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Bibi1581 Blog For 05/24/2018: Evening Edition

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.

https://www.ice.gov/news/releases/bronx-man-charged-following-ny-best-investigation

 

 

 

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.

http://v.aa.com.tr/1155525

 

 

 

3…………> Absolutely No Farting: Alexa Listening

 
“He proceeded to tell us that he had received audio files of recordings from inside our house. At first, my husband was, like, ‘no you didn’t!’ And the [recipient of the message] said, ‘You sat there talking about hardwood floors.’ And we said, ‘oh gosh, you really did hear us,” a young woman named Danielle said of the couple Portland, Oregon joke that their Amazon Alexa might be listening in to their private conversations, a joke came to an abrupt halt when they discovered a conversation was indeed recorded by Alexa – and then sent to an apparently random person in their contact list.

“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.

http://www.bbc.com/news/technology-44248122

 

4…………> “Little Beijing”: On Subi Atoll

An enormous dredging ship named “Tian Kun Hao”, that can suck up to “212,000 cubic feet of sediment from the ocean floor every hour, and apparently it has, the power horse that created and expanded islands and reefs in the South China Sea, one in particular known as the Subi Reef housing 400 buildings, including an airstrip, hangars, parade grounds, radar equipment and sports facilities.

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.

https://sputniknews.com/asia/201805241064784324-South-China-Sea-Island-400-Buildings/

 

 

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.

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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 75 to 24812DJ 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 WW3Watch 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.

Please visit https://bibi1581stem.blogspot.com/ to read Bibi1581 historic blogs

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Bibi1581 Blog For 05/05/2018: Morning Edition

1…………> “Sell Your Tesla Stock”: Elon Musk


“We have no interest in satisfying the desires of day traders. I couldn’t care less. Please sell our stock and don’t buy it,” those were the encouraging remarks by Tesla CEO Elon Musk in a conference call with investors,

that was followed by shares slump of 5.6% to $285.45, shaving almost $US3 billion off company’s market value.


It was also his refusal to answer “boring” Wall Street questions about Tesla’s first-quarter earnings which sent the electric vehicle maker’s shares down as much as 7 percent earlier in the day, and an opinion by Wall Street analysts that the company may run out of cash around Christmas.

Mr. Musk was also asked about Tesla’s capital requirements and its nagging problem of failing to meet car-production targets.

“Boring questions are not cool,” he answered.

http://www.abc.net.au/news/2018-05-04/elon-musk-refuses-answer-boring-question-tesla-sinks-wall-street/9725936

 

2…………> Down The Aisle: Meghan Markle

Meghan Markle’s father will walk her down the aisle for her wedding to Prince Harry, and the Kensington palace also confirmed that Ms. Markle’s mother, Doria Ragland, will stay with her daughter the night before the wedding and travel with her by car to St George’s Chapel in Windsor.

Following tradition, the bride and groom-to-be will not spend the night together before the wedding and the first time he sees her on the big day is when she is walking down the aisle.


“Both of the bride’s parents will have important roles in the wedding. Ms. Markle is delighted to have her parents by her side on this important and happy occasion,”

http://www.abc.net.au/news/2018-05-04/meghan-markles-father-to-attend-royal-wedding-kensington-palace/9729662

 

 

 

3…………> Anger From Below: Mt. Kilauea

 

Fresh eruptions sent fountains of lava 100ft out of the ground on Hawaii’s Big Island, destroying several homes amid fissures on three streets and deadly levels of dangerous sulfur dioxide gas in the air.

A number of increasingly strong earthquakes rocked the area after the eruption, with the US Geological Survey (USGS) reporting a 6.9 magnitude quake south-east of the volcano.

http://www.bbc.com/news/world-us-canada-44012046

 
 

 

4…………> In Support Of NRA: Trump


“They don’t have guns. They have knives and instead, there is blood all over the floors of the hospital”, that is how President Trump described a hospital in London, where firearms are illegal but violence still erupts as criminals turn to knives.


“Your Second Amendment rights are under siege but they will never ever be under siege as long as I am your president. We cannot get complacent. We have to win the mid-terms,” Trump said at the National Rifles Association (NRA) annual meeting in the convention center in Dallas.

Gun control “diehards” accused Trump of bending backward to the NRA instead of working to curb gun violence.

“It’s the job of the president to ensure our public safety, but Trump takes his marching orders from the NRA,” Gabby Giffords, the former Arizona congresswoman who was badly wounded in a shooting, said in a statement. “Trump has ignored the pleas of young people demanding safer gun laws.”

 

http://www.xinhuanet.com/english/2018-05/05/c_137156863.htm

http://www.bbc.com/news/world-us-canada-44008157

 

5…………> “Argentina De Banana”: 40% Rates


Argentina’s central bank performed a series of money market operations that raised rates to 40% from 33.25%, all intended to help stabilize the national currency and prevent a repeat of its 2001-2 economic crisis that left its population in poverty.

The peso jumped more than 5 percent against the US dollar following Friday’s announcement, having sunk nearly 8 percent the previous day.

Inflation is currently running at 25.4 %, and most analysts expect the headline figure to remain close to 20 percent. Investors say with one of the world’s highest inflation rates, Argentina is particularly vulnerable to investment losses.

http://www.dw.com/en/argentina-hikes-interest-rate-to-40-percent-to-avoid-new-meltdown/a-43663063

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