Friday, July 1, 2016

Recusal? Loretta Lynch 'Removes' Herself From FBI Probe Of Hillary Emails



Under increasing pressure to formally recuse herself from the Hillary Clinton email probe, following the exposure of her shockingly ill-advised one-on-one with Bill Clinton, Loretta Lynch has come out with a statement as close to 'recusing herself' - admitting cause - as is legally possible, in effect removing herself from the investigation's findings. Lynch announced that she "expects to receive and accept the determinations and findings of the Department's career prosecutors and investigators," in the email probe.
 

Secret Service Agent on Hillary: ‘She’s going to move towards a dictatorship’

She “has an explosive, dangerous personality,” book author described
by Adan Salazar, Infowars:
Democrat presidential candidate Hillary Clinton “has an explosive, dangerous personality” that makes her unfit for the office of US president, former Secret Service agent Gary J. Byrne revealed on the Alex Jones Show Thursday.
Recounting his time during the Clinton White House years, Byrne described Hillary as a vindictive shrew who treated her staff as subhuman garbage.
“She has this inability to focus on the problem. She seems to focus on what caused the problem,” Byrne, author of the new book “Crisis of Character,” said.
“I’ve seen her berate staff that were supposedly friends of hers to the point that they were terrified of her.”
Read More

Lending Club's Biggest Fund Slammed With Redemptions For 58% Of Assets, Posts First Ever Negative Month

More bad news for Lending Club, which as of June 17 saw its largest fund slammed with $442 million in redemption requests, or 58% of its overall assets, forcing it to gate redemptions. Worse, as the WSJ adds, it is now expected to report its first-ever negative month, after 63 consecutive months of positive returns.


RED ALERT: NOW THEY’RE COMING FOR OUR RETIREMENT MONEY

by SGT, SGT Report.com:

I received a document from Paychex today which is the administrator of one of my 401K accounts… and they have announced that they are going to move all cash in NON-government ‘Federated CASH Obligation’ money market accounts to ‘Federated Government Obligations‘.
Since my 401K money is invested in three different precious metals funds this announcement does not affect me, however it will impact many other unsuspecting would-be retirees who falsely believe that their money is “safe” and “liquid” in a money market account. This is the slippery slope into government forcing account holders to invest in government debt (Treasuries), and it’s exactly what we’ve been warning about. As for me, I’m going to roll that particular account over and away from the control of Paychex.
Dave Kranzler from Investment Research Dynamics joins me to dissect the document and to shed some light on the recent huge moves in silver.

S&P Slashes US Economic Growth Outlook, Blames Brexit



Is this even allowed? It appears S&P has joined the cynical, skeptical ranks of fiction-peddlers and has axed its economic outlook for the US economy.

Police Called To Elementary School After 3rd Grader Makes 'Racist' Comment About A Brownie



So this really happened...Any society that puts up with this crap for long is doomed to irrelevance.

Silver Breaches Key Resistance, Soars To 21-Month Highs Against Gold



Silver is up over 11% in the last 6 days (the most since Aug 2013) since Britons decided to leave the sinking ship, pushing the white metal above the key $19.50 level - back to its highest since September 2014. Gold has been in great demand also, heading for its 5th straight weekly gain after its best start to a year since 1980 as one analyst noted "gold will remain one of the major beneficiaries in the current backdrop, as heightened volatility and lingering uncertainty will keep investors' risk appetite in check." Silver's recent surge has seen it play catch up to gold, now back at its 'richest' to gold since September 2014.

Austrian Court Orders Rerun Of Presidential Election After Finding "Widespread" Voting Fraud



Austria’s Constitutional Court ordered a rerun of the runoff round of country’s presidential election, giving Freedom Party candidate Norbert Hofer a second chance of becoming the first right-wing populist head of state in postwar Western Europe. The court found law violations in “many districts” in how the May 22 second-round vote was carried out.

Explaining Social Anger, Brexit, Donald Trump In One Chart



Voters are angry. Donald Trump, Marine Le Pen, Nigel Farage, UKIP, and the AfD party in Germany have all been accused of stirring up anger and hatred. But anger is not the problem. None of those individuals or political parties are the problem. Income inequality, the shrinking middle class, angry voters, and the rise of extreme political parties are all symptoms of the real problem: Central banks and their inflationary policies.

Stocks Near All Time High Despite 16 Straight Week Of US Mutual Fund Outflows, Historic "Redemption Day"



The new normal sure is strange: with the S&P flirting with all time highs, not to mention staging another dramatic V-shaped comeback from the post-Brexit crash which saw S&P futures trade limit down a week ago, investors keep on selling. According to Lipper data, U.S.-based stock mutual funds, which are held by retail mom-and-pop investors, posted cash withdrawals of $2.8 billion over the weekly period ended Wednesday; this was the 16th consecutive week of outflows.

Puerto Rico Defaults On $2 Billion In Debt Payments



As expected, Puerto Rico will default on about $2 billion in debt payments Friday, including $780 million in constitutionally-backed general obligation bonds, as governor Alejandro Garcia Padilla has issued an executive order authorizing the suspension of payments. In addition, Garcia Padilla also declared states of emergency at the island's biggest public pension - the Commonwealth's Employee Retirement System - which is more than 99% underfunded.

Futures Stumble As Global Bond Yields Drop To All Time Lows, Precious Metals Spike



Whether it is due to the conclusion of quarter-end window dressing, or due to a more poor manufacturing data out of China overnight, but the new quarter is starting off poorly for risk with Europe flat and US equities lower, while the scramble for safety means that bond yields across the developed world just hit new all time lows as precious metals are surging once again on ongoing speculation central banks will do anything to keep markets propped up and buy up even more assets.

US Treasury Yields Hit New Record Lows



Finally. With bond yields across the rest of the developed world already making new record lows every day, only the US had so far refused to take out all time lows set back in 2012. That finally changed overnight when the 10Y Treasury dropped -9 bps to 1.3784%, while the 30Y declined by the same amount, sliding as low as to 2.1914%.

German Stocks Facing Must-Hold Level



Like many equity markets globally, the German DAX is testing critical trend support stemming from the 2009 lows.

Belgium Is Seeing A Surge In Citizenship Requests From UK Expats



“Normally we rarely have anybody requesting information about citizenship,” said a spokeswoman for Woluwe Saint Lambert. “Since Friday there has been an explosion.”

If The UK Economy Tanks, Don't Blame Brexit



Last Thursday, the people of Britain voted in a referendum to leave the European Union (EU). Most commentators view Britain’s exit (“Brexit”) from the European Union as bad news for economic growth in the UK and the eurozone. As a result, it is argued, the growth rate in the rest of the world will be also badly affected. It is more likely that, whether the pace of real economic growth over time will weaken or strengthen is going to be set by the pace of expansion in the pool of real wealth.

Italy Granted "Extraordinary " €150BN Bank Bailout Program To Prevent "Panic, Run On Deposits"



The European Commission has authorized Italy to use government guarantees to create a precautionary liquidity support program for their banks, a spokeswoman for the European Union’s executive arm said, adding that the program was approved under the bloc’s "extraordinary crisis rules for state aid." Prime Minister Matteo Renzi hoped to use a liquidity backstop to contain investor panic, which could result in a run on deposit and affect banks’ liquidity.

Two Union Workers In Spain Haven't Shown Up For Work In 15 Years



Imagine having a job where you didn't actually show up for 15 years, but you continued to get paid - that would be a pretty amazing gig wouldn't it? Well, as it turns out, two guys in Jerez, Spain actually pulled that off.

The Italian Job: "How Did Things Go So Bad?"



How on earth did things go so wrong? Could it be as simple as power-mongering and greed? To rob a line from the 2003 Italian Job, “There are two kinds of thieves in this world: The ones who steal to enrich their lives, and those who steal to define their lives.” Could it be that average working Italians, especially those who have been around for a good long while, feel as if they’ve been victims of both of the two kinds of theft, doubly wronged? “Basta!” their voices scream in defiance. Enough is enough!


Top 13 Holes In The Official Orlando Narrative

by Makia Freeman, The Sleuth Journal:
The official Orlando narrative spun by the MSM (Mainstream Media) on behalf of the US Government is yet another brazen piece of propaganda designed to fool casual onlookers who haven’t investigated the matter fully. Now that it has been over 2 weeks since the incident and the dust has somewhat settled, it’s clear to see that Orlando was another blueprint false flag operation to spread fear, stoke Islamophobia, promote gun control and strip your rights. Orlando was the latest in a long string of false flag operations that have gained significant publicity in recent times, starting with 9/11 (the grand daddy false flag attack) and including the Aurora Batman shooting, Sandy Hook, the Boston Marathon bombing, Paris I, Paris II and San Bernardino among others. As usual, the official narrative has many inconsistencies and anomalies. Here is a list of the top 13 holes in the Orlando narrative as it been told to us, showing why it always wise to critically question any MSM or governmental narrative.
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The 8 Most Dangerous Medicines on Earth… Are You Taking Any of These?

by S. D. Wells, Natural News:
“It’s time to take your medicine, honey.” “But Mom, it’s making me feel weird and horrible, and I’m not getting any better.” “Well, it’s what the doctor prescribed, so it’s what we have to do.” Have you ever been told to listen to your gut? There’s a reason for that. Actually, several reasons.
Many “Western” medicines are made in laboratories using chemicals and are highly experimental, and worse yet, they’re never tested on humans, except when they’re actually prescribed, applied, or injected into them. Humans are the ultimate guinea pigs in America, while Big Pharma pockets trillions in profit. How did this all come to be? Simple answer: After WWII, Nazi scientists were hired fresh out of prison to work on pharmaceuticals, vaccines, chemotherapy, and chemical food additives, in order to fuel the most insidious business on earth–allopathic medicine. It’s no conspiracy theory either. The horror that took place at the Holocaust in Germany was continued, on a lesser scale, in the United States, for money.
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Get On The Goldwagon To $10,000

by Egon Von Greyerz, Gold Switzerland:
Between 1999, when gold bottomed at $250, and the 2011 peak at $1,920 there was only one major correction lasting 8 months in 2008. The ensuing correction from the 2011 top at $1,920 of almost $900 seemed to take an eternity until it finally finished in December 2015. During those four years it was always clear to me that the uptrend in the precious metals was still intact although I must admit that I did not expect a correction of that duration. But after a long life in markets, patience becomes a virtue that is absolutely essential. If your investment decisions are based on sound principles at the outset, there is no reason to change your opinion because the market takes longer to accomplish what it must do.
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Greg Hunter-Weekly News Wrap – Loretta Lynch, Clintons, ISIS, Deutsche Bank and a “Panic Run on Deposits”

from Greg Hunter:

Greg Hunter of USAWatchdog.com analyzes the top stories of the past week in the Weekly News Wrap-Up.

Gun Used in Paris Terrorist Attacks Came from Phoenix

by Dave Hodges, The Common Sense Show:
Law Enforcement Sources: Gun Used in Paris Terrorist Attacks Came from Phoenix
Judicial Watch is reporting the following:
“One of the guns used in the November 13, 2015 Paris terrorist attacks came from Phoenix, Arizona where the Obama administration allowed criminals to buy thousands of weapons illegally in a deadly and futile “gun-walking” operation known as “Fast and Furious.”
A Report of Investigation (ROI) filed by a case agent in the Bureau of Alcohol, Tobacco Firearms and Explosives (ATF) tracked the gun used in the Paris attacks to a Phoenix gun owner who sold it illegally, “off book,” Judicial Watch’s law enforcement sources confirm. Federal agents tracing the firearm also found the Phoenix gun owner to be in possession of an unregistered fully automatic weapon, according to law enforcement officials with firsthand knowledge of the investigation.
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SILVER BREAKS OUT FROM ITS LAST BARRIER OF $18.50 AND IMMEDIATELY PROCEEDS TO CLOSE IN THE ACCESS MARKET AT $18.78/IMF ADMITS THAT DEUTSCHE BANK IS THE GREATEST RISK TO THE FINANCIAL SYSTEM

from Harvey Organ:
DEUTSCHE BANK AGAIN RETREATS/ITALIAN BANKS ARE IN SERIOUS TROUBLE AS THE EU MEET AND TRY TO RESCUE THIS MONSTROSITY/BORIS JOHNSON IS OUT OF THE RUNNING FOR UK PRIME MINISTER
Thursday was the last day for June gold contract. Last  night we had a fair sized 185 notices filed last night, for 18500 oz to be served upon today.  The total number of notices filed in the first 20 trading days is enormous at 15,785 for 1,578,500 oz.  (49.09 tonnes) This completes June gold
ii) in silver we had 0 notice filed for nil oz. for the June contract month.  Total number of notices served  in the 20 days: 616 for 3,080,000 oz
Thus we can safely say that the final amounts standing for gold is 1,578,500 oz for 49.09 tonnes:
For silver:  616 notices for 3,080,000 oz
Read More @ Harveyorganblog.com

SET UP? THE FBI HAS BEEN VISITING PROTESTERS AHEAD OF THE RNC

by Piper McGowin, The Daily Sheeple:
It is being referred to as “community outreach”.
Via Cleveland.com:
Randy Cunningham was in his garden when two Cleveland detectives knocked on the door of his Cleveland home recently to question him about his protest plans for the Republican National Convention…
As my colleague, Andrew Tobias, first reported last week, the law enforcement investigators are visiting the homes of local activists in an effort the FBI described – in Orwellian terms — as “community outreach,” aimed at making the convention “safe and secure.”
Totally reassuring isn’t it?
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