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Bibi1581 Blog For 03/22/2018: Evening Edition

1…………> Cocaine Bust: Puerto Rico

ICE Homeland Security Investigations (HSI), working jointly U.S. Customs and Border Protection’s (CBP) Caribbean Air and Marine Branch (CAMB) and the Puerto Rico Police Department (PRPD) seized  1,441 kilograms of cocaine in Vega Alta, a stash with an estimated street value of approximately $29 million.

On March 19, HSI Arecibo and CBP air units detected a 32-foot Century vessel north of Puerto Rico transporting what appeared to be bales of narcotics. HSI agents, with the assistance of PRPD’s air unit, responded to the area and witnessed when the vessel crew jumped out of the vessel and ran toward a wooded area followed by those part of the offloading crew. HSI special agents secured and seized the vessel and the 1,289 bricks of cocaine weighing 1,441 kilograms. A Dominican Republic national was arrested in conjunction with the seizure.

https://www.ice.gov/news/releases/ice-federal-and-local-partners-seize-1441-kilograms-cocaine-arrest-1

 

 

 

2……….> Obama’s Inheritance: Raising Rates

The Federal Reserve said it had decided to raise the rate by 0.25% to a target range of 1.5% to 1.75% due to strengthened economic outlook, and it would increase rates twice more this year, while changing the forecast for rate hikes in 2019 as Federal Reserve Chair Jerome “Jay” Powell warned about rising trade tensions.

What the talking heads in D.C. alligator infested swamp are not telling the American people is that the Fed under the “yes man and bootlicking” leadership of Janet Yellen extended $4.3 trillion dollars of money market credits in a clear violation of its mandate, and now are using this crime to sell $600 billion of paper bonds per quarter in the open markets to recoup their money, and on top of that use it as a weapon to crush the President Trump’s agenda at higher rates, producing a handsome profit at the same time. That’s why Yellen was kicked out of her Fed position, and that’s why Bibi1581.com has labeled her for the last few years as the “secret weapon” of our beloved 1st Muslim President, Grand Ayatollah Barack Obama.

 http://www.bbc.com/news/business-43489661

 

 

 

3…………>McMaster Out: Bolton In

Donald J. Trump

‪@realDonaldTrump

 I am pleased to announce that, effective 4/9/18, ‪@AmbJohnBolton will be my new National Security Advisor. I am very thankful for the service of General H.R. McMaster who has done an outstanding job & will always remain my friend. There will be an official contact handover on 4/9.

3:26 PM – Mar 22, 2018

36.3K people are talking about this

End of a Twitter post by @realDonaldTrump

President Donald Trump is replacing US National Security Adviser HR McMaster with Bush-era defense hawk and former United Nations ambassador John Bolton,69, a foreign policy adviser in Republican circles for decades in the administrations of Ronald Reagan, George HW Bush and George W Bush.

Bonnie Glaser, from the Washington-based Center for Strategic and International Studies, said: “Bolton has long supported regime change in North Korea and closer ties with Taiwan. Fasten your seatbelts.”

http://www.bbc.com/news/world-us-canada-43509695

 

 


4…………> Tariff Wars: China

For those of our readers who found time from their busy schedules to read Bibi1581.com stock market report, it was a very good day indeed, with a paper profit of 500 DIA points in our short position, while The Dow Jones ended the day at 23,957.89, a fall of 2.9% or 724.42 points – making it the fifth biggest points fall ever, and below the critical support level of 24,000, followed by the broader SP500 market that lost 2.5% or 68.24 points to 2,643.69, and the tech-heavy Nasdaq lost 2.4% or 178.61 points to finish at 7,166.68.

Translation?

Obama’s lapdogs who spent 8 long and profitable years under the criminal leadership of Fed chair Janet Yellen and her zero interest rates, today was the first time they got caught with their pants down, losing billions in the “back to normal” supply and demand markets of President Trump, after a news of a trade war with China seems to be inevitable.

China said it was ready to retaliate with “necessary measures” and said it would “fight to the end” in any tariff war with the US.

 http://www.bbc.com/news/business-43494001

 

 

 

5…………> Market Report 03/22/2018, cover shortstop 24200, CG(6892), 11/22/17

Short position at 24850 was covered for a gain of 50 DIA points, and new long position established at 24900, sell stop triggered at 25350 for a gain of 450 DIA points. Current position short at 25300, cover shortstop 24,700 was triggered for a gain of 600 DIA points, a closing position long 24750, sell stop triggered at 25100 for a gain of 350 DIA points.

New short position established at 25050 was covered at 24710 for a gain of 340 DIA points, and long position set at 24730 with sell stop at 24690 was closed for a loss of 40 DIA points.

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A new short position set at 24700 with a cover short stop at 24200 for a gain of 500 DIA points after markets closed below the psychologically important support level of 24,000.

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 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 the news that President Trump is about to start a metal tariff war, slapping 25% surcharge on steel and 10% on aluminum. DIA resistance is in the 27,000 area, with supports at 24135, 21354 and 18900 level, US dollar in a downtrend, resistance at 1.003319 CHF, support at .92 and 0.9: Gold in an uptrend, watch break resistance of 1377 to be taken soon. The massive Fed balance sheet contraction will result in a $600 billion dollars being dumped on the credit markets each quarter, a leftover of the horrendous $4.3 trillion money printing of Obama’s septic tank that will surely exert a severe pressure on stocks and financial assets.

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We warned long ago that an organized attempt to remove President Trump from office is underway, and if this activity is not curtailed soon, the market will open on gap below 20,000 with next stop 17300 and 11800 support levels.

Stocks were down 724 to 23958, DJ futures at -162

Gold up to 1344 and USD/CHF flat at 0.95 despite President Trump setting tariffs on Chinese products.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 cover short stop at 24200. We have to wait and see if new Fed chair Powell will attempt 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.

 

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