Thursday, June 30, 2016

Bill Clinton Holds 'Private' Meeting With Loretta Lynch As FBI Probes Hillary



"Our conversation was about his grandchildren. It was primarily social and about our travels. He mentioned the golf he played in Phoenix, and he mentioned travels he'd had in West Virginia. There was no discussion of any matter pending for the department or any matter pending for any other body. There was no discussion of Benghazi, no discussion of the State Department emails, by way of example..."
 

World's Most Systemically Dangerous Bank Crashes Back To Record Lows

Despite all the exuberance over the Brexit bounce in US (and UK) equities, never minds bonds, FX, and credit being far less enthusiastic, Deutsche Bank is plunging once again this morning. Having failed The Fed's stress test for the second year running and been diagnosed by The IMF as the world's most systemically dangerous financial entity, the giant Germanbank is getting slammed down almost 4% today, back near record lows as its 'Lehman-esque' path to devastation continues.

Chiacgo PMI Spikes To 18-Month High - 7 Standard-Deviation Beat - As Employment Crashes?!

Seriously!! Chicago PMI spiked to 56.8 in June (from 49.3) - higher than the highest estimate and seven standard deviations above expectations. This is the highest since Jan 2015. Simply put, the number is beyond any credibility, as despite higher orders and output, demand for labor fell as employment contracted at the fastest pace since November 2009.
  

Explaining The Latest Chaos In UK Politics


For those who are confused by the ongoing chaos in UK politics, the following primer should help explain everything.
 

Just a drill that was scheduled to start at 9:00 am...If anyone dies it was turned into another false flag event...

Andrews Air Force Base On Lockdown; Active Shooter Reported


Soros: Brexit Has "Unleashed" A Financial Crisis Similar to 2008


Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Brussels. "This has been unfolding in slow motion, but Brexit will accelerate it. It is likely to reinforce the deflationary trends that were already prevalent" Soros said.

In Shocking Move, Boris Johnson Says He Won't Run For UK Prime Minister, Tory Leader


In the latest stunning development out of UK politics, moments ago during a press conference in which Boris Johnson -the man who led the Leave campaign - was widely expected to announce he would run for UK premier and Conservative party leader, the former London mayor, who was considered a frontrunner for the post, announced he would not stand for premier or Tory leader.

Confidence Crushed Despite Collapsing Jobless Claims


The trend of jobless claims continues lower (despite a modest 10k rise this week to 268k from a revised lower 258k last week). The problem is... as we have shown numerous times, this 'measure' of the labor market appears to have seasinally adjusted itself into being totally-useless as an indicator of anything factual. With Consumer Confidence for over-55s at its lowest in 2 years, it seems the job exuberance is just not rubbing off...

World's Most Systemically Dangerous Bank Crashes Back To Record Lows


Despite all the exuberance over the Brexit bounce in US (and UK) equities, never minds bonds, FX, and credit being far less enthusiastic, Deutsche Bank is plunging once again this morning. Having failed The Fed's stress test for the second year running and been diagnosed by The IMF as the world's most systemically dangerous financial entity, the giant Germanbank is getting slammed down almost 4% today, back near record lows as its 'Lehman-esque' path to devastation continues.

Yuan Tumbles, Stabilizes After Reuters Report China Willing To Weaken Currency To 6.80


The biggest macro event overnight was a report out of Reuters that China's central bank is willing to let the yuan fall to 6.8 per dollar in 2016 to support the economy, which would mean the currency matching last year's record decline of 4.5 percent. The report promptly sent the offshore yuan tumbling, sliding much as 0.72% to 6.7021 per dollar, the lowest since January 11, however it promptly recovered losses following significant PBOC intervention in the open market.

Day 3 Of Global Post-Brexit Rally: European Stocks, US Futures At Session Highs


Day three of the post-Brexit rally continues, and after some initial weakness due to concerns about Chinese currency devaluation, both European stock and US equity futures were trading at session highs, facilitated by yesterday's stress test results which saw dozens of US banks unleash a tsunami of stock buyback announcement which in turn pushed S&P futures to new post-Brexit highs.

Why The Collapse Of The U.S. Economic & Financial System Has Accelerated

by Steve St. Angelo, SRSRocco Report:
The collapse of the U.S. economic and financial system accelerated this year, thus pushing the country closer to a third-world status. Most Americans are unaware of the dire consequences facing the nation, so they continue to believe business as usual will continue indefinitely.
Unfortunately, lousy reporting by the Mainstream media along with the public’s denial and delusional thinking is a recipe for disaster for most Americans over the next several years.
The U.S. economy is being propped up by a great deal of monetary printing, Fed stock and bond purchases and extreme leverage in all areas of the market. While these policies have given the “ILLUSION” of continued prosperity, or at best a sustainable slow growing economy, the debt now in the system is unsustainable.
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Four Ways to Sabotage the Brexit Verdict – Jeff Nielson

by Jeff Nielson, Sprott Money:
The Brexit vote will be rigged.
Regular readers saw that prediction in a recent commentary . The reasoning behind the prediction was straightforward.
The oligarch puppet-masters who control our governments would not/could not allow “Brexit” to succeed. In specific terms, it would spell the death of the EU, as other EU members would be inspired and empowered to undertake their own secession. In general terms, it would lead to more “dangerous thinking” by the People: further/greater initiatives to take back the control of their own nations.
We have seen the Puppet Masters resorting to election-rigging on a more and more frequent basis, as was spelled out in that previous piece.
Rigging the Brexit vote is (was) the easiest way to thwart the will of the People.
However, while that thinking was sound (as far as it went), in hindsight it now appears somewhat naïve. Yes, preventing Brexit is an absolute priority for the oligarchs, but there are many ways of avoiding this outcome despite the “Leave” vote. Yes, election-rigging has become a popular means of sabotaging what remains of our democratic process, which may be precisely why they decided against such a blatant form of political fraud in this scenario. Everyone was watching the Brexit vote. Yes, rigging the vote would have been the easiest way to frustrate the will of the People – but perhaps not the best way.
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Fast And Furious 2.0 — CIA Weapons Destined For Syria “Stolen” — Used To Murder Americans

by Justin Gardner, Activist Post:
If invading countries and drone bombing innocent civilians were not enough to promote death and destruction in the Middle East, the U.S. is also helping to flood the region with small arms.
As part of its effort to foment regime change in Syria, the CIA has been buying Kalashnikov assault rifles, mortars and rocket-propelled grenades in Eastern Europe for delivery to “moderate” Syrian rebels. However, it’s been revealed that truckloads of these weapons are being systematically stolen en route to the rebels.
The stolen weapons were then sold on the black market in Jordan at bazaars in Ma’an, Sahab, and in the Jordan Valley. Those involved in the theft scheme, worth millions of dollars, used the profits to purchase expensive SUVs, electronics, and other luxury goods.
It is also believed that some of the stolen weapons were used to kill two Americans and three others at a police training facility shooting in Amman in November.
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The Globalists Have Declared War on Nationalists

by Dave Hodges, The Common Sense Show:
Trump’s populist views of self-determination are sweeping the planet and the elite are in a sheer panic. Only a few weeks ago, the sheep of the planet were being marched to their Armageddon. The dumbed down masses have managed to mount a ninth inning rally that have sent the elite into frenzy.
Hillary Clinton Was Supposed to Usher in the New World Order Through the Fall of America
Two months ago, I called upon the Independent Media to step up their attacks on Hillary Clinton’s criminal behavior in a last-ditch and desperate effort to derail her presidential aspirations. After issuing my plea, I can happily report that I got more than I had hoped for. Merely a year ago, I was one of the few voices that was pounding away at Hillary Clinton’s sociopathic behavior. Today, the attacks are so bombastic and vitriolic, that I am joyfully reporting that I feel that my voice is being drowned out by a relentless chorus of voices that has Hillary Clinton in a death grip and they won’t let go. This is a great time for humanity. Even if the criminal elite unleash genocidal hell on Earth, at least humanity will die on their feet. There is absolutely no way that the criminal elite can stem the tide of rebellion against their corrupt and satanically inspired rule over the people.
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The Collapse of Western Democracy — Paul Craig Roberts

by Paul Craig Roberts, Paul Craig Roberts:
Democracy no longer exists in the West. In the US powerful private interest groups, such as the military-security complex, Wall Street, the Israel Lobby, agribusiness and the extractive industries of energy, timber and mining, have long exercised more control over government than the people. But now even the semblance of democracy has been abandoned.
In the US Donald Trump has won the Republican presidential nomination. However, Republican convention delegates are plotting to deny Trump the nomination that the people have voted him. The Republican political establishment is showing an unwillingness to accept democratic outcomes.
The people chose, but their choice is unacceptable to the establishment which intends to substitute its choice for the people’s choice.
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What Is The Government Preparing For?

by Michael Snyder, The Economic Collapse Blog:
You may not be getting prepared for a major national disaster, but the government sure is. I have been informed that in recent months numerous emergency food companies have been contacted by the government, and they have been told that their inventories could potentially be seized in the event of a significant emergency. And as you will see below, the government recently participated in an exercise that simulated “an unprecedented global food crisis lasting as long as a decade”. In addition, NPR has just revealed details about the very secretive Strategic National Stockpile program that is storing billions of dollars worth of medical supplies in warehouses around the nation. This is a program that most Americans do not even know exists. On top of everything else, strange reports of military vehicles with UN markings have been coming in from all over the nation. So what in the world is the government up to? Why are they working so feverishly hard to get prepared?
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ANOTHER HUGE RISE OF 2.67 TONNES OF GOLD INTO THE GLD/INTO SLV: 760,000 OZ — SILVER WAS THE STANDOUT ON WEDNESDAY RISING 52 CENTS

from Harvey Organ:
GOLD RISES $9.00 TO $1323.90/THE 40 YR JAPANESE BOND YIELD: .06%/THE GLOBE HAS OVER 11.7 TRILLION IN BONDS IN NEGATIVE TERRITORY/GERMANY THROW COLD WATER ON ITALY’S BANK RESCUE/USA CONSUMER SPENDING FALTERS
The June gold contract is an active contract. Tuesday night we had a fair sized 79 notices filed last night, for 7900 oz to be served upon today. The total number of notices filed in the first 19 days is enormous at 15,600 for 1,560,000 oz. (48.522 tonnes)
ii) in silver we had 0 notice filed for nil oz.. Total number of notices served in the 19 days: 616 for 3,080,000 oz
We now have only one day left before first day notice Friday. Options expiry on the OTC and LBMA contracts expire around noon tomorrow. It is quite something that gold/silver have been holding up quite well in this last week of June which is options expiry week. So expect a little weakness in the morning and then when options expiry is over, gold/silver will again rise northbound. Silver will again try its luck against the $18.50 barrier.
Read More @ Harveyorganblog.com

Big Banks May Get a Jolt When Fed Releases Final Results of Stress Tests Today

by Pam Martens and Russ Martens, Wall St On Parade:
Today, at 4:30 p.m., the Federal Reserve is scheduled to release the second leg of its annual stress tests of 33 banks holding $50 billion or more in total consolidated assets. The first leg of the tests was released last Thursday with all 33 banks getting a passing grade in terms of meeting the minimum capital cushion required. Today’s final round, called the Comprehensive Capital Analysis and Review (CCAR), will determine whether the banks are allowed to continue or increase dividend payments, conduct share buybacks or issue secondary stock offerings. This is the sixth annual round of stress tests conducted by the Fed since the financial crash in 2008.
In addition to the regular stress tests, eight large banks with significant trading and/or clearing operations are required to show losses if a major counterparty defaulted. Those banks are: Bank of America, Citigroup, Bank of New York Mellon, Goldman Sachs, JPMorgan Chase, Morgan Stanley, State Street Corp. and Wells Fargo.
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6 Crazy Things Trump Said He’d Do That the Government Is Already Doing

by Carey Wedler, The Anti Media:
As Americans cope with the possibility Donald J. Trump may soon be the next president of the United States, many have adopted the mindset that — because #NeverTrump — they must support Hillary Clinton’s bid for power. While this approach is flawed because Hillary Clinton is a reviled, corrupt war criminal and profiteer, resisting Trump’s looming fascism is doomed to fail for another reason: the United States government already does many of the most heinous things Trump has proposed.
1. The Surveillance State: An article in The Week published in February lamented that what makes Donald Trump truly terrifying “is the prospect of him at the helm of the American security apparatus. That could turn a merely bad presidency into a huge advance of authoritarianism, and perhaps the beginning of the end of constitutional democracy in the United States.”
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Peter Schiff: “This Is the Match That Ignites the Powder Keg”: Gold Surges As Brexit Sparks Huge Financial Crisis

by Mac Slavo, SHTFPlan:

The crisis has reached a tipping point, and is about to unfold in a massive way.
And with it, the price of gold will began to soar, as it serves a time-tested safe haven from extreme currency manipulations and, at least to some extent, global shock events.
That’s what economic expert Peter Schiff explains here in this crucial interview with Greg Hunter of USA Watchdog:
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Trump May Win Because His Populism Is in Line With Larger Elite Strategies

from The Daily Bell:
Trump slams globalization, promises to upend economic status quo … Donald Trump on Tuesday trashed U.S. trade policies that he said have encouraged globalization and wiped out American manufacturing jobs in a speech in which he promised to herald a U.S. economic resurgence. -CNN
We recently identified a growing global meme as one that is now pitting “populists” against “globalists.”
There has been, in fact, a populist consolidation with the passage of Brexit.
Trump represents populism in the US and Brexit presents a similar profile across the pond.
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