Nov 23

 – Summing It All Up In 1 Surreal Chart (ZeroHedge):

Because, as financial media keeps propagandizing, it’s all about the fundamentals…

QE3-Stocks-World-GDP

Charts: Bloomberg

- Veteran S&P Futures Trader: “I Am 100% Confident That Central Banks Are Buying S&P Futures” (ZeroHedge):

“This last 1900 point Dow Jones push upwards – and the Ebola events leading into it – it was so orchestrated and heightened at critical points but the ascent and push straight up in price, and sideways nonreaction after was completely unlike anything I’ve seen before.   After going up for a record-breaking amount of time the last five or so years, in a nonlinear exponential mania type of ascent, there should normally be tremendous volatility that follows… After this year and especially this last 1900 point Dow run up in October, and post non-reaction, that I am 100 percent confident that that one buyer is our own Federal Reserve or other central banks with a goal to “stimulate” our economy by directly buying stock index futures.”

American Epidemic? NYPD cop shoots dead unarmed man ‘without warning':

- Sell, Sell, Sell…….The Central Bank Madmen Are Raging (David Stockman’s Contra Corner):

The global financial system has come unglued. Everywhere the real world evidence points to cooling growth, faltering investment, slowing trade, vast excess industrial capacity, peak private debt, public fiscal exhaustion, currency wars, intensified politico-military conflict and an unprecedented disconnect between debt-saturated real economies and irrationally exuberant financial markets.

Yet overnight two central banks promised what amounts to more monetary heroin and, presto, the S&P 500 index jerked up to 2070. That is, the robo-traders inflated the PE multiple for S&P’s basket of US-based global companies to a nose bleed 20X their reported LTM earnings.

- “Down Outright Murder”: A Complete Guide to the Shooting of Michael Brown by Darren Wilson (The Intercept)

Keep-calm-and-molest-kids

- In Great Britain, Protecting Pedophile Politicians is a Matter of “National Security” (Liberty Blitzkrieg):

I’ve long written about how the percentage of sociopaths within a group of humans becomes increasingly concentrated the higher you climb within the positions of power in a society, with it being most chronic amongst those who crave political power (see: Humanity is Rising).

Now we have evidence of yet another case.

The Guardian reports that:

The security services are facing questions over the cover-up of a Westminster paedophile ring as it emerged that files relating to official requests for media blackouts in the early 1980s were destroyed.

Two newspaper executives have told the Observer that their publications were issued with D-notices – warnings not to publish intelligence that might damage national security – when they sought to report on allegations of a powerful group of men engaging in child sex abuse in 1984. One executive said he had been accosted in his office by 15 uniformed and two non-uniformed police over a dossier on Westminster paedophiles passed to him by the former Labour cabinet minister Barbara Castle.

Ah, national security. Remember that the next time you are lectured that we need to give up our civil liberties in the name of “national security.” Think about what that really means. It really means the security of the status quo to continue to behave like insane criminals with zero accountability.

- Contrary To IRS Lies, Some 30,000 Lois Lerner “Forever Lost” Emails Have Been Recovered (ZeroHedge):

It is unclear whether the person in charge of the Lois Lerner “disappeared IRS emails” strategy was also Dr. Gruber, but whoever conceived of the idiotic idea that the fatal failure of a local hard disk means that emails which are stored on at least one server miles away, and subsequently downloaded via POP3, IMAP or some other protocol, have vaporized, clearly also relied on the stupidity (and laziness) of the American people. And like in the case of Obamacare, the lies worked, if only for a short period of time. And because when it comes to lies coming from the very top, there is never just one cockroach, and they always inevitably scatter, the latest headache for a scandal-ridden president is that Lois Lerner’s email, supposedly gone in perpetuity, have mysteriously reappeared, and as the Washington Examiner reports, “up to 30,000 missing emails sent by former Internal Revenue Service official Lois Lerner have been recovered by the IRS inspector general, five months after they were deemed lost forever.”

Utah-NSA-Shutdown

- The Plebs Are Revolting – Utah Bill to Shut Off Water to the NSA Moves Forward (Liberty Blitzkrieg):

In the wake of the failure of the U.S. Senate to move forward on the USA Freedom Act, many activists and civil liberties advocates have come to the conclusion that we can’t rely on the feds to do anything decent on the subject. One of the proposed grassroots ways to fight back has been an emphasis on increased use of encryption (recall my pre-Snowden era post, Bitcoin and Kim Dotcom: Why it’s Time to “Encrypt Everything”). Another obvious solution is for people to revolt at the local level. It appears that the citizens of Utah are doing just that.

Wired reports that:

Lawmakers are considering a bill that would shut off the water spigot to the massive data center operated by the National Security Agency in Bluffdale, Utah.

- 3-Star General Who Helped Lead War On Terror: We’ve Lost the Wars In Iraq and Afghanistan (Washington’s Blog):

3-star General Daniel Bolger helped to lead the wars in Iraq and Afghanistan.

The first sentence of his new book – Why We Lost: A General’s Inside Account of the Iraq and Afghanistan Wars – starts:

I am a United Sates Army general, and I lost the Global War on Terrorism. It’s like Alcoholics Anonymous; step one is admitting you have a problem. Well, I have a problem. So do my peers. And thanks to our problem, now all of America has a problem, to wit: two lost campaigns and a war gone awry.

Yahoo News notes:

Having studied military history, he says he should have known that a U.S.-led counterinsurgency in a country like Afghanistan could never work.

Now, with the rise of the Islamic State, there’s a growing choir urging the U.S. military to lead yet another ground war in Iraq.

“That would be four times biting that poison apple: Vietnam, Afghanistan, Iraq and then Iraq again,” he said.

- With A Hard-Landing Imminent, China Reminds Residents It Is Illegal To Jump Off Tops Of Buildings (ZeroHedge):

“The situation has become so bad… that a middle-aged investor, fearing that a local developer wouldn’t be able to make his promised interest payments, threatened to commit suicide in dramatic fashion last summer. After hearing similar stories of desperation, city officials reminded residents that it is illegal to jump off the tops of buildings.”

- Obama’s Path To ‘Amnesty’ (In 1 Cartoon) (ZeroHedge):

Obama-amnesty-plan

- This Is How Russia Does The (Dry) Ice Bucket Challenge (ZeroHedge):

As The West shows its fortitude (and apparent philanthropy) with mere 32-degree Fahrenheit ice-bucket-challenges, Russian chemistry professor Yury Zhdanov goes 290-degrees better…

This Is How Russia Does The (Dry) Ice Bucket Challenge

Nikolay Novosyolov, founder of a science popularization project, poured a bucket of liquid nitrogen, which temperature was minus 322 degrees Fahrenheit (minus 197 Celcuis), as part of the #IceBucketChallenge campaign, taking the world’s social media charity craze to a whole new level.

Crazy…

 

- Western sanctions are aimed at regime change in Russia – Lavrov (RT):

The ultimate goal of the anti-Russian sanctions imposed by some Western nations is to stir public protests and oust the government, Russian Foreign Minister Sergey Lavrov said.

“Western leaders publicly state that the sanctions must hurt [Russia’s] economy and stir up public protests. The West doesn’t want to change Russia’s policies. They want a regime change. Practically nobody denies that,” he told a leading think-tank in Moscow.

Lavrov said that the tensions between Russia and the West had been brewing for years before the Ukrainian crisis, adding that now the Europeans had decided to go for all-or-nothing and play chicken with Russia. But at least the positions have been made clear, Lavrov said.

- Police pepper sprays protest in Germany as activists storm new EU central bank HQ (PHOTOS, VIDEO) (RT):

German police used pepper spray and clashed with anti-EU protesters, who stormed and vandalized the new European Central Bank building, which is under construction now in central Frankfurt.

Calling themselves Blockupy, thousands of activists gathered in the city center on Saturday and marched to the goal of their protest, the new ECB office, which is to be inaugurated next March.

The cost of the new office is almost 1.3 billion euros and this fact has caused a lot of criticism while the policy of austerity is applied all over Europe.

“While our colleagues, friends and comrades in Southern Europe continue to rebel against the depletion and impoverishment policies of the Troika, the ECB moves into its new palace,” Blockupy website says. “Blockupy moves on to the road. We will make our own move to the new building and give back to the ECB the garbage – in and with many moving boxes – that should have been thrown into the dustbin of history: racist and sexist division, impoverishment, privatization of public funds and goods and wars to secure resources.”

- On The Looming Wall Of Chinese Defaults, Restructuring Firm Warns “You Know It’s Coming” (ZeroHedge):

The news this week of China’s largest corporate bankruptcy - Haixin Iron & Steel Group – amid crashing iron ore and steel prices was followed by analysts noting it “will be followed by others,” as the major flaw of producers of iron ore, the most traded commodity after oil, is they tend to be “over-bullish.” Distressed debt funds are starting to circle in preparation for what they expect to be a bloodbath as Bloomberg reports, bad debts in China are well underestimated because authorities persist in propping up weak companies and bailing out local investors, according to DAC Management, “we’ve yet to see it because if you look at corporate defaults, they keep getting covered by the government. At some point, they can’t cover every single one.” Most worryingly though, as KPMG points out, “when you see restructuring advisers getting hired by SOEs… you know it’s coming.”

- When the Rustlers Wear Badges (Lew Rockwell)

- Five seniors die in Georgia care center after receiving flu shot – report (Natural News):

Healthcare workers at Hope Assisted Living & Memory Care Center in Dacula, Georgia, whose identities have not been made known as of this writing, have informed Health Impact News that on November 7, 2014, five residents of the center received flu vaccinations, only to die one week later.

- Video – Mexico’s Colima Volcano Erupts (Ice Age Now)

- 24 Pictures That Perfectly Capture How Insane The Snow Is Near Buffalo, New York (BuzzFeed)

- Now the UK is set to feel the chill (Ice Age Now):

Winter to arrive with below-freezing icy blast,

reads the headline in The Telegraph.

Temperatures will drop to 19F (-4C) in some areas of the country next week as winter arrives.

Temperatures on Sunday night are expected to plummet to 26F (-3C) in rural areas of Northern Scotland and there may be snow showers on the mountains and widespread frost.

The cooler temperatures will continue on Monday, with overnight temperatures in the North down to 30F (-1C).

http://www.telegraph.co.uk/topics/weather/11246224/Winter-to-arrive-with-below-freezing-icy-blast.html

- “Serfdom is the New Normal” – Talkin’ Oligarch Blues with Perpetual Assets (Liberty Blitzkrieg):

“Oligarchs like protecting themselves from peasants…”

– Gus Demos of Perpetual Assets

Because nothing says “living The American Dream” like looting an abandoned Doritos truck in the middle of a Buffalo, NY snow storm…

CNN-Hong-Kong

Once a market leader among Western 24-hour news channels, CNN has now become infamous for its slipshod mislabeling of maps across the world. This week the network hit a new low, transforming a synagogue into a mosque.

- Could SUNSCREEN stop men having children? Chemicals that block UV rays ‘may impair male fertility’ (Daily Mail):

Slapping on sunscreen could reduce a man’s ability to have a baby, according to new research.

A study found that chemicals commonly found in sunscreen, which filter out UV rays, can impair male fertility.

Experts warned when these chemicals are absorbed by the skin, they can interfere with the body’s hormones.

Men exposed to specific chemicals called BP-2 or 4OH-BP had a 30 per cent reduction in fertility.

- Are You Better Off This Thanksgiving Than You Were Last Thanksgiving? (Economic Collapse):

Are you in better shape financially than you were last Thanksgiving?  If so, you should consider yourself to be very fortunate because most Americans are not.  As you chow down on turkey, stuffing and cranberry sauce this Thursday, please remember that there are millions of Americans that simply cannot afford to eat such a meal.  According to a shocking new report that was just released by the National Center on Family Homelessness, the number of homeless children in the U.S. has reached a new all-time high of 2.5 million.  And right now one out of every seven Americans rely on food banks to put food on the table.  Yes, life is very good at the moment for Americans at the top end of the income spectrum.  The stock market has been soaring and sales of homes worth at last a million dollars are up 16 percent so far this year.  But most Americans live in a very different world.  The percentage of Americans that are employed is about the same as it was during the depths of the last recession, the quality of our jobs continues to go down, the rate of homeownership in America has fallen for seven years in a row, and the cost of living is rising much faster than paychecks are.  As a result, the middle class is smaller this Thanksgiving than it was last Thanksgiving, and most Americans have seen their standards of living go down over the past year.

In 2014, there are tens of millions of Americans that are anonymously leading lives of quiet desperation.  They are desperately trying to hold on even though things just keep getting worse.  For example, just consider the plight of 49-year-old Darrell Eberhardt.  Once upon a time, his job in a Chevy factory paid him $18.50 an hour, but now he only makes $10.50 an hour and he knows that he probably would not be able to make as much in a new job if he decided to leave…

LooTeRS!!!

Looters
Source

 

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Nov 22

Obamas Historic Immigration Decree

- Obama the tyrant king unleashes dictatorial order that will now invoke “open rebellion” – Senate aide:

With the stroke of a pen, President Obama has now set America on the path toward open rebellion and revolt. By declaring that he alone has the right to dictate immigration policy without the legislative approval of Congress, he has committed yet another lawless act in a long series of illegal schemes that cement his position in history as nothing more than a sociopathic liar and destroyer of nations.

me-the-people-obama
Source: Artizans.com

- Obama extends deportation reprieve to 5 million undocumented immigrants:

President Barack Obama announced an executive order on immigration reform Thursday, which he will sign on Friday. The actions will affect up to 5 million undocumented immigrants in the US, many of whom are the parents or spouses of legal residents.

Obama announced his plan for unilateral action on immigration via a prime-time address from the White House. He will sign the executive order during a rally in Las Vegas on Friday. Because the plan will not be passed by Congress, it could also be easily reversed by a new president after Obama’s term runs out in just over two years.

The-Obamas-left-hand

“Accidental discharge”…:

Sure!

The FBI Is Very Excited About This Machine That Can Scan Your DNA in 90 Minutes

- The FBI Is Very Excited About This Machine That Can Scan Your DNA in 90 Minutes:

Rapid-DNA technology makes it easier than ever to grab and store your genetic profile. G-men, cops, and Homeland Security can’t wait to see it everywhere.

obama-fraud

- Least Transparent Ever – Obama Administration Fighting to Prevent Release of C.I.A. Torture Report:

His latest intervention on behalf of the forces of opacity, revolves around the release of a report on CI.A. torture put together by The Senate Intelligence Committee, which is 6,000 pages long and has been five years in the making. Naturally, the Obama Administration is taking painstaking efforts to block its release.

- Gold Repatriation Stunner: Dutch Central Bank Secretly Withdrew 122 Tons Of Gold From The New York Fed:

A week ago, we penned “The Real Reason Why Germany Halted Its Gold Repatriation From The NY Fed“, in which we got, for the first time ever, an admission by an official source, namely the bank that knows everything that takes place in Germany – Deutsche Bank – what the real reason was for Germany’s gold repatriation halt after obtaining a meager 5 tons from the NY Fed:

… the gold community paid great attention to the decision of the German Bundesbank to “bring German gold home”. At the beginning of 2013, the Bundesbank announced it would repatriate 300 tonnes of gold stored in the US by 2020. It is well behind schedule, citing logistical difficulties. Yet diplomatic difficulties are more likely to be the chief cause of the delay, especially seeing as the Bundesbank has proven its capacity to organise large-scale gold transports. In the early 2000s, the Bundesbank incrementally repatriated 930 tonnes of German gold held by the Bank of England.

Some took offense with this, pointing out, accurately, that the gold held at the NY Fed in deposit form for foreign institutions had continued to decline into 2014 despite the alleged German halt. Well, today we know the answer: it wasn’t Germany who was secretly withdrawing gold from the NYFed contrary to what it had publicly disclosed.  

It was the Netherlands.

jpm
Rothschild agent

- “Gold Is Money And Nothing Else” – JP Morgan’s Full December 1912 Testimony To Congress:

In December 1912, no lessor man than J.P.Morgan testified to Congress to “justify Wall Street,” during investigations over alleged manipulation and collusion. The transcript reads like it could have been given yesterday (as nothing ever changes) but at its heart the banker laid out 33 “Morgan Epigrams” which appear – in the ensuing 102 years – have been lost to greed and arrogance… The irony is wondrous: “Securities do not always prove good”, “Money is gold, and nothing else”, “I think manipulation is always bad.”

roundup-the-ultimate-killing-machine

- 12 Charts Show Connection Between Roundup and Disease:

Roundup is found in 75% of air and water samples.  Many farmers drench crops with Roundup right before harvest. About 100 million pounds are applied to U.S. farms and lawns every year, according to the EPA.

Monsanto claims that Roundup is totally safe, and can be dumped on everything without problem.

Is it true?

In reality, Roundup is linked to a number of diseases. And the ingredients in Roundup are deadly to human cells.

A study from the Journal of Organic Systems includes the following 12 charts which show the correlation between Roundup (technically known as “glyphosate”) and disease:

- CIA wants to delete thousands of emails as Obama administration stalls release of torture report:

The CIA wants to erase tens of thousands of internal emails sent by most covert and counterterror officers after they leave the agency, leading US senators and transparency advocates to fear the plan would mean the loss of vital government records.

- 10 Examples Of The Social Decay That Is Eating Away At America Like Cancer:

It isn’t just our economy that is crumbling.  Something is happening to America that no amount of money will be able to fix.  Everywhere around us we can see evidence of the social decay that is systematically eating away at the foundations of our society.

- Wall Street Stunned As Iceland Dares To Jail Banker Involved In 2008 Crash:

The impossible is possible. Never say never. Wall Street bankers are staring agog at headlines coming from Europe where, in Iceland, the former chief executive of one of the largest banks in the country which was involved in crashing the economy in 2008 has been sentenced to jail time. As Valuewalk reports, in receiving a one year prison sentence, Sigurjon Arnason officially became the first bank executive to be convicted of manipulating the bank’s stock price and deceiving investors, creditors and the authorities between Sept. 29 and Oct. 3, 2008, as the bank’s fortunes unwound, crashing the economy with it. It appears he was as shocked by the verdict as Wall Street-ers are, “this sentence is a big surprise to me as I did nothing wrong.” It was likely all for the people’s own good…

- Europe’s New Scariest Chart:

Recent polls show pro-default parties growing popular in peripheral euro-area countries such as Greece, Italy and Spain. As Bloomberg Brief’s Maxime Sbaihi notes, in a depressed economic environment, their promises to restructure public debt might soon bring them to power and tempt traditional parties to adopt their ideas. This return of political risk in the euro area doesn’t appear to be priced in by market participants. As Italy’s Beppe Grillo recently exclaimed, “we will leave the Euro and bring down this system of bankers, of scum.”

20141120_poll

FYI:

- ‘AIDS, Ebola, Obama – Thanks Africa’ roadside sign causes a stir in Nebraska:

A homemade sign proclaiming “AIDS, Ebola, Obama – Thanks Africa” caused a commotion in the town of Minden, Nebraska this week after a local man drew the ire of area residents when he erected it on his own property.

A “little” late:

- Charles Schwab Urges The Fed To Raise Interest Rates “As Quickly As Possible”:

Authored by Charles Schwab (yes, that Charles Schwab), originally posted op-ed at The Wall Street Journal,

For America’s 44 million senior citizens, plus tens of millions of others who are on the threshold of retirement, last month marked a watershed moment that is worth celebrating. At the end of October, the Federal Reserve announced the first step in returning to a more normal monetary policy. After nearly six years of near-zero interest rates and quantitative easing, the Fed is ending its bond-buying program and has signaled a plan to eventually begin raising the federal-funds rate, raising interest rates to more normal levels by 2017.

U.S. households lost billions in interest income during the Fed’s near-zero interest rate experiment.

- Jerusalem mayor: Revoke citizenship for terrorists’ families:

The mayor of Jerusalem has called on Israeli authorities to revoke the citizenship of family members of terrorists. This proposal was made in response to growing tensions between Palestinians and Israelis.

- 40,000 to 60,000 tons of sulphur dioxide spewing out of Bárðarbunga volcano per DAY:

A few days ago I posted an article saying that Iceland’s Bardarbunga volcano was pumping out 35,000 tons of sulphur dioxide per day, more than twice the amount spewed from all of Europe’s smokestacks.

Turns out that it’s even worse than that.

According to the Icelandic National Broadcasting Service, RUV, some 40,000 to 60,000 tons […]

- TV: US nuclear workers’ brains eaten away, hallucinating, mental capacity of preschooler — Wife films frightened, trembling husband on deathbed — It’s indescribable what they’ve done and they don’t care — They want you to die — Gov’t Experts: It’s allergies from cats or feathers… or B-12 deficiency — Doctor: Quit helping workers get help (VIDEO):

KING 5 News, Oct 14, 2014: Gary Sall… [worked at Hanford] for 28 years… 10 years ago… his brain function got worse and worse. Within 5 years he… could barely speak, hallucinated, and operated on the level of a 4-year-old… Doctors diagnosed him with work-related toxic encephalopathy, a degenerative brain disorder… [His wife] Barb documented the suffering in a difficult to watch video taken in 2011… in a hospital bed, trembling and frightened and on a feeding tube… The DOE’s insurer wrote that not Hanford, but alcohol consumption or a B-12 deficiency could be making him sick… He died 3 years ago at the age of 57.

- Twice as much Fukushima radiation near California coast than originally reported; Highest levels found anywhere in Eastern Pacific — Scientist: Very little we can do… It’s unprecedented… God forbid anything else happens — Gundersen: Multiple plumes now along west coast… Will be coming “for century or more” (AUDIO)

- Ice forces earliest closure EVER of upper Mississippi:

Halts shipments of corn, soybeans, wheat, fertilizer, salt and other goods from the most northern reaches of the nation’s busiest waterway.

- New York State officials – Things will only get worse:

Another three feet (1 meter) of snow forecast for Buffalo.

- Buffalo – 30 major roof collapses, 100 minor collapses:

More collapses expected. Homeowners and store employees scrambling to remove the snow before rainfall adds even more weight to overloaded roofs.

FYI:

- ‘We will hunt you down’: KKK threatens to shoot Anonymous ‘n***** lovers’:

A bitter war of words between hacker collective Anonymous and the Klu Klux Klan risks spilling over into real violence, with the right-wing hate group allegedly threatening to shoot dead activists wearing the Guy Fawkes mask in southern Missouri.

- Obesity price tag: $2trn annually and ‘rapidly getting worse’:

Around 30 percent of the world’s population is now obese, while 50 percent is expected to fall into the category by 2030. Meanwhile, 5 percent of global deaths each year are linked to the condition, creating a drag on the global economy.

- Stocks Close At Recordest Highs As All Central Banks Go All In:

Despite the knee-trembling awesomeness of a double-whammy promise of liquidity, US equity markets ended the week on a decidedly down note. The realization that Draghi’s all talk (no impact on US stocks) and PBOC’s move is not a liquidity surge and has limited impact on the economy left stocks tumbling once the opening OPEX levels had printed. The USD rose notably on the day after EUR plunged under 1.24 on Draghi (USD +0.9% on the week). Despite USD strength, gold rose 1% (as did Silver) on the week, rising for the 3rd week in a row for the first time in 4 months (and the 3rd Friday surge in a row). Oil rose 1% on the week, breaking an 8-week losing streak but Copper prices fell around 0.3% on the week, having given back the kneejerk gains post-PBOC today. Treasury yields dropped after kneejerking higher on PBOC. 30Y at 3.01% had its 2nd lowest weekly close since May 2013. VIX melted down into the close to 13.01. Late-day buying panic lifts stocks off their lows leaving Dow & S&P at all-time recordest highs of all-time ever in history (as small caps closed red).

- NO ONE TOLD YOU WHEN TO RUN, YOU MISSED THE STARTING GUN:

I stumbled across two mind blowing charts yesterday that had me pondering how generations of Americans had frittered their lives away, spending money they didn’t have  on things they didn’t need, utilizing easy to acquire debt, and saving virtually nothing for their futures or a rainy day. We are a nation of Peter Pans who never grew up. While I was driving home from work, one of my favorite Pink Floyd tunes came on the radio and the lyrics to Time seemed to fit perfectly with the charts I had just discovered.

- HFT War Stories: The Algo that Couldn’t Count:

This is the first in MKTSTK’sHFT War Stories series. Submitted anonymously by a high frequency trader. Names of people, places, and products have been omitted:

Algo trading has a way of making your hair turn white. Sometimes it’s the wild market action. The response then is to cut risk and keep on trading. The big losses come from avoidable human errors. Those are the losses you might not come back from.

The trading world is increasingly automated. Every year there are fewer human eyes watching the market at any given time. Traders employ algorithms to cut latency and market impact. Dealers find automation indispensable in quoting thousands of different exchange traded derivatives.

- Russia Can Survive An Oil Price War:

After a frosty reception at the G20 summit in Australia this week, Russian President Vladimir Putin required some much needed rest, at least according to the official explanation given for his conspicuously early departure from the proceedings. All things considered it could have been a lot worse. Russia finds itself in familiar territory after a controversial half-year, highlighted by the bloody and still unresolved situation in Ukraine. Nonetheless, the prospect of further sanctions looms low and Russia’s stores of oil and gas remain high.

- Did The Tech Bubble Just Quietly Pop?:

While some might scoff at the idea of there even being a bubble in hi-tech start-ups, it appears the massive wall of money that has been thrown at dot-com 2.0 names – all money-losing, social, mobile, cloud name-droppers – has dried up. As The TechCrunch Bubble Index shows, the last 90 days have seen startup-funding announcements collapse over 40% to their lowest level in almost 3 years

 – Gold Tops $1200 As China Cuts, Draghi Jawbones:

First Mario Draghi made some strong statements speaking in Asia that “It is essential to bring back inflation to target and without delay,” which sent EURUSD tumbling BUT did not spark moves in the S&P 500 (though Gold slipped). It was not until the PBOC cut rates (and sent AUD surging) that the US equity market perked up and started ripping… along with gold and as the morning progressed, gold has kept going as it is clear the Central Banks of the world have only one policy left… (no wonder the Dutch want their gold back)

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Nov 21

Chinese Kids Driving Supercars: Inside the Secret Southern California Meet-up

Nov 18, 2014

Description:

China’s ultra-rich are growing in number and in wealth – and are sending billions of dollars out of the country. Much of it is landing up in the U.S. where many children of the wealthy elite are sent to get an American college education — and they’re living large. Vocativ found a sub-culture of these Chinese students in California. They drive luxury cars like Maseratis and Ferraris and flaunt their wealth at discreet private parties and in online groups, like “Super Cars in America”.

tony-blair-jimmy-saville

- ‘Diabolical & absurd’: Outrage as Save the Children gives Tony Blair Global Legacy Award:

A decision by UK charity Save the Children to give Tony Blair its annual Global Legacy Award has unleashed a torrent of criticism highlighting the former PM’s role in Britain’s 2003 Iraq war and his controversial business dealings in the Middle East.

The former Labour leader, who is currently a key focus of a public inquiry into Britain’s invasion of Iraq, received the honor on Wednesday night at a star-studded gala hosted by the charity in New York.

Save the Children’s decision to offer Blair the award has provoked outrage across the UK, with critics insisting the move utterly discredits the charity.

tony-blair-war-criminal

Flashback:

- DEPLETED URANIUM: ‘THE GREATEST CRIME OF HISTORIC TIME’

- Dramatic Drone’s-Eye View Of The Record Upstate New York Snowfall:

With half the nation covered in snow, according to ABC, nowhere appears to have had it worse (or more suddenly) than upstate New York. As images pour in from lake-effect snow, to The Buffalo Bills stadium, and from scenes caught in a snow storm to pandas playing, we thought the following stunning drone’s-eye-view over Erie County was both incredible in its beauty and cruel in its GDP-destroying reality.

A Drone’s eye view of the beauty (and GDP cruelty) of a snow-buried upstate New York

- 141-year-old cold record shattered in Jacksonville:

For the second morning in a row, Jacksonville, Florida, dropped to a new record low.

- Climatologist: 30-Year Cold Spell Strikes Earth:

With nasty cold fronts thrusting an icy and early winter across the continental U.S. — along with last winter described by USA Today as “one of the snowiest, coldest, most miserable on record” — climatologist John L. Casey thinks the weather pattern is here to stay for decades to come.

In fact, Casey, a former space shuttle engineer and NASA consultant, is out with the  provocative book “Dark Winter: How the Sun Is Causing a 30-Year Cold Spell,” which warns that a radical shift in global climate is underway, and that Al Gore and other environmentalists have it completely wrong.

The earth, he says, is cooling, and cooling fast.

And yes, you read that one right:

- The Wrath of Draghi: Biggest German Banks Impose “Negative Interest Rates”:

Commerzbank, Germany’s second-largest bank, a toppling marvel of ingenuity during the Financial Crisis that was bailed out by ever dutiful if unenthusiastic taxpayers, will now reward these very folks with what Germans have come to look forward to: the Wrath of Draghi.

It started with Deutsche Skatbank, a division of VR-Bank Altenburger Land. The small bank was the trial balloon in imposing the Wrath of Draghi on savers and businesses. Effective November 1, those with over €500,000 on deposit earn a “negative interest rate” of 0.25%. In less euphemistic terms, they get to pay 0.25% per year on those deposits for the privilege of giving their money to the bank.

“Punishment interest” is what Germans call this with Teutonic precision.

- Amazon robots prepare for Christmas:

The squat, wheeled machines move stocked shelves to workers

In its latest bid to boost productivity and speed delivery, Amazon.com Inc. is deploying a robot army.

The Seattle online retailer has outfitted several U.S. warehouses with squat, orange, wheeled robots that move stocked shelves to workers, instead of having employees seek items amid long aisles of merchandise, according to people familiar with the matter. At a 1.2-million-square-foot warehouse in Tracy, Calif., about 60 miles east of San Francisco, Amazon this summer replaced four floors of fixed shelving with the robots, the people said.

Now, “pickers” at the facility stand in one place and wait for robots to bring four-foot-by-six-foot shelving units to them, sparing them what amounted to as much as 20 miles a day of walking through the warehouse. Employees at some robot-equipped warehouses are expected to pick and scan at least 300 items an hour, compared with 100 under the old system, current and former workers said.

The robots are the fruits of Amazon’s 2012 purchase of Kiva Systems Inc. for $775 million. In May, Amazon Chief Executive Jeff Bezos told investors at Amazon’s annual meeting that he planned to deploy 10,000 Kiva robots by year-end, up from 1,400 at the time.

- A Quick Look At Goldman’s Takeover Of The US Judicial System: NY Fed Edition:

One really just can’t make this up. Perhaps the Fed inspector general, when he is done “fixing” the corruption at the NY Fed will be so kind to take a look at the Goldman takeover of the US judicial system next.

And the saddest thing: it cost the banks (and their lawyer lackeys) under a million to buy America’s judicial system off: American justice is not only for sale, it goes at firesale prices!

- The NY Fed’s Attempt To Explain That It Is Not A Subsidiary Of Goldman Sachs:

The most shocking, if already completely buried, news of the day was that – in yet another confirmation that Goldman Sachs is in charge of the New York Fed – a NY Fed staffer was colluding and leaking confidential, material information to a 29-year-old Goldman vice president, himself a former Federal Reserve employee. This only happened because on the day Carmen Segarra disclosed her 47 hours of “secret Goldman tapes” on This American Life, Goldman executives asked the former Fed staffer where he had gotten what appeared to be confidential information from. To nobody’s surprise the answer was: The New York Fed. So as the latter, also known as the biggest hedge fund of the western world with $2.7 trillion in AUM, is scrambling to once again prove it is shocked, shocked, that it has become merely the latest subsidiary of Goldman Sachs, Inc., it released the following statement explaining what “really” happened.

change-we-can-believe-in

- “Some Folks Lied” – How The Administration Fabricated Obamacare Enrollment Numbers:

Two months ago, to much fanfare by the progressive community, HHS, if not Dr. Jonathan Gruber, were delighted to report that as of August 15, Obamacare enrollment had hit 7.3 million sign ups, well above the 7.0 million goal. Then a week ago we learned that “projection mistakes were made” after the “Obama administration revised its estimate for Obamacare enrollment, now saying – with the bruising midterms safely in the rearview mirror – that it expects some 9.9 million people to have coverage through the Affordable Care Act’s insurance exchanges in 2015, millions fewer than outside experts predicted.” Fast forward to today when moments ago Bloomberg reported, that “the Obama administration included as many as 400,000 dental plans in a number it reported for enrollments under the Affordable Care Act, an unpublicized detail that helped surpass a goal for 7 million sign-ups.

- Dutch government refuses to reveal ‘secret deal’ into MH17 crash probe:

The Dutch government has refused to reveal details of a secret pact between members of the Joint Investigation Team examining the downed Flight MH17. If the participants, including Ukraine, don’t want information to be released, it will be kept secret.

– Neo-Feudalism Has Officially Arrived – Congressman Suggests Building A Moat Around White House:

While the general population is aware something is seriously wrong, people remain extremely confused about the root of the problem. This is because what’s happening all around us isn’t socialism and it isn’t free market capitalism. It is actually a return to something much more ancient and much more oppressive. It is a return to serfdom, neo-fedualism and oligarchy.”

- Giant sinkhole swallows up old mine in Russia’s Urals (PHOTOS):

A sinkhole 20 by 30 meters (65 by 98 feet) in size has been found near a Uralkali mine in Russia’s Perm region. While the company says the development is of no further threat, locals fear the whole nearby town could go underground.

Putin-Gold

- As The “Sanctions War” Heats Up, Will Putin Play His ‘Gold Card’?:

The topic of ‘currency war’ has been bantered about in financial circles since at least the term was first used by Brazilian Finance Minister Guido Mantega in September 2010. Recently, the currency war has escalated, and a ‘sanctions war’ against Russia has broken out. History suggests that financial assets are highly unlikely to preserve investors’ real purchasing power in this inhospitable international environment, due in part to the associated currency crises, which will catalyse at least a partial international remonetisation of gold. Vladimir Putin, under pressure from economic sanctions, may calculate that now is the time to play his ‘gold card’.

A BRIEF HISTORY OF THE CURRENCY WAR

RUSSIA, NATO AND THE ‘SANCTIONS WAR’

SO, WILL PUTIN PLAY THE ‘GOLD CARD’?

gold_vault

- Missing Gold – Precious Metals in WTC 4 Vault: Only a Fraction Recovered?:

Why is there this huge discrepancy between the value of gold and silver reported recovered, and the value reported to have been stored in the vaults? There are a number of possible explanations, from outright theft using the attack as cover, to insurance fraud. Until there is a genuine investigation that probes all the relevant facts and circumstances surrounding the attack, we can only speculate.

- Retail Rapture: UK Grocery Sales Drop 1st Time In 20 Years, Dollar General To Shut 4000 Stores:

For the first time since it began collecting data in 1994, Kantar Worldpanel, the market researcher, reported a decline in UK grocery sales by value, as The FT reports the biggest UK grocers were “losing market share hand over fist,” as analysts warn “there are phoney price wars, and there are real price wars. This is a real price war.” This comes on the heels of Goldman report claiming 20% of British grocers are surplus to requirements. But it’s not just Britain… in the the cleanest dirty shirt world-economic-growth supporting decoupled economy of the USA, Reuters reports Dollar General may need to divest more than 4,000 stores to win approval from the U.S. Federal Trade Commission for its acquisition of Family Dollar.

robots-security-robocops-knightscope

- 5-foot-tall ‘Robocops’ start patrolling Silicon Valley:

Autonomous “Robocop”-style robots, equipped with microphones, speakers, cameras, laser scanners and sensors, have started to guard Silicon Valley.

The security robots, called Knightscope K5 Autonomous Data Machines, were designed by a robotics company, Knightscope, located in Mountain View, California.

The robots are programmed to notice unusual behavior and alert controllers. It also has odor and heat detectors, and can monitor pollution in carpets as well. Last but not least: with cameras, the Robocops can remember up to 300 number plates a minute, monitoring traffic.

- The New World Order: Does It All Just Boil Down To A Battle For Your Soul?:

This problem extends into the oligarchy of globalists, who adore the theories expressed in Plato’s “The Republic,” in which an elite cadre of “philosopher kings,” men who have achieved a heightened level of academic knowledge, are exalted as the most qualified leaders. However, leadership requires more than knowledge, even if that knowledge is profound. Leadership also requires compassion and informed consent, two things for which the elites have no regard.

- American-born London mayor refuses to pay US taxes, threatens to renounce citizenship:

The Internal Revenue Service reportedly wants London Mayor Boris Johnson to write a check for taxes he owes to the United States government, but the UK politician says he isn’t paying.

Those ‘brilliant’ Japanese ‘visionaries’ never heard of Fukushima:

underwater-city-plan-japan

- Living under the sea: Japanese visionaries unveil underwater city plan:

Will people ever live in underwater cities? Japanese construction firm says it is possible by 2030. The visionaries revealed a $25 billion deep-sea eco-city plan called Ocean Spiral for 5,000 people that will produce energy from sea resources.

Many have pondered the idea of living under the sea while sci-fi film directors such as George Lucas tempted our imagination with stunning images of underwater cities. Such was the Gungan city consisting of a mass of hydrostatic bubbles shown in the first part of the “Star wars” epic space film series.

Now a Japanese construction firm Shimizu Corp. says that building an underwater residential area is not a fantasy and aims to build one by 2030 – in just 15 years.

- China and others can cripple US power grid, NSA admits for the first time:

The head of the National Security Agency warned Congress on Thursday that China and “one or two” other nations currently possess the capability of crippling the American power grid through cyberattacks.

- 6 Months Before The Fed Is Said To Hike Rates, It Still Has No Idea How It Will Do That:

It has become quite clear that the Fed neither has the intention, nor the market mechanism to do any of that, and certainly not in a 3-6 month timeframe. Which may explain the Fed’s hawkish words on any potential surge in market vol. After all, if the nearly $3 trillion in excess reserves remain on bank balance sheets for another year, then the only reason why vol could surge is if the Fed lose the faith of the markets terminally. At that point the last worry anyone will have is whether and how the Fed will tighten monetary policy.

- Initial Jobless Claims Hit 2-Month Highs, Continuing Claims Tumble To 14-Year Lows:

It is still far too early to call a turn in the long-term trend of initial jobless claims but this is the 5th week that new lows have not been made, 4th miss in a row, and (despite last week’s upward revision) claims sit at 2-month highs. Initial claims printed 291k (against 284k expectations) down very slightly from an upwardly revised 293k last week. However, continuing claims continue to tumble to fresh cycle lows at 2.33 million (below expectations and well down from last week’s jump).

- Another Triple-Fat-Finger VIX Day Saves Stocks:

Ugly data in Asia, Europe, and US PMI meant US equities opened gap-down… that was unacceptable to ‘someone’ and so the “most shorted” names were squeezed. However, after 10 minutes the ramp started to fade… and so the big boys ‘fat-fingered’ VIX and that rescued the dip. That would be fine… but it happened again at 958ET when stocks started to fade again and suddenly VIX was lit up and zoom… stock momentum was ignited and all was well in the world… Broken record? Yes! But clearly someone has to take note of this rigging…

- Ice on the Mississippi River in Iowa:

“I’ve seen ice like this or even worse, but it’s usually not until the middle of December,” says lockmaster.

Game 9 – 2014 World Chess Championship – Magnus Carlsen vs Viswanathan Anand

WTF: A Night With Japan’s Highest Paid Male Gigolo

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Nov 19

Due to a lot of work that needs to be done & upcoming events (incl. visitors) I’ll be presenting the news to you in the following way up until around Dec. 4.

This way you’ll still get fully updated, whilst I save many, many, many hours of work on the website.


U.S. Foreign Policy
America-Endless-War
Source: Cagle Post

- Ukraine Admits Its Gold Is Gone: “There Is Almost No Gold Left In The Central Bank Vault”:

Back in March we reported of a strange incident that took place just after the Ukraine presidential coup, namely that according to at least one source, “in a mysterious operation under the cover of night, Ukraine’s gold reserves were promptly loaded onboard an unmarked plane, which subsequently took the gold to the US.”  Needless to say there was no official confirmation of any of this taking place, and in fact our report, in which we mused if the “price of Ukraine’s liberation” was the handover of its gold to the Fed at a time when Germany was actively seeking to repatriate its own physical gold located at the bedrock of the NY Fed, led to the usual mainstream media mockery. Until now. In an interview on Ukraine TV, none other than the head of the Ukraine Central Bank made the stunning admission that “in the vaults of the central bank there is almost no gold left. There is a small amount of gold bullion left, but it’s just 1% of the gold reserves.”

- California Tells Court It Can’t Release Inmates Early Because It Would Lose Cheap Prison Labor:

Out of California’s years-long litigation over reducing the population of prisons deemed unconstitutionally overcrowded by the U.S. Supreme Court in 2010, another obstacle to addressing the U.S. epidemic of mass incarceration has emerged: The utility of cheap prison labor.

- Grubergate For Idiots (Such As American Voters): All You Need To Know In 2 Minutes:

Confused at just what Jonathan Gruber, friend (or not friend) of President Obama and Nancy Pelosi, said (and didn’t say)? Here is the two-minute idiot’s guide to the Obamacare architect (or not Obamacare architect)‘s controversial comments (and just who did and did not know him)…

GruberGate: “Senator” Obama Vs “President” Obama (Videos):

If you like your Jon Gruber “brightest minds from academia, that I have stolen ideas from liberally”, you can keep your Jon Gruber…

- Obama: I will send US troops to fight ISIS if they get nukes:

US President Barack Obama has, for the first time, admitted he would deploy US ground troops to Syria and Iraq to fight Islamic State – that is, if the extremist group obtained a nuclear weapon.

“If we discovered that [Islamic State] had gotten possession of a nuclear weapon, and we had to run an operation to get it out of their hands, then, yes,” Obama told reporters at a news conference in Brisbane, Australia, on Sunday. “I would order it.”

- Putin:’US wants to subdue Russia, but no one did or ever will':

The US has no plans to humiliate Russia, but instead wants to subdue it, Russian President Vladimir Putin has said, adding that no one had ever succeeded in doing so – and never will.

Speaking at a forum of the All-Russia Peoples’ Front in Moscow on Tuesday, the Russian leader said that history was not about to change, and that no one would manage to suppress the country.

Throughout history no one has ever managed to do so toward Russia – and no one ever will,” Putin said.

H/t reader squodgy:

As a side note: It is well known that radiation makes viruses (also harmful bacteria and other parasites) become more virulent:

- West Coast Scientists: Many animals on sea floor looking sick or dead — “Everything’s dying… Dead, dead, dead, and dead” — Experts investigate what’s killing sea urchins and cucumbers in Pacific Northwest — “Seeing things never previously observed” (PHOTOS):

National Geographic, Nov 17, 2014 (emphasis added): Urchins and cucumbers seemed to have escaped the ill effects of the virus until now. But in recent weeks, reports have started to come in that they too are dying along beaches in the Pacific Northwest, Hewson said… [He and his team are] studying the urchins and sea cucumbers that are already dying to see if the same killer is responsible.

- Experts: Seemingly benign virus on West Coast causing “ecological upheaval the likes of which we’ve never seen” — Very peculiar, different from all known viruses — Mutations could be helping it spread — Something may have recently caused it to go rogue… we’ve never seen anything like this — Why now, what changed to allow outbreak? (VIDEO):

NBC News (emphasis added): Scientists may have fingered the culprit responsible for a mysterious epidemic that has killed millions of starfish… the disease was a relatively common parvovirus found in invertebrates that rose to epidemic levels due to overpopulation, a genetic mutation or other unknown environmental factors.

PBS: Scientists… said it’s a virus that’s different from all other known viruses infecting marine organisms [and] don’t yet know what sparked the seemingly benign virus to transform into the perpetrator of what’s considered the largest marine disease outbreak ever…

- Big Win! Monsanto Reports $156 Million Loss in Q4 as Farmers Abandon GM Crops:

Are you invested in Monsanto stock like Bill Gates, who owns hundreds of thousand of Monsanto shares worth about $23 million? It might be time to pull out since the company just reported over $156 million in losses for the fourth quarter.

- Even McDonald’s Rejects New GMO Potato in French Fries:

Still Plenty of Reasons NOT to Eat There

- Here We Go Again: Demand For Subprime Debt Is “Out Of Control”:

As Kyle Bass once eloquently noted, the brevity of financial memory is about two years; and nowhere is that more clear than in the explosive resurgence of demand for new subprime-mortgage-backed products. As Scotsman Guide reports, some subprime lenders are reporting strong investor appetite for the once-reviled mortgage products (for borrowers with credit scores as low as 500 and with debt-to-income (DTI) ratios as high as 50 percent). “It’s out of control; it seems like there’s 10 times the amount of demand to buy this paper as there are borrowers that want the loans,” said one lender. As Bass may have also said “proceed with caution.”

- Approx. 100 t of sardines washed ashore in Pacific coastal area of Hokkaido again – Photos

- A Letter from the Norwegian Nobel Committee to Barack Obama:

You are the most undeserving Nobel Peace Prize winner since the odious, war-mongering Henry Kissinger. What company you keep! We were delusional dupes for giving the Peace Prize to him and you both. That is all. Now, back to “Lilyhammer.”

The Norwegian Nobel Committee
Drammensveien 19 NO-0255 OSLO
Norway

H/t reader squodgy:

“Here is one tale of how the Reypothecation might have taken place.

Of course, bankers, being honest, and politicians never lying, mixed with zionist israelis could never meld into planning and executing the biggest heist ever, under the guise of a false Arab terror plot whilst killing 3000 innocent Gentiles , just Gentiles (3000 jews were told not to turn up for work on 9/11) resulting in total surveillance of all the other gentiles on the planet carried out in the main by mossad connected security companies.

Also, isn’t it pure coincidence that the security at the Fukushima plant was also under the control of a mossad connected security firm..

http://cryptome.org/eyeball/gold-vault/gold-vault-frbny.htm

Don’t miss: - http://cryptome.org/eyeball/gold-vault/gold-vault-frbny.htm:

The gold vault in the Federal Reserve Bank New York is reportedly the largest gold depository in the world. Yet compared to other major gold vaults, such as the one at Fort Knox, it appears lightly secured. There are one or two guards at the loading dock which connects to the vault. Because the building is located in a dense urban area, its walls and entrances abut sidewalks without security barriers like those at other bullion depositories. The site of the building slopes such that the topmost levels of fve basements where the vaults are located directly adjoins two streets, albeit there are reinforced concrete walls with steel face plates as well as interior alarm systems protecting the hoard. (See note below on basement levels and wall thicknesses.)

Copies of the original 1922 construction drawings of the facility, publicly available at Avery Architectural Library, Columbia University, were obtained by Cryptome. A floor plan of a vault level is provided below.

- Wholesale Inflation Heats Up Due To Jump In Car, Food Costs, New Calculation Method:

Janet Yellen will be pleased… or not. Producer Price Inflation printed hotter than expected across all its various incarnations (good news, no deflation; bad news, no deflation excuse for The Fed). Ex Food-and-Energy prices rose 1.8% YoY (4-month highs), considerably more than the 1.5% expectations but surged 0.4% MoM – the most in 16 months. PPI Final Demand rose 1.5% YoY (1.3% exp). The rise in PPI appears driven by Food prices which are up 1.0% (the most since April) and Trade PPI (+1.5%) thanks to a 26.1% jump in margins for fuels and lubricants retailing (under new calculation methods) accounted for nearly 40% of the rise in final demand.#

- Hugh Hendry: “I Believe Central Bankers Are Terrified”:

“My premise hasn’t really changed since I published my paper explaining why I had become more constructive towards risk assets this time last year. That is to say, the structural deficiency of global demand continues to radicalise the central banking community. I believe they are terrified: the system is so leveraged and vulnerable to potentially systemic price reversals that the monetary authorities find themselves beholden to long only investors and obliged to support asset prices. However, I clearly confused everyone with my choice of language. What I should have said is that investors are perhaps misconstruing rising equity prices as a traditional bull market spurred on by revenue and earnings growth, and becoming fearful of a reversal, when instead the persistent upwards drift in stock markets is more a reflection of the steady erosion of the soundness of the global monetary system and therefore the rise in stock prices is something that is likely to prevail for some time.”

- Relentless US Journalist who has Seen and Felt the Boot of Israeli Fascism is Returning to Palestine for More:

Journalist Zebula “Sha” Hebert has been “shot at, stabbed, pepper sprayed, maced, tear-gassed, tased, arrested, detained, beaten, and interrogated” while conducting his work.  He knows what repression feels like, which is why he is undertaking a highly ambitious project: in the wake of the recent US-backed Israeli assault, Hebert will return to Palestine and spend a year in Gaza.  He will conduct interviews with Gazans, publish reports, and ultimately write a book about his findings and experiences, all to help amplify the voices of a trapped refugee population being brutalized by the world’s most powerful aggressors.

Hebert conducted an interview with Robert Barsocchini for Washington’s Blog, to elucidate and spread the word about his upcoming journalistic endeavor:

- Indonesia still performs ‘virginity tests’ on female police job applicants – HRW:

Indonesia’s practice of subjecting would-be female police officers to ‘virginity tests’ is “discriminatory and a form of gender-based violence,” that has to be stopped, Human Rights Watch says.

- ‘RT will soon be banned in Germany too’: Russian FM jokes at media conference:

The Russian FM known for his impeccable diplomatic skills, brightened the mood of the media conference held in Moscow after meeting with the German foreign minister. Both diplomats chuckled at the joke that was addressed to RT.

In my opinion another test of advanced technology (that will be used in the future against the people to make them accept the NWO):

- Chelyabinsk meteor #2? Massive flash over Russia’s Urals stuns locals & scientists:

An extraordinary bright orange flash has lit up the sky in Russia’s Sverdlovsk region in the Urals. While locals captured the massive ‘blast’ on numerous cameras, both scientists and emergency services still struggle to explain the unusual event.

- Kissinger Warns “We Need A New World Order”; Ukraine Should Forget Crimea & NATO:

Former U.S. Secretary of State Henry Kissinger says in an interview with Der Spiegel that there currently is an urgent need for a new world order, but its coming into being will be long and complicated. “There is the Chinese view, the Islamic view, the Western view and, to some extent, the Russian view. And they really are not always compatible,” he warns, adding that introducing anti-Russian sanctions was a mistake. He added that Ukraine should not hope to become a member of NATO in the foreseeable future, as the alliance will never vote unanimously for the accession of Ukraine.

- Game 8 – 2014 World Chess Championship – Viswanathan Anand vs Magnus Carlsen:

Reader squodgy sent this to me:

“Spotted in Canada”

Spotted in Canada

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Nov 15

- Swiss National Bank Admits Directly Buying Small-Cap Stocks (ZeroHedge, Nov 14,  2014):

While we have noted previously that a cluster of central banking investors has become major players on world equity markets,” and the BoJ has recently tripled its direct manipulative buying of stocks (after buying a record amount in August)… the conspiracy-theorist-dismissers will have to close their eyes and ears as the Swiss National Bank admits in its 2013 annual report that it greatly expanded its share of foreign stocks purchased… most notably small-cap companies.

Maybe it is time to reign in the SNB with the Gold Initiative?

SNB

h/t @Gloeschi

*  *  *

So does anyone still think the Fed does not do this?

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Nov 12

- Just 15 WTF Charts (ZeroHedgfe, Nov 11, 2014):

The WTF charts just got WTF-ier…

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Nov 10

- Interviewing John Hussman: “The Market Is Overvalued By 100%” (PeakProsperity, Nov 8, 2014):

John Hussman is highly respected for his prodigious use of data and adherence to what it tells him about the state of the financial markets. His regular weekly market commentary is widely regarded as one of the best-researched, best-articulated publications available to money managers.

John’s public appearances are rare, so we’re especially grateful he made time to speak with us yesterday about the precarious state in which he sees global markets. Based on historical norms and averages, he calculates that the ZIRP and QE policies of the Fed and other world central banks have led to an overvaluation in the stock market where prices are 2 times higher than they should be: Continue reading »

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Nov 10

What could possibly go wrong?


- And The Biggest “Source Of Equity Demand In Recent Years”, According To Goldman Sachs, Is…

Spoiler alert: it’s not the Fed, even though the portfolio rebalancing channel courtesy of a $4.5 trillion Fed balance sheet certainly assured that the artificially inflated bubble in stocks, as a result of the Fed’s own purchases of bonds, is unlike anything seen before (and to all those debating whether the bubble is in bonds or stocks, here is the answer: it is in both). The answer, according to Goldman’s David Kostin is the following: From a strategic perspective, buybacks have been the largest source of overall US equity demand in recent years.”

But who needs growth when the Chief Executives of America’s largest corporations are about to trickle down their record, stock-buybacks driven bonuses for yet another year.

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Nov 08

In my opinion the elitists are doing everything through their (idiotic) puppets like Obama, Yellen, Abe etc. to cause an epic financial/economic collapse.

They control the banks, the media, the governments and most corporations.

If you doubt that, then you better start to follow the money and study the Rothschilds and their agents (the Schiffs, the Warburgs, the Rockefellers, the Morgans etc.).

The elitists were behind the French revolution (like it or not).

They were behind the Russian revolution.

They were behind WW I & WW II and now they a have the greatest economic/financial collapse in world history, civil war and WW III planned for us.

Never think that just because that their puppets act like f****** idiots that they haven’t planned all of this meticulously.

Again, never misunderestimate the elitists no matter how dumb their puppets actions may appear to you on the surface.

Nobody would play chess against Kasparov, Karpov, Fischer at the height of their creative power and underestimate their moves.

The people are playing chess against the elitists, but can’t even see the full board, nor all the moves by the elitists.

The only reason the people call their moves stupid is because that makes them feel better, when in reality they do not understand what is planned for them.


- Central Planners Are In A State of Panic (Peak Prosperity, Nov 6, 2014):

Japan’s black swan flaps its wings

The central planners are in a state of fear and panic.  They are trying everything and anything to create market validation for their policies, watching with trepidation as their favored economic metrics fail to respond to all of their frenzied efforts.

They are so far over the tips of their skis right now that there’s nothing they won’t do. They’ve summarily thrown granny under the bus because they have this idea that negative real interest rates are the cure.  The cure for what?  The massive amounts of debts and imbalances their prior policies caused.  So savers are punished in the pursuit of policy.  You know, ‘for the greater good’ and all that.

They’ve spurred the greatest wealth gap ever in US history, greater even than at the extremes of the Great Depression, apparently without the slightest concerns for Plutarch’s ancient admonition that “An imbalance between rich and poor is the oldest and most fatal ailment of all republics.” Continue reading »

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Nov 08

The New Normal: From $1 Billion IPO To Bankruptcy In 6 Months (ZeroHedge, Nov 7, 2014):

“Surprises like this are poison to the stock market, and this is one of the big surprises,” exclaims the head of listing for Nasdaq’s Copenhagen exchange as OW Bunker A/S – a marine fuel bunker company – went from $1 billion-plus IPO in April to bankruptcy today.

From $1billion IPO to bankruptcy in just over 6 months…

20141107_OWB

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Nov 04

- Something Is Seriously Broken (ZeroHedge, Nov 3, 2014)

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Nov 04

- US Stocks Play Vertical Catch Up To USDJPY’s Overnight Surge (ZeroHedge, Nov 3, 2014):

Just as we ‘forecast’ this morning, on no news whatsoever…

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Nov 04

- Why Apple Is Preparing To Issue Even More Bonds (ZeroHedge, Nov 3, 2014):

As its recent 10-K confirmed, AAPL’s domestic cash – the amount of cash available for such corporate transactions as dividends and buybacks – had dropped to just $18.1 billion (and that is including the several billion in commercial paper issued in fiscal Q4), the lowest domestic cash hoard since March 2010, a time when AAPL’s offshore cash was a tiny $24 billion compared to the near record $137 billion last quarter!  So knowing full well that a buyback a day keep the Icahnator away, AAPL, urgently looking to refill its domestic cash since its offshore cash remains untouchable (absent being taxed on its repatriation), did the only thing it could do: prepare to issue more bonds, which is what we forecast would happen a few weeks ago, and what the WSJ overnight confirmed is already in progress.

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Nov 01

kuroda_0

- The Halloween Yen Massacre Sends Market To All-Time Highs (ZeroHedge, Oct 31, 2014)

Related info:

- What The BOJ’s Shocking Announcement Really Means: FULL MONETIZATON

- Shocking Bank Of Japan Trick And QE Boosting Treat Sends Futures To Record High – Nikkei Futures Halted Limit Up (+1100) As USDJPY Tops 112

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Oct 29

- Historic Short Squeeze, Biggest In 3 Years, Sends Small-Caps Soaring; Dow Tops 17,000 (ZeroHedge, Oct 28, 2014):

n a strangely familiar case of deja vu all over again, stocks surged (alone in the cross-asset class world of economic reality) on the day before an FOMC statement. The Russell 2000 has had its best 10-day run in 3 years, best day of the year, and managed to scramble back to its 100- & 200-day moving-average. Dow 17,000 was another key technical level that was achieved. S&P 500 was levitated on volume around 40% below average into the green for October. VIX was banged under 15 and tracked stocks. Away from the equity-vol complex, asset-classes were unimpressed – HY credit, bonds, JPY, and the USD all diverged from stocks. USD weakened slightly, and commodities all gained on the day. TSY yields were up 2-3bps and HY closed practically unchanged. “Most shorted” stocks rose almost 3% – the biggest squeeze since Dec 2011 – smashing the Russell 2000 higher.

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Oct 29

Christmas is approaching and those bonuses are getting bigger that way.


- The Buyback Of Things: IBM To Repurchase Another $5 Billion In Stock In Next Two Quarters (ZeroHedge, Oct 28, 2014):

When all else fails, and there is no growth, what you gonna call? Buybackbusters!

A week after IBM reported atrocious earnings, due to a variety of issues but most of all because it simply repurchased the least amount of stock in the past  quarter in years (as it was approaching the limit of its buyback authorization), Big Blue is back to doing the one thing it does well: the buyback of things, in this case revealing its board has just authorized $5 billion in stock buybacks through April 2015 which means that with the $1.4 billion still under authorization, IBM is set to purchase about $3.2 billion in Q4 2014 and Q1 2015, each. And then, in April 2015, IBM will ask for an even bigger stock buyback authorization from its board. Which, clearly, the board – whose IBM stock will promptly rise as a result – will grant.

Just released by IBM: Continue reading »

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Oct 28

- Brazilian Stocks Plunge 6% To 7-Month Lows After Rousseff Win (ZeroHedge, Oct 27, 2014):

Just as we warned last night was indicated by the Japanese market’s Brazil ETFs, so the IBOVESPA has opened down over 6% this morning on very heavy volume following the ‘disappointing for the bulls’ electionvictory of Dilma Rousseff. Despite her associations with Petrobras (which may have suggested it bounced), the favorite Jim Chanos short is being crushed, down 14% at the open. The Real is tumbling too, breaking above 2.54 to its weakest against the USD since Dec 2008.

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Oct 27


25.10.2014

Description:

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the increasingly bankrupt British government as a sinking ship on George Osborne’s river of denial. They discuss the remedy for the ‘too many poor people’ for democracy problem being global trade deals like TTIP and TPP whereby elected leaders can claim ‘their hands are tied’ by contractual obligations. In the second half, Max interviews Helena Norberg-Hodge of LocalFutures.org about the Economics of Happiness in a time of rising inequality.

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Oct 25

- Does Anyone Else Think the Stock Market Is Living on Reds, Vitamin C and Cocaine?  (Of Two Minds, Oct 23, 2014):

This state of delusion would be amusing if it wasn’t so tragic.

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Oct 23

- Saxobank CIO Warns “Another Shock Drop Is Coming.. And It’s Coming Soon” (ZeroHedge, Oct 22, 2014):

Saxo Bank’s Chief Economist Steen Jakobsen is predicting another ‘shock drop’ in the markets within a few weeks. With debt and low inflation continuing to create a nervous atmosphere behind most markets, Steen argues that we will hit fresh lows in mid-November. Steen takes the view that central bank policy is creating a ‘fantasy land’ for investors and he points out that the recent ‘day dive’ in markets was a closer reflection of reality. Steen outlines his suggestions for trading ahead of another dip in mid November with targets for the S&P 500 around 1810 and the Dax at 8000 – 7800. Be long fixed income as it is “a free put on the equity market.. and the economic cycle is not yet ready to adapt to a rising interest rate.”

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Oct 23

- WTI Crude Slides Below $81 (ZeroHedge, Oct 22, 2014):

It appears some of the ‘fundamental’ legs of the face-ripping ramp in stocks are fading. Broken Markets – nope; Fed Speakers – nope (blackout period); Crude rising – nope (WTI back under $81)

20141022_crude

Why it matters… Continue reading »

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Oct 23

- Someone Didn’t Do The Math On The ECB’s Corporate Bond Purchasing “Trial Balloon” (ZeroHedge, Oct 22, 2014):

In other words, the “mega-leak” from the ECB will hardly scratch the surface in terms of the required liquidity injections, and certainly will be insufficient if at some point in the coming year, the BOJ finds it too has run out of collateral and is forced to wind down its own QE.

So after actually doing the math we wonder: how long before the market realizes Draghi’s latest bazooka was another water pistol, and how long until Reuters is forced to go with the nuclear leak – that the ECB is now considering monetizing ETFs and, gasp, stocks.

Because that, ladies and gentlemen, is the endgame here.

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Oct 21

Blood Red From Big Blue: Why IBM Is Crashing, In Charts (ZeroHedge, Oct 20, 2014):

Remember when three short months ago we revealed what was “the scariest chart in IBM’s history”, namely the one showing IBM’s total debt to equity ratio? With this chart, incidentally, we also explained why IBM’s ridiculous stock repurchasing strategy, which had seen $37.7 billion in stock buybacks since 2012, or more than the total debt issuance of $33.6 billion during the same period could not continue and why, inevitably, IBM would have a massively disappointing quarter? Well, that quarter just hit, when moments ago in an early press release, IBM reported abysmal adjusted EPS of only $3.68, a huge miss to the $4.32 Wall Street expected, mostly a function of one simple thing: the buyback “strategy” finally hit a brick wall.

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Oct 18

- Happy 27th Anniversary Black Monday (ZeroHedge, Oct 17, 2014):

“It could never happen again… right?”

20141017_Black Monday 1987

And if you think this time is different – just take a look at the ‘tricks’ they used 27 years ago to stop the fall – A Fed statement and borken/halted exchanges… Continue reading »

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Oct 18

- And The Market Breaks Again… (ZeroHedge, Oct 17, 2014)

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Oct 18

- Jim Rogers Warns: Albert Edwards Is Right “Sell Everything & Run For Your Lives” (ZeroHedge, Oct 17, 2014):

From Bitcoin to the Swiss gold referendum, and from Chinese trade and North Korean leadership, Jim Rogers covers a lot of ground in this excellent interview with Boom-Bust’s Erin Ade. Rogers reflects on the end of the US bull market. citing a number of factors from breadth to the end of QE, adding that he agrees with Albert Edwards’ perspective that now is the time to “sell everything and run for your lives,” as the “consequences of [The Fed] are now being felt.” Most notably though, Rogers believes the de-dollarization is here to stay as Western sanctions force many nations to find alternatives. Simply put, Rogers concludes, “we are all going to pay a terrible price for all this money-printing and debt.”

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Oct 17

- Prepare For Epic Volatility: E-mini Liquidity Is Nonexistant (ZeroHedge, Oct 16, 2014):

If you thought the last several days were volatile in the market, you ain’t seen nothing yet: judging by the early liquidity, or rather complete lack thereof, in the market moving E-Mini contract, the asset class through which as we disclosed a month ago central banks directly manipulate markets with the CME’s blessing, then we urge all those who have stop losses close to the NBBO to quietly pull those as they will get hit adversely. The reason? As this Nanex chart of ES orderbook levels show, there is zero, zilch, nada liquidity in the ES (purple line, compare to orange yesterday).

ES liquidity Oct 16

Which means that should yesterday’s volumes carry over into today (volumes which were so high, bank dark pools had to rebuff orders as they couldn’t handle the order surge) and move a market in which there is virtually no orderbook buffer, the S&P will certainly jump around like a rabid bull on meth. Continue reading »

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Oct 17

- 9 Ominous Signals Coming From The Financial Markets That We Have Not Seen In Years (Economic Collapse, Oct 14, 2014):

Is the stock market about to crash?  Hopefully not, and there definitely have been quite a few “false alarms” over the past few years.  But without a doubt we have been living through one of the greatest financial bubbles in U.S. history, and the markets are absolutely primed for a full-blown crash.  That doesn’t mean that one will happen now, but we are starting to see some ominous things happen in the financial world that we have not seen happen in a very long time.  So many of the same patterns that we witnessed just prior to the bursting of the dotcom bubble and just prior to the 2008 financial crisis are repeating themselves again.  Hopefully we still have at least a little bit more time before stocks completely crash, because when this market does implode it is going to be a doozy.

The following are 9 ominous signals coming from the financial markets that we have not seen in years… Continue reading »

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Oct 17

- This Time Is Different—–For The First Time In 25-Years The Wall Street Gamblers Are Home Alone (David Stockman’s Contra Corner, Oct 14, 2014):

The last time the stock market reached a fevered peak and began to wobble unexpectedly was August 2007. The proximate catalyst back then was the sudden recognition that the subprime mortgage problem was not contained at all, as Bernanke had proclaimed six months earlier. The evidence was the surprise announcement by the monster of the mortgage midway—–Countrywide Financial—-that it would be taking huge write-downs on its $200 billion balance sheet.

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Oct 16

- Dow Drops 1500 Points In 3 Weeks, Nasdaq Enters ‘Correction’ As VIX Breaks 30 (ZeroHedge, Oct 15, 2014):

From 17,350 intraday highs “proving the recovery is here,” we are 1500 points down just 3 weeks later. The Nasdaq just fell 10.5% from its highs, officially in correction. VIX broke above 30. Perhaps, just perhaps, the gap to fundamentals is finally about to be filled… Continue reading »

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