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Hungary’s Orban: EU And “Soros Mafia Network” Are Seeking To “Muslimize Europe”

zerohedge.com / by Tyler Durden / Jul 22, 2017

The war of words between Hungary’s outspoken prime minister Viktor Orban and liberal billionaire George Soros escalated to previously unseen levels on Saturday, when the Hungarian PM said that European Union leaders and Soros are seeking a “new, mixed, Muslimized Europe,” however during a […]

Dollar Licks Wounds as News Stream Doesn’t Improve

marctomarket.com / by Marc Chandler / July 21, 2017

ECB President Draghi did not argue forcefully enough at yesterday’s press conference to dampen the enthusiasm for the euro. The initial dip was quickly bought and the euro chased above last year’s high near $1.1615, and the gains have been extended to nearly $1.1680 today. […]

Qatar, Saudi Arabia To Islamize One Of Europe’s Greatest Cathedrals

zerohedge.com / by Giulio Meotti via The Gatestone Institute / Jul 19, 2017 4:00 AM

In Islamic symbolism, Córdoba is the lost Caliphate. Political authorities in Córdoba dealt a blow to the Catholic Church’s claim of ownership of cathedral by declaring that “religious consecration is not the way to acquire property”. But this is how […]

Artificial Intelligence & the Future

armstrongeconomics.com / by Martin Armstrong / Jul 17, 2017

A number of people have asked about Elon Musk’s reference to us already being cyborgs and the possibility of humans being transformed into house cats dominated by Artificial Intelligence. I have been involved in developing AI since the 1970s. In coding the Socrates systems, I have […]

How High Can the Euro Go on this Reaction – 116 or 125-128?

armstrongeconomics.com / by Martin Armstrong / Jul 16, 2017

This upcoming seminar in Frankfurt Germany will deal with both the short-term and long-term. This has been the Year from Political Hell, and it will not end until after the German elections. With the ECB finally throwing in the towel admitting (but certainly not publicly) […]

Italy Threatens EU With “Nuclear Option”: Give 200,000 Migrants EU Visas, Sending Them North

zerohedge.com / by Tyler Durden / Jul 15, 2017

Two weeks after Italy reacted with anger to Austria’s deployment of troops and armored vehicles to the border between the two nations, while reactivating border controls at the Brenner Pass over concerns that Italy will be unable to handle the roughly 85,000 migrants and […]

Sterling and Antipodeans Trade Higher

marctomarket.com / by Marc Chandler / July 13, 2017

The US dollar is mostly consolidating yesterday’s move. Sterling is pushing back through $1.29 as the hawks on the MPC may not have been dissuaded by disappointing PMI readings and the softer earnings growth. The table is being set for another 5-3 vote at next […]

Sweden Wins Award For ‘Best Country To Be A Migrant’

zerohedge.com / by Tyler Durden / Jul 11, 2017

We have written frequently on the topic of migrant crime in Sweden over the past several months. From attacks on journalists and cops, to the development of so-called “no-go zones” where basic police and postal services have been suspended due to soaring crime levels, […]

Catalonia to Move to Referendum October 1st to Break From Spain

armstrongeconomics.com / by Martin Armstrong / Jul 11, 2017

The Spanish region of Catalonia is preparing to hold a second referendum on separating from of Spain on October 1st, despite warnings from Madrid. Naturally, the EU is against any such separation. However, the regional tensions are historic and Catalonia is the rich and prosperous […]

Has Super Mario Draghi Met His Match?

wolfstreet.com / by Don Quijones / Jul 10, 2017

And this might become a problem for the Fed.

ECB President Mario Draghi wields more power than just about any other public official in Europe, perhaps even including Angela Merkel. The organization he heads not only controls the monetary policy levers of the entire Eurozone, it […]

Gold Market in H1

sunshineprofits.com / ARKADIUSZ SIEROŃ / JULY 7, 2017

A lot happened in the first half of the year. Among many important events, Trump was nominated as POTUS, the Fed hiked its interest rates twice and announced plan to unwind its massive balance sheet, and a few important elections were held in Europe, with Macron taking […]

Taper Tantrum 2.0 Dominates

marctomarket.com / by Marc Chandler / July 7, 2017

Taper Tantrum 2.0, emanating from Europe rather than the United States continues to overshadow other developments. Yesterday, the yield on the 10-year German Bund pushed through the 50 bp mark that has capped the occasional rise in yields in recent months. The record of the […]

U.S. Trade Balance Improves In May As Deficit With China, Europe Shrinks

zerohedge.com / by Tyler Durden / Jul 6, 2017 8:38 AM

Coming in largely as expected, the U.S. monthly international trade deficit decreased in May 2017 from an unrevised $47.6 billion in April (revised) to $46.5 billion in May, fractionaly worse than consensus expectations of $46.3 billion, as exports increased and imports decreased. According […]

Bill Gates Urges End To Generosity, Fears African Refugees Will Decimate Europe

zerohedge.com / by Tyler Durden / Jul 5, 2017

In an interview published Saturday, Bill Gates told German newspaper Welt am Sonntag that Europe will be devastated by African refugees if they don’t “make it more difficult for Africans to reach the continent,” and the solution lies in European nations committing billions of taxpayer […]

Bill Gates: African Refugees Will Decimate Europe Unless They’re Given Tons Of Cash

No terror attacks in Poland because the Polish government protects its people. pic.twitter.com/JXGVDjdb4z

— Voice of Europe (@V_of_Europe) May 25, 2017

ibankcoin.com / zeropointnow / Jul 5, 2017

In an interview published Saturday, Bill Gates told German newspaper Welt am Sonntag that Europe will be devastated by African refugees if they […]

All You Ever Wanted To Know About Brexit In One Giant Chart

zerohedge.com / by Tyler Durden / Jul 5, 2017

As Barclays writes in its fourth update to the Brexit process, the separation of the UK from Europe lies at the center of a maelstrom of risks affecting the United Kingdom. There are now less than two years left to negotiate an agreement with the […]

Italy Openly Discusses Euro Exit in Parliament: Debt Restructuring or “Italeave” on the Way?

mishtalk.com / Mike “Mish” Shedlock / July 5, 2017

In Europe, where it is essentially taboo to publicly discuss anything deemed politically incorrect, some interesting conversations are taking place in the Italian parliament regarding the future of Italy in the eurozone.

Via email, Eurointelligence asks Is Italy heading for debt restructuring or euro exit?

[…]

Dollar Firm as Investors Await Fresh Directional Cues

marctomarket.com / by Marc Chandler / July 5, 2017

The US dollar is enjoying a firm tone today. Yesterday’s two weakest major currencies, the Australian dollar and Swedish krona are the strongest currencies, but little changed on the session. After a strong rebound in the greenback to start the week, it mostly consolidated yesterday. […]

Questions

wallstreetexaminer.com / by Joseph Y. Calhoun / July 3, 2017

We often have discussions in the office that consist primarily of asking questions. Sometimes they are questions we don’t think people are asking enough, sometimes questions we are sick of hearing and most often questions which we can’t answer. Not questions that only we can’t […]

Trump Hopes To Quietly Steal Putin’s Natgas Business In Europe

zerohedge.com / by Tyler Durden / Jul 3, 2017

One month ago, after the shocking collapse of the Gulf nation status quo with the announcement of the diplomatic, naval and financial blockade of Qatar by the Saudi alliance, we said that while it is unclear how this latest political fiasco plays out, one thing […]

The Future Of Multicultural Europe: German City With The Most Immigrants Also Has The Most Crime

shtfplan.com / Daniel Lang / July 3rd, 2017

Over the past 20 years, European cities have slowly become more ethnically diverse, as EU governments open their borders to foreign populations. And as this process has taken place, the authorities have been quick to cover up any crimes that have been committed by these populations. […]

Frontrunning: June 30

zerohedge.com / by Tyler Durden / Jun 30, 2017 7:46 AM

Rhetorical question of the day: Twisted Geniuses or Bumbling Ex-Academics? (WSJ) Markets Steady on Quarter’s Last Day (WSJ) Their fortunes enmeshed, Trump and Putin to hold first meeting next week (Reuters) Oil Is Set for Longest Rally of 2017 (BBG) Brightening economy sets euro […]

Dollar, Bond “Carnage” Pauses; Global Stocks Rebound Led By Tech Shares

zerohedge.com / by Tyler Durden / Jun 30, 2017 6:40 AM

S&P futures rebounded shortly after the stronger than expected European CPI print, rising 0.3% to 2,426, as markets try to forget all about yesterday’s brief 50% VIX surge and tech rout, which trimmed the seventh consecutive quarterly gain for the S&P 500 Index […]

Sweden on the Brink of a Legal Crisis

armstrongeconomics.com / by Martin Armstrong / Jun 30, 2017

A Swedish report has been leaked that concludes the Refugee Crisis is destroying Europe. The report has revealed that the number of lawless areas (commonly referred to as, “no-go zones”) in Sweden have now reached 61, rising from 55 in just one year. This increase […]

The two critical requirements of a Perfect Plan B

sovereignman.com / by Simon Black / June 29, 2017

Yesterday we talked about how most of Western civilization, including the United States and much of Europe, have long ago departed from the original ideals that made them great.

The values of liberty, economic freedom, self-reliance and independence have been replaced by debt, consumption and […]