Friday, January 13, 2017

Paper Currencies Approaching Their Real Value: ZERO – Bill Holter Interview



from CrushTheStreet:


Is This The Coup In America? "U.S. Troops On Russian Border" To Start War Before Inauguration


Is there a coup underway, while America is in the transition period, and before Trump swears in as the 45th president of the United States?

Big Pharma on Notice – About Time!

by Mish Shedlock, Mish Talk:
A move to open up competition in drugs wold have been one of the few things in Obamacare worth having. It was not to be as big pharma bought off Obama and Democratic senators to keep it from happening.
An amendment to open up competition in drug pricing was narrowly defeated in the Senate Vote-a-Rama last night, but that defeat was not binding by any means.
More importantly, Trump’s Drug-Price Stance Puts Pharma on Notice.
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D.C. National Guard Chief Fired Days Before Trump Inauguration: "The Timing Is Extremely Unusual"


"It doesn’t make sense to can the general in the middle of an active deployment," rages D.C. Council Chairman Phil Mendelson (D) after Maj. Gen. Errol R. Schwartz, who heads the D.C. National Guard and is an integral part of overseeing the inauguration, has been ordered removed from command effective Jan. 20, 12:01 p.m., just as Donald Trump is sworn in as president.

Another Major Catalyst For Silver Is About To Surface

by Jeff Clark, GoldSilver:
There are lots of reasons silver is poised to rip higher over the next few years. Here’s another one, and it’s a new development that’s flying under the radar of most investors…
Indian citizens buy a LOT of gold. Macquarie bank estimates that 78% of India’s household savings are held in gold, more than any other economy in the world. Right or wrong, this much savings in gold creates a drag on growth, because the available funds for bank lending decrease.
So as you probably know, the Indian government has been trying for years to curtail demand. Just since I’ve been a precious metals analyst, there have been three separate gold monetization schemes offered by government officials. “Deposit your gold in the bank and we’ll pay you interest!” goes the offer.
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Be Prepared for a Violent Fed Reversal

by Jim Rickards, DailyReckoning:
The outlook for rates has taken what I call a U-turn. There’s very little doubt that the Fed is on track to raise rates. This outlook is not in response to any particular piece of economic data or the overall economic picture. In fact there are plenty of arguments why the Fed should not raise rates based on economic fundamentals.
However, they have a separate agenda which is that the Fed has committed, what I think will be viewed in hindsight, as a historical blunder by missing the opportunity to raise rates in 2010, 2011, 2012. That was when the economy was growing, not strongly but those were the early stages of the expansion.
The economy was growing well enough then to justify rate increases. If the Fed had normalized rates in 2011-2012, between 2 – 2.5%, they would be in a good position today to cut rates if necessary to fight a recession. Unfortunately they did not do that. They missed an entire cycle while experimenting with Ben Bernanke’s quantitative easing, which in hindsight will turn out to be a real mistake by the Fed.
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Confirmed: "Unknown" Republican, Democrat Paid For Anti-Trump Report


"[Steele] told me that he had been retained in early June by a private research firm in the United States to look into Trump's activity in Europe and Russia. The American firm was conducting a Trump opposition research project that was first financed by a Republican source until the funding switched to a Democratic one. He was never told the identity of the client."



Pure BULLSHIT...

The US Economy: Back On Track?




The weekly rail traffic report published by the Association of American Railroads provides a great snapshot of US economic activity almost in real (weekly) time. Last July we noted that we were starting to witness some signals of a trend change, now suggesting a softening. But much has happened since then, including a broadly unexpected change in the political direction of the US. Have those signals been reversed as a result?


Artist's Impression Of Obama's Farewell Address


"King of the world..."

Why Ridiculous Official Propaganda Still Works


Any day now we are going to be told that Elvis is secretly working with Putin to deploy a Zhirinovskian gravitational weapon in a UFO disguised as Jesus that Assange and Snowden will personally pilot across the Atlantic to sink America. It’s like some kind of loyalty test in which the ruling classes are trying to determine just how far they can go with this crap before liberals refuse to salute any more of it.

"China's Next Time Bomb" - A Look Inside The Insane World Of China's Bitcoin Traders


Ding Wen, 34, had built up a personal fortune of more than two million yuan after years of hard work at an internet company in Nanjing. But he saw most of that wealth go up in smoke on January 5, when China’s bitcoin market crashed, sending the price of the virtual currency plunging 40% in just a few hours after lunch. Welcome to the insane world of China's bitcoin traders.

Some Election Interference Is More Equal Than Others - How Ukraine Meddled On Behalf Of Clinton


After essentially claiming that Manafort was a hired gun for Putin to intervene in the internal affairs of Ukraine, the government is now reaching out to him? You don’t have to be Sherlock Holmes to see something’s not adding up here. Was the entire investigation a fraud to help Hillary Clinton win the election? If so, isn’t that election interference?

Illinois Lawmakers Consider Massive, Regressive Tax Hike On Low-Income Families (a.k.a "Soda Tax")


To our complete lack of surprise, lawmakers in the State of Illinois are considering following in the footsteps of Philadelphia by imposing a 1 cent per ounce "soda tax" on all sugary beverages...and just like in Philly, it's sure to piss off a lot of people.

What Is The Deep State?


"There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true."

'Bipartisan' Senate Intelligence Committee To Probe Russia-Campaign Contacts


Hours after WaPo reports anonymous sources claiming Trump's national security adviser Flynn contacted Russian officials, and Politico details Hillary's dealing with Ukrainian officials, the Senate Intelligence Committee announced in a statement that it will launch an inquiry to look at any links between Russia and individuals associated with U.S. political campaigns as part of bipartisan inquiry into Russia and cyber activity.



F.Y.I...In the photo...The water is only a few feet deep... Almaden is tiny...You could almost have a kegger party and fill it with piss...

Stunning Before And After Pictures Of The California Drought And Devastating Rain Storms


Just as California's liberal elites had convinced everyone that climate change had permanently altered global weather patterns such that the entire state was doomed to be stuck in a perpetual drought which would inevitably render it about as inhabitable as the surface of Mars within years, an unrelenting series of storms has struck and in a matter of days filled lakes, overflowed rivers and buried mountains in snow.

Citadel Pays $22 Million Settlement For Frontrunning Its Clients


Without much fanfare at all, on Friday Citadel announced it would pay $22.6 million to settle allegations that it "misled clients about pricing trades", a euphemism for it was frontrunning its clients.

Trump's Enemies See An Opening


The stakes in all of this are becoming yuuge...

YouTube Joins The "Fake News" Crusade, Shuts Down Popular Conservative Channel


"Clearly this was a politically motivated move.  I never received any request or complaint from MLA. These were perfectly legitimate fair use excerpts with great news value.  This is an attempt to silence our reporting on a matter of great public importance.  We intend to pursue all available remedies, and call on YouTube to restore our account."

Weekend Reading: Anticipation


“Stock market bubbles don’t appear out of thin air. They have a basis in reality. But that reality is distorted by misconception..

Dow 20k Disappoints For Fourth Straight Week As Banks Pump'n'Dump


Friday Humor? Man Pays DMV Tax Bill With 300,000 Pennies


As Americans weather unprecedented division and vitriol amid the impending presidency of Donald Trump, there’s one thing many can still agree on: the Department of Motor Vehicles (DMV) is a deplorable place that yields unending frustration, wasted time, and excessive fines.

Mainstream Media Meltdown: 'Journalists' Seek 'Safe Space' To Discuss "How To Cover Trump"


After the president-elect's first press conference since the election this week, it appears the mainstream media is in need of a 'safe space'. As The Hill reports, so-called journalists from the Huffington Post, Slate, CNN, and Univision will gather days before Donald Trump’s inauguration to publicly discuss "how the news media can and should proceed to cover" the president-elect.

House Passes Budget Resolution Clearing Path For Obamacare Repeal


With a vote of 227-198 the U.S. House of Representative easily passed a budget resolution paving the way for Obamacare to be repealed and replaced.

Sanctions, What Sanctions? Russia Bond Yields Plunge To 3 Year Lows


After three years of US sanctions on Russia, Putin's cost of funding his nation's economy has tumbled as Russian government five-year ruble notes climbed further this week, pushing the yield to the lowest on a closing basis since February 2014. Along with being the best performing stock market in the world since Trump's election, Russia's bond market has soared (while China's has tumbled).



Prices should be listed ...Rats per square foot...or even better Cockroaches per square inch...
Same should apply to San Francisco...

New York Real Estate Prices Plunge In 4Q As Listing Days and Discounts Soar


Data from Douglas Elliman's 4Q 2016 New York real estate report brings some unwelcome news for the city's hedgies and I-bankers with median pricing and sales volume crashing while apartments sit vacant on the market for longer and longer.

Why Ridiculous Official Propaganda Still Works


Any day now we are going to be told that Elvis is secretly working with Putin to deploy a Zhirinovskian gravitational weapon in a UFO disguised as Jesus that Assange and Snowden will personally pilot across the Atlantic to sink America. It’s like some kind of loyalty test in which the ruling classes are trying to determine just how far they can go with this crap before liberals refuse to salute any more of it.

America Became A Lot Less Christian During The Presidency Of Barack Obama

by Michael Snyder, End Of The American Dream:
In 2006, Barack Obama famously said that “we are no longer just a Christian nation“, and after the last eight years that is now more true than ever. The Pew Research Center has just released a major report entitled “How America Changed During Barack Obama’s Presidency“, and what struck me the most about the report was the fact that it showed that the United States became a lot less Christian while Obama was in the White House. Of course this trend did not begin under Obama, but it seems to have accelerated during his presidency.
In particular, the percentage of Americans that have no religion at all is really growing rapidly. According to the report, “nones” now make up nearly a fourth of our entire population…
Read More

Obama’s Deplorable Last Hurrah

by Stephen Lendman, Market Oracle:
On Tuesday evening, Obama delivered his self-styled farewell address – as demagogic and duplicitous as all his others.
A separate article discussed what he left unexplained – the enormous harm he inflicted on humanity at home and abroad throughout his tenure.
His farewell address included a recitation of democratic rights he abhors – “among them life, liberty, and the pursuit of happiness,” freedoms he spent eight years destroying at home and abroad.
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NASA Reveals Vast Hole in the Sun That Could “Cripple Power Supplies”

by Mac Slavo, SHTF Plan:
NASA has released a graphic showing a rip in the fabric of the sun, so to speak, that is leaking solar radiation through a hole in its surface.
This is sending a bombardment of particles towards earth that could interfere with the electric grid and disrupt any technologies that are electromagnetic based.
The experts aren’t expecting a major storm this time – with only a G2 warning issued for the current onset of unusual solar activity. This will be enough only to heighten the aurora borealis effects and test the real world resilience of satellites and other sensitive equipment.
Here’s what it looks like:
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Incoming: Did You Know There Was an Asteroid Closer to Us Than the Moon?

by Daisy Luther, Daisy Luther:
It’s always unnerving to learn that there was a giant hunk of space rock flying so close to the Earth you almost needed to duck.
Like the asteroid that did a fly-by at just half the distance between the Earth and the moon on Monday of this week.
Unlike the movie Armageddon, we may not have enough warning for Bruce Willis and friends to get on a rocket and go blow it up before it hits us.
Smithsonian.com reports:
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