There is a record bubble in bonds, and money manager Michael Pento warns, “Where’s the 10-year Treasury right now? It was 1.3%, and now it’s around 2.6%. We’re going to 4% on the 10-year Treasury. That, by definition, is an absolute bursting of the bond bubble.
"Wrong Way Gartman"...
European Banking Bloodbath Spreads To Spain After Italy Fires €20 Billion "Bazooka" At €360 Billion Problem
Vladimir Putin confers with his intelligence and security chiefs in order to track down anyone responsible for ordering the murder of the Russian ambassador to Turkey.
In the hours following news of the murder of the Russian ambassador to Turkey, Russian President Vladimir Putin convened an urgent meeting of his top foreign policy and intelligence advisers.
Roger Stone, a renowned American strategist and long time ally of Donald Trump is petitioning the incoming administration to ask a grand jury whether Hillary Clinton should be criminally prosecuted.
Stone said on Monday that Hillary Clinton’s use of a private server to exchange sensitive data between 2009 and 2013 should not go unpunished.
Thanks to the election of Donald Trump, most Christians in America are feeling really good about the future, but it is another story entirely in much of the rest of the world. A Christian persecution watchdog group called Aid to the Church in Need released its “Religious Freedom in the World” report for 2016 a few weeks ago, and their conclusion was that the persecution of Christians globally is becoming much worse. In fact, there are seven nations where persecution is so bad that they were put into the “it could scarcely get any worse”category. Those nations included Afghanistan, Iraq, Nigeria, North Korea, Saudi Arabia, Somalia and Syria.
Thank you for your committment to this website. You have kept your side of our agreement, and I will keep my side.
This is truly your website. It is here because of you.
I am fortunate that I grew up during a time when, despite the lies and disinformation, both private greed and government were checked by a sometimes honest media and an alert population. The power of the people’s votes had not yet been eclipsed by the power of campaign contributions.
Truth mattered, and those who lost their integrity were shamed.
But GM already booked those vehicles on dealer lots as revenues.
GM has been reacting to its fabulously ballooning inventory glut by piling incentives on its vehicles. But that hasn’t worked all that well though it cost a lot of money. Now it’s time to get serious.
It will temporarily close five assembly plants in January and lay off over 10,000 employees, spokeswoman Dayna Hart said today. Plants that assemble cars will be hit, according to the AP:
from Harvey Organ:
In silver, the total open interest FELL by 114 contracts DOWN to 160,299 with respect to YESTERDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. .801 BILLION TO BE EXACT or 114% of annual global silver production (ex Russia & ex China).
FOR THE DECEMBER FRONT MONTH: 0 NOTICES FILED FOR nil OZ.
In gold, the total comex gold FELL BY 1,050 contracts DESPITE THE FACT THAT WE HAD A RISE IN THE PRICE GOLD ($5.20 with YESTERDAY’S trading ).The total gold OI stands at 400,742 contracts. We are very close to the bottom with respect to OI. Generally 390,000 should do it.
Read More @ Harveyorganblog.com
Will there be peace again in our lifetimes? That remains to be seen.
As you have probably heard, Russian Ambassador to Turkey Andrey Karlov was shot dead Sunday night at an art gallery right as he was about to give a speech.
The shooter, identified as 22-year-old Turkish policeman Mevlüt Mert Altıntaş, reportedly fired at Karlov eight times, hitting him multiple times in the back before he fell to the ground on his back.
Something smelled unusually rotten in Trumpland when Democratic Senator from New York Chuck Schumer fell all over himself to endorse Donald Trump’s nominee, Vincent Viola, as Secretary of the Army. Viola has never served in battle and has spent the bulk of his adult life as an oil and gas futures trader. He became a billionaire from his stake in a high frequency trading firm, Virtu Financial, which he took public last year.
Multiple media outlets reported that Viola was a donor to Donald Trump’s campaign. According to Federal Election Commission (FEC) records, however, Viola’s only Federal election contribution in the past two years was a $5,000 donation to the CME Group Pac in December 2015.
Commenting on the pro-abortion and pro-LGBT agenda emplaced at the State Department by President Barack Obama over the last eight years, Family Research Council (FRC) President Tony Perkins said Rex Tillerson, President-elect Donald Trump’s nominee for Secretary of State, must make it clear that he will seek to dismantle this radical, anti-family agenda and ferrot out the radicals who are promoting it at the expense of true diplomacy and international human rights, such as religious liberty.
“Clinton made her intentions known early in her tenure that the administration would not only promote special rights based upon sexual behavior within the State Department but would use the State Department to export the LGBTQ agenda globally,” said Perkins. “These behavior-based rights have consistently been a major emphasis of the Obama administration’s foreign policy.”