United States

Deception Inside Deception: The Alleged Sarin Gas Attack

Paul Craig Roberts

Seymour Hersh, America’s most famous investigative reporter, has become persona non grata in the American Propaganda Ministry that poses as a news media but only serves to protect the US government’s war lies. Among his many triumphs Hersh exposed the American My Lai massacre in Vietnam and the Abu Ghraib torture prison run by the Americans in Iraq. Today his investigative reports have to be published in the London Review of Books or in the German Media.

Last week saw US crude production decline by the most since Aug 2016 (perhaps affected by 'Cindy') and given the lagged response to WTI prices, many expected the oil rig count to drop this week. As WTI heads for its 7th up-day in a row - the longest streak in 6 months - it is supported as the US oil rig count dropped 2 to 756, the first drop in almost 6 months.

Authored by Robert Huebscher via AdvisorPerspectives.com,

Robert L. Rodriguez was the former portfolio manager of the small/mid-cap absolute-value strategy (including FPA Capital Fund, Inc.) and the absolute-fixed-income strategy (including FPA New Income, Inc.) and a former managing partner at FPA, a Los Angeles-based asset manager. He retired at the end of 2016, following more than 33 years of service.

 

Via Global Macro Monitor,

On Tuesday,  June 27th,  Super Mario said this,

“Deflationary forces have been replaced by reflationary ones.”  – Mario Draghi

And here is how global 10-year bond yields reacted,

The German 10-year Bund yield increased 77 percent — OK, from a low base —  and bonds across the world from Canada to Australia to the United States were tattooed.

Change In Fundamentals?

Absolutely not!

One day after the US announced it would sell $1.42 billion in weapons to China's offshore nemesis Taiwan, Beijing lashed out at the United States, saying it was "outraged" and demanded the US revoke immediately its "wrong decision", saying it contradicted a "consensus" President Xi Jinping reached with his counterpart, Donald Trump, in talks in April in Florida.

The proposed U.S. package for Taiwan includes technical support for early warning radar, high speed anti-radiation missiles, torpedoes and missile components.