Thursday, June 8, 2023

Rates Are Blowing Out: A 1% Increase In 10Y Yields Will Slash P/E Multiples By 18%


    from ZeroHedge:

    As Bloomberg macro technician William Maloney writes this morning, after a lengthy period of meandering, the yield on 10-year U.S. Treasuries spiked above 1.0% and hit 1.052% amid an ascending triangle breakout, signalling a further rise could be on the way. According to Maloney, the breakout could set up a run to 1.09%, which is 76.4% Fibonacci of the March 19 peak to August low.

    Trump supporters in ARMED STANDOFF with police inside US Capitol as offices evacuated & lawmakers told to don gas masks – reports


      from RT:

      Images from inside the US capitol are showing what appears to be an armed stand-off between police and Trump supporters at the door to the chamber of the House of Representatives.

      Capitol Police have locked off the Senate chamber and have guns drawn as protesters are pounding on the doors and reportedly vandalizing the building.

      The CHICOMS Are Ordering Hits On Election Investigators and Continue to Bribe Several Elected Officials To Aid In Stealing the Election


        by Dave Hodges, The Common Sense Show:

        Whether it is the vaccine industry, the CHICOMS are involved at some level. Or, if we are speaking about corrupt voting machines, the CHICOMS are involved. In the case of the most prominent State officials in Georgia and Arizona, their politicians are “on the take” and people like George Soros and his CHICOM businesses interest are involved as is many of America’s corporate interests who have committed treason against the Republic. All of these claims are presented here on the CSS.

        Trump Slams Pence, Says VP ‘Didn’t Have The Courage’ To Flip Election


          from ZeroHedge:

          Update (1435ET): President Trump has taken to Twitter to express outrage at Vice President Mike Pence, who earlier in the day said he wouldn’t interfere with the results of the 2020 election.

          “Mike Pence didn’t have the courage to do what should have been done to protect our Country and our Constitution, giving States a chance to certify a corrected set of facts, not the fraudulent or inaccurate ones which they were asked to previously certify,” Trump tweeted, adding: “USA demands the truth!”

          COMEX Year in Review


            by Craig Hemke, Sprott Money:

            As you know, the year 2020 saw some remarkable developments for the precious metals. The price of COMEX gold hit new all-time daily highs in August, and price finished at new quarterly highs in June, September, and December. But 2020 was not just about price alone. We saw some amazing and incredible changes within the pricing system as well.

            So before we put 2020 in the rearview mirror, I thought it would be fun to summarize some of the final COMEX data in order to give you some perspective on the incredible and paradigm-changing year we just experienced.

            BREAKING: D.C. Enacts Lockdowns After Trump Supporters Storm Capitol, Force Evacuations


              by Ryan Saavedra, Daily Wire:

              Washington, D.C., Mayor Muriel Bowser announced on Wednesday afternoon that she was instituting a citywide curfew for the entire city at 6:00 in response to Trump supporters who stormed the Capitol building, which forced an evacuation while forcing others to shelter in place. There also appears to be an armed standoff inside one of the chambers.

              Newly-elected Rep. Nancy Mace (R-SC) tweeted out a video of one of the incidents that unfolded in the nation’s capital following a rally that President Donald Trump held.

              China Arrests US Lawyer During “Massive Crackdown” In Hong Kong


                from ZeroHedge:

                Update 11:00pm ETIn what would be a shocking development, Bloomberg reports that during its “massive crackdown” purging countless local activists and politicians, the Hong Kong police – i.e. China – has arrested American Lawyer, John Clancey, using as a pretext the National Security Law, which everyone warned China would use as strawman to crack down on Hong Kong citizens and activists. Well, it now appears that the emboldened Beijing – which is delighted by the ascent of pro-China pushover Joe Biden to the White House  – is also using that law to arrest American citizens.

                Experts Are Warning That The Stock Market Could Fall Dramatically If Democrats Take Control Of The Senate


                  by Michael Snyder, The Economic Collapse Blog:

                  The results from Georgia are going to have enormous implications for the financial markets.  If Democrats win both of the seats that are up for grabs, that will give them control of the Senate, the House of Representatives and the White House.  For the first time since the first two years of Barack Obama’s presidency, the Democrats would have an opportunity to advance their agenda without compromising with the Republicans, and that is extremely frightening for investors.  The Democrats have made it very clear that they intend to raise taxes on big corporations and the ultra-wealthy, and that wouldn’t be good for the stock market bubble at all.

                  Situation Update, Jan 6, 2021 – America’s Day of Reckoning arrives… Trump must now play his hand


                    by Mike Adams, Natural News:

                    With America’s day of reckoning having now arrived, President Trump must now play his full hand to defend the republic against domestic and foreign enemies. Later today, we anticipate VP Mike Pence will betray America, although there is a chance that Sen. Grassley might step in and help save the nation by rejecting the fraudulent electoral votes and sending them back to the states for adjudication.

                    In today’s Situation Update for January 6th, 2021, we cover breaking bombshell news that Barack Obama funded a vote rigging scheme involving the Italian government (and most likely the Vatican as well). Here are the highlights of today’s podcast:

                    BREAKING: Patriots Have Stormed the Capitol Building — Masses Breaching Federal Barriers — Cops Losing Control (VIDEOS)


                      by Cassandra Fairbanks, The Gateway Pundit:

                      Masses of patriots have stormed the Capitol Building after Vice President Mike Pence announced that he will not be standing with President Donald Trump and his supporters.

                      Reporters on the scene say that “thousands” of people have breached the barriers and that there is currently no cellphone service at the building.

                      BREAKING: Electoral Certification Of Joe Biden Moves Forward, Pence Unable To Stop It


                        by Ryan Saavedra, Daily Wire:

                        Vice President Mike Pence announced on Wednesday that he will not stop the certification of Democrat Joe Biden to become the next president of the United States following November’s election.

                        “After an election with significant allegations of voting irregularities and numerous instances of officials setting aside state election law, I share the concerns of millions of Americans about the integrity of chis election,” Pence said in a statement. “The American people choose the American President, and have every right under the law to demand free and fair elections and a full investigation of electoral misconduct. As presiding officer, I will do my duty to ensure that these concerns receive a fair and open hearing in the Congress of the United States. Objections will be heard, evidence will be presented, and the elected representatives of the American people will make their decision.”

                        Pence Breaks From Trump — Tells Congress He Won’t Try To Overturn Election Results


                          by Christian Datoc, The Daily Caller:

                          Vice President Mike Pence shot down President Donald Trump’s hopes that he might somehow overturn the election results in a letter sent to Congress Wednesday afternoon.

                          The letter — which the White House provided to the press just before Pence was set to open the joint session of Congress that will certify the results — notes that “the Founders of our country intended to invest the Vice President with unilateral authority to decide which electoral voters should be counted.”