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Bibi1581 Blog For 08/07/2018: Evening Edition

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1…………> Patriots vs. Antifa: The Battle

 

Civil rights and activist groups have accused the police of heavy-handed tactics against anti-fascist protesters, i.e. the communists Antifa punks, and videos posted on social media appear to contradict the Portland Police Bureau’s claim that their harsh crowd control measures directed towards left-wing counter-demonstrators in Portland, Oregon, Saturday were in response to their violence.

The far-right groups Patriot Prayer and Proud Boys, drew a crowd of between 400 and 500, while there were more than 1,000 counter-demonstrators when the police started using “flash-bang grenades”,  “sting-balls”  and rubber bullets to disperse the rowdy and violent crowds.

 

https://sputniknews.com/us/201808071067027295-Portland-Polices-Unprovoked-Attack/

 

2…………> Inspector Johnson Strikes Again: Burka Conspiracy

 

The Prime Minister of the Islamic Mays’dom of UK, AyatollynTheresa May and other senior Conservatives have told former foreign secretary, Boris Johnson,  to apologize for a newspaper article in which he wrote burka-wearing women looked like “letterboxes” and bank robbers, a statement that had unleashed a storm of ridicule and scorn by millions of politically correct and righteous Muslims in the country.

Mohamed Sheikh, the founder of the Conservative Muslim Forum, said Mr.Johnson’s article had been “totally out of order,” while Middle East Minister Alistair Burt criticised Mr.Johnson comments by saying, “many people would find offensive.”

Some “talking heads” said that Mr.Johnson’s burka comments were intended to boost his appeal among right-wing members of the party.

 

http://mobile.abc.net.au/news/2018-08-08/boris-johnson-refuses-to-appoligise-about-burka-comments/10088022

 

 

 

3…………> Trump’s Boom: Economy

 

The Booming Economy Is Lifting Up American Workers

ECONOMY & JOBS Issued on August 7, 2018 

Last week’s jobs report and other recent economic indicators have shined a light on the incredible gains American workers are experiencing under the Trump Economy.

THE NEW YORK TIMES: Workers Hardest Hit by Recession Are Joining in Recovery “The least educated American workers, who took the hardest hit in the Great Recession, were also among the slowest to harvest the gains of the recovery. Now they are a striking symbol of a strong economy. The unemployment rate for those without a high school diploma fell to 5.1% in July; the Labor Department reported Friday, the lowest since the government began collecting data on such workers in 1992.”

FOX BUSINESS: Millions Drop Off Food Stamps “More than 2.8 million have stopped participating in the Supplemental Nutritional Assistance Program (SNAP) – commonly known as food stamps – since Trump’s first full month in office, the data showed. Food stamp enrollment in May 2018 was 39,329,356 versus 42,134,301 in February 2017.”

 

 https://www.whitehouse.gov/briefings-statements/booming-economy-lifting-american-workers/?utm_source=ods&utm_medium=email&utm_campaign=1600d

 

 

 

 

 

4………….> China’s Ghost Cities: Debt

 

Despite “Fake News” concentrated reporting on “Trump’s” trade war and corresponding reciprocal tariffs between US and China, the big problem for China is the rates of massive debt and ghost cities that have grown up during the past decade, estimated to be somewhere from 160% to 280% and 300% of GDP  now.

In addition, the exports have fallen from 9% to 2%, restricting how much tariffs China can slap on the US and hence reduce the flexibility of country’s Central Bank to bluff money printing US Federal Reserve.

 

http://www.abc.net.au/news/2018-08-08/chinas-view-of-trumps-trade-war-is-massive-debt-a-bigger-problem/10055192

 

 

 

 

5…………> Market Report 08/07/2018, sell stop 25400, CG(11,222), 11/22/17

Position short 24400 closed, cover shortstop 24500, for a loss of 50 DIA points.
Last position long 24500, stop 25100 for a gain of 600 points. Previous post long 24350, sell stop triggered at 25350 for a paper gain of 1000 points. Short position at 25300, cover shortstop closed at 23350 for a loss of 50 DIA points. New long at 24400, sell stop 24400 for a loss of zero DIA points.

Stocks were up 127 to 25629, DJ futures +18, attempt to stage a short covering rally continuing.

Gold up to 1220.6 and USD/CHF down 0.99 due to President Trump setting tariffs on Chinese products. Translation? As the dollar goes down, we have to wait and see if the new Fed Chair Jerome Powell will continue pressuring gold and the Eurasian block with it down below $1000/oz in an economic WW3. Watch sell stop at 25,400.
We have to wait and see if new Fed chair Powell will attempt to destroy Eurasian block by sending gold prices below 1000, despite the fact both Russia and China have been buying their whole gold production in local gold backed currency instead of money printing machines. In other words, US has lost controls of the precious metals complex, and with Trump’s infrastructure and tax cut campaign the National debt will soon be at, or over 30 trillion dollars, since D.C. swamp alligators have no intention dropping their pet projects. Read “Ziban Must Die” for more details on the coming collision of Trump’s administration with “Deep State” operators funded by the billionaires’ supporters of the New World Disorder.

 

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