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Donetsk “Letter To Jews” Found To Be A Forgery

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

In the days before the Geneva “de-escalation” conference (and coincidentally, days after the secret visit of CIA director Brennan to Kiev), the top story across western media was the “undisputed” proof that east-Ukraine, populated by “terrorist separatists”, is preparing to unleash a neo-nazi wave against local jews, when a leaflet was unveiled, beckoning the Jewish population to register and declare their assets.

The USA Today promptly reported (joined by CBS and CNN): “Jews emerging from a synagogue say they were handed leaflets that ordered the city’s Jews to provide a list of property they own and pay a registration fee “or else have their citizenship revoked, face deportation and see their assets confiscated,” reported Ynet News, Israel’s largest news website, and Ukraine’s Donbass news agency.”

Consequences for non-compliance will result in citizenship being revoked “and you will be forced outside the country with a confiscation of property,” it said. A registration fee of $50 would be required, it said.

Odd because as the same USA Today further reported, “Olga Reznikova, 32, a Jewish resident of Donetsk, told Ynet she never experienced anti-Semitism in the city until she saw this leaflet.”

Perversely, even the local Jewish community issued a statement saying the leaflet distribution “smells like a provocation.” The chief rabbi of nearby Dnipropetrovsk, Shmuel Kaminezki said, “Everything must be done to catch them.”

So the bottom line, namely that this was merely a provocation designed to generate a kneejerk emotional response from the west and paint the pro-Russia militia as neo-nazis and generally, as fascists (even though it was the ultra nationalist Right Sector that was instrumental in the overthrow of the Yanukovich government) was clear to most – even the population that was seemingly being targeted.

But not to John Kerry. “Secretary of State John Kerry said the language of the leaflets “is beyond unacceptable” and condemned whomever is responsible.”

“In the year 2014, after all of the miles traveled and all of the journey of history, this is not just intolerable — it’s grotesque,” he said. “And any of the people who engage in these kinds of activities — from whatever party or whatever ideology or whatever place they crawl out of —


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EaSTeR ViSiToRS…

Courtesy of ZeroHedge. View original post here.

Submitted by williambanzai7.


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Keep a close watch on this bunny

There’s something that smells kind of funny

His criminal goal

To run down his hole

While carrying all of our money

The Limerick King

 





BNP Banker, His Wife And Nephew Murdered In Belgium

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

In the beginning it was banker suicides. Then about two weeks ago, suicides were replaced by outright murders after the execution-style killing of the CEO of a bank in otherwise sleepy (and tax evasive) Lichtenstein by a disgruntled client. Then on Friday news hit of another execution-type murder in just as sleepy, if not so tax evasive, Belgium, where in the city of Vise, a 37-year-old Director at BNP Paribas Fortis was murdered alongside his wife and a 9 year old nephew in a premeditated and orchestrated drive-by shooting.

L’venir reports:

According to Marcel Neven, Mayor of Vise, nothing can yet explain what caused the violent shooting that rocked the neighborhood sports hall of his town this Friday, April 18, late at night. A man of 37 years, Benedict Philippens, bank manager Ans-Saint-Nicolas, was shot. A little 9 year old boy, living in Dolhain, was also killed. A lady, the wife of the man and the boy aunt and godmother, Carol Haid, 37 also died of his injuries on Saturday, in the morning. She was hit by three bullets in the back, said a judicial source.

According to information from the survey and some witnesses, a car waiting outside their house Berneau street near the sports hall Visé. When the victims’ car is back in the driveway, shots were fired from the car that waited patiently. The author of the shots is actively sought.

So far neither the shooter nor any motive for the execution have not been found: “Some suggest the presence of a single gunman with an automatic pistol, others are surprised that a bullet hole was noted in one of the windows of the sports hall. “That would mean that the author was already in the driveway of the house and waited for the victims side of the house,” says a source close to the case.”

Like in the Lichtenstein murder, there is a possibility the murder was the result of a previous argument with a customer:

This Sunday, the investigation is ongoing but it seems that the track of reckoning is preferred. In 7Dimanche newspaper, a friend of Benedict recalls that he had a big argument with a customer six months ago. 


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The Next Shoe Just Dropped: Court Denies Attorney-Client Privilege

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Submitted by Simon Black via Sovereign Man blog,

In the Land of the Free, people grow up hearing a lot of things about their freedom.

You're told that you live in the freest country on the planet. You're told that other nations 'hate you' for your freedom.

And you're told that you have the most open and fair justice system in the world.

This justice system is supposedly founded on bedrock principles-- things like a defendant being presumed innocent until proven guilty. The right to due process and an impartial hearing. The right to counsel and attorney-client privilege.

Yet each of these core pillars has been systematically dismantled over the years:

1. So that it can operate with impunity outside of the law, the federal government has set up its own secret FISA courts to rubber stamp NSA surveillance.

According to data obtained by the Electronic Privacy Information Center, of the nearly 34,000 surveillance requests made to FISA courts in the last 35-years, only ELEVEN have been rejected.

Unsurprising given that FISA courts only hear the case from the government's perspective. It is literally a one-sided argument in FISA courts. Hardly an impartial hearing, no?

2. The concept of 'innocent until proven guilty' may officially exist in courts, but administratively it was thrown out long ago.

These days there are hundreds of local, state, and federal agencies that can confiscate your assets, levy your bank account, and freeze you out of your life's savings. None of this requires a court order.

By the time a case goes to court, you have been deprived of the resources you need to defend yourself. You might technically be presumed innocent, but you have been treated and punished like a criminal from day one.

3. Attorney-Client privilege is a long-standing legal concept which ensures that communication between an attorney and his/her client is completely private.

In Upjohn vs. the United States, the Supreme Court itself upheld attorney-client privilege as necessary "to encourage full and frank communication between attorneys and their clients and thereby promote broader public interests in the observance of law. . ."

It doesn't matter what you're accused of-- theft. treason. triple homicide. With very limited exceptions, an attorney cannot be compelled to testify against a client, nor can their communications be subpoenaed for evidence.

Yet…
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The Secret World Of Gold

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

In light of the Chinese demand we discussed earlier, the ongoing manipulation of ‘rigged’ markets everywhere, and rising geopolitical tensions (as the de-escalation continues), we thought it worth dusting off this excellent  and wide-ranging look at the history and present of the barbarous relic, gathering many perspectives (pro and con) on gold.

The following documentary moves from historical shipwrecks to Nazi ‘death gold’ and England’s war chest to recent years where widespread economic uncertainty has given the yellow metal a “new luster in the world of high finance.” Valued for its permanence, beauty and scarcity, people will lie, cheat, steal and kill in the name of gold; and the clip provides color on many of the market manipulations of the last few years. As MacDonald says, whether it’s a few gold coins or gold bars stored in one of the many vaults around the world, many investors are taking a shine to gold. But there’s not a lot of it. It is said that, even melted down, there would not be enough to fill an Olympic swimming pool. Some claim that much of the gold held by the Bank of Canada, the Bank of England, the Federal Reserve and Fort Knox is gone – that for every 100 ounces of gold traded, there exists only one ounce of real, physical gold. So, where is the gold – and who really owns it?





Five Reported Killed In East Ukraine Following Ultra-nationalist Attack

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

And to think it was just two days ago when all the USDJPY momentum ignition algos roared to life on flashing headline news of yet another diplomatic “de-escalation” of tensions in Ukraine. What was clearly ignored is that since John Kerry was involved, it was nothing but the latest sham. And the proof came moments ago when Reuters reported, citing Russian state television on Sunday, that five people were killed when Ukraine gunmen attacked a checkpoint manned by pro-Russian separatists near the eastern Ukrainian city of Slaviansk.

Reuters was not immediately able to verify the report. Ukraine’s Interior Ministry in Kiev could not immediately be reached for comment and Interior Minister Arsen Avakov had no word of the reported incident on his Facebook page, where he usually posts updates on any clashes – perhaps because this one was allegedly started by Ukraine ultra-right nationlists of the Right Sector.

Russia’s state-run Rossiya 24 news station, citing its correspondent in Slaviansk, said three of the dead were with the pro-Russian separatists who control Slaviansk, and the other two were from the group which attacked their checkpoint.

The self-declared mayor of Slaviansk, who supports the pro-Russian separatists in the city, said there had been a clash overnight and there were casualties, a Reuters Television team in Slaviansk said.

RT has more:

The fatalities came after a night attack on a protester checkpoint on the outskirts of the city, a Rossiya 24 news channel correspondent reported. Four cars drove by the checkpoint and opened fire at the local residents holding it, killing three people and seriously injuring another one.

 

A group of protesters, who had firearms unlike those holding the checkpoint, was called from their camp in the city. They opened fire at the attackers, killing two of them, the report said.

The protesters in the confrontation reportedly captured the attackers’ two cars. Firearms, explosives and aerial photos of Slavyansk were discovered there. RIA Novosti cites a doctor at the city’s main hospital as saying that four people with gunshots were brought in overnight.

 

“Apparently, something serious happened,” the doctor said.

 

The protesters believe that they were attacked by paramilitary from the Right


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The Secret World Of Gold

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

In light of the Chinese demand we discussed earlier, the ongoing manipulation of ‘rigged’ markets everywhere, and rising geopolitical tensions (as the de-escalation continues), we thought it worth dusting off this excellent  and wide-ranging look at the history and present of the barbarous relic, gathering many perspectives (pro and con) on gold.

The following documentary moves from historical shipwrecks to Nazi ‘death gold’ and England’s war chest to recent years where widespread economic uncertainty has given the yellow metal a “new luster in the world of high finance.” Valued for its permanence, beauty and scarcity, people will lie, cheat, steal and kill in the name of gold; and the clip provides color on many of the market manipulations of the last few years. As MacDonald says, whether it’s a few gold coins or gold bars stored in one of the many vaults around the world, many investors are taking a shine to gold. But there’s not a lot of it. It is said that, even melted down, there would not be enough to fill an Olympic swimming pool. Some claim that much of the gold held by the Bank of Canada, the Bank of England, the Federal Reserve and Fort Knox is gone – that for every 100 ounces of gold traded, there exists only one ounce of real, physical gold. So, where is the gold – and who really owns it?





Anti-HFT Trading Platform Comes To “Rigged” FX Markets

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

The surge in volume on the anti-HFT equity trading platform IEX – of Flash Boys and TV-fight-night fame – makes it very easy to see how the buy-side (which the US retail investor is one small part of) clearly prefers an un-rigged place to find willing sellers (or buyers). Relatively light regulation and high volumes make the $5.3 trillion-a-day foreign-exchange market a prime target for high-frequency traders. More than 35% of spot currency volume in October was by speed traders, up from 9% five years earlier, but just as in equity markets, there are speculators and there are natural buyers and sellers in FX markets (looking to hedge payments and receipts from real business for example). As Bloomberg reports, a currency-dealing platform known as ParFX, established in 2011, offers a transparent marketplace and subjects orders to random pauses of about 20 to 80 milliseconds, and “is the industry’s effort to heal itself.”

IEX volumes hit record highs…

 

And now the FX markets – also dominated by High-Frequency-Trading – have an anti-HFT platform upon which to transact…

The FX market is just as plagued by the HFT “parasite” as equity markets…

Relatively light regulation and high volumes make the $5.3 trillion-a-day foreign-exchange market a prime target for high-frequency traders. More than 35 percent of spot currency volume in October was by speed traders, up from 9 percent five years earlier, according to Boston-based consultancy Aite Group LLC.

 

 

There’s been a lot of dissatisfaction, particularly on the buy-side and asset-management community, about high-frequency trading,” said Richard Bentley, the vice president for financial services at Software AG, which aggregates trading platforms including ParFX. “There’s the perception that they’re parasites. What ParFX have done is essentially play to that and said, come and trade in our pool, because we’re not going to allow the HFT people to come and spoil the fun.”

And ParFX was set up specifically to rmeove HFT’s ability to front-run orders (just like IEX did in equity markets)…

A currency-dealing platform known as ParFX, established in 2011 by firms from Deutsche Bank AG to Citigroup Inc…

 

The system started trading in July, and now executes deals for 15 firms including Deutsche Bank, Citigroup,


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It’s Time To Retire Gross Domestic Product As A Measure of Prosperity

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

What if we used wellness (Gross Domestic Happiness) as a metric for prosperity rather than GDP?

Distilling an economy’s success in delivering “prosperity” to a single number has outlived its purpose. Zachary Karabell describes the birth of GDP in far less complex times in (Mis)leading Indicators: Why Our Economic Numbers Distort Reality (Foreign Affairs):

A GDP that is growing in sync with expectations can enhance a country’s reputation and thus its strength and power. A GDP that is contracting or failing to meet expectations, on the other hand, can lead to disaster. Yet a hundred years ago, the concept of GDP did not exist; history unfolded without it. The United States, for example, managed to win its independence, fight a civil war, and conquer a continent without any measure of national income.

GDP’s origins lie in the 1930s, when economists and policymakers in the United States and the United Kingdom struggled to understand and respond to the Great Depression.

 

It is not terribly surprising that economists and policymakers came to favor a statistical technique that helped the United States survive a depression and win a war. But not even the economists who invented this metric imagined that GDP would become so central to every state in the world within a few short decades.

The problem is this radical reductionism at the heart of any single measure is irrevocably flawed:

 

Leading indicators were invented to measure the economies of the industrial nation-states of the mid-twentieth century. In their time, they did so brilliantly. The twenty-first century, however, is proving more challenging to measure. Industrial nation-states have given way to developed economies rich in services and to emerging industrial economies exporting goods made by multinational companies. The statistics of the 20th century were not designed for such a reality, and despite the assiduous efforts of statisticians, they cannot keep up.

These shifts have created a temptation to find new formulas, better indicators, and new statistics. But the belief that a few simple numbers or basic averages can capture today’s multifaceted national and global


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US, And Global, Military Spending Summed Up In One Chart

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

While we previously noted the relative stability (but absolute surge) in US military spending over the past few decades, the scale of what the world’s peace-keeping, red-line enforcing, hypocrisy-packed nation spends in context to the rest of the world…

 

Source: AFP

We previously put the US military budget in context over time

 

 

And unless we get some serious military conflict to blame a reflation on, and if U.S. military spending were to revert to its 2000 level over the next five years, as President Obama had proposed, and the rest of the world were to continue spending the same portion of its GDP on the military, U.S. military spending as a share of the global total would decline sharply, to just under 30 percent.

U.S. Military Spending Share of Global Total





 
 
 

Chart School

Best Stock Market Indicator Ever: Weekly Update

Courtesy of Doug Short.

The $OEXA200R Monthly (the percentage of S&P 100 stocks above their 200 DMA) is a technical indicator available on StockCharts.com used to find the "sweet spot" time period in the market when you have the best chance of making money.

The weekly charts below are current through the week's close.

Weekly OEXA200R vs. S&P Comparison

Interpretation:

According to this system, the market is now Tradable. The OEXA200R ended the week at 88%, up from 72% last weekend.

Of the three secondary indicators:

  • RSI is POSITIVE (above 50).
  • MACD is POSITIVE (black line above red).
  • Slow STO is NEGATIVE (black line below red)....


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Zero Hedge

BNP Banker, His Wife And Nephew Murdered In Belgium

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

In the beginning it was banker suicides. Then about two weeks ago, suicides were replaced by outright murders after the execution-style killing of the CEO of a bank in otherwise sleepy (and tax evasive) Lichtenstein by a disgruntled client. Then on Friday news hit of another execution-type murder in just as sleepy, if not so tax evasive, Belgium, where in the city of Vise, a 37-year-old Director at BNP Paribas Fortis was murdered alongside his wife and a 9 year old nephew in a premeditated and orchestrated drive-by shooting.

L'v...



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Phil's Favorites

The United States’ Desperate Solutions For Not Sinking Alone

Courtesy of The Automatic Earth.


Jack Delano Farwell, Texas, at the New Mexico state line. March 1943

LEAP2020 is a European political/economic research institute that doesn’t shy away from volunteering opinions on the topics it researches, something that works both for and against it. It publishes a new GEAB (Global Europe Anticipation Bulletin) report every month. I thought I’d share the ‘public announcement’ of the April 2014 issue with you, because it provides a clear idea of what some people think is going on with regards to the US/EU involvement in Ukraine and the war of verbal bellicosity they have initiated with Russia. Some voices, among them former US government official Paul Craig Roberts, are convinced there is a new neocon attempt aimed at provoking war...



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Stock World Weekly

Stock World Weekly

Newsletter writers are available to chat with Members regarding topics presented in SWW, comments are found below each post.

Here's this week's Stock World Weekly. Click here and sign in with your PSW user name and password, or sign up for a free trial.

...

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Insider Scoop

Sunday Times Reports Pfizer Considering $100B Offer for AstraZeneca

Courtesy of Benzinga.

New York-based Pfizer (NYSE: PFE) has reportedly approached UK's Astra Zeneca (NYSE: AZN) about a potential takeover deal, according to sources reported by the UK Sunday Times. The deal could be worth as much as £60 billion ($101 billion).

View full article http://www.thesundaytimes.co.uk/sto/business/Companies/article1401626.ece

Posted-In: News Rumors M&A

...

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Market Shadows

Canary In the Yen Shaft: $10 trillion JGBs; No Bids!

Two guest authors, David Stockman and long-time contributor John Rubino, write about the current state of Abenomics. 

Canary In the Yen Shaft: $10 trillion JGBs; No Bids!

By  

This one matters a lot. Abenomics was predicated on a lunatic notion—namely, that the economic ills from Japan’s massive debt overhang could be cured by a central bank bond buying spree that was designed to be nearly 3X larger relative to its GDP than that of the Fed. Yet anyone with a modicum of common sense and market...



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Option Review

Wild Ride For Chipotle

Shares in Chipotle Mexican Grill Inc. (Ticker: CMG) opened higher on Thursday morning, rising more than 6.0% to $589.00, after the restaurant operator reported better than expected first-quarter sales ahead of the opening bell. But, the stock began to falter just before lunchtime on concerns the burrito-maker will increase menu prices for the first time in three years. The price of Chipotle’s shares have since fallen into negative territory and currently trade down 3.5% on the session at $532.89 as of 1:50 p.m. ET.

Chart – Shares in Chipotle cool by lunchtime

...

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All About Trends

Mid-Day Update

Reminder: David is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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Sabrient

What the Market Wants: Positive News and Stocks at Bargain Prices

Courtesy of David Brown, Sabrient Systems and Gradient Analytics

Last week’s market performance was nasty again, especially for the Small-cap Growth style/cap, down 4%.  Large-caps faired the best, losing only 2.7%.  That’s ugly and today’s market seemed likely to be uglier today with escalating tensions over the weekend in Ukraine. 

But once again, positive economic trumped the beating of the war drums. Retail Sales jumped up 1.1% over a projected 0.8% and last month’s tepid 0.3%, which was revised up to 0.7%.  While autos led, sales were up solidly overall.  Business inventories were about as expected with a positive tone.  Citigroup (C) handily beat estimates to add to the morning’s surprises.  As a result, the market was positive through most of the day, led by the DJI, up 0.91%, and the S&P 500, up 0.82%.  NASDAQ had a less...



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Digital Currencies

Facebook Takes Life Seriously and Moves To Create Its Own Virtual Currency, Increases UltraCoin Valuation Significantly

Courtesy of ZeroHedge. View original post here.

Submitted by Reggie Middleton.

The Financial Times reports:

[Facebook] The social network is only weeks away from obtaining regulatory approval in Ireland for a service that would allow its users to store money on Facebook and use it to pay and exchange money with others, according to several people involved in the process. 

The authorisation from Ireland’s central bank to become an “e-money” institution would allow ...



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OpTrader

Swing trading portfolio - week of April 14th 2014

Reminder: OpTrader is available to chat with Members, comments are found below each post.

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here...



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Promotions

See Live Demo Of This Google-Like Trade Algorithm

I just wanted to be sure you saw this.  There’s a ‘live’ training webinar this Thursday, March 27th at Noon or 9:00 pm ET.

If GOOGLE, the NSA, and Steve Jobs all got together in a room with the task of building a tremendously accurate trading algorithm… it wouldn’t just be any ordinary system… it’d be the greatest trading algorithm in the world.

Well, I hate to break it to you though… they never got around to building it, but my friends at Market Tamer did.

Follow this link to register for their training webinar where they’ll demonstrate the tested and proven Algorithm powered by the same technological principles that have made GOOGLE the #1 search engine on the planet!

And get this…had you done nothing b...



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Pharmboy

Here We Go Again - Pharma & Biotechs 2014

Reminder: Pharmboy is available to chat with Members, comments are found below each post.

Ladies and Gentlemen, hobos and tramps,
Cross-eyed mosquitoes, and Bow-legged ants,
I come before you, To stand behind you,
To tell you something, I know nothing about.

And so the circus begins in Union Square, San Francisco for this weeks JP Morgan Healthcare Conference.  Will the momentum from 2013, which carried the S&P Spider Biotech ETF to all time highs, carry on in 2014?  The Biotech ETF beat the S&P by better than 3 points.

As I noted in my previous post, Biotechs Galore - IPOs and More, biotechs were rushing to IPOs so that venture capitalists could unwind their holdings (funds are usually 5-7 years), as well as take advantage of the opportune moment...



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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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