Posts Categorized: In The News

Posted by & filed under In The News.

 

 

 

 

 

 

 

Jim Sinclair’s Commentary

This is the lowest point in the history of governance of the USA. We can no longer lecture the developing world, calling them Banana Republics. We have gone so low as to discredit all the good we have ever done.

We have disgraced the sacrifice of all the heroes who gave their life for God , flag and country. Anyone with an IQ of ten can see the filthy hand of partisan politics at work. How do you feel? Will the system protect or destroy you, if your politics are not in line with the elite in the USA?

Why does the average person not scream at the garbage that is today’s world?

Another Delay Tactic: Dianne Feinstein is Now Demanding Dozens of Witnesses Testify Against Kavanaugh
September 18, 2018

Ranking Member of the Senate Judiciary Committee Dianne Feinstein is rejecting efforts by Chairman Chuck Grassley to hear from Christine Blasey Ford, the woman accusing Judge Brett Kavanaugh of sexual misconduct during high school, in an open hearing Monday.

“Chairman Grassley said today there would be only two witnesses invited to testify at the Kavanaugh hearing next week on sexual assault allegations. Compare that to the 22 witnesses at the 1991 Anita Hill hearing and it’s impossible to take this process seriously,” Feinstein released in a statement. “What about other witnesses like Kavanaugh’s friend Mark Judge? What about individuals who were previously told about the incident? What about experts who can speak to the effects of this kind of trauma on a victim? This is another attempt by Republicans to rush this nomination and not fully vet Judge Kavanaugh.”

Feinstein, who keeps releasing bombastic statements, has turned down a number of media interviews in recent days and has not spoken publicly about Ford’s accusation.

Grassley said during an interview with Salem Radio host Hugh Hewitt Tuesday morning that Ford, despite multiple attempts, has not responded to requests for testimony on Monday. Kavanaugh has accepted the invitation to testify.

More…

Gregg Jarrett: If Rod Rosenstein Defies Trump’s Order To Declassify Documents, He Should Be Fired
September 18, 2018

President Trump has ordered that numerous documents involving the Russia investigation be declassified.  The records have long been sought by Congress under lawful subpoenas.  Yet, the FBI and Department of Justice have consistently obstructed the release of these materials under the guise of “classified” secrets.  This is a convenient alibi all too frequently employed to cover-up wrongdoing and abuse of authority by those we entrust to uphold the law. 

These days, overzealous government officials automatically designate nearly all matters as national security risks, regardless of whether they truly are.

Whenever the FBI orders Chinese take-out, it is labeled “top secret” because… you know… it involves the Chinese.  False classification has reached absurd proportions.

How do we know?  Every time information is declassified we learn that the material should never have been classified to begin with.  It was nothing more than a subterfuge. Here are two recent examples:  

In July, a substantial portion of the wiretap warrant applications presented to the Foreign Intelligence Surveillance Court was declassified.  It turns out that no vital sources or methods were revealed in a way that jeopardized either national security or the FBI’s secret investigative techniques.  Instead, we learned that much of the application to spy on a Trump campaign associate, Carter Page, was based on an unverified “dossier” that was funded by Hillary Clinton’s campaign and composed by a British spy, Christopher Steele, who was fired by the FBI for lying.

More…

Trump Declassification Order Will Expose FBI’s “Insurance Policy” From Strzok-Page Text: Nunes
September 18, 2018

President Trump’s order to declassify a broad swath of DOJ/FBI documents related to the Russia investigation will expose the infamous “insurance policy” referred to in an August 15, 2016 text between former FBI employees Peter Strzok and Lisa Page, according to House Intelligence Committee Chairman Devin Nunes (R-CA).

“I want to believe the path you threw out for consideration in Andy’s office – that there’s no way he gets elected – but I’m afraid we can’t take the risk. It’s like an insurance policy in the unlikely event you die before you’re 40,” reads the text message in question – used by many in Trump’s camp to bolster claims that the Russia investigation is “rigged witch hunt.”

Speaking with Fox News’s Laura Ingraham, Nunes said that declassification will provide exculpatory evidence, including a dozen or so 302 witness interview forms from DOJ official Bruce Ohr which may shed light on his significant relationship with former MI6 spy Christopher Steele and “many other rotten apples.”

“A lot of people think that the insurance policy was getting the FISA warrant on [former Trump campaign aide] Carter Page,” Nunes told Ingraham, adding “We actually believe it was more explicit than that.”

More…

Jim Sinclair’s Commentary

If this is true then the embedded bureaucrat leftovers of USA governments past and present is no better than the Soviet Union was. What these documents may well result in damages of a terminal nature to current and ex-USA high government officials who are now playing their last non constitutional hands not to be revealed.

FBI, DOJ To Defy Trump Order; Redactions Planned As Top ‘Deep State’ Dems Demand Insubordination
September 19, 2018

Despite President Trump’s Monday order for the “immediate declassification” of sensitive materials related to the Russia investigation, “without redaction,” the agencies involved are planning to do so anyway, according to Bloomberg, citing three people familiar with the matter.

he Justice Department, FBI and Office of the Director of National Intelligence are going through a methodical review and can’t offer a timeline for finishing, said the people, who weren’t authorized to speak publicly about the sensitive matter. -Bloomberg

Trump ordered the DOJ to release the text messages of former FBI Director James Comey, his deputy Andrew McCabe, now-fired special agent Peter Strzok, former FBI attorney Lisa Page and twice-demoted DOJ official Bruce Ohr.

The agencies are likely to cite national security concerns over revealing classified “sources and methods” pertaining to the Russia investigation – which will put them in direct conflict with Trump’s order. Trump, as president, has the power to override the agencies and declassify material on his own.

Trump’s order to release the documents comes after months of requests from GOP lawmakers, while the DOJ has repeatedly denied their requests for more transparency.

Also ordered released are specific pages from the FBI’s FISA surveillance warrant application on former Trump campaign aide Carter Page, as well as interviews with Ohr.

The DOJ and the FBI are expected to submit proposed redactions to the Office of the Director of National Intelligence – which will prepare a package for Trump to sign off on.

“When the president issues such an order, it triggers a declassification review process that is conducted by various agencies within the intelligence community, in conjunction with the White House counsel, to seek to ensure the safety of America’s national security interests,” a Justice Department spokesman said in a statement. “The department and the Federal Bureau of Investigation are already working with the Director of National Intelligence to comply with the president’s order.”

More…

Posted by & filed under In The News.

 

 

 

 

 

 

 

Bill Holter’s Commentary

If in fact this is true, we have been very close to a coup for the last 18 months.  This is banana republic stuff if there ever was!

FBI Official: FBI Agents Threatened Physical Harm to President Trump In Missing FBI Texts & Other “Frightening” Communications
January 23, 2018

“This is much larger than just texts between two FBI agents.”

A high-ranking FBI official confirms a number of the missing 50,000 FBI text messages — as well as other text and email messages among FBI brass — reportedly discussed initiating physical harm to President Donald Trump.

The FBI official urged the U.S. Department of Homeland Security — which oversees the U.S. Secret Service  — to launch an investigation of the Justice Department, the FBI and all text messages missing and otherwise that threatened the President.

“This is dangerous territory and all FBI text messages and personal phones should be examined,” the official said. “It would reveal some frightening conversations.”

Did FBI brass discuss the assassination of President Donald Trump? If not, what was the nature of the threats against the president from inside the alleged premiere law enforcement agency in the United States?

“(Director) Wray wants a lid on this,” the FBI official said. “Many know there was talk of harming Trump politically but there is a group here (in D.C. HQ) that understands it goes deeper. We need a special counsel or Homeland Security. Somebody has to clean this up outside of DOJ. It is unacceptable.

More…

Posted by & filed under In The News.

Bill Holter’s Commentary

Is popcorn one of the items you stocked up on?  It’s almost showtime!

Trump Orders Declassification Of Surveillance Application, Release Of Comey Texts
September 17, 2018

President Donald Trump has moved to immediately release a tranche of former FBI Director James Comey’s text messages and declassify 20 pages of a surveillance application that targeted former campaign adviser Carter Page, his latest offensive against a Russia investigation that has ensnared associates and has consumed Trump’s attention for much of his presidency.

The breadth of the order came as a surprise and landed amid a full-court White House effort to shore up the Supreme Court nomination of Judge Brett Kavanaugh, as he defends himself against a sexual assault allegation. Trump demanded that the FBI produce 20 pages of the surveillance application — which Republicans on Capitol Hill have suggested would help show anti-Trump bias at the highest levels of the FBI.

Trump also called for the release of senior Justice Department official Bruce Ohr’s notes related to the Russia probe. Ohr was a key conduit to the FBI for information provided by Christopher Steele, a former British spy who investigated Trump’s relationship with Russia during the 2016 campaign and produced a dossier of damaging allegations — which Trump has derided as false.

More…

Bill Holter’s Commentary

Is popcorn one of the items you stocked up on?  It’s almost showtime!

Trump Orders Declassification Of Surveillance Application, Release Of Comey Texts
September 17, 2018

President Donald Trump has moved to immediately release a tranche of former FBI Director James Comey’s text messages and declassify 20 pages of a surveillance application that targeted former campaign adviser Carter Page, his latest offensive against a Russia investigation that has ensnared associates and has consumed Trump’s attention for much of his presidency.

The breadth of the order came as a surprise and landed amid a full-court White House effort to shore up the Supreme Court nomination of Judge Brett Kavanaugh, as he defends himself against a sexual assault allegation. Trump demanded that the FBI produce 20 pages of the surveillance application — which Republicans on Capitol Hill have suggested would help show anti-Trump bias at the highest levels of the FBI.

Trump also called for the release of senior Justice Department official Bruce Ohr’s notes related to the Russia probe. Ohr was a key conduit to the FBI for information provided by Christopher Steele, a former British spy who investigated Trump’s relationship with Russia during the 2016 campaign and produced a dossier of damaging allegations — which Trump has derided as false.

More…

Judicial Watch Statement on White House Release of Key Documents Relating to the Obama Justice Department and FBI Abuses in the 2016 Presidential Election
September 17, 2018

(Washington, DC) – Judicial Watch President Tom Fitton made the following statement regarding the release by the Trump White House of key documents relating to the Obama Justice Department and FBI abuses in the 2016 presidential election:

    We endorse this historic and courageous move by President Trump. We have numerous lawsuits pending for all of the documents he is now releasing. This is a major anti-corruption breakthrough that will do much to expose the outrageous abuses by the Obama Department of Justice and FBI. And it is a historic day for all Americans who believe in full transparency and the rule of law.

Below is a sound bite from Tom Fitton’s Weekly Update addressing the need for the release of the documents and the role Judicial Watch has played in exposing the corruption within the DOJ and FBI:

More…

Posted by & filed under In The News.

Jim Sinclair’s Commentary

Compliments of Momentum Structural Analysis www.olivermsa.com

“MSA looks at the market from a somewhat different point of view. Rather than focusing on price,

something that virtually everybody does, MSA tracks momentum, [revealing] trends that have been building for a long time, and have much more depth to them and staying power.”

– Wall Street Journal, December 25, 2015

Most recent momentum based forecast

Gold

Gold’s intermediate trend factors have already indicated that a recovery process is underway. We continue to monitor silver and GDX (see the following pages) for similar intermediate trend signals that will reinforce gold’s turning process.

We’ve turned to this longer-term gold oscillator for an additional sign of recovery.

We identified the parallel channel going back to early this year three weeks ago, and it’s been bumped repeatedly since, indicating that the channel is a valid technical feature.

If the October gold future can close out this week at or above $1203, then momentum will close above the channel top.

That should add further impetus to gold’s recovery and likely drive readings to next resistance (red lined), which is around $1260 in price-equivalent terms.

We’ve noted the green line in prior reports. It’s not an issue now, but if gold ever reaches $1315 to $1320 in the next few months, then that major line tracing back to 2016 will be broken above. That argues that gold’s price would in turn blow out its two-year highs that have more or less flat-lined around $1360.

Now to update trend shift numbers for silver and GDX.

Silver

The pivotal level for intermediate trend momentum is the red horizontal line. Repeated low weekly closes as well as some intraweek lows define that line, which was broken in July. Since then, two rallies back up to that level have been repelled.

Close out this week at or above $14.49 (September future), and action will close over that line and open the door for a sharp rally, probably to around $0.70 over the 10-wk. avg. before encountering the next meaningful resistance (grey horizontal line).

This upside trigger number adjusts down weekly such that next week (the 28th) a breakout would occur with a $14.30 weekly close. The September future expires on the 26th, so by the weekly close of the 28th, the December silver future will be the front month active contract. It’s now trading .10 above the September future.

Jim Sinclair’s Commentary

Enough is enough! Trump see this man is arrested and answers to his law breaking. If you don’t, you are not a promise keeper.

We Were Right! TGP Reported On Kerry’s Meeting With Iranians In Paris – His Spox Denied It — Now We Know It Was True
September 13, 2018

Barack Obama’s former Secretary of State, John Kerry was secretly meeting with Iranian officials to salvage Iran’s nuclear weapons program.

After the news broke last week, Rep. Devin Nunes (R-CA) the chairman of the House Intelligence Committee called on G-men to arrest John Kerry for his treasonous acts.

Kerry was working against the Trump administration to salvage the Iranian nuclear deal.

In May former Obama Secretary of State was seen dining with several Iranian regime officials.

More…

Posted by & filed under In The News.

Bill Holter’s Commentary

It is with great pleasure to post this for all those complaining there have been no arrests. Make no mistake, the swamp is in fact being drained!

OIG Audit Results That You Never Knew Occurred
August 31, 2018

OIG Semi-Annual Audit Results That You NEVER Knew Occurred.

This article is a series compiled by Lisa Evans Rockwell into the OIG Audits into a large variety of departments.  Each is broken down by individual audits and highlights of findings are provided.  Each comprehensive audit is included in link at end of each section.

Between October 1, 2017–March 31, 2018 something very interesting was happening.

The IG was AUDITING THE TREASURY!

This was a SEMI ANNUAL audit. There’s another one going on right now.

In the first audit, the work by the Office of Investigations resulted in 33 arrests, 35 indictments, and 21 convictions.  What else was in the Report the IG handed to Congress?

The United States MINT GOT AUDITED!

Financial Management: Audit of the United States Mint’s Schedules of Custodial Deep Storage Gold and Silver Reserves as of September 30, 2017 and 2016 (OIG-18-003, 10/24/2017

The GOLD RESERVES GOT AUDITED!

Financial Management: Audit of the Department of the Treasury’s Schedules of United States Gold Reserves Held by Federal Reserve Banks as of September 30, 2017 and 2016 (OIG-18-007, 10/31/2017)

That’s not all this Report tells us.

THE IG CAUGHT A LEAKER TOO.

“The complainant alleged that a senior staff member at a Treasury bureau may have released information regarding the existence of a DOJ and Treasury OIG investigation.”

Substantiated and Referred to DOJ for Prosecution

More…

Posted by & filed under In The News.

Bill Holter’s Commentary

This is hilarious, a girl from high school 40 years ago joins the #METOO movement now? Might I suggest the left is acting like they are in Jr. High School. As a side note, I shudder to think what might come out from my high school if I ever ran for office…!

Dianne Feinstein Withholding Brett Kavanaugh Document From Fellow Judiciary Committee Democrats
September 12 2018

Democrats on the Senate Judiciary Committee have privately requested to view a Brett Kavanaugh-related document in possession of the panel’s top Democrat, Dianne Feinstein, but the senior California senator has so far refused, according to multiple sources familiar with the situation.

The specific content of the document, which is a letter from a California constituent, is unclear, but Feinstein’s refusal to share the letter has created tension on the committee, particularly after Feinstein largely took a back seat to her more junior colleagues last week, as they took over Kavanaugh’s confirmation hearings with protests around access to documents.

The letter took a circuitous route to Feinstein, the top-ranking Democrat on the Judiciary Committee. It purportedly describes an incident that was relayed to someone affiliated with Stanford University, who authored the letter and sent it to Rep. Anna Eshoo, a Democrat who represents the area.

Different sources provided different accounts of the contents of the letter, and some of the sources said they themselves had heard different versions, but the one consistent theme was that it describes an incident involving Kavanaugh and a woman while they were in high school.  Kept hidden, the letter is beginning to take on a life of its own.

More…

Posted by & filed under In The News.

Jim Sinclair’s Commentary

You think the problem is limited to the Western world?

Bill Holter’s Commentary

I don’t even know what to say about this one? How about…it takes one to know one?

Pope Francis Compares Vatican Whistleblower to Satan
September 11, 2018

Satan, the “Great Accuser,” has been unleashed against the bishops of the Church, Pope Francis said Tuesday, in a thinly veiled reference to the former Vatican nuncio to the United States.

The former nuncio, Archbishop Carlo Maria Viganò, recently accused a number of prelates of dereliction of duty in dealing with clerical sex abuse and claimed that the pope had rehabilitated serial abuser Cardinal Theodore McCarrick, elevating him to a position of influence despite knowledge of his misdeeds.

In an 11-page testimony published on August 25, Viganò alleged that he had personally informed Pope Francis in 2013 of the serial homosexual abuse perpetrated by Cardinal McCarrick, along with sanctions imposed on his ministry by Pope Benedict XVI, and yet the pope lifted those sanctions and involved McCarrick in the naming of future bishops.

“The Great Accuser, as he himself tells God in the first chapter of the Book of Job, roams around the earth looking for someone to accuse,” Francis said in his morning homily at Mass in the chapel of the Santa Marta residence in the Vatican.

More…

Jim Sinclair’s Commentary

Every step forward for the Yuan is a step backwards for the dollar. The only positive dollar item is the Synthetic Dollar Short. That has no meaningful legs.

Russia’s Wealth Fund Boosting Ruble-Yuan Trade With China To Substitute US Dollar
September 12, 2018

 Moscow and Beijing are increasing the share of trade in local currencies, Russian Direct Investment Fund (RDIF) head Kirill Dmitriev said on Wednesday at the Eastern Economic Forum (EEF) in Vladivostok.

“The first deals will be [conducted in national currencies] in the beginning of the next year. We have an agreement with the China Development Bank on a large fund in Chinese yuan worth $10 billion,” Dmitriev said.

The two countries are seeking to reduce the share of US dollars in trade. Russia and China expect trade to hit $100 billion this year, with prospects of reaching $200 billion in the mid-term.

“Recently, we have launched a regional fund in Chinese yuan jointly with the Heilongjiang province. It has already started examining projects and we expect [the] first investment in the near future,” Dmitriev added.

China is Russia’s largest trading partner, accounting for 15 percent of Russian international trade last year. Bilateral trade increased by 31.5 percent in 2017, reaching $87 billion.

According to the Russian Central Bank, both Russian and Chinese companies are willing to pay in ruble and renminbi, and this can be backed by real numbers. Last year, nine percent of payments for supplies from Russia to China were made in rubles, the regulator told RT in June.

More…

Jim Sinclair’s Commentary

The third world war is economic and is on now.

America’s $20 Trillion Debt Makes US Dollar A Risky Asset – Putin
September 12, 2018

There is a global trend among countries reducing the share of the dollar in international settlements, Russian President Vladimir Putin said at the Eastern Economic Forum in Vladivostok.

“Given what we are facing when paying in dollars, more and more countries have the desire to trade in their national currencies,” Putin said Wednesday.

“Moreover, it is right for financial sustainability to develop bilateral trade in national currencies. We will move towards this gradually,” he added.

The Russian president noted that there are risks in settlements in national currencies, but they could be minimized. “Risks exist everywhere and they need to be minimized, and in order to minimize them diversification is required.”

According to Putin, the US dollar is also a risky financial tool. “US foreign debt amounts to $20 trillion. What will be next? Who knows?”

Putin added that Russia is diversifying its foreign reserves and public debt. “All this creates the stability of our financial system,” he said.

Russia has been dumping US debt securities in recent months. The latest data from the US Treasury shows that Russia’s share hit an 11-year minimum and totaled only $14.9 billion. Russia held $96.1 billion in US Treasuries in March. In 2010, Russia was among the top 10 holders of US Treasuries at $176.3 billion.

Meanwhile, Russia’s gold holdings have been steadily increasing, bringing its share of the precious metal to its highest level in nearly two decades – almost 2,200 tons.

More…

Jim Sinclair’s Commentary

I guess India’s politicians dropped the idea of raiding the “Golden Temple” in order not to start a war with their citizens.

India Getting Rid Of US Treasury Securities And Buying Gold
September 6, 2018

 The world’s second biggest gold consumer continues to replenish its bullion reserves, a Reserve Bank of India (RBI) report shows. At the same time, New Delhi is slowly but surely reducing its share of US debt bonds.

The annual report from the Indian financial regulator reveals that the country followed other BRICS partners in adding physical gold to its foreign exchange reserves. The RBI reportedly bought 8.46 metric tons of gold during the last fiscal year ending in March.

As of the end of June, the country’s central bank held 566.23 metric tons of gold against 557.77 metric tons a year ago. The RBI purchased gold for the first time in nearly a decade. The regulator acquired 200 metric tons of the precious metal in 2009 shortly after the global financial crisis.

According to the RBI, India’s international reserves rose by five percent from June 2017 to June 2018 in comparison to the 6.3 percent growth seen in the same period in the previous year.

“Diversification of India’s Foreign Currency Assets continued during the year with attention being ascribed to risk management, including cybersecurity risk. The gold portfolio has also been activated,” the report added.

More…

Posted by & filed under In The News.

“The Race To The Top”: How The Fed Unleashed A Global Liquidity
September 11, 2018

Following a lament by Urjit Patel, the head of the Reserve Bank of India, who three months ago predicted (correctly) that the Fed’s tightening coupled with the shrinking of its balance sheet and the ramp up in Treasury issuance would result in a dollar liquidity shortage and that “a crisis in the rest of the dollar bond markets is inevitable” unless something changed, we showed how shrinking liquidity as a result of Quantitative Tightening had emerged as the main culprit for the turmoil and “rolling bear markets” that have hit the rest of the world, courtesy of the following chart from Nedbank.

 

 

 

 

 

 

 

 

More…