WarMachines.com

Industrial War Machine Complex – Buy Bitcoin Defeat Corrupt Governments Everywhere!!


WarMachines.com
Ex-HSBC Currency Trader Convicted Of Fraud In Massive Front-Running Scandal

Ex-HSBC currency trader Mark Johnson, who was unwittingly captured on an audio recording saying “I think we got away with it,” has just been convicted by a jury in New York of fraud for front-running a $3.5 billion transaction that netted his firm some $8 million in illicit profits.  Per Bloomberg: Former HSBC Holdings Plc […]


Are Cryptocurrencies Inflationary?

Are Cryptocurrencies Inflationary? Posted with permission and written by John Rubino, Dollar Collapse      There’s a debate raging over what, exactly, bitcoin and the thousand or so other cryptocurrencies actually are. Some heavy-hitters are weighing in with strong, if not always coherent opinions:   Jamie Dimon calls bitcoin a ‘fraud’   JPMorgan Chase CEO […]


Air Force Denies That US Nuclear Bombers Are Being Put Back On 24-Hour Alert

There were many unanswered questions following last night’s story from Defense One, according to which the US Air Force would put nuclear bombers on high, 24-hour alert for the first time since the end of the cold war in 1991. There may be even more questions on Monday, when the Air Force denied the report […]


Gold Jumps As Trump Says “Very, Very Close” To Fed Chair Decision

The Dollar index dropped and gold jumped as President Trump told reporters during a meeting with the prime minister of Singapore that he was "very very close" to a decision on who would be the next chair(person) of The Fed… Jerome Powell continues to be the front-runner… And gold is up…   Pushing the precious […]


It’s Time To Take Central Bankers’ “Calm Assurances” With A Pinch Of Salt

"It could be time to fire up your engines," suggests former fund manager Richard Breslow, urging some life back into the seemingly oblivious markets… Via Bloomberg, There’s a lot of uncertainty out there and the response to it shouldn’t be an inability to trade. How about a little frenetic back and forth? We could use […]


Dow 500,000?

Authored by Lance Roberts via RealInvestmentAdvice.com, I genuinely admire Morgan Housel. I think he is a brilliant and talented writer. However, he sent out a tweet on Friday that really struck a chord with me. If you're less than 50 years old and the market returns at least 5% a year on average the Dow […]


Bill Ackman: “I’m Only Second To Donald Trump In Terms Of Clicks On The Internet”

There are several delightful tidbits in this weekend’s FT interview with ADP CEO Carlos Rodriguez, who has been engaged in a bitter proxy fight with activist investor Bill ackman. For those who are familiar with the Pershing Square head, it will come as no surprise that he has long harbored megalomaniac tendencies. For everyone else, […]


GE Is Crashing… Again

After Friday's farcical face-ripping ramp back to recent highs (from a 10% plunge pre-market) after dismal earnings and outlook, it appears 'investors' took the weekend to actually read the report and transcripts… Someone turn the bloody machines back on!! Bloomberg reports that General Electric’s weak third-quarter results and outlook prompted multiple rating downgrades on Monday, […]


House Republicans Propose Leaving Income Tax Rate Unchanged For Million-Dollar Earners

Now that the Senate has passed the $4 trillion federal budget, unlocking the reconciliation process and clearing the way for tax reform, Republicans on the House Ways and Means Committee are hashing out the finer points of tax reform. And in keeping with the spirit of Treasury Secretary Steven Mnuchin’s promise that the lopsided nature […]


Here It Comes: The Longest Streak Ever Without A 3% Correction In US History

Via LPLResearch.com, 2017 continues to break records, as the S&P 500 Index makes new highs amid historically low volatility: The index has now gone 33 consecutive sessions without a 0.5% daily decline, which is the longest streak since 1995. The index’s average daily change on an absolute basis so far this year has been only […]


Rex Tillerson Makes “Secret” Visit To Afghanistan

One day after Rex Tillerson’s visit to Saudi Arabia, which came as part of the US Secretary of State’s concerted efforts to curb Iran’s rapidly expanding influence in the region, including boosting the clout of Sunni-ruled Saudi Arabia in Shiite-majority Iraq, and urging Iranian militias to leave Iraq as the “fighting against ISIS comes to […]


Bitcoin Tumbles After Saudi Prince Calls Crypto – “Enron In The Making”

Another day, another elite with a petrodollar ax to grind denigrates crytpocurrencies. This morning's prognosticator was Saudi Arabian Prince Alwaleed bin Talal Al Saud who told CNBC… "I just don’t believe in this bitcoin thing. I think it’s just going to implode one day. I think this is Enron in the making."   "It just doesn’t make […]


Ray Dalio Explains What Is “The Most Important Economic, Political And Social Issue Of Our Time”

Every quarter, the Fed's Flow of Funds report discloses – among many other things – the total U.S. household net worth, and every quarter for the past two years this number has steadily gone up, hitting fresh all time highs with every new release, most recently $96.2 trillion, to widespread cheers from both the financial […]


Falling Interest, Gold and Silver Report 22 Oct 2017

Last week, we discussed the marginal productivity of debt. This is how much each newly-borrowed dollar adds to GDP. And ever since the interest rate began its falling trend in 1981, marginal productivity of debt has tightly correlated with interest. The lower the interest rate, the less productive additional borrowing has in fact become. Let’s […]