Friday, July 15, 2016

French Terror Suspect Named As Mohamed Lahouaiej Bouhlel, A "Well-Known" Tunisian Criminal



The driver of the truck used to kill over 80 people in last night's terrorist attack in Nice France is from Nice and is of Tunisian origin, aged 31, called Mohamed Lahouaiej Bouhlel. Police raided his apartment in the Nice Nord district this morning. He works as a delivery driver and is known for criminal acts, including violence, but any radicalisation has gone unnoticed.

Dramatic Footage Shows Moment Police Killed Nice Terrorist

Moments ago, AP released footage of French terrorist Bohlel's final moments as he engaged the police. This is what the Tunisian's last shootout looked like just around 11pm local time.

How The World Reacted To The Nice Bastille Day Massacre

From shock to solidarity and from aggressive reality checks to passive toothless solutions, the world's leaders responded in many different ways to the horrific attack last night in Nice, France. However, it is one seasoned veteran trader's response that is perhaps most poignant. However, it is French PM Valls who has stirred up the most angst by exclaiming "Ignore the hysteria, Europe can live with terror."

84 Dead, More Than 100 Injured After Truck Plows Into Crowd In Nice, France

In latest European terrorist attack on French soil, a truck plowed into the crowd on Promenade des Anglais in Nice, France this evening during a fireworks show celebrating France's Bastille Day holiday.   The truck was seen mounting the pavement and piling into anyone the driver could see, ramming over those who tried to run away. According to latest reports, 84 people have been killed and over 100 injured.

The Gold Rally YOU DO NOT SELL: Legendary Gold Trader Jim Sinclair Issues “The Most Important Article You Will Ever Read”

by Jim Sinclair, Silver Doctors:
I have asked Editor Dan to post Stockman’s article in total today on JSMineset because here is where we are now and where we are going in the future in a much larger way than anything before.
I have been looking for the reason for the Fed’s Chair visit at the White House recently. What this will do is bury the fiat currency system in terms of buying power. It is already dead as a storehouse of wealth. The carrot on the string to own money, interest rates, are presently history. This is what the present administration and its economic clone democratic candidate are counting on.
This is the substance that the meeting between the Federal Reserve and the White House was all about. This has just been made public down under by a Fed female personality where it is least apt to be publicly discussed. It is simple money printing hidden in complexity so you have to change your understanding of the expanded QE theory. If you will not first read this then make the effort, you are lost. Please make that effort.
Unless we get rid of the Fed we the 99% are all dead financially and literally.
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US Industrial Production Declines For 10th Straight Month - Longest Non-Recessionary Streak In History


Following a 0.3% decline in May, Industrial Production rose 0.6% in June (better than the 0.3% rise expected) but year-over-year remains lower (-0.7%) for the 10th straight month. This is the longest non-recessionary streak of industrial production declines in US history. Gains on the month were driven by motor vehicle assembly (which is ironic givenm near-record inventories), but Q2 ended with a decline of 1.0% - the 3rd quarterly decline in a row (also not experienced without a recession).

Caught On Tape - CNN Reporter Cut Off Air As She Critiques Hillary Clinton


So did CNN intentionally pull the plug on its reporter, or was it just a convenient coincidence. We’ll let you decide...

Fed Cornered: Core CPI Jumps Near 4 Year Highs As Rent Rises At Fastest Rate In 9 Years


“We’re starting to see upward pressure on the inflation numbers,... reinforces the case for the Fed to resume tightening, though they’re highly risk averse right now.”

Retail Sales Jump On Downward Revisions, Hover At Recessionary Ledge


Having slowed in May after April's spike, US Retail Sales in June jumped notably by 0.6% (much better than the expected 0.1% rise) but a lot of this was due to a considerable downward revision (from +0.5% to just +0.2%). Year-over-year, headline retail sales rose modestly to +2.7% but continues to hover at the recessionary ledge. Vehicle sales rose very modestly (+0.1%) after a 0.5% MoM decline in May but a slide in clothing sales was offset by a surge in building materials sales.

Empire Fed Unexpectedly Drops As New Orders Tumble, Labor Conditions Deteriorate


While recent regional Fed manufacturing indices had shown a pickup in recent weeks, moments ago the Empire Fed, aka the New York State manfucaturing index, disappointed, declining five points from 6 to 0.55, below the 5.0 expected print. The volatile series has now printed below zero, at zero, above zero, below zero, above zero and at zero over the past 6 months.

"Helicopter Money" Won't Fix What's Broken


The mere mention of helicopter money has intoxicated global stock markets, which have soared on the rumor of Japanese helicopter money. But, central banks funding fiscal spending (i.e. helicopter money) will only have a weak and entirely indirect effect on profits or stock market valuations. The problem with helicopter money is that it cannot fix what's broken in the economy - and even worse, it perpetuates every inefficient, corrupt, bloated and unsustainable system in the status quo.

Ackman Crushed: Herbalife Soars 14% After FTC Concludes "Not A Pyramid Scheme"


Two years after Bill Ackman unleashed the longest presentation in the world and battled Carl Icahn over his "take it to the grave" short position in Herbalife, it seems the hedge fund manager just got a death blow from The FTC: FTC SAID TO DETERMINE HERBALIFE IS NOT PYRAMID SCHEME, TO ANNOUNCE $200M SETTLEMENT TODAY: DJ And HLF is soaring 14% in the pre-market... well above Ackman's short entry level from July 2014.

BofA: "Monday Is When The Bears Capitulated", Now Stampeding Into Equities


Bank of America's Michael Hartnett (who has been bearish throughout the recent central-bank inspired rally, as have been most professional investors), looks at the latest EPFR fund flows data,and concludes that Monday is when the bears finally capitulated.

How Did China's GDP Beat? By "Shoveling A Stunning Amount Of Cash Into The Economy"


China's modest GDP stabilization has come at a cost, a big one. Instead of tackling a debt pile estimated by Rabobank at a gargantuan 3.5x of the economy’s size, policy makers are only making it worse with a renewed credit binge. "The amount of cash Beijing is shoveling into the economy is stunning," said Andrew Collier.

Global Corporate Defaults Just Hit 100, On Pace To Surpass Financial Crisis Record


With half of 2016 in the history books, corporate bond defaults just hit the milestone "century" mark, or 100, last week, rising by 50% from the number of bankruptcies at this time last year and the highest level since the US emerged from recession in 2009. What is most troubling is that at the current run-rate, with half of 2016 still to come, the global debt default total is on pace to surpass 2009 for the all time corporate bankruptcy record.

Global Stock Rally Halted In Aftermath Of Latest French Terror Attack


The tremendous rally of the past 4 days that has sent global stocks soaring in recent days has finally been capped and European shares, S&P futures are all modestly lower following a deadly terror attack in Nice, France. Meanwhile Asian stocks rose as Chinese economic data beat estimates, with Q2 GDP rising by 0.1% more than the estimated 6.6% on the back of stronger housing data.

Could Italy Bring Down The Euro?


"A perfect storm of slow or zero Italian economic growth, low interest rates and politically connected, often corrupt, lending have combined to create a situation where the Italian financial system is in need of a large rescue."

The UK Is Now "At The Front Of The Queue" As America Rushes To Pass A Trade Deal


As it turns out, not only is the UK not at the back of the queue, it now finds itself at the very front. As reported by the FT, the Obama administration has begun preliminary discussions with senior UK officials about how they might pursue a trade agreement between the two countries following Britain’s exit from the EU, Washington’s top trade official said.

Piling On: EU's "Competition Enforcer" Lays More Charges On Google

The entire notion there needs to be a “Competition Enforcer” is idiotic in and of itself. People use Google because they like Google. Others use Firefox because they like Firefox. The market is fully capable of deciding what needs to be, not “competition enforcer” bureaucrats demanding mediocrity. Margrethe Vestager and her nannycrat idiocy provides a stellar example as to why the UK should be pleased to be out of the EU.

Fed Loses Another Excuse As China "Super Friday" Data Dump Beats Expectations


China's 'Super Friday' data dump arrived and despite the 10% devaluation in the Renminbi basket over the past year, and an utterly incredible spike in borrowing (new loans spiked again in June!!), China economic data merely muddles through in its centrally-planned goal-seeked way. Earlier 'researchers' proclaimed Chinese GDP at around 6.5% but China GDP grew at 6.7% YoY (beating expectations of 6.6%). While Fixed Asset Investment disappointed (+9.0% vs +9.4% exp), Retail Sales (+10.6%) and Industrial Production (+6.2%) beat expectations.

Are These 5 Mysterious Deaths Arkancides?

from TRU News:
Vero Beach, FL – (TRUNEWS) Has the body count begun? These are five unsolved deaths from election cycle 2016 which leave you wondering who else may die before the November elections.
1. Jake Brewer, 34, Sep. 20 2015:
Jake had worked on technology policy at the White House since this summer and was a top Obama adviser at the White House’s Office of Science and Technology Policy. Brewer was killed Saturday afternoon near Mount Airy, Md., on a charity bicycle ride, when he hit an oncoming car, according to The Washington Post.
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Red Flags Everywhere, Central Banks Admit The Economy Is Collapsing – Episode 1022a

from X22Report:

Initial jobless claims are at 43 year lows even despite the job market deteriorating. 81% of US incomes are flat or declining since 2008. Producer prices are increasing showing inflation has arrived. Wholesale signalling recession just like in 2001 and 2008. Japan most likely will not be able to enact helicopter money because its against the law in Japan. The housing market is rolling over and there are three signs that say this is true. It’s official the Fed just signaled that their policy has not helped the economy, in fact, the admit its collapsing.

French Mayor Says ‘No More Muslims’, Orders The Destruction Of The Infamous Calais Camps And Expulsion Of Over Seven Thousand Muslims

by Walid Shoebat, Freedom OutPost:
It is about time.
We have reported here extensive on Shoebat.com about the “Calais jungle”- the once popular French tourist town turned into a third-world Muslim hell on earth where violence is rampant, rapes are random, and non-Muslims are hated with a passion. Calais is not just a “black spot” on Europe, but many Europeans look at is as the face of Europe’s future if Islam takes over.
It has taken a long time, but the French are finally pushing back against the Muslims in Calais. So much is the pushback that the mayor of Calais has promised to destroy a large part of the camp and displace thousands of Muslims in the process:
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The Fed’s Final Solution

by Dave Kranzler, Investment Research Dynamics:
Today is Bastille Day in France which celebrates the overthrow of the French feudal monarchy and the establishment of a Constitutional Monarchy. The storming of the Bastille was a key event in the French Revolution.
It’s ironic that the course of the U.S. Government, and it’s original “Bill of Rights” foundation upon which the French “Declaration of the Rights of Man and of the Citizen” was based, is going in the opposite direction of the gift given to us by the Founding Fathers.
The 3rd massive stock market bubble in 16 years is emblematic of the fraudulent Ponzi scheme that has engulfed the United States political, economic and financial system. The Fed now as much as openly admits that it is driving the stock market higher, ostensibly with the goal of stimulating economic growth.
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The Financial Markets End Game

by Andy Hoffman, Miles Franklin:
Yesterday (Wednesday) morning, I wrote “everything they do now is about market manipulation.” As, having watched the powers that be’s’ “response” to the extreme financial turmoil caused by Brexit – i.e., the same response as to August’s Yuan devaluation, December’s Fed rate hike, and February’s ECB and BOJ NIRP/QE announcements; I realized that the entirety of their “crisis response” regards the support of “favored” markets like stocks and bonds, and suppression of “unfavorable” ones like Precious Metals. To the point that it has become, frankly, embarrassing to watch.
To wit, amidst the unequivocally worst global economy of our lifetimes, featuring record, parabolically surging debt; a full-blown currency crisis; geopolitical instability unparalleled in the post-war era; an expanding European banking crisis, to the point that governments and corporations alike are begging for bailouts; and the lowest commodity prices since the 2008 crisis; no financial shock is unworthy of catapulting “last to go” stock indices like the “Dow Jones Propaganda Average” to new all-time highs. That is, when QE, ZIRP/NIRP, and even “helicopter money” have become official, nearly universal government policies.
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Toddler Injected With 37 Vaccines Before the Age of Two Left Paralyzed for Life

by Isabelle Z., Natural News:
At just 17 months of age, Otto Coleman’s life changed drastically and suddenly. After receiving a shocking number of vaccines – 37 to be exact – he ended up being paralyzed with transverse myelitis, and will spend the rest of his life in a wheelchair.
His father, Joshua Coleman, said that he took a close look at his son’s vaccination records and was startled by what he found. “At seventeen months old, he had received thirty-seven vaccines, which is about three times the amount I got in my entire adult life.”
He said that doctors initially gave him the runaround, despite initial MRIs pointing to vaccine injury as the likely culprit. Incidentally, this was later proven to be the cause at Johns Hopkins. He says that doctors did not seem too interested in investigating to pinpoint what made his son go from being a normal toddler who was walking and running to someone who would be confined to a wheelchair for the rest of his life. He says no one told him about the Vaccine Injury Court, and he was taken by surprise by the expenses that were involved in taking care of his paraplegic son. That’s why he fought against SB277.
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Former Admiral Urges America to Prepare for Imminent Naval Battle with China

by James Holbrooks, Underground Reporter:
In a congressional hearing on Wednesday, former Director of National Intelligence and retired Navy admiral Dennis Blair told the panel that the United States should be prepared to use military force to oppose Chinese aggression in the South China Sea.
“I think we need to have some specific lines and then encourage China to compromise on some of its objectives,” Blair, who headed the U.S. Pacific Command while in the Navy, said at the hearing.
The admiral’s recommendation came the day after a United Nations tribunal invalidated China’s claim of territorial rights to nearly all of the waters in the South China Sea. Other nations in the region — including the Philippines, who brought the action against China in 2013 — also claim sovereignty in that zone.
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