from WeAreChange
Donald Trump Doubles Down on Claim That Election is Rigged
GOP candidate claims media bias, voting impropriety
by Stephanie Armour and Reid J. Epstein
Market Watch
GOP presidential nominee Donald Trump on Sunday intensified his charge that November’s election is rigged against him by media bias and malfeasance at the ballot box, after his running mate, Mike Pence, tried to temper the nominee’s rhetoric by saying the Republicans would accept the Nov. 8 election result.
The mixed messages on the Republican ticket came as the presidential race turns toward this week’s final debate and as both campaigns were pressing the message that controversies dogging their candidacies are being pushed by outside, opposing forces. Democrat Hillary Clinton’s running mate, Tim Kaine, Sunday charged that the Russian government is trying to sway the election to Trump through hacks of campaign emails.
Seek Your Independence: Anything Else Will Destroy You
by Jeff Berwick
Dollar Vigilante
Many people think The Dollar Vigilante is a fear mongering, pessimistic blog.
If you only read our headlines, then I can see how you would feel that way. But things are getting so bad that all we are doing is acknowledging the current state of affairs. The truth hurts.
After we began to analyze Shemitah and then Jubilee timelines, we became even more pessimistic because it was clear that even the deepest economic and military disasters were planned in advance.
Our lives are run by a small group of psychopaths. At least to the degree that we react to world events. The only way out is to plan for ourselves.
Is Platinum Warning Once Again of a Stock Market Crash?
by Rick Ackerman
RickAckerman.com
[Cam Fitzgerald posted the comments below in the Ricks’ Picks forum on Friday, but I am emailing them to all subscribers because his point — that the steep drop in platinum may be warning of a stock market collapse — deserves a wider audience. Cam, whose forum handle is ‘Farmer’, has made some prescient calls in the past. He is also the first person from whom I learned, years ago, that pesticides contained neurotoxins that were killing off the world’s honey bee population. Cam’s ‘platinum indicator’ could have bearish implications for gold as well, since price action in the former often leads the latter. In this case, platinum’s 22.5% plunge since mid-August has more than doubled gold’s 9.5% drop. This is shown in the charts below. For the record, Rick’s Picks‘ outlook for gold recently turned cautious due to the hard selling that has occurred so far in October. I haven’t given up on the idea that the powerful rally in precious metals begun early in 2016 is the nascent stage of a bull market that will run for years. However, technically speaking, the yellow flag is out, and I am no longer recommending bottom-fishing in mining stocks at this time. The sector looks vulnerable to a further correction on top of the 30% decline that has already occurred. RA]
What You Need To Know About Gold Right Now: “This Was An Artificial Takedown… Bull Market Will Resume… There Will Be Big Demand With Tight Supply”
by Mac Slavo
SHTF Plan
Recent price action in precious metals has left many an investor wondering where gold and silver prices will go next. According to Inca One Gold Chairman Bruce Bragagnolo, prices won’t stay down for much longer. In an interview with Future Money Trends Bragagnolo says that the correction we’ve seen since August is a result of multiple factors including the fact that Chinese markets were closed for an entire week. This gave insiders an opportunity to progressively drive prices lower by dumping literally billions of dollars in paper assets onto the open market in mere seconds. Bragagnolo explains:
Russia Advising Its Citizens How to Prepare for Nuclear War Warning US Intends to Attack
by Martin Armstrong
Armstrong Economics
Just as Obama keeps ratcheting up the allegations that Russia will hack the elections to ensure Trump wins, in Russia they are warning their citizens that war is coming and it maybe nuclear. They are warning that NATO is retrofitting tactical aircraft for the use of nuclear weapons, “which is sign of preparation for war with Russia”. A whole website has gone up in Russia dedicated to the World War III and one offering advice and how to prepare.
ABC News is reporting that Russian Television Warns of Nuclear War Amid US Tensions. US mainstream press is not questioning what is going on when we have a President who got the Noble Peace Prize. They are not looking at Obama floating all sorts of stories that a Trump victory will be proof of a Russian cyber attack. The Washington Post pitches the story that Russia wants war. Meanwhile The Daily Mail reports that the Kremlin calls Joe Biden’s threat to ‘cyber strike’ Russia ‘unprecedented’ and pledges to protect itself from the “aggressive, unpredictable United States”. CNN has reported that Russia and the US have moved past a Cold War to unpredictable confrontation.
Why is Obama Threatening Russia with World War 3 Right Before the Election?
by Michael Snyder
The Economic Collapse Blog
It sure seems like an odd time to be provoking a war with Russia. As I write this, we stand just a little bit more than three weeks away from one of the most pivotal elections in U.S. history, and Barack Obama has chosen this moment to strongly threaten the Russians. As I wrote about on Friday, Reuters is reporting that Obama is contemplating “direct U.S. military action” against Syrian military targets, and the Russians have already indicated that any assault on Syrian forces would be considered an attack on themselves. The rapidly deteriorating crisis in Syria has already caused tensions with Russia to rise to the highest level since the end of the Cold War, but now Obama is adding fuel to the fire by publicly considering “an unprecedented cyber covert action against Russia”. Apparently Obama believes that Russian hackers are interfering in the election and so he wants payback. The following comes from an NBC News article entitled “CIA Prepping for Possible Cyber Strike Against Russia“…
This is Going to Shock World Financial Markets
from King World News
With continued uncertainty in global markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, spoke with King World News about what is going to shock world markets.
Gold Has Skyrocketed In Foreign Currencies
Egon von Greyerz: “Eric, there are so many people who are concerned about the performance of gold and the fact that the price after four years of correction is still so far from the high. The mistake that most people make is to measure gold in US dollars. We are currently seeing very temporary dollar strength. But the US$ is a weak currency in a mismanaged economy. Just look at the dollar in Swiss Francs. Since 1970 the dollar has lost 77% against the Swissy. That can hardly be called dollar strength.
Wolf Richter: The Economy Is Cracking Under Too Much Debt
Housing, restaurants & retail are suffering
by Adam Taggart
Chris Martenson’s Peak Prosperity
Wolf Richter joins the podcast this week to discuss the deterioration of the global macro situation, and how he is seeing growing signs of recession breaking out across the economy:
I think that was one of the biggest mistakes the central banks made during the financial crisis: They stopped the debt from blowing up. So we never had a cleansing.
In a recession, normally companies de-leverage. They go through bankruptcy, they shed their debts, and you have this big wave of debt restructuring. This is painful for bondholders and banks, but it clears out the crap that is clogging up the pipeline. And so these companies reemerge or get bought out and the debt just disappears. The same with consumers: they unload their debts through various methods, and so when the recovery starts, you are not suffocating under this huge load of debt.
That has not happened in the United States, particularly, but in other countries, too. That debt never got fully blown out. And then the recovery started with 0% interest rates and monetary stimulus, which only encouraged companies and individuals and governments to take on even more debt. So now we’re burdened with such an enormous amount of debt that I think it is very hard to even breathe for the economy. A lot of people out there are worried about this, which is why you hear now voices saying we need a serious reflation. They need to come up with a lot of inflation to wipe out that debt. And of course, that will be a fiasco for our economy because if you have any uptick inflation without an equivalent uptick in wages — which we have not been getting — then you will destroy the consumer. And so this is not a great solution either.
But we are still solving the too-much-debt-problem with too much debt. I mean, the Fed is still saying We will make money for free and you just need to borrow more money, and that’s its solution to having too much debt. It’s insane when you look at it.
Restaurants, a classic leading indicator of economic spending, are having one of their worst periods since the 2008 crisis:
My Letter to ND State Attorney, Ladd Erickson on Dropping Charge Against Amy Goodman
by Nomi Prins
NomiPrins.com
From: Nomi Prins, Author, investigative Journalist, Concerned American Citizen
To: North Dakota State Attorney Ladd R. Erickson, McLean County, lrerickson@nd.gov
Subject: Riot Charge Against Prize-Winning Independent Journalist, Amy Goodman
Dear North Dakota State Attorney Ladd R. Erickson:
Since you were first elected North Dakota’s State Attorney in 2002, and subsequently re-elected in 2006, 2010 and 2014, you have prosecuted numerous cases based on a multitude of charges.
The case you are attempting to bring against Democracy Now! host, and award-winning veteran independent journalist, Amy Goodman is simply a miscarriage of the justice that you have been elected to uphold. It is a case unworthy of your stated responsibilities to protect the public. It is a case that flies in the face of the critical freedoms that we Americans hold dear.
BRICS See Aggressive Globalism as Antidote to Economic Failure
by Daily Bell Staff
The Daily Bell
Xi warns of globalisation backlash at BRICS summit … Chinese President Xi Jinping said Sunday a rising tide of protectionism and anti-globalisation was endangering the world economy’s still fragile recovery as BRICS leaders vowed to forge closer business and trade ties. – AFP
This summit provides yet more evidence that at the very top, the BRICs are aligned with the Western controllers of London’s City.
This has always been our theory and history shows this to be true.
Wall Street tycoons traveled to Russia dressed up as Red Cross workers to ensure that Lenin won the day and communism was established in Russia.
Supposedly Mao attended Yale Divinity School in China and was inducted into the notorious (Illuminati) Skull and Bones fraternity.
The head of Germany during World War I was actually the grandson of Queen Victoria. Hitler was funded by Western central and commercial banks.
The Right Approach to Brexit; Comparing One British Politician to Trump and Hillary
by Mike ‘Mish’ Shedlock
Mish Talk
Daniel Hannan, a British member of the European Parliament (MEP), made an eloquent, impassioned speech this weekend on what should take place in Brexit talks.
After listening to Hannan on Brexit, regulation and trade, I am certain he would make a far better US president than anyone in the entire field from 18 months ago.
A few videos will make the case, the first is only a minute long.
Hannan on Switzerland and a Reasonable Brexit Approach
Some may that was a self-serving speech. Perhaps, it was. However, Hannan’s proposed framework is also in the best interest of the EU.
Unfortunately, the Eurocrats are far more interested in punishing the UK than negotiating a win-win settlement. Doing so makes the EU nothing more than a prison, with walls restricting trade.
Outside of war, it never make sense to restrict trade. But here we are, with the EU bound and determined to punish the UK, even though they will fear even worse by doing so.
Hannan on Brexit
Apparent Blatant Criminal Hillary
by Karl Denninger
Market-Ticker.org
Where are the damned handcuffs?
And by the way, the conclusion apparently reached in this email chain? Take the money.
This is what the FEC has to say about such things:
The Federal Election Campaign Act (FECA) prohibits any foreign national from contributing, donating or spending funds in connection with any federal, state, or local election in the United States, either directly or indirectly. It is also unlawful to help foreign nationals violate that ban or to solicit, receive or accept contributions or donations from them. Persons who knowingly and willfully engage in these activities may be subject to fines and/or imprisonment.
It also says:
Latest Wiki Dump Reveals Heavy Press Collusion Over Hillary’s “Excellent Health” Medical Statement
from Zero Hedge
Among the latest, ninth round of Podesta email releases by Wikileaks this morning, is a July 31, 2015 email by Hillary Clinton’s National Press Secretary Brian Fallon who lays out the agenda for the day’s rollout of Clinton’s tax record and, more importantly, Hillary’s “excellent health” medical statement, where once again the media, listed as “AP, Politico, WSJ, WaPo, etc” is exposed as coordinating and colluding with the campaign to send a message that Hillary is in great health.
In the email written in the early hours on Friday, Fallon writes that in the “rollout plan” for that same day, the campaign will “Pitch the first round of stories to the travelling press corps (AP, Politico, WSJ, WaPo, etc) with a 2 pm embargo.”
Is Obama Juicing Government Spending to Get Hillary Elected?
by James Quinn
The Burning Platform
During the last year of his reign of error, our beloved Nobel Peace Prize winner, Obama ran out of government accounting gimmicks to falsely proclaim Federal deficits have been falling. His legacy of debt accumulation will go down in history as the last dying gasps of a crumbling empire built upon Keynesian delusions, political corruption, and a Deep State establishment hellbent upon retaining power at the cost of global war and financial collapse.
The entirely fabricated government propaganda data point known as the Federal deficit skyrocketed by 34% in fiscal 2016 (Federal year is Oct. 1 to Sept. 30). The reported deficit in FY15 was a mere $438 billion. Obama and his brain dead minions had boasted about such a small deficit. The country has been in existence for 227 years and Obama had the balls to boast about “achieving” the 8th highest deficit in our history. Just for some context, the savior also led the country to the 1st, 2nd, 3rd, 4th, 5th, and 6th highest deficits in the country’s history. Bumbling Bush achieved the 7th highest in the glorious year of 2008.
The Real Humanitarian Crisis Is Not Aleppo
by Dr. Paul Craig Roberts
PaulCraigRoberts.org
Why do we hear only of the “humanitarian crisis in Aleppo” and not of the humanitarian crisis everywhere else in Syria where the evil that rules in Washington has unleashed its ISIL mercenaries to slaughter the Syrian people? Why do we not hear about the humanitarian crisis in Yemen where the US and its Saudi Arabian vassal are slaughtering Yemeni women and children? Why don’t we hear about the humanitarian crisis in Libya where Washington destroyed a country leaving chaos in its place? Why don’t we hear about the humanitarian crisis in Iraq, ongoing now for 13 years, or the humanitarian crisis in Afghanistan now 15 years old?
The answer is that the crisis in Aleppo is the crisis of Washington losing its ISIL mercenaries to the Syrian army and Russian air force. The jihadists sent by Obama and the killer bitch Hillary (“We came, we saw, he died”) to destroy Syria are being themselves destroyed. The Obama regime and the Western presstitutes are trying to save the jihadists by covering them in the blanket of “humanitarian crisis.”
Euro ‘House of Cards’ to Collapse, Warns ECB Prophet
Otmar Issing was a towering figure at the Euro’s inception
by Ambrose Evans-Pritchard
Telegraph.co.uk
The European Central Bank is becoming dangerously over-extended and the whole euro project is unworkable in its current form, the founding architect of monetary union has warned.
“One day, the house of cards will collapse,” said Professor Otmar Issing, the ECB’s first chief economist and a towering figure in the construction of the single currency.
Prof Issing said the euro has been betrayed by politics, lamenting that the experiment went wrong from the beginning and has since has degenerated into a fiscal free-for-all that once again masks the festering pathologies.
Crony Communism: Hillary Clinton’s Game Plan For America
by David Kranzler
Investment Research Dynamics
“The goal of socialism is communism.” – Vladimir Lenin
Inferential Analytics (IA), the forecasting method we have created and use, has generated a new theme. IA themes define significant macro developments that are in progress. IA themes almost always become full-blown realities in time. This is our first article about the new theme, which is particularly threatening and disturbing.
If this theme develops as the IA model projects, the resulting new reality will have a profound effect on every United States citizen living either within or outside the country. (U.S. citizens are taxed no matter where in the world they reside.) While the entire American experience will be re-shaped by this new reality, citizens’ financial freedom, and therefore their overall liberty is particularly at risk. This theme extends beyond the United States, especially to Europe, but in this article we will focus on the U.S. situation.
Micro Doc: New World Order Truth: “Do People Really Not Understand That Our Nation Has Been Under Attack?”
by Mac Slavo
SHTF Plan
A new micro-documentary from SGT Report exposes the New World Order and its modern day figureheads.
Would you have the courage it would take to look the New World Order in the face – the Rothschilds, the Rockefellers, the Bushes, the Clintons – and tell them exactly what you think of them?
…
That’s exactly what happened at the Sunday night debate. You can say what you want about Donald Trump but one thing is absolutely certain… the man has courage… I don’t think the significance in the exchange with Hillary Clinton can be overstated… The statements of fact that Trump shared are statements of fact that millions of Americans want to say to Hillary’s face…
But Trump is the one that said them on a global stage… You have to realize that Bill and Hillary Clinton are members of a global cartel… an international banking criminal syndicate… and standing up to them and speaking truth to them on a global stage is a moment of historical significance.
Italy Bank Merger Largest Since 2007: Banco Popolare, Banca Pop di Milano (Deal Solves Nothing)
by Mike ‘Mish’ Shedlock
Mish Talk
The idea you can take two under-capitalized banks, both seriously in trouble with non-performing loans, merge them, and come out with a much better bank is ridiculous, but that is the route Italy seeks.
Banco Popolare CEO Pier Francesco Saviotti and Popolare di Milano CEO Giuseppe Castagna agreed on a merger plan in February. Shareholders approved the deal this weekend.
Castagna will oversee the combined company, while Saviotti will become chairman of the executive committee. The new bank will be called Banco BPM.
Please consider Italy’s Biggest Bank Merger Since 2007 Wins Investor Backing.
The approval of Italy’s biggest banking merger in almost a decade marks a first step in a process of consolidation urged by regulators, investors and Prime Minister Matteo Renzi. But plenty of obstacles remain to further deals among the country’s beleaguered lenders.
Renzi has encouraged Italy’s weaker banks to combine to shore up their finances and pushed through measures to abolish restrictions on ownership and voting rights, two longstanding hurdles to mergers. Yet further progress may be slow as Banca Monte dei Paschi di Siena SpA, one of Italy’s largest lenders, fights for survival and Renzi’s own political future hangs on the outcome of a December referendum he called to overhaul Italy’s political system.
Bad Loan Burden
Italian banks are burdened with about 360 billion euros ($396 billion) of non-performing loans, sluggish economic growth and record-low interest rates. Monte Paschi, shown in European stress tests to be the region’s most vulnerable lender to a severe economic shock, is seeking to tap investors for capital in a complex restructuring plan to stay afloat.
The troubled lender was bailed out twice by the government since 2009 and raised 8 billion euros of fresh capital from investors in the last two years. The bank is now studying a proposal from Corrado Passera, Italy’s former economic development minister, that envisages raising 5 billion euros through a share sale and long-term backers, according to a person familiar with the plan.
Renzi and his finance minister, Pier Carlo Padoan, have struggled to shore up lenders without resorting to direct state aid under European Union rules, which would probably force losses on retail investors. In April, they persuaded Italian banks to set up a 4 billion-euro rescue fund dubbed Atlante, a program critics have deemed too small to restore confidence given that soured debt is equivalent to a fifth of Italian gross domestic product.
The deal is the biggest bank merger in Italy since Monte Paschi’s acquisition of Banca Antonveneta SpA in 2007. It will create a lender with a market value of about 5.7 billion euros, 171 billion euros of assets and more than 25,000 employees.
Bigger Mess
Merging troubled banks does nothing but create a big mess out of smaller messes. The move does not raise any capital.
An Update from Bryan Slusarchuk of K92 Mining
by Turd Ferguson
TF Metals Report
Back on Friday, I jumped at the opportunity to visit again with Bryan Slusarchuk, the president of K92 Mining. You may recall that when we last spoke with Bryan back in June, K92 was getting ready to bring their primary mine into production. With production now underway, I think you’ll really enjoy this update.
What an exciting time for Bryan and his company. It was great to visit with him again and, not only did he answer my questions, he was also glad to address some of the questions raised in the comments section of the original interview. Among the topics covered in this podcast: