1…………> Ocean Garbage Or Central Banks Shut-Down?
In 2012, an 18-year-old Dutch entrepreneur named Boyan Slat’s designed a device to clean-up the Great Pacific Garbage Patch, an idea that quickly faced the insurmountable logistical issues of cleaning up 1.6 million square kilometers of plastic in deep, remote, open ocean.
Six years later Mr. Slat’s organization “The Ocean Cleanup” is about to test a 360-feet section, ahead of deploying the first 1800 feet system to the Northern Pacific Ocean later this year.
The Ocean Cleanup
Having completed all welds for the 120-meter test section, the assembly crew has now moved into the screen assembly phase. The tow-test is scheduled to occur within the next two weeks, weather permitting. Follow the road to the cleanup:
A screen a few meters deep will run the length of the floater, “able to catch anything from one-centimeter plastic particles up to large, discarded fishing nets”.
Even though the idea of Mr.Slat appear to have sound engineering roots, he and his environmentally concerned foundation have failed to observe the simple fact that the greatest reason for the acceleration of global warming and world-wide pollution is the criminal consortium of Central Banks that have printed trillions of dollars of paper money in support of the so-called “global economy”: i.e. we have de-facto World government that has ignored the laws of supply and demand and are promulgating “a moto perpetuo”, the dream machine of medieval charlatans by ignoring natural and societal cycles for the benefit of the billionaire lobby.
2…………> Fraudsters & Felons: No Citizenship
The Justice Department today filed denaturalization lawsuits against two individuals convicted of conspiring to defraud the United States Export-Import Bank (“Ex-Im Bank”) of more than $24 million, identified as Guillermo Oscar Mondino, 55, a native of Argentina, and Norma Borgono, aka Norma Isabel Borgono Bedoya, 63, a native of Peru.
“Criminals that seek citizenship in the United States and knowingly hide their criminal history have no right to keep their citizenship,” said Acting Attorney General Chad A. Readler of the Justice Department’s Civil Division. “Today’s complaints prove that the Department of Justice will continue to uphold the law and protect our immigration system against those who seek to cheat the United States out of our greatest immigration benefit.”
They were convicted for conspiracy to defraud the United States and to commit mail fraud, in violation of 18 U.S.C. § 371. Mondino was also convicted of money laundering, in violation of 18 U.S.C. § 1957. As admitted in their criminal proceedings, Mondino owned an exporting company headquartered in Miami, Florida, which was in the business of purchasing U.S. goods on behalf of clients in the Caribbean, Central America, South America, and other foreign countries, and shipping those goods overseas.
3…………> A Spy Story: China
The Justice Department announced today that Jerry Chun Shing Lee, 53, of Hong Kong, was indicted by a federal grand jury sitting in the Eastern District of Virginia with one count of conspiracy to gather or deliver national defense information to aid a foreign government, and two counts of unlawfully retaining documents related to the national defense.
“When government officials violate their oath to defend our nation and protect its secrets, the National Security Division will hold them accountable,” said Assistant Attorney General Demers. “Lee, a former CIA case officer, allegedly conspired to provide information to the Chinese government about the national defense of the United States. Lee’s alleged actions betrayed the American people and his former colleagues at the CIA. We will not tolerate such threats to our country or its national security.”
4…………>Victory Faces: Moscow Parade
Female soldiers take part in the Victory Day parade in Moscow, Russia, May 9, 2018. The 73rd anniversary of the victory over Nazi Germany in World War Two was marked here on Wednesday.(Xinhua/Wu Zhuang)
5…………> Market Report 05/08/2018, sell stop 24350, CG(9392), 11/22/17
After a sharp reversal following President Trump “mission accomplished” announcement in Syria, market opened on a gap, forcing short covering, triggering stop at 24050, leading to a loss of 50 points.
Current position long 24100, sell stop 24450 closed for a gain of 350 DIA points, position short at 24450, cover short closed at 24250 for a gain of 200 DIA points.
Current position long DIA at 24250, sell stop was closed at 24250 for a loss of 50 points, and a short position established at 24250, cover short 24200 for a gain of 50 DIA points.
A cash dispersal to AAPL shareowners in the amount of $100 billion dollars sparked a rally, new position long at 24200, stop 24250 for a gain of 150 dollars.
Stock market old timers have said that “you buy the rumor, and sell the news”, and that is exactly what is happening right now, with the news that President Trump is about to start a metal tariff war, slapping 25% surcharge on steel and 10% on aluminum. DIA resistance is in the 27,000 area, with supports at 24135, 21354 and 18900 level, US dollar in a downtrend, resistance at 1.003319 CHF, support at .92 and 0.9: Gold in an uptrend, watch break resistance of 1377 to be taken soon. The massive Fed balance sheet contraction will result in a $600 billion dollars being dumped on the credit markets each quarter, a leftover of the horrendous $4.3 trillion money printing of Obama’s septic tank that will surely exert a severe pressure on stocks and financial assets.
We warned long ago that an organized attempt to remove President Trump from office is underway, and if this activity is not curtailed soon, the market will open on gap below 20,000 with next stop 17300 and 11800 support levels.
Stocks were up 183 to 24543, DJ futures 198, attempt to stage a covering short rally.
Gold up to 1312.8 and USD/CHF at 1.00 despite 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 24,350.
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.
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