Jury Finds Roger Stone Guilty

by Chuck Ross
DailyCaller.com

A federal jury in Washington, D.C., on Friday found Roger Stone guilty on seven counts in a case stemming from the special counsel’s investigation.

The jury, which deliberated for two days, found Stone guilty on five counts of making false statements to the House Intelligence Committee in September 2017, one count of obstructing an official proceeding, and one count of witness tampering.

Stone, a longtime friend of President Trump’s, was indicted on Jan. 24. He faces a maximum of 50 years in prison, but is likely to receive a far lighter sentence when he is sentenced in February.

Continue Reading at DailyCaller.com…

Peach BOOM!




from Tickerguy

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Fed’s Powell Says Forensic Work Ongoing on Liquidity Crisis; This Chart Shows Why He’s Worried

by Pam Martens and Russ Martens
Wall Street on Parade

Yesterday, for the second day in a row, the Chairman of the Federal Reserve, Jerome Powell, gave testimony and took questions before a Congressional Committee. On Wednesday it was the Joint Economic Committee; yesterday it was the House Budget Committee. On both days, only one member of the Committee dared to ask a question about the hundreds of billions of dollars the Fed is hurling at Wall Street each week in repo loans.

The crisis in the repo loan market, where financial institutions make overnight loans to each other, began on September 17 when the interest rate spiked from the typical range of 2 percent to 10 percent. For the first time since the financial crisis, the Federal Reserve had to step in with lots of cash to ease the liquidity stresses. The Fed has continued to offer that cash every business day since that time and is now supplementing its overnight loans, which can run as high as $120 billion per day, with $35 billion in 14-day term loans twice a week. In total, the Fed is offering $670 billion each week in revolving loans to securities firms it will not name for a crisis it cannot define.

Continue Reading at WallStreetOnParade.com…

J. Powell Goes to Congress




from SchiffGold – Peter Schiff's Gold Company

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Gold Miners’ Q3’19 Fundamentals

by Adam Hamilton
Zeal LLC

The major gold miners just enjoyed a phenomenal quarter for gold, which soared after its first bull-market breakout in years. Q3’19’s much-higher prevailing gold prices should’ve driven soaring earnings for the miners, due to their big inherent profits leverage to gold. So this just-completed Q3 earnings season is the most important for this sector in a long time. Did the gold miners’ fundamentals indeed radically improve?

Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Required by the US Securities and Exchange Commission, these 10-Qs and 10-Ks contain the best fundamental data available to traders. They dispel all the sentiment distortions inevitably surrounding prevailing stock-price levels, revealing corporations’ underlying hard fundamental realities.

Continue Reading at ZealLLC.com…

YouTube Accuses Me of Credibly Threatening Someone’s Life, Refuses to Say Who (But We All Know)




from Matt Christiansen

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War on Christmas: Amazon Labels Nativity Story as ‘Holiday Fiction’

by Simon Kent
Breitbart.com

Amazon is touting a new children’s book narrating the birth of Jesus Christ as its “#1 New Release in Children’s Christian Holiday Fiction.”

The book The First Christmas, by Breitbart Rome Bureau Chief Thomas D. Williams, is an illustrated children’s poem describing the nativity of Jesus in anapestic tetrameter, the same poetic meter used in Clement Clarke Moore’s classic Christmas poem, A Visit from Saint Nicholas.

Unlike A Visit from Saint Nicholas and other “holiday” poems, however, Williams’s book actually tells the Nativity story exactly as recounted in the gospels of Saints Luke and Matthew, without the addition of fictional embellishments.

Continue Reading at Breitbart.com…

U.S. Factory Activity Craters! Stocks Poised for Record High Open.




from Gregory Mannarino

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Ivy League Schools Drop “Culturally-Biased” Standardized-Test Requirement

from Zero Hedge

Authored by Celine Ryan via Campus Reform,

Two Ivy League universities have announced that many graduate programs will no longer require the traditional standardized Graduate Records Examination testing requirements for applications, citing reasons pertaining to “diversity” and concerns that such tests are “biased” against minority and low-income students.

Both Princeton University and Brown University recently announced that they are moving away from standardized testing requirements for graduate admission in the name of creating a more diverse student body.

Continue Reading at ZeroHedge.com…

Economic Censorship Resistance: Bitcoin is Only Going to Get Harder to Obtain & Manipulate!




from Crush The Street

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Personal Politics, Public Impeachment, Persuasion and Post-Apocalyptic Planning

by Doug “Uncola” Lynn
The Burning Platform

One of my primary concerns regarding the forthcoming economic chaos and societal breakdown is that there will be nowhere to run and nowhere to hide. As normalcy bias evaporates like tears on dehydrated sunken cheeks, hungry neighbors and pre-collapse friends and acquaintances will soon assimilate into zombie hoards and come knocking like its Halloween.

What are you going to do? Shoot them?

Regardless, saying “I told you so” or “I tried to warn you, but you didn’t listen” will not be an effective deterrent. Furthermore, the resultant chaos will also deliver local strongmen and gangs ready to thieve and plunder amidst widespread violence and starvation.

Continue Reading at TheBurningPlatform.com…

Supreme Court: Parents of Sandy Hook May Sue Remington for AR-15 Marketing




from Bill Whittle

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GDP Estimates Crash on Dismal Economic Reports

by Mike ‘Mish’ Shedlock
Mish Talk

GDP Estimates are well below 1.0% following industrial production and retail sales estimates.

The GDPNow model forecast for the fourth quarter took a dive today to 0.3% from 1.0% a week ago. Similarly, the Nowcast model fell to 0.4% from 0.7%.

Pat Higgins at GDPow explains:

“The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2019 is 0.3 percent on November 15, down from 1.0 percent on November 8. After this morning’s retail trade releases from the U.S. Census Bureau, and this morning’s industrial production report from the Federal Reserve Board of Governors, the nowcasts of fourth-quarter real personal consumption expenditures growth and fourth-quarter real gross private domestic investment growth decreased from 2.1 percent and -2.3 percent, respectively, to 1.7 percent and -4.4 percent, respectively.”

Continue Reading at MoneyMaven.io…

Dave vs MSM – Impeachment Hearing Goat Rodeo




from Operation Freedom

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Metals Market Likely Bottoming

by Avi Gilburt
Gold Seek

When the GLD dropped down off the October 25th high in a 5-wave structure, this provided us with the warning that a deeper c-wave can take hold. In fact, as we began the rally off that 5-wave decline, I began noting in our trading room that I was going to use GLD puts as a hedge to my overall metals positions, and would stop out should the market be able to break out over 143. And, as I also noted at the time, my target was down in the 133-135 region.

While the market hovered just below that 143 resistance for 3 days, it was unable to break out. That is when we began the c-wave decline for which the market was setting up. And, to be honest, this was one of the most telegraphed c-wave decline I have seen in the metals in quite some time.

Continue Reading at GoldSeek.com…