Today's Most Stunning Statistic

It appears some are finally waking up...

Donald "I Am Batman" Trump Reports For Jury Duty After Failing To Respond To Five Prior Summonses

Submitted by Tyler Durden on 08/17/2015 - 11:48 Over the weekend, the Donald came to Iowa, saw, and then left in his chopper. But not before declaring himself to be America's latest caped crusader. So having gone back to New York, what is keeping the Donald occupied today? The answer: jury duty. Perhaps the reason the media is particularly fascinated with Trump's appearance in court is because it was his first time in six that he decided to respond to a jury duty summons: "The real estate mogul's service came after a state judge in March fined him $250 for failing to respond to summonses to serve jury duty five times since 2006."

Is The 'Dumb' Money Doing Something Smart?

Submitted by Tyler Durden on 08/17/2015 - 11:33 At the peak of bull markets, when stock prices have been rising long enough for people who just recently started paying attention to conclude that they always go up - that’s when retail investors traditionally go all-in to snag some of that apparently easy Dow Jones money. That’s also when markets tend to peak and then roll over, once again transferring a sizable chunk of societal wealth from late-to-the-party “dumb money” investors to the pros who have been here before and recognize a peak when they see one. So it’s interesting to hear that retail investors are departing from the script in 2015.
 

Crude Oil Pump'n'Dump Ends At Lowest Close Since March 2009

Submitted by Tyler Durden on 08/17/2015 - 14:44 For the first time since March 2009, WTI Crude closed with a $41 handle. After an all-day levitation (along with stocks), it appears the world and their pet rabbit is now aware of the pre-NYMEX close ramp and thus outspoofed themselves and so WTI fell through a bidless vacuum to the lows of the day...



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Bob Woodward Compares Clinton Emails To Nixon Tapes, Warns "Answers Won't Be Pretty"

Submitted by Tyler Durden on 08/17/2015 - 14:35 "Follow the trail here," veteran Washington Post journalist Bob Woodward told MSNBC, as he compared Hillary Clinton's private email account to the Nixon tapes. As The Hill reports, Woodward concluded that the fight over Clinton’s emails wouldn’t end soon: "This has to go on a long, long time...and the answers are probably not going to be pretty."

IRS Admits Taxpayer Account Hack Far More Serious Than Initially Reported

Submitted by Tyler Durden on 08/17/2015 - 14:18 Another day, another lie/fib/untruth exposed in government. As WSJ reports, after initially admitting that a major security breach had gained unauthorized access to 100,000 US households tax returns, The IRS has now admitted that in fact more than 600,000 breaches (blamed on Russians) were attempted and an additional 390,000 taxpayers were potentially affected.

Greece Faces Snap Elections As Lawmakers Abandon Tsipras

Submitted by Tyler Durden on 08/17/2015 - 14:10 Greek PM Alexis Tsipras has lost the support he needs to win a confidence vote, setting up the possibility of snap elections. Meanwhile, German Chancellor Angela Merkel's bulletproof reputation will be tested on Wednesday when the Bundestag will be forced to vote on the Greek bailout without an assurance that the IMF will ultimately shoulder a portion of the burden.

The Downturn In China Is 'Our' Downturn

Submitted by Tyler Durden on 08/17/2015 - 13:51 The downturn in China is “our” downturn. All the recent happy talk, due to unsuitable extrapolation and nothing more, has melted away yet again. In short, the same trend dating back almost four years now is quite expectedly unaltered by whatever any central bank does or does not do. “Stimulus” is just noise against all that, at best; at worst it actively contributes to the instability of the decline.

What Happens If The Energy Multiple Mean Reverts

Submitted by Tyler Durden on 08/17/2015 - 13:26 We show the answer on the chart below: it shows the current price of the S&P energy sector juxtaposed with where the sector would be if one applied a 13.6x multiple to every EPS data point in its history. Not surprisingly, it reveals an energy sector trading at 262.3, about 50% below the current price. It means that the current energy sector price of 506, which is 93% higher to the implied price, has a long way to drop if and when multiple mean-reversion finally sets in.

Spot The Odd One Out

Submitted by Tyler Durden on 08/17/2015 - 13:25 Volumeless levitation against every other asset class... or QE4 pricing in?



Government Sachs is NOT above the law...it IS the LAW...

The Dallas Fed's New President Was Until Recently A Vice-Chairman Of This FDIC Insured Hedge Fund

Submitted by Tyler Durden on 08/17/2015 - 13:02

"There Is A Special Species Of Idiot At Large In The Financial Markets"

Submitted by Tyler Durden on 08/17/2015 - 12:27 America is at the bottom of a self-knowledge low cycle in which we are incapable of constructing a coherent story about what is happening to us. The techno-industrial fiesta was such a special experience that we can’t believe it might be coming to an end. So, one option is to believe stories that have no basis in reality. As Tom McGuane wrote some forty years ago: “Life in the old USA gizzard had changed and only a clown could fail to notice. So being a clown was a possibility.”

Self-Immolation Comes To Ohio

Submitted by Tyler Durden on 08/17/2015 - 12:15 While we have grown used to reading of Asian citizens setting themselves on fire in protest (most recently here), news that a 58-year-old man lit himself on fire in front of Ohio City Hall in Columbus is shocking. There are no details as to the reason for this sad act, but as ABC6 reports, the man has been transported to OSU Medical Center in critical condition.

Turkey Declares Curfew In Latest Wartime Escalation, Lira In Record Plunge On More Government Turmoil

Submitted by Tyler Durden on 08/17/2015 - 11:11 In what looks like the latest escalation in a string of wartime crackdowns, Turkey has declared a curfew for citizens of Lice, a district of Diyarbakir province. As Bloomberg reports, “citizens are prohibited from going out on streets from 9pm tonight until 7am on Tuesday.” Additionally, “the Governor of Diyarbakir [has] declared ‘special security zones’ in Silvan, Lice, Kulp and Dicle,” citing the PKK “terror” threat.

The Mystery Of September 23: Why Does 9/23 Keep Popping Up All Over the Place?

by Michael Snyder, End of the American Dream:
What is going to happen on September 23rd, 2015? For months, there has been an incredible amount of buzz on the Internet about the month of September, and in particular there has been a tremendous amount of speculation about the date of September 23rd. For a long time I didn’t pay much attention to all of this chatter, because I like to stick to things that I can prove. In law school, I was trained to be very analytical and to greatly value hard evidence. If you follow my articles regularly, you have probably noticed those traits reflected in my writing. Well, today I am going to discuss some things that I cannot prove. I am going to share with you some things that other people are reporting, and I humbly submit them for your consideration. Personally, I do not know what is going to happen on September 23rd, but I have come to the conclusion that there are just way too many “coincidences” to ignore. Ultimately, you need to do your own research and come to your own conclusions.
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Monetary Warfare & The Tianjin China Event — Bill Holter

by SGT, SGT Report.com:

What may go down as the biggest geopolitical false flag event since 9/11, the Tianjin, China explosions will remain a critical topic of conversation for some time because the Chinese government still cannot determine what caused the blasts that melted more than 8,000 cars, devastated multiple buildings and the caused the deaths of more than 110 people, with 90 still missing and presumed dead.
Bill Holter asks the question we have all been thinking; Was this catastrophic landscape of destruction the result of a tactical nuclear weapon of some type?
Coming just a day or two after China’s devaluation of the Yuan, was the horrific blast – which left a three acre crater in its wake – a sign of what’s to come if China fully abandons the Dollar?
It is rapidly becoming clear that something unconventional happened in Tianjin – which leads to the inevitable question: Has the monetary war gone nuclear?

“Enduring Appeal of Cold, Hard Cash”: Facing Crisis, Demand for Physical, Not Digital, Money

by Mac Slavo, SHTFPlan:
The cashless control grid may still be coming, but it is not going to replace cash anytime soon.
Though millions of people have started using digital devices to pay for goods and services, the appeal of physical cash is soaring, not fading away.
Outlook for currency production shows an astounding 5 per cent increase per year for the foreseeable future in the printing of bank notes for currencies across the globe.
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Blythe the Knife!!!

by Marshall Swing, Silver Doctors:
To all my friends at SilverDoctors, who are avid stackers/truth seekers from all around the world, I am releasing to you, first, my recording of “Blythe The Knife” with new lyrics revealing to the world the manipulation of the precious metals markets and other financial weapons of mass destruction by the scumbag bankers and politicians who control this world’s economics for their personal greed and control of the masses of the people in every nation on the earth.
As you may know, Blythe Masters is BACK, greater than ever making inroads to totally control crypto currency and things like BITCOIN.
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