1…………> Gate To A Narco State: LA
LA Fashion District business Pacific Eurotex Corp. and its owners – Morad “Ben” Neman and Hersel Neman – pleaded guilty to federal charges in an indictment that accused them of using the business “Black Market Peso Exchange” schemes to launder narcotics proceeds for international drug cartels, an import-export textile business, money laundering and tax charges.
The defendants admitted in court documents that they failed to report to federal authorities the receipt of this bulk cash, and that they “structured” frequent deposits of the cash, in amounts less than $10,000, to avoid a bank reporting requirement that would have drawn the scrutiny of law enforcement. The Nemans also pleaded guilty to conspiring to defraud the United States by maintaining two sets of business records in order to conceal income for tax purposes.
A “Black Market Peso Exchange” scheme is designed to assist drug traffickers who have United States currency that they want to send to a foreign country, such as Mexico, and convert into pesos. As part of the scheme, a broker finds business owners in the foreign country who buy goods from U.S. companies and who need dollars to pay for those goods. The broker arranges for the illegally obtained dollars to be delivered to the United States-based vendors, such as Pacific Eurotex, and these illegally obtained dollars are used to pay for the goods purchased by the foreign customers. Once the goods are shipped to the foreign country and sold by the foreign business, the pesos are turned over to the broker, who then pays the drug trafficker in the local currency of the foreign country, thus completing the laundering of the illegally obtained dollars.
2…………> Peso Shake-up:MX
As reported previously on this blog, President Trump tax cut bill is affecting global monetary flows, in this case the Mexican peso that forced the Central bank The Bank of México (Banxico) auctioned off an unscheduled US $500 million in foreign exchange hedges, a measure designed to ease pressure on the peso. But it only provided brief respite before the currency slumped again to end the day at 20.15 pesos per dollar.
“With the objective of fostering better liquidity conditions, better price discovery and orderly operation [of the exchange market], the commission has decided to instruct the Bank of México to sell exchangeable currency hedges today [yesterday] for the value in national currency of US $500 million,” it said.
https://mexiconewsdaily.com/news/central-bank-auction-fails-support-peso/
3…………> On The Tip Of The Needle: Syria
Russian Armed Forces Air Defense Troops commander said that US Air Force aircraft in eastern Syria were multiple times detected and automatically followed. US warplanes operating in eastern Syria were multiple times in crosshairs of a Russian S-300V4 air defense system, and reacted “nervously” to being tracked by Russia’s air defense unit from the distance of 200 to 300 kilometers (124 to 186 miles).
“As part of its military operations, US Air Force strategic reconnaissance planes and bombers were multiple times detected and automatically followed,” according to Russian DOD.
https://sputniknews.com/middleeast/201712281060368864-russia-misile-tracked-usa-jets/
4…………> Mr. Xi Spetsnaz: A Video
A frightful close-up view of Chinese Navy Special Forces.
5…………> Market Report 12/27/2017, sell stop 24,600, 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 24600 for a spectacular gain of 1040 DIA points.
Stock market old timers have said that “you buy the rumor, and sell the news”, and that is exactly what is happening right now, with Democrats screaming murder as a close look at the new tax bill 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 with the mortgage deduction for state and local taxes set at only $10,000 per return, 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 28 to 24774, DJ futures at +6.
Gold up to 1293.2 and USD/CHF down to 0.9856 due to tax bill passage. 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 24,600. 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.
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