November 25, 2022 key news items this week:
1. The Mind Dies First: This week I saw a horrific picture of the war in Ukraine. I apologize first to allow this ugliness to appear below but I hope none of us should have any illusion about the devastation involved in armed conflict. (Fig. 1).
A friend of mine who once served in the public security arena told me “No matter how good is the propaganda, the realities hit hard when you see young men return in body bags”. The following is an excerpt of in an article titled “The Ukraine is committing suicide by cop”. The author of the article is a Dutch blogger. The excerpt was a reply to a previous email from a “Real Ukrainian”, by this, the Dutch author distinguished the person from the Ukronazis in power in Kiev. The email began,“I am also heartbroken with the evolution of the war to liberate the Ukraine from NATO: while I have no doubts about the outcome, I am horrified at the thought of what this does to the civilian population. My sadness is even made deeper by the realization that to a large degree the people of the Ukraine did it to themselves. Russia tried REALLY HARD to not have a war, then she tried REALLY HARD to save the civilians and the civilian infrastructure. But the people under Nazi occupation believed all the propaganda coming out of the regime in Kiev and the West and now there will be hell to pay. For 6 months these naive people thought the Ukraine was winning because they could not even fathom that Russia was only using about 10% of her forces and trying really hard to save as many Ukrainians. But no, they were celebrating the murder of Dugina, the attack on the Crimean Bridge, the attacks on the ZNPP and now they are going to pay a horrible price for these delusions and, frankly, lack of decency/morality. As Douglas MacGregor said “the Russians are about to bring a sledge-hammer” to vaporize the NATO forces in the Ukraine. We did not want that. It was imposed on us.What else can I say? The Nazis will be crushed, but the costs of doing so will be needlessly high. Millions of refugees will be added to the millions who already fled. I feel utterly disgusted, sad and angry about this outcome”.
My take is when one allows oneself to be deceived through lack of vigilance to verify the spoken words to the actual deeds, the life forces within that person is gone already. When the mind dies, everything else follows.
From a different perspective, Putin just had a face to face meeting with mothers of Russian troops (Fig. 2)
. At the meeting Putin said,“life is more complex and diverse” than what is shown in the media and on the internet, noting that “nothing can be trusted there at all,” because of the extraordinary amount of fakes, lies, and deceit. “Information is also a weapon, and informational attacks are one the most effective types of warfare.”
Herewith links to the two articles: http://thesaker.is/the-ukraine-is-committing-suicide-by-cop/ https://www.rt.com/russia/567178-putin-mothers-russian-servicemen/
2. The Puppet Master Strikes Again: Anwar Ibrahim just sworn in as Malaysian New Prime Minister. Exactly like Zelensky’s election campaign, Anwar Ibrahim promised big to Malaysia for an end to racial strife, an end to corruption and strengthening of democracy. (Fig. 3) 
There is also no coincidence that behind Zelensky and Ibrahim are the same source of funding from the National Endowment of Democracy (CIA), and the Open Society(George Soros). I suppose after hijacking TSMC to Arizona and a temporary truce with China, Tsai Ing-wen used by date has arrived. There is a need for Biden to open another disruptive front in the region. The US puppet manufacturing process is now very much standardized, vilify the sitting government, create ethnic strife, entrap corrupt sitting politicians, big campaign promises to end everything that the local citizens abhor but double up and make everything worse once the puppet is installed. This model was perfected with Obama and is now distributed world wide. I hope I am wrong for the sake of my Malaysian relatives, friends and my Singaporean buddies.
II Corinthians 11:14 And no wonder! For Satan himself transforms himself into an angel of light. 15 Therefore it is no great thing if his ministers also transform themselves into ministers of righteousness, whose end will be according to their works.
The past week’s financial markets:
A. Stock Market: Dow gain 601 points for the week (+1.78%). (Fig. 4).
As I said last week, the hawkish statement by Boston Fed President Susan Collins was NATO(No Action Talk Only). FOMC minutes released indicated while policymakers stressed their “strong commitment” to reducing inflation, support for a higher rate peak may have been less than universal. Keep the market guessing and focused on Fed Talk on interest rates and with the hidden hand keep the money printing press cranking hot. This week we also witnessed The People's Bank of China (PBOC) said the 0.25% cut of the reserve requirement ratio (RRR) to 7.8% will take place on December 5.
B. Debt Market: (Fig. 5): USGG10YR ended the week at 3.601% a drop of 13.5 basis points from the previous week.
Judging from the spread between YR2 and Fed Funds, (Fig. 6), even a 50 basis point increase in December is a luxury neither the Fed nor the US can afford.
UST Yield Curve continued to be seriously inverted, with one month rate gone up by 23 basis points whilst YR30 down by 18 points. This is a mufti-decade record of yield inversion and indicates a continued fearful tightening of credit by banks and a recession is at the door. (Fig. 7)
C. FX Market (Fig. 8): for the week ended November 25, 2022, DXY opened at 106.416 and closed at 106.062 (Down -0.3%). Eur, Gbp and Jpy all made gains against USD, Rmb eased slightly on account of lowering RRR by 0.25%.
D. Precious Metals & Crypto :(Fig. 9): Gold price opened at $1750.4, and closed the week at $1754.26, a gain of $3.86 (+0.22%).
CTA covered all their short positions with Bullion Banks and Producers provided the liquidity. Net Bullion Bank short position as at Nov 15 stood at 276 tonnes. For the week Silver and Bitcoin gained respectively 2.4% and 1.5%. (Fig. 10).
With the spectacular collapse of Crypto Platform FTX, owning hundreds of billions and over 1 million creditors, many people wondered why Sam Bankman-Fried isn’t in handcuff yet. Well. when you are the steward for the hidden treasure vault of the US Ruling Party, there is a lot of slack given. (Fig. 11)
Ezekiel 33:2 "Son of man, speak to the children of your people, and say to them: 'When I bring the sword upon a land, and the people of the land take a man from their territory and make him their watchman, 3 when he sees the sword coming upon the land, if he blows the trumpet and warns the people, 4 then whoever hears the sound of the trumpet and does not take warning, if the sword comes and takes him away, his blood shall be on his own head. 5 He heard the sound of the trumpet, but did not take warning; his blood shall be upon himself. But he who takes warning will save his life. 6 But if the watchman sees the sword coming and does not blow the trumpet, and the people are not warned, and the sword comes and takes any person from among them, he is taken away in his iniquity; but his blood I will require at the watchman's hand.'
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