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Bibi1581 Blog For 03/19/2018: Evening Edition

1…………>  California Splitting: 51th State

Article IV, section 3 of the US Constitution allows for new states to be admitted into the union, though no new state can be formed within an old state without the consent of the state legislature as well as a consent by the people.

 “Generally speaking, it’s very uncommon for a state to willingly vote to make itself smaller. (The last time that happened was in 1862 when West Virginia broke off from Virginia, and that involved some creative wartime interpretations of the Constitution.) And the U.S. Congress seems no more likely to vote for such statehood,” according to the Pacific Standard Magazine explained online post in November 2013.
 

Two men named Robert Paul Preston and Tom Reed launched a campaign on Jan. 15 to create “New California”, the 51st state of the union by dividing rural California from the coastal cities, citing a list of 40 violations of the law against the state’s government.

It states that a consensus must be reached by the state legislatures of California as well as Congress. The process, according to New California hopefuls, could take up to 18 months.

http://www.foxnews.com/us/2018/03/19/new-california-and-other-us-territories-fighting-to-become-51st-state.html

 

 

2…………….> Back To The Future: Uber Crash

An Uber self-driving car has hit and killed a woman named Elaine Herzberg, 49, who was walking her bicycle outside the pedestrian crossing on a four-lane road iPhoenix, Arizona, marking the first fatality caused by a fully autonomous vehicle and a potential blow to the technology expected to transform transportation.

The car was in autonomous mode with an operator behind the wheel and police were unsure whether it slowed down before the collision.

“This tragic accident underscores why we need to be exceptionally cautious when testing and deploying autonomous vehicle technologies on public roads,” Democratic Senator Edward Markey, a member of the transportation committee, said in a statement.

Self-driving cars being tested routinely get into fender-benders with other vehicles, when last week, a self-driving Uber crashed with another vehicle in Pittsburgh, local news reported. There were no injuries.

http://www.abc.net.au/news/2018-03-20/uber-suspends-self-driving-car-tests-after-fatal-crash/9565586

 

 

3…………> MS: A Breakthrough

A multiple sclerosis medical procedures involving wiping out a patient’s immune system using cancer drugs and then rebooting it with a stem cell transplant did a wonder for patient Louise Willetts, 36, from Rotherham, who is now symptom-free and said: “It feels like a miracle.”

Just over 100 patients took part in the trial, in hospitals in Chicago, Sheffield, Uppsala in Sweden and Sao Paulo in Brazil.

The patients received either haematopoietic stem cell transplantation (HSCT) or drug treatment.

After one year, only one relapse occurred among the stem cell group compared with 39 in the drug group.

After an average follow-up of three years, the transplants had failed in three out of 52 patients (6%), compared with 30 of 50 (60%) in the control group.

http://www.bbc.com/news/health-43435868

 

 

4……………..> Opioid Pushers: Death Penalty

In a televised address, President Donald Trump said it “isn’t about nice anymore”, called for better awareness of addiction and expanded access to treatment, stiffer penalties for drug traffickers, including the death penalty.

“Toughness is the thing that they most fear, this isn’t about nice anymore. This is about winning a very, very tough problem and if we don’t get very tough on these dealers it’s not going to happen, folks … I want to win this battle,” Mr Trump declared about his work with Congress to find $US6 billion ($7.8 billion) in new funding for 2018 and 2019 to fight the opioid crisis.

“Drug traffickers kill so many thousands of our citizens every year,” Mr Trump said.

“That’s why my Department of Justice will be seeking so many tougher penalties than we’ve ever had and we’ll be focusing on the penalties that I talked about previously for big pushers, the ones that are killing so many people, and that penalty is going to be the death penalty.

“Other countries don’t play games … the ultimate penalty has to be the death penalty.”

 

 

5……….> Market Report 03/19/2018, cover short 24710, CG(6592), 11/22/17

Short position at 24850 was covered for a gain of 50 DIA points, and new long position established at 24900, sell stop triggered at 25350 for a gain of 450 DIA points. Current position short at 25300, cover shortstop 24,700 was triggered for a gain of 600 DIA points, a closing position long 24750, sell stop triggered at 25100 for a gain of 350 DIA points. 

New short position established at 25050 with cover shortstop 24710 for a gain of 340 DIA points.

Stock market old timers have said that “you buy the rumour, 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 aluminiumDIA 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 336 to 24611DJ futures at –46

Gold down to 1316.2 and USD/CHF flat at 0.95 due to the tariff imposition. 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 24710. 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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