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Bibi1581 Blog For 06/07/2018: Morning Edition

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1…………> We Love Muslims: Trump 

President Trump hosted his first iftar dinner as president to mark the holy month of Ramadan amid tense relations with the American Muslim community, inviting ambassadors and diplomats from predominantly Muslim countries, using the opportunity to praise the virtues of Ramadan and called for cooperation in the Middle East. 

“Tonight as we enjoy a magnificent dinner at the White House, let us strive to embody the grace and goodwill that mark the Ramadan season,” the president told attendees, referring to the dinner as “a sacred tradition of one of the world’s great religions”.

“Let us pray for peace and justice and let us resolve that these values will guide us as we work together to build a bright and prosperous future that does honor and glory to God,” he said. 

According to a pool report from the White House, attendees included Vice President Mike Pence, Trump’s son-in-law Jared Kushner and a few other Cabinet members, as well as ambassadors from Saudi Arabia, the United Arab Emirates, Tunisia, Kuwait, Indonesia, Jordan, as well as representatives from Turkey and other Muslim-majority countries. 

IFT1

2…………> CO2 Removal: Canadian Break-through 

A Canadian firm Carbon Engineering say they have taken a big step forward on cutting the costs of direct air extraction by inventing a process that sucks air into a modified cooling tower with fans, where it comes into contact with a liquid that reacts with the CO2. 

After several processing steps, a purer stream of CO2 is extracted and the capturing liquid is returned to the air contactor. 

Set up in 2009 with funding from Microsoft’s Bill Gates and Canada oil sands financier Norman Murray Edwards, the pilot plant has been running since 2015, capturing about one ton of CO2 per day at cost of $100, compared to industry standard of $600 per ton. 

https://www.bbc.com/news/science-environment-44396781 

3…………> China Honor Guards: A Steely Dedication 

Every soldier in China’s elite Honor Guards, man or a woman, must train nine hours a day, wears 7 pairs of booths per years due to extensive marching, and the captain flashes his sword almost 200 times a day. 

http://www.xinhuanet.com/english/2018-06/07/c_137237741.htm 

4…………> A Family Quarrel: Turkey vs Trump 

Trump’s administration opposed Turkey S-400 missile deal because the deal went against NATO’s US dictated plans to further isolate and deter Russia, concerns that the system’s deployment in Turkey would endanger the flights of NATO aircraft, and lastly, it went against US commercial plans to promote the purchase of US-made Patriot air defense systems. 

Ankara dismissed Washington’s threat of sanctions and demand to cancel the purchase of Russian-manufactured S-400 air defense systems during recent talks in Washington, at the same time expressing its readiness to take the latter’s security concerns into account. 

President Donald Trump tried to convince his Turkish counterpart that Washington was ready to sell “Patriots” to Ankara, expressing regret that the previous administrations used to put obstacles to such deals with Turkey, apparently forgetting that it was his infamous successor, our 1st Muslim President, Grand Ayatollah Barack Obama who sent the FETO hoodlums to assassinate President Erdogan and install a New World Disorder obedient government in the eastern flank of NATO. 

Turkish officials reportedly strongly rejected Washington’s calls, insisting that these systems would be bought and deployed since the country needed them. They also warned their US counterparts that any sanctions against Turkey would not be left without a response. 

https://sputniknews.com/military/201806071065202170-turkey-s400-us-threats-russia/ 

5…………> Welcome to Zurich, Texas: Gold Vault 

Are you sick and tired of holding your hard-earned precious metals holdings in a bank safety box somewhere in the US, expecting at any moment the Fed’s to barge in and confiscate it for any reason? Don’t bother. 

Texas lawmakers signed off on building the country’s first state-backed gold depository in 2015 and Gov. Greg Abbott said at the time that the project would allow Texas to “repatriate” gold from New York. 

Texans, and in fact any American citizen can now store their precious metals in a publicly backed secure vault close to home, as the United States’ first state-run gold depository opens for business in Austin, a 23,000-square-foot building — operated by the private storage company Lone Star Tangible Assets for a yearly storage fee of 0.5% on holdings up to $2.5 million dollars. 

“By having state oversight, if you deposit your precious metals, you know that we’re constantly over there, making sure the security is top-notch,” Hegar said. “Once you’ve made that deposit, it is going to be there tomorrow and in the future until you make a decision to withdraw it or you want to sell it.” 

The construction of the Leander depository is set to begin “in the next couple of months,” said Kevin Lyons, spokesman for the Texas comptroller’s office. Once that facility opens, armored trucks will transport the precious metals from Austin to Leander. 

https://www.texastribune.org/2018/06/06/gold-depository-texas-bullion-glenn-hegar-precious-metals/amp/ 

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Bibi1581 Blog For 04/27/2018: Evening Edition

1…………> Crooked BrokerHSBC

The former head of global foreign exchange cash trading at HSBC Bank plc, a subsidiary of HSBC Holdings plc (collectively HSBC), was sentenced to prison today for his role defrauding an HSBC client through a scheme commonly referred to as “front running.” 

Mark Johnson, 51, a United Kingdom citizen, was sentenced to serve 24 months in prison by U.S. District Judge Nicholas Garaufis of the Eastern District of New York. In addition, Judge Garaufis ordered that the defendant pay a fine of $300,000. A federal jury convicted the defendant on Oct. 23, 2017, following a four-week trial, of one count of wire fraud conspiracy and eight counts of wire fraud. 

“Mark Johnson, an executive at one of the world’s largest financial institutions, cheated his client out of millions and now he’s going to prison for it,” said Acting Assistant Attorney General Cronan. “This sentencing should serve as a warning to those who engage in crooked financial schemes: The Justice Department’s Criminal Division and our law enforcement partners are watching. We are committed to protecting our financial system from harm and we will hold corporate executives accountable for their crimes.” 

Johnson and other traders acting under his direction purchased Pounds Sterling for their own benefit in their HSBC “proprietary” accounts, then caused the $3.5 billion foreign exchange transaction to be executed in a manner that was designed to “ramp,” or drive up, the price of the Pound Sterling, benefiting their proprietary positions and HSBC at the expense of their client. 

https://www.justice.gov/opa/pr/former-head-hsbc-s-global-foreign-exchange-cash-trading-sentenced-prison-multimillion-dollar

 

 

 

2…………> IS Attacker: In Prison

Fareed Mumuni, 23, of Staten Island, New York, was sentenced today to 17 years in prison, to be followed by 10 years of supervised release, after pleading guilty to all counts in an indictment charging him with conspiring and attempting to provide material support to the Islamic State of Iraq and al-Sham (ISIS), a designated foreign terrorist organization, assaulting and conspiring to assault federal officers and attempted murder of federal officers. 

“The women and men of law enforcement put their lives on the line to keep us safe every day. We will not tolerate attacks on them or plots to kill Americans,” said Assistant Attorney General Demers. “I applaud the tireless efforts of the agents and prosecutors that led to the defendant’s arrest and conviction. The National Security Division remains committed to defending our country and taking action against those who would harm it.”

On June 17, 2015, during the execution of a search warrant at his residence in Staten Island, Mumuni charged at an FBI agent with a kitchen knife as the agents attempted to clear the house. Mumuni stabbed the FBI agent multiple times in the torso, using sufficient force to break off the tip of the knife. The agent was saved from serious injury or death only by his metal magazine carrier, which deflected and chipped the point of Mumuni’s knife while Mumuni was thrusting it into the agent’s side. Fortunately, the agent sustained only minor injuries. 

https://www.justice.gov/opa/pr/new-york-man-sentenced-17-years-prison-attempted-murder-federal-officer

 

 

3…………> Mr. Xi New Ballistic Missile: Dongfeng26 

China is pitting in service a new medium long-range ballistic missile, armed with a conventional or nuclear head. PLA said that it was developed by Chinese scientists and engineers, it is country’s intellectual property, it can precision strike on land and sea, and destroy medium to large naval targets.

http://www.xinhuanet.com/english/2018-04/27/c_137140552.htm


4…………..> Chinese  F
entanyl Ring: Busted

A total of 28 people were charged with conspiracy to distribute fentanyl and other lethal drugs resulting in deaths and injury, criminals led by Na Chu, 37; Yeyou Chu, 36; Cuiying Liu, 62; and Keping Zhang, 62, all Chinese nationals, who were charged by a superseding indictment returned on Jan. 18, with international money laundering conspiracy, Attorney General Jeff Sessions, announced today.

The charges come as part of “Operation Denial,” an Organized Crime and Drug Enforcement Task Force (OCDETF) investigation into the international trafficking of fentanyl and other lethal drugs, and was significantly aided by the national and international coordination led by the multi-agency Special Operations Division (S.O.D.) near Washington D.C. as part of “Operation Deadly Merchant.” The investigation started in North Dakota on Jan. 3, 2015, with the overdose death in Grand Forks of 18-year-old Bailey Henke.

“Fentanyl and its analogs killed more Americans than any other drug in 2016, and the vast majority of it comes from China,” said Attorney General Sessions. “The defendants in this case allegedly trafficked fentanyl from China to 11 states from coast to coast. As a result, Americans died in at least three states. I want to thank the U.S. Attorney’s Offices in North Dakota and Oregon, the Criminal Division’s Narcotic and Dangerous Drug Section, DEA, HSI, the North Dakota Bureau of Criminal Investigations, the Royal Canadian Mounted Police, and dozens more law enforcement officers across the United States and Canada who helped make these indictments possible. Today’s indictments are a step toward dismantling an alleged international fentanyl trafficking operation and eventually ending this nation’s unprecedented drug crisis.”

https://www.justice.gov/opa/pr/four-additional-chinese-nationals-and-six-additional-us-residents-indicted-north-dakota

5…………> Market Report 04/27/2018, sell stop 24250, CG(9392), 11/22/17

In anticipation of missile strikes against Syria market slid nearly 300 points, triggering sell stop at 24400 for a gain of 50 points, and initiating a sell short position at 24,000 with a cover short stop at 24050 for a loss of 50 DIA points.

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 at 24250 for a loss of 50 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 down 11 to 24311, DJ futures at -37, attempt to stage a covering short rally.

Gold up to 1324.1 and USD/CHF at 0.99 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 24,250. 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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