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October 8, 2019 - pt 2

Tuesday, October 8, 2019

OCT 8//GOLD DOWN 35 CENTS IN COMEX HRS BUT RISES BIG TIME ON NEWS OF QE 4//SILVER UP 15 CENTS..

 

BIG Post Market Rant! YELLOW STAIN: "Don't Call It QE." By Gregory Mannarino - LISTEN

https://www.youtube.com/watch?v=v7mvog6ttYY

 

Jesse: Seeking Safe Harbors

Today was clearly a 'risk off' day as stocks were sold steadily all day, and bearishly going out on the lows. There was a corresponding bid of money seeking safer havens in gold, silver, and the Dollar. The purported reason was the war of words that continues between the US and China.

As I noted several times in the past, this roller coaster action, this bipolar viewpoint towards risk in the markets, is not constructive, and may signal some inherent instability that seeks its level. And that level may be about 20-30% lower, given the right sort of trigger event. But as I have noted many times before, forecasting a significant market decline is something that people like to do, in order to grab headlines and subscribers.  But it can make you go broke if you try to front run the markets on the bearish side. I will only urge caution, and note that markets are still near to all time highs.

Jay Powell provoked a little market rally today with some expansively dovish words about the Fed's Balance Sheet. It did not last. Gold and silver caught a definite safe haven bid. Gold may be forming up a bull flag.  I have marked it on the chart, and took an estimate on the initial measuring objective.   Obviously this means nothing until the formation goes active with a confirmed breakout.   But it's still nice to see that messy price action we saw into the October contracts option expiration start to clarify. Silver is a a hot item, as they say.  Hard to predict, sometimes hard to hold.  But when it goes, it can ride... https://jessescrossroadscafe.blogspot.com/2019/10/

 

MEET AMERICA’S NEWEST MILITARY GIANT: AMAZON

How the most powerful company in e-commerce positioned itself to become one of the world’s biggest national security contractors.

 

Federal Reserve’s Latest Bailouts More Proof Bad Times Ahead

Since September 17, the Federal Reserve Bank of New York has pumped billions of dollars into the repurchasing (repo) market, the first such intervention since 2009. The Fed has announced that it will continue to inject as much as 75 billion dollars a day into the repo market until November 4...  

One of the factors blamed for the repo market’s cash shortage is the Federal Reserve’s sale of assets it acquired via the Quantitative Easing programs. Since launching its effort to “unwind” its balance sheet, the Fed had reduced its holdings by over 700 billion dollars. This seems like a large amount, but, given the Fed’s balance sheet was over four trillion dollars, the Fed only reduced its holdings by approximately 18 percent! If such a relatively small reduction in the Fed’s assets contributed to the cash shortage in the repo market, causing a panicked Fed to pump billions into the market, it is unlikely the Fed will be continuing selling assets and “normalizing” its balance sheet.  Another factor contributing to the repo market’s cash shortage was a major sale of US Treasury securities. Sales of government securities leave less capital available for private sector investments, increasing interest rates. This “crowding out” effect provides one more justification for the Federal Reserve to pump more money into the markets...  http://ronpaulinstitute.org/archives/featured-articles/2019/october/07/federal-reserve-s-latest-bailouts-more-proof-bad-times-ahead/

 

800,000 Californians To Lose Power After Midnight

For millions of liberal Californians, especially those living in the immediate proximity of Berkeley, socialism is always and only the answer. And while we doubt they would voluntarily move to Venezuela to personally experience the fruits such a regime brings, especially in its final stages, nearly 1 million Californians are about to enjoy one of the biggest benefits of living in a socialist regime: lack of electricity. Nearly 800,000 customers of bankrupt utility PG&E will lose power starting just after midnight as the embattled utility launches a (long-overdue) effort yet to avoid starting a wildfire in extremely dry and windy weather.

On Tuesday, PG&E said that it will proceed with the massive outages it has been considering this week, and adding 200,000 additional customers into the mix. Shutoffs will take place in every county in the Bay Area except San Francisco and will also occur in some of the far northern and southern corners of PG&E’s service area, reaching 34 counties, which means that San Franciscans will still be able to see when they are about to walk into human shit on the street. Late Monday, PG&E released estimates of how many customers in each county the shut-offs could affect. The estimates included 32,613 customers in Alameda; 40,219 in Contra Costa; 32,124 in Napa; 38,123 in Santa Clara; 14,766 in San Mateo; 32,862 in Solano; and 66,289 in Sonoma. Updated figures weren’t available with Tuesday’s update that Marin would be included. A single customer account might be a residence or business with multiple people, so the number of people who lose power might reach in the millions... https://www.zerohedge.com/energy/800000-californians-lose-power-after-midnight

 

WARNING: ‘DNA-BASED’ VACCINES ARE STRAIGHT AHEAD

Big Pharma intends to create DNA-based vaccines that will literally change your body’s DNA. With mandatory vaccinations increasingly being legislated, this bodes a very dangerous health future.

 

U.S. HOSPITALS TURNING AWAY PATIENTS AND CANCELING SURGERIES DUE TO RANSOMWARE ATTACKS

Being targeted by cybercriminals is no laughing matter – especially for health care facilities.  Non-payment of ransomware puts lives at immediate risk.

 

Trump meddled in Ukraine, and he’s not alone   (From the Left: Both parts are Informative)

As Donald Trump appears caught attempting a quid pro quo, Max Blumenthal argues that the Ukrainegate scandal also highlights a web of corruption and meddling inside Ukraine implicating other prominent US figures and institutions... https://www.youtube.com/watch?v=ACMfC4w8_NU  

[Watch Part II of this interview here: https://www.youtube.com/watch?v=S50Vm...]

 

BIDEN’S DONE: NEW INFO REVEALS HIS MASSIVE ROLE IN 2016 ELECTION INTERFERENCE!

Nobody in the media is covering this story much less breaking it down like this. #JoeBiden career is coming to an end not just his candidacy. If this story gets out (which is where all of you come in) the rest of the media will be forced to cover it. Please share this info to #TomFitton at #JudicialWatch where his group can do the heavy legal lifting. This info is VERY damaging to Biden in particular because it exposes his integral role in the set up and collusion with Ukraine, The DNC, Obama, Hillary, her campaign, The Deepstate, the media, and even Congress. No detail is spared. No name left hidden. https://www.investmentwatchblog.com/bidens-done-new-info-reveals-his-massive-role-in-2016-election-interference/

 

 

VIDEO: JULIÁN CASTRO ESCORTS ILLEGALS INTO AMERICA – BORDER PATROL DEPORTS THEM IMMEDIATELY

... The botched publicity stunt took place near Brownsville, Texas where Castro walked across a bridge from Matamoros, Mexico with eight LGBT illegal immigrants and a deaf Salvadoran woman, accompanied by her three family members.  The presidential candidate was attempting to help the group claim asylum in the United States, but the Trump administration’s “Remain in Mexico” policy ensures border crossers aren’t released into America and instead are to remain in the country until their asylum pleas are adjudicated...  https://www.infowars.com/video-julian-castro-escorts-illegals-into-america-border-patrol-deports-them-immediately/

 

Chinese Citizens Will Be Required To Scan Their Faces To Use The Internet

...welcome to 1984...

 

Sadiq Khan’s London: Group of 6 Males Targeted By 16 Thugs, Only White Victims Accosted

https://www.theburningplatform.com/2019/10/07/sadiq-khans-london-group-of-6-males-targeted-by-16-thugs-only-white-victims-accosted/

 

'WIKILEAKS OF COVERT ARMS': INVESTIGATION REVEALS UK SHELL COMPANIES SERVED AS US WEAPONS 'RAT LINE' INTO SYRIA

Most recently Arms Watch published emails exposing how British shell companies were used as cover for a US government program to arm militants in Syria, called in internal memos 'Task Force Smoking Gun'.

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