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Old 07-03-2018, 04:40 AM
Danny B Danny B is offline
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,492
Exit from equities,,, rising dollar,, DOD audit

7/02 Morgan Stanley: Vicious cycle will end only when stocks dive – ZH
7/02 Chinese, Japanese stocks plunge on trade, oil worries – CNBC
7/02 US stocks lower on trade hostility – CNBC

OK, and the result;
May 22, 2018 ... The tough times for Emerging Market Bond Funds continued, with redemptions exceeding the $1 billion mark for the third
.................................................. ...........................................
Domestic Equity funds reporting net outflows of -$6.926 billion and Non-Domestic Equity funds reporting net outflows of -$1.027 billion...ExETFs - Emerging Markets Equity funds report net outflows of -$0.345 billion.
.................................................. ...............................................
High Yield funds reported net outflows of -$1.135 billion...Money Market funds reported net inflows of $18.188 billion
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So, several $trillion is flowing out of equities and EM bonds. Much of it is flowing into money-market funds. Some into U.S. bonds.
FUND FLOWS: Despite Coming Rate Hikes, Investors Love US Bonds ...
Page not found | Wealth Management...
Cameron Brandt | May 22, 2018
I posted all the various currencies that are falling. The financial "air" is being sucked out of the room. A lot of investors are running to cash.

7/02 Mexican peso and euro slide on political uncertainty – MarketWatch
7/02 Venezuela’s inflation rate tops 40,000 per cent for first time ever – Independent

Nobody wants the dollar to go up like this but, it appears to be Unstoppable.


Trump is kicking around another sacred cow;
https://sputniknews.com/us/201807021...to-withdrawal/
Oil
"The U.S. and Saudi Arabia struck a side deal to boost oil supply by 2 million barrels per day, according to President Donald Trump."
Sounds fishy because Saudi production has been in decline for years.
https://static.seekingalpha.com/uplo...2407555935.png

"the actual total of unaccounted for money at the Pentagon is most likely significantly more than $21 trillion. The First ever “full-scope audit” of the Pentagon is presently underway. Read the first report from this series here. "
The financial management systems DOD has put in place to control and monitor the money flow don’t facilitate but actually “prevent DOD from collecting and reporting financial information
DOD frequently enters “unsupported” (i.e. imaginary) amounts in its books (p. 13) and uses those figures to make the books balance
DOD managers do not know how much money is in their accounts at the Treasury, or when they spend more than Congress appropriates to them. (p. 5)18
Nor does DOD “record, report, collect, and reconcile” funds received from other agencies or the public (
DOD does not know who owes it money, nor how much.
OD’s “Internal Controls,” intended to track the money, are inoperative. Thus, DOD cost reports and financial statements are inaccurate, and the size, even the direction (in plus or minus values), of the errors cannot be identified,


Think about it. The military-industrial-complex (don't forget the banks) have a bottomless check book that nobody ever looks at. Many years ago, David Walker, the comptroller-general of the U.S. refused to certify the books. Everybody is just writing checks without even a passing thought for congressional appropriations. Though, the do make sure that the grunts life in poverty. The DOD left no paper trail so that nobody could actually assign responsibility or accountability.
https://www.globalresearch.ca/how-21...ntagon/5638534

Trump indicated in the beginning that he wanted a complete audit.
and
"Gowdy declared that Strzok was obviously biased because, “He was talking about impeachment within three days of Special Counsel Robert Mueller being appointed."
“More than 60 Democrats have already voted to proceed with impeachment before Robert Mueller found a single solitary damn thing,” Gowdy roared."
American Patriot Daily ? Trey Gowdy Turned The Mueller Investigation Upside Down With This Speech

The offence industry spent $174 million on lobbying congress. EVERYBODY can be presumed dirty. Hundreds of congressmen have contributed miles of rope to the hangman.
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