investmentwatchblog--2020-10-15--Twitter boss Jack Dorsey apologizes for blocking Biden Ukraine story ‘with zero context’ – but STILL

Twitter boss Jack Dorsey apologizes for blocking Biden Ukraine story ‘with zero context’ – but STILL doesn’t let users share it because it ‘contains private information like email addresses’ – as Trump threatens to remove Facebook and Twitter protections

• Twitter CEO Jack Dorsey apologized and called some of the company ’ s actions in banning the sharing of the New York Post article ‘ unacceptable ’ • He said there hadn ’ t been enough explanation as to why and that it was because ‘ personal information was shared ’ • He then reposted a series of posts from Twitter where the company claimed it blocked the story because it contains ‘ personal information ’ • The story contains screenshots where Hunter Biden ’ s old email address and that of Ukrainian businessman Vadym Pozharskyi are shown • @ @ @ @ @ @ @ the story until it is fact-checked • It won ’ t say though who is checking the story or why it thinks it ’ s incredible • Trump called their actions ‘ terrible ’ and threatened to remove protections which stops them from being liable for content shared on their platforms • The Team Trump campaign Twitter has been locked because it shared the article Twitter CEO Jack Dorsey on Wednesday night apologized for the lack of context or explanation around the social media giant ’ s decision to block a story about @ @ @ @ @ @ @ , but stood by the move despite being accused of censorship and election interference .
It came just an hour after President Donald Trump threatened to remove the US legal protections that exempts the likes of Twitter and Facebook from liability for the material users post on their networks .
Trump called for the law , known as Section 230 , to be repealed as he blasted the social media giants as ‘ terrible ’ for ‘ reducing circulation ’ of a New York Post article which published the claims about his rival @ @ @ @ @ @ @ say it demonstrates big tech ’ s bias towards the left , given the fact that many anti-Trump stories have been posted and shared online without intervention despite denials from the President or conservatives over the years .
Dorsey ’ s tweet that his company ’ s actions had been ‘ unacceptable ’ also came after it locked the personal account of White House Press Secretary Kayleigh McEnany for sharing information on the article earlier in the day .
In his apology , Dorsey said there had been a lack of communication surrounding @ @ @ @ @ @ @ unacceptable ’ but he stands by the decision to block it .
‘ Our communication around our actions on the NYPost article was not great .
And blocking URL sharing via tweet or DM with zero context as to why we ’ re blocking : unacceptable , ’ he said .
He then linked to a statement from the company that said it was restricting the link because ‘ personal and private information ’ had been shared in the story .
The Post story says that the former Vice President met with Ukrainian @ @ @ @ @ @ @ his son Hunter , months before Biden would pressure Ukrainian officials to fire a prosecutor who was investigating Pozharskyi ’ s firm .

Twitter CEO Jack Dorsey apologized and called some of the company’s actions in banning the sharing of the New York Post article ‘unacceptable’
He said there hadn’t been enough explanation as to why and that it was because ‘personal information was shared’
He then reposted a series of posts from Twitter where the company claimed it blocked the story because it contains ‘personal information’
The story contains screenshots where Hunter Biden’s old email address and that of Ukrainian businessman Vadym Pozharskyi are shown
Facebook says it has reduced distribution of the story until it is fact-checked
It won’t say though who is checking the story or why it thinks it’s incredible
Trump called their actions ‘terrible’ and threatened to remove protections which stops them from being liable for content shared on their platforms
The Team Trump campaign Twitter has been locked because it shared the article
Twitter CEO Jack Dorsey on Wednesday night apologized for the lack of context or explanation around the social media giant’s decision to block a story about Joe Biden and his dealings in Ukraine, but stood by the move despite being accused of censorship and election interference.
It came just an hour after President Donald Trump threatened to remove the US legal protections that exempts the likes of Twitter and Facebook from liability for the material users post on their networks.
Trump called for the law, known as Section 230, to be repealed as he blasted the social media giants as ‘terrible’ for ‘reducing circulation’ of a New York Post article which published the claims about his rival Biden earlier in the day.
Many say it demonstrates big tech’s bias towards the left, given the fact that many anti-Trump stories have been posted and shared online without intervention despite denials from the President or conservatives over the years.
Dorsey’s tweet that his company’s actions had been ‘unacceptable’ also came after it locked the personal account of White House Press Secretary Kayleigh McEnany for sharing information on the article earlier in the day.
We are primarily funded by readers. Please subscribe and donate to support us!
In his apology, Dorsey said there had been a lack of communication surrounding Twitter’s decision which was ‘unacceptable’ but he stands by the decision to block it.
‘Our communication around our actions on the NYPost article was not great. And blocking URL sharing via tweet or DM with zero context as to why we’re blocking: unacceptable,’ he said.
He then linked to a statement from the company that said it was restricting the link because ‘personal and private information’ had been shared in the story.
The Post story says that the former Vice President met with Ukrainian businessman Vadym Pozharskyi, as associate of his son Hunter, months before Biden would pressure Ukrainian officials to fire a prosecutor who was investigating Pozharskyi’s firm.
www.dailymail.co.uk/news/article-8840113/Facebook-squashes-New-York-Post-story-Joe-Biden-saying-needs-fact-checked.html


investmentwatchblog--2020-10-15--Joe Biden has one of the worst records in US History.

The Biden family has spent decades in Washington , DC enriching themselves by selling access to Joe Biden 's taxpayer @ @ @ @ @ is corrupt .
Jim Biden is corrupt .
Joe Biden is corrupt .

The Biden family has spent decades in Washington, DC enriching themselves by selling access to Joe Biden's taxpayer funded office.
Hunter Biden is corrupt. Jim Biden is corrupt. Joe Biden is corrupt.
MUST WATCH!!!pic.twitter.com/6Q9zFnimDa
— Donald Trump Jr. (@DonaldJTrumpJr) October 14, 2020


investmentwatchblog--2020-10-15--SICK! Joy Behar CHEERS Joe Biden’s Plan to Stonewall Voters Until they Vote for Him

Virginia Kruta from The Daily Caller reports , “ The View ” host Joy Behar said Monday that she saw @ @ @ @ @ nominee continuing to stonewall voters on the issue of packing the Supreme Court .

Virginia Kruta from The Daily Caller reports, “The View” host Joy Behar said Monday that she saw no problem with Democratic presidential nominee continuing to stonewall voters on the issue of packing the Supreme Court.
We are primarily funded by readers. Please subscribe and donate to support us!
Read More/Source/Credit/FairUse:
dailycaller.com/2020/10/12/jo…


investmentwatchblog--2020-10-15--California braces for renewed fire threat…  Power cut to thousands…

SAN FRANCISCO ( AP ) — Pacific Gas & Electric began turning off power to more than 50,000 Northern California customers Wednesday evening as dry , windy conditions renewed the threat of fire in a season already marked by deadly , devastating blazes .
The utility announced that it had begun cutting power to up to 33,000 customers , with about another 20,000 to follow in a few hours .
The shutoffs will affect portions of nearly two dozen counties , mostly in the Sierras and San Francisco Bay Area , and could last 48 hours .
( Bloomberg ) @ @ @ @ @ @ @ across California , raising the prospect of more wildfires in the tinder-dry state where a record 4 million acres have already burned this year .
The winds rushing out of the north and east will rake Northern California through Friday and likely spread into the southern half of the state through the weekend , the National Weather Service said .
The state ’ s largest utility , PG & E Corp. , started cutting power to about 53,000 customers in 24 counties in its latest effort to keep gusts from knocking down live @ @ @ @ @ @ @ , California ’ s grid operator called for energy conservation on Thursday in order to avoid rotating power outages amid a late autumn heat wave .
California has been plagued by wild weather all year : unprecedented heat , freak lighting storms , powerful gusts and a record-breaking wildfire season .
The more than 8,500 blazes this year have killed 31 people and destroyed more than 9,200 homes and businesses , according to the state ’ s fire agency .
Robot RS3 can battle flames too dangerous for humans… With its bright-yellow armored @ @ @ @ @ @ @ nose and water cannon , the Los Angeles Fire Department ’ s latest piece of equipment looks more like a Star Wars sidekick than a firefighting assistant .
But this mini robot tanker is an inferno buster that pack a powerful punch of water or foam and can go where firefighters otherwise can ’ t .
The LAFD on Tuesday became the first fire department in the nation to acquire the Robotics Systems 3 , a droid on steroids .
LAFD Chief Ralph Terrazas said firefighters put their lives on the line when @ @ @ @ @ @ @ LAFD crew members were severely injured when a fireball engulfed four downtown buildings after a massive explosion that was ignited by hazardous materials .
Now , firefighters can use RS3 as a safer alternative in battling potentially explosive blazes and it allows the department to get inside a burning building when humans could not dare enter safely .
“ I can afford to lose one of these wonderful machines , I can not afford to lose a firefighter , ” Terrazas said , admiring the control pad that remotely operates the firefighting drone @

California braces for renewed fire threat…
SAN FRANCISCO (AP) — Pacific Gas & Electric began turning off power to more than 50,000 Northern California customers Wednesday evening as dry, windy conditions renewed the threat of fire in a season already marked by deadly, devastating blazes.
The utility announced that it had begun cutting power to up to 33,000 customers, with about another 20,000 to follow in a few hours.
The shutoffs will affect portions of nearly two dozen counties, mostly in the Sierras and San Francisco Bay Area, and could last 48 hours.
Power cut to thousands…
(Bloomberg) — Hot and dry winds are sweeping across California, raising the prospect of more wildfires in the tinder-dry state where a record 4 million acres have already burned this year.
The winds rushing out of the north and east will rake Northern California through Friday and likely spread into the southern half of the state through the weekend, the National Weather Service said. The state’s largest utility, PG&E Corp., started cutting power to about 53,000 customers in 24 counties in its latest effort to keep gusts from knocking down live wires and igniting wildfires.
In addition, California’s grid operator called for energy conservation on Thursday in order to avoid rotating power outages amid a late autumn heat wave.
We are primarily funded by readers. Please subscribe and donate to support us!
California has been plagued by wild weather all year: unprecedented heat, freak lighting storms, powerful gusts and a record-breaking wildfire season. The more than 8,500 blazes this year have killed 31 people and destroyed more than 9,200 homes and businesses, according to the state’s fire agency.
Robot RS3 can battle flames too dangerous for humans…
With its bright-yellow armored body, grippy tank-like treads, plow nose and water cannon, the Los Angeles Fire Department’s latest piece of equipment looks more like a Star Wars sidekick than a firefighting assistant.
But this mini robot tanker is an inferno buster that pack a powerful punch of water or foam and can go where firefighters otherwise can’t. The LAFD on Tuesday became the first fire department in the nation to acquire the Robotics Systems 3, a droid on steroids.
LAFD Chief Ralph Terrazas said firefighters put their lives on the line when battling blazes. This year, 11 LAFD crew members were severely injured when a fireball engulfed four downtown buildings after a massive explosion that was ignited by hazardous materials.
Now, firefighters can use RS3 as a safer alternative in battling potentially explosive blazes and it allows the department to get inside a burning building when humans could not dare enter safely.
“I can afford to lose one of these wonderful machines, I cannot afford to lose a firefighter,” Terrazas said, admiring the control pad that remotely operates the firefighting drone.


investmentwatchblog--2020-10-15--Tucker Carlson Segment on Big Tech Censorship (Thank you, Tucker!)

Tucker : “ Soon we ’ re going to do a show where we just read the names of all @ @ @ @ @ a finger to save you from what you correctly described as this grave moment in @ @ @ @

Tucker Carlson & @esaagar Discuss The Future Of Big Tech Censorship
Tucker: “Soon we’re going to do a show where we just read the names of all the Republicans…who refused to lift a finger to save you from what you correctly described as this grave moment in American history.”
We are primarily funded by readers. Please subscribe and donate to support us!
Video…
Tucker Carlson & @esaagar Discuss The Future Of Big Tech Censorship Tucker: "Soon we're going to do a show where we just read the names of all the Republicans…who refused to lift a finger to save you from what you correctly described as this grave moment in American history." pic.twitter.com/wOzDeFEDWH — The Columbia Bugle 🇺🇸 (@ColumbiaBugle) October 15, 2020
h/t Mason Firefly


investmentwatchblog--2020-10-15--Smile! An Easy Index For Tracking Gold Prices

Here is an interesting index for tracking gold prices : M2 money supply .
Here is volatility surface for gold @ @ @ @ @ and put curves .
Can we go back to a gold-backed dollar ?

by confoundedinterest17
Here is an interesting index for tracking gold prices: M2 money supply.
(Volatility) smile!!
Here is volatility surface for gold
We are primarily funded by readers. Please subscribe and donate to support us!
And the 25 delta call and put curves.
Buy some gold calls?
Can we go back to a gold-backed dollar?


investmentwatchblog--2020-10-15--Joe Biden claims it’s unconstitutional to follow the Constitution, and he’s hiding from voters how h

Joe Biden claims it’s unconstitutional to follow the Constitution, and he’s hiding from voters how he’ll DESTROY it if elected

( Natural News ) Ever since it became apparent that Joe Biden was going to become the Democratic Party presidential nominee , two things have happened .
One , the ‘ mainstream media ’ stopped talking about the massive amounts of money and inappropriate foreign connections his son , Hunter Biden , made while dad was vice president under the most corrupt man we ’ ve ever elected to the Oval Office , Barack Obama .
And two , that Biden is a ‘ moderate.
’ The first thing is obvious : The mainstream media is the propaganda wing of @ @ @ @ @ @ @ they ’ re not going to continue reporting on Hunter ( and Joe ) Biden ’ s financial connections to foreign governments , even if one of those governments is Communist China , a near-peer competitor and potential future enemy , and even if that same government could use the financial ties as leverage over a President Biden .
The second isn ’ t so obvious — at least to many Americans because they don ’ t pay much attention to the political shenanigans in Washington .
Biden is no longer a ‘ @ @ @ @ @ @ @ one , because the Democratic Party is no longer pro-American and ‘ moderate.
’ The party has been hijacked by Bernie Sanders and AOC socialists and now resembles the political movements and ideologies that run crap-hole banana republics like Cuba and Venezuela .
The former VP and long-serving senator from Delaware is taking his marching orders from the hard-left wing of his party because he knows he needs them if he ’ s going to win .
He ’ ll already have Americans who vote “ D ” no matter what , but @ @ @ @ @ @ @ growing left-wing extremist faction , he ’ ll lose for sure .
So he ’ s planning on being their conduit to destroy our country from within , just like old Soviet leaders predicted would happen one day .
How ?
By disrespecting and disregarding the Constitution .
Once upon a time , Biden was against packing the Supreme Court with like-minded justices , for example .
He called it “ a bonehead idea ” in 1983 during a Senate Judiciary Committee hearing .
( Related : Cognitively impaired Biden refuses to release @ @ @ @ @ @ @ ) “ President Roosevelt clearly had the right to send to the United States Senate and the United States Congress a proposal to pack the court .
It was totally within his right to do that .
He violated no law .
He was legalistically , absolutely correct , ” Biden , then 40 , told the committee .
“ But it was a bonehead idea .
It was a terrible , terrible mistake to make .
And it put in question , if for an entire decade , the independence of the @ @ @ @ @ @ @ the Supreme Court of the United States of America.
” Biden doesn ’ t feel that way anymore , apparently , because now he ’ s actively entertaining the notion — because that ’ s what the hard-left ‘ progressives ’ who are really running his campaign want .
Joe Biden says , “ You ’ ll know my opinion on court-packing when the election is over.
” To this point , Biden hasn ’ t offered any position on court-packing , one of the gravest threats to the constitutional order in modern @ @ @ @ @ @ @ scared of offending a significant faction of his party or he believes it ’ s an idea worth considering , his silence is a reflection of a dangerous shift on the left .
Progressives , of course , have a point .
If the Supreme Court adheres to even the most rudimentary constitutional limits on state power , rather than surrendering to the impulses of majoritarian politics , it ’ s going to be a huge impediment to their agenda .
Indeed , they have the same motivation as President Franklin Roosevelt had @ @ @ @ @ @ @ in 1937 : One-party rule .
And let ’ s not ever forget that Biden is now refusing to tell us whether he will or won ’ t pack the court ( with left-wing judicial activists , turning the Judiciary into a super-legislature , something it was never intended to be ) .
By the way , this is in addition to the fact that he claims President Trump ’ s nomination of Judge Amy Coney Barrett to succeed the late Justice Ruth Bader Ginsburg — and the GOP-controlled Senate ’ s consideration @ @ @ @ @ @ @ ’ t just a train wreck of a presidential candidate .
He is a clear and present danger to the survival of our country as founded .

by: JD Heyes
(Natural News) Ever since it became apparent that Joe Biden was going to become the Democratic Party presidential nominee, two things have happened.
One, the ‘mainstream media’ stopped talking about the massive amounts of money and inappropriate foreign connections his son, Hunter Biden, made while dad was vice president under the most corrupt man we’ve ever elected to the Oval Office, Barack Obama.
And two, that Biden is a ‘moderate.’
The first thing is obvious: The mainstream media is the propaganda wing of the Democratic Party, so of course they’re not going to continue reporting on Hunter (and Joe) Biden’s financial connections to foreign governments, even if one of those governments is Communist China, a near-peer competitor and potential future enemy, and even if that same government could use the financial ties as leverage over a President Biden.
The second isn’t so obvious — at least to many Americans because they don’t pay much attention to the political shenanigans in Washington.
Biden is no longer a ‘moderate,’ if he ever was one, because the Democratic Party is no longer pro-American and ‘moderate.’ The party has been hijacked by Bernie Sanders and AOC socialists and now resembles the political movements and ideologies that run crap-hole banana republics like Cuba and Venezuela.
The former VP and long-serving senator from Delaware is taking his marching orders from the hard-left wing of his party because he knows he needs them if he’s going to win. He’ll already have Americans who vote “D” no matter what, but if he doesn’t placate the growing left-wing extremist faction, he’ll lose for sure.
So he’s planning on being their conduit to destroy our country from within, just like old Soviet leaders predicted would happen one day.
How? By disrespecting and disregarding the Constitution.
Once upon a time, Biden was against packing the Supreme Court with like-minded justices, for example. He called it “a bonehead idea” in 1983 during a Senate Judiciary Committee hearing. (Related: Cognitively impaired Biden refuses to release names of his Supreme Court nominees.)
“President Roosevelt clearly had the right to send to the United States Senate and the United States Congress a proposal to pack the court. It was totally within his right to do that. He violated no law. He was legalistically, absolutely correct,” Biden, then 40, told the committee. “But it was a bonehead idea. It was a terrible, terrible mistake to make. And it put in question, if for an entire decade, the independence of the most-significant body … in this country, the Supreme Court of the United States of America.”
We are primarily funded by readers. Please subscribe and donate to support us!
Biden doesn’t feel that way anymore, apparently, because now he’s actively entertaining the notion — because that’s what the hard-left ‘progressives’ who are really running his campaign want.
David Harsanyi at Real Clear Politics explains:
Joe Biden says, “You’ll know my opinion on court-packing when the election is over.” To this point, Biden hasn’t offered any position on court-packing, one of the gravest threats to the constitutional order in modern American history. Whether he is too scared of offending a significant faction of his party or he believes it’s an idea worth considering, his silence is a reflection of a dangerous shift on the left.
Progressives, of course, have a point. If the Supreme Court adheres to even the most rudimentary constitutional limits on state power, rather than surrendering to the impulses of majoritarian politics, it’s going to be a huge impediment to their agenda. Indeed, they have the same motivation as President Franklin Roosevelt had when he attempted to expand the Court in 1937: One-party rule.
And let’s not ever forget that Biden is now refusing to tell us whether he will or won’t pack the court (with left-wing judicial activists, turning the Judiciary into a super-legislature, something it was never intended to be).
By the way, this is in addition to the fact that he claims President Trump’s nomination of Judge Amy Coney Barrett to succeed the late Justice Ruth Bader Ginsburg — and the GOP-controlled Senate’s consideration of her — unconstitutional.
Biden isn’t just a train wreck of a presidential candidate. He is a clear and present danger to the survival of our country as founded.
Sources include:
RealClearPolitics.com
ZeroHedge.com
FoxNews.com
NaturalNews.com


investmentwatchblog--2020-10-15--How Amazon Makes Its Money

How Amazon Makes Its Money

With a market cap of $ 1.7 trillion , Amazon is the most valuable retailer in the world .
But the company has grown into more than just an online store .
Amazon is now the proud owner of multiple billion-dollar revenue streams—but what are these different business segments , and how much does each unit contribute to the company ’ s overall revenue mix ?
Here ’ s a look at Amazon ’ s different business segments , and how much each contributed to the company ’ s total revenue in 2019 ( which was a casual $ 281 @ @ @ @ @ @ @ the highest amount of revenue at 50.4 % , third-party seller services made up a significant portion as well , making up 19.2 % of the total .
Third-party selling has seen significant growth over the years—in 2018 , it accounted for 58 % of Amazon ’ s gross merchandise sales , which is a vast increase compared to 2000 , when it made up merely 3 % .
Amazon Web Services ( AWS ) is the third most important revenue stream , contributing 12.5 % to the overall mix .
However , @ @ @ @ @ @ @ total revenue in 2019 , AWS made up a large portion of Amazon ’ s operating income , making it the key to the company ’ s overall profitability .
> > To learn more , read our full article on How Big Tech Makes Their Billions .

by visualcapitalist
With a market cap of $1.7 trillion, Amazon is the most valuable retailer in the world. But the company has grown into more than just an online store.
Amazon is now the proud owner of multiple billion-dollar revenue streams—but what are these different business segments, and how much does each unit contribute to the company’s overall revenue mix?
Here’s a look at Amazon’s different business segments, and how much each contributed to the company’s total revenue in 2019 (which was a casual $281 billion):
We are primarily funded by readers. Please subscribe and donate to support us!
Business Segment Percent of Revenue (2019) Online stores 50.4% Third-party seller services 19.2% Amazon Web Services (AWS) 12.5% Subscription services 6.9% Physical stores 6.1% Other 5.0%
While online stores generated the highest amount of revenue at 50.4%, third-party seller services made up a significant portion as well, making up 19.2% of the total.
Third-party selling has seen significant growth over the years—in 2018, it accounted for 58% of Amazon’s gross merchandise sales, which is a vast increase compared to 2000, when it made up merely 3%.
Amazon Web Services (AWS) is the third most important revenue stream, contributing 12.5% to the overall mix. However, despite contributing a relatively small percentage to total revenue in 2019, AWS made up a large portion of Amazon’s operating income, making it the key to the company’s overall profitability.
>> To learn more, read our full article on How Big Tech Makes Their Billions.


investmentwatchblog--2020-10-15--Clinton Foundation charged w/ evading up to $2.5 billion in taxes. IRS COLLUSION. Case to proceed by

Clinton Foundation charged w/ evading up to $2.5 billion in taxes. IRS COLLUSION. Case to proceed by United States Tax Court!

And the hits just keep on coming !
Remember the Tea Party and the IRS ?
What about all those @ @ @ @ @ happened when they brought up Trump ’ s taxes again ) Fitton rolls Barr under @ @ @ @

And the hits just keep on coming!
Remember the Tea Party and the IRS?
What about all those appointed judges?
(This happened when they brought up Trump’s taxes again)
HUGE: Major whistleblower case against IRS Commissioner concerning Clinton Foundation corruption allowed to proceed by United States Tax Court! t.co/c2ZLGOtAp2 — Tom Fitton (@TomFitton) October 14, 2020
Clinton Foundation Whistleblower Complaint Can Proceed, Federal Judge Rules
www.theepochtimes.com/federal-judge-rules-whistleblower-case-against-clinton-foundation-can-proceed_3538607.html
We are primarily funded by readers. Please subscribe and donate to support us!
Fitton rolls Barr under the bus again!
Will AG Barr now investigate Biden? t.co/RFyZg8NaPG — Tom Fitton (@TomFitton) October 15, 2020
h/t McDonald Trump


investmentwatchblog--2020-10-15--BOMBSHELL: Newly declassified docs reveal Hillary Clinton plotted the “Russian collusion” hoax again

BOMBSHELL: Newly declassified docs reveal Hillary Clinton plotted the “Russian collusion” hoax against Trump while CIA’s Brennan briefed Obama about it

( Natural News ) The theory that the Obama administration , led by Barack Obama himself , plotted against the 2016 Trump campaign in part by fabricating the “ Russian collusion ” hoax is now officially no longer a theory — it ’ s a fact .
Documents declassified on Tuesday by Director of National Intelligence John Ratcliffe — “ at the direction of President Donald Trump ” — reveal that “ former CIA Director John Brennan briefed former President Obama on Hillary Clinton ’ s purported ‘ plan ’ to tie then-candidate Donald Trump to Russia as ‘ a @ @ @ @ @ @ @ use of a private email server ’ ahead of the 2016 presidential election , ” Fox News reported exclusively .
The DNI declassified Brennan ’ s handwritten notes , which were made after he told Obama about the intelligence his agency had discovered , as well as a CIA memo revealing that officials with the spy agency then referred the matter to the FBI , which was run by another Trump hater at the time , James Comey .
Fox News reported that Ratcliffe declassified the documents to the House and Senate Intelligence @ @ @ @ @ @ @ at the direction of President Trump , I declassified additional documents relevant to ongoing Congressional oversight and investigative activities , ” Ratcliffe , a former federal prosecutor and U.S. representative from Texas before Trump tapped him for his post earlier this year , told the network .
Sources told the outlet that Brennan crafted his notes after meeting with Obama and bringing him up to speed on Trump ’ s then-Democratic rival ( and former secretary of state for Obama ) .
“ We ’ re getting additional insight into Russian activities from @ @ @ @ @ @ @ ’ s notes .
“ CITE [ summarizing ] alleged approved by Hillary Clinton a proposal from one of her foreign policy advisers to vilify Donald Trump by stirring up a scandal claiming interference by the Russian security service , ” Brennan ’ s notes continued .
The notes say “ on 28 of July.
” And in the margin , the former CIA director and vehement Trump critic wrote “ POTUS , ” but that section is redacted .
The remainder of Brennan ’ s notes have also been redacted , but @ @ @ @ @ @ @ including “ JC , ” “ Denis , ” and “ Susan.
” Brennan did not spell out full names but he could have been referring to James Comey ( JC ) ; Susan Rice , Obama ’ s national security adviser ; and Denis McDonough , Obama ’ s chief of staff .
The declassification comes after Ratcliffe , last week , shared newly-declassified information with the Senate Judiciary Committee which revealed that in September 2016 , U.S. intelligence officials forwarded an investigative referral on Hillary Clinton purportedly approving “ a plan @ @ @ @ @ @ @ Russian hackers hampering U.S. elections ” in order to distract the public from her email scandal .
That referral was sent to Comey and then-Deputy Assistant Director of Counterintelligence Peter Strzok .
“ The following information is provided for the exclusive use of your bureau for background investigative action or lead purposes as appropriate , ” the CIA ’ s memo to both men said .
“ This memorandum contains sensitive information that could be source revealing .
It should be handled with particular attention to compartmentation and need-to-know .
To avoid the @ @ @ @ @ @ @ investigative action taken in response to the information below should be coordinated in advance with Chief Counterintelligence Mission Center , Legal , ” the memo read .
“ It may not be used in any legal proceeding—including FISA applications—without prior approval… ” “ Per FBI verbal request , CIA provides the below examples of information the CROSSFIRE HURRICANE fusion cell has gleaned to date , ” the memo continues .
“ An exchange [ REDACTED ] discussing US presidential candidate Hillary Clinton ’ s approval of a plan concerning US presidential candidate Donald @ @ @ @ @ @ @ as a means of distracting the public from her use of a private email server.
” The memo is also heavily redacted .
Naturally , a spokesman for Clinton disparaged both the intelligence and the Trump administration .
But , no doubt expecting such pushback , Ratcliffe clarified he wasn ’ t pushing Russian disinformation but rather a CIA determination of Russian actions .
“ To be clear , this is not Russian disinformation and has not been assessed as such by the Intelligence Community , ” Ratcliffe told Fox News .
“ @ @ @ @ @ @ @ the sensitive sources and methods by which it was obtained in the coming days.
” A separate source told the network : “ This is not Russian disinformation .
Even Brennan knew , or he wouldn ’ t be briefing the president of the United States on it .
There is a high threshold to orally brief the president of the United States and he clearly felt this met that threshold.
” Last week during testimony before the Senate Judiciary Committee , Comey claimed in questioning from Chairman Lindsey Graham ( R-S.C. ) @ @ @ @ @ @ @ CIA ’ s briefing memo regarding Clinton ’ s plot ( and remember , it was Comey who let Clinton off the hook for her mishandling of classified emails ) .
“ You don ’ t remember getting an investigatory lead from the intelligence community ?
Sept. 7 , 2016 , U.S. intelligence officials forwarded an investigative referral to James Comey and Strzok regarding Clinton ’ s approval of a plan [ about ] Trump…as a means of distraction ?
” Graham asked .
“ That ’ s a pretty stunning thing that @ @ @ @ @ @ @ , ” Graham shot back .
“ You get this inquiry from the intelligence community to look at the Clinton campaign trying to create a distraction , accusing Trump of being a Russian agent or a Russian stooge.
” House Intelligence Committee Ranking Member Devin Nunes ( R-Calif. ) who has been all over this from the outset , called the impending revelations “ smoking guns ” on Sunday .
“ The documents that are underlying that we now have seen , I have only seen a few of those – they ’ @ @ @ @ @ @ @ on “ Sunday Morning Futures ” this week .
“ That information definitely needs to be made available to the American public .
“ This has been a very difficult task for us to get to the bottom of , because you have corrupt officials , ” he added .
Now , the bigger question is this : Will Hillary Clinton , James Comey , John Brennan and , yes , even the god king Barack Obama , be brought up on sedition charges ?

by: JD Heyes
(Natural News) The theory that the Obama administration, led by Barack Obama himself, plotted against the 2016 Trump campaign in part by fabricating the “Russian collusion” hoax is now officially no longer a theory — it’s a fact.
Documents declassified on Tuesday by Director of National Intelligence John Ratcliffe — “at the direction of President Donald Trump” — reveal that “former CIA Director John Brennan briefed former President Obama on Hillary Clinton’s purported ‘plan’ to tie then-candidate Donald Trump to Russia as ‘a means of distracting the public from her use of a private email server’ ahead of the 2016 presidential election,” Fox News reported exclusively.
The DNI declassified Brennan’s handwritten notes, which were made after he told Obama about the intelligence his agency had discovered, as well as a CIA memo revealing that officials with the spy agency then referred the matter to the FBI, which was run by another Trump hater at the time, James Comey.
Fox News reported that Ratcliffe declassified the documents to the House and Senate Intelligence Committees on Tuesday.
“Today, at the direction of President Trump, I declassified additional documents relevant to ongoing Congressional oversight and investigative activities,” Ratcliffe, a former federal prosecutor and U.S. representative from Texas before Trump tapped him for his post earlier this year, told the network.
Sources told the outlet that Brennan crafted his notes after meeting with Obama and bringing him up to speed on Trump’s then-Democratic rival (and former secretary of state for Obama).
“We’re getting additional insight into Russian activities from [REDACTED],” said Brennan’s notes.
“CITE [summarizing] alleged approved by Hillary Clinton a proposal from one of her foreign policy advisers to vilify Donald Trump by stirring up a scandal claiming interference by the Russian security service,” Brennan’s notes continued.
The notes say “on 28 of July.” And in the margin, the former CIA director and vehement Trump critic wrote “POTUS,” but that section is redacted.
The remainder of Brennan’s notes have also been redacted, but there is more in the margins, including “JC,” “Denis,” and “Susan.”
Brennan did not spell out full names but he could have been referring to James Comey (JC); Susan Rice, Obama’s national security adviser; and Denis McDonough, Obama’s chief of staff.
Fox News adds:
The declassification comes after Ratcliffe, last week, shared newly-declassified information with the Senate Judiciary Committee which revealed that in September 2016, U.S. intelligence officials forwarded an investigative referral on Hillary Clinton purportedly approving “a plan concerning U.S. presidential candidate Donald Trump and Russian hackers hampering U.S. elections” in order to distract the public from her email scandal.
That referral was sent to Comey and then-Deputy Assistant Director of Counterintelligence Peter Strzok.
“The following information is provided for the exclusive use of your bureau for background investigative action or lead purposes as appropriate,” the CIA’s memo to both men said.
“This memorandum contains sensitive information that could be source revealing. It should be handled with particular attention to compartmentation and need-to-know. To avoid the possible compromise of the source, any investigative action taken in response to the information below should be coordinated in advance with Chief Counterintelligence Mission Center, Legal,” the memo read. “It may not be used in any legal proceeding—including FISA applications—without prior approval…”
“Per FBI verbal request, CIA provides the below examples of information the CROSSFIRE HURRICANE fusion cell has gleaned to date,” the memo continues. “An exchange [REDACTED] discussing US presidential candidate Hillary Clinton’s approval of a plan concerning US presidential candidate Donald Trump and Russian hackers hampering US elections as a means of distracting the public from her use of a private email server.”
We are primarily funded by readers. Please subscribe and donate to support us!
The memo is also heavily redacted.
Naturally, a spokesman for Clinton disparaged both the intelligence and the Trump administration.
But, no doubt expecting such pushback, Ratcliffe clarified he wasn’t pushing Russian disinformation but rather a CIA determination of Russian actions.
“To be clear, this is not Russian disinformation and has not been assessed as such by the Intelligence Community,” Ratcliffe told Fox News. “I’ll be briefing Congress on the sensitive sources and methods by which it was obtained in the coming days.”
A separate source told the network: “This is not Russian disinformation. Even Brennan knew, or he wouldn’t be briefing the president of the United States on it. There is a high threshold to orally brief the president of the United States and he clearly felt this met that threshold.”
Last week during testimony before the Senate Judiciary Committee, Comey claimed in questioning from Chairman Lindsey Graham (R-S.C.) that he didn’t remember the CIA’s briefing memo regarding Clinton’s plot (and remember, it was Comey who let Clinton off the hook for her mishandling of classified emails).
“You don’t remember getting an investigatory lead from the intelligence community? Sept. 7, 2016, U.S. intelligence officials forwarded an investigative referral to James Comey and Strzok regarding Clinton’s approval of a plan [about] Trump…as a means of distraction?” Graham asked.
“That doesn’t ring any bells with me,” Comey claimed.
Yeah, right.
“That’s a pretty stunning thing that it doesn’t ring a bell,” Graham shot back. “You get this inquiry from the intelligence community to look at the Clinton campaign trying to create a distraction, accusing Trump of being a Russian agent or a Russian stooge.”
House Intelligence Committee Ranking Member Devin Nunes (R-Calif.) who has been all over this from the outset, called the impending revelations “smoking guns” on Sunday.
“The documents that are underlying that we now have seen, I have only seen a few of those – they’re smoking guns,” Nunes said on “Sunday Morning Futures” this week. “That information definitely needs to be made available to the American public.
“This has been a very difficult task for us to get to the bottom of, because you have corrupt officials,” he added.
Now, the bigger question is this: Will Hillary Clinton, James Comey, John Brennan and, yes, even the god king Barack Obama, be brought up on sedition charges?
Sources include:
FoxNews.com
NaturalNews.com


investmentwatchblog--2020-10-15--Bank of Canada openly advocating for a central digital currency!

“ Pandemic accelerates need to consider digital currency : Bank of Canada ” The COVID-19 pandemic is accelerating the public @ @ @ @ @ services and that means the Bank of Canada must move more quickly to research how @ @ @ @ @ would work , a top official said on Wednesday .
A digital currency would act @ @ @ @ @ by avoiding a need to use a payment card for online purchases .
The Bank @ @ @ @ @ on its own digital currency should others become widely used in Canada and erode the @ @ @ @ @ to manage monetary policy , but earlier this year officials believed they had a long @ @ @ @ @ the Canadian dollar wasn ’ t used for most transactions .
The work builds on @ @ @ @ @ the growth of volatile digital currencies like Bitcoin and stablecoins that maintain a stable value @ @ @ @ @ .
Among the new batch of stablecoins getting attention is Facebook ’ s Libra , @ @ @ @ @ address during a panel appearance Thursday .
Never let a crisis go to waste…

“Pandemic accelerates need to consider digital currency: Bank of Canada”
The COVID-19 pandemic is accelerating the public’s use of online services and that means the Bank of Canada must move more quickly to research how a central bank digital product would work, a top official said on Wednesday.
A digital currency would act like cash and streamline transactions by avoiding a need to use a payment card for online purchases.
The Bank of Canada has started work on its own digital currency should others become widely used in Canada and erode the central bank’s ability to manage monetary policy, but earlier this year officials believed they had a long timeline to create one before the Canadian dollar wasn’t used for most transactions.
We are primarily funded by readers. Please subscribe and donate to support us!
The work builds on six-plus years of research into the growth of volatile digital currencies like Bitcoin and stablecoins that maintain a stable value, as the name implies. Among the new batch of stablecoins getting attention is Facebook’s Libra, which Lane is scheduled to address during a panel appearance Thursday.
Never let a crisis go to waste…
www.ctvnews.ca/business/boc-deputy-pandemic-means-central-banks-must-move-faster-on-digital-currency-plans-1.5144940


investmentwatchblog--2020-10-15--“Temporary” Layoffs Turning Into Permanent Job Losses

When governments across the US forced businesses to close down in response to the coronavirus pandemic , everybody assumed the layoffs would be temporary .
Despite the huge surge in unemployment , the expectation was people would quickly return to work once the crisis passed and the economy opened up again .
But as the pandemic stretches into its eighth month , millions of Americans remain out of work and economists say many of those “ temporary ” job losses have become permanent .
Millions of Americans have returned to work as expected .
The unemployment rate has nearly halved @ @ @ @ @ @ @ nearly 13 million Americans remain out of work .
That ’ s about 7 million more than pre-pandemic levels .
According to the Bureau of Labor Statistics , the number of job losses categorized as permanent grew by 345,000 to 3.8 million people in September .
In other words , nearly 4 million unemployed Americans have no prospects of returning to work .
The number of long-term unemployed – people out of work for a period exceeding six months – has ballooned .
According to the Bureau of Labor Statistics , around 2.4 @ @ @ @ @ @ @ or more in September , up 781,000 from the previous month .
The last time we saw this kind of jump in long-term unemployment was during the Great Recession .
Economists crunching the numbers say the trend shows that some layoffs once thought temporary have become permanent .
To make matters worse , companies have begun initiating layoffs on a trajectory similar to a traditional recession , according to an article published by CNBC Meanwhile , months since the lockdowns were generally lifted , hundreds of thousands of Americans continue to apply for @ @ @ @ @ @ @ .
Last week , more than 800,000 people filed first-time unemployment claims .
That compares with 188,000 first time claims during the same period in 2019 .
And tens of thousands of people will get pink slips in the coming weeks as the long-term economic damage caused by government lockdowns in response to the coronavirus pandemic begin to ripple through the economy .
Regal Cinemas closed all of its locations last week with no timetable for reopening .
Disney announced it would lay off 28,000 workers .
US airlines are shedding jobs at @ @ @ @ @ @ @ podcast , Peter Schiff said he thinks a lot of the people who have gone back to work in recent weeks will eventually find themselves in the unemployment line again .
I think a lot of these people who have been recalled , who have come back to work , I think ultimately their employers are going to realize , after the fact , that they don ’ t really need a lot of these workers , and a lot of these workers are going to be re-fired .
Except next time it @ @ @ @ @ @ @ temporary.
” There is also the looming prospect of more corporate bankruptcies and business closures , putting more pressure on the jobs market .
Large company bankruptcies have already surged to a level not seen since 2010 and more than 420,000 small businesses have closed their doors permanently since the beginning of the pandemic .
That represents a staggering 7.1 % of all small businesses .
Brookings estimates that the US economy has lost some 4 million jobs in the small business sector “ that will only return with the creation of new @ @ @ @ @ @ @ jobs market dovetails with our report last month that suggested lockdowns may have permanently scarred the labor market and there are signs of deep wounds that won ’ t quickly heal .
In a nutshell , a lot of people will likely never return to work .
And as Peter Schiff said in a recent interview on RT , it doesn ’ t appear to matter what letter you stick in front of the word “ recovery.
” I don ’ t care what letter you want to use to describe it .
@ @ @ @ @ @ @ .
Because I don ’ t think we ’ ve recovered at all .
Sure , there has been a recovery in the stock market in that the market recovered what it lost in the early days of COVID .
And yes , this recession that we ’ re currently in began with a very substantial collapse .
And yes , there ’ s been a bit of a bounce off of that collapse .
But we ’ re still in recession .
So , I don ’ t know if recovering to @ @ @ @ @ @ @ were in at one point really qualifies as a recovery .
”

Via SchiffGold.com,
When governments across the US forced businesses to close down in response to the coronavirus pandemic, everybody assumed the layoffs would be temporary. Despite the huge surge in unemployment, the expectation was people would quickly return to work once the crisis passed and the economy opened up again. But as the pandemic stretches into its eighth month, millions of Americans remain out of work and economists say many of those “temporary” job losses have become permanent.
Millions of Americans have returned to work as expected. The unemployment rate has nearly halved to 7.9% since April. But nearly 13 million Americans remain out of work. That’s about 7 million more than pre-pandemic levels.
According to the Bureau of Labor Statistics, the number of job losses categorized as permanent grew by 345,000 to 3.8 million people in September. In other words, nearly 4 million unemployed Americans have no prospects of returning to work.
The number of long-term unemployed – people out of work for a period exceeding six months – has ballooned. According to the Bureau of Labor Statistics, around 2.4 million Americans were unemployed for 27 weeks or more in September, up 781,000 from the previous month. The last time we saw this kind of jump in long-term unemployment was during the Great Recession.
Economists crunching the numbers say the trend shows that some layoffs once thought temporary have become permanent. To make matters worse, companies have begun initiating layoffs on a trajectory similar to a traditional recession, according to an article published by CNBC
We are primarily funded by readers. Please subscribe and donate to support us!
Meanwhile, months since the lockdowns were generally lifted, hundreds of thousands of Americans continue to apply for unemployment for the first time every week. Last week, more than 800,000 people filed first-time unemployment claims. That compares with 188,000 first time claims during the same period in 2019.
And tens of thousands of people will get pink slips in the coming weeks as the long-term economic damage caused by government lockdowns in response to the coronavirus pandemic begin to ripple through the economy. Regal Cinemas closed all of its locations last week with no timetable for reopening. Disney announced it would lay off 28,000 workers. US airlines are shedding jobs at a dizzying pace.
“We’re still at a high level of layoffs in the economy,” Susan Houseman, VP and research director at the W.E. Upjohn Institute for Employment Research, told CNBC. “The new job losses will, by and large, be perceived as permanent.”
In a recent podcast, Peter Schiff said he thinks a lot of the people who have gone back to work in recent weeks will eventually find themselves in the unemployment line again.
I think a lot of these people who have been recalled, who have come back to work, I think ultimately their employers are going to realize, after the fact, that they don’t really need a lot of these workers, and a lot of these workers are going to be re-fired. Except next time it is going to be permanent, not temporary.”
There is also the looming prospect of more corporate bankruptcies and business closures, putting more pressure on the jobs market. Large company bankruptcies have already surged to a level not seen since 2010 and more than 420,000 small businesses have closed their doors permanently since the beginning of the pandemic. That represents a staggering 7.1% of all small businesses. Brookings estimates that the US economy has lost some 4 million jobs in the small business sector “that will only return with the creation of new businesses.”
The current state of the jobs market dovetails with our report last month that suggested lockdowns may have permanently scarred the labor market and there are signs of deep wounds that won’t quickly heal. In a nutshell, a lot of people will likely never return to work.
And as Peter Schiff said in a recent interview on RT, it doesn’t appear to matter what letter you stick in front of the word “recovery.”
I don’t care what letter you want to use to describe it. My problem is with the word recovery. Because I don’t think we’ve recovered at all. Sure, there has been a recovery in the stock market in that the market recovered what it lost in the early days of COVID. And yes, this recession that we’re currently in began with a very substantial collapse. And yes, there’s been a bit of a bounce off of that collapse. But we’re still in recession. So, I don’t know if recovering to being in a less-severe recession than we were in at one point really qualifies as a recovery.”


investmentwatchblog--2020-10-15--Twitter Only Suspends Republican Accts. Look What is Allowed Against Trump

But this bullshit is spread on Twitter !
?
!
?
!
?
Eric Trump bragged about Russian money flooding @ @ @ @ @ golf course empire .
But we ’ re they really pro-Russia Ukrainians ?

But this bullshit is spread on Twitter!?!?!?
Eric Trump bragged about Russian money flooding the family’s struggling golf course empire.
But we’re they really pro-Russia Ukrainians?
We are primarily funded by readers. Please subscribe and donate to support us!
#EricTrumpsUkraineScandal
Eric Trump bragged about Russian money flooding the family's struggling golf course empire. But we're they really pro-Russia Ukrainians?#EricTrumpsUkraineScandal t.co/MPuS9JJcK7 — Grant Stern (@grantstern) October 15, 2020
Twitter has locked Trump’s election campaign account
*TRUMP CAMPAIGN: TWITTER ACCOUNT LOCKED FOR VIDEO BREAKING RULES — *Walter Bloomberg (@DeItaone) October 15, 2020
Twitter Deletes Video In Trump’s Pinned Tweet!
Latest NY Post bombshell is stunning. Easy to connect the dots. Hunter Biden is entirely compromised by China, and it appears Joe Biden was getting kickbacks on the deals. Dem candidate for POTUS may have recently been on Chinese Communist Party payroll. t.co/XDf8IrHgTY — Jordan Schachtel (@JordanSchachtel) October 15, 2020
Giuliani claims to have a text from Hunter Biden to Hunter’s daughter Naomi in which Hunter claims that “Pop”—a family nickname for Joe Biden—forced Hunter and other family members to give Joe half their salaries from their various business deals. t.co/cMZGQ5PAkU — Sean Davis (@seanmdav) October 15, 2020
Twitter is now censoring the government webpage for the Republican House Judiciary Committee. pic.twitter.com/eN70C0uPju — Ian Miles Cheong (@stillgray) October 15, 2020
h/t KPM


investmentwatchblog--2020-10-15--If the President and the republican can’t win the election with this bombshell, there is no hope. It

If the President and the republican can’t win the election with this bombshell, there is no hope. It is payback time.

This is what Republicans must use to win the election .
If they can not get the maximum effect of @ @ @ @ @ loose a opportunity , a real october surprise .
After Russia hoax and impeachmeant .
@ @ @ @ @ back hard at the corrupt democratic party .
If the cant use it , they @ @ @ @ @ the White House .
This is so harmful information about corrupt Biden family .
Do @ @ @ @ @ .

This is what Republicans must use to win the election. If they can not get the maximum effect of this criminal story they will loose a opportunity, a real october surprise.
After Russia hoax and impeachmeant. It is time to hit back hard at the corrupt democratic party. If the cant use it, they are not worthy to occupy the White House.
This is so harmful information about corrupt Biden family.
Do not blow it Mr Trump….
We are primarily funded by readers. Please subscribe and donate to support us!
h/t Limpan


investmentwatchblog--2020-10-15--L.A. County Transfers up to $14 Million from Cops to Illegal Migrants

Well this certainly explains a lot… Somebody posted up a video of a man filming what has happened to Venice @ @ @ @ @ of police support cleaning up the tent cities… In fact tent cities are all over @ @ @ @ @ ?
More Migrants means more tent cities and the lack of policing… The October 12 @ @ @ @ @ board is intended to settle a lawsuit by multiple pro-migration groups , and it is @ @ @ @ @ to other cities and counties .
The $ 14 million payout will go to people @ @ @ @ @ — who were detained by local cops to help deportations by Immigration and Customs Enforcement @ @ @ @ @ and 2014 .
The payouts will range from $ 250 to 425,000 , with an @ @ @ @ @ 700 .
Many of the migrants were successfully deported and may not learn about their @ @ @

Well this certainly explains a lot…
Somebody posted up a video of a man filming what has happened to Venice beach, and the lack of police support cleaning up the tent cities…
In fact tent cities are all over California, right???
More Migrants means more tent cities and the lack of policing…
Good job California!!!
We are primarily funded by readers. Please subscribe and donate to support us!
The October 12 vote by the five-member county board is intended to settle a lawsuit by multiple pro-migration groups, and it is being portrayed as a warning to other cities and counties.
The $14 million payout will go to people – nearly all illegal migrants — who were detained by local cops to help deportations by Immigration and Customs Enforcement {ICE} between 2010 and 2014. The payouts will range from $250 to 425,000, with an average payment of roughly $700. Many of the migrants were successfully deported and may not learn about their promised windfall.
www.breitbart.com/economy/2020/10/14/l-a-county-transfers-up-to-14-million-from-cops-to-illegal-migrants/
California's poverty rate is worse than Alabama & Mississippi, says Census Bureau. The major cause of this huge change is immigration policy which spikes housing costs & shrinks wages — and delivers huge gains for investors in real-estate & corp. shares. t.co/mEjCP83Hkr — Neil Munro (@NeilMunroDC) September 13, 2019
h/t COVID19


investmentwatchblog--2020-10-15--Euro Weakness Here Could Spell Trouble For Gold & Silver Bulls-

The Euro is facing one of the most important price tests in the past 20-years , and what it does here , should have a large influence on the price of Gold and Silver weeks from now !
This chart looks at the Euro on a monthly basis , since the late 1990s .
Line ( 1 ) , which is the 1.20 level , has come into play numerous times as both support and resistance .
Since 2008 , the Euro has been consistent about creating a series of lower highs and lower lows .
The Euro created a @ @ @ @ @ @ @ Metals have done VERY well , once the Euro created a triple bottom from 2015 to 2016 .
The rally from the 2020 lows , has the Euro testing line ( 1 ) and the falling channel at ( 2 ) .
Last month the Euro looks to have created a bearish reversal pattern , just under resistance .
Should the Euro turn weak and break support at ( 3 ) , after kissing the underside of 20-year resistance at ( 2 ) , odds favor that metals will struggle to move higher @ @ @ @ @ @ @ unusually high attention to what the Euro does in the next couple of months .
For sure weakness at ( 3 ) would be negative for metals .
Do keep this in mind , should the Euro accomplish a dual breakout at ( 2 ) , the Euro would send a rare and long-awaited bullish message to Gold & Silver !

by Kimble Charting
The Euro is facing one of the most important price tests in the past 20-years, and what it does here, should have a large influence on the price of Gold and Silver weeks from now!
This chart looks at the Euro on a monthly basis, since the late 1990s. Line (1), which is the 1.20 level, has come into play numerous times as both support and resistance.
Since 2008, the Euro has been consistent about creating a series of lower highs and lower lows.
The Euro created a triple bottom from 2015 to 2016. Metals have done VERY well, once the Euro created a triple bottom from 2015 to 2016.
We are primarily funded by readers. Please subscribe and donate to support us!
The rally from the 2020 lows, has the Euro testing line (1) and the falling channel at (2). Last month the Euro looks to have created a bearish reversal pattern, just under resistance.
Should the Euro turn weak and break support at (3), after kissing the underside of 20-year resistance at (2), odds favor that metals will struggle to move higher.
Gold and Silver bulls should pay unusually high attention to what the Euro does in the next couple of months. For sure weakness at (3) would be negative for metals.
Do keep this in mind, should the Euro accomplish a dual breakout at (2), the Euro would send a rare and long-awaited bullish message to Gold & Silver!


investmentwatchblog--2020-10-15--Bank of America 2020 3Q earnings

Bank of America 2020 3Q earnings

• Interest-driven income is down ( -17 % ) , as is non-interest income ( -4 % ) Report says non-interest income is a mixed bag from contributing revenue streams .
Consumer fees are down , but results of trading and investment banking are up .
Business loan and lease balances are up ( +3 % ) , as are deposits ( +23 % ) .
Business/loans leases balances are at $ 950B , while consumer balances are at $ 1.7T .
CET1 value is at $ 173.2B ( ratio of 11.9 % vs. required 9.5 % ) .
• @ @ @ @ @ @ @ sectors that I was interested in ( consumer and commercial banking , investment banking and wealth management ) .
I suppose this would be expected from a ‘ smaller ’ bank .
• Marginally less of BoA ’ s total revenue comes from consumer banking ( 40 % ) compared to JPM ( 42 % ) .
This was actually contrary to the heuristic I had previously used .
I want to do some more reading before commenting on the state of commercial and investment banking , wealth management , and other revenue @ @ @ @ @ @ @ use some slightly different terminology ( e.g .
I think BoA ’ s “ global banking ” is synonymous with JPM ’ s “ commercial banking ” , but I want to do some more research to make sure ) .
The bank seems okay , but not as well positioned as JPM .
They seem to have a healthy balance sheet , maintain diversified revenue streams , and deposits seem to show continued consumer confidence in them .
Disclaimer : This information is only for educational purposes .
Do not make any @ @ @ @ @ @ @ this article .
Do you own due diligence or consult your financial professional before making any investment decision .

Report
Highlights:
Net income: $4.9B (+40% from Q2, -15% YOY), net revenue: $20.3B (-9% from Q2, -11% YOY)
Actual earnings/share: $0.51 (beats analysts est. $0.44)
Interest-driven income is down (-17%), as is non-interest income (-4%)
Report says non-interest income is a mixed bag from contributing revenue streams. Consumer fees are down, but results of trading and investment banking are up.
Business loan and lease balances are up (+3%), as are deposits (+23%). Business/loans leases balances are at $950B, while consumer balances are at $1.7T.
CET1 value is at $173.2B (ratio of 11.9% vs. required 9.5%).
We are primarily funded by readers. Please subscribe and donate to support us!
Other thoughts:
BoA derives less nominal income from all sectors that I was interested in (consumer and commercial banking, investment banking and wealth management). I suppose this would be expected from a ‘smaller’ bank.
Marginally less of BoA’s total revenue comes from consumer banking (40%) compared to JPM (42%). This was actually contrary to the heuristic I had previously used.
I want to do some more reading before commenting on the state of commercial and investment banking, wealth management, and other revenue streams beyond their self-provided highlights. They use some slightly different terminology (e.g. I think BoA’s “global banking” is synonymous with JPM’s “commercial banking”, but I want to do some more research to make sure).
The bank seems okay, but not as well positioned as JPM. They seem to have a healthy balance sheet, maintain diversified revenue streams, and deposits seem to show continued consumer confidence in them.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.
h/t ToastedMayonnaise


investmentwatchblog--2020-10-15--Not good: More than half of small business never came back, U.S. economy faces a long and uncertain

Not good: More than half of small business never came back, U.S. economy faces a long and uncertain road to regaining its pre-pandemic strength

MORE THAN HALF OF SMALL BUSINESS NEVER CAME BACK pic.twitter.com/grZ0XEKQlg Fed Vice Chairman Richard Clarida says the U.S. economy faces @ @ @ @ @ to regaining its pre-pandemic strength t.co/Bzq44WygsJ

MORE THAN HALF OF SMALL BUSINESS NEVER CAME BACK pic.twitter.com/grZ0XEKQlg
Fed Vice Chairman Richard Clarida says the U.S. economy faces a long and uncertain road to regaining its pre-pandemic strength t.co/Bzq44WygsJ
— Win Smart, CFA (@WinfieldSmart) October 14, 2020


investmentwatchblog--2020-10-15--Tax Burden Equal to 70% Rate Crushes Americans Unable to Pay It…  Half Workers Made Less Than $34,24

Tax Burden Equal to 70% Rate Crushes Americans Unable to Pay It…  Half Workers Made Less Than $34,248.45 Last Year…  8 Million Slip Into Poverty

( Bloomberg ) — Millions of low-income Americans are locked into poverty thanks to U.S. tax policy , Federal Reserve Bank of Atlanta researchers say .
About a quarter of lower-income workers effectively face marginal tax rates of more than 70 % when adjusted for the loss of government benefits , a study led by Atlanta Fed Research Director David Altig found .
That means for every $ 1,000 gained in incom Half Workers Made Less Than $ 34,248.45 Last Year… If you are making less than $ 3,000 a month , you have plenty of company , because about @ @ @ @ @ @ @ exact same boat .
The Social Security Administration just released new wage statistics for 2019 , and they are pretty startling .
To me , the most alarming thing in the entire report is the fact that the median yearly wage was just $ 34,248.45 last year .
In other words , half of all American workers made less than $ 34,248.45 in 2019 , and half of all American workers made more than $ 34,248.45 .
That isn ’ t a whole lot of money .
In fact , when you divide @ @ @ @ @ @ @ $ 2,854.05 .
Needless to say , it is not easy to survive in America today on just $ 2,854.05 a month , and this may help to explain why we have been seeing so many people fall out of the middle class in recent years .
And of course all of the figures that I am sharing with you in this article are just for 2019 .
This year , we have seen more than 63 million Americans file new claims for unemployment benefits as the U.S. economy has imploded during this @ @ @ @ @ @ @ numbers for 2020 could be quite a bit worse than the numbers for 2019 were .
Please keep that in mind as you go through the rest of this article .
Once upon a time in America , a single income could easily support a middle class household in most cases , but those days are long gone .
• First-time filings for jobless claims last week hit 898,000 , above the Wall Street estimate of 830,000 .
• That was the highest level since Aug. 22 and a sign of the ongoing @ @ @ @ @ @ @ Continuing claims again fell sharply , dropping to just over 10 million

Tax Burden Equal to 70% Rate Crushes Americans Unable to Pay It…
(Bloomberg) — Millions of low-income Americans are locked into poverty thanks to U.S. tax policy, Federal Reserve Bank of Atlanta researchers say. About a quarter of lower-income workers effectively face marginal tax rates of more than 70% when adjusted for the loss of government benefits, a study led by Atlanta Fed Research Director David Altig found. That means for every $1,000 gained in incom
Half Workers Made Less Than $34,248.45 Last Year…
If you are making less than $3,000 a month, you have plenty of company, because about half of the country is in the exact same boat. The Social Security Administration just released new wage statistics for 2019, and they are pretty startling. To me, the most alarming thing in the entire report is the fact that the median yearly wage was just $34,248.45 last year. In other words, half of all American workers made less than $34,248.45 in 2019, and half of all American workers made more than $34,248.45. That isn’t a whole lot of money. In fact, when you divide $34,248.45 by 12 you get just $2,854.05. Needless to say, it is not easy to survive in America today on just $2,854.05 a month, and this may help to explain why we have been seeing so many people fall out of the middle class in recent years.
We are primarily funded by readers. Please subscribe and donate to support us!
And of course all of the figures that I am sharing with you in this article are just for 2019. This year, we have seen more than 63 million Americans file new claims for unemployment benefits as the U.S. economy has imploded during this pandemic, and so the final wage numbers for 2020 could be quite a bit worse than the numbers for 2019 were. Please keep that in mind as you go through the rest of this article.
Once upon a time in America, a single income could easily support a middle class household in most cases, but those days are long gone.
8 Million Slip Into Poverty
Jobless claims higher than expected…
First-time filings for jobless claims last week hit 898,000, above the Wall Street estimate of 830,000.
That was the highest level since Aug. 22 and a sign of the ongoing struggles in the labor market.
Continuing claims again fell sharply, dropping to just over 10 million


investmentwatchblog--2020-10-15--WINTER WARNING: Germany sees most daily virus cases since start of pandemic…  London Households Bann

WINTER WARNING: Germany sees most daily virus cases since start of pandemic…  London Households Banned from Mixing as Rules Tightened…  U.S. Climbs Toward Third Peak

WINTER WARNING : Germany sees most daily virus cases since start of pandemic… New cases of coronavirus infections in Germany @ @ @ @ @ the past 24 hours , official data showed Thursday , reaching a daily level not @ @ @ @ @ the pandemic .
The alarming jump in numbers came just hours after Chancellor Angela Merkel @ @ @ @ @ Germany ’ s 16 federal states to agree tougher restrictions designed to slow the spread @ @ @ @ @ highest number of new cases previously recorded in one day was 6,294 , on March @ @ @ @ @ from the Robert Koch Institute disease control centre .

WINTER WARNING: Germany sees most daily virus cases since start of pandemic…
New cases of coronavirus infections in Germany have soared to 6,638 in the past 24 hours, official data showed Thursday, reaching a daily level not seen since the start of the pandemic.
The alarming jump in numbers came just hours after Chancellor Angela Merkel met with the leaders of Germany’s 16 federal states to agree tougher restrictions designed to slow the spread of the contagion.
The highest number of new cases previously recorded in one day was 6,294, on March 28, according to figures from the Robert Koch Institute disease control centre.


investmentwatchblog--2020-10-15--The Upbeat Downbeat on Housing and Commercial Real Estate

I mentioned in a recent article that the weird thing about this recession is that it is the only one in which personal income has gone up during a recession .
That , of course , is because of government assistance , which is making it so we don ’ t have to feel the pain of a recession that the government , itself , caused — through its massive debt , tax breaks for the 1 % , reliance on the Fed to solve government ’ s problems , and most currently through its forced economic shutdown as a @ @ @ @ @ @ @ the WHO now says was failed policy that should never have happened — even though they helped make sure it did happen !
All of that is weird stuff , but another really weird thing about this recession is that the housing market took off as though we had just entered the best of times this summer .
Who would have guessed : 32-million people out of work , and we have a housing market melt-up ?
Of all the unlikely times for a new bubble to form !
I didn ’ t @ @ @ @ @ @ @ Neither did I see it coming , but it added brilliance to the summer that has continued burning all the way into October .
If you are looking to buy a house , as many are , that silver ray has a dark lining because it is driving up your cost , making it harder for you to enter the market .
We are seeing rampant inflation in housing prices outside of major cities .
The housing market is exploding into a new balloon ( far too big to call a bubble ) @ @ @ @ @ @ @ housing right as demand soared and interest hit an all-time low .
Oh , there is plenty of housing supply opening up in the major cities because no one wants to live there anymore .
Urbanites now want to migrate to the country or to smaller towns to escape riots and COVID concentration camps .
COVID created a sudden reversal ( perhaps just temporarILy ) of a migration pattern from country to city that had endured for decades .
Of course , what makes “ the country ” the country is the lack @ @ @ @ @ @ @ small towns small .
That means the desired new homes have to be built from scratch .
So , we ’ re in a rush to fill in those beautiful fields and forests with new housing developments , turning them into rapidly expanding suburbs under that bizarrely outmoded idea that you can actually move swarms of people into the country and still have it be country .
Californians in particular are doing what they always do in times like this — rushing to transform small towns outside of California into expensive larger towns @ @ @ @ @ @ @ to run ( so they can do it all again fifty years from now when they , again , flee what they recreated ) .
Once there , they will establish the same liberal polices of teaching racial hatred and police hatred by endlessly reminding everyone of why they should hate each other along with encouragement of riots as a form of free speech that have turned their cities into war zones , forever oblivious to the fact that hatred is what it is partly because they do all they can to enable @ @ @ @ @ @ @ .
This huge migration shift has driven prices up as much as 5 % per month and the cost of building materials in some areas up as much as 300 % over the course of just a couple of months , particularly lumber , now that California is burning down all of its forests ( due to years in which environmentalists saw to it that open slash burns were no longer allowed in national forests — or any kind of forest — so we left lots of debris on the floor to become @ @ @ @ @ @ @ not accomplish the same cleansing and due to reducing logging ) .
In some places builders and/or construction workers are in short supply .
All of that is good for the economy as housing has more power to drive an economy and create new jobs than just about anything .
With too few houses in the country ( because it is country ) , we are even back to bidding wars over existing homes in some rural areas and smaller towns , all enabled by record low mortgage interest that the Fed has @ @ @ @ @ @ @ July saw a record rebound in new housing starts , August saw somewhat of a collapse : While that seems weird on the face of things , given how enthusiastic builders are feeling right now and how prices are soaring , the explanation for it is fairly straightforward : Who wants to live in multi-family housing when they are trying to escape cities and COVID ?
So the increase in the construction of new single-family homes in the country was more than offset by the decrease in multi-family housing units in the cities @ @ @ @ @ @ @ in permits issued .
Another oddity is that , in spite of the barrage of news about rabid demand and bidding wars starting back up in housing , it would appear from September sentiment gauges that maybe builders ( and realtors ) were more excited about it than actual buyers : Buyer sentiment may be falling because prices are rising so fast , and inventory is so low , putting the desired homes out of reach for many .
( That is a guess .
I don ’ t really know quite how @ @ @ @ @ @ @ would not seem to drive rising sales and rising prices . )
Both the drop in sentiment and the drop in multi-family housing could also be indicative that the market is already starting to turn and will turn when I first said it would .
I have maintained since the start fo the Coronacrisis that we will not see a decline in housing prices until November .
Before all the government intervention , I did expect a decline to start around November .
However , with the forbearance laws that went in place @ @ @ @ @ @ @ are increasing most unemployed people ’ s income during this recession , it ’ s possible a drop in prices will not come at all .
That depends on whether stimulus fails to get approval and whether forbearance laws are renewed .
If the government support subsides , everything , including the housing market , will collapse rapidly over the late fall and winter .
If the economy degenerates as quickly as I believe it will during the fall and winter , even additional stimulus still may not be enough to keep the @ @ @ @ @ @ @ easy to predict a housing bubble collapse in 2007 for 2008 .
Whether the market will collapse soon this time around is really hard to predict because of the scale of competing forces and efforts to prevent such a thing already I play — job losses v. greater income for the unemployed , housing prices rising v. interest falling , rising numbers of homes technically in default v. forbearance preventing legal default , stimulus likely to increase after the election v. the likely civil wars that will break out after the election if @ @ @ @ @ @ @ contestable , fueling even greater desire to get out of the urban battlegrounds .
Commercial real estate is another matter entirely and is easily predictable There is no question where the commercial monster is headed for the next few years .
In war-torn NYC , commercial real-estate sales plummeted 54 % citywide to the lowest since 2015 when records began .
Not surprisingly , And why wouldn ’ t hotels crash like an elevator ?
Even the famous Hilton of Times Square announced in September it will close its doors on a “ @ @ @ @ @ @ @ US Hotels Say They Won ’ t Last Six More Month At Current Occupancy Levels.
” Malls were struggling all over the nation for a couple of years under the Retail Apocalypse I ’ ve been covering , and COVID has kicked mall owners in the groin ; so , mall closures are speeding up everywhere .
Offices are not needed as much due to people working remotely .
Forbearance was making things worse for mall and office high-rise owners by making it impossible for landlords to evict commercial tenants , though the @ @ @ @ @ @ @ some point all of this collapses into a heap of rubble .
As Zero Hedge just noted , malls die slowly until they die quickly .
The same can be said of shopping centers and probably of office buildings that have fallen out of demand .
They close store by store or office by office until they get below a certain critical mass , where they are no longer feasible with no hope in site because their problems are mostly not of their own creating right now , so then they just close @ @ @ @ @ @ @ cards fall ?
There is plenty that can bring this whole real-estate structure down in a hurry , especially now that we are in a housing market melt-up that can only find comparison in the year 2007 , BUT it all depends on how long it takes before the government can ’ t find the political will for continued stimulus or can ’ t take on additional debt at the speed of light without damaging its credit rating or ends forbearance measures because they are killing landlords or killing banks .
Commercial real @ @ @ @ @ @ @ such a world of hurt that it has zero chance of getting better anytime soon .
The same thing is happening in nations all over the world of course because many nations already had badly flawed economies before the Covidcrisis hit and had banks that were already seeing lower results for higher stimulus efforts .
The foundation for the housing market structure in the US is precarious with plenty of explosives already attached to the support columns , but something is going to have to detonate it to cause it to collapse into @ @ @ @ @ @ @ housing prices may keep on soaring right into the recession … but probably not out the other side .

by David Haggith
I mentioned in a recent article that the weird thing about this recession is that it is the only one in which personal income has gone up during a recession. That, of course, is because of government assistance, which is making it so we don’t have to feel the pain of a recession that the government, itself, caused — through its massive debt, tax breaks for the 1%, reliance on the Fed to solve government’s problems, and most currently through its forced economic shutdown as a response to COVID-19 — something that even the WHO now says was failed policy that should never have happened — even though they helped make sure it did happen!
All of that is weird stuff, but another really weird thing about this recession is that the housing market took off as though we had just entered the best of times this summer. Who would have guessed: 32-million people out of work, and we have a housing market melt-up? Of all the unlikely times for a new bubble to form! I didn’t read anyone who saw that coming. Neither did I see it coming, but it added brilliance to the summer that has continued burning all the way into October.
If you are looking to buy a house, as many are, that silver ray has a dark lining because it is driving up your cost, making it harder for you to enter the market. We are seeing rampant inflation in housing prices outside of major cities. The housing market is exploding into a new balloon (far too big to call a bubble) because there is severe shortage in available housing right as demand soared and interest hit an all-time low.
The mass-migration problem
Oh, there is plenty of housing supply opening up in the major cities because no one wants to live there anymore. Urbanites now want to migrate to the country or to smaller towns to escape riots and COVID concentration camps. COVID created a sudden reversal (perhaps just temporarILy) of a migration pattern from country to city that had endured for decades.
Of course, what makes “the country” the country is the lack of housing. Likewise with what makes small towns small. That means the desired new homes have to be built from scratch. So, we’re in a rush to fill in those beautiful fields and forests with new housing developments, turning them into rapidly expanding suburbs under that bizarrely outmoded idea that you can actually move swarms of people into the country and still have it be country.
Californians in particular are doing what they always do in times like this — rushing to transform small towns outside of California into expensive larger towns that run like Californians know towns ought to run (so they can do it all again fifty years from now when they, again, flee what they recreated). Once there, they will establish the same liberal polices of teaching racial hatred and police hatred by endlessly reminding everyone of why they should hate each other along with encouragement of riots as a form of free speech that have turned their cities into war zones, forever oblivious to the fact that hatred is what it is partly because they do all they can to enable riots while throwing fuel on smoldering animosities.
This huge migration shift has driven prices up as much as 5% per month and the cost of building materials in some areas up as much as 300% over the course of just a couple of months, particularly lumber, now that California is burning down all of its forests (due to years in which environmentalists saw to it that open slash burns were no longer allowed in national forests — or any kind of forest — so we left lots of debris on the floor to become tinder because burning slash in piles does not accomplish the same cleansing and due to reducing logging).
In some places builders and/or construction workers are in short supply. All of that is good for the economy as housing has more power to drive an economy and create new jobs than just about anything.
With too few houses in the country (because it is country), we are even back to bidding wars over existing homes in some rural areas and smaller towns, all enabled by record low mortgage interest that the Fed has established.
However …
A housing collapse within the building spree
Oddly, while June and July saw a record rebound in new housing starts, August saw somewhat of a collapse:
While that seems weird on the face of things, given how enthusiastic builders are feeling right now and how prices are soaring, the explanation for it is fairly straightforward:
We are primarily funded by readers. Please subscribe and donate to support us!
Despite Record Builder Sentiment, Housing Starts Collapse Led By Rental Unit Crash While single-family home starts rose, the rental units crashed in August… 4.1% jump in single family units from 981K to 1021M. 25.4% drop in multi-family units from 503K to 375K. Zero Hedge
Who wants to live in multi-family housing when they are trying to escape cities and COVID? So the increase in the construction of new single-family homes in the country was more than offset by the decrease in multi-family housing units in the cities. The same transition could be seen in permits issued.
Another oddity is that, in spite of the barrage of news about rabid demand and bidding wars starting back up in housing, it would appear from September sentiment gauges that maybe builders (and realtors) were more excited about it than actual buyers:
Buyer sentiment may be falling because prices are rising so fast, and inventory is so low, putting the desired homes out of reach for many. (That is a guess. I don’t really know quite how to square that circle because falling sentiment would not seem to drive rising sales and rising prices.) Both the drop in sentiment and the drop in multi-family housing could also be indicative that the market is already starting to turn and will turn when I first said it would.
I have maintained since the start fo the Coronacrisis that we will not see a decline in housing prices until November. Before all the government intervention, I did expect a decline to start around November. However, with the forbearance laws that went in place and all the government rescue packages that are increasing most unemployed people’s income during this recession, it’s possible a drop in prices will not come at all. That depends on whether stimulus fails to get approval and whether forbearance laws are renewed.
If the government support subsides, everything, including the housing market, will collapse rapidly over the late fall and winter. If the economy degenerates as quickly as I believe it will during the fall and winter, even additional stimulus still may not be enough to keep the housing balloon floating.
I found it easy to predict a housing bubble collapse in 2007 for 2008. Whether the market will collapse soon this time around is really hard to predict because of the scale of competing forces and efforts to prevent such a thing already I play — job losses v. greater income for the unemployed, housing prices rising v. interest falling, rising numbers of homes technically in default v. forbearance preventing legal default, stimulus likely to increase after the election v. the likely civil wars that will break out after the election if the results are close enough to be contestable, fueling even greater desire to get out of the urban battlegrounds.
Commercial real estate is another matter entirely and is easily predictable
There is no question where the commercial monster is headed for the next few years. In war-torn NYC, commercial real-estate sales plummeted 54% citywide to the lowest since 2015 when records began. Not surprisingly,
Apartment buildings suffered the biggest drops in prices, at 50% on average. Offices and hotels saw decreases of 28% and 37%, respectively, while prices for retail properties were flat. Zero Hedge
And why wouldn’t hotels crash like an elevator? Even the famous Hilton of Times Square announced in September it will close its doors on a “permanent” basis. “Two-Thirds Of US Hotels Say They Won’t Last Six More Month At Current Occupancy Levels.”
Malls were struggling all over the nation for a couple of years under the Retail Apocalypse I’ve been covering, and COVID has kicked mall owners in the groin; so, mall closures are speeding up everywhere. Offices are not needed as much due to people working remotely. Forbearance was making things worse for mall and office high-rise owners by making it impossible for landlords to evict commercial tenants, though the tenants certainly needed that grace. At some point all of this collapses into a heap of rubble.
As Zero Hedge just noted, malls die slowly until they die quickly. The same can be said of shopping centers and probably of office buildings that have fallen out of demand. They close store by store or office by office until they get below a certain critical mass, where they are no longer feasible with no hope in site because their problems are mostly not of their own creating right now, so then they just close entirely.
When will the house of cards fall?
There is plenty that can bring this whole real-estate structure down in a hurry, especially now that we are in a housing market melt-up that can only find comparison in the year 2007, BUT it all depends on how long it takes before the government can’t find the political will for continued stimulus or can’t take on additional debt at the speed of light without damaging its credit rating or ends forbearance measures because they are killing landlords or killing banks.
Commercial real estate is already falling and is in such a world of hurt that it has zero chance of getting better anytime soon. The same thing is happening in nations all over the world of course because many nations already had badly flawed economies before the Covidcrisis hit and had banks that were already seeing lower results for higher stimulus efforts.
The foundation for the housing market structure in the US is precarious with plenty of explosives already attached to the support columns, but something is going to have to detonate it to cause it to collapse into its own basement. Until then, housing prices may keep on soaring right into the recession … but probably not out the other side.


investmentwatchblog--2020-10-15--‘New Illinois’ group prepares to declare independence from Illinois on Saturday

A group preparing to declare its independence from Illinois said residents are growing frustrated because they say they aren ’ @ @ @ @ @ the Illinois statehouse .
G.H .
Merritt is the chairman of New Illinois , a @ @ @ @ @ plans to declare independence from Illinois from the Hancock County court steps this Saturday .
@ @ @ @ @ of support from the red side , you know the libertarians and the Republicans , @ @ @ @ @ ’ s mostly because those are the people that live in the area that doesn @ @ @ @ @ , ” Merritt said .
After Saturday ’ s declaration , the group will lobby @ @ @ @ @ board , she said .
State Rep. LaShawn Ford , D-Chicago , said he ’ @ @ @ @ @ conversation with members of the group .
“ I think with a county and a @ @ @ @ @ declare independence is just their right to do it but I think that ’ s @ @ @ @ @ nose off to spite your face , ” Ford said .

A group preparing to declare its independence from Illinois said residents are growing frustrated because they say they aren’t being properly represented at the Illinois statehouse.
G.H. Merritt is the chairman of New Illinois, a nonprofit and nonpartisan group that plans to declare independence from Illinois from the Hancock County court steps this Saturday.
“We have a lot of support from the red side, you know the libertarians and the Republicans, but I really believe that’s mostly because those are the people that live in the area that doesn’t have a voice,” Merritt said.
After Saturday’s declaration, the group will lobby state lawmakers to get on board, she said.
State Rep. LaShawn Ford, D-Chicago, said he’s open to having a conversation with members of the group.
“I think with a county and a community down there trying to declare independence is just their right to do it but I think that’s what you call cutting your nose off to spite your face,” Ford said.