Friday, September 4, 2015


The Euro and Why the Dollar Will Not Be Dethroned

In the Eurozone, Mario Draghi has announced that his quantitative easing has failed to produce inflation as everyone assumed. After nine months of buying various government debt, the economy is still contracting and their inflated inflation numbers are coming in at .01%. Draghi has announced that they will now buy 33% of government debt issues, which is up from 25%.
The euro has an EXTREMELY RARE virtual TRIPLE WEEKLY BEARISH REVERSAL at 10815. This is not looking very good for Europe. Our model is setting up for the massive dollar rally that the dollar haters just cannot comprehend. They swear the dollar will collapse and the U.S. will lose its reserve currency status out of thin air. They are SO DEAD WRONG; it is a shame for we are about to enter a period where there will not be a single asset class standing without its ardent supporters suffering huge losses.
The HIGHER the dollar rallies, the more likely it is to create an economic storm and losses. If the dollar declines, then all those who issued dollar debt will win. How do we create an economic downturn with a declining dollar? Corporate profits will rise, not fall, and the $9 trillion in dollar-denominated debt will reap huge profits instead of losses.
Then there are the crazies who cannot see the forest for the trees; they send in e-mails that say I am wrong and the dollar will collapse because Russia is abandoning the dollar. They are so lost in thinking that Russia is somehow a major holder of dollars. What is the alternative? There is nothing. A rise in the dollar will inflict the greatest losses worldwide and then the cry for an independent reserve currency will emerge. A declining dollar will NOT dethrone it.

The United Nations 2030 Agenda decoded: It's a blueprint for the global enslavement of humanity under the boot of corporate masters

98 Million Americans Received Vaccine Contaminated With Cancer Virus

The CDC has quickly removed a page from their website, which WAS cached here (since removed by google so you can view an image of the cache here), admitting that more than 98 million Americans received one or more doses of polio vaccine within an 8-year span from 1955-1963 when a proportion of the vaccine was contaminated with a cancer causing polyomavirus called SV40. It has been estimated that 10-30 million Americans could have received an SV40 contaminated dose of the vaccine.


Hillary Emails – Astonishing

The most incredible aspect about Hillary’s email scandal is the total lack of the press simply drilling this down to a simple fact. Hillary DID NOT use the government email system, she used her own. She claimed she was unaware that you could have two emails on one phone. That alone shows she is not qualified to be president.
Nonetheless, that can ONLY mean that top secret emails were indeed sent by her personal email service. All her discussions with foreign governments who donated to her charity were also on her emails.
If you work for the government and you op to put all OFFICIAL emails on your private unsecured server because you assumed you could only have one, wouldn’t you assume that national security comes before personal emails?
This is just amazing. Obviously Hillary has lied about the emails for how did she conduct business as part of her job without using a government system? If you had to choose between the two, it would seem the country should come first.
Now her staff is taking the Fifth Amendment refusing to testify. Obviously, the only reason to take the Fifth requires as risk of a crime.

Snoop Dog Loses $400,000 in Cash Seized by Police

CNN is reporting that a normal check at Lamezia Terme in Italy, the rapper was found with $422,820 in U.S. cash, a police source told CNN. The maximum amount of cash that passengers traveling through Italy can carry without declaring it is €10,000 ($11,010.25). The rules were put in place to prevent money laundering. So European government have adopted US seizure policy. If you have cash, they assume it is guilty without having to prove a crime and they claim it is now their’s. Welcome to the new world of Civil Asset Forfeiture where the money is guilty for just existing.

Understanding Trends Change

This difference between goldbugs and stockbugs is really nothing. Both tend to view the world through rose colored glasses with blinders. They forget that ALL markets go both up and down and this is quite normal, not abnormal. A true global hedge fund manager must look at all asset classes, not just stocks or commodities. They must also view the world of currencies. We know that normal markets move in both directions even when there are long-term trends in motion. This is why we split a market into time frames from daily to yearly and project the trend on each level. This allows you to identify a “pop” within a bearish trend on a monthly level and at the same time distinguish between a broader bear market and a reaction.
Gold is an example. It has not elected any Yearly Bearish Reversals so it is not in a protracted bear market long-term, only a reaction measured in years. Yet on the monthly level, our model remains short. This is playing one time level against the next. However, this enables us to say 2011 will be a high with a maximum decline of 5 years, which is by no means a change in long-term trend.
When any group gets married to a vision of a market, that is when they get burned. All markets rise and fall constantly. They can be up and they can be down, while counter-trend moves lasting weeks or months and at times even years, and are the norm. For those who only look at one market, this concept may have been forgotten.
Currently, in stocks, the trend has been mostly higher the past 6 years, although we did have some short-term corrections counter-trend along the way. They assume this is the norm and forget that there can be wild swings even on a yearly basis. This is no different from the goldbugs who only expected gold to rise perpetually and its decline they chose to attribute to some sinister plot rather than market conditions.
Nothing but nothing moves only in one direction. The sooner you learn that lesson, the greater your chances of survival for the future.

The 2030 Agenda: This Month The UN Launches A Blueprint For A New World Order With The Help Of The Pope

Did you know that the UN is planning to launch a “new universal agenda” for humanity in September 2015?  That phrase does not come from us – it is actually right in the very first paragraph of the official document that every UN member nation will formally approve at a conference later this month.  The entire planet is going to be committing to work toward 17 sustainable development goals and 169 specific sustainable development targets, and yet there has been almost a total media blackout about this here in the United States. 

Thursday, September 3, 2015

KARL DENNINGER: Yes, I'm Supposed To 'Respect' The Cops...

Massachusetts police officer fired after 'fabricating' shooting incident, officials say

Your "Duty" to Protect and Serve the Police


Bill Holter is back and he says “Something Just Happened”. In fact, something changed three weeks ago and a series of events began which has led to a cascading collapse in global markets and some very strange happenings in the precious metals markets.
In silver last week there was confirmed volume of 122,482 contracts traded in a single day which represents 612 MILLION ounces of physical silver … or over 87% of annual global silver production. Meanwhile China has sold $100 billion worth of Treasury bonds over the last two weeks.
Bill warns, the leverage in all markets suggests a “holiday” will occur because the unwinding cannot be orderly. The “unwinding” by the way will need to undue the credit built upon credit going all the way back to Aug. 15, 1971.
Mr. Holter concludes: “We’re going to have an absolute Biblical collapse of our standard of living, and no one even has a clue that it’s coming.”

Killing The Host

Killing The Host
Michael Hudson is the most insightful economist of our time. His latest book, Killing The Host, explains the reality. Read Pam Marten’s excellent review and go buy the book.


Uprising Against Government is Global

Martin –
The distaste for and turning-away from status-quo government that you predicted several years ago is showing up in more countries: (Sweden)
REPLY: This is a worldwide trend. We are witnessing this everywhere from India to Eastern Europe, South America to Canada, from Australia to Japan, and from Sicily to Sweden. This is human nature rebelling against the corruption of government and socialism, which has totally failed precisely as did communism. The left just does not understand and insist they have to seize more assets to hand to government. Meanwhile, the extreme right refuses to comprehend anything in the middle ground.
This is part of the 309.6-year cycle that is now unfolding. We went through financial panics prior to the revolution against the monarchy. Hence, we overthrew the monarchy and replaced the king with a herd of ministers.

Dollar & Reserve Currency Status

Dear Mr Armstrong,
First of all, congratulations for all the public information that you are offering in your website. For humble learners like me is fascinating.
Your ECM says that there would be a peak in October. Could it be a peak in the confidence in the Dollar as a reserve currency?
I would be very pleased to hire your services whenever they are offered.
Thanks in advance
ANSWER: No, that comes later. We first have to create the storm. The likelihood of a monetary reform comes into play around 2017. To get there, we have about $9 trillion in debt by other countries that must create a major loss first. With this sort of pressure, then and only then will we see some new type of system. There is nothing currently to replace the dollar. BIG MONEY cannot park anywhere but dollars.

New Zealand – Bucking the Trend to Move Cashless?

The Reserve Bank of New Zealand revealed new $5 and $10 notes. However, Reserve Bank deputy governor Geoff Bascand was asked directly if the redesigns could be the last. He responded by saying, “It is possible. People are speculating and talking about becoming a cashless society, but we haven’t seen it yet.”

Judge Sentenced to 28 Years in Prison for Selling Kids to For-Profit Prison; Police Chief Sentenced to 1 Year for Murder

PA Jude 28 Years
Finally, a state judge was sentenced to 28 years in prison for taking bribes from a private juvenile prison where he sentenced kids for the profit of the prison. I have yet to meet any judge who is actually “HONORABLE” as the title they bestow upon themselves suggests. The issue is not that all judges accept bribes; rather it is that judges are biased to rule in favor of the government who appoints them. This is one position that could be replaced by a computer that simply renders a verdict based SOLELY upon the law. There should also be an independent board that must first rule on the constitutionality of every law passed by government. It is seriously wrong to allow government to enact whatever law they desire and then place the burden upon individual citizens to prove such a law is illegal.
Prosecutors then pick on small individuals and companies to make what they call “law” but they never prosecute the big players because they will fund a case to the Supreme Court. The 99% of the people do not have the funds to accomplish that long process of appeals and as such, the Constitution does not exist if citizens must prove its existence each and every time. It is one of the main reasons I did not want to become a lawyer, the position was way too corrupt for my liking.
Meanwhile, a police chief pled guilty to killing an unarmed man. He went through two mistrials so he could plead to a lesser offense of misconduct in the office and was sentenced to only one year of home confinement for murder. No one besides a police officer or government official would ever get such a deal. So I suppose if someone pushed that red button and nuked a city, the charge would be the same: misconduct in office. Hmm… seems that would apply to everyone in Washington.
In Florida, an employee at the local Arbys refused to serve a police officer. While the company had to apologize, this is reflecting a serious problem. When police protect police, they tarnish their own image for the public will paint all the police with the same brush. When a friend came here to visit from Ukraine and saw a policeman, they got tense, and tried to walk away. They were conditioned that police are just corrupt in Eastern Europe. If police do not protect the bad apples, then they will gain the trust of citizens. Closing ranks to protect the guilty only makes all police appear guilty.

Market Talk – September 2nd, 2015

Trading Community
Asia produced a mixed session for equity markets today with all majors closing in the red. Not too  much of gossip as most players digesting the ADP report, guessing China’s next move (with dealers still bidding on long end Treasuries) and second anticipating Friday Non-Frams. Europe saw a more positive note closing with small gains but it was the US market that closed 1%+ across the board.
The US Dollar benefited taking the DXY (US Dollar Index) up to 95.85 (+0.35%) with major losses coming from the Euro (-0.%). The Russian Rouble lost ground again as oil drifted closing on the day -2%. Gold had one of its quietest sessions in a long time drifting into the close at the days low $1134.
The US Treasury curve was weak but again focused on the long end (30yr). The Long Bond had quite an active day trading in a two point range – when compared to 10’s 35 cents! The TY/RX spread against Germany actually tightened again closing around +137bp. The front part of the curve was unchanged although it did drift a little on the Beige Book comments. 2/10 almost unchanged on the day closing 1bp flatter, so sadly not too much to write home about.

Socialism vs. Helping the Poor

Nerva AE Ses Modus
Above is a Roman Æ Sestertius (34mm, 22.18 g) of Nerva (AD 96—98), struck at the mint of Rome (97 AD). The reverse reads: “PLEBEI VRB[ANA]E FRVMENTO CONSTITVTO”, and pictures a modius filled with poppy and six grain ears. This demonstrates how society has ALWAYS aided the poor (plebs) for that is part of humanity.
Socialism is simply the justification to rob those who produce for the benefit of politicians, not the poor. The politicians have used the business cycle to claim that they can prevent economic declines if they have more power. With each decline, the excuse is the same: had they had more power they could have prevented the event. We are now approaching total power. There is no freedom left for they are robbing the very rights of man granted by God at the time we are born. Our freedom to be who we are is what they dislike the most. We do not need socialism to be a compassionate society. All great civilizations have taken care of the poor for no one starved in Rome until the government consumed everything before collapsing.

Wednesday, September 2, 2015

America - Good, Bad Or Ugly? Part 1: The Bad

This nation has become a land where character and integrity are secondary to profits for the few and self serving interests of the powerful.  And as we are seeing already for the third time in this millennium’s infancy, stability and prosperity can be but short lived for even the highest paid CEO’s in such a world.