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Investors and Markets Continue to Whistle Past Graveyards

Cory
December 20, 2016

In our discussion with Chris Temple we address the fact that investors continue to ignore some big issues that are no being addressed. Recent data out of the US shows, China and Europe continue to show that the global financial system is on shaky ground.

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Discussion
36 Comments
    CFS
    Dec 20, 2016 20:37 AM

    OFF TOPIC:

    French scholar of Islam, Gilles Kepel, told German newspaper Die Welt that the eventual goal of Islamic terrorism was not to simply murder western people in Europe.

    He explained the purpose of bloody and vicious attacks on innocent people is to incite hatred among the general population of Muslims in general… encourag[ing] more young believers to take up arms against westerners which would eventually lead to civil war on the streets.

    https://youtu.be/aPPBSuXpYsA

      Dec 20, 2016 20:01 AM

      CFS:

      You think that maybe if we attack enough Muslim countries, eventually they will all go terrorist?

        Dec 20, 2016 20:07 PM

        Are you planning to read John Nixon’s new book, “Debriefing the President”? Not particularly complimentary of the CIA and some interesting thoughts on Saddam H.

          Dec 20, 2016 20:34 PM

          I’ll put it on my list. SH was our creation. His first job was as a CIA assassin. He may have been a monster but he was our monster. We took out Iraq on behalf of Israel. They were no threat to us. We lost 10,000 Americans if you both counting the mercenaries and Israel lost none.

            GH
            Dec 20, 2016 20:38 PM

            And how many more Americans with shattered lives? And how many innocent Iraqis?

            There’s really not much good to say about the CIA. If you want a deep dive, Al, youtube John Loftus, America’s Nazi Secret.

            GH
            Dec 20, 2016 20:44 PM

            Another oldie but goodie on the CIA was reporter Gary Webb’s expose of their role of bringing crack cocaine into LA in the 1980s. Of course, Webb died of ‘suicide’ by two bullets to the head.

            Dec 20, 2016 20:59 PM

            A lot of strange things going on out there GH! Or should I perhaps say “continuing to go on”!

      Dec 20, 2016 20:03 PM

      How do you explain The Liberty Report of Ron Paul and Daniel McAdams which we posted on Sunday.

      Where would that put the ordinary citizens of Syria as opposed to the terrorists?

        GH
        Dec 20, 2016 20:39 PM

        Ordinary Syrians = victims of US and Israeli aggression.

          GH
          Dec 20, 2016 20:39 PM

          Oh, and Qatari and Saudi aggression.

          Dec 20, 2016 20:40 PM

          GH +1

            Dec 20, 2016 20:00 PM

            GH and Robert, I would like to hear what you think of the Ron Paul and Daniel Mc Adams video that we put up on Sunday.

            GH
            Dec 20, 2016 20:09 PM

            Great interview, Al, as is the one with Eva Bartlett that b posted at the top of the comment section.

            Back when ISIS first came on the stage, I commented to my father that, contrary to the story coming from the boob tube, it wouldn’t surprise me at all if they turned out to have the US behind them. Once one understands the game of the villains running our foreign policy, their dirty tricks are generally pretty transparent. Iraq, Libya, Ukraine–all the same story.

            Frankly, it makes my blood boil to be coerced into supporting their crimes against humanity with my tax dollars, and to have them drag our country down into the sewer with their psychoses. And it has driven me crazy for many years the way the vast majority of Americans prefer to look away, deny, and be wilfully ignorant of the crimes to which they are a party.

            I want to see the Clinton, Bush, and Obama circles, the neocons, and the presstitutes who have enabled them, in the dock for war crimes, as well as the numerous other crimes of which they are likely guilty. Pizzagate is for real, and it is far-reaching. The NSA could break it wide open. Why don’t they?

            GH
            Dec 20, 2016 20:56 PM

            One other thought, Al.

            By rights, the US owes the four countries mentioned above, as well as many others, huge amounts of $$ in reparations.

        Dec 20, 2016 20:39 PM

        I didn’t see that but Syria had a fair election, Assad won with 80% of the vote and there was no civil war, only terrorists supported by outside countries. The US, the UK, SA, Turkey and Qatar all fed weapons and supplies to the terrorists. All on behalf of Israel as Israel predicted in The Clean Break from the Peace Process some 20 years ago.

        The CIA is a rogue state utterly out of control and they will cause the defeat of the US in our next war just as they have in the last ten. Eventually the US will wake up to who the real threat is from.

          Dec 20, 2016 20:04 PM

          Robert,

          The book I mentioned will be an eye opener for anyone who reads it. Sure, it certainly appears that the election in Syria was legitimate.

          More and more folks on your side Robert. That does not happen to include the Press!

            Dec 20, 2016 20:30 PM

            The press just proved they are a paper tiger as did the CIA. Blaming Russia for the defeat of HRC was their last gasp. Everyone gets it now.

      Dec 20, 2016 20:02 PM

      No, the purpose of terrorism is to advance the centralization of government and deny the people their freedom. When we created the Department of Homeland Security and passed the Patriot Acts (all of which had been written well before 911), we actually did EXACTLY what the terrorists wanted us to do.

        GH
        Dec 20, 2016 20:14 PM

        In a strange way, George W. Bush told the truth when he said those who attacked us on 911 did it because they hate our freedom. Just look at those who took away our freedoms in response, and you know the likely true culprits for that event.

    CFS
    Dec 20, 2016 20:46 AM

    Off Topic:

    If the governments do not act soon, the people will:

    https://www.youtube.com/watch?v=of4pXLgYUZw

      CFS
      Dec 20, 2016 20:25 AM

      You heard about he truck attack in Berlin, did your Main Stream Media also include:

      A 12-year old German-Iraqi boy tried to detonate a bomb at a Christmas market in the western town of Ludwigshafen last month and planted another explosive device near the town hall a couple of days later, German prosecutors said on Friday.

      Focus magazine cited security and judicial sources as saying the boy was “strongly radicalised” and apparently instructed by an unknown member of the militant group Islamic State.

      A spokesman at the Federal Public Prosecutor Office in Karlsruhe confirmed that officials were investigating the case but declined to comment on any possible Islamic State link.

      Nobody was hurt in either of the incidents. The boy, born in Ludwigshafen in 2004, is below the age of criminal responsibility, meaning no formal proceedings were launched against him, Public Prosecutor Hubert Stroeber said.

        Dec 20, 2016 20:46 AM

        CFS:

        We, the French, the British, the Germans, are not the victims. We started with the acts of terror and we continue daily. When you create 65 million refugees as we have, you have created a lot of terrorists. Stop creating refugees and the terrorism will decrease.

          GH
          Dec 20, 2016 20:41 PM

          Hear, hear, Robert!

          When will the Christian clerics speak out against Western terrorism?

          CFS
          Dec 20, 2016 20:50 PM

          i understand what you have repeatedly stated Mr. Moriarty.

          I never cease, however, to be somewhat surprised by your “Jewish=style” attitudes.
          An eye for an eye, etc.

          Just because the US and it’s allies aggressively kill and maim innocent people in Iraq, Afghanistan, etc., does not make it right for terrorists to retaliate by killing and maiming innocent people in the US and Europe. Sure, I see violence begets violence, but that does not make it right, either in the first instance or in the retaliation.
          I will speak out against it, regardless, and I do not agree with your implied excuse for the terrorists, Mr. Moriarty. Terrorism is wrong.
          I am not a Christian or a Jew, nor a pacifist, and I believe violence against innocent people is just wrong, with or without provocation, perceived or real.

            GH
            Dec 20, 2016 20:59 PM

            Of course you’re right, CFS.

            But it’s important to go to the root of a problem. And it’s also important to give proportionate, even-handed treatment.

            But you spend far more time pointing out the crimes of Islamic terrorists than the much greater crimes of the West, which started all of this.

            CFS
            Dec 20, 2016 20:09 PM

            Furthermore, I will continue to speak out against the lack of conscience and civilized behavior of Islamic migrants. What pathetic piece of Muslim Moroccan youth has the excuse to rape a Swedish girl? Why should an Islamic Turk stealing from and raping young Austrian boys be tolerated by any society?
            Yes, I condemn the US and its Allies in its violence in the Middle East, but that does neither provide an explanation or any excuse for the animalistic behavior of Islamic immigrants, and their sub-culture.

            CFS
            Dec 20, 2016 20:25 PM

            GH, I repeatedly condemned the attack on Libya. I criticized Obama’s support for Arab Spring in Egypt.
            I Have have repeatedly condemned the use of drones to target victims without a trial. I have condemned the use of drones that kill innocents, suggesting it to constitute a war crime.
            I further fail to see how terrorist activities are provoked by the US for Pakistanis, Moroccans, Somalis, Indonesians, etc. For those Islamic terrorists, the US has at worst simply given millions of dollars in aid and food.

            CFS
            Dec 20, 2016 20:35 PM

            And what have Sweden and Austria ever done to provoke such behavior from immigrants; other than to provide shelter and welfare?
            Hint: Provocation is an obfuscation of the truth.
            The problem is not provocation; the problem is the attitudes generated within Islam.

            GH
            Dec 20, 2016 20:39 PM

            Oh, the suffering the West, particularly the US, has caused in Somalia, Indonesia, and Pakistan!! Look it up. They have very good reason to hate us.

            It’s idiotic to permit them to immigrate this way, given that history. I think we agree on that.

            Our disagreement is a matter of emphasis. I won’t dispute your having pointed out crimes of the west, though I don’t remember many instances–some of those were before I was here. I will just say that it comes off as a drumbeat putting the blame squarely on the muslims.

            In my opinion the key is twofold: 1) to recognize the error of our ways and change it–focusing overly on their crimes could lead to the opposite, escalation of past mistakes; 2) create solutions that keep them at home, rather than flooding the West as refugees.

            GH
            Dec 20, 2016 20:42 PM

            We could go back and forth. I’d leave it at this:

            1) We should stop brutalizing them. We are definitely not superior, just different in our style.

            2) Do not allow mass migration. Enlightened, educated members of their society, fine.

            Dec 21, 2016 21:34 AM

            CFS;

            Most of the time you make a lot of sense but you have a blind spot here. I have never said I approve of terrorists running trucks into holiday shoppers. I have never implied I approve.

            But I do understand and understanding the problem is the first part of solving it.

            If we hadn’t created 65 million refugees, we wouldn’t have a terrorism problem. Likewise, until the US went into Iraq and Syria, there was no terrorism problem. If you want to stop terrorism, you have to stop creating the environment where it grows.

    Dec 20, 2016 20:15 AM

    Palladium Expected To Outperform Platinum In 2017
    By Allen Sykora – Monday December 19, 2016

    “We’re positive on the platinum group metals, and we have been for some time,” said Mike Dragosits, senior commodity strategist with TD Securities. “We’re a little bit more positive on palladium than platinum.”

    “TDS looks for the palladium-market supply deficit to double from 600,000 ounces in 2016 to 1.2 million in the next year. The firm expects the platinum deficit to rise from 400,000 in 2016 to between 600,000 and 650,000.”

    “Societe Generale looks for continued but narrower deficits in 2017. Bhar calls for the platinum deficit to narrow to 140,000 ounces from 195,000 in 2016, and for a 2017 palladium deficit of 1.02 million ounces after 1.275 million in 2016.”

    http://www.kitco.com/news/2016-12-19/Palladium-Expected-To-Outperform-Platinum-In-2017.html

    Dec 20, 2016 20:35 AM

    The new buzzword since the election has been “Animal Spirits.” Google Animal Spirits ,the first thing that pops up is a wikkipedia reference to John Maynard Keynes 1936 book,”The general theory of Employment Interest and Money. Just saying.

      GH
      Dec 20, 2016 20:24 AM

      Huh. And here I thought the buzzword has been “spirit cooking”…

    Dec 20, 2016 20:46 AM
    Dec 20, 2016 20:28 PM

    I am getting ready for the Ray Gun rug pull next month when Trumpy is sworn in. You all positioned?