Posts Categorized: In The News

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Bill Holter’s Commentary

We began telling JSMineset readers about this anomaly since last Oct.…

Simon Black On The Most Interesting Way To Buy Gold Today
May 29, 2018

[Editor’s note: In today’s Notes from the Field, I want to share an excerpt from our premium intelligence – Sovereign Man: Confidential. We recently spoke with one of the world’s top gold experts. And he shared a specific gold investment that’s trading near historical lows and is one of the best ways to buy gold today, in my mind. I doubt you’ll hear about this anywhere else. Read on for the details…]

The beauty, value and heft of a gold coin in your hand is a real pleasure, and it holds real value. I’ve got a fair number of them in my home safe. They’re immediately accessible, valuable and liquid. If I have to, I can quickly turn them into cash.

There are two general types of gold coins – bullion and numismatics.

Bullion coins are the most well-known in the market– US Eagles, Canadian Maple Leafs, etc. These coins are valued almost exclusively on their gold content. For example, a one-troy-ounce Canadian Maple Leaf gold coin typically sells for very close to the spot price of gold… you pay a little more for the workmanship that went into creating the coin and a small premium to the dealer for his services. (A troy ounce, which likely derives its name from the Troyes market in France, is equal to 31.103 4768 grams, or about 1.0971 regular ounces.)

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Bill Holter’s Commentary

Is Q real, or a psyop? While not positive, quite a bit of what has been posted past does seem to have merit. As mentioned in our calls, we should know an awful lot by mid July.

Qanon Is A Psyop Designed To Mislead Trump Supporters And Divide Alternative News Readers
May 23, 2018

The Alternative News Media community is deeply divided at this time, and I find it extremely sad that this division has occurred due to a PsyOp from within.  Most of you are familiar with the QAnon movement consisting of true Patriots, who have been led by QAnon the Pied Piper.

The YouTube community became totally fixated on the false prophet, QAnon.  I cannot begin to count the number of YouTubers, who reported on each “drop” of information the fake entity revealed.

He/she/them made endless errors, such as Hillary Clinton had been arrested and was wearing an ankle monitor, and it became gospel which should not be questioned.

If one did question the gospel of Q, one was immediately attacked – this I know for a fact.  It was plainly not acceptable to question Q. Follow the “plan,” do not question or doubt, and have “faith.”

Errors could always be explained, if you asked the QAnon believers. There was always a reason if Q ended up being wrong, and the reason was never Q’s fault.  Just do not question the “plan.”

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Bill Holter’s Commentary

Distribution in Brazil has been disrupted by spiking fuel prices…wait and see what happens to global distribution when the credit spigot gets turned off! Ask yourself, how long could you and your family go without going to a grocery store?

Brazilian Military Deployed To Break Up Trucking Strike As State Of Emergency Worsens
May 26, 2018

A nationwide trucking strike in Brazil entered day six on Saturday, as blocked roads have prevented critical food and supplies from reaching their destinations.

The protests, triggered by a 50% spike in fuel prices over the last year, have resulted in the declaration of a state of emergency across most major cities as shelves run bare and fuel supplies dwindle. Airports have reported running out of fuel, hospitals are running out of supplies, and public transport and trash collection have been reduced or halted across the country. Some food prices have also spiked as supplies dwindle. As we noted on Friday, a lack of livestock feed threatens a billion chickens and 20 million pigs who may starve to death.

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Bill Holter’s Commentary

We were warned well over 30 years ago…look around you, he told the truth!

KGB Defector Yuri Bezmenov’s Warning To America
May 26, 2018

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Jim Sinclair’s Commentary

It is all about technology in the next conflict of size.

Russia Quietly Conducted The World’s Longest Surface-To-Air Missile Test
May 24, 2018

Russia quietly conducted the world’s longest surface-to-air missile test, according to sources with direct knowledge of U.S. intelligence concerning the weapons program.

The S-500 surface-to-air missile system successfully struck a target 299 miles away, which the U.S. assessed is 50 miles further than any known test, said the sources, who spoke to CNBC on the condition of anonymity.

Russia claims that the ground-based missile system is capable of intercepting hypersonic missiles, drones and aircraft as well as stealth warplanes like the F-22 and the F-35. The S-500 system would expand the Kremlin’s capabilities to engage multiple targets with precision strikes.

Russia also claims the system has a range capable of destroying objects flying at near-space ranges or 62 miles above the Earth’s surface.

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You Think It’s All About Guns?
May 21, 2018

Is it possible that we Americans only pretend not to notice the conditions that produce an epidemic of school shootings, or is the public just too dumbed-down to connect the dots?

Look at the schools themselves. We called them “facilities” because they hardly qualify as buildings: sprawling, one-story, tilt-up, flat-roofed boxes isolated among the parking lagoons out on the six-lane highway strip, disconnected from anything civic, isolated archipelagoes where inchoate teenage emotion festers and rules while the few adults on the scene are regarded as impotent clowns representing a bewildering clown culture wrapped in a Potemkin economy that has nothing to offer young people except a lifetime of debt and “bullshit jobs” — to borrow a phrase from David Graeber.

The world of teens has been exquisitely engineered to steal every opportunity for colonizing the chemical reward centers of their brains to provoke endorphin hits, especially the cell-phone realm of social media, which is almost entirely about status competition, much of which revolves around the wild hormonal promptings of teen sexual development — at the same time they are bombarded with commercial messages designed to prey on their fantasies, longings, and perceived inadequacies. All of this produces immersive and incessant melodrama along with untold grievance, envy, frustration, confusion, and rage. And, of course, where the cell-phone universe leaves off, the world of video games begins, so that boys (especially) get to act-out in “play” the extermination of their competitors and foes.

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Faking GDP Growth: In The US And Elsewhere
May 25, 2018

Structural factors make low economic growth a virtual certainty in the US and most other developed countries. But that doesn’t stop governments from trying to fake GDP growth. There’s no way out of the quagmire, so governments will continue to borrow and spend…until the end.

Unless you’ve been living in a cave, it should be no surprise to you that the world’s centres of economic wealth and power are rapidly shifting. Old powers are finding themselves squeezed off the world stage, as new powers make their grand entrances.

In the case of the US, its share of the global economy peaked some time around 1950. That was due both to US economic strength, but also the devastation left in Europe and Asia after the second world war.

On the other hand, by my reckoning, US geopolitical power reached its zenith much later, in the early 1990s. That was right after the Soviet Union fell apart…when Russia was an economic basket case…before the EU started its big expansion…just as Japan’s economic bubble started to implode…and when China still had a relatively small economy.

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US has largest debt in world history, dollar to lose status as No.1 currency – Jim Rogers
May 24, 2018

 The US dollar is becoming less appealing for investors as American debt continues to soar and the greenback is printed to cover it, investor Jim Rogers said at the St. Petersburg International Economic Forum (SPIEF).“Dollar is going to be higher than now because the turmoil is coming. Then, it is going to be overpriced and people will look around and say, ‘America’s got the largest debt in the history of the world. It’s printing money as fast as it can,’” the investor said.

People will look at what Brazil, Russia, China, India, Iran and other developing countries are doing, Rogers said. “They are forming a competing currency right now,” he added. So, the dollar alternative will come from the countries that “have been bossed by the US, and they don’t like it, but have enough power to do something about it.”

The American currency will lose the status of main reserve currency much sooner than 2030, Rogers said at the Valdai Club’s discussion session, held as part of SPIEF.

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US And Israel Holding Global Economy Hostage in Showdown With Iran
May 22, 2018

For decades now the US and Israel have waged regime change across the Middle East and North Africa. In the chaos that ensued Iran underwent a transformation that naturally expanded its influence. Now, upset with the consequences of their actions, the US and Israel have a new plan: take the global economy hostage in order to force Iran to abandon that influence. As usual, Russia is doing its best to manage the West’s insanity while maintaining course for a more sane future.

On May 1, 2018, hours after Netanyahu issued his bizarre ‘Iran lied’ powerpoint presentation, and a week before Trump ditched the Iran deal, Netanyahu and Putin had a phone conversation. During this chat Putin stressed the deal’s importance for international stability, reiterating that it must be “strictly observed by all parties.” Not one who’s prone to taking ‘international stability’ into account, Netanyahu had other ideas.

A week later, Trump announced that the US was backing out of the Iran deal, which effectively meant increasing instead of decreasing its economic stranglehold on the country. Speaking to the Heritage Foundation, Secretary of State Pompeo stated that these will be the “strongest sanctions in history,” and that the US will “apply unprecedented financial pressure on the Iranian regime”. It is now clear why Merkel and Macron were so desperate to talk Trump out of this decision.

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U.S. Launches Criminal Probe into Bitcoin Price Manipulation

May 24, 2018

The Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, dramatically ratcheting up U.S. scrutiny of red-hot markets that critics say are rife with misconduct, according to four people familiar with the matter.

The investigation is focused on illegal practices that can influence prices — such as spoofing, or flooding the market with fake orders to trick other traders into buying or selling, said the people, who asked not to be identified because the review is private. Federal prosecutors are working with the Commodity Futures Trading Commission, a financial regulator that oversees derivatives tied to Bitcoin, the people said.

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Bill Holter’s Commentary

Get a load of this, CNN hires Valerie Jarret’s daughter to cover the DOJ in the fall of 2016…this will make your blood boil!

Secret FBI Team That Coordinated Set-Up of Trump Was Pressured by CNN – Guess Who Was CNN DOJ Reporter at the Time?
May 22, 2018

On Monday Senator Ron Johnson (R-WI) sent a letter to the FBI Director regarding phony Steele Russia dossier.

Explosive new e-mails show FBI brass discussed dossier briefing details with CNN.

Senator Johnson accused the FBI of having a “sensitive matter team” as reference by FBI Chief of Staff Jim Rybicki in an January 6, 2017 email to unspecified recipients.

Senator Johnson outlined the time line of events and communications between FBI officials, President-elect Trump and CNN.

  1. January 6, 2017, 9:44 a.m. FBI Chief of Staff James Rybicki sent an email to unspecified recipients stating, “the director is coming into HQ briefly now for an update from the sensitive matter team.
  2. January 6, 2017, afternoon. Director Comey met with President-elect Trump.
  3. January 7, 2017. Director Comey memorialized his discussion with President-elect Trump via an email to senior FBI leadership. Director Comey wrote, “I said there was something that Clapper wanted me to speak to PE [President Elect] about alone or in a very small group.” Director Comey wrote, “I then executed the sessions exactly as I had planned,” and “I said media like CNN had them and were looking for a news hook.”

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Bill Holter’s Commentary

They are either serious about this or our country as we once knew it is gone forever…

 

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Bill Holter’s Commentary

No telling “what” will be the straw that breaks the camel’s back …we do know it will be “something”…

Breaking: E-mails Show FBI Brass Discussed Dossier Briefing Details With CNN
May 21, 2018

Newly revealed e-mails show that former Federal Bureau Investigation (FBI) deputy director Andrew McCabe was keenly aware of CNN’s internal understanding of a secret briefing about the infamous Steele dossier, days before CNN published any stories on the matter. The e-mails, which were obtained by Sen. Ron Johnson (R-Wisc.), also reveal that top officials used coded language to refer to the salacious and unverified allegations made by Steele.

Former FBI director James Comey briefed then-President-Elect Donald Trump on January 6, 2017, on at least one unproven allegation contained in Steele’s dossier, which was jointly funded by the Hillary Clinton campaign and the Democratic National Committee. CNN broke the story about the dossier briefing on January 10, 2017, touching off a firestorm of hysteria that culminated in not just the firing of Comey by Trump, but the eventual appointment of Department of Justice (DOJ) special counsel Robert Mueller.

Comey claimed that he was compelled to brief Trump on the dossier because “CNN had [it]” and was “looking for a news hook.”

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Bill Holter’s Commentary

How about not paying players for the game if kneel during the anthem?  If the NFL did this, I would consider watching next season…

NFL’s Proposed National Anthem Rules: Penalties for Kneeling Being Considered
May 22, 2018

ATLANTA — On Tuesday, NFL owners put three hours aside for a privileged session to speak—amongst themselves and family members—about the most sensitive of topics.

One was how the league will handle players kneeling during the national anthem going forward. An idea being floated in the room goes like this: It would be up to the home team on whether both teams come out of the locker room for the anthem, and, should teams come out, 15-yard penalties could be assessed for kneeling.

The league is currently being sued by Colin Kaepernick and Eric Reid, with the two unsigned free agents alleging that NFL teams colluded to keep them unemployed. Kaepernick was the first NFL player to kneel during the national anthem, to protest police brutality, starting a trend that swept across the league in 2016 and ’17.

The NFL addressed the anthem issue at its meetings in October and March, with plans to further discuss it at this meeting. The league also met with the Players Coalition in October, and agreed to a seven-year, $89 million social-justice partnership.

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Bill Holter’s Commentary

They just figured his out?…Jim has spoken of this on our weekly call too many times to count!

An Unexpected Warning From Goldman Sachs: “Something Is Not Quite Right”
May 22, 2018

It was just over 9 years ago today when we wrote  “The Incredibly Shrinking Market Liquidity, Or The Upcoming Black Swan Of Black Swans” in which we explained how as a result of the growing influence of HFT, quants and central banks, the market itself was breaking. We also highlighted what the culmination of the market’s “breakage” could look like:

    liquidity disruptions could and will lead to unexpected market aberrations, such as exorbitant bid/ask margins, inability to unwind large block positions, and last but not least, explosive volatility: in essence a recreation of the market conditions approximating the days of August 2007, and the days post the Lehman collapse…

We even laid out some possible catalysts for a possible market crash: “continued deleveraging in quant funds, significant pre-market volatility swings as quants rebalance their end of day positions, increasing program trading on decreasing relative overall trading volumes.”

We saw all of the above elements briefly come together when on February 5 the market finally did break in one spam of exploding volatility, as its topology was torn apart by various, disparate elements, resulting in virtually all of the above materializing, if only for a short time, and blowing up the VIX, which soared by the most on record, rising from the lower teens to above 50 in the span of hours, while bankrupting countless vol sellers.

Since then, the same elements that coalesced in 2017 to pressure and keep the VIX at its lowest level in history  reemerged, and the “selling of volatility” once again reappeared as a dominant trading strategy, but not before Goldman Sachs wrote a report in March in which it echoed everything that we warned about over 9 years ago, and which increasingly many have said in the past decade, namely that the advent of algo trading and HFTs have collapsed market liquidity to the point where the market itself has become precariously brittle, prompting increasingly frequent flash crashes, and leading Goldman to conclude that, when it comes to market risk factors, “liquidity is the new  leverage” in a world in which HFTs are the marginal price setters:

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Greyerz – 10s Of Millions Are Already Struggling To Survive In The US But This Is The Scary Part
May 20, 2018

As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies, told King World News that tens of millions are already struggling to survive in the US, but this is the really scary part.

51 Million Households In Trouble

May 20 (King World News) – Egon von Greyerz:  “There are 51 million American households that cannot make ends meet. This means that 43% of American households can’t afford a basic middle class life. Of these, 35 million are dubbed ALICE which stands for Asset Limited, Income Constrained, Employed with a further 16 million households living in poverty…

Struggling To Survive

Egon von Greyerz continues:  “It is absolutely remarkable that in the world’s biggest and “richest” country, just under 50% of the households are struggling to afford a basic middle class life and that 50 million people live in poverty. And this is after decades of prosperity and economic growth. What this proves is that the average person in the US is seeing no prosperity at all. All the official figures of employment, production, growth, GDP, etc, are just humbug. They are fake data which is completely misleading and paints a totally false picture. The official unemployment figure is 4% but the real figure is 22%. There are 95 million Americans capable of working who are not in the labour force.

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Jim Sinclair’s Commentary

And the definition of a paid Informant is in the intelligence industry = secret agent, certainly not NOC.

FBI Informant Stefan Halper Paid Over $1 Million By Obama Admin; Spied On Trump Aide After Election
May 21, 2018

Less than a week after Stefan Halper was outed as the FBI informant who infiltrated the Trump campaign, public records reveal that the 73-year-old Oxford University professor and former U.S. government official was paid handsomely by the Obama administration starting in 2012 for various research projects.

A longtime CIA and FBI asset who once reportedly ran a spy-operation on the Jimmy Carter administration, Halper was enlisted by the FBI to spy on several Trump campaign aides during the 2016 U.S. election. Meanwhile, a search of public records reveals that between 2012 and 2018, Halper received a total of $1,058,161 from the Department of Defense.

Halper’s contracts were funded through four annual awards paid directly out of the Pentagon’s Office of Net Assessment (ONA). Established as the DoD’s “internal think tank” in 1973 by Richard Nixon (whose administration Halper worked for), the ONA was run by foreign policy strategist Andrew Marshall from its inception until his 2015 retirement at the age of 93, after which he was succeeded by current director James H. Baker.

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Jim Sinclair’s Commentary

Fibbers everywhere!

– Benchmark Revisions Knocked Off Roughly Two-Percent Real Growth from Manufacturers’ Shipments and Related Economic Activity Since 2015
– Monthly Gains of 0.7% in Both March and April 2018 Industrial Production Were a Decline of 0.1% (-0.1%) and a Gain of 0.1%, Net of Prior Months’ Revisions
– First-Quarter Industrial Production and Manufacturing Revised Sharply Lower: Production Now 0.43% (-0.43%) Below Fourth-Quarter 2014 Peak (Previously Recovered); First-Quarter Manufacturing Now 6.07% (-6.07%) Below Its Pre-Recession Peak
– April Manufacturing Hit a Record 124 Months of Economic Non-Expansion
– April Freight Index Rose to a Post-Recession High, With Strong Annual Growth, Albeit Off Peak, with Activity Still Shy by 6.65% (-6.65%) of a Full Recovery
– April Real Retail Sales Gained 0.08% in the Month, 2.20% Year-to-Year, With Likely Major Downside Benchmark Revisions Looming on May 25th
– Despite Upside Revisions to February and March Real Retail Sales, the Somewhat-Narrowed First-Quarter Contraction of 2.05% (-2.05%) Still Was Deepest Since the 2009 Depths of the Great Recession
– Given No Apparent Improvement in Reporting Quality, Annual Revisions to Nonsensically-Volatile Housing Starts Were Nil; Inconsistent Building Permits Revised Higher by 2.1% Only in 2017
– Starts and Permits Continued in Low Level, Non-Recovering Stagnation, Still Down by 43.4% (-43.4%) and 40.3% (-40.3%) from Pre-Recession Highs

“No. 950: April Retail Sales, Industrial Production, Housing Starts, Freight and Benchmark Revisions”

www.shadowstats.com

Bill Holter’s Commentary

As mentioned yesterday, make sure your supply of popcorn is sufficient!