CRISIS

President Obama Blinks And Will Not Use U.S. Troops in Syria

by John Galt October 15, 2016 09:15 ET There was great speculation leading into yesterday’s meeting of the White House National Security team that President Obama might push for using United States military assets against Bashir al-Assad’s forces around Aleppo and thus potentially killing or coming into direct confrontation with the Russian military. Unfortunately for those who wanted to see the big test of the S-400 anti-aircraft missile against the USAF or Russian pilots actually dogfighting with American counterparts, that thankfully will have to wait for another day. From the White…


NUCLEAR WAR IMMINENT! Russia Tells Citizens to Know Where Nearest Bunker is Located (Video)

by John Galt October 14, 2016 18:50 ET This NTV Televison report from Russia has the Western media a tad bit freaked out(Translated): Experts talked about the scenarios of nuclear war with the US It has finally come to this. The Russian Federation is warning its citizens to locate and know their path to the nearest fallout shelter. The American government is warning its citizens to no longer pray but to go ahead and have sex with strangers using apps and to get in shape by playing Pokeman. Wow. First, here…


Welcome to the B.R.U.S.A.

by John Galt October 12, 2016 20:00 ET Welcome to the Banana Republic of the United States of America (B.R.U.S.A.) In just the past week we’ve had stories like this one: And this one (warning uncensored language): And this one: John Podesta Asked Hillary Clinton to Court ‘Needy Latinos’ in WikiLeaks Email And this one: At Wells Fargo, Complaints About Fraudulent Accounts Since 2005 Of course the media is now part of the Clinton campaign so that officially puts us in Third World territory (via WikiLeaks): Of course when a Banana…


Despite Saudi and Russian Bluff, Oil Supply is Still Overwhelming Price

by John Galt October 10, 2016 19:45 ET Despite the recent recovery in oil prices back above $50 per bbl (Brent chart courtesy of NetDania): The problem however is that oil supply is not reflected by the price. The latest results from the International Energy Agency (IEA) through the 2nd quarter of this year shows little if any evidence of a draw down in supply: Then tonight this fascinating story tonight from the UK Express: Something very odd is being hidden in the middle of the Atlantic ocean and Gulf of…


The Unofficial Presidential Debate Drinking Game: Porn King vs. Murderess

by John Galt October 9, 2016 17:00 ET Just when you think the Presidential race of 2016 couldn’t sink any lower, well, BOOM! There ya go. In the RED Corner we have the Perverted Purveyor of Pussy Policital Pontification, Donald “Grab ’em Where it Counts” Trump. In the BLUE Corner we have the Killer of Chappaqua, the Queen of Mean, the Butcher of Benghazi, the one, the only, Hillary “You’ll like me or I’ll kill you” Clinton. Bill Clinton will not be in attendance tonight as he wants to find some…


10.09 Saudi Stock Market Plunges another 2.2%

by John Galt October 9, 2016 08:45 ET So much for the idea that this rally will carry the world into a new camel, er, bull market. (chart via Bloomberg) This is not a predictor for the future, but if it is a hint as to how disturbed the force is with the potential for World War III starting any moment, world markets could drop far and fast without much warning.


Russia Considering Return to Military Bases in Cuba, Vietnam, and Other Countries

by John Galt October 7, 2016 05:25 ET As the United States and some NATO members begin the march to World War 3 with Russia, the bear is not sitting idly by taking these threats without considering a response. Currently Russia has bases in Armenia, Georgia, Syria, along with a logistics resupply base in Vietnam. This story below from ITAR-TASS however indicates that there is serious consideration to expand where Russian soldiers will be based around the world as the Cold War returns to reality. Russian Defense Ministry may return to…


UK POUND EXPERIENCES FLASH CRASH: Drops 6% in 2 minutes!

by John Galt October 6, 2016 19:30 ET I don’t know what happened but will effort to find out but suddenly, just after trading started in New Zealand, the FOREX markets imploded with the British Pound Sterling collapsing 6% from 126 to 119 in less than 2 minutes: More as news comes in..stay tuned as it has recovered to 123 but there is something major happening. UPDATE – From the UK Telegraph, worth a read: Pound skids to fresh 31-year low and FTSE 100 closes below 7,000 on fears of hard…


U.S. Sends 3 Warships to Coast of Yemen to Protect GCC/Saudi Navies from Flip Flop Warriors

by John Galt October 3, 2016 20:30 ET Beware the power of the shower slippers. Or beach flip-flops. Whatever it is they wear, apparently the Houthi have terrified the Kingdom of Saudi Arabia and the United Arab Emirates to the point where they demanded U.S. Naval protection so they can bring more death to the civilians of Yemen (via FoxNews): US warships sent to area where Iran-backed rebels attacked Saudi-led coalition ship (excerpted) The U.S. Navy dispatched three warships near the southern coast of Yemen after four rockets hit and nearly…


The Unofficial 2016 1st Presidential Debate Drinking Game Rules: Bullfest 2016

by John Galt September 26, 2016 17:00 ET Yup, the theme tonight is “don’t say facts, say bull!” Here is the Fox News live video link for the program tonight: Welcome to Bullfest 2016, America’s every 4 year fertilizer spreading festival known as the Presidential Debates. In the Blue corner, we have the nastiest woman alive, willing to kill soldiers, lawyers, and interns to stay in power regardless of how much bonking her husband engages in and regardless if they are of legal age or not. Her qualifications are that she…


China Taunts Japan Again with 8 Planes Flying by Okinawa Near Disputed Territory

by John Galt September 25, 2016 20:30 ET Earlier today, the Chinese government used their joint naval exercise with the Russian Navy to send a message to Japan by flying 8 aircraft into the disputed region around Okinawa and the Senkaku Islands. Needless to say the Japanese media exhibited the government’s displeasure (via NHK): 8 Chinese military planes fly off Okinawa Japanese defense officials say 8 Chinese military planes flew off Okinawa, southern Japan, on Sunday, going back and forth between the East China Sea and the Pacific. They say fighters…


Russia Launches Massive Nuclear Strategic Exercise today with 1,700 Items of Hardware

by John Galt September 22, 2016 21:40 ET The story of Russian military exercises today is becoming a daily occurrence but the show put on today was extraordinary for the scope and locations of some of Russia’s Strategic Nuclear forces used in today’s drill. From ITAR-TASS: Over 60 Topol, Topol-M, Yars missile launchers taking part in Russia’s large-scale drills MOSCOW, September 22. /TASS. Over 60 standalone Topol, Topol-M and Yars missile launchers are making “intensive maneuvers” on combat patrol routes from the Tver Region to the Irkutsk Region, Russia’s Defense Ministry…


What the Federal Reserve Really Said Today: We Despise Trump

by John Galt September 21, 2016 19:20 ET The Federal Reserve Open Market Committee (FOMC) issued their statement on interest rates and the always wrong economic outlook at 2 p.m. today (From the Federal Reserve webpage): Release Date: September 21, 2016 For release at 2:00 p.m. EDT Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and growth of economic activity has picked up from the modest pace seen in the first half of this year. Although the unemployment rate…


Look for Russia to Impose a No-Fly Zone for U.S. Forces over Syria

by John Galt September 17, 2016 18:15 ET Over a year ago I published a map where I thought Russia might impose a so-called “No-Fly Zone” over parts of Syria to block pro-U.S. coalition aircraft from operating. That was on September 9, 2015: That zone is no longer relevant after today. The Russian Federation, despite what the morons in D.C. thinks, does not like to be humiliated nor lied to and the United States under President Obama and Secretary of State John Kerry have betrayed President Vladimir Putin for the last…


When You See Stories Like This, the Market Top is In

by John Galt September 16, 2016 19:50 ET When you see stories like this one (via Business Insider): Yeah, it usually means the market top is in. When the pie in the sky insanity after years of predicting market crashes and booms winds down to the end of the a credit and business cycle, the insane stories start to appear attributing rallies to elections, Issac Newton, Trump’s belly button lint, or the length and duration of Hillary Clinton’s Parkinson seizures. The truth sucks but God forbid the pump and dumpers tell…


Sandbagging, Fraud, and a $124.6 Million Bonus for this Performance from Wells Fargo

by John Galt September 12, 2016 19:45 ET Apparently Wells Fargo has adopted this as their corporate philosophy: Yeah, it’s that bad. Via Gizmodo today: Wells Fargo Executive Linked To Scam Gets $124.6 Million Payday Yup, you read that right boys and girls. You can oversee the commitment of gross and obvious fraud against 2 million customers and get paid damned well. A brief excerpt from the article: Wells Fargo executive Carrie Tolstedt will receive a $124.6 million payday when she retires at the end of this year, despite overseeing the…


The Bull Market is Now Officially Over

by John Galt September 10, 2016 22:20 ET Before I go into any great details as to why I think this horrid bull market is over, albeit horrid only because it is Federal Reserve purchased and promoted bull, I wish to review the markets at the end of trading this past Friday, September 9 (courtesy of the Wall Street Journal). How bad was it really? -NYSE down ratio of 13:1 on 4.3 billion shares -Nasdaq down radio 6:1 on 2.18 billion shares meaning it could have been worse -Dow Transports down…


The Japanese People Want a Harder Stance Towards China

by John Galt August 28, 2016 17:50 ET The American people continue to slumber through their summer of heat, discontent, and insane politics while the rest of the world appears to be posturing for a major war. The Senkaku Islands dispute heated up recently when the Chinese sent hundreds of fishing vessels with Coast Guard escorts into the disputed waters. This had the intended effect of illustrating that the United States was impotent in this affair and that the Japanese government would not act or react without America’s tacit approval. Last…


No Matter What Janet Yellen Says, She Will Trigger this Outcome

by John Galt August 26, 2016 05:15 ET Maximum pain is on the way. What is about to hit could have been avoided, but knowing the pragmatic nature of central bankers they will simply state what they think the markets and world wants to hear. This time it is different. Between what she says at Jackson Hole today, which will be released at 10 a.m. ET, and the news slowly leaking out of Europe, by the time we get to the October surprise for the markets, all hell will be breaking…


Japan Releases Video of China Violating Senkaku Islands Territory with Coast Guard and Fishing Vessels (Video)

by John Galt August 16, 2016 20:40 ET The fires in Turkey are still simmering, the firefights in the Ukraine continuing, the bombing and artillery exchanges accelerating as the Syrian offensive increases near Aleppo, and of course now, the Chinese government sends a fleet of commercial fishing boats estimated to be in number between 200-300 with an estimated 28 armed Chinese Coast Guard ships into the disputed waters around the Senkaku Islands. Too add fuel to this fire, the Japanese Coast Guard posted video of the incursion on its website according…



Did Europe Just Witness an August 1939 Von Ribbentrop Moment?

by John Galt August 16, 2016 04:00 ET On August 23, 1939, the Foreign Ministers of Germany and Russia, Ribbentrop and Molotov, signed an extensive non-aggression pact which resulted in the future de facto division of Poland and surrender of all German claims to the Baltic states and some Romanian border territories in exchange for Germany having a free hand to deal with what they called the “Polish Problem” of that moment in history. Nine days later the world was introduced to Blitzkrieg, total war, and an overwhelming modern invasion of…


Welcome Back to the Stock Market Toppy, Top, Top, of Toppiness

by John Galt August 15, 2016 20:15 ET Yeah, okay, maybe not the best version of the song, but I think my readers understand my point. The S&P 500 closed at another already record super duper CNBCgasm high today on low volume and a very questionable economic and technical structure. Just like it did in 2007. While the insanity with in the major indexes reflect a mania, a bubble, a parabolic blow off, etc., etc., the off the radar investment warning signs are everywhere with dark pool deals which would make…


Why the CIA, Saudi Arabia, and Qatar are Furious about Erdogan’s Russian Rapprochement

by John Galt August 14, 2016 23:00 ET Deep inside the bowels of Langley, Riyadh, and Doha, there are some furious individuals who thought their establishment of disorder and conflict would result in a new world order that eradicated those foes who failed to fall in line with their program would be destroyed economically. Instead, the tables have now been turned and the CIA, Saudi Arabia, and Qatar are now facing the most embarrassing reversal of fortune since America’s withdrawal from Saigon. The plan was simple: After Bashir Al-Assad, the dictator…


George Soros Apparently Wants Unlimited Terrorist Migration from the Middle East

by John Galt August 14, 2016 20:45 ET A little known organization called DC Leaks which apparently has access to the hacker community has published reams of documents from George Soros’ Open Society Foundations and other so called NGO (Non-Government Organizations) which he and his associates have used to influence elections, foreign policy, and in some cases apparently open revolution and conflict. One of the more stunning revelations comes from an August 16, 2015 document which highlighted global opportunities around the world; one of which is pretty black and white for…


Some Disturbing Pieces of Intel Possibly Relating to Upcoming Russian-Ukraine War

by John Galt August 10, 2016 17:50 ET I don’t know if this is any indication of something wicked this way coming but this maritime traffic map indicated in the embedded Tweet seems to indicate a massive increase in supplies to Kerch in the Crimea which is the primary Russian military base on the east side of the Crimean Peninsula. Cargo and tanker transport into/out of Kerch,Taganrog and Rostov on Don looks like rush hour. Never seen so packed pic.twitter.com/oHX4WbVc1x — DWS Intel (@DWSIntel) August 10, 2016 If this is an…


Marc Faber Sends a Chilling Warning: S&P 500 Could Decline 50%

by John Galt August 9, 2016 18:40 ET Marc Faber, often referred to as “Dr. Doom” among many other nicknames from the bulls who hate it when he turns super bearish (and some when he turns bullish for that matter), was on CNBC earlier today and dropped this bomb on the pump-and-dump stock infomercial network: For the mathematically challenged and government employees who might have heard what he said but failed to comprehend, that would put the S&P 500 around 1100 and the Dow Jones Industrial Average somewhere between 9,000 and…


6 Years Later the PIIGS and Europe Still Wallow in Bear Markets

by John Galt July 31, 2016 10:00 ET Everything is great. All is quiet on the Western Front, Eastern Front, and Main Street economies with sluggish growth but new all time highs in key equity markets promoted for television purposes. The problems in Portugal, Ireland, Italy, Greece, and Spain are solved because CNBCCNNFBNFNCBBG does not want to cover them on a daily basis. Hence it’s all awesome: Right? Despite the fact that the over indebted United States has managed to hyperinflate its way into a new all time high in equity…


If China’s Big Mama’s are Buying Precious Metals, Why Aren’t YOU?

by John Galt July 17, 2016 21:45 ET The “Big Mothers” in China are buying gold in much larger quantities because they expect global instability and currency rate disruptions No, no, no, not that Big Mama, more like the women shopping here: The truth is astonishing as this story tonight from the South China Morning Post reveals: Hong Kong hits the jackpot as mainland China’s ‘Big mothers’ hoard gold amid troubled times Excerpt: Chinese customs data released last week showed imports from Hong Kong to the mainland increased in May mainly…


British Government Blocked U.S. from Pressing Money Laundering Charges against HSBC

by John Galt July 11, 2016 17:55 ET Just when one thinks crime does pay after the Hillary Clinton fiasco and blatant corruption illustrated within our F.B.I. and Department of Justice, along comes this blockbuster story from the United Kingdom via the UK Guardian tonight: HSBC escaped US money-laundering charges after UK intervention How bad was the corruption to prevent actual prosecution? Check out this excerpt from the article which would make US banksters blush: The US government decided not to pursue criminal charges against HSBC for allowing terrorists and drug…


Meet the Swaption Another $25 Trillion Time Bomb

by John Galt July 11, 2016 00:15 ET Wow. Another all time high in the S&P 500, just like 2007: In June of 2007, the S&P 500 hit an all time high price even as Bear Stearns was bailing out two major hedge funds which imploded due to the real estate crisis and complex derivative investment instruments (via the Wall Street Journal in 2007): Two Big Funds At Bear Stearns Face Shutdown Two big hedge funds at Bear Stearns Cos. were close to being shut down last night as a rescue…


Deutsche Bank Implodes to New Record Low Prices in Europe

by John Galt July 6, 2016 05:30 ET Whatever caused the snap, kerplunk, or “BOOM” at 04:30 ET this morning, it has continued with Deutsche Bank deteriorating rapidly now down over 5% in European trading: Whatever is happening, it has driven the German 10 Year Bund to a record -0.20% and the US 10 Year Treasury yield to new record lows close to 1.320%! Somewhere the smart money knows there is a major shoe about to drop, be it Italy, the United States, or Asia and they understand that it will…


The Shellacking Continues as Britain is Just the Tip of the Real Estate Iceberg

by John Galt July 5, 2016 20:50 ET The absolutely bull whipping of investors in foreign real estate continued today as 2 more property funds in the United Kingdom froze redemptions after Standard Life started the ball rolling on July 4th. M&G became the third company to shut down redemptions from its property fund as it stated (via Bloomberg): “Investor redemptions in the fund have risen markedly because of the high levels of uncertainty in the U.K. commercial property market since the outcome of the European Union referendum. Redemptions have now…


Brexit is the Bear Stearns/Lehman Bros. Moment

by John Galt July 4, 2016 17:40 ET The United States equity and bond markets resume trading on Tuesday July 5th, but whoa be it for those who are unprepared. Tonight the breaking news in the English media indicates that Brexit is not only a Bear Stearns v2.0 Moment as ZeroHedge puts it, but in fact could be a lot worse. The details have made it to the front pages of the U.K. press, starting with the Guardian: Standard Life shuts property fund amid rush of Brexit withdrawals Excerpted: Investors in…



Ignore Today’s Stock Market, Watch the Smart Money

by John Galt June 28, 2016 21:30 ET Poindexter and the rest of the nerds are trying to send you a message. Can you hear them? Maybe this will help: The oversold market finally had a dead cat bounce. Why does anyone with a brain call it that? Look at the volume last Friday: Today’s “rally” was not even close to the panic selling levels nor yesterday’s volume totals. So what indicators are telling the truth about the equity markets? The smart money; which does it every time during every crash…



06.27 Market Deathburger: The EuroCarnage Continues after Brexit

by John Galt June 26, 2 016 15:30 ET I shall keep this as a running update as trading and markets open. Needless to say, currency markets in Asia have opened and the carnage continues unabated so look for Bank of Japan and Swiss intervention soon enough. 05:00 ET – While equity futures are not indicating panic, the bond market is screaming a move into safety. This could be another long day and the key level to watch on the S&P 500 is 2020 as a violation of that figure at…


Spainaggedon Election: Pro-EU Mainstream Parties INCREASE Seats but no Clear Majority

by John Galt June 26, 2016 08:30 ET Sometimes the bull gets you, sometimes you get to sprinkle some A-1 Steak Sauce on him when he’s medium rare. Today we find out if Spanish voters are inspired by the Brexit vote to take a strong stand against the European Union’s insane bankster inspired austerity programs which are running in parallel to the banking bailout which has done nothing to help the average Spanish citizen to improve their standard of living in over a decade. Sound familiar? I shall try to keep…


Middle East Markets Hit Hard but Stabilized on Sunday after Brexit Vote

by John Galt June 26, 2016 11:00 ET The running theme in equity markets around the world has been to panic, sell, and pray for some sort of government intervention. In the Middle East that is no different except the intervention must come from the monarchies not from central banksters and indeed that is what happened throughout the Gulf Cooperation Council (GCC) nations today. The interesting pattern in all the charts is massive selling on the open and some recovery towards the close however in those nations where the royal families…


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