From James Harkin (Webmaster & Editor of LindseyWilliams.net). Here is a summary of articles of interest from around the world for this week. Please LIKE the Lindsey Williams Online Facebook Page to see stories posted daily regarding the current state of the economy around the world.
Latest News From January 27, 2017 to February 2, 2017:
- Trump Fights to Takedown Bad Guys
According to precious metals and financial expert Bix Weir, what’s going on in Washington now is simply a struggle for control between good and evil. Weir explains, “The left is going nuts. They say they are not violent, but they are causing all these riots and protests everywhere. I am convinced that this takedown of the bad guys is going to get a lot uglier. It will get uglier because the left leaning Obama people have been given so many rights that are not in the Constitution and are not anywhere in a capitalistic society. It’s more towards socialism, and when you try to take away the rights given to socialists, they get armed. They go into the streets.”
- Why One Trader Thinks “The Fed Is About To Take Out The Last Pillar Supporting The Dollar”
Fed Can’t Help Dollar Bulls in Denial. Expect the Fed to take out one of the last pillars of dollar support today. Dollar bulls are still not capitulating despite it being on target for a sixth consecutive week of losses. While some doubts are finally starting to creep in, the majority of analyst notes this week suggest the FOMC can put the dollar uptrend back on track. I’m surprised. It’s hard to see how the Fed can be hawkish given the economic policy turmoil of the last couple of weeks. All measures taken so far by Trump’s administration are negative for growth rather than reflationary. This is particularly pertinent when put in context of how optimistic expectations were only two months ago.
- White House Blackballs CNN; Refuses To Send Surrogates On “Fake News” Network
Well, it's official…according to a note from Politico, the White House has confirmed that surrogates of the Trump administration will no longer appear on CNN and will instead go to “places where we think it makes sense to promote our agenda.” “We’re sending surrogates to places where we think it makes sense to promote our agenda,” said a White House official, acknowledging that CNN is not such a place, but adding that the ban is not permanent. A CNN reporter, speaking on background, was more blunt: The White House is trying to punish the network and force down its ratings. “They’re trying to cull CNN from the herd,” the reporter said. Of course, this development should come as little surprise to anyone who has been paying attention given that Trump has constantly blasted CNN as a “Fake News” outlet ever since his heated exchange with Jim Acosta at a press conference on January 11th.
- Gorsuch Will Not Shift The Balance Of Power On The Supreme Court As Much As You May Think
On Tuesday, President Trump announced that he would nominate Neil Gorsuch to fill the open seat on the U.S. Supreme Court. Gorsuch currently serves on the 10th U.S. Circuit Court of Appeals in Denver, and he was confirmed unanimously by the Senate when he was appointed to that position by President George W. Bush in 2006. Gorsuch appears to have some strong similarities to Antonin Scalia, and many conservatives are hoping that when Gorsuch fills Scalia’s seat that it will represent a shift in the balance of power on the Supreme Court. Because for almost a year, the court has been operating with only eight justices. Four of them were nominated by Republican presidents and four of them were nominated by Democrats, and so many Republicans are anticipating that there will now be a Supreme Court majority for conservatives.
- Trump Picks Anti-Choice Federal Judge Neil Gorsuch for Supreme Court
Within minutes of President Trump’s nomination of federal judge Neil Gorsuch to the Supreme Court, several hundred demonstrators had converged on the steps of the Supreme Court in Washington, D.C. to protest his selection. Waving signs proclaiming, “Gorsuch: Extreme and Dangerous” and “#NoWall #NoBan,” the protesters and a stream of speakers linked the conservative nominee to the administration’s unconstitutional ban on immigrants from seven predominantly Muslim countries, and pledged to defy both.
- Lindsey Williams – The Energy Non-Crisis – Call To Decision Presentation
Lindsey Williams talks about his first hand knowledge of Alaskan oil reserves larger than any on earth. And he talks about how the oil companies and U.S. government won’t send it through the pipeline for U.S. citizens to use.
- Ron Paul Warns: “Second Financial Bubble Going To Burst Soon… Even Trump Can't Stop It”
By all appearances notes SHTFPlan.com's Mac Slavo, President Trump is doing his damnedest to turn around the economy, revitalize jobs and bring back prosperity. But the larger trends are already in place; the cycle is turning, and the bust cannot be put off forever. “Federal Reserve policy has literally set the country up for collapse, and though the central bank has been very creative in making the impossible work, and putting off disaster, nothing can hold back the flood forever. Unfortunately, it looks like Trump may be blamed for a financial crisis that he didn’t cause. Analysts, including notably Brandon Smith, may be correct in pinpointing the attempt to use the new and highly controversial president as a scapegoat for the dirty work of the bankers. The conditions are there, and the consequences were built in when the bubble was still being pumped up. Someday it will burst. When, how, and how bad remains to be seen.”
- The other “ban” that was quietly announced last week
Most of the world is in an uproar right now over the travel ban that Donald Trump hastily imposed late last week on citizens of seven predominantly Muslim countries. But there was another ban that was quietly proposed last week, and this one has far wider implications: a ban on cash. The European Union’s primary executive authority, known as the European Commission, issued a “Road Map” last week to initiate continent-wide legislation against cash. There are already a number of anti-cash legislative measures that have been passed in individual European member states.
- Japan Thinks It Can Balance Its Budget
A recurring problem for most developed-world governments is explaining why last year’s plan didn’t work while convincing voters that this year’s new and improved plan will do the trick. This is especially tough when the new plan is pretty much the same as the old one and therefore just as likely to fail. Let’s take Japan as our first object lesson. Its government is the world’s most deeply indebted relative to GDP. Its population is the world’s oldest, with the number of retirees on public assistance soaring. Yet for some reason its leaders keep promising to balance the budget, only to be forced to push the date further into the future with each new report.
- Adventures in Currency Debasement
The U.S. dollar, as measured by the dollar index, has generally gone up since mid-2014. The dollar index goes up when the U.S. dollar gains strength (value) against a basket of currencies, including the euro, yen, pound, and several others. Conversely, the dollar index goes down when the U.S. dollar loses value. Between July 30, 2014 and December 28, 2016, the dollar’s value, as measured by the dollar index, increased from 79.78 to 103.30 – or 29 percent. Since then, the dollar index has dropped to about 100. In addition, President Trump has said that the dollar is “too strong” and Treasury Secretary Steven Mnuchin has called the dollar “excessively strong.”
- Senate confirms Rex Tillerson for secretary of State
The Senate confirmed former ExxonMobil CEO Rex Tillerson as secretary of State on Wednesday, even as Democrats blocked progress on other Cabinet nominees chosen by President Trump. Three Democrats and one Independent who generally votes with the Democrats joined a solid rank of Republicans in approving Tillerson 56-43. The vote puts a man who has negotiated business deals with countries around the world, including some hostile to the United States, in position to negotiate on behalf of Trump in matters of war and peace, climate change and human rights.
- BUCKLE UP: Available Physical Gold & Silver Supplies Drying Up In London’s LBMA As The Price Of Silver Surges
In what promises to be a wild 2017 we are already seeing physical gold and silver supplies drying up in London’s LBMA as the price of silver surges. James Turk: “There has been a lot of gold and silver moving to China recently, prior to the Chinese New Year, and that’s starting to show up in terms of the lack of liquidity over here in London. And even as prices were going down as the options were ready to expire, we were seeing backwardation in gold. The spot price of gold was a dollar or so above what February delivery prices were and it was only a few days until February delivery. So we are seeing the tightness in terms of the way the market is trading. We are also seeing the tightness in terms of the spreads and the backwardation in gold plus the metals flows themselves. Eric, I keep reminding myself of where we were several years ago, back in 2009-2010. We have those same kind of circumstances (where gold and silver skyrocketed) developing right now and nobody is paying attention.
- Here Are The Technical Reasons Why Oil Is About To Plunge
There are basically two ways to analyze markets and make trading decisions, the fundamental and the technical. Logically speaking, fundamental factors and analysis always have the upper hand, particularly over a longer time period. In the case of crude oil, for example, if supply is outstripping demand the price is going down, no matter what your charts indicate. In the short term, though, as traders pay attention to technical factors they can be enormously powerful. Right now there is a battle going on between the fundamental and technical in the WTI market and, unusually, this looks like one that technical factors will win. Two weeks ago here I predicted higher oil and we did climb from around $51 to $54, but the likely outcome of this battle has caused me to expect another drop from here.
- BlackRock: Inflation Is Surging, So Buy Some Gold
Russ Koesterich discusses the signs that inflation is rising faster than many expect, and what that means for your portfolio. Like the proverbial frog that does not notice the rise in water temperature until it’s too late, investors seem to be experiencing a similarly stealthy rise in inflation. Changes in headline inflation measures suggest a gentle firming in prices. However, underneath the surface there is evidence that inflation may continue to rise past the steady 2% nirvana that central banks prefer.
- Barron’s Calls For Dow 30K Already
The financial magazine which has made an art out of calling for big, round numbers in the Dow Jones Financial Index (as a reminder over 20% of the Dow’s surge since the election is due entirely to Goldman Sachs), most recently with its “get ready for Dow 20,000” call from just over a month ago, has done it again. While there are still those – pretty much anyone who still cares about fundamentals – who are scratching their heads at Dow20K, according to Barrons “the Dow hitting 20,000 was no fluke. Today’s stock prices are well supported by solid prospects for corporate earnings and economic growth.”
- China Sets the Stage to Replace the U.S. As Global Trade Leader
Saturday marked the Lunar New Year, the most important date in the Chinese calendar. It’s also the start of the longest holiday at two weeks, during which the largest mass migration of humans occurs every year as families reunite and go on vacations, both domestic and overseas. 2017 is the year of the 10th Chinese zodiac, the fire rooster, one of whose lucky colors is gold. Year-to-date, gold—the metal, not the color—is up 3.5 percent, which is below the 5.7 percent it had gained so far around this time last year. Unfortunately, gold prices won’t find support from Chinese traders this week, as markets will be closed in observance of the new year. If you remember, the yellow metal had one of its worst one-day slumps of 2016 back in October during China’s Golden Week, when markets were similarly closed.
- THE NEW AGENDA – Knowing This Is Your Key To Survival – A New DVD From Pastor Lindsey Williams
THE NEW AGENDA – Knowing This Is Your Key To Survival! The Elite Agenda – Point by Point. Reserve Currency – Which One? How Long Do We Have? Why The Elite Changed Their Agenda. MONEY – Under The New Agenda. Gold and Silver. Suggested New Mindset. THE NEW AGENDA – Knowing This Is Your Key To Survival! The New DVD From Pastor Lindsey Williams. Order NOW Online For SHIPMENT NOW!
- Embry – A Jaw-Dropping 8.6 Million Ounces Of Paper Gold Longs Just Blew Up At The Comex!
With the Dow tumbling back below the 20,000 level, one of the greats in the business told King World News that a jaw-dropping 8.6 million ounces of paper gold longs just blew up at the Comex! U.S. Economy Weakest Since 2008 Collapse. John Embry: “With all of the chaos regarding the immigration decrees, I think most observers have lost track of what is really happening with the U.S. economy. Instead they are focusing on the turmoil in the country and the record highs on the Dow…
- The Media Is Now The Political Opposition
Bannon is correct that the US media—indeed, the entire Western print and TV media—is nothing but a propaganda machine for the ruling elite. The presstitutes are devoid of integrity, moral conscience, and respect for truth. https://www.rt.com/usa/375271-bannon-trump-media-cnn/ Read the comments in which morons define freedom of the press as the freedom to lie to the public. Who else but the despicable Western media justified the enormous war crimes committed against millions of peoples by the Clinton, Bush, and Obama regimes in nine countries—Afghanistan, Iraq, Libya, Pakistan, Yemen, Syria, Somalia, Palestine, and the Russian areas of Ukraine?
- Dow 20K, US Debt $20 Trillion, Trump and Gold US: Dow 20K … US Debt $20 Trillion … Trump and $15,000 Go
In case you’ve been hiding under a rock, the Dow Jones Industrial Average reached 20,000 earlier this week for the first time in its 132 year history to much media fanfare. Since Trump’s election US market indicators, including the Dow have been ticking up – it has been labelled the Trump rally. This latest milestone is something that the new President is happy to take credit for. In fact, he tweeted ‘Great! #Dow20K’ in response.
- Why 2017 Could See the Collapse of the Euro
2017 could be the year that the euro collapses according to Joseph Stiglitz writing in Fortune magazine and these concerns were echoed over the weekend by former Bundesbank vice-president and senior European Central Bank official, Jürgen Stark, when he said that the ‘destruction’ of the Eurozone may be necessary if countries are to thrive again. Stark and Stiglitz are too of many respected commentators, from both the so called right and the so called left, who are warning that the common currency and the Eurozone itself will not survive the financial and political turmoil already besetting the European monetary union and set to deepen in the coming months and years.
- Why Our System Is Broken: Cheap Credit Is King
Cheap credit–newly issued money that can be borrowed at low rates of interest–is presented as the savior of our economic system, but in reality, it’s why our system is broken. The conventional economic pitch goes like this: cheap credit enables consumers to buy more goods and services (and since the system needs growth or it implodes, that’s good). Cheap credit also enables companies to invest in new productive assets (capital). Last but not least, low rates of interest enables the government at all levels to borrow money at relatively low cost.
- Remember When Obama Supported A Border Wall?
There really is no limit to the mainstream media’s support for the far-left’s hypocrisy, or their use of a double standard when it comes to covering the Democrats… none. For months we’ve heard all about how the “integrity of our democracy” was under siege by “thugs” like Vladimir Putin, while no one has been talking how “thugs” like Barack Obama and Jey Johnson were using the Department of Homeland Security’s computer systems to try and hack into several states’ election systems AFTER the voting had taken place, but BEFORE results were certified. Yeah, good luck explaining that one. Thankfully, as of January 17th, the Inspector General of the DHS, John Roth, was cleared to being his investigation into the matter.
- Fed Will Be Forced to Print & Kill Dollar
Economist John Williams warned last year the U.S. economy never really recovered, and it was going to turn down again. That downturn happened Friday when the latest GDP figures came in below 2% growth in the fourth quarter of 2016. Williams says the economy “contracted,” and he contends it’s going to get a lot worse before it gets better. Williams explains, “I think there is reason for optimism in terms of the economy down the road. The problem is irrespective of who is president. When you introduce new policies, it takes about nine months to a year before we see the impact. So, the impact of all the happy things that are happening now won’t start to surface until 2018 barring other complications. I expect you to see a pickup in the economy then. Unfortunately, we are still in an economy that is turning down. You are going to see that in the reporting in the next several months. We never really recovered from the economic collapse going into 2009. There was a little bit of a rebound, and we started to see the economy turn down again in 2014. If you look at the underlying series such as industrial production, freight indices and petroleum consumption, there has been no recovery. We are turning down again. This is the longest and deepest economic contraction since the Great Depression.”
- Trump’s Busy First Week, Voter Fraud is Real, Updates on War and Economy
Donald Trump had a very busy first week in office. He started work on the day he was sworn in as the 45th President of the United States. First thing he did was sign an Executive Order to take away some tax burdens for people who have to pay a penalty for not having health insurance. He also pushed ahead on the long stalled XL Pipeline, clamped down on immigration and took the first steps to build a wall between the U.S. and Mexico. Trump also made the claim that “three to five million” illegal votes were cast in the 2016 election, and that cost him the popular vote. The mainstream media (MSM) basically called him a sore winner and a liar and said there was no evidence of voter or election fraud. So, Trump ordered an investigation to get evidence of widespread fraud.
- Weekly Market Update: Don’t Let Your Retirement Account Be Fooled By 20,000 Dow
Last Wednesday, you could almost hear the deafening cheers from Wall Street investors as the Dow Jones Industrial Average surpassed 20,000 for the first time ever. In 120 years of turbulent history, it has never before managed to come close to this level. Do not be fooled by Mr. Market. Look back at the not-so-distant history of March 30, 1999. This was the day that the Wall Street Journal heralded the dawn of a new era as the Dow blew past 10,000 for the first time in history with its “Dow Industrials Top 10,000.” This then-record high occurred on March 29, 1999. It lasted for all of eight and a half months.
- Now It Is The Elite That Are Feverishly ‘Prepping’ For The Collapse Of Society
Once upon a time, “prepping” was something that was considered to be on “the lunatic fringe” of society. But in 2017, wealthy elitists are actually the most hardcore preppers of all. This is particularly true in places such as Silicon Valley, where a whole host of young tech moguls are putting a tremendous amount of time, effort and money into preparing for apocalyptic scenarios. So while interest in prepping among the general population has fallen extremely low right now, the election of Donald Trump has given liberal wealthy elitists even more urgency to prepare for what they believe is a very uncertain future.
- The United States Is On The Precipice Of Widespread Civil Unrest
It doesn’t take much of a trigger to push extremely large crowds of very angry protesters into committing acts of rioting and violence. And rioting and violence can ultimately lead to widespread civil unrest and calls for “revolution”. The election of Donald Trump was perhaps the single most galvanizing moment for the radical left in modern American history, and we have already seen that a single move by Trump can literally cause protests to erupt from coast to coast within 48 hours. On Friday, Trump signed an executive order that banned refugees from Syria indefinitely and that placed a 90 day ban on travel to the United States for citizens of Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen. Within hours, protesters began to storm major airports, and by Sunday very large crowds were taking to the streets all over the country…
- Is It Just A Coincidence That The Dow Has Hit 20,000 At The Same Time The National Debt Is Reaching $20 Trillion?
The Dow Jones Industrial Average provides us with some pretty strong evidence that our “stock market boom” has been fueled by debt. On Wednesday, the Dow crossed the 20,000 mark for the first time ever, and this comes at a time when the U.S. national debt is right on the verge of hitting 20 trillion dollars. Is this just a coincidence? As you will see, there has been a very close correlation between the national debt and the Dow Jones Industrial Average for a very long time. For example, when Ronald Reagan took office in 1991, the U.S. national debt had just hit 994 billion dollars and the Dow was sitting at 951.
- Eurozone ‘destruction' necessary if countries are to thrive again, warns former ECB hawk
The eurozone must break up if its members are to thrive again, according to a former European Central Bank official. Jürgen Stark, who served on the ECB’s executive board during the financial crisis, said it was time to “think the unthinkable” and work towards a “reset” of Europe that pulled power away from Brussels. The former vice-president of Germany’s Bundesbank said the creation of a two-speed eurozone, with France and Germany at its core, would help to ensure the smaller bloc’s survival.
- Trump orders ISIS plan, talks with Putin and gives Bannon national security role
President Trump on Saturday ordered the Pentagon to devise a strategy to defeat the Islamic State and restructured the National Security Council to include his controversial top political adviser as he forged a partnership with Russian President Vladimir Putin in their first official phone call. Trump and Putin spoke for one hour and vowed to join forces to fight terrorism in Syria and elsewhere, according to the White House and the Kremlin, signaling a potential shift in U.S.-Russian relations that have been marked by high tension.
- New World Order Pushing Cashless Agenda in India and Around the World
The cashless agenda has taken a giant leap forward worldwide in the last 2 months, mainly due to Indian Prime Minister Narendra Modi. Modi took the bold, detested and despised step of banning the 2 highest denomination notes in India (the 500 and 1000 rupee notes, worth around US$7.50 and $15 respectively). This wiped out around 80% of the value of circulating cash widely used by many segments of society for trade. His reason was to cut down on the black money circulating in India upon which tax is not paid. However, from the broader perspective of the worldwide New World Order (NWO) conspiracy, converting the entire world economy to solely digital transactions is not just about extracting more tax revenue from the ruled populations; it’s about knowledge and power. It’s about surveillance on an extraordinary scale. The cashless agenda is about acquiring the capacity to monitor literally every single financial transaction that takes place on the planet. Unsurprisingly, the new cash ban hurt many poor Indians who either don’t have a bank account or who rarely use one. Also unsurprisingly, the idea for the ban did not originate from Modi. The truth is that India is being used as the latest guinea pig to push forth the NWO cashless agenda, and a particular US Non-Governmental Organization (NGO) was instrumental in the rollout.
- Trump’s education secretary pick plans to get rid of Common Core standards
Betsy DeVos, Donald Trump’s pick for Secretary of Education, will put the brakes on the contentious Common Core standards if she is confirmed by the Senate. “It’s time to make education great again in this country,” she said at a Trump rally in Grand Rapids, Mich., on Friday. “This means letting states set their own high standards and finally putting an end to the federalized Common Core.” DeVos, a prominent Republican donor and the former head of the Michigan GOP, is known as a charter-school advocate and a booster of school choice and education vouchers. DeVos’ five-minute speech echoed her new boss’s stance.
- A Tariff with Mexico Will Ensure Americans Pay for Border Wall
The AP is reporting that Sean Spicer has informed reporters that President Trump is considering a 20% on Mexican goods as a way to fund his Mexican border wall. Though Trump has insisted throughout his presidential campaign that “Mexico will pay” for any such project, this move would ensure that it is Americans who will suffer the costs as they are forced to pay extra on Mexican goods coming into the country.
- Trump Can't Avoid The Coming Financial Crisis
The Federal Reserve's policies of printing trillions of dollars back in '08-09 have locked into place a serious financial crisis at some point in our future. It's unavoidable, and even Donald Trump can't stop it. Trump will unfairly get the blame though.
- Trump’s Executive Order on Refugees — Separating Fact from Hysteria
To read the online commentary, one would think that President Trump just fundamentally corrupted the American character. You would think that the executive order on refugees he signed yesterday betrayed America’s Founding ideals. You might even think he banned people from an entire faith from American shores.
- Trump pick for Energy secretary sits on Dakota Access Pipeline company's board
Donald Trump's pick for Energy secretary, Rick Perry, sits on the board of directors of Energy Transfer Partners, the company whose Dakota Access Pipeline has been fiercely opposed by Native American tribes and their allies. Dallas-based Energy Transfer's top executive and other employees also contributed millions of dollars to support the former Texas governor's short-lived 2015 bid for the White House.
- Dear Bernie, Meet the “Big Mac ATM” That Will Replace All Of Your $15 Per Hour Fast Food Workers
Dear Bernie, as you continue in your never-ending “Fight for $15”, we thought you might benefit from a simple example of how economics work in a real life, functioning, capitalistic society. You see, Bernie, labor, much like your daily serving of crunchy granola, is just another “good” that businesses can choose to consume more or less of, depending on price. And, just to be crystal clear, when the price of labor (i.e. wages) increases, businesses tend to consume less of it. Finally, our dearest Bernie, when misinformed politicians radically disrupt labor markets by setting artificially high base prices, like your proposed $15 federal minimum wage, then businesses simply stop consuming labor completely and instead replace that labor with this “Big Mac ATM Machine.”
- Americans Pay More in Taxes than on Food, Clothing, and Housing Combined
Our annual Tax Freedom Day report finds that the nation’s Tax Freedom Day will come on April 21st this year, which is three days later than last year. The calendar measure represents how long Americans as a whole need to work in order to pay the nation’s tax burden. The report estimates that Americans will pay about $4.5 trillion dollars in taxes of all kinds in 2014, with $3 trillion going to the federal government and $1.5 trillion dollars going to state and local governments. This is approximately 30.2 percent of the nation’s income paid in taxes. In total, Americans will pay more in taxes in 2014 than on food, clothing, and shelter combined.
- What They Tell You: Trump Is Restarting The Pipeline. What They Don't Tell You: It's 70 Miles From Standing Rock And Made With American Steel
If the United States is to become more energy independent, some say, then it is imperative that additional oil and gas pipeline infrastructure is built. And that includes the Keystone XL and the Dakota Access Pipelines, which is why President Donald Trump has signed executive orders to allow permitting to be streamlined. But the key question is whether presidential support can overcome the economics of the Keystone project, as well as the fierce environmental opposition to it and the Dakota line. While the president has the power the microphone, he does not have the power of a monarch. The lines still need the approval of the states they'll operate in.
- MAINSTREAM MEDIA IS OVER! Look What Trump Just Installed in The Back of The Press Room!
The media’s WAR on Trump continues but he is fighting back! Trump’s Press Secretary, Sean Spicer, just announced the installation of their SECRET WEAPON that will take all the power away from the mainstream media! Spicer started by DESTROYING the media for their dishonest coverage of Trump. Spicer said: “I THINK THERE’S AN OVERALL FRUSTRATION WHEN YOU WHEN YOU TURN ON THE TELEVISION …YOU’RE CONTINUALLY TOLD IT’S NOT BIG ENOUGH, IT’S NOT GOOD ENOUGH, YOU CAN’T WIN.” After these comments, Spicer announced their SECRET WEAPON that they installed in the press room to take away CNN’s and the FAKE NEWS media’s power!
- Trump advances two energy infrastructure projects: Keystone XL and the Dakota Access pipelines… can he balance infrastructure with environmental protection, too?
On the official “Day 2” of the new administration, President Donald J. Trump continues to dismantle the legacy of his predecessor using all executive means at his disposal, fulfilling his promise to “Make America Great Again.” This morning, the president signed documents that will advance the eventual approval and construction of the Keystone XL and Dakota Access pipeline projects, both of which were stalled by President Barack Obama over the false notion of “climate change/global warming.”
- A Horrific Ending As The World Moves One Day Closer To Armageddon
With the Dow surging above 20,000, while bonds and the dollar were weak once again, one of the greats in the business just warned that a horrific ending is coming as the world moves one day closer to Armageddon. John Embry: “Eric, I read Egon von Greyerz’s KWN interview over the weekend and it was such a tour de force that I’m not sure what I can add to what he already said. However, I agree with every word of his interview, and the fact that the vast majority of the population, including most of the rich and famous, seem oblivious to that reality and the resulting coming catastrophe, this virtually guarantees it can’t be avoided…
- Halliburton reports $5.7 billion in losses
Halliburton, the world’s second largest oil field services company, reported dramatic losses Monday after a failed bid to take over rival Baker Hughes. Halliburton, based in Houston, said it lost $5.7 billion or $6.69 a share in 2016, compared to losses of $671 million in 2015, or 78 cents per share. It was the “sharpest and deepest industry decline in history”, said Dave Lesar, Halliburton Chairman and chief executive. In his 40 years in the business never had he seen such a rapid decline. A failed $28 billion merger with Houston-based oil field services firm Baker Hughes is to blame for such major losses. The event, which occurred back in May, cost Halliburton more than $4 billion dollars.
- 11 bizarre home remedies our grandparents used that actually work!
To this day my grandparents are still giving me bizarre treatments for minor injuries. Just the other week I took a tumble down the stairs, and my Grandma piped up, telling me to boil an egg and rub the extremely hot breakfast item all over my extremely swollen ankle. And you now what? It worked! The swelling went down within an hour, and I felt almost as good as new by the next morning. Thanks, Gran!
- New EU Energy Strategy To Create Up To 900,000 Jobs
On 30 November 2016, the European Commission officially released its “Clean Energy for All Europeans” package, also known as “Winter Package” i.e., moving the EU to meet its climate change target with numerous legislative proposals to reform the EU energy market. This legislation will have an important impact on the electricity market and the development of renewable-energy going forward. The European Commission wants the EU to be ahead on the global clean energy transition. For this reason the EU has committed to cut C02 emissions by at least 40 percent by 2030, while modernizing the EU’s economy, delivering jobs and growth for all European citizens. The legislative proposals include a new target for energy efficiency, achieving global leadership in renewable energies and proving a fair deal for consumers.
- China calls for integrated Asia-Pacific
China has responded to US President Donald Trump’s withdrawal from the Trans-Pacific Partnership (TPP) by reiterating its commitment to economic integration in the Asia-Pacific region. “China will forge ahead with the negotiation of the Regional Comprehensive Economic Partnership (RCEP) and the construction of the Free Trade Area of the Asia-Pacific (FTAAP) so as to add new impetus to regional and global economic development,” Foreign Ministry spokesperson Hua Chunying told reporters on Tuesday. On Monday, Trump followed through on a campaign promise he had been making for months and signed an executive order to withdraw from the TPP, which had been a cornerstone of Barack Obama’s policy to counter China’s growing global influence.
- The 2017 “Davos Consensus” – More Welfare And More Warfare
“It’s a big club and you ain’t in it!” I often think of these words, spoken by the great comedian George Carlin, when I read about the World Economic Forum meeting in Davos, Switzerland. Every year, global elites descend on Davos to discuss the big issues of the day in a Bilderberg-like conclave. This year, George Soros was there. So was Bill Gates. The most important world leaders go. As do CEOs of the world’s largest companies, mainstream media bigwigs, and prominent academics. Central bankers attend, too. In short, it’s a bunch of out-of-touch, self-anointed elites meeting to hand down from above their uniformly bad “solutions” to the world’s problems. Then they pat each other on the back for all the good they’re doing.
- These Are The Biggest Losers If Trade War Breaks Out Between The US And China
With China growing increasingly nervous about the prospect of a trade war with the US, the nation's official mouthpiece People's Daily warned that a trade war between China and the United States would harm both countries, reflecting concerns over Trump's stated protectionist, anti-China stance. “If a trade war developed between the two countries, both China and the U.S. would be negatively impacted,” the newspaper said in a commentary. “In the end neither side would win, it would bring harm to other countries and that harm would be brought to others without benefits to the U.S. or China.” As both China and the U.S. are major players in global supply chains and value chains, numerous countries would be gravely impacted from a trade war, the article added.
- Trump To Launch “Major Investigation Into Voter Fraud”
Having stunned the media with his Monday night announcement before members of Congress during a private reception that Trump only lost the popular vote due to vote fraud, the president refused to back down the next day, when on Tuesday the White House said Trump stands by his belief that millions of people voted illegally in the U.S. election. “The president does believe that,” White House spokesman Sean Spicer told reporters. The press secretary said the president had said “3 to 5 million people could have voted illegally, based on the studies that he's seen” although he did not quote the studies.
- The US dollar is now overvalued against almost every currency in the world
In September 1986, The Economist weekly newspaper published its first-ever “Big Mac Index”. It was a light-hearted way for the paper to gauge whether foreign currencies are over- or under-valued by comparing the prices of Big Macs around the world. In theory, the price of a Big Mac in Rio de Janeiro should be the same as a Big Mac in Cairo or Toronto. After all, no matter where in the world you buy one, a Big Mac generally consists of the same ingredients– two all beef patties, special sauce, etc.
- How To Predict The Behavior Of Globalists: “You Have To Go To Some Ugly Places In Your Own Mind”
In my last article, ‘How Globalists Predict Your Behavior’, I outlined the primary method globalists use to measure public consent, or, public dissent. The use of macro-analytics and the hyper-monitoring of web traffic is a powerful tool at the disposal of the establishment for gauging shifts in public consciousness in real time. For example, in early 2016 the elites were entirely aware of the rise of conservative and sovereignty movements in the U.S. and Europe. In fact, the dangers of growing “populism” were all that elitists and their publications talked about for the first six months of the year. At first, this notion seemed a little odd to me. Generally, when globalists are attempting to manage public opinion, they are careful not to reveal the slightest hint that conservative movements exist beyond an “extremist fringe”. They certainly never suggest that there is a massive undercurrent of nationalism ready to topple the globalist structure.
- If You Are Devastated At Trump Presidency “It Might Be A Sign That You Rely On Or Worship The State Just A Bit Too Much”
The inauguration is behind us now, but many – millions, it seems – are still immersed in fear, anguish, and grief over the reality of President Donald Trump. #NotMyPresident is still a very active hashtag on Twitter. People are already calling for impeachment, claiming Trump’s presidency is “illegitimate”. Celebrities (I refuse to mention them by name here and give them more attention) are still using their platforms to express anger, disappointment, and distress over the Trump presidency. Protests continue, and people are venting and ranting and arguing on social media.
- The Demise of the Left
On several occasions I have asked in my columns the rhetorical question: What became of the left? Today I answer my question. The answer is that the European and American left, which traditionally stood for the working class and peace (bread and peace) no longer exists. The cause championed by those who pretend to be the “left” of today is identity politics. The “left” no longer champions the working class, which the “left” dismisses as “Trump deplorables,” consisting of “racist, misogynist, homophobic, gun nuts.” Instead,the “left” champions alleged victimized and marginalized groups—blacks, homosexuals, women and the transgendered. Tranny bathrooms, a cause unlikely to mobilize many Americans, are more important to the “left” than the working class
- Theresa May: US and UK will no longer invade foreign countries ‘to remake the world in their own image’
Britain and the US will never again invade sovereign foreign countries “in an attempt to make the world in their own image,” Theresa May told Republican policymakers in Philadelphia. The Prime Minister vowed never to repeat the “failed policies of the past” in reference to Western military intervention in Iraq and Afghanistan, breaking from the “liberal intervention” principle established by Tony Blair. Referencing the “special relationship” between the UK and US, Ms May also stressed the importance of cooperation between the two countries to meet their “obligations of leadership” and “stand up for our interests”.
- Elites Eying The Exits Signals America's Crisis
The Institute for New Economic Thinking's President Rob Johnson was interviewed by the New Yorker on hedge-fund managers and the market for air strips in New Zealand… Interviewed as part of an extraordinary New Yorker investigation into growing anxiety among America’s corporate elite over the potential for anarchic social collapse, Institute President Robert Johnson saw his peers’ talk of bolt-holes in New Zealand as reflecting a deeper crisis. Johnson told writer Evan Osnos of the mounting anxiety he had encountered among hedge-fund managers and other wealthy Americans he knew.
- How Much Longer Can The Market Go Without A Correction
With the recent performance of the S&P, in which there has not been even a single 1% drawdown since the election, not only is complacency raging but some traders have forgotten what it even means to experience a modest 5% correction, let alone a 20% bear market. How much longer can this go on? For the answer, we turned to a recent report by InvesTech, according to which as the table below shows, a 5% correction has occurred about once every seven months in an ongoing bull market. Ignoring that the current bull market is already more than twice the average length of past bull markets with no 20% correction since the financial crisis, the frequency of corrections has been roughly in line with historical norms.
- The peso is tumbling after Mexico's president said he wouldn't meet with Trump
The peso was tumbling Thursday after Mexico's president, Enrique Peña Nieto, announced he had canceled a meeting scheduled for next week with President Donald Trump. The peso was down by 1.2% at 21.3175 per dollar as of 11:57 a.m. ET. The currency had been up by as much as 0.8% at 20.9358 per dollar at about 8:50 a.m. ET. “This morning we have informed the White House that I will not attend the meeting scheduled for next Tuesday with the @POTUS,” Peña Nieto tweeted, according to an online translation.
- Trump Orders Media Blackout At Government Agencies: Bans Use Of Social Media, Bars New EPA Contracts
It wasn't just the EPA. Earlier today, we reported that the Trump administration instituted a media blackout at the Environmental Protection Agency and barred staff from awarding any new contracts or grants. Emails sent to EPA staff since President Donald Trump's inauguration on Friday and reviewed by The Associated Press, detailed the specific prohibitions banning press releases, blog updates or posts to the agency's social media accounts. On Monday, the Huffington Post reported that EPA grants had been frozen, with agency employees barred from speaking of the matter.
- US State department's entire senior management team quits as Secretary Rex Tillerson takes up post
The entire senior level of management officials at the US State department has resigned – rather than serve under President Donald Trump. In the latest display of disquiet among civil servants in Washington over the new commander-in-chief, the four top senior officials at the equivalent of America's foreign ministry, announced they were standing down. The new Secretary of State, Rex Tillerson, was present in the department’s offices in the Foggy Bottom neighborhood of Washington DC, when the officials resigned on Wednesday, the Washington Post reported.
- Draghi Admits EU May Breakup For First Time
For the first time, the head of the European Central Bank, Mario Draghi, has conceded the possibility that the EU may fall apart. Draghi came out and said that any member leaving the Eurozone would need to settle its claims or debts with the bloc’s payments system before severing ties. This statement reveals the heated discussion at Davos and the rift that is beginning to spread. This statement, released on Friday, was made in a letter to two Italian lawmakers in the European Parliament. Sentiment in Italy is turning very anti-euro and this view is beginning to emerge in other Eurozone states. While they are blaming Britain, the real issue is the insane management of austerity and negative interest rates. This has created a massive depression in Europe and the unending Quantitative Easing has destroyed the European bond market. Whenever the ECB has to give up, interest rates will soar, for private buyers will not be willing to risk it all when the EU is clearly doomed.
- Alex Jones' InfoWars Offered White House Credentials
Things sure are changing in the White House press corps. According to a video posted on Wednesday, radio show host Alex Jones’s website Infowars, which has been accused of being “conspiracy theory and alt-right” by much of the established media, has been offered White House press credentials. In the clip Jones explains: “Here’s the deal, I know I get White House credentials, we’ve already been offered them, we’re going to get them, but I’ve just got to spend the money to send somebody there. I want to make sure it’s even worth it. I don’t want to just sit there up there like ‘m in the media, look our people are there.’ People don’t understand this paradigm, we’re devolving in a good way, power from the federal government back to the people, back from the centralized MSM to the people, just like Trump said in his speech.” On Monday, White House press secretary Sean Spicer said that four “Skype seats” would be made available to some journalists who are outside of a 50-mile radius of Washington, D.C.. It is not known when the Skype seats will be deployed during daily press briefings.
- Pastor Lindsey Williams introduces Pastor David Bowen – January 26, 2017
Pastor Lindsey Williams introduces Pastor David Bowen with his regular short weekly video for readers of Pastor Williams’ weekly newsletter.
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