investmentwatchblog--2020-10-29--State Level Unemployment Benefits Are Rapidly Expiring

Confusing Array of State and Federal ProgramsMy chart is modified from CBPP Center on Budget and Policy Priorities Policy Basics : How Many Weeks of Unemployment Compensation Are Available ?
Where I show two numbers , the first number is regular state unemployment insurance and the second number ( if present ) represents extended benefits .
I suggested a change in the CBPP chart as I posted above , breaking out South Carolina and noting most states have 39 or more weeks of benefits in addition to 13 weeks of PEUC , • Most states offer at least 26 weeks @ @ @ @ @ @ @ weeks of extended benefits .
Some states offer more .
States offering 30 or fewer weeks are noted .
• A Federal pandemic PEUC ( Pandemic Emergency Unemployment Compensation ) program kicks in after regular state programs expire .
PEUC provides 13 weeks of compensation at the paid state level but the money comes from the federal government .
Every state participates in PEUC .
It kicks in before extended benefits .
• Persons not eligible for state claims can file for the federal Pandemic Unemployment Assistance ( PUA ) program .
PUA @ @ @ @ @ @ @ are not covered by state programs .
It also covers part-time workers .
PUA is rife with fraud and terrible reporting .
• After PEUC expires , most but not all states have Extended Benefit programs also paid by the federal government but not every state is in the program .
CBPP notes “ Extended Benefits ( EB ) have triggered on in 41 states plus the District of Columbia , Puerto Rico , and the Virgin Islands .
Through the end of 2020 , additional weeks of federal benefits are also available @ @

Confusing Array of State and Federal ProgramsMy chart is modified from CBPP Center on Budget and Policy Priorities Policy Basics: How Many Weeks of Unemployment Compensation Are Available?
Where I show two numbers, the first number is regular state unemployment insurance and the second number (if present) represents extended benefits.
I suggested a change in the CBPP chart as I posted above, breaking out South Carolina and noting most states have 39 or more weeks of benefits in addition to 13 weeks of PEUC,
Key Points
Most states offer at least 26 weeks of unemployment insurance plus 13 or more weeks of extended benefits. Some states offer more. States offering 30 or fewer weeks are noted. A Federal pandemic PEUC (Pandemic Emergency Unemployment Compensation) program kicks in after regular state programs expire. PEUC provides 13 weeks of compensation at the paid state level but the money comes from the federal government. Every state participates in PEUC. It kicks in before extended benefits. Persons not eligible for state claims can file for the federal Pandemic Unemployment Assistance (PUA) program. PUA covers gig workers and self-employed workers who are not covered by state programs. It also covers part-time workers. PUA is rife with fraud and terrible reporting. After PEUC expires, most but not all states have Extended Benefit programs also paid by the federal government but not every state is in the program.
Extended Benefits Triggered in 41 States
CBPP notes “Extended Benefits (EB) have triggered on in 41 states plus the District of Columbia, Puerto Rico, and the Virgin Islands. Through the end of 2020, additional weeks of federal benefits are also available.”
Week 32 of the Pandemic


investmentwatchblog--2020-10-29--How Does the Pandemic Recession Stack Up against the Great Depression?

• Group Vice President and Deputy Director of Research David Wheelock explained that the Great Depression was likely the largest and longest slump in economic activity in U.S. history , though records for the18th and 19th centuries are sketchy .
“ Comparing the 2020 recession with the Great Depression is also fraught with measurement difficulties , but some rough comparisons based on various measures of economic activity are possible , ” he wrote .
• The author began by looking at gross domestic product ( GDP ) , a broad measure of economic activity .
He noted the severity of @ @ @ @ @ @ @ fell at annual rates of 5 % in the first quarter of 2020 and over 30 % in the second quarter [ … ] Wheelock observed that the cumulative decline in the first two quarters of the 2020 recession was somewhat larger than the decline during the first two quarters of the Great Depression .
He also pointed out that the drop in economic activity during the second quarter of 2020 was larger than any quarterly decline during the Great Depression .
• In the case of the Great Depression , the economy @ @ @ @ @ @ @ years , the author added .
“ By contrast , consensus forecasts predict that the U.S. economy will expand in the second half of 2020 and into 2021 but that output will remain below the 2019 peak for at least several quarters , ” he wrote .
Wheelock also looked at other key indicators : Industrial production , The unemployment rate , The consumer price index , and The S & P 500 stock price index • Wheelock noted that the 2020 recession saw sharp declines in economic activity , employment and stock @ @ @ @ @ @ @ declines of the Great Depression .
However , he pointed out that the Depression persisted , with the economy bottoming out nearly four years later .
“ The 2020 contraction might turn out to be the sharpest , but also the shortest , in modern times and perhaps of all time in the United States , ” he wrote .
Recent debate has focused on whether the increase in economic activity since May will be maintained or turn out to be an uptick before a second dip , Wheelock observed .
“ The @ @ @ @ @ @ @ to it will likely make that determination , ” he concluded .

STL Fed
Group Vice President and Deputy Director of Research David Wheelock explained that the Great Depression was likely the largest and longest slump in economic activity in U.S. history, though records for the18th and 19th centuries are sketchy. “Comparing the 2020 recession with the Great Depression is also fraught with measurement difficulties, but some rough comparisons based on various measures of economic activity are possible,” he wrote.
The author began by looking at gross domestic product (GDP), a broad measure of economic activity. He noted the severity of the recent economic downturn: Real GDP fell at annual rates of 5% in the first quarter of 2020 and over 30% in the second quarter […] Wheelock observed that the cumulative decline in the first two quarters of the 2020 recession was somewhat larger than the decline during the first two quarters of the Great Depression. He also pointed out that the drop in economic activity during the second quarter of 2020 was larger than any quarterly decline during the Great Depression.
In the case of the Great Depression, the economy continued to contract for more than three years, the author added. “By contrast, consensus forecasts predict that the U.S. economy will expand in the second half of 2020 and into 2021 but that output will remain below the 2019 peak for at least several quarters,” he wrote.
Wheelock also looked at other key indicators: Industrial production, The unemployment rate, The consumer price index, and The S&P 500 stock price index
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Wheelock noted that the 2020 recession saw sharp declines in economic activity, employment and stock prices that rivaled or exceeded the initial declines of the Great Depression. However, he pointed out that the Depression persisted, with the economy bottoming out nearly four years later. “The 2020 contraction might turn out to be the sharpest, but also the shortest, in modern times and perhaps of all time in the United States,” he wrote. Recent debate has focused on whether the increase in economic activity since May will be maintained or turn out to be an uptick before a second dip, Wheelock observed. “The virus and the public’s response to it will likely make that determination,” he concluded.
continue reading


investmentwatchblog--2020-10-29--Stay With Me? What Happens To Loan Defaults/Forbearance When The Stimulus Wears Out In January? Kabo

Stay With Me? What Happens To Loan Defaults/Forbearance When The Stimulus Wears Out In January? Kaboom Or …?

Or stay with your family ?
Or live in your parents ’ basement ?
In January , much of the stimulus to households ( CARES Act ) wears out .
New forbearance plans have flattened after the Covid spike in March .
According to Attom , foreclosure starts are rising rapidly in New York and Chicago .
The MBA estimates 3.4 million homeowners are currently in forbearance plans .
And if forbearance isn ’ t continued , a potentially high percentage of these loans could end up in default .
So we could have a mortgage default crisis on our @ @ @ @ @ @ @ stop the impacts of Covid because of soaring , yet improving unemployment .
Rental markets ?
The CARES Act provided direct payments to households and if the government shutdowns persist , we could see an increased in defaults on multi-family properties .
Freddie Mac ’ s forborne multifamily loans are concentrated in New York with 25.4 % in forbearance followed by Texas with 13.4 % .
The magnitude of the losses if the CARES Act isn ’ t extended ?
It depends on who wins in November .
But at we now know @ @ @ @ @ @ @ their $ 10 billion student-loan portfolio .
The bank said earlier this month that it had notified customers of its planned exit from the student-lending business .
PARTICULARLY IF THE CARES Act isn ’ t expanded OR governments stop their lockdown of economies .
The good news ?
The CARES Act money has not been completely spent … yet .
But come January , watch out

by confoundedinterest17
Or stay with your family? Or live in your parents’ basement?
In January, much of the stimulus to households (CARES Act) wears out.
New forbearance plans have flattened after the Covid spike in March.
But ACTIVE forbearance plans remains high.
According to Attom, foreclosure starts are rising rapidly in New York and Chicago.
We are primarily funded by readers. Please subscribe and donate to support us!
The MBA estimates 3.4 million homeowners are currently in forbearance plans. And if forbearance isn’t continued, a potentially high percentage of these loans could end up in default.
So we could have a mortgage default crisis on our hands. If forbearance doesn’t stop the impacts of Covid because of soaring, yet improving unemployment.
Rental markets? The CARES Act provided direct payments to households and if the government shutdowns persist, we could see an increased in defaults on multi-family properties. Freddie Mac’s forborne multifamily loans are concentrated in New York with 25.4% in forbearance followed by Texas with 13.4%.
The magnitude of the losses if the CARES Act isn’t extended? It depends on who wins in November.
But at we now know why Wells Fargo is trying to dump their $10 billion student-loan portfolio. The bank said earlier this month that it had notified customers of its planned exit from the student-lending business. PARTICULARLY IF THE CARES Act isn’t expanded OR governments stop their lockdown of economies.
The good news? The CARES Act money has not been completely spent … yet. But come January, watch out


investmentwatchblog--2020-10-29--Value is doing the worst ever while energy is doing so poorly than no sector has ever had this littl

Value is doing the worst ever while energy is doing so poorly than no sector has ever had this little share in the S&P 500 since at least 1990.

Value investing has done so poorly as a factor , the charts keep going back further to find a time that ’ s similar .
Unfortunately , we can ’ t find one .
As you can see from the chart below , even since 1826 , the year of Thomas Jefferson ’ s death , value hasn ’ t had as bad of a run as it has had in the past decade .
Markets are dramatically different now than in the 1800s , but the one thing that stays the same is human emotions .
Humans act the @ @ @ @ @ @ @ .
They get nervous and they get confident .
It ’ s difficult to keep your cool when a stock you own doubles or gets cut in half .
The natural tendency is to want to react whenever prices move sharply .
That ’ s not always the best course .
Value has done historically badly because commodities prices are low ( bad for energy stocks ) and real interest rates are low ( banks have tight interest spreads ) .
We have record low rates and very low inflation .
Central banks @ @ @ @ @ @ @ , yet not much comes .
COVID-19 accelerated the prior trend because many of the value stocks don ’ t do well in a social distanced world .
It makes for a nice crescendo in the trend .
Of course , the value versus growth debate is incomplete because individual companies are a lot more than their factor .
However , many times this year , we have seen large ‘ factor days ’ which are days where growth and value are inversely correlated .
These are days you can tell what is @ @ @ @ @ @ @ good vaccine news would be good for value ( banks ) and bad for growth ( software ) .
Large growth companies are not only overtaking value names ; they are overtaking the entire economy .
Just a few companies control so much of the market .
The big growth names make excess profits without having that many employees which means they increase income inequality .
For low level positions , big tech firms hire contracted work which is more efficient for them , but doesn ’ t let low level workers share @ @ @ @ @ @ @ As you can see from the chart above , the top 25 large growth firms are now 62 % of the U.S. economy .
This percentage has gone vertical this year .
They have done well in the pandemic economy , but this elevated level isn ’ t sustainable .
The peak was 39 % in March 2000 and 16 % in 1973 .
Those were overall market peaks .
When these large growth firms fall , they will take down the indexes even if small value stocks gain .
Some will say @ @ @ @ @ @ @ domestic economy , but it ’ s possible other countries create their own versions of services so they can benefit .
Why let big U.S. tech firms overtake your economy ?
For example , the chart below shows the Google Play Store and the Apple App Store have lost market share to the OneStore in Korea .
Why Is Growth Doing Well ?
Growth stocks are doing well because economies aren ’ t growing quickly .
Therefore , growth is rare .
As you can see from the chart below , the percentage @ @ @ @ @ @ @ % has fallen rapidly since 2000 and the percentage with below 4 % growth has risen .
Rare things get priced higher .
Interest rates are lower , so there is a lower hurdle rate to invest in growth stocks .
Money is cheaper , so there is less of an impending need to make a profit .
Companies can afford to lose money for years .
It ’ s a virtuous cycle because investors purchase equity in growth firms , so they don ’ t even need to issue debt .
The @ @ @ @ @ @ @ growth , it gets tough to ever make a profit since there is so much competition .
If your competitors don ’ t care about making a profit , your exciting growth industry suddenly has impossible competition .
Earnings Season Going Well For The Banks Banks are considered stodgy old value companies , but the growth in deposits and the housing market have helped them expand quickly .
That helps explain the chart below which shows they had the biggest improvement in 2020 EPS estimates in the past week .
Tech has a @ @ @ @ @ @ @ why its estimates fell .
This isn ’ t to say the industries most hurt by the social distancing economy are doing okay .
They are still in a world of hurt .
All the industries you expect to be hurting are in deep trouble .
In Q3 , airlines were the worst as they had a 313 % decline in earnings .
That ’ s why they begged for bailouts .
Any earnings decline worse than 100 % is a loss .
That was the case for 4 industries .
Hotels , @ @ @ @ @ @ @ ) had a 133 % decline in earnings .
It ’ s no surprise energy isn ’ t doing well .
That ’ s why in October , the fund manager ownership of energy had a z-score of -2.1 .
Of course , with cyclical stocks , it ’ s the best time to buy when the environment looks the grimmest , assuming you see a reason for the environment to change in your given investing timeframe .
It was very grim in Q3 as oil , gas , and consumable fuels had @ @ @ @ @ @ @ 3rd worst ) and energy equipment and services had a 68 % decline ( 5th worst ) .
As you know , energy ’ s percentage of the S & P 500 hit a record low this year .
However , we found an even worse stat .
As you can see from the chart below , energy ’ s current weighting is lower than any sector weighting since at least 1990 .
The graphic shows what percentage each lowest sector had per year .
This also gives a small glimpse at diversification @ @ @ @ @ @ @ 5 % to 6 % share in the early 1990s , it means the big sectors probably weren ’ t as dominant .
Value is truly doing the worst ever .
Don ’ t overthink this .
It ’ s not because these firms are suddenly way worse .
It ’ s because their business ( commodities & banking ) has suffered in this low interest rate environment .
Plus , investors prefer growth in such a scenario ( it ’ s also tough to come by ) .
U.S. growth firms are @ @ @ @ @ @ @ to support their own domestic firms .
The banks recently had the best 2020 EPS estimate improvements .
They are well capitalized and are benefiting from the hot housing market and the increase in deposits .
Energy is doing so poorly that no sector has ever had this little share in the S & P 500 since at least 1990 .

by UPFINA
Value investing has done so poorly as a factor, the charts keep going back further to find a time that’s similar. Unfortunately, we can’t find one. As you can see from the chart below, even since 1826, the year of Thomas Jefferson’s death, value hasn’t had as bad of a run as it has had in the past decade. Markets are dramatically different now than in the 1800s, but the one thing that stays the same is human emotions. Humans act the same. They want to join crowds. They get nervous and they get confident. It’s difficult to keep your cool when a stock you own doubles or gets cut in half. The natural tendency is to want to react whenever prices move sharply. That’s not always the best course.
Value investing has been going through a dire run lately. Stock market data suggests going back to the year Thomas Jefferson died suggests that it is in fact the worst run in at least *two centuries*. t.co/CtBIdX7yMG pic.twitter.com/vkGe9Ywbop — Robin Wigglesworth (@RobinWigg) October 26, 2020
Value has done historically badly because commodities prices are low (bad for energy stocks) and real interest rates are low (banks have tight interest spreads). We have record low rates and very low inflation. Central banks are desperate for economic growth and inflation, yet not much comes.
COVID-19 accelerated the prior trend because many of the value stocks don’t do well in a social distanced world. It makes for a nice crescendo in the trend. Of course, the value versus growth debate is incomplete because individual companies are a lot more than their factor. However, many times this year, we have seen large ‘factor days’ which are days where growth and value are inversely correlated. These are days you can tell what is driving the market. For example, good vaccine news would be good for value (banks) and bad for growth (software).
Big Growth Stocks Are Really Big
Large growth companies are not only overtaking value names; they are overtaking the entire economy. Just a few companies control so much of the market. The big growth names make excess profits without having that many employees which means they increase income inequality. For low level positions, big tech firms hire contracted work which is more efficient for them, but doesn’t let low level workers share in the company’s gains.
An additional chart by @KailashConcepts shows just how overvalued large-cap growth stocks are right now. Once again, we are focusing on the 1972/73 and 1999/2000 period. Third time's the chart in 2020/21? We are about to find out.#valuationsmatter pic.twitter.com/wQGIKv6qwK — Tiho Brkan (@TihoBrkan) October 25, 2020
As you can see from the chart above, the top 25 large growth firms are now 62% of the U.S. economy. This percentage has gone vertical this year. They have done well in the pandemic economy, but this elevated level isn’t sustainable. The peak was 39% in March 2000 and 16% in 1973. Those were overall market peaks. When these large growth firms fall, they will take down the indexes even if small value stocks gain. Some will say international sales help U.S. firms overtake the domestic economy, but it’s possible other countries create their own versions of services so they can benefit. Why let big U.S. tech firms overtake your economy? For example, the chart below shows the Google Play Store and the Apple App Store have lost market share to the OneStore in Korea.
Korea's OneStore. Local app stores not just a China phenomenon… pic.twitter.com/JcyLVuhS8A — Fritz (@Fritz844) October 27, 2020
Why Is Growth Doing Well?
Growth stocks are doing well because economies aren’t growing quickly. Therefore, growth is rare. As you can see from the chart below, the percentage of companies with sustainable growth above 8% has fallen rapidly since 2000 and the percentage with below 4% growth has risen. Rare things get priced higher. Interest rates are lower, so there is a lower hurdle rate to invest in growth stocks.
We are primarily funded by readers. Please subscribe and donate to support us!
Investing in secular growth companies that can compound their earnings are an increasingly rare achievement — but can be found in sectors like e-commerce, digitalization, pet care, personal safety, and nesting, according to @KKR_Co. pic.twitter.com/EMSKDKr0c1 — Tiho Brkan (@TihoBrkan) October 26, 2020
Money is cheaper, so there is less of an impending need to make a profit. Companies can afford to lose money for years. It’s a virtuous cycle because investors purchase equity in growth firms, so they don’t even need to issue debt. The problem is when so much money chases growth, it gets tough to ever make a profit since there is so much competition. If your competitors don’t care about making a profit, your exciting growth industry suddenly has impossible competition.
Earnings Season Going Well For The Banks
Banks are considered stodgy old value companies, but the growth in deposits and the housing market have helped them expand quickly. That helps explain the chart below which shows they had the biggest improvement in 2020 EPS estimates in the past week. Tech has a tougher bar to exceed which might explain why its estimates fell.
Earnings estimates for the banks are improving; however, many of the bank stocks are still trading at distressed levels. pic.twitter.com/f8k6IRkQpo — Ben Mackovak (@Ben_Mackovak) October 26, 2020
This isn’t to say the industries most hurt by the social distancing economy are doing okay. They are still in a world of hurt. All the industries you expect to be hurting are in deep trouble. In Q3, airlines were the worst as they had a 313% decline in earnings. That’s why they begged for bailouts. Any earnings decline worse than 100% is a loss. That was the case for 4 industries. Hotels, restaurants, and leisure (one industry) had a 133% decline in earnings.
Energy Remarkably Bad
It’s no surprise energy isn’t doing well. That’s why in October, the fund manager ownership of energy had a z-score of -2.1. Of course, with cyclical stocks, it’s the best time to buy when the environment looks the grimmest, assuming you see a reason for the environment to change in your given investing timeframe. It was very grim in Q3 as oil, gas, and consumable fuels had a 129% decline in earnings (3rd worst) and energy equipment and services had a 68% decline (5th worst).
As you know, energy’s percentage of the S&P 500 hit a record low this year. However, we found an even worse stat. As you can see from the chart below, energy’s current weighting is lower than any sector weighting since at least 1990.
Oil and gas stocks are about as meaningless for the S&P 500 as any industry sector has been in decades. See my Chart of the Day. t.co/zn63bK2cuc pic.twitter.com/9zgr2rKWgY — Bloomberg Radio's Dave Wilson (@TheOneDave) October 26, 2020
The graphic shows what percentage each lowest sector had per year. This also gives a small glimpse at diversification. If even the lowest sector had 5% to 6% share in the early 1990s, it means the big sectors probably weren’t as dominant.
Conclusion
Value is truly doing the worst ever. Don’t overthink this. It’s not because these firms are suddenly way worse. It’s because their business (commodities & banking) has suffered in this low interest rate environment. Plus, investors prefer growth in such a scenario (it’s also tough to come by). U.S. growth firms are dominant internationally which might cause some countries to support their own domestic firms. The banks recently had the best 2020 EPS estimate improvements. They are well capitalized and are benefiting from the hot housing market and the increase in deposits. Energy is doing so poorly that no sector has ever had this little share in the S&P 500 since at least 1990.


investmentwatchblog--2020-10-29--Joe Biden’s campaign has been a litany of “shooting himself in the foot” moments.

Joe Biden ’ s campaign has been a litany of “ shooting himself in the foot ” moments .
t.co/DZkXeHeFr9

Joe Biden’s campaign has been a litany of “shooting himself in the foot” moments. t.co/DZkXeHeFr9
— TheMoMoneyShow (@McMo91) October 29, 2020


investmentwatchblog--2020-10-30--2nd wave putting strain on the reflation trade and positioning. Happening while global liquidity is

2nd wave putting strain on the reflation trade and positioning. Happening while global liquidity is tightening. Selling pressure in u.S. Stocks is more extreme, more often

The Dow Has Lost 1,815 Points in the Past Three Trading Sessions : The Wall of Worry It Was Climbing @ @ @ @ @ in no small part because of the unrelenting pandemic , the lack of a new @ @ @ @ @ and the selloff in oil .
All three are interrelated .
Wells Fargo Securities ’ @ @ @ @ @ over the next week to ten days .
Selling Pressure in U.S. Stocks Is More @ @ @ @ @ ferocity of the U.S. stock rout on Wednesday sent a measure of selling pressure to @ @ @ @ @ record — an occurrence that ’ s become increasingly frequent in the past two months @ @ @ @ @ and founder of Sri-Kumar Global Strategies , says the Covid-19 pandemic , the lack of @ @ @ @ @ the U.S. presidential election are creating a trifecta of negative forces for markets .

2nd wave putting strain on the reflation trade and positioning. Happening while global liquidity is tightening. $EURUSD pic.twitter.com/Rikm7w3qR8 — Teddy Vallee (@TeddyVallee) October 30, 2020
"We based our scenario on modeling by the Center for Infectious Disease Research and Policy (CIDRAP) at the University of Minnesota. CIDRAP warned that every country needs to be prepared for a second wave this fall, and even for a third wave in 2021."t.co/qUgRpc8FkS — Tuomas Malinen (@mtmalinen) October 29, 2020
As things stand, global stocks are on track for the worst week since the market dislocation in March. TBH not surprising given where valuations are heading into massive event risk on November 3 (National Sandwich Day) pic.twitter.com/08V1BKUBh6 — David Ingles (@DavidInglesTV) October 30, 2020
Our daily update is published. States reported a record number of cases—88.5k—and 1.3 million tests. 46k people are hospitalized. The death toll was 1049. pic.twitter.com/CRsbyiBRSw — The COVID Tracking Project (@COVID19Tracking) October 29, 2020
🇫🇷 Escaping Paris before the lockdown begins. pic.twitter.com/q1zfOvndOJ — PiQ (@PriapusIQ) October 29, 2020
Market sentiment has turned bearish in no small part because of the unrelenting pandemic, the lack of a new stimulus bill from Congress, and the selloff in oil. All three are interrelated.
Wells Fargo Securities’ Michael Schumacher sees major headwinds over the next week to ten days.
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The ferocity of the U.S. stock rout on Wednesday sent a measure of selling pressure to near the most extreme on record — an occurrence that’s become increasingly frequent in the past two months.
Komal Sri-Kumar, president and founder of Sri-Kumar Global Strategies, says the Covid-19 pandemic, the lack of another federal stimulus package and the U.S. presidential election are creating a trifecta of negative forces for markets.
deep economic scarring pic.twitter.com/8bLUlksmUl — Alastair Williamson (@StockBoardAsset) October 29, 2020
#Apple tumbles after iPhone sales miss as new models anticipated and as China drops 29%. Apple’s quarterly revenue in greater China came in at multiyear lows. t.co/kN3xf6OTcg pic.twitter.com/wAcsZhT1LP — Holger Zschaepitz (@Schuldensuehner) October 29, 2020


investmentwatchblog--2020-10-30--Is the Nasdaq About To Fall 25 Percent?

Is the Nasdaq About To Fall 25 Percent?

Technology is the lifeblood of our current economy and dictates future innovation .
The sector has also taken a primary leadership role in the 11-year bull market .
But , as most of you are aware , that doesn ’ t mean that tech stocks are always smooth sailing .
In fact , the Nasdaq and tech stocks can be a bumpy ride !
Just check out today ’ s chart !
Displayed here is a “ monthly ” chart of the Nasdaq Composite ( IXIC ) which highlights some a handful of large bearish reversal patterns .
The month @ @ @ @ @ @ @ two days remaining ) … HOWEVER , it appears that the Nasdaq Composite index is creating a rather sizeable bearish reversal pattern .
As well , this move to the downside is occurring just after the index kissed the underside of the 261 % Fibonacci extension level at ( 1 ) .
Glancing back at recent history , you can see that a handful of large monthly reversal patterns have lead to significant declines of -25 % or more .
Should October close out at current levels and confirm this bearish reversal pattern @ @ @ @ @ @ @ caution to investors .
This article was first written for See It Markets.com .
To see the original posting CLICK HERE .

by Kimble Charting
Technology is the lifeblood of our current economy and dictates future innovation. The sector has also taken a primary leadership role in the 11-year bull market.
But, as most of you are aware, that doesn’t mean that tech stocks are always smooth sailing. In fact, the Nasdaq and tech stocks can be a bumpy ride! Just check out today’s chart!
Displayed here is a “monthly” chart of the Nasdaq Composite (IXIC) which highlights some a handful of large bearish reversal patterns.
We are primarily funded by readers. Please subscribe and donate to support us!
The month of October is not over yet (two days remaining)… HOWEVER, it appears that the Nasdaq Composite index is creating a rather sizeable bearish reversal pattern. As well, this move to the downside is occurring just after the index kissed the underside of the 261% Fibonacci extension level at (1).
Glancing back at recent history, you can see that a handful of large monthly reversal patterns have lead to significant declines of -25% or more.
Should October close out at current levels and confirm this bearish reversal pattern, it would send a message of caution to investors.
This article was first written for See It Markets.com. To see the original posting CLICK HERE.


investmentwatchblog--2020-10-29--Fear The Government Shutdowns! Gov’t Shutdowns May Cause Surge In Mortgage Defaults AND Zombie Prope

Fear The Government Shutdowns! Gov’t Shutdowns May Cause Surge In Mortgage Defaults AND Zombie Properties

( Inman ) About 1.6 million residential properties in the U.S. , or about 1.6 percent of all homes , are currently vacant , according to a new report from Attom Data Solutions .
The Midwest and South had the highest zombie foreclosure rates during the third quarter , with rates highest in Iowa ( 15.5 percent of vacant properties in the foreclosure process ) , Kentucky ( 12 percent ) , Missouri ( 10.2 percent ) , Georgia ( 9.6 percent ) and Maryland ( 9.2 percent ) .
States with the lowest zombie foreclosure rates were largely in @ @ @ @ @ @ @ ( 1.3 percent of vacant properties in the foreclosure process ) , Colorado ( 1.6 percent ) , New Jersey ( 1.7 percent ) , Idaho ( 2.2 percent ) and California ( 2.2 percent ) .
In terms of number count , states with the highest numbers of zombie properties during Q4 were largely in the Northeast and Midwest in areas hit hard by the pandemic .
New York posted the highest number of zombie properties at 2,131 , followed by Florida ( 1,027 ) , Illinois ( 934 ) , Ohio @ @ @ @ @ @ @ 346 ) .
“ Some of the states with the highest rate of zombie foreclosure properties are also states that have been among the hardest hit by the COVID-19 pandemic , ” Rick Sharga , executive vice president for RealtyTrac , said in a statement .
“ When the government bans on foreclosure activity expire , it wouldn ’ t be a surprise to see the number of defaults in those states increase more rapidly than in other parts of the country , and the number of zombie foreclosure properties rise more dramatically @ @ @ @ @ @ @ is a chart I did yesterday pointing to the perils ahead if the shutdowns continue and Federal stimulus abates .
Forbearance has prevented a spike in defaults ( and potential zombie properties ) , but we will find out in January .

by confoundedinterest17
(Inman) About 1.6 million residential properties in the U.S., or about 1.6 percent of all homes, are currently vacant, according to a new report from Attom Data Solutions.
The Midwest and South had the highest zombie foreclosure rates during the third quarter, with rates highest in Iowa (15.5 percent of vacant properties in the foreclosure process), Kentucky (12 percent), Missouri (10.2 percent), Georgia (9.6 percent) and Maryland (9.2 percent).
States with the lowest zombie foreclosure rates were largely in the Northeast and West, including Utah (1.3 percent of vacant properties in the foreclosure process), Colorado (1.6 percent), New Jersey (1.7 percent), Idaho (2.2 percent) and California (2.2 percent).
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In terms of number count, states with the highest numbers of zombie properties during Q4 were largely in the Northeast and Midwest in areas hit hard by the pandemic. New York posted the highest number of zombie properties at 2,131, followed by Florida (1,027), Illinois (934), Ohio (836) and New Jersey (346).
“Some of the states with the highest rate of zombie foreclosure properties are also states that have been among the hardest hit by the COVID-19 pandemic,” Rick Sharga, executive vice president for RealtyTrac, said in a statement. “When the government bans on foreclosure activity expire, it wouldn’t be a surprise to see the number of defaults in those states increase more rapidly than in other parts of the country, and the number of zombie foreclosure properties rise more dramatically in those states as well.”
Here is a chart I did yesterday pointing to the perils ahead if the shutdowns continue and Federal stimulus abates. Forbearance has prevented a spike in defaults (and potential zombie properties), but we will find out in January.


investmentwatchblog--2020-10-29--ALT-MARKET.US A Biden Presidency Will Mean A Faster US Collapse

This article was written by Brandon Smith The election of 2020 is perhaps the most bizarre affair in modern American history ; not since the post Civil War turmoil of reconstruction and the election of 1876 have we seen the nation divided so completely along ideological lines .
Questions of states rights vs. federal power were at the forefront at that time , and the presence of federal troops in the American south was a primary voting concern .
The Democrats were the party of the Confederacy , the Republicans were the party of the Union .
Though they had @ @ @ @ @ @ @ ways to strike back during the elections .
With the Republican party suffering from corruption allegations and public sentiment shifting against the federal occupation , the Democrats were gaining massive ground and a Democratic sweep was thought to be imminent .
However , there were reports of ballot box fraud on BOTH sides of the aisle ; in many voting districts the counted number of votes exceeded the number of people ( often on the side of Republicans ) .
Republicans sought to challenge poll results in closely contested states to stop the @ @ @ @ @ @ @ power , a situation they considered to be a “ potential national disaster ” .
The election became a stalemate of legal battles and fraud investigations .
Ultimately a deal was struck – The Republicans would take the White House and in exchange federal troops would be removed from the South ( the Republicans knew that voting fraud on their side would be exposed and that another civil war could erupt in response ) .
Ultimately , the votes did not matter in the case of a contested election ; what mattered was @ @ @ @ @ @ @ the stability of the day and the election result was maneuvered to that end .
Today , we have a different dynamic and a different priority for the establishment : Which outcome will lead to the biggest disaster , and who will take the blame ?
In contrast to 1876 , I believe that in 2020 the elites are seeking to INCREASE the level of instability , not calm the waters .
The mainstream media has launched a massive fear campaign hinting at a contested election and both sides of the aisle are @ @ @ @ @ @ @ .
I have no doubt that whichever way the election goes , millions of Americans will refuse to accept the results .
To be clear , I don ’ t really view modern elections from the perspective of “ winning ” and “ losing ” .
It ’ s hard for me to say exactly what was going on behind the curtain in 1876 , but today I think it is foolish to engage in election analysis without first accepting the reality that the game is rigged .
Biden is a full blown @ @ @ @ @ @ @ Trump is surrounded by globalists and banking elites in his own cabinet .
Regardless of who loses the election , the elites win .
The only question I am here to ask is , which candidate serves the globalist agenda most effectively right now ?
My original prediction for the 2020 election this past summer was that the White House would go to Donald Trump , but under sharply contested conditions .
I predicted Trump ’ s win in 2016 based on the premise that the establishment needed a conservative scapegoat for the @ @ @ @ @ @ @ we know it along with the civil unrest and calamity this event would inspire .
I stated unequivocally on numerous occasions that Trump would preside over America ’ s rapid decline and that conservative ideals and principles would be blamed by extension .
And behold , in 2020 this is exactly what is happening , with a pandemic and the implosion of the “ Everything Bubble ” now in full swing and the media placing it all in the lap of Trump and conservatives .
Now , whether or not people believe this @ @ @ @ @ @ @ stands , the worst hit states economically are states controlled by leftist politicians that are enforcing draconian lockdown restrictions on the public .
States populated predominantly by conservatives are fairing much better overall .
The bottom line is , which outcome serves the establishment narrative ?
Do the elites need Trump in office longer in order to crash the system completely on his watch ?
I believe this is the case .
Like Clinton , Biden represents one of the worst possible candidates that could have been chosen as a believable opponent for @ @ @ @ @ @ @ Trump from the Oval Office .
His odd mental breaks , embarrassing gaffs , his habit of being creepily over-familiar with women and young girls and his exposure to corruption through foreign ties make him a poor contender .
To be sure , democrats and leftists will vote for him anyway out of spite , but I have a hard time seeing him rallying a wide cross section of Americans that would give him an edge .
If the establishment wanted to be rid off Trump , they could have chosen better .
@ @ @ @ @ @ @ and a Biden presidency is forthcoming ?
What if ballots are rigged to one side , as they were in 1876 ?
What if a contested election leads to an “ agreement ” in which Trump steps down ?
What would it mean to have Biden in the White House ?
Well , the US system as we know it is going to fall either way , at least in terms of the economy .
This is a process that was initiated many years ago , with the impetus of financial bubbles hitting @ @ @ @ @ @ @ improved since then ; in fact , the central bank bailouts and stimulus measures only INCREASED the likelihood of a collapse event by inflating corporate and national debt levels while simultaneously diminishing the buying power of the dollar .
The only difference between Trump and Biden in this regard is how fast the collapse will happen .
With Trump , the crash will most likely happen slower and more methodically as the establishment takes its time building the narrative that conservative ideals , nationalism , sovereignty movements , etc .
“ caused ” @ @ @ @ @ @ @ condition the masses to the idea that such philosophies are “ inherently selfish ” and destructive .
Meaning , at least with Trump , we have a little more time to prepare for the inevitable .
With Biden in office the time frame changes completely and the crash must move faster .
Why ?
Because the globalists can not allow a Biden Administration ( and by extension the globalists themselves ) to be labeled as the culprits behind the crash .
They would have to expedite the downturn in the early months of @ @ @ @ @ @ @ the media can claim the crisis is an aftereffect of Trump ’ s presidency .
If Biden does enter the White House in 2021 , expect a hard plunge in economic fundamentals almost immediately .
Another factor of a Biden presidency would be the near certainty of federally enforced pandemic lockdowns similar to those now being implemented in countries like France and Germany .
Forget about the current state-by-state lockdown orders and nuances ; Biden WILL attempt a national lockdown mandate because he is not held back by a need to appeal to @ @ @ @ @ @ @ Trump is .
Biden will go for broke , and the economy will take another massive hit as more businesses go into bankruptcy at breakneck speed .
And again , this would have to be implemented quickly so that Trump and conservatives can be blamed .
They will claim harsh lockdowns “ have to be pursued ” because conservatives refused to accept them during the early stages of the pandemic .
In light of a Trump “ win ” , it is obvious that a second term would be used as an invitation @ @ @ @ @ @ @ leftists , but , this threat doesn ’ t go away with Biden in office .
Actually , the riots may become worse under Biden .
The social justice cult will see Biden as a “ malleable ” and easily controlled political figure who will do anything to appease them .
Biden will placate the hard left ; not because he fears them , but because he has a role to play in this great Kabuki theater and it serves the interests of the globalist agenda at the moment .
Finally , if @ @ @ @ @ @ @ House it means they want national gun restrictions or outright confiscation within the first couple years of his term .
Biden ’ s anti-2nd Amendment views are hardly ambiguous .
With Trump , the chances of a gun grab are much slimmer ( though he has voiced support for Red Flag laws in the past ) .
Under Biden , the gun grab attempt will be swift .
This threat along with Level 4 lockdowns on a national level would elicit the only logical response for conservatives – armed rebellion .
I do @ @ @ @ @ @ @ want at this point in time .
I do not think they have the capacity to handle it , and I do not think they would be able to get a majority of law enforcement and the military to go along with such policies .
This is why I continue to believe they prefer Trump in office and that they will use economic decline and the “ failure ” of conservative policies as a false rationale for the “ global reset ” the elites seem to be so excited about .
Be warned @ @ @ @ @ @ @ up in office , this should be treated as a sign that a high speed collapse is on the way .
If you would like to support the work that Alt-Market does while also receiving content on advanced tactics for defeating the globalist agenda , subscribe to our exclusive newsletter The Wild Bunch Dispatch .
Learn more about it HERE .
With global tensions spiking , thousands of Americans are moving their IRA or 401 ( k ) into an IRA backed by physical gold .
Now , thanks to a little-known IRS @ @ @ @ @ @ @ Learn how with a free info kit on gold from Birch Gold Group .
It reveals how physical precious metals can protect your savings , and how to open a Gold IRA .
Click here to get your free Info Kit on Gold .
You can contact Brandon Smith at : Or , follow me at Parler by searching : @ Altmarket

This article was written by Brandon Smith
The election of 2020 is perhaps the most bizarre affair in modern American history; not since the post Civil War turmoil of reconstruction and the election of 1876 have we seen the nation divided so completely along ideological lines. Questions of states rights vs. federal power were at the forefront at that time, and the presence of federal troops in the American south was a primary voting concern. The Democrats were the party of the Confederacy, the Republicans were the party of the Union. Though they had lost the war, southerners were finding ways to strike back during the elections.
With the Republican party suffering from corruption allegations and public sentiment shifting against the federal occupation, the Democrats were gaining massive ground and a Democratic sweep was thought to be imminent. However, there were reports of ballot box fraud on BOTH sides of the aisle; in many voting districts the counted number of votes exceeded the number of people (often on the side of Republicans). Republicans sought to challenge poll results in closely contested states to stop the Democrats and former confederates from taking political power, a situation they considered to be a “potential national disaster”.
The election became a stalemate of legal battles and fraud investigations. Ultimately a deal was struck – The Republicans would take the White House and in exchange federal troops would be removed from the South (the Republicans knew that voting fraud on their side would be exposed and that another civil war could erupt in response). Ultimately, the votes did not matter in the case of a contested election; what mattered was which outcome was the most convenient for the stability of the day and the election result was maneuvered to that end.
(Special Note: If you try to learn more about the 1876 election, I recommend searching for articles and books that are more than 5-10 years old. Anything written in the past few years on the subject is rife with spin and disinformation. Just check out this article from Time Magazine and try to swim through the propaganda! The part where they attempt to explain why democrats used to be the party of the confederacy is especially hilarious – basically, the democrats of the past were more like the “racist republicans” of today. The communist penchant for rewriting history is on full display.)
Today, we have a different dynamic and a different priority for the establishment: Which outcome will lead to the biggest disaster, and who will take the blame? In contrast to 1876, I believe that in 2020 the elites are seeking to INCREASE the level of instability, not calm the waters. The mainstream media has launched a massive fear campaign hinting at a contested election and both sides of the aisle are accusing the other of encouraging ballot fraud. I have no doubt that whichever way the election goes, millions of Americans will refuse to accept the results.
To be clear, I don’t really view modern elections from the perspective of “winning” and “losing”. It’s hard for me to say exactly what was going on behind the curtain in 1876, but today I think it is foolish to engage in election analysis without first accepting the reality that the game is rigged. Biden is a full blown globalist and is proud of it; Trump is surrounded by globalists and banking elites in his own cabinet. Regardless of who loses the election, the elites win. The only question I am here to ask is, which candidate serves the globalist agenda most effectively right now?
My original prediction for the 2020 election this past summer was that the White House would go to Donald Trump, but under sharply contested conditions. I predicted Trump’s win in 2016 based on the premise that the establishment needed a conservative scapegoat for the impending collapse of the US economy as we know it along with the civil unrest and calamity this event would inspire. I stated unequivocally on numerous occasions that Trump would preside over America’s rapid decline and that conservative ideals and principles would be blamed by extension.
And behold, in 2020 this is exactly what is happening, with a pandemic and the implosion of the “Everything Bubble” now in full swing and the media placing it all in the lap of Trump and conservatives.
Now, whether or not people believe this tripe is another matter. As it stands, the worst hit states economically are states controlled by leftist politicians that are enforcing draconian lockdown restrictions on the public. States populated predominantly by conservatives are fairing much better overall.
The bottom line is, which outcome serves the establishment narrative? Do the elites need Trump in office longer in order to crash the system completely on his watch? I believe this is the case. Like Clinton, Biden represents one of the worst possible candidates that could have been chosen as a believable opponent for Trump if the intent is to remove Trump from the Oval Office. His odd mental breaks, embarrassing gaffs, his habit of being creepily over-familiar with women and young girls and his exposure to corruption through foreign ties make him a poor contender.
To be sure, democrats and leftists will vote for him anyway out of spite, but I have a hard time seeing him rallying a wide cross section of Americans that would give him an edge. If the establishment wanted to be rid off Trump, they could have chosen better.
But what if I’m wrong and a Biden presidency is forthcoming? What if ballots are rigged to one side, as they were in 1876? What if a contested election leads to an “agreement” in which Trump steps down? What would it mean to have Biden in the White House?
Well, the US system as we know it is going to fall either way, at least in terms of the economy. This is a process that was initiated many years ago, with the impetus of financial bubbles hitting disaster proportions in 2008. Nothing has improved since then; in fact, the central bank bailouts and stimulus measures only INCREASED the likelihood of a collapse event by inflating corporate and national debt levels while simultaneously diminishing the buying power of the dollar. The only difference between Trump and Biden in this regard is how fast the collapse will happen.
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With Trump, the crash will most likely happen slower and more methodically as the establishment takes its time building the narrative that conservative ideals, nationalism, sovereignty movements, etc. “caused” the calamity. They need time to condition the masses to the idea that such philosophies are “inherently selfish” and destructive. Meaning, at least with Trump, we have a little more time to prepare for the inevitable.
With Biden in office the time frame changes completely and the crash must move faster. Why? Because the globalists cannot allow a Biden Administration (and by extension the globalists themselves) to be labeled as the culprits behind the crash. They would have to expedite the downturn in the early months of Biden’s first term so that the media can claim the crisis is an aftereffect of Trump’s presidency.
If Biden does enter the White House in 2021, expect a hard plunge in economic fundamentals almost immediately.
Another factor of a Biden presidency would be the near certainty of federally enforced pandemic lockdowns similar to those now being implemented in countries like France and Germany. Forget about the current state-by-state lockdown orders and nuances; Biden WILL attempt a national lockdown mandate because he is not held back by a need to appeal to a conservative and liberty minded constituency like Trump is. Biden will go for broke, and the economy will take another massive hit as more businesses go into bankruptcy at breakneck speed. And again, this would have to be implemented quickly so that Trump and conservatives can be blamed. They will claim harsh lockdowns “have to be pursued” because conservatives refused to accept them during the early stages of the pandemic.
In light of a Trump “win”, it is obvious that a second term would be used as an invitation for mass demonstrations and riots by extreme leftists, but, this threat doesn’t go away with Biden in office. Actually, the riots may become worse under Biden. The social justice cult will see Biden as a “malleable” and easily controlled political figure who will do anything to appease them. Biden will placate the hard left; not because he fears them, but because he has a role to play in this great Kabuki theater and it serves the interests of the globalist agenda at the moment.
Finally, if the establishment puts Biden in the White House it means they want national gun restrictions or outright confiscation within the first couple years of his term. Biden’s anti-2nd Amendment views are hardly ambiguous. With Trump, the chances of a gun grab are much slimmer (though he has voiced support for Red Flag laws in the past). Under Biden, the gun grab attempt will be swift. This threat along with Level 4 lockdowns on a national level would elicit the only logical response for conservatives – armed rebellion.
I do not think this is what the globalists want at this point in time. I do not think they have the capacity to handle it, and I do not think they would be able to get a majority of law enforcement and the military to go along with such policies. This is why I continue to believe they prefer Trump in office and that they will use economic decline and the “failure” of conservative policies as a false rationale for the “global reset” the elites seem to be so excited about.
Be warned, however, that if Biden ends up in office, this should be treated as a sign that a high speed collapse is on the way.
If you would like to support the work that Alt-Market does while also receiving content on advanced tactics for defeating the globalist agenda, subscribe to our exclusive newsletter The Wild Bunch Dispatch. Learn more about it HERE.
With global tensions spiking, thousands of Americans are moving their IRA or 401(k) into an IRA backed by physical gold. Now, thanks to a little-known IRS Tax Law, you can too. Learn how with a free info kit on gold from Birch Gold Group. It reveals how physical precious metals can protect your savings, and how to open a Gold IRA. Click here to get your free Info Kit on Gold.
You can contact Brandon Smith at:
brandon@alt-market.com
Or, follow me at Parler by searching: @Altmarket


investmentwatchblog--2020-10-29--WARREN gone full retard?

WARREN gone full retard?

Donald Trump threatens the existence of all human life & all life on the planet !

Donald Trump threatens the existence of all human life & all life on the planet!
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h/t JADR


investmentwatchblog--2020-10-29--Another one bites the dust: Journalism is truly dead

Greenwald resigns from the Intercept , the organisation he cofounded .
Because they wouldn ’ t let him publish anti-Biden Content .
Today I sent my intention to resign from The Intercept , the news outlet I co-founded in 2013 with Jeremy Scahill and Laura Poitras , as well as from its parent company First Look Media .
The final , precipitating cause is that The Intercept ’ s editors , in violation of my contractual right of editorial freedom , censored an article I wrote this week , refusing to publish it unless I remove all sections critical of @ @ @ @ @ @ @ candidate vehemently supported by all New-York-based Intercept editors involved in this effort at suppression .
The censored article , based on recently revealed emails and witness testimony , raised critical questions about Biden ’ s conduct .
Not content to simply prevent publication of this article at the media outlet I co-founded , these Intercept editors also demanded that I refrain from exercising a separate contractual right to publish this article with any other publication .
I had no objection to their disagreement with my views of what this Biden evidence shows : @ @ @ @ @ @ @ censored , I encouraged them to air their disagreements with me by writing their own articles that critique my perspectives and letting readers decide who is right , the way any confident and healthy media outlet would .
But modern media outlets do not air dissent ; they quash it .
So censorship of my article , rather than engagement with it , was the path these Biden-supporting editors chose .
The censored article will be published on this page shortly ( it is now published here , and the emails with Intercept @ @ @ @ @ @ @ .
My letter of intent to resign , which I sent this morning to First Look Media ’ s President Michael Bloom , is published below .
As of now , I will be publishing my journalism here on Substack , where numerous other journalists , including my good friend , the great intrepid reporter Matt Taibbi , have come in order to practice journalism free of the increasingly repressive climate that is engulfing national mainstream media outlets across the country .
This was not an easy choice : I am voluntarily sacrificing @ @ @ @ @ @ @ guaranteed salary in exchange for nothing other than a belief that there are enough people who believe in the virtues of independent journalism and the need for free discourse who will be willing to support my work by subscribing .
Like anyone with young children , a family and numerous obligations , I do this with some trepidation , but also with the conviction that there is no other choice .
I could not sleep at night knowing that I allowed any institution to censor what I want to say and believe — @ @ @ @ @ @ @ co-founded with the explicit goal of ensuring this never happens to other journalists , let alone to me , let alone because I have written an article critical of a powerful Democratic politician vehemently supported by the editors in the imminent national election .
But the pathologies , illiberalism , and repressive mentality that led to the bizarre spectacle of my being censored by my own media outlet are ones that are by no means unique to The Intercept .
These are the viruses that have contaminated virtually every mainstream center-left political organization @ @ @ @ @ @ @ I began writing about politics fifteen years ago with the goal of combatting media propaganda and repression , and — regardless of the risks involved — simply can not accept any situation , no matter how secure or lucrative , that forces me to submit my journalism and right of free expression to its suffocating constraints and dogmatic dictates .

Greenwald resigns from the Intercept, the organisation he cofounded. Because they wouldn’t let him publish anti-Biden Content.
Today I sent my intention to resign from The Intercept, the news outlet I co-founded in 2013 with Jeremy Scahill and Laura Poitras, as well as from its parent company First Look Media.
The final, precipitating cause is that The Intercept’s editors, in violation of my contractual right of editorial freedom, censored an article I wrote this week, refusing to publish it unless I remove all sections critical of Democratic presidential candidate Joe Biden, the candidate vehemently supported by all New-York-based Intercept editors involved in this effort at suppression.
The censored article, based on recently revealed emails and witness testimony, raised critical questions about Biden’s conduct. Not content to simply prevent publication of this article at the media outlet I co-founded, these Intercept editors also demanded that I refrain from exercising a separate contractual right to publish this article with any other publication.
I had no objection to their disagreement with my views of what this Biden evidence shows: as a last-ditch attempt to avoid being censored, I encouraged them to air their disagreements with me by writing their own articles that critique my perspectives and letting readers decide who is right, the way any confident and healthy media outlet would. But modern media outlets do not air dissent; they quash it. So censorship of my article, rather than engagement with it, was the path these Biden-supporting editors chose.
The censored article will be published on this page shortly (it is now published here, and the emails with Intercept editors showing the censorship are here). My letter of intent to resign, which I sent this morning to First Look Media’s President Michael Bloom, is published below.
As of now, I will be publishing my journalism here on Substack, where numerous other journalists, including my good friend, the great intrepid reporter Matt Taibbi, have come in order to practice journalism free of the increasingly repressive climate that is engulfing national mainstream media outlets across the country.
This was not an easy choice: I am voluntarily sacrificing the support of a large institution and guaranteed salary in exchange for nothing other than a belief that there are enough people who believe in the virtues of independent journalism and the need for free discourse who will be willing to support my work by subscribing.
Like anyone with young children, a family and numerous obligations, I do this with some trepidation, but also with the conviction that there is no other choice. I could not sleep at night knowing that I allowed any institution to censor what I want to say and believe — least of all a media outlet I co-founded with the explicit goal of ensuring this never happens to other journalists, let alone to me, let alone because I have written an article critical of a powerful Democratic politician vehemently supported by the editors in the imminent national election.
But the pathologies, illiberalism, and repressive mentality that led to the bizarre spectacle of my being censored by my own media outlet are ones that are by no means unique to The Intercept. These are the viruses that have contaminated virtually every mainstream center-left political organization, academic institution, and newsroom. I began writing about politics fifteen years ago with the goal of combatting media propaganda and repression, and — regardless of the risks involved — simply cannot accept any situation, no matter how secure or lucrative, that forces me to submit my journalism and right of free expression to its suffocating constraints and dogmatic dictates.


investmentwatchblog--2020-10-29--Large train derailment east of Beaumont forces evacuation of schools, residents

# BREAKING : Large train derailment east of Beaumont forces evacuation of schools , residents – this is in Mauriceville @ @ @ @ @ # KHOU pic.twitter.com/P7O1hbkYJz

#BREAKING: Large train derailment east of Beaumont forces evacuation of schools, residents – this is in Mauriceville near Orange, TX t.co/j0h3t8hoqt #KHOU pic.twitter.com/P7O1hbkYJz
— KHOU 11 News Houston (@KHOU) October 29, 2020


investmentwatchblog--2020-10-29--If these [Big Tech] companies all support the same candidate they will have the power to shift 15 mi

If these [Big Tech] companies all support the same candidate they will have the power to shift 15 million votes to that candidate

Voter fraud is real .
Google and FB do it every day with search manipulation .
Twitter does it with narrative control .
The real fraud was on display yesterday .
Even when the homeless man who pretends to have started Twitter states he can not influence elections .
Or as we regular folk call it… lies .
Here is the full pdf Dorsey Admits to Mob-Driven Censorship on Twitter : Twitter ’ s unofficial moderating system is based simply on whoever shows the most outrage .
“ We don ’ t have a general policy around misleading information and @ @ @ @ @ @ @ speech out.
” Twitter=Mob Rule .
Ted Cruz to Twatter – “ This is Nuts.
” Jack Does it Again – Suspends U.S. Border Chief ’ s Account “ Twitter suspended U.S. Customs and Border Protection ( CBP ) Commissioner Mark Morgan for a post celebrating the success of the U.S. southern border wall keeping violent criminals from reaching American communities .
According to screenshots shared exclusively with The Federalist , Twitter locked Morgan ’ s account Wednesday afternoon for apparently violating platform rules governing “ hateful conduct ” after the commissioner attempted @ @ @ @ @ @ @ benefits .
”

by Venus230
Voter fraud is real. Google and FB do it every day with search manipulation. Twitter does it with narrative control.
The real fraud was on display yesterday. Even when the homeless man who pretends to have started Twitter states he cannot influence elections. Or as we regular folk call it… lies.
Here is the full pdf
www.judiciary.senate.gov/imo/media/doc/Epstein%20Testimony.pdf
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Dorsey Admits to Mob-Driven Censorship on Twitter: Twitter’s unofficial moderating system is based simply on whoever shows the most outrage. “We don’t have a general policy around misleading information and misinformation… We rely upon people calling that speech out.” Twitter=Mob Rule.
Ted Cruz to Twatter – “This is Nuts.” Jack Does it Again – Suspends U.S. Border Chief’s Account
“Twitter suspended U.S. Customs and Border Protection (CBP) Commissioner Mark Morgan for a post celebrating the success of the U.S. southern border wall keeping violent criminals from reaching American communities.
According to screenshots shared exclusively with The Federalist, Twitter locked Morgan’s account Wednesday afternoon for apparently violating platform rules governing “hateful conduct” after the commissioner attempted to tweet about the wall’s benefits.”
thefederalist.com/2020/10/29/exclusive-twitter-suspends-u-s-border-chief-for-celebrating-walls-protection-from-illegal-aliens/


investmentwatchblog--2020-10-29--Dollar Tug Of War & Currency Wars: Some Currencies Are Down A LOT Against The US Dollar

by Jason Burack of Wall St For Main St Commit to tipping us monthly for our hard work creating high @ @ @ @ @ that includes interviews with top experts , analysis and short videos about investing and the @ @

by Jason Burack of Wall St For Main St
Jason talks about Currency Wars, Stagflate Tax Lie, Triffin’s Paradox and Dollar pegs.
We are primarily funded by readers. Please subscribe and donate to support us!
FULL SHOW NOTES AND LINKS HERE
Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy www.patreon.com/wallstformainst


investmentwatchblog--2020-10-29--Undecided and Biden voters? Are you better off now than you were after Bush and Obama’s first term?

Undecided and Biden voters? Are you better off now than you were after Bush and Obama’s first term? Amazing results.

Another great Jimmy Dore video .
He dismantled Nancy Pelosi on the one I posted the other night but this @ @ @ @ @ Americans were asked if you ’ re better off now compared to 2012 and 2004 @ @ @ @ @ are better off now .
Watch the video !
And this is by Jimmy Dore @ @ @ @ @ .

Another great Jimmy Dore video. He dismantled Nancy Pelosi on the one I posted the other night but this one is great. When Americans were asked if you’re better off now compared to 2012 and 2004, Most Americans said they are better off now. Watch the video! And this is by Jimmy Dore, a Progressive Democratic Comedian.
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AC


investmentwatchblog--2020-10-29--President Biden’s First 100 Days: America’s Dystopian Future | Glenn TV

With just a handful of days before the election , Glenn makes absolutely clear what we ’ re facing : @ @ @ @ @ November 3 , 2020 , as a movement-defining moment .
Every big government advance , @ @ @ @ @ to LBJ , will culminate in just a few short days if Biden wins .
@ @ @ @ @ day 101 and feel like they just woke up in someone else ’ s house @ @ @ @ @ completely unrecognizable .
Glenn reveals how socialists have been planning the total takeover of the @ @ @ @ @ how a “ war room ” has been created to make sure sweeping changes to @ @ @ @ @ if Democrats take back the presidency and Senate .
If they succeed , this will @ @ @ @ @ …

With just a handful of days before the election, Glenn makes absolutely clear what we’re facing: The radical Left has targeted November 3, 2020, as a movement-defining moment. Every big government advance, from Woodrow Wilson to FDR to LBJ, will culminate in just a few short days if Biden wins. America will wake up on day 101 and feel like they just woke up in someone else’s house. The country will be completely unrecognizable. Glenn reveals how socialists have been planning the total takeover of the Democrat Party for decades and how a “war room” has been created to make sure sweeping changes to the Constitution and country commence if Democrats take back the presidency and Senate. If they succeed, this will be their first 100 days …
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h/t Major Doom


investmentwatchblog--2020-10-29--The Largest Police Force In The Country To Use Dept. Of Defense Funded DNA Mugshots

Nearly two years ago , I wrote an article describing how police departments across the country were using Parabon Nanolabs , “ phenotyping ” to ID and arrest innocent people .
According to a NY Daily News article the New York Police Department ( NYPD ) is considering using Parabon to ID suspected criminals based on their DNA mugshot .
Parabon is full of praise at the prospect of having the largest police force in the country use their product to arrest suspected criminals based on DNA mugshots .
Apparently the New York State Department of Health never read the @ @ @ @ @ @ @ Just Seen a ( DNA-Generated ) Face ” story .
In 2015 , the NY Times asked 50 employees to identify reporter John Markoff ’ s phenotyping profile and the results speak for themselves ; not one of the fifty employees correctly identified him .
According to Parabon there is nothing to worry about because they use “ deep data mining and advanced machine learning ” to create DNA profiles ( mugshots ) .
The NYPD and law enforcement across the country are more than willing to use DNA mugshots funded by the @ @ @ @ @ @ @ shown to be extremely accurate.
” Nature.com notes that the accuracy of Parabon ’ s DNA mugshots is highly questionable .
“ It ’ s very limited , what we know about the face , and this particular company [ Parabon Nanolabs ] says they can predict it from DNA .
It ’ s pretty bad that they don ’ t publish how they do this and how they validated this , ” Manfred Kayser a DNA researcher at Erasmus University Medical Center in Rotterdam said .
Case in point : a recent @ @ @ @ @ @ @ that a Salt Lake City Police Department/Parabon snapshot looked nothing like the suspect arrested in the killing of Shelly Black .
If Parabon ’ s snapshots have not been peer-reviewed as Vulture.com said , then why are they using it to help ID unidentified children ?

by mapi
My heart sank when I read the news that the largest police force in the country was about to use highly questionable DNA mugshots.
Nearly two years ago, I wrote an article describing how police departments across the country were using Parabon Nanolabs, “phenotyping” to ID and arrest innocent people.
According to a NY Daily News article the New York Police Department (NYPD) is considering using Parabon to ID suspected criminals based on their DNA mugshot.
“Parabon in July won a green light from the state Department of Health, officials said. State rules require labs using DNA tests to make identifications in criminal cases to have Health Department approval, said department spokesman Jonah Bruno.”
Parabon is full of praise at the prospect of having the largest police force in the country use their product to arrest suspected criminals based on DNA mugshots.
“Having developed these tools over most of the past decade, it is gratifying for our team to receive this permit after passing NYS DoH’s [Department of Health’s] stringent review process,” said a statement from Dr. Ellen Greytak, Parabon’s director of bioinformatics.
Apparently the New York State Department of Health never read the NY Times, “I’ve Just Seen a (DNA-Generated) Face” story.
In 2015, the NY Times asked 50 employees to identify reporter John Markoff’s phenotyping profile and the results speak for themselves; not one of the fifty employees correctly identified him.
According to Parabon there is nothing to worry about because they use “deep data mining and advanced machine learning” to create DNA profiles (mugshots).
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“Over the past four years, using deep data mining and advanced machine learning algorithms in a specialized bioinformatics pipeline, Parabon — with funding support from the US Department of Defense (DoD) — developed the Snapshot Forensic DNA Phenotyping System, which accurately predicts genetic ancestry, eye color, hair color, skin color, freckling, and face shape in individuals from any ethnic background, even individuals with mixed ancestry.”
The NYPD and law enforcement across the country are more than willing to use DNA mugshots funded by the Department of Defense because phenotyping “was shown to be extremely accurate.”
“Snapshot was built by Parabon NanoLabs for the defense, security, justice, and intelligence communities with funding from the United States Defense Threat Reduction Agency. As part of the development and validation process, Snapshot was tested on thousands of out-of-sample genotypes and was shown to be extremely accurate.”
But is “Snapshot” phenotyping extremely accurate?
Nature.com notes that the accuracy of Parabon’s DNA mugshots is highly questionable.
“It’s very limited, what we know about the face, and this particular company [Parabon Nanolabs] says they can predict it from DNA. It’s pretty bad that they don’t publish how they do this and how they validated this,” Manfred Kayser a DNA researcher at Erasmus University Medical Center in Rotterdam said.
Case in point: a recent news story on Channel 2 KUTV revealed that a Salt Lake City Police Department/Parabon snapshot looked nothing like the suspect arrested in the killing of Shelly Black.
“The sketch, created by a company called Parabon NanoLabs, shows a Black man. The description on the sketch says his ancestry is African-American. Adam Durborrow, according to his booking information, is Asian.’
If Parabon’s snapshots have not been peer-reviewed as Vulture.com said, then why are they using it to help ID unidentified children?
Since 2017, the National Center for Missing & Exploited Children has been using Parabon’s snapshots to help them ID unidentified children.
“Our goal is to help give them their name back, and give their family some resolution. An accurate facial reconstruction is critical,” Carol Schweitzer, a supervisor for NCMEC’s missing children division said. “Our forensic artists tell us they know they have finished a reconstruction when they see a face staring back at them,” said Schweitzer. “Someone knows who these children are, and with Parabon’s help, we can show them a face they will hopefully recognize.” If a 2015 NY Times Parabon accuracy study, and a recent Salt Lake City misidentification of a suspected killer aren’t enough to make one question why any police department, let alone the largest police department in the country, would want to use it then police forensics in America really has become a laughing stock. Time and again we have seen America’s law enforcement use junk science to justify arresting innocent people of color. DNA mugshot’s should be at the top of the list of reasons as to why we need police reform.


investmentwatchblog--2020-10-29--Gold’s Parabolic Move Since 2018 Warrants a Longer Correction Now

We are joined on Metal Money by Nick Santiago , President and CEO of InTheMoneyStocks.com , as we discuss the @ @ @ @ @ for a year or two after its ‘ parabolic ’ move since 2018 .

Nick Santiago with Patrick V. on SBTV
We are primarily funded by readers. Please subscribe and donate to support us!
We are joined on Metal Money by Nick Santiago, President and CEO of InTheMoneyStocks.com, as we discuss the possibility of gold prices basing for a year or two after its ‘parabolic’ move since 2018.


investmentwatchblog--2020-10-29--I Was Wrong about Donald Trump, He Has My Vote This Time!

I didn ’ t vote for Donald Trump in 2016 .
And I was wrong .
Here ’ s the @ @ @

I didn’t vote for Donald Trump in 2016. And I was wrong. Here’s the Simple Truth.
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investmentwatchblog--2020-10-29--Why Your Company Needs a CRM Software to Grow Fast

Growth .
This is one word that makes us sit up and take notice .
When you own a business , this is the one word that you should always focus on .
When you make growth the centre of all your operations , you would be able to take stock of your efforts and resources in a very different way .
It would not always be about the profits you make for that day , that month or that quarter .
It would be all about the consumer base you have built and the brand you are building in @ @ @ @ @ @ @ we all must understand is that growth means different things for different people and hence , the CRM software you use would also depend on what growth means to you .
Before we actually consider the various kinds of CRM software out there and why a small business would need a free one , you should understand what CRM actually means .
CRM or customer relationship management is the culmination of your data handling framework and how it is aligned with the various functions to reach your business goals .
Or how it @ @ @ @ @ @ @ nutshell .
Let us now understand how your definition of growth can shape your goals and have a bearing on the kind of CRM software that you choose for yourself and your business .
Here are few different goals that business owners would have around growth , and how each one would have a bearing on CRM : • Organic Business Growth : This is one of the most important forms of growth that one could chase .
Organic growth is growth that happens in a natural way without extra spend or an @ @ @ @ @ @ @ This kind of growth is usually a slow yet steady one that sticks around on a more permanent basis .
This growth fuels long lasting brand recall and brand loyalty as well .
This kind of growth happens when you are in the process of creating products and services to cater to your specific market segment in the best possible way .
The choice of a CRM system would depend on what kind of a market you want to enter and how you want to position yourself .
The CRM strategy would be @ @ @ @ @ @ @ awareness more than anything else and a sales push would only come with pull marketing automation .
• Strategic Business Growth : As a business owner , you can either go into a market that is already established and try and sell products or services that the consumers have a taste for .
Or , you could go into uncharted territory so that you can tap into a whole new market .
The latter option is known as strategic business growth and it calls for a strategy based approach .
This would call @ @ @ @ @ @ @ need for the new product and to then create talk around the solution offered so that the new market and its customers can start warming up to the idea and the solution .
This would also include long term growth plans that would require to constantly chart success from one market to another so that you are able to attain strategic business growth .
With the right CRM software , you would be able to do so by organizing the data and leads accordingly .
• Partnered Business Growth : The business that @ @ @ @ @ @ @ as well as acquisitions where it gets added to existing brands , would ensure partnered business growth .
This kind of growth depends on how well you collaborate and integrate the various features and stakeholders of each other ’ s businesses so that you are growth bound in a more collaborative manner .
A well laid out strategy and plan that includes all the core focus areas of each partner would be the need of the hour here .
Accordingly , one would have to design and employ a CRM software that would @ @ @ @ @ @ @ in such a scenario .
The right CRM software would propel the growth prospects in this regard .
• Internal Business Growth : This is an important method of growth which would be fueled with the employment of the right tools in the right places .
Automation would be the name of the game here since the various months tasks would be set into a specific system that can lead to long term growth .
This is because a certain standard of operations would be set from the get go so as to @ @ @ @ @ @ @ .
This is especially for organizing businesses that are starting out with an eye on growth and scalability .
This is where the right CRM software would be able to help .
The right CRM software would be able to promote all of the above by giving you a number of benefits .
Yet , this does not have to be a particularly expensive affair since you can also avail free CRM for your CRM needs .
Here are the reasons why a small and growing business would need free CRM : • @ @ @ @ @ @ @ .
The CRM software would help you manage relationships with your customers and leads in a far more efficient manner than ever before .
Using a free CRM software would help you do this at a zero cost overrun so that you can start out by engaging with the existing small audience before you grow and get more customers too .
• Automation : With a free CRM software , you will be able to automate all the tasks without spending a penny .
This is good for a small team and you @ @ @ @ @ @ @ that will help you bring in larger teams with more members .
• Better Engagement : Overall , you would be able to engage in a far better way with your leads , prospects and customers so that a sure shot conversion can be made .
The free CRM software would give you the insights and data to do so .
Disclaimer : This content does not necessarily represent the views of IWB .

Growth. This is one word that makes us sit up and take notice. When you own a business, this is the one word that you should always focus on. When you make growth the centre of all your operations, you would be able to take stock of your efforts and resources in a very different way. It would not always be about the profits you make for that day, that month or that quarter. It would be all about the consumer base you have built and the brand you are building in the long run. Yet, what we all must understand is that growth means different things for different people and hence, the CRM software you use would also depend on what growth means to you.
Before we actually consider the various kinds of CRM software out there and why a small business would need a free one, you should understand what CRM actually means. CRM or customer relationship management is the culmination of your data handling framework and how it is aligned with the various functions to reach your business goals. Or how it charts your growth story, in a nutshell. Let us now understand how your definition of growth can shape your goals and have a bearing on the kind of CRM software that you choose for yourself and your business.
Here are few different goals that business owners would have around growth, and how each one would have a bearing on CRM:
We are primarily funded by readers. Please subscribe and donate to support us!
Organic Business Growth: This is one of the most important forms of growth that one could chase. Organic growth is growth that happens in a natural way without extra spend or an extra push from the business owner. This kind of growth is usually a slow yet steady one that sticks around on a more permanent basis. This growth fuels long lasting brand recall and brand loyalty as well. This kind of growth happens when you are in the process of creating products and services to cater to your specific market segment in the best possible way. The choice of a CRM system would depend on what kind of a market you want to enter and how you want to position yourself. The CRM strategy would be built on the basis of creating brand awareness more than anything else and a sales push would only come with pull marketing automation.
Strategic Business Growth: As a business owner, you can either go into a market that is already established and try and sell products or services that the consumers have a taste for. Or, you could go into uncharted territory so that you can tap into a whole new market. The latter option is known as strategic business growth and it calls for a strategy based approach. This would call for strategized action to first create the need for the new product and to then create talk around the solution offered so that the new market and its customers can start warming up to the idea and the solution. This would also include long term growth plans that would require to constantly chart success from one market to another so that you are able to attain strategic business growth. With the right CRM software, you would be able to do so by organizing the data and leads accordingly.
Partnered Business Growth: The business that grows on the basis of the partnerships as well as acquisitions where it gets added to existing brands, would ensure partnered business growth. This kind of growth depends on how well you collaborate and integrate the various features and stakeholders of each other’s businesses so that you are growth bound in a more collaborative manner. A well laid out strategy and plan that includes all the core focus areas of each partner would be the need of the hour here. Accordingly, one would have to design and employ a CRM software that would make for better and more efficient collaborations in such a scenario. The right CRM software would propel the growth prospects in this regard.
Internal Business Growth: This is an important method of growth which would be fueled with the employment of the right tools in the right places. Automation would be the name of the game here since the various months tasks would be set into a specific system that can lead to long term growth. This is because a certain standard of operations would be set from the get go so as to make everything more streamlined and smooth sailing. This is especially for organizing businesses that are starting out with an eye on growth and scalability. This is where the right CRM software would be able to help.
The right CRM software would be able to promote all of the above by giving you a number of benefits. Yet, this does not have to be a particularly expensive affair since you can also avail free CRM for your CRM needs. Here are the reasons why a small and growing business would need free CRM:
Building Relationships: As the name suggests. The CRM software would help you manage relationships with your customers and leads in a far more efficient manner than ever before. Using a free CRM software would help you do this at a zero cost overrun so that you can start out by engaging with the existing small audience before you grow and get more customers too.
Automation: With a free CRM software, you will be able to automate all the tasks without spending a penny. This is good for a small team and you can upgrade to an enterprise centric plan that will help you bring in larger teams with more members.
Better Engagement: Overall, you would be able to engage in a far better way with your leads, prospects and customers so that a sure shot conversion can be made. The free CRM software would give you the insights and data to do so.
Disclaimer: This content does not necessarily represent the views of IWB.


investmentwatchblog--2020-10-29--Former CFTC Chairman Admits Futures Can Be Used To Control (Gold & Silver) Prices

Gold and silver futures have been used for decades to control the price of gold and silver .
In fact , declassified letters ( which can be found in the GATA archive ) that bounced between Henry Kissinger and his advisors in the early 1970 ’ s discuss the need for a market mechanism to help control the price of gold .
Gold futures did not exist until 1974 , three years after Nixon closed the gold window , shortly after which the Fed began to print money .
The price of gold had more than quintupled between 1971 and @ @ @ @ @ @ @ .
A former CFTC Chairman , Christopher Giancarlo , was interviewed by CoinDesk a year ago .
In that interview , he likely inadvertently admitted in reference to the creation of Bitcoin futures that futures contracts can be used to manipulate markets for the purpose of implementing and achieving official Government policies : “ One of the untold stories of the past few years is that the CFTC , the Treasury , the SEC and the [ National Economic Council ] director at the time , Gary Cohn , believed that the launch @ @ @ @ @ @ @ of popping the bitcoin bubble .
And it worked.
” ( CoinDesk ) Wittingly or unwittingly , that assertion by Mr. Christopher vindicates the contention – led by GATA starting in over 20 years ago and backed by reams of evidence – that gold and silver have been manipulated as part of official Government and Central Bank policy implementation to support fiat currencies and the dollar ’ s role as the reserve currency .
As an aside , I find it curious that Mr. Christopher states that the Government specifically identified Bitcoin as @ @ @ @ @ @ @ .
Ever since the dot.com bubble of the late 1990 ’ s , every Federal Reserve Chairman and FOMC member , starting with Alan Greenspan , as been adamant that investment bubbles are impossible to identify until AFTER they ’ ve popped .
Yet , here is a former high level Government regulatory official explicitly stating that Bitcoin was not only identified as a bubble but that it needed to be deflated .

by Dave Kranzler of Investment Research Dynamics
Gold and silver futures have been used for decades to control the price of gold and silver. In fact, declassified letters (which can be found in the GATA archive) that bounced between Henry Kissinger and his advisors in the early 1970’s discuss the need for a market mechanism to help control the price of gold. Gold futures did not exist until 1974, three years after Nixon closed the gold window, shortly after which the Fed began to print money. The price of gold had more than quintupled between 1971 and 1974.
Fast forward to present times. A former CFTC Chairman, Christopher Giancarlo, was interviewed by CoinDesk a year ago. In that interview, he likely inadvertently admitted in reference to the creation of Bitcoin futures that futures contracts can be used to manipulate markets for the purpose of implementing and achieving official Government policies:
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“One of the untold stories of the past few years is that the CFTC, the Treasury, the SEC and the [National Economic Council] director at the time, Gary Cohn, believed that the launch of bitcoin futures would have the impact of popping the bitcoin bubble. And it worked.” (CoinDesk)
Wittingly or unwittingly, that assertion by Mr. Christopher vindicates the contention – led by GATA starting in over 20 years ago and backed by reams of evidence – that gold and silver have been manipulated as part of official Government and Central Bank policy implementation to support fiat currencies and the dollar’s role as the reserve currency.
As an aside, I find it curious that Mr. Christopher states that the Government specifically identified Bitcoin as a bubble that needed to be deflated. Ever since the dot.com bubble of the late 1990’s, every Federal Reserve Chairman and FOMC member, starting with Alan Greenspan, as been adamant that investment bubbles are impossible to identify until AFTER they’ve popped. Yet, here is a former high level Government regulatory official explicitly stating that Bitcoin was not only identified as a bubble but that it needed to be deflated.


investmentwatchblog--2020-10-29--DID THE ECONOMIST AID A CHINESE COMMUNIST INFLUENCE OPERATION?:

On Oct. 26 , the Washington Free Beacon published a hard-hitting investigative article exposing a truly appalling and destructive example @ @ @ @ @ long-term war on free societies , in this case using influence and information as weapons @ @ @ @ @ s bottom-line accusation : Chinese money bought advantageous ( euphemized ) treatment , if not @ @ @ @ @ positive editorial attitude in a news and business journal long regarded as one of the @ @ @ @ @ — influential in terms of its editorial acumen , erudite reporting and savvy story selection @ @ @ @ @ international subscriber base is well educated , wealthy and connected .
It appears the CCP @ @ @ @ @ ’ s purveyors of influence and did so not in one or two instances but @ @ @ @ @ The CCP wasn ’ t simply targeting The Economist .
Huawei has tried to coopt @ @ @ @ @ Economist allegedly influences the influencers in capital cities around the planet , which gives it @ @ @

via strategypage:
On Oct. 26, the Washington Free Beacon published a hard-hitting investigative article exposing a truly appalling and destructive example of communist China’s long-term war on free societies, in this case using influence and information as weapons.
More:
The Free Beacon’s bottom-line accusation: Chinese money bought advantageous (euphemized) treatment, if not favorable news coverage and a positive editorial attitude in a news and business journal long regarded as one of the world’s most influential — influential in terms of its editorial acumen, erudite reporting and savvy story selection. The Economist’s international subscriber base is well educated, wealthy and connected.
It appears the CCP managed to influence The Economist’s purveyors of influence and did so not in one or two instances but for eight critical years. The CCP wasn’t simply targeting The Economist. Huawei has tried to coopt media everywhere. But The Economist allegedly influences the influencers in capital cities around the planet, which gives it unique leverage.


investmentwatchblog--2020-10-29--Federal Debt Tops $27 Trillion for First Time

( CNSNews.com ) – The debt of the federal government topped $ 27 trillion for the first time on Thursday @ @ @ @ @ it climbed from an opening balance of $ 26,945,391,194,615.15 to a closing balance of $ @ @ @ @ @ published by the U.S. Treasury Department .
The table below from the Treasury Department ’ @ @ @ @ @ Penny ” page shows the value of the federal debt at the close of business @ @ @ @ @ twelve business days :

(CNSNews.com) – The debt of the federal government topped $27 trillion for the first time on Thursday, October 1, when it climbed from an opening balance of $26,945,391,194,615.15 to a closing balance of $27,026,921,935,432.41, according to data published by the U.S. Treasury Department.
The table below from the Treasury Department’s “Debt to the Penny” page shows the value of the federal debt at the close of business on each of the last twelve business days:
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www.cnsnews.com/article/washington/terence-p-jeffrey/federal-debt-tops-27-trillion-first-time


investmentwatchblog--2020-10-29--France raises attack alert level to highest possible! Car bomb attack near church foiled by police!

BREAKING – Afghan armed with a 30 centimeter-long knife has been just arrested in # Lyon , # France .
@ @ @ @ @ of a terrorist bomb attack that left 13 people injured in 2019 .

BREAKING – Afghan armed with a 30 centimeter-long knife has been just arrested in #Lyon, #France. The street was the scene of a terrorist bomb attack that left 13 people injured in 2019.
— Disclose.tv 🚨 (@disclosetv) October 29, 2020


investmentwatchblog--2020-10-29--Super Bowl Will Have 20% Capacity Only

Super Bowl Will Have 20% Capacity Only

ESPN reports that the # NFL is now planning for 20 % capacity at the # SuperBowl .
t.co/BzpibAkjAt The @ @ @ @ @ its plans regarding Super Bowl LV in Tampa .
The league is now planning for @ @ @ @ @ stadium , ESPN reports .
Crowds at football games this year have been mixed , @ @ @ @ @ fans and some not allowing any guests .
ESPN ’ s Adam Schefter also reports @ @ @ @ @ added to this regular season , the off week would be eliminated and Super Bowl @ @ @ @ @ 7 .
Tampa is set to host the Super Bowl , and just last month @ @ @ @ @ preparing for a full house .

ESPN reports that the #NFL is now planning for 20% capacity at the #SuperBowl . t.co/BzpibAkjAt
The NFL has revealed some of its plans regarding Super Bowl LV in Tampa. The league is now planning for 20% capacity at the stadium, ESPN reports.
Crowds at football games this year have been mixed, with some teams allowing limited fans and some not allowing any guests.
ESPN’s Adam Schefter also reports if a Week 18 is added to this regular season, the off week would be eliminated and Super Bowl LV would stay on February 7.
Tampa is set to host the Super Bowl, and just last month the NFL said it was preparing for a full house.