Dec 15, 2014
Manipulation Mondays with Andrew Hoffman:
OIL CRASH!
- 1/3 of capex
- historic Baker Hughes rig count drop last week
-heavy crude, Bakken and lesser grades down far more than oil prices
-exotic derivative securities being exposed
-UAE minister says $40 likely
-Saudi WAR on low cost production worldwide, which became a massive bubble due to money printing and rate suppression
-ARTICLE - "2015 Shale oil = 2008 subrprime mortgages"
Japan snap elections
-Abe landslide victory, Japan mindset dangerously like 1930s Germany
-more than ever, believe Japan will be first "first world" economy to experience 21st century hyperinflation
Greek snap elections
-last will be 12/29, could pave way to inevitable GrExit and end of Euro
-gee, I wonder why Draghi leaking that he wants to leave
-ARTICLE "revenge of the people" - whole world, via "pen" and shortly, "sword" rebelling against economic destruction of Central banks
-ARTICLE (to be published today) "the re-emergence of real money"
-NY Times article, "Golden Age"
-gold repatriation wave - now Belgium and Austria
FOMC meeting Wednesday
-ARTICLE "six days and counting"
-could very well be the inevitable "Yellen Reversal" we have written of for months, which will end the orchestrated PM bear permanently.
-then again, today's article ("end of the PM 'bear market'") shows how gold has been soaring in most currencies already
-U.S. economic data collapsing
-Empire State today, Black Friday sales, etc.
That's enough for now.