investmentwatchblog--2020-11-22--DICTATORSHIP: from masks to vaccination in six months flat

Will it all come down to water off a duck ’ s back ?
A week ago here , I posted about the Countdown to Dictatorship .
Just six months ago , there was a degree of horror at the very idea of being forced to wear masks .
Now people are not only – and quite casually – debating whether “ vaccination ” should be made obligatory….we have the government ministers of three major Western countries offering only a wan smile as they say such a thing “ can not be ruled out ” .
In the French tabloid @ @ @ @ @ @ @ the last week showed that 64 % of the French nation have “ total confidence ” in the new vaccines , and 40 % “ would not hesitate ” to be injected with them .
But this was not enough for the braindead Prime Minister Jean Castex : “ It is my view that the French people are not supportive enough of vaccination ” he said .
Microbiology Professor Philippe Sansonetti added , “ We should rejoice at the arrival of these vaccines…for all other attempts to control the outbreak have failed ” @ @ @ @ @ @ @ an old German sits stroking a cream coloured feline longhair , smiling the smile of those convinced that you can fool all the people all the time .
To recap : the vaccines are unstable , unregulated , experimental , designed to tamper directly with our DNA , and likely at most to save perhaps 10,000 geriatric lives around the world .
They are unnecessary , because the pandemic is not out of control , management of the infected has already reduced the death rate to an almost homaeoepathic level , and seasonal @ @ @ @ @ @ @ .
Every graph in every affected country shows the ‘ Second Wave ’ to be no more than a piss on the beach .
Panic and hype have ruined the fiscal health of almost every Western country to an extent that puts the future of all public health provision at risk….a risk certain to kill far more patients than this coronavirus ever could .
It is all madness on a planetary scale .
What ’ s next on the list ?
Glance at the list of those attributes that define Homo sapiens , @ @ @ @ @ @ @ what the next target of the Greedy-Green Alliance is going to be….. • Enough money to buy food and shelter • A compassion for others in pain • An aspiration to quality of life • An awareness that this is our only planet • An astonishing ability to resist and repair bodily damage They ’ ve already got most of the money , but they hate the idea of contrarians being able to buy independence .
The destruction of monetary value that began under Nixon and accelerated after the 2008 bailout fiasco is @ @ @ @ @ @ @ cost of funding global Covidiocy .
The rest of it will now be gathered up through taxation , positioned as a national duty to say thank you to them for saving us from The Great Plague .
To cut the import bill , expect food rationing at some point .
To plug the hole in the Exchequer , a huge sales tax on buying and selling houses will come sooner rather than later…the Tories will never do it , but the coming TechnoCoalition will….as indeed , will the Democrats and those still loyal @ @ @ @ @ @ @ in nationality has already framed anyone alarmed by mass migration as racist filth .
This will continue to be the means whereby collectivists are kept loyal to the New Normal Front , and blocs loyal to EUNATO rationalise the forced Federalisation that nobody beyond the Monnetists wants .
These monsters will “ explain ” everything as the protection of their revered citizens , about whom in reality they give not a tinker ’ s cuss .
For is it not self-evident that we are all threatened by Russian poisons , Putin ’ s @ @ @ @ @ @ @ Yellow Reds in Beijing who – “ it ’ s a well-known fact ” – manufactured this dastardly Blacovid Death to bring us to our knees ?
If course it is – see New York Times , fact-checkers and ‘ Intelligence ’ .
If there ’ s one thing that Alexander Graham Bell proved , it ’ s that we are Homo Chatteramus .
We like to catch up , to know The Latest , to discuss media entertainment , to stay in touch with friends and to both be informed and inform….to @ @ @ @ @ @ @ the 5.45pm train to wherever ) ‘ I ’ m on the 5.45 ’ .
The news media are now entirely under the control of a small number of Davos regulars , and the social media take care of the rest – with 70 % of it in the hands of eight people .
Both are unregulated , privatised censors of everything that questions Elite Wisdom .
The thirst for knowledge and discovery – the Voyager Gene – is the most important by-product of our accidentally large brains .
The key catalysts that @ @ @ @ @ @ @ better life were education , questioning of authority and physical risk .
Education has now been narrowed and throttled by assumptive political correctness and Green Utopianism .
The ‘ wisdom ’ of not going off-piste is now universal in Anglosphere and EU thinking ; it is summed up by the intellectual cowardice of “ settled science ” .
Control is at the centre of everything the self-assigned Masters desire : our ability to travel , to mix , to exchange ideas , and to enjoy a natural social intercourse .
We are a @ @ @ @ @ @ @ conviviality .
Lockdown is the perfect weapon with which to destroy our self-confidence and generate fear : facial masks hide the very body language that leads to trust .
And that ’ s why we have both .
With socially-driven emotional intelligence comes compassion for those beyond our immediate family or tribe .
Small wonder , therefore , that the 0.1 % have done everything in their power to exploit this with Orwellian media language attempting to transmute violent Islamists and African mafiosi into refugees .
( See Siege of Calais , 2018 @ @ @ @ @ @ @ species of having a powerful introspection to give us awareness of the certainty of eventual demise….and thus an aspiration to enjoy the best possible quality of life while we ’ re here in the physical Universe .
The élite strategy for some years now has been to ( for example ) scare us to death with bioweapons , planetary disaster and now a deadly virus .
All of it acts as a distraction to the manner in which they have mercilessly plundered our material wellbeing .
A vital stage in destroying our species @ @ @ @ @ @ @ no basis at all ) our ability to resist and repair bodily damage .
The ultimate goal of Big Pharma is to persuade us that , without their vaccinations for every occasion , every sniffle and every abrasion , we are doomed .
In fact , if we fall into their grasping arms , in the long term the very herd immunity we have in our DNA will first dilute , and then disappear .
As a wise Indian virologist remarked this week , “ There is no point in hiding from germs @ @ @ @ @ @ @ ” .
Is there a “ next ” beyond the last thirty years ?
Of course there is…if We the People do nothing .
• We would like to run and hide .
No vaccination ?
No passport .
• We want to keep on earning money .
No vaccination ?
No job .
• We ’ d like to keep speaking out .
Disagree with us ?
You ’ re deplatformed .
But that ’ s just the short term .
The era of justifying your wages is far behind us : @ @ @ @ @ @ @ your existence .
After all , we ’ ve all been fucking too much , right ?
Far too many of us…and it ’ s “ our fault ” .
Time to graft us onto AI bots and get rid of all those messy reproductive urges .
Also , human beings are dependent on water .
You won ’ t find water as an obsession anywhere in the CO2 crowd , the Extinction Rebellion mob , the Greenpeace cynics , the tree planters or the billionaire “ philanthopists ” .
You see , @ @ @ @ @ @ @ to hide on the water issue , because stopping all population growth – and then reversing it – is the only solution .
And to say that would be giving the game away .
Oil ?
Gas ?
Wind ?
Waves ?
Forget it .
What ’ s coming next is control over water supplies .
And a lot of deaths .
Without controlling greed , that outcome isn ’ t inevitable .
But it is if we let the sorcerer ’ s apprentices with the God complex just keep going .
Almost @ @ @ @ @ @ @ will fail .
Klaus Schwab is a pathetic old man with an emotional IQ of -560 .
But please everyone , stop him and his ilk from making a disgusting mess our grandchildren have to clear up .

by John Ward
Will it all come down to water off a duck’s back?
A week ago here, I posted about the Countdown to Dictatorship. Just six months ago, there was a degree of horror at the very idea of being forced to wear masks. Now people are not only – and quite casually – debating whether “vaccination” should be made obligatory….we have the government ministers of three major Western countries offering only a wan smile as they say such a thing “cannot be ruled out”.
In the French tabloid pictured above, a survey conducted over the last week showed that 64% of the French nation have “total confidence” in the new vaccines, and 40% “would not hesitate” to be injected with them. But this was not enough for the braindead Prime Minister Jean Castex: “It is my view that the French people are not supportive enough of vaccination” he said. Microbiology Professor Philippe Sansonetti added, “We should rejoice at the arrival of these vaccines…for all other attempts to control the outbreak have failed”.
Somewhere in the Davos bunker, an old German sits stroking a cream coloured feline longhair, smiling the smile of those convinced that you can fool all the people all the time.
To recap: the vaccines are unstable, unregulated, experimental, designed to tamper directly with our DNA, and likely at most to save perhaps 10,000 geriatric lives around the world. They are unnecessary, because the pandemic is not out of control, management of the infected has already reduced the death rate to an almost homaeoepathic level, and seasonal deaths are at or slightly below normal. Every graph in every affected country shows the ‘Second Wave’ to be no more than a piss on the beach.
Panic and hype have ruined the fiscal health of almost every Western country to an extent that puts the future of all public health provision at risk….a risk certain to kill far more patients than this coronavirus ever could. It is all madness on a planetary scale.
But Professor Sansonetti rejoices.
What’s next on the list?
Glance at the list of those attributes that define Homo sapiens, and you get a clue as to what the next target of the Greedy-Green Alliance is going to be…..
Enough money to buy food and shelter
A sense of tribal belonging
A government that protects the citizen
A passion for communication
A thirst for knowledge
A social conviviality
A compassion for others in pain
A consciousness of eventual death
An aspiration to quality of life
An awareness that this is our only planet
An astonishing ability to resist and repair bodily damage
They’ve already got most of the money, but they hate the idea of contrarians being able to buy independence. The destruction of monetary value that began under Nixon and accelerated after the 2008 bailout fiasco is now almost complete thanks to the astronomical cost of funding global Covidiocy. The rest of it will now be gathered up through taxation, positioned as a national duty to say thank you to them for saving us from The Great Plague.
To cut the import bill, expect food rationing at some point. To plug the hole in the Exchequer, a huge sales tax on buying and selling houses will come sooner rather than later…the Tories will never do it, but the coming TechnoCoalition will….as indeed, will the Democrats and those still loyal to Macron.
The attack on pride in nationality has already framed anyone alarmed by mass migration as racist filth. This will continue to be the means whereby collectivists are kept loyal to the New Normal Front, and blocs loyal to EUNATO rationalise the forced Federalisation that nobody beyond the Monnetists wants.
These monsters will “explain” everything as the protection of their revered citizens, about whom in reality they give not a tinker’s cuss. For is it not self-evident that we are all threatened by Russian poisons, Putin’s dreams of world domination, and the Yellow Reds in Beijing who – “it’s a well-known fact” – manufactured this dastardly Blacovid Death to bring us to our knees? If course it is – see New York Times, fact-checkers and ‘Intelligence’.
If there’s one thing that Alexander Graham Bell proved, it’s that we are Homo Chatteramus. We like to catch up, to know The Latest, to discuss media entertainment, to stay in touch with friends and to both be informed and inform….to the point of texting (while on the 5.45pm train to wherever) ‘I’m on the 5.45’. The news media are now entirely under the control of a small number of Davos regulars, and the social media take care of the rest – with 70% of it in the hands of eight people.
Both are unregulated, privatised censors of everything that questions Elite Wisdom.
The thirst for knowledge and discovery – the Voyager Gene – is the most important by-product of our accidentally large brains. The key catalysts that turned this into the potential for a better life were education, questioning of authority and physical risk. Education has now been narrowed and throttled by assumptive political correctness and Green Utopianism. The ‘wisdom’ of not going off-piste is now universal in Anglosphere and EU thinking; it is summed up by the intellectual cowardice of “settled science”.
We are primarily funded by readers. Please subscribe and donate to support us!
Control is at the centre of everything the self-assigned Masters desire: our ability to travel, to mix, to exchange ideas, and to enjoy a natural social intercourse. We are a pack species whose mental health thrives on conviviality. Lockdown is the perfect weapon with which to destroy our self-confidence and generate fear: facial masks hide the very body language that leads to trust. And that’s why we have both.
With socially-driven emotional intelligence comes compassion for those beyond our immediate family or tribe. Small wonder, therefore, that the 0.1% have done everything in their power to exploit this with Orwellian media language attempting to transmute violent Islamists and African mafiosi into refugees. (See Siege of Calais, 2018)
We are almost unique among Earthly species of having a powerful introspection to give us awareness of the certainty of eventual demise….and thus an aspiration to enjoy the best possible quality of life while we’re here in the physical Universe.
The élite strategy for some years now has been to (for example) scare us to death with bioweapons, planetary disaster and now a deadly virus. All of it acts as a distraction to the manner in which they have mercilessly plundered our material wellbeing.
A vital stage in destroying our species confidence has been to question (with no basis at all) our ability to resist and repair bodily damage. The ultimate goal of Big Pharma is to persuade us that, without their vaccinations for every occasion, every sniffle and every abrasion, we are doomed.
In fact, if we fall into their grasping arms, in the long term the very herd immunity we have in our DNA will first dilute, and then disappear. As a wise Indian virologist remarked this week, “There is no point in hiding from germs – you have to suffer and overcome”.
Is there a “next” beyond the last thirty years? Of course there is…if We the People do nothing.
We would like to run and hide. No vaccination? No passport.
We want to keep on earning money. No vaccination? No job.
We’d like to keep speaking out. Disagree with us? You’re deplatformed.
But that’s just the short term. The era of justifying your wages is far behind us: the New Normal will eventually involve justifying your existence.
After all, we’ve all been fucking too much, right? Far too many of us…and it’s “our fault”. Time to graft us onto AI bots and get rid of all those messy reproductive urges.
Also, human beings are dependent on water. You won’t find water as an obsession anywhere in the CO2 crowd, the Extinction Rebellion mob, the Greenpeace cynics, the tree planters or the billionaire “philanthopists”. You see, there’s nowhere for these gargoyles to hide on the water issue, because stopping all population growth – and then reversing it – is the only solution.
And to say that would be giving the game away.
Oil? Gas? Wind? Waves? Forget it. What’s coming next is control over water supplies. And a lot of deaths.
Without controlling greed, that outcome isn’t inevitable. But it is if we let the sorcerer’s apprentices with the God complex just keep going.
Almost everything they desire is flawed, and will fail. Klaus Schwab is a pathetic old man with an emotional IQ of -560. But please everyone, stop him and his ilk from making a disgusting mess our grandchildren have to clear up.


investmentwatchblog--2020-11-22--David Morgan: The Damage Has Already Been Done; There’s No Stopping What’s Coming

When people feel like there 's something wrong but ca n't quite put their finger on it , it 's @ @ @ @ @ causing it .

The Morgan Report, Released on 11/20/20
A trillion here, a trillion there, just keep printing money and we can spend our way out of any problem. Well… not so fast!
We are primarily funded by readers. Please subscribe and donate to support us!
David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David’s educational mission also makes him a prolific author, having penned Get the Skinny on Silver Investing, The Silver Manifesto and, most recently, Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock.


investmentwatchblog--2020-11-22--Secretary Pompeo: “We are bringing the Chinese Communist Party’s coercive tactics to light.”

We are bringing the Chinese Communist Party 's coercive tactics to light .
@ StateDept has designated the CCP 's @ @ @ @ @ as foreign missions , including Confucius Institute-U.S. and PRC-run media entities .
t.co/Af7pyhh6Np

We are bringing the Chinese Communist Party's coercive tactics to light. @StateDept has designated the CCP's propaganda arms in the U.S. as foreign missions, including Confucius Institute-U.S. and PRC-run media entities. t.co/Af7pyhh6Np
— Secretary Pompeo (@SecPompeo) November 20, 2020


investmentwatchblog--2020-11-22--OOPS — Turns Out There Were Over 77,000 MORE Votes THAN Ballots In Nevada

Nevada : Total Ballots Cast : 1,327,394 , Total Presidential Election Votes : 1,405,376 : There are 77,982 more votes @ @ @ @ @ there are casted ballots in Nevada .
Biden has a +33,596 margin currently .
t.co/KAFeadsynf @

Nevada: Total Ballots Cast: 1,327,394, Total Presidential Election Votes: 1,405,376: There are 77,982 more votes in the Presidential election than there are casted ballots in Nevada. Biden has a +33,596 margin currently. t.co/KAFeadsynf pic.twitter.com/Iz7Eakgiu8
— 🇺🇸 GELLER REPORT 🇺🇸 (@PamelaGeller) November 21, 2020


investmentwatchblog--2020-11-22--With new ‘elegant chemo,’ scientists edit genome to destroy cancer DNA

Tel Aviv University team uses ‘ microscopic scissors ’ to pinpoint and eliminate cancerous cells ; results of animal tests @ @ @ @ @ humans expected within 2 years Israeli scientists say they have destroyed cancerous cells in mice @ @ @ @ @ it ’ s as if “ tiny scissors ” were being used to target only @ @ @ @ @ everything around them intact .
“ This is the first study in the world to @ @ @ @ @ editing system , which works by cutting DNA , can effectively be used to treat @ @ @ @ @ ” said Prof. Dan Peer , a cancer expert from Tel Aviv University , after @ @ @ @ @ in the Science Advances journal .
“ There are no side effects , and we @ @ @ @ @ treated in this way will never become active again.
” He added : “ This @ @ @ @ @ expectancy of cancer patients and we hope , one day , cure the disease .
@

Tel Aviv University team uses ‘microscopic scissors’ to pinpoint and eliminate cancerous cells; results of animal tests just published, trial in humans expected within 2 years
Israeli scientists say they have destroyed cancerous cells in mice with a method so pinpointed it’s as if “tiny scissors” were being used to target only affected cells, while leaving everything around them intact.
“This is the first study in the world to prove that the CRISPR genome editing system, which works by cutting DNA, can effectively be used to treat cancer in an animal,” said Prof. Dan Peer, a cancer expert from Tel Aviv University, after his peer-reviewed research was published in the Science Advances journal.
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“There are no side effects, and we believe that a cancer cell treated in this way will never become active again.” He added: “This technology can extend the life expectancy of cancer patients and we hope, one day, cure the disease.”
www.timesofisrael.com/with-new-elegant-chemo-israeli-scientists-edit-genome-to-destroy-cancer-dna/


investmentwatchblog--2020-11-22--California has officially fell off the Banana Boat with there Covid-19 restrictions…

Here are the details of the order : Prohibits most nonessential activity outside the home from 10 p.m. to 5 @ @ @ @ @ .
Activities banned include all gatherings with members of other households and all activities conducted @ @ @ @ @ , lodging or temporary accommodation with members of other households .
Allows people to leave @ @ @ @ @ or take walks with people they live with , buy groceries or pick up drugs @ @ @ @ @ night , pick up or receive takeout food , travel to the emergency room or @ @ @ @ @ essential purposes… Lasts through Dec. 21 , though it could be extended .

Here are the details of the order:
Prohibits most nonessential activity outside the home from 10 p.m. to 5 a.m. in purple tier counties. Activities banned include all gatherings with members of other households and all activities conducted outside one’s residence, lodging or temporary accommodation with members of other households.
Allows people to leave home to walk their dog or take walks with people they live with, buy groceries or pick up drugs at the pharmacy late at night, pick up or receive takeout food, travel to the emergency room or urgent care or for other essential purposes…
Lasts through Dec. 21, though it could be extended.
We are primarily funded by readers. Please subscribe and donate to support us!
www.latimes.com/california/story/2020-11-21/california-new-stay-at-home-order
h/t christian


investmentwatchblog--2020-11-22--Gold Will Be Trusted: Protect Yourself In The Most Chaotic Decade

Tom welcomes a man who should need no introduction Doug Casey .
Doug is a libertarian philosopher , speculator , and author .
Doug discusses why it ’ s difficult today to be an investor with all the government economic distortion and mis-allocation of capital .
However , in contrast a speculator can do well in this environment .
He says , “ Being a speculator should not be confused with being a trader.
” Doug is very bullish on gold at these levels because the crisis ’ s we are facing is very serious .
The dollar is still @ @ @ @ @ @ @ is still done with it .
Most central banks hold dollars and it is the official currency of several countries and the defacto currency of many others .
When the dollar collapses it will have profound international consequences .
There aren ’ t many assets today that are cheap and the stock markets are very overpriced .
Bond markets are in a hyper bubble with interest rates approaching zero .
Commodities are one of the few things that are cheap today .
Doug is of the opinion that gold will be used once @ @ @ @ @ @ @ It ’ s a great speculation and when the world loses confidence in fiat what else will be trusted .
Doug outlines the dangers of the gold mining business and the risks involved .
However , today most mining equities are undervalued and therefore he remains very bullish .
Doug feels that bitcoin has excellent characteristics as money and also the utility of being able to transfer value without permission .
Lastly , Doug discusses his novel series with his latest book being Assassin , being third in the series .
Time Stamp @ @ @ @ @ @ @ Investor Vs .
Speculator 3:25 – Cheap Gold 4:42 – USD Global Risk 6:32 – Commodities are Cheap 8:07 – When to exit gold 9:13 – Final Gold Bull Market ?
11:09 – Mining Stocks and Risk 13:30 – Silver compared 14:33 – Bitcoin Has a Role 16:10 – Crypto Gov ’ t Risks ?
17:19 – Uranium Thoughts 19:17 – Alternative Commodities 20:58 – Helium ?
22:41 – Inflation vs .
Deflation 24:10 – Push Towards Statism 27:08 – Saving and Rough Times 28:56 – His New Book “ Assassin ” 32:48 @ @ @ @

Doug Casey interviewed on Palisade Radio
Tom welcomes a man who should need no introduction Doug Casey. Doug is a libertarian philosopher, speculator, and author.
Doug discusses why it’s difficult today to be an investor with all the government economic distortion and mis-allocation of capital. However, in contrast a speculator can do well in this environment. He says, “Being a speculator should not be confused with being a trader.”
Doug is very bullish on gold at these levels because the crisis’s we are facing is very serious.
The dollar is still the worlds reserve currency and most trade is still done with it. Most central banks hold dollars and it is the official currency of several countries and the defacto currency of many others. When the dollar collapses it will have profound international consequences.
There aren’t many assets today that are cheap and the stock markets are very overpriced. Bond markets are in a hyper bubble with interest rates approaching zero. Commodities are one of the few things that are cheap today.
We are primarily funded by readers. Please subscribe and donate to support us!
Doug is of the opinion that gold will be used once again as day to day money. It’s a great speculation and when the world loses confidence in fiat what else will be trusted.
Doug outlines the dangers of the gold mining business and the risks involved. However, today most mining equities are undervalued and therefore he remains very bullish.
Doug feels that bitcoin has excellent characteristics as money and also the utility of being able to transfer value without permission.
Lastly, Doug discusses his novel series with his latest book being Assassin, being third in the series.
Talking Points From This Episode
Investing vs. Speculating
Dollar being destroyed.
Commodities are cheap.
Gold mining business risks.
Uranium thoughts.
Time Stamp References:
0:00 – Introduction
1:06 – Investor Vs. Speculator
3:25 – Cheap Gold
4:42 – USD Global Risk
6:32 – Commodities are Cheap
8:07 – When to exit gold
9:13 – Final Gold Bull Market?
11:09 – Mining Stocks and Risk
13:30 – Silver compared
14:33 – Bitcoin Has a Role
16:10 – Crypto Gov’t Risks?
17:19 – Uranium Thoughts
19:17 – Alternative Commodities
20:58 – Helium?
22:41 – Inflation vs. Deflation
24:10 – Push Towards Statism
27:08 – Saving and Rough Times
28:56 – His New Book “Assassin”
32:48 – The International Man


investmentwatchblog--2020-11-22--Pain Almost Over, Let the Gains Begin

Pain Almost Over, Let the Gains Begin

President-Elect Biden , as the media have crowned him , is still not officially the president ‘ yet ’ .
Uncertainty remains , which markets detest .
The likelihood of new fiscal stimulus is remote until certainty is restored and the official result is confirmed .
Even when we do get new fiscal stimulus , its size could be determined by whether or not the Republicans or the Democrats control the Senate .
That said , if we get a sharp correction in stocks , look for the Fed to step in to calm the waters until we get resolution @ @ @ @ @ @ @ being that stimulus is inevitable , but when and how big it will be still remains uncertain .
In the meantime , precious metals and miners remain under pressure , but if the rally since March is anything to go by , when the next stimulus does occur , do not be surprised to see new record highs ahead .
Given the extent of the rally since March , it makes sense that precious metals should suffer to a greater extent than other markets on a relative basis .
That said , while @ @ @ @ @ @ @ of Gold relative to other asset classes recently is notable .
When Gold rises , the dollar falls , and vice-versa .
Gold had been near perfectly negatively correlated to the DXY since March , but that has broken down since its August peak .
Gold is falling while the DXY remains stuck in a range between 92 and 94.50 .
So why is Gold underperforming the dollar now ?
Taken alone , this may not be a big deal , but it ’ s not the only correlation that is breaking down @ @ @ @ @ @ @ fall , Gold rises , and vice-versa .
TIP prices are near perfectly inversely correlated to real rates , which means when TIP rises , so does Gold , and vice versa .
As we can see above , TIP and therefore real rates have been relatively flat ( just like the dollar ) since August , yet Gold remains under pressure .
Why ?
Both Gold and Stocks benefited from the massive stimulus following the March lows and rose together until the peak in Gold in August .
Since then , the @ @ @ @ @ @ @ new record highs while Gold has gone in the opposite direction .
Why ?
Further evidence to emphasize that the relative underperformance of Gold et al .
is not an isolated incident , Gold is massively underperforming Bitcoin now .
While they are not consistently highly correlated , it makes sense that they rallied together off the March lows as the dollar was crushed by massive fiscal and monetary stimulus .
Yet the divergence recently is astounding .
Since August , they ’ re going in completely different directions .
Is this the @ @ @ @ @ @ @ the younger among us—switch from Gold to Bitcoin , or is it FOMO at work in Bitcoin ?
Perhaps .
But when taken with the other disparities shown here , I doubt it .
Why this is happening is open to debate and that ’ s a topic for another day , but the beauty of correlations that have stood the test of time is that while they may break down over short periods , they tend to re-establish themselves thereafter .
In this case , this means that either stocks have to @ @ @ @ @ @ @ , real rates have to rise , Bitcoin has to fall , or Gold has to catch up to them all , or all of the above , which is bullish precious metals on a relative basis going forward .
Given the excruciatingly slow grind lower and lower in precious metals and miners since the peaks in August and the crash in sentiment on Twitter… … I can safely say that sentiment is not just in the bathroom but exploring the tunnels below .
Again , this is the ideal scenario for a @ @ @ @ @ @ @ to follow : At the same time , the Large Speculators have dramatically cut their net long positions : Hedge Funds began exiting the market well ahead of the peak in Gold , illustrating that they got this one right .
This is out of character for the Funds , as they tend to be wrong at extremes while the Banks are almost always right .
If the historic pattern reasserts itself , their lowest long position since mid-2019 suggests we ’ re about to turn up again soon .
Either that or @ @ @ @ @ @ @ caveat is that small specs ’ record long positioning is not reflecting the collapse in sentiment and may have a lot of catching up to do on the downside .
They have been notoriously wrong for years and are called the dumbest of money for a reason .
That said , this does not preclude a blow-off top in Gold et al .
before a bigger correction occurs next .
Gold continues to flirt with support at 1850 , and it ’ s becoming more frequent .
Typically this means that a breakdown @ @ @ @ @ @ @ support conclusively , the next support is around 1820 , the bottom of the bull flag in place since August .
I would not rule out a fake breakdown to 1800 or even below the 200-day moving average coming up fast towards the 1800 support level , my primary target on the downside since July .
Below there 1750 comes into play , with 1670 critical support below there .
On the contrary , a break of the recent high of ~1900 would be an initial indication that the bottom is in place @ @ @ @ @ @ @ the closest thing we get to a confirmation .
The same goes for 26.14 in Silver .
We enjoyed a truly massive rally from the lows in March to new record highs .
That rally was preceded by a massive sell-off .
The dump into the March lows was a violent one , taking just days to erase $ 250 of gains .
Assuming that was a wave 2 correction , it should be expected following wave 3 that we get a long drawn out and measured correction in wave 4 , which @ @ @ @ @ @ @ sets us up perfectly for a wave 5 rally that could eclipse that of wave 3 , which has been my expectation since July : Wave 3 was just a preview , next comes the main event .
All that we are waiting for is the bottom of wave 4 .
While nothing is certain in markets , the odds favor this scenario .
Sentiment has almost completely capitulated , save for the positioning in Small Specs .
The extreme overbought conditions in August have been completely erased .
The stimulus that triggered @ @ @ @ @ @ @ has been temporarily reduced significantly , but the next round is inevitable , imho , and promises to be far , far larger in scale .
The alternative is total global economic , financial , and systemic collapse .
Unless the politicians and central bankers choose the Everything Collapse , which if history does rhyme is highly doubtful , then the risk-reward for precious metals is heavily skewed to the upside once we bottom out here soon .

by David Brady via Sprott Money
FUNDAMENTALS
President-Elect Biden, as the media have crowned him, is still not officially the president ‘yet’. Uncertainty remains, which markets detest. The likelihood of new fiscal stimulus is remote until certainty is restored and the official result is confirmed. Even when we do get new fiscal stimulus, its size could be determined by whether or not the Republicans or the Democrats control the Senate. That said, if we get a sharp correction in stocks, look for the Fed to step in to calm the waters until we get resolution on the political front.
The point being that stimulus is inevitable, but when and how big it will be still remains uncertain. In the meantime, precious metals and miners remain under pressure, but if the rally since March is anything to go by, when the next stimulus does occur, do not be surprised to see new record highs ahead.
INTER-MARKET ANALYSIS
DXY
Given the extent of the rally since March, it makes sense that precious metals should suffer to a greater extent than other markets on a relative basis. That said, while correlations break down frequently, the underperformance of Gold relative to other asset classes recently is notable.
When Gold rises, the dollar falls, and vice-versa. Gold had been near perfectly negatively correlated to the DXY since March, but that has broken down since its August peak. Gold is falling while the DXY remains stuck in a range between 92 and 94.50. So why is Gold underperforming the dollar now? Taken alone, this may not be a big deal, but it’s not the only correlation that is breaking down relative to Gold.
REAL RATES
When real yields fall, Gold rises, and vice-versa. TIP prices are near perfectly inversely correlated to real rates, which means when TIP rises, so does Gold, and vice versa. As we can see above, TIP and therefore real rates have been relatively flat (just like the dollar) since August, yet Gold remains under pressure. Why?
S&P 500
Both Gold and Stocks benefited from the massive stimulus following the March lows and rose together until the peak in Gold in August. Since then, the S&P 500 has risen to new record highs while Gold has gone in the opposite direction. Why?
BITCOIN
Further evidence to emphasize that the relative underperformance of Gold et al. is not an isolated incident, Gold is massively underperforming Bitcoin now. While they are not consistently highly correlated, it makes sense that they rallied together off the March lows as the dollar was crushed by massive fiscal and monetary stimulus. Yet the divergence recently is astounding. Since August, they’re going in completely different directions. Is this the substitution effect taking hold, where people—especially the younger among us—switch from Gold to Bitcoin, or is it FOMO at work in Bitcoin? Perhaps. But when taken with the other disparities shown here, I doubt it.
Why this is happening is open to debate and that’s a topic for another day, but the beauty of correlations that have stood the test of time is that while they may break down over short periods, they tend to re-establish themselves thereafter. In this case, this means that either stocks have to fall, the dollar has to rise, real rates have to rise, Bitcoin has to fall, or Gold has to catch up to them all, or all of the above, which is bullish precious metals on a relative basis going forward.
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SENTIMENT & POSITIONING
Given the excruciatingly slow grind lower and lower in precious metals and miners since the peaks in August and the crash in sentiment on Twitter…
… I can safely say that sentiment is not just in the bathroom but exploring the tunnels below. Again, this is the ideal scenario for a mega rally in Gold et al. to follow:
At the same time, the Large Speculators have dramatically cut their net long positions:
Hedge Funds began exiting the market well ahead of the peak in Gold, illustrating that they got this one right. This is out of character for the Funds, as they tend to be wrong at extremes while the Banks are almost always right. If the historic pattern reasserts itself, their lowest long position since mid-2019 suggests we’re about to turn up again soon. Either that or the COMEX collapses altogether.
The only caveat is that small specs’ record long positioning is not reflecting the collapse in sentiment and may have a lot of catching up to do on the downside. They have been notoriously wrong for years and are called the dumbest of money for a reason. That said, this does not preclude a blow-off top in Gold et al. before a bigger correction occurs next.
TECHNICALS
GOLD
Gold continues to flirt with support at 1850, and it’s becoming more frequent. Typically this means that a breakdown is coming.
Should we break 1850 support conclusively, the next support is around 1820, the bottom of the bull flag in place since August. I would not rule out a fake breakdown to 1800 or even below the 200-day moving average coming up fast towards the 1800 support level, my primary target on the downside since July. Below there 1750 comes into play, with 1670 critical support below there.
On the contrary, a break of the recent high of ~1900 would be an initial indication that the bottom is in place. A break of 1966 would be the closest thing we get to a confirmation. The same goes for 26.14 in Silver.
ELLIOTT WAVES
We enjoyed a truly massive rally from the lows in March to new record highs. That rally was preceded by a massive sell-off. The dump into the March lows was a violent one, taking just days to erase $250 of gains. Assuming that was a wave 2 correction, it should be expected following wave 3 that we get a long drawn out and measured correction in wave 4, which is exactly what is happening. This sets us up perfectly for a wave 5 rally that could eclipse that of wave 3, which has been my expectation since July: Wave 3 was just a preview, next comes the main event. All that we are waiting for is the bottom of wave 4. While nothing is certain in markets, the odds favor this scenario.
CONCLUSION
Sentiment has almost completely capitulated, save for the positioning in Small Specs. The extreme overbought conditions in August have been completely erased. The stimulus that triggered the inception of the rally in March has been temporarily reduced significantly, but the next round is inevitable, imho, and promises to be far, far larger in scale. The alternative is total global economic, financial, and systemic collapse. Unless the politicians and central bankers choose the Everything Collapse, which if history does rhyme is highly doubtful, then the risk-reward for precious metals is heavily skewed to the upside once we bottom out here soon.


investmentwatchblog--2020-11-22--Doug Casey on the Inevitable Breakup of the U.S.

Rachel ’ s note : Last week , I caught up with Casey Research founder Doug Casey on his new page-turner , Assassin .
It ’ s the third installment of his High Ground series .
It ’ s got a few parallels to today ’ s wild political events .
So for our next Conversations With Casey , I asked Doug about his predictions for the future of the U.S… the impending civil war he sees coming… and what a Joe Biden/Kamala Harris presidency means .
As usual , Doug holds nothing back .
If you ’ re easily @ @ @ @ @ @ @ something else… Rachel Bodden , managing editor , Casey Research : In our last conversation , we talked about changes stemming from this election , like the continued legalization of cannabis and the new legalization of those so-called harder drugs .
But what are your thoughts on this general election ?
We ’ ve heard some of your thoughts about President Trump , but we haven ’ t heard any musings from you about Joe Biden .
Doug Casey , founder , Casey Research : There ’ s very little , if anything @ @ @ @ @ @ @ Joe Biden .
He ’ s a reflexive leftist , statist , and crony .
A lifelong government employee , he and his family have become amazingly wealthy on civil service salaries .
From a pro-personal liberty point of view , he ’ s almost always been in the camp of the adversary , even the enemy .
He ’ s a glad-handing nobody , devoid of talent or virtue .
But in the context of the D.C. Beltway , mostly inoffensive , like a beige kitchen appliance .
Kamala Harris , his @ @ @ @ @ @ @ is actively dangerous .
I don ’ t believe she has any redeeming values , beyond ambition .
A prosecutor her entire life , until she was elected as a U.S. senator in 2016 , she impresses me as someone who tried to put people in jail primarily to add scalps to her belt in order to move up the ladder – not promote justice .
She ’ s a thoroughgoing progressive and SJW , all-in for higher taxes , guaranteed annual income , free college , free medical for all , open @ @ @ @ @ @ @ , and the rest of it .
She ’ s a wannabe Evita Perón , without the charisma .
What I don ’ t understand is how she got the nod for VP , since she had no support when she ran for president in 2019 .
She was quite unlikable – at best she was smarmy .
What kind of backroom deals were cut to put people like these forward to rule the world ?
When Biden steps down – assuming he ’ s elected after the lawsuits and recounts end – @ @ @ @ @ @ @ president .
If so , I promise we ’ ll wish for a return of Sleepy and Corrupt Joe .
The Democratic Party has been captured by people who want to completely remake the U.S. , to conform with the notions put forward by Black Lives Matter , Antifa , and similar groups .
I did an article two months ago explaining the six reasons why I thought Biden was going to win and why this was going to be the most important election in U.S. history – certainly since that of 1860 @ @ @ @ @ @ @ .
The 2020 election wasn ’ t just a political election with economic consequences .
It ’ s much more serious .
We ’ re at a major cultural turning point in the U.S .
In fact , we ’ re on the edge of a cultural war .
It could devolve into an actual civil war , as unlikely as that may sound to some .
But the fact is that people in the blue counties and red counties can ’ t even talk to each other anymore .
They no longer @ @ @ @ @ @ @ views on what ’ s right and wrong , good or evil .
Many actually hate each other .
I hasten to add that the unpleasantness of 1861 to 1865 was not a civil war ; it was a failed war of secession – a very different thing .
A civil war is one where two or more groups are fighting for the control of the same territory , and the same central government .
A civil war , if it happens , won ’ t just be about political and fiscal differences @ @ @ @ @ @ @ s much more serious .
Rachel : Do you think that there would be a higher likelihood of this civil war if Trump won , or if Biden won ?
Or do you think we ’ re just at a bubbling-over point and it ’ s inevitable ?
Doug : You can ’ t solve moral and cultural differences by passing more laws .
If you put antagonistic tribes in the same political entity you ’ re always asking for trouble .
As little as 50 or 60 years ago there were some @ @ @ @ @ @ @ , but we generally shared the same values , traditions , beliefs , history , language , and religion .
Race was a problem , but – at least before Washington started herding blacks into vertical ghettoes , putting them on welfare , and destroying their families – things were getting better .
Now the U.S. has turned into a multicultural domestic empire .
Empires never end well .
The best possible outcome that we can have today is for the people in the left-leaning , so-called blue counties , and the right-leaning @ @ @ @ @ @ @ in the manner of cantons in Switzerland .
Swiss cantons , you ’ ll recall , pay a relatively small national defense tax .
But all other government functions and taxes are local .
In fact , that ’ s pretty much the way the U.S. states once were .
A return to that , however , is a longshot bet , because the Federal government has intruded into absolutely every area of American life .
Regarding the colors , red and blue , I said “ so-called ” because that differentiation was @ @ @ @ @ @ @ Historically , leftists have always been associated with red , not blue .
But somebody in the media turned it on its head , and associated them with the color blue – the traditional conservative color .
Nobody said “ Wait… that ’ s ridiculous .
Red has been the color of the left since at least the days of Karl Marx… ” Like so many things in today ’ s Bizarro World , even traditional color associations have been reversed , further confusing the public .
That ’ s only a tangential @ @ @ @ @ @ @ noting .
In any event , the red and blue people are viscerally at odds .
Trump wasn ’ t the cause ; he was only the catalyst .
But it ’ s broken up families ; they can no longer voice even polite political opinions among each other .
Really deep philosophical differences divide Americans about moral issues , and the way the world should work .
We ’ re now looking at irreconcilable differences .
The best way to solve them is for people to go their separate ways , as @ @ @ @ @ @ @ central government , and then impose their views on the losers .
I expect the U.S. itself is going to change form radically over the next few generations – much more even than the last 50 years .
Allow me to make another seemingly outrageous prediction : the U.S. will probably break up into different regions – to start with .
But the U.S. is already no longer America .
America was more than just a piece of geography ; it was actually a unique and excellent idea , one that its citizens @ @ @ @ @ @ @ disavow everything from Columbus Day to Thanksgiving , its principles , its founders , and their ideas .
Many young people have been completely indoctrinated by four years of college , where they ’ ve been bankrupted financially and mentally ; almost all the professors are hard-core leftists .
The same is true of the high schools and grade schools , where kids absorb concepts by osmosis .
Surveys show most Millennials think socialism is better than capitalism .
Rachel : Yes , that ’ s very interesting .
Do you think right @ @ @ @ @ @ @ “ Stans ” that are just arbitrarily drawn lines in a country , with no culture or shared beliefs holding us together ?
Doug : Increasingly .
The main things holding the country together now aren ’ t values and traditions , but artifacts like fast food franchises , hotel chains , big box stores , the Interstate Highway System , and government-issued ID .
And what you said is interesting , because the fact is that most of the countries in the world today are artificial constructs .
Most countries in the @ @ @ @ @ @ @ ’ s not just the U.S. Every country in Africa was assembled from completely arbitrary lines drawn in 19th-century boardrooms in Europe .
As were every country in the Middle East and Central Asia .
Frankly , even countries like China are likely to break up into five or six different entities corresponding numerous local languages , cultures , and traditions .
The Communist Party is widely – but quietly – viewed as a scam to benefit mainly its members .
Of course , Inner Mongolia , Tibet , and Xinjiang are all @ @ @ @ @ @ @ with the Han Chinese and Beijing .
We ’ ll see not only the breakup of the ill-advised European Union , but the breakup of countries in Europe itself .
The colors on the map on the wall are always running .
And this is one of those times .
It ’ s like the paleontological concept of punctuated equilibrium , where things go along for a long time without changing , and then all of a sudden they change radically .
I think we ’ re at a point like that right @ @ @ @ @ @ @ around the world .
It ’ s going to be a turbulent time , lasting at least through this decade , probably longer .
It will resemble the 1930s and ’ 40s a lot more than the ’ 50s and ’ 60s .
Rachel : That ’ s a stressful outlook , but it could be a very interesting time to live through .
And especially right now .
Doug : You know the old Chinese saying about interesting , don ’ t you ?
Rachel : No… But I know about the @ @ @ @ @ @ @ the same , as in the Crisis Investing letter .
Doug : Good point .
But it ’ s a Chinese curse , “ may you live in interesting times.
” In history , “ interesting ” can be a euphemism for “ buckle up , it ’ s going to be a bumpy ride.
” Rachel : In some ways , it might be better to have things boil over rather than sit here , worrying about it , just simmering forever .
So , you think that there ’ s going @ @ @ @ @ @ @ up around the world .
What ’ s your best guess for the U.S. ?
I mean a lot of people think , “ Okay , the war of secession.
” That was just the North and the South .
But do you think that there ’ s actually more like five or six different countries that the U.S. should be broken up into politically , culturally ?
Doug : Yes , I do .
And there have been a few papers and books written on the subject .
For instance , young @ @ @ @ @ @ @ have absolutely nothing in common with elderly female Medicare recipients in Massachusetts .
And as various government welfare systems go bankrupt , they ’ re not going to want to pay for old white women with whom they have absolutely nothing in common .
Nor should they , quite frankly .
The Hispanic areas of the Southwest are going to move towards independence , viewing it as the Reconquista .
Ecotopia in Northern California , Oregon , Washington – and for that matter , British Columbia – have nothing in common with the @ @ @ @ @ @ @ .
The farming regions in the middle of the country have nothing in common with the BosWash corridor .
This type of thing is a natural evolution throughout 5,000 years of recorded history .
It ’ s nothing new .
It ’ s normal and natural .
The political lines on the map aren ’ t part of the cosmic firmament .
Rachel : Yes .
I mean , empires typically have a shelf life , correct ?
And we ’ ve exceeded that , don ’ t you think ?
Doug : @ @ @ @ @ @ @ devolved into a multicultural domestic empire , and hopefully it will come apart peacefully .
The way Yugoslavia did into six countries , the Soviet Union did into 15 , and Czechoslovakia into two .
The outcome can be salubrious and peaceful – unless somebody , a modern Lincoln equivalent , tries to hold the country together by force .
Rachel : I guess we can only hope for as peaceable a solution as possible .
Thank you for your insights today , Doug .

by Casey Research
Rachel’s note: Last week, I caught up with Casey Research founder Doug Casey on his new page-turner, Assassin. It’s the third installment of his High Ground series.
It’s got a few parallels to today’s wild political events. So for our next Conversations With Casey, I asked Doug about his predictions for the future of the U.S… the impending civil war he sees coming… and what a Joe Biden/Kamala Harris presidency means.
As usual, Doug holds nothing back. If you’re easily offended, you may want to read something else…
Rachel Bodden, managing editor, Casey Research: In our last conversation, we talked about changes stemming from this election, like the continued legalization of cannabis and the new legalization of those so-called harder drugs. But what are your thoughts on this general election?
We’ve heard some of your thoughts about President Trump, but we haven’t heard any musings from you about Joe Biden.
Doug Casey, founder, Casey Research: There’s very little, if anything, to be said in favor of Joe Biden. He’s a reflexive leftist, statist, and crony. A lifelong government employee, he and his family have become amazingly wealthy on civil service salaries. From a pro-personal liberty point of view, he’s almost always been in the camp of the adversary, even the enemy. He’s a glad-handing nobody, devoid of talent or virtue. But in the context of the D.C. Beltway, mostly inoffensive, like a beige kitchen appliance.
Kamala Harris, his vice presidential running mate, however, is actively dangerous. I don’t believe she has any redeeming values, beyond ambition. A prosecutor her entire life, until she was elected as a U.S. senator in 2016, she impresses me as someone who tried to put people in jail primarily to add scalps to her belt in order to move up the ladder – not promote justice. She’s a thoroughgoing progressive and SJW, all-in for higher taxes, guaranteed annual income, free college, free medical for all, open immigration, special privileges for LGBTQ types, and the rest of it.
She’s a wannabe Evita Perón, without the charisma. What I don’t understand is how she got the nod for VP, since she had no support when she ran for president in 2019. She was quite unlikable – at best she was smarmy. What kind of backroom deals were cut to put people like these forward to rule the world?
When Biden steps down – assuming he’s elected after the lawsuits and recounts end – we could have Kamala for our new president. If so, I promise we’ll wish for a return of Sleepy and Corrupt Joe. The Democratic Party has been captured by people who want to completely remake the U.S., to conform with the notions put forward by Black Lives Matter, Antifa, and similar groups.
I did an article two months ago explaining the six reasons why I thought Biden was going to win and why this was going to be the most important election in U.S. history – certainly since that of 1860 – which put Abraham Lincoln in office.
The 2020 election wasn’t just a political election with economic consequences. It’s much more serious. We’re at a major cultural turning point in the U.S. In fact, we’re on the edge of a cultural war. It could devolve into an actual civil war, as unlikely as that may sound to some. But the fact is that people in the blue counties and red counties can’t even talk to each other anymore. They no longer share values, or have the same views on what’s right and wrong, good or evil. Many actually hate each other.
I hasten to add that the unpleasantness of 1861 to 1865 was not a civil war; it was a failed war of secession – a very different thing. A civil war is one where two or more groups are fighting for the control of the same territory, and the same central government. A civil war, if it happens, won’t just be about political and fiscal differences, but cultural differences. That’s much more serious.
Rachel: Do you think that there would be a higher likelihood of this civil war if Trump won, or if Biden won? Or do you think we’re just at a bubbling-over point and it’s inevitable?
Doug: You can’t solve moral and cultural differences by passing more laws. If you put antagonistic tribes in the same political entity you’re always asking for trouble. As little as 50 or 60 years ago there were some regional differences in the U.S., sure, but we generally shared the same values, traditions, beliefs, history, language, and religion. Race was a problem, but – at least before Washington started herding blacks into vertical ghettoes, putting them on welfare, and destroying their families – things were getting better. Now the U.S. has turned into a multicultural domestic empire. Empires never end well.
The best possible outcome that we can have today is for the people in the left-leaning, so-called blue counties, and the right-leaning, so-called red counties, to separate in the manner of cantons in Switzerland.
Swiss cantons, you’ll recall, pay a relatively small national defense tax. But all other government functions and taxes are local. In fact, that’s pretty much the way the U.S. states once were. A return to that, however, is a longshot bet, because the Federal government has intruded into absolutely every area of American life.
Regarding the colors, red and blue, I said “so-called” because that differentiation was only made about 20 years ago. Historically, leftists have always been associated with red, not blue. But somebody in the media turned it on its head, and associated them with the color blue – the traditional conservative color. Nobody said “Wait… that’s ridiculous. Red has been the color of the left since at least the days of Karl Marx…”
Like so many things in today’s Bizarro World, even traditional color associations have been reversed, further confusing the public. That’s only a tangential observation, I know, but worthwhile noting.
In any event, the red and blue people are viscerally at odds. Trump wasn’t the cause; he was only the catalyst. But it’s broken up families; they can no longer voice even polite political opinions among each other.
Really deep philosophical differences divide Americans about moral issues, and the way the world should work. We’re now looking at irreconcilable differences. The best way to solve them is for people to go their separate ways, as opposed to fight for control of the central government, and then impose their views on the losers.
I expect the U.S. itself is going to change form radically over the next few generations – much more even than the last 50 years. Allow me to make another seemingly outrageous prediction: the U.S. will probably break up into different regions – to start with.
But the U.S. is already no longer America. America was more than just a piece of geography; it was actually a unique and excellent idea, one that its citizens shared. But now many want to disavow everything from Columbus Day to Thanksgiving, its principles, its founders, and their ideas.
We are primarily funded by readers. Please subscribe and donate to support us!
Many young people have been completely indoctrinated by four years of college, where they’ve been bankrupted financially and mentally; almost all the professors are hard-core leftists. The same is true of the high schools and grade schools, where kids absorb concepts by osmosis. Surveys show most Millennials think socialism is better than capitalism.
Rachel: Yes, that’s very interesting. Do you think right now, the U.S. is like the “Stans” that are just arbitrarily drawn lines in a country, with no culture or shared beliefs holding us together?
Doug: Increasingly. The main things holding the country together now aren’t values and traditions, but artifacts like fast food franchises, hotel chains, big box stores, the Interstate Highway System, and government-issued ID. And what you said is interesting, because the fact is that most of the countries in the world today are artificial constructs. Most countries in the world are… on the edge. It’s not just the U.S.
Every country in Africa was assembled from completely arbitrary lines drawn in 19th-century boardrooms in Europe. As were every country in the Middle East and Central Asia. Frankly, even countries like China are likely to break up into five or six different entities corresponding numerous local languages, cultures, and traditions. The Communist Party is widely – but quietly – viewed as a scam to benefit mainly its members. Of course, Inner Mongolia, Tibet, and Xinjiang are all actually different countries that have antagonistic relations with the Han Chinese and Beijing.
We’ll see not only the breakup of the ill-advised European Union, but the breakup of countries in Europe itself.
The colors on the map on the wall are always running. And this is one of those times. It’s like the paleontological concept of punctuated equilibrium, where things go along for a long time without changing, and then all of a sudden they change radically.
I think we’re at a point like that right now, both within the U.S. and around the world. It’s going to be a turbulent time, lasting at least through this decade, probably longer. It will resemble the 1930s and ’40s a lot more than the ’50s and ’60s.
Rachel: That’s a stressful outlook, but it could be a very interesting time to live through. And especially right now.
Doug: You know the old Chinese saying about interesting, don’t you?
Rachel: No… But I know about the Chinese symbol for crisis and opportunity being the same, as in the Crisis Investing letter.
Doug: Good point. But it’s a Chinese curse, “may you live in interesting times.”
In history, “interesting” can be a euphemism for “buckle up, it’s going to be a bumpy ride.”
Rachel: In some ways, it might be better to have things boil over rather than sit here, worrying about it, just simmering forever.
So, you think that there’s going to be a lot of countries breaking up around the world. What’s your best guess for the U.S.? I mean a lot of people think, “Okay, the war of secession.” That was just the North and the South.
But do you think that there’s actually more like five or six different countries that the U.S. should be broken up into politically, culturally?
Doug: Yes, I do. And there have been a few papers and books written on the subject. For instance, young Chicano males in Southern California and Texas have absolutely nothing in common with elderly female Medicare recipients in Massachusetts. And as various government welfare systems go bankrupt, they’re not going to want to pay for old white women with whom they have absolutely nothing in common. Nor should they, quite frankly.
The Hispanic areas of the Southwest are going to move towards independence, viewing it as the Reconquista. Ecotopia in Northern California, Oregon, Washington – and for that matter, British Columbia – have nothing in common with the Rust Belt, or the Deep South. The farming regions in the middle of the country have nothing in common with the BosWash corridor.
This type of thing is a natural evolution throughout 5,000 years of recorded history. It’s nothing new. It’s normal and natural. The political lines on the map aren’t part of the cosmic firmament.
Rachel: Yes. I mean, empires typically have a shelf life, correct? And we’ve exceeded that, don’t you think?
Doug: Like I said, the U.S. has devolved into a multicultural domestic empire, and hopefully it will come apart peacefully. The way Yugoslavia did into six countries, the Soviet Union did into 15, and Czechoslovakia into two. The outcome can be salubrious and peaceful – unless somebody, a modern Lincoln equivalent, tries to hold the country together by force.
Rachel: I guess we can only hope for as peaceable a solution as possible.
Thank you for your insights today, Doug.
Doug: Thanks, Rachel.


investmentwatchblog--2020-11-22--USPS is the fastest mail delivery on the planet! (Faster than light) Proof inside!

In PA 23,000 mail in ballots have a return date earlier than the sent date .
Another 35,000 were returned the same day they were sent & 51,000 were returned a day after they were sent .
Why pay for Prime when USPS is faster & has esp ?
Nothing to see here🙄 t.co/XwqULjIM3b More than 20,000 absentee ballots in Pennsylvania have impossible return dates and another more than 80,000 have return dates that raise questions , according to a researcher ’ s analysis of the state ’ s voter database .
Over 51,000 ballots were marked as returned just @ @ @ @ @ @ @ extraordinary speed , given U.S .
Postal Service ( USPS ) delivery times , while nearly 35,000 were returned on the same day they were mailed out .
Another more than 23,000 have a return date earlier than the sent date .
More than 9,000 have no sent date .
The state ’ s voter records are being scrutinized as President Donald Trump is challenging the results of the presidential election in Pennsylvania and other states where his opponent , former Vice President Joe Biden , holds a tight lead .
The Trump @ @ @ @ @ @ @ been counted for Democrats and valid ballots for Republicans were thrown away .

In PA 23,000 mail in ballots have a return date earlier than the sent date. Another 35,000 were returned the same day they were sent & 51,000 were returned a day after they were sent. Why pay for Prime when USPS is faster & has esp? Nothing to see here🙄 t.co/XwqULjIM3b
More than 20,000 absentee ballots in Pennsylvania have impossible return dates and another more than 80,000 have return dates that raise questions, according to a researcher’s analysis of the state’s voter database.
Over 51,000 ballots were marked as returned just a day after they were sent out—an extraordinary speed, given U.S. Postal Service (USPS) delivery times, while nearly 35,000 were returned on the same day they were mailed out. Another more than 23,000 have a return date earlier than the sent date. More than 9,000 have no sent date.
The state’s voter records are being scrutinized as President Donald Trump is challenging the results of the presidential election in Pennsylvania and other states where his opponent, former Vice President Joe Biden, holds a tight lead. The Trump campaign is alleging that invalid ballots have been counted for Democrats and valid ballots for Republicans were thrown away.


investmentwatchblog--2020-11-22--The Secret to Surviving the Next Few Years – Robert Kiyosaki

The secret to surviving the next few years is keeping your wealth in real money , not in the U.S. dollar .
Buy things that hold their value and are exchangeable all over the world .
Commodities such as gold and silver have a world market that transcends national borders , politics , religions , and race .
The good news is that you still have time to protect yourself .
And the smart money already is .
The smart money is moving into gold and silver—the precious metals .
Throughout history , precious metals have saved savvy investors from @ @ @ @ @ @ @ upheaval .
Though you have time , I ’ d guess you have precious little time .
Take advantage of it while you can .
Even if you have very little money , you can afford to buy silver .
Buy as much as you can .
If you ’ re in the position , buy gold now .
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad , the # 1 personal finance book of all time .
His book titles hold four of the top ten spots @ @ @ @ @ @ @ Sales from 2001-2008 alone .
Robert is an educational Entrepreneur and real estate tycoon , co-creator of the CASHFLOW® board game , founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers : Rich Dad ’ s Conspiracy of the Rich , and Unfair Advantage : The Power of Financial Education .
Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market , famously prophesizing , “ Your home is not an investment , ” years before the @ @ @ @ @ @ @ is Fake : How Lies are Making the Poor and the Middle-Class Poorer .

Rich Dad, Released on Released on 11/21/20
The secret to surviving the next few years is keeping your wealth in real money, not in the U.S. dollar. Buy things that hold their value and are exchangeable all over the world. Commodities such as gold and silver have a world market that transcends national borders, politics, religions, and race. The good news is that you still have time to protect yourself. And the smart money already is. The smart money is moving into gold and silver—the precious metals. Throughout history, precious metals have saved savvy investors from financial destruction in times of dramatic economic upheaval. Though you have time, I’d guess you have precious little time. Take advantage of it while you can. Even if you have very little money, you can afford to buy silver. Buy as much as you can. If you’re in the position, buy gold now.
We are primarily funded by readers. Please subscribe and donate to support us!
Robert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List’s Life-to-Date Sales from 2001-2008 alone. Robert is an educational Entrepreneur and real estate tycoon, co-creator of the CASHFLOW® board game, founder of the financial education-based Rich Dad Company and author of New York Times Bestsellers: Rich Dad’s Conspiracy of the Rich, and Unfair Advantage: The Power of Financial Education. Robert Kiyosaki is among the first to have warned Americans of an impending collapse in the US real estate market, famously prophesizing, “Your home is not an investment,” years before the Panic of 2008. His latest book is Fake: How Lies are Making the Poor and the Middle-Class Poorer.


investmentwatchblog--2020-11-23--A Previously Unknown “Mystery Disease” That Causes Sores On The Skin Has Already Spread To 700 Peopl

A Previously Unknown “Mystery Disease” That Causes Sores On The Skin Has Already Spread To 700 People In Africa

Something is happening in Senegal that we need to watch very closely .
Hundreds of fishermen have developed “ a mysterious skin disease ” after coming back from sea , and so far nobody can identify what it is .
But the fact that so many are catching it is causing some experts to become very alarmed .
At first it was reported that about 100 people were infected , then the number was 200 , and then there were numerous reports that 500 victims had been identified , and now the latest reports indicate that more than 700 people @ @ @ @ @ @ @ from an African news source… The mysterious dermatological disease detected a few days ago among fishermen in Thiaroye-sur-Mer , Senegal , is taking on worrying proportions , with more than 700 people infected as of today .
The Senegalese health authorities are working hard to try to control the mysterious disease .
The skin disease appeared in the body of fishermen of Thiaroye-sur-Mer and has spread to other localities , such as Mbour ( 85 km from Dakar ) , Saint-Louis ( 272 km north of Dakar ) , Mbao ( another Dakar @ @ @ @ @ @ @ km from Dakar ) , Rufisque ( a town 25 km from Dakar ) and Yène ( 60 km from Dakar ) .
Initially it was hoped that this disease would not prove to be infectious , but the fact that it has now spread to so many different localities is not a good sign .
And according to Reuters , Senegal ’ s national director of health information and education is calling the sores that the victims have developed “ a dermatitis associated with an infectious disease ” … In the early @ @ @ @ @ @ @ didn ’ t know exactly what we were dealing with , and so we don ’ t want to jump to any conclusions with this disease either .
Eventually , we could very well get confirmation that this is something serious .
On the other hand , it is also possible that this outbreak could fizzle out very rapidly .
We just don ’ t know .
But those that follow my work on a regular basis already understand why this story immediately got my attention .
In my new book , I @ @ @ @ @ @ @ will be unable to find a cure for a previously unknown disease , and one of the symptoms of the disease will be “ sores on the skin ” .
Once again , I want to stress that we do not know if this outbreak will develop into that sort of a pandemic .
In fact , we do not know if this will develop into any sort of a pandemic at all .
There is so much that we do not know at this point , and so let ’ s all @ @ @ @ @ @ @ .
But there are certain things that we do know .
For example , we know that this disease causes lesions on faces , extremities and genitals… We also know that so far none of the victims of this new disease has also tested positive for COVID-19 .
So that means that it looks like this outbreak has nothing to do with our current pandemic… The first case was identified just days ago , and victims are being quarantined .
Hopefully that will help to prevent the spread of this outbreak .
Up @ @ @ @ @ @ @ been able to find any reports of any deaths from this disease .
That could be a good sign , but it is still very , very early and we will have to wait and see what happens .
Since so many fishermen were being affected after being out at sea , initially investigators suspected that algae or some sort of toxic pollution may be responsible .
And without a doubt , there is a tremendous amount of pollution along the coast of that area of Senegal .
For now , officials have @ @ @ @ @ @ @ the investigation continues… And we are being told that the Senegalese navy will be gathering water samples to analyze .
I will continue to watch for more updates on this outbreak .
Let us hope that it turns out to be nothing to be concerned about .
But health experts are correct when they point out that there have been major pandemics all throughout human history and that it is inevitable that more major pandemics are ahead of us .
COVID-19 has shown us how vulnerable we are despite all of our advanced @ @ @ @ @ @ @ many nations all over the globe have weaponized diseases makes things even worse .
Just like we witnessed in China , it is way too easy for a deadly bug to escape , and once it does it can spread all over the planet fairly rapidly .
Let ’ s watch this situation in Senegal over the next couple of weeks .
If we get confirmation that it spreads easily from person to person and it starts moving into neighboring countries , then it will be time to sound the alarm .
My @ @ @ @ @ @ @ time before the next major pandemic is upon us .
But no matter how much time we may have , it will run out eventually .
At some point a pandemic that is far more severe than the one that we are currently experiencing will arrive , and when that day comes it will shake our world to the core .

by Michael Snyder
Something is happening in Senegal that we need to watch very closely. Hundreds of fishermen have developed “a mysterious skin disease” after coming back from sea, and so far nobody can identify what it is. But the fact that so many are catching it is causing some experts to become very alarmed. At first it was reported that about 100 people were infected, then the number was 200, and then there were numerous reports that 500 victims had been identified, and now the latest reports indicate that more than 700 people have been infected. The following comes from an African news source…
The mysterious dermatological disease detected a few days ago among fishermen in Thiaroye-sur-Mer, Senegal, is taking on worrying proportions, with more than 700 people infected as of today. The Senegalese health authorities are working hard to try to control the mysterious disease. The skin disease appeared in the body of fishermen of Thiaroye-sur-Mer and has spread to other localities, such as Mbour (85 km from Dakar), Saint-Louis (272 km north of Dakar), Mbao (another Dakar suburb), Touba Dialaw (70 km from Dakar), Rufisque (a town 25 km from Dakar) and Yène (60 km from Dakar).
Initially it was hoped that this disease would not prove to be infectious, but the fact that it has now spread to so many different localities is not a good sign.
And according to Reuters, Senegal’s national director of health information and education is calling the sores that the victims have developed “a dermatitis associated with an infectious disease”…
The men, who come from several fishing towns around the capital Dakar, have been placed in quarantine for treatment, according to Ousmane Gueye, national director of health information and education. “It’s a dermatitis associated with an infectious disease,” Gueye told Reuters. “We are checking further and hope to find out soon what it is.”
In the early days of the COVID pandemic, we didn’t know exactly what we were dealing with, and so we don’t want to jump to any conclusions with this disease either.
Eventually, we could very well get confirmation that this is something serious. On the other hand, it is also possible that this outbreak could fizzle out very rapidly.
We just don’t know.
But those that follow my work on a regular basis already understand why this story immediately got my attention.
In my new book, I discussed a future pandemic in which doctors will be unable to find a cure for a previously unknown disease, and one of the symptoms of the disease will be “sores on the skin”.
Once again, I want to stress that we do not know if this outbreak will develop into that sort of a pandemic. In fact, we do not know if this will develop into any sort of a pandemic at all.
There is so much that we do not know at this point, and so let’s all be very careful not to cause panic.
But there are certain things that we do know.
For example, we know that this disease causes lesions on faces, extremities and genitals…
A report by the ministry said the symptoms suffered by the men included “lesions on their faces, extremities and, for some, on their genitals” as well as headaches and slightly elevated temperatures.
We also know that so far none of the victims of this new disease has also tested positive for COVID-19. So that means that it looks like this outbreak has nothing to do with our current pandemic…
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“We have asked the Pasteur Institute, our teams, notably the anti-poison center, to look into the matter in terms of the investigation. We can say today that it is not linked to Covid because the tests came back negative. We have not also seen the presence of viruses, which may make us think of a toxic origin, but we can’t, at this point, say so,” said Abdoulaye Diouf Sarr.
The first case was identified just days ago, and victims are being quarantined. Hopefully that will help to prevent the spread of this outbreak.
Up to this point, I have not been able to find any reports of any deaths from this disease. That could be a good sign, but it is still very, very early and we will have to wait and see what happens.
Since so many fishermen were being affected after being out at sea, initially investigators suspected that algae or some sort of toxic pollution may be responsible.
And without a doubt, there is a tremendous amount of pollution along the coast of that area of Senegal.
For now, officials have banned people from going to sea while the investigation continues…
Senegal’s Ministry of Health and Social Action said measures had been brought in while officials continue to investigate, including a ban on going to sea expected to last for several days.
And we are being told that the Senegalese navy will be gathering water samples to analyze.
I will continue to watch for more updates on this outbreak. Let us hope that it turns out to be nothing to be concerned about.
But health experts are correct when they point out that there have been major pandemics all throughout human history and that it is inevitable that more major pandemics are ahead of us.
COVID-19 has shown us how vulnerable we are despite all of our advanced technology. And the fact that so many nations all over the globe have weaponized diseases makes things even worse.
Just like we witnessed in China, it is way too easy for a deadly bug to escape, and once it does it can spread all over the planet fairly rapidly.
Let’s watch this situation in Senegal over the next couple of weeks. If we get confirmation that it spreads easily from person to person and it starts moving into neighboring countries, then it will be time to sound the alarm.
My hope is that we still have more time before the next major pandemic is upon us. But no matter how much time we may have, it will run out eventually.
At some point a pandemic that is far more severe than the one that we are currently experiencing will arrive, and when that day comes it will shake our world to the core.


investmentwatchblog--2020-11-23--The Great Relocation: Americans Are Relocating By The Millions Because They Can Feel What Is Coming

This is a really odd time to be having a “ housing boom ” .
We are in the middle of the worst public health crisis in 100 years , endless civil unrest has been ravaging many of our largest cities , and we are experiencing the worst economic downturn since the Great Depression of the 1930s .
But even though more than 70 million Americans have filed new claims for unemployment benefits this year , home sales are absolutely rocking .
How in the world is this possible ?
Well , this phenomenon is actually quite easy to explain @ @ @ @ @ @ @ the seams all around us , vast numbers of Americans are seeking greener pastures .
According to ABC News , the chaotic events of 2020 have caused “ millions of Americans ” to relocate .
In New York City alone , more than 300,000 former residents have permanently moved to new addresses .
We have never seen anything quite like this before , and it is anticipated that this trend will continue into 2021 .
Even though most Americans don ’ t know exactly what is ahead , I think that on some @ @ @ @ @ @ @ is coming , and they are getting out of the big cities while they still can .
So even though we are literally in the midst of a horrifying economic depression , homes are selling like hotcakes right now… With so many interested buyers and such little inventory , it has definitely become a seller ’ s market… If you want to sell your home , now is a really good time to do so .
But then good luck finding a new place .
This incredible surge in demand for housing has @ @ @ @ @ @ @ starts… So even though so many other sectors of the economy are deeply hurting at the moment , those that build homes are loving life right now .
Real estate websites are also doing extremely well .
In particular , “ Zillow surfing ” has become a new national pastime… If you can believe it , “ Zillow surfing ” has become “ especially popular among teenagers ” … When life is miserable , people like to daydream about something better , and “ Zillow surfing ” allows them to do that .
@ @ @ @ @ @ @ so many people that have either recently relocated or that would like to move .
So many that I know are feeling an urgency like never before , because they sense that really dark times are fast approaching .
Interestingly , one of the most important things that people look at when they are thinking of relocating is the political orientation of an area .
In fact , one recent survey found that 42 percent of Americans “ would be hesitant to move to an area where most people have political views different @ @ @ @ @ @ @ Democrats are moving to “ blue states ” and conservatives are moving to “ red states ” .
Could this potentially have some very serious implications down the road ?
I don ’ t know .
I am just asking the question .
For other Americans , leaving the country entirely seems like a promising option… As the economic suffering in the U.S. intensifies , the number of people wanting to leave will almost certainly go even higher .
With each passing day , more new restrictions are being put in place to @ @ @ @ @ @ @ and these new restrictions are going to make our ongoing economic depression a whole lot worse .
Already , it has become clear that another huge wave of economic pain is upon us .
The Greater Los Angeles Food Bank says that demand is up 145 percent compared to last year , and the other day people waited in absolutely massive lines for up to 12 hours at a food bank in Texas just to get some food .
Other Americans are stockpiling huge quantities of toilet paper and other supplies in anticipation @ @ @ @ @ @ @ matter what happens with the election , things are about to get really crazy in this country .
Whatever you need to do to get prepared for what is ahead , I would do it as soon as possible .
The clock is ticking , and it appears that our day of reckoning is nearly here .

by Michael Snyder
This is a really odd time to be having a “housing boom”. We are in the middle of the worst public health crisis in 100 years, endless civil unrest has been ravaging many of our largest cities, and we are experiencing the worst economic downturn since the Great Depression of the 1930s. But even though more than 70 million Americans have filed new claims for unemployment benefits this year, home sales are absolutely rocking. How in the world is this possible?
Well, this phenomenon is actually quite easy to explain. As our society comes apart at the seams all around us, vast numbers of Americans are seeking greener pastures. According to ABC News, the chaotic events of 2020 have caused “millions of Americans” to relocate. In New York City alone, more than 300,000 former residents have permanently moved to new addresses.
We have never seen anything quite like this before, and it is anticipated that this trend will continue into 2021. Even though most Americans don’t know exactly what is ahead, I think that on some level many of them can feel what is coming, and they are getting out of the big cities while they still can.
So even though we are literally in the midst of a horrifying economic depression, homes are selling like hotcakes right now…
Home sales rose again in October, at their highest pace in 14 years, according to the National Association of Realtors. But a record low inventory of available homes and a greater number of luxury homes sold have pushed the median home price up to a record $313,000, almost 16% more than a year ago.
With so many interested buyers and such little inventory, it has definitely become a seller’s market…
At the current pace of sales, it would take just 2.5 months to clear the existing inventory — a record low.
If you want to sell your home, now is a really good time to do so.
But then good luck finding a new place.
This incredible surge in demand for housing has also fueled a tremendous boom in housing starts…
Single-family starts experienced continued gains in October, according to data from the U.S. Department of Housing and Urban Development and the Census Bureau. Single-family construction is up 8.6% year-to-date, with notable gains in 2020 for the Midwest and other lower-density markets. The pace of single-family starts in October was the highest production rate since the spring of 2007.
So even though so many other sectors of the economy are deeply hurting at the moment, those that build homes are loving life right now.
Real estate websites are also doing extremely well. In particular, “Zillow surfing” has become a new national pastime…
Zillow usage has climbed since March, with online visitors to for-sale listings up more than 50 percent year-over-year in the early months of the pandemic. People bond over listings on Discord servers, group chats and “Zillow Twitter,” and their obsession has made many strange and obscure listings go viral. Curbed, a website covering city life, real estate and design, recently started a column called My Week in Zillow Saves, in which people (myself included) share the homes they’ve admired on the site.
If you can believe it, “Zillow surfing” has become “especially popular among teenagers”…
Zillow surfing is especially popular among teenagers. A TikTok meme over the summer consisted of users talking about knowing where the bathrooms were in their friend’s or crush’s house before ever visiting it because they had toured all of their classmates’ homes on Zillow. Many young people have extensive lists of saved homes and discuss and share listings with friends.
When life is miserable, people like to daydream about something better, and “Zillow surfing” allows them to do that.
Personally, I have been hearing from so many people that have either recently relocated or that would like to move. So many that I know are feeling an urgency like never before, because they sense that really dark times are fast approaching.
We are primarily funded by readers. Please subscribe and donate to support us!
Interestingly, one of the most important things that people look at when they are thinking of relocating is the political orientation of an area. In fact, one recent survey found that 42 percent of Americans “would be hesitant to move to an area where most people have political views different from their own”…
Forty-two percent of U.S. residents would be hesitant to move to an area where most people have political views different from their own, up from 32% in June, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. That’s the highest share since 2017, when Redfin began posing this question to survey respondents.
Increasingly, Democrats are moving to “blue states” and conservatives are moving to “red states”.
Could this potentially have some very serious implications down the road?
I don’t know. I am just asking the question.
For other Americans, leaving the country entirely seems like a promising option…
Americans are leaving the country or seeking foreign visas in record numbers, according to immigration lawyers and expatriate organizations, during an oppressive year of political violence, racial strife and an uncontrolled pandemic that has kept families locked in their homes for months – with no clear end in sight.
As the economic suffering in the U.S. intensifies, the number of people wanting to leave will almost certainly go even higher.
With each passing day, more new restrictions are being put in place to try to control the COVID pandemic, and these new restrictions are going to make our ongoing economic depression a whole lot worse.
Already, it has become clear that another huge wave of economic pain is upon us.
The Greater Los Angeles Food Bank says that demand is up 145 percent compared to last year, and the other day people waited in absolutely massive lines for up to 12 hours at a food bank in Texas just to get some food.
Other Americans are stockpiling huge quantities of toilet paper and other supplies in anticipation of a very difficult winter.
No matter what happens with the election, things are about to get really crazy in this country.
Whatever you need to do to get prepared for what is ahead, I would do it as soon as possible.
The clock is ticking, and it appears that our day of reckoning is nearly here.