World News (May 24, 2018 Edition): Watch Live: Trump Says Military ‘Ready If Necessary’ On North Korea – BREAKING: Israel is attacking Syria again! – Trump Calls Off Historic Meeting With North Korea’s Kim – Deutsche Bank To Fire 10,000 Employees: 1 In Every 10 – Theresa May could STRIKE Putin with ‘MISSILES’ if he hits UK with devastating cyber ATTACK

https://twitter.com/Partisangirl/status/999769466652127232

…and what could possibly go wrong?

*****

Derivatives much? I’ve been warning about this for a looong time…

Read moreWorld News (May 24, 2018 Edition): Watch Live: Trump Says Military ‘Ready If Necessary’ On North Korea – BREAKING: Israel is attacking Syria again! – Trump Calls Off Historic Meeting With North Korea’s Kim – Deutsche Bank To Fire 10,000 Employees: 1 In Every 10 – Theresa May could STRIKE Putin with ‘MISSILES’ if he hits UK with devastating cyber ATTACK

World News (May 9, 2018 Edition): Another Tesla Model S Bursts Into Flames After “Horrific” Crash, Killing Two Men Trapped Inside – Japan’s TEPCO Plans to Dump 777,000 Tons of Fukushima ‘Toxic Waste Water’ into Pacific Ocean – Ford Halts ‘All’ Production Of F-Series Truck, ‘Temporarily’ Lays Off Almost 8,000 Staff

– Another Tesla Model S Bursts Into Flames After “Horrific” Crash, Killing Two Men Trapped Inside

Japan’s TEPCO Plans to Dump 777,000 Tons of Fukushima ‘Toxic Waste Water’ into Pacific Ocean

– Ford Halts ‘All’ Production Of F-Series Truck, ‘Temporarily’ Lays Off Almost 8,000 Staff

The World’s Biggest Hedge Fund Derisks Massively, Goes Short Stocks

The Morning After: How The World Reacted To Trump’s Withdrawal From The Iran Nuclear Deal

Top Secret Intel Source Aiding Mueller Probe Is Behind Latest Clash Between DOJ And Nunes

Putin welcomes & accompanies WWII veteran after he was pushed away by president’s guard (VIDEO)

Firepower: Russian Troops Get New Kalashnikov Assault Rifles

Trump Blasts “Always Negative” ‘Fake News’, Threatens To Remove Credentials

Watch: Iran Lawmakers Burn US Flag, Shout “Death To America”

– Mike Krieger: Trump Pulls Out of Iran Deal – U.S. Determined to Become a Rogue State:

“Let me cut to the chase. Every single world leader knows Trump’s full of shit. Even more importantly, the citizens of their nations also know it. Everyone with a functioning brain understands that pulling out of the Iran deal has nothing to do with terrorism, nuclear bombs or any other fairytale propagated by U.S. neocons. This is simply about the existence of a non-U.S. client state in a key strategic region sitting on massive oil reserves. It’s about empire — global games of power and money fueled by a desperate attempt to hold on to a unipolar world where the U.S. bosses everyone around.”

Is ‘The Big One’ Coming? Los Angeles Area Rocked By 4.5 Magnitude Earthquake

“After 14 Years, I’ve Had It. I’m Leaving Seattle”

Mass Exodus: Venezuelan Army Troops Desert In Droves Ahead Of Presidential Election

“They Will Lie To Your Face”: WikiLeaks “Defector” Hits Back With New Claims

Short Of War, China Now Controls South China Sea

Here’s How Much Marijuana Costs In The United States Vs Canada

Chicago Mayor Emanuel Wants To Unleash Spying Police Drone Against Protestors

$25,000 Robot Barista Can Make 120 Cups Of Coffee An Hour:

Novartis Explains Why It Covertly Paid Trump Lawyer Michael Cohen $1.2 Million

NYSE Owner Plans Bitcoin Trading Platform

Bill Gates Warns Of An Apocalyptic Nightmare: 30 Million DEAD

Protecting Israel Is a Full-Time Job for American Politicians and Judges

Read moreWorld News (May 9, 2018 Edition): Another Tesla Model S Bursts Into Flames After “Horrific” Crash, Killing Two Men Trapped Inside – Japan’s TEPCO Plans to Dump 777,000 Tons of Fukushima ‘Toxic Waste Water’ into Pacific Ocean – Ford Halts ‘All’ Production Of F-Series Truck, ‘Temporarily’ Lays Off Almost 8,000 Staff

Gold & Silver Eagle Sales Drop Sharply Due To Central Bank Intervention

Gold & Silver Eagle Sales Drop Sharply Due To Central Bank Intervention:

Thanks to the Fed and Central bank intervention, sales of Gold and Silver Eagle sales declined sharply over the past year. Yes, it’s true… precious metals investors have lost interest in gold and silver as the stocks, real estate, and crypto markets reached new highs in 2017. So, who wants to continue purchasing gold and silver when many cryptocurrencies were experiencing 10% increases in a day.

H/t reader squodgy:

“Another sign that the herd is being herded…….

Paper money and electronic money have a questionable and thus insecure lifespan.”

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Reddit Co-Founder Says Ethereum Price Will Reach $15,000 This Year

Reddit Co-Founder Says Ethereum Price Will Reach $15,000 This Year:

Alexis Ohanian, a co-founder of Reddit, said that he predicts the price of Ethereum (ETH) will reach $15,000 in 2018, Fortune reports May 2.

Ohanian, who now works full-time at a venture capital (VC) firm Initialized Capital, said in an interview, “At the end of the year, Bitcoin will be at $20,000. And Ethereum will be at $15,000. Great, now people can call me out if I’m wrong.” He said that he’s bullish on ETH because “people are actually building on it.”

Should Ohanian’s prediction prove true, the ETH market cap would soar from $67 bln to nearly $2.5 trln, while Bitcoin would recover to last year’s record high price and market cap of $340 bln.

Read moreReddit Co-Founder Says Ethereum Price Will Reach $15,000 This Year

World News (April 23, 2018 Edition)

9 Dead, 16 Injured After Van Runs Over Pedestrians In Toronto, Driver Arrested

US Admiral warns: Only war can now stop Beijing controlling the South China Sea (And what could possibly go wrong?)

Narco-Politics: 7,667 Mexicans Killed In 3 Months As Drug Cartels Unleash Hell Before Elections

Trump Instructs DHS To Block “Caravans” Of Illegals After First Wave Reaches Border

Iran Warns Rest Of World: “No Plan B” On Nuke Deal, “Encourage Trump” Or “We Shred It”

European Parliament Urges Boycott Of Soccer World Cup In Russia

Syrian military pummels IS-held districts in Damascus:

BEIRUT (AP) — Syrian government forces used warplanes, helicopters and artillery on Sunday to pound districts of the capital held by the Islamic State group, in a bid to enforce an evacuation deal reached with the militants earlier in the week.

Mossad Accused Of Assassinating Hamas-linked Professor In Malaysia, Israel Denies:

Witnesses describe two “white men” with “European features,” driving a powerful BMW 1100cc motorbike in the early morning hours. They fired ten rounds and then vanished.

World Bank recommends that countries eliminate minimum wage, dismantle wrongful dismissal rules and contractual protections for workers

Iran Central Bank Bans Domestic Banks from Cryptocurrency Dealings

Goldman Hires Head Cryptocurrency Trader

Iran Officially Switches From Dollar To Euro

DISGUSTING: Study finds that animal vaccines have no safeguards against contamination and contribute to serious pet diseases like cancer

Western-Backed Regime Change Looms As Armenia PM Resigns Following Mass Protests

Read moreWorld News (April 23, 2018 Edition)

Soros To Start Trading Cryptocurrencies Amid Plunging Prices

– Soros To Start Trading Cryptocurrencies Amid Plunging Prices:

After a historic drop in cryptocurrency prices in the first quarter, one which deflated much of the euphoria that surrounded the sector in late 2017 and the start of this year, the space is about to get exciting again because none other than 87-year-old billionaire George Soros is reportedly preparing to trade cryptocurrencies as prices plunge.

According to Bloomberg, Adam Fisher -who oversees macro investing at New York-based Soros Fund Management – has received internal approval to trade virtual coins in the last few months, “though he has yet to make a wager.

Read moreSoros To Start Trading Cryptocurrencies Amid Plunging Prices

India Bans Bitcoin Wallets, Bank Funding, All Cryptocurrency Services

Don’t expect India’s 1.3 billion residents to be investing in Bitcoin or other virtual currencies any time soon.

According to a report from the Economic Times, the Reserve Bank of India has issued a blanket ban on all cryptocurrency trading.

You will not be able to buy cryptocurrency via banks or e-wallets etc. in India anymore as Reserve Bank of India (RBI) has banned them with immediate effect from “dealing with or providing services to any individuals or business entities dealing with or settling virtual currencies”.

Though the country says it understand the need for supporting blockchain related technologies, the exchange of virtual currencies is now prohibited on every level, including the purchase of digital assets via bank accounts or debit cards, as well as the utilization of wallets to transfer assets.

The RBI issued a statement on the matter with guidance to follow:

Read moreIndia Bans Bitcoin Wallets, Bank Funding, All Cryptocurrency Services

“I Just Discovered I Owe The IRS $50,000 I Don’t Have, Because I Traded Cryptos”

“I Just Discovered I Owe The IRS $50,000 I Don’t Have, Because I Traded Cryptos”:

A Reddit user who was “surprised” to learn he owed the IRS roughly $50,000 from his crypto-trading profits – money that he had not set aside when he cashed out his bitcoins at the height of the boom – complained in a viral post that crypto trading “ruined his life.”

The alleged trader, who uses the screenname Thoway, explained that he bought eight bitcoins for $7,200 in January 2017 then cashed them out in December for about $120,000. Here’s the catch: his altcoin investments quickly sunk, eating away most of his bitcoin profits. But unbeknownst to him, by selling his bitcoin, Thoway had inadvertently triggered a “taxable event”.

Read more“I Just Discovered I Owe The IRS $50,000 I Don’t Have, Because I Traded Cryptos”

Bitcoin Tumbles Below $7000 After Binance Hack Fears

Bitcoin Tumbles Below $7000 After Binance Hack Fears:

As reported by ForexLive earlier (and Finance Magnates), there is a login issue at Binance and it has created more fears about a possible hack (or other liquidity fears) sparking FUD-driven selling pressure across the crypto space.

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Crypto Carnage Continues – Bitcoin Back Below $7,000, Ether Under $400

Crypto Carnage Continues – Bitcoin Back Below $7,000, Ether Under $400:

Despite a brief bounce overnight, cryptos are sliding once again with Bitcoin below $7,000; Ethereum below $400; and Ripple back below 50c.

“It’s a sea of red,” said one seasoned crypto-trader, adding after a stoic pause, “again!”

Amid the worst month for tech stocks in years, cryptos are in freefall…

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