investmentwatchblog--2020-08-06--Trump administration pays Sanofi and GSK $2.1 billion for coronavirus vaccine

( Natural News ) The Trump administration has agreed to pay Sanofi and GlaxoSmithKline up to $ 2.1 billion to develop and deliver 100 million doses of their experimental COVID-19 vaccine .
In a statement , the companies said that more than half of the $ 1.5 billion would be used to develop the vaccine , which will include clinical trials .
The rest will be for the manufacturing and delivery of the 100 million doses .
The majority of the funding will go to Sanofi as the group developed the vaccine candidate .
The vaccine will then be paired @ @ @ @ @ @ @ its effectiveness .
Under the agreement , the U.S. will have the option to order an additional 500 million doses .
The agreement is the administration ’ s latest undertaking under “ Operation Warp Speed , ” an initiative to deliver a certified COVID-19 vaccine by January 2021 .
The deal also brings total pledged to over $ 8.3 billion , the highest for any country or government , to date .
It ’ s worth noting that pharmaceutical companies often work with government support , allowing them to get paid even if @ @ @ @ @ @ @ of vaccines being assembled for Operation Warp Speed increases the odds that we will have at least one safe , effective vaccine as soon as the end of this year , ” added Secretary Alex Azar of the Department of Health and Human Services .
Clinical trials for the vaccine developed by Sanofi and GSK is expected to start in September .
Aside from Sanofi and GSK , other companies that have secured U.S. funding for vaccine development include Moderna , Pfizer , Johnson & Johnson and Novovax .
The World Health Organization @ @ @ @ @ @ @ clinical development , and 139 are in earlier-stage research .
( Related : “ We have a winner ” : Trump administration inks $ 1.95-billion coronavirus vaccine deal , forcing taxpayers to enrich evil pharma giants . )
The U.K. has also signed a similar deal with the two drugmakers last week , buying 60 million doses of the vaccine for an unspecified sum .
The European Commission , meanwhile , is also in talks to purchase 300 million doses of the vaccine , which it plans to stockpile for its member states @ @ @ @ @ @ @ for Brussels since healthcare matters are often left to individual member states .
Today ’ s step with Sanofi is a first important cornerstone of a much broader European vaccines strategy , ” said President Ursula von der Leyen in a statement .
She also added that the EU was in advanced discussion with other vaccine makers .
Public health experts , however , are concerned that the rush to secure vaccines can mean a longer wait for poorer countries , some of which are among the areas hit hardest by the pandemic @ @ @ @ @ @ @ the vaccines have yet to be proven in clinical trials , and telescoping testing times may even make the pandemic worse .
There ’ s also the concern that a fast-tracked vaccine means that it gets delivered to hundreds , even thousands , of people without a clear understanding of its side effects .
For instance , a vaccine with serious adverse event risk of one in 10,000 may look insignificant , but when administered to a billion people , it means that 100,000 are affected .
In May , the results of @ @ @ @ @ @ @ revealed that four out of 45 people experienced “ medically significant ” adverse events .
“ We won ’ t know about rare events until after the vaccine is licensed , ” explains Dr. Gregory Poland , director of vaccines research at the Mayo Clinic .
An adverse event that ’ s particularly concerning is antibody-dependent enhancement , wherein the vaccine makes the virus much more dangerous .
The condition has been seen in animal models infected with the original SARS virus .
The antibodies produced after vaccination aren ’ t enough to @ @ @ @ @ @ @ to the virus makes the infection worse .
There are now over 18 million coronavirus cases worldwide , and over 694,000 deaths , according to data from Johns Hopkins University .
Pandemic.news has more stories on the ongoing Wuhan coronavirus outbreaks .

by: Ralph Flores
(Natural News) The Trump administration has agreed to pay Sanofi and GlaxoSmithKline up to $2.1 billion to develop and deliver 100 million doses of their experimental COVID-19 vaccine. In a statement, the companies said that more than half of the $1.5 billion would be used to develop the vaccine, which will include clinical trials. The rest will be for the manufacturing and delivery of the 100 million doses.
The majority of the funding will go to Sanofi as the group developed the vaccine candidate. The vaccine will then be paired with GSK’s adjuvant to improve its effectiveness. Under the agreement, the U.S. will have the option to order an additional 500 million doses.
The agreement is the administration’s latest undertaking under “Operation Warp Speed,” an initiative to deliver a certified COVID-19 vaccine by January 2021. The deal also brings total pledged to over $8.3 billion, the highest for any country or government, to date. It’s worth noting that pharmaceutical companies often work with government support, allowing them to get paid even if the vaccine fails.
“The portfolio of vaccines being assembled for Operation Warp Speed increases the odds that we will have at least one safe, effective vaccine as soon as the end of this year,” added Secretary Alex Azar of the Department of Health and Human Services.
Clinical trials for the vaccine developed by Sanofi and GSK is expected to start in September.
Aside from Sanofi and GSK, other companies that have secured U.S. funding for vaccine development include Moderna, Pfizer, Johnson & Johnson and Novovax. The World Health Organization reports that 25 vaccines are already in clinical development, and 139 are in earlier-stage research. (Related: “We have a winner”: Trump administration inks $1.95-billion coronavirus vaccine deal, forcing taxpayers to enrich evil pharma giants.)
More countries join rush for vaccines
The U.K. has also signed a similar deal with the two drugmakers last week, buying 60 million doses of the vaccine for an unspecified sum. The European Commission, meanwhile, is also in talks to purchase 300 million doses of the vaccine, which it plans to stockpile for its member states. The coordinated move is a first for Brussels since healthcare matters are often left to individual member states.
Today’s step with Sanofi is a first important cornerstone of a much broader European vaccines strategy,” said President Ursula von der Leyen in a statement. She also added that the EU was in advanced discussion with other vaccine makers.
Public health experts, however, are concerned that the rush to secure vaccines can mean a longer wait for poorer countries, some of which are among the areas hit hardest by the pandemic. In addition, the efficacy of the vaccines have yet to be proven in clinical trials, and telescoping testing times may even make the pandemic worse.
We are primarily funded by readers. Please subscribe and donate to support us!
There’s also the concern that a fast-tracked vaccine means that it gets delivered to hundreds, even thousands, of people without a clear understanding of its side effects. For instance, a vaccine with serious adverse event risk of one in 10,000 may look insignificant, but when administered to a billion people, it means that 100,000 are affected. In May, the results of Moderna’s phase 1 vaccine trial revealed that four out of 45 people experienced “medically significant” adverse events.
“We won’t know about rare events until after the vaccine is licensed,” explains Dr. Gregory Poland, director of vaccines research at the Mayo Clinic.
An adverse event that’s particularly concerning is antibody-dependent enhancement, wherein the vaccine makes the virus much more dangerous. The condition has been seen in animal models infected with the original SARS virus. The antibodies produced after vaccination aren’t enough to neutralize the virus, so later exposure to the virus makes the infection worse.
There are now over 18 million coronavirus cases worldwide, and over 694,000 deaths, according to data from Johns Hopkins University.
Pandemic.news has more stories on the ongoing Wuhan coronavirus outbreaks.
Sources include:
FT.com
HHS.gov
CNBC.com
ChemistryWorld.com


investmentwatchblog--2020-08-06--Wirecard business partner reported dead in Philippines – Christopher Bauer was being investigated ov

Wirecard business partner reported dead in Philippines – Christopher Bauer was being investigated over the collapse of the German payments group

Wirecard business partner reported dead in Philippines Christopher Bauer was being investigated over the collapse of the German payments group @ @ @ @ @ the heels of the allegations that the Wirecard COO ran off with billions and was @ @ @ @ @ had connections to Russian mercenaries in North Africa and the Middle East : However… theres @ @ @ @ @ have your death faked in the Phillipines… www.telegraph.co.uk/travel/destinations/asia/philippines/articles/philippines-the-global-leader-for-faking-own-death/

by SuccessfulOperation
Wirecard business partner reported dead in Philippines
Christopher Bauer was being investigated over the collapse of the German payments group
www.ft.com/content/a22f372e-87bc-4cfd-8caf-052a98dc873f
This breaking news comes on the heels of the allegations that the Wirecard COO ran off with billions and was working with Russian intelligence and had connections to Russian mercenaries in North Africa and the Middle East:
www.ft.com/content/511ecf86-ab40-486c-8f76-b8ebda4cc669
We are primarily funded by readers. Please subscribe and donate to support us!
www.bellingcat.com/news/uk-and-europe/2020/07/18/worlds-most-wanted-man-jan-marsalek-located-in-belarus-data-points-to-russian-intel-links/
www.ft.com/content/3c122d1b-660f-40db-9ac2-e8d724ffd3fa
topsecretumbra.substack.com/p/exclusive-the-kremlin-espionage-mystery
However… theres rumors you can pay to have your death faked in the Phillipines… www.telegraph.co.uk/travel/destinations/asia/philippines/articles/philippines-the-global-leader-for-faking-own-death/


No “V.”

These pictures are worth thousands of words : Or expressed this way : How bad was it , relative to @ @ @ @ @ ?
Biggest drop in total US GDP on record !
Though there is clearly no @ @ @ @ @ economy , there has been a “ V ” in stocks ( though it appears @ @ @ @ @ out ) ; but how does this rocket rally compare to famous “ bear-market rallies @ @ @ @ @ in the end , and how long did those rallies endure before stocks fell even @ @ @ @ @ has climbed a steeper trajectory than others , but it has had FAR more Fed @ @ @ @ @ .
Yet , it has still not reached as high so far as some if @ @ @ @ @ expressed in today ’ s dollars and graphed for when they would have ended if @ @ @ @ @ did .

by David Haggith
These pictures are worth thousands of words:
Unemployment: No “V.”
Or expressed this way:
Still no “V.”
Workplace activity: No “V.”
Total business reopenings on Yelp: No “V.”
Percentage of all restaurants reopened for indoor dining: No “V.”
Consumer confidence: No “V.”
(Also, no wonder, given everything shown here.)
Consumer spending: No “V.”
Manufacturing: No “V.”
Bankruptcies: No “V.”
Tightening of consumer credit: No “V.”
Tightening of commercial credit: No “V.”
How bad was it, relative to economic decline in other recessions?
Big whoops. Not going to be a “V.”
GDP crash annualized:
Or not annualized:
Whoops just as big! Still not going to be a “V.”
Total GDP (as opposed to GDP “growth”):
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Biggest drop in total US GDP on record!
No “V!”
“V” for “victory” in stocks?
Well, hold on …
Though there is clearly no “V” in the economy, there has been a “V” in stocks (though it appears to be starting to sputter out); but how does this rocket rally compare to famous “bear-market rallies” that plunged even lower in the end, and how long did those rallies endure before stocks fell even lower?
This stock rally has climbed a steeper trajectory than others, but it has had FAR more Fed fuel than any in history. Yet, it has still not reached as high so far as some if the other big ones are expressed in today’s dollars and graphed for when they would have ended if they began when this one did.


investmentwatchblog--2020-08-06--Trump: Every time you see a negative Big Pharma commercial against me remember, it means your drug p

Trump: Every time you see a negative Big Pharma commercial against me remember, it means your drug prices are coming way down!

• The president is expected to sign the order during his trip to Ohio later Thursday , White House trade @ @ @ @ @ • The order will require the U.S. government to develop a list of essential medicines @ @ @ @ @ as medical supplies from U.S. companies instead of from foreign countries like China , Navarro @ @ @ @ @ will sign an executive order requiring the federal government to buy “ essential ” drugs @ @ @ @ @ House trade advisor Peter Navarro announced Thursday .
The president is expected to sign the @ @ @ @ @ American , ” during his trip to Ohio later Thursday , Navarro told reporters .
@ @ @ @ @ learned anything from the China virus pandemic , it is that we are dangerously overdependent @ @ @ @ @ essential medicines , for medical supplies like masks gloves , goggles and medical equipment like @ @ @

Every time you see a negative Big Pharma commercial against me remember, it means your drug prices are coming way down! — Donald J. Trump (@realDonaldTrump) August 5, 2020
The president is expected to sign the order during his trip to Ohio later Thursday, White House trade advisor Peter Navarro said.
The order will require the U.S. government to develop a list of essential medicines and buy them as well as medical supplies from U.S. companies instead of from foreign countries like China, Navarro said.
President Donald Trump will sign an executive order requiring the federal government to buy “essential” drugs from U.S. companies, White House trade advisor Peter Navarro announced Thursday.
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The president is expected to sign the order, called “buy American,” during his trip to Ohio later Thursday, Navarro told reporters. “If we’ve learned anything from the China virus pandemic, it is that we are dangerously overdependent on foreign nations for our essential medicines, for medical supplies like masks gloves, goggles and medical equipment like ventilators.”


investmentwatchblog--2020-08-06--Is the recent panic about dollar weakness overdone?

There ’ s a monthly chart of DXY over the past 5 years .
A few observations about the most @ @ @ @ @ : • We are not currently at the lowest value of DXY in the past @ @ @ @ @ current weakness is not the fastest or steepest drop in DXY in the most recent @ @ @ @ @ is everyone suddenly panicking about the death of the dollar ?
?
Full disclosure , @ @ @ @ @ is in gold and gold calls , so I ’ m happy to watch the @ @ @ @ @ But I want to question the “ US dollars=toilet paper ” thesis that seems to @ @ @ @ @ .
Disclaimer : This information is only for educational purposes .
Do not make any @ @ @ @ @ information in this article .
Do you own due diligence or consult your financial professional @ @ @ @ @ .

by Power80770M
There’s a monthly chart of DXY over the past 5 years. A few observations about the most recent period of dollar weakness:
• We are not currently at the lowest value of DXY in the past 5 years.
• The current weakness is not the fastest or steepest drop in DXY in the most recent 5 years.
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So why is everyone suddenly panicking about the death of the dollar??
Full disclosure, almost all of my money is in gold and gold calls, so I’m happy to watch the dollar continue to weaken. But I want to question the “US dollars=toilet paper” thesis that seems to be so popular right now.
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--2020-08-06--23 Year Old YouTube star Jake Paul’s home raided by FBI. He has 20.2M followers.

A federal search warrant was executed at the home of Jake Paul in Calabasas , CA .
The operation was @ @ @ @ @ YouTube celebrity ’ s residence in connection with an ongoing investigation , the FBI said @

A federal search warrant was executed at the home of Jake Paul in Calabasas, CA. The operation was carried out at the popular YouTube celebrity’s residence in connection with an ongoing investigation, the FBI said.
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investmentwatchblog--2020-08-06--Apple Stock Split Fuels Retail-Trader Bets on Further Gains

( Bloomberg ) — Apple Inc. ’ s planned stock split in the wake of the surge in its shares @ @ @ @ @ more bets on the company , according to TD Ameritrade Holding Corp .
Signals from @ @ @ @ @ enthusiasm for Apple , such as unusually high relative prices for upside bets , according @ @ @ @ @ Amy Wu Silverman .
Apple options are pricing in more upside risk versus downside than @ @ @ @ @ , despite the stock having almost doubled from its mid-March lows , Chris Murphy , @ @ @ @ @ Group LLLP , wrote in a note Monday .
Smaller traders have been a big @ @ @ @ @ recent months , according to Sundial Capital Research Inc .

finance.yahoo.com/news/apple-stock-split-fuels-retail-114730824.html
(Bloomberg) — Apple Inc.’s planned stock split in the wake of the surge in its shares and strong earnings is stirring more bets on the company, according to TD Ameritrade Holding Corp.
Signals from the options market are flashing enthusiasm for Apple, such as unusually high relative prices for upside bets, according to RBC Capital Markets strategist Amy Wu Silverman.
Apple options are pricing in more upside risk versus downside than at any time this year, despite the stock having almost doubled from its mid-March lows, Chris Murphy, derivatives strategist at Susquehanna Financial Group LLLP, wrote in a note Monday. Smaller traders have been a big portion of such bets in recent months, according to Sundial Capital Research Inc.


investmentwatchblog--2020-08-07--United States to ban China and China related tech

I posted this in the daily but thought you should know .
I wouldn ’ t short anything , Mnuchin is still alive .
But this seems pretty big and nobody is talking about it .
ensure untrusted People ’ s Republic of China ( PRC ) carriers are not connected with U.S. telecommunications networks remove untrusted applications from U.S. mobile app stores .
PRC apps threaten our privacy , proliferate viruses , and spread propaganda and disinformation prevent untrusted PRC smartphone manufacturers from pre-installing –or otherwise making available for download – trusted apps on their apps store .
Huawei @ @ @ @ @ @ @ state , is trading on the innovations and reputations of leading U.S. and foreign companies .
These companies should remove their apps from Huawei ’ s app store to ensure they are not partnering with a human rights abuser .
prevent U.S. citizens ’ most sensitive personal information and our businesses ’ most valuable intellectual property , including COVID-19 vaccine research , from being stored and processed on cloud-based systems accessible to our foreign adversaries through companies such as Alibaba , Baidu , and Tencent .
ensure the undersea cables connecting our country @ @ @ @ @ @ @ for intelligence gathering by the PRC at hyper scale .
United States calls on our allies and partners in government and industry around the world to join the growing tide to secure our data from the CCP ’ s surveillance state and other malign entities .
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 joswayski
Tencent and Bytedance are KILL 😉
www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-posed-wechat/
www.whitehouse.gov/presidential-actions/executive-order-addressing-threat-posed-tiktok/
——————————————————
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I posted this in the daily but thought you should know.
www.state.gov/announcing-the-expansion-of-the-clean-network-to-safeguard-americas-assets/
I wouldn’t short anything, Mnuchin is still alive. But this seems pretty big and nobody is talking about it.
ensure untrusted People’s Republic of China (PRC) carriers are not connected with U.S. telecommunications networks remove untrusted applications from U.S. mobile app stores. PRC apps threaten our privacy, proliferate viruses, and spread propaganda and disinformation prevent untrusted PRC smartphone manufacturers from pre-installing –or otherwise making available for download – trusted apps on their apps store. Huawei, an arm of the PRC surveillance state, is trading on the innovations and reputations of leading U.S. and foreign companies. These companies should remove their apps from Huawei’s app store to ensure they are not partnering with a human rights abuser. prevent U.S. citizens’ most sensitive personal information and our businesses’ most valuable intellectual property, including COVID-19 vaccine research, from being stored and processed on cloud-based systems accessible to our foreign adversaries through companies such as Alibaba, Baidu, and Tencent. ensure the undersea cables connecting our country to the global internet are not subverted for intelligence gathering by the PRC at hyper scale. United States calls on our allies and partners in government and industry around the world to join the growing tide to secure our data from the CCP’s surveillance state and other malign entities.
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--2020-08-07--If the “Market” Never Goes Down, The System Is Doomed

The reliance on “ good news ” narratives dooms our financial system and economy to a death spiral once reality breaks through the induced euphoria .
“ Markets ” that never go down aren ’ t markets , they ’ re signaling mechanisms of the Powers That Be .
Markets are fundamentally clearing houses of information on price , demand , sentiment , expectations and so on–factual data on supply and demand , shipping costs , cost of credit , etc.–and reflections of trader and consumer emotions and psychology .
If markets are never allowed to go down , the @ @ @ @ @ @ @ down .
Whatever information leaks out has been edited to fit the prevailing narrative , which in this moment is “ central banks will never let markets go down ever again , so jump in and ride the guaranteed Bull to easy gains.
” The past 12 years offer ample evidence for this narrative : every dip draws a near-instantaneous monetary-policy response that reverse the dip and gooses markets higher .
That permanent monetary intervention distorts markets doesn ’ t matter to participants .
Who cares if markets have become “ markets , @ @ @ @ @ @ @ now nothing but signaling mechanisms that all is well so buy , buy , buy ?
If gains are essentially guaranteed , who cares that markets are not longer information clearing houses ?
Indeed .
There ’ s no reason to care until the fatal spiral downward surprises us all .
Here ’ s an analogy of what happens when real information gets edited to fit a convenient narrative .
Unfortunately , the patient has cancer which is starting to metastasize , i.e .
spread to other organs in the body .
But @ @ @ @ @ @ @ information is considered “ bad news , ” so the test results and other information is carefully edited to show the cancer is actually shrinking–the exact opposite of what the actual facts reflect .
The patient is naturally delighted with this false data because it appears he ’ s on the mend and doesn ’ t need any surgery or other drastic treatments .
If participants don ’ t have information that reflects actual conditions , they can not help but make disastrous decisions .
Falsified or heavily edited information is misleading , @ @ @ @ @ @ @ assumption this information is accurate will be fatally skewed .
Symptoms of the fatal spread of the disease are masked by stimulants that not only mask the spread but give the patient a sense of euphoric power and supreme confidence .
Imagine the patient ’ s terrible dismay when symptoms break through the euphoria and he learns his cancer is now terminal .
Increasing the tragedy is his awareness that had the authorities in charge of his care given him the real-world data instead of the carefully edited “ happy story ” version @ @ @ @ @ @ @ might have extended his life .
Now those options have been lost forever .
That ’ s the situation in our economy and financial system .
The information cleared in markets has been suppressed , distorted and edited for 12 long years of permanent and ever-increasing monetary interventions , as the “ doses ” of intervention required to maintain the cocaine-like euphoria and supreme confidence in central bank manipulation of “ markets ” so they always signal the “ good news ” of guaranteed gains ratchets higher on every intrusion of reality .
@ @ @ @ @ @ @ narratives dooms our financial system and economy to a death spiral once reality breaks through the induced euphoria .
Our last chances to clear the financial cancers eating away at our economy are slipping away forever , masked by the “ market ’ s ” cocaine-like euphoria and supreme confidence in central-bank guaranteed gains .
If the stock market is never allowed to go down , this is the equivalent of telling the cancer-riddled patient that their cancer has disappeared , even as the disease is leading inexorably to the patient ’ s @ @ @ @ @ @ @ the disconnect between the Markets and the Economy ( 51 min ) Audiobook edition now available : Will You Be Richer or Poorer ?
: Profit , Power , and AI in a Traumatized World ( $ 13 ) ( Kindle $ 6.95 , print $ 11.95 ) Read the first section for free ( PDF ) .
Pathfinding our Destiny : Preventing the Final Fall of Our Democratic Republic ( $ 6.95 ( Kindle ) , $ 12 ( print ) , $ 13.08 ( audiobook ) : Read the first section @ @ @ @ @ @ @ Adventures of the Consulting Philosopher : The Disappearance of Drake $ 1.29 ( Kindle ) , $ 8.95 ( print ) ; read the first chapters for free ( PDF ) Money and Work Unchained $ 6.95 ( Kindle ) , $ 15 ( print ) Read the first section for free ( PDF ) .
If you found value in this content , please join me in seeking solutions by becoming a $ 1/month patron of my work via patreon.com .

by Charles Hugh-Smith
The reliance on “good news” narratives dooms our financial system and economy to a death spiral once reality breaks through the induced euphoria.
“Markets” that never go down aren’t markets, they’re signaling mechanisms of the Powers That Be. Markets are fundamentally clearing houses of information on price, demand, sentiment, expectations and so on–factual data on supply and demand, shipping costs, cost of credit, etc.–and reflections of trader and consumer emotions and psychology.
If markets are never allowed to go down, the information clearing house has been effectively shut down. Whatever information leaks out has been edited to fit the prevailing narrative, which in this moment is “central banks will never let markets go down ever again, so jump in and ride the guaranteed Bull to easy gains.”
The past 12 years offer ample evidence for this narrative: every dip draws a near-instantaneous monetary-policy response that reverse the dip and gooses markets higher.
That permanent monetary intervention distorts markets doesn’t matter to participants. Who cares if markets have become “markets,” simulacra of real markets that are now nothing but signaling mechanisms that all is well so buy, buy, buy? If gains are essentially guaranteed, who cares that markets are not longer information clearing houses?
Indeed. There’s no reason to care until the fatal spiral downward surprises us all. Here’s an analogy of what happens when real information gets edited to fit a convenient narrative.
Unfortunately, the patient has cancer which is starting to metastasize, i.e. spread to other organs in the body. But unbeknownst to the patient, this accurate information is considered “bad news,” so the test results and other information is carefully edited to show the cancer is actually shrinking–the exact opposite of what the actual facts reflect.
The patient is naturally delighted with this false data because it appears he’s on the mend and doesn’t need any surgery or other drastic treatments.
If participants don’t have information that reflects actual conditions, they cannot help but make disastrous decisions. Falsified or heavily edited information is misleading, and so all decisions made on the assumption this information is accurate will be fatally skewed.
Symptoms of the fatal spread of the disease are masked by stimulants that not only mask the spread but give the patient a sense of euphoric power and supreme confidence.
Imagine the patient’s terrible dismay when symptoms break through the euphoria and he learns his cancer is now terminal. Increasing the tragedy is his awareness that had the authorities in charge of his care given him the real-world data instead of the carefully edited “happy story” version, treatments could have been undertaken that might have extended his life. Now those options have been lost forever.
That’s the situation in our economy and financial system. The information cleared in markets has been suppressed, distorted and edited for 12 long years of permanent and ever-increasing monetary interventions, as the “doses” of intervention required to maintain the cocaine-like euphoria and supreme confidence in central bank manipulation of “markets” so they always signal the “good news” of guaranteed gains ratchets higher on every intrusion of reality.
We are primarily funded by readers. Please subscribe and donate to support us!
The reliance on “good news” narratives dooms our financial system and economy to a death spiral once reality breaks through the induced euphoria. Our last chances to clear the financial cancers eating away at our economy are slipping away forever, masked by the “market’s” cocaine-like euphoria and supreme confidence in central-bank guaranteed gains.
If the stock market is never allowed to go down, this is the equivalent of telling the cancer-riddled patient that their cancer has disappeared, even as the disease is leading inexorably to the patient’s needless demise.
Recent Podcasts:
AxisOfEasy Salon #15: Toxic Tech Platforms and Disposable Social Media Stars
Charles Hugh Smith on the disconnect between the Markets and the Economy (51 min)
My COVID-19 Pandemic Posts
My recent books:
Audiobook edition now available:
Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World ($13)
(Kindle $6.95, print $11.95) Read the first section for free (PDF).
Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic ($6.95 (Kindle), $12 (print), $13.08 ( audiobook): Read the first section for free (PDF).
The Adventures of the Consulting Philosopher: The Disappearance of Drake $1.29 (Kindle), $8.95 (print); read the first chapters for free (PDF)
Money and Work Unchained $6.95 (Kindle), $15 (print) Read the first section for free (PDF).
If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.


investmentwatchblog--2020-08-07--Enjoy The Month Of August And Use It To Prepare, Because September Is Coming…

2020 has definitely been a chaotic year so far .
The COVID-19 pandemic has greatly disrupted life all over the planet , we have witnessed a horrific economic downturn , and civil unrest has been raging in major U.S. cities for months .
But the good news is that we appear to have hit a pocket of relative calm here in August .
Yes , global events are still going crazy , and the bizarre explosion that we just witnessed in Beirut is just one example .
But compared to what we experienced during the first half of 2020 and @ @ @ @ @ @ @ the last portion of this year , I believe that August should be relatively peaceful .
I would encourage everyone to enjoy this month as much as possible and to use it to prepare for what is ahead , because September is just around the corner .
Of course many Americans can ’ t imagine things getting much worse than they are right now .
Gallup regularly asks Americans whether they are “ satisfied ” with the direction of the country or not , and what they have discovered is that the mood @ @ @ @ @ @ @ February , and this has especially been true among Republicans… A poll by Gallup released Wednesday shows that the percentage of Republicans who say they are “ satisfied ” with the direction the country is heading has fallen by 60 points since February , when the pandemic began spreading rapidly across the U.S. “ The plunge in the U.S. mood , both in the past month and since February , is mostly occurring among Republicans .
Republicans ’ satisfaction today ( 20 % ) is about half what it was a month ago @ @ @ @ @ @ @ points since February , after the Senate acquitted President Donald Trump in his impeachment trial .
The current figure is easily the lowest for Republicans during the Trump administration , with their prior low being 38 % in October 2017 , ” Gallup said on its website .
I was quite stunned when I first saw the graphic that Gallup posted on Twitter which shows how much the numbers have changed over the course of 2020 .
I have never seen anything like this , and a presidential election is less than 3 @ @ @ @ @ @ @ this election season has been relatively subdued so far , but I definitely expect that things will start to get crazy starting in September .
Many on the left have been anticipating a blowout victory by Joe Biden , but the polls have started to tighten , and Biden ’ s physical condition has been rapidly deteriorating .
To be honest , we don ’ t even know if it will be Joe Biden taking on Trump in November , and we certainly do not know who is going to win .
In @ @ @ @ @ @ @ prominent Republicans and prominent Democrats recently held “ war games ” to try to simulate the outcome of the election , and what those “ war games ” showed was quite disconcerting… That doesn ’ t sound good at all .
But I actually agree with that assessment .
I believe that this will be the most chaotic election period in modern U.S. history , and I believe that much more civil unrest is ahead .
In particular , I believe that a Donald Trump victory in November or a contested result that @ @ @ @ @ @ @ could set off a national temper tantrum that would be absolutely unprecedented .
Sadly , we won ’ t have to wait until November for chaos in the streets .
Riots are happening on a nightly basis in Portland and other cities right now , and I expect political turmoil to really start escalating next month .
Meanwhile , experts are warning of a “ second wave ” of the COVID-19 pandemic in the fall… If you look at the numbers from around the world , you will notice that COVID-19 has been @ @ @ @ @ @ @ South Africa , Peru , Chile , Colombia and Argentina .
All of those nations are currently in the middle of winter because they are in the southern hemisphere , and this could be an indication that we will see seasonal waves of COVID-19 just like we see seasonal waves of the flu .
During the summer , we spend a lot more time in the sun and so our bodies produce higher levels of Vitamin D. But in the winter we all tend to stay inside most of the day , and @ @ @ @ @ @ @ Vitamin D. As a result , we tend to get sick a lot more .
So keep an eye on the COVID-19 numbers as the weather starts to get colder .
If they really start to spike as we get close to winter , that could be an important warning sign .
Meanwhile , the U.S. economy continues to deteriorate at a rapid pace .
More than 55 million Americans have filed new claims for unemployment benefits over the past 20 weeks , and the $ 600 weekly supplements that unemployed workers were @ @ @ @ @ @ @ off .
If Congress does not approve a new round of emergency benefits quickly , that will be another factor which will help to fuel discontent all over the nation .
The period of time that we have entered has been described as “ a perfect storm ” , and as I have detailed previously , quite a few prominent voices have been specifically pointing to the month of September as a major turning point .
Of course the craziness will also continue throughout the rest of 2020 and into 2021 as well @ @ @ @ @ @ @ see things happen that most Americans would not even want to imagine right now .
Keep a close eye on Joe Biden .
The extent to which he has physically and mentally deteriorated is a huge red flag , and some experts are even suggesting that he might not even make it to election day .
But even if he does make it to November and he wins , there is a very good possibility that whoever he selects as his running mate will have to take over during his first term .
@ @ @ @ @ @ @ this will be the strangest election season that any of us have ever seen , and I fully expect the craziness to begin next month .

by Michael Snyder
2020 has definitely been a chaotic year so far. The COVID-19 pandemic has greatly disrupted life all over the planet, we have witnessed a horrific economic downturn, and civil unrest has been raging in major U.S. cities for months. But the good news is that we appear to have hit a pocket of relative calm here in August. Yes, global events are still going crazy, and the bizarre explosion that we just witnessed in Beirut is just one example. But compared to what we experienced during the first half of 2020 and compared to what we will experience during the last portion of this year, I believe that August should be relatively peaceful. I would encourage everyone to enjoy this month as much as possible and to use it to prepare for what is ahead, because September is just around the corner.
Of course many Americans can’t imagine things getting much worse than they are right now. Gallup regularly asks Americans whether they are “satisfied” with the direction of the country or not, and what they have discovered is that the mood of the country has shifted dramatically since February, and this has especially been true among Republicans…
A poll by Gallup released Wednesday shows that the percentage of Republicans who say they are “satisfied” with the direction the country is heading has fallen by 60 points since February, when the pandemic began spreading rapidly across the U.S. “The plunge in the U.S. mood, both in the past month and since February, is mostly occurring among Republicans. Republicans’ satisfaction today (20%) is about half what it was a month ago (39%) and down 60 points since February, after the Senate acquitted President Donald Trump in his impeachment trial. The current figure is easily the lowest for Republicans during the Trump administration, with their prior low being 38% in October 2017,” Gallup said on its website.
GOP satisfaction with the way things are going in the country has plunged, per Gallup: t.co/CbYcJe7ofw pic.twitter.com/1HloIRBO2V — Conor Sen (@conorsen) August 5, 2020
I was quite stunned when I first saw the graphic that Gallup posted on Twitter which shows how much the numbers have changed over the course of 2020.
I have never seen anything like this, and a presidential election is less than 3 months away.
Because of COVID-19, this election season has been relatively subdued so far, but I definitely expect that things will start to get crazy starting in September.
Many on the left have been anticipating a blowout victory by Joe Biden, but the polls have started to tighten, and Biden’s physical condition has been rapidly deteriorating.
To be honest, we don’t even know if it will be Joe Biden taking on Trump in November, and we certainly do not know who is going to win.
In fact, a group that included both prominent Republicans and prominent Democrats recently held “war games” to try to simulate the outcome of the election, and what those “war games” showed was quite disconcerting…
After gaming out various scenarios, the group said its conclusions were “alarming:” In an election taking place amid a pandemic, a recession and rising political polarization, the group found a substantial risk of legal battles, a contested outcome, violent street clashes and even a constitutional impasse. “We assess with a high degree of likelihood that November’s elections will be marked by a chaotic legal and political landscape,” the Transition Integrity Project, which organized the “war games,” said in a report this week.
That doesn’t sound good at all.
But I actually agree with that assessment. I believe that this will be the most chaotic election period in modern U.S. history, and I believe that much more civil unrest is ahead.
In particular, I believe that a Donald Trump victory in November or a contested result that is decided by a long legal battle could set off a national temper tantrum that would be absolutely unprecedented.
We are primarily funded by readers. Please subscribe and donate to support us!
Sadly, we won’t have to wait until November for chaos in the streets. Riots are happening on a nightly basis in Portland and other cities right now, and I expect political turmoil to really start escalating next month.
Meanwhile, experts are warning of a “second wave” of the COVID-19 pandemic in the fall…
Even though the first wave of COVID-19 cases is still happening, health experts warn that once the weather gets cooler in the fall, a second wave of cases is likely to arrive. And if the wave coincides with the start of flu season, it would put an enormous strain on doctors and their practices. That’s why practices should start preparing now.
If you look at the numbers from around the world, you will notice that COVID-19 has been exploding lately in countries like Brazil, South Africa, Peru, Chile, Colombia and Argentina.
All of those nations are currently in the middle of winter because they are in the southern hemisphere, and this could be an indication that we will see seasonal waves of COVID-19 just like we see seasonal waves of the flu.
During the summer, we spend a lot more time in the sun and so our bodies produce higher levels of Vitamin D. But in the winter we all tend to stay inside most of the day, and so our bodies produce a lot less Vitamin D. As a result, we tend to get sick a lot more.
So keep an eye on the COVID-19 numbers as the weather starts to get colder. If they really start to spike as we get close to winter, that could be an important warning sign.
Meanwhile, the U.S. economy continues to deteriorate at a rapid pace. More than 55 million Americans have filed new claims for unemployment benefits over the past 20 weeks, and the $600 weekly supplements that unemployed workers were receiving during this pandemic just got cut off. If Congress does not approve a new round of emergency benefits quickly, that will be another factor which will help to fuel discontent all over the nation.
The period of time that we have entered has been described as “a perfect storm”, and as I have detailed previously, quite a few prominent voices have been specifically pointing to the month of September as a major turning point.
Of course the craziness will also continue throughout the rest of 2020 and into 2021 as well. And beyond that, we will see things happen that most Americans would not even want to imagine right now.
Keep a close eye on Joe Biden. The extent to which he has physically and mentally deteriorated is a huge red flag, and some experts are even suggesting that he might not even make it to election day.
But even if he does make it to November and he wins, there is a very good possibility that whoever he selects as his running mate will have to take over during his first term.
In any event, I believe that this will be the strangest election season that any of us have ever seen, and I fully expect the craziness to begin next month.


investmentwatchblog--2020-08-07--The Economic Depression Of 2020 Is Becoming An Endless Nightmare For Millions Of Americans

You may have noticed that a lot of people get offended by what I write .
It is not something that I am purposely setting out to do , and I actually endeavor to get along with everyone as much as I can .
But it is undeniable that my articles about our ongoing economic collapse directly contradict a lot of the narratives that are constantly being pushed by the mainstream media and many of our political , business and religious leaders .
There are so many people out there that want to believe that the future is going to @ @ @ @ @ @ @ 2020 has been a horrific economic catastrophe so far , there are a lot of optimists that believe that it is just a temporary blip on the road to tremendous prosperity .
It would actually be wonderful if they were right .
At this point , everyone should be able to clearly see that we have entered a new economic depression .
And I wish that I could tell you that a “ recovery ” was right around the corner , but I can ’ t .
On Thursday , we got yet @ @ @ @ @ @ @ for the long haul .
According to the Labor Department , approximately 1.2 million Americans filed new claims for unemployment benefits last week… Initially , I thought that this was good news .
1.2 million is still a catastrophic number , but at least it appeared to be an improvement over last week ’ s level of 1.4 million .
Unfortunately , there is more to the story .
As Wolf Richter has pointed out , when you look at the unadjusted numbers and you include all state and federal programs , the @ @ @ @ @ @ @ a whopping 1.3 million last week… That would seem to indicate that unemployment is dramatically surging , and that is really bad news for an economy that is already deeply suffering .
Overall , more than 55 million Americans have now filed initial claims for unemployment benefits over the past 20 weeks .
That is a number that should be almost theoretically impossible , but this is actually happening .
Prior to this year , the all-time record for new unemployment claims in a single week was just 695,000 , and now we @ @ @ @ @ @ @ consecutive weeks .
Up until recently , a weekly $ 600 unemployment supplement from the federal government had been helping tens of millions of unemployed Americans pay their bills , but now that supplement has expired and Congress has not yet agreed to another one .
As a result , the economic suffering of countless American families just got a whole lot deeper… Over the past couple of months , I have been hearing from a lot of people that believe that all of those unemployed workers should just get off their couches @ @ @ @ @ @ @ wish that it was that easy .
Good jobs are becoming increasingly scarce , and the competition for those jobs is only going to get more fierce because a “ second wave of layoffs ” has now begun .
The following comes from Fox Business… I know that I included that quote in yesterday ’ s article , but I wanted to share it again because it is so important for people to understand what is really going on out there .
Millions of jobs that were lost in the first wave of @ @ @ @ @ @ @ now millions of jobs that actually came back are being lost again .
In other words , instead of witnessing a “ recovery ” we are witnessing an “ unraveling ” .
I know that a lot of people don ’ t like when I talk like this .
But I am not here to make you feel good .
I am here to tell you the truth .
We are in the midst of an economic nightmare , and even Bloomberg is admitting that conditions in the U.S. are becoming a lot @ @ @ @ @ @ @ are shutting down , more workers are being laid off and more dreams are being shattered .
The consequences of literally decades of incredibly foolish decisions are catching up with our nation , and this economic depression will ultimately get a whole lot worse .
So instead of sticking your head in the sand and hanging on to the delusion that everything is going to be just fine somehow , I would very much encourage you to work very hard to get prepared for the nightmarish years that are ahead of us .

by Michael Snyder
You may have noticed that a lot of people get offended by what I write. It is not something that I am purposely setting out to do, and I actually endeavor to get along with everyone as much as I can. But it is undeniable that my articles about our ongoing economic collapse directly contradict a lot of the narratives that are constantly being pushed by the mainstream media and many of our political, business and religious leaders. There are so many people out there that want to believe that the future is going to be exceedingly bright, and even though 2020 has been a horrific economic catastrophe so far, there are a lot of optimists that believe that it is just a temporary blip on the road to tremendous prosperity.
It would actually be wonderful if they were right.
But they aren’t.
At this point, everyone should be able to clearly see that we have entered a new economic depression. And I wish that I could tell you that a “recovery” was right around the corner, but I can’t.
On Thursday, we got yet another sign that this downturn is here for the long haul. According to the Labor Department, approximately 1.2 million Americans filed new claims for unemployment benefits last week…
Four months after the COVID-19 pandemic largely shut down the economy and left millions of Americans out of work, employers continue to lay off workers at a historic pace. About 1.2 million people last week filed initial applications for unemployment insurance – a rough measure of layoffs – the Labor Department said Thursday, down substantially from 1.4 million the previous week and the lowest level since March.
Initially, I thought that this was good news.
1.2 million is still a catastrophic number, but at least it appeared to be an improvement over last week’s level of 1.4 million.
Unfortunately, there is more to the story.
As Wolf Richter has pointed out, when you look at the unadjusted numbers and you include all state and federal programs, the number of continuing unemployment claims increased by a whopping 1.3 million last week…
The total number of people who continued to claim unemployment insurance under all state and federal unemployment programs jumped by 1.3 million from the prior week to 32.12 million (not seasonally adjusted), the Department of Labor reported this morning. It was the second highest ever.
That would seem to indicate that unemployment is dramatically surging, and that is really bad news for an economy that is already deeply suffering.
Overall, more than 55 million Americans have now filed initial claims for unemployment benefits over the past 20 weeks. That is a number that should be almost theoretically impossible, but this is actually happening.
Prior to this year, the all-time record for new unemployment claims in a single week was just 695,000, and now we have been above a million for 20 consecutive weeks.
We are primarily funded by readers. Please subscribe and donate to support us!
Up until recently, a weekly $600 unemployment supplement from the federal government had been helping tens of millions of unemployed Americans pay their bills, but now that supplement has expired and Congress has not yet agreed to another one.
As a result, the economic suffering of countless American families just got a whole lot deeper…
An unemployed makeup artist with two toddlers and a disabled husband needs help with food and rent. A hotel manager says his unemployment has deepened his anxiety and kept him awake at night. A dental hygienist, pregnant with her second child, is struggling to afford diapers and formula. Around the country, across industries and occupations, millions of Americans thrown out of work because of the coronavirus are straining to afford the basics now that an extra $600 a week in federal unemployment benefits has expired.
Over the past couple of months, I have been hearing from a lot of people that believe that all of those unemployed workers should just get off their couches and go get new jobs.
I wish that it was that easy. Good jobs are becoming increasingly scarce, and the competition for those jobs is only going to get more fierce because a “second wave of layoffs” has now begun. The following comes from Fox Business…
A second wave of layoffs is hitting American workers during a surge in coronavirus cases nationwide, and a Congressional stalemate over stimulus relief, according to a new survey by Cornell University and RIWI. The researchers conducted the survey between July 23 and Aug. 1, and found that 31% of workers who had been placed back on payrolls after initially being laid off have now been laid off for a second time. Additionally, 26% of rehired workers say they’ve been told that they may be laid off again.
I know that I included that quote in yesterday’s article, but I wanted to share it again because it is so important for people to understand what is really going on out there.
Millions of jobs that were lost in the first wave of layoffs are never coming back, and now millions of jobs that actually came back are being lost again.
In other words, instead of witnessing a “recovery” we are witnessing an “unraveling”.
I know that a lot of people don’t like when I talk like this.
But I am not here to make you feel good. I am here to tell you the truth.
We are in the midst of an economic nightmare, and even Bloomberg is admitting that conditions in the U.S. are becoming a lot more miserable…
The US is projected to undergo the biggest increase in economic misery across 60 countries as the nation grapples with heightened unemployment and fresh coronavirus hotspots. Bloomberg’s Misery Index, which ranks major economies by inflation and unemployment expectations, shows the country sinking to rank 25 from rank 50 in 2020. Venezuela, Argentina, and South Africa held their spots as the world’s most miserable economies.
And every day more businesses are shutting down, more workers are being laid off and more dreams are being shattered.
The consequences of literally decades of incredibly foolish decisions are catching up with our nation, and this economic depression will ultimately get a whole lot worse.
So instead of sticking your head in the sand and hanging on to the delusion that everything is going to be just fine somehow, I would very much encourage you to work very hard to get prepared for the nightmarish years that are ahead of us.


investmentwatchblog--2020-08-07--NOTHING TO SEE HERE: NYT discreetly deletes Chinese-funded propaganda advertorials.

The New York Times discreetly scrubbed its publication free of advertisement articles funded by the Chinese Communist Party , the @ @ @ @ @ .
Dating back to 2016 , the NYT received more than $ 100,000 per month @ @ @ @ @ according to China Daily filings requested by the U.S. Justice Department earlier this year .
@ @ @ @ @ $ 50,000 in 2018 to put additional Chinese propaganda on its website .
The NYT @ @ @ @ @ advertorials over the last 10 years , many of which downplayed the Chinese Communist Party @ @ @ @ @ .
While collecting millions through paid advertisements , the publication was also creating regular stories @ @ @ @ @

The New York Times discreetly scrubbed its publication free of advertisement articles funded by the Chinese Communist Party, the Washington Free Beacon reported Tuesday.
Dating back to 2016, the NYT received more than $100,000 per month to print Chinese propaganda, according to China Daily filings requested by the U.S. Justice Department earlier this year. The NYT was also paid $50,000 in 2018 to put additional Chinese propaganda on its website.
The NYT has run more than 200 advertorials over the last 10 years, many of which downplayed the Chinese Communist Party’s human rights abuses. While collecting millions through paid advertisements, the publication was also creating regular stories detailing oppression by China.


investmentwatchblog--2020-08-07--NY Lawyers face 35 years for firebombing police cars in BLM protest

A terribly sad story .
Two young and idealistic lawyers , get wrapped up in the BLM protest movement .
@ @ @ @ @ they throw a Molotov cocktail into an abandoned police car and burn it .
Now @ @ @ @ @ years in a federal prison .
t.co/o8aRqjOSwY

A terribly sad story. Two young and idealistic lawyers, get wrapped up in the BLM protest movement. In a moment of madness they throw a Molotov cocktail into an abandoned police car and burn it. Now they face a minimum 35 years in a federal prison. t.co/o8aRqjOSwY
— Richard Spoor (@Richard_Spoor) August 5, 2020


investmentwatchblog--2020-08-07--MASSIVE Reset: Dollar Faces Imminent COLLAPSE! Will Gold & Silver Come Out On Top?

by Josh Sigurdson with Lior Gantz via World Alternative Media Josh Sigurdson talks with Lior Gantz of Wealth Research Group @ @ @ @ @ the dollar as big institutional investors flood into gold , silver and cryptocurrencies .
Lior @ @ @ @ @ the years when it comes to calling market ups and downs .
As Lior explains @ @ @ @ @ game .
This is absolutely huge .
We have never seen anything quite like this @ @ @ @ @ ve never seen anything even close to this in world history and we should expect @ @ @ @ @ a full recovery if we ever do see one .
Will we see a blue @ @ @ @ @ continue ?
How will pensions be affected ?
We will continue to cover these issues @ @ @ @ @ more from WAM !

by Josh Sigurdson with Lior Gantz via World Alternative Media
Josh Sigurdson talks with Lior Gantz of Wealth Research Group about the imminent collapse of the dollar as big institutional investors flood into gold, silver and cryptocurrencies.
Lior has been incredibly accurate over the years when it comes to calling market ups and downs. As Lior explains, this is the end game. This is absolutely huge. We have never seen anything quite like this. In fact we’ve never seen anything even close to this in world history and we should expect many years before we see a full recovery if we ever do see one.
We are primarily funded by readers. Please subscribe and donate to support us!
Will we see a blue wave? Will the lockdowns continue? How will pensions be affected?
We will continue to cover these issues closely. Stay tuned for more from WAM!


investmentwatchblog--2020-08-07--Former Senate President of Haiti, Bernard Sansaricq, DEMANDS Full Audit by POTUS of the BILLIONS tak

Former Senate President of Haiti, Bernard Sansaricq, DEMANDS Full Audit by POTUS of the BILLIONS taken in by #ClintonFoundation for #Haiti which ALL WAS STOLEN by them but for a mere 2%

# Breaking # BreakingNews Former Senate President of # Haiti , Bernard Sansaricq , DEMANDS Full Audit by @ realDonaldTrump @ @ @ @ @ by # ClintonFoundation for # Haiti which ALL WAS STOLEN by them but for a @ @ @ @ @ taken in , & Demands Criminal Charges for Fraud .
pic.twitter.com/aEuTmGm7Tu

#Breaking #BreakingNews
Former Senate President of #Haiti, Bernard Sansaricq,
DEMANDS Full Audit by @realDonaldTrump of the BILLIONS taken in by #ClintonFoundation for #Haiti which ALL WAS STOLEN by them but for a mere 2% of funds taken in, & Demands Criminal Charges for Fraud. pic.twitter.com/aEuTmGm7Tu
— Alpha OmegaEnergy (@AOECOIN) August 5, 2020


investmentwatchblog--2020-08-07--Honey, I destroyed cultural heritage | Tourist breaks toe of 19th Century Canova sculpture

If you think that people that pose for a photo next to Pisa Tower look silly – think twice , @ @ @ @ @ the worst shot possible .
The man rests up against the statue while posing for @ @ @ @ @ appears to look back on the statue notice the damage done to it… just to @ @ @ @ @ ‘ crime ’ scene .

If you think that people that pose for a photo next to Pisa Tower look silly – think twice, because this Austrian gentleman took the worst shot possible. The man rests up against the statue while posing for a photo, and then appears to look back on the statue notice the damage done to it… just to casually walk away from the ‘crime’ scene.
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investmentwatchblog--2020-08-07--Could Gold Reach $7,000 Per Ounce by 2030?

This bull market can be more positive than the previous one both for gold and the mining stocks .
In the last edition of the Fundamental Gold Report , I analyzed various WGC ’ s reports on the gold market .
Today , I will focus on the issues of Alchemist – the flagship publication of the London Bullion Market Associations – I was unable to discuss during the most acute phase of the pandemic and the following economic crisis .
I ’ ll start with the article “ Is there a place of Gold Equities in a Gold Allocation @ @ @ @ @ @ @ no .
96 .
The Author poses title question because gold equities performed poorly relative to the gold prices over the last 10 or even 20 years , and “ investors would have been better served staying well away.
” Indeed , while the gold price is up more than 250 percent since 2005 , the HUI Gold Index is just about 20 percent higher .
Wow , it was a harsh criticism !
But justified given the fact that although in theory mining stocks provide a leveraged way to own exposure to @ @ @ @ @ @ @ many miners lag behind the physical market .
This is why I always warn investors that investing in gold shares is very demanding , as mining stocks are not a perfect play on gold or other metals .
In other words , investing in miner ’ s equity is a whole different kettle of fish , as “ the stocks are not a safe haven against market turmoil , but a bet on company ’ s operating earnings and the management team which controls it ” .
Indeed , the problem of gold @ @ @ @ @ @ @ according to Luke – that “ yes , you had higher prices , but no , the industry did not capture margin , and no , the industry did not generate returns ” .
However , that may change now .
The Author believes that producers are facing now a friendlier environment in which they could be able to capture profit margins far greater than in the past .
You see , in the 2000s , gold was rallying together with other commodities and with its own input cost base , which cannibalized @ @ @ @ @ @ @ ’ s rally is more monetary-based than commodity-based , which supports gold prices but remains cost inflation limited .
Another interesting article from the Alchemist , this time from issue no .
97 , is “ Gold Resilient in Adversity ” by Rhona O ’ Connel .
She compares gold with other commodities , pointing out gold has been the outperformer within the sector .
While other metals suffered massive demand destruction and price falls of several percent amid the coronavirus crisis , gold has been a “ sanctuary from the vicissitudes of @ @ @ @ @ @ @ is simple : the impressive gold ’ s performance compared with its commodity peers underlines the safe-haven status of the yellow metal and the fact , emphasized by me for a long time , that gold is more of a monetary asset than a mere commodity .
The Rational Case for $ 7,000 Gold by 2030 I left the most controversial article from Alchemist issue no .
97 – The Rational Case for $ 7,000 Gold by 2030 written by Charlie Morris – for last .
The Author starts with the observation that @ @ @ @ @ @ @ class in the 21st century , which is an extraordinary achievement given that gold doesn ’ t pay a yield .
Some people believe that because gold doesn ’ t pay a yield , gold can ’ t be valued .
But Morris disagrees – and he models gold , very interestingly , as a bond with the following characteristics : it is zero-coupon because it pays no interest ; it has a long duration because it lasts forever ; it is inflation linked , as historic purchasing power has demonstrated ; it @ @ @ @ @ @ @ is held in physical form ; it was issued by God .
Wow , what an original bond !
The model makes clear why the main driver behind the gold ’ s gains in this century was the fall in the U.S. real interest rates , as the chart below shows .
According to the Author ’ s model , gold is traded now with premium over its fair value , but investors should not worry , as “ it is more likely to rise from here than reverse .
That ’ s @ @ @ @ @ @ @ and the forces driving it higher far outweigh the forces holding it back.
” In particular , Morris believes that gold simply sees inflation coming in 2021 .
After all , contrary to the quantitative easing that occurred in the aftermath of the Great Recession , this time the surge in money supply flows into the real economy .
Hence , according to the Author , if the long-term inflation expectations rise , together with the gold ’ s premium , while the bond yields remain ultra low , the price of gold @ @ @ @ @ @ @ 7,000 .
After all , “ the huge gains in the 21st century have occurred in an environment with falling rates , while long-term inflation expectations have barely moved .
With higher inflation on the horizon , things start to get interesting.
” Although $ 7,000 sounds to me like an exaggeration , I agree with the article ’ s main premises : the repercussions of the coronavirus recession could be more inflationary than the Great Recession , and that gold is in the bull market that could last for a while .
@ @ @ @ @ @ @ gold report , we invite you to check out our premium services .
We provide much more detailed fundamental analyses of the gold market in our monthly Gold Market Overview reports and we provide daily Gold & Silver Trading Alerts with clear buy and sell signals .
To enjoy our gold analyses in their full scope , we invite you to subscribe today .
If you ’ re not ready to subscribe yet though and are not on our gold mailing list yet , we urge you to sign up .
It ’ @ @ @ @ @ @ @ t like it , you can easily unsubscribe .
Sign up today !
Disclaimer : Please note that the aim of the above analysis is to discuss the likely long-term impact of the featured phenomenon on the price of gold and this analysis does not indicate ( nor does it aim to do so ) whether gold is likely to move higher or lower in the short- or medium term .
In order to determine the latter , many additional factors need to be considered ( i.e .
sentiment , chart patterns , @ @ @ @ @ @ @ patterns and more ) and we are taking them into account ( and discussing the short- and medium-term outlook ) in our Gold & Silver Trading Alerts .

by Arkadiusz Sieron of Sunshine Profits
This bull market can be more positive than the previous one both for gold and the mining stocks.
In the last edition of the Fundamental Gold Report, I analyzed various WGC’s reports on the gold market. Today, I will focus on the issues of Alchemist – the flagship publication of the London Bullion Market Associations – I was unable to discuss during the most acute phase of the pandemic and the following economic crisis.
I’ll start with the article “Is there a place of Gold Equities in a Gold Allocation?” by James Luke from issue no. 96. The Author poses title question because gold equities performed poorly relative to the gold prices over the last 10 or even 20 years, and “investors would have been better served staying well away.” Indeed, while the gold price is up more than 250 percent since 2005, the HUI Gold Index is just about 20 percent higher.
Wow, it was a harsh criticism! But justified given the fact that although in theory mining stocks provide a leveraged way to own exposure to movements in commodity prices, in reality many miners lag behind the physical market. This is why I always warn investors that investing in gold shares is very demanding, as mining stocks are not a perfect play on gold or other metals. In other words, investing in miner’s equity is a whole different kettle of fish, as “the stocks are not a safe haven against market turmoil, but a bet on company’s operating earnings and the management team which controls it”. Indeed, the problem of gold equities over the last decades was – according to Luke – that “yes, you had higher prices, but no, the industry did not capture margin, and no, the industry did not generate returns”.
However, that may change now. The Author believes that producers are facing now a friendlier environment in which they could be able to capture profit margins far greater than in the past. You see, in the 2000s, gold was rallying together with other commodities and with its own input cost base, which cannibalized the margins. But the current gold’s rally is more monetary-based than commodity-based, which supports gold prices but remains cost inflation limited.
Gold Resilient in Adversity
Another interesting article from the Alchemist, this time from issue no. 97, is “Gold Resilient in Adversity” by Rhona O’Connel. She compares gold with other commodities, pointing out gold has been the outperformer within the sector. While other metals suffered massive demand destruction and price falls of several percent amid the coronavirus crisis, gold has been a “sanctuary from the vicissitudes of the economic environment”. The conclusion is simple: the impressive gold’s performance compared with its commodity peers underlines the safe-haven status of the yellow metal and the fact, emphasized by me for a long time, that gold is more of a monetary asset than a mere commodity.
The Rational Case for $7,000 Gold by 2030
I left the most controversial article from Alchemist issue no. 97 – The Rational Case for $7,000 Gold by 2030 written by Charlie Morris – for last. The Author starts with the observation that gold has been the leading major asset class in the 21st century, which is an extraordinary achievement given that gold doesn’t pay a yield.
We are primarily funded by readers. Please subscribe and donate to support us!
Some people believe that because gold doesn’t pay a yield, gold can’t be valued. But Morris disagrees – and he models gold, very interestingly, as a bond with the following characteristics: it is zero-coupon because it pays no interest; it has a long duration because it lasts forever; it is inflation linked, as historic purchasing power has demonstrated; it has zero credit risk, assuming it is held in physical form; it was issued by God.
Wow, what an original bond! The model makes clear why the main driver behind the gold’s gains in this century was the fall in the U.S. real interest rates, as the chart below shows. According to the Author’s model, gold is traded now with premium over its fair value, but investors should not worry, as “it is more likely to rise from here than reverse. That’s because gold is in a bull market and the forces driving it higher far outweigh the forces holding it back.”
In particular, Morris believes that gold simply sees inflation coming in 2021. After all, contrary to the quantitative easing that occurred in the aftermath of the Great Recession, this time the surge in money supply flows into the real economy. Hence, according to the Author, if the long-term inflation expectations rise, together with the gold’s premium, while the bond yields remain ultra low, the price of gold could rationally achieve the level of $7,000. After all, “the huge gains in the 21st century have occurred in an environment with falling rates, while long-term inflation expectations have barely moved. With higher inflation on the horizon, things start to get interesting.”
Although $7,000 sounds to me like an exaggeration, I agree with the article’s main premises: the repercussions of the coronavirus recession could be more inflationary than the Great Recession, and that gold is in the bull market that could last for a while.
If you enjoyed today’s free gold report, we invite you to check out our premium services. We provide much more detailed fundamental analyses of the gold market in our monthly Gold Market Overview reports and we provide daily Gold & Silver Trading Alerts with clear buy and sell signals. To enjoy our gold analyses in their full scope, we invite you to subscribe today. If you’re not ready to subscribe yet though and are not on our gold mailing list yet, we urge you to sign up. It’s free and if you don’t like it, you can easily unsubscribe. Sign up today!
Arkadiusz Sieron, PhDSunshine Profits: Analysis. Care. Profits.
—–
Disclaimer: Please note that the aim of the above analysis is to discuss the likely long-term impact of the featured phenomenon on the price of gold and this analysis does not indicate (nor does it aim to do so) whether gold is likely to move higher or lower in the short- or medium term. In order to determine the latter, many additional factors need to be considered (i.e. sentiment, chart patterns, cycles, indicators, ratios, self-similar patterns and more) and we are taking them into account (and discussing the short- and medium-term outlook) in our Gold & Silver Trading Alerts.


investmentwatchblog--2020-08-07--Microsoft can terminate its services to you for ‘hate speech’

b .
Enforcement .
If you violate these Terms , we may stop providing Services to you or we may close your Microsoft account .
We may also block delivery of a communication ( like email , file sharing or instant message ) to or from the Services in an effort to enforce these Terms or we may remove or refuse to publish Your Content for any reason .
Nowhere does the Services Agreement even remotely define what “ hate speech ” or what “ help others break these rules ” means .
As an example , if I call @ @ @ @ @ @ @ “ hate speech ” ?
If I , as I had , point out that Microsoft ’ s co-founder Bill Gates had said on four occasions that vaccines would reduce world population , is that “ hate speech ” ?
And if , having read this post , a reader post a comment criticizing Microsoft , am I “ helping ” others to “ communicate hate speech ” ?
Not defining these critical terms , the violation of which can trigger Microsoft ’ s termination of its services , means that Microsoft can @ @ @ @ @ @ @ helping others break these rules ” whatever they want .
Given the vagueness of its Services Agreement , how are we to conduct ourselves so as not to violate the terms of the agreement ?

b. Enforcement. If you violate these Terms, we may stop providing Services to you or we may close your Microsoft account. We may also block delivery of a communication (like email, file sharing or instant message) to or from the Services in an effort to enforce these Terms or we may remove or refuse to publish Your Content for any reason.
Nowhere does the Services Agreement even remotely define what “hate speech” or what “help others break these rules” means.
We are primarily funded by readers. Please subscribe and donate to support us!
As an example, if I call Microsoft “tyrannical,” is that “hate speech”? If I, as I had, point out that Microsoft’s co-founder Bill Gates had said on four occasions that vaccines would reduce world population, is that “hate speech”? And if, having read this post, a reader post a comment criticizing Microsoft, am I “helping” others to “communicate hate speech”?
Not defining these critical terms, the violation of which can trigger Microsoft’s termination of its services, means that Microsoft can call “hate speech” and “helping others break these rules” whatever they want.
Given the vagueness of its Services Agreement, how are we to conduct ourselves so as not to violate the terms of the agreement?
H/t Vivien Lee
~Eowyn


investmentwatchblog--2020-08-07--Joe Biden Is No ‘Ally’ to The Black Community

SHOCKER : Democrats Losing Decades-Long Grip on Young Black Voters .
“ Younger voters have grown tired of broken promises @ @ @ @ @ of entitlement to their vote.
” What did Biden mean by this ?

SHOCKER: Democrats Losing Decades-Long Grip on Young Black Voters. “Younger voters have grown tired of broken promises and white Democrats’ sense of entitlement to their vote.”
What did Biden mean by this?
We are primarily funded by readers. Please subscribe and donate to support us!
AC


investmentwatchblog--2020-08-07--Yahoo Suspends Comments On Articles. More Censorship Before The Elections

So Yahoo suspends comments on their stories , one of the last to have comments available right before the elections… @ @ @ @ @ so conservative or middle of the road derived .
Almost all news outlets and others @ @ @ @ @ ago .
They can ’ t have us discussing things… just spoon feeding their indoctrination @ @ @ @ @ articles and talk shows .
Let Yahoo know that NOBODY will read their stories now @ @ @ @ @ Their writers are known for terrible journalism , the comments were the only thing they @ @ @ @ @ feel free to leave comments on their survey… “ Readers are no longer allowed to @ @ @ @ @ published by Yahoo News on its website .
The media outlet has temporarily suspended commenting @ @ @ @ @ wants to improve its community experience .
“ Our goal is to create a safe @ @ @ @ @ to connect over interests and passion , ” it said in its website .
”

So Yahoo suspends comments on their stories, one of the last to have comments available right before the elections…
Why ? Because they are so conservative or middle of the road derived.
Almost all news outlets and others including ESPN stopped comments long ago.
They can’t have us discussing things… just spoon feeding their indoctrination via news programs, news articles and talk shows.
Let Yahoo know that NOBODY will read their stories now, why would they ? Their writers are known for terrible journalism, the comments were the only thing they had going for them…
www.surveymonkey.com/r/8PGR7JM
We are primarily funded by readers. Please subscribe and donate to support us!
Please feel free to leave comments on their survey…
www.onlinecitizenasia.com/2020/07/28/yahoo-news-temporarily-removes-comment-section-in-website-says-it-is-to-improve-community-experience/
“Readers are no longer allowed to write their comments on stories published by Yahoo News on its website. The media outlet has temporarily suspended commenting on its articles as it wants to improve its community experience.
“Our goal is to create a safe and engaging place for users to connect over interests and passion,” it said in its website.”
AC


investmentwatchblog--2020-08-06--Why You Can’t Allow Leftists In Positions Of Power…

THEY ALWAYS ABUSE IT AGAINST THEIR POLITICAL OPPONENTS .
Plus , “ no one is above the law , ” from a New York Democratic pol .
Ha ha .
Democrats Announce INSANE Human Rights Violations In New COVID Lockdown , Our Constitution Is On FIRE .
The Mayor of Los Angeles , a Democrat , has announced on of the most insane human rights violations to date .
Garcetti has said that egregious offenders who exercise their first amendment rights to have large gatherings with have their utilities , power and water , shut off .
Shutting off access @ @ @ @ @ @ @ and yet they seem to think it is fine .
This is just another move made by Democrats in ignoring or crushing our rights and spitting on the Constitution .
Cristina Laila from The Gateway Pundit reports , New Mexico Governor Michelle Lujan Grisham ( D ) lectured her constituents on Monday .
Grisham is spying on New Mexico residents and believes that the inevitable behavior of a virus can be stopped by her dictatorial powers .
There you go , Michelle Obama , corona virus is an opportunity to change how wealth @ @ @

THEY ALWAYS ABUSE IT AGAINST THEIR POLITICAL OPPONENTS.
An outrageous show of government legal force with the aim of suppressing advocacy on issues of public concern. This is as much an assault on the First as on the Second Amendment. #CatoSCOTUS t.co/LLsWiVGCbX — Walter Olson 😷 (@walterolson) August 6, 2020
Plus, “no one is above the law,” from a New York Democratic pol. Ha ha.
Update: NRA Announces Lawsuit Against New York Attorney General
Democrats Announce INSANE Human Rights Violations In New COVID Lockdown, Our Constitution Is On FIRE. The Mayor of Los Angeles, a Democrat, has announced on of the most insane human rights violations to date.
Garcetti has said that egregious offenders who exercise their first amendment rights to have large gatherings with have their utilities, power and water, shut off.
We are primarily funded by readers. Please subscribe and donate to support us!
Shutting off access to water is a human rights violation and yet they seem to think it is fine. This is just another move made by Democrats in ignoring or crushing our rights and spitting on the Constitution.
Cristina Laila from The Gateway Pundit reports, New Mexico Governor Michelle Lujan Grisham (D) lectured her constituents on Monday. Grisham is spying on New Mexico residents and believes that the inevitable behavior of a virus can be stopped by her dictatorial powers.
Read More/Source/Credit/FairUse:
www.thegatewaypundit.com/2020…
There you go, Michelle Obama, corona virus is an opportunity to change how wealth is distributed.
h/t GR


investmentwatchblog--2020-08-08--Everyone wants to buy a dip until they are experiencing one.

Everyone wants to buy a dip until they are experiencing one .

Everyone wants to buy a dip until they are experiencing one.
— Wealth Theory ™ (@Wealth_Theory) August 7, 2020


investmentwatchblog--2020-08-08--QE explained…. this is from 9 years ago..still apropos …

QE explained… .
this is from 9 years ago..still apropos …t.co/irTRrU69sp

QE explained…. this is from 9 years ago..still apropos …t.co/irTRrU69sp
— 𝕮𝖍𝖎 🛢 (@chigrl) August 7, 2020


investmentwatchblog--2020-08-08--HY Spreads continue to collapse…. BUT more than 70% of lenders reported tighter terms in leveraged m

HY Spreads continue to collapse…. BUT more than 70% of lenders reported tighter terms in leveraged market vs. historical norm.

The Fed 's treasury holdings alone are rapidly approaching the size of the Fed 's entire peak balance sheet following @ @ @ @

The Fed's treasury holdings alone are rapidly approaching the size of the Fed's entire peak balance sheet following the GFC. pic.twitter.com/lqwi2Gq1am
— Sven Henrich (@NorthmanTrader) August 7, 2020