U.S. Stock Market

Remains in a Bubble

DYI:  Below is DYI’s aggressive model portfolio is spin off of Harry Browne’s Permanent Portfolio fixed 25% in each asset category.  All I’ve done is used our valuation averaging formula to our three uncorrelated assets – stocks, Long term bonds, and gold with cash being our default asset and yet remains somewhat conservative by only going up to a maximum of 50% in each asset except for cash.

 

DYI’s premise is with such diverse categories over broad periods of time there will be a bull market for at least one if not two assets and significantly less loss for those that are overvalued.  Reasonable growth with excellent downside protection alongside our goal of outperforming Harry Browne’s Permanent Portfolio concept of fixed asset categories.  It is DYI’s goal as well to capture 75% plus of the S&P 500 return over broad periods of time with significantly less downside volatility.   

Updated Monthly

AGGRESSIVE PORTFOLIO - ACTIVE ALLOCATION - 04/1/19

Active Allocation Bands (excluding cash) 0% to 50%

66% - Cash -Short Term Bond Index - VBIRX

34% -Gold- Global Capital Cycles Fund - VGPMX

 0% -Lt. Bonds- Long Term Bond Index - VBLTX

 0% -Stocks- Total Stock Market Index - VTSAX

[See Disclaimer]

 This blog site is not a registered financial advisor, broker or securities dealer and The Dividend Yield Investor is not responsible for what you do with your money.

This site strives for the highest standards of accuracy; however ERRORS AND OMISSIONS ARE ACCEPTED!

The Dividend Yield Investor is a blog site for entertainment and educational purposes ONLY.

The Dividend Yield Investor shall not be held liable for any loss and/or damages from the information herein.

Use this site at your own risk.

PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.

U.S. Stock Market

Remains in a Bubble

DYI:  Below is John Kingham’s valuation formula for purchasing/selling stocks and bonds.  I have changed the formula to reflect Ben Graham’s Defensive investor 50% stocks and 50% bond.  If valuations are at its mean stocks and bonds will be at 50%/50% level only deviating from that as stock valuations rise or fall. 

Excellent tool for those investors desiring a more cautious, smoother ride in the markets, as opposed a high fixed stock to bond allocation.   Retirees handling a large lump sum for their nonworking years thus requiring downside protection. Large commitments to stocks only when the market is undervalued in its extreme.  This is the classic income plus capital appreciation type of investing.  

%
Stock & Bonds

Allocation Formula

04-01-19
Updated Monthly

% Allocation = 100 – [100 x (Current PE10 – Avg. PE10 / 4)  /  (Avg.PE10 x 2 – Avg. PE10 / 2)]

Current PE10.....30.50

Avg. PE10......... 16.61

% Stock Allocation   0% (rounded)
% Bond Allocation  100% (rounded) 

Logic behind this approach:

--As the stock market becomes more expensive, a conservative investor's stock allocation should go down. The rationale recognizes the reduced expected future returns for stocks, and the increasing risk. 

--The formula acknowledges the increased likelihood of the market falling from current levels based on historical valuation levels and regression to the mean, rather than from volatility. Many agree this is the key to value investing.  

Please note there is controversy regarding the divisor (Avg. PE10).  The average since 1881 as reported by Multpl.com is 16.70.  However, Larry Swedroe and others believe that using a revised Shiller P/E mean of 19.6 , the number since 1960 ( a 53-year period), reflects more modern accounting procedures.

DYI adheres to the long view where over time the legacy (prior 1959) values will be absorbed into the average.  Also it can be said with just as much vigor the last 25 years corporate America has been noted for accounting irregularities.  So....If you use the higher or lower number, or average them, you'll be within the guide posts of value.

Please note:  I changed the formula when the Shiller PE10 is trading at it's mean stocks and bonds will be at 50% - 50% representing Ben Graham's Defensive investor starting point; only deviating from that norm as valuations rise or fall.        

  

DYI

This blog site is not a registered financial advisor, broker or securities dealer and The Dividend Yield Investor is not responsible for what you do with your money.

This site strives for the highest standards of accuracy; however ERRORS AND OMISSIONS ARE ACCEPTED!

The Dividend Yield Investor is a blog site for entertainment and educational purposes ONLY.

The Dividend Yield Investor shall not be held liable for any loss and/or damages from the information herein.

Use this site at your own risk.

PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.

The Formula.

A value based allocation strategy

February 19, 2010 by John Kingham

U.S. Stock Market

Remains in a Bubble

DYI:  Below is Gen Graham’s corner that continues flashing that the market is way overvalued.  Until valuations improve purchasing short term bonds is the prudent way to go.  If there is any more upside to this market those gains will be transitory.

This indicator is one of the best for those who are in the accumulation period of your life especially for those who are building net worth through either retirement plans or in mutual fund taxable accounts as well.  So simple, yet so effective, clearly showing old Ben’s genius!    

Margin of Safety!

Central Concept of Investment for the purchase of Common Stocks.

"The danger to investors lies in concentrating their purchases in the upper levels of the market..."

Stocks compared to bonds:

Earnings Yield Coverage Ratio - [EYC Ratio]

EYC Ratio = 1/PE10 x 100 x 1.1 / Bond Rate

1.75 plus: Safe for large lump sums & DCA

1.30 plus: Safe for DCA

1.29 or less: Mid-Point - Hold stocks and purchase bonds.

1.00 or less: Sell stocks - Purchase Bonds

Current EYC Ratio: 0.95 (rounded)

As of  04-01-19
Updated Monthly

PE10 as report by Multpl.com

Bond Rate is the rate as reported by

Vanguard Long-Term Investment-Grade Fund Investor Shares (VWESX)

DCA is Dollar Cost Averaging.
Lump Sum any amount greater than yearly salary.

PE10  ..........30.50
Bond Rate....3.80%

Over a ten-year period the typical excess of stock earnings power over bond interest may aggregate 4/3 of the price paid. This figure is sufficient to provide a very real margin of safety--which, under favorable conditions, will prevent or minimize a loss......If the purchases are made at the average level of the market over a span of years, the prices paid should carry with them assurance of an adequate margin of safety.  The danger to investors lies in concentrating their purchases in the upper levels of the market.....

Common Sense Investing:
The Papers of Benjamin Graham
Benjamin Graham

Vaccine

Blowback

!

Public Health Officials Know: Recently Vaccinated Individuals Spread Disease

Published 2:42 PM ET Tue, 3 March 2015Globe Newswire

Washington, D.C., March 3, 2015 (GLOBE NEWSWIRE) -- Physicians and public health officials know that recently vaccinated individuals can spread disease and that contact with the immunocompromised can be especially dangerous. For example, the Johns Hopkins Patient Guide warns the immunocompromised to "Avoid contact with children who are recently vaccinated," and to "Tell friends and family who are sick, or have recently had a live vaccine (such as chicken pox, measles, rubella, intranasal influenza, polio or smallpox) not to visit."¹ 

A statement on the website of St. Jude's Hospital warns parents not to allow people to visit children undergoing cancer treatment if they have received oral polio or smallpox vaccines within four weeks, have received the nasal flu vaccine within one week, or have rashes after receiving the chickenpox vaccine or MMR (measles, mumps, rubella) vaccine.² 

"The public health community is blaming unvaccinated children for the outbreak of measles at Disneyland, but the illnesses could just as easily have occurred due to contact with a recently vaccinated individual," says Sally Fallon Morell, president of the Weston A. Price Foundation. The Foundation promotes a healthy diet, non-toxic lifestyle and freedom of medical choice for parents and their children. "Evidence indicates that recently vaccinated individuals should be quarantined in order to protect the public."

 Scientific evidence demonstrates that individuals vaccinated with live virus vaccines such as MMR (measles, mumps and rubella), rotavirus, chicken pox, shingles and influenza can shed the virus for many weeks or months afterwards and infect the vaccinated and unvaccinated alike. ^{3,4,5,6,7,8,9,10.11.12} 

Furthermore, vaccine recipients can carry diseases in the back of their throat and infect others while displaying no symptoms of a disease.^13,14,15Both unvaccinated and vaccinated individuals are at risk from exposure to those recently vaccinated. Vaccine failure is widespread; vaccine-induced immunity is not permanent and recent outbreaks of diseases such as whooping cough, mumps and measles have occurred in fully vaccinated populations.^16,17 Flu vaccine recipients become more susceptible to future infection after repeated vaccination.^18,19 

Adults have contracted polio from recently vaccinated infants. A father from Staten Island ended up in a wheel chair after contracting polio while changing his daughter's diaper. He received a 22.5 million dollar award in 2009. ^20,21

 "Vaccine failure and failure to acknowledge that live virus vaccines can spread disease have resulted in an increase in outbreaks of infectious disease in both vaccinated and unvaccinated individuals," says Leslie Manookian, producer of The Greater Good. "CDC should instruct physicians who administer vaccinations to inform their patients about the risks posed to others by those who've been recently vaccinated." 

According to the Weston A. Price Foundation, the best protection against infectious disease is a healthy immune system, supported by adequate vitamin A and vitamin C. Well-nourished children easily recover from infectious disease and rarely suffer complications. 

The number of measles deaths declined from 7575 in 1920 (10,000 per year in many years in the 1910s) to an average of 432 each year from 1958-1962.²² The vaccine was introduced in 1963. Between 2005 and 2014, there have been no deaths from measles in the U.S. and 108 deaths reported after the MMR vaccine.²³

Staten Island dad gets $22.5M in polio case vs. Lederle Laboratories

A Staten Island man stricken with polio after changing his daughter's diaper 30 years ago won a multimillion dollar judgment from the maker of the oral vaccine that passed through her stool. 

Dominick Tenuto, who fell ill while working at a small Wall Street securities firm in 1979, was awarded $22.5 million on Friday. The award is believed to be among the highest ever on Staten Island.

What happens when you don’t vaccinate your children in america

Video

DYI:  Doctors who are baffled as to why they are having resistance from their patients or the parents of children to be vaccinated they need to watch the above video.  This video, which in my opinion is a fabricated scare piece designed to intimidate parents into having their children vaccinated through fear of police enforcement and removal of children from their custody.

DYI

Airline

Passenger Logic? 

A PASSENGER HAS STRIPPED OFF AT HIS BOARDING GATE, SAYING THAT CLOTHES MADE HIM ‘LESS AERODYNAMIC’.

Video of the 38-year-old man shows him standing naked as he waits to board a Ural Airlines flight from Russia’s Domodedovo Airport in Moscow.Reports claim that the naked flyer was nabbed by staff as he ran onto the air-bridge and then detained by police. 

One passenger, REN TV report, said: “He shouted that he was naked because clothing impairs the aerodynamics of the body. He flies with more agility when undressed.” 

Later in the clip, the passenger is still shown completely naked while handcuffed. 

It is not yet known whether the man planned to grow wings and fly alongside the plane, putting his featherless aerodynamics to the test.

DYI

Bursting

Bubble?

Gold Mining Stocks Are Surging on Global Economic Fears

Bond yields are crashing in major markets all around the world as fears of a global economic slowdown have prompted investors to seek shelter in low-risk government debt. Both Germany and Japan’s 10-year bond yields are back below zero, marking the first time we’ve seen German yields turn negative since October 2016. As I shared with you last week, the pool of negative-yielding bonds around the globe now stands at a post-2017 high of $9.32 trillion. Yields in Australia and New Zealand have also fallen to record lows, according to Bloomberg.

The Yield Curve Just Inverted. Time to Get Defensive? 

Here in the U.S., the yield on the 10-year Treasury has fallen to a more-than-one-year low on a dovish Federal Reserve. As you no doubt know by now, late last week, one very important part of the yield curve inverted for the first time since late 2006. On Tuesday morning, the 10-year Treasury was yielding 2.43 percent, compared to 2.46 percent for the 3-month Treasury—a small but meaningful spread of negative 3 basis points. 

A yield curve inversion indicates that investors are anticipating a rate cut in the near future, which itself is a possible sign that economic growth is slowing. As such, inversions have been among the most reliable forecasters of recessions—at least here in the U.S., where each of the past seven recessions were preceded by an inversion. 

One of the best defensive positions, I believe, is gold bullion and gold mining stocks, which in the past have traded inversely to yields. When yields have risen, indicating less demand for a safe haven, gold prices have sunk. And when yields have fallen, indicating a risk-off sentiment, gold prices have climbed.

DYI:  Gold prices moving inversely with treasury yields, is not entirely correct.  Interest rates continuously moved downward from September of 1981 at 15.32% till July of 2016 at 1.50% and yet from 1980 to 2002 gold was in a bear market.  What is missing in his analysis is the Dow/Gold Ratio.  Back in 1980 gold peaked at almost a 1 for 1 ratio with the Dow showing very clearly gold had ended its secular bull and had turned bearish.

Dow/Gold Ratio as of 3/29/19 

20 to 1

10 year T-Bond as of 3/29/19

2.39%

Back in 1980 gold peaked at almost a 1 for 1 Dow/Gold Ratio showing very clearly gold had ended its secular bull and had turned bearish.  And off to the races with a massive bull market for stocks till the year 2000.  Of course nothing is forever and gold’s bear market ended around the same time as stocks were peaking clearly seen as overvaluation for stocks and massive undervaluation for gold with the Dow/Gold Ratio around 48 to 1.

Today the Dow/Gold Ratio is trading around its mean.  It is my judgment due to overvaluation measured by the Shiller PE at 30.29 to 1 stocks are way overvalued for gold/silver and the precious metals mining companies to have another upside run.

Shiller PE as of 3/29/19

30.29

Whether this is the beginning is to be seen.  However DYI is well positioned with 34% position for our model portfolio.

  Updated Monthly

AGGRESSIVE PORTFOLIO - ACTIVE ALLOCATION - 03/1/19

Active Allocation Bands (excluding cash) 0% to 50%

63% - Cash -Short Term Bond Index - VBIRX

34% -Gold- Global Capital Cycles Fund - VGPMX

 3% -Lt. Bonds- Long Term Bond Index - VBLTX

 0% -Stocks- Total Stock Market Index - VTSAX

[See Disclaimer]

 This blog site is not a registered financial advisor, broker or securities dealer and The Dividend Yield Investor is not responsible for what you do with your money.

This site strives for the highest standards of accuracy; however ERRORS AND OMISSIONS ARE ACCEPTED!

The Dividend Yield Investor is a blog site for entertainment and educational purposes ONLY.

The Dividend Yield Investor shall not be held liable for any loss and/or damages from the information herein.

Use this site at your own risk.

PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.

  DYI

America’s

Retirement Myth

New Reality

Work Until You Drop Dead!

Almost Half of Older Americans Have Zero in Retirement Savings

The bad news is that almost half of Americans approaching retirement have nothing saved in a 401(k) or other individual account. The good news is that the new estimate, from the U.S. Government Accountability Office, is slightly better than a few years earlier. 

Two in five of such households did have access to a traditional pension, also known as a defined benefit plan. However, 29 percent of older Americans had neither a pension nor any assets in a 401(k) or IRA account. 

“Social Security provides most of the income for about half of households age 65 and older,” the GAO said.

DYI

Bubble

News

The Staggering Amount Of Gold & Silver Investment Since The 2008 Financial Crisis

Yes, it’s frustrating to see the value of precious metals underperform the market while everything else seems to be heading toward the moon.  But, that in itself should give anyone with a decent amount of intellectual know-how the ability to sniff out that… 

SOMETHING JUST AIN’T RIGHT.  

For some odd reason, all the negative aspects of the economy, the massive debt, derivatives, and leverage are all but forgotten when all we do is focus on the highly inflated stock, bond, and real estate asset values. 

Unfortunately, the inability to see how the debt, derivatives, and leverage have created the biggest Global Ponzi Scheme in history will create the largest financial collapse ever witnessed, causing most investors to go bankrupt.  

It’s only a matter of time, and time is running out.

DYI:  When this collapse will occur is still uncertain however make no mistake the debt overhang is beyond comprehension ending in a deflationary smash.  Precious metals in the short term probably will dip in price when this smash begins but once investors realize gold and silver has zero counter party risk as opposed to stocks and bonds prices will then begin to soar.

So….Hold onto hats and buckle up for America and the world is in for an economic bumpy ride!

DYI

Bubble

News

The Countries with the Most Monstrous Corporate Debt Pileups. US Wimps out in 25th Place!

A narrower measure is nonfinancial corporate debt, which amounts to $15 trillion. This is up a breath-taking 40% from the prior peak in 2008. The Bank for International Settlements (BIS) uses this measure to compare how corporate debt stacks up in different countries. One of its measures is corporate debt denominated in local currency; and in order to determine the relative size of this debt, the BIS expresses it as a percent of nominal local-currency GDP. So Chinese debt in yuan as a percent of Chinese GDP in yuan. 

 By this measure, the US nonfinancial corporate debt-to-GDP ratio has ballooned to the highest ever: a stunning whopping 73.9% of GDP:

1.)  Luxembourg 222.9%

2.)  Hong Kong 222.9%

3.)  Ireland 195.3%

4.)  Netherlands 170.8%

5.)  Belgium 161.1%

6.)  Sweden 158.2%

7.)  China 152.9%

8.)  France 143.6%

9.)  Norway 135.4%

10.)  Switzerland 118.0%

11.)  Finland 115.1%

12.)  Singapore 114.9%

13.)  Canada 113.2%

14.)  Denmark 111.8%

15.)  Portugal 101.4%

16.)  Japan 101.2%

17.)  South Korea 101.2%

18.)  Chile 96.3%

19.)  Spain 93.7%

20.)  Austria 89.9%

21.)  New Zealand 83.8%

22.)  United Kingdom 83.3%

23.)  Turkey 80.3%

24.)  Australia 74.7%

25.)  United States 73.9%

DYI:  Germany did not make the list however their 10 year treasury bond has now gone negative in yield.  It is safe to say that Central Europe is back in recession.  As this downturn spreads with all of this corporate debt someone is going to default creating a cascade effect.  How well the banks world wide will stand up to this pressure is to be seen.  It does appear they are in much better shape since the last downturn.

DYI is anticipating a 60% to 75% drop in the S&P 500 thus eliminating this massive overvaluation of equities.  Please note just a 50% decline would only bring stocks to their average or fair value.  This shows how overvalued the American market is.

At the expense of sounding like a one trick pony the great wait remains but may have been shorten as I believe this market started its decline since September 20, 2018.  What we are currently witnessing is a classic bear market rally creating a bear trap to ensnare the "buy the tip" crowd.

If someone was to ask me after 40 plus years of market involvement what is the number one investment philosophy you have learned?  It is simply this.  Downside protection is far more important than the upside.  Simple arithmetic [its not even math] for a 50% loss nullifies a 100% gain.  Or if you have a 50% loss it takes a 100% gain just to break even.  And how do I know when to increase or decrease positions whether it is stocks, long term bonds, cash or gold?  Valuation is the key to downside protection and for the upside as well.

 Updated Monthly

AGGRESSIVE PORTFOLIO - ACTIVE ALLOCATION - 03/1/19

Active Allocation Bands (excluding cash) 0% to 50%

63% - Cash -Short Term Bond Index - VBIRX

34% -Gold- Global Capital Cycles Fund - VGPMX

 3% -Lt. Bonds- Long Term Bond Index - VBLTX

 0% -Stocks- Total Stock Market Index - VTSAX

[See Disclaimer]

 This blog site is not a registered financial advisor, broker or securities dealer and The Dividend Yield Investor is not responsible for what you do with your money.

This site strives for the highest standards of accuracy; however ERRORS AND OMISSIONS ARE ACCEPTED!

The Dividend Yield Investor is a blog site for entertainment and educational purposes ONLY.

The Dividend Yield Investor shall not be held liable for any loss and/or damages from the information herein.

Use this site at your own risk.

PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.

 DYI

Christchurch

Shooting hoax

Miles Mathis

Christchurch Part 1

Christchurch Part 2

DYI:  Here we go again with another staged faked mass shooting this time in New Zealand but heavily promoted here in the U.S. all for its maximum propaganda effect.  Think this is all for gun control legislation whether here in the States or New Zealand?  Think again…Before we get into that here is some background from Miles Mathis regarding the New Zealand faked shooting dog and pony show.

You may also remember the 1990 Aramoana Massacre in New Zealand, near Dunedin. It was also faked, of course. There, many of the victims were. . . Percys. The Percys are Dukes of Northumberland, remember, involved in many prominent hoaxes over the centuries, and related to the families above. The fake shooter in Aramoana was a Gray. The Grays are also high up in the British peerage, and have been for nearly a thousand years. Think Earl Grey tea. Or Lady Jane Grey. And guess what, they are closely related to the Percys, also being from Northumberland. 

Plus, you may wish to visit the Wikipedia page on the Aramoana Massacre, since as of today you will find this: 

“After the shootings, sweeping changes were made to New Zealand's firearms legislation in 1992, including 10 year photographic licenses and tight restrictions on military style semi-automatic firearms.” 

So they already banned semi-automatic weapons in New Zealand 27 years ago. Those “tight restrictions” meant a ban for almost everyone except state security forces. Given that, why are we seeing Ardern all over the TV talking about banning semi-automatic weapons? What we’re hearing is misdirection from all over the place about how the Christchurch shooting is being used as a gun grab? As with Sandy Hook and the other faked events, this had nothing to do with grabbing guns. The guns allegedly used in Sandy Hook were already illegal, so new laws changed nothing there.

 DYI:  Here is the real reason for all of these faked shootings!

 This isn't about a gun grab. Just the reverse.  It is about creating more fear, will which cause higher gun sales. In the months after Sandy Hook we saw the biggest spike in gun sales in the US ever, greatly enriching the gun companies. There was another spike after Parkland.

Do your research and you will find these gun companies had all been bought out in the past twenty years.  Who owns them now? 

Take a guess. 

The owners are hiding behind gigantic investment groups like Fidelity, Blackrock, the big banks, etc., but we may assume it is the usual suspects: Rockefellers, Vanderbilts, Rothschilds, Cohens, Oppenheims, Schiffs, Astors, Morgans, Windsors, and so on.

List of Publicly Traded Firearm Companies Listed on U.S. Exchanges 

There are a handful of publicly traded mid and small-cap companies in the firearm, electronic weapon and ammunition category. Each of these companies is heavily involved in the design and manufacturing of their product lines which can include weapons, ammunition and the related accessories. While Axon (AAXN) does sell items to private consumers, a significant percentage of their revenue comes from sales of their weapons and technologies to law enforcement agencies. Also included on this list are retailers of firearms.

 Firearms, Ammunition and Electrical Weapons: Mid-Cap StocksOlin Corporation (OLN) (Chemicals; Winchester brand) 

Firearms, Ammunition and Electrical Weapons: Small-Cap StocksAmerican Outdoor Brands Corporation (AOBC) (Firearms and related products)Axon Enterprise, Inc. (AAXN) (Electronic weapons, body cameras)National Presto Industries, Inc. (NPK) (Housewares; ammunition)Sturm, Ruger & Company, Inc. (RGR) (Commercial sporting market)

 

Vista Outdoor Inc. (VSTO) (Sporting ammunition and firearms; outdoor accessories; golf rangefinders, performance eyewear) 

In addition to the stocks on major U.S. exchanges, there are a few firearms, weapons and ammunition companies traded on the OTC market. These stocks primarily fall into the penny stock category.  Lamperd Less Lethal Inc. (LLLI) (Manufacturer of less lethal weapons and ammunition)Security Devices International Inc. (SDEV) (Less lethal ammunition)VirTra Systems, Inc. (VTSI) (Firearms training: simulators, accessories and training scenarios)

DYI:  Notice as exampled by Sturm, Ruger and Co. their stock price began to climb just prior to the Sandy Hook Hoax December 14, 2012 as those who were in the know were prepositioning their purchases without having to chase leaping prices.

There is a secondary spin as salesmen and women storm school districts and University/Colleges attempting to sell bullet resistant glass windows, CCTV Networks, metal detectors, scanners and an assorted security services all driven by the fear they will be the next Sandy Hook or Parkland Douglas!  With 94,500 plus public schools and 14,000 plus Universities/colleges this is BIG BUSINESS.  I wouldn’t be surprised if there is a stampede of salespeople sweeping across New Zealand’s schools and Universities/Colleges attempting to sell their security products and services as well.

Back to Miles Mathis:

Hold the bucket and pass the wet wipes. Completely upside down to the truth, as usual. What Prime Minister Ardern has actually done is hire herself out to International Intelligence, reading their scripts—scripts written to blackwash white men, anyone who questions authority, and anyone who still believes in free speech.  In embracing these “Muslims”, she is actually embracing a cast of Jewish actors in robes and turbans, and attempting to brainwash New Zealand and the world into feeling solidarity with fake victims.  

From now on, anytime you see a CIA-front mosque, church, or synagogue, you are supposed to feel a swell of empathy and love, instead of a feeling of suspicion or revulsion. 

If New Zealanders knew the truth, they would be demanding the closure of those two mosques—not because of any xenophobia or hatred of Muslims; 

These mosques have now proved themselves to be CIA/Mossad/NZSIS fronts, spreading fear and chaos.

 Intelligence Services Civil War?

As usual, the Christchurch hoax is fantastically easy to blow, precisely because we are being fed information by CIA or some other entity. It is being blown on purpose from the inside, by people who don't like these fake events.

DYI:   For a few years I’ve been saying there is a turf war along with aligned elites for those who are going to control America.

Principally: Old Guard versus the Upstarts.  The Upstarts is Department of Homeland Security (DHS)/Transportation Security Agency (TSA) versus the Old Guard of the Central Intelligence Agency (CIA) and their side kicks Federal Bureau of Investigation (FBI).  It is my hunch CIA/FBI have been sabotaging these DHS/FEMA drills promoted as real in order to constantly out their dog and pony shows and embarrass them until Congress either does away with DHS/TSA or so severely defunds them they are left in name only leaving the Old Guard as the sole controller of America.

There are of course other intelligence services such as all of the military services.  They are playing both sides and constantly checking wind direction as nobody wants to be on the losing side. 

   DYI

Videos from 153news.net

Shell casings disappear @ New Zealand shooting

Dual Role Player- Christchurch NZ Hoax

Hell of a Coincidence - Christchurch NZ Hoax

The above video shows a police officer rolling over the suspect with total ease.  Actually what he rolled over was a training dummy that weighs far less!

ChristChurch NZ -Drill Meeting Found -Actors & New Shoe GOD -Joorasic MEH- 

New Zealand Trolls & The CGI SHT Show 720