Posted at 7:48 PM (CST) by & filed under In The News.

Jim Sinclair’s Commentary

Just the wrong thing at the worst time for many who doubt us!

You will recall our long conversations on just this in the weekly conference call.

For Trump’s sake, let’s hope the last fling of the PTT works until after midterm election.

We have been patient for a long time.

A few weeks more is nothing, yet I suspect we might not have that.

The Global Dollar Shortage is Here – And It’s Becoming A Big Problem
October 19, 2018

Another week and another signal flashing red to deal with. . .

The credit market – in my opinion – is indicating an inevitable ‘crunch’ coming up. And even worse – we’re seeing the global dollar shortage deepening.

Many readers know I haven’t exactly been shy about focusing on this dollar shortage problem all year – you can read more here, and here.

Personally – I think this may be the trigger that kicks off a brutal, worldwide, financial crisis. . .

For instance – just look at what’s happened with Emerging Markets because of a tightening Federal Reserve, a stronger dollar, and drying liquidity.

Don’t forget – a dollar shortage is synonymous with disappearing liquidity. Which means we can expect more violent and sudden market crashes to occur – just like we saw over the last two weeks.

Stock markets (and bond markets) around the world took big losses. The only thing that really outperformed was gold.

More…

Posted at 7:38 PM (CST) by & filed under Jim's Mailbox.

Courtesy of Dave.

Jim

Putin Lays Down the Law at Valdai
October 19, 2018

Every year Russian President Vladimir Putin speaks at the Valdai Economic Forum. And each year his talk is important. Putin isn’t one to mince words on important issues.

With tensions between Russia and the West reaching Cold War levels, Valdai represented the first time we’ve heard Putin speak in a long-form discussion since Helsinki and the events thereafter — IL-20, Khashoggi, etc.

So, this talk is worth everyone’s time. And when I say everyone’s I mean every single person who could be affected by the breakdown of the U.S. political system and how that spills over onto Russia’s shores.

In other words, pretty much everyone on the planet.

Because what Putin did at Valdai was to lay down the new rules of conduct in geopolitical affairs. He put the U.S. and European oligarchs I call The Davos Crowd on notice.

More…

 

That control has been broken! Interesting!

GG

Gold Shorts Suffer Biggest Squeeze Since 1999 As Specs Abandon VIX-Selling Spree
October 21, 2018

Until the last couple of weeks, net speculative positioning in financial markets was all on one side of the boat with speculators are woefully unprepared for a major risk-off event, suggesting complacency had reached epidemic levels as equities broke out to new highs.

Then the calendar rolled over to October and everything changed…

In the last two weeks, the aggregate net speculative positioning in futures in what are considered traditional risk-off assets – gold, 10-year Treasuries, and the VIX – surged by the most since Brexit…

 

 

 

 

 

More…

 

What did you say about global interest rates, Bill, in this Saturday’s one hour plus conference call for subscribers?

Courtesy of GG.

Jim

Dollar Libor at a 10-Year High Adds to Global Funding Headwinds
October 17, 2018

The global dollar benchmark rate that everyone loves to hate and which regulators have marked for extinction approached a 10-year high Wednesday, adding to strains on some emerging economies and U.S. companies alike.

The London interbank offered rate still serves as the basis for trillions of dollars in loans and floating-rate securities globally, even though its replacement is gaining traction. Steeper U.S. interbank borrowing costs risk rippling across developing economies by tightening financial conditions and forcing local-currency benchmarks higher. It’s a development that could heighten investor concern at a time when a rising dollar has sparked worries about emerging-market borrowers’ ability to repay loans in the greenback.

Three-month U.S. dollar Libor is now 2.4496 percent, the highest since November 2008. The main driver is that traders are pricing in further Federal Reserve tightening. Officials’ latest quarterly forecasts indicate another rate hike this year followed by three more in 2019.

More…

 

Do not just fugetaboutit! Thanks too GG for the heads up.

Jim

With EU Deadline Looming, Italy’s League Warns of Risks to Banks
October 21, 2018

Italy is due to answer the European Commission’s doubts about its budget plan following a warning from a government official in Rome that a widening bond yield spread may push some banks toward a recapitalization.

The Commission, in a bluntly worded letter last week, questioned the soundness of Italy’s expansive spending program for 2019. Commissioners Valdis Dombrovskis and Pierre Moscovici said the “significant deviation” needs a response by noon on Monday.

Investors have been closely watching the rift between Rome and Brussels, driving up Italian debt yields and widening the 10-year yield spread with German bunds. An increase in Italy’s bond-yield spread is a risk for domestic banks and is adding to tensions in the financial system, according to Cabinet Undersecretary Giancarlo Giorgetti.

More…

 

Jim,

You were the fist to state the early use of SWIFT was a mistake…

Dave

Foreign Banks Are Embracing Russia’s Alternative To SWIFT, Moscow Says
October 21, 2018

On Friday, one day after Russia and China pledged to reduce their reliance on the dollar by increasing the amount of bilateral trade conducted in rubles and yuan (a goal toward which much progress has already been made over the past three years), Russia’s Central Bank provided the latest update on Moscow’s alternative to US-dominated international payments network SWIFT.

Moscow started working on the project back in 2014, when international sanctions over Russia’s annexation of Crimea inspired fears that the country’s largest banks would soon be cut off from SWIFT which, though it’s based in Belgium and claims to be politically neutral, is effectively controlled by the US Treasury.

 

 

 

 

 

More…

 

Courtesy of JB.

Jim

 

 

 

 

 

 

 

Ack!

Contentious times such as these days are why universe provided aikido.

Keep one point.

Relax completely.

Keep weight underside.

Extend ki.

Express peace.

Clif

More…

 

Courtesy of Dave.

Jim

Putin Lays Down the Law at Valdai
October 19, 2018

Every year Russian President Vladimir Putin speaks at the Valdai Economic Forum. And each year his talk is important. Putin isn’t one to mince words on important issues.

With tensions between Russia and the West reaching Cold War levels, Valdai represented the first time we’ve heard Putin speak in a long-form discussion since Helsinki and the events thereafter — IL-20, Khashoggi, etc.

So, this talk is worth everyone’s time. And when I say everyone’s I mean every single person who could be affected by the breakdown of the U.S. political system and how that spills over onto Russia’s shores.

In other words, pretty much everyone on the planet.

Because what Putin did at Valdai was to lay down the new rules of conduct in geopolitical affairs. He put the U.S. and European oligarchs I call The Davos Crowd on notice.

More…

 

That control has been broken! Interesting!

GG

Gold Shorts Suffer Biggest Squeeze Since 1999 As Specs Abandon VIX-Selling Spree
October 21, 2018

Until the last couple of weeks, net speculative positioning in financial markets was all on one side of the boat with speculators are woefully unprepared for a major risk-off event, suggesting complacency had reached epidemic levels as equities broke out to new highs.

Then the calendar rolled over to October and everything changed…

In the last two weeks, the aggregate net speculative positioning in futures in what are considered traditional risk-off assets – gold, 10-year Treasuries, and the VIX – surged by the most since Brexit…

More…

 

What did you say about global interest rates, Bill, in this Saturday’s one hour plus conference call for subscribers?

Courtesy of GG.

Jim

Dollar Libor at a 10-Year High Adds to Global Funding Headwinds
October 17, 2018

The global dollar benchmark rate that everyone loves to hate and which regulators have marked for extinction approached a 10-year high Wednesday, adding to strains on some emerging economies and U.S. companies alike.

The London interbank offered rate still serves as the basis for trillions of dollars in loans and floating-rate securities globally, even though its replacement is gaining traction. Steeper U.S. interbank borrowing costs risk rippling across developing economies by tightening financial conditions and forcing local-currency benchmarks higher. It’s a development that could heighten investor concern at a time when a rising dollar has sparked worries about emerging-market borrowers’ ability to repay loans in the greenback.

Three-month U.S. dollar Libor is now 2.4496 percent, the highest since November 2008. The main driver is that traders are pricing in further Federal Reserve tightening. Officials’ latest quarterly forecasts indicate another rate hike this year followed by three more in 2019.

More…

 

Do not just fugetaboutit! Thanks too GG for the heads up.

Jim

With EU Deadline Looming, Italy’s League Warns of Risks to Banks
October 21, 2018

Italy is due to answer the European Commission’s doubts about its budget plan following a warning from a government official in Rome that a widening bond yield spread may push some banks toward a recapitalization.

The Commission, in a bluntly worded letter last week, questioned the soundness of Italy’s expansive spending program for 2019. Commissioners Valdis Dombrovskis and Pierre Moscovici said the “significant deviation” needs a response by noon on Monday.

Investors have been closely watching the rift between Rome and Brussels, driving up Italian debt yields and widening the 10-year yield spread with German bunds. An increase in Italy’s bond-yield spread is a risk for domestic banks and is adding to tensions in the financial system, according to Cabinet Undersecretary Giancarlo Giorgetti.

More…

 

Jim,

You were the fist to state the early use of SWIFT was a mistake…

Dave

Foreign Banks Are Embracing Russia’s Alternative To SWIFT, Moscow Says
October 21, 2018

On Friday, one day after Russia and China pledged to reduce their reliance on the dollar by increasing the amount of bilateral trade conducted in rubles and yuan (a goal toward which much progress has already been made over the past three years), Russia’s Central Bank provided the latest update on Moscow’s alternative to US-dominated international payments network SWIFT.

Moscow started working on the project back in 2014, when international sanctions over Russia’s annexation of Crimea inspired fears that the country’s largest banks would soon be cut off from SWIFT which, though it’s based in Belgium and claims to be politically neutral, is effectively controlled by the US Treasury.

More…

 

Courtesy of JB.

Jim

 

Ack!

Contentious times such as these days are why universe provided aikido.

Keep one point.

Relax completely.

Keep weight underside.

Extend ki.

Express peace.

Clif

More…

Posted at 7:06 PM (CST) by & filed under Jim's Mailbox.

Courtesy of Dave.

Jim

The Most Over-Hyped And Useless Tech In History?
October 16, 2018

With the value of Bitcoin having fallen by around 70% since its peak late last year, the mother of all bubbles has now gone bust. More generally, cryptocurrencies have entered a not-so-cryptic apocalypse. The value of leading coins such as Ether, EOS, Litecoin, and XRP have all fallen by over 80%, thousands of other digital currencies have plummeted by 90-99%, and the rest have been exposed as outright frauds. No one should be surprised by this: four out of five initial coin offerings (ICOs) were scams to begin with.

Faced with the public spectacle of a market bloodbath, boosters have fled to the last refuge of the crypto scoundrel: a defense of “blockchain,” the distributed-ledger software underpinning all cryptocurrencies. Blockchain has been heralded as a potential panacea for everything from poverty and famine to cancer. In fact, it is the most overhyped – and least useful – technology in human history.

In practice, blockchain is nothing more than a glorified spreadsheet. But it has also become the byword for a libertarian ideology that treats all governments, central banks, traditional financial institutions, and real-world currencies as evil concentrations of power that must be destroyed. Blockchain fundamentalists’ ideal world is one in which all economic activity and human interactions are subject to anarchist or libertarian decentralization. They would like the entirety of social and political life to end up on public ledgers that are supposedly “permissionless” (accessible to everyone) and “trustless” (not reliant on a credible intermediary such as a bank).

More…

 

You have a valid point here Larry!

Bill

Where were the left when four of our own were killed in Benghazi? Hillary and Obama were not to be heard from and the left is now going crazy about one man (Khashoggi) who is not even an American citizen is killed in Turkey. This is sick. What happened to their voices during Benghazi (2012)?

Larry

Khashoggi Mourners Demand Justice As Congress Urges Full US Investigation
October 20, 2018

Amidst international scorn for Saudi Arabia’s official explanation of the death of Jamal Khashoggi, friends and colleagues of the reporter on Saturday resumed their vigil outside the Saudi consulate in Istanbul, where he was killed two weeks ago.

They were there to mourn his death and demand those responsible be bought to “true justice”.

In the US, Saudi Arabia’s major ally, the Trump administration remained cautiously supportive of the Riyadh line. But political pressure was building. Republican Bob Corker, the chair of the powerful Senate foreign relations committee, doubted the Saudi version of events and said the US “must make its own independent, credible determination of responsibility for Khashoggi’s murder”.

More…

Posted at 10:04 PM (CST) by & filed under Jim's Mailbox.

Courtesy of JB.

Jim

Judicial Watch Files Bar Complaint Against Christine Blasey Ford’s Lawyers
October 19, 2018

(Washington, DC) – Judicial Watch announced today that it filed a complaint to the Board of Professional Responsibility of the District of Columbia Court of Appeals of Debra S. Katz, Lisa J. Banks, and Michael R. Bromwich for violating the rules of professional responsibility in their representation of Dr. Christine Blasey Ford before the U.S. Senate Judiciary Committee during the hearings on the nomination of the Honorable Brett Kavanaugh.

According to the Judicial Watch complaint, by not informing their client Dr. Ford that Sen. Chuck Grassley, Chairman of the Senate Judiciary Committee offered in a letter to “fly female staff investigators to meet Dr. Ford… in California, or anywhere else, to obtain (her) testimony,” Katz, Banks, and Bromwich violated the following District of Columbia Rules of Professional Conduct:

Rule l.4(a) – A lawyer shall keep a client reasonably informed about the status of a matter and promptly comply with reasonable requests for information.

Rule 1.4(b) – A lawyer shall explain a matter to the extent reasonably necessary to permit the client to make informed decisions regarding the representation.

More…

 

Too funny! Courtesy of JB.

Bill

 

 

 

 

 

 

 

 

Jim/Bill,

And another one joins the club.

CIGA Wolfgang Rech

Gold Reserves Surge 1,000% In Hungary As It Joins Poland, Russia, China and Other Central Banks Buying Gold
October 19, 2018

News, Commentary, Charts and Special Podcast on Direct Access Gold

Here is our Friday digest of the important news, commentary, charts and videos we were informed by this week including our special podcast on Direct Access Gold.

From our perspective, the most important developments were the IMF’s financial warnings and the escalation in central bank gold buying with Hungary increasing its gold reserves by a whopping 1,000% due to increasing “safety concerns.”

For the first time since 1986, Hungary’s central bank is buying gold bullion – a lot of gold bullion.

The Eastern-European country announced that it had boosted its gold reserves ten-fold, up to 31.5 tons. It not only dramatically increased its reserves but also repatriated the gold from the Bank of England to Budapest due to concerns about “financial stability”.

More…

 

Dated info on IMF.

JB

‘Winter Is Coming,’ IMF Told At Bali Summit
October 15, 2018

Indonesian President Joko “Jokowi” Widodo warned that “winter is coming”, borrowing an expression from the Emmy-winning television series Game of Thrones made by HBO from an adaptation of a series of novels written by George RR Martin.

He made this reference in front of a packed hall at the plenary session of the International Monetary Fund (IMF) and World Bank Annual Meetings in Nusa Dua, Bali, over the weekend.

“With all the problems that the global economy currently faces, it is appropriate to say that ‘winter is coming’,” Jokowi said.

He said weak coordination and cooperation, particularly on the part of developed countries, had resulted in additional uncertainty in the global economy, citing the drastic increase in the global oil price and turmoil in the financial markets of emerging markets as recent examples.

More…

 

Courtesy of JbB.

Jim

State Department Provided ‘Clearly False’ Statements To Derail Requests For Clinton Docs, ‘Shocked’ Federal Judge Says
October 17, 2018

In a combative exchange at a hearing Friday in Washington, D.C., a federal judge unabashedly accused career State Department officials of lying and signing “clearly false” affidavits to derail a series of lawsuits seeking information about former Secretary of State Hillary Clinton’s private email server and her handling of the 2012 terrorist attack on the U.S. Consulate in Benghazi, Libya.

U.S. District Court Judge Royce Lamberth also said he was “shocked” and “dumbfounded” when he learned that FBI had granted immunity to former Clinton chief of staff Cheryl Mills during its investigation into the use of Clinton’s server, according to a court transcript of his remarks.

“I had myself found that Cheryl Mills had committed perjury and lied under oath in a published opinion I had issued in a Judicial Watch case where I found her unworthy of belief, and I was quite shocked to find out she had been given immunity in — by the Justice Department in the Hillary Clinton email case,” Lamberth said during the hearing.

More…

Posted at 10:00 PM (CST) by & filed under Jim's Mailbox.

Courtesy of JB.

Jim

Judicial Watch Files Bar Complaint Against Christine Blasey Ford’s Lawyers
October 19, 2018

(Washington, DC) – Judicial Watch announced today that it filed a complaint to the Board of Professional Responsibility of the District of Columbia Court of Appeals of Debra S. Katz, Lisa J. Banks, and Michael R. Bromwich for violating the rules of professional responsibility in their representation of Dr. Christine Blasey Ford before the U.S. Senate Judiciary Committee during the hearings on the nomination of the Honorable Brett Kavanaugh.

According to the Judicial Watch complaint, by not informing their client Dr. Ford that Sen. Chuck Grassley, Chairman of the Senate Judiciary Committee offered in a letter to “fly female staff investigators to meet Dr. Ford… in California, or anywhere else, to obtain (her) testimony,” Katz, Banks, and Bromwich violated the following District of Columbia Rules of Professional Conduct:

Rule l.4(a) – A lawyer shall keep a client reasonably informed about the status of a matter and promptly comply with reasonable requests for information.

Rule 1.4(b) – A lawyer shall explain a matter to the extent reasonably necessary to permit the client to make informed decisions regarding the representation.

More…

 

Too funny! Courtesy of JB.

Bill

 

Jim/Bill,

And another one joins the club.

CIGA Wolfgang Rech

Gold Reserves Surge 1,000% In Hungary As It Joins Poland, Russia, China and Other Central Banks Buying Gold
October 19, 2018

News, Commentary, Charts and Special Podcast on Direct Access Gold

Here is our Friday digest of the important news, commentary, charts and videos we were informed by this week including our special podcast on Direct Access Gold.

From our perspective, the most important developments were the IMF’s financial warnings and the escalation in central bank gold buying with Hungary increasing its gold reserves by a whopping 1,000% due to increasing “safety concerns.”

For the first time since 1986, Hungary’s central bank is buying gold bullion – a lot of gold bullion.

The Eastern-European country announced that it had boosted its gold reserves ten-fold, up to 31.5 tons. It not only dramatically increased its reserves but also repatriated the gold from the Bank of England to Budapest due to concerns about “financial stability”.

More…

 

Dated info on IMF.

JB

‘Winter Is Coming,’ IMF Told At Bali Summit
October 15, 2018

Indonesian President Joko “Jokowi” Widodo warned that “winter is coming”, borrowing an expression from the Emmy-winning television series Game of Thrones made by HBO from an adaptation of a series of novels written by George RR Martin.

He made this reference in front of a packed hall at the plenary session of the International Monetary Fund (IMF) and World Bank Annual Meetings in Nusa Dua, Bali, over the weekend.

“With all the problems that the global economy currently faces, it is appropriate to say that ‘winter is coming’,” Jokowi said.

He said weak coordination and cooperation, particularly on the part of developed countries, had resulted in additional uncertainty in the global economy, citing the drastic increase in the global oil price and turmoil in the financial markets of emerging markets as recent examples.

More…

 

Courtesy of JB.

Jim

State Department Provided ‘Clearly False’ Statements To Derail Requests For Clinton Docs, ‘Shocked’ Federal Judge Says
October 17, 2018

In a combative exchange at a hearing Friday in Washington, D.C., a federal judge unabashedly accused career State Department officials of lying and signing “clearly false” affidavits to derail a series of lawsuits seeking information about former Secretary of State Hillary Clinton’s private email server and her handling of the 2012 terrorist attack on the U.S. Consulate in Benghazi, Libya.

U.S. District Court Judge Royce Lamberth also said he was “shocked” and “dumbfounded” when he learned that FBI had granted immunity to former Clinton chief of staff Cheryl Mills during its investigation into the use of Clinton’s server, according to a court transcript of his remarks.

“I had myself found that Cheryl Mills had committed perjury and lied under oath in a published opinion I had issued in a Judicial Watch case where I found her unworthy of belief, and I was quite shocked to find out she had been given immunity in — by the Justice Department in the Hillary Clinton email case,” Lamberth said during the hearing.

More…

Posted at 7:38 PM (CST) by & filed under General Editorial.

Dear CIGAs,

We have been experiencing technical issues on the site within the last week and wish to apologize for the lack of posts and technical assistance during this time.

Missed posts from this week will be posted and backdated. Thank you for your patience and continued support.

Best regards,

The JSMineset Team

Posted at 3:39 PM (CST) by & filed under Jim's Mailbox.



Courtesy of Dave.

Jim

Jamal Khashoggi: Where The Road to Damascus & The Path to 9/11 Converge
October 17, 2018

By Kristen Breitweiser, one of the four 9/11 widows – known as the “Jersey Girls” – instrumental in forcing the government to form the 9/11 Commission to investigate the 2001 attacks. Follow Kristen Breitweiser on Twitter: www.twitter.com/kdbreitweiser.

Road to Damascus Conversion: Derived from the Biblical story of Paul, the term “Damascus road conversion” is commonly used to refer to an abrupt about-face on a serious issue of religion, politics or philosophy. In this type of change, a single, dramatic event causes a person to become aligned with something he or she previously was against or support a position that he or she previously opposed. https://www.wisegeek.com/what-is-a-damascus-road-conversion.htm#didyouknowout

As a 9/11 widow who has spent the last 17 years fighting for accountability with regard to the 9/11 attacks that killed my husband and 3,000 others, I find the recent uproar over Jamal Khashoggi’s disappearance and alleged murder interesting and out of character for many of those decrying his disappearance and demanding an investigation and accountability.

More…

 

Courtesy of Dave.

Jim

Skripal and Khashoggi: A Tale of Two Disappearances
October 17, 2018

Two disappearances, and two very different responses from Western governments, which illustrates their rank hypocrisy.

When former Russian spy Sergei Skripal went missing in England earlier this year, there was almost immediate punitive action by the British government and its NATO allies against Moscow. By contrast, Western governments are straining with restraint towards Saudi Arabia over the more shocking and provable case of murdered journalist Jamal Khashoggi.

The outcry by Western governments and media over the Skripal affair was deafening and resulted in Britain, the US and some 28 other countries expelling dozens of Russian diplomats on the back of unsubstantiated British allegations that the Kremlin tried to assassinate an exiled spy with a deadly nerve agent. The Trump administration has further tightened sanctions citing the Skripal incident.

More…

 

From our friend Dave Kranzler.

Bill

Netflix’s Giant Ponzi Scheme
October 17, 2018

A colleague/friend asked today how I thought the “FANG saga” would end.  I replied that I don’t know about GOOG and FB, but AMZN is maybe worth $50/share as it burns cash every quarter despite manufacturing GAAP “net income” so it’s hard to tell for sure – it could be worth less.  NFLX is eventually going to have to restructure its debt, which means the equity is worth zero.

NFLX soared $50 after-hours today after it reported an earnings “beat” for its Q3.  But, per its statement of cash flows, NFLX’s operations burned $690 million for the quarter, 33% more than Q2 and nearly triple the operations cash burn in Q1.  For the first nine months of 2018, NFLX’s operations have incinerated $1.45 billion.   You can see the numbers here:  NFLX Q3 financial statements.  Note:  NFLX uses an unconventional method of reporting its financials, posting them to its website in a read-only spreadsheet format that makes it a pain in the ass to read and analyze the numbers.

How does NFLX manage to show positive net income yet burn hundreds of millions of dollars each quarter?  It’s the magic of GAAP accounting.  I did a detailed analysis for my Short Seller’s Journal subscribers last year.  Each quarter NFLX has to spend $100’s of millions on content.  Most companies like NFLX capitalize this cost and amortize 90% of the cost of this content over the first two years.   Amortizing the cost of content purchased is then expensed each quarter as part of cost of revenues.  Companies can play with the rate of amortization to lower the cost of revenues and thereby increase GAAP operating and net income.

More…

 

Poof or is it a lack of PROOF?

JB

 

 

 

 

 

 

 

Breaking the law is finally against the law.

JB

Former Minnesota FBI Agent Sentenced to 4 Years in Prison for Leaking Documents
October 18, 2018

Terry James Albury, a former FBI agent in Minnesota, was sentenced to four years in prison with an additional three years of supervised release on Thursday in U.S. District Court in Saint Paul.

Albury admitted that he leaked documents to a reporter from The Intercept, an online news publication.

He worked as an FBI Special Agent at the field office in Minneapolis at the time of the disclosure in 2016-2017. He was also working as a liaison with the Department of Customs and Border Protection at MSP International Airport during that same time period.

More…

 

Courtesy of GG.

Jim

Breaking: Yesterday’s Indicted Leakers Are Linked to Mueller Team Member ANDREW WEISSMANN and DOJ Fusion GPS Collaborator BRUCE OHR
October 18, 2018

The indictment of US Treasury officials yesterday is more important than first thought.  The individuals indicted have close ties to demoted DOJ lawyer Bruce Ohr and Mueller team corrupt attorney Andrew Weissmann!

On Tuesday, 40-year-old Natalie May Edwards, the senior advisor in the Treasury Department’s  Financial Crimes Enforcement Network, was arrested and criminally charged for leaking confidential financial documents relating to former Trump campaign manager Paul Manafort, the Russian embassy and accused Russian spy Maria Butina.

Ms. Edwards, who leaked the documents related to the Manafort case, was interviewed by Ronan Farrow six months ago. It now looks like that was an attempt by her to set herself up as a whistle blower rather than the leaker she is –

More…

 

Courtesy of JB.

Jim

Tom Fitton On CBN: 3.5 MILLION ‘Ghost Voters’ On Voter Rolls–‘That’s Where You Get Fraud’
October 18, 2018

More…