Posted at 12:07 PM (CST) by & filed under Jim's Mailbox.

Don’t these people make you sick to your stomach? They are all one of a kind. We need a 1789 revolution with the guillotine!

GG

Harvey Weinstein Law Firm Gave Cuomo $25K Within Weeks Of Sex Probe Suspension
August 9, 2018

One year after Manhattan District Attorney Cyrus Vance Jr. was embroiled in a scandal for accepting $10,000 from Harvey Weinstein’s lawyer after he declined to prosecute sexual assault charges, the same lawyer, David Boies, gave $25,000 to the campaign of New York Governor Andrew “America was never that great” Cuomo, according to state records reviewed by Capital & Main and Sludge.

While Vance in May opted to reverse course and charge the Hollywood producer, Cuomo declared that an investigation into Vance’s original decision to not prosecute Weinstein was necessary because, the governor said, “it is critical not only that these cases are given the utmost attention but also that there is public confidence in the handling of these cases.”

However, BuzzFeed on Tuesday reported that Cuomo reversed himself in June, sending a letter to New York Attorney General Barbara Underwood asking her to suspend the investigation for six months. The suspension effectively shields Boies from scrutiny of any potential relationship between his 2015 donation to Vance and Vance’s decision not to prosecute Weinstein. -Capital & Main

Cuomo’s June order came within weeks of the $25,000 donation to his reelection campaign, according to New York campaign finance records – approximately 10% of the $245,000 Boies and his firm have donated to Cuomo’s campaigns since 2009.

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You are absolutely correct GG.

Bill

‘Next Move Better Be By The FBI & DOJ’: Trump Warns Justice To Investigate Chinese ‘Hacking’ Of Hillary’s Private Email Server Or Else ‘Its Credibility Will Be Forever Gone’
August 29, 2018

In a late-night tweet, President Donald Trump has called on the Department of Justice and FBI to investigate claims that the Chinese government hacked Hillary Clinton’s infamous private email server.

‘Hillary Clinton’s Emails, many of which are Classified Information, got hacked by China,’ Trump tweeted shortly after midnight, referring to the claim made earlier Tuesday in a Daily Caller report.

‘Next move better be by the FBI & DOJ or, after all of their other missteps (Comey, McCabe, Strzok, Page, Ohr, FISA, Dirty Dossier etc.), their credibility will be forever gone!’ the President continued, referring to a list of his familiar grievances with DOJ.

The report claimed that a Chinese company known to conduct government espionage was able to insert code into Clinton’s homebrew server, and managed to forward her emails to a third party in real time.

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Interesting questions from CIGA Weston.

Jim

Dear Mr. Sinclair,

I read you article on Silverdoctors.com “MOPE has failed”.

The Rarest Commodity in this World is Truth. You and Bill are the few voices of Truth. Below is an email I’ve sent to Investors and Fund Managers.

The Central Banks have distorted the Markets, which has put a veil on the true economic reality.  The Corporations have purchased $5.1 Trillion ins Stock Buy Backs and Engineered Accounting to show profits when their revenues have been declining. The Government’s economic data is also manipulated to create an illusion that the US Economy is great.

My mission is to warn retail investors and Fund Managers to help them preserve their wealth from the coming collapse. I understand our human nature is to rely on Normalcy Bias.  “The normalcy bias, is a belief people hold when facing a disaster. It causes people to underestimate both the likelihood of a disaster and its possible effects, because people believe that things will always function the way things normally have functioned.”

I hope you keep a open heart and mind when reading this email.

I had an epiphany that the economic fundamentals no longer apply, because any asset price can be manipulated using the Derivatives Market. It has inspired me to create a blog to warn investors. The Watchman Letter: https://steemit.com/@skipweston. The title comes from Ezekiel 33 in the Bible.

below are some questions from my blog.

In the 2008 Market Crash my 401k Portfolio lost 46% of its value. I promised myself that I would learn everything about Macro Economics and how the system works to protect my family’s financial future. In 2012 I had come to a realization that the global financial system is going to collapse. When Brexit occurred the Central Banks and US Treasury were able to save the day by injecting billions into the system using shadow banking.

After Brexit the Central Banks change their policies of purchasing not only their own Bonds through QE but also other assets. The ECB began purchasing Corporate Bonds and ETF’s for the first time. This was a breach of their monetary authority. The Central Banks only authority is monetary policy and Sovereign Bond Interest Rates. No one is questioning this over reach because the Government and Media are covering up the fact that the economy is not growing. The real 10 year average of the GDP is the same as the post Great Depression GDP under 2%.

 

Questions:

 

Why did Morgan Stanley receive 7 Trillion in US Treasury Interest bearing Credit Swaps between 2009 to 2010?

Why did the FED Bailout the Wall street Banks and Deutsche Bank in 2008?

Why did the FED purchase 4.5 Trillion in assets/ toxic mortgages for the first time in its history?

Why has JP Morgan Chase accumulated 750 million ounces of Silver since 2011?

In 2016 why did the ECB start purchasing corporate bonds and ETF’s?

Why is Deutsche Bank’s real value -480 Billion, yet it still exists?

Why is the 275 Trillion Global Debt the highest in History?

Why are Interest Rates the lowest in 5000 years?

Why does the Central Banking System and US Treasury use Derivatives to suppress Gold and Silver prices?

Why has the Derivatives Market exploded to $2.4 Quadrillion?

Answer these questions and you will know the Economic Truth.

The Private Central Banks and the US Treasury are propping up the Markets so Retail Investors, Pension Funds, Foundations, and Hedge funds get suck into the record breaking Stock Market. In 2018 the Central Banks will collapse the system and implement a Monetary Reset per their game plan on more centralized power using the IMF and BIS. The largest wealth transfer in history will destroy millions of Investors Wealth.

“Gold is Money everything else is Credit” JP Morgan

God Bless You and Your Family,

CIGA Weston

 

If Hillary or Bernie were truly as popular as the media claimed during the election, then why were Trumps book sales Bigger than the combined sales of Ted Cruz, Hillary Clinton, Marco Rubio, and Bernie Sanders? Not only that, but Trump had more than double their combined total sales…The proof is in the purchases, not the media. This is called following the money

JB

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Economy is Booming!

“There are three kinds of lies: lies, damned lies, and statistics”

-Twain

Q

 

 

It is coming to a neighborhood near you, as the Fed is totally in a box with the ability to use any tool without turning the good ship the USA and the globe upside down. Contagion is spreading and the Fed must act. There is no question of if, but when.

Either do nothing and watch the globe go into the greater depression, or flood the world with dollars to satisfy Richard Russell’s technical dollar short, which would be “QE to Infinity.”

Jim

How long can you keep this at bay when all these countries are falling by the wayside — Forget the IMF. Lagarde is working on her tan, she doesn’t have time!

GG

Brazil Central Bank Intervenes As Real Crashes Near Record Lows
August 30, 2018

The bloodbath in Argentina and Turkey is evident in Brazil also where Bloomberg reports that the central bank just intervened for the first time since June 22.

BCB reportedly intervened at 4.20 “to provide liquidity” adding that intervention intensity and frequency will depend on the market. The BCB also attempted to provide some confidence by reaffirming that monetary policy is not directly linked to recent market shocks.

 

 

 

 

 

 

 

 

For now, the Real has stabilized.

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Posted at 11:59 AM (CST) by & filed under In The News.

Jim Sinclair’s Commentary

Need some answers on the economic figures today. Here is John Williams correct take. Fake economics news?

– A Mixed Consumer Outlook Was Signaled in August, with Optimism Broadly At or Off High Levels Last Seen Crashing into the 2001 Recession, Before 9/11
– Second-Quarter 2018 Gross Domestic Product (GDP) Inflation-Adjusted Real Growth Revised to an Annualized 4.23% (Previously 4.06%), versus a First-Quarter 2.22%
– Yet, Growth in Second-Quarter “GDP Equivalent” Gross Domestic Income (GDI) Came in at 1.81%, Down from a First-Quarter 3.90%
– Broader Second-Quarter Gross National Product (GNP) Real Growth (GDP Net of International Flows in Interest and Dividend Payments), Was an Initial 4.07%, versus 2.20% in the First Quarter
– Headline GDP Now Stands 17.46% Above Its Pre-Recession Peak, but No Major Underlying Economic Series or Broad Employment Measure Confirms Such a Level of Recovery in this Most-Heavily Gimmicked of U.S. Statistics
– Better Quality, Broad Economic Measures Suggest that Real-World Activity Has Yet to Recover Its Pre-Recession High
– The ShadowStats Real GDP, Corrected for Understated Inflation, Continued Off Bottom, Growing Quarter-to-Quarter and Year-to-Year, Yet It Remained Well Shy of Recovering Pre-Recession Levels

“No. 968-Advance: Second-Quarter 2018 Revised GDP, Initial GDI and GNP”

www.shadowstats.com

Bill Holter’s Commentary

I never saw this on MSM and it goes back to March 15, did you?

Grassley Letter to AG DAG (Requesting Special Counsel) March 15th

Grassley Letter to AG DAG (Requesting Special Counsel) March 15th by The Conservative Treehouse on Scribd

Posted at 10:27 AM (CST) by & filed under In The News.

TRIGGERED: CNN Just Had Their Big Russia Collusion Scoop Go To Absolute Crap
Aug 28, 2018

Well, Matt is back from the Left Coast—and what a hellacious week it has been. First and foremost, CNN got plastered in the face again with a rake, being utterly embarrassed in light of Lanny Davis, the lawyer for Michael Cohen, Trump’s former personal lawyer, being outed as the anonymous source that said the president knew about Donald Trump Jr.’s meeting with some Russians at Trump Tower in 2016. Davis has since backpedaled on everything, making the CNN story total trash and virtually worthless. The network has refused to retract or correct the story, delivering a BS line: we stand by our reporting. It’s wrong, CNN. You’re wrong. You suck—you always will.

Sen. John McCain (R-AZ) passed away over the weekend after a yearlong battle with brain cancer. CNN’s Alisyn Camerota had former Bush 41 White House Chief of Staff John Sununu on her program, where the interview was cordial for the first couple of minutes. When Camerota tried to turn it into a Trump-bashing event, instead of an in memorial to McCain, Sununu attacked the network, leading to yet another bout between the two—and it wasn’t the first time:

 

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Jim Sinclair’s Commentary

Does the opening of this article title have anything to do with the rest of the title?

Pending Home Sales Slump For 7th Straight Month As “Overheated Real Estate Markets” Start To Drop.

Pending Home Sales Slump For 7th Straight Month As “Overheated Real Estate Markets” Start To Drop
August 29, 2018

Amid its “broadest slowdown in years” the US housing market faces prices for starter homes at the highest they have been since 2008, just prior to the collapse of the housing market, and August is confirming that prices are indeed becoming an issue.

Following the drop in Existing- and New-home sales (as well as another drop in mortgage apps), Pending-home sales missed expectations dramatically, dropping 0.7% MoM in July (+0.3% exp).

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Posted at 10:24 AM (CST) by & filed under Jim's Mailbox.

This is a dead weight on growth.

Jim

People’s debt you will have to repay from future income! So there is less and less money for consumption going forward. The Government spends $500bn in interest this year!

GG

This Just Shocked People By Hitting An 18-Year High
August 28, 2018

With the Dow holding above 26,000 and the Nasdaq trading above 8,000, this indicator just shocked people by hitting an 18-year high.

An 18-Year High

August 28 (King World News) – Consumer confidence in the United States surprised a lot of people today by hitting an 18-year high today (see chart below).

Consumer Confidence Unexpectedly Spikes To 18-Year High

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Courtesy of Q.

Jim

Posted at 10:22 AM (CST) by & filed under USAWatchdog.com.

By Greg Hunter’s USAWatchdog.com

Former Fed insider Danielle DiMartino Booth is sure the Fed is going to raise interest rates again at the September meeting. Why? DiMartino Booth explains, “I think he’s (Jerome Powell) the most independent Fed Chair in the past 30 years, and I think he’s going to raise rates regardless of what is happening in politics. . . . You don’t kowtow to political pressure when you need to do right by the economy. . . . Powell thinks the inflation numbers are under-reported. He’s listening to companies saying their profit margins are being squeezed . . . non-labor costs are outpacing labor costs by the greatest extent in three years, and what that tells you is inflation has run amok. . . . I think the Fed is going to continue to raise rates. . . . I think the markets have priced in the (September) rate hike by 90%. We may be looking forward to Jay Powell backing off come December. So, I am not really worried right now about a skyrocketing dollar.”

DiMartino Booth points out the biggest problem the world faces now is record global debt near $250 trillion “that few can conceive a workable solution.” Di Martino Booth says, “It really does keep me up at night because of the nature of debt. As we approach the 10 year anniversary of Lehman Brothers, the one takeaway that many have forgotten in the decade that has passed is that you don’t know where the true ticking time bomb is when there is an over-indebted problem. . . . When systemic risk is released, it cannot be contained by any higher authority and potentially be unleashed. The greatest peril of debt is we don’t know where the danger truly lies until something triggers it.”

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Posted at 10:15 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Does anyone remember what the penalty for treason is???

SOURCES: China Hacked Hillary Clinton’s Private Email Server
August 27, 2018

A Chinese-owned company operating in the Washington, D.C., area hacked Hillary Clinton’s private server throughout her term as secretary of state and obtained nearly all her emails, two sources briefed on the matter told The Daily Caller News Foundation.

The Chinese firm obtained Clinton’s emails in real time as she sent and received communications and documents through her personal server, according to the sources, who said the hacking was conducted as part of an intelligence operation.

The Chinese wrote code that was embedded in the server, which was kept in Clinton’s residence in upstate New York. The code generated an instant “courtesy copy” for nearly all of her emails and forwarded them to the Chinese company, according to the sources.

The Intelligence Community Inspector General (ICIG) found that virtually all of Clinton’s emails were sent to a “foreign entity,” Rep. Louie Gohmert, a Texas Republican, said at a July 12 House Committee on the Judiciary hearing. He did not reveal the entity’s identity, but said it was unrelated to Russia. (RELATED: Gohmert: Watchdog Found Clinton Emails Were Sent To ‘Foreign Entity’)

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Jim Sinclair’s Commentary

One has to ask where are all of you that voted for Trump are hiding when you read something like this? Why are you, who are in the main, hiding?

I used to take general comfort in our system as a young man. Now the system leaders look like the enemy of the those people who might oppose the ingrained left or wear a red hat.

How do you feel NOW about your own safety about becoming a political prisoner in the USA?

Meadows: “We’ve Learned NEW Information” Suggesting FBI/DOJ Leaked To Press, Used Articles To Obtain FISA Warrants
August 28, 2018

Freedom Caucus Chairman Mark Meadows (R-NC) dropped a late-night bombshell on Monday suggesting there’s evidence that the FBI and DOJ rigged their own FISA spy warrants by leaking information to the press, then using the resultant articles to obtain court authorization to surveil targets.

“We’ve learned NEW information suggesting our suspicions are true: FBI/DOJ have previously leaked info to the press, and then used those same press stories as a separate source to justify FISA’s,” tweeted Meadows.

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Posted at 10:01 AM (CST) by & filed under Jim's Mailbox.

Courtesy of JB.

Jim

 

 

 

 

 

 

 

 

 

Let’s see. One priest or Turkey. I do not know the priest, but it sounds OK to me. Give us the priest!

Jim

This is what dictators do they play the populus how many people has he thrown in prison – his gold/oil deal with Iran!

GG

In Furious Rant Erdogan Lashes Out At Trump: “We See The Game You’re Playing, We Dare You”
August 12, 2018

In the wake of the U.S. doubling tariffs on Turkish steel and aluminum on Friday which sent the Turkish lira and capital markets into free fall, Erdogan wrote a Friday New York Times op-ed cataloging his grievances and threatening to walk away from the decades-old alliance. “Failure to reverse this trend of unilateralism and disrespect will require us to start looking for new friends and allies,” he wrote. Meanwhile, while announcing the new sanctions aimed at Turkey, Trump tweeted his “analysis” of the situation: “Our relations with Turkey are not good at this time!”

The escalating war of words continued on Saturday, when speaking at a rally in the Black Sea town of Unye, Erdogan said that “it is wrong to dare bring Turkey to its knees through threats over a pastor,” and blasted “shame on you, shame on you. You are exchanging your strategic partner in NATO for a priest.” At the same time, Ibrahim Kalin, Erdogan’s spokesman, said that the U.S. is “facing the risk of completely losing Turkey.”

And if anyone was hoping that Erdogan’s temper would have cooled one day later with just hours left before FX markets reopen, they were sorely disappointed on Sunday when in his latest public address in the town of Trabzon, Erdogan doubled down on his belligerent rhetoric against the US once again, via Bloomberg:

ERDOGAN: WE SEE THE GAME YOU’RE PLAYING; WE DARE YOU

ERDOGAN: THEY’RE TRYING W/ MONEY WHAT THEY COULDN’T DO IN COUP

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Posted at 10:25 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Is this dollar bullish?

EU Looking to Sidestep U.S. Sanctions With Payments System Plan
August 27, 2018

Germany and France said they’re working on financing solutions to sidestep U.S. sanctions against countries such as Iran, including a possible role for central banks.

The discussions, which also involve the U.K., are a signal that European powers are trying to get serious about demonstrating a greater level of independence from the U.S. as President Donald Trump pursues his “America First” agenda.

“With Germany, we are determined to work on an independent European or Franco-German financing tool which would allow us to avoid being the collateral victims of U.S. extra-territorial sanctions,” French Finance Minister Bruno Le Maire said Monday during a meeting with press association AJEF. “I want Europe to be a sovereign continent not a vassal, and that means having totally independent financing instruments that do not today exist.”

Trump reimposed the sanctions after pulling the U.S. out of the Iran nuclear accord in May, despite opposition from NATO allies and China and Russia. European companies including Daimler AG and Total SA have halted activity or backtracked on investment plans to avoid U.S. punishment but France and Germany and their European Union partners want business with the Islamic Republic to continue.

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Jim Sinclair’s Commentary

Feeling a little dragged? Here might be the scientific reason.