Violence and Harassment


Published on Jun 28, 2018

The left is in full-out assault mode toward conservatives. Don’t citizens have a right to go about their lives freely? Want even more Right Angle each week? Become a member at BillWhittle.com! https://www.billwhittle.com/subscribe Right Angle is brought to you by the paying members of BillWhittle.com and by donations from viewers like you! Show your support by making a donation at: https://www.billwhittle.com/donate

 

 


Published on Jun 28, 2018

A man named Andrés Manuel López Obrador is running for president in Mexico. His platform? Unlimited immigration to the United States. Want even more Right Angle each week? Become a member at BillWhittle.com! https://www.billwhittle.com/subscribe Right Angle is brought to you by the paying members of BillWhittle.com and by donations from viewers like you! Show your support by making a donation at: https://www.billwhittle.com/donate

What’s Really Happening At The Border


Published on Jun 27, 2018

Donald Trump ran on building the wall and stopping illegal immigration…. yet here we are, with no meaningful changes. What gives? Want even more Right Angle each week? Become a member at BillWhittle.com! https://www.billwhittle.com/subscribe Right Angle is brought to you by the paying members of BillWhittle.com and by donations from viewers like you! Show your support by making a donation at: https://www.billwhittle.com/donate

Welcome to Dollar Vertigo – China to Ban Dollar Borrowing?


COMMENT: Mr. Armstrong, it seems that whatever you say our government follows. You said China should buy directly from the Treasury and not the New York bank and they did that right away. Now they are considering stopping dollar borrowing here in China as well. You should be holding a WEC here in Shanghai next.

QLJ

ANSWER: Yes, Bloomberg has reported that here in the West as well. People do not understand that the more the dollar rises, the greater the risk of defaults around the world. US rates fell so low that it was cheap to borrow dollars. The borrowers are now starting to realize that they also had a foreign exchange risk. This is what I have been warning about. You even have the dollar bears here in the States who keep saying I am wrong and the dollar has to crash. Repeatedly, I have warned that a decline in the dollar will be celebrated by everyone including Trump because it would ease trade friction. A rise in the dollar means trade friction, protectionism, and emerging market crisis of debt defaults. As the defaults mount, the dollar will be sent even higher. Add a crisis in the Middle East and in the stability of the Eurozone, and you end up with dollar vertigo!!!!

Now 43% of Germans Want Merkel to Resign – More than She Was Elected With!


The polls in Germany show that discontent is now rising and 43% of the people want Merkel to resign. She only won 32.8% to begin with. Germany is also shifting and nationalism is rising, which is what the AfD is all about these days. A YouGov survey showed that 43% of Germans now want her to leave office, compared with 42% who want her to remain. The no opinion came in at 15%. Even in her own CDU-CSU coalition, 27% want to see her resign.

The survey demonstrates that the refugee policy Merkel initiated without a European vote is not merely tearing the EU apart, but Germany as well. Italy has warned that the very survival of the EU is at stake over the refugee migration crisis. Meanwhile, Merkel is increasingly in a difficult position as she fights an internal battle with her coalition partner, the Bavarian CSU, over imposing border controls that Merkel believes risks undermining the Schengen free movement zone. But she is the one that invited the refugees to begin with unilaterally.

There was an emergency summit in Brussels in a bid to try and create a “European solution” to the migration crisis. EU leaders gathered for an emergency summit on migration but this was really an attempt to show support for Angela Merkel’s government. The refugee migration crisis has exposed deep divisions in the EU bloc over how to deal with African and Middle Eastern migration consisting of more than 95%+ males and has nothing to do with Syrian refugees from war. They are not even skilled laborers. People who migrated from India even to Britain had to speak the language and have some skill. The USA has similar criteria. This migration goes against all historical precedent. This is just an attempt to help Merkel who has become the real face of Europe worldwide.

 

Euro Interest Rates


QUESTION: Mr. Armstrong; You have obviously been correct on the Euro. You even called the bounce but it stopped at 1.2550 and did not reach your ideal target of 1.28. You are saying that interest rates in Europe are more likely to rise faster than the ECB predicts. The French central banker Francois Villeroy de Galhau has also come out and said that a hike in interest rates from mid-2019 onwards will be possible. That contradicts Draghi. Running a small business here in Europe is difficult as you know. So we should look to try to lock in rates now before it is too late. Correct?

FK

ANSWER: Absolutely. True, the technical resistance and the Monthly Bullish were in the 128 zone. However, the euro just did not have enough energy to reach that point which is in itself an indication of inherent weakness. If we look at the long-term 30-year rates on the euro, support lies at 0.93% and resistance at 1.7%. A monthly closing above 1.7% will signal a move up to 2.33% to 2.43%. After that, expect a rapid move to 5%. A closing at year-end above 1.42% will confirm a sharp rally is underway

FBI Agent Peter Strzok Appears Before Congress for Deposition…


FBI Agent Peter Strzok appears before a joint house committee today for a closed hearing deposition.  Mr. Strzok will appear before an open congressional hearing to be scheduled later.  Today’s deposition is an opportunity to ask questions and get an “official record” of specific answers to multiple lines of inquiry.

Peter Strzok is at the center of four specifically known corrupt DOJ and FBI operations. 1) The Clinton exoneration operation. 2) The Trump investigation “Crossfire Hurricane”. 3) “Spygate”, and the abuse of the FISA court; and 4) The origin of the Mueller probe.

The deposition questioning is being directed from a hand-picked group of lawmakers.  Judiciary Committee Chairman Bob Goodlatte determined who will ask the questions.  One of the lawmakers selected was Jim Jordan.

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Cryptocurrencies Vulnerable to Hackers?


QUESTION: It certainly seems that the cryptocurrency world has its flaws and may even be worse than traditional bank accounts and credit cards. They keep getting hacked. So they are trying to defeat central banks but may be running into the arms of scammers and thieves. I read one guy even claimed Bitcoin would be the new reserve currency. I really do not understand these fools. How can Bitcoin become the reserve currency? Where does this really end?

EP

ANSWER: I really do not know. The dollar is the reserve currency BECAUSE it has a $20 trillion debt that is used globally to park money. Europe never created a single debt market and that is why the euro never managed to compete with the dollar. There is just no way Bitcoin can become the reserve currency. That is really la-la-land. Where does this end? The technology may be absorbed by governments and perhaps you end up with a single electronic currency for each country. As far as circumventing central banks and governments, they can shut it down whenever they want by simply declaring cryptocurrency is for criminals as Australia is trying to do with cash.

With respect to the hacking, well easy come easy go. For the second time in just a few days, hackers launched a raid on a South Korean cryptocurrency exchange. The hackers had captured in one night about €27 million euros, the trading platform Bithumb had to admit. This is number six worldwide in terms of trading volume for cryptocurrencies. Bithumb announced that it would compensate its users.

The prices of most cryptocurrencies fell after the second South Korean incident within a few weeks. Bitcoin, the largest cryptocurrency, fell 2% that day. These attacks are starting to wear down the cryptocurrency market, and we may yet see a decline further into July.

Italy will No Longer Recuse Migrant Ships from Libya


Italy will no longer rescue immigrants sailing from Libya. They have withdrawn their Italian Coast Guard and instructed captains of vessels that from now on, ships in the area off Libya should apply for help to the Libyan Coast Guard. Up to now, the Italian Coast Guard has played an important role in coordinating refugee rescue operations outside its own waters. According to Maritime Law, the coordinator of a rescue operation must provide the refugees with a safe haven. Italy will no longer provide that status off the coast of a foreign country. Ital began recusing ships back in 2015. Under Maritime Law, once they did that, they were obligated to give them shelter. Here back in 2015, they recused 1,000 but most of these are just men, not families with women and children.

Italy & Refugee Crisis


The Refugee Crisis in Europe is tearing it apart and all of this began with a unilateral decision by Merkel when her polls declined because of her tough policy on Greece. The refusal to compensate Italy and to demand they take in refugees but denies them the right to send them north proves the very point that I have been getting from Italy behind the curtain – they feel they are an occupied country.

Italy said it will seize two migrant rescue ships in the Mediterranean, as this refugee policy of the EU continues to worsen. We are up against politicians in Brussels and Germany who simply refuse to admit that they made serious mistakes. They fear that admitting that will ruin their personal careers so the entire European Union must suffer. Now the two German NGO ships carrying refugees who are really economic migrants looking for a free lunch “will be seized” to determine their legal status according to Italy.

The response from Italy comes on the heels of the insensitive remarks of French President Emmanuel Macron who called this the “leprosy” of anti-EU feeling, which is only angering the Italian populist government and the people. This is where this feeling that is related to me is building that they have NO SAY in the fate of their own country and they have simply become an occupied country as if they lost the war and Germany won.

Italy sparked the fresh round of discontent earlier this month when it refused to take in the Aquarius refugee ship, which was carrying 630 migrants rescued off the coast of North Africa. Malta also refused to accept the ship and so it went off to Spain. If Spain refuses, Greece, and Portugal, then perhaps the ships will go beyond the Pillars of Hercules and sail to France and Belgium so Brussels can be inundated itself. Perhaps then the policy will change.