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Jan 26, 2016

RT Keiser Report - January 26, 2016: Deflating oil market (Episode 867)

Published on Jan 26, 2016
Check Keiser Report websitefor more:

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss that there is no story that is not true and what is good among one group of people is often an abomination with others. They look at negative oil prices and energy sector job cuts in the days of high leverage and low investment. In the second half Max interviews author and former investment banker Nomi Prins of the Strategic Intelligence Newsletter about the global economic depression, as central banks attempt to taper a ponzi.

The Guardian | World | Middle East | Israel - January 26, 2016: Ban Ki Moon Calls Israeli Settlement Expansion an Affront to The World by Peter Beaumont

Peter Beaumont
Israel’s prime minister, Binyamin Netanyahu, has accused UN secretary general, Ban Ki-moon, of giving a “tailwind to terror” after the UN head criticised Israel for continuing to build settlements in the occupied Palestinian territories and describing it as an affront to the Palestinian people and the international community.

The Guardian | Science - Science - January 26, 2016: Secret Success: Equations Give Calculations For Keeping Conspiracies Quiet.

Mark Tran
The US moon landings were a hoax, a cure for cancer exists but is being suppressed by drugs companies, vaccinations are harmful, the Earth is actually flat and climate change is a fraud.
Hard to debunk quickly, the adherents of these supposed conspiracies are not difficult to find online. But Dr David Robert Grimes, a physicist and cancer researcher at Oxford University, has come up with a mathematical model to poke holes in them.
The model gives the probability of success for different conspiracies factoring in the number of conspirators, the length of time, the possibility of a leak and even the effects of conspirators dying.

“It is common to dismiss conspiracy theories and their proponents out of hand, but I wanted to take the opposite approach, to see how these conspiracies might be possible,” he said. “To do that, I looked at the vital requirement for a viable conspiracy - secrecy.”
Conspiracy is defined as an effort to explain some event or practice by reference to the machinations of powerful people who attempt to conceal their role (at least until their aims are accomplished).
The rapper Bobby Ray Simmon Jr (aka BoB) unleashed a barrage of tweets this week backing his belief that the Earth is flat, not spherical, and implied that powerful people are trying to conceal the facts.
“here n america, you can be anything, worship anything, & believe anything... EXCEPT the earth not being round... they’ll hang u 4 that 1,” he tweeted.
“they want me to be a “good little rapper” and sing and dance and don’t question things...I’m going up against the greatest liars in history ... you’ve been tremendously deceived.”

  Using secrecy as a key criterion of success for a potential conspiracy, Grimes applied his model to four alleged plots, estimating the maximum number of people required to be in on the intrigue, and how long it would take for them to unravel.

Through his equations, Grimes calculated that hoax moon landings (410,000 people) would have been revealed in three years eight months, climate change fraud (405,000 people) in three years and nine months, a coverup of unsafe vaccinations (22,000) in three years and two months and a suppressed cancer cure (714,000 people) in three years and three months.
“My results suggest that any conspiracy with over a few hundred people rapidly collapses, and big science conspiracies would not be sustainable,” he said.
Grimes also looked at the maximum number of people who could take part in a conspiracy in order to maintain it. For a plot to last five years, the maximum was 2,521. For a scheme to remain under wraps for more than a decade, fewer than 1,000 people can be involved. To last a century, a deception should include fewer than 125 collaborators.
There is serious intent behind the study, published online by journal Plos One. Grimes was struck by the chorus of outrage - some of it quite personal - that he received at times when writing on science and scepticism for the Guardian and elsewhere.

“It made me very interested in how widespread these beliefs are,” he said. “While daft notions on moon landings may be harmless, with climate change it can mean we sleepwalk into damaging inertia.”
Grimes notes a political element in the dismissal of scientific findings. He cites a 2011 study which found conservative white males in the US were far more likely than other Americans to deny climate change.
He acknowledges that some conspiracies were real, from Watergate to the notorious Tuskegee syphilis experiment - when African-American men with the disease were denied access to penicillin - and the recent revelations on data collection by Edward Snowden, the NSA whistleblower. These real conspiracies, however, show that even in highly secretive organisations, there is always a possibility of an accidental or intentional leak whether by whistle-blowing or ineptitude.
“Not every belief in a conspiracy is necessarily wrong - for example, the Snowden revelations confirmed some theories about the activities of the US National Security Agency.”
Grimes argues that conspiracies in scientific domains are particularly hard to sustain, because of scrutiny by fellow scientists: “Even if a small devious cohort of rogue scientists falsified data for climate change or attempted to cover up vaccine information, examination by other scientists would fatally undermine the nascent conspiracy. To circumvent this, the vast majority of scientists in a field would have to mutually conspire - a circumstance the model predicts is exceptionally unlikely to be viable.”
He admits, however, that hard-core conspiracy theorists will not be swayed by his equations: “In these cases, it is highly unlikely that a simple mathematical demonstration of the untenability of their belief will change their viewpoint. However, for the less invested such an intervention might prove useful.”

GATA | THE GATA DISPATCH - January 26, 2016: TF Metals Report: New Record Low Comex Gold Inventory

DealBook P.M. Edition - January 26, 2016: Top Story: A.I.G. Opts for Streamlining, Spurning Calls for a Breakup.

Tuesday, January 26, 2016
A.I.G. Opts for Streamlining, Spurning Calls for a Breakup The insurance giant brushed aside Carl Icahn's push for a breakup, saying it would sell or spin off some businesses and create nine operating units.

WSJ | Forex Closing on January 26, 2016.

The Wall Street Journal Forex Closing
Major Currencies
Tuesday, January 26, 2016

WSJ | Major Indexes Closing on January 26, 2016.

The Wall Street Journal Major Indexes Closing
Major Indexes 5:45 p.m. EST 01/26/16

WSJ | Biggest Decliners Closing on January 26, 2016.

The Wall Street Journal Biggest Decliners Closing
Biggest Decliners
4:31 pm ET 01/26/2016

WSJ | Most Actives Closing on January 26, 2016.

The Wall Street Journal Most Actives Closing
Most Active Stocks by Volume
4:31 pm ET 01/26/2016

WSJ | Biggest Gainers Closing on January 26, 2016.

The Wall Street Journal Biggest Gainers Closing
Biggest Gainers
4:31 pm ET 01/26/2016

Public Integrity Org - January 26, 2016: Conservative National Groups Battle in the States over Constitution Redo.

By Ashley Balcerzakemail 5:00 am, January 25, 2016 Updated: Aprox. 4 hours, 49 minutes ago
How it works
Americans can amend the Constitution in two ways, as laid forth in Article V of the body of laws. The first has been used to pass all 27 amendments that exist today: Congress proposes an amendment with two-thirds majority in both chambers that must then be ratified by three-quarters of the states.
The second route requires two-thirds of states to call a convention for proposing amendments, according to the Constitution.

Kitco News - January 26, 2016: Day 1 of Fed: Positive Factors Ouweigh Negative for Gold - Bubba Horowitz.

Day 1 of Fed: Positive Factors Outweigh Negative For Gold - Bubba Horowitz

Kitco NEWS

Published on Jan 26, 2016
As day one of the year’s first Federal Reserve meeting kicks off, one veteran trader says gold looks like it may be setting itself up for a breakout. Gold futures continued to trade above the $1,110 level and managed to hit new highs Tuesday, with February comex gold futures settled up $15.20 at $1,120.20 an ounce. February comex contracts expiry was scheduled on Tuesday and contract have now rolled over to April. ‘If we can get through these levels here, there’s a good chance we could see $1,140-1,180,’ Todd Bubba Horowitz told Kitco News. Commenting from the CME floor, he said that there are more factors in favour of gold prices to move higher than there are factors to push it lower. 'I’d much rather be an owner here than a seller,’ he said. ‘[T]he major U.S. banks are all drastically short the U.S. dollar so I think that with the Fed probably not going to do anything, it’ll put pressure on the dollar, which will certainly push gold higher,’ he added. Despite the optimism on gold, Horwitz said his favourite metal is still silver. ‘I’m still a big fan of silver…it looks to go much higher,’ he said. 'I think that the ratio between gold and silver is the widest its ever been.’ March silver futures settled at $14.564 an ounce. Kitco News, Jan 26, 2016.

GATA | THE GATA DISPATCH - January 26, 2016: Koos Jansen: China Stops Publishing Shangai Exchange's Gold Withdrawals.


Submitted by cpowell on January 26, 2016January 26, 2016

Gold researcher and GATA consultant Koos Jansen today confirmed with the Shanghai Gold Exchange that it has discontinued publishing the weekly total of gold withdrawals from the exchange.

Wall Street at Close Report, by CNBC on January 26, 2016: Dow Closes Up Triple Digits as Oil Bounces.
Evelyn Cheng
U.S. stocks closed higher Tuesday, helped by a bounce in oil and some earnings beats, ahead of the release of the Fed meeting statement Wednesday.

The Guardian | Opinion | Vladimir Putin - First Thoughts - January 26, 2016: Putin is a Human Rights Abusing Oligarch. The Left must Speak Out by Owen Jones

Owen Jones
A rightwing authoritarian leader who attacks civil liberties, stigmatises lesbian, gay, bisexual and transgender people, indulges in chauvinistic nationalism, is in bed with rapacious oligarchs, and who is admired by the European and American hard right. Leftwing opposition to Vladimir Putin should be, well, kind of an obvious starting point. Now BBC One’s Panorama has broadcast allegations that the Russian leader has secretly amassed a vast fortune. However accurate, there is no question that Putin is close to oligarchs such as Roman Abramovich, who profited as post-Soviet Russia collapsed into economic chaos thanks to western-backed “shock therapy”.

NYT Opinion - January 26, 2016: Wait. Which Party Is Imploding by Arthur C. Books and Gail Collins.

Arthur C. Brooks and Gail Collins
Eric Thayer for The New York Times
Gail Collins: Arthur, I’m so pleased to be conversing with you about this election. I miss my old pal David Brooks, but David’s just got too much on his plate to pick up one more project right now. And I get another Brooks! I will refrain from making any water-related jokes.

CMI Spot Prices as of Close of Trading in New York on January 26, 2016:

CMI Gold & Sliver

Spot Prices as of traditional New York closing times

Tuesday, January 26, 2016


Bits | The Business of Technology - January 26, 2016: Tepid Response to Twitter Shake-Up.

The New York Times
Tuesday, January 26, 2016

Daily Report
Tepid Response to Twitter Shake-Up | If Jack Dorsey and the other leaders at Twitter thought news of a high-level shake-up would excite investors, they were wrong. On Monday, shares in Twitter fell once again, by 4.6 percent. The company's stock has fallen more than 40 percent in the last three months.

European Markets at Close Report on January 26, 2016: Europe Ends Higher; Oil Above $31; Miners Jump.
Alexandra Gibbs, Arjun Kharpal, Holly Ellyatt
European markets posted strong gains by Tuesday's close, as investors cheered on the sharp rebound in oil prices and a rally in mining stocks.

FTC Press Release - January 26, 2016: FTC Postpones Identity Theft Press Conference Due to Government Closure & DC Weather Conditions

GATA | THE GATA DISPATCH - January 26, 2016: China's Gold Imports From Hong Kong Jump to Highest Since 2013:

Submitted by cpowell on January 26, 2016. From Bloomberg News Tuesday, January 26, 2016

China's imports of gold from Hong Kong surged 67 percent to the highest level in more than two years in December as stock market turmoil and anticipation of a further weakening in the nation's currency spurred demand for a haven.

Bureau of labor Statistics Press Release - January 26, 2016: Dec. Jobless Rates Down in 25 States, up in 14; Payroll Jobs up in 36 States, Down in 14

The Guardian | World | Europe | France - January 26, 2016: France Hit by Day of Protest as Workers Take to the Streets by Angelique Chrisafis
Angelique Chrisafis
Police have fired teargas at striking French taxi drivers who tried to march down a major Paris bypass on a day of protests against non-traditional car services such as Uber.

Reuters | Deals - January 26, 2016: Lockheed Seals Services Deal with Leidos; Quaterly Profit Rises
By Andrea Shalal
WASHINGTON Lockheed Martin Corp (LMT.N) said on Tuesday it reached a deal to combine its information systems and government services business with Leidos Holdings Inc (LDOS.N), and reported higher-than-expected quarterly profit and revenue.

The Guardian | Business | Retail - Tesco - January 26, 2015: Tesco Delayed Payments to Suppliers to Boost Profits, Watchdog Finds by Sarah Butler.
Sarah Butler
The grocery market watchdog has ordered Tesco to make “significant changes” in the way it deals with suppliers after finding the supermarket had deliberately delayed payments to support its profits.
Christine Tacon, the groceries code adjudicator, said Tesco had made serious breaches of the code governing the grocery market, but is unable to fine the supermarket as the breaches took place before her powers to fine were ratified.

NYT | First Draft on Politics - January 26, 2016: Democrats Gather to Make Final Arguments inIowa Sprint.

Tuesday, January 26, 2016

The New York Times »

The New York Times

Tuesday, January 26, 2016

“You have to have somebody who is a proven fighter,” Hillary Clinton told voters at a Democratic forum in Iowa on Monday.
“You have to have somebody who is a proven fighter,” Hillary Clinton told voters at a Democratic forum in Iowa on Monday. Justin Sullivan/Getty Images
Democrats Gather to Make Final Arguments in Iowa Sprint
Good Tuesday morning. As the candidates schedules bear out, the focus is almost entirely on Iowa in the days before the caucuses. The scene there comprises both brief snapshots and grand themes as the candidates try to make their final arguments. 

Bloomberg View | The Editors - January 26, 2016: How To Manage Europe's Refugee Emergency
The Editors
Europe’s refugee crisis is far from contained. The flow of people fleeing the horrors of Syria continues unabated, and the countries of the European Union remain at odds over how to respond. There’s no simple answer, but the EU can do better than this.

Dealbook Today's Top Headlines on January 26, 2016: A Tidal Wave of Corporate Migrants Seeking Tax Shelters | Why Shkreli Will Talk on Social Media but Not to Congress | American Apparel Founder Loses Bid to Return.

Tuesday, January 26, 2016
A TIDAL WAVE OF CORPORATE MIGRANTS SEEKING TAX SHELTERS Until lawmakers in Washington reform the tax code, American companies will continue their exodus in search of lower tax rates, Andrew Ross Sorkin writes in the DealBook column.

U.S. Stock Market Futures Indications - January 26, 2016: U.S. Stock Futures Fall as Oil, Chinese Marrkets Drop:
Victor Reklaitis
U.S. stock futures on Tuesday pointed to a lower open, as fresh losses for oil and Chinese markets weighed on sentiment.

Asian Markets at Close Report by MarketWatch on January 26, 2016: China Stocks Close 6.4% Lower as Sinking oil Drags Down Asia Markets.
Chao Deng 
China shares plunged Tuesday, while other Asian markets dropped as oil prices sank.
The Shanghai Composite Index SHCOMP, -6.42%  , China’s main benchmark, finished down 6.4% at 2,749.79.