Submitted by Tyler Durden on 04/22/2016 - 13:42
"The US stock market seems egregiously overvalued versus other stock markets... you are going to see declines in the US stock market and since the correlations are so high this means that probably the junk bond market will go back down, too. Negative interest rates are the dumbest idea ever. It’s horrible.... Gold is doing fine. It’s preserving capital in the US, it’s been making money over the last couple of years for European investors. That’s why I own gold.... Trump is going to win. I think Clinton and Sanders are both very poor candidates."
Albert Edwards Finally Blows Up: "I'm Not Really Sure How Much More Of This I Can Take"
Submitted by Tyler Durden on 04/22/2016 - 10:47 "I'm not really sure how much more of this I can take. So here we are 5, 6 or is it now 7 years into this economic recovery and it still remains pathetically weak. And so it should in the wake of one of the biggest private sector credit bubbles in history. The de-leveraging hangover was always going to be massive and so it is. Quick-fix monetary QE nonsense has made virtually no difference to the economic recoveries other than to inflate asset prices, make the rich richer, inequality worse and make Joe and Joanna Sixpack want to scream in rage."
Faith, we are reliably informed, is the “substance of things hoped for, the evidence of things not seen.” The troubled 16-year-old girl from Gloucester, Virginia who calls herself Gavin Grimm, and insists on being treated as if she were a boy, is acting on something other than faith by denying substantive facts that are plain to be seen by fellow high school students who would share bathroom facilities with her.
Those students, and the school faculty have unwisely indulged Grimm in her delusion to the extent of providing her – and others who have qualified for the trendy and politically potent diagnosis of “gender dysphoria” – with unisex bathroom facilities. To avoid potentially unsettling encounters in locker rooms, Grimm was allowed to do P.E. at home.
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from Paul Craig Roberts:
The Washington elite believe that the British people should serve Washington’s interest and not their own. To this end, President Obama has been sent to London to emphasize that the UK must remain in the EU.
Does this make you wonder why it is important to Washington for the British people to surrender their national sovereignty to the European Union? If not, it should.
It is easier and less expensive for Washington to control the EU government than to control 28 separate governments. For example, if Washington wants to open up Europe to Monsanto, it is easier for Washington to bribe one EU government than to deal with 28 governments, especially as the European Commission is not accountable to the European people, whereas the individual populations of the countries would make their objections known to the national governments. The EU can open the door to Monsanto without accountability.
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The Washington elite believe that the British people should serve Washington’s interest and not their own. To this end, President Obama has been sent to London to emphasize that the UK must remain in the EU.
Does this make you wonder why it is important to Washington for the British people to surrender their national sovereignty to the European Union? If not, it should.
It is easier and less expensive for Washington to control the EU government than to control 28 separate governments. For example, if Washington wants to open up Europe to Monsanto, it is easier for Washington to bribe one EU government than to deal with 28 governments, especially as the European Commission is not accountable to the European people, whereas the individual populations of the countries would make their objections known to the national governments. The EU can open the door to Monsanto without accountability.
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Have to keep the Sheep scared...
by Jeremiah Johnson, SHTFPlan:
The news network reports have been combined with leaks within the intelligence communities of Europe and the United States to paint a picture of a possible spring offensive in Eastern Ukraine by Russia. Now that Ukraine’s “bid” to enter the EU seems to be coming apart at the seams, the United States and the Western IMF hegemony seem to be in an indecisive state about what option to pursue next.
Arseny Yatsenuk, the puppet of the United States installed by Victoria Nuland, John McCain, and Lindsay Graham has resigned, so no more words of ventriloquism will be emanating from his lips. Petro Poroshenko the chocolate magnate will now hold the reins in his hands while the IMF/NATO cartel figures out what is next in store. The plan to “take” Ukraine into NATO and the EU was nothing more than a thinly disguised design to encroach upon Russia’s back door and invade her sphere of influence.
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The news network reports have been combined with leaks within the intelligence communities of Europe and the United States to paint a picture of a possible spring offensive in Eastern Ukraine by Russia. Now that Ukraine’s “bid” to enter the EU seems to be coming apart at the seams, the United States and the Western IMF hegemony seem to be in an indecisive state about what option to pursue next.
Arseny Yatsenuk, the puppet of the United States installed by Victoria Nuland, John McCain, and Lindsay Graham has resigned, so no more words of ventriloquism will be emanating from his lips. Petro Poroshenko the chocolate magnate will now hold the reins in his hands while the IMF/NATO cartel figures out what is next in store. The plan to “take” Ukraine into NATO and the EU was nothing more than a thinly disguised design to encroach upon Russia’s back door and invade her sphere of influence.
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from Zerohedge via The Daily Sheeple:
With the topic of Saudi Arabia’s involvement in the Sept 11 attack on
everyone’s lips, if certainly not those of president Obama who is
currently in Riyadh where he is meeting with members of Saudi royalty in
what may be his last trip to the Saudi nation as US president, many
have been clamoring for the information in the suddenly notorious
“28-pages” (following the recent 60 Minutes episode) to be released to
the public so the US population can finally relegate all those
“conspiracy theories” surrounding the real perpetrator behind the Sept
11 terrorist attack to the “conspiracy fact” pile.
It won’t have to wait that long.
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With the topic of Saudi Arabia’s involvement in the Sept 11 attack on
everyone’s lips, if certainly not those of president Obama who is
currently in Riyadh where he is meeting with members of Saudi royalty in
what may be his last trip to the Saudi nation as US president, many
have been clamoring for the information in the suddenly notorious
“28-pages” (following the recent 60 Minutes episode) to be released to
the public so the US population can finally relegate all those
“conspiracy theories” surrounding the real perpetrator behind the Sept
11 terrorist attack to the “conspiracy fact” pile.It won’t have to wait that long.
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Why Are Bankrupt Oil Companies Still Pumping?
Submitted by Tyler Durden on 04/22/2016 - 13:56 A central tenet in the thesis by analysts about the oil markets rebalancing has been that as prices declined, oil companies would be forced into bankruptcy. That in turn would lead to declining production, and eventually a rebalancing of supply and demand in the market, followed by higher prices. That process is already taking longer than many expected, and it looks like more time is needed. That additional time to balance the market is being driven by an unexpected factor; bankrupt oil companies are still pumping.
The Metal Ratios Are An Ominous Sign For US Inflation Trends
Submitted by Tyler Durden on 04/22/2016 - 13:16 The gold/silver ratio recently took out 2009 highs and the gold/copper ratio is at its highest level since 2009. This is a negative signal that US inflation, using CPI, could be headed for another leg lower. Since 2008, the gold/silver ratio has had a -73% correlation to the year-over-year change in US CPI (with a 2-quarter forward lag for the gold/silver ratio) . So as the gold/silver ratio increases, the year-over-year change in the CPI tends to fall.
Crude Pops After Rig Count Tumbles To New Lows
Submitted by Tyler Durden on 04/22/2016 - 13:07 Crude prices had been sliding ahead of today's Baker Hughes rig count data but the slide stalled as the total rig count fell 9 to 431 - a new low (from over 2000 rigs at the cyclical peak). As the oil rig count continues to perfectly track lagged oil prices, we note that this week's 8 rig decline to a fresh cycle low of 343 could be the low. This year has still only seen one week in which rig counts did not decline.How to buy more Votes...Still think your vote counts...LOL
Virginia Governor Allows Convicted Felons To Vote In Boost To Hillary's Election Odds
Submitted by Tyler Durden on 04/22/2016 - 12:55 As the Richmond Times Dispatch reports, Governor Terry McAuliffe today signed an order to restore voting rights to more than 200,000 convicted felons in Virginia. The order applies to nonviolent and violent felons, and according to a confidential draft of research for the order obtained by the Richmond Times Dispatch, is authorized under the Constitution of Virginia. Why this surprising announcement now? As Reuters says, the "move that could help the Democratic nominee in November's presidential election."
London Mayor Slams "Part-Kenyan" Obama's "Hypocritical" Brexit Diatribe
Submitted by Tyler Durden on 04/22/2016 - 12:39 If Obama was seeking to infuriate even more people, or to push the odds of Brexit even higher with the Op-Ed he posted yesterday ahead of his London visit, he may have succeeded. Responding to President Obama's "Just Say No" to Brexit Op-Ed, the Mayor of London - Tory big-hitter Boris Johnson - bites back at the "part-Kenyan's ancestral dislike of the British Empire", exclaiming that America would never surrender so much power to Brussels -"It is incoherent. It is inconsistent, and yes it is downright hypocritical." Conjuring Churchillian patriotism, the controversial comments from the outspoken Brit conclude, the benefits of Brexit mean "we can thrive as never before – and therefore be even better and more valuable allies of the United States."
The End Of 'Quarterly Capitalism'?
Submitted by Tyler Durden on 04/22/2016 - 12:10 Tell us truthfully: do you actually get a lot of value from quarterly earnings reports? It’s not actually us asking; it is the Securities and Exchange Commission and the NIRI trade group, the most influential group of Investor Relations professionals in U.S. markets. Last week the SEC published a concept release that seeks public input on a range of issues, perhaps most notably quarterly financial reporting for public companies. Questions include: “Do investors, registrants, and the markets benefit from quarterly reporting?” and “Should we revise or eliminate our rules requiring quarterly reporting?”
President Obama Explains To The Brits Why They Should Vote For An Undemocratic Super-State - Live Feed
Submitted by Tyler Durden on 04/22/2016 - 11:46 The Obama Apology Tour rolls on... as we detailed previously, despite vehement opposition from the British public and 100s of members of parliament, President Obama opined on Brexit - urging his "brothers in blood" to exercise their democratic right to vote No to Brexit and vote Yes to an Undemocratic Super-State. Side by side with his old friend David Cameron - who he just blamed for Libya's demise - this press conference should be fun...
Is Sweden Facing Another Migrant Invasion?
Submitted by Tyler Durden on 04/22/2016 - 11:31 Swedish law only allows the government to operate border controls six months at a time, and there is a two-week waiting period before the controls can be reinstated. The two-week lapse is scheduled for July 4-17; many fear that tens of thousands of migrants will seize the opportunity to enter Sweden during this time.
by Dave Hodges, The Common Sense Show:
Stealing the election from Donald Trump is not the only danger that accompanies the soon-to-be “mistake on the lake” GOP convention.
A series of facts and events have coincided to give me great pause as to the potential for a major false flag event this summer at the GOP Convention to be held in Cleveland. The purpose of this article is to shine the light of day on this potential even along with the motivations behind the event in order to discourage this from ever taking place. However, about 50,000 people are expected to converge on Cleveland for the four-day event, beginning July 18 at the Quicken Loans Arena, known as “The Q.” The visitors will include 15,000 media with the potential to showcase Cleveland’s economic rebound and thousands of corporate decision-makers who might be charmed into doing business in a former Rust Belt city.
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Stealing the election from Donald Trump is not the only danger that accompanies the soon-to-be “mistake on the lake” GOP convention.
A series of facts and events have coincided to give me great pause as to the potential for a major false flag event this summer at the GOP Convention to be held in Cleveland. The purpose of this article is to shine the light of day on this potential even along with the motivations behind the event in order to discourage this from ever taking place. However, about 50,000 people are expected to converge on Cleveland for the four-day event, beginning July 18 at the Quicken Loans Arena, known as “The Q.” The visitors will include 15,000 media with the potential to showcase Cleveland’s economic rebound and thousands of corporate decision-makers who might be charmed into doing business in a former Rust Belt city.
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by Joshua Krause, The Daily Sheeple:
It’s official. Cruz is just holding out hope for a contested convention in an attempt to make sure Trump doesn’t get the nomination at this point.
There are only 674 delegates left and Cruz is 678 short. Stick a fork in Cruz. He’s done. There’s no possible way he can get nominated now without a contested convention.
His entire function from here on out is to try to take delegates away from Trump so Trump doesn’t get it fair and square either.
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It’s official. Cruz is just holding out hope for a contested convention in an attempt to make sure Trump doesn’t get the nomination at this point.
There are only 674 delegates left and Cruz is 678 short. Stick a fork in Cruz. He’s done. There’s no possible way he can get nominated now without a contested convention.
His entire function from here on out is to try to take delegates away from Trump so Trump doesn’t get it fair and square either.
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from Bloomberg:
China’s gold miners plan to extend the biggest buying spree in four
years as the nation seeks greater clout in the global bullion industry.
The prospect may be helping drive up the price of assets from Australia
to the U.S.
Some of the country’s top producers say they want to build on last year’s spree, when the nation spent the most on overseas gold assets since 2011. Overseas deals by companies based in mainland China in 2015 quadrupled from the year before to $483 million according to data compiled by Bloomberg. Bigger groups including Zijin Mining Group Co., Zhaojin Mining Industry Co. and Shandong Gold Group Co. have led a wave of domestic consolidation that’s amounted to $5 billion of takeovers in the past five years.
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China’s gold miners plan to extend the biggest buying spree in four
years as the nation seeks greater clout in the global bullion industry.
The prospect may be helping drive up the price of assets from Australia
to the U.S.Some of the country’s top producers say they want to build on last year’s spree, when the nation spent the most on overseas gold assets since 2011. Overseas deals by companies based in mainland China in 2015 quadrupled from the year before to $483 million according to data compiled by Bloomberg. Bigger groups including Zijin Mining Group Co., Zhaojin Mining Industry Co. and Shandong Gold Group Co. have led a wave of domestic consolidation that’s amounted to $5 billion of takeovers in the past five years.
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