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U.S. Futures Jump In Tandem With Soaring Italian Banks On Hopes Of Government Bailout

it has been a rather quiet session, which saw Japan modestly lower dragged again by a lower USDJPY which hit fresh 17 month lows around 170.6 before staging another modest rebound and halting a six-day run of gains; China bounced after a slightly disappointing CPI print gave hope there is more space for the PBOC to ease; European equities rose, led by Italian banks which surged ahead of a meeting to discuss the rescue of various insolvent Italian banks, while mining stocks jumped buoyed by rising metal prices with signs of a pick-up in Chinese industrial demand.

CEO Keith Neumeyer: "There's Going To Be A Major Revolt If We See Negative Rates"

Submitted by Mac Slabo of SHFTPlan.com

CEO Keith Neumeyer Warns: "There’s Going To Be a Major Revolt… We’re Going To See Riots"

With negative interest rates now the order of the day in much of the Western world, it’s only a matter of time before financial institutions start charging American depositors for the privilege of keeping their money safe in the U.S. banking system.

Charity for Francis!

I am not a Roman Catholic — I am not even what is usually called an Anglo-Catholic — but I do think of myself as a Catholic Christian in the Anglican tradition. And if you can’t figure that one out …my apologies. One day I’ll explain myself. I mention all this now only in order to explain that while I am not an insider to the kerfuffle over Pope Francis’s new apostolic exhortation, I am not altogether an outsider either.

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