Deutsche Bank Admits It Also Rigged Gold Prices, Agrees To Expose Other Manipulators

Submitted by Tyler Durden on 04/14/2016 - 12:48
Well, that didn't take long.

Deutsche Bank Confirms Silver Market Manipulation In Legal Settlement, Agrees To Expose Other Banks

Submitted by Tyler Durden on 04/14/2016 - 13:29 In a stunning victory for "conspiracy theorists" within the precious metals space, overnight Deutsche Bank not only agreed to settle a lawsuit accusing it of manipulating the silver fix, but also agreed to help the plaintiffs pursue similar claims against other banks as part of the settlement by providing instant messages and other communications. And so the former cartel members are turning on each other.

Dear Janet, Thoughts?

Submitted by Tyler Durden on 04/14/2016 - 14:25 Having re-confirmed her intense "focus on Main Street... and helping all Americans," by taking a "risk management" approach to "avoid big mistakes," we suggest Ms. Yellen cast an Ivory Tower eye in the direction of this "nope, no bubble here" chart...

WHY IS THE MSM COVERING UP RECESSIONARY DATA?

from The Burning Platform:

The Census Bureau put out their monthly retail sales report this morning. During good times, the MSM would be hailing the tremendous increases as proof the consumer was flush with cash and all was well with the economy. Considering 70% of our GDP is dependent upon consumer spending, you would think this data point would be pretty important in judging how well Americans are really doing.
It’s not perfect, because the issuance of debt to consumers to purchase autos, furniture, appliances and electronics can juice the retail sales numbers and create the false impression of strength. That’s what has been going on with auto sales for the last two years.
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Current Banker Meetings Are Deciding How to Confiscate Your Bank Account and Retirement

by Dave Hodges, The Common Sense Show:

In the midst of the looming economic Armageddon, some are reporting that the banks have just begun to horde gold. Run from these authors. For over three years, I have been imploring people to buy gold in order to replace the cash that will soon be gone. Three years ago, Goldman Sachs was ordering its brokers to short gold.
The fact is, the criminal elite have solidified their hedges against currency collapse by focusing on the acquisition of gold by any means possible.
The bankers and government are meeting this week. At issue is the confiscation of your assets to facilitate a bailout of the banks. This time they are playing for keeps.
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$14 Billion In Junk Bond Defaults Push April Total To Highest Since 2014

Submitted by Tyler Durden on 04/14/2016 - 14:39 Following yesterday's bankruptcy of Peabody Energy and today's Chapter 11 filing of XXI Energy, defaults among American junk bonds just topped $14 billion in April, the highest monthly volume in two years according to Fitch calculations, and that is only for the first two weeks. April's surge in bankruptcy filings is not unexpected: according to JPM's default tracker, the number of bankruptcies was on a tear in both the month of March and the first quarter.
 

Still think your vote counts?...

Hillary Will Win New York, Because It's Running A Banana Republic Primary

Submitted by Tyler Durden on 04/14/2016 - 14:05 Unless you’ve been living in a cave, you’ll know that New Yorkers go to the primary voting booths on April 19th. Unfortunately, only a small sliver of the population will actually be able to vote.

Battery Charges Against Trump Campaign Manager Lewandowski Dropped - Live Webcast

Submitted by Tyler Durden on 04/14/2016 - 14:01 When Trump campaign manager Corey Lewandowski was charged with misdemeanor battery on March 29 for allegedly grabbing and pulling down former Breitbart employee Michelle Fields, it made all the headlines on March 29. Not so much today when moments ago when Florida authorities decided they won't proceed with their case against Lewandowski, saying there wasn't enough evidence to convict him of attacking a reporter at a rally last month.

'They' Have Decided "We Can't Handle The Truth"

Submitted by Tyler Durden on 04/14/2016 - 13:45 We all know why equity markets are zooming. The Bernanke put is standard operating procedure: globally. Whatever is out there’s got central bankers spooked. To use the cliche, they’ve decided we can’t handle the truth. But it’s impossible to fight a manticore you can’t see.

With These Two Headlines, Fed "Credibility" Just Hit A New All Time Low

Submitted by Tyler Durden on 04/14/2016 - 13:29

Blistering Demand For 30Y Paper: Indirects Second Highest Ever

Submitted by Tyler Durden on 04/14/2016 - 13:09 The final auction of the week confirms that something is seriously amiss with the market. On one hand, there remains a substantial (short covering) bid to risk assets; on the other buyers just can't get enough of safe paper issued by the government: we saw it in the strong 3Y, the stronger 10Y and now we just got a blistering 30Y which not only priced 2 bps through the When Issued, not only saw a jump in the Bid to Cover from 2.327 to 2.402, the highest since December, but also had an Indirect takedown of 65.1%, the second highest on record and just shy of the 66.0% in September of 2015.

Microsoft Sues Obama Administration "To Keep Secrecy The Exception, Not The Rule"

Submitted by Tyler Durden on 04/14/2016 - 12:51 The "most transparent administration ever" appears to be making no friends in the tech industry. Following its debacle with Apple, the Obama administration now faces a suit from Microsoft that, in their words, stands up for "customers’ constitutional and fundamental rights – rights that help protect privacy and promote free expression." As Microsoft's Brad Smith notes, with rare exceptions consumers and businesses have a right to know when the government accesses their emails or records, and the suit centers around the fact that since cloud storage accelerated, it’s becoming routine for the U.S. government to issue orders that require email providers to keep these types of legal demands secret. Microsoft believe that this goes too far.

Have Oil Stocks Recovered Their "Line In The Sand"?

Submitted by Tyler Durden on 04/14/2016 - 12:45 A key index of oil stocks has moved back above its (temporarily broken) 30-year up trendline... for now.

The Entire Status Quo Is A Fraud

Submitted by Tyler Durden on 04/14/2016 - 12:37 Fraud as a way of life caters an extravagant banquet of consequences. This can't be said politely: the entire status quo in America is a fraud.

Fed Admits "Won't Stop The Music"

Submitted by Tyler Durden on 04/14/2016 - 12:30 During a post-presentation Q&A in Chicago this morning, Atlanta Fed head Dennis Lockhart warned investors that Brexit is a notable risk and was a consideration within Fed policy meetings (along with every global nation's problems, we presume). However, it was his follow-up comment that has created notable chatter among the "mandate-driven","data-dependent" Fed watching community when he said that any Brexit issues "shouldn't stop the music" for The Fed.

After Trump, The Deluge - What's Next For The GOP?

Submitted by Tyler Durden on 04/14/2016 - 12:00 Whatever the outcome in NY and PA, Trump and his closest remaining rival, Senator Ted Cruz, are likely to enter the Republican National Convention in July short of the number of state delegates they need to win the nomination outright. In the meantime, who knows what games party officials will play with the rules to deny the voter-chosen favorite the nomination? One longtime party player has already signaled that Cruz will be discarded once he stops Trump. So then what will party leaders do?

Best. Admission. Ever: "Argentina Is No Longer Lying About Its Statistics... It Used To Lie Obscenely"

Submitted by Tyler Durden on 04/14/2016 - 11:43 ARGENTINA IS NO LONGER LYING ABOUT ITS STATISTICS: PRAT-GAY
ARGENTINE STATS AGENCY WAS `USED TO LIE OBSCENELY': PRAT-GAY

Dear Janet: Your Own Atlanta Fed's "Core" Inflation Tracker Is At Six Year Highs

Submitted by Tyler Durden on 04/14/2016 - 11:35 First the AtlantaFed (with occasional shoulder-tapping exceptions) created a mini revolution in the way GDP was tracked on a day to day basis with its GDP Nowcast, one which spawned the NYFed to create its own version (influenced by Goldman's own economic models as the Atlanta Fed's number were seen as too pessimistic), and now the same Atlanta Fed is casting serious doubt over the government's official inflation numbers, with its own "sticky-price" CPI tracker.

CLINTONS HAVE BEEN PREPARING FOR TRUMP PRESIDENTIAL BID SINCE 1999

by Joshua Krause, The Daily Sheeple:

By now we all know that Trump has some history with the Clintons. He even invited them to his wedding in 2005, and he defended Bill during the Monica Lewinski scandal. But what no one knew until recently was that the Clintons have been preparing for the possibility of a Trump presidency for nearly two decades.
Never before seen documents from the Clinton administration were unearthed on Tuesday by the Clinton Presidential Library, which pertain to how Bill would respond to Trump’s presidential bid in 1999.
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The Great Gold Conspiracy of 1869

from Washington’s Blog:

William Worthington Fowler’s Twenty Years of Inside Life in Wall Street or Reflections of the Personal Experience of a Speculator is a joy to read.
Fowler’s ripping yarn covers the New York traded markets from 1860-1880, a period that spanned the Civil War, the post war bubble, worthless paper money, the Black Friday Gold Panic of 1869, the Great Panic of 1873, and the consequent first and worst seven year Great Depression. Fowler witnessed how U.S. government paper money replaced specie leading to bubbles, panics, and crashes. It is time to revisit Fowler’s classic. Our current crisis is much more similar to the crash of 1873 and the first Great Depression than the 1929 crash and Depression.
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The Cancer Protocols They Don’t Want You To Know About

from The Sleuth Journal:

Dr. Nicholas J. Gonzalez, ‘died’ on Tuesday, July 21, 2015. Mr. Gonzalez’ passing was as suspicious has the death of other doctors that, just like him, were working on truly alternative treatments and cures for cancer.
Dr. Gonzalez’s work was based on what is known as holistic medicine, which is used in an individual basis. The Gonzalez protocols are based on “nutrition and education about the treatment and prevention of cancer and other degenerative diseases”.
The death of Dr. Gonzalez, just as the mysterious passing of other health practitioners has been connected to several topics.
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