investmentwatchblog--2020-05-16--Stock Market Ignores Small Business Pain

You ’ ve heard of fat fingers when it comes to trades .
It ’ s when someone types in the wrong amount in a trade or buys instead of sells .
It ’ s debatable if that actually happens to investors outside of retail traders .
Now we have a fat finger jobless claims report .
The mistaken figure might not have mattered to stocks in the short term because we have seen stocks rally on quite bad reports in the past few weeks .
We were disappointed in the rate of change increase , until we found out @ @ @ @ @ @ @ to wait to see the adjustment next week , but we already know what will happen .
In the week of May 9th , initial claims fell from 3.176 million to 2.981 million which was a small decline of 195,000 and was above estimates for 2.5 million .
If this was the correct number , it would be pretty bad .
In the prior 5 weeks , the average decline in claims was 740,000 .
You can see in the chart below , the red line showing initial claims had its slope fall @ @ @ @ @ @ @ The fat finger mistake was that Connecticut said it had 298,700 claims even though it actually had 29,800 claims .
That ’ s a massive difference for the state ; it means the actual national reading was closer to 2.6 million .
That ’ s a big switch because now it was very close to estimates and it continues the strong decline in initial claims .
We don ’ t know the official time this update was made , but there is a tweet around noon with the adjustment .
Anecdotally , there @ @ @ @ @ @ @ ’ t gotten aid yet which is a bad sign .
Stocks opened lower and then recovered much of their losses by noon .
Regardless of how the algos responded to this news , it ’ s a big positive .
Ignoring the update from Connecticut , on a non-seasonally adjusted basis the number of uninsured Americans fell 629,189 to 24.143 million .
The percentage fell from 14.9 % to 14.5 % .
We usually look at seasonally adjusted data , but the non-seasonally adjusted data has a lot of validity because seasonality @ @ @ @ @ @ @ recession .
The unemployment rate could be close to its cycle peak in the May report .
That ’ s predicated on there not being a 2nd wave of COVID-19 this fall .
While the initial claims data is flawed , continuing claims are fine because it ’ s delayed by a week .
The number of continued claims increased 456,000 to 22.833 million in the week of May 2nd .
That ’ s a massive decline on a rate of change basis as there was a 4.366 million increase last week .
@ @ @ @ @ @ @ of the labor market in Georgia was on unemployment insurance .
It ’ s the worst state .
The 2nd worst is Kentucky at 38.1 % .
The 3rd worst is Connecticut which has the mistaken data .
The housing market was on fire prior to this recession .
As you can see from the chart below , purchase applications this winter were higher than at any point in the prior 5 years .
During the all-important spring selling season , purchase applications were briefly the lowest out of the prior 5 years @ @ @ @ @ @ @ see a rebound as buyers might be looking for a deal and taking advantage of the low rates .
Applications are now above where they were in 2015 , 2016 , and 2017 .
In the week of May 8th , the refinance index fell 3 % weekly and the purchase applications index rose 11 % .
Yearly growth troughed at -35 % and is currently at -10 % .
Small businesses are hurting badly .
That ’ s what the rise in the stock market ignores .
Since March 13th , 74.9 @ @ @ @ @ @ @ PPP program .
All the data we cite is from a survey from April 26th to May 2nd .
29.3 % requested financial help via economic assistance loans .
Only 17.3 % of small firms haven ’ t requested any sort of financial assistance .
The bad news is only 38.1 % received PPP money and 53.6 % haven ’ t received help from any federal assistance program .
As you can see from the chart below , 9.5 % of small firms only have 1-7 days worth of operations in cash on @ @ @ @ @ @ @ have no cash .
24.8 % have 1-2 months of cash .
The scenario where we determine how much cash small firms have to survive is going to shift to figuring out if the business can survive operating at 25 % or 50 % capacity since there are restrictions being put in place when firms open .
51.4 % of small firm said COVID-19 had a large negative impact on business .
38.5 % said it had a moderate negative impact .
2.5 % said it had a positive impact .
The hardest @ @ @ @ @ @ @ said it had a large negative impact .
The 2nd and 3rd worst were New Jersey and New York as you ’ d expect since they have had the most cases ( 62.7 % and 62.2 % ) .
The worst hit sector was accommodation and food services as 83.5 % said it had a large negative impact .
The least impacted was utilities at 6.7 % .
Headed In The Right Direction As you can see from the map below , from May 4th to May 11th most states saw either a @ @ @ @ @ @ @ day average of new COVID-19 cases .
Georgia , New York , New Jersey , and Michigan are all headed in the right direction .
11 are headed in the wrong direction with South Dakota being the worst .
The hope is all the states start showing declines and there isn ’ t a 2nd wave .
It ’ s interesting that NYC will be shut down until June 7th even though the situation has been improving for about a month .
The city has been very cautious because it was hit the @ @ @ @ @ @ @ claims report was lower than the headlines indicated because Connecticut accidentally multiplied their initial claims by 10 .
Initial claims have been steadily falling for 6 weeks .
At this rate , the unemployment rate might end up very close to its peak in the May report .
The MBA housing purchase applications index implies the market is heading up again .
Small businesses are in a lot of pain .
Most states are either in a steady state or seeing a decline in new COVID-19 cases .
This is as many are @ @ @ @ @ @ @

by UPFINA
You’ve heard of fat fingers when it comes to trades. It’s when someone types in the wrong amount in a trade or buys instead of sells. It’s debatable if that actually happens to investors outside of retail traders. Now we have a fat finger jobless claims report. The mistaken figure might not have mattered to stocks in the short term because we have seen stocks rally on quite bad reports in the past few weeks. We were disappointed in the rate of change increase, until we found out it was a mistake. We need to wait to see the adjustment next week, but we already know what will happen.
In the week of May 9th, initial claims fell from 3.176 million to 2.981 million which was a small decline of 195,000 and was above estimates for 2.5 million. If this was the correct number, it would be pretty bad. In the prior 5 weeks, the average decline in claims was 740,000. You can see in the chart below, the red line showing initial claims had its slope fall at a much more gradual rate. The fat finger mistake was that Connecticut said it had 298,700 claims even though it actually had 29,800 claims. That’s a massive difference for the state; it means the actual national reading was closer to 2.6 million. That’s a big switch because now it was very close to estimates and it continues the strong decline in initial claims.
This is what next week's revisions for initial claims for #unemployment may show pic.twitter.com/oKuenbXGUE — Gregory Daco (@GregDaco) May 14, 2020
We don’t know the official time this update was made, but there is a tweet around noon with the adjustment. Anecdotally, there were a few responses saying they haven’t gotten aid yet which is a bad sign. Stocks opened lower and then recovered much of their losses by noon. Regardless of how the algos responded to this news, it’s a big positive. Ignoring the update from Connecticut, on a non-seasonally adjusted basis the number of uninsured Americans fell 629,189 to 24.143 million. The percentage fell from 14.9% to 14.5%. We usually look at seasonally adjusted data, but the non-seasonally adjusted data has a lot of validity because seasonality plays no role in this current unprecedented recession.
The unemployment rate could be close to its cycle peak in the May report. That’s predicated on there not being a 2nd wave of COVID-19 this fall. While the initial claims data is flawed, continuing claims are fine because it’s delayed by a week. The number of continued claims increased 456,000 to 22.833 million in the week of May 2nd. That’s a massive decline on a rate of change basis as there was a 4.366 million increase last week. On the negative side, 39.5% of the labor market in Georgia was on unemployment insurance. It’s the worst state. The 2nd worst is Kentucky at 38.1%. The 3rd worst is Connecticut which has the mistaken data.
Housing Is Slowly Recovering
The housing market was on fire prior to this recession. As you can see from the chart below, purchase applications this winter were higher than at any point in the prior 5 years.
In another sign of recovering activity, mortgage purchase applications are rebounding and while still down y/y are above levels seen ’15-’17. MB #DriehausUSGrowth pic.twitter.com/SpVTWYGRBL — Driehaus (@DriehausCapital) May 14, 2020
During the all-important spring selling season, purchase applications were briefly the lowest out of the prior 5 years. We’ve already started to see a rebound as buyers might be looking for a deal and taking advantage of the low rates. Applications are now above where they were in 2015, 2016, and 2017. In the week of May 8th, the refinance index fell 3% weekly and the purchase applications index rose 11%. Yearly growth troughed at -35% and is currently at -10%.
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Small Businesses Are Hurting
Small businesses are hurting badly. That’s what the rise in the stock market ignores. Since March 13th, 74.9% have requested financial assistance from the PPP program. All the data we cite is from a survey from April 26th to May 2nd. 29.3% requested financial help via economic assistance loans. Only 17.3% of small firms haven’t requested any sort of financial assistance. The bad news is only 38.1% received PPP money and 53.6% haven’t received help from any federal assistance program.
As you can see from the chart below, 9.5% of small firms only have 1-7 days worth of operations in cash on hand. Slightly less than 7.5% have no cash. 24.8% have 1-2 months of cash. The scenario where we determine how much cash small firms have to survive is going to shift to figuring out if the business can survive operating at 25% or 50% capacity since there are restrictions being put in place when firms open.
US Census Small Business Pulse Survey: cash on hand pic.twitter.com/uXKwcDTXaH — Don Draper (@DonDraperClone) May 14, 2020
51.4% of small firm said COVID-19 had a large negative impact on business. 38.5% said it had a moderate negative impact. 2.5% said it had a positive impact. The hardest hit state was Michigan as 64.5% said it had a large negative impact. The 2nd and 3rd worst were New Jersey and New York as you’d expect since they have had the most cases (62.7% and 62.2%). The worst hit sector was accommodation and food services as 83.5% said it had a large negative impact. The least impacted was utilities at 6.7%.
Headed In The Right Direction
As you can see from the map below, from May 4th to May 11th most states saw either a decrease or steady change in the 7 day average of new COVID-19 cases.
Georgia, New York, New Jersey, and Michigan are all headed in the right direction. 11 are headed in the wrong direction with South Dakota being the worst. The hope is all the states start showing declines and there isn’t a 2nd wave. It’s interesting that NYC will be shut down until June 7th even though the situation has been improving for about a month. The city has been very cautious because it was hit the hardest by the virus.
Conclusion
The jobless claims report was lower than the headlines indicated because Connecticut accidentally multiplied their initial claims by 10. Initial claims have been steadily falling for 6 weeks. At this rate, the unemployment rate might end up very close to its peak in the May report. The MBA housing purchase applications index implies the market is heading up again. Small businesses are in a lot of pain. Most states are either in a steady state or seeing a decline in new COVID-19 cases. This is as many are reopening for business at least partially.


investmentwatchblog--2020-05-16--As Russiagate Morphs Into Obamagate, The Democrat Party Enters Civil War

Forget about Fox News and MSNBC .
The really interesting stuff is happening outside the echo chambers , as far-left @ @ @ @ @ corporatist wing of the Democrat party .
Among their beefs : The obsessive focus of @ @ @ @ @ Russiagate and then Ukrainegate drained all the progressive energy that would otherwise have gone towards @ @ @ @ @ And now that those wrong turns have been proven to be not just false today @ @ @ @ @ false before the investigations even started , Trump has an energized base and copious material @ @ @ @ @ investigations heading into his re-election campaign .
The next two videos feature legitimate journalists who @ @ @ @ @ MSNBC , and should enrage everyone , right , left or center , who values @ @ @ @ @ It ’ s hard to imagine the progressive and corporatist wings of the Democrat party @ @ @ @ @ , regardless of who wins .
So get ready for a divorce that produces an @ @ @ @ @ centrist party populated by the Clintons , Bidens and Obamas .

BY JOHN RUBINO
Forget about Fox News and MSNBC. The really interesting stuff is happening outside the echo chambers, as far-left journalists declare war on the corporatist wing of the Democrat party.
Among their beefs: The obsessive focus of the past three years on Russiagate and then Ukrainegate drained all the progressive energy that would otherwise have gone towards opposing Trump on policy. And now that those wrong turns have been proven to be not just false today but known to have been false before the investigations even started, Trump has an energized base and copious material for attack ads and high-profile investigations heading into his re-election campaign.
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The next two videos feature legitimate journalists who tower over anyone now on MSNBC, and should enrage everyone, right, left or center, who values the rule of law.
It’s hard to imagine the progressive and corporatist wings of the Democrat party coexisting after the next election, regardless of who wins. So get ready for a divorce that produces an American Socialist Party and a centrist party populated by the Clintons, Bidens and Obamas.


investmentwatchblog--2020-05-16--“The Days Of Globalists Have Come To An End”, A New System Is Being Born

The D ’ s believe that this is the time to put their economic plan in action , they want @ @ @ @ @ a 3rd world economy , they want to move ahead with it , they have @ @ @ @ @ been dismantling their plan .
The economy is continuing to come online as more business @ @ @ @ @ the “ the days of globalists have come to an end ”

The D’s believe that this is the time to put their economic plan in action, they want to bring the US to a 3rd world economy, they want to move ahead with it, they have already failed, Trump has been dismantling their plan. The economy is continuing to come online as more business open up. Trump says the “the days of globalists have come to an end”
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investmentwatchblog--2020-05-16--Von Greyerz: “You Can’t Avoid The Final Collapse”

As the Nasdaq makes a new high for the year , the world outside the stock market timebomb is falling apart .
For example the UN agency , The International Labour Organisation ( ILO ) reports that 1.6 billion jobs are at risk in the global economy .
That is half of the global workforce of 3.3 billion .
Particularly vulnerable are the 2 billion people in the informal economy .
For most of these vulnerable people , this means no income , no food and no security reports the ILO .
This is a human tragedy on a massive @ @ @ @ @ @ @ world are totally unaware .
Looking at the UK , 23 million people which is half of all adults are now paid by the state .
This includes people being furloughed , on unemployment benefits and public sector workers and pensioners .
That is just an incredible proportion of the population which are getting free money for making no productive contribution .
Yes , the human side is of course incredibly important and suffering people should be helped .
The problem is only that THERE IS NO MONEY .
What half of the @ @ @ @ @ @ @ doesn ’ t exist but is just printed out of thin air and thus has no real value .
If we take the US , Q2 GDP is forecast at -35 % .
Over 20 million have lost their jobs and both small and big businesses are going into a black hole .
Most of these 20 million have no savings and couldn ’ t survive for one month without government handouts .
If we take the real US unemployment figure based on ShawdowStats , it is now 39 % .
If we @ @ @ @ @ @ @ during the depression in the 1930s , it is a staggering figure .
If the world , as I believe , has now entered a secular downturn of major proportions , many of these 20 million will never get their jobs back .
That either means no income , no food , and nowhere to live or the government assisting these people permanently .
Both of these outcomes will lead to perdition .
No income means misery , disease and eventually a lot of people dying .
Money printing is sadly no solution @ @ @ @ @ @ @ a larger scale , the currency will be totally debased , become worthless with hyperinflation to follow .
Just look at Venezuela with a major part of the population struggling to survive .
THERE IS NO SOLUTION This is what is so sad with the current economic crisis – there is no solution .
Nobody should believe that it is the Coronavirus that has caused this catastrophe for the world .
CV was the catalyst but the underlying problems have been there for a long time .
The Great Financial Crisis in 2006-9 @ @ @ @ @ @ @ money printing but it was never solved .
The GFC was only a rehearsal and now the world is facing the inevitable collapse of the financial system .
That there was something rotten in the Kingdom of Denmark the World became crystal clear in the late summer and early autumn of 2019 .
The ECB then made it clear for a second time that they will do whatever it takes .
And then the Fed started with daily and weekly Repos of $ 100s of millions .
We have never been told the @ @ @ @ @ @ @ actions but it is totally clear that the financial system is crumbling under the burden of massive debts and derivatives .
And then in February-March this year the most horrible catalyst in the form of a pandemic hit a fragile world economy at the worst possible moment .
In my opinion , the world economy , lumbered with debts and deficits , would have crashed without the Coronavirus .
But CV makes the problem much bigger and will cause the economic collapse to happen much faster .
What central banks around the world @ @ @ @ @ @ @ difference when it comes to saving the world economy .
You can not solve a debt problem with more debt .
The bankers have managed for some time to fool the world that creating money out of thin air can create wealth .
But the world will very soon realise that it can ’ t .
Global debt has more than doubled since the last crisis started .
It was $ 125 trillion in 2006 and now global debt is over $ 270 trillion .
With the current money printing that figure will @ @ @ @ @ @ @ increase by $ 100s of trillions .
It is totally incomprehensible that stock market investors have for 7 weeks been buying the dip in the light of the world collapsing around them .
They seem to be totally oblivious to the world economy .
Instead they are just focusing on the injection of liquidity in the form of worthless money .
These investors seem to believe that finance stands above everything else and is totally detached from what is happening in the real world .
It seems that these investors believe there is @ @ @ @ @ @ @ which is finance and money printing .
The worse the economy turns , the more money is printed and stock market investors love it .
This is why the Nasdaq Composite has just made a new high for the year .
This is just unreal .
The world economy is totally paralysed but who cares when you have money printers who can just create trillions out of thin air .
And who cares about companies making profits when central banks can create all the money the world needs .
So it is really @ @ @ @ @ @ @ is booming and causing all this euphoria in stock markets .
To make money in the stock market you don ’ t need companies producing goods .
All you need is a friendly central banker who keeps on printing .
Or at least until now !
What these investors don ’ t realise is that “ there is no means of avoiding the final collapse of a boom brought about by credit expansion ” .
This is what the wise Austrian economist von Mises said .
I urge you to read his words @ @ @ @ @ @ @ now printing more money which makes it clear that we won ’ t see a voluntary abandonment of credit expansion Instead , the world is now in the final stage of credit expansion which will lead to hyperinflation and “ total catastrophe of the currency system involved.
” So what is going to be the likely effect on markets in the coming weeks and months : The irrational exuberance in stocks is soon coming to an end .
It could end next week or last another couple of weeks .
But whenever it @ @ @ @ @ @ @ as a shock for investors and be at least as bad as the initial fall .
Long term we are looking at stocks collapsing more than 95 % in real terms .
Let ’ s just look at the Dow/Gold ratio which topped in 1999 at 45 and is now 13.7 .
This ratio has been in a correction up since 2011 but has now resumed the downtrend .
This correction is very similar to the correction in the 1970s .
See the red arrows below in the graph .
What makes this @ @ @ @ @ @ @ of the moves .
Since the creation of the Fed in 1913 and the closing of the gold windows by most countries ( the US being the last in 1971 ) , the chart is showing major swings and tops and bottoms are much more exaggerated than before 1913 .
This is caused by the constant interference of central banks and their manipulation of markets .
There are no real markets today .
Prices are set in a casino that has little resemblance with reality .
The credit expansion and fake money has @ @ @ @ @ @ @ instruments .
If you don ’ t believe that , just wait to see what will happen next in markets .
As the Dow/Gold chart shows above , the next target in the ratio is likely to be 0.5:1 or lower .
In 1980 it was 1:1 ( Dow 850 and Gold $ 850 ) .
The trend line is now at 0.5 which means that the Dow is likely to fall by at least 96 % vs gold in the next few years .
In my view , it could even overshoot @ @ @ @ @ @ @ even if the Dow only fell to say 10,000 , at a Dow/Gold ratio of 0.5 , that would mean a gold price of $ 20,000 which I believe is very probable , even without high inflation .
Even more interesting is Dow/Silver Ratio .
The Gold/Silver ratio is now over 100 but is in the next few years likely to return below the long term average of 15 .
If we then look at the Dow / Silver ratio this shows how traditional investments will totally collapse against hard assets and especially @ @ @ @ @ @ @ The chart below shows what a major move we are likely to see .
This ratio is now at 1573 .
In 1980 it was at 17:1 .
If it falls to the long term trend line it could reach 6 .
That is a 99.6 % fall of the Dow vs Silver in the next few years .
That is both spectacular or devastating depending on which side you take .
So silver is likely to outperform most investments in the next few years and lead to enormous gains .
But we @ @ @ @ @ @ @ and not for widows and orphans .
We recommend to our investors to hold 20-25 % silver and 75-80 % gold in order to sleep well at night .
Let ’ s say that the Dow declines to 10,000 in the next few years .
With a Dow/Silver ratio of 6 , that would mean a silver price of $ 1,666 .
Certainly not impossible .
Normally the real moves in the metals are always led by silver .
The gold/silver ratio has come down from 126 in mid-March to 110 today and @ @ @ @ @ @ @ more strongly very soon .
Silver is now going up slightly faster than gold which is what we want to see when the uptrend in the metals resume .
So I expect a major move up in gold and silver to be imminent .
But as I keep warning investors , you are not holding metals for gains measured in worthless paper money but for financial survival and for protection of your wealth against a collapsing financial system .

Authored by Egon von Greyerz via GoldSwitzerland.com,
As the Nasdaq makes a new high for the year, the world outside the stock market timebomb is falling apart. For example the UN agency, The International Labour Organisation (ILO) reports that 1.6 billion jobs are at risk in the global economy. That is half of the global workforce of 3.3 billion. Particularly vulnerable are the 2 billion people in the informal economy. For most of these vulnerable people, this means no income, no food and no security reports the ILO. This is a human tragedy on a massive scale and most people in the Western world are totally unaware.
HALF UK ADULTS PAID BY THE STATE
Looking at the UK, 23 million people which is half of all adults are now paid by the state. This includes people being furloughed, on unemployment benefits and public sector workers and pensioners. That is just an incredible proportion of the population which are getting free money for making no productive contribution. Yes, the human side is of course incredibly important and suffering people should be helped. The problem is only that THERE IS NO MONEY. What half of the adult population is receiving is money that doesn’t exist but is just printed out of thin air and thus has no real value.
REAL US UNEMPLOYMENT 39%
If we take the US, Q2 GDP is forecast at -35%. Over 20 million have lost their jobs and both small and big businesses are going into a black hole. Most of these 20 million have no savings and couldn’t survive for one month without government handouts. If we take the real US unemployment figure based on ShawdowStats, it is now 39%. If we compare that to the 25% unemployment during the depression in the 1930s, it is a staggering figure.
If the world, as I believe, has now entered a secular downturn of major proportions, many of these 20 million will never get their jobs back. That either means no income, no food, and nowhere to live or the government assisting these people permanently. Both of these outcomes will lead to perdition. No income means misery, disease and eventually a lot of people dying. Money printing is sadly no solution either. Once money is printed on a larger scale, the currency will be totally debased, become worthless with hyperinflation to follow. Just look at Venezuela with a major part of the population struggling to survive.
THERE IS NO SOLUTION
This is what is so sad with the current economic crisis – there is no solution. Nobody should believe that it is the Coronavirus that has caused this catastrophe for the world. CV was the catalyst but the underlying problems have been there for a long time. The Great Financial Crisis in 2006-9 was temporarily patched up with trillions of money printing but it was never solved. The GFC was only a rehearsal and now the world is facing the inevitable collapse of the financial system.
CENTRAL BANKS PANICKED IN AUTUMN OF 2019
That there was something rotten in the Kingdom of Denmark the World became crystal clear in the late summer and early autumn of 2019. The ECB then made it clear for a second time that they will do whatever it takes. And then the Fed started with daily and weekly Repos of $100s of millions. We have never been told the reason for these Central Banks’ panic actions but it is totally clear that the financial system is crumbling under the burden of massive debts and derivatives.
And then in February-March this year the most horrible catalyst in the form of a pandemic hit a fragile world economy at the worst possible moment. In my opinion, the world economy, lumbered with debts and deficits, would have crashed without the Coronavirus. But CV makes the problem much bigger and will cause the economic collapse to happen much faster.
What central banks around the world are doing will not make one iota difference when it comes to saving the world economy. You cannot solve a debt problem with more debt. The bankers have managed for some time to fool the world that creating money out of thin air can create wealth. But the world will very soon realise that it can’t. Global debt has more than doubled since the last crisis started. It was $125 trillion in 2006 and now global debt is over $270 trillion. With the current money printing that figure will soon be over $300T and later increase by $100s of trillions.
MISPLACED IRRATIONAL EXUBERANCE
It is totally incomprehensible that stock market investors have for 7 weeks been buying the dip in the light of the world collapsing around them. They seem to be totally oblivious to the world economy. Instead they are just focusing on the injection of liquidity in the form of worthless money. These investors seem to believe that finance stands above everything else and is totally detached from what is happening in the real world.
It seems that these investors believe there is only one important sector in the economy which is finance and money printing. The worse the economy turns, the more money is printed and stock market investors love it. This is why the Nasdaq Composite has just made a new high for the year. This is just unreal. The world economy is totally paralysed but who cares when you have money printers who can just create trillions out of thin air.
And who cares about companies making profits when central banks can create all the money the world needs. So it is really fortunate for investors that the money business is booming and causing all this euphoria in stock markets. To make money in the stock market you don’t need companies producing goods. All you need is a friendly central banker who keeps on printing. Or at least until now!
YOU CAN’T AVOID THE FINAL COLLAPSE
What these investors don’t realise is that “there is no means of avoiding the final collapse of a boom brought about by credit expansion”. This is what the wise Austrian economist von Mises said. I urge you to read his words below:
Central banks and governments are now printing more money which makes it clear that we won’t see a voluntary abandonment of credit expansion
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Instead, the world is now in the final stage of credit expansion which will lead to hyperinflation and “total catastrophe of the currency system involved.”
Sadly this is totally unavoidable.
So what is going to be the likely effect on markets in the coming weeks and months:
MARKETS
The irrational exuberance in stocks is soon coming to an end. It could end next week or last another couple of weeks. But whenever it comes, the next fall will come as a shock for investors and be at least as bad as the initial fall. Long term we are looking at stocks collapsing more than 95% in real terms.
GOLD AT $20,000
Let’s just look at the Dow/Gold ratio which topped in 1999 at 45 and is now 13.7. This ratio has been in a correction up since 2011 but has now resumed the downtrend. This correction is very similar to the correction in the 1970s. See the red arrows below in the graph.
What makes this 200-year chart so fascinating is the amplitude of the moves. Since the creation of the Fed in 1913 and the closing of the gold windows by most countries (the US being the last in 1971), the chart is showing major swings and tops and bottoms are much more exaggerated than before 1913. This is caused by the constant interference of central banks and their manipulation of markets. There are no real markets today. Prices are set in a casino that has little resemblance with reality. The credit expansion and fake money has led to fake prices in virtually all instruments. If you don’t believe that, just wait to see what will happen next in markets.
As the Dow/Gold chart shows above, the next target in the ratio is likely to be 0.5:1 or lower. In 1980 it was 1:1 (Dow 850 and Gold $850). The trend line is now at 0.5 which means that the Dow is likely to fall by at least 96% vs gold in the next few years. In my view, it could even overshoot and go a lot lower.
But even if the Dow only fell to say 10,000, at a Dow/Gold ratio of 0.5, that would mean a gold price of $20,000 which I believe is very probable, even without high inflation.
SILVER AT $1,666
Even more interesting is Dow/Silver Ratio. The Gold/Silver ratio is now over 100 but is in the next few years likely to return below the long term average of 15.
If we then look at the Dow / Silver ratio this shows how traditional investments will totally collapse against hard assets and especially against silver which is dramatically undervalued. The chart below shows what a major move we are likely to see. This ratio is now at 1573. In 1980 it was at 17:1. If it falls to the long term trend line it could reach 6. That is a 99.6% fall of the Dow vs Silver in the next few years. That is both spectacular or devastating depending on which side you take. So silver is likely to outperform most investments in the next few years and lead to enormous gains. But we must remember that silver is incredibly volatile and not for widows and orphans. We recommend to our investors to hold 20-25% silver and 75-80% gold in order to sleep well at night.
Let’s say that the Dow declines to 10,000 in the next few years. With a Dow/Silver ratio of 6, that would mean a silver price of $1,666. Certainly not impossible.
Normally the real moves in the metals are always led by silver. The gold/silver ratio has come down from 126 in mid-March to 110 today and looks like it is about to fall more strongly very soon. Silver is now going up slightly faster than gold which is what we want to see when the uptrend in the metals resume.
So I expect a major move up in gold and silver to be imminent. But as I keep warning investors, you are not holding metals for gains measured in worthless paper money but for financial survival and for protection of your wealth against a collapsing financial system.


investmentwatchblog--2020-05-16--We’re Back, You Must Show Them, Only Then Will People Have The Will To Change

The [ DS ] /MSM have lost the event , more states are opening , those states that are receiving @ @ @ @ @ DS ] are trying to stay closed and push mail-in voting , this will fail @ @ @ @ @ bringing legal action .
Trump moves forward with this plan to show everyone what tyranny @ @ @ @ @ MSM/ [ DS ] with exactly what they want to hear , vaccines are coming @ @ @ @ @ Trump is working behind the scenes on another plan .

The [DS]/MSM have lost the event, more states are opening, those states that are receiving marching orders from the [DS] are trying to stay closed and push mail-in voting, this will fail, the DOJ will be bringing legal action. Trump moves forward with this plan to show everyone what tyranny looks like and feeds the MSM/[DS] with exactly what they want to hear, vaccines are coming, or are they. Trump is working behind the scenes on another plan.
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investmentwatchblog--2020-05-16--Here’s What Collapsed, Spiked, or Hung On in 12 Charts of Retail Sales (Yes, Department Stores Were

Here’s What Collapsed, Spiked, or Hung On in 12 Charts of Retail Sales (Yes, Department Stores Were Already Toast)

Ecommerce booms .
Years of brick-and-mortar meltdown gets compressed into a few months .
Just how hard it is to even track the sudden collapse of brick-and-mortar retail sales when many stores are temporarily shut down and when the Census Bureau was operating at reduced capacity , was made clear in a special note when the Census Bureau released its report on retail sales today .
The store locations across the US are normally contacted in various ways , including by email , regular mail , and phone calls .
But this time , most of it was shifted to @ @ @ @ @ @ @ $ 0 sales were “ tabulated with $ 0 sales as long as the company was viewed to be representative of other companies in the same industry.
” The hot and the near-dead all averaged out : Total retail sales – which averages out the segments where sales soared and segments where sales collapsed to near zero , and we ’ ll get to them in a moment – plunged 16.4 % in April from March after having already plunged 8.3 % in March from February , to $ 404 billion , seasonally @ @ @ @ @ @ @ from April last year .
It was the lowest total since September 2012 : Where sales were hot — or at least not plunging .
Sales at grocery stores and beverage stores had spiked in March by 28 % year-over-year to $ 82 billion after consumption shifted from restaurants , offices , and hotels to households .
This was peppered with bouts of panic buying , hoarding , and contemplating empty shelves .
But in April , these dynamics settled down somewhat .
Sales at these stores dropped 13 % in April from @ @ @ @ @ @ @ but were still up an astounding 12 % from April last year – “ astounding ” because the grocery and beverage business is marked by persistent slow growth that is a function of population growth and price increases .
That ’ s why grocery and beverage stores are considered “ recession proof ” – note the barely perceptible down-tick during the Financial Crisis .
People will always buy food though they might skip other purchases .
But what happened in March and April shows to what extent consumption suddenly shifted : Sales at @ @ @ @ @ @ @ partially with ecommerce but includes catalogue and mail-order operations , door-to-door sales , sales at temporary stalls and at vending machines .
Powered by the boom in ecommerce – no matter how the other segments in this category fared – sales jumped by 8.4 % in April from March and by 21.6 % from April last year , to $ 78 billion : Sales at building materials , garden supply and equipment stores ( includes hardware stores and stores like Home Depot ) fell 3.5 % in April from March , to $ @ @ @ @ @ @ @ 0.4 % from April last year .
As lousy as this is , in the current environment , it ’ s a huge accomplishment : As for the rest , it was between ugly and beyond ugly .
Sales at general merchandise stores ( Walmart and Costco are in this category ) had spiked in March on panic buying and in April fell 19.5 % from March to $ 45 billion , giving up all the March gains plus some , and were down 7.3 % from a year ago .
Department stores @ @ @ @ @ @ @ ’ re special , they ’ re approaching the end of their life cycle for other reasons , so I removed them and displayed them separately further down .
Brick-and-mortar department stores turned into zombies .
Sales at department stores have been declining since their peak in 2001 .
Many iconic stores , including Sears and Bon Ton , have been dismembered in bankruptcy court .
Luxury department store Neiman Marcus filed for bankruptcy last week .
JCPenney will file for bankruptcy shortly .
Lord & Taylor is planning to liquidate all its @ @ @ @ @ @ @ the largest surviving one , Macy ’ s , have announced wave after wave of store closings – for years .
Brick-and-mortar department stores were zombies long before Covid-19 appeared on the scene .
Now the process is compressing the structural shift from many years into a few months .
But Macy ’ s , Nordstrom , and others with a strong online brand can thrive as ecommerce retailers if they don ’ t screw it up by expense-cutting their online operations into ruin .
Before Covid-19 came along , department store sales @ @ @ @ @ @ @ 20 billion a month at the peak in 2001 to 11 billion a month earlier this year , despite two decades of inflation and population growth .
Then in March , sales collapsed 24 % from February , and in April sales collapsed another 29 % from March , to just $ 6 billion : Sales at clothing & accessory stores fell to near-zero .
Sales at brick-and-mortar stores had been stagnating for two years .
They were shifting to ecommerce though many pundits had said that people would never buy clothes online @ @ @ @ @ @ @ in April collapsed further .
Over the two-month period , sales have collapsed by 90 % to just $ 2 billion : Sales at new & used vehicle dealers and at parts stores plunged 13.6 % in April from March and 33.5 % from April last year to $ 69 billion , a number first seen in February 2000 – a yes , back to the good old day of Y2K : Sales at bars and restaurants collapsed by 30 % in April from March , to $ 32 billion , the lowest @ @ @ @ @ @ @ % from April last year .
Sit-down operations have largely been shut down , or have changed to take-out and delivery operations , which can keep at least some cash flowing .
Most bars were closed .
Other food services operations that weren ’ t relying on sit-down service , such as sandwich shops , are trying to wend their way through this , though lunch demand has plunged in many locations as people are working from home or have been laid off : Sales at sporting goods , hobby , book and @ @ @ @ @ @ @ from March and 49 % year-over-year to just $ 3 billion .
But even before Covid-19 hit , sales at these stores had been swooning .
In 2019 and 2020 through February , sales were back where they ’ d first been in 2006 : Sales at gas stations – which includes junk food and other stuff people buy at gas stations – plunged 29 % in April from March and 43 % from April last year , to $ 25 billion .
This is a function of both , declining demand for @ @ @ @ @ @ @ , and the plunging price of gasoline at the pump .
Sales at gas stations have now fallen below the low of the Financial Crisis and are back to 2003 levels : Sales at furniture and home furnishing stores collapsed by 59 % in April from March and by 66 % year-over-year , to just $ 3 billion : What we ’ re seeing here is how the Covid-19 crisis compressed the brick-and-mortar meltdown that has been going on for years into a much shorter time span .
Many of these stores were @ @ @ @ @ @ @ business model under relentless attack from ecommerce .
And this crisis will cause many of them to shut down permanently now rather than a year or two from now .
And ecommerce was booming before Covid-19 and has suddenly taken on a new role and a new magnitude that often exceeded the capacity of the fulfillment infrastructure .
Companies have spent billions of dollars every year building out their ecommerce infrastructure , but no one was prepared for this .

Ecommerce booms. Years of brick-and-mortar meltdown gets compressed into a few months.
Just how hard it is to even track the sudden collapse of brick-and-mortar retail sales when many stores are temporarily shut down and when the Census Bureau was operating at reduced capacity, was made clear in a special note when the Census Bureau released its report on retail sales today. The store locations across the US are normally contacted in various ways, including by email, regular mail, and phone calls. But this time, most of it was shifted to email and online. Stores that reported $0 sales were “tabulated with $0 sales as long as the company was viewed to be representative of other companies in the same industry.”
The hot and the near-dead all averaged out:
Total retail sales – which averages out the segments where sales soared and segments where sales collapsed to near zero, and we’ll get to them in a moment – plunged 16.4% in April from March after having already plunged 8.3% in March from February, to $404 billion, seasonally adjusted. This was down 21.6% from April last year. It was the lowest total since September 2012:
Where sales were hot — or at least not plunging.
Sales at grocery stores and beverage stores had spiked in March by 28% year-over-year to $82 billion after consumption shifted from restaurants, offices, and hotels to households. This was peppered with bouts of panic buying, hoarding, and contemplating empty shelves. But in April, these dynamics settled down somewhat.
Sales at these stores dropped 13% in April from March, to $71 billion, but were still up an astounding 12% from April last year – “astounding” because the grocery and beverage business is marked by persistent slow growth that is a function of population growth and price increases. That’s why grocery and beverage stores are considered “recession proof” – note the barely perceptible down-tick during the Financial Crisis. People will always buy food though they might skip other purchases. But what happened in March and April shows to what extent consumption suddenly shifted:
Sales at non-store retailers soared. This category overlaps partially with ecommerce but includes catalogue and mail-order operations, door-to-door sales, sales at temporary stalls and at vending machines. Powered by the boom in ecommerce – no matter how the other segments in this category fared – sales jumped by 8.4% in April from March and by 21.6% from April last year, to $78 billion:
Sales at building materials, garden supply and equipment stores (includes hardware stores and stores like Home Depot) fell 3.5% in April from March, to $32 billion, but was still up 0.4% from April last year. As lousy as this is, in the current environment, it’s a huge accomplishment:
As for the rest, it was between ugly and beyond ugly.
Sales at general merchandise stores without department stores (Walmart and Costco are in this category) had spiked in March on panic buying and in April fell 19.5% from March to $45 billion, giving up all the March gains plus some, and were down 7.3% from a year ago. Department stores are in this category, but they’re special, they’re approaching the end of their life cycle for other reasons, so I removed them and displayed them separately further down.
Brick-and-mortar department stores turned into zombies. Sales at department stores have been declining since their peak in 2001. Many iconic stores, including Sears and Bon Ton, have been dismembered in bankruptcy court. Luxury department store Neiman Marcus filed for bankruptcy last week. JCPenney will file for bankruptcy shortly. Lord & Taylor is planning to liquidate all its stores. Other department stores, including the largest surviving one, Macy’s, have announced wave after wave of store closings – for years.
Brick-and-mortar department stores were zombies long before Covid-19 appeared on the scene. Now the process is compressing the structural shift from many years into a few months. But Macy’s, Nordstrom, and others with a strong online brand can thrive as ecommerce retailers if they don’t screw it up by expense-cutting their online operations into ruin.
We are primarily funded by readers. Please subscribe and donate to support us!
Before Covid-19 came along, department store sales had collapsed by 45% from $20 billion a month at the peak in 2001 to 11 billion a month earlier this year, despite two decades of inflation and population growth. Then in March, sales collapsed 24% from February, and in April sales collapsed another 29% from March, to just $6 billion:
Sales at clothing & accessory stores fell to near-zero. Sales at brick-and-mortar stores had been stagnating for two years. They were shifting to ecommerce though many pundits had said that people would never buy clothes online. Then in March sales collapsed and in April collapsed further. Over the two-month period, sales have collapsed by 90% to just $2 billion:
Sales at new & used vehicle dealers and at parts stores plunged 13.6% in April from March and 33.5% from April last year to $69 billion, a number first seen in February 2000 – a yes, back to the good old day of Y2K:
Sales at bars and restaurants collapsed by 30% in April from March, to $32 billion, the lowest since 2005, and were down 49% from April last year. Sit-down operations have largely been shut down, or have changed to take-out and delivery operations, which can keep at least some cash flowing. Most bars were closed. Other food services operations that weren’t relying on sit-down service, such as sandwich shops, are trying to wend their way through this, though lunch demand has plunged in many locations as people are working from home or have been laid off:
Sales at sporting goods, hobby, book and music stores plunged 38% in April from March and 49% year-over-year to just $3 billion. But even before Covid-19 hit, sales at these stores had been swooning. In 2019 and 2020 through February, sales were back where they’d first been in 2006:
Sales at gas stations – which includes junk food and other stuff people buy at gas stations – plunged 29% in April from March and 43% from April last year, to $25 billion. This is a function of both, declining demand for gasoline as commuting has fallen off drastically, and the plunging price of gasoline at the pump. Sales at gas stations have now fallen below the low of the Financial Crisis and are back to 2003 levels:
Sales at furniture and home furnishing stores collapsed by 59% in April from March and by 66% year-over-year, to just $3 billion:
What we’re seeing here is how the Covid-19 crisis compressed the brick-and-mortar meltdown that has been going on for years into a much shorter time span. Many of these stores were already on the ropes, with their business model under relentless attack from ecommerce. And this crisis will cause many of them to shut down permanently now rather than a year or two from now.
And ecommerce was booming before Covid-19 and has suddenly taken on a new role and a new magnitude that often exceeded the capacity of the fulfillment infrastructure. Companies have spent billions of dollars every year building out their ecommerce infrastructure, but no one was prepared for this.


investmentwatchblog--2020-05-16--It Wasn’t The “Virus” That Crashed The Economy, It Was The People Who Obeyed

Most atrocities in human history have all been committed by individuals and agents of government who were “ just following orders ” or “ just obeying the law.
” The virus didn ’ t give any orders .
It was the people who obeyed the commands of tyrants that crashed the economy and ruined the livelihoods of others .
Most human beings still think like slaves .
Instead of asking questions or using critical thinking skills to ask if something is right before doing it , they simply obey perceived “ authority ” .
The truth is , this lockdown @ @ @ @ @ @ @ and everyone who used forced to exact revenge on those who disobeyed .
It was the same in all tyrannical takeovers in history .
The mainstream media keeps blaming the economic devastation on the coronavirus , but it wasn ’ t the fault of a virus .
It was the fault of the government and the slave mentality of the police and the public willingly obeying their commands .
Mainstream media outlets are still trying desperately to spin the narrative and fault the “ invisible enemy ” for the very real toll on @ @ @ @ @ @ @ has already caused .
This is nothing more than propaganda , and once you pick it up , you ’ ll be able to see it .
The media doesn ’ t want you to put the blame where it belongs and figure things out for yourself , so they hide behind deception headlines that will keep you in fear of COVID-19 as long as possible .
This is all a part of the larger plan to keep the public panicked about a virus and looking the other way when the tyrannical boots @ @ @ @ @ @ @ .
We know this is what the media does , and we know they are doing it to keep the ruling class in power and the public panicked and in a constant state of fear so they will comply with any and all enslavement measures .
Larken Rose , the author of Most Dangerous Superstition , lays out just how horrifyingly devastating it is for humans to remain unevolved to the point that they will not say “ no ” to an immoral command .
The primary threat to freedom and justice is @ @ @ @ @ @ @ any of the other emotions or human flaws usually blamed for such things .
Instead , it is one ubiquitous superstition that infects the minds of people of all races , religions , and nationalities , which deceives decent , well-intentioned people into supporting and advocating violence and oppression .
Even without making human beings one bit more wise or virtuous , removing that one superstition would remove the vast majority of injustice and suffering from the world .
Instead of just blindly obeying the commands , think about it and ask if @ @ @ @ @ @ @ Do you have the moral right to take the rights of others ?
Applying even the most minimal amount of critical thinking to something can usually get people to what is right .
But you have to do be willing to take a look at yourself , and correct your mistakes yourself , and take responsibility for your own actions .
Which is exactly why most Americans won ’ t .
Blaming a virus and blindly obeying the ruling class and it ’ s foot soldiers is much easier than critical thinking .
@ @ @ @ @ @ @ to you by those willing to follow commands , regardless of the morality of the command .
Tyrants can ’ t have power without people willing to enforce the tyranny .
If there are no order followers , there are no orders .

Authored by Mac Slavo via SHTFplan.com,
Most atrocities in human history have all been committed by individuals and agents of government who were “just following orders” or “just obeying the law.” The virus didn’t give any orders. It was the people who obeyed the commands of tyrants that crashed the economy and ruined the livelihoods of others.
Most human beings still think like slaves. Instead of asking questions or using critical thinking skills to ask if something is right before doing it, they simply obey perceived “authority”. The truth is, this lockdown is the fault of everyone who complied and everyone who used forced to exact revenge on those who disobeyed. It was the same in all tyrannical takeovers in history.
The mainstream media keeps blaming the economic devastation on the coronavirus, but it wasn’t the fault of a virus. It was the fault of the government and the slave mentality of the police and the public willingly obeying their commands.
Mainstream media outlets are still trying desperately to spin the narrative and fault the “invisible enemy” for the very real toll on human life the government’s overreaction has already caused. This is nothing more than propaganda, and once you pick it up, you’ll be able to see it. The media doesn’t want you to put the blame where it belongs and figure things out for yourself, so they hide behind deception headlines that will keep you in fear of COVID-19 as long as possible.
We are primarily funded by readers. Please subscribe and donate to support us!
This is all a part of the larger plan to keep the public panicked about a virus and looking the other way when the tyrannical boots of the state come down on them. We know this is what the media does, and we know they are doing it to keep the ruling class in power and the public panicked and in a constant state of fear so they will comply with any and all enslavement measures.
Larken Rose, the author of Most Dangerous Superstition, lays out just how horrifyingly devastating it is for humans to remain unevolved to the point that they will not say “no” to an immoral command. The primary threat to freedom and justice is not greed, or hatred, or any of the other emotions or human flaws usually blamed for such things. Instead, it is one ubiquitous superstition that infects the minds of people of all races, religions, and nationalities, which deceives decent, well-intentioned people into supporting and advocating violence and oppression. Even without making human beings one bit more wise or virtuous, removing that one superstition would remove the vast majority of injustice and suffering from the world.
Instead of just blindly obeying the commands, think about it and ask if what you are doing is right. Do you have the moral right to take the rights of others? Applying even the most minimal amount of critical thinking to something can usually get people to what is right. But you have to do be willing to take a look at yourself, and correct your mistakes yourself, and take responsibility for your own actions. Which is exactly why most Americans won’t. Blaming a virus and blindly obeying the ruling class and it’s foot soldiers is much easier than critical thinking.
The police state and tyranny is brought to you by those willing to follow commands, regardless of the morality of the command. Tyrants can’t have power without people willing to enforce the tyranny. If there are no order followers, there are no orders.


investmentwatchblog--2020-05-16--Huge Protests in Germany Against Government’s Lockdowns

The German Press is starting to wake up at last after a period of just saying Yes mam !
They have run the story that if we acted rationally , we could quickly overcome the consequences of the corona crisis .
But politics is deliberately spreading panic among the population and stirring up fear – and in this way causes a severe economic crisis .
For today , the initiative “ lateral thinking 711 ” announced a rally with 500,000 participants in Stuttgart have registered .
But there are protests rising in Munich and Berlin .
The number of people @ @ @ @ @ @ @ is trying with the aid of most press to label these people as right-wing racists because they can not address their actions on false forecasts .
Meanwhile , unknown persons have set up a replica tombstone in front of Chancellor Angela Merkel ’ s ( CDU ) constituency office in Stralsund symbolizing her reign some call of Terror between the refugees and now the virus over-reaction has destroy their lib=vlihoods and their future .
On top of that , the rising resentment against the Eurozone control from Brussels has many wanting to kill @ @ @ @ @ @ @ .
I have warned that the cultural divides are far too great and this virus is being used for a total environmental reconstruction of the economy by sheer force .
The lack of a transition or any planning whatsoever has cast the livelihoods and future of the world population is tremendous jeopardy and has drastically increased the outcome of our forecasts for not just the collapse of the Euro , but the rise in civil unrest and international war .
Trump has been advised that there is a tremendous risk rising of war @ @ @ @ @ @ @ government is reportedly working to replace all industrial supply chains from China .
This is a strategic move in light of rising tensions .
But this has already been implemented by the global ban on travel and movement of commerce thanks to the Coronavirus scare worldwide .
What Trump will be looking at is replacing those supply chains as they are closed at this moment .
This lockdown over the virus has destroyed the supply chains in so many areas because Gates and crew thought they could just destroy fossil fuels and rebuild @ @ @ @ @ @ @ transitions for employment .
During the Great Depression , it was the Dust Bowl that destroyed agricultural jobs and created the Hobo Movement because people had no income .
This time it is Gates and he never considered what he was doing to society – only his Climate Change dream .
Even in the United States , we are witnessing rising civil unrest against UNCONSTITUTIONAL lockdowns .
This is going to rise as we head into November and the Democratic states , like California , think if they oppress the people hard enough @ @ @ @ @ @

by Martin Armstrong
The German Press is starting to wake up at last after a period of just saying Yes mam! They have run the story that if we acted rationally, we could quickly overcome the consequences of the corona crisis. But politics is deliberately spreading panic among the population and stirring up fear – and in this way causes a severe economic crisis.
For today, the initiative “lateral thinking 711” announced a rally with 500,000 participants in Stuttgart have registered. But there are protests rising in Munich and Berlin. The number of people may reach 1 million.
The government is trying with the aid of most press to label these people as right-wing racists because they cannot address their actions on false forecasts. Meanwhile, unknown persons have set up a replica tombstone in front of Chancellor Angela Merkel’s (CDU) constituency office in Stralsund symbolizing her reign some call of Terror between the refugees and now the virus over-reaction has destroy their lib=vlihoods and their future.
We are primarily funded by readers. Please subscribe and donate to support us!
On top of that, the rising resentment against the Eurozone control from Brussels has many wanting to kill the Euro and return to national currencies. I have warned that the cultural divides are far too great and this virus is being used for a total environmental reconstruction of the economy by sheer force. The lack of a transition or any planning whatsoever has cast the livelihoods and future of the world population is tremendous jeopardy and has drastically increased the outcome of our forecasts for not just the collapse of the Euro, but the rise in civil unrest and international war.
Trump has been advised that there is a tremendous risk rising of war. According to sources, the U.S. government is reportedly working to replace all industrial supply chains from China. This is a strategic move in light of rising tensions. But this has already been implemented by the global ban on travel and movement of commerce thanks to the Coronavirus scare worldwide. What Trump will be looking at is replacing those supply chains as they are closed at this moment.
This lockdown over the virus has destroyed the supply chains in so many areas because Gates and crew thought they could just destroy fossil fuels and rebuild without any consideration of how people make transitions for employment. During the Great Depression, it was the Dust Bowl that destroyed agricultural jobs and created the Hobo Movement because people had no income. This time it is Gates and he never considered what he was doing to society – only his Climate Change dream.
Even in the United States, we are witnessing rising civil unrest against UNCONSTITUTIONAL lockdowns. This is going to rise as we head into November and the Democratic states, like California, think if they oppress the people hard enough, they will blame Trump.


investmentwatchblog--2020-05-16--Youtube Removes Interview with 35 Year Veteran of Epidemiology

Youtube has now censored an interview with Knut Wittkowski , a well respected epidemiologist of 35 years , because in @ @ @ @ @ the lockdown measures were wrong based on the data we now have and that herd @ @ @ @ @ be aiming to achieve .
This information was censored by Youtube for “ violating community @ @ @ @ @ medical science and there is no rationally explaining it away anymore .
Knut was head @ @ @ @ @ , Epidemiology , and Research Design at Rockefeller University for 20 years .
Before that @ @ @ @ @ the New York Academy of Medicine , a Guest Researcher at the CDC , and @ @ @ @ @ of Tuebingen .
He is not a fringe figure .
There can now be no @ @ @ @ @ active cover up by the mainstream .
If the Coronavirus pandemic were as bad as @ @ @ @ @ , this would not need to happen .
The cover up alone tells you all @ @ @ @ @

by Azazel_665
Youtube has now censored an interview with Knut Wittkowski, a well respected epidemiologist of 35 years, because in the interview he explained that the lockdown measures were wrong based on the data we now have and that herd immunity is what we should be aiming to achieve. This information was censored by Youtube for “violating community guidelines.”
Youtube now censors medical science and there is no rationally explaining it away anymore.
Knut was head of the department of Biostatistics, Epidemiology, and Research Design at Rockefeller University for 20 years. Before that he was a consultant at the New York Academy of Medicine, a Guest Researcher at the CDC, and a Professor at the University of Tuebingen.
We are primarily funded by readers. Please subscribe and donate to support us!
He is not a fringe figure.
There can now be no doubt that there is an active cover up by the mainstream. If the Coronavirus pandemic were as bad as you were lead to believe, this would not need to happen. The cover up alone tells you all you need to know.
www.youtube.com/watch?v=lGC5sGdz4kg


investmentwatchblog--2020-05-16--What is Going on In The USA and the World?

Why are reporters siding with the globalists ?
Why is Hollywood siding with the globalists ?
Are all these people @ @ @ @ @ of Chicago expounding on the New World Order and how it will likely be run @ @ @ @ @ below . )
Why are so many politicians on both sides siding with the demonic @ @ @ @ @ scared or are they just that stupid ?
We also have a crap load of @ @ @ @ @ hurt the worst from this demonic order and they don ’ t even know it @ @ @ @ @ people going for this utter garbage that the deep state globalists are trying to install @ @ @ @ @ constitutional USA ?

Why are reporters siding with the globalists?
Why is Hollywood siding with the globalists?
Are all these people sold out?
The Mayor of Chicago expounding on the New World Order and how it will likely be run. (In the video below.)
Why are so many politicians on both sides siding with the demonic deep state?
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Are they scared or are they just that stupid?
We also have a crap load of stupid leftists who will be hurt the worst from this demonic order and they don’t even know it.
Why are so many people going for this utter garbage that the deep state globalists are trying to install on the once free and constitutional USA?
SS


investmentwatchblog--2020-05-16--For Anyone Interested Tucker is Getting Ready to Do a Show on Secret Who Documents

EXCLUSIVE : ‘ Tucker Carlson Tonight ’ obtains ‘ shocking ’ draft letter to WHO from Trump admin .
Very @ @ @ @ @ s in this letter .
Why on earth is our nation going to restore funding @ @ @ @ @ said he would agree with paying what China pays , but still…Americans want nothing to @ @ @ @ @ This is not good .

EXCLUSIVE: ‘Tucker Carlson Tonight’ obtains ‘shocking’ draft letter to WHO from Trump admin.
Very curious to see what’s in this letter.
Why on earth is our nation going to restore funding to the WHO?
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He said he would agree with paying what China pays, but still…Americans want nothing to do with the WHO.
This is not good.
h/t SS


investmentwatchblog--2020-05-16--Restaurants are struggling! Data shows majority of Americans are staying home without a stay at home

Restaurants are struggling! Data shows majority of Americans are staying home without a stay at home order

• Despite some states lifting restrictions and allowing restaurants to reopen as early as late April , data from OpenTable ’ s booking software shows that visits to restaurants are still down • Experts have predicted that one in four restaurants will go out of business as a result of the weeks-long lockdown measures put in place by the majority of US states to stop the spread of COVID-19 • In Georgia , restaurant reservations were still down 92 % on May 13 compared to this time last year – restaurants were allowed to reopen in the state from April @ @ @ @ @ @ @ to reopen at a 25 percent reduced capacity from May 1 , is still down 83 percent for reservations • The data shows that people are most willing to eat out again in states like Alabama and South Carolina but reservations are still down 77 percent • Restaurants in most states started seeing a huge decline in the number of reservations in mid-March when COVID-19 infections started spiking across the country • The trends suggest that even though states are now reopening , there won ’ t be a sharp bounce back for @ @ @ @ @ @ @ saw a record five million job losses last month alone Restaurants are struggling to welcome back diners in the states that have reopened amid the coronavirus pandemic with data showing reservations and walk-in customers are still down at least 82 percent .
Despite some states lifting restrictions and allowing restaurants to reopen as early as late April , data from OpenTable ‘ s booking software shows that visits to restaurants in states like Georgia , Texas and South Carolina are still down considerably compared to last year .
Experts have predicted that one @ @ @ @ @ @ @ business as a result of the weeks-long lockdown measures put in place by the majority of US states to stop the spread of COVID-19 .
In Georgia , restaurant reservations were still down 92 percent on May 13 compared to this time last year .
The state started reopening aggressively on April 27 when it allowed restaurants to reopen for dine-in services with social distancing measures in place , including 10 customers per 500 square feet .
Texas , which allowed restaurants to reopen at a 25 percent reduced capacity from May 1 @ @ @ @ @ @ @ reservations .
The data shows that people are most willing to eat out again in states like Alabama and South Carolina but reservations are still down 77 percent .
In Arizona , there is still a 78 percent drop in bookings .

Despite some states lifting restrictions and allowing restaurants to reopen as early as late April, data from OpenTable’s booking software shows that visits to restaurants are still down
Experts have predicted that one in four restaurants will go out of business as a result of the weeks-long lockdown measures put in place by the majority of US states to stop the spread of COVID-19
In Georgia, restaurant reservations were still down 92% on May 13 compared to this time last year – restaurants were allowed to reopen in the state from April 27
Texas, which allowed restaurants to reopen at a 25 percent reduced capacity from May 1, is still down 83 percent for reservations
The data shows that people are most willing to eat out again in states like Alabama and South Carolina but reservations are still down 77 percent
Restaurants in most states started seeing a huge decline in the number of reservations in mid-March when COVID-19 infections started spiking across the country
The trends suggest that even though states are now reopening, there won’t be a sharp bounce back for the hard hit hospitality industry, which saw a record five million job losses last month alone
Restaurants are struggling to welcome back diners in the states that have reopened amid the coronavirus pandemic with data showing reservations and walk-in customers are still down at least 82 percent.
Despite some states lifting restrictions and allowing restaurants to reopen as early as late April, data from OpenTable‘s booking software shows that visits to restaurants in states like Georgia, Texas and South Carolina are still down considerably compared to last year.
Experts have predicted that one in four restaurants will go out of business as a result of the weeks-long lockdown measures put in place by the majority of US states to stop the spread of COVID-19.
In Georgia, restaurant reservations were still down 92 percent on May 13 compared to this time last year.
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The state started reopening aggressively on April 27 when it allowed restaurants to reopen for dine-in services with social distancing measures in place, including 10 customers per 500 square feet.
Texas, which allowed restaurants to reopen at a 25 percent reduced capacity from May 1, is still down 83 percent for reservations.
The data shows that people are most willing to eat out again in states like Alabama and South Carolina but reservations are still down 77 percent. In Arizona, there is still a 78 percent drop in bookings.
www.dailymail.co.uk/news/article-8323729/Restaurants-struggle-welcome-diners-reopened-states.html


investmentwatchblog--2020-05-16--Barber Karl Manke: “Michigan Is A Police State! Be Bold, Be Courageous, It’s The Right Thing To Do”

With the lilting sounds of polka music in the background , 77-year-old Karl Manke spoke about the trials and tribulations visited upon him by Michigan ’ s Governor and her jack-booted thug of an Attorney General , Dana Nessel .
Threatened with arrest by the Michigan State Police , Manke received a short reprieve when 35th Circuit Court Judge Matthew Stewart ruled that the government could not stop Manke from earning a living with a “ cease and desist ” order .
The local newspaper , the Argus-Press , reported twice that the Michigan Department of Licensing and Regulatory Affairs @ @ @ @ @ @ @ , but Manke says that was a “ bald-faced lie.
” He said that his attorneys never made any such statement to the Argus-Press as the newspaper claimed in its headlines .
He said , “ My hometown paper lied about me !
” The Michigan Department of Health and Human Services appealed Judge Stewart ’ s decision , stating that Manke ’ s , “ continued operation of a barbershop posed a significant risk to the public health in light of the COVID-19 crisis ( and ) poses a significant danger to @ @ @ @ @ @ @ of the State of Michigan.
” Manke says he will continue to ply his trade , “ license or no license.
” He said that the State of Michigan has become a “ police state , ” and called on his fellow barbers and hairstylists to go back to work .
“ Be bold , be courageous , ” he said , “ It ’ s the right thing to do .
”

With the lilting sounds of polka music in the background, 77-year-old Karl Manke spoke about the trials and tribulations visited upon him by Michigan’s Governor and her jack-booted thug of an Attorney General, Dana Nessel. Threatened with arrest by the Michigan State Police, Manke received a short reprieve when 35th Circuit Court Judge Matthew Stewart ruled that the government could not stop Manke from earning a living with a “cease and desist” order.
The local newspaper, the Argus-Press, reported twice that the Michigan Department of Licensing and Regulatory Affairs (LARA) had revoked his license, but Manke says that was a “bald-faced lie.” He said that his attorneys never made any such statement to the Argus-Press as the newspaper claimed in its headlines. He said, “My hometown paper lied about me!”
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The Michigan Department of Health and Human Services appealed Judge Stewart’s decision, stating that Manke’s, “continued operation of a barbershop posed a significant risk to the public health in light of the COVID-19 crisis (and) poses a significant danger to the health and lives of the people of the State of Michigan.”
Manke says he will continue to ply his trade, “license or no license.” He said that the State of Michigan has become a “police state,” and called on his fellow barbers and hairstylists to go back to work. “Be bold, be courageous, ” he said, “It’s the right thing to do.”


China threatens Missouri

In April , the state of Missouri became the first to file a lawsuit against China seeking financial relief from the damage done to the state ’ s economy and people thanks to the coronavirus pandemic .
“ I represent 6 million Missourians .
We ’ ve got over 6,000 cases now , over 200 deaths .
It ’ s a tremendous impact , ” Schmitt said in April .
“ The human toll of people losing loved ones , not being able to visit family suffering from the virus , [ and ] not attending funerals .
That ’ @ @ @ @ @ @ @ .
People living paycheck to paycheck can ’ t feed their families now .
All because the Chinese government lied about this.
” In April , the state of Missouri became the first to file a lawsuit against China seeking financial relief from the damage done to the state ’ s economy and people thanks to the coronavirus pandemic .
“ I represent 6 million Missourians .
We ’ ve got over 6,000 cases now , over 200 deaths .
It ’ s a tremendous impact , ” Schmitt said in April .
@ @ @ @ @ @ @ loved ones , not being able to visit family suffering from the virus , [ and ] not attending funerals .
That ’ s not even mentioning the economic impact .
People living paycheck to paycheck can ’ t feed their families now .
All because the Chinese government lied about this.
” Apparently , that didn ’ t sit too well with the ChiCom government in Beijing .
In response , Hu Xijin , editor-in-chief of the state-controlled China Times , reported that “ Beijing is already preparing to take the necessary @ @ @ @ @ @ @ US Congress , the state of Missouri , and relevant individuals and entities .
”

In April, the state of Missouri became the first to file a lawsuit against China seeking financial relief from the damage done to the state’s economy and people thanks to the coronavirus pandemic.
“I represent 6 million Missourians. We’ve got over 6,000 cases now, over 200 deaths. It’s a tremendous impact,” Schmitt said in April. “The human toll of people losing loved ones, not being able to visit family suffering from the virus, [and] not attending funerals. That’s not even mentioning the economic impact. People living paycheck to paycheck can’t feed their families now. All because the Chinese government lied about this.”
In April, the state of Missouri became the first to file a lawsuit against China seeking financial relief from the damage done to the state’s economy and people thanks to the coronavirus pandemic.
“I represent 6 million Missourians. We’ve got over 6,000 cases now, over 200 deaths. It’s a tremendous impact,” Schmitt said in April. “The human toll of people losing loved ones, not being able to visit family suffering from the virus, [and] not attending funerals. That’s not even mentioning the economic impact. People living paycheck to paycheck can’t feed their families now. All because the Chinese government lied about this.”
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Apparently, that didn’t sit too well with the ChiCom government in Beijing.
In response, Hu Xijin, editor-in-chief of the state-controlled China Times, reported that “Beijing is already preparing to take the necessary punishment measures against some members of the US Congress, the state of Missouri, and relevant individuals and entities.”
To counteract the abuse of anti-China litigation over COVID-19, Beijing is already preparing to take the necessary punishment measures against some members of the US Congress, the state of Missouri, and relevant individuals and entities, sources told Global Times — Hu Xijin 胡锡进 (@HuXijin_GT) May 13, 2020
trendingpolitics.com/china-threatens-missouri-gets-mightily-backhanded-by-native-resident-dana-loesch/?utm_source=economics


investmentwatchblog--2020-05-16--WI Slapdown didn’t work: Gov. Evers makes next move in allowing DHS to craft new emergency rule

MADISON , Wis ( WMTV ) – Less than 24 hours after the state Supreme Court quashed the Department of @ @ @ @ @ the state ’ s ‘ Safer at Home ’ order , thereby ending all the @ @ @ @ @ and businesses , Gov .
Tony Evers moved to restore the emergency powers to his @ @ @ @ @ the state Justices determined the extension was invalid because the agency issued the directive as @ @ @ @ @ without consultation with the legislature , he tasked health officials with creating a ‘ rule @ @ @ @ @ input and consultation with lawmakers .
Evers took the first step Thursday , when he @ @ @ @ @ rule change , a so-called Statement of Scope , that will be put forth for @ @ @ @ @

MADISON, Wis (WMTV) – Less than 24 hours after the state Supreme Court quashed the Department of Health Services’ extension of the state’s ‘Safer at Home’ order, thereby ending all the restrictions it placed on residents and businesses, Gov. Tony Evers moved to restore the emergency powers to his health agency.
Noting that the state Justices determined the extension was invalid because the agency issued the directive as an ‘order’ and without consultation with the legislature, he tasked health officials with creating a ‘rule,’ which requires public input and consultation with lawmakers.
Evers took the first step Thursday, when he released the framework for the rule change, a so-called Statement of Scope, that will be put forth for public input starting Monday.
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www.nbc15.com/content/news/Gov-Evers-makes-next-move-in-allowing-DHS-to-craft-new-emergency-rule—570489281.html
AO


investmentwatchblog--2020-05-16--USA + Taiwan!…The United States Welcomes Taiwan Semiconductor Manufacturing Corporation’s Intent to

USA + Taiwan!…The United States Welcomes Taiwan Semiconductor Manufacturing Corporation’s Intent to Invest $12 Billion to Bolster U.S. National Security and Economic Prosperity!

On May 14 , Taiwan Semiconductor Manufacturing Corporation ( TSMC ) announced that it intends to invest $ 12 billion in the State of Arizona , starting in 2021 , to develop the most state-of-the-art five nanometer semiconductor fabrication foundry in the world .
The TSMC deal is a game changer for the U.S. semiconductor industry that will bolster American national security and our economic prosperity .
TSMC ’ s announcement comes at a critical juncture , when China is competing to dominate cutting-edge technology and control critical industries .
The TSMC facility in Arizona will increase U.S. economic independence @ @ @ @ @ @ @ and strengthen our leadership in high-tech manufacturing .
This historic deal also strengthens our relationship with Taiwan , a vibrant democracy and force for good in the world .
With TSMC ’ s commitment , high-tech chips will be Made in America once again—the nation where the semiconductor industry was invented .
These chips will power everything from artificial intelligence to 5G base stations to F-35s .
TSMC ’ s investment will create thousands of highly-skilled American jobs and tens of thousands more jobs across the entire supply chain for years to come @ @ @ @ @ @ @ of thriving high-skilled sub-industries , known as clusters , that will help ensure American leadership in technologies of the future .
It will also spur cutting-edge research and development by American universities and companies .
We appreciate TSMC ’ s Chairman Mark Liu ’ s decision to hire the most skilled workforce in the world .
I am proud that , together with our colleagues in the U.S. Department of Commerce , the State Department ’ s economic team under the leadership of Under Secretary Keith Krach has proven once again that the @ @ @ @ @ @ @ safer , and more prosperous .

On May 14, Taiwan Semiconductor Manufacturing Corporation (TSMC) announced that it intends to invest $12 billion in the State of Arizona, starting in 2021, to develop the most state-of-the-art five nanometer semiconductor fabrication foundry in the world. The TSMC deal is a game changer for the U.S. semiconductor industry that will bolster American national security and our economic prosperity.
TSMC’s announcement comes at a critical juncture, when China is competing to dominate cutting-edge technology and control critical industries. The TSMC facility in Arizona will increase U.S. economic independence, bolster our safety and competitiveness, and strengthen our leadership in high-tech manufacturing. This historic deal also strengthens our relationship with Taiwan, a vibrant democracy and force for good in the world.
With TSMC’s commitment, high-tech chips will be Made in America once again—the nation where the semiconductor industry was invented. These chips will power everything from artificial intelligence to 5G base stations to F-35s.
TSMC’s investment will create thousands of highly-skilled American jobs and tens of thousands more jobs across the entire supply chain for years to come. The facility will promote the creation of thriving high-skilled sub-industries, known as clusters, that will help ensure American leadership in technologies of the future. It will also spur cutting-edge research and development by American universities and companies.
We appreciate TSMC’s Chairman Mark Liu’s decision to hire the most skilled workforce in the world. I am proud that, together with our colleagues in the U.S. Department of Commerce, the State Department’s economic team under the leadership of Under Secretary Keith Krach has proven once again that the Trump Administration is making America stronger, safer, and more prosperous.


investmentwatchblog--2020-05-16--Pelosi Passes $3 Trillion Bill Dividing Even Democrats Just for Politics

Nancy Pelosi , who represents California rather than the nation , is about as unfit to be a leader of any party in Congress .
She has pushed through her House Democrat Bill calling for $ 3 trillion in coronavirus spending bill Friday night , despite pushback from liberals and moderates within their ranks as well from Republicans .
She knows this is very bad for the country and is trying to allow anyone , including illegal aliens to vote , to defeat Trump .
She knows this will not pass and Trump will not sign it .
Pelosi ’ @ @ @ @ @ @ @ Washington at its worst .
Pelosi sees only an opportunity to exploit this crisis to pass their partisan agenda .
While millions of Americans are out of work and Trump is trying to get them back on the job by safely reopening our country which is the ONLY way to approach this because no amount of relief will allow people to live without income indefinitely .
Banks can not suspect payments forever and prolonging the reopening puts at Irish the complete collapse of real estate for perhaps the next 12 years .
As @ @ @ @ @ @ @ have already just about doubled requirements to even get a mortgage .
With 30 % to 50 % of the population without a job , it will be impossible to support the real estate market .
Pelosi has stuffed in her bill outrageous things that have nothing to do with helping the people now !
• Mass voting by mail is her real dream where as part of this “ Coronavirus relief ” she wants to dictate how states run their elections so anyone can vote without having to prove who they are @ @ @ @ @ @ @ covert attempt to legalize voter fraud to win in November ( Every American Should Be Outraged at this scheme ) .
• A BAN on information about low-cost health insurance .
The House Democrats want to forbid the government from sharing any information about lower-cost health options such as association plans or short-term plans .
Even as families try to cope with job and wage losses , Pelosi doesn ’ t want them to learn about options that are up to 60 % cheaper than Obamacare .
• Stimulus checks for illegal aliens @ @ @ @ @ @ @ eliminate Social Security numbers , yet she opposes helping self-employed and parttime workers not entitled to unemployment .
• Bailouts the Democratic States that refuse to lift lockdowns that are UNCONSTITUTIONAL , Pelosi wants to hand states more than $ 1 trillion in cash for state and local governments , mostly in the form of unrestricted aid that doesn ’ t need to be used to offset Coronavirus costs .
This is a covert attempt to bailout Democratic states that never funded their Pensions and were collapsing before the virus , raising questions @ @ @ @ @ @ @ as the excuse they can not pay pensions .
Nevertheless , she is deliberately pushing the economy over the edge for political gain .
The vote passed on a 208-199 vote , with 14 Democrats voting against it .
This is what I have been warning about .
The Democratic Party may split out these types of actions because she cares nothing about what is good for the country or the people .
Moderate Democrats are starting to break ranks with her leadership .
Her claims that she prays for Trump at night @ @ @ @ @ @ @ even prays at all , it is that her insider trading is not discovered and that he drops dead while tweeting .
Already , there are others besides Elon Musk looking to moving companies out of California .
Even high-Tech companies can not survive working from home .
You lose synergy that emerges in a creative environment .
These brain-dead California politicians are just out of their minds .
They are destroying the economy of California and there will be no putting it back again .
Democratic states are deliberately refusing to open @ @ @ @ @ @ @ a new “ Stay At Home ” order and admits there will be no TERMINATE of that order – it is endless .
They have refused to allow any retail business to open that is inside a shopping mall .
J.C. Penny just filed for bankruptcy on Friday .
Just to win an election they are deliberately destroying the economy because they are covertly trying to rebuild it from scratch with Gates ’ Zero CO2 .
The world will just NEVER be the same when they get done with this .
They have @ @ @ @ @ @ @ safer to remain at home , COVID-19 has not changed.
” They have also explained that some of the county ’ s dates for phases of reopening might not coincide with those in California .
Any State that imposes their own stay-at-home orders should NOT be bailed out – it was their decision .
I have warned that my greatest fear was NOT Trump – but what comes AFTER Trump .
Politics has completely broken down to the point NOBODY will again accept a democratic outcome .
This , unfortunately , is our @ @ @ @ @ @ @ .
We will run our models on the entire election outcome 2020 .
This is a huge task .
Not just if Trump wins or not .
We have to look at the whole enchilada because the level of corruption , altered votes , and outright fraud will be at a historical high for this election .
I have NEVER seen the model project such an increase in outright fraud as we are showing for November 2020 .

by Martin Armstrong
Nancy Pelosi, who represents California rather than the nation, is about as unfit to be a leader of any party in Congress. She has pushed through her House Democrat Bill calling for $3 trillion in coronavirus spending bill Friday night, despite pushback from liberals and moderates within their ranks as well from Republicans. She knows this is very bad for the country and is trying to allow anyone, including illegal aliens to vote, to defeat Trump. She knows this will not pass and Trump will not sign it.
Pelosi’s $3 trillion spending proposal is Washington at its worst. Pelosi sees only an opportunity to exploit this crisis to pass their partisan agenda.
While millions of Americans are out of work and Trump is trying to get them back on the job by safely reopening our country which is the ONLY way to approach this because no amount of relief will allow people to live without income indefinitely. Banks cannot suspect payments forever and prolonging the reopening puts at Irish the complete collapse of real estate for perhaps the next 12 years. As foreclosures increase, prices fall and banks have already just about doubled requirements to even get a mortgage. With 30% to 50% of the population without a job, it will be impossible to support the real estate market.
Pelosi has stuffed in her bill outrageous things that have nothing to do with helping the people now!
We are primarily funded by readers. Please subscribe and donate to support us!
Mass voting by mail is her real dream where as part of this “Coronavirus relief” she wants to dictate how states run their elections so anyone can vote without having to prove who they are – illegal aliens and tourists – her covert attempt to legalize voter fraud to win in November (Every American Should Be Outraged at this scheme).
A BAN on information about low-cost health insurance. The House Democrats want to forbid the government from sharing any information about lower-cost health options such as association plans or short-term plans. Even as families try to cope with job and wage losses, Pelosi doesn’t want them to learn about options that are up to 60% cheaper than Obamacare.
Stimulus checks for illegal aliens who already do not pay taxes to eliminate Social Security numbers, yet she opposes helping self-employed and parttime workers not entitled to unemployment.
Bailouts the Democratic States that refuse to lift lockdowns that are UNCONSTITUTIONAL, Pelosi wants to hand states more than $1 trillion in cash for state and local governments, mostly in the form of unrestricted aid that doesn’t need to be used to offset Coronavirus costs. This is a covert attempt to bailout Democratic states that never funded their Pensions and were collapsing before the virus, raising questions if the Democrats have exploited the virus as the excuse they cannot pay pensions.
Nevertheless, she is deliberately pushing the economy over the edge for political gain. The vote passed on a 208-199 vote, with 14 Democrats voting against it. This is what I have been warning about. The Democratic Party may split out these types of actions because she cares nothing about what is good for the country or the people. Moderate Democrats are starting to break ranks with her leadership. Her claims that she prays for Trump at night are far from genuine. If she even prays at all, it is that her insider trading is not discovered and that he drops dead while tweeting.
Already, there are others besides Elon Musk looking to moving companies out of California. Even high-Tech companies cannot survive working from home. You lose synergy that emerges in a creative environment. These brain-dead California politicians are just out of their minds. They are destroying the economy of California and there will be no putting it back again.
Democratic states are deliberately refusing to open up. LA County in California issued a new “Stay At Home” order and admits there will be no TERMINATE of that order – it is endless. They have refused to allow any retail business to open that is inside a shopping mall. J.C. Penny just filed for bankruptcy on Friday. Just to win an election they are deliberately destroying the economy because they are covertly trying to rebuild it from scratch with Gates’ Zero CO2. The world will just NEVER be the same when they get done with this. They have openly stated, “It is still safer to remain at home, COVID-19 has not changed.” They have also explained that some of the county’s dates for phases of reopening might not coincide with those in California. Any State that imposes their own stay-at-home orders should NOT be bailed out – it was their decision.
I have warned that my greatest fear was NOT Trump – but what comes AFTER Trump. Politics has completely broken down to the point NOBODY will again accept a democratic outcome. This, unfortunately, is our political fate as we head into 2032. We will run our models on the entire election outcome 2020. This is a huge task. Not just if Trump wins or not. We have to look at the whole enchilada because the level of corruption, altered votes, and outright fraud will be at a historical high for this election. I have NEVER seen the model project such an increase in outright fraud as we are showing for November 2020.


investmentwatchblog--2020-05-16--China: Honk Kong stomps new pro-democracy protests using Coved excuse

230 Protesters Arrested In Hong Kong As Pro-democracy Movement Shows Signs Of Resurgence Hong Kong authorities reported 230 arrests on Sunday as small pro-democracy protests broke out in several shopping districts in the city .
Democratic lawmaker Roy Kwong was among those arrested , and was later hospitalized after being pushed to the ground and restrained by police .
The demonstrations and arrests come after Hong Kong late last month extended disease control restrictions that included a public ban on gatherings , and amid increasing concerns that ongoing pandemic response measures could be used as cover for the further repression @ @ @ @ @ @ @ Jim and Jesse Pang report : Hundreds of riot police were deployed to disperse the protesters on Sunday , with some members of the media caught up in the chaos that evoked memories of the sometimes violent unrest that rocked the global financial hub last year .
Police said the arrested were aged between 12 and 65 and their offences included unlawful assembly , assaulting a police officer and failing to produce proof of identity .
[ … ] Footage [ live-streamed from Mong Kok of police pushing back reporters and activists showed @ @ @ @ @ @ @ scuffles and people bleeding .
Police fired pepper spray at journalists and activists , and conducted stop and search operations on members of the public and media .
[ … ] Police in riot gear told protesters they were staging an illegal assembly and violating anti-virus measures that bar gatherings of more than eight people .
…

230 Protesters Arrested In Hong Kong As Pro-democracy Movement Shows Signs Of Resurgence
Hong Kong authorities reported 230 arrests on Sunday as small pro-democracy protests broke out in several shopping districts in the city. Democratic lawmaker Roy Kwong was among those arrested, and was later hospitalized after being pushed to the ground and restrained by police. The demonstrations and arrests come after Hong Kong late last month extended disease control restrictions that included a public ban on gatherings, and amid increasing concerns that ongoing pandemic response measures could be used as cover for the further repression of pro-democracy activism. Reuters’ Clare Jim and Jesse Pang report:
Hundreds of riot police were deployed to disperse the protesters on Sunday, with some members of the media caught up in the chaos that evoked memories of the sometimes violent unrest that rocked the global financial hub last year.
Police said the arrested were aged between 12 and 65 and their offences included unlawful assembly, assaulting a police officer and failing to produce proof of identity.
[…]Footage [live-streamed from Mong Kok of police pushing back reporters and activists showed protesters being subdued on the ground, scuffles and people bleeding.
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Police fired pepper spray at journalists and activists, and conducted stop and search operations on members of the public and media.
[…] Police in riot gear told protesters they were staging an illegal assembly and violating anti-virus measures that bar gatherings of more than eight people. …
chinadigitaltimes.net/2020/05/230-protesters-arrested-in-hong-kong-as-pro-democracy-movement-shows-signs-of-resurgence/
h/t lily