TFMR Podcast - Friday, September 9

308

After their obvious and deliberate attempt to manipulate the bond market these past 48 hours, I think it has become clear that The Fed does, indeed, intend to raise the Fed Funds rate when they meet in two weeks. Why they are doing this and what they hope to accomplish is what we attempt to explain in this podcast.

I've claimed all along that The Fed CANNOT raise the FF rate, if anything because they would flatten the yield curve and worsen the economy even more. This manipulative move in treasuries is quite clearly an attempt to raise long rates in order to give The Fed "room" to raise short rates...so, when taken together, there is no discernable change to the slope of the curve. The move to raise long rates also helps the BoJ and the ECB, as we explain in this podcast.

The proof is in the pudding and you can see what is happening in these three charts:

But The Fed is playing a VERY dangerous game in their attempts to manage EVERY market. They've attempted to directly and indirectly influence the stock market since February 11 of this year. We'll have to see now if their gamble pays off.

And with rising rates and a rising POSX/USDJPY, you can be assured that the metals are going to continue to feel considerable pressure. Gold might/should hang in there better than silver as it will begin to receive some "safe haven" bids. I think a tradable low is coming again soon. Silver on the other hand may soon see $18.50 fail in a test of $18.00. IF THAT HAPPENS...and it doesn't necessarily HAVE TO, it's just a possibility...the chart below shows that we might have a tradable low there, too.

Anyway, this is all VERY complex and I don't know if I did a decent job of explaining myself. If you find all of this confusing, we can always try again on Monday. In the meantime, there are those out there that have claimed that any further rate hikes will bring about financial catastrophe and derivative failure and market collapses. At this point, given what we've observed over the past 48 hours, I'm afraid we're about to find out if those people are right.

Have a nice weekend.

TF

  308 Comments

tyberious
Sep 10, 2016 - 9:00pm
tyberious
Sep 10, 2016 - 9:07pm

Well respected

Always liked Denzel, since he played Malcolm X. A figure whom is not given much credit for the his deeds.

https://beforeitsnews.com/obama-birthplace-controversy/2016/09/denzel-washington-switches-to-trump-shocks-hollywood-speaks-out-against-obama-video-hillarys-support-vanishing-2508057.html

Edit: He will play Obummer!

tyberious
Sep 10, 2016 - 9:29pm

Not encouraging

Ron Paul: Vote All You Want, the Secret Government Won’t Change

by Carey Wedler, The Anti Media:

Former congressman Ron Paul is outspoken. When he retired from Congress, he called lawmakers psychopathic authoritarians to their faces. He’s also called Donald Trump an authoritarian and asserted Hillary Clinton could have run as a Republican. And just last week, Paul took aim at the foundational structure of American ‘democracy.’

In a recent episode of his web show, the Liberty Report, Ron Paul discussed the Department of Homeland Security’s decision last month to take a more active role in U.S. elections. Secretary Jeh Johnson said he was “considering whether elections should be classified as ‘critical infrastructure,’ affording them the same kinds of enhanced protections that the banking system and the electrical grid receive,” POLITICO reported.

Read More

crylandjr
Sep 10, 2016 - 10:42pm

Paul C Roberts

Blathering about deregulating just makes him look senile. He can't even grasp the most simple fact that nothing about these "markets" have been free since the crony wet dream fed started working its black magic. Stephan has the patience of Job to let Paul ramble in his delusional bullshit.

tyberious
Sep 10, 2016 - 11:37pm

This Chart Predicts Stock

This Chart Predicts Stock Market EXACTLY Since 2012! Check it Out!

This Chart Predicts Stock Market EXACTLY Since 2012! Check it Out!
tyberious
Sep 10, 2016 - 11:38pm

@crylandjr

Excellent comment! h/t

tyberious
Sep 10, 2016 - 11:55pm

Must watch

Still Report #1181 – Judge Jeanine’s Open – 9.10.16

Still Report #1181 – Fox News' Judge Jeanine’s Open – 9.10.16
tyberious
Sep 11, 2016 - 12:09am
tyberious
Sep 11, 2016 - 12:45am
tyberious
Sep 11, 2016 - 12:53am

Happy Anniversary

Let's start at the end. They detected elements in quantities 3 to 60 times the amounts you might expect, and these elements were fission products from nuclear explosions and the daughter decay products of the same.

https://nukeprofessional.blogspot.com/2016/09/was-9-11-actually-nuclear-...

We Need to Learn the Full Story of 9/11 & End the Catastrophic Wars on Terror | Jill Stein

https://geopolitics.co/2016/09/11/we-need-to-learn-the-full-story-of-911...

The Great 9/11 Coverup

https://www.zerohedge.com/news/2016-09-10/great-911-coverup

tyberious
Sep 11, 2016 - 12:56am

Danny B

The FED is out of bullets

The Eurozone project was doomed as soon as it got locked into a common currency. Sales would always flow to the most productive State; https://mishtalk.com/2016/09/09/germ...er-blames-ecb/
"Yellen also agreed that “helicopter money” (really fiscal policy supported by Fed bond purchases to finance deficits) could be useful, but made it clear that it was up to Congress to implement that and the Fed would not lead the charge." Congress will be in deadlock for a long time.
"What this means is if you go to the bank and withdraw $1,000, the bank might only give you $980 in cash because of the “exchange rate” between your bank account and cash. "
Get Ready for “Unencumbered” Interest Rate Policy - The Daily Reckoning

"Economist James Dale Davidson crunched the numbers. Assume the interest on this $200 trillion is 2 %, he says. That means the economy would have to grow by 6% — 300% of GDP — to simply cover the interest charge on the outstanding debt. And that, according to Davidson, implies a $500 billion annual deficit."
"The Federal Open Market Committee had to cut interest rates by an average of 550 basis points over the last nine recessions in order to break the fall and stabilize the economy. It could not possibly do so right now, or next year, or the year after. Quantitative easing (QE) in its current form cannot compensate, and nor can forward guidance. They are largely exhausted in any case."
"“The modern world is insane,” said Chesterton, reflecting on anarchy from above, “not so much because it admits the abnormal… as because it cannot recover the normal.”
Anarchy From Above - The Daily Reckoning

$200 trillion of money printing and this is what we get; https://www.zerohedge.com/sites/defau...0908_GDP_0.jpg
Bondmageddon Sparks Crude Carnage & Biggest Stock Slump In 7 Months | Zero Hedge

" Bank of Japan Head Harihiko Kuroda confessed in January that Japan has a limited GDP potential no matter what policy he employs.

· European Central Bank President Mario Draghi admitted that despite FOUR NIRP cuts and €1 trillion in QE the ECB won’t hit its inflation targets for a decade.

· Federal Reserve Chair Janet Yellen has begun implicitly pushing for Congress to step up in terms of policy because the Fed is effectively out of ammunition."
https://www.zerohedge.com/news/2016-0...-are-terrified

"This is concerning in 2016, and in particular September, because over the past year the US commercial bankruptcy filings jumped from 3% last year to 29%."
https://dailyreckoning.com/dr-content...Bubble.WS_.jpg
https://dailyreckoning.com/four-indic...ts-into-shock/

Reportedly, Hanjin involves 1/2 million containers; https://www.zerohedge.com/news/2016-0...in-ghost-ships

Contradictions from Armstrong

Once again, my post disappeared when almost done. Here is the short version.
Bonds are crashing; Bondmageddon Sparks Crude Carnage & Biggest Stock Slump In 7 Months | Zero Hedge
BUT, Armstrong says that the U.S. dollar will come out on top because of our very deep and liquid bond and equity markets. https://www.armstrongeconomics.com/m...-of-september/
He also claims that sovereign debt will have a complete crash. Half of U.S. sovereign debt has to be re-funded very soon. 1/2 of corporate bonds are junk rated. Where does he get the justification to claim that American bond and equity markets will save the dollar?

"Whatever could go wrong is going wrong in a grand style. True, there are people who see nothing. They will be slaughtered for they form the majority. You cannot tell them anything. They will never acknowledge anything until they lose everything, which will come in the blink of an eye. "
https://www.armstrongeconomics.com/h...de-of-2015-75/

Automating banking

The "London Whale" cost J.P. Morgan a reported $ 6.2 billion loss and a $950 million dollar fine. The actual loss is supposed to be MUCH higher than the $6.2 billion cited. The banks have a plan to get around these problems;
https://sputniknews.com/business/201...isions-ai.html
https://sputniknews.com/asia/2016090...ndia-bank.html
Obummer looks to be trying to raise some cash to keep things going until the election is over; Oil Markets Brace As U.S. Looks To Sell 100 Million Barrels From SPR | OilPrice.com

tyberious
Sep 11, 2016 - 1:03am

Automating banking

I see no reasons not to use AI in most government functions, from Legislature to judicial. No new laws build upon stupid emotional sentiment of the day! For goodness sakes, spitting on the sidewalks is still an crime and you need a permit (to grant permission; allow liberty to do something. ) for inalienable rights?

We come so far and not in a good way!

tyberious
Sep 11, 2016 - 1:12am

Damn!

Still Report #1182 – Clinton Foundation – Greatest Fraud in US History

Still Report #1182 – Clinton Foundation – Greatest Fraud in US History
KC
Sep 11, 2016 - 2:32am

What! PCR won

What kind of dope are some of you smoking! I thought Paul Craig Roberts won the debate hands down. He knows the markets are manipulated and he acknowledged it. OUR OWNERS ARE PRIVATE INTERESTS. The government serves them.

SilveryBlue tyberious
Sep 11, 2016 - 2:40am

Silver Dumping

Good one Tyberious HT to you.

I read the ZH article also. I need to constantly remind myself that any info source needs brains, research & reasoning applied.

It is SO EASY to read and think you are informed. If there is no brain power applied you are just a ping pong ball in the game.

Brother JF is one of the good thinking guys it seems

Markedtofuture
Sep 11, 2016 - 8:29am

Edward Snowden attacks Russia over human rights and hacking

NSA whistleblower says Moscow’s online monitoring of citizens is unnecessary, costly and corrosive of rights

The US whistleblower Edward Snowden has attacked his Russian protectors by criticising the Kremlin’s human rights record and suggesting that its officials have been involved in hacks on US security networks.

Snowden review: Oliver Stone turns true thrills into dated Hollywood fodder

The director’s dramatic retelling of the NSA whistleblower’s rise to infamy boasts a strong central performance from Joseph Gordon-Levitt but its attempts to pander to a multiplex crowd are misjudged

Read more...https://www.theguardian.com/us-news/2016/sep/10/star-treks-zachary-quint...

Safety Dan
Sep 11, 2016 - 8:35am

Chairman Of House Oversight

Read 3 articles on Hillary and her actions. I'm really not trying to do hatchet job.. Just providing articles that are improtant and should change how Americans think..

Chairman Of House Oversight Committee Says They Are Ready To Bring Charges Against Hillary.

by Pamela Williams

Jason Chaffetz, Chairman of the House Oversight Committee says they are ready to bring charges against Hillary Clinton! He says the evidence is extensive, and he wants to public to know this. Chaffetz is a good man who has honestly worked for the American people on many important issues. He is no

September 10th, 2016

https://investmentwatchblog.com/chairman-of-house-oversight-committee-says-they-are-ready-to-bring-charges-against-hillary/

NEW BOMBSHELL INVESTIGATION REVEALS CLINTON FOUNDATION AWASH IN FOREIGN CASH

Madeleine Weast for the Washington Free Beacon reports New York Attorney General Eric Schneiderman allowed the Clinton Foundation and one of its affiliates to fail to identify its foreign donors in charitable filings, a Scripps News investigation has found.

Read more: https://freebeacon.com/politics/ny-ag-…

This Is The Most Important TRUTH You May Ever Face: The BENGHAZI TRUTH

by Pamela Williams

We have been told so many lies about Benghazi, and I knew there was something more to be told. I just did not know how big it really was. It is bigger than any video or gun smuggling that Americans have heard about. It is the biggest lie and treasonous act ever

https://investmentwatchblog.com/this-is-the-most-important-truth-you-may-ever-face-the-benghazi-truth/

Safety Dan
Sep 11, 2016 - 8:39am

MasterCard sued for 19

MasterCard sued for 19 billion in Britain

MasterCard should perhaps their debts, according to a complaint filed in London to the Court of Appeal on competition, charged undue burdens to millions of customers in the UK, to a massive $18.6 billion lawsuit filed on Thursday against MasterCard, CNN reports. MasterCard would have imposed undue interchange fees to merchants

https://bizzfortune.com/2016/09/mastercard-sued-18-6-billion-britain/

Safety Dan
Sep 11, 2016 - 9:00am

Chart of The Day: Corporate

Chart of The Day: Corporate Debt-To-GDP Ratio At Peak Recession Levels

by David Stockman • September 11, 2016

https://davidstockmanscontracorner.com/chart-of-the-day-corporate-debt-t...

Safety Dan
Sep 11, 2016 - 9:02am

Absolute Accurate Prediction of Stock Market.. No Joke..

This Chart Predicts Stock Market EXACTLY Since 2012! Check it Out!

This Chart Predicts Stock Market EXACTLY Since 2012! Check it Out!

Sources:
fed federal reserve s&p 500 balance sheet chart
20160909_EOD23.jpg (968×498)
https://www.zerohedge.com/sites/defaul...
central banks projected.jpg (1100×582)
https://www.zerohedge.com/sites/defaul...
stock market dow s&p
https://www.zerohedge.com/sites/defaul...
20160909_EOD7.jpg (967×485)
https://www.zerohedge.com/sites/defaul...
financial crisis 2008

Video is 9:45min

Joseph Warren
Sep 11, 2016 - 9:05am

15 Years Ago America was Changed

The excuse given was that its for 'safety' and 'national security'. An increasing number of Americans are coming to doubt the official narrative.

Video unavailable
Safety Dan
Sep 11, 2016 - 9:10am

Australian Drs Who Discovered Cancer Cure Will Suicide In 3,2,1

Cure For Cancer Found In Berry From Far North Queensland Rainforest

by Edmondo Burr

Australian scientists may have found the cure for cancer, the disease which kills millions of people each day.

A rare berry containing cancer-fighting compounds has been found in nature that begins to kill cancer cells immediately and it only grows in one place in the entire world; the rainforests of Tropical North Queensland, Australia.

From Underground Reporter:

This cancer-fighting blushwood berry, also known as Hylandia dockrillii, has been uncovered in a far northern part of Australia, known for its proximity to the Great Barrier Reef and over 70 national parks, in the rainforests of North Queensland. The phyto-active compounds in this berry, namely a molecule which scientists are calling EBC-46, are so potent that they’ve killed cancerous tumors in lab experiments in as few as seven days. Other cancers were eradicatedwithin only 48 hours.

Numerous clinical trials have already shown promise for treating cancer in laboratory animals, including horses, rats, and dogs, and the first human trials on a drug made from blush berries may have kept one woman from having to undergo an amputation of her arm. In a shockingtwenty minutes, she says the tumor, “went purple, then black, and within a couple days, the tumor just shriveled up and died.

The compound causes no side effects, and works faster than almost anything doctors have ever seen. It works specifically on spot-melanomas, like skin cancer.

EBC-46 seems to trigger an immune response when injected into cancerous tumor sites. Our white blood cells then attack the tumor and shrink it so that the body can completely dispose of the cancerous cells which formed it.

Blushwood berries seem to be chock-full of this tumor-fighting compound. QIMR Berghofer Medical Research Institute in Queensland, Australia, recently conducted a study on the blushwood berry and found that in over 70 percent of cases, when the compound was used, cancerous tumors die.

Dr. Glen Boyle, who led the study, says, “There’s a compound in the seed — it’s a very, very complicated process to purify this compound and why it’s there in the first place, we don’t know.

Boyle explains that the tree is “very, very picky” about where it will grow. He says, “It’s only on the Atherton Tablelands at the moment and they’re trying to expand that to different places of course because it’d be nice to be able to grow it on a farm somewhere.

Though Dr. Boyle says the blushwood berry compound could be used to augment chemotherapy treatment, there is a possibility that the drug could help cure cancer simply through ingesting the fruit, itself, or applying it topically. No clinical evidence has yet proven the blushwood berry to work in its whole, natural form, but if the compound gained from its flesh is so effective, might not the fruit itself prove efficacious in healing non-metastatic cancers?

Blushwood berry compounds are thought to cut off the oxygen supply to cancer cells, allowing for the removal of tumors without any need for surgery, chemotherapy, or radiation therapy. No wonder an Australian woman was able to save her arm from an amputation.

By Christina Sarich for Underground Reporter

Edit: 2 min video here -

7 News - Scientists find Australian berry to cure cancer
Safety Dan
Sep 11, 2016 - 9:15am

Trey Gowdy Finds Out FBI &

Trey Gowdy Finds Out FBI & DOJ Gave Immunity To People That Deleted Hillary Clinton's Emails

Trey Gowdy Finds Out FBI & DOJ Gave Immunity To People That Deleted Hillary Clinton's Emails

Video made me sick to my stomach and is 4:44min

crylandjr
Sep 11, 2016 - 9:35am

Pcr

Markets can only be manipulated long term with govt/central bank collusion, every stinking "regulation" is bandaid on a corrupt system, or written by cronies to cheat, or both. If you think you need wise overlords to protect you from free competition you do not believe in freedom. Likewise Roberts description of "rents" is straight out of Marx.

StevenBHorse
Sep 11, 2016 - 9:37am

In deference to fair leader

He always comes out and talks about leaving this day alone in terms of conspiracies and what not. Given that this is a public article as well, lets try to keep this on topic in order not to turn any potential subs away.

We have every other day to argue about the true nature of this day. In fact, I believe this is a specific topic on the forums.

Out of respect for Turd, I will keep my mouth shut on this day, I suggest you guys do the same.

AIJ
Sep 11, 2016 - 9:56am

Freedom of speech

Is the glue that holds society together.

Controlled speech kills creativity and motivation.

My scroll tab works fine. That's called freedom of choice.

StevenBHorse
Sep 11, 2016 - 10:06am

Figures

Go find a safe space, and pout about your lack of free speech.

Every fucking year he asks nicely, and every fucking year someone like you comes and bitches about it like a little pussy.

Show some respect, and STFU.

Safety Dan tyberious
Sep 11, 2016 - 10:12am

@ Tyberious Re Chart Predicts Stock Market

Sorry I missed your post and reposted the same below. Great post Ty..


Sep 11, 2016 - 10:22am

Thanks everyone

just now had a chance to catch up with all of the comments since Friday evening. Overall, you've kept things running smoothly and respectfully and I very much appreciate it.

Since there's general agreement that the information in this podcast is helpful and somewhat unique, I'm going to take off the Vault restriction...but I'm not going to publicize or tweet it or make a big deal out of it. I'm simply doing it so that you can send the link to anyone you think needs to hear it.

AIJ StevenBHorse
Sep 11, 2016 - 10:48am

SBH'sA

Thank you for not disappointing me. My scroll tab still works.

OBYW, I don't have a lack of free speech; therefore I'm not whining about it's "loss" and I was under the impression that Craig above all else wanted us to be nice to each other. You contradicted your own premise by your response.

Try to come up with a few more Sophisticated disparagements. Your emotional age is showing.....

and....it's better to think before you write.......

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Key Economic Events Week of 5/20

5/20 7:00 pm ET CGP speech
5/21 10:00 ET Existing Home Sales
5/22 2:00 ET FOMC minutes
5/23 9:45 ET Markit PMIs
5/24 8:30 ET Durable Goods

Key Economic Events Week of 5/13

TWELVE Goon speeches through the week
5/14 8:30 ET Import Price Index
5/15 8:30 ET Retail Sales and Empire State Manu. Idx.
5/15 9:15 ET Cap. Ute. and Ind. Prod.
5/15 10:00 ET Business Inventories
5/16 10:00 ET Housing Starts and Philly Fed
5/17 10:00 ET Consumer Sentiment

Key Economic Events Week of 5/6

5/9 8:30 ET US Trade Deficit
5/9 8:30 ET Producer Price Index (PPI)
5/9 10:00 ET Wholesale Inventories
5/10 8:30 ET Consumer Price Index (CPI)

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