• Tag Archives Police
  • Finally Belgium Speaks Out Against Spanish Oppression

    The Belgium Prime minister Charles Michel has come out against Spain and now other European leaders applaud him for taking a position against the repressive action by Spain’s Civil Guard and National Police despite the fact that those in Brussels remain silent because they care only about their own jobs. Brussels has been silent fearing others will rise up as separatists against their rule. So Brussels has demonstrated to the world that human rights come second to self-interest. This oppression in Spain has done far more damage to the EU than most people realize. Their silence has been taken as proof that they too would resort to violence to protect their jobs as well.

    This post was published at Armstrong Economics on Oct 16, 2017.


  • Catalonia To Declare Independence From Spain On Monday

    Spanish stocks tumbled, with the IBEX index sliding into a 10% correction, following an overnight report that Catalan leader Puigdemont was set to make a statement at 9 p.m. (1900 GMT) on Wednesday, after an all-party committee of the region’s parliament meets to agree a date for a plenary session on independence. That concluded moments ago and CUP, the pro-secession party that is a majority in the Catalan parliament, has announced it will declared independence from Spain in plenary session on Monday, El Pais reports.
    As reported last night, Catalan President Carles Puigdemont told the BBC that his government would ask the region’s parliament to declare independence after tallying votes from last weekend’s referendum, which Madrid says was illegal. “This will probably finish once we get all the votes in from abroad at the end of the week and therefore we shall probably act over the weekend or early next week,” he said in remarks published on Wednesday.
    Puigdemont’s comments came after Spain’s King Felipe VI accused secessionist leaders on Tuesday of shattering democratic principles and dividing Catalan society, as tens of thousands protested against a violent police crackdown on Sunday’s vote. The Catalan leader is due to make a statement at 9 p.m. (1900 GMT) on Wednesday, during which he is expected to announce that Catalonia will formally announce independence on Monday.
    Spain has been rocked by the Catalan vote and the Spanish police response to it, which saw batons and rubber bullets used to prevent people voting. Hundreds were injured, in scenes that brought international condemnation.
    And while the constitutional crisis in Spain, the euro zone’s fourth-biggest economy, has hit Spanish stocks and bonds, raising Madrid’s borrowing costs, it has so far failed to have an adverse impact on the broader European market, or the Euro which has remained relatively steady in recent days. As shares in Spain’s big lenders fell on Wednesday, Economy Minister Luis de Guindos tried to reassure investors and customers. ‘Catalan banks are Spanish banks and European banks are solid and their clients have nothing to fear,’ he said on the sidelines of a conference in Madrid.

    This post was published at Zero Hedge on Oct 4, 2017.


  • “Total Stoppage”: Barcelona Paralyzed By General Strike, Barricades As Protesters Take To The Streets

    The Catalan rebellion escalated on Tuesday, resulting in a day of “total stoppage” for the Catalan capital, in which Barcelona metro stations were closed, pickets blocked main roads and civil servants walked out on Tuesday in response to a strike called by pro-independence groups as separatist activists took to the streets of Barcelona to press home their demands for independence after winning an referendum on Sunday which despite a violent crackdown by the Spanish government, saw nearly 90% of the vote cast for splitting away from Madrid.
    According to Bloomberg, public transport and shops were closed as demonstrators gathered in the center of the Catalan capital to protest the police violence that marked Sunday’s vote and reinforce their demands for a split with Spain. Photographs showed traffic backed up behind protesters on one of the main highways connecting Catalonia with the rest of Spain. Roads are blocked in 48 places in the region, the Spanish traffic agency said.
    Regional traffic authorities in Catalonia told The Spain Report on Tuesday morning that more than 50 barricades or protests had blocked roads across the region, including major toll roads and motorways used for commercial traffic to and from France.

    This post was published at Zero Hedge on Oct 3, 2017.


  • Stocks and Precious Metals Charts – Risk On – Non-Farm Payrolls on Friday

    Stocks were in ‘rally mode’ today, although the results were more mixed than one might initially realize. Big cap Techs, which have been leading the parade higher, ended the day essentially unchanged.
    That is a big non-confirmation of the push to a new high on the SP 500. Let’s see if the kool-aid is served up again by Wall Street tomorrow.
    The economic news this morning via the ISM was viewed as just peachy.
    There will be a non-farm payrolls report on Friday.
    Over the weekend there was police violence against voters in Catalan, and a very tragic mass shooting in Las Vegas. These are the times in which we live.
    It was an absolutely gorgeous day here, with the bright but cool autumn weather settling in. The leaves have not started to change here yet. It will take a hard freeze or two to turn them. Dolly and I were out cruising the ‘hood with the sun roof open and the windows down, grabbing some fresh sweet cider and powdered sugar donuts from one of the local farms, along with the usual suspects from the vegetable family. We are getting exceptionally good white sweet corn much later than usual thanks to the weather. Even zucchini and tomatoes are still going gangbusters.

    This post was published at Jesses Crossroads Cafe on 02 OCTOBER 2017.


  • Gold Price Hits 6-Week Dollar Low as Euro Falls After Catalonia Vote

    Gold prices fell to new 6-week lows in London trade Monday as the Dollar rose and world stock markets edged higher.
    The Euro slipped after Sunday’s clashes with civil police in Spain’s Catalonia region as people voted for independence in what the national government called an illegal ballot.
    “With this day of hope and suffering,” said regional president Carles Puigdemont in Barcelona, “the citizens of Catalonia have won the right to an independent state in the form of a republic.”
    Gold priced in the Euro meantime crept back up to 1085 per ounce as the single currency slipped on the FX market, unwinding last week’s 2 drop but holding 4% below early September’s 4-month high.
    “The prospects of further monetary tightening in developed economies have started to weigh on the price of gold,” says a note from head of precious metals sales Tom Kendall at Chinese-owned bullion bank ICBC Standard, pointing to the Fed and ECB discussing balance-sheet reduction while the Bank of England’s “hints” at UK rate rises.

    This post was published at FinancialSense on 10/02/2017.


  • Why Rajoy Is Panicking – Last Minute Poll Shows Huge 80% Surge For Catalan Independence

    We noted yesterday that “if Catalonia secedes from Spain…in terms of the debt sustainability parameters laid down by the Treaty of Maastricht, it’d be the Eurozone debt crisis 2.0…” and it is clear by the thuggish brutality of Spain’s police that Rajoy will do anything to ensure this vote does not go ahead as the latest poll data shows a massive surge in favor of independence, as government fascism has clearly triggered unintended consequences that look set to spirtal out of control.
    ***
    As MishTalk.com’s Mike Shedlock notes, numerous sites keep posting stats that claim a majority in Catalonia want a vote but do not support independence. I have stated those polls are old and likely wrong thanks to the pitiful tactics of prime minister Mariano Rajoy. A new last-minute poll suggests I have this correct.

    This post was published at Zero Hedge on Oct 1, 2017.


  • Frontrunning: September 29

    Republican Tax Plan Hits First Hurdle (WSJ) A $6.4 Billion Windfall Awaits Big U. S. Banks in Trump’s Tax Cut (BBG) How Does the Trump Tax Plan Affect You? WSJ Answers Your Questions (WSJ) Twitter suspends Russia-linked accounts, but U. S. senator says response inadequate (Reuters) Flight ban on Iraqi Kurds imposed after independence vote (Reuters) Elon Musk’s New Vision: Anywhere on Earth in Under One Hour (BBG) Kurdistan region refuses to hand over border crossings to Iraqi government: Rudaw (Reuters) Independence Vote Tests Catalonia’s Police Force (WSJ) Uber CEO Khosrowshahi to Visit U. K. to Rescue London License (BBG) Chinese Money Is Still Leaking Into the World’s Housing Markets (BBG) Russia accuses CNN International of violating Russian media law (Reuters) Dems on Trump’s Voter Fraud Panel Push Back (BBG) Schumer says senators close to bipartisan deal on health exchanges (Reuters) VW’s dieselgate bill hits $30 billion after another charge (Reuters) VW Takes New $2.9 Billion Hit From Diesel Scandal (WSJ) Iron Ore Becomes Punch Bag as China Concerns Drive 20% Collapse (BBG) U. S. visas to six Muslim nations drop after Supreme Court backs travel ban (Reuters) P&G CEO Blasts Nelson Peltz as Tensions Mount Over Board Vote (BBG) Lyft IPO puts investors in self-driving cars as well as ride services (Reuters) World’s Biggest Oil Company Promised Expats Idyllic Lifestyle – Then Fire Erupted (WSJ) Chaos and hackers stalk bitcoin investors (Reuters)
    Overnight Media Digest
    WSJ
    – A day after announcing their tax plan, Senate Republicans debated scaling back one of their largest and most controversial proposals to pay for lower tax rates – repeal of the individual deduction for state and local taxes. on.wsj.com/2yJB9qV

    This post was published at Zero Hedge on Sep 29, 2017.


  • Update from Puerto Rico: People are running out of cash, ATMs aren’t working and groups of looters are posing as police

    My friend Adam (not his real name) lives in Puerto Rico and sent me a startling update…
    Adam and his family evacuated the island for the hurricane, but he’s been in close contact with his friends who stayed on the ground.
    And the situation is bad.
    According to his contacts on the ground, people in Puerto Rico are running out of cash. And ATMs aren’t working.
    That’s how it happens during a crisis – food, gas, cash (all the things you need most) disappear first.
    This is exactly why you keep several months’ worth of expenses in cash in a safe (a little gold helps, too). It’s a simple step you can immediately take to help keep you and your family safe during a crisis… And the tragedy in Puerto Rico shows you that crises do happen.

    This post was published at Sovereign Man on September 26, 2017.


  • Man caught smuggling 1 kilogram of gold in his rectum

    Earlier today in Sri Lanka’s Colombo International Airport, a passenger was arrested by local authorities and found to have stuffed nearly $30,000 worth of gold into his rectum.
    That’s nearly 1 kilogram of gold. In his ass.
    The gold had been carefully wrapped in plastic and included four small bars and multiple chains of jewelry.
    Airport police were tipped off when they noticed the 45-year old man ‘walking suspiciously.’ No sh*t, Sherlock.
    And curiously this was not even close to the first incident of rectal gold smuggling in Sri Lanka. Just last week another passenger was found with 314.5 grams of gold stuff inside her rectum. Amateur.
    Gold, of course, has a long history of value and marketability, going back to ancient civilizations that have been extinct for thousands of years.
    Archaeologists have unearthed dozens of graves, some of which date back more than 6,000 years, containing gold artifacts.

    This post was published at Sovereign Man on September 25, 2017.


  • Catalonia Independence Vote October 1st

    The Spanish government refuses to listen to anything from Catalonia and announced it would intervene in Catalonia’s finances to ensure that ‘not one euro’ of public money was used to fund the ‘illegal’ vote. Meanwhile, the Spanish police arrested 13 people in the region of Catalonia and Madrid for their alleged involvement in planning a vote to secede from Spain. This is clearly demonstrating that the Spanish government is reverting to its old fascist ways for it is the boldest move yet by Spanish authorities to stop the separatist movement.
    It was 1931 when the nations defaulted on their debts that saw Estat Catal and other parties began to form Esquerra Republicana de Catalunya (Republican Left of Catalonia)(ERC). The ERC won a dramatic victory in the municipal elections that year and this is when we must regard the first major step in the separatics movement.

    This post was published at Armstrong Economics on Sep 21, 2017.


  • Gold Price Falls, Sinks vs UK Pound Despite N.Korea Missile, London Bomb + Spain’s Catalonia Crisis

    Gold price gains of 1.6% from last week were again erased Friday in London, as the outlook for interest-rate hikes trumped new geopolitical tensions led by another weapons test by the pariah state of North Korea.
    Dollar priced-gold retreated to $1325 per ounce – more than $30 below last Friday’s 12-month high – as major government bond prices fell yet again, driving US Treasury bond yields up to their highest since mid-August above 2.20% on 10-year debt.
    After threatening to “sink” Japan and turn the US “into ashes and darkness” on Thursday, Pyongyang this morning fired its furthest-yet missile test over the northern Japanese island of Hokkaido, splashing into the Pacific.
    British police said an ‘improved explosive device’ caused an explosion on a rush-hour London Tube train, with 22 people needing hospital treatment, mostly for burns

    This post was published at FinancialSense on 09/15/2017.


  • Vault Containing $70 Billion In German Gold To Be Evacuated As Frankfurt Defuses Massive Bomb

    Approximately 60,000 residents of Germany’s financial capital, Frankfurt, will be ordered to evacuate their homes on Sunday as the city’s emergency service staff will attempt to defuse a massive World War Two bomb, discovered recently at a local building site. The 1.4-tonne HC 4000 bomb dropped by the British air force during World War Two was uncovered on a building site on Wismarer Strasse in Frankfurt’s leafy Westend where many wealthy bankers live.
    ‘We have never defused a bomb of this size,’ bomb disposal expert Rene Bennert told Reuters, adding that it had been damaged on impact when it was dropped between 1943 and 1945.
    ***
    Bomb disposal experts who examined it said the massive evacuation could wait until the weekend. ‘We are still working on the modalities of the evacuation plan,’ a spokeswoman for Frankfurt police said on Wednesday.
    As a result, ahead of Sunday’s planned evacuation, more than 100 hospital patients, including premature infants and those in intensive care, were evacuated from two Frankfurt hospitals on Saturday, city councillor Markus Frank told Reuters television.

    This post was published at Zero Hedge on Sep 2, 2017.


  • Harvey Makes Second Landfall In Louisiana After Leaving “Apocalyptic” Flooding, Record Rainfall In Texas

    Five days after it first plowed into southwest Texas as a category 4 hurricane, Tropical Storm Harvey has made second landfall west of Cameron on the border between Texas and Louisiana, early Wednesday according to the National Hurricane Center. The storm, which has already pummeled the city of Houston with more than 50 inches of rain – a new record for the contiguous US, according to the Wall Street Journal – has left at least 18 dead, including two Houston police officers, and forced tens of thousands of people from their homes.
    ***
    Though the hurricane (now tropical storm) has wreaked widespread devastation on Texas, Reuters says citizens of Western Louisiana have at least one silver lining to cling to: torrential rains are expected to cease later on Wednesday as the storm picks up speed and moves northeast away from the Gulf of Mexico. NOAA was forecasting less than an inch of rain for the Houston area on Wednesday, with a slight chance of sunshine.

    This post was published at Zero Hedge on Aug 30, 2017.


  • Driver Arrested After Running Over Three Protesters At St. Louis Transgender Rally

    Less than two weeks after a driver in Charlottesville, Virginia slammed into a crowd of counter-protesters demonstrating against a rally held by white nationalists, killing a 32-year-old woman, on Wednesday night a driver in St. Louis was taken into custody after hitting three protesters who blocked traffic during a march for a transgender woman shot and killed by police a day earlier, local media reported.
    According to Reuters, the unidentified driver of a black Mercedes was taken into custody for felony fleeing, a block away from where a man and two women suffered minor injuries after they were hit by his car, said Schron Jackson, a spokeswoman for the St. Louis Police Department.
    Pix from car that drove through protesters, car stopped was surrounded, then drove through, one person ended up on hood, only minor injuries pic.twitter.com/EYNxSJARoF
    — David Carson (@PDPJ) August 24, 2017

    This post was published at Zero Hedge on Aug 24, 2017.


  • Keener Risk Aversion In World Marketplace After Spain Terror Attacks

    This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission.
    (Kitco News) – World stock markets were mostly lower in overnight trading. The U. S. stock indexes are pointed toward slightly higher openings when the New York day session begins. The marketplace is reacting with keener risk aversion to an ISIS terror attack in Barcelona, Spain Thursday, in which a van rain into a crowd and killed 13 people. A second attack in another town in Spain was thwarted by police, who killed five terrorists.
    Gold prices are higher in pre-U. S. day session trading Friday and hit a 2.5-month high above $1,300 an ounce on some more safe-haven demand and technical buying.
    Traders and investors are also pondering the future progress of the Trump administration’s objectives. Many believe the administration is in turmoil.

    This post was published at Wall Street Examiner by Jim Wyckoff ‘ August 18, 2017.


  • Central Bank Polices Disrupt Our Ability to Assess Risk

    When central banks manipulate interest rates, they disrupt normal patterns of savings and investment. They pump up economic bubbles that ultimately pop and kick off economic crashes. We saw this vividly in the 2008 financial crisis. Low interest rates, along with government policies, encouraged unsustainable investment in housing. When the bubble popped, it nearly brought the entire economy down with it.
    There is another problem with central bank interest rate tinkering that exacerbates bubbles.
    It hides inherent risk.
    When interests rates remain artificially low, it suppresses risk premiums and drives further malinvestement.
    Thorsten Polleit writing for the Mises Institute Fed Watch explained the mechanism.
    Inherent risk exists with any investment, but some are riskier than others. In an unfettered market, investors reap a reward in the form of higher yield for taking on higher risk.

    This post was published at Schiffgold on AUGUST 15, 2017.


  • Chinese Bank Suffers ‘Rare’ Bank Run, Police Arrest “Rumor-Spreaders”

    Chinese police questioned 27 people, detained 12 and “severely” reprimanded 15, over the spreading of gossip about Linshang Bank – a lender with 61 billion yuan ($9.1 billion) in deposits – which caused a rare bank run in Eastern China.
    The South China Morning Post reports that a few disgruntled employees at Shandong Sanwei Oil Group, an agricultural processing company, were unhappy after they were placed on leave when production lines were closed at the firm.
    The employees spread a rumour that the firm was collapsing with billions of yuan in unpaid loans and that it might also bring down Linshang Bank, the report added. The rumour spread quickly among residents, triggering a run on the local branch of the bank, according to the article. At one point more than 500 depositors gathered outside the branch demanding to withdraw their money.
    The bank said in a brief statement on its website that the spate of withdrawals at one of its branches in Linyi in Shandong province on Monday was caused by ‘a few individuals spreading rumours’ that the bank was in trouble.
    The lender urged the public ‘not to believe in or spread rumours to jointly maintain good financial order’.
    “In the face of rumors, we hope the public reacts rationally, does not believe in rumors, does not rumor-monger, to avoid harming their own interests.”

    This post was published at Zero Hedge on Aug 12, 2017.


  • 3 Dead, 35 Injured Amid Violent Protests, Car Attack, & Chopper Crash In Charlottesville

    Update 10: City Manager Maurice Jones confirms that 3 people are dead (1 from the car attack and 2 police in a helicopter crash) and 35 more were injured following a disastrous day in Charlottesville. Furthermore, Charlottesville Police Chief Al Thomas confirmed the driver is being charged with criminal homicide.
    * * *
    Update 9: In a press conference following today’s attacks in Charlottesville, which killed one young woman, and a helicopter crash that killed two offiers, Virginia Gov. Terry McAuliffe had some choice words for far-right demonstrators who converged on the town: “Go home…and never come back.”
    ‘You came here today to hurt people and you did hurt people. But my message is clear: We are stronger than you. You have made our commonwealth stronger you will not succeed. There is no place for you here there is no place for you in America. Go home…and never come back.’ The driver’s identity and any information about his possible motive for the attack have yet to be released.
    * * *
    Update 8: In the latest development in what was already a bizarre, tragic day, a police helicopter crashed into a wooded area near a gold course in Charlottesville, not far from where the ‘Unite the Right’ rally was being held.

    This post was published at Zero Hedge on Aug 12, 2017.


  • Fun on Friday: The Man Who Put His Gold in a Folder and Lost It

    Today we’re going to have fun at the expense of some poor man in Germany.
    On the one hand, you’ll probably feel a little sorry for the guy. But – come on man!
    Chalk this up as a lesson in how not to take care of your gold.
    This unnamed Berliner left 22 gold bars in a folder under a tree, along with 3,500 in cash. According to a report on a German website, the gold was valued at about 35,000. That’s a little over $41,000 US. The owner told police he had put the folder down as he was locking up his bike.
    Then he ‘simply forgot about it.’
    Yes. He forgot about the $41,000 worth gold bars he was carrying around in a folder and just walked away.
    The man probably ought to take some of those euros and buy a lottery ticket because it was his lucky day. Somebody with a whole lot of integrity found the folder and turned it in to police. Admit it – you would at least be tempted to keep a folder stuffed with gold bars and cash. It’s OK. We all know.
    Anyway, officials say there was some personal information in the folder that helped them identify the owner.
    The good Samaritan won’t go away empty-handed though. Under German law, people who find lost items get between 3 and 5% of the value. According to the news report, the finder’s honesty will pay off to the tune of about 2,000.

    This post was published at Schiffgold on JULY 28, 2017.


  • POLICE BRAG ABOUT TAKING MONEY FROM A HOMELESS MAN, FACEBOOK PROCEEDS TO OWN THEM

    Cheyenne, WY – A heartening trend is growing on social media showing that people are waking up to the state persecuting individuals over victimless crimes. The latest example of this trend comes from the Cheyenne Police Department who posted a photo of money they seized from a homeless man and then attempted to justify and brag about it. When people read the department’s post, they lashed out – peacefully – to let them know what they were doing is wrong.
    The department’s post has since gone viral, prompting both praise and scorn for their ridiculous image bragging about stealing money from a homeless man because he was drunk.
    The image was posted with the following statement:
    Yesterday, July 22, we arrested a transient for public intoxication. This is a person we frequently deal with, but we want to illustrate that there are better ways to help the transient population than to give them money for panhandling. This person collected $234.94 in just a few hours of asking for money. Rather than feeding someone’s alcohol addiction, you can donate directly to local charities such as the Comea Shelter where your money will assist the homeless in a much more effective way.

    This post was published at The Daily Sheeple on JULY 28, 2017.