11/02/2016


02.11.16 18:00 ET: Russia Warns Saudi and GCC Military supporting Rebels in Syria Risks a World War

by John Galt February 11, 2016 18:30 ET This is the kind of news in the old days that would cause gold to jump $100 in 5 minutes, however, since the chicken hawks who date camels are usually all talk and no action when it comes to military affairs unless the United States puts ten times then number of our own troops at risk, the reaction is only notable because of Russia’s stark warning. Via The Daily Star in Lebanon, via various news agencies: Russia warns Gulf intervention in Syria risks…


02.11 U.S. MARKETWATCH: It’s going to be a Bloodbath if S&P 1780 Does not Hold

by John Galt February 11, 2016 05:30 ET With each new day, a new crisis in deflationary acceleration occurs and thus markets retreat closer and closer to danger levels which could trigger massive crashes. Today’s headlines are no different: Swedish national bank, the Riksbank cuts rates FURTHER into negative interest rate territory from -0.35% to -0.50% The Japanese Yen has risen further against the USD now down over 400 pips to 111 since last night Gold is up over $20 as everyone appears to be abandoning fiat currencies and returning to…


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