SHANGHAI GOLD (USD) FUTURES – QUOTE

SHANGHAI GOLD (USD) FUTURES – QUOTES

SHANGHAI PREMIUM/NY: $36.00

Beginning Monday, April 1, 2024, CME Group settlement data will no longer be accessible through ftp.cmegroup.com and will have a delayed publication time of 12:00 a.m. CT on all cmegroup.com web pages. Learn about alternate ways to access the data in our FAQ.

AUTO-REFRESH IS OFF

Last Updated 29 Jan 2024 02:22:05 PM CT.

Market data is delayed by at least 10 minutes.

MONTH	LAST	CHANGE	PRIOR SETTLE	OPEN	HIGH	LOW	VOLUME	UPDATED
JAN 2024 SGUF4	–	–	2060.4	–	–	–	0	03:32:27 CT 29 Jan 2024
FEB 2024 SGUG4	–	–	2070.9	–	–	–	0	12:30:18 CT 29 Jan 2024
MAR 2024 SGUH4	–	–	2081.4	–	–	–	0	12:30:18 CT 29 Jan 2024
APR 2024 SGUJ4	2095.0	+13.7 (+0.66%)	2081.3	2085.2	2095.0	2084.7	58	12:30:18 CT 29 Jan 2024
JUN 2024 SGUM4	–	–	2081.9	–	–	–	0	12:30:18 CT 29 Jan 2024
AUG 2024 SGUQ4	–	–	2082.5	–	–	–	0	12:30:18 CT 29 Jan 2024
OCT 2024 SGUV4	–	–	2083.1	–	–	–	0	12:30:18 CT 29 Jan 2024
DEC 2024 SGUZ4	–	–	2083.7	–	–	–	0	12:30:18 CT 29 Jan 2024

About this Report

Due to the huge rise in the dollar, we must look at gold and silver in currencies other than the dollar to understand where we are heading

I will now provide gold in Canadian dollars, British pounds and Euros

4: 15 PM ACCESS

*CANADIAN GOLD: $2,724.20 UP 10.10 CDN dollars per oz( * NEW ALL TIME HIGH 2,795.90 CDN DOLLARS PER OZ//DEC 1 272023)

*BRITISH GOLD: 1598,40 UP 9.65 pounds per oz// *(NEW ALL TIME HIGH//CLOSING///1655.17 BRITISH POUNDS/OZ) OCT 2/2023

*EURO GOLD: 1875,56 UP 16.40 euros per oz //* (ALL TIME CLOSING HIGH: 1903.75 EUROS PER OZ//DEC 1.2023)

DONATE

Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation

EXCHANGE: COMEX

EXCHANGE: COMEX
CONTRACT: JANUARY 2024 COMEX 100 GOLD FUTURES
SETTLEMENT: 2,016.800000000 USD
INTENT DATE: 01/26/2024 DELIVERY DATE: 01/30/2024
FIRM ORG FIRM NAME ISSUED STOPPED

190 H BMO CAPITAL 5
363 H WELLS FARGO SEC 11
435 H SCOTIA CAPITAL 5
624 H BOFA SECURITIES 4
661 C JP MORGAN 1
737 C ADVANTAGE 11 17

TOTAL: 27 27
MONTH TO DATE: 6,790

MONTH TO DATE: 6,763

JPMorgan stopped 1/27 contracts.

FOR JAN.:

GOLD: NUMBER OF NOTICES FILED FOR JAN/2024. CONTRACT: 27 NOTICES FOR 2700 OZ or 0.0839 TONNES

total notices so far: 6790 contracts for 679,000 Oz (21.119 tonnes)

FOR JANUARY:

SILVER NOTICES 112 NOTICE(S) FILED FOR 2560,000 OZ/

total number of notices filed so far this month : 1267 for 6,535,000 oz

XXXXXXXXXXXXXXXXXX

Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation

END

BOTH GLD AND SLV ARE FRAUDULENT VEHICLES

GLD

WITH GOLD UP $8.70

INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD/ : HUGE CHANGES IN GOLD INVENTORY AT THE GLD//A WITHDRAWAL OF 2.88 TONNES OF GOLD FROM THE GLD

INVENTORY RESTS AT 856,05 TONNES

SLV//

WITH NO SILVER AROUND AND SILVER UP 37 CENTS AT THE SLV//

MEGA CHANGES IN SILVER INVENTORY AT THE SLV AGAIN: A WITHDRAWAL OF 2.105 MILLION OZ OF SILVER FROM THE SLV//

INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.

CLOSING INVENTORY: 444,575 MILLION OZ

Let us have a look at the data for today

SILVER//OUTLINE

SILVER COMEX OI ROSE BY A SMALL SIZED 48 CONTRACTS TO 136,561 AND CLOSER TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS SMALL SIZED GAIN IN COMEX OI WAS ACCOMPLISHED DESPITE OUR LOSS OF $0.03 IN SILVER PRICING AT THE COMEX ON FRIDAY. WE HAD A ZERO LONG LIQUIDATION AT THE COMEX SESSION BUT A CONSIDERABLE SHORT COVERING. WE HAD A SMALL 193 T.A.S ISSUANCE AND THESE WILL BE USED FOR MANIPULATION LATER THIS MONTH/AS WELL AS TODAY.

CRAIG HEMKE HAS POINTED OUT THAT THE CROOKS USE THE MID MONTH FOR MANIPULATION AS THEY SELL THEIR BUY SIDE OF THE CALENDAR SPREAD FIRST AND THEN KEEP THE SELL SIDE TO LIQUIDATE AT A LATER DATE. THUS WE HAVE TWO VEHICLES THE CROOKS USE FOR MANIPULATION AND BOTH ARE SPREADERS: 1) AT MONTH’S END/SPREADERS COMEX AND 2/ TAS SPREADERS, MID MONTH. TOTAL TAS ISSUED ON FRIDAY NIGHT: 193 CONTRACTS. DESPITE MANY COMPLAINTS THAT THE CROOKS HAVE VIOLATED POSITION LIMITS DUE TO THE FACT THAT THE TAS ISSUED HAVE A VALUE OF ZERO (AS TO POSITION LIMITS FOR OUR CROOKED BANKERS). THE PROBLEM OF COURSE IS THAT THE CROOKS DO NOT LIQUIDATE THE TAS TOGETHER BUT SELL THE BUY SIDE FIRST AND THEN LIQUIDATE THE SELL SIDE TWO MONTHS HENCE. IT IS OBVIOUS MANIPULATION TO THE HIGHEST DEGREE BUT IT NATURALLY FELL ON DEAF EARS WITH OUR REGULATORS (OCC) WHEN THEY RECEIVED OUR COMPLAINTS. IT THUS LOOKS LIKE THE FED (GOV’T) IS BEHIND ALL OF THESE TRADES.

WE HAVE NOW SET ANOTHER RECORD LOW AT 114,102 CONTRACTS ///JULY 3.2023// OUR BANKERS WITH THE HELP OF SPECULATORS AND HIGH FREQUENCY TRADERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.03), BUT WERE UNSUCCESSFUL IN KNOCKING ANY SILVER LONGS AS WE HAD A STRONG SIZED GAIN OF 530 CONTRACTS GAIN ON OUR TWO EXCHANGES ACCOMPANYING CONSIDERABLE SHORT COVERING

WE MUST HAVE HAD:

A GOOD SIZED 482 ISSUANCE OF EXCHANGE FOR PHYSICALS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 6.650 MILLION OZ (FIRST DAY NOTICE) FOLLOWED BY TODAY’S 495,000 OZ QUEUE. JUMP NEW TOTALS 7.335 MILLION OZ//

//NEW STANDING FOR SILVER IS THUS 7.335 MILLION OZ

//SMALL SIZED COMEX OI GAIN/GOOD SIZED EFP ISSUANCE/ VI) SMALL SIZED NUMBER OF T.A.S. CONTRACT ISSUANCE 193 CONTRACTS)/

I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL -REMOVED 105 CONTRACTS //

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS JAN ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF JAN

TOTAL CONTRACTS for 19 days, total 14,569 contracts: OR 72.845 MILLION OZ (767 CONTRACTS PER DAY)

TOTAL EFP’S FOR THE MONTH SO FAR: 72.845 MILLION OZ

LAST 23 MONTHS TOTAL EFP CONTRACTS ISSUED IN MILLIONS OF OZ:

MAY 137.83 MILLION

JUNE 149.91 MILLION OZ

JULY 129.445 MILLION OZ

AUGUST: MILLION OZ 140.120

SEPT. 28.230 MILLION OZ//

OCT: 94.595 MILLION OZ

NOV: 131.925 MILLION OZ

DEC: 100.615 MILLION OZ

YEAR 2022:

JAN 2022-DEC 2022

JAN 2022// 90.460 MILLION OZ

FEB 2022: 72.39 MILLION OZ//

MARCH 2022: 207.140 MILLION OZ//A NEW RECORD FOR EFP ISSUANCE

APRIL: 114.52 MILLION OZ FINAL//LOW ISSUANCE

MAY: 105.635 MILLION OZ//

JUNE: 94.470 MILLION OZ

JULY : 87.110 MILLION OZ

AUGUST: 65.025 MILLION OZ

SEPT. 74.025 MILLION OZ///FINAL

OCT. 29.017 MILLION OZ FINAL

NOV: 134.290 MILLION OZ//FINAL

DEC, 61.395 MILLION OZ FINAL

TOTALS YR 2022: 1135.767 MILLION OZ (1.1356 BILLION OZ)

JAN 2023/// 53.070 MILLION OZ //FINAL

FEB: 2023: 100.105 MILLION OZ/FINAL//MUCH STRONGER ISSUANCE VS THE LATTER TWO MONTHS.

MARCH 2023: 112.58 MILLION OZ//FINAL//STRONG ISSUANCE

APRIL 118.035 MILLION OZ(SLIGHTLY GREATER THAN THAN LAST MONTH)

MAY 66.120 MILLION OZ/INITIAL (MUCH SMALLER THIS MONTH)

JUNE: 110.395 MILLION OZ//MUCH LARGER THAN LAST MONTH

JULY 85.745 MILLION OZ (SMALLER THAN LAST MONTH)

AUGUST: 171.43 MILLION OZ (THIS MONTH IS GOING TO BE HUGE //2ND HIGHEST ON RECORD

SEPT: 72.705 MILLION OZ (SMALLER THIS MONTH)

OCT: 97.455 MILLION OZ

NOV. 50.050 MILLION OZ

DEC. 66.140 MILLION OZ//

TOTAL 2023: 1,104.10 MILLION OZ/

JAN ’24 : 72.845 MILLION OZ//WILL BE A VERY STRONG MONTH FOR ISSUANCE

RESULT: 27 HAD A SMALL SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 48 CONTRACTS DESPITE OUR TINY LOSS IN PRICE OF SILVER PRICING AT THE COMEX//FRIDAY.,. THE CME NOTIFIED US THAT WE HAD A GOOD EFP ISSUANCE CONTRACTS: 482 ISSUED FOR FEB AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS. WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR JAN. OF 6.665 MILLION OZ FOLLOWED BY TODAY’S 495,000 OZ QUEUE JUMP //NEW TOTAL 6.335 MILLION OZ TO WHICH WE ADD EX. FOR RISK ISSUANCE/PRIOR FOR 1.0 MILLION OZ //NEW TOTALS; 7.335 MILLION OZ/

NEW STANDING 7.335 million OZ /// WE HAVE A STRONG GAIN OF 530 OI CONTRACTS ON THE TWO EXCHANGES DESPITE THE LOSS IN PRICE. THE TOTAL OF TAS INITIATED CONTRACTS TODAY: A SMALL SIZED 193 CONTRACTS//SOME FRONT END OF THE TAS CONTRACTS WERE LIQUIDATED DURING THE FRIDAY COMEX SESSION/// WITH CONSIDERABLE SHORT COVERINGS FROM OUR SPEC SHORTS . THE NEW TAS ISSUANCE FRIDAY NIGHT (193) WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED AT A LATER DATE//PROBABLY TODAY., .

WE HAD 112 NOTICE(S) FILED TODAY FOR 560,000 OZ

THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.

GOLD//OUTLINE

IN GOLD, THE COMEX OPEN INTEREST FELL BY A STRONG SIZED 8310 CONTRACTS TO 453,014 AND CLOSER TO THE RECORD (SET JAN 24/2020) AT 799,733 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.

THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: – REMOVED 318 CONTRACTS

WE HAD A STRONG SIZED DECREASE IN COMEX OI ( 8310 CONTRACTS) DESPITE OUR TINY $0.10 LOSS IN PRICE//FRIDAY. WE ALSO HAD A RATHER LARGE INITIAL STANDING IN GOLD TONNAGE FOR JAN. AT 8.214 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S HUGE 1500 OZ QUEUE JUMP//NEW STANDING: 21.119 TONNES // ALL OF THIS HAPPENED WITH OUR $0.10 LOSS IN PRICE WITH RESPECT TO FRIDAY’S TRADING. WE HAD A GOOD SIZED LOSS OF 4974 OI CONTRACTS (15.471) PAPER TONNES) ON OUR TWO EXCHANGES.

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A GOOD SIZED 3336 CONTRACTS:

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 453,014

IN ESSENCE WE HAVE A GOOD SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 4954 CONTRACTS WITH 8,310 CONTRACTS DECREASED AT THE COMEX// AND A GOOD SIZED 3336 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS ON THE TWO EXCHANGES OF 4974 CONTRACTS.. WE HAD THE FOLLOWING TAS CONTRACTS INITIATED (ISSUED): A SMALL SIZED 803 CONTRACTS.

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

WE HAD A GOOD SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (3336 CONTRACTS) ACCOMPANYING THE STRONG SIZED LOSS IN COMEX OI (8310) //TOTAL LOSS FOR OUR THE TWO EXCHANGES: 4974 CONTRACTS. WE HAVE ( 1) NOW RETURNED TO OUR FORMER FORMAT OF BANKERS GOING LONG AND SPECULATORS GOING SHORT ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR JAN AT 8.214 TONNES FOLLOWED BY TODAY’S 1500 OZ QUEUE JUMP//NEW STANDING 21.119 TONNES. / 3) SOME LONG LIQUIDATION AND CONSIDERABLE TAS LIQUIDATION WITH CONSIDERABLE SHORT COVERINGS.// 4) STRONG SIZED COMEX OPEN INTEREST LOSS/ 5) GOOD ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER///6: SMALL T.A.S. ISSUANCE: 803 CONTRACTS

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2023-2024 INCLUDING TODAY

JAN.

ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF JAN. :

TOTAL EFP CONTRACTS ISSUED: 83,375 CONTRACTS OR 8,337,500 OZ OR 259.33 TONNES IN 19 TRADING DAY(S) AND THUS AVERAGING: 4380 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 19 TRADING DAY(S) IN TONNES 259.33 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2022, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES

THUS EFP TRANSFERS REPRESENTS 259.33/3550 x 100% TONNES 7.29% OF GLOBAL ANNUAL PRODUCTION

ACCUMULATION OF GOLD EFP’S YEAR 2021 TO 2023

JANUARY/2021: 265.26 TONNES (RAPIDLY INCREASING AGAIN)

FEB : 171.24 TONNES ( DEFINITELY SLOWING DOWN AGAIN)..

MARCH:. 276.50 TONNES (STRONG AGAIN/

APRIL: 189..44 TONNES ( DRAMATICALLY SLOWING DOWN AGAIN//GOLD IN BACKWARDATION)

MAY: 250.15 TONNES (NOW DRAMATICALLY INCREASING AGAIN)

JUNE: 247.54 TONNES (FINAL)

JULY: 188.73 TONNES FINAL

AUGUST: 217.89 TONNES FINAL ISSUANCE.

SEPT 142.12 TONNES FINAL ISSUANCE ( LOW ISSUANCE)_

OCT: 141.13 TONNES FINAL ISSUANCE (LOW ISSUANCE)

NOV: 312.46 TONNES FINAL ISSUANCE//NEW RECORD!! (INCREASING DRAMATICALLY)//SIGN OF REAL STRESS//SURPASSING THE MARCH 2021 RECORD OF 276.50 TONNES OF EFP

DEC. 175.62 TONNES//FINAL ISSUANCE//

TOTALS: 2,578.08 TONNES/2021

JAN:2022 247.25 TONNES //FINAL

FEB: 196.04 TONNES//FINAL

MARCH/2022: 409.30 TONNES //FINAL( THIS IS NOW A RECORD EFP ISSUANCE FOR MARCH AND FOR ANY MONTH.

APRIL: 169.55 TONNES (FINAL VERY LOW ISSUANCE MONTH)

MAY: 247.44 TONNES FINAL//

JUNE: 238.13 TONNES FINAL

JULY: 378.43 TONNES FINAL

AUGUST: 180.81 TONNES FINAL

SEPT. 193.16 TONNES FINAL

OCT: 177.57 TONNES FINAL ( MUCH SMALLER THAN LAST MONTH)

NOV. 223.98 TONNES//FINAL ( MUCH LARGER THAN PREVIOUS MONTHS//comex running out of physical)

DEC: 185.59 tonnes // FINAL

TOTAL: 2,847,25 TONNES/2022

JAN 2023: 228.49 TONNES FINAL//HUGE AMOUNT OF EFP’S ISSUED THIS MONTH!!

FEB: 151.61 TONNES/FINAL

MARCH: 280.09 TONNES/INITIAL (ANOTHER STRONG MONTH FOR EFP ISSUANCE)

APRIL: 197.42 TONNES

MAY: 236.67 TONNES (A VERY STRONG ISSUANCE FOR THIS MONTH)

JUNE: 172.667 TONNES (WEAKER ISSUANCE THIS MONTH)

JULY: 151.69 TONNES (WEAKER THAN LAST MONTH)

AUGUST: 195.28 TONNES (A STRONGER MONTH)//FINAL

SEPT: 254.709 TONNES (WILL BE LARGER THAN LAST MONTH AND A STRONG MONTH)

OCT. 248.09 TONNES. LIKE SILVER, THIS MONTH IS GOING TO BE A STRONG E.F.P. ISSUANCE.

NOV. 239.16 TONNES//WILL BE STRONG THIS MONTH,

DEC. 213.704 TONNES. A STRONG MONTH//

TOTAL FOR YEAR 2023: 2,569.57 TONNES VS 2578 TONNES LAST YEAR

JAN ’24: 259.33 TONNES (WILL BE MUCH GREATER THAN LAST MONTH.)

SPREADING OPERATIONS

(/NOW SWITCHING TO GOLD) FOR NEWCOMERS, HERE ARE THE DETAILS

SPREADING LIQUIDATION HAS NOW COMMENCED AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF FEB. WE ARE NOW INTO THE SPREADING OPERATION OF GOLD

HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR ;MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF NOV HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF FEB., FOR GOLD: AND MARCH FOR SILVER

YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST STARTS TO RISE BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING ACTIVE DELIVERY MONTH (FEB), AND THAT IS WHEN THE CROOKS SELL THEIR SPREAD POSITIONS BUT NOT AT THE SAME TIME OF THE DAY. THEY WILL USE THE SELL SIDE OF THE EQUATION TO CREATE THE CASCADE (ALONG WITH THEIR COLLUSIVE FRIENDS) AND THEN COVER ON THE BUY SIDE OF THE SPREAD SITUATION AT THE END OF THE DAY. THEY DO THIS TO AVOID POSITION LIMIT DETECTION. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE.”

WHAT IS ALARMING TO ME, ACCORDING TO OUR LONDON EXPERT ANDREW MAGUIRE IS THAT THESE EFP’S ARE BEING TRANSFERRED TO WHAT ARE CALLED SERIAL FORWARD CONTRACT OBLIGATIONS AND THESE CONTRACTS ARE LESS THAN 14 DAYS. ANYTHING GREATER THAN 14 DAYS, THESE MUST BE RECORDED AND SENT TO THE COMPTROLLER, GREAT BRITAIN TO MONITOR RISK TO THE BANKING SYSTEM. IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFP’S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE.

The crooks also use the spread in the TAS account (trade at settlement). They buy the spot TAS (e.g. June) and sell the future TAS two months out (e.g. August). Then they unload the front month (i.e. unload the buy side first so the price of gold/silver falls. This occurs in the middle of the front delivery month cycle. They unload the sell side of the equation, two months down the road. The crooks violate position limits as the OCC refuse to hear our complaints.

First, here is an outline of what will be discussed tonight:

1.Today, we had the open interest at the comex, in SILVER ROSE BY A SMALL SIZED 48 CONTRACTS OI TO 136,351 AND CLOSER TO THE COMEX HIGH RECORD //244,710(SET FEB 25/2020). THE LAST RECORDS WERE SET IN AUG.2018 AT 244,196 WITH A SILVER PRICE OF $14.78/(AUGUST 22/2018)..THE PREVIOUS RECORD TO THAT WAS SET ON APRIL 9/2018 AT 243,411 OPEN INTEREST CONTRACTS WITH THE SILVER PRICE AT THAT DAY: $16.53). AND PREVIOUS TO THAT, THE RECORD WAS ESTABLISHED AT: 234,787 CONTRACTS, SET ON APRIL 21.2017 OVER 5 YEARS AGO. HOWEVER WE HAVE NOW SET A NEW RECORD LOW OF 114,102 CONTRACTS JULY 3.2023

EFP ISSUANCE 482 CONTRACTS

OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:

MARCH 482 and ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 482 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON. IF WE TAKE THE COMEX OI GAIN OF 48 CONTRACTS AND ADD TO THE 482 OI TRANSFERRED TO LONDON THROUGH EFP’S,

WE OBTAIN A STRONG SIZEDGAIN OF OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES OF 530 CONTRACTS

THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES TOTAL 2.65 MILLION OZ

OCCURRED DESPITE OUR $.03 LOSS IN PRICE …..

END

OUTLINE FOR TODAY’S COMMENTARY

1a/COMEX GOLD AND SILVER REPORT

(report Harvey)

b, ) Gold/silver trading overnight Europe,//GOLD COMMENTARIES

(Peter Schiff)

c) Commentaries from: Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com, Pam and Russ Martens

ii a) Chris Powell of GATA provides to us very important physical commentaries

b. Other gold/silver commentaries

c. Commodity commentaries//

d)/CRYPTOCURRENCIES/BITCOIN ETC

2.ASIAN AFFAIRS//

MONDAY MORNING/SUNDAY NIGHT

SHANGHAI CLOSED DOWN 26.87 PTS OR 0.92% //Hang Seng CLOSED UP 125.01 PTS OR 0.78% /The Nikkei CLOSED UP 275.87 OR 0.77% //Australia’s all ordinaries CLOSED UP 0.30% /Chinese yuan (ONSHORE) closed DOWN AT 7.1797 /OFFSHORE CHINESE YUAN CLOSED DOWN TO 7.1879 /Oil UP TO 78.13 dollars per barrel for WTI and BRENT DOWN AT 83.55/ Stocks in Europe OPENED MOSTLY RED// ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST US DOLLAR/OFFSHORE WEAKER

A)NORTH KOREA/SOUTH KOREA

outline

b) REPORT ON JAPAN/
OUTLINE

3 CHINA
OUTLINE

4/EUROPEAN AFFAIRS
OUTLINE

5. RUSSIAN AND MIDDLE EASTERN AFFAIRS
OUTLINE

6.Global Issues//COVID ISSUES/VACCINE ISSUES
OUTLINE

7. OIL ISSUES
OUTLINE

8 EMERGING MARKET ISSUES
9. USA

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

1. COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS

GOLD

LET US BEGIN:

THE TOTAL COMEX GOLD OPEN INTEREST FELL BY A STRONG SIZED 8310 CONTRACTS TO 453,014 DESPITE OUR TINY LOSS IN PRICE OF $0.10 WITH RESPECT TO FRIDAY TRADING. WE MUST HAVE HAD SOME LONG SPEC LIQUIDATIONS IN THE COMEX SESSION BUT ALSO SOME SPEC SHORT COVERINGS

EXCHANGE FOR PHYSICAL ISSUANCE

WE ARE NOW IN THE NON ACTIVE DELIVERY MONTH OF JAN..… THE CME REPORTS THAT THE BANKERS ISSUED A STRONG SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,

THAT IS 3336 EFP CONTRACTS WERE ISSUED: : FEB 3336 & ZERO FOR ALL OTHER MONTHS:

TOTAL EFP ISSUANCE: 3336 CONTRACTS

ON A NET BASIS IN OPEN INTEREST WE LOST THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A STRONG SIZED TOTAL OF 4974 CONTRACTS IN THAT 3336 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE HAD A STRONG SIZED LOSS OF 8310 COMEX CONTRACTS..AND THIS STRONG SIZED LOSS ON OUR TWO EXCHANGES HAPPENED DESPITE OUR TINY LOSS IN PRICE OF $0.10 FRIDAY COMEX. AS PER OUR NEWBIE TRADE AT SETTLEMENT (TAS) MANIPULATION OPERATION (WHICH CRAIG HEMKE HAS POINTED OUT HAPPENS DURING MID MONTH IN THE DELIVERY CYCLE), THE CME REPORTS THAT THE TOTAL T.A.S. ISSUANCE FOR FRIDAY NIGHT WAS A SMALL SIZED 803 CONTRACTS. THROUGHOUT THE PAST SEVERAL WEEKS, THE BANKERS SOLD OFF THE LONG SIDE OF THE SPREAD WHICH OF COURSE CONTINUES TO MANIPULATE THE PRICE OF GOLD SOUTHBOUND. (THEY KEEP THE SHORT SIDE OF THE CALENDAR/T.A.S. SPREAD WHICH WILL BE LIQUIDATED IN DAYS HENCE//.

// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING: JAN (21.119 TONNES) ( NON ACTIVE MONTH)

HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 24 MONTHS OF 2021-2023:

DEC 2021: 112.217 TONNES

NOV. 8.074 TONNES

OCT. 57.707 TONNES

SEPT: 11.9160 TONNES

AUGUST: 80.489 TONNES

JULY: 7.2814 TONNES

JUNE: 72.289 TONNES

MAY 5.77 TONNES

APRIL 95.331 TONNES

MARCH 30.205 TONNES

FEB ’21. 113.424 TONNES

JAN ’21: 6.500 TONNES.

TOTAL YEAR 2021 (JAN- DEC): 601.213 TONNES

YEAR 2022:

JANUARY 2022 17.79 TONNES

FEB 2022: 59.023 TONNES

MARCH: 36.678 TONNES

APRIL: 85.340 TONNES FINAL.

MAY: 20.11 TONNES FINAL

JUNE: 74.933 TONNES FINAL

JULY 29.987 TONNES FINAL

AUGUST:104.979 TONNES//FINAL

SEPT. 38.1158 TONNES

OCT: 77.390 TONNES/ FINAL

NOV 27.110 TONNES/FINAL

Dec. 64.000 tonnes

(TOTAL YEAR 656.076 TONNES)

2023:

JAN/2023: 20.559 tonnes

FEB 2023: 47.744 tonnes

MAR: 19.0637 TONNES

APRIL: 75.676 tonnes

MAY: 19.094 TONNES + 1.244 tonnes of exchange for risk = 20.338

JUNE: 64.354 TONNES

JULY: 10.2861 TONNES

AUGUST: 38.855 TONNES(INCLUDING .6842 EXCHANGE FOR RISK)

SEPT: 15.281 TONNES FINAL

OCT. 35.869 TONNES + 1.665 EXCHANGE FOR RISK =37.0355 tonnes

NOV: 18.7122 TONNES + 16.2505 EX. FOR RISK = 34.9627 TONNES

DEC. 47.073 + 4.634 TONNES OF EXCHANGE FOR RISK = 51.707TONNES

TOTAL 2023 YEAR : 436.546 TONNES

JAN ’24. 21.119 TONNES

THE SPECS/HFT WERE UNSUCCESSFUL IN LOWERING GOLD’S PRICE( IT LOST $0.10 //// BUT WERE SOMEWHAT SUCCESSFUL IN KNOCKING A FEW SPECULATOR LONGS AS WE HAD A STRONG SIZED LOSS OF 4974 TOTAL CONTRACTS ON OUR TWO EXCHANGES. WE HAD A FAIR T.A.S. LIQUIDATION ON THE FRONT END OF FRIDAY’S TRADING . THE T.A.S. ISSUED ON FRIDAY NIGHT, WILL BE “PUT INTO THE BANK” TO BE USED AT A LATER DATE AT THE COLLUSIVE CHOOSING OF OUR BANKERS. WE ALSO EXPERIENCED CONSIDERABLE SPECULATOR SHORT COVERING AT HIGHER PRICES.

WE HAVE LOST A TOTAL OI OF 15.47 PAPER TONNES FROM OUR TWO EXCHANGES, ACCOMPANYING OUR INITIAL GOLD TONNAGE STANDING FOR JAN. (8,214 TONNES) ON FIRST DAY NOTICE FOLLOWED BY TODAY’S 1500 OZ QUEUE JUMP (0.0466 TONNES): NEW TOTAL STANDING 21.119 TONNES/ ALL OF THIS WAS ACCOMPLISHED WITH OUR LOSS IN PRICE TO THE TUNE OF $0.10

WE HAD – REMOVED XX CONTRACT TO THE COMEX TRADES TO OPEN INTEREST (CROOKS)

NET LOSS ON THE TWO EXCHANGES 4974 CONTRACTS OR 497,400 OZ OR 15.47 TONNES.

Estimated gold volume today:// 308,525 strong

final gold volumes/yesterday 214,400 fair

//speculators have left the gold arena

JAN 29 INITIAL

/ /// THE JAN 2024 GOLD CONTRACT

Gold	Ounces
Withdrawals from Dealers* Inventory in oz*	nil
Withdrawals from Customer* Inventory in oz*	NIL OZ .
Deposit to the Dealer* Inventory in oz*	nil oz
Deposits to the Customer* Inventory, in oz*	NIL oz
No of oz served (contracts) today	27 notice(s) 2700 OZ 0.0839 TONNES
No of oz to be served (notices)	00 contracts 0 oz 0.0000 TONNES
Total monthly oz gold served (contracts) so far this month	6790 notices 679000 oz 21.119 TONNES
Total accumulative withdrawals of gold from the Dealers* inventory this month*	NIL oz
Total accumulative withdrawal of gold from the Customer* inventory this month*	x

0 dealer deposits:

total dealer deposits: nil oz

total customer withdrawals: 0

total withdrawals NIL oz

we had

0 customer deposits

total deposits NIL oz

Adjustments; 1 customer to dealer

a) ASAHI: 128,255.166 oz

CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR JAN.

For the front month of JANUARY we have an oi of 27 contracts having LOST 526 contracts. We had 541 notices served on FRIDAY, so we gained 15 contracts or an additional 1500 oz will stand for delivery at the comex .

FEB LOST 20,629 CONTRACTS FALLING TO 69,052. WE HAVE 2 MORE READING DAYS BEFORE FIRST DAY NOTICE. WE SHOULD HAVE A STRONG AMOUNT OF GOLD STANDING FOR DELIVERY FOR FEB.

March GAINED 91 contracts to stand at 967.

APRIL GAINED 10,838 CONTRACTS RISING TO 314,074.

We had 27 contracts filed for today representing 2700 oz

Today, 0 notice(s) were issued from J.P.Morgan dealer account and 0 notices were issued from their client or customer account. The total of all issuance by all participants equate to 27 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 1 notice(s) was (were) stopped ( received) by J.P.Morgan//customer account and 0 notice(s) received (stopped) by the squid (Goldman Sachs)

To calculate the INITIAL total number of gold ounces standing for the JAN. /2024. contract month, we take the total number of notices filed so far for the month (6790 x 100 oz ), to which we add the difference between the open interest for the front month of JAN. (27 CONTRACTS) minus the number of notices served upon today 27 x 100 oz per contract equals 679,000 OZ OR 21.119 TONNES

thus the INITIAL standings for gold for the JAN. contract month: No of notices filed so far (6790) x 100 oz + (27) {OI for the front month} minus the number of notices served upon today (27) x 100 oz) which equals 679,000 oz standing OR 21.119 TONNES

TOTAL COMEX GOLD STANDING FOR JAN: 21.119 TONNES WHICH IS GREAT FOR AN INACTIVE DELIVERY MONTH IN THE CALENDAR.

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

COMEX GOLD INVENTORIES/CLASSIFICATION

NEW PLEDGED GOLD:

241,794.285 oz NOW PLEDGED /HSBC 5.94 TONNES

204,937.290 PLEDGED MANFRA 3.08 TONNES

83,657.582 PLEDGED JPMorgan no 1 1.690 tonnes

265,999.054, oz JPM No 2

1,152,376.639 oz pledged Brinks/

Manfra: 33,758.550 oz

Delaware: 193.721 oz

International Delaware:: 11,188.542 oz

total pledged gold: 1,326,338.282 41.25 tonnes

TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED GOLD: 19,598,245.765 OZ

TOTAL REGISTERED GOLD 9,076,595.233 (282.32 tonnes).

TOTAL OF ALL ELIGIBLE GOLD: 10,521,650.532 OZ

REGISTERED GOLD THAT CAN BE SERVED UPON: 7,750,257 oz (REG GOLD- PLEDGED GOLD) 241.066 tonnes

END

SILVER/COMEX

JAN 29/INITIAL

//2024// THE JAN 2024 SILVER CONTRACT//INITIAL

Silver	Ounces
Withdrawals from Dealers* Inventory*	NIL oz
Withdrawals from Customer Inventory	21,513.60 oz CNT Delaware .
Deposits to the Dealer* Inventory*	nilOZ
Deposits to the Customer Inventory	nil oz
No of oz served today (contracts)	112 CONTRACT(S) (560,000 OZ)
No of oz to be served (notices)	0 contracts (NIL oz)
Total monthly oz silver served (contracts)	1267 Contracts (6,335,000 oz)
Total accumulative withdrawal of silver from the Dealers* inventory this month*	NIL oz
Total accumulative withdrawal of silver from the Customer* inventory this month*

i) 0 dealer deposit

total dealer deposit: nil oz

i) We had 0 dealer withdrawal

total dealer withdrawals: 0 oz

We had 0 deposits customer account:

total customer deposits nil oz

JPMorgan has a total silver weight: 131.341 million oz/276,195 million or 47.46%

adjustment: 0

Comex withdrawals: 2

i) Out of ASAHI 20,516.560oz

ii) Out of Delaware: 997.110 oz

total withdrawal: 21,513.660 oz

TOTAL REGISTERED SILVER: 41.579 MILLION OZ//.TOTAL REG + ELIGIBLE. 276.195 million oz

CALCULATIONS FOR THE NEW STANDING FOR SILVER FOR DECEMBER:

silver open interest data:

FRONT MONTH OF JAN. /2023 OI: 112 CONTRACTS HAVING GAINED 53 CONTRACT(S). WE HAD 46 NOTICES SERVED ON FRIDAY, SO WE GAINED 99 CONTRACTS OR AN ADDITIONAL 495,000 OZ WILL STAND FOR DELIVERY AT THE COMEX

FEB GAINED 53 CONTRACTS TO STAND AT 667. WE SHOULD HAVE A FAIRLY DECENT STANDING FOR THE FRONT MONTH OF FEB. FOR SILVER

MARCH LOST 1236 CONTRACTS TO 100,113

TOTAL NUMBER OF NOTICES FILED FOR TODAY: 112 for 560,000 oz

Comex volumes// est. volume today 59,948 good

Comex volume: confirmed yesterday 48,250 fair

To calculate the number of silver ounces that will stand for delivery in JAN. we take the total number of notices filed for the month so far at 1267 x 5,000 oz = 6,335,000 oz

to which we add the difference between the open interest for the front month of JAN. (112) and the number of notices served upon today 112 x (5000 oz) equals the number of ounces standing.

Thus the standings for silver for the JAN/2024 contract month: 1267 (notices served so far) x 5000 oz + OI for the front month of JAN. (112) – number of notices served upon today (112 )x 500 oz of silver standing for the JAN contract month equates to 6.335 MILLION OZ. to which we add our exchange for RISK of 1.0 million oz//new total 7.335 million oz/

New total standing: 7,335 million oz.

There are 41.579 million oz of registered silver.

The record level of silver open interest is 234,787 contracts set on April 21./2017 with the price on that day at $18.42. The previous record was 224,540 contracts with the price at that time of $20.44

END

GLD AND SLV INVENTORY LEVELS//

BOTH GLD AND SLV ARE MASSIVE FRAUDS!

JAN 29/WITH GOLD UP $8.70 TODAYHUGE CHANGES IN GOLD INVENTORY AT THE GLD:A WITHDRAWAL OF 2.88 TONNES OF GOLD FROM THE GLD// / //://INVENTORY RESTS AT 856.05 TONNES

JAN 26/WITH GOLD DOWN $0.10 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD: / //://INVENTORY RESTS AT 858.93 TONNES

JAN 25/WITH GOLD UP $2.50 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD: / //://INVENTORY RESTS AT 858.93 TONNES

JAN 24/WITH GOLD DOWN $9.75 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD: / //://INVENTORY RESTS AT 858.93 TONNES

JAN 23/WITH GOLD UP $3.95 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.02 TONNES OF GOLD FROM THE GLD/ //://INVENTORY RESTS AT 858.93 TONNES

JAN 22/WITH GOLD DOWN $6.00 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.15 TONNES OF GOLD FROM THE GLD/ //://INVENTORY RESTS AT 860.95 TONNES

JAN 19/WITH GOLD UP $8.15 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD //://INVENTORY RESTS AT 862.10 TONNES

JAN 18/WITH GOLD UP $14.85 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD A WITHDRAWAL OF 2.30 TONNES OF GOLD FROM THE GLD//://INVENTORY RESTS AT 862.10 TONNES

JAN 17/WITH GOLD DOWN $23.25 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD A DEPOSIT OF .549 TONNES OF GOLD INTO THE GLD.;//://INVENTORY RESTS AT 864.40 TONNES

JAN 12/WITH GOLD UP $31.65 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD; A MASSIVE WITHDRAWAL OF 4.61 TONNES OF GOLD FROM THE GLD//://INVENTORY RESTS AT 864.99 TONNES

JAN 11/WITH GOLD DOWN $7.40 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD; A MASSIVE WITHDRAWAL OF 4.61 TONNES OF GOLD FROM THE GLD//://INVENTORY RESTS AT 864.99 TONNES

JAN 10/WITH GOLD DOWN $4.80 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD://INVENTORY RESTS AT 869.60 TONNES

JAN 9/WITH GOLD UP $0.95 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD://INVENTORY RESTS AT 869.60 TONNES

JAN 8/WITH GOLD DOWN $16.85 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD:A WITHDRAWAL OF 4.61 TONNES FROM THE GLD. INVENTORY RESTS AT 869.60 TONNES

JAN 5/WITH GOLD UP $0.80 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD:///. // INVENTORY RESTS AT 874.21 TONNES

JAN 4/WITH GOLD UP $7.60 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD:///. // INVENTORY RESTS AT 874.21 TONNES

JAN 3/WITH GOLD DOWN $29.40 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 4.90 TONNES OF GOLD INTO THE GLD///. // INVENTORY RESTS AT 874.21 TONNES

JAN 2/WITH GOLD UP $1.50 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.44 TONNES OF GOLD INTO THE GLD///. // INVENTORY RESTS AT 879.11 TONNES

DEC 29/WITH GOLD DOWN $10.25 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.16 TONNES OF GOLD INTO THE GLD///. // INVENTORY RESTS AT 880.55 TONNES

DEC 28/WITH GOLD DOWN $8.35 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 1.45 TONNES OF GOLD INTO THE GLD///. // INVENTORY RESTS AT 881.71 TONNES

DEC 27/WITH GOLD UP $23.25 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 2.01 TONNES OF GOLD INTO THE GLD///. // INVENTORY RESTS AT 880.26 TONNES

DEC 26/WITH GOLD UP $1.25 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD:/. // INVENTORY RESTS AT 878.25 TONNES

DEC 22/WITH GOLD UP $17,85 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD:/. // INVENTORY RESTS AT 878.25 TONNES

DEC 21/WITH GOLD UP $5.10 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD:A DEPOSIT .58 TONNES OF 2.02 TONNES OF GOLD INTO THE GLD//. // INVENTORY RESTS AT 878.25 TONNES

DEC 20/WITH GOLD DOWN $3.60 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD:A WITHDRAWAL OF 2.02 TONNES OF GOLD FROM THE GLD//. // INVENTORY RESTS AT 877.67 TONNES

GLD INVENTORY: 856.05 TONNES

Now the SLV Inventory/( vehicle is a fraud as there is no physical metal behind them

JAN 29/WITH SILVER UP $.37 TODAY MEGA CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.105 MILLION OZ INTO THE SLV(FAIRY TALES) // /INVENTORY RESTS AT 444.575 MILLION OZ

JAN 26/WITH SILVER DOWN $0.03 TODAY MEGA CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.556 MILLION OZ INTO THE SLV(FAIRY TALES) // /INVENTORY RESTS AT 446.680 MILLION OZ

JAN 25/WITH SILVER UP $0.03 TODAY MEGA CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.831 MILLION OZ INTO THE SLV(FAIRY TALES) // /

INVENTORY RESTS AT 448.236 MILLION OZ

JAN 24/WITH SILVER UP $0.44 TODAY MEGA CHANGES IN SILVER INVENTORY AT THE SLV: ANOTHER DEPOSIT OF 1.375 MILLION OZ INTO THE SLV(FAIRY TALES) // //INVENTORY RESTS AT 450.067 MILLION OZ

JAN 23/WITH SILVER UP $0.21 TODAY MEGA CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 16.201 MILLION OZ INTO THE SLV(FAIRY TALES) // //INVENTORY RESTS AT 448.694 MILLION OZ

JAN 22/WITH SILVER DOWN $0.45 TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 458,000 OZ OUT OF THE SLV // //INVENTORY RESTS AT 432.493 MILLION OZ

JAN 19/WITH SILVER DOWN $0.11 TODAY HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 458,000 OZ OUT OF THE SLV // //INVENTORY RESTS AT 432.493 MILLION OZ

JAN 18/WITH SILVER UP $0.13 TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV: // //INVENTORY RESTS AT 432.951 MILLION OZ

JAN 17/WITH SILVER DOWN $0.38 TODAY HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 779,000 OZ FROM THE SLV.: // //INVENTORY RESTS AT 433.500 MILLION OZ

JAN 16/WITH SILVER DOWN $0.08 TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV: // //INVENTORY RESTS AT 433.500 MILLION OZ

JAN 12/WITH SILVER UP $0.62 TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV: // //INVENTORY RESTS AT 433.500 MILLION OZ

JAN 11/WITH SILVER DOWN 34 CENTS TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV: // //INVENTORY RESTS AT 433.912 MILLION OZ

JAN 10/WITH SILVER DOWN 3 CENTS TODAY SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 450,000 OZ FROM THE SLV// //INVENTORY RESTS AT 433.912 MILLION OZ

JAN 9/WITH SILVER DOWN 20 CENTS TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV //INVENTORY RESTS AT 434.370 MILLION OZ

JAN 8/WITH SILVER DOWN 8 CENTS TODAY HUGE CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 1,602,000 OZ INTO THE SLV//:././/////INVENTORY RESTS AT 434.370 MILLION OZ

JAN 5/WITH SILVER UP 20 CENTS TODAY HUGE CHANGES IN SILVER INVENTORY AT THE SLV A DEPOSIT OF 916,000 OZ INTO THE SLV//:././/////INVENTORY RESTS AT 435.972 MILLION OZ

JAN 4/WITH SILVER UP 5 CENTS TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV/:././/////INVENTORY RESTS AT 435.056 MILLION OZ

JAN 3/WITH SILVER DOWN 78 CENTS TODAY HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWALOF 2.294 MILLION OZ OZ FROM THE SLV././/////INVENTORY RESTS AT 435.056 MILLION OZ

JAN 2/WITH SILVER DOWN 9 CENTS TODAY HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWALOF 915,000 OZ FORM THE SLV././/////INVENTORY RESTS AT 437.35 MILLION OZ

DEC 29/WITH SILVER DOWN 29 CENTS TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV/: //////INVENTORY RESTS AT 438.265 MILLION OZ

DEC 28/WITH SILVER DOWN 25 CENTS TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV/: //////INVENTORY RESTS AT 438.265 MILLION OZ

DEC 27/WITH SILVER UP 20 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 1.374 MILLION OZ FROM THE SLV//////INVENTORY RESTS AT 438.265 MILLION OZ

THIS IS THE 3RD STRAIGHT DAY THAT THE SLV HAS ENGAGED IN WITHDRAWALS

DEC 26/WITH SILVER DOWN 14 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 1.465 MILLION OZ FROM THE SLV//////INVENTORY RESTS AT 439.639 MILLION OZ

DEC 22/WITH SILVER UP 0 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 2.289 MILLION OZ FROM THE SLV//////INVENTORY RESTS AT 441.104 MILLION OZ

DEC 21/WITH SILVER DOWN 2 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV/: NO CHANGES IN SILVER INVENTORY AT THE SLV//////INVENTORY RESTS AT 443.393 MILLION OZ

DEC 20/WITH SILVER UP 28 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV/: NO CHANGES IN SILVER INVENTORY AT THE SLV//////INVENTORY RESTS AT 443.393 MILLION OZ

CLOSING INVENTORY 444.575 MILLION OZ//

PHYSICAL GOLD/SILVER COMMENTARIES

1:Peter Schiff/Mike Maharrey

END

2) Commentaries from: Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com, Pam and Russ Martens

MATHEW PIEPENBURG

END

3. CHRIS POWELL//GATA GOLD COMMENTARIES:

China really has over 40,000 tonnes of gold in its country.

SCMP

China’s gold imports surge to record high as appetite increases, middle class guards wealth

Submitted by admin on Fri, 2024-01-26 09:04 Section: Daily Dispatches

By Mia Nulimaimaiti
South China Morning News, Hong Kong
Friday, January 26, 2024

China’s appetite for gold rose to record high levels last year, as investors sought to secure their assets and limit uncertainties caused by a weak yuan, an ongoing property slump and fears over a stock market rout.

Imports of gold for non-monetary use — products including gold jewellery — rose to 1,447 tonnes last year, breaking the previous record of 1,427 tonnes in 2018, according to the General Administration of Customs

The weight marked a sevenfold increase from 2020, while the US$90 billion value represented an almost ninefold increase from three years ago.

Domestic sales in China also hit 1,090 tonnes of gold last year, according to the China Gold Association, with gold jewellery consumption increasing by 7.97% on year and purchases of gold bars and coins increasing by 15.7%. …

… For the remainder of the report:

https://www.scmp.com/economy/economic-indicators/article/3249894/chinas-gold-imports-surge-record-high-appetite-increases-middle-class-seek-wealth-security

* * *

END

A must view…

(Live from the Vault/Andrew Maguire)

With 40,000 tonnes, China can trigger a weaponized gold revaluation at any time, Maguire says

Submitted by admin on Fri, 2024-01-26 22:23 Section: Daily Dispatches

10:23p ET Friday, January 26, 2024

Dear Friend of GATA and Gold:

China likely has 20 times the 2,200 tonnes in gold reserves it has officially reported, or 40,000 tonnes, London metals trader Andrew Maguire tells this week’s edition of Kinesis Money’s “Live from the Vault” program, making a weaponized gold price revaluation possible at any time.

Meanwhile, Maguire says, heavy demand by central banks is keeping the gold price above $2,000 despite the constant attempts to knock it down in trading on the New York Commodities Exchange.

The program is 41 minutes long and can be viewed at YouTube here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

end

4. OTHER GOLD/SILVER //COMMENTARIES//PODCASTS// live from the vault//Andrew Maguire

END

5 a. IMPORTANT COMMENTARIES ON COMMODITIES /

END

5 B GLOBAL COMMODITY ISSUES/FOOD IN GENERAL//FREIGHT

END

6.CRYPTOCURRENCY//DIGITAL CURRENCY// COMMENTARIES/

end

1.YOUR EARLY CURRENCY VALUES/GOLD AND SILVER PRICING/ASIAN AND EUROPEAN BOURSE MOVEMENTS/AND INTEREST RATE SETTINGS MONDAY MORNING.7:30 AM

ONSHORE YUAN: CLOSED DOWN 7.1789

OFFSHORE YUAN: UP TO 7.1899

SHANGHAI CLOSED DOWN 26.87 PTS OR 0.92%

HANG SENG CLOSED UP 125.01 PTS OR 0.78%

2. Nikkei closed UP 275.87 PTS OR 0.77%

3. Europe stocks SO FAR: MOSTLY RED

USA dollar INDEX UP TO 103.31 EURO FALLS TO 1.0833 DOWN 15 BASIS PTS

3b Japan 10 YR bond yield:FALLS TO. +.709 Japan buying 100% of bond issuance)/Japanese YEN vs USA cross now at 147.89/JAPANESE YEN NOW RISING AS WELL AS LONG TERM 10 YR. YIELDS RISING //EVENTUALLY THIS WILL BREAK THE JAPANESE CENTRAL BANK

3c Nikkei now ABOVE 17,000

3d USA/Yen rate now well ABOVE the important 120 barrier this morning

3e Gold UP /JAPANESE Yen UP CHINESE ONSHORE YUAN: DOWN// OFFSHORE: DOWN

3f Japan is to buy INFINITE TRILLION YEN worth of BONDS. Japan’s GDP equals 5 trillion USA

Japan to buy 100% of all new Japanese debt and NOW they will have OVER 50% of all Japanese debt.

3g Oil UP for WTI and UP FOR Brent this morning

3h European bond buying continues to push yields lower on all fronts in the EMU. German 10yr bund DOWN TO +2.2419***/Italian 10 Yr bond yield DOWN to 3.751** /SPAIN 10 YR BOND YIELD DOWN TO 3.138…**

3i Greek 10 year bond yield DOWN TO 3.248

3j Gold at $2028.55 silver at: 23.03 1 am est) SILVER NEXT RESISTANCE LEVEL AT $30.00

3k USA vs Russian rouble;// Russian rouble UP 0 AND 23 /100 roubles/dollar; ROUBLE AT 89.52//

3m oil into the 78 dollar handle for WTI and 83 handle for Brent/

3n Higher foreign deposits moving out of China// huge risk of outflows and a currency depreciation. This can spell financial disaster for the rest of the world/

JAPAN ON JAN 29.2016 CONTINUES NIRP. THIS MORNING RAISES AMOUNT OF BONDS THAT THEY WILL PURCHASE UP TO .5% ON THE 10 YR BOND///YEN TRADES TO 147,89// 10 YEAR YIELD AFTER FIRST BREAKING .54% LAST YEAR NOW EXCEEDS THAT LEVEL TO 0.702% STILL ON CENTRAL BANK (JAPAN) INTERVENTION

30 SNB (Swiss National Bank) still intervening again in the markets driving down the FRANC. It is not working: USA/SF this 0.8627 as the Swiss Franc is still rising against most currencies. Euro vs SF: 0.9345 well above the floor set by the Swiss Finance Minister. Thomas Jordan, chief of the Swiss National Bank continues to purchase euros trying to lower value of the Swiss Franc.

USA 10 YR BOND YIELD: 4.102 DOWN 6 BASIS PTS…

USA 30 YR BOND YIELD: 4.3442 DOWN 5 BASIS PTS/

USA 2 YR BOND YIELD: 4.334 DOWN 3 BASIS PTS

USA DOLLAR VS TURKISH LIRA: 30.35…(TURKEY SET TO BLOW UP FINANCIALLY)

GREAT BRITAIN/10 YEAR YIELD: DOWN 7 BASIS PTS AT 3.9485

end

2.a Overnight: Newsquawk and Zero hedge

Futures Flat As “Crazy Week” Begins

BY TYLER DURDEN

MONDAY, JAN 29, 2024 – 08:36 AM

Markets opened the “crazy busy” week unchanged as investors readied for central bank updates from both the Fed the the BOE, braced for the January jobs report and the Treasury refunding announcement, and prepared for a flood of earnings as a third of the S&P by market cap is set to report. As of 8:00am ET, S&P futures were flat after the S&P 500 closed out a third week of gains and finished Friday near its record high; Nasdaq futures rose 0.2% because well, they always rise. Oil touched the highest levels since November in intraday trading, before pulling back as the Biden admin promptly slammed down the move higher that directly jeopardizes Biden’s re-election changes. The US said Iranian-backed militants killed three service members and wounded others in a drone attack in Jordan, with President Joe Biden pledging to retaliate.

Here are some of the more notable premarket movers:

C4 Therapeutics gains 2.7% after JPMorgan upgrades the biotech to neutral on a more optimistic view of the company’s drug pipeline.
Revance Therapeutics drops 2.3% after Mizuho cuts its recommendation to neutral and says guidance for 2024 product sales seems too high.
SoFi Technologies rises 9% after the fintech reached profitability for the first time.
Vera Therapeutics drops 5.6% after offering $200 million shares
Warner Bros Discovery slips 1.4% as Wells Fargo cut its recommendation to equal-weight, saying “lower earnings have been the story since the merger, and the trend limits future multiple expansion.”
Zim Integrated Shipping Services (ZIM) gains 9.2% as Jefferies upgrades to buy, noting the shipping firm’s cash burn has shifted to “significant cash generation.”

Middle East developments add to an already crowded diary of major events for investors, with a Federal Reserve policy decision Wednesday, one from the Bank of England Thursday, US payroll numbers Friday, and the Treasury Refunding Statement out on Wednesday. There’s a blockbuster line-up of earnings too, with Apple, Microsoft, Alphabet, Amazon and Meta among those due to report, and commanding over $10 trillion in market cap among them.

“This week will be very important — earnings, central banks, geopolitical risk — these are three big factors that could move things,” said Andrea Tueni, head of sales trading at Saxo Banque France. “Even if volatility is still very low, you only need one of these three factors to catch fire and that could shake things up.”

On the broader, global outlook for equities, UBS Group AG strategists led by Andrew Garthwaite warned that markets are set to confront a “difficult phase,” where slowing growth will start to dent earnings estimates. Predictions by analysts that revenues will rise strongly despite these conditions throw up a “very unusual” mismatch, according to the UBS team. UBS now expects earnings to disappoint, because profit margins are under threat from rising wages and the delayed impact of higher interest rates. “The market is behaving as though weak economic data is good (more rate cuts, lower bond yields),” a team led by Garthwaite wrote. “At some point this relationship reverses.”

European stocks have struggled for direction, with the Stoxx 600 little changed on the day, holding near the highest level since January 2022, supported by rallying oil majors as heightened Middle East tensions drove up crude prices. BP Plc, Shell Plc and TotalEnergies SE all gained about 2%. Here are the most notable European movers:

Holcim shares soar as much as 6.7%, before paring the gain, after the building-materials provider said it intends to spin out its North America operations into a separate US entity
Buzzi gains as much as 4.4%, the most since September, with the Italian cement firm getting a price-target hike from Banca Akros as well as a boost from peer Holcim
European Energy stocks climb as much as 1.7%, to the highest since Jan. 9, boosted by a rise in oil prices amid continued attacks in the Middle East and the Red Sea
Galp shares rise as much as 2.5% after the energy company’s production came in ahead of expectations. However, analysts flagged its refining margins were weaker than hoped
SCA gains as much as 3.3% after the Swedish forestry and paper firm was double-upgraded to buy from sell at Danske Bank, which is optimistic on earnings
Bayer shares drop as much as 5.7%, the most intraday since Nov. 20, after the German conglomerate was ordered to pay more than $2.2 billion to a former user of Roundup weedkiller
Philips drops as much as 6.3% after the Dutch manufacturer said it’s suspending sales of sleep apnea devices and ventilators in the US after reaching an agreement with US regulators
Remy Cointreau falls as much as 4.6% as some analysts questioned whether a 15% rally that followed the cognac maker’s third-quarter results on Friday was fully justified
Eutelsat Communications shares slump as much as 17%, to a record low, after the French satellite operator said a delay to its infrastructure rollout will dampen its revenue and profit outlook
FinecoBank drops as much as 6% in Milan trading, the most intraday since August, after JPMorgan analysts placed the Italian lender on negative catalyst watch
Wacker Chemie shares drop as much as 2.9% after the German chemicals company reported preliminary results and said that a recovery in demand “is currently not in view”

In Asian trading, a gauge of the region’s stocks gained amid optimism over China’s latest measures to bolster its equity market. China’s securities regulator said at the weekend it will halt the lending of certain shares for short selling from Monday. Chinese property shares erased an earlier gain after a Hong Kong court ordered the liquidation of China Evergrande Group. Trading in the company’s shares was suspended after it tumbled 21%.

In FX, the Bloomberg Dollar Spot Index was little changed as traders focus turned to the Federal Reserve’s policy decision on Wednesday. The euro was down 0.3% versus the greenback and the second weakest of the G-10 currencies behind the Swedish krona; EUR/USD fell as much as 0.3% to 1.0824 and European government bonds rallied on growing speculation that the ECB could start cutting interest rates by April. Policymaker Francois Villeroy de Galhau at the weekend raised the prospect of easing at any of the ECB’s coming meetings. Governing Council member Peter Kazimir wrote in an opinion piece Monday that the ECB won’t rush into cuts, saying that June is more likely for a first move. NZD/USD rose as much as 0.5% to 0.6118, while AUD/USD rose as much as 0.4% to 0.6604, as commodity currencies led G-10 gains against the dollar; Oil climbed on Middle East tensions, China tightened securities lending to support the stock market.

In rates, Treasuries climbed with US 10-year yields falling 4bps to 4.10%. US yields richer by 2bp to 3.5bp across the curve with front-end lagging slightly, flattening 2s5s and 2s10s spreads by 1.2bp and 1.5bp on the day. Treasuries are richer and led by core European rates after weekend remarks from ECB’s Francois Villeroy de Galhau, who said the central bank could cut rates at any time this year. Backdrop of Middle-East warfare creates additional demand for haven assets. US 10-year yields around 4.105% with bunds and gilts outperforming 2bp and 1.5bp in the sector. Bunds were also helped by comments from ECB’s Mario Centeno calling for lower rates sooner rather than later. The rally in bunds sees German 10-year yields fall 6bp to 2.24%.

In commodities, oil prices were little changed after jumping in early Asian trading on escalating tensions in the Middle East. Spot gold rises 0.5%.

US economic data includes January Dallas Fed manufacturing activity at 10:30am; ahead this week are consumer confidence, ADP employment, employment cost index, MNI Chicago PMI, ISM manufacturing and January jobs report. Fed officials are in self-imposed quiet period ahead of Jan. 31 policy decision.

Market Snapshot

S&P 500 futures little changed at 4,916.50
STOXX Europe 600 little changed at 483.74
MXAP up 1.0% to 166.73
MXAPJ up 0.7% to 509.94
Nikkei up 0.8% to 36,026.94
Topix up 1.3% to 2,529.48
Hang Seng Index up 0.8% to 16,077.24
Shanghai Composite down 0.9% to 2,883.36
Sensex up 1.6% to 71,847.83
Australia S&P/ASX 200 up 0.3% to 7,578.45
Kospi up 0.9% to 2,500.65
Brent Futures down 0.1% to $83.44/bbl
Gold spot up 0.6% to $2,030.40
U.S. Dollar Index little changed at 103.53
German 10Y yield little changed at 2.25%
Euro down 0.2% to $1.0832
Brent Futures down 0.1% to $83.44/bbl

Top Overnight News

China will impose restrictions on certain shares being lent for short selling as the gov’t takes further steps to bolster its equity markets (analysts anticipate additional measures in the coming weeks and months). SCMP
Trump is planning a “major economic attack” on China if he wins in November and has talked about imposing tariffs of as much as 60% on all Chinese imports. WaPo
The Biden administration, eager to highlight a signature economic initiative as elections approach, is expected to award billions of dollars in subsidies to Intel, Taiwan Semiconductor Manufacturing Co., or TSMC, and other top semiconductor companies in coming weeks to help build new factories. The grants are part of the $53 billion Chips Act, intended to reshore production of advanced microchips and fend off China, which is fast developing its own chip industry. WSJ
China Evergrande received a liquidation order from a Hong Kong court on Monday, setting off an arduous process to sell off what had once been one of China’s largest property firms. BBG
Washington doesn’t believe Iran is trying to start a wider war in the region following the attack in Jordan (but the death of three soldiers will warrant a larger response from the Pentagon, and there is a debate about whether the US should hit targets inside Iran). NYT
A ceasefire agreement for Gaza is edging closer toward reality as a deal takes shape that would halt fighting for about two months and release Israeli hostages. NYT
Israel is struggling to destroy the Hamas tunnel network in Gaza (80% of the tunnel infrastructure remains intact). WSJ
Charles Evans and Lael Brainard, both former Fed officials, said that US inflation has met the central bank’s definition of “sustained progress” (which means rate cuts could/should be starting soon). WSJ
The U.S. Treasury Department is likely to announce one more round of increases in its auction sizes when it details its borrowing needs for the coming quarter next week, as it faces higher spending needs due in part to higher social security and interest rate costs. It is expected to pause increases for the rest of the year, however, which could give some relief to investors that have been concerned about increasing supply. Investors will also focus on whether the Treasury’s borrowing estimate comes in higher or lower than its last projection of $816 billion for the quarter. RTRS
EM Asia was by far the most net bought region on the Prime book last week and saw the largest net buying in over 5 years, driven by long buys and to a much lesser extent short covers (4.2 to 1). EM Asia now makes up 10.9% of the Overall Prime Book’s Global Net Exposure (vs. 9.9% last week), which is in the 40th percentile vs. both the past year and past five years.

A more detailed breakdown of markets courtesy of Newsquawk

APAC stocks began the week mostly on the front foot heading closer to month-end albeit with some of the gains capped by heightened geopolitical tensions in the Middle East and Chinese property sector concerns. ASX 200 finished marginally higher with the index led by the energy sector after the recent upside in oil prices. Nikkei 225 climbed above the 36,000 level with the help of Japanese automakers amid currency effects. Hang Seng and Shanghai Comp were initially lifted after China’s latest measures to stabilise stocks including the suspension of restricted shares lending, although gains were capped after a Hong Kong court ordered China Evergrande to be wound up which saw shares in the world’s most indebted developer drop by as much as 21% before trading in the Co. and its affiliates were halted.

Top Asian News

White House said US National Security Adviser Sullivan and Chinese Foreign Minister Wang Yi held candid, substantive and constructive discussions on global and regional issues including Ukraine, the Middle East, North Korea, South China Sea and Burma, while Sullivan stressed that although the countries are in competition, both sides need to prevent it from veering into conflict or confrontation. White House also stated US and Chinese officials committed to maintaining a strategic channel of communication and pursuing additional high-level diplomacy and consultations through a call between US President Biden and Chinese President Xi which the US expects to take place sometime in spring. It was also reported that Secretary of State Blinken may revisit Beijing this year, according to Reuters.
China’s Foreign Ministry said Chinese Foreign Minister Wang told US National Security Adviser Sullivan that the US and China should treat each other as equals rather than be condescending, while Wang stressed the Taiwan issue is China’s internal affair. China’s Foreign Ministry also stated that US and China’s presidents will maintain regular contact to provide strategic guidance for bilateral relations and will make good use of the current strategic communication channels and dialogue mechanisms.
The first joint meeting of the US-China working group on fentanyl precursor chemicals will be held on January 30th in Beijing with the US to pursue enforcement actions and impose controls of precursors, according to a senior US official.
China’s securities regulator announced it is to fully suspend restricted shares lending from this Monday, while the Shanghai and Shenzhen stock exchanges will suspend securities lending by strategic investors during lockup periods, according to Reuters.
Evergrande (3333 HK) received a winding-up order from a Hong Kong court after talks between the Co. and creditors broke down, while Evergrande, Evergrande New Energy Vehicle (708 HK) and Evergrande Property Services (6666 HK) shares were suspended.
Monetary Authority of Singapore maintained the width, centre and slope of the SGD NEER policy band, as expected, while it stated that current monetary policy settings remain appropriate. MAS said Singapore’s economy is expected to strengthen this year, barring any further global shocks, as well as noted that both upside and downside risks to the inflation outlook remain.

European bourses are on a mixed footing, having initially opened around the unchanged mark; the DAX 40 (-0.5%) underperforms, hampered by Bayer (-4.3%). European sectors hold a negative tilt, though with the overall breadth of the market narrow; Energy outperforms as crude prices remain propped up attributed to heightened geopolitical tensions. Autos underperforms, dragged down by losses in Volvo Cars (-3.8%). US equity futures (ES -0.1%, NQ +0.1%, RTY -0.1%) are on a mixed footing, though overall lacking any real direction as markets await this week’s key events including earnings from four out of the five “Magnificent 7”, Fed Policy Announcement, NFP & Quarterly Refunding highlight the week. Click here and here for the sessions European pre-market equity newsflow, including earnings from Ryanair, Philips, Wacker Chemie & more.

Top European News

UK Chancellor Hunt is reportedly considering providing workers with another tax cut through a further reduction of national insurance in the March budget as an attempt to take the heat off UK PM Sunak, according to The Guardian.
Brussels mulls support for solar panel makers as Chinese imports flood the market, according to FT.
French farmers vowed to blockade Paris and continue protests despite the concessions offered by PM Attal including the scrapping of a diesel tax increase, according to FT.
The UK is to ban disposable vapes as part of plans to combat the rising number of those 11-17 years old vaping. Once implemented, retailers will have six months to implement changes. Currently unclear when the ban/bill will be introduced, PM Sunak to provide more details on Monday.

DXY continues to edge higher making session highs at 103.66, though with fresh drivers lacking and contained in Friday’s range of 103.14-72.; the Dollar has largely traded on a 103 handle since 17th Jan.
EUR nudged lower in recent trade following dovish Centeno comments and towards the bottom end of Friday’s range of 1.0813-86; markets await EZ CPI and GDP metrics this week.
JPY a touch firmer vs. USD with the pair having oscillated around 148 in recent trading sessions. FOMC could become the next inflection point for the pair as markets consider Fed vs. BoJ policy paths.
Antipodeans are both firmer vs. the USD despite the flimsy risk tone. AUD/USD has failed to sustain a footing above the 0.66 mark with 0.6620 the best the pair could muster last week.
PBoC set USD/CNY mid-point at 7.1097 vs exp. 7.1785 (prev. 7.1074).

Fixed Income

USTs are firmer and hit a 111-13+ high on dovish Centeno comments, albeit well within last week’s 111-13 to 111-19+ range. Fed is the week’s highlight, WSJ’s Timiraos says officials likely to no longer signal rates more likely to rise than fall.
Bund price action has been dictated by ECB speak; ECB’s Knot remarks on wages capped initial upside, thereafter EGBs extended on a dovish Centeno. Subsequently, ECB’s Kazimir was a little less dovish which led to a marginal and short-lived moved to the downside.
Gilts are bid printing a 98.95 session high on ECB’s Centeno and in tandem with EGBs; focus on the BoE on Thursday with the docket thin before that.

Commodities

Crude benchmarks began modestly firmer with geopolitics in focus. Specifically, the US said three troops were killed by an Iran-linked drone attack near the Syrian border; currently Brent futures reside off bests and just shy of USD 83/bbl.
Spot gold is bid given the heightened geopolitical risk tone; XAU holds just above USD 2025/oz and well within last week’s bounds of USD 2025.2-2037.9 bounds.
Base metals are pressured as the Dollar picks up and coupled with Evergrande-related newsflow.
Energy Intel’s Bakr writes “…market has been underestimating the explosive situation we are in today. And with the US clearly blaming Iran for the killing of 3 Americans in Jordan it will get worse”
Russian Energy Minister said Russia’s 2024 oil output is seen broadly unchanged Y/Y, while the Russian Energy Ministry separately commented that there is no need for additional measures on the fuel market for now.
Head of Russia’s Gazprom Neft said there is a slight surplus in the global oil market and he sees no need for additional oil supply cuts by OPEC+ oil producers.

ECB Headlines

ECB’s Centeno says bank should begin cutting rates, sooner rather than later and avoid abrupt moves, according to Reuters; no need to wait for Q1 wage data to make a decision on rates. Inflation is falling in a sustained manner and almost all factors that drive prices higher have dissipated. No visible second-round effects via wages. No need to wait for Q1 wage data to make a decision on rates. Deviations below 2% inflation target are as punishable as deviations above. ECB also has to be a source of stimulus for EZ growth. Comments that sparked modest dovish price action.
ECB’s Kazimir says the next move will be a rate cut and it is within our reach; rate cut in Jun is more probable that April but exact timing is secondary to the decisions impact. Patience is essential before making pivotal decisions. ECB not behind the curve and it’s the market getting ahead of events. Signs of disinflation are positive but we don’t yet have enough information to make confident conclusion. Comments which began a slight pullback in EGBs.
ECB’s de Guindos says they will cut rates when they are sure inflation is attaining the 2% goal. Seen good news on inflation recently, sooner/later monetary policy will reflect this. Optimistic on inflation, incl. core.
ECB’s Knot said Eurozone wage growth needs to slow before rates can be decreased, while he stated that they have a credible prospect that inflation will return to 2% in 2025 but added conviction is missing that wage growth will adapt to the lower inflation, according to Reuters citing an interview with Dutch TV program Buitenhof.
ECB’s Villeroy said the ECB could cut interest rates at any moment this year and all options are open at upcoming meetings, while he added the central bank is on the right path to defeating inflation as the rise in the deposit rate to a record 4% has already played a very significant part in moderating underlying inflation, according to Bloomberg.

Geopolitics: Middle East

US President Biden and other top US officials discussed on Sunday a “significant military response” against pro-Iranian militias over the weekend attack which killed three US soldiers, according to Axios
Three US troops were killed and dozens were injured from an aerial drone attack on US forces in northeastern Jordan near the Syrian border which US President Biden said was carried out by radical Iran-backed militant groups operating in Syria and Iraq. It was later reported that President Biden said the US will respond to the attack, according to Reuters.
US Senate Minority Leader McConnell and other Republican senators advocate for significant costs to Iran and call for military retaliation against Iran’s forces, both inside the country and across the Middle East.
Iran denied any link to the deadly attack on US troops in Jordan and blamed Washington for igniting tensions in the region.
Negotiators were reportedly closing in on a hostage deal that would stop fighting in Gaza for weeks, according to NYT. However, it was separately reported that Israeli PM Netanyahu’s office said the summit to negotiate a hostage deal was constructive but gaps remain and they will continue to negotiate a hostage deal this week, according to Reuters.
White House said there is no change to its Israel policy after NBC News reported the US was reviewing weapons transfers to Israel.
Several countries suspending funding for the United Nations Relief and Works Agency for Palestine Refugees are allegations that some staff were involved in the October 7th deadly Hamas attacks on Israel, according to BBC.
US military said it conducted a strike against a Houthi anti-ship missile aimed towards the Red Sea which was prepared to launch, according to Reuters.
US official said National Security Adviser Sullivan told Chinese Foreign Minister Wang Yi that Iran is supporting instability in the Red Sea and urged Beijing to use its influence to rein in Tehran, while the official added that China said they are raising Iran’s support for the Houthis with Iran. US also raised with China its deep concerns about the growing relationship between North Korea and Russia.
Iran said it successfully launched three satellites into space simultaneously with a rocket that previously had multiple failures.

Geopolitics: Other

US President Biden’s administration is reportedly working on a long-term strategy for supporting Ukraine although the plans do not anticipate significant gains by Ukraine against Russia in 2024, according to The Washington Post.
Armenian PM Pashinyan said they proposed a mutual arms control mechanism to Azerbaijan and the signing of a non-aggression pact, according to France 24.
US said the Venezuelan court decision upholding a ban on leading opposition presidential candidate Machado is deeply concerning and the US is currently reviewing its Venezuela sanctions policy based on this development, according to the State Department.
South Korean military said North Korea fired off multiple cruise missiles, while it was later reported that North Korean leader Kim guided a submarine launch cruise missile test on Sunday and inspected the construction of a nuclear submarine. Furthermore, Kim said nuclear weaponisation of the navy is key to building a state nuclear strategic force.
US & Philippines eye 2+2 talks in Manila for the first time in which US Secretary of State Blinken and Defence Secretary Austin will meet Philippine counterparts in March, according to Nikkei.
US wants cloud services providers such as Amazon (AMZN). and Microsoft (MSFT). to actively investigate and flag foreign clients developing AI apps on their platforms, something which could heighten a tech conflict between Washington and Beijing, according to Bloomberg.

US Event Calendar

10:30: Jan. Dallas Fed Manf. Activity, est. -11.8, prior -9.3

DB’s Jim Reid concludes the overnight wrap

On Friday night my wife posted on Facebook to her friends that she suspected that had she’d asked me for a divorce that day, then I would have been less upset than how she’d seen me that evening after the news that Liverpool manager Jurgen Klopp is going to leave at the end of the season. All I can say is that she’s a very astute person!

There will be plenty to take my mind off that devastating news this week in an action-packed slate of activity. The FOMC ending Wednesday and Payrolls on Friday are the most obvious landmarks, but we also have 24% of the S&P 500 (Microsoft, Apple, Alphabet, Amazon and Meta), and with $10.5tn of market cap, reporting in a 48-hour window from Tuesday night. If that’s not enough the US Treasury Quarterly Refunding Announcement (QRA) is out on Wednesday. The last two editions have coincided with first a huge sell-off in bonds and then a huge rally. The precursor is today’s Treasury’s borrowing estimate which is out at 3pm EST. Our rates strategists (link here) don’t see any major surprises this week but it’s clearly going to be heavily scrutinised. Other US highlights include the JOLTS data and consumer confidence tomorrow, the ADP report on Wednesday and the ISM manufacturing index (DB forecast 48.1 vs 47.4 in December) on Thursday.

In Europe, the latest CPI prints will start coming in on Wednesday a nd our European economists’ blog here outlines their expectations for the headline Eurozone index to come in at 2.81% YoY (2.9% in December) and core at 3.27% (3.4%). There will also be the Q4 GDP data across key Eurozone economies tomorrow as well as labour market indicators throughout the week. In the UK we have the BoE (DB preview here) and Riksbank meetings on Thursday.

Over in Asia, the BoJ ‘summary of opinions’ (tomorrow) from the January meeting will be interesting with our economist looking for an indication of how widespread an optimistic take on the outlook for wages and inflation is among the policy board as well as any hints of actual policy revision. In China, the highlight will be the official PMIs on Wednesday as well as the Caixin manufacturing PMI on Thursday.

Let’s go through some of the main highlights in more detail now. For the FOMC, our US economists in their preview note herebelieve that their prior tightening bias will be left behind and ensuring a meaningful overhaul of the post-meeting statement. They then expect Powell to echo comments from his colleagues that policy is in a good place, that a restrictive stance will have to be maintained for some time, but that officials do expect to cut rates this year. However, the timing and pace of those cuts will be data dependent and determined on a meeting-by-meeting basis. In this way, Powell would leave open the potential for a rate cut in March, but would not intend to add to those probabilities at this time. In addition, look for an update on their view on QT. It is too early for a decision to be made but clues may be given to their latest thoughts on the timing of any changes.

For payrolls DB expect headline (+200k vs. +216k last) and private (+175k vs. +164k last) payrolls to outperform consensus of 180k and 148k and their three-month averages of 165k and 145k, respectively. Last January was strong and there could be some seasonals to consider which is part of the reason for DB’s elevated forecast. As our economists also note, the BLS will release its revised seasonal factors for the establishment survey on Friday, which may change the complexion of data trends. DB expect unemployment to rise a tenth to 3.8% but every January brings an update to population controls so we could have a different numerator and denominator to December. Overall last month’s report was a bit of a mess so it’ll be interesting if we see a clearer picture this time.

Over the weekend, the ECB speakers have shown a little bit of a split between the doves and the hawks. On the former side Villeroy de Galway said in a media interview, when talking about rate cuts that “…regarding the exact date, not one is excluded, and everything will be open at our next meeting.” On the latter, Knot suggested that the ECB needed to see certainty that wage growth “will adapt to slower inflation” before cutting rates.

Asian equity markets are mostly advancing at the start of the week initially led by a rally in Chinese equities after China’s securities regulator rolled out measures over the weekend to support the market as well as the property sector. However as I type Chinese equities are turning over a bit after the lunch break.

Across the region, the KOSPI (+1.31%) is leading gains along with the Nikkei (+0.80%). The Hang Seng (+0.55%) is still up but was at +1.8% near the open. The Shanghai Composite was up half a percent earlier after the China Securities Regulatory Commission (CSRC) suspended restricted share lending effective from today to further damage short selling, but is now down -0.75% with a couple of hours left in trading. US futures are broadly flat with 10yr US yields ticking down a basis point at the moment.

In stock specific news, trading of China’s Evergrande Group shares were halted after plunging ~20.0% in volatile trading as Hong Kong’s high court ordered the liquidation of the firm after an 18-month long hearing as the debt-laden developer failed to convince the court that it had a viable restructuring plan.

In energy markets, oil prices have moved higher again this morning with Brent futures up +0.61%, trading at $84.06/bbl, as supply concerns persisted after attacks by Iranian-backed militants indicated tensions are ramping up. Brent was up nearly 6.5% last week as you’ll see below.

Recapping last week now, the equity market rally showed some signs of running out of steam on Friday with the S&P 500 narrowly down (-0.07%) after reaching all-time highs for five consecutive sessions. But the index still gained +1.06% over the week and has now advanced 12 of the last 13 weeks as evidence for a soft-landing mounts. The latter was supported by Friday’s robust US personal spending data, which rose by +0.7% in December (vs +0.4% expected and +0.2% prev). This built on the earlier US GDP data for Q4 that posted above every economist’s estimate on Bloomberg. At the same time, Friday’s inflation data confirmed a more sanguine end to 2023. December core PCE rose 0.2% month-on-month as expected, but with the 2.9% year-on-year print coming slightly below expectations (at 3.0%). The NASDAQ underperformed, falling -0.36% on Friday, following poor earnings results from semiconductor firms Intel and KLA Corp. It was up +0.94% over the week.

The faster-than-expected personal spending saw investors pare back expectations of rate cuts this year. The amount of Fed cuts expected by the December meeting fell by -7.2bps on Friday to 134bps (though this was still 1bp higher than a week earlier), with a 50% probability of 25bp now priced for the March meeting. Off the back of this, 2yr Treasury yields jumped +5.5bps on Friday (but retreated -3.7bps in weekly terms) while 10yr yields rose +1.9bps (and +1.4bps over the week) to 4.14%. Over in credit markets, US IG spreads fell -3bps (+1bps on Friday) to again hit their tightest level in two years.

In Europe, the ECB meeting last Thursday led the markets to price prospects of earlier cuts. A 25bps cut is now 87% priced in by the April meeting, from 67% the week before (though slightly reversing on Friday, having been 93% priced in by Thursday’s close). 10yr bund yields were down -4.2bps last week (+0.9bps Friday). On the equity side, Europe even outperformed the US rally, with the STOXX 600 up +3.11% in its strongest week since early November (+1.11% on Friday).

Turning to commodities, oil saw its strongest week since October against the backdrop of the broader risk rally, lower US crude inventories, and additional shipping diversions in the Red Sea. On Friday, oil prices had been on course to reverse some of their earlier rise after OPEC+ announced it was not intending to make any changes to oil output policy at this week’s meeting, but then spiked by around $2/bbl on news that a tanker caught on fire near Yemen after a Houthi missile attack. Overall, Brent crude rose +6.35% over the week to $83.55/bbl (+1.36% on Friday) and WTI by +6.27% to $78.01/bbl (+0.84% Friday). In other energy news, on Friday the Biden administration froze approvals on new licenses to US firms exporting liquified natural gas. This should not impact existing exports, but could drag on the long-term growth of the LNG market.

2 B) NOW NEWSQUAWK (EUROPE/REPORT)

Equities mixed, Bonds bid on dovish ECB speak & Crude gains amid geopolitical tensions – Newsquawk US Market Open

MONDAY, JAN 29, 2024 – 06:07 AM

European bourses are trading on a mixed footing and lack clear direction; US equity futures follow suit ahead of a busy week of risk events
Dollar continues to firm, EUR a touch softer and Antipodeans bid despite a flimsy risk tone
Bonds are bid amid dovish ECB speak as attention turns to US Treasury Financing Estimates
Crude is modestly firmer as geopols remain in focus; US said three troops were killed by an Iran-linked drone attack near the Syrian border
Looking ahead, US Dallas Fed Manufacturing Business Index, Treasury Financing Estimates, Earnings from Western Digital

More Newsquawk in 3 steps:

1. Subscribe to the free premarket movers reports

2. Listen to this report in the market open podcast (available on Apple and Spotify)

3. Trial Newsquawk’s premium real-time audio news squawk box for 7 days

EUROPEAN TRADE

EQUITIES

European bourses are on a mixed footing, having initially opened around the unchanged mark; the DAX 40 (-0.5%) underperforms, hampered by Bayer (-4.3%).
European sectors hold a negative tilt, though with the overall breadth of the market narrow; Energy outperforms as crude prices remain propped up attributed to heightened geopolitical tensions. Autos underperforms, dragged down by losses in Volvo Cars (-3.8%).
US equity futures (ES -0.1%, NQ +0.1%, RTY -0.1%) are on a mixed footing, though overall lacking any real direction as markets await this week’s key events including earnings from four out of the five “Magnificent 7”, Fed Policy Announcement, NFP & Quarterly Refunding highlight the week.
Click here and here for the sessions European pre-market equity newsflow, including earnings from Ryanair, Philips, Wacker Chemie & more.
Click here for more details.

FX

DXY continues to edge higher making session highs at 103.66, though with fresh drivers lacking and contained in Friday’s range of 103.14-72.; the Dollar has largely traded on a 103 handle since 17th Jan.
EUR nudged lower in recent trade following dovish Centeno comments and towards the bottom end of Friday’s range of 1.0813-86; markets await EZ CPI and GDP metrics this week.
JPY a touch firmer vs. USD with the pair having oscillated around 148 in recent trading sessions. FOMC could become the next inflection point for the pair as markets consider Fed vs. BoJ policy paths.
Antipodeans are both firmer vs. the USD despite the flimsy risk tone. AUD/USD has failed to sustain a footing above the 0.66 mark with 0.6620 the best the pair could muster last week.
PBoC set USD/CNY mid-point at 7.1097 vs exp. 7.1785 (prev. 7.1074).
Click here for more details.
Click here for the Option Expires for the NY Cut.

FIXED INCOME

USTs are firmer and hit a 111-13+ high on dovish Centeno comments, albeit well within last week’s 111-13 to 111-19+ range. Fed is the week’s highlight, WSJ’s Timiraos says officials likely to no longer signal rates more likely to rise than fall.
Bund price action has been dictated by ECB speak; ECB’s Knot remarks on wages capped initial upside, thereafter EGBs extended on a dovish Centeno. Subsequently, ECB’s Kazimir was a little less dovish which led to a marginal and short-lived moved to the downside.
Gilts are bid printing a 98.95 session high on ECB’s Centeno and in tandem with EGBs; focus on the BoE on Thursday with the docket thin before that.
Click here for more details.

COMMODITIES

Crude benchmarks began modestly firmer with geopolitics in focus. Specifically, the US said three troops were killed by an Iran-linked drone attack near the Syrian border; currently Brent futures reside off bests and just shy of USD 83/bbl.
Spot gold is bid given the heightened geopolitical risk tone; XAU holds just above USD 2025/oz and well within last week’s bounds of USD 2025.2-2037.9 bounds.
Base metals are pressured as the Dollar picks up and coupled with Evergrande-related newsflow.
Energy Intel’s Bakr writes “…market has been underestimating the explosive situation we are in today. And with the US clearly blaming Iran for the killing of 3 Americans in Jordan it will get worse”
Russian Energy Minister said Russia’s 2024 oil output is seen broadly unchanged Y/Y, while the Russian Energy Ministry separately commented that there is no need for additional measures on the fuel market for now.
Head of Russia’s Gazprom Neft said there is a slight surplus in the global oil market and he sees no need for additional oil supply cuts by OPEC+ oil producers.
Click here for more details.

NOTABLE EUROPEAN HEADLINES

UK Chancellor Hunt is reportedly considering providing workers with another tax cut through a further reduction of national insurance in the March budget as an attempt to take the heat off UK PM Sunak, according to The Guardian.
Brussels mulls support for solar panel makers as Chinese imports flood the market, according to FT.
French farmers vowed to blockade Paris and continue protests despite the concessions offered by PM Attal including the scrapping of a diesel tax increase, according to FT.
The UK is to ban disposable vapes as part of plans to combat the rising number of those 11-17 years old vaping. Once implemented, retailers will have six months to implement changes. Currently unclear when the ban/bill will be introduced, PM Sunak to provide more details on Monday.

DATA RECAP

Swedish GDP QQ Prelim (Q4) 0.1% vs. Exp. 0.3% (Prev. -0.3%); GDP YY Prelim (Q4) 0.0% (Prev. -1.4%)
Swedish Retail Sales YY (Dec) -2.2% (Prev. -1.7%); Retail Sales MM (Dec) -0.2% (Prev. -0.5%)

ECB SPEAK

ECB’s Centeno says bank should begin cutting rates, sooner rather than later and avoid abrupt moves, according to Reuters; no need to wait for Q1 wage data to make a decision on rates. Inflation is falling in a sustained manner and almost all factors that drive prices higher have dissipated. No visible second-round effects via wages. No need to wait for Q1 wage data to make a decision on rates. Deviations below 2% inflation target are as punishable as deviations above. ECB also has to be a source of stimulus for EZ growth. Comments that sparked modest dovish price action.
ECB’s Kazimir says the next move will be a rate cut and it is within our reach; rate cut in Jun is more probable that April but exact timing is secondary to the decisions impact. Patience is essential before making pivotal decisions. ECB not behind the curve and it’s the market getting ahead of events. Signs of disinflation are positive but we don’t yet have enough information to make confident conclusion. Comments which began a slight pullback in EGBs.
ECB’s de Guindos says they will cut rates when they are sure inflation is attaining the 2% goal. Seen good news on inflation recently, sooner/later monetary policy will reflect this. Optimistic on inflation, incl. core.
ECB’s Knot said Eurozone wage growth needs to slow before rates can be decreased, while he stated that they have a credible prospect that inflation will return to 2% in 2025 but added conviction is missing that wage growth will adapt to the lower inflation, according to Reuters citing an interview with Dutch TV program Buitenhof.
ECB’s Villeroy said the ECB could cut interest rates at any moment this year and all options are open at upcoming meetings, while he added the central bank is on the right path to defeating inflation as the rise in the deposit rate to a record 4% has already played a very significant part in moderating underlying inflation, according to Bloomberg.

NOTABLE US HEADLINES

US President Biden’s administration is expected to formally announce billions of dollars in chip subsidies to Intel (INTC), TSMC (2330 TT) and others in the coming weeks to help build new US factories, according to WSJ.
WSJ’s Timiraos wrote “Plummeting Inflation Raises New Risk for Fed: Rising Real Interest Rates” and that the Fed feels pressure to cut rates as falling inflation raises the real cost of borrowing, while he also noted the Fed won’t cut rates at this week’s meeting but officials are likely to take a symbolically important step by no longer signalling in their policy statement that rates are more likely to rise than fall.
Boeing (BA), Alaska Airlines (ALK) – Alaska Airlines completed inspections on its Boeing 737 MAX 9 aircraft, and resumed MAX 9 operations after an in-flight cabin blowout, with flights resuming on Friday. Ryanair exec said it might not see first Boeing Max 10 fly in 2024, could be seen in Q1 2025. Added that United Airlines (UAL) recent remarks on the Max 10 were unhelpful, and said that if UAL does not want to take the Max 10’s, then Ryanair will. Airbus (AIR FP) has approached leasing firms and airlines, exploring the possibility of repurchasing A321neo slots, to present an enticing offer to United Airlines, and challenging Boeing’s position, Bloomberg reports. United is considering options due to delays in Boeing’s 737 Max 10, and may potentially reconsider its order. Winning over United, one of the world’s largest airlines, would be a significant victory for Airbus, though complexities and uncertainties would exist in any switch.

EARNINGS

Philips (PHIA NA) – Q4 (EUR): Revenue 5.06bln (exp. 5.3bln). Proposes dividend remains at 0.85/shr. 2024 Guidance: FCF 0.8-1.0bln, only excludes the remaining cash-out related to the previously announced resolution of the economic class action within the US. Expects around 100bp of costs related to remediation activities and disgorgement payments for Respironics sales within the US. Elsewhere, Co. halts the sale of sleep apnea devices in USA after a FDA deal, via Bloomberg. Shares -6.4% in European trade.
Ryanair (RYA ID) – Q3 (EUR): Revenue 2.7bln (exp. 2.72bln), RevPAR +9%, average fare +13%, ancillary revenue +2%. Fuel bill 1.2bln, +320mln. Sees weaker than expected load factors/yields in late-Q3/early-Q4.Close-in Christmas/New Year loads & yields were softer than previously expected given the sudden, but welcome, removal of flights from online agents. Narrowing FY24 PAT guidance to 1.85-1.95bln (prev. guided 1.85-2.05bln). Run extra checks on recent Boeing (BA) 737 deliveries, and noted quality improvements with fewer delivery defects. CFO: Might not see the first Boeing Max 10 fly in 2024, but perhaps in Q1-2025. United’s (UAL) remarks on the Max 10 were unhelpful, if they won’t take the Max 10’s then Ryanair will. No issues with pilot staffing. CEO: Number of travel agents have approached for new deals. Look forward to the summer with some degree of optimism. 2026/2027 before Europe returns to pre-COVID short-haul capacity. Shares -2.6% in European trade.

GEOPOLITICS

MIDDLE EAST

US President Biden and other top US officials discussed on Sunday a “significant military response” against pro-Iranian militias over the weekend attack which killed three US soldiers, according to Axios
Three US troops were killed and dozens were injured from an aerial drone attack on US forces in northeastern Jordan near the Syrian border which US President Biden said was carried out by radical Iran-backed militant groups operating in Syria and Iraq. It was later reported that President Biden said the US will respond to the attack, according to Reuters.
US Senate Minority Leader McConnell and other Republican senators advocate for significant costs to Iran and call for military retaliation against Iran’s forces, both inside the country and across the Middle East.
Iran denied any link to the deadly attack on US troops in Jordan and blamed Washington for igniting tensions in the region.
Negotiators were reportedly closing in on a hostage deal that would stop fighting in Gaza for weeks, according to NYT. However, it was separately reported that Israeli PM Netanyahu’s office said the summit to negotiate a hostage deal was constructive but gaps remain and they will continue to negotiate a hostage deal this week, according to Reuters.
White House said there is no change to its Israel policy after NBC News reported the US was reviewing weapons transfers to Israel.
Several countries suspending funding for the United Nations Relief and Works Agency for Palestine Refugees are allegations that some staff were involved in the October 7th deadly Hamas attacks on Israel, according to BBC.
US military said it conducted a strike against a Houthi anti-ship missile aimed towards the Red Sea which was prepared to launch, according to Reuters.
US official said National Security Adviser Sullivan told Chinese Foreign Minister Wang Yi that Iran is supporting instability in the Red Sea and urged Beijing to use its influence to rein in Tehran, while the official added that China said they are raising Iran’s support for the Houthis with Iran. US also raised with China its deep concerns about the growing relationship between North Korea and Russia.
Iran said it successfully launched three satellites into space simultaneously with a rocket that previously had multiple failures.

OTHER

US President Biden’s administration is reportedly working on a long-term strategy for supporting Ukraine although the plans do not anticipate significant gains by Ukraine against Russia in 2024, according to The Washington Post.
Armenian PM Pashinyan said they proposed a mutual arms control mechanism to Azerbaijan and the signing of a non-aggression pact, according to France 24.
US said the Venezuelan court decision upholding a ban on leading opposition presidential candidate Machado is deeply concerning and the US is currently reviewing its Venezuela sanctions policy based on this development, according to the State Department.
South Korean military said North Korea fired off multiple cruise missiles, while it was later reported that North Korean leader Kim guided a submarine launch cruise missile test on Sunday and inspected the construction of a nuclear submarine. Furthermore, Kim said nuclear weaponisation of the navy is key to building a state nuclear strategic force.
US & Philippines eye 2+2 talks in Manila for the first time in which US Secretary of State Blinken and Defence Secretary Austin will meet Philippine counterparts in March, according to Nikkei.
US wants cloud services providers such as Amazon (AMZN). and Microsoft (MSFT). to actively investigate and flag foreign clients developing AI apps on their platforms, something which could heighten a tech conflict between Washington and Beijing, according to Bloomberg.

CRYPTO

Bitcoin back above the USD 42k level as sentiment in the Crypto space continues to improve.

APAC TRADE

APAC stocks began the week mostly on the front foot heading closer to month-end albeit with some of the gains capped by heightened geopolitical tensions in the Middle East and Chinese property sector concerns.
ASX 200 finished marginally higher with the index led by the energy sector after the recent upside in oil prices.
Nikkei 225 climbed above the 36,000 level with the help of Japanese automakers amid currency effects.
Hang Seng and Shanghai Comp were initially lifted after China’s latest measures to stabilise stocks including the suspension of restricted shares lending, although gains were capped after a Hong Kong court ordered China Evergrande to be wound up which saw shares in the world’s most indebted developer drop by as much as 21% before trading in the Co. and its affiliates were halted.

NOTABLE HEADLINES

White House said US National Security Adviser Sullivan and Chinese Foreign Minister Wang Yi held candid, substantive and constructive discussions on global and regional issues including Ukraine, the Middle East, North Korea, South China Sea and Burma, while Sullivan stressed that although the countries are in competition, both sides need to prevent it from veering into conflict or confrontation. White House also stated US and Chinese officials committed to maintaining a strategic channel of communication and pursuing additional high-level diplomacy and consultations through a call between US President Biden and Chinese President Xi which the US expects to take place sometime in spring. It was also reported that Secretary of State Blinken may revisit Beijing this year, according to Reuters.
China’s Foreign Ministry said Chinese Foreign Minister Wang told US National Security Adviser Sullivan that the US and China should treat each other as equals rather than be condescending, while Wang stressed the Taiwan issue is China’s internal affair. China’s Foreign Ministry also stated that US and China’s presidents will maintain regular contact to provide strategic guidance for bilateral relations and will make good use of the current strategic communication channels and dialogue mechanisms.
The first joint meeting of the US-China working group on fentanyl precursor chemicals will be held on January 30th in Beijing with the US to pursue enforcement actions and impose controls of precursors, according to a senior US official.
China’s securities regulator announced it is to fully suspend restricted shares lending from this Monday, while the Shanghai and Shenzhen stock exchanges will suspend securities lending by strategic investors during lockup periods, according to Reuters.
Evergrande (3333 HK) received a winding-up order from a Hong Kong court after talks between the Co. and creditors broke down, while Evergrande, Evergrande New Energy Vehicle (708 HK) and Evergrande Property Services (6666 HK) shares were suspended.
Monetary Authority of Singapore maintained the width, centre and slope of the SGD NEER policy band, as expected, while it stated that current monetary policy settings remain appropriate. MAS said Singapore’s economy is expected to strengthen this year, barring any further global shocks, as well as noted that both upside and downside risks to the inflation outlook remain.

DATA RECAP

Chinese Industrial Profits YY (Dec) 16.8% (Prev. 29.5%); Industrial Profits YTD YY (Dec) -2.3% (Prev. -4.4%)
New Zealand Trade Balance (Dec) -0.32B (Prev. -1.23B, Rev. -1.25B); Exports (Dec) 5.94B (Prev. 5.99B, Rev. 5.95B); Imports (Dec) 6.26B (Prev. 7.23B, Rev. 7.20B)

2C ASIA AFFAIRS

MONDAY MORNING/SUNDAY NIGHT

2 d./NORTH KOREA/ SOUTH KOREA/

NORTH KOREA/SOUTH KOREA

END

2e) JAPAN

JAPAN

END

3 CHINA

THIS should be interesting! Evergrande ordered to liquidate. These may precipitate a derivative “snowball” mess.

(zerohedge)

Chinese Property Giant Evergrande Ordered To Liquidate After Failing To Reach Deal With Creditors

MONDAY, JAN 29, 2024 – 10:00 AM

In a historic development for the bankruptcy-shy China, on Monday, a Hong Kong court ordered China Evergrande – once the country’s largest real estate company – to be liquidated, opening a new and unpredictable phase in the collapse of the world’s most indebted property developer. The liquidation order comes more than two years after the company’s official default, which triggered a cash crunch for Chinese developers that has crippled what was once the world’s largest asset class, and is still hobbling the world’s second-largest economy.

Hong Kong High Court Judge Linda Chan issued the order on Monday after the developer failed to come up with a last minute restructuring plan to satisfy international creditors despite lengthy negotiations.

“It would be a situation where the court says enough is enough,” Chan said. “I consider that it is appropriate for the court to make a winding-up order against the company, and I so order.

A previous deal between Evergrande and international investors fell apart in September after Chinese authorities failed to grant some regulatory approvals. Evergrande’s chair Hui Ka Yan was placed under “mandatory measures” days later on suspicion of “illegal crimes”, authorities said at the time. The winding-up lawsuit was filed in 2022 by offshore creditor Top Shine Global, which said Evergrande had failed to honor HK$863mn (US$110mn) worth of claims.

Today’s historic decision to liquidate a Chinese property giant will test the reach of Hong Kong courts in the Chinese mainland, where foreign claims are widely seen to hold little sway and the property slowdown has become one of Beijing’s biggest political challenges.While Evergrande is listed in Hong Kong, almost all of its assets and the vast majority of its more than $300bn in liabilities are in China. Authorities have so far prioritised the completion of unfinished projects by developers.

The judge appointed Edward Middleton and Tiffany Wong, from the restructuring firm Alvarez & Marsal, as Evergrande’s liquidators. Speaking outside the court, Wong said they would begin by meeting management to understand the affairs of the company and discuss next steps.

It wasn’t immediately clear if Evergrande’s forced liquidations will lead to a fresh crisis in China’s property market as true price clearing levels are discovered, often at a huge loss.

In her judgment, Chan said she had decided to order the winding up because Evergrande had “no restructuring proposal, let alone a viable proposal which has the support of the requisite majorities of the creditors”. According to the FT, her decision could trigger further lawsuits stemming from the billions of dollars of losses related to the company’s collapse.

Speaking after the hearing Fergus Saurin, a partner at law firm Kirkland and Ellis, which represents a key group of Evergrande creditors, said: “We are not surprised by the outcome. It’s a product of the company failing to engage with [us].

“There has been a history of last-minute engagement which has gone nowhere. And in the circumstances, the company only has itself to blame for being wound up.”

In theory, he ruling could pave the way for liquidators to attempt to seize control of some Evergrande assets in mainland China, since Hong Kong has a mutual recognition agreement on insolvency and restructuring that applies in some parts of China. However, in practice, that is very much impossible since it is unlikely Chinese mainland courts will accept the Hong Kong winding-up order. Asked about the issue, Saurin declined to comment.

Shortly after the court order, Chinese media reported that Evergrande’s chief executive Shawn Siu responded that the company would “do everything possible” to ensure the continued delivery of property development projects in China, adding that the operational structure of its onshore and offshore subsidiaries was “unaffected” as the court order was based in Hong Kong. Siu was also cited saying the court decision was “regrettable”.

The ruling was not only bad news for the company; creditors are also facing an uphill battle for recoveries. Brock Silvers, chief investment officer of Hong Kong private equity group Kaiyuan Capital, said: “Offshore creditors may lack good alternatives, but a wind-up order from the Hong Kong court today would be the beginning of a multiyear, very costly process ultimately unlikely to yield significant recoveries.”

The decision could have implications for other developers still locked in protracted restructuring negotiations with offshore creditors. Jiayuan, another Chinese developer, received a winding-up order from the same judge last year.

Homin Lee, an Asia macro strategist at Lombard Odier, said that order to liquidate Evergrande “is a milestone for the restructuring of China’s property sector, and how the authorities draw the line between offshore and onshore stakeholders will be a crucial issue to watch for investors.”

The pricing of bonds issued by China’s distressed or defaulted developers makes it clear that investors have been assuming the “worst possible outcome for these names” since the Evergrande crisis spread to the broader real estate sector in 2021.

We “assume conservatively that onshore stakeholders e.g. contractors will be shielded at the expense of offshore investors and the credibility of these keep-well arrangements in the foreseeable future” as that is the most expedient option. Once the Evergrande case sets a precedent, investors will at least have a slightly clearer roadmap for other distressed developers. “Investors will continue to sidestep privately-owned developers in favor of state-owned ones”

Before the trading halt and following the order, shares in Evergrande fell more than 20% to HK$0.16, while outstanding dollar bonds issued by the developer traded at deeply distressed levels, with one bond maturing in 2025 trading at less than two cents on the dollar.

Trading in the Hong Kong-listed shares of Evergrande and two of its subsidiaries was halted after the ruling; China Evergrande New Energy Vehicle and Evergrande Property Services will face lots of uncertainties as China Evergrande Group heads for liquidation, according to Raymond Cheng, head of China and Hong Kong research at CGS-CIMB Securities. The prospects of these two companies, with Evergrande as its major shareholder, are unclear, Cheng says. “Both the companies will have difficulties in maintaining their business, which will dampen investor confidence.”

According to Cheng, the liquidation process of China Evergrande will take at least one to two years; “It’s also hard to know whether the HK ruling results will be implemented in mainland China.”

4.EUROPEAN AFFAIRS//UK /SCANDINAVIAN AFFAIRS

end

END

5 RUSSIA//UKRAINE AND MIDDLE EASTERN AFFAIRS

ISRAEL/HAMAS/GAZA

Awful!! Some UNRA officials participated in the Oct 7 terror attack and now many countries pull their funding

(Jerusalem Post)

Palestinian Authority panics, official calls to reverse UNRWA funding cut

UNRWA workers were recently fired from their positions for participating in the October 7 Massacre, leading to several countries deciding to withdraw funding for UNRWA.

By YUVAL BARNEAJANUARY 27, 2024 12:31Updated: JANUARY 27, 2024 15:09

Palestinian Authority Civil Affairs Minister Hussein Al-Sheikh speaks to The Media Line in his office in Ramallah. (photo credit: THE MEDIA LINE) — Palestinian Authority Civil Affairs Minister Hussein Al-Sheikh speaks to The Media Line in his office in Ramallah.(photo credit: THE MEDIA LINE)

https://trinitymedia.ai/player/trinity-player.php?pageURL=https%3A%2F%2Fwww.jpost.com%2Fbreaking-news%2Farticle-783952&unitId=2900003088&userId=0984023a-6fcf-4b29-a5e6-1be85cfd6d0a&isLegacyBrowser=false&version=20240125_df673717828359f2aeb5276f8a2bc4925a102f24&useBunnyCDN=0&themeId=140

Palestinian Liberation Organization (PLO) Secretary-General Hussein al-Sheikh called for countries that announced they would withdraw funding for the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) to reverse their decision, in a post on X on Saturday.

Al-Sheikh called for the reversal citing great political and humanitarian risks should funds be withdrawn from the agency, which operates as the exclusive UN agency responsible for Palestinian refugees.

حسين الشيخ Hussein AlSheikh

@HusseinSheikhpl

We call on the countries that announced the cessation of their support for #UNRWA to immediately reverse their decision, which entails great political and humanitarian relief risks, as at this particular time and in light of the continuing aggression against the Palestinian people, we need the maximum support for this international organization and not stopping support and assistance to it.

Quote

حسين الشيخ Hussein AlSheikh

@HusseinSheikhpl

نطالب الدول التي أعلنت عن وقف دعمها للاونروا بالعودة فوراً عن قرارها الذي ينطوي على مخاطر كبيرة سياسية وإغاثية، حيث في هذا الوقت بالذات وفي ظل العدوان المتواصل على الشعب الفلسطيني نحن أحوج ما نكون إلى دعم هذه المنظمة الدولية وليس وقف الدعم والمساعدة عنها.

5:08 AM · Jan 27, 2024

“In light of the continuing aggression against the Palestinian people, we need the maximum support for this international organization and not stopping support and assistance to it,” he wrote in his post.

UNRWA workers were recently fired from their positions for participating in the October 7 Massacre, leading to several countries deciding to withdraw funding for UNRWA.

Both the United States and Italy decided to withdraw funds for UNRWA following the revelations.

UNRWA COMMISSIONER-GENERAL Philippe Lazzarini attends the opening day of the Global Refugee Forum, in Geneva (credit: JEAN-GUY PYTHON/REUTERS)

UNRWA funding blocked

In December the lower house of the Swiss Parliament voted to suspend funding for UNRWA, amounting to $23 million, although this seems to have been due to internal corruption in the agency which involved Swiss national, Pierre Krähenbühl, according to swissinfo.ch. Advertisement

Krähenbühl was UNRWA commissioner from 2014-19 and has been accused of claiming compensation when he was not present for work in a confidential report seen by the Swiss parliament, he denies these charges.

However, the decision to suspend funds did not pass the Swiss upper house which voted 23 to 21 against suspension.

Switzerland is the ninth-largest funder of UNRWA, while the United States provides nearly $350 million making up over one-quarter of the total funds for UNRWA.

END

ISRAEL GAZA/SATURDAY

Israel surrounds Khan Younis killing many Hamas terrorists

(Jerusalem Post)

Over 100 Hamas, PIJ terrorists killed by IDF commandos last week

The brigade raided terrorist hubs in the western portion of Khan Yunis, successfully killing numerous Hamas and PIJ fighters, destroying terror infrastructure, and locating many weapons.

By JERUSALEM POST STAFFJANUARY 27, 2024 13:39Updated: JANUARY 27, 2024 15:13

https://player.jpost.com/public/player.html?player=jpost&media=3658944&url=https://www.jpost.com/israel-hamas-war/article-783959IDF Commando Brigade troops operate in Khan Yunis, Gaza. January 27, 2024. (Credit: IDF Spokesperson’s Unit)

https://trinitymedia.ai/player/trinity-player.php?pageURL=https%3A%2F%2Fwww.jpost.com%2Fisrael-hamas-war%2Farticle-783959&unitId=2900003088&userId=0984023a-6fcf-4b29-a5e6-1be85cfd6d0a&isLegacyBrowser=false&version=20240125_df673717828359f2aeb5276f8a2bc4925a102f24&useBunnyCDN=0&themeId=140

The IDF Commando Brigade has, alone, killed over 100 Hamas and Palestinian Islamic Jihad terrorists in Khan Yunis over the course of the last week, the IDF announced on Saturday.

The brigade’s combat teams raided terrorist hubs in the western portion of the south Gaza City, the IDF said, successfully killing numerous Hamas and PIJ fighters, destroying terror infrastructure, and locating many weapons.

Additionally, troops of the brigade’s Egoz unit target a munitions warehouse in the area and guns, ammunition, explosives, RPGs, photography equipment, and diving gear.

The unit also raided the house of one of the associates of Hamas leader Yahya Sinwar. Therein, the Egoz unit soldiers located weapons, the IDF added

IDF Commando Brigade troops operate in Khan Yunis, Gaza. January 27, 2024. (credit: IDF SPOKESPERSON'S UNIT) — IDF Commando Brigade troops operate in Khan Yunis, Gaza. January 27, 2024. (credit: IDF SPOKESPERSON’S UNIT)

IDF strikes RPG-armed terrorist squad

Also this past week, Egoz unit troops identified armed terrorists preparing to fire RPGs at Israeli forces. In response, the IDF soldiers opened fire on the fighters, forcing them to flee into a nearby structure.

https://player.jpost.com/public/player.html?player=jpost&media=3658945&url=www.jpost.comIDF aircraft eliminates RPG-armed terrorists in Khan Yunis. January 27, 2024. (Credit: IDF Spokesperson’s Unit)

In response, the Israeli troops directed aircraft to target the terrorist squad, eliminating it, the IDF said.

Secondary explosions coming from the targeted building indicated the presence of explosives inside the building, the IDF added.

END

ISRAEL GAZA/SUNDAY

Israel may be close to control of Khan Younis

(JerusalemPost)

IDF may be close to control of Khan Yunis as Hezbollah tensions continue

There is still no exact timeline, but IDF sources have registered a decrease in Hamas resistance.

By YONAH JEREMY BOB

https://player.jpost.com/public/player.html?player=jpost&media=3659323&url=https://www.jpost.com/IDF strike on Hamas terror infrastructure. January 28, 2024. (Credit: IDF Spokesperson’s Unit)

IDF sources have indicated that the military may be close to control of Khan Yunis.

There is still no exact timeline, but IDF sources have registered a drop in the degree of resistance of Hamas forces which had remained strong for most of the two months of fighting in southern Gaza.

The large push in western Khan Yunis, which began around a week ago and led to the killing of hundreds of Hamas terrorists, seems to have caused a leap forward in progress for the IDF.

In the north of the Gaza Strip, soldiers from the 5th Brigade located and destroyed a tunnel route used by the terrorists in the area.

Egoz fighters of the Commando Brigade identified a terrorist squad wielding RPGs and eliminated it.

In parallel, fighters of the Maglan special forces unit killed several terrorists and found weapons in the Khan Yunis area, according to the IDF.IDF troops on patrol in Gaza. January 28, 2024. (credit: IDF SPOKESPERSON’S UNIT)

Combatants of the Paratrooper Brigade also continued to strike terror targets in Khan Yunis, locating numerous weapons.

Subsequently, the air force, in cooperation with troops of the 7th Brigade, killed two terrorists in the surroundings of the city using a fighter jet, the IDF added.

IDF continues operations in the center of the Strip

In the center of the Strip, the Nahal Brigade directed a manned aircraft from a distance, killing a terrorist who was located near them.

Regarding the battle to eliminate Hamas tunnels, the Wall Street Journal reported that only 20-40% of all of Hamas’s tunnel network has been destroyed or neutralized.

On November 14, The Jerusalem Post reported based on IDF sources that while a large number of attacks on tunnel shafts were being cited by the IDF, only around 30% of Hamas’s tunnels in northern Gaza had been fully destroyed to date, requiring significantly more time and investment of resources.

IDF sources said at the time that, unlike the 2014 Gaza conflict when the IDF merely sought to neutralize portions of tunnels, this time, the IDF sought to destroy all aspects of Hamas’s tunnel network.

After the IDF neutralized portions of Hamas’s tunnel network in 2014, the terror group responded by simply digging around the cave-ins to reconnect the largely intact disparate tunnels at other spots.

On December 3, the Post reported that while the IDF had taken control of 80% or more of northern Gaza by mid-November, it still may only have destroyed 20% or less of northern tunnels to date, without even having done much against southern Gaza tunnels.

Being that more than two weeks had passed, and the IDF estimates of how much of Hamas’s tunnel had been destroyed had dropped 10%, it became clear that the IDF’s pre-war estimates about the extent of the terror group’s tunnels had dramatically underestimated the problem.

On December 21, the Post reported that IDF sources had said that it would take “years” to destroy the entire tunnel network.

In that light, The Wall Street Journal report, if true, would indicate that some moderate progress has been made against the tunnel network in the last month but that the estimate of a years-long project to fully eliminate them seems to be accurate.

In the North, the IDF said its aircraft and helicopters struck Hezbollah targets in Zevkin, Hula, Marwahin, Dhayra, and Ayta ash-Shab, including lookout posts and terror infrastructure.

In recent weeks, the IDF has started to attack a much larger number of Hezbollah forces in multiple villages simultaneously or in a single day.

Also, the IDF attacked a Hezbollah command center and other terror infrastructure in southern Lebanon.

Hezbollah also fired a salvo of rockets at the Margaliot and Zar’it areas, with the IDF saying the rockets landed harmlessly in open areas.

Further, the IDF stated that it had launched interceptor missiles at two “suspicious aerial targets” while being vague about whether the defensive missiles hit their targets.

All told, there were 14 rocket sirens on Sunday, most in the North but four in the South. It was the fourth consecutive day of rocket sirens in the South, but the numbers have remained in single digits with no damage.

The IDF announced that it had punished a group of reservists on Sunday for using IDF property to express political opinions, such as opposition to any slowing down of the war.

The IDF High Command is in favor of continuing the war but does not allow the use of military property to promote political views on either side of the spectrum.

Another IDF announcement said that the military’s logistics command had provided three million winter items for troops to better endure the current colder conditions.

Go to the full article >>

ISRAEL/GAZA/MONDAY

Seems that the Palestinians are finally seeing the light of day: they are now holding anti Hamas protests across the GAZA strip

(zerohedge)

Are Palestinians holding anti-Hamas protests across the Gaza Strip?

Viral videos have circulated lately on social media portraying what appears to be spontaneous demonstrations of Gazans in evacuation areas against the war, and possibly even against Hamas.

By OHAD MERLIN

An Israeli tank stands amid the rubble as Palestinians flee Khan Yunis on January 27, 2024 (photo credit: REUTERS/IBRAHEEM ABU MUSTAFA) — An Israeli tank stands amid the rubble as Palestinians flee Khan Yunis on January 27, 2024(photo credit: REUTERS/IBRAHEEM ABU MUSTAFA)

The current wave of videos started with a low-quality clip filmed at nighttime sometime last week, presumably from an area of evacuees in the southern part of the Gaza Strip, where crowds could be heard chanting “The people want the fall of Hamas!”

However, the low quality, bad visibility, and exceptionally rare message conveyed by the masses led some to discard it as “fabricated Zionist propaganda”.

Nevertheless, more and more similar videos began to appear, and these were far more difficult to refute. The next piece of footage published five days ago in Gazan groups, further propagated by IDF Spokesman in Arabic Avichai Adraee, showed a spontaneous demonstration of mainly children in one of the evacuee centers in the southern Gaza Strip, where demonstrators chanted “We want to go back to back Beit Lahya, we want to go back to Shati, we want to go back to Jabalia!,” all of which are neighborhoods located in the largely evacuated northern part of the Gaza Strip.

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-0&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1750095698790400127&lang=en&maxWidth=560px&origin=https%3A%2F%2Fwww.jpost.com%2Fisrael-hamas-war%2F2024-01-29%2Flive-updates-784125&sessionId=f7eadd0c14a93e059ccf90ac81b6f0895e3ea300&siteScreenName=Jerusalem_Post&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

One sign held during this spontaneous demonstration drew special attention, as it read “yes to handing over the prisoners,” clearly referring to the 136 Israeli hostages held by Hamas and other terrorist factions in the Gaza Strip. The sign stirred up a virtual storm, with many showing their disdain towards the message, and leading some to suggest that it referred in fact to the release of Palestinian prisoners from Israeli jails – ignoring the clear formulation of “handing over” prisoners, rather than “releasing” them. Several commenters tried to discard the message not as carrying any meaning, claiming that the event was led by children who can barely read and write; while others remarked that they should not be judged by outsiders who do not go through what they had to endure so far.

However, this was not the only video of a grassroots demonstration. A second video soon sprung up, portraying another spontaneous rally of evacuees marching with white flags and empty water jugs calling “We want peace, we want peace!” In a Palestinian group, one member answered a comment which asked, “Who exactly do they want to make peace with?” by replying that “these people suffer so much that they would make peace with Satan to stop their suffering”.

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-1&features=eyJ0ZndfdGltZWxpbmVfbGlzdCI6eyJidWNrZXQiOltdLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2ZvbGxvd2VyX2NvdW50X3N1bnNldCI6eyJidWNrZXQiOnRydWUsInZlcnNpb24iOm51bGx9LCJ0ZndfdHdlZXRfZWRpdF9iYWNrZW5kIjp7ImJ1Y2tldCI6Im9uIiwidmVyc2lvbiI6bnVsbH0sInRmd19yZWZzcmNfc2Vzc2lvbiI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9LCJ0ZndfZm9zbnJfc29mdF9pbnRlcnZlbnRpb25zX2VuYWJsZWQiOnsiYnVja2V0Ijoib24iLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X21peGVkX21lZGlhXzE1ODk3Ijp7ImJ1Y2tldCI6InRyZWF0bWVudCIsInZlcnNpb24iOm51bGx9LCJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3Nob3dfYmlyZHdhdGNoX3Bpdm90c19lbmFibGVkIjp7ImJ1Y2tldCI6Im9uIiwidmVyc2lvbiI6bnVsbH0sInRmd19kdXBsaWNhdGVfc2NyaWJlc190b19zZXR0aW5ncyI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9LCJ0ZndfdXNlX3Byb2ZpbGVfaW1hZ2Vfc2hhcGVfZW5hYmxlZCI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9LCJ0ZndfdmlkZW9faGxzX2R5bmFtaWNfbWFuaWZlc3RzXzE1MDgyIjp7ImJ1Y2tldCI6InRydWVfYml0cmF0ZSIsInZlcnNpb24iOm51bGx9LCJ0ZndfbGVnYWN5X3RpbWVsaW5lX3N1bnNldCI6eyJidWNrZXQiOnRydWUsInZlcnNpb24iOm51bGx9LCJ0ZndfdHdlZXRfZWRpdF9mcm9udGVuZCI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9fQ%3D%3D&frame=false&hideCard=false&hideThread=false&id=1750486606899818551&lang=en&maxWidth=560px&origin=https%3A%2F%2Fwww.jpost.com%2Fisrael-hamas-war%2F2024-01-29%2Flive-updates-784125&sessionId=f7eadd0c14a93e059ccf90ac81b6f0895e3ea300&siteScreenName=Jerusalem_Post&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

Then came a third video which was also promoted by Adraee showing a gathering of hundreds of citizens of Khan Younis on their way to the southern humanitarian area, presumably shouting here as well “The people want the fall of Hamas!”

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-2&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1751259570901594523&lang=en&maxWidth=560px&origin=https%3A%2F%2Fwww.jpost.com%2Fisrael-hamas-war%2F2024-01-29%2Flive-updates-784125&sessionId=f7eadd0c14a93e059ccf90ac81b6f0895e3ea300&siteScreenName=Jerusalem_Post&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

And then a fourth one appeared, showing Gazan citizens, including children and women, marching with white flags and calling “The people want a ceasefire”, as well as “O Netanyahu and Sinwar – enough with destruction and war!” Such direct appeals to Hamas leader in Gaza Yahya Sinwar, which may be perceived as overt criticism, as well as the subtle comparison between him and the prime minister, are rare and possibly even dangerous under the totalitarian Hamas regime.

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-3&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1750838849335423105&lang=en&maxWidth=560px&origin=https%3A%2F%2Fwww.jpost.com%2Fisrael-hamas-war%2F2024-01-29%2Flive-updates-784125&sessionId=f7eadd0c14a93e059ccf90ac81b6f0895e3ea300&siteScreenName=Jerusalem_Post&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

Indeed, Demonstrations such as these a rare sight – with messages criticizing the Hamas government being even rarer, due to both social taboos and legal measures, in addition to harsh restraints on media coverage. For example, in 2019, a series of grassroots demonstrations took place in Gaza under the slogan Bidna N’eesh (“we want to live”) regarding the harsh economic situation under Hamas administration, but these were quickly and brutally quashed by Hamas, who also expectedly alleged that Israel incited them and accused participants of collaborating with the enemy.

In this context, several videos of citizens critical of Hamas or its armed military wing, the Izz Eddin Al-Qassam Brigades, also appeared sporadically on social media since the start of the war, as Palestinians exploited live, unedited broadcasts to make their real views heard across the Arab world.

An old lady reprimanding a shocked anchor and accusing Hamas for stealing aid and bringing it underground for their benefit; a young man shouting “we want a ceasefire” behind a live press conference near one of the hospitals; evacuees marching southbound from their homes in the northern Gaza Strip cursing at Hamas and its leaders and wishing for Godly revenge for the perceived catastrophe they brought upon their people; an old injured man surprising his interviewer by accusing Al-Qassam of hiding between civilians; a mother crying over her son cursing at Hamas – all of these moments caught on camera can be deemed genuine, especially as they were broadcast on Hamas supporting outlets such as Al-Jazeera.

Not the full picture

Nevertheless, these bits and pieces are certainly not the entire picture. According to a poll conducted by renowned Palestinian pollster Khalil Shikaki in December 2023, 57% of respondents from the Gaza Strip thought Hamas was right in launching the October 7 massacre; though it should be noted that this data was collected during the temporary ceasefire of that month, and that much has changed since then, especially in the southern part of the Gaza Strip. Likewise, it is very uncommon to come across discourse criticizing Hamas on Gazan social media.

It should be noted, however, that the Hamas rule in Gaza is a totalitarian one, where freedom of expression is heavily restricted and the very act of criticizing the movement and its armed wing can lead to serious and dangerous repercussions, including arrest and torture. For this reason, Gazan citizens’ views towards the Hamas leadership and its military wing will remain a conundrum, at least as long as Hamas continues to rule the Gaza Strip with an iron fist.Go to the full article >>

end

MONDAY AFTERNOON/ISRAEL VS HAMAS/KHAN YOUNIS

IDF close to defeating Hamas in Khan Yunis

Full platoons entering into Hamas tunnels for the first time has been key.

By YONAH JEREMY BOBJANUARY 29, 2024 19:08

https://player.jpost.com/public/player.html?player=jpost&media=3660342&url=https://www.jpost.com/israel-hamas-war/article-784215IDF’s Division 98 on operations in Khan Yunis, Gaza, January 29, 2024 (IDF Spokesperson’s Unit)

https://trinitymedia.ai/player/trinity-player.php?pageURL=https%3A%2F%2Fwww.jpost.com%2Fisrael-hamas-war%2Farticle-784215&unitId=2900003088&userId=0984023a-6fcf-4b29-a5e6-1be85cfd6d0a&isLegacyBrowser=false&version=20240125_df673717828359f2aeb5276f8a2bc4925a102f24&useBunnyCDN=0&themeId=140

The IDF is close to defeating Hamas in Khan Yunis, with some estimates that the terror group’s ability to fight as an effective collective force could be broken within weeks or less.

As matters stand, close to three of the four Khan Yunis battalions (all four battalions originally making up around 4,500 fighters) are already nearly beaten.

The northern and eastern Khan Yunis battalions are already beaten, according to the IDF, while the southern battalion is close to being taken apart.

Even the western Khan Yunis battalion, which was seen as the toughest remaining Hamas force in Gaza until last week, has shown signs in recent days of falling apart.

Division 98 commander Dan Goldfuss in Khan Yunis, January 29, 2024 (credit: IDF SPOKESPERSON'S UNIT) — Division 98 commander Dan Goldfuss in Khan Yunis, January 29, 2024 (credit: IDF SPOKESPERSON’S UNIT)

Hamas’s deficit by numbers

Of the 4,500 original Hamas fighters, 2,700 have been killed, over 1,000 in close combat, and over 1,700 by tank, artillery, or aerial attacks.AdvertisementBesides attacks on Hamas’s terror forces, the IDF has struck 3,320 targets and 400 tunnel shafts in Khan Yunis, 150 of which it has destroyed.

This means that two-thirds of Hamas’s Khan Yunis forces have been killed, as well as many other wounded, leaving Hamas forces in the southern “capital” of Gaza even more dilapidated than the terror group is as a whole for the entire Gaza Strip where the percentage of killed is 20-30% and even the percentage of out of commission forces is 48-60%.

All of this progress is despite the fact that the IDF only started invading Khan Yunis in early December and spent about a month in late December-early January with slower progress.

New progress in Khan Yunis in general, and especially in western Khan Yunis in the last week was made possible partially by a revolutionary change in IDF strategy for confronting the tunnel threat.

When IDF Brig. Gen. Dan Goldfus presented his strategy to a closed group of media outlets earlier in the battle for Khan Yunis, the strategy was to first win the battle above ground, and then to slowly have engineering crews blow up Hamas’s underground tunnels as the military found and inspected them.

Often only robots, and at most a small number of soldiers would enter many tunnels.

The original idea was to reduce the dangers to IDF forces of walking into an underground trap.

Later, the IDF shifted to attacking Hamas simultaneously both above and below ground, including sending in full platoons of dozens of IDF forces all at once into the tunnels to combat Hamas terrorists.

Although the IDF fought Hamas in tunnels in northern Gaza and the US has fought adversaries in tunnels in other parts of the world, the concept and implementation of sending large forces into tunnels at the same time as fighting in those areas above ground has not been done before according to the IDF.

These new tactics helped the IDF’s 98th Division raid an underground tunnel located under the Bani Suheila cemetery in the heart of Khan Yunis,.

IDF forces not only found explosives, sliding doors, and significant numbers of Hamas terrorists inside, but they also unearthed the office of the eastern Battalion commander from the Khan Yunis Brigade, from where he helped direct the October 7 attacks.

In addition, troops found operation rooms, a battalion combat war room, and bedrooms of senior officials of the Hamas terrorist organization.

The tunnel is part of an underground labyrinth dug by Hamas terrorists, which runs a full kilometer long, some 20 meters deep, and contains several complexes, the IDF noted.

During this operation, the IDF also arrested key Hamas officials who were providing critical new intelligence to the military.After inspecting the tunnel, IDF engineering forces destroyed it.

Despite all of these achievements, IDF sources are unsure if they will catch Hamas’s leadership and the Israeli hostages they are holding within Khan Yunis.

A rising number of IDF officials believe that portions of Hamas’s leadership and their hostages may have fled to Rafah where there are close to 1.5 million Palestinian civilians to hide among.

Additionally, another 105,000 Palestinian civilians recently left Khan Yunis for other safe zones, with around 20,000-30,000 remaining in Khan Yunis.

There are also suspicions that portions of Hamas’s leadership may be hiding with hostages in Khan Yunis safe zones or other safe zones.

Jerusalem Post Staff contributed to this report.

END

THE DEAL THAT IS PROPOSED. HAMAS HAS NOT YET AGREED TO IT

(my question is this: who will shield HAMAS if hostages are gone?)

40 hostages for 6-week ceasefire: Phase one of Hamas deal sparks negotiations

Women, elderly men above 60, and those in critical medical condition would be the first hostages to be released.

By BARAK RAVIDJANUARY 29, 2024 19:29Updated: JANUARY 29, 2024 22:01

A demonstrator walks past a board displaying images of hostages kidnapped in the deadly October 7 attack on Israel by Hamas, in Tel Aviv, Israel, January 29, 2024 (photo credit: REUTERS/TYRONE SIU) — A demonstrator walks past a board displaying images of hostages kidnapped in the deadly October 7 attack on Israel by Hamas, in Tel Aviv, Israel, January 29, 2024(photo credit: REUTERS/TYRONE SIU)

https://trinitymedia.ai/player/trinity-player.php?pageURL=https%3A%2F%2Fwww.jpost.com%2Fbreaking-news%2Farticle-784216&unitId=2900003088&userId=0984023a-6fcf-4b29-a5e6-1be85cfd6d0a&isLegacyBrowser=false&version=20240125_df673717828359f2aeb5276f8a2bc4925a102f24&useBunnyCDN=0&themeId=140

At the Paris summit held on Sunday, a consensus was reached on a three-phase plan, intended for presentation to Hamas. Under this plan, in its first phase, 35-40 Israeli hostages, including women, elderly men above 60, and those in critical medical condition, will be released. In return, a six-week ceasefire will be implemented, along with the release of Palestinian prisoners. This information is attributed to senior Israeli and Qatari officials. The war cabinet is set to deliberate on the specifics of this framework on Monday evening.

The plan, as presented, elaborated only on the initial phase, while the subsequent two phases are broadly outlined. The strategy is to engage in separate negotiations on these during the ceasefire’s sixth week. “The aim is to commence phase A with indications about phases B and C, without finalizing their details,” a senior Israeli official stated.

In the deal’s second phase, male soldiers and civilians under 60 will be released. The third stage involves the transfer of bodies of captives currently held by Hamas. Each phase will define a distinct ratio of Palestinian prisoners released per Israeli captive. The ceasefire duration for the second and third stages is not yet determined and will be finalized in the negotiations. However, Israeli officials anticipate an extended period of ceasefire.

A senior Qatari and a senior Israeli official informed Walla that a meeting in Cairo with Hamas leaders is scheduled in the upcoming days to discuss this revised plan. “The real challenge for Qatar now is to persuade Hamas to agree and commence detailed discussions,” remarked a senior Israeli official.

A RALLY takes place at Hostages Square in Tel Aviv on Saturday night. According to Jewish law, the freeing of captives is the greatest act one can perform, and yet, Jewish law also prohibits the redemption of captives for ‘more than their value,’ the writer notes. (credit: AVSHALOM SASSONI/FLASH90)

Meanwhile, Qatar’s Prime Minister, Sheikh Mohammed bin Abdulrahman Al-Thani, recently expressed at a Washington event at the Atlantic Council: “There’s been significant progress in the negotiations. We’re in a better position than we were a few weeks ago. We’re hopeful that this agreement will lead to the hostages’ release and halt the bombings in Gaza, as well as the civilian casualties.”

He further noted, “There was a development yesterday [on Sunday] towards establishing a foundation for ongoing negotiations. We will forward the proposal to Hamas, hoping for their agreement to negotiate constructively.”Advertisement

Al-Thani emphasized, “Punishing Gaza’s entire population for the actions of a few is unjustifiable. If this deal doesn’t lead to a breakthrough, alternative methods must be explored. We’re mediators, not conflict parties. The agreed framework is based on the stances of both Israel and Hamas, and we’re striving for consensus.”

The Qatari PM also responded to criticism from Israeli Prime Minister Benjamin Netanyahu: “I choose not to react to such statements. We don’t expect Netanyahu’s gratitude. We believe our role is significant, demonstrating that we yield tangible results rather than merely talking or using this for political gains.”

end

then late tonight:

Hamas rejects hostage deal – report

By JERUSALEM POST STAFFJANUARY 29, 2024 22:57

https://trinitymedia.ai/player/trinity-player.php?pageURL=https%3A%2F%2Fwww.jpost.com%2Fbreaking-news%2Farticle-784249&unitId=2900003088&userId=0984023a-6fcf-4b29-a5e6-1be85cfd6d0a&isLegacyBrowser=false&version=20240125_df673717828359f2aeb5276f8a2bc4925a102f24&useBunnyCDN=0&themeId=140

Following reports of an upcoming hostage deal, Hamas has rejected the proposal, Israeli media reported on Monday.

LEBANON/ISRAEL/saturday

4 fighters killed in IDF strikes

(Jerusalem Post

Hezbollah says 4 fighters killed in IDF strikes on south Lebanon targets

Two sites hit by fighter jets in village of Beit Lif manned by operatives, says military; Iran-backed terror group names slain members, bringing death toll to 171

By EMANUEL FABIAN FOLLOW
and TOI STAFFToday, 6:54 am

A photo taken from a position in northern Israel along the border with Lebanon on January 21, 2024. (jalaa marey / AFP)

The Israel Defense Forces said troops carried out airstrikes on Hezbollah sites in southern Lebanon Friday, apparently killing four members of the Iranian-backed Lebanese terror group. The strikes came in response to earlier rocket fire from Lebanon.

Two sites hit by fighter jets in the village of Beit Lif were being manned by Hezbollah operatives, the IDF said. Another site was struck in Deir Aames.

Hezbollah named four members killed “on the road to Jerusalem,” its term for operatives slain in Israeli strikes.

Their deaths bring the terror group’s toll to 171 since October 8, when Hezbollah-led forces began launching daily attacks on Israeli communities and military posts along the border, with the terror group saying it is doing so to support Gaza amid Israel’s war with the Hamas terror group, triggered by its October 7 massacre. Most of the Hezbollah deaths have been in Lebanon but some also in Syria. In Lebanon, another 20 operatives from other terror groups, a Lebanese soldier, and at least 19 civilians, three of whom were journalists, have been killed.

The Hezbollah attacks on Israel have led to mass evacuations of nearly all residents in towns near the border.

Israel has responded by striking Hezbollah cells trying to launch attacks and also launched several waves of strikes at the terror group’s infrastructure inside Lebanon, including observation posts and command centers.

Israeli reserve soldiers take part in a military drill in the Golan Heights, January 24, 2024. (Ayal Margolin/Flash90)

So far, the skirmishes on the border have resulted in six civilian deaths on the Israeli side, as well as the deaths of nine IDF soldiers and reservists. There have also been several attacks from Syria, without injuries.

Earlier Friday, several rockets were fired from Lebanon at the Mount Hermon area in northern Israel with the IDF responding by shelling the launch sites with artillery.

Later, an IAF fighter jet struck a building used by the terror group in Bint Jbeil. On Thursday night, another building was struck in Khiam, the military said earlier.

Hezbollah has been trying to harm Israel’s aerial defenses with attacks in the Mount Hermon area. On Thursday, it launched two explosive-laden drones from Lebanon, which impacted open areas near the northern Israeli community of Kfar Blum, causing no injuries or damage.

Hezbollah claimed it had targeted an Iron Dome air defense system battery. In additional attacks Thursday, Hezbollah claimed to launch projectiles at Israeli military positions near the community of Shlomi and in the Mount Dov region.

Earlier this week, Hezbollah launched a projectile attack that caused damage to a sensitive IDF air traffic control base, marking the second such attack on the Mount Meron base in recent weeks.

The terror group said the attacks were in response to “recent assassinations and repeated attacks on civilians” in Lebanon and Syria.

The IDF confirmed the attack on Tuesday, saying slight damage was caused to the base’s infrastructure.

The view from Moshav Shtula: An observation tower erected by the Hezbollah terror group in southern Lebanon. (Dafna Talmon)

The continued violence along the border comes amid diplomatic efforts to avert a full-scale war with Hezbollah. Israel has been warning that it would be forced to move against Hezbollah with force if talks fail and there is no other way to allow residents evacuated from northern border communities to return.

UN resolution 1701, which ended the 2006 Second Lebanon War, required that Hezbollah be kept away from the border, but the Lebanese army and the UN have never enforced it. Israel has been pushing for allies with strong ties to Lebanon, like France, to step in amid the mounting violence

Earlier this month, Washington dispatched special envoy Amos Hochstein to the region as the US has intensified its diplomatic engagement in a bid to lower the roiling tensions. Hochstein, who was heavily involved in shepherding talks that culminated in Israel and Lebanon demarcating a maritime border in 2022, met with Lebanese and Israeli officials on the trip.

Last week, Lebanese officials said Hezbollah has rebuffed Washington’s initial proposal to stop clashes with Israel, and pull its fighters further from the border, but that it remains open to US diplomacy to avoid a ruinous war.

end

SYRIA/ISRAEL/IRAN

Israeli airstrike killed Iran’s IRCG headquarters in Syria.

Alleged Israeli airstrike targets Iran’s IRGC HQ in Syria – report

The attacks on an IRGC operational headquarters destroyed the building, local media reported.

By JOANIE MARGULIESJANUARY 29, 2024 12:36Updated: JANUARY 29, 2024 13:57

An Israeli Air Force F-35 fighter jet flies during an aerial demonstration at a graduation ceremony for Israeli air force pilots (photo credit: REUTERS/AMIR COHEN) — An Israeli Air Force F-35 fighter jet flies during an aerial demonstration at a graduation ceremony for Israeli air force pilots(photo credit: REUTERS/AMIR COHEN)

https://trinitymedia.ai/player/trinity-player.php?pageURL=https%3A%2F%2Fwww.jpost.com%2Fbreaking-news%2Farticle-784150&unitId=2900003088&userId=0984023a-6fcf-4b29-a5e6-1be85cfd6d0a&isLegacyBrowser=false&version=20240125_df673717828359f2aeb5276f8a2bc4925a102f24&useBunnyCDN=0&themeId=140

Syrian air defenses were activated on Monday morning amid an alleged Israeli attack in the vicinity of Damascus, Arab media reported.

Explosions were detected near the Sayyeda Zeinab shrine complex on the outskirts of the Syrian capital.

Arab media reported that farming areas south of Damascus were targeted due to the proximity of an IRGC stronghold.

The strikes allegedly attacked an operational headquarters for the Iranian Revolutionary Guard Corps (IRGC), a source in Iran’s regional alliance told Reuters.

The airstrikes completely destroyed the Quds Force branch of the IRGC’s Shiite stronghold, Arab media reported.

There was no immediate comment from Syrian authorities and no statement on state media.

An IRGC Ground Forces commando. (credit: Wikimedia Commons)

Two Iranian Revolutionary Guards members who served as military advisers in Syria were killed in an Israeli attack, Iranian state media reported in November, in the first reported Iranian casualties during the ongoing war in Gaza.Advertisement

Britain calls for de-escalation in Middle East

Following strikes in Syria and Sunday’s attacks in Jordan that killed three US soldiers, UK Prime Minister Rishi Sunak called on Iran to diffuse tension, Israeli media reported.

Sunak said he was disturbed by what was happening in the Middle East, and called on the Iran to “continue to reduce” tensions in the region.

The United States has also engaged Iranian forces in Syria since the beginning of the war, with November airstrikes targeting IRGC sites, including a training facility and a safe house near the cities of al-Bukamal and al-Mayadeen.

The United States also killed five Iran-backed fighters in the Iraqi city of Kirkuk on a pre-emptive airstrike last week, after several attacks against US forces. Tal Spungin, Jerusalem Post Staff, and Reuters contributed to this report. This is a developing story.

Related Tags

END

SYRIA/ISRAEL

JORDAN/IRAQ/IRAN

Iran’s militia in Iraq kills 3 USA soldiers and that has the uSA fuming. Biden the weak, has not responded to the attack as of yet

(Reuters/Jerusalem Post)

Biden says US ‘shall respond’ to attack that killed three US soldiers

By REUTERS29 January 2024, 12:22 am

The United States will respond to a weekend attack that killed three US service members in northeastern Jordan near the Syrian border, US President Joe Biden says.

“We shall respond,” he says at a campaign event in South Carolina, asking for a moment of silence.

end

(Israel Times)

US defense secretary vows response to Iran-linked attack against troops in Jordan

By LAZAR BERMAN

US Secretary of Defense Lloyd Austin speaks at the Pentagon in Washington, November 22, 2023. (Cliff Owen/AP)

US Secretary of Defense Lloyd Austin blames “Iran-backed militias” for repeated attacks on US forces, pledging “we will respond at a time and place of our choosing.”

“I am outraged and deeply saddened by the deaths of three of our US service members and the wounding of other American troops in an attack last night against US and Coalition forces, who were deployed to a site in northeastern Jordan near the Syrian border to work for the lasting defeat of ISIS,” he says in a statement from the Defense Department.

“These brave Americans and their families are in my prayers, and the entire Department of Defense mourns their loss.”

“The President and I will not tolerate attacks on American forces, and we will take all necessary actions to defend the United States, our troops and our interests.”

END

Congressional Hawks Urge ‘Hit Iran Hard’ After 3 US Troops Killed By Tehran-Aligned Militants

SUNDAY, JAN 28, 2024 – 02:52 PM

Update(1452ET): It took a mere minutes after the headlines spread across the globe for the hawks and neocons to call on the White House to “hit them hard”—in reference to Iran and Iranian-linked groups believed responsible for the attack on a US outpost along the Jordanian border which killed three American troops and injured 25 more.

The government of Jordan has since said that none among their own troops were injured, which suggests all of the injured were Americans too. Below is a partial survey of the Congressional hawks who are now essentially calling for full-blown war against Iran and its proxies [emphasis ZH]…

“The only answer to these attacks must be a devastating military retaliation against Iran’s terrorist forces, both in Iran and across the Middle East. Anything less will confirm Joe Biden as a coward unworthy of being commander-in-chief.'” —Republican Senator, Tom Cotton of Arkansas

“The Biden Administration can take out all the Iranian proxies they like, but it will not deter Iranian aggression. I am calling on the Biden Administration to strike targets of significance inside Iran, not only as reprisal for the killing of our forces, but as deterrence against future aggression… Hit Iran hard, hit them now.” —South Carolina Senator Lindsey Graham

“Target Tehran” —Republican Senator from Texas John Cornyn

And as also fully expected, the think tank “armchair warrior” crowd is all in favor of sending more young Americans to fight and to die in the Middle East, based purely on another ‘war of choice’ with unclear end goals…

Of course, the neocons have had their sites set on Tehran and hoped-for regime change there going all the way back to the 1990’s, as is evident from the writings of PNAC crowd (Project for the New American Century, which went on to largely staff GW Bush’s cabinet).

Thankfully, Trump’s initial statement did not echo the hawkish neocon line of some among the more outspoken GOP Congressmen…

But the reality is that the years-long US occupation of Syria, which happens to largely located in the oil and gas producing parts of the country, have left US forces as ‘sitting ducks’ yet without any clear identifiable mission or goal. The Biden administration knows this very well, having been quoted as saying the same merely a week ago in The New York Times:

The latest attack on American troops in the region over the weekend resulted in no deaths, but President Biden and his advisers worry that it is only a matter of time. Whenever a report of a strike arrives at the White House Situation Room, officials wonder whether this will be the one that forces a more decisive retaliation and results in a broader regional war.

But this is the pattern of US interventionism of the past more that two decades: intervention begets more intervention… then begets US occupation at some far-flung outpost… militant attack on said outpost begets greater escalation and yet more intervention. It seems that the cycle never ends (perhaps by design) as the continuing legacy of the neocons’ GWOT which kicked off with the era of the Iraq and Afghan invasions.

It seems this is what President Ronald Reagan foresaw and understood in the wake of the Beirut barracks bombing.

* * *

An overnight drone attack on a US military outpost in northeast Jordan has killed three American troops and left 25 more injured, according to breaking reports Sunday morning.

The outpost, called Tower 22, is located very close to the Syrian border, and the casualty rate is so high as soldiers were reportedly sleeping in tents when the drone struck. By all accounts thus far, the drone appears to have come from Syrian territory.

end

Pentagon Offers Unusual Reason Why Anti-Air Defenses Failed At Jordan Border Base

MONDAY, JAN 29, 2024 – 11:14 AM

(Update 1114ET): Some surprising details and admissions have emerged out of the Pentagon on Monday connected to the drone attack on Jordanian base Tower 22, related to the question of how the base’s anti-air defenses could have failed so badly. First, in our prior reporting (below), we linked to Moon of Alabama which asked some key questions not being addressed amid the frenzy of international reporting and growing speculation [emphasis ZH]:

The reporting so far does not answer many arising questions. Tower 22 is on the Jordanian side of the boarder but Jordan insists that no attack had happened on its grounds.

Another anomaly are the high rate of wounded from the alleged drone strike. Drones are used in mass in the Ukraine war but the casualties they cause are usually less than a handful per drone.

The highly automated short and medium range air-defenses (C-RAMs, the equivalent of naval Phalanx guns) at the base should be able to shoot down any drone. Why didn’t they work?

Later in the day Monday, some of these questions are being answered. The Wall Street Journal cited US officials who spoke to the failure of the base’s anti-air defenses:

The U.S. failed to stop a deadly attack on an American military outpost in Jordan because the enemy drone approached its target at the same time a U.S. drone was also returning to base, U.S. officials said Monday.

The return of the U.S. drone led to some confusion over whether the incoming drone was friend or foe, officials have concluded so far.

The enemy drone was launched from Iraq by a militia backed by Tehran, U.S. officials said. The outpost, Tower 22, sits in Jordan, hard on the borders of Iraq and Syria.

In total three US service members died and at least 34 were injured, with eight of these having been medically evacuated to a hospital in Germany.

At a moment some US Congressional hawks are clamoring to start a war with Iran, WSJ writes further, “The U.S. has yet to find evidence thus far that Iran directed the attack, a U.S. defense official said Monday.”

HOUTHIS/USA/WEST/SATURDAY

British Oil Tanker On Fire For Several Hours After Houthi Attack, Dramatic Photos Show

SATURDAY, JAN 27, 2024 – 01:53 PM

Update(0153ET): The Indian Navy led by the INS Visakhapatnam was among the first rescue team to respond to the stricken Marlin Luanda after it was hit by a missile fired by the Houthis. It was reportedly on fire for a lengthy amount of time, by some accounts over six hours, before the blaze was extinguished by the Indian Navy.

Images published by the Indian Navy (below) show smoke and flame billowing at the height of day. According to more details via BBC:

A tanker with links to the UK was on fire for several hours in the Gulf of Aden after being hit by a missile fired by the Houthis.

The Iran-backed movement, based in Yemen, said it targeted the Marlin Luanda on Friday in response to “American-British aggression”.

The US and UK have launched air strikes on Houthi targets in response to attacks on ships in the Red Sea region French, Indian and US naval ships provided assistance to the vessel.

Some day time images of the Marlin Luanda, aligns with the photo we shared last night of the deck on fire, confirming its authenticity in my opinion.

6:50 AM · Jan 27, 2024

154.7K Views

UK Defence Secretary Grant Shapps has condemned the attack as “intolerable and illegal.”

“It is our duty to protect freedom of navigation in the Red Sea and we remain as committed to that cause as ever,” he said in a statement on X.Source: Indian Navy

* * *

The British fuel tanker operated on behalf of trading giant Trafigura, was on fire after it was struck by a missile as it transited the Red Sea, in the most significant attack yet by Yemen’s Houthi rebels on an oil-carrying vessel.

Yemen’s Houthis said on Friday their naval forces carried out an operation targeting “the British oil tanker Marlin Luanda” in the Gulf of Aden causing a fire to break out. They used “a number of appropriate naval missiles, the strike was direct,” the Houthi military spokesperson Yahya Sarea said in a statement.

“Firefighting equipment on board is being deployed to suppress and control the fire caused in one cargo tank on the starboard side,” a Trafigura spokesperson said in a statement. “We remain in contact with the vessel and are monitoring the situation carefully. Military ships in the region are underway to provide assistance.”

The area in question and the southern Red Sea have been the center of multiple attacks on ships by Houthi militants in recent weeks. Since mid-November, the Houthis have launched near daily attacks on vessels transiting the waterway, in an act of solidarity with Palestinians amid the war between Israel and the militant group Hamas. The conflict has rerouted trade flows as some shippers avoid the key waterway.

The tanker, headed toward Singapore, was carrying naphtha, which is used to produce gasoline and plastics. Ironically, the naphtha was of Russian origin, Trafigura said.

“The vessel is carrying Russian-origin naphtha purchased below price cap in line with G7 sanctions,” a spokesperson said, however some have voiced questions about how a venerated Swiss merchant procured the Russian commodity.

The oil tanker operated on behalf of Trafigura that was struck by a Houthi missile was carrying Russian fuel, the trading giant said. “The vessel is carrying Russian-origin naphtha purchased below price cap in line with G7 sanctions,” a spokesperson said. #OOTT

The attack, the most serious yet since Houthi militants effectively took control of transit in the Red Sea, will raise fresh questions about whether oil tankers will continue to transit the Red Sea. Since joint US and UK airstrikes on the Houthis earlier this month, tanker traffic in the region has declined, but some vessels have continued to pass through, including those hauling oil from Russia and toward China. Other key oil exporters like Saudi Arabia said this week that they were planning to continue using the route.

As Bloomberg correctly, if unironically, points out, the latest attack suggests that the US and its allies haven’t sufficiently degraded the Houthis’ military capabilities two weeks after launching the first of several airstrikes on the group’s missiles, radars and other assets across Yemen. Of course, it also means that the Biden-spearheaded operation “Prosperity Guardian” which was meant to secure passage of ships in the Red Sea is now literally up in flames.

Last weekend, US Deputy National Security Advisor Jon Finer said military actions to deter the Houthis and other groups backed by Iran would take time.

“Deterrence is not a light switch,” Finer told ABC, trying to explain why nobody takes the US seriously any more. “We are taking out these stockpiles so they will not be able to conduct so many attacks over time. That will take time to play out.”

In its update on the incident, the UK Navy advised ships to transit with caution and said authorities are responding.

Earlier Friday, missiles exploded near a Panama-flagged, India-affiliated ship carrying barrels from Russia, according to Ambrey. Although a Houthi spokesman told the Russian newspaper Izvestia last week that Russian and Chinese ships sailing through the Red Sea would be safe, Friday’s attack was the third in the vicinity of a vessel that had previously called on a Russian port.

END

RUSSIA/UKRAINE

end

GLOBAL VACCINE/COVID ISSUES

How The COVID Virus Defends Itself From The Human Immune System

SATURDAY, JAN 27, 2024 – 08:10 AM

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

Just how was the COVID-19 coronavirus so successful?

The question has eluded scientists and medical professionals since the novel virus swept the globe in 2020, infecting over 700 million people and killing almost 7 million, according to official accounts.

Now, a German research team believes it has identified the mechanisms that allowed the SARS-CoV-2 virus to hold the title for being responsible for the most devastating pandemic in the 21st century. The researchers published their findings in Nature Communications in January.

Like an army commander developing strategies, the COVID virus defends itself by developing strategies against the human immune system in a molecular arms race, wrote professor Kai Tittmann, lead researcher of a team at the University of Göttingen and University Medical Center Göttingen that looked into how the coronavirus defends itself against the human body.

The virus is like a chameleon, constantly mutating, enabling it to infect human cells more effectively and rapidly. Despite some damage control afforded by medical efforts, this constant mutation has allowed the virus to morph into different strains, causing additional global outbreaks like the omicron outbreak of November 2021.

“It is fascinating to see how chemically elegant and effective the coronavirus is against the immune system,” Mr. Tittmann said in a press release. “Interestingly, a coronavirus discovered earlier—severe acute respiratory syndrome, also known as SARS-CoV-1—which triggered the 2002 to 2004 outbreak, also has these protective switches. This is the first this has been shown.”

Mr. Tittmann’s team found these processes possible due to protective switches within the virus that shield it from the human immune system’s attack systems. The switches are located within the virus’ main protease, a protein. The virus uses the protein to remove other viral proteins in infected cells. Consequently, the process—using the amino acid cysteine, a main protein-building block—enables the replication of SARS-CoV-2 within the body.

“From a chemical point of view, this could be an Achilles heel for the coronavirus, as cysteines can be destroyed by highly reactive oxygen radicals, which our immune system uses to fight viruses,” Mr. Tittmann explained.

However, according to Mr. Tittmann, the virus’ switch prevents free radicals from destroying it. The switch will force the cysteine to bond with two sulfur atoms, creating a shield that prevents the cysteine from being destroyed by the immune system’s attack with free radicals. At the same time, the virus creates a secondary shield using sulfur and oxygen atoms and a single nitrogen atom, further preventing free radicals from damaging it.

Armed with the knowledge of how the switches work, Mr. Tittmann’s team went to work to determine if any molecules could bind to the protective switches, inhibiting the virus’ process. They identified such molecules in both test tubes and infected cells.

“This type of molecule opens up the potential for new therapeutic interventions which will stop coronaviruses in their tracks,” said Lisa-Marie Funk, first author of the study.

Paxlovid, the most common drug used to treat COVID-19 symptoms, targets the protease protein. Paxlovid is an oral antiviral pill developed by Pfizer that helps keep high-risk patients from developing severe symptoms. It is available to individuals 12 and older who weigh at least 88 pounds. It has been the go-to treatment for high-risk individuals since its FDA approval in May 2023. In clinical trials, the drug showed an 89 percent reduction rate in the risk of hospitalization and death in unvaccinated people.

END

OTHER MEDICAL VACCINE INJURY/CANCER REPORTS

MARK CRISPIN MILLER

US vax rates dropping overall; US public trusts no “scientist” or group promoting “vaccination”; military officers call for DoD accountability; 2/3 of Germany backs farmers; more states stand w/ Texas

These and other signs of mass RESISTANCE have the WEF and WHO and “our free press” bemoaning the “disinformation” that they claim is putting all of US “at risk” (when that’s what THEY’VE been doing)

MARK CRISPIN MILLER

Ryne Sandburg has metastatic prostate cancer; pop singer Cat Janice diagnosed with cancer; Loretta Lynn’s son has surgery for kidney failure; reality TV’s Stacey Silva has “emergency kidney surgery”
UFC’s Mark Coleman has “emergency surgery” for hematoma; MN state rep Mark Fischer has surgery after heart attack; Canada: actor Brennan Elliott’s wife fears “her cancer may hurt his career”
MARK CRISPIN MILLER
JAN 27

READ IN APP

Also, Mexican socialite Genoveva Casanova’s blood clot has caused pulmonary infarction, stroke and heart damage.
UNITED STATES
Sandberg being treated for metastatic prostate cancer
January 22, 2024

Hall of Famer and Cubs legend Ryne Sandberg said Monday that he has begun treatment for metastatic prostate cancer. “I am surrounded by my loving wife Margaret, our incredibly supportive family, the best medical care team and our dear friends,” Sandberg said in a statement released by the National Baseball Hall of Fame and Museum. Sandberg, 64, received the diagnosis last month.

READ IN APP

US vax rates dropping overall; US public trusts no "scientist" or group promoting "vaccination"; military officers call for DoD accountability; 2/3 of Germany backs farmers; more states stand w/ Texas — end’

Soccer legend Matt Le Tissier tells how he stopped the UK killing program in his sport. Where are the other athletes doing the same?

Is NO ONE trying likewise to save his/her fellow players in football (American), baseball, basketball, tennis, rugby, golf, weightlifting….? (And what about the footballers outside the UK?)

MARK CRISPIN MILLERJAN 29

READ IN APP

Here’s the tweet Le Tissier posted well over two years ago:

Here he tells of his eventually successful effort to get the Professional Footballers Association to take action—which they did, although without announcing it!

end

DR PAUL ALEXANDER

Dr. Mike Yeadon: “Don’t let them get away with it, Don’t believe those telling you Covid tyranny is all bumbling and fumbling that deserve forgiveness and amnesty’ NO amnesty, NONE! (Dr. James Hill)

We need justice and full accountability, we will never let them slink away…never! As long as it takes, these are my words, Dr. Paul Alexander, & I stand alongside Yeadon, Hill et al.

DR. PAUL ALEXANDERJAN 27

READ IN APP

JAMES HILL, MD substack, support his please:

James Hill MD’s Newsletter

Don’t let them get away with it: Dr. Michael Yeadon

Pfizer ex-chief Michael Yeadon PhD sees it. Dr. Paul Alexander sees it. I saw it and wrote on Twitter in 2020 and Substack in 2021 about Covid being a bioweapon operation. It’s all intentional. They’re trying to kill many of us and surveil and enslave the rest, according to the evidence…

Listen now

end

‘Journalist who tried to cancel Novak Djokovic over not taking COVID vaccine collapses and dies while covering Australian Open’; it is always sad when someone dies; yet did he die from the very same

Malone, Bourla, Bancel, Kariko et al. COVID mRNA gene based injection? That Novak refused as he had natural immunity that was bullet proof? This is an incredible story…sshh, do NOT say vaccine, sshh

DR. PAUL ALEXANDERJAN 29

READ IN APP

‘The sports journalism community is mourning the sudden passing of Mike Dickson, a prominent figure in tennis reporting. Dickson, who was set to celebrate his 60th birthday on January 27, died suddenly while in Melbourne for the Australian Open.

The news of his death was confirmed through a social media post by his wife and children. “We are devastated to announce that our wonderful husband and Dad, Mike, has collapsed and died while in Melbourne for the Aus Open,” read the message shared via Dickson’s X account. “For 38 years, he lived his dream covering sport all over the world. He was a truly great man, and we will miss him terribly,” added the message from “Lucy, Sam, Ruby, and Joe.”‘

SLAY NEWS

The latest reports from Slay News

Top Study Calls for Global Ban on Covid Shots A group of world-renowned researchers has published a groundbreaking new study on soaring sudden death rates and called on governments to ban Covid mRNA shots globally.READ MORE

CDC Covered Up Vax-Induced Heart Damage to Avoid Public ‘Panic,’ Email Reveals The U.S. Centers for Disease Control and Prevention (CDC) chose to cover up evidence that Covid mRNA vaccines caused heart damage in order to avoid public “panic,” a bombshell leaked email has revealed.READ MORE

Jonathan Turley: Biden Has ‘Upper Hand’ in Border Showdown with Texas Legal scholar Jonathan Turley has warned that Democrat President Joe Biden’s administration has the “upper hand” in the federal government’s showdown with Texas over the Southern Border.READ MORE

United Nations Officials Involved in October 7 Terror Attacks against Israel A bombshell new report has alleged that several United Nations officials were involved in the brutal Hamas terror attacks against Israel on October 7.READ MORE

Biden Bows to Climate Mob, Cancels Massive Natural Gas Projects Putting 70,000 Jobs at Risk Democrat President Joe Biden has just canceled serval massive natural gas projects amid pressure from climate activists.READ MORE

Elise Stefanik Now Bookmakers’ Favorite for Trump’s VP Pick Bookmaker odds are now heavily favoring Rep. Elise Stefanik (R-NY) to be President Donald Trump’s choice of running mate for the 2024 presidential election.READ MORE

West Virginia Republicans to Consider Blocking Unaffiliated, Independent, Democrat Voters from GOP Primary Republicans in West Virginia are considering plans to block unaffiliated, independent, and Democrat voters from casting voters in the state’s GOP primary.READ MORE

Trump Celebrates Early Victory in Nevada as Nikki Haley Not Eligible for Delegates President Donald Trump is cruising toward an easy victory in the Republican 2024 primary.READ MORE

Republicans Move to Protect Hydroelectric Dams from Biden House Republicans have filed legislation that would protect hydroelectric dams in the Pacific Northwest from being destroyed by Democrat President Joe Biden.READ MORE

Newly-Elected Liberian President Suffers ‘Medical Episode’ during Inauguration Speech Liberia’s newly-elected president suffered a “medical episode” in the middle of his inauguration speech and was helped away from the stage by staffers.READ MORE

Kamala Harris: America Will ‘Lose This Democracy’ If Trump Elected Because He’ll ‘Go after Political Enemies’Democrat Vice President Kamala Harris has issued a warning about what would happen if American voters chose a leader who will “go after their political enemies.”READ MORE

Vermont High School Coach Fired for Saying Males Are Biologically Different to Females A Vermont high school snowboarding coach has been fired for stating that males are biologically different than females.READ MORE

Black Lives Matter Rioters Awarded $10 Million ‘Compensation’ from Seattle Seattle has agreed to pay a settlement of $10 million in “compensation” to a group of Black Lives Matter (BLM) rioters who claimed to be protesting the death of George Floyd in 2020.READ MORE

Chicago Moves to Ban Natural Gas from Private Homes to Meet WEF’s ‘Net Zero’ Goals

The Democrat-controlled City of Chicago is moving to ban natural gas from all new homes in an effort to comply with the “Net Zero” goals of the unelected World Economic Forum (WEF).
READ MORE
‘Shall Not Be Infringed’: Democrats Move to Ban Militias Forming ‘for the Sake of Our Democracy’

Democrats in the House and Senate are pushing new legislation to infringe on the God-given rights of every American citizen.
READ MORE

Biden Goes Off-Script during Speech, Starts Yelling Incoherently about Trump

Democrat President Joe Biden appeared to go off-script as he launched into a confusing rant during a speech in South Carolina.
READ MORE

Republicans Call on Gov Abbott to Ignore Supreme Court’s Texas Border Order

Growing numbers of Republicans across the country are calling on Gov. Greg Abbott to ignore the Supreme Court’s order in the escalating standoff between Texas and Democrat President Joe Biden’s administration.
READ MORE

Megyn Kelly Drops ‘Insider’ Information on ‘Plan to Replace Biden with Michelle Obama’

Former Fox News star Megyn Kelly has revealed “insider” information that she says exposes the Democrats’ plans for the 2024 election.
READ MORE

Speaker Johnson Warns Senators Their Border Security Bill Is ‘Dead on Arrival’ in the House

House Speaker Mike Johnson (R-LA) has issued a warning to Senators about a proposed border security bill that is rumored to be under negotiations in the upper chamber.
READ MORE

Democrats Panic as RFK Jr. Qualifies for Another 2024 Ballot

Concerns are growing among Democrats as Robert F. Kennedy Jr. has qualified for yet another state’s 2024 general election ballot.
READ MORE

EVOL NEWS

WEF: ‘Humans Have No Rights – No Better Than Jellyfish’READ MORE…

LATEST NEWS:

14 Red States ‘Stand with Texas’ in Border Fight with Biden Administration Read more…Dems Say Biden Should Seize Control Of Texas’ National Guard — But Here’s What They Aren’t Telling You Read more…Biden Admin Doubles Down On ‘Dishonest’ Use Of Disaster Stats To Promote Climate Narrative Read more…Texas Lt. Governor Warns Biden Not to Escalate Border Crisis Read more…President Biden Sued Over Executive Order Interfering in State Elections Read more…House Ethics Investigation Finds Jamaal Bowman Gave ‘Misleading’ Statements After Pulling Capitol Fire Alarm Read more…Trump Joins Motion To Dismiss Racketeering Case, Disqualify Fani Willis Over Misconduct Read more…Communist China Accuses U.S of ‘Provocation’ as Navy Warship Sails into Taiwan Strait Read more…

NEWS ADDICT

WEF: ‘Humans Have No Rights – No Better Than Jellyfish’One of the leaders of the World Economic Forum (WEF) has declared that human beings “have no rights” because members of the general public are “no better than jellyfish.”READ THE FULL REPORT

John Kerry Gloats to WEF Elites: No Elected Official Can Reverse ‘Net Zero’ Now Climate grifter John Kerry was filmed gloating to globalist elites at the World Economic Forum (WEF) summit in Davos that no elected officials have the power to reverse their “Net Zero” agenda now.READ THE FULL REPORT

Texas Lt. Governor Warns Biden Not to Escalate Border Crisis Texas Lieutenant Governor Dan Patrick has urged President Biden not to take aggressive action against the Texas National Guard on the southern border. The Biden administration has given Texas 24 hours to leave the Eagle Pass area, but the Lone Star State has maintained that it has the power to defend the southern border, since President Biden has no interest in enforcing …READ THE FULL REPORT

President Biden Sued Over Executive Order Interfering in State Elections A group of 24 Republican legislators in Pennsylvania has filed a federal complaint against President Joe Biden, Governor Josh Shapiro, and representatives from the Pennsylvania Department of State, alleging that they have usurped legislative authority by changing voter registration and election rules. The lawsuit was reported by the Epoch Times. According to the legislators, the Elections Clause and the Electors …READ THE FULL REPORT

Biden Admin Doubles Down On ‘Dishonest’ Use Of Disaster Stats To Promote Climate Narrative The National Oceanic and Atmospheric Administration (NOAA) continues to cite billion dollar damage (BDD) events as a proxy for the intensity of climate change despite the statistic’s numerous flaws.READ THE FULL REPORT
LATEST REPORTS FOR NEWS JUNKIES
Top Doctor Blows Whistle: Vaxxed Are Developing AIDS

A world-renowned cardiologist and epidemiologist has blown the whistle, revealing that staggering numbers of vaccinated people around the world are now being diagnosed HIV positive.
READ THE FULL REPORT

LATEST REPORTS FOR NEWS JUNKIES
Biden Lies About Playing College Football: ‘I Could’ve Been All-American, Man’

Joe Biden has a tendency to get a bit garrulous and loose with his tall tales while on the campaign trail. In that regards, Biden’s the epitome of a retail politician. He glad-handles and cajoles, contrives and confabulates, panders and pretends. So, the president’s exchange in South Carolina with a patron of a barber shop shouldn’t surprise us as leading …
READ THE FULL REPORT

Joe Biden Explodes Into Senile Rage About Debunked Trump Hoax: ‘How Dare He Say That?’

Joe Biden exploded into rage on Saturday night in South Carolina, dredging up a discredited Trump hoax to clamor about the presidential frontrunner. Biden devolved into unbridled anger, slurring his words as he repeated the debunked slander about his political opponent. “Donald Trump, when he was Commander-in-Chief, refused to visit a cemetery, US cemetery, outside of Paris for fallen American …
READ THE FULL REPORT

Three Reasons Trump Selecting RFK Jr. as VP Would Boost His Chances in 2024

Former President Donald Trump is not ruling out the prospect of picking Robert F. Kennedy Jr. as his running mate in the general election. According to a new report, the former president has made “preliminary overtures” to Kennedy to assess his enthusiasm in the proposal. “Trump operatives expressed an interest in Kennedy early on, but it was all premature,” an …
READ THE FULL REPORT

More Countries Suspend Aid To UNRWA After Allegations Employees Aided Attack On Israel

The United Kingdom and several other countries announced Saturday that they were suspending funding to the United Nations’ Relief and Works Agency for Palestine (UNRWA) after allegations that staff may have participated in the Oct. 7 attack on Israel. Canada and the United States announced Friday that in the wake of the allegations they would temporarily pause funding to the agency, with the …
READ THE FULL REPORT

Border Agents Caught 50 Illegal Aliens On Terror Watchlist In Last Three Months

Border Patrol agents apprehended 50 illegal aliens on the terror watchlist between October and December, according to federal data updated Friday. The total number of migrant crossings at the southern border between October and December surpassed 785,000, more than 629,000 of them being illegal entries, according to the data. Federal authorities warned Border Patrol after the Oct. 7 terrorist attack on Israel to keep …
READ THE FULL REPORT

MICHAEL EVERY/PHIL MAREY/OR OTHER EXECS //RABOBANK

END

7//OIL ISSUES//NATURAL GAS ISSUES//ELECTRICAL GRID ISSUES// RENEWABLE ENERGY ISSUES//USA AND GLOBE

Saudi Tankers Given Passage Through Red Sea By Houthis, Alongside Russia & China

FRIDAY, JAN 26, 2024 – 09:20 PM

China and Russia aren’t the only countries being given a “pass” from Yemen’s Houthi rebels, but Saudi Arabia is also exporting crude oil through the Red Sea as if in perfectly normal times (well, almost).

At a moment that especially Western and any and all Israeli-linked vessels are being targeted by rocket and drone attacks out of Yemen, the head of Aramco’s refining, oil trading and marketing division Mohammed Al Qahtani has confirmed to Bloomberg, “We’re moving in the Red Sea with our oil and products cargoes.” He added that the risks remain “manageable”.

As we’ve been chronicling, a who’s who of major tanker and container shipping companies have halted their Red Sea transit, instead opting for the much longer journey around the Cape of Good Hope in Africa. This typically adds some $1 million to the total transport bill for a tanker, LSEG Shipping Research data shows.

Bloomberg’s analysis shows that even at this very moment in which US warships are coming under fire, Saudi transit through the vital waterway is alive and well:

In the first half of January, Aramco shipped as much crude from its Red Sea terminal at Yanbu northwards toward Europe as it did in the whole of the previous month, vessel tracking data compiled by Bloomberg show.

“That is also giving us huge access and optionality,” Qahtani said. “We are assessing that almost on a daily basis.”

Still, like the rest of the industry, Aramco is having to deal with fewer vessels willing to travel into the Red Sea and higher insurance costs for doing so.

In what was no doubt meant as a message adding insult to injury to the Israel-friendly Western allies, the Iran-linked Houthis starting over a week ago declared that Chinese and Russian-flagged or owned vessels would not be attacked in the Red Sea.

On January 19 a senior Houthi official, Mohammed al-Bukhaiti, mentioned these US rivals by name in an interview with the Russian outlet Izvestia. “As for all other countries, including Russia and China, their shipping in the region is not threatened,” he said, stipulating this will remain in effect as long as they are not linked to Israel or its supporters.

Some of the vessels which have come under attack thus far actually have connection to various dozens of countries which aren’t necessarily backing Israel’s assault on Gaza (though these ships may have been headed toward Israeli ports), but ships with Russian or Chinese ownership, or deep ties, have yet to be attacked.

The US-UK coalition patrolling the Red Sea has at this point launched at least eight or nine significant rounds of airstrikes against Houthi positions, but this appears to have only deepened Houthi resolve.

As for Russia and China, they’ve been foremost among Washington’s powerful rivals to criticize Israel’s mass bombing of the Gaza Strip. They both have close ties with Iran, as well as with Assad’s Syria, and China is busy inking multi-billion dollar infrastructure and energy deals with Iraq. Of course, these ‘defiant’ countries (Syria and Iran) are under US sanctions as well.

Iran and Saudi Arabia recently achieved rapprochement and established diplomatic ties, which perhaps explains why Riyadh is now getting a ‘free pass’.

END

US Sanctions Strand 10 Million Barrels Of Russian Crude For Weeks

MONDAY, JAN 29, 2024 – 05:00 AM

By Julianne Geiger of OilPrice.com

About 10 million barrels of Russian crude oil have been stranded off the coast of South Korea thanks to U.S. sanctions, traders and shipping data told Reuters on Friday.

The 10 million barrels, carried by 14 tankers, are of the Sokol variety from Sakhalin-1 and remain unsold due to Western sanctions. That amount represents about 45 days’ worth of Sakhalin-1 production at its average rate of 220,000 barrels per day.

The vessels—including 3 VLCCs—carrying the Russian crude oil have been stranded near the port of Yosu in South Korea for weeks after the United States sanctioned multiple vessels and companies that were transporting the Sokol grade.

Reuters sources and shipping data courtesy of Kpler and LSEG indicate that the VLCCs, carrying 3.2 million barrels, have been acting like floating storage.

At least some of the Sokol crude oil was destined for Indian Oil Corp. The delays in delivery caused by payment problems have caused Indian Oil Corp to search for crude from elsewhere—mainly from its own storage and the Middle East.

The United States initiated sanctions and a price cap on Russian crude oil transiting by water more than a year ago. The intent was not to disrupt the flow of oil, but to restrict revenues to Russia, who would otherwise use crude oil money to fund its military operations in Ukraine. The Biden Administration has insisted that its sanctions and G7 price cap have been effective, despite the accusations from some that they have been largely ineffectual.

The Kyiv School of Economics estimated in December that Moscow would bring in $178 billion from oil sales in 2023—and predicted that this figure would rise in 2024. According to the Centre for Research on Energy and Clean Air, the import ban and price cap have cost Russia $37 billion in export revenue. “The price cap has had an impact but has failed to live up to its potential” CREA analysts said last December.

END

8. EMERGING MARKETS//AUSTRALIA NEW ZEALAND ISSUES//

CANADA//

YOUR EARLY CURRENCY/GOLD AND SILVER PRICING/ASIAN CLOSING MARKETS AND EUROPEAN BOURSE OPENING AND CLOSING/ INTEREST RATE SETTINGS MONDAY MORNING 7;30AM//OPENING AND CLOSING

EURO VS USA DOLLAR: 1.0833 DOWN .0015

USA/ YEN 147.89 DOWN .178 NOW TARGETS INTEREST RATE AT 1.00% AS IT WILL BUY UNLIMITED BONDS TO GETS TO THAT LEVEL…//YEN STILL FALLS//

GBP/USA 1.2707 UP .0012

USA/CAN DOLLAR: 1.3428 DOWN .0002 (CDN DOLLAR UP 2 BASIS PTS)

Last night Shanghai COMPOSITE CLOSED DOWN 26.87 PTS OR 0.92%

Hang Seng CLOSED UP 125.01 PTS OR 0.78%

AUSTRALIA CLOSED UP 0.30% // EUROPEAN BOURSE: MOSTLY ALL RED

Trading from Europe and ASIA

I) EUROPEAN BOURSES: MOSTLY ALL RED

2/ CHINESE BOURSES / :Hang SENG UP 125.01 PTS OR 0.78%

/SHANGHAI CLOSED DOWN 26.87 PTS OR 0.72%

AUSTRALIA BOURSE CLOSED UP 0.30%

(Nikkei (Japan) CLOSED UP 275.97 OR 0.77%

INDIA’S SENSEX IN THE GREEN

Gold very early morning trading: 2029.80

silver:$23.05

USA dollar index early MONDAY morning: 103.36 UP 12 BASIS POINTS FROM FRIDAY’s CLOSE.

MONDAY MORNING NUMBERS ENDS

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

And now your closing MONDAY NUMBERS 1: 30 AM

Portuguese 10 year bond yield: 3.294% DOWN 8 in basis point(s) yield

JAPANESE BOND YIELD: +0.797% DOWN 0 AND 3//100 BASIS POINTS /JAPAN losing control of its yield curve/

SPANISH 10 YR BOND YIELD: 3.128 DOWN 8 in basis points yield

ITALIAN 10 YR BOND YIELD 3.737 DOWN 10 points in basis points yield ./ THE ECB IS QE’ ING ITALIAN BONDS (BUYING ITALIAN BONDS/SELLING GERMAN BUNDS)

GERMAN 10 YR BOND YIELD: 2.2325 DOWN 8 BASIS PTS

END

IMPORTANT CURRENCY CLOSES FOR THURSDAY

Closing currency crosses for day /USA DOLLAR INDEX/USA 10 YR BOND YIELD/1:00 PM

Euro/USA 1.0797 DOWN 0.0050 or 50 basis points

USA/Japan: 147.66 DOWN 0.408 OR YEN UP 41 basis points/

Great Britain/USA 1.2675 DOWN .0019 OR 19 BASIS POINTS //

Canadian dollar DOWN .0022 OR 22 BASIS pts to 1.3452

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

The USA/Yuan, CNY: closed ON SHORE CLOSED (DOWN) …7.1897

THE USA/YUAN OFFSHORE: (YUAN CLOSED (DOWN)…. (7.1896)

TURKISH LIRA: 30.35 EXTREMELY DANGEROUS LEVEL/DEATH WATCH/HYPERINFLATION TO BEGIN.//ON DEATH WATCH

the 10 yr Japanese bond yield at +0.708…

Your closing 10 yr US bond yield DOWN 5 in basis points from FRIDAY at 4.109% //trading well ABOVE the resistance level of 2.27-2.32%) very problematic

USA 30 yr bond yield 4.354 DOWN 4 in basis points /12.00 PM

USA 2 YR BOND YIELD: 4.328 DOWN 4 BASIS PTS.

Your 12:00 AM bourses for Europe and the Dow along with the USA dollar index closing and interest rates: MONDAY CLOSING TIME 12:00 PM

London: CLOSED DOWN 3.02 PTS OR 0.07%

German Dax : CLOSED UP 30.18 PTS OR 0.19%

Paris CAC CLOSED UP 3.50 PTS OR 0.05%

Spain IBEX CLOSED DOWN 49.20 PTS OR 0.80%

Italian MIB: CLOSED DOWN 174L33 PTS OR 0.57%

WTI Oil price 77.09 12: EST

Brent Oil: 82.66 12:00 EST

USA /RUSSIAN ROUBLE /// AT: 89.97; ROUBLE UP 0 AND 76//100

GERMAN 10 YR BOND YIELD; +2.325 DOWN 9 BASIS PTS

UK 10 YR YIELD: 3.940 DOWN 7 BASIS POINTS

CLOSING NUMBERS: 4 PM

Euro vs USA: 1.0837 UP .0020 OR 20 BASIS POINTS

British Pound: 1.2715 UP .0020 or 20 basis pts

BRITISH 10 YR GILT BOND YIELD: 3.917 DOWN 10 BASIS PTS//

JAPAN 10 YR YIELD: 0.711%

USA dollar vs Japanese Yen: 147.29 DOWN .790//YEN UP 78 BASIS PTS//

USA dollar vs Canadian dollar: 1.3411 DOWN 0.0018 CDN dollar UP 18 basis pts)

West Texas intermediate oil: 76.92

Brent OIL: 82.56

USA 10 yr bond yield DOWN 10 BASIS pts to 4.068%

USA 30 yr bond yield DOWN 9 BASIS PTS to 4.301%

USA 2 YR BOND: DOWN 4 PTS AT 4.312%

USA dollar index: 103.23 DOWN 2 BASIS POINTS

USA DOLLAR VS TURKISH LIRA: 30.35 (GETTING QUITE CLOSE TO BLOWING UP/

USA DOLLAR VS RUSSIA//// ROUBLE: 88.97 DOWN 0 AND 76/100 roubles

GOLD 2034.70 3:30 PM

SILVER: 23.21 3:30 PM

DOW JONES INDUSTRIAL AVERAGE: UP 228.83 PTS OR 0.59%

NASDAQ UP 175,26 PTS OR 1.01%

VOLATILITY INDEX: 13.65 UP .39 PTS OR 2.94%

GLD: $188,33 UP 1,32 OR 0.71%

SLV/ $21.22 UP 0.35 OR 1.70%

end

USA AFFAIRS

TODAY’S TRADING IN GRAPH FORM:

Stocks, Bonds, Bullion, & Bitcoin All Rip As Catalyst-Heavy Week Begins

MONDAY, JAN 29, 2024 – 04:00 PM

Quiet macro day today a collapse in Texas Manufacturing the only significant domestic data (but Treasury’s QRA, part 1 the most noteworthy ahead of tomorrow’s actual announcement), and that was evident in rate-cut expectations being hugely unchanged…

Source: Bloomberg

And the lack of news was enough to allow a ‘buy all the things’ narrative to continue with Treasury’s QRA suggested lower supply expectations.

Bonds were bid across the curve with the belly outperforming (short-end least bought)…

Source: Bloomberg

Gold rallied back to the highs after the QRA…

Source: Bloomberg

…as the dollar declined…

Source: Bloomberg

Bitcoin ripped higher, topping $43,000 back at two-week highs…

Source: Bloomberg

As GBTC outflows are trending lower and Friday saw net inflows…

Source: Bloomberg

And of course, stocks drifted higher all day – as they do – but then jumped notably higher on the AQR supply report…

Source: Bloomberg

With MAG7 stocks accelerating after the AQR up to new record highs…

Source: Bloomberg

And ‘most shorted’ stocks were squeezed hard (up to last week’s highs)…

Source: Bloomberg

Of course, with everything else rallying, there had to be something to sell… and it was crude oil (because, yeah, the middle-east is much calmer today)…

Source: Bloomberg

And finally, Nasdaq melted up even more today, but the rest of the week has plenty of hurdles…

Source: Bloomberg

Will the Dotcom bubble analog hold for a dip to be bought?

END

MORNING TRADING//

end

AFTERNOON TRADING

II USA DATA

Dallas Fed Mgf index collapsed in January

(zerohedge)

“Stagflation, Border Failure, & Regulatory Dysfunction” – Texas Manufacturing Collapsed In January

MONDAY, JAN 29, 2024 – 10:45 AM

The ‘soft’ data slaughterfest continues with a huge miss for The Dallas Fed’s Manufacturing Outlook survey, plunging from -9.3 to -27.4 (dramatically worse than the -11 expected).

This is the biggest miss since the COVID lockdowns and back to post-COVID lows…

Source: Bloomberg

And it gets worse…

The production index, a key measure of state manufacturing conditions, dropped 17 points to -15.4 – its lowest reading since mid-2020.

Other measures of manufacturing activity also indicated contraction this month.

The new orders index ticked down from -10.1 to -12.5 in January, while the growth rate of orders index remained negative but pushed up eight points to -14.4.

The capacity utilization index dropped to a multiyear low of -14.9, and the shipments index slipped 11 points to -16.6.

Perceptions of broader business conditions continued to worsen in January.

Additionally, wage and input costs continued to increase this month.

Smells like stagflation, which is how some respondents saw it too…

Stagflation, increased commodity costs, labor costs and benefits to retain talented staff, political upheaval, border failure and dysfunction at the regulatory level [are issues affecting our business].
Current macroeconomic conditions are not encouraging. After a busy fourth quarter, the start of 2024 has been slower than planned. My view of 2024 has changed. I had thought 2024 would be a good year, but I see signs of trouble ahead, which will be disruptive.
Demand feels weak right now.
January has been a slower month for sales relative to December (to be expected) and year over year (which was not expected). We are also seeing increasing lead times for inventory and delays at the ports, which we’ve not seen or experienced in several months. Overall, uncertainty is high, and I’m feeling less optimistic than I did last quarter.
The unnecessary, ill-advised postal rate increase conflicts with the already-weakened demand and has undermined any recovery of that type of marketing. Combined with the continued inflation on our raw materials of paper, ink and replacement parts for our machinery, nothing is helping our future.
The current state of the oil market is slowing. This is resulting in a noticeable reduction in new orders. The first and second quarters of the year will be challenging. Things may pick up near the end of the third quarter, best-case scenario. Worst-case scenario, fourth quarter or early 2025.
In order to improve our business outlook, we are adding product offerings through capital expenditures. Legacy business is declining due to competition outside of the U.S.
Our segment of the manufacturing industry is under attack with unfair trade practices. We were successful around 10 years ago in slowing down China from dumping extrusions. A coalition of companies within our industry filed unfair trade charges last year against 15 countries. Initial rulings by the International Commerce Commission last year indicate our industry has been severely damaged, which means our trade case is moving to the next step, and anti-dumping and countervailing duties more than likely are forthcoming.
Lots of bad vibes out there. But orders are not down as much as I would have expected.
We expect softening of demand in the first half of 2024, with partial recovery forecasted for the second half.
Federal Reserve rate-hike levels have all but stopped demand. There is no way to forecast six months forward.
We are very concerned about our credit line renewal in February, the loan amount being decreased and rate costs increasing.
It has been a slow start to the year as we thought business would pick up after the holidays, however, it has not. Based on current business activity, this may be a rough year.
We are investing short term in new manufacturing equipment because our competitors are now asking us to manufacture their equipment. This is increasing our sales and production of finished goods to the point that we are buying larger quantities of raw materials.
The election is the greatest influencer presently. Oil prices and Middle East “anxiety” have an adverse impact. Extreme cold after a seemingly inordinately hot summer have also added some incongruity to our production.
We have seen a decrease in quote opportunities, quote requests and sales orders. I am not sure the reason why.
[Our] heads [will be] in the sand for the next 18 months.

Which is all very odd because President Biden and Janet Yellen told us that everything is awesome and Bidenomics is doing what it’s supposed to do…?

END

Yields Tumble, Futures Soar After Treasury Unexpectedly Slashes Borrowing Estimates

MONDAY, JAN 29, 2024 – 03:30 PM

After two very “eventful” quarterly refunding announcements by the Treasury, the first of which sent yields soaring to decade highs, when the Treasury forecast higher than expected coupon issuance in July, followed by a mirror image in October, when the Treasury surprised with slightly lower coupon issuance (offset by a surge in Bill issuance)…

… moments ago the Treasury published the first part of this week’s closely watched Quarterly Refunding Announcement, when at 3pm ET it released the estimates borrowing estimates (and overall sources and uses of Treasury debt and cash) for calendar Q1 and Q2, both of which came in well below estimates.

As a reminder, in our preview last night we showed that Deutsche Bank – which was indicative of the overall street – was expecting $797BN in Q1 borrowing, followed by $472BN in total Q2 borrowings.

In the end, both numbers ended up being very high, because according to the Treasury, it now expects to borrow “only” $760 billion in debt, which is $55 billion lower than what it expected in October 2023, and is about $30BN below wall street estimates. The difference the Treasury explained is “largely due to projections of higher net fiscal flows and a higher beginning of quarter cash balance.” In other words, Treasury expects higher taxes to more than make up the $55BN difference from the previous estimate. Treasury officials speaking with reporters declined to offer a breakdown on the improvement in fiscal flows relative to previous expectations, Bloomberg reported..

Then, looking further out, during the April – June 2024 quarter, the Treasury now expects to borrow only $202 billion in debt. While there was no previous Treasury forecast for this period, Wall Street expected a number somewhere in the $500BN vicinity, so clearly this is far lower than preciously expected. To be sure, dealers have warned that there’s much more uncertainty regarding financing estimates for the second quarter. Along with the Fed’s plans for its quantitative tightening program, another unknown is prospects for Congress enacting a $78 billion tax bill — which would dramatically worsen the deficit. Of course, the Treasury forecasts do not account for that.

“The outlook for the Wyden-Smith tax bill is a major swing factor,” and at present we “flipped a coin and decided to assume that the legislation would not be approved,” Lou Crandall at Wrightson ICAP LLC said in a note before the Treasury’s Monday release. He penciled in $410 billion for net borrowing for the three months through June, ending with a $750 billion cash balance.

In other words, the Q1 numbers but especially the Q2 are… well… completely made up for lack of a better word.

Finally, turning to the just past calendar Q4, the Treasury borrowed $776 billion in debt – precisely on top of what it had expected as of 3 months ago – and ended the quarter with a cash balance of $769 billion, some $19 billion higher than the benchmark estimate of $750 billion as of Q3: “the ending cash balance was $19 billion higher due primarily to other sources of financing including lower than projected discount on marketable borrowing.”

Here is the data in table format:

The reason why the data was shocking to Wall Street is because, as we previewed yesterday, most of the Wall Street sellside had anticipated a slight boost to the borrowing estimate, in part due to the fiscal deficit widening in recent months and in part because the TBAC itself said three months ago to expect an increase in issuance this quarter. Indeed, Deutsche Bank was positively tame: consider that Jay Barry, co-head of US rates strategy at JPMorgan, predicted an $855 billion net borrowing figure for this quarter, assuming a $750 billion cash balance at the end of the period.

While the Treasury is still facing rising costs to refinance its existing debt in wake of the Federal Reserve lifting its policy rate from near zero in 2022 to over 5%, yields tumbled over the past quarter as traders bet on a pivot to easing in 2024. A potential tapering, or end, of the Fed’s bond-portfolio runoff has also boosted sentiment — a shift that would also ease borrowing pressure on the Treasury.

The backdrop has most dealers expecting the Treasury on Wednesday to announce a final round of increases to note and bond sales, at its so-called quarterly refunding.

Even more importantly, what the Treasury’s latest forecast means is that the relentless deficit boost – which was behind the economic surge (due to reduced tax payments and much higher government stimulus spending) known as Bidenomics – is coming to an end.

We disagree, and are confident that just like all the other lies in this administration, the Treasury forecast is just Yellen working on behalf of the Administration to prevent a yield spike, because if the Treasury had admitted what is really coming yields would be soaring right now. Instead, in three months time, when we get the next quarterly “actuals”, we will find that the Treasury had been off by a few hundred billion in its estimates, and how can that not be when one take a quick look at what is coming.

The numbers also mean that the Reverse Repo facility will be fully drained by Q2, and we expect that on Wednesday we will learn that the bulk of the reduction in Q1 and Q2 estimates will be due to sharply lower Bill issuance for one simple reason: there is just no more Reverse Repo cash to buy it all.

In any case, in kneejerk reaction to the Treasury new, the market was more than happy to send yields plunging…

… and stocks surging to new all time highs because we are clearly now in a period when Biden, having given up on the “But i lowered your inflation” narrative is instead gunning for the lowest common denominator: pushing stock to a new all time high by November in hopes that at least will buy him the needed votes to defeat trump.

TUCKER CARLSON..

Biden vs Texas

Watch: Gov. Abbott Tells Tucker He’s Not Backing Down, Expects Red States To Circle Wagons, & Trump Elected In November

FRIDAY, JAN 26, 2024 – 02:39 PM

Texas Governor Greg Abbott spoke with Tucker Carlson on Friday, telling him that he’s going to “do as much as possible to put up more border barriers and deny illegal entry,” and that “our head is down we are working regardless of what the Biden Administration is doing.”

Abbott told Carlson that he’s “prepared” in the event that Biden tries to take over the Texas National Guard.

“That would be a boneheaded move on his part, a total disaster,” he said. “We are prepared, in the event that that unlikely event does occur.”

“We do have other armed state employees on the border as we speak right this minute, and that’s the Texas Department of Public Safety, as well as other law enforcement officers, as well as national Guard from other states. And you can be assured there will be more national Guard from other states and more law enforcement officers within the state of Texas and other states.”

Watch:https://www.zerohedge.com/political/country-has-been-invaded-ex-fbi-brass-pen-sobering-letter-over-new-and-imminent-danger

* * *

Ten retired FBI officials and experts in counterintelligence sent a letter to Congressional leaders warning that the Biden administration’s policies have facilitated a “soft invasion” of military-age men into the United States from terror-linked areas of the world.

The letter, written on Jan. 17, before Texas Gov. Greg Abbott invoked the invasion clause of the US Constitution, suggests that a terrorist attack is likely imminent.

“The threat we call out today is new and unfamiliar. In its modern history the U.S. has never suffered an invasion of the homeland, and, yet, one is unfolding now,” the letter reads.

“Military age men from across the globe, many from countries or regions not friendly to the United States, are landing in waves on our soil by the thousands – not by splashing ashore from a ship or parachuting from a plane bur rather by foot across a border that has been accurately advertised around the world as largely unprotected with ready access granted.”

“It would be difficult to overstate the danger represented by the presence inside our borders of what is comparatively a multi division army of young single adult males from hostile nations and regions whose background, intent, or allegiance is completely unknown. They include individuals encountered by border officials and then possibly released into the country, along with the shockingly high estimate of ‘gotaways,’ meaning those who have entered and evaded apprehension,” the letter continues.

Sen. Ron Johnson (R-WI) called the letter “sobering.”

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-1&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1750604869910602022&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fpolitical%2Fcountry-has-been-invaded-ex-fbi-brass-pen-sobering-letter-over-new-and-imminent-danger&sessionId=4cf3f795e1ddedf807d809ce54649a5695412d61&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

Earlier this week, Abbott invoked Texas’ right to self-defense, deeming the migrant crisis an ‘invasion.’ In response, a coalition of 25 Republican governors have signed a letter in support of the Texas resistance.

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-2&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1750635692911153165&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fpolitical%2Fcountry-has-been-invaded-ex-fbi-brass-pen-sobering-letter-over-new-and-imminent-danger&sessionId=4cf3f795e1ddedf807d809ce54649a5695412d61&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

Meanwhile, TX Attorney General Ken Paxton posted a meme on X which reads “COME AND TAKE IT.”

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-3&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1750872281876717864&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fpolitical%2Fcountry-has-been-invaded-ex-fbi-brass-pen-sobering-letter-over-new-and-imminent-danger&sessionId=4cf3f795e1ddedf807d809ce54649a5695412d61&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

Of the more than 10 million illegal border crossers who have entered the US since Biden took office, more than 1.7 million are “gotaways” – those who have illegally entered and evaded capture since Biden has been in office. The majority of these are reportedly military age men.

“In light of such a daunting, unprecedented penetration by uninvited foreign actors, it is reasonable to assert that the country possesses dramatically diminished national security at this time. The nation’s military and laws and other natural protective barriers that have provided traditional security in the past have been thoroughly circumvented over the past three years,” the former FBI officials wrote.

The letter calls on Congress to secure the border “against these young men and those already here illegally must be identified and removed without delay.”

According to the Gazette, the authors include;

Kevin Brock, former assistant director of intelligence and former principal deputy director of the National Counterterrorism Center; Chris Swecker, former assistant director of the FBI’s Criminal Investigative Division; Timothy Healy, former director of the Terrorist Screening Center; Ruben Garcia, Jr., former executive assistant director of the Criminal, Cyber, Response and Services Branch; Mark Morgan, former assistant director for training at the FBI, former acting commissioner of U.S. Customs and Border Protection and former U.S. Border Patrol chief; David Szady, former assistant director of counterintelligence; Jody Weiss, former special agent in charge in Philadelphia; David Mitchell, former special agent in charge in Milwaukee; William Gavin, former assistant director of the FBI’s Inspection Division and Timothy McNally, former assistant director of the FBI’s Los Angeles division.

end

III USA ECONOMIC COMMENTARIES

Mess In The West: ‘Army Of God’ Convoy Heads To US Border While EU Farmers Block Cities

MONDAY, JAN 29, 2024 – 04:15 AM

In the US, a convoy of truckers, calling themselves “God’s Army,” is preparing to embark on a journey from several locations across the Lower 48 to the southern border as tensions soar between Texas and the Biden administration. Meanwhile across the Atlantic, farmers are bearing down on Europe’s capitals – from Bucharest to Warsaw to Brussels – venting frustrations about climate policies. These social instabilities are breaking out ahead of key European and US elections this year.

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-0&features=eyJ0ZndfdGltZWxpbmVfbGlzdCI6eyJidWNrZXQiOltdLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2ZvbGxvd2VyX2NvdW50X3N1bnNldCI6eyJidWNrZXQiOnRydWUsInZlcnNpb24iOm51bGx9LCJ0ZndfdHdlZXRfZWRpdF9iYWNrZW5kIjp7ImJ1Y2tldCI6Im9uIiwidmVyc2lvbiI6bnVsbH0sInRmd19yZWZzcmNfc2Vzc2lvbiI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9LCJ0ZndfZm9zbnJfc29mdF9pbnRlcnZlbnRpb25zX2VuYWJsZWQiOnsiYnVja2V0Ijoib24iLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X21peGVkX21lZGlhXzE1ODk3Ijp7ImJ1Y2tldCI6InRyZWF0bWVudCIsInZlcnNpb24iOm51bGx9LCJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3Nob3dfYmlyZHdhdGNoX3Bpdm90c19lbmFibGVkIjp7ImJ1Y2tldCI6Im9uIiwidmVyc2lvbiI6bnVsbH0sInRmd19kdXBsaWNhdGVfc2NyaWJlc190b19zZXR0aW5ncyI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9LCJ0ZndfdXNlX3Byb2ZpbGVfaW1hZ2Vfc2hhcGVfZW5hYmxlZCI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9LCJ0ZndfdmlkZW9faGxzX2R5bmFtaWNfbWFuaWZlc3RzXzE1MDgyIjp7ImJ1Y2tldCI6InRydWVfYml0cmF0ZSIsInZlcnNpb24iOm51bGx9LCJ0ZndfbGVnYWN5X3RpbWVsaW5lX3N1bnNldCI6eyJidWNrZXQiOnRydWUsInZlcnNpb24iOm51bGx9LCJ0ZndfdHdlZXRfZWRpdF9mcm9udGVuZCI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9fQ%3D%3D&frame=false&hideCard=false&hideThread=false&id=1751583390803915037&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fmess-west-army-god-convoy-heads-us-border-while-eu-farmers-block-cities&sessionId=5462f27d1acee406645c101dd1358db9bf88ea21&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

The organizers of the “Take Our Border Back” convoy are “calling all active & retired law enforcement and military, Veterans, Mama Bears, elected officials, business owners, ranchers, truckers, bikers, media and LAW ABIDING, freedom-loving Americans” to “assemble in honor of our US Constitution and Bill of Rights” at the southern border, in protest against the federal government’s inability to secure the border, according to the convoy’s website.

“Fellow citizens and compatriots … I call on you in the name of liberty, of patriotism and everything dear to the American character to come to our aid with all dispatch,” Pete Chambers, one of the coalition’s leaders, wrote. “If this call is neglected, we are determined to sustain ourselves as long as possible and act like soldiers who never forget what is due to our own honor and that of our country.”

The convoy plans to “send a message” to government officials at all levels about the need to secure the board amid the multi-year invasion of millions of illegals. Chambers believes Americans are “besieged on all sides” by evil “dark forces.”

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-1&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1751023247947428207&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fmess-west-army-god-convoy-heads-us-border-while-eu-farmers-block-cities&sessionId=5462f27d1acee406645c101dd1358db9bf88ea21&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

As we’ve noted, journalists have uncovered a “shadowy network” of what appears to be taxpayer-funded non-government agencies, facilitating the most massive border invasion this nation has ever seen.

Last week, Texas Governor Greg Abbott declared the migrant crisis an “invasion” and invoked Texas’ constitutional authority to defend and protect itself.

Abbott stated, “That authority is the supreme law of the land and supersedes any federal statutes to the contrary. The Texas National Guard, the Texas Department of Public Safety, and other Texas personnel are acting on that authority, as well as state law, to secure the Texas border.”

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-2&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1750938629730361854&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fmess-west-army-god-convoy-heads-us-border-while-eu-farmers-block-cities&sessionId=5462f27d1acee406645c101dd1358db9bf88ea21&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

The Biden administration could’ve easily secured the border with an executive order … but radicals in the White House don’t want to waste a good crisis ahead of the presidential election in 281 days.

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-3&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1751413750114959782&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fmess-west-army-god-convoy-heads-us-border-while-eu-farmers-block-cities&sessionId=5462f27d1acee406645c101dd1358db9bf88ea21&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

Meanwhile…

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-4&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1751578947970576860&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fmess-west-army-god-convoy-heads-us-border-while-eu-farmers-block-cities&sessionId=5462f27d1acee406645c101dd1358db9bf88ea21&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

Across the Atlantic, farmers have been venting their anger in several of Europe’s capitals that will likely “slow the implementation of environmental reforms in the European Union and make it harder for Brussels to negotiate free trade agreements,” according to research firm Stratfor.

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-5&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1751501131480768679&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fmess-west-army-god-convoy-heads-us-border-while-eu-farmers-block-cities&sessionId=5462f27d1acee406645c101dd1358db9bf88ea21&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-6&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1751364467835699614&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fmess-west-army-god-convoy-heads-us-border-while-eu-farmers-block-cities&sessionId=5462f27d1acee406645c101dd1358db9bf88ea21&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-7&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1751164285399523433&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fmess-west-army-god-convoy-heads-us-border-while-eu-farmers-block-cities&sessionId=5462f27d1acee406645c101dd1358db9bf88ea21&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

“Farmers across Europe have taken to the streets in recent weeks to voice their discontent over their governments’ economic, environmental and trade policies,” Stratfor continued. And this is all happening ahead of June’s European elections.

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-8&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1751578097890230286&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fgeopolitical%2Fmess-west-army-god-convoy-heads-us-border-while-eu-farmers-block-cities&sessionId=5462f27d1acee406645c101dd1358db9bf88ea21&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

Uprisings in the West, among the working class, objecting to unpopular “globalist” policies are happening ahead of major elections.

END

“High Crimes And Misdemeanors”: House Unveils Impeachment Articles Against Mayorkas Over Border Quagmire

SUNDAY, JAN 28, 2024 – 09:35 PM

House Republicans on Sunday released articles of impeachment against Homeland Security Secretary Alejandro Mayorkas, alleging he has committed “high crimes and misdemeanors” in his mishandling of the southern US border.

According to the first article, Mayorkas is accused of:

Willful and Systemic Refusal to Comply with Federal Immigration Laws: This includes allegations of repeated violations of immigration and border security laws, contributing to illegal entries and compromising national security.
Failure to Comply with Detention Mandates: Accusations of implementing catch and release schemes, contrary to specific detention requirements in the Immigration and Nationality Act.
Exceeding Parole Authority: Claims that Mayorkas paroled aliens en masse, violating the case-by-case basis required by law.
Misrepresentation and False Statements to Congress: Allegations of making false claims about the security and control of the border.
Obstruction of Lawful Oversight: Accusations of failing to comply with congressional subpoenas and hindering investigations by the DHS Office of Inspector General.
Abandonment of Effective Border Security Initiatives: Claims that he neglected established border security measures without adequate alternatives, leading to increased illegal entries.
Failure to Enforce Immigration Laws and Control the Border: Accusations of failing to control illegal entries and the influx of unaccompanied alien children.
Diversion of Border Patrol Resources: Allegations that his policies led to the diversion of Border Patrol agents from their primary duties.
Increase in Encounters with Aliens on the Terrorist Watchlist: Claims of a significant increase in encounters with potentially dangerous individuals during his tenure.
General Neglect of Duty and Public Trust: Broad accusations of neglecting statutory duties related to immigration and border control.

https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-0&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1751636857417351269&lang=en&origin=https%3A%2F%2Fwww.zerohedge.com%2Fpolitical%2Fhigh-crimes-and-misdemeanors-house-unveils-impeachment-articles-against-mayorkas-over&sessionId=2e21be92d7ed4f4470ce8c3972fb800e040d5b6a&siteScreenName=zerohedge&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px

As Just the News reports, a markup of the articles is scheduled for Tuesday, following a multi-phase, year-long investigation into Mayorkas.

“Congress has a duty to see that the executive branch implements and enforces the laws we have passed,” said House Homeland Security Committee Chairman Mark Green (R-TN), the Washington Post reports. “Yet Secretary Mayorkas has repeatedly refused to do so.”

END

IIIB USA COMMENTARIES RE ISRAEL/HAMAS WAR/ and PERVASIVE ANTISEMITISM/WOKISM

END

FREIGHT ISSUES/USA

END

VICTOR DAVIS HANSON

END

SWAMP STORIES

“Legal System Out Of Control” – Trump Rages At $83M Damages In (Second) Carroll Defamation Case

FRIDAY, JAN 26, 2024 – 04:44 PM

Former President Trump has been ordered to pay $83.3 million in E. Jean Carroll’s civil defamation trial.

Trump-@ejeancarroll verdict says Carroll proved more than nominal defamation by Trump.
So Trump has to pay:
$7.3 million for compensatory damages.
$11 million for reputation repair.
$65 million in punitive damages.
Total: $83.3 million.— Michael Beschloss (@BeschlossDC) January 26, 2024

Carroll accused Trump of having sexually assaulting her in the mid-1990s at a Bergdorf Goodman department store dressing room in Manhattan. While the alleged attack happened decades ago, Carroll sued under New York’s Adult Survivors Act, which allows victims to sue for civil damages beyond the statute of limitations.

“I am filing this on behalf of every woman who has ever been harassed, assaulted, silenced, or spoken up only to be shamed, fired, ridiculed and belittled,” Carrol said last year.

Notably, the judge in the case (Kaplan), forbade Trump or his attorneys from arguing that he didn’t sexually assault Carroll.

The judge reminded the jury to accept the earlier trial’s verdict.

When he noted the trial established Trump “inserted his finger into her vagina,” the former president reportedly jolted from his seat and wore an expression of disgust.

Trump said on the witness stand that he denied Carroll’s claims because he “wanted to defend myself,” which the judge told the jury to ignore.

In closing arguments for Carroll Friday morning, her attorney argued that Trump acted as if he was above the law by lying, saying that the former president “ignored the other jury verdict as if it never happened,” and even repeated the claims at a press conference during the second trial.

“Donald Trump engaged in the very same defamation after the trial,” attorney Roberta Kaplan (no relation) said.

Trump then stood up, buttoned his suit jacket, and stormed out of the courtroom.

After Trump stormed out, Judge Kaplan briefly interrupted the closing argument and said:

“The record will reflect that Mr. Trump just rose and walked out of the courtroom.”

Fuck It

Prior to Friday’s closing arguments, Trump attorney Alina Habba became frustrated after the judge forbade her from including examples of tweets not entered into evidence during the trial.

“No. No. Your honor, I have been—” Habba began to say.

“Ms. Habba, you are on the verge of spending some time in the lockout,” replied the judge, cutting her off. “Now sit down.”

“Fuck it,” Habba muttered upon sitting down.

The jury reached its decision after slightly less than three hours of deliberations.

“My advice to you is that you never disclose that you were on this jury,” the judge said, per Politico.

Carroll’s attorney also Friday asked the jury to order Trump to pay at least $24 million in damages, according to multiple outlets; so $83 million is a huge victory for virtue.

Add that to the $5 million Carroll was awarded in her 2023 case against Trump.

Trump raged against the result on his social media site TruthSocial, calling it “absolutely ridiculous.”

“I fully disagree with both verdicts, and will be appealing this whole Biden Directed Witch Hunt focused on me and the Republican Party,” he said.

https://truthsocial.com/@realDonaldTrump/111824480073262515/embed

Trump has promised an appeal.

end

What a sham!!. This woman made up the story about Trump and this fake escapade with E. Jean Carroll

(Phillip/s EpochTimes))

Trump Lawyer Says ‘Experts Were Denied’ By New York Judge

MONDAY, JAN 29, 2024 – 09:40 AM

Authored by Jack Phillips via The Epoch Times (emphasis ours),

An attorney for Donald Trump has claimed that her experts were denied the chance to testify before a New York jury that ultimately ruled in favor of a writer who accused the former president of defamation.

Attorney Alina Habba told reporters on Jan. 26 that presiding Judge Lewis Kaplan allegedly made sure that “every single defense that President Trump had” was not raised in the case. She said her team’s “experts were denied” and couldn’t take the stand.

Her comments came just hours after a jury ruled that President Trump should pay $83.8 million to writer E. Jean Carroll, finding that he defamed her in 2019 when he denied accusations that he assaulted her decades earlier. It was the second time Ms. Carroll was awarded damages from the former president after making those accusations, which he denies to this day.

Ms. Habba accused Ms. Carroll’s attorney, Roberta Kaplan, of bringing in a witness who was “paid for by” her firm.

“That is a violation of everything I stand for, and that is why I stand with Trump, and that is why so many Americans are so proud that he is running again and so excited to run to the ballot box but don’t get it twisted, we are seeing a violation of our justice system,” she said.

During the trial, the judge threatened to jail Ms. Habba and kick President Trump out of the courtroom for what he described as “disruptive behavior.” The former president has asserted that Judge Kaplan, a Clinton appointee, is a partisan actor and biased against him.

Before the case was heard by a jury, Judge Kaplan had already ruled that he believed President Trump defamed Ms. Carroll. The jury was considering the damages that should be paid.

After the jury rendered the decision, Ms. Habba said she was “so proud to stand with President Trump.”

“But I am not proud to stand with what I saw in that courtroom,” she told reporters.

“I have sat on trial after trial for months in this state, the state of New York, Attorney General Letitia James and now this. Weeks, weeks. Why? Because President Trump is leading in the polls, and now we see what you get in New York.”

Appeal

The jury of seven men and two women, whose members were kept anonymous, awarded Ms. Carroll $18.3 million in compensatory damages, including $11 million for harm to her reputation. She also was awarded $65 million in punitive damages, which she said was needed to stop President Trump from continuing to defame her.

But President Trump has long said that he had never heard of Ms. Carroll and that she made up her story to boost sales of her memoir. His lawyers argued in the trial that she was hungry for fame and enjoyed the attention of supporters for speaking out against her nemesis, which she has denied.

Ms. Carroll’s lawyer said during her closing argument that President Trump acted toward her client as though he were not bound by the law and that he should pay “dearly.”

On Jan. 25, the former president testified but spent only four minutes on the witness stand because the judge forbade him from revisiting issues that the first trial had settled. He stood behind his October 2022 deposition testimony, which jurors had seen, in which he called Ms. Carroll’s claims a “hoax” and said she was “mentally sick.”

Ms. Habba predicted that the Trump appeal would succeed.

“President Trump is leading in the polls, and now we see what you get in New York,” she told reporters. “It will not deter us; we will keep fighting, and I assure you we didn’t win today, but we will win.”

On social media, the former president said that he “will be appealing this whole Biden-directed witch hunt focused on me and the Republican Party,” referring to the Jan. 26 decision.

“Our legal system is out of control and being used as a political weapon,” he said.

The New York Times reported that the former president does not have to pay Ms. Carroll the $83 million penalty until he is finished with all of his appeal options available. It also noted that he could attempt to obtain a bond, which would save him from having to pay the full amount to the writer.

Reuters contributed to this report.

Lyin’ Biden: Speaker Johnson Debunks ‘Need’ To Pass Ukraine-Israel Funds Before Securing Border

SATURDAY, JAN 27, 2024 – 07:15 PM

House Speaker Mike Johnson has dispelled President Joe Biden’s absolute lie that Congress needs to act to pass a $110 billion aid package which would include money for Ukraine, Israel and Taiwan – a bill, mind you, that would still allow as many as 150,000 illegal crossings per month, or 1.8 million per year, before any of the proposed border shutdown authorities would be triggered.

“President Biden falsely claimed yesterday he needs Congress to pass a new law to allow him to close the southern border, but he knows that is untrue,” said Johnson.

“As I explained to him in a letter late last year, and have specifically reiterated to him on multiple occasions since, he can and must take executive action immediately to reverse the catastrophe he has created.“

Recall that Biden signed three executive orders on day one of his presidency which reversed significant border protections put into place by former President Trump, and made it clear to migrants worldwide that the door was now open.

President Trump, meanwhile, is circling on this like a shark – telling a crowd on Saturday in Las Vegas “When I’m President, instead of trying to send Texas a restraining order, I will send them REINFORCEMENTS!”

President Trump: “When I’m President, instead of trying to send Texas a restraining order, I will send them REINFORCEMENTS!”

President Trump: "When I'm President, instead of trying to send Texas a restraining order, I will send them REINFORCEMENTS!" pic.twitter.com/6qSmLkBGaW
— Trump War Room (@TrumpWarRoom) January 27, 2024

David Sacks breaks things down perfectly (via X):

WHAT’S REALLY HAPPENING IN WASHINGTON

Neocons had a problem. The big Spring-Summer Counteroffensive, which was supposed to kick the Russians out of Ukraine, was a miserable failure. Even TIME Magazine was reporting that Zelensky is delusional, the Ukrainians are running out of soldiers, and Ukrainian officials are stealing like there’s no tomorrow.

House Republicans, fearing their base, began to have cold feet about throwing more money down this bottomless pit. So Biden and the Neocons came up with a plan: package Ukraine aid with border security. Each side would get want it wants.

But Senate RINOs couldn’t help themselves — they turned the border security provisions into an amnesty bill.

Meanwhile Biden picked a fight with Texas over what little remains of our border security, reminding Republicans that he can’t be trusted to faithfully execute the law. So now the deal has fallen apart.

So what is the Administration to do? There’s only ever one answer for that: blame Trump. Supposedly he is responsible for Ukraine losing the war AND the southern border being overrun. In reality, Biden and his handlers have nobody to blame but themselves for both policies.

Shakespeare put it best: “The fault, dear Brutus, is not in our stars but in ourselves.”

DeSantis lays out the problem with the amnesty bill

https://www.zerohedge.com/political/lyin-biden-speaker-johnson-debunks-need-pass-ukraine-israel-funds-securing-border

ttps://www.zerohedge.com/political/lyin-biden-speaker-johnson-debunks-need-pass-ukraine-israel-funds-securing-border

END

THE KING REPORT

The King Report January 29, 2024 Issue 7168

Independent View of the News

US Economic Data Released on Friday Dec Personal Income 0.3% as expected Dec Personal Spending 0.5%, 0.3% expected Dec PCE Deflator 0.2% m/m & 2.6% y/y as expected Dec PCE Core Deflator 0.2 m/m & 2.9% y/y, 0.2% & 3% expected Dec Pending Home Sales +8.3% m/m & -1% y/y, -4.3% m/m & -4.3% y/y expected
Government Worker Wage Growth Hits Record High as Fed’s Favorite Inflation Signal Slows
While Durable Goods YoY deflation continued in December, non-durable goods costs actually accelerated YoY… (The BEA’s Q4 GDP Report has Non-durables -1.0% vs. +3.9% in Q3!)
https://www.zerohedge.com/personal-finance/savings-rate-slumps-feds-favorite-inflation-signal-hits-2-handle

Billionaire bond king questions unemployment data: ‘Hard to believe’
Jeffrey Gundlach notes 88% of US states report rising unemployment numbers
https://www.foxbusiness.com/markets/billionaire-bond-king-questions-unemployment-data-hard-believe.amp

US government officials have manipulated economic data for decades. However, in their zest to re-elect The Big Guy and keep Trump from exacting retribution on The Swamp, US economic statisticians have crafted economic data that is blatantly fraudulent. Politically sensitive metrics, notably NFP, CPI, and GDP are palpably bogus. The BEA last week produced an absurd GDP Price Deflator of 1.5% that greatly boosted Q4 GDP. Yet no one in the financial media or Street ‘experts’ noticed the obvious fraud.

ESHs traded moderately lower during early Asian trading due to Intel’s alarming guidance. During the final two hours of Nikkei trading, ESHs declined sharply. ESHs hit a daily low of 4898.50 at 2:48 ET. The rally for the European opening was modest. However, a robust rally commenced at 4:19 ET.

ESHs rallied sharply until the release of US economic data at 8:30 ET caused wide swings. Bulls got jiggy on the 0.1 better PCE Core Deflator (2.9% y/y). However, some traders were concerned about the 0.5% increase in Personal Spending (0.3% m/m consensus).

ESHs eventually hit a daily high of 4934.25 at 10:58 ET. After a moderate retreat, ESHs traded sideways until they broke down at 12:30 ET. ESHs hit a NYSE session low of 4907.50 at 13:54 ET. It was time to get long for the expected Friday afternoon rally. ESHs meandered up to 4923.00 at 14:49 ET and then rolled over. After retreating to 4912.75 at 15:40 ET, ESHs rallied modestly and then fell into the close.

USHs rallied from the Nikkei opening until they hit a daily high of 120 12/32 at 2:31 ET. They then commenced a decline that persisted until they hit a daily low of 119 12/32 at 10:16 ET. A rebound rally took USHs to 110/31 at 12:05 ET. USHs then sank to 119/15/32 at 14:11 ET; but then rallied to 119 27/32 at the NYSE close.

JPM CEO Dimon got more political than usual on Friday. Dimon: Cutting Taxes for Lower-Income People ‘Is a No-Brainer’ – BBG 11:21 ET Dimon Says Rich Should Pay More to Fund Low-Income Tax Cuts – BBG Dimon: Businesses Need to Get More Involved in Public Policy – BBG 11:25 ET Dimon Says America Needs to Get Better at Making Policies – BBG 11:47 ET Dimon: Work Incentives Vital to Boost Workforce Engagement – BBG 11:47 ET Dimon Calls for Stronger Military to Ensure World Security – BBG 11:52 ET
Big banks are suckling pigs that owe their sustenance and eminence to their exclusive access to the nursing mechanisms of big government and the Fed. Also, businesses are overly involved in public policy via the billions that they bestow on politicians and lobbyists.

Jamie, do you realize that lower-income people pay little or no federal income taxes? You can look it up!

Who pays, and doesn’t pay, federal income taxes in the U.S.?
Tens of millions of Americans owed little or no federal income tax, especially after factoring in the effects of refundable tax credits, such as the child and earned-income credits. In 2020, the IRS received nearly 5.3 million individual tax returns that showed no AGI and hence no taxable income…
     Another 60.3 million returns showed AGIs of less than $30,000. The average effective tax rate for those taxpayers was 1.5%, even before refundable tax credits were applied…
https://www.pewresearch.org/short-reads/2023/04/18/who-pays-and-doesnt-pay-federal-income-taxes-in-the-us/

Tax Policy Center: Most low-income households do not pay federal income taxes, typically because they owe no tax… or because tax credits offset the tax they would owe… However, nearly all low-income workers are subject to the payroll tax… Households can have negative federal income tax rates if they receive refundable tax credits… https://www.taxpolicycenter.org/briefing-book/how-does-federal-tax-system-affect-low-income-households

US public debt on 1/27/23: $31.457T; US public debt on 1/25/24: $34.136T, +$2.68T y/y or 9.6% of US Nominal GDP ($27.94T).  $2.68T minus cash raised above spending is the real y/y budget deficit.
https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny

JPMorgan Chase CEO Jamie Dimon warns US economy heading towards ‘the cliff’ predicts debt ‘rebellion’ https://t.co/6EFJ90Wsxx

@bespokeinvest: $7.29 for one McDonald’s Egg McMuffin. What has the world come to?? These were 2 for $2 pretty recently.  https://twitter.com/bespokeinvest/status/1751249958575976671

The Cleveland Fed’s median PCE #inflation rate was 0.2% in December and 3.8% on a year-over-year basis. Latest update: https://t.co/f7jlGUntOF

@Jkylebass: Tell your wallet it’s a ‘spurious impression’ when you have to buy a new house. Here’s FHFA’s own housing index. I’m sure you can calculate how ‘stubborn’ inflation has been. The POOR and MIDDLE CLASS have been DECIMATED.  https://twitter.com/Jkylebass/status/1751245140855841011

Positive aspects of previous session
The DJIA rallied 60.30

Negative aspects of previous session
Fangs and the DJTA declined moderately; Nasdaq declined sharply
Gasoline and WTI oil rallied sharply

Ambiguous aspects of previous session
Bonds vacillated between moderate gains and losses

First Hour/Last Hour Action [S&P 500 Index]: 1st Hour from NYSE Open: Up; Last Hour: Down

Pivot Point for S&P 500 Index [above/below indicates daily trend to traders]: 4893.04
Previous session S&P 500 Index High/Low: 4906.69; 4881.47

@axios: Biden last week pressed Netanyahu to scale down the Israeli military operation in Gaza, stressing he is not in it for a year of war. A Biden adviser told Axios the White House is very concerned about losing young voters.

Arab-American leaders call off meeting with Biden’s campaign boss in Michigan: ‘Not welcome here’ https://t.co/qVLVMV0jzV

@_StephanieMyers: The UNRWA says it received information from Israel indicating that 12 employees were involved in the October 7 terrorist attacks. Since the report came within the last day… – The State Department has temporarily paused additional funding for UNRWA during review of allegations…
   Back in 2018, the Trump administration cut off funding to the UNRWA. The Biden administration restored funding in 2021…

@RNCResearch Dec 11, 2023: Biden State Department spokesman Matt Miller praises UNRWA — which employs Hamas terrorists and terrorist sympathizers, is complicit in storing Hamas weapons, and whose schools teach kids to hate Jews — as “essential” in Gaza
https://twitter.com/RNCResearch/status/1734300382996680781

Fox’s @JacquiHeinrich on Fri, Jan 26, 2024: Iran proxy groups attacked U.S. forces at four separate locations in Iraq and Syria today. There have now been 159 attacks on U.S. forces since October 17th when the attacks began. There are no injuries or damage to the bases from these attacks.

Biden administration announces pause on approvals of natural gas exports  https://t.co/7RD9WEOuVU

GOP Sen. @SenTedBuddNC: The Biden administration is putting radical, left-wing environmentalists ahead of American families, American workers, and the needs of America’s allies. Congress must immediately reverse this self-defeating and harmful policy.

@SenBillCassidy: Today, I led 25 of my GOP colleagues in blasting @POTUS for pausing all pending non-FTA export permit applications. LNG exports are lifelines for our allies. Without them, European leaders will have to decide between depriving their citizens of energy or actively funding Putin.

@DC_Draino: Biden gave Gov. Abbott a 1 PM EST deadline to remove his National Guard troops. Abbott refused. So, Biden issued punitive sanctions against Texas by pausing liquid natural gas development opportunities, which will directly hurt the Texas economy. That’s not a coincidence. This is how evil Biden is.  He is suffocating Texas jobs b/c Gov. Abbott is protecting our border.

The Big Guy is lucky to put on matching socks in the morning. These WH decisions and actions are coming from Team Obama leftists that handle and mange The Big Guy.

Some details of the immigration deal that is being negotiated secretly in the Senate were released on Friday night.  The scheme would allow 5,000 immigrants to enter the US per day. THEN, the president COULD, if he chooses, close the borders. 5k/day is 1.825 million per year. Non-RINOs went postal upon learning of this self-destructive plan.  Biden already has the power to close the border!

@ByronYork: The man who broke the border says the border is broken, and he is the one to fix it. He wants the authority — which he already has — to ‘shut down’ the border ‘when it becomes overwhelmed.’Even if he used it, which he likely would not, because he hasn’t used the authority he already has … the effect would be to regularize the flow of 5,000 illegal crossers into the United States every day. Remember in the Obama years, when officials said 1,000 a day would overwhelm the system? Now Biden wants to make 5,000 a day — OK, 4,999 — the new benchmark of what is acceptable. And no one should believe Biden would even enforce that. Why would Congress do such a thing?

Biden vows to ‘shut down’ an overwhelmed border if Senate deal passes (He can shut it down now!)
Biden’s allies have acknowledged the difficult political quandary the president faces on immigration, an area where he faces some of his worst approval ratings…
https://www.washingtonpost.com/politics/2024/01/26/biden-vows-shut-down-an-overwhelmed-border-if-senate-deal-passes/

DeSantis: “This border deal is a farce. Joe Biden could stop the invasion cold if he wanted to. He does not want to. The appropriate number of illegal entries is zero.”

Texas AG Ken Paxton: Today, I denied the Biden Administration’s unfounded requests & issued counter-demands. By February 15, DHS must supply the official plat maps & deeds demonstrating the precise parcels to which they claim ownership, an explanation of how Texas is preventing access to those specific parcels, documentation showing that Eagle Pass or Texas ever granted permission for DHS to erect infrastructure that interferes with border security, & proof of Congress empowering DHS to turn a Texas park into an unofficial & illegal port of entry. If the federal gov. is going to make such claims, it must provide proof…  https://twitter.com/KenPaxtonTX/status/1751072014440313192?s=02

Biden’s third-year job approval worst since Jimmy Carter: Gallup https://trib.al/oGXyPMw

You can imagine what The Big Guy’s approval ratings would be with a neutral or fair legacy media!

@RNCResearch: A VERY confused Joe Biden starts absolutely SCREAMING as he recounts the recycled “suckers and losers” hoax — slurring the entire way. The man is NOT well.
https://twitter.com/RNCResearch/status/1751409035222425859

@TheFirstonTV: JOE BIDEN: Asay-Luh-mo, Asylo offishers… En-over 100 cutting edge eshpecta-jeddy-spection machines! To stop Fentanyl komma-shass-ah-ah southwest border!” https://t.co/Cf5vUdIXHp

@RNCResearch: Biden shuffles into church about 15 minutes after the service started in Columbia, South Carolina. (Just like Bill Clinton, Biden scurries to a black church when he is ‘in trouble.’)
https://twitter.com/RNCResearch/status/1751625488009777392

5 Ukrainian officials arrested over theft of $40 million in war funds as Ukraine corruption persists https://t.co/Z1u94DLA2o

CNN: Three US troops killed in drone attack in Jordan, at least two dozen injured
Officials said the drone was fired by Iran-backed militants and appeared to come from Syria…
https://www.cnn.com/2024/01/28/politics/us-troops-drone-attack-jordan

GOP erupts at Biden, call for retaliation against Iran after death of 3 US soldiers: ‘Hit them hard’ https://t.co/5nDKsTS9dp

Today – This is Fed Week. Historically there is a rally into the release of the FOMC Communique on Wednesday.  This week is also the peak of Fang results. Microsoft and Google report tomorrow; Meta, Apple, and Amazon report on Thursday. The rally for earnings season usually peaks near the release of Apple’s results. Add in the upward seasonal bias for January performance gaming and start-of February buying, and you have the technical and seasonal ingredients for some type of stock market top.

Expected Economic Data: Jan Dallas Fed Mfg. Activity -11.8; Expected earnings: no impact results

ESHs hit -14.50 at 18:00 ET on escalating Middle East tension. They recovered to -5.00 at 20:30 ET on conditioned buying for the expected Monday Rally. USHs are +11/32 and April AU is +5.40.

S&P Index 50-day MA: 4687; 100-day MA: 4512; 150-day MA: 4498; 200-day MA: 4422
DJIA 50-day MA: 36,796; 100-day MA: 35,304; 150-day MA: 35,112; 200-day MA: 34,738
(Green is positive slope; Red is negative slope)

S&P 500 Index – Trender trading model and MACD for key time frames
Monthly: Trender and MACD are positive – a close below 4026.83 triggers a sell signal
Weekly: Trender and MACD are positive – a close below 4583.55 triggers a sell signal
Daily: Trender and MACD are positive – a close below 4818.13 triggers a sell signal
Hourly: Trender and MACD are negative – a close above 4904.60 triggers a buy signal

Joe Biden met chairman of Chinese company that paid family millions: former Hunter associate
In each case, Walker received about $3 million from the foreign party and then appeared to keep one-third of the amount for himself before passing a third to the Bidens and another third to partner James Gilliar. One of the most potentially significant lines of questioning pertained to when exactly the CEFC relationship started — as the money began to flow less than two months after Joe Biden left the vice presidency. The first source familiar with Walker’s deposition said that he testified the $3 million was compensation for duties performed while Biden was still vice president — amounting to a “thank you” for that past work… (Withheld payments until after The Big Guy left office? How cute!)
https://nypost.com/2024/01/26/news/biden-family-associate-rob-walker-appears-for-impeachment-inquiry/amp/

@rkylesmith: Biden wearing a hard hat backwards is the most unfortunate display of headgear in presidential campaign history; Dukakis’s Beetle Bailey helmet is now bumped to second place https://t.co/cQacry3OBi

Top Republican leading Mayorkas impeachment says ‘terrifying’ viral video of illegal migrant ominously warning ‘you will find out who I am’ after crossing border is evidence of Biden’s lax policies allowing TERRORISTS to enter the US
https://www.dailymail.co.uk/news/article-13010601/republican-leading-mayorkas-impeachment-terrifying-video-illegal-migrant-ominously-warning.html

FBI luminaries starkly warn Congress that U.S. being invaded at border: ‘Alarming and perilous’
“In its modem history the U.S. has never suffered an invasion of the homeland and, yet, one is unfolding now,” the FBI executives wrote in letter to congressional leadership
https://justthenews.com/government/security/fbi-luminaries-starkly-warn-congress-us-being-invaded-border-alarming-and

Frustrated Chicago Democrat calls for Windy City’s sanctuary city status to be scrapped because funds for low-income locals are being ‘divested’ into worsening migrant crisis https://trib.al/Gh8fo6Z

FBI Seizures from Safe Deposit Boxes Violated US Constitution: Federal Court https://t.co/U8DfVTbjt2

Of course, there will be no penalty for the FBI’s unconscionable and unconstitutional actions.

After Navarro’s sentencing, Rep. Loudermilk questions equal justice for defying subpoenas
“Is there going to be equal justice across the board?” Loudermilk asked, after former Trump advisor Peter Navarro was sentenced to four months in prison…
    Navarro was found guilty of one contempt count related to his refusal to appear for a deposition and another count related to his refusal to produce documents in response to the congressional subpoena.
    Observers wonder if a similar fate awaits Hunter Biden…  https://t.co/yaQfKtG0WY

@ABC: New York City Mayor Eric Adams is classifying social media as a “public health hazard” and an “environmental toxin,” saying young people must be protected from “harm” online

END

GREG HUNTER INTERVIEWING KAREN KINGSTON

CV19 Vax is Anti-Christ Technology– Karen Kingston

CV19 Vax is Anti-Christ Technology– Karen Kingston

By Greg Hunter On January 27, 2024 In Political Analysis93 Comments

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Karen Kingston is a biotech analyst and former Pfizer employee who has been reporting on the nightmare of the CV19 vax that she tagged as a bioweapon from the very beginning. She was the first to say the CV19 vax was created to hurt and kill people. She was one of the first to warn people not to take the CV19 vax. Kingston predicted that “vaccine” makers wanted to get people sick and then come up with new treatments to make money off the people they caused to get sick. She has been reporting on the nightmare of these “vaccines.” Kingston has new analysis on three important current stories that show people around the world are finally waking up to this crime against humanity. First stop Japan, where top doctors there are calling for all mRNA CV19 vaccines to be stopped now. Kingston says, “It’s always darkest before the dawn. It was two and a half years ago that I was on your show saying these were not biologics. They are advanced gene editing technology that are meant to cause disease, disability, infertility and death, and they need to be stopped to protect humanity and all lifeforms. Now, top professors and doctors out of Japan . . . just did a national press conference where they said over six months, they have done a review of thousands and thousands of peer reviewed publications, and when you do that, you will find they are not biologics. The doctors and researchers found that those who say these are very good vaccines . . . basically, said you are fools . . . and you caused humanity to be thrown into this abyss of hell. . . . They not only say do not give mRNA lipid nanoparticle to people, but they say this is the number one threat to the planet. I pointed out that this is truly demonic technology, and I was condemned. Recently, the Surgeon General of Florida called it the anti-Christ technology.”

Kingston also has been following the so-called “Pandemic Agreement” being pushed by the UN’s World Health Organization (WHO). Kingston says, “They are working on the Pandemic Agreement, and they say they are not going to have any regard for human rights. 140 nations have come back and say we have amendments we want to make to it. . . . They also want to manufacture the vaccines . . . and they want a piece of the profits. . . . Bill Gates, Pfizer and the US government do not want to give up royalties, and I think they don’t want people to know what they were injected with. In this situation, I think greed may be good to quote Gordon Gekko.”

In short, the “Pandemic Agreement” does not look like it is going to be approved and implemented. Martin Armstrong predicts the same outcome for the UN/WHO Pandemic Agreement.

Finally, an update on Ken Paxton’s (Texas Attorney General) case against Pfizer. Paxton is suing the company for fraud over their CV19 vax. Kingston says, “The most effective way to wake people up is to do a class action lawsuit. I think this is why the Texas lawsuit is so very important. . . . As time goes by, people are going to be sitting at home, and they will see an ad that asks . . . . ‘Are you having heart complications, blood clotting. . . were you injected by a Pfizer vaccine? You may be entitled to a million dollars. Call 1-800-SUE PFIZER.’ That snaps the brain on. That gets people to say ‘wait a second.’ I think that is going to wake people up.”

There is much more in the 1-hour and 6-minute in-depth interview.

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with renowned biotech analyst Karen Kingston as she gives another update on the more than 14 billion global bioweapon mRNA/nanoparticle injections and why the Texas AG’s lawsuit against Pfizer will cause a CV19 vax great awakening for disabilities and murder for 1.27.24.

(To Donate to USAWatchdog.com Click Here)

After the Interview:

https://usawatchdog.com/cv19-vax-is-anti-christ-technology-karen-kingston/

SEE YOU ON TUESDAY

SHANGHAI GOLD (USD) FUTURES – QUOTE

SHANGHAI GOLD (USD) FUTURES – QUOTES

GOLD: NUMBER OF NOTICES FILED FOR JAN/2024. CONTRACT: 27 NOTICES FOR 2700 OZ or 0.0839 TONNES

total notices so far: 6790 contracts for 679,000 Oz (21.119 tonnes)

FOR JANUARY:

SILVER NOTICES 112 NOTICE(S) FILED FOR 2560,000 OZ/

total number of notices filed so far this month : 1267 for 6,535,000 oz

China’s gold imports surge to record high as appetite increases, middle class guards wealth

With 40,000 tonnes, China can trigger a weaponized gold revaluation at any time, Maguire says

Futures Flat As “Crazy Week” Begins

Equities mixed, Bonds bid on dovish ECB speak & Crude gains amid geopolitical tensions – Newsquawk US Market Open

EUROPEAN TRADE

EQUITIES

FX

FIXED INCOME

COMMODITIES

EARNINGS

GEOPOLITICS

CRYPTO

APAC TRADE

Chinese Property Giant Evergrande Ordered To Liquidate After Failing To Reach Deal With Creditors

Palestinian Authority panics, official calls to reverse UNRWA funding cut

UNRWA workers were recently fired from their positions for participating in the October 7 Massacre, leading to several countries deciding to withdraw funding for UNRWA.

UNRWA funding blocked

Over 100 Hamas, PIJ terrorists killed by IDF commandos last week

The brigade raided terrorist hubs in the western portion of Khan Yunis, successfully killing numerous Hamas and PIJ fighters, destroying terror infrastructure, and locating many weapons.

IDF strikes RPG-armed terrorist squad

IDF may be close to control of Khan Yunis as Hezbollah tensions continue

There is still no exact timeline, but IDF sources have registered a decrease in Hamas resistance.

IDF continues operations in the center of the Strip

Are Palestinians holding anti-Hamas protests across the Gaza Strip?

Viral videos have circulated lately on social media portraying what appears to be spontaneous demonstrations of Gazans in evacuation areas against the war, and possibly even against Hamas.

Not the full picture

IDF close to defeating Hamas in Khan Yunis

Full platoons entering into Hamas tunnels for the first time has been key.

Hamas’s deficit by numbers

40 hostages for 6-week ceasefire: Phase one of Hamas deal sparks negotiations

Women, elderly men above 60, and those in critical medical condition would be the first hostages to be released.

Hamas rejects hostage deal – report

Hezbollah says 4 fighters killed in IDF strikes on south Lebanon targets

Two sites hit by fighter jets in village of Beit Lif manned by operatives, says military; Iran-backed terror group names slain members, bringing death toll to 171

Alleged Israeli airstrike targets Iran’s IRGC HQ in Syria – report

The attacks on an IRGC operational headquarters destroyed the building, local media reported.

Britain calls for de-escalation in Middle East

Biden says US ‘shall respond’ to attack that killed three US soldiers

US defense secretary vows response to Iran-linked attack against troops in Jordan

Congressional Hawks Urge ‘Hit Iran Hard’ After 3 US Troops Killed By Tehran-Aligned Militants

Pentagon Offers Unusual Reason Why Anti-Air Defenses Failed At Jordan Border Base

British Oil Tanker On Fire For Several Hours After Houthi Attack, Dramatic Photos Show

GLOBAL VACCINE/COVID ISSUES

How The COVID Virus Defends Itself From The Human Immune System

US vax rates dropping overall; US public trusts no “scientist” or group promoting “vaccination”; military officers call for DoD accountability; 2/3 of Germany backs farmers; more states stand w/ Texas

These and other signs of mass RESISTANCE have the WEF and WHO and “our free press” bemoaning the “disinformation” that they claim is putting all of US “at risk” (when that’s what THEY’VE been doing)

Soccer legend Matt Le Tissier tells how he stopped the UK killing program in his sport. Where are the other athletes doing the same?

Is NO ONE trying likewise to save his/her fellow players in football (American), baseball, basketball, tennis, rugby, golf, weightlifting….? (And what about the footballers outside the UK?)

Dr. Mike Yeadon: “Don’t let them get away with it, Don’t believe those telling you Covid tyranny is all bumbling and fumbling that deserve forgiveness and amnesty’ NO amnesty, NONE! (Dr. James Hill)

We need justice and full accountability, we will never let them slink away…never! As long as it takes, these are my words, Dr. Paul Alexander, & I stand alongside Yeadon, Hill et al.

‘Journalist who tried to cancel Novak Djokovic over not taking COVID vaccine collapses and dies while covering Australian Open’; it is always sad when someone dies; yet did he die from the very same

Malone, Bourla, Bancel, Kariko et al. COVID mRNA gene based injection? That Novak refused as he had natural immunity that was bullet proof? This is an incredible story…sshh, do NOT say vaccine, sshh

MICHAEL EVERY/PHIL MAREY/OR OTHER EXECS //RABOBANK

Saudi Tankers Given Passage Through Red Sea By Houthis, Alongside Russia & China

US Sanctions Strand 10 Million Barrels Of Russian Crude For Weeks

Stocks, Bonds, Bullion, & Bitcoin All Rip As Catalyst-Heavy Week Begins

“Stagflation, Border Failure, & Regulatory Dysfunction” – Texas Manufacturing Collapsed In January

Yields Tumble, Futures Soar After Treasury Unexpectedly Slashes Borrowing Estimates

Watch: Gov. Abbott Tells Tucker He’s Not Backing Down, Expects Red States To Circle Wagons, & Trump Elected In November

Mess In The West: ‘Army Of God’ Convoy Heads To US Border While EU Farmers Block Cities

“High Crimes And Misdemeanors”: House Unveils Impeachment Articles Against Mayorkas Over Border Quagmire

“Legal System Out Of Control” – Trump Rages At $83M Damages In (Second) Carroll Defamation Case

Fuck It

Trump Lawyer Says ‘Experts Were Denied’ By New York Judge

Appeal

Lyin’ Biden: Speaker Johnson Debunks ‘Need’ To Pass Ukraine-Israel Funds Before Securing Border

CV19 Vax is Anti-Christ Technology– Karen Kingston

Share this:

Related

Leave a comment Cancel reply

Donate

Archive

Spot Gold