Monthly Archives: May 2018

May 21 2018

President Trump Participates in Swearing-in Ceremony For CIA Director Gina Haspel


Re-Posted from The Conservative Tree House on May 21, 2018 by
Washington, D.C. – 10:51 A.M. EDT – THE PRESIDENT: Well, thank you very much. And good morning. I want to thank all of you and our distinguished guests for joining us today for a ceremony like few will ever have again — this is a very special one — including Vice President Pence, Secretary Pompeo, Secretary Mnuchin, Secretary Chao, Secretary Perry, Secretary Nielsen, Director Coats, and my nominee for the VA Secretary, who will do a fantastic job, Robert Wilkie. Thank you very much.

I want to give a special thank-you for being here to Chairman and Senator Richard Burr. Thank you very much, Richard. And a very courageous man — he’s courageous — Congressman Devin Nunes. Thank you very much, Devin, for being here. Appreciate it.

Most especially, I want to thank you, the dedicated men and women of the Central Intelligence Agency. It is a true honor to stand here today before the most elite intelligence professionals on the planet Earth. Nobody even close.

You face down our enemies. You protect our families. You stand and watch over our great nation. You don’t do it for fame or fortune or glory. You do it for your country. America is forever grateful. Thank you very much.

We’re here today for the swearing-in of a very special person, your new CIA Director, someone who has served this agency with extraordinary skill and devotion for 30 years — Gina Haspel.

Gina, congratulations. There is no one in this country better qualified for this extraordinary office than you. By the way, if you don’t agree with that, please let me know now before it’s too late, okay? (Laughter.) Immediately. Have to do it quickly.

You live in the CIA, you live the CIA, you breathe the CIA. And now you will lead the CIA. Congratulations. (Applause.)

Okay, that mean we’re keeping her, right? (Laughter.) That was — that’s what we were waiting for. They love you. They respect you. They respect you, too.

A native of Ashland, Kentucky, Gina’s father served in the U.S. Air Force. She spent much of her childhood overseas. From a young age, she was instilled with a deep love of our country, which, combined with a thirst for adventure — that led her to the CIA.

Throughout her storied career at this agency, Gina has truly done it all. She’s completed seven field tours, served as a case officer, recruited assets, run stations, captured terrorists, and disrupted networks that proliferate deadly weapons. They send those weapons all over, and you catch them. You’re going to get even better now — better than ever before. You’re the best. You’re going to be better than ever before, and we’re getting you the resources to do it.

Our enemies will take note: Gina is tough. She is strong. And when it comes to defending America, Gina will never, ever back down. I know her. I spent a lot of time with Gina.

Gina played a crucial role in our fight against al Qaeda. Her first day in the job at the CIA’s Counterterrorism Center was September 11th, 2001. And she tirelessly hunted terrorists for the next three years. She went on to become Deputy Director of the National Clandestine Service, and most recently Deputy Director of the CIA.

During her decades of distinguished service, Gina has earned the George H.W. Bush Award for Excellence in Counterterrorism, and the Intelligence Medal of Merit. Most importantly, she has earned the universal respect, admiration, and trust of her colleagues here at the CIA, throughout the government, and all over the world. Gina is truly respected.

And today we also mark another proud milestone, as Gina becomes the first woman ever to lead the CIA. (Applause.) That’s big. That’s big. That’s big.

Now Gina will lead this agency into its next great chapter. Gina assumes the role of Director at a crucial moment in our history. We are reasserting American strength and American confidence. And, by the way, America is respected again. You see that.

Instead of apologizing for our nation, we are standing up for our nation, and we are standing up for the men and women who protect our nation. We will be counting on you to confront a wide array of threats we face, and to help usher in a new era of prosperity and of peace.

Since the CIA’s founding more than 70 years ago, its courageous operatives have combined ancient craft with modern marvels to achieve unsung victories in every corner of the globe. I see what you do, I understand what you do. And it’s incredible.

Marked on the hallowed walls of this building are the stars honoring the CIA’s fallen heroes who gave their last breath for our nation. Though many of their names remain secret, their stories of service and sacrifice and daring will live for all time.

Today, we think of them and we honor them by pledging that the patriots of the CIA will have the tools, the resources, and the support they need to accomplish their incredible, complicated, and oftentimes very dangerous mission. The exceptional men and women of this agency deserve exceptional leadership. And in Gina Haspel, that is exactly what you’re getting.

Director Haspel, congratulations again. I know that you will thrive as the Agency’s Director and help keep our nation safe, and strong, and proud, and free.

Good luck. God bless you. And God bless the men and women of the CIA. And God bless America.

And I just want to thank everybody in this room for doing such an incredible job, and for giving Gina that unbelievable support that she needed. It took courage for her to say “yes” in the face of a lot of very negative politics and what was supposed to be a negative vote. But I’ll tell you, when you testified before the committee, it was over. There was not much they could say. There was nobody more qualified than you. And you are going to do a fantastic job, Gina. Thank you very much. Thank you, Gina. (Applause.)

So with that, I’d like to ask our great Vice President to administer the oath of office. Thank you all very much. Thank you. (Applause.)

The Oath of Office is administered.)

THE VICE PRESIDENT: Congratulations. (Applause.)

DIRECTOR HASPEL: Good morning, everyone. And thank you, Mr. Vice President, for administering the Oath. Let me begin by thanking President Trump for joining us today and for offering those kind words. Mr. President, it means a great deal to me and to the agency that you made time to come out to Langley for this ceremony.

THE PRESIDENT: Thank you. Thank you. (Applause.)

DIRECTOR HASPEL: You have placed enormous trust in CIA throughout your presidency. And the men and women of CIA do not take that for granted. So thank you, Mr. President, for your confidence in me and your steadfast support of our mission and our people.

I am truly honored to have this opportunity to lead the best workforce in government. It has been nearly 50 years since an operations officer rose up through the ranks to become the Director. And after the experience of the last two months, I think I know why that is. (Laughter.)

I look out in the crowd today and I see a strong representation of the CIA’s past, present, and possibly even the future. I am looking at two young ladies, special guests, who join us today. CIA has been more than a career. It has been, for me — like many of you — a calling.

In this building and around the world today, there are officers carrying out a vital mission, sometimes at great personal risk. I want each of you to know that I took on the position of director because I want to represent you, as well as lead you.

My years at CIA have rewarded me in ways that I could never have imagined, and I will continue to give it and you my all. There are countless role models and mentors who have paved the way for me to stand here today. As the Director, I want the current CIA leadership team to be role models and mentors for our next generation of officers who will walk the streets of far-flung capitals and work the late nights here at headquarters and abroad.

For me, being Director is about doing right by all of you so that you have the tools and support needed to carry out our sacred mission.

Every CIA officer has taken the same oath that I just did to support and defend the Constitution against all enemies. And today I recommit that I will do everything in my power to justify the faith that President Trump and the American people have placed in us, and to make sure that CIA continues to provide the intelligence needed to keep our country safe.

I would be remiss if I did not also note the tremendous pride I take in being the first woman to serve as Director. I would not be standing before you today if not for the remarkable courage and dedication displayed by generations of OSS and Agency women in roles both large and small, who challenged stereotypes, broke down barriers, and opened doors for the rest of us.

I am deeply indebted to them, and I’m extremely proud to follow in their footsteps and to carry on their extraordinary legacy. I stand on the shoulders of heroines who never sought public acclaim but served as inspirations to the generations that came after them.

I also want express a special thank-you and welcome to Eliza and Zoe, who have joined us today. The notes from these two young ladies, ages six and seven, sent to me sat on my desk these last two months and motivated me daily. In their own words and pictures, they expressed their excitement about the opportunity my nomination represented. And to Eliza and Zoe, I would simply say, we did it. (Applause.)

Lastly, allow me just a moment to talk about the future of this agency. A little over a year ago, Secretary Pompeo first spoke to me about becoming the Deputy Director. At that time, he said, “CIA is the world’s preeminent intelligence service, and I want to make sure we position it to stay that way.” Mike was right; we are the best. And our challenge is to always be the best.

We cannot rest on our laurels. We must learn from the past, but we cannot dwell in the past. We must constantly learn, adjust, improve, and strive to be better. We demanded of ourselves, and America deserves nothing less.

That includes boosting our foreign language proficiency, strengthening our partnerships overseas and here at home, and deploying more of our officers to the foreign field. We are a foreign intelligence service, and our workforce and our priorities need to reflect that.

We also need greater focus and effort on the strategic threats our nation faces, as well as the persistent threat from global terrorism. As always, the key to our success against these challenges will be empowering the incredible talent that resides within CIA.

The men and women who serve here are a national treasure — from the operations officers who collect our intelligence, to the analysts who contextualize and evaluate it for senior policy makers, to the support officers who enable every aspect of our mission, to the scientists, engineers, and cyber specialists who give us a decisive edge over our adversaries.

The only way to confront these threats is to forge ahead with determination and with the same expeditionary spirit that has defined our agency since its founding more than 70 years ago. I am profoundly honored to lead you in that fight and to work alongside each one of you as we advance our vital mission.

So, Mr. President, thank you again for giving me the opportunity to serve, to represent the men and women of CIA, and to carry out the critical work of helping protect our country, our people, and our way of life. Thank you very much. (Applause.)

END

May 21 2018

Former CIA Director John Brennan Quotes Cicero While DOJ Expands IG FISA Abuse Investigation…


Re-Posted from The Conservative Tree House on May 20, 2018 by

[Read To End] Former CIA Director John Brennan took to twitter today in response to President Trump’s notification of a formal intent to request DOJ review of politicization of the United States intelligence apparatus:

Brennan Tweet Link – Hi John !

Interesting choice and timing… then again, not unexpected:

“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself.”

“For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear.”  ~ Marcus Tullius Cicero

(click image to enlarge)

You see, we’ve been in this battle for quite some time…. POTUS just expanded the war.

In response to President Trump’s zippo ignition:

….The DOJ releases the following statement:

Notice how the DOJ statement is worded.  The Third Phase of the IG investigation, the FISA abuse investigation, is now expanded to include “whether the FBI held a political motive in the counterintelligence investigation.”

This is the origination letter from the IG regarding the Phase Three investigation:

A few key points to remember against the backdrop of: “whether the FBI held a political motive in the counterintelligence investigation.”

First, both DOJ Deputy (National Security Division) Bruce Ohr, and FBI Agent Peter Strzok are still under the employ of the DOJ and FBI respectively.

Each of these outlined people, Bruce and Peter, would have direct first-hand knowledge as to the answer of the motivations behind the FBI counterintelligence operation; and the use of the FISA court to seek surveillance authority therein.

This is key to understanding the forward aspects of an internal criminal investigation, against the backdrop that the original intent of the IG review (Clinton email investigation) is complete.  Bruce Ohr and Peter Strzok were removed at least seven months ago from any official DOJ and FBI duty.  Yet, against the backdrop of INSD and IG investigations they both remain in employment limbo.  That doesn’t happen accidentally.

There is a purposeful reasoning for retention of two clearly outlined figures central to the OIG and INSD review.  Both Ohr and Strzok are entwined in the larger -likely corrupt- intelligence aspects of “Crossfire Hurricane”.  What I mean to say is they have specific knowledge valuable to IG Horowitz, the FBI Inspection Division, and any ongoing criminal investigation of U.S. Attorney John Huber.

Secondly, it is important to remember there is a massive amount of evidence within the Lisa Page and Peter Strzok text messages that has been intentionally redacted.  As previously outlined it is likely U.S. Attorney John Huber was the person doing the redactions; and it should be noted that curiously no-one in the committees that matter (Nunes, Goodlatte, Grassley)  have ever asked for those text message redactions to be removed.

The text message redactions are likely due to Huber’s desire to preserve the integrity of his criminal evidence, while still complying with congressional oversight demands.  This is where the oft forgotten John Lausch comes into play.

The usurping ‘black hats’, those remaining inside the apparatus as well as those who exited in/around the message releases, have no idea what is behind the redactions in those text messages.   Those redactions are there for a reason; and I would again draw attention to the origination of the message material in December 2017.  At the time of their release no-one was asking for them…. The release of the messages was purposeful.

Lastly, it should be noted the exit of DOJ/FBI lawyer Lisa Page and former FBI chief legal counsel James Baker, happened two weeks prior to the release of the IG review outline on the Clinton investigation.   Obviously, Page and Baker had exhausted their usefulness; and transparently obvious by the immediate employment alignment with James Baker, there was no legal immunity deal for prior cooperation. [Baker went to work for Benjamin Wittes, a 2016 guiding hand in the DOJ usurpation and friend of James Comey]

What also appears obvious is that Page and Baker could only take the investigative inquiry as high in the food chain as FBI Director Comey and Asst. FBI Director McCabe.  However, FBI Agent Peter Strzok was the lead point of contact for John Brennan in the creation of the Intelligence Community Assessment (ICA).  It was noted that Strzok actually did much of the ICA authorship from the perspective of the FBI; therefore Strzok’s work reaches deep into the motives of Brennan.

Similarly, on the DOJ-NSD side – Bruce Ohr remains under control.  Like Strzok, Mr. Ohr possesses key knowledge related to the National Security Division of the DOJ and the interactions with Christopher Steele and more importantly Fusion-GPS.  Again, it is not coincidental that Ohr was demoted twice, yet his overall employment never terminated.

Bruce Ohr can connect the motives of John P Carlin (former NSD head), along with Mary McCord (she replaced Carlin October 2016), Sally Yates – who ran the big overall picture of the DOJ-NSD and protected the NSD from inspector general oversight; as well as Loretta Lynch.  During the 2015 and 2016 activities of the DOJ-NSD Bruce Ohr was the #4 person in the Main Justice hierarchy [1. Lynch, 2. Yates, 3.Carlin/McCord, then 4. Ohr].

The statement today from Rod Rosenstein:

“If anyone did infiltrate or surveil participants in a presidential campaign for inappropriate purposes, we need to know about it and take appropriate action.”

This should be viewed with all of the aforementioned facts as the foundation.  There is a ton of investigative evidence unknown to the media and anyone outside of the work of both Michael Horowitz and John Huber.

The media has spent a year polishing the pedestal of Rod Rosenstein.  It would be almost impossible, at least stunningly transparent in the hypocrisy therein, for them to attempt to tear down his credibility now.

Executive Branch leadership received the IG Draft Report on DOJ and FBI conduct surrounding the Clinton investigation last Thursday.  Given the sensitivity of the issues involved, there is no doubt the President would be briefed on those findings most likely by Don McGahn (WH Counsel) and Chief-of-Staff John Kelly.

PS. If you think POTUS wrote the specific language in the tweets earlier today, I have a great deal on some South Florida real estate for ya…

May 21 2018

Did Obama Use the FBI the Same as Nixon Used His Own People to Spy on Opposition?


Armstrong Economics Blog/Corruption

Re-Posted May 21, 2018 by Martin Armstrong

 

While Robert Mueller was not in charge of the FBI after 2013, the new revelations that the FBI was spying on members in the Trump Campaign are very alarming. This is revealing just how deep the FBI has been trying to overthrow Trump. The integrity of the entire Justice Department is really called into question. Where Nixon’s staff went into Watergate, Nixon never directed them but got caught up in trying to cover up the event. Here we have the FBI doing what the Watergate operatives did directly. This is the ultimate abuse of power.

The FBI had a plant inside the Trump organization named Stefan Halper, whose job it was to keep the FBI informed on what Trump was up to. Halper met directly with Trump’s campaign advisers Carter Page and George Papadopoulos beginning back during the summer of 2016. Just what else will surface who knows. But it is becoming abundantly clear that the Deep State has an agenda to overthrow Trump.

The question nobody is asking is WHO would ever want to become president after the treatment Trump has received from the Deep State, which seems to include CNN and the Washington Post if not the New York Times? Bill Clinton had sex with a worker in the White House. Trump had sex with a porn star years before. The White House was said to be a revolving door for Clinton and JFK’s women. Do such personal adventures warrant qualification or disqualification to be president?

The type of personal scrutiny you are attacked on by becoming president seems to me that only a hand-picked candidate by the Deep State would survive for CNN, Washington Post, and the New York Times would all toe the line. This may very well be one fundamental reason contributing to why our model is calling for the shift in the Financial Capital of the World to China.

Every Republic dies in corruption and Democracies have been corrupted by promising the people they will rob the rich to give them the riches. Republics and Democracies continue to exist until the corruption is so blatant it is no longer even hidden as the rulers become drunk with power and act out of arrogance. The voters become complacent for they are being bribed to remain silent with the old scheme plenty of food and circuses. Once the majority of the people are bribed and the rich have been exhausted or flee, then the benefits from the public treasury decline and taxes rise to try to sustain the bureaucracy focused on the very people who were once bribed. Margaret Thatch put it best: Socialism works until you run out of other people’s money. Then the end is near for Republics and Democracies die by their own hand with the dagger wielded by corruption. Brutus kill Caesar because he was a member of the Oligarchy and Caesar was a member of the Populists defending the people. The Republic died with Caesar because the corrupt burst forth for everyone to see.

Our Cycle of Political Change comes around every 224 years. Even empires that have survived longer, still go through upheavals and reforms. History is delineated by an endless list of tax rebellions. The American and French Revolutions began as tax rebellions. This is the state of affairs and we have reached that crossroads where the arrogance of the officialdom is being exposed. The question is – what can no possibly come after Trump but a hand-picked candidate of the Deep State.

May 21 2018

Have Cryptocurrencies Become a Religion?


Armstrong Economics Blog/Cryptocurrency

Re-Posted May 20, 2018 by Martin Armstrong

 

QUESTION: I had a discussion with a former goldbug who is now a crypto-bug. He can’t see that governments will not stand idle waiting to be simply put out of business with cryptocurrencies. No matter what you say, I think it has become a religion. There is not one major company who has adopted blockchain currency. No matter what you say, you are just not with it. They resort to name calling which is the typical sign that you are dealing with a religious fanatic. They really think that they can end the creation of money by ending bank lending. When I said do you realize the entire world would collapse, he responded that you can lend Bitcoin. Am I really missing something here? If you replaced all money with Bitcoin and banks started lending that, what is the difference?

LE

ANSWER: They seem to be mixing apples and oranges. The economy in prisons is a fascinating example. Money is outlawed so what first emerged as “money” in prisons was cigarettes. It did not matter if you smoked or not. The prison economy used cigarettes as money. There were people he knew how to be a tailor. They would fix people’s clothes and you paid in cigarettes. Cigarettes were acceptable BECAUSE he knew he could use them to get something he wanted even if he did not smoke. There were people who were artists and they would make hand-crafted cards for any occasion. There were people who did legal work. Others could repair radios. A whole economic society exists behind bars demonstrating Adam Smith’s Invisible Hand. Money is an agreed-upon unit of account/medium of exchange that everyone accepts even if you had no personal; desire to use it.

Then prisons banned cigarettes and the replacement money became a fish – packets of mackerel in federal prison or Ramen Noodles in others. In fact,  Charlie Shrem spent time in Federal Prison and he saw how the mackerel economy functioned in the place of money. He became one of the early developers of Bitcoin exchanges based upon his prison experience.

If we are talking about simple Bitcoin as a trading vehicle, then fine. We added it to the Global Market Watch and Socrates because it is a tradable asset. It is really just like everything else that trades. Socrates called the high in BitCoin simply because it complied with the trading patterns like everything else that is really not the asset, but how humans interact with that asset (Behavioural Economics). Its value is based upon ANTICIPATION and that need not be real, possible, and it may be outright impossible. If you believe in something you react according to your beliefs even if it is completely irrational.

In trading, we have always said: “Buy the rumor, but sell the news.”  There are countless examples from history that demonstrate that a rumor of a president died of a heart attack or something moves a market only to find out it was false or he survived.

 

 

On Saturday afternoon on September 24th, 1955, on the eighth hole of the Cherry Hills Country Club golf course, just outside Denver, President Dwight D. Eisenhower, 64, started complaining of indigestion, which he attributed to the hamburger with Bermuda onions he had eaten quickly between his morning and afternoon games. Then within 24 hours, the American people were informed that the president was in an oxygen tent at Fitzsimons Army Hospital being treated by one of the best cardiologists in the country. The ANTICIPATION hit – would he live or die? When the markets opened on Monday, September 26th, Wall Street crashed with the Dow Jones plummeting over 6% losing a stunning $14 billion in value on that day. The economy was going great. There was nothing to be concerned about on that level. Eisenhower’s heart attack, however, caused a major financial scare all based upon ANTICIPATION of what exactly is difficult to ascertain. If he died, would that really have changed the economy? Of course not. Rational thinking does not amount to much when faced with the unknown.

The fax machine was invented when the telegraph came in during the mid-19th century. It took 100 years before it was actually a viable product in the economy. Cryptocurrencies are trading vehicles. Those who pound their chests and call people names who disagree with them are indeed revealing it is a religion to them. Another maxim among traders: “Never marry the trade!” Cryptocurrencies will NEVER replace the dollar or world currencies. Do you really think governments will simply allow such a venture to take all their power away without a fight? Cryptocurrencies are worthless without a power grid. That is a disadvantage even to mackerel. That said, it does not stop BitCoin from being a trading asset, but it is not money. It trades on a belief system of some that are completely irrational of which you will NEVER convince the majority to agree with them any more than they could with gold. They judge the entire world based solely on what they believe and declare the rest of the world is wrong and only they are correct.

My father taught me a valuable lesson. It does not matter what you believe – it only matters what your opponent believes. He fought in World War II with General Patton in North Africa all the way to Berlin. Field Marshall Erwin Rommel (1891 – 1944) was a German general and military theorist. He wrote a book, Infantry Attacks, which was a strategic military theory. General Patten read Rommel’s book and defeated him in North Africa. My father told me that when Patton won, he yelled: “Rommel I read your book!” You must always understand your opponent. If you proclaim that you are right and everyone else is wrong, that is a sign of self-delusion inherent in being a fanatic. Understanding governments as I do, the opponent will not slither away and hide like a snake. It will attack with its fangs exposed.

The monetary system will come to an end as we know it today. It will be replaced with an electronic reserve currency among nations. That will NOT be something that you use to go shopping with. I do not care what you call money. It is nothing more than a unit of account and a medium of exchange. It historically sits on the opposite side of assets. BitCoin is still an asset – it is NOT money. If BitCoin were money, then it would decline in purchasing power when assets rise. Even the big tech companies Google, Apple, Amazon, and Facebook, have all pretty much not been impressed with Blockchain. Bloomberg News has also reported that not a single big IT player is interested in Blockchain and that includes Alphabet Inc., Apple Inc., Amazon.com Inc., Facebook Inc. and Netflix Inc.

If you can’t inspire the big boys who fund the cutting edge in IT, you are not likely to fulfill the dreams of the new Crypto-Religion. In discussions, I have had at high-level corporates and at central banks, the feedback is rather interesting. The corporates see this as a losing game and respect that they would be persona-non-grata if they dared to try to overthrow the government’s monetary system. It certainly is not to their advantage. A number of central banks I have been in meetings which have expressed interest in creating their own cryptocurrency only to control the money even more.

The likelihood of any cryptocurrency replacing the world monetary system causing governments to collapse is ZERO for decades to come. He who has the guns, tanks, and soon robot soldiers who will shoot to kill without hesitation, rules the monetary system – PERIOD!

 

May 21 2018

Sunday Talks: HPSCI Chairman Devin Nunes Interviewed By Maria Bartiromo – FBI Operation Crossfire Hurricane…


Re-Posted from The Conservative Tree house on May 20, 2018 by

House Intelligence Committee Chairman Devin Nunes appears on Sunday Morning Futures with Maria Bartiromo.  The primary discussion topics are the refusal of the DOJ to turn over origination documents; and the FBI using FISA surveillance, active measures, and informants paid by the U.S. government to target political opposition.

May 21 2018

Understanding the Fractal Nature of TIME


Armstrong Economics Blog/Training Tools

Re-Posted May 21, 2018 by Martin Armstrong

COMMENT: I attended your 2015 WEC where you laid out the future for the euro. I was skeptical, to say the least. All these people constantly focus on the dollar. Then your model gave buy signals on the euro and you said it would then rally into 2018 and that could form the slingshot down. It came close to your target and now here in France, the government has warned of a euro crisis blaming Italy. I attended your euro conference in Frankfurt and again you explained why the euro would decline.

I have come to understand that your model is really split into timing levels. I think you need to explain that better because the rest of us are used to what you would call I guess a flat forecast that is not relevant to the time. Just a suggestion. But a lot of people do not catch on that you can forecast the long-term yet also provide the forecast for the short term counter-trend moves.

I can’t make Singapore but will be there in Orlando.

merci et bonne chance

PV

REPLY: Thank you for the perspective. You are probably correct. The very reason why we are one of the largest institutional advisers in the world is because we can forecast not just time, but distinguish the short-term from the long-term. I suppose it can get confusing when the long-term warns the euro is crashing and yet you have a 13-month rally which is also necessary to create the energy for the resumption of the decline. This is how the energy in a market is created for the opposite direction.

It is always the false counter-trend move that creates the energy to swing back the other way. We did elect a Quarterly Bearish Reversal at the end of the 1st quarter 2018. That confirmed the counter-trend rally was over. On the weekly level, it was 57 weeks up to the February high.  There we were electing Weekly Bullish.

Take gold. Here too the line the model drew was 1362 on a monthly level and 1341 on a quarterly. Gold would crash at the end of every quarter to avoid a buy signal. Likewise, it just could not get through the 1362 number. This also confirmed the position with the dollar that was reflected in the Euro.

You are correct that 99.9% of forecasts are flat one-dimensional. Our model enables big players to sort out the small counter-trend moves from the point where you have to flip a major portfolio in the billions. How you trade personally and for huge size is totally different. OPINION will not cut it. It has to be black and white. We must reduce it to a specific number and then the targets in time.

I suppose you are correct. I do not explain this difference between our forecast and everyone else in sufficient detail over the course of events.

May 21 2018

Sunday Talks: Secretary Steven Mnuchin -vs- Chris Wallace…


Re-Posted from The Conservative Tree House on May 20, 2018 by

Treasury Secretary Steven Mnuchin appears on Fox News Sunday for an interview with the insufferable swamp gatekeeper Chris Wallace.  The primary topic is China and the ongoing trade discussions.  However, look at the stone cold stare from Mnuchin at the very end when he points out that Wallace never even brought up the important Iran sanctions.  If looks could kill, Wallace would have spontaneously combusted.

May 20 2018

“Mueller & FBI Are Republicans Who Hated Trump”, Dershowitz SLAPS Dan Abrahams For Defending Mueller


Published on May 20, 2018

Harvard law professor Alan Dershowitz said that Robert Mueller’s legal team and the FBI are full of “long-term Republicans who hated Trump” on ABC’s “This Week” Sunday.

 

May 20 2018

President Trump Tweets Official Investigative Request To DOJ Forthcoming…


Re-Posted from The Conservative Tree House on May 20, 2018 by

Those who have followed the events over the past two years closely know what the final tweet -in a series of sequenced tweets- from President Trump indicates:

#TheBigUgly

Beginning with the confirmation of DNI Dan Coats in March 2017, a series of carefully planned sequential steps have been implemented – preparing the groundwork to expose the biggest political scandal in the history of the U.S. government:  You can call it a soft-coup, or you can call it politicization and weaponization of the DOJ and FBI, but the end result is the same – the intentional effort to manipulate, influence, and ultimately subvert an election for the presidency of the United States.  

From a series of POTUS Tweets today it would appear the Big Ugly is ignited.

Former Obama administration officials knowingly and willfully conspired with allies in strategic intelligence positions to target their political opposition.

Simultaneously, some of the same officials knowingly and willfully conspired to allow and ignore unlawful conduct, including the use of federal government agencies, by their political allies to assist the political goals of Hillary Clinton.

After a year of denying the actions were taking place; and after a year of investigative sunlight proving those actions did actually take place; the former Obama officials moved from a strategy of denial to a strategy of justification.  However, at the same time as they are now justifying their conduct, they are still trying to remove the primary threat, President Donald Trump.

The Inspector General has released the draft report on the DOJ and FBI conduct in the corrupt Hillary Clinton classified email investigation.  Within two weeks the draft IG report will be made public, and the full sunlight of prior DOJ and FBI conduct will become visible.

There is a strategic sequencing to the approach of President Trump and those within congress who have been investigating the same issues.  Key human resources have been put into place to help expose the corruption (ex. Ezra Cohen-Watnick).  Additionally, several key former Obama career officials agreed to cooperate in exposing the corruption (ex. Admiral Mike Rogers, NSA); and a few have been moved into place within the Trump administration (ex. Dana Boente).

The fraudulent story behind the DNC server is directly connected to the fraudulent story behind the vast Russian conspiracy.  Recent releases from inside congressional committees have been strategically timed to coincide with this phase of exposing the Obama-Clinton-DNC scheme. {See Here}.  None of this is happenstance, this is all strategically timed and coordinated.

If using intelligence assets to conduct surveillance on the Trump campaign was based on the premise of concern with Russian contacts etc. – then why were John and Tony Podesta’s contacts with multiple foreign government’s, including payments therein which were not reported, overlooked?

Why were the speaking engagements by Bill Clinton not investigated for the same reasons given to launch counterintelligence investigations against Trump campaign officials?

These issues cannot be reconciled/justified.

Only one campaign was targeted, Donald Trump.  Only one campaign was under surveillance by the FBI under false and conspicuously fraudulent reasoning.

The IG report will lay bare the ideological motives, and the specifically designed plan, by the FBI to exonerate Hillary Clinton.

That IG report is finished.  It is being reviewed prior to finalized print.

The last phase of the identified IG report is the FISA court abuse by the same government officials who weaponized the intelligence apparatus.   That IG investigation has also been ongoing as an outcropping of the original January 2017 origin.

It is within this OIG investigation where the fraudulent Russian conspiracy scheme, and the exhaustive weaponization of the intelligence apparatus therein, will be revealed.

Timing is everything:

The Obama administration officials are going bananas.

The Democrat politicians who participated in the weaponization plan are also going bananas.

Deep State is deeply triggered.

Welcome to the biggest political battle in U.S. history.

#TheBigUgly.