Posted at 9:14 AM (CST) by & filed under Jim's Mailbox.

Jim/Bill,

Worth Remembering.

CIGA Wolfgang

“One simple rule to follow:

Determine what is best for the government and know that is what the powers are working to make happen.

Inflation is what is best for a government with enormous debt.” — Ayn Rand

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Jim/Bill

This MACD! When is it gonna be B/D level 0 = bear?

I still would like to study it for a wedge supercycle.

CIGA Huguette

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Jim/Bill,

“For a hamburger today, I’ll gladly pay you Tuesday”

Wimpy from Popeye

Which is real?

The hamburger? Or the payment Tuesday?

Un-Real Things

Cryptocurrency….untouchable by owner.

(exists in the cloud, like a figment of your imagination)

Equities….untouchable by owner.

(at one time you got physical certificates. Alas, no longer)

Bonds…….untouchable by owner.

(at one time you got physical certificates. Alas, no longer)

Commodities…..untouchable by owner.

(just try to get physical delivery of gold and silver. Good luck!)

(includes ALL commodities. Ever hear of “Force Majeure”?)

Real Estate…..untouchable by owner.

(to some extent).

(ever hear of “Eminent Domain”?)

Fiat currency….. untouchable by owner

(to some extent).

(it CAN be used to wipe your butt if necessary).

(truly a remarkable slight of hand. You’re led to believe that what you have in your hand is real. It is not! It’s simply an empty promise that deteriorates in value over time.)

This is why precious metals and gems have always stood the test of time. They are REAL!

Still not convinced?

E-commerce….untouchable by owner.

“But the one thing still not settled or answered from today’s misreporting: what happens to downloaded content when the buyer passes away? (Spoiler alert: just because you buy it doesn’t mean you own it, and certainly doesn’t mean you can do whatever you like with it.)

Only one in a million people actually read the terms and conditions of any Web site, service, or application. You immediately jump to the bottom of the screen and hit the “I Agree” button and sail off on your digital downloading way. It’s the terms and conditions which govern exactly who owns the music you buy even once you escape the mortal coil.”

CIGA Wolfgang Rech

Who Owns Your Downloaded Music After You Die?
September 3, 2012

Earlier today, a story emerged from the British tabloids that Bruce Willis was considering suing Apple in a bid to determine who gets his iTunes music collection after his death. Perhaps something more suited for April Fool’s Day? We reported it (and fell for it) and we’ve updated the piece to reflect that the original source was a work of fiction. (Willis’ wife tweeted this morning that the story was not true.)

But the one thing still not settled or answered from today’s misreporting: what happens to downloaded content when the buyer passes away? (Spoiler alert: just because you buy it doesn’t mean you own it, and certainly doesn’t mean you can do whatever you like with it.)

Only one in a million people actually read the terms and conditions of any Web site, service, or application. You immediately jump to the bottom of the screen and hit the “I Agree” button and sail off on your digital downloading way. It’s the terms and conditions which govern exactly who owns the music you buy even once you escape the mortal coil.

More…

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Gentlemen,

Is it possible we are watching the final days of the US dollar? The Petro appears to be failing. The supply/demand story may be cover for a dying fiat. What do you guys think?

Gene

It is the dying days of the dollar but you are confusing “price” with “velocity”. Velocity is drying up, this is the evidence of a dying dollar as it’s global use is dropping. This symptom of low oil “prices” alone would be saying the opposite as it is taking fewer dollars per barrel…thus making the dollar more valuable in terms of oil. I believe what we are seeing rather is a weakness in global economic activity and trade at a time China (and the U.S.) have largely full storage facilities. “Where” to put the oil seems to be the problem so Mother Nature lowers the price to increase consumption and lower incentives to produce. I do believe there has been “cartel support” in price over the last year but that story has been torn apart by lower demand and full storage facilities. Debt saturation and slower (negative?) debt creation is taking it’s toll on economic activity, it may currently be viewed as deflationary winds blowing…until debt actually starts to blow up. Then, we will see currencies themselves rapidly fail as financial institutions fail…at that point central bank reactions will be considered hyperinflationary. You see, fiat currencies will not survive , whether you call it inflation or deflation is a moot point as “wealth” will end up accumulating in gold and silver. It is in terms of precious metals where everything will deflate, because at current “prices”…there is simply not enough gold and silver to go around. Think this one through thoroughly, the very last line is the key!

Bill

Posted at 10:12 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Ill advised but certainly one way to GOTS (get out of the system) …”24% of American don’t have a single dollar save for emergency”.

5 Facts That Prove Americans Don’t Know Anything About Managing Money
June 20, 2017

You can take this to the bank: Americans are messed up about money.

A slew of new surveys and data have come out revealing that we don’t save enough, we spend money we don’t have, we have our financial priorities backwards — and more. Here are five new stats that prove Americans are backwards about money.

About 1 in 4 literally have no emergency savings. A survey released Tuesday by Bankrate.com found that 24% don’t have even a single dollar saved for an emergency. And that’s just one of many surveys showing how little we have saved: A survey released in January by Bankrate found that nearly 60% of Americans wouldn’t have enough savings to pay for a $500 expense if it came up unexpectedly. What’s more, more than one in five say they’d slap down their credit card to pay that expense and more than one in would mooch off family to get the cash. Experts recommend that Americans have a least three to six months of income in the bank to pay for unexpected emergencies.

More…

Judicial Watch Sues for Obama Family Travel and Secret Service Costs
June 20, 2017

(Washington, DC) — Judicial Watch announced today that it filed a Freedom of Information lawsuit (FOIA) against the Defense Department and the Department of Homeland Security seeking Air Force and Secret Service expense records for Obama family travel dating back to 2014. The lawsuit was filed in the U.S. District Court for the District of Columbia (Judicial Watch v. U.S. Dept. of Homeland Security (No. 117-cv-01007)).

Judicial Watch is also seeking Secret Service expenditure records for the kickoff to former Secretary of State Hillary Clinton’s presidential campaign between April 1 and May 6, 2015. Additionally, Judicial Watch seeks travel records regarding President-elect Donald Trump between November 9 and December 12, 2016, for residing in Trump Tower and then going on a “Thank You Tour” of six states.

The suit was filed after the Air Force and Secret Service failed to respond to multiple FOIA requests filed between October and December 2016.

More…

Posted at 10:08 AM (CST) by & filed under Jim's Mailbox.

Courtesy of our pal Dismal Dave Down Under.

Jim

‘Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon, if ever, a 50 or 60 point break from present levels, such as they have predicted. I expect to see the stock market a good deal higher within a few months.’ Dr. Irving Fisher, Economist at Yale University, 1929.

‘Zimbabwe’s stock market was the best performer this decade, but, your entire portfolio now buys you three eggs.’ Kyle Bass. (1963- ).

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Bill/Jim,

Raises real questions about his intentions behind pushing for sanctions on energy against Russia as to whose interest he is serving.

Robert

The [John] McCain Institute funded by George Soros and Saudi Arabia, EXPOSED
June 20, 2017

Neocon Arizona Republican Senator John McCain may have his own little Clinton Foundation pay-to-play scheme operating in the halls of the US Senate.

The Daily Caller investigative group has learned that in 2012 McCain turned over nearly $9 million in unspent funds from his failed 2008 presidential campaign to a new foundation bearing his name, the McCain Institute for International Leadership.

The McCain Institute for International Leadership’s mission is to serve as a “legacy” for John McCain and “is dedicated to advancing human rights, dignity, democracy and freedom”, but many readers certainly are well aware that human rights and dignity are the furthest things from the neocon warmonger’s mind.

More…

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Regarding the recent collision between a Philippine cargo ship and US Destroyer Fitzgerald,

Our friend CIGA Dave sent us video of a high speed turn by one of these destroyers.

These destroyers are quite nimble which tells us someone fell asleep or Duterte ordered a ramming?  The real truth, if we ever get it will be quite interesting!

Bill

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Wolfgang, as they say…

Garbage in, garbage out!

Bill

Jim/Bill,

Let this Christensen character tell that to Soros and Rogers when they went head to head with the Pound Sterling while rates were rising 5% every few hours. With soaring rates, the Sterling still collapsed.

In theory, gold is about interest rates.

In theory, gold is about inflation.

In theory, gold is about global crisis.

In reality, gold is all about confidence in a currency.

Let him read JSMineset and receive and education in reality.

CIGA Wolfgang Rech

Gold’s Luck Has Run Out, Prices To Fall To $1,100 By Year-End – Capital Economics
June 20, 2017

(Kitco News) – One firm sees gold falling 11% by the end of the year as further aggressive Federal Reserve interest rate hikes weigh on the market.

According to Simona Gambarini, commodity economist at Capital Economics, gold’s luck has run out as prices continue to fall in the wake of the Federal Reserve’s decision to raise interest rates by 25-basis points and signal further monetary policy tightening. In a recent report, she noted that because of the current interest rate environment, her firm is forecasting gold to end the year at around $1,100 an ounce, a drop of more than 11% from current future prices at $1,2450 an ounce

“There doesn’t seem to be any fundamental reason for gold to rally through the rest of the year,” she said in a telephone interview with Kitco News.

More…

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Courtesy of GG.

Jim

Real World Food Prices Soar 14% In Just Two Months
June 19, 2017

With all the talk of food deflation that is supposed to result from the Whole Foods/Amazon merger, in the real world food prices have soared 14% in just the past two months.

June 19 (King World News) – Here is what Peter Boockvar noted as the world awaits the next round of monetary madness: On Friday after the Amazon-Whole Foods news we heard a lot of opinions on what this should mean for the Federal Reserve in terms of technology and disruption bringing us another round of price deflation in the important category of food. I just want to remind people though that the secular downward pressure on consumer goods prices really started in 1962 when Walmart was founded and brought us Every Day Low Prices…

I do hope though that the Amazon deal and the entire price impact of the internet brings some deeper discussion broadly and within the halls of the Fed on consumer inflation and what drives it because I still counter that the 2% central bank inflation goal should be challenged as to why it makes any sense. On the goods side, technological breakthroughs and efficiency will always be a natural suppressant on prices. The Compaq Portable II, cost $3,499 in 1986. If it rose by 2% per year since it would today be about $6,300. Instead something similar is about $1,000. I’ll throw out hedonic adjustments that pollute the CPI/PCE readings for now. Honestly speaking, it is where government and the Fed have been most influential that has seen the most amount of inflation. Examples being housing, whether to buy or rent, tuition, and medical care. I won’t now get into asset price inflation.

More…

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Bill/Jim,

…I’m getting an increasing number of questions from blokes worried about certain headlines in the news.

I just send them this….

What to do with your ‘money’ when bad things happen…..

…bail-ins/deposit taxes/deposit insurance removed/negative yields/wars/pension cuts/currency wars/inflation/dog dies/real estate crashes/cash banned/banks fail/more wars/cat dies/constipation strikes/markets crash ….

Pray?… ‘Now, I know I’m not normally a praying man, but if you’re up there, please save me, Superman!‘ Homer Simpson. (1987-    ).

Or:…

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Then….

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     NB: Be aware that when The Great Unwashed come to the same conclusion, no one will be selling, and, you won’t be able to buy any!

Posted at 11:39 AM (CST) by & filed under In The News.

Judicial Watch Seeks Documents Unlawfully Removed By Comey
June 19, 2017


Judicial Watch President Tom Fitton on “Fox & Friends” on the Fox News Channel to discussing Judicial Watch’s efforts to see to it that the FBI recovers former director Comey’s memos that were both leaked to the media and unlawful removed.

More…

Bill Holter’s Commentary

Even the bumper stickers here say “God blessed Texas”!

Texas the Latest State to Ban Sharia, Foreign Laws from Domestic Courts
June 19, 2017

(Quin Hillyer, Liberty Headlines) With passage of a law protecting American families from imposition of foreign-law doctrines in state courts, Texas this week became the 11th state to ensure that only American laws will apply in American domestic courts.

Texas Gov. Greg Abbott on Thursday signed the Texas Foreign Law Procedural Protection Act – a slightly slimmed-down version of similar laws either passed or under consideration across the country. Often dubbed “anti-sharia” laws, these “American Laws for American Courts” (ALAC) efforts would protect against judges imposing any foreign doctrine – not just sharia – which violates American constitutional rights.

Most such conflicts of legal doctrine occur in family-law disputes – child custody battles, for example – where at least one of the parties claims to be guided by foreign cultural or legal practices. The Texas law, in fact, is narrowly tailored specifically to cover foreign child custody judgments and child custody arbitrations, rather than applying more broadly.

More…

Bill Holter’s Commentary

The left’s heroine, and the guy “investigating” the President? Disgraceful, not to mention treasonous! Talk about a “Russian connection”? We truly live in idiot world!

Hillary Clinton Requested FBI Dir. Mueller Deliver Highly Enriched Uranium To The Russians In 2009 In Secret ‘Plane-Side Tarmac Meeting’
June 19, 2017

(INTELLIHUB) — Former Secretary of State Hillary Clinton facilitated the transfer highly enriched uranium (HEU) previously confiscated by the U.S. Department of Energy (DOE) during a 2006 “nuclear smuggling sting operation involving one Russian national and several Georgian accomplices,” a newly leaked classified cable shows.

So-called “background” information was provided in the cable which gave vague details on a 2006 nuclear smuggling sting operation in which the U.S. government took possession of some HEU previously owned by the Russians.

The secret “action request,” dated Aug. 17, 2009, was sent out by Secretary of State Clinton and was addressed to the United States Ambassador to Georgia Embassy Tbilisi, the Russian Embassy, and Ambassador John Beyrle. It proposed that FBI Director Robert Mueller be the one that personally conduct the transfer a 10-gram sample of HEU to Russian law enforcement sources during a secret “plane-side” meeting on a “tarmac” in the early fall of 2009.

More…

Posted at 6:51 PM (CST) by & filed under Jim's Mailbox.

Jim,

This story is spot on and I am afraid Europe has already lost because they don’t have the weapons and DO mentality like the Americans have. Americans next to that have more an awareness and concept of property and of ownership, boundaries and nationalism (you see the american flag everywhere, Europe doesn’t have that). Europeans just don’t want to SEE it they don’t have the VISION till it will be too late.

Europeans want to be TOO social and TOO politically correct and they don’t see that they are undermining their own right of existence because these tribal people are still living in the Middle Ages and need to conquer and everybody that is being considered weak will be overrun. You can’t fight brutes with teddybear!!!

The US is an ocean away so just from a logistic point of view it will be more difficult though we always have to watch out for the trojan horse born outside or inside the US. It is about the motivation and beliefs that lone wolf crap of media doesn’t have any meaning look what motivates people.

Troubling times also with the increasing standoffishness between the rival parties in the US. It seems it is all converging the financial, social and geopolitical breakdowns, they always go together because tolerance evaporates.

Best

GG

Germany: Police Powerless Against Middle Eastern Crime Gangs
June 18, 2017

A court in Hanover has handed suspended sentences to six members of a Kurdish clan who seriously wounded two dozen police officers during a violent rampage in Hameln. The court’s ruling was greeted with anger and derision by police who said it is yet another example of the laxity of Germany’s politically correct judicial system.

The case goes back to January 2014, when a 26-year-old clan member, arrested for robbery, tried to escape from the magistrate’s office by jumping out of a seventh-floor courtroom window. The suspect was taken to the hospital, where he died. Members of his clan subsequently ransacked the hospital, as well as the court, and attacked police with rocks and other projectiles; 24 police officers and six paramedics were injured.

The judge said he was lenient because the defendants witnessed the death of the 26-year-old and were traumatized. The judge also revealed that he had reached a deal with the clan, which among other effects prevented police from testifying in court.

More…

Soft Sharia in Turkey
June 18, 2017

The good news about Turkish justice is that despite 15 years of not-so-creeping Islamization, court verdicts do not yet sentence wrongdoers to public lashing, stoning, amputations or public hangings in main city squares. The bad news about the Turkish justice system is that it is increasingly religiously ideological, reminiscent of the Ottoman justice system where non-Muslims were legally inferior to the Muslims and were, in principle, expected to be constantly reminded of their inferiority to the dominant community through restrictions and markers.

In 21st century Turkey, fortunately, there are not [yet] markers revealing non-Muslim citizens or laws discriminating against non-Muslims. Nevertheless, with or without markers, there is positive discrimination in favor of pious Muslims and against the others. Turkish law enforcement is embarrassingly pro-pious Sunni Muslim.

Turkey, nominally, is not a Sharia state. But it is becoming one on a de facto basis. In January, President Recep Tayyip Erdogan’s government issued a decree stipulating that law enforcement officials, including security officials, police and coast guard officers, could lose their jobs if they marry a “known adulterer.” The legislation reads that law enforcement officials cannot “intentionally marry a person who is known to be impure, or to stay in a marriage, or continue to live with such a person.” The offense is punishable by up to 24 months’ suspension from work. In addition, the decree covers stricter rules against drinking, gambling, the vague and emphatic “going to places that would ruin your reputation,” as well as “excessive spending,” all while off duty.

More…

Posted at 2:48 PM (CST) by & filed under In The News.

Bill Holter’s Commentary

Don’t worry, Illinois is an isolated case…

Official Warns Illinois Finances In ‘Massive Crisis Mode’
June 17, 2017

CHICAGO (AP) — The Illinois official responsible for paying the state’s bills is warning that new court orders mean her office must pay out more each month than Illinois receives in revenue.

Comptroller Susana Mendoza must prioritize what gets paid as Illinois nears its third year without a state budget.

A mix of state law, court orders and pressure from credit rating agencies requires some items be paid first. Those include debt and pension payments, state worker paychecks and some school funding.

More…

Bill Holter’s Commentary

Her favorite number is now “5”, and afforded her under a rule of law she selectively upheld for some and withheld for others.

Senate GOP shifts focus to Lynch
June 18, 2017

Senate Republicans are clamoring to hear from Loretta Lynch after former FBI Director James Comey raised concerns about her involvement in the Hillary Clinton email investigation.

Republicans on the Senate Judiciary Committee are seizing on Comey’s testimony earlier this month that he was concerned over the former attorney general telling the FBI to refer to the Clinton investigation as a “matter,” which resembled the Clinton campaign line.

The move could allow Republicans to attempt to pivot away from the investigation into Russia’s election meddling — which top GOP lawmakers have signaled belongs to the Intelligence Committee — and focus on Lynch, who has long been a target of Republicans.

More…

Jim Sinclair’s Commentary

Interesting when written by a person without our outlook on things.

The 2016 Election and the Demise of Journalistic Standards
May/June 2017

The following is adapted from a speech delivered on April 20, 2017, in Atlanta, Georgia, at a Hillsdale College National Leadership Seminar.

I’ve been a journalist for a long time. Long enough to know that it wasn’t always like this. There was a time not so long ago when journalists were trusted and admired. We were generally seen as trying to report the news in a fair and straightforward manner. Today, all that has changed. For that, we can blame the 2016 election or, more accurately, how some news organizations chose to cover it. Among the many firsts, last year’s election gave us the gobsmacking revelation that most of the mainstream media puts both thumbs on the scale—that most of what you read, watch, and listen to is distorted by intentional bias and hostility. I have never seen anything like it. Not even close.

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Bill Holter’s Commentary

Normally, one only has two feet to shoot off, CNN is starting to look like a centipede…

Huge CNN Fail! Audience Survey Backfires & Shows 75 Percent Of Audience Thinks Trump Should Not Be Investigated For Obstruction
June 18, 2017

CNN is having a bad day…. strike that, they are having a very, very a bad month if their ratings are anything to go by as the numbers for the week of June 5, 2017, they didn’t even make the top five ‘Basic Cable Top 5 – Prime time (Total Viewers)’ and came in number 4 out of five in ‘Basic Cable Top 5 – Total Day (Total Viewers)’, behind Fox News, Nickelodeon, and MSNBC.

From their own voter panel survey backfire on June 8, 2017, to their public challenge to President Trump to provide proof of MSM “fake news”, which the Daily Caller was only to happy to do in an article in response to that challenge, to their most recent “unscientific” online survey (meaning they could not weight the demographics to skewer the poll results for results they want), they are seeing backfire after backfire in their attempts to “spin” their liberal bias.

Is it any wonder that Americans marched over to CNN headquarters on Saturday to protest the “journalistic malpractice on a daily basis,” that CNN airs.

More…

Bill Holter’s Commentary

This is the predictable event that must take place when under stress conditions you mingle the culture of the village with the culture of advanced society. Villagers see all of the related as friend, all others as enemy. They see village safe and outside of the village as dangerous. Law is only the traditional value of the village and in no way the highest good of all. This IS what Merkel and Obama have given us all. The gift is more lack of the rule of law and potential societal break down as a reaction to the primitive ways of much of the Middle East. Just look how the Venezuelan people are handling internal crime amongst their own. How will the German people deal with crime from a foreign and invading force? Will Americans accept this or will they turn it into a cage match where two enter but only one leaves?

Germany: Police Powerless Against Middle Eastern Crime Gangs
June 18, 2017

A court in Hanover has handed suspended sentences to six members of a Kurdish clan who seriously wounded two dozen police officers during a violent rampage in Hameln. The court’s ruling was greeted with anger and derision by police who said it is yet another example of the laxity of Germany’s politically correct judicial system.

The case goes back to January 2014, when a 26-year-old clan member, arrested for robbery, tried to escape from the magistrate’s office by jumping out of a seventh-floor courtroom window. The suspect was taken to the hospital, where he died. Members of his clan subsequently ransacked the hospital, as well as the court, and attacked police with rocks and other projectiles; 24 police officers and six paramedics were injured.

The judge said he was lenient because the defendants witnessed the death of the 26-year-old and were traumatized. The judge also revealed that he had reached a deal with the clan, which among other effects prevented police from testifying in court.

More…

Soft Sharia in Turkey
June 18, 2017

The good news about Turkish justice is that despite 15 years of not-so-creeping Islamization, court verdicts do not yet sentence wrongdoers to public lashing, stoning, amputations or public hangings in main city squares. The bad news about the Turkish justice system is that it is increasingly religiously ideological, reminiscent of the Ottoman justice system where non-Muslims were legally inferior to the Muslims and were, in principle, expected to be constantly reminded of their inferiority to the dominant community through restrictions and markers.

In 21st century Turkey, fortunately, there are not [yet] markers revealing non-Muslim citizens or laws discriminating against non-Muslims. Nevertheless, with or without markers, there is positive discrimination in favor of pious Muslims and against the others. Turkish law enforcement is embarrassingly pro-pious Sunni Muslim.

Turkey, nominally, is not a Sharia state. But it is becoming one on a de facto basis. In January, President Recep Tayyip Erdogan’s government issued a decree stipulating that law enforcement officials, including security officials, police and coast guard officers, could lose their jobs if they marry a “known adulterer.” The legislation reads that law enforcement officials cannot “intentionally marry a person who is known to be impure, or to stay in a marriage, or continue to live with such a person.” The offense is punishable by up to 24 months’ suspension from work. In addition, the decree covers stricter rules against drinking, gambling, the vague and emphatic “going to places that would ruin your reputation,” as well as “excessive spending,” all while off duty.

More…

Jim Sinclair’s Commentary

If you send it by email or text, you might as well put it on a billboard. I am sure many of the assumed encrypted sites are operated by the NSA and CIA. How about free conference calls and meeting sites? There is no such thing as free.

‘CIA’s Cherry Bomb’: WikiLeaks #Vault7 reveals wireless network targets
June 15, 2017

The latest Wikileaks Vault7 release reveals details of the CIA’s alleged Cherry Blossom project, a scheme that uses wireless devices to access users’ internet activity.

The Cherry Blossom program also provides a means to perform software exploits on particular ‘targets’, meaning the hacker can take advantage of vulnerabilities on the target’s device, according to a Wikileaks press release.

Wikileaks notes that the common use of WiFi devices in homes, offices, and public spaces makes them ideal for these so-called ‘Man-In-The-Middle’ attacks as the Cherry Blossom program can easily monitor, control and manipulate the Internet traffic of connected users.

More…

Posted at 11:06 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

So why is it they continually say “gold doesn’t matter”? It seems in this case it mattered a lot!

Hillary Emails Reveal NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency
June 16, 2017

One of the 3,000 Hillary Clinton emails released by the State Department on New Year’s Eve (where real news is sent to die quietly) has revealed evidence that NATO’s plot to overthrow Gaddafi was fueled by first their desire to quash the gold-backed African currency, and second the Libyan oil reserves.

The email in question was sent to Secretary of State Hillary Clinton by her unofficial adviser Sydney Blumenthal titled “France’s client and Qaddafi’s gold”.

From Foreign Policy Journal:

The email identifies French President Nicholas Sarkozy as leading the attack on Libya with five specific purposes in mind: to obtain Libyan oil, ensure French influence in the region, increase Sarkozy’s reputation domestically, assert French military power, and to prevent Gaddafi’s influence in what is considered “Francophone Africa.”

Most astounding is the lengthy section delineating the huge threat that Gaddafi’s gold and silver reserves, estimated at “143 tons of gold, and a similar amount in silver,” posed to the French franc (CFA) circulating as a prime African currency.

More…

Posted at 2:46 PM (CST) by & filed under In The News.

Judicial Watch Sues for Comey Memo
June 16, 2017

(Washington, DC) – Judicial Watch today announced it filed a Freedom of Information (FOIA) lawsuit against the U.S. Department of Justice for information about former FBI Director James Comey’s memorandum written after his meeting with President Trump regarding potential interference by the Russians in the 2016 presidential election (Judicial Watch v. U.S. Department of Justice (No. 1:17-cv-01189)).

The lawsuit was filed in the U.S. District Court for the District of Columbia after the Department of Justice failed to respond to a May 16 FOIA request seeking:

The memorandum written by former Director James Comey memorializing his meeting and conversation with President Trump regarding the FBI’s investigation of potential Russian interference in the 2016 United States presidential election. For purposes of clarification, this memorandum was reportedly written on or about February 13, 2017 and is the subject of a New York Times article … dated May 16, 2017

More…