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Bibi1581.com Blog 11/29/2018: Evening Edition

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1…………> Today’s White House Tweets: President Trump

 

43 minutes ago

 

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2…………> Flash Floods: California Fire Country

 

“The roots and the bottoms of the utility poles are just kinds of swimming. It rained hard in a short amount of time, and this whole thing came up quickly,” that is how Rick Carhart, a spokesman with the California Department of Forestry and Fire Protection, commented on reports of flash flooding in areas that were not burned.

Flash flooding has hit a wildfire-scarred area of Northern California, with water rescue teams deployed to help people stranded in vehicles, as downpours hit Paradise; a city devastated in recent fires.

A reported 125 millimeters of rain fell in some areas in an hour, and authorities received reports of downed trees and power lines, followed by the Butte County Sheriff’s Department is ordering evacuations.

People were being taken to a church in Chico after a downpour in the Paradise area.

 

https://www.abc.net.au/news/2018-11-30/california-flash-flooding-hits-area-scarred-by-wildfire/10570230

 

 

3…………> Digital Divide: A Free Internet

 

A plan code-named the “LinkSure Swarm Constellation System” envisions 272 satellites set at different orbits and heights in order to span the entire globe, with a Chinese internet technology company announcing its intention to provide free satellite internet worldwide by 2026, joining companies like SpaceX, Facebook and Google in the mission to run a global internet service.

LinkSure will use 272 satellites at different orbits and heights to provide the service Facebook, SpaceX, and Google all have plans to offer global services with satellites Beijing has been attempting to increase global connectivity as part of its ‘Digital Silk Road.’

Shanghai-based company LinkSure Network, which says its mission is to bridge the world’s digital inequalities, unveiled on Tuesday the first satellite in their ambitious plan to ensure that everyone in the world can access the internet free of charge.

 

https://www.abc.net.au/news/2018-11-30/chinese-company-to-provide-free-internet-worldwide-by-2026/10568434

 

4…………> Trade Wars: A Respite Or A Disaster?

 

“I don’t know if I want to do it” and “I like the deal we have now,” President Trump told reporters at the White House that while China was interested in striking a deal, the stage could now be set for a possible escalation of the trade war between the two nations.

The high stakes “tariffs poker game” in this week’s G20 summit is in full view of a breathless world, where President Trump is due to meet China’s President Xi Jinping, with markets holding hopes that the meeting could open the way for recent threats by the US president have undermined a deal over trade between the two countries.

Only days before the summit in Argentina, President Trump said current tariff levels on $200 bn of Chinese imports would rise as planned, and also threatened tariffs on $267 bn of other Chinese exports to the US.

 

https://www.bbc.com/news/business-46312845  

 

 

5…………> Market Report 11/29/2018, sell stop 25000, CG(13,302), 11/22/17

Last long position sold at 25450, for again of 50 DIA points.

Short position  25400, cover short stop covered at 25350 for a gain of 50 DIA points.

Last position long 24800, sell stop 25700 closed for a gain of 900 points.

Closed position short 25366, cover short stop 24800 for a gain of 900 points.

Open position long 24800, sell stop 25000 for a gain of 200 points.

Stocks down 28 to 25339, DJ futures -8, attempt to stage a short covering rally continuing due to anti-tariff talks with China.

Gold up to 1224.5 and USD/CHF at 1.00 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 25000.
 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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