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October 8, 2019

Tuesday, October 8, 2019

China’s Central Bank Buys 100 Tons Of Gold As Trade and Dollar Tensions With U.S. Escalate

◆ China has added more than 100 tons of gold bullion bars to its gold reserves since it resumed buying in December; China’s gold holdings rose to 62.64m ounces in September, an increase of 190,000 ounces in one month ◆ The People’s Bank of China (PBOC) increased it’s gold reserves for a 10th straight month in September, reinforcing its standing as one of the major official accumulators as many creditor nation central banks stock up on the precious metal...https://news.goldcore.com/chinas-central-bank-buys-100-tons-of-gold-as-trade-and-dollar-tensions-with-u-s-escalate/
All Major US Equity Indices Break Below Critical Technical Support

Where's Larry Kudlow when we need him most?

 

Risk Hammered On Report White House Planning Soft China Capital Controls; China Delegation May Leave One Day Early

... According to BBG, Washington is looking into potentially limiting American pension funds' ability to invest in Chinese equities. The plan would ostensibly be designed to limit vulnerable pension funds' exposure to opaque Chinese markets that are purportedly rife with fraud and abuse... https://www.zerohedge.com/markets/risk-hammered-report-white-house-planning-soft-china-capital-controls-china-delegation-may

 

IMPORTANT UPDATES Plus! Exposing Today's "News" Propaganda. By Gregory Mannarino

https://www.youtube.com/watch?v=Poo8fNAP8J0  

 

Federal deficit estimated at $984B, highest in seven years

... The final Treasury Department figures for the fiscal year, which ended on Sept. 30, will be published later this month and could include worse news. Previous Treasury estimates projected the deficit for the year surpassing $1 trillion.  https://thehill.com/policy/finance/464764-federal-deficit-estimated-at-984b-highest-in-seven-years

 

Trump’s Polls Not Affected by Impeachment

What is really driving the Democrats crazy is that they still refuse to comprehend why Trump was elected to begin with. He was an anti-career politician. Even the Republicans did not get it. This impeachment nonsense would stick ONLY if the people actually believed that Biden and Hillary were honest and Trump was wrong. But Biden’s son getting hired in Ukraine when Ukraine was seeking aid from the USA just does not look ethical regardless of the situation. Hillary’s emails and her brother getting a contract for a gold mine when he had nothing to do with mining just does not seem honest.

The general polls are showing that this latest scandal is just another trumped-up version of Russiagate against Trump. At the end of the day, they will need 2/3 of the Senate to remove Trump, which they will never get. They have turned politics into a corrupt sewer and the stench is overwhelming the nation. There is just no return to a normal government that at least functions. From here into 2032, it will only get worse. My concern is still what comes AFTER Trump!... https://www.armstrongeconomics.com/international-news/politics/trumps-polls-not-affected-by-impeachment/ 

 

Hillary Rockets Into 3rd Place On PredictIt As Rumors Swirl Over 2020 Run

"Fail forward" 

Graham Gives Giuliani Senate Platform To Lay Out Biden-Ukraine Corruption Case

Get the popcorn...

 

Jim Kunstler: A Hard Rain

(A lifelong liberal has had his fill.)  A lot of readers (some of them former readers now) have been angrily twanging me by email for writing about the three-year Resistance effort to un-do the 2016 election. I did not vote for Mr. Trump (or Mrs. Clinton) but I resent the coup mounted to overthrow him. I object to the bad faith and dishonesty of the Resistance. I object to the criminal misconduct among the federal bureaucracy, and the mendacity of its partners in the news media, and the hysteria they continue to generate — at the expense of other matters that concern our future... https://kunstler.com/clusterfuck-nation/a-hard-rain/  

 

Trump Administration Appears to Reverse Syria Decision Following Backlash
The U.S. is not removing its forces from Syria in the face of a Turkish incursion, said the official, speaking on the condition of anonymity. Rather, the president ordered roughly 50 special operations troops in northern Syria to relocate to a different part of the country after he learned that Turkey has planned an offensive against U.S.-backed Kurdish forces in Syria. The official said that offensive had not yet begun. The latest assertion, however, appears to conflict with a flurry of tweets the president issued Monday, further explaining a White House statement late Sunday that first announced the withdrawal, but offered few details...  https://www.usnews.com/news/world-report/articles/2019-10-07/trump-administration-appears-to-reverse-syria-decision-following-backlash
Syrian sources claim Turkey attacked in Iraq, not Syria
The Syrian Observatory for Human Rights denied a report by Syrian state news agency SANA earlier on Monday evening claiming that Turkey had conducted airstrikes in Syria against the Syrian Democratic Forces. According to the SOHR, the airstrikes hit targets in Iraq. A White House official stated later on Monday night that the US has not seen any signs of a Turkish operation in Syria yet…
Our Staff Writers Explain How Erdogan’s Syrian Invasion is Connected to Gog & Magog
David Sidman and Adam Eliyahu Berkowitz discuss the politics and prophetic implications of Erdogan’s military invasion of Syria. Despite the overwhelming criticism of Trump, from an end-of-days perspective, it looks like he got it right. Turkey, Iran, and the Vatican are all part of an unholy alliance. (video)
After Inviting Nations to Third Temple, Foreign Minister Stops Erdogan from Encroaching on Jerusalem
Turkey’s campaign against Israel’s sovereignty in Jerusalem, and more specifically the Temple Mount has been a largely ignored problem in the Jewish state. According to recent evidence, Erdogan funds various bodies and organizations to exert influence using respected personalities and stakes in holy sites as part of a larger effort to reestablish the Ottoman empire who once conquered and ruled over Jerusalem (and all of Israel).
Netanyahu says cooperation with Russia ‘critical’ with U.S. to leave Syria
Israel has “great challenges around us” and it’s cooperation with Russia is “critical,” Prime Minister Benjamin Netanyahu said on Monday, a day after US President Donald Trump announced his intention to withdraw troops from Syria and allow a Turkish incursion there against Kurdish forces.
BLIZZARD-LIKE WEATHER APPROACHES, ONLY HALF OF CORN IS MATURE, USDA SAYS
https://www.agriculture.com/news/crops/blizzard-like-weather-approachses-only-half-of-corn-is-mature-usda-says
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