from Gregory Mannarino:
USDJPY, Nikkei 225 Tumbles After Disappointing "No Change" From Bank Of Japan
Submitted by Tyler Durden on 09/14/2015 - 23:22 We noted earlier the premature exuberation in USDJPY and Nikkei 225 - despite most of the sell-side not expecting anything from The BoJ - and it appears the banks were right and the FOMO traders wrong. The Bank of Japan made no change to its monetary policy (no increased buying, no shift in ETF allocations, and no NIRP for now). BoJ members spewed forth their usual mix of "everything is awesome" and "any quarter now" for the recovery but the market wasn't buying it. That leaves only one thing left to cling to for a "we must buy" crowd - no change today 'guarantees' moar QQE in October.But But But...It's for the children...
Public School Students Are The New Inmates In The American Police State
Submitted by Tyler Durden on 09/14/2015 - 22:05 If you want a nation of criminals, treat the citizenry like criminals. If you want young people who grow up seeing themselves as prisoners, run the schools like prisons. But if you want to raise up a generation of freedom fighters, who will actually operate with justice, fairness, accountability and equality towards each other and their government, then run the schools like freedom forums. Remove the metal detectors and surveillance cameras, re-assign the cops elsewhere, and start treating our nation’s young people like citizens of a republic and not inmates in a police state.USDJPY Surges Ahead Of BoJ Statement, China Strengthens Yuan As Washington Folds On Cybersecurity Sanctions
Submitted by Tyler Durden on 09/14/2015 - 21:20 It appears someone is betting on Kuroda and his cronies to do something later this evening (just like they did as The Fed stopped QE3 back in October) in some wierd monetray policy quid pro quo of - dump Yen all you like as long as the carry trade is alive and well. USDJPY is up from 119.85 to 120.50 (and NKY up over 400 points from US session lows), as perhaps the fact that The BoJ's ETF-buying kitty is running dry at a crucial time. Chinese equity markets are extending yesterday's losses as margin debt declines to a 9 month low (still +62% YoY), injects another CNY50bn and strengthens the Yuan fix for the 3rd day in a row; but in a somewhat embarrassing move, Washington has decided not to impose sanctions on China ahead of Xi's first state visit next week.Fourth Turning: Crisis Of Trust, Part 2
Submitted by Tyler Durden on 09/14/2015 - 21:05 The world is becoming increasingly chaotic and the American people are seeking a leader who can bring order, make tough decisions, and capture the zeitgeist of this moment in history. They are in search of a prophet generation (Boomer) Grey Champion, whose arrival marks the moment of darkness, adversity and peril as the Fourth Turning careens towards its climax. The Grey Champion doesn’t necessarily have to be a good person, but they must lead and display tremendous confidence in their cause and path. Franklin, Lincoln, and FDR have many detractors, but during their Fourth Turnings, they most certainly led, casting aside obstacles (sometimes illegally) and enduring dark days and bleak prospects for success. Is there someone of that stature ready to lead the American people now?Iraq War Veteran Blows Whistle On Shameless Propaganda Being Taught At Police Academies
Submitted by Tyler Durden on 09/14/2015 - 20:45 There is no “war on police” happening in America today. What is happening is a growing movement of people who want police accountability, profess a desire to reform the justice system so that we stop incarcerating people for the oxymoron of “victimless crimes,” and an end to the widespread thieving of the public without due process via a practice known as civil asset forfeiture.Goldman Warns: VIX Is Not Going Back To Low-Teens, No Matter What Fed Does
Submitted by Tyler Durden on 09/14/2015 - 20:45 While equities do tend to be lower one-, two-, and three-months after a Fed rate hike, S&P 500 realized volatility and VIX levels have been fairly well contained. However, Goldman Sachs warns not to expect VIX to calm down and settle back into the low teens like it was from 2013 to mid-August 2015. New normal trend VIX levels should now be 4-5 points higher than the average level of 14 experienced in 2013-2014 given the current state of the economy.Jeffrey Brown: To Understand The Oil Story, You Need To Understand Exports
Submitted by Tyler Durden on 09/14/2015 - 20:15 Despite the attention-grabbing economic volatility that is dominating headlines, it's important to keep our eye on the energy story firmly in focus. This is especially true as the headlines we regularly read about Peak Oil being dead " are "manifestly false" according to petroleum geologist Jeffrey Brown. As concerning as the fact that global oil production has plateaued over the past decade, despite trillions invested in trying to goose it higher, are Brown's forecasting model for oil exports. His Export Land Model shows how rising internal consumption can swing (and has swung) countries from major exporters to permanent importers within a dizzyingly short period of time.Barclays Slashes China GDP Projections After Weak Data
Submitted by Tyler Durden on 09/14/2015 - 19:45 "Looking into 2016, we believe the three major headwinds highlighted in the medium term - excess capacity in many industries, oversupply in the housing market and high debt burdens (especially among local governments) - together with anti-corruption and policy uncertainties will continue to weigh on growth."NOTABLE EVENTS AS WINGNUT PERIOD COMMENCES
by Russ Winter Winter Watch:
As we entered Sunday into the wingnut period of Sept 13-28, a notable event occurred at the Temple Mount in Jerusalem. Israel played with fire yesterday as its security forces stormed occupied the Al-Aqsa Mosque compound and attacked Muslim worshipers. Dozens of Palestinians were injured. Not a smart choice, and it illustrates well the problem we all face. Muslims would consider any attempt to destroy the present structures grounds for war. From Christian Science Monitor:
“If the Jews and the Israelis destroy the Noble Sanctuary, then they would have actually destroyed part of the holy Quran and destroyed part of the Muslim belief,” says Sheikh al-Khatib. “If that were to happen, then Muslims all over the world would conduct jihad.”
VIDEO: Masjid Al-Aqsa Kembali di Serang Israel (13 September 2015)
Read More
from HighImpactFlix:
Bizarre facts and strange activities transpired before, during and after September 11th 2001.
In case you missed the others. Here are the 9/11 Facts series of videos:
Part 1: https://www.youtube.com/watch?v=zbsZj…
Part 2: https://www.youtube.com/watch?v=70Ce_…
Part 3: https://www.youtube.com/watch?v=gQEUK…
Bizarre facts and strange activities transpired before, during and after September 11th 2001.
In case you missed the others. Here are the 9/11 Facts series of videos:
Part 1: https://www.youtube.com/watch?v=zbsZj…
Part 2: https://www.youtube.com/watch?v=70Ce_…
Part 3: https://www.youtube.com/watch?v=gQEUK…
by Jeff Nielson, Bullion Bulls:
It was a day of surprises. First we had a report on the Pope, a pimp for the Status Quo (of our ruling plutocracy). The news was that Pope Francis was planning to speak out, in his visit to the U.S., againsteconomic victimization/oppression as well as the serial, criminal acts committed by Big Business against “the environment”.
This alone was very surprising. However, this apparent about-face at the Vatican paled in significance next to an even more astonishing revelation, Bloomberg’s new definition of capitalism:
Capitalism = gross inequality and planetary neglect
There is no other, possible way in which Bloomberg’s coverage of the Pope’s pledge can be interpreted. It is made explicit, through the title of the Bloomberg article, and the first sentence of that same article
Read More
It was a day of surprises. First we had a report on the Pope, a pimp for the Status Quo (of our ruling plutocracy). The news was that Pope Francis was planning to speak out, in his visit to the U.S., againsteconomic victimization/oppression as well as the serial, criminal acts committed by Big Business against “the environment”.
This alone was very surprising. However, this apparent about-face at the Vatican paled in significance next to an even more astonishing revelation, Bloomberg’s new definition of capitalism:
Capitalism = gross inequality and planetary neglect
There is no other, possible way in which Bloomberg’s coverage of the Pope’s pledge can be interpreted. It is made explicit, through the title of the Bloomberg article, and the first sentence of that same article
Read More
by Gary Christenson, Deviant Investor:
- Buy a few congresspersons, or preferably a president, and obtain a “no-bid” contract to provide something to the government at a huge markup. It could be Tamiflu vaccine, security services in Iraq, TSA scanners, private prisons or so many other schemes. The profits can be enormous to the point that payoffs to politicians are insignificant. This works especially well if you are a member of the financial elite.
- Let the Federal Reserve ship several billion dollars in shrink-wrapped one hundred dollars bills to you, and exempt yourself from accountability. This worked in Iraq – link here.
from Thorium:
Europe’s migrant crisis stumbles on with no end in sight. How about we have a chin-wag with the BBC about it?
Europe’s migrant crisis stumbles on with no end in sight. How about we have a chin-wag with the BBC about it?
from Mike Maloney:
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