Deutsche Bank Is On The Verge Of Collapse: Andrew Hoffman

from X22Report Spotlight:

Deutsche Bank CEO Returns Home Empty-Handed After Failing To Reach 'Deal' With DOJ: Bild

Following the seemingly endless procession of short-squeeze-fueling trial balloons last week - from settlement rumors to German blue-chip bailouts to Qatari investors - Germany's Bild newspaper confirms the rumors that sparked weakness on Friday: Deutsche bank CEO John Cryan has failed to reach an agreement with the US Justice Department.
  

Deutsche Bank Tells Investors Not To Worry About Its €46 Trillion In Derivatives

"The 46 trillion euros figure sounds gigantic, but it is completely misleading. The real risk is far lower" Deutsche Bank's Chief Risk Officer Stewart Lewis told Welt am Sonntag. There is just one problem with this statement: Lewis made an almost identical promise that "Deutsche Bank is fine" two months ago. As it turned out, it wasn't.

Never. Been. Higher.

"...am I in any way reassured that the Fed sees no bubbles? No, I am not. These dudes will never identify an asset bubble - at least before the event!"

Iceland Just Did The Exact Opposite Of What The U.S. Does — It Found 9 Banksters Guilty In Historic Case

by Jay Syrmopoulos, Activist Post:
On Thursday, Iceland’s Supreme Court found nine bankers guilty of market manipulation, affirming the conviction of the seven defendants found in a June 2015 decision by the Reykjavik District Court, and handing down a guilty verdict to two defendants previously acquitted in district court.
The Supreme Court decision found that “[b]y fully financing share purchases with no other surety than the shares themselves, the bankers were accused of giving a false and misleading impression of demand for Kaupthing shares by means of deception and pretense,” according to the Iceland Monitor.
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An Independent Voter Explains How "The Trump Tape" Scandal 'Changed' His Mind

"Let’s face it. Enough is enough!"

Surprise Poll Finds Vast Majority Of Republican Voters Support Trump After "Lewd Comments"

Has the Trump tape had any impact where it really counts, the rank-and-file Republican voters? The answer, perhaps not surprisingly, is a resounding no. According to a new poll released this morning by Politico/Morning Consult, a vast majority of Republican voters is standing behind Donald Trump after the so-called "campaign imploding" tape scandal, as almost three-quarters of Republicans, or 74%, said GOP leaders should still back Trump.

Never. Been. Higher.

"...am I in any way reassured that the Fed sees no bubbles? No, I am not. These dudes will never identify an asset bubble - at least before the event!"

US Air Force Drops Dummy Nukes in Nevada Dessert

The U.S. Air Force dropped two dummy nukes in the Nevada desert earlier this month in what it called an effort to modernize and assess the performance of the U.S. nuclear stockpile. In collaboration with the National Nuclear Security Administration (NNSA), the Air Force successfully tested two B61 nuclear bombs. Neither carried a live warhead.

Russia Accuses US Of Threatening Its National Security, "Needs Nuclear Weapons For Protection From US Hostility"

"It's not just a rhetorical Russophobia, but aggressive steps that really hurt our national interests and pose a threat to our security" the Russian foreign minister said in an interview in Russia today, adding that "the Russian need to have nuclear arms for protection against US is a most negative & dangerous result of Washingtons influence on world stabilty."

Bernie Sanders Supporters Furious Over Hillary's Leaked Wall Street Speeches

"This is a very clear illustration of why there is a fundamental lack of trust from progressives for Hillary Clinton,” said Tobita Chow, chair of the People's Lobby which endorsed Sanders in the primary election. "The progressive movement needs to make a call to Secretary Clinton to clarify where she stands really on these issues and that’s got to involve very clear renunciations of the positions that are revealed in these transcripts."

Ray Dalio Warns A 1% Rise In Yields Would Lead To Trillions In Losses

"... it would only take a 100 basis point rise in Treasury bond yields to trigger the worst price decline in bonds since the 1981 bond market crash. And since those interest rates are embedded in the pricing of all investment assets, that would send them all much lower."

How Big Pharma Censors the Internet

by Wolf Richter, Wolf Street:
Government quietly involved behind the scenes
Americans pay by far the highest prices in the world for most prescription drugs, and of course big pharma would like to keep it that way. Key measures that the industry relies upon in this regard are the Prescription Drug Marketing Act [PDF] and Ryan Haight Online Pharmacy Consumer Protection Act [PDF], which make it unlawful for most Americans to access lower-priced drugs from overseas, coupled with the powers of U.S. Customs and Border Protection (CBP) to seize such drugs at the border on their own initiative.
In practice however, discretionary guidelines developed by the Food and Drug Administration (FDA) and enforced by the CBP allow American consumers to import a 90-day supply of some prescription medications for personal use, including by bringing them across border checkpoints in personal luggage, or by mailing them from overseas. In the latter case, a large market exists for pharmacies registered in other countries such as Canada, Australia and Turkey, that will accept online orders and mail genuine pharmaceuticals to American consumers at cheaper than local prices.
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How Big Pharma Censors the Internet

by Wolf Richter, Wolf Street:
Government quietly involved behind the scenes
Americans pay by far the highest prices in the world for most prescription drugs, and of course big pharma would like to keep it that way. Key measures that the industry relies upon in this regard are the Prescription Drug Marketing Act [PDF] and Ryan Haight Online Pharmacy Consumer Protection Act [PDF], which make it unlawful for most Americans to access lower-priced drugs from overseas, coupled with the powers of U.S. Customs and Border Protection (CBP) to seize such drugs at the border on their own initiative.
In practice however, discretionary guidelines developed by the Food and Drug Administration (FDA) and enforced by the CBP allow American consumers to import a 90-day supply of some prescription medications for personal use, including by bringing them across border checkpoints in personal luggage, or by mailing them from overseas. In the latter case, a large market exists for pharmacies registered in other countries such as Canada, Australia and Turkey, that will accept online orders and mail genuine pharmaceuticals to American consumers at cheaper than local prices.
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Multiple Part-Time Jobs and Central Bank Lies

by Turd Ferguson, TF Metals Report:
If anything, today’s BLSBS reveals that the average US citizen is now working multiple, part-time jobs in a desperate attempt to make ends meet. And this “robust economy” that is “near full employment” is the supposed rationale for the Federal Reserve to raise the Fed Funds rate as soon as next month. What a perverted lie and scam this all is!
But we all knew there wasn’t going to be a rate hike in November anyway and December is at worst 50/50. Today’s “jobs report” only confirmed that: http://www.zerohedge.com/news/2016-10-07/fed-whispererr-hilenrath-kills-november-rate-hike-hopes-plays-down-december-too
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What OPEC’s Latest Announcement Really Means

by Marin Katusa, Katusa Research:
Last week, the Organization of Petroleum Exporting Countries (OPEC) announced its intention to reduce its oil production by one million barrels per day. This is the first time OPEC has attempted a production cut since late 2008.
The promise of reduced oil supplies sent oil prices 5% higher on the day of the announcement.
OPEC’s announcement was a good soundbite for the media, but what you won’t hear from the mainstream press is that OPEC’s move will not make a difference. Contrary to what some people believe, it’s not going to lead to higher oil prices over the long term. Below, I’ll tell you why.
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Russia Is Preparing For A Nuclear War With The United States

by Michael Snyder, End Of The American Dream:
In Russia there is talk that war with the United States is inevitable, and they are feverishly preparing to win such a war when it happens. Thanks to tensions over Ukraine, Syria and the price of oil, U.S. relations with Russia are the worst that they have been since at least the end of the Cold War. In fact, one false move could result in U.S. and Russian forces shooting at each other in Syria as you will see below. The Russians have worked incredibly hard to upgrade and modernize their military in recent years, but meanwhile the U.S. military is being transformed into a radically politically-correct social experiment by the Obama administration. Most Americans simply assume that we will never fight a war with Russia, and that if for some reason we did that we would win easily. Unfortunately, things have changed dramatically over the past decade, and the truth is that the Russians now have the upper hand.
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GOLD AND SILVER SMASHED ALL WEEK DURING CHINESE HOLIDAY

Did you know the Shanghai Gold Exchange was closed for a Chinese holiday last week? It was a perfect time to SMASH the metals.
from Smaul gld:

Wikileaks: Clinton Chief Podesta Received Intel that Muslim Migration Was Creating ‘Misery and Mayhem’ in Europe

from Breitbart:
Clinton campaign chairman John Podesta received a bleak intelligence memo on Muslim migration in Europe, according to Wikileaks’ Podesta email dump.
The email address [email protected] sent a message to Podesta’s email account at Georgetown Law School on February 21, 2016. The Clinton campaign has staunchly advocated for increasing Muslim refugee settlement in the United States.
“Multikultistan: A house of horrors for ordinary Germans,” was the headline on the apparent intelligence packet that was sent to Podesta.
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