Minimize

Welcome!

Lots To Recap In The Last 24 Hours… Fed, Economic Data, Judy Shelton Comments, and Market Swings

Cory
August 1, 2019

Chris Temple, Founder of The National Investor joins me to recap the news events and market reactions. We start with the Fed disappointing the uber doves by not outlining a rate cutting cycle. This move markets and gold lower as the dollar moved to a higher high. This this morning we saw an ISM number that disappointed followed by new Fed nominee Judy Shelton who catered to Trump with her comments on needing to move the US Dollar lower. Both of these are causing market and gold to recover.

Click here to visit Chris’s site and find out more about his newsletter.

Discussion
49 Comments
    cfs
    Aug 01, 2019 01:04 AM

    The Fed will cut again 25 basis points Sept 12.

    https://youtu.be/PP-4DO7kh1I?t=13

    Aug 01, 2019 01:24 AM

    Wow! What a day of ups and downs. Also one of Chris’s better interviews trying to explain what’s happening. Bloomberg ties the downdraft in gen’l markets to trump’s latest hissy-fit with China and his addition to the tariffs of another 10%. I’ve got an interest in the SOX heading down so couldn’t be better. Totally recouped yesterday and still going……….It’s going to be tough on the Fed if the markets won’t cooperate longer than 24 hrs. Maybe they will have a special meeting before their Sept. schedule!!!

    b
    Aug 01, 2019 01:20 PM

    Watch Tulsi Gabbard’s interview with Anderson Cooper

    https://youtu.be/O47TE371KQ8

    Tulsi blatantly states Trump is supporting Al-Qaeda

    A betrayal of all americans, especially all those that died on 91.

    Go Tulsi go!!!

    Dont forget to send Israel more cash. lol

      b
      Aug 01, 2019 01:21 PM

      oooops, not 91
      911, bet ya’all newdatdoh.

        Aug 01, 2019 01:56 PM

        She is in the military…….just scratching her own back……….

          Aug 01, 2019 01:02 PM

          The insiders did the 9/11……..did you read the report in 1988……concerning the asbestos in the Twin Towers….The owners were going to have to remove the asbestos….but, instead of removal…which was to expensive , …decided to dream up 9/11 attack…

            Aug 01, 2019 01:04 PM

            The boogie man….is the CIA, Pentagon, MIC……She is way behind the curve….

          cfs
          Aug 01, 2019 01:22 PM

          Gabbard WAS in the military, but is LYING

          Read the press conference speech Trump gave before flying to Cincinnati today.

            Aug 01, 2019 01:56 PM

            posted below……..

      cfs
      Aug 01, 2019 01:15 PM

      Listen to the press conference just before Trump took off to the Cincinnati rally.

      Gabbard is LYING.

        Aug 01, 2019 01:19 PM

        Do you have the clip……..thanks…..

        b
        Aug 01, 2019 01:27 PM

        President Trump has made 10,796 false or misleading claims over …
        https://www.washingtonpost.com/…/president-trump-has-made-false-or-misleading-clai…

        Ya, I believe you would believe Trump over Tulsi.

          b
          Aug 01, 2019 01:40 PM

          He also lies when he says the americans (him) defeated isis.

          A crock of whale sh@t ma boy.

          Aug 01, 2019 01:41 PM

          Washington Post…….?….have they proved the claim…..that is a lot of false claims….

            Aug 01, 2019 01:43 PM

            Just asking…..I know , or think, that there were a few white lies…. 🙂

            b
            Aug 01, 2019 01:56 PM

            There have been a few people counting his lies, from the start of his election campaign.

            It was a topic of jokes on late night tv for a long while.

            I just posted the first one to appear with google.

            Aug 01, 2019 01:02 PM

            Thanks……I miss late nite TV…of the 60s…..when things were a lot simpler ….

    b
    Aug 01, 2019 01:21 PM

    I dont think Tulsi can name the mic,cia,pentagon or Israel as the perpetrators of 911, she would truly be called russian or isis or at least a traitor.

    It got blamed on Al Quaeda and Bin Laden so she sticks with that.

    Having watched her for awhile now I think she knows full well whats what.
    She just says things in a way people can accept.

      Aug 01, 2019 01:09 PM

      Where does she come up with Trump supports ISIS……..
      Coats just got canned……

        Aug 01, 2019 01:17 PM

        ISIS,….is for hire, funded by CIA,..ISIS is just one part of the team….Arms, Drugs, Human Trafficing , ….I guess , if , you want to say Trump likes a strong military, and just funded the military with $1.7 Trillion….and allowed the Fasbe 56 rule to apply to non accounting of funds by the US GOVT……Then you might have an angle…..

          cfs
          Aug 01, 2019 01:38 PM

          Jerry, I’m sorry, but you are wrong about ISIS.
          There are no known leaders left alive that are not prisoners.
          The U.S. is currently holding over 2,500 of them that are European Nationals, and is negotiating for European countries to take them back and jail them.
          (Even bin Laden’s son who was recruiting for ISIS was killed by the U.S.)
          U.S. Nationals are mostly held at Guantanamo.

            Aug 01, 2019 01:03 PM

            ISIS, is just a name….was ISIL , Name is used for the boogie man, for deep state action, overthrowing govts….They may be under control via Trump, but, will appear, if Deep state MIC stays in control of the Govt.

            Aug 01, 2019 01:59 PM

            Webb…..has tied some of these pieces together…..and they are still going on ….might be slowing down…..but, the deep state is still kind of deep….

        b
        Aug 01, 2019 01:51 PM

        Ya, that Trump pressure sure got answers concerning Jamal Khashoggi.

        Stopped them from bombing children too. Kinda like what Israel does to children.

        We give just “limited” bombs but thank goodness those saudi women can now drive.
        Thats progress.

        2017 United States–Saudi Arabia arms deal. On May 20, 2017, U.S. President Donald Trump and Saudi Arabia’s King Salman bin Abdulaziz Al Saud signed a series of letters of intent for the Kingdom of Saudi Arabia to purchase arms from the United States totaling US$110 billion immediately, and $350 billion over 10 years.

        Ya, a “limited” number of weapons and that doesnt include the weapons from the ameracan vassals.

      cfs
      Aug 01, 2019 01:31 PM

      b, You do know the is currently a Grand Jury/DoJ investigation CURRENTLY looking into 911.
      It was started about a month ago. Instigated at the request of the 5 fire commissioners in S. Queens district of New York. (Jeffrey Birman is the lead DoJ Attorney/investigator)
      The investigation news broke about 7/24 and I read two reports in the media (not MSM)
      about 7/27 or 7/28
      But basically not reported by legacy media.

        b
        Aug 01, 2019 01:22 PM

        Yes I was aware, and its about time.

        cfs, if you want to know whats going on in the me, you need to follow whats happening.

        Aug 01, 2019 01:30 PM

        Better hope they go back to 1988……….Twin Towers and the asbestos claim….

    b
    Aug 01, 2019 01:24 PM

    If you notice, she says outright we were lied to about wmd in Iraq, that was cia info.
    Meaning the cia lies to us, surprise surprise I know, but most people dont understand that.

      cfs
      Aug 01, 2019 01:46 PM

      b, I guess you just did not notice, U.S. foreign policy changed in 2017.

      Trump foreign policy is NOT obama foreign policy; as much as Democrats would like to describe it as such, it’s just their usual projection, of blaming Trump for what Obama was ACTUALLY doing.

    b
    Aug 01, 2019 01:27 PM

    Notice also, she does say Trump supports isis and al quaeda and that we should stop supporting saudi arabia.

      cfs
      Aug 01, 2019 01:15 PM

      Tulsi Gabbard was at most a Captain in the Hawaiian National guard serving in Afghanistan.
      Do you really think that gives her an overview of the whole Middle East situation?

        b
        Aug 01, 2019 01:36 PM

        CFS, you really do misinform.

        A person actually doesnt need to be in the military to understand whats going on in the middle east.
        Just because she has been in the middle east with the military far from means she does not.

        It doesnt surprise me a pro Israel person would oppose Tulsi Gabbard.

          cfs
          Aug 01, 2019 01:44 PM

          I listen to Trump.
          You clearly do not.

          https://www.youtube.com/watch?v=RhazJs3smKo&feature=youtu.be&t=654

          I know he brags a lot, BUT
          Don’t you think reporters would challenge him if he lied?

          cfs
          Aug 01, 2019 01:57 PM

          When exactly did Tulsi Gabbard leave Afghanistan and WHAT WAS HER RANK ?
          (From memory she served, I believe 2 tours 2004-5 and 2008-9)
          She has been in Congress since the 2012 election.
          I agree, you don’t have to be serving in the military to understand the Middle East, but that is what she claims.

          How many speeches of hers have you actually listened to?

          I have listened to 5 or 6.
          She claims

        b
        Aug 01, 2019 01:12 PM

        On October 12, 2015, Gabbard was promoted from captain to major at a ceremony at the National Memorial Cemetery of the Pacific. Akaka administered the oath of office to the new major.[26][27] She continues to serve as a major in the Hawaii Army National Guard.[28]

        https://en.wikipedia.org/wiki/Tulsi_Gabbard

        cfs, double check ur bs before u post.

        What was that Mossad oath? lies and what else was it?

          cfs
          Aug 01, 2019 01:04 PM

          If she was promoted to Army Major in 2015, but left Afghanistan in 2009, does that not imply she was a captain or lower rank on leaving Afghanistan?


          On August 1, 2019 at 4:15 pm,
          cfs says:
          Tulsi Gabbard was at most a Captain in the Hawaiian National guard serving in Afghanistan.
          Do you really think that gives her an overview of the whole Middle East situation?

          Where did I lie or mislead ?

          i.e. She was at most a captain in Afghanistan.

            b
            Aug 01, 2019 01:56 PM

            You simply said Tulsi lied.
            I pointed out she was promoted to major.

            You said you listen to trump, I showed you one reference to …you cant believe a word he says.

            He is a warmonger continuing the same agenda Obama and Bush had, he also serves Israel before the states.

            b
            Aug 01, 2019 01:02 PM

            Yes, I have listened to Tulsi speeches.

        Aug 02, 2019 02:28 AM

        CFS:

        For the first time I can remember you have asked a perfectly reasonable question. Does serving in combat in the Middle East give her an overview of the whole Middle East situation?

        The answer of course is NO, it does not give her an overview of the whole Middle East situation.

        On the other hand it does give her 100 times more credibility than you show. Your ignorance of the Middle East situation is appalling yet you keep rambling on just as if you know the difference between your butt and a hole in the ground when clearly you do not.

        Those who served in combat has some understanding of warfare. Those who didn’t need to learn from those who know a whole lot more than they do.

        I’m certain you will make a good slave.

    cfs
    Aug 01, 2019 01:08 PM

    The situation in Yemen is not simple.
    (Obviously) There is a severe humanitarian problem with mass starvation.
    But the reason for Saudi Arabia’s actions is to restrict Iran’s militaristic ambitions, which is why Saudi is getting LIMITED help from the U.S.
    I know people in this blog disagree with me about Iran being a major supporter of terrorism in the Middle East, and I don’t want to start another furor over this subject.

    You will notice that pressure from Trump (back in 2017) has caused Saudi to change some of it’s sexist attitudes and restrictions on Women. (Not instantaneously I admit, but slowly women ARE GETTING more rights.)

      b
      Aug 01, 2019 01:52 PM

      Ya, that Trump pressure sure got answers concerning Jamal Khashoggi.

      Stopped them from bombing children too. Kinda like what Israel does to children.

      We give just “limited” bombs but thank goodness those saudi women can now drive.
      Thats progress.

      2017 United States–Saudi Arabia arms deal. On May 20, 2017, U.S. President Donald Trump and Saudi Arabia’s King Salman bin Abdulaziz Al Saud signed a series of letters of intent for the Kingdom of Saudi Arabia to purchase arms from the United States totaling US$110 billion immediately, and $350 billion over 10 years.

      Ya, a “limited” number of weapons and that doesnt include the weapons from the ameracan vassals.

    cfs
    Aug 01, 2019 01:44 PM

    Iran has a population of about 80 million.
    Saudi has a population of 14-15 million, but almost 40% of those are foreign nationals….The Saudi national population is around 8 million, so how could Saudi defend itself against Iran without significant U.S. help ?

    As the U.S. withdraws from Iraq, it is placing some of those troops in Saudi, BECAUSE OF IRAN’S THREAT.
    You may not believe Iran is not a threat. But it doesn’t matter if it is a true threat or not.
    WHAT MATTERS is what Trump’s advisers believe.
    Trump’s advisers believe Iran is a threat.
    Trump is acting on the advice of his advisers. THAT IS WHAT COUNTS.

    Iran has certainly not helped in the situation.
    Trump has offered to negotiate.

    https://www.militarytimes.com/news/your-military/2019/07/21/officials-us-putting-troops-back-in-saudi-arabia/

    Trump has offered not only to discussing dropping sanctions but helping Iran’s economy.
    He has one and only one stated goal, and that is the elimination of Iran’s ability to make nuclear weapons.

    Clearly Iran is not interested in dropping their ability to make nuclear weapons, so Trump is squeezing as hard as possible via sanctions to make them change their mind.

      LPG
      Aug 02, 2019 02:53 AM

      KSA has a population of 14-15 mn ?
      In which planet/year do you live CFS ?
      LPG

        b
        Aug 02, 2019 02:04 AM

        Ya, its about 30 million. Still,Iran would be a military challenge.
        Iran is no threat tho, not unless attacked.
        This threat bs comes from Israel.
        Supported of course by the mic……..and cfs.

      Aug 02, 2019 02:32 AM

      CFS:

      Trump is owned and operated by Sheldon Adelson on behalf of Israel. Iran is no more an enemy of Saudi Arabia than you are qualified to discuss those who believe they are the Master Race.

      Aug 02, 2019 02:57 PM

      CFS:

      Using your identical logic Iran’s ability to make nuclear weapons is the same as your wife being equipped to be a hooker.

      The only difference is intent. Ability is not the same as intent.

      Iran has made it clear they do not have a nuclear weapons program and don’t want one.