The last two and a half weeks have been absolutely surreal. The fast pace of the news events and the absurdity of our leaders have been nothing less than astonishing. Lets do a quick recap shall we:
1) Paris ISIS Murders: French response is to declare martial law, close the boarders, go to war with ISIS and confer with the Russians in Syria. Obama before the attack says that very same day that ISIS is contained. Then after the attack he acts like a petulant child and blames Republicans for inciting Islamic Extremism rather than being a man and admitting he was wrong. Then later that week he defiantly flips congress the bird and says he is going to bring in mostly young male Syrian refugees into the country via UPS cargo planes (yes UPS is smuggling them in so we should all short this stock). Half the State Governors tell Obama to go to hell and we have an interesting stalemate situation.
2) Planned Parent Hood Attack: Obama wants to confiscate guns. Media blames GOP and Pro-life movement for creating an environment that set this attacker off. Mind you this guy looked like a spaced out zombie who self-identified himself as a woman to the police.
3) Turkey blows a Russian Jet out of the sky: Russia brings in the big guns and basically is daring Turkey to shoot back. Russia and the alternative media expose Turkeys’ President Erdogan and his Son as James Bond villains who are transporting ISIS oil into turkey and then selling it on the cheap. Apparently Turkey was just protecting their “interests” in Syria when they shot the plane down. The US is exposed as having done nothing about the oil supply chain for over a year because, as they claim, they were concerned about the environment. ROTFLMO! Just too funny to be believable. So basically it has come out that ISIS is a sham organization created and supported by the West to topple Syria’s Assad. We have the former DIA ex-head Michael Flynn basically admitting that ISIS has been funded by the US. You can’t make this up its so absurd. Essentially this man just threw Obama under the bus.
4) Obama goes to Paris to fight for a solution to the big con known as climate change. He claims by going its a big rebuke to the terrorists. He and his insipid followers try to claim that terrorism is caused by global warming. Again you can’t make this up. This man is mentally deranged.
5) Two Fed heads walk back their rate hike talk. Janet Yellen gives a hawkish speech canceling out the 2 Fed heads. Equities look like they either want to have a blow off top or crash depending on the day.
6) Mass shooting in California that appears to be from Muslim Extremism but will be downplayed by DC and the media because it doesn’t fit the narrative of the white right wing anti-governemt types who love guns and liberty (fyi they actually led with that narrative before anything was known). Obama wants to take the guns again. Gun sales explode.
7) Germany and the UK have both decided they want to play in the reindeer games and have decided to bomb Syria. They have not really said who they are going to bomb but they will bomb somebody. Again you can’t make this up. We are watching a bad Bond movie plot in real life as we cascade towards WWIII.
If you are not amazed at the absurdity going on here then you are not paying attention. I believe the system is about to implode and these idiots known as our leaders are pulling out the oldest playbook known to man which is War. It will be used as a distraction for the masses. Its an old favorite Rich Man’s trick and it goes way back. How else can you explain this insanity we are watching?
Market Update:
Before I begin the market is not going to go down because of the items above except maybe WWIII. The business cycle and credit are driving stocks right now. The market is trying to put in a second major top of a higher degree nature. I messed up and thought it would come later after some more downside first. I think the May highs will hold and we will roll. When we do then the bear will be confirmed for all to see. If we chop around here for awhile I could be wrong. Either way we should know soon this week or next. Credit continues to get worse and junk and leveraged loans keep hitting new lows. I also think the odds of rolling are higher now because other asset classes look ripe for big intermediate term moves. Here are my thoughts in brief for now: Stocks are rolling, T-Bonds are going higher, the dollar is going to turn lower, oil looks lower first then it turns up eventually, gold and silver look ready to turn up and the euro looks ready to turn up as well. I don’t know exact timing but within the next 2-4 weeks I expect these moves to begin.
We live in interesting times friends. History is unfolding before us and it is more bizarre than I could have ever dreamed.
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Excellent summary
Why thank you.
A little-known, oft purposefully overlooked fact: The Seven Years War was indeed the First World War. https://en.wikipedia.org/wiki/Seven_Years%27_War Fought between 1755 and 1764, the main conflict occurring in the seven-year period from 1756 to 1763. It involved most of the great powers of the time and affected Europe, North America, Central America, West Africa, India, and the Philippines.
Great post Blue
Agree 100% with your post. This is theatre of the absurd beyond what I have seen in my 36 years on this planet. The lunatics are in control of the asylum and there is a thick, reinforced glass panel in front of the emergency exit with only a foam mallet made avalable for use. Glad you, dr fly and others offer some comedic/philosophical respite while this shit hits the fan. I’m thinking of funding comedians from now on as the only silver lining we may have is to laugh at it all. And I’m not joking.
Bluestar – the latest episode of The Corbett report talks about the life of Maurice Strong https://www.corbettreport.com/maurice-strong-is-dead/
Really interesting stuff in regards to the U.N., Rothschilds, and the man made global warming hoax, including the Earth Charter being housed in The Ark Of Hope as if it were the Ten Commandments (really). http://arkofhope.org
Super post Blue. Your timeline really brings it all together and yes it shows events up as being beyond bizarre.
Great post. I left an earlier comment, but might have been moderated. It happens a lot to me nowadays.
Good post Blue.The world sure is strange these days.
I just told my child today that these events are
now normal and to be aware of places to hide,
cause you only get a few seconds
to get out the way.
Could not be summarized better.
Alex Jones being granted an interview with Donald Trump says it all. The so-called conspiracy theorist nut jobs aren’t so crazy are they.
New highs before xmas.
Great post.
That was a great write up. Feels like the cold war is back but like the 1950’s and 60s cold war where everyone was a player. For all the noise terrorism looks like a distant third concern compared the big powers playing a modern game of thrones.
You said “He and his insipid followers try to claim that terrorism is caused by global warming.”
Looked it up. He never said any such thing. This smells like a Donald Trump where he claimed people were cheering at 9/11 except there’s no proof. Or good ole’ Carly and here b.s. planned ParentHood videos that also don’t exist.
What I found … “President Obama on Tuesday compared the threat posed by climate change to that of the Islamic State in Iraq and Syria (ISIS), saying they require a similar kind of response.”
Now if you have a link to where somebody in the upper crust said Terrorism is caused by Global Warming, please link.
Update: I forgot to add excellent summary and I love reading your posts. Truly sincere about that.
If central planning were workable as a concept, then the former Soviet Union would have been the most successful amalgamation of nations in world history. The failure was total. As will be our half-assed efforts at same.
Petty comment for a sweeping post, but it’s “martial law”
longview,
thanks i love it when folks correct me on spelling. not petty at all.
On a wild day for the markets today, I only just noticed that the UST 10-year is UP 6.55%, in one day, on a day when stocks are down hard.
Where is the money going?
‘I hope this marks the low.’ I read elsewhere, well, bulls have only hope in my opinion, these fats moves and volatility in bonds tell a story, the markets are FUBAR.
My gold sits still in its vaults meanwhile……..
GM,
As much as I am bearish on stocks lets refrain from dancing on the bulls graves and taunting them. Way too early.
You’re frightening the children.
Great post. A media doing its job would do a better job pushing our leaders on the absurdity that you note. Alas, the media is not. I wonder why.
I’d avoid ever referring to “the media”, those words don’t have the same connotation as 10 years ago. When people like O’Reilly talk about media influence, what are they talking about? Is it TV? If yes, well then Bill, be aware that Fox news is the most widely watched and most trusted news source for tv viewers.
When you’re talking “the media”, what do you mean?