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So 2000 holds on S&P
the Scum now own another huge chunk of corporate America and are short only God knows, how much more Gold and PM shares.
On all the biz channels=shills saying=”this is not a Lehman moment”–we shall see-a bounce is due-gotta see the quality of it…
from Zerohedge:
“Traders are frantic this morning as George Osborne’s calming words have done nothing to halt the carnage. From Italian bankscrashing over 25% to British banks being halted, trading at record lows, to Deutsche Bank extending its Lehman-esque trend, as one veteran stock market trader in London said, “it’s a f##king bloodbath, not even Draghi can save this one. ” The contagion is spreading however as UK default risk has spiked to 3 year highs and USD liquidty needs are surging with funding markets seeing serious distress.”
[Giggledy-F___] Gold to da moon!
Farmboy
Re Super state
This I think is the 5 Presidents plan, that was kept from the UK and was going to be published post Brexit….U gotta wonder where their brains are, coming out with this crap.
Ps Get that S&P above 2000 for the close…no matter how much u have to buy…….Lloyd has spoken.
Kremlin Says Brexit Turmoil Reminiscent of Soviet Union Collapse
The upheaval in the U.K. after its Brexit referendum in favor of leaving the European Union has similarities to the 1991 collapse of the Soviet Union, according to Russian President Vladimir Putin’s spokesman.
The upheaval in the U.K. after its Brexit referendum in favor of leaving the European Union has similarities to the 1991 collapse of the Soviet Union, according to Russian President Vladimir Putin’s spokesman.
While it’s “unreasonable to draw direct parallels,” it’s obvious that the U.K. is going through a “turbulent, confusing and unpredictable period,” Kremlin spokesman Dmitry Peskov told reporters on a conference call Monday. Russia “has gone through the collapse of the Soviet Union and many generations clearly remember the period of the Soviet collapse, that period of uncertainty.”
Russia is following events closely because of potential economic consequences, though there are “more questions than answers” now, Peskov said. The Kremlin has often urged the U.K. to restore ties in recent years, and it will work to maintain good relations with the EU since Russia has an interest in a “stable, fast-developing and predictable” Europe, he said.
The Soviet Union was dissolved in December 1991 after Communist hardliners staged a failed coup attempt in August against plans by General Secretary Mikhail Gorbachev to reorganize the state’s relationship with individual republics. Putin called the superpower’s collapse “the greatest geopolitical catastrophe” of the 20th century in a 2005 address to the Russian parliament. He’s urged former Soviet states to rebuild ties through the Eurasian Economic Union, though he’s denied that Russia wants to restore its former empire.
Somehow, You Just Knew This Was Coming ;
European SUPERSTATE to be unveiled: EU nations ‘to be morphed into one’ post-Brexit
EUROPEAN political chiefs are to take advantage of Brexit by unveiling their long-held plan to morph the continent’s countries into one GIANT SUPERSTATE, it has emerged today.
http://www.express.co.uk/news/politics/683739/EU-referendum-German-French-European-superstate-Brexit
Also no surprise that gold’s selling off–gold was up almost $100 friday
the 2 or 3 days like that–that I can recall in the last 15-20 yrs–were ALWAYS a top–such is the “rig”
No to surprise to this forum—drugs involved in 90% of these episodes
Orlando Shooter Spent Final Days Obsessing Over Psychotropic Drugs — Feds Suppressed This Info
TOPICS:Matt AgoristMental HealthOrlando Shooting
June 23, 2016
mateen-psychotropic—By Matt Agorist
The deranged psychopath responsible for the worst mass shooting in modern U.S. history may have been on dangerous psychotropic drugs according to a report out of Reuters on Thursday. What’s more, government officials knew this information but told a witness to not to say anything about it.
In their mad rush to use this tragedy further the American police and warfare state, the federal government has been steering the narrative to further their own agenda — truth and facts be damned.
Last week, we reported that Marco Diaz, the current fiancé of Orlando shooter Omar Mateen’s former wife Sitora Yusufiy, told Brazilian television station SBT Brazil that Yusufiy believed Mateen was gay and that she had witnessed Mateen’s father call him gay several times, but that “the FBI asked her not to tell this to the American media.”
Yesterday, we reported on a man claiming to be Mateen’s lover, who explained the reason for the shooting was not based on Islamic fundamentalism, but rather a form of “revenge.”
Now, we are finding out that investigators had knowledge Mateen could have been on psychotropic medication, knew it was affecting him, and chose to cover it up.
Speaking with anonymity to Reuters, an acquaintance, who frequently ran into Mateen at work, said they watched him drastically change just prior to the shooting. According to the source, who saw Mateen the day of the shooting, he dramatically changed his appearance that fateful day. Mateen shaved his head and face and seemed agitated and surly just before he went on a killing spree.
But that is not all; the acquaintance said that Mateen was infatuated with anti-psychosis medication in the days before the shooting. Mateen told the acquaintance that he was tired from staying up all night researching the drugs.
According to the report in Reuters, the acquaintance passed the gate where Mateen worked as a security guard for years, and the two became friendly, making small talk several times a week.
About three weeks before the attack, he noticed Mateen seemed agitated and asked him if he was all right, according to the report. Mateen said he was worn out from staying up all night to research psychiatric medication, although he did not say he was taking specific drugs.
“He’d been real worried about whether or not he’d slipped into psychosis,” the acquaintance said. “He wasn’t as friendly. He was obsessed with researching medication online.”
“The last month, he looked worried, he looked upset, he looked confused,” the acquaintance said. “He didn’t seem himself.”
Approximately 18 hours before Mateen would walk into Pulse nightclub, the acquaintance would see him for the last time. In the early morning hours of June 12, the acquaintance drove up to the gate, but Mateen was not there.
After waiting for a few minutes, Mateen finally appeared — silent, with a transformed look, shaved head and face, and without his glasses.
When the acquaintance asked if he was okay, the usually polite Mateen responded, “What’s it to you, anyway?”
As Clinton, Trump, and the rest of the blowhards in Washington use this tragedy to push for gun control and more war, they are grossly misleading the public.
As Jay Syrmopoulos pointed out this week, the U.S. homicide rate has hit a 51-year low as gun ownership has increased 141% over that same period. America does not have a gun problem — however, we most certainly have a drug problem.
To discount Mateen’s potential use of anti-psychotic drugs would be grossly irresponsible.
Suicide, birth defects, heart problems, hostility, violence, aggression, hallucinations, self-harm, delusional thinking, homicidal ideation, and death are just a few of the side effects caused by the medication Mateen was researching.
There have been 150 studies in seventeen countries on antidepressant-induced side effects. There have been 134 drug regulatory agency warnings from eleven countries and the EU warning about the dangerous side effects of antidepressants.
Despite this deadly laundry list of potential reactions to these medications, the use of antidepressants has skyrocketed by 400% since 1988.
Currently, 11 percent of all Americans 12 years of age and over take antidepressant medication, this is a higher rate than all other countries in the world.
There are most certainly people of all ages that can benefit from certain prescription medication. However, the most worrisome aspect of Mateen’s ties to anti-psychotic medication is that the majority of mass shooters in recent U.S. history have links to these same meds.
This is not some conspiracy theory either. The side-effects listed by the drug companies themselves include delusional thinking, suicide, and homicidal ideation.
One single psychiatric medication prescribed to help people quit smoking has been tied to an epidemic of aggression and suicide.
In only five years, 544 suicides and 1,869 attempted suicides were reported to the FDA as “adverse events” in connection with the drug Chantix, according to documents obtained by America Tonight under the Freedom of Information Act.
The website SSRIstories.org has also been documenting the link between selective serotonin reuptake inhibitors (SSRIs) and violence. On the site is a collection of over 6,000 stories that have appeared in the media (newspapers, TV, scientific journals) in which prescription drugs were mentioned and in which the drugs may be linked to a variety of adverse outcomes including violence.
As the establishment continues to scramble for a narrative on the Orlando shooting that fits their agenda, a very severe potential cause for this man snapping and murdering people is not only being ignored, it is being actively suppressed.
Gold going up and HUI going down
Ruh roh for tomorrow says Scooby. The Banks Universal signal to the world. This Ground Hogs day event is simply a drag. Will there ever be a different outcome? Keep stacking if you can. Someday it will be all that is left. Question is if there is complete chaos then, what value will it really have. Keep stacking the pantry too and the lead. Pray when all else fails.
Gold Funds should do well
They are not margined and have no debt and therefore not subject to sell off pressure to make margin calls…in DOW & S&P ..if im correct ! Individual stocks may incur some selling pressure to make margin calls..This will leave the Gold Funds very intact and positioned more attractive as safer Gold investments than individual stocks. Also most Funds are now Royalty RICH ,holding large amounts of Royal Gold ,Franco Nevada, Silver Wheaton and in the case of TGLDX Gold Bullion coins…!
I correctly rode out the metals decline in Royalties and now My Gold Funds may lead the way up as well….The diversity of Royalties is also abetted by the diversity of Gold Funds in General .
The future prospect of DIVIDENDS from the Royalties is OUTSTANDING AND WILL ENHANCE THE DIVIDEND PROSPECTS OF THE fUNDS ALONG WITH long term capital gains TAX BENEFITS …ta da !
ITS BETTER THAN cash ..(negative interest rate) AND FAR SAFER than even a BANK ACCOUNT as evidenced by the previous POST ..commish @ 13:23 on June 27, 2016 ,..Better than BONDS paying ZERO with HUGE Default Prospects ….Whats NOT to LIKE ?
PS re Lower PMs
With the blood bath going on in general shares, people get margin calls and sell their profit laden miners to help, or off set losses as they cash out.
Re That Big Two Day Jump, Fri And Today In The US Dollar Is Ab-Normal
My guess is TPTB will BOP IT DOWN soon. The margined futures players and opinions that drove it up will get punished. Everyone was wrong about Trump and Brexit, and they are all wrong to bet on the dollar going higher.
The US Dollar does not have a mind of its own. It does what the US Fed wants it to do. Sometimes they want it higher to Temporarily help Europe and Japan, but since 2008, the USA has big debt, big budget deficits, low wages and poor domestic business priority.
The situation globally is very simple.
This Dot Com Dollar Spike CAN’T be a new up-trend. Buy the gold dip can’t hurt.
http://finviz.com/futures_charts.ashx?t=DX&p=h1
hope you are right Mr. Copper
but I think we will get what the banks want. Shorts at record levels will draw their “pound of flesh” until the game is over and it is not over yet apparently.
One would have thought that the PMs could have held up a little bit longer.
I guess it was wishful thinking on my part that the Banks are not in control STILL. Oh well. I was hoping for a little bit longer “foreplay” before the ****ing began. The flush out will soon begin. Hopefully it is a short and quick “drilling”.
newtogold @ 11:33 HUI heading to red
Dow climbing since 11:26, if it keeps climbing off that low, PMs should get a tailwind.
ipso facto @ 10:50 re but what’s really “normal”?
Basically, everything that was ABNORMAL, after WW II was changed to normal. Everything that decades ago was NORMAL, was converted or modified by mass media to be AB-normal. I wrote a post on that long ago.
The abnormality of so many things has taken its toll, lots of anger, and distorted reality so much, that everything like Trump and Brexit is evidence that rotating AWAY from ab-normal back to normal.
Its going to rough for many people and businesses that BENEFITTED from ab-normal markets and politics, then going back to normal. If you are not an alcoholic, you are normal. Being an alcoholic is ab-normal. Going back to a non-alcoholic state, we all know would be rough, but better for later.
HUI heading to red
Can Gold be far behind? Hope not but with SM down, can’t have the PMs up. Hope I am wrong but I doubt it. The Crimex shorts are doing there job. The question is for how long? Lots of people leaning toward correction here. Hard not to take that position when the banks always win with their naked shorting abilities and now new record number positions. Still , I hope and think after a few days and we move up to higher highs say by the weeks end. Would love to see a continued crash in the general equities tho the PPT seems to always win there too but not always.
deutschebank down another eight percent
european vacations will be lots cheaper this summer.
Buygold
Wouldn’t surprise me if the SM is done. Held up on fumes and PTB intervention IMO.
I guess some profit taking in the miners is normal … but what’s really “normal” now with the cretins bashing us regularly …
Cheers
PS I guess the downturn in the SM could be affecting the PM shares as well. An ignorance index! 
Armstrong
While everyone is busy blaming the Brits, the real culprit is the EU. The audacity of various EU ministers demanding immediate withdraw is akin to a spouse who just discovered their partner was cheating. They may say beware of a woman scorned, well it looks like this applies to male politicians as well. The brain-dead morons cannot grasp that they crossed the line and embarked upon a political union in which they have denied any democratic process because they assume the people are too stupid to see what they see.
The markets will settle down and then flip. The smart money will figure out that London will remain as a financial center, as will Zurich. But there will be no such center within the EU because the politicians have a mechanism in place to outlaw short-selling at their discretion whenever the markets say they are wrong. BREXIT is the survival of Britain, not its demise. The crisis brewing is eight member states will ultimately follow Britain and hold referendums. Brussels may be the most hated political entity exceeded only ben Venezuela.
Hey Ipso
yeah, that 240 level on the HUI is a huge wall for some reason and is keeping us in a tight range.
Surprised they haven’t brought the SM back today. Go figure.