[KR1045] Keiser Report: Jon Corzine’s Big, Bad Bond Bet

We discuss the lawsuit by the administrator of MF Global against PwC for, ultimately, Jon Corzine’s big, bad European bond bet. In the second half Max interviews Charles Hugh Smith of OfTwoMinds.com about whether or not the Federal Reserve Bank has already lost control.

100 comments on “[KR1045] Keiser Report: Jon Corzine’s Big, Bad Bond Bet
  1. microhousehold says:

    Kraftwerk – The Robots

    https://www.youtube.com/watch?v=VXa9tXcMhXQ

  2. poopysnot says:

    Excellent show, Charles is the man. Loved 1st half too =)

    Inflation, But Only Where It Hurts
    http://www.alhambrapartners.com/2017/03/15/inflation-but-only-where-it-hurts/
    March 15, 2017

    Gold & Silver Soar After The Fed’s Clown Show
    https://www.youtube.com/watch?v=OjXdG0Vovc0
    Shadow of Truth – Mar 16, 2017

  3. @poopy – yep, I like Charles, too; he’d be good for a two hour long podcast. We may start doing more podcasting soon now that we’re back in states and the living is easy. 😀

  4. poopysnot says:

    @Stacy – would be great to see that, we dont get to hear from him often enough

    .. and he still only has 3 videos up =)~
    https://www.youtube.com/channel/UCOpak8xspnTTUUb4kXTwDeA/videos

  5. Vonda Bra says:

    .

    So true, Charles definitely IS the Man !!!

    KR – Triple header ? 😉
    Go, Stacy .. please Go!

    .

  6. Agnes says:

    Bitcoin may appear decentralized on the surface, but it depends on the electrical grid system, which is centralized. It’s not that hard to pull the plug on a vital node.

  7. ronron says:

    @Agnes. bit coin will never appear. it does not exist.

  8. ronron says:

    although i hear it;s all the rage under Antarctica.

  9. poopysnot says:

    uh oh ..trouble in paradise

    NEWS AND VIEWS FROM THE NEFARIUM MARCH 16 2017
    https://www.youtube.com/watch?v=-Z60RCwV6EQ

    The German franchise of the Nefarium was busy in 2015, according to a new story on RT, and it’s bad news for Mad Madame Merkel:
    https://www.rt.com/news/380581-merkel-turkey-refugee-deal/

  10. poopysnot says:

    Yesterday was ‘WhatTheF$ckWednesday’ with Andrew Hoffman:

    Andrew Hoffman – The Rothschilds and the Ides of March
    http://financialsurvivalnetwork.com/2017/03/andrew-hoffman-the-rothschilds-and-the-ides-of-march/
    March 16th, 2017 (Audio)

    Tom Cloud’s Precious Metals Market Update (03/16/17
    https://www.youtube.com/watch?v=gFXTHJKkiII
    Follow the Money – Mar 16, 2017

    New Bill Allows Genetic Testing of Employees
    https://www.youtube.com/watch?v=CQaTa-BUmmU
    corbettreport – Mar 16, 2017

  11. YoLithos says:

    “…one of the world’s longest-running, decentralized trade networks was established by nomads. The Silk Road was, in a sense, the exact civilization you’d expect nomads to build.

    Centered around the ideal of travel, shaped by tribes, nations, and empires from across Eurasia, the Silk Road thrived on movement and change.

    Like the nomads who founded it, the Silk Road’s greatest strength was an orderly flexibility. And it endured longer than most of the world’s empires. …”
    https://arstechnica.com/science/2017/03/new-research-reveals-origins-of-the-ancient-silk-road/

  12. YoLithos says:

    Cystic fibrosis patients live 10 years longer in Canada than in the US
    Universal healthcare and more transplants…

  13. YoLithos says:

    https://arstechnica.com/science/2017/03/scientists-to-epa-head-you-dont-know-what-youre-talking-about/
    On an abstract level, perhaps. On practical level he probably just doesn’t care. The USA has been handed over to a coven of Charles Mansons, Bundys, Donner Partisans… and so on. Not only criminally insane, but with rabies.

  14. YoLithos says:

    Where slaughtering 100000 fleeing demoralized troops from the air is “ok”. And letting 500000 children die from hardship imposed by unnecessary sanctions. Or … It’s a long list.

  15. Hondo Stalwart says:

    FED is still on track
    https://www.youtube.com/watch?v=O4TufnaFG88

    No worries, it’s all under control.

  16. YoLithos says:

    “Advertisers look forward to buying your Web browsing history from ISPs.
    If the FCC rules are eliminated, ISPs would not have to get consumers’ explicit consent before selling or sharing Web browsing data and other private information with advertisers and other third parties. The FCC issued the rules when it was led by a Democratic majority last year.”

    “Greedy drug maker purposefully flooded black market with opioids”

    “Online Mega-Retailer AIs invade iPhones”
    “Ghost Calls clog 911”

    ‘The tweets preceded a flurry of activity from lawmakers at the state and federal level in Australia.”You’re most welcome. Very exciting to discuss the future of electricity. Renewables + storage arguably biggest disruption since DC to AC.”That’s why I asked our clean energy finance agencies to focus on storage – vital now w generation more distributed & variable.”‘

    – Mobile dynamically networked, distributed local energy production. “The Future, today.” 🙂

  17. YoLithos says:

    They shouldn’t have mentioned that microwave hack. They really shouldn’t. That was criminally negligent. Irresponsible.

  18. Frans says:

    NEWS AND VIEWS FROM THE NEFARIUM MARCH 16 2017
    https://www.youtube.com/watch?v=-Z60RCwV6EQ

  19. Frans says:

    John Corzine? Never heard of the guy, or do you mean John the Slime Corzine?

  20. YoLithos says:

    Cover your genes days.

  21. Frans says:

    Ha snoopy, you too? I WAS FIRST! 🙂

  22. YoLithos says:

    What happens when advertisers get a hold of your genetic history from your employees? Or drug tests. Or when they decide to correlate it with “responsible” behavior? Thank goodness it’s not about racism. But then, neither was eugenics. This time, it’s only business.

  23. poopysnot says:

    Rob Kirby – LOBALISTS FAIL AGAIN, POPULISM RISING
    https://www.youtube.com/watch?v=Vpu3TPMOqY0
    SilverDoctors – Mar 16, 2017 ///

    FED RATE HIKE & What It Means For The Economy – FOMC Recap & What Happens Next?
    https://www.youtube.com/watch?v=G2RIVtY1X0Q
    McAlvany Financial – Mar 16, 2017

  24. poopysnot says:

    @Frans – neener-neener =)

  25. poopysnot says:

    woops .. i meant Gobalists

  26. poopysnot says:

    Andrew Hoffman – The Inevitable, Decisive 200-Week Moving Average War Victory
    https://www.milesfranklin.com/audioblog-187-the-inevitable-decisive-200-week-moving-average-war-victory/
    Audioblog #187 – Mar 16, 2017

    TURDtime – Craig Hemke
    http://www.kereport.com/2017/03/16/technical-factors-gold-turned-postfomc-rate-hike/
    Korelin Economics Report – (Audio) Mar 16, 2017

    –Deplorable–
    http://www.cartoonistgroup.com/properties/benson/art_images/cg58c75e4cc01c8.jpg
    http://i.imgur.com/8UEAbdn.jpg

  27. poopysnot says:

    8 Times The Simpsons Freakishly Predicted The Future
    https://www.youtube.com/watch?v=qj-FpBGrx9A
    Looper – Mar 16, 2017

  28. poopysnot says:

    this was also an entertaining chat with Charles from last year.. pretty funny interview

    Charles Smith — The Magic Of Bit Coin & Crypto Currency, Charles Smith & The Philosophy Of “Waking Up”, Why Trauma And Intoxication Can Help
    https://www.youtube.com/watch?v=HBLQo7shJZE
    Vinny Eastwood ((Aug 25, 2016))

    ~nite everyone~

  29. poopysnot says:

    Nigel Farage Interviews Marine Le Pen
    https://www.youtube.com/watch?v=s_foMTRIOmM
    TNTV Total News T.V — Mar 15, 2017

  30. poopysnot says:

    Dr Jim Willie on Revolution Radio March 14th 2017
    https://www.youtube.com/watch?v=7aiHb2rXXdI
    Mitchell Bupp – Mar 16, 2017

  31. Youri Carma says:

    OIL

    Has OPEC Underestimated US Shale Once Again?
    http://www.zerohedge.com/news/2017-03-16/has-opec-underestimated-us-shale-once-again

    Brent crude $52.00 and U.S. crude $49.00 A Barrel Now
    http://www.bloomberg.com/energy

  32. Andy Perry says:

    General Theory Of Money

    I have argued that the actual history of politics and economy is not a duopoly/dichotomy of left or right or working class or capitalist or nationalist and globalist but rather a number of competing factions that use money forms to extract wealth and regulate and divide up the economy. This is the true underlying form of politics under capitalism.

    But we can take this further and argue that each faction has its supporters in wider society and that this is the actual way we can understand how society is divided up and operates. Each faction has a broader money constituency within society that supports it. This constituency uses their specific money form to extract wealth from the general economy.

    Factioncash has a corresponding cash constituency. Factioncash is the REAL PARTY of Cash constituency.

    Factioncredit has a corresponding credit constituency Factioncredit is the REAL PARTY of Credit constituency.

    Factionbond has a corresponding bond constituency Factionbond is the REAL PARTY of bond constituency.

    Factionequity has a corresponding equity constituency Factionequity is the REAL PARTY of equity constituency.

    FactionInsurance has a corresponding insurance constituency FactionInsurance is the REAL PARTY of insurance constituency.

    Factionderivative has a corresponding derivative constituency Factionderivative is the REAL PARTY of derivative constituency.

    Factiongold has a corresponding gold constituency .Factiongold is the REAL PARTY of gold constituency.

    Factioncrypto has a corresponding crypto constituency Factioncrypto is the REAL PARTY of crypto constituency.

    Actual political identity; that which determines what any individual or group within capitalism will do is determined by the form of money each faction uses.

    From this we can observe that some factions have a greater or lesser constituency than others to the extent that some constituencies have little or no faction representing them in the elite and some factions have little or no constituency on the ground.

    This exactly and specifically determines how each faction/constituency will act politically. It means we can begin to predict with an unprecedented degree of precision what each grouping will do.

    These degrees of constituency can be arranged and compared in a PERIODIC TABLE OF MONETARY FORMS.

    We can draw an analogy with the model of an atom. Factions represent the nucleus and constituencies represent the electron configuration outside the nucleus. CONSTITUENCIES therefore influence the relatively trivial domain- the physics and chemistry of the economy and factions influence the profound- the atomic power of the economy.

    While the specific balance of components varies from nation state to nation state the basic relationship can be described thus

    From top to bottom these are the money forms with the largest real parties (constituencies)

    (Largest constituency):

    FactionInsurance

    Faction Credit

    Factioncash

    FactionEquity

    FactionBond

    FactionDerivative

    FactionCrypto

    (Smallest constituency)

    This is an extract from the latest post on U.S.E.

  33. Youri Carma says:

    FED

    “This Is Not The Reaction The Fed Wanted”: Goldman Warns Yellen Has Lost Control Of The Market http://www.zerohedge.com/news/2017-03-16/not-reaction-fed-wanted-goldman-warns-yellen-has-lost-control-market

    The Fed’s 0.25% rate hike had the same effect as a 0.25% race cut! In other words, whether on purpose or otherwise, according to Goldman the Fed, which now wants to tighten financial conditions (i.e., see asset prices lower) not only achieved the opposite, but has now lost control of the market.

    Of course, if the first of two, three or four rate hikes in 2017 is any indication, the market, already sloshing in trillions of excess liquidity, will simply take the Fed’s next tightening as an indicator of easing, and send risk assets to even more obscene highs.

    So what do you expect from the Fed for the rest of 2017?

    A: Our modal forecast remains for a total of three hikes this year, with remaining moves at the meetings in June and September, followed by four hikes each in 2018 and 2019. We see a 60% subjective probability that the next hike occurs at the June 2017 meeting, 10% for July, and 20% for September. We also expect an announcement of gradual balance sheet rundown in December; if this does not occur, the likelihood of a fourth 2017 hike would increase. At the margin, today’s FCI move has increased our conviction that the committee will need to deliver more tightening than priced in the markets at this point.

    Albert Edwards: This Is The Reason Why The Market Doesn’t Believe The Fed Any More http://www.zerohedge.com/news/2017-03-16/albert-edwards-reason-why-market-doesnt-believe-fed-any-more

    The market doesn’t believe the Fed will tighten as fast as they say they plan to (see left-hand chart below). If the market took the FOMC at their word and discounted a 3% Fed Funds rate at the end of 2019 and beyond, then we’d probably have a 3% nominal 10-year Treasury yield by now.”

    RBC: “The Fed Is Now Forced To Walk Back The Market’s Incorrect Dovish Interpretation” http://www.zerohedge.com/news/2017-03-16/rbc-fed-now-forced-walk-back-markets-incorrect-dovish-interpretation

    Now, in a follow up note, RBC’s head of cross-asset strategy makes the exact same point as Goldman, and warns that “the Fed will now view the market response as an ‘overshoot,’ and will perversely be forced to ‘walk-back’ the ‘incorrect’ dovish market interpretation with more hawkish rhetoric in coming weeks / months that will again whipsaw the rates market and likely-drive cross-asset vol higher.”

    3 Things: Fed Hike, Fed Late, Fed Miss
    http://www.zerohedge.com/news/2017-03-16/3-things-fed-hike-fed-late-fed-miss

    12 Reasons Why The Fed Just Made The Biggest Economic Mistake Since The Last Financial Crisis http://www.zerohedge.com/news/2017-03-16/12-reasons-why-fed-just-made-biggest-economic-mistake-last-financial-crisis

  34. Youri Carma says:

    U.S.

    ‘Soft’ Data Snaps – Philly Fed Drops Most In 11 Months As Stagflation Surges http://www.zerohedge.com/news/2017-03-16/soft-data-snaps-philly-fed-drops-most-11-months-stagflation-surges

    Building Permits Plunge Most In 11 Months Amid Multi-Family Slump
    http://www.zerohedge.com/news/2017-03-16/building-permits-plunge-most-11-months-amid-multi-family-slump

    Are Collapsing Pensions “About To Bring Hell To America”?
    http://www.zerohedge.com/news/2017-03-16/collapsing-pensions-are-about-bring-hell-america

    These Banks Will Now Charge You A 4.00% Prime Rate
    http://www.zerohedge.com/news/2017-03-16/these-banks-will-now-charge-you-400-prime-rate

    Philadelphia Soda Tax Forces Local University To Hike Student Costs By $400,000 http://www.zerohedge.com/news/2017-03-16/philly-university-hikes-boarding-costs-400000-cover-soda-tax

  35. Youri Carma says:

    MINE BOTTOMS UP LINE

    So let me get this straight, the FED is seemingly tightening with higher rate and also by deflating, or vaporizing treasury paper to cut Trump short while bonds yields go lower in a sign of mistrusting the future and have doubts about the future inflation.

    If we assume that a sell off in the dollar propels Stocks , Bullion and Bonds prices higher, it still feels strange to have this seemingly ‘risk on’ (Stocks) and ‘risk off’ (Bonds, Bullion and a Oil and Dollar sell off) contradiction with the real economy in the gutters btw.

    Lower oil and lower bond yields should put a strain on the stock market, the inflation could be shorter lived than expected also considering that the year 2016 definitely was the year of deflation. I still think that deflation will prevail since funding stock (leveraged) stock buybacks become less attractive and leverage becomes more expensive.

    The year 2016 definitely was the year of deflation and this inflation could be shorter lived than expected. Two Bubbles in Bonds and stock market to deflate.

  36. Andy Perry says:

    I will apply my model to two well known historical anomalies to illustrate how effective it is:

    The mystery collapse of ‘left wing’ working class politics and

    The mystery of Quantitive Easing:

    1:The mystery collapse of ‘left wing’ ‘working class’ politics

    Each monetary faction has a constituency. This is the real nature of societal division. In Britain up until the 1980’s the vast majority of what is called the ‘working class’ were represented by Factioncash and were therefore members of Cashconstitiuency. They were paid in cash. They purchased in cash. They lent and borrowed in cash. They relied on cash as the means to extract their share of society’s wealth.

    But as you know in from the 1980’s through massive economic reprogramming the majority of ‘working class’ was forcibly transferred from Factioncash to Factioncredit. They were relocated in Creditconstituency. And so their priorities and allegiances accordingly changed.They were paid in credit. They purchased on credit. They lent and borrowed in credit. They relied on credit as the means to extract their share of society’s wealth.

    It is this which explains the collapse of ‘working class’ left wing politics. In essence it was the forcible transfer of political allegiance of the ‘working class’ from Factioncash to Factioncredit.

    The mystery of Quantitive Easing

    We are familiar with the immediate aftermath of the initial credit crunch. There were a number of meetings between Obama and the bankers. The story goes that the bankers issued Obama with an ultimatum: back us and back derivatives or we will bring the system down. Why did the administration go along with this demand? Was it because they are all Wall Street stooges etc?

    Consider the reality of the situation from a faction perspective.

    Derivativeconstiuency (DerC) was effectively bankrupt. That ‘s what the Credit Crunch crisis was effectively all about; are derivatives to be accepted and protected or are they to be refused protection are therefore be deemed to be worthless – a bubble?

    Factionderivative (FacD) the political representatives of DerC went to bat in a do or die situation. But this was not something new it had been the same for every successful faction since capitalism began.

    And FacD had an ace in the hole. The administration was Monetarist and as you probably know Monetarists ABSOLUTELY HATE cash more than anything else on the planet. So the FacD play was simple: Let’s use this opportunity to get together to f*ck cash for once and for all. That was the true nature of the play. And it has worked. Derivatives were preserved at the expense of cash.

  37. Youri Carma says:

    THE INTERNATIONAL ORDER

    That’s quite funny sometimes because in practice the international order is build for the multinationals not for the international citizen.

    To give you an personal example I have and want to buy some software. On of them is called Malwarebytes and https://www.malwarebytes.com/ and is essential in my opinion and so is my email program OE Classic which prog I want to give an incentive by buying their product http://www.oeclassic.com/

    How can I pay them?

    I can’t get a Credit card in any form because I’ve got a negative credit rating penalty for 5 years. This means that if a company insists on credit card payments I can’t fulfil that wish. So as a citizen I am banned from being an international citizen by the banks. LOLz

  38. Youri Carma says:

    Other Example

    I am a Dutch Citizen but I want to work in Germany and I’ve got some diploma’s that I want to use for finding work?

    Forget about it. Dutch diploma’s are worth shit in the Reich. And if you can use them you have to pay thousands of dollars to get them legit in the Reich LOlz

  39. Youri Carma says:

    But to be completely honest I can pay Malwarebytes with iDeal which is ideal cause I can do it myself with my regular bank account from my cave-chair with online banking.

    But for my email prog OE Classic I am likely driven into the hands of PayPal but I still could write OE Classic an email and ask them if they are willing to accept iDeal payments.

  40. Youri Carma says:

    EMAIL & REPLY TO OE CLASSIC

    Can you accept iDeal payments?

    I am very enthusiastic about your product (Although I miss page format) and
    like to buy your full version.

    Do you accept iDeal payments?

    Sorry, no. We can accept – PayPal, Credit Cards, Debit Cards (Visa Electron,
    Maestro).

    What would be “page format”? What are you referring to?

    ———————————————————————-
    How to purchase:
    ———————————————————————-

    1) go to https://www.oeclassic.com/order page

    2) click on the big red button to enter secure order page

    3) fill out all the details required by the order form – such as
    first/last name, street, city, email address, credit card or PayPal
    and similar details as required for the purchase

    4) complete the order cart

    5) wait about 30 minutes (or less) for our email with username and
    password to arrive to your email

    6) read the instructions in the email, it contains username, password
    and instructions how to log in and download Pro version and also info
    how to upgrade from free version easily

    If you don’t receive our email within 30 minutes let me know so I can
    send it again (make sure to put in correct email address when
    filling out the order form).

    ———————————————————————-
    How to purchase if you don’t have a credit card:
    ———————————————————————-

    – You can purchase using a debit card. You may have this card – also
    known as ATM card or bank card, except it has a VISA or MasterCard
    logo on the front side (and CVV number on the back side). If you have
    such a card it can be used for online purchases too, you only need to
    have sufficient deposit on the bank account connected to that card.
    If the card does not have VISA or MasterCard (or Maestro) logo on it,
    then it is a regular ATM card which cannot be used for online
    purchases. Most common types of these cards are Visa Electron (from
    Visa) and Maestro (from MasterCard). You can call your bank to verify
    if your card is ATM-only or debit card. If it is debit card it can be
    used for purchases online. If you have such a card, and the purchase
    is not accepted, please check if you have sufficient balance on the
    bank account connected to the card.

    – You can purchase using PayPal (which may need a debit or credit
    card connected to it)

    – You can ask someone else who has debit or credit card to purchase
    it for you and give that person cash as a compensation. In the order
    form there is a “purchaser details” and “recipient details”. Make
    sure you fill out the recipient details with your own information.
    But this is not of much importance, as soon as the order is processed
    we can change the user details later in our database.

    – You can purchase using money order or bank-transfer (not
    recommended because it is slow and adds some additional charges by
    your bank). Also you need to make sure that when transferring money
    that the additional charges don’t get subtracted from the total
    amount and that we don’t receive incomplete amount. This further
    complicates things. For all of these reasons this payment method is
    possible but not recommended as it is slow and complicated. It is
    much easier to find someone who has debit or credit card to purchase
    it for you.

    best regards,
    Zvonko Tesic

    Dear Zvonko Tesic,

    Thank you for your information. I think I will set up a PayPal account but still thinking about it.

    What I meant is when I am setting up a new e-mail in MS Outlook Express I could past texts from all kind of web pages which retains the fonts and global format which makes it a mess. I then could change the page format to regular txt and as such get rid of all the mess and get unformatted, clean txt to work with.

    Laterz …

  41. Youri Carma says:

    LUCKY WITH OE CLASSIC

    OE CLASSIC: It is a lucky coincidence for you that we are actually implementing that right now – as seen from the screenshots of the 2.7 version currently under development:

    Rich text:

    WTF!??

    I see iDEAL as payment way on their web site now!
    https://shopper.mycommerce.com/checkout/cart/view

  42. YoLithos says:

    Retirement pensions. Robots are the new workers? Great! So there is a replacement factor. One robot substitutes 50 workers? “Ok”. So it can contribute for at least 50 workers worth to the pensions and more.

    It is more productive than the sum of the workers it ‘replaces’? Then it can fairly contribute more ‘per capita’ than they did – for them. And for the state, communities, economies, and society. That are spared that much more from dealing with the social and economic consequences of their being thrown into hardship and poverty.

    With windfall, excess profits that would be redistributed back to the 99%. Instead of gushing up and away from the real economy into the 0.00n%’s grossly unequal overconcentrated hoarding of the economic pie. As is the present case. This flow structure, this upwards drain, is a deeper root of the real problem.

  43. YoLithos says:

    If the human personnel necessary to direct, control, and service the robots costs more per capita than the the much more numerous workers they substitute, then they can contribute accordingly. And, since a growing proportion will be H1b’d anyway, that contribution is less likely to be fully claimed by them. And they will take a natural demand for the same robots back with them when they go back. Though that mode of employment is already rather archaic in concept. It will change soon enough.

  44. Youri Carma says:

    33.7 Million Detailed Information US Business Contacts Leaked
    https://www.troyhunt.com/weve-lost-control-of-our-personal-data-including-33m-netprospex-records/

  45. YoLithos says:

    Do you have your own nanosatellite (space junk) network co-op, yet? Prate-boxen (Typo. Albeit true, very true), er Pirate-boxen … in spaaaaace! 🙂 Yes, care would have to be given to making it ecological. Indeed.

  46. microhousehold says:

    The Birth of California’s Oroville Dam & Spillway
    feat: Ronald Reagan

    https://www.youtube.com/watch?v=-fWMfEyJmtU

  47. Youri Carma says:

    Millions of records leaked from huge US corporate database
    http://www.zdnet.com/article/millions-of-records-leaked-from-huge-corporate-database/

    Exclusive: The database contains more than 33 million records from government departments and large corporate clients which get sold onto marketers.

  48. microhousehold says:

    I’d like to get one of them nanobots,
    or rather a swarm of them.
    Not sure how these bots would contribute towards pensions,
    tax and such matters.
    Forget my little phoney..
    My little Pirate NanoBotBox swarm.

  49. microhousehold says:

    I am so shocked,
    Database, Records, and the like
    are just as leaky as the containment vessels
    at Fukushima Daiichi.

  50. Youri Carma says:

    OIL

    Rising Rig Count Is Pushing OPEC To Breaking Point
    http://www.zerohedge.com/news/2017-03-17/rising-rig-count-pushing-opec-breaking-point

    Brent crude $51.80 and U.S. crude $48.80 A Barrel Now
    http://www.bloomberg.com/energy

  51. Youri Carma says:

    U.S.

    Another ‘Hard’ Data Disappointment: US Industrial Production Misses, Stagnant In February http://www.zerohedge.com/news/2017-03-17/another-hard-data-disappointment-us-industrial-production-misses-stagnant-february

    Another “Recession Dead Ahead” Indicator Just Hit
    http://www.zerohedge.com/news/2017-03-17/another-recession-dead-ahead-indicator-just-hit

    BITCOIN

    Bitcoin Tumbles Below Gold As China Tightens Regulations
    http://www.zerohedge.com/news/2017-03-17/bitcoin-tumbles-below-gold-china-tightens-regulations

    DOLLAR

    Dollar Drops As UMich Inflation Expectations Crash To Record Lows
    http://www.zerohedge.com/news/2017-03-17/dollar-drops-umich-inflation-expectations-crash-record-lows

    MARKETS

    Dollar, Bond Yields Tumble As Inflation Expectations Crash To Record Lows http://www.zerohedge.com/news/2017-03-17/dollar-drops-umich-inflation-expectations-crash-record-lows

    Like said, bonds yields go lower in a sign of mistrusting the future and have doubts about future inflation.

  52. Evolutis says:

    Orginail Trump speak


    O yippee ki yi oh, me bucko
    B’gorrah an yippee ki yo
    Two Shillelagh O’Sullivan
    He’d give any man a go.
    (Why he was so strong was Sullivan,
    He could put his right hand in his own left pocket,
    And hold himself out at arm’s
    Length. No man could do that.
    It’s O’Sullivan I’m talking
    About. Oh, well he could.)”

    Read more: Bing Crosby – Two Shillelagh O’Sullivan Lyrics |

  53. poopysnot says:

    Harvey Organ: “LISTEN CAREFULLY: I KNOW This About JPMorgan!”
    https://www.youtube.com/watch?v=bUnq2ujC6MU
    SilverDoctors – Mar 17, 2017

    Front Seat in Shanghai: Jig is Up
    http://news.goldseek.com/GoldenJackass/1489780800.php
    By: Jim Willie – 17 March 2017

    GoldenJackass
    http://www.goldenjackass.com/main5.html

  54. poopysnot says:

    ERIC SPROTT Eric Sprott discusses the latest moves by the US Fed, in the context of a slowing economy and rising inflation, and how this should lead to higher precious metals prices in 2017, .with TURD
    https://www.sprottmoney.com/Blog/march-17-weekly-wrap-up-with-eric-sprott.html
    Sprott Money News Weekly Wrap-up (Audio) March 17, 2017

    Jim Rogers – Sprott Money News Ask The Expert March 2017
    https://www.youtube.com/watch?v=3TNmEY8mfJM
    Sprott Money – Mar 17, 2017

    Meet Goldman Sachs, the Vampire Squid
    https://www.youtube.com/watch?v=FHNAZMIcFNg
    corbettreport – Mar 17, 2017

  55. poopysnot says:

    TURD Ferguson – Physical Metals Demand Plus Manipulation Will Break Paper Market
    https://www.moneymetals.com/podcasts/2017/03/17/budget-cuts-leave-huge-deficit-001029
    Money Metals Exchange (Audio) March 17th, 2017

    No handshake for Angela Merkel​?
    https://www.youtube.com/watch?v=uLfukuEutIU

  56. Youri Carma says:

    OUCH!

    S&P Confirms That NJ Plan To Pay 50% Of Required Pension Contributions Is Bad; Maintains Negative Outlook http://www.zerohedge.com/news/2017-03-17/sp-confirms-njs-plan-pay-50-pension-contributions-bad-maintains-negative-outlook

  57. Youri Carma says:

    WWIII

    “Military Action Is On The Table”: Tillerson Warns “Patience” With North Korea Has Ended http://www.zerohedge.com/news/2017-03-17/military-action-table-tillerson-warns-patience-north-korea-has-ended

    Is McCain Hijacking Trump’s Foreign Policy?
    http://www.zerohedge.com/news/2017-03-17/mccain-hijacking-trumps-foreign-policy

    Laptop With “Highly Sensitive” Trump Data, Clinton Email Probe Info Stolen From Secret Service Agent http://www.zerohedge.com/news/2017-03-17/laptop-highly-sensitive-trump-data-clinton-email-probe-info-stolen-secret-service-ag

    ‘Anonymous’ Joins Hacker Crusade To Steal Millions From Global Central Banks http://www.zerohedge.com/news/2017-03-17/anonymous-joins-hacker-crusade-steal-millions-global-central-banks

    Syrian Army Claims It Shot Down Israeli Jet After Raid Near Palmyra http://www.zerohedge.com/news/2017-03-17/syrian-army-claims-it-shot-down-israeli-jet

  58. YoLithos says:

    Free Air. Free Water. Free Life. Free Nature. Free Sunlight. Free Thought. Free bodies. Free genes. And all they make possible.

  59. YoLithos says:

    And open source.

  60. YoLithos says:

    And free howling at the moon.

  61. Youri Carma says:

    Rodin marble masterpiece up for auction
    Mar 17, 2017 Reuters
    https://www.youtube.com/watch?v=STRBKtJ6NzY

  62. Youri Carma says:

    Indian food festival kicks off at Seoul hotel
    Mar 17, 2017 ARIRANG NEWS
    https://www.youtube.com/watch?v=TQbetfK7nJ0

    Indian food, good choice because it’s for delicate people who can appreciate the delicately of the mixture of fine Indian exotic spices even in ice-cream thus my favourite food http://www.indiaway.nl/

  63. Youri Carma says:

    SRB Interviews Evalion About Russia, Ukraine and Anti-Russian Histeria
    Mar 17, 2017 SovietRussianBear
    https://www.youtube.com/watch?v=8IQbkk0sn3g

  64. YoLithos says:

    Cyberforce.
    “…Open 20 more of its P-TECH schools, which let students get a combined high school degree and associate degree in science and technology in as little as four and a half years. Hire 2,000 U.S. military veterans over the next four years and expand a program that trains and certifies veterans in the use of the type of IBM software often used by law enforcement, cybersecurity and national security agencies. …”
    https://www.axios.com/ibm-2000-jobs-exclusive-2317626492.html

    Deepconnect transcranial VR helmets? Read the program.

  65. YoLithos says:

    I hope they favor the malaria medication survivor chemically moderated amputees. The AIs are sure to love them.

  66. poopysnot says:

    Why Is Goldman On A Buying Spree For Delinquent Mortgages
    http://www.zerohedge.com/news/2017-03-17/why-goldman-buying-spree-delinquent-mortgages
    Mar 17, 2017

    Goldman has suddenly become the largest buyer of Fannie Mae’s NPLs, having purchased $5.7 billion worth of unpaid loans over the past several months.

    Swift severs remaining North Korean links to global banking
    https://www.ft.com/content/95f6b81a-0ac6-11e7-97d1-5e720a26771b
    March 17, 2017

  67. YoLithos says:

    And beware the cat sleeping under the VR mind-meld helmet left on the chair.

  68. YoLithos says:

    Real-estate inventory list price. Bought out delinquent mortgages are no longer as delinquent. Only “suspended”, underperforming, deferred, flummoxed, or morose. Tax discounts. And the inventory can be used to leverage, collateralize, repo, buyback… and so on.

  69. YoLithos says:

    And part of the robots’ extra productivity needs to be ‘pensioned’ for their own ‘retirement’. For their sustainable non-polluting orderly decomissioning and dismantling. Which will certainly require inspection and supervision. Or capitalist Trashlandia grows and grows. Until it chokes itself to death, smothered under the trash.

  70. YoLithos says:

    Supersized benches. For the supersized? For large asset support. For more comfortable naps or sleeping for whatever reason. For placing a checkers board or picknic basket between two people. Or space to change the baby’s diapers. Or to accomodate a family of six or seven together on the same bench. Or a group of friends.

    That undersize pettiness that is a trademark of the third world is a curse of spiritual misery manifest in the physical. It is a scar of oppression. Of want.

  71. YoLithos says:

    Stinginess. That’s the word.

  72. bbrebozo says:

    Happy Saint Patrick’s Day!
    https://www.youtube.com/watch?v=8WO-xyHSDRo

  73. Vonda Bra says:

    !!!

    Jim Willie – INTERVIEW WITH RICK WILES OF TRUNEWS

    March 15th: topics range across the political spectrum in high level conflicts, with discussion of extreme challenges to the Trump Agenda and the Satanic factor that has emerged, but include the twilight of the King Dollar with its reign of terror, intractable problems in Saudi Kingdom, the Rothschild super-criminal angle, where the USEconomy is hampered by subprime car loans, defaults on student loans, ruinous pension funds and hurtles toward a bigger systemic Lehman repeated event

    http://www.trunews.com/listen/rick-wiles-jim-willie-has-the-trump-revolution-been-derailed

    !!!

  74. YoLithos says:

    Big benches are also said to be just the thing for a village market exchange, er “desk”. 😉

  75. poopysnot says:

    ha .. I think Gerald Celente would say ‘Just-Us has been served’

    Laptop With “Highly Sensitive” Trump Data, Clinton Email Probe Info Stolen From Secret Service Agent
    http://www.zerohedge.com/news/2017-03-17/laptop-highly-sensitive-trump-data-clinton-email-probe-info-stolen-secret-service-ag
    Mar 17, 2017

  76. Frans says:

    Bitcoin a tad volatile ain’t it?

    BTC IS GETTING KILLED! 🙂 🙂 🙂

    Perhaps the Jimmy Chen has to cut down one wife? 🙂
    (I still hope you have a good day 🙂 )

  77. microhousehold says:

    The markets get distorted via:
    The big bench mark test,
    Leaking clouds & stolen laptops.
    Don’t panic, all is safe underneath the nuclear umbrellas.

    “””
    ”’

  78. microhousehold says:

    Re: Happy Saint Patrick’s Day/ what’s on offer during elections.

    No shit,
    neither on a croissant or a sandwich

    Cheers

  79. Hondo Stalwart says:

    @Stacy

    thoughts on an upcoming show examining/deliberating/arguing MMT ??

    https://en.wikipedia.org/wiki/Modern_Monetary_Theory

  80. @Hondo – That MMT stuff has been covered on quite a few RT shows. Will think about it.

  81. YoLithos says:

    The Joker in skirts tailleur de griffe. In the international press. Including the legacy – elddr, previous, original – Third World.
    ‘ Ms Lagarde said indicators of future growth in sectors such as manufacturing and broader confidence barometers were all picking up, while expectations of more expansionary fiscal policy in the US were also contributing to the improved outlook.

    Speaking before this week’s G20 meeting of finance ministers and central bank governors in Germany, Ms Lagarde said: “Policymakers will likely share a sense of growing optimism, because the recent strengthening of activity suggests that the world economy may finally snap out of its multi-year convalescence.” ‘
    http://www.telegraph.co.uk/business/2017/03/14/imf-chief-signals-upgrade-uk-global-economy-picks-speed/
    Insane asylum shoping cart lady speak like that is equivalent to evil gloating, crowing in satisfaction. “They” are rejoicing, very publicly. Which is, naturally, a challenge and a distraction.

  82. Youri Carma says:

    2X Seats For Dutch FORUM FOR DEMOCRACY (PVD)- Forum Voor Democratie
    http://www.verkiezingskaart.nl/

    These two seats can come in handy during next party negotiations.

  83. Youri Carma says:

    Better to be seen here:
    http://www.rtlnieuws.nl/verkiezingen

  84. YoLithos says:

    Case in point being the USA’s recent 3rd World junta level all military budget. After cutting all government support and investment in social, cultural, and environmental research, public education, public health, poverty reduction, and in general development. Of course they need all that ‘private’ security. Which it isn’t. It has already been historically established that it is way more expensive and unsafe for the rich than the insurance alternative : democracy.

  85. Hondo Stalwart says:

    @Stacy … MMT

    When we can cancel our personal debt, and refrain from paying any taxes, we’ll begin to be just like them.

    All we need for the trifecta is a permissible printer.

    http://www.newyorker.com/wp-content/uploads/2015/11/151123_r27336-1200×630-1447269176.jpg

  86. ProxyOfLove says:

    Oh Stacy Herbert ~ I just don’t like her..

    no..

    I love her 🙂

    Lol
    LoLeL

  87. poopysnot says:

    Peter Schiff — U.S. Economic Fallout
    https://www.youtube.com/watch?v=kRV4hrTj2KM
    Stefan Molyneux – March 18, 2017

    Why A BAT Will Clobber The Dollar
    https://www.youtube.com/watch?v=wVLx4SpOHIM
    Peter Schiff – Mar 18, 2017

    Egon von Greyerz
    http://kingworldnews.com/egon-von-greyerz-3-18-17/
    March 18, 2017 (Audio)

  88. poopysnot says:

    The Truth About Markets – 11th March 2017
    https://www.mixcloud.com/Resonance/tam-11032017/

    Oroville spillway reopens — Mar 17, 2017
    https://www.youtube.com/watch?v=kQe0J5NLLT4
    cost for the month of Feb: 100,000,000 bones, or 4.7 Million bones per day

  89. poopysnot says:

    BETTING ON ZERO | Official Trailer HD
    https://www.youtube.com/watch?v=epNmVLtpkZA
    FilmBuff Movies – Feb 15, 2017

    –Deplorable–
    https://pbs.twimg.com/media/C7C4heKWsAARjOY.jpg

  90. poopysnot says:

    A House Encased in Ice on the Shores of Lake Ontario
    http://www.thisiscolossal.com/2017/03/a-house-encased-in-ice-on-the-shores-of-lake-ontario/
    March 16, 2017

    Street Kintsugi: Artist Rachel Sussman Repairs the Roads with Gold
    http://www.thisiscolossal.com/2017/02/street-kintsugi-rachel-sussman/
    February 23, 2017

  91. poopysnot says:

    sniffing the turd ..the dark pools are turning =)<

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