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Bibi1581.com Blog For 05/02/2019: Evening Edition

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1…………> Today’s White House Tweets

 

Donald J. Trump’s Tweets
Donald J. Trump @realDonaldTrump · 1h

Thank you, working hard! #MAGA Image 6.9K 8.3K 34.3K

Donald J. Trump

@realDonaldTrump · 2h

Proclamation on Days of Remembrance of Victims of the Holocaust: (link: www.whitehouse.gov/presidential-actions/proclamation-days-remembrance-victims-holocaust-2019/) whitehouse.gov/presidential-a[2]…

Image 2.2K 5.8K 21.5K

Donald J. Trump

@realDonaldTrump · 5h

 

Congrats to @U_S_Steel for investing $1+ BILLION in America’s most INNOVATIVE steel mill. 232 Tariffs make Pennsylvania and USA more prosperous/secure by bringing Steel and Aluminum industries BACK. Tariffs are working. Pittsburgh is again The Steel City. USA Economy is BOOMING! Quote Tweet
U. S. Steel @U_S_Steel · 13h

To secure the future of #steelmaking and #mfg in Western #PA, we’re proud to invest in state-of-the-art technology to create an endless casting and rolling facility. This technology will make Mon Valley Works the first facility of this type in the US.

(link: www.ussteel.com/locations/mon-valley-works-investment) ussteel.com/locations/mon-[3]…

 

2…………> Massive Insurance Fraud: Long Island

 

Andrew Scherr, 50, of Livingston, New Jersey, and Robert McGraw, 41, of Long Island City, New York, who were both executives with Southport Lane, LP (Southport), a New York private equity investment holding company specializing in managing investment portfolios for insurance companies, were each charged in an indictment filed in the Northern District of Texas with one count of conspiracy to commit crimes by or affecting persons engaged in the business of insurance, one count of conspiracy to commit wire fraud affecting a financial institution and five counts of wire fraud affecting a financial institution.  

  The indictment alleges that Scherr, McGraw and their co-conspirators defrauded insurance companies by causing them to exchange cash and other liquid, valuable assets for illiquid and fraudulently overvalued securities created by the defendants and their co-conspirators.

“According to the indictment unsealed today, Scherr and McGraw diverted hundreds of millions of dollars from insurance companies’ investment portfolios, leaving several companies unable to pay their policyholder claims,” said Assistant Attorney General Benczkowski.

  Scherr, McGraw and their co-conspirators allegedly used Southport and affiliated entities to create fraudulently overvalued securities and replace assets held by victim insurance companies with these fraudulently overvalued and illiquid securities.

 

www.justice.gov/opa/pr/two-men-charged-insurance-investment-fraud-scheme-caused-hundreds-millions-victim-losses

 

3…………> Applied Global Warming: India’s Massive Evacuation

 

India has accelerated efforts to evacuate more than a million people along its northeast coastline as a cyclone intensifies, and thousands of villagers are piling household possessions onto trucks before fleeing their homes, as Cyclone Fani, rated a category 4 storm, is generating winds of up to 180 kilometres per hour, with more than 800,000 people have evacuated from their homes so far.

In Paradip, television footage showed residents piling bicycles, sewing machines and gas cylinders onto small trucks and leaving for any of nearly 900 shelters supplied with food, water and medicines.

In total, about 1/2 million people are expected to be evacuated from low-lying areas of 15 districts in the eastern state of Odisha to cyclone shelters, schools and other buildings, authorities said
Cyclone Fani was churning up the Bay of Bengal about 275 kilometres from the Hindu temple town of Puri, where special trains were evacuating tourists and the beaches were empty.

 

www.abc.net.au/news/2019-05-03/india-mass-evacuation-ahead-of-cyclone/11076520

 

4…………> Dem’s Snowflakes Accuse Barr Of Lying: Battle Lines Drawn

 

One half of Dem’s Stan & Oli comedy duo, namely Nancy, “No, Amy is not my daughter” Schumer, has attacked AG Mr. Bill Barr for saying he was not aware of any complaints Mr. Mueller had about the attorney general’s four-page summary of his report: i.e. she is trying to find an egg under the rooster and dig some dirt on President Trump.

Her comments came a day after Mr. Barr’s testimony to a Senate panel about Special Counsel Robert Mueller’s report on Russia’s alleged meddling in 2016.

www.bbc.com/news/world-us-canada-48138433

 

5…………> Market Report for 05/02/2019: sell stop 26300:CG 4018, 11/21/2019

 

Stocks down 122 to 26308, DJ futures +16, rally continuing due to anti-tariff talks, and China spending 1 trillion dollars to buy US products.

Gold down to 1274.2 and USD/CHF at 0.98 due to 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 sell stop at 26300.

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 Disorder.

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