It smelled wrong when the news first came out. If this is true, the ramifications are horrifying.
Chinese EMP Hit the Fitzgerald-Nimitz Racing to Scene As War Is Close June 23, 2017
I publicly stated, on June 21, that the USS Fitzgerald was hit by an EMP. My belief is rooted in several factors which will be discussed by the end of the article. However, the foundation for my belief comes from a two-year-old declassified intelligence report.
The Chinese Make EMP Weapons a Priority
A 2015 declassified intelligence report, obtained by the private National Security Archive, provides details on China’s EMP weapons as well as the plans for their use.
The report details how much of China’s military is developing EMP weapons that the Chinese plan to use against targeted U.S. aircraft carriers with regard to any future conflict over Taiwan. Parts of the National Ground Intelligence Center study on the lethal effects of electromagnetic pulse (EMP) and high-powered microwave (HPM) weapons revealed that the arms are part of what China refers to as the “assassin’s mace”. This arsenal of EMP weapons allows a technologically inferior China to defeat U.S. military forces while leaving much of the surrounding infrastructure intact. It is like the neutron bomb of EMP weaponry.
We might be able to file this under the “truth bomb” category.
Senate Announces Probe Of Loretta Lynch Behavior In 2016 Election June 23, 2017
The Senate Judiciary Committee has opened a probe into former Attorney General Loretta Lynch’s efforts to shape the FBI’s investigation into 2016 Democratic presidential nominee Hillary Clinton, the committee’s chairman announced Friday.
In a letter to Ms. Lynch, the committee asks her to detail the depths of her involvement in the FBI’s investigation, including whether she ever assured Clinton confidantes that the probe wouldn’t “push too deeply into the matter.”
Fired FBI Director James B. Comey has said publicly that Ms. Lynch tried to shape the way he talked about the investigation into Mrs. Clinton’s emails, and he also hinted at other behavior “which I cannot talk about yet” that made him worried about Ms. Lynch’s ability to make impartial decisions.
This is logical. Everyone else is working to dump Trump out of the presidency, certainly the MSM and the Elite’s Snobs Club. You think increased interest rates or any kind of normalization is warranted? You are bonkers re: timing.
Fed Trying to Cripple Trump Economy-Danielle DiMartino Booth June 21, 2017
Financial expert and former top Federal Reserve insider Danielle DiMartino Booth says the latest Fed rate hike is nothing less than an attempt to make life worse for President Trump. DiMartino Booth explains, “They are trying to do the opposite of what they did a year ago because the people who occupy the White House have changed. That’s the only feasible answer I can come up with to explain the Fed tightening into a weakening economy. Their own metrics don’t lie. Nonfarm payroll growth has slowed appreciably over the last 12 months, and their favorite inflation metric is back below 2%. These are the rules they have made up, not me. They (the Fed) are making policies against their own rules, and there has to be a reason for it.”
DiMartino Booth wrote a popular book called “Fed Up” that reveals the Fed’s manipulation of the financial markets and says flat out, “The Federal Reserve is bad for America.” DiMartino Booth says massive manipulation is the only way you can explain rising federal debt and stagnant or falling interest rates on the 10-year Treasury bond. DiMartino Booth contends, “The only way you can fabricate the surreal balance between growing debt and falling interest rates is to manipulate that. . . . These are central bankers gone wild. . . . In 2008 and 2009, the credit markets were closer to $200 trillion in size. Today the credit markets are closer to $300 trillion in size, and we still can’t say what and where the next systemic risk lies.”
On gold, DiMartino says, “I think gold is in the very late stage of a correction phase. Once we get a sniff of true market reaction to any of these geopolitical events, I think you could see gold take off like a boomerang or a hockey stick. . . . If there is any slowing in the global economy, then the safe haven will not necessarily be U.S. Treasuries. The ultimate safe haven is gold.”
It looks like BS is not floating well. That might well be part of why Trump is president.
Labor Cuts At Liberal Media Outlets, Hundreds Being Let Go June 14, 2017
Major media outlets, including the Huffington Post, The New York Times, NBC, Vocativ, Newsweek and Time Inc., initiated major layoffs of their labor forces Tuesday and Wednesday.
The NYT and Newsweek have been whispering about mass layoffs for the past year, while HuffPost and Time made their cuts just this week. The move will put hundreds of journalists and media staff out of work while helping digital media continue its rise as the primary source of news and information.
Time announced that it will be laying off about 300 employees through a series of buyouts and layoffs. The move will eliminate 4 percent of its workforce as it looks to cut costs in the midst of lagging sales.
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
This MACD! When is it gonna be B/D level 0 = bear?
I still would like to study it for a wedge supercycle.
“For a hamburger today, I’ll gladly pay you Tuesday”
Wimpy from Popeye
Which is real?
The hamburger? Or the payment Tuesday?
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.
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?
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!
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.
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.
‘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- ).
Raises real questions about his intentions behind pushing for sanctions on energy against Russia as to whose interest he is serving.
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.
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!
Wolfgang, as they say…
Garbage in, garbage out!
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.
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.
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.
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.
Theleft’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.