If they choose a rust belt friendly union middle classer they probably underperform in the wedge-issue southwest. If they persist in identity politics Trump may well use jobs and taxes to woo the rust belt even more red than it was in 2016.
The deep state has been duped, the plan set forth between China and Russia is working, this was the double freeze plan. North Korea stopped testing and the US stopping have drills. The French see no evidence that Syria used chemical weapons, the deep state is still pushing their agenda.
The attack on the coalition forces was completely fabricated, the deep state used this plan back in 2016 when they attacked the Syrian Army, they are now using the same tactic but the story is falling apart very quickly. There is a high probability that the deep state might try something during the Olympics.
The MSM just until weeks ago, were trumpeting the end of Trump and the Republican party, citing polls that indicate the rise of the left and the fall of the right. Now the coin has flipped and support for the Democratic party has all but collapsed. In addition to this, they are completely and utterly broke as their wallets dry up in conjunction with their support. With no clear leader yet in sight? How will they fair in the 2018 mid terms? I think you can make an educated guess.
The velocity of money is hit the bottom, the inflation indicators are off the charts. The stock market has declined by another 1000 points, the stock market wars are in full swing. The battle wages on, the system is on the brink of disaster, the central banks want to bring it down, the transition is not complete, this is why they need to bring it down now.
Gold was off to a good start this year but has not rallied in the face of recent volatility in equity markets.
Bill Baruch, president of Blue Line Futures, said that a lot of gold’s rally in the new year was due to seasonal factors. “Ultimately, I do feel that there is a seasonal play,” Baruch told Kitco News, “people look for that time to reinvest or purchase gold as they look at and re-evaluate their portfolios.”
Gold has not been rallying on the back of stocks falling because investors are selling gold to cover margin calls, according to Baruch. “People position long gold ahead of a stock market correction, and not necessarily buying gold after a stock market correction,” he said, “and because of that, after a correction, people have to rebalance their portfolios; assets come out of gold in order to meet margin calls in stocks.”
Baruch said that gold is currently in a bull phase and maintains his bearish dollar view in the long run. “Ultimately, I think there’s going to be a really great buying opportunity here for gold,” he said, “the dollar index, I’m watching very closely, it has a little bit more upside, right around 91.75 – 92, and on the downside, the euro is a big part of that trade, and I think there’s a lot of support in the euro around 122.”
Baruch said that he is waiting for the currency side of the trade to get to gold-bullish levels. “The currencies were really a big part in why gold rallied in January; the dollar got clobbered,” he added.
Debt has hit an all time high, credit card, auto and student debt, savings has hit an all time low and we are starting to see an acceleration in delinquencies.
The student loan debt defaults are rising and more and more students cannot pay back their loans. Congress just approved more spending and tax cuts, this mix is not going to end well.
The market is fluctuating and the real agenda is starting to take shape. The bill to audit the Fed has been re-introduced and this time it might get pushed through.
Total gold ETF holdings are at their highest level since May, 2013, and this could be due to a growing interest in commodities in general.
Will Rhind, CEO of GraniteShares, told Kitco News that growing interest in gold is driven by two main factors: “weaker U.S. dollar, and more volatility and increasing fears of inflation in the market.”
Rhind compares gold’s recent failure to rally in response to stocks dropping earlier in the week to what happened in 2008. “When you have a big shock in the market, what actually happens initially is that gold prices don’t respond in a very positive way,” he said, “and the reason for that is because the immediate risk-off trade is normally into the U.S. dollar and U.S. treasuries, and that’s exactly what happened in 2008; gold actually fell first when [stocks] crashed, but only then really started to pick up.”
On monetary policy, Rhind doesn’t see rate hike expectations weighing on gold. “I think the rate hikes are priced into the gold market. If you look at what happened to the dollar when the tightening cycle started, the dollar started to fall, and gold prices and commodities started to move up,” he said.
Rhind added that investors should focus less on monetary policy when assessing gold’s future and more on the dollar and equity market volatility.
Last year may have been ruled by bitcoin and the crypto space but is 2018 shaping up to be the year of the yellow metal?
Watch the much anticipated debate between three titans of the gold space; bestselling author Jim Rickards, Sprott’s Rick Rule, and Kitco Metals global trading director, Peter Hug give their matter-of-fact, point of views on the metal.
With Rule kicking things off by noting, “gold did what it had to do in 2017,” does he expect it come out with a bang in 2018? And what about Rickards? Is he holding onto his $10,000 gold call and if so, what context does he see this happening under?
Hug, known as the most conservative of the three with his gold forecast, also surprises viewers with some thoughts. So watch now and find out who thinks this is the beginning of the greatest bull market of his lifetime!
The corporate media is pushing the idea that Nunes doesn't know what he is talking about because he didn't read the memo, the fact is he sent Trey Gowdey to read the memo.
Steele wrote the memo based on Clinton's information. Schiff threatens the US with another false flag. North Korea and South Korea are meeting before the Olympics. The cabal (deep state) pushes the propaganda about North Korea and where they go their nuclear technology. US is removing the troops from Iraq and re-positioning some of them in Afghanistan to go after the IS.
The cabal knows there will be more information coming out into the open, investigations have been opened against the FBI, DOJ and special counsel has been hired to investigate.
The economic system is breaking down, retail, gdp, housing and now the stock market. The market has dropped a considerable amount and it has wiped away all of the 2018 gains.
Is this a distraction, is this the economic crash, watch gold. The government is slated to borrow another trillion dollars to keep the entire system running, this borrowing and the amount of debt we are in is completely unsustainable.
The memo was released and the propaganda is being pushed to show its a conspiracy, that Trump is trying to cover up the Russian collusion, this is all a distraction. Trump speaks to Moon Jae in prior to the winter Olympics.
Henry Kissinger says that a strike on NK is very high. This is part of the cabal's (deep state) plan to make everyone believe that war is coming.
The rebels in Syria shot down a Russian plane, the man-pad was supplied to the Kurd's and then transferred to the paid mercenaries, This was a message to Russia that their planes can be shot down and its part of the agenda to push a war.
First, James Corbett demystifies the confusion between Bitcoin and blockchain.
These terms are not interchangeable, and much of the confusion has led to a irrational hype. However, Corbett sees the blockchain in combination with a cryptocurrency could change the financial system as we know it.
It could almost completely disintermediate the financial system, making everyone their own banker. But a cryptocurrency can also be controlled.
If central banks issued cryptocurrencies, the currency could become a tool of totalitarianism. Corbett says we cannot let this happen.
In a report that repudiates the FBI's argument that releasing the FISA memo would have "grave consequences" for national security, Washington Post reported Friday that White House Chief of Staff John Kelly believes the memo's contents wouldn't harm national security. In fact, he believes the House Intel Committee's salacious claims about the document and its probable impact have been overblown.
However, Kelly also advised President Trump that releasing the document wouldn't compromise national security (a credible endorsement, considering Kelly's extensive resume in that area).
During the Jan. 18 call where two House conservatives - Rep. Jim Jordan and Freedom Caucus leader Rep. Mark Meadows - first raised the subject of declassifying the Nunes memo, Trump was unfamiliar with the topic and more focused on trying to stave off a government shutdown.
This would change however after Trump listened to Rep. Trey Goudy argue for the memo's release on Fox News. Around that time, Trump became convinced that the memo should be released before he even read it after discussing the memo with friends, advisers and Republican lawmakers.
The president did not actually see the memo - written by House Intelligence Committee Chairman Devin Nunes (R-Calif.) and Nunes’s staff - until Wednesday afternoon, following the committee’s Monday vote to initiate its release, officials said. White House Chief of Staff John F. Kelly marched the document into the Oval Office so that he and Trump could briefly discuss it before the president’s meeting with regional reporters.
The president was then left alone to read the memo in its entirety.
A White House official said Kelly returned a few hours later and shared with the president his opinion: that releasing the memo would not risk national security but that the document was not as compelling as some of its advocates had promised Trump.
Still, even before viewing the document, the president recognized its potential utility, reportedly mused to senior aides that the memo might provide the cover he needs to fire Rosenstein, or make other changes at the DOJ...
According to WaPo, Kelly even met Monday afternoon with FBI Director Christopher Wray and Rosenstein and listened to their arguments against the release, saying the memo could expose classified information and was an "inaccurate depiction of the bureau’s investigative methods." But Kelly remained unconvinced. Wray called Kelly later the night to make one final pitch, which Kelly rebuffed.
On Tuesday, five FBI officials, including at least one from counterintelligence, went to the White House to discuss their concerns with Kelly, a White House official said.
Director of National Intelligence Daniel Coats also met with Kelly at the White House this week to express his reservations, one U.S. official said.
But Kelly was not swayed.
Vice President Mike Pence is also reportedly on board with the memo's release, with he and his team also pushing for its release. Pence hinted at his view in an interview Wednesday with Politico.
"I’ve always believed in the public’s right to know, and I stand by that principle," Pence said. "But we’ll respect whatever decision the president makes concerning that memo."
To be sure, the White House has recognized the potential for political pitfalls, ad has orchestrated the process so that Congress will have "full ownership" of the memo in the event that it is "a dud." So the president’s advisers made a decision to create at least the perception of distance between the White House and the House Intelligence Committee, leaving the public cheerleading for the memo’s release largely to Republican lawmakers.
This way, Trump has managed to skew the risks of releasing the memo in his favor. If the memo gives him the cover to make the changes at DOJ - fantastic. But if it's a dud, Nunes will take the brunt of the criticism. The White House said it would approve the release of the memo Friday, but final decision lies with Nunes and company...
After hitting the key resistance level of $1360, gold became overbought, and corrected back down, Rubino says. A currency reset is the only way out of our financial problems, Rubino says.
The fundamentals of gold and silver are "outrageously bullish." Plus, China, Russia, and India are buying massive amounts of gold. Rubino sees if interest rates continue to rise, a bond market collapse could result. "A bond market crisis could set off a huge bull run for precious metals."
Since silver is such a small market, "It would be easy to picture silver going up by huge jumps - $10 in a day - for five or six straight days.... That's completely feasible."
After a week of intense speculation, Speaker Paul Ryan has backed President Trump's wish to release the infamous "FISA Memo" on Friday (despite Nancy Pelosi's demands that its main architect, House Intel Committee Chair Devin Nunes, be moved from his position), the president pushed back against accusations that he's politicized federal law enforcement, claiming that the FBI's leadership is truly to blame.
"The top Leadership and Investigators of the FBI and the Justice Department have politicized the sacred investigative process in favor of Democrats and against Republicans - something which would have been unthinkable just a short time ago. Rank & File are great people!," the president said in the first of two tweets.
In the second, he included a quote from Judicial Watch head Tom Fitton about the Democratic skullduggery that was involved in the creation and funding of the memo, which may have been used improperly by the FBI to secure a FISA warrant against Trump campaign adviser Carter Page.
"'You had Hillary Clinton and the Democratic Party try to hide the fact that they gave money to GPS Fusion to create a Dossier which was used by their allies in the Obama Administration to convince a Court misleadingly, by all accounts, to spy on the Trump Team.' Tom Fitton, JW"
Republican leaders have pushed back against Democrats' objections by calling for increased transparency at the law enforcement agencies.
As reported on Thursday, Trump reportedly has viewed the memo and been briefed on its contents. Once he signs off, it will be up to Nunes and his peers to deliver the final OK.
Meanwhile, the FBI has promised to release a rebuttal of the four-page memo that it says provides crucial details and context for the information compiled by Nunes, while also warning that the bureau has "grave concerns" about the memo's release. Meanwhile, one Republican lawmaker said the FBI is right to be concerned - because the revelations in the memo will "shake the FBI to its core"...
Some of Trump's critics have warned about the national security implications of releasing the memo over the FBI's objections. Former CIA Director Leon Panetta even went so far as to say the release could even trigger "a constitutional crisis," during an interview with NBC's Chuck Todd.
Nunes has said the memo contains evidence of "egregious abuses" of the FISA power by the FBI during the Obama era.
On Thursday, Rep. Jeff Duncan said that "Having read “The Memo,” the FBI is right to have “grave concerns” - as it will shake the organization down to its core - showing Americans just how the agency was weaponized by the Obama officials/DNC/HRC to target political adversaries."
