vrijdag 19 juli 2019

Socialism & Corporatism Bankrupted The U.S.: Free Markets Are The Answer

 https://youtu.be/qPl4BEDs-TI

Source: RonPaulLibertyReport

The Day of the Lord Armageddon - Stan 07/19/2019

 https://youtu.be/OrcNotYAGqo

Source: Prophecy Club

STORM AREA 51 IS CLEARLY A PSYOP....

 https://youtu.be/CD-VXhPJ2c4

Source: A Call For An Uprising

X ANON... TRUMP CONFIRMS TAKEOVER OF CHEMTRAILS

 https://youtu.be/6JmfDCosVJo

Source: thereal X ANON

Zhirinovsky: Erdogan Personally Told Me That Turkey Is Ready For Strategic Alliance With Russia

 https://youtu.be/NW9axb84I10

Source: Russia Insight

Q Watch 19, Epstein Staggering Amount of Names, Evergreen

 https://youtu.be/pmiTlQ6QX7w

Source: Dnajlion7

Qanon:JFK JR. IS DEAD!

 https://youtu.be/W9Q6UXY-4Wo

Source: Annette Cividanes

Sodom and Gommorah

 https://youtu.be/MC6TxT2wLng

Source: Warriors for Christ

Epstein Denied Bail As Justice Moves Foward

 https://youtu.be/zJCyhQotJOE

Source: The Patriot Hour

X ANON... KABBALISM MYSTICAL TEACHINGS EXAMINED

 https://youtu.be/_j3yLpFBZzI

Source: thereal X ANON

A Bank With 49 Trillion Dollars In Exposure To Derivatives Is Melting Down Right In Front Of Our Eyes

Source: Investment Watch


Could it be possible that we are on the verge of the next “Lehman Brothers moment”?  Deutsche Bank is the most important bank in all of Europe, it has 49 trillion dollars in exposure to derivatives, and most of the largest “too big to fail banks” in the United States have very deep financial connections to the bank.  In other words, the global financial system simply cannot afford for Deutsche Bank to fail, and right now it is literally melting down right in front of our eyes.  For years I have been warning that this day would come, and even though it has been hit by scandal after scandal, somehow Deutsche Bank was able to survive until now.  But after what we have witnessed in recent days, many now believe that the end is near for Deutsche Bank.  On July 7th, they really shook up investors all over the globe when they laid off 18,000 employees and announced that they would be completely exiting their global equities trading business
It takes a lot to rattle Wall Street.
But Deutsche Bank managed to. The beleaguered German giant announced on July 7 that it is laying off 18,000 employees—roughly one-fifth of its global workforce—and pursuing a vast restructuring plan that most notably includes shutting down its global equities trading business.
Though Deutsche’s Bloody Sunday seemed to come out of the blue, it’s actually the culmination of a years-long—some would say decades-long—descent into unprofitability and scandal for the bank, which in the early 1990s set out to make itself into a universal banking powerhouse to rival the behemoths of Wall Street.
These moves may delay Deutsche Bank’s inexorable march into oblivion, but not by much.
And as Deutsche Bank collapses, it could take a whole lot of others down with it at the same time.  According to Wall Street On Parade, the bank had 49 trillion dollars in exposure to derivatives as of the end of last year…
During 2018, the serially troubled Deutsche Bank – which still has a vast derivatives footprint in the U.S. as counterparty to some of the largest banks on Wall Street – trimmed its exposure to derivatives from a notional €48.266 trillion to a notional €43.459 trillion (49 trillion U.S. dollars) according to its 2018 annual report. A derivatives book of $49 trillion notional puts Deutsche Bank in the same league as the bank holding companies of U.S. juggernauts JPMorgan Chase, Citigroup and Goldman Sachs, which logged in at $48 trillion, $47 trillion and $42 trillion, respectively, at the end of December 2018 according to the Office of the Comptroller of the Currency (OCC). (See Table 2 in the Appendix at this link.)
Yes, the actual credit risk to Deutsche Bank is much, much lower than the notional value of its derivatives contracts, but we are still talking about an obscene amount of exposure.
And this is especially true when we consider the state of Deutsche Bank’s balance sheet.  According to Nasdaq.com, as of the end of last year the bank had total assets of 1.541 trillion dollars and total liabilities of 1.469 trillion dollars.
In other words, there wasn’t much equity there at the end of December, and things have deteriorated rapidly since that time.  In fact, it is being reported that a billion dollars a day is being pulled out of the bank at this point.
I know that most Americans don’t really care if Deutsche Bank lives or dies, but as the New York Post has pointed out, the failure of Deutsche Bank could quickly become a major crisis for the entire global financial system…
But the important fact to remember is that Deutsche Bank traded these derivatives with other financial firms. So, is this going to be another Lehman Brothers situation whereby one bank’s problems becomes other banks’ problems?
Pay close attention to this.
If the situation gets out of hand, the Federal Reserve and other central banks will have no choice but to cut interest rates even if it’s not the best thing for the world economies.
In particular, some of the largest “too big to fail banks” in the United States are “heavily interconnected financially” to Deutsche Bank.  The following comes from Wall Street On Parade
We know that Deutsche Bank’s derivative tentacles extend into most of the major Wall Street banks. According to a 2016 reportfrom the International Monetary Fund (IMF), Deutsche Bank is heavily interconnected financially to JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley and Bank of America as well as other mega banks in Europe. The IMF concluded that Deutsche Bank posed a greater threat to global financial stability than any other bank as a result of these interconnections – and that was when its market capitalization was tens of billions of doll
Until these mega banks are broken up, until the Fed is replaced by a competent and serious regulator of  bank holding companies, and until derivatives are restricted to those that trade on a transparent exchange, the next epic financial crash is just one counterparty blowup away.
As long as I have been doing this, I have been warning my readers to watch the global derivatives market.  It played a starring role during the last financial crisis, and it will play a starring role in the next one too.
The fundamental structural problems that were exposed during 2008 and 2009 were never fixed.  In fact, many would argue that the global financial system is even more vulnerable today than it was back during that time.
And now it appears that the next “Lehman Brothers moment” may be playing out right in front of our eyes.
Now more than ever, keep a close eye on Deutsche Bank, because it appears that they could be the first really big domino to fall.




Juniors nog even in de schaduw


De HUI Gold Index noteert 63% boven de lows van 10 maanden geleden. Diverse goudmijnen hebben een mooi parcours afgelegd en beleggers verwend met buitengewone rendementen.

Maar tegelijkertijd zijn er ook heel wat, kleinere mijnaandelen die deze rally grotendeels aan zich voorbij hebben laten gaan.

Als je naar de volumes kijkt, weet je ook meteen waarom.

Ondanks de sterke prestatie van goud en de grotere mijnaandelen, hebben beleggers amper aandacht voor de juniors.

Dat is niet ongewoon overigens.

Tijdens een eerste fase van een bull-market worden vooral de grotere namen opgepikt. Je moet weten dat beleggers op het dieptepunt van de markt de risico’s zat zijn en vooral opteren voor “veiligheid” en dat zijn de majors.

Pas in een latere fase, als het vertrouwen bij beleggers toeneemt, wordt er geloerd naar de juniors voor extra leverage.

Kijk maar eens naar de aanzwellende volumes in GDX en leg dit maar ééns naast de volumes van diverse juniors. Het contrast kan niet groter zijn!

Deze desinteresse bij beleggers merk je ook op dagen dat specifieke mijnbedrijven met goed nieuws naar buiten komen.

Zo kwam er recent bij Gatling Exploration (ticker GTR) het nieuws dat Northfield Capital, geleid door Robert Cudney , een positie heeft opgebouwd van 4,7 miljoen aandelen en zo 10,1% van Gatling bezit.

Hij lijkt nog niet te stoppen met zijn aankopen aangezien hij vorige week opnieuw 110.000 aandelen uit de markt plukte.

Cudney is een investeerder met een goede neus voor interessante beleggingen. Hij zit ook groot in Nighthawk Gold, één van de beter presterende juniors van het afgelopen jaar.

Het leeuwendeel van deze aankopen gebeurden trouwens aan de helft van de huidige koersen.

Deze investeerder was eerder al eens betrokken bij het Larder project overigens. Hij kent de regio én het project.

Gatling besliste recent, gesteund door de goede boorresultaten, om het boorprogramma uit te breiden, maar het laat beleggers grotendeels koud.

Ik haal er nu Gatling uit omdat het een naam is die ik eerder al genoemd heb, maar hetgeen ik schrijf, geldt eigenlijk voor nagenoeg alle juniors.

(voor de goede orde: Gatling blijft behoorlijk goedkoop aan deze koersen maar voor nieuwe aankopen, geef ik persoonlijk momenteel de voorkeur aan andere namen)
Novo Resources (ticker NVO), een bedrijf met een market cap van C$370 miljoen, toont dagelijks volumes van amper C$300.000. Het is tekenend voor de huidige markt.

De keerzijde is echter dat een beetje interesse de koersen ook in geen tijd tientallen procenten hoger kan duwen.

Het verschil met de grotere namen kan eigenlijk niet groter zijn. 

Wie indertijd mijn live portefeuille volgde, weet dat ik fors investeerde in SSR Mining, First Majestic en Wesdome Gold. 

Deze drie namen noteren respectievelijk 94%, 116% en 112% boven de lows van de afgelopen 12 maanden en zijn stuk voor stuk te behouden.

De grotere, liquidere namen staan in de spotlight, de juniors in de schaduw. Lang kan dat niet blijven duren.

Dat lijkt me dus een mooi moment om de aandacht wat te verschuiven naar die achterblijvers.

Wie op zoek is naar interessante namen om aan de portefeuille toe te voegen, kan daarvoor terecht bij Mining Moonshots.

We hebben deze maand 6 plaatsen beschikbaar gekregen

groeten,

Maarten Verheyen

“It’s Going to Be Staggering, the Amount of Names”: As the Jeffrey Epstein Case Grows More Grotesque, Manhattan and DC Brace for Impact


Source: Vanity Fair
The Jeffrey Epstein case is an asteroid poised to strike the elite world in which he moved. No one can yet say precisely how large it is. But as the number of women who’ve accused the financier (at least, that’s what he claimed to be) of sexual assault grows to grotesque levels—there are said to be more than 50 women who are potential victims—a wave of panic is rippling through Manhattan, DC, and Palm Beach, as Epstein’s former friends and associates rush to distance themselves, while gossiping about who might be ensnared. Donald Trump’s labor secretary, Alexander Acosta, architect of the original 2007 non-prosecution agreement that let Epstein off with a wrist slap, has already been forced to resign.
The questions about Epstein are metastasizing much faster than they can be answered: Who knew what about Epstein’s alleged abuse? How, and from whom, did Epstein get his supposed $500 million fortune? Why did Acosta grant Epstein an outrageously lenient non-prosecution agreement? (And what does it mean that Acosta was reportedly told Epstein “belonged to intelligence”?) But among the most pressing queries is which other famous people might be exposed for committing sex crimes. “There were other business associates of Mr. Epstein’s who engaged in improper sexual misconduct at one or more of his homes. We do know that,” said Brad Edwards, a lawyer for Courtney Wild, one of the Epstein accusers who gave emotional testimony at Epstein’s bail hearing. “In due time the names are going to start coming out.” (Attorneys for Epstein did not respond to a request for comment.)
Likely within days, the U.S. Court of Appeals for the Second Circuit will release almost 2,000 pages of documents that could reveal sexual abuse by “numerous prominent American politicians, powerful business executives, foreign presidents, a well-known prime minister, and other world leaders,” according to the three-judge panel's ruling. The documents were filed during a civil defamation lawsuit brought by Epstein accuser Virginia Roberts Giuffre, a former Mar-a-Lago locker-room attendant, against Epstein’s former girlfriend and alleged madam, Ghislaine Maxwell. “Nobody who was around Epstein a lot is going to have an easy time now. It’s all going to come out,” said Giuffre’s lawyer David Boies. Another person involved with litigation against Epstein told me: “It’s going to be staggering, the amount of names. It’s going to be contagion numbers.”
Epstein remained a fixture in elite circles even after he was a registered sex offender. A few years ago, for example, he was a guest at a dinner in Palo Alto hosted by LinkedIn cofounder Reid Hoffman for the MIT neuroscientist Ed Boyden. At the dinner, Elon Musk introduced Epstein to Mark Zuckerberg. (“Mark met Epstein in passing one time at a dinner honoring scientists that was not organized by Epstein,” Zuckerberg spokesman Ben LaBolt told me. “Mark did not communicate with Epstein again following the dinner.”)
In an email, Elon Musk responded: “I don’t recall introducing Epstein to anyone, as I don’t know the guy well enough to do so, Epstein is obviously a creep and Zuckerberg is not a friend of mine. Several years ago, I was at his house in Manhattan for about 30 minutes in the middle of the afternoon with Talulah [Riley], as she was curious about meeting this strange person for a novel she was writing. We did not see anything inappropriate at all, apart from weird art. He tried repeatedly to get me to visit his island. I declined.” A Musk spokesperson also emailed: “Elon never introduced Jeffrey Epstein to Mark Zuckerberg and does not know either person well enough to do so. They simply happened to be guests at a neuroscience dinner organized by Reid Hoffman.”

Accused sex trafficker Jeffrey Epstein denied bail

 Accused sex trafficker Jeffrey Epstein denied bail



Accused sex trafficker Jeffrey Epstein denied bail

Jeffrey Epstein, 66, pleaded not guilty to charges of sexually exploiting and abusing dozens of minor girls. He faces up to 45 years in prison if convicted.

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