Tuesday, April 19, 2016

China Launches Yuan Gold Fix To "Exert More Control Over Price Of Gold"



Overnight a historic event took place when China, the world's top gold consumer, launched a yuan-denominated gold benchmark on Tuesday as had been previewed here previously in what Reuters dubbed "an ambitious step to exert more control over the pricing of the metal and boost its influence in the global bullion market."



Iran Is Ready To Flood The World With Oil... It Just Has No Ships To Deliver It

As increasingly more of Iran's tanker fleet is currently utilized or is otherwise out of commission, Iran desperately needs foreign ships to execute its plans for a big export push to Europe and elsewhere and meet its target of reaching pre-sanction sales levels this year. There is just one problem: nobody is willing to give their spare tankers to Tehran, no matter the price.



Peter King: "I Hate Ted Cruz, I'll Take Cyanide If He Gets The Nomination"

"I'm Not Endorsing Ted Cruz, I Hate Ted Cruz, I Think I'll Take Cyanide If He Ever Got The Nomination"



A Tale Of Two Fundraisers - Clinton Vs Sanders

The only question is, who doesn’t Hillary Clinton owe favors to? We’ll give you a hint: The American people. Vote wisely, New York.



Did The XOM Stock Algo Just Freeze?

For over an hour XOM stock has traded in a 2c range... glued to the level of a sizable selling program's cliff-edge from this morning. Did the XOM stock algo just give up?



Two-Thirds Of Germans Are Against Merkel As Right-Wing 'Terrorists' Arrested After Refugee Attacks

Amid the growing ghetto-isation of Muslim Europe, and with 66% of Germans against Merkel, German police have arrested five suspects on terrorism charges in raids on a right-wing group charged with attacking asylum shelters in the east of the country in the midst of Europe’s refugee crisis. German officials have proclaimed the raids show that "the state is moving resolutely and in a timely fashion against right-wing terrorist structures and criminals." We suspect sadly that more attacks, and more arrests are to come as George Soros calls for Europe to accept 500,000 more refugees per year.



As Olympics Looms, Governor Warns Rio Is "Close To Social Collapse"

With feces-infested waterways, Zika-carrying mosquitoes, a collapsing economy, and political corruption that runs from top to bottom, Brazil is in trouble. But just a few short weeks ahead of The Olympics, the people are revolting as Sao Paulo state governor Geraldo Alckmin warns "Rio de Janeiro is close to social collapse" after state payments to retirees have not been made. Of course, none of this matters as long as Ibovespa is soaring and Real is strengthening.



Why Sentiment, Positioning And Price Action Is All The Matters In This Market

As Adam Parker pointed out on Sunday, "'The main questions investors ask us today seem to be about the exterior appearance of the market and not fundamentals. “What is this price action telling you?” “What are other investors asking you about?” “How are other people positioned?” Or, “what’s the current sentiment?”" Here's why these are the only questions that matter.



Does Not Compute: "Smart Money" Clients Sell Stocks For 12 Consecutive Weeks

Last week, when reporting that smart money had sold stocks for 11 consecutive weeks, we were convinced that this week the selling would finally end. It did not. As BofA reported overnight when looking at the latest trading activity by its smart money clients, last week, during which the S&P 500 was up 1.6%, BofAML clients were net sellers of US stocks for the twelfth consecutive week, in the amount of $1.36bn. Sales were chiefly in large caps, though all three size segments saw outflows.



A Preview Of Tonight's Critical New York Primary

The race for the Presidential nomination runs through the "must win" state of New York today, where Republican Donald Trump will look to sweep his home state and widen his lead over Ted Cruz and John Kasich, while for the Democrats, Hillary Clinton will try to put Bernie Sanders permanently in the rearview mirror. Here are the key things to look forward to.



Damn It Janet! Dow Loses 18k, S&P Back Under 2,100

They said it could never happen again!! But stocks are not green...



Stocks Soar As Corporations Are Defaulting On Their Debts Like It's 2008 All Over Again

The stock market and the economy are moving in two completely different directions right now. Even as stock prices soar, big corporations are defaulting on their debts at a level that we have not seen since the last financial crisis. In fact, this wave of debt defaults have become so dramatic that even mainstream media is reporting on it...



"Wrong Way Gartman"...

Concerns About Dennis Gartman's Life Emerge As Oil Approaches $44

There is a reason for the saying "never say, never."



Two Key Soros PMs Depart Over "Disagreement About Direction Of Global Markets"

In late January, when George Soros was interviewed in Davos, he revealed what may have been his most bearish outlook yet. That may have cost the aging billionaire. According to Bloomberg, two of the key portfolio managers working at Soros' family office, David Rogers and Joshua Donfeld, are leaving the firm over disagreements with its new chief investment officer about the direction of global markets, according to people with knowledge of the matter.



Oil Surges As Dollar Tumbles To June Lows; Financial Conditions "Easiest" Since Last Summer

Whether or not there was a secret "Shanghai Accord" to push the dollar lower, the outcome has been clear: moments ago, the USD as measured by the Bloomberg Dollar spot index just dropped to the lowest level since June 22, long before the Fed commenced its rate hikes, indicating that the market is, at least for now, convinced that the Fed is "one and done" and that Eric Rosengren's warning that rate hikes will accelerate from here is nothing but a hollow threat.



The Chinese Start Buying Silver: BofA Says "Momentum Breaks Out To Highest In Years"

Spiking demand for silver has pushed it to fresh 10 month highs above $17/ounce. One reason suggested for the buying came from Reuters, which said "that there is heavy buying in silver in Shanghai, and that has triggered buying in gold as well," said Ronald Leung, chief dealer at Lee Cheong Gold Dealers in Hong Kong. This may just be the beginning as technicians are finally starting to pay attention.



S&P 500 Tops 2,100 - What Happens Next?

Following the disappointment of Doha, US equities have soared off the dip with The Dow topping the all-important 18,000 level and now S&P back above 2,100... all the while, earnings are collapsing.



Obama Succumbs To Saudi Pressure, Will Veto Sept 11 Lawsuit Bill

Following strong Saudi pressure to scuttle the Sept 11 Bipartisan Bill, the president made it clear on what side he stands when the White House threatened to veto the bipartisan bill to let families victimized by the 9/11 terrorist attacks sue Saudi Arabia while a GOP senator privately sought to block the measure. The White House and State Department are bluntly warning lawmakers not to proceed with the legislation due to "fears" it could have dramatic ramifications for the United States and citizens living abroad to retaliatory lawsuits.


Economic Collapse Is Only the First of Seven Steps on the Way to Total Subjugation

by Dave Hodges, The Common Sense Show:

Secret banker/government meetings, UWEX 16 Civil War drills, the growth of foreign troops on American soil, do not represent the end game of the criminal elite. the stealing of the election from Trump is not an end game, it is a big step towards the criminal elite’s final goal which is a 90% population reduction in humanity.
The criminal elite are panicked over what the Trump movement has brought to the forefront. Millions of previous unaware Americans are learning how evil is the system of governance that they have been living under truly is and they are angry beyond belief. This has forced the hand of the criminal elite and they are accelerating their timetable of total subjugation.
Read More

UK Prime Minister Cameron Admitted Evading Taxes

from The Sleuth Journal:

He profited from his late father’s Panama tax haven account, selling shares valued 31,500 pounds before becoming prime minister in 2010 – without declaring 19,000 pounds in capital gains for tax purposes.
His claim about not knowing if 300,000 pounds he inherited from his father benefitted from tax avoidance rang hollow.
He danced around the issue for days after Panama Papers documents implicated his father, giving one evasive explanation after another, including saying “I don’t have anything to hide.”
Read More

DINOSAUR MEDIA’S LAST GASP: PUBLIC’S TRUST IN MEDIA REACHES ALL TIME LOW

by Joshua Krause, The Daily Sheeple:

The way Americans perceive the mainstream media has drastically changed over the past two decades, largely due to the influence of the internet. The internet has not only given us countless perspectives on any given issue, it has also given us the ability to catch the media when they lie or make mistakes, which they have a habit of doing every day. They basically parrot everything the government says, even when it kills their ratings. Not only are their viewership and readership numbers sinking year after year, the amount of trust people place in the media is also falling.
Read More

Hong Kong Gets New US-Backed Party – Tony Cartalucci

by Tony Cartalucci, The News Doctors:

Hong Kong saw the formation of a new “political party,” headed by 19 year-old student Joshua Wong – a young man with no experience and no explanation as to who is funding him or backing him politically. The party, called “Demosisto,” was described by the BBC in their article, “Hong Kong student leader Joshua Wong forms political party,” as demanding “self-determination” for Hong Kong – an ambition pushed primarily by US and British interests, not the people of Hong Kong.
The BBC would report that:
Mr Wong was a leading figure in the so-called Umbrella Movement in 2014, which aimed to secure greater voting rights for the territory’s residents.
Read More

Bank Goes Rogue, Confirms Silver and Gold Manipulation

by Adam English, Outsider Club:

The running list of manipulations by mega banks touches every corner of finance.
Virtually every commodity has been hit by massive positions that influence prices for illicit gains.
LIBOR and delaying interest rate information amounted to $880 trillion in manipulation alone, and affected every mortgage and loan worldwide.
Big banks walked away with fines that don’t even match the profits reaped from the mortgage fiasco at the heart of the Great Recession.
Read More

Government Officials Admit to ECONOMIC False Flag Operations

from Washington’s Blog:

There Are Economic – As Well As Military – False Flag Attacks
False flag attacks don’t just involve physical deaths and wars …
They also involve faked economic events and financial casualties.
For example, two officials of the International Monetary Fund said last month that they needed the threat of an imminent financial catastrophe to force other players into accepting its measures such as cutting Greek pensions and working conditions, and – as the Greek government put it (via Bloomberg) – the IMF was “considering a plan to cause a credit event in Greece and destabilize Europe.”
Read More


/

No comments:

Post a Comment