Submitted by Tyler Durden on 05/19/2016 - 08:01
Most critical appears to be the 2 minute interval from 3:27 to 3:29, when according to the Greek defence minister cited by the Guardian, there was a dramatic change in the plane's attitude and direction. It was in this two minute period when the plane made a 90 degree swerve left and dropped from 37,000 feet to 15,000 feet before swerving 60 degrees right and vanishing at 10,000 feet ten to 15 miles inside Egyptian air space.
Caterpillar Retail Sales Fall For Record 41 Consecutive Months
Submitted by Tyler Durden on 05/19/2016 - 09:38 For Caterpillar, the great recession was bad, for about 19 months. In May 2010, after declining sharply for just under two years, CAT posted it first positive global retail sales comps and never looked back... until December 2012 when comp sales once again turned negative and have been negative ever since. For the past 41 months!
Riksbank Says It's Time To Prepare For Helicopter Money
Submitted by Tyler Durden on 05/19/2016 - 09:18 it will not be possible, in the future, to conduct monetary policy in the way and with the impact we have previously been accustomed to. And this is something for which we need to prepare ourselves. She notes that, alongside cutting the policy rate to below zero and purchasing securities, so-called helicopter money could provide a hypothetical path to take to increase scope for monetary policy.
by Kit Daniels, Infowars:
The artist behind the iconic ‘Obama Hope’ poster says the president failed to meet expectations.
Shepard Fairey, who’s now a Bernie Sanders supporter, says that after Obama won the presidency, he went “quiet on a lot of things” he promised while running for office.
“I think history will be fairly kind of his presidency but I want things to move further in the direction that he promised as a campaigner,” he said. “He’s been more outspoken in the last 18 months.”
Read More
The artist behind the iconic ‘Obama Hope’ poster says the president failed to meet expectations.Shepard Fairey, who’s now a Bernie Sanders supporter, says that after Obama won the presidency, he went “quiet on a lot of things” he promised while running for office.
“I think history will be fairly kind of his presidency but I want things to move further in the direction that he promised as a campaigner,” he said. “He’s been more outspoken in the last 18 months.”
Read More
Tim Price: Why I'm Voting To Leave The European Union
Submitted by Tyler Durden on 05/19/2016 - 04:00 On 23 June 2016, this British citizen will be voting to leave the European Union. To me it’s clear: the EU has not only become too big for its own good, it’s too big to do hardly anything good. Back in 1975 when the UK first confirmed membership in the EU (when it was called the European Economic Community), it made sense. But the EU didn’t turn into a peaceful, efficient, multi-national trading bloc that enables commerce and prosperity. Rather it has become an ever-expanding, unaccountable bureaucracy ruling over vastly disparate nations who are increasingly at odds with one another.
For the past 5+ years, we have seen the banking crime syndicate maintaining an ABSOLUTE choke-hold over gold and silver markets, where despite the most bullish fundamentals in history, prices have ground steadily sideways-to-lower.
Fed Fraud and Hostage Markets
During those years, we saw prices continually knocked lower, primarily any time some Fed-head passed wind…until this year, when (supposedly) gold (and silver?) have reverted to being back in “bull markets”. The born-again “bulls” of the mainstream media now even include notorious bullion-short, JPMorgan, gushing about how gold has entered “a new and very long bull market”. Read More…
Gold and Silver are on SALE...
Gold Slammed To 3-Week Lows Under $1250 After Lacker Ramps Up Hawkish Tone
Submitted by Tyler Durden on 05/19/2016 - 09:05 The weakness in precious metals - as the dollar soared - after yesterday's Fed minutes has extended this morning as Fed's Lacker unleashes even greater hawkish-ness. Gold is back at 3-week lows, back below $1250 with its biggest drop in 3 months...
Malvinas War 2.0? - Independent Audit Confirms The Falkland Islands Are A Billion-Barrel Basin
Submitted by Tyler Durden on 05/19/2016 - 09:02 (British company) Falklands oil and gas producer Rockhopper Exploration Plc has announced that its net contingent oil reserves have doubled to more than 300 million barrels, and independent experts are now eyeing this as nearly billion-barrel basin. However, Foreign Ministry officials in Buenos Aires have said the British energy companies would face prosecution for what they called illegal operations in Argentine territory.
Fed's Lacker Unleashes More Hawks: "Markets Took Wrong Signal From Fed In March And April"
Submitted by Tyler Durden on 05/19/2016 - 08:47 FED'S LACKER: MKTS TOOK WRONG SIGNAL FROM FED IN MARCH AND APRILFED’S LACKER: MARKET OVERESTIMATED HOW LIKELY WE WERE TO PAUSE
LACKER SAYS HE'S COMFORTABLE WITH FOUR FED RATE HIKES IN 2016
LACKER: DON’T EXPECT DOLLAR OVER REST OF YR TO RISK U.S. GROWTH
Elizabeth Holmes Admits Theranos' "Technology" Is A Fraud: Restates, Voids Years Of Test Results
Submitted by Tyler Durden on 05/19/2016 - 08:45
Initial Jobless Claims Worse Than Expected, Near 3-Month Highs
Submitted by Tyler Durden on 05/19/2016 - 08:37 Following the last two weeks' dramatic surge in initial jobless claims it was expected that a pull back would occur and it did but the last week's 278k print is still worse than expected - the third weekly miss in a row (the first time since January). The downtrend remains 'broken' as the 4-week-average prints at 3-month highs, catching up to weakness in layoffs, earnings, macro data, ISM/PMI surveys, and retail stocks.
Philly Fed Flounders To 3-Month Lows As New Orders Tumble
Submitted by Tyler Durden on 05/19/2016 - 08:36 March's epic - and utterly embarassing - spike is now nothing but an aberration as for the eight month of the last nine, Philly Fed's business outlook remains firmly in negative territory. With hope-strewn expectations of a +3.0 print, Philly Fed dropped from -1.6 to -1.8 with New Orders tumbling back into contraction. While the headline data dropped, "hope" was also dashed as 6-month expectations for inventories (not good for GDP) and employees (not good for Fed meme) tumbled.
Iceland's Biggest Political Party Is Now The "Pirate Party"
Submitted by Tyler Durden on 05/19/2016 - 08:21 The surge in popularity of the once-fringe anti-establishment Pirate Party comes as little surprise - policies include internet freedom, drug decriminalisation, and open democracy - and recent polls suggest almost half the nation supports them.
Walmart Surges 9% After Beating EPS Expectations, Comp Sales
Submitted by Tyler Durden on 05/19/2016 - 07:25 In what is the traditional end to earnings season, moments ago the second biggest employer in the US after the government, Walmart reported results which after several quarters of disappointment solidly beat expectations, reporting Q1 EPS of $0.98 (down 4.9% Y/Y), higher than the $0.88 expected even as revenue of $115.9 billion (up 0.9% Y/Y) missed expectations of $133.3 billion. However, the reason the stock is soaring over 8% in the premarket is WMT's big beat in comp stores, which same store sales rising 1.0%, double the 0.5% expected, driven by the sixth consecutive quarter of positive traffic, up 1.5%. Comps ex-fuel rose 0.8%, also double the 0.4% expected.
Global Stocks Slide, S&P Set To Open Red For The Year As Hawkish Fed Ignites "Risk Off"
Submitted by Tyler Durden on 05/19/2016 - 06:53 After yesterday's algo-driven mad dash to close the S&P green both for the day and for the year following Fed minutes that came in shocking hawkish, the selling has continued overnight, led by the commodity complex as rate hike fears have pushed oil back down some 2% from yesterday's 7 month highs, which in turn has dragged global stocks lower to a six-week low, while pushing bond yields higher across developed nations as the market suddenly reprices the probability of a June/July rate hike.
Good evening Ladies and Gentlemen:Gold: $1,273.70 DOWN $2.50 (comex closing time)
Silver 17.12 DOWN 11 cents
In the access market 5:15 pm
Gold $1258.25
silver: 16.87
No doubt that the entire trading of gold and silver today was orchestrated by our crooked banks. They were massively selling paper gold throughout the night and early morning. Even the one billion dollar bid for gold early this morning did not spook the crooks. At 2 pm they released the beige book report and the Fed stated that it is likely that they will raise rates in June. The USA should raise rates but the problem will be China who has threatened to lower dramatically the yuan and in so doing would absolutely kill Japan, South Korea and the emerging markets. Besides no Fed would be stupid enough to raise rates three months before a USA election.
Read More
by Isabelle Z., Natural News:
Most people like to think that doctors are unquestionable experts in
their fields, and that their years of education give them a broad and
solid base of knowledge about all aspects of health and medicine. It
turns out, however, that medical schools are failing them and the
general public time and time again, by glossing over some very important
issues, such as vaccines.
In a startling video posted on YouTube, several doctors admit that they really don’t know much about vaccines at all, and that this is not really part of the curriculum in medical school. Perhaps this might help explain why seemingly caring and intelligent doctors are so willing to push vaccines on children, yet it leaves a lot more questions unanswered. Perhaps the biggest question everyone should be asking is: Why aren’t medical schools teaching doctors the truth about vaccines?
Read More
Most people like to think that doctors are unquestionable experts in
their fields, and that their years of education give them a broad and
solid base of knowledge about all aspects of health and medicine. It
turns out, however, that medical schools are failing them and the
general public time and time again, by glossing over some very important
issues, such as vaccines.In a startling video posted on YouTube, several doctors admit that they really don’t know much about vaccines at all, and that this is not really part of the curriculum in medical school. Perhaps this might help explain why seemingly caring and intelligent doctors are so willing to push vaccines on children, yet it leaves a lot more questions unanswered. Perhaps the biggest question everyone should be asking is: Why aren’t medical schools teaching doctors the truth about vaccines?
Read More
by Mark O’Byrne, GoldCore:
Buy gold and silver coins and bars for delivery and storage has
advocated a leading Irish financial adviser. Eddie Hobbs has given
advice to his clients and says that they should buy silver and gold
bullion in order to protect from the coming global financial crisis.
In his most recent research report, ‘Outlook, May 2016’ he said that
“Not holding gold is now, in my opinion, high risk. Gold is the single asset class that protects both against deflation and especially against inflation. The case for gold against this backdrop has strengthened and not weakened.”
Below are the key excerpts from the excellent report regarding gold and silver:
Read More
Buy gold and silver coins and bars for delivery and storage has
advocated a leading Irish financial adviser. Eddie Hobbs has given
advice to his clients and says that they should buy silver and gold
bullion in order to protect from the coming global financial crisis.In his most recent research report, ‘Outlook, May 2016’ he said that
“Not holding gold is now, in my opinion, high risk. Gold is the single asset class that protects both against deflation and especially against inflation. The case for gold against this backdrop has strengthened and not weakened.”
Below are the key excerpts from the excellent report regarding gold and silver:
Read More
from The Daily Bell:
Here’s Why the TSA Is So Terrible … Dozens of people were stranded overnight when the long security lines caused people to miss their flights. Nor is this an anomaly. The problem is occurring all around the country at busy airports. – Bloomberg View
We’ve been writing about how Homeland Security is extorting passengers on behalf of the TSA PreCheck program.
You can see our articles on the subject HERE and HERE.
Our basic point is that Homeland is trying to build an extensive data-base of travelers.
Read More
Here’s Why the TSA Is So Terrible … Dozens of people were stranded overnight when the long security lines caused people to miss their flights. Nor is this an anomaly. The problem is occurring all around the country at busy airports. – Bloomberg View
We’ve been writing about how Homeland Security is extorting passengers on behalf of the TSA PreCheck program.
You can see our articles on the subject HERE and HERE.
Our basic point is that Homeland is trying to build an extensive data-base of travelers.
Read More
Imagine video of local council argument banned from YouTube over claim
by Bob Unruh, WND:
California routinely sets the standard for progressive legislation, adopting law after law that the rest of the country isn’t even considering. For example, California lawmakers adopted mandatory promotions of homosexuality in schools years before President Obama thought of it.
Now the state is at it again, proposing a bill that would let the state government and its branches copyright “all government works.”
As in everything. Even video images of public meetings.
The warning is coming from the Electronic Frontier Foundation.
Read More
by Bob Unruh, WND:
California routinely sets the standard for progressive legislation, adopting law after law that the rest of the country isn’t even considering. For example, California lawmakers adopted mandatory promotions of homosexuality in schools years before President Obama thought of it.
Now the state is at it again, proposing a bill that would let the state government and its branches copyright “all government works.”
As in everything. Even video images of public meetings.
The warning is coming from the Electronic Frontier Foundation.
Read More
by Chris “Kikila” Perrin, Underground Reporter:
The bees are disappearing. It is as simple as that. In what is most
certainly an issue that defies political boundaries, the growing
prevalence of honeybee colony collapse disorder (CCD) transcends
partisan politics and legislative rhetoric. With the honeybee being one
of the most important aspects of the human food system, a solution to
this mounting problem must be found.
A study published by the United States Department of Agriculture (USDA) earlier this month indicates that roughly 28 percent of American bee colonies were lost just this past winter. More shockingly, the same report shows that nearly half of all bee colonies in the U.S., 44 percent, were devastated over the past year. Despite annual statistics only having been collected for the past six years, current research is showing that bee colonies are failing even during the summer months — a time when colony health is expected.
Read More
The bees are disappearing. It is as simple as that. In what is most
certainly an issue that defies political boundaries, the growing
prevalence of honeybee colony collapse disorder (CCD) transcends
partisan politics and legislative rhetoric. With the honeybee being one
of the most important aspects of the human food system, a solution to
this mounting problem must be found.A study published by the United States Department of Agriculture (USDA) earlier this month indicates that roughly 28 percent of American bee colonies were lost just this past winter. More shockingly, the same report shows that nearly half of all bee colonies in the U.S., 44 percent, were devastated over the past year. Despite annual statistics only having been collected for the past six years, current research is showing that bee colonies are failing even during the summer months — a time when colony health is expected.
Read More
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