The Boots Are Back On The Ground: US Officially Deploys Special Forces To Iraq...

 “These special operators will over time be able to conduct raids, free hostages, gather intelligence, and capture ISIL leaders."

Ironic Headline Of The Day: Billionaire Buffett To Stump For Hillary's "Everyday Americans" Campaign

Warren Buffett - billionaire investor, opposer of Citizens United but major donor to super-PACs, previous fan of Bernie Sanders, and vehement supporter of the 'fairness doctrine' on taxes for everyone but himself - will be joining 'campaigner for everyday Americans' Hillary Clinton as she stumps in Omaha this month. We are sure average joes and janes across America will feel relieved that two such 'feet on the ground, down to earth' people are representing their needs and hearing their fears.

Operation Gladio Reborn: The Paris Attacks Have Unleashed A New Wave Of Emergency Laws

"... Gladio, amongst others, is just a perfect example of how governments used oppression against their own citizens to shape the mindset of the public to unify them towards a common goal and objective, which in our case is: counter-terrorism. The problem, however, is that by giving this support, the public indirectly relinquishes many freedoms and liberties."

Brazil Releases Shocking GDP "Obituary": "It's Mutated Into An Outright Depression," Goldman Exclaims

"At first read, the report recalls an obituary. There is no room for any growth in the coming quarters. The situation is really, really bad."

Can We Blame Hedge Funds For Low Oil Prices?

When oil prices were spiking in 2008 and some commentators were predicting prices of $200 a barrel, many pundits and politicians turned to blame speculators and hedge funds for pushing prices upwards. That period of high prices passed and speculators avoided any tough new regulations in part due to mix empirical evidence surrounding the causes of price volatility. Now though, the opposite case is being made; hedge funds shorting oil may be behind recent volatility and the current low price of oil.

Caught On Tape: Russian Navy Ship Runs Into Turkish Sub In Dardanelles

"A tense moment occurred when the 133-meter ship, the Yauda, arrived at the Dardanelles from the Aegean Sea at around 10 a.m. on Nov. 30. and encountered a Turkish submarine across the shores of Canakkale's Eceabat."

Rahm Emanuel Fires Chicago Police Chief

Chicago Mayor Rahm Emanuel announced the resignation of Police Superintendent Garry McCarthy, amid growing furor over the administration’s handling of the shooting death of a black teenager by a white officer last year. “Now is the time for fresh ideas and new leadership” the mayor said.

Atlanta Fed Slashes Q4 GDP Forecast From 2.3% To Just 1.4% In Under One Week

Moments ago the GDPNow website announced that the latest model forecast for real GDP growth in the fourth quarter of 2015 has now tumbled to a paltry 1.4 percent on December 1, down from 1.8 percent on November 25. "The decline occurred this morning after the Manufacturing ISM Report On Business from the Institute of Supply Management and the construction spending release from the U.S. Census Bureau."

The US Stock Market – An Accident Waiting To Happen

Submitted by Tyler Durden on 12/01/2015 - 11:51 Long term risk has increased quite a bit, no matter which data points one happens to consider. Whether one looks at valuations, market internals, leverage or positioning, there are now more warning signs than ever. With the support provided by strong money supply growth declining as well, it becomes ever more likely that these potential dangers will actually materialize. It is an accident waiting to happen.

The Coming Great Recession, Brought To You By The Healthcare Cartel

Submitted by Tyler Durden on 12/01/2015 - 11:46 So what happens when an insatiable state-mandated cartel attaches itself to households with declining real incomes?

Treasury Bond Yields Are Collapsing As Dec Rate Hike-Odds Slide

Submitted by Tyler Durden on 12/01/2015 - 11:36 With December rate-hike odds sliding the most since the last FOMC meeting (down from 75% to 70%), following abysmal data this morning, it appears investors are reaching for the safety of Treasuries as either a fed policy error is about to be unleashed and/or growth is signficantly weaker than all the talking heads proclaim. With traders the most net short in years, this rapid plunge in yields could quickly accelerate.

CEO Economic Confidence Implodes, Drops To Lowest In Three Years

Submitted by Tyler Durden on 12/01/2015 - 11:21 What rate hike? Following a relentless barrage of recessionary industrial and manufacturing data, moments ago the Business Roundtable released its latest, fourth quarter 2015 CEO Economic Outlook Survey, and it is an absolute disaster.

Roadside Bomb Explosion At Istanbul Train Station Kills 1, Injures 6 - Live Feed

Submitted by Tyler Durden on 12/01/2015 - 11:00 Update: MAYOR OF ISTANBUL'S BAYRAMPASA DISTRICT SAYS EXPLOSION NEAR  METRO STATION CAUSED BY BOMB, FIVE INJURED: RTRS
One person has been killed and at least six more injured as Turkey's Haberturk TV reports an explosion occurred at an Istanbul Metro station. The trains have been halted, passengers evacuated, and ambulances are on their way. While the cause is unknown (some are suggesting it was a power transformer), sounds of the explosion were heard across several districts of Istanbul according to local press, and residents of the city remain on high alert following Erdogan's actions last week.

"Time To Hike Rates?" The Last 2 Times ISM Manufacturing Was Here, The Fed Unleashed QE1 & QE3

Submitted by Tyler Durden on 12/01/2015 - 10:09 While it is hoped that the economy can continue to expand on the back of the "service" sector alone, history suggests that "manufacturing" continues to play a much more important dynamic that it is given credit for... and that is a major problem as ISM Manufacturing just fell below 50 for the first time since Nov 2012, crashing to 48.6 - the weakest since June 2009. Across the components, new orders collapsed (worst since Aug 2012), and prices paid crashed. Seems like a perfect time to raise rates!!

Majority Of World Economy Weakening As US Manufacturing PMI Tumbles To 2 Year Lows

Submitted by Tyler Durden on 12/01/2015 - 09:53 Following China's surging and tumbling Manufacturing PMIs, and mixed data in Europe, US Manufacturing PMI's fell in November to 52.8 from October's hope-strewn bounce above 54. This is the weakest PMI print since October 2013 (as ISM Manufacturing tumbled to its lowest since Dec 2012). 30 regions have reported PMIs so far with half (15) seeing weakness (and just 13 seeing improvements) as new orders plunge to lowest since Oct 2013.

The Perfect Economic Storm Is Here — Mike Maloney

from Mike Maloney:

Never before in history have all the governments of the world laid down the foundation for the perfect economic storm. And in this just-released presentation from Mike Maloney, you’ll discover why we can not avoid it. It was recorded LIVE at the 2015 Silver Summit. And it’s loaded with new research that proves a financial crisis of epic proportions is headed straight toward us. As you would expect from Mike, it’s all laid out in eye-opening charts everyone can understand.

World War III Draws Closer As Russia Accuses Turkey Of Being ‘Secret Allies’ With ISIS

by Michael Snyder, The Economic Collapse Blog:

Are Russia and Turkey on the verge of going to war?  In remarks that were almost entirely ignored by the western media, Russian Foreign Minister Sergey Lavrov accused the Turkish government of being “secret allies” with ISIS on Friday.  And on Monday, the Russians announced that they would be attempting to seal the border between Syria and Turkey, and we also learned that the Russians have been rushing heavy artillery units into Syria.  As tensions between Russia and Turkey continue to escalate, could we be in danger of seeing World War III erupt in the Middle East?
The Russians have clearly become convinced that Turkey is at the core of the problems in Syria, and that is why the Russians now plan to completely seal Syria’s border with Turkey.  Lavrov seems to think that this will represent a giant step toward defeating terror groups such as ISIS…
Read More…

“We’ve Seen this Before” – in 1999, then Stocks Crashed

from Wolf Street:

The fourth quarter is normally a very strong quarter, and December exceptionaly strong in the global markets, says Christine Hughes, Chief Investment Strategist at OtterWood Capital. This quarter too, global markets are in the green after a powerful rally in October.
But for the year, the S&P 500 has been stagnating. Wthout the top 10 mega-cap stocks (which are up 14%), the index is actually down 6%. This spread between the top ten names and the rest of the index now amounts to 20%.
“We’ve seen this before,” Hughes says. Last time a spread of this magnitude occurred was in 1999. At that time, the rest of the market was strong.
Read More

24.41 TONNES OF GOLD STANDING FOR DELIVERY AGAINST ONLY 4.189 REGISTERED OR DEALER GOLD

by Harvey Organ, HarveyOrganblog:
Good evening Ladies and Gentlemen:
Gold:  $1065.89  up $9.60   (comex closing time)
Silver $14.05 up 4 cents

In the access market 5:15 pm
Gold $1058.50
Silver:  $14.08

At the gold comex today,  we had an extremely surprisingly low delivery day, registering 2 notices for 20 ounces.  Silver saw 2746 notices for 13,730,000 oz.

Read More

Global Alert Declared by World Health Organization as Resistance Frightens Scientists!

from The Money GPS:

China’s Renminbi Is Approved by I.M.F. as a Main World Currency

[Ed. Note: The current financial paradigm is rapidly coming to an end, the Dollar is no longer the world’s reserve currency. And most Americans have no idea.]
by Keith Bradsher, NY Times:
HONG KONG — The Chinese renminbi was anointed as one of the world’s elite currencies on Monday, a milestone decision by the International Monetary Fundthat underscores the country’s rising financial and economic heft.

The move will help pave the way for broader use of the renminbi in trade and finance, securing China’s standing as a global economic power. Just four other currencies — the dollar, the euro, the pound and the yen — have the I.M.F.designation.

Read More…

US Stock Market – An Accident Waiting to Happen

by Pater Tenebrarum, Acting-Man.com:

Monetary Inflation Becomes Less Supportive of Asset Prices
We have recently discussed the sorry state of the junk bond market, as well as the noteworthy decline in the annual growth rate of US money supply aggregates. The latter has finally manifested itself not only in terms of narrow monetary aggregates like M1 (see chart) and AMS (“Austrian money supply”, a.k.a. TMS-1, the narrow true money supply), but also in the broader true money supply aggregate TMS-2.
As a reminder, here is the most recent chart of the year-on-year growth rate of TMS-2 :
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Gold Daily and Silver Weekly Charts – The Unsustainable Power of Cheap Money and Omnivorous Greed

from Jesse’s Café Américain:
“Cæsar was swimming in blood. Rome and the whole pagan world was mad. But those who had had enough of transgression and madness, those who were trampled upon, those whose lives were misery and oppression, all the weighed down, all the sad, all the unfortunate, came to hear the wonderful tidings of God, who out of love for men had given Himself to be crucified and redeem their sins.
When they found a God whom they could love, they had found that which the society of the time could not give any one,—happiness and love. And Peter understood that neither Cæsar nor all his legions could overcome the living truth, —that they could not overwhelm it with tears or blood, and that now its victory was beginning.
He understood with equal force why the Lord had turned him back on the road. That city of pride, crime, wickedness, and power was beginning to be His city.”
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Highest-Ranking US Intelligence Officer Openly Admits ISIS Wouldn’t Exist if Not for ‘Dumb’ US War

by Brandon Turbeville, Activist Post:

General Michael Flynn, 56, America’s highest ranking military intelligence officer as the director of the Defense Intelligence Agency, has just dropped a bombshell.
Flynn served as the director of the Defense Intelligence Agency, commander of the Joint Functional Component Command for Intelligence, Surveillance and Reconnaissance, and chair of the Military Intelligence Board from July 24, 2012, to August 2, 2014. Prior to this, he served as assistant director of national intelligence within the Obama Administration.
Since his days within the US government ended in 2014, Flynn has begun to speak out about the murderous and unjust Iraq war and how it has led to the rise of ISIS.
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