The oil crash is the worst in 45 years, 70,000 jobs lost and 130 billion in expenditures cancelled, while OPEC keeps output up in the unfolding war with US shale patch. The current break of the critical 1300 level of gold points to a massive deflation directly ahead and possible drop of $DIA down to 11,200 level.

Comments

Post a Comment

Popular posts from this blog

Your 1600 Update

Image
100 DAYS OF HISTORIC ACCOMPLISHMENTS IN PHOTOS:  President Trump's First 100 Days View Photos America First: President Trump's First 100 Days Read More President Trump's 100 Days of Historic Accomplishments Read More President Trump's 100 Days of Accountability Read More President Trump's 100 Days of Security and Safety Read More
Read more

Bibi1581 Blog 9/29/2017:ME

5............> Brooming Obama's Trash: 500 Arrested By ICE WASHINGTON – U.S. Immigration and Customs Enforcement (ICE) Enforcement and Removal Operations (ERO) Fugitive Operations teams arrested 498 individuals from 42 countries for federal immigration violations in multiple cities across the U.S. during a four-day operation that ended Wednesday. Operation ‘Safe City’ focused on cities and regions where ICE deportation officers are denied access to jails and prisons to interview suspected immigration violators or jurisdictions where  ICE detainers  are not honored. The operation targeted individuals who have violated U.S. immigration laws, prioritizing aliens with criminal convictions, pending criminal charges, known gang members and affiliates, immigration fugitives and those who re-entered the U.S. after deportation. Individuals with active DACA were not targeted for arrest. “Sanctuary jurisdictions that do not honor detainers or allow us access to jails and prisons are s...
Read more

Bibi1581 Blog For 9/13/2017: Morning Edition

1..............> Un Darling: Mr.Xi China's very shrewd Mr.Xi insisted on watering down latest sanctions to let Kim Jong-un know that he is still their favored pit bull that can keep its diamond studded nuke collar, and that Beijing does not believe sanctions will force the North Korean leader to surrender his weapons. http://www.bbc.com/news/world-asia-china-41236742 2............> Drug Dealer's Currency: Bitcoin The chief executive of JPMorgan Chase Jamie Dimon called the most popular cryptocurrency Bitcoin's value continued rise "a currency made of thin air" and a "fraud," predicting that "it won't end well." Dimon said that if one of his JPMorgan workers would trade Bitcoin, he would have fired him "in a second for two reasons. One, it’s against our rules. Two, it’s stupid." https://sputniknews.com/business/201709131057356827-bitcoin-jpmorgan-fraud-cryptocurrency/ 3.............>   Smart On Global Warming: China Bei...
Read more