WAKE UP AMERICANS…. You’re Invested In Soon To Be Worthless Paper Assets:
A SERIOUS CRACK appeared in the markets today. This was due to the lousy payroll report of only 38,000 new jobs for May. The market expected 160,000 new jobs, but it turned out to be more than four times less…. This is the worst jobs report since 2010.
Moreover, the jobs that we have been adding to the market for the past several years were mostly low paying service jobs like bartenders, waitresses, Walmart greeters and etc. So, with all the massive amount of monetary injections and zero interest rates, the best we could do was prop up the service economy for a few years.
This extremely bearish payroll report caused the Dollar Index to fall 140 basis points, the markets to sell off, and gold and silver to surge higher. I believe this is the first CRACK of a series of cracks that will cause severe problems for the economic and financial markets going forward.
- U.S. Jobs Growth A Horrible Miss, Worst in Five Years: May Jobs Report Takes June Rate Hike Off The Table
- April Sends A Soaring 562,000 Americans Missing From Obama’s Employment Calculations: The Final Silver & Gold Showdown!
Russia Invests $500 Million In Venezuela’s Orinoco Oil Fields & $14 Billion In Gas Production Before Oil Hits $200.
Russian company Rosneft plans to invest $500 million in the development of oil fields in the Orinoco oil belt in Venezuela. The agreement on additional investment was signed on Friday night, Feb. 19, 2016 in the presence of the President of the Bolivarian Republic Nicolas Maduro, Venezolana de Television TV channel said.
“According to the law about the nationalization of the oil industry, an investment of $500 million will be made for the Venezuelan oil industry. In the era of the global crisis and the economic war, we receive the investment that we need for the future,” said Maduro.
In accordance with the new document, the share of Rosneft in Petromonagas project has been increased by 40 percent.
- George Washington’s Birthday 2/22/2016: The Cause Of The Revolutionary War ~ Unfunded Paper The Species Of Fraud
Moscow plans to sign an agreement with Iran this year to construct up to eight new nuclear reactors in the country, an informed source says.
“Russia and Iran may sign an intergovernmental agreement this year on building from four to eight nuclear reactors, and, under the deal, the contract for the construction of the first two reactors as additions to Bushehr,”
the source informed of the contract’s negotiation process told Reuters on Thursday.
- Bilderberg Group Stopped Selling Gasoline To Iran In 2010.
- China & Russia Have Been Dumping U.S. Dollars Since 2010: Takes Several Years For Impact ~ Its Now 2014.
- Middle East Rothschild Banking Puppet Regimes Are Collapsing: Kissinger’s Petrodollar Going Down Faster Than A Whore On Overtime!
Deputy Prime Minister Shaharistani ~ Iraq’s Joe Biden: Iraq To Generate $6 Trillion In Energy Revenue With 250,000 New Jobs.
Iraq will invest around $ 500 billion in energy and linked industries with the help of the private sector by 2030, generating around $ 6 trillion in revenues, the Deputy Prime Minister for Energy said yesterday.
Hussain Al Shahristani said the growth generated would create around 250,000 jobs for the war-torn country, which is trying to rebuild its economy after years of violence and economic sanctions.
A gas delivery in San Anselmo, California. Photographer: Justin Sullivan/Getty Images
Gasoline station owners in the Los Angeles area including Costco Wholesale Corp. (COST) are beginning to shut pumps as the state’s oil refiners started rationing supplies and spot prices surged to a record.
Brazil’s U.S. $133 Billion, Ten-Year Push in Search of Oil and Gas : Obama Sending Billions In U.S. Taxpayer Dollars For Brazil To Drill New Offshore Oil Wells.
Energy corporations will invest US $133 billion in the next ten years looking for oil and gas in Brazil according to a release from the country’s Ministry of Mines and Energy. The plan, according to official sources, seeks to balance economic growth prospects with energy supply and expanded demand.