investmentwatchblog--2020-08-13--Fear goes missing in U.S. equity options, just like 2000

Warren Buffett said this metric signaled the 2001 crash — now it ’ s sounding the alarm on global markets @ @ @ @ @ as the “ Buffett Indicator , ” the measure is simply the total market cap @ @ @ @ @ to the country ’ s GDP .
When it ’ s in the 70 % @ @ @ @ @ it ’ s time to throw cash at the market .
When it moves above @ @ @ @ @ s time to lean toward risk-off .
“

Fear goes missing in U.S. equity options, just like 2000: Chart of the Day | @TheOneDave pic.twitter.com/DG6plTQZND — R. Christopher Whalen (@rcwhalen) August 12, 2020
Nasdaq up more than 2%. Volume in 🔻stocks makes up more than 50% of the total (@hmeisler). This has never happened before. There have been a handful of days when declining volume accounted for more than 40%… 04/05/99
03/21/00
03/31/00
04/17/00
05/24/00
08/03/00 pic.twitter.com/kYDkwVKLzB — SentimenTrader (@sentimentrader) August 12, 2020
in '99, individual companies ran in price when they announced deals with larger companies; in 2020, all stocks soar when the gov't goes into debt by another $1T. US debt in '99, $5T, US debt by early 2021: $30T and growing $1.5-$2T/yr now forever. $24T in global QE, 0% rates🤦♂ t.co/9HUolhUqAI — M/I_Investments (@MI_Investments) August 12, 2020
While people keep betting against $DXY, it's slowly building a base over dMA10…. pic.twitter.com/M7M4xijGVO — Hoz (@Hoz94s) August 12, 2020
Warren Buffett said this metric signaled the 2001 crash — now it’s sounding the alarm on global markets

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“Known in investing circles as the “Buffett Indicator,” the measure is simply the total market cap of all U.S. stocks relative to the country’s GDP. When it’s in the 70% to 80% range, it’s time to throw cash at the market. When it moves above 100%, it’s time to lean toward risk-off. “


investmentwatchblog--2020-08-13--ESCAPE SEATTLE NOW! City Council Just Voted! Criminals REJOICE!

Jim Hoft from The Gateway Pundit reports , The Seattle City Council voted to defund the police on Monday night @ @ @ @ @ despite objections from the city ’ s police chief , mayor and the Seattle Police @ @ @ @

Jim Hoft from The Gateway Pundit reports, The Seattle City Council voted to defund the police on Monday night. The 7-1 vote comes despite objections from the city’s police chief, mayor and the Seattle Police Officers’ Guild.
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investmentwatchblog--2020-08-13--The Horror Of New Breadlines Are Coming! Get Ready For Starvation And Societal Collapse!

With the huge amount of layoffs , people do not have enough money and resources to live with and if things continue to get worse at such a horrifying rate , we might be nearing food shortage and starvation and I am not joking at all .
The NGOs are going nuts and they have more recipients than they ever had .
Insurance companies don ’ t know what to do with a record number of claims for medical purposes .
There is a huge shortage of food as people who have money are stocking up and people who couldn @ @ @ @ @ @ @ buy things at a double and even at triple the rates .
The ones who can not afford food are suffering from starvations and they are reaching out to NGOs for help , but sadly , they can ’ t do much here as they have many more recipients compared to the food and other resources they have .
Some are getting aided and some are just isolating in hunger and if they don ’ t get food , they and their families might gone because in the United States of America , @ @ @ @ @ @ @ which can end you know , people are also threatened by hunger .
Well , we adults can manage a little bit of starvation and eating lesser portions , but children ?
They need food and proper nutrition to grow properly .
In the Survey of Mothers with Young Children , 17.4 percent of mothers with children aged 12 and under indicated that after the pandemic started , “ the children in my family didn ’ t eat enough because we just couldn ’ t afford enough food.
” For those mothers , @ @ @ @ @ @ @ didn ’ t eat enough because of a lack of nutrition from the outset .
In contrast , 3.1 percent of mothers with a child age 12 and under indicated in the 2018 FSS that their children did not eat enough because they have never been able to afford enough food in the past 12 months .
The frequency of children ’ s deprivation as calculated by responses to this problem has risen 460 percent .
Yet , answers to this problem alone do not completely capture food insecurity among children .
To @ @ @ @ @ @ @ a battery of questions from the current population survey about access to food .
In addition , 7.4 % of mothers with children under the age of 12 had food-insecure children in their residence in the year 2018 , more than double the proportion that said the children in their household did not eat enough since they couldn ’ t afford enough food .
If the correlation between this particular issue and the total measure of child food insecurity continues to hold today , 17.4 percent of children who do not consume enough @ @ @ @ @ @ @ of children who experience food insecurity .
Food Banks all over the country are getting severely overburdened .
People who never required food assistance are demanding it and food banks have extremely limited resources to facilitate people .
Still , these food banks are working day and night to provide as much help as they can to their fellow Americans .
Here are a few of the many food banks who have worked hard to serve their fellow American citizens and immigrants .

With the huge amount of layoffs, people do not have enough money and resources to live with and if things continue to get worse at such a horrifying rate, we might be nearing food shortage and starvation and I am not joking at all.
We are primarily funded by readers. Please subscribe and donate to support us!
The NGOs are going nuts and they have more recipients than they ever had. Insurance companies don’t know what to do with a record number of claims for medical purposes. There is a huge shortage of food as people who have money are stocking up and people who couldn’t stock things up have to buy things at a double and even at triple the rates. The ones who cannot afford food are suffering from starvations and they are reaching out to NGOs for help, but sadly, they can’t do much here as they have many more recipients compared to the food and other resources they have. Some are getting aided and some are just isolating in hunger and if they don’t get food, they and their families might gone because in the United States of America, the corona is not the only thing which can end you know, people are also threatened by hunger. Well, we adults can manage a little bit of starvation and eating lesser portions, but children? They need food and proper nutrition to grow properly.
In the Survey of Mothers with Young Children, 17.4 percent of mothers with children aged 12 and under indicated that after the pandemic started, “the children in my family didn’t eat enough because we just couldn’t afford enough food.” For those mothers, 3.4 percent reported that their children also didn’t eat enough because of a lack of nutrition from the outset.
In contrast, 3.1 percent of mothers with a child age 12 and under indicated in the 2018 FSS that their children did not eat enough because they have never been able to afford enough food in the past 12 months. The frequency of children’s deprivation as calculated by responses to this problem has risen 460 percent.
Yet, answers to this problem alone do not completely capture food insecurity among children. To measure food insecurity, the USDA aggregates a battery of questions from the current population survey about access to food. In addition, 7.4% of mothers with children under the age of 12 had food-insecure children in their residence in the year 2018, more than double the proportion that said the children in their household did not eat enough since they couldn’t afford enough food. If the correlation between this particular issue and the total measure of child food insecurity continues to hold today, 17.4 percent of children who do not consume enough will turn into more than a third of children who experience food insecurity.
Food Banks all over the country are getting severely overburdened. People who never required food assistance are demanding it and food banks have extremely limited resources to facilitate people. Still, these food banks are working day and night to provide as much help as they can to their fellow Americans. Here are a few of the many food banks who have worked hard to serve their fellow American citizens and immigrants.


investmentwatchblog--2020-08-13--Seconds after CNN Learns Trump’s Gettysburg Idea, their Claim is the FAKEST NEWS EVER

Jim Hoft from The Gateway Pundit reports , Where do they get these clowns ?
CNN ’ s Jeremy Diamond @ @ @ @ @ wanted to deliver his convention speech in Gettysburg because he loves the Confederacy .

Jim Hoft from The Gateway Pundit reports, Where do they get these clowns? CNN’s Jeremy Diamond on Monday suggested President Trump wanted to deliver his convention speech in Gettysburg because he loves the Confederacy.
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investmentwatchblog--2020-08-13--The Stock Market Is Extremely Overvalued. Here’s Why.

In your opinion , are stocks overvalued or undervalued ?
We are right in the middle of the most overvalued @ @ @ @ @ in the history of the world .
Hundreds of years and different markets from all @ @ @ @ @ ’ re repeating the same patterns we have seen over and over again .
There @ @ @ @ @ the market is rising and why it will rise forever .
But only 1 matters @ @ @ @ @ Win , Calls Harris Too Charismatic – Bloomberg Justifiable Bullishness Or Is It Willful Blindness @ @ @

In your opinion, are stocks overvalued or undervalued?
We are right in the middle of the most overvalued, most exaggerated stock market in the history of the world. Hundreds of years and different markets from all over the world and we’re repeating the same patterns we have seen over and over again. There are countless excuses for why the market is rising and why it will rise forever. But only 1 matters.
Gundlach Says Trump Will Win, Calls Harris Too Charismatic – Bloomberg
www.bloomberg.com/news/articles/2020-08-11/gundlach-says-trump-will-win-calls-harris-too-charismatic
UBS Tells Rich Clients to Leave Stock Bubbles to Day Traders – Bloomberg
www.bloomberg.com/news/articles/2020-06-19/rich-clients-should-leave-stock-bubbles-to-day-traders-ubs-says
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Justifiable Bullishness Or Is It Willful Blindness? – RIA
realinvestmentadvice.com/justifiable-bullishness-or-is-it-willful-blindness/
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investmentwatchblog--2020-08-13--Chicago PD Superintendent Blows Up the Media’s Narrative on Violent Riots

Chicago PD ’ s Superintendent blew up the Media ’ s narrative on the violent riots , saying cops are @ @ @ @ @ looters and getting off scot-free .
Chicago ’ s State ’ s Attorney Kim Foxx @ @ @ @ @ Cases in Her First Three Years – Police Union Asks the Feds to Step In

Chicago PD’s Superintendent blew up the Media’s narrative on the violent riots, saying cops are facing consequences while rioters and looters and getting off scot-free.
Chicago’s State’s Attorney Kim Foxx Dismissed More Than 25,000 Felony Cases in Her First Three Years – Police Union Asks the Feds to Step In
—————————————-
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Black Lives Matter : Looting Gucci For “Reparations”
h/t silversides


investmentwatchblog--2020-08-13--WOW!! Two senior soldier-scholars demand Joint Chiefs Chair remove Trump from office, IF NECESSARY B

WOW!! Two senior soldier-scholars demand Joint Chiefs Chair remove Trump from office, IF NECESSARY BY FORCE, if he refuses to leave after losing

As chairman of the Joint Chiefs of Staff , you are well aware of your duties in ordinary times : to serve as principal military advisor to the president of the United States , and to transmit the lawful orders of the president and Secretary of Defense to combatant commanders .
In ordinary times , these duties are entirely consistent with your oath to “ support and defend the Constitution of the United States against all enemies , foreign and domestic… ” We do not live in ordinary times .
The president of the United States is actively subverting our @ @ @ @ @ @ @ office in defiance of our Constitution .
In a few months ’ time , you may have to choose between defying a lawless president or betraying your Constitutional oath .
We write to assist you in thinking clearly about that choice .
If Donald Trump refuses to leave office at the expiration of his constitutional term , the United States military must remove him by force , and you must give that order .
Due to a dangerous confluence of circumstances , the once-unthinkable scenario of authoritarian rule in the United States is @ @ @ @ @ @ @ , as Mr. Trump faces near certain electoral defeat , he is vigorously undermining public confidence in our elections .
Second , Mr. Trump ’ s defeat would result in his facing not merely political ignominy , but also criminal charges .
Third , Mr. Trump is assembling a private army capable of thwarting not only the will of the electorate but also the capacities of ordinary law enforcement .
When these forces collide on January 20 , 2021 , the U.S. military will be the only institution capable of upholding our Constitutional @ @ @ @ @ @ @ 12:01 PM , January 20 , 2021 , and Donald Trump will be sitting in the Oval Office .
The street protests will inevitably swell outside the White House , and the ranks of Trump ’ s private army will grow inside its grounds .
The speaker of the House will declare the Trump presidency at an end , and direct the Secret Service and Federal Marshals to remove Trump from the premises .
These agents will realize that they are outmanned and outgunned by Trump ’ s private army , and the @ @ @ @ @ @ @ this moment of Constitutional crisis , only two options remain .
Under the first , U.S. military forces escort the former president from the White House grounds .
Trump ’ s little green men , so intimidating to lightly armed federal law enforcement agents , step aside and fade away , realizing they would not constitute a good morning ’ s work for a brigade of the 82nd Airborne .
Under the second , the U.S. military remains inert while the Constitution dies .
The succession of government is determined by extralegal violence @ @ @ @ @ @ @ street protesters ; Black Lives Matter Plaza becomes Tahrir Square .
“ I , Mark A. Milley , do solemnly swear that I will support and defend the Constitution of the United States against all enemies , foreign and domestic ; that I will bear true faith and allegiance to the same ; that I take this obligation freely , without any mental reservation or purpose of evasion ; and that I will well and faithfully discharge the duties of the office on which I am about to enter .
So help me @ @ @ @ @ @ @ may well depend upon your adherence to this oath .
John Nagl , a retired Army officer and veteran of both Iraq wars , is Head of School at The Haverford School outside Philadelphia .
Paul Yingling , a retired U.S. Army lieutenant colonel , served three tours in Iraq , another in Bosnia , and a fifth in Operation Desert Storm .
Read the full letter here at DefenseOne :

Dear General Milley:
As chairman of the Joint Chiefs of Staff, you are well aware of your duties in ordinary times: to serve as principal military advisor to the president of the United States, and to transmit the lawful orders of the president and Secretary of Defense to combatant commanders. In ordinary times, these duties are entirely consistent with your oath to “support and defend the Constitution of the United States against all enemies, foreign and domestic…”
We do not live in ordinary times. The president of the United States is actively subverting our electoral system, threatening to remain in office in defiance of our Constitution. In a few months’ time, you may have to choose between defying a lawless president or betraying your Constitutional oath. We write to assist you in thinking clearly about that choice. If Donald Trump refuses to leave office at the expiration of his constitutional term, the United States military must remove him by force, and you must give that order.
Due to a dangerous confluence of circumstances, the once-unthinkable scenario of authoritarian rule in the United States is now a very real possibility. First, as Mr. Trump faces near certain electoral defeat, he is vigorously undermining public confidence in our elections. Second, Mr. Trump’s defeat would result in his facing not merely political ignominy, but also criminal charges. Third, Mr. Trump is assembling a private army capable of thwarting not only the will of the electorate but also the capacities of ordinary law enforcement. When these forces collide on January 20, 2021, the U.S. military will be the only institution capable of upholding our Constitutional order.
Then the clock will strike 12:01 PM, January 20, 2021, and Donald Trump will be sitting in the Oval Office. The street protests will inevitably swell outside the White House, and the ranks of Trump’s private army will grow inside its grounds. The speaker of the House will declare the Trump presidency at an end, and direct the Secret Service and Federal Marshals to remove Trump from the premises. These agents will realize that they are outmanned and outgunned by Trump’s private army, and the moment of decision will arrive.
At this moment of Constitutional crisis, only two options remain. Under the first, U.S. military forces escort the former president from the White House grounds. Trump’s little green men, so intimidating to lightly armed federal law enforcement agents, step aside and fade away, realizing they would not constitute a good morning’s work for a brigade of the 82nd Airborne. Under the second, the U.S. military remains inert while the Constitution dies. The succession of government is determined by extralegal violence between Trump’s private army and street protesters; Black Lives Matter Plaza becomes Tahrir Square.
….
Lest you forget:
“I, Mark A. Milley, do solemnly swear that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter. So help me God.”
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The fate of our Republic may well depend upon your adherence to this oath.
Respectfully yours,
John Nagl and Paul Yingling
John Nagl, a retired Army officer and veteran of both Iraq wars, is Head of School at The Haverford School outside Philadelphia.
Paul Yingling, a retired U.S. Army lieutenant colonel, served three tours in Iraq, another in Bosnia, and a fifth in Operation Desert Storm.
Read the full letter here at DefenseOne:
www.defenseone.com/ideas/2020/08/all-enemies-foreign-and-domestic-open-letter-gen-milley/167625/
AC


investmentwatchblog--2020-08-13--South-eastern Chinese city Shenzhen says chicken imported from Brazil tests positive for coronavirus

BEIJING/SHANGHAI ( REUTERS ) – A sample of frozen chicken wings imported into the southern Chinese city of Shenzhen from @ @ @ @ @ coronavirus , the city government said in a notice on Thursday ( Aug 13 ) @ @ @ @ @ tested a surface sample taken from the chicken wings as part of routine screenings carried @ @ @ @ @ imports since June , when a new outbreak in Beijing was linked to the city @ @ @ @ @ .
The discovery came a day after traces of the coronavirus that causes Covid-19 were @ @ @ @ @ frozen shrimp from Ecuador .
China has been stepping up screenings at ports amid the @ @ @ @ @

BEIJING/SHANGHAI (REUTERS) – A sample of frozen chicken wings imported into the southern Chinese city of Shenzhen from Brazil has tested positive for coronavirus, the city government said in a notice on Thursday (Aug 13).
Local disease control centres tested a surface sample taken from the chicken wings as part of routine screenings carried out on meat and seafood imports since June, when a new outbreak in Beijing was linked to the city’s Xinfadi seafood market.
The discovery came a day after traces of the coronavirus that causes Covid-19 were found on the packaging of frozen shrimp from Ecuador. China has been stepping up screenings at ports amid the concerns over food imports.


investmentwatchblog--2020-08-14--How Would You Feel About A Nationwide Mask Mandate That Forced You To Wear A Mask In Public At All T

How Would You Feel About A Nationwide Mask Mandate That Forced You To Wear A Mask In Public At All Times?

I think that this headline is going to upset a lot of people , and it should .
Personally , I believe that if you want to wear a mask you should be able to wear a mask , but if you don ’ t want to wear a mask you should not be forced to wear one .
And I also believe that we should be respectful of the choices that others have made .
I have seen so many instances where a crazed individual has viciously gone after someone else for either wearing or not wearing a mask @ @ @ @ @ @ @ .
Why don ’ t we all just chill out and let people deal with this pandemic however they want to deal with it ?
To me , that makes a whole lot of sense .
Unfortunately , many of our control freak politicians want to micromanage our behavior during the COVID-19 pandemic , and that includes the Democratic candidate for president .
On Thursday , Joe Biden stated that he supports “ mandatory mask wearing ” in every U.S. state… Joe Biden , the presumptive Democratic nominee for president , called for @ @ @ @ @ @ @ drawing a sharp contrast with President Donald Trump , who rarely wears a mask himself and opposes such mandates .
“ Every single American should be wearing a mask when they ’ re outside for the next three months at a minimum , ” Biden said at a press appearance in Wilmington , Delaware .
“ Every governor should mandate mandatory mask wearing .
The estimates by the experts are that it will save over 40,000 lives in the next three months .
Forty thousand lives , if people act responsibly.
” Biden @ @ @ @ @ @ @ , but three months from now doesn ’ t even get us to the end of fall .
And if there is going to be a fresh wave of this pandemic , it is likely to peak during the winter .
So in reality Biden will probably still be talking about “ mandatory mask wearing ” six months from now .
In fact , he will undoubtedly want us to keep wearing masks until a vaccine comes out .
But it is becoming clear that a vaccine is not going to end this @ @ @ @ @ @ @ I discussed the fact that three separate scientific studies conducted in three different countries have all shown that COVID-19 antibodies disappear very , very rapidly .
So even if a COVID-19 vaccine could be developed that was safe , and even if it produced antibodies , and even if those antibodies were sufficient to confer immunity , that immunity would likely be very , very temporary at best .
It is being reported that any COVID-19 vaccine will probably require more than one trip to the doctor , and if a vaccine will @ @ @ @ @ @ @ at most , that will essentially mean that any potential vaccine is almost completely useless .
And now that we are learning that people can become repeatedly infected by COVID-19 , that means that this pandemic is probably going to be with us indefinitely .
If that is true , that would also likely mean that Joe Biden would want all of us to wear masks in public from now on .
Needless to say , I don ’ t think that too many people are going to go for that .
I @ @ @ @ @ @ @ I don ’ t want anyone telling me that I must wear one in public on a permanent basis .
And a lot of people are starting to question whether the masks that people have been wearing are truly effective .
The following comes from Daniel Horowitz… Mask-wearing in all of the major cities – from Los Angeles to Miami – has been in place and followed by pressure and community shaming for months .
Compliance in most of these places has been off the charts , according to the NYT .
Yet @ @ @ @ @ @ @ before the mandate .
The virus is now spreading in Japan , Hong Kong , and the Philippines , which have near universal mask-wearing .
At what point does the mask cult have to provide evidence of the effectiveness of these unconstitutional mandates , and at what point do benchmarks have to be met to maintain such a draconian and life-altering requirement ?
Once again , I don ’ t think that it is wrong to wear a mask at all .
In fact , for many people I believe that it is @ @ @ @ @ @ @ let them mandate masks , it will just be a matter of time before they start mandating that we all take the coming COVID-19 vaccine .
Already , many in the mainstream media are quite distressed about the fact that polls have shown that most Americans don ’ t plan to get the vaccine at all .
The following comes from a USA Today article entitled “ Experts worry that a COVID-19 vaccine won ’ t help if not enough people are willing to get one ” … I think that it is @ @ @ @ @ @ @ make a vaccine mandatory once one is available , and there may even be an attempt to do something on the national level .
This is a red line that must not be crossed , and the American people must never submit to such tyranny .
Of course the authorities will continue to do their best to frighten all of us into submission .
On Wednesday , the director of the CDC warned that we are facing “ the worst fall ” that “ we ’ ve ever had ” … You never @ @ @ @ @ @ @ to be correct .
And it is just a matter of time before a pandemic that is far , far worse than COVID-19 comes along .
But whether or not to wear a mask should be a personal choice , and nobody should ever be allowed to force anyone to take a vaccine under any circumstances .
Unfortunately , many of our politicians believe that it is “ unsafe ” to leave such decisions up to us .
They believe that they must micromanage our lives for the good of society , and @ @ @ @ @ @ @ to vote for such politicians in November .

by Michael Snyder
I think that this headline is going to upset a lot of people, and it should. Personally, I believe that if you want to wear a mask you should be able to wear a mask, but if you don’t want to wear a mask you should not be forced to wear one. And I also believe that we should be respectful of the choices that others have made. I have seen so many instances where a crazed individual has viciously gone after someone else for either wearing or not wearing a mask, and that should not be happening. Why don’t we all just chill out and let people deal with this pandemic however they want to deal with it? To me, that makes a whole lot of sense. Unfortunately, many of our control freak politicians want to micromanage our behavior during the COVID-19 pandemic, and that includes the Democratic candidate for president.
On Thursday, Joe Biden stated that he supports “mandatory mask wearing” in every U.S. state…
Joe Biden, the presumptive Democratic nominee for president, called for a nationwide mask mandate on Thursday, drawing a sharp contrast with President Donald Trump, who rarely wears a mask himself and opposes such mandates. “Every single American should be wearing a mask when they’re outside for the next three months at a minimum,” Biden said at a press appearance in Wilmington, Delaware. “Every governor should mandate mandatory mask wearing. The estimates by the experts are that it will save over 40,000 lives in the next three months. Forty thousand lives, if people act responsibly.”
Biden is suggesting a three month time frame, but three months from now doesn’t even get us to the end of fall.
And if there is going to be a fresh wave of this pandemic, it is likely to peak during the winter.
So in reality Biden will probably still be talking about “mandatory mask wearing” six months from now. In fact, he will undoubtedly want us to keep wearing masks until a vaccine comes out.
But it is becoming clear that a vaccine is not going to end this pandemic. In a previous article, I discussed the fact that three separate scientific studies conducted in three different countries have all shown that COVID-19 antibodies disappear very, very rapidly. So even if a COVID-19 vaccine could be developed that was safe, and even if it produced antibodies, and even if those antibodies were sufficient to confer immunity, that immunity would likely be very, very temporary at best.
It is being reported that any COVID-19 vaccine will probably require more than one trip to the doctor, and if a vaccine will only protect you for a few months at most, that will essentially mean that any potential vaccine is almost completely useless.
And now that we are learning that people can become repeatedly infected by COVID-19, that means that this pandemic is probably going to be with us indefinitely.
If that is true, that would also likely mean that Joe Biden would want all of us to wear masks in public from now on.
Needless to say, I don’t think that too many people are going to go for that.
We are primarily funded by readers. Please subscribe and donate to support us!
I am certainly not against masks, but I don’t want anyone telling me that I must wear one in public on a permanent basis.
And a lot of people are starting to question whether the masks that people have been wearing are truly effective. The following comes from Daniel Horowitz…
Once again, I don’t think that it is wrong to wear a mask at all. In fact, for many people I believe that it is the correct choice.
But if we let them mandate masks, it will just be a matter of time before they start mandating that we all take the coming COVID-19 vaccine. Already, many in the mainstream media are quite distressed about the fact that polls have shown that most Americans don’t plan to get the vaccine at all. The following comes from a USA Today article entitled “Experts worry that a COVID-19 vaccine won’t help if not enough people are willing to get one”…
Only about one-third of Americans say they’d be very likely to get a vaccine to prevent COVID-19, according to a poll released last month – virtually unchanged since the spring.
I think that it is inevitable that some states will try to make a vaccine mandatory once one is available, and there may even be an attempt to do something on the national level.
This is a red line that must not be crossed, and the American people must never submit to such tyranny.
Of course the authorities will continue to do their best to frighten all of us into submission. On Wednesday, the director of the CDC warned that we are facing “the worst fall” that “we’ve ever had”…
The U.S. now has more than 5 million cases and 166,700 deaths from the coronavirus. And with flu season approaching, the director of the Centers for Disease Control and Prevention warned on Wednesday that things could get a lot more grim. Robert Redfield said in an interview with WebMD that if Americans don’t follow public health guidance, the country could be facing “the worst fall, from a public health perspective, we’ve ever had.”
You never know, he may actually turn out to be correct.
And it is just a matter of time before a pandemic that is far, far worse than COVID-19 comes along.
But whether or not to wear a mask should be a personal choice, and nobody should ever be allowed to force anyone to take a vaccine under any circumstances.
Unfortunately, many of our politicians believe that it is “unsafe” to leave such decisions up to us. They believe that they must micromanage our lives for the good of society, and a large segment of the population plans to vote for such politicians in November.


investmentwatchblog--2020-08-14--100,000 Pasta Boxes And Enough Peanut Butter To Make Nearly 3 Million Sandwiches

If everything is going to be just fine , why are officials spending millions of dollars to stockpile giant mountains of food ?
What has just been revealed about the “ new food warehouse ” in Washington state should be a major red flag for all of us .
Most Americans seem to believe that the COVID-19 pandemic , the enormous economic problems that have erupted and the nightmarish civil unrest that has been raging in our major cities are all just temporary phenomenons and that life will eventually get back to normal .
Meanwhile , authorities in Washington state @ @ @ @ @ @ @ experienced so far is just the beginning .
According to the Seattle Times , stockpiles of food are being stacked all the way to the roof in “ Washington state ’ s new food warehouse ” … That seems like quite an odd thing to do if happy days are right around the corner .
So what prompted authorities in Washington state to do this ?
Well , we are being told that the purpose is to “ ward off a shortage in the months ahead ” … A “ shortage ” of @ @ @ @ @ @ @ is quite a statement to make .
In a previous article , I detailed that we are already witnessing periodic shortages of aluminum cans , soda , flour , canned soup , pasta and rice .
But what is happening in Washington makes it sound like they believe that what is ahead will be far , far more severe .
Up to this point , Washington state has spent a total of 6.1 million dollars on 4,000 pallets of food , but only about one-fourth of the orders that they have placed have @ @ @ @ @ @ @ t the rest of the food arrived yet ?
Could it be possible that the other 49 states and the federal government are doing the exact same thing ?
Unfortunately , I don ’ t have an answer to that question today .
If anyone out there has any leads or intel that will help me to answer that question , please let me know .
Meanwhile , we continue to see unprecedented lines at food banks all over the nation .
On Tuesday , vehicles lined up “ for a mile ” @ @ @ @ @ @ @ event in Dallas… As I discuss in my new book , we were specifically warned in advance that this was coming , and it certainly appears that poverty is only going to continue to grow in the months ahead .
One man that was interviewed by the local CBS affiliate said that his family would “ probably go hungry ” if it wasn ’ t for food distribution events such as this… So many families are deeply struggling out there right now , and they need our prayer .
Food supplies are tight @ @ @ @ @ @ @ to get tighter .
And this week food production was hit by another substantial blow when an extremely powerful derecho roared through several important farming states in the middle of the country… As I discussed yesterday , millions upon millions of acres of crops were ruined .
In fact , 10 million acres were affected in the state of Iowa alone… Throughout 2020 , we have been hit by one disaster after another .
We keep being told that everything will “ return to normal ” soon , but meanwhile authorities in Washington @ @ @ @ @ @ @ that we have never seen before .
And if we discover that officials in other states are doing the same thing , that would suggest some sort of nationwide pattern .
I have never used Washington state as a positive example before , and I may never do it again , but in this instance I would recommend doing exactly what they are doing .
Stockpile food while you still can , because very difficult times are approaching .
Yes , things are already quite chaotic out there , but I would use @ @ @ @ @ @ @ preparations because things are only going to get even crazier in the months ahead .

by Michael Snyder
If everything is going to be just fine, why are officials spending millions of dollars to stockpile giant mountains of food? What has just been revealed about the “new food warehouse” in Washington state should be a major red flag for all of us. Most Americans seem to believe that the COVID-19 pandemic, the enormous economic problems that have erupted and the nightmarish civil unrest that has been raging in our major cities are all just temporary phenomenons and that life will eventually get back to normal. Meanwhile, authorities in Washington state are acting as if what we have experienced so far is just the beginning. According to the Seattle Times, stockpiles of food are being stacked all the way to the roof in “Washington state’s new food warehouse”…
In Washington state’s new food warehouse, there’s enough Jif peanut butter to make nearly 3 million sandwiches. Barilla pasta boxes stretch to the ceiling, 100,000 in all. Large stacks of TreeTop applesauce, pancake mix and canned green beans sit on pallets, like soldiers waiting to be sent into duty.
That seems like quite an odd thing to do if happy days are right around the corner.
So what prompted authorities in Washington state to do this?
Well, we are being told that the purpose is to “ward off a shortage in the months ahead”…
After seeing food banks struggle to meet demand once the pandemic hit and the economy tanked, the Washington state Department of Agriculture (WSDA) began preparing to buy and stockpile tons of food to ward off a shortage in the months ahead.
A “shortage” of food in the months ahead?
That is quite a statement to make.
In a previous article, I detailed that we are already witnessing periodic shortages of aluminum cans, soda, flour, canned soup, pasta and rice. But what is happening in Washington makes it sound like they believe that what is ahead will be far, far more severe.
Up to this point, Washington state has spent a total of 6.1 million dollars on 4,000 pallets of food, but only about one-fourth of the orders that they have placed have already arrived.
So why hasn’t the rest of the food arrived yet?
Could it be possible that the other 49 states and the federal government are doing the exact same thing?
Unfortunately, I don’t have an answer to that question today. If anyone out there has any leads or intel that will help me to answer that question, please let me know.
We are primarily funded by readers. Please subscribe and donate to support us!
Meanwhile, we continue to see unprecedented lines at food banks all over the nation. On Tuesday, vehicles lined up “for a mile” to receive free food at a distribution event in Dallas…
Thousands of people have lined up at a Texas food bank, with cars stretching for a mile as the state struggles with being the third worst affected by the coronavirus outbreak. Fair Park in Dallas County held its fourth food drive since the pandemic was declared in March but the event on Tuesday was the first mega distribution that offered an option for several hundred walk-up clients without transportation.
As I discuss in my new book, we were specifically warned in advance that this was coming, and it certainly appears that poverty is only going to continue to grow in the months ahead.
One man that was interviewed by the local CBS affiliate said that his family would “probably go hungry” if it wasn’t for food distribution events such as this…
“If it wasn’t for this, we’d probably go hungry,” shared Richard Archer. Archer says his daughter heard about the food giveaway on the news and sent him to get food. “With unemployment benefits cut, her husband’s been laid off for three months. So, it’s just been a struggle. If it wasn’t for church, and food giveaways, the kids would be going hungry.”
So many families are deeply struggling out there right now, and they need our prayer.
Food supplies are tight nationwide, and they are only going to get tighter. And this week food production was hit by another substantial blow when an extremely powerful derecho roared through several important farming states in the middle of the country…
The rare storm known as a derecho hit Monday, devastating parts of the power grid, flattening valuable corn fields and killing at least two people. It produced winds of up to 112 mph near Cedar Rapids, Iowa, and toppled trees, snapped poles, downed power lines and tore off roofs from eastern Nebraska to Indiana. “It feels like we got kicked in the teeth pretty good,” said Dale Todd, a member of Cedar Rapids’ city council. “Recovery will be methodical, and slow. But right now, everybody is working to ensure the critical services are restored.”
As I discussed yesterday, millions upon millions of acres of crops were ruined. In fact, 10 million acres were affected in the state of Iowa alone…
Iowa Secretary of Agriculture Mike Naig said Tuesday that about 10 million acres of Iowa’s nearly 31 million acres of agricultural land sustained damage. About 24 million acres of that is typically planted primarily with corn and soybeans. In addition, tens of millions of bushels of grain that were stored at co-ops and on farms were damaged or destroyed when bins blew away.
Throughout 2020, we have been hit by one disaster after another.
We keep being told that everything will “return to normal” soon, but meanwhile authorities in Washington state are stockpiling food on a scale that we have never seen before.
And if we discover that officials in other states are doing the same thing, that would suggest some sort of nationwide pattern.
I have never used Washington state as a positive example before, and I may never do it again, but in this instance I would recommend doing exactly what they are doing.
Stockpile food while you still can, because very difficult times are approaching. Yes, things are already quite chaotic out there, but I would use the month of August to finish your preparations because things are only going to get even crazier in the months ahead.


investmentwatchblog--2020-08-14--The “New Normal” Is De-Normalization

The “New Normal” Is De-Normalization

Here ’ s what denormalization means : there was no “ New Normal ” for the dinosaurs .
Everyone talks about the “ New Normal , ” as if there ’ s a guarantee that life will return to normal .
But the “ New Normal ” is De-Normalization , which I define as everything that was normal is gone and will not be replaced with some new normal .
In other words , normal is gone , done , over : old normal , new normal , doesn ’ t matter : normal is history .
Denormalization is currently @ @ @ @ @ @ @ , but it ’ s too valuable a concept to be limited to a narrow geekspeak term .
What I mean by Denormalization is the complete dismantling of what was taken for granted as normal and the loss of any future version of normal .
Consider sports as an example .
We all know the Old Normal that millions hope will magically return : $ 100 million player contracts , millions in TV ad revenues , pro franchises worth billions of dollars , NCAA playoffs , etc .
: a dominant kingdom in @ @ @ @ @ @ @ .
The dirty little secret that troubled the kingdom long before Covid-19 was a steady erosion in attendance at live games and in the viewing audience .
Younger generations have relatively little interest in all the trappings and habits of Boomer sports manias .
They ’ d rather watch the 3-minute highlight video on their phones than blow half a day watching games that are generally lacking in drama and are largely replaceable with some other game .
What few seem to notice is that the Old Normal had become insanely expensive , @ @ @ @ @ @ @ habits coasting on momentum .
Those embedded in the Old Normal acclimatized to the absurdly overpriced seats , snacks , beer , parking , etc .
of live events and the insanely long commutes required to get to the venue and then back home , as their happy memories of $ 5 seats decades ago is the anchor of their lifelong devotion and habits .
The old fans coasting on ritual habituated to the cookie-cutter nature of the games , while those who never acquired the habit look with amazement at the seemingly @ @ @ @ @ @ @ sporting events .
Advertisers will eventually notice that younger generations never acquired the habit of worshipping sports and so there is nothing to stem the collapse of the Old Normal but older fans , some percentage of whom will find they don ’ t miss it once they fall out of the habit .
Some other percentage will find they can no longer afford to attend live games , or they ’ ll realize they no longer feel it ’ s worth it to grind through traffic or public transit just to sit @ @ @ @ @ @ @ entire slog back home .
Another percentage will suddenly awaken to the artifice of the whole thing ; they will simply lose interest .
Others will finally realize the corporate machine ( which includes college sports ) has long since lost any connection to the era that they remember so fondly .
This same Denormalization will dismantle fast food , dining out , air travel , healthcare , higher education and innumerable other iterations of normal that have become unaffordable even as the returns on the lavish investments of time and money required @ @ @ @ @ @ @ deeply miss air travel ?
You ’ re joking , right ?
Only certifiably insane people would miss the irksome hassle and discomfort , from the endless delays due to mechanical problems ( don ’ t you people keep any spare parts , or is it all just in time like every other broken system in America ? )
, the seats that keep getting smaller as the passengers keep getting larger , the fetid terminals , and so on .
Like all the other iterations of normal , the entire experience has @ @ @ @ @ @ @ we all habituated to the decline because we were stuck with it .
What few seem to understand is all the Old Normal systems can ’ t restabilize at some modestly lower level of diminishing returns ; their only possible future is collapse .
Just as fine-dining restaurants can not survive at 50 % capacity because their cost structure is so astronomical , the same is true of sports , airports , airlines , cruise lines , fast food , movie theaters , healthcare , higher education , local government services and all @ @ @ @ @ @ @ unaffordable Old Normal .
None of these systems can operate at anything less than about 80 % of full capacity and customers paying 80 % of full pop , i.e .
full retail .
Since their fixed cost structures are so high , and their buffers so thin , there ’ s nothing below the 80 % level but air , i.e .
a quick plummet to extinction .
Here ’ s what denormalization means : there was no New Normal for the dinosaurs .
A few winged species survived and evolved into @ @ @ @ @ @ @ is by no stretch of the imagination a New Normal that included all the other dinosaur species .
For them , denormalization meant extinction .
De-Normalization : everything that was normal is gone and will not be replaced with some new normal .
Normal is gone , done , over : goodbye to all that .

by Charles Hugh-Smith
Here’s what denormalization means: there was no “New Normal” for the dinosaurs.
Everyone talks about the “New Normal,” as if there’s a guarantee that life will return to normal. But the “New Normal” is De-Normalization, which I define as everything that was normal is gone and will not be replaced with some new normal. In other words, normal is gone, done, over: old normal, new normal, doesn’t matter: normal is history.
Denormalization is currently used to describe a database optimization process, but it’s too valuable a concept to be limited to a narrow geekspeak term.
What I mean by Denormalization is the complete dismantling of what was taken for granted as normal and the loss of any future version of normal. Consider sports as an example. We all know the Old Normal that millions hope will magically return: $100 million player contracts, millions in TV ad revenues, pro franchises worth billions of dollars, NCAA playoffs, etc.: a dominant kingdom in the nation’s media and mindshare.
The dirty little secret that troubled the kingdom long before Covid-19 was a steady erosion in attendance at live games and in the viewing audience. Younger generations have relatively little interest in all the trappings and habits of Boomer sports manias. They’d rather watch the 3-minute highlight video on their phones than blow half a day watching games that are generally lacking in drama and are largely replaceable with some other game.
What few seem to notice is that the Old Normal had become insanely expensive, irksome and boring, activities that were habits coasting on momentum. Those embedded in the Old Normal acclimatized to the absurdly overpriced seats, snacks, beer, parking, etc. of live events and the insanely long commutes required to get to the venue and then back home, as their happy memories of $5 seats decades ago is the anchor of their lifelong devotion and habits.
The old fans coasting on ritual habituated to the cookie-cutter nature of the games, while those who never acquired the habit look with amazement at the seemingly endless dull progression of hundreds of interchangeable sporting events.
Advertisers will eventually notice that younger generations never acquired the habit of worshipping sports and so there is nothing to stem the collapse of the Old Normal but older fans, some percentage of whom will find they don’t miss it once they fall out of the habit.
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Some other percentage will find they can no longer afford to attend live games, or they’ll realize they no longer feel it’s worth it to grind through traffic or public transit just to sit for additional hours and then repeat the entire slog back home.
Another percentage will suddenly awaken to the artifice of the whole thing; they will simply lose interest. Others will finally realize the corporate machine (which includes college sports) has long since lost any connection to the era that they remember so fondly.
This same Denormalization will dismantle fast food, dining out, air travel, healthcare, higher education and innumerable other iterations of normal that have become unaffordable even as the returns on the lavish investments of time and money required diminish sharply.
How many of you deeply miss air travel? You’re joking, right? Only certifiably insane people would miss the irksome hassle and discomfort, from the endless delays due to mechanical problems (don’t you people keep any spare parts, or is it all just in time like every other broken system in America?), the seats that keep getting smaller as the passengers keep getting larger, the fetid terminals, and so on.
Like all the other iterations of normal, the entire experience has been going downhill for decades, but we all habituated to the decline because we were stuck with it.
What few seem to understand is all the Old Normal systems can’t restabilize at some modestly lower level of diminishing returns; their only possible future is collapse. Just as fine-dining restaurants cannot survive at 50% capacity because their cost structure is so astronomical, the same is true of sports, airports, airlines, cruise lines, fast food, movie theaters, healthcare, higher education, local government services and all the rest of the incredibly fragile and unaffordable Old Normal.
None of these systems can operate at anything less than about 80% of full capacity and customers paying 80% of full pop, i.e. full retail. Since their fixed cost structures are so high, and their buffers so thin, there’s nothing below the 80% level but air, i.e. a quick plummet to extinction.
Here’s what denormalization means: there was no New Normal for the dinosaurs. A few winged species survived and evolved into the birds of today, but that is by no stretch of the imagination a New Normal that included all the other dinosaur species. For them, denormalization meant extinction.
De-Normalization: everything that was normal is gone and will not be replaced with some new normal. Normal is gone, done, over: goodbye to all that.


investmentwatchblog--2020-08-14--The Federal Reserve Is Testing a Digital Currency, Equivalent of Cash

Federal Reserve Governor Lael Brainard hinted once again at the coming monetary revolution when she said that the Fed is @ @ @ @ @ presented by central bank digital currencies .
Former Fed economist propose creating a monetary tool @ @ @ @ @ bonds , which draw on some of the advances in digital payments , which will @ @ @ @ @ .
The only thing keeping this next form of currency from being issued is Congressional @ @ @ @ @ enough to make it a necessity .

Federal Reserve Governor Lael Brainard hinted once again at the coming monetary revolution when she said that the Fed is studying the opportunities and challenges presented by central bank digital currencies. Former Fed economist propose creating a monetary tool that they call recession insurance bonds, which draw on some of the advances in digital payments, which will be wired instantly to Americans. The only thing keeping this next form of currency from being issued is Congressional approval and a crisis bad enough to make it a necessity.
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investmentwatchblog--2020-08-14--Inequality in access to credit…

Inequality in access to credit…

Inequality in access to credit : Big companies able to tap the bond market have been borrowing a lot and @ @ @ @ @ smaller companies dependent on bank loans are finding it increasingly difficult to secure financing.t.co/mOvlg0AA0G by @ @ @

Inequality in access to credit: Big companies able to tap the bond market have been borrowing a lot and at ultra-low yields. Meanwhile smaller companies dependent on bank loans are finding it increasingly difficult to secure financing.t.co/mOvlg0AA0G by @sallybakewell1 pic.twitter.com/64DT6KjEPr
— Tracy Alloway (@tracyalloway) August 13, 2020


investmentwatchblog--2020-08-14--INFLATION UP AS MUCH AS 1991

INFLATION UP AS MUCH AS 1991

INFLATION UP AS MUCH AS 1991 pic.twitter.com/D2KUQq0ZHZ — Win Smart, CFA (@WinfieldSmart) August 13, 2020
Weimar government financed its deficit by printing more currency, causing rampant hyperinflation. At the beginning of 1920, 50 marks was equivalent to one US dollar. By the end of 1923, one US dollar was equal to 4,200,000,000,000 marks — Win Smart, CFA (@WinfieldSmart) August 13, 2020
#GOLD PRICE BEFORE AND AFTER CPI DEFINITION CHANGE pic.twitter.com/HVZQxTrih8 — Win Smart, CFA (@WinfieldSmart) August 13, 2020
This crisis has already produced many historic charts, but to me, this rather understated one is one of the most extraordinary ones. pic.twitter.com/eHchOl8nih — Ángel Talavera (@atalaveraEcon) August 6, 2020


investmentwatchblog--2020-08-14--Do you know what put US economy into Great Depression between 1929-1932? Yeah – infinite amount of S

Do you know what put US economy into Great Depression between 1929-1932? Yeah – infinite amount of STIMULUS! Let’s watch it how this time will be different.

Do you know what put US economy into Great Depression between 1929-1932? Yeah – infinite amount of STIMULUS! Let's watch it how this time will be different. pic.twitter.com/X858xTW3zG — GregTheAnalyst (@Analyst_G) August 13, 2020
That's what you are seeing now. Plenty of credit nobody is allowed to borrow except S&P 5. I bet tightening will stay for a long time (blue line)… pic.twitter.com/TcjOL0KFWB — GregTheAnalyst (@Analyst_G) August 13, 2020
People not holding stocks long pic.twitter.com/zBJ7ieAE8V — Win Smart, CFA (@WinfieldSmart) August 13, 2020
Stocks could be melting up like they did the Roaring 20s, strategist says — we all know what happened next t.co/URLWrd4lzY — Win Smart, CFA (@WinfieldSmart) August 13, 2020
The velocity of money has collapsed. That has the same effect on the economy as a shrinkage of the money supply, which Milton Friedman identified as the central cause of the Great Depression. pic.twitter.com/6Faq7kRLLD — Bruce Bartlett (@BruceBartlett) August 6, 2020
Manhattan apartment rents plunged last month by the most in nearly nine years, with vacancy rates rising to a record 4.33%. t.co/uPdmC3YUEj — Lisa Abramowicz (@lisaabramowicz1) August 13, 2020
Capex & Technology spending pic.twitter.com/JSfoScF4F5 — Win Smart, CFA (@WinfieldSmart) August 13, 2020


investmentwatchblog--2020-08-14--Global Central Bank Update: -Mexico cut rates for the 6th time this year, 50 bps move to 4.50%.

Global Central Bank Update : -Mexico cut rates for the 6th time this year , 50 bps move to 4.50 @ @ @ @ @ gov wo n't pay interest rate but will give you a bonus if you lend @ @ @ @ @ improv with no end in sight t.co/eBooBGWpy2

Global Central Bank Update: -Mexico cut rates for the 6th time this year, 50 bps move to 4.50%. pic.twitter.com/Y3Mg36MFeu
Lol
The gov won't pay interest rate but will give you a bonus if you lend ?
Decades of monetary comedic improv with no end in sight t.co/eBooBGWpy2
— G Stockus🇨🇦 (@beatlesonbankin) August 13, 2020


investmentwatchblog--2020-08-14--If you KNOW AT&T messed up and you’re now getting collections letters, don’t waste your time on the

If you KNOW AT&T messed up and you’re now getting collections letters, don’t waste your time on the phone with customer service- go to the actual store.

I hope this helps at least one person .
No one should get slapped with a bill or collections notice that is not their responsibility then get told to “ just pay it.
” My loving husband came with a very nasty ex-wife .
They were AT & T users and after they split , he did a transfer of billing responsibility ( TBR ) to split their account so she would be responsible for her line and phone and he for his .
He got a new account for his line and phone payment .
After we got together @ @ @ @ @ @ @ closed his account ( “ Thank you , Mr. X for your service all these years .
You have a zero balance .
Have a nice life ” or whatever they say when you leave them ) and he was added to my Verizon account .
All was well , right ?
A few months later , we got another collections letter .
( We already paid off all his other collections and credit card balance from her . )
Of course , I was pissed because this one was $ 800 and @ @ @ @ @ @ @ his past .
So he called AT & T to ask about the bill .
“ Mr.X , your account is showing a zero balance .
Disregard the letter , we ’ ll take care of it.
” Ok , cool .
Keep in mind , I have no idea how collections work because I ’ ve never made a late payment in my life .
I can ’ t remember the exact timing , but we received another collections notice .
Now we have a mortgage and a baby , I was @ @ @ @ @ @ @ we don ’ t have is an extra $ 800.00 laying around for this bill .
Again , I ’ m pissed .
My husband was/is working from home ( Thank you , COVID ) and when he came out for break I had him call AT & T again .
The call lasted TWO hours .
( His amazing boss put him on PTO to deal with it . )
I won ’ t go into the details but the just of it was that the TBR was not done properly so @ @ @ @ @ @ @ bill , it got kicked back to my husband .
They said it looked like someone just copied his old account and threw the bill onto there , so it would be classified as fraud because the account was open without his knowledge .
Ok , cool .
We ’ re done .
Nope .
Two weeks later , the fraud department sends us a letter stating there was no fraud and he was responsible for the bill .
WTF .
Then I got on the phone .
I had finally gotten someone @ @ @ @ @ @ @ failed TBR , how the line and phone was supposed to be transferred to Ex-Wife ’ s mom , and that my husband was not responsible .
Woo-hoo .
Nope .
And then I got transferred again and again and again .
I end up on the phone ( finally ) with a manager .
This B tells me “ Mrs.X , I don ’ t see any history of a TBR or your husband calling in during the time you ’ re stating.
” WTF .
I thought we were finally getting @ @ @ @ @ @ @ The same thing happened to me when I split with my ex and I had to pay his bill.
” She told me to just pay the bill .
HELL NO .
I spent FOUR hours on the phone with AT & T that day .
So now the total hours wasted on the phone with AT & T totals around 6.5 hours .
I was furious .
I hung up the phone dumbfounded and questioned my husband again about everything .
He assured me he did it on the phone in Sept @ @ @ @ @ @ @ ’ t make sense- how could that one person get it right and then everyone else give me the runaround ?
So my husband went to the actual AT & T store .
Sat down with the manger who saw EVERYTHING on his account and it was taken care of in 30 minutes with two more 10-15 minute visits to the store to finish it up and verify .
AT & T messed up the TBR and it was , in fact , NOT my husband ’ s responsibility to take care of @ @ @ @ @ @ @ final time to make sure everything was taken care of , his entire history with AT & T was wiped clean , like he never even had an account there .
I had also really hoped the bill would get kicked back to Ex-Wife , unfortunately it didn ’ t .
Larissa , the manager over the phone at AT & T who told me to “ just pay it , ” you ’ re a crap employee .

by lace8402
I hope this helps at least one person. No one should get slapped with a bill or collections notice that is not their responsibility then get told to “just pay it.”
My loving husband came with a very nasty ex-wife. They were AT&T users and after they split, he did a transfer of billing responsibility(TBR) to split their account so she would be responsible for her line and phone and he for his. He got a new account for his line and phone payment. After we got together, we paid off his phone, closed his account (“Thank you, Mr. X for your service all these years. You have a zero balance. Have a nice life” or whatever they say when you leave them) and he was added to my Verizon account. All was well, right?
A few months later, we got another collections letter. (We already paid off all his other collections and credit card balance from her.) Of course, I was pissed because this one was $800 and I thought we were done paying off his past. So he called AT&T to ask about the bill. “Mr.X, your account is showing a zero balance. Disregard the letter, we’ll take care of it.” Ok, cool. Keep in mind, I have no idea how collections work because I’ve never made a late payment in my life.
I can’t remember the exact timing, but we received another collections notice. Now we have a mortgage and a baby, I was on unpaid maternity leave, and what we don’t have is an extra $800.00 laying around for this bill. Again, I’m pissed. My husband was/is working from home (Thank you, COVID) and when he came out for break I had him call AT&T again. The call lasted TWO hours. (His amazing boss put him on PTO to deal with it.) I won’t go into the details but the just of it was that the TBR was not done properly so when Ex-Wife decided not to pay her bill, it got kicked back to my husband. They said it looked like someone just copied his old account and threw the bill onto there, so it would be classified as fraud because the account was open without his knowledge. Ok, cool. We’re done.
Nope. Two weeks later, the fraud department sends us a letter stating there was no fraud and he was responsible for the bill. WTF. Then I got on the phone. I had finally gotten someone on the phone who could see the failed TBR, how the line and phone was supposed to be transferred to Ex-Wife’s mom, and that my husband was not responsible. Woo-hoo.
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Nope. And then I got transferred again and again and again. I end up on the phone (finally) with a manager. This B tells me “Mrs.X, I don’t see any history of a TBR or your husband calling in during the time you’re stating.” WTF. I thought we were finally getting somewhere. She told me, “ The same thing happened to me when I split with my ex and I had to pay his bill.” She told me to just pay the bill. HELL NO.
I spent FOUR hours on the phone with AT&T that day. So now the total hours wasted on the phone with AT&T totals around 6.5 hours. I was furious. I hung up the phone dumbfounded and questioned my husband again about everything. He assured me he did it on the phone in Sept the previous year. It just didn’t make sense- how could that one person get it right and then everyone else give me the runaround?
So my husband went to the actual AT&T store. Sat down with the manger who saw EVERYTHING on his account and it was taken care of in 30 minutes with two more 10-15 minute visits to the store to finish it up and verify. AT&T messed up the TBR and it was, in fact, NOT my husband’s responsibility to take care of it. When he went back the final time to make sure everything was taken care of, his entire history with AT&T was wiped clean, like he never even had an account there. I had also really hoped the bill would get kicked back to Ex-Wife, unfortunately it didn’t.
Larissa, the manager over the phone at AT&T who told me to “just pay it,” you’re a crap employee.
Disclaimer: This is a guest post.


investmentwatchblog--2020-08-14--AMD CEO sold $15.9 millions worth of AMD stock

According to the SEC filing , here are a couple of high-profile AMD insider selling for the past couple days @ @ @ @ @ CEO ) : sold $ 11.8M worth of AMD stock in Aug 11 , and @ @ @ @ @ 9 .
• KUMAR DEVINDER ( CFO ) : sold $ 5M in Aug 11 @ @ @ @ @ in Aug 9 .
That is a total of $ 28.4M in 2 days , @ @ @ @ @ profit-taking for a short amount of time .
Will this trend continue as AMD price @ @ @ @ @ possible .
This means that more volatility is coming for AMD , which we have @ @ @ @ @ these crazy swings .
So don ’ t YOLO/FOMO into AMD because of all the @ @

by learner4f
According to the SEC filing, here are a couple of high-profile AMD insider selling for the past couple days:
Lisa Su (CEO): sold $11.8M worth of AMD stock in Aug 11, and sold $4.1M in Aug 9. KUMAR DEVINDER (CFO): sold $5M in Aug 11, and sold $1.2M in Aug 9. Bergman Rick (EVP): $1.9M in Aug 9. Papermaster Mark D (CTO): sold $1.25M in Aug 9. GRASBY PAUL DARREN (SVP & CSO): sold $1.2M in Aug 9. Norrod Forrest Eugene (SVP): $934k in Aug 9 WOLIN HARRY A (SVP): sold $698k in Aug 9. SMITH DARLA M (CAO): sold $332k in Aug 9.
That is a total of $28.4M in 2 days, which is a lot of profit-taking for a short amount of time.
Will this trend continue as AMD price keeps hitting ATH? Quite possible. This means that more volatility is coming for AMD, which we have already seen recently with all these crazy swings. So don’t YOLO/FOMO into AMD because of all the hype.
ir.amd.com/static-files/49f15975-70b0-49c9-a85a-ea5d2dc14f88
ir.amd.com/static-files/572d89de-329a-4466-9027-65725fccc22a
ir.amd.com/static-files/6449bc36-d2a3-4fa3-9f38-003706cb70a1
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ir.amd.com/static-files/b341320a-68c9-434b-90dc-23245f02019b
ir.amd.com/static-files/78a953ed-a5fd-4d8e-8fd9-d2f5231422f3
ir.amd.com/static-files/5f00e965-9dfc-4d91-9e9d-126de44f9b3f
ir.amd.com/static-files/ef8a16fb-47df-46f7-9104-2737c6fc9759
ir.amd.com/static-files/0c09d44f-18e4-4156-9eb4-ad160ddf07f8
ir.amd.com/static-files/16e9086c-16df-455e-b294-190480e226e4
ir.amd.com/static-files/295ad44a-ac23-4d6a-b88d-ecd701bdc5db


investmentwatchblog--2020-08-14--Survey results show 95% of Chinese iPhone owners would switch from Apple to another smartphone brand

Survey results show 95% of Chinese iPhone owners would switch from Apple to another smartphone brand, rather than give up WeChat

A huge Chinese survey with more than 1.2 million responses shows that 95 % of Chinese iPhone owners would switch @ @ @ @ @ brand , rather than give up WeChat .
The survey follows an executive order by @ @ @ @ @ from transactions with WeChat owner Tencent .

A huge Chinese survey with more than 1.2 million responses shows that 95% of Chinese iPhone owners would switch from Apple to another smartphone brand, rather than give up WeChat. The survey follows an executive order by Donald Trump banning US companies from transactions with WeChat owner Tencent.


investmentwatchblog--2020-08-14--Why Stock Splits Matter: Covered Calls

Why Stock Splits Matter: Covered Calls

Covered calls are when you sell call options against the stock you already own and collect the income from the premium .
If the underlying stock rallies above the strike price , you will lose on the call you wrote but if you own the underlying stock you obviously benefit from the appreciation .
If taxes are managed appropriately , this is a great strategy for retirees that have very few sources of income in this ultra low interest rate environment .
I do this often and you can write deep OTM calls against shares you already own and generate @ @ @ @ @ @ @ kids on wallstreetbets are practically fighting among themselves to buy these deep OTM short expiry calls from you .
I wrote some calls this week expiring in January 2021 and would need a 40 % price appreciation to be exercised and I collected a 2.7 % premium on them .
These are manufactured dividends and I ’ m still a very pleased investor if I ’ m up 40 % in the next 5 months should the calls be exercised .
The problem with covered calls is to write 1 option contract you @ @ @ @ @ @ @ own a healthy amount of Alphabet , but I would need $ 150k in the stock just to write 1 option contract against these shares .
This is a great company but covered calls just are not an option for me .
A stock split solves this problem .
For investors that like to have diversification , some of these higher priced stocks keep you away from participating in this great strategy that I believe is even more attractive in this low rate environment .
When you own a stock , I think @ @ @ @ @ @ @ strategy .
If you own AMZN and decide you ’ ll sell at $ 4,000/share by the end of the year , why not just write a call with a strike at $ 4,000 and earn the option premium ?
You ’ re not going to get rich but these premiums add up over time .
If Amazon does a 10-for-1 stock split , instead of needing $ 310,000 to do covered calls , all you will need is $ 31,000 in it to implement this strategy .
I understand the direct impact @ @ @ @ @ @ @ in terms of creating value , but second and third order impacts will show that they do matter in some respects and covered call writers should applaud them when they occur .
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 .

by OhioBaseball
Covered calls are when you sell call options against the stock you already own and collect the income from the premium. If the underlying stock rallies above the strike price, you will lose on the call you wrote but if you own the underlying stock you obviously benefit from the appreciation. If taxes are managed appropriately, this is a great strategy for retirees that have very few sources of income in this ultra low interest rate environment. I do this often and you can write deep OTM calls against shares you already own and generate some surprisingly nice income yields. These kids on wallstreetbets are practically fighting among themselves to buy these deep OTM short expiry calls from you. I wrote some calls this week expiring in January 2021 and would need a 40% price appreciation to be exercised and I collected a 2.7% premium on them. These are manufactured dividends and I’m still a very pleased investor if I’m up 40% in the next 5 months should the calls be exercised.
The problem with covered calls is to write 1 option contract you need to own 100 shares. I own a healthy amount of Alphabet, but I would need $150k in the stock just to write 1 option contract against these shares. This is a great company but covered calls just are not an option for me. A stock split solves this problem. For investors that like to have diversification, some of these higher priced stocks keep you away from participating in this great strategy that I believe is even more attractive in this low rate environment.
We are primarily funded by readers. Please subscribe and donate to support us!
When you own a stock, I think it is smart to have an exit strategy. If you own AMZN and decide you’ll sell at $4,000/share by the end of the year, why not just write a call with a strike at $4,000 and earn the option premium? You’re not going to get rich but these premiums add up over time. If Amazon does a 10-for-1 stock split, instead of needing $310,000 to do covered calls, all you will need is $31,000 in it to implement this strategy.
I understand the direct impact that a stock split does not matter in terms of creating value, but second and third order impacts will show that they do matter in some respects and covered call writers should applaud them when they occur.
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--2020-08-14--Credit exhaustion: China’s M2 money supply seem to be hitting a wall.   During post 08’ crisis, cred

Credit exhaustion: China’s M2 money supply seem to be hitting a wall.   During post 08’ crisis, credit was growing 3x its current pace!

The US to China money supply ratio also remains near record lows .
That ’ s after the sharpest increase @ @ @ @ @ history .
Insane how much credit is in the Chinese economy today .
pic.twitter.com/7Vc5nL3ZSr

The US to China money supply ratio also remains near record lows.
That’s after the sharpest increase in US money supply in history.
Insane how much credit is in the Chinese economy today. pic.twitter.com/7Vc5nL3ZSr
— Otavio (Tavi) Costa (@TaviCosta) August 14, 2020


investmentwatchblog--2020-08-14--Science Based: The China Study

Science Based: The China Study

The China Study got a 48 % scientific accuracy rank from the non-biased Red Pen Reviews folk ( non-funded scientist reviews , sharp guys ) .
Check out the link .
Quick summary : We evaluated three key claims of The China Study : • Animal foods such as dairy and meat are a major cause of cancer , particularly due to the type of protein they contain .
• Animal foods are a major cause of cardiovascular disease .
The book received an overall scientific accuracy score of 1.9 , indicating that its scientific claims are not very well @ @ @ @ @ @ @ between the three claims we evaluated .
We found little compelling evidence to support the claim that animal protein in general causes cancer , somewhat more evidence to support the claim that animal foods contribute to cardiovascular disease , and fairly compelling evidence that a whole food , plant-based diet prevents and reverses cardiovascular disease .
Although one of the authors of The China Study , Campbell Sr. , was involved in generating much of the science that underlies the book ’ s claims , upon close inspection , we found that this @ @ @ @ @ @ @ book .
In particular , the large observational study in China the book is named after does not support the central claims of the book .
We confirmed this by consulting the original data at the University of Washington medical library and analyzing it with the help of a professional statistician , Karl Kaiyala , PhD .
In addition , The China Study omits important evidence that undermines its claim that animal protein but not plant protein increases cancer risk in rodents .
That said , there is fairly convincing evidence from randomized @ @ @ @ @ @ @ a whole food , plant-based diet reduces the risk of cardiovascular disease .
However , it remains unclear whether the observed effects are due to reducing intake of animal foods per se , vs. other diet changes like reducing intake of refined carbohydrates or greater fiber intake .
The China Study tends to accurately cite this evidence , but sometimes withholds important caveats about the weakness of certain study designs , including that the China Study itself uses a study design that can not yield confident conclusions about diet-health relationships .

by MKI
The China Study got a 48% scientific accuracy rank from the non-biased Red Pen Reviews folk (non-funded scientist reviews, sharp guys). Check out the link. Quick summary:
We evaluated three key claims of The China Study:
We are primarily funded by readers. Please subscribe and donate to support us!
Animal foods such as dairy and meat are a major cause of cancer, particularly due to the type of protein they contain. Animal foods are a major cause of cardiovascular disease. A whole food, plant-based diet prevents and reverses cardiovascular disease.
The book received an overall scientific accuracy score of 1.9, indicating that its scientific claims are not very well supported. However, this varied greatly between the three claims we evaluated. We found little compelling evidence to support the claim that animal protein in general causes cancer, somewhat more evidence to support the claim that animal foods contribute to cardiovascular disease, and fairly compelling evidence that a whole food, plant-based diet prevents and reverses cardiovascular disease.
Although one of the authors of The China Study, Campbell Sr., was involved in generating much of the science that underlies the book’s claims, upon close inspection, we found that this evidence was often represented inaccurately in the book. In particular, the large observational study in China the book is named after does not support the central claims of the book. We confirmed this by consulting the original data at the University of Washington medical library and analyzing it with the help of a professional statistician, Karl Kaiyala, PhD. In addition, The China Study omits important evidence that undermines its claim that animal protein but not plant protein increases cancer risk in rodents.
That said, there is fairly convincing evidence from randomized controlled trials and basic science research that a whole food, plant-based diet reduces the risk of cardiovascular disease. However, it remains unclear whether the observed effects are due to reducing intake of animal foods per se, vs. other diet changes like reducing intake of refined carbohydrates or greater fiber intake. The China Study tends to accurately cite this evidence, but sometimes withholds important caveats about the weakness of certain study designs, including that the China Study itself uses a study design that cannot yield confident conclusions about diet-health relationships.


investmentwatchblog--2020-08-14--Oregon State Police abandon Portland after local left-wing D.A. refuses to pursue criminal charges a

Oregon State Police abandon Portland after local left-wing D.A. refuses to pursue criminal charges against rioters who attack law enforcement

( Natural News ) BREAKING : Portland , Oregon now stands on the verge of collapse into total lawlessness and anarchy , all by design , as Oregon State Police are pulling out of the city following the decision of the local district attorney to drop nearly all charges against rioters who violently assault law enforcement officials .
Once again , a radical left-wing D.A .
is deliberately plunging their own city into chaos , abandoning their duty to uphold the rule of law for the protection of the innocent residents of that city .
In essence , Portland is @ @ @ @ @ @ @ lawless , left-wing violence that characterized the CHAZ / CHOP zone in Seattle , which was openly allowed to be taken over by criminal terrorists with the blessing of the Mayor of Seattle and the Governor of Washington ( both of whom must face arrest and prosecution for treason ) .
Portland , Oregon is about to become a Third World war zone run by violent terrorists and gangs .
This is what Democrats want , because they hate America .
“ Oregon State Police troopers are leaving Portland despite continued violence in @ @ @ @ @ @ @ ” reports The Epoch Times .
“ Capt .
Timothy Fox , a state police spokesman , told The Epoch Times that the decision stemmed from the district attorney overseeing Portland deciding not to pursue some criminal charges.
” “ The Oregon State Police is continually reassessing our resources and the needs of our partner agencies and , at this time , we are inclined to move those resources back to counties where prosecution of criminal conduct is still a priority , ” Fox said in an emailed statement late Thursday .
Law @ @ @ @ @ @ @ escaping Portland while they still can… COLLAPSE into anarchy now imminent Paraphrased , Capt .
Timothy Fox just told Portland officials that if they won ’ t even lift a finger to uphold the rule of law , the Oregon State Police aren ’ t going to keep risking the health and safety of their own officers to try to stop rioters and terrorists that appear to be fully supported by local Portland officials .
We are now witnessing the willful collapse of Portland into lawlessness and anarchy , all by design , @ @ @ @ @ @ @ Governor Brown , both of whom are criminal traitors engaged in acts of open insurrection against the United States of America .
If they will not uphold the law and the constitutional protections of “ equal justice ” under the law , they are guilty of dereliction of duty and should be arrested and prosecuted for their treasonous crimes against the people of Portland .
On the other hand , Portland is largely full of libtard leftists who voted for these so-called “ leaders , ” so they ’ re essentially getting exactly @ @ @ @ @ @ @ lawlessness , murder , violence , economic collapse and treason .
When you vote for Democrats who hate America , you shouldn ’ t be surprised when they use the power you gave them to destroy everything they can .
That ’ s their mission .
Portland property values will now collapse , and so will city property tax revenues and sales taxes There ’ s no doubt whatsoever that property values will now collapse in Portland as business owners and informed residents take every measure possible to flee the city before left-wing @ @ @ @ @ @ @ ground… probably while Ted Wheeler watches and applauds his new , twisted , “ progressivism.
” The term “ Democrat ” has now become synonymous with terrorism and stupidity , and we are watching Democrats all across America burn down their own cities , plunging them into anarchy by cutting police funding and refusing to prosecute street criminals .
These are all the same treasonous Democrats , remember , who also say no citizen should have a right to own a gun for self-protection .
So while the police flee the insanity , @ @ @ @ @ @ @ guns , the local Democrat politicians release violent criminals from the prisons and actually side with terrorists , rioters and arsonists as they burn their own cities to the ground .
Then they claim all the problems are “ Trump ’ s fault.
” At some point , watching all this , America must ask the obvious question : Is this what Democrats have in mind for the entire country if Joe Biden wins the election ?
Will they disband all police , release all violent criminals from the prisons , then declare @ @ @ @ @ @ @ refuse to allow their small business to be burned to the ground by Black Lives Matter rioters ?
Democrats have now crossed the line into the criminally insane , and no one is more criminal or insane than Kamala Harris , who we now know took bribes from church officials to cover up heinous sex abuse crimes committed by church leaders .
It turns out there ’ s nothing Kamala Harris won ’ t do for money and power , just like Newsom , Inslee , Brown , granny-murdering Cuomo and all the @ @ @ @ @ @ @ they ’ re hurting Trump by plunging their own local cities into anarchy and economic collapse .
These people are truly the enemies of America .
Maybe it ’ s time Trump officially designated them as such so that we could start cleaning them out and restoring sanity to our nation ’ s great cities .
Learn how to survive the coming global reset .
Download my free nine-hour audio book and printable transcript at GlobalReset.news See the trailer here :

by: Mike Adams
(Natural News) BREAKING: Portland, Oregon now stands on the verge of collapse into total lawlessness and anarchy, all by design, as Oregon State Police are pulling out of the city following the decision of the local district attorney to drop nearly all charges against rioters who violently assault law enforcement officials.
Once again, a radical left-wing D.A. is deliberately plunging their own city into chaos, abandoning their duty to uphold the rule of law for the protection of the innocent residents of that city.
In essence, Portland is now being plunged into the kind of lawless, left-wing violence that characterized the CHAZ / CHOP zone in Seattle, which was openly allowed to be taken over by criminal terrorists with the blessing of the Mayor of Seattle and the Governor of Washington (both of whom must face arrest and prosecution for treason).
Portland, Oregon is about to become a Third World war zone run by violent terrorists and gangs. This is what Democrats want, because they hate America.
“Oregon State Police troopers are leaving Portland despite continued violence in the state’s largest city,” reports The Epoch Times. “Capt. Timothy Fox, a state police spokesman, told The Epoch Times that the decision stemmed from the district attorney overseeing Portland deciding not to pursue some criminal charges.”
“The Oregon State Police is continually reassessing our resources and the needs of our partner agencies and, at this time, we are inclined to move those resources back to counties where prosecution of criminal conduct is still a priority,” Fox said in an emailed statement late Thursday.
Law enforcement has had enough; they are escaping Portland while they still can… COLLAPSE into anarchy now imminent
Paraphrased, Capt. Timothy Fox just told Portland officials that if they won’t even lift a finger to uphold the rule of law, the Oregon State Police aren’t going to keep risking the health and safety of their own officers to try to stop rioters and terrorists that appear to be fully supported by local Portland officials.
We are now witnessing the willful collapse of Portland into lawlessness and anarchy, all by design, with the complicity of Mayor Wheeler and Governor Brown, both of whom are criminal traitors engaged in acts of open insurrection against the United States of America.
If they will not uphold the law and the constitutional protections of “equal justice” under the law, they are guilty of dereliction of duty and should be arrested and prosecuted for their treasonous crimes against the people of Portland.
We are primarily funded by readers. Please subscribe and donate to support us!
On the other hand, Portland is largely full of libtard leftists who voted for these so-called “leaders,” so they’re essentially getting exactly what they voted for: CHAOS, lawlessness, murder, violence, economic collapse and treason. When you vote for Democrats who hate America, you shouldn’t be surprised when they use the power you gave them to destroy everything they can. That’s their mission.
Portland property values will now collapse, and so will city property tax revenues and sales taxes
There’s no doubt whatsoever that property values will now collapse in Portland as business owners and informed residents take every measure possible to flee the city before left-wing terrorists and rioters burn it to the ground… probably while Ted Wheeler watches and applauds his new, twisted, “progressivism.”
The term “Democrat” has now become synonymous with terrorism and stupidity, and we are watching Democrats all across America burn down their own cities, plunging them into anarchy by cutting police funding and refusing to prosecute street criminals.
These are all the same treasonous Democrats, remember, who also say no citizen should have a right to own a gun for self-protection. So while the police flee the insanity, and the citizens are banned from buying guns, the local Democrat politicians release violent criminals from the prisons and actually side with terrorists, rioters and arsonists as they burn their own cities to the ground. Then they claim all the problems are “Trump’s fault.”
At some point, watching all this, America must ask the obvious question: Is this what Democrats have in mind for the entire country if Joe Biden wins the election?
Will they disband all police, release all violent criminals from the prisons, then declare anyone a “racist” if they refuse to allow their small business to be burned to the ground by Black Lives Matter rioters?
Democrats have now crossed the line into the criminally insane, and no one is more criminal or insane than Kamala Harris, who we now know took bribes from church officials to cover up heinous sex abuse crimes committed by church leaders. It turns out there’s nothing Kamala Harris won’t do for money and power, just like Newsom, Inslee, Brown, granny-murdering Cuomo and all the other left-wing Democrat governors who somehow think they’re hurting Trump by plunging their own local cities into anarchy and economic collapse.
These people are truly the enemies of America. Maybe it’s time Trump officially designated them as such so that we could start cleaning them out and restoring sanity to our nation’s great cities.
Learn how to survive the coming global reset. Download my free nine-hour audio book and printable transcript at GlobalReset.news
See the trailer here:


investmentwatchblog--2020-08-14--Rates only go up from here, no negative

Rates only go up from here, no negative

The Federal Reserve is already funding > 50 % of new UST issuance .
They are becoming stuck in this @ @ @ @ @ interest overseas and demand is falling locally .
Rates only go up from here , @ @ @ @ @ steepens due to economic optimism and a flood of new bonds .
US 5s30s yield @ @ @ @ @ in more than a month after a disappointing 30y auction .
pic.twitter.com/gMVxckmGfF POWELL : We @ @ @ @ @ today 's wealth inequality , that stuff started over 40 years ago .
POWELL : @ @ @ @ @ Berkshire corporate bonds because companies need money right now .
They 're not even trying @ @ @ @

The Federal Reserve is already funding > 50% of new UST issuance. They are becoming stuck in this role as there is minimal interest overseas and demand is falling locally. Rates only go up from here, no negative
US yield curve steepens due to economic optimism and a flood of new bonds. US 5s30s yield spread is at the widest in more than a month after a disappointing 30y auction. pic.twitter.com/gMVxckmGfF
POWELL: We have nothing to do with today's wealth inequality, that stuff started over 40 years ago.
POWELL: We're buying Apple and Berkshire corporate bonds because companies need money right now.
They're not even trying to hide it.
— Brad Huston (@BradHuston) August 13, 2020


investmentwatchblog--2020-08-14--The Economy Will Not Return for Years

The Economy Will Not Return for Years

Marc feels , “ The economy is currently in a dead-cat bounce and that peak economic levels seen in 2018-2019 will not come back for a long-time… and by a long-time… years.
” Tom welcomes an always popular guest back to the program , Marc Faber .
Marc questions the belief that government and central banker actions create prosperity .
This may be true in the short-term , but it likely has very negative consequences in the long-term .
Governments are not very productive , and most things can be done far more efficiently in the private sector .
Marc @ @ @ @ @ @ @ socialist and communist systems of the world and how they are a disaster for personal and economic freedom .
He says , “ Socialism always brings less freedom and unpleasant rulers.
” The Fed finances the state , and today many people are earning more staying at home than actually working .
The government will undoubtedly have to institute further programs to support the populace .
The problem with rising assets is that it further increases wealth concentration .
This , in turn , increases social tensions , and this instability can cause @ @ @ @ @ @ @ ’ s vital for a society to due what is right and not do things like make the stock markets go up .
He discusses the changes that have occurred in South-East Asia to create prosperity , particularly over the last twenty years .
In terms of relative success , many Chinese are now as prosperous as Americans .
Also , China ’ s infrastructure is quite new and modern in comparison to other countries .
Time Stamp References : 1:10 – Recovery and risks .
2:40 – Long-term Fed Policy consequences .
@ @ @ @ @ @ @ more socialism .
11:10 – Money printing , asset prices , and unemployment .
14:50 – Contrasting China Vs. the West 24:10 – Investing where you have an edge .
31:00 – Expectations for gold and silver 36:43 – Book recommendations .

Marc Faber interviewed on Palisade Radio
Marc feels, “The economy is currently in a dead-cat bounce and that peak economic levels seen in 2018-2019 will not come back for a long-time… and by a long-time… years.”
Tom welcomes an always popular guest back to the program, Marc Faber.
Marc questions the belief that government and central banker actions create prosperity. This may be true in the short-term, but it likely has very negative consequences in the long-term. Governments are not very productive, and most things can be done far more efficiently in the private sector.
Marc discusses how he has seen firsthand the socialist and communist systems of the world and how they are a disaster for personal and economic freedom. He says, “Socialism always brings less freedom and unpleasant rulers.”
We are primarily funded by readers. Please subscribe and donate to support us!
The Fed finances the state, and today many people are earning more staying at home than actually working. The government will undoubtedly have to institute further programs to support the populace.
The problem with rising assets is that it further increases wealth concentration. This, in turn, increases social tensions, and this instability can cause further hardships for the populace. It’s vital for a society to due what is right and not do things like make the stock markets go up.
He discusses the changes that have occurred in South-East Asia to create prosperity, particularly over the last twenty years. In terms of relative success, many Chinese are now as prosperous as Americans. Also, China’s infrastructure is quite new and modern in comparison to other countries.
Time Stamp References:
1:10 – Recovery and risks.
2:40 – Long-term Fed Policy consequences.
8:20 – Fed paving the way for more socialism.
11:10 – Money printing, asset prices, and unemployment.
14:50 – Contrasting China Vs. the West
24:10 – Investing where you have an edge.
31:00 – Expectations for gold and silver
36:43 – Book recommendations.