Trade Deal In The Works, Time To Get Rid Of Federal Taxes, Boom

Report date: 06.30.2019

Trump and Xi meet at the G20 summit, trade talks will resume. Trump will not raise tariffs, tariffs will be dropped once China keeps its promises. Boom, the transition is moving forward. Trump making deals with many leaders, the transition is coming close to competition. There is now a call to remove the federal withholding tax, this is part of the plan and it was dripped out to start the conversation.

History Was Just Made, Watch Everything Fall Into Place, Panic Everywhere

[DS] believe that when they are arrested, Trump will lose the 2020 election and they will be pardoned. Nunes cautious about Mueller testifying, but says all questions need to be answered. JW via testimony shows Obama’s DOJ granted immunity to [HRC] lawyer. Trump and Putin get along at the G20 meeting. Trump says no to climate change accord. Trump made history, meets Kim at the DMZ and walks into NK. This plan is complete, blacksites removed, [DS] no control. Everything is falling into place. Next Iran, and we are getting closer to a peace deal.

Kevin Shipp – Arm Yourself, Dark Left Violence is Coming

Greg Hunter
Published on Apr 27, 2019

Former CIA Officer and whistleblower Kevin Shipp says, “The danger for ‘We the People’ is the Dark Left and Dark Left violence. As these indictments begin to come out, and as the players are called out, the violence on what I call the Dark Left, the violence is going to increase to the point where it’s going to be very, very bad. There are going to be beatings and probably shootings, and shooting at police. . . . There is going to be a lot of violence coming from the Left in the next year or two. This is one of the reasons you need to exercise your 2nd Amendment rights . . . because of what the Left is going to do with these findings and what is going to be the death knell for the Democrat Party and the death knell for taking over our Constitution and culture. They will exponentially bring up their violence, and Americans need to arm themselves and protect themselves against that.”

Join Greg Hunter as he goes One-on-One with CIA whistleblower Kevin Shipp, founder of the popular website ForTheLoveofFreedom.net.

Economic Messages Deciphered, Their Plan Stopped, New Economy Readied

It’s Time, Placeholders, Future Comms Set, [On The Ready], For Our Country

The Pain Of This New Economic Downturn Is Starting To Show Up All Over The Country

by Tyler Durden Wed, 06/26/2019

Authored by Michael Snyder via The Economic Collapse blog

It is going to take a miracle for the U.S. economy to pull out of this tailspin, because the economic numbers are really starting to deteriorate very rapidly now. On Tuesday we got some more new numbers, and they were just as bad as we thought they might be. But even before today’s numbers all of the data were telling us the exact same thing. The New York Fed’s Empire State manufacturing index just suffered the worst one month decline in U.S. history, Morgan Stanley’s Business Conditions Index just suffered the largest one month decline that we have ever seen, global trade numbers are the worst they have been since the last recession, and just last week I detailed the complete and utter “bloodbath” that we are witnessing in the U.S. trucking industry right now.

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o considering what we already knew, it shouldn’t have been a surprise that new home sales in the U.S. were down a whopping 7.8 percent during the month of May…

Sales of new U.S. homes slumped 7.8% in May, as sales plunged in the pricier Northeastern and Western markets.

The Commerce Department said Tuesday that new homes sold at a seasonally adjusted annual rate of 626,000 in May, down from 679,000 in April. During the first five months of the year, purchases of new homes have fallen 3.7% compared to the same period in 2018.

Those are absolutely horrible numbers, and this is precisely what a recession looks like.

On Tuesday we also learned that U.S. consumer confidence is rapidly declining…

Consumer confidence is on the decline.

The Conference Board’s Consumer Confidence Index tumbled to 121.5 in June, dropping from a downwardly revised reading of 131.3 in May and snapping three consecutive months of improvements.

June’s results missed consensus expectations for a reading of 131.0, according to Bloomberg-compiled data, and marked the lowest level in nearly two years.

Once again, this is precisely what we would expect to see during a recession.

And yet I continue to see some clueless mainstream media reports that insist that the U.S. economy is doing well. Apparently FedEx didn’t get that memo, because they lost nearly 2 billion dollars in the quarter ending May 31st…

In the fiscal fourth quarter, which ended May 31, FedEx reported a loss of $1.97 billion, compared with profit of $1.13 billion a year earlier.

FedEx blamed this horrible number on the ongoing global economic slowdown, and unfortunately things are not likely to get any better for them any time soon.

Many in the mainstream media continue to speak of “the next recession” as some future event, but when we get the final economic numbers many months from now we may discover that it had already started by now. In fact, one prominent economist recently stated that he believes that “we’re probably already in a recession”…

Gary Shilling, an economist and financial analyst who is credited with predicting several recessions over the past 40 years, thinks the U.S. is in a relatively mild slump.

“I think we’re probably already in a recession but I think it will probably be a run-of-the-mill affair, which means real GDP would decline 1.5% to 2%, not the 3.5% to 4% you had in the very serious recessions,” Shilling, president of economic and financial research firm A. Shilling & Co., said in a recent interview broadcast this week by Real Vision.

And even Federal Reserve Chair Jerome Powell is now admitting that our economic outlook has become “cloudier”. The following comes from ABC News…

Federal Reserve Chairman Jerome Powell said Tuesday the economic outlook has become cloudier since early May, with rising uncertainties over trade and global growth causing the central bank to reassess its next move on interest rates.

Speaking to the Council on Foreign Relations in New York, Powell said the Fed is now grappling with the question of whether those uncertainties will continue to weigh on the outlook and require action.

I find it very interesting that Powell chose the Council on Foreign Relations as the venue for this address. I think that tells us a lot about where Powell’s true loyalties are. The Council on Foreign Relations has dominated the political landscape in Washington for a long time, and this has been true no matter which political party has been in power.

Meanwhile, the global trade war continues to intensify, and over 300 companies are literally begging the Trump administration to find a way to end it…

More than 300 companies are talking to government officials in Washington this month about how detrimental the trade war between the U.S. and China has been and will be to their business.

Testifying in front of the Office of the U.S. Trade Representative, major U.S. companies including Best Buy, HP and Hallmark Cards are voicing concerns about how the additional tariffs that President Donald Trump threatened to slap on China would impact their businesses and cause them to lose business to foreign competitors.

Sadly, it isn’t likely that the trade war will end any time soon.

In fact, it is probably much more likely that a shooting war will start in the Middle East instead. And if that happens, our current economic problems will dramatically escalate.

The wheels are starting to come off, and the U.S. economy is beginning to spin out of control. Perhaps the Federal Reserve will be able to pull another rabbit out of the hat and pull off a miracle once again, but I doubt it. We haven’t seen conditions like this since the great financial crisis of 2008, and the remainder of 2019 threatens to be extremely “interesting” indeed.

Click Here For The Article Link

Dear Central Bankers: Prepare To Be Swept Away In The Next Wave Of Populism

Authored by Charles Hugh Smith via OfTwoMinds blog,

The political moment when the “losers” connect their discontent and decline with central bankers is approaching.

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The Ruling Elites’ Chattering Classes still haven’t absorbed the key lesson of the 2016 U.S. presidential election: the percentage of the populace that’s becoming wealthier and more financially secure in the bloated, corrupt, self-serving Imperial status quo is declining and the percentage of the populace that’s increasingly insecure and financially precarious is increasing, and candidates that mouth the usual platitudes in support of the bloated, corrupt, self-serving Imperial status quo lose to those who speak of the failing status quo as a travesty of a mockery of a sham, i.e. a “populist” speaking truth to power.

Donald Trump steered clear of the status quo’s favored platitudes and embraced a bit of populist cant, and so to those who understand that the majority of Americans have been abandoned by America’s hubris-soaked, self-serving managerial / ruling elites, his victory was not entirely surprising.

Just as we’ve reached Peak hubris-soaked, self-serving managerial / ruling Elites, we’ve also reached Peak Central Bank Cargo Cult: from now on the majority that’s been abandoned by the managerial / ruling elites will become increasingly aware that the unprecedented asymmetries of wealth and power that have undermined American social and economic life can be traced directly back to the central bank, the Federal Reserve, which has become the all-powerful Cargo Cult of the global economy.

The same awareness of central bankers’ responsibility for soaring wealth-income inequality and the decline of social mobility is spreading in other nations as well.

Longtime readers are probably tired of the chart below, depicting the incredible expansion of wealth in the already super-wealthy and the stagnation in the prospects of the bottom 95%. But let’s shake off the boiled-frog syndrome and check the temperature of the political water we’re immersed in: It’s getting hotter–a lot hotter.

The ideological rhetoric of the next wave of populism matters less than its intensity. It’s not just possible but increasingly likely that the next populist wave will assume many of the populist positions of the Left, positions which the “progressive” status quo is desperately attempting to co-opt and water down.

The core reality that powers populism Left and Right is the economy no longer works as advertised for the bottom 80%, and by many measures, the bottom 95%. The “conservative” camp generally holds that the “problem” is markets have been throttled by heavy-handed government regulations while “progressives” see private-sector wealth / power as as the problem and “taxing the rich” and redistributing the wealth as the solution.

What neither status quo camp dares mention is the domination of central bankers and the “winners” of their dominance, financiers, global corporations and state-enforced monopolies / cartels. (The losers are of course the rest of us: tax donkeys, debt-serfs, wage slaves, the restive crowd demanding more bread and circuses, etc.)

The political moment when the “losers” connect their discontent and decline with central bankers is approaching. Perhaps the wires will arc in 2020, or maybe it will be 2025; but whatever the timing turns out to be, the all-powerful Cargo Cult of the central bankers will be swept away in a global political convulsion unlike any in memory.

If you harbor any doubts about the demise of the Central Bank Cargo Cult, reflect a bit longer on the meaning of this chart:

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Economic Game Theory In Play, Wait For It, Here It Comes

Cabal Freaking Out Because of Trump – Wayne Jett

By Greg Hunter On June 16, 2019

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Legal and financial expert Wayne Jett says, “No one in history has ever stood up to the secret cabal running America the way President Trump has.” Signs abound in the mainstream media they are freaking out. Jett says, “They are freaking out because the noose is slipping over the heads of some of them in terms of the prospects of their being tried for treason or for some other heinous crime. There are many of them. The network, I am sorry to say, goes far and deep throughout our society. . . . Many of them are doing all they can to make sure this comes to an end as soon as possible. We have a President who is actually a declared enemy of the forces that have put our Presidents in office or killed them generation after generation well back into the 19th century.”

Jett calls this a “fight to the death” between team Trump and the cabal. Jett says, “This is a death match no question about it, and I am encouraged. Compared to today and where we were in 2012 and 2016. . . . I had considerable confidence that President Trump was going to prevail. I didn’t care what the polls said. . . . There are too just too many indications that our press lies to us in whatever ways are necessary to support the ruling elite because they, in fact, are instruments of the ruling elite. . . . I can’t see how you could have a worse candidate than Hillary Clinton, but Joe Biden may be it. . . . I am optimistic.”

Jett is also an expert on the Federal Reserve. He wrote the popular book called “The Fruits of Graft,” about the Great Depression, that he says was engineered by the cabal on purpose. Jett says they will do it again because the Fed owes way more than it can ever repay. That means the dollar, at some point in the not-so-distant future, will be worthless. Jett explains, “It’s not even on the same meter. It (the Fed) is completely a sham operation, and just like every other fiat currency in history, the dollar as presently designed, is designed to fail. It’s designed to go to zero, and that’s what’s coming. What I think the President is doing is putting that off as much as he can, keeping the Fed from doing that and keeping it rolling until he can get this current account deficit down so we can come out with a gold backed currency. As soon as we get current account deficit more or less in balance, we can have a reset to a gold backed currency that is actually stable and actually designed to deliver value into the pockets of the people.”

So, how does the little guy play this? Jett says, “The key to your financial stability between this side of the chasm and the other side of the chasm is owning metals, owning gold and silver. These are most likely the types of things that will hold their real value. Therefore, on the other side of the chaos of this chasm, when you declare the present currency system has ended . . .I think the President is trying to make the period of uncertainty as short as possible between the time when the old currency dies and the new currency is in place.”

When is this going to happen? Is it before or after the 2020 Election? Jett predicts, “I think it is before the 2020 Election. I don’t think we can make it that long, especially with the global cabal trying to start a world war or trying to have a currency failure right now.”

Join Greg Hunter as he goes One-on-One with Wayne Jett, founder of ClassicalCapital.com.

America Is Drowning In Bubbles

Submitted by Dave Hodges on Wednesday, June 12, 2019

bubble

The American economy is almost toast. The economics say America is drowning in bubbles. Here are a few of these bubbles and if you are in one of them, you better get out while you can!

Andrew Jackson Explains Why The Next Move Will Be To Take Down The …

Get economic collapse news throughout the day visit http://x22report.com
Report date: 06.10.2019

Trump is using the Fed to rework trade deals, leverage trade with tariffs, the Fed is helping him with all of this. Ask yourself a question why does the [CB] hate tariffs? Andrew Jackson explains why the [CB] is not for the people and why it is a mistake outsourcing the creation of money.

All source links to the report can be found on the x22report.com site.

DMAR Real Estate Market Trends Report | JUN. ’19

DMAR Real Estate Market Trends Report | JUN. ’19
Month of May recorded highest housing inventory in Metro Denver since 2013 and record-breaking average single-family home price.

June 4, 2019

In May, there were 8,789 new listings, up 16.97 and 38.12 percent from the previous month and year, respectively. At month’s end, 6,470 homes went under contract, up 5.65 and 10.5 percent from April and last year, respectively. Notably, the average single-family home price reached a record-breaking $555,482.

“Even with all of those offers written and accepted, we still ended the month with 8,891 homes for sale,” said Jill Schafer, Chair of the DMAR Market Trends Committee and Metro Denver Realtor®. “That’s an important number to note. It’s the highest end-of-month number of active listings since November 2013 when buyers had 9,352 choices.”

For further perspective, inventory in the Denver-area real estate market was at 26,333 active listings in May 2008.

Schafer adds, “The market has been experiencing a drought of new homes for years, so the increase in inventory is a welcome relief for thirsty buyers. Sellers have been experiencing an unprecedented increase in values. Even with the added inventory, prices were still up a bit.”

The average sold price for a single-family home in the 11-county metro area year to date was $534,577 in May, up 1.45 percent from last year. The median home price hit a record-breaking $450,000 for the first time, up 1.12 percent from this point in 2018. The average sold price for condos year to date bumped up 3.11 percent compared to last year to $364,134, and the year-to-date median price topped out at a high of $301,500.

“To get those higher prices, home sellers had their homes on the market a little longer before accepting an offer,” shares Schafer. Year to date, homes were taking an average 32 days to sell compared to 26 days last year. The median days on market jumped from six at this point in each of the past four years, to 11 so far this year.

“There has also been more negotiating,” comments Schafer. “The close-to-list price ratio dropped to 99.35 percent year to date. At this point in the past four years, sellers were getting, on average, more than asking price. Home sellers still have control across the housing price ranges, but a little give and take makes buyers feel better.”

Our monthly report also includes statistics and analyses in its supplemental “Luxury Market Report” (properties sold for $1 million or greater), “Signature Market Report” (properties sold between $750,000 and $999,999), “Premier Market Report” (properties sold between $500,000 and $749,999), and “Classic Market” (properties sold between $300,000 and $499,999). In May 2019, 262 homes sold and closed for $1 million or greater – up 5.22 percent from April and 3.15 percent year over year. The closed dollar volume in the luxury segment year to date was $1.44 billion, up 5 percent from last year.

The highest priced single-family home that sold in May was $4.25 million representing seven bedrooms, nine bathrooms and 5,782 above ground square feet in Englewood. The highest priced condo sale was $3.35 million representing three bedrooms, four bathrooms and 3,228 above ground square feet in Denver. The listing and selling REALTORS® for both transactions are DMAR members.

From a year-to-date perspective, the number of homes sold in the Luxury Market remained relatively level at 915, up 1.55 percent from last year. While sales in the single-family market decreased year to date by 2.78 percent from 2018, there has been a large jump in condo sales with 110 sold year to date compared to 73 in 2018, an increase of 50.68 percent.

There has not been any significant changes month over month or year over year in terms of price per square foot, outside of the condo total price per square foot metric that significantly jumped from $546 last year to $656 in May of 2019 – an increase of 20.15 percent. Single-family average price per square foot continues to hover around $300, ending May at $297.

Overall, the average days on market in the luxury segment improved by 11 days for a total of 47 days on market. “Home sellers still have a slight upper hand considering the months of inventory, but buyers will have opportunity as well,” said Bryan Facendini, DMAR Market Trends Committee member and Metro Denver REALTOR®.

“Each neighborhood is performing differently; therefore, understanding how each submarket is performing will be important to consumers because some luxury homes could sell quickly, while other submarket luxury homes are under performing; meaning homes are staying on the market longer and garnering lower prices,” comments Facendini.

Download The Report Here