1…………> Welcome To Mars: Iraq Sand Storm
A severe sandstorm struck al-Muthanna province in southern Iraq, engulfing the landscape in a red dust, darkening the skies at around midday, another tick in dust storm cycles that have pummeled the country, blowing sand and dust into urban areas throughout the country.
Researchers say climate changes are correlated with a decrease the annual rainfall and environmental changes, such as drying of the marshes, land degradation, and desertification: i.e. a consequence of the global warming.
2…………> PLA Air Patrols: Bashi Channel
While President Trump is ready to dance “chick to chick” with Comrade Un in Singapore, offering money to rebuild North Korea and they give up their nukes, Mr.Xi’s PLA Air Force conducted patrol training near China’s island of Taiwan over the Bashi Channel, as advanced Su-35 fighter jets, KJ-2000 airborne early warning aircraft flew in formation with the H-6Ks nuclear-capable bombers in a new island patrol pattern.
Two groups of H-6K bombers started the training simultaneously from both north and south of Taiwan island, with one group flying clockwise and the other going counter-clockwise, escorted by Su-35 and J-11 fighter jets over the Bashi Channel and Miyako Strait regions.
“The air force has the resolve, the confidence, and the ability to safeguard national sovereignty and territorial integrity,” PLA spokesperson said.
3…………> Trump vs New World Disorder: Merkel
“I believe that it’s not right to unilaterally cancel an accord that was voted and unanimously approved at the UN Security Council. That damages trust in the international order,” the Islamic Merkeldom of Germany leader Chancellor Angela Merkel said at an international conference in the northern German city of Munster.
President Trump accused Iran of lying about its nuclear program and pulled the U.S. out of the landmark deal that world powers struck in 2015, and furthermore accused Tehran of destabilizing the region with “sinister activities” in Syria, Yemen, and other places around the world.
While reaffirming Germany’s commitment to the nuclear deal with Iran, Ms. Merkel “criticized” Tehran over its stance against Israel, its ballistic missiles program and its activities in Syria, as have her two cousins, Hillary “I had no recollection of my email server” Clinton, and our 1st Muslim President, Grand Ayatollah Barack Obama, whose slammed the Islamic Republic of Iran policies by releasing $150 billion dollars of bank credits, and by sending his Shia brothers a planeload full of US cash, borrowed at 40c on the dollar from China.
Viva Merkel, Viva Hillary, Viva Grand Ayatollah Barack Obama!
4…………> Sinaloa Cartel Soldier: Life In Prison
A Guatemalan national identified as Waldemar Lorenzana-Cordon, 53, was sentenced to life in prison following a March 2016 trial that resulted in a conviction for his participation in an international drug trafficking conspiracy. He was responsible for the distribution of multi-ton quantities of cocaine for illegal importation into the United States.
“Waldemar Lorenzana-Cordon was a drug kingpin whose criminal organization had close ties to the violent Sinaloa Cartel and was responsible for transporting massive amounts of cocaine to be sold on our streets,” said Acting Assistant Attorney General Cronan. “Lorenzana-Cordon’s life sentence sends a powerful message to leaders of drug trafficking organizations that, if they send their poison to our country, the United States and our international partners will work tirelessly to bring them to justice, no matter where in the world they may reside. I thank the dedicated prosecutors of the Criminal Division’s Narcotic and Dangerous Drug Section and law enforcement officers with the Drug Enforcement Administration’s Bilateral Investigations Group for their outstanding work on this important case.”
5…………> Market Report 05/11/2018, sell stop 24600, 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 400 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 92 to 24831, DJ futures 118, attempt to stage a covering short rally.
Gold up to 1318.4 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 24,600.
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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