

Hannity:  "Let me be clear, Russia did not give you the Podesta documents or anything from the DNC?"
Assange:  "That's correct."

Trump Doubles Down: "Are We Talking About Same Cyberattack That Revealed Illegal DNC Coordination"

China Seizes Unmanned, Underwater US Drone Off South China Sea

China has seized an unmanned, underwater US navy vehicle inside off international waters in the South China Sea; leading to a formal request by the US demanding the return of the vehicle.

US Dollar Sinks, Stocks Slump To Post-Fed Lows After China Seizes US Sub

As headlines about China seizing a US underwater drone make their way to the mainstream, the USDollar is tumbling (Yen is well bid) and stocks are sliding rapidly...

New York Time Will Vacate 8 Floors In Its HQ To Generate "Significant Rental Revenue"

Remember when The NYT reported that its ad hoc campaign to boost revenue by selling subscriptions in response to the vicious back and forth with Donald Trump, was said to be a smashing success? It appears it was not smashing enough, and according to a just released note, the newspaper will vacate at least eight floors in its iconic building, allowing it to "generate significant rental income."

Facebook Stock Sinks As Social Network Admits Another Advertising Metric Error

Fool me once...

Vancouver Goes For Housing Bubble #2: Will Fund Home Down Payments With Interest-Free Loans

The British Columbia government is repeating all the worst mistakes of the first bubble, and shortly after bursting the ultra high end housing bubble over the summer, is now offering to "help" first-time homebuyers to cover the cost of a mortgage down payment with an interest-free loan, a move that is certain to create another bubble, this time on the low end.

Understanding The Trump Phenomenon

To get to where we want to go, the American political class has to be hit hard, and the media and the universities need to be exposed for the propaganda factories they are.

Trump May Appoint President Of World's Biggest Hedge Fund As Deputy Defense Secretary

For those who collect stats about how many billionaires will be represented in Donald Trump's administration, prepare to make some extra room because according to Bloomberg, David McCormick, president of the world's biggest hedge fund Bridgewater, is the front-runner for the post of deputy defense secretary, according to three people familiar with the presidential transition.

Quad Witch Chaos Begins: VIX & Stocks Sliding Together

As expected the US equity market open was a chaotic scene of volatility complex tails and equity market stop runs as the first of the quad witch option expiration passes without total mayhem...

"Infuriated" Podesta Slams "Broken" FBI, Demands "Serious, Sustained Response" Against Russia

"the election is over and the damage is done, but the threat from Russia and other potential aggressors remains urgent and demands a serious and sustained response."

The Widening Gap Between Europe's "Hard" And "Soft" Data

Flash PMI data for Europe’s manufacturing sector, at 54.9 for December, paints an ever more positive picture, having surpassed the most recent high reached in early 2014 to retake levels not seen since 2011. The problem? Hard data (i.e. industrial production, released yesterday) isn’t keeping pace with the increasingly optimistic survey data.

Housing Starts, Permits Crash In November (Despite Soaring Homebuilder Confidence)

Just yesterday homebuilders raged hard about how awesome everything was - sending their optimism index to its highest since the previous peak in 2005. It seems they are all talk and no action as November's data for housing starts and permits collapsed (following the trajectory of mortgage apps).

Head For The Bunkers?

"...unpredictability is the order of the day, and a collective “me first” outlook has taken hold, we should prepare for the possibility that turmoil could go global. In other words, while it is not time to head for the bunkers, it certainly wouldn’t hurt to have one nearby."

China Suffers Failed Treasury Bill Auction

One day after China's regulator halted trading in bond futures for the first time ever, Beijing suffered another catalytic bond-market event overnight when it failed to sell all the Treasury Bills on auction Friday, for the first time in almost 18 months, as bids fell short of minimum requirements.

"Trump Trade" Leads To Ninth Biggest Weekly Inflow To Equities, More Bad News For Active Managers

The "Trump Trade" continued with global equity funds receiving $21 billion in inflows in the past week according to Bank of America, as investors rushed into reflation assets, while money flowed out of bonds for seventh week in a row. For one more week news for the "active managed" community was negative: of the $20.7 billion in equity inflows, $31 billion was in the form of ETFs, which meant another $10 billion in outflows from mutual funds and other active vehicles.

Quad Witching Arrives: Futures Steady, Stoxx 50 Erase 2016 Loss As Dollar Steadies

Quad-witching Friday has arrived, which means that alongside thin, pre-holiday liquidity and a jumpy market, we expect to see sharp, volatile moves for the rest of the day, the first of which was just noted in Europe, where stocks moved from session lows to highs in the span of minutes, in the process sending the Euro Stoxx 50 index 0.8% higher and turning it positive on the year as it reached its highest level since December 2015.

Obama Vows Retaliation Against "Russia Hacking", To Hold Press Conference On Friday

With Obama vowing retaliation against Russia's "hacking" of the US elections, and set to hold an impromptu press conference ahead of his flight to Hawaii on Friday afternoon, it could be an interesting weekend.

Iran Just Issued A Chilling Challenge To The US After Aleppo Victory

“Iran is on one side of this coalition which is approaching victory and this has shown our strength... The new American president should take heed of the powers of Iran.”

Don’t Forget About Deutsche Bank – Jim Rickards

by Jim Rickards, DailyReckoning:
The banking crisis in Italy has gotten all the attention lately, but one of the biggest banks in the world is still a serious potential problem.
The bank in question is Deutsche Bank. It’s the largest bank in Germany, by far, and one of the twelve largest in the world. It is difficult to overstate the importance of Deutsche Bank not only to the global economy, but also in terms of its vast web of off-balance-sheet derivatives, guarantees, trade finance, and other financial obligations on five continents.
It’s well known that Deutsche Bank is the “sick man” of European banking.
Read More

11 Health Benefits of Coconut Oil for Your Diet

by Chris Turner, Natural News:
Coconut oil can be called a “superfood.” Do you want to lose weight? Or want to make your brain functioning better? Are you concerned about your skin health? No worries one product can do all of these along with other functions. Coconut oil is the item that will solve all your health-related issues; one product loaded with a high number of benefits.
According to 1500 studies coconut oil is one of the healthiest food on planet Earth. The use of coconut oil in the foods in increasing day by day because of its benefits.
Following are some of the effective and significant functions or benefits of coconut oil.
Read More

How Come No One Involved in the Russian Hacking Conspiracy Talked?

by Paul Craig Roberts, Paul Craig Roberts:
The claims that the Russian government hacked US voting machines are absurd. Voting machines are not connected to the Internet. To hack a voting machine you have to be physically in proximity to the machine and use a hand held device. The machines can be programmed to throw the vote count to one candidate or the other, and there are other ways to interfere with elections. Possibly if a foreign power had server presence in the US, some precinct reports of results could be intercepted and altered, although a voice check over the telephone is an easy way to verify the electronic transmission. What is clear is that Russia cannot hack the voting machines.
What about the claims that Russia hacked Hillary’s emails and used a network of 200 Internet websites to convince the American people to vote for Trump? Wikileaks, which released the emails, said they were a leak, not a hack, and that they did not come from Russians. The FBI and the Director of National Intelligence do not support the CIA’s claims. Or should we say claims attributed to the CIA as apparently the source of the claims, like the source of PropOrNot, is unknown.
Read More

The Royal Flush – Ted Butler

by Ted Butler, Silver Seek:
In order to make a point, I’m going to address a very popular question, by giving the answer first and then providing the question. The answer does involve a bit of imagining on your part. I ask you to picture yourself at the highest stakes poker game imaginable, where quite literally many billions of dollars are at stake and in which you have just been dealt the indisputable best hand possible – a royal flush. Please accept that you are guaranteed to win.
It’s the last deal of the game with winner take all. The pot is enormous and all the other participants have been dealt very high and normally winnable hands and are flush with funds and every player is intent on raising and re-raising as each new bet is made. You have plenty of betting funds left and know that you must win in the end; so it is obvious that you will sit back and enjoy the circumstances and hope the raising and re-raising will continue for as long as possible, making the once-in-a-lifetime pot as large as possible – tens and hundreds of billions of dollars.
Read More


by Jim Hoft, The Gateway Pundit:
Sean Hannity spoke with founder and editor-in-chief of Wikileaks, Julian Assange, on his radio show today to clear up the source of the DNC hack.
When Hannity asked him if the Russian government was the source of the hack, Assange said the following:
Julian Assange: “Our source is not the Russian government.”
Sean Hannity: “So in other words, let me be clear, Russia did not give you the Podesta documents or anything from the DNC?”
Julian Assange: “That’s correct.”
Read More

The Silver Riggers are now Playing with Fire, Here’s Why…

by Wealth Watchman, The Wealth Watchman:
A Deadly Game
Hello brothers, in this Clarion Call, we take aim at recent events in silver, and then hone on brand-spanking new market events that will weigh HEAVILY on precious metal riggers into 2017. Things like:
-The recent Deutsche Bank settlement, and why it’s crucial for the authorities.
-Why the confession by the banks, and the daily evidence of emails at the silver fix, is the “Wikileaks dump” of precious metals we’ve been waiting for.
Read More

Currency Armageddon? A Word about the Hated Dollar

by Wolf Richter, Wolf Street:
The “death of the dollar” will have to be rescheduled.
Sharply higher yields on Treasury securities and the prospect of more rate hikes by the Fed – in a world where other major central banks are still stewing innocent bystanders in the juices of NIRP, negative yields, and “punishment interest” – sent the hated dollar, whose death has been promised for a long time, soaring.
It soared against the euro. Or, seen from the other side, the euro plunged against the dollar, to $1.039, the lowest level since January 2003; down 35% from its peak of $1.60 during the Financial Crisis; down 10% from its 52-week high in March of $1.16; and down 2.7% from $1.068 yesterday before the Fed announcement.
Read More


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.
Read More @

Forget About Fake News – Worry About Fake Money

by Guy Christopher, Activist Post:

Post-election airwaves and publications today are filled with bad news, good news, and fake news.
The bad news is ‘fake news’ is very real. The good news is fake news is nothing new. The even better news for gold and silver stackers is they have learned to live with decades of fake news about sound money.
You already know all about fake news. It used to go by other names – lies, propaganda, false advertising, and brainwashing, to name a few. Now we can add polling results and agenda-driven predictions to that list.
Read More

There’s a Smart Way to Resist Trump and a Very Stupid Way (Democrats Chose the Latter)

by Michael Krieger, Liberty Blitzkrieg:

Let me start this post by reiterating my view that a Trump Presidency carries various undeniable risks. Specifically, his stated views on civil liberties as well as a recent embrace of Wall Street, leaves much to be desired.
That said, if you want to effectively push back against the real risks Trump presents, it’s important you live in reality. Hysterically comparing him to Hitler, or saying he’s going to put Muslims in concentration camps, is a surefire way to incinerate your credibility and strengthen Trump’s support amongst the public. Trying to steal the office from him via an extremely dangerous and irresponsible coup attempt is equally foolish. These tactics only serve to strengthen Trump.
This is because a majority of Americans simply weren’t really into Trump or Hillary.
Read More


No comments:

Post a Comment