Tag Archives: Canada

Bits and Pieces – 20171020, Friday

 

Commentary: After publishing my last commentary, Bits and Pieces – 20171013, Friday, I came across this video by Gordon T. Long: UnderTheLens – 09 21 17 – OCTOBER – Coming “Nationalization” of Markets. It subsumes my comments with the exception of the scenario of how the Fed might take over the US stock market. In the 26 minutes, he does a much more thorough job of documenting how central banks globally are the dominant players in many capital markets such as sovereign bonds, and are rapidly becoming the dominant players in stock markets.

In the case of stocks, where their “printed money” has gone is a puzzle. If they print a billion dollars and buy a billion worth of equities in the market, the money goes into the accounts of the sellers. What do the sellers do with it? Do they use it to ‘walk the market higher’ isolating the new money in the market or do they take it out and move it into the economy causing inflationary pressures?

Already, in some sovereign bond markets, there is a liquidity problem, Investment funds and pension funds have traditionally used sovereign bonds as a a stable, low-risk component of their portfolios. These institutions are finding that they can’t get the bonds they require because the governments are mopping them up. The other problem is that these are not free markets and proper risk and price discovery simply can’t happen. Given the global history of sovereign defaults, particularly by the top economies, a zero interest or negative rate sovereign bond is simply not pricing in the real, if small, risk of a sovereign default. With central bank taking over ownership in these markets the risk of default is rising because so far, current monetary policy is proving to be a one way street.

The Adopted First Nations Children of the 1960S are Being Scooped Back.

RE: Canadian Press item: TORONTO – The federal government has agreed to pay hundreds of millions of dollars to survivors of the ’60s Scoop for the harm suffered by Indigenous children who were robbed of their cultural identities by being placed with non-native families.

Crown-Indigenous Relations Minister Carolyn Bennett has announced  a National Settlement with Indigenous Peoples. Included in the settlement is a class action in Ontario seeking redress for generations of our society’s alleged abuse of  indigenous peoples. Evidently, this redress is to be accomplished  by a payout of between $25,000 and $50,000 for each claimant, to a maximum of $750 million. In addition, the Federal government will set aside a further $50 million for a new Indigenous Healing Foundation. Another $75 is to be set aside to pay the plaintiffs’ legal fees. This is all to make  amends for the great  “Ontario Scoop” in which “at-risk on-reserve Indigenous children … were placed in non-Aboriginal homes” from 1965 to 1984 under terms of a federal-provincial agreement.

CANADA’S BID TO RETURN TO THE SECURITY COUNCIL

Here is a new article from Paul Merkley, reprinted by permission.

Shortly after his election,  Prime Minister Justin Trudeau announced that his Liberal government will be actively pursuing assignment to the next seat available on the United Nations Security Council.

Bits and Pieces – 20170624 – Saturday

Commentary: This will be the last letter until after we move and I have communications reestablished, sometime in the first week in July. It seems every time I go away they start a war or some other major event. Let’s hope that doesn’t happen this time.

Our new coordinates: 250 Joel Ct., Strathroy, ON, N7G 4B3. Phone and email remain the same for now.

Civil Unrest: The Great Reset is coming and it is coming from several directions. Here’s one that most people are not aware of – unfunded pension liabilities: Madoff Whistleblower Harry Markopolos Warns A Wild Card Will Hurtle The World Into The 2nd Great.

Cyber Warfare: At war: Obama Ordered Cyberweapons Implanted Into Russia’s Infrastructure. Recall that this was in response to an event that was eventually shown to come from sources other than the Russian state. So it would be fair of Russian secreted some dirty bombs around the US to be detonated if the US did something preemptive.

WWIII: Here is a good summary of recent events in the Middle East showing the mounting danger there: The Middle East Is Blowing Up. The Baltics rather than the Ukraine may be the point to watch on Russia’s borders: Russian, NATO Jets In Near Standoff After F-16 Buzzes Russian Defense Minister’s Airplane. The Doomsday Clock is inching forward: Ever Closer To War.

The Mid East is back in the news: Arab States Issue 13-Point Ultimatum To Qatar: Cut Ties With Iran, Close Al-Jazeera, Shutter Turkish Base. How long before a kinetic phase emerges?

The American Empire (AE): This article poses an excellent question: Why Does the US Target Functioning Democracies for Regime Change?. Ask yourself who benefits most if the Middle East’s oil fields burn. Would it be the American shale industry? Speaking of interfering in another country’s politics: 64 Years Later, CIA Finally Releases Details Of Iranian Coup.

Canada Corner: I had reported the problems with Home Capital Group a few weeks ago. They just got anpther bailout, but ar what cost: Buffett Stuns Market After Berkshire Acquires 38.4% Of Home Capital Group, Provides C$2 Billion Loan? Buffett s a smart man. Is he backstopped by the Canadian taxpayer?

Sears is reorganizing: Sears Canada Announces Bankruptcy; Fires 2,900.

Bits and Pieces: There may be some interesting internal tensions coming to a head in Saudi Arabia: In Historic Shakeup Saudi King Removes Crown Prince, Names Son As First Heir. The person replaced, Mohammed bin Nayef – “the country’s counterterrorism czar” may have the Saudi intelligence community on his side.

Bits and Pieces – 20170610 – Saturday

Commentary: Trump is right about NATO: the Europeans, particularly the Germans have been riding on Uncle Sam’s coattails. Britain and Russia have one thing in common, their major wars over the last 2 or 3 hundred years have been with the French and the Germans. Merkel’s EU has been playing hardball over Brexit. Britain should form closer ties with Russia and leave NATO since their adversary is the EU, meaning France and Germany.

Here’s an interesting prediction. I follow the site King World News. Reading past Eric Kings habit of being stuck in the superlative mode of everything, he interviews a few people that I consider reliable. One is Andrew Maguire of whom he published a most recent post on June 9. Maguire states that in exactly 26 days from “today”, a dramatic event will take place in the metals market repricing gold higher. The problem is King doesn’t explicitly state when the interview occurred so “today” remains a bit elusive.

If we use the 9th as “today”, 26 days puts the event on July 5, the day after independence day which falls on a Tuesday. Traditionally, trading falls off during the summer (hence “sell in May and go away”). This year, many traders will also take the Monday off with markets closed on Tuesday. If one wanted to make a move when traders were thin, one might choose the 3rd or the 4th. On the other hand, one might want to schedule a move for the 5th to catch markets as the open and take advantage of the market response on a full trading day. It also might be that the call is bad and nothing happens.

I will bet on a good call although my move a few days before makes things a bit tricky. Here’s the interview: ALERT: Unknown Entity Deletes Portion Of Whistleblower Andrew Maguire’s KWN Audio Interview About A Major Event In 26 Days. If you want to place a bet it should be in by June 30.

Bits and Pieces – 20170606 – Tuesday

Commentary: Home and catching up. Interesting development in the Middle East with: The Shocking Trigger Behind Today’s Gulf Scandal: Qatar Paid Al-Qaeda, Iran $1BN In Hostage Deal. Since Qatar is one of the dominant financiers of terrorism along with Saudi Arabia, will this reduce it to any degree? Also: It’s A “Geopolitical Earthquake”: A Stunned World Responds After Saudi Alliance Cuts All Ties With Qatar. Here’s an analysis of the issues behind this flareup (it’s not terrorism-related): “Forget Terrorism”: The Real Reason Behind The Qatar Crisis Is Natural Gas.

I read two interesting articles today that put me into some exciting thinking. The first is Facebook is Broken, and the second, How to see past your own perspective and find truth. Social media physical networks are defined by the computer science algorithms that are used to build them. The articles point to another class of algorithms that control the content and its dissemination. These algorithms define the social structure of the social media. It is interesting to contemplate that social structure and organization is based on algorithms. What these might have been before the internet is a question that then arises. The role of individual behavior in the algorithms would be a central part to examine (well-defined complex systems).

Bits and Pieces – 20170413, Thursday

Commentary: Things are moving way to fast to wait for a Sunday release. And things are getting scary. So put this together.

More information on the deeper strategy in Syria surfaces. It turns out the CIA was plotting the destabilization of Syria decades ago according to this declassified CIA document: 1983 CIA Document Reveals Plan To Destroy Syria, Foreshadows Current Crisis.

And if a strategy works once, try it again: Putin: “Idlib Was A “False Flag” Attack And We Have Learned That More Are Coming”. Add to this another option: Syria Accuses US Of Hitting ISIS Chemical Weapons Depot Killing Hundreds; Russia Sends Drones.

WWIII: On the Korean front, will Trump trump Un: Trump Warns North Korea Is “Looking For Trouble”, Threatens To “Solve Problem Without China”? He could set the Korean peninsula on fire but that could be good for “America first” with Samsung smart phones and Hyundai cars out of the picture: North Korea Threatens U.S. With Nuclear Attack At Any Sign Of Pre-Emptive Strike. That it might not grow into a regional conflict or worse is suggested by a couple of breaking events:  Trump Unexpectedly Calls China’s President To Discuss North Korea and China Threatens To Bomb North Korea’s Nuclear Facilities If It Crosses Beijing’s “Bottom Line”.

The optimal solution might be for the US and China to act together to effect regime change and remove the nuclear threat, hopefully without incinerating Seoul which as I recall is within range of 10,000 North Korean artillery pieces dug into the mountain bunkers. Oh, and this on the Chinese: China Reportedly Tells Military To Be Ready To “Move” To North Korea Border.

Just so you can get a ring-side seat: US May Launch Preemptive Strike On North Korea Ahead Of Nuclear Test. I had to dig back for this: U.S. Air Force deploys WC-135 “nuclear sniffer” plane to Japan to monitor North Korea’s possible nuke weapons tests. But another reason for having such a plane in position that they would not want to signal is to monitor radiation spread if they destroy North Korean nuclear facilities.

Some of the above is 3 or 4 days old but this is hot off the press: Trump May Send Up To 50,000 Troops To Syria. This would be the icing on the cake – nice rich yummy chocolate icing.

And we don’t want to forget all those Afghanis we want to kill while testing the largest non-nuclear bomb (MOAB) ever dropped: US Drops Largest Non-Nuclear Bomb For The First Time On ISIS In Afghanistan. The generals have gotta’ love Trump since he has apparently taken the leash off.

And Trump now finds NATO useful: Trump Reverses On NATO: “It’s No Longer Obsolete”.

Bits and Pieces: There have been suggestions that the Swedish people will become extinct as Muslim immigration takes over the country. Such may be a Darwinian outcome: Sweden’s Largest Newspaper Demands “Ban Men In Cars To Stop Terror”.

Canada Corner: Only in New Brunswick: Why Real Estate Should NEVER be the Majority of Your Portfolio?

Bits and Pieces – 20170409, Sunday

Commentary: I go away for three days and they start the war without me. I’ve reformulated this short piece several times as I read more and more. Buried in the links below is a reference to the previous chemical attack that Obama chose not to respond to for lack of evidence of the source.

Here are a few links of many that show what arguments thinking people (the MSM exclude themselves almost by definition) are pondering: Ex-UK Ambassador To Syria Questions Chemical Attack; “It Doesn’t Make Sense, Assad Is Not Mad”. Also this: CNN Anchor Speechless After Congressman Questions Syria Chemical Attack Narrative and this: Ron Paul: “Zero Chance” Assad Behind Chemical Weapons Attack In Syria; Likely A False Flag, and this from Howard Kunstler answering the key question: “Why?”: Bombs Away! Scott Adams also had similar thoughts.

Mike Shedlock polled his readers on for possible sources of the attack: Syria Whodunit and Brainwashed Puppets: Readers Respond on Most Likely and Least Likely Perpetrators. Two thirds believe some actor other than the Syrian government is the perpetrator. A false flag attack engineered by the Saudis or another Gulf state is the most likely as was the case last time

In other words, a false flag chemical attack to draw Trump in. He’s certainly being managed well by the Deep State. And some context: Syrian Warplanes From US-Hit Air Base Said To Resume Air Strikes. But Trump does have his supporters for this: ISIS, Al-Qaeda Praise Trump’s Attack. Also, he received praise from most of his opponents including CNN. That they haven’t even put their knives away will be noticed soon enough. The cost has been loss of his support base.

For a different perspective on Trump’s action, listen to this 24 minute interview: Larry Lindsey – What The World Is Now Witnessing Is Unprecedented. When Trump states that the action is to protect the national interest, if you are trying to figure out what those interests are, it has been long established that the primary interest is in pipelines that must cross Syria: Syria – Pipeline – How The Press Will Not Tell the Truth about Syria. Also see the discussion of pipelines under the WWII section below. The idea that the US is waging war on Syria to remove a brutal dictator is a load of crap served up for the media and the public. There is no shortage of brutal dictators, past and present, that they could remove but choose not to. Nor do they hesitate to support and even create repressive regimes that serve American “national interest”.

And a couple more discussing the wider significance of the attack on Syria: Luring Trump into Mideast Wars and The Media’s Missing the Point: Syria, Empire and the Power of Signaling. The latter article by Charles Hugh-Smith suggests that a much deeper strategy of “signalling” is in play, one that seems unlikely to be Trump’s.

Bits and Pieces – 20170106, Friday

Commentary: I’ll be taking a break for a week after today while I travel.

Trump: A short read: Threats to Assassinate Trump. The left in all countries, has been traditionally violent. We have been witnessing the violence for months now, in the US. The threat to the presidency and to the Republic is greater from the left than from terrorist activity.

Cyber Warfare: If this doesn’t fly, what will they modify next in their unsupported claim: The “Russian Hacking” Story Changes Again?

WWIII: Escalation: The US Has Begun Amassing Troops On Russian Border.

Russia: When the West criticizes Russia for its imputed actions, what is never observed are the cases where the West has acted in a similar and often more egregious fashion. Pat Buchanan levels the playing field: Can Trump and Putin Avert Cold War II?

Climate: Something to be watched: Global Warming – Opps – Ice Age – Hits Europe. The problem is with the extreme political bias in climate science, we may be well into a mini-ice age before politicians will remove carbon taxes.

Cycle theory: As you know, I am a fan of the theories of cycles. I started posting Bits and Pieces to facilitate capturing the references in a searchable format for later discovery.  One of the prominent cycle theorists or modelers is Martin Armstrong. With that, here’s a later article: Bonds & Climate Change.

Bits and Pieces: Online retailing in perspective:

That gives the scale. This one gives the sense of early automation:

Trump will be successful in re-shoring companies. There will be few jobs to return, however. The old factories are leveled or converted to other uses. The new factories will be highly automated with the latest generation of robots and artificial intelligence systems. A primary driver of re-shoring is the ability of companies to maintain a higher standard of quality control over product inputs.

In contrast are the traditional ‘bricks-and-mortar’ retailers: Macy’s, Kohl’s Crash After Reporting Abysmal Holiday Sales; Cut Guidance; Announce Mass Layoffs, Store Closures and Sears Holdings Posts Another Ugly Loss: Bankruptcy Looms Ahead.

Looking at the global economy, what can possibly go wrong: Global Debt Hits 325% Of World GDP, Rises To Record $217 Trillion?

A warning for Canadians: The Canada Experiment: Is This the World’s First ‘Postnational’ Country? Garbage from The Guardian.

Bits and Pieces – 20161223, Friday

What We’re Reading Today

Commentary: The Canadian government might have made the right decision after all: Lockheed Tanks After Trump Tweets He Told Boeing To Price Cheaper F-18 Competitor To F-35.

WWIII: Let’s see where this goes: Trump Calls For Expansion Of US Nuclear Capability, Hours After Putin Urges Russia To Do The Same. Also: Trump Doubles Down On Nukes: “Let It Be An Arms Race, We’ll Outlast Them All”. Now tell me that a war with NATO will not go nuclear fast. On another front: Quiet Since WWII, Japan Begins $44 Billion Re-Militarization To Confront China.

Bits and Pieces: Geert Wilders on the state of Islam in Europe: Geert Wilders Warns “Political Revolution Is Brewing In Europe”. He references key passages in the Quran that underlay Islamic terrorism.

I did see this on the MSM but here’s Zero Hedge: Loonie Tumbles After Canadian Economy Unexpectedly Crashes Back Into Contraction.

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