Submitted by Tyler Durden on 03/14/2016 - 10:54
In Germany, The Far-Right Promises To Chase Merkel "To Hell" After Stunning Victories
Submitted by Tyler Durden on 03/14/2016 - 10:31 “We have fundamental problems in Germany that led to this outcome. We are seeing above all in these elections that voters are turning away in large numbers from the big established parties and voting for our party. They expect us finally to be the opposition that there hasn’t been in the German parliament and some state parliaments."
Will Donald Trump End Up Like JFK?
Submitted by Tyler Durden on 03/14/2016 - 10:11 U.S. elections used to be simpler. They were battles between zombies and cronies. Traditionally, Democrats represent the zombies – the little guys who want more little payoffs and bribes. Republicans are supposed to represent the cronies – fewer in number but with more money – looking for tax breaks, contracts, subsidies, and ways to keep the zombies in their place... But politics is fluid. But while the cultural conservatives were at war with the cultural liberals... the Deep State grew. Today, it’s hard to tell the two parties apart.
Bloomberg Stumbles On The "Only One Buyer Keeping The Bull Market Alive"
Submitted by Tyler Durden on 03/14/2016 - 07:13 In a far less exuberant note than last week, Bloomberg's Lu Wang - author of the original article - writes that "while past deviations haven’t spelled doom for equities, the impact has rarely been as stark as in the last two months, when American shares lurched to the worst start to a year on record as companies stepped away from the market while reporting earnings. Those results raise another question about the sustainability of repurchases, as profits declined for a third straight quarter, the longest streak in six years."
"It's The Q2 2015 Rally All Over Again" - Morgan Stanley Warns Big Oil Drop Imminent Due To "Rampant Hedging"
Submitted by Tyler Durden on 03/14/2016 - 08:38 "The current setup is similar to 2Q15. Back in 2015, a rally in prices driven primarily by a USD pullback led to producer hedging and capped deferred prices at $65/bbl. This resulted in a flatter curve, but it also limited the rally in the front to $60 given the state of US inventories. The current rally mirrors this period in 2015 in many ways, only that producers are willing to hedge at much lower levels. As the USD and producer hedging reasserted themselves, that rally proved to be short lived."
S&P 500 Loses Key Technical Support In Early Trading
Submitted by Tyler Durden on 03/14/2016 - 08:37 2019.40 - that is the line in the sand for today - and for now, the S&P 500 cash index is trading back below this key technical support level...
How Lenders Control The Future Of Oilfield Services
Submitted by Tyler Durden on 03/14/2016 - 08:13 For the thousands of new entrants into the oilfield services (OFS) industry in the past 15 years - both workers and companies – if you didn’t know what senior secured lending covenants were a year ago, you sure do now. Many new borrowers are enduring a painful education on the legal implications of the lending documents they signed. There is said to be lots of capital on the sidelines looking for deals. OFS owners and managers up against a debt wall should consider finding some.
All Eyes On The Fed: Key Events In The Coming Central Bank-Dominated Week
Submitted by Tyler Durden on 03/14/2016 - 07:49 Last week it was all about the ECB, which disappointed on hopes of further rate cuts (leading to the Thursday selloff) but delivered on the delayed realization that the ECB is now greenlighting a tsunami in buybacks (leading to the Friday market surge). This week it is once again all about central banks, only this time instead of stimulus, the risk is to the downside, with the BOJ expected to do nothing at all after the January NIRP fiasco, while the "data dependent" Fed will - if anything - hint at further hawkishness now that the S&P is back over 2,000.
Egypt Devalues Pound In Bid To Ease Acute Dollar Shortage
Submitted by Tyler Durden on 03/14/2016 - 07:29 In a bid to counter a USD shortage that's choking off economic growth, Egypt has devalued the pound by 13%. The move is the latest in a flurry of efforts to increase dollar liquidty in the banking system and avert being effectively forced into taking an IMF loan.
Oil Plunges Back To Draghi Lows
Submitted by Tyler Durden on 03/14/2016 - 07:20 Just as we saw with the stock market following Draghi's December disappointment dead-cat-bounce, WTI Crude has collapsed back topost-Draghi lows, erasing all the WTF bounce from Friday. The driver - aside from the fact that there was no driver of the ramp - appears to be comments from Emirates Bank on the resilience of US shale (and the surprising lack of production drops for now).
"We're One Hawkish Fed Statement Away" From A "Sharp Re-Pricing," Deutsche Bank Warns
Submitted by Tyler Durden on 03/14/2016 - 06:48 Be careful, Deutsche Bank warns, in a reiteration of Goldman's call from Sunday: if the Fed leans hawkish causing the USD to jump and commodities to fall anew, equities won't like what they see and we could be headed back to the turmoil that kicked off the year - Draghi or no Draghi.
Chinese Insurance Company Which Bought Waldorf Astoria Submits "Hostel Bid" For Marriott Hotels
Submitted by Tyler Durden on 03/14/2016 - 06:41 The "hostel takeover" saga for Starwood Hotels took another unexpected turn this morning, when the company's stock price soared following news that the hotel chain had received an unsolicited $76/share non-binding proposal (8% premium to the Friday close) from an investor group led by China’s Anbang Insurance Group, in a deal that seeks to scuttle its planned combination with Marriott International. The proposed deal values Starwood, one of the world's largest hotel companies which includes such brands as Westin, Sheraton, The Luxury Collection, W Hotels, St. Regis, Le Meridien and many others, at $12.8 billion.
Central Bank Rally Fizzles: Equity Futures Lower As Attention Turns To "Hawkish Fed" Risk
Submitted by Tyler Durden on 03/14/2016 - 05:47 While Asia was up on China's bad data, and Europe was higher again this morning to catch up for the Friday afternoon US surge, US equity futures may have finally topped off and are now looking at this week's critical data, namely the BOJ's decision tomorrow (where Kuroda is expected to do nothing), and the Fed's decision on Wednesday where a far more "hawkish announcement" than currently priced in by the market, as Goldman warned last night, is likely, in what would put an end to the momentum and "weak balance sheet" rally.
from Washington’s Blog:
On Saturday, I provided <>a transcript of a remarkable allegation by a gifted private investigator who has a background not only as a crackerjack reporter about political dirty tricks in both Parties, but formerly as Richard Nixon’s top dirty-trickster himself, and who has recently turned against the Republican Party’s establishment and become a Trump supporter: he hates both Hillary Clinton and the Republican Establishment candidates, because he has become rabid against their shared hypocrisies, which know no Party (and that is certainly true). He said, alleging his inside sources (which he really does have, and which has made him so formidable in the past), that Hillary Clinton worked with George Soros and the son of Peter Lewis, and one unnamed member of Congress, to arrange for black supporters of Bernie Sanders in Chicago and elsewhere, to go violent at Trump rallies, so as to draw public contempt upon both Hillary’s current opponent, Sanders, and her general-election opponent Trump.
Read More
On Saturday, I provided <>a transcript of a remarkable allegation by a gifted private investigator who has a background not only as a crackerjack reporter about political dirty tricks in both Parties, but formerly as Richard Nixon’s top dirty-trickster himself, and who has recently turned against the Republican Party’s establishment and become a Trump supporter: he hates both Hillary Clinton and the Republican Establishment candidates, because he has become rabid against their shared hypocrisies, which know no Party (and that is certainly true). He said, alleging his inside sources (which he really does have, and which has made him so formidable in the past), that Hillary Clinton worked with George Soros and the son of Peter Lewis, and one unnamed member of Congress, to arrange for black supporters of Bernie Sanders in Chicago and elsewhere, to go violent at Trump rallies, so as to draw public contempt upon both Hillary’s current opponent, Sanders, and her general-election opponent Trump.
Read More
America is coming apart at the seams, and Trump rallies have become the latest flashpoint for the rising tide of civil unrest that is sweeping the nation. For years, I have been writing about the increasing levels of anger and frustration in this country, but now they are reaching a fever pitch. And rather than channeling all of our anger and frustration into solving our problems, we have allowed ourselves to become deeply divided and many Americans seem to be taking glee in fighting with one another. Instead of learning to hate one another, we should be learning how to love one another. Unfortunately, America has chosen another path, and 2016 is very rapidly starting to look very much like the chaotic political year of 1968. No matter how the rest of this election season plays out, it appears that we have entered a time of violence, chaos, civil unrest and greatly increased tension among Americans.
Read More
by Jim Willie, Silver Doctors:
The current monetary policy is stuck in place. It is highly destructive to banking systems, working capital, and financial markets. Yet it continues ad infinitum, actually until the great collapse. A systemic Lehman event is in progress, as the global financial structure is collapsing. The only remedy is the Gold Standard installation, which is happening, but its architects are from the East. They are labeled as enemies, when the root problem is in the Western banking hive.
The quickening has begun in earnest. The end game began in November with events picking up speed, remedy engaged in progressive steps, and geopolitical balance of power shifting in serious manner. The origin of the systemic failure can be found rather easily. Refer to just the last several years. Of course the seminal point was the creation of the Federal Reserve in 1913.
Read More
The current monetary policy is stuck in place. It is highly destructive to banking systems, working capital, and financial markets. Yet it continues ad infinitum, actually until the great collapse. A systemic Lehman event is in progress, as the global financial structure is collapsing. The only remedy is the Gold Standard installation, which is happening, but its architects are from the East. They are labeled as enemies, when the root problem is in the Western banking hive.
The quickening has begun in earnest. The end game began in November with events picking up speed, remedy engaged in progressive steps, and geopolitical balance of power shifting in serious manner. The origin of the systemic failure can be found rather easily. Refer to just the last several years. Of course the seminal point was the creation of the Federal Reserve in 1913.
Read More
by Jeff Nielson, Bullion Bulls:
There was some very disturbing language from China’s finance minister recently (assuming that the translation was accurate):
There was some very disturbing language from China’s finance minister recently (assuming that the translation was accurate):
Lou was commenting on the country’s labour laws, designed to protect workers’ pay and condidtions.
The finance minister told a press conference on the sidelines of the
National People’s Conference in Beijing that the legislation was drafted
with the best of intentions, but it had caused damage to the world’s
second-largest economy.
Read More
Read More
by Daniel Lansberg-Rodriguez, Foreign Policy:
For her 13th birthday, my wife Marianella was given a child’s Swiss
Army watch with a glow-in-the-dark dial. This portable treasure would
soon become one of her only possessions. Seven weeks later, she was
evacuated from her rooftop by helicopter as her hometown, Los Corales,
and most of her friends and neighbors, were swept into the Caribbean
Sea. An estimated 30,000 souls lost their lives to the torrential rains,
mudslides and flooding that befell Venezuela’s Vargas state in December
1999, although we will never know precisely how many.
We’ll likewise never know how many of the lost might have been saved had the country’s newly elected president, Hugo Chávez, not spurned offers of U.S. assistance on ideological grounds. In so doing, he turned back hundreds of American military engineers along with their equipment — the most advanced naval and logistical support on the planet. For all Chávez’s many faults, this may have been his most unforgivable crime.For all Chávez’s many faults, this may have been his most unforgivable crime.
Read More
For her 13th birthday, my wife Marianella was given a child’s Swiss
Army watch with a glow-in-the-dark dial. This portable treasure would
soon become one of her only possessions. Seven weeks later, she was
evacuated from her rooftop by helicopter as her hometown, Los Corales,
and most of her friends and neighbors, were swept into the Caribbean
Sea. An estimated 30,000 souls lost their lives to the torrential rains,
mudslides and flooding that befell Venezuela’s Vargas state in December
1999, although we will never know precisely how many.We’ll likewise never know how many of the lost might have been saved had the country’s newly elected president, Hugo Chávez, not spurned offers of U.S. assistance on ideological grounds. In so doing, he turned back hundreds of American military engineers along with their equipment — the most advanced naval and logistical support on the planet. For all Chávez’s many faults, this may have been his most unforgivable crime.For all Chávez’s many faults, this may have been his most unforgivable crime.
Read More
from Hang The Bankers:
A US judge ordered Iran to pay over $10 billion in damages to families
of victims who died on September 11, 2001 – even though there is no
evidence of Tehran’s direct connection to the attack.
The same judge earlier cleared Saudi Arabia from culpability.
The default judgement was issued by US District Judge George Daniels in New York on Wednesday. Under the ruling, Tehran was ordered to pay $7.5 billion to 9/11 victims’ families, including $2 million to each victim’s estate for pain and suffering, and another $6.88 million in punitive damages. Insurers who paid for property damage and claimed their businesses were interrupted were awarded an additional $3 billion in the ruling.
Read More
A US judge ordered Iran to pay over $10 billion in damages to families
of victims who died on September 11, 2001 – even though there is no
evidence of Tehran’s direct connection to the attack.The same judge earlier cleared Saudi Arabia from culpability.
The default judgement was issued by US District Judge George Daniels in New York on Wednesday. Under the ruling, Tehran was ordered to pay $7.5 billion to 9/11 victims’ families, including $2 million to each victim’s estate for pain and suffering, and another $6.88 million in punitive damages. Insurers who paid for property damage and claimed their businesses were interrupted were awarded an additional $3 billion in the ruling.
Read More
by Michael Snyder, The Sleuth Journal:
The Italian banking system is a “leaning tower” that truly could
completely collapse at literally any moment. And as Italy’s banks begin
to go down like dominoes, it is going to set off financial panic all
over Europe unlike anything we have ever seen before. I wrote about the
troubles in Italy back in January, but since that time the crisis has
escalated. At this point, Italian banking stocks have declined a
whopping 28 percent since the beginning of 2016, and when you look at
some of the biggest Italian banks the numbers become even more
frightening. On Monday, shares of Monte dei Paschi were down 4.7
percent, and they have now plummeted 56 percent since the start of the
year. Shares of Carige were down 8 percent, and they have now plunged a
total of 58 percent since the start of the year. This is what a
financial crisis looks like, and just like we are seeing in South
America, the problems in Italy appear to be significantly accelerating.
Read More
The Italian banking system is a “leaning tower” that truly could
completely collapse at literally any moment. And as Italy’s banks begin
to go down like dominoes, it is going to set off financial panic all
over Europe unlike anything we have ever seen before. I wrote about the
troubles in Italy back in January, but since that time the crisis has
escalated. At this point, Italian banking stocks have declined a
whopping 28 percent since the beginning of 2016, and when you look at
some of the biggest Italian banks the numbers become even more
frightening. On Monday, shares of Monte dei Paschi were down 4.7
percent, and they have now plummeted 56 percent since the start of the
year. Shares of Carige were down 8 percent, and they have now plunged a
total of 58 percent since the start of the year. This is what a
financial crisis looks like, and just like we are seeing in South
America, the problems in Italy appear to be significantly accelerating.Read More
by Patrick J. Buchanan, Lew Rockwell:
Over the long weekend before the Mississippi and Michigan primaries, the sky above Sea Island was black with corporate jets.
Apple’s Tim Cook, Google’s Larry Page and Eric Schmidt, Napster’s Sean Parker, Tesla Motors’ Elon Musk, and other members of the super-rich were jetting into the exclusive Georgia resort, ostensibly to participate in the annual World Forum of the American Enterprise Institute.
Among the advertised topics of discussion: “Millennials: How Much Do They Matter and What Do They Want?”
Read More
Over the long weekend before the Mississippi and Michigan primaries, the sky above Sea Island was black with corporate jets.Apple’s Tim Cook, Google’s Larry Page and Eric Schmidt, Napster’s Sean Parker, Tesla Motors’ Elon Musk, and other members of the super-rich were jetting into the exclusive Georgia resort, ostensibly to participate in the annual World Forum of the American Enterprise Institute.
Among the advertised topics of discussion: “Millennials: How Much Do They Matter and What Do They Want?”
Read More
by Ulson Gunnar, Activist Post:
When globe-trotting journalist and keen geopolitical analyst Pepe
Escobar refers to the United States as the “Empire of Chaos,” it may
seem like hyperbole. But upon looking deeper at both Escobar’s coverage
and the United States’ foreign policy itself, it is perhaps the most
accurate title for this political entity and its means of operation,
perhaps more apt than the name “The United States” itself.
In the wake of World War II, the US and its allies set out upon the reclamation of the West’s lost colonies, many of which took advantage of Europe’s infighting to either establish independence from their long-standing colonial masters, or begin the conflicts that would inevitably lead toward independence.
Read More
When globe-trotting journalist and keen geopolitical analyst Pepe
Escobar refers to the United States as the “Empire of Chaos,” it may
seem like hyperbole. But upon looking deeper at both Escobar’s coverage
and the United States’ foreign policy itself, it is perhaps the most
accurate title for this political entity and its means of operation,
perhaps more apt than the name “The United States” itself.In the wake of World War II, the US and its allies set out upon the reclamation of the West’s lost colonies, many of which took advantage of Europe’s infighting to either establish independence from their long-standing colonial masters, or begin the conflicts that would inevitably lead toward independence.
Read More
Exposure to electromagnetic frequency radiation has been shown by medical studies and the Navy to cause numerous health problems, including corneal damage, tubular degeneration of testicles, brain heating, sterility, altered penile function, death, cranial nerve disorders, seizures, convulsions, depression, insomnia, chest pain, and sparking between dental fillings. And that list is far from complete.
That being said, electromagnetic warfare testing and training has been covertly conducted by the U.S. Navy on public roads in Washington State — for over five years.
Read More
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_svJCGI6uN51WNNtvQZ-jibhr4ZLPCKTeH7ByNIovhTux-otFxqwVhtP2kP9Do7k7Y1mXtV8-Ho5WsAASptudNmde4HIXXf86LqnIXlZqb0-bSU76-BloN0eHl2K9oWi6fcDQ=s0-d)
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_sG46VWcotQlU36Kyh-kPFZiexvAisnZXhcdZJdDV7JgNqugRMHQ2lK1pMsuKdbK1pQhkPeDix9eNf-XJ38oIMAwSOqDWQklOXyTy5RmvyH1HureflK0u71PCzczaRall6E8qbr=s0-d)
No comments:
Post a Comment