Tag Archives: George Soros

Jan 7 2018

The Silence of The Shams…


Re-Posted from The Conservative Tree House on January 6, 2018 by

Notice something missing recently?

“Leaks”.

The House Intelligence Committee now has the bank records of Fusion-GPS.  They were turned over Friday after a federal judge on Thursday shot-down a last-ditch effort by attorneys from Fusion to get an emergency injunction.

Chairman Devin Nunes and the House Intelligence Committee now have the records of payments made by Fusion-GPS to “journalists and media companies” during 2016 and early 2017 when Glenn Simpson, Mary Jacoby and Peter Fritsch were shopping the Christopher Steele ‘Russian dossier’ to enhance the “Insurance Policy”.

Perhaps we will find out which journalists and media companies were paid by Fusion-GPS. Perhaps those payments are part of the reason the media apparatus, writ large, made a concerted effort last week to distance the Steele Dossier from the origin of the FBI Counterintelligence operation against candidate Trump that began in July 2016.

Additionally, and I shall easily say ‘predictably‘, there’s been far less visible evidence of congressional or intelligence community leaks to the media.  The Wolff book has provided a deafening cover for the media retreat; but the absence of IC leaks is also deafening.  As we previously shared, this outcome was fully anticipated.

Most of the direct (“small group”) FBI (CoIntel), DOJ (NatSec Division) and Special Counsel co-conspirators are only able to talk amid themselves.  They know by now they are being monitored and they have strong suspicion the size of the surveillance upon them. [Hi guys.] No-one else is willing to put themselves at risk now.  Congressional allies now view the small group as carrying a legal ebola virus.  Contact is now a risk.

All of the ‘Muh Russia’ co-conspirators, and the aggregate DC enablers, along with their media mouthpieces are nervous.  The Wolff book noise is hiding a genuine trepidation that all of the scheming for the past 18+ months is about to come crashing down.

The larger American electorate have NO IDEA the scale and scope of the bigger story behind the vast Russian conspiracy.  The people involved are fully aware of the potential for their visible trail to become increasingly public.

The special FBI and DOJ unit that Rod Rosenstein put together, at the request of AG Jeff Sessions and DNI Dan Coats, is still hunting congressional and IC leak agents.  Almost no-one in the media has discussed this ongoing reality, but their silence on the story doesn’t mean their behavior has not changed directly because of it.

WASHINGTON – […] Gaining access to Fusion GPS’s bank records marks yet another victory for the Republicans in the House Intelligence Committee, which earlier in the week secureddocuments and text messages related to the Trump-Russia collusion investigation.

Chairman Devin Nunes, R-Calif., had pursued the information for months and threatened a contempt of Congress charge against both Deputy Attorney General Rod Rosenstein and FBI Director Christopher Wray after they refused to turn over the information.

Two Republican senators earlier in the day Friday recommended that the Justice Department criminally investigate the author of the Trump dossier, which contains salacious and unverified claims about President Trump’s ties to Russia. Republicans are concerned the dossier may have been the impetus behind the federal inquiry looking into possible Russian collusion between that country and the Trump campaign.

Sen. Chuck Grassley, R-Iowa, chairman of the Senate Judiciary Committee, and Sen. Lindsey Graham, R-S.C., a senior committee member, told the DOJ they believe Christopher Steele, the former British spy who helped put together the dossier, knowingly lied to federal authorities about his communications with U.S. journalists.

A lawyer for Fusion GPS lashed out at the senators, accusing them of making “another attempt to discredit government sources.”  (read more)

As the Inspector General investigation continues: ♦FBI Agent Peter Strzok has been reassigned to the HR department.  ♦FBI Lawyer Lisa Page, personal legal aide to FBI Asst. Director, Andrew “Andy” McCabe, has been returned to the DOJ side. ♦FBI Chief Legal Counsel James Baker has been relieved of his duties by FBI Director Christopher Wray. ♦FBI Asst Director Andrew McCabe has announced his intent to retire in March.

All of these FBI personnel moves are a preliminary outcomes of the still ongoing Office of Inspector General (OIG) investigation.   All of this has been reported.  None of these moves are speculative.  All of these geese are cooked.  However, this is just one side of the 2016 political “Trump operation”, the FBI investigative Counterintelligence Division side.

The other side, the legal side of the Trump operation, stems from the National Security Division of the DOJ.  A FISA application is submitted from the DOJ-NSD  for use by the FBI Counterintelligence team.   Sunlight upon this side of the collaboration is the reason for all of the current distraction narratives.

The Department of Justice, National Security Division, FISC application(s) and the FISA 702(16)(17) wiretapping and surveillance collection, along with the unmasking that followed, is the focus of House Intelligence Committee Chairman Devin Nunes.  He is tackling the biggest scandal – OUTLINED HERE –

Sometime this month, after the initial Inspector General Michael Horowitz release, House Judiciary Chair Bob Goodlatte and Senate Judiciary Chair Chuck Grassley will likely call for a Special Counsel to investigate the upper-level management of the FBI and DOJ.

We should support that approach.  The SC can quickly put a Grand Jury together and start presenting the IG investigative evidence, as well as enforceable subpoenas for witnesses.

There’s a lot of different down-stream legal issues:

  • The unlawful exoneration of Hillary Clinton by political operatives in the DOJ/FBI.
  • The unlawful destruction of evidence; and the manipulation of investigative protocols to gain a specific and pre-planned political outcome. (Peter Strzok, Andrew McCabe)
  • The unlawful use of the FISA court for political spy operations by the DOJ/FBI.
  • The unlawful use of the Dept of Justice National Security Division.  For weaponized political benefit.  (Sally Yates, Loretta Lynch, Bruce Ohr)
  • The unlawful use of the FBI Counterintelligence Division. For weaponized political benefit. (James Comey, Andrew McCabe, Peter Strzok, Lisa Page, James Baker)
  • The unlawful use of a Special Counsel (Mueller) investigation to hide the conspiracy; (James Baker, Peter Strzok, Lisa Page, Bruce Ohr, Andrew Weissman, Jeannie Rhee, Aaron Zebley)

All of the origination details are part of the minutia that will surface in the next 30 days.  Devin Nunes, Bob Goodlatte and Chuck Grassley using the Judiciary and Intelligence Committees to collect evidence and tell the public everything outlined HERE and more.

Dave NYiii has a terrific discussion thread on the pending OIG Release HERE

THE BIG UGLY

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RESOURCES:  – The BIG UGLY

IG Stimulated Releases of Information:

♦Release #1 was the FBI Agent Strzok and Attorney Lisa Page story; and the repercussions from discovering their politically motivated bias in the 2015/2016 Clinton email investigation and 2016/2017 Russian Election investigation.

♦Release #2 outlined the depth of FBI Agent Strzok and FBI Attorney Page’s specific history in the 2016 investigation into Hillary Clinton to include the changing of the wording [“grossly negligent” to “extremely careless”] of the probe outcome delivered by FBI Director James Comey.

♦Release #3 was the information about DOJ Deputy Bruce Ohr being in contact with Fusion GPS at the same time as the FISA application was submitted and granted by the FISA court; which authorized surveillance and wiretapping of candidate Donald Trump; that release also attached Bruce Ohr and Agent Strzok directly to the Steele Dossier.

♦Release #4 was information that Deputy Bruce Ohr’s wife, Nellie Ohr, was an actual contract employee of Fusion GPS, and was hired by F-GPS specifically to work on opposition research against candidate Donald Trump. Both Bruce Ohr and Nellie Ohr are attached to the origin of the Christopher Steele Russian Dossier.

♦Release #5 was the specific communication between FBI Agent Strzok and FBI Attorney Page. The 10,000 text messages that included evidence of them both meeting with Asst. FBI Director Andrew McCabe to discuss the “insurance policy” against candidate Donald Trump in August of 2016.

Jan 7 2018

Will England Break-Up Not Just the United Kingdom


Armstrong Economics Blog/BRITAIN

Re-Posted Jan 7, 2018 by Martin Armstrong

QUESTION: Hi Martin.

In your recent blog posts, you talk about the possible timing of the break up of Britain but you talk about that in terms of the regionalisation or break up of England only. Have you not said before that Scotland is likely to become independent sometime in the next few years? Perhaps you could explain how that possibility fits in this process?

Thanks

CGB

ANSWER: There are two expansions on the island of Britain. The more commonly known is the formation of the United Kington which took place in 1707 under Queen Ann. That saw Scotland under English Rule and the birth of the United Kingdom. However, before the reign of Eadgar (959-975 AD), England was divided into Anglo-Saxon kingdoms. It was Eadgar who instituted a uniform coinage throughout the land and a single government. While Eadgar set the pattern for the ‘reformed’ coinage of the later Anglo-Saxon and Norman period and standardized the use of the king’s portrait as in old Roman tradition, it was all about creating BRITAIN as a nation-state.

If we look back in time, we see that the first Anglo-Saxon kingdom to really become powerful was Mercia. It was the King of Mercia who was the one who actually resurrected the old Roman Empire’s monetary system for all of Europe since the French copied his idea. We see that King Offa of Mercia was the first king to put the portrait of himself and his wife on the coinage as was the tradition in the Roman Empire.

Here is the Roman Emperor Claudius who married Agrippina, Jr. in 49AD. You will find throughout the history of Roman coinage, the Roman family of the emperor was traditionally portrayed on the coinage. Constantine the Great even issued coins with the portrait of his mother. Trajan issued coins depicting his father and Septimus Severus issued coins showing his wife and two sons.

The Romans placed great value on family. This is where the idea of virginity of their women was proposed and to be a woman priestesses of the Roman goddess of the hearth, Vesta, in the state religion of ancient Rome, they must be virgins known as Vestal Virgins( Latin: Vestales).

Evidence of the power of Mercia lies in the coinage of Offa who adopted the Roman culture. It was Offa who actually issued the first gold coin after the fall of Rome in Europe. He was copying the Islamic gold coin for trade demonstrating his contacts beyond Britain. He inscribed his name on the Islamic imitation coinage but obviously could not read what the Islamic legends actually said. This gold issue is extremely rare.

Therefore, we have two historic break-ups that Britain faces in the future. Eventually, the United Kingdom will break apart formally, but with the collapse of Brussels and the EU Project, we are also likely to then see AFTER 2032, the general trend toward decentralization of governments as a whole. Hence, we will see England break apart into the old Anglo-Saxon regions as we will see the United States break apart. This is the cycle of dissolution politically against centralized government, which is why the Communist experiment also collapsed. Then you begin again and reform nation-states in the next major cycle wave. Society comes together for economic efficiency, and then government abuses its power, which in turn then results in the cycle of dissolution and it all begins once again.

Jan 7 2018

Cross the Line & They Go Nuts


Armstrong Economics Blog/AI Computers

RE-Posted Jan 7, 2018 by Martin Armstrong

COMMENT: They use to call you Mr. Yen. They also called you the manipulator of the world. Then it was the legend. Now they will call you Mr. Dow.

All the best

SJ

REPLY: Well, they always have to find someone to blame. Cross the line and try to explore new methodologies and they just go nuts. I can understand Mr. Yen, and I get the crazy allegation by the government that I manipulate the world economy, but the “legend” I really remain clueless as to what that one is about. As to Mr. Dow – well I suppose that’s next in the queue.

They prefer to always claim I have too much influence rather than look at what I am saying and the methodology. It is just human nature to desperately try to keep everything unchanged. Labelling someone is a form of downgrading them.

Jan 6 2018

Intellectual Froglegs – New Year Addition


The long awaited 2018 New Year awards show by Joe Dan Gorman and the Intellectual Froglegs media empire is finally out:

Visit Website HERE

Jan 6 2018

BitCoin Reality Check?


Armstrong Economics Blog/Cryptocurrency

RE-Posted Jan 6, 2018 by Martin Armstrong
Jan 6 2018

The Technology Advance in War will Increase Civilian Casualties


Armstrong Economics Blog/War

Re-Posted Jan 6, 2018 by Martin Armstrong

COMMENT: Marty. Hi.

In your article, you stated that when the unemployment goes up, they take us to war to cut down the population. True but now its different.

WW2 was a big historical change in who gets killed. WW1 and previous wars typically it was the soldiers who die. WW1 only saw about 5% > fewer civilians die. Once we got to WW2 we saw 80% of the deaths were civilians. Ever since then, mostly civilians die in wars now.

It was the technology shift that has brought about this.

So now, Kim and Trump push some buttons and millions of civilians die.

OK. Been cold up here. Getting down to -13° this weekend. And were on the warm side of the lake Lol.

N

REPLY: You are correct. The impact of war is much different today. The civilian casualties will be much greater than in previous wars. That’s technology for you. Keep warm. It is even snowing as far south as Tallahassee. This is one forecast I wish would be wrong.

Jan 5 2018

At What Point do we reach Euphoria in the Equity Markets?


Armstrong Economics Blog/Forecasts

Re-Posted Jan 5, 2018 by Martin Armstrong

QUESTION:

Marty,

John Templeton has said “Bull markets are born in pessimism, grow on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” “If you want to have a better performance than the crowd, you must do things differently from the crowd.”

My question is…….. at what point do we reach euphoria in the equity markets?

ANSWER: Our Energy Models are designed to ascertain that dimension of a market. Naturally, everyone responds to whatever the last event is in recent memory. Therefore, the 2007-2009 Crash lives on in their experience so that means they will be skeptical of new highs. We have witnessed that with analysts constantly calling for every new high would be the last. They keep trying to forecast the last event because they missed that one as well.

The only way to approach this is from a quantitative viewpoint. Human opinion will inevitably be wrong no matter who it is. How the market responds to our Energy Models is critical for long-term forecasting. Look at the chart for 1929. Here you see that there is a huge spike in energy which peaked in February 1929. The market rallied to new highs but note that the Energy Models we not making new highs. This peak BEFORE the major high confirmed a very serious undermining of the market structure warning that this type of high was a Bubble and therefore would not be exceeded for decades.

Now compare this to the Energy Models for the 2007 high. We do not have aBUBBLE formation at all and the high came on the reaction high following the major high for the move. This confirmed this was by no means a BUBBLE and in fact new record highs would be make once again.

Let’s turn to the DOT.COM BUBBLE. The first thing you will notice is that the Energy was clearly in a BUBBLE formation. The slight difference here is that the Energy Model peaked the week after the high rather than before. This confirmed that it was not going to be a 1929 type event and the new record highs would be made which indeed unfolded in April 2015 which was 61 quarters intraday and 66 quarters to close above the 2000 high on a quarterly basis.

Here is gold for the 1980 BUBBLE. Once again you see the extreme BUBBLE formation and here the peak took place with the peak in gold. So while we are not looking at the same type of formation with the peak unfolding in advance of the high as in 1929, this reflected that gold would eventually make new record highs within a mid-term perspective. Unquestionable, it took 19 years for gold to decline before the major low was established. Gold finally exceeded the 1980 high during the crisis of 2008.
Now, let us look at the current situation. Again we do not have a major BUBBLE formation. What we do have is a market that is still expanding and in fact, the high on our Energy Models on the weekly level took place last week. This implies we would still press higher into January and that has been out target once you exceeded the November high.
We are by no means in a 1929 BUBBLE type of formation. Here is the view of the 1987 Crash. Like Gold, the peak came 1 week following the high. Yet we see escalating advances in Energy leading into the 1987 high. So far, we lack that type of pattern warning that the real advance in our Energy Models is yet to come.
Therefore, the answer to your question is rather simple. It is always a matter of TIME rather than price. As markets rally, human interpretation of price will always be wrong. NOBODY is going to call this final high from a human perspective and anyone who claims that will be a fraud. It is not a matter of opinion for we can personally only forecast what we think is possible, to begin with.
Jan 5 2018

Is BREXIT in Trouble? Can Britain Survive Past 2042-2044?


Armstrong Economics Blog/BRITAIN

Re-Posted Jan 5, 2018 by Martin Armstrong


The REMAIN crowd is doing everything possible to surrender the sovereignty, dignity, and future of Britain. The left is taking hold in Britain calling anyone who wants to leave the EU is now openly called a “racist” and they are bashing anyone who even appears to be nationalist.

While the British pound closed 2017 at 13501, it finished the year in a long-term bearish position. We now have politicians rebellion and saying that the question was too complicated for the average person to understand and so the referendum should be put aside. This is keeping in line with the anti-Democratic policy adopted in the EU to deny the people the right to vote on the European Project – the surrender of all sovereignty to Brussels.

Unfortunately, our model has not indicated any change in the long-term trend. The Euro still closed in a bullish position relative to the cross with the pound sterling. Support lies at 88120 for 2018 on Euro/Sterling. We elected a Yearly Bullish Reversal back for the close of 2016 and that has dominated the trend as 2017 closed high with an inside trading year.

The posture, overall, shows that this remains in a questionable position. The early election called by PM May was a disaster and has opened the door for the REMAIN crowd to overthrow the vote by painting anyone for BREXIT as a racist and we now hear the politicians saying that Parliament should decide and not the people. If they succeed in this movement, we seem to be on schedule for the complete collapse of Britain come 2044 where it too will split up into regions as it had begun.

 

During the reign of Eadgar (959-975 AD), England was united under one ruler. It was Eadgar who instituted a uniform coinage throughout the land. Eadgar set the pattern for the ‘reformed’ coinage of the later Anglo-Saxon and Norman period and standardized the use of the king’s portrait as in old Roman tradition.

Here too, we are reaching 21 cycles of the ECM 51.6-years from the reign of Eadgar, which also confirms independently 2042-2044 the likelihood of England breaking apart back toward the regions that were united by Eadgar will be the fate of Britain.

Jan 4 2018

Super-MAGAnomic-Winning: U.S. Added 250,000 Private Sector Jobs in December – DOW Closes Above 25k…


Re-Posted from The Conservative Tree House on January 4, 2018 by

This jobs report bolsters confidence in the MAGAnomic prediction shared two years ago. So long as current economic trends continue, the explosion in private sector wage rates, middle-class wages, will begin around Q2 of this year (April – June). Once the eight year Obama-labor-lag is fully absorbed, a tighter job market will put upward pressure on real wages.

The Main Street economic engine, the “real economy”, is now positioned to overtake the Wall Street engine, the “paper economy”. Meaning actual profits and losses, real economic GDP growth, will drive company earnings and valuations in 2018.

There is an economic policy synergy now taking place.  The tax package that was passed shows how President Trump’s economic policy drivers (Ross, Cohen, Mnuchin) have structured Main Street businesses to willingly afford the wage rate increases.

The MAGAnomic dynamic is two-fold. The tax rates for the middle-class have dropped; simultaneous to this tax change increasing take home pay, the business sectors will have room to drive actual hourly wage rates higher. Lower rates and higher wages has a compounding impact on the amount of money in workers paychecks/pockets. See how that works?

[CNBC] The total brought 2017’s private payroll growth as gauged by ADP and Moody’s to 2.54 million, an average of 212,000 a month.

Job growth was broad based, as professional and business services led the way with 72,000 new positions. The education and health services sector was next at 50,000 and trade, transportation and utilities contributed 45,000. Wall Street-related payrolls grew by 19,000.

[…] By size, businesses with between 50 and 499 employees added 100,000 jobs while small firms hired 94,000 and large companies contributed 56,000 to the total.

“The job market ended the year strongly,” Moody’s chief economist Mark Zandi said in a statement. “Robust Christmas sales prompted retailers and delivery services to add to their payrolls. The tight labor market will get even tighter, raising the specter that it will overheat.”

Overall, service-related companies were responsible for the balance of jobs, with 222,000 new hires. Goods-producing industries added the rest, with construction growing by 16,000 and manufacturing by 9,000.

The private payrolls numbers come a day ahead of the government’s closely watched nonfarm payrolls report. (read more)

The bottom line is how the MAGAnomic policy builds upon itself.  As middle-class workers have more disposable income they buy stuff.  Consumer spending drives GDP growth.

Higher middle-class wages mean U.S. consumers are no longer dependent on cheap foreign manufactured products.  This boosts the investment outlook for U.S. manufacturing.  The business cost dynamic shifts from the perspective of the U.S. as a service economy and the outlook becomes a balanced production economy.

President Trump’s MAGAnomic policy is breaking the historic cycle of low wages and cheap import product dependency.

Exactly as planned.

NOW, PLEASE WATCH:

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See how that works?

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Jan 4 2018

The 2017 Closing US$ – Gold – Dow


Armstrong Economics Blog/Dow Jones

Re-Posted Jan 4, 2018 by Martin Armstrong

The Dow failed to OPEN above the 2017 Intraday high so we are not yet ready for prime time. This is still a 0ff-Broadway play, but we are getting closer. The dollar still finished neutral so it too is not yet ready for its move higher. Gold closed in a positive position for the end of 2017 confirming the posture in the dollar.

We will review all the world markets for 2018 in the coming Outlook Report for 2018.