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June 18, 2019

Tuesday, June 18, 2019

Gold Rises In All Currencies – Gains 1.6% To £1,079/oz In GBP, Near 7 Year High

GoldCore Note Gold prices have risen in all currencies today and especially in British pounds with gold having risen 1.5% to £1,078/oz. Concerns regarding the weak UK economy and Brexit fears continue to weigh on sterling. More loose monetary policies are making gold attractive again as are the elevated economic and geopolitical risks which are leading to safe haven demand. Gold has gained more than 6%, since touching a 2019 low of $1,265.85 in early May, due to these risks... https://news.goldcore.com/us/gold-blog/gold-rises-in-all-currencies-nears-7-year-high-in-gbp-at-1079-oz/
 
Markets are being Lulled into a False Sense of Accommodation
Those who take an interest in the actions of central banks will know that the advent of Brexit and Donald Trump’s presidency has seen the direction of monetary policy gradually change in both the UK and the U.S.  Since the EU referendum, the Bank of England have raised interest rates twice, after initially cutting them and implementing a new round of quantitative easing in the aftermath of the vote. The first rate hike in November 2017 came over a decade since the bank last increased rates in July 2007.

A month after Donald Trump was confirmed as the 45th American president, the Federal Reserve raised rates for only the second time in nine and a half years. Since Trump’s inauguration, they have gone on to hike a further seven times, and over the course of eighteen months (starting late 2017) the Fed have rolled off over $600 billion in assets from its balance sheet.  As the Fed continue to roll off assets until their balance sheet ‘normalisation‘ programme ends in September, the sentiment amongst traders is that the central bank will soon begin a course of rate cuts in order to stave off the threat of a recession as the prospect of a full blown trade conflict with China and other nation states gathers momentum... 

... As for how political protectionism could benefit globalists, former Deputy Director of the International Monetary Fund, Mohamed El-Erian, suggested back in 2017 that the growth in populism and nationalism could provide the impetus to ‘revamp’ the IMF’s Special Drawing Rights basket of currencies. Now we begin to see a vision for how Brexit and the Trump administration work in favour of global planners. Their own communications, for which are plentiful, present a clear agenda for the future implementation of a global currency framework within the next decade. Such a framework could only be achieved by diminishing the current standing of national currencies, notably the dollar and sterling. The role of sterling as a reserve currency has already been called into question as a result of Brexit. The world reserve status of the dollar is also coming under greater scrutiny.  Assimilating currencies through the IMF’s SDR would act as a pathway towards the creation of a global currency that transcends national boundaries...  https://stevenguinness2.wordpress.com/2019/06/16/markets-are-being-lulled-into-a-false-sense-of-accomodation/

 

 

White House Reportedly Explored Legality Of Demoting Fed Chair Powell, Kudlow Denies (Kinda)

“Under the law, a Federal Reserve Board chair can only be removed for cause.”

 

 

The Promise Of MORE #FAKEMARKETS Vaults Stocks AND Bonds! By Gregory Mannarino

https://www.traderschoice.net/    https://www.youtube.com/watch?time_continue=4&v=cHvT5j4AqtQ

 

 

"Something Just Doesn't Smell Right" - Is The Big 'Bad Bank' Bothering Bonds?

What you see are positions getting crushed, people taken out on stretchers (to repurpose an old euphemism) for reasons that have nothing directly to do with T-bills...

 

 

War on the Way? Saudi Prince Blames Iran for Tanker Attacks

Saudi Crown Prince Mohammed bin Salman warned Saturday that Saudi Arabia “will not hesitate to deal with any threat,” after accusing Iran of responsibility for attacks on two oil tankers near the strategic Strait of Hormuz on Thursday, amid growing tensions between Iran and the United States.

 

 

4 TIMES THE US THREATENED TO STAGE AN ATTACK AND BLAME IT ON IRAN Video by Corbett Report

https://thedailycoin.org/2019/06/18/4-times-the-us-threatened-to-stage-an-attack-and-blame-it-on-iran-video/

 

 

Jerusalem Post: U.S. Bombing Of Iran "Will Be Massive But Will Be Limited To A Specific Target"

According to the Jerusalem Posta bombing campaign is being planned that "will be massive but will be limited to a specific target"...

 

 

The Army’s ‘Big Six’: America Plan to Wipe Out Russia or China In a War

in 2017 the Army formed eight cross-functional teams led by brigadier generals to rapidly cost-efficiently develop a new generation of hardware. These far-reaching modernization initiatives are collectively called the “the Big Six.”

 

 

An Examination Of The Leftist Cult And Their Religion

There is a common misconception among newer activists in the liberty movement that the idea of the “false left/right paradigm” means that there is no political spectrum; that the entire notion of left vs right is a fabrication. This is not exactly the case. When we talk about false paradigms in regards to politics (or geopolitics), what we are actually referring to is the elitist class, otherwise known as globalists, and the fact that they have no left or right political orientation. They do not care about Democrats or Republicans, they have no loyalty to either party. Their loyalty is to their own agenda, and they will exploit BOTH sides to get what they want whenever possible. Beyond the globalists, average people do indeed fall on a political spectrum that could be broken down and simplified to a set of basic ideals or ideologies. On the left side of the spectrum we find the collectivists and socialists, who believe that society (the group) is vastly more important than the individual and that the actions of individuals must be strictly monitored and governed to prevent negative effects on the group. The core argument of the leftists is: “We are all a part of society and must act in harmony with society so that the system continues to function. The needs of the many outweigh the needs of the few...”

On the right side of the spectrum we find the individualists, sovereignty activists and true conservatives. People who, in varying degrees, believe that society should be restricted from dictating the life of the individual and that group participation should be voluntary. Where leftists seek to centralize, people on the right seek to decentralize. The argument of the conservative is: “Without the individual the group does not exist. The group is an abstraction created in the mind. When groups do form they should only exist to serve and protect the inherent rights of individuals, not be used as a mechanism of control by weak people who are afraid to function on their own...” http://alt-market.com/articles/3810-an-examination-of-the-leftist-cult-and-their-religion

 

 

For First Time Since the Days of King Ahab: Israel and Lebanon to Open Maritime Border Talks

Israel and Lebanon are readying to open maritime border talks in July, a move which may open up the trade necessary to build the Third Temple. Israel’s Channel 13 news station cited senior Israeli officials who said the two sides have made significant progress with regard to direct talks. The goal of the negotiations is to demarcate the maritime border between the two states. The initial round of direct negotiations is expected to kick off in July.

 

 

Glitch of Death: Airbus is ready for pilotless jets – are you?

The chief salesman for Airbus says his company already has the technology to fly passenger planes without pilots at all — and is working on winning over regulators and travelers to the idea. Christian Scherer also said in an interview with The Associated Press on Monday that Airbus hopes to be selling hybrid or electric passenger jets by around 2035. While the company is still far from ready to churn out battery-operated jumbo jets, Scherer said Airbus already has “the technology for autonomous flying” and for planes flown by just one pilot... https://governmentslaves.news/2019/06/18/glitch-of-death-airbus-is-ready-for-pilotless-jets-are-you/

 

 

100-Gallon ‘Agent Orange’ Drums Found at Bottom of Scenic Oregon Lake

No evidence of leaks had been found during a survey by a remote vehicle and divers, the Oregon DEQ said. The labels on the drums appear to be commercial.  The labels the agencies have seen to-date say '2,4-D or 2,4,5-T.' Both were commonly used herbicides. During the Vietnam war era the two herbicides were combined for the military at very high concentrations to make 'Agent Orange,' which was not manufactured for commercial use. The labels on the drums in Wallowa Lake appear to be commercial labels, not military labels.

 

 

Kmart bans ‘Jesus,’ ‘church,’ ‘Bible’ at photo kiosk – WND

Kmart has come under fire after certain religious words including “Jesus,” “church,” and “Bible” were banned at photo printing kiosks while the words “mosque,” “Islam,” and “Koran” were not.

 

 

Trump Crackdown: ICE Explosion To Remove Millions Of Illegal Invaders

President Donald Trump is threatening to remove millions of people [criminal invaders] living in the country illegally on the eve of formally announcing his re-election bid.  In a pair of tweets Monday night, Trump said that U.S. Immigration and Customs Enforcement would next week “begin the process of removing the millions of illegal aliens who have illicitly found their way into the United States.” “They will be removed as fast as they come in,” he wrote.  An administration official said the effort would focus on the more than 1 million people who have been issued final deportation orders by federal judges but remain at large in the country.  The official spoke on condition of anonymity to explain the president’s tweets.  It is unusual for law enforcement agencies to announce raids before they take place. Some in Trump’s administration believe that decisive shows of force — like mass arrests — can serve as effective deterrents, sending a message to those considering making the journey to the U.S. that it’s not worth coming...  https://conservativedailypost.com/trump-crackdown-ice-explosion-to-remove-millions-of-illegal-invaders/?utm_source=Push&utm_campaign=OneSignal&utm_term=18_June-1

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