A toxic trifecta for bondholders.
China’s holdings of US Treasury securities plunged by a stunning $66.4 billion in November 2016, after having already plunged $41 billion in October, the US Treasury Department reported today in its Treasury International Capital data release. After shedding Treasuries for months, China’s holdings, now the second largest behind Japan, are down to $1.049 trillion.
At this pace, it won’t take long before China’s pile of Treasuries falls below the $1 trillion mark. It was China’s sixth month in a row of declines. Over the 12-month period, China slashed its holdings by $215.2 billion, or by 17%!
What’s Happening Wednesdays with Andrew Hoffman:
Yesterday’s historic Trump comments, that the dollar is “too strong”
The end of the faux “strong dollar policy,” which put the gold Cartel on notice!
Followed up by yesterday’s Dudley and Brainerd speeches, suggesting the fed’s recent, faux hawkishness will end soon
Per today’s soon-to-be published “First Trump, then Dudley – Yellen next!
Article: Candidate Trump becomes President Trump, and all it entails
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China Censors Trump Inauguration: "It's Forbidden For Websites To Carry Reports Of The Inauguration"
Bikers, Potheads, Snowflakes, & Women - Washington Braces For Protests, Patriots, & Physical Conflict
from Harvey Organ:
In silver, the total open interest ROSE by 2,161 contracts UP to 174,217 with respect to YESTERDAY’S TRADING. In ounces, the OI is still represented by just less THAN 1 BILLION oz i.e. .871 BILLION TO BE EXACT or 124% of annual global silver production (ex Russia & ex China).
FOR THE JANUARY FRONT MONTH IN SILVER: 122 NOTICES FILED FOR 610,000 OZ.
In gold, the total comex gold FELL BY 2,313 contracts WITH THE FALL IN THE PRICE GOLD ($0.70 with YESTERDAY’S trading ).The total gold OI stands at 465,624 contracts.
Read More @ Harveyorganblog.com
With only a a few hours left before leaving office it appears President Obama is not going to officially pardon Hillary Clinton for any crimes, since he has unofficially done so already.
Hillary will soon be at the mercy of an unforgiving President Trump.
New York Post reports:
Obama has pardoned or commuted the sentences of more than 1,000 people — in fact, he’s the most forgiving president in history. And while Hillary has until noon Friday to get a pardon for any crimes she may have committed, Obama as of noon Wednesday does not intend to pardon Madame Secretary.
Over the past couple of months, the radical left has been endlessly hyping the protests against Donald Trump on January 20th and January 21st. We have been told that half the population absolutely hates Donald Trump and that Washington D.C. will be filled with angry protesters that are ready to take their country back. So where are they? The radical left tends to talk a good game, but when it comes time for action they often come up way short. At this point, it appears that the much-hyped “war in the streets” that they were promising is going to be a giant dud.
When I read Trump’s defenders, such as Daniel Lazare, having to balance their defense with denunciations of Trump, I think the CIA’s propaganda is working. In his article, Lazare asks the rhetorical question, “Is a military coup in the works?” He then goes on to describe the CIA and presstitute coup against Trump unfolding before our eyes.https://consortiumnews.com/2017/01/14/the-scheme-to-take-down-trump/
Having described the unprecedented frame-up of the president-elect of the United States by the CIA and the Western media, Lazare has to square himself with those doing the frame-up:
“This is not to say that the so-called President-elect’s legitimacy is not open to question. . . . Trump is a rightwing blowhard whose absurd babblings about Saudi Arabia, Iran and Yemen reveal a man who is dangerously ignorant about how the world works.”
Obama has been a puppet president and a force of anti-American ideology, preferring to treat people as plebs and dependents, rather than as independent and proud individuals.
Never before in U.S. history has the political and social landscape been so sharply divided, and so much power titled towards the wealthiest few who pull strings and hold all the power.
At its root, the Obama administration was a lot of hype, a lot of pomp and circumstance for a cult of personality figure. Underneath it all, Barack Obama was little more than a front man for the bankers and war mongers.
by Steve Watson, Infowars:
On the eve of the inauguration of Donald Trump as the 45th President of The United States, the following video highlights just how wrong fake news readers were when they laughed and poured scorn on Donald Trump last year when he announced he was running for office.
The video, put together by the Media Research Center, shows just how utterly out of touch the fake news media has become with everyday Americans, most of whom elected Trump because he represents everything that these spoiled elitist wannabes do not.
ike other pesticides, paraquat has been the subject of controversy for some time now. In Switzerland, for example, the toxic substance has been banned since 1989. The rest of the European Union has followed the Swiss’ lead, including England — even though there is still a factory there where paraquat is manufactured for export. (RELATED: Follow more news headlines on pesticides at Pesticide.news)
Even China has phased out the use of paraquat. In 2012, the Chinese government announced that the pesticide would no longer be used in order to “safeguard people’s lives.” China is not a nation that is recognized for its environmental protection policies. If they’re concerned about this pesticide, it stands to reason we should be too.
And yet, for some reason, paraquat is still available in the United States — even in spite of the growing body of research that suggests it is an extremely harmful chemical that likely causes Parkinson’s disease.
The Virginia House of Delegates voted 57-36 Wednesday to adopt a resolution calling January 22nd, the day that the Supreme Court ruled that abortion was a constitutional right, a “Day of Tears in Virginia” and saying “that the citizens of the Commonwealth of Virginia are encouraged to lower their flags to half-staff to mourn the innocents who have lost their lives to abortion.”
“By making a visual step in support of life, hopefully we can help save lives,” Rockbridge Del. Ben Cline (R), who introduced the resolution, said at a news conference. “And ultimately, this is what that’s all about.”
Virginia House Democratic Caucus Chair Charniele Herring spoke on the floor just prior to the resolution’s passage, calling it “an insidious way to attack the dignity and privacy of women who have made a choice regarding their own life and health.”