investmentwatchblog--2020-12-19--Unprecedented And Global: Printing Until The Economy Collapses

Will this be the last gold rush ?
Charles Goyette : The End Of The Federal Reserve Tom welcomes a new guest Charles Goyette to the show .
Charles is an author and well known radio personality .
Charles outlines what may make this the last gold rush .
There is something different about this bull market , and that is what he has written about in his latest book .
Bull markets are generally driven by money printing , but today this is unprecedented and global .
He discusses much of the history of gold ownership in the United @ @ @ @ @ @ @ is fragile .
The U.S. Government has massively overspent that much of the world is pushing back .
The U.S. grows weaker because the might of the U.S. comes from it ’ s economic strength , which is in decline .
He explains the Federal Reserve System ’ s beginnings and why it ’ s name was an ingenious marketing ploy .
They didn ’ t dare call it a central bank , but it instead encouraged the notion of central reserves to provide stability and liquidity .
Last March , the Fed @ @ @ @ @ @ @ were being abolished .
The rapid move toward a global digital currency standard is being driven by the need to eliminate cash .
Since governments and central banks know they are moving into a period of negative interest rates , they want to charge the consumer while also monitoring and controlling their spending habits .
Charles discusses some of the more crazy aspects of Modern Monetary Theory and their belief they can print money without consequence .
Before Covid , introducing MMT would have been very difficult , but now , this is @ @ @ @ @ @ @ spending .
The government is always trying to inflate , and their motivations are many .
The market senses these bubbles and tries to deflate them to some norm .
Thus the popping of the bubbles is deflation , and the pumping up is inflation .
The impact of all the business closings this year and job losses have yet to be fully felt as they rebound throughout the economy .
He says , “ They will print money until the economy collapses… We ’ re in an end-game event for the dollar.
@ @ @ @ @ @ @ Introduction 0:49 – The Last Gold Rush 4:18 – Accelerant Factors 8:30 – Gold and Central Banks 9:53 – Reserves and Fed ’ s Purpose 13:57 – Moving to a Digital Dollar 18:56 – Modern Monetary Theory 24:34 – Flationary Forces 28:50 – Profiting From Collapse 34:34 – Book Overview 39:25 – Politics & Monetary Policy

Will this be the last gold rush?
Charles Goyette on Palisades Gold Radio
Charles Goyette: The End Of The Federal Reserve
Tom welcomes a new guest Charles Goyette to the show. Charles is an author and well known radio personality.
Charles outlines what may make this the last gold rush. There is something different about this bull market, and that is what he has written about in his latest book. Bull markets are generally driven by money printing, but today this is unprecedented and global.
He discusses much of the history of gold ownership in the United States and why today’s dollar is fragile. The U.S. Government has massively overspent that much of the world is pushing back. The U.S. grows weaker because the might of the U.S. comes from it’s economic strength, which is in decline.
He explains the Federal Reserve System’s beginnings and why it’s name was an ingenious marketing ploy. They didn’t dare call it a central bank, but it instead encouraged the notion of central reserves to provide stability and liquidity. Last March, the Fed announced that the reserve requirements of banks were being abolished.
We are primarily funded by readers. Please subscribe and donate to support us!
The rapid move toward a global digital currency standard is being driven by the need to eliminate cash. Since governments and central banks know they are moving into a period of negative interest rates, they want to charge the consumer while also monitoring and controlling their spending habits.
Charles discusses some of the more crazy aspects of Modern Monetary Theory and their belief they can print money without consequence. Before Covid, introducing MMT would have been very difficult, but now, this is no longer an issue with massive fiscal spending.
The government is always trying to inflate, and their motivations are many. The market senses these bubbles and tries to deflate them to some norm. Thus the popping of the bubbles is deflation, and the pumping up is inflation. The impact of all the business closings this year and job losses have yet to be fully felt as they rebound throughout the economy.
He says, “They will print money until the economy collapses… We’re in an end-game event for the dollar.”
Time Stamp References:
0:00 – Introduction
0:49 – The Last Gold Rush
4:18 – Accelerant Factors
8:30 – Gold and Central Banks
9:53 – Reserves and Fed’s Purpose
13:57 – Moving to a Digital Dollar
18:56 – Modern Monetary Theory
24:34 – Flationary Forces
28:50 – Profiting From Collapse
34:34 – Book Overview
39:25 – Politics & Monetary Policy
Talking Points From This Episode
The Last Gold Rush
Accelerating Gold Bull Trends
Central Bank Operations
Digital currencies and eliminating cash.
How encumbered is America’s gold?


investmentwatchblog--2020-12-19--The Amazing V-shaped Real Estate Recovery (Including Commercial Real Estate)

The media loves to print stories about the collapsing economy under Covid .
But they fail to mention how one @ @ @ @ @ real estate , is experiencing a V-shaped recovery DESPITE economic shutdowns of state and local @ @ @ @ @ spread of Covid-19 .
But housing is showing the v-shaped recovery in housing starts , @ @ @ @ @ home sales .
Although these indicators may slow with a slowing GDP growth … to @ @ @ @ @ dotted line ) Commercial real estate ?
Even the notoriously smoothed commercial real estate index @ @ @ @ @ recovery .
You might as well face it , we ’ re addicted to Federal @ @ @

by confoundedinterest17
The media loves to print stories about the collapsing economy under Covid. But they fail to mention how one sector of the economy, real estate, is experiencing a V-shaped recovery DESPITE economic shutdowns of state and local economies ostensibly to prevent the spread of Covid-19.
But housing is showing the v-shaped recovery in housing starts, existing home sales and new home sales. Although these indicators may slow with a slowing GDP growth … to 11% QoQ (blue dotted line)
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Commercial real estate? Even the notoriously smoothed commercial real estate index is rising again with v-shaped recovery.
You might as well face it, we’re addicted to Federal Reserve stimulus.


investmentwatchblog--2020-12-19--NYPD DEPLOYING ROBOT DOG TO CATCH “COVID VIOLATORS”

In another giant step toward our totalitarian future , New York City has deployed robotic dogs designed to catch people who violate the draconian COVID-19 restrictions .
According to a report by ABC7 in New York , the New York Police Department ( NYPD ) is set to receive a new Boston Dynamics robot dog with special features , including an arm to open doors and move objects .
“ This dog is going to save lives , protect people , and protect officers and that ’ s our goal , ” NYPD Technical Assistance Response Unit Inspector ( TARU @ @ @ @ @ @ @ This robot is able to use its artificial intelligence to navigate things , very complex environments , ” NYPD TARU ’ s Deepu John said , according to Activist Post .
This is the department ’ s only robot dog , and during the latest testing phase , it has been used a few times in the field .
The existence of the robot came to light in late October after it assisted in a suspect ’ s arrest in Brooklyn .
This particular robot model , known as Spot , has been @ @ @ @ @ @ @ year , including work on an oil rig , nuclear power plant , car plant , and military base .
Digidog is capable of two-way communication and could also be used by NYPD to enforce mask-wearing – this was seen earlier this year in Singapore .
If there ’ s one thing we try to keep a eye on , it ’ s the potential use of this global pandemic for governments to try and unleash new and “ interesting ” ways of surveillance .
Thus , our eyes and ears perked up @ @ @ @ @ @ @ going to be using robot dogs to patrol public areas and make sure that citizens are keeping their distance from one another .
Municipal authorities are using Spot , a four-legged robot dog made by Boston Dynamics , to remind visitors to parks to keep a safe distance from one another .
The robo-doggo officially started patrol at Bishan-Ang Mo Kio Park on Friday as part of a two week trial , according to The Verge .
Spot is fitted with cameras that are used to estimate the number of visitors in the @ @ @ @ @ @ @ ’ t collect personal data or use the video to identify individuals .
Sure .
–ZeroHedge

by Mac Slavo of SHTFplan
In another giant step toward our totalitarian future, New York City has deployed robotic dogs designed to catch people who violate the draconian COVID-19 restrictions.
According to a report by ABC7 in New York, the New York Police Department (NYPD) is set to receive a new Boston Dynamics robot dog with special features, including an arm to open doors and move objects. “This dog is going to save lives, protect people, and protect officers and that’s our goal,” NYPD Technical Assistance Response Unit Inspector (TARU) Frank Digiacomo told ABC7.
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“This robot is able to use its artificial intelligence to navigate things, very complex environments,” NYPD TARU’s Deepu John said, according to Activist Post.
This is the department’s only robot dog, and during the latest testing phase, it has been used a few times in the field. The existence of the robot came to light in late October after it assisted in a suspect’s arrest in Brooklyn. This particular robot model, known as Spot, has been put to work in other applications this year, including work on an oil rig, nuclear power plant, car plant, and military base.
Digidog is capable of two-way communication and could also be used by NYPD to enforce mask-wearing – this was seen earlier this year in Singapore.
If there’s one thing we try to keep a eye on, it’s the potential use of this global pandemic for governments to try and unleash new and “interesting” ways of surveillance. Thus, our eyes and ears perked up when we learned that Singapore was now going to be using robot dogs to patrol public areas and make sure that citizens are keeping their distance from one another. Municipal authorities are using Spot, a four-legged robot dog made by Boston Dynamics, to remind visitors to parks to keep a safe distance from one another. The robo-doggo officially started patrol at Bishan-Ang Mo Kio Park on Friday as part of a two week trial, according to The Verge. Spot is fitted with cameras that are used to estimate the number of visitors in the park, but Singapore says it won’t collect personal data or use the video to identify individuals. Sure. –ZeroHedge
Techo tyranny is here.


investmentwatchblog--2020-12-19--Catherine Austin Fitts –Reset Means Digital Control System. Governed by Demonic Spirit or Divine Int

Catherine Austin Fitts –Reset Means Digital Control System. Governed by Demonic Spirit or Divine Intelligence

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says the reset is “ the end of currencies.
” She goes on to say , “ It ’ s the death of currencies .
Currency is something that is liquid .
Currency is something I can put in my pocket and walk away .
This is a digital control system .
This is a credit at the company store .
You will be given a credit at the company store , and if you do what you are told , you can buy things at the company store @ @ @ @ @ @ @ your own store .
That ’ s what we are watching right now in the U.S. economy .
This is how it works .
The insiders and their businesses are deemed essential and can stay open .
Then they can do a series of things to shut down all the independent people and herd all those cash flows into theirs .
So , you can ’ t go to church and you can ’ t sing , but you can stream Netflix .
You can go to Costco .
You can go to @ @ @ @ @ @ @ Fed and New York money center banks can make money from it , it ’ s essential , and you can do it .
They can borrow from the Fed at 0 % , and our credit cards cost 16 % .
This is how this works .
So , this is economic warfare , and it ’ s designed to destroy the independent producer.
” Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Catherine Austin Fitts , Publisher of The Solari Report .
”

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says the reset is “the end of currencies.” She goes on to say, “It’s the death of currencies. Currency is something that is liquid. Currency is something I can put in my pocket and walk away. This is a digital control system. This is a credit at the company store. You will be given a credit at the company store, and if you do what you are told, you can buy things at the company store, but you can’t start your own store. That’s what we are watching right now in the U.S. economy. This is how it works. The insiders and their businesses are deemed essential and can stay open. Then they can do a series of things to shut down all the independent people and herd all those cash flows into theirs. So, you can’t go to church and you can’t sing, but you can stream Netflix. You can go to Costco. You can go to Walmart. . . . If the Fed and New York money center banks can make money from it, it’s essential, and you can do it. They can borrow from the Fed at 0%, and our credit cards cost 16%. This is how this works. So, this is economic warfare, and it’s designed to destroy the independent producer.”
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Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Catherine Austin Fitts, Publisher of The Solari Report.”


investmentwatchblog--2020-12-19--Austria bucking Trend Against Digital Currency

The Austrian National Bank has started an information campaign to support cash .
It remains to be seen whether it is on a collision course with the ECB .
There will be rising resistance to this scheme to eliminate paper money and force everyone into a digital currency .
I would expect you will see the same resistance rise in the United States and if the Democrats try that again , this will be simply one of the reasons to justify rebellion .
They have crushed the economy with their lockdowns which have hurt the lower classes most of all @ @ @ @ @ @ @ .
But this is typical of elites for they judge the world only by their own class and will never talk to anyone from the Great Unwashed .
These financial terrorists know they have a short fuse .
They are going to push very hard to get their agenda 2030 going by 2022 .
Schwab has sent his book to every world leader and to the governors and premiers of every state/province around the world .
This is his Communist Manifesto how he thinks the world should run – the typical arrogant academic @ @ @ @ @ @ @ .
It ’ s always these types of people who feel nothing about the hardship and loss of life they unleash on the world .
He claims the world MUST accept his manifesto to “ avoid revolutions ” which in fact will take place because of this man .
I do not understand how academics can be so elitist as to justify war as long as it leads to their land of dreams .
Schwab has even enrolled the Pope who was raised in communism .
The Pope , like Marx , has @ @ @ @ @ @ @ your neighbor ’ s goods embracing this new age of Marxism we may end up calling Schwabism – which isn ’ t even original .

by Martin Armstrong
The Austrian National Bank has started an information campaign to support cash. It remains to be seen whether it is on a collision course with the ECB. There will be rising resistance to this scheme to eliminate paper money and force everyone into a digital currency. I would expect you will see the same resistance rise in the United States and if the Democrats try that again, this will be simply one of the reasons to justify rebellion. They have crushed the economy with their lockdowns which have hurt the lower classes most of all who cannot work from home remotely. But this is typical of elites for they judge the world only by their own class and will never talk to anyone from the Great Unwashed.
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These financial terrorists know they have a short fuse. They are going to push very hard to get their agenda 2030 going by 2022. Schwab has sent his book to every world leader and to the governors and premiers of every state/province around the world. This is his Communist Manifesto how he thinks the world should run – the typical arrogant academic with no real-world experience just like Marx. It’s always these types of people who feel nothing about the hardship and loss of life they unleash on the world. He claims the world MUST accept his manifesto to “avoid revolutions” which in fact will take place because of this man. I do not understand how academics can be so elitist as to justify war as long as it leads to their land of dreams.
Schwab has even enrolled the Pope who was raised in communism. The Pope, like Marx, has abandoned religion and thou shalt not covet your neighbor’s goods embracing this new age of Marxism we may end up calling Schwabism – which isn’t even original.


investmentwatchblog--2020-12-19--Gov. Cuomo Just Slaughtered THOUSANDS of Small Businesses Dreams Just Days Before Christmas

Cristina Laila from The Gateway Pundit reports , Governor Andrew Cuomo on Friday announced all indoor dining in New York @ @ @ @ @ due to a rise in Covid-19 cases .
Cuomo ’ s new restrictions went into @ @ @ @

Cristina Laila from The Gateway Pundit reports, Governor Andrew Cuomo on Friday announced all indoor dining in New York City will be banned indefinitely due to a rise in Covid-19 cases. Cuomo’s new restrictions went into effect on Monday.
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Read More/Source/Credit/FairUse:
www.thegatewaypundit.com/2020…


investmentwatchblog--2020-12-19--Supreme Court Yields to Deep State & Loses all its Integrity

Sidney Powell ’ s filings at the Supreme Court for Georgia and Michigan were given a response date of January 14th which means they then claim it is untimely and Biden will be sworn in on the 20th .
Once again they are using procedures to avoid the issues raised and are now protecting the Deep State .
Meanwhile , Arizona and Wisconsin were immediately rejected by the clerk without explanation .
This is really now treason against the United States .
This is time that the Judiciary Act of 1925 MUST be presented as unconstitutional .
Every Supreme Court @ @ @ @ @ @ @ defend the constitution .
Claiming they have “ discretion ” means they no longer need to defend the constitution and they have left the country in the same position as for the civil war .
Instead of ruling for or against which would at least raise the hope of claiming the storm , they have left the people to sort this out by nothing but violence which our computer has been projecting .
In an internet poll asking did Biden win , the responses are so skewed to “ NO ” it is @ @ @ @ @ @ @ This is an international disgrace and the Supreme Court has shown it no longer can be trusted to defend the Constitution .
If Trump is wrong , then just rule that way and end the rising hostility .
Avoiding this issue that confirms we even have a real right to vote is a confirmation that the Supreme Court is no longer valid .
It was the Supreme Court that created immunity for police , politicians , and prosecutors along with judges out of thin air claiming they could no do their job if @ @ @ @ @ @ @ Black Lives Matter movement has been played for fools .
The Democrats could have passed a law removing that immunity in 15 minutes .
Instead , they have exploited the racial tension for political purposes and allowed the defunding of police to take place instead of correcting the wrong created by the Supreme Court .
Civilization can not exist without the rule of law .
The Supreme Court could have easily ruled it was insufficient evidence to show there was a fraud and this the election thus stands .
Avoiding the issue indicates @ @ @ @ @ @ @ to surface and are thus also conspiring against the people to end our liberty which was granted by the Founding Fathers .
History will mark this decision , like Dread Scott , that in the absence of the rule of law , there is no government remaining and we are not the “ people ” but just the Great Unwashed .
They are ruling against democracy just as John Kerry said .
Trump appealed to “ populism ” and Kerry expressed it best for how the elite thinks of us : “ It @ @ @ @ @ @ @ the lowest common denominator of American , of global political life.
” ( Source : Yahoo ) What ’ s next ?
The Supreme Court will rule against the Second Amendment claiming the Founding Fathers were drunk and never intended to allow the Great Unwashed to possess any guns to prevent a revolution ?
After these maneuvers , the Supreme Court has lost all its integrity .

by Martin Armstrong
Sidney Powell’s filings at the Supreme Court for Georgia and Michigan were given a response date of January 14th which means they then claim it is untimely and Biden will be sworn in on the 20th. Once again they are using procedures to avoid the issues raised and are now protecting the Deep State.
Meanwhile, Arizona and Wisconsin were immediately rejected by the clerk without explanation. This is really now treason against the United States. This is time that the Judiciary Act of 1925 MUST be presented as unconstitutional. Every Supreme Court Justice takes two oaths and they MUST defend the constitution. Claiming they have “discretion” means they no longer need to defend the constitution and they have left the country in the same position as for the civil war. Instead of ruling for or against which would at least raise the hope of claiming the storm, they have left the people to sort this out by nothing but violence which our computer has been projecting.
In an internet poll asking did Biden win, the responses are so skewed to “NO” it is indicative of what we will face. This is an international disgrace and the Supreme Court has shown it no longer can be trusted to defend the Constitution. If Trump is wrong, then just rule that way and end the rising hostility. Avoiding this issue that confirms we even have a real right to vote is a confirmation that the Supreme Court is no longer valid. It was the Supreme Court that created immunity for police, politicians, and prosecutors along with judges out of thin air claiming they could no do their job if they could be sued. The Entire Black Lives Matter movement has been played for fools. The Democrats could have passed a law removing that immunity in 15 minutes. Instead, they have exploited the racial tension for political purposes and allowed the defunding of police to take place instead of correcting the wrong created by the Supreme Court.
We are primarily funded by readers. Please subscribe and donate to support us!
Civilization cannot exist without the rule of law. The Supreme Court could have easily ruled it was insufficient evidence to show there was a fraud and this the election thus stands. Avoiding the issue indicates that they did not want the evidence to surface and are thus also conspiring against the people to end our liberty which was granted by the Founding Fathers.
History will mark this decision, like Dread Scott, that in the absence of the rule of law, there is no government remaining and we are not the “people” but just the Great Unwashed. They are ruling against democracy just as John Kerry said. Trump appealed to “populism” and Kerry expressed it best for how the elite thinks of us:
“It’s really dangerous to play to the lowest common denominator of American, of global political life.” (Source: Yahoo)
What’s next? The Supreme Court will rule against the Second Amendment claiming the Founding Fathers were drunk and never intended to allow the Great Unwashed to possess any guns to prevent a revolution? After these maneuvers, the Supreme Court has lost all its integrity.


investmentwatchblog--2020-12-19--Response to Coronavirus in Oregon Has Entered the Surreal

Today , as Oregon ’ s official count of positive Coronavirus tests nearly tops 100,000 , Governor Kate Brown made the determination to extend the current economic lockdown through February…at the very least .
Brown stated , “ As we near 100,000 cases of COVID-19 in Oregon , and with hospitals and health care workers stretched to their limits , there is no doubt that COVID-19 continues to pose a public health threat , ” she said in a statement .
“ These are the darkest days in the pandemic ” .
The governor determined that the public health risk @ @ @ @ @ @ @ to lock down the economy and strip select citizens of their ability to run a business or make a living as an employee .
Similar to eminent domain , wherein the government can force the compensated sale of land for the “ public good ” …in this case business owners are being stripped of their right to earn a living , pay their bills , provide employment…but the state is offering no compensation .
Worse still , the state is offering marginal tax breaks , the equivalent of a band aid to someone @ @ @ @ @ @ @ Yet , I struggle to see within the publicly available data from the state , a pandemic that rises to the level of economic lockdown and stripping citizens ( uncompensated ) of their right to earn a living .
Not that I want to speak of death…but to gauge the severity of the situation , the number of annual deaths rise nearly every year in Oregon , thanks to a growing and greying population .
The chart below shows total annual deaths through 2020 , looking rather inline with normal expectations ( official @ @ @ @ @ @ @ are estimated and included , as shown in lower charts ) .
Link to Oregon Health Authority ( OHA ) .
Again , so we can gauge the seriousness of the situation , consider the changing deaths on a year over year basis from 2010 through 2020 .
To this point , the rise of deaths in 2020 does not look particularly out of the normal increase .
So , the concern is among the elderly and those with well understood at-risk factors .
The rational course of action would be to minimize @ @ @ @ @ @ @ , focus the vaccinations on them ( alongside health care workers ) , and utilize the tax base to support these people to help them manage their risk…rather than destroy the tax base and ask for more handouts from the federal government .
I doubt the governor nor the governors advisors will read this letter…or care much for my opinion formed from the states data .
But I do wonder where these people are getting their data to form their opinions…because nowhere do I see a risk level that corresponds with economic repression @ @ @ @ @ @ @ for many , the ultimate loss of their business & means of self sufficiency .

by Econimica
Today, as Oregon’s official count of positive Coronavirus tests nearly tops 100,000, Governor Kate Brown made the determination to extend the current economic lockdown through February…at the very least.
Brown stated, “As we near 100,000 cases of COVID-19 in Oregon, and with hospitals and health care workers stretched to their limits, there is no doubt that COVID-19 continues to pose a public health threat,” she said in a statement. “These are the darkest days in the pandemic”.
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The governor determined that the public health risk is so severe that she is compelled to lock down the economy and strip select citizens of their ability to run a business or make a living as an employee. Similar to eminent domain, wherein the government can force the compensated sale of land for the “public good”…in this case business owners are being stripped of their right to earn a living, pay their bills, provide employment…but the state is offering no compensation. Worse still, the state is offering marginal tax breaks, the equivalent of a band aid to someone whom you’ve just decapitated.
Yet, I struggle to see within the publicly available data from the state, a pandemic that rises to the level of economic lockdown and stripping citizens (uncompensated) of their right to earn a living. Not that I want to speak of death…but to gauge the severity of the situation, the number of annual deaths rise nearly every year in Oregon, thanks to a growing and greying population. The chart below shows total annual deaths through 2020, looking rather inline with normal expectations (official data available through Oct., Nov/Dec deaths are estimated and included, as shown in lower charts). Link to Oregon Health Authority (OHA).
Again, so we can gauge the seriousness of the situation, consider the changing deaths on a year over year basis from 2010 through 2020. To this point, the rise of deaths in 2020 does not look particularly out of the normal increase.
Attempting to leave no stone unturned, chart below puts 2020 monthly deaths in perspective against the past four years. While July and August deaths were abnormally higher, deaths returned to trend by September and October. Obviously, November and December deaths are my guess-estimate. As for Oregon hospitals “stretched to their limits”…please consider that according to the Department of Health and Human Services (updated last 12/15, link HHS ), Oregon is among the states with a lower percentage of Covid patients in the hospital (10.6% of beds occupied by Covid patients), among normal total hospital utilization (75% of available beds are filled), and among slightly elevated ICU utilization (about 75% of ICU beds are occupied). I do not minimize the terrific and tough job the doctors, nurses, and front line responders are doing…but the data does not show a crisis to the degree of locking down the economy and striping individuals of their rights. Below, considering Oregon’s Coronavirus cases, hospitalizations (severe cases), and deaths, by age groups. When compared to Spanish Flu, which hit young children and healthy 20-40yr/olds with high mortality rates…the profile is entirely reversed here. While young and young adults are the majority of Coronavirus cases, they are at very low risk of severe illness (requiring hospitalization) and at statistically infinitesimal risk of death. The young are the future and have so much to live for…and they are my greatest concern. The data shows their immune systems have been up to the task, thus far (data OHA ).
So, the concern is among the elderly and those with well understood at-risk factors. The rational course of action would be to minimize the elderly/at-risk interaction with the general public, focus the vaccinations on them (alongside health care workers), and utilize the tax base to support these people to help them manage their risk…rather than destroy the tax base and ask for more handouts from the federal government.
I doubt the governor nor the governors advisors will read this letter…or care much for my opinion formed from the states data. But I do wonder where these people are getting their data to form their opinions…because nowhere do I see a risk level that corresponds with economic repression, uncompensated loss of income, and for many, the ultimate loss of their business & means of self sufficiency.


investmentwatchblog--2020-12-19--South Carolina Bills Would Cut Taxes on Gold and Silver, Support Sound Money

Three bills prefiled in the South Carolina House would cut taxes on precious metals and take important steps toward treating gold and silver as money instead of as commodities .
Passage of these bills would also set the stage to undermine the Federal Reserve ’ s monopoly on money .
South Carolina is the first state to propose this kind of legislation for the 2021 session , but more states will likely follow suit .
This is part of a broader movement at the state level to support sound money .
The Federal Reserve is the engine that drives the @ @ @ @ @ @ @ the world .
Ron Paul popularized the slogan “ End the Fed , ” but Congress is nowhere near abolishing the central bank .
It can ’ t even come up with the will to audit the Fed .
Even though state action can ’ t end the Fed , there are steps states can take that will undermine the Federal Reserve ’ s monopoly on money .
By passing laws that encourage and incentivize the use of gold and silver in daily transactions by the general public , state action such as @ @ @ @ @ @ @ Carolina has the potential to create a wide-reaching impact and set the foundation to nullify the Fed ’ s monopoly power over the monetary system .
House Bill 3377 ( H3377 ) would make gold and silver coins legal tender in the state .
Under the proposed law , “ gold and silver coins minted foreign or domestic shall be legal tender in the State of South Carolina under the laws of this State .
No person or other entity may compel another person or other entity to tender or accept gold or @ @ @ @ @ @ @ parties.
” Practically speaking , this would allow South Carolina residents to use gold or silver coins to pay taxes and other debts owed to the state .
In effect , it would put gold and silver on the same footing as Federal Reserve notes .
The phrase , “ unless agreed upon by the parties ” has important legal ramifications .
This wording reaffirms the court ’ s ability , and constitutional responsibility according to Article I , Section 10 , to require specific performance when enforcing such contracts .
If voluntary @ @ @ @ @ @ @ to pay , in gold and silver coin , South Carolina courts could not substitute any other thing , e.g .
Federal Reserve Notes , as payment .
South Carolina could become the fourth state to recognize gold and silver as legal tender .
Utah led the way , reestablishing constitutional money in 2011 .
Wyoming and Oklahoma have since joined .
Taxes on gold and silver erect barriers to using gold and silver as money by raising transaction costs .
House Bill 3378 ( H3378 ) would effectively exempt gold , silver @ @ @ @ @ @ @ taxes .
Passage of this legislation would eliminate a barrier to investing in gold and silver .
It would also make it more practical to gold and silver in everyday transactions , a foundational step for people to undermine the Federal Reserve ’ s monopoly on money .
South Carolina has already repealed the sales tax on gold and silver .
That removed one barrier to buying gold and silver .
Passage of H3378 would remove another .
In effect , states that collect taxes on purchases of precious metals act as if @ @ @ @ @ @ @ at all.
” Imagine if you asked a grocery clerk to break a $ 5 bill and he charged you a 35 cent tax .
Silly , right ?
After all , you were only exchanging one form of money for another .
But that ’ s essentially what South Carolina ’ s capital gains tax on gold and silver bullion does .
By eliminating this tax on the exchange of gold and silver , South Carolina would treat specie as money instead of a commodity .
This represents a small step toward @ @ @ @ @ @ @ and breaking down the Fed ’ s monopoly on money .
“ We ought not to tax money – and that ’ s a good idea .
It makes no sense to tax money , ” former U.S. Rep. Ron Paul said during testimony in support an Arizona bill that repealed capital gains taxes on gold and silver in that state .
“ Paper is not money , it ’ s fraud , ” he continued .
Stewart also prefiled House Bill 3379 ( H3379 ) .
This joint resolution would create a @ @ @ @ @ @ @ efficacy of the establishment of a bullion repository in this state to store gold , silver , and other metals for the state ’ s reserves and for investments .
The committee would be required to issue a report of its findings to the General Assembly by January 15 , 2022 .
South Carolina has a model it could follow .
In the summer of 2015 , Texas Gov .
Doug Abbot signed a law creating a state gold bullion and precious metal depository in his state .
The depository received its first @ @ @ @ @ @ @ The facility will not only provide a secure place for individuals , businesses , cities , counties , government agencies and even other countries to store gold and other precious metals , the law also creates a mechanism to facilitate the everyday use of gold and silver in transactions .
In short , a person will eventually be able to deposit gold or silver – and pay other people through electronic means or checks – in sound money .
A state gold repository also creates an avenue toward financial independence .
Countries around @ @ @ @ @ @ @ and Turkey , have been buying gold to limit their dependence on the US dollar .
University of Houston political science professor Brandon Rottinghaus said a state depository can serve a similar function for Texas .
The Tennessee legislature passed a resolution declaring support for the creation of a gold bullion depository in the Volunteer State back in 2016 , but never followed up with any legislation .
If South Carolina does create a study committee , it will be imperative to follow up with further legislation to actually establish a repository once @ @ @ @ @ @ @ States Constitution states in Article I , Section 10 , “ No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.
” Currently , all debts and taxes in South Carolina are either paid with Federal Reserve Notes ( dollars ) which were authorized as legal tender by Congress or with coins issued by the U.S. Treasury — very few of which have gold or silver in them .
The Federal Reserve destroys this constitutional monetary system by creating a monopoly based on its fiat currency .
@ @ @ @ @ @ @ , the central bank can easily create money out of thin air .
This not only devalues your purchasing power over time ; it also allows the federal government to borrow and spend far beyond what would be possible in a sound money system .
Without the Fed , the US government wouldn ’ t be able to maintain all of its unconstitutional wars and programs .
Passage of H3377 would reestablish gold and silver as legal tender in the state and take a step toward that constitutional requirement , ignored for decades @ @ @ @ @ @ @ remove one of the tax barriers that hinder the use of gold and silver as money .
Passage of both bills would also begin the process of abolishing the Federal Reserve system by attacking it from the bottom up – pulling the rug out from under it by working to make its functions irrelevant at the state and local levels , and setting the stage to undermine the Federal Reserve monopoly by introducing competition into the monetary system .
Constitutional tender expert Professor William Greene said when people in multiple states actually start @ @ @ @ @ @ @ Reserve Notes , it would effectively nullify the Federal Reserve and end the federal government ’ s monopoly on money .
Once things get to that point , Federal Reserve notes would become largely unwanted and irrelevant for ordinary people .
Nullifying the Fed on a state by state level is what will get us there .

via schiffgold
Three bills prefiled in the South Carolina House would cut taxes on precious metals and take important steps toward treating gold and silver as money instead of as commodities. Passage of these bills would also set the stage to undermine the Federal Reserve’s monopoly on money.
South Carolina is the first state to propose this kind of legislation for the 2021 session, but more states will likely follow suit. This is part of a broader movement at the state level to support sound money.
The Federal Reserve is the engine that drives the most powerful government in the history of the world. Ron Paul popularized the slogan “End the Fed,” but Congress is nowhere near abolishing the central bank. It can’t even come up with the will to audit the Fed.
Even though state action can’t end the Fed, there are steps states can take that will undermine the Federal Reserve’s monopoly on money. By passing laws that encourage and incentivize the use of gold and silver in daily transactions by the general public, state action such as the passage of these bills in South Carolina has the potential to create a wide-reaching impact and set the foundation to nullify the Fed’s monopoly power over the monetary system.
Rep. Stewart Jones (R-Laurens) filed all three bills.
House Bill 3377 (H3377) would make gold and silver coins legal tender in the state. Under the proposed law, “gold and silver coins minted foreign or domestic shall be legal tender in the State of South Carolina under the laws of this State. No person or other entity may compel another person or other entity to tender or accept gold or silver coin unless agreed upon by the parties.”
Practically speaking, this would allow South Carolina residents to use gold or silver coins to pay taxes and other debts owed to the state. In effect, it would put gold and silver on the same footing as Federal Reserve notes.
The phrase, “unless agreed upon by the parties” has important legal ramifications. This wording reaffirms the court’s ability, and constitutional responsibility according to Article I, Section 10, to require specific performance when enforcing such contracts. If voluntary parties agree to be paid, or to pay, in gold and silver coin, South Carolina courts could not substitute any other thing, e.g. Federal Reserve Notes, as payment.
South Carolina could become the fourth state to recognize gold and silver as legal tender. Utah led the way, reestablishing constitutional money in 2011. Wyoming and Oklahoma have since joined.
KNOCKING DOWN BARRIERS
Taxes on gold and silver erect barriers to using gold and silver as money by raising transaction costs. House Bill 3378 (H3378) would effectively exempt gold, silver and platinum bullion from state capital gains taxes. Passage of this legislation would eliminate a barrier to investing in gold and silver. It would also make it more practical to gold and silver in everyday transactions, a foundational step for people to undermine the Federal Reserve’s monopoly on money.
South Carolina has already repealed the sales tax on gold and silver. That removed one barrier to buying gold and silver. Passage of H3378 would remove another.
In effect, states that collect taxes on purchases of precious metals act as if gold and silver aren’t money at all.”
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Imagine if you asked a grocery clerk to break a $5 bill and he charged you a 35 cent tax. Silly, right? After all, you were only exchanging one form of money for another. But that’s essentially what South Carolina’s capital gains tax on gold and silver bullion does. By eliminating this tax on the exchange of gold and silver, South Carolina would treat specie as money instead of a commodity. This represents a small step toward reestablishing gold and silver as legal tender and breaking down the Fed’s monopoly on money.
“We ought not to tax money – and that’s a good idea. It makes no sense to tax money,” former U.S. Rep. Ron Paul said during testimony in support an Arizona bill that repealed capital gains taxes on gold and silver in that state. “Paper is not money, it’s fraud,” he continued.
GOLD BULLION DEPOSITORY
Stewart also prefiled House Bill 3379 (H3379). This joint resolution would create a study committee to determine the feasibility and efficacy of the establishment of a bullion repository in this state to store gold, silver, and other metals for the state’s reserves and for investments. The committee would be required to issue a report of its findings to the General Assembly by January 15, 2022.
South Carolina has a model it could follow. In the summer of 2015, Texas Gov. Doug Abbot signed a law creating a state gold bullion and precious metal depository in his state. The depository received its first deposits in the summer of 2018. The facility will not only provide a secure place for individuals, businesses, cities, counties, government agencies and even other countries to store gold and other precious metals, the law also creates a mechanism to facilitate the everyday use of gold and silver in transactions. In short, a person will eventually be able to deposit gold or silver – and pay other people through electronic means or checks – in sound money.
A state gold repository also creates an avenue toward financial independence. Countries around the world, including China, Russia and Turkey, have been buying gold to limit their dependence on the US dollar. University of Houston political science professor Brandon Rottinghaus said a state depository can serve a similar function for Texas.
“This is another in a long line of ways to make Texas more self-reliant and less tethered to the federal government. The financial impact is small but the political impact is telling, Many conservatives are interested in returning to the gold standard and circumvent the Federal reserve in whatever small way they can.”
The Tennessee legislature passed a resolution declaring support for the creation of a gold bullion depository in the Volunteer State back in 2016, but never followed up with any legislation. If South Carolina does create a study committee, it will be imperative to follow up with further legislation to actually establish a repository once the report is issued.
BACKGROUND
The United States Constitution states in Article I, Section 10, “No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.” Currently, all debts and taxes in South Carolina are either paid with Federal Reserve Notes (dollars) which were authorized as legal tender by Congress or with coins issued by the U.S. Treasury — very few of which have gold or silver in them.
The Federal Reserve destroys this constitutional monetary system by creating a monopoly based on its fiat currency. Without the backing of gold or silver, the central bank can easily create money out of thin air. This not only devalues your purchasing power over time; it also allows the federal government to borrow and spend far beyond what would be possible in a sound money system. Without the Fed, the US government wouldn’t be able to maintain all of its unconstitutional wars and programs.
Passage of H3377 would reestablish gold and silver as legal tender in the state and take a step toward that constitutional requirement, ignored for decades in every state. Passing H3378 would remove one of the tax barriers that hinder the use of gold and silver as money.
Passage of both bills would also begin the process of abolishing the Federal Reserve system by attacking it from the bottom up – pulling the rug out from under it by working to make its functions irrelevant at the state and local levels, and setting the stage to undermine the Federal Reserve monopoly by introducing competition into the monetary system.
Constitutional tender expert Professor William Greene said when people in multiple states actually start using gold and silver instead of Federal Reserve Notes, it would effectively nullify the Federal Reserve and end the federal government’s monopoly on money.
“Over time, as residents of the state use both Federal Reserve notes and silver and gold coins, the fact that the coins hold their value more than Federal Reserve notes do will lead to a “reverse Gresham’s Law” effect, where good money (gold and silver coins) will drive out bad money (Federal Reserve notes). As this happens, a cascade of events can begin to occur, including the flow of real wealth toward the state’s treasury, an influx of banking business from outside of the state – as people in other states carry out their desire to bank with sound money – and an eventual outcry against the use of Federal Reserve notes for any transactions.”
Once things get to that point, Federal Reserve notes would become largely unwanted and irrelevant for ordinary people. Nullifying the Fed on a state by state level is what will get us there.


investmentwatchblog--2020-12-19--World Bank and IMF offered Belarus $940m bribe to impose extreme lockdown, wear masks…

Belarusian President Aleksandr Lukashenko said last month via Belarusian Telegraph Agency , BelTA.
, that World Bank and IMF offered him a bribe of $ 940 million USD in the form of “ Covid Relief Aid.
” In exchange for $ 940 million USD , the World Bank and IMF demanded that the President of Belarus : • imposed “ extreme lockdown on his people ” • force them to wear face masks • impose very strict curfews • impose a police state • crash the economy Belarus President Aleksandr Lukashenko REFUSED the offer and stated that he could not @ @ @ @ @ @ @ his people above the needs of the IMF and World Bank .
This is NOT a conspiracy .
You may research this yourself .
He actually said this !
Now IMF and World Bank are bailing out failing airlines with billions of dollars , and in exchange , they are FORCING airline CEOs to implement VERY STRICT POLICIES such as FORCED face masks covers on EVERYONE , including SMALL CHILDREN , whose health will suffer as a result of these policies .
And if it is true for Belarus , then it is @ @ @ @ @ @ @ !
The IMF and World Bank want to crash every major economy with the intent of buying over every nation ’ s infrastructure at cents on the dollar !
REPLY : Interesting claims .
They certainly can not afford countries to buck the trend if they are behind this Great Reset .
The IMF and World Bank are definitely involved with Bill Gates .
I do not think they are trying to buy companies for pennies on the dollar .
They are trying to wipe out companies that are not GREEN !

by Martin Armstrong
Belarusian President Aleksandr Lukashenko said last month via Belarusian Telegraph Agency, BelTA., that World Bank and IMF offered him a bribe of $940 million USD in the form of “Covid Relief Aid.” In exchange for $940 million USD, the World Bank and IMF demanded that the President of Belarus:
• imposed “extreme lockdown on his people”
• force them to wear face masks
• impose very strict curfews
• impose a police state
• crash the economy
Belarus President Aleksandr Lukashenko REFUSED the offer and stated that he could not accept such an offer and would put his people above the needs of the IMF and World Bank. This is NOT a conspiracy. You may research this yourself. He actually said this!
We are primarily funded by readers. Please subscribe and donate to support us!
Now IMF and World Bank are bailing out failing airlines with billions of dollars, and in exchange, they are FORCING airline CEOs to implement VERY STRICT POLICIES such as FORCED face masks covers on EVERYONE, including SMALL CHILDREN, whose health will suffer as a result of these policies.
And if it is true for Belarus, then it is true for the rest of the world! The IMF and World Bank want to crash every major economy with the intent of buying over every nation’s infrastructure at cents on the dollar!
REPLY: Interesting claims. They certainly cannot afford countries to buck the trend if they are behind this Great Reset. The IMF and World Bank are definitely involved with Bill Gates. I do not think they are trying to buy companies for pennies on the dollar. They are trying to wipe out companies that are not GREEN!
Tess


investmentwatchblog--2020-12-19--There is something really wrong with this election

Follow me here .
The numbers do not add up… .
This is through history registered voters in the US .
You can see it go up and down , but if you watch here there is about 85 % registered voters , that actually votes in election .
This bellow is 2016 .
That means that registered voters 2020 must have been around 180 million to come close to the numbers votes casted for Biden and Trump….If you go back in time , take Obama in 2016 the total votes was around 127 million votes .
Something is so @ @ @ @ @ @ @ .
It feels like there is so many votes added that it blows your mind .
Just go back in history and check it yourself .
This election is a total fraud .
Basement Biden got almost 82 million votes .
COME ON MAN cookpolitical.com/2020-national-popular-vote-tracker This is enough evidence you need .
Anyone who can debunk these numbers is really good .
And another thing .
If Trump do not act the elite politicians can do this in the future .
Why do you think both democrats and republicans are against him ?
@ @ @ @ @ @ @ pocket .
THIS IS THE TIME TO ACT , or the people votes in the future does not matter .
This is the last time we are going to have a man for the people in the White House .
If he goes IT IS OVER , TRUST ME

Follow me here. The numbers do not add up….
This is through history registered voters in the US.
www.statista.com/statistics/273743/number-of-registered-voters-in-the-united-states/
You can see it go up and down, but if you watch here there is about 85% registered voters, that actually votes in election. This bellow is 2016.
courses.lumenlearning.com/americangovernment/chapter/voter-turnout/
That means that registered voters 2020 must have been around
180 million to come close to the numbers votes casted for Biden and Trump….If you go back in time, take Obama in 2016 the total votes was around 127 million votes.
We are primarily funded by readers. Please subscribe and donate to support us!
en.wikipedia.org/wiki/2012_United_States_presidential_election
Something is so wrong. Numbers do not add up. It feels like there is so many votes added that it blows your mind.
Just go back in history and check it yourself. This election is a total fraud. Basement Biden got almost 82 million votes. COME ON MAN
cookpolitical.com/2020-national-popular-vote-tracker
This is enough evidence you need. Anyone who can debunk these numbers is really good.
And another thing. If Trump do not act the elite politicians can do this in the future. Why do you think both democrats and republicans are against him? Because the are in the deep state pocket.
THIS IS THE TIME TO ACT, or the people votes in the future does not matter.
This is the last time we are going to have a man for the people in the White House. If he goes IT IS OVER, TRUST ME
h/t Limpan


investmentwatchblog--2020-12-19--New York Post: “Life-size cardboard cutouts of relatives are here to save Christmas” (IMAGE)

Life-size cardboard cutouts of relatives are here to save Christmas t.co/2Y3Dzusjfh pic.twitter.com/SBpsWh1kCe
— New York Post (@nypost) December 18, 2020


investmentwatchblog--2020-12-19--CDC: Drug overdoses skyrocketing in US with over 81,000 deaths in 2020

Drug overdose deaths have substantially increased in the U.S. , and set a new record for fatalities in the year @ @ @ @ @ Centers for Disease Control and Prevention announced .
The CDC ’ s Health Alert Network @ @ @ @ @ 81,230 drug overdose deaths occurred during that time starting in June 2019 .
“ This @ @ @ @ @ drug overdose epidemic in the United States and is the largest number of drug overdoses @ @ @ @ @ recorded , ” the agency said .
The CDC noted that “ after declining 4.1 @ @ @ @ @ , the number of overdose deaths increased 18.2 % from the 12-months ending in June @ @ @

Drug overdose deaths have substantially increased in the U.S., and set a new record for fatalities in the year ending in May, the Centers for Disease Control and Prevention announced.
The CDC’s Health Alert Network released a report Thursday saying 81,230 drug overdose deaths occurred during that time starting in June 2019.
“This represents a worsening of the drug overdose epidemic in the United States and is the largest number of drug overdoses for a 12-month period ever recorded,” the agency said.
We are primarily funded by readers. Please subscribe and donate to support us!
The CDC noted that “after declining 4.1% from 2017 to 2018, the number of overdose deaths increased 18.2% from the 12-months ending in June 2019.”
nypost.com/2020/12/18/us-drug-overdoses-skyrocketing-cdc/


investmentwatchblog--2020-12-19--IMF researchers propose to have AI use ONLINE history to determine credit rating, in name of ‘inclus

IMF researchers propose to have AI use ONLINE history to determine credit rating, in name of ‘inclusion’.

Traditional data used for credit scoring could be replaced by AI-powered processes based on online search and purchase histories to better reach a billion-plus “ unbanked people ” globally , a group of IMF researchers has proposed .
Using non-financial data such as “ the type of browser and hardware used to access the internet , ” or “ the history of online searches and purchases , ” which is then fed into technology powered by AI and machine learning , could “ advance financial inclusion , by , for example , enabling more credit to informal workers and households @ @ @ @ @ @ @ write Arnoud Boot , Peter Hoffmann , Luc Laeven and Lev Ratnovski in a post on the International Monetary Fund ( IMF ) blog .
The authors argue these “ alternative data sources are often superior than traditional credit assessment methods , ” which tend to boost credit expansion during booms and shrink it during busts .
Moreover , they say , traditional credit data is not available for “ certain kinds of people , like new entrepreneurs , innovators and many informal workers , ” and even well-off immigrants to the US @ @ @ @ @ @ @ web searches is just one of the proposals in the paper , which argues the Covid-19 pandemic is “ turbo-charging ” the technological transformation of the financial industry and looks at how the IMF can “ get ahead ” of the problems that might create .
Boot is a professor of finance at the University of Amsterdam in the Netherlands .
Hoffman and Laeven are economists with the European Central Bank , where Ratnovski has been seconded from his job as an IMF economist .
In other words , these are very serious @ @ @ @ @ @ @ t meant in jest .
They just don ’ t seem to be familiar with the “ when I die , delete my internet history ” meme .

Traditional data used for credit scoring could be replaced by AI-powered processes based on online search and purchase histories to better reach a billion-plus “unbanked people” globally, a group of IMF researchers has proposed.
Using non-financial data such as “the type of browser and hardware used to access the internet,” or “the history of online searches and purchases,” which is then fed into technology powered by AI and machine learning, could “advance financial inclusion, by, for example, enabling more credit to informal workers and households and firms in rural areas,” write Arnoud Boot, Peter Hoffmann, Luc Laeven and Lev Ratnovski in a post on the International Monetary Fund (IMF) blog.
a psychotic idea from the ghouls at the International Monetary Fund t.co/A23A43ycEE — Alison Macrina (@flexlibris) December 18, 2020
The authors argue these “alternative data sources are often superior than traditional credit assessment methods,” which tend to boost credit expansion during booms and shrink it during busts. Moreover, they say, traditional credit data is not available for “certain kinds of people, like new entrepreneurs, innovators and many informal workers,” and even well-off immigrants to the US.
Their AI-powered credit score based on web searches is just one of the proposals in the paper, which argues the Covid-19 pandemic is “turbo-charging” the technological transformation of the financial industry and looks at how the IMF can “get ahead” of the problems that might create.
We are primarily funded by readers. Please subscribe and donate to support us!
Boot is a professor of finance at the University of Amsterdam in the Netherlands. Hoffman and Laeven are economists with the European Central Bank, where Ratnovski has been seconded from his job as an IMF economist. In other words, these are very serious finance people and their proposal isn’t meant in jest. They just don’t seem to be familiar with the “when I die, delete my internet history” meme.


investmentwatchblog--2020-12-19--The SolarWinds hack, Digital Pearl Harbor, will be remembered as one of the most sophisticated and l

The SolarWinds hack , Digital Pearl Harbor , will be remembered as one of the most sophisticated and large scale @ @ @ @ @ t.co/XkiW5hDKek

The SolarWinds hack, Digital Pearl Harbor, will be remembered as one of the most sophisticated and large scale attacks on American infrastructure. t.co/XkiW5hDKek
— Ron (@CodeMonkeyZ) December 18, 2020


investmentwatchblog--2020-12-19--Chamath insider traded, cut and dry.  He should be jailed.

When @ chamath sold stock Monday , he must have known the secondary was coming .
That ’ s Material @ @ @ @ @ would have thought would hit the stock .
Chamath insider traded , cut and dry @ @ @ @ @ .
t.co/uFRhv8mCJL pic.twitter.com/3XDbOiO03c

When @chamath sold stock Monday, he must have known the secondary was coming. That’s Material Non-Public Info any reasonable investor would have thought would hit the stock.
Chamath insider traded, cut and dry. He should be jailed. t.co/uFRhv8mCJL pic.twitter.com/3XDbOiO03c
— luis carruthers (@orthereaboot) December 18, 2020


investmentwatchblog--2020-12-19--Media response to nurse who passed out during interview about taking vaccine

Media response to nurse who passed out during interview about taking vaccine pic.twitter.com/DjYmthHtDB
— Ed ☯ (@DowdEdward) December 18, 2020


investmentwatchblog--2020-12-19--25% of all US traded equities come from 9 stocks and 2 of which are Chinese!

25 % of all US traded equities come from 9 stocks 🤯 2 of which are Chinese !
t.co/jZAXF4xjgO

25% of all US traded equities come from 9 stocks 🤯
2 of which are Chinese! t.co/jZAXF4xjgO
— Samantha LaDuc (@SamanthaLaDuc) December 18, 2020


investmentwatchblog--2020-12-19--A new dollar is going to emerge out of a crisis of the debt which people have no idea how bad it is

A new dollar is going to emerge out of a crisis of the debt which people have no idea how @ @ @ @ @ get .
It 's not a phase we are going through .
This is a @ @ @ @ @

A new dollar is going to emerge out of a crisis of the debt which people have no idea how bad it is going to get. It's not a phase we are going through. This is a deliberately engineered cataclysm. pic.twitter.com/BkDW9dS5tJ
— Ben Rickert (@Ben__Rickert) December 18, 2020


investmentwatchblog--2020-12-19--After the inclusion of TSLA, the market-cap weighted 2-year forward P/E of the S&P will rise from 28

After the inclusion of TSLA, the market-cap weighted 2-year forward P/E of the S&P will rise from 28.9x to 31.0x… And NOBODY is hedging for a correction.

After the inclusion of TSLA, the market-cap weighted 2-year forward P/E of the S&P will rise from 28.9x to 31.0x pic.twitter.com/gPuf4flum8 — zerohedge (@zerohedge) December 18, 2020
Very similar to the lead up to the January 2018 top AAII bull readings went from vertical ramp to a lower high while $SPX continued to drift higher amid lower AAII readings.
That divergence then led to a sudden 12% sell off that took out 16 weeks of price advance in just 2 weeks. pic.twitter.com/lrcLGe4AfS — Sven Henrich (@NorthmanTrader) December 18, 2020
The one thing that concerns me about being long going into the "Santa Claus" rally is that EVERYONE is playing the same trade. As Bob Farrell once quipped: "When all experts agree, something else tends to happen."
NOBODY is hedging for a correction. pic.twitter.com/WikvKWi8Zv — Lance Roberts (@LanceRoberts) December 18, 2020


investmentwatchblog--2020-12-19--8 Million More People In Poverty

8 Million More People In Poverty

The Fed kept rates at zero at its December meeting to no one ’ s surprise .
Furthermore , it will continue buying bonds at a rate of $ 120 billion per month .
As we have mentioned , financial markets and actual people are in dramatically different positions .
We have the loosest financial conditions ever and the Nasdaq 100 is up 45.06 % year to date .
On the other hand , small businesses are struggling to make it and almost 8 million people have entered poverty since June .
The fiscal stimulus will be a bridge to @ @ @ @ @ @ @ economy can reopen .
It won ’ t suddenly get these people out of poverty .
More can be done to help those who are the worst off .
The good news is the vaccine will help those people get back to work .
The main problem is it is expensive to be poor .
It ’ s expensive to go without health insurance and pay high interest on credit card loans .
Sadly , it ’ s tough to be healthy when you ’ re poor which means you will need healthcare @ @ @ @ @ @ @ could and more to save the stock market , but the federal government didn ’ t do enough to prevent this onslaught of poverty .
As a reminder , the Fed isn ’ t going to unwind this version of QE like it did last cycle .
It is just going to keep the balance sheet the same which will eventually shrink as a percentage of the economy .
It ’ s highly unlikely to shrink as much as it went up in the past few quarters .
The Fed stated it will @ @ @ @ @ @ @ “ until substantial further progress has been made toward the Committee ’ s maximum employment and price stability goals.
” We have open ended QE which the market loves .
The FOMC also stated , “ These asset purchases help foster smooth market functioning and accommodative financial conditions , thereby supporting the flow of credit to households and businesses.
” Let ’ s just say the Fed ’ s QE is a very ineffective policy tool if the goal is to help small businesses and help the median person .
Surely , it @ @ @ @ @ @ @ conditions , but it ’ s not going to directly help people who don ’ t own stocks .
Even with all this QE , the market was modestly disappointed because the Fed didn ’ t lengthen the duration of the bonds it is purchasing .
The Fed has been discussing doing this .
This is the policy approach it took in the aftermath of the financial crisis .
The reality is Fed guidance does more to help markets than the specific act .
The Fed saying it would buy corporate bonds helped @ @ @ @ @ @ @ bought any junk bonds .
It ’ s also silly to try to suppress the long term bond yield because the 10 year yield is 93.5 basis points .
There is nothing to suppress , yet at least .
The Fed made large changes to its economic predictions for 2020 in admittance that it basically got everything wrong .
The year is over , so this doesn ’ t matter much .
Yes , we have a couple months of data to look through , but everyone is looking to 2021 .
As @ @ @ @ @ @ @ prediction is a policy tool .
If the Fed wanted to be dovish in 2020 , which it did , it made sense to have more negative predictions than would occur .
That could explain why you see the real 2020 GDP growth estimate rising from -3.7 % to -2.4 % .
Of course , it ’ s also hard to make predictions especially this year .
Many would have laughed at you for being optimistic in late March .
Let ’ s focus on the Fed ’ s changes to its projections @ @ @ @ @ @ @ The Fed raised its projection for real GDP growth in 2021 and 2022 by 0.2 % as they are now 4.2 % and 3.2 % .
The estimate for the unemployment rate was changed from 5.5 % and 4.6 % to 5 % and 4.2 % .
With the longer run rate expected to be 4.1 % , the economy will basically be at full employment by the end of 2022 .
Of course , there are currently millions of workers in the leisure and hospitality industry that have been displaced .
The @ @ @ @ @ @ @ the vaccine goes out .
We think there will be a massive boom in spending on travel and restaurants because people will want to go out .
Think of all the events that were canceled in 2020 that need to be made up such as the Olympics .
If you look at the estimates for GDP growth and unemployment in 2023 , you see the Fed is projecting higher growth than the long run rate and a lower unemployment rate ( than the long run rate ) .
You ’ d think that @ @ @ @ @ @ @ , but the median estimate shows no hikes through 2023 .
There are now 5 members out of 17 who see a rate hike in 2023 which is up from 4 in the last meeting .
The reason the Fed doesn ’ t say it will hike rates in 2023 is its forecasts for core PCE inflation in the next 3 years are 1.8 % , 1.9 % , and 2 % .
The Fed might be underestimating those forecasts to avoid scaring the market into thinking a hike is coming .
The @ @ @ @ @ @ @ those guesses .
Nothing changed in terms of policy , but the Fed updated its economic predictions which were interesting .
To us it seems like the Fed underestimated its inflation guesses in 2022 and 2023 low to avoid scaring the market into thinking a hike is coming .
However , once the pandemic is over in the spring or the summer , we will see more open discussions of rate hikes and a slowing to QE .
The Fed could easily raise rates in 2023 and might even raise them in 2022 @ @ @ @ @ @

by UPFINA
The Fed kept rates at zero at its December meeting to no one’s surprise. Furthermore, it will continue buying bonds at a rate of $120 billion per month. As we have mentioned, financial markets and actual people are in dramatically different positions. We have the loosest financial conditions ever and the Nasdaq 100 is up 45.06% year to date. On the other hand, small businesses are struggling to make it and almost 8 million people have entered poverty since June.
The fiscal stimulus will be a bridge to get us to the spring when the economy can reopen. It won’t suddenly get these people out of poverty. More can be done to help those who are the worst off. The good news is the vaccine will help those people get back to work. The main problem is it is expensive to be poor. It’s expensive to go without health insurance and pay high interest on credit card loans. Sadly, it’s tough to be healthy when you’re poor which means you will need healthcare more. The Fed did all it could and more to save the stock market, but the federal government didn’t do enough to prevent this onslaught of poverty.
QE Keeps Going
As a reminder, the Fed isn’t going to unwind this version of QE like it did last cycle. It is just going to keep the balance sheet the same which will eventually shrink as a percentage of the economy. It’s highly unlikely to shrink as much as it went up in the past few quarters. The Fed stated it will continue at this run rate of QE “until substantial further progress has been made toward the Committee’s maximum employment and price stability goals.” We have open ended QE which the market loves.
The FOMC also stated, “These asset purchases help foster smooth market functioning and accommodative financial conditions, thereby supporting the flow of credit to households and businesses.” Let’s just say the Fed’s QE is a very ineffective policy tool if the goal is to help small businesses and help the median person. Surely, it’s better to have loose financial conditions, but it’s not going to directly help people who don’t own stocks.
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Even with all this QE, the market was modestly disappointed because the Fed didn’t lengthen the duration of the bonds it is purchasing. The Fed has been discussing doing this. This is the policy approach it took in the aftermath of the financial crisis. The reality is Fed guidance does more to help markets than the specific act. The Fed saying it would buy corporate bonds helped junk yields fall even though it hardly bought any junk bonds. It’s also silly to try to suppress the long term bond yield because the 10 year yield is 93.5 basis points. There is nothing to suppress, yet at least.
Fed’s Economic Predictions
The Fed made large changes to its economic predictions for 2020 in admittance that it basically got everything wrong. The year is over, so this doesn’t matter much. Yes, we have a couple months of data to look through, but everyone is looking to 2021. As we mention all the time, every prediction is a policy tool. If the Fed wanted to be dovish in 2020, which it did, it made sense to have more negative predictions than would occur. That could explain why you see the real 2020 GDP growth estimate rising from -3.7% to -2.4%. Of course, it’s also hard to make predictions especially this year. Many would have laughed at you for being optimistic in late March.
The latest economic projections: – Stronger near-term growth expectations
– Quite strong #GDP expectations for 2021
– Lower unemployment projections: below 4% in 2023
– #Inflation only a tad firmer: below 2% till 2023
– #Fed funds rate at zero through 2023 pic.twitter.com/FQMr5E9fbN — Gregory Daco (@GregDaco) December 16, 2020
Let’s focus on the Fed’s changes to its projections about the future rather than 2020. The Fed raised its projection for real GDP growth in 2021 and 2022 by 0.2% as they are now 4.2% and 3.2%. The estimate for the unemployment rate was changed from 5.5% and 4.6% to 5% and 4.2%. With the longer run rate expected to be 4.1%, the economy will basically be at full employment by the end of 2022. Of course, there are currently millions of workers in the leisure and hospitality industry that have been displaced. The hope is those jobs come back after the vaccine goes out. We think there will be a massive boom in spending on travel and restaurants because people will want to go out. Think of all the events that were canceled in 2020 that need to be made up such as the Olympics.
If you look at the estimates for GDP growth and unemployment in 2023, you see the Fed is projecting higher growth than the long run rate and a lower unemployment rate (than the long run rate). You’d think that would be a recipe for rate hikes, but the median estimate shows no hikes through 2023. There are now 5 members out of 17 who see a rate hike in 2023 which is up from 4 in the last meeting. The reason the Fed doesn’t say it will hike rates in 2023 is its forecasts for core PCE inflation in the next 3 years are 1.8%, 1.9%, and 2%. The Fed might be underestimating those forecasts to avoid scaring the market into thinking a hike is coming. The economy could easily produce more inflation than those guesses.
Conclusion
Nothing changed in terms of policy, but the Fed updated its economic predictions which were interesting. To us it seems like the Fed underestimated its inflation guesses in 2022 and 2023 low to avoid scaring the market into thinking a hike is coming. However, once the pandemic is over in the spring or the summer, we will see more open discussions of rate hikes and a slowing to QE. The Fed could easily raise rates in 2023 and might even raise them in 2022 if economic growth really accelerates.


investmentwatchblog--2020-12-19--Why central banks cannot normalize, even in growth periods.

Why central banks can not normalize , even in growth periods .
– Monetary policy incentivises unproductive debt .
– @ @ @ @ @ crisis and growth periods .
– Even the smallest rate increase generates a bankruptcy domino @ @ @ @ @ central banks to normalize .
pic.twitter.com/rHS9IuZ66Y

Why central banks cannot normalize, even in growth periods.
– Monetary policy incentivises unproductive debt.
– Debt to GDP rises in crisis and growth periods.
– Even the smallest rate increase generates a bankruptcy domino.
– Governments never allow central banks to normalize. pic.twitter.com/rHS9IuZ66Y
— Daniel Lacalle (@dlacalle_IA) December 19, 2020


investmentwatchblog--2020-12-19--Chris Vermeulen provides his outlook for both gold, silver and the mining shares as we head into 202

Chris Vermeulen provides his outlook for both gold, silver and the mining shares as we head into 2021

Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd .
He @ @ @ @ @ analyst , trader , and is the author of the book : 7 Steps to @ @ @ @ @ primarily by his nickname “ Turd Ferguson , ” Craig Hemke is the founder and @ @ @ @ @ Metals Report blog and podcast , covering precious metals , the financial markets , and @ @ @ @

Sprott Money, Released on 12/18/20
Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic.
We are primarily funded by readers. Please subscribe and donate to support us!
Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.


investmentwatchblog--2020-12-19--Video – Former Wisconsin judge Troupis: court system deeply intimidated by the left

We already knew this , but nice to see someone saying it .

We already knew this, but nice to see someone saying it.
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h/t AggregateThreat


investmentwatchblog--2020-12-19--Andrew Yang suggest getting a barcode to prove vaccination

Is there a way for someone to easily show that they have been vaccinated – like a bar code they @ @ @ @ @ ?
There ought to be .

Is there a way for someone to easily show that they have been vaccinated – like a bar code they can download to their phone? There ought to be.
— Andrew Yang🧢🇺🇸 (@AndrewYang) December 18, 2020


investmentwatchblog--2020-12-19--New stimulus package “might” have $600 checks. It started with a couple weeks, turned into a couple

New stimulus package “might” have $600 checks. It started with a couple weeks, turned into a couple months, and now here we are 9 months into restrictions and lock downs and the government thinks $600 is gonna help people?

Although lawmakers are still hammering out the details on the latest coronavirus relief package , it ’ s looking like stimulus payments will be included in the legislation .
A bipartisan group of senators released a $ 908 billion legislative proposal on Monday , which was broken up into two separate bills : $ 738 billion in funding plan that included $ 300 enhanced unemployment benefits , small business loans , food assistance and emergency rental relief .
The second $ 160 billion proposal included funding for states and municipalities , as well as a liability shield for businesses against @ @ @ @ @ @ @ Democrat and Republican leaders progressed throughout the week , lawmakers warmed to the idea of funding another round of smaller stimulus payments .
The latest $ 900 billion pandemic relief package includes stimulus checks of up to $ 600 to $ 700 per individual , including dependents , Sen. John Thune ( R-S.D . )
told reporters on Wednesday .
That ’ s about half the amount lawmakers approved in March as part of the Coronavirus Aid , Relief , and Economic Security , or CARES , Act .
As of now , @ @ @ @ @ @ @ same income standards established in the CARES Act , according to the Washington Post .
That legislation provided for one round of stimulus payments of up to $ 1,200 to individuals earning an adjusted gross income of up to $ 75,000 and $ 2,400 for couples earning up to $ 150,000 , as well as an additional $ 500 per dependent .

Although lawmakers are still hammering out the details on the latest coronavirus relief package, it’s looking like stimulus payments will be included in the legislation.
A bipartisan group of senators released a $908 billion legislative proposal on Monday, which was broken up into two separate bills: $738 billion in funding plan that included $300 enhanced unemployment benefits, small business loans, food assistance and emergency rental relief. The second $160 billion proposal included funding for states and municipalities, as well as a liability shield for businesses against Covid-19 lawsuits.
But as negotiations between Democrat and Republican leaders progressed throughout the week, lawmakers warmed to the idea of funding another round of smaller stimulus payments.
The latest $900 billion pandemic relief package includes stimulus checks of up to $600 to $700 per individual, including dependents, Sen. John Thune (R-S.D.) told reporters on Wednesday. That’s about half the amount lawmakers approved in March as part of the Coronavirus Aid, Relief, and Economic Security, or CARES, Act.
As of now, lawmakers are reportedly basing eligibility on the same income standards established in the CARES Act, according to the Washington Post. That legislation provided for one round of stimulus payments of up to $1,200 to individuals earning an adjusted gross income of up to $75,000 and $2,400 for couples earning up to $150,000, as well as an additional $500 per dependent.


investmentwatchblog--2020-12-19--It’s all about control: Michigan governor uses Santa to tell kids to follow her rules

Shameful .
Yet totally expected from this demorat .
U.S. Dollar About To Reach The Point Of No Return ?
@ @ @ @ @ Reach The Point Of No Return ?
As Michigan 's kids gear up for the @ @ @ @ @ to surprise a few of them with a special guest from the North Pole !
@

by DCG
Shameful. Yet totally expected from this demorat.
As Michigan's kids gear up for the holiday season, I decided to surprise a few of them with a special guest from the North Pole! pic.twitter.com/aI6qGkrouS
— Governor Gretchen Whitmer (@GovWhitmer) December 16, 2020