Mass Shooters Communicated with International Terrorists before Attack: Female here on K1 Visa from Pakistan

from Off Grid Survival:

While the Obama administration is still refusing to call the San Bernardino mass shooting a terrorist attack, instead seeking to blame American gun polices for the tragedy, multiple sources are now confirming that the shooters, Syed Rizwan Farook and Tayyeep Bin Ardogan, were both radicalized by Islamic Jihadists.
According to multiple sources, Farrok was in contact with at least a couple of different international terrorists who were actively being investigated by the FBI.
CNN, who initially blamed the attack on “three white males”, is now reporting that “San Bernardino shooter Syed Rizwan Farook was in touch over the phone and via social media with more than one international terrorism subject who the FBI were already investigating.”
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"As If It Never Happened" - Stocks, Bonds, Gold Soar On Draghi "No Limits" Double-Speak

Submitted by Tyler Durden on 12/04/2015 - 16:05

Reporters Storm Mass Shooters' Apartment, Reveal Potential Evidence On Live TV

Americans Have Never Tried To Buy So Many Guns In November... Ever

Submitted by Tyler Durden on 12/04/2015 - 13:22 Two things happened after the most recent widely publicized US mass shootings/domestic terrorism acts: i) Obama once again made a concerted effort to push for gun-control, and ii) gun sales soared to record highs for November most likely in response to i). As we reported in September, citing the FT, "gun sales this year could surpass the record set in 2013, when gun purchases surged after the December 2012 Sandy Hook murders." And given that Black Friday background checks broke all previous records, it appears we are well on our way.

Gun Control Explained (In 1 Cartoon)

Submitted by Tyler Durden on 12/04/2015 - 15:45 Presented with no comment...

Junk Bonds Did Not Get The Memo

What happens next?

The Real Reason Why Gold Prices Are Falling

from Ready Nutrition:

The past few months have been pretty rough for gold buyers. Week after week the price has plummeted, most notably on Tuesday when the spot price fell to a 6 year low. At first glance the decline seems relentless, and a vindication to all those investors who thought that the gold bugs were crazy and reckless. However, there’s bit more to this than meets the eye.
You have to recognize first and foremost that what we’re seeing is the decline of the paper gold market. As the price falls, the sale of real gold keep climbing. The US Mint sold a record of 97,000 ounces of gold in November, which is 185% more than they sold in October, and 62% higher than it was last year. Likewise, silver bullion has also been breaking records.
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Chilling UK Government "Advice" Asks Parents To Spy On Their Kids

This is WAY beyond ‘if you see something, say something.’

China "Terrifies" Investors With Crackdown: "If You Don't Do What They Ask, There Will Be Blood"

Submitted by Tyler Durden on 12/04/2015 - 15:17 "You can't 'comply' because there is no rule of law. The best thing you can do is establish processes for who is likely to be taken away, and how to make sure they aren't disappeared forever."

Turkish Troops Said To Invade Iraq Near Mosul

Submitted by Tyler Durden on 12/04/2015 - 14:56 CNN Turkey, citing security forces officials, is reporting what appears to be yet another escalation in the middle east maelstrom as Turkish troops enter Iraq. So suddenly, just as the world is scrutinizing Turkey's role in the Islamic State oil trade, Ankara decides to send anti-ISIS troops across the border? Are they trying to secure the crude trade and guard the trafficking routes?

This Weekend's French Regional Elections Will Change The Face Of Europe For Ever

Submitted by Tyler Durden on 12/04/2015 - 14:55 French voters are about to head to the polls for the first time since last month’s terrorist attacks in Paris. This alone is enough to make the upcoming regional elections particularly significant. However, as in pretty much every recent French election, all eyes will be on the performance of Marine Le Pen’s Front National. According to the latest polls, the anti-immigrant party looks close to a breakthrough at the regional level... Front National has never governed a French region. It now looks on course to win two of them.

Weekly Wrap - 4th December 2015 - ECB President Draghi fails to satisfy the market's desire for an expanded QE monthly quota

Submitted by RANSquawk Video on 12/04/2015 - 14:35
As a consequence, on the back of the rate decision and press conference, EUR/USD soared after touching intra month lows in the build up and falling below the 1.0550 level to then break above 1.0900 and sustaining the strength through to the end of the week.

"People Are Afraid": Market Panics As Brazil's "Goldman Sachs" Scrambles To Raise Cash, Junk'd By Fitch

Submitted by Tyler Durden on 12/04/2015 - 14:31 "People are afraid. They don’t like to see the headlines and that is why they are withdrawing their money. It shows the panic that is going on from the investors’ perspective.”


filed under (unt

Senator Dianne Feinstein Tries To Sneak Gun Control Amendments In Obamacare Repeal Bill

from Spiro:

Senate Republicans on Thursday rejected an amendment to the ObamaCare repeal bill that would have tied it to a separate fight on blocking suspected or known terrorists from being able to buy guns.

San Bernardino Mass Shooter Had Islamic State Ties: "She Pledged Allegiance To The ISIS Leader"

The Craziest Chart You Will See Today

Un-rigged...

How To Detect Bullshit

Submitted by Tyler Durden on 12/04/2015 - 14:15 There is little question that bullshit is a real and consequential phenomenon (especially popular in the financial markets and central planning arena). Indeed, as the following scientific study finds, given the rise of communication technology and the associated increase in the availability of information from a variety of sources, both expert and otherwise, bullshit may be more pervasive than ever before. Despite these seemingly commonplace observations, we know of no psychological research on bullshit. Are people able to detect blatant bullshit? Who is most likely to fall prey to bullshit and why?

German Intelligence Warns: Saudi Arabia Has "Destabilizing Role" In The Middle East

Submitted by Tyler Durden on 12/04/2015 - 13:50 Saudi Arabia is at risk of becoming a major destabilizing influence in the Arab world, German intelligence has warned. Internal power struggles and the desire to emerge as the leading Arab power threaten to make the key Western ally a source of instability, according to the BND intelligence service. “The current cautious diplomatic stance of senior members of the Saudi royal family will be replaced by an impulsive intervention policy,” a BND memo widely distributed to the German press reads.

Market Soars After Draghi Corrects His "Error"

Submitted by Tyler Durden on 12/04/2015 - 13:33 Following yesterday's crash in the DAX, and historic surge in the Euro after an ECB announcement which many suggested was another central bank policy error, moments ago Mario Draghi did everything in his power to reverse said error, which in a speech in New York, he effectively doubled down on his "whatever it takes" posture, and said that not only is "QE there to stay", but could be "calibrated" if needed and the ECB can use "further tools" if needed. The result: a parabolic nove higher in the S&P which is now well higher than before yesterday's drop.

Keynes Is Dead (and We Are All "In The Long Run" Now)

Submitted by Tyler Durden on 12/04/2015 - 13:00 Keynes is dead – unfortunately his etatiste nonsense didn’t expire with him. Meanwhile, the long run is catching up with those who have so far failed to die.

Spreading E-Coli Infection Results In Another Chipotle Stock Puke

Submitted by Tyler Durden on 12/04/2015 - 12:03 After plunging to 17-month lows just 2 weeks ago on a CDC report that ecoli was more widespread than previously believed, Chipotle Mexican Grill is plunging once again on a new CDC report of seven more ill people and Illinois, Maryland, and Pennsylvania have been added to the list of states reporting illnesses, bringing the total to nine states.  

Since January The US Has Added 294,000 Waiters & Bartenders, And Zero Manufacturing Workers

Submitted by Tyler Durden on 12/04/2015 - 11:17 Here is one of the reasons why the Fed is confident the US economy is strong and resilient enough to sustain a rate hike: since January, the US has added 293,900 waiter & bartender positions and zero manufacturing workers.

Meanwhile On The "Apocalyptic" Northern Greek Border...

Submitted by Tyler Durden on 12/04/2015 - 10:52 In a somewhat depressing show of the farce that is Europe's immigration policy, local media reports "apocalyptic scenes" on the northern Greek border where "economic migrants" who are not entitled to leave Greece's provisional camps are fighting with 'refugees' who are entitled to leave, and head into other European nations. Petrol bombs and stones flew through the air, fists, kicks and wrestling on the ground as migrants hindered refugees from entering Macedonia (FYROM). People have injured, trampled and faint, among them many babies as some migrants tried to pass together with the refugees and were apparently hindered with stun grenades fired by the FYROM police.

Policy Error… Or On Purpose?

by Bill Holter, JS Mineset, via SGT Report.com:
Before getting to the real point of the title “Policy error or on purpose?”, it needs to be pointed out the entire financial system is a “policy error”. We live in a world where even the real economy is increasingly run via central planning. As for the financial side of the coin, central planning has taken on an Alice in Wonderland hue. Whether it be the suspension of mark to market, markets entirely managed and “priced” by force, debt by definition needing to expand or the central banks need for continual asset inflation …they all have ramifications. What I am alluding to is the law of unintended consequences in relation to bad policy.
Now, we hear day after day the Fed will raise rates by a quarter percent and are assured “this is a good thing”. Well yes, in normal times when a central bank raises interest rates it means the underlying economy is strong and inflation (monetary growth) needs to be cooled off. This is obviously not the case today and has not been for most of the last seven years. We have been inundated with “negative surprises” and an economy only limping along.
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OBAMA SPEWS MORE BS: “IT’S POSSIBLE THIS WAS WORKPLACE-RELATED”

from The Daily Sheeple:

In remarks delivered to journalists in the Oval Office today President Obama said that the San Bernardino terrorists had mixed motives for killing 14 people and injuring 17 others. He warned Americans not to draw any conclusions:
“At this stage, we do not yet know why this terrible event occurred.”
“We do know that the two individuals who were killed were equipped with weapons and appeared to have access to additional weaponry in their homes. But we don’t know why they did it.”
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Greek Crisis That Was “Solved” Earlier Is Now An Issue Again

from The News Doctors:
When the Greek government announced its “agreement” with the European “Troika” this summer, in some quarters it was viewed more as a stop-gap measure, delaying the ultimate day of reckoning. That day may be approaching sooner rather than later.
As his shaky coalition is losing members, the Greek Prime Minister Alex Tsipras is becoming more subject to pressure from individual MPs in the legislative branch as well as growing opposition to the even tougher austerity programs that will soon follow.  “The government’s dwindling majority makes Tsipras susceptible to pressure from individual MPs holding the PM to ransom,” a report from Teneo Intelligence reads. ”This is especially worrying given that some of the most unpopular reforms still have to be passed, including the tax and pension reforms and the setting-up of the new privatization fund.”
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Rise of the Renminbi, Death of the Dollar

from Outsider Club:

In lieu of China’s economic woes this year, it appears as though it’s still chugging right along, strategically expanding the economic powerhouse it has become over the past decade.
Now — as of this Monday — China’s currency is gaining global significance, giving the dollar a run for its money. Indeed, China’s renminbi (or the yuan) has been officially approved by the International Monetary Fund (I.M.F.) as a main world reserve currency, marking a huge milestone in China’s goal to internationalize its currency and further its nation’s global dominance.
Some worry that this is a sort of checkmate move by China. Now many countries believe China will, or already has, replaced the U.S. as the globe’s superpower.
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“On the Cusp of a New Era”: New “Editing” Tech Could Permanently Alter the Human Gene Pool Forever

from Truth Stream Media:

“We could be on the cusp of a new era in human history,” said Dr. David Baltimore of the California Institute of Technology as an opener to his talk at a recent conference in Washington on the field of genetic alteration.
Why? Because the process of gene “editing” and “tweaking” is not only getting easier and easier these days, but the technology is getting cheaper. All of it is moving at a faster pace than laws, rules, regulations, and ethics considerations can keep up with. We have already passed the moment where the lines between science fiction and science fact have blurred to the point that the definition of the word “reality” in the dictionary is going to need a complete overhaul.
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If Fed Raises Interest Rates by 0.25% it’s Like QE2 in Reverse Overnight!

from The Money GPS:

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