1…………> A Bronx Drug Dealer: Armed To The Teeth
A Bronx man named Richard Laugel was arrested after a city-wide manhunt and now charged with firearms and narcotics offenses.
“It is important to note the collaborative efforts that went into locating and apprehending this individual. And from what was found during this investigation, he appears to be a threat to public safety and someone we don’t want on the streets,” said Angel M. Melendez, special agent in charge of HSI New York. “This collaboration brought together by HSI’s Border Enforcement Security Taskforce, is paramount to finding the criminals who bring in goods from abroad to support their criminal activity in our local communities.”
“As alleged, Richard Laugel had accumulated an arsenal of dangerous weapons in his Bronx apartment, including a grenade launcher and an assault rifle. Thankfully, the local and federal law enforcement officers were able to arrest Laugel without incident, and his trove of dangerous weapons has been seized,” said the U.S. Attorney for the Southern District of New York, Geoffrey S. Berman.
2…………> Dollar Topping Out: Deficits
“Risk appetite for emerging markets has certainly declined over recent weeks, the result in our view of a combination of factors, including a stronger dollar and rising U.S. interest rates and reduced confidence about global growth,” Adam Slater, an economist at Oxford Economics said about the runaway appetite of President Trump’s administration for large budget deficits, distorted by unwillingness to cut government spending, raising interest rates that add 210 billion dollars to debt interest payments for every point uptick of the prime rate, and outrageous disparity between artificially Fed suppressed gold price and 20% housing inflation.
“However, at present, we do not expect risk appetite to deteriorate significantly further as our overall global economic view remains reasonably positive and we do not think dollar strength will extend a lot further given large U.S. budget and current account deficits,” he added of his expectation of an end of the dollar rally.
3…………> Absolutely No Farting: Alexa Listening
“Unplug your Alexa devices right now!” warned the puzzled recipient, according to ABC affiliate station KIRO7, which first reported the story.Amazon has an explanation as to what happened, naturally.
4…………> “Little Beijing”: On Subi Atoll
Being an artificial island, that is only naturally above the waterline at low tide, the dredger has built up Subi Reef high enough to allow the Chinese government to install anti-ship and anti-air missiles, cruise missiles, submarine detection equipment, and mile-long landing strip where large military transport aircraft have also been spotted recently.
Roughly $2.8 trillion in trade transits the South China Sea waterway every year, the Diplomat reported, citing the Center for Strategic and International Studies’ China Power project.
5…………> Market Report 05/24/2018, cover short 24860, CG(10042), 11/22/17
A cash dispersal to AAPL shareowners in the amount of $100 billion dollars sparked a rally, new position long at 24200, stop 24850 closed for a gain of 650 DIA points. New position short DIA 24850, cover shortstop 24860 for a loss of 10 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 down 75 to 24812, DJ futures +22, attempt to stage a covering short rally.
Gold up to 1302.1 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 cover short stop at 24,860.
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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