Friday, December 9, 2016

Trumponomics Will Collapse Under a Mountain of Debt

by David Stockman, DailyReckoning:
Financial markets are heading straight into a perfect storm of central bank failure, bond market carnage, a worldwide recession and a spectacular fiscal bloodbath in Washington. Investors should be heading for the hills with all deliberate speed.
What is going to stop Trumponomics cold is debt — roughly $64 trillion of it. That’s what is crushing the American economy, and until the mechanics of its relentless growth are stopped and reversed, the odds of achieving and sustaining the 3–4% real economic growth that Trump’s economics team is yapping about is somewhere between slim and none.
Here’s the newsflash. The nation’s monumental debt problem wasn’t newly created by the Obama Administration or the fact that Nancy Pelosi never met a spending program she couldn’t embrace. The last eight years have surely made the problem far worse and the Democrats are culpable without question.
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Are We Being Set Up For A Crash? Stocks Hit A Level Only Seen During The Bubbles Of 1929, 2000 And 2007

by Michael Snyder, The Economic Collapse Blog:
Will the financial bubble that has been rapidly growing ever since Donald Trump won the election suddenly be popped once he takes office? Could it be possible that we are being set up for a horrible financial crash that he will ultimately be blamed for? Yesterday, I shared my thoughts on the incredible euphoria that we have seen since Donald Trump’s surprise victory on November 8th. The U.S. dollar has been surging, companies are announcing that they are bringing jobs back to the U.S., and we are witnessing perhaps the greatest post-election stock market rally in Wall Street history. In fact, the Dow, the Nasdaq and the S&P 500 all set new all-time record highs again on Thursday. What we are seeing is absolutely unprecedented, and many believe that the good times will continue to roll as we head into 2017.
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Why Europe Must End in Tears

by Alasdair Macleod, GoldMoney:
The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week.
The Italian people have had enough of their government’s economic failure, and is refusing to give it more power.
The EU and the euro project have been an economic disaster for all participants, including Germany, which will eventually be forced to write off the hard-earned savings she has lent to other Eurozone members. We know, with absolute certainty, that the euro will self-destruct and the Eurozone will disintegrate.
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Rogue Republican Elector Warns Trump: "I Am Not The Only One Who Will Not Vote For You"

"I am confident in saying, at this point," Republican elector Christopher Suprun said, "I don’t think I will be the only one voting for someone other than Donald Trump. At this point there are people who have reached out to me. Again it wouldn’t be my place to name who they are."

Weekend Reading: The Trump Train Continues To Roll

“Lesson number one: Don’t underestimate the other guy’s greed.” - Scarface

Top Hedge Funds Predict How It All Will End

Where A Strong Dollar Will Do The Most Damage

Forecasting the future of currencies is a notoriously risky business. Forces may push them in a particular direction, but in the ever-changing environment of the foreign exchange market, events anywhere in the world, at any point in time, can alter their course. Nevertheless, the dollar is steadily strengthening, and it could create headaches in other parts of the world.

Another Day, Another Melt-Up In Stocks As Gold Hits 10-Month Lows


As momentum feeds on itself, it appears Trumphoria is in full swing...

Where A Strong Dollar Will Do The Most Damage

Forecasting the future of currencies is a notoriously risky business. Forces may push them in a particular direction, but in the ever-changing environment of the foreign exchange market, events anywhere in the world, at any point in time, can alter their course. Nevertheless, the dollar is steadily strengthening, and it could create headaches in other parts of the world.

The War on Cash is a Global Trend That Must Be Resisted – Nathan McDonald

by Nathan McDonald, Sprott Money:
The global elites have made it incredibly clear that they hate physical money. The war on cash has been something that many governments around the world have dabbled in. They have jawboned and talked about how physical cash is an evil thing – something dark and sinister, predominately used by drug dealers and money launderers.
This, of course, is simply an excuse that they use. Even though fiat money is a farce and one of the greatest scams ever orchestrated on the world, it is nonetheless the system we currently find ourselves living under and the least you can do is protect yourselves from it, as best as you possibly can.
The best way to do this is to invest in PHYSICAL precious metals – gold and silver bullion. Yet, it is impossible to entirely get away from fiat, as it is the standard form of payment that you need on a day to day basis.
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Obama Orders Intelligence Community To Conduct "Full Review" Of 2016 Election Cybersecurity

Still unable to accept the fact that running a failed candidate and/or failed democratic policies may have had anything to do with Hillary's loss last month, Obama has directed the "intelligence community" to conduct a "full review" of alleged Russian interference in the 2016 election.

Snowden Leak: British Intelligence Calls Israel "True Threat" To Middle East

According to leaked documents released by Edward Snowden, British intelligence spied on Israeli diplomats and military officials in 2008 and 2009, warning that "the Israelis constitute a true threat to regional security, notably because of the country’s position on the Iran issue."

‘Then We Will Fight in the Shade’ – A Guide to Winning the Media Wars

by Michael Krieger, Liberty Blitzkrieg:
Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.
– Sun Tzu, The Art of War
The ongoing battle between independent, alternative media and legacy corporate-government sponsored propaganda media is in full swing following Donald Trump’s victory in the 2016 election. While I’m no big fan of Trump, his win has so emotionally damaged the U.S. status quo they have begun to lash out in a hysterical and careless manner against those they feel prevented Her Highness, Hillary Clinton, from ascending to the throne.
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by Paul Joseph Watson, InfoWars:
This doesn’t fit with the media’s portrayal of Trump as a racist bigot
A homeless black woman reveals that she has been living in Trump Tower for eight years with the blessings of the Donald himself.
Filming from her hotel window, the woman says she originally snuck in the building before becoming a squatter in one of the empty rooms. Police arrived the next day and told the woman to leave or she’d be arrested.
“When I told them I would not go, they contacted Mr. Trump over the phone and he came down here. Instead of evicting me off the property, he said that I can stay and it’s been eight years I’ve been here,” the woman reveals.
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Guns Don't Kill People, Heroin Does

The epidemic of heroin and opioid related deaths in the US continues to grow, surpassing gun homicides in 2015 for the first time ever... "as bad as it was in 2015, it's going to be horrendous in 2016," and forecasting that, "the numbers are just going to continue to spiral out of control."

Giuliani Reportedly Out Of Running For Secretary Of State

A CNN source says that Trump has told Rudy Giuliani he’s out of consideration for the Secretary of State, and that Exxon Mobile CEO Rex Tillerson is being considered for the job.

Michael Moore Warns "Something Crazy Could Happen To Stop Trump Becoming President"

Is the film maker predicting an attempt on Trump's life?

RBC Answers "THE" Question Every Investor Is Asking: "What Could Derail This Rally?"

As RBC's head of cross asset-strategy, Charlie McElligott, asks rhetorically in a note on Friday morning, “THE” question that every investor is asking remains this: when is “the gig up” with this reflation trade? Here is his attempt at an answer...

A Major Red Flag? Chinese Oil Demand Growth Could Shrink 60% In 2017

Chinese growth of crude oil imports may likely shrink by more than 60 percent next year, as storage facilities are filling in and smaller refiners face more scrutiny over taxes and licenses, according to a Bloomberg survey of analysts.

WTI Slides As US Oil Rig Count Spikes Most Since April 2014

For the 25th of the last 27 weeks, Baker Hughes reports the oil rig count rose this week. With the biggest rise (+21) since April 2014 to 498, the highest since January 2016.

NBC's Fake News King Brian Williams Launches Crusade Against "Fake News"

What is that saying about glass houses and stones?

Trump Memo Reveals Plans For Massive Shake-Up At Energy Department

Hinting at a broad shake-up at the Energy Department, Trump's team has submitted a list of 65 questions requesting information on everything from how to keep aging nuclear plants online to a list of employees and contractors that attended the United Nations climate meetings.

Company Issues Press Release To Report Its Market Cap Hits $1 Billion

"Customers Bancorp, Inc. the parent company of Customers Bank, today reported that the Company achieved a market capitalization of $1 billion on December 6, 2016. "Reaching a market capitalization of $1 billion is an important milestone for us," said Jay Sidhu, Chairman and CEO of Customers."

Trump Shuns Palin, Picks McMorris Rodgers For Interior Secretary

In what is being touted as further diversification of the president-elect administration, Donald Trump is expected to name Rep. Cathy McMorris Rodgers (R-Wash.) to lead the Interior Department, according to reports. McMorris Rodgers gets the nod ahead of Sarah Palin and Harold Hamm.

Understanding Evil: From Globalism To Pizzagate

by Brandon Smith, Alt Market:
I have spent the better part of the last 10 years working diligently to investigate and relate information on economics and geopolitical discourse for the liberty movement. However, long before I delved into these subjects my primary interests of study were the human mind and the human “soul” (yes, I’m using a spiritual term).
My fascination with economics and sociopolitical events has always been rooted in the human element. That is to say, while economics is often treated as a mathematical and statistical field, it is also driven by psychology. To know the behavior of man is to know the future of all his endeavors, good or evil.
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Which of These Would You Rather Have in Your Safe?

by Simon Black, Sovereign Man:
Let’s say you have two equal size safety deposit boxes.
One box you completely fill up with stacks of $100 bills.
The other box you fill up with gold.
Which of the two is “worth” more?
It’s easy to calculate. A stack of 100x $100 bills is 6.14 inches long, 2.61 inches wide, and 0.43 inches tall.
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How to Trigger a Silver Avalanche by a Pebble: “Smash(ed) it Good”

UBS and other precious metals traders on how to wreak havoc in silver markets
by Allan Flynn, Bullion Star:

“An avalanche can be triggered by a pebble if you get the timing right” 
Earlier this year at April’s hearings for London Silver and Gold Fix lawsuits, the judge and defendant’s attorney quipped about trader chats named “the mafia” and “the bandits” published in prosecutors findings of Forex investigations but conspicuously absent from precious metals investigation findings, and the silver and gold antitrust lawsuits under consideration.
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Everyone Is Going To Experience The Mother Of All Events

from X22Report:

We Are Watching The Long Game To Total Censorship Play Out

by Melissa Dykes, Activist Post:
In this video, Melissa Dykes of Truthstream Media explains the totally Orwellian clampdown on speech. She gives an excellent breakdown of how the “fake news’ psyop is being used to normalize the idea of censoring free speech. “Maybe we should just start titling our videos something totally random and innocuous like, ‘Puppies frolicking in a daisy field’ or ‘Look at this cute cat named Bob!’ or ‘I like cheese’… Thoughts?
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