1…………> Market Report 12/13/2017, sell stop 24,300, CG(-60), 11/22/16 Short position closed at 23560, for a loss of 60 DIA points, with a new position long 23560, sell stop 24300 for a gain of 740 DIA points. A close look at the new budget indicates that states like California and New York who have been leading the fight to dethrone or impeach Trump may be in for a nasty surprise if the mortgage deduction is phased out, leaving millions of mansions above $500,000 with a hefty uptick in mortgage payment, a sure prelude to a crash.
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We warned that it appears there is organized attempt to remove President Trump from office and if this activity is not curtailed soon, market will open on gap below 20,000 with next stop 17300 and 11800 support levels.
Stocks were up 81 to 24585, DJ futures at 12.
Gold reversed to 1260.7 and USD/CHF collapsed to 0.9846 due to Alabama election fears. Translation? As the dollar goes down, we have to wait and see if the new Fed Chair Jerome Powell will continue pressuring gold and the Eurasian block with it down below $1000/oz in an economic WW3. Watch sell stop at 24,300. The real shocker bibi1581.com had been predicting for months, the relentless treachery of dedicated CFR, Soros Planetary Commission and KBI(Koch Bureau of Investigation) soldiers Paul “Granny Crusher” Ryan and Mitch “Harry’s Twin” McConnell became evident weeks ago when none of Trump’s grandiose projects were passed by the criminal consortium of Establishment GOP and Unified Party USA. Clearly defrauded and offended President Trump has now made a deal with Nancy Schumer and Charles Pelosi to fund the government for three months and get a relief for Harvey’s victims down in Texas, something that does not bode well for the future of GOP.
We have to wait and see if new Fed chair Powell will attempts to destroy Eurasian block by sending gold prices below 1000, despite the fact both Russia and China have been buying their whole gold production in local gold backed currency instead of money printing machines. In other words, US has lost controls of the precious metals complex, and with Trump’s infrastructure and tax cut campaign the National debt will soon be at, or over 30 trillion dollars, since D.C. swamp alligators have no intention dropping their pet projects. Read “Ziban Must Die” for more details on the coming collision of Trump’s administration with “Deep State” operators funded by the billionaires supporters of the New World Disorder.
2…………> Social Media: A Path To Destruction
Former Facebook VP Chamath Palihapitiya gave a talk at Stanford criticizing the way the app works, suggesting that “The short-term, dopamine-driven feedback loops [using Facebook creates] … are destroying how society works,”a claim that immediately drew a statement from the company that said in part, “We’ve done a lot of work and research with outside experts and academics to understand the effects of our service on well being, and we’re using it to inform our product development.”
The real question is as follows: Has Facebook become an international monster that is using the most private thoughts and aspirations of its followers to create and foster econometric models that rips apart the privacy of the human being and turns it into an ad controlled robot, with one purpose and one purpose only: Create enormously profitable “buy clicks” that continue sending billions of dollars to Zukerberg coffers?
3…………> The Wonder Of You: Gurlitt
The persecution of ‘degenerate artists’ and Jewish collectors and dealers under the Nazi regime created a dialectic contradiction that created the circumstances which allowed Hildebrand Gurlitt to build his collection of almost 1500 artworks named ‘Munich Art Hoard’, including examples by Picasso, Munch, Matisse, Kirchner and Klee in his private galleries. The priceless discovery stunned the art world in 2012, when his hoard was located at the Kunstmuseum in Bern, Switzerland, with the understanding that the works be examined and any looted art returned to the heirs of the original owners.
4…………..> East Jerusalem: Palestine Capital?
A summit of Islamic nations has issued a unified response to counter the US recognition of Jerusalem as Israel’s capital, declaring ‘East Jerusalem as the capital of the State of Palestine’ in a draft draft declaration has also called on the US to withdraw from the Middle East peace process.
5…………> No More Fossil Fuels: World Bank
In what some commentators have called
a “seismic shift” towards renewable energy, the World Bank has announced it will stop funding oil and gas projects starting 2019.
“In exceptional circumstances, consideration will be given to financing upstream gas in the poorest countries where there is a clear benefit in terms of energy access for the poor and the project fits within the countries’ Paris Agreement commitments,” the World Bank President Jim Yong Kim, clarified his institution’s position.
Does that mean that the millions of clunkers polluting world’s cities and causing global temperature to raise will be denied license plates? How about all those airplanes shuttling people and cargo and dumping millions of tons of CO2 in the atmosphere along the way, will they be required to switch to LNG or else? The real question is, is there a force to crush the pollution caused by indiscriminate money printing by Central Banks in support of the so called “global economy”? When will mankind awakens to the realization that the creation of “mega billionaires” by a one dimensional Keynesian experiment of banking charlatans is clear and present danger to us all?
Good try Mr. Kim, but the answer is “no”. Only a good size stock market crash will flush the economic system out of all morons and sends us all to a stable and pollution free recovery.