From James Harkin (Webmaster & Editor of LindseyWilliams.net). Here is a special summary of articles shared this week from just before the election to its aftermath. However, as election fever was gripping the USA there were other things going on around the world that you may have missed. Please review the following articles. 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 November 4, 2016 to November 9, 2016:
- President-elect Donald Trump’s cataclysmic, history-making upset
What Donald Trump has done is nothing short of cataclysmic. He has fundamentally reshaped the political map. He has broken the Republican Party into pieces — and its shards still remain scattered everywhere. He has proven that the political polling and punditry industries need a deep re-examination. But, even more than all that, Trump’s victory reveals that many of the assumptions that people have long made about who we are as a country and what we want out of our politicians, our political system and each other are, frankly, wrong.
- After Trump’s victory, the world is left to wonder: What happened to America?
Allies recoiled. Adversaries rejoiced. And on the day after U.S. voters made Donald Trump the country’s 45th president, the world was left to collectively wonder: What happened to America? The question hung in the air even as once-unthinkable congratulatory messages poured into Trump Tower from capitals across the globe. Foreign leaders who had spent months disparaging the Republican nominee as unfit for office were forced to reckon with the reality that he will soon govern the world’s sole superpower. U.S. foes who may have only dreamed of a Trump presidency seemed to scarcely believe their good fortune.
- Donald Trump shocks world, wins presidential election in biggest upset in political history
Donald Trump overcame all odds Wednesday, riding the wave of an unprecedented populist movement to put himself in line to be the 45th president of the United States. The Republican presidential nominee secured the 270 electoral votes needed to win the White House. In doing so, he completed the biggest upset in modern political history, beating his Democratic challenger, former Secretary of State Hillary Clinton, as well as one of the most promising fields of Republican candidates in a generation.
- European markets actually had a great day despite Trump’s shock victory
Stocks across Europe closed deep in positive territory on Wednesday, rallying back from an initial crash as the shock of the fact that Donald Trump is the next president of the United States. All of Europe’s biggest bourses were significantly down soon after the European open, crashing lower thanks to the uncertainty that a Trump presidency brings to the markets. Trump and his economic positions are seen as far less predictable than those of Hillary Clinton, and do not always follow party orthodoxy. As such he is perceived as more of a political risk than Clinton, causing the huge reactions in the markets overnight, which have continued into European trade.
- Regardless of How America Votes, Americans Want a Different Foreign
I have said throughout this presidential campaign that it doesn’t matter much which candidate wins. Both Donald Trump and Hillary Clinton are authoritarians and neither can be expected to roll back the leviathan state that destroys our civil liberties at home while destroying our economy and security with endless wars overseas. Candidates do not matter all that much, despite what the media would have us believe. Ideas do matter, however. And regardless of which of these candidates is elected, the battle of ideas now becomes critical. The day after the election is our time to really focus our efforts on making the case for a peaceful foreign policy and the prosperity it will bring. While we may not have much to cheer in Tuesday’s successful candidate, we have learned a good deal about the state of the nation from the campaigns. From the surprising success of the insurgent Bernie Sanders to a Donald Trump campaign that broke all the mainstream Republican Party rules – and may have broken the Republican Party itself – what we now understand more clearly than ever is that the American people are fed up with politics as usual. And more importantly they are fed up with the same tired old policies.
- Gold price retreats after initial surge on US election result
The price of gold fell back from the sharp gains made earlier on Wednesday, after a conciliatory victory speech from U.S. president-elect Donald Trump also helped the dollar rebound. Gold had surged by nearly 5 percent to a six-week high of $1,337.40 an ounce as it emerged that the Republican nominee had triumphed over Democrat Hillary Clinton in the presidential election, a surprise for markets which prompted investors to seek refuge in perceived safe-haven assets like gold.
- Putin Congratulates Trump on Victory in US Presidential Election – Kremlin
Russian President Vladimir Putin congratulated Donald Trump on his victory in the US presidential election, voicing hope that joint work will resolve the crisis in bilateral ties, the Kremlin said Wednesday. According to Kremlin, President Putin sent a telegram to Donald Trump, congratulating him on his victory in the US presidential election and wishing him success in taking on the serious task of being head of state.
- Donald Trump wins the presidency, hails ‘beautiful and important’ win
Donald John Trump will be the 45th president of the United States, capping a historic and boisterous run by an outsider who captured a loyal following across a swath of America fed up with establishment politics, the news media and elected officials. His success was only part of a larger, crushing victory for the Republican Party, which retained the House and maintained control of the Senate.
- Trump win upsets global markets
Global stocks suffered a sudden and sharp reversal of fortune early Wednesday as Republican candidate Donald Trump looked increasingly likely to become the 45th president of the United States. By the time he was declared the winner at 07:45 GMT, the Dow Jones industrial plummeted 827 points, the S&P 500 was down 107 points, and the Nasdaq 100 lost 241 points. A frenzied selloff at the New York Stock Exchange picked up pace as Democratic candidate Hillary Clinton lost key battleground states, leading to a five per cent drop in value of US stocks. This triggered an automatic circuit breaker halt on trading.
- Trump Wins 2016 Presidential Election & Saves America
This is my take on the big Trump win that saves the country and the rule of law in America. We are going to get a market selloff, but at least we will only have to deal with economic problems created by the criminal crony class and not the additional full blown tyranny of a Clinton Administration. The financial markets will be in turmoil, and the fantasy economy is about to meet reality. Savor the Trump win, but be prepared for a lot of work and financial pain. Join Greg Hunter for his take on the coming Trump Presidency and what it means for the winners and losers of the 2016 election. There are big winners and very big losers. I always say “Fear Not, God the Father is in charge,” and he proved it tonight.
- AS IT HAPPENED: Donald Trump wins the White House and markets go haywire
Donald Trump has been elected the 45th president of the United States. Trump’s win came as a shock to investors and sent markets into a tailspin through the night on Tuesday and into the pre-dawn hours of Wednesday. The market’s nadir came at 11:55 p.m. ET, when the S&P 500 went limit-down after a 5% decline, meaning trading below this level would be halted until Wednesday morning. Near 2:30 a.m. ET, when the Associated Press called the election for Trump, Dow futures were down about 520 points and S&P 500 futures were off 3.4%.
- Clinton Concedes: Donald Trump Becomes 45th U.S. President
And NBC News reports that Hillary is said to have conceded on phone with Trump. CNN’s Dana Bash is also reporting that Hillary Clinton has called Donald Trump to concede the race, matching the earlier report from NBC News.
- Donald Trump Is Elected President in Stunning Repudiation of the Establishment
Donald John Trump was elected the 45th president of the United States on Tuesday in a stunning culmination of an explosive, populist and polarizing campaign that took relentless aim at the institutions and long-held ideals of American democracy. The surprise outcome, defying late polls that showed Hillary Clinton with a modest but persistent edge, threatened convulsions throughout the country and the world, where skeptics had watched with alarm as Mr. Trump’s unvarnished overtures to disillusioned voters took hold. The triumph for Mr. Trump, 70, a real estate developer-turned-reality television star with no government experience, was a powerful rejection of the establishment forces that had assembled against him, from the world of business to government, and the consensus they had forged on everything from trade to immigration.
- Live Presidential Forecast
Donald J. Trump has won the presidency. Below, our estimates of three key indicators. he projections for each state are based on the votes reported so far and how those places have voted in previous elections. We’re showing the closest states by default.
- NATO Places 300,000 Troops On “High Alert” In Readiness For Confrontation With Russia
NATO a preparing a military force of up to 300,000 personnel, capable of being deployed within just two months to attack Russia. As the world remains fixated on the outcome of Tuesday’s US elections, NATO continues its aggressive troop build up around Russia. With each passing day, the constant NATO activity is looking more and more like a preparation for full scale conflict with Russia. Something that would become a very real possibility should Hillary Clinton make it to the White House.
- The Greatest Wealth Transfer In History Nears As ‘Deep State’ Now Pulling Out All The Stops
On election day, today John Embry told King World News that the greatest wealth transfer in history nears as the ‘Deep State’ is now pulling out all the stops. ‘Deep State’ Desperation. John Embry: “Eric, mercifully election day in the U.S. has finally arrived to put an end to the ugly spectacle which has been billed as the presidential campaign. The capper came on Monday, when in response to the FBI ending its investigation of Hillary Clintons email transgressions, the Dow magically rallied back to 18,200, a level which had been defended for months by the powers that be…
- This is “Unusual Outside a Recession Period”: New York Fed Grapples with Weak Demand
The dollar has strengthened against other currencies since mid-2014 as the Fed was tapering QE Infinity out of existence, and as it began flip-flopping about rate increases. Dollar strength should have done two things in terms of international trade: Weaken exports as US goods would become less competitive for buyers using other currencies; Strengthen imports as imported goods would be cheaper compared to US-made goods. The first has happened. But the second has not happened: Imports have been in a down-trend since mid-2015.
- Uncertainty and uncertain outcomes bode well for gold
A lot of us were looking forward to today, it signals the last day of election-mania and we might all be able to get on with our lives, whatever that means under whoever wins. The problem is, today might not be the last day of uncertainty. Trump has already said that he will keep us in suspense as to whether or not he will accept a Clinton win, this has been followed by many cries of ‘rigged’ from both Trump and his cohort. The other factor is that the election might be so close that it is too close to call and we see another Bush-Gore debacle. Should there be an unclear winner tomorrow, or if Trump wins, then what will this mean for gold?
- As The World Awaits The U.S. Election Outcome, Buckle Up For Some Rough Times
As the world awaits the outcome of the election in the United States, buckle up for some rough times. James Turk: “Everybody who I speak with here in London, Eric, asks me about the US election. I’ve never seen anything like the amount of interest it has sparked. Without any doubt the election has grabbed the attention of people from around the world…
- ALERT: Former Soros Associate Just Warned This Is Going To Send The World Into Total Chaos
As investors await the outcome of tomorrow’s election, a former associate of George Soros just warned King World News about what is going “to send the world into total chaos.” Victor Sperandeo manages over $3 billion, has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros. Below is what Sperandeo had to say. Victor Sperandeo: “The days of low interest rates are over. This is very important for people to understand, Eric. There will be no more lowering of interest rates and QEs…
- Keiser Report: Picking next ‘tin-pot’ for America
We discuss pushing tinfoil and possible election outcomes. Max talks to the people of New York by visiting Times Square and finds not only a divided electorate but a colourful and . . . sometimes angry one. In the second half Max talks to Chris Whalen about his reasons for voting for Trump and whether or not a Clinton 2.0 would actually be a Nixon 2.0.
- Look At What Is Unfolding In China And Other Key Regions Right Now
With stocks surging along with the U.S. dollar and gold and silver getting hit, here is a look at what is unfolding in China and other key regions right now. Here is a portion of what Peter Boockvar wrote today as the world awaits the next round of monetary madness: It IS the best of times, it IS the worst of times, it is the age of wisdom, it is the age of foolishness, it is the epoch of belief, it is the epoch of incredulity, it is the season of light, it is the season of darkness, it is the spring of hope, it is the winter of despair, we have everything before us, we have nothing before us, (I switched the Tale of Two Cities lines from Was to Is and to Have from Had), etc… The former because the most bizarre and embarrassing presidential campaign in our life time is about to end. The latter because someone is going to win…
- What Hath Trump Wrought?
“If I don’t win, this will be the greatest waste of time, money and energy in my lifetime,” says Donald Trump. Herewith, a dissent. Whatever happens Tuesday, Trump has made history and has forever changed American politics. Though a novice in politics, he captured the Party of Lincoln with the largest turnout of primary voters ever, and he has inflicted wounds on the nation’s ruling class from which it may not soon recover. Bush I and II, Mitt Romney, the neocons and the GOP commentariat all denounced Trump as morally and temperamentally unfit. Yet, seven of eight Republicans are voting for Trump, and he drew the largest and most enthusiastic crowds of any GOP nominee.
- This is Going to End Badly, Buy Gold Now
Most assets by traditional valuations are overpriced. Now are they overpriced compared to zero interest rates or negative interest rates? If you take the 10-year German bonds or the 10-year Swiss bonds or the 10-year Japanese bonds, you have no or negative yield. But you can buy equities that give you a dividend yield of 2 percent or more. Then you say stocks compared to negative interest rates are a bargain. But they are not cheap by traditional valuation methods. However, I think it’s dangerous for someone to say: “We all agree that it will end badly, so we keep 100 percent of our money in cash.” First, you have to decide which cash.
- Paranoia Deepens in US as Cyber-attacks Prepare Post-Election Tumult
Paranoia makes whole populations manipulable. Over time, crisis after crisis, it builds globalism and creates cultural homogenization. Just today, WikiLeaks claimed it had been hit with a Distributed Denial of Service (DDoS) attack, supposedly to prevent it from distributing additional information that would prove negative to the Clinton camp. This is part of a much larger paranoiac atmosphere. Paranoia is running rampant in US federal elections. We recognize the paranoia because we’ve covered the trends that cause it for years.
- The Destiny Of The World
With continued uncertainty in global markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, spoke with King World News about the destiny of the world. Egon von Greyerz: “Eric, the destiny of the world economy is not going to be determined by what happens to Brexit or the U.S. election. Of course the election can be a catalyst but it won’t be the reason for what will happen next.
- Will The Globalists Allow Trump to Win The Selection – Financial Survival Network
Jeff is interviewed by Kerry Lutz for the Financial Survival Network. Topics include: Hillary Clinton owned by the elite, Brexit shows that the elite are starting to lose control, people wanting change, Trump an insider, if elected nothing much will change, may be allowed to win, doesn’t really matter who wins, Clinton on her last legs but Trump highly energetic, an entertaining election, media manipulation, the G7 and Bilderberg, election 2017!
- Feeling The Oil Crunch: Saudi Arabia Cancels $266 Billion In Projects
Saudi Arabia’s governing economic body called the Council of Economic and Development Affairs (CEDA) has cancelled $266.7 billion in projects, the Saudi Press Agency said, and announced it would be settling much-delayed private-sector payments by year end. The projects that have been canceled are the ones that are not expected to accelerate the kingdom’s growth or improve the living standards for its people. The cancellations were first considered in September, but at the time, it was noted that only $20 billion in projects would be considered to put on the chopping block. The size of the delayed payments—mainly due to severe hits to the kingdom’s oil revenue—remains undisclosed, but it includes delayed payments to construction firms, medical establishments, and foreign consultants. One analyst, according to Reuters, estimated that the amount still owing just to construction firms was US$21 billion. The 2016 budget deficit will not be known until late December, when Saudi Arabia announces its 2017 budget plan.
- Pope Francis is at it Again
As if there are not enough sufficient reasons for right thinking individuals to want a Donald Trump Presidency, one of the biggest is that it would be a direct and quite necessary rebuke and humiliation of the purported head of the Catholic Church, Pope Francis. Bergoglio has once again injected his neo-Marxist self into areas where he has no right to interfere. Of course, this has never stopped this cretin from doing so before, especially when it comes to liberalistic causes such as climate change. Whatever happened to popes that preached the Gospel, spoke of the saints, or expounded on doctrine? In a speech given at the Vatican on November 5, Bergoglio spoke of not giving into those politicians who talk of building walls, but those who work to build bridges. He condemned “physical and social walls” that “close in some and exclude others” and added: “mercy is the best antidote against fear” while it “is much more effective than walls, than barbed wire fences, than alarms and arms, and it is free. It is a gift of God.”
- America’s Ruling Elite Has Failed and Deserves to Be Fired
America’s Ruling Elite is freaking out because a significant percentage of the American public is trying to fire them. The Ruling Elite has failed and deserves to be fired, and deep down, they know it–and this awareness of their self-serving failure fuels their panic and their loathing of the non-elite Americans who are trying to fire them. If you think this chart of soaring student loan debt is a sign of “success,” you are 1) delusional 2) protected from the dire consequences of this failure 3) getting your paycheck from this failed system. That in a nutshell is the state of the nation: those who are protected from the consequences of failure are loyal to the Establishment, as are the millions drawing a paycheck from systems they know are irredeemable failures.
- WARNING: Don’t Worry If the Stock Market Goes Crazy After Election
In the hours after the president is elected, equity investors need to brace for volatility. What they shouldn’t do is panic. That’s because regardless of how prices react on Nov. 9, next-day moves in the S&P 500 Index are useless in telling what comes after. While the index swings an average 1.5 percent the day after the vote, gains or losses over the first 24 hours predict the market’s direction 12 months later less than half the time.
- The cost of this Congressional seat increased 23.5x in 6 years.
What do you think have been the best performing assets over the past several years? Perhaps it’s Facebook stock, whose price is up 3.2x since it debuted in 2012. Or maybe Apple, whose stock has soared 4x since 2010. But neither of those companies’ stock performances holds a candle to Colorado’s sixth Congressional district. Back in 2010 when incumbent Rep. Mike Coffman handily won the race, total election spending that year, including funds from PACs and other outside groups, totaled $758,926. Fast-forward six years, and Colorado’s 6th district is now fetching $17,866,308 in total election spending. That’s a 23.5x increase in just six years, putting Apple’s stock performance to shame.
- Stock Market Volatility, Gold and the Election
Before this Monday, the S&P 500 Index went down nine days in a row. While this was almost unprecedented (or in any case, a very rare event) the decline was quite small overall. The timing of the pullback and the subsequent strong rebound on Monday suggests that Mr. Comey’s letters to Congress regarding the FBI investigation into official emails by Hillary Clinton – which have found their way unto a computer owned by Anthony Weiner (the former husband of Clinton’s right-hand woman Huma Abedin) – were the “trigger” for these moves.
- We’re In An Asset Bubble With Good Chances Of Popping: Structured Finance Consultant Janet Tavakoli
Artificially low interest rates push investors into stocks in a precarious bubble. No large banks engaged in derivatives have a good grasp of their risk. Post-financial crisis changes are cosmetic, financial system not safer. Wall Street has bought Washington. Why bank managers in scandals are ever punished. Captured, compliant zombies won’t challenge gross misrepresentations of economic facts.
- For Deutsche Bank, This Is The “Brexit Panic” Signal In Today’s Election
While pre-election polls overhwhelmingly give Hillary Clinton the advantage ahead of tonight’s result, with Reuters reporting “Clinton has 90 percent chance of winning: Reuters/Ipsos States of the Nation”, many banks and brokers – still hurting from the Brexit calamity – aren’t taking chances. Some of the more prominent industry names, such as Morgan Stanley, JPMorgan and Goldman Sachs are bracing for potential tumult on financial markets after Tuesday’s U.S. election should Trump win. As the outcome of the most bitterly fought U.S. presidential elections starts to roll out by Wednesday in Asia, the regional markets will be the first to trade on the results. Reuters writes that as a result, Asia-focused banks HSBC and Japan’s Nomura Holdings Ltd are among institutions boosting staff levels, while others are raising the margin requirements for trading to cope with a possible spike in volume or volatility.
- Major Money Managers Are Hedging Against a Trump Presidency
From Tyler Durden: Major bankers around the world are prepping for the potential fallout from a Donald Trump presidency, despite Hillary Clinton seemingly firmly ahead in the polls. While pre-election polls overwhelmingly give Hillary Clinton the advantage ahead of tonight’s result, with Reuters reporting “Clinton has 90 percent chance of winning: Reuters/Ipsos States of the Nation“, many banks and brokers – still hurting from the Brexit calamity – aren’t taking chances. Some of the more prominent industry names, such as Morgan Stanley, JPMorgan and Goldman Sachs are bracing for potential tumult on financial markets after Tuesday’s U.S. election should Trump win.
- Collapse: Elite Planning An Engineered Reset?
Jeff Berwick joins SD to discuss the coming economic collapse. Berwick believes TPTB realize the system cannot survive and are going to engineer a collapse. He says governments around the world, international organizations, and billionaires realize the writing is on the wall & are preparing for the coming crisis…
- Private Militia Groups Actively Preparing For Fraudulent Hillary Win
Tomorrow is the day that could forever change the trajectory of this country, and there is certainly no shortage of people who have theories on how the day will end, or who will emerge victorious. With less than 36 hours until the polls close, one thing is certain: Anyone who planned on being prepared for the potential of massive civil unrest, had better have done so already. In the following video, I am joined by a very special guest, Ronnie McMullen, who has made it his life’s work trying to counter the negative side effects of what one of Hillary Clinton’s largest supports is producing. Ronnie joins me to discuss what how several possible election scenarios could play out, and what each could mean for the future and the health of the country.
- Julian Assange Issues Statement On The US Election
In recent months, WikiLeaks and I personally have come under enormous pressure to stop publishing what the Clinton campaign says about itself to itself. That pressure has come from the campaign’s allies, including the Obama administration, and from liberals who are anxious about who will be elected US President. On the eve of the election, it is important to restate why we have published what we have.
- This Election Marks the Beginning of Volatility
Volatility is high going into this election (because nobody knows what will happen, and there is a lot at stake). People think that after the election, the uncertainty will be out of the way, and volatility will subside. Will it? Here are the ways this election could go wrong. Let’s think about this a little bit.
- Bill Holter and Jim Sinclair on the Looming Global Economic Collapse
Recently, Greg Hunter was fortunate enough to be interviewed by legendary investors Jim Sinclair and Bill Holter from JSMineset.com. During the first portion of the interview, Bill and Jim ask Greg Hunter from USA Watchdog a series of questions in an attempt to get his opinion on the state of “journalism” as a whole, or what some would more properly refer to as “propaganda” if it’s coming from the mainstream media. Jim and Bill also do their best to get a read on what many of the other guests have predicted about the economy over the last few months when they’ve had the chance to visit with Greg on USA Watchdog.
- Voting Machine “Irregularities” Reported in Utah, Tennessee, Pennsylvania, & North Carolina
Who could have seen this coming? People in numerous states reported problems voting Tuesday due to faulty machines, according to numerous news sources. Pennsylvanians told CBS News their vote for Trump was changed to Clinton…
- Early Voting Results In Key Battleground States Appear To Favor Donald Trump
If you want Donald Trump to win the election, then you have got to be encouraged by what you are seeing so far. Early voting has already been going on in a number of the most important battleground states, and up to this point the numbers seem to support the theory that Donald Trump is doing significantly better in key swing states than Mitt Romney did in 2012. As you will see below, the latest numbers released by Florida, North Carolina, Colorado and Arizona all have good news for the Trump campaign. Without a doubt, I still have an ominous feeling about what is going to happen tomorrow night, but so far at least there are some encouraging signs.
- Your Complete Guide To Election Day And Night: What To Watch For And When
It’s almost over: the most divisive, theatrical, dramatic and dirty presidential campaign will be in the history books in just a few hours, with more than 130 million Americans expected to cast ballots across 50 states. However, just winning the popular vote will be insufficient: indeed, it may well be that the popular-vote winner does not win the electoral college. So which states should one be looking at, and how long is the final day’s drama set to continue? For the benefit of the traders out there, last week we showed a primer from Citigroup explaining when traders can hope to go home on election evening, according to which it was “all about Florida, North Carolina and Ohio.”
- Hillary Clinton Is Spirit Cooking The US
I heard the term “spirit cooking” for the first time a few days ago. At first I assumed it was some form of culinary style that was done in a spiritual way. Boy was I wrong. Reports on the internet are actually referring to a meal involving “blood, sperm and breastmilk.” The term was mentioned in an invitation to John Podesta, chairman of the Clinton campaign. Podesta didn’t go to the dinner involved, apparently, but the term and its ingredients made considerable news on the internet. As I thought about the term more and more it seemed to be an appropriate fit for the Clinton campaign. This became especially clear in the news earlier today when the FBI managed to “review” 650,000 emails in nine days (after taking a year to review 33,000 previous ones) and they also determined that none of them would have an impact on their July decision to clear Hillary Clinton of “leaking” classified documents.
- Europe’s New Blasphemy Courts
Europe is currently seeing the reintroduction of blasphemy laws through both the front and back doors. In Britain, the gymnast Louis Smith has just been suspended for two months by British Gymnastics. This 27-year old sportsman’s career has been put on hold, and potentially ruined, not because of anything to do with athletics but because of something to do with Islam. Last month a video emerged online of the four-time Olympic medal-winner and a friend getting up to drunken antics after a wedding. The video — taken on Smith’s phone in the early hours of the morning — showed a friend taking a rug off a wall and doing an imitation of Islamic prayer rituals. When the video from Smith’s phone ended up in the hands of a newspaper, there was an immediate investigation, press castigation and public humiliation for the young athlete. Smith — who is himself of mixed race — was forced to parade on daytime television in Britain and deny that he is a racist, bigot or xenophobe. Notoriously liberal figures from the UK media queued up to berate him for getting drunk or for even thinking of taking part in any mockery of religion. This in a country in which Monty Python’s Life of Brian is regularly voted the nation’s favourite comic movie.
- Nigel Farage forced to admit that the EU referendum was only ‘advisory’
Nigel Farage was forced to admit the referendum on leaving the EU was only “advisory” after he clashed live on TV with the lead claimant in a legal challenge to the Government on the issue. The Ukip leader and Gina Miller, whose efforts led the High Court to rule against Theresa May’s right to trigger Article 50 without consulting Parliament, both appeared on the Andrew Marr Show on Sunday morning. After the pair had both been interviewed separately, Mr Farage challenged Ms Miller saying: “I just want to ask her – what part of the word ‘leave’ don’t you understand?”
- Rigged vote-counting is the Holy Grail of collectivism
The mantra of collectivism is: “The greater good for the greater number.” The idea is that anything can be justified as proper and moral, even deception, theft, denial of rights, and killing innocent people, if it is claimed that these things are done for the good of society or the nation. That is the moral code that allows national leaders to lie about anything and commit horrendous crimes against their own countrymen under the excuse of ‘national security’.
- The Bond Bubble Might Finally Be Bursting
For years, global central banks have pushed back with extraordinary easy-money policies, delivering ultra-low and even negative interest rates worldwide. And for years, financial commentators … including my colleagues Larry Edelson, Mike Larson and myself … have been predicting this will end very badly one day – when the spell of omnipotent central banks is forever broken and investors reject government debt of any kind. Well, 2016 may go down in the financial history books as a real game-changing year: The end of the great bull-market bubble in bonds.
- Stocks Will Likely Crash If Trump Wins
Analyst Chad Shoop explains why the markets will likely sell off considerably if Donald Trump wins next week’s election, and what investors can do to hedge against the pullback. When I want to make sure my 7-year-old son has put thought into a debate we are having, I put money on the table. It doesn’t matter if we are debating whether or not a wide receiver got both feet inbounds, or if my son’s done his chores for the week. He will tell me whatever I want to hear at first — that he made his bed or cleaned up his room. But the second I say, “You owe me $20 if it’s not done,” he will think about it more, or run to his room to check. Putting money on the line makes it real to him.
- Anarchast: The Libertarian Take on the North Dakota Pipeline Dispute with Derrick Broze
Jeff interviews Derrick Broze, topics include: Derrick was at the Dakota access pipeline project protests, the Standing Rock Sioux resistance movement, a collision of cultures, sacred burial sites, stopping the pipeline, water is life, the biggest indigenous solidarity movement in history, the red power movement, property rights, the state is working with the oil companies, the land was never ceded, Iowa farmers also resisting, stateless environmental protection, first hand account of the protests including provocateurs, state violence and police militarization, freedom cells, agorism, spiritual ties to the land, a better life for all.
- Billionaire Fund Manager Expects Stocks to Plummet 80% – But When?
One of the trends TDV watches closely is the inevitable unraveling of markets, especially equity markets. The stock market has been weaponized by disastrously low interest rates and it is only a matter of time before catastrophe occurs. Just a matter of months, weeks, days or hours. We’re not debating the magnitude of the catastrophe anymore, just the timing. Of late, the markets have been looking increasingly shaky. In fact the VIX volatility index is up while many major indices are down.
- The Presidential Cycle
The market has been very readable since before Brexit. It was over bearish and due for a post-Brexit rally check. It was due for a drop to test major support check, but amid last week’s highly broadcast 9 straight down days and the renewed Clinton email scare, it was due for a bounce from over bearish status check. However, this is not the end of the story. We remain on a test of major support unless certain upside resistance parameters are taken out. Beyond this highly volatile phase, we are likely either going to confirm major support and potentially break out to new highs or a bear market will ensue. Figuring prominently in the short-term is the US election. Here is NFTRH 420’s weigh-in on something I almost never want to comment on but did in this week’s report, given Donald Trump’s ‘overbought’ status last week.
- Civil War II – Fourth Turning Intensifying
As we enter the final stretch of this vitriolic, deplorable, venomous, propaganda saturated, deceitful, rigged presidential election spectacle, it becomes painfully obvious this Fourth Turning is careening toward bloodshed, bedlam, confrontation, and civil war. The linear fixated establishment, who fancy themselves intellectually superior to the irredemables, are too blinded by their sociopathic, increasingly audacious subversion of the Constitution, to grasp the level of rage and disillusionment of a white working class that has been screwed over for decades.
- Reforming the Fed: Where the Candidates Stand
With presidential candidates, sometimes it’s tough to cut through the political minutia to find out what they think about important issues. The debates didn’t seem to shine much of a light on topics like the Federal Reserve and interest rates, so here’s a quick look at how Clinton and Trump are leaning when it comes to reforming the Fed.
- Will The Election End America’s Torment?
Enemies of the United States are joyously watching its upcoming elections that are exposing this once great nation as deeply corrupt. It’s as if a huge rock has been turned over, exposing the swarming, slithering underside of America’s political system. For those who admire America, like this writer, this week is a time to weep for the republic. We see two candidates who are utterly unfit for the highest office: Hilary Clinton, engulfed by scandals, and blustering TV mogul Donald Trump, a man of profound shallowness who advocates Islamophobia, torture, and environmental ignorance.
- Clinton Foundation Head Accused Chelsea Of Using Funds For Wedding, Campaigning, And Avoiding Taxes
Doug Band, the former top aid to Bill Clinton who helped found the Clinton Global Initiative, accused Chelsea Clinton of illegal activities by using foundation money to pay for her wedding and getting paid to campaign, all while avoiding paying taxes. After Chelsea had launched an investigation into the foundation’s finances under Band’s control, an angry Doug Band email Hillary Clinton’s campaign chairman John Podesta to complain. Band called Chelsea’s actions, “not smart.”
- Everybody Is Telling Me That Trump Is Going To Win – So Why Do I Have Such An Ominous Feeling?
I hope that I am wrong. On Tuesday night we will find out who our next president will be, and I have a very ominous feeling about what is going to happen. But all around me there are people telling me that Trump is going to win. They tell me to disregard the polls because they cannot be trusted, and that very well may be true. They tell me that new voters and independent voters will overwhelmingly vote for Trump, and they tell me that it is obvious that Trump has more enthusiasm for his campaign because of the size of his rallies. I have even heard some people say that God told them that Donald Trump is going to win the election. Well, we will find out on Tuesday night who was right and who was wrong. Personally, I don’t know what is going to happen, but I am quite skeptical of Trump’s chances and I can’t shake this ominous feeling about what Tuesday night will bring.
- Trump Reportedly Lining Up Septuagenarians Giuliani and Gingrich for Cabinet
If Donald Trump bucks the odds and wins tomorrow’s election, he’s planning to offer cabinet positions to a handful of fiercely loyal surrogates who refused to jump ship during his often messy campaign. Among them are former New York City mayor Rudy Giuliani and onetime Speaker of the House Newt Gingrich, NBC News reports.
- Nevada Penalizes Solar Energy Users With Hefty 40% Tax Increase
An absurd monthly fee imposed on solar customers was just voted in by the Nevada Public Utility Commission (PUC), virtually penalizing net metering (NEM) users of the renewable energy and in a sense, screwing these guys over after making the investment to go solar. Yip-dee-doo! Photo credit: Kristine Lavine, Denver Business Journal. Such is the current state that Nevada is in right now after it turns out that consumers opting with solar energy in the state are eating up on the potential profit that NV Energy should have. And in order for the company to combat this, they were able to coerce lawmakers to make solar energy insanely expensive – in hopes of convincing people to just stay blindly on the grid and stop being so ‘hippy’.
- New Study Highlights Environmental Impacts Of Green Energy
Wind and solar power aren’t as environmentally friendly as green energy activists often claim, according to a new study by scientists at Uppsala University in Sweden. Researchers noted that wind turbines and solar panels are made of non-renewable resources that have to be dug out of the ground. Both solar and wind power use a lot of land and water, leading to habitat destruction. Additionally, hazardous materials like sulfuric acid and toxic phosphine gas factor in heavily in solar panel manufacturing. Modern wind turbines are also highly dependent on rare earth minerals mined primarily from countries with poor environmental records, like China.
- UNSG hails Paris Climate Agreement entry into force
United Nations Secretary-General Ban Ki-Moon as hailed the entry into force of the Paris Climate Agrement and its speedy ratification by 96 countries around the world. “Today we make history in humankind’s efforts to combat climate change,” Ban told a gathering of activists combating climate change at UN Headquarters in New York. He compared the Paris Climate Agreement, which was agreed to in December 2015 as having been done in “record time” when compared to the Kyoto Climate Agreement of 1997, which took eight years to come into force and was largely dismissed even by some of its signatories.
- How Donald Trump Helped the Paris Climate Deal Become Law Ahead of Schedule
The U.N. global climate deal known as the Paris Agreement came into legal force on Friday, nearly a year after dozens of countries agreed to it in marathon negotiations in the French capital. The goal of the accord is to limit global warming to below two degrees Celsius above pre-industrial levels. Many scientists believe that any increase above that mark will cause major disruption to the Earth’s climate. So far, 95 countries have signed the deal. That includes the United States. President Obama made climate change a key item of his agenda, pushing China to join the effort, and signing the Paris Agreement in August. Donald Trump, however, has vowed to withdraw the U.S. from the deal if he is elected President on Tuesday, and has slammed the Paris Agreement on the campaign trail. As far back as 2012—in one of his now-famous tweet-storms—Trump called climate change “bullshit” and a “hoax,” saying that China had fabricated the issue in order to boost their own industries and undermine American competitors.
- ‘The beginning of a new era’: World reacts to Paris Agreement coming into force
Green businesses and industry groups have wholeheartedly welcomed the official enforcement of the Paris Agreement, but environmental groups and other experts are now urging governments to go beyond the ambition of the deal in order to avoid catastrophic climate change. The Agreement comes into force today (4 November), with governments agreeing to keep the global temperature rise to 2C above pre-industrial levels – and preferably 1.5 degrees. This is the culmination of the global climate deal agreed in the French capital less than a year ago, which effectively commits countries and businesses to move away from fossil fuels.
- Big Oil Promises $1 Billion In Climate Change Fight
A host of oil supermajors announced on Friday that they would allocate US$1 billion for fighting climate change over the next ten years. The effort, called the Oil and Gas Climate Initiative, involves BP, Shell, Aramco, Total, Eni, Statoil, Repsol, CNPC, Pemex, and Reliance Industries. Among the priorities of the initiative are cutting methane emissions from oil and gas pipeline leaks, and accelerating the development of carbon capture, use and storage technology. The money that the ten companies pledged will be collected in a fund, OGCI Climate Investments, which will partner with businesses from the transport and other energy-intensive industries in a bid to improve energy efficiency in these sectors.
- Paris Climate Change Deal Becomes International Law
The Paris Agreement to combat climate change became international law on Friday — a landmark deal about tackling global warming amid growing fears that the world is becoming hotter even faster than scientists expected. So far, 96 countries, accounting for just over two-thirds of the world’s greenhouse gas emissions, have formally joined the accord, which seeks to limit global warming to 2 degrees Celsius (3.6 degrees Fahrenheit). More countries are expected to come aboard in the coming weeks and months. Secretary General Ban-Ki moon commemorated the event, talking with civil society groups at U.N. headquarters in New York to hear their concerns and visions for the future. “Today we make history in humankind’s efforts to combat climate change,” Ban said before opening the meeting.
- The Paris climate agreement and why it matters
Almost 200 governments signed an unprecedented agreement last year to phase out fossil fuels in favour of renewable energy in the second half of the century. This agreement, signed in the French capital and seen as a turning point for global climate policy, comes into force on Friday. Al Jazeera explains why the deal matters and what it means for the future.
- The Paris climate change agreement: how will it affect you and your pay packet?
In early October 2016, 55 countries with 55 per cent of the world’s greenhouse gas emissions ratified the Paris climate change agreement. On November 4, it came into force. The main long-term goal is to keep the increase in global average temperature to well below 2°C above pre-industrial levels. But what does meeting the Paris aims look like in the short-term, within our lifetimes?
- The Paris Agreement: Now We Need to Move the Money
At the recent United Nations General Assembly in New York, Secretary General Ban Ki-moon predicted the Paris climate agreement would enter into force before 2017, announcing 60 countries had now ratified its terms. Last week, the International Monetary Fund and World Bank welcomed an influx of finance ministers and central bankers, to its annual meetings in Washington DC. At first glance, these two events might appear totally unrelated. The ratification of the Paris Agreement – a global deal to keep global temperature rise below 2°C – is a huge achievement and a real triumph for multilateralism. It also focuses the mind on the next step: how the Agreement will be implemented across the world?
- Giuliani Rages At FBI Decision “We Are Supposed To Be A Country Of Justice”
Former New York City Mayor Rudy Giuliani appeared on Fox News’ Sean Hannity Show Sunday, to talk about how out of place the Director of the FBI James Comey’s remarks were regarding the Clinton investigation. As Intellihub’s Shepard Ambellas reports, Giuliani said that back in July there was already “overwhelming evidence” that Hillary Clinton “violated the law.” ‘Now in November we are hearing that she had her maid print out classified material routinely.’ “So if she was completely reckless back in July, the new revelation makes the situation much worse,’ Giuliani told Hannity.
- Election Prediction 2016: Current Trend Lines Show Trump Will Win in Landslide
So what is going to happen on November 8? On April 2nd of this year we predicted that Ted Cruz would be mathematically eliminated from the Republican race for President on April 27th because on that day he would need more delegates than would be available. We also predicted that on April 27th Donald Trump would accumulate 943 delegates which would put him well on track to win the Republican nomination. April 27th came and Ted Cruz was eliminated and Trump had amassed 944 delegates (which later was updated to 950 delegates). We were spot on!
- Newsweek Calls It: “Madam President Clinton” Hits The Shelves Due To A “Business Decision”
With still over a day to go until the earliest possible result from tomorrow’s presidential election, a part of the blogosphere and conservative media was up in arms over a commemorative Newsweek cover depicting “Madam President” which appeared in print as early as Saturday. As Infowars reported, a Twitter user who works at a bookstore tweeted the images with the comment, “I work at a bookstore and we typically get magazines early and lookie what we got here.” and then adds that “her Twitter account was subsequently deleted after reporter Luke Costin chastised her for “fueling Trumpists’ hysteria about “rigged” #Election2016.”
- Can The Oligarchy Still Steal The Presidential Election? — Paul Craig Roberts
The election was set up to be stolen from Trump. That was the purpose of the polls rigged by overweighting Hillary supporters in the samples. After weeks of hearing poll results that Hillary was in the lead, the public would discount a theft claim. Electronic voting makes elections easy to steal, and I have posted explanations by election fraud experts of how it is done. Clearly the Oligarchy does not want Donald Trump in the White House as they are unsure that they could control him, and Hillary is their agent. With the reopening of the FBI investigation of Hillary and related scandals exploding all around her, election theft is not only more risky but also less likely to serve the Oligarchy’s own interests. Image as well as money is part of Oligarchic power. The image of America takes a big hit if the American people elect a president who is currently under felony investigation.
- Can U.S. Elections Really Be Stolen? Yes.
Is election theft possible in the United States? And might the suspects live closer to home than the Kremlin? Professor Mark Crispin Miller, author of numerous books and articles on computerized election fraud, explores the very real possibilities.
- Benghazi guards turned on US diplomats in 2012 attack, sources say
An obscure private firm hired by the State Department over internal objections to protect U.S. diplomats in Benghazi just months before the American ambassador and three others were killed was staffed with hastily recruited locals with terror ties who helped carry out the attack, multiple sources told Fox News. The explosive charge against Wales-based Blue Mountain Group comes from several sources, including an independent security specialist who has implemented training programs at U.S. Consulates around the world, including in Benghazi, where he trained a local militia that preceded Blue Mountain. The source, who spoke on condition of anonymity, said Blue Mountain used local newspaper ads to assemble a team of 20 guards, many of whom had terror ties, after securing a $9.2 million annual contract.
- State Dept. Has up to 31,000 Pages of New Clinton Records from the FBI’s Investigation; Wants Five Years to Process Them
Judicial Watch President Tom Fitton made the following statement regarding developments during today’s court hearing concerning Judicial Watch’s Freedom of Information Act (FOIA) lawsuit seeking emails sent or received by former Secretary of State Hillary Clinton in her official capacity during her tenure as secretary of state: ‘The Obama State Department is doing a political favor for Hillary Clinton for suggesting to a federal court today that Judicial Watch wait as long as five years to see up to 31,000 new Clinton documents found by the FBI. We learned in this lawsuit that the State Department is slow-walking the release of Hillary Clinton’s deleted and hidden emails. Ironically, this Clinton/Obama State Department stonewalling has guaranteed that the Clinton email scandal won’t be resolved for years.’ The court has set the next hearing in this case for November 29 to discuss the status of 650,000 emails reportedly found on the computing devices of Huma Abedin and Anthony Weiner.
- Fed Up Friday: FOMC Revisions Likely, Regardless of Election Result
With the election looming, the Fed met all expectations of delaying a rate hike in November. Whether or not a hike happens in December, the benefit to owning gold is that “real” interest rates could stay low or negative regardless of the outcome. Learn about all that and more in this week’s Fed Up Friday.
- I Just Lost All Faith In Our Deeply Corrupt Legal System And In The Rule Of Law In The United States
The FBI just gave Hillary Clinton the biggest gift in the history of presidential politics. Two days before the election the FBI has announced that they are ending their investigation into Hillary Clinton’s mishandling of classified information. After reviewing the emails that were found on electronic devices owned by Huma Abedin and Anthony Weiner, FBI Director James Comey sent a letter to Congress telling them that “we have not changed our conclusions that we expressed in July with respect to Secretary Clinton.” That means that there will be no indictment, and the path is now clear for Hillary Clinton to become the next president of the United States on Tuesday unless an election miracle happens.
- A Digital 9/11 If Trump Wins
There are disturbing signs that a digital 9/11 terror attack is being readied for election day in the US to ensure that Donald Trump does not win. Such an attack – involving widespread internet and power outage – would have nothing to do with Russia or any other foreign state. It would be furnished by agencies of the US Deep State in a classic “false flag” covert manner. But the resulting chaos and “assault on American democracy” will be conveniently blamed on Russia. That presents a double benefit. Russia would be further demonized as a foreign aggressor “justifying” even harsher countermeasures by America and its European allies against Moscow.
- Fact file: BRICS drive the global economy
BRICS nations – Brazil, Russia, India, China and South Africa – account for 43 per cent of the world’s population and 25 per cent of the global economy. Despite a global economic slowdown, BRICS has been a main economic engine for the world economy. Countries such as Brazil and Russia, which struggled with recession in the past two years, are expected to turn the corner and post GDP growth in 2017. Russia’s GDP contracted 1.2 per cent in Q1 2016 but that slowed to 0.6 per cent in Q2, according to data from the Rosstat federal statistics service. This is a marked improvement to its 3.7 per cent contraction in 2015; it contracted 3.8 per cent in Q4 in 2015.
- She’s guilty and she knows it, Trump rages as FBI clears Clinton over emails
Furious Donald Trump has accused the FBI of impropriety after the bureau cleared US presidential rival Hillary Clinton of criminal wrongdoing in a new email probe, lifting a cloud hanging over the Democrat as America goes to the polls on Tuesday. FBI director James Comey told the US Congress on Sunday that the bureau found no evidence to warrant criminal charges against Mrs Clinton in a trove of newly-discovered emails. But Republican Mr Trump told supporters it would have been impossible for the FBI to review what has been reported to be as many as 650,000 emails in so short a time and said Mrs Clinton was being protected by “a rigged system”.
- “More than a Dozen” Drugmakers under Criminal Investigation for Price-Fixing, Shares Plunge, after Getting Crushed All Year
The digital ink wasn’t dry yesterday on my article on How PE Firms Are Flipping Drugs in Price-Gouging Scheme that Cannibalizes the Entire US Economy, when Bloomberg reported that US prosecutors “are bearing down” on “more than a dozen” drugmakers “in a sweeping criminal investigation into suspected price collusion.”
- Donald Trump’s Argument For America
- How PE Firms Are Flipping Drugs in Price-Gouging Scheme that Cannibalizes the Entire US Economy
The ravenous price increases that pharmaceutical companies slap on their medicines are part of the reason the US health care system is eating an ever larger slice of consumer, corporate, and government spending, and why the rest of the economy has trouble moving forward. Some of the price increases have turned into scandals with plenty of mouth-wagging by politicians. Mylan got raked over the coals in Congress for raising the price of its autoinjector EpiPen seven-fold since buying it in 2007. Last year, Turing Pharmaceuticals, under Martin Shkreli, got into hot water over raising the price of just-acquired Daraprim 50-fold.
- Another European Bank Becomes a Penny Stock
Despite receiving some of the most generous public subsidies in recorded history, Europe’s financial sector continues to hemorrhage. In Italy, the total market value of Monte dei Paschi di Siena, the world’s oldest bank and Italy’s third largest, is a fraction over €500 million, as its shares hover just 23 European cents above zero. In the EU’s largest economy, Germany, the country’s only G-SIB (Global Systemically Important Bank), Deutsche Bank, has seen its stock plummet close to 90% in the last 10 years,from €117 to €12.30. This year alone it’s down well over 40%.
- The Dollar Collapse Has Begun; U.S. Bank Failures Soon to Follow
In Part I of this three part interview between Elijah Johnson and Dr. Jim Willie, the interview starts off by with Elijah asking Dr. Willie about the unprecedented dumping of U.S. Bonds by China and Saudi Arabia in recent weeks. By “unprecedented” dumping, Elijah is referring to several weeks ago when the markets witnessed never before seen numbers as $28 billion in U.S. Treasuries were dumped in a single week, followed by another $23 billion a week or so later.
- Emails Warrant No New Action Against Hillary Clinton, F.B.I. Director Says
The F.B.I. director, James B. Comey, told Congress on Sunday that he had seen no evidence in a recently discovered trove of emails to change his conclusion that Hillary Clinton should face no charges over her handling of classified information. Mr. Comey’s announcement, just two days before the election, was an effort to clear the cloud of suspicion he had publicly placed over her presidential campaign late last month when he alerted Congress that the F.B.I. would examine the emails. “Based on our review, we have not changed our conclusions that we expressed in July with respect to Secretary Clinton,” Mr. Comey wrote in a letter to the leaders of several congressional committees. He said agents had reviewed all communications to and from Mrs. Clinton in the new trove from when she was secretary of state.
- “Sell Everything Now” David Stockman Warns, America Faces “Total Disaster…Partisan Warfare”
“Under a Trump victory, all bets are off,” warns former Director of the Office of Management and Budget under President Ronald Reagan, David Stockman. “I like [Trump] because he’s against the establishment, but he has no economic program. Yes, he’s a disruptor, but has nothing to disrupt with,” Stockman told CNBC, “if elected, it will be partisan warfare and a total disaster.” Stockman’s message is clear, as CNBC notes, sell everything…
- WikiLeaks Documents Coming From US Intelligence Not Russia, MSM & Democrat Party Dying
There are numerous reports on the alternative media of documents being given to WikiLeaks to counter the corruption and lawlessness of the Obamas and Clintons. AG Loretta Lynch has been reportedly blocking an FBI investigation into the Clinton Foundation that many say is a “global charity fraud” and a “huge criminal conspiracy.” The leaked emails and documents show corruption between the Justice Department and Hillary Clinton. These documents and emails also show a grand cover-up of the true treason that has taken place in the highest offices of the U.S. government.
- Value of Gold – Unlike Paper Currency Gold Has Maintained Its Value Throughout Ages
The Value of Gold. “Unlike paper currency, coins or other assets, gold has maintained its value throughout the ages.” Jill Kerby, personal finance expert and Mark O’Byrne, Research Director of GoldCore were interviewed by Sinead Desmond of ‘Ireland AM’ on TV3 this morning about the “value of gold” as a store of wealth and financial insurance in our “electronic age”.
- Chinese firms to begin ‘new Egypt capital’ in 2017
Following months of speculation that the whole project had been scrapped, construction on Egypt’s New capital city by two of China’s biggest developers could begin as early as next year. The Egyptian government is targeting up to $45 billion in investments, and the agreements set to be finalized before the year’s end will bring the country closer to that target. Earlier this month, heads from China Fortune Land Development Company (CFLD) met with Egyptian President Abdelfattah Al-Sisi and agreed to provide $20 billion over the coming 10 years for the currently unnamed city mega project which is expected to break ground some 47 kilometers east of the current capital Cairo.
- Egypt awaits IMF help amid FX shortage
Egypt is reportedly weeks away from securing the first installment of its much-anticipated $12 billion loan from the International Monetary Fund as its currency continues to fall in the parallel market. Managing Director Christine Lagarde told reporters last week that “[Egypt has] almost completed” the actions required for the IMF board to review the loan accord. The board is expected to arrive in Cairo some time in early November to finalize a set of conditions that require Egypt’s compliance. The conditions include a host of economic reforms as well as confidence-building measures to help mitigate the debilitating impact of a foreign-currency shortage. One such stipulation is acquiring up to $6 billion from bilateral creditors.
- Something Big Is Underway On All Fronts: “Within The Next Few Weeks The Future Of The United States Will Be Decided”
As of this writing, the increased U.S. troop presence in Eastern Europe includes a battalion-sized element of American troops being emplaced in the Suwalki Gap, Polish territory that borders Lithuania in a 60-mile stretch of corridor. The Russian Defense Ministry announced that 600 Russian and Belarussian airborne troops conducted training exercises in Brest, on the Belorussian-Polish border only a few miles from where the U.S. forces are deploying in Poland. This on the heels of Britain deploying 800 men, tanks, and jets to Estonia, along with pledges of Challenger 2 tanks, APC’s (Armored Personnel Carriers), and drones. Two companies of French and Danish Soldiers will join the British in the deployment to Estonia.
- OPEC Chaos Sees Oil Prices Fall
Oil prices settled at a six-week low on Thursday following several consecutive days of large price declines. The major catalysts this week were doubts over an OPEC deal and EIA data showing a record build up in crude oil stocks. The EIA said Wednesday that U.S. oil inventories rose by 14.4 million barrels last week, the largest gain in a single week since data collection began in the early 1980s. WTI plunged below $45 per barrel on the news and the five consecutive days of losses was the longest streak since June. The data could be misleading, however. The huge buildup in inventories came largely because weekly imports spiked. Imports rose by about 2 million barrels per day last week after several weeks of hovering at below-average levels. The import spike was partially affected by bad weather, including a hurricane, and could be an anomaly. If that is the case, crude stocks probably won’t gain at similar rates in the weeks ahead.
- Every Asset Class Will Collapse: ‘You Need To Be Looking At Your Wealth In Terms Of How Many Chickens And How Much Gas You Can Buy’
There’s no other way to put it. The system as we know it will collapse. This, argues Karl Denninger of the Market Ticker, is a mathematical certainty. In a recent interview with Future Money Trends Denninger touches on the various dire challenges facing America. From the Presidential election to the rampant corruption in our financial, political and healthcare systems, he pulls no punches and warns that the worst is yet to come unless real action is taken immediately. Failure to do so, says Denninger, will lead to a collapse of everything we consider to be a part of our current way of life.
- OPEC Is Now Irrelevant – This Oil Price Plunge Is Different
Not very long ago, oil prices traded at well below $20/b and OPEC anxiously came up with a mechanism which it termed as “OPEC Price Band’ $22-$28/b”. The rationale for this price band, was that OPEC members would find it sufficient for the growth of their oil and gas industry while the price was high enough to meet their government budgetary requirements. However, only a few years after this mechanism was introduced, oil prices exploded upwards and OPEC was forced to abolish its own price band in favour of higher oil prices.
- Gold may be real winner in US elections
To the relief of some but the worry of many others the US election is now just days away. Unlike past elections this one appears to grown more uncertain and fraught the closer it gets. Since the FBI announced further investigations into emails associated with Hillary Clinton, her lead has narrowed and voters appear to be even more undecided. For some the decision is a fate worse than death, as Reuters reported, ‘Young Americans are so dissatisfied with their choices in this presidential election that nearly one in four told an opinion poll they would rather have a giant meteor destroy the Earth than see Donald Trump or Hillary Clinton in the White House.’
- Oil Prices Set For Biggest Weekly Decline Since January
Having scored the largest weekly drop in six weeks last week, oil prices have continued to crash this week too, and are heading to their largest weekly loss since mid-January 2016, amid growing U.S. inventory builds and lingering skepticism that OPEC can pull off a production cut deal. At the time of writing, the WTI Crude futures for December delivery traded down 0.02 percent at US$44.65, while Brent Crude prices were down 0.32 percent at US$46.20. In the previous five days, WTI Crude touched a high of US$48.74 on October 31 and a low of US$44.29, today—for a five-day loss of $4.45 per barrel. WTI Crude prices have dropped by 8.2 percent this week so far.
- M&S to axe dozens of high street stores
The new boss of Marks & Spencer (M&S) is to axe dozens of UK stores and stop selling clothing in others in a radical shake-up of its high street presence aimed at persuading the City that he can revive the fortunes of Britain’s best-known retailer. Sky News has learnt that Steve Rowe, who took the helm at M&S earlier this year, will announce next week that a substantial chunk of its UK store portfolio is to be reorganised, a move that will include the outright closure of a significant number of shops.
- EXCLUSIVE: Trump’s 13-year-old ‘rape victim’ dramatically DROPS her case. Woman withdraws legal claim she was assaulted at Jeffrey Epstein sex party
The woman who alleged that Donald Trump sexually assaulted her at billionaire pedophile Jeffrey Epstein’s notorious ‘sex parties’ in 1994 when she was a 13-year-old has dropped the civil lawsuit that was filed against him. Trump’s legal team branded the allegations ‘disgusting at the highest level’ and a ‘hoax’ clearly framed to ‘solicit media attention or, perhaps… simply politically motivated’. She first sued Trump and Jeffrey Epstein under the name Katie Johnson on April 26 in California federal court and filed an amended complaint in New York federal court in October, claiming she was subject to rape, criminal sexual acts, assault, battery and false imprisonment. The court papers offer no corroborative evidence that her claims are true.
- Baker Hughes and General Electric Unite In Merger
On Monday, two major industry companies made an official announcement: General Electric’s oil and gas sector will be merging with Houston’s own Baker Hughes in an effort to create a brand new “digital industrial services giant.” The deal, valued at roughly $32 billion, will unite the country’s biggest industrial company with the third-largest energy services giant in the world. The merger arrives just six months after Baker Hughes’ $35 billion acquisition by Halliburton was axed by the Justice Department due to anti-competition fears.
- WikiLeaks Podesta emails: Rahm Emanuel used private email server to conduct government business
Chicago Mayor Rahm Emanuel used a private email server to communicate with Democratic nominee Hillary Clinton’s campaign chair John Podesta, leaked emails reveal. Emanuel, a former House lawmaker who served early on in the Obama administration, sent an email to Podesta asking him to consider Brian DeSplinter for a position with Clinton’s campaign. Emnauel sent the email from the address [email protected] The email address is still active, according to Mailtester.com, and is run through Google’s Gmail service. This is unlike Clinton who used a private email server based out of her Chappaqua, New York home.
- Trump Wants Former Goldman Partner And Soros Employee To Serve As Treasury Secretary
Six months ago, Steven Mnuchin became finance chair for the Trump campaign. Having succesfully helped to raise 10s of millions of dollars for the campaign, the former Goldman Sachs partner and Soros Fund management employee is now positioned for something much larger as Donald Trump reportedly told his aides today that he wants Mnuchin to serve as his Treasury Secretary.
- Stock Market Reaches Deadly 7 Straight Days of Losses As Catholic Jubilee Year End Day Approaches
The S&P 500 has only fallen for 7 straight days three times in the last 20 years. And, each time it was during a financial crisis. And, it just happened again today. The S&P 500 fell 0.65% on Wednesday, marking seven days in a row of losses. Further, the CBOE Volatility Index (VIX) spiked more than 40 percent over the last six days. It was the first time the VIX rose for six straight days since the lead-up to the UK’s Brexit vote. And, interestingly, the Federal Reserve met again today and surprise, surprise… they didn’t raise rates again – though as usual they keep threatening…
- KONGSBERG, Automated Ships to Build Unmanned, Fully-automated Vessel for Offshore Ops
The UK’s Automated Ships Ltd. and Norway’s Kongsberg Maritime have signed a memorandum of understanding to build the world’s first unmanned and fully-automated vessel for offshore operations. In January 2017, Automated Ships will contract the Hrönn, which will be designed and built in Norway in cooperation with KONGSBERG. Sea trials will take place in Norway’s newly designated automated vessel test bed in the Trondheim fjord and will be conducted under the auspices of DNV GL and the Norwegian Maritime Authority (NMA). The Hrönn will ultimately be classed and flagged, respectively.
- How Much Time do we have Before the Next Economic Crisis?
Since early July, the 30-year US Treasury Bond Price Index has plunged 8.3%. It’s now called “the rout” in longer-dated government bonds. One of the specters is rising inflation at a time of ultra-low yields. What has become the number one predictor of a bear market in stocks over the past many decades? The US Treasury yield curve. It drives bank lending – which can strangle the economy. But this time, the risks are much higher, and the potential economic consequences steeper. The yield curve depicts the yields of different maturities of Treasury securities. Normally, those with short maturities have very low yields, and those with longer maturities have higher yields.
- OBAMACARE: Your Dog Might Have Better Healthcare Than You Do
It’s not exactly controversial these days to suggest that the US healthcare system is in bad shape. According to data collected by numerous independent agencies like the Institute of Medicine, Commonwealth Fund, and Kaiser Family Foundation, the US still ranks dead last among advanced economies in overall quality of its healthcare system. In fact, the US healthcare system has the worst record in the number of deaths caused by mistakes or inefficient care. And wait times in the US for urgent care and primary care visits rank lower than every other developed nation.
- Julian Assange: Isis and Clinton Foundation are both funded by Saudi Arabia and Qatar
Wealthy officials from Qatar and Saudi Arabia who donated money to Hillary Clinton’s charitable foundation also provided financial support to Isis, WikiLeaks founder Julian Assange has claimed. In an extended interview at the Ecuadorian embassy in London with documentary maker John Pilger for RT, Mr Assange said the same Saudi and Qatari officials could be seen to be supporting both the Clinton Foundation – founded by Mrs Clinton’s husband Bill – and funding the activities of Isis.
- “I Feel Like Pablo Escobar” – Venezuelans Resort To Weighing Cash As Hyperinflation Builds
Having thrown in the towel on hyperinflation by printing banknotes with 200-times-higher denominations, Bloomberg reports that things in Venezuela have continued to get worse with the currency now so devalued (with even simple purchases requiring so many bills) that instead of counting bills, they are weighing them. Once one of the world’s strongest currencies, the bolivar has been reduced to a nuisance. Basic purchases require hundreds of bills. Shoppers shove piles of them into gym bags before venturing into crime-plagued streets and shopkeepers stash thousands in boxes and overflowing drawers. In the absence of official data, economists are left to guess what the inflation rate is. Estimates for this year range from 200 percent to 1,500 percent. At a delicatessen counter in eastern Caracas, Humberto Gonzalez removes slices of salty white cheese from his scale and replaces them with a stack of bolivar notes handed over by his customer. “It’s sad,” Gonzalez says. “At this point, I think the cheese is worth more.”
- Fed Sends New Signals About a Possible December Rate Increase
Inflation is finally showing signs of behaving the way Federal Reserve officials want it to, bolstering the case for them to raise short-term interest rates next month. They decided Wednesday to leave rates unchanged while sending new signals that they could move at their next meeting, Dec. 13-14. Inflation has “increased somewhat since earlier this year,” Fed officials said in a statement released after a two-day policy meeting, noting also that some investors’ expectations of future inflation “have moved up but remain low.”
- Don’t Sweat The Election. The Next Crisis Is Already Baked Into The Cake
Friday was one of those days where you walk away from the screen for a minute and come back to find a completely different market. All it took was the FBI finding a trove of new Clinton emails, thus breathing new life into the Trump campaign and throwing what was a foregone conclusion back into doubt. Stocks tanked and gold popped, illustrating Wall Street’s preference in the upcoming election. It will be this way until the vote, especially if polls continue to tighten and the outcome remains uncertain. So there’s no point in obsessing over fundamentals for now. Nothing real will matter until we find out who gets to mess things up going forward. Sort of like the original Ghost Busters where the demon/god says “Choose the form of the destructor.”
- Three Out Of Four Americans Believe The Media Wants Hillary To Win
In light of the Podesta email revelations, as well as the daily farce that is CNN “objective reporting”, it will hardly surprise anyone, that the American public thinks the media wants Democratic presidential nominee Hillary Clinton to win by an almost 10-to-1 margin, according to a new poll. According to a Suffolk University/USA Today poll, which asked “who do you think the media, including major newspapers and TV stations, would like to see elected president: Hillary Clinton or Donald Trump?” the answer was clear: of the 1,000 adults surveyed, 75.9 percent answered Clinton, while just 7.9 percent picked Trump. Just more than 16 percent of respondents chose either “neither” or “undecided.”
- Billionaire: “Single Digit Millionaires” Are Too Poor to Get Justice In America
Billionaire Peter Thiel said yesterday: “If you’re a single-digit millionaire … you have no effective access to our legal system.” Thiel is saying even plain vanilla millionaires can’t afford justice in America. Fordham Law School professor and criminal justice expert John Pfaff notes that – using 2007 numbers – many states’ entire budgets for legal defense for people who can’t afford a lawyer is in the single-digit millions. (Given that the Great Recession happened shortly afterward, those numbers have undoubtedly declined since 2007.) In other words, under Thiel’s logic, even if an entire states’ annual budget for legal defense were spent on a single person, it wouldn’t be enough to deliver justice.
- With insurers pulling out of markets, some Obamacare users “really nervous”
Open enrollment for Obamacare, or the Affordable Care Act, begins today. Problems with the law mean consumers could face significant rate hikes in some parts of the country. There will also be fewer health plans to choose from. Starting today, the administration will make a major enrollment push — but that may be a tough sell in states like Tennessee, which has seen premiums spike more than 50 percent, reports CBS News correspondent Margaret Brennan.
- Not all the Standing Rock Sioux are protesting the pipeline
Ask around and you’ll hear stories of pipeline protesters who’ve traveled great distances. They’ve come from Japan, Russia and Germany. Australia, Israel and Serbia. And, of course, there are the allies, not exclusively Native American or indigenous, who’ve flocked here from all corners of the US. Together they stand in opposition to the Dakota Access Pipeline, a $3.7 billion investment to move 470,000 barrels of domestic crude oil a day through four states. They’re fighting against what they see as corporate greed, an environmental threat and an assault on sacred land. Demonstrating is their proud daily work.
- Recessions, Predictions and the Stock Market
We were recently made aware of an interview at Bloomberg, in which Tony Dwyer of Cannacord and Brian Wieser of Pivotal Research were quizzed on the recently announced utterly bizarre AT&T – Time Warner merger. We were actually quite surprised that AT&T wanted to buy the giant media turkey. Prior to the offer, TWX still traded 50% below the high it had reached 17 years ago. The merger as such is actually not what we want to discuss though. Rather, it is a remark of Mr. Dwyer’s regarding the stock market in general and what the recent merger mania is signaling. He makes two major points in the course of the conversation. For one thing, he notes that the merger (along with many other mergers that have recently been announced) is the result of the extremely easy availability of credit.
- Italy’s Banking System on Verge of Nervous Breakdown
One of the best indicators of whether a financial crisis is in full swing is when senior insiders begin to lose it in public. That’s precisely what happened in Italy on Thursday when Italian senior banker Giuseppe Guzzetti gave a speech at a conference in honor of World Savings Day, an international event that, unbeknownst to 99.9% of mankind, takes place every year on Halloween (Oct. 31). During his address, Guzzetti admitted that Atlante II — one of two bad bank funds created to provide much-needed support to Italy’s crumbling banking sector (the other being its predecessor, Atlante I) — is chronically underfunded. The fund, set up in the spring to help Italy’s most fragile banks, in particular Monte dei Paschi, remove some of the most toxic debt off their balance sheets, has experienced six intense months of activity, “but is now out of breath,” Guzzetti lamented.
- Done in by Overcapacity, Stagnant World Trade, and China, Korean Shipbuilders Collapse on Top of Taxpayers
The ravaged shipbuilding industry in South Korea, deemed too big to fail, is getting its largest taxpayer bailout yet, totaling $9.6 billion, on top of the bailout funds already handed out last year, and on top of another $9.6 billion this year to bail out state-owned banks that were getting slammed by defaulting loans extended to the shipping industry. Their problem: according to trade ministry, cited by the Wall Street Journal, orders for new ships to be built in South Korea have collapsed by 87% over the past nine months from the already terrible 9-month period last year, to almost nothing.
- Can The American People Defeat The Oligarchy That Rules Them? — Paul Craig Roberts
Aren’t you surprised that Hillary and the presstitutes haven’t blamed Putin for FBI director Comey’s reopening of the Hillary email case? But the presstitutes have done the next best thing for Hillary. They have made Comey the issue, not Hillary. According to US Senator Harry Reid and the presstitutes, we don’t need to worry about Hillary’s crimes. After all, she is only a political woman feathering her nest, just as political men have done for ages. Why all this misogynist talk about Hillary? The presstitutes’ cry is that Comey’s alleged crime is far more important. This woman-hating Republican violated the Hatch Act by telling Congress that the investigation he said was closed is now reopened. A very strange interpretation of the Hatch Act. During an election it is OK to announce that a candidate for president is cleared but it is not OK to say that a candidate is under investigation.
- Gerald Celente: Fear Index Spiking After A Fed President Just Confessed ‘Radical Monetary’ Policies Have Failed
With the U.S. dollar, stocks and crude oil trading lower and the price of gold and silver surging, the Fear Index is spiking after a Fed President just confessed that the central banks’ radical accommodative monetary policies have failed. Gerald Celente — Between the stream of WikiLeaks’ email dumps challenging the practices of Hillary Clinton’s campaign and the ethics of the Clinton Foundation, plus the FBI’s announcement to further investigate Clinton’s emails from her private server when she was secretary of state, Wall Street’s odds she would beat Donald Trump next Tuesday are no longer a sure bet.
- The Coming Super Depression, Social Unrest, Wars, Cyberwars, $10,000 Gold & $1,000 Silver
With continued uncertainty in global markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, spoke with King World News about the the coming ‘Super Depression,’ social unrest, wars, cyberwar, $10,000 gold, and $1,000 silver. The Beginning Of The End. Egon von Greyerz: “Money printing and debt is just the most beautiful scheme invented by governments to make ends meet and give the people whatever they want. In this perfect system, it makes not the slightest difference if the budget doesn’t balance. Conventional methods of increasing taxes or reducing government expenses is old hat and totally unnecessary. With modern methods, such trivial problems are solved by the printing press…
- 10 Urgent preparedness items you’ll need when Trump wins the election next Tuesday
This is a message from ‘The Health Ranger’ Mike Adams from NaturalNews.com. For almost a year, he has been publicly predicting that Donald Trump will win the election. Now, with the deep state turning against Hillary — and with damning evidence about to be leaked that will take her down forever — a Trump victory is more certain than ever… While a Trump win is a true victory for America, it’s just the beginning of the establishment’s war on Donald Trump and the revolution he’s supporting. The Washington political establishment, remember, absolutely despises democracy… and they are determined to do anything necessary to destroy Trump, remove him from power and install their own obedient political puppets who will do their bidding.
- Pastor Lindsey Williams introduces Pastor David Bowen – November 3, 2016
Pastor Lindsey Williams introduces Pastor David Bowen with his sixth short weekly video for readers of Pastor Williams’ weekly newsletter.
THE FINAL BUBBLE! Pastor Williams says the information shared by this economist is outstanding and correct. What he says will happen. >>> CLICK HERE TO WATCH THE VIDEO (This video is being shared because the information within it is truly good and correct. Half way through the video it turns into a sales pitch to sell a book and related products. Pastor Williams has asked me to state that Pastor Williams and LindseyWilliams.net do not endorse this book).