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Frontrunning: March 4

  • Rivals rip Trump but promise support if he is the nominee (Reuters)
  • Employment gains seen accelerating in February (Reuters)
  • Brazil's Lula Targeted in Police Raid Into Corruption Scandal (BBG)
  • Economist: For The ECB, It's No Longer About Oil (BBG)
  • China's premier says economy faces greater difficulties in 2016 (Reuters)
  • Copper Stockpiles in China Surge to Record as Metal Flows East (BBG)
  • Turkish court jails two Syrians over drowning of toddler Aylan (Reuters)

Futures Flat Ahead Of Payrolls As Gold Continues Surge After Entering Bull Market

Futures Flat Ahead Of Payrolls As Gold Continues Surge After Entering Bull Market

There is an odd feeling of Deja QEu this morning, when with two hours to go until the February payrolls, global stocks are modestly higher, US equity futures are likewise slightly higher on the back of a weaker dollar (or perhaps stronger Euro following a Market News report according to which the ECB may disappoint, more on that shortly), but it is gold that is breaking out, and after entering a bull market yesterday when it rallied 20% from its December lows...

 

The Stupid Things People Do When Their Society Breaks Down

Submitted by Brandon Smith via Alt-Market.com,

A frequent mistake that many people make when considering the concept of social or economic collapse is to imagine how people and groups will behave tomorrow based on how people behave today. It is, though, extremely difficult to predict human behavior in the face of terminal chaos. What we might expect, or what Hollywood fantasy might showcase for entertainment purposes, may not be what actually happens when society breaks down.

Experts: “Eject Turkey From NATO Now”, As Ankara Provokes War With Russia

Experts are calling on NATO to eject Turkey from its membership over fears that Turkish authorities are deliberately trying to provoke a war with Russia.  New York Post writer Benny Anvi warns that NATO’s very existence is under threat due to Turkey’s continual provocations: “Can anyone envision America — or anyone else in the alliance — rushing to Turkey’s aid in a military confrontation with Russia?” Anvi asks.

Robert F Kennedy Jr. Says The U.S. Wants To Overthrow Syrian Govt

Robert F Kennedy Jr. has  said that most Americans are unaware that Washington aims to overthrow the democratically elected Syrian government. RFK Jr, a US attorney and nephew of the late US President John F Kennedy, wrote that the US decided to remove Syrian President Bashar al-Assad from power after he refused to back a Qatari gas pipeline project. Sputnik news reports: The CIA went ahead with this plan after the multi-billion dollar pipeline project first surfaced in 2000, years before the Arab Spring uprising in Syria took place.

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