Here Is Rothschild's Primer How To Launder Money In U.S. Real Estate And Avoid "Blacklists"

Submitted by Tyler Durden on 04/07/2016 - 15:09
"The use of Nevada “foreign” trusts avoids blacklists and the stigma that can come with placing assets in jurisdictions typically viewed as tax havens, without creating exposure to US income tax on non-US income"

Residents Flee, Home Sales Collapse 44% Following Biggest Gas Leak In History

Submitted by Tyler Durden on 04/07/2016 - 15:42 The "Fukushima class disaster" that emerged from Aliso Canyon's worst ever gas leak has left behind more than just medical and human issues. According to RealtyTrac, in the three months following the discovery of the gas leak in late October 2015, home sales in the Porter Ranch zip code (91326) plunged 44%, and "market disruption is further signified by the number of families that requested relocation out of the Porter Ranch area."

Consumer Credit Rises $17.2 Billion; Holding Of Federal Debt Hit New All Time High

Submitted by Tyler Durden on 04/07/2016 - 15:41 After a near record drop in non-revolving (student and car) loans in December, many were wondering if this pipeline which has kept the US auto sector afloat would remain shut. We are happy to report that for two consecutive months, this all important funding pathway has now been unclogged and nonrevolving loans are back to their soaring self.

Can We Grow Out Of Our Problems If We're Not Actually Growing?

Submitted by Tyler Durden on 04/07/2016 - 15:20 The rationale for today’s easy money policies is pretty straightforward: Falling interest rates and rising government deficits will counteract the drag of excessive debts taken on in previous stimulus programs and asset bubbles, enabling the developed world to create wealth faster than it takes on new debt. The result: a steady decline in debt/GDP to levels that allow the current system to survive without wrenching changes. That’s a seductive, free-lunchy kind of idea — if it actually worked.

YHOO Pumps'n'Dumps After Multiple Bidders Appear

Submitted by Tyler Durden on 04/07/2016 - 14:57 While YHOO shares have jumped after the announcement of several potential bidders (including Time Inc, Verizon, Bain, TPG, and Google), it has merely recovered the day's losses.

Are The Saudis And Russians Deliberately Sabotaging Doha?

Submitted by Tyler Durden on 04/07/2016 - 14:45 The actions and intentions of Saudi Arabia and Russia - the two largest oil-producing nations attending the Doha meeting on 17 April - have dashed all hopes of any fruitful outcome. The most important meeting of the last three decades, which has promised to forge new friendships and a new cartel, is turning out to be the biggest farce, even before the curtain is raised.

S&P 500 Slammed Back Into Red For 2016

Submitted by Tyler Durden on 04/07/2016 - 14:31 Joining its Small Cap (Russell 2000) and Tech (Nasdaq) peers, the S&P 500 just plunged back into the red for the year after desperately clinging to it for 3 weeks.

VIX Soars Most In 3 Months Following Record Plunge - What Happens Next?

Submitted by Tyler Durden on 04/07/2016 - 14:13

UK Prime Minister Admits He Had A Stake In His Father's Offshore Trust

Submitted by Tyler Durden on 04/07/2016 - 13:55 David Cameron and his wife owned shares in the Panamanian trust set up by his late father, before selling them for around £30,000 in 2010, he has told ITV News. The prime minister made the revelations about his involvement with the offshore fund set up by his father Ian - exposed in the Panana Papers - in an interview with Political Editor Robert Peston. Mr Cameron said he made a profit on around 5,000 units the couple owned in Blairmore Investment Trust, but insisted the money was subjected to UK tax rules.

How The ECB Trapped Itself In A "Catch 22"

Submitted by Tyler Durden on 04/07/2016 - 13:43 "The question mark is whether you could actually have a stable financial system without QE and ultra low borrowing costs.  So maybe banks and the European economy would be better off without QE and ultra low rates in theory but the reality might be that this would leave us with much higher systemic risk. A catch-22 situation it seems to us."

"It's Probably Nothing": Truck Orders Plunge 37% As Unsold Inventories Soar Most Since 2007

Submitted by Tyler Durden on 04/07/2016 - 13:17 orders for new big rigs plunged and inventories of unsold trucks soared to their highest levels since just before the financial crisis, as uncertainty about future demand and a weak market for freight transportation weighed on truck manufacturers.About 67,000 Class 8 trucks are sitting unsold on dealer lots, after sales in March dropped 37% from a year earlier to 16,000 vehicles. Class 8 trucks are the type most commonly used on long-haul routes. Inventories haven’t been this high since early 2007,

Gold & Silver Surge Amid Crude & Copper Carnage

Submitted by Tyler Durden on 04/07/2016 - 13:00 As the growth mirage fades (and short-squeeze ammo runs out), so crude and copper carnage is reappearing. Amid its biggest plunge since early Jan, Copper is now down 10 of the last 12 days and crude is plunging back towards it 50-day moving average. Amid this bloodbathery, precious metals are bid as Saxo Bank sees Gold "heading back to its highs and beyond."

Putin Denounces "Panama Papers" As U.S. Plot To Destabilize Russia

Submitted by Tyler Durden on 04/07/2016 - 12:40 Earlier today, Putin denied having any links to offshore accounts and described the Panama Papers document leaks scandal as "part of a U.S.-led plot to weaken Russia." Putin described the allegations as part of the U.S.-led disinformation campaign waged against Russia in order to weaken its government. "They are trying to destabilize us from within in order to make us more compliant," he said. "So here we've got some friend of the Russian president, he has done something, probably there is an aspect of corruption to it... But what aspect [exactly]? Well, there is none."

"It's Coming Apart At The Seams" - US Equities Plunge As Deutsche-Lehman Analog Looms

Submitted by Tyler Durden on 04/07/2016 - 12:39 European and US banks are tumbling as despite Dimon's bottom and the coordinated ease-fest of the world's central banks, investors prefer to sell a multi-trillion dollar opaque hole of derivatives debacle-ness than buy it. As one veteran trader put it, the central banks' plans "are coming apart at the seams."

Treasury Yields Tumble Near Feb 'Flash-Crash' Lows

Submitted by Tyler Durden on 04/07/2016 - 12:35 It appears the search for a safe-haven has left Biotechs and FANGs as investors' flight to quality sparks a bid under bonds & bullion. US Treasury yields are tumbling with 10Y and 30Y near the low close from mid-February's "flash-crash" lows.

European Banks Crash Most In 4 Years As Default Risk Spikes To Pre-Draghi Levels

Submitted by Tyler Durden on 04/07/2016 - 12:15 All the gains post-Draghi's bazooka-est efforts in March have gone as bank credit risk is spiking and the last 4 weeks have seen the biggest collapse in European banking stocks since April 2012. Having blown his wad in March and been front-run by every Tom, Dick, and Harry trader, "whatever it takes" appears to be failing hard and with nothing left up his sleeves, Mario may not be so super anymore.

Not Even Police Were Told About This “Active Shooter” Drill…

by Joshua Krause, SHTFPlan:

So secret that it’s for your safety…
It isn’t the first time that military, SWAT teams, FBI, police and Homeland Security officials have conducted large scale emergency exercises inside cities and frightened the locals.
Joint task force mock disasters, raids and response teams now routinely takeover local areas in order to prepare for martial law and a thorough police state, and people are often riled by the sounds of explosions, gunshots, helicopters and teams of men in black uniforms.
But this time, even the local police weren’t told about the drill taking place – even though it was happening within their own department.
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Obama Claims Power to Make Illegal Immigrants Eligible for Social Security, Disability

from The Burning Platform:

Does the president of the United States have the power to unilaterally tell millions of individuals who are violating federal law that he will not enforce that law against them now, that they may continue to violate that law in the future and that he will take action that makes them eligible for federal benefit programs for which they are not currently eligible due to their unlawful status?
Through Solicitor General Donald Verrilli, President Barack Obama is telling the Supreme Court exactly this right now.
The solicitor general calls what Obama is doing “prosecutorial discretion.”
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ROME IS BURNING, AS ITS ARSONISTS SPEAK

by Andy Hoffman, Miles Franklin:
I’m still on vacation – but seeing all that’s happening, it’s impossible to not write. In fact, it was this email from a reader this morning that truly inspired me. And trust me, I get many just like this.
“Specifically to how your job somehow became to fight against the gold cartel. Man let me tell you, what you have done for people out there, you have had one of the rare opportunities to do something that might actually save people’s lives, when what you have been espousing actually comes to pass. You are the most reliable person in the business right now.  Everything you have said has been the word in the mid-term.”
Actually, the reader also gave “co-credit” to my good friend Craig Hemke (aka Turd Ferguson), whom I’m happy to share the spotlight with – given that he, too, is one of the handful of “good, smart guys.” But you get my point.
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Tick..Tick..Tick..You Still Have Money In the Bank? No Gun? No Gold or Stored Food?

by Dave Hodges, The Common Sense Show:

Donald Trump predicted that the United States is on course for a “very massive recession,” warning that a combination of high unemployment and an overvalued stock market had set the stage for another economic slump.”I think we’re sitting on an economic bubble. A financial bubble,” the billionaire Presidential candidate said in an interview with The Washington Post published this past Saturday.
Lana Clements writing for the Express reports, states that fears are growing for some of the world’s biggest investment banks, as experts warn mayhem could soon rip through markets over the coming weeks.Trading revenues at global investment firms dropped by as much as 56% at the start of this year with Europe’s firms among the worst affected, according to European financial analysts.
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IS TED CRUZ ABOUT TO BE NAMED IN A HUGE PROSTITUTION SCANDAL?

by Piper McGowin, SHTFPlan:

Ted Cruz just won Wisconsin big time, right? He declared that he is unifying the GOP. That “they” are going to beat Trump. That it’s all over.
But who is it really all over for?
It is now being reported that, although Cruz finally directly denied ever cheating on his wife in an interview with Fox News’ Megyn Kelly who directly asked him if he’d ever been unfaithful, the lid is about to be blown on Ted’s ties to the DC Madam with evidence including that his number is listed in her infamous “black book”.
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