investmentwatchblog--2020-09-25--Unprecedented Monetary Overhaul: Fed Preparing To Deposit Digital Dollars Directly To Each American

The Fed has plans to create a hybrid digital legal tender , which differs from reserves that are stuck within the financial system , in that way , it could make direct deposits into US consumer accounts .
How is that different from the previous forms of helicopter money ?
Essentially , it isn ’ t .
Apart from the consideration that it would have direct access to consumers information regarding transactions and any other monetary proceedings .
Nothing major , right ?
Furthermore , Loretta Mester , Cleveland Fed president , has publicly stated in the Chicago Payment Symposium @ @ @ @ @ @ @ Digital Currencies that the experience with the current health-crisis-related emergency payments “ has brought forward an idea that was already gaining increased attention at central banks around the world , that is , central bank digital currency ( CBDC ) ” .
And after the unexpected reveal , she goes on explaining that the “ legislation has proposed that each American have an account at the Fed in which digital dollars could be deposited , as liabilities of the Federal Reserve Banks , which could be used for emergency payments.
” The boldness @ @ @ @ @ @ @ their proposal doesn ’ t end there .
By launching in digital cash , the institution would manage to find a way to eliminate the “ anonymous ” physical currency in its entirety , and then be able to track every single banknote that they have created , knowing the destination of every transaction ever made during the whole time it was in action .
And , at some point , the Fed could not only exterminate the digital currency when it becomes convenient , as it could practically disintermediate commercial banks because @ @ @ @ @ @ @ and also deposit funds into their accounts directly , that is to say , the would have the power to make the whole traditional banking system obsolete .
So here we quote Loretta Mester ’ s detailing of the program ’ s functioning , published on the Cleveland Fed website , which explains that the proposal “ would create a new payments instrument , digital cash , which would be just like the physical currency issued by central banks today , but in a digital form and , potentially , without the anonymity @ @ @ @ @ @ @ can crack the public ’ s privacy data as they please .
She continues outlining that “ depending on how these currencies are designed , central banks could support them without the need for commercial bank involvement via direct issuance into the end-users ’ digital wallets combined with central-bank-facilitated transfer and redemption services , ” also acknowledging that it has the potential to separate itself from the current banking system and possibly crash its entire operation if it ever becomes fitting to their goals .
With all the evidence on the table , @ @ @ @ @ @ @ the strategy of depositing digital dollars to all Americans gives the Fed powers that were once exclusive to Congress , meaning that they would be able to concede fiscal stimulus at its will , therefore , it will possibly boost a spectacular reflationary spike , since it is the lower-income segments of the American society that are the marginal price setters for economic goods and services .
The bank will have the perfect excuse to constantly keep the inflation high , while the American standard of living crumbles to the benefit of a @ @ @ @ @ @ @ avoid being swallowed up by the huge federal debt , as ZeroHedge cleverly pointed out “ the Fed is now finalizing the last steps of a process that revolutionizes the entire fiat monetary system , launching digital dollars which effectively remove commercial banks as financial intermediaries , as they will allow the Fed itself to make direct deposits into Americans ’ “ digital wallets ” , in the process also making Congress and the entire Legislative branch redundant , as a handful of technocrats quietly take over the United States.
” So don @ @ @ @ @ @ @ money will come without consequences , because this proposal will likely end the monetary freedom of the whole population , while it acts as a new surveillance system .

The Fed has plans to create a hybrid digital legal tender, which differs from reserves that are stuck within the financial system, in that way, it could make direct deposits into US consumer accounts. How is that different from the previous forms of helicopter money? Essentially, it isn’t. Apart from the consideration that it would have direct access to consumers information regarding transactions and any other monetary proceedings. Nothing major, right?
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Furthermore, Loretta Mester, Cleveland Fed president, has publicly stated in the Chicago Payment Symposium, in a section titled Central Bank Digital Currencies that the experience with the current health-crisis-related emergency payments “has brought forward an idea that was already gaining increased attention at central banks around the world, that is, central bank digital currency (CBDC)”. And after the unexpected reveal, she goes on explaining that the “legislation has proposed that each American have an account at the Fed in which digital dollars could be deposited, as liabilities of the Federal Reserve Banks, which could be used for emergency payments.”
The boldness – to say the least – of their proposal doesn’t end there. By launching in digital cash, the institution would manage to find a way to eliminate the “anonymous” physical currency in its entirety, and then be able to track every single banknote that they have created, knowing the destination of every transaction ever made during the whole time it was in action. And, at some point, the Fed could not only exterminate the digital currency when it becomes convenient, as it could practically disintermediate commercial banks because it would concede loans to US consumers and also deposit funds into their accounts directly, that is to say, the would have the power to make the whole traditional banking system obsolete.
So here we quote Loretta Mester’s detailing of the program’s functioning, published on the Cleveland Fed website, which explains that the proposal “would create a new payments instrument, digital cash, which would be just like the physical currency issued by central banks today, but in a digital form and, potentially, without the anonymity of physical currency,” admitting they can crack the public’s privacy data as they please. She continues outlining that “depending on how these currencies are designed, central banks could support them without the need for commercial bank involvement via direct issuance into the end-users’ digital wallets combined with central-bank-facilitated transfer and redemption services,” also acknowledging that it has the potential to separate itself from the current banking system and possibly crash its entire operation if it ever becomes fitting to their goals.
With all the evidence on the table, it’s possible to understand that the strategy of depositing digital dollars to all Americans gives the Fed powers that were once exclusive to Congress, meaning that they would be able to concede fiscal stimulus at its will, therefore, it will possibly boost a spectacular reflationary spike, since it is the lower-income segments of the American society that are the marginal price setters for economic goods and services.
The bank will have the perfect excuse to constantly keep the inflation high, while the American standard of living crumbles to the benefit of a small group of asset holders. To avoid being swallowed up by the huge federal debt, as ZeroHedge cleverly pointed out “the Fed is now finalizing the last steps of a process that revolutionizes the entire fiat monetary system, launching digital dollars which effectively remove commercial banks as financial intermediaries, as they will allow the Fed itself to make direct deposits into Americans’ “digital wallets”, in the process also making Congress and the entire Legislative branch redundant, as a handful of technocrats quietly take over the United States.” So don’t be misled by thinking their money will come without consequences, because this proposal will likely end the monetary freedom of the whole population, while it acts as a new surveillance system.


investmentwatchblog--2020-09-25--The 2020 Election – Buckel Up for the Most Corrupt & Violent Election in History

Already , the FBI has recovered ballots for Trump that were discarded in Pennsylvania .
They can even attribute some to specific people voting .
The Republicans are already appealing Pennsylvania which is demonstrating how the Democrats are planning to try to win the election by fraud .
Besides already being caught throwing away mail-in ballots for Trump , Pennsylvania has gone as far as to allow mail-in ballots beyond election day .
If they need to change the results , they simply will stuff the ballots .
I warned back in February when Pelosi tore up Trump ’ s @ @ @ @ @ @ @ The government has ceased to function.
” Pelosi ’ s actions are simply unprofessional and they will already blame Russia if Trump wins in the real polls .
I have been warning that “ [ o ] ur model shows that 2020 will be the most violent political election since the 1960s.
” We have nothing but violence and chaos and cities are no longer safe to live in between the police actions , protests , and lockdowns .
We can see that the Democrats have unleashed absolute hatred .
For decades , @ @ @ @ @ @ @ for won , it was no big deal .
We went about our lives .
This time is different .
The Democrats are working in tandem with this globalist agenda to subjugate all freedoms and impose dictatorial socialistic policies that will lead to civil war .
Democracy is not about the majority oppressing the minority – but that is the way they see it .
Obama won the elections with only 51.1 % of the popular vote yet these people act as if they have a mandate to oppress the remaining 48.9 % @ @ @ @ @ @ @ without 2/3rds of the senate .
Yet these people intend to convert the United States into a socialist Utopia if they get just 50.5 % !
This should be illegal .
No politicians should have such power to alter the economy in this manner .
This is the Supreme Court ’ s fault because it has never ruled on class discrimination .
Here we have Zuckerberg pretending to be an independent journalist and at the same time saying he will remove anything political , that is pro-Trump if in his personal view the @ @ @ @ @ @ @ , and he is part of the problem .

by Martin Armstrong
Already, the FBI has recovered ballots for Trump that were discarded in Pennsylvania. They can even attribute some to specific people voting. The Republicans are already appealing Pennsylvania which is demonstrating how the Democrats are planning to try to win the election by fraud. Besides already being caught throwing away mail-in ballots for Trump, Pennsylvania has gone as far as to allow mail-in ballots beyond election day. If they need to change the results, they simply will stuff the ballots.
I warned back in February when Pelosi tore up Trump’s State of the Union Address: “The government has ceased to function.” Pelosi’s actions are simply unprofessional and they will already blame Russia if Trump wins in the real polls. I have been warning that “[o]ur model shows that 2020 will be the most violent political election since the 1960s.” We have nothing but violence and chaos and cities are no longer safe to live in between the police actions, protests, and lockdowns.
We are primarily funded by readers. Please subscribe and donate to support us!
We can see that the Democrats have unleashed absolute hatred. For decades, if the person you did not vote for won, it was no big deal. We went about our lives. This time is different. The Democrats are working in tandem with this globalist agenda to subjugate all freedoms and impose dictatorial socialistic policies that will lead to civil war. Democracy is not about the majority oppressing the minority – but that is the way they see it.
Obama won the elections with only 51.1% of the popular vote yet these people act as if they have a mandate to oppress the remaining 48.9%. You cannot impeach a president without 2/3rds of the senate. Yet these people intend to convert the United States into a socialist Utopia if they get just 50.5%! This should be illegal. No politicians should have such power to alter the economy in this manner. This is the Supreme Court’s fault because it has never ruled on class discrimination.
Here we have Zuckerberg pretending to be an independent journalist and at the same time saying he will remove anything political, that is pro-Trump if in his personal view the elections go into chaos. They will, and he is part of the problem.


investmentwatchblog--2020-09-25--Black Market & Gold

Black Market & Gold

QUESTION : Mr. Armstrong , If this “ Great Reset ” movement pushes gold underground , what would that mean for gold producers ?
I recall reading on your blog that when gold was confiscated in the United States to devalue the Dollar , gold producers were happy because governments started buying their product at a fixed price which allowed the producers to avoid market risk .
Do you see a similar pattern emerge from those wishing to enforce a digital currency ?
Is there a risk that producers would be forced to shut down ?
Certainly , the closely-linked @ @ @ @ @ @ @ them to sabotage ?
Thank you as always for the great insight that you provide .
Looking forward to the full gold report .
JR ANSWER : This time it will be different for they have no intention of backing any currency with gold .
To do so means they can not enjoy the objective of this New Green Socialist World Order .
They need to be able to create money as needed , hence MMT .
They are doing this because of ( 1 ) the Sovereign Debt Crisis since they can @ @ @ @ @ @ @ which means there is a threat where they will be unable to roll the debt perpetually as they have been doing , ( 2 ) there is the Monetary Crisis Cycle also coming into play .
They believe that if they cancel all currency and force everyone into digital , then that will not only end bank runs , but it will end the black market from working under the table , tips that are not declared , to drug dealing and prostitution .
As I have reported before , in Rome , @ @ @ @ @ @ @ could not pay a prostitute with a coin that had the image of the emperor – which they all did .
The solution was to create prostitute tokens .
You bought the token , paid the prostitute with that , and later she redeemed the token for coins .
There is always going to be some black market .
I would suspect it will be primarily built on barter .
There is also the possibility that private money will emerge as it did during the American Civil War , German hyperinflation , and @ @ @ @ @ @ @ Scrip .
I will be detailing these changes in events in the upcoming Gold Report .

by Martin Armstrong
QUESTION: Mr. Armstrong,
If this “Great Reset” movement pushes gold underground, what would that mean for gold producers? I recall reading on your blog that when gold was confiscated in the United States to devalue the Dollar, gold producers were happy because governments started buying their product at a fixed price which allowed the producers to avoid market risk. Do you see a similar pattern emerge from those wishing to enforce a digital currency? Is there a risk that producers would be forced to shut down? Certainly, the closely-linked copper production industry is too valuable for them to sabotage?
Thank you as always for the great insight that you provide. Looking forward to the full gold report.
JR
ANSWER: This time it will be different for they have no intention of backing any currency with gold. To do so means they cannot enjoy the objective of this New Green Socialist World Order. They need to be able to create money as needed, hence MMT. They are doing this because of (1) the Sovereign Debt Crisis since they can no longer borrow at absurdly low rates which means there is a threat where they will be unable to roll the debt perpetually as they have been doing, (2) there is the Monetary Crisis Cycle also coming into play.
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They believe that if they cancel all currency and force everyone into digital, then that will not only end bank runs, but it will end the black market from working under the table, tips that are not declared, to drug dealing and prostitution. As I have reported before, in Rome, they passed a law that said you could not pay a prostitute with a coin that had the image of the emperor – which they all did. The solution was to create prostitute tokens. You bought the token, paid the prostitute with that, and later she redeemed the token for coins.
There is always going to be some black market. I would suspect it will be primarily built on barter. There is also the possibility that private money will emerge as it did during the American Civil War, German hyperinflation, and during the Great Depression known as Depression Scrip.
I will be detailing these changes in events in the upcoming Gold Report.


investmentwatchblog--2020-09-25--Chris Martenson: Economic Impact of Second Covid Lockdowns Will Be Severe

The UK health Minister confirms that he doesn ’ t understand the concept of false positive math .
Australia goes full-lockdown despite practically no hospital loading .
The media is busy mashing up terms and confusing the landscape using ‘ cases ’ when it means ‘ positive PCR tests ’ and Covid-19 when it means SARS-CoV-2 .
What ’ s going on here ?
Sadly it seems like science , logic and common sense are being scooted to the back of the theater while ignorance and bad policy are combining to assure that in the three way balancing act the @ @ @ @ @ @ @ ’ s a second wave that we should fear , but it ’ s the second wave of damage for the economy being brought about by an inappropriate amount of attention being placed upon positive tests .
Finally , when it comes to Covid , blood group type doesn ’ t seem relevant ( data presented ) and N-Acetyl-Cysteine does confer any benefit to hospitalized patients ( confirming , in a round-about way , the Bradykinin hypothesis ) .
Christopher Martenson is a former American biochemical scientist .
Currently he is a writer @ @ @ @ @ @ @ regarding the economy , energy composition and environment .
He is the founder of PeakProsperity.com .
As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance , Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course .
Chris ’ latest book ( co-authored with Adam Taggart ) is called Prosper !
: How to Prepare for the Future and Create a World Worth Inheriting .

Peak Prosperity, Released on 9/24/20
The UK health Minister confirms that he doesn’t understand the concept of false positive math. Australia goes full-lockdown despite practically no hospital loading. The media is busy mashing up terms and confusing the landscape using ‘cases’ when it means ‘positive PCR tests’ and Covid-19 when it means SARS-CoV-2. What’s going on here? Sadly it seems like science, logic and common sense are being scooted to the back of the theater while ignorance and bad policy are combining to assure that in the three way balancing act the economy gets ruined. Yes, there’s a second wave that we should fear, but it’s the second wave of damage for the economy being brought about by an inappropriate amount of attention being placed upon positive tests. Finally, when it comes to Covid, blood group type doesn’t seem relevant (data presented) and N-Acetyl-Cysteine does confer any benefit to hospitalized patients (confirming, in a round-about way, the Bradykinin hypothesis).
We are primarily funded by readers. Please subscribe and donate to support us!
Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris’ latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.


investmentwatchblog--2020-09-26--Declining UV light on the N. Hemisphere. Winter is coming

Declining UV light on the N. Hemisphere .
Winter is coming t.co/qfhRx8dxwf

Declining UV light on the N. Hemisphere. Winter is coming t.co/qfhRx8dxwf
— Gregor Peter (@L0gg0l) September 25, 2020


investmentwatchblog--2020-09-26--The Japanification of eurozone is almost complete. The US is next.

The Japanification of eurozone is almost complete .
The US is next .
t.co/9aLLQL7hCj Foreign investors now own the lowest @ @ @ @ @ in 20 yrs .
The Fed is increasingly becoming the buyer of last resort .
@ @ @ @ @ Gold.t.co/yw0PmGmYxr pic.twitter.com/Ac43B41yyw

The Japanification of eurozone is almost complete. The US is next. t.co/9aLLQL7hCj
A dangerous convergence.
Foreign investors now own the lowest % of marketable US Treasuries in 20 yrs.
Meanwhile:
The Fed is increasingly becoming the buyer of last resort.
This trend appears irreversible.
It all points back to Gold.t.co/yw0PmGmYxr pic.twitter.com/Ac43B41yyw
— Otavio (Tavi) Costa (@TaviCosta) September 25, 2020


investmentwatchblog--2020-09-26--CLOs are collapsing, USD is rebounding

CLOs are collapsing, USD is rebounding

If you are a USD bear , how can you look at this weekly candle and not pee yourself just @ @ @ @

If you are a USD bear, how can you look at this weekly candle and not pee yourself just a little bit?
Honest question. pic.twitter.com/NN7kYMHAM1
— Travis Kimmel (@coloradotravis) September 25, 2020


investmentwatchblog--2020-09-26--Gerald Celente: Presidential Reality Show, Masks, No Masks, Lockdowns, No Lockdowns

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute .
He is the author of @ @ @ @ @ : How to Prepare for and Profit from the Changes of the 21st Century and @ @ @ @ @ Trends Journal newsletter .
Gerald Celente is a political atheist .
Unencumbered by political dogma @ @ @ @ @ wisdom , Celente , whose motto is “ think for yourself , ” observes and @ @ @ @ @ future trends for what they are – not for the way he wants them to @ @ @ @ @ earned his reputation as “ The most trusted name in trends ” by accurately forecasting @ @ @ @ @ , consumer , environmental , economic , political , entertainment , and technology trends .

Trends Research, Released on 9/24/20
We are primarily funded by readers. Please subscribe and donate to support us!
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom, Celente, whose motto is “think for yourself,” observes and analyzes the current events forming future trends for what they are – not for the way he wants them to be. Gerald Celente has earned his reputation as “The most trusted name in trends” by accurately forecasting hundreds of social, business, consumer, environmental, economic, political, entertainment, and technology trends.


investmentwatchblog--2020-09-26--WeChat in the Crosshairs & Airlines on the Edge

Officials in the US Department of Justice have placed Chinese messaging app WeChat in their crosshairs as the Trump administration @ @ @ @ @ on technology from the People ’ s Republic .
We analyze on ongoing Sino-US tech @ @ @ @ @ mean for transpacific tensions with a US presidential election looming .
Then we take a @ @ @ @ @ a look at the state of world markets following a week of twists and turns @ @ @ @ @ sector .
Plus , the growing tension with China comes at a time when several @ @ @ @ @ economy are on edge in the wake of the COVID-19 pandemic .
We bring you @ @ @ @ @ of the ailing airline sector and whether or not the industry could see major stimulus @ @ @ @ @

Officials in the US Department of Justice have placed Chinese messaging app WeChat in their crosshairs as the Trump administration has sought to crack down on technology from the People’s Republic. We analyze on ongoing Sino-US tech fight and what the plans mean for transpacific tensions with a US presidential election looming. Then we take a spin around the globe for a look at the state of world markets following a week of twists and turns, especially in the technology sector. Plus, the growing tension with China comes at a time when several major sectors in the US economy are on edge in the wake of the COVID-19 pandemic. We bring you the latest on the state of the ailing airline sector and whether or not the industry could see major stimulus in the coming weeks.
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-09-26--A Value Investor In A World Of Subsidized Binge Borrowing, Extreme Indebtedness And Stock Buybacks

Claudio Grass ( CG ) : In this surreal policy environment , how has the role and the investment process of the value investor evolved , especially over the last decade ?
How can one still identify value in a world of subsidized binge borrowing , extreme indebtedness , and stock buybacks ?
Robert Mark ( RM ) : The patriarch of value investing , Ben Graham , once said , “ In the short run the market is a voting machine , but in the long run it is a weighing machine.
” As markets have evolved into modern @ @ @ @ @ @ @ s analogy remains true .
Short-term , stock markets are beauty pageants .
Speculators continue to vote for the Wall Street darlings .
On the other end sits the weighing machine which measures the future earnings of a business .
As a value investor , my role is to focus on the weighing machine despite the party over at the voting machine .
Binge borrowing , extreme indebtedness , and stock buybacks all feed into the emotions of the voting machine .
Value does exist in certain pockets of the market , but @ @ @ @ @ @ @ at their own pace .
CG : Many mainstream analysts and commentators have rushed to declare value investing obsolete , especially following the recent losses suffered by value giant Warren Buffet .
Could it be that the markets have become too distorted by central bank policies and by algorithms to identify value or is this assessment simply too simplistic and naive ?
RM : Warren Buffett and his company Berkshire Hathaway have come in for criticism from those sitting in the bleacher seats— ” too big , too slow , too old-fashioned ” @ @ @ @ @ @ @ the S & P 500 in 2019 , and 2020 is looking just as bad .
Instead of highlighting Berkshire ’ s fortress-like balance sheet , critics argue that Buffett needs to fundamentally rethink his mix of businesses and investments .
Berkshire Hathaway ’ s cash position has increased to about $ 140 billion , but to the surprise of many , Buffett did not deploy any of that dry powder during the market ’ s plunge in March .
He did not see “ anything attractive.
” In short , yes-central bank @ @ @ @ @ @ @ and any number of factors are distorting the markets and will continue to distort markets .
We can not choose the game to play , but we can play the game by our own rules .
Buffett ’ s job is to remain focused on the weighing machine , not the voting machine… which is exactly what one would expect from a value investor .
Buffett built Berkshire Hathaway to reward investors over time , but not on time .
Investing always involves making decisions under uncertainty .
We never know what the @ @ @ @ @ @ @ , but value investors understand that if they vote for assets rather than patiently weighing their potential investments , they run the real risk of permanently destroying their investment capital .
CG : Aside from the obvious economic concerns , we ’ re also seeing a lot of turbulence in the geopolitical and social fronts , from US-China relations to internal social unrest in much of the western world .
Do you see real risks there too and did you have to adjust your own investment approach to account for them ?
RM @ @ @ @ @ @ @ words : margin of safety .
Our psychology is critical to the investment process .
For example , if an investor loses confidence and has made too many mistakes recently , it becomes very easy to say , “ I can ’ t stand being down more than this.
” Therefore , we believe in being conservative all the time—by being both a patient buyer and a disciplined seller .
If we do so , we ensure a margin of safety in our investments .
We frequently reference another quote from Benjamin Graham @ @ @ @ @ @ @ An investment operation is one which , upon thorough analysis , promises safety of principal and an adequate return .
Operations not meeting these requirements are speculative.
” We do not speculate , we invest .
And when we invest , we demand a margin of safety .
Back in 2002 , Secretary of Defense Donald Rumsfeld used the phrase “ There are known unknowns and unknown unknowns ” during a news briefing about the lack of evidence linking the government of Iraq with the supply of weapons of mass destruction to terrorist @ @ @ @ @ @ @ of scratched their head at these linguistic gymnastics .
Known unknowns are risks you are aware of , while unknown unknowns are risks that come from situations that are so unexpected that they are not even considered .
We always see very real risks when investing but try to account for these risks in the quality of the companies we select and the margin of safety we apply to our estimate of fair value .
CG : A lot has been said and written about the rally in precious metals and the reasons @ @ @ @ @ @ @ is driving it and what is your view on the role of gold in an investment portfolio ?
RM : One can readily point to any number of reasons as to why gold is moving ‘ higher ’ over short periods of time , beginning with a loss of confidence in central banks or the soundness of one ’ s currency or negative real interest rates .
However , we forget that over time , gold is not moving higher but rather our currencies are losing value against gold .
Or at least @ @ @ @ @ @ @ .
As for the role of gold in one ’ s investment portfolio , you are preaching to the choir .
So yes , I absolutely believe in the value gold provides to one ’ s asset allocation .
Personally , I first started buying physical gold in the summer of 2000 , when I walked into a local jewelry store and asked the owner if he sold gold coins .
He laughed and said that he did sell gold coins , but it had been about ten years since he last sold @ @ @ @ @ @ @ , I found the jeweler ’ s response interesting .
CG : In the last few years , we ’ ve witnessed the rise of the amateur investor , facilitated by popular apps and zero-commission brokers , and this trend was drastically accelerated during the lockdowns .
Are you concerned about this wave of inexperienced investors entering the market en masse and making bets they don ’ t really understand , with money they can ’ t afford to lose ?
Do think this has the potential to have a wider impact on @ @ @ @ @ @ @ little doubt in my mind that the advent of Robinhood and zero commissions at the online brokerage firms like Charles Schwab has certainly generated a lot of excitement .
A new generation of retail investors are at the voting booth and chasing the prettiest candidates that Wall Street has to offer .
I watched in shocked amusement when a U.S. federal judge approved plans for bankrupt rental car company Hertz to sell $ 1 billion in stock AFTER the company filed for bankruptcy and HTZ stock increased tenfold .
Another example that comes @ @ @ @ @ @ @ real estate company in one day jumped 1300 % on no news .
The company ’ s name is Fangdd Network Group , which is similar to the popular acronym “ FAANG , ” representing Facebook , Apple , Amazon , Netflix , and Google .
FAANG shares were up that day ; therefore , I guess that a number of new traders somehow believed that Fangdd should trade higher as well .
I have no issue with new retail traders .
In time , they will learn their own lessons and draw @ @ @ @ @ @ @ should best allocate their investment capital .
The one group that I would single out are the professional “ paid-to-play ” active managers desperately trying to keep up with their respective benchmarks .
I suspect that many are actively trading these FAANG names in order to catch up to their benchmark .
One wonders if they really believe that they are doing the right thing for their clients or are they focusing on retaining and growing assets under management ?
These professional managers know the game : clients will fire them if they @ @ @ @ @ @ @ constantly try to closely track their index , fearful of being too cautious in a rising market and straying from their target benchmark performance .
I can understand the retail investor who is trading and taking risk with their own capital .
I do not forgive the professional who knows better and yet goes ahead and puts his clients ’ capital at great risk .
CG : Looking ahead , and given the uncertainty and the legitimate fears that are on many investors ’ and ordinary savers ’ minds , what would be @ @ @ @ @ @ @ preserve and protect their wealth during this crisis ?
RM : I suggest that one takes a serious look at the investment philosophy behind the ‘ permanent portfolio ’ allocation .
Libertarian Harry Browne first proposed this concept in the book Fail Safe Investing .
To summarize , the permanent portfolio is an investment portfolio designed to perform well in all economic conditions… Remember , there are unknown unknowns !
The permanent portfolio is composed of an equal allocation to stocks , bonds , gold and cash .
Browne believed that a portfolio @ @ @ @ @ @ @ , government bonds and US Treasury bills would be an ideal investment mixture for investors seeking safety and growth .
Browne argued that the portfolio mix would be profitable in all types of economic situations : stocks would prosper in expansionary markets , precious metals in inflationary markets , bonds in recessions and Treasury bills in depressions .
The biggest potential problem with this investment strategy is that sitting through long periods of underperformance can be very difficult , if not impossible… The price action in Tesla and Apple after they recently announced @ @ @ @ @ @ @ rebalancing a simple asset mix each year .
However , the goal of the strategy is not to outperform , but to generate long-term investment returns that exceed inflation while protecting your investment capital .
To borrow an American baseball analogy , your likelihood of long-term success is far greater if you consistently hit singles rather than swing for homeruns .

by Claudio Grass via Claudiograss.ch
Interview with Robert Mark:
Claudio Grass (CG): In this surreal policy environment, how has the role and the investment process of the value investor evolved, especially over the last decade? How can one still identify value in a world of subsidized binge borrowing, extreme indebtedness, and stock buybacks?
Robert Mark (RM): The patriarch of value investing, Ben Graham, once said, “In the short run the market is a voting machine, but in the long run it is a weighing machine.” As markets have evolved into modern, global electronic exchanges, Graham’s analogy remains true. Short-term, stock markets are beauty pageants. Speculators continue to vote for the Wall Street darlings. On the other end sits the weighing machine which measures the future earnings of a business. As a value investor, my role is to focus on the weighing machine despite the party over at the voting machine. Binge borrowing, extreme indebtedness, and stock buybacks all feed into the emotions of the voting machine. Value does exist in certain pockets of the market, but one must simply step aside and operate at their own pace.
CG: Many mainstream analysts and commentators have rushed to declare value investing obsolete, especially following the recent losses suffered by value giant Warren Buffet. Could it be that the markets have become too distorted by central bank policies and by algorithms to identify value or is this assessment simply too simplistic and naive?
RM: Warren Buffett and his company Berkshire Hathaway have come in for criticism from those sitting in the bleacher seats—”too big, too slow, too old-fashioned”. Buffett had his worst performance versus the S&P 500 in 2019, and 2020 is looking just as bad. Instead of highlighting Berkshire’s fortress-like balance sheet, critics argue that Buffett needs to fundamentally rethink his mix of businesses and investments. Berkshire Hathaway’s cash position has increased to about $140 billion, but to the surprise of many, Buffett did not deploy any of that dry powder during the market’s plunge in March. He did not see “anything attractive.”
In short, yes-central bank policies, passive investing, algorithms, and any number of factors are distorting the markets and will continue to distort markets. We cannot choose the game to play, but we can play the game by our own rules. Buffett’s job is to remain focused on the weighing machine, not the voting machine… which is exactly what one would expect from a value investor. Buffett built Berkshire Hathaway to reward investors over time, but not on time. Investing always involves making decisions under uncertainty. We never know what the market will do in the near term, but value investors understand that if they vote for assets rather than patiently weighing their potential investments, they run the real risk of permanently destroying their investment capital.
CG: Aside from the obvious economic concerns, we’re also seeing a lot of turbulence in the geopolitical and social fronts, from US-China relations to internal social unrest in much of the western world. Do you see real risks there too and did you have to adjust your own investment approach to account for them?
RM: It boils down to three simple words: margin of safety. Our psychology is critical to the investment process. For example, if an investor loses confidence and has made too many mistakes recently, it becomes very easy to say, “I can’t stand being down more than this.” Therefore, we believe in being conservative all the time—by being both a patient buyer and a disciplined seller. If we do so, we ensure a margin of safety in our investments. We frequently reference another quote from Benjamin Graham in every presentation we make: “An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.” We do not speculate, we invest. And when we invest, we demand a margin of safety.
Back in 2002, Secretary of Defense Donald Rumsfeld used the phrase “There are known unknowns and unknown unknowns” during a news briefing about the lack of evidence linking the government of Iraq with the supply of weapons of mass destruction to terrorist groups. A lot of people sort of scratched their head at these linguistic gymnastics. Known unknowns are risks you are aware of, while unknown unknowns are risks that come from situations that are so unexpected that they are not even considered. We always see very real risks when investing but try to account for these risks in the quality of the companies we select and the margin of safety we apply to our estimate of fair value.
We are primarily funded by readers. Please subscribe and donate to support us!
CG: A lot has been said and written about the rally in precious metals and the reasons behind it. What do you think is driving it and what is your view on the role of gold in an investment portfolio?
RM: One can readily point to any number of reasons as to why gold is moving ‘higher’ over short periods of time, beginning with a loss of confidence in central banks or the soundness of one’s currency or negative real interest rates. However, we forget that over time, gold is not moving higher but rather our currencies are losing value against gold. Or at least that is how I view the situation. As for the role of gold in one’s investment portfolio, you are preaching to the choir. So yes, I absolutely believe in the value gold provides to one’s asset allocation. Personally, I first started buying physical gold in the summer of 2000, when I walked into a local jewelry store and asked the owner if he sold gold coins. He laughed and said that he did sell gold coins, but it had been about ten years since he last sold any coins. As a natural contrarian, I found the jeweler’s response interesting.
CG: In the last few years, we’ve witnessed the rise of the amateur investor, facilitated by popular apps and zero-commission brokers, and this trend was drastically accelerated during the lockdowns. Are you concerned about this wave of inexperienced investors entering the market en masse and making bets they don’t really understand, with money they can’t afford to lose? Do think this has the potential to have a wider impact on the markets?
RM: There is little doubt in my mind that the advent of Robinhood and zero commissions at the online brokerage firms like Charles Schwab has certainly generated a lot of excitement. A new generation of retail investors are at the voting booth and chasing the prettiest candidates that Wall Street has to offer. I watched in shocked amusement when a U.S. federal judge approved plans for bankrupt rental car company Hertz to sell $1 billion in stock AFTER the company filed for bankruptcy and HTZ stock increased tenfold. Another example that comes to mind was when a small Chinese real estate company in one day jumped 1300% on no news. The company’s name is Fangdd Network Group, which is similar to the popular acronym “FAANG,” representing Facebook, Apple, Amazon, Netflix, and Google. FAANG shares were up that day; therefore, I guess that a number of new traders somehow believed that Fangdd should trade higher as well.
I have no issue with new retail traders. In time, they will learn their own lessons and draw their own conclusions as to how one should best allocate their investment capital. The one group that I would single out are the professional “paid-to-play” active managers desperately trying to keep up with their respective benchmarks. I suspect that many are actively trading these FAANG names in order to catch up to their benchmark. One wonders if they really believe that they are doing the right thing for their clients or are they focusing on retaining and growing assets under management? These professional managers know the game: clients will fire them if they underperform their benchmark. Therefore, they constantly try to closely track their index, fearful of being too cautious in a rising market and straying from their target benchmark performance. I can understand the retail investor who is trading and taking risk with their own capital. I do not forgive the professional who knows better and yet goes ahead and puts his clients’ capital at great risk.
CG: Looking ahead, and given the uncertainty and the legitimate fears that are on many investors’ and ordinary savers’ minds, what would be your advice for those who wish to preserve and protect their wealth during this crisis?
RM: I suggest that one takes a serious look at the investment philosophy behind the ‘permanent portfolio’ allocation. Libertarian Harry Browne first proposed this concept in the book Fail Safe Investing. To summarize, the permanent portfolio is an investment portfolio designed to perform well in all economic conditions… Remember, there are unknown unknowns!
The permanent portfolio is composed of an equal allocation to stocks, bonds, gold and cash. Browne believed that a portfolio equally split between stocks, precious metals, government bonds and US Treasury bills would be an ideal investment mixture for investors seeking safety and growth. Browne argued that the portfolio mix would be profitable in all types of economic situations: stocks would prosper in expansionary markets, precious metals in inflationary markets, bonds in recessions and Treasury bills in depressions.
The biggest potential problem with this investment strategy is that sitting through long periods of underperformance can be very difficult, if not impossible… The price action in Tesla and Apple after they recently announced stock splits is far more exciting than rebalancing a simple asset mix each year. However, the goal of the strategy is not to outperform, but to generate long-term investment returns that exceed inflation while protecting your investment capital. To borrow an American baseball analogy, your likelihood of long-term success is far greater if you consistently hit singles rather than swing for homeruns.
Claudio Grass, Hünenberg See, Switzerland


investmentwatchblog--2020-09-26--50 Beginner Survival Tips Every Economic Collapse Prepper Should Know

Today , we selected 50 beginner survival tips to help you prepare before the economic collapse changes the world as @ @ @ @ @ stay with us and don ’ t forget to like this video , share it @ @ @ @ @ subscribe to our channel to keep updated with future videos .
Without further ado , @ @ @ @ @ the video !

Today, we selected 50 beginner survival tips to help you prepare before the economic collapse changes the world as we know it. So stay with us and don’t forget to like this video, share it with your friends, and subscribe to our channel to keep updated with future videos. Without further ado, let’s jump into the video!
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investmentwatchblog--2020-09-26--Hispanic Homeownership Rate Soars To Highest Level EVER (Black Homeownership Rate Soars To Highest S

Hispanic Homeownership Rate Soars To Highest Level EVER (Black Homeownership Rate Soars To Highest Since Great Recession)

The good news keeps rolling on !
Hispanic homeowership rate have soared to the highest level EVER .
At the @ @ @ @ @ homeownership rate has soared to the highest level since The Great Recession .

by confoundedinterest17
The good news keeps rolling on!
We are primarily funded by readers. Please subscribe and donate to support us!
Hispanic homeowership rate have soared to the highest level EVER.
At the same time, the black homeownership rate has soared to the highest level since The Great Recession.


investmentwatchblog--2020-09-26--Big Tech reckoning: WH roundtable demands Section 230 overhaul

( Natural News ) Big Tech ’ s reckoning may have finally arrived .
The White House hosted a roundtable calling for the overhaul of Section 230 , a change which has massive implications for Big Tech and online speech .
No more “ bad faith ” moderation !
The Department of Justice has proposed a bill to overhaul Section 230 and punish companies for political censorship .
“ Every year , countless Americans are banned , blacklisted , and silenced through arbitrary or malicious enforcement of ever-shifting rules , ” President Donald Trump declared at a September 23 roundtable @ @ @ @ @ @ @ Josh Hawley ( R-MO ) , and nine other conservative leaders .
Trump then described his response : “ In May , I directed Attorney General Barr to work with the state attorneys general as they enforce the state laws against deceptive business practices.
” Deputy Attorney General Jeffrey A. Rosen explained how this legislation will ensure that when Big Tech companies “ moderate content in bad faith , ” they will risk their Section 230 protections .
This roundtable discussed an entirely new approach to wrangling with Section 230 of the Communications @ @ @ @ @ @ @ platforms from legal liability from lawsuits for content that appears on their platforms .
The discussion ’ s declared purpose was to “ focus on concrete legal steps to protect an open Internet and a free society , including steps to ensure the social media companies can not deceive their users with hidden efforts to manipulate the spread of information.
” Google whistleblower Zach Vorhies summarized the Section 230 reform legislation in a Twitter thread : “ companies like Google and Facebook will get stripped of immunity if they moderate content in bad @ @ @ @ @ @ @ of the legislation .
In one tweet , Vorhies summarized how “ Good faith terms are defined .
This will make Google/YouTube , Facebook , Twitter ’ s lives very difficult .
They will now have to tell you why they are restricting your content.
” The DOJ press release explained that the legislation has a “ series of reforms to promote transparency and open discourse and ensure that platforms are fairer to the public when removing lawful speech from their services.
” It went on to explain why , after years of @ @ @ @ @ @ @ s high time for a complete overhaul : “ To remedy this , ” Barr explained , “ the department ’ s legislative proposal revises and clarifies the existing language of Section 230 and replaces vague terms ” replacing them with more “ concrete ” language .
The prime example of Big Tech tyranny discussed was how platforms have been censoring leaders for expressing valid concerns about mail-in voter fraud .
In late May , Twitter fact-checked Trump for suggesting that mail-in ballots could lead to voter fraud , a concern even The @ @ @ @ @ @ @ valid .
But the initial fact-check of Trump proved to be only the beginning .
In August Twitter placed an interstitial , or filter , over Trump ’ s August 23 tweet criticizing “ Mail Drop Boxes ” as a “ voter security disaster.
” In September , Twitter announced in a September 10 company blog update that “ We will label or remove false or misleading information intended to undermine public confidence in an election or other civic process.
” Twitter followed through on this threat a few days later .
Trump @ @ @ @ @ @ @ make sure your Ballot COUNTS , sign & send it in EARLY , ” and urged them to “ go to your Polling Place to see if it was COUNTED.
” He followed up by suggesting “ IF NOT , VOTE !
” Trump claimed that “ Your signed Ballot will not count because your vote has been posted , ” and warned : “ Don ’ t let them illegally take your vote away from you !
” Twitter responded by labeling the tweet with an interstitial , or filter : “ @ @ @ @ @ @ @ civic and election integrity .
However , Twitter has determined that it may be in the public ’ s interest for the Tweet to remain accessible .
Learn more.
” State Attorney General Patrick Morrisey ( R-WV ) discussed that Trump ’ s concerns about censorship about electoral fraud have since been validated .
He recounted how , “ When you were being criticized by Twitter , related to absentee ballots , that very same day , we concluded an investigation of West Virginia , which affirmed a lot of the very things @ @ @ @ @ @ @ that “ I thought you ’ d appreciate the irony of that very day , ” that irony being how “ That person is going to go to jail now .
And , meanwhile , Twitter continues to engage and pretend that what ’ s true is not .
”

(Natural News) Big Tech’s reckoning may have finally arrived. The White House hosted a roundtable calling for the overhaul of Section 230, a change which has massive implications for Big Tech and online speech.
(Article by Alexander Hall republished from NewsBusters.org)
No more “bad faith” moderation! The Department of Justice has proposed a bill to overhaul Section 230 and punish companies for political censorship.
“Every year, countless Americans are banned, blacklisted, and silenced through arbitrary or malicious enforcement of ever-shifting rules,” President Donald Trump declared at a September 23 roundtable including Attorney General William Barr, Senator Josh Hawley (R-MO), and nine other conservative leaders. Trump then described his response: “In May, I directed Attorney General Barr to work with the state attorneys general as they enforce the state laws against deceptive business practices.”
Deputy Attorney General Jeffrey A. Rosen explained how this legislation will ensure that when Big Tech companies “moderate content in bad faith,” they will risk their Section 230 protections.
This roundtable discussed an entirely new approach to wrangling with Section 230 of the Communications Decency Act, which protects Big Tech platforms from legal liability from lawsuits for content that appears on their platforms.
The discussion’s declared purpose was to “focus on concrete legal steps to protect an open Internet and a free society, including steps to ensure the social media companies cannot deceive their users with hidden efforts to manipulate the spread of information.”
Barr has delivered:
“I’m pleased to report that, earlier today, the Department, on behalf of the administration, has sent to Congress proposed legislation to reform Section 230. And that legislation addresses concerns about online censorship by requiring greater transparency and accountability when platforms remove lawful speech.”
Google whistleblower Zach Vorhies summarized the Section 230 reform legislation in a Twitter thread: “companies like Google and Facebook will get stripped of immunity if they moderate content in bad faith.” He featured numerous purported screenshots of the legislation. In one tweet, Vorhies summarized how “Good faith terms are defined. This will make Google/YouTube, Facebook, Twitter’s lives very difficult. They will now have to tell you why they are restricting your content.”
We are primarily funded by readers. Please subscribe and donate to support us!
The DOJ press release explained that the legislation has a “series of reforms to promote transparency and open discourse and ensure that platforms are fairer to the public when removing lawful speech from their services.” It went on to explain why, after years of moderation in bad faith, it’s high time for a complete overhaul:
“The current interpretations of Section 230 have enabled online platforms to hide behind the immunity to censor lawful speech in bad faith and is inconsistent with their own terms of service.”
“To remedy this,” Barr explained, “the department’s legislative proposal revises and clarifies the existing language of Section 230 and replaces vague terms” replacing them with more “concrete” language.
The prime example of Big Tech tyranny discussed was how platforms have been censoring leaders for expressing valid concerns about mail-in voter fraud. In late May, Twitter fact-checked Trump for suggesting that mail-in ballots could lead to voter fraud, a concern even The New York Times has acknowledged to be valid.
But the initial fact-check of Trump proved to be only the beginning. In August Twitter placed an interstitial, or filter, over Trump’s August 23 tweet criticizing “Mail Drop Boxes” as a “voter security disaster.” In September, Twitter announced in a September 10 company blog update that “We will label or remove false or misleading information intended to undermine public confidence in an election or other civic process.”
Twitter followed through on this threat a few days later. Trump warned North Carolina voters: “To make sure your Ballot COUNTS, sign & send it in EARLY,” and urged them to “go to your Polling Place to see if it was COUNTED.” He followed up by suggesting “IF NOT, VOTE!” Trump claimed that “Your signed Ballot will not count because your vote has been posted,” and warned: “Don’t let them illegally take your vote away from you!” Twitter responded by labeling the tweet with an interstitial, or filter: “This Tweet violated the Twitter Rules about civic and election integrity. However, Twitter has determined that it may be in the public’s interest for the Tweet to remain accessible. Learn more.”
State Attorney General Patrick Morrisey (R-WV) discussed that Trump’s concerns about censorship about electoral fraud have since been validated. He recounted how, “When you were being criticized by Twitter, related to absentee ballots, that very same day, we concluded an investigation of West Virginia, which affirmed a lot of the very things you were saying.”
Morrisey later added that “I thought you’d appreciate the irony of that very day,” that irony being how “That person is going to go to jail now. And, meanwhile, Twitter continues to engage and pretend that what’s true is not.”
Read more at: NewsBusters.org


investmentwatchblog--2020-09-26--COVID-19 never would have been a problem had China acted honestly, instead of BETRAYING humanity

( Natural News ) The Republican members of the House Foreign Affairs Committee have issued a new report blaming communist China and its partners at the World Health Organization ( WHO ) for unleashing the Wuhan coronavirus ( COVID-19 ) upon the world .
Dubbing the Chinese Communist Party ( CCP ) and the WHO as “ culpable ” in the spread of the virus , the GOP now says that the plandemic could have been avoided entirely had the two entities handled the situation differently .
Rather than try to cover up information about the spread of the virus @ @ @ @ @ @ @ WHO should have told the world the truth , House Republicans insist .
Doing this would have greatly minimized the fallout , they claim .
“ It is beyond doubt that the CCP actively engaged in a cover-up designed to obfuscate data , hide relevant public health information , and suppress doctors and journalists who attempted to warn the world , ” the 90-page report claims .
“ Research shows the CCP could have reduced the number of cases in China by up to 95 percent had it fulfilled its obligations under international @ @ @ @ @ @ @ a manner consistent with best practices.
” Citing a study published on MedRxiv , a preprint server linked to Yale University , the GOP document strongly suggests that the plandemic “ could have been prevented ” if things were handled much differently early on when the virus first started to spread outside of Wuhan .
“ It is crystal clear that had the CCP been transparent , and had the head of the WHO cared more about global health than appeasing the CCP , lives could have been spared and widespread economic devastation @ @ @ @ @ @ @ Michael McCaul ( R-Tx . )
, the lead Republican of the committee , in a statement .
“ Revealing the truth is just the first step , ” he added .
“ We must hold both the CCP and WHO Director General Tedros accountable for the suffering they have allowed the world to endure.
” House Republicans call for major reforms to the WHO In their report , House Republicans make four recommendations about what should happen moving forward .
First and foremost , they want to see a major change in @ @ @ @ @ @ @ as the allowance of Taiwan to be re-admitted to it as an observer .
Another recommendation involves implementing concrete reforms to the International Health Regulations ( IHR ) , which guide global health policy .
Reforming the WHO seems long overdue , as the global body of the United Nations was caught earlier in the year conspiring with communist China to develop bioweapons , and possibly even the Wuhan coronavirus ( COVID-19 ) itself .
House Republicans want the United States to partner up with other likeminded WHO member states , as well @ @ @ @ @ @ @ full-scale international investigation in both the CCP ’ s coverup of the effects of the virus , as well as the WHO ’ s complicity in propelling the CCP ’ s narrative surrounding it .
According to the report , the CCP had more than enough information about the Wuhan coronavirus ( COVID-19 ) in late December of last year to know that it should have informed the WHO about how to respond .
In fact , the report suggests , the CCP was “ legally obligated ” to do this , and @ @ @ @ @ @ @ in Wuhan alone constituted a Public Health Emergency of International Concern , also known as a PHEIC , and yet the CCP did not declare this , nor did it warn the WHO or anyone else about what would soon transpire as the virus spread around the world .
“ The WHO has repeatedly parroted CCP talking points while ignoring conflicting information from reputable sources , ” the report further explains .
To keep up with the latest news and information about the Wuhan coronavirus ( COVID-19 ) , be sure to check @ @ @

by: Ethan Huff
(Natural News) The Republican members of the House Foreign Affairs Committee have issued a new report blaming communist China and its partners at the World Health Organization (WHO) for unleashing the Wuhan coronavirus (COVID-19) upon the world.
Dubbing the Chinese Communist Party (CCP) and the WHO as “culpable” in the spread of the virus, the GOP now says that the plandemic could have been avoided entirely had the two entities handled the situation differently.
Rather than try to cover up information about the spread of the virus early on, the CCP and the WHO should have told the world the truth, House Republicans insist. Doing this would have greatly minimized the fallout, they claim.
“It is beyond doubt that the CCP actively engaged in a cover-up designed to obfuscate data, hide relevant public health information, and suppress doctors and journalists who attempted to warn the world,” the 90-page report claims.
“Research shows the CCP could have reduced the number of cases in China by up to 95 percent had it fulfilled its obligations under international law and responded to the outbreak in a manner consistent with best practices.”
Citing a study published on MedRxiv, a preprint server linked to Yale University, the GOP document strongly suggests that the plandemic “could have been prevented” if things were handled much differently early on when the virus first started to spread outside of Wuhan.
“It is crystal clear that had the CCP been transparent, and had the head of the WHO cared more about global health than appeasing the CCP, lives could have been spared and widespread economic devastation could have been mitigated,” said Michael McCaul (R-Tx.), the lead Republican of the committee, in a statement.
“Revealing the truth is just the first step,” he added. “We must hold both the CCP and WHO Director General Tedros accountable for the suffering they have allowed the world to endure.”
House Republicans call for major reforms to the WHO
In their report, House Republicans make four recommendations about what should happen moving forward. First and foremost, they want to see a major change in leadership at the WHO, as well as the allowance of Taiwan to be re-admitted to it as an observer.
We are primarily funded by readers. Please subscribe and donate to support us!
Another recommendation involves implementing concrete reforms to the International Health Regulations (IHR), which guide global health policy.
Reforming the WHO seems long overdue, as the global body of the United Nations was caught earlier in the year conspiring with communist China to develop bioweapons, and possibly even the Wuhan coronavirus (COVID-19) itself.
House Republicans want the United States to partner up with other likeminded WHO member states, as well as with Taiwan, to conduct a full-scale international investigation in both the CCP’s coverup of the effects of the virus, as well as the WHO’s complicity in propelling the CCP’s narrative surrounding it.
According to the report, the CCP had more than enough information about the Wuhan coronavirus (COVID-19) in late December of last year to know that it should have informed the WHO about how to respond. In fact, the report suggests, the CCP was “legally obligated” to do this, and yet failed or refused.
The outbreak in Wuhan alone constituted a Public Health Emergency of International Concern, also known as a PHEIC, and yet the CCP did not declare this, nor did it warn the WHO or anyone else about what would soon transpire as the virus spread around the world.
“The WHO has repeatedly parroted CCP talking points while ignoring conflicting information from reputable sources,” the report further explains.
To keep up with the latest news and information about the Wuhan coronavirus (COVID-19), be sure to check out Pandemic.news.
Sources for this article include:
TheEpochTimes.com
NaturalNews.com


investmentwatchblog--2020-09-26--The Far Left is doing their best to get millions of questionable mail-in ballots into the system.

There is a big difference between allowing absentee ballots as an option for people who are unable to make it to the polls and mandating that an entire election be done by mail-in voting .
And there is a really big difference between the long-standing practice of sending absentee ballots to voters who take the initiative of requesting them and the new Democratic proposal to mail out unsolicited ballots ( or applications for ballots ) to every registered voter regardless of whether those voters are still alive or eligible to vote in that jurisdiction .
And , as we shall @ @ @ @ @ @ @ out ballots to every registered voter is coupled with the left ’ s years-long fight to prevent these same voter rolls from being updated to remove dead and ineligible people from the lists .
And to make matters extra complicated and chaotic , every state has a different standard for mail-in voting .
Some states have more safeguards in place than others .
For example , some states require that every mail-in ballot include a verifiable signature , additional witness or notary signatures , and even an enclosed copy of the voter ’ @ @ @ @ @ @ @ few , if any , such safeguards .
Some states are loosening or experimenting with the rules for the first time due to the coronavirus pandemic .
And then there is the issue of sending all these ballots through the mail .
Can the U.S .
Postal Service process them all in a timely manner ?
Every state has a different deadline for when these ballots need to be postmarked .
What happens if they don ’ t arrive in time ?
Can election officials process them all in a timely manner ?
@ @ @ @ @ @ @ .
It can involve matching signatures , checking postmarks , flattening out ballots that were crumpled in the mail , etc .
If the recent primaries in Wisconsin and New York are anything to go by , mail-in ballots will take weeks to process and that process will be fraught with problems and potential for fraud .
There is also the issue of how voters can apply to vote by mail and who is eligible to do so .
According to FiveThirtyEight , nine states and the District of Columbia will simply mail @ @ @ @ @ @ @ another 14 states , authorities will mail everyone an application to vote by mail .
( Although , as we shall see , some states take a generous view of who , or what , might be eligible to receive such applications if outside interest groups decide to mail them out . )
In 16 states , nothing is automatically mailed to voters , although voters can apply online to vote by mail .
In six states , voting by mail is permissible only with a “ valid excuse.
” And the remaining @ @ @ @ @ @ @ categories .
All of these different rules provide plenty of opportunity to game the system on questions ranging from the verification of identity , addresses , and signatures to the timeliness of postmarks and the ability of the postal service to deliver ballots in a timely manner .
Because there are so many “ moving parts ” to the vote-by-mail process , mail-in ballots are fraught with the potential for fraud .
Yes , we ’ ve seen voter fraud before , but we ain ’ t seen nothing yet .
The further @ @ @ @ @ @ @ to the polls to vote in person , the more we expand the avenues for fraud .

There is a big difference between allowing absentee ballots as an option for people who are unable to make it to the polls and mandating that an entire election be done by mail-in voting.
And there is a really big difference between the long-standing practice of sending absentee ballots to voters who take the initiative of requesting them and the new Democratic proposal to mail out unsolicited ballots (or applications for ballots) to every registered voter regardless of whether those voters are still alive or eligible to vote in that jurisdiction. And, as we shall explain, this new effort to mail out ballots to every registered voter is coupled with the left’s years-long fight to prevent these same voter rolls from being updated to remove dead and ineligible people from the lists.
And to make matters extra complicated and chaotic, every state has a different standard for mail-in voting. Some states have more safeguards in place than others. For example, some states require that every mail-in ballot include a verifiable signature, additional witness or notary signatures, and even an enclosed copy of the voter’s photo ID. Some states have few, if any, such safeguards. Some states are loosening or experimenting with the rules for the first time due to the coronavirus pandemic.
And then there is the issue of sending all these ballots through the mail. Can the U.S. Postal Service process them all in a timely manner? Every state has a different deadline for when these ballots need to be postmarked. What happens if they don’t arrive in time? Can election officials process them all in a timely manner? Counting mail-in ballots is much more time-consuming. It can involve matching signatures, checking postmarks, flattening out ballots that were crumpled in the mail, etc. If the recent primaries in Wisconsin and New York are anything to go by, mail-in ballots will take weeks to process and that process will be fraught with problems and potential for fraud.
We are primarily funded by readers. Please subscribe and donate to support us!
(To give you a flavor of the postal chaos to come, the chief clerk for Brooklyn’s Kings County Board of Elections testified in federal court last month that in 2018, the USPS delivered “several hundred absentee ballots from the previous November” — which was “five months after Election Day.” And in Wisconsin this week, three trays of mail, which included absentee ballots, were found in a ditch.)
There is also the issue of how voters can apply to vote by mail and who is eligible to do so. According to FiveThirtyEight, nine states and the District of Columbia will simply mail every registered citizen a ballot. In another 14 states, authorities will mail everyone an application to vote by mail. (Although, as we shall see, some states take a generous view of who, or what, might be eligible to receive such applications if outside interest groups decide to mail them out.) In 16 states, nothing is automatically mailed to voters, although voters can apply online to vote by mail. In six states, voting by mail is permissible only with a “valid excuse.” And the remaining states are some hybrid of the preceding categories.
All of these different rules provide plenty of opportunity to game the system on questions ranging from the verification of identity, addresses, and signatures to the timeliness of postmarks and the ability of the postal service to deliver ballots in a timely manner. Because there are so many “moving parts” to the vote-by-mail process, mail-in ballots are fraught with the potential for fraud. Yes, we’ve seen voter fraud before, but we ain’t seen nothing yet. The further we get from requiring that voters go to the polls to vote in person, the more we expand the avenues for fraud.
h/t Venus230


investmentwatchblog--2020-09-26--Central Banks Hoarding Gold: Trend Toward New Multi-Currency System Benchmarked To Gold?

Tom welcomes Jan Nieuwenhuijs onto the show to discuss the commodity markets , gold , and the problems within central banking .
Jan explains how many issues with the Comex are due to misinterpretations of the data , and so far , he doesn ’ t see any fraud .
There are only unsubstantiated rumors that the Comex has failed to deliver .
Futures markets act as a hedge for many players , and it is normal for open interest to be concentrated in the near month .
This year ’ s deliveries are higher than in the past , @ @ @ @ @ @ @ see large open interest positions .
Jan discusses how speculation on these markets work and why there were many lucrative arbitrage plays early this year .
He discusses central bank ’ s activity and why inflation has yet to appear in the financial system .
QE is creating imbalances in the system , and eventually , inflation will appear because central banks are in a dead-end street and can ’ t reverse .
Deflation is like kryptonite for central bankers because lower prices result in lower wages , making it more difficult for @ @ @ @ @ @ @ how gold is fairly evenly distributed amongst the world ’ s nations , and why the trend may be toward a new multi-currency system where gold becomes the benchmark standard .
Lastly , Jan explains the strategic secrecy around gold by governments and central banks and the risks to the financial system if they discuss gold openly .
Time Stamp References : 1:25 – Problems in the Comex ?
2:20 – Open interest and delivery .
3:30 – No evidence of failure to deliver .
6:15 – Reasons for large open interest .
@ @ @ @ @ @ @ 11:40 – Optimal gold in your portfolio .
12:20 – Recommends holding some physical .
15:10 – Bitcoin being better than gold .
17:20 – Inflation and currency creation .
20:40 – Why the Fed can ’ t have deflation .
22:50 – ZIRP , NIRP and Bond Bubbles .
25:10 – China , world gold reserves , and treasuries .
28:30 – Europe and a global gold standard .
30:30 – Secrecy of central banks around gold .
36:35 – Could gold go lower ?

Jan Nieuwenhuijs on Palisade Radio
Tom welcomes Jan Nieuwenhuijs onto the show to discuss the commodity markets, gold, and the problems within central banking.
Jan explains how many issues with the Comex are due to misinterpretations of the data, and so far, he doesn’t see any fraud. There are only unsubstantiated rumors that the Comex has failed to deliver.
Futures markets act as a hedge for many players, and it is normal for open interest to be concentrated in the near month. This year’s deliveries are higher than in the past, but it’s quite normal to see large open interest positions. Jan discusses how speculation on these markets work and why there were many lucrative arbitrage plays early this year.
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He discusses central bank’s activity and why inflation has yet to appear in the financial system. QE is creating imbalances in the system, and eventually, inflation will appear because central banks are in a dead-end street and can’t reverse. Deflation is like kryptonite for central bankers because lower prices result in lower wages, making it more difficult for people to repay debts.
Jan discusses how gold is fairly evenly distributed amongst the world’s nations, and why the trend may be toward a new multi-currency system where gold becomes the benchmark standard.
Lastly, Jan explains the strategic secrecy around gold by governments and central banks and the risks to the financial system if they discuss gold openly.
Time Stamp References:
1:25 – Problems in the Comex?
2:20 – Open interest and delivery.
3:30 – No evidence of failure to deliver.
6:15 – Reasons for large open interest.
8:00 – Arbitrage and bullion banks.
11:40 – Optimal gold in your portfolio.
12:20 – Recommends holding some physical.
15:10 – Bitcoin being better than gold.
17:20 – Inflation and currency creation.
20:40 – Why the Fed can’t have deflation.
22:50 – ZIRP, NIRP and Bond Bubbles.
25:10 – China, world gold reserves, and treasuries.
28:30 – Europe and a global gold standard.
30:30 – Secrecy of central banks around gold.
36:35 – Could gold go lower?


investmentwatchblog--2020-09-26--Target Hiring 130,000 Holiday Staff; Focus on In-Store Pickup

The Minneapolis retail giant will hire 130,000 workers for the holiday season .
A majority of them will manage in-store @ @ @ @ @ same-day curbside deliveries .
“ Certain trends from earlier this year will continue during the @ @ @ @ @ to see the guests gravitate towards the ease and convenience and contact-free ways to shop @ @ @ @ @ ” Cornell explained .
Due to coronavirus lockdowns , the company reported 10 million new @ @ @ @ @ its website in the first half of the year .

www.thestreet.com/investing/target-to-hire-130000-holiday-workers-focus-on-instore-pickup
The Minneapolis retail giant will hire 130,000 workers for the holiday season. A majority of them will manage in-store pickups for online orders and same-day curbside deliveries.
“Certain trends from earlier this year will continue during the holiday season. We continue to see the guests gravitate towards the ease and convenience and contact-free ways to shop through our digital channels,” Cornell explained.
Due to coronavirus lockdowns, the company reported 10 million new customers among online sales through its website in the first half of the year.


investmentwatchblog--2020-09-26--Democrats in the House of Representatives are set to introduce a bill next week that seeks to limit

Democrats in the House of Representatives are set to introduce a bill next week that seeks to limit the terms of U.S. Supreme Court justices to 18 years from current lifetime appointments. – when will they vote for term limits for themselves?

This bill should include term limits for the House & Senate as well .
Totally cool with term limits for @ @ @

This bill should include term limits for the House & Senate as well. Totally cool with term limits for SCOTUS though.
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Democrats in the House of Representatives are set to introduce a bill next week that seeks to limit the terms of U.S. Supreme Court justices to 18 years from current lifetime appointments. t.co/l5jmEeKU7F — Breitbart News (@BreitbartNews) September 25, 2020
h/t Western_Expression_7


investmentwatchblog--2020-09-26--CLOWN WORLD: Mob Boxes In Vehicle, Breaks Windows, Beats Driver — LA Cops Arrest Driver

So the mob blocks the streets in LA , driver drives through pretty carefully with strobe flashing , the mob @ @ @ @ @ vehicles , box driver in , beat him , smash his car , driver escapes @ @ @ @ @ and police arrest the driver ?
!
pic.twitter.com/ZfV6nSABGP

So the mob blocks the streets in LA, driver drives through pretty carefully with strobe flashing, the mob chases after him in multiple vehicles, box driver in, beat him, smash his car, driver escapes before they pull him out and police arrest the driver?! pic.twitter.com/ZfV6nSABGP
— Robby Starbuck (@robbystarbuck) September 25, 2020


investmentwatchblog--2020-09-26--CLOWN WORLD: Mayor Lightfoot’s “Census Cowboy” Forces Horse On Seven Mile Protest Gallop Without Pro

CLOWN WORLD: Mayor Lightfoot’s “Census Cowboy” Forces Horse On Seven Mile Protest Gallop Without Proper Shoes

The man appointed by Mayor Lightfoot to be Chicago ’ s “ Census Cowboy ” rode his horse until it @ @ @ @ @ a social justice cause .
It didn ’ t have proper shoes for pavement and @ @ @ @ @ for miles .
It will be put down .
pic.twitter.com/Yp5z85Lmi0

The man appointed by Mayor Lightfoot to be Chicago’s “Census Cowboy” rode his horse until it bled to draw attention to a social justice cause. It didn’t have proper shoes for pavement and suffered extensive damage, galloping for miles. It will be put down. pic.twitter.com/Yp5z85Lmi0
— Ian Miles Cheong (@stillgray) September 25, 2020


investmentwatchblog--2020-09-26--Wisconsin unemployment audit shows less than 1% of calls answered

Less than 1 % of Wisconsinites who called the state Department of Workforce Development ’ s call centers seeking unemployment insurance between March 15 and June 30 actually had their phone calls answered , a new state audit reports .
The audit , released Friday by the Legislative Audit Bureau , found that , of the 41.1 million total telephone calls received by DWD call centers over the three-and-a-half month span , only 0.5 % ultimately were answered .
More than 93 % , or 38.3 million calls , were blocked or met with busy signals , while another 6.2 @ @ @ @ @ @ @ an answer .
The number of Wisconsinites seeking unemployment insurance skyrocketed earlier this year as businesses shut down due to the COVID-19 pandemic .
Last week , Gov .
Tony Evers fired DWD Secretary Caleb Frostman for persistent delays in the processing of unemployment claims , though he didn ’ t mention the audit findings , which are typically shared with agencies in advance of their official publication .
Frostman ’ s firing followed months of criticism from state Republicans over the department ’ s persistent backlog of unprocessed claims .
Amy Pechacek @ @ @ @ @ @ @ transition until a new DWD secretary is appointed , said in a statement on Friday that the department continues to work through the challenges presented by the pandemic .
Pechacek said the audit should result in better transparency and oversight of unemployment insurance operations .

Less than 1% of Wisconsinites who called the state Department of Workforce Development’s call centers seeking unemployment insurance between March 15 and June 30 actually had their phone calls answered, a new state audit reports.
The audit, released Friday by the Legislative Audit Bureau, found that, of the 41.1 million total telephone calls received by DWD call centers over the three-and-a-half month span, only 0.5% ultimately were answered. More than 93%, or 38.3 million calls, were blocked or met with busy signals, while another 6.2% of callers hung up before receiving an answer.
The number of Wisconsinites seeking unemployment insurance skyrocketed earlier this year as businesses shut down due to the COVID-19 pandemic. Last week, Gov. Tony Evers fired DWD Secretary Caleb Frostman for persistent delays in the processing of unemployment claims, though he didn’t mention the audit findings, which are typically shared with agencies in advance of their official publication. We are primarily funded by readers. Please subscribe and donate to support us!
Frostman’s firing followed months of criticism from state Republicans over the department’s persistent backlog of unprocessed claims.
Amy Pechacek, who was appointed to lead the transition until a new DWD secretary is appointed, said in a statement on Friday that the department continues to work through the challenges presented by the pandemic. Pechacek said the audit should result in better transparency and oversight of unemployment insurance operations. madison.com/wsj/news/local/govt-and-politics/audit-less-than-1-of-callers-got-through-to-state-run-unemployment-call-centers-between/article_06d56986-d1ab-5338-8dab-85bd312c7f7d.html


investmentwatchblog--2020-09-26--BIDEN: “Clap For That You Stupid Bastards” — He Really Just Said That To US Troops

Joe Biden to our troops : “ Clap for that , you stupid bastards ” pic.twitter.com/9sqYPhkh3S

Joe Biden to our troops: “Clap for that, you stupid bastards” pic.twitter.com/9sqYPhkh3S
— Jewish Deplorable 🇺🇸 (@TrumpJew) September 25, 2020


investmentwatchblog--2020-09-27--Natural Gas Will Rule The US Energy Market For Decades

Natural gas was first hailed as the bridge between the fossil fuel past and the renewable future .
Then it came under fire because although cleaner than oil and coal , it is not entirely emission-free .
But according to a new report from Energy Market Advisors , it will rule the energy mix of the United States even 20 years from now .
The reasons for this continued dominance are simple enough even if they may be unpleasant for the most hard-line supporters of renewables such as solar and wind .
Gas is not only cheap , but its @ @ @ @ @ @ @ importantly , it does not need battery storage the way solar and wind do , which increases the total costs of such installations even if other costs are falling , which they are .
These falling costs will undoubtedly pave the way to much more solar- and wind-heavy energy mix across North America , while coal sinks into oblivion , partly driven by its worse economics , the report said .
By 2044 , close to half of the existing coal power generation capacity will be gone .
At the same time , @ @ @ @ @ @ @ year to some 250 GW in 2044 – an impressive fourfold growth .
Wind will grow , too , albeit more modestly , from 115 GW today to 191 GW in 2044 .
But gas will rule them all .
To date , natural gas accounts for some 41 percent of North American energy generation .
In 2044 , according to Energy Market Advisors , a division of Hitachi ABB , gas will account for 43 percent .
This , compared with the explosive growth seen in solar and wind , does not @ @ @ @ @ @ @ remember is , however , that even with this almost absent growth , gas will be the fuel driving the biggest portion of power generation in North America .
And this means that the fossil fuel era is far from over , really .
In some parts of the United States , it will even continue to be the dominant energy source even in 2044 , according to the EMA report .
In the Midwest , for instance , natural gas will account for 49 percent of energy generation in that year , @ @ @ @ @ @ @ .
In the Southeast , gas will come to account for 57 percent , while renewables rise from less than 10 percent to 20 percent .
The forecast dominance of gas is not something that some governors such as New York ’ s Andrew Cuomo would want to hear as they strive for 100-percent renewable energy .
But there is another reason gas will be dominant : it will help make the grid resilient to the intermittency of renewable energy generated by solar and wind farms .
Because it is not intermittent like @ @ @ @ @ @ @ baseload every grid needs to provide a reliable power supply to its users .
And if the supply is not reliable , the green energy boom could easily lose public support .
“ We need to pay attention to the integrity of the electrical grid .
Because if we do not , we are going to lose this whole green thing we ’ re doing .
We ’ re going to lose the public , ” a Long Beach state Assemblyman , Patrick O ’ Donnell , told the California water board this @ @ @ @ @ @ @ ’ s weak spots in energy supply .
“ Cheap natural gas prices and the energy source ’ s ability to fill in where sustainable energy falls short will speed investment growth , ” the EMA report authors wrote .
“ As an energy source , gas is regarded as a ‘ stop-gap ’ solution for renewables.
” It may even become something more than a stop-gap solution if the projected strong growth in renewable capacity additions does not pan out .
The expiry of the production tax credit and the phase-out of @ @ @ @ @ @ @ slowdown in new solar and wind capacity additions , Shilpa Kokate , Advisory Director for Easter U.S. for Hitachi ABB Power Grids , told Oilprice .
There is also the issue of a carbon tax that will greatly help the shift to renewables from fossil fuels as will overall regulatory support for this shift , which has been essential for the advent of renewables everywhere .
But there is also another thing , according to Kokate—failure to appreciate the role of natural gas in helping maintain the reliability of power supply .
Opposition @ @ @ @ @ @ @ could become problematic , however , if it is so complete that it overlooks the role natural gas , if not other fossil fuels , plays in energy security .
Renewable energy is clean , certainly , but as the sun does not shine around the clock , and the wind does not blow constantly and at a constant speed , they need storage to provide a reliable power supply .
Building enough energy storage to eliminate the need for natural gas completely is a challenging task : battery installations take up a @ @ @ @ @ @ @ ’ t cost a dollar a kW .
Until these challenges are overcome , gas will continue to be needed .

By Irina Slav
Natural gas was first hailed as the bridge between the fossil fuel past and the renewable future. Then it came under fire because although cleaner than oil and coal, it is not entirely emission-free. But according to a new report from Energy Market Advisors, it will rule the energy mix of the United States even 20 years from now.
The reasons for this continued dominance are simple enough even if they may be unpleasant for the most hard-line supporters of renewables such as solar and wind. Gas is not only cheap, but its supply is also continuous, so, importantly, it does not need battery storage the way solar and wind do, which increases the total costs of such installations even if other costs are falling, which they are.
These falling costs will undoubtedly pave the way to much more solar- and wind-heavy energy mix across North America, while coal sinks into oblivion, partly driven by its worse economics, the report said. By 2044, close to half of the existing coal power generation capacity will be gone. At the same time, solar will grow from 60 GW this year to some 250 GW in 2044 – an impressive fourfold growth. Wind will grow, too, albeit more modestly, from 115 GW today to 191 GW in 2044. But gas will rule them all.
To date, natural gas accounts for some 41 percent of North American energy generation. In 2044, according to Energy Market Advisors, a division of Hitachi ABB, gas will account for 43 percent. This, compared with the explosive growth seen in solar and wind, does not seem particularly impressive. The thing to remember is, however, that even with this almost absent growth, gas will be the fuel driving the biggest portion of power generation in North America. And this means that the fossil fuel era is far from over, really.
In some parts of the United States, it will even continue to be the dominant energy source even in 2044, according to the EMA report. In the Midwest, for instance, natural gas will account for 49 percent of energy generation in that year, while renewables will account for 31 percent. In the Southeast, gas will come to account for 57 percent, while renewables rise from less than 10 percent to 20 percent.
The forecast dominance of gas is not something that some governors such as New York’s Andrew Cuomo would want to hear as they strive for 100-percent renewable energy. But there is another reason gas will be dominant: it will help make the grid resilient to the intermittency of renewable energy generated by solar and wind farms. Because it is not intermittent like them, gas can provide the essential baseload every grid needs to provide a reliable power supply to its users. And if the supply is not reliable, the green energy boom could easily lose public support.
We are primarily funded by readers. Please subscribe and donate to support us!
“We need to pay attention to the integrity of the electrical grid. Because if we do not, we are going to lose this whole green thing we’re doing. We’re going to lose the public,” a Long Beach state Assemblyman, Patrick O’Donnell, told the California water board this summer when a heatwave revealed the state’s weak spots in energy supply.
“Cheap natural gas prices and the energy source’s ability to fill in where sustainable energy falls short will speed investment growth,” the EMA report authors wrote. “As an energy source, gas is regarded as a ‘stop-gap’ solution for renewables.”
It may even become something more than a stop-gap solution if the projected strong growth in renewable capacity additions does not pan out. The expiry of the production tax credit and the phase-out of the investment tax credit could drive a slowdown in new solar and wind capacity additions, Shilpa Kokate, Advisory Director for Easter U.S. for Hitachi ABB Power Grids, told Oilprice.
There is also the issue of a carbon tax that will greatly help the shift to renewables from fossil fuels as will overall regulatory support for this shift, which has been essential for the advent of renewables everywhere. But there is also another thing, according to Kokate—failure to appreciate the role of natural gas in helping maintain the reliability of power supply.
Opposition to fossil fuels is understandable. It could become problematic, however, if it is so complete that it overlooks the role natural gas, if not other fossil fuels, plays in energy security. Renewable energy is clean, certainly, but as the sun does not shine around the clock, and the wind does not blow constantly and at a constant speed, they need storage to provide a reliable power supply. Building enough energy storage to eliminate the need for natural gas completely is a challenging task: battery installations take up a lot of space, and they don’t cost a dollar a kW. Until these challenges are overcome, gas will continue to be needed.
By Irina Slav for Oilprice.com


investmentwatchblog--2020-09-27--China’s multi million business operation cutting up and selling Falun Gong organs for transplant -Vi

China’s multi million business operation cutting up and selling Falun Gong organs for transplant -Video

Forced organ harvesting in China — It ’ s being called “ abhorrent ” and a “ crime against humanity.
@ @ @ @ @ harvesting in China started to surface in 2006 .
Since then , mounting evidence suggests @ @ @ @ @ worse than originally suspected .
Prisoners of conscience—especially Falun Gong—are being killed for their organs @ @ @ @ @ the number of # TransplantCenters in # China increased by 300 % in just 8 @ @ @ @ @ has no effective national organ donation system .
1999 was the year the Chinese regime @ @ @ @ @ Falun Gong spiritual practice , sending hundreds of thousands to labor camps .
Many of @ @ @ @ @ .
Yes , there really are people who have not been informed of this terrible @ @ @ @ @ met a few lately , so I decided to post this video .

Forced Organ Harvesting from Falun Gong Practitioners in China
Forced organ harvesting in China — It’s being called “abhorrent” and a “crime against humanity.” Allegations of forced organ harvesting in China started to surface in 2006. Since then, mounting evidence suggests these allegations are true—and even worse than originally suspected.
Prisoners of conscience—especially Falun Gong—are being killed for their organs.
We are primarily funded by readers. Please subscribe and donate to support us!
Starting in 1999, the number of #TransplantCenters in #China increased by 300% in just 8 years, even though China has no effective national organ donation system. 1999 was the year the Chinese regime began persecuting adherents of the Falun Gong spiritual practice, sending hundreds of thousands to labor camps. Many of them were never seen again.
Yes, there really are people who have not been informed of this terrible crime, I’ve met a few lately, so I decided to post this video.
h/t Lily