Threatening to destabilize the tentative improvement in Sino-US relations achieved in recent days following Trump's recent concession over the "One China" policy, was the US deployment of the aircraft carrier USS Carl Vinson (CVN-70) to the disputed waters of the South China Sea on Saturday as part of maritime "routine operations", according to an announcement posted on the Vinson's Facebook page.
Child rapist Roman Polanski says he plans to return to the United States as long as the government assures him that he will not have to serve jail time for his crimes. The award-winning director has asked the U.S. government, via his attorney Harland Braun, to confirm that he will not have to serve prison time for unlawfully having sex with a 13-year-old girl in 1977. Yahoo News reports: Braun has written to Los Angeles County Superior Court judge Scott Gordon to unseal a secret transcript of the testimony of the prosecutor in the Polanski case, which he believes will confirm the deal.
Goldman Sachs really wants the market lower.
Submitted by Nick Giambruno via InternationalMan.com,
On August 15, 1971, President Nixon killed the last remnants of the gold standard.
It was one of the most significant events in US history—on par with the 1929 stock market crash, JFK’s assassination, or the 9/11 attacks. Yet most people know nothing about it.
Here’s what happened…
After World War 2, the US had the largest gold reserves in the world, by far. Along with winning the war, this let the US reconstruct the global monetary system around the dollar.
Two weeks ago, Goldman analysts were stunned when they noted that in recent weeks gasoline demand in the US has collapsed to levels that suggest not all is well with the economy. In fact, as the bank's oil expert Damien Courvalin said "to achieve the 5.9% decline suggested by the weekly data, our model requires PCE to contract 6%, in other words, a recession."