investmentwatchblog--2020-09-26--CIA Brennan Faked Report that Putin Favored Trump, Turns out just the OPPOSITE!

Former CIA Director John Brennan personally edited a crucial section of the intelligence report on Russian interference in the 2016 election and assigned a political ally to take a lead role in writing it after career analysts disputed Brennan ’ s take that Russian leader Vladimir Putin intervened in the 2016 election to help Donald Trump clinch the White House , according to two senior U.S. intelligence officials who have seen classified materials detailing Brennan ’ s role in drafting the document .
The explosive conclusion Brennan inserted into the report was used to help justify continuing the Trump-Russia “ @ @ @ @ @ @ @ launched by the FBI in 2016 .
It was picked up after the election by Special Counsel Robert Mueller , who in the end found no proof that Trump or his campaign conspired with Moscow .
The Obama administration publicly released a declassified version of the report — known as the “ Intelligence Community Assessment on Russian Activities and Intentions in Recent Elections ( ICA ) ” — just two weeks before Trump took office , casting a cloud of suspicion over his presidency .
Democrats and national media have cited the report @ @ @ @ @ @ @ and warn that Putin is likely meddling again to reelect Trump .
The ICA is a key focus of U.S. Attorney John Durham ’ s ongoing investigation into the origins of the “ collusion ” probe .
He wants to know if the intelligence findings were juiced for political purposes .
RealClearInvestigations has learned that one of the CIA operatives who helped Brennan draft the ICA , Andrea Kendall-Taylor , financially supported Hillary Clinton during the campaign and is a close colleague of Eric Ciaramella , identified last year by RCI as the @ @ @ @ @ @ @ complaint led to Trump ’ s impeachment , ending in Senate acquittal in January .
The two officials said Brennan , who openly supported Clinton during the campaign , excluded conflicting evidence about Putin ’ s motives from the report , despite objections from some intelligence analysts who argued Putin counted on Clinton winning the election and viewed Trump as a “ wild card.
” The dissenting analysts found that Moscow preferred Clinton because it judged she would work with its leaders , whereas it worried Trump would be too unpredictable .
As @ @ @ @ @ @ @ “ reset ” relations with Moscow to move them to a more positive and cooperative stage , while Trump campaigned on expanding the U.S. military , which Moscow perceived as a threat .

Former CIA Director John Brennan personally edited a crucial section of the intelligence report on Russian interference in the 2016 election and assigned a political ally to take a lead role in writing it after career analysts disputed Brennan’s take that Russian leader Vladimir Putin intervened in the 2016 election to help Donald Trump clinch the White House, according to two senior U.S. intelligence officials who have seen classified materials detailing Brennan’s role in drafting the document.
The explosive conclusion Brennan inserted into the report was used to help justify continuing the Trump-Russia “collusion” investigation, which had been launched by the FBI in 2016. It was picked up after the election by Special Counsel Robert Mueller, who in the end found no proof that Trump or his campaign conspired with Moscow.
The Obama administration publicly released a declassified version of the report — known as the “Intelligence Community Assessment on Russian Activities and Intentions in Recent Elections (ICA)” — just two weeks before Trump took office, casting a cloud of suspicion over his presidency. Democrats and national media have cited the report to suggest Russia influenced the 2016 outcome and warn that Putin is likely meddling again to reelect Trump.
The ICA is a key focus of U.S. Attorney John Durham’s ongoing investigation into the origins of the “collusion” probe. He wants to know if the intelligence findings were juiced for political purposes.
RealClearInvestigations has learned that one of the CIA operatives who helped Brennan draft the ICA, Andrea Kendall-Taylor, financially supported Hillary Clinton during the campaign and is a close colleague of Eric Ciaramella, identified last year by RCI as the Democratic national security “whistleblower” whose complaint led to Trump’s impeachment, ending in Senate acquittal in January.
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The two officials said Brennan, who openly supported Clinton during the campaign, excluded conflicting evidence about Putin’s motives from the report, despite objections from some intelligence analysts who argued Putin counted on Clinton winning the election and viewed Trump as a “wild card.”
The dissenting analysts found that Moscow preferred Clinton because it judged she would work with its leaders, whereas it worried Trump would be too unpredictable. As secretary of state, Clinton tried to “reset” relations with Moscow to move them to a more positive and cooperative stage, while Trump campaigned on expanding the U.S. military, which Moscow perceived as a threat.
www.zerohedge.com/political/secr…ded-russia
h/t Natura Naturans


investmentwatchblog--2020-09-26--Jeffrey Tucker: Liberty Or LOCKDOWN – The COLLAPSE Of The Global Economy! – The END Of Freedom?

Josh Sigurdson talks with Jeffrey Tucker of AIER about his new book ‘ Liberty Or Lockdown ’ in which he makes the case against the global lockdown we ’ ve witnessed take place almost everywhere in the world since March .
In some places the lockdowns started in January .
Not only is the lockdown unscientific , it ’ s a level of tyranny that humanity in the modern ages have never seen on a global scale .
The effects this lockdown has on the average person trying to work their 9-5 job is debilitating .
28 million Americans face @ @ @ @ @ @ @ anywhere from 25 % to 81 % of independent restaurants expect to go out of business by January .
Regardless of the real number , millions of lives have been ruined in the United States alone .
Imagine the toll on life world wide once this comes to a close… If it ever does .
While we at WAM take a negative approach to predicting the next 5 years ( though , optimistic about the 10 to 15 year period ) , Jeffrey Tucker takes a more optimistic approach and explains how he @ @ @ @ @ @ @ the potential of turning around , it ’ s quite incredible what people have been willing to submit to in the year 2020 .
Few of us thought people would comply to the extent that most are .

Josh Sigurdson talks with Jeffrey Tucker of AIER about his new book ‘Liberty Or Lockdown’ in which he makes the case against the global lockdown we’ve witnessed take place almost everywhere in the world since March. In some places the lockdowns started in January.
Not only is the lockdown unscientific, it’s a level of tyranny that humanity in the modern ages have never seen on a global scale. The effects this lockdown has on the average person trying to work their 9-5 job is debilitating.
28 million Americans face homelessness. Depending on the studies, anywhere from 25% to 81% of independent restaurants expect to go out of business by January. Regardless of the real number, millions of lives have been ruined in the United States alone. Imagine the toll on life world wide once this comes to a close… If it ever does.
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While we at WAM take a negative approach to predicting the next 5 years (though, optimistic about the 10 to 15 year period), Jeffrey Tucker takes a more optimistic approach and explains how he thinks this may turn around.
Despite the potential of turning around, it’s quite incredible what people have been willing to submit to in the year 2020. Few of us thought people would comply to the extent that most are.


investmentwatchblog--2020-09-26--Key Inflation Indicators Facing Big Test In September!

Inflation has long been a word that the Federal Reserve uses but the general markets have forgotten about .
Why @ @ @ @ @ s been virtually non-existent for years .
Key indicators like commodities ( i.e .
copper @ @ @ @ @ down-trends and the Materials Sector ( XLB ) has lagged… until this year .
In @ @ @ @ @ , we take a look at the Equal Weight Commodity Index , Copper Futures , @ @ @ @ @ highlight why inflation could come back to the forefront once again !
As you can @ @ @ @ @ making a comeback this year and are testing an important down-trend line .
Copper futures @ @ @ @ @ testing its own down-trend line .
And Materials have risen to make new highs but @ @ @ @ @ it prior highs ( so also testing important resistance ) .
Taken together , this @ @ @ @ @ see if inflation is peaking or about to end long-term bearish trends .
Stay tuned @ @ @ @ @ written for See It Markets.com .
To see the original post CLICK HERE .

by Kimble Charting
Inflation has long been a word that the Federal Reserve uses but the general markets have forgotten about.
Why? Well because it’s been virtually non-existent for years. Key indicators like commodities (i.e. copper) have been in a down-trends and the Materials Sector (XLB) has lagged… until this year.
In today’s chart 3-pack, we take a look at the Equal Weight Commodity Index, Copper Futures, and the Materials Sector to highlight why inflation could come back to the forefront once again!
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As you can see, commodities have been making a comeback this year and are testing an important down-trend line. Copper futures have also rallied and are testing its own down-trend line. And Materials have risen to make new highs but have yet to close above it prior highs (so also testing important resistance).
Taken together, this is a big test to see if inflation is peaking or about to end long-term bearish trends. Stay tuned!
This article was first written for See It Markets.com. To see the original post CLICK HERE.


investmentwatchblog--2020-09-26--Tick, Tock Stock Drop

Tick, Tock Stock Drop

Since I ’ ve spent a fair amount of time on the US stock market of late , I won ’ t say much .
Just taking a moment to note September just finished its fourth consecutive week down ( final full week ) , maintaining a downtrend that began as we rolled over from August into September .
Here you can see the weeks in blue and the overall downtrend of lower closing highs in red : Toward the end of next week , we ’ ll step into October for a likely October surprise sometime in the month @ @ @ @ @ @ @ just as anticipated , more bouncy with daily ups and downs than March ’ s plunge as the battle between the bulls and the bears plays out on a more protracted scale this time .
You can feel the breath of the bear The overall market has already crashed into a bear market with the median stock price now back down more than 20 % : Bear markets are not technically determined , of course by how far the market ’ s median price has dropped but by the drop in the total @ @ @ @ @ @ @ the market based on drop in median price , however , cuts out the nonsense at the extremes to see how corporate stocks are really doing .
For an array of pictures showing how broader markets and indices are doing , I ’ m going to let others ( one of whom is usually bullish ) point out how the market is breaking down in the manner I indicated it would .
I recommend this article on Seeking Alpha : “ Danger : Bears Are All Around.
” The thrust is that many @ @ @ @ @ @ @ markets .
Another set of market internals , showing serious market deterioration , can be found here : “ Market Internals Point Towards Further Selling.
” It ’ s interesting to note , too , how extreme net fund flows in and out of US stocks have swung from the August melt-up to September ’ s downfall : In a massive reversal , tech-focused ETFs led the plunge in fund outflows after trekking upward for months during the Coronacrisis melt-up when techs were the market rally leaders : Millennial , bad-mouth , big-boy @ @ @ @ @ @ @ stock meltdown this week .
You may remember how he carried on about how he could trust Tesla and Smith & Wesson to save him two weeks ago .
Sounds like his demigods let him down this week , just as they did then , but he clearly has learned nothing from it : ( Skip to the 3:00 mark if you can stand his seething-hot language because Davie is scorched now that stocks do not “ always go up ” for him . )
Poor millennial melt-down Dave .
Down around another @ @ @ @ @ @ @ this bad week ’ s worst day .
Good thing Friday cut him a little slack , or he would have died of a stroke over the coming weekend .
Down , Down , Davie .
The market is still trending relentlessly down four weeks and running .
Unless there is any extra-big news on stocks next week , I ’ m going to move back to focusing on the economy in general as stock action is likely to play out with ups and downs for a long time on this new downslope @ @ @ @ @ @ @ No sense doing a play-by-play every week .
The market ’ s downfall has , however , been the truly big news for this month in terms of how I ’ ve anticipated this economic collapse will play out .
It was one of the signs to watch for to see if the economic trends are holding as forecasted for the Epocalypse .
So far , so good … and yet so bad for so many .

by David Haggith
Since I’ve spent a fair amount of time on the US stock market of late, I won’t say much. Just taking a moment to note September just finished its fourth consecutive week down (final full week), maintaining a downtrend that began as we rolled over from August into September.
Here you can see the weeks in blue and the overall downtrend of lower closing highs in red:
Toward the end of next week, we’ll step into October for a likely October surprise sometime in the month. September’s downturn was, just as anticipated, more bouncy with daily ups and downs than March’s plunge as the battle between the bulls and the bears plays out on a more protracted scale this time.
You can feel the breath of the bear
The overall market has already crashed into a bear market with the median stock price now back down more than 20%:
Bear markets are not technically determined, of course by how far the market’s median price has dropped but by the drop in the total value of major indices. Looking at the market based on drop in median price, however, cuts out the nonsense at the extremes to see how corporate stocks are really doing.
For an array of pictures showing how broader markets and indices are doing, I’m going to let others (one of whom is usually bullish) point out how the market is breaking down in the manner I indicated it would. I recommend this article on Seeking Alpha: “Danger: Bears Are All Around.” The thrust is that many smaller indices and measures already show bear markets. Another set of market internals, showing serious market deterioration, can be found here: “Market Internals Point Towards Further Selling.”
We are primarily funded by readers. Please subscribe and donate to support us!
It’s interesting to note, too, how extreme net fund flows in and out of US stocks have swung from the August melt-up to September’s downfall:
The risk-off sentiment on Wall Street fueled the third-worst weekly outflow on record from U.S. equities, with technology shares falling out of favor … in a reversal from the previous week’s biggest inflow in more than two years. Investors exited the hottest sector of the rebound, pulling the most money out of tech funds since June 2019. Bloomberg
In a massive reversal, tech-focused ETFs led the plunge in fund outflows after trekking upward for months during the Coronacrisis melt-up when techs were the market rally leaders:
In a flight to haven assets, investors are pulling out of equities as well as cash to put their money into debt and gold.
Pottymouth Portnoy’s personal plunge
Millennial, bad-mouth, big-boy, blathering day-trader Davie Portnoy had another stock meltdown this week. You may remember how he carried on about how he could trust Tesla and Smith & Wesson to save him two weeks ago. Sounds like his demigods let him down this week, just as they did then, but he clearly has learned nothing from it: (Skip to the 3:00 mark if you can stand his seething-hot language because Davie is scorched now that stocks do not “always go up” for him.)
Davey Day Trader – September 23, 2020 t.co/UHl4V8cgEo — Dave Portnoy (@stoolpresidente) September 23, 2020
Poor millennial melt-down Dave. Down around another quarter-million it sounded like … just on this bad week’s worst day. Good thing Friday cut him a little slack, or he would have died of a stroke over the coming weekend. Down, Down, Davie.
The market is still trending relentlessly down four weeks and running. Unless there is any extra-big news on stocks next week, I’m going to move back to focusing on the economy in general as stock action is likely to play out with ups and downs for a long time on this new downslope that slowly knocks the bulls senseless. No sense doing a play-by-play every week.
The market’s downfall has, however, been the truly big news for this month in terms of how I’ve anticipated this economic collapse will play out. It was one of the signs to watch for to see if the economic trends are holding as forecasted for the Epocalypse.
So far, so good … and yet so bad for so many.


investmentwatchblog--2020-09-26--Central banks to the rescue! S&P 500 has dropped for a 4th consecutive week as global liquidity has

Central banks to the rescue! S&P 500 has dropped for a 4th consecutive week as global liquidity has dropped by $1tn. Hedge Funds have gone from net long 18.5k in NDX mini futures to net short 134.3k in 3 weeks

Central banks to the rescue! S&P 500 has dropped for a 4th consecutive week as global liquidity has dropped by $1tn. pic.twitter.com/VevbaTa6J9 — Holger Zschaepitz (@Schuldensuehner) September 26, 2020
Hedge Funds have gone from net long 18.5k in NDX mini futures to net short 134.3k in 3 weeks t.co/JXjPyu28nI — The Market Ear (@themarketear) September 26, 2020
Large speculators* haven't had this much short exposure to major equity index futures in over a decade. They're short about $47 billion worth. * Hedge funds, trend-following CTAs, etc. pic.twitter.com/q80Euitm2I — SentimenTrader (@sentimentrader) September 25, 2020
Stocks are buying the stimulus talks. The dollar and bonds aren't. — Joe Rich (@realJosephRich) September 25, 2020


investmentwatchblog--2020-09-26--Texas hospital sees “alarming” rate of juvenile suicide patients

Shortly after the Wuhan virus exploded around the world , many countries went into lockdown mode .
Shut down schools .
Shut down restaurants .
Shut down economies .
Shut down socializing and gatherings .
Shut down everything except the stores that sold basic necessities .
Although there were many unknowns about this virus , many did question the wisdom of shutting down our lives .
Could the cure ( or the desire to “ flatten the curve ” ) be worse than the disease ?
In April and May we started seeing the very real consequences of shutdowns : @ @ @ @ @ @ @ on the rise in eastern Washington county Suicides outpacing Wuhan virus deaths in Knox County , Tennessee More suicides as a result of Wuhan virus isolation : Two Air Force cadets commit suicide while at the Academy You can see in the CDC chart below that children ( up to age 17 ) represent a very , very small percentage of both cases ( less than 9 % of cases ) and deaths ( approximately < 0.2 percent ) .
Despite these fantastically low numbers for children , they are being held hostage @ @ @ @ @ @ @ No in-person schooling or extracurricular activities .
They are being isolated from friends , family and social events .
The consequences of these shutdowns are very real : Juvenile suicides are on the rise .
CBS Dallas-Fort Worth reports that Cook ’ s Medical Center in Forth Worth is seeing an “ alarming ” rate of juvenile suicides , especially in August .
How alarming ?
“ Doctors at Cook Children ’ s Medical Center in Fort Worth said they admitted juvenile suicide patients at a rate of almost one per day in @ @ @ @ @ @ @ last month after they attempted suicide .
For the year , the hospital said it has seen 192 of these patients , which is more than double the number they admitted during the same period five years ago.
” Read the whole story here .
So many lessons to be learned from everyone ’ s response to this pandemic .
And don ’ t EVER forget who is responsible for the worldwide spread of this virus : The Chicoms .

by DCG
Shortly after the Wuhan virus exploded around the world, many countries went into lockdown mode. Shut down schools. Shut down restaurants. Shut down economies. Shut down socializing and gatherings. Shut down everything except the stores that sold basic necessities.
Although there were many unknowns about this virus, many did question the wisdom of shutting down our lives. Could the cure (or the desire to “flatten the curve”) be worse than the disease?
In April and May we started seeing the very real consequences of shutdowns:
A consequence of Wuhan virus? Suicides on the rise in eastern Washington county
Suicides outpacing Wuhan virus deaths in Knox County, Tennessee
More suicides as a result of Wuhan virus isolation: Two Air Force cadets commit suicide while at the Academy
You can see in the CDC chart below that children (up to age 17) represent a very, very small percentage of both cases (less than 9% of cases) and deaths (approximately <0.2 percent).
Despite these fantastically low numbers for children, they are being held hostage in mostly (democrat) states: No in-person schooling or extracurricular activities. They are being isolated from friends, family and social events.
The consequences of these shutdowns are very real: Juvenile suicides are on the rise.
We are primarily funded by readers. Please subscribe and donate to support us!
CBS Dallas-Fort Worth reports that Cook’s Medical Center in Forth Worth is seeing an “alarming” rate of juvenile suicides, especially in August. How alarming?
“Doctors at Cook Children’s Medical Center in Fort Worth said they admitted juvenile suicide patients at a rate of almost one per day in August.
The hospital admitted 29 children last month after they attempted suicide. For the year, the hospital said it has seen 192 of these patients, which is more than double the number they admitted during the same period five years ago.”
Read the whole story here.
So many lessons to be learned from everyone’s response to this pandemic.
And don’t EVER forget who is responsible for the worldwide spread of this virus: The Chicoms.
DCG


investmentwatchblog--2020-09-26--‘Shoot on sight’: Boston Dynamics robot dog spotted out on city street triggers fear — and defensive

‘Shoot on sight’: Boston Dynamics robot dog spotted out on city street triggers fear — and defensiveness

How much longer until these beasts are walking the street ’ s Daily ?
?
?
Video of a Boston @ @ @ @ @ wandering a city street on its own has struck terror into the hearts of social @ @ @ @ @ defended the ‘ bot , pointing out humans can hurt each other without help .
@ @ @ @ @ video of the four-legged yellow robot ambling down the sidewalk on Thursday , though it @ @ @ @ @ it was actually filmed .
The person taking the footage , though initially startled , @ @ @ @ @ , addressing the quadruped with “ Hello friend !
”

How much longer until these beasts are walking the street’s
Daily???
Video of a Boston Dynamics Spot robot dog apparently wandering a city street on its own has struck terror into the hearts of social media users — though some defended the ‘bot, pointing out humans can hurt each other without help.
A Canadian Twitter user posted video of the four-legged yellow robot ambling down the sidewalk on Thursday, though it’s not clear where it was actually filmed. The person taking the footage, though initially startled, opts for a friendly approach, addressing the quadruped with “Hello friend!”
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www.rt.com/news/501750-boston-dynamics-spot-robot-fear/
guys look who i saw out on da street!!!:) pic.twitter.com/rPczxbWAkL — ✨ nathan (@bIoodtear) September 25, 2020
h/t COVID19


investmentwatchblog--2020-09-26--All 10 newspapers in the UK have the Government’s COVID19 bio surveillance app on the front page

Well , is n't it good to know that all 10 newspapers in the U.K. have a unique and independent @ @ @ @ @ latest # COVID19 bio surveillance policy… # GeorgeOrwell # COVID1984 # Covid19uk # NHSTrackandTrace pic.twitter.com/thtV2TOgUp

Well, isn't it good to know that all 10 newspapers in the U.K. have a unique and independent view on the Government's latest #COVID19 bio surveillance policy… #GeorgeOrwell #COVID1984 #Covid19uk #NHSTrackandTrace pic.twitter.com/thtV2TOgUp
— Patrick Henningsen (@21WIRE) September 26, 2020


investmentwatchblog--2020-09-26--What It’s Like Living in California Now

What It’s Like Living in California Now

What it ’ s like living in California now is a little bit significantly different than seven months ago .
@ @ @ @ @ world ’ s largest prison has the industries of homelessness and lockdowns to bolster its @ @ @ @ @ highest tax rate in the nation , businesses being shutdown is another fantastic strategy that @ @ @ @ @ the economy .
Gavin Newsom , Mayor Garcetti , and Nancy Pelosi are spear heading @ @ @ @ @ California the zombie apocalypse capital of the world .

What it’s like living in California now is a little bit significantly different than seven months ago. California, now officially the world’s largest prison has the industries of homelessness and lockdowns to bolster its economy. Along with the highest tax rate in the nation, businesses being shutdown is another fantastic strategy that’s sure to improve the economy. Gavin Newsom, Mayor Garcetti, and Nancy Pelosi are spear heading the charge to help make California the zombie apocalypse capital of the world.
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investmentwatchblog--2020-09-26--DON’T GET COCKY: Day 10 of Trump 50% or higher approval, first since Inauguration, key to reelection

DON’T GET COCKY: Day 10 of Trump 50% or higher approval, first since Inauguration, key to reelection.

For the first time since immediately after his 2017 Inauguration , President Trump has strung together 10 consecutive days of @ @ @ @ @ or higher , a level pollsters consider key to winning reelection .
Today ’ s @ @ @ @ @ Tracking Poll had Trump at 52 % approval and 48 % disapproval .
The string @ @ @ @ @ or higher approval ratings started Sept. 14 with 51 % , followed by approval ratings @ @ @ @ @ % , 51 % , 53 % , 51 % , 50 % , 50 @ @ @ @ @ and today ’ s 52 % .
While many national polls are mocked by critics @ @ @ @ @ or overplaying Democrats , Rasmussen was one of the closest to call Hillary Rodham Clinton @ @ @ @ @ correctly .

For the first time since immediately after his 2017 Inauguration, President Trump has strung together 10 consecutive days of approval ratings of 50% or higher, a level pollsters consider key to winning reelection.
Today’s week-ending Rasmussen Reports Daily Presidential Tracking Poll had Trump at 52% approval and 48% disapproval.
The string of weekday Rasmussen 50% or higher approval ratings started Sept. 14 with 51%, followed by approval ratings of 51%, 52%, 51%, 53%, 51%, 50%, 50%, 52%, and today’s 52%.
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While many national polls are mocked by critics for blowing the 2016 outcome or overplaying Democrats, Rasmussen was one of the closest to call Hillary Rodham Clinton’s popular win margin correctly.
Coming Up Today:@realDonaldTrump daily job approval % is – unchanged. Majority of Likely Voters Believe Trump Has Changed the Republican Party More To His Way of Thinking Voters are closely divided over whether Joe Biden’s lifetime in politics is a positive or a negative. pic.twitter.com/dRQVBrlRa5 — Rasmussen Reports (@Rasmussen_Poll) September 25, 2020
www.washingtonexaminer.com/washington-secrets/day-10-of-trump-50-or-higher-approval-first-since-inauguration-key-to-reelection


investmentwatchblog--2020-09-26--About 3,500 American companies sue U.S. govt. over Trump’s tariffs on Chinese goods

American companies are pushing back against Trump ’ s tariffs on Chinese goods .
About 3,500 firms , including Tesla @ @ @ @ @ , Target Corp. , Walgreen Co. and Home Depot , are suing the Trump administration @ @ @ @ @ on Chinese imports .

American companies are pushing back against Trump’s tariffs on Chinese goods. About 3,500 firms, including Tesla Inc., Ford Motor Co., Target Corp., Walgreen Co. and Home Depot, are suing the Trump administration over “unlawful tariffs” on Chinese imports.
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investmentwatchblog--2020-09-26--Kamala Harris is branded ‘ignorant’ for praising BLM protests and calling them ‘essential’ just thre

Kamala Harris is branded ‘ignorant’ for praising BLM protests and calling them ‘essential’ just three days after two cops were shot during Louisville riots

• Vice presidential candidate Kamala Harris has praised recent Black Lives Matter protests saying they are ‘ essential ’ for change in the country • Speaking online at the NAACP convention Harris praised the ‘ brilliance ’ and ‘ impact ’ of Black Lives Matter movement • She noted that ‘ nothing that we have achieved that has been about progress in this country has come without a fight ’ • The California Senator came in for sharp criticism online with some blaming the Democrats for encouraging the protests Vice Presidential nominee Kamala Harris has come in for criticism after @ @ @ @ @ @ @ including those by the Black Lives Matter group are ‘ essential for the evolution of our country ’ – with some online branding her ‘ ignorant ’ .
Senator Harris D-Calif. made the comments during the NAACP ’ s national convention in which she was interviewed for more than one hour and come just three days after two police officers were shot and injured during rioting in Louisville .
The shooting came after a grand jury ’ s decision not to charge the officers who shot and killed Breonna Taylor .
One of @ @ @ @ @ @ @ endangerment for shooting into a neighboring apartment .
‘ Nothing that we have achieved that has been about progress , in particular around civil rights , has come without a fight , and so I always am going to interpret these protests as an essential component of evolution in our country – as an essential component or mark of a real democracy .

Vice presidential candidate Kamala Harris has praised recent Black Lives Matter protests saying they are ‘essential’ for change in the country
Speaking online at the NAACP convention Harris praised the ‘brilliance’ and ‘impact’ of Black Lives Matter movement
She noted that ‘nothing that we have achieved that has been about progress in this country has come without a fight’
The California Senator came in for sharp criticism online with some blaming the Democrats for encouraging the protests
Vice Presidential nominee Kamala Harris has come in for criticism after saying that protests against racial injustice, including those by the Black Lives Matter group are ‘essential for the evolution of our country’ – with some online branding her ‘ignorant’.
Senator Harris D-Calif. made the comments during the NAACP’s national convention in which she was interviewed for more than one hour and come just three days after two police officers were shot and injured during rioting in Louisville.
The shooting came after a grand jury’s decision not to charge the officers who shot and killed Breonna Taylor. One of the officers involved was charged with wanton endangerment for shooting into a neighboring apartment.
‘Nothing that we have achieved that has been about progress, in particular around civil rights, has come without a fight, and so I always am going to interpret these protests as an essential component of evolution in our country – as an essential component or mark of a real democracy.
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www.dailymail.co.uk/news/article-8774681/Kamala-Harris-slammed-claims-BLM-protests-violent-unrest-essential-keeping-police-check.html
Related:
This is how antifa start a panic. pic.twitter.com/P2Z4GZ4Lzm — Andy Ngô (@MrAndyNgo) September 26, 2020
h/t ElleMira


investmentwatchblog--2020-09-26--Nobody talking about Trump wanting to give 500 BILLION to blacks?

On Friday , President Trump unrolled what he refers to as a “ platinum plan ” for Black America , calling for increased investment in Black businesses and additional capital for Black entrepreneurs .
The President also announced support for Juneteenth to be recognized as a national holiday .
But is Trump ’ s plan to little and too late to convince Black voters to support him ?
The President ’ s speech at the “ Black Voices for Trump ” rally in Atlanta comes as part of a late push to gain more traction with Black voters .
It @ @ @ @ @ @ @ he made it .
Georgia , which has historically been a solid Republican state in presidential elections , is an unexpected battleground in 2020 , with some polls showing the contest too close to call .
Atlanta is also the city where Trump announced “ Black Voices for Trump ” last fall .
Trump ’ s proposed plan , which purports to be built on four pillars of “ opportunity , security , prosperity and fairness , ” calls for a range of measures in support of the Black businesses and families .
@ @ @ @ @ @ @ for almost $ 500 billion of capital investment in the Black community , with much of it coming from increased federal contracting opportunities and other investments .
He also called for 500,000 new Black businesses and 3 million jobs for Black Americans .

On Friday, President Trump unrolled what he refers to as a “platinum plan” for Black America, calling for increased investment in Black businesses and additional capital for Black entrepreneurs. The President also announced support for Juneteenth to be recognized as a national holiday.
But is Trump’s plan to little and too late to convince Black voters to support him?
The President’s speech at the “Black Voices for Trump” rally in Atlanta comes as part of a late push to gain more traction with Black voters. It was also notable for the location where he made it. Georgia, which has historically been a solid Republican state in presidential elections, is an unexpected battleground in 2020, with some polls showing the contest too close to call. Atlanta is also the city where Trump announced “Black Voices for Trump” last fall.
Trump’s proposed plan, which purports to be built on four pillars of “opportunity, security, prosperity and fairness,” calls for a range of measures in support of the Black businesses and families. Included in the plan is a call for almost $500 billion of capital investment in the Black community, with much of it coming from increased federal contracting opportunities and other investments. He also called for 500,000 new Black businesses and 3 million jobs for Black Americans.


investmentwatchblog--2020-09-26--The Supply Chain is Broken and Food Shortages Are HERE

If you are a reader of this site , you might be more interested in the food supply chain than most , at least when things are good .
So , if you have been paying attention recently , you might find that there have been some severe disturbances in that supply chain .
Several months ago , the immediate disruptions began at the beginning of the COVID-19 hysteria , when factories , distribution centers , and even farms shut down under the pretext of “ flattening the curve.
” As a result , Americans found necessities were missing on @ @ @ @ @ @ @ years .
Items like hand sanitizer and Clorox wipes were , of course , out of stock .
Soon other items became noticeably missing as well .
People began to notice meat , and even canned vegetables and rice were soon missing from the shelves .
Most of this was simply the result of mass panic buying , although “ preppers ” were blamed for “ hoarding.
” Therefore , people who had not been prepping all along and were suddenly caught with their pants down .
But that ’ s not the @ @ @ @ @ @ @ and slaughterhouses shut down due to intrusive totalitarian government reactions to an alleged pandemic .
Combined with panic buying , those facilities ’ ability to replace what was bought up was drastically reduced .
As a result , consumers were forced to wait weeks before buying what they needed ( or wanted ) again .
Even then , they had to show up in the morning .
We are still experiencing those shortages , though better hidden .
As anyone who shops regularly can tell you , you can find what you need @ @ @ @ @ @ @ to three stores to get it , where one would have done in the past .
In this article , you ’ ll find some advice about dealing with the limited varieties of inventory that people are currently noticing at stores .
War launched on the economy by state governments put millions of Americans out of work .
Now , when most rational people would be happy to have a job at all amid such high unemployment , they were prepared to stop the machine ’ s wheels from working .
Workers suddenly @ @ @ @ @ @ @ walk off the job conveniently when the food supply was already broken .
Of course , these workers had not organized or initiated a strike at any time before when working conditions were bleak , and wages were low .
While extraordinary times beget extraordinary reactions , the timing of the newfound sense of workers ’ resolve can not go unnoticed .
At the same time , we witnessed farms dumping thousands of gallons of milk down the drain , meat producers slaughtering animals and burying them , and farmers destroying crops all @ @ @ @ @ @ @ The reason for this is two-fold .
First , many major producers would not want a glut of their product on the market and see their prices dropdown .
Second , with the totalitarian measures forcing the shut down of restaurants across the country , many farms and producers lost a massive part of their market , thus destroying it .
A government genuinely concerned with its people ’ s health would have bought that produce and either distributed it or freeze-dried and stored it for the coming apocalypse .
Indeed , the @ @ @ @ @ @ @ minor success and high cost .
Food banks at least benefited .
But the damage to the food supply was already done .
And then came the winds .
As time moved forward , we saw devastating straight-line winds blow across places like Iowa , destroying massive amounts of crops and farming infrastructure , effects rarely advertised on mainstream media outlets .
Following those winds , we saw massive wildfires along the West Coast ’ s entirety from Washington to California and as far east as Colorado , South Dakota , and Texas @ @ @ @ @ @ @ at the map at fires seemingly heading east , burning up prairies and farmland all along the way to see that the food chain will experience yet even more hiccups once the smoke has cleared .
But while leftists claim the fires are the natural result of “ climate change ” and conservatives blame lack of adequate forest management ( which has some merit ) , both completely ignore the fact that close to ten people were arrested for setting these fires .
Repeatedly , arsonists are being arrested for starting blazes though @ @ @ @ @ @ @ us who have studied history , however , can speculate with some certainty .
But these problems are not unique to the United States .
Countries all over the world are experiencing supply chain problems .
Australia , for instance , is about to run out of its domestic rice supply by December entirely .
Now , here we are , with winter fast approaching and the food supply decimated .
The world ’ s population is walking around masked and terrified of getting within six feet of another human , and the @ @ @ @ @ @ @ with violent riots .
Communists and the inevitable response are clashing in the streets and threatening to turn in to a possible American Civil War 2.0 .
What role will hunger play in this scenario ?
At the moment , we can ’ t say for sure .
But what we can say with certainty is that this will be a very long , very trying winter .
Food shortages are coming , and they aren ’ t too far away .
You do not have much time left before the items you @ @ @ @ @ @ @ for good .
Here are some tips for shopping when there aren ’ t many supplies left on the shelves , and here ’ s a list of things that are usually imported from China that we haven ’ t been receiving in the same quantities ( if at all ) since the crisis began .
Many of the readers of this website will be prepared , no doubt , but others won ’ t .
Not only do we advise you to prepare – but we also advise you to be ready @ @ @ @

by Robert Wheeler
If you are a reader of this site, you might be more interested in the food supply chain than most, at least when things are good. So, if you have been paying attention recently, you might find that there have been some severe disturbances in that supply chain.
Several months ago, the immediate disruptions began at the beginning of the COVID-19 hysteria, when factories, distribution centers, and even farms shut down under the pretext of “flattening the curve.”
As a result, Americans found necessities were missing on the shelves for the first time in years. Items like hand sanitizer and Clorox wipes were, of course, out of stock.
Soon other items became noticeably missing as well.
People began to notice meat, and even canned vegetables and rice were soon missing from the shelves. Most of this was simply the result of mass panic buying, although “preppers” were blamed for “hoarding.” Therefore, people who had not been prepping all along and were suddenly caught with their pants down.
But that’s not the whole story.
Manufacturing and packaging facilities and slaughterhouses shut down due to intrusive totalitarian government reactions to an alleged pandemic. Combined with panic buying, those facilities’ ability to replace what was bought up was drastically reduced. As a result, consumers were forced to wait weeks before buying what they needed (or wanted) again. Even then, they had to show up in the morning.
We are still experiencing those shortages, though better hidden. As anyone who shops regularly can tell you, you can find what you need, but you may have to go to three stores to get it, where one would have done in the past. In this article, you’ll find some advice about dealing with the limited varieties of inventory that people are currently noticing at stores.
War launched on the economy by state governments put millions of Americans out of work.
Now, when most rational people would be happy to have a job at all amid such high unemployment, they were prepared to stop the machine’s wheels from working.
Workers suddenly started to organize, strike, and walk off the job conveniently when the food supply was already broken. Of course, these workers had not organized or initiated a strike at any time before when working conditions were bleak, and wages were low.
While extraordinary times beget extraordinary reactions, the timing of the newfound sense of workers’ resolve cannot go unnoticed.
At the same time, we witnessed farms dumping thousands of gallons of milk down the drain, meat producers slaughtering animals and burying them, and farmers destroying crops all over the country and the world.
The reason for this is two-fold.
First, many major producers would not want a glut of their product on the market and see their prices dropdown.
Second, with the totalitarian measures forcing the shut down of restaurants across the country, many farms and producers lost a massive part of their market, thus destroying it.
We are primarily funded by readers. Please subscribe and donate to support us!
A government genuinely concerned with its people’s health would have bought that produce and either distributed it or freeze-dried and stored it for the coming apocalypse.
Indeed, the Trump administration attempted this with some very minor success and high cost. Food banks at least benefited. But the damage to the food supply was already done.
And then came the winds.
As time moved forward, we saw devastating straight-line winds blow across places like Iowa, destroying massive amounts of crops and farming infrastructure, effects rarely advertised on mainstream media outlets.
Following those winds, we saw massive wildfires along the West Coast’s entirety from Washington to California and as far east as Colorado, South Dakota, and Texas.
One need only take a look at the map at fires seemingly heading east, burning up prairies and farmland all along the way to see that the food chain will experience yet even more hiccups once the smoke has cleared.
But while leftists claim the fires are the natural result of “climate change” and conservatives blame lack of adequate forest management (which has some merit), both completely ignore the fact that close to ten people were arrested for setting these fires.
Repeatedly, arsonists are being arrested for starting blazes though the motive is unclear. Those of us who have studied history, however, can speculate with some certainty.
But these problems are not unique to the United States.
Countries all over the world are experiencing supply chain problems. Australia, for instance, is about to run out of its domestic rice supply by December entirely.
Now, here we are, with winter fast approaching and the food supply decimated. The world’s population is walking around masked and terrified of getting within six feet of another human, and the cities all across America are on fire with violent riots.
Communists and the inevitable response are clashing in the streets and threatening to turn in to a possible American Civil War 2.0. What role will hunger play in this scenario?
At the moment, we can’t say for sure.
But what we can say with certainty is that this will be a very long, very trying winter.
Food shortages are coming, and they aren’t too far away.
You do not have much time left before the items you can grab now are gone and gone for good. Here are some tips for shopping when there aren’t many supplies left on the shelves, and here’s a list of things that are usually imported from China that we haven’t been receiving in the same quantities (if at all) since the crisis began.
Many of the readers of this website will be prepared, no doubt, but others won’t. Not only do we advise you to prepare – but we also advise you to be ready for the unprepared.


investmentwatchblog--2020-09-26--$50,000 GOLD: THE U.S. IS BANKRUPT, THE UNPREPARED COULD LOSE EVERYTHING

In an ephemeral world , few things survive .
I am not talking about species or human beings whose existence on earth is also transitory .
Instead I am referring to social and financial systems which are now coming to an end .
In July 2009 I wrote an article called The Dark Years Are Here .
It was reprinted again in September 2018 .
Here is an extract from my original article : “ The Dark Years will be extremely severe for most countries both financially and socially .
In many countries in the Western world there will be @ @ @ @ @ @ @ the end of the welfare state .
Most private and state pension schemes are also likely to collapse .
It will be a worldwide depression but some countries may only have a deep recession .
There will be famine , homelessness and misery resulting in social as well as political unrest .
Different type of government leaders and regimes are likely to result from this .
How long will the Dark Years last ?
There is a book called ” The Fourth Turning ” written by Neil Howe .
He has identified a @ @ @ @ @ @ @ .
The pattern has been extremely accurate in the Anglophile world .
We have recently entered the Fourth Turning which is the final 20 years of the cycle .
According to Howe we are in the early stages of a 20 year period of economic and institutional upheaval .
This is a period of Crisis when the fabric of society will change dramatically .
Previous Fourth Turnings have been the American Revolution , Great Depression and World War II .
According to Howe the Crisis will be substantially worse before it is over @ @ @ @ @ @ @ 20 years .
All of this is not good news and we hope that we and Howe are wrong regarding the severity and length of this crisis .
But we fear that we are both right .
We must stress again that never previously has the whole world entered a downturn simultaneously in such a fragile state both financially and economically which is why the Dark Years are likely to be so devastating and long lasting.
” Neil Howe ’ s book The Fourth Turning had just been published when I wrote the @ @ @ @ @ @ @ fame .
We are now in the final 8 years of his 20 year cycle and the most dramatic part of the cycle has just started which is the Fourth Turning .
In my 2009 article , I thought that the downturn was more imminent .
But although I was slightly out on the timing , it doesn ’ t change the inevitable fall of the whole fabric of society in the next few years , be it commercial , financial or social .
Since 2009 , global debt has doubled to $ @ @ @ @ @ @ @ .
The final stage of the collapse started in August of 2019 with the central banks panicking and embarking on a massive money printing spree due to major problems in the financial system .
As I have stated previously , Coronavirus which started in early 2020 , is not the reason for the current downturn in the world economy .
It was just a catalyst .
For some reason , when cycles are about to accelerate hard down , the trigger seems to be the worst possible .
Although I have often talked @ @ @ @ @ @ @ I did not expect it to come now and cause a total lockdown of parts of the economy and society in so many countries .
When you are approaching the end of a financial era or cycle , it is very difficult to predict exactly how it will all end .
Very few people understand that we are now living on borrowed time .
But there is absolutely no doubt that we are now at the end of the end and of a major cycle , whether that takes 8 years as Howe @ @ @ @ @ @ @ , is totally irrelevant .
THE UNPREPARED COULD LOSE EVERYTHING The risk is here now and if you don ’ t prepare for this , you are not just likely to lose whatever wealth you have but also your job , pension or social security depending on your circumstances .
And if you live in a city , you are also likely to be affected by social unrest and crime plus a breakdown of services like medical care , schooling , law and order etc .
Many people are today trying to get @ @ @ @ @ @ @ of Coronavirus and the shut down of offices and shops as well as increased crime rates .
For the wealthy minority , this is not a big problem but for normal people , it is not self-evident to just move out .
But it is very clear that home working will become much more prevalent and many cities will become ghost towns .
Tax revenue will decline dramatically and the authorities will not be able to keep up even simple services such as water , sanitation or cleaning .
Also , many retail @ @ @ @ @ @ @ in cities will close due to lack of customers , crime and out of town or online shopping .
This trend has of course already started in many cities .
In the City in London ( Financial District ) , there are now very few people working .
Only some shops or restaurants are open and the ones that are , are haemorrhaging financially .
THE DELUGE COULD COME SOONER Coming back to Howe ’ s 8 remaining years of the Fourth Turning , it is of course an approximate number and not @ @ @ @ @ @ @ is that it will take up to 8 years and maybe less for the artificial edifice that the world has created to collapse .
But it could also happen a lot quicker .
What I mean by artificial edifice is firstly all the fake assets that have been created due to central banks deliberate profligacy .
Since the creation of the Fed in 1913 , the bankers have taken total control of the money system .
From 1971 when Nixon closed the gold window , it became a total free for all for @ @ @ @ @ @ @ could create unlimited amounts of money for their own benefit .
Standing nearest the printing press is a major advantage when you print money .
President Mugabe in Zimbabwe discovered this .
By using the money from the printing press first , he could spend it quickly or buy dollars before the value of the printed money collapsed .
In the US , the Fed has since the latest crisis started in August 2019 , printed $ 3.3 trillion , and most of it since March 2020 .
Very little of this money @ @ @ @ @ @ @ had , it would have meant a contribution of $ 25,000 to every one of the 130 million households in the US .
Although the printed is basically worthless , it might have had some short term beneficial effect on the broad economy .
But no , money printing is not for ordinary people .
It is for the bankers and the wealthy and add more fuel or liquidity to already massively overvalued asset markets rather than reaching the people who really need it .
This has caused the Nasdaq to go up @ @ @ @ @ @ @ the Dow by 52 % .
In a recent article I discussed that we could see a liquidity fuelled meltup in stocks making the Dow double to say 50,000 .
Since I expect the Dow/Gold ratio to reach 1 to 1 or below ( like in 1980 Dow 850 Gold $ 850 ) , gold could at the same time reach $ 50,000 as inflation rises .
As I consider stocks overbought and overvalued today , there is no fundamental or even technical reason for this to happen .
Since markets today have @ @ @ @ @ @ @ valuation principles but are only liquidity driven , this kind of move is not impossible .
But investors must understand that I think it would be very high risk to stay fully invested in stocks currently .
This is like buying the Nasdaq in 1999 to take part in the final rise but then to ride it all the way down to an 80 % loss .
Much better instead to own gold , which fundamentally and technically is still early in a long term uptrend , kindly fuelled daily by central bank @ @ @ @ @ @ @ for the Dow and Gold would materialise , the Dow would double and Gold would go up 25x which is clearly a much better risk .
THE US IS BANKRUPT Let ’ s face it , the US is bankrupt .
No country , company or individual could lose money every year for 90 years and still be standing .
( see my article ) .
Normally the currency of such a country should have faded into oblivion .
Well the dollar almost has since it is down 98 % in real terms @ @ @ @ @ @ @ % since 2000 .
The only reason the dollar hasn ’ t disappeared totally yet is due to the Petrodollar .
A major part of dollar assets are kept outside of the US due to the dollar liquidity created by the petrodollar .
The Petrodollar was created in the early 1970s by Nixon and the then Secretary of State Henry Kissinger .
They feared after the closing of the gold window that the dollar ’ s reserve currency role would diminish significantly .
To save the dollar , Saudi Arabia was offered total @ @ @ @ @ @ @ condition that all oil trading would only be in dollars .
Saudi Arabia would also buy substantial military equipment from the US .
THE IMMINENT DEMISE OF THE DOLLAR This was a very clever arrangement and is the sole reason why the dollar is still standing .
But the combination of a rapidly deteriorating US financial position and countries like China , Russia and Iran gradually trading in their own currencies , will soon precipitate the dollar ’ s demise .
Comparing currencies to each other is really a futile exercise since they @ @ @ @ @ @ @ is no prize for getting to the bottom first .
Still in this exercise of relativity , it looks like the dollar will reach the bottom before the others .
Having already lost 98 % of its value in the last 50 years , the final 2 % will not take that long .
But remember that this 2 % fall means a 100 % loss of the dollar ’ s value from here .
Many people are very negative about the Euro due to the major problems in the EU .
It @ @ @ @ @ @ @ also a very weak and artificial currency .
The Euro is virtually worth the same in dollars as on its launch on January 1st 1999 .
But right now , the Euro , in spite of its problems , technically looks stronger than the dollar .
So a crashing dollar over the next few years is virtually guaranteed and will act as a detonator which will blow up the US economy .
Also in the next 2-3 years we will see collapsing debt markets in the US and globally .
Most debt in @ @ @ @ @ @ @ no underlying real assets backing .
Massively overvalued assets is backed by debt which will become totally worthless since it is only based on manufactured money issued by a printing press or a computer .
When $ 10s of trillions are created with no labour , goods or service having been produced , that money clearly has ZERO value .
We will not have permanent zero rates as the FED and Ray Dalio say .
There are two virtual certainties coming before the imminent mega crisis is over .
The first will be @ @ @ @ @ @ @ I discussed above .
The second certainty is the collapse of credit markets including bonds .
The manipulation of rates will totally fail .
Central banks will try to keep short rates low but will lose control of the long rates .
As insolvent governments and corporates start to default , investors , including sovereign , will dump bonds .
Bond prices will collapse and rates go to at least the levels in the 1970s to early 1980s of 15-20 % .
The combination of hyperinflation and defaulting borrowers will see many bonds @ @ @ @ @ @ @ .
As long rates rise , they will pull the short rates up regardless of central banks attempts to hold them down .
This will lead to the demise of the bond market .
Obviously , central banks will frenetically print trillions or even quadrillions as derivatives disappear into a black hole .
But to no avail except for panic and hyperinflation .
NOT THE TIME FOR OMPHALOSKEPSIS So now is not the time for omphaloskepsis ( navel gazing ) or for investors to gloat about their stock market gains .
Because the @ @ @ @ @ @ @ seen for hundreds or maybe 2,000 years .
Yes , stocks could meltup one final time before the total collapse but if they do , that will most likely be accompanied by a very weak dollar .
To measure your assets in a fiat currency , be it dollars , euros or pounds , is absolute madness .
Why do you measure your wealth in something that in real terms has declined by 98 % since 1971 and 85 % since 2000 .
It might feel good for a moment but when you @ @ @ @ @ @ @ profits that are not only meaningless but will evaporate totally in the next few years as stocks and paper money implode together .
And don ’ t for a second believe that the assets you own whether they are stocks , bonds or property are really worth the thousands or millions that they are valued at in fake money .
The imminent wealth destruction will soon reveal to investors that their assets are only worth a fraction of the imaginary value they have today .
Central banks will not save the world , @ @ @ @ @ @ @ can you solve a debt problem with more worthless debt or how can you create wealth by issuing more debt .
That Ponzi scheme is now finished for a very long time .
Physical gold ( and silver ) will in the next few years reveal the total delusion that the financial system has rested on .
Investors who are not protected should take heed .
Matterhorn Asset Management ’ s global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system @ @ @ @ @ @ @ deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 70 countries .
GoldSwitzerland.com Contact Us

by Egon von Greyerz of Gold Switzerland
In an ephemeral world, few things survive. I am not talking about species or human beings whose existence on earth is also transitory. Instead I am referring to social and financial systems which are now coming to an end.
In July 2009 I wrote an article called The Dark Years Are Here. It was reprinted again in September 2018.
Here is an extract from my original article:
“The Dark Years will be extremely severe for most countries both financially and socially. In many countries in the Western world there will be a severe depression and it will be the end of the welfare state. Most private and state pension schemes are also likely to collapse. It will be a worldwide depression but some countries may only have a deep recession. There will be famine, homelessness and misery resulting in social as well as political unrest. Different type of government leaders and regimes are likely to result from this.
How long will the Dark Years last? There is a book called ”The Fourth Turning” written by Neil Howe. He has identified a pattern that repeats itself every 80 years. The pattern has been extremely accurate in the Anglophile world. We have recently entered the Fourth Turning which is the final 20 years of the cycle. According to Howe we are in the early stages of a 20 year period of economic and institutional upheaval. This is a period of Crisis when the fabric of society will change dramatically. Previous Fourth Turnings have been the American Revolution, Great Depression and World War II. According to Howe the Crisis will be substantially worse before it is over and it will last for another circa 20 years.
All of this is not good news and we hope that we and Howe are wrong regarding the severity and length of this crisis. But we fear that we are both right. We must stress again that never previously has the whole world entered a downturn simultaneously in such a fragile state both financially and economically which is why the Dark Years are likely to be so devastating and long lasting.”
THE INEVITABLE FALL OF SOCIETY
Neil Howe’s book The Fourth Turning had just been published when I wrote the article and it has since attained great fame. We are now in the final 8 years of his 20 year cycle and the most dramatic part of the cycle has just started which is the Fourth Turning.
In my 2009 article, I thought that the downturn was more imminent. But although I was slightly out on the timing, it doesn’t change the inevitable fall of the whole fabric of society in the next few years, be it commercial, financial or social.
Since 2009, global debt has doubled to $280 trillion and risk has increased exponentially. The final stage of the collapse started in August of 2019 with the central banks panicking and embarking on a massive money printing spree due to major problems in the financial system.
CORONAVIRUS – A CATALYST
As I have stated previously, Coronavirus which started in early 2020, is not the reason for the current downturn in the world economy. It was just a catalyst. For some reason, when cycles are about to accelerate hard down, the trigger seems to be the worst possible. Although I have often talked about disease as one potential catalyst, I did not expect it to come now and cause a total lockdown of parts of the economy and society in so many countries.
When you are approaching the end of a financial era or cycle, it is very difficult to predict exactly how it will all end. Very few people understand that we are now living on borrowed time. But there is absolutely no doubt that we are now at the end of the end and of a major cycle, whether that takes 8 years as Howe predicts or it all happens much faster, is totally irrelevant.
THE UNPREPARED COULD LOSE EVERYTHING
The risk is here now and if you don’t prepare for this, you are not just likely to lose whatever wealth you have but also your job, pension or social security depending on your circumstances. And if you live in a city, you are also likely to be affected by social unrest and crime plus a breakdown of services like medical care, schooling, law and order etc.
Many people are today trying to get out of the cities as a result of Coronavirus and the shut down of offices and shops as well as increased crime rates. For the wealthy minority, this is not a big problem but for normal people, it is not self-evident to just move out. But it is very clear that home working will become much more prevalent and many cities will become ghost towns. Tax revenue will decline dramatically and the authorities will not be able to keep up even simple services such as water, sanitation or cleaning. Also, many retail outlets and restaurants as well as offices in cities will close due to lack of customers, crime and out of town or online shopping. This trend has of course already started in many cities. In the City in London (Financial District), there are now very few people working. Only some shops or restaurants are open and the ones that are, are haemorrhaging financially.
THE DELUGE COULD COME SOONER
Coming back to Howe’s 8 remaining years of the Fourth Turning, it is of course an approximate number and not absolute. The way I see it is that it will take up to 8 years and maybe less for the artificial edifice that the world has created to collapse. But it could also happen a lot quicker.
What I mean by artificial edifice is firstly all the fake assets that have been created due to central banks deliberate profligacy. Since the creation of the Fed in 1913, the bankers have taken total control of the money system. From 1971 when Nixon closed the gold window, it became a total free for all for the (central) bankers. They could create unlimited amounts of money for their own benefit. Standing nearest the printing press is a major advantage when you print money. President Mugabe in Zimbabwe discovered this. By using the money from the printing press first, he could spend it quickly or buy dollars before the value of the printed money collapsed.
PRINTED MONEY DOESN’T REACH ORDINARY PEOPLE
In the US, the Fed has since the latest crisis started in August 2019, printed $3.3 trillion, and most of it since March 2020. Very little of this money has reached ordinary people. If it had, it would have meant a contribution of $25,000 to every one of the 130 million households in the US. Although the printed is basically worthless, it might have had some short term beneficial effect on the broad economy.
But no, money printing is not for ordinary people. It is for the bankers and the wealthy and add more fuel or liquidity to already massively overvalued asset markets rather than reaching the people who really need it. This has caused the Nasdaq to go up by 62% since late March and the Dow by 52%.
DOW 50,000 – GOLD $50,000?
In a recent article I discussed that we could see a liquidity fuelled meltup in stocks making the Dow double to say 50,000. Since I expect the Dow/Gold ratio to reach 1 to 1 or below (like in 1980 Dow 850 Gold $850), gold could at the same time reach $50,000 as inflation rises. As I consider stocks overbought and overvalued today, there is no fundamental or even technical reason for this to happen. Since markets today have nothing to do with fundamentals or sound valuation principles but are only liquidity driven, this kind of move is not impossible.
But investors must understand that I think it would be very high risk to stay fully invested in stocks currently. This is like buying the Nasdaq in 1999 to take part in the final rise but then to ride it all the way down to an 80% loss.
We are primarily funded by readers. Please subscribe and donate to support us!
Much better instead to own gold, which fundamentally and technically is still early in a long term uptrend, kindly fuelled daily by central bank money printing. If the 50,000 forecast for the Dow and Gold would materialise, the Dow would double and Gold would go up 25x which is clearly a much better risk.
THE US IS BANKRUPT
Let’s face it, the US is bankrupt. No country, company or individual could lose money every year for 90 years and still be standing. (see my article). Normally the currency of such a country should have faded into oblivion. Well the dollar almost has since it is down 98% in real terms or gold since 1971 and down 85% since 2000. The only reason the dollar hasn’t disappeared totally yet is due to the Petrodollar. A major part of dollar assets are kept outside of the US due to the dollar liquidity created by the petrodollar.
The Petrodollar was created in the early 1970s by Nixon and the then Secretary of State Henry Kissinger. They feared after the closing of the gold window that the dollar’s reserve currency role would diminish significantly. To save the dollar, Saudi Arabia was offered total military protection by the US on the condition that all oil trading would only be in dollars. Saudi Arabia would also buy substantial military equipment from the US.
THE IMMINENT DEMISE OF THE DOLLAR
This was a very clever arrangement and is the sole reason why the dollar is still standing. But the combination of a rapidly deteriorating US financial position and countries like China, Russia and Iran gradually trading in their own currencies, will soon precipitate the dollar’s demise.
Comparing currencies to each other is really a futile exercise since they are all going to ZERO. There is no prize for getting to the bottom first. Still in this exercise of relativity, it looks like the dollar will reach the bottom before the others. Having already lost 98% of its value in the last 50 years, the final 2% will not take that long. But remember that this 2% fall means a 100% loss of the dollar’s value from here.
Many people are very negative about the Euro due to the major problems in the EU. It is totally correct that the Euro is also a very weak and artificial currency. The Euro is virtually worth the same in dollars as on its launch on January 1st 1999. But right now, the Euro, in spite of its problems, technically looks stronger than the dollar.
So a crashing dollar over the next few years is virtually guaranteed and will act as a detonator which will blow up the US economy.
Also in the next 2-3 years we will see collapsing debt markets in the US and globally. Most debt in the world consists of printed money with no underlying real assets backing. Massively overvalued assets is backed by debt which will become totally worthless since it is only based on manufactured money issued by a printing press or a computer. When $10s of trillions are created with no labour, goods or service having been produced, that money clearly has ZERO value.
INTEREST RATES TO RISE STRONGLY
We will not have permanent zero rates as the FED and Ray Dalio say. There are two virtual certainties coming before the imminent mega crisis is over. The first will be the collapse of the currency system as I discussed above. The second certainty is the collapse of credit markets including bonds. The manipulation of rates will totally fail. Central banks will try to keep short rates low but will lose control of the long rates. As insolvent governments and corporates start to default, investors, including sovereign, will dump bonds.
Bond prices will collapse and rates go to at least the levels in the 1970s to early 1980s of 15-20%. The combination of hyperinflation and defaulting borrowers will see many bonds going to zero and rates to infinity. As long rates rise, they will pull the short rates up regardless of central banks attempts to hold them down. This will lead to the demise of the bond market. Obviously, central banks will frenetically print trillions or even quadrillions as derivatives disappear into a black hole. But to no avail except for panic and hyperinflation.
NOT THE TIME FOR OMPHALOSKEPSIS
So now is not the time for omphaloskepsis (navel gazing) or for investors to gloat about their stock market gains. Because the world is now entering a phase not seen for hundreds or maybe 2,000 years. Yes, stocks could meltup one final time before the total collapse but if they do, that will most likely be accompanied by a very weak dollar.
DON’T MEASURE YOUR WEALTH IN WORTHLESS FIAT CURRENCIES
To measure your assets in a fiat currency, be it dollars, euros or pounds, is absolute madness. Why do you measure your wealth in something that in real terms has declined by 98% since 1971 and 85% since 2000. It might feel good for a moment but when you realise that these gains are just paper profits that are not only meaningless but will evaporate totally in the next few years as stocks and paper money implode together.
And don’t for a second believe that the assets you own whether they are stocks, bonds or property are really worth the thousands or millions that they are valued at in fake money.
The imminent wealth destruction will soon reveal to investors that their assets are only worth a fraction of the imaginary value they have today.
Central banks will not save the world, they can’t. Because how can you solve a debt problem with more worthless debt or how can you create wealth by issuing more debt. That Ponzi scheme is now finished for a very long time.
Physical gold (and silver) will in the next few years reveal the total delusion that the financial system has rested on. Investors who are not protected should take heed.
Egon von Greyerz
Founder and Managing Partner
Matterhorn Asset Management
Zurich, Switzerland
Phone: +41 44 213 62 45
Matterhorn Asset Management’s global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. Matterhorn Asset Management is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 70 countries.
GoldSwitzerland.com
Contact Us


investmentwatchblog--2020-09-26--Unacceptable Food Lines and Prices Causing Societal Shift

China ’ s pork reserves running out within three months same as rice in Australia gone in three months .
@ @ @ @ @ say they are affected by food inflation and changing what they eat .
Venezuelans are @ @ @ @ @ sweep the country .
McDonalds experiencing shortages of hamburgers .

China’s pork reserves running out within three months same as rice in Australia gone in three months. 80%+ of people say they are affected by food inflation and changing what they eat. Venezuelans are riding donkeys as gasoline shortage sweep the country. McDonalds experiencing shortages of hamburgers.
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investmentwatchblog--2020-09-26--TERRIFIED Nancy Pelosi BACKS DOWN After THREATENING President Trump

The Political Insider reports House Speaker Nancy Pelosi ( D-CA ) backed down on Thursday and revealed that she won @ @ @ @ @ impeach President Donald Trump for a second time to block him from nominating someone to @ @ @ @

The Political Insider reports House Speaker Nancy Pelosi (D-CA) backed down on Thursday and revealed that she won’t actually try and impeach President Donald Trump for a second time to block him from nominating someone to the Supreme Court.
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Read More/Source/Credit/FairUse:
thepoliticalinsider.com/pelos…


investmentwatchblog--2020-09-26--HUGE SELLOFF of Tech Stocks as Fed Reduces Corporate Bond ETF Purchases. Coincidence?

Stocks have been fluctuating wildly .
But is it a coincidence that the Fed reduced their rapid ascent to more @ @ @ @ @ around the time where stocks lost their parabolic rise ?
It ’ s certainly possible @ @ @ @ @ has gone a long way up without a breather and now reassessing the situation .
@ @ @ @ @ need to be resolved here in 2020 and without more stimulus , there will be @ @ @ @ @ markets rising .
U.S. Stocks See Third-Biggest Outflow Ever These companies are returning money to @ @ @ @ @ cuts workers ’ hours but increases workload as sales rise amid pandemic | Walmart | @ @ @ @ @ halted on reports of cash crunch | Financial Times Reports : Kuwait and the UAE @ @ @ @ @ UK supermarkets Tesco and Morrisons are rationing toilet paper and hand sanitizer as fears of @ @ @ @ @ worker said their store was ‘ worse than a bad Christmas .
’

Stocks have been fluctuating wildly. But is it a coincidence that the Fed reduced their rapid ascent to more of a stream, right around the time where stocks lost their parabolic rise? It’s certainly possible that the market feels it has gone a long way up without a breather and now reassessing the situation. There are many situations which need to be resolved here in 2020 and without more stimulus, there will be difficulty in finding the broad markets rising.
U.S. Stocks See Third-Biggest Outflow Ever
finance.yahoo.com/news/u-stocks-see-third-biggest-091124260.html
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FRB: H.4.1 Release–Factors Affecting Reserve Balances– September 24, 2020
www.federalreserve.gov/releases/h41/current/
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These companies are returning money to shareholders after cutting jobs
www.cnbc.com/2020/09/25/these-companies-are-returning-money-to-shareholders-after-cutting-jobs.html
Walmart cuts workers’ hours but increases workload as sales rise amid pandemic | Walmart | The Guardian
www.theguardian.com/business/2020/sep/24/walmart-workers-hours-pay-great-workplace
Inline XBRL Viewer
www.sec.gov/ix?doc=/Archives/edgar/data/4515/000119312520254691/d94041d8k.htm
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www.zerohedge.com/s3/files/inline-images/AAL%20total%20debt.jpg?itok=XCiKFr0-
Evergrande Faces Crisis of Confidence Over $120 Billion Debt – Bloomberg
www.bloomberg.com/news/articles/2020-09-25/evergrande-faces-crisis-of-confidence-over-120-billion-debt?sref=ZEpEDN5v
Evergrande bond trading halted on reports of cash crunch | Financial Times
www.ft.com/content/f655ba5f-7a69-4927-b2b0-355dfb666398
Reports: Kuwait and the UAE in economic pain amid pandemic
apnews.com/article/virus-outbreak-dubai-united-arab-emirates-kuwait-financial-markets-97c7b9916e1c6e51e024867561cc33f0
UK supermarkets Tesco and Morrisons are rationing toilet paper and hand sanitizer as fears of panic buying return. One worker said their store was ‘worse than a bad Christmas.’
www.msn.com/en-us/foodanddrink/other/uk-supermarkets-tesco-and-morrisons-are-rationing-toilet-paper-and-hand-sanitizer-as-fears-of-panic-buying-return-one-worker-said-their-store-was-worse-than-a-bad-christmas/ar-BB19pTBr


investmentwatchblog--2020-09-27--This looks pretty accurate. SPX vs Consumer Sentiment

This looks pretty accurate .
SPX vs Consumer Sentiment pic.twitter.com/d0eflpqPk3 Large speculators have n't had this much short exposure to @ @ @ @ @ over a decade .
They 're short about $ 47 billion worth | The Market @ @

This looks pretty accurate. SPX vs Consumer Sentiment pic.twitter.com/d0eflpqPk3
Squeeze play?
Large speculators haven't had this much short exposure to major equity index futures in over a decade. They're short about $47 billion worth | The Market Ear t.co/c5U1eK5ABk
— Danielle DiMartino Booth (@DiMartinoBooth) September 27, 2020


investmentwatchblog--2020-09-27--USD bears are getting a short squeeze

USD bears are getting a short squeeze

Global stocks have lost $ 2.4tn in mkt cap this week , almost equal to GDP of France , as @ @ @ @ @ instead of ahead of vaccine , & grapple w/mkt concentration risk that built up over @ @ @ @ @ , meaning mkt value outside US is devalued .
pic.twitter.com/UD6HYLTfkz

Global stocks have lost $2.4tn in mkt cap this week, almost equal to GDP of France, as investors position ahead of elections instead of ahead of vaccine, & grapple w/mkt concentration risk that built up over summer & on Dollar strength, meaning mkt value outside US is devalued. pic.twitter.com/UD6HYLTfkz
— Holger Zschaepitz (@Schuldensuehner) September 27, 2020


investmentwatchblog--2020-09-27--New Nasdaq-100 Volatility Index (VOLQ): CME Group will launch its new Nasdaq-100 Volatility Index fu

New Nasdaq-100 Volatility Index (VOLQ): CME Group will launch its new Nasdaq-100 Volatility Index futures contracts on Oct. 5, 2020.

VOLQ is the newest entrant in a trading space long dominated by a single “ fear gauge ” VIX option @ @ @ @ @ VolDex methodology to measure implied volatility which interpolates the first and second in-the-money and first @ @ @ @ @ put options for the four weekly expirations , bracketing the moment 30 days in the @ @ @ @ @ 32 options are used to calculate a mathematically robust , closed-form measure of at-the-money implied @ @ @ @ @ information is only for educational purposes .
Do not make any investment decisions based on @ @ @ @ @ .
Do you own due diligence or consult your financial professional before making any investment @ @

VOLQ is the newest entrant in a trading space long dominated by a single “fear gauge” VIX option. VOLQ uses the Nations VolDex methodology to measure implied volatility which interpolates the first and second in-the-money and first and second out-of-the-money call and put options for the four weekly expirations, bracketing the moment 30 days in the future. Prices for these 32 options are used to calculate a mathematically robust, closed-form measure of at-the-money implied volatility.
VOLQ
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h/t hhh888hhhh
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.


investmentwatchblog--2020-09-27--Joe Biden has brain freeze on national TV!

Reporter closed her eyes , centered herself and tried to telepathically help Joe answer HER question !

Reporter closed her eyes, centered herself and tried to telepathically help Joe answer HER question!
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h/t Supa Hot Fire


investmentwatchblog--2020-09-27--The Legend John McAfee -The truth about why the U.S. Department of Justice hates TikTok.

The truth about why the U.S. Department of Justice hates TikTok .
pic.twitter.com/OIPwFjtMFy

The truth about why the U.S. Department of Justice hates TikTok. pic.twitter.com/OIPwFjtMFy
— John McAfee (@officialmcafee) September 27, 2020