investmentwatchblog--2020-09-01--Oil Prices Could Rise To $65

Oil Prices Could Rise To $65

Oil jumped spiked on Tuesday morning on the back of positive manufacturing news and a weakening of the dollar .
– From 2011 to mid-2020 , roughly 95 GW of coal-fired capacity has gone offline , with another 25 GW slated to shut down by 2025 .
– The U.S. coal fleet will soon drop below 200 GW , down from 314 GW at its peak in 2011 .
– The remaining plants are underutilized because of coal ’ s declining competitiveness .
– Total ’ s ( NYSE : TOT ) Port Arthur refinery is awaiting the restoration of @ @ @ @ @ @ @ Hurricane Laura .
Citgo and Phillips 66 ( NYSE : PXD ) said that assessments of the damage at their facilities in Lake Charles could take days .
– Chesapeake Energy ( NYSE : CHK ) hoped to cancel a $ 300 million contract with Energy Transfer ( NYSE : ET ) , but a court ruled in Energy Transfer ’ s favor .
– Enbridge ( NYSE : ENB ) said that an offshore natural gas pipeline that services four offshore platforms in the Gulf of Mexico remained out of commission due @ @ @ @ @ @ @ on Tuesday on new manufacturing data from both the U.S. and China , which surprised on the upside .
The dollar also weakened , adding some support to crude .
Nevertheless , crude is showing few signs of being able to break out from its current range .
Distressed shale assets from the last boom .
Many of the M & A deals in U.S. shale following the 2014-2016 oil market downturn are now “ unworkable , ” according to Reuters .
Of the 50 largest acreage purchases between 2016 and 2019 , @ @ @ @ @ @ @ Brent trades above $ 50 per barrel .
For instance , Diamondback Energy ( NASDAQ : FANG ) paid roughly $ 54,977 per acre when it purchased Energen in 2018 , a deal that would now breakeven if Brent averaged $ 77 per barrel .
Gulf of Mexico output remains down .
As of Monday , about 53 percent of oil production in the Gulf of Mexico was still shut-in , following the devastation from Hurricane Laura .
About 41 percent of natural gas production is shut-in .
Personnel remain evacuated from 117 @ @ @ @ @ @ @ total .
EVs still costly to produce .
EVs will remain more costly to manufacture than traditional gasoline and diesel-fueled vehicles for the rest of the decade , according to new research .
EV manufacturing costs could average 16,000 euros by 2030 , or 9 percent higher than conventional cars .
Goldman : Oil prices to jump to $ 65 .
Goldman Sachs expects Brent crude to reach $ 65 a barrel in the third quarter of 2021 , although it could end the year lower , at $ 58 a barrel , @ @ @ @ @ @ @ There is a growing likelihood that vaccines will become widely available starting next spring , helping support global growth and oil demand , especially jet , ” the Goldman analysts said .
U.S. seizes websites involved in illegal oil trade .
The United States announced today that it has seized three websites used by sanctions-violators to trade in crude oil , according to an official press release .
The websites were , according to the U.S. government , used by Iran to trade oil with Venezuela—two sanctioned countries that are not allowed to @ @ @ @ @ @ @ with each other .
Natural gas prices sink on cooler weather .
Natural gas prices sank early on Monday on expectations of lower demand due to cooler weather and lower liquefied natural gas ( LNG ) feed in the aftermath of Hurricane Laura passing through the U.S. Gulf Coast .
Biden : “ I am not banning fracking ” : In a speech on Monday in Pittsburgh , Biden dismissed accusations that he would target oil and gas drillers .
“ I am not banning fracking .
Let me say that again .
@ @ @ @ @ @ @ matter how many times Donald Trump lies about me , ” Biden said .
UAE overproduces in August .
The UAE breached its OPEC+ quota in August , pumping 2.693 million b/d , according to S & P Global Platts .
U.S. SPR damaged from the hurricane .
The U.S. Energy Department said on Monday that the West Hackberry site of the Strategic Petroleum Reserve “ sustained considerable damage ” from Hurricane Laura .
Shipping companies profit amid downturn .
Cost-cutting and removing excess capacity have kept shipping margins in positive territory this @ @ @ @ @ @ @ and Gas Permitting in National Forests .
The Trump administration on Aug. 31 issued a proposal that would make it easier to permit oil and gas drilling operations in national forests , aligning permitting processes between the Forest Service and the Bureau of Land Management .
Environmental groups say the move will sidestep environmental reviews .
U.S. gasoline demand fizzling .
U.S. demand for gasoline surged after bottoming out in April but has flattened out in the past two months below pre-pandemic levels .
Stagnating demand raises concerns about the health of the @ @ @ @ @ @ @ has been done , ” Noah Barrett , an energy analyst for Janus Henderson Investors , told the WSJ .
“ That last 10 % to 15 % of lost demand is going to be really hard to get back.
” Trump admin prepares more sanctions on Venezuela .
“ We think our sanctions have been extremely effective in reducing income to the regime but we think we can make them more effective .
So we are going to be doing some things to tighten up in the near future , ” Elliott @ @ @ @ @ @ @ said in a Reuters interview .
He did not specify but hinted that the new sanctions would include eliminating exemptions offered to third parties buying Venezuelan oil .
Tesla to sell $ 5 billion in shares .
Tesla ( NASDAQ : TSLA ) said it would sell as much as $ 5 billion in shares “ from time to time ” in order to fund growth .
The company has plans to build new factories in Germany and in Austin , Texas , following the recent completion of a plant in Shanghai .
@ @ @ @ @ @ @ a memo sent to employees Monday and obtained by Business Insider , ExxonMobil ( NYSE : XOM ) is considering job cuts .
The company is looking at its upstream unit for “ organizational efficiencies and lower activity levels , ” according to the memo , including job cuts .
Total and Macquarie pursue 2 GW offshore wind in South Korea .
Total ( NYSE : TOT ) will partner with Macquarie Group ’ s green bank to develop more than 2 gigawatts of floating wind farms off South Korea , the latest @ @ @ @ @ @ @ giant to diversify into clean energy .

By Josh Owens
Oil jumped spiked on Tuesday morning on the back of positive manufacturing news and a weakening of the dollar.
Chart of the Week
– From 2011 to mid-2020, roughly 95 GW of coal-fired capacity has gone offline, with another 25 GW slated to shut down by 2025.
– The U.S. coal fleet will soon drop below 200 GW, down from 314 GW at its peak in 2011.
– The remaining plants are underutilized because of coal’s declining competitiveness.
Market Movers
– Total’s (NYSE: TOT) Port Arthur refinery is awaiting the restoration of electricity in order to restart operations following Hurricane Laura. Citgo and Phillips 66 (NYSE: PXD) said that assessments of the damage at their facilities in Lake Charles could take days.
– Chesapeake Energy (NYSE: CHK) hoped to cancel a $300 million contract with Energy Transfer (NYSE: ET), but a court ruled in Energy Transfer’s favor.
– Enbridge (NYSE: ENB) said that an offshore natural gas pipeline that services four offshore platforms in the Gulf of Mexico remained out of commission due to the hurricane.
Tuesday, September 1, 2020
Oil prices rose on Tuesday on new manufacturing data from both the U.S. and China, which surprised on the upside. The dollar also weakened, adding some support to crude. Nevertheless, crude is showing few signs of being able to break out from its current range.
Distressed shale assets from the last boom. Many of the M&A deals in U.S. shale following the 2014-2016 oil market downturn are now “unworkable,” according to Reuters. Of the 50 largest acreage purchases between 2016 and 2019, 31 of them only add value if Brent trades above $50 per barrel. For instance, Diamondback Energy (NASDAQ: FANG) paid roughly $54,977 per acre when it purchased Energen in 2018, a deal that would now breakeven if Brent averaged $77 per barrel.
Gulf of Mexico output remains down. As of Monday, about 53 percent of oil production in the Gulf of Mexico was still shut-in, following the devastation from Hurricane Laura. About 41 percent of natural gas production is shut-in. Personnel remain evacuated from 117 production platforms or 18 percent of the total.
EVs still costly to produce. EVs will remain more costly to manufacture than traditional gasoline and diesel-fueled vehicles for the rest of the decade, according to new research. EV manufacturing costs could average 16,000 euros by 2030, or 9 percent higher than conventional cars.
We are primarily funded by readers. Please subscribe and donate to support us!
Goldman: Oil prices to jump to $65. Goldman Sachs expects Brent crude to reach $65 a barrel in the third quarter of 2021, although it could end the year lower, at $58 a barrel, according to Goldman Sachs analysts. “There is a growing likelihood that vaccines will become widely available starting next spring, helping support global growth and oil demand, especially jet,” the Goldman analysts said.
U.S. seizes websites involved in illegal oil trade. The United States announced today that it has seized three websites used by sanctions-violators to trade in crude oil, according to an official press release. The websites were, according to the U.S. government, used by Iran to trade oil with Venezuela—two sanctioned countries that are not allowed to trade oil at all, let alone with each other.
Natural gas prices sink on cooler weather. Natural gas prices sank early on Monday on expectations of lower demand due to cooler weather and lower liquefied natural gas (LNG) feed in the aftermath of Hurricane Laura passing through the U.S. Gulf Coast.
Biden: “I am not banning fracking”: In a speech on Monday in Pittsburgh, Biden dismissed accusations that he would target oil and gas drillers. “I am not banning fracking. Let me say that again. I am not banning fracking. No matter how many times Donald Trump lies about me,” Biden said.
UAE overproduces in August. The UAE breached its OPEC+ quota in August, pumping 2.693 million b/d, according to S&P Global Platts.
U.S. SPR damaged from the hurricane. The U.S. Energy Department said on Monday that the West Hackberry site of the Strategic Petroleum Reserve “sustained considerable damage” from Hurricane Laura.
Shipping companies profit amid downturn. Cost-cutting and removing excess capacity have kept shipping margins in positive territory this year.
Trump Administration Proposes Easing Oil and Gas Permitting in National Forests. The Trump administration on Aug. 31 issued a proposal that would make it easier to permit oil and gas drilling operations in national forests, aligning permitting processes between the Forest Service and the Bureau of Land Management. Environmental groups say the move will sidestep environmental reviews.
U.S. gasoline demand fizzling. U.S. demand for gasoline surged after bottoming out in April but has flattened out in the past two months below pre-pandemic levels. Stagnating demand raises concerns about the health of the economic recovery. “The easy work has been done,” Noah Barrett, an energy analyst for Janus Henderson Investors, told the WSJ. “That last 10% to 15% of lost demand is going to be really hard to get back.”
Trump admin prepares more sanctions on Venezuela. “We think our sanctions have been extremely effective in reducing income to the regime but we think we can make them more effective. So we are going to be doing some things to tighten up in the near future,” Elliott Abrams, U.S. Special Representative for Venezuela said in a Reuters interview. He did not specify but hinted that the new sanctions would include eliminating exemptions offered to third parties buying Venezuelan oil.
Tesla to sell $5 billion in shares. Tesla (NASDAQ: TSLA) said it would sell as much as $5 billion in shares “from time to time” in order to fund growth. The company has plans to build new factories in Germany and in Austin, Texas, following the recent completion of a plant in Shanghai.
Exxon considers job cuts. According to a memo sent to employees Monday and obtained by Business Insider, ExxonMobil (NYSE: XOM) is considering job cuts. The company is looking at its upstream unit for “organizational efficiencies and lower activity levels,” according to the memo, including job cuts.
Total and Macquarie pursue 2 GW offshore wind in South Korea. Total (NYSE: TOT) will partner with Macquarie Group’s green bank to develop more than 2 gigawatts of floating wind farms off South Korea, the latest push by the French oil and gas giant to diversify into clean energy.
By Josh Owens for Oilprice.com


investmentwatchblog--2020-09-01--Venezuela Faces The Real Possibility Oil Production Dropping To Zero

Venezuela once considered one of Latin America ’ s prosperous countries has plunged into the abyss .
Years of economic mismanagement , cronyism and corruption have sparked a monumental economic collapse which saw the oil rich country become one of the poorest in South America .
There are emerging signs that Venezuela is on the verge of becoming a failed state .
Oil plays a dominant role in Venezuela being responsible for almost all export income and a significant proportion of gross domestic product .
The oil rich Latin American country ’ s once mighty petroleum industry , which long @ @ @ @ @ @ @ the world ’ s oil , has virtually collapsed .
This has cast Venezuela ’ s economy into the abyss , triggering a crisis of immense proportions which has forced nearly five million Venezuelan ’ s to flee their homes for neighboring countries as they struggle to find a means to survive .
It is also applying considerable pressure to the administration of socialist president Nicolàs Maduro and seen Caracas lose control of vast swathes of territory .
Just over two decades ago , Venezuela ’ s Bolivarian Revolution commenced when Hugo Chavez @ @ @ @ @ @ @ formally sworn into office in February 1999 .
He immediately introduced a new constitution focused on establishing a state-run economy , land reform , the redistribution of wealth and using the country ’ s vast oil wealth to fund extensive social programs .
When Chavez took power Venezuela , which has the world ’ s largest oil reserves totaling 298 billion barrels , was one of the most prosperous countries in Latin America .
World Bank data shows for 1999 that Venezuela had real gross domestic product of $ 98 billion , ranking @ @ @ @ @ @ @ , Mexico and Argentina .
Venezuela was also one of the region ’ s wealthiest countries with GDP per capita of $ 4,127 placing it sixth .
The oil rich country ’ s 1999 GDP per capita was significantly higher than many current regional economic powerhouses , being 19 % greater than Brazil and almost double neighboring strife-torn Colombia .
Since then Venezuela ’ s economy has collapsed with it estimated that 2019 GDP was a mere $ 70 billion or 29 % lower than it had been two decades earlier , yet @ @ @ @ @ @ @ over that period to $ 324 billion .
The outlook for the deeply impoverished country is austere .
The IMF predicts Venezuela ’ s GDP will contract by 15 % during 2020 and shrink another 5 % in 2021 .
The key reasons for this rapid disintegration are the collapse of Venezuela ’ s economically vital petroleum industry , sharply lower oil prices and progressively more severe U.S. sanctions .
Oil is responsible for 25 % of Venezuela ’ s GDP and according to OPEC accounts for 99 % or almost all exports @ @ @ @ @ @ @ when Venezuela ’ s economically vital petroleum production started spiraling downwards .
* For 2020 average daily output for 1 January to 31 July .
This was initially triggered by the oil price collapse which began in mid-2014 as global supply expanded at a rapid clip because of booming U.S. production , waning geopolitical risks and growing OPEC oil output .
By 2016 , as oil prices weakened further and Venezuela ’ s economic crisis snowballed , vital spending on crucial maintenance of oil infrastructure and operations plunged .
When combined with a @ @ @ @ @ @ @ poor management , politically motivated layoffs and an ever-worsening economic climate it became clear that Venezuela ’ s petroleum industry was in terminal decline .
This is being exacerbated by steadily growing U.S. sanctions aimed at cutting Caracas off from global capital markets and preventing access to assets to force regime change .
The economic fallout is immense causing Venezuela to spiral deeper into crisis and causing Caracas to default on its foreign debt in November 2017 .
It was at the start of 2019 , when Juan Guaidó declared himself interim president @ @ @ @ @ @ @ game for Venezuela ’ s beaten-down oil industry had arrived .
Washington imposed further sanctions on Caracas with the most significant specifically targeting Venezuela ’ s oil industry and PDVSA .
These are aimed at preventing Maduro ’ s regime from accessing Venezuelan assets held in foreign jurisdictions as well as international financial markets .
Those crippling U.S. sanctions are also preventing offshore oil majors from operating in Venezuela , recently forcing Chevron to wind down operations , and preventing Caracas from selling its oil abroad .
This prevents Maduro ’ s regime @ @ @ @ @ @ @ and maintain vital oil infrastructure and perform the necessary development activities to maintain oil production .
Even Russian intervention , including the provision of loans , technical expertise and other crucial resources , has failed to revitalize operations .
This essentially signals the death knell for Venezuela ’ s economically crucial but stricken petroleum industry .
By July 2020 , Venezuela produced a daily average of 339,000 barrels of crude compared to 755,000 a year earlier and almost a seventh of a decade earlier .
The outlook remains poor , particularly if the @ @ @ @ @ @ @ proxy measure of oil industry activity .
At the end of July 2020 , according to Baker Hughes , there were no active oil rigs in Venezuela and only one operational natural gas rig .
That is compared to a total of 25 operational rigs for the same period a year ago and 70 rigs a decade earlier .
It is important to note that there are still rigs operating in Venezuela which are not captured by Baker Hughes because their count excludes cable tool rigs , very small truck mounted rigs or @ @ @ @ @ @ @ permit .
For this reason , national oil company PDVSA regularly contests the accuracy of the Baker Hughes data and will keep pumping crude , although likely at miniscule levels .
Analysts predict Venezuela ’ s oil production could fall to zero by 2021 .
Industry consultancy IHS Markit estimates that Venezuela is pumping around 100,000 to 200,000 barrels daily and that production will keep falling .
The perfect storm of sharply weaker oil prices , economic breakdown and U.S. sanctions could very well see the unthinkable occur , the fall of a @ @ @ @ @ @ @ member .
While an oil production recovery is possible , it is someway off because of the immense capital , skilled labor and infrastructure required .
The impact on Venezuela ’ s already failed economy will be immense , leading to greater starvation in a country already reeling from a major economic crisis .
It is feared that the Venezuelan state could implode , creating further instability in a region marred for decades by asymmetric conflict between various state and armed non-state actors .
Already , Caracas has lost control of vast swathes @ @ @ @ @ @ @ of non-state armed groups including leftist Venezuelan collectives ( colectivos in Spanish ) and Colombian guerillas , notably the ELN , and paramilitaries .

By Matthew Smith
Venezuela once considered one of Latin America’s prosperous countries has plunged into the abyss. Years of economic mismanagement, cronyism and corruption have sparked a monumental economic collapse which saw the oil rich country become one of the poorest in South America. There are emerging signs that Venezuela is on the verge of becoming a failed state. Oil plays a dominant role in Venezuela being responsible for almost all export income and a significant proportion of gross domestic product. The oil rich Latin American country’s once mighty petroleum industry, which long ago was responsible for producing a tenth the world’s oil, has virtually collapsed. This has cast Venezuela’s economy into the abyss, triggering a crisis of immense proportions which has forced nearly five million Venezuelan’s to flee their homes for neighboring countries as they struggle to find a means to survive. It is also applying considerable pressure to the administration of socialist president Nicolàs Maduro and seen Caracas lose control of vast swathes of territory. Just over two decades ago, Venezuela’s Bolivarian Revolution commenced when Hugo Chavez won the 1998 presidential elections and was formally sworn into office in February 1999. He immediately introduced a new constitution focused on establishing a state-run economy, land reform, the redistribution of wealth and using the country’s vast oil wealth to fund extensive social programs. When Chavez took power Venezuela, which has the world’s largest oil reserves totaling 298 billion barrels, was one of the most prosperous countries in Latin America.
World Bank data shows for 1999 that Venezuela had real gross domestic product of $98 billion, ranking it fourth in Latin America behind Brazil, Mexico and Argentina. Venezuela was also one of the region’s wealthiest countries with GDP per capita of $4,127 placing it sixth. The oil rich country’s 1999 GDP per capita was significantly higher than many current regional economic powerhouses, being 19% greater than Brazil and almost double neighboring strife-torn Colombia.
Since then Venezuela’s economy has collapsed with it estimated that 2019 GDP was a mere $70 billion or 29% lower than it had been two decades earlier, yet Colombia’s GDP has almost quadrupled over that period to $324 billion. The outlook for the deeply impoverished country is austere. The IMF predicts Venezuela’s GDP will contract by 15% during 2020 and shrink another 5% in 2021. The key reasons for this rapid disintegration are the collapse of Venezuela’s economically vital petroleum industry, sharply lower oil prices and progressively more severe U.S. sanctions.
Oil is responsible for 25% of Venezuela’s GDP and according to OPEC accounts for 99% or almost all exports by value. It was in 2015 when Venezuela’s economically vital petroleum production started spiraling downwards.
Source: OPEC Monthly Oil Market Report ( MOMR ).
* For 2020 average daily output for 1 January to 31 July.
This was initially triggered by the oil price collapse which began in mid-2014 as global supply expanded at a rapid clip because of booming U.S. production, waning geopolitical risks and growing OPEC oil output. By 2016, as oil prices weakened further and Venezuela’s economic crisis snowballed, vital spending on crucial maintenance of oil infrastructure and operations plunged.
When combined with a massive outflow of skilled labor because of poor management, politically motivated layoffs and an ever-worsening economic climate it became clear that Venezuela’s petroleum industry was in terminal decline. This is being exacerbated by steadily growing U.S. sanctions aimed at cutting Caracas off from global capital markets and preventing access to assets to force regime change. The economic fallout is immense causing Venezuela to spiral deeper into crisis and causing Caracas to default on its foreign debt in November 2017.
We are primarily funded by readers. Please subscribe and donate to support us!
It was at the start of 2019, when Juan Guaidó declared himself interim president with U.S. backing, that the end game for Venezuela’s beaten-down oil industry had arrived. Washington imposed further sanctions on Caracas with the most significant specifically targeting Venezuela’s oil industry and PDVSA. These are aimed at preventing Maduro’s regime from accessing Venezuelan assets held in foreign jurisdictions as well as international financial markets. Those crippling U.S. sanctions are also preventing offshore oil majors from operating in Venezuela, recently forcing Chevron to wind down operations, and preventing Caracas from selling its oil abroad. This prevents Maduro’s regime from accessing urgently needed capital to repair and maintain vital oil infrastructure and perform the necessary development activities to maintain oil production. Even Russian intervention, including the provision of loans, technical expertise and other crucial resources, has failed to revitalize operations. This essentially signals the death knell for Venezuela’s economically crucial but stricken petroleum industry.
By July 2020, Venezuela produced a daily average of 339,000 barrels of crude compared to 755,000 a year earlier and almost a seventh of a decade earlier.
Source: OPEC Monthly Oil Market Report (MOMR).
The outlook remains poor, particularly if the domestic rig count is used as a proxy measure of oil industry activity. At the end of July 2020, according to Baker Hughes, there were no active oil rigs in Venezuela and only one operational natural gas rig. That is compared to a total of 25 operational rigs for the same period a year ago and 70 rigs a decade earlier.
Source: Baker Hughes.
It is important to note that there are still rigs operating in Venezuela which are not captured by Baker Hughes because their count excludes cable tool rigs, very small truck mounted rigs or rigs that cannot operate without a permit. For this reason, national oil company PDVSA regularly contests the accuracy of the Baker Hughes data and will keep pumping crude, although likely at miniscule levels.
Analysts predict Venezuela’s oil production could fall to zero by 2021. Industry consultancy IHS Markit estimates that Venezuela is pumping around 100,000 to 200,000 barrels daily and that production will keep falling. The perfect storm of sharply weaker oil prices, economic breakdown and U.S. sanctions could very well see the unthinkable occur, the fall of a major global oil producer and founding OPEC member. While an oil production recovery is possible, it is someway off because of the immense capital, skilled labor and infrastructure required.
The impact on Venezuela’s already failed economy will be immense, leading to greater starvation in a country already reeling from a major economic crisis. It is feared that the Venezuelan state could implode, creating further instability in a region marred for decades by asymmetric conflict between various state and armed non-state actors. Already, Caracas has lost control of vast swathes of territory which is under the control of non-state armed groups including leftist Venezuelan collectives (colectivos in Spanish) and Colombian guerillas, notably the ELN, and paramilitaries.
By Matthew Smith for Oilprice.com
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investmentwatchblog--2020-09-01--A Personal Story About Surviving Poverty

If you ’ ve read my articles or books before , you know that I like to take a personable approach to the advice that I give .
Reviews often say that reading my books is like sitting down for a chat with a friend .
Lifestyles of the Flat Broke and Resilient is NOT that kind of book .
Well , not unless you ’ re looking for a friend who will provide you with sometimes-unpleasant advice based on personal experiences .
If you ’ re looking for a no-holds-barred guide to surviving poverty , this is it .
@ @ @ @ @ @ @ story – the underbelly of it that I don ’ t normally write about – you may want to read this book .
When I set out to write about this new situation of widespread poverty that many are experiencing for the first time , a friend of mine suggested that I tap into the emotions of my experiences and not just share the facts .
He suggested that I share the ugly , dark truth because there are so many people living in that darkness right now .
It ’ s a @ @ @ @ @ @ @ to err on the side of optimism when I write .
But the topic of surviving poverty is different .
Anyway , I took his advice .
Because this situation is different .
There ’ s an emotional aspect that is often overlooked .
I wrote about my own dirty little secrets , about the desperation and the shame that goes hand in hand with losing everything .
I wrote about some dark , difficult times I experienced over the years during which I had to make terrible decisions .
I ’ m @ @ @ @ @ @ @ not ones I treasure .
In fact , they ’ re things I pushed to the back of my mind because they were humiliating or painful .
I hope that it helps you realize you aren ’ t alone .
I hope that it demonstrates that this time you may be going through , as hard as it is , will not last forever and that things will one day get better .
I hope that it offers suggestions that help you see through the haze of final notices , bill collector harassment @ @ @ @ @ @ @ going to keep your family from becoming homeless .
This book isn ’ t for everyone .
This isn ’ t advice for folks who are just down a few hundred bucks a month .
It ’ s for people who are truly desperate .
It ’ s for those who are trying their best to keep the lights on , some food in their bellies , and a roof over their heads .
This advice is not neatly packaged in a cheerful format.about It ’ s not a gentle entry into frugal @ @ @ @ @ @ @ to do when you are afraid you and your family will be homeless within a short period of time .
It ’ s about what to do when you literally have no food – not just no food that you like – no food .
Some people will read this book and disapprove .
They ’ ll say my suggestions are unethical or immoral .
I submit to you that those people have never been at the level of poverty that the people who need this advice are experiencing .
I ’ m @ @ @ @ @ @ @ You are the only one who can determine what is necessary in your situation .
Here ’ s what you ’ ll find in Lifestyles of the Flat Broke and Resilient .
Please keep in mind that I ’ m neither a lawyer nor a financial advisor .
This book is about my personal experiences and should not be used in place of professional advice .
• Part One of the book focuses on the painful stuff : taking responsibility for your situation , figuring out where you ’ re at , talking @ @ @ @ @ @ @ and handling your emotions .
• Part Two is about what to do .
Consider it a toolbox .
Each job does not require every tool in the box .
Pick and choose the tools you need .
• Part Three is about the details – specific information about specific financial categories with which you must deal .
• Part Four is about putting all this information together .
I wanted to share my story and tell you where I ’ ve been and where it took me .
This wasn ’ t @ @ @ @ @ @ @ revisited some dark places .
I told you the ugly , embarrassing truth about some terrible times .
I relived that despair .
It was hard to write .
It was scary .
The whole time I was writing about these experiences , I wondered what you , the readers would think of me when you learned that I fed my kid from a garbage dumpster or watched my car get towed away by the repo man in the middle of the night or any of a number of horribly embarrassing things that @ @ @ @ @ @ @ think , wow , I no longer want to read anything she has to say if she let herself get into that position ?
But I did it anyway .
I did it for a reason .
If you are going through this , i want you to hold out hope .
I want you to know that I really , truly , understand what you are going through .
I want you to know that I had these dreadful experiences , but I got through it .
I got through it by @ @ @ @ @ @ @ I got through it , and you can too .
You can do this .
You can learn more about it and get your copy of the PDF here .
I ’ m not sure yet if there will be a hard copy of this book – it really depends on whether or not it seems to resonate with people .
I ’ m offering it for $ 6.49 as an introductory price which will go up on Sept. 2 .
Your purchase of this book helps to support The Organic Prepper website @ @ @ @ @ @ @ , if you can not afford this book , please drop us an email and we will provide it to you at no charge , no questions asked .
Use the subject line “ Free Book ” and email us at books @ theorganicprepper.com ( remove the spaces ) .
We ’ ll get that book out to you within 48 hours .
Trust me – I know what it ’ s like not to have a spare $ 6 to spend and if you think this will help , I want you @ @ @ @ @ @ @ the book , please let me know in the comments what you think of it .
Your feedback helps me improve .

by Daisy Luther
I wrote a new book.
If you’ve read my articles or books before, you know that I like to take a personable approach to the advice that I give. Reviews often say that reading my books is like sitting down for a chat with a friend.
Lifestyles of the Flat Broke and Resilient is NOT that kind of book.
Well, not unless you’re looking for a friend who will provide you with sometimes-unpleasant advice based on personal experiences. If you’re looking for a no-holds-barred guide to surviving poverty, this is it. If you are interested in my personal story – the underbelly of it that I don’t normally write about – you may want to read this book.
When I set out to write about this new situation of widespread poverty that many are experiencing for the first time, a friend of mine suggested that I tap into the emotions of my experiences and not just share the facts. He suggested that I share the ugly, dark truth because there are so many people living in that darkness right now. It’s a change for me, because I tend to err on the side of optimism when I write.
But the topic of surviving poverty is different.
Anyway, I took his advice. Because this situation is different. There’s an emotional aspect that is often overlooked.
I wrote about my own dirty little secrets, about the desperation and the shame that goes hand in hand with losing everything.
I wrote about some dark, difficult times I experienced over the years during which I had to make terrible decisions. I’m going to share some memories that are not ones I treasure. In fact, they’re things I pushed to the back of my mind because they were humiliating or painful.
I hope that it helps you realize you aren’t alone. I hope that it demonstrates that this time you may be going through, as hard as it is, will not last forever and that things will one day get better. I hope that it offers suggestions that help you see through the haze of final notices, bill collector harassment, and wondering how you’re going to keep your family from becoming homeless.
This book isn’t for everyone.
This isn’t advice for folks who are just down a few hundred bucks a month. It’s for people who are truly desperate. It’s for those who are trying their best to keep the lights on, some food in their bellies, and a roof over their heads.
This advice is not neatly packaged in a cheerful format.about
We are primarily funded by readers. Please subscribe and donate to support us!
It’s not a gentle entry into frugal living. It’s about what to do when you are afraid you and your family will be homeless within a short period of time. It’s about what to do when you literally have no food – not just no food that you like – no food.
It’s pure survival.
Some people will read this book and disapprove. They’ll say my suggestions are unethical or immoral. I submit to you that those people have never been at the level of poverty that the people who need this advice are experiencing. I’m not suggesting anything that is illegal. You are the only one who can determine what is necessary in your situation.
Here’s what you’ll find in Lifestyles of the Flat Broke and Resilient.
Please keep in mind that I’m neither a lawyer nor a financial advisor. This book is about my personal experiences and should not be used in place of professional advice.
Part One of the book focuses on the painful stuff : taking responsibility for your situation, figuring out where you’re at, talking with your family about your situation, and handling your emotions.
: taking responsibility for your situation, figuring out where you’re at, talking with your family about your situation, and handling your emotions. Part Two is about what to do. Consider it a toolbox. Each job does not require every tool in the box. Pick and choose the tools you need.
Consider it a toolbox. Each job does not require every tool in the box. Pick and choose the tools you need. Part Three is about the details – specific information about specific financial categories with which you must deal.
– specific information about specific financial categories with which you must deal. Part Four is about putting all this information together. I wanted to share my story and tell you where I’ve been and where it took me.
This wasn’t the easiest book to write. I revisited some dark places. I told you the ugly, embarrassing truth about some terrible times. I relived that despair. It was hard to write. It was scary. The whole time I was writing about these experiences, I wondered what you, the readers would think of me when you learned that I fed my kid from a garbage dumpster or watched my car get towed away by the repo man in the middle of the night or any of a number of horribly embarrassing things that happened during those times. Would you think, wow, I no longer want to read anything she has to say if she let herself get into that position?
But I did it anyway.
I did it for a reason.
If you are going through this, i want you to hold out hope. I want you to know that I really, truly, understand what you are going through. I want you to know that I had these dreadful experiences, but I got through it. I got through it by doing what I needed to do. I got through it, and you can too.
You can do this.
You can learn more about it and get your copy of the PDF here. I’m not sure yet if there will be a hard copy of this book – it really depends on whether or not it seems to resonate with people. I’m offering it for $6.49 as an introductory price which will go up on Sept. 2. Your purchase of this book helps to support The Organic Prepper website and is greatly appreciated.
As always, if you cannot afford this book, please drop us an email and we will provide it to you at no charge, no questions asked. Use the subject line “Free Book” and email us at books @ theorganicprepper.com (remove the spaces). We’ll get that book out to you within 48 hours. Trust me – I know what it’s like not to have a spare $6 to spend and if you think this will help, I want you to have it.
If you get the book, please let me know in the comments what you think of it. Your feedback helps me improve.


investmentwatchblog--2020-09-01--Stagflate, Tax & Lie About Economic Data: US Dept Of Labor Changes Jobless Claims Methodology

by Jason Burack of Wall St For Main St “ There are three types of lies — lies , damn @ @ @ @ @ ― Benjamin Disraeli One of the main components of stagflate and tax and lie is @ @ @ @ @ economic data .
Since the pandemic began initial jobless claims have jumped by more than @ @ @ @ @ was predictable that the Bureau of Labor Statistics ( BLS ) and the US Department @ @ @ @ @ change the jobless claims formula .
U.S. Labor Department changes jobless claims data methodology after @ @ @ @ @ of Wolfstreet.com breaks down the jobless claims formula change : Unemployment-Data Chaos : Labor Dept @ @ @ @ @ ” Went Haywire During Pandemic ( why I stopped using them in May ) .
@ @ @ @ @ for our hard work creating high level , thought provoking content that includes interviews with @ @ @ @ @ short videos about investing and the economy www.patreon.com/wallstformainst

by Jason Burack of Wall St For Main St
“There are three types of lies — lies, damn lies, and statistics.”
― Benjamin Disraeli
One of the main components of stagflate and tax and lie is governments lying about and changing economic data. Since the pandemic began initial jobless claims have jumped by more than 58 million.
So it was predictable that the Bureau of Labor Statistics (BLS) and the US Department of Labor would want to change the jobless claims formula. U.S. Labor Department changes jobless claims data methodology after economic shock.
We are primarily funded by readers. Please subscribe and donate to support us!
Wolf Richter of Wolfstreet.com breaks down the jobless claims formula change: Unemployment-Data Chaos: Labor Dept. Admits “Seasonal Adjustments” Went Haywire During Pandemic (why I stopped using them in May).
FULL SHOW NOTES AND LINKS HERE
Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy www.patreon.com/wallstformainst


investmentwatchblog--2020-09-01--Multiple Central Banks Are Buying Stocks… Will the Fed Soon Join Them?

Both the S & P 500 and the NASDAQ hit new all-time highs yesterday .
And why wouldn ’ t they ?
After all , the market now realizes what I ’ ve been saying for months… The Fed will soon be buying stocks .
After all , the Fed is already intervening in : • The municipal bond markets ( debt issued by states and cities ) • The corporate bond markets by index ( debt issued by corporations ) • The corporate bond markets by individual corporate bonds ( debt issued specifically by corporations ) • And the @ @ @ @ @ @ @ loans to certificates of deposit and more ) .
It won ’ t be the first central bank to do so… The central bank of Switzerland , called the Swiss National Bank has been buying stocks for years .
Yes .
It literally prints money and buys stocks in the U.S. stock markets .
Then there ’ s Japan ’ s central bank , called the Bank of Japan .
It also prints money and buys stocks outright .
As of March 2019 , it owned 80 % of Japan ’ s ETFs @ @ @ @ @ @ @ shareholder in over 50 % of the companies that trade on the Japanese stock market .
If you think this can ’ t happen in the US , think again .
The Fed told us in 2019 that it would be forced to engage in EXTREME monetary policies during the next downturn .
Fast forward to today , and the Fed is doing precisely this .
Heck , it can ’ t even handle a 10 % correction without introducing a new monetary scheme back in June… and that was AFTER one of @ @ @ @ @ @ @ are now entering the greatest bubble of all time : a situation in which the Fed will spend trillions and trillions of dollars to corner all risk in an effort to reflate the financial system .
As I write this , the Fed has already spent over $ 3 trillion in the last three months .
I expect this will soon be $ 5 trillion or even $ 6 trillion before the end of 2021 .
At the end of the day , it all boils down to what I ’ ve been @ @ @ @ @ @ @ other central banks are trapped in a vicious cycle through which it INTENTIONALLY creates bubbles to deal with each successive bust .
We had the Tech Bubble in the ’ 90s .
The Housing Bubble in the mid-00s .
And now the Everything Bubble in 2020 .
On that note , we ’ re putting together an Executive Summary on how to play this move .
It will identify which investments will perform best during the Fed ’ s next bubble , including a unique play that could more than double the performance @ @ @ @ @ @ @ This Executive Summary will be available exclusively to subscribers of our Gains Pains & Capital e-letter .
To insure you receive a copy when it ’ s sent out , you can join here :

Both the S&P 500 and the NASDAQ hit new all-time highs yesterday.
And why wouldn’t they? After all, the market now realizes what I’ve been saying for months…
The Fed will soon be buying stocks.
After all, the Fed is already intervening in:
The Treasury markets (US sovereign debt)
The municipal bond markets (debt issued by states and cities)
The corporate bond markets by index (debt issued by corporations)
The corporate bond markets by individual corporate bonds (debt issued specifically by corporations)
The commercial paper markets (short-term corporate debt market)
And the asset-backed security markets (everything from student loans to certificates of deposit and more).
It won’t be the first central bank to do so…
The central bank of Switzerland, called the Swiss National Bank has been buying stocks for years. Yes. It literally prints money and buys stocks in the U.S. stock markets.
Then there’s Japan’s central bank, called the Bank of Japan. It also prints money and buys stocks outright. As of March 2019, it owned 80% of Japan’s ETFs.
Yes, 80%.
The BoJ is also a top-10 shareholder in over 50% of the companies that trade on the Japanese stock market.
If you think this can’t happen in the US, think again. The Fed told us in 2019 that it would be forced to engage in EXTREME monetary policies during the next downturn.
Fast forward to today, and the Fed is doing precisely this. Heck, it can’t even handle a 10% correction without introducing a new monetary scheme back in June… and that was AFTER one of the sharpest rallies in years!
Put another way…
We are now entering the greatest bubble of all time: a situation in which the Fed will spend trillions and trillions of dollars to corner all risk in an effort to reflate the financial system.
We are primarily funded by readers. Please subscribe and donate to support us!
As I write this, the Fed has already spent over $3 trillion in the last three months. I expect this will soon be $5 trillion or even $6 trillion before the end of 2021.
At the end of the day, it all boils down to what I’ve been saying since 2017… that the Fed and other central banks are trapped in a vicious cycle through which it INTENTIONALLY creates bubbles to deal with each successive bust.
We had the Tech Bubble in the ’90s.
The Housing Bubble in the mid-00s.
And now the Everything Bubble in 2020.
On that note, we’re putting together an Executive Summary on how to play this move.
It will identify which investments will perform best during the Fed’s next bubble, including a unique play that could more than double the performance of the S&P 500.
This Executive Summary will be available exclusively to subscribers of our Gains Pains & Capital e-letter. To insure you receive a copy when it’s sent out, you can join here:
phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research


investmentwatchblog--2020-09-01--Stocks Vs. Volatility – Round 1

Stocks Vs. Volatility – Round 1

Despite the melt-up in the Nasdaq , volatility expectations remain elevated .
As most investors are aware , the technology-laden Nasdaq segment of the stock market is in the throes of a genuine melt-up following the full recovery of its COVID crash loss .
Indeed , the Nasdaq 100 ( NDX ) has seemingly been registering new all-time highs every day .
Try telling that to the volatility market , though , which has remained elevated despite the strong rally in stocks .
This is unusual behavior for a market that generally declines when stocks move higher .
In fact @ @ @ @ @ @ @ levels of , er , unusualness .
For example , yesterday ( 8/31/2020 ) , the NDX closed at another 52-week high .
At the same time , the Nasdaq 100 Volatility Index ( VXN ) closed higher by more than 5 % .
That is unusual in its own right .
Furthermore , however , the closing level on the VXN , 34.55 , represented the highest close in the history of the VXN on days that the NDX closed at a 52-week high .
And , as the chart shows , @ @ @ @ @ @ @ have been only 2 other unique historical instances when the VXN closed higher than 25 coincident with a 52-week high in the NDX .
This first was a string of incidents from June 2003-January 2004 , as the NDX emerged from the 2000-2002 cyclical bear market .
The only other date was in October 2007 , marking the peak of the subsequent cyclical bull market .
Is the current signal another warning of potential serious trouble ?
It remains to be seen .
However , we will say that , based on our @ @ @ @ @ @ @ volatility is not an ideal condition for stock investors in the longer-term .

by Dana Lyons
Despite the melt-up in the Nasdaq, volatility expectations remain elevated.
As most investors are aware, the technology-laden Nasdaq segment of the stock market is in the throes of a genuine melt-up following the full recovery of its COVID crash loss. Indeed, the Nasdaq 100 (NDX) has seemingly been registering new all-time highs every day. Try telling that to the volatility market, though, which has remained elevated despite the strong rally in stocks. This is unusual behavior for a market that generally declines when stocks move higher. In fact, such behavior is now reaching historic levels of, er, unusualness.
We are primarily funded by readers. Please subscribe and donate to support us!
For example, yesterday (8/31/2020), the NDX closed at another 52-week high. At the same time, the Nasdaq 100 Volatility Index (VXN) closed higher by more than 5%. That is unusual in its own right. Furthermore, however, the closing level on the VXN, 34.55, represented the highest close in the history of the VXN on days that the NDX closed at a 52-week high.
And, as the chart shows, prior to this recent run, there have been only 2 other unique historical instances when the VXN closed higher than 25 coincident with a 52-week high in the NDX. This first was a string of incidents from June 2003-January 2004, as the NDX emerged from the 2000-2002 cyclical bear market. The only other date was in October 2007, marking the peak of the subsequent cyclical bull market.
Is the current signal another warning of potential serious trouble? It remains to be seen. However, we will say that, based on our research, the standoff between stocks and volatility is not an ideal condition for stock investors in the longer-term.


investmentwatchblog--2020-09-01--Mannarino: New Stock Market Record Highs…BUT THERE ARE RED FLAGS!

Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the @ @ @ @ @ that working on Wall Street was not like the movies , he moved on to @ @ @ @ @ practiced medicine as a Physician Assistant .
He also served in the United States Naval @ @ @ @ @ having attained the rank of Lieutenant .
He is an active trader of the capital @ @ @ @ @ books pertaining to finance , global economics , and equity trading .
Gregory currently hosts @ @ @ @ @ ” on YouTube .
You can find out more about what he offers at his @ @ @

TradersChoice.net, Released on 9/1/20
We are primarily funded by readers. Please subscribe and donate to support us!
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading. Gregory currently hosts a business day “MarketReport” on YouTube. You can find out more about what he offers at his website Traderschoice.net.


investmentwatchblog--2020-09-01--The Damage Has Been Done And The Consequences Will Be Suffered: — The Controlled Collapse Can’t Be S

The Damage Has Been Done And The Consequences Will Be Suffered: — The Controlled Collapse Can’t Be Stopped Even If Trump Tries – President Donald Trump declares America Bankrupt

“ Have a Healthy Storage of Food , Precious Metals and Necessary Supplies ” President Trump declaring America bankrupt and announcing that in 2020 is of course totally hypothetical .
Even so , it is very possible for that to happen because someone soon will have to declare America bankrupt .
Who better qualified to negotiate the financial restructuring of the United States than someone who has gone through multiple bankruptcy experiences ?
Is Trump a man born for such a time as this ?
Donald Trump ’ s resume in bankruptcy is quite impressive .
In all cases , @ @ @ @ @ @ @ payments on the debt so the debt had to be restructured or investors would have lost everything .
Trump lost most of his own ownership stake and control of these properties in the negotiations but the debt was restructured.After a company goes through a Chapter 11 bankruptcy , and survives , it does have a chance of becoming great again .
Maybe taking America into bankruptcy restructuring is the most realistic way to make America great again .
Trump , probably thinks that will not be necessary if he is elected President .
@ @ @ @ @ @ @ out differently when America finds itself back in recession in 2021 .
Then you might hear the slogan “ Obama lied and the economy died ” !
America is about 200 trillion dollars in debt if you count the unfunded liabilities .
There simply is no way for this nation to pay what was promised .
America can not pay much of its future liabilities and is technically bankrupt .
The restructuring of America will have to be renegotiated and it will be painful for all .
Trump gets into office and inherits @ @ @ @ @ @ @ Trump declares America bankrupt because “ Obama lied and the economy died ” .
Trump tells the taxpayers , the debt holders , and those expecting entitlements that all will have to make concessions and negotiate a great deal to make America solvent again .
The following might be some of Trump ’ s hypothetical proposals along with some of his hypothetical explanations ( in parentheses ) as to why .
• Cut all entitlements 10 percent immediately and cut them by one percent more each year for 10 years .
( That @ @ @ @ @ @ @ less than the CPI inflation rate . )
• Eliminate early Social Security retirement at 62 for those over 52 .
( People are healthier and live longer than when this was enacted . )
• Gradually raise retirement age to 70 by 2035 .
( People are healthier and live much longer than when this was enacted . )
• Very strict rules to qualify for Social Security Disability .
( Vocational rehab and incentives for employers to make accommodations for disabilities would replace the current state of paying people to sit @ @ @ @ @ @ @ pay to $ 15 an hour over three years to get low-income people off Federal assistance programs .
( Either taxpayers subsidize those with low-income or businesses will have to actually pay them a living wage .
In the first instance , taxpayers pay and in the second , it is passed on as higher prices to consumers .
There is no free lunch , even at MacDonald ’ s .
The government should not be buying people ’ s votes with your taxes ) • Eliminate any federal contribution to unemployment insurance @ @ @ @ @ @ @ to have to take one of those $ 15 an hour minimum wage jobs until you can find something better . )
• Get rid of those millions of illegals for good .
( If we stop giving them assistance , and if we do not allow employers to hire them , they will go home all by themselves . )
• Cut the number of people receiving food assistance costs by requiring adults receiving it to do some community service in return .
( I think it says somewhere in the Bible @ @ @ @ @ @ @ should not get to eat . )
• Eliminate Medicare , Medicare , Obamacare , VA care , and go to a single payer health system that limits the one payer medical costs to about 10 percent of GNP .
( You could still supplement this system with your own private insurance , cash or even charity support . )
• Reduce prison population by half by letting out most low-level non violence offenders .
( We need to modify the war on drugs .
Government should target high level criminal enterprises not @ @ @ @ @ @ @ users that abuse drugs is an expensive losing war when half the population uses chemicals .
It mostly militarizes local police forces . )
• Establish a one percent national sales tax .
( Everyone should have some skin in the game . )
• Restructure the entire federal tax code to increase government revenue by 10 percent .
( We will do that without hurting American businesses . )
• A five percent one time wealth tax on net worth over 5 million .
( It could be paid over 10 years @ @ @ @ @ @ @ tax entirely by creating new jobs that bring the government equal new tax revenue over those ten years . )
• Cut federal government employees by 20 percent by eliminating and consolidating agencies and making government more efficient .
( There is a lot of waste in government and we can no longer afford a government so big . )
• Freeze government salary and pension increases to CPI minus one percent for the next 10 years .
( Federal employees get paid much more than those doing similar work in the private @ @ @ @ @ @ @ by 20 percent over ten years by restructuring and other common sense efficiencies .
( For example : close most overseas military bases .
All American bases should be removed from Europe and Korea .
What are we still doing there ?
They have plenty of wealth to take care of themselves .
The military needs less support people , less politically correct social engineering types , less commissioned officers .
What it does not need is to have women in combat positions .
The Military needs more non-commissioned special forces , more @ @ @ @ @ @ @ development .
Make the military lean and very mean but bring most of our people back home after a war is over . )
• A 25 percent tariff on imported energy products .
( It will not only collect revenue , it will help America develop its own resources to become totally energy independent . )
• Put a 5 percent tariff on products from Mexico .
( We will only do that until the wall is paid for . )
• Proportional tariffs on nations that export to America more than @ @ @ @ @ @ @ America .
( Letting nations like China rip us off is not fair trade . )
• Deregulation of many things that made American companies uncompetitive and less productive .
( The federal government does not need to be in everybody ’ s business ) Some of that might sound liberal , but Trump is old school liberal within his common sense capitalist ways .
Trump is not a Communist like those that took over the Democratic Party .
A plan like this could reduce federal government outlays by 1/4th and increase government @ @ @ @ @ @ @ That would more than balance the budget .
Would it make America solvent again .
Sure .
Will it pass congress ?
Some of this would have to occur anyway if a balanced budget amendment to the Constitution were passed or some impending debt default forced Congress to take action .
When Trump declares America bankrupt in 2021 and restructures the financial system is that going to make America great again ?
Not unless other changes are also made that reestablishes morality , strong families , real education , work ethics , patriotism @ @ @ @ @ @ @ of law and God .
Only God can make America great , but most in America have no room for God or they have an American idol in place of the real God .
Ted Cruz is actually the best choice to lead the fight for the positive changes in values but Donald Trump is more likely to get the popular support needed for restructuring .
As A Way To Introduce You To Skilled Survival , We ’ re Giving Away Our ‘ Family First ’ Food Planning Guide .
Click Here To @ @ @ @ @ @ @ you vote for , some of this or even more than this will be required to make America solvent again .
Donald Trump is the King of Bankruptcy and Trump very well could be ruling America during America ’ s bankruptcy and restructuring .
Donald could even be America ’ s first and last king.Service PMI drops to a three month low .
CEO ’ s begin to warn that as the dollar continues to rise profits are falling and come 2017 earning are not going to look good .
Gold is basically @ @ @ @ @ @ @ to raise the debt .
Italy is preparing to rescue their failing banks , the people will be on the hook .
IMF Lagarde found guilty , but no jail time .
The collapse of the economy can not be stopped , not even Trump can stop what is coming .
While the band plays on and Americans celebrate New Year ’ s many have no idea what may be in store in 2020 .
Mainstream financial pundits like to paint a rosy picture of the current economic conditions , suggesting that the @ @ @ @ @ @ @ have now turned to full blown money trees , wherein consumers are spending , businesses are selling and everyone has an unlimited flow of cash .
But as noted by analysts at CrushTheStreet.com in their latest video report , “ what we have become accustomed to in terms of normal is rapidly coming to an end.
” Indeed , with the Federal Reserve recently having raised interest rates , corporate bond markets starting to crack , and abysmal sales numbers over the holiday season , 2016 could very well spell disaster for financial @ @ @ @ @ @ @ serious is the potential destruction to come that , according to the report , you ’ d better be ready with an alternate monetary mechanism of exchange such as gold or silver , as well as food and other stockpiles to mitigate supply disruptions and shortages .
What we have become accustomed to in terms of normal is rapidly coming to an end… the global monetary experiment is literally bursting at the seams .
The economy is more dependent now than ever on the circulation of increasing systemic leverage .
The damage has @ @ @ @ @ @ @ suffered… A loss of faith in the dollar will be a loss of faith in credit… and when perceived value in credit is lost , prices in the bond markets will collapse… Already we are seeing bonds outside of government debt implode .
Just like in the 2008 financial crisis in real estate when we saw the sub-prime market collapse first and then followed by the rest , so will we see here with junk bonds and the rest of the bond market .
With interest rates on the rise we will likely @ @ @ @ @ @ @ conventionally helps bonds… however this time we believe the next market crash will drain all confidence the world perceives in credit markets and ultimately the fiat currencies .
The markets will not react in a conventional manner after the chips settle .
The scenario is unsustainable… either they default directly on the bonds and prices plummet… or they pay back the bonds with devalued hyperinflated currencies which will both destroy the bond markets , where trillions of dollars of perceived wealth is being stored .
Much of this wealth will vanish .
Be @ @ @ @ @ @ @ precious metals , food and necessary supplies .
And be sure you are carefully exposed to financial markets as they pose great risks otherwise .
I suggest that you take the following information very seriously .
It is a fact that there are laws on the books that will enable .gov to take and redistribute what you have – as they see fit – under the same circumstances that many of you are prepping for… Should those circumstances actually come to pass , they will actually have the legal authority to take what @ @ @ @ @ @ @ easier for them to do so if they and their agents preemptively discover ( e.g .
through local word-of-mouth ) that you are one of those ‘ preppers ’ .
In other words , if you ’ re ‘ ratted out ’ .
The mainstream has labeled ‘ preppers ’ = ‘ bad ’ ( and worse ) , and the fact is that their label ’ s have ‘ stuck ’ in the minds of many – that ’ s another discussion altogether… Those who are self-sufficient-minded , independent-minded , liberty-minded , @ @ @ @ @ @ @ the above… ( you get the idea ) , be aware of your ‘ label ’ and the anti-hoarding laws which will paint a big target on you and your abode… Note : In the context of this article , “ hoarding ” is not that of having piles of so called junk all around one ’ s home and yard , instead we ’ re talking about things like a deep food pantry , food storage beyond a few weeks , extra consumable supplies that you ’ ve stored , things like @ @ @ @ @ @ @ ) have also labeled this type of thing as hoarding ( which is ridiculous ) .
So here we go… how can .gov actually take this away from you ?
Right now , today , if you ’ re someone who has ‘ prepared ’ for disaster , SHTF , or for the seemingly inevitable socioeconomic collapse , you WILL become a target of not only those who believe that what ’ s yours is also theirs , or desperate neighbors or looters , but by your own government .
Federal , State @ @ @ @ @ @ @ the regular Military… You ’ re running the risk of having everything taken away from you .
Federal and/or State emergency provisions that are already on the books .
( e ) “ Food resources ” means all commodities and products , ( simple , mixed , or compound ) , or complements to such commodities or products , that are capable of being ingested by either human beings or animals , irrespective of other uses to which such commodities or products may be put , at all stages of processing from the @ @ @ @ @ @ @ vendible form for human or animal consumption .
“ Food resources ” also means potable water packaged in commercially marketable containers , all starches , sugars , vegetable and animal or marine fats and oils , seed , cotton , hemp , and flax fiber , but does not mean any such material after it loses its identity as an agricultural commodity or agricultural product .
( f ) “ Food resource facilities ” means plants , machinery , vehicles ( including on farm ) , and other facilities required for the production @ @ @ @ @ @ @ ( including cold storage ) of food resources , and for the domestic distribution of farm equipment and fertilizer ( excluding transportation thereof ) .
( h ) “ Head of each agency engaged in procurement for the national defense ” means the heads of the Departments of State , Justice , the Interior , and Homeland Security , the Office of the Director of National Intelligence , the Central Intelligence Agency , the National Aeronautics and Space Administration , the General Services Administration , and all other agencies with authority delegated under @ @ @ @ @ @ @ i ) “ Health resources ” means drugs , biological products , medical devices , materials , facilities , health supplies , services and equipment required to diagnose , mitigate or prevent the impairment of , improve , treat , cure , or restore the physical or mental health conditions of the population .
( j ) “ National defense ” means programs for military and energy production or construction , military or critical infrastructure assistance to any foreign nation , homeland security , stockpiling , space , and any directly related activity @ @ @ @ @ @ @ conducted pursuant to title VI of the Robert T. Stafford Disaster Relief and Emergency Assistance Act , 42 U.S.C .
5195 et seq.
, and critical infrastructure protection and restoration .
( k ) “ Offsets ” means compensation practices required as a condition of purchase in either government to government or commercial sales of defense articles and/or defense services as defined by the Arms Export Control Act , 22 U.S.C .
2751 et seq.
, and the International Traffic in Arms Regulations , 22 C.F.R .
120.1 130.17 .
( l ) @ @ @ @ @ @ @ by resource departments to assist with expediting deliveries , placing rated orders , locating suppliers , resolving production or delivery conflicts between various rated orders , addressing problems that arise in the fulfillment of a rated order or other action authorized by a delegated agency , and determining the validity of rated orders .
( m ) “ Strategic and critical materials ” means materials ( including energy ) that ( 1 ) would be needed to supply the military , industrial , and essential civilian needs of the United States during a @ @ @ @ @ @ @ are not found or produced in the United States in sufficient quantities to meet such need and are vulnerable to the termination or reduction of the availability of the material .
( n ) “ Water resources ” means all usable water , from all sources , within the jurisdiction of the United States , that can be managed , controlled , and allocated to meet emergency requirements , except “ water resources ” does not include usable water that qualifies as “ food resources.
” These definitions are written in to the @ @ @ @ @ @ @ Act 2010 US Code Title 50 – WAR AND NATIONAL DEFENSE TITLE 50 – APPENDIX-WAR AND NATIONAL DEFENSE DEFENSE PRODUCTION ACT OF 1950 Sec .
2072 – Hoarding of designated scarce materials It is clear that the President can decree that having more than ( fill in the blank ) of food supply ( or whatever else ) is “ in excess of the reasonable demands of business , personal , or home consumption ” .
Under what circumstances could this be decreed ?
Under a state of emergency .
Under Martial Law @ @ @ @ @ @ @ article which points out what would happen if Martial Law were to be declared .
You might want to revisit that article : In strict dictionary terms , martial law is the suspension of civil authority and the imposition of military authority .
The military authority under the command of the President will themselves act as the police , as the courts , as the legislature .
What Would Happen Under Martial Law ?
U.S. Constitution would be suspended Suspension of habeas corpus Suspension of civil rights Suspension of civil law No freedom @ @ @ @ @ @ @ No freedom of speech Curfews enforced on the people Troops in the streets for enforcement Checkpoints would be set up for control Ability to hold a person without charge Potential arrest of anyone who is a ‘ suspect ’ Imprisonment without representation or due process Potential house to house confiscation of firearms , ammunition , food supplies ( see above ) While you might think that a declaration of Martial Law would never happen in the United States ( it already has – Lincoln – Civil War ) , the laws are already @ @ @ @ @ @ @ proclamation by the President .
Can you think of any ‘ triggers ’ that would set this train in motion ?
I sure can… And the sheeple will be ‘ all for it ’ because most of them only have a few days of food in their pantry and will want what ’ s yours… They are counting on it .
They are counting on .gov to enforce it .
The thing is , it will be legally possible for .gov to do so under declared emergency circumstances .
If you ’ re @ @ @ @ @ @ @ may have a deep food pantry and other such supplies , your risk of confiscation is dependent upon where you live ( e.g .
population-dense regions ) , your proximity to military installations , the extent and depth of the ‘ circumstance ’ itself , and whether or not anyone else already knows about your supply ( potential to be ratted out ) .
So what can you do about it ?
First and foremost , always keep your mouth shut .
And if anyone already knows that you ’ re a ( @ @ @ @ @ @ @ then simply downplay what you have .
You might indicate that you only have a little extra ( versus saying many months or more of storage ! )
.
For example if it ever comes up in conversation that you have ‘ stuff ’ , then seize that opportunity to downplay it – deflate what they think you have .
It ’ s sad to even have to discuss this – but it is today ’ s unfortunate reality .
Don ’ t put all your eggs in one basket .
This means @ @ @ @ @ @ @ deep pantry .
A little here , a little there .
Less obvious .
‘ If ’ you ’ re home is ever searched , then they will find it .
Unless you have very cleverly and effectively hidden your ‘ stuff ’ , it will be discovered .
You might consider storing a cache of supplies in another location .
Use your imagination .
Again , it seems weird having to discuss such things ( and some might say paranoid ) , but it will be a serious consideration for some of @ @ @ @ @ @ @ ‘ ground zero ’ … Don ’ t let all your hard efforts go to forcible ‘ charity ’ ( as opposed to that of your free will ) .
While forced redistribution is a form of communism , don ’ t let yourself be fooled into thinking that it won ’ t happen…

by Amy S.
“Have a Healthy Storage of Food, Precious Metals and Necessary Supplies”
President Trump declaring America bankrupt and announcing that in 2020 is of course totally hypothetical. Even so, it is very possible for that to happen because someone soon will have to declare America bankrupt. Who better qualified to negotiate the financial restructuring of the United States than someone who has gone through multiple bankruptcy experiences? Is Trump a man born for such a time as this? Donald Trump’s resume in bankruptcy is quite impressive.
Trump Resume:
1991, Trump’s Taj Mahal in Atlantic City, Chapter 11 bankruptcy
1992, Trump Plaza Hotel in Atlantic City, Chapter 11 bankruptcy
2004, Trump Hotels and Casinos Resorts, Chapter 11 bankruptcy
2009, Trump Entertainment Resorts, Chapter 11 bankruptcy
In all cases, the Trump enterprises could not make the payments on the debt so the debt had to be restructured or investors would have lost everything. Trump lost most of his own ownership stake and control of these properties in the negotiations but the debt was restructured.After a company goes through a Chapter 11 bankruptcy, and survives, it does have a chance of becoming great again. Maybe taking America into bankruptcy restructuring is the most realistic way to make America great again. Trump, probably thinks that will not be necessary if he is elected President. However, I think he will find out differently when America finds itself back in recession in 2021. Then you might hear the slogan “Obama lied and the economy died”!America is about 200 trillion dollars in debt if you count the unfunded liabilities. There simply is no way for this nation to pay what was promised. America cannot pay much of its future liabilities and is technically bankrupt. The restructuring of America will have to be renegotiated and it will be painful for all.
People are born with the innate desire to survive, but sadly, many in our increasingly dependent society look to others for relief and assistance following a disaster. The fact is that help from government, family, or neighbors is often unavailable when needed most, and in the end you may have only yourself to count on.Do you know what to do and how to do it if disaster strikes?
Enter President Donald Trump:
Trump gets into office and inherits the 2020 recession. By 2021, Trump declares America bankrupt because “Obama lied and the economy died”. Trump tells the taxpayers, the debt holders, and those expecting entitlements that all will have to make concessions and negotiate a great deal to make America solvent again. The following might be some of Trump’s hypothetical proposals along with some of his hypothetical explanations (in parentheses) as to why.
Trump’s common sense plan for America’s financial restructuring.
Cut all entitlements 10 percent immediately and cut them by one percent more each year for 10 years. (That one percent would just be one percent less than the CPI inflation rate.)
Eliminate early Social Security retirement at 62 for those over 52. (People are healthier and live longer than when this was enacted.)
Gradually raise retirement age to 70 by 2035. (People are healthier and live much longer than when this was enacted.)
Very strict rules to qualify for Social Security Disability. (Vocational rehab and incentives for employers to make accommodations for disabilities would replace the current state of paying people to sit and vegetate.)
Raise minimum pay to $15 an hour over three years to get low-income people off Federal assistance programs. (Either taxpayers subsidize those with low-income or businesses will have to actually pay them a living wage. In the first instance, taxpayers pay and in the second, it is passed on as higher prices to consumers. There is no free lunch, even at MacDonald’s. The government should not be buying people’s votes with your taxes)
Eliminate any federal contribution to unemployment insurance. (You’re just going to have to take one of those $15 an hour minimum wage jobs until you can find something better.)
Get rid of those millions of illegals for good. (If we stop giving them assistance, and if we do not allow employers to hire them, they will go home all by themselves.)
Cut the number of people receiving food assistance costs by requiring adults receiving it to do some community service in return. (I think it says somewhere in the Bible that if someone will not work they should not get to eat.)
Eliminate Medicare, Medicare, Obamacare, VA care, and go to a single payer health system that limits the one payer medical costs to about 10 percent of GNP. (You could still supplement this system with your own private insurance, cash or even charity support.)
Reduce prison population by half by letting out most low-level non violence offenders. (We need to modify the war on drugs. Government should target high level criminal enterprises not the small fry. Trying to stop users that abuse drugs is an expensive losing war when half the population uses chemicals. It mostly militarizes local police forces.)
Establish a one percent national sales tax. (Everyone should have some skin in the game.)
Restructure the entire federal tax code to increase government revenue by 10 percent. (We will do that without hurting American businesses.)
A five percent one time wealth tax on net worth over 5 million. (It could be paid over 10 years. And the rich could avoid the tax entirely by creating new jobs that bring the government equal new tax revenue over those ten years.)
Cut federal government employees by 20 percent by eliminating and consolidating agencies and making government more efficient. (There is a lot of waste in government and we can no longer afford a government so big.)
Freeze government salary and pension increases to CPI minus one percent for the next 10 years. (Federal employees get paid much more than those doing similar work in the private sector.)
Cut defense costs by 20 percent over ten years by restructuring and other common sense efficiencies. (For example: close most overseas military bases. All American bases should be removed from Europe and Korea. What are we still doing there? They have plenty of wealth to take care of themselves. The military needs less support people, less politically correct social engineering types, less commissioned officers. What it does not need is to have women in combat positions. The Military needs more non-commissioned special forces, more nuclear forces, more high-tech energy weapons development. Make the military lean and very mean but bring most of our people back home after a war is over.)
but bring most of our people back home after a war is over.) A 25 percent tariff on imported energy products. (It will not only collect revenue, it will help America develop its own resources to become totally energy independent.)
Put a 5 percent tariff on products from Mexico. (We will only do that until the wall is paid for.)
Proportional tariffs on nations that export to America more than 10 percent of what they import from America. (Letting nations like China rip us off is not fair trade.)
Deregulation of many things that made American companies uncompetitive and less productive. (The federal government does not need to be in everybody’s business)
Some of that might sound liberal, but Trump is old school liberal within his common sense capitalist ways. Trump is not a Communist like those that took over the Democratic Party.
A plan like this could reduce federal government outlays by 1/4th and increase government revenues about 15 to 20 percent. That would more than balance the budget. Would it make America solvent again. Sure. Will it pass congress? Some of this would have to occur anyway if a balanced budget amendment to the Constitution were passed or some impending debt default forced Congress to take action.
When Trump declares America bankrupt in 2021 and restructures the financial system is that going to make America great again? Not unless other changes are also made that reestablishes morality, strong families, real education, work ethics, patriotism, integrity, parental rights, rule of law and God. Only God can make America great, but most in America have no room for God or they have an American idol in place of the real God. Ted Cruz is actually the best choice to lead the fight for the positive changes in values but Donald Trump is more likely to get the popular support needed for restructuring.
As A Way To Introduce You To Skilled Survival, We’re Giving Away Our ‘Family First’ Food Planning Guide. Click Here To Get Your Copy.
No matter who you vote for, some of this or even more than this will be required to make America solvent again. Donald Trump is the King of Bankruptcy and Trump very well could be ruling America during America’s bankruptcy and restructuring. Donald could even be America’s first and last king.Service PMI drops to a three month low. CEO’s begin to warn that as the dollar continues to rise profits are falling and come 2017 earning are not going to look good. Gold is basically illegal in India. Italy seeks authorization to raise the debt. Italy is preparing to rescue their failing banks, the people will be on the hook. IMF Lagarde found guilty, but no jail time. The collapse of the economy cannot be stopped, not even Trump can stop what is coming.
While the band plays on and Americans celebrate New Year’s many have no idea what may be in store in 2020. Mainstream financial pundits like to paint a rosy picture of the current economic conditions, suggesting that the government’s green shoots of yesteryear have now turned to full blown money trees, wherein consumers are spending, businesses are selling and everyone has an unlimited flow of cash.
But as noted by analysts at CrushTheStreet.com in their latest video report, “what we have become accustomed to in terms of normal is rapidly coming to an end.”
Indeed, with the Federal Reserve recently having raised interest rates, corporate bond markets starting to crack, and abysmal sales numbers over the holiday season, 2016 could very well spell disaster for financial markets, including government bonds.
2021 Economic Predictions: Year of the Epocalypse
So serious is the potential destruction to come that, according to the report, you’d better be ready with an alternate monetary mechanism of exchange such as gold or silver, as well as food and other stockpiles to mitigate supply disruptions and shortages.
Watch Perfect Storm Market Collapse courtesy of Crush The Street:
What we have become accustomed to in terms of normal is rapidly coming to an end… the global monetary experiment is literally bursting at the seams.
The economy is more dependent now than ever on the circulation of increasing systemic leverage.
The damage has been done and the consequences will be suffered… A loss of faith in the dollar will be a loss of faith in credit… and when perceived value in credit is lost, prices in the bond markets will collapse… Already we are seeing bonds outside of government debt implode.
Just like in the 2008 financial crisis in real estate when we saw the sub-prime market collapse first and then followed by the rest, so will we see here with junk bonds and the rest of the bond market. With interest rates on the rise we will likely see a major correction in stocks which conventionally helps bonds… however this time we believe the next market crash will drain all confidence the world perceives in credit markets and ultimately the fiat currencies.
The markets will not react in a conventional manner after the chips settle.
The scenario is unsustainable… either they default directly on the bonds and prices plummet… or they pay back the bonds with devalued hyperinflated currencies which will both destroy the bond markets, where trillions of dollars of perceived wealth is being stored. Much of this wealth will vanish.
Be sure to have a healthy storage of precious metals, food and necessary supplies. And be sure you are carefully exposed to financial markets as they pose great risks otherwise.
I suggest that you take the following information very seriously. It is a fact that there are laws on the books that will enable .gov to take and redistribute what you have – as they see fit – under the same circumstances that many of you are prepping for…
Should those circumstances actually come to pass, they will actually have the legal authority to take what you have. It will be even easier for them to do so if they and their agents preemptively discover (e.g. through local word-of-mouth) that you are one of those ‘preppers’. In other words, if you’re ‘ratted out’.
The mainstream has labeled ‘preppers’ = ‘bad’ (and worse), and the fact is that their label’s have ‘stuck’ in the minds of many – that’s another discussion altogether… Those who are self-sufficient-minded, independent-minded, liberty-minded, Constitutionalists, gun owners, any of the above… (you get the idea), be aware of your ‘label’ and the anti-hoarding laws which will paint a big target on you and your abode…
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Note: In the context of this article, “hoarding” is not that of having piles of so called junk all around one’s home and yard, instead we’re talking about things like a deep food pantry, food storage beyond a few weeks, extra consumable supplies that you’ve stored, things like that… ‘They’ (the mainstream) have also labeled this type of thing as hoarding (which is ridiculous).
So here we go… how can .gov actually take this away from you?
Right now, today, if you’re someone who has ‘prepared’ for disaster, SHTF, or for the seemingly inevitable socioeconomic collapse, you WILL become a target of not only those who believe that what’s yours is also theirs, or desperate neighbors or looters, but by your own government. Federal, State, Local, National Guard, even the regular Military… You’re running the risk of having everything taken away from you.
How?
Federal and/or State emergency provisions that are already on the books.
Executive Order – National Defense Resources Preparedness
Pay particular attention to section 801. Definitions.
Sec. 801. Definitions. In addition to the definitions in section 702 of the Act, 50 U.S.C. App. 2152, the following definitions apply throughout this order: (a) “Civil transportation” includes movement of persons and property by all modes of transportation in interstate, intrastate, or foreign commerce within the United States, its territories and possessions, and the District of Columbia, and related public storage and warehousing, ports, services, equipment and facilities, such as transportation carrier shop and repair facilities. “Civil transportation” also shall include direction, control, and coordination of civil transportation capacity regardless of ownership. “Civil transportation” shall not include transportation owned or controlled by the Department of Defense, use of petroleum and gas pipelines, and coal slurry pipelines used only to supply energy production facilities directly. (b) “Energy” means all forms of energy including petroleum, gas (both natural and manufactured), electricity, solid fuels (including all forms of coal, coke, coal chemicals, coal liquification, and coal gasification), solar, wind, other types of renewable energy, atomic energy, and the production, conservation, use, control, and distribution (including pipelines) of all of these forms of energy. (c) “Farm equipment” means equipment, machinery, and repair parts manufactured for use on farms in connection with the production or preparation for market use of food resources. (d) “Fertilizer” means any product or combination of products that contain one or more of the elements nitrogen, phosphorus, and potassium for use as a plant nutrient.
(e) “Food resources” means all commodities and products, (simple, mixed, or compound), or complements to such commodities or products, that are capable of being ingested by either human beings or animals, irrespective of other uses to which such commodities or products may be put, at all stages of processing from the raw commodity to the products thereof in vendible form for human or animal consumption. “Food resources” also means potable water packaged in commercially marketable containers, all starches, sugars, vegetable and animal or marine fats and oils, seed, cotton, hemp, and flax fiber, but does not mean any such material after it loses its identity as an agricultural commodity or agricultural product. (f) “Food resource facilities” means plants, machinery, vehicles (including on farm), and other facilities required for the production, processing, distribution, and storage (including cold storage) of food resources, and for the domestic distribution of farm equipment and fertilizer (excluding transportation thereof). (g) “Functions” include powers, duties, authority, responsibilities, and discretion. (h) “Head of each agency engaged in procurement for the national defense” means the heads of the Departments of State, Justice, the Interior, and Homeland Security, the Office of the Director of National Intelligence, the Central Intelligence Agency, the National Aeronautics and Space Administration, the General Services Administration, and all other agencies with authority delegated under section 201 of this order. (i) “Health resources” means drugs, biological products, medical devices, materials, facilities, health supplies, services and equipment required to diagnose, mitigate or prevent the impairment of, improve, treat, cure, or restore the physical or mental health conditions of the population. (j) “National defense” means programs for military and energy production or construction, military or critical infrastructure assistance to any foreign nation, homeland security, stockpiling, space, and any directly related activity. Such term includes emergency preparedness activities conducted pursuant to title VI of the Robert T. Stafford Disaster Relief and Emergency Assistance Act, 42 U.S.C. 5195 et seq., and critical infrastructure protection and restoration. (k) “Offsets” means compensation practices required as a condition of purchase in either government to government or commercial sales of defense articles and/or defense services as defined by the Arms Export Control Act, 22 U.S.C. 2751 et seq., and the International Traffic in Arms Regulations, 22 C.F.R. 120.1 130.17. (l) “Special priorities assistance” means action by resource departments to assist with expediting deliveries, placing rated orders, locating suppliers, resolving production or delivery conflicts between various rated orders, addressing problems that arise in the fulfillment of a rated order or other action authorized by a delegated agency, and determining the validity of rated orders. (m) “Strategic and critical materials” means materials (including energy) that (1) would be needed to supply the military, industrial, and essential civilian needs of the United States during a national emergency, and (2) are not found or produced in the United States in sufficient quantities to meet such need and are vulnerable to the termination or reduction of the availability of the material.
(n) “Water resources” means all usable water, from all sources, within the jurisdiction of the United States, that can be managed, controlled, and allocated to meet emergency requirements, except “water resources” does not include usable water that qualifies as “food resources.”
These definitions are written in to the 1950 War and National Defense Defense Production Act
Go directly to section 2072.
2010 US Code
Title 50 – WAR AND NATIONAL DEFENSE
TITLE 50 – APPENDIX-WAR AND NATIONAL DEFENSE
DEFENSE PRODUCTION ACT OF 1950
Sec. 2072 – Hoarding of designated scarce materials
In order to prevent hoarding, no person shall accumulate (1) in excess of the reasonable demands of business, personal, or home consumption, or (2) for the purpose of resale at prices in excess of prevailing market prices, materials which have been designated by the President as scarce materials or materials the supply of which would be threatened by such accumulation. The President shall order published in the Federal Register, and in such other manner as he may deem appropriate, every designation of materials the accumulation of which is unlawful and any withdrawal of such designation. In making such designations the President may prescribe such conditions with respect to the accumulation of materials in excess of the reasonable demands of business, personal, or home consumption as he deems necessary to carry out the objectives of this Act [sections 2061 to 2170, 2171, and 2172 of this Appendix]. This section shall not be construed to limit the authority contained in sections 101 and 704 of this Act [sections 2071 and 2154 of this Appendix].
It is clear that the President can decree that having more than (fill in the blank) of food supply (or whatever else) is “in excess of the reasonable demands of business, personal, or home consumption”.
Under what circumstances could this be decreed?
Under a state of emergency. Under Martial Law.
Previously, I had written an article which points out what would happen if Martial Law were to be declared. You might want to revisit that article:
I’ll list the pertinent points here:
In strict dictionary terms, martial law is the suspension of civil authority and the imposition of military authority. The military authority under the command of the President will themselves act as the police, as the courts, as the legislature.
What Would Happen Under Martial Law?
U.S. Constitution would be suspended
Suspension of habeas corpus
Suspension of civil rights
Suspension of civil law
No freedom of the press
No freedom of assembly
No freedom of speech
Curfews enforced on the people
Troops in the streets for enforcement
Checkpoints would be set up for control
Ability to hold a person without charge
Potential arrest of anyone who is a ‘suspect’
Imprisonment without representation or due process
Potential house to house confiscation of firearms, ammunition, food supplies (see above)
While you might think that a declaration of Martial Law would never happen in the United States (it already has – Lincoln – Civil War), the laws are already on the books just waiting for a proclamation by the President.
Can you think of any ‘triggers’ that would set this train in motion? I sure can… And the sheeple will be ‘all for it’ because most of them only have a few days of food in their pantry and will want what’s yours… They are counting on it. They are counting on .gov to enforce it. The thing is, it will be legally possible for .gov to do so under declared emergency circumstances.
If you’re ‘one of those’ ? who may have a deep food pantry and other such supplies, your risk of confiscation is dependent upon where you live (e.g. population-dense regions), your proximity to military installations, the extent and depth of the ‘circumstance’ itself, and whether or not anyone else already knows about your supply (potential to be ratted out).
So what can you do about it?
First and foremost, always keep your mouth shut. And if anyone already knows that you’re a (gasp!) ‘prepper’, then simply downplay what you have. You might indicate that you only have a little extra (versus saying many months or more of storage!). For example if it ever comes up in conversation that you have ‘stuff’, then seize that opportunity to downplay it – deflate what they think you have. It’s sad to even have to discuss this – but it is today’s unfortunate reality.
Don’t put all your eggs in one basket. This means that you might consider spreading around your deep pantry. A little here, a little there. Less obvious.
‘If’ you’re home is ever searched, then they will find it. Unless you have very cleverly and effectively hidden your ‘stuff’, it will be discovered. You might consider storing a cache of supplies in another location. Use your imagination. Again, it seems weird having to discuss such things (and some might say paranoid), but it will be a serious consideration for some of you who may be closer to a ‘ground zero’…
Don’t let all your hard efforts go to forcible ‘charity’ (as opposed to that of your free will). While forced redistribution is a form of communism, don’t let yourself be fooled into thinking that it won’t happen…


investmentwatchblog--2020-09-01--President Trump: “Black Lives Matter is a marxist organization… It’s bad for black people. It’s bad

President Trump: “Black Lives Matter is a marxist organization… It’s bad for black people. It’s bad for everybody.”

`` Black Lives Matter is a marxist organization… It ’ s bad for black people .
It ’ s bad @ @ @ @ @

President @realDonaldTrump on with @IngrahamAngle:
"Black Lives Matter is a marxist organization… It’s bad for black people. It’s bad for everybody." pic.twitter.com/M5iVWbAZib
— Daily Caller (@DailyCaller) September 1, 2020


investmentwatchblog--2020-09-01--Walmart unveils new membership program to launch on September 15 and will cost $98 annually

Yahoo Finance ’ s Julia LaRoche breaks down the latest as Walmart unveils a new membership program .

Yahoo Finance’s Julia LaRoche breaks down the latest as Walmart unveils a new membership program.
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investmentwatchblog--2020-09-01--MUST WATCH: Tucker Carlson EXPOSES How CNN Is Manipulating The News For The Election

Marty Walsh from Trending Politics reports , Democrats want Tucker Carlson fired from Fox News because he keeps telling his @ @ @ @ @ , and their friends at CNN , do not want them to hear .
Carlson @ @ @ @ @ in Kenosha , Wisconsin and the rioters attacking innocent people as CNN excused the riots @ @ @ @

Marty Walsh from Trending Politics reports, Democrats want Tucker Carlson fired from Fox News because he keeps telling his viewers the things that they, and their friends at CNN, do not want them to hear. Carlson showed clips of the riots in Kenosha, Wisconsin and the rioters attacking innocent people as CNN excused the riots as mostly peaceful.
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Read More/Source/Credit/FairUse:
trendingpolitics.com/tucker-c…