News, Rumors and Opinions Friday Morning 11-15-19
Operation Disclosure Intel Alert (11-15-19): "Trump Card"
11/14/2019
Operation Disclosure
RV/INTELLIGENCE ALERT - November 15, 2019
(Disclaimer: The following is an overview of the current situation of the world based on intelligence received from several sources which may or may not be accurate or truthful.)
According to sources, the release of the FISA report is now imminent as Attorney General Barr stated himself.
https://www.washingtonexaminer.com/news/william-barr-says-fisa-report-release-is-imminent
AG Barr also met with President Trump in the Oval Office just yesterday.
https://www.thegatewaypundit.com/2019/11/its-happening-breaking-president-trump-meets-with-ag-bill-barr-in-oval-office-then-delays-departure-and-calls-in-top-aides-and-communication-team/
"Indictments coming
[2019]"
Q
"TRUMP card coming."
Q
"At what stage in the game do you play the TRUMP card? Games R fun!"
Q
Meanwhile, Congress finds the Federal Reserve have committed theft of Trillions and caused Economic Destruction.
https://inteldinarchronicles.blogspot.com/2019/11/congress-finds-federal-reserve-theft-by.html
The US-China trade agreement is the key to breaking the fiat monetary system.
It was agreed that China would control the global economy until the US transitions to using an asset-backed monetary system and eventually the gold standard.
China is expected to issue a new digital currency which will start breaking the fiat monetary system.
Several countries in Asia will be affected by this move.
North and South Korea is expected to announce reunification around this time.
Also, Zimbabwe is being told not to issue a new currency as the Alliance's GESARA agenda mandates their currency to be asset-backed.
Russia is expected to become the world's leading nation in technology for at least a decade.
The RV of one or more currencies is expected to occur before the end of 2019.
"Is JFK Junior Coming Home...?" by Sierra (NZ) - 11.15.19
Entry Submitted by Sierra (NZ) at 12:00 AM EDT on November 15, 2019
A twitter account under the name John F Kennedy Junior features this tweet...
https://twitter.com/john_f_kennnedy?lang=en
'TRUMP card coming.'
Q
The tweet is accompanied by a six minute video called 'A Traitor's Justice' Episode 8...
https://www.youtube.com/watch?v=mvv17YRquPk
The cover picture for the video is of JFK Junior with Donald Trump. The video opens with footage of JFK Senior talking about the sea and the importance of it in our lives. There is home movie footage of JFK Senior playing in a swimming pool with his young son John.
At 1' 45" in the video, the picture of JFK Junior and Donald Trump appears again. The song 'I'm Coming Home' has been playing under the video, and at this point the lyrics are, 'I'm coming home, I'm coming home, tell the world I'm coming home...'
At 2' 06" there is a screen shot of a Tweet by Anon Joe M who produced the famous Q video. Joe M stopped tweeting on 2nd November around the time many Anons were speculating that he is JFK Junior.
At 5' 20" there is a photo of Vindman, the Democrat 'whistle-blower' who turned up to testify wearing full military uniform. The photo shows a close up of his eyes which have the slit pupils of off-planet dark reptilians.
At 6' 26" the video shows a Q style drop with these words...
'At what stage in the game do you play the TRUMP card? Games R fun!'
Q
It was widely speculated that a long Q post under the name 'R' was written by JFK Junior - R is the next letter in the alphabet after Q. What follows Q? R/JFK Junior.
The video ends with a picture of President Trump holding a card with the words 'TRUMP card'. Whose picture is on the card? JFK Junior.
Keep an open mind and stock up on pop corn - it seems the show is about to get really interesting!
Where We Go One We Go All.
Love and Light
Sierra (NZ)
https://inteldinarchronicles.blogspot.com/2019/11/is-jfk-junior-coming-home-by-sierra-nz.html
FED CAN’T SEE THE BUBBLES THROUGH THE LATHER
November 12, 2019
Recently, there has been a parade of central bankers along with their lackeys on Wall Street coming on the financial news networks and desperately trying to convince investors that there are no bubbles extant in the world today. Indeed, the Fed sees no economic or market imbalances anywhere that should give perma-bulls cause for concern.
You can listen to Jerome Powell’s upbeat assessment of the situation in his own words during the latest FOMC press conference here. The Fed Chair did, however, manage to acknowledge that corporate debt levels are in fact a bit on the high side. But he added that “we have been monitoring it carefully and taken appropriate steps.” By taking appropriate steps to reduce debt levels Powell must mean slashing interest rates and going back into QE.
The problem with that strategy being that is exactly what caused the debt binge and overleveraged condition of corporations in the first place.
Global central banks have abrogated the free market and are in the practice of repealing the business cycle and ensuring stocks are in a permanent bull market. Massive and unrelenting money printing is the “tool” that they use.
The good old USA had its central bank cut rates to 0% by the end of 2008 to combat the Great Recession; and that paved the way for the EU to join the free-money parade by 2016. In fact, the Band of Japan had already been at the zero-bound range years before. This means much of the developed world has been giving money away gratis for the better part of a decade.
And now central banks actually want you to believe that multiple years’ worth of global ZIRP has somehow left asset prices devoid of any significant distortions. All is normal here, or so we are told. So, I thought it would be prudent to shed some light on a few of those glaring imbalances that should be obvious to all except a debased central banker. To be blind to them screams of incompetence or mendacity–or both.
Forty percent of Europe’s investment grade corporate debt offers a negative yield and there are at this time $15 trillion worth of sovereign debt globally with a negative yield as well. The valuation of equities in the U.S. is now for the first time ever 1.5 times its phony and free-money-goosed GDP. Yet, at the same time S&P 500 margins and earnings are shrinking.
The U.S. has increased its business debt by 60% since the Great Recession–it now totals $16 trillion, which is an all-time high in nominal terms and as a percent of GDP. Much of this debt has been used to buy back stock and reduce share counts to boost EPS. Corporate buybacks, which were illegal in the U.S. before 1982, will breach $1 trillion this year. As far as the Fed is concerned, issuing a record amount of debt to buy back stocks at record high valuations is just fine.
According to the BIS, 12% of businesses in the developed world have become zombies–having to issue new debt just to pay the interest on existing debt—this figure is also at a record. The average interest rate on the U.S. 10-year Treasury Note prior to the Great Recession was about 7%. Today, this rate is a lowly 1.8%.
It appears central banks are completely oblivious to the global bond bubble even though they are its very progenitor. For further examples, back in the European debt crisis of 2012, the borrowing costs for the insolvent countries known as the PIIGS (Portugal, Ireland, Italy, Greece, and Spain) shot up to the thermosphere. The Greek 10-year Note hit a yield of 40% and caused the economy to crash under the weight of its mountain of debt and skyrocketing servicing costs.
This led to an explicit and partial debt default of its obligations and a humongous European Central Bank bond-buying program that promised “to do whatever it takes” to bring down yields. The Greek 10-year yield is now just 1.6%, even though the country’s National debt to GDP ratio has actually increased from 159% in 2012, to just under 200% today. How can this be?
The answer is, Greek debt is once again in a gargantuan bubble, but this time around it is now and forever on the life support of ECB counterfeiting. It is the same story in Portugal. Its 10-year Note yield shot up to an untenable 16% in 2012. But through the magic of the printing press it is now just under 0.25%. As incredible as that rate is, it exists even though Portugal’s National debt to GDP ratio is still over 120%; just about the same level it was back in 2012 when the market caused its rate to skyrocket.
The U.S. deficit increased by 26% y/y and is now $1 trillion per annum. The annual deficits are projected by the CBO to be at least $1.2 trillion for the next decade. That is, if everything goes perfectly fine in the economy and rates stay at historic lows–and there is never another recession. For Mr. Powell and company, all this is viewed as being completely normal.
In addition, history has proved throughout the centuries that once an economy has more than a 90% total debt to GDP ratio, its economic growth becomes impaired. The total in the U.S. is now 330%, in the EU it is 450%, and Japan has over 600% total debt to GDP. How did the entire developed world become so debt-disabled? The answer is simple: artificial interest rates provided by central banks have incentivized, facilitated and enabled governments to issue massive amounts of debt with impunity. Again, according to central bankers there is nothing to see here.
These are just a few of the many examples of market distortions arising from central banks artificially pushing yields into the sub-basement of history. Now they have destroyed the market-based pricing of fixed income and equities across the globe. These markets have now become wards of the state forever and ever amen.
The sad truth is that the entire artificial and tenuous construct of markets is predicated on interest rates that perpetually fall and never increase. As long as this baneful dynamic is in place, asset bubbles grow bigger, and debt levels rise. Thus, making the economy increasingly more dependent on lower and lower interest rates. The problem is most central banks have already arrived at the zero-bound range and/or are in various stages of QE. Even the horrific Fed only has one and half percentage points from running out of ammo to reduce borrowing costs and is already printing $60 billion per month in QE.
And yes, that is exactly what it should be called. Hence, when (not if) the next economic contraction begins, money markets will once again freeze and the record number of zombie companies will begin laying off millions of employees as a result of being shut out of the credit market. Then, the global bubble in junk corporate debt will crater and cause panic in equity markets like never before in history.
According to the Fed and the deep-state on Wall Street, all is completely normal.
The China stock bubble burst 12 years ago, and the Shanghai exchange is still down 50% from that high. Japan’s bubble burst 30 years ago, and investors are still down 40%. Global central banks have set the table for a record implosion of markets and the major U.S. averages are by far the most overvalued.
This is why it is imperative to model the dynamics in credit markets to ensure you can participate in the upside of stocks while the charade lasts. But most importantly, also avoid getting slaughtered like a passively managed pigeon once interest rates spike and the global credit bubble finally bursts.
http://pentoport.com/fed-cant-see-the-bubbles-through-the-lather/
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Keiser Report 1462
Nov 13, 2019
Markets! Finance! Scandal! Keiser Report is a no holds barred look at the shocking scandals behind the global financial headlines. From the collusion between Wall Street and Capitol Hill to the latest banking crime wave, from bogus government economic statistics to rigged stock markets, nothing escapes the eye of Max Keiser, a former stockbroker, inventor of the virtual specialist technology and co-founder of the Hollywood Stock Exchange.
With the help of Keiser's co-host, Stacy Herbert, and guests from around the world, Keiser Report tells you what is really going on in the global economy.