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Bibi1581 Blog For 02/12/2018: Evening Edition

1…………> “DPRK Ivanka” Diplomacy: CNN Darling

CNN’s communists new darling, North Korean leader Comrade Un’s sister and her diplomatic efforts were welcomed by the brutal dictator and his US “Fake News Media” sympathizers as a return to the “the warm climate of reconciliation” that seem to give him a breath of fresh air and time to regroup his hordes after the delegation returned from their three-day trip to the South.

“After receiving the delegation’s report, Kim Jong Un expressed satisfaction over it and said that very impressive were the features of the south side which specially prioritized the visit of the members of the DPRK side who took part in the Winter Olympics,” KCNA said.

Missing or deliberately disguised by Comrade Un’s communist friends and admirers over at CNN and NBC in all this “mamalies” hoopla, is the fact some 400,000 North Korean citizens have died in the SSD feared and infamous camps, in fact the reports of prisoners deaths have reportedly ceased since he took over the regime after his father death.

http://p.dw.com/p/2sZXl

 

 

 

2…………> Market Report 02/12/2018, sell stop 24,400, CG(5192), 11/22/17

Short position closed at 24912, triggering cover short stop at 24500 with indicated gain of 1900 DIA points upon closing short position. Long DIA position was established at 24500 with a stop at 24600 was closed for a gain of 312 points. New short position was re-established at 24550 with cover short stop at 24600 for a loss of 50 points, later indexed down at closing to 24000 for a paper gain of 550 points. A market reversal triggered cover short position close at 24000 for a zero gain, new position long at 24,000, sell stop at 24400 for a paper gain of 400 DIA points.

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 Democrats screaming murder as a close look at the new FISA memos that are suggesting an incredible Constitutional crisis brewing, a crisis that may reach the very leaders of the “opposition party”. DIA resistance is in the 27,000 area, with supports at 24135, 21354 and 18900 level, US dollar in down trend, resistance at 1.003319 CHF, support at .92 and 0.9: Gold in 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, market will open on gap below 20,000 with next stop 17300 and 11800 support levels.

Stocks were up 410 to 24601, DJ futures at -11.

Gold up to 1325.9 and USD/CHF up to 0.9386 due to intervention crosscurrents. 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 24,400. We have to wait and see if new Fed chair Powell will attempts 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 Disorder.

 
 
 
 

 3…………> Drain The Swamp: Trump

To put it mildly, underperforming federal workers, men and women that could never be fired, just re-assigned, i.e. federal government “ham and eggers” who spend years doing nothing, absolutely nothing like sending worthless emails, eating apples and playing video games down in the department’s basement while making up to $250k per year plus generous benefits, were put on notice by President Trump, including in his $4 trillion budget plan a major overhaul for how hiring and firing is done in the D.C. bureaucracy,

Following on Trump’s promise to his base to “drain the alligator infested D.C. swamp,” the plan calls for several big changes by ending automatic pay hikes, changing retirement benefits and making it easier to fire bad employees and reward good ones.

http://www.foxnews.com/politics/2018/02/12/trump-budget-aims-to-end-automatic-pay-hikes-for-federal-workers-make-firings-easier.html

 

 

4…………>Steel Go Away: Super Wood

“This new way to treat wood makes it 12 times stronger than natural wood and 10 times tougher. This could be a competitor to steel or even titanium alloys, it is so strong and durable. It’s also comparable to carbon fiber, but much less expensive,” a study leader and associate professor Liangbing Hu of the University of Maryland said in a statement.

Dr. Hu team have developed a method to make wood as strong as steel or even titanium alloys, opening up possible applications in areas such as buildings, cars and airplanes.

“It takes 10 times more energy to fracture than natural wood. It can even be bent and molded at the beginning of the process,” Li told Xinhua.

http://www.xinhuanet.com/english/2018-02/08/c_136957263.htm



5…………> GOP Budget Hogs: Trump’s Plan

In a sign of continuous disorder and a lack of responsibility in the D.C. “alligator infested swamp”, Congress approved a budgetary plan which removed spending caps that have suppressed military spending, and simultaneously made caps for all other domestic spending areas perpetual.

“Budget hawk” and Kentucky Republican Rand Paul, MD was not amused:

“I’m here to put people on the spot and make them uncomfortable,” said Paul as he singularly hijacked a Senate plan to vote on the budget package. “We have a 700-page bill that was printed at midnight and no one has read it.”

“Remember when Obama was ‘spending us into oblivion?’” asked Paul. “How come you were against Obama and now for Republican deficits? Isn’t that the very definition of hypocrisy?” he continued his attack on a budget that suspended the federal debt limit until March 2019.

http://www.foxnews.com/politics/2018/02/12/trump-budget-to-be-released-today-expect-congress-to-ignore-it.html

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