investmentwatchblog--2020-07-01--Gerald Celente – Gold Spikes Economy Not Coming Back

In previous interviews on USAWatchdog.com , Gerald Celente , a top trends researcher and Publisher of The Trends Journal , predicted that when gold reached $ 1,485 per ounce , that it would begin to take off and never look back .
It looks like that prediction has come true .
Now , Celente says look for gold to be going much higher .
Celente says , “ You look at gold prices .
Look at where gold prices are going .
How long have I been saying this ?
When all this began , I said boom , you @ @ @ @ @ @ @ and now it ’ s around $ 1,800 per ounce .
Silver is going to follow when gold breaks $ 2,000 per ounce .
It ’ s because this economy is going down , and it ’ s not coming back .
According to Yelp , 53 % of the restaurants will not be reopening .
On average , 43 % of the businesses won ’ t be reopening , and the bigs are going to gobble it up .
Here ’ s a headline , ‘ Big hotels could benefit from aid.
@ @ @ @ @ @ @ billions and billions of dollars are going to big hotels .
.
.
.
Why are the markets up ?
The Federal Reserve is going to pump money into our big guys who got richer by about $ 650 billion since this started .
We are all becoming workers on the plantation of ‘ Slavelandia , ’ and here are some crumbs for you.
” Celente says the Democrat party are now communists and Marxists , and he thinks they will employ their tactics .
Celente predicts , “ You are going to @ @ @ @ @ @ @ before this summer .
You are going to see police against the people , and it ’ s going to become more militarized as it becomes more violent .
If we don ’ t unite for peace and restore freedom , America is dead.
” In closing , Celente thinks Trump can win a second term and says , “ All he has to do is win the swing states .
That ’ s it .
”

In previous interviews on USAWatchdog.com, Gerald Celente, a top trends researcher and Publisher of The Trends Journal, predicted that when gold reached $1,485 per ounce, that it would begin to take off and never look back. It looks like that prediction has come true. Now, Celente says look for gold to be going much higher. Celente says, “You look at gold prices. Look at where gold prices are going. How long have I been saying this? When all this began, I said boom, you are going to see gold spike, and now it’s around $1,800 per ounce. Silver is going to follow when gold breaks $2,000 per ounce. It’s because this economy is going down, and it’s not coming back. According to Yelp, 53% of the restaurants will not be reopening. On average, 43% of the businesses won’t be reopening, and the bigs are going to gobble it up. Here’s a headline, ‘Big hotels could benefit from aid.’ That’s right, more billions and billions of dollars are going to big hotels. . . . Why are the markets up? The Federal Reserve is going to pump money into our big guys who got richer by about $650 billion since this started. We are all becoming workers on the plantation of ‘Slavelandia,’ and here are some crumbs for you.”
Celente says the Democrat party are now communists and Marxists, and he thinks they will employ their tactics. Celente predicts, “You are going to see violence like we have never seen before this summer. You are going to see police against the people, and it’s going to become more militarized as it becomes more violent. If we don’t unite for peace and restore freedom, America is dead.”
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In closing, Celente thinks Trump can win a second term and says, “All he has to do is win the swing states. That’s it.”


investmentwatchblog--2020-07-01--CLOWN WORLD: Dems Seek To Impeach Barr For Violating The Constitutional Rights Of Rioters… NYC Counc

CLOWN WORLD: Dems Seek To Impeach Barr For Violating The Constitutional Rights Of Rioters… NYC Council Approves $1 Billion Dollar Cut to NYPD

Congressman Steve Cohen , R-TN , brought the measure to the House floor with the support of 35 co-sponsors .
The group alleges that “ Attorney General Barr has undermined our judicial system and perverted the rule of law.
” He added , “ In the past few weeks alone , Barr has ordered the attack on peaceful protestors in Lafayette Park , in violation of their constitutional rights , and moved to drop charges against Michael Flynn , the President ’ s former campaign advisor , despite his guilty pleas .
He fired without any explanation the U.S. Attorney @ @ @ @ @ @ @ who was overseeing investigations into the President ’ s associates and possibly the President himself.
” Reparations Now : Why White People Must Join The Call To Pay Reparations For Slavery Importantly , however , the call for that redemption of justice shouldn ’ t be made only by the descendants of Black individuals that have been systemically wronged and oppressed – white Americans , including men like me , have a special , and unquestionable , responsibility to take up the cause of reparations , and help make them happen .
THE @ @ @ @ @ @ @ to Expose the Fraud That Launched BLM .

House Dems Introduce Resolution To Impeach AG Barr
Congressman Steve Cohen, R-TN, brought the measure to the House floor with the support of 35 co-sponsors. The group alleges that “Attorney General Barr has undermined our judicial system and perverted the rule of law.”
He added, “In the past few weeks alone, Barr has ordered the attack on peaceful protestors in Lafayette Park, in violation of their constitutional rights, and moved to drop charges against Michael Flynn, the President’s former campaign advisor, despite his guilty pleas. He fired without any explanation the U.S. Attorney in the Southern District of New York who was overseeing investigations into the President’s associates and possibly the President himself.”
#BREAKING: NYC Council approves $1 Bil cut to #NYPD — Sean Langille (@SeanLangille) July 1, 2020
Reparations Now: Why White People Must Join The Call To Pay Reparations For Slavery
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Importantly, however, the call for that redemption of justice shouldn’t be made only by the descendants of Black individuals that have been systemically wronged and oppressed – white Americans, including men like me, have a special, and unquestionable, responsibility to take up the cause of reparations, and help make them happen.
CLOWN WORLD: Wal-Mart Removing “All Lives Matter” Merchandise
THE TIME IS FRANKLY WELL PAST: Time to Expose the Fraud That Launched BLM.
h/t CrsCrpr


investmentwatchblog--2020-07-01--I’m a conservative. And I’ve had ENOUGH.

Had to be said .

Had to be said.
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investmentwatchblog--2020-07-01--Why is Romney Supporting Democrats Against his Own Party?

Mit Romney has long been suspected of not being exactly above question .
He was the only person in the Republicans to vote to Impeach Trump .
The former Republican presidential nominee has isolated himself from Republicans in the Senate , in his home state , and across the country .
How his team is going to announce that they no longer support the Republicans and are endorsing Joe Biden .
This has been a serious question with respect to Romney that he is not someone who really stands for much of anything other than himself and perhaps like Helmut @ @ @ @ @ @ @ we discover he had secreted millions in Swiss accounts that were given to him supposedly for party contributions that were funneled off to personal accounts .
The fact that Romney ’ s people would even support Joe Biden when everyone behind the curtain thinks he is incompetent to be president which is why they are keeping him in the basement most the time , raises serious questions about the integrity of Romney .
Politics is just so disgusting anymore you have to wonder how much more will the people take before they do @ @ @ @ @ @ @

by Martin Armstrong
Mit Romney has long been suspected of not being exactly above question. He was the only person in the Republicans to vote to Impeach Trump. The former Republican presidential nominee has isolated himself from Republicans in the Senate, in his home state, and across the country. How his team is going to announce that they no longer support the Republicans and are endorsing Joe Biden. This has been a serious question with respect to Romney that he is not someone who really stands for much of anything other than himself and perhaps like Helmut Kohl which only after his death did we discover he had secreted millions in Swiss accounts that were given to him supposedly for party contributions that were funneled off to personal accounts. The fact that Romney’s people would even support Joe Biden when everyone behind the curtain thinks he is incompetent to be president which is why they are keeping him in the basement most the time, raises serious questions about the integrity of Romney.
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Politics is just so disgusting anymore you have to wonder how much more will the people take before they do rise up in a full-blown revolution.


investmentwatchblog--2020-07-01--The Most Corrupt Election in History

The Most Corrupt Election in History

The Democrats have taken control of Virginia and already we see this pervasive move to corrupt the election process in the United States by NOT requiring any photo ID to vote .
I have stated before that I had the mandate from Hong Kong to try to negotiate with the Australian government to buy land before the handover back to China .
I met with the former Prime Minister Paul Keating .
Every proposal I offered was rejected which made no sense .
I finally bluntly asked what was the problem , “ Is this a racist issue ?
” @ @ @ @ @ @ @ explaining that they were fleeing communism and as such if he allowed them to enter it would change the demographics and they would vote conservative when he was a Labour government .
This is the same clever tactics behind the Democrats moving to allow anyone to vote by mail and no photo ID required .
They do not care how they win and the more illegal aliens they allow in and protect , the more they will vote for them to retain power over real Americans .
Socrates has forecast that this is @ @ @ @ @ @ @ in American history and with each passing day , there is another step toward making this forecast come to pass .
Beginning October 1st , 2020 , every air traveler 18 years of age and older will need a REAL ID-compliant driver ’ s license or another acceptable form of ID like a passport to fly within the United States .
REAL ID-compliant cards are generally marked with a star located in the upper portion of the card .
This is to ensure that you produced real identification to obtain the ID .
@ @ @ @ @ @ @ law passed by Congress after 9/11 that establishes new security requirements for state-issued driver ’ s licenses and identity cards when they are used for certain federal purposes , like entering a federal building or boarding a domestic flight .
The law was passed in 2005 , but the Department of Homeland Security has given states time to adapt to the new technology by next year .
Most states already issue the updated IDs ( generally indicated by a gold star ) .
What is really amazing is that you can not travel @ @ @ @ @ @ @ places want your REAL-ID with your credit card to prove it is not stolen .
And you can not even enter some government buildings without a REAL-ID .
But the Democrats , desperate to win , say no REAL-ID is necessary to vote .
Some states may ask you to sign a form affirming your identity .
Other states will let you cast a provisional ballot .
States use provisional ballots when there is a question about a voter ’ s eligibility .
States keep provisional ballots separate until they decide whether they @ @ @ @ @ @ @ they will investigate a voter ’ s eligibility .
They may also compel you to show an acceptable form of ID within a few days .
If you don ’ t , your provisional ballot won ’ t count .
But these rules vary greatly between states .
There is certainly the possibility that this entire election ends up back in the Supreme Court .

by Martin Armstrong
The Democrats have taken control of Virginia and already we see this pervasive move to corrupt the election process in the United States by NOT requiring any photo ID to vote. I have stated before that I had the mandate from Hong Kong to try to negotiate with the Australian government to buy land before the handover back to China. I met with the former Prime Minister Paul Keating. Every proposal I offered was rejected which made no sense. I finally bluntly asked what was the problem, “Is this a racist issue?” He responded, “No,” explaining that they were fleeing communism and as such if he allowed them to enter it would change the demographics and they would vote conservative when he was a Labour government.
This is the same clever tactics behind the Democrats moving to allow anyone to vote by mail and no photo ID required. They do not care how they win and the more illegal aliens they allow in and protect, the more they will vote for them to retain power over real Americans. Socrates has forecast that this is going to be the most corrupt election in American history and with each passing day, there is another step toward making this forecast come to pass.
Beginning October 1st, 2020, every air traveler 18 years of age and older will need a REAL ID-compliant driver’s license or another acceptable form of ID like a passport to fly within the United States. REAL ID-compliant cards are generally marked with a star located in the upper portion of the card. This is to ensure that you produced real identification to obtain the ID.
We are primarily funded by readers. Please subscribe and donate to support us!
The REAL ID Act is a federal law passed by Congress after 9/11 that establishes new security requirements for state-issued driver’s licenses and identity cards when they are used for certain federal purposes, like entering a federal building or boarding a domestic flight. The law was passed in 2005, but the Department of Homeland Security has given states time to adapt to the new technology by next year. Most states already issue the updated IDs (generally indicated by a gold star).
What is really amazing is that you cannot travel without proving who you are. Many places want your REAL-ID with your credit card to prove it is not stolen. And you cannot even enter some government buildings without a REAL-ID. But the Democrats, desperate to win, say no REAL-ID is necessary to vote.
Some states may ask you to sign a form affirming your identity. Other states will let you cast a provisional ballot. States use provisional ballots when there is a question about a voter’s eligibility. States keep provisional ballots separate until they decide whether they should count. To do so, they will investigate a voter’s eligibility. They may also compel you to show an acceptable form of ID within a few days. If you don’t, your provisional ballot won’t count. But these rules vary greatly between states. There is certainly the possibility that this entire election ends up back in the Supreme Court.


investmentwatchblog--2020-07-01--Big Oil’s Nightmare Is Coming True

Big Oil’s Nightmare Is Coming True

Royal Dutch Shell said that it could cut the value of its oil and gas assets by as much as $ 22 billion , as it takes a dim view of the state of the oil market .
The move adds more evidence to the notion that a huge slice of oil reserves will wind up as stranded assets .
Shell cut its Brent oil prices forecast from $ 60 per barrel to $ 35 for this year , and lowered its 2021 and 2022 forecasts to $ 40 and $ 50 per barrel , respectively , down from $ @ @ @ @ @ @ @ the expected damage to the oil market due to the coronavirus and the negative impacts on the global economy , Shell said .
As a result , the value of Shell ’ s assets will be cut by between $ 15 and $ 22 billion .
Broken down by segment , Shell ’ s integrated gas unit will take an $ 8 to $ 9 billion hit , mostly related to Australian LNG assets , including its gargantuan Prelude project , a floating LNG vessel , which came in over budget and is @ @ @ @ @ @ @ .
Shell ’ s upstream unit will be impaired by $ 4 to $ 6 billion , a cut related to Brazil and U.S. shale .
Finally , its refining portfolio will be reduced by $ 3 to $ 7 billion .
Shell ’ s gearing , a ratio of equity to debt , will rise by 3 percent due to the impairment .
The massive write down is the company ’ s largest in more than a decade , and it comes a week after BP also announced a major $ 17.5 @ @ @ @ @ @ @ down is a “ wake up call ” for the industry , according to Credit Suisse .
In April , Shell cut its dividend by two-thirds , upending a longstanding position by the majors to protect shareholder payouts at all costs .
It was the first cut to its dividend in about 75 years .
The devaluation of large segments of the oil majors ’ business operations is not only a reflection of a temporary downturn in the oil market .
The majors are essentially acknowledging that a substantial portion of their oil @ @ @ @ @ @ @ left in the ground .
Calls to avoid “ stranded assets ” have floated around for years , sometimes by environmental groups , but increasingly from investor groups and shareholders .
Now , the majors themselves are recognizing the reality of stranded assets .
“ It ’ s about fundamental change hitting the entire oil and gas sector , ” Luke Parker , vice president , corporate analysis at consulting firm Wood Mackenzie , told the Wall Street Journal .
“ Within this write down , Shell is giving us a message about @ @ @ @ @ @ @ a few weeks ago.
” Shell ’ s CEO Ben van Beurden recently said that the company would announce a major restructuring of the company by the end of the year intended to reorient its operations to prepare for the coming energy transition .
BP has already professed a commitment to transitioning to a low-carbon company .
The British oil major just announced that it was selling off its entire petrochemical unit , although that move likely has more to do with an effort to raise cash .
Indeed , there are questions @ @ @ @ @ @ @ transformation go , as Drilled News has reported .
While BP and Shell struggle with how to deal with these stranded assets , Exxon Mobil is so far ignoring the issue and has yet to write down any shale assets .
Some accounting experts say Exxon ’ s stubborn refusal to cut the value of its assets amounts to fraud , according to the Wall Street Journal .
A former accountant at the company told the WSJ that Exxon ’ s refusal to impair part of XTO Energy is part of an “ @ @ @ @ @ @ @ $ 31 billion purchase of XTO more than a decade ago is widely considered a colossal failure .
Exxon bought the shale gas driller at the top of the market .
The accountant said that the value of XTO should probably be cut by at least $ 17 billion , and that Exxon should probably take another $ 20 billion write down on its other assets .
He has sent repeated complaints to the Justice Department over Exxon ’ s accounting practices .
Exxon has denied the allegations .
More broadly , the @ @ @ @ @ @ @ as the energy transition appears to be accelerating .
Deloitte said that the industry could write-down another $ 300 billion in assets , after impairing $ 450 billion over the past 15 years .

By Nick Cunningham
Royal Dutch Shell said that it could cut the value of its oil and gas assets by as much as $22 billion, as it takes a dim view of the state of the oil market. The move adds more evidence to the notion that a huge slice of oil reserves will wind up as stranded assets. Shell cut its Brent oil prices forecast from $60 per barrel to $35 for this year, and lowered its 2021 and 2022 forecasts to $40 and $50 per barrel, respectively, down from $60 previously. The lower outlook reflects the expected damage to the oil market due to the coronavirus and the negative impacts on the global economy, Shell said.
As a result, the value of Shell’s assets will be cut by between $15 and $22 billion. Broken down by segment, Shell’s integrated gas unit will take an $8 to $9 billion hit, mostly related to Australian LNG assets, including its gargantuan Prelude project, a floating LNG vessel, which came in over budget and is now underutilized in a weak LNG market. Shell’s upstream unit will be impaired by $4 to $6 billion, a cut related to Brazil and U.S. shale. Finally, its refining portfolio will be reduced by $3 to $7 billion.
Shell’s gearing, a ratio of equity to debt, will rise by 3 percent due to the impairment.
The massive write down is the company’s largest in more than a decade, and it comes a week after BP also announced a major $17.5 billion impairment. Shell’s write down is a “wake up call” for the industry, according to Credit Suisse.
In April, Shell cut its dividend by two-thirds, upending a longstanding position by the majors to protect shareholder payouts at all costs. It was the first cut to its dividend in about 75 years.
The devaluation of large segments of the oil majors’ business operations is not only a reflection of a temporary downturn in the oil market. The majors are essentially acknowledging that a substantial portion of their oil and gas reserves are going to be left in the ground. Calls to avoid “stranded assets” have floated around for years, sometimes by environmental groups, but increasingly from investor groups and shareholders. Now, the majors themselves are recognizing the reality of stranded assets.
“It’s about fundamental change hitting the entire oil and gas sector,” Luke Parker, vice president, corporate analysis at consulting firm Wood Mackenzie, told the Wall Street Journal. “Within this write down, Shell is giving us a message about stranded assets, just like BP did a few weeks ago.”
We are primarily funded by readers. Please subscribe and donate to support us!
Shell’s CEO Ben van Beurden recently said that the company would announce a major restructuring of the company by the end of the year intended to reorient its operations to prepare for the coming energy transition.
BP has already professed a commitment to transitioning to a low-carbon company. The British oil major just announced that it was selling off its entire petrochemical unit, although that move likely has more to do with an effort to raise cash. Indeed, there are questions about how deep the plans for a transformation go, as Drilled News has reported.
While BP and Shell struggle with how to deal with these stranded assets, Exxon Mobil is so far ignoring the issue and has yet to write down any shale assets.
Some accounting experts say Exxon’s stubborn refusal to cut the value of its assets amounts to fraud, according to the Wall Street Journal. A former accountant at the company told the WSJ that Exxon’s refusal to impair part of XTO Energy is part of an “arrogant, aberrant, long-standing…posture.”
The $31 billion purchase of XTO more than a decade ago is widely considered a colossal failure. Exxon bought the shale gas driller at the top of the market. The accountant said that the value of XTO should probably be cut by at least $17 billion, and that Exxon should probably take another $20 billion write down on its other assets. He has sent repeated complaints to the Justice Department over Exxon’s accounting practices. Exxon has denied the allegations.
More broadly, the oil industry could see much larger write-downs as the energy transition appears to be accelerating. Deloitte said that the industry could write-down another $300 billion in assets, after impairing $450 billion over the past 15 years.
By Nick Cunningham of Oilprice.com


investmentwatchblog--2020-07-01--Oil Markets On Edge As Second Wave Hits

Oil Markets On Edge As Second Wave Hits

Oil is in the midst of a tug-of-war , with accelerating COVID-19 transmissions and a recovery in demand pulling prices in all directions .
– U.S. commercial oil inventories reached an all-time high of 541 million barrels for the week ending on June 19 , breaking a record last set in March 2017 .
These numbers exclude the SPR .
– As of June 19 , inventories were at 62 percent of their total available storage capacity , according to the EIA .
– Inventories have increased by 64 million barrels since March 13 .
– Chesapeake Energy ( NYSE @ @ @ @ @ @ @ ( more below ) and sought a bankruptcy court to toss out $ 311 million in pipeline contracts , setting up a court battle with Energy Transfer ( NYSE : ET ) .
– More fallout from Chesapeake ’ s bankruptcy : Hi-Crush ( NYSE : HCR ) , a frack-sand miner , was already “ teetering on the edge of bankruptcy , ” according to BloombergLaw , but “ is in an even more precarious position after customer Chesapeake Energy Corp. went under.
” Oil continues to trade around $ 40 per @ @ @ @ @ @ @ play – continued economic rebound creates upward pressure but fears of accelerating Covid-19 transmission magnifies downside risk .
In the oil market , the possibility of new Libyan oil is offset by tighter compliance from OPEC+ .
Shell takes $ 22 billion write down .
Royal Dutch Shell ( NYSE : RDS.A ) said it would write down $ 22 billion , as it revised down its assumed oil price in the years to come .
The writedown included an $ 8- $ 9 billion impairment in its integrated gas unit , $ @ @ @ @ @ @ @ and $ 3- $ 7 billion in its refining portfolio .
The move will increase deb gearing by 3 percent .
Chesapeake Energy files for bankruptcy .
Chesapeake Energy ( NYSE : CHK ) is arguably the highest-profile shale driller to succumb to bankruptcy to date .
The company will continue to operate six to eight rigs for the next two years , about half of the number of rigs from the first quarter .
The bankruptcy will wipe out $ 7 billion in debt .
Chesapeake reported a first-quarter loss of $ @ @ @ @ @ @ @ to host July 9 international clean energy summit for governments .
China , India , the European Union and the United States will join other countries in a “ green recovery ” summit hosted by the IEA .
The agency is pushing the world to undertake green stimulus .
“ Even if governments do not take climate change as a key priority , they should still implement our sustainable recovery plan just to create jobs and to give economic growth .
Renovating buildings , for instance , is a job machine , ” @ @ @ @ @ @ @ .
Related : Suppliers Fight For Dominance In This Crucial Gas Market Reuters poll : Brent to average $ 40 this year .
A Reuters survey of 45 analysts finds an average Brent price of $ 40 per barrel for 2020 , with price gains towards the end of 2020 and into 2021 .
ExxonMobil makes job cuts .
ExxonMobil ( NYSE : XOM ) is preparing to let go between 5 % and 10 % of its US-based employees subject to performance reviewed , anonymous sources told BNN Bloomberg .
Frack crews @ @ @ @ @ @ @ frack crews , which bottomed out at 45 last month , has since jumped to 78 last week , according to industry consultant Primary Vision Inc. and Bloomberg .
Libyan oil could resume .
Negotiations between the U.S. and regional governments in the Middle East could pave the way for oil exports .
BP to sell petrochemical business to Ineos for $ 5 billion .
BP ( NYSE : BP ) agreed to sell off its entire petrochemical unit to Ineos for $ 5 billion .
The oil market downturn has accelerated BP @ @ @ @ @ @ @ low-carbon energy company .
The oil company ’ s shares jumped on the news .
Exxon reports spill at Beaumont refinery .
ExxonMobil ( NYSE : XOM ) reported that a storage tank ’ s floating roof at its Beaumont , Texas refinery broke and spilled thousands of pounds of chemicals .
Iraq cuts June oil exports .
Iraq ’ s oil exports declined by 9 percent – or 310,000 bpd – in June , according to Reuters .
“ This is the lowest level of Basra exports in five years , ” @ @ @ @ @ @ @ told Reuters .
“ But Iraq still needs to cut by a further 300,000 bpd to achieve full compliance ” with the OPEC+ agreement .
Satellites reveal new methane leaks .
New satellite data from Kayrros found that methane leaking from the Yamal pipeline that carries natural gas from Siberia to Europe was leaking 93 tonnes of methane every hour , or the equivalent annual CO2 of 15,000 cars .
That was one data point in a series of new findings that suggest that methane leak data over the past decade understates the @ @ @ @ @ @ @ admin cuts royalty rates .
The Trump administration cut royalty rates for drilling on public lands from 12.5 percent of sales to 0.5 percent , according to the FT .
The cuts negatively impact state budgets .
Second wave of Covid in China could derail oil recovery .
China ’ s oil demand has rebounded rapidly to about 90 percent of pre-Covid levels .
If measures to contain a recent outbreak in Beijing fail , by mid-July the city could move into a stricter lockdown phase .
Related : China ’ s Oil @ @ @ @ @ @ @ High Natural gas shut-ins possible .
Natural gas prices plunged below $ 1.50/MMBtu last week , even as prices rebounded sharply on Monday .
LNG cancellations could back up supply within the U.S. , exacerbating a glut .
Goldman Sachs says that shut-ins are now incorporated into the bank ’ s “ base case , ” rather than a remote risk .
New oil benchmarks to challenge WTI .
S & P Global Platts launched the Platts American GulfCoast Select ( AGS ) crude benchmark , which would better reflect waterborne light sweet @ @ @ @ @ @ @ which is landlocked .
Also , Argus launched the Argus AGS , with a similar profile .
House Democrats launch cleantech bill .
House Democrats will unveil legislation on Tuesday that calls for 100 percent clean cars by 2035 .
Saudi Aramco promises to protect $ 75 billion in dividends .
Saudi Aramco will have totake on debt to finance its dividend , which , at nearly $ 75 billion , is more than all of the dividend payouts from the oil majors combined .
Renewables cheaper almost everywhere .
A new report @ @ @ @ @ @ @ “ virtually everywhere.
” Renewables plus batteries are even cheaper than one-third of existing coal plants .

By Josh Owens
Oil is in the midst of a tug-of-war, with accelerating COVID-19 transmissions and a recovery in demand pulling prices in all directions.
(Click to enlarge)
(Click to enlarge)
(Click to enlarge)
Chart of the Week
(Click to enlarge)
– U.S. commercial oil inventories reached an all-time high of 541 million barrels for the week ending on June 19, breaking a record last set in March 2017. These numbers exclude the SPR.
– As of June 19, inventories were at 62 percent of their total available storage capacity, according to the EIA.
– Inventories have increased by 64 million barrels since March 13.
Market Movers
– Chesapeake Energy (NYSE: CHK) filed for bankruptcy protection (more below) and sought a bankruptcy court to toss out $311 million in pipeline contracts, setting up a court battle with Energy Transfer (NYSE: ET).
– More fallout from Chesapeake’s bankruptcy: Hi-Crush (NYSE: HCR), a frack-sand miner, was already “teetering on the edge of bankruptcy,” according to BloombergLaw, but “is in an even more precarious position after customer Chesapeake Energy Corp. went under.”
– Lilis Energy (NYSEMKT: LLEX), a Fort Worth-based driller, filed for Chapter 11 bankruptcy protection.
Tuesday, June 30, 2020
Oil continues to trade around $40 per barrel. There are offsetting forces at play – continued economic rebound creates upward pressure but fears of accelerating Covid-19 transmission magnifies downside risk. In the oil market, the possibility of new Libyan oil is offset by tighter compliance from OPEC+.
Shell takes $22 billion write down. Royal Dutch Shell (NYSE: RDS.A) said it would write down $22 billion, as it revised down its assumed oil price in the years to come. The writedown included an $8-$9 billion impairment in its integrated gas unit, $4-$6 billion in upstream, and $3-$7 billion in its refining portfolio. The move will increase deb gearing by 3 percent.
Chesapeake Energy files for bankruptcy. Chesapeake Energy (NYSE: CHK) is arguably the highest-profile shale driller to succumb to bankruptcy to date. The company will continue to operate six to eight rigs for the next two years, about half of the number of rigs from the first quarter. The bankruptcy will wipe out $7 billion in debt. Chesapeake reported a first-quarter loss of $8.3 billion earlier this year.
We are primarily funded by readers. Please subscribe and donate to support us!
IEA to host July 9 international clean energy summit for governments. China, India, the European Union and the United States will join other countries in a “green recovery” summit hosted by the IEA. The agency is pushing the world to undertake green stimulus. “Even if governments do not take climate change as a key priority, they should still implement our sustainable recovery plan just to create jobs and to give economic growth. Renovating buildings, for instance, is a job machine,” the IEA’s Fatih Birol said.
Related: Suppliers Fight For Dominance In This Crucial Gas Market
Reuters poll: Brent to average $40 this year. A Reuters survey of 45 analysts finds an average Brent price of $40 per barrel for 2020, with price gains towards the end of 2020 and into 2021.
ExxonMobil makes job cuts. ExxonMobil (NYSE: XOM) is preparing to let go between 5% and 10% of its US-based employees subject to performance reviewed, anonymous sources told BNN Bloomberg.
Frack crews rise. The number of active U.S. frack crews, which bottomed out at 45 last month, has since jumped to 78 last week, according to industry consultant Primary Vision Inc. and Bloomberg.
Libyan oil could resume. Negotiations between the U.S. and regional governments in the Middle East could pave the way for oil exports.
BP to sell petrochemical business to Ineos for $5 billion. BP (NYSE: BP) agreed to sell off its entire petrochemical unit to Ineos for $5 billion. The oil market downturn has accelerated BP’s plans to transition into a low-carbon energy company. The oil company’s shares jumped on the news.
Exxon reports spill at Beaumont refinery. ExxonMobil (NYSE: XOM) reported that a storage tank’s floating roof at its Beaumont, Texas refinery broke and spilled thousands of pounds of chemicals.
Iraq cuts June oil exports. Iraq’s oil exports declined by 9 percent – or 310,000 bpd – in June, according to Reuters. “This is the lowest level of Basra exports in five years,” Daniel Gerber, CEO of Petro-Logistics, told Reuters. “But Iraq still needs to cut by a further 300,000 bpd to achieve full compliance” with the OPEC+ agreement.
Satellites reveal new methane leaks. New satellite data from Kayrros found that methane leaking from the Yamal pipeline that carries natural gas from Siberia to Europe was leaking 93 tonnes of methane every hour, or the equivalent annual CO2 of 15,000 cars. That was one data point in a series of new findings that suggest that methane leak data over the past decade understates the true scale of the problem.
Trump admin cuts royalty rates. The Trump administration cut royalty rates for drilling on public lands from 12.5 percent of sales to 0.5 percent, according to the FT. The cuts negatively impact state budgets.
Second wave of Covid in China could derail oil recovery. China’s oil demand has rebounded rapidly to about 90 percent of pre-Covid levels. If measures to contain a recent outbreak in Beijing fail, by mid-July the city could move into a stricter lockdown phase. Related: China’s Oil Imports From Saudi Arabia Jump To Record High
Natural gas shut-ins possible. Natural gas prices plunged below $1.50/MMBtu last week, even as prices rebounded sharply on Monday. LNG cancellations could back up supply within the U.S., exacerbating a glut. Goldman Sachs says that shut-ins are now incorporated into the bank’s “base case,” rather than a remote risk.
New oil benchmarks to challenge WTI. S&P Global Platts launched the Platts American GulfCoast Select (AGS) crude benchmark, which would better reflect waterborne light sweet crude from the Permian than WTI, which is landlocked. Also, Argus launched the Argus AGS, with a similar profile.
House Democrats launch cleantech bill. House Democrats will unveil legislation on Tuesday that calls for 100 percent clean cars by 2035.
Saudi Aramco promises to protect $75 billion in dividends. Saudi Aramco will have totake on debt to finance its dividend, which, at nearly $75 billion, is more than all of the dividend payouts from the oil majors combined.
Renewables cheaper almost everywhere. A new report finds that renewables are cheaper than coal “virtually everywhere.” Renewables plus batteries are even cheaper than one-third of existing coal plants.
By Josh Owens for Oilprice.com


investmentwatchblog--2020-07-01--Big Banks Win, You Lose (Volume 32,836)

Big Banks Win, You Lose (Volume 32,836)

Part of the 2010 Dodd-Frank Act , the “ Volcker Rule ” was intended to prevent big banks from taking irresponsible risks .
It ’ s named after a former Fed Chair , the late Paul Volcker , who used this concept to curb out-of-control inflation in the 1980s .
But in spite of an already-uncertain economy , regulators are now proposing to ease these rules .
According to CNBC : The amount of risk a big bank can take on is about to change , thanks to the easing of these regulations .
The same CNBC article points out @ @ @ @ @ @ @ floated earlier this year , will allow banks to invest more of their own capital in venture capital funds that invest in start-ups and small businesses alongside clients.
” So basically , the money you deposit into your bank account can be used by your bank for riskier investments that have greater potential of backfiring .
According to a ThinkAdvisor article , one of the reasons these changes were proposed in the first place was the difficulty in deciding which investments did or did not pass the Volcker Rule : Now that the @ @ @ @ @ @ @ 40 billion could be freed up .
It gives the impression of a “ backdoor bank bailout ” being given to banks , which were feeling financial pressure thanks to COVID-19 lockdowns .
But this easing of regulations doesn ’ t seem to do much for the consumer .
The Rule Change that Benefits Banks – But Not Much Else Retirement savers won ’ t likely benefit from this easing of bank regulations .
After all , you ’ re not going to see a penny of the $ 40 billion that could @ @ @ @ @ @ @ start becoming a sort of “ hedge fund ” thanks to the new changes , there is potential danger for you : If retirement savers could be left to foot the bill for risky investment practices on the part of big banks , that doesn ’ t seem like a fair trade when you get none of the profits .
One example of “ how it could go wrong ” already happened about eight years ago , according to American Banker : This brings into question how much power should be granted to @ @ @ @ @ @ @ horse has already left the barn .
These gains may benefit the banks and select investors in the short term , but at what cost over the long term ?
With banks being given more leeway to gamble , now is a good time to shore up your own retirement .
Follow the Banks ’ Example and Hedge Your Bets Now Big banks like loose regulations , so they can free up capital to hedge against the possibility of economic recession in the future .
So it ’ s a good idea to @ @ @ @ @ @ @ and hedge against potential economic unrest , too .
Reducing your risk exposure through diversification of assets is a good start .
Shoring up your retirement savings and making sure it can weather any potential storm is another good idea .

From Birch Gold Group
Part of the 2010 Dodd-Frank Act, the “Volcker Rule” was intended to prevent big banks from taking irresponsible risks.
It’s named after a former Fed Chair, the late Paul Volcker, who used this concept to curb out-of-control inflation in the 1980s.
But in spite of an already-uncertain economy, regulators are now proposing to ease these rules. According to CNBC:
The Volcker Rule was designed to prevent banks from acting like hedge funds. The general principle is that they are allowed to facilitate trades for clients, but not allowed to strap on risk for big proprietary bets.
The amount of risk a big bank can take on is about to change, thanks to the easing of these regulations.
The same CNBC article points out: “The change, which was floated earlier this year, will allow banks to invest more of their own capital in venture capital funds that invest in start-ups and small businesses alongside clients.”
So basically, the money you deposit into your bank account can be used by your bank for riskier investments that have greater potential of backfiring.
According to a ThinkAdvisor article, one of the reasons these changes were proposed in the first place was the difficulty in deciding which investments did or did not pass the Volcker Rule:
FDIC Chairwoman Jelena McWilliams argued when the final changes passed that simplifying the post-crisis Volcker Rule, ushered in by the Dodd-Frank Act in 2010, was needed, as Volcker has been “the most challenging to implement” for regulators and the industry. “Distinguishing between what qualifies as proprietary trading and what does not has proven to be extremely difficult,” she said.
Now that the changes are finalized, an estimated $40 billion could be freed up. It gives the impression of a “backdoor bank bailout” being given to banks, which were feeling financial pressure thanks to COVID-19 lockdowns.
But this easing of regulations doesn’t seem to do much for the consumer.
We are primarily funded by readers. Please subscribe and donate to support us!
The Rule Change that Benefits Banks – But Not Much Else
Retirement savers won’t likely benefit from this easing of bank regulations. After all, you’re not going to see a penny of the $40 billion that could get freed up.
But if banks start becoming a sort of “hedge fund” thanks to the new changes, there is potential danger for you:
Excessive proprietary trading can lead to banks’ failure and “incentivizes bankers to make the biggest bets because they get to use other people’s money (from taxpayer-backed deposits) and keep the winnings but shift any losses to the bank and taxpayers,” Kelleher says.
If retirement savers could be left to foot the bill for risky investment practices on the part of big banks, that doesn’t seem like a fair trade when you get none of the profits.
One example of “how it could go wrong” already happened about eight years ago, according to American Banker:
How much latitude banks should have to hedge became a focus of intense debate after a JPMorgan Chase trader known as the London Whale lost $6.2 billion betting on credit derivatives in 2012. JPMorgan characterized the trades as part of a strategy to balance risks on the bank’s balance sheet, but lawmakers expressed outrage over the magnitude of the losses.
This brings into question how much power should be granted to banks over their investments, but that horse has already left the barn.
These gains may benefit the banks and select investors in the short term, but at what cost over the long term? With banks being given more leeway to gamble, now is a good time to shore up your own retirement.
Follow the Banks’ Example and Hedge Your Bets Now
Big banks like loose regulations, so they can free up capital to hedge against the possibility of economic recession in the future.
So it’s a good idea to consider taking control of your own retirement and hedge against potential economic unrest, too. Reducing your risk exposure through diversification of assets is a good start.
Shoring up your retirement savings and making sure it can weather any potential storm is another good idea.


investmentwatchblog--2020-07-01--Massive Protests Will Rock Our Cities On July 4th As A Penumbral Lunar Eclipse Is Visible Above Amer

Massive Protests Will Rock Our Cities On July 4th As A Penumbral Lunar Eclipse Is Visible Above America

Organizers are planning on making July 4th one of the biggest protest days so far , and law enforcement authorities all over the nation are bracing for the potential for more violence .
Usually , July 4th is a day of great celebration in this country , but this year the mood is completely different , and many on the left are hoping to use one of our most important holidays to make a very memorable statement .
It is being anticipated that some of the largest protests will be in Washington D.C. , and the White House in particular @ @ @ @ @ @ @ One protest will end with large numbers of protesters “ occupying The Ellipse just south of the White House ” , and another protest which is being called a “ million man march ” will proceed directly in front of the White House and will end at the U.S. Capitol .
Meanwhile , a very unusual sign in the sky will occur on July 4th as well .
As long as clouds don ’ t block it , people all over the country will be able to view a penumbral lunar eclipse… On @ @ @ @ @ @ @ full moon will pass through part of Earth ’ s shadow , creating a lunar eclipse that will be visible across North America and South America .
This will be the first lunar eclipse visible from this part of the world since 2019 .
People in some places in Africa and western Europe will also be able to see part of the eclipse .
The eclipse will be the perfect celestial event for those across the United States staying up late after Independence Day fireworks , as long as clouds don ’ t @ @ @ @ @ @ @ having such an eclipse occur on the anniversary of our independence is a very bad omen for our nation ?
According to USA Today , this eclipse will begin very late on July 4th and will continue into the early hours of July 5th… If our founders could see us today , they would be absolutely horrified by what has happened to the republic that they established .
Most of the population has completely rejected the values that this country was founded upon , and there is no longer a single set of @ @ @ @ @ @ @ just about the only thing that we can all agree on is that most Americans are very , very angry… Americans are angry .
The country erupted into the worst civil unrest in decades after the death of George Floyd , and anger about police violence and the country ’ s legacy of racism is still running high .
At the same time , we ’ re dealing with anger provoked by the coronavirus pandemic : anger at public officials because they ’ ve shut down parts of society , or anger because @ @ @ @ @ @ @ curb the virus .
Anger about being required to wear a mask , or anger toward people who refuse to wear a mask .
Anger with anyone who doesn ’ t see things the “ right ” way .
“ We ’ re living , in effect , in a big anger incubator , ” said Raymond Novaco , a psychology professor at the University of California at Irvine , who has expertise in anger assessment and treatment .
Every day , there are more news stories about this anger spilling over into @ @ @ @ @ @ @ learned that a 60-year-old man was shot inside his own vehicle at a BLM rally in Provo , Utah… You can see video of this incident right here .
There is absolutely no need for such senseless violence , and those that are engaging in it are actually doing a great disservice to their cause .
Unfortunately , we are likely to see a lot more violence in the months ahead , and I have a feeling that the upcoming election will help bring things to a boiling point .
Even during the @ @ @ @ @ @ @ difficult to be a police officer in most of our major cities , and now things have gotten so much worse .
I am very thankful for all of the brave officers that put their lives on the line every single day , and millions of other Americans are very thankful for them as well .
But as the protesters , the mainstream media and many of our top politicians drag the entire profession through the mud day after day , this has caused police morale to drop to the lowest level that @ @ @ @ @ @ @ doubt this , just consider the words of the director of the Los Angeles Police Protective League… A lot of really good cops are going to leave the profession for good , and that is not a good thing for our country at all .
The level of hatred that we are witnessing all over America right now is extremely chilling , and it is rising with each passing day .
This is a time when Americans should be coming together in love , but instead people are seething with hatred everywhere I @ @ @ @ @ @ @ to end well , and at this point that should be glaringly obvious to everyone .

by Michael Snyder
Organizers are planning on making July 4th one of the biggest protest days so far, and law enforcement authorities all over the nation are bracing for the potential for more violence. Usually, July 4th is a day of great celebration in this country, but this year the mood is completely different, and many on the left are hoping to use one of our most important holidays to make a very memorable statement. It is being anticipated that some of the largest protests will be in Washington D.C., and the White House in particular has been chosen as a focus. One protest will end with large numbers of protesters “occupying The Ellipse just south of the White House”, and another protest which is being called a “million man march” will proceed directly in front of the White House and will end at the U.S. Capitol.
Meanwhile, a very unusual sign in the sky will occur on July 4th as well. As long as clouds don’t block it, people all over the country will be able to view a penumbral lunar eclipse…
On the night of July 4, the full moon will pass through part of Earth’s shadow, creating a lunar eclipse that will be visible across North America and South America. This will be the first lunar eclipse visible from this part of the world since 2019. People in some places in Africa and western Europe will also be able to see part of the eclipse. The eclipse will be the perfect celestial event for those across the United States staying up late after Independence Day fireworks, as long as clouds don’t interfere.
Could it be possible that having such an eclipse occur on the anniversary of our independence is a very bad omen for our nation?
According to USA Today, this eclipse will begin very late on July 4th and will continue into the early hours of July 5th…
The eclipse will begin Saturday at 11:07 p.m. EDT and last until 1:52 a.m. EDT on July 5. The best time to look will be about 12:30 a.m. EDT during the middle of the event, according to AccuWeather.
If our founders could see us today, they would be absolutely horrified by what has happened to the republic that they established.
Most of the population has completely rejected the values that this country was founded upon, and there is no longer a single set of values that unites us.
Instead, just about the only thing that we can all agree on is that most Americans are very, very angry…
Americans are angry. The country erupted into the worst civil unrest in decades after the death of George Floyd, and anger about police violence and the country’s legacy of racism is still running high. At the same time, we’re dealing with anger provoked by the coronavirus pandemic: anger at public officials because they’ve shut down parts of society, or anger because they aren’t doing enough to curb the virus. Anger about being required to wear a mask, or anger toward people who refuse to wear a mask. Anger with anyone who doesn’t see things the “right” way. “We’re living, in effect, in a big anger incubator,” said Raymond Novaco, a psychology professor at the University of California at Irvine, who has expertise in anger assessment and treatment.
Every day, there are more news stories about this anger spilling over into violence.
We are primarily funded by readers. Please subscribe and donate to support us!
For example, today we learned that a 60-year-old man was shot inside his own vehicle at a BLM rally in Provo, Utah…
A 60-year-old man was put into the hospital after a protester fired a shot into his SUV at a Provo, Utah BLM rally on Monday. Footage shows a white Ford Excursion pushing its way past a group of protesters blocking the intersection of Center Street and North University. As the driver is nearly free of the group, a masked man dressed in black-bloc attire can be seen firing a handgun into the cab.
You can see video of this incident right here. There is absolutely no need for such senseless violence, and those that are engaging in it are actually doing a great disservice to their cause.
Unfortunately, we are likely to see a lot more violence in the months ahead, and I have a feeling that the upcoming election will help bring things to a boiling point.
Even during the best of times, it is very difficult to be a police officer in most of our major cities, and now things have gotten so much worse.
I am very thankful for all of the brave officers that put their lives on the line every single day, and millions of other Americans are very thankful for them as well. But as the protesters, the mainstream media and many of our top politicians drag the entire profession through the mud day after day, this has caused police morale to drop to the lowest level that we have ever seen. If you doubt this, just consider the words of the director of the Los Angeles Police Protective League…
Robert Harris, the director of the Los Angeles Police Protective League, told CBS Los Angeles that officers feel “beaten” and “bruised” by the ongoing protests. That was corroborated by a Breitbart News source within the LAPD, who said: “Morale across the rank-and-file is at a record low. Especially out on the street in patrol. We have been vilified and abandoned by the mayor, all but three of the city council members, as well as many business owners and residents of the city of Los Angeles.”
A lot of really good cops are going to leave the profession for good, and that is not a good thing for our country at all.
The level of hatred that we are witnessing all over America right now is extremely chilling, and it is rising with each passing day.
This is a time when Americans should be coming together in love, but instead people are seething with hatred everywhere I look.
This isn’t going to end well, and at this point that should be glaringly obvious to everyone.


investmentwatchblog--2020-07-01--Is The Nationwide Coin Shortage Being Used To Push Us Toward A Cashless Society?

The coin shortage in the United States is becoming quite severe , and a lot of people are deeply concerned about where this might be leading us .
But if you don ’ t run a business or deal with coins on a regular basis , you may not even know that it is happening .
On Monday , my wife told me that a lot of people on Facebook were talking about this nationwide coin shortage , and then on Tuesday Ricky Scaparo posted a couple of news stories about it , so I decided that I better start @ @ @ @ @ @ @ coin shortage is going to be used to push us toward a cashless society , that makes it a really big deal .
What I discovered is that this coin shortage has actually been intensifying for quite a few weeks , and on June 11th the Federal Reserve issued a statement in which they announced that coin rationing would begin on June 15th… It turns out that the rationing has been a lot stricter than many people originally anticipated .
One small bank in Tennessee that would normally use “ 400 to 500 @ @ @ @ @ @ @ now only being given 100 rolls per week… Businesses of all types rely on their banks to supply them with the change they need for their customers , and now many of those businesses are being forced to make major changes because of this coin shortage .
In fact , it is being reported that some businesses around the country are starting to put up signs asking their customers to either pay with exact change or with a card… First to go were masks , then toilet paper and now there ’ s @ @ @ @ @ @ @ on Oakwood Ave. has a sign asking customers to pay in exact change or by card .
According to the First News Now Facebook , several residents across Tioga County , Pennsylvania mentioned that there ’ s a coin shortage throughout the area .
Some businesses , like Lowes in Mansfield , Pennsylvania , have posted signs in their stores to inform their customers before they check out with their purchases .
And I was stunned to hear that cash has been “ temporarily ” banned at all Meijer self-checkout lanes… Hopefully this @ @ @ @ @ @ @ this coronavirus pandemic begins to fade , but right now there are no indications that this pandemic is going to fade any time soon .
The mainstream media keeps telling us that the pandemic is getting worse , and the number of new cases being reported around the world has been surging in recent weeks .
From the very beginning of this pandemic , we have been told that using cash is potentially “ dangerous ” because it could possibly spread the virus .
The following comes from an article by Claudio Grass… @ @ @ @ @ @ @ pandemic , when essentially nothing was concretely known about the virus itself or its transmission , the seeds of new fears were already planted by sensational media reports and fear-mongering political and institutional figures .
The insidious idea that “ you can catch Covid through cash ” might have been prematurely spread , but it did stick in most people ’ s minds .
This is , of course , understandable , given the extremely high levels of uncertainty and anxiety in the general public .
Wanting to eliminate potential threats was a @ @ @ @ @ @ @ to take back at least some control over our lives , after they ’ d been suddenly thrown into utter chaos in the wake of the global economic freeze .
Another factor that concretely helped the shift away from physical cash was an entirely practical one .
Given the lockdown measures and the new “ social distancing ” directives that were enforced all over the world , it became difficult to use cash , even if you really wanted to , or had no other means of transaction , as is the case @ @ @ @ @ @ @ stores being forced to shut down and with more and more online shops offering contactless delivery ( either as a choice or as a service requirement ) , the need for cash very quickly gave way to digital payments .
Of course central banks all over the globe have been encouraging the use of digital payments for a very long time , and so this pandemic has given them a golden opportunity to accelerate that agenda .
Here in the U.S. , there has always been a lot of resistance to the idea @ @ @ @ @ @ @ countries in Europe such as Sweden have almost entirely done away with cash at this point , and China is shifting in the direction of a cashless society at a pace that is breathtaking .
A lot of people like the speed and efficiency of cashless payments , but what people need to understand is that a system that is entirely cashless would allow governments and financial institutions to monitor us , track us and control us like never before .
It has often been said that “ cash means freedom ” , @ @ @ @ @ @ @ would be a major blow to everyone that still loves liberty .
Unfortunately , the entire world has been steadily moving in a cashless direction for many years , and this pandemic has given opponents of cash a window of opportunity to push us down that road even faster .

by Michael Snyder
The coin shortage in the United States is becoming quite severe, and a lot of people are deeply concerned about where this might be leading us. But if you don’t run a business or deal with coins on a regular basis, you may not even know that it is happening. On Monday, my wife told me that a lot of people on Facebook were talking about this nationwide coin shortage, and then on Tuesday Ricky Scaparo posted a couple of news stories about it, so I decided that I better start looking into this. Because if this coin shortage is going to be used to push us toward a cashless society, that makes it a really big deal.
What I discovered is that this coin shortage has actually been intensifying for quite a few weeks, and on June 11th the Federal Reserve issued a statement in which they announced that coin rationing would begin on June 15th…
Consequently, effective Monday, June 15, Reserve Banks and Federal Reserve coin distribution locations began allocating coin inventories. To ensure a fair and equitable distribution of existing coin inventory to all depository institutions, effective June 15, the Federal Reserve Banks and their coin distribution locations began to allocate available supplies of pennies, nickels, dimes, and quarters to depository institutions as a temporary measure. The temporary coin allocation methodology is based on historical order volume by coin denomination and depository institution endpoint, and current U.S. Mint production levels. Order limits are unique by coin denomination and are the same across all Federal Reserve coin distribution locations. Limits will be reviewed and potentially revised based on national receipt levels, inventories, and Mint production.
It turns out that the rationing has been a lot stricter than many people originally anticipated. One small bank in Tennessee that would normally use “400 to 500 rolls of pennies each week” is now only being given 100 rolls per week…
“It was just a surprise,” said Gay Dempsey, who runs the Bank of Lincoln County in Tennessee, when she learned of the rationing order. “Nobody was expecting it.” Dempsey’s bank typically dispenses 400 to 500 rolls of pennies each week. Under the rationing order, her allotment was cut down to just 100 rolls, with similar cutbacks in nickels, dimes and quarters.
Businesses of all types rely on their banks to supply them with the change they need for their customers, and now many of those businesses are being forced to make major changes because of this coin shortage.
In fact, it is being reported that some businesses around the country are starting to put up signs asking their customers to either pay with exact change or with a card…
First to go were masks, then toilet paper and now there’s a national coin shortage. The 7-Eleven on Oakwood Ave. has a sign asking customers to pay in exact change or by card. According to the First News Now Facebook, several residents across Tioga County, Pennsylvania mentioned that there’s a coin shortage throughout the area. Some businesses, like Lowes in Mansfield, Pennsylvania, have posted signs in their stores to inform their customers before they check out with their purchases.
And I was stunned to hear that cash has been “temporarily” banned at all Meijer self-checkout lanes…
We are primarily funded by readers. Please subscribe and donate to support us!
Cash temporarily won’t be accepted at Meijer self-checkout lanes due to a national shortage of coins. Customers who want to pay with bills will have to visit Meijer’s staffed checkout lanes for the time being, according to a company statement. The change is in effect at most of Grand Rapids-based retail giant’s 250 supercenters.
Hopefully this coin shortage will start to subside once this coronavirus pandemic begins to fade, but right now there are no indications that this pandemic is going to fade any time soon. The mainstream media keeps telling us that the pandemic is getting worse, and the number of new cases being reported around the world has been surging in recent weeks.
From the very beginning of this pandemic, we have been told that using cash is potentially “dangerous” because it could possibly spread the virus. The following comes from an article by Claudio Grass…
Even in the early stages of the pandemic, when essentially nothing was concretely known about the virus itself or its transmission, the seeds of new fears were already planted by sensational media reports and fear-mongering political and institutional figures. The insidious idea that “you can catch Covid through cash” might have been prematurely spread, but it did stick in most people’s minds. This is, of course, understandable, given the extremely high levels of uncertainty and anxiety in the general public. Wanting to eliminate potential threats was a natural instinct and so was the urge to take back at least some control over our lives, after they’d been suddenly thrown into utter chaos in the wake of the global economic freeze. Another factor that concretely helped the shift away from physical cash was an entirely practical one. Given the lockdown measures and the new “social distancing” directives that were enforced all over the world, it became difficult to use cash, even if you really wanted to, or had no other means of transaction, as is the case for billions of people. With physical stores being forced to shut down and with more and more online shops offering contactless delivery (either as a choice or as a service requirement), the need for cash very quickly gave way to digital payments.
Of course central banks all over the globe have been encouraging the use of digital payments for a very long time, and so this pandemic has given them a golden opportunity to accelerate that agenda.
Here in the U.S., there has always been a lot of resistance to the idea of a cashless system, but some countries in Europe such as Sweden have almost entirely done away with cash at this point, and China is shifting in the direction of a cashless society at a pace that is breathtaking.
A lot of people like the speed and efficiency of cashless payments, but what people need to understand is that a system that is entirely cashless would allow governments and financial institutions to monitor us, track us and control us like never before.
It has often been said that “cash means freedom”, and the total abolition of physical cash would be a major blow to everyone that still loves liberty.
Unfortunately, the entire world has been steadily moving in a cashless direction for many years, and this pandemic has given opponents of cash a window of opportunity to push us down that road even faster.


investmentwatchblog--2020-07-01--How Will Ongoing and Future Coronavirus Vaccine Trials Impact Healthcare Professionals

Not since the flu shot was first required for medical professionals have those in the healthcare field faced mandatory annual vaccinations .
For most people , the majority of all inoculations are completed during childhood .
From measles to the chickenpox , vaccines are generally given during adolescence , which helps to protect the public as a whole .
Now that coronavirus has not only ravaged the world but left healthcare professionals in particular vulnerable , there is a chance that they will be required to take the vaccine as soon as one is approved .
What does this mean @ @ @ @ @ @ @ will medical professionals cope ?
Religious and Other Vaccination Exemptions in the Healthcare Community In many ways , the personal beliefs of healthcare professionals and their duty to do no harm intersect .
In the case of pharmacists , they are legally permitted to refuse to fill prescriptions for birth control if it violates their religious beliefs .
Now , with the rise of the anti-vaccination movement , a lot of people are becoming hesitant to get vaccinated for various diseases .
Reasons for opting out of receiving vaccinations include : As legal @ @ @ @ @ @ @ , healthcare professionals now have to consider what this is going to mean for them when a vaccine for coronavirus is eventually found .
Will these same exemptions for religious beliefs apply to opting out of taking the coronavirus vaccine , or will the needs of the people win out ?
Can an Effective Coronavirus Vaccine Truly be Developed ?
Right now , there are dozens of medical companies across the globe that are testing out different vaccines .
While many are promising , it is anyone ’ s guess as to where @ @ @ @ @ @ @ from .
One major factor in the fight against the clock is that there seems to be a new mutated version of the disease cropping up each day .
The question now is , can scientists develop a vaccine that will treat various versions of the coronavirus , or will it be treated like the flu shot , with boosters being required annually ?
In addition to getting a flu shot each year , will doctors , nurses , and other medical professionals also have to take the coronavirus vaccine ?
Concerns About @ @ @ @ @ @ @ effective treatment for the coronavirus is critical , but some believe that the research and testing methods are being rushed .
Skeptics have to understand that scientists are doing all that they can to come up with a safe and effective treatment .
In fact , some research labs have already received FDA approval to move onto the human clinical trial stage .
Baylor University graduates and students taking accelerated nursing programs online could be among the first to volunteer to receive the treatment .
It is actually quite commonplace for healthcare professionals @ @ @ @ @ @ @ their patients first in order to be certain of the potential side effects .
How Long Will It Be Become a Cure Becomes Available ?
The long story short is that no one knows when the coronavirus vaccine might become available .
First , scientists will need to develop a vaccine that works after being heavily tested .
Test subjects from different parts of the world will need to be observed for some time .
Side effects will need to be measured , and a potential vaccine could be scrapped if it becomes @ @ @ @ @ @ @ damaging .
While President Trump has repeatedly pushed for a coronavirus vaccine to be finished by the fall of 2020 , the reality is that no one really knows .
When a new vaccine is developed and approved , it then has to be manufactured en masse .
Since billions of doses of the coronavirus vaccine will be necessary to inoculate the world ’ s population , it could be several years before this goal is accomplished .
Thankfully , all of the following companies are working diligently to find the cure for @ @ @ @ @ @ @ is that the drug will be distributed in staged batches .
More vulnerable populations such as people with chronic health problems and the elderly might receive it first .
The country in which the vaccine is developed will also likely have access first .
Unfortunately , undeveloped nations and countries with a lower GDP will probably be the last to have access to the coronavirus vaccine .
However , medical professionals all over could potentially be inoculated first to better protect the public .
The Right to Say ‘ No ’ in the @ @ @ @ @ @ @ , regardless of their occupation and standing , have a lot of legally protected personal rights .
A doctor can not be forced to take a vaccination of any kind , but they could be limited on where they are able to practice medicine .
Additionally , private and public healthcare institutions have to follow the law as well when they require their employees to make certain private medical decisions .
A federally funded hospital might be severely limited in what type of vaccinations a healthcare professional is required to have .
On @ @ @ @ @ @ @ can pretty much make up whatever rules they want , so long as they don ’ t infringe on certain foundational rights .
What this means is that healthcare professionals do have the right to refuse the coronavirus vaccination , but then they might also be refused employment as a result .
Doctors and scientists are coming together to help develop a vaccination for the novel coronavirus as soon as possible .
Things are looking promising despite the fact that there are still no set time frames , which is par for the @ @ @ @ @ @ @ of vaccines .
Progress can not and should not be rushed as science is a very fickle thing .
While the world waits for a vaccine to become available , healthcare professionals are going to need to consider what their personal beliefs are and whether or not they are going to conflict with their professional duties .
Now is the time to learn everything that you can about coronavirus , vaccines , and how the law impacts vaccination requirements .
If you work in the healthcare sector , at some people it is @ @ @ @ @ @ @ yourself to get vaccinated .
Disclaimer : This content does not necessarily represent the views of IWB .

Not since the flu shot was first required for medical professionals have those in the healthcare field faced mandatory annual vaccinations. For most people, the majority of all inoculations are completed during childhood. From measles to the chickenpox, vaccines are generally given during adolescence, which helps to protect the public as a whole. Now that coronavirus has not only ravaged the world but left healthcare professionals in particular vulnerable, there is a chance that they will be required to take the vaccine as soon as one is approved. What does this mean for the future of healthcare and how will medical professionals cope?
Religious and Other Vaccination Exemptions in the Healthcare Community
In many ways, the personal beliefs of healthcare professionals and their duty to do no harm intersect. In the case of pharmacists, they are legally permitted to refuse to fill prescriptions for birth control if it violates their religious beliefs. Now, with the rise of the anti-vaccination movement, a lot of people are becoming hesitant to get vaccinated for various diseases. Reasons for opting out of receiving vaccinations include:
Religious
Medical
Philosophical
Personal
As legal battles rage in state and federal courts, healthcare professionals now have to consider what this is going to mean for them when a vaccine for coronavirus is eventually found. Will these same exemptions for religious beliefs apply to opting out of taking the coronavirus vaccine, or will the needs of the people win out?
Can an Effective Coronavirus Vaccine Truly be Developed?
Right now, there are dozens of medical companies across the globe that are testing out different vaccines. While many are promising, it is anyone’s guess as to where the first effective coronavirus vaccine will emerge from. One major factor in the fight against the clock is that there seems to be a new mutated version of the disease cropping up each day. The question now is, can scientists develop a vaccine that will treat various versions of the coronavirus, or will it be treated like the flu shot, with boosters being required annually? In addition to getting a flu shot each year, will doctors, nurses, and other medical professionals also have to take the coronavirus vaccine?
Concerns About the Coronavirus Vaccine Being Rushed
Finding an effective treatment for the coronavirus is critical, but some believe that the research and testing methods are being rushed. Skeptics have to understand that scientists are doing all that they can to come up with a safe and effective treatment. In fact, some research labs have already received FDA approval to move onto the human clinical trial stage. Baylor University graduates and students taking accelerated nursing programs online could be among the first to volunteer to receive the treatment. It is actually quite commonplace for healthcare professionals to take any vaccine they recommend to their patients first in order to be certain of the potential side effects.
How Long Will It Be Become a Cure Becomes Available?
The long story short is that no one knows when the coronavirus vaccine might become available. First, scientists will need to develop a vaccine that works after being heavily tested. Test subjects from different parts of the world will need to be observed for some time. Side effects will need to be measured, and a potential vaccine could be scrapped if it becomes apparent that the side effects are too damaging. While President Trump has repeatedly pushed for a coronavirus vaccine to be finished by the fall of 2020, the reality is that no one really knows.
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Widespread Availability of the Coronavirus Vaccine
When a new vaccine is developed and approved, it then has to be manufactured en masse. Since billions of doses of the coronavirus vaccine will be necessary to inoculate the world’s population, it could be several years before this goal is accomplished. Thankfully, all of the following companies are working diligently to find the cure for coronavirus:
Novavax
GlaxoSmithKline
Regeneron Pharmaceuticals
Takeda Pharmaceutical Co. Ltd.
Johnson & Johnson
Pfizer
CytoDyn
Altimmune Inc.
Roch Holding
Inovio Pharmaceuticals
Amgen and Adaptive Biotechnologies
BioNTech
What is likely to happen is that the drug will be distributed in staged batches. More vulnerable populations such as people with chronic health problems and the elderly might receive it first. The country in which the vaccine is developed will also likely have access first. Unfortunately, undeveloped nations and countries with a lower GDP will probably be the last to have access to the coronavirus vaccine. However, medical professionals all over could potentially be inoculated first to better protect the public.
The Right to Say ‘No’ in the Private and Public Healthcare Sectors
U.S. citizens, regardless of their occupation and standing, have a lot of legally protected personal rights. A doctor cannot be forced to take a vaccination of any kind, but they could be limited on where they are able to practice medicine. Additionally, private and public healthcare institutions have to follow the law as well when they require their employees to make certain private medical decisions. A federally funded hospital might be severely limited in what type of vaccinations a healthcare professional is required to have. On the other hand, private healthcare institutions can pretty much make up whatever rules they want, so long as they don’t infringe on certain foundational rights. What this means is that healthcare professionals do have the right to refuse the coronavirus vaccination, but then they might also be refused employment as a result.
Doctors and scientists are coming together to help develop a vaccination for the novel coronavirus as soon as possible. Things are looking promising despite the fact that there are still no set time frames, which is par for the course when it comes to the development of vaccines. Progress cannot and should not be rushed as science is a very fickle thing.
While the world waits for a vaccine to become available, healthcare professionals are going to need to consider what their personal beliefs are and whether or not they are going to conflict with their professional duties. Now is the time to learn everything that you can about coronavirus, vaccines, and how the law impacts vaccination requirements. If you work in the healthcare sector, at some people it is highly probable that you will be preparing yourself to get vaccinated.
Disclaimer: This content does not necessarily represent the views of IWB.


investmentwatchblog--2020-07-01--Disgusting Dating Service practices, One man loses $187’000 as to a Russian Brides scam

In our day and age , no one is surprised to hear that a friend of theirs has met their partner or spouse online .
Statistics show that the number of couples who met on line has been steadily increasing over the last ten years , while conventional methods , like through common friends , are losing ground .
The online industry is very quick to respond to demand increases , and multiple services , websites and apps have emerged over the years to support the ongoing trend .
Most of them offer quite a lot to those seeking love @ @ @ @ @ @ @ subscription fees and a lot of cool extras , but , unfortunately , there are plenty who view the craze simply as an opportunity to make money , and not necessarily by performing the services they claim to .
Let ’ s take a look at a service that has gained the reputation of being in the latter category – VictoriaBrides .
This site has fallen under scrutiny in the public eye a number of times over the last few years , but does not seem to care enough to change the model @ @ @ @ @ @ @ makes them money .
This dating service has been accused numerous times of employing managers to talk to clients , primarily men , on behalf of the women on their sites .
This scam is centered around the fact that pretty much any and every action you perform on the site costs you credits that you have to purchase , and these trained professionals will go out of their way to fake a romantic interest and try to get as much money as possible from the person on the other line of the @ @ @ @ @ @ @ with huge credit cad bills and nothing material to show for it .
Trustpilot.com , Ripoffreport.com and other websites that aggregate real reviews for online sites and services are fill of testimonials of men who have fallen prey to such actions .
Even company insiders have come forward to disclose the inner workings of the company , and it is a truly disgusting read .
While researching the sites for reviews we came upon a story that forced us to center this article around it .
I was scammed out of over $ @ @ @ @ @ @ @ I was chatting with was a Russian model name Ekaterina Enokaeva .
For over eight months I chatted with her .
As the others have said , it became very obvious to me that there was several people pretending to be her ( sic ) This is an intro to a scam report on the website www.ripoffreport.com – ripoffscams.com/reports-filed/victoria-brides/los-angeles-ca/victoria-brides-valentine-com-dream-singles-ekaterina-enokaeva-i-was-scammed-out-of-over-187000-by-this-site-kiev/74103/ .
The amount of money mentioned by itself is enough to grip your attention .
It became ridiculous because she would not let me get off the phone .
She was insistent that I @ @ @ @ @ @ @ to 18 hours a day and I kept asking her how was she doing all his modeling was she was on the phone with me ( sic ) This behavior would seem suspicious , but you have to keep in mind that the professional employees that the website hires are trained to formulate fake relationships to keep these men on the hook .
A man looking for love on a website falls for a gorgeous Russian model , who seems to want nothing else but to chat and exchange pictures with him .
@ @ @ @ @ @ @ is done through the VictoriaBrides service , so he has to pay for credits to perform any action .
She wanted me to send photos and stickers nonstop and we get upset and say I did not love her if I slow down .
I stupidly fell in love and ended up spending over $ 2000 a day for up to three months ( sic ) Even the most romantic and generous person will start to suspect something after a while , and the victim tried numerous times to contact customer support .
@ @ @ @ @ @ @ same company that orchestrates the scam , they obviously did not help him much .
She kept feeding me false information about the validity of this woman and how they were double checking her identity .
I began taking screenshots of our conversations and tracking her movements to Instagram with her photos .
She even sent me a video where she had the top of her face cropped off to try to convince me it was her .
No matter how hard I tried , customer support would do nothing to help ( @ @ @ @ @ @ @ insider information about how VictoriaBrides truly operates , we can form the real picture .
The profile was handled by one or multiple managers , whose job was to entice men into as much spending as possible , since their own salary and bonuses are directly tied into that .
The support obviously did nothing , since there was simply nothing for them to do – they wanted to keep a high paying client on for as much as possible .
After I told the young lady that I would no longer spend @ @ @ @ @ @ @ I asked her to talk to me off-line with her phone number and email address .
Customer support set this up for me , and the young lady never answered the phone and stop communicating with me .
She had promised to come and live with me and help me buy her two rings over $ 6000 each .
I was a fool ( sic ) It is indeed easy to call the victim a fool in this situation , but you have to take into account that the game was rigged from @ @ @ @ @ @ @ situation is extremely hard for anyone , and the company relies on their victims to stay quiet , while neglecting the damage on the mental health that they are inflicting .
Was the dream even real to begin with ?
Well , the woman he mentions , Ekaterina Enokaeva , is indeed real .
She is an instagram model with over 1.1 million followers , and by some reports does not even speak English .
When we reached out to her for a comment via a direct message on Instagram , our request @ @ @ @ @ @ @ VictoriaBrides was obviously created after she was paid for pictures by the company , and ran by trained and experienced managers with malicious intent .
Love , loneliness and the search for a soulmate may sometimes drive men to make very reckless and bullheaded decisions .
History has proven this again and again , and what was true for poets and public figures in the past remains true for men today as well .
Right now especially , with the isolation and quarantine measures in place in a lot of countries , loneliness @ @ @ @ @ @ @ , and it is understandable that some might try to seize any chance they get for a connection .
A lot of people turn towards the internet and online dating services for that human connection that is otherwise missing in their life .
This is normal , and it ’ s great that we have tools that can help us remain a collective during these trying times .
It is however evil , fraudulent and heartbreaking that websites like VictoriaBrides abuse these sides of human nature for profit and ruin lives in the @ @ @ @ @ @ @ this article will stay vigilant in their search for love and do some background research before entrusting their time , money and hear to an online dating service .
Disclaimer : This content does not necessarily represent the views of IWB .

by Dating Detective
In our day and age, no one is surprised to hear that a friend of theirs has met their partner or spouse online. Statistics show that the number of couples who met on line has been steadily increasing over the last ten years, while conventional methods, like through common friends, are losing ground.
The online industry is very quick to respond to demand increases, and multiple services, websites and apps have emerged over the years to support the ongoing trend. Most of them offer quite a lot to those seeking love, advanced filters and algorithms, moderate subscription fees and a lot of cool extras, but, unfortunately, there are plenty who view the craze simply as an opportunity to make money, and not necessarily by performing the services they claim to.
Let’s take a look at a service that has gained the reputation of being in the latter category – VictoriaBrides. This site has fallen under scrutiny in the public eye a number of times over the last few years, but does not seem to care enough to change the model that seems to work for them and makes them money. This dating service has been accused numerous times of employing managers to talk to clients, primarily men, on behalf of the women on their sites. This scam is centered around the fact that pretty much any and every action you perform on the site costs you credits that you have to purchase, and these trained professionals will go out of their way to fake a romantic interest and try to get as much money as possible from the person on the other line of the cable. Users will soon find themselves with huge credit cad bills and nothing material to show for it.
Trustpilot.com, Ripoffreport.com and other websites that aggregate real reviews for online sites and services are fill of testimonials of men who have fallen prey to such actions. Even company insiders have come forward to disclose the inner workings of the company, and it is a truly disgusting read. While researching the sites for reviews we came upon a story that forced us to center this article around it.
I was scammed out of over $187,000 by this site. The lady I was chatting with was a Russian model name Ekaterina Enokaeva. For over eight months I chatted with her. As the others have said, it became very obvious to me that there was several people pretending to be her(sic)
This is an intro to a scam report on the website www.ripoffreport.com – ripoffscams.com/reports-filed/victoria-brides/los-angeles-ca/victoria-brides-valentine-com-dream-singles-ekaterina-enokaeva-i-was-scammed-out-of-over-187000-by-this-site-kiev/74103/. The amount of money mentioned by itself is enough to grip your attention.
It became ridiculous because she would not let me get off the phone. She was insistent that I still on the phone with her up to 18 hours a day and I kept asking her how was she doing all his modeling was she was on the phone with me(sic)
This behavior would seem suspicious, but you have to keep in mind that the professional employees that the website hires are trained to formulate fake relationships to keep these men on the hook. A man looking for love on a website falls for a gorgeous Russian model, who seems to want nothing else but to chat and exchange pictures with him. Keep in mind, all of this is done through the VictoriaBrides service, so he has to pay for credits to perform any action.
She wanted me to send photos and stickers nonstop and we get upset and say I did not love her if I slow down. I stupidly fell in love and ended up spending over $2000 a day for up to three months(sic)
We are primarily funded by readers. Please subscribe and donate to support us!
(Women, or people pretending to be them, will not agree to switch to any other way of communication udner any sircumstances)
Even the most romantic and generous person will start to suspect something after a while, and the victim tried numerous times to contact customer support. But since they are employed by the same company that orchestrates the scam, they obviously did not help him much.
She kept feeding me false information about the validity of this woman and how they were double checking her identity. I began taking screenshots of our conversations and tracking her movements to Instagram with her photos. She even sent me a video where she had the top of her face cropped off to try to convince me it was her. No matter how hard I tried, customer support would do nothing to help(sic)
If we refer to the insider information about how VictoriaBrides truly operates, we can form the real picture. The profile was handled by one or multiple managers, whose job was to entice men into as much spending as possible, since their own salary and bonuses are directly tied into that. The support obviously did nothing, since there was simply nothing for them to do – they wanted to keep a high paying client on for as much as possible.
After I told the young lady that I would no longer spend that kind of money per day and I asked her to talk to me off-line with her phone number and email address. Customer support set this up for me, and the young lady never answered the phone and stop communicating with me. She had promised to come and live with me and help me buy her two rings over $6000 each. I was a fool(sic)
(The website uses professionally done pictures for all the women on it, VictoriaBrides claims that pictures are provided by “suppliers”)
It is indeed easy to call the victim a fool in this situation, but you have to take into account that the game was rigged from the start. Talking about such a situation is extremely hard for anyone, and the company relies on their victims to stay quiet, while neglecting the damage on the mental health that they are inflicting.
Was the dream even real to begin with? Well, the woman he mentions, Ekaterina Enokaeva, is indeed real. She is an instagram model with over 1.1 million followers, and by some reports does not even speak English. When we reached out to her for a comment via a direct message on Instagram, our request had been ignored. Her profile on VictoriaBrides was obviously created after she was paid for pictures by the company, and ran by trained and experienced managers with malicious intent.
Love, loneliness and the search for a soulmate may sometimes drive men to make very reckless and bullheaded decisions. History has proven this again and again, and what was true for poets and public figures in the past remains true for men today as well. Right now especially, with the isolation and quarantine measures in place in a lot of countries, loneliness can be a huge issue to face, and it is understandable that some might try to seize any chance they get for a connection. A lot of people turn towards the internet and online dating services for that human connection that is otherwise missing in their life. This is normal, and it’s great that we have tools that can help us remain a collective during these trying times. It is however evil, fraudulent and heartbreaking that websites like VictoriaBrides abuse these sides of human nature for profit and ruin lives in the process. We hope everyone who reads this article will stay vigilant in their search for love and do some background research before entrusting their time, money and hear to an online dating service.
Disclaimer: This content does not necessarily represent the views of IWB.


investmentwatchblog--2020-07-01--Long Term Care deaths in Canada double that of other countries

Long Term Care deaths in Canada double that of other countries ( Links to relevant material below )

Long Term Care deaths in Canada double that of other countries (Links to relevant material below)
www.cbc.ca/news/health/corona…
www.canada.ca/en/public-healt…
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www.cihi.ca/sites/default/fil…
www.ctvnews.ca/health/coronav…


investmentwatchblog--2020-07-01--4th shooting at CHAZ/CHOP – 300 rounds fired at SUV with teenagers in it

In 9 days there have been now 4 shootings in CHAZ/CHOP , the latest sees teenagers in an SUV fired @ @ @ @ @ .

In 9 days there have been now 4 shootings in CHAZ/CHOP, the latest sees teenagers in an SUV fired upon. One is dead.
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investmentwatchblog--2020-07-01--Enough Must See, You Are Being Presented With The Gift Of Vision, Time To Act, Soon

The [ DS ] are deploying all assets , what we are witnessing is the show , the world must @ @ @ @ @ been given the gift of vision , the time to act is getting closer and @ @ @ @ @ vote .
The [ DS ] will push this until they can ’ t , @ @ @ @ @ patriots turn , the darkness is being exposed .

The [DS] are deploying all assets, what we are witnessing is the show, the world must see it, patriots have been given the gift of vision, the time to act is getting closer and closer, get ready to vote. The [DS] will push this until they can’t, then it will be the patriots turn, the darkness is being exposed.
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investmentwatchblog--2020-07-01--Let’s see if we deteriorate more from here

Let 's see if we deteriorate more from here 🧐 pic.twitter.com/EydCE031Rj

Let's see if we deteriorate more from here 🧐 pic.twitter.com/EydCE031Rj
— Dereck Coatney (@DereckCoatney) June 30, 2020


investmentwatchblog--2020-07-01--Buying corporate bonds while stocks are near all time highs just proves that the Fed is drunk with p

Buying corporate bonds while stocks are near all time highs just proves that the Fed is drunk with power and run by clueless socialists

BUYING CORPORATE BONDS WHILE STOCKS ARE NEAR ALL TIME HIGHS JUST PROVES THAT THE FED IS DRUNK WITH POWER AND @ @ @ @ @ Federal Reserve is now : # 3 holder of LQD # 5 holder of JNK @ @ @ @ @ # 5 holder of VCIT The @ federalreserve has taken over capital markets under the @ @ @ @ @ the middle class '' pic.twitter.com/PiEocURL16

BUYING CORPORATE BONDS WHILE STOCKS ARE NEAR ALL TIME HIGHS JUST PROVES THAT THE FED IS DRUNK WITH POWER AND RUN BY CLUELESS SOCIALISTS
The Federal Reserve is now:
#3 holder of LQD
#5 holder of JNK
#2 holder of VCSH
#5 holder of VCIT
The @federalreserve has taken over capital markets under the false pretext of "helping the middle class" pic.twitter.com/PiEocURL16
— zerohedge (@zerohedge) June 30, 2020


investmentwatchblog--2020-07-01--Can you believe this has been the best quarter for US stocks since 1998?

40 % of businesses on Yelp closed for good House Passes Bill to Prevent Homelessness Crisis ‘ Like We ’ @ @ @ @ @ Lifetimes ’ The Emergency Housing Protections and Relief Act of 2020 allocates $ 100 billion @ @ @ @ @ and creates a $ 75 billion relief fund for homeowners .

Can you believe this has been the best quarter for US stocks since 1998? pic.twitter.com/KMdJsME4w9 — Daniel Lacalle (@dlacalle_IA) June 30, 2020
Tech stocks are priced for perfection. Most have forgotten how cyclical this sector is. Highly doubt the macro environment is going to justify these valuations. pic.twitter.com/KpDH35zBVd — Otavio (Tavi) Costa (@TaviCosta) June 29, 2020
CONSUMER CREDIT COLLAPSE pic.twitter.com/hSrWTG3jbA — Win Smart, CFA (@WinfieldSmart) June 30, 2020
The latest Business Roundtable CEO Economic Survey reveals that only 27% of participants feel their businesses will recover by 2021. Sentiments overall have dipped to decade lows. t.co/U8VYzeM3Hn pic.twitter.com/gEjkDJivgg — Win Smart, CFA (@WinfieldSmart) June 30, 2020
Households falling behind on auto loans, credit card loans, and mortgages t.co/9n0Uz2hqjf pic.twitter.com/RCoZwAXVh6 — Trevor Noren (@trevornoren) June 30, 2020
“Our economists forecast that the worst of the labor market weakness is likely behind us; however, the projected path is far from a V-shaped recovery,” making it tough on the consumer, JPMorgan strategists say. t.co/tRYFOizSQG — Win Smart, CFA (@WinfieldSmart) June 30, 2020
#China's #steel sector activity slipped back into contraction in Jun after expanding in May for the first time in a year.
Steel production picked up while demand weakened. Steel mills' inventories surged.t.co/MernMKBFGB — YUAN TALKS (@YuanTalks) June 30, 2020
Quarterly Hedge Fund Liquidations Rise to Highest Since 2015 About 304 funds closed in the first quarter, HFR data show Startups totaled 84, the lowest quarterly estimate since 2008 — Gin Lane Securities (@GinSecurities) June 30, 2020
40% of businesses on Yelp closed for good
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The Emergency Housing Protections and Relief Act of 2020 allocates $100 billion to emergency rental assistance programs and creates a $75 billion relief fund for homeowners.