investmentwatchblog--2020-06-19--Shedlock: The Myth of the V-Shaped Recovery in One Chart

Retail sales surged in May but manufacturing is another story .
The Fed ’ s Industrial Production and Capacity Utilization puts a big negative spotlight on the emerging V-shaped recovery thesis .
• Industrial production increased a weaker than expected 1.4 % in May .
The Econoday consensus was 2.9 % .
• A negative revision took April from -11.2 % to -12.5 % so essentially there was no rebound at all .
• Industrial production in May was 15.4 % below its pre-pandemic level in February .
• Manufacturing output rose 3.8 % in May but languishes near the @ @ @ @ @ @ @ At 92.6 % of its 2012 average , the level of total industrial production was 15.3 % lower in May than it was a year earlier .
• Capacity utilization for the industrial sector increased 0.8 percentage point to 64.8 % in May , a rate that is 15.0 percentage points below its long-run ( 1972–2019 ) average and 1.9 percentage points below its trough during the Great Recession .
• Motor vehicles and parts production has “ rebounded ” to a level “ below ” the bottom of the 1990 recession .
@ @ @ @ @ @ @ anything one would ever associate with a V-shaped recovery .
Earlier today I reported Retail Sales Surge Most on Record But Number is Misleading .
• Retail sales surged a greater than expected 17.7 % in May but the numbers are still well below the pre-pandemic levels .
• Despite the surge , sales numbers are back to levels seen in late 2015 and early 2016 .
People got money and spent it , but they also skipped mortgage payments and credit card payments .
What happens when the checks run out ?
@ @ @ @ @ @ @ still 20 million people out of work .
It is foolish to believe they will all be back working the same number of hours at the end of June .
• Larry Kudlow says “ The Economy is Off to the Races “ .
Today ’ s dismal industrial production numbers put a better spotlight than retail sales on the true state of the economy .
Off to the Races Not There are too many things that can go wrong and many of them will .
It will take years for this economy @ @ @

by Mike Shedlock
Retail sales surged in May but manufacturing is another story.
The Fed’s Industrial Production and Capacity Utilization puts a big negative spotlight on the emerging V-shaped recovery thesis.
Industrial Production Highlights
Industrial production increased a weaker than expected 1.4% in May. The Econoday consensus was 2.9%.
A negative revision took April from -11.2% to -12.5% so essentially there was no rebound at all.
Industrial production in May was 15.4% below its pre-pandemic level in February.
Manufacturing output rose 3.8% in May but languishes near the lows in the Great Recession.
At 92.6% of its 2012 average, the level of total industrial production was 15.3% lower in May than it was a year earlier.
Capacity utilization for the industrial sector increased 0.8 percentage point to 64.8% in May, a rate that is 15.0 percentage points below its long-run (1972–2019) average and 1.9 percentage points below its trough during the Great Recession.
Manufacturing and Motor Vehicles and Parts
Motor vehicles and parts production has “rebounded” to a level “below” the bottom of the 1990 recession.
Manufacturing is at a 1988 level
Rebound Detail
V-Shape Recovery?
These numbers are not remotely close to anything one would ever associate with a V-shaped recovery.
Retail Sales vs Industrial Production
Earlier today I reported Retail Sales Surge Most on Record But Number is Misleading.
Retail sales surged a greater than expected 17.7% in May but the numbers are still well below the pre-pandemic levels.
Despite the surge, sales numbers are back to levels seen in late 2015 and early 2016.
Stimulus Checks
People got money and spent it, but they also skipped mortgage payments and credit card payments.
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What happens when the checks run out?
Those Out of a Job
There are still 20 million people out of work.
It is foolish to believe they will all be back working the same number of hours at the end of June.
Fed vs Kudlow
True State of the Economy
Today’s dismal industrial production numbers put a better spotlight than retail sales on the true state of the economy.
Off to the Races Not
There are too many things that can go wrong and many of them will.
It will take years for this economy to recover.


investmentwatchblog--2020-06-19--Seattle Mayor Jenny Durkan: Protection for me but not for thee

Chaser ( who is that behind the mayor ’ s left shoulder ? )
: Let ’ s hope Seattle @ @ @ @ @ learn that elections have consequences .

by DCG
Shot:
Chaser (who is that behind the mayor’s left shoulder?):
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Earlier today, I visited the #CHAZ and met Marcus Henderson, the person behind the new community garden popping up in Cal Anderson Park. Read more about Marcus and the work that’s gone into creating the gardens: t.co/mobTYoWIcK pic.twitter.com/82lyVxyyV1 — Mayor Jenny Durkan (@MayorJenny) June 13, 2020
Let’s hope Seattle residents may – finally – learn that elections have consequences.
DCG


investmentwatchblog--2020-06-19--Sen. Tom Cotton: Twitter tried to censor me – and they lost

How much Chinese ccp influence on twitter ?

How much Chinese ccp influence on twitter?
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h/t Goneviral


investmentwatchblog--2020-06-19--Watch Fauci Admit To Misleading How It Wasn’t Necessary/Helpful To Wear A Mask

Dr. Fauci admits public health officials misled the public about the effectiveness of masks .
Here he is in March @

Dr. Fauci admits public health officials misled the public about the effectiveness of masks.
Dr. Fauci admits public health officials misled the public about the effectiveness of masks. pic.twitter.com/0qdNfy2lde — Washington Examiner (@dcexaminer) June 17, 2020
Here he is in March:
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AC


investmentwatchblog--2020-06-19--RED ALERT: They Have Sworn Their Allegiance to a New World Order

Author Donald Jeffries returns to SGT Report to expose the real agenda of the Democrat Party , and we shine @ @ @ @ @ behind the throne .

Donald Jeffries interviewed by Sean on SGTreport
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Author Donald Jeffries returns to SGT Report to expose the real agenda of the Democrat Party, and we shine the light on the powers behind the throne.


investmentwatchblog--2020-06-19--Globalists Reveal The “Great Economic Reset” Is Coming In 2021 (Meeting Set For January)

For those not familiar with the phrase “ global economic reset ” , it is one that has been used ever increasingly by elitists in the central banking world for several years .
I first heard it referenced by Christine Lagarde , the head of the IMF at the time , in 2014 .
The reset is often mentioned in the same breath as ideas like “ the New Multilateralism ” or “ the Multipolar World Order ” or “ the New World Order ” .
All of these phrases mean essentially the same thing .
The reset is promoted @ @ @ @ @ @ @ crisis which was triggered in 2008 .
This same financial crash is still with us today , but now , after a decade of central bank money printing and debt creation , the bubble is even bigger than it was before .
As always , the central bank “ cure ” is far worse than the disease , and the renewed crash we face today is far more deadly than what would have happened in 2008 if we had simply taken our medicine and refused to prop up weak parts of the economy @ @ @ @ @ @ @ attribute the Fed ’ s habit of making things worse to “ hubris ” or “ ignorance ” .
They think the Fed actually wants to save the financial system or “ protect the golden goose ” , but this is not reality .
The truth is , the Fed is not a bumbling maintenance man , the Fed is a saboteur , a suicide bomber that is willing to destroy even itself as an institution in order to explode the US economy and clear the path for a new globally centralized one @ @ @ @ @ @ @ Global Reset ” .
In 2015 in my article ‘ The Global Economic Reset Has Begun ’ , I stated : “ The global reset is not a “ response ” to the process of collapse we are trapped in today .
No , the global reset as implemented by central banks and the BIS/IMF is the cause of the collapse .
The collapse is a tool , a flamethrower burning a great hole in the forest to make way for the foundations of the globalist Ziggurat to be built….economic disaster serves the @ @ @ @ @ @ @ we see the globalist plan coming to fruition , with the elites revealing what appears to be their intent to launch their reset in 2021 .
The World Economic Forum officially announced the Great Reset initiative as part of their Covid Action Platform last week , and a summit is scheduled in January 2021 to discuss their plans more openly with the world and the mainstream media .
The WEF also posted a rather bizarre video on the Reset , which consists of a series of images of the world falling apart ( @ @ @ @ @ @ @ emission into the air which I suppose is meant to scare us with notions of global warming ) .
The destruction is then “ reset ” at the push of a button , with everything reversing back to a pristine human-less world of nature and the words “ Join Us ” .
The reset , according to discussions by the IMF , is basically the next stage in the formation of a one-world economic system and potential global government .
This seems to fall in line with the solutions offered during the Event @ @ @ @ @ @ @ a coronavirus pandemic that was held by the Bill And Melinda Gates Foundation and the World Economic Forum only two months before the REAL THING happened at the beginning of 2020 .
Event 201 suggested that one of the top solutions to a pandemic would be the institution of a centralized global economic body that could handle the financial response to the coronavirus .
Is it not convenient that the events of the real coronavirus pandemic fall exactly in line with the Event 201 simulation , as well as directly in line with @ @ @ @ @ @ @ and the World Economic Forum ?
As they say , let no crisis go to waste , or , as is the motto of the globalists “ Order Out Of Chaos ” .
With civil unrest about to become a way of life for many parts of the world including the US , and the pandemic set for a resurgence of infections after the “ reopening ” , creating a rationale for a second wave of lockdowns probably in July , the economy as we know it is being destroyed .
The last @ @ @ @ @ @ @ a thin thread after the crash of 2008 , are now being cut .
The goal is rather obvious – Terrify the population with poverty , internal conflicts and a broken supply chain until they lobby the establishment for help .
Then , offer the “ solution ” of medical tyranny , immunity passports , martial law , a global economic system based on a cashless digital society in which privacy in trade is erased , and then slowly but surely form a faceless “ multilateral ” global government which answers to no @ @ @ @ @ @ @ I remember back in 2014 when Christine Lagarde first began talking about the reset .
That same year she also made a very strange speech to the National Press Club in which she started rambling gleefully about numerology and the “ magic number 7 ” .
Many within the club laughed , as there was apparently an inside joke that the rest of us were not privy to .
Well , I would point out that the World Economic Forum meeting on the global reset in 2021 will be held exactly 7 years @ @ @ @ @ @ @ another interesting coincidence I suppose… The new world order , the global reset , is a long running scheme to centralize power , but in a way that is meant to be sustained for centuries to come .
The elites know that it is not enough to achieve global governance by force alone ; such an attempt would only lead to resistance and eternal rebellion .
No , what the elites want is for the public to ASK , even beg for global governance .
If the public is tricked into demanding it @ @ @ @ @ @ @ the horrors of global chaos , then they are far less likely to rebel against it later .
Problem – reaction – solution .
The pandemic is not going away anytime soon .
Everyone should expect that state governments and the federal government will call for renewed lockdowns .
With these new lockdowns , the US economy in particular will be finished .
With 40 million people losing their jobs during the last lockdowns , many states only partially reopened , and only 13 % to 18 % of small businesses receiving bailout @ @ @ @ @ @ @ months are going to be a devastating wake-up call .
The real solution will be for people to form more self reliant communities free of the mainstream economy .
The real solution should be decentralization and independence , not centralization and slavery .
The globalists will seek to interfere with any effort to break from the program .
That said , they can do very little if millions of people enact localization efforts at the same time .
If people aren ’ t reliant on the system , then they can not be @ @ @ @ @ @ @ test will come with the final collapse of the existing economy .
When stagflation spikes even harder than it is right now and prices of necessities double or triple yet again , and joblessness skyrockets even further , how many people will clamor for the globalist solution and how many will build their own systems ?
How many will be bowing in submission and how many will be ready to fight back .
It is a question I still don ’ t have an answer to even after 14 years of analysis on @ @ @ @ @ @ @ that many people will fight back .
Not as many as we might hope for , but enough to defend the cause of liberty .
Maybe this is overly optimistic , but I believe the globalists are destined to lose this war in the long run .
If you would like to support the work that Alt-Market does while also receiving content on advanced tactics for defeating the globalist agenda , subscribe to our exclusive newsletter The Wild Bunch Dispatch .
Learn more about it HERE .

by Brandon Smith via Alt-Market
For those not familiar with the phrase “global economic reset”, it is one that has been used ever increasingly by elitists in the central banking world for several years. I first heard it referenced by Christine Lagarde, the head of the IMF at the time, in 2014. The reset is often mentioned in the same breath as ideas like “the New Multilateralism” or “the Multipolar World Order” or “the New World Order”. All of these phrases mean essentially the same thing.
The reset is promoted as a solution to the ongoing economic crisis which was triggered in 2008. This same financial crash is still with us today, but now, after a decade of central bank money printing and debt creation, the bubble is even bigger than it was before. As always, the central bank “cure” is far worse than the disease, and the renewed crash we face today is far more deadly than what would have happened in 2008 if we had simply taken our medicine and refused to prop up weak parts of the economy artificially.
Many alternative economists often wrongly attribute the Fed’s habit of making things worse to “hubris” or “ignorance”. They think the Fed actually wants to save the financial system or “protect the golden goose”, but this is not reality. The truth is, the Fed is not a bumbling maintenance man, the Fed is a saboteur, a suicide bomber that is willing to destroy even itself as an institution in order to explode the US economy and clear the path for a new globally centralized one world system. Hence, the “Global Reset”.
In 2015 in my article ‘The Global Economic Reset Has Begun’, I stated:
“The global reset is not a “response” to the process of collapse we are trapped in today. No, the global reset as implemented by central banks and the BIS/IMF is the cause of the collapse. The collapse is a tool, a flamethrower burning a great hole in the forest to make way for the foundations of the globalist Ziggurat to be built….economic disaster serves the interests of elitists.”
Now in 2020 we see the globalist plan coming to fruition, with the elites revealing what appears to be their intent to launch their reset in 2021. The World Economic Forum officially announced the Great Reset initiative as part of their Covid Action Platform last week, and a summit is scheduled in January 2021 to discuss their plans more openly with the world and the mainstream media.
The WEF also posted a rather bizarre video on the Reset, which consists of a series of images of the world falling apart (and images of factories releasing harmless carbon emission into the air which I suppose is meant to scare us with notions of global warming). The destruction is then “reset” at the push of a button, with everything reversing back to a pristine human-less world of nature and the words “Join Us”.
The reset, according to discussions by the IMF, is basically the next stage in the formation of a one-world economic system and potential global government. This seems to fall in line with the solutions offered during the Event 201 pandemic simulation ; a simulation of a coronavirus pandemic that was held by the Bill And Melinda Gates Foundation and the World Economic Forum only two months before the REAL THING happened at the beginning of 2020. Event 201 suggested that one of the top solutions to a pandemic would be the institution of a centralized global economic body that could handle the financial response to the coronavirus.
Is it not convenient that the events of the real coronavirus pandemic fall exactly in line with the Event 201 simulation, as well as directly in line with the global reset plans of the IMF and the World Economic Forum? As they say, let no crisis go to waste, or, as is the motto of the globalists “Order Out Of Chaos”.
We are primarily funded by readers. Please subscribe and donate to support us!
With civil unrest about to become a way of life for many parts of the world including the US, and the pandemic set for a resurgence of infections after the “reopening”, creating a rationale for a second wave of lockdowns probably in July, the economy as we know it is being destroyed. The last vestiges of the system, hanging by a thin thread after the crash of 2008, are now being cut.
The goal is rather obvious – Terrify the population with poverty, internal conflicts and a broken supply chain until they lobby the establishment for help. Then, offer the “solution” of medical tyranny, immunity passports, martial law, a global economic system based on a cashless digital society in which privacy in trade is erased, and then slowly but surely form a faceless “multilateral” global government which answers to no one and does whatever it pleases.
I remember back in 2014 when Christine Lagarde first began talking about the reset. That same year she also made a very strange speech to the National Press Club in which she started rambling gleefully about numerology and the “magic number 7”. Many within the club laughed, as there was apparently an inside joke that the rest of us were not privy to. Well, I would point out that the World Economic Forum meeting on the global reset in 2021 will be held exactly 7 years after Lagarde gave that speech. Just another interesting coincidence I suppose…
The new world order, the global reset, is a long running scheme to centralize power, but in a way that is meant to be sustained for centuries to come. The elites know that it is not enough to achieve global governance by force alone; such an attempt would only lead to resistance and eternal rebellion. No, what the elites want is for the public to ASK, even beg for global governance. If the public is tricked into demanding it as a way to save them from the horrors of global chaos, then they are far less likely to rebel against it later. Problem – reaction – solution.
The pandemic is not going away anytime soon. Everyone should expect that state governments and the federal government will call for renewed lockdowns. With these new lockdowns, the US economy in particular will be finished. With 40 million people losing their jobs during the last lockdowns, many states only partially reopened, and only 13% to 18% of small businesses receiving bailout loans to survive, the next two months are going to be a devastating wake-up call.
The real solution will be for people to form more self reliant communities free of the mainstream economy. The real solution should be decentralization and independence, not centralization and slavery. The globalists will seek to interfere with any effort to break from the program. That said, they can do very little if millions of people enact localization efforts at the same time. If people aren’t reliant on the system, then they cannot be controlled by the system.
The real test will come with the final collapse of the existing economy. When stagflation spikes even harder than it is right now and prices of necessities double or triple yet again, and joblessness skyrockets even further, how many people will clamor for the globalist solution and how many will build their own systems? How many will be bowing in submission and how many will be ready to fight back. It is a question I still don’t have an answer to even after 14 years of analysis on the issue.
What I suspect is that many people will fight back. Not as many as we might hope for, but enough to defend the cause of liberty. Maybe this is overly optimistic, but I believe the globalists are destined to lose this war in the long run.
If you would like to support the work that Alt-Market does while also receiving content on advanced tactics for defeating the globalist agenda, subscribe to our exclusive newsletter The Wild Bunch Dispatch. Learn more about it HERE.


investmentwatchblog--2020-06-18--Email From a Seattle Police Officer

Email From a Seattle Police Officer

This is from a Seattle police officer .
He is the brother of my friend here in Houston and sent this email to his family from Seattle where he works .
According to his request , his name will not be given .
Hey guys , I have a little down time so here is an update on things here .
Absolute madness here .
Can ’ t even express it all .
Day 12 for us and our Mayor and Chief abandoned a major precinct and gave it to the anarchists .
Unthinkable .
Nine ( 9 ) blocks @ @ @ @ @ @ @ control of these terrorists .
No joke .
This is unreal .
No police , no fire dept , no sanity allowed in .
They have an armed force patrolling , manning checkpoints and stopping cars and citizens at gun point .
They are creating a currency , an ID system , a supply system that includes food , water , ammo , and chemical weapons .
They have access to the police precinct office and have made it their headquarters .
Our “ leaders ” are completely silent and the city council @ @ @ @ @ @ @ have been on the front lines WITH the anarchists and , yes , last night one council member let about 200 into city hall .
The warlord in charge of the new “ capitol hill autonomous zone ” ( CHAZ ) drives a Tesla and has been arrested for drugs , guns , pimping , and crimes against children and is on a federal child porn watch list .
He carries an AK-47 and has already started abusing people inside .
You can ’ t make this up .
We have been castrated @ @ @ @ @ @ @ .
We can ’ t go near the zone and have been warned by our dept to stay away .
We are only working for each other now .
We have been in battles where these psychopaths have hit us with rocks , cinderblocks , homemade napalm , and even IEDs .
Multiple injuries and THEN we gave up the precinct .
Now the guns are out .
This city can burn .
I ’ m working on my exit plan now .
The city and state hates us and gives us no @ @ @ @ @ @ @ actively supporting this very real insurgency .
Yet , all you hear in the media is that they are merely peaceful protesters .
This is real .
There is a part of our country that is no longer under our control .
People need to know .
This is not about race .
It ’ s about control .
Share it , but DON ’ T say my name .

This is from a Seattle police officer. He is the brother of my friend here in Houston and sent this email to his family from Seattle where he works. According to his request, his name will not be given.
****************************************************************************************
From a Seattle Police Officer
Hey guys, I have a little down time so here is an update on things here. Absolute madness here. Can’t even express it all. Day 12 for us and our Mayor and Chief abandoned a major precinct and gave it to the anarchists. Unthinkable.
Nine (9) blocks of our city are under the complete control of these terrorists. No joke. This is unreal. No police, no fire dept, no sanity allowed in. They have an armed force patrolling, manning checkpoints and stopping cars and citizens at gun point. They are creating a currency, an ID system, a supply system that includes food, water, ammo, and chemical weapons.
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They have access to the police precinct office and have made it their headquarters. Our “leaders” are completely silent and the city council is completely complicit. Yes, they have been on the front lines WITH the anarchists and, yes, last night one council member let about 200 into city hall. The warlord in charge of the new “capitol hill autonomous zone” (CHAZ) drives a Tesla and has been arrested for drugs, guns, pimping, and crimes against children and is on a federal child porn watch list. He carries an AK-47 and has already started abusing people inside.
You can’t make this up. We have been castrated. There is no recovering from this. We can’t go near the zone and have been warned by our dept to stay away. We are only working for each other now. We have been in battles where these psychopaths have hit us with rocks, cinderblocks, homemade napalm, and even IEDs. Multiple injuries and THEN we gave up the precinct. Now the guns are out.
This city can burn. I’m working on my exit plan now. The city and state hates us and gives us no support. In fact the leaders are actively supporting this very real insurgency. Yet, all you hear in the media is that they are merely peaceful protesters. This is real. There is a part of our country that is no longer under our control. People need to know. This is not about race. It’s about control. Share it, but DON’T say my name.
h/t AC


investmentwatchblog--2020-06-18--Georgia mayor under fire following controversial Facebook post about privilege

Privilege is wearing $ 200 sneakers when you ’ ve never had a job .
Privilege is having a Smartphone with a Data plan which you receive no bill for .
Privilege is living in public subsidized housing where you don ’ t have a water bill , where rising property taxes and rents and energy costs have absolutely no effect on the amount of food you can put on your table .
Privilege is the ability to go march against , and protest against anything that triggers you , without worrying about calling out of work and the consequences @ @ @ @ @ @ @ having as many children as you want , regardless of your employment status , and be able to send them off to daycare or school you don ’ t pay for .
Privilege is sending your kids to school early for the before school programs and breakfast .
and then keeping them there for the after school program…all at no cost to you….paid for by the people who DO HAVE TO DEAL WITH RISING TAXES AND COSTS !
-..you know .
us so called “ PRIVILEGED ” the ones who pay while you @ @ @ @

Facebook Post:
Ben Rozier
What is privilege?….
Privilege is wearing $200 sneakers when you’ve never had a
job.
Privilege is wearing $300 Beats headphones while living on
public assistance.
Privilege is having a Smartphone with a Data plan which
you receive no bill for.
Privilege is living in public subsidized housing where you
don’t have a water bill, where rising property taxes and
rents and energy costs have absolutely no effect on the
amount of food you can put on your table.
We are primarily funded by readers. Please subscribe and donate to support us!
Privilege is the ability to go march against, and protest
against anything that triggers you, without worrying about
calling out of work and the consequences that accompany
such behavior.
Privilege is having as many children as you want,
regardless of your employment status, and be able to send
them off to daycare or school you don’t pay for.
Privilege is sending your kids to school early for the
before school programs and breakfast. and then keeping
them there for the after school program…all
at no cost to you….paid for by the people who DO HAVE TO
DEAL WITH RISING TAXES AND COSTS!-..you know. us so called
“PRIVILEGED” the ones who pay while you TAKE TAKE TAKE!
www.wbaltv.com/article/georgia-mayors-controversial-rant-about-privilege-forces-city-council-to-respond/32897168
www.wtoc.com/2020/06/18/bloomingdale-city-council-asks-mayor-resign-after-controversial-facebook-post/
h/t dr0id


investmentwatchblog--2020-06-18--Do you Zoom? Be aware of their connection with the Chicoms

Ever since lockdowns due to the Wuhan virus , many started using the “ Zoom ” application for videoconferences and online chats .
Zoom was founded by Eric Yuan in 2011 .
Eric is a Chinese-American and became a billionaire when Zoom went public in 2019 .
The company is based in San Jose , California .
If you use Zoom , you should know about their STRONG connections to the Chicoms .
“ A large part of Zoom ’ s workforce is based in China , which has given rise to surveillance and censorship concerns .
The company has @ @ @ @ @ @ @ corporate data sharing policies .
In March 2020 , New York State Attorney General Letitia James launched an inquiry into Zoom ’ s privacy and security practices ; the inquiry was closed on May 7 , 2020 , with Zoom not admitting wrongdoing , but agreeing to take added security measures .
In April 2020 , Citizen Lab warned that having much of Zoom ’ s research and development in China could “ open up Zoom to pressure from Chinese authorities.
” Pressure from the Chicoms ?
‘ Ya don ’ t say @ @ @ @ @ @ @ Zoom “ closed account of U.S.-based Chinese activist “ to comply with local law.
” AKA : They complied with the Chicom ’ s request .
From the Axios story : “ The U.S. video-conferencing company Zoom closed the account of a group of prominent U.S.-based Chinese activists after they held a Zoom event commemorating the 31st anniversary of the June 4 Tiananmen Square Massacre .
A Zoom spokesperson confirmed to Axios that the account had been closed “ to comply with local law ” and said it had now been re-activated.
” @ @ @ @ @ @ @ Then there ’ s this , from The Intercept ( from this past April ) : “ Zoom ’ s Encryption Is “ Not Suited for Secrets ” and Has Surprising Links to China , Researchers Discover.
” I ’ m challenged when it comes to computer stuff so I won ’ t pretend to understand everything in the Intercept article .
Some excerpts : “ Meetings on Zoom , the increasingly popular video conferencing service , are encrypted using an algorithm with serious , well-known weaknesses , and sometimes using keys issued @ @ @ @ @ @ @ meeting participants are all in North America .
They ( researchers ) conclude , in a report for the university ’ s Citizen Lab — widely followed in information security circles — that Zoom ’ s service is “ not suited for secrets ” and that it may be legally obligated to disclose encryption keys to Chinese authorities and “ responsive to pressure ” from them.
” Read the whole story here .
The Department of Defense doesn ’ t trust Zoom and the Chicoms ; they ’ ve banned the use of @ @ @ @ @ @ @ that I ’ d stay far , far away from Zoom .
Chicoms are no doubt watching your every move .

by DCG
Ever since lockdowns due to the Wuhan virus, many started using the “Zoom” application for videoconferences and online chats.
Zoom was founded by Eric Yuan in 2011. Eric is a Chinese-American and became a billionaire when Zoom went public in 2019. The company is based in San Jose, California.
If you use Zoom, you should know about their STRONG connections to the Chicoms.
From Wikipedia:
“A large part of Zoom’s workforce is based in China, which has given rise to surveillance and censorship concerns.
The company has also been criticized for its privacy and corporate data sharing policies.
In March 2020, New York State Attorney General Letitia James launched an inquiry into Zoom’s privacy and security practices; the inquiry was closed on May 7, 2020, with Zoom not admitting wrongdoing, but agreeing to take added security measures.
In April 2020, Citizen Lab warned that having much of Zoom’s research and development in China could “open up Zoom to pressure from Chinese authorities.”
Pressure from the Chicoms? ‘Ya don’t say.
Well, that’s EXATLY what happened recently.
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Axios reported on June 10 that Zoom “closed account of U.S.-based Chinese activist “to comply with local law.”
AKA: They complied with the Chicom’s request. From the Axios story: “The U.S. video-conferencing company Zoom closed the account of a group of prominent U.S.-based Chinese activists after they held a Zoom event commemorating the 31st anniversary of the June 4 Tiananmen Square Massacre. A Zoom spokesperson confirmed to Axios that the account had been closed “to comply with local law” and said it had now been re-activated.”
Read the whole Axios story here.
Then there’s this, from The Intercept (from this past April): “Zoom’s Encryption Is “Not Suited for Secrets” and Has Surprising Links to China, Researchers Discover.”
I’m challenged when it comes to computer stuff so I won’t pretend to understand everything in the Intercept article. Some excerpts:
“Meetings on Zoom, the increasingly popular video conferencing service, are encrypted using an algorithm with serious, well-known weaknesses, and sometimes using keys issued by servers in China, even when meeting participants are all in North America.
They (researchers) conclude, in a report for the university’s Citizen Lab — widely followed in information security circles — that Zoom’s service is “not suited for secrets” and that it may be legally obligated to disclose encryption keys to Chinese authorities and “responsive to pressure” from them.”
Read the whole story here.
The Department of Defense doesn’t trust Zoom and the Chicoms; they’ve banned the use of Zoom.
What I DO know is that I’d stay far, far away from Zoom. Chicoms are no doubt watching your every move.
DCG


investmentwatchblog--2020-06-18--Welcome to The Purge

Welcome to The Purge

Professor Warns CIVIL WAR May Be Next Step Of Civil Unrest As Cops Quit While Antifa Escalates .
A Professor @ @ @ @ @ we would face widespread civil unrest in 2020 .
This prompted some interesting articles but @ @ @ @ @ him seriously .
Now they are As the US faces mass civil unrest journalists have @ @ @ @ @ next .
His answer is rather dire Peter Turchin believes we may be facing a @ @ @ @ @ sets up more autonomous zones like Seattle ’ s CHAZ police quickly move into shut @ @ @ @ @ are still ongoing and now armed groups are standing up to fight back .
Trump @ @ @ @ @ upset that Republicans aren ’ t doing anything about the crisis and the Democrats are @ @ @ @ @ literally , to the far left .
People won ’ t stand for this and @ @ @ @ @ things into their own hands .

Welcome to The Purge. pic.twitter.com/km3B1hh3ya — Ian Miles Cheong (@stillgray) June 18, 2020
Professor Warns CIVIL WAR May Be Next Step Of Civil Unrest As Cops Quit While Antifa Escalates. A Professor warned 10 years ago that we would face widespread civil unrest in 2020.
This prompted some interesting articles but most people did not take him seriously.
Now they are
As the US faces mass civil unrest journalists have asked what he thinks is next. His answer is rather dire
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Peter Turchin believes we may be facing a civil war.
As Antifa sets up more autonomous zones like Seattle’s CHAZ police quickly move into shut them down. But protests are still ongoing and now armed groups are standing up to fight back.
Trump supporters are starting to get upset that Republicans aren’t doing anything about the crisis and the Democrats are just bending the knee, literally, to the far left.
People won’t stand for this and they are starting to take things into their own hands.


investmentwatchblog--2020-06-18--Lots of people are looking at this situation in Seattle, and asking WHY nothing is being done. Allow

Lots of people are looking at this situation in Seattle, and asking WHY nothing is being done. Allow me to explain.

THIS IS BAIT for PDJT ( President DJT ) .
Just in case anyone needs a primer , under our system of government , use of the national guard in a state is the responsibility of that state ’ s governor .
Many people believe that the president is the one who activates the guard for things like this .
He can FEDERALIZE the guard , and bring them under his command , but it ’ s not his place to activate them for use when dealing with a state issue .
Nothing is being done in blue states , @ @ @ @ @ @ @ bait and deploy military forces .
If he does that , then he owns the consequences , rather than these chickenshit and traitorous governors , and these same states will then beat his ass to death in the media , claiming that he is usurping states ’ rights by using military force against the wishes of the states .
Trump is correct in not taking this bait , but the downside of it is that people who misunderstand the states ’ role in their use of their national guard will accuse Trump of @ @ @ @ @ @ @ that card too , in order to sway voters .
What ’ s going on in Seattle is the State of Washinton ’ s problem to solve , not the federal government .
Don ’ t think for a minute that the lack of any meaningful action on the part of the left is anything but a calculated move in these blue states .
This is all about GET TRUMP .
It ’ s never been about anything else .

by QuantumLove
THIS IS BAIT for PDJT(President DJT).
Just in case anyone needs a primer, under our system of government, use of the national guard in a state is the responsibility of that state’s governor.
Many people believe that the president is the one who activates the guard for things like this. He can FEDERALIZE the guard, and bring them under his command, but it’s not his place to activate them for use when dealing with a state issue.
Nothing is being done in blue states, because they WANT Trump to take the bait and deploy military forces.
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If he does that, then he owns the consequences, rather than these chickenshit and traitorous governors, and these same states will then beat his ass to death in the media, claiming that he is usurping states’ rights by using military force against the wishes of the states.
Trump is correct in not taking this bait, but the downside of it is that people who misunderstand the states’ role in their use of their national guard will accuse Trump of doing nothing. The left will play that card too, in order to sway voters.
What’s going on in Seattle is the State of Washinton’s problem to solve, not the federal government. Don’t think for a minute that the lack of any meaningful action on the part of the left is anything but a calculated move in these blue states.
This is all about GET TRUMP. It’s never been about anything else.


investmentwatchblog--2020-06-18--Highest Crime Cities in America, Party of Mayor:

It ’ s almost as if Republicans and conservatives aren ’ t the problem .
LEFTY EUPHEMISM ALERT : CHOP @ @ @ @ @ Donation ’ as Cuomo Says Some People ‘ Shouldn ’ t Have ’ Police .
@ @ @ @ @ s Murder Rate Is Up .
Way Up .
California law would make it a @ @ @ @ @ because of a person ’ s race WE HAVE THE WORST POLITICAL CLASS EVER , @ @ @ @ @ ARE POLITICAL : Police Violence , COVID-19 Lies , and the End of Legitimate Authority @ @ @ @ @ institutions are failing us spectacularly .
It ’ s up to us to reboot society @ @

I’M STARTING TO DETECT A PATTERN:
1. St. Louis, Democrat
2. Detroit, Democrat
3. Baltimore, Democrat
4. Memphis, Democrat
5. Kansas City, Democrat
6. Little Rock, Democrat
7. Milwaukee, Democrat
8. Rockford, Democrat
9. Cleveland, Democrat
10. Stockton, Democrat
Highest Crime Cities in America, Party of Mayor: 1. St. Louis, Democrat
2. Detroit, Democrat
3. Baltimore, Democrat
4. Memphis, Democrat
5. Kansas City, Democrat
6. Little Rock, Democrat
7. Milwaukee, Democrat
8. Rockford, Democrat
9. Cleveland, Democrat
10. Stockton, Democrat — Cassandra (@CassyWearsHeels) June 18, 2020
It’s almost as if Republicans and conservatives aren’t the problem.
Related:
LEFTY EUPHEMISM ALERT: CHOP Cheers Theft… er… ‘Unplanned Donation’ as Cuomo Says Some People ‘Shouldn’t Have’ Police.
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UNEXPECTEDLY: New York’s Murder Rate Is Up. Way Up.
California law would make it a hate crime to call 911 because of a person’s race
WE HAVE THE WORST POLITICAL CLASS EVER, AND ALL OUR MANAGERIAL CLASSES ARE POLITICAL: Police Violence, COVID-19 Lies, and the End of Legitimate Authority. “Our leaders and institutions are failing us spectacularly. It’s up to us to reboot society.”
h/t SG


investmentwatchblog--2020-06-18--Kayleigh McEnany blasts John Bolton’s ‘debunked’ book

Bolton had no less than 6 opportunities to testify under oath about anything during the Mueller debacle .
He turned @ @ @ @

Bolton had no less than 6 opportunities to testify under oath about anything during the Mueller debacle. He turned them all down.
Such a douche.
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AC


investmentwatchblog--2020-06-18--[Project Veritas] Internal facebook document leads to suspension of account involved in H-1B policy

[Project Veritas] Internal facebook document leads to suspension of account involved in H-1B policy doc, even though facebook says leaked document is fake… if it was fake. Why suspend the account?

POTUS needs to get on this shit .
These visas were a big voting issue for me in 2016 .
@ @ @ @ @ pondering HRC of course , but this was up there with illegal immigration for me @ @ @ @ @ being applied in the spirit of how they ’ re advertised .
They never have @ @ @ @ @ be .
They need to go away .

POTUS needs to get on this shit. These visas were a big voting issue for me in 2016. Not that I was even pondering HRC of course, but this was up there with illegal immigration for me. These visas are not being applied in the spirit of how they’re advertised. They never have been and they never will be. They need to go away.
We are primarily funded by readers. Please subscribe and donate to support us!
AC


investmentwatchblog--2020-06-18--Arizona expected to be “one of the hardest-hit regions in the world.”… California sets a record numb

Arizona expected to be “one of the hardest-hit regions in the world.”… California sets a record number of cases amid reopening

Arizona expected to be “ one of the hardest-hit regions in the world.
” A Harvard University epidemiologist as been crunching the numbers of COVID-19 cases since this pandemic began .
Now , he ’ s taking a harder look at the rise in cases in Arizona .
Dr. Eric Feigl-Ding says Arizona holds new records for cases , positivity percentages , hospitalizations and ICU beds in use .
“ Arizona is the currently the worst off , ” Feigl-Ding said , adding , “ In terms of a per capita basis , on a 7-day average , Arizona has @ @ @ @ @ @ @ ranks number one.
” On Twitter Tuesday night , he posted a number of graphs showing COVID-19 cases in Arizona , sparking a conversation about the state ’ s residents and leaders .
California registered a record 4,165 new coronavirus cases Wednesday amid the state ’ s allowance to reopen local economies in several counties .
Most recent data surpassed the previous single-day high of 3,802 new cases reported on June 12 , and brings the state ’ s total to 163,211 cases .
With 80 new deaths recorded , 5,279 people have @ @ @ @ @ @ @ Since the beginning of the month , several Bay Area counties have allowed operations to resume for outdoor dining , salons and other businesses despite growing concern that the state has failed to contain the first wave of the pandemic .
In Marin , cases spiked since the beginning of June , likely a result of the recent outbreak at San Quentin State Prison , where the number of inmates who have tested positive for COVID-19 rose from 26 on June 10 to 47 on June 17 .
Cases in the county rose @ @ @ @ @ @ @ cases at the start of the month to 23 , as of Wednesday .

Arizona expected to be “one of the hardest-hit regions in the world.”
A Harvard University epidemiologist as been crunching the numbers of COVID-19 cases since this pandemic began. Now, he’s taking a harder look at the rise in cases in Arizona.
Dr. Eric Feigl-Ding says Arizona holds new records for cases, positivity percentages, hospitalizations and ICU beds in use.
“Arizona is the currently the worst off,” Feigl-Ding said, adding, “In terms of a per capita basis, on a 7-day average, Arizona has 212 cases per million population and Arizona ranks number one.”
On Twitter Tuesday night, he posted a number of graphs showing COVID-19 cases in Arizona, sparking a conversation about the state’s residents and leaders.
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Sad day: ARIZONA has crossed the rubicon… its epidemic now exceeds Brazil and Peru to be one of the hardest hit regions in the world. Exceeding all European countries as well. Today: Record cases, record positivity %, record ER, record hospitalizations, record ICU. #COVID19 pic.twitter.com/czTCaSeOJ4 — Eric Feigl-Ding (@DrEricDing) June 17, 2020
Coronavirus: California sets a record number of cases amid reopening
California registered a record 4,165 new coronavirus cases Wednesday amid the state’s allowance to reopen local economies in several counties.
Most recent data surpassed the previous single-day high of 3,802 new cases reported on June 12, and brings the state’s total to 163,211 cases. With 80 new deaths recorded, 5,279 people have died in California due to COVID-19.
Since the beginning of the month, several Bay Area counties have allowed operations to resume for outdoor dining, salons and other businesses despite growing concern that the state has failed to contain the first wave of the pandemic.
In Marin, cases spiked since the beginning of June, likely a result of the recent outbreak at San Quentin State Prison, where the number of inmates who have tested positive for COVID-19 rose from 26 on June 10 to 47 on June 17. Cases in the county rose from a seven-day average of 12 new cases at the start of the month to 23, as of Wednesday.


investmentwatchblog--2020-06-18--WARNING: The U.S. Banking System ISN’T as Strong as Advertised

Despite a year of tumult on Wall Street and Main Street , the banking system seems to be holding up remarkably well… for now .
Whereas previous financial crises were marked by a surge in bank failures , hardly any have gone under so far in 2020 .
The Federal Deposit Insurance Corporation ( FDIC ) reports that only 1 % of FDIC-insured banks are on the “ problem list ” for financial weakness .
“ Banks are safe , ” according to FDIC chair Jelena McWilliams .
“ There are no concerns for depositors.
” No concerns ?
We @ @ @ @ @ @ @ for banks and savings institutions plummeted 69.6 % compared to the year prior , based on the FDIC ’ s own data .
Meanwhile , risks in the mortgage and corporate debt markets continue to mount amid an uncertain post-lockdown economic future .
In 2007 , leading up to the meltdown of 2008 , banks had loaded up on collateralized debt obligations ( CDOs ) .
When housing prices headed down , CDO bundles of mortgage debt that appeared to be safe because they were diversified were suddenly exposed as vulnerable to the @ @ @ @ @ @ @ .
After Lehman Brothers went bust , the Treasury Department and Federal Reserve took drastic emergency action to shore up the “ too big to fail ” banks and avert a total collapse of the financial system .
Fast forward to 2020 and the banks are sitting on more than $ 1 trillion in corporate debt bundles knowns as collateralized loan obligations ( CLOs ) .
A wave of defaults in the corporate debt market may have begun earlier this year with energy companies and is likely to continue spreading as the economy @ @ @ @ @ @ @ Holding wealth in a bank or brokerage account carries both obvious and hidden risks .
Even though the risk of losing everything in a failure may appear right now to be small ( the FDIC boasts a $ 110 billion backup fund ) , it ’ s possible to lose money in financial institutions in a number of other ways .
One potential risk that looms is that of negative interest rates .
It ’ s not merely theoretical .
Rates actually have turned negative across much of Europe , forcing account holders @ @ @ @ @ @ @ pay issuers ) for the privilege of holding onto their wealth .
U.S. Federal Reserve officials insist they have no intention of pursuing negative rates .
But that can all change if a new financial crisis hits .
With rates already stuck near zero , any “ emergency ” rate cut would push them into negative territory .
Regardless , the Fed knows that manipulating interest rates wouldn ’ t be enough to save a troubled banking system .
Even before the Fed slashed rates to zero in March… and even before virus @ @ @ @ @ @ @ Fed had already been bailing out the banking system .
The Fed started aggressively pumping liquidity into the so-called “ repo ” market in the third quarter of 2019 .
Many analysts believe the mysterious freezing up of this overnight lending market was caused by a loss of confidence in one or more major banks that cascaded until the entire market ceased functioning normally .
Since then , the Fed has ballooned its balance sheet by $ 3.5 trillion .
This extreme new version of “ Quantitative Easing ” ( to infinity ) @ @ @ @ @ @ @ pause .
The currency is being debased and this ultra-low rate environment offers virtually no protection .
Holders of savings accounts , CDs , and most bonds across the yield curve stand to incur real losses of purchasing power .
They may be relatively small in any one year , but compounded losses could be staggering over time – especially if inflation begins to accelerate .
In this dangerous environment for the banking system and the Federal Reserve Note itself , holding some wealth in the form tangible assets is a must for @ @ @ @ @ @ @ risk .
When all else fails physical gold and silver serve as the ultimate money – no default risk , no counterparty risk , no risk of being “ printed ” into worthlessness .
However , if you hold precious metals via exchange-traded or derivative products , or within a bank account or vault , then you are partially defeating the purpose .
You are effectively putting your gold and silver at risk if something goes wrong in the financial system .
A few years ago , the investment banking firm MF Global @ @ @ @ @ @ @ the gold bullion it supposedly held on behalf of customers .
In reality , customers held gold “ accounts , ” or credit claims on MF Global .
These account holders eventually got back only a fraction of the gold they thought they had owned .
The last thing you ’ d want to do with precious metals that are intended to protect you from risks in the financial system is give up control of your holdings to banks or brokerage firms .
Even safe-deposit boxes at banks should be avoided when it @ @ @ @ @ @ @ banks have policies that explicitly prohibit gold bullion storage .
Regardless , your gold would be at risk in the event the bank goes under or gets raided by government agents .
The portion of your gold and silver stash you don ’ t want to store yourself should be stored through a high-security , reputable vaulting service such as Money Metals Exchange ’ s Vault Metals .
Vault Gold , Vault Silver , and Vault Platinum are simple and transparent – the very opposite of paper derivatives such as futures contracts or @ @ @ @ @ @ @ securely stored , documented , and available to liquidate at market rates without encumbrances .
Another great option is physically segregated storage of your coins , bars , and rounds held at Money Metals Depository in Idaho .
However you choose to do it , physical ownership of precious metals will give you true independence from the financial system and full protection from a collapse in the value of the U.S. dollar .

by: Stefan Gleason
Despite a year of tumult on Wall Street and Main Street, the banking system seems to be holding up remarkably well… for now.
Whereas previous financial crises were marked by a surge in bank failures, hardly any have gone under so far in 2020. The Federal Deposit Insurance Corporation (FDIC) reports that only 1% of FDIC-insured banks are on the “problem list” for financial weakness.
“Banks are safe,” according to FDIC chair Jelena McWilliams. “There are no concerns for depositors.”
No concerns? We beg to differ.
First quarter earnings for banks and savings institutions plummeted 69.6% compared to the year prior, based on the FDIC’s own data. Meanwhile, risks in the mortgage and corporate debt markets continue to mount amid an uncertain post-lockdown economic future.
In 2007, leading up to the meltdown of 2008, banks had loaded up on collateralized debt obligations (CDOs). When housing prices headed down, CDO bundles of mortgage debt that appeared to be safe because they were diversified were suddenly exposed as vulnerable to the systemic risk of a collapsing asset class.
After Lehman Brothers went bust, the Treasury Department and Federal Reserve took drastic emergency action to shore up the “too big to fail” banks and avert a total collapse of the financial system.
Fast forward to 2020 and the banks are sitting on more than $1 trillion in corporate debt bundles knowns as collateralized loan obligations (CLOs).
A wave of defaults in the corporate debt market may have begun earlier this year with energy companies and is likely to continue spreading as the economy remains severely hampered by virus restrictions.
Holding wealth in a bank or brokerage account carries both obvious and hidden risks. Even though the risk of losing everything in a failure may appear right now to be small (the FDIC boasts a $110 billion backup fund), it’s possible to lose money in financial institutions in a number of other ways.
One potential risk that looms is that of negative interest rates. It’s not merely theoretical. Rates actually have turned negative across much of Europe, forcing account holders to pay banks (and bondholders to pay issuers) for the privilege of holding onto their wealth.
U.S. Federal Reserve officials insist they have no intention of pursuing negative rates. But that can all change if a new financial crisis hits. With rates already stuck near zero, any “emergency” rate cut would push them into negative territory.
Regardless, the Fed knows that manipulating interest rates wouldn’t be enough to save a troubled banking system. Even before the Fed slashed rates to zero in March… and even before virus fears crashed the stock market, the Fed had already been bailing out the banking system.
The Fed started aggressively pumping liquidity into the so-called “repo” market in the third quarter of 2019. Many analysts believe the mysterious freezing up of this overnight lending market was caused by a loss of confidence in one or more major banks that cascaded until the entire market ceased functioning normally.
We are primarily funded by readers. Please subscribe and donate to support us!
Since then, the Fed has ballooned its balance sheet by $3.5 trillion.
This extreme new version of “Quantitative Easing” (to infinity) should give all holders of U.S. dollars pause. The currency is being debased and this ultra-low rate environment offers virtually no protection.
Holders of savings accounts, CDs, and most bonds across the yield curve stand to incur real losses of purchasing power. They may be relatively small in any one year, but compounded losses could be staggering over time – especially if inflation begins to accelerate.
In this dangerous environment for the banking system and the Federal Reserve Note itself, holding some wealth in the form tangible assets is a must for investors who want to hedge against systemic risk.
When all else fails physical gold and silver serve as the ultimate money – no default risk, no counterparty risk, no risk of being “printed” into worthlessness.
However, if you hold precious metals via exchange-traded or derivative products, or within a bank account or vault, then you are partially defeating the purpose. You are effectively putting your gold and silver at risk if something goes wrong in the financial system.
A few years ago, the investment banking firm MF Global ran into financial trouble and defaulted on the gold bullion it supposedly held on behalf of customers.
In reality, customers held gold “accounts,” or credit claims on MF Global. These account holders eventually got back only a fraction of the gold they thought they had owned.
The last thing you’d want to do with precious metals that are intended to protect you from risks in the financial system is give up control of your holdings to banks or brokerage firms.
Even safe-deposit boxes at banks should be avoided when it comes to precious metals storage. Some banks have policies that explicitly prohibit gold bullion storage. Regardless, your gold would be at risk in the event the bank goes under or gets raided by government agents.
The portion of your gold and silver stash you don’t want to store yourself should be stored through a high-security, reputable vaulting service such as Money Metals Exchange’s Vault Metals.
Vault Gold, Vault Silver, and Vault Platinum are simple and transparent – the very opposite of paper derivatives such as futures contracts or ETFs. Every ounce clients own is securely stored, documented, and available to liquidate at market rates without encumbrances.
Another great option is physically segregated storage of your coins, bars, and rounds held at Money Metals Depository in Idaho.
However you choose to do it, physical ownership of precious metals will give you true independence from the financial system and full protection from a collapse in the value of the U.S. dollar.


investmentwatchblog--2020-06-18--The DOJ proposes new legislation that would hold Facebook, Google and Twitter liable for harmful con

The DOJ proposes new legislation that would hold Facebook, Google and Twitter liable for harmful content posted by users

Lawmakers want to roll back the legal shield for Big Tech Senator Hawley , one of the key people who sponsored the bill , said in a statement that “ for too long , Big Tech companies like Twitter , Google and Facebook have used their power to silence political speech from conservatives without any recourse for users .
Section 230 has been stretched and rewritten by courts to give these companies outlandish power over speech without accountability .
Congress should act to ensure bad actors are not given a free pass to censor and silence their opponents.
” Interestingly @ @ @ @ @ @ @ services that have more than 30 million monthly users in the US or 300 million monthly users worldwide , as well as more than $ 1.5 billion in global revenue , which is to say that it won ’ t apply to smaller companies .
The thinking is that small companies don ’ t have the financial and legal muscle to defend themselves against meritless lawsuits while they ’ re trying to grow their user base .
It ’ s a blanket permit to sensor everything .
Ups might be offence will be @ @ @ @ @ @ @ headline is too red… .
or to black or to white color… blocked .

Lawmakers want to roll back the legal shield for Big Tech
Senator Hawley, one of the key people who sponsored the bill, said in a statement that “for too long, Big Tech companies like Twitter, Google and Facebook have used their power to silence political speech from conservatives without any recourse for users. Section 230 has been stretched and rewritten by courts to give these companies outlandish power over speech without accountability. Congress should act to ensure bad actors are not given a free pass to censor and silence their opponents.”
Interestingly, the legislation will only apply to services that have more than 30 million monthly users in the US or 300 million monthly users worldwide, as well as more than $1.5 billion in global revenue, which is to say that it won’t apply to smaller companies. The thinking is that small companies don’t have the financial and legal muscle to defend themselves against meritless lawsuits while they’re trying to grow their user base.
We are primarily funded by readers. Please subscribe and donate to support us!
www.techspot.com/news/85676-doj-proposes-new-legislation-would-hold-facebook-google.html
It’s a blanket permit to sensor everything. Ups might be offence will be a new norm…. color of your headline is too red…. or to black or to white color… blocked.
AC


investmentwatchblog--2020-06-18--The Great Reset – The Final Battle Against Marxists

The rising civil unrest is starting to take notice of Bill Gates and his consortium hell-bent on changing the world economy .
They have used the coronavirus as a ploy to shut down the world economy all for their Climate Change Agenda .
There is a mountain of circumstantial evidence that points to Fauci funding the creation of this virus and transferring it to the Wuhan lab where neither China nor the United States leaked it , but this consortium which has planned this Event 201 on how to destroy the world economy and rebuild it from scratch .
They @ @ @ @ @ @ @ assuming they can wipe out over 300 million jobs and then pay people to sit home and watch TV , where they recreate the world in their own image which they are promoting as the Great Reset .
This has all been planned and it is being promoted by the infamous Davos — World Economic Forum .
These people are all elitists who would never walk among us who they consider the great unwashed .
They have unleashed domestic violence in the world and encouraged all the suicides by imprisoning people and stripping @ @ @ @ @ @ @ view is that the world is overpopulated , so thinning the herd to save the planet is justified and not genocide and Bill Gates sees no problem that 700,000 people may die from his vaccine which is an acceptable risk for him .
Meanwhile , they use the media to blame Trump for 100,000 deaths as if Gates ’ vaccine would save them .
Countries like Thailand saw their tourist trade collapse and countless food lines , all for a fake virus .
These elitists have used the press to terrorize the people @ @ @ @ @ @ @ world economy as “ greener , smarter , and fairer.
” The World Economic Forum is promoting a Marxist agenda with a 50-page manifesto organized by the communist Thomas Piketty .
The Forum promotes a new Marxist world , calling upon Piketty ’ s “ urgent new message on how to fight inequality ” where they want to attack anyone with wealth .
Their proposal for Europe is to increase taxation by 400 % !
Karl Marx tried this before and over 200 million people lost their lives .
This is what Socrates @ @ @ @ @ @ @ Western Society .
This new report puts the faces behind the plot and this is the fight between human rights and oppression .

by Martin Armstrong
The rising civil unrest is starting to take notice of Bill Gates and his consortium hell-bent on changing the world economy. They have used the coronavirus as a ploy to shut down the world economy all for their Climate Change Agenda. There is a mountain of circumstantial evidence that points to Fauci funding the creation of this virus and transferring it to the Wuhan lab where neither China nor the United States leaked it, but this consortium which has planned this Event 201 on how to destroy the world economy and rebuild it from scratch. They are already introducing Guaranteed Basic Income, assuming they can wipe out over 300 million jobs and then pay people to sit home and watch TV, where they recreate the world in their own image which they are promoting as the Great Reset.
This has all been planned and it is being promoted by the infamous Davos — World Economic Forum. These people are all elitists who would never walk among us who they consider the great unwashed. They have unleashed domestic violence in the world and encouraged all the suicides by imprisoning people and stripping them of all human rights. Their view is that the world is overpopulated, so thinning the herd to save the planet is justified and not genocide and Bill Gates sees no problem that 700,000 people may die from his vaccine which is an acceptable risk for him. Meanwhile, they use the media to blame Trump for 100,000 deaths as if Gates’ vaccine would save them.
We are primarily funded by readers. Please subscribe and donate to support us!
Countries like Thailand saw their tourist trade collapse and countless food lines, all for a fake virus. These elitists have used the press to terrorize the people to achieve their goal to recreate the world economy as “greener, smarter, and fairer.” The World Economic Forum is promoting a Marxist agenda with a 50-page manifesto organized by the communist Thomas Piketty. The Forum promotes a new Marxist world, calling upon Piketty’s “urgent new message on how to fight inequality” where they want to attack anyone with wealth. Their proposal for Europe is to increase taxation by 400%!
Karl Marx tried this before and over 200 million people lost their lives. This is what Socrates has been forecasting — the destruction of Western Society. This new report puts the faces behind the plot and this is the fight between human rights and oppression.


investmentwatchblog--2020-06-18--One Crisis Is Manageable. Five Might Not Be

World War One was the most destructive conflict in human history .
But before it ended , the Spanish flu came along and claimed an even greater number of victims .
A decade later the Great Depression bankrupted millions .
But before our grandparents could dig their way out , World War II dragged them into something even worse .
Why bring up these past examples of multi-part crises ?
Because the universe seems to like them .
And we seem to be entering another one .
Though it ’ s been largely forgotten in all the recent turmoil , @ @ @ @ @ @ @ crisis last year , as the repo market – where banks lend money to each other – locked up , forcing the Fed to reinstitute quantitative easing .
The following chart screams “ emergency !
” .
Then came the pandemic , which sent the global economy into freefall .
The Atlanta Fed ’ s GDPNow reading currently shows the US contracting at an annual rate of over 45 % .
Then riots – initiated by the latest police brutality video but sustained by the frustration of a three-month lockdown in which millions @ @ @ @ @ @ @ — erupted in US cities .
Now fully reopening the economy is both more complicated and a lot less certain .
Too much of a bad thing One of these problems would have been manageable ( note in retrospect how smoothly the Fed handled the repo thing in late 2019 ) .
Two would have been tougher but doable , with the right combination of focus and humility .
Three at the same time might test the system ’ s tolerance .
So here we are .
The Fed can ’ t print @ @ @ @ @ @ @ die .
The police can ’ t stop riots without shooting the rioters .
Corporate profits are cratering with no obvious path to recovery .
Stock markets are up , but only because financial asset prices are the sole part of the current mess that monetary policy can influence .
Most Americans are no doubt praying that this is it for a while because really , our plate is more than full and we don ’ t deserve any more abuse .
But the universe , don ’ t forget , has a @ @ @ @ @ @ @ might have a few more surprises up its sleeve .
Consider : Indian and Chinese troops are pouring into a disputed border region and are now apparently killing each other in hand-to-hand combat .
Why ?
One plausible explanation is that China views the US and India ( along with Hong Kong and Taiwan ) as hobbled by the pandemic and therefore less able than usual to defend their interests , and is taking the opportunity to settle some scores .
This might be an issue for the US because 1 ) China @ @ @ @ @ @ @ 2 ) the neocon psychos who still wield influence in the US deep state have never seen a foreign conflict they didn ’ t want to exploit .
Watch them demand that we get involved .
But wait , there ’ s more .
China vs India is the most newsworthy current conflict , but not the only one .
See Rumors Of Wars : China , India , North Korea , South Korea , Israel And Turkey All Move Toward War .
And last but not least , the US is now @ @ @ @ @ @ @ the prospect of mass-evacuations during a pandemic : ( Phys.org ) – When extreme climate conditions interact with stressors to social systems , such as the COVID-19 pandemic , the consequences could be severe .
The authors focused on four main sectors—food , water , health and infrastructure—where connected extremes often lead to unforeseen impacts .
A present example could be the COVID-19 pandemic and the current hurricane season , says Thomas Wahl , an assistant professor in UCF ’ s Department of Civil , Environmental and Construction Engineering .
“ The COVID-19 @ @ @ @ @ @ @ associated with the climatic extreme events that will inevitably occur somewhere across the globe over the next weeks or months or already have occurred , ” Wahl says .
“ For example , shelters can not operate at full capacity , health care systems are already under pressure , and emergency funds are depleted.
” Imagine the West Coast battling monster fires like last year ’ s while a Cat-5 hurricane bears down on Miami — at a time when pandemic , depression , and civil unrest still rage .
And toss in @ @ @ @ @ @ @ The result will be more complicated than even the past few months .
Now , a reasonable response to this seeming obsession with future threats would be to quote the Biblical verse “ Sufficient unto the day is the evil thereof ” and then go back to focusing on health , safety , and peace .
But this is a financial site and a flock of black swans still on approach vector has investment implications .
Put simply , how can anyone be buying growth stocks and ignoring gold in this world ?

BY JOHN RUBINO
World War One was the most destructive conflict in human history. But before it ended, the Spanish flu came along and claimed an even greater number of victims.
A decade later the Great Depression bankrupted millions. But before our grandparents could dig their way out, World War II dragged them into something even worse.
Why bring up these past examples of multi-part crises? Because the universe seems to like them. And we seem to be entering another one.
Though it’s been largely forgotten in all the recent turmoil, the US financial system was already in crisis last year, as the repo market – where banks lend money to each other – locked up, forcing the Fed to reinstitute quantitative easing. The following chart screams “emergency!”.
Then came the pandemic, which sent the global economy into freefall. The Atlanta Fed’s GDPNow reading currently shows the US contracting at an annual rate of over 45%.
Then riots – initiated by the latest police brutality video but sustained by the frustration of a three-month lockdown in which millions lost their livelihoods while under house arrest — erupted in US cities. Now fully reopening the economy is both more complicated and a lot less certain.
Too much of a bad thing
One of these problems would have been manageable (note in retrospect how smoothly the Fed handled the repo thing in late 2019). Two would have been tougher but doable, with the right combination of focus and humility. Three at the same time might test the system’s tolerance.
So here we are. The Fed can’t print new small businesses once the existing ones die. The police can’t stop riots without shooting the rioters. Corporate profits are cratering with no obvious path to recovery. Stock markets are up, but only because financial asset prices are the sole part of the current mess that monetary policy can influence.
We are primarily funded by readers. Please subscribe and donate to support us!
Most Americans are no doubt praying that this is it for a while because really, our plate is more than full and we don’t deserve any more abuse. But the universe, don’t forget, has a nasty sense of humor. So it might have a few more surprises up its sleeve. Consider:
Indian and Chinese troops are pouring into a disputed border region and are now apparently killing each other in hand-to-hand combat. Why? One plausible explanation is that China views the US and India (along with Hong Kong and Taiwan) as hobbled by the pandemic and therefore less able than usual to defend their interests, and is taking the opportunity to settle some scores.
This might be an issue for the US because 1) China and India are nuclear powers, and 2) the neocon psychos who still wield influence in the US deep state have never seen a foreign conflict they didn’t want to exploit. Watch them demand that we get involved.
But wait, there’s more. China vs India is the most newsworthy current conflict, but not the only one. See Rumors Of Wars: China, India, North Korea, South Korea, Israel And Turkey All Move Toward War.
And last but not least, the US is now entering its hurricane/wildfire season, which raises the prospect of mass-evacuations during a pandemic:
Hurricane season combined with COVID-19 pandemic could create perfect storm (Phys.org) – When extreme climate conditions interact with stressors to social systems, such as the COVID-19 pandemic, the consequences could be severe. The authors focused on four main sectors—food, water, health and infrastructure—where connected extremes often lead to unforeseen impacts. A present example could be the COVID-19 pandemic and the current hurricane season, says Thomas Wahl, an assistant professor in UCF’s Department of Civil, Environmental and Construction Engineering. “The COVID-19 crisis will very likely increase the impacts associated with the climatic extreme events that will inevitably occur somewhere across the globe over the next weeks or months or already have occurred,” Wahl says. “For example, shelters cannot operate at full capacity, health care systems are already under pressure, and emergency funds are depleted.”
Imagine the West Coast battling monster fires like last year’s while a Cat-5 hurricane bears down on Miami — at a time when pandemic, depression, and civil unrest still rage. And toss in a presidential election just for fun. The result will be more complicated than even the past few months.
Now, a reasonable response to this seeming obsession with future threats would be to quote the Biblical verse “Sufficient unto the day is the evil thereof” and then go back to focusing on health, safety, and peace.
But this is a financial site and a flock of black swans still on approach vector has investment implications. Put simply, how can anyone be buying growth stocks and ignoring gold in this world?


investmentwatchblog--2020-06-18--One Weird Sign Of Trouble In The Banking Sector

It was only a few generations ago that most people spent their entire lives within a few miles of where they were born .
They grew up , lived , worked , and retired , all in the same place .
And that was normal .
Travel and relocation didn ’ t really become commonplace until after World War II .
But even then , the most common reason people moved was because of a job .
And it has remained that way for decades ; people tend to choose where they live because it ’ s close to the @ @ @ @ @ @ @ that ’ s a completely outdated model , and I ’ ve been writing about this for years : It ’ s the 21st century .
Whether they realize it or not , countless people have the flexibility to live wherever they want ( within reason ) while still being able to do their jobs .
Few people ever thought about this… until Covid .
And then suddenly tens of millions of people were forced to work from home .
I have no doubt a lot of people hated every minute of it @ @ @ @ @ @ @ they need a refuge… a daily escape , to be around other people in an environment outside of the home .
But others absolutely loved it .
No more commute , no traffic , more time with the family .
One of my attorneys has an office in midtown Manhattan , but he lives in Connecticut .
He told me that working from home saved him more than 2 hours a day .
He ’ s far from alone , and there are millions of people right now who are finally realizing the @ @ @ @ @ @ @ working from home , why bother even staying in the same city ?
Or the same state ?
Or even the same country ?
Covid was the final spark of what will be a demographic megatrend : a great migration .
And most likely the migration vector will be from high cost , high tax places ( like New York ) to low cost , low tax places ( Florida ) .
Why deal with the taxes , socialism , and obscene costs of Manhattan when you can spend half the price , @ @ @ @ @ @ @ live on the beach in Clearwater , Florida ?
( Or pay almost no tax whatsoever and live on the beach here in Puerto Rico ? )
And these same trends will hold worldwide .
There will be people who leave London for the English countryside… or Iberian coastline .
And others who leave high-priced , highly-taxed Sydney so they can work remotely from Bali .
With this migration mega-trend in mind , my team and I have been sourcing residential real estate over the past few months , specifically looking at undervalued @ @ @ @ @ @ @ jurisdictions .
both inside and outside the United States .
Within the US , Texas is one obvious candidate .
The state ’ s lockdown rules were far less Draconian than they were in other parts of the country .
There ’ s no state income tax .
Living costs in Texas are much lower than in most of the US .
And there are plenty of wide-open spaces .
It ’ s a strong choice for anyone looking to relocate while remaining in the US .
Someone from Silicon Valley , for @ @ @ @ @ @ @ California , buy a place outside of Austin , Texas ( which is another prominent tech hub ) for a fraction of the price , pocket the difference , and save another 30 % of their paycheck between the tax savings and lower cost of living .
So Texas is one of the places that I ’ ve been looking for undervalued properties .
It ’ s an interesting time to be in the market as well , because while the demographic trend is just starting , there ’ s a reasonable amount @ @ @ @ @ @ @ Plenty of people have lost their jobs , or lost their businesses… forcing them to liquidate some assets and sell their real estate for cheap .
This means that there are opportunities to buy cheap right now , while there ’ s plenty of long-term upside because of this migration trend .
So with all that in mind , my team and I found one such property in Texas that was in distress .
It was a sprawling estate of nearly 20,000 square feet on more than 3 acres , located on the @ @ @ @ @ @ @ from Austin .
The appraised value was more than $ 12 million , and even in a difficult market it should be worth at least $ 6 million .
But the property was being auctioned off , with the high bid just $ 3.25 million .
The auction closed yesterday ; I ’ m very experienced in auctions and never overpay beyond what I think an asset is worth , so I was slightly outbid by another participant yesterday and did not win the auction .
But I have no doubt there will @ @ @ @ @ @ @ .
One interesting thing we found out , however , had to do with the banks .
My original plan ( if I had won the auction ) would have been to pay cash for the property .
And then , eventually , refinance it with a local bank to pull my original funds out .
Most mortgages in the US tend to fall under ‘ conforming ’ loan rules that are set by federal housing agencies like Fannie Mae and Freddie Mac .
If you ’ ve not heard of those , @ @ @ @ @ @ @ private companies that are fully backed by the federal government .
Their mission is to buy mortgages from banks across the US , effectively helping to replenish the banks ’ capital so they can make more loans .
Fannie Mae and Freddie Mac issue very strict guidelines to banks , stipulating exactly the terms under which they will buy a mortgage .
And mortgages that fit those criteria are known as ‘ conforming ’ .
For example , a conforming mortgage must be under a certain amount– and the federal housing agencies have @ @ @ @ @ @ @ For most of the country , the maximum loan limit is $ 510,400 for a single family home , but for specific counties the limit may be higher .
In Los Angeles , for example , the limit is $ 765,600 .
And there are other requirements for a conforming loan , such as a borrower ’ s credit score , the ‘ loan to value ’ ratio , etc .
The point is that banks are able to sell their conforming loans to these government ( ish ) agencies , making the @ @ @ @ @ @ @ .
This didn ’ t used to be the case .
Long ago , banks would sit on their mortgages for the full 30 years and make their money on the interest payments .
These days , banks are just useless middlemen .
They write a loan and almost immediately flip it to the government .
And instead of making their money on the interest payments , they charge all sorts of origination fees , funding fees , ‘ points ’ , etc .
Mortgages that don ’ t meet the ‘ conforming @ @ @ @ @ @ @ ’ t be as easily flipped… and that means the bank actually has to be willing to hold the loan on its books and collect interest .
And this terrifies banks .
God forbid they actually have to do real bank business !
That ’ s what I found so interesting .
I had one of my associates call several banks in the area to inquire about their lending terms .
Some of them were local banks , some were national banks ( like our old favorite Wells Fargo ) with local branches @ @ @ @ @ @ @ bank told us , “ Yeah , we ’ re just not doing jumbo loans… ” This is pretty incredible .
Since jumbo loans are not conforming ( i.e .
they can ’ t be flipped , risk-free , to the government ) , the jumbo mortgage market represents a more honest indicator of lending conditions .
So the fact that these banks are simply NOT making jumbo loans is very interesting .
It suggests : According to the Wall Street Journal , for example , Americans have skipped payments on more than @ @ @ @ @ @ @ That ’ s debilitating for banks .
And this jumbo issue we came across over the past few days is just another sign of trouble lurking beneath the surface .
On another note… We think gold could DOUBLE and silver could increase by up to 5 TIMES in the next few years .
That ’ s why we published a new , 50-page long Ultimate Guide on Gold & Silver that you can download here .

Authored by Simon Black via SovereignMan.com,
It was only a few generations ago that most people spent their entire lives within a few miles of where they were born.
They grew up, lived, worked, and retired, all in the same place. And that was normal.
Travel and relocation didn’t really become commonplace until after World War II. But even then, the most common reason people moved was because of a job.
And it has remained that way for decades; people tend to choose where they live because it’s close to the place that they work.
But honestly that’s a completely outdated model, and I’ve been writing about this for years:
It’s the 21st century. Whether they realize it or not, countless people have the flexibility to live wherever they want (within reason) while still being able to do their jobs.
Few people ever thought about this… until Covid. And then suddenly tens of millions of people were forced to work from home.
I have no doubt a lot of people hated every minute of it. Some people are wired that way– they need a refuge… a daily escape, to be around other people in an environment outside of the home.
But others absolutely loved it. No more commute, no traffic, more time with the family.
One of my attorneys has an office in midtown Manhattan, but he lives in Connecticut. He told me that working from home saved him more than 2 hours a day.
He’s far from alone, and there are millions of people right now who are finally realizing the same thing.
If they can continue working from home, why bother even staying in the same city? Or the same state? Or even the same country?
Covid was the final spark of what will be a demographic megatrend: a great migration.
And most likely the migration vector will be from high cost, high tax places (like New York) to low cost, low tax places (Florida).
Why deal with the taxes, socialism, and obscene costs of Manhattan when you can spend half the price, pay no state income tax, and live on the beach in Clearwater, Florida? (Or pay almost no tax whatsoever and live on the beach here in Puerto Rico?)
And these same trends will hold worldwide. There will be people who leave London for the English countryside… or Iberian coastline.
And others who leave high-priced, highly-taxed Sydney so they can work remotely from Bali.
With this migration mega-trend in mind, my team and I have been sourcing residential real estate over the past few months, specifically looking at undervalued opportunities in low cost, low tax jurisdictions. both inside and outside the United States.
Within the US, Texas is one obvious candidate.
The state’s lockdown rules were far less Draconian than they were in other parts of the country. There’s no state income tax.
Living costs in Texas are much lower than in most of the US. And there are plenty of wide-open spaces.
It’s a strong choice for anyone looking to relocate while remaining in the US.
Someone from Silicon Valley, for example, could sell their house in California, buy a place outside of Austin, Texas (which is another prominent tech hub) for a fraction of the price, pocket the difference, and save another 30% of their paycheck between the tax savings and lower cost of living.
(And there are places overseas where the financial savings is far more extreme…)
So Texas is one of the places that I’ve been looking for undervalued properties.
It’s an interesting time to be in the market as well, because while the demographic trend is just starting, there’s a reasonable amount of distress in the housing market.
Plenty of people have lost their jobs, or lost their businesses… forcing them to liquidate some assets and sell their real estate for cheap.
We are primarily funded by readers. Please subscribe and donate to support us!
This means that there are opportunities to buy cheap right now, while there’s plenty of long-term upside because of this migration trend.
So with all that in mind, my team and I found one such property in Texas that was in distress. It was a sprawling estate of nearly 20,000 square feet on more than 3 acres, located on the very picturesque Lake Travis about 40 minutes from Austin.
The appraised value was more than $12 million, and even in a difficult market it should be worth at least $6 million. But the property was being auctioned off, with the high bid just $3.25 million.
The auction closed yesterday; I’m very experienced in auctions and never overpay beyond what I think an asset is worth, so I was slightly outbid by another participant yesterday and did not win the auction. But I have no doubt there will be others like this in the future.
One interesting thing we found out, however, had to do with the banks.
My original plan (if I had won the auction) would have been to pay cash for the property. And then, eventually, refinance it with a local bank to pull my original funds out.
Most mortgages in the US tend to fall under ‘conforming’ loan rules that are set by federal housing agencies like Fannie Mae and Freddie Mac.
If you’ve not heard of those, Fannie Mae and Freddie Mac are technically private companies that are fully backed by the federal government.
Their mission is to buy mortgages from banks across the US, effectively helping to replenish the banks’ capital so they can make more loans.
Fannie Mae and Freddie Mac issue very strict guidelines to banks, stipulating exactly the terms under which they will buy a mortgage. And mortgages that fit those criteria are known as ‘conforming’.
For example, a conforming mortgage must be under a certain amount– and the federal housing agencies have a list of maximum loan values.
For most of the country, the maximum loan limit is $510,400 for a single family home, but for specific counties the limit may be higher. In Los Angeles, for example, the limit is $765,600.
And there are other requirements for a conforming loan, such as a borrower’s credit score, the ‘loan to value’ ratio, etc.
The point is that banks are able to sell their conforming loans to these government(ish) agencies, making the transaction nearly risk free for the banks.
This didn’t used to be the case. Long ago, banks would sit on their mortgages for the full 30 years and make their money on the interest payments.
These days, banks are just useless middlemen. They write a loan and almost immediately flip it to the government. And instead of making their money on the interest payments, they charge all sorts of origination fees, funding fees, ‘points’, etc.
Mortgages that don’t meet the ‘conforming loan’ standards– like jumbo loans– can’t be as easily flipped… and that means the bank actually has to be willing to hold the loan on its books and collect interest.
And this terrifies banks. God forbid they actually have to do real bank business!
That’s what I found so interesting. I had one of my associates call several banks in the area to inquire about their lending terms.
Some of them were local banks, some were national banks (like our old favorite Wells Fargo) with local branches in the area.
Literally every single bank told us, “Yeah, we’re just not doing jumbo loans…”
This is pretty incredible. Since jumbo loans are not conforming (i.e. they can’t be flipped, risk-free, to the government), the jumbo mortgage market represents a more honest indicator of lending conditions.
So the fact that these banks are simply NOT making jumbo loans is very interesting. It suggests:
(a) Banks are NOT optimistic about economic conditions, and they don’t want to take on new risks right now; and (b) Banks are NOT optimistic about their own conditions. Most banks are sitting on a mountain of loan losses right now because millions of people have skipped loan payments due to Covid. So they’re not willing to take on any new risk because their balance sheets are already in dismal shape.
According to the Wall Street Journal, for example,Americans have skipped payments on more than 100 million loans since Covid struck. That’s debilitating for banks.
And this jumbo issue we came across over the past few days is just another sign of trouble lurking beneath the surface.
* * *
On another note… We think gold could DOUBLE and silver could increase by up to 5 TIMES in the next few years. That’s why we published a new, 50-page long Ultimate Guide on Gold & Silver that you can download here.


investmentwatchblog--2020-06-18--Right now there is a significant majority that is silent so they can keep their jobs. But they will

Right now there is a significant majority that is silent so they can keep their jobs .
But they will @ @ @ @ @ will take more power away from the totalitarian Left .

Right now there is a significant majority that is silent so they can keep their jobs. But they will vote in November and they will take more power away from the totalitarian Left.
— GreekFire23 (@GreekFire23) June 18, 2020


investmentwatchblog--2020-06-18--This Chart Shows Over 100 Years of Gold and Silver Prices

A lot of investors are looking at the stock market and wondering how it could possibly be so high right now .
Unemployment is at levels last seen in the Great Depression .
The U.S. is facing historic civic unrest and protests .
There ’ s an uncertain national election in 6 months .
And a feared second wave of the coronavirus is still on the horizon .
All these events are making people rethink their position on precious metals , and our latest visualization can provide a needed long-term perspective on financial history .
• The gold/silver spot ratio @ @ @ @ @ @ @ 1933 during the Great Depression .
• The same ratio collapsed to as low as 17.9 before President Nixon took the U.S. off the gold standard in 1971 .
• The introduction of the American Eagle Gold and Silver Coins allowed investors to buy the precious metals directly , keeping the gold/silver ratio at elevated levels .
• The gold/silver ratio is approaching an all-time record high in the COVID economy , most recently topping out 91.5 .
The gold-to-silver spot ratio is a straightforward though relative measurement .
It represents the number @ @ @ @ @ @ @ gold .
Since the prices of gold and silver can change , the spot ratio indicates the relative worth of these two metals .
We grabbed the underlying data for our visualization from Gold Charts R Us in partnership with SD Bullion .
Then , we combined the historical price information with a timeline of important events in the history of gold and silver from Reuters .
The result is an intuitive snapshot of the history of gold and silver in U.S. history .
For the roughly 30 years after the American Civil @ @ @ @ @ @ @ stable relative to each other .
By 1900 with the Gold Standard Act , the ratio had more than doubled from 16 to 34.5 .
The twentieth century then brought increasingly unstable gold/silver ratios , rising as high as 132.4 and forcing a 4-day banking holiday in 1933 during the Great Depression .
Following World War II the ratio plummeted , eventually reaching a low of 17.9 in 1970 .
A year later , President Nixon ended the convertibility of U.S. dollars into gold .
Since Nixon ended the Gold Standard in 1971 @ @ @ @ @ @ @ on an upward trajectory .
In 1986 , the U.S. Mint introduced the American Eagle Gold and Silver coins , allowing investors to buy the precious metals directly .
Although it hasn ’ t reached its Great Depression record of 132.4 , the most recent figure from May 2020 puts it at 91.5 .
This makes a lot of sense for a few different reasons .
With unemployment rising to levels last seen in the Great Depression , and with the stock market defying gravity despite the unprecedented hit to the economy , @ @ @ @ @ @ @ unclear economic realities like everything else .
Investors might also be willing to place increasingly speculative bets , chasing yield out of boredom and as a substitute for the lack of sports .
We don ’ t know what will happen to prices in the future , but there ’ s no doubt they will continue to change as the economy either hopefully improves or continues to deteriorate .
Do you think the U.S. should revert back to the gold standard ?
Let us know what you think in the comments .

by howmuch
A lot of investors are looking at the stock market and wondering how it could possibly be so high right now. Unemployment is at levels last seen in the Great Depression. The U.S. is facing historic civic unrest and protests. There’s an uncertain national election in 6 months. And a feared second wave of the coronavirus is still on the horizon. All these events are making people rethink their position on precious metals, and our latest visualization can provide a needed long-term perspective on financial history.
The gold/silver spot ratio reached a record high of 132.4 in 1933 during the Great Depression.
The same ratio collapsed to as low as 17.9 before President Nixon took the U.S. off the gold standard in 1971.
The introduction of the American Eagle Gold and Silver Coins allowed investors to buy the precious metals directly, keeping the gold/silver ratio at elevated levels.
The gold/silver ratio is approaching an all-time record high in the COVID economy, most recently topping out 91.5.
Top 5 Highest Years for the Silver/Gold Spot Ratio
1941 – 101.4
1939 – 100
2020 – 99.3
1940 – 98.6
1990 – 93.2
Top 5 Lowest Years for Silver/Gold Spot Ratio
1967 – 15.4
1919 – 15.7
1862 – 16
1872 – 16.3
1874 – 16.6
The gold-to-silver spot ratio is a straightforward though relative measurement. It represents the number of silver ounces worth 1 ounce of gold. Since the prices of gold and silver can change, the spot ratio indicates the relative worth of these two metals. We grabbed the underlying data for our visualization from Gold Charts R Us in partnership with SD Bullion. Then, we combined the historical price information with a timeline of important events in the history of gold and silver from Reuters. The result is an intuitive snapshot of the history of gold and silver in U.S. history.
We are primarily funded by readers. Please subscribe and donate to support us!
For the roughly 30 years after the American Civil War, gold and silver prices were stable relative to each other. By 1900 with the Gold Standard Act, the ratio had more than doubled from 16 to 34.5. The twentieth century then brought increasingly unstable gold/silver ratios, rising as high as 132.4 and forcing a 4-day banking holiday in 1933 during the Great Depression. Following World War II the ratio plummeted, eventually reaching a low of 17.9 in 1970. A year later, President Nixon ended the convertibility of U.S. dollars into gold.
Since Nixon ended the Gold Standard in 1971, the gold/silver spot ratio has been on an upward trajectory. In 1986, the U.S. Mint introduced the American Eagle Gold and Silver coins, allowing investors to buy the precious metals directly. Although it hasn’t reached its Great Depression record of 132.4, the most recent figure from May 2020 puts it at 91.5. This makes a lot of sense for a few different reasons. With unemployment rising to levels last seen in the Great Depression, and with the stock market defying gravity despite the unprecedented hit to the economy, gold and silver prices are responding to unclear economic realities like everything else. Investors might also be willing to place increasingly speculative bets, chasing yield out of boredom and as a substitute for the lack of sports. We don’t know what will happen to prices in the future, but there’s no doubt they will continue to change as the economy either hopefully improves or continues to deteriorate.
Do you think the U.S. should revert back to the gold standard? Let us know what you think in the comments.