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Apil 25, 2018 - pt2

Wednesday, April 25, 2018


JESSE: Precious Metals Options Expiration - Le Voilà

Stocks were on another wild ride today, as earnings are coming in well thanks to the big tax cut for corporations, but going forward growth is hard to justify.  A lack of organic growth in the non-subsidized economy may be discouraging organic demand.   The upward redistribution of wealth continues to suck the very life out of the real economy.  Never was so much owed by so few to so many.  Gold and silver were off a bit on the expiration as the Dollar, or is it King Dollar, rallied back to a short term high.  Have a pleasant evening.... http://jessescrossroadscafe.blogspot.com/2018/04 
This Is A Slow Process. Don’t Get Caught In The Daily Swings And BS Dollar Rallies.
4/25/18. Post Market Wrap Up PLUS: Schizo Market? Get Used To It. By Gregory Mannarino

Treasury Sells 5Y Paper At Highest Yield Since Sept 2008 To Lukewarm Demand

If yesterday's 2Y auction was ugly, with poor bidside demand, today's 5Y was at worst average.

‘OK, I’ll say it: bitcoin is a scam,’ says the former CEO of PayPal and Intuit

......‘It’s a colossal pump-and-dump scheme, the likes of which the world has never seen... the losers are ill-informed buyers caught up in the spiral of greed. The result is a massive transfer of wealth from ordinary families to internet promoters.’......He went on to refute all the reasons promoters claim it has value. It’s not a means of payment since it’s accepted almost nowhere, he said. Bitcoin’s BTCUSD, -4.33%extreme volatility makes it undesirable as a store of value. And finally, he said its perceived value is merely an example of the Greater Fool Theory.  “Cryptocurrency is best-suited for one use: Criminal activity,” Harris said, pointing to the likes of Silk Road and WannaCry ransomware. What’s more, even the regular users are flouting the law, he says, by avoiding paying taxes on every sale.... “All of this would be a comic sideshow if innocent people weren’t at risk,” he said. “But ordinary people are investing some of their life savings in cryptocurrency.”  In conclusion, he called on the SEC and other regulators to step in. “It’s time we gave them the legislative authority to do their job,” he said. .... https://www.marketwatch.com/story/this-is-the-greatest-scam-ever-according-to-former-ceo-of-both-paypal-and-intuit-2018-04-24 

As Trade War Escalates, China Fears Being "Outflanked" By US In North Korea

"Any bilateral deals could take place at China’s expense if Beijing doesn’t have a seat at the table..."

Turkey and Russia Highlight Gold’s Role as a Strategically Important Asset

On 17 April, Turkish news publication Ahval published a report stating that during 2017, Turkey withdrew 26.8 tonnes of gold that it had stored in the vaults of the New York Federal Reserve, and moved this gold under the custodianship of the Bank of England and the Bank for International Settlements (BIS).  The source of the Ahval report was a Turkish language article from the popular Hürriyet newspaper in Turkey. According to the Hürriyet report, also dated 17 April, which reported on the latest annual report of the Turkish Central Bank (Türkiye Cumhuriyet Merkez Bankası), Turkey’s central bank increased its gold holdings by 83.3 tonnes during 2017, 37.7 tonnes of which it purchased in the gold trading market of Borsa Istanbul, Turkey’s securities and precious metals exchange.  But of most interest, according to Hürriyet, was that the Turkish central bank also withdrew 28.6 tonnes of gold from the New York Federal Reserve in what it called a ‘complete reset‘, implying that this 28.6 tonnes of gold was the total gold holding that the Turkish central bank stored with the New York Fed at that time. The gold withdrawn from the Fed was then placed with the Bank of England and the BIS. Hürriyet portrays this gold movement as a ‘diplomatic crisis‘ between Turkey and the US, connected to potential military operations by the US against Syria..... https://www.bullionstar.com/blogs/ronan-manly/turkey-russia-highlight-golds-role-strategically-important-asset/ 

UNSEALED: HRC, Uranium 1, Comey, BUNDY Ranch, M_rder #CASE1:16-cv-01490-LEK-DJS

 Is this the 1st unsealed indictment connecting Hillary to U1? It appears so. It turns out the assault on the Hammond Ranch in Southern OR and the Bundy Ranch in Norther NV was connected to the Uranium 1 deal, which resulted in one death and multiple false imprisonments.   https://www.youtube.com/watch?time_continue=144&v=1BeG-wVcWsk   Here is the link to the full document: https://download.wunderlist.io/21ccbe... 

Where Is The Shame? by Paul Craig Roberts

Now that the Trump, May, and Macron regimes have proven beyond all doubt that they are lawless war criminal regimes, what is next?Will the Russian president and foreign minister continue to speak of “our Western partners” and seek common ground with proven lawless war criminals? What would that common ground be?  How can other governments accept the US, UK, and French governments that intentionally lied about a Russian chemical attack on the Skripals and about a Syrian chemical attack on Douma, risking a third world war, and then themselves attacking Syria on the basis of a transparent lie unsupported by any evidence? How exactly do you conduct diplomatic relations with war criminals?  You don’t. You put them on trial. Why aren’t Trump, May, and Macron on trial?......  https://www.paulcraigroberts.org/2018/04/24/where-is-the-shame/ 

US Military Officers: The Last Source of Decency in America

As many as 109 retired US generals and admirals urged lawmakers to reject Gina Haspel’s nomination as CIA director for being “intimately involved in torture,” and to declassify her role in the notorious interrogation program. Haspel, a career intelligence officer nicknamed the ‘queen of torture’ in some US media, should not be appointed as director of the CIA, the retired US military leaders argued in a letter addressed to lawmakers. Generals and admirals who signed the petition said there were troubled by the prospect “of someone who appears to have been intimately involved in torture” being elevated to a top position in the US intelligence community. The letter was published on the Human Rights First website on Monday. Among the notable signatories are chief of US Transportation Command Walter Kross, former commander of US Army Europe David Maddox, former Marine Corps Commandant Charles Krulak, and Lee Gunn, former Inspector General of the Department of the Navy...  https://www.rt.com/usa/425029-us-generals-oppose-haspel/
Is The U.S. Government Evil? You Tell Me by John Whitehead

This is a government that treats its citizens like faceless statistics and economic units to be bought, sold, bartered, traded, tracked, tortured, and eventually eliminated once they’ve outgrown their usefulness. This is a government that treats human beings like lab rats to be caged, branded, experimented upon, and then discarded and left to suffer from the after-effects. This is a government that repeatedly lies, cheats, steals, spies, kills, maims, enslaves, breaks the laws, overreaches its authority, and abuses its power at almost every turn. This is a government that wages wars for profit, jails its own people for profit, and then turns a blind eye and a deaf ear while its henchmen rape and kill and pillage. No, this is not a government that can be trusted to do what is right or moral or humane or honorable but instead seems to gravitate towards corruption, malevolence, misconduct, greed, cruelty, brutality and injustice. This is not a government you should trust with your life, your loved ones, your livelihood or your freedoms. This is the face of evil, disguised as a democracy, sold to the people as an institution that has their best interests at heart. Don’t fall for the lie...... https://www.rutherford.org/publications_resources/john_whiteheads_commentary/is_the_u.s._government_evil_you_tell_me_short  

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