investmentwatchblog--2020-10-20--Treason In America: An Overview Of The FBI, CIA, And Matters Of “National Security”

Authored by Cynthia Chung via The Strategic Culture Foundation , As Shakespeare would state in his play Hamlet , “ Something is rotten in the state of Denmark , ” like a fish that rots from head to tail , so do corrupt government systems rot from top to bottom .
This is a reference to the ruling system of Denmark and not just the foul murder that King Claudius has committed against his brother , Hamlet ’ s father .
This is showcased in the play by reference to the economy of Denmark being in a state of shambles @ @ @ @ @ @ @ to revolt since they are on the verge of starving .
King Claudius has only been king for a couple of months , and thus this state of affairs , though he inflames , did not originate with him .
Thus , during our time of great upheaval we should ask ourselves ; what constitutes the persisting “ ruling system , ” of the United States , and where do the injustices in its state of affairs truly originate from ?
The tragedy of Hamlet does not just lie in the action ( @ @ @ @ @ @ @ man , but rather , it is contained in the choices and actions of all its main characters .
Each character fails to see the longer term consequences of their own actions , which leads not only to their ruin but towards the ultimate collapse of Denmark .
The characters are so caught up in their antagonism against one another that they fail to foresee that their very own destruction is intertwined with the other .
This is a reflection of a failing system .
A system that , though it believes itself @ @ @ @ @ @ @ its very survival , is only digging a deeper grave .
A system that is incapable of generating any real solutions to the problems it faces .
The only way out of this is to address that very fact .
The most important issue that will decide the fate of the country is what sort of changes are going to occur in the political and intelligence apparatus , such that a continuation of this tyrannical treason is finally stopped in its tracks and unable to sow further discord and chaos .
When the @ @ @ @ @ @ @ Threat to “ National Security ” When the matter of truth is depicted as a possible threat to those that govern a country , you no longer have a democratic state .
True , not everything can be disclosed to the public in real time , but we are sitting on a mountain of classified intelligence material that goes back more than 60 years .
How much time needs to elapse before the American people have the right to know the truth behind what their government agencies have been doing within their own @ @ @ @ @ @ @ the “ free ” world ?
From this recognition , the whole matter of declassifying material around the Russigate scandal in real time , and not highly redacted 50 years from now , is essential to addressing this festering putrefaction that has been bubbling over since the heinous assassination of President Kennedy on Nov. 22nd , 1963 and to which we are still waiting for full disclosure of classified papers 57 years later .
If the American people really want to finally see who is standing behind that curtain in Oz , now @ @ @ @ @ @ @ need to be reviewed for what kind of method and standard they are upholding in collecting their “ intelligence , ” that has supposedly justified the Mueller investigation and the never-ending Flynn investigation which have provided conclusive evidence to back up their allegations and which have massively infringed on the elected government ’ s ability to make the changes that they had committed to the American people .
Just like the Iraq and Libya war that was based off of cooked British intelligence ( refer here and here ) , Russiagate appears to @ @ @ @ @ @ @ friends over at MI6 as well .
It is no surprise that Sir Richard Dearlove , who was then MI6 chief ( 1999-2004 ) and who oversaw and stood by the fraudulent intelligence on Iraq stating they bought uranium from Niger to build a nuclear weapon , is the very same Sir Richard Dearlove who promoted the Christopher Steele dossier as something “ credible ” to American intelligence .
In other words , the same man who is largely responsible for encouraging the illegal invasion of Iraq , which set off the never-ending @ @ @ @ @ @ @ was justified with cooked British intelligence is also responsible for encouraging the Russian spook witch-hunt that has been occurring within the U.S. for the last four years…over more cooked British intelligence , and the FBI and CIA are knowingly complicit in this .
Neither the American people , nor the world as a whole , can afford to suffer any more of the so-called “ mistaken ” intelligence bumblings .
It is time that these intelligence bureaus are held accountable for at best criminal negligence , at worst , treason against their own @ @ @ @ @ @ @ Are Targeted as Threats to “ National Security ” The Family Jewels report , which was an investigation conducted by the CIA to investigate , was spurred by the Watergate Scandal and the CIA ’ s unconstitutional role in the whole affair .
This investigation by the CIA reviewed its own conduct from the 1950s to mid-1970s .
The Family Jewels report was only partially declassified in June 25 , 2007 ( 30 years later ) .
Along with the release of the redacted report included a six-page summary with the following introduction @ @ @ @ @ @ @ charter for 25 years , which is pretty much since its inception , the details of this information were from not just the public but major governmental bodies and it was left to the agency itself to judge how best to “ reform ” its ways .
On Dec. 22 , 1974 , The New York Times published an article by Seymour Hersh exposing illegal operations conducted by the CIA , dubbed the “ family jewels ” .
This included , covert action programs involving assassination attempts on foreign leaders and covert attempts @ @ @ @ @ @ @ reported for the first time .
In addition , the article discussed efforts by intelligence agencies to collect information on the political activities of U.S. citizens .
Largely as a reaction to Hersh ’ s findings , the creation of the Church Committee was approved on January 27 , 1975 , by a vote of 82 to 4 in the Senate .
The Church Committee ’ s final report was published in April 1976 , including seven volumes of Church Committee hearings in the Senate .
The Church Committee also published an interim @ @ @ @ @ @ @ Foreign Leaders ” , which investigated alleged attempts to assassinate foreign leaders , including Patrice Lumumba of Zaire , Rafael Trujillo of the Dominican Republic , Ngo Dinh Diem of Vietnam , Gen. René Schneider of Chile and Fidel Castro of Cuba .
President Ford attempted to withhold the report from the public , but failed and reluctantly issued Executive Order 11905 after pressure from the public and the Church Committee .
Executive Order 11905 is a United States Presidential Executive Order signed on February 18 , 1976 , by a very reluctant @ @ @ @ @ @ @ the United States Intelligence Community , improve oversight on foreign intelligence activities , and ban political assassination .
The attempt is now regarded as a failure and was largely undone by President Reagan who issued Executive Order 12333 , which extended the powers and responsibilities of U.S. intelligence agencies and directed leaders of the U.S. federal agencies to co-operate fully with the CIA , which was the original arrangement that CIA have full authority over clandestine operations ( for more information on this refer to my papers here and here ) .
In @ @ @ @ @ @ @ case studies on covert operations , but only the one on Chile was released , titled “ Covert Action in Chile : 1963–1973 “ .
The rest were kept secret at the CIA ’ s request .
Among the most shocking revelation of the Church Committee was the discovery of Operation SHAMROCK , in which the major telecommunications companies shared their traffic with the NSA from 1945 to the early 1970s .
The information gathered in this operation fed directly into the NSA Watch List .
It was found out during the committee @ @ @ @ @ @ @ was overseeing the committee , was among the prominent names under surveillance on this NSA Watch List .
In 1975 , the Church Committee decided to unilaterally declassify the particulars of this operation , against the objections of President Ford ’ s administration ( refer here and here for more information ) .
The Church Committee ’ s reports constitute the most extensive review of intelligence activities ever made available to the public .
Much of the contents were classified , but over 50,000 pages were declassified under the President John F. Kennedy @ @ @ @ @ @ @ President Kennedy was assassinated in Dallas , Texas on Nov. 22nd , 1963 .
Two days before his assassination a hate-Kennedy handbill ( see picture ) was circulated in Dallas accusing the president of treasonous activities including being a communist sympathizer .
On March 1st , 1967 New Orleans District Attorney Jim Garrison arrested and charged Clay Shaw with conspiring to assassinate President Kennedy , with the help of David Ferrie and others .
After a little over a one month long trial , Shaw was found not guilty on March 1st , @ @ @ @ @ @ @ of Lee Harvey Oswald , was going to be a key witness and would have provided the ” smoking gun ” evidence linking himself to Clay Shaw , was likely murdered on Feb. 22nd , 1967 , less than a week after news of Garrison ’ s investigation broke in the media .
According to Garrison ’ s team findings , there was reason to believe that the CIA was involved in the orchestrations of President Kennedy ’ s assassination but access to classified material ( which was nearly everything concerning the case @ @ @ @ @ @ @ investigation .
Though Garrison ’ s team lacked direct evidence , they were able to collect an immense amount of circumstantial evidence , which should have given the justification for access to classified material for further investigation .
Instead the case was thrown out of court prematurely and is now treated as if it were a circus .
[ Refer to Garrison ’ s book for further details and Oliver Stone ’ s excellently researched movie JFK ] To date , it is the only trial to be brought forward concerning the assassination @ @ @ @ @ @ @ Review Board ( ARRB ) was created in 1994 by the Congress enacted President John F. Kennedy Assassination Records Collection Act of 1992 , which mandated that all assassination-related material be housed in a single collection within the National Archives and Records Administration .
In July 1998 , a staff report released by the ARRB emphasized shortcomings in the original autopsy .
The ARRB wrote , “ One of the many tragedies of the assassination of President Kennedy has been the and the suspicion caused by the shroud of secrecy that has surrounded @ @ @ @ @ @ @ emphasis added ] The staff report for the Assassinations Records Review Board contended that brain photographs in the Kennedy records are not of Kennedy ’ s brain and show much less damage than Kennedy sustained .
“ Asked about the lunchroom episode [ where he was overheard stating his notes of the autopsy went missing ] in a May 1996 deposition , Finck said he did not remember it .
He was also vague about how many notes he took during the autopsy but confirmed that “ after the autopsy I also wrote @ @ @ @ @ @ @ whatever notes he had to the chief autopsy physician , James J. Humes .
It has long been known that Humes in a fireplace at his home on Nov. 24 , 1963 .
He told the Warren Commission that what he burned was an original draft of his autopsy report .
Under persistent questioning at a February 1996 deposition by the Review Board , Humes said he destroyed the draft and his “ original notes.
” …Shown official autopsy photographs of Kennedy from the National Archives , [ Saundra K. ] Spencer [ @ @ @ @ @ @ @ lab ” ] said they were not the ones she helped process and were printed on different paper .
She said “ there was no blood or opening cavities ” and the wounds were much smaller in the pictures… [ t [ than what she had ] worked on… John T. Stringer , who said he was the only one to take photos during the autopsy itself , said some of those were missing as well .
He said that pictures he took of Kennedy ’ s brain at a “ supplementary autopsy @ @ @ @ @ @ @ that was shown to him.
” [ e [ emphasis added ] p > This not only shows that evidence tampering did indeed occur , as even the Warren Commission acknowledges , but this puts into question the reliability of the entire assassination record of John F. Kennedy and to what degree evidence tampering and forgery have occurred in these records .
We would also do well to remember the numerous crimes that the FBI and CIA have been guilty of committing upon the American people such as during the period of McCarthyism @ @ @ @ @ @ @ has been implicated in covert operations against members of the civil rights movement , including Martin Luther King Jr. during the 1960s .
That FBI director J. Edgar Hoover made no secret of his hostility towards Dr. King and his ludicrous belief that King was influenced by communists , despite having no evidence to that effect .
King was assassinated on April 4th , 1968 and the civil rights movement took a major blow .
In November 1975 , as the Church Committee was completing its investigation , the Department of Justice formed @ @ @ @ @ @ @ ’ s program of harassment directed at Dr. King , including the FBI ’ s security investigations of him , his assassination and the FBI conducted criminal investigation that followed .
One aspect of the Task force study was to determine “ whether any action taken in relation to Dr. King by the FBI before the assassination had , or might have had , an effect , direct or indirect , on that event.
” In its report , the Task Force criticized the FBI not for the opening , but for the @ @ @ @ @ @ @ of Dr. King : In 1999 , King Family v. Jowers civil suit in Memphis , Tennessee occurred , the full transcript of the trial can be found here .
The jury found that Lloyd Jowers and unnamed others , including those in high ranking positions within government agencies , participated in a conspiracy to assassinate Dr. King .
During the four week trial , it was pointed out that the rifle allegedly used to assassinate King did not have a scope that was sighted , which meant you could not have hit @ @ @ @ @ @ @ that rifle , thus it could not have been the murder weapon .
This was only remarked on over 30 years after King was murdered and showed the level of incompetence , or more likely , evidence tampering that was committed from previous investigations conducted by the FBI .
The case of JFK and MLK are among the highest profile assassination cases in American history , and it has been shown in both cases that evidence tampering has indeed occurred , despite being in the center of the public eye .
What are @ @ @ @ @ @ @ of investigation for all the other cases of malfeasance ?
What expectation can we have that justice is ever upheld ?
With a history of such blatant misconduct , it is clear that the present demand to declassify the Russiagate papers now , and not 50 years later , needs to occur if we are to address the level of criminality that is going on behind the scenes and which will determine the fate of the country .
The American People Deserve to Know Today we see the continuation of the over seven @ @ @ @ @ @ @ of individuals as Russian agents without any basis , in order to remove them from the political arena .
The present effort to declassify the Russiagate papers and exonerate Michael Flynn , so that he may freely speak of the intelligence he knows , is a threat to national security , it is a threat to those who have committed treason against their country .
On Oct. 6th , 2020 , President Trump ordered the declassification of the Russia Probe documents along with the classified documents on the findings concerning the Hillary Clinton @ @ @ @ @ @ @ threatens to expose the entrapment of the Trump campaign by the Clinton campaign with help of the U.S. intelligence agencies .
The Director of National Intelligence John Ratcliffe released some of these documents recently , including former CIA Director John Brennan ’ s handwritten notes for a meeting with former President Obama , the notes revealing that Hillary Clinton approved a plan to “ vilify Donald Trump by stirring up scandal claiming interference by the Russian security service.
” Trey Gowdy , who was Chair of the House Oversight Committee from June 13th @ @ @ @ @ @ @ , has stated in an interview on Oct. 7th , 2020 that he has never seen these documents .
Devin Nunes , who was Chair of the House Intelligence Committee from Jan. 3rd , 2015 – Jan. 3rd , 2019 , has also said in a recent interview that he has never seen these documents .
And yet , both the FBI and CIA were aware and had access to these documents and sat on them for four years , withholding their release from several government-led investigations that were looking into the Russiagate @ @ @ @ @ @ @ that was in the possession of both intelligence bureaus .
Do these intelligence bureaus sound like they are working for the “ national security ” of the American people ?
The truth must finally be brought to light , or the country will rot from its head to tail .

Authored by Cynthia Chung via The Strategic Culture Foundation,
“Treason doth never prosper; what is the reason? Why, if it prosper, none dare call it treason.” – Sir John Harrington.
As Shakespeare would state in his play Hamlet, “Something is rotten in the state of Denmark,” like a fish that rots from head to tail, so do corrupt government systems rot from top to bottom.
This is a reference to the ruling system of Denmark and not just the foul murder that King Claudius has committed against his brother, Hamlet’s father. This is showcased in the play by reference to the economy of Denmark being in a state of shambles and that the Danish people are ready to revolt since they are on the verge of starving. King Claudius has only been king for a couple of months, and thus this state of affairs, though he inflames, did not originate with him.
Thus, during our time of great upheaval we should ask ourselves; what constitutes the persisting “ruling system,” of the United States, and where do the injustices in its state of affairs truly originate from?
The tragedy of Hamlet does not just lie in the action (or lack of action) of one man, but rather, it is contained in the choices and actions of all its main characters. Each character fails to see the longer term consequences of their own actions, which leads not only to their ruin but towards the ultimate collapse of Denmark. The characters are so caught up in their antagonism against one another that they fail to foresee that their very own destruction is intertwined with the other.
This is a reflection of a failing system.
A system that, though it believes itself to be fighting tooth and nail for its very survival, is only digging a deeper grave. A system that is incapable of generating any real solutions to the problems it faces.
The only way out of this is to address that very fact. The most important issue that will decide the fate of the country is what sort of changes are going to occur in the political and intelligence apparatus, such that a continuation of this tyrannical treason is finally stopped in its tracks and unable to sow further discord and chaos.
When the Matter of “Truth” Becomes a Threat to “National Security”
When the matter of truth is depicted as a possible threat to those that govern a country, you no longer have a democratic state. True, not everything can be disclosed to the public in real time, but we are sitting on a mountain of classified intelligence material that goes back more than 60 years.
How much time needs to elapse before the American people have the right to know the truth behind what their government agencies have been doing within their own country and abroad in the name of the “free” world?
From this recognition, the whole matter of declassifying material around the Russigate scandal in real time, and not highly redacted 50 years from now, is essential to addressing this festering putrefaction that has been bubbling over since the heinous assassination of President Kennedy on Nov. 22nd, 1963 and to which we are still waiting for full disclosure of classified papers 57 years later.
If the American people really want to finally see who is standing behind that curtain in Oz, now is the time.
These intelligence bureaus need to be reviewed for what kind of method and standard they are upholding in collecting their “intelligence,” that has supposedly justified the Mueller investigation and the never-ending Flynn investigation which have provided zero conclusive evidence to back up their allegations and which have massively infringed on the elected government’s ability to make the changes that they had committed to the American people.
Just like the Iraq and Libya war that was based off of cooked British intelligence (refer here and here), Russiagate appears to have also had its impetus from our friends over at MI6 as well. It is no surprise that Sir Richard Dearlove, who was then MI6 chief (1999-2004) and who oversaw and stood by the fraudulent intelligence on Iraq stating they bought uranium from Niger to build a nuclear weapon, is the very same Sir Richard Dearlove who promoted the Christopher Steele dossier as something “credible” to American intelligence.
In other words, the same man who is largely responsible for encouraging the illegal invasion of Iraq, which set off the never-ending wars on “terror,” that was justified with cooked British intelligence is also responsible for encouraging the Russian spook witch-hunt that has been occurring within the U.S. for the last four years…over more cooked British intelligence, and the FBI and CIA are knowingly complicit in this.
Neither the American people, nor the world as a whole, can afford to suffer any more of the so-called “mistaken” intelligence bumblings. It is time that these intelligence bureaus are held accountable for at best criminal negligence, at worst, treason against their own country.
When Great Figures of Hope Are Targeted as Threats to “National Security”
The Family Jewels report, which was an investigation conducted by the CIA to investigate itself , was spurred by the Watergate Scandal and the CIA’s unconstitutional role in the whole affair. This investigation by the CIA reviewed its own conduct from the 1950s to mid-1970s.
The Family Jewels report was only partially declassified in June 25, 2007 (30 years later). Along with the release of the redacted report included a six-page summary with the following introduction:
“The Central Intelligence Agency violated its charter for 25 years until revelations of illegal wiretapping, domestic surveillance, assassination plots, and human experimentation led to official investigations and reforms in the 1970s.” [emphasis added]
Despite this acknowledged violation of its charter for 25 years, which is pretty much since its inception, the details of this information were kept classified for 30 years from not just the public but major governmental bodies and it was left to the agency itself to judge how best to “reform” its ways.
On Dec. 22, 1974, The New York Times published an article by Seymour Hersh exposing illegal operations conducted by the CIA, dubbed the “family jewels”. This included, covert action programs involving assassination attempts on foreign leaders and covert attempts to subvert foreign governments, which were reported for the first time . In addition, the article discussed efforts by intelligence agencies to collect information on the political activities of U.S. citizens.
Largely as a reaction to Hersh’s findings, the creation of the Church Committee was approved on January 27, 1975, by a vote of 82 to 4 in the Senate.
The Church Committee’s final report was published in April 1976, including seven volumes of Church Committee hearings in the Senate.
The Church Committee also published an interim report titled “Alleged Assassination Plots Involving Foreign Leaders”, which investigated alleged attempts to assassinate foreign leaders, including Patrice Lumumba of Zaire, Rafael Trujillo of the Dominican Republic, Ngo Dinh Diem of Vietnam, Gen. René Schneider of Chile and Fidel Castro of Cuba. President Ford attempted to withhold the report from the public, but failed and reluctantly issued Executive Order 11905 after pressure from the public and the Church Committee.
Executive Order 11905 is a United States Presidential Executive Order signed on February 18, 1976, by a very reluctant President Ford in an attempt to reform the United States Intelligence Community, improve oversight on foreign intelligence activities, and ban political assassination.
The attempt is now regarded as a failure and was largely undone by President Reagan who issued Executive Order 12333, which extended the powers and responsibilities of U.S. intelligence agencies and directed leaders of the U.S. federal agencies to co-operate fully with the CIA, which was the original arrangement that CIA have full authority over clandestine operations (for more information on this refer to my papers here and here).
In addition, the Church Committee produced seven case studies on covert operations, but only the one on Chile was released, titled “Covert Action in Chile: 1963–1973“. The rest were kept secret at the CIA’s request.
Among the most shocking revelation of the Church Committee was the discovery of Operation SHAMROCK, in which the major telecommunications companies shared their traffic with the NSA from 1945 to the early 1970s. The information gathered in this operation fed directly into the NSA Watch List. It was found out during the committee investigations that Senator Frank Church, who was overseeing the committee, was among the prominent names under surveillance on this NSA Watch List.
In 1975, the Church Committee decided to unilaterally declassify the particulars of this operation, against the objections of President Ford’s administration (refer here and here for more information).
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The Church Committee’s reports constitute the most extensive review of intelligence activities ever made available to the public. Much of the contents were classified, but over 50,000 pages were declassified under the President John F. Kennedy Assassination Records Collection Act of 1992.
President Kennedy was assassinated in Dallas, Texas on Nov. 22nd, 1963. Two days before his assassination a hate-Kennedy handbill (see picture) was circulated in Dallas accusing the president of treasonous activities including being a communist sympathizer.
On March 1st, 1967 New Orleans District Attorney Jim Garrison arrested and charged Clay Shaw with conspiring to assassinate President Kennedy, with the help of David Ferrie and others. After a little over a one month long trial, Shaw was found not guilty on March 1st, 1969.
David Ferrie, a controller of Lee Harvey Oswald, was going to be a key witness and would have provided the ”smoking gun” evidence linking himself to Clay Shaw, was likely murdered on Feb. 22nd, 1967, less than a week after news of Garrison’s investigation broke in the media.
According to Garrison’s team findings, there was reason to believe that the CIA was involved in the orchestrations of President Kennedy’s assassination but access to classified material (which was nearly everything concerning the case) was necessary to continue such an investigation.
Though Garrison’s team lacked direct evidence, they were able to collect an immense amount of circumstantial evidence, which should have given the justification for access to classified material for further investigation. Instead the case was thrown out of court prematurely and is now treated as if it were a circus. [Refer to Garrison’s book for further details and Oliver Stone’s excellently researched movie JFK]
To date, it is the only trial to be brought forward concerning the assassination of President Kennedy.
The Assassination Records Review Board (ARRB) was created in 1994 by the Congress enacted President John F. Kennedy Assassination Records Collection Act of 1992, which mandated that all assassination-related material be housed in a single collection within the National Archives and Records Administration. In July 1998, a staff report released by the ARRB emphasized shortcomings in the original autopsy.
The ARRB wrote, “One of the many tragedies of the assassination of President Kennedy has been the incompleteness of the autopsy record and the suspicion caused by the shroud of secrecy that has surrounded the records that do exist.” [emphasis added]
The staff report for the Assassinations Records Review Board contended that brain photographs in the Kennedy records are not of Kennedy’s brain and show much less damage than Kennedy sustained.
The Washington Post reported:
“Asked about the lunchroom episode [where he was overheard stating his notes of the autopsy went missing] in a May 1996 deposition, Finck said he did not remember it. He was also vague about how many notes he took during the autopsy but confirmed that “after the autopsy I also wrote notes” and that he turned over whatever notes he had to the chief autopsy physician, James J. Humes. It has long been known that Humes destroyed some original autopsy papers in a fireplace at his home on Nov. 24, 1963. He told the Warren Commission that what he burned was an original draft of his autopsy report. Under persistent questioning at a February 1996 deposition by the Review Board, Humes said he destroyed the draft and his “original notes.” …Shown official autopsy photographs of Kennedy from the National Archives, [Saundra K.] Spencer [who worked in “the White House lab”] said they were not the ones she helped process and were printed on different paper. She said “there was no blood or opening cavities” and the wounds were much smaller in the pictures… [than what she had] worked on… John T. Stringer, who said he was the only one to take photos during the autopsy itself, said some of those were missing as well. He said that pictures he took of Kennedy’s brain at a “supplementary autopsy” were different from the official set that was shown to him.” [emphasis added]
This not only shows that evidence tampering did indeed occur, as even the Warren Commission acknowledges, but this puts into question the reliability of the entire assassination record of John F. Kennedy and to what degree evidence tampering and forgery have occurred in these records.
We would also do well to remember the numerous crimes that the FBI and CIA have been guilty of committing upon the American people such as during the period of McCarthyism. That the FBI’s COINTELPRO has been implicated in covert operations against members of the civil rights movement, including Martin Luther King Jr. during the 1960s. That FBI director J. Edgar Hoover made no secret of his hostility towards Dr. King and his ludicrous belief that King was influenced by communists, despite having no evidence to that effect.
King was assassinated on April 4th, 1968 and the civil rights movement took a major blow.
In November 1975, as the Church Committee was completing its investigation, the Department of Justice formed a Task Force to examine the FBI’s program of harassment directed at Dr. King, including the FBI’s security investigations of him, his assassination and the FBI conducted criminal investigation that followed. One aspect of the Task force study was to determine “whether any action taken in relation to Dr. King by the FBI before the assassination had, or might have had, an effect, direct or indirect, on that event.”
In its report, the Task Force criticized the FBI not for the opening, but for the protracted continuation of, its security investigation of Dr. King:
“We think the security investigation which included both physical and technical surveillance, should have been terminated … in 1963. That it was intensified and augmented by a COINTELPRO type campaign against Dr. King was unwarranted; the COINTELPRO type campaign, moreover, was ultra vires and very probably … felonious.”
In 1999, King Family v. Jowers civil suit in Memphis, Tennessee occurred, the full transcript of the trial can be found here. The jury found that Lloyd Jowers and unnamed others, including those in high ranking positions within government agencies, participated in a conspiracy to assassinate Dr. King.
During the four week trial, it was pointed out that the rifle allegedly used to assassinate King did not have a scope that was sighted, which meant you could not have hit the broad side of a barn with that rifle, thus it could not have been the murder weapon.
This was only remarked on over 30 years after King was murdered and showed the level of incompetence, or more likely, evidence tampering that was committed from previous investigations conducted by the FBI.
The case of JFK and MLK are among the highest profile assassination cases in American history, and it has been shown in both cases that evidence tampering has indeed occurred, despite being in the center of the public eye. What are we then to expect as the standard of investigation for all the other cases of malfeasance? What expectation can we have that justice is ever upheld?
With a history of such blatant misconduct, it is clear that the present demand to declassify the Russiagate papers now, and not 50 years later, needs to occur if we are to address the level of criminality that is going on behind the scenes and which will determine the fate of the country.
The American People Deserve to Know
Today we see the continuation of the over seven decades’ long ruse, the targeting of individuals as Russian agents without any basis, in order to remove them from the political arena. The present effort to declassify the Russiagate papers and exonerate Michael Flynn, so that he may freely speak of the intelligence he knows, is not a threat to national security, it is a threat to those who have committed treason against their country.
On Oct. 6th, 2020, President Trump ordered the declassification of the Russia Probe documents along with the classified documents on the findings concerning the Hillary Clinton emails. The release of these documents threatens to expose the entrapment of the Trump campaign by the Clinton campaign with help of the U.S. intelligence agencies.
The Director of National Intelligence John Ratcliffe released some of these documents recently, including former CIA Director John Brennan’s handwritten notes for a meeting with former President Obama, the notes revealing that Hillary Clinton approved a plan to “vilify Donald Trump by stirring up scandal claiming interference by the Russian security service.”
Trey Gowdy, who was Chair of the House Oversight Committee from June 13th, 2017 – Jan. 3rd, 2019, has stated in an interview on Oct. 7th, 2020 that he has never seen these documents. Devin Nunes, who was Chair of the House Intelligence Committee from Jan. 3rd, 2015 – Jan. 3rd, 2019, has also said in a recent interview that he has never seen these documents.
And yet, both the FBI and CIA were aware and had access to these documents and sat on them for four years, withholding their release from several government-led investigations that were looking into the Russiagate scandal and who were requesting relevant material that was in the possession of both intelligence bureaus. Do these intelligence bureaus sound like they are working for the “national security” of the American people?
The truth must finally be brought to light, or the country will rot from its head to tail.


investmentwatchblog--2020-10-20--A Slow Motion Oil Crisis Is Unfolding In The Carribean

There ’ s nothing quite like the feeling of uncertainty and dread right in the moments before a disaster of gargantuan proportions unfolds in front of our eyes .
We might be living in that moment now if immediate measures aren ’ t taken to prevent what is soon to be an oil spill so horrifically devastating that it would be eight times bigger than the Exxon Valdez oil spill , which spewed 10.8 million US gallons of crude oil into the waters off the coast of Alaska in 1989 .
Right now , there is a floating storage and @ @ @ @ @ @ @ Paria off the coast of Venezuela , and it could sink at any moment , sending a catastrophic quantity of oil–80 million gallons–into the crystalline waters of the Caribbean Sea , ranking it as one of the top ten worst oil spills in world history .
The Venezuelan vessel , called the Nabarima , is reportedly currently under repair in the Gulf of Paria , where it ’ s been floating , unused , since January of last year .
The vessel is Venezuelan-flagged , but it ’ s actually operated as part @ @ @ @ @ @ @ oil company Petroleos de Venezuela ( PDVSA ) and the Italian oil giant Eni , which together form the company Petrosucre .
The United States embassy in Trinidad and Tobago has sounded alarm bells about the impending environmental disaster , calling for “ immediate actions ” in order to avoid a heartbreaking catastrophe , the dimensions of which we haven ’ t seen since 1991 , when the ABT Summer spilled 80 million gallons into the Pacific Ocean off the coast of Angola .
Fears of the Nabarima ’ s sinking were raised @ @ @ @ @ @ @ which revealed that the Venezuelan FSO vessel is floating at an incline , “ raising fears that it could spill its load into the gulf devastating the regional fishing industry and delicate ecosystems , ” Newsweek reported on Sunday .
The whistleblowing photo was reportedly taken on October 13 , and was published on Friday the 16th by Fishermen and Friends of the Sea ( FFOS ) , an environmental NGO stationed in Trinidad and Tobago .
The Nabarima is just one of many Petrosucre operations that have been sitting idle since January @ @ @ @ @ @ @ of sanctions from the Trump administration prompted the company to halt all of its oil extraction operations .
This left the Nabarima adrift with 1.3 million barrels of crude oil , about 80 million gallons , which are now poised to spill into the Caribbean Sea .
If this unbridled disaster comes to pass , it won ’ t be the first Venezuelan oil spill this year .
In fact , it won ’ t even be the second .
“ In July , a state-owned refinery began to spill oil into the @ @ @ @ @ @ @ country ’ s most biodiverse areas , ” the New York Times reported in September .
And then , later that same month , the Washington Post reported that another oil slick had been found snaking across the Caribbean .
“ Venezuela ’ s once powerful oil industry is literally falling apart , with years of mismanagement , corruption , falling prices and a U.S. embargo imposed last year bringing aging infrastructure to the brink of collapse , ” the Washington Post reported on September 24 .
“ As the government scrambles to @ @ @ @ @ @ @ analysts are warning that ruptured pipelines , rusting tankers and rickety refineries are contributing to a mounting ecological disaster in this failing socialist state.
” Little did they know .
Any amount of oil leaking into the sea , destroying biodiversity and compromising the livelihoods and health of Venezuelans who are already suffering from extreme poverty and societal collapse , is a tragedy .
But the potential apocalyptic proportions of what may be one of the top ten biggest oil spills in history beginning before our eyes right off the battered Venezuelan coast @ @ @ @ @ @ @ scale .
As Nicolas Maduro ’ s failing government and crumbling infrastructure threaten to unleash hell on the Caribbean , it becomes all of our problem .
The degradation of the oceans , and of the Venezuelan people themselves , who are already suffering a human rights crisis , is the responsibility of the international community .
And we had better act fast , and hope that these reports end up sounding alarmist , and not prescient .

By Haley Zaremba
There’s nothing quite like the feeling of uncertainty and dread right in the moments before a disaster of gargantuan proportions unfolds in front of our eyes. We might be living in that moment now if immediate measures aren’t taken to prevent what is soon to be an oil spill so horrifically devastating that it would be eight times bigger than the Exxon Valdez oil spill, which spewed 10.8 million US gallons of crude oil into the waters off the coast of Alaska in 1989. Right now, there is a floating storage and offloading facility floating in the Gulf of Paria off the coast of Venezuela, and it could sink at any moment, sending a catastrophic quantity of oil–80 million gallons–into the crystalline waters of the Caribbean Sea, ranking it as one of the top ten worst oil spills in world history.
The Venezuelan vessel, called the Nabarima, is reportedly currently under repair in the Gulf of Paria, where it’s been floating, unused, since January of last year. The vessel is Venezuelan-flagged, but it’s actually operated as part of a joint venture between Venezuelan state oil company Petroleos de Venezuela (PDVSA) and the Italian oil giant Eni, which together form the company Petrosucre.
The United States embassy in Trinidad and Tobago has sounded alarm bells about the impending environmental disaster, calling for “immediate actions” in order to avoid a heartbreaking catastrophe, the dimensions of which we haven’t seen since 1991, when the ABT Summer spilled 80 million gallons into the Pacific Ocean off the coast of Angola.
Fears of the Nabarima’s sinking were raised when a photo was circulated last week which revealed that the Venezuelan FSO vessel is floating at an incline, “raising fears that it could spill its load into the gulf devastating the regional fishing industry and delicate ecosystems,” Newsweek reported on Sunday. The whistleblowing photo was reportedly taken on October 13, and was published on Friday the 16th by Fishermen and Friends of the Sea (FFOS), an environmental NGO stationed in Trinidad and Tobago.
The Nabarima is just one of many Petrosucre operations that have been sitting idle since January, 2019, when a fresh round of sanctions from the Trump administration prompted the company to halt all of its oil extraction operations. This left the Nabarima adrift with 1.3 million barrels of crude oil, about 80 million gallons, which are now poised to spill into the Caribbean Sea.
We are primarily funded by readers. Please subscribe and donate to support us!
If this unbridled disaster comes to pass, it won’t be the first Venezuelan oil spill this year. In fact, it won’t even be the second. “In July, a state-owned refinery began to spill oil into the Morrocoy National Park, one of the country’s most biodiverse areas,” the New York Times reported in September. And then, later that same month, the Washington Post reported that another oil slick had been found snaking across the Caribbean.
“Venezuela’s once powerful oil industry is literally falling apart, with years of mismanagement, corruption, falling prices and a U.S. embargo imposed last year bringing aging infrastructure to the brink of collapse,” the Washington Post reported on September 24. “As the government scrambles to repair and restart its fuel-processing capacity, analysts are warning that ruptured pipelines, rusting tankers and rickety refineries are contributing to a mounting ecological disaster in this failing socialist state.”
Little did they know. Any amount of oil leaking into the sea, destroying biodiversity and compromising the livelihoods and health of Venezuelans who are already suffering from extreme poverty and societal collapse, is a tragedy. But the potential apocalyptic proportions of what may be one of the top ten biggest oil spills in history beginning before our eyes right off the battered Venezuelan coast is a tragedy on a much grander scale.
As Nicolas Maduro’s failing government and crumbling infrastructure threaten to unleash hell on the Caribbean, it becomes all of our problem. The degradation of the oceans, and of the Venezuelan people themselves, who are already suffering a human rights crisis, is the responsibility of the international community. And we had better act fast, and hope that these reports end up sounding alarmist, and not prescient.
By Haley Zaremba for Oilprice.com


investmentwatchblog--2020-10-20--Why Stock Are Going to Go Into a MASSIVE Bubble in the Next 12 Months

The market will likely hit new all-time highs this week .
Stocks held support last week ( green line in the chart below ) .
We now have a bull flag forming on the 4-hour chart for the S & P 500 ( blue lines in the chart below ) .
It ’ s incredible to be writing this : stocks roaring to new all-time highs multiple times after one of the sharpest most violent sell-offs in history hitting in March of this year .
Indeed , by the look of things , we ’ re going to see a @ @ @ @ @ @ @ .
And why not ?
The economy appears to be coming back strongly from the COVID-19 shutdowns .
Last week we found out that retail sales rose 1.9 % month over month ( only 0.3 % was expected ) .
And against this backdrop of growth , central banks and policymakers have unleashed a TSUNAMI of money printing .
Remember , to combat the economic fallout from the Great Financial Crisis of 2008 central banks printed $ 12 trillion between 2008 and 2016 .
Well .
they ’ ve printed more than HALF @ @ @ @ @ @ @ in the six months from April to September alone .
Throw in stimulus programs from governments and the number balloons over $ 15 TRILLION .
Put another way , it previously took policymakers EIGHT years for to spend $ 12 trillion .
They ’ ve already committed to spending MORE than this in less than EIGHT months .
Also , and this is key…between stimulus payments and central bank lending facilities directly to small businesses/ Main Street , much of this money is actually going straight into the economy .
In the U.S. @ @ @ @ @ @ @ stimulus program of $ 3 trillion .
On top of this , the Fed has put over $ 1.6 TRILLION in actual real money into the U.S. economy in the form of credit facilities .
Add that up are you ’ re talking about $ 5+ trillion in new money entering the economy this year .
And now Congress is talking about another stimulus program somewhere between $ 500 million and $ 1.8 trillion being funneled into the economy sometime in the next three months .
That would put the total money printing @ @ @ @ @ @ @ 7 trillion .
Let ’ s put this into perspective .
The U.S. economy is roughly $ 22 trillion in size .
So , in the span of a single year , policymakers will have funneled an amount of money equal to nearly 33 % of U.S. GDP directly into the economy .
This is how you get a MASSIVE bubble .
As in the S & P 500 goes to 6,000 or higher in the next 12 months .
I realize that sounds insane .
But remember , we ’ re talking @ @ @ @ @ @ @ 33 % of the U.S. GDP being funneled into the economy in nine months .
As investors , our job is NOT to argue about what the market should do , it ’ s to make MONEY from what the market IS doing .
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 @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ join here :

The market will likely hit new all-time highs this week.
Stocks held support last week (green line in the chart below). We now have a bull flag forming on the 4-hour chart for the S&P 500 (blue lines in the chart below).
It’s incredible to be writing this: stocks roaring to new all-time highs multiple times after one of the sharpest most violent sell-offs in history hitting in March of this year.
Indeed, by the look of things, we’re going to see a massive stock bubble in the coming months.
And why not? The economy appears to be coming back strongly from the COVID-19 shutdowns. Last week we found out that retail sales rose 1.9% month over month (only 0.3% was expected).
And against this backdrop of growth, central banks and policymakers have unleashed a TSUNAMI of money printing.
Remember, to combat the economic fallout from the Great Financial Crisis of 2008 central banks printed $12 trillion between 2008 and 2016.
Well. they’ve printed more than HALF of this ($7 trillion) in the six months from April to September alone. Throw in stimulus programs from governments and the number balloons over $15 TRILLION.
Put another way, it previously took policymakers EIGHT years for to spend $12 trillion. They’ve already committed to spending MORE than this in less than EIGHT months.
Also, and this is key…between stimulus payments and central bank lending facilities directly to small businesses/ Main Street, much of this money is actually going straight into the economy.
In the U.S., we’ve already seen one stimulus program of $3 trillion. On top of this, the Fed has put over $1.6 TRILLION in actual real money into the U.S. economy in the form of credit facilities. Add that up are you’re talking about $5+ trillion in new money entering the economy this year.
And now Congress is talking about another stimulus program somewhere between $500 million and $1.8 trillion being funneled into the economy sometime in the next three months. That would put the total money printing for 2020 in the ballpark of $7 trillion.
Let’s put this into perspective. The U.S. economy is roughly $22 trillion in size. So, in the span of a single year, policymakers will have funneled an amount of money equal to nearly 33% of U.S. GDP directly into the economy.
This is how you get a MASSIVE bubble. As in the S&P 500 goes to 6,000 or higher in the next 12 months.
We are primarily funded by readers. Please subscribe and donate to support us!
I realize that sounds insane. But remember, we’re talking about an amount of liquidity equal to 33% of the U.S. GDP being funneled into the economy in nine months.
As investors, our job is NOT to argue about what the market should do, it’s to make MONEY from what the market IS doing.
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--2020-10-20--Gold Will Emerge as the Election’s True Victor – Analyst

This week , Your News to Know rounds up the latest stories involving gold and the overall economy .
Stories include : The right election bet , Goldman bearish on dollar and bullish on silver , and a return to the gold standard could be the only way out of the crisis .
Making the right bet ahead of the election As we near the election , gold is showing signs of coming to life .
On the back of an announcement last week that the White House is working on a new $ 1.8 trillion stimulus , gold jumped @ @ @ @ @ @ @ an extraordinarily loose monetary policy from the Federal Reserve , the engines appear ready once again .
As Forbes ’ Frank Holmes notes , the previous bout of monetary printing aided in gold soaring to an all-time high and greatly expanded its scope of investors .
He believes that another stimulus is likely to have a similar effect , as even the average citizen with little exposure to the financial sector becomes aware that their purchasing power is eroding .
The threat of inflation , long established as one of gold ’ s @ @ @ @ @ @ @ here to stay .
Holmes also asserts that gold shines the light on some deep-rooted issues that might soon be unearthed .
The $ 27 trillion national debt pile has accumulated at a swift and steady pace , and will soon be further expanded , raising the questions of how far it can go .
As numerous experts have pointed out , since there is no palatable solution to the debt issue , many officials try to ignore it .
Yet while they might be turning a blind eye , a rising number @ @ @ @ @ @ @ awry .
These investors are finding their way towards gold , be they an individual , an institution or an occasional celebrity , like billionaire investor Leon Cooperman , who compared the debt issue to those experienced by banana republics .
While warnings of a dollar collapse may have once occupied a fringe position , some exposure to the mainstream shows that they are coming closer to home .
A recent article by Reuters , which showed a number of analysts concerned about the dollar , only drew attention to the very real @ @ @ @ @ @ @ plans to issue another historic stimulus , the Federal Reserve also stated that it would allow inflation to run higher for an indefinite amount of time , seemingly all but signaling a dollar debasement .
Goldman Sachs isn ’ t among those waiting for the numbers to turn red .
After multiple price forecast upgrades for gold , Goldman ’ s team have now turned their attention to silver .
Among the factors pointing towards dollar weakness , the analysts highlighted the rising likelihood of a Biden win , which could push the @ @ @ @ @ @ @ Schiff , who is often cited as one of the loudest voices of warning ahead of the 2008 financial crisis , has recently returned to familiar tone .
In a speech , Schiff revealed that he is unabashedly bullish on gold and expects it to take the dollar ’ s place as a reserve currency after the greenback collapses .
In a different analysis , Goldman ’ s Mikhail Sprogis pointed to silver ’ s industrial component , which might come into special prominence as the world turns towards green energy .
Besides @ @ @ @ @ @ @ silver holders have more to look forward to .
The gold-to-silver ratio has recently move to near 80 , suggesting that silver is still significantly underpriced even after posting its best quarter since 2010 .
An ongoingly troublesome supply picture , one made worse by pandemic closures , stands as another strong tailwind to watch out for .
A return to the gold standard is looking increasingly plausible As concerning as soaring sovereign debt is , it has largely been staved off from collapsing the global economy with the assistance of four decades @ @ @ @ @ @ @ now , as Seeking Alpha ’ s Zoltan Ban notes , rates have dipped into negative territory , marking a turning point where issuers of fiat must ask themselves some serious questions .
The key among them is how to find a way to assure others of the currency ’ s value .
With a deficit of over $ 3 trillion this year and projections for at least $ 2 trillion next year , the U.S. could be on the fast track towards inflation if steps aren ’ t taken .
While other @ @ @ @ @ @ @ as they are stuck in their own money-printing cycles , questions will eventually get asked and a return to a commodity-based system is perhaps the only scenario Ban finds likely .
Whereas nations with strong exports like Russia might fall back on an oil standard for their currency , Ban believes the gold standard will be the preferred choice for many , U.S. included .
Although gold has , in modern times , only been used as currency in times of severe crisis such as the one Iran experienced , the world is @ @ @ @ @ @ @ with the yellow metal as tether .
China ’ s newly-opened gold-backed oil exchange will not only expose users from around the world to the yuan , but will also make it easier for many oil exporting countries to lessen their dependence on the U.S. dollar .
The somewhat favorable outcome of the 2008 crisis has lulled many into a false sense of security and given them expectations that the next crisis can be resolved just as easily .
Corporate bond yields are a major red flag , and various retail disruptions are @ @ @ @ @ @ @ be triggered by firms , who are themselves holders of debt .
Whether it ’ s corporate debt or any of the other factors putting downwards pressure , Ban is bracing for an inflation trigger and a subsequent re-evaluation of fiat currencies no more than a few years down the line .

From Birch Gold Group
This week, Your News to Know rounds up the latest stories involving gold and the overall economy. Stories include: The right election bet, Goldman bearish on dollar and bullish on silver, and a return to the gold standard could be the only way out of the crisis.
Making the right bet ahead of the election
As we near the election, gold is showing signs of coming to life. On the back of an announcement last week that the White House is working on a new $1.8 trillion stimulus, gold jumped 1.8%. In the context of an extraordinarily loose monetary policy from the Federal Reserve, the engines appear ready once again.
As Forbes’ Frank Holmes notes, the previous bout of monetary printing aided in gold soaring to an all-time high and greatly expanded its scope of investors. He believes that another stimulus is likely to have a similar effect, as even the average citizen with little exposure to the financial sector becomes aware that their purchasing power is eroding. The threat of inflation, long established as one of gold’s primary drivers, might as well be here to stay.
Holmes also asserts that gold shines the light on some deep-rooted issues that might soon be unearthed. The $27 trillion national debt pile has accumulated at a swift and steady pace, and will soon be further expanded, raising the questions of how far it can go.
As numerous experts have pointed out, since there is no palatable solution to the debt issue, many officials try to ignore it. Yet while they might be turning a blind eye, a rising number of investors are noticing that something is awry. These investors are finding their way towards gold, be they an individual, an institution or an occasional celebrity, like billionaire investor Leon Cooperman, who compared the debt issue to those experienced by banana republics.
We are primarily funded by readers. Please subscribe and donate to support us!
Goldman Sachs: Sell dollars and buy silver
While warnings of a dollar collapse may have once occupied a fringe position, some exposure to the mainstream shows that they are coming closer to home. A recent article by Reuters, which showed a number of analysts concerned about the dollar, only drew attention to the very real fundamentals behind the concern. Along with plans to issue another historic stimulus, the Federal Reserve also stated that it would allow inflation to run higher for an indefinite amount of time, seemingly all but signaling a dollar debasement.
Goldman Sachs isn’t among those waiting for the numbers to turn red. After multiple price forecast upgrades for gold, Goldman’s team have now turned their attention to silver. Among the factors pointing towards dollar weakness, the analysts highlighted the rising likelihood of a Biden win, which could push the greenback to its 2018 lows.
Peter Schiff, who is often cited as one of the loudest voices of warning ahead of the 2008 financial crisis, has recently returned to familiar tone. In a speech, Schiff revealed that he is unabashedly bullish on gold and expects it to take the dollar’s place as a reserve currency after the greenback collapses.
In a different analysis, Goldman’s Mikhail Sprogis pointed to silver’s industrial component, which might come into special prominence as the world turns towards green energy. Besides a favorable investment and industrial outlook, silver holders have more to look forward to. The gold-to-silver ratio has recently move to near 80, suggesting that silver is still significantly underpriced even after posting its best quarter since 2010. An ongoingly troublesome supply picture, one made worse by pandemic closures, stands as another strong tailwind to watch out for.
A return to the gold standard is looking increasingly plausible
As concerning as soaring sovereign debt is, it has largely been staved off from collapsing the global economy with the assistance of four decades of gradually lower interest rates. But now, as Seeking Alpha’s Zoltan Ban notes, rates have dipped into negative territory, marking a turning point where issuers of fiat must ask themselves some serious questions. The key among them is how to find a way to assure others of the currency’s value.
With a deficit of over $3 trillion this year and projections for at least $2 trillion next year, the U.S. could be on the fast track towards inflation if steps aren’t taken. While other countries might not notice it just yet as they are stuck in their own money-printing cycles, questions will eventually get asked and a return to a commodity-based system is perhaps the only scenario Ban finds likely. Whereas nations with strong exports like Russia might fall back on an oil standard for their currency, Ban believes the gold standard will be the preferred choice for many, U.S. included.
Although gold has, in modern times, only been used as currency in times of severe crisis such as the one Iran experienced, the world is now being given the option to trade with the yellow metal as tether. China’s newly-opened gold-backed oil exchange will not only expose users from around the world to the yuan, but will also make it easier for many oil exporting countries to lessen their dependence on the U.S. dollar.
The somewhat favorable outcome of the 2008 crisis has lulled many into a false sense of security and given them expectations that the next crisis can be resolved just as easily. Corporate bond yields are a major red flag, and various retail disruptions are perhaps warning that the next crisis could be triggered by firms, who are themselves holders of debt. Whether it’s corporate debt or any of the other factors putting downwards pressure, Ban is bracing for an inflation trigger and a subsequent re-evaluation of fiat currencies no more than a few years down the line.


investmentwatchblog--2020-10-20--Gold Is the Only Way Out for Central Banks

by Jan Nieuwenhuijs via The Gold Observer Many years of loose and unconventional monetary policy have severely damaged financial markets and the global economy .
Currently , central banks find themselves cornered , as the financial system is drowning in debt and addicted to ever easier money .
Gold , however , provides multiple solutions .
The other day I sent out a thought-provoking tweet , which addressed how gold can solve three problems central banks are currently facing : The tweet was born out of several ideas I had for articles to write .
One , on the relationship @ @ @ @ @ @ @ , and the inflation needed to lower the debt burden .
Two , on the accounting structure of central banks ’ balance sheets , and the ability of using gains in the price of gold to absorb losses on other assets .
Three , on restoring financial stability through a new equitable monetary system that incorporates gold .
In aggregate , I think gold will be used to get out of the current financial mess .
Today ’ s article is a preview of the three aforementioned articles .
Due to excessive debt @ @ @ @ @ @ @ spur inflation and keep interest rates at or below zero .
Deeply negative real interest rates would lower the debt burden .
But creating consumer price inflation is not easy in this day and age .
Strictly speaking , there is no economic law that guarantees that a higher gold price will create inflation .
Though , historically the gold price has been an expression of inflation expectations .
In turn , inflation expectations are what feed into inflation .
So , when the gold price goes up , inflation usually rises within @ @ @ @ @ @ @ chart below ) .
Exhibit 1 .
Gold price growth is plotted the same way as inflation : as a percentage change from one year ago ( YOY ) .
In 1990s the Federal Reserve even based its monetary policy partially on the price of gold ( source ) .
If the gold price went up—and the market signaled it was expecting inflation to rise—the Fed would tighten .
If the gold price fell , the Fed would do the opposite .
On February 22 , 1994 , the Chairman of the Fed @ @ @ @ @ @ @ : A higher gold price can bolster inflation expectations , and this is what central banks want .
There is a big difference between how gold is valued on the balance sheets of European central banks versus the Federal Reserve .
The Fed holds gold certificates on the assets side of its balance sheet , which correspond to the Treasury General Account on the liability side of its balance sheet .
The Treasury being the owner of the gold .
Revaluing gold wouldn ’ t profit the Fed , but it would profit @ @ @ @ @ @ @ central banks carry gold outright on their balance sheets .
Since the Eurosystem was launched in 1999 , these central banks have continuously mark-to-market their gold .
( Unlike in the U.S. where the monetary gold is still valued at the statutory value of $ 42.22 per troy ounce . )
From an accounting perspective , European central banks have created a capital buffer , consisting of unrealized gains in the gold price , to absorb losses on bad debt .
Exhibit 2 .
From Germany ’ s Gold , published by the @ @ @ @ @ @ @ recent years , central banks have soaked up a tremendous amount of government bonds .
Possibly , some of these bonds , i.e .
Italian bonds , will be restructured and central banks will have to take losses .
In the eurozone—but elsewhere too—the gold capital buffer can absorb these losses .
If there is too little capital , the price of gold can be revalued .
At this point , printing more money and lowering interest rates only works counterproductive .
More unconventional monetary policy will increase the debt burden , lower @ @ @ @ @ @ @ , etc .
It ’ s a dead end street .
One might wonder , why don ’ t central banks revert to a gold standard ?
Gold has been the most stable currency in the past centuries , if not millennia .
Why not switch to a monetary system based on gold and discipline ?
There are two reasons .
One , if a country would shift to a gold standard tomorrow , its currency would appreciate versus other currencies , which is unacceptable now .
Countries will not shift to gold @ @ @ @ @ @ @ decreased , and there is no other option due to societal instability .
Then , they can shift to gold all at once to restore stability .
Two , gold reserves need to be evenly distributed internationally for an equitable and durable monetary system based on gold .
Why ?
The economist Robert A. Mundell wrote that in the late 19th century more and more countries joined the gold standard , which made gold demand go up .
As a result , the value of gold increased , which—on a gold standard—was deflationary @ @ @ @ @ @ @ evidence that Mundell is right , his theory makes sense .
Accordingly , it would be advantageous for gold reserves to be equally dispersed relative to GDP before the world switches to a gold standard , or the new system would be unstable from the start .
Previously , I have shown that since the 1970s monetary gold has been more evenly distributed around the world , supported by gold sales from European nations that relatively owned too much .
The Dutch Minister of Finance officially stated in 2011 : By distributing gold @ @ @ @ @ @ @ international gold standard .
Furthermore , on its website the Dutch central bank is clear on gold ’ s potential : As a follow up , I will publish more on the distribution of “ the gold stock [ that ] can serve as a basis to build ” up a new system .
The above is a short discussion on the dynamics regarding gold and financial developments in the years ahead .
As I have stated before I think we are heading towards a new monetary system that incorporates gold .
Although @ @ @ @ @ @ @ will be structured .
When I write about a forthcoming “ gold standard , ” it refers to either a classical gold standard or a new model .
Of course , I have simplified everything , and left out the pandemic ( because I don ’ t think it will last forever ) .
In this first article , I hope to have provided an indication of the things to come at The Gold Observer .
If you enjoyed reading this article please consider to support The Gold Observer and subscribe to the @ @ @ @ @ @ @ 2016 ) .
Inflation Expectations Are Important to Central Bankers , Too .
( link ) • Nieuwenhuijs , Jan ( 2020 ) .
How the Fed Controlled the Price of Gold From 1982 Until 1995 .
( link ) • Mundell , Robert A .
( 1997 ) .
The International Monetary System in the 21st Century : Could Gold Make a Comeback ?
( link ) • Nieuwenhuijs , Jan ( 2020 ) .
Europe Has Been Preparing a Global Gold Standard Since the 1970s .
( link )

by Jan Nieuwenhuijs via The Gold Observer
Many years of loose and unconventional monetary policy have severely damaged financial markets and the global economy. Currently, central banks find themselves cornered, as the financial system is drowning in debt and addicted to ever easier money. Gold, however, provides multiple solutions.
The other day I sent out a thought-provoking tweet, which addressed how gold can solve three problems central banks are currently facing:
Lacking inflation
Bad debt on their balance sheets
Financial instability
Gold is the only way out for central banks. CBs want inflation? They need a higher gold price. CBs want to repair their balance sheets? They need a higher gold price. CBs want to reset the system with an immutable, neutral, and evenly distributed reserve asset? That’s gold. — Jan Nieuwenhuijs (@JanGold_) October 9, 2020
The tweet was born out of several ideas I had for articles to write. One, on the relationship between the gold price, inflation expectations, and the inflation needed to lower the debt burden. Two, on the accounting structure of central banks’ balance sheets, and the ability of using gains in the price of gold to absorb losses on other assets. Three, on restoring financial stability through a new equitable monetary system that incorporates gold. In aggregate, I think gold will be used to get out of the current financial mess.
Today’s article is a preview of the three aforementioned articles.
Gold, Inflation Expectations, and Inflation
Due to excessive debt levels, central banks are desperate to spur inflation and keep interest rates at or below zero. Deeply negative real interest rates would lower the debt burden. But creating consumer price inflation is not easy in this day and age.
Strictly speaking, there is no economic law that guarantees that a higher gold price will create inflation. Though, historically the gold price has been an expression of inflation expectations. In turn, inflation expectations are what feed into inflation. So, when the gold price goes up, inflation usually rises within a year or two (see the chart below).
Exhibit 1. Gold price growth is plotted the same way as inflation: as a percentage change from one year ago (YOY).
In 1990s the Federal Reserve even based its monetary policy partially on the price of gold (source). If the gold price went up—and the market signaled it was expecting inflation to rise—the Fed would tighten. If the gold price fell, the Fed would do the opposite. On February 22, 1994, the Chairman of the Fed, Alan Greenspan, explained to Congress:
[Gold] is a store of value measure which has shown a fairly consistent lead on inflation expectations and has been over the years a reasonably good indicator, among others, of what inflation expectations are doing. It does this better than commodity prices or a lot of other things.
A higher gold price can bolster inflation expectations, and this is what central banks want.
Repairing Central Banks’ Balance Sheets
There is a big difference between how gold is valued on the balance sheets of European central banks versus the Federal Reserve. The Fed holds gold certificates on the assets side of its balance sheet, which correspond to the Treasury General Account on the liability side of its balance sheet. The Treasury being the owner of the gold. Revaluing gold wouldn’t profit the Fed, but it would profit the Treasury.
In the eurozone, central banks carry gold outright on their balance sheets. Since the Eurosystem was launched in 1999, these central banks have continuously mark-to-market their gold. (Unlike in the U.S. where the monetary gold is still valued at the statutory value of $42.22 per troy ounce.) From an accounting perspective, European central banks have created a capital buffer, consisting of unrealized gains in the gold price, to absorb losses on bad debt.
We are primarily funded by readers. Please subscribe and donate to support us!
Exhibit 2. From Germany’s Gold, published by the German central bank in 2018.
In recent years, central banks have soaked up a tremendous amount of government bonds. Possibly, some of these bonds, i.e. Italian bonds, will be restructured and central banks will have to take losses. In the eurozone—but elsewhere too—the gold capital buffer can absorb these losses. If there is too little capital, the price of gold can be revalued.
Restoring Financial Stability
At this point, printing more money and lowering interest rates only works counterproductive. More unconventional monetary policy will increase the debt burden, lower productivity, increase inequality and social unrest, etc. It’s a dead end street. One might wonder, why don’t central banks revert to a gold standard? Gold has been the most stable currency in the past centuries, if not millennia. Why not switch to a monetary system based on gold and discipline? There are two reasons.
One, if a country would shift to a gold standard tomorrow, its currency would appreciate versus other currencies, which is unacceptable now. Countries will not shift to gold until their debt to GDP ratios have decreased, and there is no other option due to societal instability. Then, they can shift to gold all at once to restore stability.
Two, gold reserves need to be evenly distributed internationally for an equitable and durable monetary system based on gold. Why? The economist Robert A. Mundell wrote that in the late 19th century more and more countries joined the gold standard, which made gold demand go up. As a result, the value of gold increased, which—on a gold standard—was deflationary. Although I do not have empirical evidence that Mundell is right, his theory makes sense. Accordingly, it would be advantageous for gold reserves to be equally dispersed relative to GDP before the world switches to a gold standard, or the new system would be unstable from the start.
Previously, I have shown that since the 1970s monetary gold has been more evenly distributed around the world, supported by gold sales from European nations that relatively owned too much. The Dutch Minister of Finance officially stated in 2011:
Through gold sales in the past, the Dutch central bank brought its gold holdings relatively more in line with other important gold holding nations. At the time, DNB [Dutch central bank] determined that from an international perspective it owned a lot of gold proportionally.
By distributing gold reserves, Europe has prepared an equitable international gold standard. Furthermore, on its website the Dutch central bank is clear on gold’s potential:
Shares, bonds and other securities are not without risk, and prices can go down. But a bar of gold retains its value, … Gold is the perfect piggy bank – it’s the anchor of trust for the financial system. If the system collapses, the gold stock can serve as a basis to build it up again.
As a follow up, I will publish more on the distribution of “the gold stock [that] can serve as a basis to build” up a new system.
Final Remarks
The above is a short discussion on the dynamics regarding gold and financial developments in the years ahead. As I have stated before I think we are heading towards a new monetary system that incorporates gold. Although, I do not know how it will be structured. When I write about a forthcoming “gold standard,” it refers to either a classical gold standard or a new model.
Of course, I have simplified everything, and left out the pandemic (because I don’t think it will last forever). In this first article, I hope to have provided an indication of the things to come at The Gold Observer.
If you enjoyed reading this article please consider to support The Gold Observer and subscribe to the newsletter.
Sources:
Bullard, James (2016). Inflation Expectations Are Important to Central Bankers, Too. (link)
Nieuwenhuijs, Jan (2020). How the Fed Controlled the Price of Gold From 1982 Until 1995. (link)
Mundell, Robert A. (1997). The International Monetary System in the 21st Century: Could Gold Make a Comeback? (link)
Nieuwenhuijs, Jan (2020). Europe Has Been Preparing a Global Gold Standard Since the 1970s. (link)


investmentwatchblog--2020-10-20--Technical Analysis Shows Clear Support Ranges In The Stock Market

by Chris Vermeulen of The Technical Traders Clusters of Doji shaped candles have , for centuries , illustrated very clear levels of support/resistance in price action .
Whenever multiple Doji candles appear in a cluster-like formation , traders should pay attention to these levels as future support/resistance ranges for price action .
In the case of the S & P500 E-Mini Futures Daily Chart , we can clearly see three separate support zones – the highest one being right where price closed on Friday ( near 3475 ) .
As the US elections near , we do expect increased volatility @ @ @ @ @ @ @ markets .
Currently , our predictive modeling systems are suggesting a Bullish trend bias is in place in the markets .
Therefore , we expect the bias of the trend to continue to push higher .
Yet , these Doji Cluster support levels become very clear downside targets if increased volatility prompts any broad market rotation over the next few days/weeks .
These three levels are : We are suggesting that IF any deeper market rotation takes place , support near these Doji Cluster levels would likely act as a major price floor @ @ @ @ @ @ @ potential for a quick upside price reversal near these levels .
If the lowest level , near 3200 , is breached by deeper price rotation , then a new price correction phase may setup .
Traders should use these levels to prepare for the expected volatility spike as we near the US elections .
We believe price will become more volatile as traders/investors attempt to reposition assets away from risk before the elections .
We are particularly concerned of a breakdown in the Technology sector related to recent threats to increase liability related @ @ @ @ @ @ @ that protects companies like Facebook and Twitter from the same Publisher Liability as major newspapers .
Given the renewed focus on these social media sites and the content posted/restricted on these sites , it appears they have become the target of investigations and the US Congress .
This could lead to some very big volatility spikes in the NASDAQ and the Technology sector over the next few weeks and months .
This could result in some very good trade setups as price levels may rotate wildly because of the elections and the pending @ @ @ @ @ @ @ .
Want to learn how we help traders stay ahead of these bigger trends and setups ?
Visit www.TheTechnicalTraders.com to learn more about my swing trade alert and passive long-term signals services .
Stay ahead of the market and protect your wealth by signing up today !
NOTICE AND DISCLAIMER : Our free research does not constitute a trade recommendation or solicitation for our readers to take any action regarding this research .
It is provided for educational purposes only – read our FULL DISCLAIMER here .

by Chris Vermeulen of The Technical Traders
Clusters of Doji shaped candles have, for centuries, illustrated very clear levels of support/resistance in price action. Whenever multiple Doji candles appear in a cluster-like formation, traders should pay attention to these levels as future support/resistance ranges for price action. In the case of the S&P500 E-Mini Futures Daily Chart, we can clearly see three separate support zones – the highest one being right where price closed on Friday (near 3475).
As the US elections near, we do expect increased volatility to become a factor in the US markets. Currently, our predictive modeling systems are suggesting a Bullish trend bias is in place in the markets. Therefore, we expect the bias of the trend to continue to push higher. Yet, these Doji Cluster support levels become very clear downside targets if increased volatility prompts any broad market rotation over the next few days/weeks. These three levels are :
3445~3495
3330~3390
3185~3225
We are suggesting that IF any deeper market rotation takes place, support near these Doji Cluster levels would likely act as a major price floor – prompting some price support and a potential for a quick upside price reversal near these levels. If the lowest level, near 3200, is breached by deeper price rotation, then a new price correction phase may setup.
Traders should use these levels to prepare for the expected volatility spike as we near the US elections. We believe price will become more volatile as traders/investors attempt to reposition assets away from risk before the elections. We are particularly concerned of a breakdown in the Technology sector related to recent threats to increase liability related to a special clause (230) that protects companies like Facebook and Twitter from the same Publisher Liability as major newspapers.
We are primarily funded by readers. Please subscribe and donate to support us!
Given the renewed focus on these social media sites and the content posted/restricted on these sites, it appears they have become the target of investigations and the US Congress. This could lead to some very big volatility spikes in the NASDAQ and the Technology sector over the next few weeks and months. This could result in some very good trade setups as price levels may rotate wildly because of the elections and the pending decisions related to these social media firms.
Want to learn how we help traders stay ahead of these bigger trends and setups? Visit www.TheTechnicalTraders.com to learn more about my swing trade alert and passive long-term signals services. Stay ahead of the market and protect your wealth by signing up today!
Chris Vermeulen
Chief Market Strategist
www.TheTechnicalTraders.com
NOTICE AND DISCLAIMER: Our free research does not constitute a trade recommendation or solicitation for our readers to take any action regarding this research. It is provided for educational purposes only – read our FULL DISCLAIMER here.


investmentwatchblog--2020-10-20--Food Shortages Hit China: There Is “not…enough fresh food to go around”

by Robert Wheeler via The Organic Prepper Over the past few weeks , I have been writing articles regarding a coming food shortage .
I ’ ve been pointing out that the food shortage is going to hit the United States hard but that it is also going to hit the rest of the world .
A worldwide fit of hysteria over COVID , resulting in the shutdown of the world ’ s economy , interruption of the supply chain , and the destruction of food products , as well as international trade wars and natural disasters , are going @ @ @ @ @ @ @ this winter one of the toughest on record .
But while many have dismissed my claims , I ’ d like to draw your attention to the fact that China is now publicly acknowledging a coming food shortage .
( And as noted in this article , when they admit there ’ s a problem , it ’ s a BIG problem . )
In fact , China even has an anti-food-wasting campaign going on across the country right this minute encouraging people to eat half portions or at least make sure to @ @ @ @ @ @ @ 5 , article for the New York Times entitled “ China ’ s mealtime appeal amid food supply worries : Don ’ t take more than you can eat , ” Eva Dou writes , On the surface , China ’ s campaign to encourage mealtime thrift has been a cheerful affair , with soldiers , factory workers and schoolchildren shown polishing their plates clean of food .
But behind the drive is a harsh reality .
China does not have enough fresh food to go around — and neither does much of @ @ @ @ @ @ @ weather have disrupted agricultural supply chains , leaving food prices sharply higher in countries as diverse as Yemen , Sudan , Mexico and South Korea .
The United Nations warned in June that the world is on the brink of its worst food crisis in 50 years .
“ It ’ s scary and it ’ s overwhelming , ” Arif Husain , chief economist of the United Nations World Food Program , said in an interview .
“ I don ’ t think we have seen anything like this ever.
” Those @ @ @ @ @ @ @ least .
Right now , the food products in China that are facing the toughest situation are corn and pork .
China ’ s pork industry was hit hard by African Swine Fever ( at least we are told ) and flooding ruined a large portion of China ’ s corn crops .
But it ’ s not just those two products that are at risk .
Fresh food of every kind is in short supply for the same reasons as the United States , i.e .
insane shutdown policies .
China is @ @ @ @ @ @ @ food crisis currently and it is attempting to reassure the population that it has enough wheat in reserve to feed everyone for a year .
But the reality is different from the claims , as China ’ s pork prices rose 135 percent in February , and floods killed so many vegetable crops .
You may wonder how this shortage in China affects us .
Ironically , China is dependent on the United States to bridge its corn shortfall .
Despite the fact that we are allegedly in a trade war with China @ @ @ @ @ @ @ be facing a shortage of food of their own , it ’ s likely that the good ol ’ USA will tell its citizens to take one for the team yet again and help stabilize the brutal Communist dictatorship that Americans built by shipping their jobs overseas with Free Trade .
Political unrest goes hand in hand with food insecurity .
And it ’ s true that China ’ s government may not view the food crisis as the biggest concern .
Instead , it views political unrest as the biggest threat .
@ @ @ @ @ @ @ Communist Party , is a direct result , especially in China , of food insecurity .
Both of its major political disruptions – the 1950s and 1980s – came at a time when food was in scarce supply .
But , for now , China is attempting to convince its population to embrace austerity voluntarily and through social shaming ( like America ’ s masks ) in order to stave off the crisis a little longer .
Dou describes the “ Clean Plate ’ push in her article by writing , Beijing ’ @ @ @ @ @ @ @ Clean Plate Campaign ” launched in August , with the aim of curbing food use without prompting public alarm .
Like the American Victory Gardens of World War II , the campaign is as much about trying to unite the country around a patriotic mission in a time of hardship as it is about securing the food supply .
Restaurants across the nation are dishing out “ half-servings ” in line with the drive .
Some , such as the upscale Peking duck chain Quanjude , have instructed servers to nag diners not @ @ @ @ @ @ @ people for leaving too much on their plates .
At one elementary school in southern China , students must send teachers short videos of their dinner each night to verify they are cleaning their plates , according to the state-run People ’ s Daily .
A number of university canteens are giving away fruit and other small gifts to students who finish their lunches .
Even billionaire Jack Ma , founder of the online retail giant Alibaba , has been filmed trying to save food .
A recent viral video shows him asking @ @ @ @ @ @ @ be boxed up to go .
“ Pack it up , pack it up , pack it up !
” he says in the video .
“ I will eat it on the plane.
” Government officials are , of course , forbidden from holding lavish banquets during this period .
World Food Program economists have already estimated that 270 million people globally are suffering from hunger this year .
That ’ s more than twice last year ’ s amount .
That number does not include China , the United States , @ @ @ @ @ @ @ food-secure countries .
Given what everyone can see with their own eyes on American shelves and the recent “ clean plate ” campaign in China , the term “ food secure ” is being used liberally these days .
While we may get lucky and dodge the bullet , we strongly encourage you to prep while you can .
Even if no major shortages occur , you ’ ll be hedging your bet against food prices that will almost certainly increase dramatically over the next few years .

by Robert Wheeler via The Organic Prepper
Over the past few weeks, I have been writing articles regarding a coming food shortage. I’ve been pointing out that the food shortage is going to hit the United States hard but that it is also going to hit the rest of the world.
A worldwide fit of hysteria over COVID, resulting in the shutdown of the world’s economy, interruption of the supply chain, and the destruction of food products, as well as international trade wars and natural disasters, are going to collide with one another and make this winter one of the toughest on record.
China is publicly acknowledging a coming food shortage.
But while many have dismissed my claims, I’d like to draw your attention to the fact that China is now publicly acknowledging a coming food shortage. (And as noted in this article, when they admit there’s a problem, it’s a BIG problem. ) In fact, China even has an anti-food-wasting campaign going on across the country right this minute encouraging people to eat half portions or at least make sure to finish their plates.
In an October 5, article for the New York Times entitled “China’s mealtime appeal amid food supply worries: Don’t take more than you can eat,” Eva Dou writes,
On the surface, China’s campaign to encourage mealtime thrift has been a cheerful affair, with soldiers, factory workers and schoolchildren shown polishing their plates clean of food. But behind the drive is a harsh reality. China does not have enough fresh food to go around — and neither does much of the world. The pandemic and extreme weather have disrupted agricultural supply chains, leaving food prices sharply higher in countries as diverse as Yemen, Sudan, Mexico and South Korea. The United Nations warned in June that the world is on the brink of its worst food crisis in 50 years. “It’s scary and it’s overwhelming,” Arif Husain, chief economist of the United Nations World Food Program, said in an interview. “I don’t think we have seen anything like this ever.”
Those are strong words, to say the least.
Right now, the food products in China that are facing the toughest situation are corn and pork. China’s pork industry was hit hard by African Swine Fever (at least we are told) and flooding ruined a large portion of China’s corn crops. But it’s not just those two products that are at risk. Fresh food of every kind is in short supply for the same reasons as the United States, i.e. insane shutdown policies.
China is claiming that it is not in a food crisis currently and it is attempting to reassure the population that it has enough wheat in reserve to feed everyone for a year. But the reality is different from the claims, as China’s pork prices rose 135 percent in February, and floods killed so many vegetable crops.
We are primarily funded by readers. Please subscribe and donate to support us!
You may wonder how this shortage in China affects us.
Ironically, China is dependent on the United States to bridge its corn shortfall. Despite the fact that we are allegedly in a trade war with China and the fact that Americans will soon be facing a shortage of food of their own, it’s likely that the good ol’ USA will tell its citizens to take one for the team yet again and help stabilize the brutal Communist dictatorship that Americans built by shipping their jobs overseas with Free Trade.
Political unrest goes hand in hand with food insecurity.
And it’s true that China’s government may not view the food crisis as the biggest concern. Instead, it views political unrest as the biggest threat. Political unrest, unfortunately for the Chinese Communist Party, is a direct result, especially in China, of food insecurity.
Both of its major political disruptions – the 1950s and 1980s – came at a time when food was in scarce supply.
But, for now, China is attempting to convince its population to embrace austerity voluntarily and through social shaming (like America’s masks) in order to stave off the crisis a little longer. Dou describes the “Clean Plate’ push in her article by writing,
Beijing’s solution has been a sunny “Clean Plate Campaign” launched in August, with the aim of curbing food use without prompting public alarm. Like the American Victory Gardens of World War II, the campaign is as much about trying to unite the country around a patriotic mission in a time of hardship as it is about securing the food supply. Restaurants across the nation are dishing out “half-servings” in line with the drive. Some, such as the upscale Peking duck chain Quanjude, have instructed servers to nag diners not to waste. Other restaurants are fining people for leaving too much on their plates. At one elementary school in southern China, students must send teachers short videos of their dinner each night to verify they are cleaning their plates, according to the state-run People’s Daily. A number of university canteens are giving away fruit and other small gifts to students who finish their lunches. Even billionaire Jack Ma, founder of the online retail giant Alibaba, has been filmed trying to save food. A recent viral video shows him asking for his unfinished crab and lobster to be boxed up to go. “Pack it up, pack it up, pack it up!” he says in the video. “I will eat it on the plane.” Government officials are, of course, forbidden from holding lavish banquets during this period.
This is a global problem.
World Food Program economists have already estimated that 270 million people globally are suffering from hunger this year. That’s more than twice last year’s amount. That number does not include China, the United States, and Europe as they are all considered food-secure countries.
Given what everyone can see with their own eyes on American shelves and the recent “clean plate” campaign in China, the term “food secure” is being used liberally these days.
While we may get lucky and dodge the bullet, we strongly encourage you to prep while you can. Even if no major shortages occur, you’ll be hedging your bet against food prices that will almost certainly increase dramatically over the next few years.


investmentwatchblog--2020-10-20--Lenders Tighten Standards On Credit Cards To Beyond Financial Crisis Peaks

To quote Dean Martin , “ Ain ’ t That A Kick In The Head.
” Let ’ em have @ @ @ @ @ of Domestic Respondents Tightening Standards on Consumer Credit Card Loans just rose to a level @ @ @ @ @ financial crisis .
Odd since US home prices are rising through the stratosphere and mortgage @ @ @ @ @ low .
Essentially , homeowners will equity in their homes may have to turn to @ @ @ @ @ using credit cards .
Yes , cash-out refis ( white line ) have grown as @ @ @ @ @ line ) .
Like the sailor said , quote , ain ’ t that a @ @ @ @ @

by confoundedinterest17
To quote Dean Martin, “Ain’t That A Kick In The Head.” Let ’em have it!“
Net % of Domestic Respondents Tightening Standards on Consumer Credit Card Loans just rose to a level higher than that of the financial crisis.
We are primarily funded by readers. Please subscribe and donate to support us!
Odd since US home prices are rising through the stratosphere and mortgage rates are at an all-time low. Essentially, homeowners will equity in their homes may have to turn to cash-out refis in lieu of using credit cards.
Yes, cash-out refis (white line) have grown as consumer credit tightens (yellow line).
Like the sailor said, quote, ain’t that a hole in the boat?


investmentwatchblog--2020-10-20--Great Question: How Long Has The U.S. Intelligence Apparatus Been Selecting Presidential Candidates?

Great Question: How Long Has The U.S. Intelligence Apparatus Been Selecting Presidential Candidates?…

One would have to be intellectually obtuse to think former President Barack Obama was unaware his Vice-President , Joe Biden @ @ @ @ @ from his use of Hunter Biden as family bagman while lobbying foreign governments .
With @ @ @ @ @ considering all of the downstream consequences from the original selection of Joe Biden as the @ @ @ @ @ how those in power now have the tool of the NSA database to control political @ @ @ @ @ the intelligence apparatus been involved in selecting the U.S. presidential candidates ?

One would have to be intellectually obtuse to think former President Barack Obama was unaware his Vice-President, Joe Biden, was raking in tens-of-millions from his use of Hunter Biden as family bagman while lobbying foreign governments.
We are primarily funded by readers. Please subscribe and donate to support us!
With that in mind; and considering all of the downstream consequences from the original selection of Joe Biden as the VP candidate; and considering how those in power now have the tool of the NSA database to control political offices; how long has the intelligence apparatus been involved in selecting the U.S. presidential candidates?