For the sake of the record, let it be known, henceforth, the network formerly known as CNN Fake News will now be known as CNN Very Fake News, as per the President of the United States.
Comments »Trump: I'm changing CNN from "fake news" to "very fake news." pic.twitter.com/5ZRoDXdUNz
— Washington Examiner (@dcexaminer) February 16, 2017
Trump: “Where are you from?”
Cucked Brit: “BBC”
Trump: “Here’s another beauty.”
Cucked Brit: ” It’s a good line, impartial free and fair.”
Trump: “Yeah sure, just like CNN.”
Trump on finding out reporter is from BBC: "Here's another beauty."
Reporter says, "Impartial, free & fair."
Trump: "Just like CNN right?" pic.twitter.com/x6pE8ZTewC— Sky News (@SkyNews) February 16, 2017
We are living in the best of times.
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Trump held a press conference this afternoon and discussed the agitprop known as our media — formerly state media — currently deep state media in its present form. Amongst other things, he lambasted them for telling forked tongue lies — saying that he’s doing things he promised he’d do during the campaign. I suppose that’s foreign to most Americans — as we’ve been accustomed to hearing one thing and then expecting another.
"The level of dishonesty is out of control," Pres. Trump says of the press during news conference https://t.co/NQiDuhTWJx pic.twitter.com/K5DL7UCdNb
— CBS News (@CBSNews) February 16, 2017
Comments »"I am here following through on what I pledged to do," Pres. Trump says of actions in first month of office https://t.co/NQiDuhTWJx pic.twitter.com/MlGnfa9oOw
— CBS News (@CBSNews) February 16, 2017
The three top indices have hit record highs for 5 consecutive sessions, making it the best record breaking winning streak in 25 years.
Clearly, the market likes the idea of the nominal tax rate going from 35% to 15%.
Don’t you?
It’s evident markets want less regulations, removing the moat and anticompetitive roadblocks that have been designed to preserve monopolies.
Don’t you?
I find it hard to believe that the market would not prefer to have America’s industrial sector reignite, through America first policies and bilateral trade deals.
Don’t you?
American corporations have over $2t in cash hidden overseas, afraid of the tax man. I think we could all agree that having that money come back to the United States is a good thing.
Agreed?
I think the market is elated to see an end to Obamacare and a government who will pass an infrastructure bill which will improve our standard of living, end the malaise of sub 3% GDP growth — and also provide investment opportunities via fiscal stimulus.
Aren’t you?
All of these things, and so much more, are the tenets behind this rally. They’re the reason why I switched from being bearish to 160% long. While many of these changes appear to be radical, they’re actually quite normal. You’ve been living in a country that penalized success, led by a man who told you to ‘eat your peas’ and ‘pay your fair share’, deriding your entrepreneurial efforts for so long, you’ve forgotten what capitalism can do for both the markets and business.
The notion that 1-2% growth is all that we’re capable of and that we should accept this new normal of mediocrity, in order to cede to an anti competitive, corporate fascist, form of government, is a hateful ideology to most aspirational Americans. The spirit of the best innovators, dreamers, and artistic talents the world has ever known will rise again, like Harambe out from the dense jungles of Africa — once the shackles of imperial corporatism are broken.
When it happens, what side of history and the market will you be on?
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It sounds outlandish from a plebeian point of view. But the question should be proffered: was the whole Flynn fiasco a ruse, getting the left and the media going crazy, chasing their tails over a non existent Russian conspiracy, an operation to expose disloyal leakers inside the administration and/or intelligence agencies?
A few things to consider.
Contrary to what the mental midgets on twitter tell you, both Bannon and Trump are brilliant strategists. If you need proof of this, accept the fact that Hillary spent $1.6b to lose to Trump’s twitter account. Ok?
General Flynn has been in intelligence almost his entire professional career. Of course he knew they were monitoring his communications with Russia. That’s a non starter. Taking into consideration that Dr. Steve Pieczenik is blantantly saying it was the plan the whole time to have Flynn gone very early during the Trump administration, coupled with the fact that Rep. Chaffetz is calling for an investigation into the leaks, I think the Machiavellian angle here is worth considering.
This morning Trump tweeted about catching low life leakers, pointing out the NY Times was complicit in the scandal.
The Trump administration had to know they were surrounded by jackals when they planted a flag inside the White House. Trump has been discussing government corruption and dishonest intelligence reports for years. It’s also worth reminding you of his cryptic address to the CIA after he first took office, telling them he’d like to remove the columns inside the buildings, perhaps a reference to the fifth column theory aka shadow government.
You’ll know this theory is true should we start to see heads roll over the coming weeks and months.
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It doesn’t get more bullish than this, folks. Our good friends at Goldman Ballsachs have declared the recent run in the base metals to be only the beginning of a much larger more to he upside, the single best environment for the commodities since China stimulated their economy in 2009.
It’s very important that I communicate this effectively to you. After all, I am here to help.
The Trump infrastructure bill truly does pale in comparison to what is taking place in China, as their centrally planned command economy mandates lending into old economy industrials. The increase in credit is having a profound effect on the prices of base metals and this should continue throughout the year.
If you’re a Chinese leader, you understand that relying upon foreign trade to pay your bills makes you vulnerable to harsh set backs. The best place for them to put money is their own economy, sort of like what Trump is trying to do now.
Source: Bloomberg
A rerun of China’s massive stimulus during the financial crisis is set to offer another boost to global metals prices, according to Goldman Sachs Group Inc.
Strong credit expansion has “remarkably bullish” implications for the nation’s metals-intensive industries as fixed-asset investment and manufacturing are poised to accelerate, the bank said in a report. New lending to the so-called old economy in December and January jumped by 1.1 trillion yuan ($160 billion) from a year earlier, equivalent to more than one and a half years of U.S. President Donald Trump’s mooted infrastructure package, it said.
Industrial commodities have enjoyed a rebound in the past year on improved demand from property and infrastructure in China, the world’s top metals user. The benchmark copper price in London is up 32 percent from a year ago, while iron ore has nearly doubled. This time last year, the Chinese government embarked on a massive credit-driven stimulus in response to an economic slowdown, boosting credit at a pace not seen since the 2009 financial crisis.
“The resulting acceleration in metals demand is expected to push the copper market, as well as other base metal markets such as nickel and zinc, into deficit, leading to inventory draws, a tightening of the futures curve spreads, and higher prices,” the bank’s analysts including Mikhail Sprogis and Jeffrey Currie wrote in the note dated Feb. 16.
In the note, Goldman evokes the China’s 2008-09 stimulus, when the nation embarked on massive infrastructure spending to offset cratering global growth following the western financial crisis. This time around, President Xi Jinping’s government is trying to prop up the economy, while grappling with growing debt and overcapacity. New lending to the old economy in the two months to January jumped 50 percent to 3.3 trillion yuan from a year ago, the bank said.
The pick-up in Chinese copper demand “is likely to happen during a period when inventories normally draw due to seasonal factors,” Goldman said. “This is expected to magnify the inventory draw and tighten spreads, pushing copper into backwardation.”
Copper in London traded at $6,051 a ton by 5:26 p.m. Hong Kong time, after reaching the highest price since May 2015 earlier in the week. The bank maintained its price forecast at $6,200 a ton.
In my opinion, this is extremely bullish for zinc stocks, like $VEDL, $TECK and $HBM. Iron ore and steel should get a bump. I prefer $X and $CLF.
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Dr. Steve Pieczenik is the real deal — old school intelligence officer who claims to be part of a group of retired and active intelligence officers who leaked the Podesta emails to Wikileaks in order to derail Hillary’s campaign. To be honest, these type of men make me uncomfortable. I am merely succored by the fact that he is supporting someone that I like. Now if I was a HILLBOT or someone interested in derailing Trump, this man would terrify me.
For those of you unfamiliar, Dr. Pieczenik is the real deal — with a resume stretching decades in the intelligence agencies — specializing in psyops, responsible for taking down regimes, like the USSR. He worked for the Ford, Carter, Reagan and George H. W. Bush administrations.
In an interview with Alex Jones yesterday, the good Dr. assuaged Trump supporters, saying with certainty the government intelligence agencies were very much supportive of Trump and that the media and the left were impotent children, lashing out because they failed — equating their emotional response to feckless rage. Amongst many things mentioned, he said the Trump administration will be run much differently than previous administrations — because Trump is a businessman and his cabinet are filled with highly competent, intelligent, people, who’ve presided over large organizations and know how to operate.
Because he’s a highly trained and a purposeful psyops operator, everything about his presentation, from the cadence of his voice to his clothes, is staged. Fascinating to watch.
Here’s a snippet. Full video below.
Dr. @StevePieczenik on democrats "they're ineffectual, they've been aced out, eviscerated. pic.twitter.com/iDcYCExrdf
— The_Real_Fly (@The_Real_Fly) February 16, 2017
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PewdiePie used to do videos about video games, luring 53 million youngsters to subscribe to his channel — making it the biggest channel on Youtube ever, by a very large margin.
Recently, he’s been dropping redpills on his subs, discussing media hypocrisy, with a slight conservative bent. He did a comedy video about Hitler and the result was manufactured outrage, spawned by a Wall Street Journal article and subsequent cancellation of a deal he had with Disney.
Here’s the lesson gleaned from this episode of more main stream media FAKE NEWS: young people are getting pissed off by this and have taken to the internets to vent their rage.
My son, who is 20, sent this to me.
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I had a bad day in the market, in spite of the triple digits gains. I got my balls boxed in by $TECK, $UEC and $URG. Essentially, none of my stocks went up; but I was okay with that shocking underperformance, as I kept myself quite busy — chained to the laptop taking in all of the political hand-wringing.
Just 62% of stocks were higher and I, as is my right bound by the blood of my defeated enemies, added to an already over bloated portfolio of Trumpian themed stocks — buying up shares of $CLF.
Effortlessly, I waltz into the middle of a nuclear detonation — dressed to the nines, gin martini in tow, in search for greatness.
Often times the supreme feeling of ecstasy escapes me, maligned by a perfidious doom cast by failed trade, a missed opportunity, or an allocation designed to be burned in hell. I’ve been trading in these god damned markets all of my life — ever since the age of 10. I was both punching people in the face, whilst researching PE ratios by middle school. My fervor and passion for finance has never faltered and still, to this very day, believe that it is my birthright to bestow my god given gifts of financial prowess upon the masses. If unable to do that, I might as well take a year off to write a book about the whole ordeal.
Either way, I find the aspect of risk and investment to be intoxicating, only now betwixt by the ongoings at the White House. There is nothing more important than the outright treason being perpetrated by rogue elements of our intelligence agencies. The humorous treachery in all this is they’re, in fact, trying to accuse Trump of the very thing they’re doing — by cobbling together Russian spy novels into news articles.
They view themselves as ‘permanent government’, whereas the President is merely a guest, someone to be used as a public mouthpiece, or beguile the public to succor their superficial needs. I’ve never heard of such blatant disregard for the executive branch — people calling him a fascist, yet behaving like, err, fascists. The hypocrisy is rich with irony. The stench of corrosion from years of corruption has reached an ebb tide. The people are no longer fooled by this jingoism being disguised as patriotism.
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