FINALIZED///WE MOVED

GOLD PRICE CLOSED UP $5.40 TO $2335.60

SILVER PRICE DOWN $0.08 TO $27.24

Gold ACCESS CLOSED $2332.85

Silver ACCESS CLOSED: $27,43

The defense of $2300 gold is now upon us and surpassed. Next up $2400 gold//Silver’s next line is $28.42. Then $34.76

The Fed is trapped as they still have their huge shortfall in gold (owes at least 67 tonnes to the BIS), They hoped that they could extricate themselves from their mess with this coming options expiry. So far, they have failed

Bitcoin morning price:$64,119 DOWN 409 DOLLARS.

Bitcoin: afternoon price: $64,654 DOWN 940 dollars

Platinum price closing UP $0 TO $915.30

Palladium price; DOWN $24,40AT $957.60

END

SHANGHAI GOLD PREMIUM 25 DOLLARS/COMEX GOLD

SHANGHAI GOLD…

SHANGHAI GOLD (USD) FUTURES – QUOTES

Last Updated 26 Apr 2024 01:48:18 PM CT.

Market data is delayed by at least 10 minutes.

MONTH	LAST	CHANGE	PRIOR SETTLE	OPEN	HIGH	LOW	VOLUME	UPDATED
APR 2024 SGUJ4	–	–	2355.8	–	–	–	0	08:27:45 CT 26 Apr 2024
MAY 2024 SGUK4	–	–	2355.7	–	–	–	0	12:30:22 CT 26 Apr 2024
JUN 2024 SGUM4	2379.1	+9.3 (+0.39%)	2369.8	2367.7	2387.7	2367.7	370	12:30:22 CT 26 Apr 2024
JUL 2024 SGUN4	–	–	0.0	–	–	–	0	10:50:01 CT 26 Apr 2024
AUG 2024 SGUQ4	–	–	2384.1	–	–	–	30	12:30:22 CT 26 Apr 2024
OCT 2024 SGUV4	–	–	2396.7	–	–	–	24	12:30:22 CT 26 Apr 2024
DEC 2024 SGUZ4	–	–	2397.3	–	–	–	0	12:30:22 CT 26 Apr 2024
FEB 2025 SGUG5	–	–	2397.9	–	–	–	0	12:30:22 CT 26 Apr 2024
APR 2025 SGUJ5	–	–	0.0	–	–	–	0	10:50:01 CT 26 Apr 2024

About this Report

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

4: 15 PM ACCESS

*CANADIAN GOLD: $3184.20 UP 8.20 CDN dollars per oz( * NEW ALL TIME HIGH 3,301.52 CDN DOLLARS PER OZ//APRIL 16 2024)

*BRITISH GOLD: 18671.30UP 7.05 pounds per oz// *(NEW ALL TIME HIGH//CLOSING///1933.24 BRITISH POUNDS/OZ) APRIL 19/2024

*EURO GOLD: 2185.70 UP 13.06 ros per oz //* (ALL TIME CLOSING HIGH: 2248.89 EUROS PER OZ//APRIL 16.2024)

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END

EXCHANGE: COMEX

EXCHANGE: COMEX
CONTRACT: APRIL 2024 COMEX 100 GOLD FUTURES
SETTLEMENT: 2,329.800000000 USD
INTENT DATE: 04/25/2024 DELIVERY DATE: 04/29/2024
FIRM ORG FIRM NAME ISSUED STOPPED

190 H BMO CAPITAL 1
435 H SCOTIA CAPITAL 792
624 H BOFA SECURITIES 975
657 C MORGAN STANLEY 26
661 C JP MORGAN 145
690 C ABN AMRO 7
737 C ADVANTAGE 9
905 C ADM 3
991 H CME 6

TOTAL: 982 982
MONTH TO DATE: 17,284

JPMORGAN STOPPED (RECEIVED) 0/982 CONTRACTS

FOR APRIL/2024

GOLD: NUMBER OF NOTICES FILED FOR APRIL/2024. CONTRACT: 982 NOTICES FOR 982,000 OZ or 3.0544 TONNES

total notices so far: 17254 contracts for 1,725,400 Oz (53.7604 tonnes)

FOR APRIL:

SILVER NOTICES: 13NOTICE(S) FILED FOR 65,000 OZ/

total number of notices filed so far this month : 1649 for 8,245,000 oz

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END

GLD/

BOTH GLD AND SLV ARE FRAUDULENT VEHICLES//THEY ARE NOW RAIDING GLD AND SLV FOR PHYSICAL

THE CROOKS ARE STEALING GOLD AND SILVER FROM THE GLD/SLV AND REPLACING THE PHYSICAL WITH PAPER DOLLARS.

WITH GOLD UP $5.40

INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD/ :

HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL 1.54 TONNES FROM THE GLD

/ /INVENTORY RESTS AT 832.19 TONNES

INVENTORY RESTS AT 832.19 TONNES

SLV//

WITH NO SILVER AROUND AND SILVER DOWN$0.08 AT THE SLV//

HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.097MILLION OZ OUT OF THE SLV/

// INVENTORY INCREASES T0 428.717MILLION OZ/

INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.

CLOSING INVENTORY: 428.717MILLION OZ

Let us have a look at the data for today

SILVER//OUTLINE

SILVER COMEX OI FELL BY A HUMONGOUS SIZED 2779 CONTRACTS TO 178,226 BUT STILL RAPIDLY CLOSING IN ON THE RECORD HIGH OI OF 244,710, SET FEB 25/2020, DESPITE THE RAID AND THIS HUMONGOUS SIZED LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR SMALL GAIN OF $0,05 IN SILVER PRICING AT THE COMEX ON THURSDAY. WE HAD SOME LONG LIQUIDATION AT THE COMEX SESSION WITH AGAIN PANICKING SHORT COVERING BY OUR SPECS WITH THE SMALL PRICE GAIN IN PRICE. WE HAD A HUGE SIZED 733T.A.S ISSUANCE AND THESE WILL BE USED FOR MANIPULATION LATER THIS MONTH/AS WELL AS TODAY. PLEASE NOTE THAT THE CROOKS NEED A HIGHER SILVER/GOLD T.A.S. TO CARRY ON THEIR CROOKED MANIPULATION ON A DAILY BASIS BUT DEMAND IS JUST TOO HIGH FOR THEM.

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 THURSDAY NIGHT: 733 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 IN THE PAST YEAR SET ANOTHER RECORD LOW AT 114,102 CONTRACTS ///JULY 3.2023// OUR BANKERS WITH THE HELP OF SPECULATORS AND HIGH FREQUENCY TRADERS WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.05, BUT WERE SUCCESSFUL IN KNOCKING SOME SILVER LONGS AS WE HAD A HUGE SIZED LOSS OF 2279 CONTRACTS ON OUR TWO EXCHANGES DESPITE THE GAININ PRICE OF $0.05

WE MUST HAVE HAD:

A STRONG SIZED 500 CONTRACT ISSUANCE OF EXCHANGE FOR PHYSICALS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 2.465 MILLION OZ (FIRST DAY NOTICE) FOLLOWED BY TODAY’S 65,000 OZ QUEUE JUMP //NEW STANDING REMAINS AT 8.260 MILLION OZ//

//NEW STANDING FOR SILVER IS THUS 8.260 MILLION OZ

WE HAD:

/ HUGE SIZED COMEX OI LOSS/ STRONGSIZED EFP ISSUANCE/ VI) HUGE SIZED NUMBER OF T.A.S. CONTRACT ISSUANCE 8733CONTRACTS)/

I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL -REMOVED A STRONG 1470 CONTRACTS //

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

TOTAL CONTRACTS for 20DAYS, total 29,387 contracts: OR 146.935 MILLION OZ (1469CONTRACTS PER DAY)

TOTAL EFP’S FOR THE MONTH SO FAR: 144.185 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 111035 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 : 78.655 MILLION OZ//

FEB /2024 : 66.135 MILLION OZ./FINAL

MARCH: 143.750 MILLION OZ// 4TH HIGHEST ON RECORD.

APRIL: 146.935 MILLION OZ (THIS MONTH WILL PROBABLY BE A WHOPPER OF ISSUANCE OF EFPS//4TH HIGHEST EVER RECORDED FOR A MONTH)

RESULT: WE HAD A HUMONGOUS SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1247 CONTRACTS DESPITE OUR GAIN IN PRICE OF SILVER PRICING AT THE COMEX//THURSDAY.,. THE CME NOTIFIED US THAT WE HAD A STRONG EFP ISSUANCE CONTRACTS: 500 ISSUED FOR MAY 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 APRIL. OF 2.465 MILLION OZ ON FIRST DAY NOTICE FOLLOWED BY TODAYS’ 65,000 QUEUE JUMP TO LONDON

//NEW TOTAL STANDING REMAINS AT 8.260 MILLION OZ

WE HAVE A HUGE SIZED LOSS OF 2279 OI CONTRACTS ON THE TWO EXCHANGES DESPITE THE GAIN IN PRICE. THE TOTAL OF TAS INITIATED CONTRACTS TODAY: A HUGE SIZED 733 CONTRACTS,//HUGE FRONT END OF THE TAS CONTRACTS WERE LIQUIDATED DURING THE THURSDAY COMEX SESSION/// WITH MAJOR SHORT COVERING FROM OUR SPEC SHORTS

THE NEW TAS ISSUANCE THURSDAY NIGHT (733 WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED AT A LATER DATE//PROBABLY TODAY., .

WE HAD 13 NOTICE(S) FILED TODAY FOR 65,000 OZ

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

GOLD//OUTLINE

IN GOLD, THE COMEX OPEN INTEREST ROSE BY A GOOD SIZED 1203 OI CONTRACTS TO 520914 AND CLOSER TO THE RECORD (SET JAN 24/2020) AT 799,733 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110, BUT WE ARE NOW MUCH FURTHER FROM OUR ALL TIME LOW OF 390,000 CONTRACTS.

THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: REMOVED 1203CONTRACTS

WE HAD A GOODSIZED INCREASE IN COMEX OI (3224CONTRACTS) WITH OUR $5.05 GAIN IN PRICE//THURSDAY. THE FRBNY SUPPLIED THE NECESSARY SHORT PAPER TO WHACK GOLD’S PRICE. WE ALSO HAD A RATHER LARGE INITIAL STANDING IN GOLD TONNAGE FOR APRIL. AT 44.8615 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S HUMONGOUS QUEUE JUMP OF 81,300 OZ.(2.528TONNES)

NEW STANDING 53.673 TONNES// ALL OF THIS HAPPENED WITH OUR $5.05 GAIN IN PRICE WITH RESPECT TO THURSDAY’S TRADING. WE HAD A STRONG SIZED GAIN OF 5788OI CONTRACTS (18.00 PAPER TONNES) ON OUR TWO EXCHANGES.

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 2564 CONTRACTS:

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 520,914

IN ESSENCE WE HAVE A STRONG SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 5788 CONTRACTS WITH 3224 CONTRACTS INCREASED AT THE COMEX// AND A FAIR SIZED 2564 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 6991 CONTRACTS.. WE HAD THE FOLLOWING TAS CONTRACTS INITIATED (ISSUED): A STRONG SIZED 2087CONTRACTS,

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (2564 CONTRACTS) ACCOMPANYING THE GOOD SIZED GAIN IN COMEX OI 4427 TOTAL GAIN FOR OUR THE TWO EXCHANGES: 5788 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 APRIL. AT 44.8615 TONNES FOLLOWED BY TODAY’S MASSIVE QUEUE JUMP 2.528TONNES

//NEW STANDING 53.673TONNES.

/ 3) ZERO LONG LIQUIDATION WITHTHE GAIN IN PRICE.

// 4) GOOD SIZED COMEX OPEN INTEREST GAIN/ 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER///6: STRONG T.A.S. ISSUANCE: 5826CONTRACTS/ HUGE SHORT COVERING BY OUR WRONG FOOTED SPECS WITH THE FED’S CONTINUAL RAID ON THE COMEX GOLD.

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

APRIL

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

TOTAL EFP CONTRACTS ISSUED: 76,382 CONTRACTS OR 7,638,200 OZ OR 237.58TONNES IN 20TRADING DAY(S) AND THUS AVERAGING: 3968 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 20TRADING DAY(S) IN TONNES 229.60 TONNES

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

THUS EFP TRANSFERS REPRESENTS 237.58DIVIDED BY 3550 x 100% TONNES = 6.69% 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: 291.76 TONNES (WILL BE MUCH GREATER THAN LAST MONTH.//3RD HIGHEST EVER RECORDED EXCHANGE FOR PHYSICAL)

FEB’24: 201.947 TONNES

MARCH 2024: 352.21 TONNES//2ND HIGHEST EVER RECORDED EFP ISSUANCE.

APRIL: 237.58 TONNES (WILL BE AN EXTREMELY STRONG MONTH BUT LESS THAN MARCH 2024)

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 APRIL. 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 (APRIL), 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 FELL BY A -HUGE SIZED 2779 CONTRACTS OI TO 178,266 AND FURTHER FROM 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 6 YEARS AGO. HOWEVER WE HAVE NOW SET A NEW RECORD LOW OF 114,102 CONTRACTS JULY 3.2023

EFP ISSUANCE 500 CONTRACTS

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

MAY 800 and ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 500 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON. IF WE TAKE THE COMEX OI LOSS OF 1247 CONTRACTS AND ADD TO THE 500 E.FP. ISSUED

WE OBTAIN A HUGE SIZED LOSS OF OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES OF 2279 CONTRACTS

THUS IN OUNCES, THE LOSS ON THE TWO EXCHANGES TOTALS 11.35 MILLION OZ

OCCURRED DESPITE OUR $0.05 GAIN 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)

REPORT THIS AD

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

Futures Jump As Tech Giants Soar, Yen Plummets After BOJ Refuses To Prop Up Crashing Currency

FRIDAY, APR 26, 2024 – 08:18 AM

In a rollercoaster 48 hours to close the week, yesterday’s early market slump (after the disappointing Meta guidance) has been fully reversed and stock futures are now pointing sharply higher after blockbuster earnings from Microsoft and Alphabet with attention now turning to the release of US personal consumption data – the Fed’s preferred measure of inflation, where a hotter-than-expected reading after Thursday’s weaker GDP figures may signal US rates will remain higher for longer. As of 7:40am, S&P futures are 0.7% higher while Nasdaq futures gain 1.1%. The positive sentiment carried into European trading, with tech stocks leading equity gains, with miners outperforming as copper hit $10,000 a ton for the first time in two years. Traders are also speculating as to whether Japan will intervene to support the Yen after the currency slid to a 34-year low before rebounding after the central bank kept rates on hold and Ueda said nothing to prop up the currency in what Deutsche Bank has called a policy of “benign neglect.” Later in the day, attention will shift. Elsewhere, the USD is higher and bond yields are slightly lower. In commodities, oil and precious metals are higher; base metals and Ags are mixed. Today, key focus will be the March PCE release at 8.30am ET, where consensus expects headline PCE and core PCE to both rise +0.3% MoM.

In premarket trading, Google parent Alphabet surged as much as 12%, poised to add more than $230 billion to its market capitalization and exceed $2 trillion in valuation. Microsoft rose 4% after the software giant reported third-quarter results that beat expectations, a sign that AI is fueling growth and demand. The companies trounced Wall Street estimates with their latest quarterly results, fueled in part by demand for AI services. In other earnings-related moves, Exxon fell 1.2% after missing EPS but smashing revenue estimates, while Intel slumped more than 7% after providing weaker-than-anticipated guidance. Here are some other notable movers:

Atlassian shares slide 5.3% after the application software company said co-founder Scott Farquhar is stepping down as co-CEO after 23 years.
Boyd Gaming shares fall 14% after the regional casino operator reported adjusted earnings per share for the first quarter that missed the average analyst estimate.
Chinese stocks listed in the US rise, reflecting a rally in Hong Kong as Asian big tech names get a boost following robust earnings from Alphabet and Microsoft. Alibaba +2.0%, Baidu +2.6%, PDD Holdings +2.5%, JD.com +5.0%, NetEase +1.7%, Trip.com +3.1%, KE Holdings +3.3%, Bilibili +5.4%
Cloud software stocks rise following better-than-expected sales in Microsoft and Google’s cloud divisions. Datadog +4.9%, Snowflake +3.5%, MongoDB +3.8%, Cloudflare +2.3%
Enphase Energy (ENPH US) shares rise 2.9% as Barclays upgrades its recommendation to overweight from equal-weight, saying the solar-equipment manufacturer is nearing an inflection point.
Intel shares drop 7.3% after the chipmaker’s second-quarter outlook was weaker than anticipated, underlining the difficulties the company has had in executing a turnaround.
KLA Corp shares rise TKTK after the semiconductor equipment supplier’s third-quarter earnings beat estimates and outlook for the fourth quarter was strong, prompting analysts to raise their price targets.
Marathon Digital shares rise 3.3% after the company increases year-end hash rate target to 50 EH/s from 35-37 EH/s.
Mobileye shares fall 3.0% after a downgrade to underweight at Morgan Stanley in the wake of the company’s results.
Roku shares fall 4.8% as the streaming-video platform company said it expects adjusted Ebitda to moderate in the second half of the year, after reporting first-quarter results that beat expectations.
Snap shares surge 24% after the social-media company reported first-quarter results that beat expectations and gave an outlook that is stronger than forecast, helping to ease concerns about its growth.
T-Mobile shares waver after the carrier’s results received a mixed reception from analysts, who said that the earnings were overall solid, but were disappointed that the company didn’t raise its guidance for postpaid phone subscribers as it looks raise prices.
Teladoc Health shares drop 4.4% after a second-quarter forecast missed estimates. The healthcare services company also reported a first-quarter gross margin that fell short of expectations.

While earnings remain center stage, the focus Friday will also be on US data, with the Fed’s preferred measure of inflation of particular interest. Treasury yields dipped following yesterday’s bond-market losses when stagflationary GDP data pushed back expectations for policy easing. A gauge of the dollar was steady.

“We have a precarious situation where the earnings of a few big companies are driving sentiment on the entire market,” said Justin Onuekwusi, chief investment officer St James Place Management. “We have seen a bit of volatility driven by earnings as well as rate decreases being priced out and that’s likely to continue.”

Almost 80% of S&P 500 firms that have reported so far have beaten analysts’ earnings estimates, according to JPMorgan strategists. Still, stock price reactions have been underwhelming, with better-than-expected results seeing below average upside, while those missing estimates are being penalized by more than usual, the strategists wrote. More than 50% of S&P 500 companies have yet to report.

A big highliight of the overnight session was the latest collapse in the Japanese yen which fell to a fresh cycle low near 157 versus the dollar after the Bank of Japan stood pat on interest rates and Governor Ueda did little to push back against recent weakness in the press conference. The yen’s slump to a record low versus the dollar has left traders on guard for any hints of intervention from Japan. The yen swung sharply from the day’s low to near its high amid jittery trading in the wake of the Bank of Japan’s decision to keep monetary policy unchanged.

“Should the yen fall further from here, like after the BOJ decision in September 2022, the possibility of intervention will increase,” said Hirofumi Suzuki, chief currency strategist at Sumitomo Mitsui Banking Corp. “It is not the level but it’s the speed that will trigger the action.”

European stocks rose along with US equity futures: the Stoxx 600 is up 0.6%, with technology and construction sectors leading gains, while chemicals and insurance subgroups are the biggest losers. Thyssenkrupp shares jumped after Czech billionaire Daniel Kretinsky’s EP Corporate Group agreed to buy a fifth of the German manufacturer’s troubled steel unit. Miners outperformed as copper hit $10,000 a ton for the first time in two years. Here are the biggest movers Friday:

Saint-Gobain shares gain as much as 6.3% after the French building-materials producer reported first-quarter sales that were slightly above expectations, according to Oddo. Separately, management is seeing signs of bottoming out for new build markets in Europe
NatWest rises as much as 5.2% after net interest income and pretax operating profit for the first quarter beat the average analyst estimate
Amundi soars 7%, most in two years, after the French asset manager reported net inflows for the first quarter that beat the average estimate. Citi analysts expect mid-single digit consensus upgrades. KBW called the results “solid.”
Electrolux shares gain as much as 7%, the most since December, after first-quarter figures from the Swedish maker of domestic appliances weren’t as bad as feared, with an operating loss of SEK720 million, versus an expected SEK809 million
Jeronimo Martins soars most in six months after Ebitda margin erosion in 1Q was smaller than analysts expected, showing that Portuguese retailer can withstand competition pressure in Poland as well as negative impact from slowing inflation
Airbus shares fall as much as 3% to the lowest since early March after its first-quarter results were significantly below estimates, even as the planemaker reiterated its full-year targets
IMCD’s shares sink as much as 10%, the most since March 2020, after the specialty chemicals and ingredients company reported first-quarter operating Ebita that missed estimates. ING says the story was “underlying quite weak.”
Hexagon shares fall as much as 4.4% after the software firm reported sales and operating profit that missed estimates, while saying that demand will remain mixed in the near term
ConvaTec Group shares decline as much as 7.2% after the medical equipment maker was downgraded to reduce by analysts at Peel Hunt, which has growing concerns about its wound care products in the US
Yara shares fall as much as 6.9%, the lowest intraday since May 2020, after the Norwegian agricultural chemicals firm reported adjusted Ebitda below estimates

Earlier in the session, Asian stocks rose, headed for their best week since November, as investors cheered upbeat earnings from technology firms and sentiment on China continued to improve. Japanese stocks rose as the Bank of Japan left interest rates unchanged. The MSCI Asia Pacific Index rose 0.8%, with TSMC and Tencent among the biggest boosts. The gauge extended its weekly gains to more than 3%. Stocks rose in mainland China and Hong Kong, with the Hang Seng China Enterprises Index poised for its best week since April 2015. Signs of an improving Chinese economy, better corporate earnings and Bejing’s support measures have spurred inflows from global funds.

Hang Seng and Shanghai Comp. were underpinned by strength in tech and property, while the constructive mood was also facilitated by a meeting between US Secretary of State Blinken and Chinese Foreign Minister Wang where it was stated that the US-China relationship has stabilised although negative factors are building.
ASX 200 underperformed after the prior day’s losses caught up with the index on return from holiday.
Nikkei 225 was initially choppy and briefly dipped into negative territory as participants braced for the BoJ policy announcement and whether the central bank flags a reduction in bond buying, but then surged as the central bank kept policy settings unchanged and refrained from any major hawkish surprises.

In FX, the dollar was slightly lower, as all the action was in the Japanese yen which cratered to a fresh 34 year low near 157 versus the dollar after the Bank of Japan stood pat on interest rates and Governor Ueda did little to push back against recent weakness in the press conference. USD/JPY did swing sharply lower to sub-155 before swiftly rebounding in jittery trading amid heightened speculation that authorities may intervene in the market.

In rates, treasuries climbed, paring some of Thursday’s post-data drop. US yields are richer by up to 2bp across long-end of the curve with 5s30s spread around 8bp, tighter by around 1bp on the day; 10-year yields around 4.685%, down 1.5bp on the day with bunds outperforming by 1bp in the sector.

In commodities, oil prices advance, with WTI rising 0.4% to trade near $83.90 a barrel. Spot gold rises 0.7% to around $2,350/oz. Copper hit $10,000 a ton for the first time in two years.

Looking at today’s calendar, the US session highlight is the March personal income/spending (8:30am); we algo get the April revised University of Michigan sentiment (10am) and April Kansas City Fed services activity (11am). Fed members are in self-imposed quiet period ahead of May 1 policy announcement

Market Snapshot

S&P 500 futures up 0.8% to 5,121.00
STOXX Europe 600 up 0.6% to 505.47
MXAP up 0.7% to 172.65
MXAPJ up 0.8% to 536.04
Nikkei up 0.8% to 37,934.76
Topix up 0.9% to 2,686.48
Hang Seng Index up 2.1% to 17,651.15
Shanghai Composite up 1.2% to 3,088.64
Sensex down 0.7% to 73,833.99
Australia S&P/ASX 200 down 1.4% to 7,575.91
Kospi up 1.1% to 2,656.33
German 10Y yield little changed at 2.60%
Euro up 0.2% to $1.0748
Brent Futures up 0.2% to $89.21/bbl
Brent Futures up 0.2% to $89.21/bbl
Gold spot up 0.6% to $2,347.56
US Dollar Index down 0.10% to 105.49

Top Overnight News

BOJ leaves rates unchanged, as expected, and retained its guidance from Mar about purchasing gov’t bonds (there had been some speculation of a taper or a hint of one). WSJ
Japan’s Tokyo CPI for April cools far more than anticipated, coming in +1.8% ex-food/energy vs. the Street +2.7% and down from +2.9% in March. BBG
China’s foreign minister says the relationship w/the US was starting to stabilize but that “negative factors” were increasing. NBC News
Eurozone inflation expectations over the next 12 months ticked down to 3% (from 3.1%), hitting the lowest level since Dec 2021. ECB
The ECB is likely to need extra interest rate cuts if global borrowing costs are pushed up by the US Federal Reserve maintaining its restrictive monetary policy stance, a top eurozone policymaker has said. Fabio Panetta, head of Italy’s central bank, said that if the Fed keeps rates on hold longer than markets expect, or even raises them, it would be “likely to reinforce the case for a rate cut [by the ECB] rather than weakening it”. FT
Donald Trump’s allies are quietly drafting proposals that would attempt to erode the Federal Reserve’s independence if the former president wins a second term, in the midst of a deepening divide among his advisers over how aggressively to challenge the central bank’s authority. WSJ
Walmart’s CEO says inflation continues to cool: “At Walmart, we are now seeing prices that are in line with where they were 12 months ago. I haven’t been able to say that for a few years now. The last few weeks, we’ve taken even more prices down in areas like produce and meat and fresh food”. ABC News
Annualized US core PCE inflation accelerated to 4.5% over the last three months, but underlying trends are less alarming. The Q1 acceleration mostly reflected one-off surprises in acyclical categories where costs pass-through with long lags, and forward-looking indicators are at target-consistent levels. Progress therefore appears delayed but not reversed, and we forecast that core PCE inflation will slow to 2.2% on a sequential annualized basis in 2024Q2-Q4. GIR
Microsoft and Alphabet jumped premarket after stellar earnings and expectations for a surge in cloud revenue fueled by AI demand. Execs at both companies said they plan to spend more on AI. BBG

Earnings

Alphabet Inc (GOOGL) Q1 2024 (USD): EPS 1.89 (exp. 1.51), Revenue 80.54bln (exp. 78.59bln); board authorised Co. to repurchase up to an additional 70bln and declared a cash dividend of 0.20/shr. Shares +11.5% in pre-market trade
Microsoft Corp (MSFT) Q3 2024 (USD): EPS 2.94 (exp. 2.82), Revenue 61.86bln (exp. 60.8bln). Shares +4.1% in pre-market trade
Intel Corp (INTC) Q1 2024 (USD): Adj. EPS 0.18 (exp. 0.14), Revenue 12.70bln (exp. 12.78bln). Shares -7.5% in pre-market trade
Snap Inc (SNAP) Q1 2024 (USD): Adj. EPS 0.03 (exp. -0.05), Revenue 1.19bln (exp. 1.12bln). Shares +23.5% in pre-market trade
TotalEnergies (TTE FP) Q1 (USD): Adj. Net 5.11bln (exp. 5bln). Adj. EBITDA 11.5bln (exp. 11.1bln). Plans a USD 2bln share buyback Q2; Cash flow from operating activities 2.2bln (prev. 5.1bln Y/Y); Dividend +7% Y/Y
Airbus (AIR FP) Q1 24 (USD): Adj. EBIT 600mln (exp. 789mln), Revenue 12.80bln (exp. 12.87bln), Gross Orders 170 (prev. 156), Net Orders 170 (prev. 142), Deliveries 142. Reaffirms 2024 guidance.

A recap of overnight news courtesy of Newsquawk

APAC stocks were mostly higher as the region digested recent market themes including disappointing US data, strong big tech earnings and the BoJ policy announcement. ASX 200 underperformed after the prior day’s losses caught up with the index on return from holiday. Nikkei 225 was initially choppy and briefly dipped into negative territory as participants braced for the BoJ policy announcement and whether the central bank flags a reduction in bond buying, but then surged as the central bank kept policy settings unchanged and refrained from any major hawkish surprises. Hang Seng and Shanghai Comp. were underpinned by strength in tech and property, while the constructive mood was also facilitated by a meeting between US Secretary of State Blinken and Chinese Foreign Minister Wang where it was stated that the US-China relationship has stabilised although negative factors are building.

Top Asian News

Chinese Foreign Minister Wang said in a meeting with US Secretary of State Blinken that the China-US relationship has stabilised but negative factors are building, while he added that sliding into conflict with the US would be a lose-lose situation that they ask the US not to interfere with China’s internal affairs. Furthermore, Blinken said there is no substitute for face-to-face diplomacy and they need to avoid miscalculations, while he hopes the US and China can make progress on agreements, citing fentanyl, military-to-military ties and AI risks.
US is pushing allies in Europe and Asia to tighten restrictions on exports of chip-related technology and tools to China amid rising concerns about Huawei’s development of advanced semiconductors, according to FT sources. US wants Japan, South Korea, and the Netherlands to use existing export controls more aggressively, including stopping engineers from their countries servicing chipmaking tools at fabs in China.
ByteDance reportedly prefers shutting down the app rather than a sale if it exhausts all legal options and the algorithms TikTok relies on are deemed core to ByteDance’s overall operations, making the sale of the app unlikely, according to Reuters sources.

European bourses, Stoxx 600 (+0.5%) are entirely in the green, though trade has been contained at session highs, as participants await March’s US PCE at 13:30 BST. European sectors are almost entirely in the green, with the exception of Chemicals, following poor IMCD (-9.1%) results. Tech tops the pile, with optimism lifted following strong large-cap Tech earnings in the US. US Equity Futures (ES +0.7%, NQ +0.9%, RTY +0.1%) are entirely in the green, with the NQ outperforming, benefitting from significant pre-market strength in both Google (+11.1%) and Microsoft (+3.6%), after reporting strong earnings after-market.

Top European News

ECB’s Panetta said they must weigh the risk of monetary policy becoming too tight, while he added that timely and small rate cuts would counter weak demand and could be paused. Furthermore, he stated that hesitations in adjusting rates would hurt investment and productivity, while large rate cuts could create a credibility issue.
ECB Consumer Inflation Expectations survey (Mar) – 12-months ahead 3.0% (prev. 3.1%); 3-year ahead 2.5% (prev. 2.5%). Economic growth expectations for the next 12 months 1.1% (prev. -1.1%)
SNB Chair Jordan said SNB has been successful in fight against inflation; uncertainty remains elevated and shocks can occur at and time

BOJ

BoJ kept its policy settings unchanged with the short-term interest rate target at 0.0%-0.1%, as expected, with the decision made unanimously, while it dropped the reference from the statement that it currently buys about JPY 6tln worth of JGBs per month but stated that it will conduct JGB, commercial paper and corporate bond buying in line with the decision in March. BoJ said it must be vigilant to FX and market moves and their impact on the economy and prices but noted no excessive behaviour is seen in Japan’s asset market and financial institutions’ practices. Furthermore, it stated that if trend inflation rises, the BoJ will likely adjust the degree of monetary easing but also added to expect accommodative monetary conditions to continue for the time being. In terms of the latest Outlook Report, Board Members’ Real GDP median forecast for Fiscal 2024 was cut to 0.8% from 1.2% but the Fiscal 2025 median forecast was maintained at 1.0%, while the Core CPI Fiscal 2024 median forecast was raised to 2.8% from 2.4% and Fiscal 2025 median forecast was raised to 1.9% from 1.8%.
PRESS CONFERENCE: BoJ Governor Ueda said easy financial conditions will be maintained for the time being; Weak JPY so far is not having a big impact on trend inflation. Difficult to gauge timing of future rate hikes. Weak JPY so far is not having a big impact on trend inflation. Reduction in JGB buying in the future is in sight. Will not comment on FX moves

USD is around flat, and holding within a 105.40-71 range. USD was initially being propped up by JPY softness post-BoJ, although that has abated somewhat, amid Yen intervention speculation.
JPY is the clear laggard across the majors following the BoJ policy announcement overnight, which provided no hawkish surprise. USD/JPY took another leg higher amid BoJ Ueda’s press conference, before being slapped down to sub-155 levels, a few hours later. Some will likely view the move as intervention but we are yet to see any official confirmation of this.
EUR is flat vs. the USD and breached yesterday’s 1.0740 best. If the pair ventures higher, 1.0756 from April 11th is the next potential target.
Antipodeans are firmer vs. the USD and outmuscling peers alongside the favourable risk environment. AUD/USD has gained a firmer footing above its 200 and 50DMAs at 0.6526 and 0.6532 respectively with focus now on a potential approach of 0.66
PBoC set USD/CNY mid-point at 7.1056 vs exp. 7.2449 (prev. 7.1058).

Fixed Income

USTs are a touch firmer after yesterday’s data induced losses, which sent the Jun’24 UST to a contract low of 107.04. Today’s trade has been contained within a 107.04-108.01 range, with all eyes on March’s US PCE metrics later.
Bund price action has been following USTs and attempting to recoup recently lost ground which has been inspired this week by a combination of better data and speak from hawkish ECB members. Bunds are so far respecting yesterday’s 129.53-130.38 range.
Gilts are firmer and in-fitting with global peers in an attempt to claw back recent losses. However, with a lack of UK-specific drivers, UK paper will likely remain at the whim of global peers.

Commodities

A relatively tame session thus far for the crude complex following Thursday’s choppy trade, as participants await monthly US PCE metrics; Brent Jun’24 range between 89.08-69/bbl.
Precious metals are firmer amid the softer Dollar and ahead of the US PCE data, with spot silver narrowly leading vs spot gold. XAU topped yesterday’s peak (USD 2,344.93/oz) to trade in a current intraday range between USD 2,326.36-2,352.30/oz.
Base metals are stronger across the board amid bullish momentum after copper crossed key levels, with the broader complex underpinned by the softer Dollar and broader risk appetite; 3M LME copper is posting gains of over USD 100/t at the time of writing after mounting the key USD 10,000/t mark to levels last seen in 2022.
India Oil Minister said cartel of oil producers are responsible for current volatility in the market; oil producers are cutting down and holding back production, according to ETNow.

Geopolitics: Middle East

“US Secretary of State Blinken to visit Israel on Tuesday”, according to Sky News Arabia
Hezbollah said it shelled an Israeli force with artillery at the site of Al-Malikiyah and achieved a direct hit, according to Al Jazeera.

Geopolitics: Other

US official said the US could announce as soon as Friday USD 6bln in new weapon purchases for Ukraine.
North Korean leader Kim supervised the test-firing of multiple launch rockets, according to KCNA.
China’s Defence Ministry said Chinese and French militaries established a dialogue mechanism for cooperation between theatre commands, according to Reuters.

US Event Calendar

08:30: March PCE Deflator MoM, est. 0.3%, prior 0.3%
- March PCE Core Deflator MoM, est. 0.3%, prior 0.3%
- March PCE Deflator YoY, est. 2.6%, prior 2.5%
- March PCE Core Deflator YoY, est. 2.7%, prior 2.8%
08:30: March Personal Income, est. 0.5%, prior 0.3%
- March Personal Spending, est. 0.6%, prior 0.8%
- March Real Personal Spending, est. 0.3%, prior 0.4%
10:00: April U. of Mich. Sentiment, est. 77.9, prior 77.9
- April U. of Mich. Current Conditions, prior 79.3
- April U. of Mich. Expectations, prior 77.0
- April U. of Mich. 1 Yr Inflation, prior 3.1%
- April U. of Mich. 5-10 Yr Inflation, est. 3.0%, prior 3.0%
11:00: April Kansas City Fed Services Activ, prior 7

DB’s Jim Reid concludes the overnight wrap

It’s been a volatile 24 hours in markets, but in spite of a selloff yesterday, there’s increasing positivity this morning thanks to strong results from Microsoft and Alphabet after last night’s close. Both companies exceeded revenue and earnings expectations, with Alphabet seeing the larger beat on profitability, as their growth was boosted by demand for cloud computing and AI-related offerings. That’s seen Alphabet rise by over 11% in after-hours trading, while Microsoft is up more than -4%, having both been down in the main session yesterday. In turn, futures on the S&P 500 are currently up +0.81%, which is a significant turnaround from yesterday, as the index closed -0.46% lower, and that was only after recovering from initial losses that had pushed it down -1.60%.

That positivity has continued into Asian markets overnight, which comes as the Bank of Japan left their interest rates unchanged at their latest meeting. That’s seen the Japanese Yen weaken further, and it’s currently trading at 156.11 per dollar, which is its weakest level since 1990. Front-end government bond yields have also fallen overnight in Japan, with the 2yr yield down -0.7bps to 0.29%. And for equities, all the major indices have risen, including the Nikkei (+0.74%), the KOSPI (+1.10%), the Hang Seng (+1.98%), the CSI 300 (+1.03%) and the Shanghai Comp (+0.79%).

Before that overnight reversal, markets had struggled yesterday, as challenging data and poor earnings led to a notable selloff. That meant investors pushed back the timing of rate cuts yet again, and the 2yr Treasury yield (+7.1bps) closed at 4.998%, so almost at 5% for the first time since mid-November. That was mainly driven by the Q1 US GDP release, which had the unfortunate combination of a downside surprise on growth, and an upside surprise on inflation. As we found out in 2022, that stagflationary mix can potentially be a bad recipe for markets, so it wasn’t a surprise to see equities and bonds lose ground simultaneously even if equities have since been busy making up their initial losses.

In terms of the details, growth came in at an annualised rate of +1.6% (vs. +2.5% expected), which is the slowest growth since Q2 2022. But more alarmingly for markets, core PCE surprised on the upside, with an annualised rate of +3.7% in Q1 (vs. +3.4% expected). Headline PCE was also strong, at +3.4% in Q1, and core services ex housing (a measure Fed Chair Powell has cited in the past) was at +5.1%. So whichever way you crunch the numbers, this clearly isn’t the sort of inflation momentum where the Fed could be comfortable cutting rates. We’ll get the monthly US PCE numbers for March today within the spending report as well. If you’re looking for positives on growth, final private domestic sales came in at 3.1%, with the slowing in headline GDP growth coming from net exports, inventories and government spending. So domestic demand still holding up well. However you could argue that just ties in with the strong inflation component.

Unsurprisingly, that release meant markets dialled back the odds of rate cuts anytime soon. For instance, the chance of a rate cut by the July meeting fell from 50% the previous day to 34% afterwards. And for the year as a whole, futures are now pricing in just 34bps of cuts by the December meeting, down from 43bps the previous day and 67bps at the start of the month. So futures are now pricing the most hawkish profile we’ve seen to date in this hiking cycle, at least in terms of where rates are set to be by the end of 2024. Indeed for the first time, the first 25bp cut isn’t fully priced in until the December 2024 meeting.

With investors pricing out rate cuts, US Treasuries slumped and yields hit their highest levels of 2024 so far. In particular, the 2yr Treasury yield (+7.1bps) saw a closing value of 4.998%, having reached 5.02% intra-day. And similarly, the 10yr yield was up +6.2bps to 4.70%, although this morning it’s since come down -1.0bps to 4.69%. Bear in mind that just after Christmas, the 10yr yield hit an intraday low of 3.78%, so it’s moved up by almost 100bps from that point now. At the same time, there was a decent spike in real yields, with the 10yr real yield (+4.4bps) reaching a post-November high of 2.28%.

That trend was echoed in Europe, where investors lowered their expectations for ECB rate cuts this year, and now see just 68bps of cuts by December’s meeting, down -5.5bps on the day. As in the US, that meant 10yr yields hit new YTD highs, with those on 10yr bunds (+4.1bps) up to 2.63%, 10yr OATs (+3.7bps) up to 3.13%, and 10yr gilts (+2.8bps) up to 4.36%. For now at least, a June rate cut from the ECB is still seen as an 84% probability, but from Monday we’ll start to get the flash CPI prints for April, so it’ll be interesting to see if that changes anything.

For equities, this backdrop meant it was a tough day across the board even if the recovery was steady as the US session progressed. All the major indices fell, including the S&P 500 (-0.46%), the NASDAQ (-0.64%) and the Dow Jones (-0.98%). Rebounds by Nvidia (+3.71%) and Tesla (+4.97%) helped limit and reverse the earlier larger losses. But Meta (-10.56%) was the worst performer in the entire S&P 500 following its earnings release the previous day, meaning that the Magnificent 7 (-1.19%) underperformed despite the gains for Nvidia and Tesla. IBM (-8.25%) lost significant ground after its release the previous evening as well.

Over in Europe, the STOXX 600 (-0.64%) also saw a decent decline, although the FTSE 100 (+0.48%) was again an exception as it hit another record high, aided by a surge in Anglo American (+16.10%), which was the index’s best performer after BHP proposed a takeover. The proposed deal would bring together two of the world’s largest mining companies and create a clear number one globally. Our mining team think the deal rationale is about global scale and growth in copper, a structurally tight commodity which is key to future global electrification. Copper prices have risen by +17.6% so far this year, and overnight they’re trading at their highest level since April 2022. The mining team’s note (link here) runs through the deal terms and other talking points.

Looking at yesterday’s other data, the US weekly initial jobless claims fell to 207k in the week ending April 20 (vs. 215k expected), which is their lowest level in a couple of months. Otherwise, pending home sales grew by +3.4% in March (vs. +0.4% expected), reaching a 13-month high.

To the day ahead now, and data releases include US PCE inflation for March, along with personal income and personal spending. In addition, there the University of Michigan’s final consumer sentiment index for April, and in the Euro Area, we’ll get the M3 money supply for March. Finally, earnings releases include Exxon Mobil and Chevron.

2 B) NOW NEWSQUAWK (EUROPE/REPORT)

Strong Big Tech earnings prop up equities, JPY lower post-BoJ & Dollar flat ahead of US PCE – Newsquawk US Market Open

FRIDAY, APR 26, 2024 – 05:57 AM

Equities are firmer, benefiting from strong Big Tech earnings; Google (+11.7%), Microsoft (+3.6%)
Dollar is flat, USD/JPY moved lower in quick succession before paring back, Aussie outperforms given the risk tone and higher metal prices
Bonds are modestly firmer, though very much contained ahead of US PCE
Crude within recent ranges, XAU trudges higher and base metals entirely in the green; 3M LME topped USD 10,000/t
Looking ahead, US PCE, Personal Income, Earnings from Colgate, Exxon, Chevron & Phillips 66.

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EUROPEAN TRADE

EQUITIES

European bourses, Stoxx 600 (+0.5%) are entirely in the green, though trade has been contained at session highs, as participants await March’s US PCE at 13:30 BST.
European sectors are almost entirely in the green, with the exception of Chemicals, following poor IMCD (-9.1%) results. Tech tops the pile, with optimism lifted following strong large-cap Tech earnings in the US.
US Equity Futures (ES +0.7%, NQ +0.9%, RTY +0.1%) are entirely in the green, with the NQ outperforming, benefitting from significant pre-market strength in both Google (+11.1%) and Microsoft (+3.6%), after reporting strong earnings after-market.
Click here and here for the sessions European pre-market equity newsflow.
Click here for more details.

FX

USD is around flat, and holding within a 105.40-71 range. USD was initially being propped up by JPY softness post-BoJ, although that has abated somewhat, amid Yen intervention speculation.
JPY is the clear laggard across the majors following the BoJ policy announcement overnight, which provided no hawkish surprise. USD/JPY took another leg higher amid BoJ Ueda’s press conference, before being slapped down to sub-155 levels, a few hours later. Some will likely view the move as intervention but we are yet to see any official confirmation of this.
EUR is flat vs. the USD and breached yesterday’s 1.0740 best. If the pair ventures higher, 1.0756 from April 11th is the next potential target.
Antipodeans are firmer vs. the USD and outmuscling peers alongside the favourable risk environment. AUD/USD has gained a firmer footing above its 200 and 50DMAs at 0.6526 and 0.6532 respectively with focus now on a potential approach of 0.66
PBoC set USD/CNY mid-point at 7.1056 vs exp. 7.2449 (prev. 7.1058).
Click here for more details.

FIXED INCOME

USTs are a touch firmer after yesterday’s data induced losses, which sent the Jun’24 UST to a contract low of 107.04. Today’s trade has been contained within a 107.04-108.01 range, with all eyes on March’s US PCE metrics later.
Bund price action has been following USTs and attempting to recoup recently lost ground which has been inspired this week by a combination of better data and speak from hawkish ECB members. Bunds are so far respecting yesterday’s 129.53-130.38 range.
Gilts are firmer and in-fitting with global peers in an attempt to claw back recent losses. However, with a lack of UK-specific drivers, UK paper will likely remain at the whim of global peers.
Click here for more details.

COMMODITIES

A relatively tame session thus far for the crude complex following Thursday’s choppy trade, as participants await monthly US PCE metrics; Brent Jun’24 range between 89.08-69/bbl.
Precious metals are firmer amid the softer Dollar and ahead of the US PCE data, with spot silver narrowly leading vs spot gold. XAU topped yesterday’s peak (USD 2,344.93/oz) to trade in a current intraday range between USD 2,326.36-2,352.30/oz.
Base metals are stronger across the board amid bullish momentum after copper crossed key levels, with the broader complex underpinned by the softer Dollar and broader risk appetite; 3M LME copper is posting gains of over USD 100/t at the time of writing after mounting the key USD 10,000/t mark to levels last seen in 2022.
India Oil Minister said cartel of oil producers are responsible for current volatility in the market; oil producers are cutting down and holding back production, according to ETNow.
Click here for more details.

NOTABLE EUROPEAN HEADLINES

ECB’s Panetta said they must weigh the risk of monetary policy becoming too tight, while he added that timely and small rate cuts would counter weak demand and could be paused. Furthermore, he stated that hesitations in adjusting rates would hurt investment and productivity, while large rate cuts could create a credibility issue.
ECB Consumer Inflation Expectations survey (Mar) – 12-months ahead 3.0% (prev. 3.1%); 3-year ahead 2.5% (prev. 2.5%). Economic growth expectations for the next 12 months 1.1% (prev. -1.1%)
SNB Chair Jordan said SNB has been successful in fight against inflation; uncertainty remains elevated and shocks can occur at and time

DATA RECAP

UK GfK Consumer Confidence (Apr) -19.0 vs. Exp. -20.0 (Prev. -21.0)
Spanish Retail Sales YY (Mar) 0.6% (Prev. 1.9%); Unemployment Rate (Q1) 12.29% (Prev. 11.76%, Rev. 11.80%)
EU Money-M3 Annual Growth (Mar) 0.9% vs. Exp. 0.6% (Prev. 0.4%); Loans to Non-Fin (Mar) 0.4% (Prev. 0.4%); Loans to Households (Mar) 0.2% (Prev. 0.3%)

NOTABLE US HEADLINES

US Secretary of State Blinken is to meet Chinese President Xi in Beijing on Friday 26th April, according to the US State Department.

EARNINGS

Alphabet Inc (GOOGL) Q1 2024 (USD): EPS 1.89 (exp. 1.51), Revenue 80.54bln (exp. 78.59bln); board authorised Co. to repurchase up to an additional 70bln and declared a cash dividend of 0.20/shr. Shares +11.5% in pre-market trade
Microsoft Corp (MSFT) Q3 2024 (USD): EPS 2.94 (exp. 2.82), Revenue 61.86bln (exp. 60.8bln). Shares +4.1% in pre-market trade
Intel Corp (INTC) Q1 2024 (USD): Adj. EPS 0.18 (exp. 0.14), Revenue 12.70bln (exp. 12.78bln). Shares -7.5% in pre-market trade
Snap Inc (SNAP) Q1 2024 (USD): Adj. EPS 0.03 (exp. -0.05), Revenue 1.19bln (exp. 1.12bln). Shares +23.5% in pre-market trade
TotalEnergies (TTE FP) Q1 (USD): Adj. Net 5.11bln (exp. 5bln). Adj. EBITDA 11.5bln (exp. 11.1bln). Plans a USD 2bln share buyback Q2; Cash flow from operating activities 2.2bln (prev. 5.1bln Y/Y); Dividend +7% Y/Y
Airbus (AIR FP) Q1 24 (USD): Adj. EBIT 600mln (exp. 789mln), Revenue 12.80bln (exp. 12.87bln), Gross Orders 170 (prev. 156), Net Orders 170 (prev. 142), Deliveries 142. Reaffirms 2024 guidance.

GEOPOLITICS

MIDDLE EAST

“US Secretary of State Blinken to visit Israel on Tuesday”, according to Sky News Arabia
Hezbollah said it shelled an Israeli force with artillery at the site of Al-Malikiyah and achieved a direct hit, according to Al Jazeera.

OTHER

US official said the US could announce as soon as Friday USD 6bln in new weapon purchases for Ukraine.
North Korean leader Kim supervised the test-firing of multiple launch rockets, according to KCNA.
China’s Defence Ministry said Chinese and French militaries established a dialogue mechanism for cooperation between theatre commands, according to Reuters.

CRYPTO

Bitcoin traded indecisively with price action on both sides of the USD 64,500 level.

APAC TRADE

APAC stocks were mostly higher as the region digested recent market themes including disappointing US data, strong big tech earnings and the BoJ policy announcement.
ASX 200 underperformed after the prior day’s losses caught up with the index on return from holiday.
Nikkei 225 was initially choppy and briefly dipped into negative territory as participants braced for the BoJ policy announcement and whether the central bank flags a reduction in bond buying, but then surged as the central bank kept policy settings unchanged and refrained from any major hawkish surprises.
Hang Seng and Shanghai Comp. were underpinned by strength in tech and property, while the constructive mood was also facilitated by a meeting between US Secretary of State Blinken and Chinese Foreign Minister Wang where it was stated that the US-China relationship has stabilised although negative factors are building.

BoJ

BoJ kept its policy settings unchanged with the short-term interest rate target at 0.0%-0.1%, as expected, with the decision made unanimously, while it dropped the reference from the statement that it currently buys about JPY 6tln worth of JGBs per month but stated that it will conduct JGB, commercial paper and corporate bond buying in line with the decision in March. BoJ said it must be vigilant to FX and market moves and their impact on the economy and prices but noted no excessive behaviour is seen in Japan’s asset market and financial institutions’ practices. Furthermore, it stated that if trend inflation rises, the BoJ will likely adjust the degree of monetary easing but also added to expect accommodative monetary conditions to continue for the time being. In terms of the latest Outlook Report, Board Members’ Real GDP median forecast for Fiscal 2024 was cut to 0.8% from 1.2% but the Fiscal 2025 median forecast was maintained at 1.0%, while the Core CPI Fiscal 2024 median forecast was raised to 2.8% from 2.4% and Fiscal 2025 median forecast was raised to 1.9% from 1.8%.
PRESS CONFERENCE: BoJ Governor Ueda said easy financial conditions will be maintained for the time being; Weak JPY so far is not having a big impact on trend inflation. Difficult to gauge timing of future rate hikes. Weak JPY so far is not having a big impact on trend inflation. Reduction in JGB buying in the future is in sight. Will not comment on FX moves. Click here for full comments.

NOTABLE ASIA-PAC HEADLINES

Chinese Foreign Minister Wang said in a meeting with US Secretary of State Blinken that the China-US relationship has stabilised but negative factors are building, while he added that sliding into conflict with the US would be a lose-lose situation that they ask the US not to interfere with China’s internal affairs. Furthermore, Blinken said there is no substitute for face-to-face diplomacy and they need to avoid miscalculations, while he hopes the US and China can make progress on agreements, citing fentanyl, military-to-military ties and AI risks.
US is pushing allies in Europe and Asia to tighten restrictions on exports of chip-related technology and tools to China amid rising concerns about Huawei’s development of advanced semiconductors, according to FT sources. US wants Japan, South Korea, and the Netherlands to use existing export controls more aggressively, including stopping engineers from their countries servicing chipmaking tools at fabs in China.
ByteDance reportedly prefers shutting down the app rather than a sale if it exhausts all legal options and the algorithms TikTok relies on are deemed core to ByteDance’s overall operations, making the sale of the app unlikely, according to Reuters sources.

APAC DATA RECAP

Tokyo CPI YY (Apr) 1.8% vs. Exp. 2.6% (Prev. 2.6%); CPI Ex. Fresh Food YY (Apr) 1.6% vs. Exp. 2.2% (Prev. 2.4%); CPI Ex. Fresh Food & Energy YY (Apr) 1.8% vs. Exp. 2.7% (Prev. 2.9%)

3C ASIA AFFAIRS/

FRIDAY MORNING/THURSDAY NIGHT

ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING STRONGER AGAINST US DOLLAR/OFFSHORE YUAN STRONGER

2 d./NORTH KOREA/ SOUTH KOREA/

NORTH KOREA/SOUTH KOREA

END

2e) JAPAN

JAPAN

Excess Deaths In Japan Hit 115,000 Following 3rd COVID Shot; New Study Explains Why

THURSDAY, APR 25, 2024 – 10:25 PM

Authored by Joe Wang via The Epoch Times (emphasis ours),

A new study on harms resulting from the COVID vaccine was published on April 8 in the U.S.-based peer-reviewed medical science journal Cureus. It represents the largest study to date on adverse effects of the COVID vaccine, and the results are shocking, to put it mildly.

In the study, titled “Increased Age-Adjusted Cancer Mortality After the Third mRNA-Lipid Nanoparticle Vaccine Dose During the COVID-19 Pandemic in Japan,” five Japanese scientists used an entire dataset of the country’s 123 million population (Japan has the highest vaccination rate in the world) to study excess cancer mortalities coinciding with mass COVID vaccination.

The authors also provide a sound explanation as to why these deaths occurred after the mRNA injection.

As a former vaccine researcher, I read the Cureus article with great interest. My fellow Epoch Times columnist, Megan Redshaw, has written an excellent article on this study. Here, I would like to highlight some points that I think are worth reiterating.

Excess Deaths Following the Third Shot

The study shows there were 1,568,961 total deaths in Japan in 2022. About 1,453,162 deaths were expected based on statistical predictions using pre-pandemic information, which means there were 115,799 excess deaths in 2022.

The 115,799 “age-adjusted excess number of deaths” in 2022 occurred after two-thirds of the Japanese population had received the third dose of COVID vaccine.

Based on Japan’s Ministry of Health data, I calculated that there were 39,060 COVID deaths reported in 2022. So, the majority of Japan’s excess deaths in 2022 were not caused by COVID infection, but rather are strongly associated with the vaccination.

Harm Done by the Vaccine, Not the Virus

The study shows that in 2020, after COVID-19 began to spread in Japan but before vaccination was available, the age-adjusted number of deaths was 28,000 fewer than what was predicted. And in 2021, as the virus continued and there was limited COVID-19 vaccination (it started in February), there were 25,000 more deaths than what was predicted.

Based on the number of excess deaths in 2022, the Japanese scientists concluded: “Statistically significant increases in age-adjusted mortality rates of all cancer and some specific types of cancer, namely, ovarian cancer, leukemia, prostate, lip/oral/pharyngeal, pancreatic, and breast cancers, were observed in 2022 after two-thirds of the Japanese population had received the third or later dose of SARS-CoV-2 mRNA-LNP vaccine.”

“These particularly marked increases in mortality rates of these ERα-sensitive cancers may be attributable to several mechanisms of the mRNA-LNP vaccination rather than COVID-19 infection itself or reduced cancer care due to the lockdown,” the authors wrote.

In plain English, this study revealed the mRNA COVID jab is likely the cause of the extra deaths that occurred in Japan.

6 Types of Cancer Had Significant Excess Deaths

The study presented the numbers for all-cause death, but also looked into the details of deaths caused by cancer. It found that of the 20 types of cancer, six of them—ovarian, leukemia, prostate, lip/oral/pharyngeal, pancreatic, and breast cancer—had statistically significant excess mortalities in 2021 and increased further in 2022.

The significant increase in mortalities for the six specific cancer types cannot be blamed on a shortage of health-care services during the pandemic. Reduced cancer screening and health care due to lockdowns should increase deaths for all cancers. However, such an increase was not observed in other types of cancers in Japan in 2022.

So what is so special about the six specific cancer types? They are all known as estrogen receptor alpha (ERα)-sensitive cancers.

The scientists explained why these cancers not only occurred after vaccination, but also killed people in a short period of time after they received the shot.

Cancer After the Jab: A Scientific Explanation

I worked as a research scientist at Sanofi Pasteur, one of the world’s largest vaccine companies, for more than 10 years. As the person who spearheaded Sanofi’s SARS-CoV-1 vaccine development in 2003, I personally found the hypothesis presented by the Japanese scientists very reasonable.

Please bear with me on the scientific terms, because they are important in understanding the possible roles the mRNA vaccine may have played in cancer development.

ERs (estrogen receptors) are a group of proteins found inside cells. They are receptors that can be activated by the sex hormone estrogen. ERα is one of the two classes of ERs, an important regulator in the body’s reproductive system.

Research published in the peer-reviewed journal Science Advances in November 2022 screened 9,000 human proteins to see which protein binds better with the spike (S) protein of SARS-CoV-2, and found the S protein specifically binds to ERα. The binding “upregulates the transcriptional activity of ERα.”

In other words, the S protein of SARS-CoV-2 (from infection or vaccination), when introduced into the human body, binds to ERα and functions as a nuclear receptor coregulator, interfering with the cell’s normal function and leading to malfunction of the cells and organs.

This may explain why death caused by the six types of ERα-sensitive cancers increased in 2022 in Japan after two-thirds of the population received the third dose of the mRNA vaccine.

The vaccine carries the S gene of SARS-CoV-2, hijacking the host cells to produce S proteins. The S proteins produce inside the cell, then bind to ERα, disrupting the cell’s normal function and leading to cancer development.

Cancer is a disease in which some of the body’s cells grow uncontrollably and spread to other parts of the body.

For any healthy person, some cells die, some age, and some become cancerous. All this happens without the person knowing it because the body’s immune system is constantly working to deal with such problems. However, if the immune system is compromised, illness then develops, including cancer.

Plenty of evidence has started to emerge showing that the COVID-19 vaccine has the potential to severely interfere with the human body’s immune system. This new Japanese study provides further evidence of the extent of this phenomenon.

Vaccination and Suppression of Cancer Immunosurveillance

It has been shown the mRNA vaccine not only has the potential to cause cancer, it may also weaken the immune systems’ ability to recognize and repress cancerous tumours.

In a study published last October, Konstantin Fohse and colleagues reported vaccination with BNT162b2 modulated innate immune responses, resulting in a weakened cancer immunosurveillance.

The damage caused by COVID vaccines would have been less if the vaccination wasn’t as widespread, and the dosage of the vaccines were not as high due to boosters.

The Japanese scientists found that for each Pfizer-BioNTech dose, there are about 13 trillion SARS-CoV-2 mRNA-LNP molecules. For Moderna, the number is 40 trillion. Since the average human body has about 37.2 trillion cells, one COVID-19 mRNA-LNP dose would have enough molecules to spread into each and every human cell.

As I wrote previously, contrary to what the Centers for Disease Control and Prevention’s claim that “after the body produces an immune response, it discards all of the vaccine ingredients” because uridines in normal RNA are now replaced with pseudo-uridines in this COVID-19 mRNA-LNP, we know the modified RNA now lives in the body for months and can even find its way into babies through breast milk.

The Japanese study was written before October 2023 using information from 2022 and earlier. As COVID vaccination continues in many countries, it is scary to think how many people may die or develop cancer if the 2022 trend continues.

Uncertain Future

As authorities across the world still claim that the COVID-19 vaccine is “safe and effective” and continue pushing vaccination, it is uncertain what the future holds.

This is because the COVID-19 mRNA-LNP molecules already in the bodies of hundreds of millions of people will remain there and continue producing the S protein, interfering with the immune system and causing cancer and other diseases.

Studies like the one by the Japanese scientists should have been undertaken in countries such as the United States, Canada, and the UK and published in top medical journals without censorship so that we can learn from mistakes and prevent the mistakes from happening again. Unfortunately, that has not happened.

However, hopefully more and more scientists and researchers will be brave enough to point out the very obvious: that the COVID-19 vaccine is not safe.

It is worth noting that the Cureus medical journal was recently acquired by the Springer Nature Group in December 2022. The group also owns renowned scientific publications such as Nature and Nature Medicine.

COVID vaccine injury has been a taboo subject for scientists and medical journals. Many people were cancelled when they tried to defy the censorship. It is refreshing to see Springer Nature publish the Japanese study.

Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times or ZeroHedge.

3 CHINA

CHINA/USA

4.EUROPEAN AFFAIRS//UK /SCANDINAVIAN AFFAIRS

END

EUROPE//POLAND//RUSSIA

very scary!

(zerohedge)

Russia Will Target US Nuclear Weapons In Poland If They Appear

FRIDAY, APR 26, 2024 – 04:15 AM

Russia has warned that Poland will make itself a ‘priority target’ if it hosts NATO nuclear weapons on its territory. In a Thursday statement Russian Deputy Foreign Minister Sergei Ryabkov said “Moves in this direction will not provide greater security (for Poland or other nations that host such weapons).” He was further quoted in Russian media as saying:

Moscow considers any expansion of NATO’s nuclear-sharing arrangement as “deeply destabilizing” in nature, “and in fact threatening” Russia, Ryabkov was quoted as saying by TASS on Thursday. This applies to joint missions, where non-nuclear members of the US-led bloc are trained to use American hardware, and even more so to the permanent stationing of such weapons “which hotheads in Warsaw are talking about,” he said.

In follow-up, Foreign Ministry spokeswoman Maria Zakharova stipulated that “any nuclear weapons deployed to Poland would be legitimate targets in the event of war with the alliance.” Russian media translations said Moscow would see this as a “priority target”.

All of this was in response to words issued by Polish President Andrzej Duda in a Monday interview. He said his country is “ready” to host nuclear weapons should NATO decide to do so as reinforcement of its eastern flank. It remains that the United States chiefly supplies and oversees NATO’s nuclear-sharing program, thus any possible future nukes in Poland would be supplied by Washington.

“Russia is increasingly militarizing the Königsberg oblast (Kaliningrad). Recently, it has been relocating its nuclear weapons to Belarus,” Duda continued, apparently wanting to match and mirror Russian moves. Indeed Belarus is now believed to host possibly dozens of Russian tactical nukes.

“If our allies decide to deploy nuclear weapons as part of nuclear sharing on our territory as well, in order to strengthen the security of NATO’s eastern flank, we are ready for it,” the Polish president had added.

Duda additionally said while discussing the topic of NATO’s nuclear sharing program in the interview that Warsaw and Washington have been in talks “for some time.” He emphasized: “I’ve already talked about it several times. I must admit that when asked about it, I declared our readiness.”

But the reality is Brussels and Washington are likely to be deeply hesitant based on the nuclear threats emanating from Moscow of late. Moving NATO warheads to Polish soil would most certainly greatly intensify the already somewhat high nuclear tensions, and at a moment the proxy war in Ukraine shows no sings of abating.

While three NATO members are officially nuclear weapons states – the United States, France and the United Kingdom – others are authorized to host nukes (typically ‘tactical’ nuclear weapons). They are Belgium, Germany, Italy, the Netherlands and Turkey.

Apparently Poland is now throwing its name in the hat for NATO’s nuclear-sharing program, which would expand Western nuke placement right up to Russia’s backyard. The Kremlin would no doubt deploy more of its strategic assets near Eastern Europe in such a scenario.

5. RUSSIA AND MIDDLE EASTERN AFFAIRS.

HOUTHIS

Houthis Launch Attack On US Cargo & Navy Ships Following Two Weeks Of Quiet

THURSDAY, APR 25, 2024 – 06:05 PM

Yemen’s Iran-linked Houthis have announced new aggressive actions in the Gulf of Aden and Red Sea regions, saying late Wednesday that projectiles were launched against more US and Israeli-owned commercial vessels, and that a US warship was also targeted. This follows a period of relative quiet this month.

Houthi military spokesman Yahya Saree said in a video address that an antiship ballistic missile was launched against the Maersk Yorktown cargo ship in the Gulf of Aden, resulting in a direct hit.

The US military subsequently confirmed the fresh attack on the “US-flagged, owned, and operated vessel with 18 US and four Greek crew members”; however, the statement indicated no casualties or damage. The projectile may have exploded near the ship without hitting it.

“There were no injuries or damage reported by US, coalition, or commercial ships,” US Central Command (CENTCOM) said in the statement, without indicating whether there was any level of an actual direct strike on the ship. Commenting further, Maritime Executive details:

They received a report from a vessel of an explosion in the water approximately 72 nautical miles southeast of the port of Djibouti. The statement only said that there had been an explosion “at a distance,” and that the crew and vessel were reported safe.

CENTCOM further described that within hours of the attack on the Maersk Yorktown, US forces “successfully engaged and destroyed” four drones over Yemen.

The government of Greece this week also said it has been engaged in fresh counter-Houthi actions:

The Greek Ministry of National Defense said on Thursday that one of the country’s military ships serving in the European Union’s naval mission to counter the Houthis in the Red Sea intercepted two drones launched towards a commercial ship from Yemen.

The United Kingdom Maritime Trade Operations (UKMTO) had earlier confirmed an incident some 72 nautical miles (133km) southeast of the port of Djibouti in the Gulf of Aden.

These kind of Houthi attacks in the Red Sea and off Yemen’s coast have somewhat waned of late, compared with the near daily intensity of the prior months, and some analysts have speculated that the Houthis are running low on their missile and drone arsenal.

Prior to Wednesday’s new incidents, the last significant Houthi attacks prior to that came two weeks ago. This could also be due to the prospect of some kind of Red Sea truce negotiations which have been reported of late.

A Yemeni official has been cited in regional outlet The National as saying, “In response to the Yemeni group’s attempts to target Israeli ships, the US has not only resorted to military action but also sought to convey proposals that would incentivize the militants to stop their attacks.”

“Messages containing incentives were sent from the Americans to Sanaa in recent weeks. These messages were delivered through envoys and mediators, including western officials, with the Omani capital, Muscat, also playing a significant role,” the source added.

end

ISRAEL//

and why not Hamas hostages?

(Jerusalem Post)

Extended cabinet approves foreign observers’ visits to Nukhba terrorists in prison

National Security Minister Itamar Ben-Gvir opposed the move and demanded that the hostages receive visits by international delegations as well.

By JERUSALEM POST STAFFAPRIL 25, 2024 16:40Updated: APRIL 26, 2024 03:06

Hamas terrorists who were caught during the October 7 massacre and during the IDF operation in the Gaza Strip, seen at a courtyard in a prison in southern Israel, February 14, 2024 (photo credit: Chaim Goldberg/Flash90) — Hamas terrorists who were caught during the October 7 massacre and during the IDF operation in the Gaza Strip, seen at a courtyard in a prison in southern Israel, February 14, 2024(photo credit: Chaim Goldberg/Flash90)

The extended cabinet approved plans for an Israeli judge, accompanied by two foreign observers, to visit Palestinians detained in Israeli prisons for being part of Hamas’s Nukhba forces, according to Israeli media.

National Security Minister Itamar Ben-Gvir and Finance Minister and Minister in the Defense Ministry Bezalel Smotrich reportedly opposed the decision.

According to Walla, citing an Israeli official, such visits will be part of a try-out plan, with Israel approving the identity of the observers before the visits

END

Egypt renews push for hostage exchange as 18 nations demand deal

It’s the first time that these countries have banded together to form a united front since the hostages were seized during Hamas’s invasion of Israel on October 7.

By HANNAH SARISOHN, TOVAH LAZAROFF, JERUSALEM POST STAFFAPRIL 25, 2024 17:13Updated: APRIL 25, 2024 22:55

Demonstrators protest calling for the release of Israeli hostages held in the Gaza Strip and against the current Israeli government outside Hakirya Base in Tel Aviv, April 20, 2024. (photo credit: Itai Ron/Flash90) — Demonstrators protest calling for the release of Israeli hostages held in the Gaza Strip and against the current Israeli government outside Hakirya Base in Tel Aviv, April 20, 2024.(photo credit: Itai Ron/Flash90)

Egypt renewed efforts for a hostage deal Thursday as the United States and 17 other nations released a joint statement calling on Hamas to free the remaining 133 hostages.

“The fate of the hostages and the civilian population in Gaza, who are protected under international law, is of international concern,” the 18 nations stated, adding that those held “include our own citizens.”

“We call for the immediate release of all hostages held by Hamas in Gaza now for over 200 days,” the nations stated.

end

RAMLE/(JERUSALEM)

Terrorist stabbing attack leaves 18-year-old woman in serious condition

The woman is in serious condition, as the terrorist stabbed her upper body. She is now being treated in Shamir Assaf Harofe Hospital.

By JERUSALEM POST STAFFAPRIL 26, 2024 16:59Updated: APRIL 26, 2024 17:10

Terrorist stabbing attack in Ramle leaves 18-year-old woman in serious condition (photo credit: MAGEN DAVID ADOM) — Terrorist stabbing attack in Ramle leaves 18-year-old woman in serious condition(photo credit: MAGEN DAVID ADOM)

An 18-year-old woman was stabbed by a terrorist in Ramle, central Israel, on Friday afternoon, according to Magen David Adom.

The woman is in serious condition, as the terrorist stabbed her upper body. She is now being treated in Shamir Assaf Harofeh Hospital.

The terrorist has been neutralized.

TURKEY/GAZA/FLOTILLA

Not sure that they will let them sail to Gaza

(zerohedge)

Gaza Aid Flotilla With 1,000 Passengers, Tons Of Supplies Poised To Sail – As IDF Awaits

THURSDAY, APR 25, 2024 – 11:25 PM

A flotilla of ships packed with a thousand activists, human rights observers and more than 5,500 tons of food and medical supplies is ready to sail from Istanbul to for Gaza. To do so, they’ll need the Turkish government to let them leave the port, and then run the risk of being subjected to a deadly Israeli Defense Forces (IDF) attack — as their predecessors were in an infamous 2010 incident.

“The Freedom Flotilla has the support of millions around the world who are outraged at the failure of our governments to protect the Palestinians people from Israel’s genocidal actions, including the deliberate starvation of over two million people,” said the organizing coalition’s Zohar Chamberlain-Regev.

The group has three ships ready to go: one packed with food and medical supplies, and two ships for passengers who hail from 40 different countries. The cargo ship also has eight ambulances and a fire truck aboard — a grim reminder of the IDF’s Nov 3 bombing of an ambulance convoy next to Al-Shifa hospital that killed 15 and wounded dozens.

**A horse lies dead next to an ambulance bombed by the IDF just outside a Gaza hospital on Nov 3** (Momen al-Halabi / AFP – Getty Images via *NBC News*)

CodePink’s Medea Benjamin is among those hoping to set sail, but says she’s worries about diplomatic interference. “The Turkish government might cave to pressure from Israel, the United States and Germany, and prevent the boats from even leaving Istanbul,” she wrote on Tuesday.

“We expect that Turkey will not be bought off and we will indeed sail,” Palestinian-American human rights lawyer Huwaida Arraf optimistically said at a press conference hosted on one of the ships. “Anything less than this is collaborating with the illegal siege on Gaza, and we don’t think that is what the Turkish government will do.”

While the IDF has said little, an Israeli news outlet reported that the Israeli military has already started “security preparations” for commandeering the flotilla. In an infamous 2010 incident, the IDF killed 10 activists aboard a Freedom Flotilla Coalition vessel, the Mavi Marmara.

With that precedent in mind, organizers have been giving volunteers “non-violence training” and educating them on what the Israeli forces may use on them — such as tear gas and concussion grenades.

The Freedom Flotilla Coalition was founded in 2010 to circumvent economically-devastating travel and trade restrictions imposed by the State of Israel on the 25-mile-long Gaza strip. Long before the Oct. 7 Hamas invasion of southern Israel, the Zionist state has blocked the people of Gaza from having an airport or even a seaport.

From the first days of Israel’s post-Oct. 7 attack on Gaza, Israel made clear its intentions to cause widespread devastation in the strip. “I have ordered a complete siege on the Gaza Strip. There will be no electricity, no food, no fuel, everything is closed,” Defense Minister Yoav Gallant told reporters on Oct. 9. “We are fighting human animals and we are acting accordingly.”

**A crowd of Palestinians seeking food in Rafah** (via *Btselem*)

On Tuesday, US Special Envoy for Humanitarian Issues David Satterfield belatedly acknowledged that the risk of famine in Gaza is “very high.” This comes long after a various news outlets and humanitarian organizations have reported on increasingly desperate measures Gaza residents have resorted to, including boiling weeds and eating animal food. Acute malnutrition among young children is soaring, and UNICEF says the entire population is in increasing peril:

“The Integrated Food Security Phase Classification (IPC) projected that 1.1 million people face catastrophic levels of hunger (IPC Phase 5) and are at risk of famine in the Gaza Strip, the highest number of people ever recorded in this category by the IPC system.”

On Wednesday, President Biden signed off on a controversial foreign aid package that included another $26 billion for Israel. In his State of the Union address, Biden announced that the Pentagon would create a floating port off the Gaza coast to facilitate the flow of humanitarian aid. Some six weeks later, construction hasn’t even started, but a spokesman on Tuesday said it should begin “in the coming weeks.”

end

ISRAEL HEZBOLLAH

ISRAEL/HAMAS

IRAN/

IRAN/ISRAEL

end

RUSSIA/UKRAINE/

Biden upset: Ukraine was not suppose to target Russian oil refiners as that will drive up oil prices.

(zerohedge)

Ukrainian Drone Strikes Target Russian Oil Refineries Again Despite White House Pleas

BY TYLER DURDEN

FRIDAY, APR 26, 2024 – 08:55 AM

Just days after the Biden administration signed a new military aid package worth billions of dollars to Ukraine, Kyiv launched a series of suicide drone attacks on Russian oil refineries. Biden’s top officials have pleaded with Kyiv to stop attacks on Russia’s energy infrastructure because of the fears that turmoil in crude markets would send pump prices in the US higher ahead of the presidential elections in November.

“Our region is again under attack by Ukrainian UAVs,” Smolensk Governor Vasily Anokhin wrote in a post on Telegram on Wednesday. Kamikaze drones damaged oil facilities in western Russia.

Another drone attack hit the Lipetsk region further south, which is home to steel production plants and pharmaceutical sites, Governor Igor Artamonov said.

“The Kyiv criminal regime tried to hit infrastructure in Lipetsk industrial zone,” Artamonov said.

The Moscow Times pointed out:

A source in the Ukrainian defense sector confirmed to AFP on Wednesday that drones in the service of the Security Service of Ukraine (SBU) had carried out the attacks.

The source made no mention of the attack on Lipetsk but claimed two oil depots were destroyed in the Smolensk region.

“Rosneft lost two storage and pumping bases for fuels and lubricants in the towns of Yartsevo and Rozdorovo,” the source said, referring to the Russian state-controlled energy giant.

The Financial Times, citing unnamed US officials, recently said long-range drones have hit at least 20 energy facilities deep within Russia so far this year. Kyiv’s drone attacks on Russia’s energy complex have been frightening for the Biden administration, as Brent prices have risen to the $90/bbl level on higher war risk premiums. Higher energy costs feed into inflation as stagflation concerns mount in the US. Also, gasoline pump prices in the US are inching closer to the politically sensitive $4 level.

According to AAA data, the average cost of gas at the pump across the US was $3.66 as of Thursday, up from $3.10 in mid-January.

“The recent uptick in US consumer price inflation, driven by services, housing and fuel, is already of concern to the Biden administration, which is hoping to secure a second term in the November election,” Markus Korhonen, senior associate at geopolitical risk consultancy S-RM, told Newsweek.

In recent weeks, Brent prices jumped to the $90bbl to $92bbl range on a higher war risk premium as Israel and Iran volleyed missiles and drones at each other. Prices sank to as low as the $85bbl handle as the market saw the Middle East conflict was just theatrics. However, prices have increased from $85bbl earlier this week, to $89.50 on Friday morning – perhaps on new fears of tighter Russia supplies.

The latest Bloomberg data shows Russian seaborne crude exports hit a multi-month high in the four weeks to April 21. Refineries in the country have struggled to be repaired from the series of drone attacks as oil processing sinks to lows last seen in May 2023 when floods forced the Orsk refinery offline.

So far, Ukraine has only attacked oil-processing facilities deep within Russia, avoiding crude and crude product export ports.

“Should Ukraine begin also targeting crude oil facilities, this could threaten Russia’s overall production and exports and, more meaningfully, global oil prices would tick up, driving up inflation and cost-of-living pressures in the US and elsewhere,” said Korhonen, adding, “It would also raise the prospects of Russia retaliating, for example, targeting energy infrastructure that the West relies on.”

The ultimate goal of Ukraine’s drone attacks is to reduce Moscow’s oil revenues that finance the war. This means that Russia’s crude export ports will be targeted at some point. And we’re 100% sure the Biden administration is terrified about this ahead of the elections.

If that happens, “it would not only bring up the price of oil, it would put a lot of pressure on inflation because of the impact on prices,” said O’Donnell.

The question becomes when does Kyiv begin hitting Russia’s crude export terminals.

RUSSIA/UKRAINE/USA

RUSSIA/USA/

6.Global Issues//COVID ISSUES

COVID ISSUES/VACCINE ISSUES//DRUG ISSUES

GLOBAL ISSUES//GLOBAL SALES

end

MARK CRISPIN MILLER

END

DR PAUL ALEXANDER

If they tell you that there is a new pandemic with H5N1 & they will use the PCR ‘process’ to diagnose, STOP right there, turn it all off, spit on whomever especially if its your doctor; its the same

OPERATION…they coming at you sideways now, they think they can lock you down again & scare you to wear masks & take more Malone Bourla mRNA technology killer shots; tell them I said FUCK off!

DR. PAUL ALEXANDERAPR 25

READ IN APP

Tell them Dr. Alexander said to tell you fuck to hell off!! Leave you alone. And this time, be prepared by the millions, to take to the street peacefully, civilly, calmly and march…march to your capitals…and sit…but by the millions…shut the shit all down…not a truck, a car, nothing moves…we do it Gandhi way…peaceful…we will drive them into the ground this time. No violence, no thought of that…just calm…your rights. shut it all down!

I would argue, as would Yeadon et al. that pandemics are NOT real! I say not real…this is a made-up construct. We have had no pandemic in last 100 years and you cannot, I say CANNOT have a pandemic, rapid spread with one pathogen like COVID, no RNA stranded virus can PANDEMIC, just cannot. the genetic copying mechanism will NOT let it happen. CANNOT. Spanish Flu, most died from bacterial pneumonia and not any virus from no pandemic, and had we had antibiotics then, they would have lived…most died too due to deadly use of aspirin that had just been discovered and people were over-dosed…this is my reading as I understand more on aspirin and how it was devastatingly used in Spanish Flu…

again, COVID was a lie, all of it! and we will learn who did what and when and how and why…the truth is never far behind…

we have never had a pandemic!

there is no H5N1 coming pandemic, no disease X coming pandemic, nothing, this is a scam, like COVID…a pure scam. the COVID vaccine was a fraud scam and it turned out kills people. money making yes for many, but it killed many and yes, we will shut it all down…nothing will move for weeks, months if we have to…to get all the demons out of the places of power…but in all this, we must get accountability…in proper legal forums and ballot box.

be prepared…for they are coming for you, us, again…with a new fake contagion…they know you scared of that. and when Malone talks, spit on the laptop screen or tv screen, I told you before, trust Malone like you would have trusted Ted Bundy one steamy Florida night, to take your teen sister out for dinner. That trust.

the OPERATION is still alive, started even before the OPERATION NORTHWOODS…

Nothing about COVID was real, it was all fake, 100%…all they said about any ‘virus’, lockdowns, vaccine, all of it…it was pure made up…to kill you! to topple Trump etc…many reasons we realize now, they used fake contagion and fear of it…we know 2 things for certain,

i)on 911, 3000 people died exiting those towers they bought down and thousands of our soldiers died for nothing and Bush Jr. killed millions of innocent men, women, children for a lie of WMD that he and they knew was a lie

ii)95% of those who died in this fake COVID, died not from any virus, but from medical management with neglect, isolation in the hospitals (yes, it is time we understood murder in the first can happen in a hospital as it can happen outside the subway), dehydration of granny, powerful respiratory suppressing drugs on granny, fear, death spiral, propofol, midazolam, lorazepam, morphine, fentanyl…Remdesivir that destroyed her kidneys and liver, and the deadly ventilator…DNR orders on her and denial of antibiotics that was needed most certainly for bacterial pneumonia secondary to any ILI, viral respiratory infection.

there was never a pandemic, never, and excess deaths happened ONLY after mRNA vaccine was rolled out post Jan 2021.

END

Crossfire Hurricane: Mike Davis/Julie Kelly punishingly reveals the reason Biden (illegally) raided Trump’s Mar-a-Lago is because Trump declassified (via memo on 1/19/2021) and kept his personal

copy of his Crossfire Hurricane presidential records. These Crossfire Hurricane records are devastating to Obama, Biden, Hillary, Clapper, Comey, etc. Biden reacted by waiving Trump’s executive

DR. PAUL ALEXANDERAPR 25

READ IN APP

privilege…Biden had to get any evidence Trump had of the fraud fake Russia Collusion and it is in those Crossfire Hurricane documents…pointing directly at Obama, Hilary, Biden, Clapper et al. Go ask **cough cough Huma, Harf, and the one with red hair ** cough cough

‘Again, the reason Biden (illegally) raided Trump is because Trump declassified (via memo on 1/19/2021) and kept his personal copy of his Crossfire Hurricane presidential records. Biden, through his Deputy Counsel White House Jonathan Su, waived Trump’s claim of executive privilege. Biden AG Merrick Garland personally approved the raid.

Alexander COVID News_a PCR manufactured fake COVID pandemic is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Subscribed

These Crossfire Hurricane records are devastating to Obama, Biden, Hillary, Clapper, Comey, and so many others. They made up the Russian collusion hoax in 2016. Because Russia almost certainly hacked Hillary’s home server. Evidencing her Clinton Foundation foreign corruption as Obama’s Secretary of State. If Russia leaked the hacked material before the election, Hillary wanted to blame a Trump dirty campaign trick—falsely accusing him of colluding with Russia.

Conspiracy theory? 51 former intel agents, working with the CIA, ran the same play with Hunter’s laptop of Biden’s foreign corruption in 2020. This is a criminal conspiracy. Trump could have publicly disclosed these declassified Crossfire Hurricane records in his civil lawsuit versus Hillary over the Russian-collusion hoax Magistrate Judge Bruce Reinhart, a Democrat operative who bashed Trump on Facebook, was forced to recuse from that case. Six weeks later, Reinhart’s clear bias against Trump (somehow) didn’t matter anymore.

Reinhart approved Biden’s (through Garland and Jay Bratt, now Jack Smith’s counselor) unprecedented, unnecessary, and unlawful raid on Trump. For presidential records Trump was allowed to have in the Office of the Former President, per the Presidential Records Act.

In other words, Obama and Biden have politicized and weaponized law enforcement and intel agencies to interfere in the 2016, 2020, and 2024 presidential elections against Trump. Because Obama and Biden know Trump has the goods on their ongoing Russian-collusion criminal conspiracy.

The Trump 47 DOJ must deliver severe consequences.’

Put another way, we must punish them including serious jail time and now you understand why they want his shot? Trump can jail them all and we want him to.

SLAY NEWS

The latest reports from Slay News

Hospital Whistleblower: Doctors Are Euthanizing Covid-Vaxxed Due to ‘Horrific’ Side Effects A medical industry whistleblower has come forward with explosive allegations to warn the public that Covid mRNA shots are causing people to “die so horrifically” and “so quickly” after they received the injections.READ MORE

WEF: 98% of Central Banks Now Ready to Usher In ‘Cashless Society’The World Economic Forum (WEF) has boasted that 98 percent of all central banks have now agreed to advance the unelected globalist organization’s “cashless society” agenda.READ MORE

Woman Robbed, Violently Assaulted by 13-Year-Old Thug in Seattle A woman was violently assaulted by a 13-year-old boy during a robbery in Seattle, Washington, police revealed. The young thug was arrested earlier this month after he snatched a woman’s purse at a Seattle pharmacy. Authorities said the teen punched the victim in the face when she confronted him. The incident in the 2600 block of Southwest Barton Street on April …READ MORE

Christians Outraged after Biden Makes Sign of the Cross at Abortion Rally: ‘Disgusting Insult’Democrat President Joe Biden has provoked a furious backlash from Christian groups after he invoked his alleged Catholic faith during an appearance at a pro-abortion rally.READ MORE

Speaker Johnson Visits Columbia: Pro-Hamas Protesters Are Full of ‘Rage’ but ‘Don’t Know What They’re Talking About’House Speaker Mike Johnson (R-LA) has visited Columbia University and blasted the pro-Hamas protesters who have set up camp on the prestigious school’s campus.READ MORE

Trump Offered to Take DNA Test to Disprove Salacious Rumor, ‘Hush Money’ Witness Testifies A witness testifying in the so-called “hush money” trial has told the jury that President Donald Trump offered to take a DNA test to disprove a salacious rumor about him.READ MORE

Baltimore Sues Operators of ‘Unseaworthy’ Ship Behind Francis Scott Key Bridge Collapse The city of Baltimore is suing the owners of the cargo ship that caused the Francis Scott Key Bridge collapse, according to reports.READ MORE

Retired Judge: Trump Should Face ‘Jail Time’ for Violating ‘Hush Money’ Gag Order Retired Judge LaDoris Cordell said she would “impose jail time” on President Donald Trump for violating the gag order in his so-called “hush money” trial.READ MORE

Alec Baldwin Claims Prosecutor Only Charging Him for ‘Rust’ Shooting Death to ‘Humble’ an ‘Arrogant’ Hollywood Star Actor Alec Baldwin claims he’s only being charged for shooting and killing a woman on the set of his movie “Rust” because the prosecutor wants to “humble” an “arrogant” Hollywood star.READ MORE

Biden Admin Spent Border Wall Funds on Climate Agenda, Watchdog Reveals Democrat President Joe Biden’s administration has blown through the taxpayer funds allocated for border wall construction by spending the money on globalist “climate change” initiatives.READ MORE

Leftist ‘Daily Show’ Hosts Blast ‘Crazy’ Biden over ‘Cannibals’ Story: ‘You’re Going to Lose the Election’Two leftist co-hosts of “The Daily Show” have blasted Democrat President Joe Biden over his debunked and widely mocked story about his uncle being “eaten by cannibals.”READ MORE

Biden Linked to ‘Whistleblower’ Behind Trump Impeachment, Emails Show A newly uncovered batch of emails has revealed that Joe Biden is linked to the so-called “whistleblower” behind the Democrats’ first impeachment of President Donald Trump.READ MORE

Democrat Rep Donald Payne Jr Dead at 65 Democrat Rep. Donald Payne Jr. (D-NJ) has died after suffering a heart attack, his family has confirmed.READ MORE

EVOL NEWS

NEWS ADDICT

LATEST REPORTS FOR NEWS JUNKIESModerna Admits Covid mRNA Shots Cause Deadly ‘Turbo Cancers’Moderna has admitted that the Covid mRNA shots that it and other pharmaceutical companies produce cause deadly “turbo cancers.”READ THE FULL REPORT Australia Calls for Elon Musk’s Arrest for Allowing Free Speech on X Top Australian officials have put out a call for the arrest of billionaire Elon Musk for allowing members of the public to exercise their rights to free speech on his social media platform X.READ THE FULL REPORT Supreme Court Deals Final Blow to Attempt to Block Trump from Arizona Ballot The U.S. Supreme Court has put an end to a bid to keep former President Donald Trump off the presidential ballot in Arizona.READ THE FULL REPORT Media Research Center Reveals: Facebook Has Interfered in U.S. Elections 39 Times Since 2008 A new study by the Media Research Center (MRC) found 39 cases of Facebook interfering in American elections since 2008.READ THE FULL REPORT MSM BLACKOUT: Stormy Daniels Owes Trump $300,000 Plus Interest for Making False Allegations Against Him Today, the mainstream media is oddly silent about Stormy Daniels owing President Trump $300,000 for making false accusations against him.READ THE FULL REPORT

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

7.OIL PRICES/GAS PRICES/OIL ISSUES

EU Prepares To Tighten Screws On Russian LNG Imports

FRIDAY, APR 26, 2024 – 05:00 AM

By Julianne Geiger of OilPrice.com

In a move that could reshape Europe’s energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas (LNG) imports.

According to Reuters sources close to the matter, the proposed measures will include a ban on shipments within the EU and sanctions on three Russian LNG projects.

The European Commission’s decision comes amid growing concerns over Europe’s reliance on Russian energy, particularly in the wake of the ongoing conflict in Ukraine. While the EU imposed a ban on Russian seaborne oil imports earlier this year, it has thus far refrained from taking similar action against LNG imports. However, with imports of Russian LNG surging since the start of the war, accounting for around 15% of EU gas supply, pressure has been mounting on Brussels to act.

The proposed ban on trans-shipments within the EU is aimed at preventing the diversion of Russian LNG cargoes to other destinations. Currently, Belgium, France, and Spain are the largest importers of Russian LNG, with many of these imports being re-exported to other countries, including China. By imposing restrictions on trans-shipments, the EU hopes to ensure that Russian LNG does not find its way to markets outside of Europe.

In addition to the ban on trans-shipments, the European Commission is also considering sanctions on three Russian LNG projects – Arctic LNG 2, Ust Luga, and Murmansk. While the details of these sanctions are still being discussed, they are expected to target projects that are not yet operational, further complicating Russia’s efforts to expand its LNG exports.

The move by the European Commission reflects growing unease within the EU over its dependence on Russian energy. With tensions between Russia and the West showing no signs of abating, European policymakers are increasingly looking for ways to reduce Europe’s exposure to Russian energy supplies. By targeting Russian LNG imports, the EU hopes to send a clear message to Moscow that its actions in Ukraine will not go unpunished.

However, the proposed sanctions are likely to face resistance from some EU member states, particularly those that are heavily reliant on Russian energy. Nevertheless, with pressure mounting on Brussels to take action, it seems increasingly likely that Europe’s energy landscape could be in for a significant shake-up in the coming months.

end

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

END

YOUR EARLY CURRENCY/GOLD AND SILVER PRICING/ASIAN CLOSING MARKETS AND EUROPEAN BOURSE OPENING AND CLOSING/ INTEREST RATE SETTINGS FRIDAY MORNING 6;30AM//OPENING AND CLOSING

EURO VS USA DOLLAR: 1.0730 UP .0003

USA/ YEN 156.72UP 1.11 NOW TARGETS INTEREST RATE AT 1.00% AS IT WILL BUY UNLIMITED BONDS TO GETS TO THAT LEVEL…//YEN STILL FALLS//

GBP/USA 1.2518 UP .0011

USA/CAN DOLLAR: 1.3652 UP .0017 (CDN DOLLAR DOWN 17 BASIS PTS)

Last night Shanghai COMPOSITE CLOSED UP 35.74 PTS OR 1.17%

Hang Seng CLOSED UP 366.61 PTS OR 0.81%

AUSTRALIA CLOSED DOWN 1.29%

// EUROPEAN BOURSE: ALL GREEN

Trading from Europe and ASIA

I) EUROPEAN BOURSES: ALL GREEN

2/ CHINESE BOURSES / :Hang SENG CLOSED UP366.61 PTS OR 2.12%

/SHANGHAI CLOSED UP 35.79 PTS OR 1.1%

AUSTRALIA BOURSE CLOSED DOWN 1.24%

(Nikkei (Japan) CLOSED UP 306.29PTS OR 0.81%

INDIA’S SENSEX IN THE RED

Gold very early morning trading: 2346.40

silver:$27.57

USA dollar index early FRIDAY morning: 105.55 UP 10 BASIS POINTS FROM THURSDAY’s CLOSE.

FRIDAY MORNING NUMBERS ENDS

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

And now your closing FRIDAY NUMBERS 1: 30 AM

Portuguese 10 year bond yield: 3.282% UP 5 in basis point(s) yield

JAPANESE BOND YIELD: +0.906% UP 0 AND 6/100 BASIS POINTS /JAPAN losing control of its yield curve/

SPANISH 10 YR BOND YIELD: 3.431 UP 5 in basis points yield

ITALIAN 10 YR BOND YIELD 3.985UP 5 points in basis points yield ./ THE ECB IS QE’ ING ITALIAN BONDS (BUYING ITALIAN BONDS/SELLING GERMAN BUNDS)

GERMAN 10 YR BOND YIELD: 2.630UP 4 BASIS PTS

END

IMPORTANT CURRENCY CLOSES FOR FRIDAY

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

Euro/USA 1.0733 UP 0.0033 OR 33 basis points

USA/Japan: 155.51 UP .246 OR YEN IS DOWN 25 BASIS PTS

Great Britain/USA 1.2514 UP .0055 OR 55 BASIS POINTS //

Canadian dollar UP .0025 OR 25 BASIS pts to 1.3679

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

The USA/Yuan, CNY: closed UP ON SHORE CLOSED UP AT 7.2390

THE USA/YUAN OFFSHORE: (YUAN CLOSED (UP)…. (7.2583)

TURKISH LIRA: 32.49 EXTREMELY DANGEROUS LEVEL/DEATH WATCH/HYPERINFLATION TO BEGIN.//ON DEATH WATCH

the 10 yr Japanese bond yield at +0.906…

Your closing 10 yr US bond yield UP 5 in basis points from THURSDAY at 4.700% //trading well ABOVE the resistance level of 2.27-2.32%) very problematic

USA 30 yr bond yield 4.811 UP 3 in basis points /12.00 PM

USA 2 YR BOND YIELD: 4.991 UP 45BASIS PTS.

GOLD AT 11;30 AM 2328,40

SILVER AT 11;30: 27.31

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

London: CLOSED UP 40.97 PTS OR 0.79

German Dax : CLOSED UP 243.79PTS OR 1.36%

Paris CAC CLOSED UP 71.59PTS OR 0.69%

Spain IBEX CLOSED UP 179..60TS OR 1.52%

Italian MIB: CLOSED DOWN 310.89PTS OR 0.91%

WTI Oil price 83.2612EST/

Brent Oil: 89.3012:00 EST

USA /RUSSIAN ROUBLE /// AT: 91.76 ROUBLE UP 0 AND 31/100

GERMAN 10 YR BOND YIELD; +2.6300UP 4 BASIS PTS.

UK 10 YR YIELD: 4.3690DOWN 4 BASIS POINTS

CLOSING NUMBERS: 4 PM

Euro vs USA 1.0690 DOWN36 OR 36 BASIS POINTS

British Pound: 1.2471 DOWN 36or 36 basis pts

BRITISH 10 YR GILT BOND YIELD: 4.369 DOWN 2 BASIS PTS//

JAPAN 10 YR YIELD: .928

USA dollar vs Japanese Yen: 158.29 UP 2.67YEN DOWN 267 BASIS PTS//

USA dollar vs Canadian dollar: 1.3669UP.0010CDN dollar DOWN 10 BASIS PTS

West Texas intermediate oil: 83.66

Brent OIL: 89.30

USA 10 yr bond yield DOWN 4 BASIS pts to 4.663

USA 30 yr bond yield DOWN 4 BASIS PTS to 4.777%

USA 2 YR BOND: DOWN 1 PTS AT 4.993

USA dollar index: 105.95 UP 56 BASIS POINTS

USA DOLLAR VS TURKISH LIRA: 32. 48 GETTING QUITE CLOSE TO BLOWING UP/

USA DOLLAR VS RUSSIA//// ROUBLE: 91,76 UP 0 AND 3/100 roubles

GOLD 2,337.803:30 PM

SILVER: 27.23030 PM

DOW JONES INDUSTRIAL AVERAGE: UP 153.86 PTS OR 0.40%

NASDAQ UP 287.79 PTS OR 1.67%

VOLATILITY INDEX: 15.03 DOWN 0.34PTS OR 2.21%

GLD: $216.62 UP 0.70 OR 0.32%

SLV/ $24.89 DOWN 1.7 OR 0.68%

end

USA AFFAIRS

TODAY’S TRADING IN GRAPH FORM

Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth

BY TYLER DURDEN

FRIDAY, APR 26, 2024 – 04:00 PM

It was an ugly macro week…

Source: Bloomberg

…and worse still, ‘growth’ surprises disappointed significantly while ‘inflation’ surprises surprised to the upside significantly…

Source: Bloomberg

Soaring inflation expectations sent rate-cut expectations to new cycle lows…

Source: Bloomberg

…pushing yields higher across the board (led by the long-end)…

Source: Bloomberg

But, stocks didn’t care about any of that because a handful of mega-cap tech stocks’ earnings were awesome (except META) – and that’s what matters (for now)…

Source: Bloomberg

Nasdaq outperformed, up 4% on the week (its best week since the start of Nov 2023). The Dow was the laggard on the week but all the majors had a decent week…

Not the best week for some observers…

This week saw the biggest short-squeeze since the first week of March…

Source: Bloomberg

And the basket of Magnificent 7 stocks soared over 5% this week, its best week since the first week of November (Fed Pivot) – but it was noisy as TSLA surged, META tumbled, and then GOOGL/MSFT lifted the lid…

Source: Bloomberg

TSLA pushed back above $500BN market cap this week and Alphabet soared above $2TN market cap for the first time ever…

Source: Bloomberg

Tech and Discretionary outperformed on the week with Energy and Materials lagging (but all sectors ended the week green)…

Source: Bloomberg

5.00% remains the Maginot Line for the 2Y Yield…

Source: Bloomberg

Interestingly, the dollar ended the week practically unchanged – despite a lot of noise…

Source: Bloomberg

…despite the seventh straight week of declines in the yen vs the dollar as it appears the BoJ and MoF have given up…

Source: Bloomberg

Gold was dumped this week – its worst week since the start of December 2023. Spot prices did find support at $2300 though…

Source: Bloomberg

After two down weeks, oil prices rallied this week, with WTI back above $83…

Source: Bloomberg

Finally, intraday volatility has picked up dramatically in the last couple of weeks…

Source: Bloomberg

…as the distribution of possible rate outcomes has picked up significantly. Don’t forget next week’s QRA and FOMC as Yellen and Powell get ‘back to work’.

END

MORNING TRADING/

AFTERNOON TRADING/

II USA DATA

Fed\s favourite inflation indicator prints hotter than expected and along with that savings rate plunges as people spend more to keep up with inflation

(zerohedge)

Fed’s Favorite Inflation Indicator Prints Hotter-Than-Expected As Savings Rate Plunges

FRIDAY, APR 26, 2024 – 08:39 AM

With inflation data surprising to the upside recently…

Source: Bloomberg

…the doves’ last chance for sooner than later rate-cuts is today’s Core PCE Deflator – often described as The Fed’s favorite inflation signal. Last month saw an uptick in the headline deflator and following yesterday’s core PCE rise for Q1, all eyes are on the March data released this morning.

However, both the headline and core PCE Deflator data printed hotter than expected (+2.7% vs +2.6% exp vs +2.5% prior and +2.8% vs +2.7% exp vs +2.8% prior respectively)…

Source: Bloomberg

The silver lining is that this hot PCE print is ‘dovish’ relative to the GDP-based data we saw yesterday, with whisper numbers of +0.4 to +0.5% MoM (vs the +0.3% print).

But still – it’s not good for the doves.

As WSJ Fed Whisperer Nick Timiraos notes, the 3-Month annualized core PCE jumped to 4.4%…

The Service sector led the MoM and YoY acceleration in headline PCE…

Source: Bloomberg

And for Core PCE, it was Services prices too that drove the acceleration…

Source: Bloomberg

The so-called SuperCore – Services inflation ex-Shelter – rose once again, and was revised higher…

Source: Bloomberg

Stripping it back even further, Transportation Services and ‘Other Services’ were the biggest gainers in SuperCore…

Source: Bloomberg

Income and Spending both rose again on a MoM basis with spending outpacing income (again). The 0.8% MoM rise in spending was the highest since Jan 2023…

Source: Bloomberg

Spending is accelerating fast relative to incomes (on a YoY basis) – and remember this is all nominal…

Source: Bloomberg

On the income side, government and private wage growth accelerated:

Govt wages rose to 8.5% YoY, from 8.3%, the highest Dec 22
Private wages rose to 5.5% YoY, from 5.4%, highest since Dec 22 as well

Source: Bloomberg

Which meant the personal savings rate plunged to 3.2% from 3.6% – its lowest since Nov 2022…

And the soaring credit card balance explains how people are getting by…

Source: Bloomberg

And all this amid the fourth straight month of government handouts…

Source: Bloomberg

Finally, while the markets are exuberant at the survey-based disinflation, we do note that it’s not all sunshine and unicorns. The vast majority of the reduction in inflation has been ‘cyclical’…

Source: Bloomberg

Acyclical Core PCE inflation remains extremely high, although it has fallen from its highs.

Is The (apolitical) Fed going to be able to cut at all this year like Joe Biden said they would?

END

University Michigan inflation expectations accelerated in April

(zerohedge0

UMich Inflation Expectations Accelerated In April To 2024 Highs

FRIDAY, APR 26, 2024 – 10:09 AM

Short-term inflation expectations rose… again… according to the latest UMich sentiment survey with 1-year expectations at 3.2% final, up from preliminary 3.1% for April, and 2.9% for March. This is the highest level since Nov 2023…

Source: Bloomberg

The headline sentiment also declined in April from three-year-highs. Consumers’ perceptions of their current financial situation and the economic outlook over the next year both slid to four-month lows. The current conditions gauge dropped to 79 from 82.5. A measure of expectations fell to 76 from 77.4.

Source: Bloomberg

While “consumers’ frustration over high prices in their day-to-day spending decisions grew this month, price concerns for large purchases – durable goods, vehicles, and homes – were all little changed from last month,’’ Joanne Hsu, director of the survey, said in a statement.

About 38% of consumers reported that high prices were weighing down their living standards, up from 33% who said so last month.

Sentiment gauges also provide insight into voters’ feelings about the economy and their finances leading up to the presidential election in November. President Joe Biden’s recent polling bump in key battleground states has mostly evaporated amid economic pessimism, the latest Bloomberg News/Morning Consult poll found.

“Consumers continue to express uncertainty about the future trajectory of the economy pending the outcomes of the upcoming election,” Hsu said.

Partisan differences in views of the economy remain pronounced. While Democrats and Independents saw little change in sentiment this month, sentiment for Republicans fell about 6 index points.

Republicans reported declines for four of the five components of the sentiment index, reflecting their deteriorating views across multiple facets of the economy. Despite these declines, sentiment for Republicans remains well above 2022 and 2023 levels.

In fact, the current reading for Republicans’ Expectations Index is the second highest (after last month) since the end of 2020, as the Trump presidency came to a close.

TUCKER CARLSON…

END

III USA ECONOMIC COMMENTARIES

Hertz Increases The Number Of Electric Cars It Wants To Get Rid Off To 30,000 From 20,000

THURSDAY, APR 25, 2024 – 09:45 PM

By Charles Kennedy of OilPrice.com

Hertz raised the number of electric vehicles it plans to sell this year as it is cutting its EV fleet to reduce losses that have weighed on the car rental giant’s earnings.

In the first quarter, Hertz upsized its EV disposition plan by 10,000 vehicles, for a total of 30,000 EVs intended for sale in 2024. Most of these EVs will be Teslas.

The company incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale which were remaining in inventory at quarter-end to fair value and recognize the disposition losses on EVs sold in the period, Hertz said in a statement on Thursday

Vehicle depreciation in the first quarter of 2024 increased by $588 million, or $339 on a per unit basis. Of the $339 per unit increase, $119 was related to EVs held for sale, the company said. [if !supportLineBreakNewLine] [endif]

Hertz reported a much larger loss for the first quarter than analysts had forecast. Adjusted net loss stood at $392 million, or $1.28 loss per diluted share.

This compares with an analyst consensus estimate of a loss of $0.45 per share.

Following the earnings release on Thursday, Hertz’s stock crashed by 21% on the NASDAQ but ended off the lows, still down 19%…

Hertz was an early mover in buying EVs to rent to customers, but it and other car rental companies have recently started to sell the EVs they had previously purchased due to weaker customer demand for EV rentals.

Hertz, unlike other rental firms, has a more risky approach because it fully owns all the EVs it has bought and is losing money if the resale value slumps.

As it did.

Earlier this year, Hertz said in a regulatory filing to the SEC it is selling roughly one-third of its electric vehicle fleet, highlighting the risk of its first-mover strategy when it comes to EVs.

end

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

Hundreds arrested across US campuses as police clamp down on anti-Israel protests

Authorities increasingly using a heavy hand with encampments popping up at colleges throughout the country; 108 arrested at Boston protest, 93 at University of Southern California

By AGENCIES and TOI STAFFToday, 12:04

Anti-Israel activists and students from Emerson College block an alley where they have set up an encampment as police move in to clear it, in Boston, Massachusetts, on April 25, 2024. (Joseph Prezioso / AFP)

Authorities across the US are taking an increasingly hardline approach in shutting down anti-Israel student encampments before they can take root, as they pop up at universities throughout the country calling for divestment from Israel amid the war in Gaza.

In the latest campus clash, police officers immediately responded on Thursday morning as student protesters at New Jersey’s Princeton University began setting up an encampment, video footage on social media showed.

“You all are in violation of university policy. These tents must come down now,” an officer is heard saying in a video posted on X, as protesters chant “Free, free Palestine.”

The swift response by police in Princeton came hours after Boston police forcibly removed an encampment set up by Emerson College students early on Thursday, arresting 108 people, media accounts and police said.

The tents, on a walkway next to the college in downtown Boston, were removed shortly after 1 a.m., police said.

Video of the scuffle showed students in the alleyway linking arms and using umbrellas to resist officers, who moved forcefully through the crowd and threw some protesters to the ground.

College leaders had earlier warned students that the alley, which is not solely owned by Emerson, had a public right-of-way and city authorities had threatened to take action if the protesters didn’t leave. The video showed officers first warning students to leave before moving in. Emerson canceled classes on Thursday.

Andy Ngô

@MrAndyNgo

Overnight, far-left extremists gathered at

@EmersonCollege

in Boston for a direct action for Gaza. They attacked police & brought umbrellas, an Antifa tactic used to hide themselves and to assault people. Four officers were injured during the 108 arrests.

0:58

From

Working Mass

1:32 PM · Apr 25, 2024

Another 93 people were arrested Wednesday night during a protest at the University of Southern California, the Los Angeles Police Department said. One person was arrested on allegations of assault with a deadly weapon, although police officials didn’t immediately provide details about the incident.

At USC, tensions were already high after the university canceled a planned commencement speech by the school’s pro-Palestinian valedictorian, citing safety concerns.

The university later canceled its main stage graduation ceremony. The university said it would still host dozens of commencement events, including all the traditional individual school commencement ceremonies where students cross a stage and receive their diplomas.

After scuffles with police early Wednesday, a few dozen demonstrators standing in a circle with locked arms were detained one by one without incident later in the evening.

Officers encircled the dwindling group sitting in defiance of an earlier warning to disperse or be arrested. Beyond the police line, hundreds of onlookers watched as helicopters buzzed overhead. The school closed the campus.

North of USC, protesters at California State Polytechnic University, Humboldt, were barricaded inside a building for a third day. The school shut down campus through the weekend and made classes virtual.

A fresh demonstration at the University of California, Los Angeles, called for colleges to sever ties with Israel and with companies they say profit from the conflict.

“For 201 days, the world has watched in silence as Israel has murdered over 30,000 Palestinians,” said a message posted online by organizers of the UCLA protest.

“Today, UCLA joins students across the country in demanding that our universities divest from the companies which profit off of the occupation, apartheid, and genocide in Palestine.”

At Emory University in Atlanta, local and state police swept in to dismantle a camp, although the university said the protesters weren’t students but rather outside activists. Some officers carried semiautomatic weapons, and video shows officers using a stun gun on one protester whom they had pinned to the ground. At least 17 people were detained, handcuffed with zip ties, and loaded into a police transport van. It was unclear if the people detained were Emory students or faculty.

Protesters at Emory chanted slogans supporting Palestinians and opposing a public safety training center being built in Atlanta. The two movements are closely entwined in Atlanta, where there have been years of “Stop Cop City” activism that has included attacks on property.

Harvard University in Massachusetts had sought to stay ahead of protests this week by limiting access to Harvard Yard and requiring permission for tents and tables. That didn’t stop protesters from setting up a camp with 14 tents Wednesday after a rally against the university’s suspension of the Harvard Undergraduate Palestine Solidarity Committee.

At Northwestern University, students began erecting tents on the campus just north of Chicago as they called for the school to protect anti-Israel speakers and end relationships with Israeli institutions, organizers said.

“We refuse to allow business to continue as usual in the face of Northwestern’s complicity,” the NU Educators for Justice in Palestine, Student Liberation Union, and Jewish Voice for Peace said in a joint statement.

Footage from the anti-Israel encampment at Northwestern showed a masked pro-Palestinian demonstrator assaulting a student reporter who was filming protesters setting up tents.

Friday deadline

Columbia officials have given protesters until 4 a.m. on Friday to reach an agreement with the university on dismantling dozens of tents set up on the New York City campus in a protest that started a week ago.

An initial deadline of midnight Tuesday came and went without an agreement, but administrators extended it for 48 hours, citing progress in the talks.

The university already tried to shut the protest down by force. On April 18, Columbia President Nemat Shafik took the unusual move of inviting New York City police to enter the campus, drawing the ire of many students and faculty.

More than 100 people were arrested and the tents were removed from the main lawn. But within a few days, the encampment was back in place, and the university’s options appeared to narrow.

Anti-Israel students and activists gather at a protest encampment on the campus of Columbia University in New York City on April 25, 2024. (Leonardo Munoz / AFP)

On a visit to Columbia on Wednesday, US House Speaker Mike Johnson, a Republican, called on Shafik to resign “if she cannot bring order to this chaos.”

“If this is not contained quickly and if these threats and intimidation are not stopped, there is an appropriate time for the National Guard,” he said.

After meeting with Jewish students, Johnson spoke at a press conference on the campus, during which he was interrupted by demonstrators, including with shouts of “Mike, you suck.”

On Wednesday evening, a Columbia spokesperson said rumors that the university had threatened to bring in the National Guard were unfounded. “Our focus is to restore order, and if we can get there through dialogue, we will,” said Ben Chang, Columbia’s vice president for communications.

The protesters have vowed to keep the protest going until the university agrees to disclose and divest any financial holdings that might support the war in Gaza, and grant amnesty to students suspended from school during the demonstrations.

Students protesting the Israel-Hamas war are demanding schools cut financial ties to Israel and divest from companies enabling its months-long conflict. Some Jewish students say the protests have veered into antisemitism and made them afraid to set foot on campus, partly prompting a heavier hand from universities.

A person is detained by police as pro-Palestinian, anti-Israel students protest on the campus of the University of Texas in Austin, Texas, on April 24, 2024. (Suzanne CORDEIRO / AFP)

On Sunday, US President Joe Biden denounced “blatant antisemitism” that has “no place on college campuses.” But the White House has also said that the president supports freedom of expression at US universities.

In Austin, authorities showed no hesitation in shutting down a protest on the main campus of the University of Texas on Wednesday.

State highway patrol troopers in riot gear and police on horseback broke up a protest at the school’s flagship campus in Austin. The Texas Department of Public Safety posted on X that 34 people had been arrested.

At New York University earlier this week, police said 133 protesters were taken into custody, while over 40 protesters were arrested Monday at an encampment at Yale University.

iiiC USA COVID //VACCINE ISSUES

END

FREIGHT ISSUES/USA

END

VICTOR DAVIS HANSON

END

SWAMP STORIES

President With Crackhead Son Frees 5 Crack Dealers, Ditches Promise To Release All Pot Criminals

Meanwhile, the Biden administration has made zero progress on a campaign promise to release “everyone” in prison for marijuana offenses, the NY Post reports.

“America is a Nation founded on the promise of second chances. During Second Chance Month, we reaffirm our commitment to rehabilitation and reentry for people returning to their communities post incarceration,” whoever writes Biden’s statements said on Wednesday.

“We also recommit to building a criminal justice system that lives up to those ideals and ensures that everyone receives equal justice under law. That is why today I am announcing steps I am taking to make this promise a reality.”

Biden, who wrote or cosponsored some of the nation’s harshest federal drug laws in the 1980s and ’90s, said that he chose to issue commutations to the five crack offenders because they would have been given more lenient sentences today — continuing a long-running effort dating to the Obama administration to identify and retroactively reduce such sentences.

It’s unclear why Biden chose to free none of the estimated 2,700 federal marijuana-dealing inmates, as he promised to do at a Democratic primary debate in 2019. -NY Post

Biden has defended his broken promise to free all marijuana offenses, citing his 2022 mass pardon for people convicted of simple marijuana possession (none of whom were actually in prison), counts. Cannabis advocates call bullshit, however, saying that they understood “everyone” to mean incarcerated dealers as well.

Biden also pardoned 11 people who have already completed their prison sentences, allowing them to vote and own guns again.

“I am using my clemency power to pardon 11 individuals and commute the sentences of 5 individuals who were convicted of non-violent drug offenses,” said Biden’s writer. “Many of these individuals received disproportionately longer sentences than they would have under current law, policy, and practice. The pardon recipients have demonstrated their commitment to improving their lives and positively transforming their communities. The commutation recipients have shown that they are deserving of forgiveness and the chance at building a brighter future for themselves beyond prison walls.”

THURSDAY, APR 25, 2024 – 09:25 PM

President Biden has granted clemency to five crack dealers, ordering their early release for dealing the drug in recognition of Second Chance Month.

END

Get Ready To Be Hammered By Property Taxes

THURSDAY, APR 25, 2024 – 05:45 PM

It’s not just record capital gains taxes that Americans have to look forward to if they choose “4 more years, pause” of the senile occupant in the White House: As Epoch Times’ Jeffrey Tucker reports, property taxes are also about to soar.

Below we excerpt from his latest report on where the Biden tax tsunami sill strike next:

Former TurboTax Chief’s Tax Advice as Deadline Looms

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Get Ready to Be Hammered by Property Taxes

There have been very few points of financial solace in the past few years apart from rising financial markets. Part of that has been an incredible increase in home valuations. This comes from inflation, yes, but also from shifts in supply and demand for home purchases. Demand is as it always was but realizing it is another matter.

The problem is on the supply side. In most places around the country, homes are not going on the market at the same and predictable pace they once were. This is for reasons of soaring costs of new mortgages. Many homeowners purchased back when interest rates were absurdly low and negative in real terms, perhaps 2 or 3 percent.

Selling now means paying huge capital gains taxes and then applying for a new mortgage at 7.5 percent. The implications of that seemingly small change are actually gigantic, and making it work without paying drastically more in monthly bills means moving to a cheaper area of the country or downsizing the quality and size of the home.

Rather than make that choice, many homeowners are stuck living right where they are even if they would prefer some other job or home elsewhere. They are frozen in place but, hey, at least these people have homes that they own, right?

Not only that but the valuation that you see on Zillow is going up and up. Yay!

Not so fast. In the United States, you pay property taxes on your home. This reality gives rise to the perennial question: do you really own your home if maintaining that title requires paying huge property taxes on the place annually? If you don’t pay, the house is taken over by the state, period. It feels a bit like renting doesn’t it? Indeed, the difference between renting and owning can get a bit blurry.

Property taxes are the way schools are funded in the United States generally speaking and with some exceptions. Taxes are organized according to school districts, the lines of which are extremely strict. The identical home one street from the next can have a big difference in price based entirely on market perceptions of quality of the schools in the relevant district.

This is a major reason why “school choice,” whereby anyone from any district can attend any other, has never made much progress politically in the United States. It means a tremendous scrambling of ownership valuations. No one wants that.

You pay these taxes whether you use the schools or not and whether or not you even have children at all. That’s what makes them public schools. The public shares in the expense but the reality is that it is not the public but just property owners from one district to another, with subsidies added by state governments and the federal government, plus “booster” organizations formed by parents.

If you are living in a district and stuck in a home because you cannot move due to expense, you are still stuck paying taxes regardless. These are assessed annually based not on the price at which you purchased the home but on the value of the home at present market value. That doesn’t seem fair either. Why should you continue to have to pay more and more in taxes based on valuation that you are not actually seeing in any kind of profit?

You are a sitting duck, forced to cough up whatever the assessors and tax collectors decide you have to pay.

This year alone, we are seeing huge increases in market valuations that are reflected in taxes you have to pay whether you use public schools or not. The taxes on many mid-sized homes in Texas, for example, are going up thousands of dollars right now. The fear in Georgia is so large that some activists have put on the ballot an initiative to cap property taxes to insulate them from market pressures.

Adding to the frustration here is the terrible reality of school closures from 2020–2022. Even if you wanted to use the schools, you could not because the authorities said that there were viruses in the schools that the children would spread and bring home. There was never any evidence at all that schools were uniquely guilty of viral spread but the perception was used as the excuse to force everyone into Zoom school, which taught the kids nothing.

We are now faced with years of learning loss that keeps getting worse, not to mention soaring absenteeism. The routines of an entire generation were disrupted and not returned to normal.

Continue reading at Epoch Times

KING REPORT

The King Report April 26, 2024 Issue 7230

Independent View of the News

Holy Stagflation, Batman!

US Economy Slows and Inflation Jumps, Dampening Soft-Landing Hopes – BBG 9:35 ETGDP advances an annualized 1.6%, slower than all projections (2.5% exp., 3.4% prior)First-quarter core inflation accelerates to 3.7% rate (3.4% y/y exp., 2% prior)Personal Consumption 2.5%, 3% exp., 3.3% priorGDP Price Index 3.1%, 3% expected, 1.6% prior
Stocks Hit as GDP Brings ‘Worst of Both Worlds’ – BBG 9:55 ET

US Yields Soar as Traders See Fed Delaying First Rate Cut to December – BBG 9:06 ET

BOJ to Consider Measures to Shrink JGB Purchases – Jiji Press
The Bank of Japan is set to consider measures to reduce its government bond purchases on Friday, when the central bank’s two-day policy meeting ends, Jiji news agency reported on Thursday without citing sources. Such a move, if carried out, would likely push down the amount of the central bank’s Japanese government bond (JGB) holdings, ushering in a phase of quantitative tightening, Jiji said.
https://www.marketscreener.com/quote/currency/EURO-JAPANESE-YEN-EUR-JPY-4592/news/BOJ-to-consider-ways-to-cut-its-JGB-purchases-on-Friday-Jiji-46532806/

Initial & Continuing Jobless Claims Continue to Ignore Reality
The number of Americans filing for jobless benefits for the first-time last week dropped to just 207k (SA), below the 215k expectation, and back near YTD lows… Continuing Claims also improved (though still a little elevated) falling back below 1.8mm (1.781mm to be exact) – near the lowest of the year…
    But here’s the thing… WARNs are soaring… and Challenger-Grey just announced that March saw the most job cuts (90,309) since January 2023…but government-supplied data on initial jobless claims continues to smoothly tick along near record lows…
    If Trump wins in November, will all this data suddenly be ‘allowed’ to reflect reality?
https://www.zerohedge.com/markets/initial-continuing-jobless-claims-continue-ignore-reality

Israel intensifies strikes on Rafah ahead of threatened invasion
https://www.reuters.com/world/middle-east/israel-intensifies-strikes-gazas-rafah-ahead-threatened-invasion-2024-04-25/

ESMs traded sharply lower (on Meta) but sideways from the Nikkei opening until they collapsed after the US GDP data. ESMs eventually hit a low of 5022.25 at 10:02 ET. Aggressive buying appeared, with the probable intent of lifting the S&P 500 Index, which had fallen to 4990.58, back above 5000.

By 12:10 ET, the S&P 500 Index had 33 handles. A big chuck of the buying was the usual suspects getting long for expected great results by Microsoft and Google after the close. ESMs soared higher, eventually hitting a daily high of 5086.50 at 13:53 ET, +64.25 from the low.

It didn’t matter to pattern and conditioned traders that the US has stagflation, the Fed cannot cut rates, interest rates are rising, Fang results so far have been disappointing, or Israel is about to move into Rafah. All that mattered was getting long for expected great results from MSFT and GOOGL. After a drop to 5064.50 at 14:55 ET, the last-hour rally commenced. ESMs went vertical, hitting 5082.75 in 9 minutes.

ESMs then rested until they spiked higher at 15:14 ET. ESMs hit a new high of 5090.75 at 15:21 ET. After ESMs sank to 5074.50 at 15:42 ET. The late manipulation pushed ESMs to 5096.50 at 16:00 ET.

Fed’s Goolsbee Says Central Bank Needs to ‘Recalibrate’ Policy – BBG 14:01 ET
“So far in 2024, the progress on inflation has stalled… after three months of this, it can’t be dismissed.”

USMs tumbled to 112 27/32 after the US GDP data appeared. But once again, someone manipulated USMs higher ahead of the US Auction of 7-year notes. USMs hit 113 12/32 at 11:13 ET.

7-year Auction results: 4.716% vs. WI 4.716% USMs did NOT rally after the 7-year auction results because although the rate was the same as the WI, the bid-to-cover fell to 2.481 from 2.614. This is the lowest reading since November.

@jaykaeppel: T-bond futures traders are about as bullish as they can be (“But…bonds HAVE TO bounce at some point!”). Historically speaking, that has not been a favorable sign.  https://twitter.com/jaykaeppel/status/1783123467090452902

Positive aspects of previous session
The DJTA rallied sharply because Kirby (+13.3% at peak) and UNP (+5% at peak) had good results
Stocks rallied sharply in the afternoon on buying ahead of MSFT and GOOGL’s results

Negative aspects of previous session
Stocks got hammered in the morning; bonds declined sharply
Gold declined sharply after the GDP data but rallied to post a $5.00 gain by early afternoon

Ambiguous aspects of previous session
Who keeps manipulating USMs higher into US Treasury Auctions? Qui bono?

First Hour/Last Hour Action [S&P 500 Index]: 1st Hour from NYSE Open: Down; Last Hour: Up

Pivot Point for S&P 500 Index [above/below indicates daily trend to traders]: 5032.25
Previous session S&P 500 Index High/Low: 5057.75; 4990.58

US Births Alarmingly Slide to Lowest Level Since 1979, Failing to Exceed Replacement Rate
“Any nation with a birth rate below replacement will eventually cease to exist.”
https://vigilantnews.com/post/us-births-alarmingly-slide-to-lowest-level-since-1979-failing-to-exceed-replacement-rate/

Fed Balance Sheet: -$3.072B, MBS -$3.521B; Reserves at Fed: -$198.354B (Tax disbursement)
https://www.federalreserve.gov/releases/h41/20240425/

After the close Microsoft, reported Q3 EPS of 2.94, 2.83 exp., and revenue of $61.9, $60.87 exp; and cloud revenue of $35.1B, $33.93B consensus. MSFT soared to 424.00 at 16:07 ET (399.04 close, 388.03 low) on the jump in cloud revenue. ESMs soared to 5131.75 at 15:05 ET.

After the close, Alphabet reported EPS of 1.89, 1.53 exp., revenue of $80.54, $78.57 exp.; and Rev ex-Tac of $67.59B, $66.07B exp. Google boosted its share buyback by $70.0B. GOOGL soared 17.3%.

Today – Barring negative news, US stocks will start higher on Microsoft and Google’s results. Plus, traders want to play for the Friday rally and the continued upward bias of Fang reporting season. A key for today will be Microsoft and Google ability to hold their morning NYSE lows. Traders are beaucoup long and will look unload for the weekend. If there are not enough patsy buyers in the afternoon…

ESMs are +40.50; NQMs (Naz 100) are +207.00; USMs are +1/32; and Gold is +2.10 at 19:05 ET.

Expected earnings: AON 5.89, HCA 5.08, PSX 2.17, CL .82, XOM 2.19, CVX 2.90

Expected economic data: Mar Personal Income 0.5% m/m, Spending 0.6%, PCE Deflator 0.3% m/m & 2.6% y/y, PCE Core Deflator 0.3% m/m & 2.7% y/y; April UM Sentiment 77.9

S&P Index 50-day MA: 5122; 100-day MA: 4955; 150-day MA: 4755; 200-day MA: 4687
DJIA 50-day MA: 38,794; 100-day MA: 38,189; 150-day MA: 36,781, 200-day MA: 36,302
(Green is positive slope; Red is negative slope)

S&P 500 Index (5048.42 close) – BBG trading model Trender and MACD for key time frames
Monthly: Trender and MACD are positive – a close below 4638.30 triggers a sell signal
Weekly: Trender and MACD are negative – a close above 5304.99 triggers a sell signal
Daily: Trender and MACD are negative – a close above 5126.43 triggers a buy signal
Hourly: Trender and MACD are negative – a close above 5088.50 triggers a buy signal

@Breaking911: BIDEN: “Every time a police officer puts on that shield every morning, their husband or wife…worries about will they get that phone call. I got one of those phone calls under a different circumstance.” (Joe always makes it about him!) https://twitter.com/Breaking911/status/1783574894678065381

@RNCResearch: Why didn’t you guys include Biden saying he almost walked on to the NFL because he thought he “could make it in the pros,” despite quitting freshman football after his first semester?  https://twitter.com/RNCResearch/status/1783620736566820950
    Or bizarrely claiming he was the “runner-up in state championship football scoring”?
https://twitter.com/RNCResearch/status/1783620739804835967
(How can this abject liar and addled dolt be POTUS?)

Babylon Bee: Biden: ‘I Apologize for My Latest Teleprompter Gaffe, End Apology’
https://babylonbee.com/news/biden-i-apologize-for-my-latest-teleprompter-gaffe-end-apology

House Democrats call on Biden to reinstate Title 42 and ‘Remain in Mexico’ immigration policies  https://nypost.com/2024/04/24/us-news/house-democrats-call-on-biden-to-reinstate-title-42-and-remain-in-mexico/

Secret Service Scuffle Prompts DEI, Vetting Scrutiny
An incident involving a physical attack by a female Secret Service agent tasked with protecting Vice President Kamala Harris is raising questions about whether the agency had thoroughly vetted her during her hiring and whether an ongoing push to increase the numbers of women in the service and boost overall workforce staff played a role in her selection…
     Herczeg showed up at the terminal and began acting erratically, grabbing another senior agent’s personal phone and deleting applications on it, according to two sources familiar with the matter. The other agent, a shift leader, was able to recover his phone and then acted as if nothing had happened.
     But Herczeg’s bizarre behavior didn’t stop. She then began mumbling to herself, hid behind curtains, and started throwing items, including menstrual pads, at an agent, telling him that he would need them later to save another agent and telling her peers that they were “going to burn in hell and needed to listen to God,” a source told RealClearPolitics… the superior officer, SAIC, approached her to tell her she was relieved from the assignment.
     “That’s when she snapped entirely,” one source recounted. Herczeg then chest-bumped and shoved her superior, then tackled him and punched him… https://www.realclearpolitics.com/articles/2024/04/25/secret_service_scuffle_prompts_dei_vetting_scrutiny__150846.html

DC mayor refuses to meet with father who lost three sons to city’s violent crime
https://www.foxnews.com/politics/dc-mayor-refuses-to-meet-father-lost-three-sons-city-violent-crime

Possible UFO reported over LaGuardia Airport https://t.co/n8pOikbE9g

GREG HUNTER

SEE YOU ON MONDAY

Gold	Ounces
Withdrawals from Dealers* Inventory in oz*	nil
Withdrawals from Customer* Inventory in oz*	96,453oz Brinks 3 kilobars .
Deposit to the Dealer* Inventory in oz*	nil oz
Deposits to the Customer* Inventory, in oz*	NIL
No of oz served (contracts) today	982notice(s) 98,200OZ 3.0544TONNES
No of oz to be served (notices)	2 contracts 200 OZ 0.00622 ONNES
Total monthly oz gold served (contracts) so far this month	17,254notices 1,725,400oz 53.7604 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

Silver	Ounces
Withdrawals from Dealers* Inventory*	NIL oz
Withdrawals from Customer Inventory	1090,885.745 oz Delaware Loomis .
Deposits to the Dealer* Inventory*	nil OZ
Deposits to the Customer Inventory
No of oz served today (contracts)	13 CONTRACT(S) (65,000 OZ)
No of oz to be served (notices)	3 contracts (15,000 oz)
Total monthly oz silver served (contracts)	1649 Contracts (8,245,000oz)
Total accumulative withdrawal of silver from the Dealers* inventory this month*	NIL oz
Total accumulative withdrawal of silver from the Customer* inventory this month*

APRIL 26/BLOG/GOLD CLOSED UP $5.40 TO $2335.40/SILVER WAS DOWN 8 CENTS TO $28.24/PLATINUM WAS UP 0 TO $915.30 WHILE PALLADIUM WAS DOWN $24,40 TO $937.60/

SHANGHAI GOLD (USD) FUTURES – QUOTES

GOLD: NUMBER OF NOTICES FILED FOR APRIL/2024. CONTRACT: 982 NOTICES FOR 982,000 OZ or 3.0544 TONNES

total notices so far: 17254 contracts for 1,725,400 Oz (53.7604 tonnes)

FOR APRIL:

SILVER NOTICES: 13NOTICE(S) FILED FOR 65,000 OZ/

total number of notices filed so far this month : 1649 for 8,245,000 oz

Futures Jump As Tech Giants Soar, Yen Plummets After BOJ Refuses To Prop Up Crashing Currency

Strong Big Tech earnings prop up equities, JPY lower post-BoJ & Dollar flat ahead of US PCE – Newsquawk US Market Open

EUROPEAN TRADE

EQUITIES

FX

FIXED INCOME

COMMODITIES

GEOPOLITICS

CRYPTO

APAC TRADE

Excess Deaths In Japan Hit 115,000 Following 3rd COVID Shot; New Study Explains Why

Excess Deaths Following the Third Shot

Harm Done by the Vaccine, Not the Virus

6 Types of Cancer Had Significant Excess Deaths

Cancer After the Jab: A Scientific Explanation

Vaccination and Suppression of Cancer Immunosurveillance

Uncertain Future

Russia Will Target US Nuclear Weapons In Poland If They Appear

Houthis Launch Attack On US Cargo & Navy Ships Following Two Weeks Of Quiet

Extended cabinet approves foreign observers’ visits to Nukhba terrorists in prison

National Security Minister Itamar Ben-Gvir opposed the move and demanded that the hostages receive visits by international delegations as well.

Egypt renews push for hostage exchange as 18 nations demand deal

It’s the first time that these countries have banded together to form a united front since the hostages were seized during Hamas’s invasion of Israel on October 7.

Terrorist stabbing attack leaves 18-year-old woman in serious condition

The woman is in serious condition, as the terrorist stabbed her upper body. She is now being treated in Shamir Assaf Harofe Hospital.

Gaza Aid Flotilla With 1,000 Passengers, Tons Of Supplies Poised To Sail – As IDF Awaits

Ukrainian Drone Strikes Target Russian Oil Refineries Again Despite White House Pleas

If they tell you that there is a new pandemic with H5N1 & they will use the PCR ‘process’ to diagnose, STOP right there, turn it all off, spit on whomever especially if its your doctor; its the same

OPERATION…they coming at you sideways now, they think they can lock you down again & scare you to wear masks & take more Malone Bourla mRNA technology killer shots; tell them I said FUCK off!

Crossfire Hurricane: Mike Davis/Julie Kelly punishingly reveals the reason Biden (illegally) raided Trump’s Mar-a-Lago is because Trump declassified (via memo on 1/19/2021) and kept his personal

copy of his Crossfire Hurricane presidential records. These Crossfire Hurricane records are devastating to Obama, Biden, Hillary, Clapper, Comey, etc. Biden reacted by waiving Trump’s executive

EU Prepares To Tighten Screws On Russian LNG Imports

Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth

Fed’s Favorite Inflation Indicator Prints Hotter-Than-Expected As Savings Rate Plunges

UMich Inflation Expectations Accelerated In April To 2024 Highs

Hertz Increases The Number Of Electric Cars It Wants To Get Rid Off To 30,000 From 20,000

Hundreds arrested across US campuses as police clamp down on anti-Israel protests

Authorities increasingly using a heavy hand with encampments popping up at colleges throughout the country; 108 arrested at Boston protest, 93 at University of Southern California

Friday deadline

President With Crackhead Son Frees 5 Crack Dealers, Ditches Promise To Release All Pot Criminals

Get Ready To Be Hammered By Property Taxes

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