Submitted by Tyler Durden on 03/21/2016 - 20:12
If anything, this ad could lead to a surprising last minute surge for Trump. And yes, if the democrats (and non-Trump republicans) want to desperately lose the national election, they should certainly show more naked photos of Melania Trump on social networks and/or TV.
ONLINE VOTING IN UTAH TO BE RUN BY GEORGE SOROS BOARD MEMBER FIRM SMARTMATIC GROUP
by Geoffrey Grider, Now The End Begins:
SMARTMATIC GROUP, AN ELECTRONIC VOTING FIRM WHOSE WORLDWIDE
HEADQUARTERS IS LOCATED IN THE UNITED KINGDOM, WILL BE RUNNING THE
ONLINE BALLOTING PROCESS IN THE UTAH REPUBLICAN OPEN CAUCUSES ON
TUESDAY.EDITOR’S NOTE: Should you be the least bit concerned by the fact that one of the world’s largest automated voting systems is run by a company owned by a man who sits as a board member for George Soros’s Open Society Foundation? Should you further be concerned that Utah will be using Smartmatic Group voting machines on Tuesday? You bet’cha!
The chairman of Smartmatic’s board, Lord Mark Malloch-Brown, currently serves on the board of George Soros’s Open Society Foundation and has close ties to the billionaire.
Read More
Soon After We Sounded The Alarm, Canada's Regulator Warns Local Banks Are Underreserved To Energy Losses
Submitted by Tyler Durden on 03/21/2016 - 21:56 Two months after we first suggested that Canadian lenders are woefully underreserved to future oil and gas loan losses, we are happy to announce that Canada's regulator has heard our warning, and as the WSJ reported, "Canada’s banking regulator is urging the country’s major banks to review their accounting practices to ensure they have sufficient reserves as the commodity-price collapse takes a toll on the economy."
Turkey Is Now Paying The Price For "Creating ISIS Monster It Can No Longer Control"
Submitted by Tyler Durden on 03/21/2016 - 21:30 "...you cannot expect to train a monster like this in Turkey and expect to use it against your enemies alone. One should expect that ISIS would turn against the regime in Ankara and in Turkey at some point. When Turkey was buying the oil from ISIL, it knew very well that was a way... to finance ISIL. So Turkey now is paying the price of playing with a devil and creating a monster that it cannot control anymore."
Mystery Billionaire Members Of "Stop Trump" Campaign Revealed
Submitted by Tyler Durden on 03/21/2016 - 14:22 Earlier this month in “GOP Leaders, Tech Execs Plot Against Trump At Secret NeoCon Island Meeting,” we discussed the American Enterprise Institute’s annual World Forum, a secretive event held on Sea Island, Georgia. At this year’s gathering the main topic, according to Huff Post, was “how to stop Trump.” Thanks to FEC filings out Sunday we discover still more evidence that conspiracies to stop The Donald are proliferating.
FBI "Increasingly Certain" Hillary Broke The Law, Stone-Walled By White House
Submitted by Tyler Durden on 03/21/2016 - 21:05 "...agents have been spreading the word, largely through associates in the private sector, that their boss is getting stonewalled, despite uncovering compelling evidence Clinton broke the law."
This Critical Consumer Is Buying Gold For The First Time In Three Weeks
Submitted by Tyler Durden on 03/21/2016 - 20:37 Major news in the gold market over the weekend. With the world’s largest gold-consuming nation reaching an agreement to resume metal sales for the first time in nearly three weeks. That’s in India. A critical gold consumer globally, where buying had been idled since the beginning of March by a nation-wide strike by the jewelry sector. But that strike is now officially over. With the president of India Bullion and Jewelers Association, Mohit Kamboj, announcing late Saturday that jewellers have reached an agreement with the government to return to work.
Misplaced Confidence In The ECB - Lessons From John Law's Mississippi Bubble
Submitted by Tyler Durden on 03/21/2016 - 19:50
Everyone in the Eurozone believes that the ECB is all-powerful, because to believe otherwise is unthinkable. This
was also true of Banque Royale, until it faltered. It was not a loss
of confidence in the bank that was responsible for the collapse, it
happened as a result of the difficulties encountered in sustaining the
bubble. The lesson is that it need not take a loss of confidence in the ECB to start its destruction.
Will The American People Succeed In Clawing-Back Their Democracy?
Submitted by Tyler Durden on 03/21/2016 - 22:20 In 1994 Christopher Lasch wrote in The Revolt of the Elites: “In our time, the chief threat seems to come from those at the top of the social hierarchy.” As Lasch said, the greed of the elites for money and power have undermined the constitutional basis of the United States. The elites have used their power to betray democracy. Will the American people succeed in clawing back their democracy?Domino's Unleashes Pizza-Delivery-Robot As 2 Out Of 3 Americans Expect Jobs To Be Automated
Submitted by Tyler Durden on 03/21/2016 - 19:25
FBI Cancels Encryption Showdown With Apple After "3rd Party" Showed Them How To Unlock iPhone
Submitted by Tyler Durden on 03/21/2016 - 19:18 Following a mysterious "third party"'s willingness to show The FBI how to unlock San Bernardino killer Farook's iPhone, court records indicate that the US government wishes to cancel tomorrow's showdown with Apple, filing a motion to vacate the hearing.
Blindly Dancing At A Top: A Statistical Look At The Rally
Submitted by Tyler Durden on 03/21/2016 - 18:58 In our debilitated high-risk regime, there is now only modest upward runway for the markets to run (and wilder choppiness regardless which sometimes may assuredly question your judgment). But eventually the music stops and the drunkards get bruised stumbling for the exits.
IMF Politely Asks China To Explain Exactly How Large Its FX Forwards Book Is
Submitted by Tyler Durden on 03/21/2016 - 18:35 In the wake of the August 11 "surprise" yuan devaluation, all anyone wanted to talk about was the rapidity with which China was liquidating its FX reserves. Before long, everyone realized that the headline number was a proxy for capital flight out of China. That made Beijing uncomfortable and so, the PBoC found more "creative" ways to intervene in FX markets. Now, the IMF wants clarity.
Clinton Emails Reveal Google’s Role In Attempting To Oust Syria's Assad
Submitted by Tyler Durden on 03/21/2016 - 18:10 It’s been observed for quite some time that Google isn’t just a private corporate behemoth, but that its executives are often times more intricately involved in U.S. foreign policy than most people would find appropriate. It’d be one thing if this support was for a sane and humanitarian foreign policy, but we all know it’s precisely the opposite. In fact, certain Google executives have demonstrated a particular interest in overthrowing governments throughout the Middle East, which has achieved nothing but sow chaos and result in the creation of powerful new terrorists groups such as ISIS."Let's Be Honest, Trump Is A Loser!": Elizabeth Warren Loses It, Goes Ballistic On The Donald
Submitted by Tyler Durden on 03/21/2016 - 18:20
Dear China...Read www.Zerohedge.com Daily...
A Desperate China Begged Fed For "Plunge Protection Playbook" As Its Market Crashed
“Your urgent assistance is greatly appreciated! My Governor would like to draw from your good experience."
Connecticut Credit Risk Spikes To Record High
Submitted by Tyler Durden on 03/21/2016 - 17:45 Amid cuts in aid and surging taxes, it appears the market remains less than impressed at Connecticut's debt sustainability. Following last week's disappointing bond auction, CT bond risk has spiked to 65bps over the benchmark - a record spread demanded by investors to take CT repayment risk. CT becomes the 4th riskiest US state after NJ, IL, and PA. Is it any wonder more people than ever are looking to leave the increasing tax burden of this troubled state.
Toward A Grand New Bargain: How Donald Trump Can Clear The Field And Realign American Politics
Submitted by Tyler Durden on 03/21/2016 - 17:20 It’s actually pretty easy. At an apt moment very soon, Trump should offer Governor Kasich the VP slot and Senator Cruz the vacant Supreme Court seat. Such a grand bargain would not only clear the primary field and quash any backroom hijacking of the nomination by the Washington GOP establishment; it would also permit each man to play his highest and best role at this great inflection point in the nation’s history.
It's Not Over Yet - Moody's Put Deutsche Bank On Review For Downgrades
Submitted by Tyler Durden on 03/21/2016 - 17:10 In a worryingly coincidentally timed move, Moody's has put Desutche Bank on review for downgrade, citing "execution challenges" in its new strategic plan. The worrying aspect comes from the fact the timing is entirely fitting with the ratings downgrade that started the last and most painful down-leg in Lehman's collapse...
from Wolf Street:
Falling electricity demand and the energy glut!
The Fukushima meltdown, the consequences it produced in Japan, the contamination it’s spreading around, the expenses of trying to contain it… none of these issues turned Americans against nuclear power. But now, cheap energy and declining demand for electricity have accomplished that.
In 2011, “a few days before” Fukushima melted down, when Gallupconducted its annual Environment poll, 38% of Americans were against nuclear energy, and 57% were in favor of it. A year later, with the Fukushima disaster in the news on a daily basis? Against nuclear power: 40%; in favor: 57% – unchanged from before the fiasco.
Read More
Falling electricity demand and the energy glut!
The Fukushima meltdown, the consequences it produced in Japan, the contamination it’s spreading around, the expenses of trying to contain it… none of these issues turned Americans against nuclear power. But now, cheap energy and declining demand for electricity have accomplished that.
In 2011, “a few days before” Fukushima melted down, when Gallupconducted its annual Environment poll, 38% of Americans were against nuclear energy, and 57% were in favor of it. A year later, with the Fukushima disaster in the news on a daily basis? Against nuclear power: 40%; in favor: 57% – unchanged from before the fiasco.
Read More
by Jordan Roy-Byrne, The Daily Gold:
Gold and gold stocks have refused to correct for more than a few days at a time. Weakness is being bought and quickly. Gold has gained over $200/oz but not corrected by more than 6%. The miners (GDX) have endured three roughly 10% corrections in the past six weeks but nothing greater. A few weeks ago we noted a comparison to the 2008 rally which hinted that miners could correct 20% before moving higher. So far, no dice. Many gold bulls continue to expect a correction while losing sight of the bigger picture: precious metals are in a new bull market.
Many have expected a correction due to the CoT, which shows a net speculative position of 37.6% of open interest. While this figure appears high, we should note that from 2001 through 2012 the net speculative position often peaked from 50% to 60%.
Read More
Gold and gold stocks have refused to correct for more than a few days at a time. Weakness is being bought and quickly. Gold has gained over $200/oz but not corrected by more than 6%. The miners (GDX) have endured three roughly 10% corrections in the past six weeks but nothing greater. A few weeks ago we noted a comparison to the 2008 rally which hinted that miners could correct 20% before moving higher. So far, no dice. Many gold bulls continue to expect a correction while losing sight of the bigger picture: precious metals are in a new bull market.
Many have expected a correction due to the CoT, which shows a net speculative position of 37.6% of open interest. While this figure appears high, we should note that from 2001 through 2012 the net speculative position often peaked from 50% to 60%.
Read More
by Clive Maund, GoldSeek:
All the technical evidence suggests that gold is building out an intermediate top area here, which fits with the fundamental situation where complacency and “risk on” are making a comeback, thanks to the boundless generosity of Central Bankers.
Starting with gold’s 6-month chart we see that after its parabolic ramp up in January and early February, it has been struggling to make further progress. The supposed (by some) bull Flag or Pennant turned out to be false and although it has edged ahead a little, the passage of time has resulted in its breaking down from the parabola simply by moving sideways, which has, unknown to many, opened up the risk of a potentially severe drop.
Read More
All the technical evidence suggests that gold is building out an intermediate top area here, which fits with the fundamental situation where complacency and “risk on” are making a comeback, thanks to the boundless generosity of Central Bankers.
Starting with gold’s 6-month chart we see that after its parabolic ramp up in January and early February, it has been struggling to make further progress. The supposed (by some) bull Flag or Pennant turned out to be false and although it has edged ahead a little, the passage of time has resulted in its breaking down from the parabola simply by moving sideways, which has, unknown to many, opened up the risk of a potentially severe drop.
Read More
by Andy Hoffman, Miles Franklin:
Gold’s “battle for $1,250” continues – just like the “battle for
$1,200” before it; at which, the Cartel held the line on the $1,200/oz
“line in the sand” for two weeks in mid-February, before it finally
turned from (heavily naked shorted) resistance, to (heavily physical buying supported) support.
To that end, it is now two weeks since $1,250 was first breached to the
upside; after which, it has been “tested” nearly every day since – including the
very days of the ECB’s “unexpected” QE explosion and the Fed’s equally
“unexpected” dovishness. This morning, they’re at it again, in yet
another last gasp attempt to avert “Economic Mother Nature’s” rapidly
advancing, stronger than ever armies. To wit, on a night in which not a
single market materially budged – from stocks, to bonds, base metals,
the dollar, or even…silver – the Cartel executed their 136th“Sunday Night Sentiment” raid of the last 143 weekends; 614th“2:15 AM” attack of the past 709 trading days; and zillionth raid at the New York COMEX open.
Read More
Gold’s “battle for $1,250” continues – just like the “battle for
$1,200” before it; at which, the Cartel held the line on the $1,200/oz
“line in the sand” for two weeks in mid-February, before it finally
turned from (heavily naked shorted) resistance, to (heavily physical buying supported) support.
To that end, it is now two weeks since $1,250 was first breached to the
upside; after which, it has been “tested” nearly every day since – including the
very days of the ECB’s “unexpected” QE explosion and the Fed’s equally
“unexpected” dovishness. This morning, they’re at it again, in yet
another last gasp attempt to avert “Economic Mother Nature’s” rapidly
advancing, stronger than ever armies. To wit, on a night in which not a
single market materially budged – from stocks, to bonds, base metals,
the dollar, or even…silver – the Cartel executed their 136th“Sunday Night Sentiment” raid of the last 143 weekends; 614th“2:15 AM” attack of the past 709 trading days; and zillionth raid at the New York COMEX open.Read More
from Eric Peters Autos:
If Trump is nominated, there will be riots – the Perpetually (and professionally) Aggrieved will take to the streets.
If Trump is denied the nomination, there will be riots – as the people come face to face with the true nature of the system they were taught to respect since childhood.
Not since 1861 has America been so clearly divided. These divisions transcend mere political differences of opinion over this or that policy. There is a fundamental schism. Irreconcilable differences. The two sides detest each other, have almost nothing in common. And so can no longer live together.
Read More
If Trump is nominated, there will be riots – the Perpetually (and professionally) Aggrieved will take to the streets.If Trump is denied the nomination, there will be riots – as the people come face to face with the true nature of the system they were taught to respect since childhood.
Not since 1861 has America been so clearly divided. These divisions transcend mere political differences of opinion over this or that policy. There is a fundamental schism. Irreconcilable differences. The two sides detest each other, have almost nothing in common. And so can no longer live together.
Read More
from Zero Hedge:
Over the course of documenting the ECB’s push to phase out
the €500 note, we stumbled upon something rather interesting that’s
taking place at Greek banks.
Courtesy of a reader, we learned that Piraeus Bank (among
others) has begun charging a fee to exchange large denomination bills
for small. The charge is listed as 0.15% by the bank and Kathimerini
would later report that across the Greek banking sector “exchanging one
500-euro note for smaller bills, [will cost you] 3-5 euros (depending on
the bank), while the maximum charge comes to 200-250 euros regardless
of the amount a customer wishes to exchange.”
This is amusing for two reasons: 1) the ECB effectively gets to charge for the privilege for banning large bills
and 2) it means that if you are Greek and you were effectively forced
to take your money out of the bank because after last summer you feared a
depositor bail-in might be right around the corner, you now have the
distinct pleasure of having to pay a fee to exchange your large bills
for smaller ones at the very same banks where you withdrew the money in
the first place.
Read More…
from Paul Craig Roberts:
It is like Margaret Mead said, “a small number of committed people can change the world.”
With much help from the failures of neoliberal economic policy and neoconservative foreign policy, we are changing the world.
Look at Bernie Sanders’ inroads on the corrupt Clintons’ control of the Democratic Party. Look at how easily Donald Trump defeated the Republican establishment’s candidates. Some Americans are catching on, shedding their unawareness. I am not confident that Sanders or Trump could bring change. In The Deep State (2016), Mike Lofgren concludes that powerful private interest groups, such as the military/security complex and the financial sector, have hijacked democracy.
Read More
It is like Margaret Mead said, “a small number of committed people can change the world.”
With much help from the failures of neoliberal economic policy and neoconservative foreign policy, we are changing the world.
Look at Bernie Sanders’ inroads on the corrupt Clintons’ control of the Democratic Party. Look at how easily Donald Trump defeated the Republican establishment’s candidates. Some Americans are catching on, shedding their unawareness. I am not confident that Sanders or Trump could bring change. In The Deep State (2016), Mike Lofgren concludes that powerful private interest groups, such as the military/security complex and the financial sector, have hijacked democracy.
Read More
by Michael Snyder, The Economic Collapse Blog:
When panic and fear dominate financial markets, gold and silver both tend to rapidly rise in price. We witnessed this during the last financial crisis, and it is starting to happen again. Because I am the publisher of a website called The Economic Collapse Blog, I am often asked about gold and silver when I do interviews. In fact, just a few days ago I was sitting right next to Jim Rickards during the taping of a television show when this topic came up. Jim expressed his belief that investing in gold is superior to investing in silver, but I had the exact opposite viewpoint. In this article, I would like to elaborate on why I believe that silver represents a historic investment opportunity right now.
Read More
When panic and fear dominate financial markets, gold and silver both tend to rapidly rise in price. We witnessed this during the last financial crisis, and it is starting to happen again. Because I am the publisher of a website called The Economic Collapse Blog, I am often asked about gold and silver when I do interviews. In fact, just a few days ago I was sitting right next to Jim Rickards during the taping of a television show when this topic came up. Jim expressed his belief that investing in gold is superior to investing in silver, but I had the exact opposite viewpoint. In this article, I would like to elaborate on why I believe that silver represents a historic investment opportunity right now.
Read More
by Julie Wilson, Natural News:
One
of the most natural actions in existence – a mother breastfeeding her
child – is facing scrutiny not over the age-old breastfeed or
bottle-feed debate, but rather something much more bizarre.
Medical experts are taking up issue with use of the word natural when describing the behavior, saying that the word could make people leery of other health-related topics like GMOs and vaccinations, which already face their fair share of resistance and pressures by those who consider them “unnatural.”
Read More
One
of the most natural actions in existence – a mother breastfeeding her
child – is facing scrutiny not over the age-old breastfeed or
bottle-feed debate, but rather something much more bizarre.Medical experts are taking up issue with use of the word natural when describing the behavior, saying that the word could make people leery of other health-related topics like GMOs and vaccinations, which already face their fair share of resistance and pressures by those who consider them “unnatural.”
Read More
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