Caught On Tape: Man Steals $1.6 Million Bucket Full Of Gold In Midtown Manhattan In Broad Daylight

Police released footage on Tuesday of what may be the luckiest theft in recent history. In the clip, a man brazenly swipes an 86-pound bucket full of gold worth $1.6 million from the back of an unattended armored truck on West 48th Street in the Diamond District on Sept. 29, in broad daylight, as tourists and locals were walking in and out of the jewelry stores that line the block.
The footage, first obtained by NBC 4 New York showed the man capitalizing on a 20-second window left open by the guards, one of whom was making a pickup while the other was walking to the front seat. The suspect allegedly cased the open Loomis International truck as it parked outside 48 W. 48th St., near Sixth Avenue. Realizing no one was looking, he then grabbed a black 5-gallon bucket carrying 86 pounds of gold flakes bound for Ontario and ran away with it in his arms, police said.


This post was published at Zero Hedge on Nov 30, 2016.

Steven Mnuchin Roils Bond Markets With Suggestion Of 100 Year Treasury Bond

Barely having confirmed he will be Donald Trump’s nominee for Treasury Secretary, Steven Mnuchin proceeded to roil the bond market when the former Goldman banker told CNBC he would look at extending the maturity of future Treasury issuance, hinting at 50 and 100 Year bonds, which promptly sent long-term US bond yields surging by the most since the turmoil following Trump’s election victory.
30-year Treasury yields spiked as much as 12 basis points to 3.06%, after Mnuchin said ultra-long bond sales would be considered. His comments also pushed 5s30s curve from a session low 115bps to above 122bp in just over an hour, rapidly steepening the curve, as the 30Y yield rose as much as 14bp to within 1bp of its YTD high.
While losses were later pared in the 3pm index rebalancing, the selloff capped the worst month for US Treasuries in more than five years, driven by gains for stocks and expectations Trump presidency will bring wider deficits, higher inflation and Fed rate increases

This post was published at Zero Hedge on Nov 30, 2016.

Exposing The Hoax That If The Stock Market Rises The Economy Is Doing Well – Episode 1140a

The following video was published by X22Report on Nov 30, 2016
Australian housing market completely implodes on itself. ADP reports more individuals getting jobs after a revision. The jobs are not manufacturing but service sector jobs. House hold debt hits 12.4 trillion as delinquencies rise. Pending homes sales fall as rates rise. Mortgage apps and refinances decline. Negative interest rates does not benefit the people. Young Senator shows the government wastes money on ridiculous projects. Exposing the hoax of a strong stock market does not translate into a strong vibrant economy. OPEC makes deal to cut oil production, which means oil prices will be rising.