GOLD PRICE CLOSED UP $44.20 TO $2566.00
SILVER PRICE UP $0.68 TO $31.06
Gold ACCESS CLOSED $2610.15
Silver ACCESS CLOSED: $31.13
Bitcoin morning price:$90,566 DOWN 507 DOLLARS.
Bitcoin: afternoon price: $91,673 DOWN 605 DOLLARS
Platinum price closing UP $26.85 TO $969.60
Palladium price; UP $52.50 TO $1009.40
END
*CANADIAN GOLD: $3657.22 UP 49,37 CDN dollars per oz( * NEW ALL TIME HIGH 3,872.51 CDN DOLLARS PER OZ//OCT 30 2024)
*BRITISH GOLD: 2058.89 UP 28.41 Pounds per oz// *(NEW ALL TIME HIGH//CLOSING///2148.36 BRITISH POUNDS/OZ) OCT 30/2024
*EURO GOLD: 2,443,45 UP 31.92 Euros per oz //* (ALL TIME CLOSING HIGH: 2565.55 EUROS PER OZ//OCT 30 //.2024)
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EXCHANGE;
EXCHANGE: COMEX
CONTRACT: NOVEMBER 2024 COMEX 100 GOLD FUTURES
SETTLEMENT: 2,565.700000000 USD
INTENT DATE: 11/15/2024 DELIVERY DATE: 11/19/2024
FIRM ORG FIRM NAME ISSUED STOPPED
190 H BMO CAPITAL 9
363 H WELLS FARGO SEC 5
661 C JP MORGAN 16 2
TOTAL: 16 16
MONTH TO DATE: 2,570
JPMorgan stopped 0/16
GOLD: NUMBER OF NOTICES FILED FOR NOV/2024. CONTRACT: 16 NOTICES FOR 1600 OZ 0.0497 TONNES
total notices so far: 2570 contracts for 257000 Oz (7.993 tonnes)
FOR NOV
SILVER NOTICES: 1 NOTICE(S) FILED FOR 5,000 OZ/
total number of notices filed so far this month : 882 for 4.410 million oz
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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 $44.20 INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD:
HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 2.56 TONNES OF GOLD INTO THE GLD./
/ /INVENTORY RESTS AT 869.93 TONNES
INVENTORY RESTS AT 869.,83 TONNES
SLV/
WITH NO SILVER AROUND AND SILVER UP 68 CENTS AT THE SLV
HUGE CHANGES IN SILVER INVENTORY OUT OF THE SLV: A DEPOSIT OF 1.277 MILLION OZ INTO THE SLV//
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.
CLOSING INVENTORY: 471.830 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI SURPRISINGLY FELL BY A HUGE SIZED 741 CONTRACTS TO 144,158 AND STALLING ON ITS MARCH TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020, AND THIS HUGE SIZED LOSS IN COMEX OI WAS ACCOMPLISHED DESPITE OUR TINY LOSS OF $0.09 IN SILVER PRICING AT THE COMEX WITH RESPECT TO FRIDAY’S TRADING. WE HAD A FAIR LOSS OF 287 TOTAL CONTRACTS ON OUR TWO EXCHANGES DESPITE OUR TINY LOSS OF $0.09 IN PRICE. WE HAD HUGE LIQUIDATION OF T.A.S. CONTRACTS ON FRIDAY COMEX TRADING AS THEY DESPERATELY TRIED TO CONTAIN SILVER’S CONTINUAL PRICE RISE FOR THE PAST 2 WEEKS AND FINALLY SUCCEEDED SOMEWHAT WITH THEIR CONTINUAL RAIDS..
WE HAD A FAIR 454 CONTRACT EXCHANGE FOR PHYSICAL ISSUANCE ACCOMPANIED BY A MUCH SMALLER 603 CONTRACT T.A.S ISSUANCE WHICH WILL BEING USED IN FUTURE TRADING AS THEY PLAY AN INTEGRAL PART DURING RAIDS TRYING TO CONTAIN ANY SILVER PRICE RISE. IN ESSENCE WE LOST A FAIR SIZED 287 CONTRACTS ON OUR TWO EXCHANGES WITH OUR LOSS IN PRICE. WE HAD MAJOR TAS LIQUIDATION THROUGHOUT MONDAY THROUGH FRIDAY’S COMEX SESSIONS. THURSDAY ENDED AT 5 THE MEGA HUMONGOUS ISSUANCE OF T.A.S.
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. THE HIGHER ISSUANCE OF T.A.S. IS NOW USED TO TEMPER OUR SILVER/GOLD PRICE RISE OR RAID AS WHAT HAPPENED SEVERAL TIMES LAST MONTH AND AGAIN ON LAST FRIDAY AND THROUGHOUT THIS WEEK. THE ACCUMULATED T.A.S. WAS BEING USED TO MANIPULATE PRICES AT THE COMEX BUT THAT ENDS TODAY..
CRAIG HEMKE HAS POINTED OUT THAT THE CROOKS USE THE MID MONTH FOR MANIPULATION AS THEY SELL THEIR BUY SIDE OF THE CALENDAR SPREAD FIRST AND THEN KEEP THE SELL SIDE TO LIQUIDATE AT A LATER DATE. THUS WE HAVE TWO VEHICLES THE CROOKS USE FOR MANIPULATION AND BOTH ARE SPREADERS: 1) AT MONTH’S END/SPREADERS COMEX AND 2/ TAS SPREADERS, MID MONTH. TOTAL TAS ISSUED ON FRIDAY NIGHT: A LARGE 603 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 NOW SEEMS THAT THE OCC HAS ORDERED THE BANKS TO REDUCE ITS NEW LEVEL OF 1 TRILLION DOLLARS IN GOLD/SILVER DERIVATIVES AND THUS THE REASON FOR CONSTANT RAIDS BUT TO NO AVAIL TODAY. IT ALSO LOOKS LIKE THE FED (GOV’T) IS BEHIND EVERY DAY TRADING.
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 SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.09) BUT WERE UNSUCCESSFUL IN KNOCKING OFF ANY APPRECIABLE NET SILVER LONGS FROM THEIR PERCH AS WE HAD A FAIR NET LOSS OF 287 CONTRACTS ON OUR TWO EXCHANGES. THE NET LOSS IS DEFINITELY ATTRIBUTED TO THE T.A.S. ISSUANCE/LIQUIDATION.
WE HAD A GOOD 454 CONTRACT ISSUANCE OF EXCHANGE FOR PHYSICALS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 2.810 MILLION OZ (FIRST DAY NOTICE) FOLLOWED BY TODAY’S 10,000 OZ E.F.P JTRANSFER TO LONDON//NEW STANDING REDUCES TO 4.530 MILLION OZ
// STANDING FOR SILVER//NOV AT 4.530 MILLION OZ
WE HAD:
/ HUGE SIZED COMEX OI LOSS (ALL DUE TO T.A.S. ISSUANCE)//GOOD SIZED EFP ISSUANCE/ VI) LARGE SIZED NUMBER OF T.A.S. CONTRACT ISSUANCE 603 CONTRACTS)/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: ADDED A SMALL 40 CONTRACTS.
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS NOV. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF NOV
TOTAL CONTRACTS for 12 DAYS, total 16,474 contracts: OR 82.370 MILLION OZ (1373 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 70.35 MILLION OZ
LAST 24 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 111.035 MILLION OZ(SLIGHTLY GREATER THAN THAN LAST MONTH)
MAY 66.120 MILLION OZ/INITIAL (MUCH SMALLER THIS MONTH)
JUNE: 110.395 MILLION OZ//MUCH LARGER THAN LAST MONTH
JULY 85.745 MILLION OZ (SMALLER THAN LAST MONTH)
AUGUST: 171.43 MILLION OZ (THIS MONTH IS GOING TO BE HUGE //2ND HIGHEST ON RECORD
SEPT: 72.705 MILLION OZ (SMALLER THIS MONTH)
OCT: 97.455 MILLION OZ
NOV. 50.050 MILLION OZ
DEC. 66.140 MILLION OZ//
TOTAL 2023: 1,104.10 MILLION OZ/
JAN ’24 : 78.655 MILLION OZ//
FEB /2024 : 66.135 MILLION OZ./FINAL
MARCH: 143.750 MILLION OZ// 4TH HIGHEST ON RECORD.
APRIL: 161.770 MILLION OZ (THIS MONTH WILL BE A WHOPPER OF ISSUANCE OF EFPS//3RD HIGHEST EVER RECORDED FOR A MONTH)
MAY: 135.995 MILLION OZ //WILL BE A STRONG MONTH FOR EXCHANGE FOR PHYSICAL ISSUANCE
JUNE 110.575 MILLION OZ ( WILL BE ANOTHER STRONG MONTH ISSUANCE)
JULY: 108.870 MILLION OZ (WILL BE A STRONG ISSUANCE MONTH/ A TOUCH OVER 100 MILLION OZ/)
AUGUST; 99.740 MILLION OZ//THIS MONTH WILL BE STRONG FOR ISSUANCE BUT LESS THAN JULY.
SEPT: 112.415 MILLION OZ//WILL BE A HUGE MONTH FOR EXCHANGE FOR PHYSICAL ISSUANCE
OCT; 97.485 MILLION OZ (WILL BE SMALLER ISSUANCE THIS MONTH )
NOV. 80.37 MILLION OZ (WILL BE HUGE THIS MONTH)
RESULT: WE HAD A HUGE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 789 CONTRACTS DESPITE OUR TINY LOSS OF $0.09 IN PRICE OF SILVER PRICING AT THE COMEX//FRIDAY.,. THE CME NOTIFIED US THAT WE HAD A GOOD EFP ISSUANCE CONTRACTS: 454 ISSUED FOR DEC 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 NOV OF 2.810 MILLION OZ ON FIRST DAY NOTICE FOLLOWED BY TODAY’S 10,000 OZ EX. FOR PHYSICAL TRANSFER TO LONDON TAKE DELIVERY OVER ON THEIR SIDE OF THE POND..
//NEW TOTAL STANDING FOR NOV AT 4.530 MILLION OZ
WE HAVE A FAIR SIZED LOSS OF 287 OI CONTRACTS ON THE TWO EXCHANGES DESPITE OUR TINY LOSS IN PRICE…..THE TOTAL OF TAS INITIATED CONTRACTS TODAY: A LARGE 603 CONTRACTS TRYING DESPERATE TO CONTAIN SILVER’S PRICE RISE,//HUGE FRONT END OF THE TAS CONTRACTS WERE LIQUIDATED DURING THE FRIDAY COMEX SESSION THUS THE NEED FOR REPLENISHMENT /THE HUGE TA.S. ISSUANCE DISTORTED THE TOTAL OI CONTRACTS AT THE COMEX. NO SPECULATORS WERE BURNED ON FRIDAY
/ LITTLE IF ANY NET SHORT COVERING FROM OUR SPEC SHORTS WITH TINY LOSS IN PRICE FRIDAY/ . ALSO SOME OF OUR LONGS EXERCISED THEIR RIGHT AND TENDERED FOR PHYSICAL SILVER MUCH TO THE ANGER OF OUR BANKERS. SILVER IS NOT BASEL III COMPLIANT SO THE BANKERS CAN TAKE THEIR TIME WITH THE DELIVERY OF SILVER.
THE NEW TAS ISSUANCE FRIDAY NIGHT (603) WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED AT A LATER DATE AND LATELY ON A DAILY BASIS INCLUDING YESTERDAY AND TODAY.
WE HAD 1 NOTICE(S) FILED TODAY FOR 0.005 MILLION OZ
THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.
GOLD//OUTLINE
IN GOLD, THE COMEX OPEN INTEREST FELL BY A HUGE SIZED 17,709 OI CONTRACTS TO 518,182 AND FURTHER FROM 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 A HUGE 1075 CONTRACTS//
WE HAD A HUGE SIZED DECREASE IN COMEX OI (17,709 CONTRACTS) OCCURRED DESPITE OUR SMALL LOSS OF $1.90 IN PRICE FRIDAY. THE FRBNY SUPPLIED THE NECESSARY SHORT PAPER.. WE ALSO HAD A GOOD INITIAL STANDING IN GOLD TONNAGE FOR NOV AT 2.488 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S 1600 OZ QUEUE JUMP. BUT WE HAD ANOTHER OF THAT CRAZY ISSUANCE OF 1000 CONTRACTS FOR DELIVERY OF EXCHANGE FOR RISK OR 3.11 TONNES OF GOLD//NEW STANDING ADVANCES TO 10.544 TONNES + 3.11 TONNES OF EX. FOR RISK = 13.654 TONNES
NEW STANDING FOR NOVEMBER: 13.654 TONNES
/ ALL OF THIS HAPPENED WITH OUR SMALL $1.90 LOSS IN PRICE WITH RESPECT TO FRIDAY’S COMEX ///. WE HAD A STRONG LOSS OF 12,906 OI CONTRACTS (40.143 PAPER TONNES) ON OUR TWO EXCHANGES, WITH MANY LONGS, REMAINING AT THE END OF THE DAY, TENDERING FOR PHYSICAL GOLD VIA THE EXCHANGE FOR PHYSICAL ROUTE, MUCH TO THE ANGER AND HORROR EXHIBITED BY OUR MAJOR BANKER, THE FEDERAL RESERVE BANK OF NEW YORK. THE HORROR INTENSIFIED ONCE LONDON STARTED TO TRADE LAST WEEK, AND THROUGHOUT THIS WEEK WITH MAJOR TENDERING FOR PHYSICAL VIA THE EXCHANGE FOR PHYSICAL ROUTE! YOU CAN VISUALIZE THIS WITH THE DAILY QUEUE JUMPING WE ARE WITNESSING (AND TODAY’S QUEUE JUMP OF 1600 OZ)
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A STRONG SIZED 4803 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 519,257
IN ESSENCE WE HAVE A HUGE SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 12,906 CONTRACTS WITH 17,709 CONTRACTS DECREASED AT THE COMEX// AND A STRONG SIZED 4803 EFP OI CONTRACT ISSUANCE WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS ON THE TWO EXCHANGES OF 12,906 CONTRACTS.. WE HAD THE FOLLOWING TAS CONTRACTS INITIATED (ISSUED): A LARGE SIZED AND CRIMINAL 7783 CONTRACTS ISSUED AND THURSDAY ENDED THE FIFTH DAY IN A ROW FOR A MEGA ISSUANCE OF GREATER THAN 30,000 T.A.S. CONTRACTS. WE HAD HUGE LIQUIDATION OF T.A.S CONTRACTS WITH OUR LOSS IN PRICE MONDAY THROUGH FRIDAY AS THE NEED FOR REPLENISHMENT WAS GREAT IN ORDER TO CARRY OUT ITS RAID OPERATIONS AND IT ENDED FRIDAY WITH GOLD’S SMALL DROP IN PRICE.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (4803 CONTRACTS) ACCOMPANYING THE HUGE SIZED DECREASE IN COMEX OI OF 17,709 CONTRACTS/TOTAL LOSS FOR OUR THE TWO EXCHANGES: 11,831 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 NOV 2.488 TONNES FOLLOWED BY TODAY’S 1600 OZ QUEUE JUMP BUT WE MUST ADD THE NEW AND CRIMINAL ISSUANCE OF 1000 CONTRACTS OF EX. FOR RISK WHEREBY THE BUYER ASSUMES RISK FROM THE SELLER THAT THAT CONTRACT WOULD BE DELIVERED TO HIM. WHAT A JOKE!
//NEW STANDING NOVEMBER: 10.544 TONNES + 3.11 TONES EX FOR RISK = 13.654 TONNES.
/ 3) HUGE T.A.S. LIQUIDATION (TRYING TO LOWER GOLD’S PRICE WITH MUCH SUCCESS MONDAY THROUGH THURSDAY WITH A SMALL DROP FRIDAY.. THE T.A.S. ISSUED IS USED TO CONTAIN GOLD’S RISE. WE HAD ZERO NET LONG SPECS BEING CLIPPED. STICKY GOLD’S LONGS HOWEVER ARE NOT FOOLED BY THE RAID AS THEY WERE REWARDED MONDAY EVENING AS THEY EXERCISED EFP’S FROM LONDON TO TAKE DELIVERY OF BADLY NEEDED PHYSICAL.
4) HUGE SIZED COMEX OPEN INTEREST DECREASE 5) STRONG ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER///LARGE T.A.S. ISSUANCE: 7783 T.A.S.CONTRACTS
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2023-2024 INCLUDING TODAY
NOV
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF NOV :
TOTAL EFP CONTRACTS ISSUED: 79,923 CONTRACTS OF 7,992,300 OZ OR 248.59 TONNES IN 12 TRADING DAY(S) AND THUS AVERAGING: 6660 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 12 TRADING DAY(S) IN TONNES 248.59 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2023, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 248.59 DIVIDED BY 3550 x 100% TONNES = 7.00% 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/SECOND HIGHEST ON RECORD
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: 267.05TONNES (WILL BE AN EXTREMELY STRONG MONTH BUT LESS THAN MARCH 2024)
MAY; 316.606 TONNES (WILL BE ANOTHER STRONG MONTH// 3RD HIGHEST RECORDED EFP ISSUANCE )// NOTICE THE HUGE INCREASES IN EX FOR PHYSICAL THESE PAST FEW MONTHS. THESE CONTRACTS ARE CIRCLED BACK FROM LONDON WHEREBY METAL IS REMOVED FROM THE COMEX.
JUNE 175.11 tonnes HEADING FOR A WEAKER MONTH AND MUCH LESS THAN THE THREE PREVIOUS MONTHS
JULY: 351. 65 TONNES (3RD HIGHEST EVER RECORDED EXCHANGE FOR PHYSICAL AND THE HIGHEST EVER RECORDED POST BASEL III)
AUGUST: 274.79 TONNES//THIS MONTH WILL NO DOUBT BE A STRONG ISSUANCE OF EFP’S BUT MUCH LESS THAN LAST MONTH.
SEPT: 335 .104 TONNES//IF THIS CONTINUES WE WILL HAVE A HUMDINGER OF AN EFP ISSUANCE. WE WILL PROBABLY END UP WITH THE 3RD HIGHEST ISSUANCE EVER RECORDED.
OCT. 277.71 TONNES (THIS WILL BE A GOOD ISSUANCE THIS MONTH)
NOV: 248.59 TONNES (WILL PROBABLY BE A HUGE MONTH/MAYBE A RECORD ISSUANCE MONTH//PREVIOUS RECORD ISSUANCE MARCH 2022 OF 409 TONNES.)
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 SEPTEMBER. 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 (OCT), 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 741 CONTRACTS OI TO 144,206 AND CLOSER TO THE COMEX HIGH RECORD //244,710( SET FEB 25/2020). THE LAST RECORDS WERE SET IN AUG.2018 AT 244,196 WITH A SILVER PRICE OF $14.78/(AUGUST 22/2018)..THE PREVIOUS RECORD TO THAT WAS SET ON APRIL 9/2018 AT 243,411 OPEN INTEREST CONTRACTS WITH THE SILVER PRICE AT THAT DAY: $16.53). AND PREVIOUS TO THAT, THE RECORD WAS ESTABLISHED AT: 234,787 CONTRACTS, SET ON APRIL 21.2017 OVER 6 YEARS AGO. HOWEVER WE HAVE NOW SET A NEW RECORD LOW OF 114,102 CONTRACTS JULY 3.2023
EFP ISSUANCE 454 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
DEC 454 and ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 454 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 741 CONTRACTS AND ADD TO THE 454 E.FP. ISSUED
WE OBTAIN A FAIR SIZED LOSS OF OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES OF 287 CONTRACTS
THUS IN OUNCES, THE LOSS ON THE TWO EXCHANGES TOTALS 1.435 MILLION OZ OCCURRED WITH OUR $0.09 LOSS IN PRICE
OUTLINE FOR TODAY’S COMMENTARY
1a/COMEX GOLD AND SILVER REPORT
(report Harvey)
b, ) Gold/silver trading overnight Europe,//GOLD COMMENTARIES
(Peter Schiff)
c) Commentaries from: Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com, Pam and Russ Martens
ii a) Chris Powell of GATA provides to us very important physical commentaries
b. Other gold/silver commentaries
c. Commodity commentaries//
d)/CRYPTOCURRENCIES/BITCOIN ETC
2.ASIAN AFFAIRS//
MONDAY MORNING SUNDAY NIGHT
ASIA TRADING/MONDAY MORNING/SUNDAY NIGHT
SHANGHAI CLOSED DOWN 6.88 PTS OR 0.21%
//Hang Seng CLOSED UP 150.27 PTS OR 0.27%
// Nikkei CLOSED DOWN 422.01 OR 1.09%//Australia’s all ordinaries CLOSED UP 0.18%///Chinese yuan (ONSHORE) CLOSED DOWN TO 7.2449 CHINESE YUAN OFFSHORE CLOSED DOWN TO 7.2494// Oil DOWN TO 67.42 dollars per barrel for WTI and BRENT UP AT 71.44 Stocks in Europe OPENED ALL GREEN
ONSHORE USA/ YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST US DOLLAR/OFFSHORE YUAN WEAKER
A)NORTH KOREA/SOUTH KOREA
outline
b) REPORT ON JAPAN/
OUTLINE
3 CHINA
OUTLINE
4/EUROPEAN AFFAIRS
OUTLINE
5. RUSSIAN AND MIDDLE EASTERN AFFAIRS
OUTLINE
6.Global Issues//COVID ISSUES/VACCINE ISSUES
OUTLINE
7. OIL ISSUES
OUTLINE
8 EMERGING MARKET ISSUES
9. USA
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1. COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS
GOLD
LET US BEGIN:
THE TOTAL COMEX GOLD OPEN INTEREST FELL BY A GIGANTIC SIZED 17,709 CONTRACTS TO 518,182 DESPITE OUR SMALL LOSS IN PRICE OF $1.90 WITH RESPECT TO FRIDAY’S TRADING. , WE LOST SOME NET IN NUMBER LONGS WITH THE LOWER PRICE FOR GOLD AS YOU WILL SEE BELOW. WE HAD A STRONG NUMBER OF EXCHANGE FOR PHYSICAL ISSUED (4803).
THE LIQUIDATION OF T.A.S. CONTRACTS THROUGHOUT LAST MONTH CONTINUES TO DISTORT OPEN INTEREST NUMBERS GREATLY AND IT SURELY WAS ON DISPLAY THIS ENTIRE WEEK AND ESPECIALLY DURING YESTERDAY’S SMALL LOSS IN PRICE/
THE FED IS THE MAJOR SHORT OF AROUND 93+ TONNES OF GOLD OWING TO THE B.I.S. THE FED NEEDS TO COVER AS THEY ARE VERY WORRIED ABOUT WHAT IS GOING TO HAPPEN TO GOLD PRICES ONCE THE BRICS BEGIN THEIR INITIATIVE AND ABANDON THE US DOLLAR. THIS IS SCHEDULED TO HAPPEN LATE OCT 2024/(AS OUTLINED IN OUR GOLD PHYSICAL COMMENTARIES//VIEW ANDREW MAGUIRE LATEST LIVE FROM VAULT 197 AND 199 AS HE TACKLES THIS IMPORTANT TOPIC). THE FOUR OR FIVE BANKS ARE ALSO WORRIED ABOUT THEIR HUGE PRECIOUS METAL DERIVATIVE EXPOSURE (NORTH OF ONE TRILLION DOLLARS) AND THIS IS PROBABLY THE MAJOR REASON FOR GOLD/SILVER’S RISE THESE PAST TWO MONTHS. THEY ARE TOTALLY TRAPPED. THUS THE REASON FOR THE CONTINUAL RAIDING OF OUR PHYSICAL ANCIENT METAL OF KINGS LIKE YESTERDAY, AND THEIR FAILURE TO STOP CENTRAL BANK PURCHASES OF PHYSICAL GOLD IS THE MAJOR ISSUE OF THE DAY! ACTUALLY THE FED HAS COAXED THE SPECULATORS TO GO MASSIVELY SHORT WHILE THEY TAKE THE LONG SIDE AFTER THEY COMMENCE THE AVALANCHE IN LOWERING PRICE OF GOLD
OUR PHYSICAL LONDONERS BOUGHT NEW MASSIVE QUANTITIES OF LONGS AT ANY PRICE AND THIS GOLD BOUGHT WILL BE TENDERED FOR PHYSICAL ON A T + 1 BASIS. BECAUSE GOLD IS BASEL III COMPLIANT, GOLD MUST BE DELIVERED IN A VERY TIMELY ONE DAY. CENTRAL BANKS AROUND THE WORLD, BEING REPRESENTED BY OUR LONDONERS, ARE THE REAL PURCHASERS OF THIS GOLD. NOT ONLY THAT BUT GOLD FROM NOVEMBER TO DECEMBER WENT INTO BACKWARDATION INDICATING SCARCITY IN THE FRONT MONTH.
WE HAD A HUGE T.A.S. LIQUIDATION THROUGHOUT LAST WEEK’S TRADING AND AGAIN WITH THIS WEEKS TRADING, MONDAY THROUGH FRIDAY..
THE PROBLEM FOR THOSE PROVIDING THE SHORT PAPER IS THE SHOCK TO THEM ON RECEIVING NOTICE THAT THE LONGS WANT THE PHYSICAL GOLD AS THEY TENDER FOR THAT SHINY YELLOW METAL. THE HIGH LIQUIDATION OF THE SPREADERS // T.A.S DURING LAST WEEK AND THIS WEEK IS SURELY DISTORTING COMEX OPEN INTEREST BUT THAT DOES NOT STOP LONDON’S ACCUMULATION OF PHYSICAL! YOU CAN VISUALIZE THAT PERFECTLY WITH THE HUGE AMOUNTS OF QUEUE JUMPING ORCHESTRATED BY CENTRAL BANKERS BOLTING AHEAD OF ORDINARY LONGS AS THEIR NEED FOR PHYSICAL IS GREAT AS THEY SCOUR THE PLANET LOOKING FOR GOLD
EXCHANGE FOR PHYSICAL ISSUANCE
WE ARE NOW ENTERING INTO THE NON ACTIVE DELIVERY MONTH OF NOV.… THE CME REPORTS THAT THE BANKERS ISSUED A STRONG SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,
THAT IS A STRONG SIZED 4803 EFP CONTRACTS WERE ISSUED: : /DEC 4803 & ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 4803 CONTRACTS. THESE EFP;S CIRCLE AROUND LONDON ON A 13 DAY BASIS AND ARE NOW USED BY GLOBAL CENTRAL BANKS TO EXERCISE FOR PHYSICAL GOLD WITH THE OBLIGATION TO DELIVER BEING FORCED ONTO COMEX BANKS. THE GOLD DELIVERED COMES FROM LONDON.
ON A NET BASIS IN OPEN INTEREST WE LOST THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A HUGE SIZED TOTAL OF 12,906CONTRACTS IN THAT 4803 CONTRACT LONGS WERE TRANSFERRED AS EXCHANGE FOR PHYSICALS TO LONDON AND WE HAD A HUGE SIZED LOSS OF 17,709 COMEX CONTRACTS..AND THIS STRONG LOSS ON OUR TWO EXCHANGES HAPPENED DESPITE OUR SMALL LOSS IN PRICE OF $1.90 FRIDAY// COMEX. THE EXCHANGE FOR PHYSICALS WILL BE USED BY CENTRAL BANKS, TO EXERCISE FOR PHYSICAL GOLD AS MENTIONED ABOVE. HOWEVER I AM SAD TO REPORT THAT THE CROOKS ISSUED ANOTHER STUPID EXCHANGE FOR RISK OF A GIANT 1,000 CONTRACTS OR A BUYER IS TAKING THE RISK THAT THEY WILL DELIVER TO HIM 3.110 TONNES OF GOLD (311,000 OZ). WE WISH THE BUYER ALL THE LUCK IN THE WORLD.
AS PER OUR NEWBIE TRADE AT SETTLEMENT (TAS) MANIPULATION OPERATION (WHICH CRAIG HEMKE HAS POINTED OUT HAPPENS USUALLY DURING MID MONTH IN THE DELIVERY CYCLE), BUT NOW ON A DAILY BASIS, THE CME REPORTS THAT THE TOTAL T.A.S. ISSUANCE FOR FRIDAY NIGHT, A EXTRA STRONG SIZED 7783 CONTRACTS, WILL BE USED TO REPLENISH SUPPLIES.. ALMOST ALL OF THE TRADING AND SUPPLY OF CONTRACTS WAS ORCHESTRATED BY GOVERNMENT (FEDERAL RESERVE BANK OF NEW YORK). HOWEVER, AS PROMISED THIS ENDED THE FIFTH CONSECUTIVE 30,000 + DAY ISSUANCE OF T.A.S BY THE CROOKS.
THROUGHOUT THE PAST SEVERAL WEEKS, THE BANKERS CONTINUE TO SELL OFF THE LONG SIDE OF THE SPREAD (T.A.S.) WHICH OF COURSE CONTINUES TO MANIPULATE THE PRICE OF GOLD SOUTHBOUND. (THEY KEEP THE SHORT SIDE OF THE CALENDAR/T.A.S. SPREAD WHICH WILL BE LIQUIDATED IN DAYS HENCE//. IT SEEMS THAT OUR CROOKS ARE HAVING A HARD TIME TRYING TO CONTROL THE PRICE OF GOLD AND THUS THE NEED FOR CONTINUAL STRONG T.A.S. ISSUANCE (AND SPREADERS LATE IN THE MONTH). THE USE OF T.A.S. IS OF EXTREME IMPORTANCE TO OUR CROOKS IN LAST WEEK’S AND THIS WEEK’S TRADING AND ESPECIALLY WITH THIS ENTIRE WEEK’S CONTINUOUS RAIDS.
// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING: NOV (13.654 TONNES) WHICH IS HUGE FOR OUR NON ACTIVE NOV DELIVERY MONTH.
HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 47 MONTHS OF 2021-2024:
DEC 2021: 112.217 TONNES
NOV. 8.074 TONNES
OCT. 57.707 TONNES
SEPT: 11.9160 TONNES
AUGUST: 80.489 TONNES
JULY 7.2814 TONNES
JUNE: 72.289 TONNES
MAY 5.77 TONNES
APRIL 95.331 TONNES
MARCH 30.205 TONNES
FEB ’21. 113.424 TONNES
JAN ’21: 6.500 TONNES.
TOTAL YEAR 2021 (JAN- DEC): 601.213 TONNES
YEAR 2022:
JANUARY 2022 17.79 TONNES
FEB 2022: 59.023 TONNES
MARCH: 36.678 TONNES
APRIL: 85.340 TONNES FINAL.
MAY: 20.11 TONNES FINAL
JUNE: 74.933 TONNES FINAL
JULY 29.987 TONNES FINAL
AUGUST:104.979 TONNES//FINAL
SEPT. 38.1158 TONNES
OCT: 77.390 TONNES/ FINAL
NOV 27.110 TONNES/FINAL
Dec. 64.000 tonnes
(TOTAL YEAR 656.076 TONNES)
2023:
JAN/2023: 20.559 tonnes
FEB 2023: 47.744 tonnes
MAR: 19.0637 TONNES
APRIL: 75.676 tonnes
MAY: 19.094 TONNES + 1.244 tonnes of exchange for risk = 20.338
JUNE: 64.354 TONNES
JULY: 10.2861 TONNES
AUGUST: 38.855 TONNES(INCLUDING .6842 EXCHANGE FOR RISK)
SEPT: 15.281 TONNES FINAL
OCT. 35.869 TONNES + 1.665 EXCHANGE FOR RISK =37.0355 tonnes
NOV: 18.7122 TONNES + 16.2505 EX. FOR RISK = 34.9627 TONNES
DEC. 47.073 + 4.634 TONNES OF EXCHANGE FOR RISK = 51.707 TONNES
TOTAL 2023 YEAR : 436.546 TONNES
2024
JAN ’24. 22.706 TONNES
FEB. ’24: 66.276 TONNES (INCLUDES 1.723 TONNES EX. FOR RISK)
MARCH: 18.8398 TONNES + 1.1695 EX FOR RISK = 20.093 TONNES
APRIL: 2024: 53.673TONNES FINAL
MAY/ 2024 8.5536 TONNES + 3.3716 TONNES EX FOR RISK/= 11.9325
JUNE; 95.578 TONNES. + 1.045 TONNES EXCHANGE FOR RISK =96.623 THIS IS THE HIGHEST RECORDED GOLD STANDING SINCE AUGUST 2022
JULY: 11.692 TONNES
AUGUST 69.602 TONNES//FINAL STANDING
SEPT. 13.164 TONNES.
OCT 39.474 TONNES + + 20.917 TONNES EXCHANGE FOR RISK =60.391 TONNES
NOV . 10.544 TONNES + 3.11 TONNES OF EX. FOR RISK = 13.654 TONNES
THE SPECS/HFT WERE SUCCESSFUL IN LOWERING GOLD’S PRICE( IT FELL BY A SMALL $1.90/)//BUT WERE SUCCESSFUL IN KNOCKING OFF SOME NET SPECULATOR LONGS AS WE DID HAVE A STRONG LOSS IN OUR TWO EXCHANGES. WE DID HAVE A HUGE T.A.S. SPREADER LIQUIDATION MONDAY THROUGH FRIDAY AS THE NEED FOR REPLENISHMENT WAS STILL IN FULL FORCE. THIS COULD NOT STOP CENTRAL BANK LONGS, SEIZING THE MOMENT, EXERCISED AGAIN FOR PHYSICAL IN A BIG WAY TENDERING FOR PHYSICAL FRIDAY EVENING
WE HAVE LOST A TOTAL OF 36.799 PAPER TONNES FROM OUR TWO EXCHANGES, ACCOMPANYING OUR INITIAL GOLD TONNAGE STANDING FOR NOV (2.488TONNES) ON FIRST DAY NOTICE FOLLOWED BY TODAY’S GOOD SIZED QUEUE JUMP OF 16 CONTRACTS OR 1600 OZ (0.0311 TONNES). THESE GUYS UNDERWENT A QUEUE JUMP BOLTING AHEAD OF OTHER LONGS TO OBTAIN BADLY NEEDED PHYSICAL GOLD. MOSTLY LIKELY THIS IS THE FRBNY DESPERATELY TRYING TO EXTINGUISH ITS MASSIVE PHYSICAL SHORT FALL OF 93 TONNES. HOWEVER WE MUST ADD THAT CRAZY “DELIVERY” OF 1000 CONTRACTS OF EXCHANGE FOR RISK OR 311,000 OZ OR 3.11 TONNES OF GOLD. HERE THE BUYER OF THESE CONTRACTS ASSUMES THE RISK THAT WE WILL BE DELIVERED UPON BY THE SELLER
//NEW STANDING FOR NOV 10.544 TONNES + 3.11 TONNES EX FOR RISK= 13.654 TONNESES
NEW STANDING FOR NOVEMBER: 13.654TONNES (WHICH FOR A NON ACTIVE DELIVERY MONTH)
ALL OF THIS WAS ACCOMPLISHED DESPITE OUR SMALL LOSS IN PRICE TO THE TUNE OF $1.90
WE HAD XXX CONTRACTS REMOVED FROM THE COMEX TRADES TO OPEN INTEREST (CROOKS)//PRELIMINARY TO FINAL.
NET LOSS ON THE TWO EXCHANGES 11,831 CONTRACTS OR 1,183,100 OZ (36.799 TONNES)
confirmed volume FRIDAY 225,951 contracts STRONG //// t.a.s. enhanced
//speculators have left the gold arena
END
NOV 18 NOV GOLD CONTRACT
/ /// THE NOV 2024 GOLD CONTRACT
| Gold | Ounces |
| Withdrawals from Dealers Inventory in oz | nil |
| Withdrawals from Customer Inventory in oz | 1,212,761.440 OZ ASAHI Delaware Loomis . |
| Deposit to the Dealer Inventory in oz | NIL |
| Deposits to the Customer Inventory, in oz | |
| No of oz served (contracts) today | 16 notice(s) 1600 OZ 0.0487 TONNES |
| No of oz to be served (notices) | 820 contracts 82,000 OZ 2.550 TONNES |
| Total monthly oz gold served (contracts) so far this month | 2570 notices 257,000 oz 7.993 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 |
dealer deposits: 0
total dealer deposits: nil oz
we have 0 customer deposits
total deposits nil oz
withdrawals: 0
TOTAL WITHDRAWALS: nil oz
adjustments: 0
CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR NOV.
For the front month of NOV: we have an oi of 836 contracts having GAINED 14 contracts. We had 2 contracts served on FRIDAY so we gained 16 contract as these guys underwent a GOOD SIZED queue jump of 1600 oz (0.04976 TONNES OF GOLD) to which we add the 3.11 tonnes of exchange for risk delivery.
DECEMBER, THE BIGGEST DELIVERY MONTH LOST 25,101 CONTRACTS TO 227,280
JANUARY GAINED 14 CONTRACTS TO STAND AT 448
FEBRUARY GAINED 3750 CONTRACTS TO 209,455 .
We had 16 contracts filed for today representing 1600 oz
This is a huge major assault on the comex for gold and this time it is physical that will be requested.
Today, 0 notice(s) were issued from J.P.Morgan dealer and 16 notices issued from their client or customer account. The total of all issuance by all participants equate to 16 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 0 notice(s) was (were) stopped (received) by J.P.Morgan//customer account
To calculate the INITIAL total number of gold ounces standing for NOV /2024. contract month, we take the total number of notices filed so far for the month (2570 x 100 oz ) to which we add the difference between the open interest for the front month of NOV(836 CONTRACTS) minus the number of notices served upon today (16 x 100 oz per contract( equals 339,000 OZ OR 10.544 TONNES.+ to which we add 3.11 tonnes of exchange for risk delivery //new totals 13.654 tonnes
thus the INITIAL standings for gold for the NOV contract month: No of notices filed so far (2570 x 100 oz +we add the difference for front month of NOV (836 OI} minus the number of notices served upon today (16 x 100 oz which equals 339,000 oz (10.544 TONNES) +3.11 tonnes (ex. for risk) = 13.654
TOTAL COMEX GOLD STANDING FOR NOV.: 13.654 TONNES WHICH IS HUGE FOR THIS NON ACTIVE DELIVERY MONTH IN THE CALENDAR.
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COMEX GOLD INVENTORIES/CLASSIFICATION
NEW PLEDGED GOLD:
241,794.285 oz NOW PLEDGED /HSBC 5.94 TONNES
204,937.290 OZ PLEDGED MANFRA 3.08 TONNES
83,657.582 PLEDGED JPMorgan no 1 1.690 tonnes
265,999.054, oz JPM No 2
1,152,376.639 oz pledged Brinks/
Manfra: 33,758.550 oz
Delaware: 193.721 oz
International Delaware:: 11,188.542 oz
total pledged gold: 1,630,255.223 oz 50.71 tonnes
TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED GOLD: 17,488,407.82 OZ
TOTAL REGISTERED GOLD 7,803,563.721/// 242.72tonnes).
TOTAL OF ALL ELIGIBLE GOLD: 9,684843.921 OZ
REGISTERED GOLD THAT CAN BE SERVED UPON: 6,173,208 oz (REG GOLD- PLEDGED GOLD)= 192.01 tonnes //
END
SILVER/COMEX
NOV 18. 2024
INITIAL
//2024// THE NOV 2024 SILVER CONTRACT//INITIAL
| Silver | Ounces |
| Withdrawals from Dealers Inventory | NIL oz |
| Withdrawals from Customer Inventory | 1,286,856.548oz Delaware Loomis . |
| Deposits to the Dealer Inventory | nil oz |
| Deposits to the Customer Inventory | nil oz |
| No of oz served today (contracts) | 1 CONTRACT(S) (5,000 OZ) |
| No of oz to be served (notices) | 24 contracts (120,000oz) |
| Total monthly oz silver served (contracts) | 882 Contracts (4.410 MILLION oz) |
| Total accumulative withdrawal of silver from the Dealers inventory this month | NIL oz |
| Total accumulative withdrawal of silver from the Customer inventory this month |
i) 0 dealer deposit/
total dealer deposit : NIL oz
i) We had 0 dealer withdrawal
total dealer withdrawals: 0 oz
We had 0 customer deposit
total customer deposits nil oz
We had 3 withdrawals
i) Out of Delaware 1982.05 oz
ii) Out of Loomis 600,022.990 oz
iii) Out of Asahi: 615,756.400 oz
total withdrawal 1,217,761.440 oz
JPMorgan has a total silver weight: 134.401million oz/308.821million or 43,35%
adjustment 0
TOTAL REGISTERED SILVER: 69.457MILLION OZ//.TOTAL REG + ELIGIBLE. 308.821 million oz
CALCULATIONS FOR THE NEW STANDING FOR SILVER FOR NOV
silver open interest data:
FRONT MONTH OF NOV /2024 OI: 25 OPEN INTEREST FOR A LOSS OF 9 CONTRACTS
WE HAD 7 NOTICES FILED ON FRIDAY SO WE LOST 2 CONTRACTS OR 10,000 OZ UNDERWENT AN E,F,P TRANSFER TO LONDON AS THEY DECIDED TO LOOK FOR SILVER ON THE LONDON SIDE OF THE POND.
DECEMBER SAW A LOSS OF 1944 CONTRACTS DOWN TO 64,396 CONTRACTS
JANUARY SAW A GAIN OF 24 CONTRACTS UP TO 1228
.
TOTAL NUMBER OF NOTICES FILED FOR TODAY: 1 for 0.005 MILLION oz
CONFIRMED volume; ON FRIDAY 144,206 mega huge// t.a.s. enhanced
To calculate the number of silver ounces that will stand for delivery in NOV we take the total number of notices filed for the month so far at 882x 5,000 oz = 4.410 MILLION oz
to which we add the difference between the open interest for the front month of NOV (25) and the number of notices served upon today (1)x (5000 oz)
Thus the standings for silver for the NOV 2024 contract month: 882 Notices served so far) x 5000 oz + OI for the front month of NOV(25) number of notices served upon today minus (1)x 5000 oz of silver standing for the NOV contract month equates to 4.530 MILLION OZ.
New total standing: 4.530 million oz.
There are 69.457 million oz of registered silver.
The record level of silver open interest is 234,787 contracts set on April 21./2017 with the price on that day at $18.42. The previous record was 224,540 contracts with the price at that time of $20.44.
Now that we have surpassed $28.40 the next big line in the sand for silver is $34.76. After that the moon
END
BOTH GLD AND SLV ARE MASSIVE FRAUDS!
GLD AND SLV INVENTORY LEVELS//
GLD
NOV 18 WITH GOLD UP $44.20 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD A DEPOSIT OF 2.56 TONNES OF GOLD INTO THE GLD/:. .///INVENTORY RESTS AT 869.93 TONNES
NOV 15 WITH GOLD DOWN $1.90 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 1.25 TONNES OF GOLD FROM THE GLD/:. .///INVENTORY RESTS AT 867.37 TONNES
NOV 14 WITH GOLD DOWN $12.90 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 1.91 TONNES OF GOLD FROM THE GLD/:. .///INVENTORY RESTS AT 868.62 TONNES
NOV 13 WITH GOLD DOWN $19.30 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 1.44 TONNES OF GOLD FROM THE GLD/:. .///INVENTORY RESTS AT 870.63 TONNES
NOV 12 WITH GOLD DOWN $11.40 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 4.88 TONNES OF GOLD FROM THE GLD/:. .///INVENTORY RESTS AT 871,97 TONNE
NOV 11 WITH GOLD DOWN $75.35 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 3.74 TONNES OF GOLD FROM THE GLD/:. .///INVENTORY RESTS AT 876.85 TONNES
NOV 8 WITH GOLD DOWN $11.85 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 2.87 TONNES OF GOLD FROM THE GLD/:. .///INVENTORY RESTS AT 883.46 TONNES
NOV 7 WITH GOLD UP $30.50 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 3.45 TONNES OF GOLD FROM THE GLD/:. .///INVENTORY RESTS AT 883.46 TONNES
NOV 6 WITH GOLD DOWN $72.80 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD A WITHDRAWAL OF 1.72 TONNES OF GOLD FROM THE GLD/:. .///INVENTORY RESTS AT 886.91 TONNES
NOV 5 WITH GOLD UP $4.05 ON THE DAY; NO CHANGES IN GOLD AT THE GLD:.// . // .///INVENTORY RESTS AT 888.63 TONNES
NOV 4 WITH GOLD DOWN $2.45 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 3.16 TONNES OF GOLD OUT OF THE GLD.// . // .///INVENTORY RESTS AT 888.63 TONNES
NOV 1 WITH GOLD UP 0.15 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 0.86 TONNES OF GOLD INTO THE GLD.// . // .///INVENTORY RESTS AT 891 TONNES
OCT 31 WITH GOLD DOWN $49.55 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 2.87 TONNES OF GOLD INTO THE GLD.// . // .///INVENTORY RESTS AT 892.65 TONNES
OCT 30 WITH GOLD UP $20.10 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 1.72 TONNES OF GOLD INTO THE GLD.// . // .///INVENTORY RESTS AT 889,78 TONNES
OCT 29 WITH GOLD UP $25.35 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 1.72 TONNES OF GOLD INTO THE GLD.// . // .///INVENTORY RESTS AT 891.50 TONNES
OCT 28 WITH GOLD UP $1.50 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 4.02 TONNES OF GOLD FROM THE GLD.// . // .///INVENTORY RESTS AT 889.78 TONNES
OCT 25 WITH GOLD UP $6.40 ON THE DAY; NO CHANGES IN GOLD AT THE GLD: // . // .///INVENTORY RESTS AT 893.80 TONNES
OCT 24 WITH GOLD UP $19.60 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 1.44 TONNES // // . // .///INVENTORY RESTS AT 893.80 TONNES
OCT 23 WITH GOLD DOWN $29.40 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 3.45 TONNES // // . // .///INVENTORY RESTS AT 895.24 TONNES
OCT 21 WITH GOLD UP $9.30 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 1.277 TONNES // // . // .///INVENTORY RESTS AT 888.63 TONNES
OCT 18 WITH GOLD UP $22.30 ON THE DAY; NO CHANGES IN GOLD AT THE GLD // // . // .///INVENTORY RESTS AT 884.59 TONNES
OCT 17 WITH GOLD UP $17.30 ON THE DAY; NO CHANGES IN GOLD AT THE GLD // // . // .///INVENTORY RESTS AT 884.59 TONNES
OCT 16 WITH GOLD UP $13.60 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD //A MONSTER DEPOSIT OF 4.02 TONNES OF GOLD INTO THE GLD.; // . // .///INVENTORY RESTS AT 884.59 TONNES
OCT 15 WITH GOLD UP $2.85 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD //A MONSTER DEPOSIT OF 4.31 TONNES OF GOLD INTO THE GLD.; // . // .///INVENTORY RESTS AT 880.57 TONNES
OCT 11 WITH GOLD UP $36.55 ON THE DAY; NO CHANGES IN GOLD AT THE GLD; // . // .///INVENTORY RESTS AT 876.26 TONNES
OCT 10 WITH GOLD UP $14.50 ON THE DAY; NO CHANGES IN GOLD AT THE GLD; // . // .///INVENTORY RESTS AT 876.26 TONNES
OCT 9 WITH GOLD DOWN $8.50 ON THE DAY; NO CHANGES IN GOLD AT THE GLD; // . // .///INVENTORY RESTS AT 876.26 TONNES
OCT 8 WITH GOLD DOWN $28,.95 ON THE DAY; NO CHANGES IN GOLD AT THE GLD; // . // .///INVENTORY RESTS AT 876.26 TONNES
OCT 7 WITH GOLD DOWN $1.85 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD; A WITHDRAWAL OF 1.15 TONNES OF GOLD OUT OF THE GLD// . // .///INVENTORY RESTS AT 876.26 TONNES
OCT 4 WITH GOLD DOWN $11.20 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD; A DEPOSIT OF 12.57 TONNES OF GOLD INTO THE GLD// . // .///INVENTORY RESTS AT 877.41 TONNES
GLD INVENTORY: 867.37 TONNES, TONIGHTS TOTAL
SILVER
NOV 18 WITH SILVER UP $0.68 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV:A DEPOSIT OF 1,277,000 OZ INTO THE SLV. /// //INVENTORY AT SLV RESTS AT 471,830 MILLION OZ
NOV 15 WITH SILVER DOWN $0.09 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV:A WITHDRAWAL OF 3,100,000 OZ OUT OF THE SLV. /// //INVENTORY AT SLV RESTS AT 471,830 MILLION OZ
NOV 14 WITH SILVER DOWN $0.07 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV:A WITHDRAWAL OF 1,504,000 OZ OUT OF THE SLV. /// //INVENTORY AT SLV RESTS AT 473.653 MILLION OZ
NOV 13 WITH SILVER DOWN $0.16 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV:A WITHDRAWAL OF 1,274,000 OZ OUT OF THE SLV. /// //INVENTORY AT SLV RESTS AT 475.157 MILLION OZ
NOV 12 WITH SILVER UP $0.16 //SMALL CHANGES IN SILVER INVENTORY AT THE SLV:A WITHDRAWAL OF 576,000 OZ INTO THE SLV. /// //INVENTORY AT SLV RESTS AT 476.000 MILLION OZ
NOV 11 WITH SILVER DOWN $0.79 //SMALL CHANGES IN SILVER INVENTORY AT THE SLV:A WITHDRAWAL OF 374,000 OZ INTO THE SLV. /// //INVENTORY AT SLV RESTS AT 477.527 MILLION OZ
NOV 8 WITH SILVER DOWN $0.43 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV:A DEPOSIT OF 2.005 MILLION OZ INTO THE SLV. /// //INVENTORY AT SLV RESTS AT 477.846 MILLION OZ
NOV 7 WITH SILVER UP $0.11 //NO CHANGES IN SILVER INVENTORY AT THE SLV: /// //INVENTORY AT SLV RESTS AT 475.841 MILLION OZ
NOV 6 WITH SILVER DOWN $1.41 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 3.692 MILLION OZ FROM THE SLV/.//// //INVENTORY AT SLV RESTS AT 475.841 MILLION OZ
NOV 5 WITH SILVER UP 0.18 :SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.109 MILLION OZ FROM THE SLV/.//// //INVENTORY AT SLV RESTS AT 479,533 MILLION OZ
NOV 4 WITH SILVER DOWN $0.08 :SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 547,000 OZ.//// //INVENTORY AT SLV RESTS AT 480.642 MILLION OZ
NOV 1 WITH SILVER DOWN $0.10 : NO CHANGES IN SILVER INVENTORY AT THE SLV:.//// //INVENTORY AT SLV RESTS AT 481.189 MILLION OZ
OCT 31 WITH SILVER DOWN $1.26 : HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 3.647 MILLION OZ OF SILVER INTO THE SLV//.//// //INVENTORY AT SLV RESTS AT 481.189 MILLION OZ
OCT 30 WITH SILVER DOWN 38 CENTS : NO CHANGES IN SILVER INVENTORY AT THE SLV.//// //INVENTORY AT SLV RESTS AT 477.542 MILLION OZ
OCT 29 WITH SILVER UP 49 CENTS : HUGE CHANGES IN SILVER INVENTORY AT THE SLV’ A WITHDRAWAL OF 0.628 MILLION OZ OUT OF THE SLV..//// //INVENTORY AT SLV RESTS AT 477.542 MILLION OZ
OCT 28 WITH SILVER UP 15 CENTS : HUGE CHANGES IN SILVER INVENTORY AT THE SLV’ A WITHDRAWAL OF 1.431 MILLION OZ OUT OF THE SLV..//// //INVENTORY AT SLV RESTS AT 478.180 MILLION OZ
OCT 25 WITH SILVER DOWN $0,02 : HUGE CHANGES IN SILVER INVENTORY AT THE SLV’ A DEPOSIT OF 3.06 MILLION OZ INTO THE SLV..//// //INVENTORY AT SLV RESTS AT 480.281 MILLION OZ
OCT 24 WITH SILVER UP $0,01 : SMALL CHANGES IN SILVER INVENTORY AT THE SLV’ A WITHDRAWAL OF 0.684 MILLION OZ OF SILVER OUT OF THE SLV..//// //INVENTORY AT SLV RESTS AT 477.177 MILLION OZ
OCT 23 WITH SILVER DOWN $1.15 : SMALL CHANGES IN SILVER INVENTORY AT THE SLV’ A WITHDRAWAL OF 0.228 MILLION OZ OF SILVER OUT OF THE SLV..//// //INVENTORY AT SLV RESTS AT 477,861 MILLION OZ
OCT 22 WITH SILVER $0.93 : HUGE CHANGES IN SILVER INVENTORY AT THE SLV’ A DEPOSIT OF 3.329 MILLION OZ OF SILVER INTO THE SLV..//// //INVENTORY AT SLV RESTS AT 478.089 MILLION OZ
OCT 18 WITH SILVER $1.46 : NO CHANGES IN SILVER INVENTORY AT THE SLV//// //INVENTORY AT SLV RESTS AT 473.483 MILLION OZ
OCT 17 WITH SILVER DOWN 18 CENTS : HUGE CHANGES IN SILVER INVENTORY AT THE SLV//A DEPOSIT OF 3.419 MILLION OZ INTO THE SLV// //INVENTORY AT SLV RESTS AT 473.483 MILLION OZ
OCT 16 WITH SILVER UP 25 CENTS : NO CHANGES IN SILVER INVENTORY AT THE SLV// //INVENTORY AT SLV RESTS AT 470.064 MILLION OZ
OCT 15 WITH SILVER DOWN 2 CENTS : SMALL CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 456,,000 OZ FORM THE SLV. //INVENTORY AT SLV RESTS AT 470.064 MILLION OZ
OCT 11 WITH SILVER UP 53 CENTS : HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 932,000 OZ FORM THE SLV. //INVENTORY AT SLV RESTS AT 470.520 MILLION OZ
OCT 9 WITH SILVER UP 7 CENTS : HUGE CHANGES IN SILVER INVENTORY AT THE SLV A DEPOSIT OF 2.964 MILLION OZ FORM THE SLV..: /INVENTORY AT SLV RESTS AT 471.432 MILLION OZ
OCT 8 WITH SILVER DOWN $1.41 : HUGE CHANGES IN SILVER INVENTORY AT THE SLV A DEPOSIT OF 2.007 MILLION OZ FORM THE SLV..: /INVENTORY AT SLV RESTS AT 468.468 MILLION OZ
OCT 7 WITH SILVER DOWN 39 CENTS : HUGE CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 684,000 OZ FORM THE SLV..: /INVENTORY AT SLV RESTS AT 466.461 MILLION OZ
OCT 4 WITH SILVER UP 0 CENTS : NO CHANGES IN SILVER INVENTORY AT THE SLV.: /INVENTORY AT SLV RESTS AT 465.777MILLION OZ
CLOSING INVENTORY 471.830 MILLION OZ//
PHYSICAL GOLD/SILVER COMMENTARIES
1/ PETER SCHIFF/SCHIFF GOLD/MIKE MAHARRY
2. ALASDAIR MACLEOD/JIM RICKARDS/PAM AND RUSS MARTENS/ JAMES RICKARDS/ VON GREYERZ//GOLD AND SILVER COMMENTARY//BILL HOLTER:
3. CHRIS POWELL AND GATA DISPATCHES
Central banks and bullion banks buy the dip, encouraged by GATA’s Lambourne, Maguire says
Submitted by admin on Sat, 2024-11-16 00:19 Section: Daily Dispatches
11:24p Friday, November 15, 2025
In this week’s edition of Kinesis Money’s “Live from the Vault” program at YouTube, London metals trader Andrew Maguire says central banks are using the recent “Trump trade” increase in the U.S. dollar index and the corresponding fall in the gold price to obtain real metal at a discount, buying gold futures contracts on the New York Commodities Exchange and turning them into demands for delivery of metal in London, which will force the shorts to cover as already has happened repeatedly this year.
Maguire credits GATA’s consultant on the Bank for International Settlements, Robert Lambourne, for his longstanding work exposing the Federal Reserve’s borrowing of gold through the BIS to try to cap the gold price.
But the capping isn’t working, Maguire says, as every central bank and every bullion bank are buying physical gold and the much-anticipated international revaluation of the monetary metal is already in motion.
This episode of “Live from the Vault” is 39 minutes long and can be seen at YouTube here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
end
James Turk: How to make America great again
Submitted by admin on Fri, 2024-11-15 23:00 Section: Daily Dispatches
By James Turk
Free Market Gold and Money Report
Thursday, November 14, 2024
If I were advising President Trump, here are the recommendations — with the supporting analysis — I would offer to him to make America great again. To achieve this laudable goal, which would secure for him a pre-eminent place in history, a return to the fundamental principles that made America great is needed.
As numerous polls reveal, the American people recogni.zse that their country is headed in the wrong direction. To correct its course, the rash changes wrought by the progressives in the last century need to be reversed. They have caused government to become overly involved in people’s lives by disrupting the checks and balances of the American political structure.
America began an unsound path with the ill-advised tinkering to key provisions of the Constitution with the 16th and 17th Amendments ratified in 1913. Both need to be repealed as occurred with the 18th Amendment (ratified 1919, ended in 1933). The 18th was the progressives’ ill-fated attempt to control social behavior by the autocratic prohibition of alcoholic beverages, an un-American restriction eliminating free choice. …
… For the remainder of the commentary:
end
Brien Lundin: Noose tightens on the Fed, and it’s not too late for NOLA
Submitted by admin on Wed, 2024-11-13 12:58 Section: Daily Dispatches
1p ET Wednesday, November 13, 2024
Dear Friend of GATA and Gold:
In his commentary today, Gold Newsletter editor and New Orleans Investment Conference proprietor Brien Lundin writes that the soaring debt of the U.S. government is undermining the Federal Reserve’s program of reducing interest rates even as higher debt service costs will wreck the government’s finances and those of business too.
Lundin adds that there’s still time to get into the New Orleans conference next week — its 50th anniversary conference. Your secretary/treasurer will be among the speakers, and some junior mining companies that have supported GATA will be exhibiting, including Apollo Silver, Banyan Gold, Dryden Gold, Honey Badger Silver, Power Nickel, Relevant Gold, U.S. Gold, and Western Alaska Minerals.
Next week’s weather forecast for New Orleans looks lovely, sunny with high temperatures in the upper 60s and low 70s. New Orleans and the bright future of gold and silver should be able to make almost any investor happy.
So please read Lundin’s commentary below and think urgently about joining us next week. To register visit the conference’s internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
end
Inside the huge new Money Metals Exchange vault in Idaho
Submitted by admin on Mon, 2024-11-11 19:27 Section: Daily Dispatches
7:28p ET Monday, November 11, 2024
Dear Friend of GATA and Gold:
GATA supporter Money Metals Exchange has posted at YouTube a video about its massive new monetary metals depository in Eagle, Idaho, said to be the largest such vault in the United States west of New York, a vault even larger than the U.S. gold repository at Fort Knox, Kentucky.
Customers may be confident that their metal vaulted with Money Metals Exchange is infinitely less likely to be rehypothecated than any metal vaulted at Fort Knox, if indeed there’s still any metal there at all.
Money Metals Exchange is also the sponsor of the Sound Money Defense League, which is leading the effort to remonetize gold and silver in the United States and in recent years has had great success in persuading state governments to remove sales taxes from gold and silver.
The video is 7 1/2 minutes long and can be viewed at YouTube here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
end
Brien Lundin: Gold vs. bitcoin
Submitted by admin on Mon, 2024-11-11 18:45 Section: Daily Dispatches
By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, November 11, 2024
In investing, perception is reality, especially over the short term.
And right now a lot of traders believe that the incoming Trump administration is going to be very pro-Bitcoin … and for some reason that’s also supposed to be anti-gold.
Bitcoin is continuing its post-election rally, reaching nearly $85,000 after surging over 7% today.
In contrast, both gold and silver are off over 2.5%, in a follow-up to the big sell-off experienced the day after the presidential election.
The consensus view among traders is that the incoming Trump administration will be very friendly to institutionalizing Bitcoin not only as money, but potentially as a national reserve holding. Speculators have jumped onto this view, which is, frankly, completely understandable.
What isn’t understandable is why this would be bearish for gold. …
… For the remainder of the analysis:
4. OTHER GOLD COMMENTARIES//LIVE FROM THE VAULT/no 199 ANDREW MAGUIRE
LIVE FROM THE VAULT/ANDREW MAGUIRE KINESIS 199
5 B GLOBAL COMMODITY ISSUES/FOOD IN GENERAL//FREIGHT/COMMODITIES: ALUMINA
.
6 CRYPTOCURRENCY NEWS
Bakkt Soars 90% On Report Trump’s Socal Media Company Will Buy The Crypto Trading Venue
Monday, Nov 18, 2024 – 03:41 PM
Donald Trump’s social media company, DJT, soared 8%, amid reports that it was in advanced talks to buy Bakkt, a cryptocurrency trading venue owned by Intercontinental Exchange, as it pushes to expand beyond online conversation.
The US president-elect’s Trump Media and Technology Group, in which he has pledged to retain his 53% stake, is closing in on an all-share purchase of Bakkt, the FT reported citing two people with knowledge. The valuation under discussion was not immediately clear but Bakkt’s market capitalization stood at just over $150 million on Monday. DJT’s market cap was $6 billion before the news hit.
As the FT reports, TMTG, which operates Truth Social, has become one of the most actively traded US stocks since Trump’s election victory as retail investors try to profit on its often-volatile trading moves. What is remarkable is that the company has a $6 billion market cap even though it has reported just $2.6 million in revenues; clearly the stock is extremely overvalued and gives the management a valuable currency with which to buy other companies. Which it is now doing.
A successful deal would deepen Trump’s move into the cryptocurrency market after he began promoting a new crypto venture set up by longtime business partners, World Liberty Financial, from which he stands to earn significant fees. Crypto markets have also soared following his election victory, with bitcoin up more than 30 per cent on speculation that his administration would enact favourable legislation for the industry.
Bakkt, which has also struggled for profitability since its launch, was created by ICE, and the owner of the New York Stock Exchange still holds a 55% economic interest in it. Its stock soared 47% on the news and was promptly halted.
Bakkt’s first chief executive was Kelly Loeffler, a former head of marketing at ICE and a Republican ex-senator for Georgia during Trump’s first presidency. She is co-chair of the committee organising his inauguration in January. She is also married to Jeff Sprecher, ICE’s founder, chair and chief executive.
Bakkt previously said its crypto custody business, which has a regulatory license from New York authorities, is likely to be wound down. The FT noted that it would not be included in the deal.
The crypto business had been set up to hold digital assets such as bitcoin and ether on behalf of customers but failed to gain traction and made operating losses of $27,000 from revenues of $328,000 in the three months to September 30. Bakkt is planning to build a trading platform for institutional investors. Bakkt had faced delisting from NYSE owing to its lowly share price, until it effected a 1 for 25 reverse stock-split in April. Last week its share price rose 15%; the stock soared almost 90% and was halted on the FT news, while DJT stock jumped 8%.
Truth Social remains tiny in terms of its reach, averaging 646,000 daily visits to its website this month, according to Similarweb, compared with 155mn a day for Elon Musk’s X platform. Even so, the president-elect’s stake now accounts for more than half of his $5.7bn wealth, as calculated by Bloomberg.
Separately, the WSJ reported that Trump is meeting with the CEO of Coinbase Monday, according to people familiar with the matter. The duo is expected to discuss personnel appointments for his second administration. The meeting between Trump and Brian Armstrong would mark the first time the two have met since Election Day and comes as Trump continues to fill out his cabinet and other senior posts. Trump, formerly a crypto skeptic, has turned into a vocal supporter of the industry.
END
ASIA TRADING MONDAY MORNING/SUNDAY NIGHT
SHANGHAI CLOSED DOWN 6.88 PTS OR 0.21%
//Hang Seng CLOSED UP 150.27 PTS OR 0.27%
// Nikkei CLOSED DOWN 422.01 OR 1.09%//Australia’s all ordinaries CLOSED UP 0.18%///Chinese yuan (ONSHORE) CLOSED DOWN TO 7.2449 CHINESE YUAN OFFSHORE CLOSED DOWN TO 7.2494// Oil DOWN TO 67.42 dollars per barrel for WTI and BRENT UP AT 71.44 Stocks in Europe OPENED ALL GREEN
ONSHORE USA/ YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST US DOLLAR/OFFSHORE YUAN WEAKER
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
1.YOUR EARLY CURRENCY VALUES/GOLD AND SILVER PRICING/ASIAN AND EUROPEAN BOURSE MOVEMENTS/AND INTEREST RATE SETTINGS MONDAY MORNING.7:30 AM
ONSHORE YUAN: CLOSED DOWN AT 7.2424
OFFSHORE YUAN: DOWN TO 7.2494
SHANGHAI CLOSED CLOSED DOWN 6.88 PTS OR 0.21%
HANG SENG CLOSED CLOSED UP 150.27 PTS OR 0.27%
2. Nikkei closed DOWN 422.01 PTS OR 1.09%
3. Europe stocks SO FAR: ALL RED
USA dollar INDEX DOWN TO 106.72 EURO RISES TO 1.0537 UP 47 BASIS PTS
3b Japan 10 YR bond yield: RISES TO. +1.066 Japan buying 100% of bond issuance)/Japanese YEN vs USA cross now at 155.09…… JAPANESE YEN NOW FALLING AS WE HAVE NOW REACHED THE RE EMERGING OF THE YEN CARRY TRADE AGAIN AFTER DISASTROUS POLICY ISSUED BY UEDA
3c Nikkei now ABOVE 17,000
3d USA/Yen rate now well ABOVE the important 120 barrier this morning
3e Gold UP /JAPANESE Yen DOWN CHINESE ONSHORE YUAN: DOWN OFFSHORE: DOWN
3f Japan is to buy INFINITE TRILLION YEN worth of BONDS. Japan’s GDP equals 5 trillion USA
Japan to buy 100% of all new Japanese debt and NOW they will have OVER 50% of all Japanese debt.
3g Oil DOWN for WTI and DOWN FOR BRENT this morning
3h European bond buying continues to push yields lower on all fronts in the EMU. German 10yr bund YIELD UP TO +2.3890 Italian 10 Yr bond yield UP to 3.604 //SPAIN 10 YR BOND YIELD UP TO 3.098
3i Greek 10 year bond yield UP TO 3.224
3j Gold at $2595.05 /Silver at: 30.79 1 am est) SILVER NEXT RESISTANCE LEVEL AT $50.00//AFTER 28.40
3k USA vs Russian rouble;// Russian rouble DOWN 0 AND 19/100 roubles/dollar; ROUBLE AT 100.20
3m oil into the 67 dollar handle for WTI and 71 handle for Brent/
3n Higher foreign deposits moving out of China// huge risk of outflows and a currency depreciation. This can spell financial disaster for the rest of the world/
JAPAN ON JAN 29.2016 CONTINUES NIRP. THIS MORNING RAISES AMOUNT OF BONDS THAT THEY WILL PURCHASE UP TO .5% ON THE 10 YR BOND///YEN TRADES TO 155.09 10 YEAR YIELD AFTER FIRST BREAKING .54% LAST YEAR NOW EXCEEDS THAT LEVEL TO 1.066% STILL ON CENTRAL BANK (JAPAN) INTERVENTION//YEN CARRY TRADE IS NOW UNWINDING.
30 SNB (Swiss National Bank) still intervening again in the markets driving down the FRANC. It is not working: USA/SF this 0.8879 as the Swiss Franc is still rising against most currencies. Euro vs SF: 0.9356 well above the floor set by the Swiss Finance Minister. Thomas Jordan, chief of the Swiss National Bank continues to purchase euros trying to lower value of the Swiss Franc.
USA 10 YR BOND YIELD: 4.473 UP 5 BASIS PTS…
USA 30 YR BOND YIELD: 4.654 UP 6 BASIS PTS/
USA 2 YR BOND YIELD: 4.319 UP 1 BASIS PTS
USA DOLLAR VS TURKISH LIRA: 34.53…
10 YR UK BOND YIELD: 4.556 UP 8 PTS
10 YR CANADA BOND YIELD: 3.334 UP 6 BASIS PTS
5 YR CANADA BOND YIELD: 3.1514 UP 4 PTS.
2a New York OPENING REPORT
2B) European report.
US futures are mixed, Bonds edge lower whilst XAU gains; ECB Lagarde due – Newsquawk US Market Open

Monday, Nov 18, 2024 – 05:50 AM
- European bourses are generally on the backfoot, US futures are mixed.
- Dollar is incrementally lower, JPY underperforms after BoJ Governor Ueda continued to signal a lack of urgency to hike rates.
- USTs are marginally lower whilst Bunds extend losses and slips below 132.00.
- WTI & Brent are firmer in what has been a choppy session, XAU eyes USD 2.6k to the upside.
- Looking ahead, ECB’s Lagarde, Lane & Fed’s Goolsbee.

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EUROPEAN TRADE
EQUITIES
- European bourses began the session on a mixed/flat footing, and initially lacked any firm direction. Soon after the cash open, sentiment improved, however, this upside quickly dissipated to show a mostly negative picture across Europe.
- European sectors hold a strong negative bias, with only a couple of sectors in positive territory. Basic Resources tops the pile, benefiting from strength in underlying metals prices. Real Estate & Tech are found at the foot of the pile, hampered by the relatively high yield environment.
- US Equity Futures are mixed, with slight outperformance in the tech-heavy NQ, attempting to pare back some of the hefty losses in the prior session.
- Barclays cuts Europoean Healthcare to underweight, Utilities to Market weight, Luxury, Insurance to Overweight
- Click for the sessions European pre-market equity newsflow
- Click for the additional news
- Click for a detailed summary
FX
- DXY has kicked the week off on a contained footing with not much to shift the macro dial over the weekend. DXY is currently caged within Friday’s 106.33-96 range. If upside resumes, last week’s YTD peak sits at 107.06.
- EUR/USD currently sits towards the upper end of Friday’s 1.0516-93 range as the USD gives back some of its recent gains. EZ-specific newsflow has been light, but ECB’s Lagarde and Lane are due later.
- JPY is the marginal laggard vs. the USD across the majors after BoJ Governor Ueda continued to signal a lack of urgency to hike rates but reiterated the BoJ will continue to adjust monetary support if the economy and prices move in line with their forecasts. He later warned they could be forced to hike rapidly if they don’t adjust the degree of monetary support appropriately. USD/JPY currently sits towards the bottom end of Friday’s 153.85-156.74 range.
- GBP is steady vs. the USD but in close proximity to Friday’s multi-month low at 1.2597 that was triggered by a soft outturn for Q3 UK GDP. Docket for today is light, but inflation/PMI data is due later in the week.
- Antipodeans are both marginally softer vs. the USD with not much in the way of fresh drivers to instigate price action. Both currencies remain sensitive to the fallout from the US election and the tone that Trump will strike towards China.
- Click for a detailed summary
- Click for NY OpEx Details
FIXED INCOME
- Minor losses for the Dec’24 UST with prices currently in consolidation mode after the election. The Dec’24 UST contract is currently within Friday’s 108.30-109.23+ range; the lower bound of which was a contract low. The US yield curve is marginally bull-steepening with the 2s10s wider by around 14bps.
- Bunds are lower in a slight unwind of some of last week’s upside. Macro focus around the Eurozone remains on the growth outlook with ECB’s de Guindos this morning remarking that this is where the Bank is currently focusing. The Dec’24 Bund contract is currently lingering below the 132 mark, having breached the low on Friday to a current trough of 131.62. ECB President Lagarde & Lane are due to speak later.
- Gilts are marginally softer, in-fitting with price action in global peers. The macro narrative towards the back-end of last week was characterised by the soft outturn for Q3 UK GDP. The Dec’24 Gilt contract is currently capped by resistance at 94.00 which coincides with Friday’s peak. The UK 10yr yield currently lingers just above Friday’s trough at 4.46%.
- Click for a detailed summary
COMMODITIES
- WTI and Brent are firmer in what has been a choppy session for the complex thus far, having initially swung between gains and losses since the cash open. Brent’Jan 25 resides towards the upper end of a USD 70.70-71.80/bbl range.
- Precious metals are on a firmer footing, having rallied overnight alongside strength in silver, but without a clear catalyst driving the upside. XAU currently holds towards the upper end of a USD 2,566-597/oz range.
- Base metals hold a positive bias, continuing the price action seen overnight, where the complex benefited from a generally positive risk sentiment in APAC trade overnight.
- US President Biden’s administration plans on releasing a study on LNG environmental impacts and hopes to finalise a clean fuel bill before the January 20th Inauguration Day, according to the White House.
- Goldman Sachs sees Brent crude trading USD 70-85/bbl but could climb on harsher Trump sanctions on Iran, while it reiterated its gold target of USD 3,000/oz by December 2025.
- Russia’s Ilsky oil refinery (300k bpd) has asked government for help, mainly over facility modernization and high interest rates.
- Click for a detailed summary
NOTABLE DATA RECAP
- UK Rightmove House Price Index MM (Nov) -1.4% (Prev. 0.3%); Rightmove House Price Index YY (Nov) 1.2% (Prev. 1.0%)
- EU Eurostat Trade NSA, Eur (Sep) 12.5B EU (Prev. 4.6B EU)
NOTABLE EUROPEAN HEADLINES
- ECB’s Nagel says global integration would have to decline substantially to prompt a notable increase in inflationary pressures. Proposed tariffs by US President-elect Trump would upend international trade but only have a “minor impact” on inflation.
- ECB’s de Guindos says balance of risks have shifted to growth from inflation.
- ECB’s Makhlouf does not think the job is done on taming inflation; services inflation is higher than he wants. Adds that he does not feel the need to rush, at the moment. Says ECB must think like a long-distance runner. Says prudence and caution have a premium to them, ECB should continue in that manner
- UK government confirmed the spread of bird flu in commercial poultry at premises near Rosudgeon, St. Ives, Cornwall, according to Reuters.
NOTABLE US HEADLINES
- Fed’s Barkin (2024 voter) said on Friday that he always expected core PCE would stay in the ‘high twos’ in H2 and is still seeing progress on inflation, while he added that pricing power is getting more limited, according to a Yahoo Finance interview. Furthermore, Barkin said he hopes and expects that inflation numbers will come down in Q1, as well as noted that they are a long way from knowing what will happen with tariffs and it is hard to know the impact.
- Fed’s Collins (2025 voter) said on Friday that there is not a moment where policy forward guidance is a good idea and Fed policy is well positioned for what lies ahead in the economy, while she added it is too soon to say the impact of the election on the economic policy and the Fed needs to see data before deciding on the December FOMC. Furthermore, Collins said they do not need the labour market to soften further and they are not seeing signs of fresh inflation pressures, while she added the data suggests more room to run on the balance sheet rundown, as well as noted that monetary policy is restrictive and will need to ease over time.
- Fed’s Goolsbee (2025 voter) said on Friday that he does not like tying the Fed’s hands and there is still more data to come when asked about a December rate cut or pause, while he added that markets react immediately and in most extreme terms. Goolsbee also said the Fed needs to focus on longer trends and he will be looking at rate cuts along the lines of the September Fed policymaker projections.
- US President-elect Trump picked Chris Wright to be Energy Secretary and named Commissioner Brendan Carr as the Chairman of the FCC. It was also reported that Trump is considering Kevin Warsh and Marc Rowan for US Treasury Secretary, according to NYT, while Trump was reportedly seeking a pledge that his Treasury Secretary will enact tough tariffs, according to FT.
GEOPOLITICS
MIDDLE EAST
- A Lebanese official says “We are open to the content of the draft US proposal and deal with it positively”, via Al Jazeera.
- Israel conducted a strike on Beirut which killed Hezbollah’s media relations chief Mohammad Afif, according to security sources cited by Reuters.
- Tens were killed in an Israeli strike on a residential building in northern Gaza’s Beit Lahiya, according to Reuters.
- Iranian Foreign Minister Araqchi said he strongly denies the reported meeting between Iran’s envoy and Elon Musk, while he added if the IAEA Board of Governors passes a resolution against Iran, Tehran will take reciprocal action and implement new measures in its nuclear program.
- Iran reportedly keeps the door open to talks with US President-elect Trump and its Deputy Foreign Minister noted that Tehran favours negotiations but will not yield to maximum pressure strategy, according to FT.
OTHER
- US President Biden’s administration lifted restrictions on Ukraine using US-made weapons to strike deep inside Russia, according to sources familiar with the decision cited by Reuters. NYT also reported that President Biden allowed Ukraine to strike Russia with long-range US missiles, while Ukrainian President Zelensky said missiles speak for themselves and such things are not announced regarding long-range strikes.
- Russia’s Kremlin on reported decision by Biden Administration to allow Ukraine to strike deep into Russia says these reports did not have official sources; if such a decision has been made by the US, this will usher in a new round of tensions. It would mean a new situation with the involvement of the US in the Ukraine conflict. If Western weapons are fired deep into Russia, this will not be Ukraine doing the targeting, but those countries which gave permission.
- US President Biden’s decision to allow Ukraine to use long-range missiles to hit the Russian depth was communicated to Kyiv about 3 days ago, while the motive behind the decision is to deter North Korea from sending more troops to Russia, according to a source cited by Axios.
- Russian upper house’s international affairs committee deputy head Dzhabarov said the decision to allow Ukraine to strike inside of Russia with US missiles is an unprecedented step that could lead to World War Three and will receive a swift response, according to TASS. Furthermore, it was also reported that a senior Russian senator said the US decision to allow Kyiv to strike Russia with long-range weapons represents escalation and could result in the Ukrainian statehood being in complete ruins by the morning.
- Ukrainian President Zelensky said Russia launched around 120 missiles and 90 drones in a massive combined air strike on Ukraine’s energy infrastructure early on Sunday morning, while Ukraine’s largest private power company said the Russian air strike damaged thermal power stations, according to Reuters. Furthermore, Russia’s Defence Ministry said Russian forces launched a massive strike on Ukraine’s critical energy infrastructure facilities that support the defence industry and military enterprises, according to RIA.
- Russian forces struck critical infrastructure in Ukraine’s Zaporizhzhia region and western Ukraine’s Rivne region, while Russia’s missile attack damaged energy infrastructure in Ukraine’s north-western Volyn region.
- Poland activated aircraft to ensure airspace security after Russia launched a missile attack on Ukraine.
- French President Macron said the massive Russian attack on Ukraine shows Russian President Putin does not want peace and they must continue helping Ukraine defend itself.
- Australia’s Defence Minister Marles said Japanese troops are to have regular deployment in Australia and focus on cooperation between Australian and US Marines.
- North Korean leader Kim urged the military to improve capabilities for fighting an actual war, while he added that threats by the US and allies brought tensions and calls for war preparations, according to KCNA.
- North Korea said Russia’s delegation led by the national resources minister arrived in North Korea, according to KCNA. It was separately reported that North Korea may end up sending 100k troops to Russian President Putin to support Russia’s war in Ukraine although it was also stated that the move is not imminent and troops could rotate in batches, according to Bloomberg.
CRYPTO
- Bitcoin holds just above USD 91k, after slipping below USD 90k in the prior day.
APAC TRADE
- APAC stocks began the week with a mildly positive following last Friday’s tech-led declines on Wall St which were triggered by hot US data and with quiet newsflow from over the weekend aside from Russian geopolitical-related headlines.
- ASX 200 was contained as losses in tech, healthcare and financials offset gains in utilities, commodities and consumer stocks.
- Nikkei 225 declined at the open after last Friday’s currency strength and with a surprise contraction in Machinery Orders, although was off today’s worst level with some mild support seen as the yen weakened following BoJ Governor Ueda’s comments.
- Hang Seng and Shanghai Comp traded higher amid a focus on recent earnings releases and after the PBoC continued its liquidity efforts, while Chinese President Xi said that China is ‘ready to work’ with Trump during a meeting with US President Biden.
NOTABLE ASIA-PAC HEADLINES
- RBA’s Kent says most borrowers have buffers to help manage higher interest rates; Worth reviewing the RBA’s approach to forward guidance from time to time; forward guidance in Australia might be less useful than in the US
- US President Biden told Chinese President Xi that keeping open lines of leader-to-leader communication is vital through transition and beyond, while they agreed that AI will not ever take control of nuclear weapons and Biden raised concerns about unfair, non-market economic practices by China and issues in the South China Sea.
- Chinese President Xi told US President Biden that China’s commitment to a stable, healthy and sustainable development of China-US relations remains unchanged and China is willing to maintain dialogue, expand cooperation and manage differences with the US government in an effort to realise a smooth transition period in China-US relations. Xi also told Biden that common interests between their countries are expanding rather than shrinking and that containing China is unwise, unacceptable and bound to fail. Furthermore, Xi said the China-US relationship would make considerable progress when the two countries treat each other as a partner and a friend and that he is ready to work with Donald Trump to manage ties.
- Chinese President Xi told US President Biden the Taiwan question, democracy and human rights, the system, and rights to development are China’s four red lines which allow no challenge, while Xi said the US should refrain from making any moves that have a chilling effect and told Biden to deal with the Taiwan issue with “extreme caution”, according to state media.
- China’s Commerce Minister met with the Canadian Minister for International Trade in Peru and discussed the tariff situation.
- China’s securities regulator said it is to improve the coordination mechanism for overseas listing supervision and regulation, while it will expand the scope of eligible stocks under the stock connect.
- China and the EU are said to have reached a “technical consensus” in talks regarding tariffs the bloc applied to Chinese electrical vehicles, according to a Weibo account affiliated with the state-run China Central Television cited by Automotive News.
- BoJ Governor Ueda said they will continue to raise the policy rate and adjust the degree of monetary support if the economy and prices move in line with their forecasts, while he also stated there is no change to BoJ’s stance to underpin economic activity and the timing of rate hike will depend on economic, price, and financial outlook. Ueda said they will make a policy decision by updating the economic and price outlook with data and information available at the time, while he noted that gradually adjusting the degree of monetary support will contribute to durably achieving the price target through sustained economic growth and they must be vigilant to various risks including overseas and market developments. Furthermore, Ueda said there are numerous factors they want to check including on US economy but won’t necessarily wait until there is clarity for all of them and if they don’t adjust the degree of monetary support appropriately, they could be forced to hike rates rapidly.
- Xiaomi (1810 HK) Q3 adj net income RMB 6.3bln (exp. 5.9bln); Q3 revenue RMB 92.51bln (exp. 90.28bln)
DATA RECAP
- Japanese Machinery Orders MM (Sep) -0.7% vs. Exp. 1.9% (Prev. -1.9%)
- Japanese Machinery Orders YY (Sep) -4.8% vs. Exp. 2.2% (Prev. -3.4%)
- Singapore Non-Oil Exports MM (Oct) -7.4% vs. Exp. 2.3% (Prev. 1.1%)
- Singapore Non-Oil Exports YY (Oct) -4.6% vs. Exp. 4.0% (Prev. 2.7%)
2C ASIAN REPORT
APAC stocks modestly firmer & FX markets contained, ECB President Lagarde ahead – Newsquawk Europe Market Open

Monday, Nov 18, 2024 – 01:16 AM
- APAC stocks began the week with a mildly positive following last Friday’s tech-led declines on Wall St.
- European equity futures are indicative of a marginally positive cash open with the Euro Stoxx 50 future +0.1% after the cash market closed lower by 0.8% on Friday.
- FX markets are broadly contained with DXY, EUR/USD and USD/JPY on 106, 1.05 and 154 handles respectively.
- US President Biden’s administration lifted restrictions on Ukraine using US-made long-range missiles to strike deep inside Russia.
- Looking ahead, highlights include ECB’s Lagarde, de Guindos, Lane & Fed’s Goolsbee.
SNAPSHOT

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US TRADE
EQUITIES
- US stocks were notably lower on Friday with selling seen throughout the session amid distinct underperformance in the tech-heavy Nasdaq 100 (-2.4%) owing to broad-based losses in mega-cap names and as the focus was on hot US data in which headline retail sales surpassed expectations and NY Fed Manufacturing surged above all analyst expectations. As such, there was a broad-based hawkish reaction seen with selling in US equity futures and Treasuries, while the dollar was bid and market pricing for a December Fed rate cut marginally eased.
- SPX -1.32% at 5,871, NDX -2.40% at 20,394, DJIA -0.70% at 43,445, RUT -1.42% at 2,304.
- Click here for a detailed summary.
NOTABLE HEADLINES
- Fed’s Barkin (2024 voter) said on Friday that he always expected core PCE would stay in the ‘high twos’ in H2 and is still seeing progress on inflation, while he added that pricing power is getting more limited, according to a Yahoo Finance interview. Furthermore, Barkin said he hopes and expects that inflation numbers will come down in Q1, as well as noted that they are a long way from knowing what will happen with tariffs and it is hard to know the impact.
- Fed’s Collins (2025 voter) said on Friday that there is not a moment where policy forward guidance is a good idea and Fed policy is well positioned for what lies ahead in the economy, while she added it is too soon to say the impact of the election on the economic policy and the Fed needs to see data before deciding on the December FOMC. Furthermore, Collins said they do not need the labour market to soften further and they are not seeing signs of fresh inflation pressures, while she added the data suggests more room to run on the balance sheet rundown, as well as noted that monetary policy is restrictive and will need to ease over time.
- Fed’s Goolsbee (2025 voter) said on Friday that he does not like tying the Fed’s hands and there is still more data to come when asked about a December rate cut or pause, while he added that markets react immediately and in most extreme terms. Goolsbee also said the Fed needs to focus on longer trends and he will be looking at rate cuts along the lines of the September Fed policymaker projections.
- US President-elect Trump picked Chris Wright to be Energy Secretary and named Commissioner Brendan Carr as the Chairman of the FCC. It was also reported that Trump is considering Kevin Warsh and Marc Rowan for US Treasury Secretary, according to NYT, while Trump was reportedly seeking a pledge that his Treasury Secretary will enact tough tariffs, according to FT.
APAC TRADE
EQUITIES
- APAC stocks began the week with a mildly positive following last Friday’s tech-led declines on Wall St which were triggered by hot US data and with quiet newsflow from over the weekend aside from Russian geopolitical-related headlines.
- ASX 200 was contained as losses in tech, healthcare and financials offset gains in utilities, commodities and consumer stocks.
- Nikkei 225 declined at the open after last Friday’s currency strength and with a surprise contraction in Machinery Orders, although was off today’s worst level with some mild support seen as the yen weakened following BoJ Governor Ueda’s comments.
- Hang Seng and Shanghai Comp traded higher amid a focus on recent earnings releases and after the PBoC continued its liquidity efforts, while Chinese President Xi said that China is ‘ready to work’ with Trump during a meeting with US President Biden.
- US equity futures (ES +0.2%, NQ +0.7%) nursed some of last week’s losses with the Emini Nasdaq 100 leading the rebound after Friday’s tech underperformance.
- European equity futures are indicative of a marginally positive cash open with the Euro Stoxx 50 future +0.1% after the cash market closed lower by 0.8% on Friday.
FX
- DXY was rangebound amid the lack of major fresh catalysts to spur price action and after comments last Friday from Fed officials provided little in the way of fresh insights including Collins who said the Fed needs to see data before deciding on the December FOMC, while Goolsbee responded that there is still more data to come when asked about a December rate cut or pause.
- EUR/USD traded little changed and was contained beneath the 1.0550 level amid light newsflow and a quiet calendar.
- GBP/USD attempted to regain some composure after slipping to fresh multi-month lows last Friday in the aftermath of the slower-than-expected UK economic growth in Q3 which dragged the pair to test the 1.2600 level where support held.
- USD/JPY saw two-way trade with early downside reversed after BoJ Governor Ueda continued to signal a lack of urgency to hike rates but reiterated they will continue to adjust monetary support if the economy and prices move in line with their forecasts, while he later warned they could be forced to hike rapidly if they don’t adjust the degree of monetary support appropriately.
- Antipodeans were mixed and lacked firm directions although AUD mildly outperformed its trans-Tasman counterpart amid cross-related flows after AUD/NZD rebounded from a floor just beneath the psychological 1.1000 level.
FIXED INCOME
- 10yr UST futures lacked demand after last week’s whipsawing and with quiet newsflow from the US aside from headlines regarding Trump-related nominations and comments from Fed officials on Friday.
- Bund futures traded quietly amid the absence of any major catalysts from Europe, while the German Buba Monthly Report and a 12-month German auction are scheduled later today.
- 10yr JGB futures were choppy after disappointing Japanese Machinery Orders data and reiterations from BoJ Governor Ueda who repeated the familiar line that the BoJ will continue to hike rates if the economy and prices continue to move towards its target but also continued to suggest a lack of urgency for immediate hikes with money markets pricing nearly a coin flip between a hike and a pause at the next meeting in December.
COMMODITIES
- Crude futures nursed some losses after last Friday’s selling pressure although price action was rangebound amid light oil-specific newsflow and the lack of geopolitical escalation in the Middle East during the weekend.
- US President Biden’s administration plans on releasing a study on LNG environmental impacts and hopes to finalise a clean fuel bill before the January 20th Inauguration Day, according to the White House.
- Goldman Sachs sees Brent crude trading USD 70-85/bbl but could climb on harsher Trump sanctions on Iran, while it reiterated its gold target of USD 3,000/oz by December 2025.
- Spot gold rallied in tandem with the advances in silver despite the absence of any obvious catalysts but coincided with the opening of Shanghai commodities trading, although gold is off intraday highs after stalling just shy of the USD 2,600/oz level.
- Copper futures eked mild gains with prices helped by the mostly positive risk sentiment.
CRYPTO
- Bitcoin climbed overnight and returned to above the USD 90,000 level.
NOTABLE ASIA-PAC HEADLINES
- US President Biden told Chinese President Xi that keeping open lines of leader-to-leader communication is vital through transition and beyond, while they agreed that AI will not ever take control of nuclear weapons and Biden raised concerns about unfair, non-market economic practices by China and issues in the South China Sea.
- Chinese President Xi told US President Biden that China’s commitment to a stable, healthy and sustainable development of China-US relations remains unchanged and China is willing to maintain dialogue, expand cooperation and manage differences with the US government in an effort to realise a smooth transition period in China-US relations. Xi also told Biden that common interests between their countries are expanding rather than shrinking and that containing China is unwise, unacceptable and bound to fail. Furthermore, Xi said the China-US relationship would make considerable progress when the two countries treat each other as a partner and a friend and that he is ready to work with Donald Trump to manage ties.
- Chinese President Xi told US President Biden the Taiwan question, democracy and human rights, the system, and rights to development are China’s four red lines which allow no challenge, while Xi said the US should refrain from making any moves that have a chilling effect and told Biden to deal with the Taiwan issue with “extreme caution”, according to state media.
- China’s Commerce Minister met with the Canadian Minister for International Trade in Peru and discussed the tariff situation.
- China’s securities regulator said it is to improve the coordination mechanism for overseas listing supervision and regulation, while it will expand the scope of eligible stocks under the stock connect.
- China and the EU are said to have reached a “technical consensus” in talks regarding tariffs the bloc applied to Chinese electrical vehicles, according to a Weibo account affiliated with the state-run China Central Television cited by Automotive News.
- BoJ Governor Ueda said they will continue to raise the policy rate and adjust the degree of monetary support if the economy and prices move in line with their forecasts, while he also stated there is no change to BoJ’s stance to underpin economic activity and the timing of rate hike will depend on economic, price, and financial outlook. Ueda said they will make a policy decision by updating the economic and price outlook with data and information available at the time, while he noted that gradually adjusting the degree of monetary support will contribute to durably achieving the price target through sustained economic growth and they must be vigilant to various risks including overseas and market developments. Furthermore, Ueda said there are numerous factors they want to check including on US economy but won’t necessarily wait until there is clarity for all of them and if they don’t adjust the degree of monetary support appropriately, they could be forced to hike rates rapidly.
DATA RECAP
- Japanese Machinery Orders MM (Sep) -0.7% vs. Exp. 1.9% (Prev. -1.9%)
- Japanese Machinery Orders YY (Sep) -4.8% vs. Exp. 2.2% (Prev. -3.4%)
- Singapore Non-Oil Exports MM (Oct) -7.4% vs. Exp. 2.3% (Prev. 1.1%)
- Singapore Non-Oil Exports YY (Oct) -4.6% vs. Exp. 4.0% (Prev. 2.7%)
GEOPOLITICS
MIDDLE EAST
- Israel conducted a strike on Beirut which killed Hezbollah’s media relations chief Mohammad Afif, according to security sources cited by Reuters.
- Tens were killed in an Israeli strike on a residential building in northern Gaza’s Beit Lahiya, according to Reuters.
- Iranian Foreign Minister Araqchi said he strongly denies the reported meeting between Iran’s envoy and Elon Musk, while he added if the IAEA Board of Governors passes a resolution against Iran, Tehran will take reciprocal action and implement new measures in its nuclear program.
- Iran reportedly keeps the door open to talks with US President-elect Trump and its Deputy Foreign Minister noted that Tehran favours negotiations but will not yield to maximum pressure strategy, according to FT.
OTHER
- US President Biden’s administration lifted restrictions on Ukraine using US-made weapons to strike deep inside Russia, according to sources familiar with the decision cited by Reuters. NYT also reported that President Biden allowed Ukraine to strike Russia with long-range US missiles, while Ukrainian President Zelensky said missiles speak for themselves and such things are not announced regarding long-range strikes.
- US President Biden’s decision to allow Ukraine to use long-range missiles to hit the Russian depth was communicated to Kyiv about 3 days ago, while the motive behind the decision is to deter North Korea from sending more troops to Russia, according to a source cited by Axios.
- Russian upper house’s international affairs committee deputy head Dzhabarov said the decision to allow Ukraine to strike inside of Russia with US missiles is an unprecedented step that could lead to World War Three and will receive a swift response, according to TASS. Furthermore, it was also reported that a senior Russian senator said the US decision to allow Kyiv to strike Russia with long-range weapons represents escalation and could result in the Ukrainian statehood being in complete ruins by the morning.
- Ukrainian President Zelensky said Russia launched around 120 missiles and 90 drones in a massive combined air strike on Ukraine’s energy infrastructure early on Sunday morning, while Ukraine’s largest private power company said the Russian air strike damaged thermal power stations, according to Reuters. Furthermore, Russia’s Defence Ministry said Russian forces launched a massive strike on Ukraine’s critical energy infrastructure facilities that support the defence industry and military enterprises, according to RIA.
- Russian forces struck critical infrastructure in Ukraine’s Zaporizhzhia region and western Ukraine’s Rivne region, while Russia’s missile attack damaged energy infrastructure in Ukraine’s north-western Volyn region.
- Poland activated aircraft to ensure airspace security after Russia launched a missile attack on Ukraine.
- French President Macron said the massive Russian attack on Ukraine shows Russian President Putin does not want peace and they must continue helping Ukraine defend itself.
- Australia’s Defence Minister Marles said Japanese troops are to have regular deployment in Australia and focus on cooperation between Australian and US Marines.
- North Korean leader Kim urged the military to improve capabilities for fighting an actual war, while he added that threats by the US and allies brought tensions and calls for war preparations, according to KCNA.
- North Korea said Russia’s delegation led by the national resources minister arrived in North Korea, according to KCNA. It was separately reported that North Korea may end up sending 100k troops to Russian President Putin to support Russia’s war in Ukraine although it was also stated that the move is not imminent and troops could rotate in batches, according to Bloomberg.
EU/UK
NOTABLE HEADLINES
- UK government confirmed the spread of bird flu in commercial poultry at premises near Rosudgeon, St. Ives, Cornwall, according to Reuters.
DATA RECAP
- UK Rightmove House Price Index MM (Nov) -1.4% (Prev. 0.3%)
- UK Rightmove House Price Index YY (Nov) 1.2% (Prev. 1.0%)
3B NORTH KOREA/SOUTH KOREA
NORTH KOREA/RUSSIA/UKRAINE
END
3C JAPAN
3D. CHINA/TAIWAN/INDO PACIFIC
CHINA
Hedge Fund CIO: “China’s Xi Watches In Cold Sweat As Trump Is Announcing His New Team”
Monday, Nov 18, 2024 – 07:45 AM
By Eric Peters, CIO of One River Asset Management
“This is quite a blue town,” said the CIO in DC. I had asked him about the post-election vibe. “Most of the city is kind of mourning, and a narrower group is euphoric.” We were discussing the profound change that has already begun to unfold post-election. The range of unorthodox and anti-establishment presidential appointments, the many possible consequences, economic, military, geopolitical. DOGE. “So, I worked in government for quite a few years,” he said. “And let me tell you, 30% of the people do 100% of the work.”
* * *
“China is ready to work with the new US administration to maintain communication, expand cooperation and manage differences, so as to strive for a steady transition of the China-US relationship for the benefit of the two peoples,” said Xi Jinping yesterday, meeting with Biden in Peru.
China’s stock market had fallen 1.2% priced in dollars since November 4th,the day before America’s election. The S&P 500 had gained 2.8% in that time. The Euro Stoxx 50 index was -4.3% when priced in dollars, the economic chasm widening, inexorably. The UK stock market and the MSCI Emerging index both fell 4%.
“If we treat each other as an adversary or an enemy, viciously compete with and harm each other, the Sino-US relations will encounter twists and turns or even regression,” warned Xi, his economy struggling, its real estate crisis and debt burden suffocating the kind of growth he needs to maintain social cohesion. And beneath it all, China’s inescapable demographic collapse ground onward, such things are mathematically impossible to reverse.
Xi had watched in a cold sweat as America’s president-elect announced his new team, China hawks, trade hawks, anti-establishment players, people committed to challenging orthodoxy in every area of government; appointments unlike anything seen in modern American history.
And the policy platform for the world’s largest economy appeared to be designed to fuel a domestic boom, which if achieved would put further distance between the US, China, Europe, in fact every serious nation. This increasingly evident contrast would spark further unrest amongst the citizens in these same nations whose leaders were failing them in so many ways.
“China’s goal of a stable, healthy and sustainable China-US relationship remains unchanged,” declared Xi, outwardly calm, statesmanlike, but inside praying that somehow, someway, this would be the time that America’s remarkable and chaotic propensity for producing prosperity, revolution within, reinvention, would finally fail.
4.EUROPEAN AFFAIRS//UK /SCANDINAVIAN AFFAIRS
France
END
GERMANY
The world is in trouble: you call a politician “an idiot” and you get arrested?
I think i may be in trouble!
(zerohedge)
Germany: Police Raid Pensioner’s House, Drag Him To Court After He Retweets Meme Calling Green Minister “Idiot”
Saturday, Nov 16, 2024 – 07:00 AM
By Remix News
After a 64-year-old pensioner retweeted a meme of Green Economy Minister Robert Habeck, in which Habeck was described as an “idiot,” Bavarian police raided the man’s house and arrested him. The crime has even been recorded as a “politically motivated right-wing crime.”

The man is accused of distributing a photo of Habeck via retweet, where Habeck is described as an “idiot.” The Bamberg prosecutor’s office indicates that this constitutes a federal criminal offense of “hatred.”
“At a time that cannot currently be specified in more detail in the days or weeks before June 20, 2024, the accused published an image file using the account that shows a portrait of Federal Minister of Economics Robert Habeck with the title ‘Schwachkopf PROFESSIONAL’, based on the advertising campaign of the Schwarzkopf company, in order to generally defame Robert Habeck and to make it more difficult for him to work as a member of the federal government,” read the prosecutor’s statement.
Schwachkopf generally means “idiot,” in German.
The rival Alternative for Germany (AfD) party has reposted the meme on X, writing in a statement:
“While Habeck presents himself as a ‘people-friendly’ candidate for chancellor, his critics are being relentlessly pursued. They do not shy away from conducting house searches on sleeping families just because the father of the family shared this Schwachkopf graphic. This is what would happen to Germany under a Chancellor Habeck: the complete restriction of freedom of expression by a children’s book author who displayed maximum incompetence for three and a half years, but still feels called to greater things,” wrote the AfD.

The person who was arrested told the NIUS news outlet that he could never have imagined “that it would come to this.” This has “definitely GDR flavor,” he said, referring to communist East Germany and its Stasi police force.
Nius also reports that “criminal police officers were deployed across Germany on Tuesday for the day of action against hate postings, warning social media users their homes would be searched and electronic devices confiscated. In over 90 investigations, more than 50 homes were searched, and there were 127 police actions in total.”
“When the police are at the door, every perpetrator realizes that hate crimes have consequences,” Interior Minister Faeser wrote on X.
Those who criticize the Green party in Bavaria have faced prosecution before. A businessman, Michael Much, put up posters mocking members of the federal government, including Habeck and then Green party leader Ricarda Lang. He also had his house searched and the posters confiscated. The prosecutor was defeated in court, which determined the posters were a legitimate form of freedom of expression.
Notably, last week, X owner Elon Musk called German Chancellor Olaf Scholz a “fool,” on his platform. In response, the federal government reacted that “on X, you have Narrenfreiheit.” The term refers to freedom to mock the king, typically reserved for a jester.
Scholz himself responded that it was “not very friendly,” saying that web companies are “not organs of state, so I did not even pay it any attention.”
Apparently, for those lower on the food chain, such insults result in a massive police raid. The man’s phones were seized and all his rooms were searched.
Users have been acting with incredulity on social media, with one writing: “First election campaign posters leaked,” which showed police breaking down a door.
END
GERMANY
This will be the end of democracy! Although I dislike many aspects of the Afd party they should not be banned as this is freedom of speach
(zerohedge)
The End Of Democracy? Vote To Ban AfD Party Will Occur Before German Snap Elections
Monday, Nov 18, 2024 – 03:30 AM
A motion to ban the Alternative for Germany (AfD) party, signed by 112 MPs, has been handed to Bundestag President Bärbel Bas of the far-left Social Democrats (SPD), according to reports from German state media ARD and ZDF.

If the motion passes, the Bundestag will initial proceedings that will head to the top court of Germany, the Constitutional Court, to determine whether the AfD can be banned. There are 733 seats in the Bundestag. The motion only needs a simple majority to pass.
The AfD is the second most popular party in the country, and it is increasingly so popular that it is making it very difficult for the ruling parties to form coalitions without it. As it grows, the establishment parties are rallying together to remove this rival from the democratic process. Many of the top proponents of a ban, such as CDU MP Marco Wanderwitz — who lost his local election to an AfD politician — operate under the motto that they are “saving democracy.”
The MPs who back the motion come from a variety of different party factions. Till Steffen, the parliamentary leader of the Greens group, said that 50 members of the Greens signed on to the motion to ban the party.
Most of the German establishment is working towards a ban, but there is disagreement about the pace and timing of such a ban. Some are also worried that the ban will backfire and make the AfD more popular than ever. For one, a ban could take years, and second, the country’s top court may reject the ban, which would be a catastrophic outcome for the German establishment. It should be noted that the country’s top court usually issues rulings friendly to the establishment.
Some Green MPs are against a ban, at least for now.
Green MP Renate Künast submitted a counter motion that states that a ban must be thoroughly legally examined first, including commissioning experts to “assess the chances of success of a ban.”
Wanderwitz (CDU), however, wants an AfD ban now, stating, “It has to happen quickly” due to upcoming elections.
One key legal plank on any potential ban is the AfD’s designation from the Office of the Protection of the Constitution, which is currently led by Thomas Haldenwang. It was expected that the BfV would reclassify the AfD this year with the more damaging designation of a “confirmed threat” to the constitution. However, this designation will have to wait due to upcoming elections, as it would be a violation of the “equal opportunity” close so close to the election date.
The fiercely anti-AfD Haldenwang is stepping down from his position at the BfV to run for an MP position in upcoming elections.
Snap elections are now expected in January.
END
GERMANY/RUSSIA/UKRAINE
This is extremely important: Putin is reaching out to Germany to use the part of of NordStream not blown up by USA. German economy is faltering badly…….what are they waiting for?
(Korybko)
Everyone Missed The Most Important Part Of The First Putin-Scholz Call In Two Years
Monday, Nov 18, 2024 – 02:00 AM
Authored by Andrew Korybko via substack,
Putin made a pass at Schulz by suggesting that the last undamaged part of the Nord Stream pipelines could be swiftly put back to use if Germany helps Russia in Ukraine by rejecting Trump’s reported plans to “escalate to de-escalate”.

The first Putin-Scholz call in two years diplomatically “opened Pandora’s Box” according to Zelensky and “broke ice with the West” in the New York Times’ (NYT) words, both of which are accurate assessments, but they and almost everyone else missed the most important part.
Putin told Scholz that “Russia had always honoured its commitments under various treaties and contracts in the energy sector and was still willing to promote mutually beneficial cooperation, if the German side showed interest in it.”
This follows the Russian leader saying during a news conference after last month’s BRICS Summit that “there is still a functional pipeline in the Baltic Sea – it is part of the Nord Stream 2 pipeline. All the German authorities have to do is just press a button to resume supplies. But they are not doing this for political reasons.” By telling Scholz what he did, Putin is very strongly implying that this last undamaged part of that energy megaproject could swiftly be put back to use if Germany helps Russia in Ukraine.
Euronews reported in early October that “Germany’s economic woes are continuing, with the country now facing the spectre of closing 2024 in recession”, which all objective observers know is the direct result of Germany abandoning its decades-long policy of importing cheap energy from Russia. It now purchases much more expensive LNG from the US, which in turn raises costs across the board, thus hamstringing its economic competitiveness that was responsible for prior eras of growth.
Germany is also Ukraine’s second–largest aid donor behind the US, though Poland gave more heavy arms than they did according to a recent report on its presidency’s official website, and it’s expected to play a pivotal role in Ukraine’s reconstruction given that it’s the EU’s largest economy. Moreover, these three analyses here, here, and here argue that Germany now has more influence over Ukraine than Poland and anyone else but the US and possibly also the UK, hence its importance to Russia in this context.
Seeing as how Trump is expected to “escalate to de-escalate” in order to end the proxy war on better terms for the US, which was explained here while the obstacles thereof were listed here, Putin must convince Scholz to impede these plans and propose reviving spring 2022’s draft treaty instead. To that end, he made a pass at him during their latest call by strongly implying that the last undamaged part of the Nord Stream pipelines could help Germany avert its impending recession if he agrees to these terms.
The US would lose part of the lucrative LNG market that it poached from Russia after September 2022’s terrorist attack against that energy megaproject, but Germany could still go behind its back since “All the German authorities have to do is just press a button to resume supplies” like Putin said. If Germany unilaterally scaled back its promised military and financial aid for Ukraine as the quid pro quo, other European countries would likely follow, thus leading to a chain reaction of strategic consequences.
Trump would be much less likely to “escalate to de-escalate”, and the chances of him successfully doing so would plummet if Western Europe followed Germany’s lead and signaled before mid-January that they wouldn’t be on board with this, which could lead to ending the conflict on better terms for Russia. As a consolation to the US, they might still go through with the “military Schengen” plan for facilitating the movement of troops and equipment eastward, but that’s an trade-off that Russia could accept.
“The Clock Is Ticking For Russia To Achieve Its Maximum Goals In The Ukrainian Conflict” before Trump might “escalate to de-escalate”, hence the urgency with which Putin made his pass at Scholz, which could either delay Trump’s plans till Russia achieves more of its goals or outright derail his plans in toto. Zelensky and the NYT were right in respectively assessing that their call diplomatically “opens Pandora’s Box” and “breaks ice with the West”, but even they underestimated just how pivotal it might possibly be.
To be sure, Scholz might ultimately reject Putin’s pass, whether because he’s too afraid to go behind the US’ back or because Trump threatens him in ways that force him to reconsider this scenario. Nevertheless, the very fact that the first Putin-Scholz call in two years happened and the Russian leader pitched his implied quid pro quo are extremely important since they show that he’s actively employing creative diplomacy with top Western leaders, which was unthinkable prior to Trump’s electoral victory.
end
HOLLAND
what an idiot!! as Muslims continue to storm Amsterdam. This will surely hurt with vacation industry
(JerusalemPost)
‘Amsterdam riots were not pogrom,’ mayor says, defending Muslim population
Femka Halsema accused the Israeli government and Dutch politicians of using the term ‘pogrom’ as propaganda to attack the Muslim community.
By YUVAL BARNEANOVEMBER 18, 2024 15:36Updated: NOVEMBER 18, 2024 18:26
Amsterdam Mayor Femka Halsema said she regretted calling the riots in Amsterdam a “pogrom” because this was being used to discriminate against the Moroccan-Muslim population of the city, Dutch media reported on Monday.
The riots that erupted following an Ajax-Maccabi Tel Aviv game led to mass violence throughout the city. Large groups attacked people they suspected were Jewish or Israeli, often demanding to see their identification to confirm their ethnicity.
In an interview with Dutch state media NOS, Halsema said that she would not use the term “pogrom” to describe the events again and that it was wrong to do so initially.
At first, she said at the press conference immediately following the riots that “young men on scooters crisscrossed the city looking for Israeli football fans. It was a ‘hit-and-run.’ I fully understand that this brings back memories of pogroms.”
She backtracked on these comments, saying she did not want to make a direct comparison with pogroms and that she was merely trying to empathize with Jewish Amsterdammers.
However, Halsema said during a debate in the city council last Tuesday, before the most recent interview, that she still fully supported the use of the term “pogrom.” She admitted that the city’s municipality, police, and Public Prosecution Service had not succeeded in keeping the city safe.
During the same session, members of the conservative VVD called for a vote of no confidence in her despite the futility of such a vote, as Halsema’s governing coalition (consisting of Left, Green, and Liberal parties) held a clear majority (24-45).
‘Pogrom’ was Israeli propaganda
She accused the Israeli government and Dutch national politicians of using the term as propaganda to attack the Muslim community in Amsterdam.
“If I had known that it would be used politically in this way, and also as propaganda… I want nothing to do with that,” Halsema said.
“The Israeli government spoke of a ‘Palestinian pogrom on the streets of Amsterdam,’ and in The Hague, the words were used to discriminate against Moroccan Amsterdammers – Muslims. That is not what I meant or what I wanted.”
THE HAGUE, the home of the Dutch parliament, saw fierce debates over the riots, leading Geert Wilders, the head of the largest far Right party in the country, PVV, to call for all those involved to be deported and have their citizenship revoked.
Previously, Wilders’ views led to him being excluded from mainstream politics until his victory in the 2023 Dutch elections.
Halsema said she received no prior indications from security services that things would get so out of hand, according to NOS. However, De Telegraaf had reported on November 5 that Mossad agents were being sent along with Maccabi Tel Aviv.
De Telegraaf later reported that police initially believed that the rioters were looking for a group confrontation, and only after the event had begun did they realize the purpose was to assault individual Israelis.
Amsterdam police are currently looking at 45 people on suspicion of “serious violent crimes” committed on the night of the riots, according to NU.nl.
Police will be periodically releasing images of the suspects so that the public can help identify them.
Nine of the 45 have been identified and arrested and remain in custody as of November 17.
Summary of the events of the riot
NU.nl summarized the events of the riots. The day before the match, aggressive and threatening messages were sent to supporters traveling with the team.
That evening, Maccabi fans tore down a Palestinian flag and vandalized a taxi, apparently leading to a confrontation, which Amsterdam police defused.
In the lead-up to the match, more calls for action against Maccabi fans were sent. Following the match, Israelis in the city center were “attacked, abused, and pelted with fireworks.”
Police said these actions were “antisemitic by character.”
Group chats had called for a “Jew-hunt,” and people were attacked for their nationality as well as for enjoying the nightlife.
Maccabi fans were seen with belts, planks, and iron pipes attacking passers-by.
In the following days, riots persisted in Amsterdam despite the evacuation of Israelis from the city.
end
ITALY
Italy gets it. Hamas official banned from Milan
(JerusalemPost)
Hamas official banished from Milan
Mohammad Hannoun, designated recently by the US for transferring millions to Hamas through his ‘sham charity’ organization ABSPP, was banished by the city police on grounds of incitement to violence.
By OHAD MERLINNOVEMBER 18, 2024 16:47Updated: NOVEMBER 18, 2024 17:3
Authorities in the City of Milano issued an expulsion order against Mohammad Hannoun, a designated Hamas official blacklisted by the US and Israel. The banning order was issued following comments he made during a pro-Palestinian protest, in which he called to applaud the “youth in Amsterdam” for “teaching (Israelis) a lesson,” referring to the violent pogrom carried out against Israelis and Jews in the streets of the Dutch capital on November 7th.
The local police explained the unusual measure by issuing an official statement, which noted that Hannoun “had intervened by publicly approving and promoting the violent conduct of the young Dutch fans who, during the Europa League football match between Ajax and Maccabi Tel Aviv, played two days earlier in Amsterdam, had physically attacked the Israeli fans.”
It is unclear whether the decision is final or still appealable and how exactly the police would enforce this decision.
Who is Mohammad Hannoun
Marking a year since the October 7 atrocities, 62-year-old Jordanian-born Hannoun, who resides in Genoa, was designated by the US as a Hamas official operating in Italy while transferring millions of dollars to the terror organization in Gaza through a sham charity organization innocently named “The Charitable Association for Solidarity with the Palestinian People” (ABSPP). Hannoun was designated by Israel as a Hamas official in Europe as early as 2013 for the same reasons.
Following the American designation, Hannoun denied the accusations and was recently quoted as saying, “We are fighting with the banks, which are under the orders of the Americans when they know that I am on the ‘black list,’ they back down… now, even my bank wants to close my personal account.”
Hannoun maintained that he is a “good person” who is “against violence,” despite the openly violence-lauding remarks he made regarding the Amsterdam pogrom. In another interview he gave following his banishment from the Lombard capital, Hannoun slammed the “corrupt journalists, bastards, and sons of b…..” who he accused of taking parts of his speech and presenting an inauthentic picture of himself.
A report by the European Leadership Network (ELNET) launched last month also mentioned Hannoun as an integral part of Hamas’s European network. The report highlighted Hannoun’s extensive relations with Hamas leaders and his open endorsement of Hamas’s ideology, as well as his leading roles in other Hamas-affiliated organizations such as the European Palestinian Conference.
Hannoun is also the president of the Association of Palestinians in Italy (API), which, according to the ELNET report, is a de-facto clone entity of ABSPP based on the many characteristics the two share, including addresses, Facebook pages, and leadership under Hannoun.
More Hamas ties to the Amsterdam pogrom
As mentioned earlier, Hannoun was banished by the city not because of his ties to Hamas, but rather due to his remarks glorifying the violence in Amsterdam, which were labeled by local authorities in Milano as “incitement to hatred and violence”.
On November 10, The Jerusalem Post published an article featuring an expose led by the Network Contagion Research Institute (NCRI), which tied the Amsterdam pogrom to yet another organization starring in the Hamas-affiliated network in Europe, named the Palestinian Community in the Netherlands (PGNL). According to the expose, PGNL owned several Whatsapp groups and Telegram channels, which helped coordinate actions against Israel throughout the Netherlands.
PGNL was led for years by Amin Abou Rashed, another Hamas operative designated by Israel and arrested by the Netherlands, reportedly for the transfer of funds to Hamas through a series of sham charities. PGNL’s current leader, Ayman Nejmeh, was also an UNRWA teacher in his past.
Pro-Israel group: ‘There’s a lot more work to do’
Speaking to the Jerusalem Post, Alessandro Bertoldi, president of the Italian Alliance for Israel, commented:
“We welcome the news of the expulsion of Mohammad Hannoun, President of the Palestinian community in Italy. For over a decade, Hannoun has been a prominent fundraiser for Hamas, a terrorist organization internationally recognized for its violent actions. He has consistently spread antisemitic hatred across Italy, fostering an environment of division and hostility. Moreover, Hannoun has been a driving force behind numerous protests and disruptions throughout the country, orchestrating activities that have sown discord and threatened public order.
“This expulsion is a significant victory in the ongoing battle against individuals connected to terrorist organizations. However, the fight does not end here, and Hannoun will surely continue to operate in Italy through his organizations and his network of associates.
“It is imperative to continue dismantling the networks of terror propagated by organizations like Hamas and their allies, including the Muslim Brotherhood, which frequently acts as a supporter and enabler of such groups. Their ideological and logistical support poses a grave threat not only to Jewish communities but to the fabric of democratic societies across Europe.
“Countering fundamentalism and antisemitism is not merely a matter of national security but a moral imperative to safeguard the principles of freedom, coexistence, and mutual respect.”
end
UK
Swastika sent to Jewish students, labelled non-hate crime by UK police
The Cambridgeshire police deemed the act not offensive enough to be a crime and labeled it a non-crime hate incident (NCHI).
By JERUSALEM POST STAFFNOVEMBER 18, 2024 08:03
Police in Cambridgeshire, United Kingdom, refused to arrest a man who sent Nazi swastikas to Jewish students, the Telegraph reported on Saturday.
The suspect sent an image of the Star of David mixed with the Nazi swastika on social media to the Union of Jewish Students with the caption “The irony of becoming what you once hated.”
The offender wrote there was “nothing endangering Jewish students” and claimed that the UJS was “exploiting them to push pro-genocide propaganda and deflect Israel’s responsibility for murdering 40,000 civilians”.
Still, the Cambridgeshire police force deemed the antisemitic act not offensive enough to be a crime.
The Telegraph reported that the incident was labeled as a non-crime hate incident (NCHI).
According to Alex Hearn, co-director of Labour Against Anti-Semitism, this isn’t the first antisemitic incident against the UJS that was reported to the Cambridgeshire police. In October, a man used X/Twitter to send offensive messages to him and the Jewish students.
Similarly, this incident was labeled as non-criminal. An officer’s emailed response read that according to UK law, a digital message had to be “grossly offensive … a very high legal threshold to pass.”
Hearn responded, saying, “I fail to see how posting the image of race-hate swastika at Jews is not grossly offensive, particularly when the Met Police are arresting people for holding exactly that image,” the Telegraph quoted.
UK antisemitism
In April, a protester carrying a swastika sign was arrested at a Pro-Palestinian march in London on Saturday, but the outrage was sparked by a video in which a Metropolitan Police officer told a pro-Israel counter-protester that that the swastika sign had to be taken in context.
The officer claimed he wasn’t sure how “everybody would feel about that sign.”
S
In October, antisemitic words and signs were found written in the sand of Hendon Golf Club in North London, which has a significant Jewish population.
Additionally, on the anniversary of the October 7 massacre, tens of thousands of pro-Palestine protesters marched through London holding banners expressing support for Hezbollah and Hamas, as well as several signs depicting the star in the Israeli flag replaced with a Nazi swastika.
During the protest, officers made 17 arrests, according to the Met, including one person on suspicion of supporting a proscribed organization.
“The law is very clear – anyone displaying symbols, wording or otherwise indicating their support for a proscribed organization risks arrest,” the Metropolitan Police wrote.
FINLAND/GERMANY
NordStream iii?
(zerohedge)
“Fault” Strikes Undersea Fiber Cable In Baltic Sea Connecting Finland & Germany
Monday, Nov 18, 2024 – 09:20 AM
Finnish networking company Cinia reports that its submarine communications cable, “C-Lion1,” which connects Finland and Germany and provides a direct, high-capacity data link between Northern and Central Europe, has encountered a “fault.”
“A fault has been detected in the Cinia C-Lion1 submarine cable between Finland and Germany on 18 November, 2024. Due to the fault, the services provided over the C-Lion1 cable are down. The cause of the fault is being investigated. More information of the situation will be updated on Tuesday 19 November, 2024,” Cinia wrote in a statement on its website.

C-Lion1 is an undersea fiber cable between Rostock, Germany, and Helsinki, Finland, connecting businesses in central Europe with data centers in northern Europe. It was constructed in early 2016 and has a total capacity of 144 terabits per second, facilitating low latency and secure data transmission.
Cinia did not provide further details about the cause of the fault on C-Lion1 or if there were any disruptions in data communications.
One X user speculated, “Potential cause of C-lion1 cable break The crude oil tanker Magic Lady on its way from St. Petersburg to Dakar, which behaved strangely 2024-11-18 10:23:17 UTC in the Baltic Sea.”
A little more than two years ago, in a similar area of the Baltic Sea, Russia’s Nord Stream undersea pipeline feeding Germany NatGas exploded. Russia’s Foreign Minister Sergei Lavrov has stated that the US ordered the attack on the vital pipeline.
*Developing…
Baltic Undersea Data Cable ‘Disruption’ May Take Two Weeks To Repair
Monday, Nov 18, 2024 – 01:52 PM
Update (1352ET):
Finnish networking company Cinia sheds more color on the mysterious “fault” detected in the Cinia C-Lion1 submarine cable between Finland and Germany:
A fault has been detected in the Cinia Oy C-Lion1 submarine cable between Finland and Germany and corrective measures have been initiated.
A fault has been detected in the Cinia Oy C-Lion1 submarine cable between Finland and Germany early after 4 a.m. on Monday 18th November, 2024. Due to the fault, the services provided over the C-Lion1 are down.
The details of the fault are yet not known and are currently being investigated. Corrective measures have been initiated and the repair vessel is getting ready to go on the site. The exact repair time is not yet known, but typically the repair time for submarine cables is between 5 and 15 days.
Finland’s international telecommunication connections are routed via multiple routes and the impact of a single cable failure depends on the resilience of the service providers’ connections.
Some X users have pointed to a crude tanker as a potential suspect in the undersea cable disruption.
END
5 RUSSIAN AND MIDDLE EASTERN AFFAIRS
END
end
ISRAEL/HEZBOLLAH/
IDF destroys Hezbollah weapons cache, uncovers rocket launchers in Lebanon raids
During the raids, the 7th Armored Brigade discovered an underground weapons storage facility containing crates of explosives, ammunition, and grenades.
By JERUSALEM POST STAFFNOVEMBER 16, 2024 16:02Updated: NOVEMBER 16, 2024 16:08
https://player.jpost.com/public/player.html?player=jpost&media=3800089&url=https://www.jpost.com/israel-news/article-829370Soldiers from the IDF’s Commando Brigade operate in southern Lebanon, November 16, 2024. (IDF SPOKESPERSON’S UNIT)
The Commando Brigade of the 91st Division has conducted precise, small-scale raids in southern Lebanon, targeting areas linked to recent rocket fire on Israeli communities, the IDF reported on Saturday midday.
These operations, carried out in challenging terrain, involved airstrikes, tank fire, and specialized equipment to eliminate Hezbollah infrastructure and destroy weapon systems.
During the raids, the 7th Armored Brigade discovered an underground weapons storage facility containing crates of explosives, ammunition, and grenades.
The entire cache was destroyed using controlled explosives. Additionally, the IDF reported it seized a truck equipped with a mobile rocket launcher aimed at Israeli areas.
IDF located over 25 crates of rockets
Further searches by the Commando Brigade uncovered significant Hezbollah military assets, including anti-tank missiles, mortar shells, and combat vests.
Over 25 crates of new rockets, prepared for immediate launch according to the IDF, were also found. All discovered weapons and infrastructure were either seized or destroyed, further disrupting Hezbollah’s offensive capabilities in the region.
END
END
ISRAEL/ HEZBOLLAH/SATURDAY MORNING
TIMES OF ISRAEL
IDF says 20 Hezbollah targets in southern Beirut struck this weekend
By Emanuel Fabian FollowToday, 6:52 pm
Smoke rises after an Israeli airstrike on Dahiyeh, in the southern suburb of Beirut, Lebanon, November 16, 2024. (AP Photo/Bilal Hussein)
Over the weekend, the Israeli Air Force struck some 20 Hezbollah targets in the southern suburbs of Beirut in eight separate waves, according to the IDF.
In southern Lebanon, the military says the IAF struck dozens of Hezbollah targets as part of support for ground troops, along with 12 rocket launchers primed for attacks on Israel. In Tyre, 10 Hezbollah targets were struck by fighter jets, the IDF says.
Additionally, 12 out of 13 drones launched at Israel over the weekend were intercepted by air defenses, the military adds.
END
//ISRAEL/SUNDAY
Israel at war: What happened on day 406?
Tyre areas in waves of attacks across Lebanon • Soldier killed • North pummeled with rockets, including direct hits in Haifa, Nahariya
By JERUSALEM POST STAFFNOVEMBER 17, 2024 05:23Updated: NOVEMBER 17, 2024 05:29
The Israel Air Force conducted a series of airstrikes concentrating on the Beirut and Tyre areas of Lebanon, as dozens of barrages hit northern Israel over the weekend, including a direct hit in Nahariya and on a synagogue in Haifa on Saturday night.
The IDF announced on Saturday the death of Sergeant Ori Nisanovich, 21, from Jerusalem, who was killed in combat in southern Lebanon. He served in the Golani Brigade’s 13th Battalion.
The wave of IAF airstrikes on Lebanon throughout the weekend attacked Hezbollah terror targets, including a weapons storage facility, a command center, and terrorist infrastructure.
Included in the airstrikes were attacks on Dahiyeh, a key Hezbollah terrorist stronghold in Beirut, where it has systematically embedded its terrorist infrastructure amid the Lebanese civilian population, the military said.
IDF Arabic spokesperson Col. Avichay Adraee had earlier warned Lebanese civilians in Dahiyeh’s Haret Hreik municipality on X/Twitter to evacuate on Saturday morning. Shortly after the announcement, Kan said there were reports of a strike in the neighborhood.
After being warned they were near Hezbollah infrastructure that would soon be targeted, the IDF official instructed civilians to move no less than 500 meters from the sites.
At around Saturday midday, Adraee posted another warning on X, emphasizing that residents of the southern suburban areas in Beirut, specifically Haret Hreik and Ghobeiry, were “located near facilities and interests affiliated with Hezbollah.”
The spokesperson further stressed that the IDF will target these areas “in the near future.”
Shortly after, Adraee posted another warning on X, stating that residents in several villages in south Lebanon “must evacuate [their] homes immediately and move north of the Awali River.” Adraee listed the following villages: Kafr Hamam, Kafr Shuba, Burj al-Muluk, Khiam, Blat, Debbin, Arnoun, Yuhmur, Deir Siryan, Taybeh, Qasbiya, Mazraat Koutheriyeh al-Rouz, Himyari, Matariyet al-Shumar, and Kafr Tibnine.
In his post, the IDF Arabic spokesperson wrote that Hezbollah terrorist activities are forcing the military “to take strong action in these areas,” further emphasizing that the army does “not intend to harm” Lebanese civilians. Moreover, Adraee said, “Anyone near Hezbollah members, their facilities, or weapons is putting their life at risk.”
The IDF later reported that troops from Divisions 36 and 91 have located and destroyed weapons depots, tunnels, and Hezbollah infrastructure in southern Lebanon in the last 24 hours with the assistance of the IAF.
Directed by Fire Brigade 282, the air force targeted a military compound housing multiple rocket launchers that had fired numerous rockets toward western Galilee over the past week, the military added.
US truce attempts
The latest strikes come as the US attempts to broker a truce agreement between Israel and Hezbollah.
Meanwhile, the Commando Brigade of the 91st Division has conducted precise, small-scale raids in southern Lebanon, targeting areas linked to recent rocket fire on Israeli communities, the IDF reported on Saturday.
These operations, carried out in challenging terrain, involved airstrikes, tank fire, and specialized equipment to eliminate Hezbollah infrastructure and destroy weapon systems.
During the raids, the 7th Armored Brigade discovered an underground weapons storage facility containing crates of explosives, ammunition, and grenades.
The entire cache was destroyed using controlled explosives. Additionally, the IDF reported it seized a truck equipped with a mobile rocket launcher aimed at Israeli areas.
Further searches by the Commando Brigade uncovered significant Hezbollah military assets, including anti-tank missiles, mortar shells, and combat vests.
Over 25 crates of new rockets, prepared for immediate launch according to the IDF, were also found. All discovered weapons and infrastructure were either seized or destroyed, further disrupting Hezbollah’s offensive capabilities in the region.
END
ISRAEL.HEZBOLLAH/.SUNDAY
Media chief Afif blown up
(times of Israel/Reuters)
Hezbollah’s media relations chief Mohammed Afif said killed in central Beirut strike
Hezbollah’s media chief Mohammed Afif said killed in Israeli strike on central Beirut
By Reuters and Emanuel Fabian

Hezbollah’s chief spokesman Mohammed Afif speaks during a press conference in Dahiyeh, in the southern suburb of Beirut, Lebanon, Monday, Nov. 11, 2024. (AP Photo/Hussein Malla)
An Israeli strike on a building in central Beirut killed Hezbollah’s media relations chief Mohammed Afif, two Lebanese security sources tell Reuters.
The strike was carried out in the Ras al-Naba’a neighborhood in the central part of the Lebanese capital, and not in the Hezbollah stronghold in the southern suburbs.
The IDF did not issue any evacuation warning before the unusual strike.
END
ISRAEL/HAMAS/MONDAY
AWFUL!!
AND THE IDIOT BIDEN COMPLAINS THAT AID IS NOT GETTING INTO GAZA?
(zerohedge)
Hamas Guns Down 20 Palestinians After Over 100 Aid Trucks ‘Violently Looted’
Monday, Nov 18, 2024 – 03:25 PM
Amid the ongoing humanitarian and severe food and medicine crisis in war-ravaged Gaza, a United Nations agency has confirmed a Saturday incident which saw a convoy of 109 aid trucks come under attack by desperate Palestinians.
The United Nations Relief and Works Agency for Palestine Refugees (UNRWA) has described the worst such incident since the 13-month-old Israeli military assault on Hamas and the Gaza Strip began. A UN official called said it “highlights the severity of access challenges of bringing aid into southern and central Gaza.” The UN further said the situation in the Strip has reached a low point.

“The urgency of the crisis cannot be overstated; without immediate intervention, severe food shortages are set to worsen, further endangering the lives of over two million people who depend on humanitarian aid to survive.” The UN didn’t identify who carried out the assault on the large convoy.
In a new Monday development, Hamas said it has shot at Palestinians who carried out the robbery of aid trucks, resulting in 20 killed. In a highly unusual statement Hamas said it shot and killed over 20 people who it called “gang members”:
The Hamas TV channel Al-Aqsa quoted Hamas interior ministry sources in Gaza as saying that over 20 gang members involved in looting aid trucks were killed during an operation carried out by Hamas security forces in coordination with tribal committees.
It said anyone caught aiding such looting would be treated with “an iron fist”.
This seems an unprecedented first wherein Hamas conducts a mass slaughter of other Palestinian groups seeking to access aid.
Details of who exactly was behind the looting remain unclear, and Hamas describing that “gang members” were behind it seems dubious or at least a surprising development. The more desperate things have gotten in the Strip, the more that violence spirals out of control.
However, the NY Times and many other outlets have described that the initial weekend theft of over 100 trucks was conducted by armed gunman, and that the truck drivers were forced to abandon their vehicles at gunpoint.
The UNRWA, said it happened at Kerem Shalom border crossing in southern Gaza. Given the large-scale nature of the theft, those attacking the convoy were likely lying it wait, and thus the plot had some level of pre-planned organization.
Prior footage from many months ago shows the break down in security at aid stations and warehouses in the Gaza Strip:
Several top Hamas leaders have been assassinated over the past several months, and it remains unclear of the degree to which the terror group still has a governing and command structure in tact.
Lebanese media reports unusual Israeli airstrike in central Beirut
By Emanuel Fabian FollowToday, 1:41 pM
Lebanese media reports an unusual Israeli airstrike in central Beirut.
The strike was carried out in the Ras al-Naba’a neighborhood in the central part of the Lebanese capital, and not in the Hezbollah stronghold in the southern suburbs.
The IDF also did not issue any evacuation warning before the strike.
Some reports claim that the building housed the offices of the Syrian Ba’ath Party.
https://x.com/Bk_Hanas/status/1858108482097914031

end
end
ISRAEL/GAZA/SYRIA/PIJ TERRORISTS
Palestinian Islamic Jihad confirms two terror leaders killed in Damascus strike
A spokesperson for the terrorist organization named the terrorists as head of foreign relations Rasmi Abu Issa and member of the Political Bureau Abd Alaziz al-Minawi
By JERUSALEM POST STAFFNOVEMBER 16, 2024 14:36Updated: NOVEMBER 16, 2024 14:50
Palestinian Islamic Jihad confirmed on Saturday that two of the terror group’s leaders were killed in an Israeli airstrike on Damascus on Thursday, Army Radio reported.
One of the leaders was a member of the organization’s leadership, and the other was the official responsible for foreign relations.
A spokesperson for the terrorist organization named the terrorists as head of foreign relations Rasmi Abu Issa and member of the Political Bureau Abd Alaziz al-Minawi, according to AFP.
Striking PIJ in Damascus
Israel continued to target PIJ headquarters in Damacus on Friday. IAF fighter jets struck commander centers and terrorist infrastructure belonging to the Palestinian Islamic Jihad terror group in Syria’s Damascus, the military confirmed on Thursday afternoon.
https://player.jpost.com/public/player.html?player=jpost&media=3799580&url=www.jpost.comStrike on Islamic Jihad terrorist infrastructure in Syria (Credit: IDF)
Fifteen people were killed and 16 injured in Israeli attacks on a number of residential buildings in suburbs of the Syrian capital Damascus on Thursday, according to state news agency SANA, citing a Syrian military source.
END
ISRAEL/IRAN/USA
Trump’s plan:
Trump admin. plans to bankrupt Iran with ‘maximum pressure’ policies – report
Sources revealed that the administration plans to impose stricter sanctions, particularly on Iran’s oil exports, which serve as a critical revenue source.
By JERUSALEM POST STAFFNOVEMBER 16, 2024 16:51
US President-elect Donald Trump’s administration is preparing to reinstate its “maximum pressure” strategy against Iran, targeting Tehran’s economic stability and its ability to support militant proxies and nuclear development, The Financial Times reported on Saturday, citing sources close to the transition team.
The sources revealed that the administration plans to impose stricter sanctions, particularly on Iran’s oil exports, which serve as a critical revenue source.
The anticipated sanctions could drastically reduce Iranian oil exports, which currently exceed 1.5 million barrels per day, up from a low of 400,000 barrels per day in 2020. Experts suggest that these measures would severely impact Iran’s economy. Bob McNally, an energy consultant and former US presidential adviser, indicated that reducing exports to a fraction of current levels would leave Iran in a far worse economic position than during Trump’s first term, Financial Times reported.
According to the report, the renewed strategy aims to bring Iran back to the negotiating table for a comprehensive nuclear deal. According to Trump’s transition team, the approach involves crippling Iran’s financial resources to push its leadership into talks.
However, experts cited in the report expressed skepticism, noting that Tehran is unlikely to agree to what are expected to be stringent US terms. The Financial Times highlighted Trump’s campaign statement regarding Iran in September, saying, “We have to make a deal because the consequences are impossible.”
Not giving in to pressure
Iranian officials have already rejected the possibility of resuming negotiations under coercion. In a statement posted on X/Twitter earlier this week, Iranian Foreign Minister Abbas Araghchi warned that repeating the “maximum pressure” policy would result in failure, as it had during Trump’s first term.
He emphasized that Tehran remains open to talks but only under fair conditions.
The security risks associated with the deteriorating US-Iran relationship were also addressed in the report. The Financial Times noted ongoing threats against Trump and former US officials following the 2020 assassination of Iranian General Qassem Soleimani. Additionally, it highlighted legislative efforts by Trump’s advisers, such as Mike Waltz, to impose secondary sanctions on Chinese entities purchasing Iranian oil.
END
ISRAEL IRAN
Israeli strike on Iran’s Parchin facility disrupts key nuclear bomb development capabilities
The sophisticated equipment destroyed in the attack was essential for shaping and testing plastic explosives that encase uranium in a nuclear device.
By WALLA!NOVEMBER 15, 2024 22:42
The Israeli strike at the end of October on Iran’s military complex in Parchin significantly hindered Iran’s ability to develop a nuclear bomb, should it choose to do so, according to two senior Israeli officials.
The sophisticated equipment destroyed in the attack was essential for shaping and testing plastic explosives that encase uranium in a nuclear device, crucial for initiating a nuclear chain reaction. This equipment was previously used by Iran before it froze its military nuclear program in 2003.
Over the past year, Iran has resumed research related to nuclear weapons, according to American and Israeli officials, although it has not taken concrete steps toward building a nuclear bomb. The Israeli officials noted that if Iran decides to develop nuclear weapons, it would need to replace the destroyed equipment.
They believe Israeli or American intelligence would likely detect any attempt by Iran to build or acquire such machinery. “This equipment is a bottleneck. The Iranians are stuck without it,” stated a senior Israeli official.
The Taleghan 2 facility within the Parchin military complex was used before 2003 for testing explosives necessary for a nuclear device. This activity was halted when Iran suspended its military nuclear program. Additionally, the equipment destroyed had been stored at the site since at least 2003, Israeli officials say.
American and Israeli officials reported that Iran resumed scientific activities in the past year that could serve as a basis for developing nuclear weapons, although these could also be presented as civilian research. “They conducted scientific work that could lay the groundwork for nuclear weapons production. It was highly secretive, known only to a small part of the Iranian government,” said an American official.
Strike disrupts Iran’s nuclear progress
The destroyed equipment at Taleghan 2 was reportedly not being used for these research activities but would be critical in future stages if Iran decided to build a nuclear bomb. “This is equipment the Iranians would need if they wanted to move towards a nuclear bomb. Now, they don’t have it, and finding an alternative won’t be easy. We would see any such effort,” a senior Israeli official explained.
When planning a retaliatory strike following Iran’s massive missile attack on October 1, Israel selected the Taleghan 2 facility as a target. President Biden requested Prime Minister Benjamin Netanyahu not to target Iranian nuclear sites to avoid sparking a war with Iran, according to American officials. However, since Taleghan 2 was not part of Iran’s declared nuclear program, Tehran could not acknowledge its existence or the damage incurred without admitting to violating the Nuclear Non-Proliferation Treaty.
“The strike sent a not-so-subtle message that Israel has significant access to what is happening in the Iranian system, even with activities kept secret and known only to a very small group in the Iranian government,” noted an American official.
END
ISRAEL HEZBOLLAH/SUNDAY AFTERNOON
Israeli Troops Reach Deepest Point In Lebanon Since Ground Op Began
Saturday, Nov 16, 2024 – 03:45 PM
The Israeli military has reached the deepest point in Lebanon since the ground offensive began about six weeks ago. This has been reported by both Lebanese and Israeli media, amid raging battles with Hezbollah on Saturday.
“The state-run National News Agency reported that Israeli troops temporarily captured a strategic hill in the southern Lebanese village of Shamaa, about five kilometers (3 miles) from the border early Saturday, before later being pushed back,” Israeli media reports. “The outlet claimed soldiers detonated several buildings including a shrine before they withdrew.”

The Israel Defense Forces (IDF) confirmed that troops “continue their limited, localized, and targeted operational activity in southern Lebanon.”
Airstrikes continue to reach across the country, but it is the ground war which remains the riskiest endeavor for the IDF. For example on Wednesday, the IDF announced that six soldiers and officers from its Golani Brigade were killed in a single combat action.
They were reportedly ambushed by Hezbollah fighters in southern Lebanon, after which a lengthy firefight ensued. It is rare for that many Israeli troops to die in a single ground engagement:
Israel suffered one of its deadliest days of its ground offensive against Hezbollah in Lebanon on Wednesday, November 13, when six of its soldiers were killed in combat near the border.
The soldiers “fell during combat in southern Lebanon,” the army said in a statement. Their deaths mean 47 Israeli troops have been killed in combat with Hezbollah since September 30, when Israel sent ground forces into Lebanon. The army’s announcement came after Israel’s new Defense Minister Israel Katz said there would be no easing up in the war against Hezbollah.
As for the new action in Shamaa, the IDF has reportedly since retreated. Warplanes have meanwhile continued to pound Beirut’s southern suburbs, as well as the port city of Tyre.
Tyre has been issued new evacuation orders this weekend, and over a dozen buildings have been destroyed in new rounds of strikes. The last couple weeks have seen a new focus on targeting alleged Hezbollah hideouts in the densely populated southern city.
Lebanon’s government has said several paramedics and emergency workers have been killed and wounded in some of these latest air raids. The country has remained helpless under Israeli airpower, having no real air force with modern jets to speak of. The Lebanese Army also doesn’t have anti-air defense missile systems, and all of this is largely due to US policy.
Hezbollah has also not relented in its rocket attacks on Israel, launching at least 65 projectiles across the border Saturday. Much of the Israeli population of the north remains evacuated from their homes on an indefinite basis.

An Israeli airstrike on a building in a central neighborhood of the Lebanese capital Beirut on Sunday reportedly killed the top spokesman for the Hezbollah terror group.
Two Lebanese security sources told Reuters that Hezbollah’s media relations chief Mohammed Afif was killed in the strike on the Ras al-Naba’a neighborhood. A Hezbollah official, speaking anonymously, confirmed this to The Associated Press.
The Israel Defense Forces did not immediately issue a comment on the strike.
Unlike dozens of other Israeli attacks carried out in Beirut this past week, the strike killing Afif was not carried out in the southern suburbs of Beirut, a Hezbollah stronghold known as Dahiyeh.
The building where Afif was targeted housed the offices of the Syrian Ba’ath Party, Lebanese media reported. The IDF did not issue any evacuation warning before the strike, as it was an assassination and did not target Hezbollah’s infrastructure.
Afif had been especially visible after Israel’s military escalation in September and following the assassination of longtime Hezbollah leader Hassan Nasrallah, who was also killed in an Israeli airstrike.

Last month, Afif was forced to interrupt a press conference in Dahiyeh after the IDF’s Arabic language spokesman, Col. Avichay Adraee, issued an evacuation order for residents of the area ahead of an airstrike.
Residents gather at the site of an Israeli airstrike that hit a building in central Beirut’s Ras al-Nabaa neighborhood, Lebanon, November 17, 2024. (AP Photo/Fadi Tawil)
Also on Sunday, the IDF said it had completed a wave of airstrikes against Hezbollah targets in Dahiyeh. The targets hit by fighter jets included command rooms and other infrastructure, according to the military.
Before those strikes were carried out, the IDF issued evacuation warnings to civilians in the area.
In recent days, the IDF has ramped up strikes against Hezbollah targets in Beirut with over 50 Hezbollah sites hit in the past week.
One of the targets struck by Israeli fighter jets in Beirut on Saturday was an apartment formerly belonging to Nasrallah, according to the IDF.
The military said Nasrallah was targeted at the home during the 2006 Second Lebanon War, and it was later rebuilt. The apartment was currently being used by Hezbollah for its activities, the IDF said.

Smoke rises between buildings hit in an Israeli airstrike in Dahiyeh, in the southern suburb of Beirut, Lebanon, November 17, 2024. (AP Photo/Hussein Malla)
Sunday’s strikes came after a barrage of some 20 rockets was launched from Lebanon at the Western Galilee and Haifa Bay area in the morning.
According to the IDF, some of the rockets were intercepted by air defenses, while the rest struck open areas, causing no injuries.
The IDF also released footage on Sunday showing a Hezbollah weapons cache and tunnel being demolished by combat engineers in southern Lebanon.

A Hezbollah weapons depot and tunnel found by troops in southern Lebanon, in images distributed by the IDF on November 17, 2024. (Israel Defense Forces)
The site had been discovered by troops of the Kfir Brigade’s Haruv reconnaissance unit, who are operating in Lebanon under the Alon Reserve Brigade. It marked the first time in the unit’s history that it was operating in Lebanon.
According to the IDF, during a raid in a southern Lebanon village, the troops found a tunnel shaft that led to underground infrastructure. Next to the shaft was a weapons depot, ammunition and a motorcycle, which the IDF says “were prepared for an invasion” of Israel.
A Hezbollah weapons depot and tunnel are blown up in southern Lebanon, in a video distributed by the IDF on November 17, 2024. (Israel Defense Forces)
Three IDF divisions have been operating in southern Lebanon in recent days, as the military has expanded its offensive against Hezbollah.
On Saturday, Hezbollah claimed to have confronted IDF soldiers on the outskirts of Shama, a Lebanese village located some 5 kilometers (3.1 miles) from the border with Israel.
It would mark the deepest point in Lebanon that the IDF has reached during the ongoing ground offensive.
Meanwhile, the IDF reportedly removed roadblocks on the northern border which were set up to prevent civilians from driving on roads that were exposed to anti-tank missile fire from Lebanon.
According to a Sunday morning report by Army Radio, all of the military roadblocks on the Lebanon border were removed in recent days, ahead of a possible return of the displaced residents of the north to their homes.
“The reality in the north has changed,” IDF officials were cited by the radio station as saying.
Police officers guard at a checkpoint on Highway 90 not far from the Israeli border with Lebanon, October 11, 2024. (Ayal Margolin/Flash90)
“There are no longer places where you can’t drive. Bypass roads are no longer needed, and citizens can also drive on these roads,” the officials were cited as saying, adding that this freedom of movement is due to the IDF having taken control of key areas in south Lebanon, thereby reducing the threat.
Some 60,000 residents were evacuated from northern Israeli towns on the Lebanon border shortly after fellow terror group Hamas’s October 7, 2023, onslaught in southern Israel, amid fears Hezbollah would carry out a similar attack, and increasing rocket fire by the Lebanese terror group.
For months since October 8, 2023, Hezbollah-led forces attacked Israeli communities and military posts along the border on a near-daily basis, with the group saying it is doing so to support Gaza amid the war there.
Hezbollah has since expanded its attacks to also target cities in central and northern Israel with rockets, in addition to the attacks on the border, though in recent days the IDF has seen a decrease in the number of attacks.
Troops of the IDF Commando Brigade operate in southern Lebanon, in a handout photo issued on November 16, 2024. (Israel Defense Forces)
The attacks on northern Israel have resulted in the deaths of 43 civilians. In addition, 70 IDF soldiers and reservists have died in cross-border skirmishes and in the ensuing ground operation launched in southern Lebanon in late September. Two soldiers have been killed in a drone attack from Iraq, and there have also been several attacks from Syria, without any injuries.
The IDF estimates that some 3,000 Hezbollah operatives have been killed in the conflict. Around 100 members of other terror groups, along with hundreds of civilians, have also been reported killed in Lebanon.
Meanwhile, on Sunday morning, the IDF also said a drone launched at Israel “from the east” — usually code for Iraq — was intercepted by air defenses over southern Israel.
Footage posted to social media showed a cloud of smoke above a Bezeq antenna farm near Rehovot, apparently following the interception of the drone.
There were no reports of injuries. Shrapnel from the interception sparked a small fire in the area.
There was no immediate claim of responsibility for the drone.
end
LEBANON
huge cracks within the Hezbollah support in Lebanon
(jerusalemPost)
IDF operations in Lebanon expose cracks in Hezbollah’s support in country – interview
“The Shiites in Lebanon are under pressure they have never experienced before,” says Prof. Baram, emphasizing the pressure is multifaceted.
By SHAKED SADEHNOVEMBER 18, 2024 00:52Updated: NOVEMBER 18, 2024 17:22
The recent military actions carried out by the IDF in Lebanon have created a complex and challenging reality in the country, impacting its society, politics, and security.
At the center is the Shi’ite community, Hezbollah’s main base of support, which now finds itself under pressure from both internal and external sources. In an in-depth interview with Professor Amatzia Baram, a Middle East expert, a vivid picture emerges of the multifaceted impacts of Israeli pressure and how it is destabilizing Hezbollah.
“The Shi’ites in Lebanon are under pressure they have never experienced before,” said Prof. Baram. “This pressure is being exerted on several levels: social, political, and security. For the first time, we are seeing significant cracks in Hezbollah’s support base, which has been the organization’s backbone.”
Currently, Lebanon hosts about 1.25 million refugees, mostly Shi’ites, who have fled their homes due to the fighting in southern Lebanon, the Bekaa Valley, and the Dahiyeh district in Beirut.
“Shi’ite refugees are seeking shelter in other parts of Lebanon,” explained Prof. Baram. “Some have even crossed into Syria, but most remain in Lebanon, moving to areas where Druze, Sunnis, and Christians are the majority, where they are not welcomed.
The local residents view the Shi’ites and Hezbollah as the main culprits behind this war and the dire state of the country.”
Beyond social tension, refugees face severe housing difficulties. Rental prices in major cities, particularly in Beirut, have skyrocketed, sometimes doubling or tripling, as landlords take advantage of high demand.
“Even if the Shi’ites manage to find a place to live, they pay high prices and often have to endure poor living conditions,” Prof. Baram explained.
“The close physical proximity between different sects in the country creates friction. The Druze, Sunnis, and Christians blame the Shi’ites for dragging Lebanon into war, damaging the economy, and ruining any chance of stability. They believe that Hezbollah is fighting for Gaza, not for Lebanon.”
The social distress is also seeping into Hezbollah’s ranks. Families of the organization’s operatives have had to flee their homes and seek refuge, putting immense pressure on the terrorists themselves: “Hezbollah terrorists know their families have nowhere to rest their heads,” said Prof. Baram.
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“This unprecedented situation is causing the fighters themselves to pressure their commanders to stop the fighting so their families can return home in southern Lebanon.”
Mounting internal strife
Meanwhile, the pressure is mounting due to an increase in Israeli attacks on targets in southern Lebanon and Beirut.
“Recently, we have seen a rise in residents fleeing from the Dahiyeh area of Beirut and the Bekaa Valley [Baalbek]. The continued Israeli military pressure will further damage Hezbollah’s morale and its ability to maintain its personnel.”
The social and economic crisis is also translating into significant political shifts. For the first time, the Free Patriotic Movement, a key partner in Hezbollah’s coalition, announced its withdrawal. “This was a turning point,” said Prof. Baram.
“The Free Patriotic Movement, a Christian Maronite party led by Gebran Bassil, had supported Hezbollah for many years.
Four days ago, Bassil publicly stated, ‘Hezbollah can no longer claim it is defending Lebanon. Opening a front because of Gaza is not done to defend Lebanon.’ Out of the 128 members of the Lebanese Parliament, 17 party members announced they would no longer support Hezbollah’s policies or related votes.”
The pressure on Hezbollah is not limited to the social and political arenas; its diplomatic positions are also shifting, reflecting the depth of the crisis.
The organization’s Deputy Secretary General, Naim Qassem, has shown a changing stance in his recent speeches, indicating internal discord within Hezbollah:
“In his first speech, he completely avoided linking the ceasefire in Lebanon to the one in Gaza. However, in his second speech, he echoed Nasrallah’s position, tying a ceasefire in Lebanon to a ceasefire in Gaza. Most recently, he shifted again, supporting a ceasefire in Lebanon independent of the situation in Gaza.”
Prof. Baram explained, “This is the first time we see Hezbollah leaning towards separating the fronts. Nasrallah, who championed the unity of the fronts, would be turning in his grave – his policy has been broken.”
Simultaneously, the political collapse has increased sectarian tension in Lebanon. The Druze, who had previously been relatively tolerant of Hezbollah, are now showing growing opposition to the organization. “There is a clear rise in Druze resistance on Lebanese media channels,” Prof. Baram said.
Among the Christian community, the opposition is becoming more open and intense. “There have always been Christians who opposed Hezbollah, but today, even Christian parties that once supported it, like the Free Patriotic Movement, are turning their backs on it,” explained the expert.
“The pressure on Hezbollah is multifaceted and precise. Israel has managed to destabilize the organization’s social support base, damage the morale of its operatives, and create significant rifts in the political arena,” Prof. Baram concluded.
IRAN
this is good: Iran facing resistance at home
(JerusalemPost
Iran continues to face resistance, increasing dissent at home – analysis
Iran’s regime now finds itself facing increasing dissent and challenges at home, with many groups opposing the regime.
By SETH J. FRANTZMANNOVEMBER 18, 2024 14:43Updated: NOVEMBER 18, 2024 17:04
The Iranian Islamic Revolutionary Guards Corps (IRGC) announced the death of two of its Basij paramilitary fighters in southeastern Iran this week, claiming they had been ”martyred” in a “terrorist attack in the city of Saravan in the southeastern province of Sistan-and-Baluchestan.”
This is the latest in several attacks and battles between Iran’s security forces and fighters in southeastern Iran who oppose the regime.
Iran’s regime now finds itself facing increasing dissent and challenges at home. The Baloch region is not the only place where groups oppose the regime. Other minorities dislike the regime as well, including Kurds, Azeris, Arabs, and also Persians. Iran’s regime relies on pitting these groups against each other and relying on elements of each group as a pillar of the regime’s stability.
It is incorrect to characterize the regime as having no backers in its periphery, as it is always able to work with and co-opt some people. Its peripheries are also geographically divided from one another.
For instance, Baloch fighters who oppose the regime are closer to the Baloch region of Pakistan than they are to the far-off Kurdistan region in Iran, and the Kurds are closer to their comrades across the border in the autonomous Kurdistan region of Iraq than they are to Arabs in southwestern Iran. The regime is happy to keep this accident of history and geography as is.
Iran facing resistance
The Iranian regime faces resistance at home even as it has been supporting “resistance” against Israel, the US, and their partners and allies in the Middle East for decades. Iran’s proxies are often known as the “axis of resistance,” and Iran uses the term “resistance” to refer to the attacks by Hezbollah, the Houthis, Hamas, and others.
However, Iran’s ability to fund the “resistance” abroad is hampered by challenges at home. It must balance this carefully if it does not want a major revolt on its hands. When the regime oversteps its bounds, such as with the murder of Mahsa Amini, a Kurdish woman, in 2022, it has to wait out the protests. Amini’s murder resonated in the Kurdistan region and throughout Iran and the diaspora.
The regime is content to wait things out when necessary. It knows the opposition abroad is also divided. The regime has survived for so long, despite being disliked, through the use of force and the use of coy policies that make the regime seem less heavy-handed than it is.
Iranian state media sometimes hints at the troubles the regime has at home. This is why, on Monday, Iran’s IRNA published details about the two Basij members killed in Saravan in the southeastern province of Sistan-and-Baluchestan.
“The Public Relations Office of the IRGC Ground Force’s Quds Headquarters in southeast Iran issued a statement on Monday, announcing the martyrdom of the two members of Basij, which is a volunteer force within the IRGC,” IRNA said.
“According to the statement, gunmen attacked the pair as they were in their car on the way back home from their work on Monday morning.”
There appears to be a low-level insurgency developing in this southeastern region. Iran’s Mehr News Agency said that the IRGC had killed “23 terrorists and captured 46 others” during a recent operation.
“Security and police personnel in the province often conduct operations in the border areas to foil terror plots and capture arms and drugs smuggled by terrorist and other groups. The Sistan-and-Baluchestan province, which borders Pakistan, has witnessed several terror attacks targeting both civilians and security forces over the past years,” Brig.-Gen. Ahmad Shafaei said, according to the report.
Iran, which backs terrorism against Israel, also got the UN Security Council to denounce an attack against Iran at the end of October.
“The members of the Security Council condemned in the strongest terms the cowardly terrorist attack on a patrol unit of the Law Enforcement Command of the Islamic Republic of Iran… in Sistan and Baluchistan province, Iran, on October 26. The attack was claimed by the Jaish al-Adl and resulted in the tragic loss of life of 10 Iranian law enforcement personnel,” the UN noted.
end
/RUSSIA///UKRAINE
The big news of the day: Biden said to allow Ukraine to use long range missiles to strike deep inside Russia
(Reuters/Times of Israel)
In first, Biden said to allow Ukraine to use US arms to strike inside Russia
By ReutersToday, 8:40 pm
Emergency services personnel work to extinguish a fire following a Russian rocket attack in Poltava region, Ukraine, November 17, 2024. (Ukrainian Emergency Service via AP)
US President Joe Biden’s administration will allow Ukraine to use US-provided weapons to strike deep into Russian territory, three sources familiar with the matter say, in a significant change to Washington’s policy in the Ukraine-Russia conflict.
Ukraine plans to conduct its first long-range attacks in the coming days, the sources said, without revealing details due to operational security concerns.
The White House declines to comment.
The move by the United States two months before President-elect Donald Trump takes office on January 20 follows months of requests by Ukrainian President Volodymyr Zelenskiy to allow Ukraine’s military to use US weapons to hit Russian military targets far from its border.
The change follows Russia’s deployment of North Korean ground troops to supplement its own forces, a development that has caused alarm in Washington and Kyiv.
The first deep strikes are likely to be carried out using ATACMS rockets, which have a range of up to 190 miles (306 kilometers), according to the sources.
END
RUSSIA/UKRAINE/USA
ROBERT H TO US;
Russia would do the world a favor and demonstrate with taking out Kiev looks like if they go beyond.. sadly Neocons would likely cheer .. thus what can happen will be worse … as for Ukraine they are done and will cease to exist soon
This I have been aware of for some time..
RUSSIAN LAWMAKERS WARN OF WWIII
Washington’s approval for Ukraine to strike Russia with U.S. long-range missiles triggered warnings from Russian lawmakers.
A senior member of the Federation Council, Andrei Klishas: “The West has decided on such a level of escalation that it could end with the Ukrainian statehood in complete ruins by morning.”
First deputy head of the Russian upper house’s international affairs committee, Vladimir Dzhabarov: “This is a very big step towards the start of World War Three.”
Chairman of the State Duma lower house’s foreign affairs committee, Leonid Slutsky: “Strikes with U.S. missiles deep into Russian regions will inevitably entail a serious escalation, which threatens to lead to much more serious consequences.”
end
In “Major Policy Shift” Biden Authorizes Ukraine’s Use Of US Missiles To Hit Targets Inside Russia
Monday, Nov 18, 2024 – 06:25 AM
In a move straight out of Louis “After me, the flood” XV, the outgoing Biden admin, in a seemingly desperate move to destabilize the global geopolitical picture, has authorized the lifting of some restrictions on Ukraine’s use of western-made weapons to strike military targets inside Russia, according to reports from Bloomberg and the AP. The decision was reportedly shaped by North Korea ramping up support for President Vladimir Putin’s army and an increase in Russian missile and drone attacks on its neighbor.
The approval represents a major U.S. policy shift and comes as the deep state-supported, dementia-ridden puppet Joe Biden is about to leave office and incoming President-elect Donald Trump has said he would bring about a swift end to the war and has expressed skepticism over continued support by the United States.

If approved, the capability would likely be used first in the Kursk region of Russia, where Ukraine is fighting against North Korean troops as well as Moscow’s forces, the people said. Still, any permission, if granted, is unlikely to go as far as Ukraine has requested, one of the people said.
As the war in Ukraine heads into its third full winter, the US and its allies “have grown extremely concerned” about Pyongyang’s decision to deploy its forces in combat and assessments by some Group of 20 nations suggest North Korea could eventually send as many as 100,000 troops to Russia. The allies believe the deepening cooperation between Putin and Kim Jong Un could have consequences for the security balance in the Indo-Pacific region, Bloomberg has reported previously.
Discussions between the allies over missile strikes have intensified since Donald Trump won US elections earlier this month, another Bloomberg source said. Trump has said he will seek a quick deal between Ukraine and Russia to end the war, without specifying how.
In other words, Biden’s puppet masters are urgently seeking to escalate the war in Ukraine to make the quick ceasefire sought by Trump impossible (after all, war is how the Deep State earns its income), and in doing so risking World War 3 as just two months ago, Putin warned that If Ukraine uses U.S. long-range missiles to strike Russia, the “United States is at war with Russia.”
And just to underscore that mushroom clouds are coming, Putin since said that Russia “will use nuclear weapons if a mass enemy missile or UAV is launched towards Russia, or when these weapons cross into Russian territory.”
Until now, Biden had remained opposed to such an escalation, determined to hold the line against any escalation that he felt could draw the U.S. and other NATO members into direct conflict with Russia. But what supposedly triggered the shift is not Trump’s desire to end the war, at least not according to Bloomberg’s deep state sources, but North Korea’s decision to deploy deployed thousands of troops to Russia to help Moscow reclaim land in the Kursk border region that Ukraine seized this year, and which Russia has already mostly regained even as Ukraine continues to cede territory in the Donetsk region. The introduction of North Korean troops to the conflict comes as Moscow has seen a favorable shift in momentum.
As many as 12,000 North Korean troops have been sent to Russia, according to U.S., South Korean and Ukrainian assessments. U.S. and South Korean intelligence officials say North Korea also has provided Russia with significant amounts of munitions to replenish its weapons stockpiles.
Trump, who takes office in January, spoke for months as a candidate about wanting Russia’s war in Ukraine to be over. He also repeatedly slammed the Biden administration for giving Kyiv tens of billions of dollars in aid. His resounding election victory has Ukraine’s international backers worrying that any rushed settlement would mostly benefit Putin.
Which is where the deep state’s World War 3 Hail Mary comes in, especially since the outgoing Biden administration has said it will send as much aid as possible to Kyiv before Trump takes office in January.
END
ROBERT H TO US
A US offensive missile base aimed at Russia has been put into service in Poland – Anti-Spiegel
Do not be surprised if missiles fly this will be destroyed.
A simple message.
As the game of hegemony plays out the US has now become Europe’s largest trading partner. In this game markets are needed to replace those lost to China etc.
as the lost of Ukraine and it’s food production takes place Europe will be supplied foodstuffs from America to make up for losses from China who is buying from Russia.
RUSSIA/UKRAINE/USA
6.COVID ISSUES/VACCINE ISSUES//DRUG AND HEALTH ISSUE
Important to all:
Study Reveals Why COVID-19 Vaccine Antibodies Wane Rapidly
Friday, Nov 15, 2024 – 09:45 PM
Authored by Marina Zhang via The Epoch Times (emphasis ours),
Research led by scientists at Emory University in Atlanta found that while tetanus and influenza vaccines prompt the body to produce long-lived plasma cells that generate antibodies, COVID-19 vaccines do not.

The study may explain why antibody protection from COVID-19 mRNA vaccines wanes so rapidly.
The mRNA vaccines cause the body to produce short-lived plasma cells that can only generate antibodies for a period of time before dying off.
Vaccines like tetanus give long-lasting immunity, with antibodies persisting in the body for up to 10 years. COVID-19 antibodies rapidly wane three to six months after vaccination, often resulting in breakthrough infections.
The study’s senior author, Dr. Frances Eun-Hyung Lee, professor of medicine and director of Emory University’s Asthma, Allergy, and Immunology program, told The Epoch Times that it is still unclear why COVID-19 vaccines do not confer durable antibody immunity, though there are several possibilities.
According to the researcher, one reason could be that the body cannot form long-term immunity to COVID-19. The COVID-19 mRNA vaccine induces the body to produce COVID-19 spike proteins to stimulate the immune response. This spike protein may not be stimulating enough to cause the formation of lifelong plasma cells.
Another reason could be that the mRNA vaccine platform, which delivers the vaccine to the body, does not induce durable antibody immunity.
Currently, mRNA vaccines for respiratory syncytial virus (RSV) are in development. Whether these vaccines confer durable immunity to the viruses they are intended to protect against may help explain the body’s response to COVID-19 vaccines.
“We will have to wait and see if the reason … is unique to the spike protein or if it’s something unique to the mRNA platform,” Lee told The Epoch Times.
Not All Immunity Is Lifelong
It was generally assumed that when people get infected with or vaccinated against viruses or bacteria, the immunity formed would be life-long, Dr. Stanley Perlman, a professor in the Microbiology & Immunology Department at the University of Iowa, told The Epoch Times.
However, the current study and other research on RSV, which infects people every year despite everyone having antibodies to the virus by age 3, suggests that whether a person is immune to a virus or bacteria can vary depending on the pathogen, Lee said.
The study, published in Nature Medicine in September, followed 19 healthy volunteers who had taken influenza, tetanus, and several COVID-19 vaccines and boosters. Researchers extracted immune cells from their bone marrow and followed them for up to three years.
They found that these participants had durable plasma cells—a type of cell that provides lifelong immunity—that generate antibodies to influenza and tetanus but no or few durable plasma cells working against COVID-19 spike proteins.
When our B-cells (immune cells) encounter a pathogen, they divide into plasma cells and produce antibodies. Most of these cells will die, but a few will migrate into specific niches in the bone marrow and mature into long-lived plasma cells.
“Even if some of these cells want to die, they can’t,” Lee said. “They undergo changes in their RNA and changes in their DNA so that they can become resistant to apoptosis (cell death).”
“There’re many other factors and mechanisms and programs, and we’re trying to study those and unravel those steps so that we can figure out how to make the SARS-CoV-2 mRNA vaccine better.”
Having long-term immunity also does not “guarantee complete protection against future infections,” Dr. Joseph Varon, professor of medicine at the University of Houston and chief medical officer of the Front Line COVID-19 Critical Care (FLCCC) Alliance, told The Epoch Times. “Viruses can evolve to escape immune responses, and waning immunity or other factors like age and health status can influence vulnerability.”
This is why new influenza vaccines are made every year as the virus evolves and changes, Lee said.
Infections Did Not Enhance Immunity
Some participants likely contracted COVID-19 throughout the study period, indicated by a sudden spike in COVID-19 antibody levels despite a lack of immunization. However, the authors found this was also not linked to the formation of long-lasting plasma cells.
This finding concurs with prior research by the University of Maryland, which found that COVID-19 infections did not induce long-term antibody protection.
In some cases, infections may result in stronger immunity than vaccines can provide. Life-long immunity to influenza, for example, is likely driven by natural immunity rather than vaccination.
Antibodies formed from only the influenza vaccine may last a few months. However, since many vaccinated people will also become infected, this cross-reactivity is likely what drives plasma cells to mature into durable cells, Lee said.
Boosting Did Not Increase Durable Antibodies
Some study participants took several doses of COVID-19 mRNA vaccines during the study period.
The authors found that having more doses of mRNA vaccines did “not necessarily promote more” long-lived plasma cell responses in the study’s small cohort.
“These findings reinforce the fact that boosters are not really working at this point,“ Varon said. ”Boosters can temporarily restore protection by increasing circulating antibodies and memory immune cells.”
Dr. William Schaffner, a professor of preventive medicine at Vanderbilt University in Nashville, Tennessee, said that people who are at high risk of dying from COVID-19 should still follow the schedule from the U.S. Centers for Disease Control and Prevention (CDC), which recommends vaccinating every six months.
Lee agreed, adding that while her study found that antibody protection is short-lived, there are other cells in the body, like T-cells, by which vaccinations confer long-lived immunity and could, therefore, still be helpful for people at a higher risk of infection.
END
This is big!
A new Israeli clinical trial is testing a tuberculosis vaccine to prevent Alzheimer’s – opinion
If – God forbid – I show the biomarkers associated with the probable development of Alzheimer’s, I will receive three doses of the vaccine, which has minimal side effects.
By BARBARA SOFERNOVEMBER 18, 2024 02:02
“What’s new?” I ask neurologist Tamir Ben-Hur as we happen to meet in the employees’ cafeteria at Hadassah-University Medical Center, in Jerusalem’s Ein Kerem. My tray is piled high with spicy fish and abundant Mediterranean vegetables. Good for the brain.
He describes his newest clinical trials.
I’ve known for a few years that there is a blood test that can predict whether or not one is likely to get Alzheimer’s disease. It’s available and free for those of us between ages 65 and 80.
I was Ben-Hur’s English teacher at the Hebrew University Secondary School when he was a teen and I was 23, so he pretty much knows my age.
Although I know that I can take this test which would shed light on my future, I’ve, well, sort of postponed it. Chickened out, in other words.
“Half of persons who are offered the test say they don’t want to know if they will get Alzheimer’s. The other half say they want to know so that they can plan their futures,” Ben-Hur has told me. He’s in the second category and has taken the test himself, passing with flying colors.
Taking part in clinical trials
I am happy to take part in clinical trials, a form of volunteering that advances science. Working at Hadassah, where doctors and nurses are always doing research and looking for subjects, I took part several years ago in a different clinical trial in the neurology department.
It required the neurologist to put electrodes in my hair to measure brainwaves. This was a messy business that could probably be done more efficiently by a hairdresser experienced in permanent waves and color highlights.
Once electroded up, I was attached to a machine to measure my brain activity. I had to answer a long series of questions, like “What’s closer to Jerusalem – Tel Aviv or Haifa?” (a cinch, right?), and then “What’s closer to Jerusalem – Kiryat Malachi or Hadera?” The questions got harder.
After the paper was published in a prestigious scientific journal, I asked to know how I’d done. The researcher agreed to check.
Great, he said. The actual words? “Excellent brain.”
Talk about a compliment to savor!
But later, I wondered whether I was told the truth. The bride is always beautiful, as they say in the Talmud. Having subsequently accompanied a dear friend on her journey after she was diagnosed with an incurable brain disease, I know that doctors involved in steps of the diagnosis are sometimes reluctant to share bad news. That falls, at last, to the neurologist in charge. In my friend’s case, that was coincidentally Prof. Ben-Hur.
One in nine persons 65 and older develops Alzheimer’s disease. Neither of my parents had it. But then again, my father died at 63. I don’t have the symptoms, which, of course, I checked several times with Dr. Google.
What would be the good of knowing? But today, over carrots in tehina, Ben-Hur shares his news. It turns out that the century-old vaccine used for tuberculosis is showing promising results in slowing Alzheimer’s disease.
According to the official publication of the brain division and department of neurology at Hadassah Medical Organization, the theory is that the BCG vaccine might activate systemic and brain immune cells to protect the brain from Alzheimer’s disease.
The BCG vaccine was used, starting in 1921, to prevent tuberculosis. Israeli newborns were routinely given the inoculation as part of Israel’s public health initiative to prevent TB when it was more common in Israel. Today, only babies at high risk are vaccinated, and even for them the vaccine has limited effectiveness for tuberculosis.
Previous studies, at Hadassah and the Hebrew University and other centers around the world, have found that administering the BCG vaccine may reduce the risk of developing Alzheimer’s disease by strengthening the immune system, making it more effective.
So shouldn’t we all be taking it?
That, of course, is exactly why there is a clinical trial. This is the first-in-the-world clinical trial to directly test the effectiveness of the BCG vaccine in the fight against Alzheimer’s. How amazing that would be if we in Israel had the proof.
I call and make an appointment.
Potential participants must be cognitively intact, so I have to undergo a cognitive test. Tip No. 1: You take the blood test while fasting first, so if you, like me, need that first cuppa before you tackle the world, have your mug of Joe ready.
I roll up my sleeve, and the blood is sent off for evaluation. I chug my coffee and take the cognitive test. Tip No. 2: You might want to practice counting backwards by seven. Except for my insistence that bananas – on which we recite the borei pri ha’adama, the fruit of the ground blessing – aren’t really fruit, it goes smoothly.
My examiner pronounces me mentally fit.
In a few weeks I’ll know the results of the blood tests. The clinical trial will evaluate if the BCG vaccination reduces the level of phosphorylated tau protein and other biomarkers in the blood and thus helps prevent the development of dementia. Decreased protein level phosphorylated tau in the blood will be an indication of a reduced risk of developing dementia over the next few years. In addition, my blood will be used for basic research aimed at identifying systemic factors that drive the disease, in order to develop additional drugs.
If – God forbid – I show the biomarkers associated with the probable development of Alzheimer’s, I will receive three doses of the vaccine, which has minimal side effects.
My sister and I spent part of a summer when I was 10 with an aunt who was soon after diagnosed with TB. Aunt Lucile was hospitalized in a Connecticut sanatorium. We never had side effects from the inoculation or got tuberculosis, so taking the shots doesn’t scare me.
Follow-up includes blood tests and additional cognitive tests. I’ll let you know how I do.
Here’s what’s thrilling to me. We’re a country at war on seven fronts. So many wounded soldiers need medical evacuation and innovative treatment. When I wake up every morning and recite the prayer thanking God that I’m still alive, I add an extra thanks for not having to spend a night in a shelter because of the latest sword of Damocles hanging over our heads.
Here are our Israeli researchers still hard at work, juggling their day jobs with demanding medical and non-medical roles in the IDF.
Doing the test is personal, of course, but it’s also about being an Israeli and wanting to help fix the world.
To join the studies: call 055-220-4061 for messages, or email fightAD23@gmail.com.
The writer is the Israel director of public relations at Hadassah, the Women’s Zionist Organization of America. Her latest book is A Daughter of Many Mothers.
end
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Over 300 pages of evidence from the CDC show very clearly that vaccines cause autism and that Wakefield was right about the MMR shots
Recently, I received a treasure trove of documents from a source inside the CDC showing they knew for over 20 years that Wakefield was right: vaccines cause autism.

Nov 17, 2024

Executive summary
I recently received a treasure trove of electronic documents from deep inside the CDC. These documents have never been made publicly available.
The documents include voice-recordings, emails, hand-written notes, diagrams, and data.
The claim that “vaccines don’t cause autism” is simply very inconsistent with this evidence.
I am working with Trevor Fitzgibbon to pitch this to all the mainstream media so that I’m not talking to an echo chamber with this data. It is much better if we can get the blue-pilled media to red-pill their peers; it’s unlikely to happen any other way.
This is a huge scandal and our kids having been paying the price for decades all because the CDC doesn’t want to publicly admit they were wrong
I spoke with a top journalist at Inside Edition who thought that it’s one of the biggest stories of the decade. He said he would try to interest his friends at 60 Minutes and other outlets in viewing the data (the story is too big for IE).
I will keep you apprised.
I expect we will get a “not interested in seeing the evidence” from every major mainstream outlet even though the documents can be authenticated by people inside and outside the CDC.
I’ve sent the documents to others on our side (just in case something happens to me).
This evidence confirms what Brian Hooker found when he analyzed the CDC autism study data that from the DeStefano paper
The Hooker paper is published in the scientific peer-reviewed literature. See the 3.86 odds ratio? See the .005 p-value? Those are damning. This is why Coleen Boyle ordered CDC scientist William Thompson to destroy the subgroup data: because they couldn’t make the signal go away so they made the data go away.
Also, the evidence I obtained shows that Coleen Boyle would have flatly refused to testify in Congress about the matter. Why would she do that if they weren’t hiding anything?
OR= 3.86 is a train wreck. It means that most of the autism in that subgroup is caused by vaccines. There is no other viable explanation of the data. If the MMR shots are safe with respect to autism, the OR values here should all be 1 because these are measure of the timing of the MMR shot which should be IRRELEVANT if the shots are safe.

How did the CDC respond to Thompson’s accusations that he was illegally ordered to destroy the documents linking the MMR vaccine and autism?
The CDC did an internal investigation and talked to the people in the room when it happened. Four of them said it didn’t happen and that Thompson fabricated the story. The CDC internal investigation determined they were right.
But my evidence chest shows that Thompson’s version is consistent with the evidence.
And the DeStefano paper itself is evidence because the 3.86 odds ratio in the data should have been disclosed in the paper. You are not allowed to do a subgroup analysis, find a signal, and then not mention it in the paper. If you think the signal is false, you then need to provide the data showing it is false. You can’t unwind the video tape and pretend it didn’t happen… that is unethical. You have to keep going down the rabbit hole.
Nobody can explain the pediatrician temporal data: the CDC switched topics when asked by a pediatrician to explain the data she observed
Pediatrician L (she didn’t want her named used until after she goes through her records EMR records manually to confirm her estimates) estimates around 180 kids in her practice had rapid onset autism. Of those, she believes the majority happened within 2 week after a vaccination visit. She never thought about looking at the actual data so it could be close to 100% of the cases. EMR systems don’t track this, so you have to manually look at each case individually.
There is no way to explain these numbers if vaccines don’t trigger autism.
When she confronted the CDC and asked them “So how do you explain this data?” they just switch topics and point to what the peer-reviewed studies showed and avoid answering the question. Real scientists never switch topics when asked to explain data. Science is about the search for truth, not dismissing data you don’t like.
Dr. L is not alone.
Doug Hulstedt did track the data. He has seen over 180 autistic kids in his 35 year career as a pediatrician. He is highly rated by his patients for his medical care. He observed 44 kids in his practice turn rapidly autistic, i.e., over span of 24 hours to a few days.
I asked Dr. Hulstedt about the timing of those 44 events… was the closest vaccination before or after the event?
He said all 44 “rapid onset” cases happened within 2 weeks after a vaccine appointment. No cases happened in the two weeks before the wellness appointment.
Could this be biased data collection? No, because the bias would be in the other direction! A doctor would be much more likely to learn of rapid-onset autism when the parent brought the child in for a vaccination for two reasons: 1. The parent would report it to the doctor during the visit and 2. Even if the parent didn’t notice it, the doctor would.
So rapid onset autism is much more likely to be noticed BEFORE a wellness appointment. So how can we explain the droves of parents that first observed autistic behaviors right after the shots?
These cases were all contemporaneously documented in their medical records and then examined afterwards.
There is not a single study in the medical literature that looked at kids with rapid onset autism and plotted the date of the vaccine that was most proximate to the event, whether it was before or after.
If vaccines don’t cause autism, there will be an equal number of cases where the “closest vaccine” to the vaccine was before vs. after the onset date.
This is why these autism studies never find a signal. They always use a methodology which is not sensitive to timing. They never use the more sensitive measure I just describe. And most pediatricians if you ask them their numbers don’t know because they don’t track it. And pretty much all of them refuse to look at what their numbers are.
Other studies showing odds ratios of around 5 when comparing fully vaccinated vs. fully unvaccinated kids
How can every study in the peer-reviewed literature that compares fully vaccinated vs. fully unvaccinated kids show very similar odds ratio for autism? Every study. No exceptions. The odds ratio in these studies is over 4. Since 99% of the kids are vaccinated, the population attributable risk (PAR) is 75% or more. In other words, most of the autism cases are being caused by the shots because we have a high ratio and because all five Bradford Hill criteria are satisfied in spades. If there is a higher likelihood explanation for the odds ratio, why isn’t anyone in the world able to show it? The attacks are all handwaving arguments without any evidentiary support whatsoever, i.e., FUD.
So the precautionary principle of medicine demands that we should presume vaccines cause autism until proven otherwise.
I independently found a very similar odds ratio when I surveyed 10,000 parents
Anyone can replicate the parent survey I did. You’ll get the same results. But nobody is willing to look.
I asked 10,000 parents to tell me about their kids and listed a huge range of chronic diseases including negative controls to validate the results.
For autism, I got an odds ratio of …
The autism studies published in the literature were designed to NOT find a signal. When errors were pointed out, the authors refuse to respond to the criticism. That is not what honest scientists do.
You can’t prove the null hypothesis
The people who claim there is no evidence in the peer-reviewed literature that vaccines cause autism are simply lying to you and the press is just repeating what they’ve heard
The bottom line here is that the press is always lying when they say vaccines don’t cause autism because you can never prove a negative. When people make that statement, they have to ignore papers in the peer review literature and doctor data and parent stories (which they can’t explain away in aggregate because they are consistent with doctor reports). At best they should say: “There hasn’t been an autism study that we “like” that found a signal.” But there is no reason not to “like” the studies that did.
Why don’t I just release it to Tucker, Rogan, etc.
Because I want 60 Minutes to cover the story and interview the CDC employees who will authenticate the evidence. They won’t do that if the story is already out in the open.
Bonus: You’ll not only receive the evidence, but also the AI interpretation of the evidence
Believe it or not, finding an honest epidemiologist is really hard these days.
So…. all the data is being fed into a neutral LLM for analysis. This will be very interesting to see what an unbiased expert thinks of the evidence, won’t it?
Summary
The party is over.
The first rule of holes is when you find yourself in one, stop digging.
It’s time for people to start telling the truth.
Will anyone in the mainstream media touch this story? We’re about to find out.
end
Great choice. He is one of the guys who knew that the vaccine was harmful. He is now top contender to NIH chief
(Lord/EpochTimes)
Jay Bhattacharya Emerges As Top Contender For NIH Chief
Monday, Nov 18, 2024 – 03:05 PM
Authored by Josph Lord via The Epoch Times (emphasis ours),
Dr. Jay Bhattacharya, a professor of health policy at Stanford University, is a top contender to lead the National Institutes of Health (NIH) in the next Trump administration, according to a source familiar with the matter.

Bhattacharya was a key figure who spoke out against COVID-19 lockdowns and mandates during the pandemic.
The consideration, first reported by The Washington Post, comes after President-elect Donald Trump named Robert F. Kennedy Jr. as his nominee for secretary of the Department of Health and Human Services, which oversees the NIH.
If Bhattacharya is ultimately nominated and confirmed to lead the agency, he would be responsible for 27 institutes and centers on issues ranging from cancer and aging to drug abuse. Those include the National Institute of Allergy and Infectious Diseases, which was formerly chaired by Dr. Anthony Fauci.
The agency’s $48 billion budget funds medical research on cancers, vaccines, and other diseases through competitive grants to researchers at institutions across the nation. The agency also conducts its own research with thousands of scientists working at NIH labs in Bethesda, Maryland.
In October 2020, Bhattacharya was a lead author of the Great Barrington Declaration alongside Harvard University’s Martin Kulldorff and Oxford University’s Sunetra Gupta. That document, which garnered hundreds of thousands of signatures, called for an end to the COVID-19 lockdowns, which had been in effect for most of 2020.
“As infectious disease epidemiologists and public health scientists we have grave concerns about the damaging physical and mental health impacts of the prevailing COVID-19 policies,” the letter reads.
In the letter, Bhattacharya and his co-authors described the COVID-19 vaccines as merely one aspect of public health policy, which they said should also focus on immunity through natural infection because of the low risks the disease posed to the young and healthy.
Bhattacharya and his co-authors were opposed to both lockdowns and mask mandates.
In emails obtained via a Freedom of Information Act request, former NIH Director Francis Collins—who left the post in December 2021 but continued to work as a science adviser to President Joe Biden—expressed concern that the declaration was “getting a lot of attention.”
“There needs to be a quick and devastating public takedown of its premises,” the October 2020 email from Collins to Fauci reads.
Bhattacharya said during an April 2022 appearance on EpochTV’s “American Thought Leaders” that COVID-19 policy was “the biggest public health mistake in history,” citing both the direct harms it caused to the economy and the indirect harms it caused to children.
Research by the University of California–Riverside released in March 2023 found that lockdowns alone contributed to a more than 5 percent dip in U.S. gross domestic product and caused a 7.5 percent dip in consumer spending.
NIH research into the effect of COVID-19 policies on children has also found that these policies caused children to miss important opportunities for crucial early socialization in the first five years of life. Since then, the NIH has found a marked increase in developmental delays, learning disabilities, and behavioral disorders in children.
Bhattacharya told The Epoch Times that these and other costs were ignored. He blamed senior health officials for this, who he said imposed a narrative of medical unanimity on how to respond to COVID-19 that didn’t truly exist.
If Bhattacharya is chosen and confirmed, he would be subordinate to Kennedy if the latter is also confirmed. Trump’s HHS secretary pick has said he would fire about 600 NIH employees on his first day.
“We need to act fast, and we want to have those people in place on Jan. 20, so that on Jan. 21, 600 people are going to walk into offices at NIH and 600 people are going to leave,” Kennedy said on Nov. 9 at the Genius Network Annual Event in Scottsdale, Arizona.
Kennedy told The Epoch Times in September that he would order the NIH to focus on the sharp increase in autism, autoimmune diseases, and neurodevelopment disorders in recent decades.
The Associated Press and Jeff Louderback contributed to this report.
GLOBAL ISSUES
MARK CRISPIN MILLER
DR PAUL ALEXANDER
| Forwarded this email? Subscribe here for moreMTG: While discussing the country’s response to the pandemic in the hearing — titled “Preparing for Future Pandemics” — Greene railed against Dr. Anthony Fauci, former chief medical advisor to POTUSBiden, claiming he “lied to the American people” by “abusing his power and position.” Greene also called out the government for its “repulsive” mask mandates; Vows Matt Gaetz Will Prosecute ThoseDr. Paul AlexanderNov 18 READ IN APP Marjorie Taylor Greene: ‘Vows Matt Gaetz Will Prosecute Those Responsible for ‘Crimes Against Humanity’ During Pandemic’‘MTG Says Matt Gaetz Will Punish “Crimes Against Humanity”Rep. Marjorie Taylor Greene (R-GA) suggested Matt Gaetz will punish those responsible for “crimes against humanity” during the Covid-19 pandemic during a hearing on Thursday. |
BOOM! POTUS Trump (47): “On day one, I will revoke Biden’s cruel polices on gender affirming care, ceasing giving kids puberty blockers and stopping surgery on minor children, cease all programs on
assigning sex & gender transition at any age, no surgeries on minor children; Trump to end government-sponsored chemical & surgical gender mutilation procedures in kids
| Dr. Paul AlexanderNov 17 |

Trump’s proposed ban and actions on day one after being sworn in include:
- Revoking Gender-Affirming Care Policies in kids, minors, no surgeries, puberty blockers etc.
- All federal agencies to end Support for Gender Transition, no taxpayer money
- Deny Medicare & Medicaid if health providers engage in gender transition surgeries etc.
- Allow doctors to be sued if they provide these gender surgeries and puberty blockers procedures on minor children; allowing kids to sue doctors who did the procedures
- Investigations of Pharmaceutical and Healthcare Providers for all the data and evidence about the devastating effects of gender transition surgeries, puberty blockers etc.
- If any teacher or school that tells a child they are trapped in their body, they will face serious legal and law consequences; loss of any federal funding
- Promote Traditional Gender Education especially as to traditional roles of males versus females
- No males to compete in female sports
- Foster the nuclear families, differences in genders, male and female ONLY genders; parental consent will be restored for any medical procedure
- No child or person will be told they are or were born in the wrong body
___
SLAY NEWS
| The latest reports from Slay NewsStudy of 2 Million Covid-Vaxxed Finds 1,236% Surge in Cardiac Arrest DeathsA major peer-reviewed study has uncovered an alarming surge in excess cardiac arrest deaths among those who received Covid mRNA “vaccines.”READ MORECanadian Cancer Patients Pressured into Euthanasia to Avoid Long Wait Lists for TreatmentCanadian government doctors have reportedly begun pressuring cancer patients to choose euthanasia rather than waiting on long lists to seek treatment from oncologists.READ MORESylvester Stallone Declares Trump the ‘Second George Washington’Hollywood legend Sylvester Stallone praised President Donald Trump while introducing the incoming POTUS at the America First Policy Institute (AFPI) Gala.READ MOREWhoopi Goldberg Claims Bakery Refused Her Service Because ‘They Didn’t Like My Politics’Co-host Whoopi Goldberg claimed on the leftist propaganda show “The View” that she was refused service from a bakery because the establishment “didn’t like my politics.”READ MOREVaccine Maker Stocks Plunge After Trump Names RFK Jr as New HHS ChiefVaccine makers have seen their stock prices take a significant plunge after President Donald Trump named Robert F. Kennedy Jr. as his nominee to lead the U.S. Department of Health and Human Services (HHS).READ MOREFeds Raid Polymarket CEO Shayne Coplan After Platform Correctly Predicted Trump’s VictoryThe Biden-Harris administration’s FBI has raided the home of Polymarket CEO Shayne Coplan a week after the betting platform predicted the landslide victory for President Donald Trump.READ MORESupreme Court Rejects First Amendment Appeal in Jan 6 CaseThe Supreme Court rejected the appeal of a Jan. 6 defendant who challenged his conviction related to charges stemming from the Capitol protests in 2021.READ MOREEx-DNC Fundraiser Blows Whistle on Media Myth of Kamala Harris’ ‘Flawless’ and ‘Incredible’ CampaignFormer Democratic National Committee (DNC) fundraiser Evan Barker has blown the whistle on the failings behind Vice President Kamala Harris’s presidential election campaign.READ MOREDennis Prager Hospitalized with Serious Back Injury After FallConservative talk show host and prolific author Dennis Prager has been hospitalized after suffering a fall.READ MOREClinton Strategist James Carville: Democrats Cannot ‘Tolerate Lies’Veteran Democrat Strategist James Carville has claimed that his party is “constrained by the truth” and “won’t tolerate lies.”READ MORELiberal Actress Eva Longoria Leaves ‘Dystopian’ America, Blames ‘Homelessness’ & ‘Taxes’Liberal Hollywood actress Eva Longoria has left “dystopian” America and moved to Spain and Mexico.READ MORELara Trump Tipped to Fill Marco Rubio’s Senate Seat: ‘I Would Love to Serve the People of Florida’Speculation is mounting that Florida Gov. Ron DeSantis could choose Republican National Committee (RNC) Co-Chair Lara Trump to replace Sen. Marco Rubio (R-FL) in the U.S. Senate.READ MOREAlex Jones’ Infowars Bought by Satire Website The OnionAlex Jones’s Infowars has been bought by satirical news website The Onion during a forced bankruptcy auction, according to reports.READ MORE |
EVOL NEWS
| LATEST NEWS: |
| Watch: Top Political Insider Mark Halperin Suggests Gaetz, RFK ‘Likely’ to Be Confirmed – EVOLREAD MORE… |
| LATEST NEWS: |
NEWS ADDICTS
| The latest reports from Slay News |
| Japan Raises Alarm over Surge in Sudden Anaphylactic Shock Deaths Among Covid-VaxxedJapanese medical investigators have issued a chilling warning after linking Covid mRNA “vaccines” to surges in anaphylaxis cases and sudden anaphylactic shock deaths.READ MORE |
| UK Government to Fund Bill Gates’ Geoengineering Experiments to Fight ‘Global Warming’ by Cooling EarthThe UK government has revealed that British taxpayers will be funding controversial experiments that supposedly seek to tackle “global warming” by blocking sunlight to cool the Earth.READ MORE |
| Obama Set Precedent for Trump to Use Recess AppointmentsPresident Donald Trump has faced a furious backlash from Democrats for wanting to fill his Cabinet through recess appointments.READ MORE |
| Kamala Harris Pulled Out of Joe Rogan Interview over Fears of Backlash from LeftistsOne of the many key failings of Democrat nominee Kamala Harris’s doomed presidential campaign was the vice president’s refusal to appear on Joe Rogan’s massive podcast.READ MORE |
| Senate Republicans Warn FBI and AG to Preserve Jack Smith’s Records on Trump ‘Investigations,’ Cite ‘Improper Conduct’Senate Republicans have warned the Biden-Harris administration’s Department of Justice (DOJ) to preserve all of Special Counsel Jack Smith’s records on the prosecution of President Donald Trump.READ MORE |
| California Officials ‘Take Pride’ as 1.7 Million Ballots Uncounted over a Week After Election Day: ‘We Are Not Rushed’More than a week after Election Day, California still has over 1.7 million ballots that are yet to be counted.READ MORE |
| Biden Faces Pressure to Mass-Pardon Death Row InmatesAs he faces the end of his one-term lame-duck presidency, President Joe Biden is coming under pressure to mass-pardon death row inmates.READ MORE |
| Bill Clinton Admits Flying on Jeffrey Epstein’s ‘Lolita Express’ Private Jet: ‘I Wish I Had Never Met Him’Former President Bill Clinton has claimed in his new book that he regrets his relationship with the late Democrat megadonor Jeffrey Epstein.READ MORE |
| Chuck Grassley: FEMA Acted ‘Politically Hostile’ Toward Americans, ‘Contrary’ to Its ‘Taxpayer-Supported Mission’Republican Senator Chuck Grassley (R-IA) has blasted the Biden-Harris administration’s Federal Emergency Management Agency (FEMA) for acting “politically hostile” toward American citizens.READ MORE |
| Chicago Tribune Torches Kamala Harris for Paying Celebrities for EndorsementsNews outlet The Chicago Tribune has blasted Vice President Kamala Harris for paying Oprah Winfrey and other high-profile celebrities huge sums of campaign cash for their public endorsements of her failed presidential run.READ MORE |
| Scientific American Editor Out After Smearing Trump Voters as ‘Fascists’Scientific American’s editor has now parted ways with the “science” outlet after triggering a backlash by smearing President Donald Trump’s voters as “fascists.”READ MORE |
| Watch: Top Political Insider Mark Halperin Suggests Gaetz, RFK ‘Likely’ to Be ConfirmedMark Halperin, the well-sourced Washington, D.C. journalist who has crawled the halls of power for decades, said on Friday that he believes it is “likely” that all of President-elect Donald Trump’s most controversial appointments will be confirmed by the U.S. Senate. Speaking on 2WayTV, the “Game Change” journalist cited Trump winning the popular vote as a factor that may “change …READ THE FULL REPORT |
| Rand Paul Secures Powerful New Gig on Capitol HillSenator Rand Paul, the Kentucky Republican known for his libertarian streak and vocal critiques of federal overreach, will assume the chairmanship of the Senate Homeland Security and Governmental Affairs Committee starting in January. The announcement comes as the GOP prepares to wield its majority in the chamber, positioning Paul to oversee a wide array of issues ranging from national security …READ THE FULL REPORT |
| NYC Mayor Adams utterly SCHOOLS The View leftists when asked about RFK Jr. leading HHS and it is magnificentNew York City Mayor Adams was on ABC’s The View this morning and utterly schooled show’s leftists when asked about RFK Jr. leading President-elect Trump’s HHS. Seriously, it was awesome the way he dismantled their ‘outrage’ talking points over RFK Jr. Watch below: Here’s portions of the transcript from Eric Daugherty: “Executives will nominate and bring in those who they …READ THE FULL REPORT |
| X Sees Return of Major Advertisers as NewsGuard & ‘Boycott Cartel’ Come Under Fire from FCCWhile Mark Cuban and other sore losers are leaving X to shout into the void, several major advertisers have returned to the platform. Comcast, IBM, Disney, Warner Brothers, Discovery and Lionsgate Entertainment have all resumed ad spending on the social media giant – albeit this is more of a toe-dip than a full recommitment. According to Adweek, the brands collectively …READ THE FULL REPORT |
| Who’s the Leaker in the Trump Transition Team?Who is the leaker in the Trump Transition team? Vanity Fair on Thursday evening, citing a “transition source,” dropped a hit piece on Pete Hegseth, President Trump’s nominee for Defense Secretary. Citing two sources, Vanity Fair reported that Trump’s newly appointed Chief of Staff, Susie Wiles, was briefed about a sexual misconduct allegation involving Pete Hegseth. “Donald Trump’s transition team …READ THE FULL REPORT |
MICHAEL EVERY/PHIL MAREY/OR OTHER EXECS //RABOBANK
“We Are Going To Get Lots More Escalation On Multiple Fronts Ahead… And It Is Unclear How We Then Deescalate”
Monday, Nov 18, 2024 – 12:25 PM
By Michael Every of Rabobank
Escalate (…to deescalate?)
Last week saw a plausible(?) Powell Pause and Collins say a December cut wasn’t a done deal: only gool ‘ol Goolsbee was left to sell the usual “RATE CUTS!” mantra to fretful markets. Imagine if someone other than him were to start suggesting the risks of a possible US rate hike: talk about hypothetical escalation in Treasury market volatility!
There’s escalation in the search for a US Treasury Secretary too. Kudlow is out, Lutnick’s self-promotion may be backfiring, Bessent is still in, and now Senator Hagerty, Apollo Global CEO Rowan, former FOMC voter Kevin Warsh, and even Robert Lighthizer are being floated. Can you imagine the market reaction if Lighthizer gets the nod? Moreover, while Warsh was pro-trade in the past, which markets like but clashes with Trumponomics, he was withering on TV a few weeks ago about “the Fed wandering into politics on a permanent basis…for all seasons and all reasons” via zero rates and QE, saying they have “a framework that is unanchored.” Is a ‘higher for longer’ voice at Treasury an even less palatable thought for markets (and Trump?) than tariffs?
BOJ Governor Ueda just refused to say if he backs a rate hike in December: and boom! USD/JPY moved from 153.87 to 155.11 before settling down around 154.9 again. You didn’t even have time to spell out ‘escalate’ and ‘deescalate’ before the market leaped.
In geopolitics, the world just saw a meaningless-hugs APEC summit where China’s Xi took centre stage for the photo (due to alphabetical arrangement: but one alpha next time is going to say that things need to run “A, B, C, T”). However, there were two important developments.
- First, the US and China agreed that they won’t allow AI to control nuclear weapons, just humans; Skynet was just averted as long as the Russians sign up too.
- Second, China warned the US it still has four non-negotiable red lines: Taiwan, democracy, human rights, and China’s right to development. If the US arms Taiwan more, expect escalation; if the US tries to push back against the CCP, expect escalation; and if the US tries to limit China’s rise -e.g., via tariffs- expect escalation. Let me make a bold forecast: expect escalation.
China already said from 1 December it will tighten export controls on “dual use” materials such as tungsten, graphite, magnesium, and aluminum alloys commonly used in tech supply chains. (Recall the “strategic goods fallacy” noted in my report on economic statecraft: everything can be ‘strategic’.) As with recent Chinese sanctions on goods supplied to a US drone maker, physical supply chains are weaponised. Now imagine a surge in US goods demand around/ahead of tariffs, and a deliberate reduction in Chinese supply.
In parallel, Russia announced a ban on the export of enriched uranium just as the US, and world, realises it needs to go nuclear again rapidly: it will now only go to “friendly countries” like India, Iran, and China. Russia also just stopped selling piped natural gas to Austria.
Europe is grappling with “conclusive” proof of armed drones for Russia made in China, a stated red line for the EU; or an opportunity for it to show it buckles under pressure. Might it fudge and pretend Beijing knows nothing about these drones rather than taking tough trade and sanctions actions ahead of an imminent “moment of acceleration” where “With a [US] tariff wall … if you are a friend, you are in. If you are not a friend, you are out. And I am going to judge you on whether you want to be a friend,” as Draghi put it.
Of course, in statecraft, escalation doesn’t have to stay in the field of economics. Reports are that North Korea may now send as many as 100,000 soldiers to fight in Ukraine, which would be an enormous help to Russia, regardless of what they might be watching on their mobile phones when they get there.
In response, President Biden has lifted the ban on US long-range missile systems in Ukraine being used against targets deep inside Russia proper. President Putin has previously stated he would consider this as the US itself being at war with Russia. If this US policy successfully deescalates the war instead, it will show the White House decision not to do so years ago -at the cost of hundreds of thousands of lives- was completely wrong; moreover, the likelihood would rise of much more US escalation in many more places to reassert its primacy. Yet if this policy just escalates the war here, or somewhere else later, everything obviously gets worse: we just don’t know how/how much. As the first long-range Ukrainian missile attack on Russia is now expected within days, we won’t have to wait long: I reiterate Russia’s response can be across fields, not just in the fields of this awful war.
In another conflating and escalating war, reports have it US “major non-NATO ally” Qatar (though some in Team Trump may debate each of those words) has kicked Hamas leadership out… and they have moved to US major NATO ally Turkey: let’s see how that works out for them after previous clashed over S-400s and F-35s, among other things. Let’s also ask what might happen if Israel were to go after Hamas in Turkey, which could be seen as an attack on a NATO country…
Team Trump has said that from day one, it will aim to crush the Iranian economy: presumably no large benefits given to Tehran this time, and sanctions on oil will actually be enforced – which could create further stand-offs with China, and maybe India.
Nearby, the Houthis are displaying weapons the Pentagon describes as “amazing”, which doesn’t suggest the Red Sea/Suez are going to be back on line for global trade any time soon. A new approach will be needed. A key maritime voice is suggesting an “America First” response to the Houthis would be for a large US naval taskforce to escort solely US-flagged commercial vessels safely through the region/Suez. This would show the benefits of having a US flag, and paying US tax, protected by a US Navy that until now has policed the world’s seas for all ocean carriers at a high cost to the US taxpayer and no geoeconomic or geostrategic benefit to the US in a mercantilist world. As I wrote in 2021, assuming such a naïve navy approach would last forever would leave those reliant on global maritime trade –but with no navy– In Deep Ship.
Relatedly, some claim Trump is preparing a root-and-branch shake-up of the Pentagon: strategy, tactics, operations, personnel (including charges against those responsible for the Afghanistan retreat debacle), and murky accounts. As I have noted already, there is little sign of BAU anywhere in this emerging admin.
What a fun backdrop for the G20 meeting to be held today in Brazil: free trade and free hugs anyone?
It’s clear we are going to get lots more escalation on multiple fronts ahead: it isn’t yet clear how we can then deescalate again – but one travels in hope.
END
7.OIL AND NATURAL GAS ISSUES/GLOBAL
Gazprom Cuts Gas To Austria Off, Just In Time For Winter
Saturday, Nov 16, 2024 – 09:20 AM
Authored by Julianne Geiger via OilPrice.com,
Russia’s Gazprom PJSC has decided to play its favorite game: pipeline politics.
Starting November 16, Austria is off the guest list for Russian natural gas, following a €230 million ($242 million) arbitration spat between Gazprom and Austria’s OMV AG. OMV, refusing to let that cash slip away, decided to withhold payments to Gazprom.

As one might have guessed, that ended poorly.
Unsurprisingly, European gas prices didn’t take the news well. Futures climbed 2.7% to €47.49 per megawatt-hour, as traders braced for yet another disruption in a continent that’s seen enough energy drama already.
Europe’s gas supply has been teetering on a knife’s edge since the 2022 energy crisis, with any whiff of trouble sending markets into a frenzy.
To OMV’s credit, they’re keeping calm and carrying on.
The company has proffered assurances that it will still be able to meet supply obligations through “alternative sources”—clear evidence that Europe’s increasingly interconnected gas network means that Austria is no longer entirely at Gazprom’s mercy.
Still, the timing stings, with winter breathing down Europe’s neck.
Even the mere hint of a supply squeeze has governments nervous about heating bills and energy security.
Gazprom’s move is a reminder of Russia’s waning-but-still-potent energy influence in Europe. Sure, the continent has spent the last two years diversifying its energy sources—snapping up LNG cargos and tapping alternative pipelines—but Gazprom’s ability to cause a stir is alive and well.
As Europe’s heating season kicks off, this spat between Gazprom and OMV highlights just how fragile the energy landscape remains.
If nothing else, it’s a timely reminder for Europe to keep working on those contingency plans—and maybe stockpile a few extra blankets. Winter is here, and with it, more geopolitical games.
The news comes as Gazprom raised in October its 2024 investment plans by 4% to $16.9 billion, and as Europe’s benchmark natural gas prices surged on Thursday to the highest levels since last November.
8. EMERGING MARKETS//AUSTRALIA NEW ZEALAND ISSUES//
CANADA
END
YOUR EARLY CURRENCY/GOLD AND SILVER PRICING/ASIAN CLOSING MARKETS AND EUROPEAN BOURSE OPENING AND CLOSING/ INTEREST RATE SETTINGS MONDAY MORNING 6;30AM//OPENING AND CLOSING
EURO VS USA DOLLAR: 1.0537 UP 0.0007
USA/ YEN 155.09 UP 0.994 NOW TARGETS INTEREST RATE AT 1.00% AS IT WILL BUY UNLIMITED BONDS TO GETS TO THAT LEVEL…//YEN STILL FALLS//END OF YEN CARRY TRADE BEGINS AGAIN OCT 2024/Bank of Japan raises rates by .15% to 1.15..UEDA ENDS HIKING RATES AND NOW CARRY TRADES RE INVENTS ITSELF//
GBP/USA 1.2623 UP 0.0011
USA/CAN DOLLAR: 1.4089 UP 0.0016 (CDN DOLLAR DOWN 16 BASIS PTS)
Last night Shanghai COMPOSITE CLOSED DOWN 6.88 PTS OR 0.21%
Hang Seng CLOSED UP 150.23 OR 0.27%
AUSTRALIA CLOSED UP 0.18%
// EUROPEAN BOURSE: ALL RED
Trading from Europe and ASIA
I) EUROPEAN BOURSES: ALL RED
2/ CHINESE BOURSES / :Hang SENG CLOSED UP 150.23 PTS OR 0.27%
/SHANGHAI CLOSED DOWN 6.88 PTS OR 0.21%
AUSTRALIA BOURSE CLOSED UP .18%
(Nikkei (Japan) CLOSED DOWN 422.01 PTS OR 1.09%
INDIA’S SENSEX IN THE RED
Gold very early morning trading: 2591.20
silver:$30.21
USA dollar index early MONDAY morning: 106.72 UP 10 BASIS POINTS FROM FRIDAY’s CLOSE.
MONDAY MORNING NUMBERS ENDS
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
And now your closing MONDAY NUMBERS 1: 30 AM
Portuguese 10 year bond yield: 2.829% UP 4 in basis point(s) yield
JAPANESE BOND YIELD: +1.069% UP 0 AND 6/ 10 BASIS POINTS /JAPAN losing control of its yield curve/
SPANISH 10 YR BOND YIELD: 3.088 UP 3 in basis points yield
ITALIAN 10 YR BOND YIELD 3.593 UP 3 points in basis points yield ./ THE ECB IS QE’ ING ITALIAN BONDS (BUYING ITALIAN BONDS/SELLING GERMAN BUNDS)
GERMAN 10 YR BOND YIELD: 2.388 UP 3 BASIS PTS
END
IMPORTANT CURRENCY CLOSES : FRIDAY
Closing currency crosses for day /USA DOLLAR INDEX/USA 10 YR BOND YIELD/1:00 PM
Euro/USA 1.0563 UP .0033 OR 33 basis points
USA/Japan: 155.03 UP 0.944 OR YEN IS DOWN 94 BASIS PTS//
Great Britain 10 YR RATE 4.4940 DOWN 3 BASIS POINTS //
Canadian dollar UP 6 OR 6 BASIS pts to 1.4068
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
The USA/Yuan, CNY ON SHORE CLOSED DOWN 7.2393 (ON SHORE)
THE USA/YUAN OFFSHORE: (YUAN CLOSED (DOWN)…. (7.2424)
TURKISH LIRA: 34.55 EXTREMELY DANGEROUS LEVEL/DEATH WATCH/HYPERINFLATION TO BEGIN.//
the 10 yr Japanese bond yield at +1.069
Your closing 10 yr US bond yield UP 4 in basis points from FRIDAY at 4.469% //trading well ABOVE the resistance level of 2.27-2.32%)
USA 30 yr bond yield 4.655 UP 6 in basis points /11:00 AM
USA 2 YR BOND YIELD: 4.314 UP 1 BASIS PTS.
GOLD AT 11;00 AM 2608,95
SILVER AT 11;00: 31.21
Your 11:00 AM bourses for Europe and the Dow along with the USA dollar index closing and interest rates: MONDAY CLOSING TIME 11:00 AM//
London: CLOSED UP 45.71 PTS OR 0.67%
German Dax : CLOSED DOWN 21.62 OR 0.11%
Paris CAC CLOSED UP 8.60 PTS OR 0.12%
Spain IBEX CLOSED UP 38.90 OR 0.33%
Italian MIB: CLOSED DOWN 433.46 OR 1.29%
WTI Oil price 69.57 12 EST/
Brent Oil: 72.30 12:00 EST
USA /RUSSIAN ROUBLE /// AT: 100.25 ROUBLE DOWN 0 AND 24/100
GERMAN 10 YR BOND YIELD; +2.3870 UP 3 BASIS PTS.
UK 10 YR YIELD: 4.4940 DOWN 3 BASIS POINTS
CDN 10 YEAR RATE: 3.308 UP 4 BASIS PTS.
CDN 5 YEAR RATE: 3.106 UP 2
CLOSING NUMBERS: 4 PM
Euro vs USA 1.0595 UP 0.0065 OR 65 BASIS POINTS
British Pound: 1.2676 UP 0.0063 OR 63 basis pts
BRITISH 10 YR GILT BOND YIELD: 4.4600 DOWN 1 BASIS PTS//
JAPAN 10 YR YIELD: 1.069
USA dollar vs Japanese Yen: 154.62 UP .525 BASIS PTS// HEADING FOR 160 TO THE DOLLAR
USA dollar vs Canadian dollar: 1.4017 DOWN 0.0056 CDN dollar DOWN 56 BASIS PTS
West Texas intermediate oil: 69.19
Brent OIL: 73.37
USA 10 yr bond yield DOWN 3 BASIS pts to 4.4160
USA 30 yr bond yield UP 1 BASIS PTS to 4.611%
USA 2 YR BOND: DOWN 3 PTS AT 4.282
CDN 10 YR RATE 3.301 UP 1 BASIS PTS
CDN 5 YEAR RATE: 3.125 DOWN 0 BASIS PTS
USA dollar index: 106.17 DOWN 45 BASIS POINTS
USA DOLLAR VS TURKISH LIRA: 34.60 GETTING QUITE CLOSE TO BLOWING UP/
USA DOLLAR VS RUSSIA//// ROUBLE: 99.75 UP 0 AND 25/100 roubles
GOLD 2,610.15 3:30 PM
SILVER: 31.15 3:30 PM
DOW JONES INDUSTRIAL AVERAGE: DOWN 55.39 PTS OR 0.13%
NASDAQ UP 146.55 PTS OR 0.72%
VOLATILITY INDEX: 15.59 UP 0.55 PTS OR 3.41%
GLD: $241.69 UP 4.50 OR 1.90%
SLV/ $28.38 UP 0.81 OR 2.94%
TORONTO STOCK INDEX// TSX INDEX:DOWN 171,84 PTS OR 0.69%
end
USA AFFAIRS
USA TRADING TODAY IN GRAPH FORM
Bitcoin, Bullion, Black Gold, & Bonds Bid As ‘Trump Trade’ Builds
Monday, Nov 18, 2024 – 04:00 PM
A slow start (volume-wise) with light macro this week dominated by heavy micro with NVDA’s earnings on Wednesday after the close.
Vol markets are already pricing some notable moves – but also then the normalization into the holidays as seasonals help…

Source: Bloomberg
On the bright side from the equity bulls, Nasdaq broke its 5-day losing streak today (while The Dow ended red)…

The ‘Trump Trade’ continues to build momentum, holding its post-election spike gains (Republican policy basket / Democrat policy basket)…

Source: Bloomberg
Cyclicals continue to outperform Defensives post-election…

Source: Bloomberg
GLP-1 weakness continues with the group down for the 5th straight session as near-term catalysts + RFK overhang remain headwinds…

Source: Bloomberg
…pushing Goldman’s MAHA-exposed basket down to multi-year lows…

Source: Bloomberg
In the short term – since the election – trannies are trouncing tech…

Source: Bloomberg
But longer-term, drilling down, semis are slamming planes, trains, and automobiles…

Source: Bloomberg
Treasury yields pumped and dumped AGAIN with the belly of the curve outperforming (yields were lower across the whole curve on the day). The overnight Asia session was flat but Europe saw selling which was then dominated by buying during the US session…

Source: Bloomberg
Crypto markets were volatile (as always) today with bitcoin chopping between $89500 and $92500…

Source: Bloomberg
…but all in all holding up well on the post-election gains…

Source: Bloomberg
Side-note – DJT rumored to buy BKKT…

However, crypto continues to dominate gold post-election…

Source: Bloomberg
But the barbarous relic did surge today…

Source: Bloomberg
While WTI futures front-month soared higher today…

Source: Bloomberg
…A key oil market gauge is flashing signs of oversupply in the US, in the latest indication of a looming global glut. The so-called prompt spread — which measures the difference in price between futures for immediate delivery and those a month later — traded in negative territory for the first time since February.

Source: Bloomberg
Finally, it’s not over yet if history is any precedent…

Source: Goldman Sachs
Goldman’s Pete Callahan notes that during the market rotations around 2016 and 2024 elections, cyclicals sharply outperformed Defensives around the election while domestic facing stocks outperformed international facing stocks by a smaller magnitude.
Trade accordingly.
MORNING TRADING
II USA DATA
III USA ECONOMIC NEWS
wow! this is going to get interesting
(zerohedge)
Trump Team Weighs Courts-Martial For Officers Who Oversaw Afghanistan Withdrawal
Sunday, Nov 17, 2024 – 02:35 PM
Donald Trump’s transition team is making a list of senior military officers who oversaw the disastrous 2021 withdrawal of US forces from Afghanistan, and considering the possibility of court-martialing them for their failings, according to two sources cited by NBC News.
“They’re taking it very seriously,” said a source who claims to have knowledge of the initiative. The most notorious incident of the chaotic withdrawal was the Aug. 26, 2021 suicide bombing at Abbey Gate, just outside Hamid Karzai International Airport in the Afghan capital, Kabul. Thirteen US service members and more than 170 Afghan civilians were killed. In the following days, a US airstrike intended to kill the leader of the Islamic State instead killed 10 innocents. The rapid collapse of the US-sponsored Afghanistan government allowed enormous quantities of US weapons to fall into the hands of the Taliban.

Trump repeatedly pointed to the Afghanistan withdrawal debacle during his 2024 presidential campaign, calling the day of the suicide bombing “the most embarrassing day in the history of our country.” Now, his transition team is exploring the creation of a commission to probe the decision-making that accompanied the withdrawal and to assess whether leaders could be charged and court-martialed. The team is even said to be considering whether officers who’ve left the military might be recalled to active duty to face military justice.
Potential charges include treason, a notion that seems far more rooted in casual use of the term than any reasoned legal analysis. Perhaps one might try to make the case that the forfeiture of a vast arsenal to the Taliban gave “aid and comfort” to enemies of the United States, but it seems highly doubtful such an argument would prevail in a court-martial. Alternatively, charges could theoretically be brought under provisions of the Uniform Code of Military Justice covering dereliction of duty, conduct unbecoming an officer, or negligent homicide.
Pete Segseth, the Fox news host whom Trump wants to appoint as Secretary of Defense, has leveled his own withering criticism at senior miltary officers. In his book “The War on Warriors,” he wrote:
“These generals lied. They mismanaged. They violated their oath. They failed. They disgraced our troops, and our nation. They got people killed, unnecessarily…And, to this moment, they keep their jobs. Worse, they continue to actively erode our military and its values — by capitulating to civilians with radical agendas. They are an embarrassment, with stars still on their shoulders.”
According to NBC’s sources, the transition team’s Afghanistan accountability initiative is being led by Matt Flynn, who’d previously served as deputy assistant secretary of defense for counternarcotics and global threats. A North Carolina Army National Guard member, he has also held roles at the Department of the Interior, the White House, Department of State and Congress.

News of the potential prosecution of senior officers comes after earlier reports that the Trump transition team would establish a “warrior board” of retired senior military personnel which would be granted the power to review three- and four-star officers and recommend any removals of those deemed unfit for leadership. Such a board would likely target generals and admirals who’ve embraced woke ideology and diversity, equity and inclusion initiatives.
END
USA/HUMOUR OF THE DAY
Pentagon fails again for its 7th in a row audit. They aim for a clean audit in 2028
((Ozimek/EpochTimes)
Pentagon Fails 7th Audit In Row, Aims For Clean Audit In 2028
Monday, Nov 18, 2024 – 05:00 AM
Authored by Tom Ozimek via The Epoch Times,
For the seventh year in a row, the Department of Defense (DOD) has failed its annual financial statement audit, a massive undertaking meant to ensure accountability for its $3.8 trillion in assets and $4 trillion in liabilities.

Despite the setback, Pentagon officials highlighted incremental progress and reaffirmed their commitment to securing a clean audit opinion by 2028.
The latest results, released on Nov. 15, confirmed that the DOD, once again received a disclaimer of opinion, meaning auditors could not provide assurance over the completeness and accuracy of the Pentagon’s financial records.
This year’s audit, like the six before it, exposed persistent challenges in the DOD’s financial management systems.
Teams of auditors conducted hundreds of site visits, assessing how the DOD manages taxpayer dollars across its operations, which span more than 4,000 sites in more than 160 countries.
Of the 28 sub-audits conducted across Pentagon entities that undergo standalone financial statement audits, only nine received unmodified (clean) opinions. Another entity received a qualified opinion, while 15 entities were issued disclaimers. Three audit opinions remain pending.
Secretary of Defense Lloyd Austin said that, while some progress was made in this year’s annual audit, challenges remain.
“There are several areas where we need to work harder and achieve better results,” Austin said in a statement.
Critical improvements are needed in areas such as improving efficiency and property valuation, increasing accountability, capturing all accounting system transactions, and modernizing the Pentagon’s financial systems, he said.
The audit report revealed that the Pentagon reported a Fund Balance with Treasury (FBWT) of $855.5 billion but failed to perform accurate and timely reconciliations, increasing the risk of material misstatements.
Key issues noted in the report include unresolved variances and inadequate internal controls in reconciliation processes.
The Pentagon also reported $452.1 billion in General Equipment and Internal Use Software but failed to provide adequate documentation or controls to support its valuation, raising the risk of inaccuracies in its financial statements.
To address these shortcomings, auditors recommended enhanced monitoring, timely variance resolution, and implementing standardized processes to ensure compliance with accounting standards.
Austin said although “significant strides” have been made this year, more work needs to be done. He expressed confidence that the Pentagon will achieve a passing grade in 2028.
“We are determined to reach this milestone. I have zero tolerance for fraud, waste, and abuse—in the Pentagon or elsewhere in the Department,” he said.
Despite failing to pass the annual audit, the Pentagon has made progress in resolving key material weaknesses identified in prior audits, according to Mike McCord, the DOD’s chief financial officer. McCord singled out the U.S. Marine Corps’ unmodified audit opinion—a first for the branch—as a model of success driven by high-level leadership and sustained effort.
“We expect this same commitment from the leaders of the other Military Services,” McCord said in a statement.
The Pentagon also closed its DOD-wide Contingent Legal Liabilities material weakness and made progress in other critical areas, with 19 material weaknesses closed or downgraded in 2024, including improvements in Fund Balance with Treasury reporting, according to McCord.
To meet the 2028 deadline for an unmodified opinion, McCord said the Pentagon will focus on addressing the root causes of its most significant material weaknesses.
He emphasized the importance of training initiatives across the Pentagon’s financial management workforce to close essential skills gaps, while leveraging advanced technologies, such as machine learning and robotic process automation, to increase data reliability and streamline financial processes.
END
TENNESSEE
Biden is nuts to allow these gang members to enter the USA
(zerohedge)
Violent Venezuelan Gang Tren De Aragua Resurfaces In Tennessee
Sunday, Nov 17, 2024 – 10:45 PM
The notorious Venezuelan gang Tren De Aragua (TDA) has taken root in Tennessee’s major cities, bringing its brutal brand of crime and violence to the Volunteer State, Tennessee Bureau of Investigation (TBI) Director David Rausch warned this week during a budget hearing with Governor Bill Lee.

According to Rausch, the violent gang known for its brazen disregard for law enforcement, has returned to Memphis, Nashville, Knoxville, and Chattanooga – Tennessee’s four largest cities – after first being detected two years ago during a human trafficking bust.
“We uncovered a group here in a human trafficking operation, and in that operation we recognized a number of the members here trafficking females that they had abducted from Venezuela and brought here,” Rausch said.
While initial arrests scattered some members of the gang, Rausch said they are now back and expanding their operations.
“Now what we are seeing is they are back,” Rausch continued. “They are running human trafficking operations. That’s where they start.”
Human Trafficking to Drug Wars: A Deadly Evolution
According to Rausch, TDA has a pattern of establishing themselves through human trafficking, then moving into organized retail theft and eventually drug trafficking, which often leads to bloody turf wars with other criminal organizations, including drug cartels.
“They have a pathway of violence, and we want people to be aware of that,” Rausch cautioned. “They will battle for the drug trafficking in communities.”

The gang’s reputation for extreme violence sets it apart, with members showing little fear of taking on law enforcement.
“They are very violent toward policing – they have no respect for law enforcement” Rausch said. “They will fight, and they will attack police.”
A Border Crisis with Local Consequences
Governor Lee responded to Rausch’s warning by emphasizing the broader implications of gang activity linked to border security.
“The border crisis is exactly why Americans voted for change. It’s not political—it’s about safety and security,” Lee said in a post on X (formerly Twitter) on Nov. 15. “Tennessee will support [President-Elect Donald Trump] as he secures our border while delivering key resources for [the TBI] to stop illegal criminals from operating in our state.”
Rausch later released a video statement urging Tennesseans to stay vigilant, though he reassured residents that they need not fear imminent danger in their neighborhoods.
“We want the public to be diligent as always in paying attention in their communities for signs of things like human trafficking,” Rausch said, pointing citizens to resources for identifying and reporting suspicious activity.
A National Threat
Rausch also noted that TDA’s presence isn’t limited to Tennessee. During meetings with the Association of State Criminal Investigative Agencies, other states reported similar encounters with the gang, further underscoring the nationwide nature of the threat.
“They are all over the place, governor, it’s not just Tennessee,” Rausch said. “This is not a unique situation.”
The TBI has ramped up efforts to monitor the gang, sharing intelligence with local law enforcement agencies and educating police on how to identify and approach gang members. However, Rausch acknowledged that some local departments might not yet realize TDA is operating in their jurisdictions.
“There are times where they may be unaware of actors that may be moving in and out of their area that we are tracking,” Rausch said.
Stopping the Violence Before It Spreads
Rausch’s priority is clear: halt TDA’s operations before they escalate into full-scale violence.
“What we don’t want to happen is to see them move into those next phases,” Rausch stated. “We want to stop them where they are right now, and that’s why we’re raising the issue.”
With the TBI on high alert and the governor promising resources, Tennessee is bracing itself for the fight against Tren De Aragua, a gang that thrives on chaos but may have underestimated the resolve of its new battleground.
The Epoch Times contributed to this report
end
Trump To Declare National Emergency To Conduct Mass Deportations
Monday, Nov 18, 2024 – 10:05 AM
President-elect Donald Trump confirmed Monday that he will declare a national emergency to carry out mass deportations.

In response to Judicial Watch president Tom Fitton’s post on Truth Social that Trump was “prepared to declare a national emergency and will use military assets to reverse the Biden invasion through a mass deportation program,” Trump replied “TRUE!!”

“On day one, I will launch the largest deportation program … in the history of our country,” Trump said at one of his final campaign events in Pittsburgh on Nov. 4, a day before the election. “I will rescue every city and town that has been invaded … and we will put the vicious and bloodthirsty criminals in jail.“
Officially, there are an estimated 11 million illegal migrants living in the US (and some say upwards of 20 million) who entered the country during the Biden administration. Trump has tapped Tom Homan, former acting head of Immigration and Customs Enforcement (ICE), to serve as his “border czar,” as well as South Dakota Gov. Kristi Noem as his secretary of the Department of Homeland Security (DHS) to secure the border and expel those living in the country illegally.
Homan said last weekend that he will prioritize “the worst first” in targeted deportations.
Immigration advocates, meanwhile, are preparing to counter Trump in court, Axios reports.
“We’re ready to fight” mass raids and deportations “both at the legal level, at the advocacy level, and (by) going to the streets,” according to Maribel Hernández Rivera, director of policy and government affairs for border and immigration at the American Civil Liberties Union (ACLU).
“One of the things that we strongly believe is that when the American people realize what this threat means, they’re not going to go for it.”
That said, Trump’s team is looking to craft executive orders that can withstand legal challenges in order to avoid a similar defeat to his first-term Muslim ban, Politico reports. The incoming administration also plans to end the parole program for undocumented immigrants from Cuba, Haiti, Nicaragua and Venezuela.
Trump’s 2017 executive order on border security, signed on Jan. 25, 2017, directed the Department of Homeland Security to close the border and to take several other immediate steps, including building more sections of the U.S.–Mexico border wall and adding 5,000 Border Patrol agents.
That initial order also called for revamping the way that the government handled illegal immigrants’ asylum claims, detentions, and deportations.
END
“Precedent… Doesn’t Matter Anymore”: Democrats Dispense With Pretenses & Principles In Pennsylvania
Monday, Nov 18, 2024 – 01:05 PM
“People violate laws any time they want.”
Those words, shrugging off an alleged unlawful move last week, did not come from some Chicago gangbanger or Washington car thief. Those words of wisdom came from Democrat Commissioner Diane Marseglia in Bucks County, Pennsylvania.
They came in response to the fact that the Democratic majority on the election commission had decided to ignore a binding state Supreme Court ruling in an attempt to engineer the election of Democratic incumbent Sen. Bob Casey (D-Pa.).

Rather than prompting a degree of introspection, the loss of both houses of Congress and the White House has had a curious effect on many Democrats, dropping any pretense of protecting democracy over partisanship.
Despite polls showing that the public trusted former president Donald Trump more than Vice President Harris in combating threats to democracy, Democrats made “saving democracy” the thrust of this election.
The polls reflected a certain common sense of the public when harangued with predictions from President Biden, Harris and a host of politicians and pundits warned that this would likely be our last election. Few believed that after over two centuries as the most stable and successful democracy in history, all three branches would collapse in unison and embrace dictatorship. Even fewer believed the predictions of the rounding up of homosexuals, journalists and political critics for camps in what some described as an American Third Reich.
American voters are not chumps and what they saw were strikingly anti-democratic positions from those claiming to be the defenders of democracy, including:
- Seeking to strip Trump from ballots under an unfounded theory rejected unanimously by the Supreme Court.
- Fighting to block opponents of Biden from ballots in the primary and general elections.
- Suing to keep Robert F. Kennedy on ballots after his withdrawal in swing states, in order to confuse voters and reduce the vote for Trump.
- Calling for blocking dozens of incumbent GOP officials and legislators from ballots as “insurrectionists.”
- “Protecting democracy” through the most extensive censorship in history and the blacklisting of opponents.
- Engaging in open and raw lawfare in the prosecutions of Trump in places like New York.
Each of these efforts ultimately failed to stop Trump and was opposed by a majority of voters even before the election. So now, Democrats are dropping the pretense for open partisanship.
That was evident in Bucks County, when a motion arose to reject a challenge to count provisional ballots, including undated or invalidly dated mail ballots.
It should have been easy.
To its credit, the majority-Democratic Pennsylvania Supreme Court had already refused a Democratic push to change the rules shortly before the election and to ignore the plain language of the election laws.
In ordering the rejection of ballots without dates, Justice Kevin Doughtery (joined by Chief Justice Debra Todd) wrote a concurrence declaring
“This Court will neither impose nor countenance substantial alterations to existing laws and procedures during the pendency of an ongoing election.’ We said those carefully chosen words only weeks ago. Yet they apparently were not heard in the Commonwealth Court, the very court where the bulk of election litigation unfolds.”
It is apparently still not being heard. In the Bucks County hearing, Marseglia spoke as she and Democratic Board chairman Robert Harvie, Jr., dismissed the earlier rulings in order to accept ballots without required signatures or mandatory dates. She declared that she would not second the motion to enforce the rulings “mostly because I think we all know that precedent by a court doesn’t matter anymore in this country and people violate laws any time they want. So, for me, if I violate this law, it’s because I want a court to pay attention to it.”
That was a lot of words to say that she does not really seem to care if this is lawful. For his part, Casey has shown the same abandon as he clings to his Senate seat at any cost.
That cost, in this case, was an alliance with Marc Elias, the controversial Democratic lawyer at the center of the infamous Steele Dossier scandal. Elias has been sanctioned in court and criticized for his work to flip elections. He is known for baselessly blaming voting machine errors for electing Republicans and pushing gerrymandering plans rejected by the courts as anti-democratic.
Casey is unlikely to change the result without counting defective or challenged ballots. Fortunately, law and precedent “does matter in this country.” There are still officials who can transcend their political preferences to maintain the rule of law. After the last presidential election, many Trump appointees ruled against the former president, and many Democratic judges rejected the effort to strip Trump from ballots.
That does not mean that Democrats who value the weaponization of law will not continue to embrace lawfare warriors like New York Attorney General Letitia James (D).
Others will use the rage of these times as a license to ignore legal and ethical obligations altogether. They are arguably the saddest manifestation of our political discord. They are people who have not just lost faith in our system but in themselves. They have become untethered from any defining principle for their own conduct. This election has left them adrift in a sea of moral and legal relativism, with only their rage as a following wind. They cling to that rage as reason vanishes like a distant shore.
For the rest of us, there is work to be done as a nation committed to the rule of law. We cannot win at any cost when that cost is the very thing that defines us.
* * *
Jonathan Turley is the Shapiro professor of public interest law at George Washington University and the author of “The Indispensable Right: Free Speech in an Age of Rage.”
Spirit Air declares bankruptcy
(zerohedge)
Game Over: Spirit Air Files Bankruptcy
Monday, Nov 18, 2024 – 10:45 AM
Spirit Airlines entered into a restructuring support agreement with its convertible bondholders as part of a comprehensive balance sheet restructuring. This move follows a failed merger with JetBlue Airways and years of mounting losses.
In connection with the restructuring support agreement, Spirit received a $350 million equity investment from existing bondholders and will undergo a complete deleveraging transaction to equitize $795 million of funded debt.
Spirit filed for Chapter 11 in the US Bankruptcy Court for the Southern District of New York to move forward with restructuring, listing assets and liabilities of between $1 billion and $10 billion.
In early October, Spirit explored bankruptcy as it attempted to renegotiate $1.1 billion in debt with its credit card processor, which was due next year, or risk losing the ability to process those transactions.
Spirit is the first major US airline to file for bankruptcy since American Airlines 13 years ago.
The onset of financial turmoil for the budget airlines came when the Biden administration blocked the Spirit-Jet Blue deal earlier this year.
In mid-January, TD Cowen analyst Helene Becker said the failed merger would only result in bankruptcy.
And in March.
Spirit CEO Ted Christie told investors and travelers this AM in a statement, “The most important thing to know is that you can continue to book and fly now and in the future.”
Last week, Spirit delayed its quarterly financial results, noting progress toward an agreement to protect creditors and customers.
In premarket trading in New York, shares of Spirit were higher by 4%, around $1.12. On the year, shares have plummeted 93% as of Friday’s close. The float is 34.7% short.

End of an era.
END
THIS IS SOMETHING!!
(zerohedge)
Nearly 40% Of Cars Financed Since 2022 Are Underwater
Monday, Nov 18, 2024 – 12:45 PM
The delayed day of reckoning has arrived for millions of Americans who purchased vehicles during the pandemic auto boom. Many are now finding themselves trapped in a shitstorm of negative equity and burdened by costly monthly payments, all while low- and mid-tier consumers face mounting financial strain amid elevated inflation and high interest rates.
Before we dive into the new auto data, let’s revisit our latest coverage of the slow-rolling auto crisis:
- July 2022: Are We Headed For An “Auto Loan Crisis” As Delinquencies Begin To Rise?
- December 2022: Perfect Storm Arrives: “Massive Wave” Of Car Repossessions And Loan Defaults To Trigger Auto Market Disaster, Cripple US Economy
- January 2023: “It’s The Perfect Storm”: More Americans Can’t Afford Their Car Payments Than During The Peak Of Financial Crisis
- November 2023: Americans Panic Search “Give Car Back” As Subprime Auto Loan Delinquency Erupts
- February 2024: “Garbage Deals”: Dealership Puts Customers In Cars With $3,000 Monthly Payments
- May 2024: Bad-Loans Hit Record-High As Used-Car Prices Suffer Worst Bear-Market Ever
- July 2024: Auto Insider Warns More Americans Fall Behind On Car Payments As Repos Soar 23%
Bloomberg Intelligence’s Joel Levington published a new report Monday, citing new data from CarEdge that showed a staggering 39% of vehicles financed since 2022 carry negative equity, including 46% of EVs …
39% of automobiles financed since 2022 have negative equity, including 46% of electric vehicles in the hole in 2024, according to a recent study by CarEdge. The affordability struggle is real, with 60% of loans and 34% of leases over the benchmark levels that consumers seek, based on data from Edmunds and CarEdge. Financially stretched buyers may further weigh on captive finance units and auto asset-backed indexes. The equity cushion at Tesla is notably troubling, while Toyota, GM, Ford and VW have ample flexibility
BI provided clients with a chartpack showing the negative equity storm brewing for Americans will only worsen:
84-Month Auto Loans With 114% Loan-to-Value Scream Risk

60% of Loans, 34% of Leases Over Customer Preference Levels

Tesla Model Y, Hyundai Ioniq 5 and Toyota bz4X Among Most Leased

Audi, Porsche, Mercedes, Polestar and Volvo Among Most Leased

Subprime Loan Delinquencies Near Record Highs

Residual Values Down, Returns Up

Recoveries Plunge as Used Vehicle Values Decline

Median Tesla Loans Have Negative Equity

The Manheim Used Vehicle Value Index has tumbled into a bear market since peaking in early 2022. Falling auto prices and lengthy loan terms for borrowers spell bad news.

Bankrate data shows that new 60-month auto loans peaked at around 8% (a two-decade high) earlier this year and fell to around 7.29% at the end of October.

What a mess for consumers with these underwater loans.
IIIB USA COMMENTARIES RE ISRAEL/HAMAS WAR/ and PERVASIVE ANTISEMITISM/WOKISM
end
iiiC USA COVID //VACCINE ISSUES/IMPORTANT MEDICAL ISSUES
END
FREIGHT ISSUES/USA/
END
VICTOR DAVIS HANSON OR NEWT GINGRICH/TUCKER CARLSON
KING REPORT
| The King Report November 18, 2024 Issue 7372 | Independent View of the News |
| Leftists Fed presidents surfaced on Friday to shill for rate cuts in coming months. Boston Fed President Susan Collins, ex-Brookings Institute and U of Mich official appointed in 2022, said, ‘I won’t take a December cut off the table.’ She added that a December rate cut isn’t a “done deal,” and she is NOT seeing new price pressures. Collins said she won’t speculate on DJT policies, but said the labor market looks like it’s close to being at full employment. (Then there should NOT be rate cuts!) Chicago Fed President and Obama BFF averred that interest rates will be “a lot lower” in coming months. ESZs traded lower when the Nikkei opened and methodically declined until they hit 5930.75. A slow, labored rally eventually took ESZs to 5953.25 at 8:28 ET. ESZs then resumed tanking; they hit a low of 5885.00 at 12:54 ET. Trades got long for the Friday afternoon rally and expiration roulette. The rally was modest for Friday afternoon and expiry standards. ESZs had an A-B-C rally that pushed ESZs to 5905.25 at 16:02 ET. USZs traded like ESZs except that they made their daily low of 115 11/32 at 9:38 ET. They then rallied to 116 16/32 at 13:08 ET on what appeared to be defensive asset allocation, or asset reallocation, for the 2nd straight day. With stocks at historically extreme valuations and bonds down sharply from the Fed rate cut, some investors are reallocating assets in their portfolios. USZs hit a daily high of 116 21/32, (+3/32) at 13:50 ET, and then fell to 116 at the 16:57 ET. US industrial production sags in October amid continued drag from Boeing strike, hurricanes Industrial output dropped 0.3% last month after a downwardly revised 0.5% decline in September, the Federal Reserve said on Friday. Economists polled by Reuters had forecast industrial production falling 0.3% after a previously reported 0.3% decrease in September… The Fed estimated that the strike depressed industrial production by 0.2 percentage point in October after exerting a 0.3 percentage point drag in September…. http://reut.rs/3UVTrAR @charliebilello: The most absurd number in this week’s inflation report? According to the US Government, the cost of health insurance has declined 29% over the last 2 years and 12% over the last 5 years… https://t.co/rQuXrxVpWs (PE Powell & his ilk make policy on abjectly fraudulent data!) @basso_tom 21:37 PM · Nov 15, 2024: Nikkei futures now down over 1000 points. Shorter term indicators on all my stock indexes on DOWN directions. Be careful out there and enjoy the ride! Positive aspects of previous session Bonds rallied sharply after a morning tumble. Negative aspects of previous session Stocks declined on valuations, pressure from expiring Nov. calls, and probable defensive asset allocation. Commodities and stocks sank on Street recalibrations of Fed rate cut policy. Fangs got hammered because this where speculators play, and they held too many expiring Nov calls. Ambiguous aspects of previous session Is the expected December rate cut off the table? 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]: 5979.65 Previous session S&P 500 Index High/Low: 5915.32; 5853.01 German Chancellor Olaf Scholz and Russian President Vlad Putin held their first phone call in two years. Reportedly Putin told Scholz any Ukraine-Russia peace plan must reflect new territorial realities. @TheChiefNerd: BLINKEN: “President Biden has committed to making sure that every dollar we have at our disposal will be pushed out the door [to Ukraine] between now and January 20th.” https://x.com/TheChiefNerd/status/1857046790744183049 Trump selected ND Gov. Doug Burgum to be Secretary of the Interior. Trump names campaign spokeswoman Karoline Leavitt as White House press secretary https://t.co/GNPQAluvly Trump announces the hiring of Steven Cheung as Director of Communications and Sergio Gor as Director of the Presidential Personnel Office. Rumor has DJT appointing ex-COS to DJT’s Secretary of Defense, Kash Patel, to head the FBI after DJT jettisons the meticulously coiffed Chris Wray. “In his memoir Government Gangsters, he (Patel) has called for a “comprehensive housecleaning” of the Justice Department and the FBI… https://www.news18.com/world/kash-patel-new-fbi-chief-donald-trump-administration-who-is-cia-chief-latest-news-9120391.html CNN: “Kash is frightening at the bureau,” one source familiar with internal deliberations about the role of FBI director… https://www.cnn.com/2024/11/15/politics/kash-patel-donald-trump-fbi-director-christopher-wray/index.html @joelpollak: @CNN is busy painting Kash Patel as some kind of bogeyman. Recall that his original “sin” was exposing how the outgoing Obama administration “unmasked” Americans on surveillance transcripts. Democrats have been hunting him since. He knows where the Deep State bodies are buried. Democrats’ furor over ‘unqualified’ Trump nominees puts Biden’s staffing decisions back in the spotlight https://t.co/dngdEpRyo5 Democrats consider rebrand after Trump win, want to avoid ‘freak show’ party label: report ‘The progressive wing of the party has to recognize… the country’s not progressive, and not to the far left or the far right,’ DNC committeeman Joseph Paolino Jr. told Politico https://www.foxnews.com/media/democrats-consider-rebrand-after-trump-win-want-avoid-freak-show-party-label-report Justice Gorsuch emphasizes need for regulatory reform in discussion with retired Justice Breyer https://t.co/aSM2ngY9yL @MarioNawfal: MAJOR COMPANIES RETURN TO ADVERTISING ON 𝕏 IBM, Disney, Comcast, Discovery, Warner Bros, and Lionsgate Entertainment have reportedly resumed ad campaigns on 𝕏 after an almost year-long boycott… NYC pols demand Whoopi Goldberg apologize for false Staten Island bakery slam — as store is flooded with orders – “The View” co-host sparked widespread outrage this week when she alleged that the beloved 145-year-old Holtermann’s Bakery on Staten Island declined to make her a batch of Charlotte Russe desserts due to her political beliefs… The bakery has insisted they were having mechanical issues with their 60-year-old boiler when Goldberg initially tried to place the Nov. 13 order so she could celebrate her 69th birthday on-air — and that her political beliefs had nothing to do with it. https://nypost.com/2024/11/15/us-news/nyc-pols-demand-whoopi-goldberg-apologize-for-false-staten-island-bakery-slam-as-store-is-flooded-with-orders/ Will Holtermann’s Bakery sue Whoopi, “The View,” and “ABC” for slander? @elonmusk: There will be consequences for those who pushed foreign interference hoaxes. The Hammer of Justice is coming. GOP @RepAndyBiggsAZ on Friday: Our national debt surpassed $36 trillion today… @nypost: Lame-duck Biden humiliated with back-corner spot in APEC family photo as China’s Xi get place of honor in front row https://x.com/nypost/status/1857854126161539107 Russia Hits Ukraine Energy Sites with 120 Missiles, 90 Drones in Large Sunday Attack https://t.co/KUvD5is0rt NYT: Biden Allows Ukraine to Strike Russia with Long-Range U.S. Missiles In September, Putin warned the US and UK that allowing Ukraine to use long-range missiles against Russia would be an act of war. @RobertKennedyJr: The anonymous men in lanyards who are currently running US foreign policy apparently want to start World War III before they leave the White House. @IanJaeger29: After authorizing the first use of U.S.-supported long-range missiles by Ukraine, President Biden takes no questions and wanders off into the Amazon rainforest. https://t.co/If9KZvxzum New Nvidia AI chips overheating in servers, the Information reports The Blackwell graphics processing units overheat when connected together in server racks designed to hold up to 72 chips… https://www.aol.com/news/nvidia-ai-chips-face-issue-141200335.html Today – When there has been a ginormous number of expiring calls and stocks declined on Thursday and Friday of expiry week because too many traders, particularly small retail traders, were long, stocks have usually rallied on Monday due to the cessation of downward pressure from expiring calls. Add in the Monday Rally, and you have avidly bullish traders. ‘Tis why ESZs are +16.25 and NQZs are +125.75 at 20:17 ET despite Team Obama-Biden’s Ukraine-Russia War escalation and Nvidia’s woes. Expected economic data and Fed speakers: Nov NAHB Housing Market Index 42; Chicago Fed Pres & Obama BFF Goolsbee 8:30 ET. S&P Index 50-day MA: 5772; 100-day MA: 5639; 150-day MA: 5510; 200-day MA: 5411 DJIA 50-day MA: 42,421; 100-day MA: 41,311; 150-day MA: 40,479; 200-day MA: 40,078 (Green is positive slope; Red is negative slope) S&P 500 Index (5870.62 close) – BBG trading model Trender and MACD for key time frames Monthly: Trender and MACD are positive – a close below 5218.49 triggers a sell signal Weekly: Trender and MACD are positive – a close below 5557.29 triggers a sell signal Daily: Trender and MACD are positive – a close below 5850.21 triggers a sell signal Hourly: Trender and MACD are negative– a close above 5920.64 triggers a buy signal Democrats in Pennsylvania admit to counting illegal ballots in close Casey-McCormick Senate race “Democrats in Pennsylvania are brazenly trying to break the law by attempting to count illegal ballots. They are doing this because they want to steal a senate seat,” RNC Chairman Michael Whatley wrote on X… https://justthenews.com/politics-policy/elections/democrats-pennsylvania-admit-counting-illegal-ballots-close-casey Turley: Bucks County Democrats show again why voters trusted the GOP more on democracy https://thehill.com/opinion/campaign/4993320-democratic-majority-bucks-county-lawfare/ @ScottPresler: The Pennsylvania Supreme Court already ruled that ballots w/ missing or incorrect dates cannot be counted. Despite this, Bucks County is continuing to count them, anyway. Democrat Commissioner Diane Ellis-Marseglia said, “Precedent by a court doesn’t matter anymore in this country;” “people violate laws anytime they want;” & “if I violate this law, it’s because I want a court to pay attention to it.”… https://x.com/BucksGOP/status/1857129301092807028 @JosephLTrahan: 18% of votes cast in Harris County were by people that: No longer live in Harris County; No longer live in Texas – 1,558,304 TOTAL Harris County tally of votes cast 281,820 Harris County “Illegal Votes” ALL 112 races in Harris County Texas are now in question This is massive election fraud in a Federal Election GOP Rep. @MTGrepp: After 11 days of Ballots continually being counted in North Carolina, The Democrats have now taken the lead for NC Supreme Court. THIS is what stealing an Election looks like @BreannaMorello on Sunday: We are 12 days post-Election Day. There are counties right now STILL counting ballots. The people in charge in those counties need to be carted off to prison. @RebelACole: This is how the game is played by Democrats. Keep counting illegal ballots more than a week after the election ended until you win. @GrageDustin: A Minnesota election judge is being charged with two felonies after allowing eleven unregistered people to vote. – AP/Star Tribune Remember, the MSM, ex-IBD, was silent when their demigod, Barack Obama, purged the US military to transform it into “his military” that was aligned with his ideology. Obama’s Military Coup Purges 197 Officers in Five Years 10/29/2013 What the president calls “my military” is being cleansed of any officer suspected of disloyalty to or disagreement with the administration on matters of policy or force structure, leaving the compliant and fearful… https://www.investors.com/politics/editorials/197-military-officers-purged-by-obama/ Libs are calling Pete Hegseth, DJT’s choice to be Secretary of Defense, a ‘white supremist’ because he has a large cross with four smaller crosses inside it tattooed on his chess. It’s the “Jerusalem Cross” that dates to the Crusades. VP @JDVance: They’re attacking Pete Hegseth for having a Christian motto tattooed on his arm. This is disgusting anti-Christian bigotry from the AP, and the entire organization should be ashamed of itself. All The Right People Hate Trump’s Cabinet Picks (Historic Cabinet of outsiders & disrupters) https://modernity.news/2024/11/15/all-the-right-people-hate-trumps-cabinet-picks/ What Trump’s Cabinet Picks All Have in Common: They Don’t Give a… Weak and morally insecure, Republicans seek something different than power. They seek approval… Worse, they seek the approval of the support system for the real power wielders: the media… Donald Trump… was elected… because he had mastered the art of not giving a f***… Once in D.C. for his first term, the political neophyte thought that other Republicans had his back and wanted to serve their voters. He trusted the betrayers who served the real power wielders (Democrats and the bureaucracy) and the media who loved them. Trump is not making the same mistake again. This time, Trump is putting people like him, people who serve the people, in charge. They have one thing in common: None of them give a f***… Lincoln needed his Grant. Trump needs people to burn a path to justice and restore the union. This is not subtle work. This is not morally ambiguous. This is work made for wild men hellbent on victory for the American people… https://spectator.org/what-trumps-cabinet-picks-all-have-in-common-they-dont-give-a-____/ The people that historically had influence (MSM, lobbyists, glitterati, Establishment, bureaucrats, etc.) are now for the first time in eons face wandering in the desert for 4 years or longer. @LauraPowellEsq: Tulsi Gabbard will be the first woman of color to hold the position of Director of National Intelligence, and anyone who does not support her appointment must be racist and misogynist. Ex-WH official @DarrenJBeattie: The skeleton in Merrick Garland’s closet is the Oklahoma City cover up. It’s darker than you can imagine @JesseKellyDC: Merrick Garland sent the FBI’s counterterrorism division after school board moms and he did it because the teachers union asked him to. If you’re a senator and you voted to confirm that, you don’t get to pretend to have standards now. No sir. @DefiyantlyFree: If you don’t know about the Matt Gaetz story, it’s fascinating. There was a FBI investigation into somebody who Matt Gaetz knows, that person ended up pleading guilty. But the department of Justice and the FBI really wanted to get Matt Gaetz, not the other guy… the subject of the ethics complaint is a 17-year-old girl that Matt Gaetz supposedly slept with. It’s so strange because that’s exactly the charge that the FBI cleared him of… I’m sure it’s just a coincidence that it’s Kevin McCarthy. Kevin McCarthy has spent the entire time since getting ousted by Matt Gaetz for being a horrible speaker trying to take him down… https://x.com/DefiyantlyFree/status/1857432542288437623 Rogan said he heard from artists, musicians and comedians that are grateful he spoke out “because they can’t do it” publicly for fear of being attacked. https://t.co/h08a9tb1gP DJT tapped Chris Wright, Liberty Energy CEO & founder (fracking), to lead the Department of Energy. Trump selected John Sauer to be his Solicitor General, and picked Brendan Carr to head the FCC. @nicksortor: Sen. Rand Paul (R-KY) is taking over the Senate Homeland Security Committee, promising to target the COVID coverup. He even just posted on X putting Fauci on watch, saying “I bet we find him.” Paul has been sounding the alarm about COVID and Fauci’s lies for YEARS, but Democrats being in control of the Senate blocked many of his actions. Ex-Clinton advisor & pollster MARK PENN: 8 lessons for Democrats and Donald TrumpFirst, conservatives and moderates took their country back…Middle class economics mattered…Issues, not identity defined the choice…The politics of demonization failed…Celebrity endorsements were worthless…Men are back, particularly young men…The mainstream media became irrelevant…President Joe Biden should never have run…https://www.foxnews.com/opinion/mark-penn-8-lessons-democrats-donald-trump @CynicalPublius: Democrats just do not understand that it is THEY who created President Donald Trump. Barack Obama famously promised to “fundamentally transform” the USA, and that he did in his neo-Marxist weaponization of the federal government. Now we are fundamentally un-transforming it. If the Dems had just ruled from the middle, we’d probably be talking about President Jeb Bush winding up his second term right about now. House Democrat Calls for ‘Shadow Government’ to Undermine Trump, with Adam Schiff as Fake AG – Democrat Rep. Wiley Nickel (D-NC) is so bereaved by Vice President Kamala Harris’s loss and President-elect Donald Trump’s cabinet picks that he is suggesting Democrats take action and form a “shadow government,” operating to oppose the Trump agenda that the majority if the country voted for. Nickel put forth his idea in an op-ed in the Washington Post… https://www.breitbart.com/politics/2024/11/15/house-democrat-calls-for-shadow-government-undermine-trump-adam-schiff-as-fake-ag/ @ByronYork: Before the election, confident of victory, Sen. Schumer had a plan to eliminate filibuster, cut Republicans out of passing bills. Now, after losing, he begs GOP: Please be bipartisan. Don’t do to us what we were going to do to you. https://www.washingtonexaminer.com/daily-memo/3231760/chuck-schumer-republicans-please-dont-do-to-us-what-we-were-going-to-do-to-you/ @EricLDaugh: Democrat on the House floor melts down over Trump’s Cabinet picks, suggest Democrats create their own “shadow” Cabinet. “If Trump attempts to weaponize the justice system against his political opponents with Matt Gaetz at the helm – we can see incoming Senator Adam Schiff as our shadow Attorney General. Arguing against replacing our independent prosecutors with Trump loyalists.” He also floated Democrats for: – Shadow Secretary of Education – Shadow Secretary of State – Shadow Commerce Secretary – Shadow Defense Secretary “[We must oppose] extreme MAGA attacks on our government.” https://x.com/EricLDaugh/status/1857438658816577921 This is clearly a call for insurrection and a clear & present danger to democracy. So, by ‘their’ own rules, this Dem Rep must be canceled and prosecuted. @susancrabtree: The Secret Service is investigating an agent who has been accused of having Antifa and anarchist ties and who allegedly lashed out at Trump as someone with “Nazi-ass policies” and called his supporters “chodes” and “neo-Nazis” in several social media posts… https://x.com/susancrabtree/status/1857852305959432294 @its_The_Dr: 1960 Woolworth Menu, what are you eating? https://t.co/50No814mYL (These shockingly low prices were stable from the late ‘40s until the early ‘70s.) John Stuart Mill averred that the tyranny of the majority is worse than tyranny of government because it is not limited to a political function. Alexis de Tocqueville warned about the tyranny of the majority. Steven Levitsky’s ‘Tyranny of the Minority’ warns Americans about threats to democracy https://www.wbur.org/hereandnow/2024/03/07/tyranny-of-the-minority-levitsky Tyranny of the inane and unnatural is worse than the tyrannies of the majority and minority! Numerous people and pundits are mocking the NY Times for a risible criticism of RFK Jr. that looks like something the Babylon Bee would write to shame someone. NYT’s fact-check of RFK Jr.’s claims about popular breakfast cereal stuns social media The New York Times offered a baffling fact-check of Robert F. Kennedy Jr.’s claim that a popular breakfast cereal in the United States contains several artificial ingredients… “Mr. Kennedy has singled out Froot Loops as an example of a product with too many artificial ingredients, questioning why the Canadian version has fewer than the U.S. version,” the Times’ report read. “But he was wrong. The ingredient list is roughly the same, although Canada’s has natural colorings made from blueberries and carrots while the U.S. product contains red dye 40, yellow 5 and blue 1 as well as Butylated hydroxytoluene, or BHT, a lab-made chemical that is used ‘for freshness,’ according to the ingredient label.” The strange fact-check, which seemed to prove rather than disprove Kennedy’s point about artificial ingredients being included in the U.S. version of the cereal, drew critics to mock the paper… https://www.foxnews.com/media/nyts-fact-check-rfk-jrs-claims-about-popular-breakfast-cereal-stuns-social-media Where are the NY Times editors? Where is the executive management? Saturday night at Madison Square Garden, Team Trump assembled for a UFC event. DJT, his sons, UFC boss Dana White, Joe Rogan, Musk, RFK Jr, Vivek, Tulsi Gabbard, House Speaker Johnson, Jelly Roll, Kid Rock, Dan Bongino, and many glitterati appeared. We’ve watched the UFC since its inception in the Nineties. We have never seen an assembly of federal government like this at an event before. Ann Selzer, the shamed Des Moines Register pollster, announced that she will retire from polling to pursue other opportunities. She vowed to check her data to see how her poll could have Harris +3 when Trump won by 13.2 percentage points. We told you why her poll was for crap when she published it. Selzer’s poll had a +3 Dem sample when Iowa GOP Voter Registrations had GOP +10.4! We noted numerous times over the election cycle how most legacy media polls had biased sampling. This has occurred repeatedly for decades. Yet each time their polls miss actual results by a wide margin, they proclaim that they will modify their methodology to be more accurate – but they don’t! | |
SWAMP STORIES FOR YOU TONIGHT
are you enterained?
Trump’s triumphant march into Madison Square Gardens, Saturday:
“Republican Caesar” – Legacy Media Meltdown Over Trump’s Triumphant UFC Appearance
Monday, Nov 18, 2024 – 08:35 AM
Authored by Steve Watson via Modernity.news,
The MAGA crew took over UFC 309 in Madison Square Garden over the weekend, triggering demon energy woke seethery into action.

Behold their media leaders, the CNN mole guys. Why do they all wear those thick heavy black rimmed glasses?
Anyway, these guys, it doesn’t matter what their names are, lets call them Howard and Greg, couldn’t cope with president Trump leading out his transition team to uproariously loud cheering at the event.
Howard said Trump was “giving supporter based permission structure,” by bringing his crew with him, while Greg said it was like ancient Rome with Caesar bringing his gladiators into the Colosseum.
“It really looks like ancient Rome here. This is the conquering Republican Caesar who’s going into the Colosseum, and everyone’s cheering, and he’s got his political gladiators with him,” Howard excitedly whined, ignoring the fact that Julius Caesar was long dead when construction on the Colosseum began.
“That appearance isn’t just about him enjoying the applause. He’s sending a message to the Senate. For sure,” Greg continued blathering.
“Not only are you entertained, but these are my people, and are you willing to fight?”Because here’s who I have,” Greg clamoured.
🚨 NEW: CNN panel member says Trump bringing out his top allies with him to UFC looks like ancient Rome.
“It really looks like ancient Rome. This is sort of a conquering, Republican Caesar, going into the Colosseum, and everyone’s cheering. And he’s got his political gladiators… pic.twitter.com/tNcIQD3Iyz— Eric Daugherty (@EricLDaugh) November 17, 2024
It’s hilarious watching these people having a meltdown analysing Trump’s team and the UFC crowd having fun.
So we switched from Hitler to Caesar LOL 🤡🤡🤡— Jennifer 🇺🇸 🦅 (@Jenny_MommaLion) November 17, 2024
They were having a well deserved day off, celebrating, watching the event and dancing to YMCA by the Village people, but the mole people want you to believe it’s some kind of scary authoritarian display of power.
UFC at MSG was epic! pic.twitter.com/BxpiZK00qu— Speaker Mike Johnson (@SpeakerJohnson) November 17, 2024
Trump’s enemies are his most effective propagandists b/c they’re so weird that they really think the coolest and/or most genuine things about him are actually his weaknesses.
We’re actually the most critical of him b/c we want him to be “worse” than he is.— Dogmatic Tower (@DogmaticTower) November 17, 2024
The smell of meltdown by the left in the morning reminds me of VICTORY.— Eagles (@Ed53861632) November 17, 2024
Soy boys are melting down 🤣🤣🤣— Jared Brehm (@JaredBrehm) November 17, 2024
CBS News also couldn’t cope.
Controversial rally 😂🤣😂.
You guys still haven’t figured out why you lost. 🤭— The 🐰🕳️ (@TheHoleTweet) November 17, 2024
The article states “Trump is a longtime UFC enthusiast and frequent attendee of major fights. He made promoting hypermasculine tones a signature of his campaign — as he looked to further widen the gap among male voters between himself and his Democratic opponent, Vice President Kamala Harris.”
“Trump and his top supporters embraced alpha-male terms and often accentuated them with vulgar and demeaning language.”
It gets even more hilarious…
“While campaigning, Trump appeared frequently on podcasts, gaming platforms, and with key supporters who described a vote for Trump as a way to demonstrate true manliness. While Trump taped a podcast with Rogan, who himself has spoken about hypermasculinity, Harris failed to do a similar appearance, citing scheduling conflicts.”
They’re deathly afraid of ‘masculinity’ and strong personalities.
It was only controversial to the #fakenews. Have you REALLY learned nothing. You’re irrelevant now. pic.twitter.com/wiqvCYZohw— Mattox Mcmurdo (@MattoxMcmurdo) November 17, 2024
The mole people have promised to hit back, however. They are set to unleash “woke 2.0” led by this final boss.
Why do they all look like they’re inhabited by actual demons? https://t.co/urelNdNMrO— m o d e r n i t y (@ModernityNews) November 18, 2024
“Spread the love.” 😠 pic.twitter.com/XE5vhUYVVe— m o d e r n i t y (@ModernityNews) November 18, 2024
Do they all buy their glasses from the same place?— James (@TheFastestDogs) November 17, 2024
Just get any pair that isn’t black framed, rectangular, and too big for your face. Lol— James (@TheFastestDogs) November 17, 2024
* * *
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GREG HUNTER
Left is a Vicious Wounded Tiger, They Want Us Dead – Larry Klayman
By Greg Hunter On November 16, 2024 In Political Analysis21 Comments
By Greg Hunter’s USAWatchdog.com (Saturday Night Post)
Renowned Attorney Larry Klayman, founder of Judicial Watch and later Freedom Watch, has been fighting government corruption and winning for decades. Today, the fight has turned into an all-out war and fight to the death. Klayman explains, “Bottom line is we have been in a war, but now we are at red alert. The fact that Donald Trump has been reelected the 47th President of the United States with the popular vote and an overwhelming landslide in the Electoral College, the Left is on the run, but it’s stung. It’s like a wounded tiger. It’s vicious. It will fight back. . . . You are going to see the Left in the streets, ultimately. It will probably be in days, if not weeks. You are going to see a repeat of what we saw with Black Lives Matter, ANTIFA, radical Palestinians and others. They are going to be coming for us. Frankly, and this sounds extreme, we saw the assassination attempts . . . . and Kamala Harris and Biden calling Trump Hitler, calling them garbage and calling us garbage, they want us dead. Let me repeat that. They want us dead. . . . They are like rats leaving the ship. The time to peacefully and legally crush them is now.”
Klayman also sees that things may not stay peaceful. Klayman points out, “It’s only a matter of time because they are whipping up the hatred right now against all of us garbage men. It’s only a matter of time that he (President Trump) may have to declare martial law to reestablish order here. I hope it doesn’t get to that. But he (the President) has that authority as well. So, I want people to realize that there may be a calm in the storm right now, but the communists, the atheists, the radicals and the Left are coalescing. They are plotting, and they are planning. This is like the ‘Force’ in ‘Star Wars’ and ‘Darth Vader.’ They intend to come back anyway they can. If they can’t do it peacefully and legally, which they can’t, they are going to get violent, and we better be prepared for that.”
Klayman also points out that President Trump cannot turn America around without the help of millions of patriots. Klayman says, “He needs us to back him. We need to fight for him if necessary. Here’s the scary thing. God forbid, but I don’t think this is the last assassination attempt. I think there will be more. . . . This kid that took a crack at Trump in Butler, we don’t know what his motive was today. . . . We’ve never gotten the truth about anything. We don’t know who killed John F. Kennedy. Even Bobby Kennedy Jr. does not believe that Sirhan Sirhan killed his father. Martin Luther King’s family does not believe that James Earl Ray was the assassin of Martin Luther King. It was probably Edgar Hoover the FBI Director. . . . We don’t know anything about the two people that tried to assassinate Donald Trump because our government is corrupt to the core, and that is why the Left is going to resist. Our government needs to be reconstituted. Embedded in government is the Deep State, and it is more powerful than the President.”
Klayman is appealing to the incoming Trump Administration to make him the Czar in charge of picking judicial appointments. Klayman says too many RINO judges were put on the bench during Trump’s first Administration.
Klayman is also representing Laura Loomer in a $150 million defamation lawsuit against HBO and Bill Maher. Klayman is also the lawyer of record on many other groundbreaking cases. Klayman also talks about the need for donations as the 2024 Election cycle took donations away from FreedomWatchUSA.org. Klayman makes an appeal for badly needed funds so he can continue his work for “We the People” against government corruption.
There is much more in the one-hour in-depth interview.”
Join Greg Hunter as he goes One-on-One with renowned lawyer and government corruption fighter, Larry Klayman, founder of FreedomWatchUSA.org as he lays out the evil that criminals on the Left and RINO’s are planning for America.
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After the Interview:
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