Judge Jeanine Pirro Interviews Corey Lewandowski…


Corey Lewandowski probably knows President Trump better than almost anyone.  Corey is grinning ear-to-ear after the Pennsylvania rally:

President Trump Invites President Rodrigo Duterte To White House…


{{snickering}} Well, who didn’t see this coming?…

(New York Post) President Trump spoke by phone Saturday with Philippines President Rodrigo Duterte — praising the strongman for “fighting very hard to rid his country of drugs” and inviting him to Washington.

The two leaders also discussed regional security, including concerns over South Korea, the White House said in a statement.

No details were given on when Duterte would visit the US, but Trump also said he looked forward to visiting the Philippines in November for a summit with other Asian nations. (link)

As we shared five days ago – this is all part of a much, much bigger strategy.  Full explainer about how President Duterte fits in AVAILABLE HERE.  The insufferable media can’t even see it…. their intellectual dishonesty is becoming very annoyi

Can Anyone Really Save The Economy in a Crash?


1998-ltcm-contagion

QUESTION: Mr. Armstrong; Did anyone ever save the world financial system during the 1998 Crash or the 2008 Crash?Also, you said that government will never heed the advice of anyone. You worked on Capitol Hill and testified before Congress and was called upon to form the G5. Yet you say it is impossible to prevent anything for it always crash and burn. Then anyone who claims they saved the economy or markets cannot be telling the truth. Care to comment?

ANSWER: Back in 1985 when I was called upon with the birth of the G5, it taught me a lesson. They will call people in to PRETEND they have consulted experts, but it is just a dog & pony show. They already predetermined what they will do and absolutely nobody can step up and advise them to prevent any such crash. Absolutely no government will ever take a precautionary action in such a manner. Government only responds to event – does not prevent them.

1998-sp500-july-20

There is absolutely nobody who can save the markets or economy in the middle of a crash – NOBODY! First of all, it was a contagion that began in Russia and because they could not sell Russian assets, they sold every other market to raise cash. So I fail to see how any person or any single country could stop a crash that is a global contagion.

Yes, in 1985 they call upon several analysts to pretend they listened but nobody directed them to create the G5. I wrote to President Reagan back then detailing why the G5 would increase volatility and fail. If you want to call me a Presidential Adviser, I think that is a stretch. If you presume you give advise which is then acted upon, there is nobody who can claim to be a Presidential Adviser to prevent anything. Sure I get calls in the midst of a crash, but there is nothing anyone can do to stop a meltdown. They are short-lived and have to play out.

I wrote to Robert Rubin warning about his jawboning the dollar would crate the same crisis as the 1987 Crash. Tim Geithner quickly responded saying they weren’t doing that. The 1997 Currency Crash came within weeks.

Sorry, I do not believe anyone can prevent anything or save the economy in the middle of crash

Dominoes – Key to Economic Survival


Dominos

QUESTION: Marty; Will you be going over the type of monetary reform you see coming and how to position oneself for this and when it should arrive? What do you think about the SDR proposed by some replacing the dollar? Any response as to why you always seem to be right?

Thanks

See you in Hong Kong

ANSWER: I had originally proposed the SDR system to replace the dollar back in 1985 as an alternative to G5 (now G20). (see letter to Reagan). You will also see that reply from the White House rejecting that idea. Today, the IMF has become so corrupt, I would no longer support such a system.

Nevertheless, the world economy is going to explode. Politicians are clueless today far worse than ever before. I could have had intelligent conversations 30+ years ago. Today, they are mostly lawyers and rarely do you encounter anyone with common sense.

Yes we will be going over this at the Hong Kong WEC in addition to markets and how to see this coming as well as the timing. Everything is falling in place and it certainly looks as if we will get the hard landing in Europe after 2017 concludes this year from Political Hell. Beware, the stock market is not in crash mode despite what all these perpetual bears proclaim.

Domino Government Intervention

I have been asked many times, how is it possible to be right on so many markets?  It is easy. I keep telling everyone that everything is connected. So, if you can get the first domino correct, you will get all the others correct as well.

Mistakes come in forecasting when you try to forecast a single market ignoring the rest of the world. The wildcard always comes from the outside and you will be unprepared.

Government intervention has ALWAYS failed. It has NEVER succeeded even one time to change the long-term outcome. They stick their hand into the dominoes and think they can stop that one thing because they too do not comprehend how everything is connected. It is not a question of guessing correctly. That is what these WEC events are all about. If you walk away with the understanding how everything is connected, then you can have the confidence to act only if you understand the sequence. When we forecast that the stock market would rally to new record highs, most thought I was crazy. Barron’s reported the forecast tongue in cheek.

Dominoes-1Just look at how everything aligned. Gold peaked showing that the fear in the collapse of banking subsided as was the case with government. The peak in the Euro lined up with the bottom in the Dow as deflation prevailed. If the trend would reverse, then all three markets had to perform like dominoes.

This sequence is still in motion. My objective in these WEC events is to teach you how to see it, and that inspires confidence, which in turn means you will be able to survive it.

Connected-Gold-Dow-Euro

Report: Secretary T-Rex Begins Reducing State Dept. Bureaucrats…


A report from Bloomberg highlights the anxiety within the professional state department apparatus as Secretary Tillerson begins substantive cuts in the number of pontificating elitist bureaucrats.  It’s amazing how the ankle-biters never seem to recognize these consequential shifts in policy and approach toward dismantling the bureaucracy.

The State Department is the cornerstone of Deep State operations. It is a massively bloated institution filled with some of the most entrenched political globalists and ideologues.

(Via Bloomberg) The State Department plans to cut 2,300 U.S. diplomats and civil servants — about 9 percent of the Americans in its workforce worldwide — as Secretary of State Rex Tillerson presses ahead with his task of slashing the agency’s budget, according to people familiar with the matter.

The majority of the job cuts, about 1,700, will come through attrition, while the remaining 600 will be done via buyouts, according to the people, who asked not to be identified because the decision hasn’t been publicly announced. William Inglee, a former Lockheed Martin Corp. official and policy adviser in Congress, is overseeing the budget cuts and briefed senior managers on the plan Wednesday, the people said.

The personnel cuts, which may be phased in over two years, represent the most concrete step taken by Tillerson as he seeks to reverse the expansion the department saw under former President Barack Obama’s administration and meet President Donald Trump’s demand — outlined in an executive order signed last month — to cut spending across federal agencies. A draft budget outline released in March for the year that begins Oct. 1 seeks a 28.5 percent reduction in State Department spending from fiscal 2016.  (read more)

He is moving “forward” at speeds Obama could not even dream of.

You and I will be anti-Trump trolls one day and MAGA heroes the next. Get used to it. Trump speed is the new normal. Some will call it flip-flopping, but that’s not what it is. Trump is dodging and weaving through reality faster than the reality can react to disrupt his plans.

I was explaining this to my wife. This is a roller-coaster now. Trump is no longer waiting for people to keep up. He is taking his bewildering art-of-the-deal campaign schtick into geopolitics, and for a lot of people who can’t keep up or hold on, it will be a rough ride.

Trump is no longer playing only with evil and cunning players who are still predictable, easily beatable dopes, like Hillary. He is playing against killers, with his own team of killers, and all the while he has scheming creeps like Hillary, BGI, SPLC, and the neocons gunning for him. Snake Ryan ready to bite when nobody is looking. “Warhead” McCain screaming for Russian blood. Psycho Kim and Samoa Obama plotting some kind of intrigue to take him down. And THOSE are the lightweights.

This is the majors now. Trump has to outwit world-class adversaries and “frenemies” by defining the deals that they will agree to. One minute they will think Trump is their friend – the next minute, a cunning, bitter foe.

And he has to do this with evil cheerleaders like Warhead, Linderace, Dipsy Dowd, Maggie Haterman, and Fake Yapper trashing him or praising him alternately, no matter which way he goes. They can’t keep up, either.

Neither can many around him. I think that half of the problem with advisers crashing into each other is they don’t realize what Trump is doing.

And people will trash you, and they will trash me. Get used to it. I’ve already caught plenty of people mocking me. Well, just wait a week in Trump time. Look stupid and conned by Trump one minute, and you look like a sage three days later.

Trump will not find perfect solutions. He will find OPTIMAL solutions. We cannot ask for more. Trump has stood by and watched Perfect murder Good for 8 years – maybe longer. He’s not gonna do it. He’s going to deliver the best outcome possible, and he’s not waiting for us to feel relaxed about it.

Best presidency ever! Just hang on. More winning is coming, but a lot of people are going to scream that it’s all over at EVERY turn.

The best way through this is to define viewpoints, not people, because people will shift as they change position and velocity in Trump gravity. Bash the neocon, warmonger, and dopey globalist positions – not the people who are going to hold them one moment and come loose from them later.

Trump is Jupiter moving through the asteroid belt. He is going to pull people into his orbit. A few will get slung off into space, but most will come along for the ride of their lives.

I am ON the Trump Train for good, even if I scream that I want off and can’t take it.

In the end, I only want to scream “TOO MUCH WINNING!!!”  (link)

….”And we will win, and you will win, and we will keep on winning… Believe me. And we will win so much, you will get tired of winning; and you will say: please Mr. Trump, we can’t take all of this winning… And I will say to you, NO. …We will win more, and we will keep winning,.. and we will win, and we will keep on winning…. I love you”…

~ President Donald Trump

Trump’s Tax Survey – Already Predetermined


TAXES-TEXT

  1. In order to achieve the American Dream, Americans must be able to keep more money in their pockets and increase after-tax wages.
  2. We must work to simplify the tax code by reducing the number of income brackets.
  3. Income Taxes are no longer necessary when money is not tangible. See solution on YouTube
    We must discourage corporate inversions in order to grow the American economy.
  4. We must make America a globally competitive nation again.
  5. Our plan must be fiscally responsible in order to not add to our already staggering debt.
  6. We must eliminate the death tax.
  7. We must reduce or eliminate deductions and loopholes that only benefit the very rich.
  8. Simplifying the tax code and cutting every American’s taxes will boost consumer spending while encouraging savings and investment.
  9. We must cut the corporate tax rate and allow the United States to compete internationally.
  10. Corporations must no longer be able to defer taxes on income earned abroad.
  11. Our lower tax rate must also apply to small business, allowing entrepreneurs and freelancers to grow and prosper.
  12. Our lower tax rates will provide a tremendous stimulus for the economy, significant GDP growth, and a huge number of new jobs.
  13. Our tax code overhaul must return power to the states.
  14. We must eliminate the marriage penalty and the Alternative Minimum Tax.
  15. We must allow working parents to deduct childcare expenses for up to four children and elderly dependents.
  16. We must reduce or eliminate the capital gains tax.
  17. We must have import tariffs from other countries at the same rates as those countries that impose on U.S. products.
  18. We must change the border-adjustment tax so companies can no longer deduct imports as costs.
  19. We must pass tax reform legislation in order to ‘Make America Great Again!’

Kim Jong-un The Kid Whose Father Never Spanked – Why 2017 Is The Crisis Year For Korea


Kim Jong Un

QUESTION: Kim Jong-un is clearly a mad-kid, not even a man. You have said the danger with him is he thinks he could actually win against the United States and South Korea. Now Trump want’s South Korea to pay $1 billion for a missile defense system. That does not seem to be a lot of money these days. Would it have any impact on this kid who seems to have never been spanked?

Thanks

YG

ANSWER: I agree. Kim Jong-un is just insane. He is far more dangerous than Syria or Putin. You have to understand 2017 is the start of an increased volatility with Korea – 72 years from the birth of North Korea. Kim Jong-un is very desperate to maintain control of his country for the economic internally are going against him all the way into 2020. The only way for him to maintain his rule right now is by relying on his development of nuclear weapons and intercontinental ballistic missiles. But this is the external paranoia. The danger he faces is internal.

It really depends upon the second-tier of command. If we move to a state of war being eminent, will someone step up and assassinate him to save their country? At least as they tried with Hitler. However, it is the wave of deflation that is even hitting China that become a contagion spreading to North Korea. That economy is contracting and with that contraction comes more rhetoric because he is losing his grip on power. He is not doing this boasting from a position of strength. This is a position of weakness.

Missile defense systems are fine, but honestly just one Ohio-class submarine will do the job. We have the ultimate doomsday weapon already. Kim Jong-un perhaps should do some research. But the boasts are coming from weakness – not strength. One does not boast in a position on strength. You do that to convince the other party you are stronger than you are.

The Ohio-class submarines are armed with twenty-four Trident II D5 ballistic missiles. These weapons have a range of 7,000 miles and are capable of very accurate strikes, which means they can be a first-strike weapon. These twenty-four Trident II ballistic missiles can be fired from underwater. As this missile reenters the atmosphere at speeds of up to Mach 24, it then splits into up to eight independent reentry vehicles each with a separate nuclear warhead. In other words, firing off all 24 missiles which can be launched in less than one minute, would unleash up to 192 nuclear warheads. Just one Ohio-class sub can wipe out  twenty-four cities and North Korea is gone. This is a real weapon of the apocalypse.

The whole logic of nuclear deterrence has been that a first strike could wipe out a country’s land-based missiles and nuclear bombers. This sub has missiles that are not pretargeted so they can be targeted within minutes as needed. Therefore, the Ohio-class subs are the ultimate doomsday machine firing a battery of ballistic-missiles that can take out 24 targets in minutes. There is no stopping these missiles. They are too fast to track. The deterrent remains that there is no victory so we do not go to nuclear war.

Anyone with any sense of reality, ought to know that if North Korea can make its intercontinental missile so it can hit the USA, there is no possible way North Korea would be able to prevent a launch from just one Ohio-class sub. This is a deterrent to Russia and China, it does not seem to be effective with North Korea. So yes, he is a madman who acts like a spoiled kid in need of a spanking. His latest statement:

“Should the US imperialists and the south Korean puppet forces open even a single fire into the inviolable territorial land, waters and air of the DPRK, its revolutionary armed forces will promptly mount annihilating strike and wipe out the aggressors to the last man.”

Kim Jong-un is clearly incapable of building an economy. He prefers to starve his people and be draconian to hold on to power for personal ego. Traditionally, throughout history, such people are overthrown by their own generals. When there is the slightest sign of weakness, Kim Jong-un will be assassinated, which is what history suggests for the reason it repeats is simply that the passions of man never change. It’s always the same play, just change the names and the century.

When Korea was split in 1945 into communist North against the South, the terrain has always dictated the situation. About 65% of Korea’s heavy industry was located in the north, but, due to the harshness of the terrain, only 37% of its agriculture existed in the North. This is why the North often has bouts with famine.

ECM-Dynamic

I have warned that the Economic Confidence Model has three distinct components. There is the main wave frequency based upon Pi of 8.6 years which builds into 6 waves forming the major wave of 51.6 years which seems to be the generational shifting wave that manifests in political changes between public and private trends.

Then there is the volatility wave component. This is what causes one 8.6 year wave to be more pronounce than another. The volatility component has a frequency of 6 years which is a slower moving wave taking 12 unit waves to build into the ultimate volatility peaks.

The Schema Frequency I do not reveal. To put this in context, it is the DNA wave of a coded pattern throughout time. This will be the last thing I ever reveal if I decide to do so. The jury is still out.

On August 8th, 1945 (1945.602), the Soviet Union declared war on Japan. Soviet troops advanced and the US government feared Russia would occupy the whole of Korea. On August 10th, the US government proposed the 38th parallel division.

Therefore, the 72 year of volatility comes now this summer – 2017.602. The 51.6 year cycle from 1945 (1997.202) marked the start with the 1997 Asian Currency Crisis. Then the next 8.6 year wave marked the turning up in the war cycle – 2014.402. Kim Jong-un became the Supreme Leader on December 28th, 2011 (2011.991). North Korea says it has conducted five successful nuclear tests: in 2006, 2009, 2013 and in January and September 2016. The 2006, 2009 and 2013 tests were all atomic bomb tests. North Korea claimed that its January 2016 test was of a hydrogen bomb. There was a change in development since Kim Jong-un came to power. He may have medium-range missiles capable of striking American military bases in the Pacific within a couple years, experts say, but he is claiming he will be able to strike the USA directly. Some believe Pyongyang may be able to hit the western U.S. as early as 2020. With this guy, Hollywood would probably be a symbolic target for him. He does not think beyond symbols like the World Trade Center was not a military or economic target, it was symbolic.

 

A Peace Summit Sullied


By Tabitha Korol
Arab leaders met in Egypt for the Arab League Summit ostensibly to start a peace process with Israel, the same peace process that the Arabs have, without exception, always declined in the past.  This time, they hope that our new President Trump will support a two-state solution, one that would give Israel a contiguous border with her avowed, homicidal enemy. They also expect to negate Trump’s campaign promise to move America’s embassy to Israel’s capital, Jerusalem, in keeping with the construct of violence that the Mohammedans have scorched into the history of every vanquished territory.

Arab recognition of Israel’s right to exist was part of the 1948 peace plan, yet this is what the Arabs sidestep.  They want a Palestinian state not alongside, but in place of, Israel. Since the Arabs lost their aggressive war of June 1967 against Israel, they have sought to obtain the territory by other means – if not through warfare then through demographic jihad – the overwhelming of the small Jewish State by those who fled in 1948 together with their progeny, a total of 4.3 million.  What do they promise in return?  Nothing.  Not to stop the riots, violence, intifadas.  Not to stop teaching hate in their schools.  Not to strive for real peace with their neighbor state, Israel. Ever.

Meanwhile, an Islamic State (IS) jihadist, Abu Baker Almaqdesi, revealed their “big operation” to encircle Israel’s borders, and attack and expel the Jews from “occupied Palestine.” Concurrently, the Jerusalem Post reported that UNESCO is considering a resolution that will contest Israel’s sovereignty over western Jerusalem, home to all of Israel’s governing bodies.

Washington Post reporter and Cairo bureau chief Sudarsan Raghavan wrote about the Arab League Summit on March 29, in his article, “In a message to Trump, Arab leaders renew calls for a Palestinian state,” but strategically omitted crucial information!  He said that the Arab League called for fresh peace talks with reconciliation if Israel returns the “Arab lands it has occupied,” but the premise is completely fallacious.  The territories to which he refers, the West Bank (Judea and Samaria) and eastern Jerusalem are not “Arab lands” or Palestinian lands, but lands in dispute by both parties because the Palestinians are challenging the internationally accepted rule that the aggressor has no lawful claim to land.  Raghavan has not the authority to exchange the designations of ‘disputed territories’ for ‘occupied Arab lands.”  Repeating the assertion does not bestow validity.

The United Nations defines an act of aggression as being in contravention of the UN Charter, ruling that a war of aggression is always wrong.  Further, the UN states that territorial acquisition or special advantage resulting from aggression is always unlawful.

The Jews have maintained ties to their historic homeland for more than 3,700 years; if not for foreign conquerors, an independent Jewish state would, today, be 3,000 years old.  Even after Jewish exile, small Jewish communities remained for 2,000 years, and in the early 20th century, returning Jews developed the land from a largely uninhabited wasteland with malarial swamps into a thriving, dynamic, productive society, recognized by legal documents.  Only then did the Arabs begin to show an interest in the land.  There has never been an independent Palestinian state; the allegations are yet another warfare strategy.

By design, Raghayan does not clarify that Israel’s control of these disputed areas came from fighting and winning a defensive war; the Arabs were the aggressors. For example, after Germany’s defeat in World War I, the Treaty of Versailles placed punitive conditions on Germany, with significant financial reparations, loss of territory, humiliation and war guilt, yet the Arabs, despite their aggression and loss, are permitted to demand territory!  Further, had Jordan not joined the war, it would not have lost the West Bank or eastern Jerusalem – over which it reigned for a mere 19 years. As the victorious defenders, Israel has no obligation to withdraw to the 1967 borders, to negotiate and offer compromises, particularly as the Palestinians continue their terrorist attacks against innocent Israeli citizens.
Jordan’s King Abdullah has repeatedly blamed the region’s instability on the Palestinian cause, yet history confirms that the Middle East has, to this day, suffered from 7th century backwardness, ignorance, countless civil wars, sharia law’s brutality, and the rise of ISIS, none of which are related to Israel.  The King’s focus on the Palestinian issue in the midst of so much internal strife in Syria, Iraq, Libya and Yemen, is undoubtedly calculated to give the White House a false impression of Arab unity and agreement.

Raghavan’s article suggests that Israel is inflexible, but Israel offered the Palestinians a contiguous state, withdrawal from 95% of the West Bank and 100% of Gaza, and to dismantle more than 100 of her own communities.  Israel had also offered religious sovereignty over the Temple Mount and a right of refugee return with reparations, yet the Arabs rejected negotiations in 2000, 2001, and 2008.  Neither does the bureau chief address Israel’s very legitimate security concerns.

If Israel were to cede the Golan Heights, it would give ISIS the elevation advantage to shell Israeli citizens below and attack Tel Aviv and Israel’s major airport with impunity.  In the past, Israeli children had been forced to sleep in bomb shelters.  The Palestinian Authority was supposed to renounce terror and prohibit lethal weapons and violence on Israel, yet they give access to shiploads of explosives to arm the P.L.O. and Hamas, and continue their classes and summer camps, where they indoctrinate the Palestinian public and children to seek martyrdom by killing Israelis.  Their teachings violate the letter and spirit of the peace agreements.  They continue to be deadly partners for peace.

Meanwhile, President Trump’s campaign promise of relocating the US Embassy from Tel Aviv to Jerusalem is on hold.  As with all ideas repugnant to Islam, the proposal is countered with threats of anger and violence.  The Koran contains at least 109 versus that call Muslims to war for the sake of Islamic rule.  Mohammed’s own martial legacy against all of “Infideldom” and the Koran’s stress of violence continue their trail of misery and death across 14 centuries of world history.

UN Secretary General Antonio Guterres said a two-state solution was the “only path to ensure [that] Palestinians and Israelis can realize their national aspirations and live in peace, security and dignity.”   Regrettably, he has no concept of their true national aspiration.  If we learned anything from Islamic history, it is that a partial conquest today means another claim for tomorrow, until Israel is dedicated to Allah.  Because despite the Arab infighting, all factions of Islam agree on one thing – that Israel – and the West – have no right to exist.

 

Vice President Pence Swearing-In Ceremony For Secretary of Labor Alex Acosta…


Earlier today Vice President Mike Pence participated in the final presidential commission ceremony for a cabinet member of the President Trump cabinet, Labor Secretary Alex Acosta.

.

The Senate finally voted 60-38 yesterday to confirm Alex Acosta to the post. Acosta accepts the presidential commission and becomes the 27th labor secretary. The son of Cuban immigrants will lead a sprawling agency that enforces more than 180 federal laws covering about 10 million employers and 125 million workers.

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The Dow Jones for the Close of April 2017


DJIND-W 4-28-2017

QUESTION:  Mr.Armstong in the past you talked of a down trun in the market in May.Since Trums TAX you have gave the impression everything is ok till 2018 is that correct?

THANK YOU

SM

ANSWER: There has not appeared to be a condition where one would warn of a crash in the stock market. The decline into May has been more of a sideways consolidation. The high remains the week of February 27th, 2017 at the 21169.11 level. In cycle analysis, what you look at is the direction. That forecast would have been wrong if the market made new highs above that of the week of 02/27/17. Moving sideways is still a cycle low rather than a high. The key point was the 20,000 level on the Dow. I have stated that a serious correction would only happen with a weekly closing beneath that level.

Today, a Weekly Bullish stands at 20970. We are currently trading at 20954. A close above that level will warn this is starting to firm up. You can see our Energy Models have been declining rather than rising. This has indicated the consolidation and it warns we are not at the precipitous from which a major crash is likely.

On the monthly level, here too we see 20975 as the important resistance and 202881 as the support for the close today. Everything is showing this 20770-20975 level as critical. The failure to exceed that level for the close today warns that the consolidation is not yet complete. Last month’s low was 20412.80. A closing below that would be technically bearish and confirm a drop into May.

We will lay out the longer term in a more detailed published report.