Wednesday, July 20, 2016

Wikileaks Is About To Expose The Turkish 'Coup', But Someone Is Trying To Silence Them



Wikileaks claimed Monday it was under attack after it announced it would release hundreds of thousands of documents related to Turkey and the failed military coup attempted Friday.
 

Stock Markets At Record Highs And Everybody's Miserable. So, It's Different This Time?

Want a few “It’s different this time” reflections? Consider these...


"Wrong Way Gatman"

Oil Surges After Gartman Exits Crude Long

"this aggressive “bidding” is sufficient to cause us to abandon our modest, one unit long positions in crude immediately upon receipt of this commentary. Being wrong is part of the business we are in; remaining wrong is anathema and the market is about to tell us that we are very, very wrong."

Nightmare on Wall Street: Republicans & Democrats Agree on Reinstating Glass-Steagall Act

by Wolf Richter, Wolf Street:
I can already hear the sloshing sounds of money.
An amazing thing happened at the Republican Convention when some unexpected language showed up in the official 66-page Republican Platform 2016, a document that a delegate from Texas enthusiastically called, “the most conservative platform in modern history.”
And therein is this sentence:
We support reinstating the Glass-Steagall Act of 1933 which prohibits commercial banks from engaging in high-risk investment.
It’s followed by this bit of wisdom: “Sensible regulations can be compatible with a vibrant economy….” By extension, reinstating the Glass-Steagall Act would be that “sensible regulation.”
Read More

"The Bernank" to Japan “Try Perpetual Debt”

from McAlvany Financial:

– Fake Coup in Turkey: Visions of Renewed Caliphate?
– Credit Suisse warns that stocks are too high
– Nobel Prize winner Obama leaves $20 TRILLION debt legacy


Pol Pot 2.0...

Erdogan’s Staged Coup Has Resulted In A Purge Of 50,000 Teachers, Judges, Soldiers And Government Officials

by Michael Snyder, The Economic Collapse Blog:
Barack Obama’s “friend” in Turkey is a deeply corrupt radical Islamist dictator that has just staged a coup to consolidate his grip on power. As I have reported previously, 1,845 “journalists, writers and critics” have been arrested for “insulting” President Erdogan over just the past two years, and a couple of years ago he had a monstrous 1,100 room presidential palace built for himself that is 30 times larger than the White House. With each passing day, more evidence emerges which seems to indicate that the recent “coup” was a staged event meant to enable Erdogan and his allies to eliminate their enemies and solidify their stranglehold over the nation. At this point the number of victims of “Erdogan’s purge” has hit 50,000, but the final number will not be known for quite some time.
Of course there is a possibility that the coup was not staged, but if it wasn’t staged it was the worst military coup that I have seen in my entire lifetime. As Fox News has pointed out, not a single high level member of government was killed or detained…
Read More


Unexpected Gasoline Inventory Build, Production Rise Spark Crude Chaos




Following last week's surprise Distillates build (and bounce in production) and API's overnight surprise Gasoline build, DOE data this morning was mixed confirming the 2.3mm draw in overall crude inventories (9th weekin a row) but surpringly large builds in both Cushing and Gasoline inventories (expectations were for draws). Oil prices were chaotic - running stops high and low - as algos noted crude production also rose (for the 2nd week in a row).

"The Market's In Conflict" - 11 Red Flags In A Sea Of Green




Having tagged last Thursday's intraday highs, S&P futures are fading this morning (for now), as Bloomberg notes, U.S. stock-market internals are exhibiting conflicting signs as the rally in the S&P 500 Index approaches 10% from the low reached after Brexit.

Exposing The Fatal Flaws In Self-Serving Obama-Sponsored Study Which Concludes "Student Debt Helps Economy"




When you want to get your message across, you sponsor a study that is 100% guaranteed to come to the conclusion you demanded from the outset. In this case, a White House study allegedly proves Student Debt Helps, Not Harms, the U.S. Economy. However, the study is fatally flawed... just don't tell the mainstream media.

HSBC Global Head Of FX Cash Trading Arrested At JFK Airport




A historic event took place moments ago when Mark Johnson, the global head of cash FX at HSBC was arrested at JFK airport for his role in a "conspiracy to rig currency benchmarks", and specifically for frontrunning customer orders. He is the first person charged by the US in the ongoing FX rigging probe.

Currency Tumbles, Credit Risk Spikes As Turkey Considers 'State of Emergency'





Following yesterday's market 'warning' that Erdogan may have taken things too far, Turkey's currency and credit risk markets are in further disarray today as Turkey’s National Security Council will consider calling for a state of emergency according to ruling AK Party deputy head Cevdet Yilmaz.

Massive Fire Breaks Out In 75 Floor Dubai Skyscraper




In what is the latest outbreak in Dubai's recent incendiary "epidemic", shortly before 3pm local time a fire broke out at a 75-floor residential tower in Dubai, the fifth blaze in a skyscraper in the oil-rich United Arab Emirates in recent years.

As Erdogan's Historic Purge Claims 50,000, Turkey Set To Unveil "Emergency Measures"




Erdogan's historic purge of dissidents and adversaries - many of which curiously are to be found in the country's educational system - continues, and according to the latest count a total of around 50,000 soldiers, police, judges, civil servants and teachers have been suspended or detained since the coup attempt. Also today, Turkey said it would announce emergency measures on Wednesday to try "to shore up stability and prevent damage to the economy

IMF Called "Clowns" After Admitting They Fabricated Brexit Doom And Gloom




"The IMF has serious credibility problems. It has been seriously wrong for years. I hope that one of the things that the new government does is push to have some credible people running this institution... rather than the clowns currently running it," exclaimed UKIP MP Douglas Carswell, pointing out Lagarde's legion of fools flip-flop that the British economy will grow faster than Germany and France in the next two years - only weeks after its doom-laden warnings about Brexit.

Morgan Stanley Beats Despite 9% Drop In Revenue, Helped By Cost-Cutting, Strong FICC; Shares Jump




Following the example set by the other banks, earlier today Morgan Stanley, the last big bank to report earnings,  said its profit fell 12% in Q2 on a 9% drop in revenue even as the company weathered volatile markets that affected its investing and corporate clients. The EPS of $0.75, however, beat sharply lowered expectations of $0.60 on the back of sharp cost-cutting measures, pushing its shares up 3% in the premarket.

In Surprising Move, Twitter Permanently Bans Conservative Commentator Milo Yiannopoulos




On Tuesday night, in a surprising move, Twitter permanently banned conservative commentator Milo Yiannopoulos from using its service. Yiannopoulos, an editor for prominent conservative website Breitbart.com, has been known for making provocative statements on Twitter and elsewhere. Twitter said the suspension was part of a wider move to block a number of user accounts for abuse and harassment after Ghostbusters actor Leslie Jones on Monday drew renewed attention to the issue and announced she would quit the social media site.

US Futures Rise To Session Highs, Set For Another Record Open; Global Stocks Jump




After yesterday's positive close in the Dow Jones, which hasn't had a losing day since July 7 and which took the series of consecutive green closes to 8 in a row - the longest stretch since 2013 - the index will look to lock in its 9th green day in a row with futures currently trading well in the green. It's not just the US - equities edged higher in Asia and Europe as positive earnings results from some of the world’s biggest companies countered concern the global economy is losing steam. The dollar strengthened while gold retreated.

Trump 'Close Friend' Unleashes Economic Reality Check: America Is "Lost In The Black Hole Of Entitlement"




"Citizens everywhere are unhappy with their governments and angry with their leaders. They are no longer interested in a political rhetoric that they do not understand and that has no value in their lives. Monetary policy, trade policy technological disruption and the array of issues that make up globalization are simply a parade of unintelligible horribles to the average working class citizen."

How Serious Is Sweden's Fight Against Islamic Terrorism And Extremism?




Like all other European countries, Sweden is trying to fight against jihadists and terrorists, but it often seems as if the key players in Sweden have no understanding of what the threats are or how to deal with them.

Democrats 'Feel The Churn'




"principles..?"

Austria Presidential Election Take II: Nice, Turkey Should Help Anti-Immigration Hofer On October 2




Austria presidential election take II is coming up on October 2. It's a rematch of the May 22 runoff that pitted anti-immigration candidate Norbert Hofer of the FPÖ party against Alexander Van der Bellen of the Greens. Events in Nice and Turkey should help anti-immigration candidate Norbert Hofer. If so, the election will be another hair-raising event for Brussels.

Erdogan Unleashes Unprecedented Crackdown: Fires All University Deans; Suspends 21,000 Private School Teachers




In an unprecedented move, Erdogan has taken his putsch to the next level, and after sacking 20,000 government workers, army, police and ministry workers, he has purged a mind-blowing 40,000 educators working for Turkey's private school and univeristy system.

If Trump Tries To Remove ISIS, Will He Be Removed?




If Trump really does try to wipe ISIS out – or drastically reduce the power of NATO – will he be risking his own health and well-being? The US is run by corporatist and military entities. Will they hesitate to intimidate or remove Trump if he tries to end ISIS? Western war-interests always need an enemy after all.

'Pokemon Go' Bubble Bursts: Nintendo Tumbles As Indonesia Issues "National Security Threat"




Indonesian officials have warned that 'Pokemon Go' is a "national security threat," and military headquarters have banned personnel from playing the game while on duty, according to Jakarta Post. It appears the 'Pokemon Go' bubble is bursting, after surging 120% in 8 days, Nintendo is down over 12% today (as the bubble passes over to McDonalds Japan, which is up 12%, after reports of sponsoring 'Pokemon Go' in Japan).

NWO MOCKINGBIRD MEDIA EXPOSED: WHY THEY WILL NEVER EVER EXPOSE FALSE FLAGS & SYSTEMIC CORRUPTION

by SGT, SGT Report.com:

A SGT Report Micro-Doc – MOCKINGBIRDS EXPOSED: WHY THE CORPORATE MEDIA WILL NEVER EVER EXPOSE FALSE FLAGS & SYSTEMIC CORRUPTION

Unlock the Secrets to Preventing Alzheimer’s and Dementia… (Yes, We Have the Solutions)

by Mike Adams, Natural News:
Did you know we already have the knowledge and wisdom to prevent Alzheimer’s and dementia in most people? But the pharmaceutical cartel, which depends on future profits from a wave of Alzheimer’s and dementia patients, obviously has no financial interest in seeing people prevent these money-making diseases. They need more sick people to buy more drugs, and when informed individuals learn how prevent disease, they no longer need those drugs.
Thus, from the point of view of Big Pharma, preventing disease means losing profits.
As we all age, it’s absolutely crucial that we protect our brains and minds so that we can think clearly as we face the future together. Alzheimer’s and dementia can be prevented in most people. You simply have to know how… and that’s what this extraordinary summit brings you.
Read More

The Police Are Victimized By Their Training — Paul Craig Roberts

by Paul Craig Roberts, Paul Craig Roberts:
It is too early to know if the shooting of police in Dallas and Baton Rouge are the beginnings of acts of retribution against police for their wanton murders of citizens. The saying is that “what goes around, comes around.” If police murders of citizens have provoked retribution, police and those who train them need to be honest and recognize that they have brought it upon themselves.
Killings by police have gone on too long. The killings are too gratuitous, and the police have largely escaped accountability for actions that, if committed by private citizens, would result in life imprisonment or the death penalty.
There has been no accountability, because the police unions and the white community rush to the defense of the police. In rare instances when prosecutors bring charges, as in the case of Freddie Gray, the police are not convicted.
Read More

Craig Hemke – Negative Interest Rates Are Here to Stay

from Greg Hunter:

On the U.S. dollar, gold and silver expert Craig Hemke warns, “I think, in the grand scheme of things, we are all in trouble because the time of the U.S. dollar being the supreme currency is all going by the wayside. We are entering into a new global financial paradigm in the 21st century. . . . Negative interest rates are here to stay, and the whole western world is getting sucked into that creation by central banks. I am not optimistic that years of bliss and euphoria are coming our way. Maybe the dollar, in the short term, could continue to rise, and many say that means gold is going down. I don’t think that is true anymore. The key thing going forward is the banks trying to manage the gold price, and by managing price, they can manage sentiment. By managing sentiment, they hope to control physical demand because physical demand is what will break the banks. That’s how the whole circle fits together.”

Richie Allen “False Flag Attacks Are Becoming So Sloppy, Is Anyone Believing Them Anymore?”

from The Richie Allen Show:



SILVER COMEX RECORDS ITS HIGHEST EVER OPEN INTEREST AND YET SILVER REMAINS 29 DOLLARS BELOW ITS ALL TIME HIGH!

from Harvey Organ:
GOLD RISES AND REMAINS ROBUST DESPITE HIGH USA DOLLAR/SILVER FALLS SLIGHTLY/CHINA VICE CHAIRMAN TELLS HIS TROOPS TO PREPARE FOR WAR/TURKEY’S ERDOGAN FIRES ALL UNIVERSITY DEANS/FIRES 21,000 PRIVATE SCHOOL TEACHERS/EXPLOSION IN ANKARA/TURKISH STOCK MARKET PLUMMETS/ALSO TURKISH LIRA FALTERS BADLY
For the July gold contract month, we had a small 10 notices served upon for 1,000 ounces. The total number of notices filed so far for delivery: 5060 for 506,000 oz or 15.738 tonnes
In silver we had 239 notices served upon for 1,195,000 oz. The total number of notices filed so far this month for delivery: 2068 for 10,340,000 oz
Read More @ Harveyorganblog.com

THE BUSH CARTEL JUST THREW THEIR WEIGHT BEHIND HILLARY CLINTON

by Geoffrey Grider, Now The End Begins:

IN ANY RACE THAT HAS ONLY TWO CANDIDATES, REFUSING TO SUPPORT ONE OF THEM IS A DEFACTO ENDORSEMENT FOR THE OTHER, AND THIS IS EXACTLY HOW THE BUSH FAMILY IS PLANNING ON WORKING TO ELECT HILLARY CLINTON AS PRESIDENT.
Jeb Bush, when he ran against Donald Trump for the nomination, took a pledge that he would support whoever it would be of the 17 people running who finally became the nominee. When the dust settled, Donald Trump emerged victorious. Jeb Bush has now decided to break his promise to support the nominee. His brother and father have also decided, for the first time in their political lives, to withhold their votes and support of the Republican nominee. Read More

SECEDE FROM THE FED & CENTRAL BANKING — Ron Paul

from RonPaulCC2012:

Ron Paul’s Texas Straight Talk 07/18/2016 ~ Money Freedom: Don’t Refrom The FED, FED Exit

No Token Solutions Exist – Failure to Create a New Financial System Now Will Mean War

from LaRouchePAC:
The European leadership is panicked about the rapid collapse of the banking system. Italy is blaming Germany and Deutsche Bank, Germany is blaming Italy, while Wall Street complains about the Europeans undermining the fake “recovery.” This is dangerous and psychotic nonsense. We are experiencing the breakdown of the entire trans-Atlantic banking system, not just some part of it, and no solution exists outside of the immediate creation of laws in Europe and the US to facilitate a new, Hamiltonian financial and economic order. The $2 quadrillion in derivative gambling debt must be written off, and the commercial banking system recapitalized to do its legitimate job, directing credit into reconstructing the world economy.
Read More

Politically Incorrect Insights

by Gary Christenson, Deviant Investor:

  • The winner of the 2016 US Presidential race will be the person that the financial elite deem the most effective tool to implement their policies AND whose team was most successful in programming the voting machines.
  • “If voting changed anything, they would make it illegal.” Attributed to several, including Mark Twain.
  • Negative interest rates are another phase in the continuing transfer of wealth to the financial elite.
Read More







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