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Bibi1581 Blog For 04/10/2018: Evening Edition

1…………> Where Are Bears Gone: Antarctica

Scientists have compiled a record of snowfall in Antarctica going back 200 years, a study that shows there has been a significant increase of 10% in precipitation over the period, with the extra snow locked up in Antarctica about to slightly slow a general trend in the global sea-level rise.

Scientists have computed that over 270 billion tonnes more snow were being dumped on the White Continent annually in the decade 2001-2010 compared with 1801-1810, an amount equivalent to twice the water volume found in the Dead Sea.

http://www.bbc.com/news/science-environment-43691671

 

 

2…………> Attack On Islam: TN

The Department of Justice today announced that Christopher Beckham, 32, of Nashville, Tennessee, was indicted by a federal grand jury in the Middle District of Tennessee on charges of violating the Matthew Shepard and James Byrd, Jr. Hate Crimes Prevention Act and lying to the FBI.

On Oct. 24, 2017, Beckham saw two teenage girls wearing hijabs and verbally abused them by saying “Allahu Akbar!” and “Go back to your country!”, then attacked the girls’ father by swinging a knife and punching at him and shouted derogatory comments at the family. Later on  March 12, 2018, he falsely claimed to FBI special agents that he saw the girls trying to break into cars; that he never swung a knife at their father; and that, after he pulled out his knife, the girls yelled “Allahu Akbar!,” and then either one or both of them hit him on the back of the head.

If convicted on the hate crime charge, Beckham faces a maximum sentence of ten years in prison, three years of supervised release, and a fine of up to $250,000. The charge of making false statements to the FBI provides for a maximum sentence of five years in prison, three years of supervised release, and a fine of up to $250,000.

https://www.justice.gov/opa/pr/tennessee-man-indicted-hate-crime-and-lying-fbi

 

 

 

3…………> Saint Xi To The Rescue: Trade Wars

 
 

Very depressed US stock futures rallied, Asian shares bounced and the safe-haven yen fell as Chinese President Xi Jinping said China would take measures to dramatically widen market access for foreign investors, raise the foreign ownership limit in the automobile sector and protect the intellectual property of foreign firms.

“His comments seem to have covered all the major issues the US has raised, including intellectual properties and liberalization of domestic markets,” said Yoshinori Shigemi, the global market strategist for JPMorgan Asset Management in Tokyo.

Is this a real breakthrough, or yet another mirage in the “economic desert” the US is in? The budget deficits are about to reach $1 trillion per year very soon, and Establishment GOP tax cuts and military spending will not change the fact that industrial base of this country has been effectively destroyed. In fact, the treasonous transfer of capital and know-how to create and support world’s overseas middle class at cost of $21 trillion dollars to the American taxpayers was promulgated by the very same smiling people standing behind President Trump in those White House photos, who until last year were swearing loyalty to the Council of Foreign Relations and actively conspired to cut his election effort to pieces.

 

4…………> War Time, Death Time: Soon

 
  Following the CW attack in Syria, President Trump canceled a planned trip to Latin America later this week to focus instead on responding to the Syria incident, after warning of a quick, forceful response once responsibility for the nerve gas war crime was established.
 
 

Consequently, Air traffic control agency Eurocontrol warned airlines to exercise caution in the eastern Mediterranean due to the possible launch of air strikes into Syria in next 72 hours, with air-to-ground and/or cruise missiles fired utilized during that period, possibly jamming or creating intermittent disruption of radio navigation equipment communications.

Not surprisingly Assad & Co had hit the trenches, with Syrian army had put all military positions on alert, including airports and all bases, for 72 hours.

http://www.abc.net.au/news/2018-04-11/airlines-warned-about-possible-air-strikes-into-syria/9640132

 

 
 
 

5…………>  Market Report 04/10/2018, sell stop 24250, CG(8892), 11/22/17

 New position short DIA 24,000, cover short stop at 23900 for a gain of 100 points was closed due to wipeout move above 24,000, a new position long 23900, stop 24250 for a gain of 350 points was closed due to sharp drop attributed to renewed fears of a trade war with China. A new short position was established at 24,100, cover short stop at 24,000 for a gain of 100 DIA points.

Current position long at 24,000, sell stop at 24300 for a gain of 300 DIA points.

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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.

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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 428 to 24408, DJ futures at -61

Gold down to 1343.9 and USD/CHF up at 0.96 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 24,300. 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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