investmentwatchblog--2020-04-30--These 10 U.S. States Are Best Prepared for a Deep Recession

This week Treasury Secretary Steven Mnuchin called out “ mismanaged ” states , suggesting that the federal government should not be responsible for bailing out states that had poorly managed budgets before the coronavirus pandemic brought business activity to a halt , triggering a deep recession .
Mnuchin ’ s comments echoed those of Senate Majority Leader Mitch McConnell , who earlier said that he was in favor of allowing states to declare bankruptcy .
( It ’ s important to note that , under current laws , states can not go bankrupt , only default on their debts .
@ @ @ @ @ @ @ solving their pension problems for them .
We ’ re not interested in rescuing them from bad decisions they ’ ve made in the past , ” the Kentucky senator told Fox News .
By some estimates , states could be facing their deepest budget shortfall on record due to the COVID-19 crisis .
The Center on Budget and Policy Priorities ( CBPP ) , a Washington , D.C.-based think tank , believes states could collectively see a budget deficit of $ 290 billion in 2021 , which would be greater than during @ @ @ @ @ @ @ crisis .
So which states were best prepared for a recession such as the one we ’ ve likely already entered ?
That ’ s a question I was curious to have answered .
There are many factors to consider , including tax revenue , annual spending ( particularly on entitlements such as Medicaid ) , cash reserves and more .
To keep things simple , I turned to Moody ’ s annual “ stress test ” of state budgets , which measures preparedness for a recession based on the size of the @ @ @ @ @ @ @ a percent of its general fund reserve , and whether the state would be able to make up for such a fiscal shock as having a drop in tax revenue from fewer people working and an increase in Medicaid spending .
Coincidentally , Moody ’ s last conducted its stress test in October of last year , soon before the pandemic , so the results are as up-to-date as you can hope for .
With that said , below are the top 10 states that were best prepared for a deep recession at @ @ @ @ @ @ @ Alabama at number 10 .
Moody ’ s estimates that Alabama would face a fiscal shock of $ 1.2 billion in a “ severe ” recession .
Even so , the state would still retain 2 percent of its total 2019 revenues .
Alabama could operate for an estimated 35.3 days on its rainy day fund , which totaled $ 848 million in fiscal year 2019 .
At number nine , New Mexico would run a budget surplus of nearly 3 percent of its 2019 revenues in a severe recession , according to @ @ @ @ @ @ @ of Enchantment could operate for about 90 days on its $ 1.9 billion rainy day fund .
A bad recession would result in only a $ 613 million fiscal shock for Delaware , says Moody ’ s .
As the smallest state by area on this list , Delaware could still maintain a budget surplus of 3.5 percent of its 2019 revenues .
Based on its $ 240 million rainy fund , the northeastern state could run for 20 days .
West Virginia would have 5.3 percent of its total 2019 revenues available @ @ @ @ @ @ @ according to Moody ’ s .
The Mountain State could remain in business for almost 60 straight days on its $ 753 million rainy day fund alone .
You might initially assume that a deep recession would hit Nevada particularly hard , factoring in a huge loss in tourist spending at Las Vegas resorts and casinos .
And yet the state would see “ only ” a fiscal shock of $ 454 million .
As such , it could still run a budget surplus of 12 percent of its 2019 revenues , allowing @ @ @ @ @ @ @ its $ 332 million rainy day fund .
I ’ ve written before about the economic and financial superiority of Texas , home state of U.S .
Global Investors .
The most populous state on this list by far , with some 30 million residents , Texas is well equipped to weather a recession , according to Moody ’ s .
Even though it would see a $ 10 billion fiscal shock , the Lone Star State would have 9.2 percent of its 2019 revenues available .
Texas could run about 70 days @ @ @ @ @ @ @ fund alone .
In a severe recession , North Dakota would still run a budget surplus of 12 percent of its 2019 revenues .
The scene of a major oil boom in 2006 , the state could operate for 109 days on its $ 659 million rainy day fund .
Oregon would see a fiscal shock of $ 1.3 billion in a deep recession , but it could still have 13.4 percent of its 2019 revenues available to spend .
Based on its $ 1.3 billion rainy day fund , Oregon could run @ @ @ @ @ @ @ .
In the number two slot is Alaska , which Moody ’ s says would have an incredible 81.1 percent of its 2019 revenues , even in a recession .
Believe it or not , the Last Frontier would be able to remain operational without raising taxes or cutting services for 170 days , based on its massive $ 2.3 billion rainy day fund .
The state that ’ s most prepared for a recession , according to Moody ’ s , is Wyoming .
The least populous state with only 578,000 residents @ @ @ @ @ @ @ fiscal shock of $ 250 million in a bad recession .
It could manage to have an unbelievable 117.5 percent of its 2019 revenues available to spend .
As such , the state tops the nation by far in the number of days it could run on its $ 1.7 billion rainy day fund—397 days , or just over an entire calendar year .
And there you have it !
The top 10 states most prepared for a recession .
And the Least Prepared ?
You might be wondering which states would be @ @ @ @ @ @ @ .
These may be the “ mismanaged ” states Mnuchin and McConnell had in mind—including McConnell ’ s own home state of Kentucky .
Below is the list of states that ranked at the very bottom in terms of preparedness , starting with number 41 , Michigan , which would run a budget deficit of 9.7 percent of 2019 revenues .
Michigan ( -9.7 percent ) , New Hampshire ( -10.2 percent ) , Mississippi ( -10.2 percent ) , Pennsylvania ( -10.5 percent ) , Florida ( -10.9 percent ) , New @ @ @ @ @ @ @ -14.6 percent ) , Kentucky ( -14.6 percent ) , Illinois ( -15.8 percent ) and Louisiana ( -19.9 percent ) .

by Frank Holmes, CEO, U.S. Global Investors
This week Treasury Secretary Steven Mnuchin called out “mismanaged” states, suggesting that the federal government should not be responsible for bailing out states that had poorly managed budgets before the coronavirus pandemic brought business activity to a halt, triggering a deep recession.
Mnuchin’s comments echoed those of Senate Majority Leader Mitch McConnell, who earlier said that he was in favor of allowing states to declare bankruptcy. (It’s important to note that, under current laws, states cannot go bankrupt, only default on their debts.)
Congress is not “interested in solving their pension problems for them. We’re not interested in rescuing them from bad decisions they’ve made in the past,” the Kentucky senator told Fox News.
By some estimates, states could be facing their deepest budget shortfall on record due to the COVID-19 crisis. The Center on Budget and Policy Priorities (CBPP), a Washington, D.C.-based think tank, believes states could collectively see a budget deficit of $290 billion in 2021, which would be greater than during the 2001 recession and 2007-2008 global financial crisis.
click to enlarge
So which states were best prepared for a recession such as the one we’ve likely already entered? That’s a question I was curious to have answered.
There are many factors to consider, including tax revenue, annual spending (particularly on entitlements such as Medicaid), cash reserves and more.
To keep things simple, I turned to Moody’s annual “stress test” of state budgets, which measures preparedness for a recession based on the size of the state’s rainy day fund as a percent of its general fund reserve, and whether the state would be able to make up for such a fiscal shock as having a drop in tax revenue from fewer people working and an increase in Medicaid spending. Coincidentally, Moody’s last conducted its stress test in October of last year, soon before the pandemic, so the results are as up-to-date as you can hope for.
With that said, below are the top 10 states that were best prepared for a deep recession at the end of 2019, starting with Alabama at number 10.
10. Alabama
Moody’s estimates that Alabama would face a fiscal shock of $1.2 billion in a “severe” recession. Even so, the state would still retain 2 percent of its total 2019 revenues. Alabama could operate for an estimated 35.3 days on its rainy day fund, which totaled $848 million in fiscal year 2019.
9. New Mexico
At number nine, New Mexico would run a budget surplus of nearly 3 percent of its 2019 revenues in a severe recession, according to Moody’s analysis. The Land of Enchantment could operate for about 90 days on its $1.9 billion rainy day fund.
8. Delaware
A bad recession would result in only a $613 million fiscal shock for Delaware, says Moody’s. As the smallest state by area on this list, Delaware could still maintain a budget surplus of 3.5 percent of its 2019 revenues. Based on its $240 million rainy fund, the northeastern state could run for 20 days.
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7. West Virginia
West Virginia would have 5.3 percent of its total 2019 revenues available, even in a severe recession, according to Moody’s. The Mountain State could remain in business for almost 60 straight days on its $753 million rainy day fund alone.
6. Nevada
You might initially assume that a deep recession would hit Nevada particularly hard, factoring in a huge loss in tourist spending at Las Vegas resorts and casinos. And yet the state would see “only” a fiscal shock of $454 million. As such, it could still run a budget surplus of 12 percent of its 2019 revenues, allowing it to operate for 27 days on its $332 million rainy day fund.
5. Texas
I’ve written before about the economic and financial superiority of Texas, home state of U.S. Global Investors. The most populous state on this list by far, with some 30 million residents, Texas is well equipped to weather a recession, according to Moody’s. Even though it would see a $10 billion fiscal shock, the Lone Star State would have 9.2 percent of its 2019 revenues available. Texas could run about 70 days on its $10 billion rainy day fund alone.
4. North Dakota
In a severe recession, North Dakota would still run a budget surplus of 12 percent of its 2019 revenues. The scene of a major oil boom in 2006, the state could operate for 109 days on its $659 million rainy day fund.
3. Oregon
Oregon would see a fiscal shock of $1.3 billion in a deep recession, but it could still have 13.4 percent of its 2019 revenues available to spend. Based on its $1.3 billion rainy day fund, Oregon could run for 46 days without any new income.
2. Alaska
In the number two slot is Alaska, which Moody’s says would have an incredible 81.1 percent of its 2019 revenues, even in a recession. Believe it or not, the Last Frontier would be able to remain operational without raising taxes or cutting services for 170 days, based on its massive $2.3 billion rainy day fund.
1. Wyoming
The state that’s most prepared for a recession, according to Moody’s, is Wyoming. The least populous state with only 578,000 residents, Wyoming would face a relatively small fiscal shock of $250 million in a bad recession. It could manage to have an unbelievable 117.5 percent of its 2019 revenues available to spend. As such, the state tops the nation by far in the number of days it could run on its $1.7 billion rainy day fund—397 days, or just over an entire calendar year.
And there you have it! The top 10 states most prepared for a recession.
And the Least Prepared?
You might be wondering which states would be in worst shape during an economic downturn. These may be the “mismanaged” states Mnuchin and McConnell had in mind—including McConnell’s own home state of Kentucky.
Below is the list of states that ranked at the very bottom in terms of preparedness, starting with number 41, Michigan, which would run a budget deficit of 9.7 percent of 2019 revenues.
Michigan (-9.7 percent), New Hampshire (-10.2 percent), Mississippi (-10.2 percent), Pennsylvania (-10.5 percent), Florida (-10.9 percent), New Jersey (-13.9), Oklahoma (-14.6 percent), Kentucky (-14.6 percent), Illinois (-15.8 percent) and Louisiana (-19.9 percent).


investmentwatchblog--2020-04-30--The Bubbles are Bursting Everywhere with Gordon T. Long

“ There are decades where nothing happens and there are weeks when decades happen.
” – Vladimir Lennin .
Everything @ @ @ @ @ have been talking about has come to fruition .
The size and magnitude of the @ @ @ @ @ .
Oil companies , state and local government debt .
Globally it ’ s even @ @ @ @ @ S & P profits are coming out of the global economy .
The forward PE @ @ @ @ @ at the peak .
Other than the US markets , everyone else ’ s are @ @ @ @ @ ve seen in terms of monetary and fiscal policy is unprecedented .
We ’ re @ @ @ @ @ and it won ’ t end well .
In the next stage we will lose @ @ @ @ @ the currency .
You can always count on politicians to print money and then getting @ @ @ @ @ .
The PPP was a complete scam .
The rats are deserting the ship .
@ @ @ @ @ the Audio

from Financial Survival Network
“There are decades where nothing happens and there are weeks when decades happen.” – Vladimir Lennin.
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Everything Gordon T. Long and I have been talking about has come to fruition. The size and magnitude of the problem has been grossly understated. Oil companies, state and local government debt. Globally it’s even worse. 50-60 percent of S&P profits are coming out of the global economy. The forward PE is 20, higher than at the peak. Other than the US markets, everyone else’s are imploding. What we’ve seen in terms of monetary and fiscal policy is unprecedented. We’re attempting to bailout the world and it won’t end well. In the next stage we will lose confidence in the government and the currency. You can always count on politicians to print money and then getting it into the right hands. The PPP was a complete scam. The rats are deserting the ship.
Click Here to Listen to the Audio


investmentwatchblog--2020-04-30--Every government order against gathering together has been unconstitutional

The 1st Amendment to the US Constitution enshrines the natural right to peaceably assemble .
Period .
There is no @ @ @ @ @ alteration to this rule .
It doesn ’ t say “ you can only assemble @ @ @ @ @ it ’ s safe to do so , ” or “ you can only assemble @ @ @ @ @ you to.
” Peaceable assembly includes but is not limited to : – Shopping at @ @ @ @ @ a party – Eating at a restaurant with friends – Working together in a factory @ @ @ @ @ worship – Drinking beers with your buddies on a boat – Laying on the beach @ @ @ @ @ re-assert and further guarantee the 1st Amendment to the US Constitution also .
These governors @ @ @ @ @ have done is unconstitutional .
They need to pay for what they ’ ve done @ @ @ @ @ predictions and models from the same people that gave us climate change models : Academics @ @ @ @ @

The 1st Amendment to the US Constitution enshrines the natural right to peaceably assemble. Period. There is no provision, exception, or alteration to this rule. It doesn’t say “you can only assemble if academic scientists say that it’s safe to do so,” or “you can only assemble if your local magistrate allows you to.”
Peaceable assembly includes but is not limited to:
– Shopping at a store
– Gathering for a party
– Eating at a restaurant with friends
– Working together in a factory
– Protesting
– Gathering for worship
– Drinking beers with your buddies on a boat
– Laying on the beach
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Virtually all US State constitutions re-assert and further guarantee the 1st Amendment to the US Constitution also.
These governors and mayors know what they have done is unconstitutional. They need to pay for what they’ve done in the name of fake predictions and models from the same people that gave us climate change models: Academics with a political agenda.
h/t Boaty


investmentwatchblog--2020-04-30--Will Airbnb’s Implosion Trigger A Housing Bust?

It seemed like such a good idea at the time .
Airbnbs were the next wave in hospitality , taking market share from hotels and motels and backed by a tech network that made running a virtual bed and breakfast fun and easy .
So you borrow a bunch of money , buy a couple of houses , and put them in the system .
At first it works .
Your properties fill up , your reviews are great , and your projected cash flow is twice what you would receive for a long-term rental .
You — along with @ @ @ @ @ @ @ real estate empire.
” Then out of nowhere comes a pandemic ( ! )
and the sharing economy suddenly looks patently absurd .
Ride in other people ’ s cars ?
No thank you .
Sleep in other people ’ s beds ?
Gross !
Airbnb bookings fall off a cliff , while Airbnb itself reports massive , potentially company-threatening losses .
And just like that , your cash flow turns into cash burn .
Big time .
Now what do you do ?
You already have a house of your own so @ @ @ @ @ @ @ of your rentals .
You borrowed to buy your properties so you have big monthly payments .
And even with the government ’ s mortgage forbearance program , you ’ ve got maintenance and taxes to cover , and little income with which to do it .
You kind of have to sell , if not right now pretty soon .
But to whom ?
See US pending home sales sank 20.8 % in March .
Meanwhile , big price reductions are becoming the norm on Zillow .
The stuff you bought near @ @ @ @ @ @ @ be worth 20 % less – if you ’ re lucky .
You , in short , are about to learn the definition of “ illiquid.
” Another Housing Bust ?
Now let ’ s dial the view back to the housing market as a whole .
As recently as February , a lot of regional markets had what realtors defined as shortages of homes for sale , which going forward provides a cushion against falling demand .
But that was with thousands of would-be Donald Trumps snapping up Airbnb-worthy rentals in hot @ @ @ @ @ @ @ because who in their right mind is buying Airbnb rentals today ? )
and add the new supply coming from people who have no choice but to sell , and the supply/demand calculus might change dramatically .
We ’ ll see .
Here ’ s what happened to prices in the last housing recession :

BY JOHN RUBINO
It seemed like such a good idea at the time. Airbnbs were the next wave in hospitality, taking market share from hotels and motels and backed by a tech network that made running a virtual bed and breakfast fun and easy.
So you borrow a bunch of money, buy a couple of houses, and put them in the system. At first it works. Your properties fill up, your reviews are great, and your projected cash flow is twice what you would receive for a long-term rental. You — along with thousands of others — are thinking “real estate empire.”
Then out of nowhere comes a pandemic(!) and the sharing economy suddenly looks patently absurd. Ride in other people’s cars? No thank you. Sleep in other people’s beds? Gross! Airbnb bookings fall off a cliff, while Airbnb itself reports massive, potentially company-threatening losses.
And just like that, your cash flow turns into cash burn. Big time.
Now what do you do? You already have a house of your own so you can’t move into one of your rentals. You borrowed to buy your properties so you have big monthly payments. And even with the government’s mortgage forbearance program, you’ve got maintenance and taxes to cover, and little income with which to do it.
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You kind of have to sell, if not right now pretty soon. But to whom? See US pending home sales sank 20.8% in March. Meanwhile, big price reductions are becoming the norm on Zillow. The stuff you bought near the peak of the cycle may now be worth 20% less – if you’re lucky.
You, in short, are about to learn the definition of “illiquid.”
Another Housing Bust?
Now let’s dial the view back to the housing market as a whole. As recently as February, a lot of regional markets had what realtors defined as shortages of homes for sale, which going forward provides a cushion against falling demand.
But that was with thousands of would-be Donald Trumps snapping up Airbnb-worthy rentals in hot markets. Remove that future demand (because who in their right mind is buying Airbnb rentals today?) and add the new supply coming from people who have no choice but to sell, and the supply/demand calculus might change dramatically. We’ll see.
Here’s what happened to prices in the last housing recession:


investmentwatchblog--2020-05-01--POTUS: Signs Proclamation on Law Day, U.S.A.,

More than 230 years ago , the Founding Fathers of our Nation crafted a revolutionary and unique form of Government rooted in the rule of law .
Today , we continue to enjoy liberty , justice , and equality under the law as set forth and preserved in our Constitution .
On Law Day , we celebrate the distinctive framework of our system of Government , which secures individual liberties and protects against arbitrary exercise of government power so that all citizens have the right and the freedom to pursue their American Dream .
In arguing for the ratification of @ @ @ @ @ @ @ that in a government “ administered by men over men , the great difficulty lies in this : you must first enable the government to control the governed ; and in the next place oblige it to control itself.
” The Framers understood the inherent dangers of consolidated government power and that , in order for our Republic to survive , the power to make , execute , and interpret laws could not be vested in one individual or one institution .
They knew that “ ambition must be made to counteract ambition @ @ @ @ @ @ @ whereby separate and coequal branches share the power of the Federal Government , each limiting and checking the prerogatives of the others .
They also created a system of enumerated powers for the Federal Government , reserving all other powers to the States .
In doing so , the Framers limited the powers of the Federal Government and preserved a place of prominence for State and local lawmaking , which they rightly believed to be more responsive to the unique needs of each community .
This year also marks both the 150th anniversary @ @ @ @ @ @ @ , which prohibited denial of the right to vote based on race , color , or previous condition of servitude , and the 100th anniversary of the ratification of the 19th Amendment , which prohibited denial of the right to vote based on sex .
The women and men who fought to win a voice for people of color and women in the electoral process strengthened our Union and helped the country better fulfill the founding promise of our Nation — that the power to enact and enforce laws be truly derived “ @ @ @ @ @ @ @ As we mark these milestones , we pay tribute to the courageous spirit of the trailblazers who made this achievement possible , and take inspiration from their righteous struggle as we continue working to root out and destroy injustice .
We know that our Republic can continue to shine as a beacon of liberty only if Americans diligently defend our Constitution and ensure that its limits are strongly enforced .
My Administration has sought to simplify and streamline America ’ s statutory and regulatory code , checking encroachments by government on individual liberty @ @ @ @ @ @ @ innovation that has made America the freest and most prosperous country in the world .
Furthermore , one of my top priorities as President has been to nominate and appoint judges who are faithful to the proper role of the judiciary — to interpret the law , not to make it .
In all of these efforts , we aim to ensure that the Government can continue to perform its fundamental responsibility to the American people , articulated in the Preamble of the Constitution , to “ secure the blessings of liberty to @ @ @ @ @ @ @ Law Day , I urge all Americans to honor our shared inheritance of respect for the principles of the rule of law , limited government , and individual liberty .
Let us rededicate ourselves to remaining ever vigilant in defending our rights secured by the Constitution so that our experiment in self‑government continues in perpetuity .
NOW , THEREFORE , I , DONALD J. TRUMP , President of the United States of America , in accordance with Public Law 87–20 , as amended , do hereby proclaim May 1 , 2020 , as @ @ @ @ @ @ @ all Americans , including government officials , to observe this day by reflecting upon the importance of the rule of law in our Nation and displaying the flag of the United States in support of this national observance ; and I especially urge the legal profession , the press , and the radio , television , and media industries to promote and to participate in the observance of this day .
IN WITNESS WHEREOF , I have hereunto set my hand this twenty-ninth day of April , in the year of our Lord @ @ @ @ @ @ @ Independence of the United States of America the two hundred and forty-fourth .

Proclamation on Law Day, U.S.A., 2020
More than 230 years ago, the Founding Fathers of our Nation crafted a revolutionary and unique form of Government rooted in the rule of law. Today, we continue to enjoy liberty, justice, and equality under the law as set forth and preserved in our Constitution. On Law Day, we celebrate the distinctive framework of our system of Government, which secures individual liberties and protects against arbitrary exercise of government power so that all citizens have the right and the freedom to pursue their American Dream.
In arguing for the ratification of our Constitution, James Madison wisely recognized that in a government “administered by men over men, the great difficulty lies in this: you must first enable the government to control the governed; and in the next place oblige it to control itself.” The Framers understood the inherent dangers of consolidated government power and that, in order for our Republic to survive, the power to make, execute, and interpret laws could not be vested in one individual or one institution. They knew that “ambition must be made to counteract ambition,” and accordingly devised an arrangement whereby separate and coequal branches share the power of the Federal Government, each limiting and checking the prerogatives of the others. They also created a system of enumerated powers for the Federal Government, reserving all other powers to the States. In doing so, the Framers limited the powers of the Federal Government and preserved a place of prominence for State and local lawmaking, which they rightly believed to be more responsive to the unique needs of each community.
This year also marks both the 150th anniversary of the ratification of the 15th Amendment, which prohibited denial of the right to vote based on race, color, or previous condition of servitude, and the 100th anniversary of the ratification of the 19th Amendment, which prohibited denial of the right to vote based on sex. The women and men who fought to win a voice for people of color and women in the electoral process strengthened our Union and helped the country better fulfill the founding promise of our Nation — that the power to enact and enforce laws be truly derived “from the consent of the governed.” As we mark these milestones, we pay tribute to the courageous spirit of the trailblazers who made this achievement possible, and take inspiration from their righteous struggle as we continue working to root out and destroy injustice.
We know that our Republic can continue to shine as a beacon of liberty only if Americans diligently defend our Constitution and ensure that its limits are strongly enforced. My Administration has sought to simplify and streamline America’s statutory and regulatory code, checking encroachments by government on individual liberty and unleashing the spirit of genius and innovation that has made America the freest and most prosperous country in the world. Furthermore, one of my top priorities as President has been to nominate and appoint judges who are faithful to the proper role of the judiciary — to interpret the law, not to make it. In all of these efforts, we aim to ensure that the Government can continue to perform its fundamental responsibility to the American people, articulated in the Preamble of the Constitution, to “secure the blessings of liberty to ourselves and our posterity.”
We are primarily funded by readers. Please subscribe and donate to support us!
On this Law Day, I urge all Americans to honor our shared inheritance of respect for the principles of the rule of law, limited government, and individual liberty. Let us rededicate ourselves to remaining ever vigilant in defending our rights secured by the Constitution so that our experiment in self‑government continues in perpetuity.
NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, in accordance with Public Law 87–20, as amended, do hereby proclaim May 1, 2020, as Law Day, U.S.A. I urge all Americans, including government officials, to observe this day by reflecting upon the importance of the rule of law in our Nation and displaying the flag of the United States in support of this national observance; and I especially urge the legal profession, the press, and the radio, television, and media industries to promote and to participate in the observance of this day.
IN WITNESS WHEREOF, I have hereunto set my hand this twenty-ninth day of April, in the year of our Lord two thousand twenty, and of the Independence of the United States of America the two hundred and forty-fourth.
DONALD J. TRUMP
www.whitehouse.gov/presidential-actions/proclamation-law-day-u-s-2020/


investmentwatchblog--2020-05-01--Australia should not have a ‘trade dependency’ on China

Australia can not change its position on holding an inquiry into the origins of COVID-19 just because of pressure from @ @ @ @ @ backbencher Matt Canavan .
Relations between Australia and China has soured over the past few @ @ @ @ @ for an independent inquiry into the origins of COVID-19 .
China has furiously rejected calls @ @ @ @ @ warned it could boycott Australia ’ s education , tourism , and export sectors in @ @ @ @ @ further strained the relationship which was already in the deep freeze over the Turnbull Government @ @ @ @ @ Huawei from the 5G rollout .
Despite this , China remains Australia ’ s largest @ @ @ @ @ 26 per cent of its trade around the world .
Mr Canavan told Sky News @ @ @ @ @ Australia has a “ dependent trade relationship ” with China .
“ I sure as @ @ @ @ @ to trade off our nation ’ s freedom , our nation ’ s sovereignty , @ @ @ @ @ with another country , ” he said .

Australia cannot change its position on holding an inquiry into the origins of COVID-19 just because of pressure from China, according to Nationals backbencher Matt Canavan.
Relations between Australia and China has soured over the past few weeks after the government called for an independent inquiry into the origins of COVID-19.
China has furiously rejected calls for an independent inquiry and warned it could boycott Australia’s education, tourism, and export sectors in retaliation.
The stoush has further strained the relationship which was already in the deep freeze over the Turnbull Government’s decision to ban Huawei from the 5G rollout.
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Despite this, China remains Australia’s largest trading partner and accounts for 26 per cent of its trade around the world.
Mr Canavan told Sky News the current situation has shown Australia has a “dependent trade relationship” with China.
“I sure as hell don’t want to trade off our nation’s freedom, our nation’s sovereignty, just to do some trade with another country,” he said.
AC


investmentwatchblog--2020-05-01--US push for low-yield nukes makes atomic war MORE likely as Russia will retaliate with full force, M

US push for low-yield nukes makes atomic war MORE likely as Russia will retaliate with full force, Moscow says

The US State Department ’ s case for tactical nuclear weapons is a case study in psychological projection not seen since the darkest days of the Cold War and its ever-present threat of world-ending atomic holocaust .
Back in February , the Pentagon announced the US Navy has fielded the first batch of W76-2 low-yield submarine launched ballistic missile ( SLBM ) warheads .
A paper by the State Department ’ s Bureau of Arms Control , published last week , aimed to explain the reasoning behind this move and “ debunk ” the critics .
The 10-page document was @ @ @ @ @ @ @ arms control Christopher Ford , who hailed the missiles as “ reducing net nuclear risks.
” Russia & US are rushing into new arms race as they run out of time for realistic arms-control deal On Wednesday , however , Russian Foreign Ministry spokeswoman Maria Zakharova called the move “ a deliberate blurring of the lines between non-strategic and strategic nuclear weapons ” that “ inevitably leads to a lowering of the nuclear threshold and an increase in the threat of nuclear conflict.
” Everyone who wants to do this should understand that @ @ @ @ @ @ @ such actions will be considered the basis for the reciprocal use of nuclear weapons by Russia If there wasn ’ t for the nukes , we ’ d be fighting , in war everyday like in the medieval ages , bad thing is once they ’ re start flying that will mean the end of world , civilization as we know it .
Albert Einstein nicely said , third world war will be fought with nukes , the fourth with sticks and stones .
MOSCOW — The Russian Foreign Ministry on Wednesday rejected @ @ @ @ @ @ @ , warning that an attempt to use such weapons against Russia would trigger an all-out nuclear retaliation .
The U.S. State Department argued in a paper released last week that fitting the low-yield nuclear warheads to submarine-launched ballistic missiles would help counter potential new threats from Russia and China .
It charged that Moscow in particular was pondering the use of non-strategic nuclear weapons as a way of coercion in a limited conflict — an assertion that Russia has repeatedly denied .
The State Department noted that the new supplemental warhead “ reduces @ @ @ @ @ @ @ extended deterrence and assurance.
” The Russian Foreign Ministry sees it otherwise .
The ministry ’ s spokeswoman , Maria Zakharova , commented on the State Department ’ s paper at a briefing on Wednesday , emphasizing that the U.S. shouldn ’ t view its new low-yield warheads as a flexible tool that could help avert an all-out nuclear conflict with Russia .
“ Any attack involving a U.S. submarine-launched ballistic missile ( SLBM ) , regardless of its weapon specifications , would be perceived as a nuclear aggression , ” Zakharova said @ @ @ @ @ @ @ about the flexibility of American nuclear potential must understand that in line with the Russian military doctrine such actions are seen as warranting retaliatory use of nuclear weapons by Russia .
”

The US State Department’s case for tactical nuclear weapons is a case study in psychological projection not seen since the darkest days of the Cold War and its ever-present threat of world-ending atomic holocaust.
Back in February, the Pentagon announced the US Navy has fielded the first batch of W76-2 low-yield submarine launched ballistic missile (SLBM) warheads. A paper by the State Department’s Bureau of Arms Control, published last week, aimed to explain the reasoning behind this move and “debunk” the critics. The 10-page document was endorsed by the acting Under Secretary for arms control Christopher Ford, who hailed the missiles as “reducing net nuclear risks.”
Russia & US are rushing into new arms race as they run out of time for realistic arms-control deal
On Wednesday, however, Russian Foreign Ministry spokeswoman Maria Zakharova called the move “a deliberate blurring of the lines between non-strategic and strategic nuclear weapons” that “inevitably leads to a lowering of the nuclear threshold and an increase in the threat of nuclear conflict.”
Everyone who wants to do this should understand that according to the Russian military doctrine, such actions will be considered the basis for the reciprocal use of nuclear weapons by Russia
www.rt.com/op-ed/487302-us-nuclear-war-more-likely/
If there wasn’t for the nukes, we’d be fighting, in war everyday like in the medieval ages, bad thing is once they’re start flying that will mean the end of world, civilization as we know it.
Albert Einstein nicely said, third world war will be fought with nukes, the fourth with sticks and stones.
Russia slams US arguments for low-yield nukes
MOSCOW — The Russian Foreign Ministry on Wednesday rejected U.S. arguments for fielding low-yield nuclear warheads, warning that an attempt to use such weapons against Russia would trigger an all-out nuclear retaliation.
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The U.S. State Department argued in a paper released last week that fitting the low-yield nuclear warheads to submarine-launched ballistic missiles would help counter potential new threats from Russia and China. It charged that Moscow in particular was pondering the use of non-strategic nuclear weapons as a way of coercion in a limited conflict — an assertion that Russia has repeatedly denied.
The State Department noted that the new supplemental warhead “reduces the risk of nuclear war by reinforcing extended deterrence and assurance.”
The Russian Foreign Ministry sees it otherwise.
The ministry’s spokeswoman, Maria Zakharova, commented on the State Department’s paper at a briefing on Wednesday, emphasizing that the U.S. shouldn’t view its new low-yield warheads as a flexible tool that could help avert an all-out nuclear conflict with Russia.
“Any attack involving a U.S. submarine-launched ballistic missile (SLBM), regardless of its weapon specifications, would be perceived as a nuclear aggression,” Zakharova said. “Those who like to theorize about the flexibility of American nuclear potential must understand that in line with the Russian military doctrine such actions are seen as warranting retaliatory use of nuclear weapons by Russia.”
more on
www.defensenews.com/smr/nuclear-arsenal/2020/04/29/russia-slams-us-arguments-for-low-yield-nukes/
AC


investmentwatchblog--2020-05-01--Mayor of Cali Colombia forcing people out of their homes because they have a cough, reported by a ne

Mayor of Cali Colombia forcing people out of their homes because they have a cough , reported by a neighbor @ @ @ @ @ now literally .
they have groups of people in protective clothing driving around the city @ @ @ @ @ or acts sick and pick them up and put them in a special jail .
@ @ @ @ @ and this is what they want to do all over the world , the mayority @ @ @ @ @ colombia even accept it and think wouw this is good and here the facebook source

Mayor of Cali Colombia forcing people out of their homes because they have a cough, reported by a neighbor, they are HUNTING people now literally.
they have groups of people in protective clothing driving around the city to see who is sick or acts sick and pick them up and put them in a special jail.
this is German ww2 practices and this is what they want to do all over the world, the mayority of the pathetic people in colombia even accept it and think wouw this is good
WTF?
check video.
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streamable.com/m1b3ul
and here the facebook source
www.facebook.com/watch/?v=605420376725480
AC


investmentwatchblog--2020-05-01--Something Amazing Just Happened in Vegas…and The Whole World Needs to Know About It.

Have you ever thrown together a last-minute party , with no planning , no promotion , no paid staff , no money spent…and 8,000 to 10,000 people showed up ?
I have.It happened last week in Las Vegas .
And you need to hear about it .
A week ago , I decided to announce an idea on my nationally-syndicated Las Vegas radio show .
I announced a “ Open the Nevada Economy ” protest caravan .
I called it , “ the World ’ s Safest Protest.
” Because the entire protest would happen in our cars , listening @ @ @ @ @ @ @ play by play , on my national radio show , on your car radio .
I also predicted it would become “ the biggest protest caravan in Vegas Strip history.
” Everyone needs to hear what happened .
Because the lessons of this story are incredibly powerful for patriots , conservatives , capitalists , anyone who hates the “ FAKE NEWS MEDIA.
” But first I ’ ve got to tell you about my limitations .
The good news is I have a very big , opinionated , controversial mouth .
And a @ @ @ @ @ @ @ that reaches pretty much every conservative in Las Vegas .
The bad news is , I have no organization skills .
It ’ s hard to believe , but I simply announced this rally and then I showed up .
There was no planning , no paid staff , no money spent .
We did have a few dedicated Vegas Republican groups email blast about the event to their lists .
That was our total promotion .
Not one dollar was spent .
And a handful of volunteers agreed to show up to @ @ @ @ @ @ @ total “ organization ” for this event .
Until I showed up , I had no idea what I ’ d find .
And then I drove up and saw it with my own eyes : a mob scene out of a movie .
It looked like the traffic outside the Super Bowl .
My fans had come out by the thousands .
Their cars covered acres and acres of the largest shopping mall parking lot in Vegas .
Hundreds of their cars also lined all the surrounding streets .
We had created @ @ @ @ @ @ @ , we did it without Trump .
And without his team of hundreds who actually organize each rally .
To see the thousands of cars at the event , click here .
Every car in the lot is attending the event .
The lot was empty without one car in it , before my fans started showing up : I was opening speaker at seven Trump rallies in Las Vegas- starring Donald J. Trump .
So , I know what a Trump rally looks like .
This was literally the size and excitement @ @ @ @ @ @ @ was just my fans .
We estimated 8,000 to 10,000 of them .
We then proceeded to jam the Vegas Strip , bumper to bumper , for 3 hours- flying American flags , with signs demanding the re-opening of the Nevada economy .
Folks this should have been the number one story on the evening news broadcasts .
Las Vegas is the crossroads of America .
What happens in Vegas is proof of what ’ s happening across America .
The fact that thousands of cars and people showed up to demand the @ @ @ @ @ @ @ famous Vegas Strip should be major national news .
Why did thousands show up in normally non-political Las Vegas ?
The pot is boiling .
People are mad as hell , and they ’ re not going to take it anymore .
It ’ s time to re-open the economy .
We want to get back to work , and paying our bills , and feeding our families .
We are the small business owners , employees and taxpayers .
We don ’ t want welfare .
We don ’ t want handouts @ @ @ @ @ @ @ lives .
We won ’ t allow government to feed our families .
That ’ s our job .
We won ’ t hide in our homes anymore .
We are willing to face the risks and sacrifice for our country- just like policemen , firemen and the military .
We are the “ First Responders of the economy.
” You can ’ t stop us from earning a living .
If you ’ re afraid , stay home .
But we ’ re going to work- either with your permission , or @ @ @ @ @ @ @ the media and their big government handlers are afraid of .
So , they had to downplay it , mute it , or make believe it never happened .
That ’ s why my massive , record-setting , attention-getting rally was barely covered by the media .
The television stations that covered it gave it a couple minutes coverage .
None of them mentioned the crowd size , or the fact that outside of Trump rallies , nothing like this had ever happened in the history of the Vegas Strip .
The most @ @ @ @ @ @ @ the UK Daily Mail .
That speaks volumes about the corrupt , biased US media .
But here ’ s the most shocking part of the story .
I ’ m a member of the national media .
I ’ ve hosted national TV and radio shows for my entire adult life .
I ’ d never cover a story like this without interviewing the leader of this massive protest .
Yet not one media organization in America called the organizer and host ( me ) of this massive protest for an interview @ @ @ @ @ @ @ I was black and this was a civil rights march , it would be the number one story in the US media for days .
And the organizer would have been interviewed by hundreds of TV and news channels .
I would have been invited onto Chris Cuomo , Don Lemon , Rachel Maddow , Morning Joe , etc .
I would have been hailed as a “ hero , maverick , and freedom-fighter.
” If I was a Hispanic-American fighting for “ the dignity of illegal aliens ” this story would have @ @ @ @ @ @ @ newspaper in the country .
And of course , so would I .
If I was gay and fighting for transsexuals to use any bathroom they self-identify with , a Democrat President like Obama would invite me to the White House to award me with a “ citizen hero of the year ” medal .
This remarkable , massive Vegas show of force was the very definition of “ grass roots ” ( as liberals call it ) .
No money behind the rally .
No billionaire GOP donors involved .
No advertising @ @ @ @ @ @ @ promote it .
Yet thousands of patriots showed up in Las Vegas , 100 % “ organically.
” The Democrat ’ s chosen presidential candidate could never get this many people to show up for rally .
Not even close .
Yet the US media couldn ’ t care less .
They made believe it never happened .
And they decided to blackout the guy who made it happen- as if I didn ’ t exist .
All because they don ’ t like the message .
And they ’ re scared of @ @ @ @ @ @ @ narrative- that Americans are happy hiding in their homes , too afraid to work , thrilled to wait for government to save them .
But that ’ s not true .
It ’ s a lie .
Thousands of Las Vegans prove what the truth is .
We want our lives , careers and businesses back .
It ’ s time to re-open the economy .
Next up is Part II .
I ’ m going to explain the pain of all these thousands of Americans who attended my event and why the @ @ @ @ @ @ @ .
Wayne Allyn Root is the host of the nationally-syndicated radio show , “ Wayne Allyn Root : Raw & Unfiltered ” on USA Radio Network from 6 PM to 9 PM EST M-F .
Listen live at usaradio.com/wayne-allyn-root/

Have you ever thrown together a last-minute party, with no planning, no promotion, no paid staff, no money spent…and 8,000 to 10,000 people showed up?
I have.It happened last week in Las Vegas. And you need to hear about it.
A week ago, I decided to announce an idea on my nationally-syndicated Las Vegas radio show. I announced a “Open the Nevada Economy” protest caravan. I called it, “the World’s Safest Protest.” Because the entire protest would happen in our cars, listening to all the speeches, interviews and play by play, on my national radio show, on your car radio.
I also predicted it would become “the biggest protest caravan in Vegas Strip history.” Everyone needs to hear what happened. Because the lessons of this story are incredibly powerful for patriots, conservatives, capitalists, anyone who hates the “FAKE NEWS MEDIA.”
But first I’ve got to tell you about my limitations. The good news is I have a very big, opinionated, controversial mouth. And a loud megaphone- my afternoon drivetime radio show that reaches pretty much every conservative in Las Vegas.
The bad news is, I have no organization skills. It’s hard to believe, but I simply announced this rally and then I showed up. There was no planning, no paid staff, no money spent. We did have a few dedicated Vegas Republican groups email blast about the event to their lists. That was our total promotion.
Not one dollar was spent. And a handful of volunteers agreed to show up to greet the attendees. That was the total “organization” for this event.
Until I showed up, I had no idea what I’d find. And then I drove up and saw it with my own eyes: a mob scene out of a movie. It looked like the traffic outside the Super Bowl.
My fans had come out by the thousands. Their cars covered acres and acres of the largest shopping mall parking lot in Vegas. Hundreds of their cars also lined all the surrounding streets. We had created a last-minute “Trump rally.” Except, we did it without Trump. And without his team of hundreds who actually organize each rally.
To see the thousands of cars at the event, click here. Every car in the lot is attending the event. The lot was empty without one car in it, before my fans started showing up:
I was opening speaker at seven Trump rallies in Las Vegas- starring Donald J. Trump. So, I know what a Trump rally looks like. This was literally the size and excitement of a Trump rally. Except it was just my fans. We estimated 8,000 to 10,000 of them.
We then proceeded to jam the Vegas Strip, bumper to bumper, for 3 hours- flying American flags, with signs demanding the re-opening of the Nevada economy.
Folks this should have been the number one story on the evening news broadcasts. Las Vegas is the crossroads of America. What happens in Vegas is proof of what’s happening across America. The fact that thousands of cars and people showed up to demand the re-opening of the economy on the world famous Vegas Strip should be major national news.
Why did thousands show up in normally non-political Las Vegas? The pot is boiling. People are mad as hell, and they’re not going to take it anymore. It’s time to re-open the economy. We want to get back to work, and paying our bills, and feeding our families. We are the small business owners, employees and taxpayers. We don’t want welfare. We don’t want handouts. We take personal responsibility for our lives. We won’t allow government to feed our families. That’s our job. We won’t hide in our homes anymore.
We are primarily funded by readers. Please subscribe and donate to support us!
We are willing to face the risks and sacrifice for our country- just like policemen, firemen and the military. We are the “First Responders of the economy.” You can’t stop us from earning a living. If you’re afraid, stay home. But we’re going to work- either with your permission, or without.
That’s the message the media and their big government handlers are afraid of. So, they had to downplay it, mute it, or make believe it never happened.
That’s why my massive, record-setting, attention-getting rally was barely covered by the media. The television stations that covered it gave it a couple minutes coverage. None of them mentioned the crowd size, or the fact that outside of Trump rallies, nothing like this had ever happened in the history of the Vegas Strip.
The most extensive coverage of my event was by the UK Daily Mail. That speaks volumes about the corrupt, biased US media.
But here’s the most shocking part of the story. I’m a member of the national media. I’ve hosted national TV and radio shows for my entire adult life. I’d never cover a story like this without interviewing the leader of this massive protest. Yet not one media organization in America called the organizer and host (me) of this massive protest for an interview. How is this possible?
If I was black and this was a civil rights march, it would be the number one story in the US media for days. And the organizer would have been interviewed by hundreds of TV and news channels. I would have been invited onto Chris Cuomo, Don Lemon, Rachel Maddow, Morning Joe, etc. I would have been hailed as a “hero, maverick, and freedom-fighter.”
If I was a Hispanic-American fighting for “the dignity of illegal aliens” this story would have been on the front page of every newspaper in the country. And of course, so would I.
If I was gay and fighting for transsexuals to use any bathroom they self-identify with, a Democrat President like Obama would invite me to the White House to award me with a “citizen hero of the year” medal.
This remarkable, massive Vegas show of force was the very definition of “grass roots” (as liberals call it). No money behind the rally. No billionaire GOP donors involved. No advertising. And certainly, no media to promote it. Yet thousands of patriots showed up in Las Vegas, 100% “organically.”
The Democrat’s chosen presidential candidate could never get this many people to show up for rally. Not even close.
Yet the US media couldn’t care less. They made believe it never happened. And they decided to blackout the guy who made it happen- as if I didn’t exist.
All because they don’t like the message. And they’re scared of the messenger. The message ruins their narrative- that Americans are happy hiding in their homes, too afraid to work, thrilled to wait for government to save them.
But that’s not true. It’s a lie. Thousands of Las Vegans prove what the truth is. We want our lives, careers and businesses back. It’s time to re-open the economy.
Next up is Part II. I’m going to explain the pain of all these thousands of Americans who attended my event and why the politicians and media don’t care.
Wayne Allyn Root is the host of the nationally-syndicated radio show, “Wayne Allyn Root: Raw & Unfiltered” on USA Radio Network from 6 PM to 9 PM EST M-F. Listen live at usaradio.com/wayne-allyn-root/


investmentwatchblog--2020-05-01--FREE SH*T ARMY! Stimulus Proposal: $2,000 Payment Plus $1,000 Per Month Until 1 Year After Crisis En

FREE SH*T ARMY! Stimulus Proposal: $2,000 Payment Plus $1,000 Per Month Until 1 Year After Crisis Ends

Get them hooked on Socialism .
The CARES Act provided many Americans with financial relief in the form of a $ 1,200 stimulus check .
But as that program rolls out , it has become apparent to lawmakers that more financial assistance is needed .
There are currently several proposals from various lawmakers that would provide Americans with ongoing financial support .
You can learn more about current proposals here .
Now you can add the Automatic BOOST to Communities ( ABC ) Act proposal , which was introduced by Congresswomen Rashida Tlaib ( D-MI ) and Pramila Jayapal ( @ @ @ @ @ @ @ ABC Act would provide every American with a BOOST debit card that is preloaded with $ 2,000 .
The card would be reloaded with $ 1,000 each month until one year after the end of the COVID-19 crisis .
The bill calls for the use of pre-paid debit cards to assist those who are unbanked or do not have access to check cashing services .
Who Would Be Eligible for the $ 2,000 Stimulus Payment & $ 1,000 Recurring Payment ?
The goal of this bill is to guarantee no one is left @ @ @ @ @ @ @ would provide a $ 2,000 pre-paid debit card to everyone , including :

Get them hooked on Socialism.
The CARES Act provided many Americans with financial relief in the form of a $1,200 stimulus check. But as that program rolls out, it has become apparent to lawmakers that more financial assistance is needed. There are currently several proposals from various lawmakers that would provide Americans with ongoing financial support. You can learn more about current proposals here.
Now you can add the Automatic BOOST to Communities (ABC) Act proposal, which was introduced by Congresswomen Rashida Tlaib (D-MI) and Pramila Jayapal (D-WA).
If approved, the ABC Act would provide every American with a BOOST debit card that is preloaded with $2,000. The card would be reloaded with $1,000 each month until one year after the end of the COVID-19 crisis.
The bill calls for the use of pre-paid debit cards to assist those who are unbanked or do not have access to check cashing services.
Who Would Be Eligible for the $2,000 Stimulus Payment & $1,000 Recurring Payment?
The goal of this bill is to guarantee no one is left behind. As written, the bill would provide a $2,000 pre-paid debit card to everyone, including:


investmentwatchblog--2020-05-01--April 14 Executive Order reveals impending disaster may be coming to the U.S.

Why has the White House been so concerned with who will run the country lately and how they will secure it ?
Does a new 14 April 2020 Executive Order suggest impending disaster may be coming to the U.S. ?
Why has the White House been so concerned with who will run the country lately and how they will secure it ?
Something is going on… A Presidential Document issued by the Executive Office of the President reveals that President Donal Trump signed Executive Order 13915 on April 14 which provides the order of succession in the event the Secretary @ @ @ @ @ @ @ have died or otherwise become unable to perform their job .
From the executive order titled Providing an Order of Succession Within the Department of the Interior : By the authority vested in me as President by the Constitution and the laws of the United States of America , including the Federal Vacancies Reform Act of 1998 , 5 U.S.C .
3345 et seq.
, it is hereby ordered that : Section 1 .
Subject to the provisions of section 3 of this order , the officers named in section 2 , in @ @ @ @ @ @ @ and perform the functions and duties of the office of Secretary of the Interior ( Secretary ) during any period when both the Secretary and the Deputy Secretary of the Interior have died , resigned , or are otherwise unable to perform the functions and duties of the office of Secretary .
Sec .
2 .
Order of Succession .
( a ) Solicitor of the Department of the Interior ; ( b ) Assistant Secretary of the Interior in charge of Policy , Management , and Budget ; ( c ) Assistant @ @ @ @ @ @ @ Land and Minerals Management ; ( d ) Assistant Secretary of the Interior in charge of Water and Science ; ( e ) Assistant Secretary of the Interior for Fish and Wildlife ; ( f ) Assistant Secretary of the Interior in charge of Indian Affairs ; and ( g ) Assistant Secretary of the Interior in charge of Insular and International Affairs .
Sec .
3 .
Exceptions .
( a ) No individual who is serving in an office listed in section 2 of this order in an acting capacity shall @ @ @ @ @ @ @ act as Secretary pursuant to this order .
( b ) Notwithstanding the provisions of this order , the President retains discretion , to the extent permitted by the Federal Vacancies Reform Act of 1998 , to depart from this order in designating an acting Secretary .
Sec .
4 .
Revocation of Executive Order .
Executive Order 13244 of December 18 , 2001 ( Providing an Order of Succession Within the Department of the Interior ) , is hereby revoked .
Anyone have a clue as to why this was signed at @ @ @ @ @ @ @ references the Federal Vacancies Reform Act of 1998 ?
Is there something going on that we should all know about ?
Please comment below and share any ideas you may have .

Why has the White House been so concerned with who will run the country lately and how they will secure it?
Does a new 14 April 2020 Executive Order suggest impending disaster may be coming to the U.S.?
Why has the White House been so concerned with who will run the country lately and how they will secure it?
Something is going on…
A Presidential Document issued by the Executive Office of the President reveals that President Donal Trump signed Executive Order 13915 on April 14 which provides the order of succession in the event the Secretary and the Deputy Secretary of the Interior have died or otherwise become unable to perform their job.
From the executive order titled Providing an Order of Succession Within the Department of the Interior:
By the authority vested in me as President by the Constitution and the laws of the United States of America, including the Federal Vacancies Reform Act of 1998, 5 U.S.C. 3345 et seq., it is hereby ordered that:
Section 1. Subject to the provisions of section 3 of this order, the officers named in section 2, in the order listed, shall act as and perform the functions and duties of the office of Secretary of the Interior (Secretary) during any period when both the Secretary and the Deputy Secretary of the Interior have died, resigned, or are otherwise unable to perform the functions and duties of the office of Secretary.
Sec. 2. Order of Succession. (a) Solicitor of the Department of the Interior;
(b) Assistant Secretary of the Interior in charge of Policy, Management, and Budget;
(c) Assistant Secretary of the Interior in charge of Land and Minerals Management;
(d) Assistant Secretary of the Interior in charge of Water and Science;
(e) Assistant Secretary of the Interior for Fish and Wildlife;
(f) Assistant Secretary of the Interior in charge of Indian Affairs; and
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(g) Assistant Secretary of the Interior in charge of Insular and International Affairs.
Sec. 3. Exceptions. (a) No individual who is serving in an office listed in section 2 of this order in an acting capacity shall, by virtue of so serving, act as Secretary pursuant to this order.
(b) Notwithstanding the provisions of this order, the President retains discretion, to the extent permitted by the Federal Vacancies Reform Act of 1998, to depart from this order in designating an acting Secretary.
Sec. 4. Revocation of Executive Order. Executive Order 13244 of December 18, 2001 (Providing an Order of Succession Within the Department of the Interior), is hereby revoked.
THE WHITE HOUSE, April 14, 2020. Filed 4-16-20; 11:15 am]
[FR Doc. 2020-08392
Billing code 3295-F0-P
www.federalregister.gov/documents/2020/04/17/2020-08392/providing-an-order-of-succession-within-the-department-of-the-interior
Anyone have a clue as to why this was signed at this point in time?
Notice it references the Federal Vacancies Reform Act of 1998?
Is there something going on that we should all know about?
Please comment below and share any ideas you may have.
h/t DeplorableOldMan


investmentwatchblog--2020-05-01--Executive order from @POTUS ordering selective US military reserve units to active duty

The order seems to say that the call up is only for an enhanced “ Counter Narcotic Mission ” .
@ @ @ @ @ Guard of Trinidad & Tobago stopped the cargo ship # Throne where it was discovered @ @ @ @ @ cocaine concealed in the fuel tanks .
Here we can see the interdiction and escort @ @ @ @ @ president can pretty much do anthing he wants — for a limited time at any @ @ @ @ @ don ’ t think we ’ re talking about an all out invasion .
We @ @ @ @ @ that Venezuela and F.A.R.C .
are trafficking .

Executive order from @POTUS ordering selective US military reserve units to active duty. pic.twitter.com/MgJSQq3vbP — Steve Herman (@W7VOA) April 30, 2020
The order seems to say that the call up is only for an enhanced “Counter Narcotic Mission”.
The order seems to say that the call up is only for an enhanced "Counter Narcotic Mission". t.co/JAfvuIX30h — EndGameWW3 (@EndGameWW3) April 30, 2020
@Simon85205764
·
1h
Coast Guard of Trinidad & Tobago stopped the cargo ship #Throne where it was discovered to have 400 Kg of cocaine concealed in the fuel tanks. Here we can see the interdiction and escort back to port.
Coast Guard of Trinidad & Tobago stopped the cargo ship #Throne where it was discovered to have 400 Kg of cocaine concealed in the fuel tanks. Here we can see the interdiction and escort back to port. #Venezuela#TrinidadAndTobago #JIATFS pic.twitter.com/q7tG40o5QM — Simón Bolívar (@Simon85205764) April 30, 2020
War Powers Act
A president can pretty much do anthing he wants — for a limited time at any rate.
1973 — Congress abdicated its war powers.
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The Imperial Presidency is a thing.
Anyway, I don’t think we’re talking about an all out invasion.
We ARE talking about interdicting drugs that Venezuela and F.A.R.C. are trafficking.
h/t Builder


investmentwatchblog--2020-05-01--Coronavirus News: 100 bodies found in unrefrigerated trailers outside Brooklyn funeral home: Police

FLATLANDS , Brooklyn ( WABC ) — City officials say they responded to bodies in two unrefrigerated trucks outside a @ @ @ @ @ of an foul odor .
A police source told ABC News that two unrefrigerated trailers @ @ @ @ @ Services on Utica Avenue each contained 50 bodies .
Unrefrigerated trucks are not appropriate storage @ @ @ @ @ the city had obtained freezer trucks to temporarily hold bodies for overwhelmed funeral homes until @ @ @ @ @ learning of the situation Wednesday , the city sent the proper storage equipment ( a @ @ @ @ @ the bodies .

Coronavirus News: 100 bodies found in unrefrigerated trailers outside Brooklyn funeral home: Police source
FLATLANDS, Brooklyn (WABC) — City officials say they responded to bodies in two unrefrigerated trucks outside a Brooklyn funeral home following reports of an foul odor.
A police source told ABC News that two unrefrigerated trailers outside Andrew T. Cleckley Funeral Services on Utica Avenue each contained 50 bodies.
We are primarily funded by readers. Please subscribe and donate to support us!
Unrefrigerated trucks are not appropriate storage for bodies and unnecessary as the city had obtained freezer trucks to temporarily hold bodies for overwhelmed funeral homes until arrangements are finalized. Upon learning of the situation Wednesday, the city sent the proper storage equipment (a freezer truck) to hold the bodies.
abc7ny.com/health/mayor-unrefrigerated-bodies-outside-funeral-home-unacceptable/6140056/


investmentwatchblog--2020-05-01--Medford City disburses $100,000 in marijuana tax money for COVID-19 relief

The City of Medford has dispersed $ 100,000 of marijuana tax funds to local service organizations to help with COVID-19 @ @ @ @ @ disburses $ 100,000 in marijuana tax money for COVID-19 City of Medford provides COVID-19 relief @ @ @ @ @ Marissa Olid/KTVL ) .
{ p } { /p } MEDFORD , Ore. — The @ @ @ @ @ $ 100,000 of marijuana tax funds to local service organizations to help with COVID-19 related @ @ @ @ @ Sjothun , Medford City Manager , the city authorized the money to be directed towards @ @ @ @ @ on March 19 .
“ There was no hesitation from anybody , ” Sjothun said @ @ @ @ @ budget , which was approved by the city in June , set aside the $ @ @ @ @ @

The City of Medford has dispersed $100,000 of marijuana tax funds to local service organizations to help with COVID-19 related needs.
Medford City disburses $100,000 in marijuana tax money for COVID-19
City of Medford provides COVID-19 relief funds to local organizations (Marissa Olid/KTVL).{p}{/p}
MEDFORD, Ore. —
The City of Medford has dispersed $100,000 of marijuana tax funds to local service organizations to help with COVID-19 related needs.
According to Brian Sjothun, Medford City Manager, the city authorized the money to be directed towards COVID relief by unanimous vote on March 19.
“There was no hesitation from anybody,” Sjothun said.
We are primarily funded by readers. Please subscribe and donate to support us!
The marijuana tax revenue budget, which was approved by the city in June, set aside the $100,000 for future needs.
ktvl.com/amp/news/local/medford-city-disburses-100000-in-marijuana-tax-money-for-covid-19-relief


investmentwatchblog--2020-05-01--Comey’s failures were part of a larger pattern of misconduct and politicization at the FBI. Durham i

Comey’s failures were part of a larger pattern of misconduct and politicization at the FBI. Durham is coming.

We already knew that James Comey 's FBI was out to get General Flynn and President Trump .
But it @ @ @ @ @ .
Comey 's failures were part of a larger pattern of misconduct and politicization at @ @ @

We already knew that James Comey's FBI was out to get General Flynn and President Trump.
But it was worse than we thought.
Comey's failures were part of a larger pattern of misconduct and politicization at the FBI.
Durham is coming. pic.twitter.com/gLfW2n7zVI
— House Judiciary GOP (@JudiciaryGOP) April 30, 2020


investmentwatchblog--2020-05-01--California Gov. Gavin Newsom is set to announce the closure of all beaches and state parks

California Gov .
Gavin Newsom is set to announce the closure of all beaches and state parks following the crowds that gathered at beaches last weekend , particular in Orange County , multiple law enforcement agencies told NBCLA Wednesday night .
Orange County Supervisor Donald Wagner released the following statement in response to the governor ’ s proposed actions : “ I believe Governor Newsom has the power to close Orange County beaches .
However , it is not wise to do so .
Medical professionals tell us the importance of fresh air and sunlight in fighting infectious diseases , @ @ @ @ @ @ @ , Orange County citizens have been cooperative with California state and county restrictions thus far .
I fear that this overreaction from the state will undermine that cooperative attitude and our collective efforts to fight the disease , based on the best available medical information.
” This order is unconstitutional — Governor Newsom , it ’ s not your beach , and we are not your serfs !
Time to take this state back through massive civil disobedience of unconstitutionally overbroad orders !
No more !
A new study of the more than @ @ @ @ @ @ @ reveals that the majority of the outbreaks were fueled by indoor transmission of the disease , while outdoor transmission was scarce .

California Gov. Gavin Newsom is set to announce the closure of all beaches and state parks following the crowds that gathered at beaches last weekend, particular in Orange County, multiple law enforcement agencies told NBCLA Wednesday night.
MORE:
www.nbclosangeles.com/news/california-news/governor-reportedly-set-to-close-all-beaches-and-state-parks-in-california/2354601/
——
Orange County Supervisor Donald Wagner released the following statement in response to the governor’s proposed actions:
“I believe Governor Newsom has the power to close Orange County beaches. However, it is not wise to do so. Medical professionals tell us the importance of fresh air and sunlight in fighting infectious diseases, including mental health benefits.”
“Moreover, Orange County citizens have been cooperative with California state and county restrictions thus far. I fear that this overreaction from the state will undermine that cooperative attitude and our collective efforts to fight the disease, based on the best available medical information.”
We are primarily funded by readers. Please subscribe and donate to support us!
MORE:
www.foxla.com/news/source-gov-newsom-to-announce-closure-of-all-beaches-and-state-parks
This order is unconstitutional — Governor Newsom, it’s not your beach, and we are not your serfs! Time to take this state back through massive civil disobedience of unconstitutionally overbroad orders! No more!
This order is unconstitutional — Governor Newsom, it’s not your beach, and we are not your serfs! Time to take this state back through massive civil disobedience of unconstitutionally overbroad orders! No more! Memo says California governor will order all beaches closed t.co/sIe1UTxTK8 — Harmeet K. Dhillon (@pnjaban) April 30, 2020
A new study of the more than 300 outbreak clusters of COVID-19 in China reveals that the majority of the outbreaks were fueled by indoor transmission of the disease, while outdoor transmission was scarce.
SOURCE:
thehill.com/policy/healthcare/494348-new-study-finds-few-cases-of-outdoor-transmission-of-coronavirus-in-china
h/t STAX


investmentwatchblog--2020-05-01--Liverpool on verge of declaring bankruptcy because of coronavirus

The city ’ s council is said to be considering imposing emergency spending controls after the government ‘ failed to @ @ @ @ @ ’ when the pandemic hit .
Communities Secretary Robert Jenrick pledged that councils across the @ @ @ @ @ their emergency epidemic spending , but Liverpool councillors say what has so far been offered @ @ @ @ @ The council will spend £78 million through increased costs and loss of income because of @ @ @ @ @ the Liverpool Echo reports .
But it has only received £34 million from the Government @ @ @ @ @ the second lower than the first .

The city’s council is said to be considering imposing emergency spending controls after the government ‘failed to offer anywhere near enough support’ when the pandemic hit. Communities Secretary Robert Jenrick pledged that councils across the UK will be reimbursed for their emergency epidemic spending, but Liverpool councillors say what has so far been offered barely scratches the surface. The council will spend £78 million through increased costs and loss of income because of Covid-19 this financial year, the Liverpool Echo reports. But it has only received £34 million from the Government in two tranches, with the second lower than the first.
Read more: metro.co.uk/2020/04/30/liverpool-verge-declaring-bankruptcy-coronavirus-12632768/?ico=pushly-notifcation-small&utm_source=pushly?ito=cbshare
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Twitter: twitter.com/MetroUK | Facebook: www.facebook.com/MetroUK/


investmentwatchblog--2020-05-01--Global internet outages record high

Global internet outages record high

• A third of outages in the first quarter struck in Europe , the Middle East and Africa • UK @ @ @ @ @ low overall , with improvements in April • But the findings come days after outages @ @ @ @ @ Britain Internet outages have hit record highs during the coronavirus lockdown , as network operators @ @ @ @ @ demand of more people now working at home .
According to US network intelligence firm @ @ @ @ @ the globe were seen to rise across March , reaching previously unseen levels .
While @ @ @ @ @ UK and internationally performed better at the start of April , the last week has @ @ @ @ @ issues .
The findings come days after Virgin Media users in the UK experienced extensive @ @ @ @ @ attributed to a network technical fault rather than increased usage .

Network outage data was collected by a US-based network intelligence firm
A third of outages in the first quarter struck in Europe, the Middle East and Africa
UK outages in lockdown have been low overall, with improvements in April
But the findings come days after outages struck Virgin Media uses across Britain
Internet outages have hit record highs during the coronavirus lockdown, as network operators make changes to meet the demand of more people now working at home.
According to US network intelligence firm ThousandEyes, network outages across the globe were seen to rise across March, reaching previously unseen levels.
While internet infrastructure in both the UK and internationally performed better at the start of April, the last week has seen another spike in reported issues.
We are primarily funded by readers. Please subscribe and donate to support us!
The findings come days after Virgin Media users in the UK experienced extensive outages, which the firm attributed to a network technical fault rather than increased usage.
www.dailymail.co.uk./sciencetech/article-8269245/Global-internet-outages-reach-record-high-coronavirus-lockdown.html


investmentwatchblog--2020-05-01--Man kills mail carrier over stimulus check

A U.S. postal carrier is dead after reportedly being shot by a man on her route following disagreements about withheld @ @ @ @ @ an aggressive dog , according to multiple media outlets .
The president of the local @ @ @ @ @ says Angela Summers was shot after a person inside a home she delivers mail to @ @ @ @ @ check , according to WXIN .
Tony Cushingberry , 21 , was charged Wednesday with @ @ @ @ @ a federal employee and discharging a firearm during a crime , according to court documents @ @ @ @ @ Indianapolis Star reported .

A U.S. postal carrier is dead after reportedly being shot by a man on her route following disagreements about withheld mail including stimulus checks and an aggressive dog, according to multiple media outlets.
The president of the local mail carriers union in Indianapolis says Angela Summers was shot after a person inside a home she delivers mail to had not received their stimulus check, according to WXIN.
We are primarily funded by readers. Please subscribe and donate to support us!
Tony Cushingberry, 21, was charged Wednesday with “second-degree murder, assaulting a federal employee and discharging a firearm during a crime, according to court documents filed Wednesday,” the Indianapolis Star reported.
www.kansascity.com./news/nation-world/national/article242396511.html


investmentwatchblog--2020-05-01--Michael Markowski: Interim Relief Rally Highs Will Soon Occur

My prediction is that the S & P 500 ’ s secular bull market which began in March 2009 ended @ @ @ @ @ .
The ninth secular bear since 1802 began on February 20th .
Michael Markowski has @ @ @ @ @ Markets since 1977 .
He spent the first 15 years of his career in the @ @ @ @ @ Stockbroker , Portfolio Manager , Venture Capitalist , Investment Banker and Analyst .
Since 1996 @ @ @ @ @ the Financial Information Industry and has produced research , information and products that have been @ @ @ @ @ their performance and reduce their risk .
Read more at BullsNBears.com

My prediction is that the S&P 500’s secular bull market which began in March 2009 ended on February 19, 2020. The ninth secular bear since 1802 began on February 20th.
Michael Markowski has been involved in the Capital Markets since 1977. He spent the first 15 years of his career in the Financial Services Industry as a Stockbroker, Portfolio Manager, Venture Capitalist, Investment Banker and Analyst. Since 1996 Markowski has been involved in the Financial Information Industry and has produced research, information and products that have been used by investors to increase their performance and reduce their risk. Read more at BullsNBears.com


investmentwatchblog--2020-05-01--Is Q1 GDP Data Masking The True Global Economic Future?

by Chris Vermeulen of The Technical Traders As Q1 GDP data is released on Wednesday , April 29 , which will reflect the first three months of 2020 in terms of total economic output , we believe the number will skew the current true global economic conditions to a large degree .
The pandemic shutdowns started in the US on March 15th – nearly 2 weeks before the end of Q1:2020 .
Thus , we had a fairly normal Q1 in terms of economic activity , production , and consumer engagement .
Everything changed after March 15th , 2020 .
@ @ @ @ @ @ @ economic data and “ week over week ” data that is presented .
Skilled traders also need to pay attention to the news items that are being pushed out to the public .
Larger and larger corporations and sectors are moving towards bankruptcy or screaming for a bailout .
Airlines , Hotels , Car Rental , and dozens of other sectors have all collapsed over the past 5+ weeks .
We expect real estate activity and pricing to collapse as well .
The results of the last 5+ weeks , after the March @ @ @ @ @ @ @ but normal .
We continue to believe the current data and news , which is still representative of the Q1 ( pre-shutdown ) economic activity may lull investors/traders into believing the global economy will rebound fairly quickly from this virus event .
Traders/investors are looking at this current data and thinking , “ well , this isn ’ t so bad ” .
But they are failing to understand the true scope of the economic contraction event and what the longer-term outcome is likely to be in terms of recovery .
The total @ @ @ @ @ @ @ trillion .
An estimated 15 % to 20 % global GDP contraction as a result of the Covid-19 virus event would shave $ 28.5 to $ 38.0 trillion right off the top of the 2020 global economic output .
Should the global shutdown last through the end of May 2020 ( or beyond in some form ) , we believe the contraction in global GDP could become even more severe .
The complicated issues that arise from this global contraction in GDP also bleed over into supply-side economics .
As the world attempts @ @ @ @ @ @ @ avoid spreading the virus and risking more lives , demand collapses .
Once demand collapses enough ( resulting in price level collapses as we ’ ve seen in Oil ) the result in production/supply issues becomes even more complicated .
Unlike Eggs or Milk , one simply can ’ t bury or destroy other types of supply .
The destruction of certain industries , resources , and capabilities will become very real over time as a result of any extended contraction event .
The longer-term results of this type of event are sometimes @ @ @ @ @ @ @ levels rise as income and economic output stay moderately flat .
BEFORE WE CONTINUE , BE SURE TO OPT-IN TO MY FREE MARKET TREND SIGNALS SO YOU DON ’ T MISS OUR NEXT SPECIAL REPORT !
Our Custom Smart Cash Index highlights the “ new price channel ” that setup recently and why all traders/investors should really start to pay attention to how the global markets have transitioned into a new phase or price cycle .
You can see from the chart , below , that the global markets broke below an upward @ @ @ @ @ @ @ since 2012 recently and has established a new downward price channel spanning the December 2018 lows to the February 2020 highs .
We believe the current upward price trend on this chart is nothing more than a “ bullish retracement in a bearish trend ” and that the global markets will begin another downside price move within 5 to 10+ days .
As we ’ ve been trying to share with you over the past few weeks , the longer-term global economic disruption is just getting started .
We believe the US Dollar @ @ @ @ @ @ @ demand throughout the world as global economies begin to feel the pressures of the demand-side collapse .
We believe the US dollar is uniquely positioned to benefit from the global economic crisis simply because the US economy is the biggest and most capable economies on the planet in terms of the ability to recover from this virus event .
As foreign nations attempt to deal with weakening currencies and economies related to the collapse in demand and continued virus-related economic transitions , we believe the US economy will be one of the first @ @ @ @ @ @ @ over the next 2 to 3+ years .
Thus , we believe the US Dollar may attempt another quick downside valuation move , similar to what happened in February/March 2020 , then rally to levels above 102 again as continued economic data hit the markets .
Remember , valuation levels of currencies are often based on future expectations of economic stability and capability for any nation .
The US Dollar is a bit different because it is also the “ currency of choice ” in terms of global economic activity .
We believe @ @ @ @ @ @ @ “ melt-up ” process as the virus data continues to scorch the world ’ s economic output .
These longer-term economic expectations are key to understanding how the recovery process will create opportunities for skilled traders and investors .
We believe the world will survive this virus event .
Yet , we also believe the global economic landscape will likely change over the next 3+ years as this virus event could very easily push many foreign nations away from economic relationships or projects they have engaged in over the past 10+ years .
@ @ @ @ @ @ @ big game-changer ” in terms of how and what the future of the global economic world will look like for many .
As we ’ ve warned many times , it is not the localized “ one-off ” economic event that presents a real problem for the global economy – central banks can simply patch the economy up with an infusion of cash .
The bigger problems for the global economy happen when a fundamental shift takes place that lasts 6 to 12+ months and disrupts the “ systems ” in place throughout @ @ @ @ @ @ @ event could start a process that disrupts supply , demand , consumer engagement , and true valuation levels of almost all commodities and assets throughout the globe over the next 24+ months .
In Part II of this article , we ’ ll attempt to share more data and highlight where opportunities may present real profit objectives for skilled investors and traders .
The next few years are going to be full of incredible opportunities for skilled traders and investors .
Huge price swings , incredible revaluation events , and , eventually , @ @ @ @ @ @ @ .
I ’ ve been trading since 1997 and I ’ ve lived through numerous market events .
The one thing I teach my members is that risk is always a big part of trading and that ’ s why I structure all of my research and trading signals around “ finding profits while reducing overall risks ” .
Sure , there are fast profits to be made in these wild market swings , but those types of trades are extremely risky for most people – and I don ’ t know many @ @ @ @ @ @ @ hard-earned money when daily price swings in various assets are moving 10 % to 95 % .
I ’ m offering you the chance to learn to profit , as I do with my own money from market trends that I hand-pick for my own trading .
These are not wild , crazy trades – these are simple , effective , and slower types of trades that consistently build wealth .
I issue about 2 to 4+ trades a month for my members and adjust trade allocation based on my proprietary allocation and @ @ @ @ @ @ @ gain profits while managing overall risks .
You don ’ t have to spend days or weeks trying to learn my strategy .
You don ’ t have to try to learn to make these decisions on your own or follow the markets 24/7 – I do that for you .
All you have to do is follow my research and trading signals and start benefiting from my trading experience .
My new mobile apps make it simple – download the app , sign in and everything is delivered to your phone , @ @ @ @ @ @ @ videos , education , and trade alerts .
I offer membership services for active traders , long-term investors , and wealth/asset managers .
Each of these services is driven by my own experience and my proprietary trading and risk modeling systems .
I have a small team of dedicated researchers and developers that do nothing but research and find trading signals for us to take advantage of together .
Our objective is to help you protect and grow your wealth .
Please take a moment to visit www.TheTechnicalTraders.com to learn more .
I @ @ @ @ @ @ @ this… I want to help you create success while helping you protect and preserve your wealth – it ’ s that simple .

by Chris Vermeulen of The Technical Traders
As Q1 GDP data is released on Wednesday, April 29, which will reflect the first three months of 2020 in terms of total economic output, we believe the number will skew the current true global economic conditions to a large degree. The pandemic shutdowns started in the US on March 15th – nearly 2 weeks before the end of Q1:2020. Thus, we had a fairly normal Q1 in terms of economic activity, production, and consumer engagement. Everything changed after March 15th, 2020.
Skilled traders need to watch the current economic data and “week over week” data that is presented. Skilled traders also need to pay attention to the news items that are being pushed out to the public. Larger and larger corporations and sectors are moving towards bankruptcy or screaming for a bailout. Airlines, Hotels, Car Rental, and dozens of other sectors have all collapsed over the past 5+ weeks. We expect real estate activity and pricing to collapse as well. The results of the last 5+ weeks, after the March 15th shutdown started, have been anything but normal.
We continue to believe the current data and news, which is still representative of the Q1 (pre-shutdown) economic activity may lull investors/traders into believing the global economy will rebound fairly quickly from this virus event. Traders/investors are looking at this current data and thinking, “well, this isn’t so bad”. But they are failing to understand the true scope of the economic contraction event and what the longer-term outcome is likely to be in terms of recovery.
TOTAL WORLD GDP OUTPUT
The total world GDP output was approximately $190 trillion. An estimated 15% to 20% global GDP contraction as a result of the Covid-19 virus event would shave $28.5 to $38.0 trillion right off the top of the 2020 global economic output. Should the global shutdown last through the end of May 2020 (or beyond in some form), we believe the contraction in global GDP could become even more severe.
The complicated issues that arise from this global contraction in GDP also bleed over into supply-side economics. As the world attempts to “shelter in place” to avoid spreading the virus and risking more lives, demand collapses. Once demand collapses enough (resulting in price level collapses as we’ve seen in Oil) the result in production/supply issues becomes even more complicated. Unlike Eggs or Milk, one simply can’t bury or destroy other types of supply. The destruction of certain industries, resources, and capabilities will become very real over time as a result of any extended contraction event. The longer-term results of this type of event are sometimes called “stagflation” – where price levels rise as income and economic output stay moderately flat.
BEFORE WE CONTINUE, BE SURE TO OPT-IN TO MY FREE MARKET TREND SIGNALS SO YOU DON’T MISS OUR NEXT SPECIAL REPORT!
CUSTOM SMART STOCK MARKET INDEX
Our Custom Smart Cash Index highlights the “new price channel” that setup recently and why all traders/investors should really start to pay attention to how the global markets have transitioned into a new phase or price cycle. You can see from the chart, below, that the global markets broke below an upward price channel that has been in place since 2012 recently and has established a new downward price channel spanning the December 2018 lows to the February 2020 highs.
We believe the current upward price trend on this chart is nothing more than a “bullish retracement in a bearish trend” and that the global markets will begin another downside price move within 5 to 10+ days. As we’ve been trying to share with you over the past few weeks, the longer-term global economic disruption is just getting started.
US DOLLAR DAILY CHART
We believe the US Dollar will enter a new phase of increasing demand throughout the world as global economies begin to feel the pressures of the demand-side collapse. We believe the US dollar is uniquely positioned to benefit from the global economic crisis simply because the US economy is the biggest and most capable economies on the planet in terms of the ability to recover from this virus event. As foreign nations attempt to deal with weakening currencies and economies related to the collapse in demand and continued virus-related economic transitions, we believe the US economy will be one of the first global economies to regain any real growth over the next 2 to 3+ years.
Thus, we believe the US Dollar may attempt another quick downside valuation move, similar to what happened in February/March 2020, then rally to levels above 102 again as continued economic data hit the markets. Remember, valuation levels of currencies are often based on future expectations of economic stability and capability for any nation. The US Dollar is a bit different because it is also the “currency of choice” in terms of global economic activity. We believe the US Dollar could begin a moderate “melt-up” process as the virus data continues to scorch the world’s economic output.
We are primarily funded by readers. Please subscribe and donate to support us!
CONCLUDING THOUGHTS:
These longer-term economic expectations are key to understanding how the recovery process will create opportunities for skilled traders and investors. We believe the world will survive this virus event. Yet, we also believe the global economic landscape will likely change over the next 3+ years as this virus event could very easily push many foreign nations away from economic relationships or projects they have engaged in over the past 10+ years. This virus event is really a “big game-changer” in terms of how and what the future of the global economic world will look like for many.
As we’ve warned many times, it is not the localized “one-off” economic event that presents a real problem for the global economy – central banks can simply patch the economy up with an infusion of cash. The bigger problems for the global economy happen when a fundamental shift takes place that lasts 6 to 12+ months and disrupts the “systems” in place throughout the globe. We believe this virus event could start a process that disrupts supply, demand, consumer engagement, and true valuation levels of almost all commodities and assets throughout the globe over the next 24+ months.
In Part II of this article, we’ll attempt to share more data and highlight where opportunities may present real profit objectives for skilled investors and traders.
The next few years are going to be full of incredible opportunities for skilled traders and investors. Huge price swings, incredible revaluation events, and, eventually, an incredible upside rally will start again.
I’ve been trading since 1997 and I’ve lived through numerous market events. The one thing I teach my members is that risk is always a big part of trading and that’s why I structure all of my research and trading signals around “finding profits while reducing overall risks”. Sure, there are fast profits to be made in these wild market swings, but those types of trades are extremely risky for most people – and I don’t know many successful traders that want to risk their hard-earned money when daily price swings in various assets are moving 10% to 95%.
I’m offering you the chance to learn to profit, as I do with my own money from market trends that I hand-pick for my own trading. These are not wild, crazy trades – these are simple, effective, and slower types of trades that consistently build wealth. I issue about 2 to 4+ trades a month for my members and adjust trade allocation based on my proprietary allocation and risk algo – the objective is to gain profits while managing overall risks.
You don’t have to spend days or weeks trying to learn my strategy. You don’t have to try to learn to make these decisions on your own or follow the markets 24/7 – I do that for you. All you have to do is follow my research and trading signals and start benefiting from my trading experience. My new mobile apps make it simple – download the app, sign in and everything is delivered to your phone, tablet, or desktop – updates, videos, education, and trade alerts.
I offer membership services for active traders, long-term investors, and wealth/asset managers. Each of these services is driven by my own experience and my proprietary trading and risk modeling systems. I have a small team of dedicated researchers and developers that do nothing but research and find trading signals for us to take advantage of together. Our objective is to help you protect and grow your wealth.
Please take a moment to visit www.TheTechnicalTraders.com to learn more. I cannot say it any better than this… I want to help you create success while helping you protect and preserve your wealth – it’s that simple.
Chris Vermeulen
Chief Market Strategist
Founder of Technical Traders Ltd.


investmentwatchblog--2020-05-01--Scotiabank to close its metals business – no more gold and silver from them.

This might be a sign to come from other banks… Interesting times are certainly ahead of us all… Bank of @ @ @ @ @ metals business , a division whose origins date back centuries and that brought prominence — @ @ @ @ @ Canada ’ s third-largest bank .
Employees were informed of the decision to shutter the @ @ @ @ @ Tuesday morning , sources told the Financial Post .
No more gold bullion or silver… @ @ @ @ @ a trend… Since 1684 Scotiabank has been in the metals trade…

This might be a sign to come from other banks…
Interesting times are certainly ahead of us all…
business.financialpost.com/news/scotiabank-to-close-its-metals-business
Bank of Nova Scotia is closing its metals business, a division whose origins date back centuries and that brought prominence — and then lawsuits — to Canada’s third-largest bank.
Employees were informed of the decision to shutter the operation during a conference call Tuesday morning, sources told the Financial Post.
www.kitco.com/news/2020-04-28/Scotiabank-to-close-its-metals-business-sources.html
We are primarily funded by readers. Please subscribe and donate to support us!
www.scotiabank.com/ca/en/personal/investing/precious-metals.html
No more gold bullion or silver…
Is this going to be a trend…
Since 1684 Scotiabank has been in the metals trade…
h/t COVID19