DAX

Posting this from Horvat, since it parallels what I see for SPX also.
(correction returns price to prior wave 4 of lesser degree.
Bigger correction looms directly ahead as IV.)

A Message from Japan to the World – by Professor Masayasu Inoue.

https://expose-news.com/2024/04/11/a-message-from-japan-to-the-world-by-professor-masayasu-inoue/

“We are witness to the extermination of humanity by psychopaths”
Ray

Stop Watching The Dollar Index (DXY)

Since I have been here(4 years now) I have been saying that what the dollar does pertaining to the DXY is meaningless and meant to be a distraction.

Everyone has been brainwashed to believe that if it is strong, gold and silver have to decline. It is BS except, as I have stated before, when you are placing a short term metals futures trade. That is the only time you should even look at what the DXY is doing.

Physical gold continues to make ATH’s despite recent dollar(DXY) strength. Meantime, some analysts have suggested the dollar will continue to rise in the near term, and it probably will, because the various govts. and central bankers have set things up, so the rest of the world are going to slowly cut rates before the FED actually starts to do so.

That was all by design to keep the dollar from crashing even faster than it already is. It doesn’t matter what the dollar does vs other fiat, it matters what it and all the rest, are doing vs Gold.

In the chart below you see that over the last 4 years the dollar, as depicted by DXY, went from 90 to 115, back to 100 where it has been in a sideways range since, between 100 and 107.

All the while, gold has been going higher, especialy during the time DXY went from 90 to 115.

How Trump Could Beat The Deep State

Rickards is correct about Trump’s bad job in picking appointments the first time around and how to do much better next time.

This is similar to what I said recently when I posted that ALL govt. employees below the cabinet secretaries needed to be removed. Good analysis and a playbook to make a difference next time. https://www.zerohedge.com/political/how-trump-could-beat-deep-state

Tomorrow Julian will have spent five years in Belmarsh high security prison.

https://twitter.com/Stella_Assange/status/1778070011354992995

Inflation has not fallen in a single month since Biden’s term began which leaves overall prices up over 19% since Bodenomics was unleashed.

prices have never been higher.

https://twitter.com/zerohedge/status/1778072582257783225

This is not an Onion headline, seattle edition. Dance team told American flag shirt made some feel ‘triggered and unsafe’ in Seattle

Members of a regional women’s country line dance team said they were effectively kicked out of a Seattle dance convention after organizers claimed their American flag-themed shirts made some attendees feel “triggered and unsafe.”

https://mynorthwest.com/3956973/rantz-seattle-dance-america-flag-shirts-unsafe-triggered/

“We’re Going To Lose A Major War”: US Navy Deletes Photo Of Ship Commander Shooting Rifle With Backwards Scope

Another DEI genius. The only thing missing is his skirt and heels.”

Cmdr. Cameron Yaste, the Commanding Officer of the Arleigh Burke-class guided-missile destroyer USS John S. McCain (DDG 56), was recently photographed shooting a 5.56×45mm M4 carbine with the optics installed backward.

https://www.zerohedge.com/military/were-going-lose-major-war-us-navy-deletes-photo-ship-commander-shooting-rifle-backwards

Tyranny By The Numbers: The Government Wants Your Money Any Way It Can Get It

The government’s schemes to swindle, cheat, scam, and generally defraud taxpayers of their hard-earned dollars have run the gamut from wasteful pork barrel legislation, cronyism and graft to asset forfeiture, costly stimulus packages, and a national security complex that continues to undermine our freedoms while failing to making us any safer.

The government wants your money. It will beg, steal or borrow if necessary, but it wants your money any way it can get it.

Americans have also been made to pay through the nose for the government’s endless wars, subsidization of foreign nations, military empire, welfare state, roads to nowhere, bloated workforce, secret agencies, fusion centers, private prisons, biometric databases, invasive technologies, arsenal of weapons, and every other budgetary line item that is contributing to the fast-growing wealth of the corporate elite at the expense of those who are barely making ends meet—that is, we the taxpayers.

https://www.zerohedge.com/political/tyranny-numbers-government-wants-your-money-any-way-it-can-get-it

Costco selling as much as $200 million in gold bars monthly, Wells Fargo estimates

https://www.cnbc.com/2024/04/09/costco-selling-up-to-200-million-in-gold-bars-a-month-wells-fargo-estimates.html

HA ! Gold is going Main Stream Now

Image

Rickards on “the Trump playbook”

https://www.zerohedge.com/political/how-trump-could-beat-deep-state

re 702 – “inside baseball”

https://theconservativetreehouse.com/blog/2024/04/10/inside-baseball-stuff-on-fisa-702-reauthorization-the-stuff-you-never-see-explained

“The politicians and their key staff cannot fathom how the FBI, DOJ, NSD, DHS and Contractors use this database to conduct political and “other” (think corporate espionage for sale) surveillance. They really do think the IC is full of honorable rank-and-file. They are inside a DC bubble.”

selected comment
PS April 10, 2024 7:54 pm

“The article I saw today was that Johnson is angling for a five year extension. That will coincidentally push the reauthorization decision beyond Trump’s full term, into whatever party gets the next turn at the wheel. If we ever want to see the end of FISA, we need to get Republicans to go for a short renewal so Trump can kill it.”

Official Statement of Stormy Daniels – January 30, 2018

https://twitter.com/JaiShreeRam90/status/1778110850034966847/photo/1

The Central Banking Cartel & Federal Reserve are destroying the livelihoods of every American.

We MUST End The Federal Reserve and kick Central Banks out of America.

https://twitter.com/i/status/1778158166792151126

European Parliament

2 Minutes

US Could Launch Joint Retaliatory Strikes With Israel If It Is Attacked By Iran: Official

The senior U.S. military commander in charge of the Middle East is expected to go to Israel Thursday to coordinate around a possible attack on Israel by Iran and its proxies, two Israeli officials said.

…The commander of the U.S. military central command (CENTCOM) Gen. Erik Kurilla is expected to meet senior Israeli Defense Forces (IDF) officials and Israeli defense minister Yoav Gallant.

https://www.zerohedge.com/markets/oil-soars-report-us-sees-imminent-high-precision-missile-strike-israel-iran

CDC Hid Finding Of Possible Link Between COVID Vaccines and Tinnitus

The agency never informed the public about the findings made while analyzing data from its Vaccine Safety Datalink system.

The signs were found while analyzing data from the CDC’s Vaccine Safety Datalink (VSD), which has been described as one of the stronger CDC surveillance systems because it utilizes health care records.

The detection of the signs came just after the CDC told a reporter that there were no signs of large numbers of cases of tinnitus, which commonly manifests as a constant ringing in the head, following COVID-19 vaccination, documents obtained by The Epoch Times show.

The CDC never updated the reporter, whose story reported that the CDC had not found a clustering of cases.

https://www.zerohedge.com/political/cdc-hid-finding-possible-link-between-covid-vaccines-and-tinnitus

Swiss-Hosted Ukraine Peace Summit To Include 100 Countries, But Not Russia

Another empty international exercise?

The much anticipated Switzerland-hosted international Ukraine peace conference is finally coming together, the Swiss government announced Wednesday; however, it will not include Russian representation. Moscow’s absence sets the stage for a mere empty exercise is affirming Zelensky’s own vision for what an end to the war would look like.

“Switzerland’s government said Wednesday it will host a high-level international conference in June to help chart a path toward peace in Ukraine after more than two years of war, in hopes that Russia might join in the peace process one day,” The Associated Press reports of the announcement.

https://www.zerohedge.com/geopolitical/swiss-hosted-ukraine-peace-summit-include-100-countries-not-russia

 

I suppose what comes next is “Russia is not adhering to the terms of the Swiss negotiated peace agreement” …… another boondoggle in the Swiss Alps for bureaucrats from 100 countries!

Vince Lanci

YT – on gold and silver – short presentation.

DOLLAR INDEX BREAKING OUT

Now we will see what This Gold Bull is made of

Time for Gold to give the middle finger to the Dollar Index ..

Interest rates breaking out Too

House Conservatives Tank FISA Bill in Blow to Speaker Johnson

By Joseph Lord of The Epoch Times

House conservatives on April 10 tanked a procedural vote to advance a surveillance power reauthorization bill in protest against its lack of warrant requirements. The development is another blow to Speaker Mike Johnson (R-La.) who already faces an ouster threat from Rep. Marjorie Taylor Greene (R-Ga.).

In a 193-226 vote, lawmakers voted not to advance Rep. Laurel Lee’s (R-Fla.) “Reforming Intelligence and Securing America” Act, which would extend the Foreign Intelligence Surveillance Act’s (FISA’s) controversial Section 702 for a period of five years. The warrantless surveillance power is due to lapse on April 19.

While such procedural votes normally advance along party lines, 19 Republicans joined all Democrats to block the bill, employing a tactic increasingly used by GOP factions to apply pressure on leadership.

Conservatives who voted against the bill’s advancement were Reps. Greene, Matt Gaetz (R-Fla.), Lauren Boebert (R-Colo.), Dan Bishop (R-N.C), Andy Biggs (R-Ariz.), Tim Burchett (R-Tenn.), Michael Cloud (R-Texas), Bob Good (R-Va.), Nancy Mace (R-S.C.), Ralph Norman (R-S.C.), Chip Roy (R-Texas.), Eli Crane (R-Ariz.), Paul Gosar (R-Ariz.), Clay Higgins (R-La.), Anna Paulina Luna (R-Fla.), Cory Mills (R-Fla.), Scott Perry (R-Pa.), Matt Rosendale (R-Md.), and Greg Steube (R-Fla.)

It’s yet another failure for House Speaker Mike Johnson (R-La.), who in February had to pull a similar bill from the floor.

FISA Section 702 is one of several post 9/11 surveillance authorities that have come under scrutiny as some lawmakers from across the political aisle have raised alarm over its potential to violate the civil liberties of Americans.

Section 702, which was last authorized in 2018, was intended to permit warrantless surveillance of foreign nationals located outside the United States. However, in practice, it also sweeps up communications with U.S. citizens.

The Duran

China takes a hard line with Yellen
Alex Christoforou, Alexander Mercouris (24:37)

https://www.youtube.com/watch?v=YV6UZWlSUAw

Rus Storms Kransogorovka, Chasov Yar; China Invites Putin; Trump, Mike Johnson Humiliate Cameron
Alexander Mercouris (1:26:21)

https://www.youtube.com/watch?v=2yaG1gPN65g

Cameron meets Trump. Russia claims Burisma links. Annalena, no more Patriots. Elensky, new offensive
Alex Christoforou (34:13)

https://www.youtube.com/watch?v=i6clrTyqZmA

MILITARY SUMMARY CHANNEL:
The Russians Entered Urozhaine. Fights Are Going On In Krasnohorivka. Military Summary For 2024.4.10
Dima (15:35)

https://www.youtube.com/watch?v=NM_47liALXY

The Bloom | Advances On Netailovo | Chasiv Yar And Krasnohorivka Battles. Military Summary 2024.10.4
Dima (Live at 12:30 PDST, 15:30 EDST)

https://www.youtube.com/watch?v=ZVC2u673_Ok

Don’t fall for the “avian influenza virus” hoax!

No one has valid scientific evidence to show that “avian influenza virus” H5N1 (or any other alleged “virus”) even exists.

Here is a Notice of Conditional Acceptance for farmers (to be adapted for your own “country”), thanks to Calvin Perrins and Michael O’Bernicia:

https://christinemasseyfois.substack.com/p/dont-fall-for-the-avian-influenza?

Congress Bribes Itself To Renew Dystopian FISA ‘Sham Reforms’

Late last year, Congress elected to punt the issue of FISA renewal – the Foreign Intelligence Surveillance Act that was designed to surveil terrorists in foreign countries, and has since been horrendously abused by the US intelligence community to target Americans – including former President Donald Trump.

Now, they have 9 days to go to come up with a permanent replacement. To that end, House Speaker Mike Johnson put forth “RISAA” – a bill backed by Ohio Rep. Mike Turner and the intelligence committee, and just passed through the House Rules Committee – where a final floor vote will likely take place on Thursday.

Privacy hawks, however, point out that it’s a steaming pile of shit with no meaningful language to protect privacy rights – except for members of Congress, who gave themselves a carve out which requires the FBI to notify and seek consent from Congress before spying on them.

What’s more, critics say the RISAA essentially codifies surveillance abuses into law.

Under Section 702 of the FISA, the government is authorized to gather foreigners’ communications if they have been flagged in connection with national security matters. The communications can be gathered even if the target was speaking about, or with, Americans.

“Speaker of the House Mike Johnson claims that RISAA reflects a compromise,” reads a joint statement from the Electronic Privacy Information Center, the Brennan Center for Justice and Freedomworks. “In reality, this bill is not a ‘compromise,’ and its 56 ‘reforms’ codify the unacceptable status quo.

The bill has also caused a rift within the Republican party over privacy rights. As the Daily Caller‘s Reagan Reese notes:

The GOP is divided into two broad camps over various proposed reforms, perhaps most notably a warrant requirement. National security hawks aligned with the House Permanent Select Committee on Intelligence have expressed more opposition to the requirement and other privacy-minded reforms — members aligned with the Judiciary Committee are stressing that FISA must no longer be a tool that can be used to spy on Americans, like what happened with the Trump campaign. -Daily Caller

“It’s delicate right now. The place is about to combust,” one GOP source told the Caller on Monday.

ZeroHedge

Gemini on Constitutional Reform (via Ras)

Q&A in first comment

The Baton Has Just Been Passed

As in a relay race, the baton has just been passed from gold to silver. This morning’s overdue correction/smackdown, has turned out to be the expected buy the dip, gift opportunity. Gold will continue to make new ATH’s but probably less dramatically and a little slower and more deliberately, going forward. Silver, however is now going to take the lead and run rapidly and bigly from here. HI HO SILVER, AWAY!

Godfather Of AI Warns Of ‘Battle Robots’

The world could encounter major disasters before the use of Artificial Intelligence (AI) weapons is regulated in a proper manner, according to Turing Award-winning scientist Geoffrey Hinton, seen as a pioneer of the technology.

The former Google engineer, who quit the company last year, compared the use of the technology for military purposes to chemical weapons deployment – warning that “very nasty things” will occur before the global community arrives at a comprehensive agreement comparable to the Geneva Conventions.

“The threat I spoke out about is the existential threat,” Professor Hinton said on Tuesday in an interview with Irish broadcaster RTE News, emphasising that “these things will get much more intelligent than us and they will take over.”

The computer scientist highlighted the impact of AI on disinformation and job displacement, and also on weapons of the future.

“One of the threats is ‘battle robots’ which will make it much easier for rich countries to wage war on smaller, poorer countries and they are going to be very nasty and I think they are inevitably coming,” Hinton warned.

He urged governments to put pressure on tech majors, especially in California, to conduct in-depth research on the safety of AI technology.

“Rather than it being an afterthought, there should be government incentives to ensure companies put a lot of work into safety and some of that is happening now,” Hinton said.

The scientist also highlighted huge benefits that AI can bring to humanity, particularly in healthcare, adding that he does not regret any of his contributions to the technology.

Despite the mounting interest in AI, several high-profile figures in the tech industry have warned of the potential dangers posed by the unregulated adoption of the technology. Hinton, who quit Google last year, has waged a media campaign to warn of the risks. Tesla CEO Elon Musk, Apple co-founder Steve Wozniak and Yoshua Bengio, who is considered an AI pioneer for his work on neural networks, were among the top industry figures to co-sign a letter last year calling for aggressive regulation of the AI sector.

RT

About that overbought sentiment in PMs

… nowhere even close yet!

https://twitter.com/marketplunger1/status/1777998959404888224

I just wondered why the poster’s Twitter handle contains “plunger”? Calling Sir Plunger!

GL