1…………..> Face To Face: Comrade Un & President Trump
President Donald Trump disclosed that the date and location have been set for a meeting with North Korean leader Kim Jong-un aka Comrade Un, building suspense for the unprecedented talks to push North Korea to give up its nuclear weapons.
“We’re having very substantive talks with North Korea and a lot of things have already happened with respect to the hostages. I think you’re going to see very good things,” Mr. Trump said.
The demilitarized zone (DMZ) Peace House and Singapore are among the top choices being considered for the summit, White House press secretary said if North Korea were to free the three Americans ahead of the summit “we certainly would see this as a sign of goodwill”.
2…………> US 2nd Fleet: Counter To Russia
NORFOLK (NNS) — Chief of Naval Operations, Adm. John Richardson, announced the establishment of U.S. 2nd Fleet during a change of command ceremony for U.S. Fleet Forces Command (USFF) in Norfolk, May 4.
Second Fleet will exercise operational and administrative authorities over assigned ships, aircraft and landing forces on the East Coast and northern Atlantic Ocean. Additionally, it will plan and conduct maritime, joint and combined operations and will train, certify and provide maritime forces to respond to global contingencies. Commander, 2nd Fleet will report to USFF.
“Our National Defense Strategy makes clear that we’re back in an era of great power competition as the security environment continues to grow more challenging and complex,” said Richardson. “That’s why today, we’re standing up Second Fleet to address these changes, particularly in the north Atlantic.”
3…………> Battle Formation: Carrier Wing
PACIFIC OCEAN (April 26, 2018)
Aircraft assigned to Carrier Air Wing (CVW) 17 fly in formation over the aircraft carrier USS Theodore Roosevelt (CVN 71). Theodore Roosevelt is underway for a scheduled deployment in the western Pacific. U.S. Navy photo by Mass Communication Specialist 3rd Class Anthony J. Rivera (Released) 180426-N-XC372-1095
4…………> Dig Deep, Dig Long: Calexico Drug Tunnel
Three men were arrested Sunday in Mexicali, Baja California, after security forces discovered drugs and a border tunnel between the city and Calexico, California.
The men were arrested as they unloaded packages from a dump truck at a home located in the Santa Clara neighborhood about 130 meters from the border.
Upon further inspection, state police and soldiers found 460 grams of methamphetamine, along with an AK-47 assault rifle, and located an unfinished 700-meter-long tunnel inside the home. It led towards a commercial center in Calexico.
5…………> Market Report 05/04/2018, sell stop 24200, 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 24300 for a loss of zero 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 332 to 24263, DJ futures at 323, attempt to stage a covering short rally.
Gold up to 1316 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 24,200. 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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