Zephyr Global Report, 12/7/2012


-Bohener/Pelosi Report Mexican Standoff as Obama is out collecting Corporate Loot from Goldman Sachs, et al for his inaugural coke and man-whore fest.

- Budget talks said to have resume between White House and Boehner staff

Asia Development Bank trimmed its 2012 and 2013 Asia GDP to 6.0% and 6.6% respectively

-Shanghai Composite Surges 1.6 pc, best gain in several months

- USA 146,000 jobs added, unemployment rate down to 7.7% as labor pool shrinks

-FED Continues Balance Sheet Sterilization

-Bundesbank Slashes 2013 German Growth Forecast to 0.4%

-Japan Authorizes SDF To Intercept North Korean Rocket and has 7.4 Quake offshore with 1 meter Tsuami warning





 Titus (1:13-14) :

“This witness is true. Wherefore rebuke them sharply, that they may be sound in faith; Not giving heed to Jewish fables, and commandments of men, that turn from the truth.”

We give no heed to Jewish fables at the ZGR, Pearl Harbor, 911, WW1 and WW2, our Civil War or market fables like the APPL story the Jews are painting the tape with at Zionist Hedge and the London Jew gang.



4:04 p.m. EST 12/07/12Major Stock Indexes
Last Change % Chg
DJIA* 13155.13 81.09 0.62
Nasdaq* 2978.04 -11.23 -0.38
S&P 500* 1418.08 4.14 0.29
DJ Total Stock Market* 14706.77 39.02 0.27
Russell 2000 822.04 0.25 0.03
Global Dow 1955.62 2.41 0.12
Japan: Nikkei Average* 9527.39 -17.77 -0.19
Stoxx Europe 600* 279.17 0.35 0.13
UK: FTSE 100* 5914.40 12.98 0.22
4:03 p.m. EST 12/07/12Treasurys
Price Chg Yield %
2-Year Note 0/32 0.250
10-Year Note -12/32 1.631
* at close
3:54 p.m. EST 12/07/12Futures
Last Change Settle
Crude Oil 86.08 -0.18 86.26
Gold 1705.2 3.4 1705.5
E-mini Dow 13136 73 13063
E-mini S&P 500 1416.75 3.75 1413.00
4:04 p.m. EST 12/07/12Currencies
Last (mid) Prior Day †
Japanese Yen (USD/JPY) 82.43 82.39
Euro (EUR/USD)


AAPL – $ 533.00

 Change -0.12 -0.02%

Volume 25.77m

Dec 7, 2012 4:00 p.m.

Big naked short out of London with full support of the media and analysts. Stephanie Rude of BBN-TV called the bottom with her ‘AAPL ‘ is going to $300 literally to the minute. I bought the Close. A bunch of smart tyler rothschilds painting  the death cross. I have never seen that work in a bull stock. Not that we could not go down and make a triple bottom at 515 on Monday. Samsung may be squeezing APPL supply line but they have not preannounced yet. I know a guy who used to  and talk to Jobs about moving his chips to a better fab than Samsung, but it was always about profit, his and not a partnership. I will bet he wishes he was at TSMC or INTEL or LSI or Sony or NEC and had Kept TI in the cell phone chipset. I will never buy anything from Korea, except some KimChee or moon cakes or something like that. Koreans are very, very ungrateful for what America has allowed them to steal from the USA, Auto designs, to Oil rigs designs, to semiconductor processes and technology. Koreans have nearly 500 billion in USA dollars/bonds. That is a stupid deal for all the American steel, semiconductor, car and computer design jobs Korea has stolen from the USA. The Japanese at least play relatively fair with the USA wrt to trade and are  very loyal people. We in the USA should do more for the Japanese, like sending our US Naval research lab guys in to put Fukushima to rest and decontaminate their people. Given the Japanese nuclear power is was about giving your 16 your son a new car, a date with a playboy bunny, and liter of Jack Daniels and telling him to have a good time and forgetting to give him a condom at least.  The Japanese were not technologically advanced enough to handle nuclear reactors. The French were sophisticated enough to give reactor technology to, the English are not.


-1550 I sold the last of my DIA long and selling short into the close.


-Well, well the Syrian rebels managed to grab some oil fields. At least we know what they are fighting for now. Greed!!

- 1449 APPL is coming back from the margin call, naked short debacle. Hopefully the bulls will stuff the shorts and force them to cover at the close. I would not want to be a naked short over the weekend with the possibility of a 10 dollar one time dividend, if we get it. Come on APPL, pay up. I’m tired of waiting. Today is the day right here and now to pay someone besides that over paid hack Cook. Pay up Cook you tightwad. I want my Christmas Dividend by Monday!!

-Russian President Putin launches construction of Gazprom’s mammoth pipeline


Go Russia, Americans love you. Let us never, ever go to war, except together!! God bless the wonderful Russian people whom I so deeply love!! God Bless and Keep Putin from the satanic hands of Goldman Sachs!!! God give Goldman Sachs what they deserve for Christmas.

- US extends waivers to Iran sanctions for 180 days to China, India and 7 other economies congressional aide. Reuters wire…

-Berlusconi’s party promise not to push Italy into crisis


Ha, ha it is in crisis Monti put it in. Italy is in recession spiral, exactly as Berlusconi said. France entered that as well last night. Interesting we are watching the EU implode in slow motion and only the ZGR is commenting about it. I kind of like Berlusconi, he tried to help his kin Al Quaddafi and they say he has a very, very low opinion of the English. What was his comment to Cameron and the gang, oh, yes, ‘at least I like women’. ..if you”re English you have, so, so much blood upon your head. So much. I’m glad no Anglosaxon blood flows through my veins. Thank you Jesus I was not born to England and that I am not part of the Anglosaxon-masons destroying this country and its fine people. Americans repent, or we are all doomed along with the English and the Jews!!!

-Lets End the Anglo-Zionist Lies about Pearl Harbor, the So Called Holocaust and 911..

Sad the only Publication that would dare print this is Hustler Magazine. No link for obvious reasons. In any event you can read Kennedy’s book, ‘Freedom from Fear’ the historian from Stanford and what he uncovered lines up just about with this. That is what the Pentagram and whitehouse won’t allow the PH records to be released. England engineered it all. Elizabeth’s father and Rothschilds and Bernard Baruch, FDR’s handler. Shove the ‘King’s Speech’ up your you know what English.


What you’re about to read will amaze and astound you. More than 40 years after Japan’s cowardly sneak attack on Pearl Harbor, HUSTLER has uncovered unquestionable factual evidence that President Franklin Delano Roosevelt knew almost to the hour when the Japanese assault would begin – and deliberately did nothing to prevent it. In fact, he had been working on his celebrated “Date Which Will Live in Infamy” speech several days before swarms of Jap bombers and fighter planes demolished the U.S. fleet and killed in excess of 2,400 American citizens. Now, for the first time, HUSTLER reveals the incredibly sordid story of how our 32nd President sold his country down the river.

There was an eerie calm over Hawaii that morning. Perhaps it was a silent warning of what was to come. On every prior Sunday, for nearly two months, U.S. Navy carrier-based fliers posing as enemy aviators had conducted mock bombing raids while Army antiaircraft batteries directed simulated fire in defense of the island. Just a week earlier the sky over Oahu has resembled a three-ring circus as Navy planes circled, dove and buzzed the decks of the mighty Pacific Fleet’s warships lying in anchor at Pearl Harbor.

But Sunday, December 7, 1941, was different. With just a few exceptions nearly all the Navy’s and the Army’s aircraft were on the ground. No army gunners were ready at their posts. Not a single Navy reconnaissance plane was in the air. Instead, the fighters, bombers, patrol planes, transports and trainers were carefully lined up on runway aprons – wing to wing, tip to tip, in perfect target position.

The sailors of the fleet were also unaware that the clear blue sky above would soon begin raining death and destruction on their gently lolling ships. Except for the carriers Enterprise and Lexington – which were at sea along with a few heavy cruisers and destroyers – virtually the entire Pacific Fleet was in the harbor.

Curiously, though the USS Ward reported sinking a submarine in the prohibited area off Pearl at 6:45 a.m., no alert was sounded. Instead, each vessel’s crew routinely prepared for Sunday religious services.

Aboard the battlewagon USS Arizona the members of the band were excused from performing at morning muster since they had won second place in a contest the night before. They snoozed contentedly, little knowing that their bunks would soon become their eternal resting place and the ship their tomb.

At 7:50 a.m. swarms of Japanese planes swept over the island. From the north, bombers roared over the Army’s Schofield Barracks and past Wheeler Field toward the fleet. Another force came from the east, attacking Kaneohe Field, then Bellows Field and on to the harbor. From the south a third group of planes pock-marked Hickam Air Field with bomb craters and ignited a chain of exploding U.S. planes before continuing toward the helplessly moored warships.


In rapid succession the battleship USS Utah and the light cruiser USSRaleigh were struck by torpedoes from the diving Japanese planes. A single torpedo crippled both the Oglala and the Helena. Moments later an 1,800-pound bomb penetrated the Arizona‘s deck and ignited fuel and ammunition caches below, sending more than a thousand sailors and Marines aboard her to a watery grave.

Wave after wave of Japanese planes descended on the harbor, bombing, strafing and torpedoing their targets. By 11 a.m. the attack was over; only the flotsam and jetsam of a once-mighty fleet was left bobbing in its wake.

A terrible price in lives and equipment had been paid. More than 2,400 men were killed outright or died of their wounds soon after. Another 1,178 were wounded. A total of 18 vessels – eight battleships, three light cruisers, three destroyers and four auxiliary ships – were either sunk or knocked out of commission. Eighty-seven naval aircraft were also destroyed along with 77 Army planes.

Equally devastating, the pride of the U.S. Navy also sank that morning. By contrast, the Japanese lost only 29 planes, one attack submarine and five midget subs in their daring raid.

As news about the attack flashed across the nation, Americans reacted with shock, fear and then rage and anger. Yet, as emotions calmed, the inevitable questions were raised.

How could the Japanese fleet sail across the Pacific without detection? Where did Japan obtain the detailed information about the deployment of U.S. forces on Oahu? Why were our ships and planes lined up so neatly together, inviting attack? How could our fighting forces be caught so off-guard? How could they be taken so totally by surprise?

Today, more than four decades later, some of those questions can now be answered. Most of the players in the tragic drama staged at Pearl Harbor are dead now, their terrible secrets taken with them to the grave. There is little owed to them. A far greater debt must be paid to historical truth.

Within hours of the attack on Pearl Harbor, President Franklin Delano Roosevelt was hand-correcting a speech he planned to deliver the next evening before a joint session of Congress. That draft is among my most prized possessions. In faded pencil, is the unmistakable scrawl of Roosevelt, inserting a word there, a phrase there.

The next day, the third-term President gave one of his best-remembered addresses. In his lilting, sing-song cadence, Roosevelt called the grieving nation to arms. He labeled December 7, 1941, as “a date which will live in infamy.” His words were so carefully crafted and eloquent, it was difficult to believe he had managed to compose them in the haste and confusion following the attack.

In fact, the treachery of our nation’s leader rivaled that of the Japanese. Roosevelt had labored on the speech for days. He knew well in advance that the Japanese were planning a sneak attack. He knew to the day, almost to the hour, when the assault on Pearl Harbor would begin. December 7, 1941, held no surprises for Roosevelt, nor for me.

A full week earlier, on November 29, I learned about the impending attack from an unlikely source – Cordell Hull, Roosevelt’s own secretary of state. To put the matter into proper perspective, I should explain how and why Hull came to entrust me with the terrible secret of Pearl Harbor.

I arrived in Washington, D.C., on the same train that carried President-elect Roosevelt in March 1933. Though I was only 22 at the time, I moved comfortably within the ranks of movers and shakers who were soon to inherit the reins of government.

My credentials among the Roosevelt crowd were impeccable. I had organized the first Roosevelt for President Club three years earlier in my hometown of South Bend, Indiana, while FDR himself was still running for reelection as governor of New York. By the end of 1930 I was directing active clubs in 21 states.

Prior to the Democratic National Convention of 1932 I convinced House Speaker John Nance Garner to issue public statements that he was not a candidate for the Presidency, and helped head off the “Stop Roosevelt” bloc within the party. As sort of a thank-you, Democratic National Committee Chairman Jim Farley arranged a brief visit with Roosevelt at the governor’s mansion in Albany. At a private meeting with FDR following his victorious election he suggested I select a post in his administration and submit my application directly to him after the Inaugural on March 4, 1933.

Though I had proven my political savvy during the long Roosevelt Presidential campaign, I knew little about the machinery of the government itself. I was caught on the horns of a dilemma. Here I was, presented with an opportunity to pick nearly any job in the administration I desired short of a Cabinet post, and I couldn’t decide. I wanted a job where I could meet people and rub shoulders with the power-brokers, something in public relations.

Finally, a few weeks after he formally took office, I wrote to Roosevelt and asked for an appointment as chief of the passport division under the jurisdiction of the newly appointed secretary of state, Tennessee Senator Cordell Hull. By March 27, Louie Howe, Roosevelt’s closest confidant, had forwarded my request to the State Department, and within a few days Hull himself telephoned to suggest I drop by his office.

Tall and distinguished, with thick-tufted brows poised above kindly eyes, Cordell Hull cut an imposing figure. He had the carriage and bearing of a king; yet he never forgot his Tennessee hill-country origins.

With a sincere twinge of sorrow in his voice Hull explained that the job I sought was held by a career civil servant who could not legally be removed, and asked whether I would be interested in an appointment as special assistant to the woman who currently held the post. After considering his offer for a few days, I thanked Hull for his time and attention but declined the position. The papers were full of rumors of sex scandals within the State Department, and I decided that that agency probably shouldn’t serve as my initiation into government service. My meetings with Hull, however, began a cordial, respectful relationship that was to last throughout his nearly 12 years as secretary of state.

Over the next few years I moved through several of the “alphabet soup” agencies President Roosevelt created to focus government attention on the nation’s depressed economy. At the National Recovery Administration I managed to obtain the participation of the Du Pont Corporation in the NRA’s work. But soon I recognized that the restrictive codes and regulations imposed by the administration were driving small Mom-and-Pop businesses into bankruptcy and launching chains of conglomerates that changed the very face of American retailing.

Next I began handling complaints for the Agriculture Adjustment Administration (AAA) until I witnessed the deliberate slaughter of hogs to keep pork production down. While millions of families starved and begged for food, the government was directing the destruction of crops, dairy products and animals to prop up prices!

I resigned in protest and took a post in the Treasury Department, which wasn’t much of an improvement. As chief of correspondence of the emergency-accounts section in the department’s procurement division, I could watch from a front-row seat while tax dollars were squandered on outrageous programs and federal agencies paid exorbitant sums for equipment that could have been purchased at half the price on the open market.

I argued until I was blue in the face, but it was all to no avail. The fix was in. I finally figured that government service was not for me.

Over the next months I began working as a freelance writer for the New York Herald-Tribune, the Pittsburgh Press and the Paul Block newspaper chain, among others. I also worked for a number of congressmen, writing speeches, handling their public relations and investigating issues.

Meanwhile, Roosevelt was finding that his smooth-sailing ship of state had run into some rough water. The Supreme Court declared both the NRA and the AAA unconstitutional and challenged other parts of Roosevelt’s New Deal program.

Roosevelt, of course, fought back. He began behind-the-scenes maneuvers to purge members of the Senate who opposed his pet projects, and blatantly tried to pack the Supreme Court with justices who would be subservient to his whims. For me that was the last straw. I publicly broke with the President and began directing my efforts against his tyrannical plans.

At the height of the controversy I wrote to Supreme Court Justice James C. McReynolds and questioned him about the rumors circulating in the capital that he intended to retire. McReynolds advised me in his reply to “disregard” all the talk about his resignation, and I leaked the text of the letter to my friend Lyle Wilson, Washington bureau chief of United Press. The story put a damper on Roosevelt’s court-packing plan and spelled defeat for his judicial reorganization proposal in Congress.

Only nine months after FDR took the oath of office for his second term as President, I continued my assault by revealing in the New York Herald-Tribune on October 31, 1937, that Roosevelt was hoping for a war in Europe so that he could sidestep the Constitutional provision limiting a President to eight years in office and seek an unprecedented third term. The story was later reprinted in full in the Congressional Record, only weeks before the election in 1940.

Of course, my organizing activities against Roosevelt earned me his undying hatred, just as my efforts in his behalf a decade earlier had won his friendship. But it was clear he had become a demagogue and wanted to be a sort of king or a president-for-life. I was not alone in that assessment, and my opposition to a third term for Roosevelt also gained for me the fellowship of many politicians and even the grudging admiration of one of Roosevelt’s own Cabinet secretaries, Cordell Hull.

For decades Hull had toiled in service to the nation. He volunteered for duty in Cuba during the Spanish-American War, and upon his return he rode the Tennessee hills as a circuit judge. He was elected to Congress in 1907, and he remained there until Roosevelt beckoned him in 1933.

Between 1921 and 1924 he had paid his political dues serving as chairman of the Democratic National Committee. As secretary of state, he suffered in silence while Roosevelt used Undersecretary Sumner Welles – a closet bisexual – to direct foreign policy from the White House, undercutting Hull at every turn.

At first, Hull had ample reason to be patient. He wanted to be President and told me later that Roosevelt had secretly promised Hull not to seek reelection to a third term. Roosevelt, Hull claimed, had even vowed to support him for the Democratic nomination. But unknown to Hull at the time, FDR had made the same guarantee to a score of others.

Months went by – crucial organizing months – while Roosevelt refused to discuss the issue of a third term publicly. Finally, when FDR made his move, Hull realized he had been betrayed. By the time Roosevelt’s third term ended in 1944, Hull would be 72 – too old, he figured, for a tough race for the White House.

Early in 1941 I came upon some incredible information that, if true, could have badly tarnished Hull’s shining political image. Remembering his personal kindness years before, I wrote to the secretary of state and requested a private audience.

Independently, I managed to confirm the gist of the story that concerted events dating back to the beginnings of Hull’s career in public life. My intention was merely to get a statement from the secretary of state and then publish the story. In a series of meetings over the following weeks Hull acknowledged the truth of what I had discovered.

The scene of our meeting in Hull’s office is still etched deeply in my memory: the courtly secretary of state, hunched over in despair, sobbing and pleading with me to keep the story secret. As Hull related to me the difficult circumstances Roosevelt had placed him in, I began to understand the sorrow and anguish he had suffered. He’d had enough, I decided. I promised Hull never to reveal the information I had obtained, and I have kept that confidence to this day.

Hull told me he never forgave Roosevelt for double-crossing him in 1939; yet he remained in office, cautiously and carefully tying to hold together the fabric of U.S. foreign policy. Hull knew he was the only man in the New Deal Cabinet who had the power and stature to blow the whistle on Roosevelt’s chicanery. But he remained a loyalist for the good of the nation. It was clear that war clouds were on the horizon and that a political crisis in the United States could only benefit the enemies of democracy.

It was in this volatile and uncertain atmosphere that Cordell Hull telephoned me early on Saturday, November 29, 1941, and asked me to see him in person as soon as possible. He wanted to discuss a matter of extreme importance with me, and it was a subject of such sensitivity, it could not be talked about on the phone. There was an obvious note of urgency in his high-pitched voice, and I quickly agreed.

We met outside the State Department (then housed in what is now known as the Old Executive Office Building next door to the White House), and after exchanging brief hellos, walked briskly across the street to Lafayette Park. As we sat on a bench, Hull was fidgeting nervously, betraying the emotions usually masked by his cool demeanor. Suddenly, he burst into tears, and his lanky figure shuddered.

I resisted an impulse to drape my arm around his shoulder and waited patiently for him to regain his composure. Sucking in great gasps of air, Hull began to talk. His words came slowly at first and then fairly streamed from his mouth. It was as if he could barely wait to pronounce them he was so anxious to tell the story.

I could only sit in startled silence as Hull told me Japan was going to attack Pearl Harbor within a few days, and pulled from his inside coat pocket a transcript of Japanese radio intercepts detailing the plan. Recovering from my shock, I began to question him.

“Why are you telling me this?” I blurted out. “Why don’t you hold a press conference and issue a warning?”

“I don’t know anyone else I can trust,” he replied, shaking his head. “I’ve confided in some of your colleagues in the past, but they’ve always gotten me into hot water. You’ve had the goods on me for months; yet you’ve kept your promise not to publish them. You’re the only one I can turn to.”

“Does the President know the Japs are going to attack Pearl Harbor?”

“Of course he does. He’s fully aware of the plans. So is Hoover at the FBI. Roosevelt and I got into a terrible argument, but he refuses to do anything about it. He wants us in this war, and an attack in Hawaii will give him just the opportunity. That’s why I can’t hold a press conference. I’d be denounced by the White House. No one would believe me!”

(Hull’s allegations about FBI complicity in the coverup were confirmed more than a month after Pearl Harbor. A bylined article by United Press reporter Fred Mullen in the Washington Times-Herald declared, “FBI Told Army Japs Planned Honolulu Raid.” The article explained that the bureau had intercepted a radio-telephone conversation on December 5, which mentioned details of the planned raid. Within hours of publication Hoover pressured the newspaper into pulling the story from its later editions.)

After exacting a promise from me never to reveal where I got the document, Hull gave me a transcript of the Japanese message intercepts. I nearly ran the few short blocks to the National Press Building on 14th Street, where I had an office. I took the elevator up to the United Press bureau and brushed past the clerks and reporters into Lyle Wilson’s private office.

Wilson was a longtime friend who had used many of my stories in the past. He was also a chum of Steve Early, Roosevelt’s press secretary; so I swore him to secrecy before I would reveal the purpose of my visit.

I told Wilson I had just left a high governmental official who gave me unimpeachable evidence that Pearl Harbor was about to be attacked and that Roosevelt knew all about it. Wilson was incredulous. He told me my story was simply unbelievable and refused to put it on the United Press wire. Again I made Wilson swear an oath that he would not divulge what I had told him, and I hurried out of his office.

After a frantic series of calls I finally located Harry Frantz, until recently the cable editor of United Press. Harry still had excellent connections at the bureau, and he managed to transmit the story on the UP foreign cable – but not the syndicate’s main trunk line.

Though written in haste, the story as it left Washington contained all the important details of what Hull had confided to me earlier that morning. Yet, somehow, the text was garbled in transmission.

The only newspaper in the whole world to use any portion of the story was the Honolulu Advertiser. A front-page banner headline in the paper the morning of Sunday, November 30, “JAPANESE MAY ATTACK OVER WEEKEND!” A subhead noted, “Hawaii Troops Alerted”.

Suspiciously, the story didn’t mention that the target of the Japanese attack would be Pearl Harbor itself. The horrible cost paid for that simple omission is well-known.

The gloomy news of the calamity at Pearl Harbor descended on Washington like a pall. A couple of days later Lyle Wilson phoned and asked me to come to the bureau. As I walked into his private office, he handed me Roosevelt’s personally edited press release about the “surprise offensive,” saying simply, “I want you to have this.”

“Why are you giving this to me?” I inquired. “It will probably be recorded as the most famous speech Roosevelt ever gave!”

“Steve Early gave it to me,” he replied. “You see, I told him I knew about the attack and didn’t use the story. It was Early’s way of saying thanks. I muffed the most important story of my career. We might have saved thousands of lives.”

Wilson slumped behind his desk and buried his face in his hands. Clutching FDR’s press release, I sat in an empty chair and wept.


-1332 Selling some DIA long here and exposing the short. That will be the final trading theme for the day. Thanks for the vol today. It was great Boehner and P. Lousy and you whores on Wall Street. Thanks to the naked short in London for so telegraphing their moves in APPL. I’m hoping for a big dividend announcement in APPL over the weekend. Here is to you English getting what you deserve for your piracy. Get out of Ireland and the USA you English thugs and take your Jewish banksters with you. Down with England. Down with the Crown. Down with the English people if they won’t repent and all their evil Gypsy kin!!! Give the sodomy and whores a break you thugs in England. Give the booze a break for once. Repent English.

-MI6 told to snuff out Kate Goldsmiths Nurse? As Nurse ‘suicides’

You watch these Aussie clowns that precipitated all of this will be next. I predict a car accident for the guy and girl ODs. To be frank, I’m praying for a miscarriage  as the Child(eren, since its probably twins, they engineered, ) is no doubt, GMO with a 700 year life span and that will be the sound for the Bloody Crown to start WW3. Count on that. All the technology is in place with the gene splicers, and they know the genes that set the lifespan and how to modify them so why not. Elizabeth was the first English royal from a test tube that I know and England is far advanced in life sciences, the only thing they seem to do well in England as it so well funded. Since evil Liz was cooked up in test tube, way back when can you imagine what the boys at Oxbridge have done with this one? Whose seed is she really carrying, nate rothschilds, prince phillip, or Lucifer? that is the only question I have. That virtually everyone in England worships Rothschilds and the Windsors, it tells you the English are an evil, evil, and wicked people. I had hopes the GMO engineering would have been screwed up and she would have miscarried but no such luck. One of the most evil men of the 20 th century Bernard Baruch who got the USA into WW2 and who effectively ran that war from his WS perch, well he was so , so evil the Lord blessed us and all three of his kids were turned over to sodomy and his seed was cut off from the face of the earth. It is time for the Windsors and Rothschilds to stop having Children. They are simply too, too evil. Royals want to control everyone else rights  to ‘breed’ and they are the ones that should not be allowed to breed at all.



-1251 There is the interday  reversal in AAPL, I think. AAPL was hit by brokers conveniently issuing margin calls today and yesterday, funny how that coincided with all the bad press. BBN has the death cross, shorts on just as the market reversed. Some clown called for 300 dollars. I do have a hard stop on my APPL in the event that the fiscal cliff sell starts or APPL preannounces, but the hope here is after the margin call that helped GS today, the bulls will run it for Christmas. APPL has major supplier issues with Samsung. Still you buy APPL for its SW excellence and marketing. I’m an APPL trader, not an APPL bull but I won’t short AAPL, it just has no competitors right now. A war in North Korea would be fantastic for APPL. North Korea knows where the Samsung factories are and how important they are to S. Korea. Samsung that is a company of Savages. I have met their management team before. Only currency rigging and massive defense subsidies from the USA and shameless IP theft keep them in Business. Korean firms are even more slimy than Shanghai firms. I would never buy a Korean firm. They don’t create, they copy and undercut prices through manipulation. You’re a loser if you own a Samsung phone.

-Another Stunning lie from the Anglozionists

“For four years we’ve been running a marathon at a sprint pace.” Mary Schapiro on her SEC tenure


Despicable evil Witch, get out. Go back to your job as Lobby-whore for the banks. You and your  Corporate whore Husband.  Evil personified. Not even crooked, just sheer evil, and mendacity and corruption.  Harvard Jew Lawyers. Twin of Meg Whitman, who looks exactly like Queen Victoria. Whores, whores, whores and more whores from British-Israel. Really I look at her as enabler of financial terrorism. Shes right up there with Harvey Pitt and Chris Cox the other harvard, anglo-whore bluebloods. Right up there. Levitt was the last barely acceptable SEC head. At least we  got FD out of him after a big, big fight with WS.

Her political -whore boss..

Breaking: Obama will accept unlimited corporate donations for his inauguration in January, according to two sources close to the planning

-Anglo-Zionist Hater Shillary backs English Terrorism and Occupation of Ireland

Hillary Clinton has condemned an outbreak of sectarian violence in Northern Ireland.Making one of her last foreign trips as the US Secretary of State, Clinton stressed it was important to support the British province’s fragile peace.“Peace does take sacrifice and compromise and vigilance day after day. We’ve seen that again this week that the work is not complete because we have seen violence break out again,” Clinton told a news conference she held with First Minister Peter Robinson and his deputy, formerIRA leader Martin McGuinness.Her visits comes amid an upsurge of violence this week. Only last night, police in Londonderry arrested four men after discovering bomb-making material in a car.Elsewhere a riot erupted when a policeman was hurt after protestors hurled missiles in protest against nationalist councillors who voted to remove the British flag from Belfast City Hall.


-Blame Game..The Jews play it well.

Rep Pelosi: Economy Would Be Growing Faster if GOP Passed Middle-Class Tax Cuts; Not Even Sen McConnell Has Endorsed House GOP Plan

-1213 She’s done, I’m flat the DIA again and will finally exit and sell the long side of the spread at the market close and probably buy more of a short and carry the short over the weekend.

-1209 Evil Jewish Witch Pelosi is talking. Just BS, highlighting the difference. I dumped my DIA long before she spoke, whew!!

-Too bad the government employees hacked my blog minutes before the Jobs report. I was going to tell  you to load up long on the DIA. These guys in our government are such criminals you can guess what they are going to do. I would not have put out the APPL long though ahead of the jobs as the big london devils minions are the naked shorts in that stock.  Trying to force that death store.

-Evil Jew Krugman or Delusional Jew Krugman, ‘no fiscal crisis’ in USA..ha, ha.

The NYT should pay you to read their Jewish propaganda. Ha, ha, this made my weekend. And this Shylock is advising Obama.



-Im continuing to buy APPL at 533. The naked shorts expose themselves to a big dividend announcement over the weekend.

-Europe Close

The bloom came off the European rose today with France’s exploding deficit, the UK manufacturing tanking, and the Bundesbank finally having to give up the fantasy that Germany was some how ‘special’. The Bundesbank as we guessed  yesterday kept Draghi from lowering rates. I have good sources in gold and have confirmed it was the boys in Europe helping to hold gold down. The Italians are trying to put on a brave face, but the Jewish Napoleon, Berlusconi is back from Elba. Egypt is on the cusp of a civil war. The ghouls from England are looking to murder Dr. Assad, ASAP, the UN has fled Syria, meaning the really heavy fighting will start. Putin was probably bribed to not get involved by his ‘advisers’, from the Golden named firm. I sold some more bunds short today and booked some profit in the Euro/dollar short.

Country: Index Last Change % Chg
Europe Dow 1622.76 -5.34 -0.33
Stoxx Europe 50 2582.73 1.27 0.05
Stoxx Europe 600 279.03 0.21 0.08
Euro Stoxx 50 2599.59 -3.82 -0.15
Euro Stoxx 257.32 -0.31 -0.12
Austria: ATX Index 2332.33 -7.72 -0.33
Belgium: Bel-20 2422.31 5.24 0.22
Denmark: OMX Copenhagen 20* 498.57 1.49 0.30
Estonia: OMX Tallinn* 686.63 6.85 1.01
Finland: OMX Helsinki* 5832.53 55.27 0.96
France: CAC 40* 3602.65 1.00 0.03
Germany: DAX* 7509.18 -25.36 -0.34
Greece: Athens General* 840.73 9.03 1.09
Greece: DJ Greece TSM* 653.86 2.73 0.42
Greece: FTSE/ATHEX 20* 292.89 1.00 0.34
Iceland: OMX Iceland All-Share* 646.93 0.76 0.12
Ireland: ISEQ Overall * 3341.46 1.14 0.03
Italy: FTSE MIB 15699.22 -136.00 -0.86
Latvia: OMX Riga* 389.81 4.49 1.17
Lithuania: OMX Vilnius* 350.78 1.19 0.34
Netherlands: AEX* 342.23 0.94 0.28
Norway: OSE All-Share* 485.00 -0.90 -0.19
Portugal: PSI 20 5421.93 24.57 0.46
Russia: DJ Russia Titans* 6103.49 -17.98 -0.29
Spain: IBEX 35* 7849.80 -61.00 -0.77
Sweden: OMX Stockholm* 341.15 -0.10 -0.03
Switzerland: Swiss Market* 6925.25 13.23 0.19
UK: FTSE 100* 5910.54 9.12 0.15
UK: FTSE 250* 12173.33 24.10 0.20
UK: FTSE AIM All-Share* 686.83 -3.02 -0.44



German 10y

Italy 10yr

4.49,-0.04, 0.99%
Spain 10yr

5.45+0.00,- 0.07%
U.K. 10yr


Gold 1701.95 +0.15 +0.01%
Silver 33.045 -0.069 -0.21%
Copper 3.668 +0.023 +0.64%
Crude Oil 86.04 -0.22 -0.26%
Natural Gas 3.634 -0.033 -0.89%
US Cotton No.2 73.63 +0.08 +0.11%
US Coffee C 154.90 +4.33 +2.87%


EUR/USD 1.2947 -0.0023 -0.18%
GBP/USD 1.6038 -0.0013 -0.08%
USD/JPY 82.35 -0.06 -0.07%
USD/CHF 0.9333 +0.0009 +0.10%
AUD/USD 1.0493 +0.0005 +0.05%
USD/CAD 0.9888 -0.0026 -0.26%
EUR/GBP 0.8072 -0.0010 -0.12%


-The preliminary University of Michigan-Thomson Reuters consumer sentiment gauge tumbled in December to a 74.5 reading from 82.7 in November, reports said Friday. That’s far below the 82.0 expected.

- There has been no progress so far in budget talks between the staff of House Republicans and the White House, House Speaker John Boehner said on Friday. In a brief press conference, Boehner urged President Barack Obama to make a new offer that moves toward congressional Republicans. Obama’s negotiating stance is now “my way or the highway,” Boehner said. Boehner suggested that his conversation on the phone with Obama earlier this week was not serious. “The phone call was pleasant, but was more of the same,” he said. “It is time for the president to be serious and to come back to us with a counter-offer,” he said. Boehner criticized Treasury Secretary Timothy Geithner for “reckless talk” about the fiscal cliff. Geithner said Wednesday that the White House was “absolutely” ready to go over the cliff if the deal does not include allowing tax rates to rise for the wealthy.


-1023 DAX finally tanking. Taking some short selling profit at last.

-1006 Boehner , no progress. No way Obama/Geithner are going to get open ended debt limit.

I took some short profit and dumped my longs on the Boehner downdraft, now long the DIA again as it bounces back and now flat. Bought some more APPL back on the dip. Sometimes it pays to watch BBN-TV, but not often.

-957 Okay game is over for me for the day. I programmed my trades for the rest of the day. If the DOW rises ,  I sell the long side of the spread if it hits .9 pc+ for the day , if not I sell the long side of the trade at the end of the day and maintain my short over the weekend in the DIA. Nothing is expected to happen on the Fiscal cliff today. That London cartel naked shorting APPL has the media at its full command, I wonder who that would be? I will post updates as I am available but the blog won’t be real time for the rest of the day. A very stressful week as a trader for me personally. I added to my DAX short when it surged on the USA jobs number, nice to see it finally in the red.  Have a good weekend.

Major Stock Indexes
Last Chg %Chg
Global Dow 1953.34 0.13 0.01
DJ Global Total Stock Market 2617.02 1.04 0.04
DJ Global exUS TSM 2059.09 -1.68 -0.08
DJ Asia-Pacific TSM 1279.49 1.50 0.12
 Australia: S&P/ASX* 4551.80 42.50 0.94
 China: Shanghai Composite* 2061.79 32.55 1.60
 Hong Kong: Hang Seng* 22191.17 -58.64 -0.26
 India: BSE Sensex* 19424.10 -62.70 -0.32
 Japan: Nikkei Average* 9527.39 -17.77 -0.19
 Taiwan: TAIEX* 7642.26 19.00 0.25
Stoxx Europe 600 279.43 0.61 0.22
 Belgium: Bel-20 2423.05 5.98 0.25
 France: CAC 40 3610.19 8.54 0.24
 Germany: DAX 7527.24 -7.30 -0.10
 Italy: FTSE MIB 15654.14 -181.08 -1.14
 Sweden: OMX Stockholm 341.21 -0.04 -0.01
 UK: FTSE 100 5912.99 11.57 0.20
DJ Americas TSM 3669.14 8.23 0.22
 Argentina: MerVal 2466.89 16.86 0.69
 Brazil: Bovespa 58519.11 862.69 1.50
 Canada: S&P/TSX 12189.54 38.41 0.32



9:43 a.m. EST 12/07/12Major Stock Indexes
Last Change % Chg
DJIA 13118.98 44.94 0.34
Nasdaq 2991.32 2.05 0.07
S&P 500 1417.28 3.34 0.24
DJ Total Stock Market 14700.99 33.24 0.23
Russell 2000* 821.79 1.19 0.15
Global Dow 1953.76 0.55 0.03
Japan: Nikkei Average* 9527.39 -17.77 -0.19
Stoxx Europe 600 279.55 0.73 0.26
UK: FTSE 100 5918.61 17.19 0.29
9:41 a.m. EST 12/07/12Treasurys
Price Chg Yield %
2-Year Note -1/32 0.266
10-Year Note -12/32 1.632
* at close
9:33 a.m. EST 12/07/12Futures
Last Change Settle
Crude Oil 86.40 0.14 86.26
Gold 1701.4 -0.4 1701.8
E-mini Dow 13138 75 13063
E-mini S&P 500 1419.50 6.50 1413.00
9:43 a.m. EST 12/07/12Currencies
Last (mid) Prior Day †
Japanese Yen (USD/JPY) 82.67 82.39
Euro (EUR/USD) 1.2901 1.2968

-I was pretty overweight the DIA long side of the spread so I sold some+ .5 pc.  So now my DIA spread is flat. The bulls might grind the market higher by another .5 pc. I sold some of my APPL, but it trading okay , so I will hold it over the weekend , expecting the bulls to run it up into Christmas.


9:33 a.m. EST 12/07/12Major Indexes
Last Change % Chg
DJIA 13142.07 68.03 0.52
Nasdaq 3002.88 13.62 0.46
S&P 500 1420.27 6.33 0.45
DJ Total Stock Market 14728.31 60.56 0.41


Major Indexes
Last Change % Chg
DJIA 13121.34 47.30 0.36
Nasdaq 3001.89 12.62 0.42
S&P 500 1419.38 5.44 0.38

-I updated the newslinks ahead of the opening.

-0911 Anyone notice the complete disconnect of the high weekly unemployment claims and this current report. Indicated the BLS is largely in the business of doctoring employment reports, perhaps to suit the PPTs/Goldman/JPMs needs.

 - Austria Central Bank cuts its 2013 GDP growth Outlook to 0.5% from 1.7% prior view

- Greece said not willing to extend the deadline for the debt buyback plan and will be completed later today

- ECB’s Draghi stated at a EU-Hungary press conference that lowering interest rates to stimulate economy might risk sparking depreciation pressures in currency at some point. Fiscal imbalances were starting to be unwound, deleveraging was proceeding in an orderly way. Credit flows to real economy negatively affected in some parts of Euro zone
While indebted economies crimped Central Bank room to maneuver. The debt crisis was a cautionary tale for aspiring Euro members.

- Hungary Central Gov Simor: Stimulating growth need not put price stability at risk. Public debt must be put on a sustainable declining path and the health of Hungary financial system must be retained

- ECB’s Nowotny: Sees problematic development of real economy with inflation easing

- Hungary Chief IMF negotiator Varga: Chance for IMF deal ‘smaller’ than before, may continue IMF talks after 2013 budget is discussed

- Czech Pres Klaus: will NOT sign any change to Lisbon Treaty to allow bailout fund creation from 2013 (Note: Will not stop implementation of ESM itself as only approval from euro-zone member states is needed for the program and that has already been completed)

- Poland Fin Min Rostowski saw room for significant Polish rate cuts

- Poland Labor Ministry: Sees Nov jobless rate at 12.9%

-Greece draft tax bill looking to raise €3.0B over 2-yrs uses an increased income tax and a stricter system of issuing social benefits for families – ekathimerini

-Cyprus Fin Min Shiarly: Cyprus economy to contract by 3.5% in 2013 v 2.4% seen previously

-  Democratic Party leader Pier Luigi Bersani: PD party (centrist) will support Italy PM Monti until the end

- UK Institute for Fiscal Studies (IFS) recommends govt to raise money through tax rises vs cuts – British press

- China Academy of Social Sciences (CASS) analyst Yi Xianrong: China needs to cut housing inventory to reduce risk of a market bubble – Chinese press

-859 European stocks moved up on the jobs report. The dollar up, and commodities down a bit, in general trend terms


Stoxx Europe 600 279.67 0.85 0.30
 Belgium: Bel-20 2423.54 6.47 0.27
 France: CAC 40 3615.85 14.20 0.39
 Germany: DAX 7542.50 7.96 0.11
 Italy: FTSE MIB 15689.49 -145.73 -0.92
 Sweden: OMX Stockholm 341.09 -0.16 -0.05
 UK: FTSE 100 5916.47 15.05 0.26
EUR/USD 1.2905 -0.0065 -0.50%
GBP/USD 1.6020 -0.0031 -0.19%
USD/JPY 82.67 +0.26 +0.31%
USD/CHF 0.9360 +0.0036 +0.39%
AUD/USD 1.0477 -0.0009 -0.09%
USD/CAD 0.9882 -0.0032 -0.32%
EUR/GBP 0.8056 -0.0025 -0.30%
Gold 1696.95 -4.85 -0.28%
Silver 32.970 -0.144 -0.43%
Copper 3.670 +0.025 +0.69%
Crude Oil 86.67 +0.41 +0.48%
Natural Gas 3.639 -0.028 -0.75%
US Cotton No.2 73.55 0.00 0.00%
US Coffee C 150.68 +0.10 +0.07%

-10.7%: Unemployment rate if labor force participation was the same as in January 2009

-0839 146,000 jobs added, unemployment rate down to 7.7%.


Birth Death was -29k jobs. October was revised down to 138,000, from the initially reported 171,000 figure. September was also moved lower to 132,000 from 148,000. Most all of the jobs came from private services with the biggest sector contributing temporary help and in the retail sector (53k). Hours worked was the same and wages were up 4 c m/m. This is a very weak report. Hardly anything in mfg(3k) or construction (1k). It will probably be revised down. Labor force contracted and the participation rate dropping to 63.6%.

Sorry for the late post , but I was jammed up by the spooks at one minute before the release time. I did a programmed buy so I have a net long DIA position. I also brought APPL before number as hedge. I will further buy the opening at the market price. Given the report amounts to little more than skewing the temporary hires for Christmas by the BLS and not really factoring in the seasonality, the morning pop should be sold. Unemployment dropped as people dropped off the dole.

-0520 EU Economic Release Summary

(RU) Russia Narrow Money Supply w/e Dec 3rd (RUB): 7.16T v 7.24T prior
(ZA) South Africa Nov Net Reserves: $48.4B v $48.6Be; Gross Reserves: $50.8B v $50.7Be
 (DE) Germany Q3 Labor Costs Q/Q: 0.7% v 1.5% prior; Y/Y: 3.3 v 2.5% prior
(FI) Finland Oct Preliminary Trade Balance: -€225M v -€61.0M prior
(FR) France Oct Central Govt. Balance: -€94.6B v -€85.0B prior
(FR) France Oct Trade Balance: -€4.7B v -€4.9Be
(DK) Denmark Oct Industrial Production M/M: -1.4% v -3.3% prior; Industrial Orders M/M: -11.0% v 10.9% prior
(CZ) Czech Oct Trade Balance (CZK): 33.0BB v 38.0Be
(CZ) Czech Q3 Final GDP Q/Q: -0.3% v -0.3%e; Y/Y: -1.3% v -1.5%e
(HU) Hungary Oct Preliminary Industrial Production M/M: -3.8% v +0.7% prior; Y/Y: -3.8% v 0.6%e
(HU) Hungary Q3 Final GDP Q/Q: -0.2% v -0.2% prelim; Y/Y: -1.5% v -1.5% prelim
- (CH) Swiss Nov Foreign Currency Reserves (CHF): 424.8B v 422.0Be
(TW) Taiwan Nov Total Trade Balance: $3.4B v $3.2Be; Total Exports Y/Y: +0.9% v +7.8%; Total Imports Y/Y: +0.1% v +7.3%
(EU) ECB: €585M borrowed in overnight loan facility €665M prior; €230.0B parked in deposit facility vs. €229.3B prior
(SE) Sweden Nov Budget Balance (SEK): +8.2BB v -14.2B prior
(AT) Austria Nov Wholesale Price Index M/M: -1.0%% v -0.4% prior; Y/Y: 2.8% v 4.2% prior
(NL) Netherlands Oct Industrial Production M/M: -1.0% v -0.2%e; Y/Y: -1.7% v -0.4%e; Industrial Sales Y/Y: +3.3% v -3.9% prior
(IC) Iceland Q3 GDP Q/Q: +3.5% v -6.5% prior; Y/Y: 2.1% v 0.2% prior
(CZ) Czech Q3 Current Account: -€2.0B v -€260.2M prior
(CZ) Czech Nov International Reserves: $44.2B v $44.2B prior
(NO) Norway Oct Industrial Production M/M: +4.8% v -5.6% prior; Y/Y: +2.5% v -5.0% prior
(NO) Norway Oct Manufacturing Production M/M: -0.3%% v+ 0.4%e; Y/Y: 2.7% v 2.4% prior
(HK) Hong Kong Nov Foreign Currency Reserves: $305.2B v $301.7B prior
(UK) Oct Industrial Production M/M: -0.8% v +0.8%e; Y/Y: -3.0% v -0.5%e
(UK) Oct Manufacturing Production M/M: -2.1% v -0.2%e; Y/Y: -2.1-0.2%e

(UK) Nov BoE/GfK Inflation Expectations Survey: Next 12 Months: 3.5% v 3.2% prior
(IT) Bank of Italy Nov Balance-Sheet Aggregates: .
(GR) Greece Q3 Final GDP Y/Y: -6.9% v -7.2% prelim
(IT) Bank of Italy (BOI) Nov Balance-Sheet Aggregates: ECB funding to banks in Italy: €273.3B v €276.5B prior

-Greek Banks Ready To Participate 100% In Bond Buyback Deal -Bank Source, Dow Wire

-Blankfein Buy 32 Million dollar estate with market rigging money


-0510 Europe

Country: Index Last Change % Chg
Europe Dow 1614.33 -13.77 -0.85
Stoxx Europe 50 2577.26 -4.20 -0.16
Stoxx Europe 600 278.33 -0.49 -0.18
Euro Stoxx 50 2592.82 -10.59 -0.41
Euro Stoxx 256.72 -0.91 -0.35
Austria: ATX Index 2336.02 -4.03 -0.17
Belgium: Bel-20 2411.05 -6.02 -0.25
Denmark: OMX Copenhagen 20 496.97 -0.10 -0.02
Estonia: OMX Tallinn 685.25 5.47 0.80
Finland: OMX Helsinki 5806.13 28.86 0.50
France: CAC 40 3591.32 -10.33 -0.29
Germany: DAX 7508.39 -26.15 -0.35
Greece: Athens General 840.37 8.67 1.04
Greece: DJ Greece TSM 655.29 4.16 0.64
Greece: FTSE/ATHEX 20 294.03 2.14 0.73
Iceland: OMX Iceland All-Share 644.22 -1.95 -0.30
Ireland: ISEQ Overall 3338.49 -1.83 -0.05
Italy: FTSE MIB 15629.31 -205.91 -1.30
Latvia: OMX Riga 389.83 4.51 1.17
Lithuania: OMX Vilnius 350.01 0.41 0.12
Netherlands: AEX 341.21 -0.08 -0.02
Norway: OSE All-Share 483.81 -2.09 -0.43
Portugal: PSI 20 5398.34 0.98 0.02
Russia: DJ Russia Titans 6094.01 -27.46 -0.45
Spain: IBEX 35 7834.20 -76.60 -0.97
Sweden: OMX Stockholm 339.94 -1.31 -0.38
Switzerland: Swiss Market 6904.75 -7.27 -0.11
UK: FTSE 100 5891.06 -10.36 -0.18
UK: FTSE 250 12134.51 -14.72 -0.12
UK: FTSE AIM All-Share 687.51 -2.34 -0.34

-I went flat my DIA trade in the premarkets

- Obama takes to the road again today to sell his plans to avert the fiscal cliff, making an appearance with a family in northern Virginia who would be affected by the expiration of the Bush era tax cuts at the end of this year.The House of Representatives is on a break, although Speaker John Boehner has vowed to stay in Washington in case a deal breaks out. Last night President Obama called Boehner to discuss negotiations on the fiscal cliff although few details have been released about the content of their discussion.

-Fairytale of New York: the story behind the Pogues’ classic Christmas anthem

Only the English could call this the ‘greatest’ Christmas song ever. Still an interesting read.


-Helene Fischer Adeste Fidelis


-USA Market day

I will probably open up a net long DIA position going into the Jobs report when the premarkets open and implement a spread trading strategy.  I’m likely to buy the opening price on APPL and run that for the day if the Jobs report is above expectations. The jobs number expectation  is so low , they can easily fake it with the birth-death alone. If the USA jobs report really stinks, it will pull the DAX and European stocks down with. I hope to be able to blog the jobs report real time, but I may be too focused on my trading programming for the day. In any event if the connection to Iceland is not hacked or my server, I will have an accurate assessment of the report before the USA  markets open. Amazing how long it took the turkeys at the Bundesbank aiding all this gold rigging that Draghi is doing for DB, Socgen to cut their forecasts. The Bundesbank might as well lay down and put another Rothschilds stooge in place and start printing like during the Weimar days. Not good news these exploding deficits in the core(france) as Europe gets pulled down by the Greasy Greeks (pols). Hopefully  the market will have a lot of vol tomorrow, up or down, I don’t care. Although at this point, I’m 80 pc confident we will go over the cliff and correct around 20 pc, simply as it is to London’s and Obama’s advantage to do so at this point. A quiet night and I should leave you with a Christmas Carol to start your day.

Employment Situation

[Star]8:30 AM ET

Consumer Sentiment

[djStar]9:55 AM ET

Consumer Credit

[Bullet3:00 PM ET

-Officials at luxury-home builder Toll Brothers Inc. (TOL.N) have agreed to pay $16.2 million to settle claims that they misled shareholders about the company’s future prospects while reaping $615 million from sales of the company’s stock.The settlement was filed Thursday in Delaware Chancery Court. If approved, it would resolve claims that several Toll Brothers directors — including co-founders Robert and Bruce Toll — went to great lengths to convince investors that the company was uniquely positioned to weather a downturn in the housing market, according to a 2008 lawsuit filed by Toll Brother shareholder Milton Pfeiffer.


-339 Europe

European Stocks are little changed in the first half hour of trading and volumes are very light ahead of USA BLS NFP report

Country: Index Last Change % Chg
Europe Dow 1619.96 -8.14 -0.50
Stoxx Europe 50 2582.84 1.38 0.05
Stoxx Europe 600 278.92 0.10 0.04
Euro Stoxx 50 2604.68 1.27 0.05
Euro Stoxx 257.69 0.06 0.02
Austria: ATX Index 2344.59 4.54 0.19
Belgium: Bel-20 2415.66 -1.41 -0.06
Denmark: OMX Copenhagen 20 496.61 -0.46 -0.09
Estonia: OMX Tallinn 680.51 0.73 0.11
Finland: OMX Helsinki 5834.17 56.90 0.98
France: CAC 40 3604.27 2.62 0.07
Germany: DAX 7530.89 -3.65 -0.05
Greece: Athens General* 831.70 12.99 1.59
Greece: DJ Greece TSM 651.13 11.52 1.80
Greece: FTSE/ATHEX 20* 291.89 5.80 2.03
Iceland: OMX Iceland All-Share* 646.17 0.76 0.12
Ireland: ISEQ Overall 3338.11 -2.21 -0.07
Italy: FTSE MIB 15738.61 -96.61 -0.61
Latvia: OMX Riga 386.48 1.16 0.30
Lithuania: OMX Vilnius 349.95 0.35 0.10
Netherlands: AEX 342.00 0.71 0.21
Norway: OSE All-Share 484.55 -1.35 -0.28
Portugal: PSI 20* 5397.36 25.66 0.48
Russia: DJ Russia Titans 6094.80 -26.67 -0.44
Spain: IBEX 35 7887.70 -23.10 -0.29
Sweden: OMX Stockholm 340.83 -0.42 -0.12
Switzerland: Swiss Market 6907.74 -4.28 -0.06
UK: FTSE 100 5899.27 -2.15 -0.04
UK: FTSE 250 12159.71 10.48 0.09
UK: FTSE AIM All-Share 689.81 -0.04 -0.01

-Magnitude 7.3 Earthquake Hits Off Northeastern Japan, NHK Says, no initial damage reports. Tsunami warning issued

-The FED’s  asset holdings in the week ended Dec. 5 increased slightly to $2.861 trillion, up from $2.853 trillion a week earlier, it said in their weekly report released late Thursday. The FED’s  holdings of U.S. Treasury securities increased to $1.654 trillion on Wednesday from $1.647 trillion a week earlier. The central bank’s holdings of mortgage-backed securities edged up to $883.65 billion from $883.54 billion a week ago.Thursday’s report showed total borrowing from the Fed’s discount lending window was $959 million Wednesday, down from $1.02 billion a week earlier.Commercial banks borrowed $2 million Wednesday, down from $56 million a week earlier. U.S. government securities held in custody on behalf of foreign official accounts rose to $3.204 trillion, up from $ 3.202 trillion in the previous week.U.S. Treasurys held in custody on behalf of foreign official accounts increased to $2.850 trillion, up from $2.849 trillion in the previous week. Holdings of agency securities rose to $317.68 billion, up from the prior week’s $317.02 billion.

FEDs weekly report

-Asia Economic Release Summary

(AU) AUSTRALIA OCT TRADE BALANCE (A$): -2.09B V -2.20BE (10th consecutive deficit; biggest deficit since Dec 2009)
(KR) South Korea Nov Sales a top dept stores y/y: 10.2% (fastest rise since Dec 2011)
(JP) Japan Nov 1-20th Trade deficit ¥719B

-FBI Probes Big Lots Chief

U.S. officials launched a criminal probe of a $10 million sale of stock by Big Lots CEO Fishman before the company announced news that sank its stock.


-Danger Lurks Inside The Bond Boom

Investors have been flocking to buy bonds issued by top-rated companies. But some of the biggest fund managers warn of risks in what were once seen as the safest investments.

WSJ Lead story

-France Deficits start to Explode ..as Europe gets ready to implode..

Agence France Tresor said that French Government Budget Balance fell to a seasonally adjusted -94.6B, from -85.0B in the preceding quarter. Analysts had expected French Government Budget Balance to fall -90.0B in the last quarter.

-Bundesbank reads the ZGR

The Bundesbank slashed its forecast for economic expansion in Germany next year after the sovereign debt crisis pushed the euro area into recession and global growth slowed.The Frankfurt-based Bundesbank cut its 2013 projection to 0.4 percent from the 1.6 percent predicted in June and said the economy, Europe’s largest, will grow 0.7 percent this year, down from its previous forecast of 1 percent. The economy will contract in the fourth quarter and stagnate in the first, the Bundesbank said. It will expand 1.9 percent in 2014, according to the new forecasts.


-0300 Europe Opens
Germany’s DAX 30 index opens up 0.1% at 7,542.33

Spain’s IBEX 35 index opens up 0.1% at 7,922.30

France’s CAC 40 index opens up 0.3% at 3,612.85

U.K.’s FTSE 100 index opens up 0.1% at 5,905.1

Stoxx Europe 600 index opens 0.2% higher at 279.34


German 10y, 1.30, 0.00, 0.00%
Italy 10y 4.49-0.03, 0.77%
Spain 10y 5.45+0.00, -0.07%


Gold 1702.15 +0.35
Silver 33.045 -0.069
EUR/USD 1.2938 -0.0032 -0.25%

-Geopolitical Headliners

-Nikkei Stock Average closes down 0.2% at 9,527.39

Updated December 7, 2012 – 1:28 AM EST
NATO Attacked Afghan Health Clinic
Karzai: US, NATO Fueling Insecurity in Afghanistan
Obama’s Syria Policy Is Close to ‘Bush Doctrine’
Anonymous US Officials: Syria Loaded Chemical Arms into Bombs
As Syria’s Rebels Gain in North, Battle With Kurds Heats Up
Rebel Snipers Kill Alawites in Northern Lebanon
Netanyahu: Israel Will Keep Settlement Corridor
Israel Threatens to Cancel Gaza Truce Over Islamic Jihad Planned Visit
Israel Rains Fire When UN Votes Against It
Failed ‘Unity’ Talks Leave No Obvious Rival for Netanyahu’s Reelection
Egypt’s Morsi Loses More Key Aides as Position Weakens
Riot Police Fail to Contain Fighting as Egypt’s Capital Comes Unglued
Manning’s Pretrial Hearing Focuses on Abusive Treatment
NYT Public Editor Calls Out Paper Over Manning
Report: Pakistani Taliban on Brink of Leadership Change
The Unforgivable Failure of Congress to Rein in Drone Strikes by Conor Friedersdorf
Ignore North Korea’s Temper Tantrums  by Doug Bandow
Feinstein Amendment Doubles Down on NDAA’s Assault on Constitutional Rights  by Naomi Wolf
Washington’s Iranian Future by Pepe Escobar and Nick Turse
An Answer to the Anti-Anti-War Left by Jean Bricmont
Bradley Manning Gets No Love From The New York Times by Eliza Gray


-0230 Asia stocks were mixed, and trading volumes were light  ahead of the key BLS data in the USA, and due to caution on the stalemate in the USA fiscal cliff talks.  The bright spot of Asian equity markets was mainland China markets, with the Shanghai composite up 1.6 pc as it moves up from the post liquidation lows.  The ADB, and various Chinese officials put forth more bullish forecasts for GDP growth  and ‘hope’ returned for a V shaped recovery to the Chinese markets. Goldman Sachs, having covered its commodity shorts came out with a good pump of the commodity markets to put a floor under them.


Country: Index Last Change % Chg
Asia Dow 2853.04 12.73 0.45
DJ Asia-Pacific TSM 1281.76 3.82 0.30
Australia: All Ordinaries* 4555.90 40.20 0.89
Australia: S&P/ASX* 4551.80 42.50 0.94
China: DJ CBN China 600* 18535.10 363.07 2.00
China: DJ Shanghai* 253.92 5.25 2.11
China: Shanghai Composite* 2061.79 32.55 1.60
China: Shenzhen Composite* 786.05 16.15 2.10
China: Shanghai 50* 1634.92 34.50 2.16
Hong Kong: Hang Seng 22290.63 40.82 0.18
India: BSE Sensex 19499.81 13.01 0.07
India: S&P CNX Nifty 5931.10 0.20 0.00
Indonesia: JSX Index 4284.61 -7.99 -0.19
Indonesia: JSX BISNIS 27 357.16 -0.99 -0.28
Indonesia: JSX Islamic 587.77 -2.09 -0.35
Indonesia: JSX LQ-45 726.25 -1.82 -0.25
Indonesia: PEFINDO-25 469.79 1.20 0.26
Indonesia: SRI-KEHATI 228.98 -0.38 -0.17
Japan: DJ Japan TSM* 492.79 1.03 0.21
Japan: Nikkei Average* 9527.39 -17.77 -0.19
Japan: TOPIX Index* 790.24 1.50 0.19
Malaysia: DJ Malaysia TSM 3001.89 -0.71 -0.02
Malaysia: FTSE Bursa Malaysia KLCI 1615.56 -0.67 -0.04
New Zealand: NZX 50* 4041.53 18.16 0.45
S. Korea: KOSPI* 1957.45 7.83 0.40
S. Korea: KOSPI 50* 1701.59 11.39 0.67
S. Korea: KOSPI 100* 1963.39 12.22 0.63
S. Korea: KOSPI 200 Composite* 258.78 1.51 0.59
Singapore: FTSE Straits Times 3106.25 28.05 0.91
Taiwan: TAIEX* 7642.26 19.00 0.25
Thailand: SET 1334.40 -5.48 -0.41
Gold 1703.55 +1.75 +0.10%
Silver 33.085 -0.029 -0.09%
Copper 3.647 +0.001 +0.03%
Crude Oil 86.56 +0.30 +0.35%
Natural Gas 3.668 +0.027 +0.74%
US Cotton No.2 73.37 -0.12 -0.16%
US Coffee C 150.57 +2.25 +1.52%
EUR/USD 1.2945 -0.0026 -0.20%
GBP/USD 1.6052 +0.0001 +0.01%
USD/JPY 82.39 -0.01 -0.02%
USD/CHF 0.9342 +0.0018 +0.19%
AUD/USD 1.0478 -0.0009 -0.09%
USD/CAD 0.9912 -0.0001 -0.02%
EUR/GBP 0.8064 -0.0017 -0.21%

-Futures point to a modest opening in Europe

Futures Index Value % Change Open High Low Time
Americas Futures
DJIA INDEX FUTURE Dec12 13,075.00 +0.09% 13,068.00 13,078.00 13,064.00 02:28:18
S&P 500 FUTURE Dec12 1,413.30 +0.02% 1,413.10 1,414.60 1,412.90 02:26:47
NASDAQ 100 FUTURE Dec12 2,653.50 -0.02% 2,654.75 2,656.50 2,653.25 02:26:14
Europe, Middle East & Africa Futures
EURO STOXX 50 Dec12 2,614.00 +0.42% 2,613.00 2,616.00 2,612.00 02:24:02
FTSE 100 IDX FUT Dec12 5,911.00 +0.10% 5,919.00 5,920.00 5,909.50 02:23:51
DAX INDEX FUTURE Dec12 7,546.50 +0.12% 7,546.50 7,555.00 7,544.00 02:24:4


-Commodity markets have entered a ‘renaissance’ phase where prices are unlikely to go much higher but still offer investment opportunities, analysts at Goldman Sachs said.

-  Baltic and International Maritime Council (BIMCO): China demand for iron ore in 2013 expected to rise 7.5%, up from 6.4% in 2012 – China Daily

-Europeans Giving Key Military Technology to China Through the Back Door

China’s Ministry of Commerce has conditionally approved the formation of a joint venture that will provide software that will be closely integrated with ARM-based chips, enabling more secure payments over mobile phones and other enhanced security for mobile devices.The joint-venture company, announced in April, is between U.K. semiconductor design company ARM Holdings PLC ARMH +0.19% , Amsterdam-based digital-security company Gemalto NV GTOMY +0.84% and Munich-based technology company Giesecke & Devrient GmbH.The commerce ministry expressed concern in a statement Thursday that the move could hinder competition in mobile security technologies, echoing similar concerns voiced by European antitrust authorities, which last month also approved the joint venture with conditions attached.To address these concerns, the ministry has ordered ARM to release information to competitors on its TrustZone security technology, enabling them to develop their own security solutions.In addition, ARM must not reduce the efficiency of competitors’ security offerings through its own designs and patents, the ministry said.ARM must comply with the conditions for a period of eight years, the statement said.The conditions are similar to those imposed by the European Commission last month. China’s Ministry of Commerce has a history of frequently mirroring the recommendations of foreign antitrust authorities in cases involving foreign companies.Under China’s antitrust law, instituted in 2008, the ministry has the authority to approve mergers and acquisitions of foreign companies that have significant market share in China.


- China’s banking regulator is to summon representatives of Chinese banks for a meeting on risk management after news of a failed investment product sent depositors rushing to pull their savings from a branch of a Shanghai bank. The China Banking Regulatory Commission decided at a closed-door meeting Thursday not to press ahead immediately with a ruling in the case of a failed investment product sold by Hua Xia Bank Co. Ltd. until police had concluded their own investigation, according to a report by Reuters which cited unidentified sources. The report said the regulator will summon personnel from China banks to receive guidance on proper risk management involving investment products. A $22.5 million wealth management product sold by Hua xia Bank Co. went into default after failing to make a scheduled payment in November. Hua Xia Bank Co.  is partly owned by Deutsche Bank. Shares of Hua Xia were up 3.8% in Shanghai Friday nevertheless.

- Asia Development Bank cut its target for 2012 Asia GDP to 6.0% and for 2013 to 6.6% – both a 0.1pt reduction from prior estimates – while also maintaining China 2013 GDP forecast at 8.1%. ADB economists noted that China is bottoming out, India remains weak, and Japan needs to show more progress in fiscal consolidation.

- China vice premier Wang Qishan: China-Russia bilateral trade volume expected to reach $90B in 2012, double the pre-GFC amount; Aims for $100B in 2015 and $200B in 2020 – Shanghai Daily

- Former PBoC adviser Li Daokui: China 2013 GDP seen around 8%, CPI at 2.7% 

-  China Academy of Social Sciences (CASS) analyst Yi Xianrong: China needs to cut housing inventory to reduce risk of a market bubble – Chinese press

-  China Nov CPI may rise 2.2%, industrial production by over 10% y/y and retail sales by about 14.6% y/y – Chinese press

-  China Ministry of Finance official: to increase fiscal support for energy efficiency sector – Chinese press

-  China has warned Vietnam to stop unilateral oil exploration in disputed areas of the South China Sea – Shanghai Daily

-  Japan EconMin Maehara: To ask BoJ for powerful monetary easing

- Japan Fin Min Jojima: Commited to work with LDP on social security reform regardless of election results

-  Japan Chief Cabinet Secy Fujimura: Does not expect North Korea rocket debris to threaten Japan – financial press

-  BOJ candidate Takatoshi Ito: Suggest BoJ purchase foreign bonds; BOJ needs to do more – financial press interview

-  Japan DPJ Sec-Gen Koshiishi: Emergence of new parties ahead of Dec 16th elections is to the benefit of the LDP – Nikkei News

- Japan Chief Cabinet Secy Fujimura: Does not expect North Korea rocket debris to threaten Japan – financial press

-  BOJ candidate Takatoshi Ito: Suggest BoJ purchase foreign bonds; BOJ needs to do more – financial press interview

-  Japan DPJ Sec-Gen Koshiishi: Emergence of new parties ahead of Dec 16th elections is to the benefit of the LDP – Nikkei News

-  Japan gives clearance to Japan military/Self Defense Forces (SDF) to intercept North Korea missile – Japanese press

- South Korea, US combined forces raise alert level – Korean press

-  South Korea to prioritize FTA talks with China over a trilateral deal that includes Japan – Korean press

-  South Korea Financial Services Commission: markets remain stable following North Korea missile plans announcement

-  NAB economist: Australia trade data again shows that export sector is struggling with high AUD – SMH

- Australia PM Gillard: Mining industry still strong and overall economy is resilient – financial press

-  Australia govt abandons commitment to return the budget to surplus for FY12/13 if growth falls below long-term average  - AFR

-TM:  sees Japan sales dropping 20 percent in 2013

-USA Close, markets had a slight run up in the last hour and my program sold the close hard on the DIA. The ZGR is trying to maintain a short bias today not only because of the potential volatility of the jobs report, but as we don’t know on what day the London cartel that runs the USA, will order the USA pushed over the cliff, or when the market will start to react to that reality. Long time gold participants will know this is Pearl Harbor day and the FED traditionally always bombs gold on December 7. Sort of  a Chunukah tradition, but with Draghi taking the driving wheel on the gold rig/gold loan scam we might not see a slam on gold today, although Friday is a favorite day of the cartel to run stops of hedgies who don’t want to follow positions over the weekend.

Major Stock Indexes
Last Change % Chg
DJIA* 13074.04 39.55 0.30
Nasdaq* 2989.27 15.57 0.52
S&P 500* 1413.94 4.66 0.33
DJ Total Stock Market* 14667.75 46.82 0.32
Russell 2000* 821.79 1.19 0.15
Global Dow 1954.10 0.89 0.05
Japan: Nikkei Average* 9527.39 -17.77 -0.19
Stoxx Europe 600* 278.82 1.91 0.69
UK: FTSE 100* 5901.42 9.34 0.16

-PANW: Reports $.03 v .04e, R $85.9M v $83.7Me, -2.7 % afterhours

- NFLX: SEC staff has recommended a civil action related to CEO violating “Reg FD (fair disclosure)” clause, citing July Facebook post – filing; -1.2% after-hours

- SWHC: Reports Q2 $0.24 v $0.23e, R$136.6M v $136Me; Approves $20M repurchase of common stock (about 3% of market cap); +2.9% afterhours

-Welcome Back. Market focus is on the NFP payroll data for the month of November from the BLS in the USA. And whatever lies Dracula from the ECB is going to tell. The forecast is so low, at 93k jobs, now part of the market gaming system as the Economic shills put out numbers they know will be beat, if only through falsification, that it’s become on of the untalked about scandals of the financial markets. Needless to say after decades of reading these reports, there are quite a few market participants that can uncover the USA fraud. It might behoove the Obama administration to let the numbers tank this month as they can blame the Republicans and Hurricane sandy, and loot more if they do that.

Time Cur. Imp. Event Actual Forecast Previous
Friday, December 7
00:00   JPY     Leading Index 92.5 92.0 91.6
00:05   USD     Monster Employment Index 158 156
02:45   EUR     French Government Budget Balance -90.0B -85.0B
02:45   EUR     French Trade Balance -4.9B -5.0B
03:00   HUF     Hungarian GDP (YoY) -1.5%
03:00   HUF     Hungarian Industrial Output (YoY) 1.60% -3.80%
04:30   GBP     Industrial Production (YoY) -0.6% -2.6%
04:30   GBP     Industrial Production (MoM) 0.7% -1.7%
04:30   GBP     Inflation Expectations 3.2%
04:30   GBP     Manufacturing Production (MoM) -0.2% 0.1%
05:00   EUR     ECB President Draghi Speaks
06:00   BRL     Brazilian CPI (YoY) 5.44% 5.45%
06:00   EUR     German Industrial Production (MoM) -0.5% -1.8%
06:30   INR     Indian FX Reserves, USD 294.98B
07:30   BRL     Brazilian Auto Sales (MoM) 18.60%
08:30   CAD     Employment Change 10.0K 1.8K
08:30   CAD     Labor Productivity (QoQ) -0.4%
08:30   CAD     Participation Rate 66.80% 66.80%
08:30   CAD     Unemployment Rate 7.0% 7.4%
08:30   USD     Average Hourly Earnings (MoM) 0.2% 0.0%
08:30   USD     Average Weekly Hours 34.4 34.4
08:30   USD     Nonfarm Payrolls 93K 171K
08:30   USD     Private Nonfarm Payrolls 95K 184K
08:30   USD     Unemployment Rate 7.9% 7.9%
09:55   USD     Michigan Consumer Sentiment 82.4 82.7
09:55   USD     Michigan Inflation Expectations 3.1%
10:00   GBP     NIESR GDP Estimate 0.5%
10:30   USD     ECRI Weekly Annualized (WoW) 3.40%
15:00   USD     Consumer Credit 10



-Payrolls in U.S. Increase More-Than-Forecast 146,000


-U.K. Manufacturing Drops in Sign of Fourth-Quarter Weakness


-Draghi’s Go-to ECB Seen Risking Credibility Through Overload


-China State-Driven Rebound at Risk as Small Firms Suffer


-Standard Chartered to pay $670m to settle Iran sanctions allegation


-Euro zone inflation pressures set to ease: ECRI


-Apparel factory fire reveals big brands’ shadowy supply chains


-Greek Migrants Find Only Misery


-Financial Times Deutschland Folds After 12 Years of Losses

Good riddance you Zionist piece of toilet paper.


-Samsung’s market value reaches record $200B as emerging tech stocks surge


-Fed Exit Plan May Be Redrawn as Assets Near $3 Trillion


-From Wharton to Carnegie Mellon, B-Schools Set Up Shop in San Francisco


-Asian Stocks Rise as Fewer Americans File Jobless Claims


-Bundesbank Slashes 2013 German Growth Forecast to 0.4%


-Euro Declines as German Data May Add to Signs of Slowdown


-Monti Clings to Power ahead as Berlusconi Pushes for early Vote


-Egyptian Christians sentenced to death for Islam film


-Superstorm Sandy to dampen payrolls

- Marijuana goes legal in Washington state amid mixed messages


Washington state readies for same-sex marriage


-China’s new boss Xi hits nationalist note with talk of “revival”


This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

five × 5 =

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>