1…………> Mental Health Fraud: Miami
Samuel Konell, 70, of Boca Raton, Florida pleaded guilty for his role in a $63 million mental health care conspiracy to defraud the United States with a now-defunct community mental health center located in Miami that purported to provide partial hospitalization program (PHP) services to individuals suffering from mental illness.
Specifically, Konell admitted that he coordinated with criminal defendants in the state court system to obtain court orders for mental health treatment in lieu of incarceration so that Konell could refer those individuals to Greater Miami to serve as patients in return for kickbacks and/or bribes. Konell further admitted that he did so knowing that certain of those individuals were not mentally ill or otherwise did not meet the criteria for PHP treatment.
https://www.justice.gov/opa/pr/miami-area-man-pleads-guilty-role-63-million-health-care-fraud-scheme
2………..> Sex Trafficking: Boston
Rashad Sabree, 37, of Boston, Massachusetts, was charged with two counts of sex trafficking by force, fraud, or coercion, two counts of kidnapping, and one count of interstate transportation for purposes of prostitution, using force, fraud, and coercion to cause two women to engage in commercial sex acts in Maine before attempting to drive them to Massachusetts against their will.
https://www.justice.gov/opa/pr/massachusetts-man-charged-sex-trafficking-and-kidnapping
3…………> On Brink Of Civil War: Mexico
For country of Mexico 2017 will become the worst year on record, a distinction currently held by 2011 when homicides totaled 22,855, with the number of homicides in the first 10 months of this year was 20,878, 23.6% more than the same period last year.
Based on homicides per 100,000 population, the state of Colima led all of Mexico with a rate of 75.4, followed by Guerrero with 53.3. Baja California Sur took third place with 50.5, a 178% increase over last year.
http://mexiconewsdaily.com/news/october-homicides-break-junes-record/
4…………> Nigeria Carnage: Terror Attack
A teenage bomber detonated his explosives vest early on Tuesday in Adamawa state as people were arriving for morning prayers, killing at least 50 people, critically injuring 8 and leaving more than 30 others in a stable condition at a mosque in the north-eastern Nigerian town of Mubi. The attack bears the hallmark of terror group Boko Haram, which typically mounts suicide attacks in crowded public places, an insurgency war in north-east Nigeria since 2009 trying to create an Islamic state, a war that had killed more than 20,000 and forced 2 million people to flee their homes.
5…………> Connecting The Dots: AG Sessions
“I am directing the Federal Bureau of Investigation and the Bureau of Alcohol, Tobacco, Firearms and Explosives to take the following actions: work with the Department of Defense to identify and resolve any issues with the military reporting of convictions,” a memorandum by AG Jeff Sessions stated, in reaction to the most recent mass shooting in Sutherland Springs, Texas, which revealed the US Air Force had failed to report the gunman’s past criminal offenses.
Our short position was covered at DIA 21800 for a gain of 50 points and a new position established at 21850, sell stop 21800 closed for a loss of 50 DIA points. A new short position was established at 21850, cover short stop at 21800 for a gain of 50 DIA points was closed and a new long position established at 21800, sell stop 23450 closed at the market 23450 for a spectacular gain of 1769 DIA points, and total cumulative gain for 2017 of 5869 points or 25% annual return. The short position at 23450 was covered at a profit of 50 DIA points. Our new position is long DIA at 23450, sell stop triggered at 23500 for a gain of 50 DIA points.
The market penetrated the 23450 support level and collapsed down to 23358 level, an indication that “Yellen’s bulls” are running away from the market in expectation of tighter credit and less support by the new Fed chief Powell. Then the news that US House has passed a tax bill reignited the bullish sentiment and led to 200 points reversal.
The market was flat after Yellen’s firing from the Fed, so the ominous plan of balance sheet contraction that will dump 600 billion of Obama’s monetary septic tank securities on the market every quarter is clearly on hold, a move suggesting flat interest rates due to flat dollar that would surely bleed the profits of the multinationals. The budget deficit for the last 8 months is 460 billion, in line with Obama’s and the GOP planned country wide tax cuts will explode it to new highs. All this dance and song ignores Comrade Un’s playing with matches supplied by Mr.Xi, and there are talks that that Saudi Arabia may be forced to peg the oil price to Chinese yuan, a decision that will unleash a deluge of paper dollars. Yet like an insane inmate in an asylum beating its bloodied head in a stone wall, Yellen printing money is on hold for now, halting markets push upward and leading to formation of a gold price bottom. Last week President Trump put an end to all those speculations by appointing Jerome Powell as the next Fed chair, finally showing Obama’s not so secret weapon Janet Yellen the door, a decision met with a cautious rally on Wall Street. 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.
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Stocks down 65 to 23526, DJ futures at +11.
Gold up to 1289.5 due market breaking supports, and USD/CHF down to 0.9814 due of Yellen’s removal. 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 23,500. 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 last week 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.
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