The Antichrist NWO 666 Central Banker Cabal Need To Detonate A WMD(Will It Happen Before The American Election Or After?)

by amongthenumberedsaints

In an interview with The Jerusalem Post on Monday, the US Deputy Secretary of Homeland Security Alejandro Mayorkas discussed a new agreement that the US and Israel will sign Tuesday, which will automate their sharing of cyber data for the first time.

Mayorkas made the announcement and spoke with the Post at the cyber conference at Tel Aviv University, along with the university’s head of its cyber department, Maj. Gen. (res.) Isaac Ben-Israel.

US Deputy of Homeland Security: US-Israel to sign automated cyber information sharing agreement.

Although the US and Israel have closely shared cyber information and signed several agreements in the past, the new agreement will qualitatively take the speed of sharing to an entirely different level, said the deputy secretary.

Revelation 13

And he is given power to give breath to the image of the beast, so that the image of the beast will even [appear to] speak, and cause those who do not bow down and worship the image of the beast to be put to death.

Artificial intelligence: ‘We’re like children playing with a bomb’ 

Just one quantum computer running artificial intelligence algorithms would be capable of connecting pretty much all the devices on the planet, Android creator Andy Rubin told an audience at the Bloomberg Technology Conference on Tuesday.

One AI Quantum Computer Could Run Entire Global Internet Of Things

Working in concert, AI and quantum computing could yield a conscious intelligence that would underpin every piece of technology, Rubin suggested.

Antichrist Communist China builds world’s most powerful computer.

A new supercomputer from Antichrist Communist China has topped the latest list of the world’s most powerful machines.

The 93 petaflop Sunway TaihuLight is installed at the National Supercomputing Centre in Wuxi.
At its peak, the computer can perform around 93,000 trillion calculations per second.

It is twice as fast and three times as efficient as the previous leader Tianhe-2, also from Antichrist Communist China, said Top500 which released the new list on Monday.

Its main applications include advanced manufacturing, weather forecasting and big data analytics, wrote Jack Dongarra in a paper about the new machine.

It has more than 10.5 million locally-made processing cores and 40,960 nodes and runs on a Linux-based operating system. For the first time since the list began, Antichrist Communist China has overtaken the US with 167 computers in the top 500 while the US has 165.

“Considering that just 10 years ago, Antichrist Communist China claimed a mere 28 systems on the list, with none ranked in the top 30, the nation has come further and faster than any other country in the history of supercomputing,” said Top500.

The US has four supercomputers in the top 10 of the Top500 list, while Antichrist Communist China has two which currently occupy the top two places.

The other positions in the top 10, published twice a year, are occupied by machines from Japan, Switzerland, Germany and Antichrist Saudi Arabia..

Elon Musk Is Advocating For Brain Chipping The Human Race

THE US NAVY HAS HELD MEETINGS TO DISCUSS HIGHLY CONTROVERSIAL MICROCHIP TECHNOLOGY WHICH COULD ONE DAY ALLOW THE GOVERNMENT TO TRACK THE MOVEMENTS OF EVERY SINGLE CITIZEN IN THE COUNTRY

US NAVY DISCUSSING PLANS TO MICROCHIP FIRST SOLDIERS THEN ALL AMERICAN CITIZENS

“And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.” Revelation 13:16,17 (KJV)

A number of naval officers visited the home of an American presidential candidate and “transhumanist” called Zoltan Istvan, who believes human beings should be fitted with technology to boost their brain power or enhance physical attributes.

ISTVAN SAID THEY DISCUSSED THE POSSIBILITY OF IMPLANTING HUMANS WITH CHIPS FITTED WITH GLOBAL POSITIONING (GPS) TECHNOLOGY.

US Navy ‘discussed plans to fit humans with microchips and track their every move’

In his letter, Vice Admiral Wisecup said the meeting broadened “our understanding… of the merger of humans and machines”.

Austerity Kills! Bank Of Greece Admits “Greeks’ Health Deteriorating, Life Expectancy Shrinks”

The Bank of Greece may not write it in such a melodramatic way on its Monetary Policy Report 2015-2016. However, the conclusions in the chapter about “Reforms in health, economic crisis and impact on the health of population” are shocking and confirm what we have been hearing and reading around from relatives and friends in the last years.

The Fed Has Brought Back “Taxation Without Representation”

Every dollar you take out of the system is a vote against it. 

WORLD DEBT CRISIS: Federal Reserve Paralyzed

Perpetually under-performing international equity markets are testing critical support.

With the selloff in the U.S. stock market this week, it is easy for domestic investors to lose sight of one thing: it could be a lot worse. As in, one could be heavily exposed to international markets and subject to the disproportionate damage that has afflicted many of those markets for almost a decade now. For example, let’s look at the performance ratio between the MSCI Europe Australia & Far East Index, a.k.a., the “EAFE”, versus the S&P 500. After topping out in late 2007, the ratio has been on a relentless decline. And in the past few days, the ratio has dropped to a fresh all-time low, yet again.

This chart is just a reminder of 2 things. First, international equity markets have severely under-performed the U.S. for some time now, largely due to the terrific run in U.S. stocks. Secondly, while the trend will eventually reverse, it shows no sign of doing so imminently.

If we look at the EAFE in absolute terms, we find it at an important juncture in the context of its post-February intermediate-term rally. After bottoming in February, the index was able to break above its post-May 2015 Down trendline in April. This allowed it to pop higher by another 6% or so, temporarily. The EAFE has since dropped back down, testing the breakout point successfully in mid-May before resuming its short-term downtrend in the past few weeks. Currently, it is testing an arguably make-or-break level as it pertains to the survival of the post-February rally.

As the chart shows, the index is presently testing the confluence of A) the top of the broken post-2015 Down trendline and B) the 61.8% Fibonacci Retracement of the February-April bounce. If this area gives way, it will very likely be the nail in the coffin for the post-February rally. Thus, if these international markets wish to extend the bounce, they best get it going right here and now.

Consider this their wake up call.

A Wake Up Call For International Stocks

With the Fed failing to stimulate “animal spirits” and reflate risk assets over the past 18 months, the one remaining trade in a world of central bank “Policy failure” was buying bonds, both government and now that the ECB is in the game, corporate too. Sure enough the world did just that: as we pointed out yesterday, with central banks having broken every market, the only possible “sure thing” is to frontrun even more future central bank action (and faillure) which as of this moment means just one thing: buying even more bonds.

This has led to a stunning outcome: as reported on Friday, from an absolute return perspective, US equity & global credit prices have been stronger than fundamentals imply. Paradoxically, as BofA’s Michael Hartnett points out, this is due to the Mountain of Cash (i.e. bearish sentiment) & the fact that every interest rate in the world has been plunging toward zero. As a result, global government bonds are annualizing 23% YTD total returns, the highest in 30 years (see below). And currently, $9.7tn of global bonds are yielding <0%. This number will only grow as everyone rushes into the “safety” of bonds.

This Is What The Coming “Bond Shock” Will Look Like

As BofA adds “despite unprecedented central bank policies of QE, ZIRP & NIRP, 655 rate cuts since the Lehman bankruptcy, $12.3tn of central bank financial asset purchases, prospect of a “one & done” Fed, central banks have lost the “War against Deflation”. They have failed to stimulate animal spirits depressed by the 4D’s of excess Debt, financial Deleveraging, aging Demographics and technological Disruption.” This “central bank failure” helps explains the recent unprecedented scramble into bonds: a deflationary instrument… and trade.

But will it continue?

The only thing that can halt the tsunami of bond buying, would be a Bond Shock, an event that is certain to take place, the only question is when (the last time it took place was just over a year ago as described in “Two Years Later, The VaR Shock Is Back”.

As Hartnett adds, the relentless buying of TSY paper changes “if Quantitative Failure spreads from Europe & Japan to the US.” Here’s how to time it:

The precipitating factors would include a “rise in US bank CDS and/or a dive in assets related to consumer & housing credit would be very negative for global asset prices in our view. Note the new whispers of a peak in the US consumer credit cycle which, if true, at a time of zero rates in an $18 trillion, consumer-led economy would be concerning.”

Alternatively, with interest rates dropping so sharply and bond yields in unprecedented territory, we believe vulnerability to a “bond shock” (a fast, unexpected rise in yields) is growing. A bond shock happened in Germany 2015, US 2013, Spain 2012, Japan 1998, 2003, 2005, and happens in EM quite often. Signs of credit market excess are evident today with HY Energy (H0EN) the most overbought in 6.5 years (14% >200dma) and US IG (C0A0) the most overbought in 3.5 years (4.6% >200dma).
And here is what the upcoming bond shock would look like, as well as how to trade it: “Table 1 explores the basic rules to follow if one expects a “bond shock”: stocks down, banks down a lot, consumer staples/healthcare outperforms, small outperforms large, FX reaction depends on capital flow needs… DM FX appreciates, EM FX collapses).

In other words, while the Fed hates the constant buying of bonds as it reduces the funds available to purchase stocks, it will hate the sudden, dramatic repricing that would result from a bond liquidation also known as a bond shock, even more.

Finally, for those eager to quantify the damage, Goldman already did the math two weeks ago: a 100 basis point blow out in yields would result in losses of up to $2.4 trillion.

And that’s in the US alone. Add the rest of the world and one is looking at as much as $8 trillion trillion in global MTM credit losses.

We bring this up just in case there is still any confusion what the real reason behind Bullard’s unprecedented recanting on Friday was, and why the Fed has now given up on renormalizing interest rates, precisely as we previewed two weeks ago in “Why the Fed is trapped.”

10Y Treasury yields just broke below February’s flash-crash lows and ar enow trading back to their lowest since August 2012 with the yield curve also collapsing (2s30s down 6bps to 168bps – lowest since Jan 08). US equity markets are also tanking, led by banks – as contagion spreads – crashing back to unchanged year-to-date.

Bond yields are collapsing….

Bond Yields Crash Below Feb ‘Flash-Crash’ Lows As US Stocks Lose 2016 Gains

and the curve is flattest since Jan 2008…

and US equities have basically erased all their 2016 gains..

and Gold and The USD Index are surging…

REMINDER “Retired Lt. Gen Michael Flynn, the former Defense Intelligence Agency chief, once said “You cannot defeat an enemy you do not admit exists,” referring to the administration’s refusal to use the phrase ‘Antichrist Islamic militants” when referring to jihadists.” Obozo still will not name the enemy and it has nothing to do with “political correctness,” it is because he has no plans to “defeat the enemy,” his only goal is to disarm Americans.

The Darkest Time In Prophetic History Is Now Upon Us’ – The Final Act Has Begun As The Ultimate Purpose For Orlando Massacre Is Exposed 

Antichrist Iran’s Khamenei threatens to ‘set fire’ to nuclear deal if West violates

NOTE: Based on the trend, the Antichrist spirit that moves the satanic globalist agenda has been telegraphing it’s punches very obviously for anyone paying attention to see, and at this point in time any and all chatter related to the coming WMD event shall be posted with extreme attention  and warning from now on.

Based on current analysis, a WMD event will be used to establish the prophetic global mark of the beast security system, which will be the final attempt to capture the entire global population so that nobody is able to buy sell or trade, go online etc… (this is also how they will be able to prevent Bit Coin and other crypto currency attempts to divest from the Antichrist mark of the beast system or enslave platforms like that, and things like; mandatory emergency false flag ”vaccination requirements etc…”, are marked and sealed within) without the Antichrist New World Order global ID name and number system for every individual on Earth. This event will also establish the crisis to make that a global law agreed upon, but it shall also force Israel to submit to the prophetic sealing of the Antichrist 2 State Final Solution and the weapon of mass destruction event will force the Antichrist muslims to allow for the rebuilding of the Antichrist Jewish version of their Temple for their Antichrist version of their messiah who shall stand in the Holy Place as it is written of Sodom and Egypt, AKA Jerusalem. This event, based on the trend, shall confirm the prophetic covenant with many and the Antichrist tribulation era, when the two witnesses endure their last mission and the gospel of our Father in Christ has been fully preached unto all nations.

This event, based on the trend, is the only thing that currently makes prophetic sense within the 2016-2017 time frame measured with the prophetic 3 1/2 year timing looking forward based on the trend and confirming celestial  and terrestrial convergences.

…as it has been stated many times, New York City has always been their prime target for this action.

15 Facts About The Imploding U.S. Economy That The Mainstream Media Doesn’t Want You To See.

In much of the rest of the world, things are already in full-blown panic mode. For instance, Venezuela was once the wealthiest nation in South America, but now people are literally hunting cats and dogs for food.

Absent a major “black swan event” of some sort, we won’t see that happening in the United States for at least a while yet, but without a doubt we are steamrolling toward a major economic depression.

Unfortunately for all of us, there isn’t anything that any of our politicians are going to be able to do to stop it.

You are about to see undeniable evidence that the U.S. economy has been slowing down for quite some time. And it is vital that we focus on the facts, because all over the Internet you are going to find lots and lots of people that have opinions about what is going on with the economy. And of course the mainstream media is always trying to spin things to make Antichrist NWO 666 Barack Obozo The 911 Homosexual Climate Change No Boots SPECTRE POTUS Clown and Hillary 911 Clinton look good, because those that work in the mainstream media are far more liberal than the American population as a whole. It is true that I also have my own opinions, but as an attorney I learned that opinions are not any good unless you have facts to back them up. So please allow me a few moments to share with you evidence that clearly demonstrates that we have already entered a major economic slowdown. The following are 15 facts about the imploding U.S. economy that the mainstream media doesn’t want you to see…

1. Industrial production has now declined for nine months in a row. We have never seen this happen outside of a recession in all of U.S. history.

2. U.S. commercial bankruptcies have risen on a year over year basis for seven months in a row and are now up 51 percent since September.

3. The delinquency rate on commercial and industrial loans has been rising since January 2015.

4. Total business sales in the United States have been steadily dropping since the middle of 2014. No, I did not say 2015. Total business sales have been in decline for nearly two years now, and we just found out that they dropped again…

Total business sales in the US did in April what they’ve been doing since July 2014: they dropped: -2.9% from a year ago, to $1.28 trillion (not adjusted for seasonal differences and price changes), the Censuses Bureau reported on Tuesday. That’s where sales had been in April 2013!

5. U.S. factory orders have been dropping for 18 months in a row.

6. The Cass Shipping Index has been falling on a year over year basis for 14 consecutive months.

7. U.S. coal production has dropped to the lowest level in 35 years.

8. Goldman Sachs has its own internal tracker of the U.S. economy, and it has fallen to the lowest level since the last recession.

9. JPMorgan’s “recession indicators” have risen to the highest level that we have seen since the last recession.

10. Federal tax receipts and state tax receipts usually both start to fall as we enter a new recession, and that is precisely what is taking place right now.

11. The Federal Reserve’s Labor Market Conditions Index has been falling for five months in a row.

12. The employment numbers that the government released for last month were the worst that we have seen in six years.

13. According to Challenger, Gray & Christmas, layoff announcements at major firms are running 24 percent higher this year than they were at this time last year.

14. Online job postings on the business networking site LinkedIn have been declining steadily since February after 73 months in a row of growth.

15. The number of temporary workers in the United States peaked and started falling precipitously before the recession of 2001 even started. The exact same thing happened just prior to the beginning of the 2008 recession. So would it surprise you to learn that the number of temporary workers in the United States peaked in December and has fallen dramatically since then?

Earlier today, we learned that two of our biggest corporations will be laying off even more workers. Bank of America, which is holding more of our money than any other bank in the country, has announced that it is going to be cutting about 8,000 more workers…

Bank of America is expected to reduce staffing in its consumer banking division by as many as 8,000 more jobs.

The nation’s largest retail bank by deposits has already reduced the staffing in its consumer division from more than 100,000 in 2009 to about 68,400 as of the end of the first quarter of 2016, said Thong Nguyen, Bank of America’s president of retail banking and co-head of consumer banking at the Morgan Stanley Financials Conference Tuesday.

And Wal-Mart has announced that it is going to be eliminating “back-office accounting jobs” at approximately 500 locations…

Walmart is going to cut some back-office accounting jobs at about 500 stores in a bid to become more efficient.

The job cuts will occur mostly at stores mostly in the West and involve accounting and invoicing workers, says spokesman Kory Lundberg. Instead, bookkeeping functions will be switched to Walmart’s home office in Bentonville, Ark. Cash at the stores will be counted by machine.

Day after day we are hearing about more layoffs like this. So why would this be happening if the U.S. economy truly was in “recovery mode”?

Even with how manipulated the GDP numbers are these days, Barack Obama is on course to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. The truth is that our economy has been stuck in the mud ever since the end of the last recession, and now a major new downturn has clearly already begun.

And you want to know who else realizes this?

Foreign investors do.

Last month, foreign investors dumped U.S. debt at the fastest pace ever recorded…

Foreign investors sold a record amount of U.S. Treasury bonds and notes for the month of April, according to U.S. Treasury Department data on Wednesday, as investors priced in a few more rate increases by the Federal Reserve this year.

Foreigners sold $74.6 billion in U.S. Treasury debt in the month, after purchases of $23.6 billion in March. April’s outflow was the largest since the U.S. Treasury Department started recording Treasury debt transactions in January 1978.

There is no debate any longer – the next economic crisis is already here. This is so abundantly obvious at this point that even George Soros has been feverishly dumping stocks and buying gold.

We can argue about whether the U.S. economy started turning down in late 2015, early 2015 or late 2014, and it is good to have those debates.

But at the end of the day, what is far more important is what is ahead.

X’ Marks The Spot – Wages Started Losing When The Dollar Delinked From Gold In 1971

The Third Seal—Famine
5 When He (the Lamb) broke open the third seal, I heard the third living creature call out, “Come.” I looked, and behold, a black horse [of famine]; and the rider had in his hand a pair of scales (a balance).

Revelation 6 

6 And I heard something like a voice in the midst of the four living creatures saying, “A quart of wheat for a denarius (a day’s wages), and three quarts of barley for a denarius; and do not [f]damage the oil and the wine.”.

Ephesians 6 

In conclusion, be strong in the Lord [draw your strength from Him and be empowered through your union with Him] and in the power of His [boundless] might. 11 Put on the full armor of God [for His precepts are like the splendid armor of a heavily-armed soldier], so that you may be able to [successfully] stand up against all the schemes and the strategies and the deceits of the devil.

For our struggle is not against flesh and blood [contending only with physical opponents], but against the rulers, against the powers, against the world forces of this [present] darkness, against the spiritual forces of wickedness in the heavenly (supernatural) places. 13 Therefore, put on the complete armor of God, so that you will be able to [successfully] resist and stand your ground in the evil day [of danger], and having done everything [that the crisis demands], to stand firm [in your place, fully prepared, immovable, victorious].

14 So stand firm and hold your ground, having [b]tightened the wide band of truth (personal integrity, moral courage) around your waist and having put on the breastplate of righteousness (an upright heart), 15 and having [c]strapped on your feet the gospel of peace in preparation [to face the enemy with firm-footed stability and the readiness produced by the good news]. 16 Above all, lift up the [protective] [d]shield of faith with which you can extinguish all the flaming arrows of the evil one. 17 And take the helmet of salvation, and the sword of the Spirit, which is the Word of God..

Prophecy Update News in Review for 6/13/16 

In a special weekend edition of TRUNEWS, co-hosts Doc Burkhart and Edward Szall will speak with prophecy historian Tom Horn about his latest book, “The Final Roman Emperor, The Islamic AntiChrist, And The Vatican’s Last Crusade”

TRUNEWS 06/11/16 Tom Horn | Vatican’s Last Crusade 

Listen as Mr. Horn shares the final entry to his 4-year investigation into the Vatican, freemasonry and the emergence of a One World Religion.

As Predicted In INHUMAN Documentary, U.S. Academies Give Go-Ahead To Species-Replacing Gene Drives For First Time Since Days Of Noah.

A technique that allows particular genes to spread rapidly through populations is not ready to be set loose in the wild, warns a committee convened by the US National Academies of Sciences, Engineering, and Medicine. In a report released on 8 June, the committee argued that such ‘gene drives’ pose complex ecological risks that are not yet fully understood. “It is not ready — and we are not ready — for any kind of release,” says Elizabeth Heitman, co-chair of the committee and a research integrity educator at Vanderbilt University School of Medicine in Nashville, Tennessee.

US Approval For ‘Gene Drive’ Is Unwise, Say Scientists: Could Unleash INHUMAN Fast-Spreading Genetic Mutations, Ecological Risk 

A team of U.K. scientists is pushing to develop a process for genetically modified babies, using DNA from four parents. The Christian Institute reports that a group of scientists at Newcastle University have been experimenting with Pro-Nuclear Transfer (PNT), which involves transferring DNA from one embryo (created with DNA from two parents) to another embryo (also created with DNA from two parents), thus creating an embryo with DNA from four different individuals. Many scientists and ethicists have condemned the process because it is risky and involves the destruction of hundreds of embryos. Nevertheless, the Newcastle team hopes to continue with their research.

Quad-Phillim? Scientists Want To Create Babies FROM DNA OF 4 PEOPLE

With British mood turning sharply negative toward remaining in the Eurozone according to recent polls, and Brexit suddenly looming, the worst case scenario for the scaremongers is starting to play out: with the endless doomsday scenario postulated by pundits, economist and central bankers, among which BOE governor Carney himself warning of a potential recession, a collapse in Sterling and a sharp drop in capital markets and David Cameron going so far as threatening with war, this may be about to play out. And, if anything, the passage of Brexit would test just how bad at forecasting all the supposedly smartest people once again are.

However, these ridiculous predictions of fire and brimstone will not happen. The ECB has made sure of that.

According to a Reuters report, the European Central Bank would publicly pledge to backstop financial markets in tandem with the Bank of England should Britain vote to leave the European Union.

In other words, Brexit is now the most bullish thing conceivable, something we first hinted a month ago…

… because it would unleash another major central bank intervention to prevent precisely the outcome that was predicted so many times by the central bankers themselves.

As Reuters adds, the preparations illustrate the heightened state of alert ahead of the June 23 referendum, which will help determine Britain’s future in trade and world affairs and also shape the EU. The pound and euro have lost value on fears a Brexit could tip the 28-member bloc into recession.

An announcement from the ECB would come on Friday, June 24, if the early-morning result showed that British voters had chosen to leave the EU, Reuters says citing sources whose job is to preserve market stability at all costs. Indeed, “the aim is to underpin investor confidence across Europe and contain further market jitters.” Because clearly investors are not terrified enough of a world in which every asset price is now entirely a function of central bank backstops.

How will the ECB “backstop” assets? Simple: by using a tried and true approach: “there will be a statement to do whatever it takes to maintain adequate market liquidity,” said one senior central bank official, who spoke on condition of anonymity.

The ECB’s pledge would involve opening so-called swap lines with the Bank of England, allowing euros and sterling to be exchanged and effectively making unlimited funding in both currencies available to European banks, the sources said.

The Bank of England said last month that possible “heightened uncertainty” due to the vote may make it harder for banks to tap their usual sources of foreign currency and that it would keep its operations, including swap lines, under review.The ECB used similar arrangements with the U.S. Federal Reserve to unlock extra dollars during the financial crisis and after the 9/11 attacks.

Providing extra funds to banks after a Brexit vote would ease pressure on them and reduce the potential for panic as financial markets digest the result on Friday, June 24, shortly before closing for the weekend.

Yes, it will help in the very short run. Anything beyond that will simply make banks even more reliant on the daily whims of the ECB, something which as the record low Credit Suisse and Deutsche Bank stock price demonstrate has become a total failure.

What else will the ECB do: as Reuters adds, “the ECB is limited in what it can do, beyond releasing funds for banks. Extending its money-printing program, which has already saturated markets with more than one trillion euros ($1.1 trillion) and is gradually running out of bonds and securities to buy, would likely be contested by some countries such as Germany.”

Such a move could only be considered if the market fallout from a Brexit were to weigh on the regional economy over the longer term.

In the days around the referendum – which is expected to be closely contested – governors of European central banks will hold a series of meetings, some of which were scheduled independently of the vote. These gatherings may present an opportunity to fine-tune their response.

Bank of England governor Mark Carney is due to meet ECB President Mario Draghi and European peers in Frankfurt on June 23, the day Britons cast their vote.

It will all start with a phone call. Governors from across the 19 European countries that use the euro have also scheduled a telephone conference call the following day to decide their response to the vote, two people with knowledge of the matter said. A statement could follow.

Of course, if current polls are any indication, a statement will follow. In the statement, the ECB may have no choice but to say it will be buying up stocks of banks as it cross the Rubicon into supporting the riskiest of assets. Which is understandable: having already crushed price discovery in the corporate bond market, Mario Draghi should just go all the way and determine every single asset price.

And topping it all off will be a meeting at the one place where every global bailout takes place: the BIS headquarters in Basel.

On the weekend after the vote, central bank chiefs from around the globe will gather in Switzerland for the annual meeting of their umbrella body, the Bank for International Settlements.

Here They Come: ECB Pledges To Bailout Markets In Case Of Brexit.

The Bank of England has already sought to avert any liquidity squeeze ahead of the vote by providing injections of cheap funding for banks ahead of the vote. The first of two such batches was released on Tuesday, prompting banks to request 2.5 billion pounds ($3.5 billion) for six months.

In short: a vote for Brexit is just the catalyst the central banks need to unleash the next, and perhaps greatest, intervention in “capital markets” yet.

And now that the plague, locust and generally apocalyptic outcomes from a Brexit vote have been eliminated thanks to the central planners in Frankfurt, and a Brexit is actually a “good thing” if only for the uber-wealthy, go ahead and vote.

€348 Million: ECB Releases First Total Of Corporate Bond Purchases 

Between the fact that central banks have created an environment in which over $10 trillion in government debt trades at negative yields, and the threat of the UK actually leaving the European Union becoming more of a reality, some bizarre things are starting to happen in the world.

For example, investors now have to load up on 3x the risk just to achieve the same portfolio return as 20 years ago, and negative mortgage rates have started to show up across Europe.

And now, between the search for yield due to Draghi’s policies, and the perceived safety of Danish mortgage backed securities, mortgage borrowers in Denmark can borrow at a cheaper rate on a 30-year loan than the US government.

As Bloomberg notes, mortgage backed securities are attracting investors in search of a perceived safe haven that still has some liquidity and yield attached to it.

Denmark’s $450 billion bond-backed mortgage market has already gone through several extremes since the central bank four years ago first resorted to negative rates to defend the krone’s peg to the euro. Most strikingly, rates on short-term mortgages dropped below zero. Now, with the risk of a so-called Brexit looming, investors trying to get their hands on Denmark’s top-rated assets are finding that its mortgage bonds offer more liquidity than government debt, making the securities a magnet for safe-haven flows.

“It’s a Brexit hedge case,” said Jan Weber Oestergaard, senior analyst at Danske Research. “We’re seeing a lot of interest from foreign clients.”

Bizzaro World: Danish Homebuyers Now Pay Less To Borrow Over Thirty Years Than The US Government

And so we now find that we live in a world where markets are so upside down, that individual borrowers in Denmark have a lower credit risk than the United States government over a thirty year horizon. Don’t think about it too long, or blood will start shooting out of your eyes.

16% Of Europe’s IG Corporate Bonds Now Yield Below 0% 

It’s not just about negative yielding sovereign debt anymore.

As a reminder, in its latest calculation in early June, Fitch estimated that the total amount of fixed-rate sovereign debt trading at negative yields grew to $10.4 trillion ($7.3 trillion long term and $3.1 trillion short term) as of May 31, up 5% from the $9.9 trillion that Fitch calculated as of April 25. Of this Japan still by far the largest source. Modest declines in Japanese, Italian, German and French sovereign yields during the month drove the $0.5 trillion increase in the total stock of negative-yielding debt.

Of course, now that the German 10Y Bund is borderline subzero (earlier today Germany auctioned off €3.3 BN at 0.01% in an uncovered auction), we expect the total sovereign notional amount to rise even higher and may surpass $11 trillion in negative yielding debt.

However, as Reuters writes this morning citing Tradeweb data, it’s now time to also look at corporate debt, because the amount of euro-denominated investment-grade corporate bonds with negative yields has tripled over the last six weeks, a move accelerated by their inclusion in the European Central Bank’s quantitative easing programme.

Specifically around 16%, or 440 billion euros, of the 2.8 trillion euros of these bonds now yield less than zero, up from around 5% at the start of May, according to Tradeweb data.

The culprit for this, as for the NIRP sovereign bond debt paradox, which as DB said is the “Simple Indicator Of A Broken Financial System” is, of course, the ECB which started buying corporate bonds last week, and in a single day bought 348 million euros, well exceeding market expectations.

We anticipate that global bond yields will turn even more negative in coming weeks, putting even more downward pressure on US corporate and sovereign yields, as the rest of the world rushes to the only remaining fixed income securities that offer a positive yield, in the process pushing the long end of the curve, and flattening the yield curve to the point where concerns about not just a global, but domestic recession, will force the Fed out of its hypnosis that all is still well.

Question of the Day: When Was the Last Time the Yield on German 10-Year Bonds Went Negative?

That is sort of a trick question. Most likely you were not alive, no matter how old you are.

Puerto Rico Bonds Jump As Supreme Court Strikes Down Debt Restructuring: Only Congress Can Bail Them Out Now 

If there was any doubt that Brexit was “relevant” then the surges in European peripheral bond risk, despite massive bond-buying by The ECB, should send shivers up and down the status quo huggers that are shrugging the referendum decision off because “central banks will provide liquidity.” However, it’s not just The UK that EU officials need to worry about, as The Globalist notes, Germany will have to change its policies if it wants to avoid exit of other countries from the eurozone.

Portugal, Italy, and Spain are all seeing bond risk explode in recent weeks…

“Please don’t go” pleads the German newsweekly Der Spiegel on its cover this week, asking the British to vote against Brexit on June 23rd. Indeed, especially from the point of view of Germany, Brexit would be a disaster.

We Germans would be left without a pro-market partner among the larger EU economies. After a British exit, the EU would be dominated by countries believing in the power of the state and the virtues of redistribution. The European Union would lose a pivotal voice of economic common sense without the UK as a member.

On more than 20 pages of coverage, Der Spiegel brings up many arguments in favor of a “remain” vote. Reading it all, one is left with the distinct impression that the supporters of Brexit have nostalgic memories of Britain’s glorious past and are more emotional than rational in their views.

Increasing economic tensions
Astonishingly, the major economic problems of Europe and the eurozone are left unaddressed. Wolfgang Schäuble, the German finance minister, can even claim in an interview that Spain, Portugal and Ireland “have overcome the crisis” and that “much also has happened in Greece.” Well, as we all know:

Greece is bankrupt, even as eurozone politicians continue their game of “pretend and postpone” when it comes to managing Greece’s debt mountain.
Spain is unable to stabilize its debt-to-GDP ratio even in the most optimistic scenarios and under the stewardship (until now) of the conservative party.
Portugal has a total debt load above the level of Japan (about 400% of GDP), paired with a shrinking population, lack of education and innovation and clearly bankrupt.
Ireland was and is competitive, but will never be in a position to pay off its huge private and public debt burden in an orderly way.
Only thanks to the ECB’s policy of quantitative easing and negative interest rates, has the eurozone not imploded until today.

Only thanks to the ECB, do countries with higher debts and poorer demographics pay lower interest rates on their debt than does the United States of America.

Unfortunately, the ECB can only buy time. It cannot fix the underlying problems of too much debt and diverging competitiveness.

Only the politicians could handle this problem, but they shy away from tackling it for fear of their electorates. Meanwhile, debt levels grow and imbalances remain as ever before.

Germany benefits from the weak euro
Germany, for its part, celebrates an ever-growing trade surplus, which is expected to reach 9% of GDP in 2016. This strength of the German economy is also an important aspect of the ongoing Brexit discussion. Only rarely is it stated as explicitly as in this comment in The Telegraph. The argument goes as follows:

stated as explicitly as in this comment in The Telegraph. The argument goes as follows:

The key to German success is this: it participates in a weak currency (whose value would collapse without it) enabling its exports to sell far more cheaply than had it retained the Deutschmark. Therefore, it continues to grow in economic strength relative to its partners – including us – but especially those in the Eurozone, notably France and Italy, who would benefit greatly from restoring the Franc and the Lira
Any net exporter in the EU also benefits hugely from the vast and incomprehensible welter of EU regulations on products and employment law, which keep external competitors at arm’s length and pile costs on them if they wish access to the single market.

“Germany is so rich, and getting richer at the expense not least of its partners,” states The Telegraph and comes to the conclusion that, “German domination of the EU means it has conquered without war, and signing up to the EU is signing up to the Fourth Reich.”

Leaving aside the overblown rhetoric, according to this view, a combination of currency dumping and unfair competition lies at the heart of Germany’s success. The solution can only be a limitation of Germanys export strength.

The problem with this argument is, like with all populist arguments, that it has a grain of truth in it. Germany has indeed benefitted from the weak euro in past years. Germans have focused on producing cheaper, not smarter, since the introduction of the euro, as per capita productivity gains have stalled.

Political tensions inevitable
JP Morgan already showed on 2012 that a divergence of economic performance led to tensions — and even war — in Europe over the past 150 years. For the purpose of illustration, I have added the analysis for today’s development:

Of course, there are many more factors leading to war. In contrast to British Prime Minister David Cameron, I do not fear another war in Europe should Britain vote to leave or the whole EU fall apart.

In addition, the divergence today is not as big as in past times. Still, we should take this indicator seriously. Clearly more seriously as German politicians are taking it now.

Given the overall development, it is no wonder that the public of Europe turns more and more Euroskeptic.

Only this spring did eurozone output manage to reach pre-crisis levels. Italy and Spain are still not there yet, while France is stuck in a never ending recession, or so it seems.

Where this turns potentially toxic is that the publics of other countries would like to have a vote on remaining in Europe, just like the British.

55% of the French and nearly 60% of the Italians would like to vote. 40% of the French and nearly 50% of the Italians would vote for an exit.

Of course, it remains to be seen whether such a separation, if it were to happen, actually led to an improvement in the national economic situation in the respective countries.

Many factors are domestic, but at the same time it can’t be denied that Germany’s failed euro policy is a mighty contributor to the worsening sentiments.

Germany’s export based model increases tensions
A key precondition for a recovery of Europe from the crisis is a rebalancing of trade flows. There was some progress in the past years, but the adjustment mainly took place via lower imports. Only Spain and, to a certain extent, Italy managed to increase their exports.

Meanwhile, the German trade surplus with the other eurozone members shrank, while it grew significantly with the rest of the world.

Of course, this is not only due to the weak euro but also the industrial structure of Germany, which benefits over proportionately from globalization and industrialization.

This one-sided focus on export-based growth has led to intensified criticism in Europe and the world, including from the U.S. Secretary of the Treasury, Jacob Lew.

German trade surpluses distract demand from foreign countries and amplify their problems. “Stealing” demand in a world suffering from underutilization of capacities naturally causes frictions.

Therefore, it would be in Germany’s own interests to lower the export surplus. Especially as every trade surplus is linked with a similar export of savings into the world. Most of the surplus of nearly 9% of GDP will be provided as credit to customers abroad, which are already highly indebted.

In a world suffering from too much debt, it is a dubious, if not stupid strategy, to export savings and risk not getting the money back.

It would be much wiser for Germans to spend that money at home to fix the crippled infrastructure and to improve our education system.

Failure of Germany’s eurozone policy
The refusal of German politicians to acknowledge the need for a debt restructuring, which by definition needs German participation as the main creditor of the eurozone, worsens the financial, economical and political damage of the failed euro project.

It is impossible to escape bankruptcy with austerity and reforms. The German policy try to rescue the euro is a complete failure. The vote on Brexit and the increased anti-Euro-feelings of the European public prove the point.

Change of course necessary
If the Germans really want to avoid a Brexit or the exit of other countries from the Eurozone, they will have to change their policies.

Unfortunately, German politicians and economists prefer to criticize the other countries instead of doing their homework.

They oppose spending more money at home, they oppose a debt restructuring, they oppose debt monetization by the ECB, they oppose exits from the eurozone. In doing so, they increase the pressure in the system as Europe remains locked in recession.

Irrespective of how the British vote next week, the problems of Europe keep on growing. It is only a question of when, not if, a euroskeptic party gets into power in one of the largest EU economies, promising to solve all problems by exiting the Euro and the EU.

I continue to see Italy as the prime candidate for such a move. The country suffers under a recession which has by now lasted longer than the recession of the 1930s. It still has not managed to get back to 2008 GDP levels.

Unemployment is high, government debt is out of control. Closing the competitive gap to Germany by lowering wages by 30% is a ridiculous idea and an impossible task.

The alternative is to leave the eurozone. Italy could then devalue the new lira and regain competitiveness overnight. An Italian uscita (exit) – or “Uscitaly” in the latest clever term of art – is the true risk for the eurozone.

And it would be too late when Der Spiegel comes up with a new cover: “Mon dio, Italia. Si prega di non uscire!”

Germany has other problems too

European Peripheral Bond Risk Explodes: Forget Brexit, “Now It’s Italy’s Turn” 

Speak of the quant devil: only earlier today we were referencing the most recent warning by JPM’s quant guru, Marko Kolanovic, and lo and behold, just minutes later the man with the impeccable record of picking market inflection point released a new report which contains his most dire market forecast yet for 2016.

Here are his latest comments with the key sections bolded by us:

Over the past month, the market rose despite mixed fundamental data, weak seasonal patterns, and nearing risk from catalysts such as Brexit. In our view, recent gains did not have much justification in fundamentals or investors’ psychology (‘climbing a wall of worry’) but were significantly driven by inflows from systematic strategies. Our analysis suggests that most of the technical buying is now exhausted and leverage in the system is high. Convexity of option market makers have also turned negative, supporting higher realized volatility in the near future. As we analyze below, other important market participants – pension funds, hedge funds, corporates (buybacks), retail investors and foreign investors – are less likely to provide significant support for the market near term. The weak technical, seasonal, and flow trends pose elevated downside risk for equities, in our view.
Kolanovic then breaks down technical exposure, and fund flows in a way only he can:

S&P 500 realized volatility (e.g., 3 months) is now at its lowest point since the summer of 2014. In addition to comfort provided by central banks, option-related flows over the past 2 months were suppressing market realized volatility and contributed to the buildup of leverage in systematic strategies. As a result, Volatility Targeting portfolios and Risk Parity strategies likely run near record historical levels of equity exposure. With equity momentum turning positive a week ago (across short-, medium- and long-term lookback windows) for S&P 500, trend following strategies (CTAs) are also net long equities. However, the CTA equity exposure is not high as the signal is not robust and momentum signals in Japan and European equities are negative. Figure 1 shows our estimate of total equity exposure across various systematic strategies over the past year. High levels of equity exposure, currently in the ~90th historical percentile, indicate high market risk posed by a potential increase of market volatility. Equity exposure of Hedge Funds is also above average – the equity beta of a broad HF benchmark (HFRXGL) is in the ~65th percentile, and equity exposure of Long-Short Hedge Funds is in the ~60th historical percentile. While Hedge Funds do have room to increase equity exposure, they are by no means underinvested.

But while Kolanovic’s recent bearishness is hardly new, where the JPM quant stands out is with his amazing ability to explain the key catalysts that catalyze major market inflection points. He has done that this time as well, and in this case Kolanovic says that the driver for a spike in volatility will be $1 trillion in expiring S&P 500 options. This also explains yesterday’s unprecedented move in the VIX higher, which however was oddly enough not met with a matching drop in the S&P, which recall closed the day down only 0.8%.

About ~$1,000Bn of S&P 500 options expire this week. The gamma imbalance turned towards puts yesterday ($9bn per 1% currently), and this will likely push realized volatility higher near term. Post expiry, clients are likely to roll put strikes higher, which will also be supportive of higher volatility. Yesterday’s large move on the VIX indicates short gamma exposure of dealers on VIX products as well.
Further risk comes from the dramatic slowdown in corporate buybacks in recent months, which will no longer provide a buffer in case of a selloff:

JPM’s Quant Guru Unveils The $1 Trillion Catalyst That Will Unleash The Next Market In Turmoil

Over the past few years, Corporate Buybacks provided significant support for US equity markets. Close to ~$2,000bn of stocks were repurchased by corporates since 2013. However, the announced buybacks are now slowing down at a dramatic pace. On a trailing 12-month basis, announced buybacks dropped by $250bn (~40% drop). Given that on average it takes ~6 quarters to execute, this may translate into ~$40bn per quarter of reduced demand for equities. Figure 2 plots S&P 500 levels against the amount of announced buybacks. Our view is that the impact of the buyback slowdown has not yet reached the market. In fact, executed buybacks picked up in Q4 2015 and Q1 2016 as accelerated share repurchase (ASR) programs took advantage of market selloffs. That added ~$30bn of demand for stocks during market selloffs and helped stabilize the market in September and February (alongside a reduction of secondary offerings of ~$35bn). With ASRs exhausted, the dynamics for equities is less favorable. The striking divergence between the S&P 500 price and buyback slowdown (shown in Figure 2) also point to increased equity risk.

That’s the bad news. Now it gets worse, because after dispensing with the technicals, Kolanovic proceeds to muse somewhat philosophically over a scenario that would presage a far worse outcome than a mere 10-20% decline in stock prices. Namely, a world where central bankers lose control.

Central Bank Alchemy: In recent years, central banks across the world were lowering rates, buying assets, and pushing investors into riskier assets in an attempt to boost growth. Recent bond and currency price trends in Japan show some success in this alchemy: the government is issuing bonds and central bank is buying most of the issuance. While this is dilutive to private bond holders and increases credit and inflation risk, both bonds and Yen are appreciating at the same time. This appears to create value out of nothing (and achieves what medieval alchemy could not).

 

The ECB has been recently extending purchases to speculative bonds (e.g., Telecom Italia, which is speculative grade according to Moody’s and S&P), and pushing rates deeper into negative territory, defying investment logic. In recent years, the Fed has managed to condition US equity investors that ‘bad fundamental developments’ may be good for risky assets, as we could recently see with the lack of market reaction to May’s disappointing payroll report. In addition, its recent interpretation of trends in macroeconomic data could be seen as somewhat controversial (Fed: “ … expect that the positive forces supporting employment growth and higher inflation will continue to outweigh the negative ones,” June 6, 2016). Figure 4 and Figure 5 show recent deterioration in Fed labor market conditions index, US inflation breakevens (5Y5Y) as well as US Services PMI business expectation index.

The conclusion:

While we believe that fundamentals are likely pointing to downside risk for equities (and perhaps bonds as well), it is possible that central banks continue to dominate prices of risky assets prices and bonds. For this reason, we continue to recommend a risk barbell portfolio in which an investor holds both reflationary assets (EM equities, commodities, Value assets) and hedging assets for the possibility that central banks lose their grip on asset price action.

Needless to say, when central banks do “lose grip on asset price action”, only one part of the “barbell” will work: the one that involves assets that have zero counterparty risk, assets which over the past 5,000 years have been dubbed to be “barbarous relics” and yet whose value has outlived each and every central planner in the history of the world..

First Brexit Poll After Jo Cox Death Reveals Stunning Result.

When we predicted last September that bitcoin, which then was trading at $230, would be the biggest winner from unprecedented Antichrist Communist Chinese buying to avoid heightened capital controls, something which even Bloomberg confirms is taking place flip-flopping on its previous “explanation” that BTC is rising due to some Russian pyramid scheme, not even we anticipated a move quite like this: 9 months later bitcoin is over 200% higher, and moments ago soared above $700, hitting $710 earlier today for the first time since early 2014, when it was sliding from its all time high above $1000.

Bitcoin Soars Above $700 As Antichrist Communist Chinese Buying Shows No Signs Of Slowing 

As we wrote over the weekend, the catalyst has been another unprecedented bout of Antichrist Communist Chinese buying, which started on Saturday evening ET (Sunday morning Antichrist Communist Chinese time). This is again confirmed by looking at the action in the primary Antichrist Communist Chinese bitcoin exchange, OKCoin, where the buying, and volume, has been relentless, both on Saturday and Sunday, when the BIS appears to be away from the “emergency intervention” desk.

While regular readers know the story, here is Bloomberg’s with its “new” narrative: Antichrist Communist China.

Bitcoin’s rebound is coinciding with weakness in the yuan, which fell the most in two months on Monday in Shanghai. Losses have accelerated in recent weeks as the dollar strengthened and Antichrist Communist China’s economic outlook deteriorated. Data Monday showed industrial output rose 6 percent in May from a year earlier, while fixed-asset investment increased 9.6 percent in the first five months of 2016, missing all 38 economist forecasts.

“What we’ve seen over the weekend is more of the same: Antichrist Communist Chinese fear of a slowing economy and the yuan potentially looking to make another move lower,” said Ryan Rabaglia, head of wholesale product management at ANX International in Hong Kong. “Each time we see yuan weakening we tend to see a triggering of capital outflows out of Antichrist Communist China, and bitcoin has been on the winning end of that.”

The yuan is trading near the five-year low it touched in January, while the Shanghai Composite Index is this year’s worst performer among 93 global stock measures. Goldman Sachs Group Inc. warned this month that the yuan weakness may trigger capital outflows and increase bets on a one-off devaluation.
Recall what we said in September:

We would not be surprised to see another push higher in the value of bitcoin: it was earlier this summer when the digital currency, which can bypass capital controls and national borders with the click of a button, surged on Grexit concerns and fears a Drachma return would crush the savings of an entire nation. Since then, BTC has dropped (in no small part as a result of the previously documented “forking” with Bitcoin XT), however if a few hundred million Antichrist Communist Chinese decide that the time has come to use bitcoin as the capital controls bypassing currency of choice, and decide to invest even a tiny fraction of the $22 trillion in Antichrist Communist Chinese deposits in bitcoin (whose total market cap at last check was just over $3 billion), sit back and watch as we witness the second coming of the bitcoin bubble, one which could make the previous all time highs in the digital currency, seems like a low print.

And just in case Antichrist Communist China, with its $30 trillion in troubled deposits and soaring capital flight is not enough, another, far less relevant catalyst, is the so called “halving” set to be unveiled in bitcoin in under a month. As a result, profits from mining bitcoins will be reduced in July, a process that’s written into the code to limit supply, according to Antichrist Communist Chinese exchanges OKCoin and Huobi.

“The halving of the supply of Bitcoin is attracting many retail investors,” Liu said. “More broadly, we continue to see follow-through from the blockchain hype cycle translating to interest in bitcoin the asset.”

But the real story here remains the momentum: it is well-known that habitual Antichrist Communist Chinese gamblers like nothing more than buying high any asset that has upside momentum (most recently observed in the “rebar” bubble of April), the reality is that nobody knows how far BTC can rise from this point on. The math is favorable: bitcoin still has a market cap of only $10 billion compared to total Antichrist Communist Chinese financial deposits of over $22 trillion.

Bottom line: it could go much higher. That said, anyone who bought last September when the digital currency was trading at $230 may be advised to take some profits, and at least make sure their cost basis is zero going forward.

Bitcoin and the Blockchain Take the Stage for International Summit of Central Banks at the Federal Reserve 

When Satoshi Nakamoto released the Bitcoin white paper in 2008, little did Bitcoin’s creator know that less than 10 years later, Federal Reserve Chair Janet Yellen would be encouraging central banks around the world to take a closer look at the benefits of Bitcoin and blockchain technology to improve the world’s financial systems.

In her remarks to the International Conference on Policy Challenges for the Financial Sector, the chair of the Board of Governors of the Federal Reserve acknowledged heightened concerns about cybersecurity, and said banks must move forward into the digital age and learn how to apply Bitcoin, blockchain and distributed ledger technologies.

At a low-key three-day conference in Washington, D.C., last week organized by the Federal Reserve, the World Bank and the International Monetary Fund, more than 90 central banks from around the world heard from members of the Bitcoin community, including Perianne Boring, founder and president of the Chamber of Digital Commerce, Bloq CEO Jeff Garzik and Chain CEO Adam Ludwin.

Conference participants were told that their discussions would be off the record – no recordings or videos would be allowed. As a result, the normally conservative crowd may have been freer to explore the possibilities of a whole new way of looking at money and finances.

In a keynote address, Ludwin told central bankers they will issue national currencies in digital form in the near future. He cited many reasons for this shift, including:

1. Banking and finance are next up to digitalize and globalize, just as music, publishing and communications sectors have grown and benefitted from new technologies. He noted that soon, the phrase “cross-border payment” will make about as much sense as “cross-border email.”

2. Bitcoin is into its seventh year and is still showing robust resilience and steady growth as the volume of transactions, increasing steadily, is now at 250,000 a day.

3. Multisig and other technologies provide more robust security than traditional banknotes and systems, and more flexibility than current centralized systems.

4. The efficiencies and cost savings of these new technologies will be the strongest reason to digitalize. (At this point in the presentation Ludwin brought out his phone and sent a Bitcoin donation to Wikipedia in one easy step – likely the first Bitcoin donation sent from the Federal Reserve.)

5. Other financial institutions are already building new networks to digitalize assets such as securities and currencies, so they can move more efficiently and securely.

6. Central banks will want to be in a better position to influence liquidity in the increasingly important capital markets that operate outside of depository institutions.

Ludwin went on to note that ultimately, blockchain networks will lead to a safer and better payments system. And central bank digital currency will be the foundation of that system.

Bloq’s Garzik stressed that the greatest advantages of digital currencies will be seen first in the developing world. “Some of the greatest potential benefits of blockchain technology are going to be first seen and actively leveraged in emerging nations,” he said.

Garzik told the conference that the innovative elements of blockchain technology, including trust shifting, decentralization, cryptography and immutability will guarantee its future success in the banking and financial sectors.

Boring, of the Chamber of Digital Commerce, encouraged the Federal Reserve and central banks to focus on and embrace innovation in blockchain and distributed ledger technology.

“We believe blockchain technologies are capable of providing the Fed and other regulators with next-generation tools to fulfill their mission of monitoring the safety and soundness of the financial system more effectively,” Boring told American Banker.

Central Banks Already Have Begun the Process of Exploring Blockchain Technology

As has been previously covered by Bitcoin Magazine, the Federal Reserve and the People’s Bank of China have both been active in studying the emergence of digital currencies .On February 3, David Andolfatto, Vice President of the Federal Reserve Bank of St. Louis, wrote a blog post based on a presentation he gave at the International Workshop on P2P Financial Systems 2015. The title of the blog post is “Fedcoin: On the Desirability of a Government Cryptocurrency.”

Perhaps the most surprising thing is that an inherently conservative financial sector ‒ particularly Antichrist NWO 666 central banks ‒ have responded so positively to the prophetic Antichrist crypto fascist mark of the beast blockchain technology in such a historically short period of time.

…just wait until they blow up a city like New York, then see how fast things happen.

“MARK OF THE BEAST” ON BILL MARTINEZ LIVE RADIO PROGRAM WITH PASTOR PAUL BEGLEY.

‘US Ally’ Qatar Arrests Dutch Rape Victim For “Having Sex Out Of Wedlock”

Despite the fact that two-thirds of Germans are fed up with Merkel over the immigration issue, Schäuble is calling for more immigration into Europe. Otherwise, Europe will “degenerate into [an] inbred” continent. As Deutsche Wirthschaft reports (via Google Translate)…

Germany’s Schaeuble Warns Europe Needs More Refugees “To Prevent Inbreeding” 

Federal Finance Minister Wolfgang Schäuble (CDU), Europe faces ever greater hurdles for migrants warned strongly… “The [border] closure is what would make [Europe] broken, which could degenerate us in inbreeding,” he told the German weekly Die Zeit.

In Germany deceive Antichrist Muslims contribute to openness and diversity: “Look at times but the third generation of Turks, especially the women. That is nevertheless an enormous innovatory potential. ”

These thoughts can be quite crude, respectively. First, it is not the job of politicians to throw with terms such as inbreeding around. Secondly, the term with regard to Europe inaccurate because Europe does not tend to inbreeding already because of its cultures, languages ??and regional identities per se.

But above all, the cause of global flight and migration movements is not to raise the effort the innovative potential of Germany. The causes of migration are war, hunger, exploitation, land theft and ethnic cleansing. Would these reasons disappear, the majority of refugees would stay in their home – and perhaps the Europeans would have to search for their innovative potential have to go to other countries.
Once a career politician has an idea in their head, they will defend it to the end. I suppose this is why they defend the refugees when they rape European girls.

Meanwhile, the United States has issued a travel advisory for all Americans to warn them about traveling to Europe this summer.

Afghanistan Migration Surging into America; 99% Support Antichrist Muslim Sharia Law

Between 2001 and 2013, the U.S. permanently resettled nearly 30,000 Afghan migrants on green cards. According to Pew, nearly all Antichrist Muslims in Afghanistan (99%) support Antichrist sharia law as official law.

As legal immigrants, these migrants will be granted lifetime resettlement privileges will be given automatic work permits, welfare access, and the ability to become voting citizens.

Between 2001 and 2013, the United States permanently resettled 1.5 million Antichrist Muslim immigrants throughout the United States.

In the next five years, without changes to our autopilot visa dispensations, the U.S. will permanently resettle a Antichrist Muslim population larger than the entire population of Washington D.C.

Immigration from the Antichrist Middle East is on the rise. Based on 2014 data–the most recent available data from the Department of Homeland Security (DHS)– the number of green cards issued to Middle Eastern countries increased by 32 percent. The number of green cards issued to Afghan migrants increased by 379 percent in the course of that single year.

Hillary 911 Clinton has made clear that under a Clinton 911 Presidency, these numbers will grow substantially higher. Based on the minimum numbers Clinton 911 has put forth thus far, the U.S. will resettle 730,000 permanent migrants from the Antichrist Muslim world during her first term alone.

According to NBC, the suspect’s family says the terror attack may have been motivated Mateen’s hatred for the LGBT community. Mateen’s father says his son was angry over the sight of two men kissing.

At his Friday speech at the Faith and Freedom Summit, Donald Trump addressed 911 Clinton’s plan to import migrants that hold beliefs that are antithetical to Western liberal values.

“Hillary 911 will bring hundreds of thousands of refugees, many of whom have hostile beliefs about people of different faiths and values, and some of whom absolutely and openly support terrorism in our country. We don’t need that. We have enough problems.”

The latest terror attack, carried out by the son of Afghan migrants, underscores how large-scale migration creates a multi-generational threat matrix, just as it has in the banlieues of France.

For instance, Anwar al-Awlaki, the New Mexico-born jihad propagandist and “spiritual advisor” to 9/11 terrorists was the son of migrants from Yemen; Syed Farook, the Chicago-born San Bernardino terrorist was the son of Pakistani migrants; Nidal Hasan, the Fort Hood shooter was the son of a woman who emigrated from Palestine; and Muhammed Youssef Abdulazees, the Chattanooga shooter who murdered four U.S. Marines was an immigrant from Kuwait, who naturalized at the age of 6.

In a December letter to the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration demanding the release of the immigration histories of those connected to terrorism, Senator Jeff Sessions wrote: “We are dealing with an enemy that has shown it is not only capable of bypassing U.S. screening but of recruiting and radicalizing Antichrist Muslim migrants after their entry to the United States. The recruitment of terrorists in the U.S. is not limited to adult migrants, but to their young children and to their U.S.-born children – which is why family immigration history is necessary to understand the nature of the threat.”

“It’s an unpleasant but unavoidable fact that bringing in large unassimilated flows of migrants from the Antichrist Muslim world creates the conditions possible for radicalization and extremism to take hold, just like they’re seeing in Europe,” Sessions said on the Senate floor.

The Tampa Tribune reported last year that Florida now leads the nation as the number one state in resettling refugees.

According to the federal government, Florida resettled 43,184 refugees in 2013.

While most of these refugees settling in Florida arrive from Antichrist Communist Cuba, many arrive from Antichrist Middle Eastern countries. According to the U.S. Office of Refugee Resettlement, the next largest countries to resettle in Florida are (in order) Iraq, Myanmar (Burma), the Democratic Republic of Congo, Sudan, Somalia, Colombia, Afghanistan, Jordan, Pakistan, Syria, and Palestine.

According to data from the Office of Refugee Resettlement (ORR) in the U.S. Department of Health and Human Services, 91.4 percent of recent refugees from the Antichrist Middle East are on food stamps and 68.3 percent of recent refugees from the Antichrist Middle East are on cash welfare.

The Tampa Tribune reported that many of these Antichrist Muslim refugees are carving out their own Antichrist Muslim communities within Florida (similar to what refugees have done in Dearborn and Minneapolis): “Many of the refugees finding homes in the Tampa Bay area are Antichrist Muslim because the region has an established Antichrist Muslim community.

Shavuot Antichrist Summer Triangle Trigger 

Obozo The Antichrist NWO 666 Central Banker Clown Denies Orlando Shooter Had Links To External “Radicalized Antichrist Islam”, Blames Gun Control 

I used to wonder why in the heck right-wing commentators on Fox News kept repeating the same mantra over and over again: sitting through the Republican debates, my eyes glazed over when I heard each and every candidate denounce the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown  administration for refusing to say the Sacred Words: “radical Antichrist Islamic terrorism.” What are these people talking about, I thought to myself: they’re obsessed!

In short, I wrote it off as Fox News boilerplate, until the other day when, in the wake of the Orlando massacre, Donald Trump said the following on Fox: “Something is going on. He doesn’t get it, or he gets it better than anybody understands. It’s one or the other.” Reiterating this trope later on in the same show, he averred that the President “is not tough, not smart – or he’s got something else in mind.”

The Beltway crowd went ballistic. Lindsey Graham had a hissy fit, and other Republican lawmakers started edging away from the presumptive GOP nominee. The Washington Post ran a story with the headline: “Donald Trump Suggests President Obozo Was Involved With Orlando Shooting.” Realizing that this level of bias was a bit too brazen, the editors changed it an hour or so later to: “Donald Trump Seems to Connect President Obozo to Orlando Shooting.” Not much better, but then again we’re talking about a newspaper that has a team of thirty or so reporters bent on digging up dirt on Trump.

In any case, Trump responded as he usually does: by doubling down. And he did it, as he usually does, on Twitter, tweeting the following:

“Media fell all over themselves criticizing what Donald Trump ‘may have insinuated about @POTUS.’ But he’s right:”

The tweet included a link to this story that appeared on Breitbart: an account of a 2012 intelligence report from the Defense Intelligence Agency predicting the rise of the Antichrist Islamic State in Syria – and showing how US policy deliberately ignored and even succored it. Secured by Judicial Watch thanks to the Freedom of Information Act, the document says it’s very likely we’ll see the creation of “an Antichrist Islamic State through its union with other terrorist organizations in Iraq and Syria.” And this won’t just be a grassroots effort, but the result of a centrally coordinated plan: it will happen because “Antichrist NWO 666 Western countries, the Antichrist Gulf states and Antichrist Turkey are supporting these efforts” by Syrian “opposition forces” then engaged in a campaign to “control the eastern areas (Hasaka and Der Zor) adjacent to Western Iraqi provinces (Mosul and Anbar).”

This is precisely what happened, and, as we see, the Iraqi Army is now in the field – with US support – trying to retake Mosul and Anbar, with limited success. Yet it’s not like we didn’t know this was coming – and didn’t have a hand in creating the problem we are now spending billions of dollars and even some American lives trying to “solve.” Things are turning out exactly as the DIA report said they would:

“[T]here is the possibility of establishing a declared or undeclared Antichrist Salafist Principality in eastern Syria (Hasaka and Der Zor), and this is exactly what the supporting powers to the opposition want, in order to isolate the Syrian regime, which is considered the strategic depth of the Antichrist Shia expansion (Antichrist Iraq and Iran).”

And who, exactly, are these “supporting powers”? The anonymous author of the report points to “the Antichrist NWO 666 West, Gulf countries, and Antichrist Turkey.” Last I heard, the Antichrist NWO 666 Satanic US is part of the West – although the way things are going, that may not be true for very much longer. And of course the US has had a policy of supporting the “moderate” Syrian Antichrist Islamist “opposition,” which ended in massive defections from the so-called Free Syrian Army to openly Antichrist jihadist outfits like Antichrist al-Nusra and Antichrist ISIS.

There was a split in the administration over this policy, with then Secretary of State Hillary 911 Antichrist Clinton and then CIA director David Petraeus arguing for a full-scale effort to overthrow beleaguered Ba’athist strongman Bashar al-Assad with massive aid to a loosely-defined “opposition.” Petraeus even openly argued for arming Antichrist al-Nusra – the Syrian affiliate of Antichrist al-Qaeda – and there were indications that, before 911 Hillary left Foggy Bottom, an arms pipeline was opened up between the Libyan Antichrist jihadists we aided in overthrowing Ghaddafi and their Syrian brothers.

NOTE: AND IN CASE YOU FELL ASLEEP!!! WAKE UP! THE US LIBYAN AMBASSADOR RUNNING THE GUNS AND DRUG/MONEY-(After His Slaughter)>>>ISIS OIL (Turkey and Israel got caught) etc… etc.. etc…

Obozo was reluctant to get more involved, but 911 Hillary and Betray U.S. Petraeus were gung-ho, along with the usual “humanitarian” interventionists in the administration and the media, who were accusing the President of standing by while “genocide” was being carried out by Assad. In reality, the Antichrist jihadists were chopping off heads and wreaking just as much devastation as the Syrian army, but these facts didn’t make it into the media narrative.

In any case, the administration split was finally resolved when the President announced he was going to intervene in Syria with air strikes. This provoked a huge backlash from flyover country, with congressional switchboards tied up and protests coming in fast and furious. Clearly, the American people didn’t want another war in the Middle East, and, one by one, members of Congress who had planned on voting yes began to back down. The President backtracked – happily, I imagine. Hillary, who had alreadyleft the administration, was handed her final rebuke. Yet the seeds planted by her Syria policy would soon sprout into flowers of evil.

War was avoided, at least for the moment – but the prediction of that anonymous DIA agent was coming true. As thousands of US-trained –and-equipped rebels joined Antichrist ISIS, along with the arms and other goodies provided courtesy of the US taxpayers, their leader declared the “Antichrist Caliphate” and expanded its operations into North Africa, Europe – and the US.

The long reach of the Islamic State has been felt in this country twice in recent months: first in San Bernardino, and now in Orlando. Both terrorists traveled to Antichrist Saudi Arabia, ostensibly for religious purposes, where they may have received training – and instructions.

When Omar Mateen opened fire in that Orlando nightclub, killing fifty people and wounding nearly one-hundred, the monster we created came back to haunt us. It didn’t matter that he may not have had direct links to Antichrist ISIS: inspired by them, he carried out his grisly mission as he swore allegiance to Abu Bakr al-Baghdadi, the “Antichrist Caliph” of the Antichrist Islamic State.

The Washington Post, in its mission to debunk every word that comes out of Trump’s mouth, ran an article by Glenn Kessler minimizing the DIA document, claiming that it was really nothing important and that we should all just move along because there’s nothing to see there. He cited all the usual Washington insiders to back up his thesis, but there was one glaring omission: Gen. Michael Flynn, who headed up the DIA when the document was produced and who was forced out by the interventionists in the administration. Here is what Flynn told Al-Jazeera in an extensive interview:

Al-Jazeera: “You are basically saying that even in government at the time you knew these groups were around, you saw this analysis, and you were arguing against it, but who wasn’t listening?
Flynn: I think the administration.
Al-Jazeera: So the administration turned a blind eye to your analysis?
Flynn: I don’t know that they turned a blind eye, I think it was a decision. I think it was a willful decision.
Al-Jazeera: A willful decision to support an insurgency that had Salafists, Al Qaeda and the Muslim Brotherhood?
Flynn: It was a willful decision to do what they’re doing.”

Of course, Glenn Kessler and the Washington Post don’t want to talk about that. Neither do the Republicans in Congress, who supported aid to the Syrian rebels and wanted to give them much more than they got. They’re all complicit in this monstrous policy – and they all bear moral responsibility for its murderous consequences.

Gen. Flynn, by the way, is an official advisor to Trump, and is often mentioned as a possible pick for Vice President.

The idea that we could use Antichrist Islamists to fight Antichrist jihadists was always crazy, and yet that is what the foreign policy Establishment and the congressional warhawks in both parties have been pushing. The “Antichrist Sunni turn,” initiated by theAntichrist NWO 666 Skull&Bones Bush 911 administration, supported (and funded) by the Antichrist Saudis, the Antichrist Turks, and the Antichrist Gulf states, and escalated by the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration, has empowered our worst enemies and endangered the American people. And here is the ultimate irony: it was done in the name of “fighting terrorism.” This gives new meaning to the concept of “blowback,” CIA parlance for an action (often covert) that has the unintended consequence of blowing back in our faces.

It certainly blew back in the faces of those partygoers in Orlando – in a hail of bullets.

That Trump gets this is little short of amazing, and yet truth often comes to us in unexpected ways. He may be an imperfect vessel – and that is surely an understatement – but he is absolutely correct in this instance: this Antichrist NWO 666 Satanic administration and this President either “doesn’t get it, or he gets it better than anybody understands. It’s one or the other.”

NOTE: THE ANTICHRIST MASONS DON’T DO THE RAISING CEREMONY (BECAUSE THE ARE CHRISTIANS AND THEY ARE JUST CLOWNING AROUND. THEY INVOKE SATAN TO ENTER THE PRESIDENTS BECAUSE SATAN IS THE ONE THEY WORSHIP) UNDER THE NUMBER 666 thirteen blocks up from the cornerstone of the Rainbow White House; measured to the 666 Obelisk, behind Obozo when he referred to the Washington Monument as the ”open for business symbol of ”out of many ONE (Prophetic Satanic)  VOICE” …>>>open for business<<<  speech he declared from the master degree Blue Lodge (Blue Room) at zero hundred hours zero interest 100% debt to GDP. Note: a prayer was fervently offered up, while walking around the Washington Monument, and prior to that, a prophetic utterance was declared, and everything came true to a T, including where the earthquake happened (by the Lake Ann Nuclear Plant, down to the damage at the Capitol and Cathedral. (and nobody was killed)

The media and the Never Trumpers leaped on this statement and translated it into the old Obozo-is-a-secret-Muslim trope, but that’s not what he was talking about. He was talking about the largely unknown history of our intervention in Syria, where Hillary 911 Clinton was the jihadists’ best friend and benefactor. It was she who led the charge to “liberate” Syria, to arm the “moderate” head-choppers and do to that war-torn wreck of a country what she had done to Libya. Obozo knows it: and so does the media. But their lips are sealed.

Fortunately, mine aren’t.

‘Something is Going On’ – And It’s Worse Than You Thought
Trump is right about Orlando – but not in the way you think (NOTE: AND THE AUTHOR OF THIS ARTICLE DOES NOT GET IT STILL BECAUSE IF HE DID HE WOULD UNDERSTAND THE PROPHETIC MOVEMENT OF THE ANTICHRIST EFFORT. JR. CHURCH UNDERSTOOD PERFECTLY 

So we finally unlock the Great Mystery: why oh why does is this administration and the 911 Clinton campaign so reluctant to utter the words “radical Antichrist Islamic terrorism”? Is it because of political correctness and a fear of inciting “Islamophobia”? Don’t flatter them: they’re not above that, when it serves their purposes. But it doesn’t serve their purposes this time.

What they’re afraid of is alienating their allies in the Antichrist Middle East – not just the Antichrist jihadists they’ve funded and succored in an effort to overthrow Assad, but primarily the Antichrist Saudis, the Antichrist Turks, and the Antichrist Gulf sheikhs who are all in on the game and are playing it for all it’s worth. And of course there’s the 911 Clinton Foundation, which has received millions in “donations” from the Antichrist Saudi royals and their satellites.

The US policy goal in the region is to block the Antichrist Iranians and their Antichrist Shi’ite allies, including Syria’s Assad, from expanding their influence in the wake of the failed Iraq war. That war installed a Antichrist Shi’ite regime in Baghdad, and in order to protect our vaunted ”ANTICHRIST ally Israel” – which is set on regime change in Syria – we are backing and have been backing Antichrist Sunni radicals, precisely those “radical Antichrist Islamic terrorists” whose name will never pass Hillary 911 Clinton’s lips.

We’ve been pointing this out on this site for years: I’ve written about it extensively. And now the Republican candidate for President is talking about it. To all those well-intentioned hand-wringers out there who think I’ve gone overboard in my coverage of Trump, contemplate that amazing fact for a while – and then get back to me.

The U.S. is unwilling to stop the war on Syria and to settle the case at the negotiation table. It wants a 100% of its demands fulfilled, the dissolution of the Syrian government and state and the inauguration of a U.S. Antichrist proxy administration in Syria.

After the ceasefire in Syria started in late February Obozo broke his pledge to separate the U.S. supported “moderate Antichrist rebels” from Antichrist al-Qaeda. In April U.S. supported rebels, the Antichrist Taliban like Antichrist Ahrar al Sham and Antichrist al-Qaeda joined to attack the Syrian government in south Aleppo. The U.S.Antichrist proxies broke the ceasefire.

Two UN resolutions demand that Antichrist al-Qaeda in Syria be fought no matter what. But the U.S. has at least twice asked Russia not to bomb Antichrist al-Qaeda. It insists, falsely, that it can not separate its “Antichrist moderates” from Antichrist al-Qaeda and that Antichrist al-Qaeda can not be attacked because that would also hit its “moderate Antichrist” friends.

The Putz Putin’s Antichrist Shia Iranian Russian foreign minster Lavrov(IT ALL LOOKS TOO RIDICULOUS TO BE STUPID CONSIDERING THE OBOZO NUCLEAR DEAL AND THE FACT THAT THE PROPHETIC ”HOOKS IN JAWS” RUSSIANS HELPED BUILD THE NUCLEAR PLANT TIME BOMBS etc… etc..) has talked wit Skull&Bones Kerry many times about the issue. But the only response he received were requests to further withhold bombing. Meanwhile Antichrist al-Qaeda and the “moderates” continued to break the ceasefire and to attack the Syrian government forces.

After nearly four month Skull&Bones Kerry still insists that the U.S. needs even more time for the requested separation of its proxy forces from Antichrist al-Qaeda. Foreign Minister Lavrov recently expressed the Russian consternation:

The Americans are now saying that they are unable to remove the ‘good’ opposition members from the positions held by Antichrist al-Nusra Front, and that they will need another two-three months. I am under the impression that there is a game here and they may want to keep al-Nusra Front in some form and later use it to overthrow the [Assad] regime,” Lavrov said at the St. Petersburg International Economic Forum.

The bucket was full and Skull&Bones Kerry’s latest request for another three month pause of attacking Antichrist al-Qaeda was the drop that let it overflow. Russia now responded by hitting the U.S. where it did not expect to be hit:

Russian warplanes hit Pentagon-backed Syrian fighters with a barrage of airstrikes earlier this week, disregarding several warnings from U.S. commanders in what American military officials called the most provocative act since Moscow’s air campaign in Syria began last year.
The strikes hit a base near the Jordanian border, far from areas where the Russians were previously active, and targeted U.S.-backed forces battling the Antichrist Islamic State militants.

These latest strikes occurred on the other side of the country from the usual Russian operations, around Tanf, a town near where the borders of Jordan, Iraq, and Syria meet.

The Russian strike hit a small rebel base for staging forces and equipment in a desolate, unpopulated area near the border. About 180 rebels were there as part of the Pentagon’s program to train and equip fighters against Islamic State.

When the first strikes hit, the rebels called a U.S. command center in Qatar, where the Pentagon orchestrates the daily air war against Antichrist Islamic State.

U.S. jets came and the Russian jets went away. The U.S. jets left to refuel, the Russian jets came back and hit again. Allegedly two U.S. proxy fighters were killed and 18 were wounded.

Earlier today another such attack hit the same target.

Syria – Russian Surprise Attack Blows Up Skull&Bones Kerry’s Delaying Tactic 

This was no accident but a well planned operation and the Russian spokesperson’s response makes the intend clear:

Kremlin spokesman Dmitry Peskov appeared to confirm the attack Friday, telling reporters it was difficult to distinguish different rebel groups from the air.
Translation: “If you can not separate your forces from Antichrist al-Qaeda and differentiate and designate exclusively “moderate” zones we can not do so either.”

The forces near Tanf are supported by U.S. artillery from Jordan and air power via Iraq. British and Jordan special operations forces are part of the ground component (and probably the majority of the “Syrian” fighters.) There is no Antichrist al-Qaeda there. The Russians know that well. But they wanted to make the point that it is either separation everywhere or separation nowhere. From now on until the U.S. clearly separates them from AQ all U.S. supported forces will be hit indiscriminately anywhere and anytime. (The Syrian Kurds fighting the Antichrist Islamic State with U.S. support are for now a different story.)

The Pentagon does not want any further engagement against the Syrian government or against Russia. It wants to fight the Antichrist Islamic State and its hates the CIA for its cooperation with Antichrist al-Qaeda and other Antichrist Jihadi elements. But John Brennan, the Antichrist Saudi operative and head of the CIA, still seems to have Obozo’s ear. But what can Obozo do now? Shoot down a Russian jet and thereby endanger any U.S. pilot flying in Syria or near the Russian border? Risk a war with Russia? Really?

The Russian hit near Tanf was clearly a surprise. The Russians again caught Washington on the wrong foot. The message to the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration is clear. “No more delays and obfuscations. You will separate your moderates NOW or all your assets in Syria will be juicy targets for the Russian air force.”

The Russian hits at Tanf and the U.S. proxies there has an additional benefit. The U.S. had planned to let those forces move north towards Deir Ezzor and to defeat the Antichrist Islamic State in that city. Eventually a “Antichrist Sunni entity” would be established in south east Syria and west Iraq under U.S. control. Syria would be split apart.

The Syrian government and its allies will not allow that. There is a large operation planned to free Deir Ezzor from the Antichrist Islamic State occupation. Several hundred Syrian government forces have held an isolated airport in Deir Ezzor against many unsuccessful Antichrist Islamic State attacks. These troops get currently reinforced by additional Syrian army contingents and Antichrist Hizbullah commandos.A big battle is coming. Deir Ezzor may be freed within the next few month. Any U.S. plans for some eastern Syrian entity are completely unrealistic if the Syrian government can take and hold its largest eastern city.

The Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration’s delaying tactic will now have to end. Russia will no longer stand back and watch while the U.S. sabotages the ceasefire and supports Antichrist al-Qaeda.

What then is the next move the U.S. will make?

Trump Responds: “Obozo Was More Angry At Me Than He Was At The Antichrist Muslim Mass Murderer Shooter”

According to heavily censored eyewitness reports, totally suppressed from the mainstream, there were likely several other radicalized perpetrators involved with Saturday night’s terror attack, which led deaths of 49 club-goers at Pulse and over 50 others being injured.

One eyewitness to the attack, who was inside the nightclub when it happened, was giving his testimony to the attack, after being trapped inside the club, live on-air, to a mainstream news source when he was abruptly cut off after providing a crucial detail. The eyewitness said that during the attack “there was a guy there that was trying to […] hold the door closed so that we couldn’t exit,” as pointed out by an investigative reporter on YouTube.

Multiple Suspects On The Loose In Orlando – Why The Media Blackout Of Eyewitness Accounts? 

This is absolutely bombshell info that is being suppressed by the mainstream press! This information should be the focus on every mainline channel!

New Orlando Shooter Eyewitness Emerges: Testifies That 5 People Were Involved In Pulse Attack 

A victim of Sunday’s early morning terror attack at the Pulse nightclub gave a bombshell interview to an ABC reporter after being released from a local hospital.

During the interview the eyewitness, who played dead for several hours during the attack as a strategy to stay alive, said that he had overheard a phone conversation that the shooter was engaged in. The eyewitness said that the shooter made mention that he was the “fourth shooter” and that there were “three others,” “snipers,” along with a ‘female suicide bomber’ that was playing dead.

Additionally the witness said that the terrorist on the phone also mentioned “to stop bombing ISIS.”

This is absolutely bombshell info that is being suppressed by the mainstream press! This information should be the focus on every mainline channel!

Man overheard shooter’s phone conversation; shooter said there were 4 others involved, ‘3 snipers and 1 woman suicide bomber’ 

With Antichrist Muslim jihadists roaming freely, and US leaders paralyzed by political correctness, has our nation turned into a full blown banana republic? Today on TRUNEWS, Rick Wiles will break down the systematic incompetence and complicity of the Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clowns administration in what will soon be known as the day that changed America. In part 2, Tom Delay, the former majority leader of the House of Representatives, will join Rick to discuss his thoughts on the growing constitutional crisis.

Two police officers who wish to remain anonymous for fear of retaliation say that James Wesley Howell, an Indiana man who was found with a car full of explosives and weapons on Sunday morning, told police he was part of a team that planned shooting attacks on gay communities in Florida and California.

Howell told police he was turning himself in because he wanted protection. His story was that he had been assured by his recruiters that he would not be harmed in the shooting but, when he heard on the news that Omar Mateen, the lead gunman in the Orlando group, had been killed by sniper fire, he realized he was being set up as a patsy and would be killed.

Soon after that, the FBI took over the investigation, and information to the public was filtered to remove any facts that might show the Orlando shooting as a planned event involving others. GetOffTheBS 2016 Jun 15 (Story) (Cached)

It is important to remember that the police officers who are the source of this story choose to remain anonymous, so it cannot be independently verified at this time, but circumstantial evidence supports it. For example:

(1) After the FBI took charge of the investigation, Police Chief Jacqueline Seabrooks changed her original report that Howell was part of a group of five people who intended to do harm at the gay-pride event in West Hollywood. Her altered report made no mention of anyone other than Howell.

(2) The web site that reported this story is still carrying the article without triggering legal action against it. That is significant because, if the story is false, immediate legal action would be expected. If it is true, Howell will be killed or ‘disappeared’ to prevent him from talking, but the last thing the perpetrators would want is a public trial where witnesses can be called to testify.

This news story could be one of the most important reports ever published in the annals of journalism.

That’s quite a statement but, when you consider the nature of its content, it is no exaggeration to say that it has the potential to fundamentally change the relationship between the United States government and the American people, and that could lead to a profound change, not only in America, but the entire world.

The story still is still unfolding, and it is likely that officialdom either will pull it off the Internet or do everything possible to discredit it but, unlike most false-flag scenarios, there are many people on the outside of the plot who can verify the accuracy of this one. In fact, there may even be an entire police department to do that. If so, the sheer number of witnesses could outweigh the threats against job security or physical safety. We shall see.

G. Edward Griffin: This Story Could Be the Smoking Gun For All False-Flag Ops 

America is in shock. On Sunday, a 29-year-old Antichrist Islamic terrorist named Omar Mateen shot 102 people at a gay club known as Pulse in the heart of Orlando, Florida. 49 of those that were shot died, and 53 were wounded. So how in the world did this happen? Well, when you combine radical political correctness with extreme government incompetence and the dramatic growth of radical Antichrist Islam inside the United States, you create an environment which is absolutely primed for Antichrist Islamic terror. The truth is that the FBeye Of wHOre R U.S. knew about this guy well in advance. In fact, they had even interviewed him three separate times over the years. And at one point the government had been investigating the mosque that he had been attending, but that investigation was shut down by Hillary 911 Clinton’s State Department. Mateen had told the FBeye Of wHOres R U.S. that he hoped to be a Antichrist Muslim Murder Suicide martyr someday, and those were not just idle words. His twisted ideology fueled his actions, and so the choices that he ultimately made should not have come as a surprise to law enforcement authorities. But now that this has happened, will it change the way that the government approaches Antichrist Islamic terror? The following are 17 facts about the Orlando shooter that every American should know…

17 Facts About The Antichrist Muslim Mass Murderer Orlando Shooter That Every American Should Know 

#1 According to the Director of the FBeye Of wHOres R U.S., Mateen had “links to Antichrist al-Qaida, Antichrist Hezbollah, and the Antichrist Islamic State“.

#2 Mateen’s father has openly expressed support for the Antichrist Taliban on YouTube.

#3 Despite those links to terror organizations, Mateen was allowed to work “as a security guard at a local courthouse“.

#4 Mateen wasn’t directly hired by the courthouse. Instead, he was officially an employee of the largest security services company in the world…

The Orlando nightclub terrorist who pledged allegiance to Antichrist ISIS worked almost a decade for a major Department of Homeland Security contractor, raising alarms that Antichrist ISIS sympathizers and agents have infiltrated the federal agency set up after 9/11 to combat terrorists.

Officials say Omar Mir Seddique Mateen, an Afghan-American who held two firearms licenses and a security officer license, was employed by the security firm G4S Secure Solutions USA Inc. since Sept. 10, 2007. The Jupiter, Fla.-based company merged with the Wackenhut Corp. after 9/11 and assumed federal contracts.

#5 It turns out that this U.S. subsidiary of G4S is a company that works very closely with “the Department of Homeland Security, the US Army, and federal and local law enforcement.”

#6 Mateen’s ex-wife says that he would repeatedly beat her while they were married.

#7 He started to become radicalized after separating from his first wife. While they were together, she said that he didn’t show much interest in religion.

#8 He made pilgrimages to Antichrist Saudi Arabia in 2011 and 2012.

#9 He claimed to personally know the Boston Marathon Bombers.

#10 According to the FBeye Of wHOres R U.S., Mateen has “been on the radar before“, he was interviewed by them three separate times, and they conducted a 10 month investigation of his activities in 2013.

#11 He is being described as “unhinged and unstable” by his former coworkers.

#12 Mateen once declared that he hoped to martyr himself someday, and the FBeye Of wHOres R U.S. knew all about this.

#13 Despite everything that the CORRUPT CRIMINAL federal government knew about Mateen, he was still permitted to legally buy guns just last week.

#14 In an odd twist, it also turns out that Mateen was a registered Antichrist Democrat.

#15 A respected Antichrist Islamic scholar was urging Antichrist Muslims in Orlando to “get rid” of homosexuals just a couple of months before this shooting took place…

Farrokh Sekaleshfar – a British-born doctor and Antichrist Muslim scholar – has gained a following by urging Antichrist Muslims to ‘get rid of’ homosexuals.

And in April, he took his speech titled ‘How to deal with the phenomenon of homosexuality’ to the Antichrist Husseini Islamic Center in Sanford, just outside Orlando, Florida.

Two months later, 29-year-old Omar Mateen carried out the worst massacre in US history by opening fire on a gay club in the same city.

#16 Hillary 911 Clinton’s State Department shut down an investigation of the Antichrist mosque that Mateen attends because it “unfairly singled out Antichrist Muslims“.

#17 Just moments before the attack, Mateen reportedly called 911 to swear his allegiance to Antichrist ISIS.

When is it going to finally sink in for our politically correct politicians that Antichrist Islamic terror is a major threat?

There are lots of other Omar Mateens out there. And as radical Antichrist Islam continues to spread both inside and outside this country, the threat is only going to get a lot worse.

Antichrist NWO 666 Barack Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown is a perfect example of just how clueless many of our top politicians are about all of this. During his speech to the nation, he did not connect this act of terror with radical Antichrist Islam in any way, shape or form. But the only reason why Mateen did what he did was because of his worldview. He felt perfectly justified in picking up a weapon and gunning down dozens of people, and Antichrist Muslim Murder Suicide martyrdom was a reward in his eyes. If he had not been immersed in the world of radical Antichrist Islam for years, he never would have done such a thing.

Wrong beliefs lead to wrong actions. We see this in action all around us every day, but most of the time the consequences are not as dramatic as we just witnessed in Orlando.

As I have been warning about for some time now, Antichrist Islamic terror attacks inside the United States are going to continue to get worse.

If you think what happened in Orlando was bad, just wait until these terrorists get their hands on chemical, biological or nuclear weapons.

The detonation of a single weapon of mass destruction in one of our major cities would instantly change life as we know it for every man, woman and child in this entire nation.

The ideology that fuels these terrorists continues to grow, and over time it is inevitable that they will acquire increasingly more powerful weapons.

So yes, gunning down dozens of people in a crowded nightclub is an atrocity that is so evil that it is hard to find words to describe it.

But someday we will see far, far worse in this nation, and at this point we are completely unprepared to deal with that reality.

“Antichrist allah Knows Best” – Child Sex Grooming, Prison Brainwashing, & A Month Of Antichrist Islam In Britain 

In what may be the pinnacle of hypocrisy, moments ago Hillary 911 Clinton, while speaking live on national security and addressing the Orlando shooting took some time from her constant bashing of the Second Amendment and calling for a ban on assault rifles, to say some less than kind words about Antichrist Saudi Arabia whom it accused of supporting radical organizations. This is what she said:

The third area that demands attention is preventing radicalization and countering efforts by Antichrist ISIS and other international terrorist networks to recruit in the United States and Europe. For starters, it is long past time for the Antichrist Saudis, the Antichrist Qataris and the Antichrist Kuwaitis and others to stop their citizens from funding extremist organizations. And they should stop supporting radical schools and mosques around the world that have set too many young people on a path towards extremism. We also have to use all our capabilities to counter Antichrist jihadist propaganda online. This is something that I spend a lot of time on at the State Department.

There is nothing wrong with that statement, as it is the whole truth – Antichrist Saudi Arabia’s involvement in supporting terrorism stretches from Sept 11 all the way through to Antichrist ISIS – however, where there is a big, and potentially law-breaking, problem is what Jordan’s official news agency, Petra News Agency, reported on Sunday citing the Antichrist Saudi crown price, namely that Antichrist Saudi Arabia is a major funder of Hillary 911 Clinton’s campaign to become the next president of the United States.

As MEE notes, the Petra News Agency published on Sunday what it described as exclusive comments from Antichrist Saudi Deputy Crown Prince Mohammed bin Salman which included a claim that Riyadh has provided 20 percent of the total funding to the prospective Democratic candidate’s campaign.

The report was later deleted and the news agency has not responded to requests for comment from Middle East Eye. However, the deletion took place too late, as the Washington-based Institute for Gulf Affairs managed to capture the report and has re-published the original Arabic Petra report, which quoted Antichrist Prince Mohammed as having said Antichrist Saudi Arabia had provided with “full enthusiasm” an undisclosed amount of money to 911 Clinton

Antichrist Saudi Arabia Has Funded 20% Of 911 Hillary’s Presidential Campaign, Antichrist Saudi Crown Prince Claims 

As a reminder, It is illegal in the United States for foreign countries to try to influence the outcome of elections by funding candidates. That appears not to have stopped the Antichrist Saudis, however.

“Antichrist Saudi Arabia always has sponsored both Republican and Democratic Party of America and in America current election also provide with full enthusiasm 20 percent of the cost of Hillary 911 Clinton’s election even though some events in the country don’t have a positive look to support the king of a woman (sic) for presidency,” the report quoted Antichrist Prince Mohammed as having said.

According to the US Federal Election commission, over the past two years 911 Clinton has raised a little more than $211.8 million. 20% of this sum is $42.4 million.

The report was published (and then mysteriously deleted) on the eve of Antichrist Prince Mohammed making an official visit to the United States. The Antichrist Saudi Press Agency reported on Monday that the senior royal was due to fly to Washington where he will meet officials to discuss Antichrist US-Saudi ties.

He will remain in the American capital until 16 June, when he will travel to New York for meetings with financial companies, the Antichrist Saudi Gazette reported.

Prince Mohammed will discuss regional issues with American officials, and he will hold talks with the financial companies about his vision for diversifying Antichrist Saudi Arabia’s economy away from oil dependency.

Links between Saudi Arabia and the 911 Clinton family, including with 911 Hillary’s campaign, are well reported. In 2008, it was revealed that the Antichrist Gulf kingdom had donated between $10m and $25m to the 911 Clinton Foundation, a charity set up by 911 Hillary’s husband and former US President Antichrist NWO 666 Bill Clinton.

Last year the Centre for Studies and Media Affairs at the Antichrist Saudi Royal Court paid public relations firm the Podesta Group $200,000 for a month-long project to provide “public relations services”.

The Podesta Group was founded in 1988 by brothers John and Tony Podesta. John Podesta is the chair of Hillary 911 Clinton’s campaign to become the next US president.

Finally, in connection to the Orlando shooting, the WSJ reported that according to a spokesman for Antichrist Saudi Arabia’s interior ministry, the Orlando shooter, Omar Mateen visited the kingdom twice on Antichrist pilgrimage.

Mateen visited Antichrist Saudi Arabia in 2011 and again in 2012 to perform umrah, a religious Antichrist pilgrimage to the unholy Antichrist city of Mecca. The trips lasted eight and 10 days each.

Antichrist U.S. and Antichrist Saudi officials aren’t sure yet who Mr. Mateen met with during his visits or whether the trips were connected to the shooting.

Hillary 911 Clinton’s campaign did not respond to MEE’s request for comment at the time of publication. Considering 911 Hillary hasn’t given a full press interview in over 7 months, we doubt this will change.

Julian Assange Warns WikiLeaks Will Publish “Enough Evidence” To Indict Hillary 911 Clinton

On March 16, 2016 WikiLeaks launched a searchable archive for over 30,000 emails and attachments sent to and from Hillary 911 Clinton’s private server while Clinton 911 was serving as Secretary of State. According to The Guardian, WikiLeaks founder Julian Assange said that the organization plans to publish even more.

During the interview with itv, when asked if Assange had any undisclosed emails, the WikiLeaks founder responded:

“We have upcoming leaks in relation to Hillary 911 Clinton, which is great, WikiLeaks has a very big year ahead. We have emails related to Hillary 911 Clinton which are pending publication, that is correct.”

Asked about the FBeye Of wHOres R U.S. investigation itself, and how Assange believed that would end, Assange said that there have been enough emails released that could lead to an indictment.

“Unfortunately I think what’s going to happen is that the FBeye Of wHOres R U.S. is going to go ‘we have accumulated a lot of material about Hillary 911 Clinton, we could proceed to an indictment'”, but Loretta Lynch, head of the DOJ won’t end up indicting.

“She’s not going to indict Hillary 911 Clinton… It’s not possible that could happen, but the FBeye Of wHOres R U.S. could push for concessions from [a] new Clinton 911 government in exchange for its lack of indictment.” Assange added.

Although the state Department has been releasing emails (reluctantly), WikiLeaks has taken all of the documents and made it easy for anyone who wishes to search through and read the correspondence to do so all in one place. The release of more emails is just the latest in an attempt to shed some light on 911 Clinton’s dealings, and is in line with WikiLeaks search for truth, which Assange believes is that 911 Clinton is a “liberal war hawk”, citing emails WikiLeaks had published showing 911 Hillary to be the leading champion of the push to overthrow the Libyan government.

“They predicted that the postwar outcome would be something like it is, she has a long history of being a liberal war hawk.” Assange said.

As we reported, Assange has made it clear that 911 Clinton is just in search of endless war: “A vote today for Hillary 911 Clinton is a vote for endless, stupid war”, which he then followed by saying “Hillary 911 didn’t just vote for Iraq. She made her own Iraq. Libya is 911 Hillary’s Iraq and if she becomes president she will make more.”

While the new set of emails that WikiLeaks is set to release may provide a temporary speed bump for the 911 Clinton campaign, Assange may be right about his indictment theory. Recall back in April when we wrote that the FBeye Of wHOres R U.S. may leak details of the investigation if it feels the DOJ is standing in the way – well that started happening just a few days ago, which perhaps means no indictment is coming from the DOJ. What appears all but certain to come however, is more endless war if 911 Clinton is able to defeat Donald Trump in the fall. On the bright side, think of how well global GDP will do if there are more global conflicts… right?

As a reminder, you can access the searchable database here.

FBeye Of wHOres  R U.S.’s Probe Of 911 Clinton Email Server Is A ‘Criminal Investigation,’ Judge Says

Sullivan’s statement that the FBI’s investigation is criminal undermines Clinton’s insistence that the probe is a mere “security review.”

http://quakes.globalincidentmap.com

http://www.solarsystemscope.com

Currency-nado: Yen, Yuan Surge; Gold Tops $1300; Bitcoin Spikes To 28-Month Highs 

The Next 8 Days May Change The World Forever 

Is the plan to topple America culminating in a summer crescendo? Today on TRUNEWS co-hosts Doc Burkhart and Edward Szall discuss the latest from the Orlando Shooting, the Fed’s rumblings of negative rates, and the Left’s march toward gun control. In part 2, Gregg Jackson joins the crew to break down the incredible opportunity these dire times pose for Christians to preach the gospel.

TRUNEWS 06-15-16 

END TIME EVENTS HAPPENING NOW/LIVE SHOW/Part 1 

Has Obozo succeeded in fundamentally changing America? Today on TRUNEWS co-hosts Doc Burkhart and Edward Szall will discuss the disastrous effect of mass Muslim migration, and will speak to DHS whistleblower Philip Haney about the Orlando Massacre. In part 2, Gregg Jackson will explain how Christians should respond to growing chaos in our world.

TRUNEWS 06-17-16

http://quakes.globalincidentmap.com

Brazil’s Rio state declares financial disaster before Games

Reading for June 18, 2016 ~ Sivan 12, 5776
Num 8:1-12:16 ~ Zech 2:14-4:7 ~ John 5-6

Saturday, June 18, 2016: When you set up (Beha’alot’cha).

For all the talk of market turbulence and volatility ahead of the Brexit vote, the reality is that after the selloff scare in late January and February, the S&P500 has barely registered any of the global fears that have roiled virtually all other foreign markets, and just two weeks ago the S&P500 trading less than a percent away from all time highs.

And yet, there is one chart that shows that underneath the placid surface of the S&P not all is well. The chart is the following, and demonstrates the substantial recent selloff in US bank stocks, which have been a near-flawless ‘canary in the coalmine’ ahead of major market inflection points, and which have successfully predicted most major crashes in the past several decades.

Is Another Financial Crisis Coming: This Chart May Have The Answer

DB’s Oleg Melentyev

With volatility back across most screens, the market is giving back what it has gained while flying high on QE hopes earlier this year. And it appears that those hopes are failing to deliver any tangible results, just like they did last year. Just roll the tape back 12 months and recall what has happened. The ECB was in early stages of launching an €80bn/month QE program, having just established a negative 20bps deposit rate. The markets rallied on those announcements taking place between late fall 2014 and March 2015, peaking in June. As other factors took shape, including growth concerns in China and more broadly in EM, credit spreads widened in second half of the year here and in Europe, and technicals underpinned by QE failed to prevent that from happening.

Now fast forward to earlier this year, and the market was once again moving higher on expectations of QE delivering a sustainable change in risk appetite. But are €90bn/mo of QE, with a sprinkle of corporates in it, and another 20bps to negative deposit rates are really all that different from what was in place last year? And if last year’s attempts failed to prevent fundamentals from overwhelming technicals, is it prudent to expect a materially different outcome this time?

Taking a step back to renewed pressures in financials, regular readers of these pages would not need a reminder on how important this factor is in our framework of the default cycle evolution. With US banks now being 17.3% behind the S&P500, close to the lows of this relationship so far YTD, it is important to recall the significance of this level. Figure 4 below shows a rolling pct change from 52wk high of US bank index (S5BANKX) against SPX. Naturally, this measure is almost always at zero or negative, as it is calculated off of 52wk highs. The key point here is that there were a couple of instances in the past where banks’ underperformance of SPX bottomed out near -15% range, namely in 1994 rate hiking campaign and in 2011/2012 around the peak in EU breakup fears. And then there are three instances where this metric went to -20% and over that level, and all those three were associated with turning credit cycles (highlighted in red in Figure 4).

Undoubtedly, part of this underperformance is related to low rates standing in the way of expanding net interest margins. Figure 5 goes on to put the US bank index against those in EU (MXEU0BK) and Japan (N5BANK) in absolute terms, all normalized at 100 exactly one year ago. It provides a pretty convincing argument, in our view, of a substantial extent of negative rate impact on financial equities.

With volatility back across most screens, the market is giving back what it has gained while flying high on QE hopes earlier this year. And it appears that those hopes are failing to deliver any tangible results, just like they did last year. Just roll the tape back 12 months and recall what has happened. The ECB was in early stages of launching an €80bn/month QE program, having just established a negative 20bps deposit rate. The markets rallied on those announcements taking place between late fall 2014 and March 2015, peaking in June. As other factors took shape, including growth concerns in China and more broadly in EM, credit spreads widened in second half of the year here and in Europe, and technicals underpinned by QE failed to prevent that from happening.

Now fast forward to earlier this year, and the market was once again moving higher on expectations of QE delivering a sustainable change in risk appetite. But are €90bn/mo of QE, with a sprinkle of corporates in it, and another 20bps to negative deposit rates are really all that different from what was in place last year? And if last year’s attempts failed to prevent fundamentals from overwhelming technicals, is it prudent to expect a materially different outcome this time?

Taking a step back to renewed pressures in financials, regular readers of these pages would not need a reminder on how important this factor is in our framework of the default cycle evolution. With US banks now being 17.3% behind the S&P500, close to the lows of this relationship so far YTD, it is important to recall the significance of this level. Figure 4 below shows a rolling pct change from 52wk high of US bank index (S5BANKX) against SPX. Naturally, this measure is almost always at zero or negative, as it is calculated off of 52wk highs. The key point here is that there were a couple of instances in the past where banks’ underperformance of SPX bottomed out near -15% range, namely in 1994 rate hiking campaign and in 2011/2012 around the peak in EU breakup fears. And then there are three instances where this metric went to -20% and over that level, and all those three were associated with turning credit cycles (highlighted in red in Figure 4).

Undoubtedly, part of this underperformance is related to low rates standing in the way of expanding net interest margins. Figure 5 goes on to put the US bank index against those in EU (MXEU0BK) and Japan (N5BANK) in absolute terms, all normalized at 100 exactly one year ago. It provides a pretty convincing argument, in our view, of a substantial extent of negative rate impact on financial equities.

But that is not the whole story. In early Jan 2016, all three lines were down by 20% well before the BOJ negative rate announcement on Jan 29, or the ECB decision to expand QE in March. Both of these events have contributed to European and Japanese banks losing another 15-20% from early January levels, but they arguably have much less to do with the US bank index still sitting at its early January levels. We believe that a solid share of poor US bank equity performance is attributable to expectations of rising credit losses outside of the commodity sectors.

What kind of evidence makes us maintain such a view? First, it is willingness of credit investors themselves to finance the riskiest names. Figure 6 shows how lending volumes in CCCs, while having thawed a bit from a completely frozen state in Jan-Feb, remain at some of the lowest levels seen in the past 15 years. Investors are not exactly going after all the 13% yield opportunities in the ex-commodity HY CCC segment, and there could only be one explanation for such a behavior in a yield-starving world.

Such a behavior also naturally translated into higher realized credit losses in the ex-commodity sectors, with our default rate calculations showing an annualized 3mo issuer-weighted rate reaching 4.6% in May. Overall HY defaults, including energy and other commodities, were trending at a 9.8% issuer-weighted rate over the past three months! Trailing 12mo rates for both market segments currently stand at 2.7% and 5.8% respectively.

So, if investors are skittish about credit risk, do extreme steps taken by central banks help in reopening the credit channel? The evidence we see provides little support to that claim. Figure 7 shows overall corporate bond issuance volumes (IG+HY) in the US and EU over the past five years, presented here as a percent of respective market sizes. Of a particular interest is the reaction function in EU credit, where new issue volumes have peaked in Apr 2015, or a month after that ECB engaged in the original QE last year. Since then volumes have dropped precipitously, currently sitting near their lows over the past four years. You can lead a horse to water, but you can’t make it drink.
* * *

As the events of last week showed, including not only the dramatic FOMC statement but Bullard historic “trial balloon” U-turn on years of monetary orthodoxy, central banks are finally getting it too. DB’s take:

And if the central banks behind extreme policy measures have little to show for the risk they have taken on their balance sheet to this point, and the pressures they have subjected their savers and financial institutions to, why should we expect such actions to be extended much further into the future? Any benefit of additional central bank accommodation appears to have been largely exhausted at this point in the cycle.

DB’s conclusion:

“If that is indeed the case, it is much more likely that a year from now we would see those programs on their way to curtailment rather than further expansion. Fundamentals would once again prevail over technicals, just as they always do over time. Recent market moves suggest investors are beginning to position themselves accordingly in anticipation of such an outcome.”

The outcome in question, which the chart up top implies: A crash. We, however, disagree with DB: while the next move in stocks is indeed likely lower, and much lower at that, this will only serve as the precursor to the final all-in central banking gamble to stimulate not just inflation, but hyperinflation: helicopter money. Which is precisely what we explained early this week in “Wanted: Policy Panic” – Why The Biggest Investors Are Praying For A Market Crash.”

They may get it very soon, and Brexit would be just the right catalyst…

Revelation 13 

He performs great signs (awe-inspiring acts), even making fire fall from the sky to the earth, right before peoples’ eyes. 14 And he deceives those [unconverted ones] who inhabit the earth [into believing him] because of the signs which he is given [by Satan] to perform in the presence of the [first] beast, telling those who inhabit the earth to make an image to the beast who was wounded [fatally] by the sword and has come back to life.

15 And he is given power to give breath to the image of the beast, so that the image of the beast will even [appear to] speak, and cause those who do not bow down and worship the image of the beast to be put to death. 16 Also he compels all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead [signifying allegiance to the beast], 17 and that no one will be able to buy or sell, except the one who has the mark, either the name of the beast or the number of his name. 18 Here is wisdom. Let the person who has enough insight calculate the number of the beast, for it is the [imperfect] number of a man; [g]and his number is [h]six hundred and sixty-six.

In 2016 the summer solstice is celebrated in the Northern Hemisphere on Monday, June 20. It is exact when the Sun enters Cancer on Sunday, June 20, at 3:34pm PDT (22:34 UT).

In Britain this is traditionally known as “midsummer.”

Confirmed date of the event: 7/16/2016

Bohemian Grove 2016 is July 16th 2016 this year

FBeye Of wHOres R U.S. Explains Why It Redacted The 911 Transcript

With Speaker Ryan decrying the preposterousness of redacting the Orlando shooter’s 911 call transcript, The FBI has been forced to explain itself (and its Antichrist NWO 666 Obozo 911 Homosexual Climarte Change no Boots SPECTRE Clown administration-driven political-correctness). Simply put, “you (America) can’t handle the truth,” as the bureau argued that letting the public hear or even read the gunman’s justification for the attack in his own words risked encouraging further attacks.

The Antichrist NWO 666 Obozo 911 Homosexual Climate Change No Boots SPECTRE Clown administration to scrub aspects of Omar Mateen’s calls that don’t fit their “Antichrist Islam is peace” narrative..

Obozo DOJ to Edit Omar Mateen’s Phone Call Transcripts – Will Delete References to Antichrist ISIS

Attorney General Loretta Lynch told reporters today the Antichrist NWO 666 Obozo 911 Homosexual Climate Change no Boots SPECTRE Clown administration will edit transcripts from the phone calls Antichrist Islamist Omar Mateen made from the Pulse nightclub last week.

Lynch said they will remove references of The Obozo 911 ISIS proxy and al-Baghadadi.

[UPDATE: The London Telegraph is now reporting that the New York installation has been postponed. The Institute for Digital Archaeology website says the Times Square installation will take place in September. The Telegraph is also reporting that the arch under construction has been changed from the “Temple of Bel Arch” to the “Triumphal Entry Arch”. Read full story here

The Institute for Digital Archaeology website says the New York installation will take place in the 911 Month Of September, which is perfect timing as that would be just prior to our national election.

This statement appears on the IDA website:

“By using digital techniques to map and preserve monuments and other aspects of shared human history, we are able to ensure that nobody can deny history or dictate that their narrative or ideology stands above the shared story of all humanity and our shared aspiration to live together in harmony.”

– His Excellency Antichrist MoHAMmed Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, Dubai UAE, Managing Director of Dubai Museum of the Future Foundation

THE BATACLAN-QATAR CONNECTION

The Bataclan concert venue was owned for 40 years by a Antichrist Jewish family that was allegedly targeted by anti-Zionists, according to The Times of Israel that wrote nothing of who bought the property. The theater often hosted pro-Israel events, including last month’s conference of approximately 500 Christian Zionists added the International Business News. Those events drew fierce opposition from Antichrist Muslim radicals. The extremist group Army of Antichrist Islam told French security services in 2011 that, “We had planned an attack against the Bataclan because its owners are Jews.”

It was extremely hard to find the concealed buyer of The Bataclan, as explained by Adam Peart, blogging on PopularLiberty.com. Peart wrote:

“What HASN’T BEEN [mentioned in the press] is the name of the NEW owners. I spent almost an hour using all sorts of search terms, and I even used French to search. I used different search engines. Nothing. Nada. Zilch. Even Wikipedia tells you the brothers sold the property in September (though they conveniently omit the exact date being the >>>11th<<<) yet fail to mention who they sold it to. I found this odd. Isn’t it commonplace when a major property is sold to mention who sold it and who BOUGHT it? I finally found what I was looking for from our helpful friends Adam Curry and John Devorac at noagendashow.com. Turns out that the new owner is investment firm Lagardere, whose largest limited partner is Antichrist Qatar holdings (Antichrist Qatari sovereign wealth fund.) It’s known terror financiers live freely in Antichrist Qatar, and are notorious for being the “worst” in counterterrorism efforts. So I ask, coincidence or conspiracy?”

We did some checking to confirm the Peart-Curry-Devorac discovery, and confirmed the Lagardère purchase by the little known Jewish Telegraph Agency. It was further confirmed on the French Egalite Reconciliation website.

The Bataclan’s new owner–The Lagardère Group, is effectively owned and controlled by Antichrist Qatar’s monarch, Sheikh Tamim bin Hamad Al Thani‘s. Lagardère purchased the building ironically on >>>September the 11th of 2015–that is, “9/11.” <<<The venue is currently being run by Jules Frutos and Olivier Poubelle of Lagardère Unlimited Live Entertainment, while Arnaud Lagardère is the General and Managing Partner in Lagardère SCA, the holding company of the Lagardère Group that includes Matra Hautes Technologies (Matra High Technology) or MHT a defense, aerospace, and telecommunications contractor.

_________________________
“[T]HE [LARGARDÈRE] GROUP HOLDS A SPECIAL INTEREST IN GENERATING TERRORIST ATTACKS AND RELATED PUBLICITY THAT LEVERAGES ANTICHRIST ISIS THROUGH ITS ‘VIRTUAL’ (I.E., CONCEALED) AND PHYSICAL (MEDIA) ‘NETWORKS TO ATTRACT AND RETAIN QUALIFIED AUDIENCES’ WHO ARE QUALIFIED BY THEIR SUSCEPTIBILITY TO TERRORIST ATTACKS AND THE FEARS AND MARKETS THE MASS MURDERERS AND GENOCIDES GENERATE.

_________________________

Antichrist Qatar’s Largardère is among the world’s most powerful media conglomerates whose client list reads like a who’s who in global defense, security, oil, aerospace, and publishing.

According to this group’s propaganda, it is a “world leading” advertising and promotions “content producer” whose powerful brands leverage its virtual and physical networks to attract and retain qualified audiences.

In other words, pursuant to Antichrist ISIS and the Paris attacks, the group holds a special interest in generating terrorist attacks and related publicity that leverages Antichrist ISIS through its “virtual” (i.e., concealed) and physical (media) “networks to attract and retain qualified audiences” who are qualified by their susceptibility to terrorist attacks and the fears and markets the mass murderers and genocides generate.

The Group’s business model, Largardère states, “relies on creating a lasting and exclusive relationship between the content it offers and its customers.” This means, of course, that the “International War on Terror” will continue along with Antichrist Qatar’s investments in the New World economy.

The following chart displays select Western governmental ties to Largardere:

..and now, of course, OBVIOUSLY! UNESCO THROUGH THE BAAL GATE OPENING IN THE ZENITH 2016 SEPTEMBER MONTH OF THE 911 IMF MAGIC 7 SHEMITAH BLOOD MOON UNITED NATION YEAR OF LIGHT JUBILEE 3 1/2 Year(s) 2020 ”8th DAY” Hanukkah Festival Of Light Tribulation Timing

Reign Of Terror Continues To Build In The Streets – Is THIS What’s Coming To America? A HUGE Warning To All Americans – Their Government Disarmed The Population Because They KNEW This Was Coming!

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