Mysterious Tombstone For Donald Trump Appears In Central Park

As part of Trump’s blistering, unconventional and very unexpected rise to the top of the Republican presidential nominee ranks, he has seen his share of threats – some serious, most in jest – to both his person, and in some cases his life. Apocryphally, some commentators have predicted that a Trump presidency would be such a shock to the status quo that if successful in winning the presidency, he would never make to inauguration day alive.
Today, such concerns were once again inflamed when a mysterious tombstone on behalf of Donald J. Trump (the date of death is blank: 1946 – …) was erected in Central Park.

This post was published at Zero Hedge on 03/27/2016 –.

$GCJ16 – April Gold (Last:11216.70)

Gold has been adrift for six weeks, a time period that corresponds almost exactly to the stock market’s bear rally from mid-February’s lows. I view the rally as doomed, implying that we will see gold resume its upward course when stocks yield to gravity, as they eventually must. The precise timing of this is unknowable, but with the broad averages hovering within a few percentage points of presumably unattainable new-record highs, we may not have long to wait. More immediately, the April contract will have an opportunity to hold the line with some pushback from a Hidden Pivot support at 1210.10 that contained sellers on Thursday. The bounce so far has not been very robust and would need to go a further $20, exceeding 1237.00, to give bulls some breathing room. This looked like a dubious bet as the week ended, however, since stock-market bears had trapped themselves in a vicious short-squeeze just ahead of the three-day weekend. Assuming bullion eases lower, look for a test of the 1191.50 bottom whence the April contract embarked on a modest three-week rally of about $100. The gains have all but vanished in the last two weeks, but the larger, bullish picture going back to late December’s lows remains very much intact.

This post was published at Rick Ackerman on March 27, 2016,.

Has The Biggest Of All Bubbles Popped: Central Bank Omnipotence?

Authored by Mark St. Cyr,
Since the initial turmoil began with the onset of what is now referred to as ‘The great financial crisis,’ one strategy has proven more profitable than any other. That strategy? BTFD (buy the f___n’ dip.)
Regardless of what proprietary advice (short of insider trading,) nothing, as well as, nobody has had a track record worthy of comparison. All one has needed to do is, whenever a selloff occurred (as rare as they had been,) when ‘the dip’ presented itself, the only thing to do was to ‘buy, buy, buy!’
Forget 2/20 management. Forget stock picking. Forget listening to experts, economists, fund managers, et al. You would beat them all over the last 6 years if you just BTFD, then bought some more. It had been that easy. However, if it was that easy – why didn’t everyone ‘just do it?’ Easy…
A great many (and I put myself squarely in this camp) still believed that the fundamental laws governing free markets and stocks were still at play. No one, and I do mean that as in nobody with a modicum of business acumen thought, let alone believed the extent, as well as, the vast amounts of money printed ex nihilo by the Fed. would go on not only for as long, but also, in the amounts to which it has.

This post was published at Zero Hedge on 03/27/2016 –.

Marin Katusa: The Most Powerful Weapon Ever – Gold, Uranium, Pen?

We have the power and the weaponry to change every community, every state and the entire nation without ever firing a single bullet. How is this possible?
Whenever a person, anywhere in the world, exchanges their fiat currency for gold or silver coins or bars, they are ‘firing a shot’ at that currency. Gold is ‘the money of Kings’ and silver is ‘the money of Gentlemen’. Gold and silver have been money for thousands of years and no amount of market rigging, made up rules or government intervention will change this law of man. People around the world still conduct business using gold and silver as a medium of exchange. Simply because gold, in particular, is not used on a large scale and we are continually told that gold is a ‘pet rock’ or held by Central Banks as a ‘tradition’ this is not the case. Gold and silver have value and worth. To acquire them from the source builds into them a certain amount of value. The labor, the time and various resources used to acquire these precious metals goes into every ounce pulled out of the ground. If gold is a ‘pet rock’ or a ‘tradition’ then why is there so much secrecy surrounding gold held at Central Banks? Why does the Federal Reserve, in conjunction with the U. S. Treasury, refuse to conduct an audit of OUR gold? The gold held at Fort Knox and the New York Federal Reserve, that is assigned to the Federal Reserve System, belongs to the people of the United States. If gold is nothing more than a tradition, audits are also a tradition that every responsible person does on a regular basis. Who among us doesn’t audit (balance) their checking account regularly? Who among us doesn’t audit their personal belongs of every type? Ever go through your closet, clean it out and donate the clothes, shoes, whatever to charity? It’s that an audit?
Every gram of gold or silver you acquire using fiat currency effectively removes that many ‘dollars’ from the current financial and economic system. What you have done is removed those ‘dollars’ from the hands of government. They now have fewer ‘dollars’ to use to purchase weapons of war, surveillance technology and the other weapons they use against us. Today would be a good day to remove a few ‘dollars’ from their hands and place another weapon in your back pocket. Gold and silver are free from tyranny, accepted around the world in good faith and provides a piece of insurance from, what appears to be, a system in change.

This post was published at GoldSeek on Sunday, 27 March 2016.

“It’s An Attack On Higher Education”: Connecticut Seeks To Tax Yale Endowment As Plug To Surging Deficit

One week ago, we observed an unexpected spike in the yield spread of Connecticut bonds over AAA-rate munis:

There were two specific catalysts for the spike in yield:
First was last week’s disappointing bond auction, as a result of which CT bond risk has spiked to 65bps over the benchmark, a record spread demanded by investors to take CT repayment risk. In the process CT, one of the states historically most preferred by the wealthy hedge fund community, became the 4th riskiest US state after NJ, IL, and PA. As Bloomberg noted at the time, the state’s $550 million general-obligation sale on March 17, which included debt due in 2026, priced to yield 2.52 percent, compared with an expected 2.37 percent based on Bloomberg’s Connecticut index.

This post was published at Zero Hedge on 03/27/2016 –.

Another Reason Corporate Profits Will Plummet: The Managerial/ Professional Class Is Burning Out

What no financial analyst dares confess is the corporate profits they cheer every quarter have come at a cost that many Americans will soon be unable to bear.
If you work for Corporate America in a managerial or professional capacity, you know all about burnout, because you see it all around you or are experiencing it yourself. Readers describe what they are seeing in the top ranks of S&P 500 corporations, and the stories (anonymous because everyone knows the truth will get them fired/blacklisted) are all about the high personal costs of earning big paychecks by making the numbers–not just revenue but the all-important profits that power the multi-trillion-dollar valuations of U. S. corporations and the stock market that glories in their magnificent and ever-growing profits.
Corporate America depends on this class of workers to reap its stupendous profits: the attorneys, physicians and nurses who churn out the billable work; the CPAs who either cook the books or look the other way when others rig the books to make the company look more profitable than it actually is; the managers who squeeze the line workers to produce more; the software engineers and project managers who are always under deadline and always pressured to use cheaper temps; the Wall Street work-hounds who have to use uppers and other dangerous stimulants to function for 70-80 hours a week, week in and week out; the multitudes addicted to painkillers or other prescription drugs to manage their psychological and physical pain; the working parents whose family life is imploding under the demands of their employers; social workers burdened with ever-larger case loads–the examples are endless.

This post was published at Charles Hugh Smith on SUNDAY, MARCH 27, 2016.

Mexicans Burn Donald Trump Effigies To Celebrate Easter

While The Donald may proclaim that “Hispanics love me,” it appears some – that is to say hundreds – are not yuuge fans.

As Reuters reports, Mexicans celebrating an Easter ritual late on Saturday burnt effigies of U. S. Republican presidential hopeful Donald Trump, as hundreds of cheering residents yelled “death” and various insults as they watched the explosion of the grinning papier-mch mock-up of the real estate tycoon…

This post was published at Zero Hedge on 03/27/2016 –.

Swedish Meatballs: Swedish Regulators Lower Mortgage Term To 105 Years (Average Is 140 Years!)

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.
How insane is the housing market in Sweden?
This insane. Swedish financial regulators just lowered the term for a mortgage to 105 years. The average is 140 years.
From the article this classic piece of understatement:

‘A number of banks and analysts have warned that Sweden’s housing market is overheating, with HSBC in January saying: ‘The pace of acceleration in the housing market points to a bubble.’
Overheating? Here is a chart comparing Swedish house prices with UK, US and Japanese house prices.

This post was published at Wall Street Examiner by Anthony B. Sanders ‘ March 27, 2016.

The End of America’s Two-Party System May Be Upon Us

Submitted by Chris Perrin via,
There’s a reason most parliamentary and presidential democracies have more than two political parties, and both Trump and Sanders are examples of why. Both nominee-hopefuls have increasingly come to represent polar opposites of the singular problem that the American two-party political system is suffering from: Stagnation.
With only two parties, what this presidential race is showing is that there has been a tendency for those parties to become static and unbending in their policy, stance, and platform. Historically, one or both of the parties must then break, either because the progressive edges within the party force it apart, or voters start to see the party as inflexible and obsolete.
It has happened before in the U. S., and it looks like it is happening again. The recent increase of voters registering as independent, as well as the parallel growth in independent candidates, is a good example of the level of dissatisfaction people and politicians now have with the GOP and Democratic Party. It is also an indication that American democracy is changing. Again.
The inclusion of Sanders in the Democratic Party, Trump in the Republican, and the cataclysmic portrayal of them both in the media, has only confused the issue. This is particularly noticeable as Trump is often blamed for the imminent demise of the GOP as a relevant institution. With both candidates running for the nomination of their respective parties, the GOP and the Democratic Party appear internally fractured, split on major issues and confused as to their directions. This can only be the case in a two-party system.

This post was published at Zero Hedge on 03/27/2016.

Trump Slams Cruz For “Stealing Delegates,” Says American Politics “Is A Broken System”

In the escalating war between “Lyin’” Ted Cruz and “Snivelling Coward” Donald Trump, reports that Cruz could end up with more delegates than Trump from Louisiana – despite The Donald’s victory – have incensed the New York businessman. As Politico reports, Trump raged that Ted Cruz is trying to “steal” delegates, “because that’s the way Ted works.”
GOP presidential front-runner Donald Trump on Sunday said Sen. Ted Cruz is trying to “steal” delegates the New York businessman needs to become the presidential nominee of the Republican Party, which he called “a disgrace.” As DailyCaller details,
Appearing on ABC’s ‘This Week’ on Sunday, guest host Jonathan Karl asked Trump if Cruz was ‘trying to steal’ the nomination from Trump because he might be leaving Louisiana with ‘as many as 10 more delegates… on the key committees that will write the rules for the Republican convention.’ ‘Well, it tells you what a crooked system we have and what a rotten political system we have. And frankly, I’m so – I’m millions of votes more than – I have millions of votes more than ‘Lying Ted.’ I have millions – millions of votes more.’

This post was published at Zero Hedge on 03/27/2016 –.

Teal Swan: The Role Of Spiritual Resilience

This podcast requires a special introduction because it is reflective of a side of myself that I have often alluded to, but largely kept private until now.
And that is my searching for personal insight, meaning, and deeper inner fulfillment. I’ve been actively and intensively exploring this area for roughly 5 years.
Some might call this a spiritual questing, while others would call it inner tracking. Either way, this part of my life involves building my emotional IQ and resilience.
It is perhaps the hardest, bravest, and most important work I’ve ever undertaken. It requires being willing to face my own deepest shadows, beliefs, and sources of grief.
In this interview with Teal Swan, a modern spiritual teacher and catalyst, I use this quote by Carl Jung:
‘There is no coming to consciousness without pain. People will do anything, no matter how absurd, in order to avoid facing their own Soul.
One does not become enlightened by imagining figures of light, but by making the darkness conscious.’
More and more I am concerned with how individuals are going to face the painful awakening that is before us all as our earth’s ecosystems continue to decline and collapse.

This post was published at PeakProsperity on Sunday, March 27, 2016,.

Why the Rally Really Stopped This Week

This is a syndicated repost courtesy of Money Morning – We Make Investing Profitable. To view original, click here. Reposted with permission.
Stocks finally broke their five-week winning streak as the Dow Jones Industrial Average lost 87 points or 0.5% on the week to close at 17,515.73. The S&P 500 dropped 14 points or 0.7% to 2035.94, while the Nasdaq Composite Index fell 0.5% to 4773.50.
All in all, it was a quiet holiday-shortened week in which investors ignored a major terrorist attack in Brussels and comments from several Federal Reserve governors that they are itching to raise interest rates.
Apparently both terrorists and Fed governors are losing their ability to frighten investors.
Here’s why that’s not a good thing.

This post was published at Wall Street Examiner by Michael E. Lewitt ‘ March 27, 2016.

Merger Madness: They Don’t Make Growth Like They Used To

This is a syndicated repost courtesy of Economy and Markets. To view original, click here. Reposted with permission.
This past Monday was another ‘Merger Monday,’ or maybe we should call it ‘Merger Madness.’ Or even ‘March Madness.’ In any case, a total of three deals worth over $37 billion were struck on Monday.
First up Sherwin-Williams announced a deal to acquire Valspar at over an $11 billion valuation. That’s a lot of paint! Markit, a financial services company, is teaming up with IHS in a $13 billion deal. Finally, Marriot and Starwood are joining forces in a $13.6 billion deal to create a mega hotel chain.

This post was published at Wall Street Examiner by John Del Vecchio ‘ March 25, 2016.

Paul Craig Roberts-Neoconservatives Driving World to War

The following video was published by Greg Hunter on Mar 27, 2016
Dr. Paul Craig Roberts has a new book out titled ‘The Neoconservative Threat To World Order.’ In it, he talks about the dreadful shape of the global economy and how war might be forced on the world. Dr. Roberts, who is also a former Assistant Treasury Secretary, says, ‘The Neoconservative ideology is American world hegemony . . . this means you have to subdue the others, and this includes Russia and China. These are two nuclear powers with massive military capabilities, and they are in the way of the Neoconservative agenda of World Empire . . . . So, the Neoconservatives are driving the United States and Western Europe into conflict with Russia and China. Russia and China are not going to give up and be American vassals. . . . Our economy is a house of cards. It’s held up by the Federal Reserve. The question is how long can they hold it up? . . . There is no way around the coming war unless the American empire begins unraveling, which it could do.’

How Stupid Do You Have To Be To Let This Happen?

Europe is the birthplace of Western civilization and the source of most of the trends and bodies of knowledge that define modernity. The average European speaks several languages versus sometimes less than one for Americans. They are, in short, a well-schooled people with vast accumulated wisdom.
So how do we explain this: After World War II most European countries set up generous entitlement systems including government pensions designed to offer dignified retirements to citizens who had worked hard and paid taxes and obeyed the rules for a lifetime. BUT they didn’t bother putting anything aside for the inevitable – and mathematically predictable – retirement of the immense baby boomer generation. Here’s an excerpt from a recent Wall Street Journal article outlining the problem:
Europe Faces Pension Predicament
State-funded pensions are at the heart of Europe’s social-welfare model, insulating people from extreme poverty in old age. Most European countries have set aside almost nothing to pay these benefits, simply funding them each year out of tax revenue. Now, European countries face a demographic tsunami, in the form of a growing mismatch between low birthrates and high longevity, for which few are prepared.

This post was published at DollarCollapse on March 27, 2016.

China Tries To “Suddenly” Pop Latest Housing Bubble While Reflating Stock, Car Bubbles

One week ago we demonstrated just how massive the second Chinese housing bubble when we showed the ridiculous move at the epicenter of China’s latest scramble to reflate “animal spirits” in Shenzhen – one which has put even the recent Chinese stock market bubble to shame – as follows:

It appears that the Chinese Politburo has also noticed that it finds itself straddled with yet another unsustainable housing bubble, not only in Shenzhen, but also Shanghai, and all other Tier 1 cities…

This post was published at Zero Hedge on 03/27/2016.