1…………> Egypt Blogger Arrested: Police Brutality
The Arabic Network for Human Rights Information (ANHRI) reported that the prominent Egyptian journalist Wael Abbas has been removed blindfolded from his Cairo home, with authorities giving no legal reason for his arrest that followed recent detentions of two other bloggers.
In 2006, Abbas came to prominence for posting videos showing police brutality and earned the Knight International Journalism Award in 2007.
Gamal Eid(Abbas lawyer)
The escalation of the police campaign in Egypt amounts to the abduction of well-known journalist and blogger Wael Abbas.
3:26 AM – May 23, 2018
ANHRI reported that “They took Abbas blindfolded to unknown whereabouts after they seized computers, phones, books and other things from the house,” yet another human rights violation by the regime of General Sisi, a US-supported clown who is in the bloody shoes of his predecessors.
2…………> China Tariff War: Back On
Less than a week after the two countries suspended plans to impose tariffs on up to $US200 billion ($265 billion) worth of each other’s goods, a well-placed news release that bolted DJI almost 300 points upwards, President Trump declared in a tweet that a more detailed agreement “will be too hard to get done”, while hedging himself that the talks were “moving along nicely, and negotiations with China would require “a different structure”.
3…………> NATO/Lithuania War Games: On Russian Border
German soldiers attend a media day training of the “Flaming Thunder 2018” international artillery drill in Klaipeda District, Lithuania, May 23, 2018. The “Flaming Thunder 2018” international artillery drill is held in Lithuania from May 14 to May 25, involving over 1200 troops from 9 NATO countries.
4…………> “PLA Navy Stay Out”: US
The United States’ decision to exclude China from the Rim of the Pacific (RIMPAC) naval exercises is not constructive and Beijing hopes Washington will change its negative mindset, Chinese State Councilor Wang Yi said during a joint press conference with US Secretary of State Michael Pompeo on Wednesday.
“On the Pentagon’s [exclusion] of Chinese military in RIMPAC exercise, we find that a very non-constructive move, it’s also a decision that’s taken lightly, it’s unhelpful to mutual understanding between China and the United States, we hope the United States will change such a negative mindset,” Wang told reporters.
The United States canceled its invitation to China to participate in maritime exercises in the Indo-Pacific region because of Beijing’s wholesale pirating out of the South China Sea and demanded an immediate removal its military assets as well as stop turning the disputed islands into forwarding PLA bases.
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 24850 for a gain of zero 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 to 24886, DJ futures -52, attempt to stage a covering short rally.
Gold down to 1293.8 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 24,900.
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.