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6.10.2017 Bookmark

Off the Rails
 
It’s been quite a while since I left the reservation and did a talk about “conspiracy” stuff, and today I’d like to go there for a change.  
 
Unless you’ve been living under a rock, you’re well aware that since the Election of Donald Trump, there’s been nothing in the news OTHER than Trump, Russia, hacking, leaks, Comey, Wikileaks, Emails, etc. etc.  It never stops, and one of the most prescient forecasts I ever made was Election night when I said to everyone “this isn’t over”  I didn’t know how right I was.

 
But here’s the thing folks. We get bombarded with so much Russia this and Comey that, concerning who Trump might have known or talked to, or who tried to throw the election, and blah blah, that we lose sight of a much much bigger picture.  We are living witness to a power struggle at the upper echelons of the Deep state, that we have never seen before.
 
Seth Rich is dead. I’m sure you’re all aware of that. You might not be aware that he was not alone in his death. In the last year, 6 people with ties to the Clinton Foundation, and/or the DNC have mysteriously died.  Let’s just do a bit of a round up...
 
Shawn Lucas, was an attorney working to expose the Democratic National Committee fraud case, was found dead in his home on August 2. Lucas, was found dead in his bathroom just days after he served papers to the Democratic National Committee.
 
Author Victor Thorn, 54, had written extensively on the Clintons and their scandals. He was reportedly working on a new book and had top secret emails that would damage Clinton. He was found dead with a gunshot wound to the head earlier this month. His death was ruled a suicide but those close to him said he would never have taken his own life, reported American Free Press.
 
Former UN President John Ashe “accidentally” crushed his own throat while lifting weights on June 22. The New York Post’s Page Six reported his death was “conveniently timed” as he was scheduled to testify against the Clintons and the Democrat Party.
 
Joe Montano, a close aide to Hillary Clinton’s running mate Sen. Tim Kaine of Virginia, died on July 25, the day the Democratic National Convention opened, according to the Washington Post. The cause was said to be a heart attack, but Montano was only 47.
 
All of those took place last year. But few have heard of this ...
 
Last week, (Actually May 31st I think)  Federal prosecutor Beranton Whisenant was found dead on a beach in Hollywood, Florida, which is Debbie Wasserman Schultz’s district. (Some embarrassing emails written by Wasserman Schultz were part of the Wikileaks DNC dump.)
 
Police say Whisenant suffered head trauma possibly caused by a gunshot, according to the Miami Herald.
 
Whisenant worked in the major crimes unit in the U.S. Attorney’s office in Miami and usually dealt with immigration cases. ABC News reported that he “had been working on visa and passport fraud cases, according to court documents.”
 
Some believe that he was investigating the immigration status of the Awan brothers, the Pakistani congressional IT aides who have been accused of stealing equipment and the possible breaches of the House IT network. Imran Awan worked for Debbie Wasserman Schultz.
 
Last week, Wasserman Schultz threatened the police chief with “consequences” for not returning the laptops seized in the investigation of the Awan brothers. 
 
So we have dead people, and all of them with a common thread...information that could make Hillary, and the DNC look like the criminals they are. And they’re in a panic, because just like peeling an onion, each layer that comes off reveals more and more corruption/spying/lying/cheating/surveillance/contracts/international transfers of technology and information/etc.
 
Because of this onion, where each layer opens the door to more mystery, the Deep state is in panic mode. A lot of people think that Seth Rich was murdered to keep everyone from finding out that it was him that leaked the Documents to Wikileaks, and thus blowing up the whole “The Russians did it” theme. No folks, that’s just the excuse they’re pushing.  Everyone and his brother knows Rich was the leaker, that’s not why they’re in a panic. They’re in a panic, because the “hit” had to come down from someone. As they go up the ladder finding out who ordered the hits, the people behind the order...get investigated.
 
And those people have “connections” and deals. Consider the Awan Brothers mentioned above. They supplied the IT throughout the DNC and parts of the House. They had multiple “strange” businesses. They also had a way of recording (taping) the highest level conversations, and intercepting high level security information. Information that fetches high prices in the global marketplace.
 
Fox News is told the employees made “unauthorized access” to the House computer system.Further, there were instances where House information was discovered in an external “cloud” server. The contractors in question reportedly were sending and storing House-related information in that off-site server.
 
“That violates House rules and it puts the House at risk,” a source familiar with the investigation said.
 
 
It has been alleged that Imran Awan had achieved a privilege escalation through Social Engineering. Essentially Imran... through the political clout around of the Congressional leaders he worked for,  and convinced the Capitol Hill IT staff to escalate the Awans to super user privileges to work on the “Congressional Machines”. One device in particular was the Wasserman iPad compromised in the DNC Leak. It has been also alleged they may have had Podesta’s password.
 
So, these Awan’s disappear, with some fleeing to Pakistan. I’m not here today to unravel the Seth Rich case. I’m here to show you that there is cover up of the HIGHEST level going on as we speak. It’s spy versus spy and the rewards are very great. Suppose you’re a deep state high level player and your millions come via high end military contracts. Do you suppose that having access to some  “what they thought” were private Congressional conversations, might be useful in getting those contracts?  There’s compromised Blackberries and laptops with those very conversations. Some could be quite damaging, no? Yes.
 
Which brings me full circle here. On 6/6 Hannity had Sara Carter on from Circa news, and the topic was that there’s an ex-intelligence Contractor that’s suing James Comey for covering up the civil rights of people. Now get this... he’s talking ....20....MILLION...people. That’s right folks, this guy says he provided proof that 20  million Americans have been unmasked, Every phone call, every text, every bank account, Internet searches, every everything about them.  Here’s a bit from Circa...
 
SA former U.S. intelligence contractor tells Circa he walked away with more than 600 million classified documents on 47 hard drives from the National Security Agency and the CIA, a haul potentially larger than Edward Snowden's now infamous breach.
 
And now he is suing former FBI Director James Comey and other government figures, alleging the bureau has covered up evidence he provided them showing widespread spying on Americans that violated civil liberties.
 
The suit, filed late Monday night by Dennis Montgomery, was assigned to the same federal judge who has already ruled that some of the NSA's collection of data on Americans violates the U.S. Constitution’s Fourth Amendment, setting up an intriguing legal proceeding in the nation’s capital this summer.
 
Montgomery says the evidence he gave to the FBI chronicle the warrantless collection of phone, financial and personal data and the unmasking of identities in spy data about millions of Americans,.
 
So folks, what’s up with that?? Why would the FBI/CIA spooks want to unmask 20 million Americans during Obama’s reign?  Who told them to, and for what? 
 
I suspect that if a true investigation was launched on those 20 million they unmasked,  you’d find what we used to call Americans on that list. People that love the Constitution, people that want America to be America. Patriots. People that push back against socialism. You know, the very people Obama apparently hated.
 
There’s NO question that “they” have been trying to get Trump out of office since day one. Every day there’s threat of impeachment and every ten seconds some media outlet gushing about how horrible Trump is. When you’re in the multi-billion dollar arms industry, just “talk” about normalizing relations with Russia is taboo.  Something that seems so natural to you and I, that being “friends” with the second major power on earth, is a massive no-no to the Deep State. We always have to have an evil empire to spend our trillions trying to keep in check. How sad. 
 
This isn’t over. More and more bizarre things are going to come to light. The big problem that the Deep State has with the Seth Rich thing is that Rich was a Bernie supporter and some of his more rabid supporters are NOT letting this die, they’re actually on the ground  doing their own investigations. The Deep State is enormously bothered by this, as some of these folks have dug up some pretty good stuff in the “onion peels”   Every day there’s a new fire they have to put out.  
 
Buy more popcorn, this show has a long way to play out.
 
The Market....
 
Well that was certainly interesting.  Heading into this past week, all eyes were to be on Thursday as we had 3 events slated. First, we’d hear from the ECB and what they plan to do concerning interest rates and their level of QE. Well the Street was fond to learn that good ole Mario Draghi, was in no way going to upset the applecart, and he said interest rates would remain the same, he’d continue buying 60 billion worth of financial assets a month, at least into December and then topped it with... if things started to slow, they’d INCREASE their QE.
 
So the Street loved every minute of that. They had the “nod” that the Central banks would indeed keep the market elevated. So next up was the whole Comey fiasco. Everyone was waiting to hear the big bombshell that would give the lunatic fringe a reason to push to impeach Trump. It didn’t come. What did come was proof that Comey lied many times, leaked information to the press and had no bombshells to drop. 
 
The final thing was the UK “snap” vote. But that came and went fairly uneventfully, and all was well with market land.  So, Monday - Thursday the market wandered sort of sideways, and we saw a lot of sector rotations and treading water.  But then Friday hit.
 
Friday was uber bizarre.  We started the day green and it kept building and building. At one point the DOW was up over 100 and the S&P was up 9 and all time highs were everywhere. But around noon the air started leaking out and by 1 or so, the DOW was up just 20 and the S&P flirting with red. Then the S&P actually went red.
 
But what happened over in the techs was really quite telling about how “shallow” this market is.  There was some weakness in the so called FANG stocks, and the QQQ’s were not doing too well. There seemed to be some rotation out of the high flyers. Well, then “something” happened, and in mere moments AMZN was down 80 points. Google was down 50, AAPL down 8. It was a “flash crash”.
 
Some are saying that this is all because some trader wanted to sell 200 shares of Amazon, but inadvertently entered 200,000 and that spooked the Algo-bots into dumping anything “FANG”.   And boy, did they. Priceline down 40, Netflix down about 10, etc. 
 
They halted the freefall and brought most of them back up some, but even as the final bell rang the damage was pretty severe.
AMZN down 32
PCLN down 50
GOOG down 33
AAPL down 6
NFLX down 7
Etc.Etc. 
 
So the question becomes... is this that rare buying opportunity to pick up the highest fliers on sale? Or, was this the warning shot and it just goes to show how delicate and shallow this market is? 
 
Well, there’s no question that the market is shallow. The Centralized ETF buying has created a very strange monster, where the biggest “market caps” get the bulk of the ETF money that pours in. This is why stocks like TSLA can be 350 bucks a share, while they make no money and burn through a billion a year.
 
So, the market is shallow and all valuations are distorted to high heaven. Yet that might not stop them from keeping things going just as they have for the last 4 years. The next wave of Central bank fiat money that hits the ETF’s very well might go right back into AMZN, GOOG, PCLN, etc. 
 
The only thing that raises a flag is that the FANG’s were indeed well on their way down ‘before” the momentary flash crash. So there’s no question that they were indeed taking money out of the highest fliers and putting it in DOW stocks ahead of the mini crash... and that “could” mean that they are going to rotate out of tech for a while.
 
I’d suggest taking a couple days to just keep an eye on things, and see if they continue to buy up the FANGS, or if they start sagging again. If they do start heading back down, one might want to consider taking some small shortside positions. But if they drive these right back up, chances are they’re going to continue going to ever more crazy heights.
 
What a very strange time we live in. Have fun and I’ll see you all Wednesday. 

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