investmentwatchblog--2020-11-02--Want Hope and Real Growth? Let the Dead Forest of Corruption and Fed Manipulation Burn Down

Wake up , America , and see the Fed for what it really is : a totalitarian tool of kleptocracy .
You know what happens when fire suppression policies limit forest fires : deadwood piles up and all the trees killed by bark beetles are awaiting a spark to ignite .
Sure enough , a random lightning strike provides the ignition , and the entire forest is consumed in an out-of-control conflagration made inevitable by the policy of suppressing fires as “ bad ” for lumber companies and tourism , i.e .
the politically influential .
This is a remarkably @ @ @ @ @ @ @ policy of suppressing business cycle recessions that burn down dead zombie corporations and all the deadwood suppressing new growth .
The Yellowstone Analogy and The Crisis of Neoliberal Capitalism ( May 18 , 2009 ) No Recession Ever Again ?
The Yellowstone Analogy ( November 8 , 2019 ) If you ’ re an insider using Federal Reserve “ free money for financiers ” to milk your zombie corporation , you love the Fed ’ s suppression of actual capitalism .
Fed free money enable you to continue to borrow cheaply and buy @ @ @ @ @ @ @ , enriching insiders even though the company doesn ’ t even earn enough to service its ballooning debts .
If you ’ re not yet aware of the ballooning number of zombie companies , please read : Welcome To The Zombie Global Economy .
Recall that free-market capitalism ’ s business cycle of over-investment and excessive risk-taking must be followed by a reduction in debt , the liquidation of bad loans and excess inventory , limiting exposure to risk , etc.–in other words , a fast-burning forest fire which incinerates all the deadwood @ @ @ @ @ @ @ of growth .
Some seeds will only open if exposed to heat .
If the Fed makes sure there ’ s never any risk of fire touching too big to fail/jail companies , cartels , monopolies and the soaring number of zombie corporations , then the seeds of real growth can ’ t possibly open .
Welcome to the hopeless result of Fed manipulation : stagnation , soaring inequality and rampant corruption .
Fed manipulation and widespread corruption are not separate dynamics : Fed manipulation–distributing trillions of dollars to those at the apex @ @ @ @ @ @ @ giving the most sociopathic , greediest few the means to buy political protection of their monopoly/cartel ( Big Tech , Big Pharma , Big Ag , Big Defense , and so on ) by influencing narratives ( buying up the media ) , regulators and elected officials .
There is no way America would be as corrupt as it now is if the Fed hadn ’ t provided trillions of dollars to those most anxious to corrupt every institution that might limit their greed and power .
If money wasn ’ t free @ @ @ @ @ @ @ and monopolists couldn ’ t borrow such enormous sums to jack up their share price and buy political influence to protect their winnings .
The Fed ’ s policy of permanent , expanding manipulation has picked the winners in our economy–the predators , parasites , zombies and monopolists who use Fed free money to strangle competition , eliminate transparency and corrupt anything that might represent the public interest or the common good , because these are anathema to the predators , parasites , zombies and monopolists .
The Fed has also picked the @ @ @ @ @ @ @ the bottom 90 % , as these charts make abundantly clear .
Have you looked at what you earned in interest on your nestegg ?
$ 2 ?
This is the perversity of the Fed ’ s incentives : to even hope to keep up with real-world inflation , everyone must sink their savings into dead trees that are just awaiting a spark to burn to the ground .
Some readers tell me that they feel depressed after reading my blog posts .
Well cheer up , all we need to do is @ @ @ @ @ @ @ , corrupt dead forest burn down .
Once all the corruption and deadwood that the Fed has protected from market forces ( i.e .
competition and transparency ) and any effort to promote the public interest and the common good burns down , then hope and new enterprises will finally have the open ground and sunlight to germinate and thrive .
Wake up , America , and see the Fed for what it really is : a totalitarian tool of kleptocracy .

by Charles Hugh-Smith
Wake up, America, and see the Fed for what it really is: a totalitarian tool of kleptocracy.
You know what happens when fire suppression policies limit forest fires: deadwood piles up and all the trees killed by bark beetles are awaiting a spark to ignite. Sure enough, a random lightning strike provides the ignition, and the entire forest is consumed in an out-of-control conflagration made inevitable by the policy of suppressing fires as “bad” for lumber companies and tourism, i.e. the politically influential.
This is a remarkably apt analogy for the central banks’ policy of suppressing business cycle recessions that burn down dead zombie corporations and all the deadwood suppressing new growth.
The Yellowstone Analogy and The Crisis of Neoliberal Capitalism (May 18, 2009)
No Recession Ever Again? The Yellowstone Analogy (November 8, 2019)
If you’re an insider using Federal Reserve “free money for financiers” to milk your zombie corporation, you love the Fed’s suppression of actual capitalism. Fed free money enable you to continue to borrow cheaply and buy back your zombie company’s shares, enriching insiders even though the company doesn’t even earn enough to service its ballooning debts.
If you’re not yet aware of the ballooning number of zombie companies, please read: Welcome To The Zombie Global Economy.
We are primarily funded by readers. Please subscribe and donate to support us!
Recall that free-market capitalism’s business cycle of over-investment and excessive risk-taking must be followed by a reduction in debt, the liquidation of bad loans and excess inventory, limiting exposure to risk, etc.–in other words, a fast-burning forest fire which incinerates all the deadwood, clearing space for the next generation of growth.
Some seeds will only open if exposed to heat. If the Fed makes sure there’s never any risk of fire touching too big to fail/jail companies, cartels, monopolies and the soaring number of zombie corporations, then the seeds of real growth can’t possibly open.
Welcome to the hopeless result of Fed manipulation: stagnation, soaring inequality and rampant corruption. Fed manipulation and widespread corruption are not separate dynamics: Fed manipulation–distributing trillions of dollars to those at the apex of the wealth-power pyramid–has fueled corruption by giving the most sociopathic, greediest few the means to buy political protection of their monopoly/cartel (Big Tech, Big Pharma, Big Ag, Big Defense, and so on) by influencing narratives (buying up the media), regulators and elected officials.
There is no way America would be as corrupt as it now is if the Fed hadn’t provided trillions of dollars to those most anxious to corrupt every institution that might limit their greed and power. If money wasn’t free, the predators, parasites, zombies and monopolists couldn’t borrow such enormous sums to jack up their share price and buy political influence to protect their winnings.
The Fed’s policy of permanent, expanding manipulation has picked the winners in our economy–the predators, parasites, zombies and monopolists who use Fed free money to strangle competition, eliminate transparency and corrupt anything that might represent the public interest or the common good, because these are anathema to the predators, parasites, zombies and monopolists.
The Fed has also picked the losers–the bottom 99%, and especially the bottom 90%, as these charts make abundantly clear. Have you looked at what you earned in interest on your nestegg? $2? This is the perversity of the Fed’s incentives: to even hope to keep up with real-world inflation, everyone must sink their savings into dead trees that are just awaiting a spark to burn to the ground.
Some readers tell me that they feel depressed after reading my blog posts. Well cheer up, all we need to do is to let the Fed’s manipulated, corrupt dead forest burn down. Once all the corruption and deadwood that the Fed has protected from market forces (i.e. competition and transparency) and any effort to promote the public interest and the common good burns down, then hope and new enterprises will finally have the open ground and sunlight to germinate and thrive.
Wake up, America, and see the Fed for what it really is: a totalitarian tool of kleptocracy.


investmentwatchblog--2020-11-02--Either way, this election will be the biggest emotional blow that America has suffered in decades

In my entire lifetime , I have never seen Americans so emotionally invested in the outcome of a presidential election .
Yes , things always get intense as we approach Election Day , but this time around is different .
There are many Democrats that do not even want to imagine another four years under Trump .
In fact , for many of them it is literally the worst thing that they could possibly imagine ever happening .
But for many Republicans , a Trump loss would be equally as devastating .
Not since the days of Ronald Reagan have @ @ @ @ @ @ @ the way that they love Trump , and a loss would be emotionally crippling for millions of them .
With all of that in mind , check out what one shocking new survey just discovered… There is so much at stake for both sides .
Once a winner is officially declared , one side will be jubilant , but the other will instantly plunge into deep despair .
As this election has drawn to a close , I have been amazed at the incredible outpouring of support that we have seen for President @ @ @ @ @ @ @ you don ’ t understand what I am talking about , just watch this video , this video and this video .
I have never seen anything even close to this , and I have been following politics very closely for decades .
In the old days , it was always tough just to get a few people to hold signs on a street corner , and so I was absolutely blown away by a 96 mile show of support for President Trump .
It is a very rare politician that can inspire @ @ @ @ @ @ @ Trump is not able to win all of that emotion is going to come crashing down like a tsunami .
I personally know so many conservatives , patriots and evangelicals that are all-in emotionally for this election , and I am deeply concerned about what will happen if Joe Biden emerges with a victory .
It would literally be the deepest emotional blow that conservatives , patriots and evangelicals have experienced since the days of World War II , and we could potentially see millions of them plunge into a very deep state @ @ @ @ @ @ @ hand , if Trump wins it will literally seem like the end of the world for many on the left .
There are some that have already talked about moving out of the country , but others insist that life simply would not be worth living anywhere as long as Trump is in the White House .
I honestly believe that we could see a dramatic spike in attempted suicides following the election , and mental health officials will need to be on high alert .
Of course many others will likely take @ @ @ @ @ @ @ , and that could lead to an eruption of civil unrest like we have never seen before .
As I write this article , businesses in major cities all across the U.S. are boarding up their windows , and law enforcement authorities are preparing for the worst .
In fact , Fox News recently reported that officials in New York , Chicago , Miami , Portland , Seattle , Orlando , Minneapolis and Philadelphia have all been making preparations for potential post-election violence .
At this hour , most Democrats want to believe @ @ @ @ @ @ @ Biden with a huge lead are accurate , but there is no forgetting what happened in 2016 .
They were so sure that they would win that election , but then a “ Trump miracle ” in the the northern states of Pennsylvania , Michigan and Wisconsin changed everything .
And in 2020 , the Trump campaign has been working very hard to possibly add Minnesota to that list… If Trump is able to pull off another miracle , it will crush Democrats emotionally like no other presidential election we have ever seen @ @ @ @ @ @ @ to pull off another miracle , it will crush Republicans emotionally like no other presidential election we have ever seen .
Either way , this is going to be a devastating emotional blow for tens of millions of Americans , and the emotional fallout will last for years .
If you are on the winning side in this election , there will definitely be a temptation to rub it in the faces of those that have lost .
But that temptation must be resisted , because that is not the proper response .
@ @ @ @ @ @ @ you know that are deeply , deeply hurting , and they are going to need love and compassion to get through the grieving process .
If we are ever going to be united as a country ever again , we have got to learn to love those that we deeply disagree with .
Right now , most Democrats are convinced that Trump is going to lose , and most Republicans are convinced that Trump is going to win .
And the truth is that the races in the most critical swing states are @ @ @ @ @ @ @ go either way .
In the end , one side is in for the emotional letdown of a lifetime , and I don ’ t know if our country will ever be the same again after this is all over .

by Michael Snyder
In my entire lifetime, I have never seen Americans so emotionally invested in the outcome of a presidential election. Yes, things always get intense as we approach Election Day, but this time around is different. There are many Democrats that do not even want to imagine another four years under Trump. In fact, for many of them it is literally the worst thing that they could possibly imagine ever happening. But for many Republicans, a Trump loss would be equally as devastating. Not since the days of Ronald Reagan have we ever seen Republicans adore a president the way that they love Trump, and a loss would be emotionally crippling for millions of them.
With all of that in mind, check out what one shocking new survey just discovered…
As if the coronavirus pandemic wasn’t giving Americans enough anxiety already, you may have heard there’s a presidential election this November. With political divisions reaching historical highs, a survey finds a majority of the country believe their most stressful day of 2020 hasn’t even arrived yet. The poll examining mental health reveals 55 percent of Americans think Election Day 2020 will be the most stress-filled day of their lives.
There is so much at stake for both sides.
Once a winner is officially declared, one side will be jubilant, but the other will instantly plunge into deep despair.
As this election has drawn to a close, I have been amazed at the incredible outpouring of support that we have seen for President Trump all over the nation. If you don’t understand what I am talking about, just watch this video, this video and this video. I have never seen anything even close to this, and I have been following politics very closely for decades. In the old days, it was always tough just to get a few people to hold signs on a street corner, and so I was absolutely blown away by a 96 mile show of support for President Trump.
It is a very rare politician that can inspire that sort of enthusiasm, but if Trump is not able to win all of that emotion is going to come crashing down like a tsunami.
I personally know so many conservatives, patriots and evangelicals that are all-in emotionally for this election, and I am deeply concerned about what will happen if Joe Biden emerges with a victory. It would literally be the deepest emotional blow that conservatives, patriots and evangelicals have experienced since the days of World War II, and we could potentially see millions of them plunge into a very deep state of emotional depression.
On the other hand, if Trump wins it will literally seem like the end of the world for many on the left.
There are some that have already talked about moving out of the country, but others insist that life simply would not be worth living anywhere as long as Trump is in the White House. I honestly believe that we could see a dramatic spike in attempted suicides following the election, and mental health officials will need to be on high alert.
Of course many others will likely take out their frustrations by resorting to violence, and that could lead to an eruption of civil unrest like we have never seen before.
As I write this article, businesses in major cities all across the U.S. are boarding up their windows, and law enforcement authorities are preparing for the worst. In fact, Fox News recently reported that officials in New York, Chicago, Miami, Portland, Seattle, Orlando, Minneapolis and Philadelphia have all been making preparations for potential post-election violence.
At this hour, most Democrats want to believe that the national polls that show Joe Biden with a huge lead are accurate, but there is no forgetting what happened in 2016.
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They were so sure that they would win that election, but then a “Trump miracle” in the the northern states of Pennsylvania, Michigan and Wisconsin changed everything.
And in 2020, the Trump campaign has been working very hard to possibly add Minnesota to that list…
Minnesota Democrats estimate that as many as 250,000 white residents who didn’t go to college—the heart of Trump’s base—weren’t registered to vote in 2016. Republicans are taking pains to find them. While Democrats in the state have largely suspended door-to-door campaigning because of the pandemic, Republicans have kept at it. Last week, volunteers knocked on more than 130,000 doors in the state, a campaign official told me. “This is the largest organization that we’ve seen a Republican put into this state, in terms of advertising dollars, principal visits, and staff on the ground,” Ken Martin, the chair of the Minnesota Democratic-Farmer-Labor Party, told me.
If Trump is able to pull off another miracle, it will crush Democrats emotionally like no other presidential election we have ever seen.
But if Trump is not able to pull off another miracle, it will crush Republicans emotionally like no other presidential election we have ever seen.
Either way, this is going to be a devastating emotional blow for tens of millions of Americans, and the emotional fallout will last for years.
If you are on the winning side in this election, there will definitely be a temptation to rub it in the faces of those that have lost.
But that temptation must be resisted, because that is not the proper response.
There are going to be people that you know that are deeply, deeply hurting, and they are going to need love and compassion to get through the grieving process.
If we are ever going to be united as a country ever again, we have got to learn to love those that we deeply disagree with.
Right now, most Democrats are convinced that Trump is going to lose, and most Republicans are convinced that Trump is going to win.
And the truth is that the races in the most critical swing states are very close and this election could still go either way.
In the end, one side is in for the emotional letdown of a lifetime, and I don’t know if our country will ever be the same again after this is all over.


investmentwatchblog--2020-11-02--Jim Rickards: The polls are wrong; Trump will win a close one … Rick Rule: The wind is in precious m

Jim Rickards : The polls are wrong ; Trump will win a close one … Rick Rule : The wind @ @ @ @ @ sales … David Morgan : When will we see $ 100 silver ?
… Jim @ @ @ @ @ is coming … Andy Schechtman : Buy gold now before it ’ s too late @

BY JOHN RUBINO
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Jim Rickards: The polls are wrong; Trump will win a close one … Rick Rule: The wind is in precious metals’ sales … David Morgan: When will we see $100 silver? … Jim Rogers: Great Depression 2.0 is coming … Andy Schechtman: Buy gold now before it’s too late …


investmentwatchblog--2020-11-03--From coast to coast, cities all across America are bracing for complete and utter chaos

What we are experiencing at this moment is being referred to as “ the calm before the storm ” .
All over the country , businesses are temporarily shutting down , stores are being boarded up and National Guard troops are being deployed .
There has never been a presidential election like this in modern American history , and most Americans are anticipating some sort of nightmare scenario .
In fact , the final Yahoo News/YouGov poll of the 2020 campaign found that a whopping 77 percent of all voters expect that “ violence will break out ” after the @ @ @ @ @ @ @ ?
When I was growing up , I never even considered the possibility that there would be violence after an election .
That was the sort of thing that happened in uncivilized areas of the world , and it was inconceivable that there would be rioting , looting and widespread chaos after one of our peaceful elections .
But now look at how far we have fallen .
Everyone knows that violence is probably coming , and preparations are being made for it from coast to coast .
In Washington D.C. , authorities @ @ @ @ @ @ @ and a “ no climb ” fence will be put up around the entire White House complex… In other major cities , entire city blocks are being boarded up with plywood in anticipation of widespread violence… Some of the retail chains that have announced that they are boarding up stores include Tiffany , Saks Fifth Avenue , CVS , Target and Macy ’ s .
There are still some retailers that have chosen not to board up their stores , and that is a huge mistake .
During past riots , looters have @ @ @ @ @ @ @ up and hit those that were unprotected instead .
And once looters start rampaging through a store , the losses can be catastrophic .
Just check out what looters did to one Walmart in Philadelphia a few days ago .
Yes , it can cost a lot of money to board up a store .
According to one expert , the price tag can run as high as $ 31,000… So it is not normally something that you would want to do , but these are not normal times .
And it is @ @ @ @ @ @ @ requests are coming from “ California , New York and Illinois ” .
Needless to say , stores in those states are not boarding up their windows because they are afraid of Trump voters .
If the results of the presidential election are contested , or if Trump ends up winning , many believe that we could witness a temper tantrum on the left that would be absolutely unprecedented .
We all remember the riots that erupted in the aftermath of the tragic death of George Floyd earlier this year , and now @ @ @ @ @ @ @ are bracing for another round .
For example , we are being told that the NYPD ’ s elite Strategic Response Group is preparing “ for the worst ” … There have been rumors that Trump Tower could potentially be a target , and so hopefully officials in New York are aware of this threat and are ready to respond rapidly .
Elsewhere , thousands of National Guard troops have already been deployed all over the United States .
In fact , the Army Times is reporting that at least 3,671 troops have @ @ @ @ @ @ @ expect that number to grow much higher in the coming days .
Unless a Biden victory is declared on election night , there will be violence .
And the longer we have to wait for a winner to be finally declared , the worse the violence will become .
In the end , if Trump is ultimately declared to be the winner , many on the left will be absolutely convinced that the election was stolen from them and we could potentially see months of violence .
I wish that this wasn ’ @ @ @ @ @ @ @ Americans could understand that violence is not going to accomplish anything .
But we have already seen horrific rioting , looting and violence all over the country throughout 2020 , and everyone knows that this election could possibly be the spark that takes things to an entirely new level .
In just a matter of hours , what we are potentially facing should become a lot clearer .
Let us hope for the best , but let us also prepare for the worst .

by Michael Snyder
What we are experiencing at this moment is being referred to as “the calm before the storm”. All over the country, businesses are temporarily shutting down, stores are being boarded up and National Guard troops are being deployed. There has never been a presidential election like this in modern American history, and most Americans are anticipating some sort of nightmare scenario. In fact, the final Yahoo News/YouGov poll of the 2020 campaign found that a whopping 77 percent of all voters expect that “violence will break out” after the election…
Yet most voters (51 percent) also expect Trump to refuse to concede if he loses the election — and more than three-quarters (77 percent) worry that violence will break out in the coming days.
How did it come to this?
When I was growing up, I never even considered the possibility that there would be violence after an election. That was the sort of thing that happened in uncivilized areas of the world, and it was inconceivable that there would be rioting, looting and widespread chaos after one of our peaceful elections.
But now look at how far we have fallen. Everyone knows that violence is probably coming, and preparations are being made for it from coast to coast.
In Washington D.C., authorities are expecting vast numbers of protesters, and a “no climb” fence will be put up around the entire White House complex…
With Election Day preparations in full swing across the country, the White House will have a “no climb” fence installed this week around the entire complex, a law enforcement source told Fox News on Monday.
In other major cities, entire city blocks are being boarded up with plywood in anticipation of widespread violence…
Businesses across America are boarding up their windows ahead of potential chaos following tomorrow’s election as special police units prepare to tackle looters and rioters and foreign governments warn people not to visit the US for fear of civil unrest. In cities all over the country on Monday, retailers, offices and art galleries were putting plywood on their windows to protect their inventory ahead of tomorrow night’s election and the mayhem it might spark, no matter which candidate wins.
Some of the retail chains that have announced that they are boarding up stores include Tiffany, Saks Fifth Avenue, CVS, Target and Macy’s.
There are still some retailers that have chosen not to board up their stores, and that is a huge mistake. During past riots, looters have largely bypassed the stores that were boarded up and hit those that were unprotected instead.
And once looters start rampaging through a store, the losses can be catastrophic. Just check out what looters did to one Walmart in Philadelphia a few days ago.
Yes, it can cost a lot of money to board up a store. According to one expert, the price tag can run as high as $31,000…
Tom Buiocchi, CEO of ServiceChannel, an online platform that connects retailers with local contractors, said 750 stores have requested orders on the platform to board up their windows around the country since October 27, with the most in California, New York and Illinois. The cost to board up stores has ranged from $124 to $31,000, depending on the size, according to Buiocchi.
So it is not normally something that you would want to do, but these are not normal times.
And it is interesting that Buiocchi says that the most requests are coming from “California, New York and Illinois”.
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Needless to say, stores in those states are not boarding up their windows because they are afraid of Trump voters.
If the results of the presidential election are contested, or if Trump ends up winning, many believe that we could witness a temper tantrum on the left that would be absolutely unprecedented.
We all remember the riots that erupted in the aftermath of the tragic death of George Floyd earlier this year, and now law enforcement authorities all over the nation are bracing for another round. For example, we are being told that the NYPD’s elite Strategic Response Group is preparing “for the worst”…
Despite Mayor Bill de Blasio claiming on Monday morning that there was no specific threat, the NYPD’s elite Strategic Response Group – which consists of a group of 600 cops on bikes – is preparing ‘for the worst’. “We’re hoping for the best this week but we’re prepared for the worst. People have gotten emboldened out there.”
There have been rumors that Trump Tower could potentially be a target, and so hopefully officials in New York are aware of this threat and are ready to respond rapidly.
Elsewhere, thousands of National Guard troops have already been deployed all over the United States.
In fact, the Army Times is reporting that at least 3,671 troops have been deployed so far…
At least 3,671 Guard troops have been committed to the effort. The size of the authorized deployments ranges from 1,000 in Texas and Massachusetts to a single soldier in Wyoming. Some states are yet to determine how many troops will be activated, and many states have merely alerted selected units in anticipation of possible post-election unrest. All of the troops currently activated are on state orders and are under the control of their respective governors.
Sadly, I expect that number to grow much higher in the coming days.
Unless a Biden victory is declared on election night, there will be violence. And the longer we have to wait for a winner to be finally declared, the worse the violence will become.
In the end, if Trump is ultimately declared to be the winner, many on the left will be absolutely convinced that the election was stolen from them and we could potentially see months of violence.
I wish that this wasn’t true. I wish that all Americans could understand that violence is not going to accomplish anything.
But we have already seen horrific rioting, looting and violence all over the country throughout 2020, and everyone knows that this election could possibly be the spark that takes things to an entirely new level.
In just a matter of hours, what we are potentially facing should become a lot clearer.
Let us hope for the best, but let us also prepare for the worst.


investmentwatchblog--2020-11-03--If Trump wins, it will be the greatest political miracle in U.S. history

Four years ago , I went on national television just prior to the election and declared that if Donald Trump beat Hillary Clinton it would be the greatest political miracle in the history of the United States , and that is precisely what we got .
Trump miraculously won the states of Pennsylvania , Michigan and Wisconsin by a combined total of less than 100,000 votes , and he won the presidency even though Hillary Clinton won the popular vote by a margin of nearly 3 million .
Well , now here we are again .
Joe Biden ’ s @ @ @ @ @ @ @ greater than the lead that Hillary Clinton had in 2016 , and if Trump ends up winning it will be an even greater political miracle than we witnessed four years ago .
Yes , there is a very real possibility that Trump could win , and I explained exactly how it could unfold in an article that I posted yesterday .
But it won ’ t be easy .
Let ’ s take a look at how Trump is faring in the most critical swing states compared to where he stood just before @ @ @ @ @ @ @ the final RealClearPolitics average of Florida polls had Trump up by 0.2 points , but in 2020 the current RCP average of Florida polls has him trailing Biden by 1.8 points .
-In 2016 , the final RealClearPolitics average of North Carolina polls had Trump up by 1.0 points , but in 2020 the current RCP average of North Carolina polls has him up by just 0.2 points .
-In 2016 , the final RealClearPolitics average of Arizona polls had Trump up by 4.0 points , but in 2020 the current RCP average @ @ @ @ @ @ @ by 0.9 points .
-In 2016 , the final RealClearPolitics average of Wisconsin polls had Trump down by 6.5 points , but in 2020 the current RCP average of Wisconsin polls has him trailing Biden by 6.7 points .
-In 2016 , the final RealClearPolitics average of Michigan polls had Trump down by 3.4 points , but in 2020 the current RCP average of Michigan polls has him trailing Biden by 5.1 points .
-In 2016 , the final RealClearPolitics average of Pennsylvania polls had Trump losing by 1.9 points , but in @ @ @ @ @ @ @ polls has him trailing Biden by 2.6 points .
So Trump is theoretically doing worse in each of those key swing states that he was in 2016 .
Like I said , it is going to take a bigger miracle than we witnessed four years ago for Trump to pull this off , but it could definitely happen .
On election night itself , the most important state to focus on will be Florida .
As I discussed in a previous article , Florida is one of the states that allows mail-in ballots @ @ @ @ @ @ @ we should have a really good idea of what the results are going to look like in the state by the end of the night .
If Biden is declared the winner in Florida on election night , that is going to be a really , really bad sign for Trump .
There really isn ’ t a path to 270 electoral votes for Trump without Florida .
If Trump wins Florida , or if the vote is too close to call , then Pennsylvania becomes crucially important .
Unfortunately , Pennsylvania is @ @ @ @ @ @ @ allow mail-in ballots to be counted in advance , and they are going to have millions of them to count .
At this point , Pennsylvania Governor Tom Wolf is openly admitting that “ it may take longer than usual to count every vote ” … Pennsylvania is supposed to have every vote counted by Friday , but I am deeply skeptical that will actually happen .
In fact , it is now being reported that there are seven Pennsylvania counties that will not even begin counting mail-in ballots until Wednesday… Adding to @ @ @ @ @ @ @ mail-in ballot without a “ secrecy envelope ” in Pennsylvania must automatically be rejected .
This is something that I discussed yesterday , and FiveThirtyEight founder Nate Silver is acknowledging that this could become a big issue… If Biden loses Florida and then he loses the count in Pennsylvania , at that point it becomes more likely than not that Trump will emerge victorious .
All along , the Biden campaign has been anticipating that Trump will have a lead on election night but that the mail-in ballots will eventually swing the contest @ @ @ @ @ @ @ ’ t anticipate was that the flood of ballots coming through the mail would absolutely overwhelm the U.S .
Postal Service… The deadlines are different in every state , but in each case any ballots that do not get delivered by the deadline will not be counted .
Americans are famous for putting things off , and it appears that millions upon millions of people are trying to get their ballots in at the last minute .
Yesterday I warned that there could potentially be millions of late ballots that do not get @ @ @ @ @ @ @ by that assessment .
And since Biden voters are more than twice as likely to vote by mail as Trump voters are , the vast majority of the late ballots that do not get counted will be from Biden supporters .
In the end , that could be enough to deliver a victory for President Trump .
It may not look like the miracle that Trump supporters were expecting , but it would be a miracle nonetheless .
As I have stated in so many other articles , I am not predicting the @ @ @ @ @ @ @ the other .
But what I am saying is that it is going to take the biggest political miracle in U.S. history for Trump to win , and the U.S .
Postal Service may end up being the delivery vehicle for that miracle .

by Michael Snyder
Four years ago, I went on national television just prior to the election and declared that if Donald Trump beat Hillary Clinton it would be the greatest political miracle in the history of the United States, and that is precisely what we got. Trump miraculously won the states of Pennsylvania, Michigan and Wisconsin by a combined total of less than 100,000 votes, and he won the presidency even though Hillary Clinton won the popular vote by a margin of nearly 3 million. Well, now here we are again. Joe Biden’s lead in the national polls is even greater than the lead that Hillary Clinton had in 2016, and if Trump ends up winning it will be an even greater political miracle than we witnessed four years ago.
Could it happen?
Yes, there is a very real possibility that Trump could win, and I explained exactly how it could unfold in an article that I posted yesterday.
But it won’t be easy.
Let’s take a look at how Trump is faring in the most critical swing states compared to where he stood just before the last election.
-In 2016, the final RealClearPolitics average of Florida polls had Trump up by 0.2 points, but in 2020 the current RCP average of Florida polls has him trailing Biden by 1.8 points.
-In 2016, the final RealClearPolitics average of North Carolina polls had Trump up by 1.0 points, but in 2020 the current RCP average of North Carolina polls has him up by just 0.2 points.
-In 2016, the final RealClearPolitics average of Arizona polls had Trump up by 4.0 points, but in 2020 the current RCP average of Arizona polls has him trailing Biden by 0.9 points.
-In 2016, the final RealClearPolitics average of Wisconsin polls had Trump down by 6.5 points, but in 2020 the current RCP average of Wisconsin polls has him trailing Biden by 6.7 points.
-In 2016, the final RealClearPolitics average of Michigan polls had Trump down by 3.4 points, but in 2020 the current RCP average of Michigan polls has him trailing Biden by 5.1 points.
-In 2016, the final RealClearPolitics average of Pennsylvania polls had Trump losing by 1.9 points, but in 2020 the current RCP average of Pennsylvania polls has him trailing Biden by 2.6 points.
So Trump is theoretically doing worse in each of those key swing states that he was in 2016.
Like I said, it is going to take a bigger miracle than we witnessed four years ago for Trump to pull this off, but it could definitely happen.
On election night itself, the most important state to focus on will be Florida. As I discussed in a previous article, Florida is one of the states that allows mail-in ballots to be counted in advance, and we should have a really good idea of what the results are going to look like in the state by the end of the night.
If Biden is declared the winner in Florida on election night, that is going to be a really, really bad sign for Trump. There really isn’t a path to 270 electoral votes for Trump without Florida.
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If Trump wins Florida, or if the vote is too close to call, then Pennsylvania becomes crucially important.
Unfortunately, Pennsylvania is one of the states that does not allow mail-in ballots to be counted in advance, and they are going to have millions of them to count.
At this point, Pennsylvania Governor Tom Wolf is openly admitting that “it may take longer than usual to count every vote”…
‘These are unprecedented times. Because of the coronavirus, there were millions of votes cast by mail so it may take longer than usual to count every vote,’ he says in a new ad for the nonpartisan group, The Voter Project. ‘The folks in our election offices – your neighbors, family and friends are working hard ensuring every single vote is counted,’ he says.
Pennsylvania is supposed to have every vote counted by Friday, but I am deeply skeptical that will actually happen.
In fact, it is now being reported that there are seven Pennsylvania counties that will not even begin counting mail-in ballots until Wednesday…
Seven out of Pennsylvania’s 67 counties will wait to count mail-in ballots until the day after the election, according to local officials, potentially delaying when media organizations will be able to project a winner in the state. Pennsylvania allows for counties to begin processing mail-in ballots the morning of Election Day, but officials in Beaver, Cumberland, Franklin, Greene, Juniata, Mercer and Montour — all counties which voted for Donald Trump in 2016 — said that concerns over staffing and resources led them to delay when they will count mail ballots.
Adding to the mess is the fact that any mail-in ballot without a “secrecy envelope” in Pennsylvania must automatically be rejected. This is something that I discussed yesterday, and FiveThirtyEight founder Nate Silver is acknowledging that this could become a big issue…
“Among the votes that were sent in by mail, there are some provisions about a naked ballot, a security envelope. That could make things more complicated. You could have the courts involved. You have some protests, looting in Philadelphia. There’s lots of stuff going on.”
If Biden loses Florida and then he loses the count in Pennsylvania, at that point it becomes more likely than not that Trump will emerge victorious.
All along, the Biden campaign has been anticipating that Trump will have a lead on election night but that the mail-in ballots will eventually swing the contest their way. But what they didn’t anticipate was that the flood of ballots coming through the mail would absolutely overwhelm the U.S. Postal Service…
For the third day in a row, the US Postal Service moved fewer ballots on-time in critical battleground states than it did in the previous day, according to new court filings Sunday. With Election Day only two days away, these continued drops in performance mean ballots are now at significant risk of not arriving to election offices in time to get counted. In a majority of states, mail ballots postmarked before or on Election Day don’t count if they arrive after the polls close.
The deadlines are different in every state, but in each case any ballots that do not get delivered by the deadline will not be counted.
Americans are famous for putting things off, and it appears that millions upon millions of people are trying to get their ballots in at the last minute.
Yesterday I warned that there could potentially be millions of late ballots that do not get counted, and I continue to stand by that assessment.
And since Biden voters are more than twice as likely to vote by mail as Trump voters are, the vast majority of the late ballots that do not get counted will be from Biden supporters.
In the end, that could be enough to deliver a victory for President Trump.
It may not look like the miracle that Trump supporters were expecting, but it would be a miracle nonetheless.
As I have stated in so many other articles, I am not predicting the outcome of the election one way or the other.
But what I am saying is that it is going to take the biggest political miracle in U.S. history for Trump to win, and the U.S. Postal Service may end up being the delivery vehicle for that miracle.


investmentwatchblog--2020-11-03--Some tips on buying when the market falls

So I ’ ve seen some posts here about people asking about when to buy stocks during this market downturn .
And I ’ ve been trying to figure it out myself and I came up with some ideas that seem useful .
This is perhaps my third market downturn and I feel like I ’ ve gotten a lot better at it since the first time .
1-Nobody knows beforehand where the exact bottom is beforehand .
Everybody has ideas , but most of them are wrong .
If you think the market is gon na bottom in a @ @ @ @ @ @ @ it to bottom , you ’ ll probably miss the boat .
2-Different stocks and industries bottom on different days .
For example , cruises bottomed on a different day than tech stocks over the past week .
Cruises bottomed on the 28th or 29th .
Whereas tech stocks bottomed on the 30th and today .
( this could change as the week progresses , but I ’ m guessing that these stocks have already bottomed for this downturn .
I could be wrong though . )
3-The best time to buy is @ @ @ @ @ @ @ you ’ re scared and kind of hesitant because you think prices might drop more .
This is when prices tend to be most depressed .
Not only are you feeling this way , but so is everybody else .
4- Since you probably don ’ t know how long the downturn will last and how severe it will be , I recommend a strategy of buying on different days instead of dropping all your money all at once on the first day .
5- Try to buy after the downtrend reverses .
@ @ @ @ @ @ @ reversal .
It takes some practice to be able to identify when this happens .
But generally , get a good chart of your stock using thinkorswim or some other problem .
Watch the price action and set up a simple moving average .
The MACD indicator can also help .
As the downtrend continues , the price will rally a little .
Most of these rallies will be false rallies and the price will drop further after the rally .
At some point , you ’ ll see a particularly strong rally @ @ @ @ @ @ @ .
You can take a chance at buying in at that point .
In case you ’ re wrong , it would be wise to set a stop loss slightly below your entry point .
You can also use a trailing stop loss .
At some point , one of those big rallies is gon na be the real thing .
And then you ’ ll be in .
6- Don ’ t worry if you miss the bottom .
You can still get in at a good price if you ’ re @ @ @ @ @ @ @ lot of people miss the boat entirely or they panic sell and don ’ t get back in .
You ’ re beating all of those people already .
• Try to buy the securities that you think will recover strongly and quickly .
There ’ s no point in buying in a market downturn if you end up with a stock that doesn ’ t recover or takes many years to do so .
( some people will disagree with me here ) Or worse , a stock that falls further .
@ @ @ @ @ @ @ experiment .
The more market downturns you go through , the better you ’ ll get at it .
And the better you get at it , the more money you ’ ll make .
there ’ s big money to be made in a very short amount of time in these downturns .
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 nycxjz
So I’ve seen some posts here about people asking about when to buy stocks during this market downturn. And I’ve been trying to figure it out myself and I came up with some ideas that seem useful. This is perhaps my third market downturn and I feel like I’ve gotten a lot better at it since the first time.
1-Nobody knows beforehand where the exact bottom is beforehand. Everybody has ideas, but most of them are wrong. If you think the market is gonna bottom in a week and you’re waiting for it to bottom, you’ll probably miss the boat.
2-Different stocks and industries bottom on different days. For example, cruises bottomed on a different day than tech stocks over the past week. Cruises bottomed on the 28th or 29th. Whereas tech stocks bottomed on the 30th and today. (this could change as the week progresses, but I’m guessing that these stocks have already bottomed for this downturn. I could be wrong though.)
3-The best time to buy is going to be around the time when you’re scared and kind of hesitant because you think prices might drop more. This is when prices tend to be most depressed. Not only are you feeling this way, but so is everybody else.
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4- Since you probably don’t know how long the downturn will last and how severe it will be, I recommend a strategy of buying on different days instead of dropping all your money all at once on the first day.
5- Try to buy after the downtrend reverses. Don’t buy before the trend reversal. It takes some practice to be able to identify when this happens. But generally, get a good chart of your stock using thinkorswim or some other problem. Watch the price action and set up a simple moving average. The MACD indicator can also help. As the downtrend continues, the price will rally a little. Most of these rallies will be false rallies and the price will drop further after the rally. At some point, you’ll see a particularly strong rally and that may be a trend reversal. You can take a chance at buying in at that point. In case you’re wrong, it would be wise to set a stop loss slightly below your entry point. You can also use a trailing stop loss. At some point, one of those big rallies is gonna be the real thing. And then you’ll be in.
6- Don’t worry if you miss the bottom. You can still get in at a good price if you’re a little late or early. A lot of people miss the boat entirely or they panic sell and don’t get back in. You’re beating all of those people already.
Try to buy the securities that you think will recover strongly and quickly. There’s no point in buying in a market downturn if you end up with a stock that doesn’t recover or takes many years to do so. (some people will disagree with me here) Or worse, a stock that falls further. Don’t be afraid to experiment. The more market downturns you go through, the better you’ll get at it. And the better you get at it, the more money you’ll make. there’s big money to be made in a very short amount of time in these downturns.
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--2020-11-03--Massive Wells Fargo layoff coming as soon as this Tuesday

It has been reported that Wells Fargo is planning a massive layoff .
Cutting up to 25 % of its @ @ @ @ @ as this coming Tuesday .
Price of Wells Fargo shares have also hit lows not @ @ @ @ @ upcoming structuring might be what Wells Fargo needs in order to bounce back from its @ @ @ @ @ Fargo is probably one of the worst managed banks , other banks are also in @ @ @ @ @ rumored that Bank of America is intentionally holding off their mass layoff until 2021 .

It has been reported that Wells Fargo is planning a massive layoff. Cutting up to 25% of its workforce, starting as soon as this coming Tuesday. Price of Wells Fargo shares have also hit lows not seen since 2009. The upcoming structuring might be what Wells Fargo needs in order to bounce back from its current lows.
Although Wells Fargo is probably one of the worst managed banks, other banks are also in similar situations. It is rumored that Bank of America is intentionally holding off their mass layoff until 2021.
Sources:
www.wraltechwire.com/2020/10/27/wells-fargo-workers-report-layoffs-underway-50000-jobs-at-risk-news-site-says/
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investorplace.com/2020/10/wells-fargo-layoffs-what-to-know/
finance.yahoo.com/news/wells-fargo-shares-plunge-investors-210538894.html?
h/t All_the_miles753


investmentwatchblog--2020-11-03--Ray Dalio: Yuan Will be a Reserve Currency Faster Than Expected

• Historically the ‘ currency empires ’ have been the Dutch guilder , sterling and the US dollar .
• @ @ @ @ @ largest trading countries and in the present times that country is China • China ’ @ @ @ @ @ in Yuan and not something to worry about .
• Single party government is an @ @ @ @ @ of stable policies and it functioning like a ‘ corporation ’ .
Trade deficit = @ @ @ @ @ up reserves in foreign central banks .
This is one of the reasons how the @ @ @ @ @ gain so much influence , because the US in essence exports dollars .
However the @ @ @ @ @ actually trusts the Yuan to begin with and so majority of trade China conducts is @ @ @ @ @ ’ ll be interesting to see if the dollar ’ s influence does degrade overtime @ @ @ @ @ for now , the dollar is king .

Highlights:
Historically the ‘currency empires’ have been the Dutch guilder, sterling and the US dollar. These currencies belonged to the largest trading countries and in the present times that country is China China’s large debt is mostly in Yuan and not something to worry about. Single party government is an advantage over other countries because of stable policies and it functioning like a ‘corporation’.
Trade deficit = Yuan going overseas and building up reserves in foreign central banks. This is one of the reasons how the US dollar is able to gain so much influence, because the US in essence exports dollars.
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However the other issue is that nobody actually trusts the Yuan to begin with and so majority of trade China conducts is in dollars anyways. It’ll be interesting to see if the dollar’s influence does degrade overtime like people keep saying but for now, the dollar is king.
h/t uneekid


investmentwatchblog--2020-11-03--SPY going to hell soon?

SPY going to hell soon?

Disclaimer : This information is only for educational purposes .
Do not make any investment decisions based on the information @ @ @ @ @ you own due diligence or consult your financial professional before making any investment decision .

by iceewest
We are primarily funded by readers. Please subscribe and donate to support us!
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--2020-11-03--Did The Tech Bubble Pop On September 2nd?

For me it doesn ’ t not matter who wins the election .
The person in the Oval Office is not in control of the monetary policies that form the fundamental basis for owning physical gold and silver .
Regardless of which party sits in the Oval Office and Congress , the budget deficit and debt load will accelerate and thereby money printing will accelerate .
The dollar will start to decline at a more rapid pace than it has declined since mid-March .
Gold and Silver will climb over $ 2,000 and continue moving higher .
At some point @ @ @ @ @ @ @ pressure of a falling dollar and rising interest rates .
The chart above ( from Crescat Capital ) shows an analog that compares the Dow between 1919-1932 and 2009 to the present .
The key underlying factors that drove the the stock market in both time periods to an insanely overvalued top and subsequent descent are worse now than back in the 1920 ’ s/early 1930 ’ s : currently stocks have higher multiples , the global economy is more leveraged and Central Banks have created a far bigger systemic imbalance now vs. @ @ @ @ @ @ @ yet invented and thus not a factor in creating a far bigger “ leverage factor ” that is impossible to quantify but that will ultimately be lethal to the financial system .
This chart illustrates this point using the volume for exchange-traded options – the OTC derivatives market is far larger in nominal value than the stock market ( data from Bloomberg , Artemis Capital ) : The light blue line shows total stock market volume plotted against the yellow line which shows total options volume .
The proverbial tail is wagging the @ @ @ @ @ @ @ regulators are to blame .
The unwind will be ugly for stock market bulls .
That said , I expect the Fed will juice the money supply after a Presidential winner is declared .
This may or may not push the stock market higher .
I think we can expect a brief move higher in stocks after the election .
But soon thereafter the fundamental realities will sink in and have a negative effect on the stock market .
Did the tech bubble pop on September 2nd ?
– “ Bubbles tend to @ @ @ @ @ @ @ is in .
The last short has covered .
The last buyer has bought ( or bought massive amounts of weekly calls ) .
The decline starts and the psychology shifts from greed to complacency to worry to panic .
Our working hypothesis , which might be disproven , is that September 2 , 2020 was the top and the bubble has already popped.
” – David Einhorn , Greenlight Capital We won ’ t know the answer to that question for at least a few months .
In the chart above I @ @ @ @ @ @ @ by the Nasdaq to an all-time high since the March bottom .
The Nasdaq broke below the 50 dma in September ( yellow line ) , then rallied to retest the uptrend line .
It bounced off the uptrend line and headed lower almost immediately to form a lower high , after which it fell back below the 50 dma .
At some point I expect the Fed to step in with more money-printing but not until some point after an election winner has been declared .
That money will directed at injecting @ @ @ @ @ @ @ funding another big wave of Treasury issuance after the election .
But for now the path of least resistance in the stock market is down punctuated with bouts of high two-way volatility .
The commentary above is an excerpt from the Short Seller ’ s Journal , a weekly newsletter that dissects the latest economic reports and presents ideas for short seller ’ s .
You can learn about it here : Short Seller ’ s Journal information .

by Dave Kranzler of Investment Research Dynamics
For me it doesn’t not matter who wins the election. The person in the Oval Office is not in control of the monetary policies that form the fundamental basis for owning physical gold and silver. Regardless of which party sits in the Oval Office and Congress, the budget deficit and debt load will accelerate and thereby money printing will accelerate. The dollar will start to decline at a more rapid pace than it has declined since mid-March. Gold and Silver will climb over $2,000 and continue moving higher. At some point the stock markets will buckle under the pressure of a falling dollar and rising interest rates.
The chart above (from Crescat Capital) shows an analog that compares the Dow between 1919-1932 and 2009 to the present. The key underlying factors that drove the the stock market in both time periods to an insanely overvalued top and subsequent descent are worse now than back in the 1920’s/early 1930’s: currently stocks have higher multiples, the global economy is more leveraged and Central Banks have created a far bigger systemic imbalance now vs. then.
Also, derivatives were not yet invented and thus not a factor in creating a far bigger “leverage factor” that is impossible to quantify but that will ultimately be lethal to the financial system. This chart illustrates this point using the volume for exchange-traded options – the OTC derivatives market is far larger in nominal value than the stock market (data from Bloomberg, Artemis Capital):
The light blue line shows total stock market volume plotted against the yellow line which shows total options volume. The proverbial tail is wagging the dog and the Fed and the Government regulators are to blame. The unwind will be ugly for stock market bulls.
We are primarily funded by readers. Please subscribe and donate to support us!
That said, I expect the Fed will juice the money supply after a Presidential winner is declared. This may or may not push the stock market higher. I think we can expect a brief move higher in stocks after the election. But soon thereafter the fundamental realities will sink in and have a negative effect on the stock market.
Did the tech bubble pop on September 2nd? – “Bubbles tend to topple under their own weight. Everybody is in. The last short has covered. The last buyer has bought (or bought massive amounts of weekly calls). The decline starts and the psychology shifts from greed to complacency to worry to panic. Our working hypothesis, which might be disproven, is that September 2, 2020 was the top and the bubble has already popped.” – David Einhorn, Greenlight Capital
We won’t know the answer to that question for at least a few months. In the chart above I sketched in loosely the uptrend line followed by the Nasdaq to an all-time high since the March bottom. The Nasdaq broke below the 50 dma in September (yellow line), then rallied to retest the uptrend line. It bounced off the uptrend line and headed lower almost immediately to form a lower high, after which it fell back below the 50 dma.
At some point I expect the Fed to step in with more money-printing but not until some point after an election winner has been declared. That money will directed at injecting more liquidity into the TBTF banks and funding another big wave of Treasury issuance after the election. But for now the path of least resistance in the stock market is down punctuated with bouts of high two-way volatility.
The commentary above is an excerpt from the Short Seller’s Journal, a weekly newsletter that dissects the latest economic reports and presents ideas for short seller’s. You can learn about it here: Short Seller’s Journal information.


investmentwatchblog--2020-11-03--Why, When, And How Will We Switch To A New International Gold Standard?

by Jan Nieuwenhuijs via The Gold Observer In a recent interview , I talked about why , when and how @ @ @ @ @ to a new international gold standard .
In case you missed it , you can @ @ @ @ @ I mention in the interview that in the past decades European central banks have equalized @ @ @ @ @ read more in my article “ Europe Has Been Preparing a Global Gold Standard Since @ @ @ @ @ a fiat monetary system causes inequality ( read more in my article “ What Went @ @ @ @ @ , and I talked about a monetary system called gold price targeting ( read more @ @ @ @ @ the Fed Controlled the Price of Gold From 1982 Until 1995 ” ) .
David @ @ @ @ @ silver supply and demand dynamics , on which I have previously written two articles : @ @ @ @ @ Above Ground ?
” and “ Warning : Misleading Silver Supply and Demand Data .
@

by Jan Nieuwenhuijs via The Gold Observer
In a recent interview, I talked about why, when and how I think we will switch to a new international gold standard. In case you missed it, you can watch the interview below.
We are primarily funded by readers. Please subscribe and donate to support us!
Additional Background Information
I mention in the interview that in the past decades European central banks have equalized official gold reserves internationally (read more in my article “Europe Has Been Preparing a Global Gold Standard Since the 1970s”), a fiat monetary system causes inequality (read more in my article “What Went Wrong In 1971”), and I talked about a monetary system called gold price targeting (read more in my article “How the Fed Controlled the Price of Gold From 1982 Until 1995”).
David and I also talked about silver supply and demand dynamics, on which I have previously written two articles: “How Much Silver Is Above Ground?” and “Warning: Misleading Silver Supply and Demand Data.”


investmentwatchblog--2020-11-03--This will be global in scope and has the power to unseat the dollar.

This will be global in scope and has the power to unseat the dollar .
t.co/0ztUuRafPA

This will be global in scope and has the power to unseat the dollar. t.co/0ztUuRafPA
— Danielle DiMartino Booth (@DiMartinoBooth) November 2, 2020


investmentwatchblog--2020-11-03--Lockdown Corruption & Destruction of Small Business

There might be a lot of people that originally supported the lockdowns out of ‘ fear ’ – however , this has been rapidly diminishing even in my own extended family .
We were frustratingly at one stage over 80 % in favour , that had dropped to under 30 % , I suspect it is similar in many places .
As I stated in my last mail , I believe the elite cabal behind this lockdown scam had pulled the trigger 3-4mths to early .
Trump has gone out of his way to point out he hates lockdown and @ @ @ @ @ @ @ really ramped this message up in the last few days .
I know it will be the most corrupt election ever and the result remains to be seen .
However , it would be wholly ironic if the very covid plot hatched to overthrow Trump actually blows up in their faces and it is the very thing , that now powers Trump into a landslide win , with his ANTI-Lockdown message going into Tuesday .
REPLY : I agree .
The computer has projected Trump should be the winner .
If this is @ @ @ @ @ @ @ been manipulated in hopes of overthrowing Trump for the Great Reset .
Our computer has also projected that this should be the biggest turnout perhaps even in history alongside this being the most corrupt election in history .
With about 1/3 small businesses in London gone , this latest lockdown is criminal when the death rate is less than 3 % .
This next lockdown will be extended and will eliminate Christmas .
That will probably leave London looking like a Ghost Town .
I can not believe , after working for politicians @ @ @ @ @ @ @ ignorant of what they are doing .
This is clearly an agenda to crush the world economy to rebuilt it from scratch according to Klaus Schwab ’ s Great Reset .

by Martin Armstrong
COMMENT (from UK): Hi Martin
There might be a lot of people that originally supported the lockdowns out of ‘fear’ – however, this has been rapidly diminishing even in my own extended family. We were frustratingly at one stage over 80% in favour, that had dropped to under 30%, I suspect it is similar in many places. As I stated in my last mail, I believe the elite cabal behind this lockdown scam had pulled the trigger 3-4mths to early.
Trump has gone out of his way to point out he hates lockdown and will not do it. He has really ramped this message up in the last few days.
Biden wants to LOCKDOWN our Country, maybe for years. Crazy! There will be NO LOCKDOWNS. The great American Comeback is underway!!! — Donald J. Trump (@realDonaldTrump) November 1, 2020
I know it will be the most corrupt election ever and the result remains to be seen. However, it would be wholly ironic if the very covid plot hatched to overthrow Trump actually blows up in their faces and it is the very thing, that now powers Trump into a landslide win, with his ANTI-Lockdown message going into Tuesday.
We are primarily funded by readers. Please subscribe and donate to support us!
Kind Regards
PD
REPLY: I agree. The computer has projected Trump should be the winner. If this is true, then all the polls have been manipulated in hopes of overthrowing Trump for the Great Reset. Our computer has also projected that this should be the biggest turnout perhaps even in history alongside this being the most corrupt election in history. With about 1/3 small businesses in London gone, this latest lockdown is criminal when the death rate is less than 3%. This next lockdown will be extended and will eliminate Christmas. That will probably leave London looking like a Ghost Town.
I cannot believe, after working for politicians for 40 years, that they are ignorant of what they are doing. This is clearly an agenda to crush the world economy to rebuilt it from scratch according to Klaus Schwab’s Great Reset.


investmentwatchblog--2020-11-03--U Polices on Farming will Create a Famine

The EU is indeed playing into our model which has been projecting this would be a commodity wave built on @ @ @ @ @ indeed contribute to worldwide famine and they have been supported by Bill Gates which seems @ @ @ @ @ desire to reduce world population .
Food prices will rise and the poor will be @ @ @ @ @ contribute to the rising civil unrest much as the food shortages led to the French @ @

by Martin Armstrong
We are primarily funded by readers. Please subscribe and donate to support us!
The EU is indeed playing into our model which has been projecting this would be a commodity wave built on food shortages. They will indeed contribute to worldwide famine and they have been supported by Bill Gates which seems to actually play into his desire to reduce world population. Food prices will rise and the poor will be left starving. This will contribute to the rising civil unrest much as the food shortages led to the French Revolution.


investmentwatchblog--2020-11-03--Volatility Index (VIX) Short Positioning Is One of the Biggest in History

The volume of short positions is growing in the volatility index of S & P 500 ( VIX ) .
Analytical channel Macro Charts notes unusual dynamics in the VIX , which reflects the volatility of the S & P 500 , one of the main indices of the African stock market , which includes the 500 largest companies by capitalization .
Analyst @ macrocharts notes that the number of open short positions on the VIX index is already one of the largest in history , significantly surpassing the events that took place before the 2016 presidential election .
It @ @ @ @ @ @ @ connects the changes in volatility , stressing that almost 40 % of open interest on the VIX is now in the hands of shortists .
However , he notes that the shortists ’ plan may not be successful : if something goes wrong , the whole scheme could end up crashing along with the market .
The Future of the US Market Is Uncertain Previously , analysts expressed different opinions about the future of the US market after the elections .
For example , @ mardermarket , a market researcher and trader , @ @ @ @ @ @ @ form of a cup was formed in the Nasdaq index .
Before the elections , its bottom had already been passed , and now the market is at the stage of ascent .
He notes that the rise in the index is likely to be helped by the historically high gains seen in the November and winter months in the market .

by Peter Smith
The volume of short positions is growing in the volatility index of S&P 500 (VIX).
VIX Short Volume Is Growing
Analytical channel Macro Charts notes unusual dynamics in the VIX, which reflects the volatility of the S&P 500, one of the main indices of the African stock market, which includes the 500 largest companies by capitalization. We are primarily funded by readers. Please subscribe and donate to support us!
$VIX Positioning spiked even more this week… now 40% of OI, one of the biggest Shorts in history. This big Vol Short is very different from the last election. They could all be right – but the key risk remains: if anything goes wrong, it could lead to large losses@MacroCharts via Twitter
Image Source: Twitter @MacroCharts
Analyst @macrocharts notes that the number of open short positions on the VIX index is already one of the largest in history, significantly surpassing the events that took place before the 2016 presidential election. It is with the elections that the analyst connects the changes in volatility, stressing that almost 40% of open interest on the VIX is now in the hands of shortists.
However, he notes that the shortists’ plan may not be successful: if something goes wrong, the whole scheme could end up crashing along with the market.
The Future of the US Market Is Uncertain
Previously, analysts expressed different opinions about the future of the US market after the elections. For example, @mardermarket, a market researcher and trader, noted that a technical figure in the form of a cup was formed in the Nasdaq index. Before the elections, its bottom had already been passed, and now the market is at the stage of ascent. He notes that the rise in the index is likely to be helped by the historically high gains seen in the November and winter months in the market.


investmentwatchblog--2020-11-03--Central bank Digital Coins are to enforce negative interest-rates

The weekend just gone produced quite a lot of news .
Another lockdown in the UK is in the offing and there is of course the not so small matter of tomorrow ’ s US election .
But something that does not make such headlines was also very significant and it came from ECB President Christine Lagarde .
Actually it looks as though they have already decided and are launching a public consultation as cover for the exercise .
After all most will not understand what are the real consequences of this especially as it will be presented as being @ @ @ @ @ @ @ .
The Covid-19 pandemic has provided a push for electronic forms of payment which is really rather convenient for this purpose .
So they have a good chance of getting support and if they do not well they will simply ignore it .
I must say it is hard not to laugh at the “ if needed ” because it is the central bankers as I shall explain who need it and not the Euro areas consumers and savers .
The real problem is highlighted here .
It is the first sentence which @ @ @ @ @ @ @ the tone deaf nature of “ we ’ ve delivered ” in the second is pretty shocking .
The ECB already had problems with the Euro area economy as the “ Euroboom ” faded and growth was not only poor but the largest economy and indeed bell weather Germany was struggling .
Then the pandemic hit and made everything worse .
This arises from the fact that in response to the issues above it has used so many monetary policy options .
It was as long ago as June 2014 that it introduced @ @ @ @ @ @ @ reductions since .
Its Deposit Rate is now -0.5 % and via the TLTROs it has reduced its interest-rates for the banks to -1 % .
This is a crucial point in today ’ s narrative because they feel they can not keep interest-rates at these negative levels without throwing some free fish to the banks .
There is a lot of irony here because interest-rates were cut to help the banks but the supposed cure has turned out to be poison at the dosages required .
You do not need to take @ @ @ @ @ @ @ look at bank ’ s share prices .
For example my old employer Deutsche Bank has a share price which has nudged over 8 Euros this morning which is around half of what it was in early 2017 and well you do the maths in the fall from this .
So the banks are struggling with negative interest-rates as they are which poses a problem for a central bank wanted to go lower or in the new buzzword be “ recalibrated ” .
Actually the ECB was part of a group of central @ @ @ @ @ @ @ Settlements to look into this issue in January .
As that is not a problem they are up to something else here .
Also they are worried that it might make the problem they are supposed to stop worse .
In the end it is always about the banks in their role as The Precious .
I think we get more of the truth here .
To my mind the opportunities are for central bankers and not for us .
The IMF lets the cat out of the bag Back in February 2019 @ @ @ @ @ @ @ sure you have already spotted why the ECB is now on the case .
As to cash it turns out it has a feature which makes central bankers hate it .
This is simply that it offers 0 % which as the IMF explains below is a barrier to central bank “ innovation ” , There is an irony in this as by doing nothing it has turned out to be a powerful tool .
The central bankers will be furious at the advice given by the rather prescient Steve Miller Band .
@ @ @ @ @ @ @ is very different to what is the plan .
A central bank digital coin is a way of imposing even deeper negative interest-rates .
The IMF gave a template for this below .
This brings us back to the ECB which last week told us this .
It fears that further interest-rate cuts could cause a bank run .
I agree with that and have written before that somewhere around -1.5 % to -2 % seems likely to be the threshold .
Thus any more cuts will bring them near that especially as @ @ @ @ @ @ @ .
So in their view a new plan is required and some of you may already be mulling their existing plan to phase out the 500 Euro note which is their highest denomination .
Putting this another way they are worried by two developments .
One is Bitcoin which potentially challenges the monopoly power of central banks and also the demand for cash is rising not falling .
In the Euro area it was 1.33 trillion Euros in September as opposed to 1.2 trillion a year before .

by Shaun Richards
The weekend just gone produced quite a lot of news. Another lockdown in the UK is in the offing and there is of course the not so small matter of tomorrow’s US election. But something that does not make such headlines was also very significant and it came from ECB President Christine Lagarde.
We’ve started exploring the possibility of launching a digital euro. As Europeans are increasingly turning to digital in the ways they spend, save and invest, we should be prepared to issue a digital euro, if needed. I’m also keen to hear your views on it.
Actually it looks as though they have already decided and are launching a public consultation as cover for the exercise. After all most will not understand what are the real consequences of this especially as it will be presented as being modern and something which is happening anyway. The Covid-19 pandemic has provided a push for electronic forms of payment which is really rather convenient for this purpose. So they have a good chance of getting support and if they do not well they will simply ignore it. I must say it is hard not to laugh at the “if needed” because it is the central bankers as I shall explain who need it and not the Euro areas consumers and savers.
The real problem is highlighted here.
The outbreak of the coronavirus pandemic came as a deep shock to all of us and warranted fast policy responses. I’m proud to say that we’ve delivered: our measures have been providing crucial support to the eurozone economy and to European citizens.
It is the first sentence which applies here although I have to say the tone deaf nature of “we’ve delivered” in the second is pretty shocking. The ECB already had problems with the Euro area economy as the “Euroboom” faded and growth was not only poor but the largest economy and indeed bell weather Germany was struggling. Then the pandemic hit and made everything worse.
The ECB’s Problem
This arises from the fact that in response to the issues above it has used so many monetary policy options. It was as long ago as June 2014 that it introduced negative interest-rates and there have been further reductions since. Its Deposit Rate is now -0.5% and via the TLTROs it has reduced its interest-rates for the banks to -1%. This is a crucial point in today’s narrative because they feel they cannot keep interest-rates at these negative levels without throwing some free fish to the banks. There is a lot of irony here because interest-rates were cut to help the banks but the supposed cure has turned out to be poison at the dosages required. You do not need to take my word for it just tale a look at bank’s share prices. For example my old employer Deutsche Bank has a share price which has nudged over 8 Euros this morning which is around half of what it was in early 2017 and well you do the maths in the fall from this.
The all-time high Deutsche Bank Aktiengesellschaft stock closing price was 159.59 on May 11, 2007. ( macrotrends.net )
So the banks are struggling with negative interest-rates as they are which poses a problem for a central bank wanted to go lower or in the new buzzword be “recalibrated”.
The Plan
Actually the ECB was part of a group of central banks which asked the Bank for International Settlements to look into this issue in January.
In jurisdictions where cash use is declining and digitalisation is increasing, CBDC could also play an important role in maintaining access to, and expanding the utility of, central bank money. ( CBDC = Central Bank Digital Coin)
As that is not a problem they are up to something else here. Also they are worried that it might make the problem they are supposed to stop worse.
There are two main concerns: first that, in times of financial crisis, the existence of a CBDC could enable larger
and faster bank runs; and second, and more generally, that a shift from retail deposits into CBDC
(“disintermediation”) could lead banks to rely on more expensive and less stable sources of funding.
In the end it is always about the banks in their role as The Precious. I think we get more of the truth here.
We are primarily funded by readers. Please subscribe and donate to support us!
CBDC may offer opportunities that are not possible with cash. A convenient and accessible
CBDC could serve as an alternative to potentially unsafe forms of private money, offer users privacy, reduce
illegal activity, facilitate fiscal transfers and/or enable “programmable money”. Yet these opportunities may
involve trade-offs and unless these have a bearing on a central bank’s mandate (eg through threatening
confidence in the currency), they will be secondary motivations for central banks.
To my mind the opportunities are for central bankers and not for us.
The IMF lets the cat out of the bag
Back in February 2019 it told us this.
In a cashless world, there would be no lower bound on interest rates. A central bank could reduce the policy rate from, say, 2 percent to minus 4 percent to counter a severe recession.
I am sure you have already spotted why the ECB is now on the case. As to cash it turns out it has a feature which makes central bankers hate it. This is simply that it offers 0% which as the IMF explains below is a barrier to central bank “innovation”,
When cash is available, however, cutting rates significantly into negative territory becomes impossible. Cash has the same purchasing power as bank deposits, but at zero nominal interest. Moreover, it can be obtained in unlimited quantities in exchange for bank money. Therefore, instead of paying negative interest, one can simply hold cash at zero interest. Cash is a free option on zero interest, and acts as an interest rate floor.
There is an irony in this as by doing nothing it has turned out to be a powerful tool. The central bankers will be furious at the advice given by the rather prescient Steve Miller Band.
Hoo-hoo-hoo, go on, take the money and run
Go on, take the money and run
Hoo-hoo-hoo, go on, take the money and run
Go on, take the money and run. Banning a song usually only makes it more popular. That would also be true of cash I suspect.
Comment
As so often what we are told is very different to what is the plan. A central bank digital coin is a way of imposing even deeper negative interest-rates. The IMF gave a template for this below.
To illustrate, suppose your bank announced a negative 3 percent interest rate on your bank deposit of 100 dollars today. Suppose also that the central bank announced that cash-dollars would now become a separate currency that would depreciate against e-dollars by 3 percent per year. The conversion rate of cash-dollars into e-dollars would hence change from 1 to 0.97 over the year. After a year, there would be 97 e-dollars left in your bank account. If you instead took out 100 cash-dollars today and kept it safe at home for a year, exchanging it into e-money after that year would also yield 97 e-dollars.
This brings us back to the ECB which last week told us this.
this recalibration exercise will touch on all our instruments. It is not going to be one or the other. It is not going to be looking at one single instrument. It will be looking at all our instruments, how they interact together, what will be the optimal outcome, and what will be the mix that will best address the situation.
It fears that further interest-rate cuts could cause a bank run. I agree with that and have written before that somewhere around -1.5% to -2% seems likely to be the threshold. Thus any more cuts will bring them near that especially as the LTRO rate is already -1%. So in their view a new plan is required and some of you may already be mulling their existing plan to phase out the 500 Euro note which is their highest denomination.
Putting this another way they are worried by two developments. One is Bitcoin which potentially challenges the monopoly power of central banks and also the demand for cash is rising not falling. In the Euro area it was 1.33 trillion Euros in September as opposed to 1.2 trillion a year before.
Podcast


investmentwatchblog--2020-11-03--Is the Big Breakout For Precious Metals Finally Here?

Silver is exploding higher this morning .
By the look of things , it might finally break out of the triangle formation that has determined price action for the last three months .
More importantly , this move is silver is dramatically stronger than that of gold .
This is precisely what we would expect during a major leg up in precious metals .
Indeed , the silver to gold ratio could finally break out of its triangle formation to the upside .
This is the signal we ’ ve been waiting for .
If the next leg up is @ @ @ @ @ @ @ move will take your breath away .
On that note , we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead .
The report is titled Survive the Inflationary Storm .
And it explains in very simply terms how to make inflation PAY YOU .
We are making just 100 copies available to the public .
As I write this there are just 17 left .
To pick up yours , swing by @

Silver is exploding higher this morning. By the look of things, it might finally break out of the triangle formation that has determined price action for the last three months.
More importantly, this move is silver is dramatically stronger than that of gold. This is precisely what we would expect during a major leg up in precious metals. Indeed, the silver to gold ratio could finally break out of its triangle formation to the upside.
This is the signal we’ve been waiting for. If the next leg up is about to hit in precious metals the move will take your breath away.
On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you as it rips through the financial system in the months ahead.
The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU.
We are making just 100 copies available to the public.
As I write this there are just 17 left.
We are primarily funded by readers. Please subscribe and donate to support us!
To pick up yours, swing by:
www.phoenixcapitalmarketing.com/inflationstorm.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research


investmentwatchblog--2020-11-03--If you’re thinking about leaving…

If you’re thinking about leaving…

Canada has been busy for weeks creating contingency plans for tomorrow ’ s US Presidential election .
A lot of Canadians seem worried that their country will be inundated by violent , plague-infested Americans fleeing the election results .
That ’ s probably a bit of a stretch .
But this does seem to be a recurring theme .
Every four years there are always a bunch of people– usually very out of touch celebrities– who threaten to leave the US if their candidate doesn ’ t win .
And Canada is a perennial favorite destination among these famous American @ @ @ @ @ @ @ quite understood this ; sure , Canada ’ s great .
But the world is a big place .
And , especially now , with so many people no longer constrained by geography due to Covid , it makes sense to expand one ’ s escape plan beyond just a single country .
Consider Mexico , for example .
Mexico is the country that the US federal government has tried so hard to block for immigration purposes .
Yet in an ironic twist of fate , Mexico is one of the only countries @ @ @ @ @ @ @ US citizens have limited options for international travel .
But Mexico is still open , including to Americans .
You can enter Mexico without a visa , and stay for up to 180 days , no questions asked .
One of our Sovereign Man team members did this recently , enjoying a great deal of freedom on Mexico ’ s Gulf coast , as well as a fantastic lifestyle at minimal cost .
He told us recently that he went to a barber and paid just $ 4 for haircut ( including a @ @ @ @ @ @ @ family to a delicious lunch at a great restaurant for less than what McDonalds would have cost in the US .
Safety was not a concern ; this region of Mexico is about as ‘ dangerous ’ as Wyoming in terms of crime incidents .
So , Mexico presents an opportunity to spend 6 months on the beach , avoid strict lockdowns , distance yourself from politics and riots , and save a ton of money .
Probably the only other places that rival Mexico ’ s low cost of living in the @ @ @ @ @ @ @ and Ecuador .
Sure , you could easily pay New York prices for dinner at a world-class restaurant in Mexico City , or even in Cancun .
But if you are willing to venture beyond the typical tourist traps , you ’ ll be pleasantly surprised .
Playa Del Carmen is touristy , and therefore not very cheap by Mexican standards .
And still , a family of four could live comfortably on $ 3,000 a month , rent included .
Temporary residency in Mexico is easy to acquire for anyone who can @ @ @ @ @ @ @ you ’ ll need at least $ 1,700 per month after taxes , plus $ 700 for each dependent .
After four years of temporary residency , you can upgrade to permanent residency .
That is a great asset that gives you another option to live and work ( or escape ) outside of your home country .
Retirees have a shortcut to permanent residency in Mexico , as long as you can prove you are officially retired and have a pension or Social Security income of at least $ 2,800 per month @ @ @ @ @ @ @ , you can apply for naturalization , which means becoming a Mexican citizen , and obtaining a Mexican passport .
And most of these options can be started now from your nearest consulate , before you even set foot on Mexican soil .
Although it is rare , there are other countries that offer easy residency , various paths to citizenship , and a low cost of living .
But Mexico remains one of the very few places on earth open to travelers from the United States and Europe ; there are still @ @ @ @ @ @ @ cities like Houston , Paris , Miami , New York , Madrid , Los Angeles , Amsterdam , etc .
So you ’ re thinking about leaving… whether due to strict lockdowns , peaceful protests , inevitably higher taxes , or simply to retire in peace , Mexico might be worth considering .

by Simon Black
Canada has been busy for weeks creating contingency plans for tomorrow’s US Presidential election.
A lot of Canadians seem worried that their country will be inundated by violent, plague-infested Americans fleeing the election results.
That’s probably a bit of a stretch. But this does seem to be a recurring theme.
Every four years there are always a bunch of people– usually very out of touch celebrities– who threaten to leave the US if their candidate doesn’t win.
And Canada is a perennial favorite destination among these famous American would-be political refugees.
I never really quite understood this; sure, Canada’s great. But the world is a big place. And, especially now, with so many people no longer constrained by geography due to Covid, it makes sense to expand one’s escape plan beyond just a single country.
Consider Mexico, for example.
Mexico is the country that the US federal government has tried so hard to block for immigration purposes. Yet in an ironic twist of fate, Mexico is one of the only countries still welcoming to Americans.
Right now US citizens have limited options for international travel. But Mexico is still open, including to Americans.
You can enter Mexico without a visa, and stay for up to 180 days, no questions asked.
One of our Sovereign Man team members did this recently, enjoying a great deal of freedom on Mexico’s Gulf coast, as well as a fantastic lifestyle at minimal cost.
He told us recently that he went to a barber and paid just $4 for haircut (including a generous tip), then treated his family to a delicious lunch at a great restaurant for less than what McDonalds would have cost in the US.
Safety was not a concern; this region of Mexico is about as ‘dangerous’ as Wyoming in terms of crime incidents.
So, Mexico presents an opportunity to spend 6 months on the beach, avoid strict lockdowns, distance yourself from politics and riots, and save a ton of money.
Probably the only other places that rival Mexico’s low cost of living in the Western Hemisphere are Colombia, Argentina, and Ecuador.
We are primarily funded by readers. Please subscribe and donate to support us!
(Panama and Costa Rica, for example, are also great expat destinations, but both have become costlier in recent years.)
Sure, you could easily pay New York prices for dinner at a world-class restaurant in Mexico City, or even in Cancun.
But if you are willing to venture beyond the typical tourist traps, you’ll be pleasantly surprised.
Playa Del Carmen is touristy, and therefore not very cheap by Mexican standards. And still, a family of four could live comfortably on $3,000 a month, rent included.
Temporary residency in Mexico is easy to acquire for anyone who can prove they have sufficient savings or income– you’ll need at least $1,700 per month after taxes, plus $700 for each dependent.
After four years of temporary residency, you can upgrade to permanent residency. That is a great asset that gives you another option to live and work (or escape) outside of your home country.
Retirees have a shortcut to permanent residency in Mexico, as long as you can prove you are officially retired and have a pension or Social Security income of at least $2,800 per month.
After five years of legal residency, you can apply for naturalization, which means becoming a Mexican citizen, and obtaining a Mexican passport.
And most of these options can be started now from your nearest consulate, before you even set foot on Mexican soil.
Although it is rare, there are other countries that offer easy residency, various paths to citizenship, and a low cost of living.
But Mexico remains one of the very few places on earth open to travelers from the United States and Europe; there are still plenty of nonstop flights between Mexico and cities like Houston, Paris, Miami, New York, Madrid, Los Angeles, Amsterdam, etc.
So you’re thinking about leaving… whether due to strict lockdowns, peaceful protests, inevitably higher taxes, or simply to retire in peace, Mexico might be worth considering.