Sunday, July 31, 2016

From Europe with love.


Lights are going out all over Europe:

Here is the speech of Geert Wilders, Chairman, Party for Freedom, the Netherlands, at the Four Seasons, New York, introducing an Alliance of Patriots and announcing the Facing Jihad Conference in Jerusalem. He is a Dutch Member of Parliament

  Dear Friends,

Thank you very much for inviting me.  I come to America with a mission. All is not well in the old world.  There is a tremendous danger looming, and it is very difficult to be optimistic.

 We might be in the final stages of the Islamization of Europe.  This not only is a clear and present danger to the future of Europe itself, it is a threat to America and the sheer survival of the West.  The United States as the last bastion of Western civilization, facing an Islamic Europe.

First I will describe the situation on the ground in Europe. Then, I will say a few things about Islam.  To close I will tell you about a meeting in Jerusalem.

The Europe you know is changing. You have probably seen the landmarks. But in all of these cities, sometimes a few blocks away from your tourist destination, there is another world. It is the world of the parallel society created by Muslim mass-migration.

All throughout Europe a new reality is rising: entire Muslim neighborhoods where very few indigenous people reside or are even seen. And if they are, they might regret it. This goes for the police as well. It's the world of head scarves, where women walk around in figureless tents, with baby strollers and a group of children. Their husbands, or slaveholders if you prefer, walk three steps ahead. With mosques on many street corners. The shops have signs you and I cannot read.  You will be hard-pressed to find any economic activity.  These are Muslim ghettos controlled by religious fanatics.  These building-blocks for territorial control of increasingly larger portions of Europe, street by street, neighborhood by neighborhood, city by city.

There are now thousands of mosques throughout Europe With larger congregations than there are in churches. And in every European city there are plans to build super-mosques that will dwarf every church in the region.  Clearly, the signal is: We Rule.

Many European cities are already one-quarter Muslim: just take Amsterdam, Marseilles and Malmo in Sweden.  In many cities the majority of the under-18 population is Muslim. Paris is now surrounded by a ring of Muslim neighborhoods.  Mohammad is the most popular name among boys in many cities.

In some elementary schools in Amsterdam the farm can no longer be mentioned, because that would also mean mentioning the Swine, and that very thought would be an insult to Muslims.

Many state schools in Belgium and Denmark only serve halal food to all pupils. In once-tolerant Amsterdam gays are beaten up almost exclusively by Muslims. Non-Muslim women routinely hear 'whore, whore'. Satellite dishes are not pointed to local TV stations, but to stations in the country  .

In France school teachers are advised to avoid authors deemed offensive to Muslims, including Voltaire and Diderot; the same is increasingly true of Darwin. The history of the Jewish people or the Holocaust can no longer be taught or made mention of because of Muslim sensitivity.

In England sharia courts are now officially part of the British legal system.  Many neighborhoods in France are no-go areas for women without head scarves.  Last week a man almost died after being beaten up by Muslims in Brussels, because he was drinking Ale during the Ramadan.

Jews are fleeing France in record numbers, on the run for the worst wave of anti-Semitism since World War II.  French is now commonly spoken on the streets of Tel Aviv and Netanya, Israel.  I could go on forever with stories like this. Stories about Islamization.

A total of fifty-four million Muslims now live in Europe. San Diego University recently calculated that a staggering 25 percent of the population in Europe will be Muslim just 12 years from now.  Bernhardt Lewis has predicted a Muslim majority by the end of this century.

Now these are just numbers.  And the numbers would not be threatening if the Muslim-immigrants had a strong desire to assimilate. But there are few if any signs  of that. The Pew Research Center reported that half of French Muslims see their loyalty to Islam as greater than their loyalty to France. One-third of French  Muslims do not object to suicide attacks.  The British Centre for Social Cohesion reported that one-third of British Muslim students are in favor of a worldwide caliphate.

Muslims demand what they call 'respect'.  And this is how we give them respect.  We have Muslim official state holidays.

The Christian-Democratic attorney general is willing to accept sharia in the Netherlands if there is a Muslim majority.

We have cabinet members with passports from Morocco and Turkey.

Muslim demands are supported by unlawful behavior, ranging from petty crimes and random violence, for example against ambulance workers and bus drivers, to small-scale riots. Paris has seen its uprising in the low-income suburbs, the banlieus.  I call the perpetrators settler's. Because that is what they are.  They do not come to integrate into our societies; they come to integrate our society into their Dar-al-Islam. Therefore, they are settlers.

Much of this street violence I mentioned is directed exclusively against non-Muslims, forcing many native people to leave their neighborhoods, their cities, their countries.  Moreover, Muslims are now a swing vote not to be ignored.

The second thing you need to know is the importance of Mohammed the prophet. His behavior is an example to all Muslims and cannot be criticized.  Now, if Mohammed had been a man of peace, let us say like Ghandi and Mother Theresa wrapped in one, there would be no problem. But Mohammed was a warlord, a mass murderer, a pedophile, and had several marriages - at the same time.  Islamic tradition tells us how he fought in battles, how he had his enemies murdered and even had prisoners of war executed. Mohammad himself slaughtered the Jewish tribe of Banu Qurayza.  If it is good for Islam, it  is good. If it is bad for Islam, it is very bad.

Let no one fool you about Islam being a religion.  Sure, it has a god, and a here-after, and 72 virgins. But in its essence Islam is a political ideology.  It is a system that lays down detailed rules for society and the life of every person.  Islam wants to dictate every aspect of life.  Islam means 'submission'.   Islam is not compatible with freedom and democracy, because what it strives for is Sharia.  If you want to compare Islam to anything, compare it to communism or national-socialism, these are all totalitarian ideologies.

Now you know why Winston Churchill called Islam 'the most retrograde force in the world',  and why he compared Mein Kampf to the Quran. The public has wholeheartedly accepted the Palestinian narrative, and sees Israel as the aggressor.  I have lived in this country and visited it dozens of times.  I support Israel.  First, because it is the Jewish homeland after two thousand years of exile up to and including Auschwitz.  Second because it is a democracy.  And third because Israel is our first line of defense.

This tiny country is situated on the fault line of jihad, frustrating Islam's territorial advance.  Israel is facing the front lines of jihad, like Kashmir, Kosovo, the Philippines, Southern Thailand, Darfur in Sudan, Lebanon, and Aceh in Indonesia.  Israel is simply in the way. The same way West-Berlin was during the Cold War.

The war against Israel is not a war against Israel.  It is a war against the West.  It is jihad.  Israel is simply receiving the blows that are meant for all of us.  If there would have been no Israel, Islamic imperialism would have found other venues to release its energy and its desire for conquest.  Thanks to Israeli parents who send their children to the army and lay awake at night, parents in Europe and America can sleep well and dream, unaware of the dangers looming.

Many in Europe argue in favor of abandoning Israel in order to address the grievances of our Muslim minorities.  But if Israel were, God forbid, to go down, it would not bring any solace to the West. It would not mean our Muslim minorities would all of a sudden change their behavior, and accept our values.  On the contrary, the end of Israel would give enormous encouragement to the forces of Islam.  They would, and rightly so, see the demise of Israel as proof that the West is weak, a paper tiger and doomed.

The end of Israel would not mean the end of our problems with Islam, but only the beginning. It would mean the start of the final battle for world domination.  If they can get Israel, they can get everything.

So-called journalists volunteer to label any and all critics of Islam as a 'right-wing extremists' or 'racists'.  In my country, the Netherlands, 60 percent of the population now sees the mass immigration of Muslims as the number one policy mistake since World War II.  And another 60 percent sees Islam as the biggest threat.  Yet there is a greater danger than terrorist attacks, the scenario of America as the last man standing.

The lights may go out in Europe faster than you can imagine.  An Islamic Europe means a Europe without freedom and democracy, an economic wasteland, an intellectual nightmare, and a loss of military might for America - as its allies will turn into enemies, enemies with atomic bombs.   With an Islamic Europe, it would be up to America alone to preserve the heritage of Rome, Athens and Jerusalem.

 

Dear friends, Liberty is the most precious of gifts.  My generation never had to fight for this freedom, it was offered to us on a silver platter, by people who fought for it with their lives.  All throughout Europe, American cemeteries remind us of the young boys who never made it home, and whose memory we cherish.  My generation does not own this freedom; we are merely its custodians.  We can only hand  over this hard won liberty to Europe's children in the same state in which it was offered to us.  We cannot strike a deal with mullahs and imams.  Future generations would never forgive us.  We cannot squander our liberties. We simply do not have the right to do so.

We have to take the necessary action now to stop this Islamic barbarism and stupidity from destroying the free world that we know.

 

Please take the time to read and understand what is written here, please send it to every free person that you know.

 

About Hllary by one who was there


BILL CLINTON'S LOVING WIFE --- by DICK MORRIS.

If you happen to see the Bill Clinton five minute TV ad for Hillary in which he introduces the commercial by saying he wants to share some things we may not know about Hillary's background, beware as I (Dick Morris) was there for most of their presidency and know them better than just about anyone.  I offer a few corrections:

Bill says:  "In law school Hillary worked on legal services for the poor."

Facts are:  Hillary's main extra-curricular activity in 'Law School' was helping the Black Panthers, on trial in Connecticut for torturing and killing a 'Federal Agent.'  She went to Court every day as part of a Law student monitoring committee trying to spot civil rights violations and develop grounds for appeal.

Bill says:  "Hillary spent a year after graduation working on a Children's rights project for poor kids."

Facts are:  Hillary interned with Bob Truehaft, the head of the California Communist Party.  She met Bob when he represented the Panthers and traveled all the way to San Francisco to take an internship with him.

Bill says:  "Hillary could have written her own job ticket, but she turned down all the lucrative job offers."

Facts are:  She flunked the D.C. bar exam, 'Yes', flunked it, it is a matter of record, and only passed the Arkansas bar.  She had no job offers in Arkansas, 'None', and only got hired by the University of Arkansas Law School at Fayetteville because Bill was already teaching there.  She did not join the prestigious Rose Law Firm until Bill became Arkansas Attorney General and was made a partner only after he was elected Arkansas Governor.

Bill says:  "President Carter appointed Hillary to the Legal Services Board of Directors and she became its Chairman."

Facts are:  The appointment was in exchange for Bill's support for Carter in his 1980 primary against Ted Kennedy.  Hillary then became chairman in a coup in which she won a majority away from Carter's choice to be chairman.

Bill says:  "She served on the board of the Arkansas Children's Hospital."

Facts are: Yes she did.  But her main board activity, not mentioned by Bill, was to sit on the Wal-Mart Board of Directors, for a substantial fee.  She was silent about their labor and health care practices.

Bill says:  "Hillary didn't succeed at getting health care for all Americans in 1994 but she kept working at it and helped to create the Children's Health Insurance Program (CHIP) that provides five million children with health insurance."

Facts are: Hillary had nothing to do with creating CHIP. It was included in the budget deal between Clinton and Republican Majority Leader Senator Trent Lott.  I know; I helped to negotiate the deal.  The money came half from the budget deal and half from the Attorney Generals' tobacco settlement.  Hillary had nothing to do with either source of funds.

Bill says:  "Hillary was the face of America all over the World." (LOL)

Facts are:  Her visits were part of a program to get her out of town so that Bill would not appear weak by feeding stories that Hillary was running the White House.  Her visits abroad were entirely touristic and symbolic and there was no substantive diplomacy on any of them.

Bill says:  "Hillary was an excellent Senator who kept fighting for Children's and Women's issues."

Facts are:  Other than totally meaningless legislation like changing the names on courthouses and post offices, she has passed only four substantive pieces of legislation.  One set up a national park in Puerto Rico.  A second provided respite care for family members helping their relatives through Alzheimer's or other conditions.  And two were routine bills to aid 911 victims and responders which were sponsored by the entire N.Y. delegation.

Here is what bothers me more than anything else about Hillary Clinton.  She has done everything possible to weaken the President and our Country (that's you and me) when it comes to the 'War on Terror'.

1. She wants to close GITMO and move the combatants to the USA where they would have access to our legal system.

2. She wants to eliminate the monitoring of suspected Al Qaeda phone calls to/from the USA.

3. She wants to grant constitutional rights to enemy combatants captured on the battlefield.

4. She wants to eliminate the monitoring of money transfers between suspected Al Qaeda cells and supporters in the USA.

5. She wants to eliminate the type of interrogation tactics used by the Military & CIA where coercion might be used when questioning known terrorists even though such tactics might save American lives.

One cannot think of a single 'bill' Hillary has introduced or a single comment she has made that would tend to strengthen our Country in the 'War on Terror'.  But, one can think of a lot of comments she has made that weaken our Country and makes it a more dangerous situation for all of us. 

Bottom line: She goes hand in hand with the ACLU on far too many issues where common sense is abandoned.

Share this with everyone you know, ask them to prove Dick Morris wrong.  Think about it - he (Dick Morris) said all of this openly, thus if he were not truthful he'd be liable for 'Defamation of Character' ! And you better believe Hillary would sue him.

Her winning in 2016 means the final death knell for America!  Her whole public life has been a LIE.

By Dick Morris, former political advisor to President Bill Clinton

Thank you for reading this entire message.  Hopefully, you are one patriotic citizen who sees through all the hogwash political crap and will do your duty come election day! GOD BLESS THE USA!!!


 Analysis of Hillary Clinton by Dick Morris-Confirmed ...


Analysis of Hillary Clinton by Dick Morris-Confirmed Authorship! Summary of eRumor: This is a forwarded email that contains what appears to be an article about ...

They gathered together in Philly

  

They gathered together in Philly,

The reds, the weirdoes, the silly.

The Head Witch not brite, all dressed in white

Was praised by an old goat named Billy.

Her gun control is a beaut

Of rifles all black that won’t shoot,

To save the chillen, if anyone’s willen

To have em for welfare about.

She would be ready and steady,

Not get mad at paparazzi.

Not get mad at all, just swallow it all

Heroine of Benghazi.

Saturday, July 30, 2016

Why technical analysis points to gold going to $20,000/oz.

There have been a number of articles pointing to gold prices going to much higher levels than we see today. The question is what this might be based on. One theory is that the Chinese will push gold prices to that height to dethrone  the US Dollar. But the most likely reason for such a forecast is the ratio of the 'St Louis Adjusted Monetary Base' ($BASE) over the price of gold in US Dollars ($GOLD). This is what the plot looks like:
 
The current ratio is 0.25 and historically the ratio peaks at 5. So. we expect gold to top out at
(5./0.25)x1,300=26,000. How about silver? Using the gold to silver ratio as 60, the estimated top for silver is $430. How about miners like FSM? The expectation of the silver top implies that silver price will go up 21 fold. And since a miner goes up 3x-5x the price of silver this type of analysis gives FSM a top out price of $680-$900. 
 
Do I believe that this will happen? I don't know. I would not have believed that the Market would push THM to 22 cents from $6 either.

Friday, July 29, 2016

Is the rate of silver rise getting exponential?

Here is a plot of the silver price. It appears that the bottom of each wave is not only higher but the lows do not fall on a straight line.Looks like the rise in price is becoming exponential. People are buying the dips aggressively. Large money managers are coming in.

CNN Celebrates.

and drops the pretense of being a genuine news org.

Wednesday, July 27, 2016

Theories on how Comey handled the Hillary investigation.



 "FBI Director James Comey basically delivered a coded message to the American People and the world. He said: “She is guilty beyond any reasonable doubt, certainly should not be president, and should be brought to justice; however, our country has been infiltrated and is basically corrupt!”

I think Lynch and Obama made it clear to him: if he pressed for an indictment, he would be taking the democrat nominee for president out of the election.  If he then failed to get a conviction, he would be facing charges of tampering with and changing the outcome of a federal election to which he would be facing the rest of his life in prison.

 Now you know why he presented his case the way he did and why it was so obvious he was reluctant to press for indictment.

 Also, the key is in what Comey said: 80 email chains.  That means an exchange between people: E.g., Hillary sending AND RECEIVING emails.  So if he charges Hillary, he has to charge the others in the chain.  What if the exchange is with Obama?  It is not a stretch to think the Sec of State would be in email contact with POTUS (President of the United States).

Let’s just say...Bill went to Loretta and said shut this down or else, if Hillary is charged, she will tell under oath that some of the emails were with the President, so he is also guilty of a felony! THAT is IMPEACHABLE.  The Republicans would go for it: the Dems would yell racism and the country would erupt in violence.

So, Lynch tells Comey: you better watch it or you could be to blame for violence tearing this country apart.  What is he to do???  So, Comey takes 20 minutes spelling out everything bad Hillary did, just like a trial in public, then stops short to prevent any unrest."

AJ adds: The Republicans impeaching Obama? It would never happen.
 

 

 

Tuesday, July 26, 2016

Idiot of the day awards.

3. goes to Sec Kerry for saying that air conditioners are as dangerous as ISIS.

2. goes to Resident Obama stating that Hillary is the most qualified candidate ever.

1. goes to the LA City Council. There are parts to this:

a)
Just about one year ago, gun grabbers in Los Angeles implemented a new gun control measure infringing upon the rights of their residents, ostensibly in an effort to lower the violent crime rates.
The L.A. City Council passed an ordinance in July banning so-called “high capacity” magazines, more commonly referred to as standard capacity magazines in the rest of the free United States. That ordinance went into effect in November.
According to Business Insider, Councilman Paul Krekorian revealed his utter ignorance about guns and gun rights when he said of the bill, “The step we’re taking today is not a wild step. People who want to defend homes don’t need a 1,000-round drum magazine to do so.” Really Mr Krekorian?
 
b)
However, instead of lowering violent crime rates, as the gun grabbers insinuated the citywide ban would do, violent crime has gone up about 20 percent.
In fact, though the overall crime rate in L.A. is down, much like the rest of the country as a whole, violent crimes like aggravated assault and armed robbery have gone up, as per the LAPD, 20 percent and 16 percent respectively, also similar to most other Democrat-controlled, “gun-free” dystopian urban centers across the nation.
Sadly, the L.A. City Council forgot to factor in one important part of the equation when passing their ordinance — the fact that criminals by definition don’t follow the laws. If a criminal knows he will already be on the hook for whatever criminal act he is engaging in, an additional charge for possessing a “high capacity” magazine isn’t much of a deterrence at all.

Buchanan: should Putin get a Pulitzer?

The tale of the thieved emails at the Democratic National Committee is just too good to be true.
For a year, 74-year-old socialist Bernie Sanders has been saying that, under DNC Chair Debbie Wasserman Schultz, the party has been undercutting his campaign and hauling water for Hillary Clinton.
From the 19,200 emails dumped the weekend before Clinton’s coronation, it appears the old boy is not barking mad. The deck was stacked; the referees were in the tank; the game was rigged.
For four decades, some of us have wondered what Jim McCord, security man at CREEP, and his four Cubans were looking for in DNC Chair Larry O’Brien’s office at the Watergate. Now it makes sense.
Among the lovely schemes the DNC leaders worked up to gut Sanders in Christian communities of West Virginia and Kentucky, was to tell these good folks that Sanders doesn’t even believe that there is a God. He’s not even an agnostic; he’s an atheist.
The idea was broached by DNC chief financial officer Brad Marshall in an email to DNC chief executive officer Amy Dacey:
“Does [Bernie] believe in a God. He has skated on saying he has a Jewish heritage. I think I read he is an atheist. This could make several points difference with my peeps. My Southern Baptist peeps would draw a big difference between a Jew and atheist.”
Dacey emailed back, “Amen.”
In 1960, John F. Kennedy went before the Houston ministers to assert the right of a Catholic to be president of the United States. Is the “Marshall Plan,” to quietly spread word Bernie Sanders is a godless atheist, now acceptable politics in the party of Barack Obama?
If Marshall and Dacey are still around at week’s end, we will know.
The WikiLeaks dump came Friday night. By Sunday, Clinton’s crowd had unleashed the mechanical rabbit, and the press hounds were dutifully chasing it. The new party line: The Russians did it!
Clinton campaign chief Robert Mook told ABC, “experts are telling us that Russian state actors broke in to the DNC, took all these emails, and now they are leaking them out through the Web sites. … some experts are now telling us that this was done by the Russians for the purpose of helping Donald Trump.”
Monday, Clinton chairman John Podesta said there is a “kind of bromance going on” between Trump and Vladimir Putin. Campaign flack Brian Fallon told CNN, “There is a consensus among experts that it is indeed Russia that is behind this hack of the DNC.”
Purpose: Change the subject. Redirect the media away from the DNC conspiracy to sabotage Sanders’ campaign.
Will the press cooperate? [Sure they will].
In 1971, the New York Times published secret documents from the Kennedy-Johnson administration on how America got involved in Vietnam. Goal: Discredit the war the Times had once supported, and undercut the war effort, now that Richard Nixon was president.
The documents, many marked secret, had been illicitly taken from Defense Department files, copied and published by the Times.
America’s newspaper of record defended its actions by invoking “the people’s right to know” the secrets of their government.
Well, do not the people have “a right to know” of sordid schemes of DNC operatives to sink a presidential campaign?
Do the people not have a right to know that, in denying Sanders’ charges, the leadership of the DNC was lying to him, lying to the party and lying to the country?
What did Clinton know of Wasserman Schultz’s complicity in DNC cheating in the presidential campaign, and when did she know it?
For publishing stolen Defense Department secrets, the Pentagon Papers, the Times got a Pulitzer Prize.
If the Russians were helpful in bringing to the attention of the American people the anti-democratic business being done at the DNC, perhaps the Russians deserve similar recognition.
By the Times’ standard of 1971, maybe Putin deserves a Pulitzer.
Undeniably, if the Russians or any foreign actors are interfering in U.S. presidential elections, we ought to know it, and stop it.
But who started all this?
Since the end of the Cold War, the U.S. has used cyberwarfare to sabotage centrifuges in the Iranian nuclear plant in Natanz. We have backed “color-coded” revolutions in half-a-dozen countries from Serbia to Ukraine to Georgia – to dump rulers and regimes we do not like, all in the name of democracy.
Unsurprisingly, today, Russia, China, Egypt and even Israel are shutting down or booting out NGOs associated with the United States, and hacking into websites of U.S. institutions.
We were the first “experts” to play this game. Now others know how to play it. We reap what we sow.

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AJ adds: Lao Tsu, the legendary Chinese military genius said that a good general wins battles by not even having to fight them. Russia is regarded as a potential enemy of the United States. Why? Russia is no longer a Communist country and it no longer wants to conquer the world for its ideology. So, why do the Liberals regard Russia as an enemy? It is certainly NOT because Mr Putin has autocratic tendencies. After all, Obama's Leftists regard the kings and Dictators of the Islamic world as allies. Why then the anti-Russian animus? Because the Russian government (and that most certainly involves Mr Putin) has resurrected the Orthodox church and Obama's Leftists are anti-Christian.
If Mr Trump has an 'IN' with Mr Putin then it is a plus. After all, the Russians had left Eastern Europe and ended the Cold War. So, we need to ask: what does Russia want? And find a way to make a deal with them (a lot cheaper than restart the Cold War). Russia wants two things: 1. security on its Western border and 2. safeguarding the cultural and language rights of Russians living beyond Russia's border. Historically, Russia could not stop an invader except by destroying their country in front of the invader then defeat it in the cold. So, today the Russians are allergic to people putting troops and missiles on their border. And we have seen that the Ukrainian model of trying to end Russian language rights have led to the disaster of Eastern Ukraine. The same problems exist in Latvia, Lithuania and Estonia. There are Russians living there who are under pressure to abandon their language. If they are pressed and hard, they will revolt like Russians did in Donetsk and Luhansk. Russia will intervene and since these countries are part of NATO...A smart President will bargain with the participants and help defuse the situation BEFORE unpleasentness starts. Is Mr Trump the man to do that? Maybe. But HC certainly can't do it. After the "Arab Spring" she should not be elected dog  catcher.

Monday, July 25, 2016

PM correction:how long, how deep?

I just got a note this morning that Precious Metals and their minors are undergoing a correction. No kidding Charlie Brown - like I haven't noticed? What I wasn't told is how deep and how long? So, I will attempt to answer that via charts.
 
 
Here is the chart for gold. And here is the chart for silver.
 
Note that both gold and silver showed a reverse head and shoulder beginning May 1 and added on the  depth of the reverse head and shoulder by the middle of July. So, when will the current correction end? SOMETIME BY THE END OF AUGUST. How do I get to this guess? By looking at the drop in price and where it intersects the 50 Day Moving Average.
 
Most people do not buy gold or silver in bulk and can participate in the rally by buying gold and silver miners.
 
If all goes according to theory, the miners should start their rally earlier than gold or silver. Let's look at a couple of them.
 
 
Above is the graph of THM. This is a stock that hit $6 before the orchestrated takedown of gold in 2011. Note that it is reaching the intersection with its 50 DMA. When will it happen? Probably next week.
 
 
Then there is FSM, a silver miner primarily. It shows a similar pattern. To get a bit more quantitative, we have to look at the stock price plotted with regular numbers (not a log scale).
 
This shows a similar pattern: a prediction of the intersection date as next week at somewhere above 7. How far will we go next rally? Above 12. Do I guarantee these numbers (i.e. the predictions?). Of course not. But it seems to have some validity, does it not?
 

Sunday, July 24, 2016

Italy and Japan: marching toward the brink.

Brexit shook up the US Stock Market. It was clearly a black swan. But now, stocks recovered and we are once again told how wonderful things are. Except they aren't. Europe's fourth largest economy (Italy) and the third largest economy in the world (Japan) are struggling to avoid the abyss.

Italy is having problems with its banks. Over 18% of bank loans are 'non-performing.' Which means that the borrowers can not pay. In the US only 5% of non-performing loans created the banking crisis of 2008. Supposedly, the banks did not write off the loans, hoping that with time there would be recovery and that the loans would become 'performing.' But, the recovery did not happen. To make matters worse, a bank deposit rate of -0.4% acts as a break on economic growth. So, Italian banks need a bailout. They got one totaling E80B. That money disappeared and no one seems to know just how much money is needed to do a bailout. Draghi of the ECB is promising a bailout, which raised bond rates, countering the effect of a QE.

The situation is even worse in Japan. Flat growth, declining population and deflation is making life in Japan risky. Reducing bank rates below zero did not work. So, the next gimmick is the "zero coupon perpetual bond." What is this monster? It is a bond that pays no interest and is sold to the Japanese govt and is never repaid. The govt will use these bonds and print more currency to finance more projects. You can read about this here:

http://seekingalpha.com/article/3990353-money-choppers-japan#alt3

How does this differ from money printing? It does not. Mr Abe just wants to confuse the people of Japan. No "honest Abe" is he.

The money printing of Japan and the ECB is pushing the US Dollar upword.

A letter entitled "You worry me."


This pilot hit the nail right on the head in his open letter.

 A newspaper stated that some Muslim doctor is saying we are profiling him because he has been checked three times while getting on an airplane.  The following is a letter from a pilot.  This well - spoken man, who is a pilot with American Airlines, says what is in his heart, beautifully.

YOU WORRY ME!

By Captain John Maniscalco, American Airlines Pilot

 I've been trying to say this since 911, but you worry me.  I wish you didn't.  I wish when I walked down the streets of this country that I love, that your color and culture still blended with the beautiful human landscape we enjoy in this country.  But you don't blend in anymore.  I notice you, and it worries me.
 
I notice you because I can't help it anymore.  People from your homelands, professing to be Muslims, have been attacking and killing my fellow citizens and our friends for more than 20 years now.

I don't fully understand their grievances and hate, but I know that nothing can justify the inhumanity of their attacks.
 
On September 11, ARAB-MUSLIMS hijacked four jetliners in my country.  They cut the throats of women in front of children and brutally stabbed to death others, hacking their necks, over and over, with box cutters.  They took control of those planes and crashed them into buildings, killing thousands of proud fathers, loving sons, wise grandparents, elegant daughters, best friends, favorite coaches, fearless public servants, and children's mothers.
 
The Palestinians celebrated, the Iraqis were overjoyed as was most of the Arab world.  So, I notice you now. I don't want to be worried.

I don't want to be consumed by the same rage, hate and prejudice that has destroyed the soul of these terrorists.  But I need your help.  As a rational American, trying to protect my country and family in an irrational and unsafe world, I must know how to tell the difference between you, and the Arab/Muslim terrorist.
 
How do I differentiate between the true Arab/Muslim Americans and the Arab/Muslim terrorists in our communities who are attending our schools, enjoying our parks, and living in OUR communities under the protection of OUR constitution, while they plot the next attack that will slaughter MORE of the same good neighbors and children?
 
The events of September 11changed the answer..  It is not MY responsibility to determine which of you embraces our great country, with ALL of its religions, with ALL of its different citizens, with all of its faults.  It is time for every Arab/Muslim in this country to determine it for me.
 
I want to know, I DEMAND to know and I have a right to know, whether or not you love America .....  Do you pledge allegiance to its flag?  Do you proudly display it in front of your house, or on your car?  Do you pray in your many daily prayers that Allah will bless this nation; that He will protect it and let it prosper?  Or do you pray that Allah will destroy it in one of your Jihads?  Are you thankful for the freedom that this nation affords?  A freedom that was paid for by the blood of hundreds of thousands of patriots, who have through our history, given their lives for this country?  Are you willing to preserve this freedom by also paying the ultimate sacrifice?  Do you love America??  If this is your commitment, then I need YOU to start letting ME know about it.
 
Your Muslim leaders in this nation should be flooding the media at this time with hard facts on your faith, and what hard actions YOU are taking as a community and as a religion to protect the United States of America.  Please, no more benign overtures of regret for the death of the innocent, because I worry about who you regard as innocent.  No more benign overtures of condemnation for the unprovoked attacks, because I worry about what is unprovoked to you. I am not interested in any more sympathy; I am interested only in action.  What will you do for America - our great country - at this time of continuing crisis, at this time of war?
 
I want to see Arab-Muslims waving the AMERICAN flag in the streets.  I want to hear you chanting 'Allah Bless America'.  I want to see young Arab/Muslim men enlisting in the military.  I want to see a commitment of money, time and emotion to the victims of this butchering and to our returning wounded and to this nation as a whole.
 
The FBI has had a long list of people they’ve wanted to interact with regarding the threats that they believe to be ongoing. Many of these people live and socialize right now in Muslim communities.  You know them.  You know where they are.  Give the FBI a heads up as to where they may be.  Better yet, hand them over to us, NOW!  But I have seen little even approaching this sort of action.  Instead I have seen an already closed and secretive community close even tighter.  You have disappeared from the streets.  You have posted armed security guards at your facilities.  You have threatened lawsuits.  You have screamed for protection from reprisals.

The very few Arab/Muslim representatives, like CARE, that HAVE appeared in the media were defensive and equivocating.  They seemed more concerned with making sure that the United States apologize and take responsibility for actions defending our own people.  They seemed more concerned with protecting their fellow Muslims from violence directed towards them in the United States and abroad than they did with supporting our country and denouncing 'leaders' like the late Khadafi, the late Hussein, Farrakhan, and the late Arafat.

If the true teachings of Islam proclaim tolerance and peace and love for all people, then I want chapter and verse from the Koran and statements from popular Muslim leaders to back it up.  What good is itif the teachings in the Koran are good, pure, and true, when your 'leaders' ARE teaching fanatical interpretations, terrorism, and intolerance?  It matters little how good Islam SHOULD BE if huge numbers of the world's Muslims interpret the teachings of Mohammed incorrectly and adhere to a degenerative form of the religion.  A form that has been demonstrated to us over and over again.  A form whose structure is built upon a foundation of violence, death, and suicide.  A form whose members are recruited from the prisons around the world.

A form whose members (some as young as five years old) are seen day after day, week in and week out, year after year, marching in the streets around the world, burning effigies of our presidents, burning the American flag, shooting weapons into the air.  A form whose members convert from a peaceful religion, only to take up arms against the great United States of America, the country of their birth.  A form whose rules are so twisted, that their traveling members refuse to show their faces at airport security checkpoints, in the name of Islam.

We will NEVER allow the attacks of September 11, or any others for that matter, to take away that which is so precious to us -- our rights under the greatest constitution in the world.  I want to know where every Arab Muslim in this country stands and I think it is my right and the right of every true citizen of this country to DEMAND it.  A right paid for by the blood of thousands of my brothers and sisters who died protecting the very constitution that is protecting you and your family.

I am pleading with you to let me know.  I want you here as my brother, my neighbor, my friend, as a fellow American...... But there can be no grey areas or ambivalence regarding your allegiance, and it is up to YOU, to show ME, where YOU stand.  Until then, "YOU WORRY ME!"



CANADIAN COMMENTS:
 
I totally agree with this sentiment.  I hope you will forget all about the 'political correctness' mandate we've had rammed down our throats by so many on the left, and see if this doesn't ring true in your heart and mind.  For Canada, with all the multiculturalism we've been told is so important....why should we not, as Canadians, expect that the millions of new people immigrating to our country will show their love for our country, their allegiance to our country, their willingness to obey the laws of our country, and acceptance that we are a Christian country?  Just because they are able to enjoy exercising their own religion, they should NOT expect us to be ashamed of ours.  They knew Canada was a Christian country when they came here.  Why are we erasing Christianity because immigrants who are unwilling to adopt our way of life expect us to?  There is just too much insanity in the world, and we have to start taking a stand.
 
I hope you will forward this, so that others will feel they are not alone if they are starting to feel the same.



BRITISH COMMENTS:  At last a clear non-racist example of the concerns that the vast majority of our Nations population probably share.  The pilot's letter encapsulates all that is fair and just about national pride and protection of one's national culture.  I fear it may be too late here in UK, BUT we too want our country back in the form that attracted all these different cultures to come here in the first place!!  In all our conversations with a wide range of friends and acquaintances we have not met one that disagrees with our own views.
 
If only we all had the courage of our convictions to pass this on, it is a statement that should be accepted as the heart-felt feelings of someone with honest commendable national pride.
 
Not all Muslims are terrorists but almost all terrorists to date have been Muslims.  Stand up and be counted!



Australian Comment:   Best email I have had in years it needs to be in every paper every day until we get some answers.  We need all be very concerned, note the pattern in Australia is the same for the other countries above.  Where are the believers of Islam in our beloved country standing up and being counted in all these issues?

China and gold facts.

There are several facts re gold that we need to recognize.

Gold has been mined for over 5K years and most of it is still around. How much? The best estimate is 165,000 metric tons.

The annual production? 2,500 tons.

Which countries produce them?
http://www.numbersleuth.org/worlds-gold/

Some populations and their ownership of gold:
Chinese people 14K tons;
Indian people 22K tons;
Turkish people 3.5K tons.

The gold facts re China are of great importance.

Gold produced in China is not reported and can not be sold outside of China;
Gold imported into China for personal use is reported;
Gold imported into China for currency purposes is not reported.
China admits to owning 1.7K tons gold. All of it by one bank;
It is estimated Chine owns 4.K tons of gold.

Some people think that Chinese figures are bogus and that China owns a lot more.

There is more actual gold withdrawn from the Shanghai exchange in one day than the total withdrawl for a year at the CRIMEX.

Chinese companies have a total deposit of $3T deposited in Chinese banks. At today's prices they could buy 70,000 tons of gold.

The Chinese govt has a reserve of $4T, some of which is gold.

Conclusion: China controls the price of gold and is currently accumulating.

Thursday, July 21, 2016

Mexican President lost his mind.

AJ begins: how else to explain his remarks? This is from a publication called "Phase." I am wondering if it is a joke.
 

The President of Mexico threatened at the world economic summit grave consequences if Trump gets the Presidential seat: all the Mexicans in the USA will be going back home to Mexico.


 
The Mexican government announced they will close their borders to Americans in the event that Donald Trump is elected President of the United States. President Enrique Peña Nieto announced the country fears Americans will flood their country and bring violence and chaos to their streets. “Many Americans have expressed a desire to relocate to our country in the event that Donald Trump becomes President. We cannot have Mexico flooded with criminals and rapists,” he said.
In an interview with Telemundo, Nieto also announced that “further action will be taken by the Mexican government to ensure every single citizen of Mexico currently residing in the United States is brought home safely.” “We will not play around with something as important as the lives of our people. In our eyes and the eyes of every Mexican in the world, Donald Trump is a xenophobic, bigoted terrorist and imperialist who will ruin a country that was once a true friend of Mexico.”

 
However, many Mexicans who have managed to obtain a U.S. citizenship through legal channels fear this move. Mexico is currently the 3rd largest trading partner of the United States, with $507 billion worth of goods trade in 2013 alone. “Although shutting down the influx of billions of dollars that our people send home every month could cripple our economy, I still believe this is the right thing to do in the long run,” the President argued.

“We’ll bring our people home, where it is safe and welcoming. We will be able to offer them better and more civilized working conditions.”

mexican president trump
“Besides,” Nieto opined, “If, by some miracle, President Trump somehow manages to get back American jobs from China, which I doubt he’ll succeed, they’ll be needing good workers because they won’t be having any Mexicans anymore. But what they don’t understand is the fact that, if they do get those jobs back, they are going to cost the government much more than a simple low-wage Mexican worker would. And good luck trying to maintain the number one economy in the world then.”
“Too long has the Mexican worker in America been discriminated and oppressed because of his skin color,” the President stated. “And when our people come back home, they will take our food, music, culture and all things Mexican along with them. And in case you’re reading this, Mr. Trump – yes, that does include Mexican prostitutes you’re so secretly fond of. So, you can forget about the Sunday night specials with all-you-can-undress free deals. Because, we know everything.”

 
“Finally, I would like to add that all of your professional athletes, actors and actresses and pretty much all celebrities can kiss the steroids and drugs goodbye. Your country is built on cocaine, heroin, crack, marijuana (which is a Spanish word, by the way) and steroids that have come to America through Mexico. Thanks to these substances, you were able to have Arnold Schwarzenegger, Kobe Bryant, Michael Jackson, Nirvana and pretty much your entire popular culture. But, I guess you already knew that when you signed up to vote for Mr. Trump and his famous wall. Good luck with him, and good riddance,” President Nieto concluded in his interview

Wednesday, July 20, 2016

What do these 3 Presidents have in common?


 


 

 

What did Presidents Hoover, Truman, and Eisenhower have in common?

 

 

 

This is something that should be of great interest for everyone to pass
around. I didn't know of this until it was pointed out to me.

 

Back during the great depression, Herbert Hoover ordered the
deportation of ALL illegal aliens in order to make jobs available to
American citizens that desperately needed work.

 

Harry Truman deported over two million illegal aliens after WWII to
create jobs for Returning veterans.

 

In 1954 Dwight Eisenhower deported 13 million Mexicans. The program
was called Operation Wetback. It was done so WWII and Korean War veterans
would have a better chance at jobs. It took two years, but they deported
them!

 

Now, if they could deport the illegal aliens back then, they could
surely do it today
. If you have doubts about the veracity of this
information, enter Operation Wetback into your favorite search engine and
confirm it for yourself.

Why don't they deport illegals today? Because they are thought of as unregistered Democrats. Cubans are an exception because they tasted Socialism and they want no part of it.

Tuesday, July 19, 2016

Cavendish leaves Le Tour de France.

First, it was Contador, who left with a fever, now it is Cavendish leaving to concentrate on the Olympics. This year's Tour de France is a tiring affair with breakaways succeeding day after day. There are five more stages left and the last one does not count. Cavendish won 4 stages but it is not enough. Cris Froome is in the yellow and will stay that way if he avoids a crash. His team, SKY is intent on doing that.

Is the Tour over then? Not yet. Peter Sagan still has a chance, though not a good one. Let's just hope that nothing untoward happens.

Shenanigans in the silver market.

Silver has tacked on a whopping 30% gain this year and some people are happy with that. This feeling is not universal though and there are forces that are moving heaven and earth to cap silver's rise and force its price back from 20+ to 18. If you want to see how these forces are trying to scare investors, the article in Al Reuters is a good case in point:

http://www.reuters.com/article/us-silver-investment-idUSKCN0ZU07K

Goldman Sux is leading the charge. Large sums are lined up on each side. Commercials have increased the short interest to record levels while investors have placed large bets on silver going higher.

In the past the banks like Goldman Sux would be allowed to place large short positions and force the investors to dump their positions. This would occur because the investors buy the silver contracts on margin. Does this sound criminal to you? It does to me.

There are rumblings though that Goldman is going to get its come uppence one of these days.  You see, the investors can demand delivery of the silver knowing that Goldman can't deliver. Then occurs what is known as a "commercial signal failure." All H breaking loose in other words. According to Andrew Maguire, such almost occurred in the gold market and the possibility is developing in the silver market.

The charts told me that silver prices would head past $20 and they did. The next leg of the PM bull market should be even more spectacular than the first two legs. As usual, we can not tell WHEN and HOW far.

But, we see the black swans circling Europe. The conversion of Turkey into an Islamist state (and massive arrests in Turkey) and the Italian banking crisis are heating up along with the ECB's money printing. The EU wants Italian banks to force its depositors to "bail in" which is an euphemism for the confiscation of deposits. Italy is resisting. Their choices are bankruptcy of the banks or angering depositors.