investmentwatchblog--2020-11-06--Censorship is the New Norm

Censorship is the New Norm

COMMENT : Just to inform – as feedback – that this blog post was removed from my feed on LinkedIn .
This is now the second time LinkedIn has removed a post of yours from my LinkedIn feed .
I have been a member and active poster on LinkedIn since 2009 .
Over those years I have probably reshared 75-100 of your posts .
It is only in the last 6 months that a reshare of yours is removed by LinkedIn almost as a matter of course .
As we all know , LinkedIn was acquired recently by Microsoft .
@ @ @ @ @ @ @ the times .
I finished , “ The Cycle of War and the Coronavirus ” last May .
I was told they were so excited and would have it out in 60 days or less , distributed for all major book stores .
Then the delay began .
Curiously , I received my sample copy delivered only on election day — November 3rd .
Others are reporting their feeds suddenly stopped listing our articles .
This only goes to show anyone against Bill Gates is suddenly blacklisted no matter what the content .
@ @ @ @ @ @ @ join the army to fight , but for what ?
God does not support Communism 3.0 and neither does the Constitution .
They play the military for fools who are told to follow orders and never question anything .

by Martin Armstrong
COMMENT: Just to inform – as feedback – that this blog post was removed from my feed on LinkedIn.
This is now the second time LinkedIn has removed a post of yours from my LinkedIn feed.
I have been a member and active poster on LinkedIn since 2009.
Over those years I have probably reshared 75-100 of your posts.
We are primarily funded by readers. Please subscribe and donate to support us!
It is only in the last 6 months that a reshare of yours is removed by LinkedIn almost as a matter of course.
As we all know, LinkedIn was acquired recently by Microsoft.
t – London.
REPLY: This is a sign of the times. I finished, “The Cycle of War and the Coronavirus” last May. I was told they were so excited and would have it out in 60 days or less, distributed for all major book stores. Then the delay began. Curiously, I received my sample copy delivered only on election day — November 3rd.
Others are reporting their feeds suddenly stopped listing our articles. This only goes to show anyone against Bill Gates is suddenly blacklisted no matter what the content. So much for free speech. People join the army to fight, but for what? God does not support Communism 3.0 and neither does the Constitution. They play the military for fools who are told to follow orders and never question anything.


investmentwatchblog--2020-11-06--STOLEN ELECTION: TOTAL FRAUD, EASILY PROVEN

The election FRAUD witnessed in states around the nation is gargantuan and obvious .
There is no way sleepy Joe @ @ @ @ @ from actual human beings .
This is a level of criminality previously reserved for third @ @ @ @ @ Peterson joins me to discuss .

Jeffrey Peterson interviewed by Sean on SGTreport
We are primarily funded by readers. Please subscribe and donate to support us!
The election FRAUD witnessed in states around the nation is gargantuan and obvious. There is no way sleepy Joe Biden got 71 million votes from actual human beings. This is a level of criminality previously reserved for third world Banana Republics. Jeffrey Peterson joins me to discuss.


investmentwatchblog--2020-11-06--The UK house price boom is facing higher mortgage rates

This morning will have brought sounds of high excitement and smiles to the Bank of England .
It would have been too early to raid its excellent wine cellar but a liveried flunkey will have brought its best coffee to Governor Andrew Bailey as he peruses the latest news from the Halifax on UK house prices .
Governor Bailey will no doubt issue a satisfied smile and may mimic the end of the television series Frasier which had an “ I did that ” at the end .
He may even be pleased that he has helped to do this @ @ @ @ @ @ @ .
I find the “ pent-up demand ” bit curious as surely there will also have been pent-up supply ?
Bur we do see signs of a an active market .
Although I do note that whilst we have seen high rates of monthly growth it only brings us back to around what were last years levels .
The picture on mortgage approvals is more clear-cut .
We can now switch to what I call the Talking Heads question .
From Once In A Lifetime .
The Bank of England ’ s role @ @ @ @ @ @ @ interest-rate cuts in response to the credit crunch .
Then as they realised how interest-rates actually worked they added on bond buying in the form of what is called QE to reduce longer-term interest-rates too .
It is easy to forget now but this did not do the trick for house prices so in the summer of 2012 we got what the then Chancellor George Osborne called credit easing .
This was the Funding for Lending Scheme where the Bank of England channeled cheap cash ( Bank Rate was 0.5 % ) to @ @ @ @ @ @ @ have to indulge in the no doubt tiresome business of competing for depositors .
This was a crucial change in 2 respects .
The first is access to funds at Bank Rate but in many ways more crucial is the access to large amounts of funds .
So a quantity issue .
This allowed banks to reduce mortgage-rates and I recall pointing out that mortgage-rates fell by 0.9 % quite quickly and the Bank of England later claimed they fell by up to 2 % .
Bringing this up to now we have @ @ @ @ @ @ @ and in its original form it has supplied £70.6 billion and the new pandemic era version has supplied some £49.6 billion .
So as you can see the Bank of England keeps the banks supplied with cash and these days it can get it as cheap as the present Bank Rate of 0.1 % .
On this road we see that the cut in Bank Rate is not especially significant in itself these days but comes more into play via the Term Funding Scheme .
Next as more people moved to mortgages with @ @ @ @ @ @ @ new mortgages last time I checked ) QE also came back into play as an influence on mortgage rates via its impact on UK bond or Gilt yields .
So this part of yesterday ’ s announcement matters .
The Committee voted unanimously for the Bank of England to continue with the existing programme of £100 billion of UK government bond purchases , financed by the issuance of central bank reserves , and also for the Bank of England to increase the target stock of purchased UK government bonds by an additional £150 @ @ @ @ @ @ @ central bank reserves , to take the total stock of government bond purchases to £875 billion .
There are issues with the stock but for our purposes today in looking at the mortgage market it is the flow ( presently £4.4 billion a week ) that matters .
It has helped keep my proxy for fixed-rates , which is the five-year bond yield negative since mid June now apart from one brief flicker .
As I type this it is -0.06 % .
So the theme starts singing along with Steve Winwood for @ @ @ @ @ @ @ and Bank of England pumping has the problem that it means that they are ever more socially distanced from wages and earnings .
So many are on 80 % wages from the furlough scheme and real wages have been falling .
There has to be some sort of reckoning here in the end .
As well there are signs that the pumping system is creaking .
As you can see mortgage rates for those with lower amounts of equity or if you prefer high loan to value numbers have risen quite sharply .
@ @ @ @ @ @ @ those with only 5 % equity where they have gone above 4 % which really rather contradicts all the official rhetoric of low interest-rates .
So I see trouble ahead which to be frank I welcome .
I do not wish anyone ill in financial terms but we do need lower house prices to help first-time buyers .
Meanwhile something I have long warned about looks to have come true this week .
I do like the description of it being in The Sun as a “ potential leak ” ……

by Shaun Richards
This morning will have brought sounds of high excitement and smiles to the Bank of England. It would have been too early to raid its excellent wine cellar but a liveried flunkey will have brought its best coffee to Governor Andrew Bailey as he peruses the latest news from the Halifax on UK house prices.
The average UK house price now tops a quarter of a million pounds (£250,547) for the first time in history, as annual
house price inflation rose to 7.5% in October, its highest rate since mid-2016. Underlying the pace of recent price
growth in the market is the 5.3% gain over the past four months, the strongest since 2006.
Governor Bailey will no doubt issue a satisfied smile and may mimic the end of the television series Frasier which had an “I did that” at the end. He may even be pleased that he has helped to do this without getting a mention from the Halifax.
This level of price inflation is underpinned by unusually high levels of demand, with latest industry figures showing
home-buyer mortgage approvals at their highest level since 2007, as transaction levels continue to be supercharged
by pent-up demand as a result of the spring/summer lockdown, as well as the Chancellor’s waiver on stamp duty for properties up to £500,000.
I find the “pent-up demand” bit curious as surely there will also have been pent-up supply? Bur we do see signs of a an active market.
HMRC Monthly property transactions data shows a fifth consecutive monthly rise in UK home sales
in September. UK seasonally adjusted residential transactions in September 2020 were 98,010 – up by
21.3% from August. The latest quarterly transactions (July-September 2020) were approximately 63.6%
higher than the preceding three months (April-June 2020). Year on year, transactions were 0.7% lower than
September 2019 (2.4% higher on a non seasonally adjusted basis). (Source: HMRC, seasonally-adjusted
figures)
Although I do note that whilst we have seen high rates of monthly growth it only brings us back to around what were last years levels. The picture on mortgage approvals is more clear-cut.
Mortgage approvals rose in September to the highest level seen in 13 years. The latest Bank of England figures show the number of mortgages approved to finance house purchases, rose by 7% from August to 91,454, down from a rise of 27% reported in August. Year-on-year, the September figure was 39% above September 2019.
Monetary Policy
We can now switch to what I call the Talking Heads question. From Once In A Lifetime.
And you may find yourself living in a shotgun shack
And you may find yourself in another part of the world
And you may find yourself behind the wheel of a large automobile
And you may find yourself in a beautiful house, with a beautiful wife
And you may ask yourself, “Well… how did I get here?”
The Bank of England’s role in us getting here started with the interest-rate cuts in response to the credit crunch. Then as they realised how interest-rates actually worked they added on bond buying in the form of what is called QE to reduce longer-term interest-rates too. It is easy to forget now but this did not do the trick for house prices so in the summer of 2012 we got what the then Chancellor George Osborne called credit easing. This was the Funding for Lending Scheme where the Bank of England channeled cheap cash ( Bank Rate was 0.5%) to the banks so that they did not have to indulge in the no doubt tiresome business of competing for depositors.
This was a crucial change in 2 respects. The first is access to funds at Bank Rate but in many ways more crucial is the access to large amounts of funds. So a quantity issue. This allowed banks to reduce mortgage-rates and I recall pointing out that mortgage-rates fell by 0.9% quite quickly and the Bank of England later claimed they fell by up to 2%.
Bringing this up to now we have the Term Funding Scheme operating that role and in its original form it has supplied £70.6 billion and the new pandemic era version has supplied some £49.6 billion. So as you can see the Bank of England keeps the banks supplied with cash and these days it can get it as cheap as the present Bank Rate of 0.1%. On this road we see that the cut in Bank Rate is not especially significant in itself these days but comes more into play via the Term Funding Scheme.
We are primarily funded by readers. Please subscribe and donate to support us!
Next as more people moved to mortgages with fixed interest-rates ( around 92% of new mortgages last time I checked) QE also came back into play as an influence on mortgage rates via its impact on UK bond or Gilt yields. So this part of yesterday’s announcement matters.
The Committee voted unanimously for the Bank of England to continue with the existing programme of £100 billion of UK government bond purchases, financed by the issuance of central bank reserves, and also for the Bank of England to increase the target stock of purchased UK government bonds by an additional £150 billion, financed by the issuance of central bank reserves, to take the total stock of government bond purchases to £875 billion.
There are issues with the stock but for our purposes today in looking at the mortgage market it is the flow ( presently £4.4 billion a week) that matters. It has helped keep my proxy for fixed-rates, which is the five-year bond yield negative since mid June now apart from one brief flicker. As I type this it is -0.06%.
Comment
So the theme starts singing along with Steve Winwood for house prices.
I’ll be back in the high life again
All the doors I closed one time will open up again
However all the government and Bank of England pumping has the problem that it means that they are ever more socially distanced from wages and earnings. So many are on 80% wages from the furlough scheme and real wages have been falling. There has to be some sort of reckoning here in the end. As well there are signs that the pumping system is creaking.
Instant Info – Bank of England Mortgage Ratest.co/dZmuIraRtu pic.twitter.com/WoKZQtCuNi — BuiltPlace (@BuiltPlace) November 6, 2020
As you can see mortgage rates for those with lower amounts of equity or if you prefer high loan to value numbers have risen quite sharply. So the heat is on especially for those with only 5% equity where they have gone above 4% which really rather contradicts all the official rhetoric of low interest-rates. So I see trouble ahead which to be frank I welcome. I do not wish anyone ill in financial terms but we do need lower house prices to help first-time buyers.
Meanwhile something I have long warned about looks to have come true this week.
The Bank of England is investigating a potential leak of Thursday’s QE announcement ( @fergalob)
I do like the description of it being in The Sun as a “potential leak”……


investmentwatchblog--2020-11-06--Pipeline! Bitcoin, Gold, Home Prices and S&P 500 Zoom After Fed’s Covid-Stimulus, Commercial Real Es

Pipeline! Bitcoin, Gold, Home Prices and S&P 500 Zoom After Fed’s Covid-Stimulus, Commercial Real Estate Not So Much

The Federal Reserve is acting like a pipeline for fuel to asset prices .
Since the Covid outbreak and shutdowns @ @ @ @ @ the opening of The Fed ’ s pipeline to financial markets ( orange line ) @ @ @ @ @ ( initially ) , the S & P 500 index all rose while the US @ @ @ @ @ declined .
On the real estate front , office values ( blue line ) have @ @ @ @ @ shutdowns , the NAREIT index rose initially with Fed stimulus then flattened out .
Home @ @ @ @ @ keep on rockin ’ with Fed stimulus .
CMBX S6 BBB- crashed with Covid shutdowns @ @ @ @ @ .

by confoundedinterest17
The Federal Reserve is acting like a pipeline for fuel to asset prices.
Since the Covid outbreak and shutdowns damaged markets in March, the opening of The Fed’s pipeline to financial markets (orange line) has seen Bitcoin, gold (initially), the S&P 500 index all rose while the US Dollar ((green) declined.
We are primarily funded by readers. Please subscribe and donate to support us!
On the real estate front, office values (blue line) have declined thanks to the Covid shutdowns, the NAREIT index rose initially with Fed stimulus then flattened out. Home prices (Case-Shiller) have keep on rockin’ with Fed stimulus.
CMBX S6 BBB- crashed with Covid shutdowns but flattened-out with Fed stimulus.
Let’s hope financial markets don’t suffer a wipeout.


investmentwatchblog--2020-11-06--TRUMP BROKE THE DNC-MSM: NYT Exposes Nefarious Plot Behind Trump’s Twitter Typos.

This year has been tough on everybody , but perhaps none have suffered as much as our most cherished and most vulnerable class of Americans : journalists .
So far in 2020 , journos have endured the pandemic and the mostly peaceful rioting and the cancellation of their favorite Netflix shows .
They ’ ve persevered through torments most of us can ’ t even imagine .
And through it all , one thought has kept them from plunging into the depths of despair .
One shining dream : Removing Donald Trump from office .
Now they ’ re on @ @ @ @ @ @ @ “ Yay , 264 electoral votes for Biden !
Just six more to go !
Even though we just got done screaming that the Electoral College is evil and racist !
” — but they still can ’ t celebrate .
The finish line is right in front of them , but they still haven ’ t dragged Joe ’ s rapidly decomposing carcass across it .
This tension is , to put it in layman ’ s terms , driving these freaks completely bat $ # !
+ .
If you thought @ @ @ @ @ @ @ this week , and they were , now they ’ re frantically digging a hole in Hell ’ s basement .
Here , just look at this cry for help .
Emily Dreyfuss , New York Times : In the morning hours of Oct. 30 , as most of the country slept , President Trump was binge tweeting again .
At 2:32 a.m. , he told his 87.3 million Twitter followers : “ Way ahead in Texas !
Watch the Great Red Wave !
” Minutes later , he tweeted the hashtag # @ @ @ @ @ @ @ word “ family.
” That was it .
No context , no link… # BidenCrimeFamily , and the typo , is a crash course in how to rally supporters around a conspiracy theory — while neutering the attempts of social media companies to stop it… And Mr. Trump ’ s typo ?
It was surely not accidental .
That extra “ i ” circumvented Twitter ’ s efforts to hide the hashtag in search results .
Called # typosquatting , this tactic is often used by trolls and media manipulators to get around @ @ @ @ @ @ @

via pjmedia:
This year has been tough on everybody, but perhaps none have suffered as much as our most cherished and most vulnerable class of Americans: journalists. So far in 2020, journos have endured the pandemic and the mostly peaceful rioting and the cancellation of their favorite Netflix shows. They’ve persevered through torments most of us can’t even imagine. And through it all, one thought has kept them from plunging into the depths of despair. One shining dream: Removing Donald Trump from office.
Now they’re on the brink of achieving that dream — “Yay, 264 electoral votes for Biden! Just six more to go! Even though we just got done screaming that the Electoral College is evil and racist!” — but they still can’t celebrate. The finish line is right in front of them, but they still haven’t dragged Joe’s rapidly decomposing carcass across it.
This tension is, to put it in layman’s terms, driving these freaks completely bat$#!+. If you thought the libs were crazy as Hell before this week, and they were, now they’re frantically digging a hole in Hell’s basement.
Here, just look at this cry for help. Emily Dreyfuss, New York Times:
In the morning hours of Oct. 30, as most of the country slept, President Trump was binge tweeting again.
At 2:32 a.m., he told his 87.3 million Twitter followers: “Way ahead in Texas! Watch the Great Red Wave!”
Minutes later, he tweeted the hashtag #BidenCrimeFamiily, with a typo in the word “family.” That was it. No context, no link…
#BidenCrimeFamily, and the typo, is a crash course in how to rally supporters around a conspiracy theory — while neutering the attempts of social media companies to stop it…
And Mr. Trump’s typo? It was surely not accidental. That extra “i” circumvented Twitter’s efforts to hide the hashtag in search results. Called #typosquatting, this tactic is often used by trolls and media manipulators to get around the rules of social media platforms.
Here’s the offending missive:
That’s it. That’s the tweet.


investmentwatchblog--2020-11-06--The Oil Price Rally That Never Was

The Oil Price Rally That Never Was

When the pandemic pummeled the oil industry in the spring , many called the situation unprecedented .
Prices were falling because of oversupply , but demand was failing to react to lower prices because of the pandemic .
Then China ’ s lockdown ended , and the industry breathed a sigh of relief .
Things were going to get back on track .
But now lockdowns are being implemented once again and a return to ‘ normal ’ seems as far away as it has ever been .
The UK enters a month-long lockdown today .
The country is nowhere @ @ @ @ @ @ @ China or India , but that is not what is important .
What ’ s important is the fact the UK – and Germany and France before it – needed a second lockdown to handle the coronavirus that wrecked global oil demand in the spring .
That ’ s why the announcement sent oil prices falling and even an 8-million-barrel weekly draw in U.S. crude oil inventories couldn ’ t bring benchmarks higher .
Reuters ’ Kemp noted in his weekly column on oil that sentiment among traders had flipped from optimism to @ @ @ @ @ @ @ Earlier , there appeared to be a decent level of confidence that supply will tighten over the period , and this would push prices higher .
Now , fear is resurging that consumption could remain lower than supply amid the current wave of infections .
And it seems China is unlikely to come to the rescue this time .
Earlier this year , Asia ’ s largest economy went on an oil-buying spree , taking advantage of historically low prices .
Refiners ramped up their run rates as industrial activity returned to life @ @ @ @ @ @ @ while demand for the products refiners churned out remained weak .
After hitting all-time highs in late spring and early summer , China ’ s oil imports started declining .
According to analysts , this quarter , oil imports will be lower than in the third quarter , but traders will be keeping a close eye on developments to see just how weak they will be .
Meanwhile , in the Middle East , OPEC producers are discussing something that just a couple of months ago would have been unthinkable .
They are @ @ @ @ @ @ @ relaxing them as planned earlier this year or extending the current rate of production curtailments .
It was agreed in April that the current production cuts , a historic 9.7 million barrels per day , would be relaxed to 7.7 million barrels per day from July .
Then , as per the original agreement , the cuts were to be further relaxed to 5.7 million bpd from January 2021 .
Those plans were thrown out the window when prices failed to rebound , and the cartel stuck with the original cuts through July @ @ @ @ @ @ @ production , prices fell .
Now , some OPEC members want to keep ramping up , and one of them isn ’ t even asking for permission .
Libya has been exempt from OPEC+ oil production control deals because of its domestic troubles that have seen numerous production outages at its oil fields and export terminals .
Those ports were blockaded in January this year , leading to a slump in oil production from over 1 million bpd to less than 100,000 bpd .
And then , in September , the blockade ended @ @ @ @ @ @ @ To date , the country is producing 800,000 bpd that is flowing into a market that already has too much oil .
Meanwhile , travel restrictions remain , stumping any potential oil demand recovery .
OPEC doesn ’ t have a lot of options amid budget deficits and austerity measures , so it is not really a surprise that it is talking about returning to the 9.7-million-bpd cuts .
Unfortunately , even this might not help prices : traders are already prepared for an extension of the current production level , and they @ @ @ @ @ @ @ 9.7 million bpd .
Prices may inch up for a while , but to hold higher , they would need some reliable , good news , such as a successful vaccine for Covid-19 .

By Irina Slav
When the pandemic pummeled the oil industry in the spring, many called the situation unprecedented. Prices were falling because of oversupply, but demand was failing to react to lower prices because of the pandemic. Then China’s lockdown ended, and the industry breathed a sigh of relief. Things were going to get back on track. But now lockdowns are being implemented once again and a return to ‘normal’ seems as far away as it has ever been. The UK enters a month-long lockdown today. The country is nowhere near as essential for oil demand as China or India, but that is not what is important. What’s important is the fact the UK – and Germany and France before it – needed a second lockdown to handle the coronavirus that wrecked global oil demand in the spring. That’s why the announcement sent oil prices falling and even an 8-million-barrel weekly draw in U.S. crude oil inventories couldn’t bring benchmarks higher.
Reuters’ Kemp noted in his weekly column on oil that sentiment among traders had flipped from optimism to pessimism for the next six months. Earlier, there appeared to be a decent level of confidence that supply will tighten over the period, and this would push prices higher. Now, fear is resurging that consumption could remain lower than supply amid the current wave of infections. And it seems China is unlikely to come to the rescue this time.
Earlier this year, Asia’s largest economy went on an oil-buying spree, taking advantage of historically low prices. Refiners ramped up their run rates as industrial activity returned to life. And then storage space began filling while demand for the products refiners churned out remained weak. After hitting all-time highs in late spring and early summer, China’s oil imports started declining. According to analysts, this quarter, oil imports will be lower than in the third quarter, but traders will be keeping a close eye on developments to see just how weak they will be.
Meanwhile, in the Middle East, OPEC producers are discussing something that just a couple of months ago would have been unthinkable. They are considering deepening their production cuts instead of relaxing them as planned earlier this year or extending the current rate of production curtailments.
We are primarily funded by readers. Please subscribe and donate to support us!
It was agreed in April that the current production cuts, a historic 9.7 million barrels per day, would be relaxed to 7.7 million barrels per day from July. Then, as per the original agreement, the cuts were to be further relaxed to 5.7 million bpd from January 2021. Those plans were thrown out the window when prices failed to rebound, and the cartel stuck with the original cuts through July. The moment they started ramping up production, prices fell. Now, some OPEC members want to keep ramping up, and one of them isn’t even asking for permission.
Libya has been exempt from OPEC+ oil production control deals because of its domestic troubles that have seen numerous production outages at its oil fields and export terminals. Those ports were blockaded in January this year, leading to a slump in oil production from over 1 million bpd to less than 100,000 bpd. And then, in September, the blockade ended, and Libya started ramping up. To date, the country is producing 800,000 bpd that is flowing into a market that already has too much oil.
Meanwhile, travel restrictions remain, stumping any potential oil demand recovery. OPEC doesn’t have a lot of options amid budget deficits and austerity measures, so it is not really a surprise that it is talking about returning to the 9.7-million-bpd cuts. Unfortunately, even this might not help prices: traders are already prepared for an extension of the current production level, and they will quickly factor in a return to 9.7 million bpd. Prices may inch up for a while, but to hold higher, they would need some reliable, good news, such as a successful vaccine for Covid-19.
By Irina Slav for Oilprice.com


investmentwatchblog--2020-11-06--The true reflection of interest in Trump v Biden

This reflects voters interests in either candidate .
It ’ s not even close .
In nevada is 13 points @ @ @ @ @ .
Georgia , another key battleground state , we find biden at 16 points and @ @ @ @ @ .
The amount of interest in Trump is many many times higher than biden .
@ @ @ @ @ points and Donald Trump with 85 .
There ’ s just no way the votes @ @ @ @ @ with .

This reflects voters interests in either candidate. It’s not even close.
In nevada is 13 points biden and 87 points Trump.
Georgia, another key battleground state, we find biden at 16 points and donald Trump at 84 points.
The amount of interest in Trump is many many times higher than biden.
We are primarily funded by readers. Please subscribe and donate to support us!
Arizona has biden with 15 points and Donald Trump with 85.
There’s just no way the votes haven’t been tampered with.
h/t KalElPrime


investmentwatchblog--2020-11-06--I just heard all Media has decided together that they will Declare Biden the Winner

If they do declare , you watch shit will hit the Fan .
I just watched a dude on , @ @ @ @ @ to his other media outlet friends and decided they will declare Biden .

If they do declare , you watch shit will hit the Fan.
I just watched a dude on, saying that he has spoken to his other media outlet friends and decided they will declare Biden.
We are primarily funded by readers. Please subscribe and donate to support us!
h/t Zeta


investmentwatchblog--2020-11-06--Covid-19 cases break record for second day in a row, topping 120,000… EUROPE is locking down again

Covid-19 cases break record for second day in a row , topping 120,000 # MrTopStepNews t.co/bL75R3Mqpz 5-Day Increase in Confirmed @ @ @ @ @ People ) Across the U.S. pic.twitter.com/bNo9Fg7qxh

Covid-19 cases break record for second day in a row, topping 120,000 #MrTopStepNews t.co/bL75R3Mqpz
5-Day Increase in Confirmed COVID-19 Cases (Per 100K People) Across the U.S. pic.twitter.com/bNo9Fg7qxh
— Michael McDonough (@M_McDonough) November 6, 2020


investmentwatchblog--2020-11-06--Republicans turn on Trump and call his claims of a conspiracy against him insane

• Maryland ’ s Republican Gov .
Larry Hogan and GOP Rep. Adam Kinzinger were among the first Republicans to be critical of President Donald Trump ’ s remarks • Trump stood in the White House briefing room and alleged a conspiracy by ‘ big media , big money and big tech ’ was waged against him • Hogan said there was ‘ no defense for the president ’ s comments tonight undermining our Democratic process ’ • Former GOP senators Rick Santorum and Jeff Flake were also critical of Trump ’ s actions Senior Republicans have hit out at @ @ @ @ @ @ @ evidence – that the election was being stolen from him , calling his allegations ‘ insane.
’ Chris Christie , the former governor of New Jersey and a Trump ally , accused the President of ‘ inflaming without informing ’ urging him to ‘ show us the evidence.
’ Larry Hogan , Republican governor of Maryland , said there is ‘ no defense ’ for Trump ’ s comments , adding : ‘ No person is more important than democracy.
’ And Adam Kinzinger , a Republican representative from Illinois , added : @ @ @ @ @ @ @ fraud present EVIDENCE and take it to court .
‘ STOP Spreading debunked misinformation… This is getting insane.
’ They spoke out on Thursday night after President Trump hosted a press conference – his first since election night – when he alleged a vast conspiracy against him by big tech , big donors , social media , the media in general , pollsters and Democrats .
At least seven networks , including major broadcasters ABC , CBS and NBC , cut away from him as he spoke , saying he made ‘ a @ @ @ @ @ @

Maryland’s Republican Gov. Larry Hogan and GOP Rep. Adam Kinzinger were among the first Republicans to be critical of President Donald Trump’s remarks
Trump stood in the White House briefing room and alleged a conspiracy by ‘big media, big money and big tech’ was waged against him
‘STOP Spreading debunked misinformation…,’ Kinzinger tweeted. ‘This is getting insane.’
Hogan said there was ‘no defense for the president’s comments tonight undermining our Democratic process’
Former GOP senators Rick Santorum and Jeff Flake were also critical of Trump’s actions
Senior Republicans have hit out at Donald Trump after he claimed – without evidence – that the election was being stolen from him, calling his allegations ‘insane.’
Chris Christie, the former governor of New Jersey and a Trump ally, accused the President of ‘inflaming without informing’ urging him to ‘show us the evidence.’
Larry Hogan, Republican governor of Maryland, said there is ‘no defense’ for Trump’s comments, adding: ‘No person is more important than democracy.’
And Adam Kinzinger, a Republican representative from Illinois, added: ‘If you have legit concerns about fraud present EVIDENCE and take it to court.
We are primarily funded by readers. Please subscribe and donate to support us!
‘STOP Spreading debunked misinformation… This is getting insane.’
They spoke out on Thursday night after President Trump hosted a press conference – his first since election night – when he alleged a vast conspiracy against him by big tech, big donors, social media, the media in general, pollsters and Democrats.
At least seven networks, including major broadcasters ABC, CBS and NBC, cut away from him as he spoke, saying he made ‘a number of false statements’.
www.dailymail.co.uk/news/article-8919791/Republicans-slam-Trumps-claim-massive-conspiracy-Democrats-media-big-money.html


investmentwatchblog--2020-11-06--There’s a political awakening among voters that Democrats have taken for granted. That’s likely to c

There’s a political awakening among voters that Democrats have taken for granted. That’s likely to continue with or without Trump.

STEPHEN L. CARTER : Democrats Counted Too Heavily on ‘ Trump Fatigue : ’ Attacks on the president and left-wing slogans turned a potential landslide into a nail-biter .
Politico reports that angry party centrists are blaming a combination of the leadership ’ s smugness in imagining that an anti-Trump message would be sufficient to win the day , as well as the inability of candidates in tough races to escape the taint of the left wing : “ Moderates in Trump-leaning districts couldn ’ t escape their ‘ socialist ’ shadow.
” Stephanie Murphy , head of the party @ @ @ @ @ @ @ frank about the cause of the party ’ s difficulties : “ That far-left agenda is not what wins districts and holds majorities.
” .
.
.
In this sense , the rise of identity politics created a moral hazard of its own , leaving the party with a false sense that ethnic groups have common interests that lead their members to vote as a bloc .
There ’ s limited truth to this contention , and this year the limits became apparent .
The Democrats seemed to assume that their portrayal of @ @ @ @ @ @ @ win them the support they needed among non-Whites .
But apparently not every voter in that group was persuaded ; at the very least , many found other issues more salient .
And Whiteness was less important this time around .
Preliminary exit polls tell us that Trump actually lost considerable ground among White men .
At the same time , he made significant gains among people of color , both those with college degrees and those without .

STEPHEN L. CARTER: Democrats Counted Too Heavily on ‘Trump Fatigue:’ Attacks on the president and left-wing slogans turned a potential landslide into a nail-biter.
Politico reports that angry party centrists are blaming a combination of the leadership’s smugness in imagining that an anti-Trump message would be sufficient to win the day, as well as the inability of candidates in tough races to escape the taint of the left wing: “Moderates in Trump-leaning districts couldn’t escape their ‘socialist’ shadow.” Stephanie Murphy, head of the party’s Blue Dog caucus, was frank about the cause of the party’s difficulties: “That far-left agenda is not what wins districts and holds majorities.” . . .
In this sense, the rise of identity politics created a moral hazard of its own, leaving the party with a false sense that ethnic groups have common interests that lead their members to vote as a bloc. There’s limited truth to this contention, and this year the limits became apparent. The Democrats seemed to assume that their portrayal of Trump as irredeemably racist would suffice to win them the support they needed among non-Whites. But apparently not every voter in that group was persuaded; at the very least, many found other issues more salient. And Whiteness was less important this time around. Preliminary exit polls tell us that Trump actually lost considerable ground among White men. At the same time, he made significant gains among people of color, both those with college degrees and those without.


investmentwatchblog--2020-11-06--Two Major Power Blocs Are Vying For Power In The Middle East

The 15 June clash between military units of the two great Asia powers – China and India – in the disputed territory of the Galwan Valley in the Himalayas reflected a much greater change in the core relationship between the two countries than the relatively small number of casualties might imply .
It marked a new ‘ push back ’ strategy from India against China ’ s policy of seeking to increase its economic and military alliances from Asia through the Middle East and into Southern Europe , in line with its multi-layered multi-generational ‘ One Belt , One Road @ @ @ @ @ @ @ China dramatically upped the tempo of this OBOR-related policy – at around the same time as the U.S. signalled its lack of interest in continuing its own large-scale activities in the Middle East through its withdrawal from the Joint Comprehensive Plan of Action ( JCPOA ) and its withdrawal from much of Syria – India had stuck to a policy of trying to contain China .
With the announcement in August of the U.S.-brokered Israel-UAE ‘ normalisation deal ’ it appears that a new corridor of co-operation is being developed from the U.S. @ @ @ @ @ @ @ UAE ( and Kuwait , Bahrain , and in part Saudi Arabia ) through to India , as a regional counterbalance to China ’ s growing sphere of influence .
As much of China ’ s current turbo-drive expansion into the Middle East is predicated in the first instance on the energy sector – most notably the military additions to the originally energy-focused 25-year deal with Iran – the starting point for the build-out of the U.S.-Israel-UAE-India also appears to be the energy sector .
This makes perfect sense as the oil industry @ @ @ @ @ @ @ of huge amounts of money , ships , equipment , technology , and personnel in often disguised ways – confidential bank accounts , intelligence and military personnel who can pass as high-level oil technicians or security people , ships hat can disappear through the flick of an AIS switch and so on – that other industries can not match for activities that countries wish to conduct quietly .
In this context , shortly after the announcement on the 13th of August of the U.S.-Israel-UAE-deal , it was also stated that the three countries @ @ @ @ @ @ @ of oil and gas and ‘ related technologies ’ ( which , as China and Russia know in Iran , Iraq , and Syria , can mean absolutely anything at all ) .
With Bahrain later following the UAE in making a similar ‘ normalisation deal ’ with Israel , Washington has considerable room for optimism that further such deals can be made with the other GCC states , comprising Kuwait ( already firmly in the U.S. sphere of influence ) , Saudi Arabia ( Crown Prince Mohammed bin Salman is believed to @ @ @ @ @ @ @ accord ) , Oman ( toying with moving into the China fold ) , and Qatar ( quietly co-operating with Iran over the South Pars/North Dome gas field ) .
The remaining GCC states – Jordan and Egypt – already have similar pacts with Israel .
In the Abu Dhabi National Oil Co ( ADNOC ) this new U.S.-aligned group has an ideal corporate proxy to advance such broader policy and power projection all the way up to China ’ s border through increased co-operation with India .
At the moment , ADNOC @ @ @ @ @ @ @ energy producer and OPE ’ ’ s third-largest oil producer – is pumping around 4 million barrels per day ( bpd ) of crude oil but , according to a statement last month , is aiming to increase this output by at least another 1 million bpd by 2030 at the latest , and to increase its gas output as well .
In order to generate the funding for this volume expansion , ADNOC ’ s chief executive officer , Sultan al-Jaber announced recently that it will : “ …Continue to pursue partnerships @ @ @ @ @ @ @ generate new value streams for us to reinvest in higher value , higher return projects.
” These new deals are likely to heavily involve U.S. and U.S.-allied firms , in line with the US $ 10 billion+ that ADNOC secured from a consortium of international investors by selling a 49 per cent stake in its gas pipelines a year after striking a similar transaction for its oil pipelines .
ADNOC also secured a US $ 5 billion+ deal last year with a similarly-constituted of heavy-hitting U.S. financial companies , BlackRock , and KKR @ @ @ @ @ @ @ , and given the U.S. endgame in securing India as a direct counterbalance to China in Asia , the last piece of the puzzle appears to be moving into place right now .
Al-Jaber last week made a high-profile speech at which he said that he looks forward to exploring partnerships with even more Indian companies across the energy giant ’ s hydrocarbon value chain .
He added that he wants this to include expanding the commercial scale and scope of the strategic reserves partnership , in line with ADNOC currently being the @ @ @ @ @ @ @ hold and store India ’ s vitally-important strategic petroleum reserves ( SPR ) .
In keeping with the developing scope of this relationship , only two weeks earlier , India ’ s government approved a proposal that will allow ADNOC to export oil from the SPR if there is no domestic demand for it , in the first instance from the Mangalore strategic storage facility ( the other major SPR pool being at Padur ) .
This decision marked a major shift in the policy of India in the handling of these vital @ @ @ @ @ @ @ previously completely banned all oil exports from the SPR storage facilities .
A further sign of this relationship between the U.S.-sponsored UAE and India moving up a gear is the likelihood of ADNOC being ‘ top of the list ’ of foreign companies that would be considered to buy a substantial stake in the high-profile privatisation of major Indian refiner , Bharat Petroleum , OilPrice.com understands from sources close to the deal .
Russian state corporate proxy , Rosneft , had expressed an interest in buying the Indian government ’ s 53.29 per @ @ @ @ @ @ @ the middle of this year – following a visit to New Delhi in February by Rosneft ’ s chief executive officer , Igor Sechin – but these overtures have now been sidelined by India .
Certainly , given the current low oil price and low demand for a range of refined products , it may be thought that buying a refining-centric operation would not appeal to many companies but , as far as the UAE is concerned , it would fit well not just into the broader geopolitical manoeuvring that is going on @ @ @ @ @ @ @ swathe of deals being planned with Indian companies in the UAE .
This was underlined by al-Jabber at the end of last month when he said : “ Today , Indian companies represent some of Abu Dhabi ’ s key concession and exploration partners… [ and ] As we continue to work together , I see significant new opportunities for enhanced partnerships , particularly across our downstream portfolio.
” He added : “ We have launched an ambitious plan to expand our chemicals , petrochemicals , derivatives and industrial base in Abu Dhabi @ @ @ @ @ @ @ with even more Indian companies across our hydrocarbon value chain.
” This longer-term view accords with the outlook given at the end of last month by India ’ s minister of petroleum and natural gas , Dharmendra Pradhan , as he stated that India ’ s demand for refined products is expected to rise dramatically , requiring a 40 per cent increase in the its refining capacity to 350 million tonnes a year or 7 million barrels per day ( bpd ) by 2030 .
Part of the policy to accommodate for this @ @ @ @ @ @ @ 1.2 million bpd refinery and petrochemical plant on India ’ s west coast through a joint venture made up of Indian state refiners and ADNOC , plus , possibly Saudi Aramco .
The final push for this series of announcements indicating an even broader and deeper relationship developing between the UAE and India may have come from the unscheduled visit in September of India ’ s defence minister , Rajnath Singh , to Iran where he met his Iranian counterpart Brigadier General Amir Hatami .
OilPrice.com understands that this visit in large part @ @ @ @ @ @ @ what the true scope of the 25-year deal between China and Iran actually is , and more immediately for Indian security and financing , how it will impact on the long-running development of Iran ’ s Chabahar port .
At the beginning of 2018 , Iran ’ s premier , Hassan Rouhani , and his Indian counterpart , Narendra Modi , witnessed the signing of an agreement that gave operational control for an initial period of 18 months to India of the Shahid Beheshti port , one of the two port segments of @ @ @ @ @ @ @ the other being Shahid Kalantri .
This marked a major operational advance on the strategically crucial development that would allow Iran easier access to its top priority markets of Asia and India to finally make substantive progress on its ‘ Neighbourhood First ’ policy alternative to China ’ s ‘ One Belt , One Road ’ initiative .
Additionally crucial for India is that Chabahar Port is the most obvious transit alternative to the China-built and operated Gwadar Port in Pakistan , just 75 kilometres away , which is the key departure point @ @ @ @ @ @ @ understands that no reassurances were made by Hatami to Singh that the Chabahar Port project would continue to be regarded as primarily an India-led development , and that China would be taking the lead role from now on .

By Simon Watkins
The 15 June clash between military units of the two great Asia powers – China and India – in the disputed territory of the Galwan Valley in the Himalayas reflected a much greater change in the core relationship between the two countries than the relatively small number of casualties might imply. It marked a new ‘push back’ strategy from India against China’s policy of seeking to increase its economic and military alliances from Asia through the Middle East and into Southern Europe, in line with its multi-layered multi-generational ‘One Belt, One Road’ (OBOR) project. Until China dramatically upped the tempo of this OBOR-related policy – at around the same time as the U.S. signalled its lack of interest in continuing its own large-scale activities in the Middle East through its withdrawal from the Joint Comprehensive Plan of Action (JCPOA) and its withdrawal from much of Syria – India had stuck to a policy of trying to contain China. With the announcement in August of the U.S.-brokered Israel-UAE ‘normalisation deal’ it appears that a new corridor of co-operation is being developed from the U.S. (and Israel), through the UAE (and Kuwait, Bahrain, and in part Saudi Arabia) through to India, as a regional counterbalance to China’s growing sphere of influence.
As much of China’s current turbo-drive expansion into the Middle East is predicated in the first instance on the energy sector – most notably the military additions to the originally energy-focused 25-year deal with Iran – the starting point for the build-out of the U.S.-Israel-UAE-India also appears to be the energy sector. This makes perfect sense as the oil industry, in particular, involves the movement of huge amounts of money, ships, equipment, technology, and personnel in often disguised ways – confidential bank accounts, intelligence and military personnel who can pass as high-level oil technicians or security people, ships hat can disappear through the flick of an AIS switch and so on – that other industries cannot match for activities that countries wish to conduct quietly. In this context, shortly after the announcement on the 13th of August of the U.S.-Israel-UAE-deal, it was also stated that the three countries now agree to co-operate in the fields of oil and gas and ‘related technologies’ (which, as China and Russia know in Iran, Iraq, and Syria, can mean absolutely anything at all). With Bahrain later following the UAE in making a similar ‘normalisation deal’ with Israel, Washington has considerable room for optimism that further such deals can be made with the other GCC states, comprising Kuwait (already firmly in the U.S. sphere of influence), Saudi Arabia (Crown Prince Mohammed bin Salman is believed to have been in favour of the UAE-Israel accord), Oman (toying with moving into the China fold), and Qatar (quietly co-operating with Iran over the South Pars/North Dome gas field). The remaining GCC states – Jordan and Egypt – already have similar pacts with Israel.
In the Abu Dhabi National Oil Co (ADNOC) this new U.S.-aligned group has an ideal corporate proxy to advance such broader policy and power projection all the way up to China’s border through increased co-operation with India. At the moment, ADNOC – already the UAE’s biggest energy producer and OPE’’s third-largest oil producer – is pumping around 4 million barrels per day (bpd) of crude oil but, according to a statement last month, is aiming to increase this output by at least another 1 million bpd by 2030 at the latest, and to increase its gas output as well. In order to generate the funding for this volume expansion, ADNOC’s chief executive officer, Sultan al-Jaber announced recently that it will: “…Continue to pursue partnerships with investors that will allow us to generate new value streams for us to reinvest in higher value, higher return projects.” These new deals are likely to heavily involve U.S. and U.S.-allied firms, in line with the US$10 billion+ that ADNOC secured from a consortium of international investors by selling a 49 per cent stake in its gas pipelines a year after striking a similar transaction for its oil pipelines. ADNOC also secured a US$5 billion+ deal last year with a similarly-constituted of heavy-hitting U.S. financial companies, BlackRock, and KKR.
We are primarily funded by readers. Please subscribe and donate to support us!
With all of this moving forward, and given the U.S. endgame in securing India as a direct counterbalance to China in Asia, the last piece of the puzzle appears to be moving into place right now. Al-Jaber last week made a high-profile speech at which he said that he looks forward to exploring partnerships with even more Indian companies across the energy giant’s hydrocarbon value chain. He added that he wants this to include expanding the commercial scale and scope of the strategic reserves partnership, in line with ADNOC currently being the only overseas company so far allowed to hold and store India’s vitally-important strategic petroleum reserves (SPR). In keeping with the developing scope of this relationship, only two weeks earlier, India’s government approved a proposal that will allow ADNOC to export oil from the SPR if there is no domestic demand for it, in the first instance from the Mangalore strategic storage facility (the other major SPR pool being at Padur). This decision marked a major shift in the policy of India in the handling of these vital energy reserves, with the country having previously completely banned all oil exports from the SPR storage facilities.
A further sign of this relationship between the U.S.-sponsored UAE and India moving up a gear is the likelihood of ADNOC being ‘top of the list’ of foreign companies that would be considered to buy a substantial stake in the high-profile privatisation of major Indian refiner, Bharat Petroleum, OilPrice.com understands from sources close to the deal. Russian state corporate proxy, Rosneft, had expressed an interest in buying the Indian government’s 53.29 per cent in the company as recently as the middle of this year – following a visit to New Delhi in February by Rosneft’s chief executive officer, Igor Sechin – but these overtures have now been sidelined by India. Certainly, given the current low oil price and low demand for a range of refined products, it may be thought that buying a refining-centric operation would not appeal to many companies but, as far as the UAE is concerned, it would fit well not just into the broader geopolitical manoeuvring that is going on but also – commercially – into the swathe of deals being planned with Indian companies in the UAE. This was underlined by al-Jabber at the end of last month when he said: “Today, Indian companies represent some of Abu Dhabi’s key concession and exploration partners…[and] As we continue to work together, I see significant new opportunities for enhanced partnerships, particularly across our downstream portfolio.” He added: “We have launched an ambitious plan to expand our chemicals, petrochemicals, derivatives and industrial base in Abu Dhabi and I look forward to exploring partnerships with even more Indian companies across our hydrocarbon value chain.” This longer-term view accords with the outlook given at the end of last month by India’s minister of petroleum and natural gas, Dharmendra Pradhan, as he stated that India’s demand for refined products is expected to rise dramatically, requiring a 40 per cent increase in the its refining capacity to 350 million tonnes a year or 7 million barrels per day (bpd) by 2030. Part of the policy to accommodate for this increase is the plan to build a 1.2 million bpd refinery and petrochemical plant on India’s west coast through a joint venture made up of Indian state refiners and ADNOC, plus, possibly Saudi Aramco.
The final push for this series of announcements indicating an even broader and deeper relationship developing between the UAE and India may have come from the unscheduled visit in September of India’s defence minister, Rajnath Singh, to Iran where he met his Iranian counterpart Brigadier General Amir Hatami. OilPrice.com understands that this visit in large part focused on India trying to establish exactly what the true scope of the 25-year deal between China and Iran actually is, and more immediately for Indian security and financing, how it will impact on the long-running development of Iran’s Chabahar port. At the beginning of 2018, Iran’s premier, Hassan Rouhani, and his Indian counterpart, Narendra Modi, witnessed the signing of an agreement that gave operational control for an initial period of 18 months to India of the Shahid Beheshti port, one of the two port segments of the key Chabahar Port development project, the other being Shahid Kalantri. This marked a major operational advance on the strategically crucial development that would allow Iran easier access to its top priority markets of Asia and India to finally make substantive progress on its ‘Neighbourhood First’ policy alternative to China’s ‘One Belt, One Road’ initiative. Additionally crucial for India is that Chabahar Port is the most obvious transit alternative to the China-built and operated Gwadar Port in Pakistan, just 75 kilometres away, which is the key departure point in the China-Pakistan Economic Corridor. OilPrice.com understands that no reassurances were made by Hatami to Singh that the Chabahar Port project would continue to be regarded as primarily an India-led development, and that China would be taking the lead role from now on.
By Simon Watkins for Oilprice.com


investmentwatchblog--2020-11-06--The wildest CCP dreams may become true soon.

BREAKING – Biden takes the lead # Georgia .
Without Georgia , there is no path to 270 for Trump @ @ @ @ @ potential military votes outstanding .
In January 2021 , with two likely runoff elections next @ @ @ @ @ the battle for the control of the US Senate .

BREAKING – Biden takes the lead #Georgia. Without Georgia, there is no path to 270 for Trump. There are still 8,800 potential military votes outstanding. In January 2021, with two likely runoff elections next year, Georgia will decide the battle for the control of the US Senate.
— Disclose.tv 🚨 (@disclosetv) November 6, 2020


investmentwatchblog--2020-11-07--Joe Biden’s Endless River of Debt and Regulation

There are at least 11 trillion reasons to be very scared about what comes next .

Reason TV, Released on 11/6/20
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There are at least 11 trillion reasons to be very scared about what comes next.


investmentwatchblog--2020-11-07--The Election That 2020 Deserves Gets the Economic Fallout That It Deserves

At the time of this writing , the United States has not officially declared a winner in the presidential election .
Naturally , this has Americans on edge .
As the Wall Street Journal described it , “ As Tuesday ’ s election-night vote tabulations rolled into Wednesday without a clear winner in the U.S. presidential race , a sense of uncertainty—and fear—crept into the minds of voters on either side of the political divide.
” That uncertainty seems to be pervading the markets , too .
Oddly , even though the election itself hasn ’ t been decided , @ @ @ @ @ @ @ many pundits scratching their heads .
Wolf Richter can ’ t fathom the rationale for the “ audacious rally that has the Dow Jones Industrial Average on track for its best post-election return in 120 years.
” As of the publication of this article , the rally had continued in spite of election turmoil — including a recount being called for in Wisconsin and a lawsuit pending for “ ballot access ” in Michigan , among other things .
“ These narratives are funny .
They change and adapt constantly , like a @ @ @ @ @ @ @ Wednesday .
And there is a lot more going on that has the potential to put this unusual “ morning after ” rally in the rearview mirror .
Anxiety Levels Could Reach a Fever Pitch in the Coming Months Aside from the fact that a president-elect could be declared at any time , or even potentially weeks from now , quite a few other immediate economic concerns exist .
An article on AZCentral summarized some of the current uneasiness : If unemployed consumers don ’ t get spendable cash in their pockets , @ @ @ @ @ @ @ on excess spending .
If small businesses struggle , that can cause ripple effects not just at the local level , but also nationally .
And that stock market rally might not look as good as it appears to , either .
The infamous Warren Buffett “ yardstick , ” which measures total market cap compared to GNP , currently sits north of 200 % – its highest point in history .
Jesse Felder warns of “ an extremely overvalued stock market , driven by a speculative euphoria even while the price trend @ @ @ @ @ @ @ , if you were hoping that the election would bring the last of any surprises in 2020 , you may be out of luck .
Keep holding onto your seat .
Barring some definitive action , the election madness could last days , weeks , even the next couple of months .
We ’ ll have to see how that plays out .
Now is the time to prepare , if you haven ’ t already , because who knows what will happen next ?
There may come a time when you ’ @ @ @ @ @ @ @ such as physical gold and silver , which can help provide a hedge against uncertain economic conditions .

From Birch Gold Group
At the time of this writing, the United States has not officially declared a winner in the presidential election.
Naturally, this has Americans on edge. As the Wall Street Journal described it, “As Tuesday’s election-night vote tabulations rolled into Wednesday without a clear winner in the U.S. presidential race, a sense of uncertainty—and fear—crept into the minds of voters on either side of the political divide.”
That uncertainty seems to be pervading the markets, too. Oddly, even though the election itself hasn’t been decided, stocks have been up.
That has many pundits scratching their heads. Wolf Richter can’t fathom the rationale for the “audacious rally that has the Dow Jones Industrial Average on track for its best post-election return in 120 years.”
As of the publication of this article, the rally had continued in spite of election turmoil — including a recount being called for in Wisconsin and a lawsuit pending for “ballot access” in Michigan, among other things.
“These narratives are funny. They change and adapt constantly, like a weather vane,” wrote Richter on Wednesday.
And there is a lot more going on that has the potential to put this unusual “morning after” rally in the rearview mirror.
Anxiety Levels Could Reach a Fever Pitch in the Coming Months
Aside from the fact that a president-elect could be declared at any time, or even potentially weeks from now, quite a few other immediate economic concerns exist.
An article on AZCentral summarized some of the current uneasiness:
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We’re not just frustrated by the ongoing rancor and uncertainty over the election. The country continues to see spikes in COVID-19 cases, troubling unemployment levels and the painful site of struggling small restaurants and other businesses in our communities. A much-needed second economic stimulus package could be stalled for months…
If unemployed consumers don’t get spendable cash in their pockets, they are likely to cut way back on excess spending.
If small businesses struggle, that can cause ripple effects not just at the local level, but also nationally.
And that stock market rally might not look as good as it appears to, either.
The infamous Warren Buffett “yardstick,” which measures total market cap compared to GNP, currently sits north of 200% – its highest point in history.
Jesse Felder warns of “an extremely overvalued stock market, driven by a speculative euphoria even while the price trend is running out of steam.”
So, if you were hoping that the election would bring the last of any surprises in 2020, you may be out of luck. Keep holding onto your seat.
Gold and Silver Could Provide Needed Stability
Barring some definitive action, the election madness could last days, weeks, even the next couple of months. We’ll have to see how that plays out.
Now is the time to prepare, if you haven’t already, because who knows what will happen next?
There may come a time when you’ll be relieved that you held assets such as physical gold and silver, which can help provide a hedge against uncertain economic conditions.


investmentwatchblog--2020-11-07--The Bull Case For Stocks

The Bull Case For Stocks

In the wake of our recent amazing interviews with greats like Jim Rogers , James Grant , Ben Hunt and David Stockman — all of whom express great concern that today ’ s elevated market prices may undergo a sudden and violent correction — many of you have asked us to bring on a expert to challenge that point of view .
Which we are more than happy to do .
To avoid the echo chamber risk , it ’ s essential to understand the positions of those who draw different interpretations as we do from the same data .
@ @ @ @ @ @ @ case for the markets from here ?
Longtime successful hedge fund manager Glen Kacher , CIO and founder of Light Street Capital , courageously accepted our invitation to make the argument for higher stock prices ahead .
While he shares some of the Peak Prosperity audience ’ s concerns about excessive valuation multiples , the long -term risks of Federal Reserve intervention , and rising social inequity , Glen still sees a preponderance of factors keeping the environment beneficial for numerous sectors — particularly his fund ’ s main focus , Technology .
@ @ @ @ @ @ @ , our recommended advisors at New Harbor Financial remain skeptical that markets can continue rising higher for much longer .
They remind us that we are seeing many of the same conditions that have presaged substantial , sustained corrections in the past : So whether you agree with the bull outlook or not , now is the time to partner with a financial advisor who understands the risks in play , can craft an appropriate portfolio strategy for you given your needs , and apply sound risk management protection where appropriate : Anyone @ @ @ @ @ @ @ portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here .
And if you ’ re one of the many readers brand new to Peak Prosperity over the past few months , we strongly urge you get your financial situation in order in parallel with your ongoing physical coronavirus preparations .
We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website .
If you ’ ve @ @ @ @ @ @ @ if not , consider talking to the team at New Harbor .
We ’ ve set up this ‘ free consultation ’ relationship with them to help folks exactly like you .

by Adam Taggart
In the wake of our recent amazing interviews with greats like Jim Rogers, James Grant, Ben Hunt and David Stockman — all of whom express great concern that today’s elevated market prices may undergo a sudden and violent correction — many of you have asked us to bring on a expert to challenge that point of view.
Which we are more than happy to do. To avoid the echo chamber risk, it’s essential to understand the positions of those who draw different interpretations as we do from the same data.
So, what’s the bull case for the markets from here?
Longtime successful hedge fund manager Glen Kacher, CIO and founder of Light Street Capital, courageously accepted our invitation to make the argument for higher stock prices ahead.
While he shares some of the Peak Prosperity audience’s concerns about excessive valuation multiples, the long -term risks of Federal Reserve intervention, and rising social inequity, Glen still sees a preponderance of factors keeping the environment beneficial for numerous sectors — particularly his fund’s main focus, Technology.
On the other side of the argument, our recommended advisors at New Harbor Financial remain skeptical that markets can continue rising higher for much longer.
We are primarily funded by readers. Please subscribe and donate to support us!
They remind us that we are seeing many of the same conditions that have presaged substantial, sustained corrections in the past:
So whether you agree with the bull outlook or not, now is the time to partner with a financial advisor who understands the risks in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:
Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here.
And if you’re one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical coronavirus preparations.
We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you’ve already got one, great.
But if not, consider talking to the team at New Harbor. We’ve set up this ‘free consultation’ relationship with them to help folks exactly like you.


investmentwatchblog--2020-11-07--Joe Biden severely underperformed in every major metro area in the US compared to Hillary Clinton EX

Joe Biden severely underperformed in every major metro area in the US compared to Hillary Clinton EXCEPT Milwaukee, Detroit, Atlanta, and Philadelphia

How is it possible that we have record turnout but Joe Biden gets less than Hillary in every metro except @ @ @ @ @ been accused with rampant fraud and are carrying Biden to victory ?

by AI-MachineLearning
How is it possible that we have record turnout but Joe Biden gets less than Hillary in every metro except the 4 cities that have been accused with rampant fraud and are carrying Biden to victory?
We are primarily funded by readers. Please subscribe and donate to support us!
Source:
🚨🚨🚨 Joe Biden underperformed Hillary Clinton in every major metro area around the country, save for Milwaukee, Detroit, Atlanta and Philadelphia. Shocking news 🙄 t.co/SxL91KGfck — Eric Trump (@EricTrump) November 5, 2020


investmentwatchblog--2020-11-07--The world is laughing, and rightly so.

The world is laughing, and rightly so.

IT ’ S BECAUSE OF MAIL-IN VOTING : The Disastrous 2020 Election Will Never Be Resolved .
It all began with mail-in voting—that scandal-ready procedure that was the electoral equivalent of flying over American states in B-52s as if they were behind enemy lines and dropping ballots at random .
If one were to design a system by which a democracy could be subverted , even destroyed , universal mail-in voting ( not , of course , normal absentee voting that requires the citizen to request a ballot ) would be at or near the top of a list .
@ @ @ @ @ @ @ s not just the obvious—dead people voting , people who left the state voting , illegal aliens voting , signatures no one could possibly recognize being authenticated , signatures with no record , envelopes being back-dated , ballots found in gullies , ballots dumped in gullies , ballot harvesting , foreign agents voting surreptitiously en masse , deadlines that keep moving like the proverbial goal posts , and who knows what .
It ’ s an actual guarantee of chaos—and that ’ s what we had and have .
No one will ever @ @ @ @ @ @ @ was the excuse , but I strongly suspect it was more than that .
I suspect , in fact I ’ m sure , that the intention of some was to utilize the pandemic to institute mail-in voting because they knew it would create this chaos , almost like an Antifa for the electoral system .
How do we know it was in some ways intentional ?
There was plenty of warning .
Just this June , 223,000 ballots in Nevada ’ s Clark County—17 percent of that county ’ s electorate that @ @ @ @ @ @ @ wrong addresses for their primary , according to the Public Interest Legal Foundation .
No evidence has been forthcoming that this was corrected .
PILF president and general legal counsel J. Christian Adams calls mail-in voting “ chaos that lends itself to fraud.
” PILF has posted a rather droll video—if it weren ’ t so depressing—of their investigators going to some of these registration addresses that turn out to be commercial businesses , not homes , where the putative voter may or may not have once been employed ( in some cases @ @ @ @ @ @ @ them ) .
These include an abandoned mine , of all things .

IT’S BECAUSE OF MAIL-IN VOTING: The Disastrous 2020 Election Will Never Be Resolved.
It all began with mail-in voting—that scandal-ready procedure that was the electoral equivalent of flying over American states in B-52s as if they were behind enemy lines and dropping ballots at random.
If one were to design a system by which a democracy could be subverted, even destroyed, universal mail-in voting (not, of course, normal absentee voting that requires the citizen to request a ballot) would be at or near the top of a list.
What could go wrong?
It’s not just the obvious—dead people voting, people who left the state voting, illegal aliens voting, signatures no one could possibly recognize being authenticated, signatures with no record, envelopes being back-dated, ballots found in gullies, ballots dumped in gullies, ballot harvesting, foreign agents voting surreptitiously en masse, deadlines that keep moving like the proverbial goal posts, and who knows what.
It’s an actual guarantee of chaos—and that’s what we had and have.
No one will ever really know what happened.
The pandemic was the excuse, but I strongly suspect it was more than that. I suspect, in fact I’m sure, that the intention of some was to utilize the pandemic to institute mail-in voting because they knew it would create this chaos, almost like an Antifa for the electoral system.
How do we know it was in some ways intentional?
There was plenty of warning. Just this June, 223,000 ballots in Nevada’s Clark County—17 percent of that county’s electorate that includes Las Vegas—were sent willy-nilly to the wrong addresses for their primary, according to the Public Interest Legal Foundation.
No evidence has been forthcoming that this was corrected. PILF president and general legal counsel J. Christian Adams calls mail-in voting “chaos that lends itself to fraud.”
PILF has posted a rather droll video—if it weren’t so depressing—of their investigators going to some of these registration addresses that turn out to be commercial businesses, not homes, where the putative voter may or may not have once been employed (in some cases no one seems to have heard of them). These include an abandoned mine, of all things.


investmentwatchblog--2020-11-07--Currency War Race To Debase: How Other Central Banks Do It

by Jason Burack of Wall St For Main St Case study of how the Australian central bank , the Reserve @ @ @ @ @ its currency and then buys up bonds of all levels of government to maintain the @ @ @ @ @ in the name of fighting deflation , of course !
Commit to tipping us monthly @ @ @ @ @ high level , thought provoking content that includes interviews with top experts , analysis and @ @ @ @ @ the economy www.patreon.com/wallstformainst

by Jason Burack of Wall St For Main St
Case study of how the Australian central bank, the Reserve Bank of Australia, devalues its currency and then buys up bonds of all levels of government to maintain the size of government. All in the name of fighting deflation, of course!
We are primarily funded by readers. Please subscribe and donate to support us!
FULL SHOW NOTES AND LINKS HERE
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investmentwatchblog--2020-11-07--LOCKDOWN2: how it will control the public opinion virus

Something has been variously rumbling and grinding around my head this week .
The US Election put the train of thought on my brain ’ s back burner – already an overcrowded fire hazard – and then last night , it returned to a european focus , and the old ever-recurring tedium of Brexit and Covid19 .
The subject I want to get into is Lockdown .
For Lockdown is billed as a way to slow down Covid19 and save lives….but nobody is able to show me any evidence from any country that it does anything but the opposite .
@ @ @ @ @ @ @ in fact , shows irrefutable evidence that , yet again , the Covid19 death projections are already going wrong .
Surely now , the People will start to see what ’ s in play here ?
However , Lockdown is very good indeed at containing the virus called public opinion .
One of the most ill-researched and underrated subjects in the lexicon of First World social anthropology is the influence of office gossip , lunch , pub-talk , meetings , supper parties , chats in local shops and so forth…the chance conversations of @ @ @ @ @ @ @ to the spread of ideas , opinions and attitudes among peers that lie beyond either the media or formal education .
At one ad agency during my early professional career , my boss and I found we had this fascination in common , for it was part of a shared belief system about advertising having a ‘ life ’ beyond TV , press and posters – in those moments when a colleague or acquaintance says , “ Have you seen the new Meerkats one for Compare the Market ?
” or whatever .
@ @ @ @ @ @ @ epidemiology ’ , and together we penned an article about famous advertising….advertising that might not be running on TV at the time , but was still doing the rounds of every other pub-chat in Britain .
To support the article , I conducted some focus groups and persuaded the agency to stump up for a series of questions on ‘ piggy-backed ’ syndicated quantification studies .
The study was fascinating in its confirmation of the power of ‘ word of mouth ’ – passaparole as the Italians say , or bocca-bocca – words @ @ @ @ @ @ @ stifles this process almost entirely .
Further , it enables media messages to be broadcast with little or no peer-to-peer passaparole to act as a brake or a contrary viewpoint .
While this goes on , Professor Horby continues to frame and undertake vaccine trials on humans , Neil Ferguson carries on his love affair with the BBC by predicting yet more ludicrous doom , and Boris Johnson predicts an eventual feast of success for Britain , where the jam is always due to arrive tomorrow .
The week now passing provided an @ @ @ @ @ @ @ “ experts ” on Covid19 set out once more on their new attempt to dupe the British Political Executive .
Johnson began to salt his barely masticated words with ‘ Lockdown ’ .
This time – after three or more months of normal social intercourse – there were stirrings of unrest .
Both the Daily Mail and Telegraph picked this up , and contrarian internet sites demanded more evidence plus Parliamentary scrutiny .
Whitty and Vallance turned up and gave a less than impressive performance , essentially revealing themselves to be half-baked broad @ @ @ @ @ @ @ to wipe the floor with the ‘ Dunno , mate ” duo , Parliament as a whole then votes overwhelmingly for what the two Pharma salesmen demand .
And the media do nothing to deconstruct what the two clowns said .
Only Lord Sumption correctly identifies Lockdown2 as marking “ a move to a more authoritarian model of politics which will transform the relationship between the state and the citizen , and lead to distrust , resentment and mutual hostility.
” What I ’ m now positing is that Lockdown2 will slow down @ @ @ @ @ @ @ of opinion – above and beyond the convenient State demand that large bodies should not meet in order to express their unrest .
This leaves the internet with the unenviable job of explaining the difference between excrement and putty .
Voices like James Delingpole , the Conservative Woman , OffGuardian , Spiked et al point out the illogicalities , the holes , the contradictions and the failures .
Cue MPs hollering for more regulation of internet content ?
Rely on it .
Rishi Sunak ’ s announcement in the House that he would @ @ @ @ @ @ @ end of March 2021 shows you where were are headed .
Along that road lies a probable Brexit sellout on at least one key dimension .
An ever-ballooning National Debt .
And people glued to BBC or Sky News pumping out their daily mixture of assumptive Establishment poppycock .
Out there on the global virtual surfboard , there are still too many sofa-bound optimists predicting revolution and the triumph of Truth .
I do wish they ’ d shut up .
Unlike Trump , Boris ’ s maverick style is just an act @ @ @ @ @ @ @ Johnson style doesn ’ t suit the Corporacrats .
“ I warned you , ” says Sir Mark Sedwill to his new EUNATO colleagues , “ Loose cannon , what ?
Disorganised .
Overpromising .
Not sound .
He ’ ll hang himself….and the country will not want another election .
Persuade the chap to resign and urge national unity .
Toss him a few million .
Then get our chaps in ” .
Much nodding around the table .

by John Ward
Nascent martial law in the UK: troops begin mass covid testing in Liverpool yesterday
Something has been variously rumbling and grinding around my head this week. The US Election put the train of thought on my brain’s back burner – already an overcrowded fire hazard – and then last night, it returned to a european focus, and the old ever-recurring tedium of Brexit and Covid19.
The subject I want to get into is Lockdown. For Lockdown is billed as a way to slow down Covid19 and save lives….but nobody is able to show me any evidence from any country that it does anything but the opposite.
This morning’s Daily Telegraph, in fact, shows irrefutable evidence that, yet again, the Covid19 death projections are already going wrong. Surely now, the People will start to see what’s in play here?
However, Lockdown is very good indeed at containing the virus called public opinion.
One of the most ill-researched and underrated subjects in the lexicon of First World social anthropology is the influence of office gossip, lunch, pub-talk, meetings, supper parties, chats in local shops and so forth…the chance conversations of life as a pack species that lead to the spread of ideas, opinions and attitudes among peers that lie beyond either the media or formal education.
At one ad agency during my early professional career, my boss and I found we had this fascination in common, for it was part of a shared belief system about advertising having a ‘life’ beyond TV, press and posters – in those moments when a colleague or acquaintance says, “Have you seen the new Meerkats one for Compare the Market?” or whatever. He even coined the phrase ‘advertising epidemiology’, and together we penned an article about famous advertising….advertising that might not be running on TV at the time, but was still doing the rounds of every other pub-chat in Britain.
To support the article, I conducted some focus groups and persuaded the agency to stump up for a series of questions on ‘piggy-backed’ syndicated quantification studies. The study was fascinating in its confirmation of the power of ‘word of mouth’ – passaparole as the Italians say, or bocca-bocca – words that pass from mouth to mouth
Lockdown stifles this process almost entirely. Further, it enables media messages to be broadcast with little or no peer-to-peer passaparole to act as a brake or a contrary viewpoint.
While this goes on, Professor Horby continues to frame and undertake vaccine trials on humans, Neil Ferguson carries on his love affair with the BBC by predicting yet more ludicrous doom, and Boris Johnson predicts an eventual feast of success for Britain, where the jam is always due to arrive tomorrow.
The week now passing provided an insight into this process. The SAGE “experts” on Covid19 set out once more on their new attempt to dupe the British Political Executive. Johnson began to salt his barely masticated words with ‘Lockdown’.
This time – after three or more months of normal social intercourse – there were stirrings of unrest. Both the Daily Mail and Telegraph picked this up, and contrarian internet sites demanded more evidence plus Parliamentary scrutiny.
We are primarily funded by readers. Please subscribe and donate to support us!
Whitty and Vallance turned up and gave a less than impressive performance, essentially revealing themselves to be half-baked broad brush-stroke chancers.
Having muffed the chance to wipe the floor with the ‘Dunno, mate” duo, Parliament as a whole then votes overwhelmingly for what the two Pharma salesmen demand. And the media do nothing to deconstruct what the two clowns said.
Only Lord Sumption correctly identifies Lockdown2 as marking “a move to a more authoritarian model of politics which will transform the relationship between the state and the citizen, and lead to distrust, resentment and mutual hostility.”
What I’m now positing is that Lockdown2 will slow down the growth-rate of a contrarian anti-Pharmafia body of opinion – above and beyond the convenient State demand that large bodies should not meet in order to express their unrest.
This leaves the internet with the unenviable job of explaining the difference between excrement and putty. Voices like James Delingpole, the Conservative Woman, OffGuardian, Spiked et al point out the illogicalities, the holes, the contradictions and the failures.
Cue MPs hollering for more regulation of internet content? Rely on it.
Rishi Sunak’s announcement in the House that he would extend the furlough assistance scheme until the end of March 2021 shows you where were are headed.
Along that road lies a probable Brexit sellout on at least one key dimension. An ever-ballooning National Debt. And people glued to BBC or Sky News pumping out their daily mixture of assumptive Establishment poppycock.
Out there on the global virtual surfboard, there are still too many sofa-bound optimists predicting revolution and the triumph of Truth. I do wish they’d shut up. Unlike Trump, Boris’s maverick style is just an act. Exactly as with Trump, the Johnson style doesn’t suit the Corporacrats.
“I warned you,” says Sir Mark Sedwill to his new EUNATO colleagues, “Loose cannon, what? Disorganised. Overpromising. Not sound. He’ll hang himself….and the country will not want another election. Persuade the chap to resign and urge national unity. Toss him a few million. Then get our chaps in”.
Much nodding around the table.


investmentwatchblog--2020-11-07--US media worse than China and Russia combined. Laughingstock of the world

US is an Banana Republic .
These are beyond things laughed at in the 3rd world .
Beyond parody .

US is an Banana Republic. These are beyond things laughed at in the 3rd world. Beyond parody.
We are primarily funded by readers. Please subscribe and donate to support us!
h/t BlueIce5