Tuesday, December 13, 2016

Trump Picks Rick Perry To Lead Energy Department (That He Wanted To Do Away With In 2011)




Trump's string of 'anti'-status quo appointments continues with his selection of former Texas governor Rick Perry to lead the Energy Department, which it is worth noting he wanted to do away with in 2011.

Rogue Elements of the CIA Are Operating Against President-elect Trump — Paul Craig Roberts

by Paul Craig Roberts, Paul Craig Roberts:
Alex Jones catches a lot of grief. Some of it he brings on himself by being over the top, but most of the criticism he receives comes from his practice of dragging into the news issues that otherwise would remained cloaked in silence.
Alex is certainly correct to stress that elements in the CIA, or someone claiming to be CIA, are planting stories in the media that Russia hacked Hillary’s emails and used the damning information to elect Trump.
The truth of the emails is not what is in question. It is their alleged Russian origin. There is no evidence for this claim. Wikileaks said the emails came to them as a leak from inside, not from an outside hack, and former top NSA official William Binney has said that if Russia was the source the NSA would have conclusive proof. http://www.informationclearinghouse.info/46012.htm
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Meanwhile, Kanye West Arrives At Trump Tower

Following his pro-Trump outbursts (and subsequent nervous breakdown), Kanye West has been summoned to Trump Tower...

Not Just Dallas; Fort Worth Employees' Pension Plan In Deep Trouble

"It’s safe to say this pension fund will never make it, for numerous reasons. Benefit haircuts are coming. For some reason, Fort Wort escaped the scrutiny of Dallas. I suspect that will change soon."



"Wrong Way Gartman" Strikes Again...

Gartman Flip-Flops: Says "Buy Oil" After Predicting "Oil Not Going Above $55 For Years"

"We shall buy both February WTI and Brent upon receipt of this commentary… a “unit” of each being more than sufficient… happy to be buying it nearly $2/barrel below the highs of yesterday and as the markets are “correcting” that initial panic buying."
- Dennis Gartman

Iran Lashes Out At US, Will Build Nuclear-Powered Boats In Retaliation To US Deal "Violation"

"The United States has not fully delivered its commitments in the (the nuclear deal)," Iran president Rouhani wrote on Tuesday. "With regards to recent (U.S. congress) legislation to extend the Iran Sanctions Act, I order to ... plan the design and construction of a nuclear propeller to be used in marine transportation to be used in marine transportation."

Import Prices Decline For 28th Straight Month As China Exports Most Deflation Since 2010

US Import Prices have declined for 28 straight months with November's 0.1% decline disappointing versus an unchanged expectation. Thanks to some downward revisions however, this is the smallest decline in import prices since July 2014. Auto prices declined 0.1% after rising 0.3% in Oct, and while Asia Near-East exported the most deflation to US, China exported the most deflation to US since June 2010.

Is The Deep State At War... With Itself?

The C.I.A.'s rash, evidence-free "report" is a rear-guard political action against the winning faction of the Deep State...

In Dramatic Heist, French Robbers Steal $1.5 Million In Gold From Armored Truck

While not nearly as brazen as the recent theft of a bucket full of $1.6 million in gold from an armored truck in midtown Manhattan, French police said they are hunting for four men suspected of stealing 70 kilograms of gold worth an estimated €1.5 million from an armored truck Monday before setting cars ablaze near a major highway and fleeing.

Italy's Largest Bank Laying Off 14,000, Raising €13 Billion In Business Overhaul

UniCredit announced a major business overhaul, planning to raise €13 billion in capital to return the largest Italian bank to profitability, hoping that a balance-sheet cleanup and cost cuts will persuade investors that Italy’s biggest bank can restore profitability. As part of the three-year strategy, the bank plans to shed an additional 6,500 jobs, bringing the total to 14,000.

Global Stocks Jump, Dow Set For 16th Post-Election Record High After UniCredit Restructuring; Fed Looms

Yesterday's brief hiccup in what has been an otherwise relentless rally in global risk assets is all but forgotten this morning, as European and Asian stocks, and US equity futures, all rise in quiet trading ahead of tomorrow's FOMC meeting, with the Dow set to make a 16th consecutive post-election all time high.

It's Official: Trump Picks Exxon CEO Rex Tillerson To Lead The State Department

"I have chosen one of the truly great business leaders of the world, Rex Tillerson, Chairman and CEO of ExxonMobil, to be Secretary of State."
- Donald J. Trump

25 Cities On The Brink Of Disaster: "Don't Be Here When Things Get Violent, Unsafe, & Fragile"

The 21st Century is inching ever closer towards chaos... and the time to get out of the big city is upon us.

The Narrative Changes: Republicans "Pour Cold Water" On Trump's Massive Stimulus, Will Block Tax Cuts

Trump’s race to enact a "huge" stimulus went under a caution flag as Mitch McConnell warned he considers current levels of U.S. debt “dangerous”, and said he any tax overhaul should avoid adding to the deficit. "I think this level of national debt is dangerous and unacceptable." McConnell also poured cold water on the idea of a massive stimulus package, effectively laying out markers on taxes and spending.

Friction and Gravity – Keith Weiner

by Keith Weiner, Sprott Money:
he price action was mixed this week. Those hoping for dollar declines in gold terms were disappointed. However, silver gave them a sop as the price of the buck declined by one one-hundredth of a gram of silver. In Monetarist terms, gold went down $18 and silver up 11 cents.
Monetarism, in its insistence that the dollar be used to measure gold, is in denial that the value of the dollar is unstable. Everyone knows that the Fed tries to devalue the dollar at 2 percent per annum (as it reckons it), yet insists on using it as the meter stick for measuring economic value.
The big story this week is the silver manipulation lawsuit. We remain flabbergasted that people think the price of a commodity could be suppressed by 75% (or a lot more, by some allegations) for years. We also note that the anger is not on the part of silver buyers. It’s would-be sellers who are upset. They wanted to sell at higher prices, and they allege the banks beat them to it, and the price fell before they could unload.
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Is it Just Trump Tower? Or is the Entire New York City Housing Bubble Unwinding?

by Wolf Richter, Wolf Street:
Not all is well at this glamorous piece of real estate.
The iconic mixed-use 58-story Trump Tower, on 721 Fifth Avenue, in Midtown Manhattan, with top-dollar retailers such as Tiffany’s nearby, was the ultimate in condo living when it was built in 1983. Now it’s even more iconic as President Elect Donald Trump holds court there, among enormous security measures and the daily flow of potentates, moguls, Big Oil CEOs, the occasional Silicon Valley wunderkind, billionaires, Goldman Sachs folks, and the like.
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MORE EMAILS SHOWING COLLUSION AND FRAUD FROM OUR BANKERS IN GOLD AND SILVER

TRUMP IGNITES SPAT WITH CHINA ON THE ONE CHINA POLICY/CHINA SENDS A NUCLEAR BOMBER OVER THE SOUTH CHINA SEAS/MONTE DE PASCHI SCRAMBLES TO RAISE FUNDS IN ORDER TO AVOID A BAIL IN!
from Harvey Organ:
65% OF ALL ATM’S NON OPERATIONAL AS GOLDMAN SACHS STATES THAT THEY MAY GO TO A BARTER SYSTEM/SAUDI ARABIA PLEDGES MORE PRODUCTION CUTS/A DEAL ON THE NON OPEC PLAYERS TO CUT 600,000 BARRELS PER DAY/CLINTON CAMPAGIN CALLING FOR INTEL BRIEFING PRIOR TO ELECTORAL COLLEGE VOTE SENDING ALARM BELLS RINGING!
It seems that Shanghai pricing is higher than the other two , (NY and London). The spread has been occurring on a regular basis and thus I expect to see arbitrage happening as investors buy the lower priced NY gold and sell to China at the higher price. This should drain the comex.
Also why would mining companies hand in their gold to the comex and receive constantly lower prices. They would be open to lawsuits if they knowingly continue to supply the comex despite the fact that they could be receiving higher prices in Shanghai.
Read More @ Harveyorganblog.com

Fake News, Propaganda And False Flags

from Investment Research Dynamics:
The Fake News conspiracy is starting to lose steam. It’s time to bury it completely. But this won’t happen because the “Fake News” narrative is another propaganda tool that is being used to distract the public’s attention from a collapsing economy and political system.
Paul Craig Roberts sent around an article that cites a former top NSA official who states explicitly that the NSA would have evidence of Russian influence on the election. Apparently it has none:
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Koch Bros. & PropOrNot: Feud Explodes Through the Pages of History

from The Daily Bell:
The Martens find PropOrNot background ties to the billionaire Koch brothers, to the Lynde and Harry Bradley Foundation, to the Sarah Scaife Foundation (the Mellon fortune), ExxonMobil, US Senators Chris Murphy and Rob Portman, who tie into Citigroup and Goldman Sachs, “two Wall Street behemoths that would very much like to pivot the national debate to anything other than Wall Street power and corruption.” –Paul Craig Roberts
The recent naming of 200 websites and writers by PropOrNot as agents of Russian disinformation can only be fully appreciated as an explosion ripping through the pages of history and revealing a millennia-old struggle between freedom and repression.
The Koch Brothers and Scaife exercise considerable control over the “moderate” libertarian media including the famous Cato Institute think tank and the leading libertarian magazine Reason.
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Obama on Marijuana Legalization: Presidents Don’t Change Drug Classifications

by Julie Fidler, Natural Society:
n an interview with Rolling Stone published November 29, Barack Obama said that he doesn’t think legalizing marijuana would end America’s drug problem, but he believes it should be regulated like cigarettes and alcohol. The outgoing President added that regulating marijuana is a wiser way of handling the issue than continuing to treat it as a Schedule I drug. [1]
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The MSM and Intelligence Agencies Conspicuously Gang Up On Trump and Alt Media! WHY?

from State of the Nation:

Something very concerning is going in America. The various rogue alphabet soup intelligence agencies have made common cause with theMainstream Media (MSM) like never before.
OBAMA JUST ORDERED THE CIA TO STAB TRUMP IN THE BACK AND FLIP THE ELECTION
The MSM news reports have been replete with instances of fake news and false alerts directed at President-elect Donald J. Trump, as well as at the alternative news media (Alt Media).
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Criminal Accusations Emerge for Denying Russian Involvement in US Elections

from The Daily Bell:
… Could Kentucky Senator Mitch McConnell get booted from office due to his alleged involvement with corruption related to the current Russia election scandal involving Donald Trump? Adding to the list of suspicious circumstances, Mitch McConnell’s wife, Elaine Chao, was named as a Trump cabinet pick soon after McConnell allegedly dismissed the Russian hacker investigation.  –Inquistr.com
As predicted, supposed involvement of Russia in US  elections is rapidly devolving into accusations of criminality. It is certainly possible, in one way or another, that these could be turned on the alternative media itself (see excerpt above).
What is striking about this is the rapidity with which accusations are being promulgated and applied. The idea basically is that if you deny Russia’s involvement in influencing US elections, you are likely an ally of this process or an unwitting dupe. See our article here.
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