investmentwatchblog--2020-10-24--Everything We Assume Is Permanent Is Actually Fragile

Masking the rot and fragility is not the same thing as strength or permanence .
The great irony of the past 75 years of expanding consumption is the belief that all these decades of success prove the system is rock-solid and future success is thus guaranteed .
The irony lies in the systemic fragility that ’ s built into the large-scale industrial production that generates endless surpluses of energy , food , fresh water , etc .
and the global financial system that delivers endless surpluses of capital and credit to be distributed by public authorities and private owners of @ @ @ @ @ @ @ efficiencies has been scaling up production by concentrating ownership and capacity into a few quasi-monopolies/cartels .
In industry after industry , where there were once dozens of companies , there are now only a handful of behemoths with outsized market and political power which they wield to retain their dominance .
For example , where there were dozens of large regional banks in the U.S. not that long ago , relentless consolidation has led to a handful of supergiant too big to fail banks which can take extraordinary risks ( and undertake criminal @ @ @ @ @ @ @ will always bail them out and leave the banks ’ corporate criminals untouched .
Two of these too big to fail banks recently paid fines in the billions of dollars , yet no one went to prison or even faced criminal charges .
This highlights the systemic problem with concentrating capital and power in the hands of the few : too big to fail means corporate wrongdoers have a permanent get out of jail free card while the small-fry white-collar criminal will get a fiver ( five-year prison sentence ) for skimming a @ @ @ @ @ @ @ by the too big to fail banks .
The net result is a two-tier judicial / law enforcement system : the too big to fail “ essential ” companies get a free hand and the citizenry get whatever “ justice ” they can afford , i.e .
very little .
This concentration of wealth and power in the hands of a few corporations is of course state-cartel socialism in which the public good has become subservient to the profits of corporate owners and insiders , and the skims paid to the state ’ @ @ @ @ @ @ @ enforces this concentration of private wealth and power in a number of ways : regulatory capture , the polite bribery of lobbying , the revolving door between government and private industry , and so on .
The public good would best be served by competition and transparent markets and regulations , but these are precisely what ’ s been eliminated by relentless consolidation and the paring down of the economic ecosystem to a handful of too big to fail nodes which work tirelessly to eliminate competition , transparency and meaningful public oversight .
@ @ @ @ @ @ @ has stripped the economy of redundancies and buffers .
Production supply chains have been engineered to function in a narrow envelope of quality , quantity and time .
Any disruption quickly leads to shortages , something that became visible when meatpacking plants were closed in the pandemic .
Supply chains are long and fragile , but this fragility is not visible as long as everything stays within the narrow envelope that ’ s been optimized .
Once the envelope is broken , the supply chain breaks down .
Since redundancies and buffers have @ @ @ @ @ @ @ alternatives available .
Shortages mount and the entire system starts breaking down .
Quality has been stripped out as well .
When markets become captive to cartels and monopolies , customers have to take what ’ s available : if it ’ s poor quality goods and services , tough luck , pal , there are no alternatives .
There are only one or two service providers , healthcare insurers , etc.
, and they all provide the same minimal level of quality and service .
The moral rot in our social , @ @ @ @ @ @ @ of hidden fragility .
I ’ m constantly told by readers that corruption has been around forever , so therefore nothing has changed , but these readers are indulging in magical nostalgia : things have changed profoundly , and for the worse , as the moral rot has seeped into every nook and cranny of American life , from the top down .
There is no “ public good , ” there is only a rapacious , obsessive self-interest that claims the mantle of “ public good ” as a key mechanism of @ @ @ @ @ @ @ Everything is Staged , everyone and everything in America is now nothing more than a means to a self-interested end , and so the the entirety of American life is nothing but 100 % marketing of various cons designed to enrich the few at the expense of the many .
That America was a better place without endless marketing of Big Pharma meds and colleges hyping their insanely costly “ product ” ( a worthless diploma ) has been largely forgotten by those indulging in magical nostalgia .
What few seem to realize @ @ @ @ @ @ @ of life are nothing more than fragile social constructs based on trust and legitimacy .
Once trust and legitimacy have been lost , these constructs melt into the sands of time .
A great many things we take for granted are fragile constructs that could unravel with surprising speed : law enforcement , the courts , elections , the value of our currency– these are all social constructs .
Once legitimacy is lost , people abandon these constructs and they melt away .
It ’ s clear to anyone who isn ’ t @ @ @ @ @ @ @ institutions is in a steep decline as the legitimacy of these institutions , public and private , have been eroded by incompetence , corruption , dysfunction and the rapacious self-interest of insiders .
What we ’ ve gotten very good at is masking the rot and fragility .
Masking the rot and fragility is not the same thing as strength or permanence .
The nation is about to discover the difference in the years ahead .

by Charles Hugh-Smith
Masking the rot and fragility is not the same thing as strength or permanence.
The great irony of the past 75 years of expanding consumption is the belief that all these decades of success prove the system is rock-solid and future success is thus guaranteed. The irony lies in the systemic fragility that’s built into the large-scale industrial production that generates endless surpluses of energy, food, fresh water, etc. and the global financial system that delivers endless surpluses of capital and credit to be distributed by public authorities and private owners of capital.
The key driver of increasing efficiencies has been scaling up production by concentrating ownership and capacity into a few quasi-monopolies/cartels. In industry after industry, where there were once dozens of companies, there are now only a handful of behemoths with outsized market and political power which they wield to retain their dominance.
For example, where there were dozens of large regional banks in the U.S. not that long ago, relentless consolidation has led to a handful of supergiant too big to fail banks which can take extraordinary risks (and undertake criminal skims) knowing that the federal government will always bail them out and leave the banks’ corporate criminals untouched.
Two of these too big to fail banks recently paid fines in the billions of dollars, yet no one went to prison or even faced criminal charges. This highlights the systemic problem with concentrating capital and power in the hands of the few: too big to fail means corporate wrongdoers have a permanent get out of jail free card while the small-fry white-collar criminal will get a fiver (five-year prison sentence) for skimming a tiny fraction of the billions routinely pillaged by the too big to fail banks.
The net result is a two-tier judicial / law enforcement system: the too big to fail “essential” companies get a free hand and the citizenry get whatever “justice” they can afford, i.e. very little.
This concentration of wealth and power in the hands of a few corporations is of course state-cartel socialism in which the public good has become subservient to the profits of corporate owners and insiders, and the skims paid to the state’s insiders. The state enables and enforces this concentration of private wealth and power in a number of ways: regulatory capture, the polite bribery of lobbying, the revolving door between government and private industry, and so on.
The public good would best be served by competition and transparent markets and regulations, but these are precisely what’s been eliminated by relentless consolidation and the paring down of the economic ecosystem to a handful of too big to fail nodes which work tirelessly to eliminate competition, transparency and meaningful public oversight.
This ruthless pursuit of efficiencies and profits has stripped the economy of redundancies and buffers. Production supply chains have been engineered to function in a narrow envelope of quality, quantity and time. Any disruption quickly leads to shortages, something that became visible when meatpacking plants were closed in the pandemic.
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Supply chains are long and fragile, but this fragility is not visible as long as everything stays within the narrow envelope that’s been optimized. Once the envelope is broken, the supply chain breaks down. Since redundancies and buffers have been stripped away, there are no alternatives available. Shortages mount and the entire system starts breaking down.
Quality has been stripped out as well. When markets become captive to cartels and monopolies, customers have to take what’s available: if it’s poor quality goods and services, tough luck, pal, there are no alternatives. There are only one or two service providers, healthcare insurers, etc., and they all provide the same minimal level of quality and service.
The moral rot in our social, political and economic orders is another source of hidden fragility. I’m constantly told by readers that corruption has been around forever, so therefore nothing has changed, but these readers are indulging in magical nostalgia: things have changed profoundly, and for the worse, as the moral rot has seeped into every nook and cranny of American life, from the top down.
There is no “public good,” there is only a rapacious, obsessive self-interest that claims the mantle of “public good” as a key mechanism of the con.
As I discussed in Everything is Staged, everyone and everything in America is now nothing more than a means to a self-interested end, and so the the entirety of American life is nothing but 100% marketing of various cons designed to enrich the few at the expense of the many.
That America was a better place without endless marketing of Big Pharma meds and colleges hyping their insanely costly “product” (a worthless diploma) has been largely forgotten by those indulging in magical nostalgia.
What few seem to realize is all the supposedly rock-solid permanent foundations of life are nothing more than fragile social constructs based on trust and legitimacy. Once trust and legitimacy have been lost, these constructs melt into the sands of time.
A great many things we take for granted are fragile constructs that could unravel with surprising speed: law enforcement, the courts, elections, the value of our currency– these are all social constructs. Once legitimacy is lost, people abandon these constructs and they melt away.
It’s clear to anyone who isn’t indulging in magical nostalgia that trust in institutions is in a steep decline as the legitimacy of these institutions, public and private, have been eroded by incompetence, corruption, dysfunction and the rapacious self-interest of insiders.
What we’ve gotten very good at is masking the rot and fragility. Masking the rot and fragility is not the same thing as strength or permanence. The nation is about to discover the difference in the years ahead.


investmentwatchblog--2020-10-26--Will The Covid-19 Scare Tactics Cease After The November Elections? US Covid Deaths Are Only 2.6% Pe

Will The Covid-19 Scare Tactics Cease After The November Elections? US Covid Deaths Are Only 2.6% Per Confirmed Cases

The Main Street Media ( MSM ) like CNN , MSNBC , CBS News , etc.
, have been scaring @ @ @ @ @ due to Covid-19 , although the death rate is only 2.6 % per confirmed Covid @ @ @ @ @ number state and local governments have put their economies into lockdown causing extensive damage to @ @ @ @ @ and lower-income households .
Here is the cost to the US economy from government shutdowns @ @ @ @ @ Journal noted , Joe Biden is the government shutdown … and mandated mask candidate .
@ @ @ @ @ announced that he will be hiding in his Delaware bunker until the election .

by confoundedinterest17
The Main Street Media (MSM) like CNN, MSNBC, CBS News, etc., have been scaring Americans with tales of horrors due to Covid-19, although the death rate is only 2.6% per confirmed Covid case.
Of course, number state and local governments have put their economies into lockdown causing extensive damage to the US economy and middle-income and lower-income households. Here is the cost to the US economy from government shutdowns.
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As the Wall Street Journal noted, Joe Biden is the government shutdown … and mandated mask candidate.
News flash! Biden just announced that he will be hiding in his Delaware bunker until the election.


investmentwatchblog--2020-10-26--North American Oil And Gas Bankruptcy Debt Has Hit An All-Time High

The associated debt from North American oil and gas bankruptcies in 2020 has already reached an all-time high and is set to grow even further this year as the wave of Chapter 11 filings continues , a Rystad Energy report projects , analyzing industry data from law firm Haynes and Boone .
Although the combined count of Chapter 11 filings from exploration and production firms ( E & Ps ) and oilfield service ( OFS ) companies this year in North America has so far reached 84 , which is still lower than the historical high of 142 in 2016 @ @ @ @ @ @ @ carrying is much higher , at $ 89 billion so far , some $ 19 billion more than in 2016 .
Under the current price environment , Rystad Energy projects that more bankruptcies will follow this year , adding to the cumulative associated debt and boosting it to a staggering figure of over $ 100 billion .
Assuming a WTI average of around $ 40 per barrel this year and a Henry Hub price of $ 3 per MMcf , we forecast North American E & P bankruptcies to rise to 55 by @ @ @ @ @ @ @ 40 filings at the time of writing , adding about $ 15 billion of debt to the cumulative total .
And that excludes possible associated debt additions from new OFS company bankruptcies , which currently stand at 44 cases .
Under this scenario , associated debt for these 55 E & P Chapter 11 filings this year is projected to reach $ 69 billion .
Should these price levels persist in 2021 , Rystad Energy expects 54 new E & P bankruptcies for the year , carrying an associated debt of about $ @ @ @ @ @ @ @ scenario that assumes a Henry Hub price of $ 2.5 per MMcf , E & P bankruptcies could climb to 61 cases this year and to 68 in 2021 .
In terms of the number of Chapter 11 cases , it is unlikely that we will ever see a repeat of 2016 , when 142 E & P and OFS filings were recorded in North America .
The previous market downturn caused a large number of smaller producers and suppliers severe financial distress , including many that were active in conventional oil & @ @ @ @ @ @ @ shutters for good .
The current wave of bankruptcies is different , and it is hitting a significant number of larger companies in multiple business segments .
In the first nine months of the year , the average Chapter 11 debt per company was at $ 1.05 billion , almost twice as much as the 2017 level of $ 576 million .
Both E & P and OFS bankruptcies are on average demonstrating a record-high debt size so far this year , of $ 1.34 billion for E & Ps and $ 792 @ @ @ @ @ @ @ total full-year Chapter 11 debt for the E & P and OFS groups separately is yet to beat the previous record of $ 56.8 billion for E & Ps in 2016 and $ 35.3 billion in 2017 for OFS .
Most likely both these records will be breached in 2020 after the end of the fourth quarter .
“ While oil and gas market fundamentals have improved significantly now compared with April-May , we argue that the North American bankruptcy wave is not over yet .
A significant number of small- and mid-size @ @ @ @ @ @ @ financial challenges in the current price environment and questions about their ability to service their debt in 2021-2022 remain , ” says Artem Abramov , Head of Shale Research at Rystad Energy .
We conclude that while this year might see the number of Chapter 11 cases peak , it will definitely be the peak in terms of total Chapter 11 debt , with the average debt per case next year expected to decline substantially .
Yet , we argue that the number of filings will still remain above the level recorded in @ @ @ @ @ @ @ as the industry keeps navigating through the challenging market environment .

By Rystad Energy
The associated debt from North American oil and gas bankruptcies in 2020 has already reached an all-time high and is set to grow even further this year as the wave of Chapter 11 filings continues, a Rystad Energy report projects, analyzing industry data from law firm Haynes and Boone. Although the combined count of Chapter 11 filings from exploration and production firms (E&Ps) and oilfield service (OFS) companies this year in North America has so far reached 84, which is still lower than the historical high of 142 in 2016, the associated debt these companies are carrying is much higher, at $89 billion so far, some $19 billion more than in 2016.
Under the current price environment, Rystad Energy projects that more bankruptcies will follow this year, adding to the cumulative associated debt and boosting it to a staggering figure of over $100 billion.
Assuming a WTI average of around $40 per barrel this year and a Henry Hub price of $3 per MMcf, we forecast North American E&P bankruptcies to rise to 55 by the end of the year, from 40 filings at the time of writing, adding about $15 billion of debt to the cumulative total. And that excludes possible associated debt additions from new OFS company bankruptcies, which currently stand at 44 cases.
Under this scenario, associated debt for these 55 E&P Chapter 11 filings this year is projected to reach $69 billion. Should these price levels persist in 2021, Rystad Energy expects 54 new E&P bankruptcies for the year, carrying an associated debt of about $44 billion. In a more pessimistic scenario that assumes a Henry Hub price of $2.5 per MMcf, E&P bankruptcies could climb to 61 cases this year and to 68 in 2021.
In terms of the number of Chapter 11 cases, it is unlikely that we will ever see a repeat of 2016, when 142 E&P and OFS filings were recorded in North America. The previous market downturn caused a large number of smaller producers and suppliers severe financial distress, including many that were active in conventional oil & gas operations who ended up downing their shutters for good.
We are primarily funded by readers. Please subscribe and donate to support us!
The current wave of bankruptcies is different, and it is hitting a significant number of larger companies in multiple business segments. In the first nine months of the year, the average Chapter 11 debt per company was at $1.05 billion, almost twice as much as the 2017 level of $576 million.
Both E&P and OFS bankruptcies are on average demonstrating a record-high debt size so far this year, of $1.34 billion for E&Ps and $792 million for OFS. However, the total full-year Chapter 11 debt for the E&P and OFS groups separately is yet to beat the previous record of $56.8 billion for E&Ps in 2016 and $35.3 billion in 2017 for OFS. Most likely both these records will be breached in 2020 after the end of the fourth quarter.
“While oil and gas market fundamentals have improved significantly now compared with April-May, we argue that the North American bankruptcy wave is not over yet. A significant number of small- and mid-size public and private producers are still experiencing financial challenges in the current price environment and questions about their ability to service their debt in 2021-2022 remain,” says Artem Abramov, Head of Shale Research at Rystad Energy.
We conclude that while this year might see the number of Chapter 11 cases peak, it will definitely be the peak in terms of total Chapter 11 debt, with the average debt per case next year expected to decline substantially. Yet, we argue that the number of filings will still remain above the level recorded in 2019 over the next two years, as the industry keeps navigating through the challenging market environment.
By Rystad Energy


investmentwatchblog--2020-10-26--Nearly Half Of Drivers Find Their Own Cars Confusing, Don’t Even Know How To Pop The Hood

( Natural News ) LONDON — When people dream about winning the lottery , many say they ’ ll buy a fancy car with their winnings .
While it might be a lovely fantasy , a new survey finds most people wouldn ’ t know the first thing about their new ride .
A poll of 2,000 British drivers reveals 44 percent actually find their car “ confusing.
” Half say they don ’ t even know the size of their engine , how to pop the hood or refill their windshield washing fluid .
The OnePoll survey finds three @ @ @ @ @ @ @ how to put air in their tires .
One in four have no clue how to check their tire ’ s tread depth or locate the engine oil dipstick .
When it comes to speed , a mind-boggling 41 percent of drivers don ’ t know the difference between horsepower and miles per hour .
One in 10 also don ’ t have a good grasp on how many miles per gallon their car gets .
All these little technical issues make buying a car an even more stressful process than starting a @ @ @ @ @ @ @ survey commissioned by YesAuto finds .
“ We ’ re not all ‘ petrol heads ’ – but that shouldn ’ t make buying a car harder , or more strenuous , ” YesAuto ’ s U.K. business director Stuart Palombo says in a statement .
“ From the data we have gathered , many people can not confidently navigate a car such as popping the hood or topping up the screen wash .
This shows that motorists skills are lacking which makes the car buying process harder as over half of adults @ @ @ @ @ @ @ a car.
” Drivers would rather focus on their car ’ s color One of the biggest reasons drivers find cars confusing is the overwhelming amount of technical jargon that goes into the maintenance and upkeep .
While it might be too tough to learn , nearly a quarter of respondents say their lack of car knowledge embarrasses them .
Over half the poll ( 55 % ) wished buying a new car was easier .
Many add they don ’ t know what questions to ask or what things should cost .
@ @ @ @ @ @ @ worry more about the color of their new ride than what kind of tires it uses .
Drivers also report focusing more on the size of the trunk than simple mechanical features .
Overall , the poll finds drivers usually spend about two weeks before settling on a vehicle purchase .

From Natural News
(Natural News) LONDON — When people dream about winning the lottery, many say they’ll buy a fancy car with their winnings. While it might be a lovely fantasy, a new survey finds most people wouldn’t know the first thing about their new ride. A poll of 2,000 British drivers reveals 44 percent actually find their car “confusing.” Half say they don’t even know the size of their engine, how to pop the hood or refill their windshield washing fluid.
(Article by Chris Melore republished from StudyFinds.org)
The OnePoll survey finds three in 10 motorists are also unaware of how to put air in their tires. One in four have no clue how to check their tire’s tread depth or locate the engine oil dipstick. When it comes to speed, a mind-boggling 41 percent of drivers don’t know the difference between horsepower and miles per hour. One in 10 also don’t have a good grasp on how many miles per gallon their car gets.
All these little technical issues make buying a car an even more stressful process than starting a new job and taking tests, the survey commissioned by YesAuto finds.
“We’re not all ‘petrol heads’ – but that shouldn’t make buying a car harder, or more strenuous,” YesAuto’s U.K. business director Stuart Palombo says in a statement.
We are primarily funded by readers. Please subscribe and donate to support us!
“From the data we have gathered, many people cannot confidently navigate a car such as popping the hood or topping up the screen wash. This shows that motorists skills are lacking which makes the car buying process harder as over half of adults have to ask for help when purchasing a car.”
Drivers would rather focus on their car’s color
One of the biggest reasons drivers find cars confusing is the overwhelming amount of technical jargon that goes into the maintenance and upkeep. While it might be too tough to learn, nearly a quarter of respondents say their lack of car knowledge embarrasses them.
Over half the poll (55%) wished buying a new car was easier. Many add they don’t know what questions to ask or what things should cost. To this point, drivers say they worry more about the color of their new ride than what kind of tires it uses. Drivers also report focusing more on the size of the trunk than simple mechanical features.
Overall, the poll finds drivers usually spend about two weeks before settling on a vehicle purchase.
Read more at: StudyFinds.org


investmentwatchblog--2020-10-26--David Morgan: Is A Global Takeover Underway?

For decades , war and the threat of war has enriched the technocratic elite and kept the population going along @ @ @ @ @ and physical attacks have been repeatedly used to foist ever more draconian restrictions upon us @ @ @ @ @ The Patriot Act , rammed through in the aftermath of 9/11 , is just one @ @ @ @ @ is a world-renown precious metals aficionado .
He is the creator of TheMorganReport.com , a @ @ @ @ @ news , overall financial health of the global economy , currency problems and the key @ @ @ @ @ metals .
A dynamic , much-in-demand speaker all over the globe , David ’ s @ @ @ @ @ a prolific author , having penned Get the Skinny on Silver Investing , The Silver @ @ @ @ @ , Second Chance : How to Make and Keep Big Money from the Coming Gold @ @ @ @

The Morgan Report, Released on 10/23/20
For decades, war and the threat of war has enriched the technocratic elite and kept the population going along with their agenda. War and physical attacks have been repeatedly used to foist ever more draconian restrictions upon us and remove our liberties. The Patriot Act, rammed through in the aftermath of 9/11, is just one egregious example.
We are primarily funded by readers. Please subscribe and donate to support us!
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David’s educational mission also makes him a prolific author, having penned Get the Skinny on Silver Investing, The Silver Manifesto and, most recently, Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock.


investmentwatchblog--2020-10-26--Mannarino: The Economic Collapse Is Accelerating Rapidly, And The Worst Is Yet To Come

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

TradersChoice.net, Released on 10/23/20
We are primarily funded by readers. Please subscribe and donate to support us!
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading. Gregory currently hosts a business day “MarketReport” on YouTube. You can find out more about what he offers at his website Traderschoice.net.


investmentwatchblog--2020-10-26--Big Profits Are No Longer The Top Priority For Oil Investors

For years , the oil industry drew in investors with sizable—and regular—returns .
Even when oil prices fell , Big Oil found ways to keep paying dividends , even if it had to cut them , which happened only in extreme cases .
Now , it is becoming increasingly clear that dividends—and profits—are no longer king .
Today ’ s investors want other things from their oil investments .
Returns are not what they used to be To be perfectly fair , returns are still important .
They are just not the only reason for an investor to buy into @ @ @ @ @ @ @ The sustainability of an oil company is garnering growing attention , too .
But more on that later .
Even if returns were the one and only priority of investors today , they would be unhappy .
Back in 2006 , the average return on capital employed in upstream activities among Big Oil majors stood at more than 27 percent , a recent study by Boston Capital Group revealed .
In 2019 , that average was no more than 3.5 percent .
That ’ s before the pandemic pummeled oil prices and forced @ @ @ @ @ @ @ ’ s returns , the study showed , had become much less resilient to price movements .
The difference is too stark to be brushed off as coincidental .
Indeed , the authors of the study note that one marked change in the industry during the period between 2006 and 2019 was a shift in companies ’ upstream asset portfolios .
The myths about shale and deepwater Until about 2006 , BCG noted in its report , up to 80 percent of Big Oil ’ s portfolio was made up of conventional oil @ @ @ @ @ @ @ they have gone into things such as deepwater and shale .
And while investors have been hearing for years how production costs in both deepwater and shale are going down , this has not been the case for all deepwater fields or all shale plays .
Unconventional and deepwater exploration and production continue , overall , to be a lot costlier than shallow water and conventional oil wells .
For deepwater , this is because of purely physical challenges such as , as the name suggests , depth .
For shale , it @ @ @ @ @ @ @ fracking .
A focus has been put on the quick turnaround time of fracked wells : they take a lot less than conventional wells to start bringing in returns on the investment employed .
But unlike conventional wells , they have much shorter life spans .
In short , the promise of unconventional and deepwater oil has , based on the rates of investment return , fallen well short of promises .
Oil investors have been growing unhappy with Big Oil for a while now , ever since the environmental , sustainable , @ @ @ @ @ @ @ A growing number of people looking for a company to buy into now want to know that this company ’ s business is environmentally responsible .
That ’ s not just out of altruistic motives .
Investors are being told that climate change constitutes an existential threat for many companies , and the more environmentally responsible a company is , the greater chance of survival it has .
Obviously , oil companies are in a delicate place , to put it mildly , when it comes to environmental responsibility .
But it is @ @ @ @ @ @ @ may imagine .
Global demand for energy is growing , and it will continue growing for the observable future despite the pandemic .
And this means that oil and gas will continue to be needed .
“ On one hand , the energy transition is real and here to stay , ” Bob Maguire , managing director of Carlyle Group , told the Energy Intelligence Forum as quoted by Argus Media .
“ On the other hand , there are 280mn cars on the road in the US today , 279mn of them @ @ @ @ @ @ @ lifespan of a vehicle is 12 years.
” Oil and gas will continue to be needed , but they would need to be produced differently to satisfy investors ’ changing sentiment towards the industry .
According to Boston Capital Group ’ s study , 65 percent of oil investors want companies to prioritize ESG factors over profits , even if this has a negative on said profits .
As much as 83 percent say Big Oil should invest in low-carbon alternatives to their core business .
An even greater majority of 86 percent @ @ @ @ @ @ @ energy technology would make them more attractive for investors .
That should provide a pretty clear picture of where Big Oil needs to go .
The way forward is not all green Some would argue that Big Oil is already going in that direction , with the European supermajors leading the way with renewable energy investment commitments worth tens of billions .
Others would counter that they are still only making promises but little actual work on changing their business .
Indeed , whatever Big Oil ’ s green ambitions , they would @ @ @ @ @ @ @ of extracting fossil fuels , too .
They need the revenues from this core business to fund their renewable energy ambitions .
But they could do this differently , too .
The BCG study suggests reinforcing their focus on lower-cost production , taking steps to reduce the capital intensity , and pay more attention to risk mitigation .
All that in addition to the clearly unavoidable diversification into alternative energy that should make them more resilient to oil price shocks in the future .

By Irina Slav
For years, the oil industry drew in investors with sizable—and regular—returns. Even when oil prices fell, Big Oil found ways to keep paying dividends, even if it had to cut them, which happened only in extreme cases. Now, it is becoming increasingly clear that dividends—and profits—are no longer king. Today’s investors want other things from their oil investments.
Returns are not what they used to be
To be perfectly fair, returns are still important. They are just not the only reason for an investor to buy into or stay with an oil company. The sustainability of an oil company is garnering growing attention, too. But more on that later. Even if returns were the one and only priority of investors today, they would be unhappy.
Back in 2006, the average return on capital employed in upstream activities among Big Oil majors stood at more than 27 percent, a recent study by Boston Capital Group revealed. In 2019, that average was no more than 3.5 percent. That’s before the pandemic pummeled oil prices and forced severe spending cuts. The oil industry’s returns, the study showed, had become much less resilient to price movements.
The difference is too stark to be brushed off as coincidental. Indeed, the authors of the study note that one marked change in the industry during the period between 2006 and 2019 was a shift in companies’ upstream asset portfolios.
The myths about shale and deepwater
Until about 2006, BCG noted in its report, up to 80 percent of Big Oil’s portfolio was made up of conventional oil and gas assets. Since then, they have gone into things such as deepwater and shale. And while investors have been hearing for years how production costs in both deepwater and shale are going down, this has not been the case for all deepwater fields or all shale plays.
Unconventional and deepwater exploration and production continue, overall, to be a lot costlier than shallow water and conventional oil wells. For deepwater, this is because of purely physical challenges such as, as the name suggests, depth. For shale, it is because of the capital intensity of fracking.
A focus has been put on the quick turnaround time of fracked wells: they take a lot less than conventional wells to start bringing in returns on the investment employed. But unlike conventional wells, they have much shorter life spans. In short, the promise of unconventional and deepwater oil has, based on the rates of investment return, fallen well short of promises.
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The ESG path
Oil investors have been growing unhappy with Big Oil for a while now, ever since the environmental, sustainable, and social governance trend gathered speed. A growing number of people looking for a company to buy into now want to know that this company’s business is environmentally responsible. That’s not just out of altruistic motives. Investors are being told that climate change constitutes an existential threat for many companies, and the more environmentally responsible a company is, the greater chance of survival it has.
Obviously, oil companies are in a delicate place, to put it mildly, when it comes to environmental responsibility. But it is not as delicate a spot as many may imagine. Global demand for energy is growing, and it will continue growing for the observable future despite the pandemic. And this means that oil and gas will continue to be needed.
“On one hand, the energy transition is real and here to stay,” Bob Maguire, managing director of Carlyle Group, told the Energy Intelligence Forum as quoted by Argus Media. “On the other hand, there are 280mn cars on the road in the US today, 279mn of them running on oil, and the average lifespan of a vehicle is 12 years.”
Oil and gas will continue to be needed, but they would need to be produced differently to satisfy investors’ changing sentiment towards the industry. According to Boston Capital Group’s study, 65 percent of oil investors want companies to prioritize ESG factors over profits, even if this has a negative on said profits.
As much as 83 percent say Big Oil should invest in low-carbon alternatives to their core business. An even greater majority of 86 percent believe investments by oil companies in clean energy technology would make them more attractive for investors. That should provide a pretty clear picture of where Big Oil needs to go.
The way forward is not all green
Some would argue that Big Oil is already going in that direction, with the European supermajors leading the way with renewable energy investment commitments worth tens of billions. Others would counter that they are still only making promises but little actual work on changing their business.
Indeed, whatever Big Oil’s green ambitions, they would need to stick with their core business of extracting fossil fuels, too. They need the revenues from this core business to fund their renewable energy ambitions. But they could do this differently, too. The BCG study suggests reinforcing their focus on lower-cost production, taking steps to reduce the capital intensity, and pay more attention to risk mitigation. All that in addition to the clearly unavoidable diversification into alternative energy that should make them more resilient to oil price shocks in the future.
By Irina Slav for Oilprice.com


investmentwatchblog--2020-10-26--PG&E Cutting Power to CA

PG&E Cutting Power to CA

BREAKING : PG & E begins cutting power to over 360,000 Californian customers to prevent fires

BREAKING: PG&E begins cutting power to over 360,000 Californian customers to prevent fires
— SV News 🚨 (@SVNewsAlerts) October 25, 2020


investmentwatchblog--2020-10-26--JOE BIDEN SAYS HE IS GOING TO BEAT JOE BIDEN! LOL

So in an interview with CNBC this past Friday , May 22th 2020 .
Biden says with utmost certainty , @ @ @ @ @ Biden.. LOLOL I guess his biggest enemy is himself !
🤣 The enemy within !
@ @ @ @ @ in the nursing home , keep him away from our wives and daughters , creepy @ @

So in an interview with CNBC this past Friday, May 22th 2020. Biden says with utmost certainty, that he WILL beat Joe Biden.. LOLOL I guess his biggest enemy is himself! 🤣 The enemy within! Lol somebody put him back in the nursing home, keep him away from our wives and daughters, creepy Uncle Joe
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investmentwatchblog--2020-10-26--Watch – Nigeria in total anarchy – Looting off the charts – Civilization breaking down

Food , medicine , motorcycles , furniture… this looks to be about a 15-20 minute loop Videos are from yesterday @ @ @ @ @ give the date : 10-24-2020

Food, medicine, motorcycles, furniture…
this looks to be about a 15-20 minute loop
Videos are from yesterday, I heard one guy give the date: 10-24-2020
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h/t AggregateThreat


investmentwatchblog--2020-10-26--Walgreens to close seventh San Francisco store due to looting without consequences

In 2014 California voters approved Prop 47 which downgraded certain felonies to misdemeanors .
Significantly , the new measure mandated that any theft below $ 950 would be a misdemeanor .
Last year they elected the radical district attorney Chesa Boudin .
Chesa is the son of Weather Underground terrorists Kathy Boudin and David Gilbert who were arrested for their role as getaway car drivers in the Brink ’ s robbery of 1981 in Rockland County , New York .
After Chesa ’ s parents were incarcerated ( when he was 14 months old ) fellow Weather Underground terrorists Bill @ @ @ @ @ @ @ One of Chesa ’ s goals was to “ tackle racial bias in the criminal justice system and overhaul the bail system.
” Thanks to progressive reforms and elected officials , San Francisco is losing ANOTHER Walgreens due to there being no consequences for criminal actions .
MSN reports that after months of seeing its shelves repeatedly cleaned out by brazen shoplifters , the Walgreens at Van Ness and Eddy in San Francisco is getting ready to close .
This is the seventh Walgreens to close in the city due to rampant looting @ @ @ @ @ @ @ “ All of us knew it was coming .
Whenever we go in there , they always have problems with shoplifters , ” said longtime customer Sebastian Luke , who lives a block away and is a frequent customer who has been posting photos of the thefts for months .
The other day , Luke photographed a man casually clearing a couple of shelves and placing the goods into a backpack .
“ I feel sorry for the clerks , they are regularly being verbally assaulted , ” Luke said .
“ The @ @ @ @ @ @ @ do .
They say Walgreens ’ policy is to not get involved .
They don ’ t want anyone getting injured or getting sued , so the guys just keep coming in and taking whatever they want.
” A recent trip to the store revealed aisle after aisle of empty or near-empty shelves .
Beauty supplies appear to be a favored target.
” Read the whole story here .
Why do the thefts continue ?
“ Under California law , theft of less than $ 950 in goods is treated as a nonviolent @ @ @ @ @ @ @ theft is six months in county jail .
But most of the time the suspect is released with conditions attached.
” Great job , San Francisco .
You ’ ve elected demorats and voted for progressive policies that allow the homeless and criminals to destroy your local businesses .
Way to improve public safety !

by DCG
Demorats never learn.
In 2014 California voters approved Prop 47 which downgraded certain felonies to misdemeanors. Significantly, the new measure mandated that any theft below $950 would be a misdemeanor.
Last year they elected the radical district attorney Chesa Boudin. Chesa is the son of Weather Underground terrorists Kathy Boudin and David Gilbert who were arrested for their role as getaway car drivers in the Brink’s robbery of 1981 in Rockland County, New York. After Chesa’s parents were incarcerated (when he was 14 months old) fellow Weather Underground terrorists Bill Ayers and Bernardine Dorhn adopted Chesa.
One of Chesa’s goals was to “tackle racial bias in the criminal justice system and overhaul the bail system.”
Thanks to progressive reforms and elected officials, San Francisco is losing ANOTHER Walgreens due to there being no consequences for criminal actions.
MSN reports that after months of seeing its shelves repeatedly cleaned out by brazen shoplifters, the Walgreens at Van Ness and Eddy in San Francisco is getting ready to close.
This is the seventh Walgreens to close in the city due to rampant looting.
More from the MSN story:
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“All of us knew it was coming. Whenever we go in there, they always have problems with shoplifters,” said longtime customer Sebastian Luke, who lives a block away and is a frequent customer who has been posting photos of the thefts for months. The other day, Luke photographed a man casually clearing a couple of shelves and placing the goods into a backpack.
“I feel sorry for the clerks, they are regularly being verbally assaulted,” Luke said. “The clerks say there is nothing they can do. They say Walgreens’ policy is to not get involved. They don’t want anyone getting injured or getting sued, so the guys just keep coming in and taking whatever they want.”
A recent trip to the store revealed aisle after aisle of empty or near-empty shelves. Beauty supplies appear to be a favored target.”
Read the whole story here.
Why do the thefts continue?
“Under California law, theft of less than $950 in goods is treated as a nonviolent misdemeanor. The maximum sentence for petty theft is six months in county jail. But most of the time the suspect is released with conditions attached.”
Great job, San Francisco. You’ve elected demorats and voted for progressive policies that allow the homeless and criminals to destroy your local businesses. Way to improve public safety!
DCG


investmentwatchblog--2020-10-26--This Is The Michael Dukakis Election Of 2020

I ’ ve been calling this the Michael Dukakis election of 2020 for months now .
All through the summer with Biden up by double digits , just like Dukakis .
That was before Rudy Guliani announced he had the infamous Hunter Biden laptop with a treasure trove of emails implicating Biden in a massive pay-for-play conspiracy and identifying Biden as “ the Big Guy ” - a partner in business with the Chinese Communist Party .
That was before Hunter Biden ’ s former business partner Tony Bobulinski announced he can prove Biden had a piece of all the @ @ @ @ @ @ @ meeting with the FBI .
That was before President Trump dominated Joe Biden in Thursday night ’ s presidential debate .
That was before Joe Biden announced in that debate that he plans to destroy the oil industry .
Biden just lost every oil and energy state ( see Pennsylvania ) and the votes of millions of oil industry employees .
Back to Michael Dukakis .
Remember him ?
In 1988 he was the Democrat presidential candidate .
He led George H.W .
Bush by 17 points over the summer .
Seventeen .
@ @ @ @ @ @ @ significant .
On Election Day 1988 , Republican Bush destroyed Dukakis .
Bush won by 7 points .
That ’ s a 24- point turnaround .
More importantly , Bush beat Dukakis by 426-111 in an electoral landslide .
Bush won 40 states .
Think about that for a moment .
Down by 17 .
Then winning just under a 4 to 1 electoral landslide .
That ’ s pretty close to what I predict is about to happen in this 2020 Trump-Biden race .
Keep in mind as I make this prediction @ @ @ @ @ @ @ big lead for Biden .
Still , Politico reports a massive Democrat early-vote lead in swing states .
Still , Peggy Noonan writes in the Wall Street Journal , “ Biden has a formidable lead… ” Still , the Biden team is measuring the curtains in the White House- just like Hillary and Dukakis did .
The Wall Street Journal reports “ Biden Team Prepares for Potentially Bumpy Transition.
” The DC Swamp “ experts ” clearly believe it ’ s over .
Funny how history doesn ’ t just repeat itself , @ @ @ @ @ @ @ Dukakis all over again .
And of course , Hillary in 2016 .
How quickly they forget .
The NBC/Wall Street Journal poll showed Trump losing by 17 only two weeks ago .
Most other polls showed double digit leads .
As Peggy Noonan puts it , “ formidable.
” Except there ’ s a fly in the ointment .
Just like four years ago , the experts have it all wrong .
History proves whichever candidate leads with enthusiasm , wins .
Trump holds two rallies a day with tens of thousands @ @ @ @ @ @ @ to see their hero .
Trump car parades and boat parades feature thousands of cars and boats .
In Miami in consecutive weeks , Trump car parades brought out 35,000 and 75,000 cars .
These are fans who would walk on broken glass to fight for Trump .
Meanwhile Biden and Kamala Harris keep showing up to rallies with 10 people , covered in masks , in socially distant circles .
How depressing .
Biden ’ s car parade in Miami attracted 15 cars , the day after Trump attracted 35,000 cars .
@ @ @ @ @ @ @ of Hillary four years ago .
Except much worse .
Much less enthusiasm .
Much more depressing .
I didn ’ t think that was possible .
Yet the DC Swamp media is clueless .
They don ’ t see it coming .
They have no idea .
What ’ s happening ?
It ’ s what I named in 2016 “ the Whisper Vote ” except this time squared , times 1000 .
In 2016 many Trump voters were afraid to say out loud they voted for Trump .
They were scared @ @ @ @ @ @ @ a “ racist.
” Fast forward to today .
It ’ s been four years of vicious media assaults on Trump .
Four years of impeachment attempts .
Four years of calling Trump a “ Nazi ” “ Hitler ” and “ KKK.
” Four years of liberals on social media begging for Trump ’ s death or assassination .
And lately , it ’ s been riots , looting , burning , entire downtown business districts held hostage , attacks on police and Trump supporters , and surging murder and violent crime @ @ @ @ @ @ @ by Twitter , Facebook and the rest of Silicon Valley .
And Trump supporters ostracized , losing their jobs and careers .
And we all know liberals have plans in place to burn American cities to the ground if Trump wins .
They ’ ve made it clear the revolution begins the day after the election .
So , you think in 2020 , anyone , anywhere , wants to tell a stranger that they ’ re voting for Trump ?
This is so far beyond 2016 it ’ s laughable .
This @ @ @ @ @ @ @ The polls are dead wrong .
This is a revolution alright .
The entire middle class and “ Silent Majority ” is voting for Trump .
In private , in secret , in that voting booth .
Yes , suburban mothers tell pollsters they ’ re voting for Biden .
Once in that voting booth , once the curtain closes , they ’ re voting overwhelmingly for Trump .
The polls no longer matter .
The voters don ’ t talk to pollsters .
They whisper .
An electoral landslide is coming for @ @ @ @ @ @ @ Dukakis election all over again .
With a touch of Hillary .

by Wayne Root
I’ve been calling this the Michael Dukakis election of 2020 for months now. All through the summer with Biden up by double digits, just like Dukakis.
That was before Rudy Guliani announced he had the infamous Hunter Biden laptop with a treasure trove of emails implicating Biden in a massive pay-for-play conspiracy and identifying Biden as “the Big Guy”- a partner in business with the Chinese Communist Party.
That was before Hunter Biden’s former business partner Tony Bobulinski announced he can prove Biden had a piece of all the dirty deals. He’s now meeting with the FBI.
That was before President Trump dominated Joe Biden in Thursday night’s presidential debate.
That was before Joe Biden announced in that debate that he plans to destroy the oil industry. Biden just lost every oil and energy state (see Pennsylvania) and the votes of millions of oil industry employees.
Back to Michael Dukakis. Remember him? In 1988 he was the Democrat presidential candidate. He led George H.W. Bush by 17 points over the summer. Seventeen. Remember that number. It’s significant.
On Election Day 1988, Republican Bush destroyed Dukakis. Bush won by 7 points. That’s a 24- point turnaround. More importantly, Bush beat Dukakis by 426-111 in an electoral landslide. Bush won 40 states.
Think about that for a moment. Down by 17. Then winning just under a 4 to 1 electoral landslide.
That’s pretty close to what I predict is about to happen in this 2020 Trump-Biden race.
Keep in mind as I make this prediction, still almost every poll shows a big lead for Biden. Still, Politico reports a massive Democrat early-vote lead in swing states. Still, Peggy Noonan writes in the Wall Street Journal, “Biden has a formidable lead…” Still, the Biden team is measuring the curtains in the White House- just like Hillary and Dukakis did. The Wall Street Journal reports “Biden Team Prepares for Potentially Bumpy Transition.” The DC Swamp “experts” clearly believe it’s over.
Funny how history doesn’t just repeat itself, it rhymes.
Folks, this is Dukakis all over again. And of course, Hillary in 2016. How quickly they forget.
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The NBC/Wall Street Journal poll showed Trump losing by 17 only two weeks ago. Most other polls showed double digit leads. As Peggy Noonan puts it, “formidable.”
Except there’s a fly in the ointment. Just like four years ago, the experts have it all wrong. History proves whichever candidate leads with enthusiasm, wins. Trump holds two rallies a day with tens of thousands attending. Waiting all night in line to see their hero. Trump car parades and boat parades feature thousands of cars and boats. In Miami in consecutive weeks, Trump car parades brought out 35,000 and 75,000 cars. These are fans who would walk on broken glass to fight for Trump.
Meanwhile Biden and Kamala Harris keep showing up to rallies with 10 people, covered in masks, in socially distant circles. How depressing. Biden’s car parade in Miami attracted 15 cars, the day after Trump attracted 35,000 cars.
Folks, this is a carbon copy of Hillary four years ago. Except much worse. Much less enthusiasm. Much more depressing. I didn’t think that was possible.
Yet the DC Swamp media is clueless. They don’t see it coming. They have no idea.
What’s happening? It’s what I named in 2016 “the Whisper Vote” except this time squared, times 1000. In 2016 many Trump voters were afraid to say out loud they voted for Trump. They were scared of the stigma, of being called a “racist.”
Fast forward to today. It’s been four years of vicious media assaults on Trump. Four years of impeachment attempts. Four years of calling Trump a “Nazi” “Hitler” and “KKK.” Four years of liberals on social media begging for Trump’s death or assassination. And lately, it’s been riots, looting, burning, entire downtown business districts held hostage, attacks on police and Trump supporters, and surging murder and violent crime rates. Add in censorship and banning by Twitter, Facebook and the rest of Silicon Valley. And Trump supporters ostracized, losing their jobs and careers.
And we all know liberals have plans in place to burn American cities to the ground if Trump wins. They’ve made it clear the revolution begins the day after the election.
So, you think in 2020, anyone, anywhere, wants to tell a stranger that they’re voting for Trump? This is so far beyond 2016 it’s laughable. This is pre-Civil War.
Trust me. The polls are dead wrong. This is a revolution alright. The entire middle class and “Silent Majority” is voting for Trump. In private, in secret, in that voting booth. Yes, suburban mothers tell pollsters they’re voting for Biden. Once in that voting booth, once the curtain closes, they’re voting overwhelmingly for Trump.
The polls no longer matter. The voters don’t talk to pollsters. They whisper.
An electoral landslide is coming for Trump. It’s the Michael Dukakis election all over again. With a touch of Hillary.


investmentwatchblog--2020-10-26--CYBER ATTACKS – Widespread cyber attack reportedly underway against France, targeting government sit

CYBER ATTACKS – Widespread cyber attack reportedly underway against France, targeting government sites, media and banks

`` Fingers are pointed at Turkey , Pakistan or Arab countries , which have been in deep rivalry with France @ @ @ @ @ for the republication of the Mohammed cartoons . ''
( Source Gala Daily ) pic.twitter.com/L2L5J6KpFR

🇨🇵 MASSIVE CYBER-ATTACK AGAISNT FRANCE
"Fingers are pointed at Turkey, Pakistan or Arab countries, which have been in deep rivalry with France since Macron announced his support for the republication of the Mohammed cartoons." (Source Gala Daily) pic.twitter.com/L2L5J6KpFR
— 𝚃𝚑𝚎 𝚁𝚎𝚊𝚕𝚒𝚝𝚢 𝚁𝚎𝚙𝚘𝚛𝚝 (@WeAreTRR) October 25, 2020


investmentwatchblog--2020-10-26--Has Covid killed off the flu? Influenza cases nosedive by 98% across the globe

• Many feared ‘ twin-demic ’ of flu , which kills thousands , and Covid-19 this winter • Thirty million @ @ @ @ @ more than normal – now eligible for the flu jab • ‘ Surveillance ’ data @ @ @ @ @ flu cases plummeted globally It was feared by many to be the perfect winter storm @ @ @ @ @ would push our health service over the edge : the ‘ twin-demic ’ of flu @ @ @ @ @ Britons every year , and a second deadly wave of Covid-19 .
Such was the @ @ @ @ @ out the biggest flu vaccination programme in British history .
Thirty million people – 20 @ @ @ @ @ , and now including all over-50s – are eligible for this year ’ s jab @ @ @ @ @ vaccine is already the highest it has ever been in the over-65s and young children @ @ @ @ @ reports .
There ’ s just one curious problem : flu , it seems , @ @ @ @ @

Many feared ‘twin-demic’ of flu, which kills thousands, and Covid-19 this winter
Thirty million people – 20 per cent more than normal – now eligible for the flu jab
‘Surveillance’ data collected by WHO shows how flu cases plummeted globally
It was feared by many to be the perfect winter storm, a nightmare situation that would push our health service over the edge: the ‘twin-demic’ of flu, which kills about 10,000 Britons every year, and a second deadly wave of Covid-19.
Such was the concern that the Government rolled out the biggest flu vaccination programme in British history.
Thirty million people – 20 per cent more than normal, and now including all over-50s – are eligible for this year’s jab.
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Take up of the vaccine is already the highest it has ever been in the over-65s and young children, according to the latest reports.
There’s just one curious problem: flu, it seems, has all but vanished.
www.dailymail.co.uk/health/article-8875201/Has-Covid-killed-flu.html?ito=social-twitter_mailonline


investmentwatchblog--2020-10-26--Bigger than Joe Biden! John Kerry admits on tape Obama and Biden tried to rid the Ukrainian prosecut

Bigger than Joe Biden! John Kerry admits on tape Obama and Biden tried to rid the Ukrainian prosecutor

BOOM !
!
– Ukraine corruption John Kerry : `` All of us were trying to get rid of that @ @ @ @ @ Biden and Obama '' also OBAMA was in it

BOOM !! – Ukraine corruption
John Kerry: "All of us were trying to get rid of that Prosecutor: me, Joe Biden and Obama"
also OBAMA was in it
Retweet! pic.twitter.com/gqELAZRWFl
— Greg Rubini (@GregRubini) October 25, 2020


investmentwatchblog--2020-10-25--Elizabeth Harrington Repeatedly Stomps Christianne Ammanpour With The Truth … ON CNN.

Notice how when the Tranny gets stomped on her own question , she says it ’ s changing the subject @ @ @ @ @ report she ’ s citing ?
It explicitly denies the story that it ’ s @ @ @ @ @ one more point : The Russians are far more credible than our mainstream media , @ @ @ @ @ of the Chinese Communist Party and the Jews .

Notice how when the Tranny gets stomped on her own question, she says it’s changing the subject.
Oh and that IC report she’s citing? It explicitly denies the story that it’s russian in origin.
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And one more point: The Russians are far more credible than our mainstream media, who are wholly owned subsidiaries of the Chinese Communist Party and the Jews.
h/t mendelbot


investmentwatchblog--2020-10-25--If Joe Biden isn’t “the Big Guy,” why won’t he say so?

If Joe Biden isn ’ t `` the Big Guy , ” why won ’ t he say so ?
@

If Joe Biden isn’t "the Big Guy,” why won’t he say so? pic.twitter.com/rqPKnpLyM2
— Rep. Jim Jordan (@Jim_Jordan) October 25, 2020


investmentwatchblog--2020-10-25--Are high street banks guilty of ‘serious organised crime’ against customers, and who was sitting on

Are high street banks guilty of ‘serious organised crime’ against customers, and who was sitting on the evidence?

Are high street banks guilty of 'serious organised crime ' against customers , and who was sitting on the evidence @ @ @ @

Are high street banks guilty of 'serious organised crime' against customers, and who was sitting on the evidence? 😳 t.co/72rKbamO9i pic.twitter.com/Z9XFcou6UZ
— A. Otero (@JimaOteroA) October 24, 2020


investmentwatchblog--2020-10-25--Microsoft-Backed Databricks Plans IPO Next Year

Databricks is preparing an initial public offering that could come in the first half of 2021 .
Discussions are at @ @ @ @ @ company has held talks with banks but has yet to hire underwriters .
San Francisco-based @ @ @ @ @ public at a price significantly higher than the valuation in its last funding round ( @ @ @ @ @ has raised about $ 900 million from backers including Andreessen Horowitz , Coatue Management , @ @ @ @ @ Global Management , BlackRock Inc. and T. Rowe Price Group Inc. Its backers also include @ @ @ @ @ , In-Q-Tel and Data Collective .

www.bloomberg.com/news/articles/2020-10-24/microsoft-backed-databricks-is-said-to-plan-2021-stock-listing
Databricks is preparing an initial public offering that could come in the first half of 2021.
Discussions are at an early stage and the company has held talks with banks but has yet to hire underwriters.
We are primarily funded by readers. Please subscribe and donate to support us!
San Francisco-based Databricks is aiming to go public at a price significantly higher than the valuation in its last funding round ($6.2B).
Databricks has raised about $900 million from backers including Andreessen Horowitz, Coatue Management, New Enterprise Associates, Tiger Global Management, BlackRock Inc. and T. Rowe Price Group Inc. Its backers also include Battery Ventures, Sinewave Ventures, In-Q-Tel and Data Collective.


investmentwatchblog--2020-10-25--24 months w/o paying your mortgage!

24 months w/o paying your mortgage!

Feasible depending on next stimulus bill extending forbearance an additional 12 months past 12 from CARES Act that expires end @ @ @ @ @ of foreclosure moratorium .
Current stimulus package has both of those provisions within .
24 @ @ @ @ @ !
t.co/HpFGu0C125

Feasible depending on next stimulus bill extending forbearance an additional 12 months past 12 from CARES Act that expires end of March PLUS same extension of foreclosure moratorium. Current stimulus package has both of those provisions within. 24 months w/o paying your mortgage! t.co/HpFGu0C125
— Danielle DiMartino Booth (@DiMartinoBooth) October 25, 2020


investmentwatchblog--2020-10-25--A double-dip recession and currency crisis looming?

The Eurozone slowdown is leading to a double-dip recession. pic.twitter.com/cyjYer5V7t — Daniel Lacalle (@dlacalle_IA) October 25, 2020
The clouds of a lockdown are coming pic.twitter.com/ZTg80iB3O4 — Alessio Urban (@AlessioUrban) October 25, 2020
Despite huge uncertainty facing global economy, yields on riskier corporate debt are back down to 5% level seen at the beginning of 2020. t.co/tB8IBr6oTx pic.twitter.com/BPaTncv9fw — Adam Tooze (@adam_tooze) October 24, 2020
7dma new US covid cases vs. nasdaq pic.twitter.com/Qg58tKZP8r — Alastair Williamson (@StockBoardAsset) October 24, 2020


investmentwatchblog--2020-10-25--Getting hard to justify lofty valuations? Zoom is almost 2x more expensive than any other stock in t

Getting hard to justify lofty valuations? Zoom is almost 2x more expensive than any other stock in the industry. 107x sales. 200x next year’s earnings.

getting hard to justify lofty valuations? pic.twitter.com/b2yHqijyRx — Alastair Williamson (@StockBoardAsset) October 17, 2020
Zoom is almost 2x more expensive than any other stock in the industry. 107x sales.
200x next year’s earnings. Discuss. pic.twitter.com/LIuUodYqmh — Otavio (Tavi) Costa (@TaviCosta) October 24, 2020
Passive & index funds are taking up an increasing share of equity markets. This growing concentration is killing diversification &creating a dangerous reflexivity of high correlations & volatility. This capital flow poses a huge risk to a fragile market with diminishing liquidity pic.twitter.com/BqdqhfAp6o — Stretching Spreads (@FadingRallies) October 21, 2020
7. Proportion of stocks beating the S&P500 over the a 12-month window…. clearly this is a lop-sided market. h/t @KailashConcepts $SPX $SPY pic.twitter.com/v5KPXzwUlP — Callum Thomas (@Callum_Thomas) October 24, 2020
Dow Jones : Seek and u will find .
THE good news is ..that the MOTHER of all DIAMONDS can break either way THE bad news is… that we will retest or close to the march lows over the coming months.
Don't be alarmed but be prepared. pic.twitter.com/GkO73VkRid — The Great Martis (@great_martis) October 23, 2020


investmentwatchblog--2020-10-25--Max Keiser on “the parabolic spike in plunder” … David Morgan: Silver will see the explosion you’ve

Doug Casey : The great real estate bubble is over … Martin Armstrong : The economy isn ’ t going @ @ @ @ @ Keith Neumeyer : If gold doubles silver quadruples … Peter Grandich : I ’ m @ @ @ @ @ mining stocks … Max Keiser on “ the parabolic spike in plunder ” … David @ @ @ @ @ the explosion you ’ ve been waiting for …

BY JOHN RUBINO
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Doug Casey: The great real estate bubble is over … Martin Armstrong: The economy isn’t going to bottom till 2022 … Keith Neumeyer: If gold doubles silver quadruples … Peter Grandich: I’m 100% in on gold mining stocks … Max Keiser on “the parabolic spike in plunder” … David Morgan: Silver will see the explosion you’ve been waiting for …