investmentwatchblog--2020-11-11--$BABA – Jack Ma, Singles Day, Alibaba, Ants Financial

Who is telling the truth ?
See news in Chinese for context — it sounded really ugly .
“ Worst Nov 11 ( China ’ s equivalent of “ Prime Day/Black Friday ” ) in history : Jack Ma & buddies LOST $ 2 trillion in 2 days ” finance.sina.com.cn/tech/2020-11-11/doc-iiznezxs1326859.shtml … Google for more ( in Chinese of course ) .
NB : Yahoo and Wall Street have a stake in Alibaba ?
Keypoint : Authority deliberately imposed many restrictions on labeling and what can be sold on Alibaba ’ s Taobao on Nov 11… To understand this strategy , @ @ @ @ @ @ @ exports ” apnews.com/article/virus-outbreak-beijing-global-trade-australia-south-china-sea-ea95bc519eb9bf40172edc626caf5537 … same thing .
• You must have heard of “ China drafts new antitrust guideline to rein in tech giants ” by now .
What ’ s the big deal ?
US and the west did the same thing , nothing happened .
Well , you must have forgotten conviction rate in China is literally 99.99 % .
That ’ s the difference .
• Ant Financials IPO – The politics behind the suspension isn ’ t something Joe can understand .
First , the timing – why IPO @ @ @ @ @ @ @ ?
This is directly due to the 5th China Communist Party plenum that ended just before Jack Ma & co were told their $ 3 trillion Ant Financials IPO has been suspended .
Still wondering what ’ s happening ?
Here > The Boss wan na make sure all parties are obsessed with the world ’ s largest IPO , happy , and create no trouble during the party plenum , which is the “ Bilderberg ” of China that may give birth to China ’ s new leader ( against Xi Jinping @ @ @ @ @ @ @ , non-bank money-lending is considered loan-sharking no matter how hard you try masqurade the sin as “ fintech ” — no different from trying to bypass the Fed with any other form of money ( just google what happened to those who tried… ) .
This is not to say China is shutting down Ant Financials becos Jack Ma created a new cryptocurrency , it ’ s becos Ant ’ s microlending is seen as a timebomb for CCP .
How so ?
Google keywords like “ China P2P Lending Suicide Scandal ” @ @ @ @ @ @ @ China cracked down the so called hitech “ P2P Lending ” industry that left behind nothing good except social ills like suicides , bankruptcies , etc ( many still listed as pennystocks on NASDAQ like KXIN , WEI , etc .
— all were given 2 years to wind down and do something else ) … Ant Financials is no difference for CCP believes Jack Ma & co. will leave behind the same mess so big that it may collapse the CCP .
Plus , big-mouthed Jack Ma actually told this guy en.wikipedia.org/wiki/Wang_Qishan @ @ @ @ @ @ @ understand nor capable of regulating “ fintech ” .
tl ; dr : Jack Ma is history — He has been personally targeted to send out a clear message : “ Who ’ s The Boss ” ( just like why Trump fired Esper the other day ) .
“ Xi Jinping going after Jack Ma ’ s head ” www.soundofhope.org/post/439876 What do you make up of the situation ?
Disclaimer : This information is only for educational purposes .
Do not make any investment decisions based on the information in this article @ @ @ @ @ @ @ consult your financial professional before making any investment decision .

by Adagio-Spirited
Who is telling the truth?
See news in Chinese for context — it sounded really ugly.

Yahoo etc say “Alibaba Singles Day Sales (aka 11:11, Nov 11) Hit Record High $75 Billion”
Really? Check this out…
“Worst Nov 11 (China’s equivalent of “Prime Day/Black Friday”) in history: Jack Ma & buddies LOST $2 trillion in 2 days” finance.sina.com.cn/tech/2020-11-11/doc-iiznezxs1326859.shtml … Google for more (in Chinese of course). NB: Yahoo and Wall Street have a stake in Alibaba?
Google using Chinese characters 马云 = Jack Ma = Mǎ Yún (马云)
Keypoint: Authority deliberately imposed many restrictions on labeling and what can be sold on Alibaba’s Taobao on Nov 11… To understand this strategy, read “China tightens restrictions on Australian exports” apnews.com/article/virus-outbreak-beijing-global-trade-australia-south-china-sea-ea95bc519eb9bf40172edc626caf5537 … same thing.
You must have heard of “China drafts new antitrust guideline to rein in tech giants” by now. What’s the big deal? US and the west did the same thing, nothing happened.
Well, you must have forgotten conviction rate in China is literally 99.99%. That’s the difference.
Ant Financials IPO – The politics behind the suspension isn’t something Joe can understand.
First, the timing – why IPO suspended on the eve of the debut? This is directly due to the 5th China Communist Party plenum that ended just before Jack Ma & co were told their $3 trillion Ant Financials IPO has been suspended.
We are primarily funded by readers. Please subscribe and donate to support us!
Clue: No heir apparent as Xi Jinping reveals top leadership.
Still wondering what’s happening? Here > The Boss wanna make sure all parties are obsessed with the world’s largest IPO, happy, and create no trouble during the party plenum, which is the “Bilderberg” of China that may give birth to China’s new leader (against Xi Jinping who wanna rule forever)
Second, non-bank money-lending is considered loan-sharking no matter how hard you try masqurade the sin as “fintech” — no different from trying to bypass the Fed with any other form of money (just google what happened to those who tried…). This is not to say China is shutting down Ant Financials becos Jack Ma created a new cryptocurrency, it’s becos Ant’s microlending is seen as a timebomb for CCP.
How so? Google keywords like “China P2P Lending Suicide Scandal”, you’d see why did China cracked down the so called hitech “P2P Lending” industry that left behind nothing good except social ills like suicides, bankruptcies, etc (many still listed as pennystocks on NASDAQ like KXIN, WEI, etc. — all were given 2 years to wind down and do something else)… Ant Financials is no difference for CCP believes Jack Ma & co. will leave behind the same mess so big that it may collapse the CCP.
You see?
Plus, big-mouthed Jack Ma actually told this guy en.wikipedia.org/wiki/Wang_Qishan that China regulators are dinosaur that neither understand nor capable of regulating “fintech”.
tl;dr: Jack Ma is history — He has been personally targeted to send out a clear message: “Who’s The Boss” (just like why Trump fired Esper the other day). “Xi Jinping going after Jack Ma’s head” www.soundofhope.org/post/439876
What do you make up of the situation?
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.


investmentwatchblog--2020-11-11--#Pfizer chief sold $5.6m of shares on day Covid vaccine was announced. Albert Bourla sold 132,508 sh

# Pfizer chief sold $ 5.6m of shares on day Covid vaccine was announced .
Albert Bourla sold 132,508 shares @ @ @ @ @ , equivalent to 62 % of his shareholding in Pfizer , acc to SEC filings @ @ @ @ @ the $ 41.99 peak the share price hit on Monday .
t.co/lv0FlANrpm pic.twitter.com/VGbip5PQCB

#Pfizer chief sold $5.6m of shares on day Covid vaccine was announced. Albert Bourla sold 132,508 shares at $41.94 a share, equivalent to 62% of his shareholding in Pfizer, acc to SEC filings. This is close to the $41.99 peak the share price hit on Monday. t.co/lv0FlANrpm pic.twitter.com/VGbip5PQCB
— Holger Zschaepitz (@Schuldensuehner) November 11, 2020


investmentwatchblog--2020-11-11--2 States Just Handed Trump BIG WINS that PROVES Conceding Is Not an Option!

Zachary Steiber from the Epoch Times reports , President Donald Trump won the state of Alaska and North Carolina in @ @ @ @ @ to a projection on Nov. 11 .

Zachary Steiber from the Epoch Times reports, President Donald Trump won the state of Alaska and North Carolina in the 2020 election, according to a projection on Nov. 11.
We are primarily funded by readers. Please subscribe and donate to support us!
Read More/Source/Credit/FairUse:
www.theepochtimes.com/trump-w…


investmentwatchblog--2020-11-11--Prepare For ‘No-Deal Brexit’ – Own Physical Gold To Protect Your Wealth

The Brexit deadline of December 31st , the date beyond which the transition or implementation period can not be extended , now looms large and the dreaded “ No-Deal ” Brexit outcome looks increasingly possible by the day .
There is plenty of brinkmanship , rhetoric and passionately held views on the Brexit issue and recent days have seen this again .
It is and will continue to be a highly partisan and divisive issue .
It is important to tune out the political noise and realise that whether you are pro-Brexit or anti-Brexit , it will impact most British @ @ @ @ @ @ @ a negative way , particularly those who are complacent and unprepared .
The draconian response to the COVID-19 coronavirus and the now second UK lockdown is set to badly impact the UK economy and indeed the global economy .
An even greater toll is being placed on already badly impacted and struggling consumers and companies .
The timing of Brexit could not be worse given the state of the world macroeconomically , geopolitically and monetarily .
An already vulnerable global economy is in turmoil due to the COVID-19 virus and the economic lockdowns @ @ @ @ @ @ @ financial and very significant economic uncertainty into the mix and you have a very lethal cocktail indeed .
The Likelihood of a ‘ No Deal , ’ ‘ Hard Brexit ’ Has Increased Even at this “ eleventh hour ” as the clock approaches midnight , the UK and EU continue to be at loggerheads over a post Brexit trade deal to replace a transitional agreement that expires at the end of the year on December 31st .
Negotiators for both sides continue to warn that there are very wide divergences between the @ @ @ @ @ @ @ ongoing negotiations .
There are ongoing fresh bids to break the current Brexit deadlock at the highest level by the EU ’ s European Commission ’ s Head of Task Force for Relations with the UK , Michael Barnier and the UK ’ s Chief Negotiator of Task Force Europe , Lord David Frost .
UK Prime Minister , Boris Johnson says a deal is there to be agreed between the UK and the EU but at the same time Johnson and his team have warned the EU there are only days left @ @ @ @ @ @ @ This has sparked renewed concern in the EU , whose senior negotiators say they need a longer period to finalise details .
Michael Barnier has warned that he sees deepening divergences with the UK .
Barnier signaled all was not well in a tweet on November 4th : “ Despite EU efforts to find solutions , very serious divergences remain in Level Playing Field , Governance & Fisheries .
These are essential conditions for any economic partnership .
[ The EU ] is prepared for all scenarios.
” Sir David Frost replied on @ @ @ @ @ @ @ ’ ve just finished two weeks of intensive talks with the EU .
Progress made , but I agree with Michael Barnier that wide divergences remain on some core issues .
We continue to work to find solutions that fully respect UK sovereignty.
” Boris Johnson ’ s defeat in the House of Lords over his plans to breach international law on Brexit further complicate matters and may weaken his team ’ s position .
The bill is set to return to the House of Commons in December , when MPs are likely @ @ @ @ @ @ @ plans would have allowed the UK government to ignore the Northern Ireland Protocol , handing UK ministers sole power to determine customs regulations on a unilateral basis and to determine when U.K. state aid rules might undercut EU companies , rather than having this decided by joint EU and UK committees .
The election of Joe Biden as American President is another complicating factor as Biden is known to be pro-European Union and in favour of the Good Friday Agreement and the Irish government ’ s position on Brexit due to his Irish @ @ @ @ @ @ @ brinkmanship on the Irish border issue in the Brexit negotiations will likely not sit well with the president-elect .
Hopefully , the ongoing negotiations and somewhat trenchant positions being adopted are the typical brinkmanship of a very tough negotiation but it is possible that the UK and EU negotiators fail to find compromise solutions on the red line issues .
Hence the importance of taking steps to protect you , your families and your business ’ finances .
How a ‘ No-Deal ’ Brexit Would Likely Negatively Impact the UK A UK government @ @ @ @ @ @ @ document ( Operation Yellowhammer – the government ’ s no-deal contingency plan ) outlines “ reasonable worst case assumptions ” in the event of a no-deal Brexit and warns of a lack of supply of certain consumer goods and food items , increasing inflation in the form of rising food prices and rising energy and fuel prices , disruption to medicine supplies and public disorder .
Besides negative impacts on consumers and citizens , there are also likely to be negative impacts on entire large economic sectors which employ thousands of people and @ @ @ @ @ @ @ .
There are many employment creating industries that are exposed to a no-deal Brexit and just one of many examples of sectors very exposed to Brexit is the UK automotive industry .
An illustration of how vulnerable is the fact that UK car manufacturers have spent more than £730 million on preparations for Brexit according to the industry ’ s trade body .
In excess of £235 million has been spent in just 2020 alone , the Society of Motor Manufacturers & Traders ( SMMT ) said November 10th .
It published figures @ @ @ @ @ @ @ ‘ last-chance plea ’ for a zero-tariff , zero-quota trade deal between the UK and the EU .
The SMMT said their sector is doing ‘ everything in its control ’ to prepare for the end of the Brexit transition period on December 31 .
However , it warned that efforts are being greatly hampered by a lack of clarity on future trading arrangements between the UK and the EU economic bloc .
A no-deal scenario or failure to achieve a ‘ workable deal ’ for the automotive industry would result in the @ @ @ @ @ @ @ a £47 billion hit over the next five years , they warned .
The lack of clarity is badly impacting most sectors and most companies in the UK – from small and medium enterprises to giant corporations , not to mention that all important ingredient of economic confidence .
Global Uncertainty with Very Significant Macro , Monetary , Geopolitical and Systemic Risks to Support the Price of Gold in Dollars and Pounds The global economic , geopolitical and monetary risks that confront America and indeed the world today are as great as any @ @ @ @ @ @ @ wider global context means that most gold analysts are positive on gold ’ s outlook in the medium and the long term with calls for gold to rise to over $ 3,000 per ounce .
It also informs our view that gold will continue its bull market for some time as currencies continue to depreciate as they have done throughout history .
All currencies , including British pounds , have lost between 97 % to 100 % in the last 120 years ( see chart below ) .
British gold buyers resident in @ @ @ @ @ @ @ gold bars in sterling and should consider their allocation to gold in terms of their exposure to sterling due to their house , property investments , savings , pensions and business , many of which are exposed to sterling .
The price of gold in GBP terms is determined by two factors : the price of gold in USD and the GBP/USD exchange rate which inform the gold price in British pounds .
Currencies including the USD and GBP are akin to the shares of a country .
If the country does well @ @ @ @ @ @ @ to appreciate and if the country does poor economically then the currency tends to depreciate .
It is nigh impossible to predict the outlook for the GBP/USD exchange rate but we can say with some confidence that it is very likely that both currencies will weaken against gold .
We have looked at the poor fundamentals of the U.S. fiscal position for many years and below we delve deeper into the poor fundamentals of the UK economy .
The bottom line is that all currencies are likely to be devalued versus gold in @ @ @ @ @ @ @ central bank orchestrated “ currency reset ” that will likely coincide with an economic and political “ great reset ” as being pushed for by the World Economic Forum , mega corporations and the billionaire elites of Davos .
The current risks posed to both the UK and the U.S. economies and indeed the global economy mean that the gold market is set-up for a perfect storm whereby the price of gold in dollar terms increases , while simultaneously sterling weakens sending gold in sterling terms much higher .
Why Sterling Looks Set @ @ @ @ @ @ @ impact the UK and EU economies badly and a ‘ Hard Brexit ’ would be even more damaging .
The UK looks very vulnerable economically given the poor and deteriorating fiscal and economic position .
The UK national debt or total government debt has been surging higher for many years now but has surged even more during the COVID-19 outbreak and lockdowns .
The ostensible or nominal UK national debt has surged another 33 % in recent months – from £1.8 trillion at the start of the year to £2.42 trillion today .
@ @ @ @ @ @ @ as all public sector liabilities including state and public sector pensions are not included when accounting for the national debt number .
The real national debt including massive pension liabilities is closer to £5 trillion ( as we explained in this video ) or in clearer digit form £5,000,000,000,000 ( or 5 with twelve zeros as there are twelve zeros in a trillion ) .
This works out at over £75,000 per person and per every single man , woman and child that constitute the UK population of 66.5 million people .
There @ @ @ @ @ @ @ and this £5,000,000,000,000 constitutes £200,000 per household and this is on top of massive private debt in terms of all other forms of debt including credit card loans , student loans , car loans and mortgages to name just a few of the many debt burdens .
While all the focus is on Brexit , the UK faces a debt and currency crisis .
It has over $ 8.5 trillion in external debt and total debt including government , private , business & bank debt as a percentage of GDP is over 500 @ @ @ @ @ @ @ the 2nd largest debtor in the world ever – coming only second to the world ’ s largest debtor ever – the U.S .
Thus , the pound is almost certain to weaken even further versus gold in the coming months and years and the 13.7 % average return seen in the last 15 years ( see table above ) is almost certain to be equaled or surpassed in the next 10 to 15 years .
Indeed , the very strong performance of gold seen in recent years is likely to be seen @ @ @ @ @ @ @ trading at below £200 per ounce when Gordon Brown imprudently sold the UK gold reserves at the very bottom ( Brown ’ s bottom ! )
of the market in 1999 .
Today gold trades at £1,400 per ounce .
So , the pound has fallen some £1,200 pounds against gold or 85 % in 20 years .
The Bank of England ’ s lack of gold reserves today when compared to the U.S. Federal Reserve ’ s putative 8,100 metric tonnes and the Eurozone ’ s combined nearly 10,000 metric tonnes ( @ @ @ @ @ @ @ due to the reserves not being officially audited for many years ) , makes sterling even more vulnerable than the dollar and the euro .
Even China and Russia have being greatly increasing their gold reserves for many years and this will support the Chinese Yuan and Russian Ruble .
Sterling and by extension and for the same reasons , UK government bonds or “ gilts ” also look very vulnerable as do certain still “ elevated ” property markets in the UK .
This includes still frothy and unaffordable London which the @ @ @ @ @ @ @ inflated with government largesse including more tax breaks and inducements such as making banks offer reckless 95 % mortgages .
Markets are normally quite good at pricing in significant economic risks .
However , this does not appear to be the case today with UK gilts and many property markets remaining at or near record highs .
UK gilts are near record highs in terms of price and record lows in terms of yields with the 10 year yielding just 0.3 % despite significant fiscal , macro and monetary risks .
UK property @ @ @ @ @ @ @ remain at elevated levels .
Although both are obviously being supported by the massive quantitative easing ( QE ) which Mark Carney ’ s Bank of England is recklessly engaged in .
The Bank of England has boosted its quantitative easing ( QE ) “ stimulus ” package by another £150 billion , as central bankers use the coronavirus and attendant lockdowns to justify even greater currency creation in order to buy vulnerable government bonds and other assets .
The Bank warned that the surge in COVID-19 cases and the second lockdown means @ @ @ @ @ @ @ current quarter .
That means Britain would suffer a double-dip downturn this year .
QE was always positioned as a short-term emergency measure .
We warned when it launched in November 2008 that there was a real risk that they would become a near permanent monetary injection in order to support fragile indebted banks , the massively over extended government debt markets and suppress interest rates to protect a hugely over indebted UK economy .
And so it has come to pass .
There are no free markets anymore as markets are completely @ @ @ @ @ @ @ bank monetary injections of trillions and trillions of pounds , euros , dollars , yen , yuan and other fiat currencies .
Were they to withdraw them , the giant debt based Ponzi economy they have created since 1971 , when Nixon went off the Gold Standard , would collapse .
“ QE to infinity ” as we and others dubbed it does not appear reckless now as much of the media completely fails to analyse the very real monetary risks and continues to cheerlead our central banks “ saviours ” and currency @ @ @ @ @ @ @ in human history .
However in time , it will be realised that our monetary overlords have been and are engaged in a reckless QE and ‘ currency reset ’ experiment .
Ultimately it will lead to massive currency devaluations and potentially the collapse of many currencies as with the German Mark in Weimar Germany or the Argentinian Peso in recent years .
Prior to that we may see a coordinated global devaluation and a “ currency reset ” which devalues all currencies versus gold and pegs new electronic crypto fiat currencies to @ @ @ @ @ @ @ for example £10,000 , €10,000 and $ 10,000 .
It might seem odd to quote an Irish man who lived from 1856 to 1950 to conclude an article about Brexit and its likely impact on the financial wellbeing of British people but it seems quite appropriate .
Whether you are a Remainer or a Leaver , whether you voted to leave or to stay in the EU , or neither , the words of writer , playwright and political activist , George Bernard Shaw , are as apt today as they were when @ @ @ @ @ @ @ to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the government .
And , with due respect to these gentlemen , I advise you , as long as the capitalist system lasts , to vote for gold.
” Bidenomics : More stimulus , tougher regulation , and gridlock Gold gains more than 1 % as focus returns to loose monetary policy Dollar dips on vaccine doubts Buy gold coins and bars and store them in the safest vaults in @ @ @ @ @ @ @ why Switzerland remains a safe-haven jurisdiction for owning precious metals .
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by GoldCore
The Brexit deadline of December 31st, the date beyond which the transition or implementation period cannot be extended, now looms large and the dreaded “No-Deal” Brexit outcome looks increasingly possible by the day.
There is plenty of brinkmanship, rhetoric and passionately held views on the Brexit issue and recent days have seen this again. It is and will continue to be a highly partisan and divisive issue.
It is important to tune out the political noise and realise that whether you are pro-Brexit or anti-Brexit, it will impact most British people’s finances and wealth in a negative way, particularly those who are complacent and unprepared.
Gold’s average return in GBP of 13.7% per annum since 2005
The draconian response to the COVID-19 coronavirus and the now second UK lockdown is set to badly impact the UK economy and indeed the global economy. An even greater toll is being placed on already badly impacted and struggling consumers and companies.
The timing of Brexit could not be worse given the state of the world macroeconomically, geopolitically and monetarily. An already vulnerable global economy is in turmoil due to the COVID-19 virus and the economic lockdowns of most nations.
Throw the Brexit financial and very significant economic uncertainty into the mix and you have a very lethal cocktail indeed.
The Likelihood of a ‘No Deal,’ ‘Hard Brexit’ Has Increased
Even at this “eleventh hour” as the clock approaches midnight, the UK and EU continue to be at loggerheads over a post Brexit trade deal to replace a transitional agreement that expires at the end of the year on December 31st. Negotiators for both sides continue to warn that there are very wide divergences between the UK and the EU positions in the ongoing negotiations.
There are ongoing fresh bids to break the current Brexit deadlock at the highest level by the EU’s European Commission’s Head of Task Force for Relations with the UK, Michael Barnier and the UK’s Chief Negotiator of Task Force Europe, Lord David Frost. UK Prime Minister, Boris Johnson says a deal is there to be agreed between the UK and the EU but at the same time Johnson and his team have warned the EU there are only days left for a deal to be reached.
This has sparked renewed concern in the EU, whose senior negotiators say they need a longer period to finalise details. Michael Barnier has warned that he sees deepening divergences with the UK. Barnier signaled all was not well in a tweet on November 4th:
“Despite EU efforts to find solutions, very serious divergences remain in Level Playing Field, Governance & Fisheries. These are essential conditions for any economic partnership. [The EU] is prepared for all scenarios.”
Sir David Frost replied on Twitter very soon thereafter:
“We’ve just finished two weeks of intensive talks with the EU. Progress made, but I agree with Michael Barnier that wide divergences remain on some core issues. We continue to work to find solutions that fully respect UK sovereignty.”
Boris Johnson’s defeat in the House of Lords over his plans to breach international law on Brexit further complicate matters and may weaken his team’s position. The bill is set to return to the House of Commons in December, when MPs are likely to reinsert the offending clauses.
The plans would have allowed the UK government to ignore the Northern Ireland Protocol, handing UK ministers sole power to determine customs regulations on a unilateral basis and to determine when U.K. state aid rules might undercut EU companies, rather than having this decided by joint EU and UK committees.
The election of Joe Biden as American President is another complicating factor as Biden is known to be pro-European Union and in favour of the Good Friday Agreement and the Irish government’s position on Brexit due to his Irish ancestry. Johnson and his negotiators’ brinkmanship on the Irish border issue in the Brexit negotiations will likely not sit well with the president-elect.
Hopefully, the ongoing negotiations and somewhat trenchant positions being adopted are the typical brinkmanship of a very tough negotiation but it is possible that the UK and EU negotiators fail to find compromise solutions on the red line issues.
Hence the importance of taking steps to protect you, your families and your business’ finances.
How a ‘No-Deal’ Brexit Would Likely Negatively Impact the UK
A UK government 5 page “worst case planning” document (Operation Yellowhammer – the government’s no-deal contingency plan) outlines “reasonable worst case assumptions” in the event of a no-deal Brexit and warns of a lack of supply of certain consumer goods and food items, increasing inflation in the form of rising food prices and rising energy and fuel prices, disruption to medicine supplies and public disorder.
Besides negative impacts on consumers and citizens, there are also likely to be negative impacts on entire large economic sectors which employ thousands of people and generate significant tax revenue in the UK.
There are many employment creating industries that are exposed to a no-deal Brexit and just one of many examples of sectors very exposed to Brexit is the UK automotive industry. An illustration of how vulnerable is the fact that UK car manufacturers have spent more than £730 million on preparations for Brexit according to the industry’s trade body.
In excess of £235 million has been spent in just 2020 alone, the Society of Motor Manufacturers & Traders (SMMT) said November 10th. It published figures as it issued what it called a ‘last-chance plea’ for a zero-tariff, zero-quota trade deal between the UK and the EU.
The SMMT said their sector is doing ‘everything in its control’ to prepare for the end of the Brexit transition period on December 31. However, it warned that efforts are being greatly hampered by a lack of clarity on future trading arrangements between the UK and the EU economic bloc.
A no-deal scenario or failure to achieve a ‘workable deal’ for the automotive industry would result in the loss of thousands of jobs and see a £47 billion hit over the next five years, they warned.
The lack of clarity is badly impacting most sectors and most companies in the UK – from small and medium enterprises to giant corporations, not to mention that all important ingredient of economic confidence.
Global Uncertainty with Very Significant Macro, Monetary, Geopolitical and Systemic Risks to Support the Price of Gold in Dollars and Pounds
The global economic, geopolitical and monetary risks that confront America and indeed the world today are as great as any seen in living memory. The all-important wider global context means that most gold analysts are positive on gold’s outlook in the medium and the long term with calls for gold to rise to over $3,000 per ounce.
It also informs our view that gold will continue its bull market for some time as currencies continue to depreciate as they have done throughout history. All currencies, including British pounds, have lost between 97% to 100% in the last 120 years (see chart below).
All major currencies lose value against the gold constant (100%) since 1900 (Source: World Gold Council)
British gold buyers resident in the UK ordinarily buy gold coins or gold bars in sterling and should consider their allocation to gold in terms of their exposure to sterling due to their house, property investments, savings, pensions and business, many of which are exposed to sterling.
The price of gold in GBP terms is determined by two factors: the price of gold in USD and the GBP/USD exchange rate which inform the gold price in British pounds. Currencies including the USD and GBP are akin to the shares of a country. If the country does well economically then the share or currency tends to appreciate and if the country does poor economically then the currency tends to depreciate.
It is nigh impossible to predict the outlook for the GBP/USD exchange rate but we can say with some confidence that it is very likely that both currencies will weaken against gold. We have looked at the poor fundamentals of the U.S. fiscal position for many years and below we delve deeper into the poor fundamentals of the UK economy.
We are primarily funded by readers. Please subscribe and donate to support us!
The bottom line is that all currencies are likely to be devalued versus gold in competitive currency devaluations or indeed in a central bank orchestrated “currency reset” that will likely coincide with an economic and political “great reset” as being pushed for by the World Economic Forum, mega corporations and the billionaire elites of Davos.
The current risks posed to both the UK and the U.S. economies and indeed the global economy mean that the gold market is set-up for a perfect storm whereby the price of gold in dollar terms increases, while simultaneously sterling weakens sending gold in sterling terms much higher.
Why Sterling Looks Set to Weaken Further Against Gold
Brexit will impact the UK and EU economies badly and a ‘Hard Brexit’ would be even more damaging. The UK looks very vulnerable economically given the poor and deteriorating fiscal and economic position.
The UK national debt or total government debt has been surging higher for many years now but has surged even more during the COVID-19 outbreak and lockdowns. The ostensible or nominal UK national debt has surged another 33% in recent months – from £1.8 trillion at the start of the year to £2.42 trillion today.
The reality is even worse than this as all public sector liabilities including state and public sector pensions are not included when accounting for the national debt number. The real national debt including massive pension liabilities is closer to £5 trillion (as we explained in this video) or in clearer digit form £5,000,000,000,000 (or 5 with twelve zeros as there are twelve zeros in a trillion).
This works out at over £75,000 per person and per every single man, woman and child that constitute the UK population of 66.5 million people. There are 25 million households in the UK and this £5,000,000,000,000 constitutes £200,000 per household and this is on top of massive private debt in terms of all other forms of debt including credit card loans, student loans, car loans and mortgages to name just a few of the many debt burdens.
While all the focus is on Brexit, the UK faces a debt and currency crisis. It has over $8.5 trillion in external debt and total debt including government, private, business & bank debt as a percentage of GDP is over 500%. The increasingly disunited kingdom is the 2nd largest debtor in the world ever – coming only second to the world’s largest debtor ever – the U.S.
Thus, the pound is almost certain to weaken even further versus gold in the coming months and years and the 13.7% average return seen in the last 15 years (see table above) is almost certain to be equaled or surpassed in the next 10 to 15 years. Indeed, the very strong performance of gold seen in recent years is likely to be seen in the coming years.
Gold was trading at below £200 per ounce when Gordon Brown imprudently sold the UK gold reserves at the very bottom (Brown’s bottom!) of the market in 1999. Today gold trades at £1,400 per ounce. So, the pound has fallen some £1,200 pounds against gold or 85% in 20 years.
The Bank of England’s lack of gold reserves today when compared to the U.S. Federal Reserve’s putative 8,100 metric tonnes and the Eurozone’s combined nearly 10,000 metric tonnes (although the exact number is great disputed due to the reserves not being officially audited for many years), makes sterling even more vulnerable than the dollar and the euro. Even China and Russia have being greatly increasing their gold reserves for many years and this will support the Chinese Yuan and Russian Ruble.
Gold Price Performance GBP (November 2020)
Sterling and by extension and for the same reasons, UK government bonds or “gilts” also look very vulnerable as do certain still “elevated” property markets in the UK. This includes still frothy and unaffordable London which the Johnson government is desperately trying to keep inflated with government largesse including more tax breaks and inducements such as making banks offer reckless 95% mortgages.
Markets are normally quite good at pricing in significant economic risks. However, this does not appear to be the case today with UK gilts and many property markets remaining at or near record highs. UK gilts are near record highs in terms of price and record lows in terms of yields with the 10 year yielding just 0.3% despite significant fiscal, macro and monetary risks.
UK property markets and especially the London property market remain at elevated levels. Although both are obviously being supported by the massive quantitative easing (QE) which Mark Carney’s Bank of England is recklessly engaged in.
The Bank of England has boosted its quantitative easing (QE) “stimulus” package by another £150 billion, as central bankers use the coronavirus and attendant lockdowns to justify even greater currency creation in order to buy vulnerable government bonds and other assets.
The Bank warned that the surge in COVID-19 cases and the second lockdown means the UK economy will shrink in the current quarter. That means Britain would suffer a double-dip downturn this year.
QE was always positioned as a short-term emergency measure. We warned when it launched in November 2008 that there was a real risk that they would become a near permanent monetary injection in order to support fragile indebted banks, the massively over extended government debt markets and suppress interest rates to protect a hugely over indebted UK economy. And so it has come to pass.
There are no free markets anymore as markets are completely dependent on and hopelessly addicted to central bank monetary injections of trillions and trillions of pounds, euros, dollars, yen, yuan and other fiat currencies. Were they to withdraw them, the giant debt based Ponzi economy they have created since 1971, when Nixon went off the Gold Standard, would collapse.
“QE to infinity” as we and others dubbed it does not appear reckless now as much of the media completely fails to analyse the very real monetary risks and continues to cheerlead our central banks “saviours” and currency debasement on a scale never before seen in human history.
However in time, it will be realised that our monetary overlords have been and are engaged in a reckless QE and ‘currency reset’ experiment. Ultimately it will lead to massive currency devaluations and potentially the collapse of many currencies as with the German Mark in Weimar Germany or the Argentinian Peso in recent years. Prior to that we may see a coordinated global devaluation and a “currency reset” which devalues all currencies versus gold and pegs new electronic crypto fiat currencies to gold at a fixed price – say for example £10,000, €10,000 and $10,000.
Conclusion – Fail to Prepare Financially, Prepare to Fail Financially
It might seem odd to quote an Irish man who lived from 1856 to 1950 to conclude an article about Brexit and its likely impact on the financial wellbeing of British people but it seems quite appropriate.
Whether you are a Remainer or a Leaver, whether you voted to leave or to stay in the EU, or neither, the words of writer, playwright and political activist, George Bernard Shaw, are as apt today as they were when he said them:
“You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the government. And, with due respect to these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold.”
NEWS and COMMENTARY
Bidenomics: More stimulus, tougher regulation, and gridlock
Gold gains more than 1% as focus returns to loose monetary policy
Dollar dips on vaccine doubts
Watch Our Latest Video Update on YouTube
GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)
10-Nov-20 1874.90 1878.70 1416.49 1417.48 1589.54 1590.13
09-Nov-20 1957.45 1867.30 1489.23 1417.47 1648.76 1573.95
06-Nov-20 1947.95 1940.80 1483.17 1480.05 1642.71 1636.29
05-Nov-20 1916.80 1938.45 1468.84 1480.78 1624.68 1638.38
04-Nov-20 1888.55 1900.15 1455.69 1462.17 1616.41 1621.97
03-Nov-20 1899.85 1908.30 1462.31 1464.05 1624.37 1628.73
02-Nov-20 1886.75 1889.90 1460.34 1463.16 1620.72 1624.50
30-Oct-20 1875.80 1881.85 1448.12 1453.92 1607.19 1611.24
29-Oct-20 1876.85 1870.30 1444.24 1447.05 1600.58 1601.16
28-Oct-20 1896.85 1869.95 1461.71 1439.30 1614.22 1593.38
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investmentwatchblog--2020-11-11--This looks like the most meaningful attempt for FANG stocks to break down vs. the S&P 500 this year.

This looks like the most meaningful attempt for FANG stocks to break down vs. the S & P 500 this @ @ @ @ @ time in exactly 12M , FANG stocks have pushed below their 50DMA in relative terms @ @ @ @ @ eye on .
pic.twitter.com/aJXSGkZMQu

This looks like the most meaningful attempt for FANG stocks to break down vs. the S&P 500 this year.
For the first time in exactly 12M, FANG stocks have pushed below their 50DMA in relative terms.
Notable RSI divergence since July.
Something to keep an eye on. pic.twitter.com/aJXSGkZMQu
— Julien Bittel, CFA (@BittelJulien) November 11, 2020


investmentwatchblog--2020-11-11--Recent figures indicate that the recovery is slow and US is experiencing an unprecedented surge of h

Recent figures indicate that the recovery is slow and US is experiencing an unprecedented surge of hospitalizations across the country.

One after another , some of the most embattled names in corporate America are racing to raise easy money while @ @ @

US mortgage applications fall slightly. Recent figures indicate that the recovery is slow. pic.twitter.com/bigbzWPrPF — Daniel Lacalle (@dlacalle_IA) November 11, 2020
US job openings have started to decline in November 2018.. in the midst of the “economic boom” called from trump.. as the arbor’s data pointed out.. the Job hunting is slowing down again after the lockdown of March because the recovery for the US labor market seems to be stopped pic.twitter.com/N40TAzTl2M — Alessio Urban (@AlessioUrban) November 11, 2020
'The United States is experiencing an unprecedented surge of hospitalizations across the country. Today, states reported that 61,964 people were hospitalized with COVID-19, more than at any other time in the pandemic.' t.co/NnSvJQ13Hj pic.twitter.com/OeYXwfcDxJ — Jesse Felder (@jessefelder) November 11, 2020
Fredo Mussolini Cuomo issues 10PM curfew for NY Wow 😉 t.co/duwPBSGALQ — Reminiscences of an American Capitalist (@4Awesometweet) November 11, 2020
*NEW YORK REPORTS 4,820 NEW VIRUS CASES: CUOMO TWEET — zerohedge (@zerohedge) November 11, 2020
One after another, some of the most embattled names in corporate America are racing to raise easy money while they can.
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investmentwatchblog--2020-11-11--British government want people with negative Covid-19 results to wear wristbands.

Medical tyranny ’ : Govt advisers ’ idea to give corona-free Britons WRISTBANDS gets cold welcome on Twitter In Britain @ @ @ @ @ offered the chance “ to get back some freedoms if they test negative , ” @ @ @ @ @ to facilitate monitoring , people free from Covid-19 could be given paper wristbands “ for @ @ @ @ @ can enter venues.
” Unsurprisingly some Britons found the idea of a government-issued accessory necessary @ @ @ @ @ unappealing .
One commenter called the proposal “ medical tyranny ” and said that it @ @ @ @ @ patches

Medical tyranny’: Govt advisers’ idea to give corona-free Britons WRISTBANDS gets cold welcome on Twitter
In Britain, the public could be offered the chance “to get back some freedoms if they test negative,” the BIT said. And to facilitate monitoring, people free from Covid-19 could be given paper wristbands “for easier recognition on whether they can enter venues.”
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Unsurprisingly some Britons found the idea of a government-issued accessory necessary to participate in social life unappealing. One commenter called the proposal “medical tyranny” and said that it resembled the Star of David patches
www.rt.com/uk/506395-covid-writsbands-government-advisors/


investmentwatchblog--2020-11-11--EUR/USD Is Flat, the Election Rally Is Over and there Are Bearish Signals

EUR/USD failed to hold above the resistance line after the US Elections .
Now the bearish movements are possible on @ @ @ @ @ , forex expert and professional trader , notes that the dynamics of the EUR / @ @ @ @ @ by the US presidential elections , is fading away .
In recent days , the @ @ @ @ @ corridor between 1.17 and 1.18 .
Michael Boutros , trader and technical strategist at DailyFX @ @ @ @ @ the weakening of the euro rally over the course of election week .
After a @ @ @ @ @ falls more than 0.9 % off the weekly highs , which suggests that the currency @ @ @ @ @ resistance level and gain a foothold above it , giving bearish signals .
At the @ @ @ @ @ be noted that the Euro trader sentiment chart shows a significant increase in the number @ @ @ @ @ the currency pair , over the past few weeks of trading , long positions have @ @ @ @ @ less than 30 % .

by Usman Salis
EUR/USD failed to hold above the resistance line after the US Elections. Now the bearish movements are possible on the market.
Walter Vannelli, forex expert and professional trader, notes that the dynamics of the EUR / USD currency pair, caused by the US presidential elections, is fading away. In recent days, the rate has been in the corridor between 1.17 and 1.18. We are primarily funded by readers. Please subscribe and donate to support us!
EUR/USD Is Flat, Election Rally Is Over #Eur/usd flat here inside 30m trading range 1.1799/1.1833….zzzzzzzzzWalter Vannelli via Twitter
Image Source: Twitter @waltervannelli
Michael Boutros, trader and technical strategist at DailyFX, also points out to the weakening of the euro rally over the course of election week. After a rapid surge, the euro falls more than 0.9% off the weekly highs, which suggests that the currency failed to break through the resistance level and gain a foothold above it, giving bearish signals.
#Euro Outlook: $EURUSD Breakout Fails Resistance- #Election Rally Over?Michael Boutros via Twitter
Image Source: Twitter @MBForex
At the same time, it should be noted that the Euro trader sentiment chart shows a significant increase in the number of open short positions in the currency pair, over the past few weeks of trading, long positions have decreased from 50% to less than 30%.
Image Source: Twitter @MBForex


investmentwatchblog--2020-11-11--Russell 2000 (RUT) Is Near All-Time Highs, while Nasdaq (NDX) Struggles in the Support Zone

James Stanley , the strategist at DailyFX , reports on the rapid changes in major market indices in the US stock market .
He draws attention to the fact that the Russell 2000 index , which includes the smallest companies in the market in terms of capitalization , has come close to all-time highs , while the Nasdaq , which mainly tracks the behavior of technology companies , continues to drawdown .
Holger Zschaepitz , the market analyst and Die Welt author , agrees with him , who demonstrates the continuing decline of the Nasdaq with the parallel growth of @ @ @ @ @ @ @ time , the largest companies , Facebook , Apple , NVIDIA , Google , Microsoft , Amazon and Netflix Inc .
Collectively , the 7 largest companies lost $ 166 billion of market capitalization in a day .
First of all , this behavior of the indices is due to the rebalancing caused by the news that the coronavirus vaccine is almost ready , BioNTech and Pfizer reported on the successful completion of the third stage of testing .
This led to an increase in demand for stocks , previously plagued by the @ @ @ @ @ @ @ tech companies whose revenues were marginally hit and exceeded analysts ’ forecasts .
Now , with hopes for a drug to come soon , interest in oversold stocks in pandemic-hit companies is on the rise again , driving capital outflows from major tech companies .

by Saad Ullah
James Stanley, the strategist at DailyFX, reports on the rapid changes in major market indices in the US stock market. He draws attention to the fact that the Russell 2000 index, which includes the smallest companies in the market in terms of capitalization, has come close to all-time highs, while the Nasdaq, which mainly tracks the behavior of technology companies, continues to drawdown. We are primarily funded by readers. Please subscribe and donate to support us!
Russell 2000 knocking on the door of ath’s, meanwhile Nasdaq grasping on to a big support zone ~11570-11626 (img 2)James Stanley via Twitter
Image Source: @JStanleyFX via Twitter
Image Source: @JStanleyFX via Twitter
Holger Zschaepitz, the market analyst and Die Welt author, agrees with him, who demonstrates the continuing decline of the Nasdaq with the parallel growth of the Dow Jones. At the same time, the largest companies, Facebook, Apple, NVIDIA, Google, Microsoft, Amazon and Netflix Inc. Collectively, the 7 largest companies lost $166 billion of market capitalization in a day.
Rotation out of tech continues following Monday’s historic vaccine news. While Dow gained almost 1%, Nasdaq dropped 1.4% w/Big Tech (FANGMAN) lost another $166bn in mkt cap.Holger Zschaepitz via Twitter
Image Source: Twitter @Schuldensuehner
First of all, this behavior of the indices is due to the rebalancing caused by the news that the coronavirus vaccine is almost ready, BioNTech and Pfizer reported on the successful completion of the third stage of testing. This led to an increase in demand for stocks, previously plagued by the coronavirus, during which investors favored large tech companies whose revenues were marginally hit and exceeded analysts’ forecasts. Now, with hopes for a drug to come soon, interest in oversold stocks in pandemic-hit companies is on the rise again, driving capital outflows from major tech companies.


investmentwatchblog--2020-11-11--Mortgage Credit Availability Declines To 2014 Levels Despite Fed Easing

Mortgage applications decreased 0.5 percent from one week earlier , according to data from the Mortgage Bankers Association ’ s @ @ @ @ @ Applications Survey for the week ending November 6 , 2020 .
The Refinance Index increased @ @ @ @ @ week and was 67 percent higher than the same week one year ago .
The @ @ @ @ @ 3 percent from one week earlier .
The unadjusted Purchase Index decreased 5 percent compared @ @ @ @ @ was 16 percent higher than the same week one year ago .
Yes , Covid @ @ @ @ @ applications window out 2 months .
Mortgage refi applications are level after the Covid burst @ @ @ @ @ mortgage rates ( yellow ) .
Mortgage credit availability is now the lowest since 2014 @ @ @ @ @ QE2 , but declined substantially during the Covid epidemic .

by confoundedinterest17
Mortgage applications decreased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 6, 2020.
The Refinance Index increased 1 percent from the previous week and was 67 percent higher than the same week one year ago. The seasonally adjusted Purchase Index decreased 3 percent from one week earlier. The unadjusted Purchase Index decreased 5 percent compared with the previous week and was 16 percent higher than the same week one year ago.
We are primarily funded by readers. Please subscribe and donate to support us!
Yes, Covid struck and moved the purchase applications window out 2 months.
Mortgage refi applications are level after the Covid burst in March, despite declining mortgage rates (yellow).
Mortgage credit availability is now the lowest since 2014 during The Fed’s QE2, but declined substantially during the Covid epidemic.


investmentwatchblog--2020-11-11--Twitter Leftists Call for Impeachment of AG Barr.

AG Bill Barr needs to be impeached before he seriously damages our democracy .
Click here to sign the petition @ @

Meltdowns incoming!
AG Bill Barr needs to be impeached before he seriously damages our democracy. Click here to sign the petition: t.co/VQ1HBLVKTr
— Citizens for Ethics (@CREWcrew) November 10, 2020


investmentwatchblog--2020-11-11--Tucker Carlson: The “entire constituency” for defunding the police is “unmarried, unhappy, gender st

Tucker Carlson: The “entire constituency” for defunding the police is “unmarried, unhappy, gender studies majors from Duke.”

The `` entire constituency '' for defunding the police is `` unmarried , unhappy , gender studies majors from Duke @ @ @

Tucker Carlson:
The "entire constituency" for defunding the police is "unmarried, unhappy, gender studies majors from Duke." pic.twitter.com/v2hqdEvOJN
— Daily Caller (@DailyCaller) November 11, 2020


investmentwatchblog--2020-11-11--Greece goes negative rates!! Remember they couldn’t get financing a few years ago?

Remember they could n't get financing a few years ago ?
pic.twitter.com/cgYmbozeDq

Greece goes negative rates!!
Remember they couldn't get financing a few years ago? pic.twitter.com/cgYmbozeDq
— Win Smart, CFA (@WinfieldSmart) November 11, 2020


investmentwatchblog--2020-11-11--Tech Stocks Repeating 2000 Topping Pattern Currently?

Twenty years ago the NDX 100/Dow Jones Ratio created a topping pattern , as monthly momentum was sky-high , as @ @ @ @ @ place .
Following this setup , the NDX 100 fell nearly 90 % in less @ @ @ @ @ NDX/Dow ratio over the past 90-days is testing the 2000 highs as momentum is back @ @ @ @ @ 1 ) .
The ratio is currently testing 8-month rising support at ( 2 ) @ @ @ @ @ at least a caution message , possibly a bearish message , if the ratio breaks @ @ @ @ @ , as momentum looks to be rolling over !

by Chris Kimble
Twenty years ago the NDX 100/Dow Jones Ratio created a topping pattern, as monthly momentum was sky-high, as the Dot.com peak was taking place. Following this setup, the NDX 100 fell nearly 90% in less than three years.
The NDX/Dow ratio over the past 90-days is testing the 2000 highs as momentum is back at 2000 highs at (1).
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The ratio is currently testing 8-month rising support at (2).
The ratio would send at least a caution message, possibly a bearish message, if the ratio breaks support at (2), as momentum looks to be rolling over!


investmentwatchblog--2020-11-11--Rand Paul questions election results: ‘Your government sent 1.1 million dead people stimulus checks’

Sen. Rand Paul questioned last Tuesday ’ s election results , comparing the more than 1 million stimulus checks that were sent to dead people to possible voter fraud .
“ Your government sent 1.1 million dead people stimulus checks .
Wonder how many of these folks also voted absentee ?
” Paul tweeted Monday morning .
The Treasury Inspector General for Tax Administration reported this summer that 1.1 million coronavirus aid checks were sent to people who had already died .
The checks totaled nearly $ 1.4 billion .
After the report , the watchdog recommended that Congress “ @ @ @ @ @ @ @ Security Administration ’ s full set of death records , and require that Treasury consistently use it , to help reduce similar types of improper payments.
” Rep. Thomas Massie seemed to echo Paul , questioning the integrity of voting via mail when most “ of what shows up in your mailbox is junk mail.
” “ 75 % of what shows up in your mailbox is junk mail… and some people thought this would be a good venue for holding a presidential election ?
” he tweeted Monday .
Presumed President-elect Joe @ @ @ @ @ @ @ election on Saturday and said he will work to unite the country .
“ I ’ m humbled by the trust and confidence you placed in me .
I pledge to be a president who seeks not to divide , but unify .
Who doesn ’ t see red states or blue states , but only the United States , ” he said .
Sen. Ted Cruz , however , joined Fox ’ s Maria Bartiromo on Sunday and said that President Trump could still win the 2020 election amid his legal battles @ @ @ @ @ @ @ .
“ Historically , mail-in votes are much more likely to be disqualified in a recount than in-person votes .
Generally , in-person votes — they ’ re conducted at the polling place , and they usually stand .
That means what we ’ re likely to see in the next few weeks as the recounts go forward is that Joe Biden ’ s very , very narrow majorities in some of these states , those totals are likely to drop if we see mail-in votes when they ’ re examined being invalidated @ @ @ @ @ @ @ Cruz said .
He added that he believes Trump “ still has a path to victory , and that path is to count every single legal vote that was cast , but also not to count any votes that were fraudulently cast or illegally cast .
”

by Reddit-The-Webs-STD
Sen. Rand Paul questioned last Tuesday’s election results, comparing the more than 1 million stimulus checks that were sent to dead people to possible voter fraud.
“Your government sent 1.1 million dead people stimulus checks. Wonder how many of these folks also voted absentee?” Paul tweeted Monday morning.
Your government sent 1.1 million dead people stimulus checks. Wonder how many of these folks also voted absentee?
— Senator Rand Paul (@RandPaul) November 9, 2020
The Treasury Inspector General for Tax Administration reported this summer that 1.1 million coronavirus aid checks were sent to people who had already died. The checks totaled nearly $1.4 billion.
After the report, the watchdog recommended that Congress “provide Treasury with access to the Social Security Administration’s full set of death records, and require that Treasury consistently use it, to help reduce similar types of improper payments.”
Rep. Thomas Massie seemed to echo Paul, questioning the integrity of voting via mail when most “of what shows up in your mailbox is junk mail.”
We are primarily funded by readers. Please subscribe and donate to support us!
“75% of what shows up in your mailbox is junk mail… and some people thought this would be a good venue for holding a presidential election?” he tweeted Monday.
75% of what shows up in your mailbox is junk mail… and some people thought this would be a good venue for holding a presidential election?
— Thomas Massie (@RepThomasMassie) November 9, 2020
Presumed President-elect Joe Biden celebrated as the victor of the election on Saturday and said he will work to unite the country.
“I’m humbled by the trust and confidence you placed in me. I pledge to be a president who seeks not to divide, but unify. Who doesn’t see red states or blue states, but only the United States,” he said.
Sen. Ted Cruz, however, joined Fox’s Maria Bartiromo on Sunday and said that President Trump could still win the 2020 election amid his legal battles in states such as Georgia and Pennsylvania.
“Historically, mail-in votes are much more likely to be disqualified in a recount than in-person votes. Generally, in-person votes — they’re conducted at the polling place, and they usually stand. That means what we’re likely to see in the next few weeks as the recounts go forward is that Joe Biden’s very, very narrow majorities in some of these states, those totals are likely to drop if we see mail-in votes when they’re examined being invalidated as contrary to the law,” Cruz said.
He added that he believes Trump “still has a path to victory, and that path is to count every single legal vote that was cast, but also not to count any votes that were fraudulently cast or illegally cast.”


investmentwatchblog--2020-11-11--Want to Know Who Wins This Election? Ignore the Media. Watch This Instead!

If you want to get your head around the ultimate outcome of the 2020 Presidential election , you should ignore the media , experts , pundits , and focus on one thing .
Unlike the pundits , experts and shills in the media , energy investors LOSE money if they ’ re wrong .
They have “ skin in the game ” so to speak .
And because of the distinct differences between the Biden and Trump campaign ’ s views on oil , the energy sector is an incredible barometer for how things are going with the election .
@ @ @ @ @ @ @ election is about globalism vs. nationalism .
Globalism , as represented by the Biden campaign , represents the dominant economic trend of the last 40 years .
Its key features involve : 1 ) The outsourcing of Americans jobs to cheaper , international labor markets .
2 ) The U.S. relying extensively on other nations for its energy , commodity , and other needs .
3 ) The U.S. as one of several key nations that set global policy via international bodies ( the U.N. the G-7 , etc. )
.
By way @ @ @ @ @ @ @ by the Trump administration , represents a complete refutation of Globalism .
Its key features involve : 1 ) That the domestic production of resources deemed critical to the U.S. economy is a matter of national security .
2 ) That outsourcing weakens the U.S. economy from a strategic perspective as it shifts its industrial and manufacturing supply chains to other nations .
3 ) That the U.S. is THE dominant force in the world and as such can set global policy regardless of what other nations desire .
In far simpler words @ @ @ @ @ @ @ for oil production in the U.S. , while a Trump win would be GOOD for oil production in the U.S.. With that in mind , take a look at this chart .
Going into election night , the energy sector was in a decided downtrend ( blue line ) as it looked like Biden would be the presumed winner .
However , on election day this trend began to end with energy stocks actually breaking out of this downtrend briefly ( red circle ) .
This suggested that in point of fact , @ @ @ @ @ @ @ upset .
We all know what has since happened : the media has declared Biden the winner despite a number of voting irregularities surfacing ( and that ’ s putting it mildly ) .
The media has made it clear that it believes Biden won .
But what is the energy sector telling us ?
Energy stocks are up 15 % since election night .
That is an incredible move .
And if you find that surprising , consider the following .
The energy sector is top performing sector since election night .
@ @ @ @ @ @ @ , but it sure seems as if energy investors are predicting a Trump win .
Nowhere in Joe Biden ’ s campaign platform does he advocate for the increased production of oil in the U.S..
In fact , on his website he actually endorses the Green New Deal , which advocates for the U.S. completely moving off of fossil fuels !
With that in mind , what do you think energy stocks are telling us today ?

If you want to get your head around the ultimate outcome of the 2020 Presidential election, you should ignore the media, experts, pundits, and focus on one thing.
The energy sector.
Unlike the pundits, experts and shills in the media, energy investors LOSE money if they’re wrong. They have “skin in the game” so to speak. And because of the distinct differences between the Biden and Trump campaign’s views on oil, the energy sector is an incredible barometer for how things are going with the election.
From a 20,000-foot perspective, this Presidential election is about globalism vs. nationalism.
Globalism, as represented by the Biden campaign, represents the dominant economic trend of the last 40 years. Its key features involve:
1) The outsourcing of Americans jobs to cheaper, international labor markets.
2) The U.S. relying extensively on other nations for its energy, commodity, and other needs.
3) The U.S. as one of several key nations that set global policy via international bodies (the U.N. the G-7, etc.).
By way of contrast, Nationalism, as represented by the Trump administration, represents a complete refutation of Globalism. Its key features involve:
1) That the domestic production of resources deemed critical to the U.S. economy is a matter of national security.
2) That outsourcing weakens the U.S. economy from a strategic perspective as it shifts its industrial and manufacturing supply chains to other nations.
3) That the U.S. is THE dominant force in the world and as such can set global policy regardless of what other nations desire.
In far simpler words, a Biden win would be BAD for oil production in the U.S., while a Trump win would be GOOD for oil production in the U.S..
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With that in mind, take a look at this chart.
Going into election night, the energy sector was in a decided downtrend (blue line) as it looked like Biden would be the presumed winner. However, on election day this trend began to end with energy stocks actually breaking out of this downtrend briefly (red circle).
This suggested that in point of fact, President Trump would potentially pull another historic upset.
We all know what has since happened: the media has declared Biden the winner despite a number of voting irregularities surfacing (and that’s putting it mildly). The media has made it clear that it believes Biden won.
But what is the energy sector telling us?
Energy stocks are up 15% since election night. That is an incredible move. And if you find that surprising, consider the following.
The energy sector is top performing sector since election night.
I don’t know about you, but it sure seems as if energy investors are predicting a Trump win. Nowhere in Joe Biden’s campaign platform does he advocate for the increased production of oil in the U.S.. In fact, on his website he actually endorses the Green New Deal, which advocates for the U.S. completely moving off of fossil fuels!
With that in mind, what do you think energy stocks are telling us today?
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research


investmentwatchblog--2020-11-11--How Easy Money Creates the Boom-Bust Cycle

According to the popular way of thinking , various economic data can provide an analyst with the necessary information regarding the state of the economy .
It is held that by inspecting various economic indicators such as the gross domestic product or industrial production , an analyst could ascertain the state of the economic business cycle .
Following the experts from the National Bureau of Economic Research ( NBER ) , business cycles are seen as broad swings in many economic indicators , which upon careful inspection permit the establishment of peaks and troughs in general economic activity .
Furthermore @ @ @ @ @ @ @ because the causes of business cycles are complex and not properly understood it is much better to focus on the outcome of these causes as manifested through the economic data.1 If the driving factors of boom-bust cycles are not known , as the NBER underlying methodology holds , how could the government and the central bank introduce measures to counter them ?
Contrary to the NBER way of thinking , data does not talk by itself and never issues any “ signals ” as such .
It is the interpretation of the data @ @ @ @ @ @ @ “ signals.
” By stating that business cycles are about swings in the data , one says nothing about what business cycles are .
In order to establish what business cycles are the driving force that is responsible for the emergence of economic fluctuations needs to be ascetained .
Why We Have Boom-Bust Cycles Contrary to the indicators approach , boom-bust cycles are not about the strength of the data as such ( for instance , for the NBER a recession is a significant decline in activity spread across the economy lasting more @ @ @ @ @ @ @ is about activities that sprang up on the back of the loose monetary policies of the central bank .
Thus , whenever the central bank loosens its monetary stance , it sets in motion an economic boom by means of the diversion of real savings from wealth generators to various non-wealth-generating activities that a free unhampered market would not facilitate .
Whenever the central bank reverses its monetary stance , this slows down or puts to an end the diversion of real savings toward activities that do not generate real wealth and that @ @ @ @ @ @ @ boom-bust cycles is central bank monetary policies and not some mysterious factors .
Consequently , whenever a looser stance is introduced , this should be regarded as the beginning of an economic boom .
Conversely , the introduction of a tighter stance sets in motion an economic bust , or the liquidation phase .
The severity of the liquidation phase is dictated by the extent of distortions caused during the economic boom .
The greater the distortions , the more severe the liquidation phase is going to be .
Any attempt by the @ @ @ @ @ @ @ the liquidation phase through monetary stimulus will only undermine the pool of real savings , weakening the economy .
Again , since the central bank ’ s policies set the boom-bust cycles in motion , these policies are what leads to economic fluctuations .
Whenever the central bank changes its monetary stance , the effect of the new stance does not assert itself instantaneously—it takes time .
The effect starts at a particular point and shifts gradually from one market to another market , from one individual to another individual .
The previous @ @ @ @ @ @ @ for many months before the new stance begins to assert itself .
As a rule , the symptoms of a recession emerge after the central bank tightens its monetary stance ( there is a time lag ) .
What determines whether an economy falls into a recession or just suffers an ordinary economic slowdown is the state of the pool of real savings .
As long as this pool is still expanding , a tighter central bank monetary policy will culminate in an economic slowdown .
Notwithstanding that various non-wealth-generating activities will now @ @ @ @ @ @ @ positive , the reason being that there are more wealth generators versus wealth consumers .
The expanding pool of real savings reflects this .
As long as the pool of real savings is expanding , the central bank and government officials can give the impression that they have the power to undo a recession by means of monetary pumping and artificially lowering interest rates .
In reality , however , these actions only slow or arrest the liquidation of activities that emerged on easy monetary policy , thereby continuing to divert real savings @ @ @ @ @ @ @ What in fact gives rise to a positive growth rate in economic activity is not monetary pumping but the fact that the pool of real savings is still growing .
The illusion that through monetary pumping it is possible to keep the economy going is shattered once the pool of real savings begins to decline .
Once this happens , the economy begins its downward plunge , i.e.
, falls into a recession .
The most aggressive loosening of money will not reverse the plunge .
In fact , rather than reversing the @ @ @ @ @ @ @ undermine the flow of real savings and thereby further weaken the structure of production and thus the production of goods and services .
In his writings , Milton Friedman blamed central bank policies for causing the Great Depression of the 1930s .
According to Friedman , the Federal Reserve failed to pump enough reserves into the banking system to prevent the collapse in the money stock.2 The collapse in the money stock according to Friedman was the key factor in plunging the economy into economic depression .
For Friedman , the failure of @ @ @ @ @ @ @ it caused the monetary bubble during the 1920s but that it allowed the deflation of the bubble .
An economic depression , however , is not caused by the collapse of the money stock , as suggested by Friedman , but rather by the collapse of the pool of real savings .
The shrinkage of this pool is set in motion by the preceding monetary pumping of the central bank and by fractional reserve banking.3 The monetary pumping sets in motion an exchange of nothing for something , i.e.
, consumption without preceding @ @ @ @ @ @ @ .
Moreover , a fall in the pool of real savings triggers declines in bank lending out of “ thin air ” and thus in the money stock .
This in turn implies that previous loose monetary policies cause the fall in the pool of real savings and trigger collapses in economic activity and in the money stock .
Declines in the prices of goods and services follow declines in money supply .
Most economists erroneously regard this as bad news that must be countered by central bank policies .
However , any @ @ @ @ @ @ @ of loose monetary policies will further undermine the pool of real savings .
Furthermore , even if loose monetary policies were to succeed in lifting prices and inflationary expectations , this could not revive the economy while the pool of real savings is declining .
Lastly , it is erroneous to regard a fall in stock prices as causing recessions .
The popular theory argues that a fall in stock prices lowers individuals ’ wealth , which in turn weakens consumers ’ outlays .
Since it is held that consumer spending accounts for @ @ @ @ @ @ @ that a fall in the stock market plunges the economy into a recession .
Again , we hold that it is the pool of real savings and not consumer demand which permits economic growth to take place .
Furthermore , the prices of stocks mirror individuals ’ assessments regarding the facts of reality .
Because of monetary pumping , these assessments tend to be erroneous .
However , once the central bank alters its stance , individuals can see much more clearly what the facts of reality are and scale down previous erroneous @ @ @ @ @ @ @ evaluations of the facts , they can not alter the existing facts , and the latter influence the future course of events .
• 1.Quoted in Allan P. Layton and Anirvan Banerji “ What Is a Recession ?
: A Reprise , ” Applied Economics 35 , no .
16 ( 2003 ) : 1789–97 , https : //www.tandfonline.com/doi/abs/10.1080/0003684032000152853 .
• 2.Milton Friedman and Rose Friedman , Free to Choose : A Personal Statement ( Orlando , FL : Harcourt , Inc , 1980 ) , p. 85 .
Frank Shostak ’ s @ @ @ @ @ @ @ , provides in-depth assessments of financial markets and global economies .
Contact : email .

by Frank Shostak via Mises
According to the popular way of thinking, various economic data can provide an analyst with the necessary information regarding the state of the economy. It is held that by inspecting various economic indicators such as the gross domestic product or industrial production, an analyst could ascertain the state of the economic business cycle.
Following the experts from the National Bureau of Economic Research (NBER), business cycles are seen as broad swings in many economic indicators, which upon careful inspection permit the establishment of peaks and troughs in general economic activity.
Furthermore, according to the NBER experts, because the causes of business cycles are complex and not properly understood it is much better to focus on the outcome of these causes as manifested through the economic data.1
If the driving factors of boom-bust cycles are not known, as the NBER underlying methodology holds, how could the government and the central bank introduce measures to counter them?
Contrary to the NBER way of thinking, data does not talk by itself and never issues any “signals” as such. It is the interpretation of the data guided by a theory which generates various “signals.”
By stating that business cycles are about swings in the data, one says nothing about what business cycles are. In order to establish what business cycles are the driving force that is responsible for the emergence of economic fluctuations needs to be ascetained.
Why We Have Boom-Bust Cycles
Contrary to the indicators approach, boom-bust cycles are not about the strength of the data as such (for instance, for the NBER a recession is a significant decline in activity spread across the economy lasting more than a few months). It is about activities that sprang up on the back of the loose monetary policies of the central bank.
Thus, whenever the central bank loosens its monetary stance, it sets in motion an economic boom by means of the diversion of real savings from wealth generators to various non-wealth-generating activities that a free unhampered market would not facilitate.
Whenever the central bank reverses its monetary stance, this slows down or puts to an end the diversion of real savings toward activities that do not generate real wealth and that undermines their existence. The trigger to boom-bust cycles is central bank monetary policies and not some mysterious factors.
Consequently, whenever a looser stance is introduced, this should be regarded as the beginning of an economic boom. Conversely, the introduction of a tighter stance sets in motion an economic bust, or the liquidation phase.
The severity of the liquidation phase is dictated by the extent of distortions caused during the economic boom. The greater the distortions, the more severe the liquidation phase is going to be. Any attempt by the central bank and the government to counter the liquidation phase through monetary stimulus will only undermine the pool of real savings, weakening the economy.
Again, since the central bank’s policies set the boom-bust cycles in motion, these policies are what leads to economic fluctuations.
Whenever the central bank changes its monetary stance, the effect of the new stance does not assert itself instantaneously—it takes time.
The effect starts at a particular point and shifts gradually from one market to another market, from one individual to another individual. The previous monetary stance may dominate the economic scene for many months before the new stance begins to assert itself.
Economic Slowdown versus Recession
As a rule, the symptoms of a recession emerge after the central bank tightens its monetary stance (there is a time lag). What determines whether an economy falls into a recession or just suffers an ordinary economic slowdown is the state of the pool of real savings.
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As long as this pool is still expanding, a tighter central bank monetary policy will culminate in an economic slowdown. Notwithstanding that various non-wealth-generating activities will now suffer, overall economic growth will be positive, the reason being that there are more wealth generators versus wealth consumers. The expanding pool of real savings reflects this. As long as the pool of real savings is expanding, the central bank and government officials can give the impression that they have the power to undo a recession by means of monetary pumping and artificially lowering interest rates.
In reality, however, these actions only slow or arrest the liquidation of activities that emerged on easy monetary policy, thereby continuing to divert real savings from wealth generators to wealth consumers.
What in fact gives rise to a positive growth rate in economic activity is not monetary pumping but the fact that the pool of real savings is still growing. The illusion that through monetary pumping it is possible to keep the economy going is shattered once the pool of real savings begins to decline. Once this happens, the economy begins its downward plunge, i.e., falls into a recession.
The most aggressive loosening of money will not reverse the plunge. In fact, rather than reversing the plunge, loose monetary policy will further undermine the flow of real savings and thereby further weaken the structure of production and thus the production of goods and services.
In his writings, Milton Friedman blamed central bank policies for causing the Great Depression of the 1930s. According to Friedman, the Federal Reserve failed to pump enough reserves into the banking system to prevent the collapse in the money stock.2 The collapse in the money stock according to Friedman was the key factor in plunging the economy into economic depression.
For Friedman, the failure of the US central bank was not that it caused the monetary bubble during the 1920s but that it allowed the deflation of the bubble.
An economic depression, however, is not caused by the collapse of the money stock, as suggested by Friedman, but rather by the collapse of the pool of real savings. The shrinkage of this pool is set in motion by the preceding monetary pumping of the central bank and by fractional reserve banking.3 The monetary pumping sets in motion an exchange of nothing for something, i.e., consumption without preceding production—this undermines the pool of real savings.
Moreover, a fall in the pool of real savings triggers declines in bank lending out of “thin air” and thus in the money stock. This in turn implies that previous loose monetary policies cause the fall in the pool of real savings and trigger collapses in economic activity and in the money stock.
Declines in the prices of goods and services follow declines in money supply. Most economists erroneously regard this as bad news that must be countered by central bank policies. However, any attempt to counter price declines by means of loose monetary policies will further undermine the pool of real savings. Furthermore, even if loose monetary policies were to succeed in lifting prices and inflationary expectations, this could not revive the economy while the pool of real savings is declining.
Lastly, it is erroneous to regard a fall in stock prices as causing recessions. The popular theory argues that a fall in stock prices lowers individuals’ wealth, which in turn weakens consumers’ outlays. Since it is held that consumer spending accounts for 66 percent of GDP, this means that a fall in the stock market plunges the economy into a recession.
Again, we hold that it is the pool of real savings and not consumer demand which permits economic growth to take place.
Furthermore, the prices of stocks mirror individuals’ assessments regarding the facts of reality. Because of monetary pumping, these assessments tend to be erroneous. However, once the central bank alters its stance, individuals can see much more clearly what the facts of reality are and scale down previous erroneous evaluations.
While individuals can change their evaluations of the facts, they cannot alter the existing facts, and the latter influence the future course of events.
1.Quoted in Allan P. Layton and Anirvan Banerji “What Is a Recession?: A Reprise,” Applied Economics 35, no. 16 (2003): 1789–97, https://www.tandfonline.com/doi/abs/10.1080/0003684032000152853.
2.Milton Friedman and Rose Friedman, Free to Choose: A Personal Statement (Orlando, FL: Harcourt, Inc, 1980), p. 85.
3.Murray N.Rothbard, America’s Great Depression (Kansas City: Universal Press, 1972), p.153.
Author:
Contact Frank Shostak
Frank Shostak’s consulting firm, Applied Austrian School Economics, provides in-depth assessments of financial markets and global economies. Contact: email.


investmentwatchblog--2020-11-11--The definition of insanity: Majority of Seattle voters unhappy with direction of city & city council

Seattle has been a sh*thole city for quite some time now .
Remember the CHAZ fiasco under the direction of Mayor Jenny Durkan this past summer ?
I ’ ve covered the many , many , MANY failures of Seattle ’ s demorat leadership for years .
See the following examples : BLM achieves justice in Seattle : First black police chief resigns Man who dropped out of Seattle City Council race last year exposes city & allies ’ coordinated efforts to mislead the public on their homelessness crisis Seattle has a solution to their homelessness crisis : A 75-person @ @ @ @ @ @ @ repeat offenders get no punishment : “ We ’ re just talking about property crime ” Violent repeat offender in Seattle assaults toddler with coffee , two days after his jail release Yet Seattleites KEEP electing demorats while , I guess , expecting a different outcome ?
Turns out some Seattle folk are unhappy with the direction of the city !
Gee , I wonder why ?
?
?
“ A new survey of Seattle voters found that many are unhappy with how the City Council is handling things and the direction of @ @ @ @ @ @ @ .
After polling voters in late October , researchers found 54 % of voters think things in Seattle “ have gotten pretty seriously off on the wrong track.
” A third of voters ( 35 % ) think things are “ generally going in the right direction.
” In an open-ended question with no response options , 45 % of voters mentioned homelessness as the issue they are most concerned about , followed by affordable housing/cost of living and police brutality/defunding the police .
Three-quarters of voters polled said they are unhappy about @ @ @ @ @ @ @ many Seattle neighborhoods , city parks and playgrounds and a majority don ’ t agree with the council ending most encampment cleanups.
“ Read the whole story here .
I ’ m fresh outta any empathy for people in Seattle .
Demorats will NEVER learn this one EASY lesson :

by DCG
You CANNOT fix STOOPID.
Seattle has been a sh*thole city for quite some time now. Remember the CHAZ fiasco under the direction of Mayor Jenny Durkan this past summer?
I’ve covered the many, many, MANY failures of Seattle’s demorat leadership for years. See the following examples:
BLM achieves justice in Seattle: First black police chief resigns
Man who dropped out of Seattle City Council race last year exposes city & allies’ coordinated efforts to mislead the public on their homelessness crisis
Seattle has a solution to their homelessness crisis: A 75-person task force
King County judge on why repeat offenders get no punishment: “We’re just talking about property crime”
Violent repeat offender in Seattle assaults toddler with coffee, two days after his jail release
Yet Seattleites KEEP electing demorats while, I guess, expecting a different outcome?
Turns out some Seattle folk are unhappy with the direction of the city! Gee, I wonder why???
Excerpts from KIRO 7 News:
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“A new survey of Seattle voters found that many are unhappy with how the City Council is handling things and the direction of the city, according to EMC Research.
After polling voters in late October, researchers found 54% of voters think things in Seattle “have gotten pretty seriously off on the wrong track.” A third of voters (35%) think things are “generally going in the right direction.”
In an open-ended question with no response options, 45% of voters mentioned homelessness as the issue they are most concerned about, followed by affordable housing/cost of living and police brutality/defunding the police.
Three-quarters of voters polled said they are unhappy about the growth of illegal homeless camps in many Seattle neighborhoods, city parks and playgrounds and a majority don’t agree with the council ending most encampment cleanups.“
Read the whole story here.
I’m fresh outta any empathy for people in Seattle. Demorats will NEVER learn this one EASY lesson:
DCG


investmentwatchblog--2020-11-11--Real Clear Politics Rescinds Pennsylvania for Biden – Shows No Clear Winner – Biden at 259

“ Real Clear Politics rescinded Pennsylvania ’ s call for Joe Biden .
Although some sources also say that Real @ @ @ @ @ to begin with , in the Presidential race .
This leaves Biden with 259 Electoral @ @ @ @ @ votes , short of the 270 needed to secure the big seat at the Whitehouse @ @ @ @ @ Politics .
”

Real Clear Politics Rescinds Pennsylvania for Biden – Shows No Clear Winner
www.newsbreak.com/news/2099188608771/real-clear-politics-rescinds-pennsylvania-for-biden-shows-no-clear-winner
“Real Clear Politics rescinded Pennsylvania’s call for Joe Biden. Although some sources also say that Real Clear Politics never called Pennsylvania to begin with, in the Presidential race. This leaves Biden with 259 Electoral votes and Trump 214 Electoral votes, short of the 270 needed to secure the big seat at the Whitehouse, according to Real Clear Politics.”
We are primarily funded by readers. Please subscribe and donate to support us!
www.tampafp.com/real-clear-politics-recsinds-pennsylvania-for-biden-shows-no-clear-winner/
www.realclearpolitics.com/elections/live_results/2020/president/
h/t ElleMira


investmentwatchblog--2020-11-11--INSANE: Post office worker did NOT recant, and he recorded the investigators trying to get him to tw

INSANE: Post office worker did NOT recant, and he recorded the investigators trying to get him to twist it and change his mind. Wtf is going on in our govt agencies?

Video shows investigated almsot threatening this dude , saying “ I ’ m not trying to scare you , but @ @ @ @ @ you ” .
“ We have a lot of senators involved and I need to @ @ @ @ @ “ Sometimes we can get our mind to create new memories , when you under @ @ @ @ @ to do to your purposely ” Wtf is this ?
This is corrupt AF .
@ @ @ @ @ there to investigate voter fraud , he was there to stop it coming out and @ @ @ @ @ a new statement .
Which he did not btw :

Richard Hopkins, a Combat Veteran and a marine with a daughter never asked to go public or for any of this. In the full interview released tomorrow, he said this harder than what he endured in Afghanistan. The post office has placed him on non-pay status. pic.twitter.com/f054fa0D7I — James O'Keefe (@JamesOKeefeIII) November 11, 2020
Video shows investigated almsot threatening this dude, saying “I’m not trying to scare you, but I am trying to scare you”. “We have a lot of senators involved and I need to calm the store”. “Sometimes we can get our mind to create new memories, when you under pressure …which I am trying to do to your purposely”
Wtf is this? This is corrupt AF. This dude wasn’t there to investigate voter fraud, he was there to stop it coming out and scare the guy into making a new statement.
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Which he did not btw:
h/t Typoqueen00


investmentwatchblog--2020-11-11--Colgate-Palmolive (NYSE: CL) – A Stock Analysis

This will be a quick post looking into Colgate-Palmolive ( NYSE : CL ) and why it could be a solid conclusion in a dividend growth portfolio .
This company needs no introduction itself , we are all aware they make toothpaste , but some of the other brands under their company name might be surprising .
It specializes in the production , distribution and provision of household , health care , personal care and veterinary products .
The company has paid a out dividend since 1895 and increased its dividend for over 57 consecutive years ; qualifying the company @ @ @ @ @ @ @ debt to EBITDA ratio of only 1.4 ( This is very healthy ) From this it can be concluded that the company is very stable , it has solid earnings , and the dividend is safe .
DOES THE COMPANY HAVE A WIDE MARKET ?
Yes .
They own many different brands , as it was mentioned above .
In addition to oral care , they produce shampoos , shower gels , deodorants , and home care products .
It also owns specialty/medicinal pet food maker Hill ’ s , which sells its @ @ @ @ @ @ @ .
CL ’ s products are sold in over 200 countries with international sales accounting for ~70 % of sales .
Yep , Colgate-Palmolive is about as exciting as toothpaste , but it is a quality company with solid financials and incredible staying power due to its wide product line and brands .
The company is a dividend grower and is considered to be a consumer defensive stock , it would make an excellent addition to any dividend growth portfolio if it hasn ’ t already been considered .
Please supplement this post @ @ @ @ @ @ @ , thanks for reading , and have a good day/night !
Disclaimer : This information is only for educational purposes .
Do not make any investment decisions based on the information in this article .
Do you own due diligence or consult your financial professional before making any investment decision .

by 036Gooddaysir036
INTRODUCTION:
This will be a quick post looking into Colgate-Palmolive (NYSE: CL) and why it could be a solid conclusion in a dividend growth portfolio. This company needs no introduction itself, we are all aware they make toothpaste, but some of the other brands under their company name might be surprising. It specializes in the production, distribution and provision of household, health care, personal care and veterinary products.
COLGATE-PALMOLIVE DIVIDEND HISTORY, PAYOUT, AND FINANCIALS:
The company has paid a out dividend since 1895 and increased its dividend for over 57 consecutive years; qualifying the company as a Dividend King.
(For Reference)
Challenger: 5+ years
Contender: 10-24 years
Champion/Aristocrat: 25+ years
King: 50+ years
Current Annual Dividend: $1.76
Earnings (Current as of November):
Normalized Earnings Per Share: $2.99
Cash Flow From Operations (CFO) Per Share: $4.28
Free Cash Flow Per Share: $3.88
P/E Ratio – 26.61
Net debt to EBITDA ratio of only 1.4 (This is very healthy)
From this it can be concluded that the company is very stable, it has solid earnings, and the dividend is safe.
We are primarily funded by readers. Please subscribe and donate to support us!
DOES THE COMPANY HAVE A WIDE MARKET?
Yes. They own many different brands, as it was mentioned above. In addition to oral care, they produce shampoos, shower gels, deodorants, and home care products.
It also owns specialty/medicinal pet food maker Hill’s, which sells its products through veterinarians and specialty pet retailers.
CL’s products are sold in over 200 countries with international sales accounting for ~70% of sales.
It owns Ajax (Francis…Deadpool anyone?)
FINAL THOUGHTS:
Yep, Colgate-Palmolive is about as exciting as toothpaste, but it is a quality company with solid financials and incredible staying power due to its wide product line and brands. The company is a dividend grower and is considered to be a consumer defensive stock, it would make an excellent addition to any dividend growth portfolio if it hasn’t already been considered. Please supplement this post with your own research!
As always, thanks for reading, and have a good day/night!
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.