Goldman Says OPEC Deal Likely; Commodities in Rocketship Mode

Based on the assumption that OPEC and Russia can agree to not fuck each other and cut production down to at least 33m barrels per day, Goldman believes oil can lift to $55 by mid 2017.

Naturally, this is all predicated around the idea everything remains status quo and that China doesn’t get their teeth kicked in by a Trump administration. In other words, the analyst community are partaking in collective cognitive dissonance — pretending the words coming out of the mouth of Trump never really happened.

Americanism not globalism is the credo.

“With greater confidence that the global oil market can finally shift into deficit later next year, we now believe that there is a strong rationale for low-cost producers to deliver a swift production cut to normalize inventories,” Goldman analysts including Damien Courvalin said in a research note.

“Oil fundamentals have weakened sharply since OPEC announced a tentative agreement” and the current glut will increase to about 700,000 barrels a day in the first three months of next year unless OPEC acts, according to Goldman Sachs. Any cut would have to come primarily from Saudi Arabia, Kuwait, the United Arab Emirates and Qatar, with other members keeping output steady at current levels through the first half of 2017, the bank said.

As such WTI and copper are lifting off, this time accompanied by gold.

The Turkey gods approach. It’ll take a fucking act of divine intervention to keep the markets down ahead of national festival.

The uncucking of the media is going to be long, delicious process. Eventually, everyone will take the red pill — even Canadians. For now, the mainstream media, through an infantile-like temper tantrum, continue to micro-analyze every action of Donald Trump. Much to their dismay, it is this very coverage, this hysteria, that got Trump elected in the first place. If there’s one thing American’s hate more than anything else, it is a loser. The only thing worse than a loser is a sore loser.

BEHOLD, as Ben Shapiro tries to explain this is a panel of shills.

This is all in regards to Trump’s reasonable tweet about the Hamilton cast attempting to bully VP elect Pence after a show the other day. The media has tried to make this about free speech, when in fact this is about decency and comportment being disgraced by undignified shills.

Fuck off mainstream media. I love how the media is getting people worked up about being racist cucks, at the same time promoting Islamic headwear to be a symbol of trendiness and acceptance, instead of what it really is — oppression.

Here’s a commercial in Germany promoting this nonsense. And here is the deranged Covergirl mental patients promoting the hijab, in addition to the FIRST EVER Coverboy transgender fuckery.

The bedraggled microbes at the heads of our media companies are so stoned on narcotics, so deranged from living incorrect lives, they’ve gone full tilt into Sodom and Gomorrah territory — attempting to blur the lines of gender. This campaign is failing, miserably, as evidenced by a populist rebuke — most recently displayed through democratic elections. However, they won’t understand the consequences of their actions until it hits them where they care most: right in their fucking transgendered balls (aka wallet).

Here’s CNBC shit posting in Asia tonight, promoting ‘Millennial Money’ via ‘Modest Fashion’ aka the explicit re-oppression of women.

Fuck off CNBC. Women are special, much prettier to look at than men wearing lipstick — or hidden under some fucked up theocratic garb.

Freedom is about to ring throughout Champs-Élysées again — as the French people stand up for what’s good and just — placing a woman who cares deeply about the fate of her country, Marine Le Pen, at the very top of the polls.

Up until recently, the media gave her NO CHANCE of winning. Alas today, she’s leading the catamite Sarkozy by 9 points.

Fuck off, Bloomberg.

Marine was thrilled to see Trump win the election here in the US, saying his victory  “makes the French realize that what the people want, they can get, if they mobilize themselves.”

“Donald Trump has made possible what was presented as completely impossible,” Le Pen told CNN in an interview Tuesday. “So it’s a sign of hope for those who cannot bear wild globalization. They cannot bear the political life led by the elites.”

“This win also kills the argument used by my opponents about isolation,” she said. “They say, ‘Marine Le Pen, your policies have isolated you.’ I feel less isolated today because of the multi-polar world defended by Donald Trump but also by Theresa May and Vladimir Putin.”

PJ Watson sums up the illogical narrative being disseminated by the left.

Remember, according to leftist logic, not supporting Hillary meant you hated women.

Everyone who doesn’t support Marine Le Pen hates women.

— Paul Joseph Watson (@PrisonPlanet) November 20, 2016

In a recent interview with Time, Le Pen said the European Union is ‘objectively a total failure’ — comparing it to the Soviet Union.

Yes, this is the beginning of the end of the European Union. And I hope the birth of the Europe of nations, a Europe of cooperation, that we’ve been propounding for years. The European Union is objectively a total failure. It’s a social failure, it’s an economic failure, it’s a failure in terms of power, it’s a diplomatic failure. They are doing exactly what they did in the Soviet Union. When the results were not in line with expectations, [the Soviets] would say it didn’t work because there was not enough Communism. And the European Union is the same. Each time there is a failure they say it is because there is not enough Europe. The British people have just said ‘stop. For us it’s the end. It’s over.’

Her position on staying in the EU is very clear and her conditions logical  — either give France its freedom back or she will call for a referendum to leave  it.

In order to organize the referendum I need to win the presidential elections [next year]. I’m the only major candidate that has proposed a referendum, and that has been since four years ago, since before [U.K. Prime Minister David] Cameron, that I suggested organizing a referendum. I would go to the European institutions, I would demand for the French people four sovereignties: territorial—our borders; monetary and budgetary; economic; and legislative. Either the European Union says yes to me, or they would say no, and I would say to the French, there is no only other solution but to leave the E.U.

Get ready for a FREXIT.

Caption this epic photo.

This is my favorite, so far.

"Cuuuuuck" pic.twitter.com/UpA3fj1qbh

— ?PepeTrump?? (@fige1000) November 20, 2016

In spite of their alleged position against hate speech, banning right wing satirist like Milo, they’ve verified the Muslim Brotherhood — the very terrorist organization that tried to seize power of Egypt and its leader was sentenced to LIFE IN PRISON and ALSO death, for leading an ‘unlawful organization’ by Egyptian courts.

If you recall, the Obama administration was quite supportive of the Muslim Brotherhood.

Here are some facts about the Muslim Brotherhood.

• In 2011, former FBI director, Robert Mueller, testified before congress — saying the Muslim Brotherhood engaged in International terrorism.
• In 2013, the government of Egypt banned the Muslim Brotherhood, labeling them a terrorist organization.
• In 2013, the Muslim Brotherhood in Egypt attacked and/or destroyed 70 churches and 1,000 homes and businesses belonging to Coptic Christians.
• In 2014, Saudi Arabia banned them and said they were a terrorist organization.

They’ve made threats against the Egyptian government, calling for ‘a long, uncompromising jihad.’

And, of course, they’re very anti-Israel.

“The Zionist destruction will only be by an Islamic, Arab plan which rejects peace begging initiative proposed since 2002; rejects normalization measures with the Zionist entity; reviews peace agreements and diplomatic relations with it; rejects foolish negotiations between Zionists and Palestinians which are like negotiations between the lamb and the wolf pack.”

And, as you could expect, they don’t believe in gay rights or persons of islamic faither marrying those of christian.

Mohamed Badie, the Brotherhood’s “supreme guide,” explained that, “The West has allowed gay marriage under the pretext of democracy, which we will never allow in Egypt” (adding that the Brotherhood would also “not allow under the pretext of national unity that a Muslim woman would get married to a Christian man, which violates Islamic law”). Badie elaborated that sharia must take precedence over democratic choice because “it is not permissible for democracy to allow what’s forbidden or forbid what’s allowed, even if the entire nation agreed to it.” Badie was merely reaffirming the Brotherhood’s long expressed position that homosexuality is considered an abomination in Islam and is against “the temper of Egypt.”

But Twitter banned this guy.

Maybe Jack will verify ISIS next.

Pray tell me, why didn’t Obama seek to ‘modernize’ NAFTA? When they say modernize, they mean redo the deal so America doesn’t continue to get clown-raped by it. Obama and all of the shills in Washington, republicans included, were very happy with this deal — as it provided their donors with slave labor.

They never cared about American interests — because they’re globalists first.

“We’re at the stage of prioritizing dialogue as the path through which we may able to establish a new agenda for bilateral relations,” Pena Nieto said. “More than talking about renegotiating Nafta, it’s modernizing Nafta. Let’s modernize Nafta so it becomes a more powerful, modern vehicle.”

Let me educate and remind some of the younger readers of the site that billionaire businessman, Ross Perot, warned about NAFTA during Bill Clinton’s Presidential election in 1992. No one listened then. But they are now.

After all, it was the fake news that won the election for Trump, not the fact that the ‘real news’ from CNN and others directly caused the deaths of hundreds of thousands of people in the middle east — costing America $6 trillion and counting. It was the fake news that made Americans cast out democratic politicians out of all facets of government — the worst rout since the 1930s — reducing them to the modern version of the whig party — holding just 15 governorships.

Since the mainstream media was unable to fend off the accurate reporting and analysis online, they’ve weaponized the ghettos of the internet (Twitter, Facebook, Google) to censor sites that disagree with their narrative.

Mark Zuckerberg, big donor to the H. Clinton campaign and avid libtard, has updated us on his progress.

“Normally we wouldn’t share specifics about our work in progress, but given the importance of these issues and the amount of interest in this topic, I want to outline some of the projects we already have underway,” Zuckerberg said on Facebook. “We need to be careful not to discourage sharing of opinions or mistakenly restricting accurate content. We do not want to be arbiters of truth ourselves, but instead rely on our community and trusted third parties.”

Facebook is exploring labeling stories that have been reported as false by third parties or the community so people are warned before they read or share them, Zuckerberg said. The company also is working to make it easier for people to report fake news, and improve technical systems to better detect such articles.

Facebook is also turning outside its own organization for help. It will meet with journalists to understand how they verify information, and is exploring partnerships with third-party fact-checking organizations.

Zuckerberg also noted that fake news was becoming a big business, and said Facebook is looking for ways to disrupt the economics of it.

His remarks come just a few days after he said it was “crazy” to think that fake news on Facebook influenced the outcome of the election. He’s also said that more than 99 percent of the stories on Facebook are accurate. But the criticism of his handling of the issue mounted, and by the end of the week, even President Barack Obama was speaking about the negative effect of fake stories on social media.

“Some of these ideas will work well, and some will not,” Zuckerberg wrote. “But I want you to know that we have always taken this seriously, we understand how important the issue is for our community and we are committed to getting this right.”

source: BBG

In other words, Facebook is looking for ways to demonetize websites that publish news stories that third party organizations, most likely of a very liberal persuasion, believe to be ‘fake.’

Related: Zerohedge discussed this in length, regarding a certain ‘third party’ professor who has done the hard, laborious, task of labeling sites fake. Notice how all of the ‘fake news’ sites are suspiciously right wing? It’s also worth noting, the head of Breitbart is a chief advisor to the President of the United States — the exact opposite of ‘fake news’ — having such close proximity to the epicenter of power.

Ron Paul tweeted his own list of ‘fake news’ list.

REVEALED: The Real Fake News List https://t.co/1CkOSe25LU pic.twitter.com/lqb9Uze1pi

— Ron Paul (@RonPaul) November 19, 2016

They’re now writing about birds and how they look like Donald Trump — both fascinating and hard hitting stuff.

This is both juvenile, but also stupid. Well done, grown adults of the 4th estate at CNN.

Hahaha guys, fuck off.

After prancing about the stage singing and dancing, the cast felt it was incumbent upon them to make VP elect Mike Pence feel as uncomfortable as humanly possible by addressing him, and encouraging audience members to record, a public admonishment of his new administration — by calling them racists.

After all, Mike Pence is white and so is Trump. Ergo, they’re racists.

The left are eating themselves — like rabid cannibals and will never win the Presidency again.

Yes, this is the same, deliciously ironic, Hamilton cast that was assembled using ‘reverse racism’ casting calls — which I suppose is fine — since it’s Broadway and theatre is theatre. But fuck off with your holier than thou attitudes.

UPDATE: Trump responds.