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Yearly Archives: 2016

Reuters Cameraman Filming Trump at Black Church Ordered to Cut Feed, Risk Demotion

Objectivity in the media is completely gone. The bias and the lies and the deceit is so transparent, so egregious, it is stoking the populist movement even more than ever. The stupidity of these creatures who infect the media is the number one catalyst for change, amongst millions of voters. People do not vote for whom they dislike. If properly motivated, the disaffected will come out in droves in order to tell the establishment elite to fuck off.

This is a clip of Trump enjoying a moment at a black church, being praised by a demographic that is ‘owned’ by the slaver party. Because the media is trying to depict Trump as a bigot, this live feed was harmful to their cause. The camera man, not really giving a fuck, said “I’m shooting this, I don’t care what they say….I’ll take a demotion for this…. you?”

His director said “Shut it down,” followed by another voice asking, “Shut this down?”
“Yes Michael, do it,” orders the director.

Shortly before the feed was cut, someone said ‘blackout.’

Voila.

What’s the significance of this? Reuters was the primary feed for this event. All other agencies were siphoning from those fuckhead catamites.

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Happy Labor Day America! Enjoy Your Time and a Half Pay at Work Today

According to recent BLS stats, the median income in America is above $25 per hr now. That’s like a whole month’s pay at some remote Nike factories in Vietnam.

Overall, the median income hasn’t moved since the 90s.

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We were enjoying a small boon for the blue collar workers in oil exploration, but that was quickly disposed with and mining jobs are now in sharp decline.

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The Russian-Saudi Oil Rigging Rumor Turned Out to Be Trickery

Deep down, Putin hates the ground the Sauds walk on. Once again, these fuckers issued false, misleading, news in order to juice crude.

Nothing changed. There will be no oil freeze. Instead, both countries will pump oil as fast as fucking possible, like craven lunatics, fucking each other with a smile.

But, they did hold a press conference, which is an accomplishment unto itself.

While talks in China between Russian and Saudi Arabian energy ministers fell short of a freeze on output, causing oil to pare its gains on Monday, the two addressed the press at a rare joint press conference. Russian Energy Minister Alexander Novak said the two countries have a “number of tools” at their disposal for joint actions. Oil revenue drives most government spending in Saudi Arabia, which is struggling to plug a widening deficit following Brent crude’s more than 50 percent drop in the past two years.

“Having a meeting is a milestone, regardless of the outcome,” said Tariq Qaqish, the Dubai-based head of asset management at Al Mal Capital PSC. “The advance of talks between Saudi Arabia and Russia is positive news for oil exporting countries. Higher oil prices will enhance investor sentiment, therefore we expect to see the equity market follow.”

Crude is up 2% and dropping, down from gains of nearly +5%.
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RUSSIA-SAUDI ARABIA AGREE TO RIG OIL MARKETS; CRUDE SURGES

There are reports out from Saudi’s Energy minister that the Kingdom will make a significant announcement today. Other reports indicate Russia will cooperate with OPEC to fuck the world, rigging markets to support higher crude prices.

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The cannibals in Venzeula must be pleased with these developments.

Crude is ringing higher, more than 4%.
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Warning: over the years, there have been many bullshit Russian-OPEC cooperation stories that eventually proved to be false.

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Nigel Farage Warns Theresa May About Backsliding on Key Immigration Promises in BREXIT Vote

Seriously, you didn’t think BREXIT would ever happen, did you? I mean, it might happen, but not exactly how all the the people who voted for it intended. Nigel Farage resigned from party leader of UKIP, trusting that he had won the day. Another BREXIT agitator, Boris Johnson, was co opted by the May regime and has quieted down since then.

Today, Prime Minister May rejected the notion that Britain would adopt an Australian type points system for immigration, saying Britain instead voted for better control.

Theresa May has cast doubt on whether Brexit will lead either to a points-based immigration system or an extra £100m a week for the NHS – two central promises made by the successful campaign to leave the European Union.

The prime minister declined to endorse pledges made by the official Vote Leave group as she headed to China for the G20 summit, where Japan and the US have issued strong warnings about the consequences of exiting the EU.

In an unprecedented set of demands over the terms of Britain’s exit, Tokyo said Japanese firms could move to other parts of Europe unless many of the current privileges of membership were maintained.

Speaking from her prime ministerial plane, May questioned whether the type of system that admits migrants based on their skills was effective, and did not rule out retaining preferential access arrangements for EU citizens. “One of the issues is whether or not points-based systems do work,” she said, stressing that there was “no single silver bullet” on reducing immigration.

May also refused to commit to working towards the promises made by Vote Leave of an extra £100m a week to the NHS, scrapping VAT on fuel bills or ending contributions to the EU budget.

She would only say: “I’m going to work for what I just said I’m going to work for: the best possible deal for the UK in terms of the relationship that we would have with the EU, following us leaving.”

Her decision not to endorse the key planks of the Vote Leave manifesto may anger some of the electorate who thought they were voting for firm pledges made by politicians now senior in May’s government, such as Boris Johnson.

The globalists win, even when they lose.

Farage took to Twitter this morning to voice his dismay, warning that failure to cede to the will of the people will have lasting electorate ramifications.

 

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After Nearly 30 Years of QE, Japan’s Kuroda Says He Has Even MOAR Tools

“Japan is your future”. These words were uttered to me back in 2009, at the Four Seasons restaurant, when I was wooing Scott Bleier to write for the site. At the time, I didn’t give it much thought. With the benefit of hindsight, he was exactly right.

Japanese QE has resulted in sharply lower equity markets, but relatively decent unemployment numbers for the past 30 years. It is stagnation, personified.

Without QE, Godzilla would’ve eaten Tokyo a long time ago. But, it’s worth noting, there isn’t anything exciting about 250% debt to GDP either and Japan’s fate has never looked more doomful.

That being said, Japan’s BOJ Chief, Kuroda, says he’s gonna a lotta more for you NIKKEI haters. Lots of moar tools in his tool bag.

“Even within the current framework, there is ample room for further monetary easing … and other new ideas should not be off the table,” Kuroda said in a seminar.

“There may be a situation where drastic measures are warranted even though they could entail costs,” he said. “The central bank should always prepare policy options to address such situations.”

Kuroda said he does not share a growing market view that monetary policy has reached its limit, saying that the key would be to weigh the costs and benefits of each policy option.

“There is no free lunch for any policy,” he said. “That said, we should not hesitate to go ahead with (additional easing) as long as it is necessary for Japan’s economy as a whole.”

One has to presume this could go on indefinitely. I see no reason to suggest otherwise.

Note: Japanese QE has resulted in massive manipulation of their markets, also acceptable practice today.

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Humiliation in China: Obama Forced to Disembark from the Ass of Airforce One Sans Red Carpet

It’s all the rage on social media. Our beloved President, Barack Obama, is wrapping up his tenure as ‘leader of the free world’ by repairing the damage the half-ape George Bush caused, who set off a sequence of events that racked the world with war and debt ever since 9/11, was greeted in China like a vagabond beggar, forced to disembark from his plane from its ass, without the pageantry of a red carpet.

A Chinese official brazenly approached Obama’s plane on the tarmac, talking extreme shit.

“This is our country! This is our airport!” a Chinese official shouted after US handlers expressed anger at the absence of a suitable stairway off the government plane, forcing Mr Obama to leave the plane from “the ass of Air Force One” as one American journalist tweeted.

The result of this, and the lack of proper decorum afforded to the ‘leader of the free world’, by savage Chinese, will be recorded in the annals of time as one of the singular embarrassing moments in the history of mankind.

Our King walked down naked airplane stairs.

BEHOLD the imagery. It’s quite the spectacle.

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Britain’s May

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Germany’s Merkel (bitch)

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India’s Modi/ISIS’s Obama

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Russia’s Putin

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Frau Merkel Suffers Stinging Defeat in German Election

This is a very important development in German politics: the downward spiraling popularity of German Chancellor Angela Merkel. Today her party suffered a humiliating defeat at the hands of  an anti criminal immigration party, often referred to as ‘the super right wing party’ in Germany by demented liberal reporters. Such immigration policies have caused raping and pillaging across genteel European cities, all thanks and praise to Frau Merkel.

Bear in mind, the entire QE program in Europe is contingent upon German approval. Should Merkel fail to secure her role in this grande experiment in economic fuckery, markets will be exposed to a reality that it has not faced since 2011.

“This isn’t pretty for us,” said Michael Grosse-Broemer, one of Merkel’s top deputies in parliament in Berlin in a ZDF TV interview. “Those who voted for the AfD were sending a message of protest.”

Merkel’s approval rating has plunged to a five-year low of 45 percent, down from 67 percent a year ago, due to spreading disenchantment with her open-door policies on refugees.

According to a Der Spiegel magazine report, Merkel wanted to announce her intention of running for a fourth term this year but put that on hold due to resistance from her Bavarian sister party, the Christian Social Union. The arch-conservative CSU has demanded that Merkel put limits on the numbers of refugees.

“This was a dark day for Merkel,” Thomas Jaeger, a political scientist at Cologne University, told Reuters. “Everyone knows that she lost this election. Her district in parliament is there, she campaigned there, and refugees are her issue.”

The election took place exactly a year after Merkel’s decision to open Germany’s borders to hundreds of thousands of refugees and the discontent in the state was palpable.

“This is a slap in the face for Merkel — not only in Berlin but also in her home state,” said Frauke Petry, co-leader of the AfD. “The voters made a clear statement against Merkel’s disastrous immigration policies. This put her in her place.”

The AfD’s win was cheered by the leader of France’s far-right National Front party, Marine Le Pen, who posted on Twitter: “What was impossible yesterday has become possible: the patriots of AfD sweep up the party of Ms Merkel. All my congratulations!”

An awaking is happening, globally.

 

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This Week in Exodus: Fuck France

I haven’t done one of these updates in a month, because tight trading ranges are the sandboxes of imbeciles. Having said that, a fortnight ago, I went long gold with 26% of my assets. Last week, although uneventful, I did receive my monthly dividend in TLT, which reduced my basis to $118.6.

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For the month of August, my short in FCX traded down 15% and TLT was flat. Overall, the SPY was about flat for August.

There weren’t many notable readings from the algos last week, aside from them hating on the fucking French. EWQ is flagged as overbought.

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Let’s hope for a more eventful September and the complete and utter destruction of French markets–just for the novelty and fun of it all.

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New Conspiracy Theory: Aliens Blew Up the SpaceX Rocket to Prevent Insidious Facebook From Launching Satellite

I’ve never met a theory that I didn’t enjoy entertaining.

The going theory in the social media world of pseudo-scientists is the SpaceX explosion was caused by some angry fucking aliens, who thumbed down on asshole CEO Mark Zuckerberg from Facebook.

Now I slowed down this video to 0.25x normal speed, so you could see what’s causing the hysteria. Obviously, there’s something zooming around that piece of shit rocket, meandering about, and then BOOM–to smithereens. Calmer heads say it was a bird or insects. Judging by the 12 second time delay of the explosion, extrapolating out the speed of sound at 1,125 feet per second, this camera was about 2.5 miles away from the rocket. As such, any object flying closer to the lens will appear to much faster, when in fact it was just a stupid ass bird.

You be the judge.

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