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Month: August, 2015

83115 Gleaning Goodbye Delusion Summer Is Finished

It gets better: if what Ynet reports is accurate, Antichrist Iran’s brief tenure as Obozo’s BFF in the middle east is about to expire:

Russian Military Forces Arrive In Syria, Set Forward Operating Base Near Damascus 

The burden of Damascus. Lo, Damascus is taken away from [being] a city, And it hath been a heap — a ruin.

Isaiah 17 

What force am I talking about? Well theres many different names for what im talking about, but lets use some of the more commonly referred to shall we. The force is speak of is the spiritual force, the consciousness of the universe, God, or whatever term fits your personal belief system.


There is so much more going on that we can even begin to not only appreciate, but comprehend!
Expect more big news from CERN in the next few weeks as they up the stakes and swap out proton for the heavier ions of lead, which they will collide together at 99.999999% the speed of light in the hope that they can unlock the secrets of the universe.

At the very least they are determined to rip the veil that seperates this dimension from the next, not my words, theirs!

Lets hope the arrogance of mankind isnt going to be our downfall.<–Lol,Too late, way too late.

Ukraine Reignites – 1 Killed, 50 Injured After Grenade Attack On Parliament 

Antichrist Communist China Rocked By Another Massive Chemical Explosion, People’s Daily Reports 

Seriously, what the f##k is going on over there?

This is the second explosion in Shandong, which both follow the huge and deadly explosion in Tianjin.

We’ll await the details which we imagine will suggest that, as was the case in Tianjin, many more tonnes of something terribly toxic were stored than is allowed under Antichrist China’s regulatory regime which apparently only applies to those who are not somehow connected to the Politburo.

After the last Shandong explosion, The People’s Daily reported that the plant contained adiponitrile, which the CDC says can cause “irritation eyes, skin, respiratory system; headache, dizziness, lassitude (weakness, exhaustion), confusion, convulsions; blurred vision; dyspnea (breathing difficulty); abdominal pain, nausea, [and] vomiting.”

How many Boomers or Gen Xers are prepared for 0% returns on their 401ks over the next ten years, with a 50% plunge thrown in for good measure? This market pullback is a drop in the proverbial bucket. Everyone should be using this dead cat bounce as an opportunity to get out of the market. But most will not heed Hussman’s advice. Their cognitive dissonance is too overwhelming

The Fed is now nothing more than a helpless bunch of academic theorist bystanders as they already have interest rates at zero and have poured $3 trillion down the drain in their fruitless Keynesian effort to revive this zombie economy. Low interest rates didn’t work and they will not avert the coming stock market collapse.

Now for the money quote. Market crashes happen in stages. After an initial plunge, a recovery bounce occurs but fails to reach the pre-plunge levels. And then the bottom falls out.

As I noted early this year (see A Better Lesson than “This Time Is Different”), market crashes “have tended to unfold after the market has already lost 10-14% and the recovery from that low fails.” Prior pre-crash bounces have generally been in the 6-7% range, which is what we observed last week, so I certainly don’t see that bounce as having removed any of our concerns. We remain extremely alert to the prospect for much more extended market losses.

Despite the brave talk from the buy and hold crowd, no one is prepared for a 50% loss over an 18 month horizon. These are the people who will hold until the market has already fallen by 30% and then panic. It has paid to be reckless and foolish over the last three years. It’s this same reckless attitude that brought down the day traders in 2001, house flippers in 2006, and subprime derivative gurus in 2008. Rational, risk averse, clear minded people need to bail out of the stock market now. It may be your last chance.

Take The Opportunity To Bail Before It’s Too Late 

The tremors rattling markets are not exactly what they seem to be. A meme prevails that these movements represent a kind of financial peristalsis – regular wavelike workings of eternal progress toward an epic more of everything, especially profits! You can forget the supposedly “normal” cycles of the techno-industrial arrangement, which means, in particular, the business cycle of the standard economics textbooks. Those cycle are dying.

They’re dying because there really are Limits to Growth and we are now solidly in grips of those limits. Only we can’t recognize the way it is expressing itself, especially in political terms. What’s afoot is a not “recession” but a permanent contraction of what has been normal for a little over two hundred years. There is not going to be more of everything, especially profits, and the stock buyback orgy that has animated the corporate executive suites will be recognized shortly for what it is: an assest-stripping operation.

What’s happening now is a permanent contraction. Well, of course, nothing lasts forever, and the contraction is one phase of a greater transition. The cornucopians and techno-narcissists would like to think that we are transitioning into an even more lavish era of techno-wonderama — life in a padded recliner tapping on a tablet for everything! I don’t think so. Rather, we’re going medieval, and we’re doing it the hard way because there’s just not enough to go around and the swollen populations of the world are going to be fighting over what’s left.

Actually, we’ll be lucky if we can go medieval, because there’s no guarantee that the contraction has to stop there, especially if we behave really badly about it — and based on the way we’re acting now, it’s hard to be optimistic about our behavior improving. Going medieval would imply living within the solar energy income of the planet, and by that I don’t mean photo-voltaic panels, but rather what the planet might provide in the way of plant and animal “income” for a substantially smaller population of humans. That plus a long-term resource salvage operation.

All the grand movements of stock indexes and central banks are just a diverting sort of stagecraft within the larger pageant of this contraction. The governors of the Federal Reserve play the role of viziers in this comic melodrama. That is, they are exalted figures robed in magical Brooks Brothers summer poplin pretending to have supernatural power to control events. You can tell from their recent assembly out west — “A-holes at the J-hole” — that they are very much in doubt that their “powers” will continue to be taken seriously. This endless hand-wringing over a measily quarter-point interest rate hike is like some quarrel among alchemists as to whether a quarter-degree rise in temperature might render a lump of clay into a gold nugget.

What they do doesn’t matter anymore. What matters is that a great deal of the notional “wealth” they conjured up over the past decade or so is about to vanish —poof! Perhaps that will look like a black magic act. That wealth seemed so real! The bulging portfolios with their exquisite allocations! The clever options! The cunning shorts. Especially the canny bets in dark derivative pools! All up in a vapor. The sad truth being it was never there in the first place. It was just an hallucination induced by the manipulation of markets and the criminal misrepresentation of statistics, especially the employment numbers.

There are rumors that the Grand Vizeress of all, Ms. Yellen, is flirting with possible indictment over the “leakage” of valuable information out of her inner circle to potential profiteers. Whoops. It may lead nowhere but to me it is an index of her more general loss of credibility. All year she has spouted supernaturally fallacious nonsense about how “the data” guides Fed decision-making. Only her data is contrary to what is actually happening in the pathetic Rube Goldberg contraption that the so-called US economy has become (Walmart + entitlements). Her “guidance” amounts to a lot of futile drum-beating on a turret of the Fed castle, hoping to make it rain prosperity. Her enigmatic utterances have kept financial markets in a narrow sideways channel most of the year until recently.

I’d say she’d lost her mojo, and the lesser viziers on the Fed board are looking more and more like the larval, sunken-chested dweebs that they really are. So where is the nation to turn? Why, to the great blustering Trump, with his “can-do” bombast about “making America great again.” What does he mean, exactly? Like, making America the way it was in 1958?” Behold: the return of the great steel rolling mills along the banks of the Monongahela (and so on)! Fuggeddabowdit. Ain’t gonna happen.

I have to say it again: prepare to get smaller and more local. Things on the grand level are not going to work out. Get your shit together locally, and do it in place that has some prospect for keeping on: a small town somewhere food can be grown and especially places near the inland waterways where some kind of commercial exchange might continue in the absence of the trucking industry. Sound outlandish? Okay then. Keep buying Tesla stock and party on, dudes. Hail the viziers in their star-and-planet bedizened Brooks Brother raiment. Put your head between your legs and kiss your ass goodbye.

Say Goodbye To Normal – We’re Going Medieval

Amidst the staggering diversity that is life on earth, there is a surprising thread of commonality. That shared ground is the language of genetics. Prior to the discovery of DNA, few suspected that a single molecular code could underpin such a panoply of biological forms – everything from viruses to talking apes. Even more startling was the discovery that this code consisted of a molecular language only four base pairs in length. It took evolution a billion years to devise this four-letter chemical code. Now for the first time in recorded history, organisms with a new, expanded, genetic code are taking shape in the laboratory. It’s no exaggeration to say that life on earth will never be the same.

Biotech Engineers Just Added Two INHUMAN Base Pairs To The Genetic Code — And Life On Earth May Never Be The Same 

While the playboy of biology, Craig Venter, has stolen many of the recent headlines in regards to synthetic biology, the more interesting advances in the field are occurring with surprisingly little fanfare. And not without good reason: many of the corporate labs pursuing synthetic biology have little cause to draw excess attention to themselves. They’ve learned all too well from the disastrous backlash against genetically modified foods that the public is not necessarily the wisest arbiter of scientific advancement. If we were to ban GMO crops tomorrow, half the population of the world would starve in short order. Yet this seems to be precisely what a large percentage of the “well-fed” in places like the United States are angling for. But I digress

Mobile & Wearable Devices Are Driving Beast-Tech Adoption For Banking—Predict Global [666?] Biometric System Within 5 Years

Goode Intelligence forecasts that by 2020, there will be over 620 million mobile banking app downloads that support biometrics for customer authentication and transaction verification. Additionally almost 160 million wearable devices will be benefiting from seamless biometric authentication for accessing banking services on a variety of wearables including smartwatches and bands. Alan Goode, author of the report and founder of Goode Intelligence said “The ability to provide secure and convenient customer authentication and transaction verification solutions to all bank channels, including the high-growth mobile channel, is vital if banks are to compete with challenger banks that do not have the issue of legacy technology infrastructure. Banks are looking for technology that can add simplicity to customer identification across all of their channels, whilst maintaining acceptable levels of fraud. If they can deploy a common authentication and identity solution across all banking channels, they can benefit from reduced deployment and management costs. Biometric technology on mobile and wearable devices allows banks to offer a common and frictionless authentication experience across a wide variety of bank channels.”

Consumers will hear more about a “liability shift” that takes place in October. The shift puts more pressure on merchants to add chip readers at register. Banks have more incentive to issue chip cards.

Techies are calling the upcoming shift in how we will use our credit cards at the store something like “dip the chip.”

It’s not a bad way of explaining things. Instead of swiping our plastic, we’ll be able to slide or dip our chip-equipped credit cards at chip-enabled terminals at the register. You might see the new way of doing things as soon as the next time you shop at Target or another big retailer.

A unique one-time code is generated every time a card with a chip is used, and a one-time code is hard for crooks to duplicate to make fake credit cards, according to card experts.

Chips aren’t entirely new. They’ve long been used in Canada and all across Europe. But the U.S. has been stuck in the swipe-and-sign mode for years. Beginning in October, though, some rules will change for merchants that will drive a shift into chip technology.

A week or so ago, my credit card issuer sent me a notice saying that I should be receiving a new EMV Chip Technology card for my MasterCard by October. Other consumers already have chip cards in hand.

Bank of America, for example, has been adding chip technology to its consumer credit cards since mid-2012 and started adding chips to debit cards last October. Bank of America said the vast majority of its debit card and credit card customers are expected to have cards with the microchip by the end of the year.

Chase said it plans to convert more than 70% of its credit card and debit cards to chip technology by year-end. The bank is also upgrading its ATMs to accept chip cards.

Some big-name retailers are rolling out new systems, as well. Target just finished setting up all of its stores to accept chip cards at its registers. Walmart and Sam’s Club stores began accepting chip-embedded credit cards last November.

What do you need to know about those chips? Here are five questions with answers.

1. Will the magnetic stripe on the back go away?


While major retailers are moving toward the chip terminals, many experts say smaller retailers are less likely to upgrade for some time.

Doug Johnson, senior vice president of payments and cybersecurity policy for the American Bankers Association, said less than half of merchants with point-of-sale devices in the store are expected to have chip-enabled systems in place by year-end.

While some merchants say the costs are too high, Johnson and others noted that options are available at fairly low costs, such as $30 or $40, to handle chip technology for those who use computer tablet devices at the register. The chip-and-sign devices, he said, are less costly than if we moved to a chip-and-PIN system. People will still sign for their purchases, typically, and not use a PIN with the chip credit cards.

It’s still going to take time to get the chip cards into the hands of consumers, too.

Stephanie Ericksen, vice president of Risk Products at Visa, said nearly 127 million — or about 18% — of all Visa cards at the end of July were chip-enabled cards. Those numbers will grow as we move into the holiday shopping season. Some banks are reissuing chip cards as credit cards reach expiration dates; others are rolling out cards in batches.

The industry expects that about 63% of credit and debit cards should contain EMV chips by the end of 2015. That’s expected to increase to 98% by the end of 2017, according to the Payments Security Task Force, which was formed in early 2014 and includes groups in the electronic payments industry, including banks, retailers and others.

2. What happens if I don’t get a new chip card soon?

“Nothing really,” said Gerri Detweiler, at

If you don’t get a new chip card by this fall, she said, you will still be able to use your current card. Remember, the consumer’s liability for fraudulent purchases does not change. You’d still have the same protections.

The chip technology focuses on in-store purchases and cutting down on fraud involving fake cards. It does not address online purchases, but other technology down the line would offer more secure online purchases.

3. How do I know if I have a chip card?

Look at the front of your card on the left-hand side. Do you see small metallic gold- or silver-looking rectangle, possibly above the first four digits of your card number? That’s the chip. The chip only provides extra security with a chip-enabled device. If you swipe, the extra level of security is not present.

4. What kind of mishaps can happen with the new chip cards?

New chip tech coming to credit cards

Consumers have to learn a new payment process but it’s not really rocket science.

“It’s a quick transaction,” said Randy Hargrove, a spokesman for Walmart in Bentonville, Ark. “Once you do it the first time, it’s certainly an easy transaction.”

Consumers just need to get used to doing things slightly differently at the store. Some stores once allowed you to swipe your card long before the clerk rang up the entire cart. The chip system is different. You need to wait to insert the card in the reader until all your items are rung up. The reason? The transaction itself is part of the coding process.

“You have to wait until everything has been totaled up,” said Michael Moesser, director of payments practices for at Javelin Strategy & Research.

You also have to wait a while for the process. Some clerks have had to tell customers to keep the card in the reader until they hear a beep or get another signal. Some shoppers think you can put the chip card in and pull it out of the reader quickly, and that’s not the case.

You must leave that card in the reader until prompted to take it out. You’re going to sign for the purchase, if a signature is required, while the card is in the reader, too.

Moesser is concerned that some consumers might forget to take the card out, particularly if they’re in a hurry.

But again, terminals give off a beep or might flash to let you know the transaction has been authorized and to remember to take the card.

Also, the chip isn’t going to help right now with online sales.

“The EMV chip technology is intended to combat card-present fraud in stores, specifically counterfeit cards,” Moesser said.

“Unfortunately, the chip technology does not apply to online purchases, where the physical card is not used in the transaction. Card issuers and banks are working with merchants to promote widespread adoption of existing security features, as well as develop new ones to combat online credit card fraud,” Moesser said.

Another possible point of confusion: Right now, some terminals at stores look like they can accept a chip but do not have chip functionality yet. Some of those systems will be turned on later.

Various banks, including Bank of America, are sending out step-by-step instructions with the card or listing tips online. Target has listed some chip tips for shoppers in a blog.

The Payments Security Task Force and the EMV Migration Forum are working to provide education on the chip model. Their website,, has information on the chips for consumers, issuers and merchants.

5. What is this October deadline that I’m hearing about the news?

Beginning Oct. 1, merchants who have not updated point-of-sale devices to recognize chips will be held liable if there is fraud at the register in the store if the bank has issued cards with chips. Whoever has the older technology is liable for fraud. If both the bank and the retailer have updated their technology, the liability falls back to the bank.

Right now, the bank assumes that liability.

While, as a consumer, your credit and debit cards will change as a result of the inclusion of the chip, you will still not be liable for any transactions you did not authorize on your cards.

DARK MATTER—THE UNSEEN 80 percent of the universe’s mass—doesn’t emit, absorb or reflect light. Astronomers know it exists only because it interacts with our slice of the ordinary universe through gravity. Hence the hunt for this missing mass has focused on so-called WIMPs—Weakly Interacting Massive Particles—which interact with each other as infrequently as they interact with normal matter.

Physicists have reasons to look for alternatives to WIMPs. For two decades, astronomers have found less dark matter at the centers of galaxies than what WIMP models suggest they should. The discrepancy is even worse at the cores of the universe’s tiny dwarf galaxies, which have few ordinary stars but lots of dark matter.

About four years ago, James Bullock, a professor of physics and astronomy at the University of California, Irvine, began to wonder whether the standard view of dark matter was failing important empirical tests. “This was the point where I really started thinking hard about alternatives,” he said.

Bullock thinks that dark matter might instead be complex, something that interacts with itself strongly in the way that ordinary matter interacts with itself to form intricate structures like atoms and atomic elements. Such a self-interacting dark matter, Bullock suspects, could exist in a “dark sector,” somewhat parallel to our own light sector, but detectable only through the way it affects gravity.

He and his colleagues have created numerical simulations that predict what the universe would look like if dark matter feels strong interactions. They expected to see the model fail. Instead, they found that it was consistent with what astronomers observe.

Quanta Magazine spoke with Bullock about complex dark matter, how this mysterious mass might behave, and the best places in the universe to find it. An edited and condensed version of the interview follows.

QUANTA MAGAZINE: What do we know about dark matter?

JAMES BULLOCK: We are confident that it’s there, that it has mass, and that it tugs on itself and on other things via gravity. That’s about it. While dark matter has a gravitational tug, it doesn’t interact with normal matter—the stuff that makes up you and me—in a very intense way. It doesn’t shine. It’s invisible. It’s transparent. It doesn’t glow when it gets hot. Unfortunately, those are the ways astronomers usually study the universe; we usually follow the light.

So we don’t know what it’s made of?

We’ve come to understand that we can describe the world that we experience by the Standard Model of particle physics. We think of the particles that make up you and me as being broken down into constituent things, like quarks, and those quarks combine into neutrons and protons. There is a complicated dance that allows these particles to interact in certain ways. It gives rise to the periodic table of elements and all of the vast complexity we see around us. Just 20 percent of the mass of the universe is all of this complexity.

On the other hand, dark matter makes up something like 80 percent of the mass. First-guess models for what it is suggests that it is one particle that doesn’t really interact with much of anything—WIMPs. These are collisionless, meaning when two dark matter particles come at each other they basically go through each other.

Another possibility is this 80 percent of the universe is also complex. Maybe there’s something interesting going on in what’s called the dark sector. We know that whatever ties us to the dark matter is pretty weak or else we would have already seen it. This observation has led to the belief that all the interactions that could be going on with dark matter are weak. But there’s another possibility: When dark matter particles see themselves, there are complex and potentially very strong interactions. There even could be dark atoms and dark photons.

Dark Matter May Be More Complex Than Physicists Thought 

US lawmakers have only a few weeks left to decide the fate of the Antichrist Iran nuclear deal. While it remains unclear whether Iran will be officially allowed to keep its nuclear program, the Bible offers some prophetic perspectives on the ultimate outcome of the accord and its implications for Israel and the Jewish nation.

Everything began when Antichrist NWO 666 US President Barack Obozo The 911 Homosexual Climate Change Clown announced the “framework” of a nuclear agreement with Antichrist Iran. Few people commented on the date of his announcement, though the significance was undeniable. Whether by chance or design, the president made the announcement on April 1, which on the Hebrew calendar was the 13th of Nisan.

In the story of the Jewish holiday of Purim, the 13th of Nisan is the day an evil member of the Persian court convinced King Ahasuerus to issue a decree ordering all the Jews of his kingdom to death. To some, Obozo’s choice of days seemed disturbingly appropriate.

It should be noted ancient Persia is now present day Antichrist Iran.

Perhaps it was not entirely unintentional when Israeli Prime Minister Benjamin 911 Netanyahu chose March 3, the 13th of Adar on the Hebrew calendar, the eve of that same Jewish holiday, to address a joint session of the US Congress in an appeal to lawmakers to reject the nuclear deal.

According to the story of Purim, the Jewish Queen Esther went in to address her husband, the Persian King, to attempt to convince him to repeal Haman’s decree. If the Biblical connection was lost on Obozo, it was certainly not lost on the prime minister, who said:

“We’re an ancient people. In our nearly 4,000 years of history, many have tried repeatedly to destroy the Jewish people. Tomorrow night, on the Jewish holiday of Purim, we’ll read the Book of Esther. We’ll read of a powerful Persian viceroy named Haman, who plotted to destroy the Jewish people some 2,500 years ago. But a courageous Jewish woman, Queen Esther, exposed the plot and gave for the Jewish people the right to defend themselves against their enemies.”

US lawmakers are expected to vote on the fate of the Antichrist Iran deal during the Ten Days of Awe, the 10 days of divine judgement between the holidays of Rosh Hashana, the New Year, and Yom Kippur, the Day of Repentance. In Jewish tradition, on Rosh Hashana God opens the book of judgment and on Yom Kippur he seals it.

The Yalkut Shimoni is the best known and most comprehensive anthology of the oral traditions of the Bible. The oldest known copy dates back to 1310 CE, though it is believed to be much older. The book contains a description of the current situation with Iran that could almost have come from a recent news source. In its commentary on the Book of Isaiah, the Yalkut Shimoni states:

“Rabbi Yitzchak said: ‘In the year in which the Messiah-King appears, all the nations of the world are provoking each other. The King of Persia provokes an Arab king and the Arab king turns to Aram for advice. And the King of Persia goes back and destroys the entire world. And all the nations of the world are in panic and distress and they fall upon their faces and are seized with pains like those of a woman giving birth, and Israel are in panic and distress and asking ‘Where shall we go? Where shall we go?,’ and He says to them ‘My sons, do not fear; all that I have done, I have done only for you. Why are you afraid? Do not fear, your time of redemption has come, and the final redemption is not like the first redemption, because the first redemption was followed by sorrow and servitude under other kingdoms, but the final redemption is not followed by sorrow and servitude under other kingdoms.”

As previously noted, Persia is now Antichrist Iran. Aram is generally considered to be Edom, which Bible scholars identify today as Europe.

The Biblical foresight of the Antichrist Iran nuclear deal have important implications for the future. While the Antichrist Iran nuclear threat is real, just as Esther defeated an evil Persian enemy, so too will Israel and the Jewish nation prevail.

Prophetic Insights Shed Light on Possible Fate of Antichrist Iran Deal

Announcement from Italian energy company says field may hold 30 trillion cubic feet of natural gas; Egypt says parliamentary elections to take place in October.

‘Supergiant’ gas field found off Egyptian coast

Forget stocks, today was all about crude oil again…

WTI pushed into the green for August!!!

This is the biggest 3-day rise in WTI since 1990!!

And on the month… perhaps most notably, the perfect recoupling of crude and gold on the month!!??

3 Bear markets and 3 Bull markets now in 2015 so far… perfectly tagging the 50-day moving-average today…

Having got that out of the way…Dow’s worst monthly drop since May 2010

Stocks got some lift from the momo-igniters -but once NYMEX closed, it was over. Stocks traded in a relatiovely narrow range glued to VWAP after the overnight plunge… Small Caps outperformed as Nasdaq Underporformed…

Once again complete chaos on VIX ETFs…

VIX had its biggest monthly jump in history…

Finally – amid all the chaos in August, it appears there is a safe-haven… Gold outperforms

Stocks Suffer Biggest Monthly Drop In Five Years As Oil Spikes Most Since 1990

With every passing week that money markets rates remain pinned to the zero bound by the Fed, the magnitude of the financial catastrophe hurtling toward main street America intensifies. That’s because 80 months—– and counting—–of zero interest rates are fueling the most stupendous gambling frenzy that Wall Street has ever witnessed or even imagined. Sooner or later, therefore, this mother of all financial bubbles will splatter, bringing untold harm to millions of households which have been lured back into the casino.

The truth is, zero cost in the money market is irrelevant to main street. As we have repeatedly demonstrated the household sector is stranded at “peak debt” and, consequently, there is no interest rate low enough to elicit a spree of pre-crisis style consumer borrowing and spending. Based on the clueless jawing that occurred this weekend at Jackson Hole, the following simple chart that I laid out last week bears repeating:

On the eve of the financial crisis in Q1 2008, total household debt outstanding—including mortgages, credit cards, auto loans, student loans and the rest——– was $13.957 trillion. That compare to $13.568 trillion outstanding at the end of Q1 2015.

80 months of ZIRP and an unprecedented incentive to borrow and spend, households have actually liquidated nearly $400 billion or 3% of their pre-crisis debt.

Likewise, zero money market rates are irrelevant to legitimate business finance. That’s because no sane executive would finance the life blood of his enterprise—–the working stock of raw, intermediate and finished goods——in the overnight money market; and, self-evidently, free overnight money is beside the point when it comes to funding long-term, illiquid but productive assets such as plant, equipment and software.

In fact, the only impact that free money market funding has on corporate America is round-about and perverse. To wit, it flushes money managers into a desperate quest for yield and provides stock speculators with endless opportunities to load up their trucks with zero cost carry trades, thereby driving the stock averages to lunatic heights.

As a result of this double-whammy, the C-suites of corporate America have been turned into glorified gambling parlors. The stock option obsessed executives domiciled there are endlessly and overpoweringly presented with the opportunity to sell cheap corporate credit to yield-hungry fund mangers and use the proceeds to buyback their own over-priced stock or to acquire at a hefty premium the equally over-priced stock of their competitors, suppliers and customers, or any other company that Wall Street bankers happen to be peddling.

Again, as I demonstrated last week, after 80-months of the absurd proposition that money has no natural and inherent economic cost the pettifoggers who held forth at Jackson Hole betrayed no clue whatsoever that they are aware of the obvious:

In short, the Fed’s 2% target as practiced in the Eccles Building and gummed about by Fischer last Saturday is nothing more than the arbitrary concoction of one demonstrably erroneous and obsolete school of economics. Over the past two decades these Keynesian statist throwbacks to the 1930s have infiltrated the boards and staffs of most of the world’s central banks——and have used their unlimited resources to hire most of the worlds so-called “monetary economists” to write self-justifying studies and perform “research” that is more in the nature of what used to be called “agit prop”.

At the same time, how could the legions of financiers, fund managers, economists, strategists and traders who inhabit Wall Street possibly object——-even if they have no use whatsoever for the Keynesian religion of Fischer and his sidekicks?

The answer is in the chart below. Under the guise of its silly and arbitrary Humphrey-Hawkins targets the academic fools and crony capitalist opportunists who inhabit the Fed have been delivering a relentless drip of monetary heroin to the casino gamblers 80% of the time over the last 25 years.

When the next financial bubble crashes it can only be hoped that this time the people will grab their torches and pitchforks. Stanley Fischer ought to be among the first tarred and feathered for the calamity that he has so arrogantly helped enable.

Guest Post: Stanley Fischer Speaks – More Drivel From A Dangerous Academic Fool

In the movie Back to the Future Part Two, the film’s characters, Marty, Doc, and Jennifer, go into the future (2015) using a time-traveling DeLorean car. However Biff Tannen steals the time machine to give his younger self a book containing 50 years of sports statistics, which allows him to make a fortune through gambling. Ironically, Biff makes his first bet on his birthday, October 21, an important date in the film’s timeline. Putting “alternative futures” aside, the film suggests that sometimes you have to go back to the past to uncover the future. Is it possible that in Mankind’s past there is an historical event which acts as a code, enabling us to predict the future of stock markets and the global financial system?

In January 2014 the Managing Director of the International Monetary Fund, Christine Lagarde, addressed prominent members of the media and made numerous odd, occult-sounding references, even using the term “magic,” and referring to numerology with an emphasis on the number seven. People have tried to dismiss the concern about her odd statements as a “conspiracy theory,” but she is definitely communicating a message on behalf of the global elite on the future of our global society and global financial system. If you understand anything about the significance of the number seven in the occult and numerology, she is not just rambling incoherently.

Then while speaking at the Council on Foreign Relations in Washington D.C. on January 15, 2015, Lagarde gave another occult speech entitled “Three Rosetta Moments for the Global Economy in 2015.” Perhaps one of the first researchers to publicly comment on the occult nature of her presentations was author Steve Quayle, but he is not alone… numerous others believe she was giving a hidden message.

If we understand that the world’s first global economic market began in ancient Babylon at the Tower of Babel, then the current and future global economic system, global system of governance, and global religion all start to make sense; in fact, you could plan your financial future and investments on the data which we call the Babylon Code in our new book with that title.

After over 40 years of research, I and my co-author Troy Anderson, a Pulitzer Prize-nominated journalist, have concluded that we live in the exact time period when Babylon is literally being rebooted before our very eyes. For those who will bother to take the time to understand the financial, geopolitical, and spiritual implications of this, there is much to be gained from this information. In a manner more statistically reliable than Nostradamus, Edgar Cayce, and the most competent astrologers, the Old Testament prophets and the New Testament apostles like John give us a precise timetable predicting the return of economic, political, and spiritual Babylon in our day.

The Tower of Babel was an astrological worship tower built by Nimrod, which enabled the people to reach into the heavens and “worship the host of heaven.” This occult spiritual system, which is known as “Mystery Babylon,” is a coded system that relies heavily on an occult understanding of astrology, numerology, symbols, precise dates, and a vast spectrum of technology and science that was given to Mankind on Mount Hermon before the Flood of Noah.

Lagarde and the global financial elite fully understand the geopolitical realities of the rise of Babylon, and, true to their creed, they are “hiding” it from us in plain sight! During her first speech, when Christine Lagarde mentioned things like seventy years and the number seven repeatedly, you could hear the journalists laugh in the room because they mistakenly thought she was making a joke. But Lagarde was not joking; she was openly giving them the key to understanding what she referred to as the “global reset,” which was mentioned in her title, “Three Rosetta Moments for the Global Economy in 2015.” Lagarde and the financial elite that she is part of literally went “back to the future,” and revealed, in an ancient Babylonian code, if you know how to decipher it, three important global changes that are happening now. The first will be the transformational changes in global economics that will result in an entirely new global financial system. The second transformation will be the global implementation of structural reforms that will include the passing of comprehensive trade treaties, expanding the power of global financial institutions like the IMF, World Bank, and Central Banks, including America’s Federal Reserve System. The third transformation will be global financial and political regulation through the establishment of a “Supra World Economic and Global Government,” whose regulatory institutions will direct “sustainable development,” which means implementing the genocidal Agenda 21 and new climate change treaties.

Lagarde and the world’s elite are very familiar with what the Bible calls, “Mystery Babylon.” They understand the purpose of the Egyptian Mystery Schools and the symbolism involved. Lagarde’s “Rosetta Stone Moments” are designed to explain to the initiated what is going to happen.

Lagarde and the global financial elite fully understand the “Rosetta Stone” analogy. The Rosetta Stone was unearthed in 1799 by Napoleon’s troops stationed along the West Bank of the Nile River in Egypt. The discovery of the Rosetta Stone, which was a commemorative pillar with the same inscription in Egyptian hieroglyphics, Demotic, and Greek, enabled linguists to decode and decipher the ancient Egyptian hieroglyphics. The Rosetta Stone sets down a decree composed by Egyptian priests at Memphis, exercising their political will on the direction of their civilization. Deciphering the Rosetta Stone stimulated a deep fascination in the West with Egyptian civilization, symbolism, architecture, and spirituality. The George Washington Masonic National Memorial in Alexandria, Virginia replicates the ancient Pharos Lighthouse of Alexandria, Egypt, one of the seven wonders of the ancient world.

The Washington Monument built in our nation’s capital, features a towering Egyptian obelisk celebrating our nation’s first president, George Washington, and his Freemason beliefs. It is important to note that the global elites such as the Illuminati embraced Egyptian architecture, symbolism, mathematics, and spirituality when America was officially founded in 1776…the same year the Illuminati was established. In the 1750s Egyptian features were placed in Masonic lodges in England, France, and Central Europe. The use of the French Master Mason’s apron, which paintings of George Washington feature him wearing, were common, along with Egyptian temples, obelisks, and pyramids. Even in the Vatican City, one sees obelisks and Egyptian architecture.

Freemasons included almost every major thinker of the French Enlightenment. Lagarde appears to come from the Illuminati elite who are well versed in Egyptian symbolism and occult spirituality, which ties directly to ancient Babylon. Ancient Egyptian culture was inspired by ancient Babylon; Egypt simply changed the names of the gods and goddesses and other externals. For example, Nimrod, the builder of the Tower of Babel and ancient Babylon, along with his wife Semiramis, simply had their names changed. Nimrod was renamed as the sun god Ra by his wife Semiramis after she allegedly murdered him. As time progressed, both Nimrod and Semiramis had their names changed. Nimrod became Ra, Osiris, Apollo, Zeus, Neptune, etc. Semiramis became Isis, Aphrodite, Venus, Diana, etc.


The Illuminati are openly rebuilding Babylon in our lifetime. Babylon was physically located near the present city of Baghdad in Iraq and was being rebuilt by Saddam Hussein. Today American troops are guarding ancient Babylon as it is being secretly rebuilt. America was planned by Rosicrucian leaders like Sir Francis Bacon in the mid- 1600s to be the head of the new world order and the New Atlantis. In this new global Babylonian system which Lagarde is making concealed references to, America, Europe, and a rebuilt Babylon will all play leading roles. Simply look at the back of any U.S. dollar and you see an Egyptian pyramid with the all-seeing eye of Horus or Lucifer and the words “new world order” in Latin on the base of the Pyramid.

When Lagarde talks about the a global reset, she is talking about the return of the one world economic system, one world government, and one world religion that characterized ancient Babylon and the Tower of Babel. The purpose of the structural “reforms,” financial regulations, Trade Treaties, etc. is to crash the global economic system in the near future, which will allow the financial elite to wipe out debts, protect their wealth, and then create a new global currency that will soon be cashless. On the other side of the U.S. dollar is a picture of a legendary bird called the Phoenix, a bird that is burned up in flames but supernaturally comes back to life, rising from the ashes. This is the future of America and other parts of the world. The world’s elite has carefully planned the destruction of America, and plan for a new America resembling Babylon that will rise from the ashes. This will mean a new world currency along with a new world economic, political, and religious order.

It Is Happening! FEMA Camps, Martial Law, RFID Implants, One World Global Control By The UN – Dick Morris: Those “Crazy” Conspiracy Theorists, ‘Now They Are Right’

Antichrist Crypto Fascist NWO 666 Solomon Brothers Building 7 911 United Nations 2015-16 Zenith Light Plague Baal Bucketing Jewish IllumiNazi Petrus Romanus Islamic Peace And Security Skull & Bones Burning Of The Tares

8(29-30)15 Gleaning Now The Turning Prophetic Stone Upon Ten Toes

In the last update a few weeks ago attention was brought to the coming conjunction this Friday on August 7th between Jupiter-Mercury-Regulus. Conditions will have to be ideal on the western horizon just after sunset to see this conjunction. Those in the Southern Hemisphere are more likely to observe this event. However, one item escaped observation of this coming date.

The conjunction this Friday was noted to be 777 inclusive days before the Feast of Trumpets 2017 and that it was also one lunar year (354 days) after the first significant conjunction of Venus-Jupiter on August 18, 2014. These times added together are 1131 days, which is also equal to 360 x pi days before the Feast. Then other calculations of pi concerning the Feast of Trumpets 2017 were demonstrated in relation to the second significant conjunction of Jupiter-Venus on July 1, 2015 (814 days = 7 solar years dived by pi). This was a fair amount of pi(e)!

There is another constant that is found in nature and that is phi. Phi is equal to 0.618 or 1.618. It is the ratio of the golden rectangle and the ratio found throughout the human body and nature. It is also called the golden proportion. One’s elbow lands at the phi ratio of one’s arm and then the wrist between the elbow and finger tip. The ratio spans Creation. That ratio has been found many other times in this ongoing work and now it has been found again.

The 777 days before us until The Feast of Trumpets 2017 are pretty unique. Those days run through the phi calculation are reduced to 480 days. Those days inclusively before this Friday will bring us back to April 15, 2014. This was the day of the first eclipse of the lunar tetrad. It is indeed amazing how that works so nicely.

To get more precise in the equation, the lunar eclipse on April 15, 2014 was at 7:44 UTC. This Friday’s meeting of the three looks to be closest at about 17:44 UTC on August 7, 2015. At that time the three form an equilateral triangle. That duration then comes to 479 days and 10 hours. This would mean that at noon in Jerusalem on the Feast of Trumpets (10:00 UTC) it would then be another 775 days and 16 hours duration from August 7th. This comes to 11,506 hours to be divided by 18,616 hours. This results in 0.61807048. Plus or minus a few minutes, the calculation of the Friday’s conjunction of the three is at the precise phi ratio of the time from the first lunar eclipse of the tetrad until the Feast of Trumpets 2017. Adding 42 minutes after noon local time in Jerusalem on the Feast of Trumpets would make it at 0.61800000.

Is this a random chance? Those who fail to believe will think that it is, but it is not just the golden proportion, it is all of it factored together. The odds are literally astronomical, but it happens because of the One who is in control of that astronomy. God is warning us and we have many witnesses that we are on the precipice of the Day of the Lord. Now is the time to make sure you have put your trust in Jesus the Messiah, the Savior of the world.

The Phi-nomenal Phi in the Signs

There is even more Phi

One day after the above discovery another ratio of phi was found among the signs. Then a day after that another ratio of phi was found. Sometimes sorting through all the data, things do get missed. This, however, adds credibility since the significant dates and signs were already found via other means and, therefore, the other ratios of phi make it impossible to have been manipulated by the author. The proportionality clearly exists.

The second use of phi was to begin with the first conjunction of Jupiter-Venus on August 18, 2014. That day was initially found to be 1131 days before the Feast of Trumpets 2017. This also calculated to 360 times pi. The next sign in the phi calculation turns out to be the third conjunction of Jupiter-Venus on October 25, 2015. This day is 700 days before the Sign of the Woman of Revelation 12 on September 23, 2017. The 700 days was curious since the previous phi calculation involved 777 days. So it was then time to hit the calculator.

The phi calculation discovered stretches from the first Jupiter-Venus conjunction until the Sign of the Woman. That span of time is 1133 days. The third conjunction of Jupiter-Venus is then 700 days until the Sign of the Woman. 1133 days multiplied by phi (0.618) equals 700 days. For that to exist between three signs is nothing short of incredible. It cannot be random or by chance and this is only part of the equation. This is said because this calculation of phi can then be flipped making the third use of phi here absolutely phenomenal.

The third instance of phi is to keep the start and end dates of the last calculation. Again we are looking at the 1133 days from the first conjunction to the Sign of the Woman. However, this time instead of 433 and 700 days, it is reversed to 700 and 433 days. Therefore, there must be a sign 700 days after the first conjunction of Jupiter-Venus in Cancer on August 18, 2015. This would seem to be a tall order, but wait. What if the sign were to also occur in virtually the same spot in Cancer as the first Jupiter-Venus conjunction did? Right next to the Beehive? Well, that is what will happen.

On July 17, 2016 Venus and Mercury have a conjunction in Cancer next to the Beehive. This was first discussed on November 8, 2014 here. There were other factors in seeing the July 17th conjunction as significant, but with the factor of phi, it makes it even more significant. A double use of phi in the same parameters has been seen before among other signs. The Venus-Mercury conjunction of July 17, 2016 will come 433 days or 700 times phi days before the Sign of the Woman. It is believed here that the Sign of the Woman comes two days after the Rapture as a sign for Israel that the woman will now go through travail, delivery, and hence, Tribulation.

It really could not be clearer that we must look to the Messiah now and believe that Jesus died for us and that we trust he is able to save us, for we cannot save ourselves. Two of the conjunctions here are in the sign of Cancer that speaks of the multitudes protected just as Jesus said he would come for us to be with him before the Day of the Lord comes. Now is the time to secure that promise, if you haven’t already.

The Shemitah is About to End 

“I believe the current blood moons also signal the end of an era,” he said.

Biltz notes there’s something else unique about this tetrad: its convergence with biblical holy days.

The April 15 event in 2014, for example, happened during Passover. On Oct. 8, 2014, the blood moon occurred during the Feast of Tabernacles, or Sukkot. Another of the blood moon’s occurred during Passover on April 4, 2015. The last will happen on Sept. 28, 2015, another Feast of the Tabernacles.

A blood-moon tetrad also occurred in 1493, while the Jews were being expelled from Spain. Another tetrad occurred in 1949, soon after the state of Israel was founded. The last tetrad happened in 1967, during the Six-Day War between Arabs and Israelis.

Biltz discovered what has become the “blood moon phenomenon” in 2007, researching the correlation between when blood moons fell on feast days and key historical world events. He found the divine link between prophecy, heavenly signs, historical events and when they intersect.

The following is the concluding chapter in Biltz’s “Blood Moons.”

Blood Moons Chapter 8: The Conclusion of the Matter

By Mark Biltz

“To everything there is a season, and a time to every purpose under the heaven” (Eccl. 3:1). We now know how true this is. For God, it is all about the times and seasons for His every purpose. This is why Paul says that “concerning the times and the seasons, brethren, you have no need that I should write to you” (1 Thess. 5:1). As I said in the previous chapter, he is talking about the feasts of the Lord! In this chapter, I want to tell you a little more about the shemittah year and how important it is to God.

We find in Leviticus “Six years thou shalt sow thy field, and six years thou shalt prune thy vineyard, and gather in the fruit thereof; but in the seventh year shall be a sabbath of rest unto the land, a sabbath for the Lord: thou shalt neither sow thy field, nor prune thy vineyard” (Lev. 25:3–4). The seventh year, or shemittah, was also to be a time when the servants were set free: “If thou buy an Hebrew servant, six years he shall serve: and in the seventh he shall go out free for nothing” (Ex. 21:2). Because Israel did not obey this commandment, they had to spend seventy years exiled in Babylon. We see God’s judgment pronounced in the book of Jeremiah:

Thus saith the Lord, the God of Israel; I made a covenant with your fathers in the day that I brought them forth out of the land of Egypt, out of the house of bondmen, saying, At the end of seven years let ye go every man his brother an Hebrew, which hath been sold unto thee; and when he hath served thee six years, thou shalt let him go free from thee: but your fathers hearkened not unto me, neither inclined their ear. And ye were now turned, and had done right in my sight, in proclaiming liberty every man to his neighbour; and ye had made a covenant before me in the house which is called by my name: But ye turned and polluted my name, and caused every man his servant, and every man his handmaid, whom ye had set at liberty at their pleasure, to return, and brought them into subjection, to be unto you for servants and for handmaids. Therefore thus saith the Lord; Ye have not hearkened unto me, in proclaiming liberty, every one to his brother, and every man to his neighbour: behold, I proclaim a liberty for you, saith the Lord, to the sword, to the pestilence, and to the famine; and I will make you to be removed into all the kingdoms of the earth. (Jer. 34:13–17)

God foretold this in Leviticus 26:33–35: “And I will scatter you among the heathen, and will draw out a sword after you: and your land shall be desolate, and your cities waste. Then shall the land enjoy her Sabbaths, as long as it lieth desolate, and ye be in your enemies’ land; even then shall the land rest, and enjoy her Sabbaths. As long as it lieth desolate it shall rest; because it did not rest in your Sabbaths, when ye dwelt upon it.”

Daniel understood this when he referred to Jeremiah: “In the first year of his reign I Daniel understood by books the number of the years, whereof the word of the Lord came to Jeremiah the prophet, that he would accomplish seventy years in the desolations of Jerusalem” (Dan. 9:2). This sabbath year, or shemittah, has become a year of judgment instead of a year of blessing for those who do not obey. There is an incredible connection here.

Many of you may remember the comet Shoemaker-Levy 9, which broke into pieces. This historic event took place from July 16 through July 22, 1994. Twenty-one fragments had catastrophic effects as they collided with Jupiter. It just so happens that weekend was also the weekend of the ninth of Av, and it was a shemittah year! Not only that, the Torah portion for that weekend was Deuteronomy 1–6, which in Hebrew is called Devarim, which means “These are the words.” It is almost as if the Lord was saying, “Listen to Me: I am speaking to you about coming judgment.” Seven times three is twenty-one, so I felt that God was saying that the next three shemittahs would be times of judgment. So what happened in the next shemittah year?

On September 17, 2001, or Elul 29, the day before Rosh Hashanah, the Dow Jones average saw its biggest drop ever, at 7 percent. Seven years later, on September 28, 2008 (which was also Elul 29), the day before Rosh Hashanah, the Dow fell 777 points, or another 7 percent! Do you see any connections here? Now, we are coming to the third and final shemittah since 1994, when Jupiter was hammered. Could the coming blood moons signal our third strike, and we will be out economically? We already see the signs of economic collapse coming, with America being so much in debt and our government in a comatose condition.

The Bible says that in the last days, knowledge will be increased (Dan. 12:4). This is not only secular knowledge but biblical insight as well. There will not be another tetrad happening on the biblical holidays in this century! This is the last warning. In the mouth of two or three witnesses let everything be established (2 Cor. 13:1). We have had the first two tetrad witnesses after Israel became a nation and then again when they recaptured Jerusalem. This is our third warning. I am not prophesying or predicting what will happen over the next two years, but if you look at the Scriptures alongside the patterns of history, we can definitely say two things. Based on what happened in 1948 and in 1967, there is a high probability of a major prophetic war that will involve Israel. At least a few major biblical wars are yet to come: the Isaiah 17 war, the Psalm 83 war, the Ezekiel 38 war, and the Zechariah 14 war. War often has a huge effect on the economy, which, based on the shemittah-year pattern, could be the other high-probability event.

To me, all these signs, coming together at one time, are potentially the culminating signals that God is closing this chapter of human history. This could be the final curtain call before the Great Tribulation mentioned in the Bible. God has always wanted to warn His people, and the rest of the world, before He intervenes. What better way to communicate to us than through the universal language of heavenly signs that speak to every tribe, tongue, and nation?

I conclude with a final thought. In Leviticus 23:3, Moses proclaimed: “Speak to the sons of Israel and say to them, The feasts of the Lord, which you shall proclaim, holy convocations, even these are My appointed feasts.” According to Strong’s Concordance, the Hebrew word for “proclaim” gives the idea of accosting a person met: calling out to or addressing by name them that are bidden, or to invite, mention, publish, or read. This tells us that we are responsible to “proclaim” the feasts of the Lord to others. We are to bid them to come to the wedding! It’s hard to imagine, but there are people who do not want to come to the wedding of the Messiah! Yet we are responsible to bid them to come. We see this in the New Testament too:

A certain king, which made a marriage for his son, . . . sent forth his servants to call them that were bidden to the wedding: and they would not come. Again, he sent forth other servants, saying, Tell them which are bidden, Behold, I have prepared my dinner: my oxen and my fatlings are killed, and all things are ready: come unto the marriage. (Matt. 22:2–4)

What is so unbelievable to me is what happens next: “But they made light of it, and went their ways, one to his farm, another to his merchandise” (v. 5). This concept is restated in another way in the Gospel of Luke:

Then said [Yeshua] unto him, A certain man made a great supper, and bade many: and sent his servant at supper time to say to them that were bidden, Come; for all things are now ready. And they all with one consent began to make excuse. The first said unto him, I have bought a piece of ground, and I must needs go and see it: I pray thee have me excused. And another said, I have bought five yoke of oxen, and I go to prove them: I pray thee have me excused. And another said, I have married a wife, and therefore I cannot come. So that servant came, and shewed his lord these things. Then the master of the house being angry said to his servant, Go out quickly into the streets and lanes of the city, and bring in hither the poor, and the maimed, and the halt, and the blind. (Luke 14:16–21)

The Creator of the universe is calling you by name to come to the great supper! Will you come? And He asked those of us who are His servants to go and bid others to come to His Feast!

In the book of Daniel, Belshazzar could not read the “writing on the wall” (Dan. 5). Now that you understand the signs that are coming in the heavens and the timing of them on God’s feast days, you can read the handwriting in the heavens! God is writing His message this time so the whole world can see it. And He is asking you to run with the interpretation of His message. But we must run with understanding. The Great Tribulation may be upon us and time is short, for the Day of the Lord is at hand!

The two main things to remember is (1) that the body of Messiah needs to get on God’s calendar to understand the signs of the times, and (2) the reason we got off of it in the first place was because of the errant thinking behind replacement theology. This will be the critical issue in the last days, and here is why.

The book of Ruth is very prophetic. If you remember, Elimelech and Naomi were Jews living in Bethlehem. They had two sons: Mahlon and Chilion. There was no bread in Bethlehem, so they left their country. While they were exiled in a foreign land, for almost ten years, Naomi’s husband died and her two sons married two Gentiles: Ruth and Orpah. These women represent the Gentiles who are grafted into the covenant of Israel by the God of Abraham, Isaac, and Jacob. So Ruth and Orpah, in one sense, also represent the “Church” that is grafted into the Branch.

When Naomi, the Jewess, heard there was bread again in Bethlehem, off she went, back to the land of Israel. This represents the restoration of Israel back to the land in 1948. But Naomi’s two sons had also died by this time, so she told her two daughters-in-law not to follow her, but to instead go back to their people. Ruth cleaved to Naomi, but Orpah returned to her family and to her pagan gods. Naomi told Ruth: “Behold, thy sister in law is gone back unto her people, and unto her gods: return thou after thy sister in law. And Ruth said, Intreat me not to leave thee, or to return from following after thee: for whither thou goest, I will go; and where thou lodgest, I will lodge: thy people shall be my people, and thy God my God” (Ruth 1:15–16).

Ruth, whose name means “friend,” returned to the land of Israel and worked the barley harvest, which is at Passover! Ruth 2:23 says, “She kept fast by the maidens of Boaz to glean unto the end of barley harvest and of wheat harvest; and dwelt with her mother in law.” Ruth befriended the Jewish people; worked the harvest from Passover to Pentecost; ended up marrying the kinsman redeemer, Boaz; and brought forth the Messiah through King David!

What a story! So Ruth and Orpah represent the church in the final days. Orpah means “the back of the neck;” she turned her back on Israel and returned to her pagan lifestyle. The Babylonian Talmud says that Orpah begat Goliath, the enemy of Israel (Sotah 42b). So here we have the final epic battle lines being drawn in the church in these last days. The church will be divided between those who support Israel, work the harvest, and bring forth the Messiah, and those who turn their backs on Israel and form the one-world church. On one side will be those who love the God of Abraham, Isaac, and Jacob as David did, and this group will be small, as David was. On the other side will be the giant Goliath, the one-world church that hates God’s people and wants to see them destroyed.

Where will you be standing on that final day? The test will be when you mention God’s laws. When you say we should stand with the Jewish people, does an abnormal anger and hatred spew from their mouths? Do they allow the traditions of men to override the eternal truths of God’s Word?

As you have been reading this book, you may be experiencing what I experienced. It is the same thing that hundreds of people have told me over the last twenty years that they experienced when studying Christianity’s Jewish roots. When the eyes are opened the same statements are heard over and over: “I’ve been robbed!” or “Why wasn’t I ever taught this?” Then they get angry at their pastors for not ever teaching this. I have to tell them they can’t because people don’t know what they don’t know! If their pastors were never taught, how can you expect them to teach it? Some get mad or frustrated because they spent thousands of dollars on religious education only to find out they were given wrong or inaccurate information.

To them I say, come and join me! Invite your friends and explore the Bible from a whole new fresh perspective! For me, this has been a complete cycle from the very beginning where I ran away from home as a child only to find out I was loved all along. Now I have returned home again to my Heavenly Father and truly find rest by aligning myself with His schedule.

Blood moons tetrad is world’s ‘3rd warning’

remember – it isn’t just U.S. markets that are starting to go crazy. All over the planet stocks are crashing and recessions are starting. In fact, I can’t remember a time when there has been this much economic chaos erupting all over the world all at once.

CNN Tells Americans That The Stock Market Is Not Going To Crash 

Expect Even Greater Fireworks In September And October

In the process they have been drawing down their foreign exchange reserves by $400 billion. At the same time the Chinese have been dumping U.S. Treasuries. This has put pressure on yields. The market reaction this week has been to experience enormous destabilizing volatility, and this should lead to even greater fireworks as the markets head into September and October.

This Global Collapse Will Be Unlike Anything In Recorded History

Like the characters in Samuel Beckett’s Waiting for Godot, the world awaits the return of wealth and prosperity. But the global economy may be entering a period of stagnation.

Over the last 35 years, the economic growth necessary to increase living standards, increase wealth and manage growing inequality has been based increasingly on rising borrowings and financial rather than real engineering. There was reliance on debt-driven consumption. It resulted in global trade and investment imbalances, such as that between Antichrist Communist China and the Crypto Fascist US or 666 Socialist Germany and the rest of Europe riding the Antichrist NWO Beast.

Everybody conspires to ignore the underlying problem, cover it up, or devise deferral strategies to kick the can down the road.

Citizens demanded and governments allowed the build-up of retirement and healthcare entitlements as well as public services to win or maintain office. The commitments were rarely fully funded by taxes or other provisions.

The 2008 global financial crisis was a warning of the unstable nature of these arrangements. But there has been no meaningful change. Since 2007, global debt has grown by US$57 trillion, or 17 per cent of the world’s gross domestic product. In many countries, debt has reached unsustainable levels, and it is unclear how or when it is to be reduced without defaults that would wipe out large amounts of savings.

Imbalances remain. Entitlement reform has proved politically difficult. Financial institutions and activity dominate many economies.

The official policy is “extend and pretend”, whereby everybody conspires to ignore the underlying problem, cover it up, or devise deferral strategies to kick the can down the road. The assumption was that government spending, lower interest rates and supplying abundant cash to the money markets would create growth. While the measures did stabilise the economy, they did not lead to a full recovery. Instead, they set off dangerous asset price bubbles in shares, bonds, real estate and even fine arts and collectibles.

Economic problems are now compounded by lower population growth and ageing populations; slower increases in productivity and innovation; looming shortages of critical resources, such as water, food and energy; and man-made climate change and extreme weather conditions. Slower growth in international trade and capital flows is another retardant. Emerging markets, such as Antichrist Communist China, that have benefited from and recently supported growth are slowing. Rising inequality affects economic activity.

For most people, the effect of these problems is unemployment, reduced job security, the deskilling of many professions and stagnant incomes. Home ownership is increasingly out of reach for many. Retirement may become a luxury for all but a few, reflecting increasing difficulty in building sufficient savings. In effect, living standards will decline. Future generations will bear the bulk of the cost as they are left to tackle the unresolved problems of their forebears.

Governments are unwilling to tell the truth about the magnitude of the economic problems, the lack of solutions and cost of possible corrective actions to the electorate. Politicians have taken regard of historian Simon Schama’s comment that no one ever won an election by telling voters it had come to the end of its “providential allotment of inexhaustible plenty”. The official policy articulated, in a moment of unusual candour, by Jean-Claude Juncker, the current head of the European Commission, was that when the situation becomes serious it is simply necessary to lie.

Ordinary people are complicit; refusing to acknowledge that maybe you cannot have it all. They sense that the ultimate cost of the inevitable adjustments will be large. It is not simply the threat of economic hardship; it is fear of a loss of dignity and pride. It is a pervasive sense of powerlessness.

The political and social response is likely to be volatile. It was the fear and disaffection of the middle class who had lost their savings in the events of Great Depression that gave rise to totalitarianism.

For the moment, to paraphrase Alexander Solzhenitsyn, the “permanent lie [has become] the only safe form of existence”. But the world cannot postpone, indefinitely, dealing decisively with the economic, resource management, social and political challenges we face.

The End Of “The Permanent Lie” Looms Large 

Here is what he said:

Sometimes the criticism directed at our policies implicitly attributes responsibility for the low interest-rate environment to central bank policies. But the truth is precisely the opposite: central banks are simply reacting to and trying to correct a situation that they did not create. Indeed, medium and long-term market interest rates are mostly influenced by investors and market players, as the recent so-called “bund tantrum” illustrates.

Huh? Suddenly central bankers are pulling the Obozo Clown ‘defense’ – it was all the “other guy’s fault”. But why? And if the current unprecedented regime of ubiquitous central planning is not the central planners’ fault, then whose fault is it?

Well, according to the same ECB comedian, it is the market’s fault: the same markets that haven’t existed since 2009 when the only “trade” was to frontrun, drumroll, the central bankers.

It gets better, because suddenly Constancio decides to completely lose logic and blame low rates on… low rates.

More importantly though, it should be pointed out that for a few decades now we have been witnessing a sort of secular trend towards lower real interest rates. This trend is related to secular stagnation in advanced economies, resulting from a continuous deceleration of total productivity growth and an increase in planned savings accompanied by less buoyant investment prospects. Monetary policy short-term rates are low because of those developments, not the other way around. At the same time, our monetary policy has to be accommodative precisely in order to normalise inflation and growth rates, thereby opening up the possibility of higher interest rates.

Actually, dear Vitor, the only reason there is secular stagnation now is because of the $200 trillion in global debt your policies have enabled: debt, which even McKinsey and the IMF, i.e., very serious institutional participants, admit needs to be washed away for global growth to have even a remote chance.

But the moment Constancio’s speech jumped the printer was this:

Furthermore, in the present short-term conditions, with no fiscal room for manoeuvre, it is monetary policy that has the capacity to create the hope that this normalisation will protect savers in the future and improve net margins for banks.

Get this: a VP for a central bank… whose deposit rate is negative… which forces savers to pay the banks for the privilege of holding their cash… is suddenly concerned about “protecting savers.”

One couldn’t make this up.

The good news is that finally central bankers are scared: otherwise they wouldn’t be deflecting public anger from their actions and blaming the “market” – a market which may have existed once upon a time, but in a world with $22 trillion of central bank liquidity is just a fond memory.

Here is to hoping that whatever is scaring these same central planners, finally forces them to admit what has been clear to most for the past 7 years: the money printing emperor has been naked from day one. And to finally leave and never come back, allowing this so-called “market” to return and wipe away 7 years of parasitic policies that have only benefited the top 1% of the population while crushing everyone else.

^^^This is who needs to be hung next to every Antichrist NWO 666 Crypto Fascist 2 Party Puke.

A Very Unexpected Statement From A Central Banker: “We Are Merely Reacting To A Situation We Did Not Create” 

the point of the propaganda video is not to promote Antichrist ISIS coinage, which will never exist; the point – as the nuanced, C-grade made in Hollywood propaganda goes, is to pitch an anti-Fed, anti-fractional reserve, pro-gold standard ideology, and make it equivalent to the evil terrorist thoughts spread by the Antichrist Islamic Jihadist group.

And just like that, Austrian Economics has been reduced to a terrorist ideology, and anyone harboring the same “evil” misconceptions as those spread by the “Antichrist Islamic State’s” media propaganda outlet have become an enemy of the US state.

So how to avoid becoming accidental drone fodder? Why by renouncing all evil, terrorist thoughts of a “satanic conception of banks” and a “capitalist financial system of enslavement, underpinned by a piece of paper called the Federal Reserve note.” In fact, just swear on any given Keynesian Economics 101 textbook and you should be ok.

And just remember: BTFD, and have faith in the Fed, and you won’t be suspected of harboring pro-Antichrist ISIS thoughts! <–LMAO

The video that was “made by Antichrist ISIS” and which is really just a 55 minutes crash course in Austrian Economics – which is now apparently equivalent to terrorism – can be seen below, at least until the website administrator removes it because it is too evil, and anyone caught watching its evil anti-Fed message deserves to be droned.

Austrian Economics Is Now Equivalent To Terrorism Thanks To Latest Antichrist Islamic State “Gold Standard” Propaganda Clip 

This year, Rosh Hashanah could not come at a better time. With the American Jewish community being torn between support and rejection of the Iran deal, the growing rift between supporters and opposers of the policies of Israeli Prime Minister, Benjamin Netanyahu, and the reemerging dispute over conversion laws between Israeli orthodox Jews and the progressive views of the majority of American Jewry, it seems that the new year, with its customary element of introspection, could hardly be more timely.

The added woe of a looming rupture between the Obama administration and large swaths of American Jewry of all denominations, to the point of being referred to as “warmongers,” adds further urgency to the requirement to understand where we are, how we’ve come here, and how we move forward from here.

The words, Rosh Hashanah, come from the Hebrew words, Rosh Hashinui—the beginning of change. Besides food and family gatherings, Jewish festivals have profound meanings. Rosh Hashanah is not just the beginning of the Hebrew calendar, but is a symbol of renewal. It is when we begin to scrutinize ourselves and determine how we want to improve ourselves.

We taste from a fish’s head to state that we want to be the head and not the tail, meaning that we want to determine our path and not blindly follow the herd. We eat pomegranate seeds, where each seed stands for a desire we have discovered within us, and which we want to learn to use for the benefit of others, and not selfishly. And we eat an apple, the symbol of the sin (of self-centeredness), and sweeten it with honey, symbolizing learning to use even that primordial temptation altruistically.

The people of Israel coined the saying, “Love your neighbor as yourself,” and to various degrees implemented it until the ruin of the second Temple. All of our festivals symbolize milestones along the path of transformation from the evil inclination—namely egoism—to altruism, where we love our neighbors as ourselves.

It is written in the Mishnah and the Gemarah (and countless other texts) that the only reason why the second Temple was ruined is unfounded hatred. That is, when egoism takes over, we fall. We have been established as a nation only when we vowed to be “as one man with one heart.” When we broke that vow we were dispersed and exiled.

No less important than our vow to be as one was the promise we received that we would be a light for the nations. But in the absence of the bond between us, what light do we emit? When we are united and project that unity, we become a light for the nations and cannot be referred to as “warmongers” because we spread unity.

Today’s biggest problem is the global mistrust we see on all levels. One by one our illusions shatter. The government cannot be trusted, as former NSA employee, Edward Snowden, has proven. Spouses also cannot trust each other these days, and the Ashley Madison fiasco only exposed a well known state of affairs. Who can we trust? I’ll spare you the dismal examples that answer this rhetoric question, but it is clear that we are growing increasingly alienated from each other—the opposite of the unity and brotherly love that are so vital for survival in a world where everyone depends on everyone else.

The more we pursue the current trend, the greater the pressure that will be applied on the Jews. Deep down, the world remembers that the Jews once knew the secret to proper human connection. When that memory surfaces, it is vented out as accusations that we are warmongers, manipulators, and other “compliments” that have become part of the anti-Jewish lingo.

Although we, too, are disconnected, but we are the ones who can and must rekindle our unity. It is with good reason that Jerusalem Post wrote in an editorial: “The Antichrist Iran deal is a single issue that as important as it might be for all sides does not justify jeopardizing Jewish unity.” We may still be very far from unity, but here at least is a recognition of the indispensability of this unjustly derogated value.

So this Rosh Hashanah is an amazing opportunity to really make it Rosh Hashinui, and begin to change how we relate to one another. As we gather with family and friends, we must make it a point to rise above our differences and find the common goal of unity. And when we do that, the previously mentioned woes will be no more, since if you look at them, you’ll see that all of them derive from one and only origin—our overblown egos.

This year, let’s spread some honey on our overblown egos, symbolized by the apple (Heb: tapuach, from the word, tafuach [bloated]), and sweeten them with unity. This is all we need; this is all the world needs; and it is the key to our lasting happiness.

Rosh Hashanah—the Beginning of Change

34 “Don’t ·think [suppose] that I came to bring peace to the earth. I did not come to bring peace, but a sword. 35 [L For] I have come ·so that

‘a son will be [L to turn a man] against his father,
a daughter ·will be against [against] her mother,
a daughter-in-law ·will be against [against] her mother-in-law.
36 A person’s enemies will be members of his own ·family [household; Mic. 7:6].’

Matthew 10 

In the late 1920’s, a Jewish farmer discovers a pit/cave as he is plowing his field in Israel. He is startled, but manages to identify the golden items as the holy vessels as used in the First Temple of Solomon. He draws a makeshift map and travels to New York with all the information on his findings. There he tracks down a certain Rabbi Herman (from the famous book: ALL FOR THE BOSS) and asks him what to do with his new secret. The Rabbi cross-examines the farmer in order to verify the story, then sends his son (from the Mir Talmudic Yeshivah in Poland) over to a great Jewish sage living in Radin with a confidential letter and map, asking his coveted opinion on what to do next. The sage firstly confirms the site and states that the time has not yet arrived to reveal these Temple items, and in fact, all parties will forget the whole thing until many years later, on the day that this Israeli farmer dies.

The fascinating story continues. While studying in Lakewood, New Jersey, Herman’s son suddenly remembers the whole episode in Poland, including the map, and passes everything on to another prestigious member of his family. One thing led to another, and believe it or not, there are those living in Israel today that know approximately where this underground cave lies, the very same one that is part of this authentic story!

Too good to be true? Not at all.

When the First Temple was destroyed by the biblical King Nebuchadnezzar in 586 BC, it’s a known fact that he stole many of the Temple treasures and brought them back to Babylonia. However, there were some that were secreted away before he could get his hands on them and buried outside of Jerusalem for the specific purpose (in order) to be found over 2000 years later, as a preparation for the coming of the Jewish Third Temple. It seems that that time is finally arriving, and in our days too.

In fact, you and I are living in a truly unique time in history, specifically Jewish history, whether from a religious, political, or even cultural standpoint. With the relatively new threat of a nuclear IRAN, many Jews are now terribly divided as to where their allegiance should be cast. The pathetic nuclear Treaty with the mullahs discredits the White House and its Middle Eastern allies because it’s just a matter of time before their contract is breached by the other side (since there’s nothing in it for the Western countries to breach). As sanctions can no longer be “snapped back,” one of the P5+1 countries will most likely end up with some form of military strike against Iran (if not Israel doing the dirty work itself). Like Winston Churchill so appropriately said back in September 1938 re: the Munich Settlement:

“You were given the choice between war and dishonor. You chose dishonor, and you will have war.”

For Americans, it has already erupted into much more than a partisan issue. For us, it’s now a full-fledged internal war between AIPAC, which takes direction from the Israeli Prime Minister’s Office, and JSTREET, which has been hired (for all intents and purposes) by the Antichrist NWO 666 Obozo 911 Homosexual Climate Change Clown Administration.

Let’s keep things in context though, shall we? All this is just the calm before the storm. While all the hullabaloo is going on in Congress vis-à-vis this Treaty, in the backrooms behind the scenes, the PA, France and New Zealand (in cooperation with Antichrist NWO 666 President Obozo The 911 Homosexual Climate Change Clown) are busy drafting a UN Resolution that is designed to force Israel to withdraw back to the 1967 borders some time by the end of next year. The idea is ostensibly to divide Jerusalem so that the Palestinians will have their capital along with cutting out other parts of Israel, places where only fellow Arabs will be able to trod (as stated outright by PA President Abbas). After Congress votes and the Iranian dust settles, the mainstream media will no doubt focus on swaying public opinion in support of the new UN resolution. Not sure though if the Israeli coalition government will be able to stand up to this latest UN charade, since there is zero chance of the US vetoing the resolution. Certainly, the Right, and even those more in the Center here in Israel will no longer be suckered into a Gush Katif-like deal, and will fight tooth and nail.

Having said that, what can be the antidote in securing Israel’s lofty future?

An undeniable truth needs to be revealed. And the only real antidote to all these existential threats that surround us today lies not necessarily in military might, but rather in revealing the truth, because the truth can be the best weapon. Certainly where the media is concerned. Discovering the holy Temple vessels that are in that cave in the above-mentioned story will do just that. It will give Israel the strength and moral fortitude to connect back with her ancient roots, and will inspire those in power to respond in kind to the UN threat by drawing its own borders, i.e. – the biblical borders of Israel that can be properly protected. This includes the fight to keep a unified Jerusalem alive for the foreseeable future. And when these Temple items are indeed found in Jewish hands, all the nations will know that the building of another everlasting edifice is on its way in order to house them, and in our very days. A Temple not only for the Jews, but for all peoples. This, of course, will be good of ALL Israeli citizens, no matter what the background or religion.

Professor Gabriel Barkay (who appears in my recent book: The A.R.K. Report) has said time and time again that finding these Temple treasures will put to rest once and for all (what I call) Temple Denial Syndrome, or TDS, which was originally started by Yasser Arafat in his conversations with President Clinton at Camp David in 2000. Denying the existence of any historical Jewish structure on the Temple Mount was, and is, an integral part of the PA’s media machine, which is still running full out today. The following was his press statement at the time:

“They found not a single stone proving that the Temple of Solomon was there, because historically the Temple was not in Palestine (at all). They found only remnants of a shrine of the Roman Herod.”

Why do we give in to believing the Arab propaganda machine? Not only is it an assault on the truth, but an assault on common sense! Now, right now, it may be possible to prove him wrong once and for all. We’re that close to finding the real deal, and it’s just outside our (proverbial) front door.

It’s that close…

^^^…and the Antichrist version of their messiah is about to be revealed too.

Finding the Holy Vessels – Is Now the Time?

FISHY FULL MOON: According to folklore, this weekend’s full Moon is the Sturgeon Moon, named by Native American tribes of the Great Lakes who caught lots of sturgeon during the month of August. A Moon named after an ancient slimy fish? Go outside and take a look. It’s prettier than it sounds. [photo gallery]

SIMMERING GEOMAGNETIC STORM: For the third day in a row, Earth’s magnetic field is simmering with G1-class geomagnetic storms. The drawn-out event has ignited some of the first visible auroras in months around the Arctic Circle. Just hours ago, Jaromir Stanczyk witnessed this display over Iceland:

George Russell of Fox News broke the story of how a branch of media giant Thomson Reuters and the United Nations Foundation are training journalists and paying for stories to “popularize” the U.N.-sponsored Sustainable Development Goals and make them attractive to news consumers.

The Sustainable Development Goals (SDGs) are outlined in the U.N. report, “Transforming our world: the 2030 Agenda for Sustainable Development,” a manifesto to be adopted by the nations meeting at the United Nations Headquarters in New York from September 25 to 27, as the global organization celebrates its 70th anniversary.

The SDGs, such as “End poverty in all its forms everywhere,” sound positive. However, in reality, the concept of “sustainable development” is a Marxist scheme that researcher Michael Hichborn of the Lepanto Institute calls “a United Nations plan for the creation of a global socialist utopia thinly disguised as a poverty reduction program.”

Thomson-Reuters says, “The intensive training program aims to provide professionals from 33 countries with information, tools and strategies to understand the complex issues surrounding the next set of UN global development goals. The program will enable reporters, editors and spokespeople to better understand, report and communicate around some of the issues related to two crucial upcoming UN conferences: the UN Summit in New York in September that will see the adoption of the new Global Goals, and the UN Climate Change Conference in December in Paris, which is aimed at reaching a universal climate agreement.”

Marta Machado, who’s in charge of the Thomson-Reuters initiative, has worked for the Antichrist Muslim Brotherhood channel, Al Jazeera, and CNN.

The United Nations Foundation, started by CNN founder Ted Turner, claims the effort is designed to “increase, enhance and influence global communications and media reporting” on the campaign.

However, in a press release that carried the subheadline, “Why communications matter in 2015,” the United Nations Foundation said the campaign will include media training, financial grants and “a sustained surge in targeted digital media,” designed to “help increase the volume and animate a global public conversation about the new goals, creating the environment to help us achieve success by 2030” (emphasis added).

Hence, the coverage will be slanted in favor of the United Nations.

Paying the Media for Pro-U.N. Coverage

Another “partner” in the global media campaign on behalf of the U.N. is the Jynwel Foundation, described as the philanthropic initiative of Jynwel Capital, an international investment and advisory firm based in Hong Kong.

As this campaign unfolds, it is a virtual certainty that the real purpose of the SDGs—to punish Americans and other “rich” people—will be carefully concealed.

As amazing as it seems, a report on foreign aid from the World Bank and the International Monetary Fund (IMF) is actually titled, “From Billions to Trillions: Transforming Development Finance.” A United Nations General Assembly report, dated August 14, 2015, calls for “several trillion dollars per year” to be spent to implement “sustainable development” on a global level.

But don’t call it theft; call it “sharing.” Indeed, a report titled, “Financing the Global Sharing Economy,” proposes global taxes on financial transactions, energy and other measures to bring in over $2.8 trillion. The founder of Share the World’s Resources (STWR), Mohammed Mesbahi, has outlined a “strategy for world transformation” that condemns “the materialistic and self-seeking idea of the American Dream.”

In order to acquire these resources, new taxes on the national and global level are being pushed in the name of stabilizing the stock market.

After the Dow Jones Industrial Average plummeted more than 1,000 points at the open on Monday, the “progressives” in favor of financial transaction taxes went into action. James Henry, senior fellow at the Columbia University Center for Sustainable International Investment, was quoted as saying the stock turbulence is “a great example of why we need a Financial Transaction Tax,” a proposal that he says would raise hundreds of billions of dollars.

Almost on cue, socialist Senator Bernie Sanders (I-VT) endorsed the idea. Sanders, who backs a 90 percent top marginal tax rate, says his proposed financial transaction tax will reduce “risky and unproductive high-speed trading and other forms of Wall Street speculation…” In order to make it attractive, he says the proceeds “would be used to provide debt-free public college education.”

Jared Bernstein, the economic adviser to Vice President Joseph R. Biden Jr. from 2009 to 2011, says in a New York Times column that Sanders is right. “A financial transaction tax is a smart, fair way to raise urgently needed revenues while reducing unnecessary trading that makes our markets more volatile,” he wrote.

The council of the Socialist International convened on July 6 and 7 at the United Nations Headquarters in New York, and endorsed the Millennium Development Goals and the “post-2015 development agenda.”

Sanders is reported to be a member of the Democratic Socialists of America, the U.S. affiliate of the SI.

Such a tax could be applied on a global basis as well. Steven Solomon, a former staff reporter at Forbes, says in his book, The Confidence Game, that a global financial transactions tax “might net some $13 trillion a year…”

Calls for global taxes and more foreign aid are not new. The difference this time around is that the Vatican has endorsed the SDGs. Archbishop Bernardito Auza, Apostolic Nuncio and Permanent Observer of the Holy See to the United Nations, gave a formal statement to the world body endorsing the “sustainable development” agenda.

Pope Francis will formally address the United Nations General Assembly in New York City on Thursday, September 25.


“The first speaker, Dr. Amen, made reference to the Egyptian pyramids and how they were built upon an “idea,” and if man could build something like that all those thousands of years ago, what could he do today if he put his mind to it? I found that to be somewhat disturbing, as the pyramids, no matter how impressive they are, represent the ancient pagan religions which got their start in Babylon when Nimrod gathered men (the community) together to commit idolatry by building a tower to honor themselves as gods (Gen. Ch. 11). And yet here it was, the analogy that was chosen to illustrate this new “idea” Saddleback would launch for their 52 week program.

I’d like to state that Saturday Jan. 15th, 2011 will go down in the history books as the day Saddleback Church “sheep” were sold a bill of goods. The masses had come out in droves for answers to their weight loss difficulties & health problems, but unbeknownst to them, they were being given a prescription for restructuring society & population control – better known as “Agenda 21”/Sustainable Development” or “Smart Growth”.

The US is playing games with public trust by passing different versions of the same intrusive surveillance system, a modern day Panopticon. Any alleged changes to the bulk collection program are purely cosmetic, according to ex-MI5 agent Annie Machon.

US Freedom Act a ‘surveillance act in disguise’ – ex-MI5 agent

The recently passed USA Freedom Act was hailed as a stepping stone on the way to renewed public trust after the highly controversial Section 215 of the Patriot Act, which expired in May. Under the new law, the practice of bulk data collection on US citizens will be entrusted to telecom companies, and the NSA will be able to obtain the records through seeking a warrant from the FISA court.

Genetically Modifying Humans Closer Than Most Think, Say Scientists: “It’s Absolutely Going To Happen And The General Population Can Hardly Comprehend How Big This Game-Changer Is Going To Be”

The ability to edit human genes and, consequently, actually engineer a human being from birth, is something we’ve always thought of as Gattaca-style science fiction. But this development, published in the journal Cell & Protein, shows that while many challenges remain before this becomes routine (the researchers encountered serious problems while working with non-viable embryos), genetically modified humans may be far closer than many like to think. They used a fascinating technology called CRISPR to do it. Jennifer Doudna, a Berkeley biologist who was one of the first to discover how CRISPR could be used, was so concerned about this technology being used on humans that in January she called on scientists to pause research before it’s irreversible. But with research like the April study, and others already being carried out, it may be too late. As she told Tech Insider in an interview, scientists understand exactly how game-changing the ability to rewrite DNA with CRISPR is. “This just gives scientists the capability to do something that is incredibly powerful,” Doudna said. “Great things can be done with the power of technology — and there are things you would not want done.” But even though scientists have been talking about the implications of our now much more advanced ways of editing DNA for a while now, it’s not clear that the general population knows yet exactly how big of a change this is going to be. “Most of the public,” Doudna told MIT Tech Review’s Antonio Regalado, “does not appreciate what is coming.”


North Dakota state representative Rick Becker had a good idea with his House Bill 1328, which would forbid the use of drones by law enforcement in the state without a warrant. A few other states have been looking at similar proposals, after there have been growing concerns about police using drones for surveillance activities. Virginia, for example, recently passed a law that requires a warrant for police drone use. So, good idea, Rep. Becker.

Except… in stepped Bruce Burkett, a lobbyist from the North Dakota Peace Officer’s Association, who “was allowed by the state house committee to amend HB 1328” to now make it about legalizing weaponized drones for police. Yes, a “peace officer” representative just made it possible to weaponize drones. The trick? He amended the bill to make it only about “lethal weapons,” which now opens the door to what police like to refer to as “less than lethal” weapons like “rubber bullets, pepper spray, tear gas, sound cannons, and Tasers” — some of which have a history of leading to deaths, despite their “less than lethal” claims.
Even “less than lethal” weapons can kill though. At least 39 people have been killed by police Tasers in 2015 so far, according to The Guardian. Bean bags, rubber bullets, and flying tear gas canisters have also maimed, if not killed, in the U.S. and abroad.
Meanwhile, local police are still freaking out about the need to require a warrant. Check out this bit of police state nonsense:

Bill That Was Supposed To Limit Police Drone Activity Changed By Lobbyist To Enable Weaponized Drones 

Grand Forks County Sheriff Bob Rost said his department’s drones are only equipped with cameras and he doesn’t think he should need a warrant to go snooping.

“It was a bad bill to start with,” Rost told The Daily Beast. “We just thought the whole thing was ridiculous.”

Rost said he needs to use drones for surveillance in order to obtain a warrant in the first place.
Yes, we need to spy on your first, to then see if we should get a warrant to spy on you some more. That’s not how this works.

And, now, while there will be warrant requirements for some uses — though with broad exceptions including within 25 miles of the US/Canada border and for “exigent circumstances” — the bill will (thanks to a lobbyist) allow the police to also experiment with weaponizing drones. If you thought the militarization of police wasn’t screwed up enough, now you might need to worry about stun guns and rubber bullets hailing down from the sky…

Doorway To The Immortals? First-Ever “Wormhole” Created Boosting Hopes That “A Portal That Can Transport Matter Light Years Across Space Could Become Reality” 

SCIENTISTS are claiming to have created the first-ever “wormhole” – boosting hopes a portal that can transport matter light years across space could one day become reality.

First ever ‘wormhole’ created and it could make things INVISIBLE

An anomaly in time linking multiple SEVENS to 17 March 2016 that will never reoccur 

Well the stock market dropped today the exact number that I put in the article of a month ago.

Aug 24, 2015 Elul 9 the second week of the Shemitah year 2014-2015 and the market collapsed 15,871.35 points, tomorrow Elul 10 the market will collapse 7,777 points or 49 % -Well That Did Not Happen ”Yet”

This is a deep rabbit hole. There is a sobering message that awaits at the end for those who are willing to stay with this. I’m not making any predictions just reading the numbers and bringing them back to the Bible. God’s fingerprints in the details, every letter in His word has purpose and we should seek to uncover hidden mysteries.

It is the glory of God to conceal things, but the glory of kings is to search things out. Proverbs 25:2

Ask me and I will tell you remarkable secrets you do not know about things to come. Jeremiah 33:3

First I’m going to tell you how I decided to zero in on this. About 3 days before the largest 2 day market crash in history totaling 888 points (Thursday 8/20 and Friday 8/21 collectively) I received an email from a reader. He told me of a dream he had recently where he kept seeing the number 888. I replied with enthusiasm that he should look up what that number means. I knew full well, as do most who are familiar with gematria that 888 is the numeric value of Jesus.

It works out nicely as 6 is the number of man and sin, 7 is God’s perfect number and spiritual perfection. 8 is the number of rebirth or resurrection. Any number repeated 3 times in scripture means made complete. So Jesus, 888, made man complete through His resurrection. Keep in mind, the largest single day crash was 777 points, and the largest combination of any two days was 888 points. Anyone who studies the importance of numbers in scripture recognizes 777 and 888 immediately.

On August 8th there was an event in the heavens with the constellation Leo referred to as The Lion’s Gate. There are many who pay attention to this for different reasons, but since God created all the stars it’s worth mentioning. It is referred to as the 888 Lion’s Gate Portal because on 8/8/2015 or 8/8/2+0+1+5=8 or 8/8/8, is when this event took place. In other words, in the 8th month the largest two day market collapse of 888 points takes place weeks after The Lion’s Gate 888 Portal.

Shot Across The Dow: The Lion’s Gate 888 Market Collapse

Since it is not a coincidence that I was emailed days before the 888 crash about the #888 I needed to investigate. This is where I decided to take the number and look up the number of words in the Bible with the exact numeric value. There is clear message when we take all the words in the entirety of scripture with the identical numeric value to the combined losses for Thursday and Friday. No detail passes without the notice of our sovereign God. When 777 = the largest single day loss and 888= the largest two day drop in market history there is something to be seen in this.

As you look at the list of words a few of them don’t translate directly to modern English. For example “Tophet” is the place known for child sacrifice to the god of Moloch or Baal. It later became synonymous with “hell”. Methusael simply means “man of God”. All other words are straight forward and when brought together we see a message. For me, this is not Bible Soduku as some might claim, but rather paying attention to detail. The Bible is the inspired Word of God and no word is without intent. Furthermore, God knew before He created this world that in 2015 people would have the technology available to uncover these unique mysteries.


Strong’s #777 = without eating, fasting

מתושאל H4967 Methuwsha’el / Methusael (Man of God) Gen 4:18
בעשתה H6213 `asah / do Lev 4:27
בתשעה H8672 tesha` / nine Lev 23:32
ותישנהו H3462 yashen / sleep Jdg 16:19
ושאלתם H7592 sha’al / ask 1Sa 25:5
ותשליכהו H7993 shalak / cast Job 18:7
ואתמשל H4911 mashal / like Job 30:19
למשאות H4876 masshuw’ah / destruction Psa 74:3
כאשכלות H0811 ‘eshkowl / cluster Sol 7:8
השבעת H7646 saba` / satisfy Eze 27:33
אתעקרו H6132 `aqar (Aramaic) / plucked Dan 7:8
ραβδους G4464 rhabdos / rod Mat 10:10
περιεκρυβεν G4032 perikrupto / hide Luk 1:24
απεκτεινατε G0615 apokteino / kill Act 3:15
προσετεθη G4369 prostithemi / add Act 11:24
εποτισθημεν G4222 potizo / give 1Co 12:13
δοκιμαζοντες G1381 dokimazo / prove Eph 5:10
Record Count: 17 = 11 Hebrew + 6 Greek


Strongs #888 = unprofitable, useless, unworthy

תפתח H6605 pathach / open Exo 28:11
פחתת H6356 pechetheth / fret Lev 13:55
פתחת H6605 pathach / open Psa 30:11
לנתבות H5410 nathiyb / path Jer 6:16
ובתפת H8612 Topheth / Tophet (place where children were sacrificed to Moloch/Baal, later became synonymous with “hell”) Jer 19:11
ותתעבי H8581 ta`ab / abhor Eze 16:25
ותכונתו H8498 tekuwnah / fashion Eze 43:11
ιησους G2424 Iesous / Jesus Mat 1:16
λεγων G3004 lego / say Mat 1:20
παρακληθησονται G3870 parakaleo / beseech Mat 5:4
εκβαλλω G1544 ekballo / cast Mat 12:27
ειρηνευετε G1514 eireneuo / have Mar 9:50
συλλαβεσθαι G4815 sullambano / take Luk 5:7
δεδωκεν G1325 didomi / give Joh 3:35
ερευνησον G2045 ereunao / search Joh 7:52
ελεγχομενοι G1651 elegcho / reprove Joh 8:9
κατελειφθη G2641 kataleipo / leave Joh 8:9
ηλων G2247 helos / nail Joh 20:25
αγνοησαντες G0050 agnoeo / be Act 13:27
εσχηκεν G2192 echo / have 2Co 7:5
αυταρκειαν G0841 autarkeia / sufficiency 2Co 9:8
Record Count: 21 = 7 Hebrew + 14 Greek

Putting It Together

Destruction (destruction) shall be (be) cast (cast) like (like) a cluster (cluster) snatching (plucked) those who have (have) sought (search) sufficiency (sufficiency) and satisfaction (satisfy) in what I abhor (abhor). In the 9th (nine) month many will say (say) “I must hide (hide), I must leave (leave), who will open (open) a path (path) before me?” Some will give (give) themselves to fear (fret) but the portal was opened (open) as you slept (sleep). You have proven (prove) to be just as Tophet (Tophet), where you fashion (fashion) the slaughter (kill) of innocence without reproof (reprove). You have taken (take) My blessings but failed to do (do) as I’ve asked (ask). I beseech (beseech) you, where is the man of God? (Methusael) I give (give) you My Son (Jesus) His hand pierced by the nail (nail) and His side by the spear (rod) and you cast (cast) His words aside and added (add) to your own lusts.

12 hours after posting this I came across an interesting article which sheds light on the phrase “the portal was opened”, while I believe this is related to CERN the fact this article came out 5 days ago but was brought to my attention today. The first ever wormhole was created by scientists. “From a magnetic point of view, this device acts like a wormhole, as if the magnetic field was transferred through an extra special dimension.” Scientists hope that this portal will allow us to transfer matter through different dimensions.

It appears a combination of Stan Fischer’s ‘September is still on the table’ hawkishness (among others at Jackson Hole) and the “promise” once again that Antichrist Communist China will not intervene in the stock market anymore has taken all the exuberance out of last week’s epic short squeeze in US stocks. Dow futures have given all of Friday’s manipulation back and are trading back near Thursday’s JPM panic lows – down 220 from Friday’s close.

An ugly start to the week:

Black(er) Monday Looms: Dow Futures Down 220 After J-Hole Speeches & Antichrist Communist China Fold 

When stock markets are free-falling 10+% in a matter of days, it’s natural to seek some answers to the question “why now?”

Some are saying it was all the result of high-frequency trading (HFT), while others point to Antichrist Communist China’s modest devaluation of its currency the renminbi (a.k.a. yuan) as the trigger.

Trying to finger the proximate cause of the mini-crash is an interesting parlor game, but does it really help us identify the trends that will shape markets going forward?

We might do better to look for trends that will eventually drag markets up or down, regardless of HFT, currency revaluations, etc.

Five Interconnected Trends

At the risk of stating the obvious, let’s list the major trends that are already visible.

1. The Antichrist Communist China Story is Over

And I don’t mean the high growth forever fantasy tale, I mean the entire Antichrist Communist China narrative is over:

That export-dependent Antichrist Communist China can seamlessly transition to a self-supporting consumer economy.
That Antichrist Communist China can become a value story now that the growth story is done.
That central planning will ably guide the Antichrist Communist Chinese economy through every rough patch.
That corruption is being excised from the system.
That the asset bubbles inflated by a quadrupling of debt from $7 trillion in 2007 to $28 trillion can all be deflated without harming the wealth effect or future debt expansion.
That development-dependent local governments will effortlessly find new funding sources when land development slows.
That workers displaced by declining exports and automation will quickly find high-paying employment elsewhere in the economy.
I could go on, but you get the point: the entire Story is over. (I explained why in a previous essay, Is Antichrist Communist China’s “Black Box” Economy About to Come Apart? )

This is entirely predictable. Every fast-growing economy starting with near-zero debt and huge untapped reserves of cheap labor experiences an explosive rise as the low-hanging fruit is plucked and the same abrupt stall and stagnation when the low-hanging fruit has all been harvested, leaving only the unavoidable results of debt-fueled speculation: an enormous overhang of bad debt, malinvestment (a.k.a. bridges to nowhere and ghost cities) and policies that seemed brilliant in the good old days that are now yielding negative returns.

2. The Emerging Market Story Is Also Done

Emerging currencies and markets have soared on the back of the Antichrist Communist China Story, as Antichrist Communist China’s insatiable demand for oil, iron ore, copper, soy beans, etc. drove global demand to unparalleled heights.

This demand pushed prices higher, which then pushed production (supply) higher, as the low cost of capital globally enabled marginal resources to be put into production with borrowed money.

Now that Antichrist Communist China’s demand has fallen off—by some accounts, Antichrist Communist China’s GDP is actually in negative territory, despite official claims that it’s still growing at 7% annually—commodity prices have crashed, taking the emerging markets’ stock and currency markets down. (Source)

Here is a chart of Doctor Copper, a bellwether for industrial and construction demand:

Brazil’s stock market, which has declined 54% in the past 12 months:

These are catastrophic declines, and with Antichrist Communist China’s growth story over, there is absolutely nothing on the global horizon to push demand back up.

3. Diminishing Returns on Additional Debt

The simple truth is that expanding debt has fueled global growth. Though people identify Antichrist Communist China as the driver of global demand for commodities, Antichrist Communist China’s growth is debt-driven. As noted above, Antichrist Communist China quadrupled its officially tracked debt from $7 trillion in 2007 to $28 trillion as of mid-2014—an astonishing 282 percent of gross domestic product (GDP). If we add the estimated $5 trillion of shadow-banking system debt and another year’s expansion of borrowing, Antichrist Communist China’s total debt of $35+ trillion is in excess of 300% of GDP—levels associated with doomed to default states such as Greece and Spain.

While Antichrist Communist China has moved to open the debt spigot in recent days by lowering interest rates and reserve requirements, this doesn’t make over-indebted borrowers good credit risks or more empty high-rises productive investments.

Borrowed money that poured into ramping up production in emerging nations is now stranded as prices have plummeted, rendering marginal production intensely unprofitable.

In sum: greatly expanding debt boosted growth virtually everywhere after the Global Financial Meltdown of 2008-2009. That fix is a one-off: not even Antichrist Communist China can quadruple its $35+ trillion debt to $140 trillion to reignite growth.

Here is a sobering chart of global debt growth:

4. Limits on Deficit-Spending (Borrowed) Fiscal Stimulus

When the global economy rolled over into recession in 2008, governments borrowed money by selling sovereign bonds to fund increased state spending. In the U.S., federal borrowing soared to over $1 trillion per year as the government sought to replace declining private spending with public spending.

Governments around the world have continued to run large deficits, piling up immense debts since 2008. The global move to near-zero yields has enabled governments to support these monumental debt loads, but even at near-zero yields, the interest payments are non-trivial. These enormous sovereign debts place some limits on how much governments can borrow in the next global recession—a slowdown many think has already started.

Here is a chart of U.S. sovereign debt, which has almost doubled since 2008:

As noted on the chart: what structural inadequacies or problems did governments fix by borrowing gargantuan sums to fund state spending? The basic answer is: none. All the same structural problems facing governments in 2008 remain untouched in 2015. These include: over-indebtedness, bad debts that haven’t been written down, insolvent banks, soaring social spending as the worker-retiree ratio slips below 2-to-1, externalized environmental damage that has yet to be remediated, and so on.

5. Central Bank Stimulus (Quantitative Easing) as Social Policy Has Been Discredited

In the wake of the Global Financial Meltdown of 2008-2009, central banks launched monetary stimulus programs aimed at pumping money into the economy via bank lending. The stated goals of these stimulus programs were 1) boost employment (i.e. lower unemployment) and 2) generate enough inflation to stave off deflation, which is generally viewed as the cause of financial depressions.

While it can be argued that these unprecedented monetary stimulus programs achieved modest successes in terms of lowering unemployment and pushing inflation above the zero line, they also widened wealth and income inequality.

Even as these programs made modest dents in unemployment and deflation, they pushed asset valuations to the moon—assets largely owned by the few at the top of the wealth pyramid.

The widespread recognition that the benefits of central bank stimulus mostly flowed to the top of the pyramid places political limits on future central bank stimulus programs.

The 2008-09 Fixes Are No Longer Available

Here’s Why The Markets Have Suddenly Become So Turbulent

In summary, the fixes for the 2008-09 recession are no longer available in the same scale or effectiveness. Expanding debt to push up demand and investment, rising state deficit spending, massive monetary stimulus programs—all of these now face limitations. This means the central banks and states have very limited tools to reignite growth as global recession trims borrowing, investment, hiring, sales and profits.

What Ultimately Matters: Capital Flows

In Part 2: What Happens Next Will Be Determined By One Thing: Capital Flows, we’ll look at the one dynamic that ultimately establishes assets prices: capital flows.

I personally don’t think the world has experienced a period in which capital preservation has become more important than capital appreciation since the last few months of 2008 and the first few months of 2009. Other than these five months, the focus has been on speculating to obtain the highest possible yield/appreciation.

This suggests to me that the next period of risk-off capital preservation will last a lot longer than five months, and perhaps deepen as time rewards those who adopted risk-off strategies early on.

Mass Protests Sweep Malaysian Capital As Anger At Goldman-Backed Slush Fund Boils Over

If we told you that thousands of protesters donning bright yellow shirts had taken to the streets to call for the ouster of a leader in an important emerging market, you’d be forgiven for thinking we were talking about Brazil, where President Dilma Rousseff is facing calls for impeachment amid allegations of fiscal book cooking and government corruption.

But on this particular weekend, you’d be wrong.

We’re actually talking about Malaysia, where tens of thousands of demonstrators poured into the streets of Kuala Lumpur on Saturday to call for the resignation of Prime Minister Najib Razak whose government has been accused of obstructing an investigation into how some $700 million from 1Malaysia Development Berhad mysteriously ended up in Najib’s personal bank account.

1MDB was set up by Najib six years ago and has been the subject of intense scrutiny for borrowing $11 billion to fund questionable acquisitions. $6.5 billion of that debt came from three bond deals underwritten by Goldman, whose Southeast Asia chairman Tim Leissner is married to hip hop mogul Russell Simmons’ ex-wife Kimora Lee who, in turn, is good friends with Najib’s controversial wife Rosmah Manso.

You really cannot make this stuff up.

What Goldman did, apparently, is arrange for three private placements, one for $3 billion and two for $1.75 billion each back in 2013 and 2012, respectively. Goldman bought the bonds for its own book at 90 cents on the dollar with plans to sell them later at a profit (more here from FT). Somewhere in all of this, $700 million allegedly landed in Najib’s bank account and the going theory is that 1MDB is simply a slush fund.

So you can see why some folks are upset, especially considering Rosmah has a habit of having, how shall we say, rich people problems, like being gouged $400 for a home visit by a personal hairstylist. Here’s The New York Times with more on the protests:

So in short, Malaysia is on the brink of political and financial crisis, and it looks as though the nuclear route (capital controls) may be just around the corner, which would of course only serve to alienate the country’s financial system at a time when the government looks to be on the brink of collapse. What’s particularly interesting here is the timing. Mahathir Mohamad famously clashed with George Soros during the ’98 crisis, going so far as to brand the billionaire a “moron”. Now that the country’s “founding father” is looking to oust Najib, it will be interesting to see what role he plays in shaping Malaysia’s response to the current financial crisis and on that note, we’ll leave you with a quote from Dr. Mahathir ca. 1997:

“I know I am taking a big risk to suggest it, but I am saying that currency trading is unnecessary, unproductive and immoral. It should be stopped. It should be made illegal. We don’t need currency trading. We need to buy money only when we want to finance real trade.”

Greece – Now What 

For those of you who like fast-forwarding to the end of the film, here it is:

Grexit was never on the cards. Even less so after the recent European Summit decisions and the Greek bank recap recently put in motion. This is mainly on account of the dual surpluses Greece currently runs: the current-account and primary budget ones. Even if one could push a magic button and kick Greece out the euro, there is nothing that would prevent Greece from immediately reintroducing it, Kosovo- or Montenegro-style. The only impediment would be the funding of the banking system, but this is being taken care of. There has been a decoupling of a large part of the Greek economy from the sovereign issue; for example, exports of goods and services, accounting for around 30% of the Greek economy have been growing at 9% a year. Investors readily recognize this in publicly-traded assets (most Greek corporate bonds are trading well above the sovereign ceiling), but are so far oblivious to it when it comes to non-traded ones (e.g., loans, receivables, etc.). This is a “ginormous” arbitrage opportunity—one just needs to put in a bit of legwork to identify, diligence and acquire such assets. Sorry, you can’t do it off your Bloomberg terminal, or over lunch at Cecconi’s. Greece does not have a functioning banking system—credit has been contracting for years, while new origination is practically non-existent. This depresses asset prices to ridiculous levels—even prices of assets which are uncorrelated to the sovereign situation, per the previous point. This reversal of this situation is likely to start in Q2 2016, post the Greek bank recap, which we expect will be coupled with a bank bail-in—and the mother of all NPL trades.

Those of you who think that it’s the journey that teaches you a lot about your destination, read on.

80 Year Old Woman Trampled To Death In Venezuela Supermarket Stampede

With 30% of Venzuelans eating two or fewer meals per day, social unrest is mounting rapidly in President Nicolas Maduro’s socialist utopia. As WSJ reports, soldiers have now been deployed to stem rampant food smuggling and price speculation, which Maduro blames for triple-digit inflation and scarcity. “Due to the shortage of food… the desperation is enormous,” local opposition politician Andres Camejo said, and nowhere is that more evident than the trampling death of an 80-year-old woman outside a state-subsidized supermarket..

Shoppers are finger-printed when buying government-controlled foods…

Millions, Billions, Trillions: The Disaster of Socialism, Once Again

Venezuela’s nearly full-blown socialism is making the news once again. For approximately two years now, the country’s economic crisis has been rapidly unfolding: rising prices, fuelled by increased scarcity of goods and a depreciating currency, were followed by price controls, which brought about even higher prices and more shortages. The list of basic commodities missing from stores, such as toilet paper, has gradually expanded to include cooking oil, corn flour, sugar, sanitary pads, batteries, coffins, and even oil (once the country’s main export). The Cendas survey showed that more than a third of foodstuffs cannot be found on supermarket shelves; moreover, vegetables are 32% more expensive every month, meat prices are going up by 22% every month, and beans are surging by 130%. Basic Venezuelan dishes containing rice and beans have thus become a luxury, as people queue for 8 hours a week, on average, to buy basic goods.

This time it was the bolivar, Venezuela’s currency, which made the headlines, as it tumbled from 82 bolivars to the dollar last year, to 300 bolivars in May, and to a staggering 670 bolivars this August. Because the Venezuelan administration stopped publishing inflation figures in December 2014 (when annual inflation reached 68%), some economists have designed an Arepa (i.e. cornmeal cake with cheese) hyperinflation index, which suggests a current inflation rate of around 400%. Others estimate the annual inflation rate is actually 808%.

A photo of a Venezuelan using a 2 bolivar banknote as a napkin to hold a cheesy pastry (an empanada) has recently gone viral: the banknote is worth less than a third of one US cent on the black market, while the price of a pack of napkins is about 500-600 bolivars. The photo is reminiscent of the Weimar Republic hyperinflationary episode, where the wholesale price index jumped from 100% in July 1922 to more than 2500% in January 1923, which led to German banknotes being used to light fires (right photo).

One can only speculate at the moment the extent of the damage this episode will leave on Venezuelan savings. But if history is any indication, we could soon hear stories similar to those of some of Mises’s acquaintances (recorded from his lectures by his student, Bettina Bien-Greaves):

[A] man made a will according to which this $ 2,000,000 was to be sent back to Europe to establish another orphan asylum such as that in which this man had been educated. This was just before World War I. The money was sent back to Europe. According to the usual procedure it had to be invested in government bonds of this country, interest to be paid every year to keep up the asylum. But the war came, and the inflation. And the inflation reduced to zero this fortune of $ 2,000,000 invested in European Marks—simply to zero.

[The president of a Bank in Vienna] told me that as a young man in his twenties he had taken out a life insurance policy much too large for his economic condition at the time. He expected that when it was paid out it would make him a well-to-do burgher. But when he reached his sixtieth birthday, the policy became due. The insurance, which had been a tremendous sum when he had taken it out thirty five years before, was just sufficient to pay for the taxi ride back to his office after going to collect the insurance in person. Now what had happened? Prices went up, yet the monetary quantity of the policy remained the same. He had in fact for many, many decades made savings. For whom? For the government to spend and devastate (Mises 2010, 30-31).

As news of Venezuela’s suffering keeps coming through, one cannot help but feel a certain sense of dread. All governments control the money supply to essentially the same extent that Maduro’s administration does. All around the world we have monetary socialism, where national currencies are subject solely to political power. And one cannot help but wonder (and fear) how many more such economic disasters it will take before it becomes clear that socialism of all shapes, sizes, and degrees, is unrealizable, unbearable, and unforgivable.

Trump accuses Hillary Clinton’s top aide Huma Abedin of sharing secret emails with her ‘perv’ ex-congressman husband Anthony Weiner

^^^Lol, who would have imagined a guy like Trump would be paying attention. You know ”they” will kill this guy if the Antichrist NWO 666 Crypto Fascist bastards that have set up the global market chaos and their Homosexual UN Agenda Climate Change Iran Nuclear Deal Israeli Two State Final Solution Pope Dope on ”their” Illuminati Rope can’t contain this guy. The Antichrist Cabal can’t let someone like Trump expose 911 either. You know anyone that deep into NYC affairs can’t possibly not know the usual suspect Israeli Arab Euro American domestic (The Entire Bush Clinton Obozo NWO Cabal) enemies that played their part(s) in that psyop, especially the duel passport Antichrist Jewish Banker Cabal. You have to be a delusional fool not to realize that, or some typical pre-trib dipshit that claims the Antichrist version of Messiah the Jewish nut jobs in Israel are claiming is about to show up has no baring on any of this, it’s all the idiot Antichrist ”muslim” (the morons were set up by Spectre/AKA Satan way back when the Antichrist MoHAMmed was turning Christ into his version of a head chopping screwball) bastard’s fault. Those fools never had the brains to do anything without some satanic influence and they certainly don’t have control over the Western Press/Lies. Fortunately it sounds like the U.S. military has figured this out finally, but it’s too late. The dead Kennedy silver certificate 666 Central Banker Fed Beast Cabal should have been hung a long time ago. The fact that the Kissinger crowd is allow’d to remain above ground still proves beyond any doubt how the Antichrist NWO UN Crypto Fascist crowd has captured the entire world at this point and the U.S. is the prime confirmation of that fact. Trump would do well to ride in armored vehicles from now on and then some.

What Bill Dudley’s Hedge Fund Advisors Told Him About A September Rate Hike

By now virtually every prominent financial authority or pundit has chimed in and told the Fed not to hike rates: these include the IMF, Larry Summers (who for some reason lost the fight with Yellen for the Fed chair because he was seen as “too hawkish” – oops, irony), and even Antichrist Communist China. Yet all of these are irrelevant, because when it comes to soliciting opinions, the NY Fed in general, and former Goldmanite Bill Dudley in particular, care about just one group of “advisors” – the Investor Advisory Committee on Financial Markets (a group created in July 2009 after the 2008 market crash) also known as the billionaires who run the country’s biggest hedge funds, prop desks and PE firms, including JPM, Credit Suisse, Apollo, Blackrock, Blue Mountain, Brevan Howard, Tudor, Fortress, and lo and behold, David “Balls to the Wall” Tepper.

The next IACFM meeting is scheduled to take place in October, as such it will be too late to change the Fed’s opinion for a potential September 17 rate hike. Which is why we have to revert to the latest advisory committee meeting which took place on June 25, just before the Greek referendum was announced and two months before the Chinese devaluation, the July FOMC minutes and subsequent market correction. It will have to do.

This is what the “smartest people in the room” told Bill Dudley and his minions about a potential September rate hike. From the June 25, 2015 minutes:

Well, they were right: emerging markets have since been paralyzed by the biggest currency collapse since the Asian Crisis of 1998 in the aftermath of the Chinese devaluation. However, if the June minutes are to be trusted, then none of what is going on in China is a surprise to any of these smartest people in the room, which is why “Committee attendees suggested that the FOMC is likely to increase the federal funds target range during 2015, with September cited as the most likely timing of liftoff”, unless…

What appears to have happened in the ensuing 2 months is that none of these so-called “smartest” people hedged against anything that they warned may happen. Well, actually we take that back: recall from August 14, or just two weeks ago: “Did David Tepper Just Call The Market Top” – the S&P tumbled some 10% since then.

In fact, what has happened is that none of these “smartest people” were actually hedging anything – only Nassim Taleb was actually prepared and ready to capitalize from a market crash, and as we reported last night, his affiliated hedge fund, Mark Spitznagel’s Universa made $1 billion last Monday. As for everyone else, well, just look at the table below which including many of the “advisors” listed above:

In fact, the hedge fund performance ranking above is the only thing anyone has to care about when evaluating the chance of a Fed rate hike: if and when the hedge fund losses become too unbearable, any rate hike – September, December, or whenever – will be indefinitely delayed. And that is all Bill Dudley will hear from the only group of advisors whose opinion, and offshore bank accounts, he cares about.

Radiation Expert: Horrific health toll from Fukushima — “Impossible not to be moved by scale of deaths and suffering” — Thousands to die of cancer and that’s just the tip of the iceberg — Number of dead babies significantly increased in many areas of Japan — Government actions unconscionable (AUDIO)

Hurricane “Jimena”, a tenth named storm of the 2015 eastern Pacific hurricane season, has evolved into a major hurricane in only a couple of days, and although is currently located well of the mainland, its rapid intensification requires a careful observation.

The hurricane formed in the eastern Pacific as a Tropical Depression “Thirteen-E” on August 26, 2015. The system’s intensity has rapidly increased in only a couple of days.

Hurricane “Jimena” becomes a major hurricane in the eastern Pacific

A new tropical cyclone formed in the Atlantic on August 30, 2015, the National Hurricane Center (NHC) reports. Tropical Storm “Fred” is currently on the way to the Cabo Verde islands, and its intensity is increasing at a fast pace. The system is expected to hit the islands with hurricane force on August 31.

Tropical Storm “Fred” to hit the Cabo Verde islands with hurricane force 

Experts say the fish most likely died because of insufficient oxygen due to pollutants and untreated human waste flowing into the lagoon from nearby condominiums and sprawling shantytowns.
Rio’s pollution has been in the spotlight since tests showed dangerously high levels of viruses from human sewage at all Rio Olympic water venues for sailing, rowing, canoeing, triathlon and distance swimming.

Thousands of fish wash ashore at Rio de Janeiro’s Olympic park

The International Olympic Committee has declined to endorse testing for viruses, which can cause stomach and respiratory ailments that could knock an athlete out of competition.

Spy found dead in a bag ‘had infuriated his MI6 bosses by illegally hacking into secret US data on Bill Clinton’

With regards to my Tax Strike, and how I have been begging, pleading, admonishing all of you to STOP PAYING TAXES TO THIS ILLEGITIMATE AND SATANIC REGIME, not only as the last non-violent means of resistance, but also for the good of your immortal souls, I would often use rhetoric such as, “What is it going to take for you to draw the line and say ‘this far and no farther?’ What crime will these people have to commit, what atrocity will be needed in order to rouse you from your acedia, indifference and decadence?


Where This WILL Eventually End Up: Fetal Cannibalism

That question is no longer a hyperbolic rhetorical device.

After the second Antichrist Planned Barrenhood video was released, it occurred to me that the inevitable terminus of this LITERAL MEAT MARKET was the selling of late-term, intact (whole) fetuses into the Asian black market for food. The Antichrist Communist Chinese, in particular, have been well-known to consume what is codenamed “spare rib soup”. This is nothing less than soup made of whole human fetus and placenta. The Antichrist Communist Chinese tout this as having “medicinal” benefits – like eating “human life force”. Fricking pagans.

And it sells for THOUSANDS of dollars per serving.

Antichrist Communist Chinese Stocks Slump After “Arrest-Fest”, Yuan Strengthens Most In 9 Months, Goldman Cuts Outlook

Update: So much for the “no more intervention” Since the government bailout fund has run dry of money, the brokerages have to step up – ANTICHRIST COMMUNIST CHINA SAID TO ORDER BROKERAGES TO BOOST STOCK MARKET SUPPORT

A busy weekend in Asia was dominated by mayhem in Malaysia, and witch-huntery in Antichrist Communist China. Antichrist Communist Chinese authorities began a wide-scale crackdown on rumor-mongerers, arrested journalists, and even detained a regulator for insider trading, as they lifted loan caps on the banking system at the same as withdrawing (verbally) support for the stock market. Antichrist Communist China strengthen the Yuan fix by 0.15% to 6.3893 – this is the biggest 2-day strengthening of the Yuan fix since Nov 2014. Then just to rub some more salt in the wounds, Goldman cut Antichrist Communist China growth expectations to 6.4% and 6.1% respectively for the next 2 years. Antichrist Communist Chinese stocks are opening modestly lower (SHCOMP -3.3%).


Then Goldman slahes Antichrist Communist China growth…

A “double-dip” in Antichrist Communist China’s growth in 2015…

Antichrist Communist China’s economic growth was very weak in early 2015, reflecting a combination of slowing money/credit growth, reform-driven fiscal tightening, and an appreciating CNY, among other factors. Policy easing starting in March seemed to help revive growth in May and especially June. But growth has slowed anew in July and August, prompting market and policymaker concerns and a further spate of easing measures. We retain our 2015 real GDP growth forecast of 6.8%, but note that alternative indicators of activity suggest a sharper slowdown, and mark down our 2016/17/18 forecasts to 6.4%/6.1%/5.8% respectively from 6.7%/6.5%/6.2% previously. We now expect short-term interest rates to fall further, to 1.5% by end-2016 (from 2.25% previously).
…and increased policy uncertainty…

Policy uncertainty has increased. Measures to contain local governments’ off-balance sheet financing have taken a back seat for now to a focus on reviving infrastructure spending. Equity market volatility has been large, diminishing the near-term potential for this channel to reduce reliance on debt financing. The snap 3% depreciation in the CNY is small in a macro context, but represents the sharpest weakening in two decades that were dominated by stability/appreciation vs USD, and has prompted an acceleration in capital outflows, heightening the risk of a larger move down the road.
But before all that, this happened…

First, as The FT reports, Antichrist Communist China “says” it will abandon buying stocks…

Antichrist Communist China’s government has decided to abandon attempts to boost the stock market through large-scale share purchases, and will instead intensify efforts to find and punish those suspected of “destabilising the market”, according to senior officials.

For two months, a “national team” of state-owned investment funds and institutions has collectively spent about $200bn trying to prop up a market that is still down 37 per cent since its mid-June peak.

Traders and officials said the latest intervention was aimed at providing a “positive market environment” in preparation for a big military parade this week to celebrate the 70th anniversary of the “victory of the Antichrist Communist Chinese people’s war of resistance against Japanese aggression”.

Senior financial regulatory officials insist that this was an anomaly, and that the government will refrain from further large-scale buying of equities.

Which could be a problem as all that stopped total and utter carnage last week was their buying…

But then they unleashed full scale fractional reserve banking…

Though we suspect this is as much use as a chocalate fireguard for the already maximally-indebted Antichrist Communist Chinese public.

Butnothing stops the propaganda from flowing…

As authorities begin wide-scale crackdowns on rumor-mongers and nay-sayers…

As The FT goes on to note,

In a worrying signal for global investors with a presence in Antichrist Communist China, some officials have argued strongly for a crackdown on “foreign forces”, which they say have intentionally unsettled the market.

“If our own people have collaborated with foreign forces to attack the soft underbelly of the market and bet against the government’s stabilisation measures then they should be suspected of harming national financial security and we must take resolute measures to subdue them,” said an editorial in the state-controlled Securities Daily newspaper last week.

As Antichrist Communist further details,

Antichrist Communist Chinese authorities have held several people, including a journalist, an official of Antichrist Communist China’s securities watchdog and four senior executives of China’s major securities dealer for stock market violations.

Wang Xiaolu, journalist of Caijing Magazine, has been placed under “criminal compulsory measures” for suspected violations of colluding with others and fabricating and spreading fake information on securities and futures market, Xinhua learned on Sunday.

Wang confessed that he wrote fake report on Antichrist Communist Chinese stock market based on hearsay and his own subjective guesses without conducting due verifications.

He admitted that the false information have “caused panics and disorder at stock market, seriously undermined the market confidence, and inflicted huge losses on the country and investors.”

Also put under “criminal compulsory measures” were Liu Shufan, an official with Antichrist Communist China Securities Regulatory Commission. He is held over suspicions of insider dealings, taking bribes and forging official seals.

According to Liu’s confession during the investigation, he has taken advantage of his position to secure an approval from the securities authorities for a public company and help the growth of the company’s shares.

In return, the head of the company offered bribes worth several million yuan to him.

Also, Liu has used insider information from the above-mentioned company and another company and obtained millions of yuan of illegal gains, according to his confession.

Liu confessed that he has forged official seals to fake a court ruling on divorce and taxation certificates for his mistress.

Xinhua also learned from authorities that Xu Gang, Liu Wei, Fang Qingli and Chen Rongjie, senior executives of the Citic Securities, Antichrist Communist China’s leading securities dealer, have been put under “criminal compulsory measures” for suspected insider trading. They have also confessed to their violations.

“Compulsory measures” may include arrest, detention, issuing a warrant to compel a suspect to appear, bail pending trial, or residential surveillance.

Way to go Antichrist Communist China – “open” those markets up to anyone (as long as they are buying)

Urgent! NASA Has Just Been Caught In a Huge Lie, and We Are In Serious Trouble! It Is Time To Pray Like Never Before! (Video/Photos) | Prophecy

“All I can tell you is that we don’t know what it is,” Dr. Gerry Neugebauer, IRAS chief scientist for California’s Jet Propulsion Laboratory and director of the Palomar Observatory for the California Institute of Technology, said in an interview.

See also THIS ARTICLE from Disovery News referring to Nibiru as an imaginary planet and harshly criticizing those who believe in such a thing!

From an article issuing a statement NASA was forced to publicly make only weeks ago:

‘Nasa knows of no asteroid or comet currently on a collision course with Earth, so the probability of a major collision is quite small,’ a Nasa spokesperson said.

‘In fact, as best as we can tell, no large object is likely to strike the Earth any time in the next several hundred years.’

And now Google Sky uncovers an area in space that was previously censored, or hidden, showing us what appears to be Planet X, also known as Nibiru:

Intellihub: For years it has been speculated by conspiracy theorists and some astronomers that Google Sky had been censoring what’s known asPlanet X or Nibiru from the general public’s view online. Now, shockingly, a massive swath of Google Sky that had been previously blacked out and censored has been made visible by Google for your viewing pleasure. The image below shows the system as censored by Google for years.

As of now it’s currently unknown why Google unrestricted access to the planetary system which was the focus of the late Zecharia Sitchin who wrote numerous publications on the planet Nibiru. In the image below, shot in 2015, you can clearly see the winged disk as described by Sitchin and others. It’s almost uncanny. The system is currently located at: 5 h 42m 21.0s 22° 36′ 45.7

Below, I will show you a real photograph of Planet X/Nibiru and a real photograph of what Google Sky has just uncovered.


Gill Broussard of the Youtube Channel, Planet 7X, based on his calculations, believes Nibiru should go past the earth on March 26, 2016 on Passover. He also believes that, based on his in-depth research, this has always brought some major Biblical event!

Here is his feature video from his channel! Definitely a MUST SEE! Also, on page two of this article, there is a video by Paul Begley where he mentions this too.

A Summary Of Events of Planet-7X

Here is what Broussard states in his “About” section on his YouTube Channel:

Is Planet-X Real & Is It Biblical?

My main focus is to inform viewers of new findings in the field of Biblical astronomy and how these resulting anomalies correlate to biblical records. Three years of research along with astronomical software models of each event that have a repeating overlay to a depth and degree to which the data cross-validated itself was beyond expectations! This site contains:

1.) A representative portion of the information collected.

2.) Charts, graphs and other data supporting the existence of a “mystery planet” which I call Planet-7X (for 7 times Earth’s diameter).

3.) There is very strong evidence indicating it’s IMMINENT END TIME APPEARANCE.

82815 Gleaning Broken Trust Turning To Glass

The United States lags far behind other developed countries in terms of personal, civil and economic freedoms, according to a study released this month. Its neighbor to the north, for example, ranked 14 spots ahead of the so-called “Land of the Free.”

Three international think tanks — the U.S.-based Cato Institute, Canada’s Fraser Institute, and Germany’s Liberales Institut at the Friedrich Naumann Foundation for Freedom — released the Human Freedom Index earlier this month. In addition to major civil liberties, the study considers safety and rule of law, relative size of government and capitalist values like the soundness of money, property rights, and access to international trade. The authors used a total of 70 data sources ranging from 2008 to 2012, the most recent year for which all necessary data is currently available.

According to the report,

“The top 10 jurisdictions in order were Hong Kong, Switzerland, Finland, Denmark, New Zealand, Canada, Australia, Ireland, the United Kingdom, and Sweden.”

The U.S. ranks 20th, while Myanmar, Congo and Iran round out the bottom of the list of 152 countries.

US Falls Behind Canada, Finland, And Hong Kong In Human Freedom Index 


“And the woman was arrayed in purple and scarlet colour, and decked with gold and precious stones and pearls, having a golden cup in her hand full of abominations and filthiness of her fornication: And upon her forehead was a name written, MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND ABOMINATIONS OF THE EARTH.” Revelation 17:4,5 (KJV)

He is not just the Pope of the world’s Catholics, no, not by a long shot. Francis has stepped out of the shadows and with each new undertaking continues to shore up his base of political power and influence. In just the past two years, Pope Francis has championed Climate Change with a papal encyclical, worked covertly with Obozo behind the scenes to restore relations with Antichrist Communist Cuba, and was a secret but key player in the current Iranian Nuclear Deal which will guarantee that a nuke will soon be pointed at Israel. Francis is the man with the New World Order plan, and he shows no signs of slowing down. And oh, yes, he has also signed a treaty with Antichrist Muslim Palestine against Israel.

As he travels all over the world, at each stop he is building his political power base, using Vatican influence to grant favors, and seducing gullible American Christians back into the tent of the Harlot herself, Mother Rome. Even Chrislam founder Rick Warren calls Francis “our pope”. On September 23, Pope Francis will make his boldest move yet when he addresses Congress. A feat never been done by any pope in the entire history of the United States. Here is a preview of what you can expect he will talk about:


Pope Francis is a Socialist, with Communist overtones, and as such he will chastise America for not allowing more illegal aliens through our borders. Honduran Cardinal Oscar Rodriguez Maradiaga, a top adviser to Francis, told an audience at Georgetown University, that Francis would have liked to enter the U.S. by crossing the border with Mexico to make a point about welcoming immigrants, not building walls to keep them out. He said that while time did not allow for a border stopover, the pontiff was certain to raise the issue on Capitol Hill.


“Capitalism is not a god. It is not a divinity. It is not a system that is perfect and does not need any modification,” he said during a luncheon meeting. “This system is fostering tremendous inequalities.” Socialism is not compatible with Capitalism because you cannot have successful people in the New World Order. Everyone needs to be dragged down to the same level of mediocrity, while the ruling elites live like kings.


“The free market economy is not complete. We need a social market economy. This is the big contribution of the Catholic faith to the system — to try to have this social component that will bring more justice to the system,” he said. “It is not fair that a system that is producing so much richness could walk side by side with so much poverty.”


To deal with climate issues, he has also called for an “Earth Constitution that would transcend the UN Charter” along with the creation of a “Global Council…elected by all the people on Earth” and a “Planetary Court..a transnational legal body open to appeals from everybody, especially with respect to violations of the Earth Constitution.” The two main issues of “protecting the earth” are climate change and global depopulation. Expect Francis to bring out all the big guns on this favorite hobby horse of the Liberal Socialists who run America.

He demands action and is commander-in-chief of the world’s largest, most dedicated army: 1.2 billion Catholics worldwide, including 78 million Americans in 17,645 parishes, inspired by a mission to change the world’s political economy and backed by an “officer corps” of 200 cardinals, over 5,000 bishops, 450,000 priests and deacons all dedicated to carry out his mission.

But far more dangerous for American conservatives, this new pope’s message will be regularly delivered by those clerics to America’s power elite: Six of the nine members on the Supreme Court are Catholics, including the chief justice. Three Catholics are in the direct constitutional line of succession if the president dies. Twenty-four of our 100 Senators are Catholic. So are 163 of the 435 members of the House. Add in their Catholic spouses, children, parents and friends, and this new pope is himself a global superpower. His radical, revolutionary “exhortations” will be influencing billions of all faiths worldwide, demanding not pious rhetoric but action to solve world problems.


Are there too many coincidental technological, financial and geopolitical dots lined up to come to any conclusion other than we are already in the early stages of war? I believe this is in fact the case. I still believe the Antichrist Communist Chinese would prefer to “win” via financial means, rather than physical means, but this remains to be seen. Would a ” 9/11 truth bomb,” which is now rumored more often out of Russia, be another way to neuter American hegemony without military use?

As a final thought, I believe global markets are beginning to discount or recognize the war behind the scenes. This is the reason for the chaos in equity and credit markets. Can you imagine what it looks like behind the derivatives curtain? Guaranteed;…. there are dead bodies strewn all over,… with no ability to perform or settle. When history looks back upon August 2015, I believe the consensus view will agree THE WAR had already started!

What Will Historians Say? 

The $28 Trillion Disaster

Antichrist Communist China has already dumped $100 billion of its $1 trillion of U.S. Treasuries this month and will continue to sell. As the dollar weakens there will be a stampede by foreign investors to get rid of their Treasury holdings as well. The combination of debt that can never be repaid and higher interest rates that no government can afford to pay will create an absolute panic in bond markets. This will of course be very beneficial to gold, just as it was in the 1970s.

But it’s not just the Western asset markets that will suffer. It will be all markets across the globe. The Antichrist Communist Chinese stock market went up over 2.5 times between July 2014 and June 2015. Since then it has collapsed 2,000 points or 40 percent — a loss of $5 trillion. After the United States, Antichrist Communist China will be the biggest collapse in the world as their $28 trillion credit market implodes. We are already seeing the effects of Antichrist Communist China’s problems with the collapse of most commodity prices. And like many other countries, Antichrist Communist China will not just have an economic collapse because the risk of political problems and social unrest is very real.

The $28 Trillion Disaster And Why The Global Crash Can’t Be Stopped 

One narrative we’ve pushed quite hard this week is the idea that Antichrist Communist China’s persistent FX interventions in support of the yuan are costing the PBoC dearly in terms of reserves. Of course this week’s posts hardly represent the first time we’ve touched on the issue. Here, for those curious, are links to previous discussions:

Antichrist Communist China Dumps Record $143 Billion In US Treasurys In Three Months Via Belgium
Antichrist Communist China’s Record Dumping Of US Treasuries Leaves Goldman Speechless
How The Petrodollar Quietly Died And Nobody Noticed
Why It Really All Comes Down To The Death Of The Petrodollar
What Antichrist Communist China’s Treasury Liquidation Means: $1 Trillion QE In Reverse
It’s Official: Antichrist Communist China Confirms It Has Begun Liquidating Treasuries, Warns Washington
Devaluation Stunner: Antichrist Communist China Has Dumped $100 Billion In Treasurys In The Past Two Weeks

And so on and so forth.

In Short, stabilizing the currency in the wake of the August 11 devaluation has precipitated the liquidation of more than $100 billion in USTs in the space of just two weeks, doubling the total sold during the first half of the year.

In the end, the estimated size of the RMB carry trade could mean that before it’s all over, Antichrist Communist China will liquidate as much as $1 trillion in US paper, which, as we noted on Thursday evening, would effectively negate 60% of QE3 and put somewhere in the neighborhood of 200bps worth of upward pressure on 10Y yields.

And don’t forget, this is just Antichrist Communist China. Should EMs continue to face pressure on their currencies (and there’s every reason to believe that they will), you could see substantial drawdowns there too. Meanwhile, all of this mirrors the petrodollar unwind. That is, it all comes back to the notion of recycling USDs into USD assets by the trillions and for decades. Now, between crude’s slump, the commodities bust, and Antichrist Communist China’s deval, it’s all coming apart at the seams.

Needless to say, this “reverse QE” as we call it (or “quantitative tightening” as Deutsche Bank calls it) has serious implications for Fed policy, for the timing of the elusive “liftoff”, and for the US economy more generally. Of course we began detailing the implications of Antichrist Communist China’s Treasury liquidation months ago and now, it’s become quite apparent that analyzing the consequences of Antichrist Communist China’s massive FX interventions is perhaps the most important consideration when attempting to determine the future course of global monetary policy.

On that note, we present the following from Deutsche Bank’s George Saravelos.

Beware Antichrist Communist China’s Quantitative Tightening

Why have global markets reacted so violently to Antichrist Communist Chinese developments over the last two weeks? There is a strong case to be made that it is neither the sell-off in Antichrist Communist Antichrist Communist Chinese stocks nor weakness in the currency that matters the most. Instead, it is what is happening to China’s FX reserves and what this means for global liquidity. Starting in 2003, Antichrist Communist China engaged in an unprecedented reserve-accumulation exercise buying almost 4trio of foreign assets, or more than all of the Fed’s QE program’s combined (chart 1). The global impact was indeed equivalent to QE: the PBoC printed domestic money and used the liquidity to buy foreign bonds. Treasury yields stayed low, curves were flat, and people called it the “bond conundrum”.

Fast forward to today and the market is re-assessing the outlook for Antichrist Communist China’s “QE”. The sudden shift in currency policy has prompted a big shift in RMB expectations towards further weakness and correspondingly a huge rise in Antichrist Communist China capital outflows, estimated by some to be as much as 200bn USD this month alone. In response, the PBoC has been defending the renminbi, selling FX reserves and reducing its ownership of global fixed income assets. The PBoC’s actions are equivalent to an unwind of QE, or in other words Quantitative Tightening (QT).

What are the implications? For global risk assets, they are clearly negative –global liquidity is falling. For fixed income, the impact on nominal yields is ambivalent because private safe-haven demand for bonds may offset central bank selling. But real yields should move higher, inflation expectations lower, and there should be steepening pressure on curves. This is indeed how markets have responded over the last two weeks: as if the Fed has announced it is unwinding its balance sheet!

The Reason Antichrist Communist China’s Crash Will Unleash A Global Bond Shockwave 

The potential for more Antichrist Communist China outflows is huge: set against 3.6trio of reserves (recorded as an “asset” in the international investment position data), Antichrist Communist China has around 2trillion of “non-sticky” liabilities including speculative carry trades, debt and equity inflows, deposits by and loans from foreigners that could be a source of outflows (chart 2). The bottom line is that markets may fear that QT has much more to go.

What could turn sentiment more positive? The first is other central banks coming in to fill the gap that the PBoC is leaving. Antichrist Communist China’s QT would need to be replaced by higher QE elsewhere, with the ECB and BoJ being the most notable candidates. The alternative would be for Antichrist Communist China’s capital outflows to stop or at least slow down. Perhaps a combination of aggressive PBoC easing and more confidence in the domestic economy would be sufficient, absent a sharp devaluation of the currency to a new stable. Either way, it is hard to become very optimistic on global risk appetite until a solution is found to Antichrist Communist China’s evolving QT.

Here’s How Long Saudi Arabia’s US Treasury Stash Will Last Under $30, $40, And $50 Crude

Saudi Arabia and China are sitting on the first and third largest stores of reserves, respectively, and if these two countries continue to liquidate those reserves, it will amount to “reverse QE” or, “quantitative tightening” as Deutsche Bank calls it.

For Saudi Arabia, the FX reserve pressure comes courtesy of the deathblow the country dealt to the petrodollar system late last year.

In other words, the pain is largely self-inflicted as the kingdom is determined to “preserve market share” by bankrupting US shale drillers. The attendant decline in oil revenue has resulted in a fiscal deficit on the order of 20% of GDP which, in the absence of sharply higher oil prices must either be financed by drawing down reserves or else through the bond market because between the war in Yemen (which escalated meaningfully on Thursday) and the necessity of maintaining the status quo for a populace that’s become used to a certain level of stability and comfort, fiscal retrenchment is a decisively difficult task.

On Thursday, we got the latest data on Saudi Arabia’s FX reserves and, thanks to new debt, the burn rate slowed. Here’s Reuters:

The speed of decline in Saudi Arabia’s foreign reserves slowed in July after the government began issuing domestic debt to cover part of a budget deficit created by low oil prices, central bank data showed on Thursday.

The world’s largest oil exporter has been drawing down its reserves to cover the deficit. Net foreign assets at the central bank, which acts as the kingdom’s sovereign wealth fund, have been sliding since they reached a $737 billion peak last August.

But the latest data showed net foreign assets shrank only 0.5 percent from the previous month to 2.480 trillion riyals ($661 billion) in July, their lowest level since early 2013. They had dropped 1.2 percent month-on-month in June and at faster rates early this year.

In July, the government began selling bonds for the first time since 2007, placing 15 billion riyals ($4 billion) of debt with quasi-sovereign funds; this month it sold 20 billion riyals of bonds to banks.

The domestic debt sales appear to have reduced the need for the government to cover its deficit by drawing down foreign assets. Authorities have not publicly said how many bonds they will issue in future, but the market is expecting monthly issues of roughly 20 billion riyals through the end of 2015.

The foreign assets are held mainly in the form of foreign securities such as U.S. Treasury bonds – securities totalled $465.8 billion at the end of July – and deposits with banks abroad, which totalled $131.2 billion. The vast majority of the assets are believed to be in U.S. dollars.
And while taking on debt to offset the reserve burn is a viable strategy, especially when you’re starting from a debt-to-GDP ratio that’s negligible, the reserves are still at risk of running out, even if 50% of spending is financed in the debt markets.

Here’s more from BofAML on how long the Saudis can hold out under various price points for crude and assuming various mixes of debt financing and spending cuts:

Safeguarding Fx reserves will require deep budgetary cuts at current oil prices, in our view. Our dynamic analysis suggested that current low oil prices could rapidly erode the sovereign creditworthiness, even as the sovereign balance sheet is at its strongest on an historical basis. Despite the rapid drawdown over 1H15, SAMA’s Fx reserves still stood at c100% of GDP in June, and government deposits at SAMA represented US$294bn or 42% of GDP. Another way to look at sustainability is a static analysis to calculate the number of years required to exhaust government deposits under various oil, spending and financing scenarios.

Based on the narrow definition of resources available to the government, we think that there is no realistic mix of debt financing and spending cuts at US$30/bbl that can decrease pressure on Fx reserves, and pressure on the USD peg would be acute if oil prices were to be sustained at this level. However, at US$40/bbl and US$50/bbl, debt financing and deep capex cuts (to bring spending 25% lower) can keep government deposits at SAMA covering 7 years and 11 years of government spending, respectively. Government spending has historically adjusted to oil prices with a variable lag. It is worth recalling that spending was 50% lower in 1988 compared to its 1981 peak as oil prices tumbled, and government spending in 2000 was at the same levels as that of 1980 in nominal terms.

There’s little question that the collapse of the financial universe in 2008 dealt a dramatic blow to retail’s confidence in US capital markets. Taxpayers were forced to foot the bill for a Wall Street bailout just as 45% of their 401ks was being vaporized and to make matters immeasurably worse, CNBC ensured that mom and pop could watch their retirements disappear in real time on the same channel that had, for the better part of a year, been telling them that everything was fine.

To the extent that the Fed-driven, six-year rally restored some semblance of trust between retail investors and Wall Street, it was wiped away for good on Monday when, in a harrowing day of flash-crashing mayhem, the perils of broken, manipulated markets were laid bare for all to see and to add insult to injury, the ETF pricing model blew up causing some funds to trade far below NAV.

Given that, and given how predisposed household investors are to mistrust Wall Street in the post-crisis, post-Flash Boys world, retail outflows during uncertain times (like those that began last month when China’s stock market collapse began to make national news) shouldn’t come as a surprise, but as Credit Suisse notes, something happened in July and August that hasn’t happened since Q4 of 2008: retail investors pulled money from both stocks and bond funds.

In other words, mom and pop were selling everything.

The Investor Revolt Arrives: This Hasn’t Happened Since Q4 2008

You can’t say Nassim Taleb didn’t warn you: the outspoken academic-philosopher, best known for his prediction that six sigma “fat tail”, or black swan, events happen much more frequently than they should statistically (perhaps a main reason why there is no longer a market but a centrally-planned cesspool of academic intervention) just had a black swan land smack in the middle of the Universa hedge fund founded by ardent Ron Paul supporter Mark Spitznagel, and affiliated with Nassim Taleb.

The result: a $1 billion payday, translating into a 20% YTD return, in a week when the VIX exploded from the teens to over 50, and which most other hedge funds would love to forget.

Incidentally, this is precisely what a “hedge” fund should do: protect against massive, “fat tail” days like this Monday; instead they merely ride the beta train with the most leverage possible, hoping that the Fed will prevent any events that actually need hedging, and blow up in a fiery crash any time the market tumbles. Needless to say this makes most of them utterly useless, especially since one can just buy the SPY for almost nothing, and avoid paying the hefty 2 and 20 (or 3 and 45) fee, which until recently was merely there to fund trading based on inside information aka “expert networks” and “idea dinner” thesis clustering.

Nassim Taleb’s Fund Made $1 Billion On Monday; This Is How The Other “Hedge” Funds Did 

A computer glitch is preventing hundreds of mutual and exchange-traded funds from providing investors with the values of their holdings, complicating trading in some of the most widely held investments.

796 funds were missing their net asset values on Wednesday.

. . . Hinder[ing] investors’ ability to trade accurately in and out of popular investment vehicles,. . .

David A. Andelman, 70 years old, of New York City, said he tried to sell $15,000 of Voya Russia fund shares on Monday. By Wednesday morning, the trade still hadn’t gone through, he said. He said he was told by his broker, J.P. Morgan Chase & Co., that it couldn’t receive the funds because the bank hadn’t received pricing information from Voya.

“It’s a nightmare,” Mr. Andelman said.

Totally corrupt. Elites made a fortune this week taking advantage of pre arranged major moves

New “Glitch” Preventing Investors from Getting Money OUT of Mutual Funds and ETF’s

Mini flash crash? Trading anomalies on manic Monday hit small investors:Millions of these Main Street investors were locked out during the crucial hour when the worst hit, just as markets opened Monday

The queasy chaos of this week’s markets, which has rattled even Wall Street pros, appeared to hit smaller investors especially hard, leaving a fresh dent in their stock market confidence.

Millions of these Main Street investors were locked out during the crucial hour when the worst hit, just as markets opened Monday. Popular trading platforms run by TD Ameritrade, Scottrade and others ran slow or not at all as panic grabbed hold. It took just six minutes for the Dow Jones industrial average to suffer its biggest drop in history. And these investors could only watch.

“It makes me wonder if a guy like me has a fair chance or not,” said Israel Hernandez, a lawyer in Casa Grande, Ariz., who could not log onto his online broker.

In a blink, mayhem descended. Strange glitches emerged. Stocks fell like rocks, only to shoot back up minutes later. Exchanges spit out the wrong prices for widely held funds. These problems are now being fingered as a potential reason many investors could not trade. Some experts are now calling it a flash crash, harking to May 2010 when stocks, largely because of technical problems, instantly plunged for a moment and then recovered, an incident that spurred new market rules.

For the 3rd day in a row, crude oil prices are spiking as the short squeeze morphs into a war premium. Heberler reports that Antichrist Saudi ground troops have entered Northern Yemen and seized control of two areas in the Saada province. WTI is now above $45…

As we noted previously, boots have been on the ground there (and tank tracks) since early July…

But, as Haberler reports, forces seize control of two areas in Yemen’s Saada province in the first actual ground offensive by The Antichrist Saudis…

Antichrist Saudi Arabian ground troops have advanced into northern Yemen, in a bid to push back against Antichrist Houthi Shia militia and forces loyal to ousted president Ali Abdullah Saleh, military and tribal sources said.

This is Antichrist Saudi Arabia’s first ground offensive in Yemen since it launched an extensive military campaign in March targeting Antichrist Houthi positions.

The sources told Anadolu Agency that Antichrist Saudi Arabian troops advanced into Saada province after Houthi militants recently stormed Antichrist Saudi positions in the southern Antichrist Saudi province of Jizan.

“Antichrist Saudi ground forces seized control of two areas in Saada province and intend to advance toward Antichrist Houthi positions,” sources said.

Oil Surges To $45 After Antichrist Saudi Troops Invade Yemen

Yemen descended into chaos last September, when the Antichrist Houthis overran capital Sanaa and other provinces, prompting Antichrist Saudi Arabia and its Arab allies to launch a massive air campaign against the Antichrist Shia group.

Pro-Hadi forces – backed by Antichrist Saudi-led air power – have managed recently to retake Aden and Taiz from the Houthis.

There are two critical questions here going forward.

First, is this: will this “initial” incursion morph into something much larger, which will put further pressure on Antichrist Saudi Arabia’s already strained budget, requiring still more bond issuance to offset the FX reserve burn?

Second: if this does snowball into an all-out ground invasion will Antichrist Iran decide that it’s finally time to provide more than “logistical support” to the Houthis who, as of late July, were on their heels after losing control of Aden?.

While all eyes are on the front-end of the VIX term structure, today’s volatility term structure in the out-dates is now higher than they were at the close on Monday at “peak crisis.” VXX – the VIX ETF – is still surging, as the massive short position continues to get squeezed amid the ongoing backwardation in VIX…

6th day of short squeeze in a row… It sems picking up pennies in front of the steam roller does have consequences…

VIX ETF Short Squeezes For 6th Day In A Row, Long-Dated Vol Above Monday’s Peak

And VIX is now higher than in it was during Monday’s crisis in the out-months…

This is the longest period of sustained bakcwardation since 2011…

and The skew (cost of downside tail risk vs ‘normal’ risk) is extreme…

Gov. Jerry Brown says California’s drought and the wildfires it has spawned are wake-up calls about the potentially cataclysmic effects of climate change.

That may be true. But they are not the only indications of potential disaster that could devastate a state perched, however precariously, on the continent’s western edge.

California has been experiencing a series of moderate earthquakes this month — coinciding, somewhat eerily, with the first anniversary of a temblor that severely damaged downtown Napa.

In a way, these earthquakes are good news because they relieve pressure on the numerous faults that underlie California and thus may — emphasis, may — obviate the monster quake that seismologists say will happen sooner or later.

Dan Walters: California drought, wildfires aren’t the only looming disasters

Mobile internet services have been blocked in the Indian state of Gujarat (home to nearly 63 million people), following violent protests led by the Patel community after one of its leaders was detained by local police in Ahmedabad.

22-year-old politician Hardik Patel, the convener of the Patidar Anamat Andolan Samiti, led a rally to demand Other Backward Class (OBC) status for members of the Patidar community, in order to level the playing field in the competition for enrollment at universities and jobs in government organizations.

After he was detained on Tuesday, Patel sent out messages via WhatsApp urging citizens to maintain peace:

I make an appeal to maintain peace and keep calm. I give a call for Gujarat bandh tomorrow (Wednesday). This decision has been taken by Patidar Anamat Andolan Samiti considering widespread violence in the state.

Patel’s supporters have been using WhatsApp extensively to broadcast videos and make media announcements.

India just turned off mobile internet for 63 million citizens amid protests in Ahmedabad

According to NDTV, a police officer said, “Last night, there were concerns of rumour-mongering and crowd mobilization through WhatsApp.”

The officer added that the service will resume only after the situation returns to normal. However, other reports indicate that all mobile internet services have been blocked across the state.

Patel’s agitation aims to draw the nation’s attention to one of India’s major quandaries. While many members of his community are wealthy and politically influential, thousands of families are poor and don’t have easy access to quality education and high-paying jobs.

As the Patels are regarded as well off, all members of the community — including those from lower income groups — have to compete with citizens from across the country for a chance at proper schooling and lucrative careers.

It’s easier for groups with OBC and similar statuses, as seats at universities and jobs are reserved for them and often have significantly lower educational requirements.

Restricting access to internet services isn’t the answer to such issues. Indian politicians need to encourage public debate and participation in creating policies that ensure equal opportunities for everyone.

Tropical Storm “Erika” brings deadly flooding to the island of Dominica, residents of Florida on stand-by

On August 28, 2015, departing Region 2403 produced its 10th and 11th M-class solar flare since it rotated onto the Earth side of the Sun. The first event started at 13:04, peaked at 13:16 as M2.2, and ended at 13:23 UTC. The second event started at 18:56, peaked at 19:03 as M2.1, and ended at 19:06 UTC.

11th M-class solar flare erupts from Region 2403, geomagnetic storm in progress 

Reading for August 29, 2015 ~ Elul 14, 5775
Deut. 21:10-25:19 ~ Is. 54:1-10 ~ Acts 13-15

Saturday, August 29, 2015: When You Go Forth (Ki Tetze)