investmentwatchblog--2020-11-11--Mr. Resolute And November Gold’s Deliveries!

After the exclusive temper tantrum at the Comex subsided , Gold has reversed , with the trade at $ 1,877.50 up $ 23.10 after reaching up to $ 1,888.90 with the low at $ 1,858.90 .
Gold actually started its reversal moments after the Comex close ( after the negative $ 97.30 was posted ) , which was only $ 6 above yesterday ’ s low , so most of the retracements happened during the ICE trades .
Silver suffered more yesterday , because its Silver , with the trade now at $ 24.185 , up 48.4 cents after reaching @ @ @ @ @ @ @ at $ 23.95 .
Yesterday ’ s Comex Calculated Close for December Silver Futures was contained at $ 23.701 , down $ 1.961 with the low right there at $ 23.60 .
Once again , we see the ICE recovery , and the obvious signal that this move was an attempt to scare anyone and everyone away from precious metals .
The US Dollar is now trading at 92.82 , up 10.5 points with the high nearby at 92.965 and the low at 92.585 .
Of course , all this happened in what @ @ @ @ @ @ @ am pst , the Comex open , the London close , and as more and more of those that count the vote are being question for the way they counted and how the dead , illegal , or multiple filings for Joe , are being removed properly and under legal terms .
There was never an allowed delayed count before and there never should be one ever .
In Venezuela , Gold ’ s price is worth 18,751.53 Bolivar , giving today ’ s buyer another 391.51 discount with Silver ’ s price @ @ @ @ @ @ @ ’ s price for Gold is now at 148,815.64 A-Peso ’ s showing a 2,654.51 discount with Silver losing 53.32 A-Peso ’ s with the last trade at 1,916.94 .
The Turkish Lira ’ s price for Gold reversed showing a gain of 129.40 T-Lira with its last trade at 15,542.01 with Silver at 200.114 , down 0.387 of a T-Lira from yesterday ’ s tally .
November Silver ’ s Delivery Demands now has a post of 270 fully paid for 5,000-ounce contracts waiting to get receipts and with a Volume of @ @ @ @ @ @ @ with a half penny trading range between $ 24.215 and $ 24.21 with the last swap at the low , a gain of 52.5 cents so far since the Comex paper attack .
Yesterday , there were no swaps/buys/sells at all in the delivery month , but 4 buyers did get receipts for their purchases .
Yesterday ’ s frantic attempts to scare out long traders may have worked , but I think it may be the hedgers , that only have to hold $ 660 per calendar spread , instead of the @ @ @ @ @ @ @ contract , that controlled the roll as we witnessed 5,956 long/short-contracts exiting the trade leaving a total of 153,743 in Overall Open Interest that trades against the physicals .
In my positive outlook , these speculators may have very very deep pockets and are excited to see all this activity .
November Gold ’ s Delivery Demands now has a total of 801 fully paid for contracts waiting for receipts and with a Volume of 24 up on the board with a trading range between $ 1,885.30 and $ 1,871.20 with the last @ @ @ @ @ @ @ 18 so far today .
Yesterday ’ s activity happened in between $ 1,963.20 and $ 1,847.10 with the last buy at $ 1,858.20 with the Comex Calculated Close at $ 1,853.20 , down $ 97.10 that had a total of 745 swaps which raised today ’ s demand count by 434 , proving Mr. Resolute is still Resoluting in November .
Yesterday ’ s Volumes in both Silver and Gold exceeded their Open Interest numbers , this may be another internal signal , suggesting the Algo ’ s may have reversed their @ @ @ @ @ @ @ direction , onward and upward .
This mornings Open Interest in Gold proves 12,051 long/short contracts exited the trade leaving a total of 560,132 Overnighters to go against the buyers of physicals , until there ’ s no more physicals to deliver .
Team Biden is pushing forward , apparently talking with foreign dignitaries , even though the legal electoral process is not finished , helping to prove there is a real issue with this one party that is telling everyone unity is what they want , yet the wonderfully inept AOC wants @ @ @ @ @ @ @ , or to remove them from their government positions .
Pennsylvania ’ s own , have proved the DNC forcefully removed Republican counters from counting or verifying the votes .
We will remain asking why is this one party allowed to break every law in the book without financial and legal repercussions ?
The Republican attorney general has announced legal actions are moving forward over Pennsylvania ’ s mail-in voting .
DJT Jr. reminds us that his father , still our president , has this Big Red Release Button on his desk , @ @ @ @ @ @ @ use it .
“ Amid all of the election ramifications and discussions , Jr. outlined a thought today that has likely been on the mind of many , myself included.
” … “ Declassify Everything ” .
The oddity of it all is somehow , every single Glitch has benefitted the democratic candidate in almost every state that had a glitch , what are the odds of that ?
During the refusals of having the Republican Party observe the count , Biden supposedly gained over 1 Million votes in Pennsylvania since the morning @ @ @ @ @ @ @ formerly an executive and editor-in-chief at The Washington Times ) claims Mark Zuckerberg sent at least $ 350 million to election judges in mostly Dem areas .
If true , why would the Zuck spend money only on Democratic judges ?
Is there a Section 230 promise involved ?
Let the money trails be viewed , let us see who benefitted the most and who is attached to that wallet .
In the meantime , keep calm !
Law and order is , what we live by and by God Almighty , we @ @ @ @ @ @ @ , keep the faith , have a smile on your face for every other law-abiding citizen , and as always … More J.Johnson content is available with purchase of a JSMineset subscription .

by J. Johnson via JS Mineset
Great and Wonderful Tuesday Morning Folks,
After the exclusive temper tantrum at the Comex subsided, Gold has reversed, with the trade at $1,877.50 up $23.10 after reaching up to $1,888.90 with the low at $1,858.90. Gold actually started its reversal moments after the Comex close (after the negative $97.30 was posted), which was only $6 above yesterday’s low, so most of the retracements happened during the ICE trades. Silver suffered more yesterday, because its Silver, with the trade now at $24.185, up 48.4 cents after reaching up to $24.49 with the low at $23.95. Yesterday’s Comex Calculated Close for December Silver Futures was contained at $23.701, down $1.961 with the low right there at $23.60. Once again, we see the ICE recovery, and the obvious signal that this move was an attempt to scare anyone and everyone away from precious metals. The US Dollar is now trading at 92.82, up 10.5 points with the high nearby at 92.965 and the low at 92.585. Of course, all this happened in what is called fair markets, before 5 am pst, the Comex open, the London close, and as more and more of those that count the vote are being question for the way they counted and how the dead, illegal, or multiple filings for Joe, are being removed properly and under legal terms. There was never an allowed delayed count before and there never should be one ever.
In Venezuela, Gold’s price is worth 18,751.53 Bolivar, giving today’s buyer another 391.51 discount with Silver’s price at 241.548 down 7.44 Bolivar. Argentina’s price for Gold is now at 148,815.64 A-Peso’s showing a 2,654.51 discount with Silver losing 53.32 A-Peso’s with the last trade at 1,916.94. The Turkish Lira’s price for Gold reversed showing a gain of 129.40 T-Lira with its last trade at 15,542.01 with Silver at 200.114, down 0.387 of a T-Lira from yesterday’s tally.
November Silver’s Delivery Demands now has a post of 270 fully paid for 5,000-ounce contracts waiting to get receipts and with a Volume of 6 already posted up on the board with a half penny trading range between $24.215 and $24.21 with the last swap at the low, a gain of 52.5 cents so far since the Comex paper attack. Yesterday, there were no swaps/buys/sells at all in the delivery month, but 4 buyers did get receipts for their purchases. Yesterday’s frantic attempts to scare out long traders may have worked, but I think it may be the hedgers, that only have to hold $660 per calendar spread, instead of the $16,500 margin for a single speculative contract, that controlled the roll as we witnessed 5,956 long/short-contracts exiting the trade leaving a total of 153,743 in Overall Open Interest that trades against the physicals. In my positive outlook, these speculators may have very very deep pockets and are excited to see all this activity.
November Gold’s Delivery Demands now has a total of 801 fully paid for contracts waiting for receipts and with a Volume of 24 up on the board with a trading range between $1,885.30 and $1,871.20 with the last trade at the low, up $18 so far today. Yesterday’s activity happened in between $1,963.20 and $1,847.10 with the last buy at $1,858.20 with the Comex Calculated Close at $1,853.20, down $97.10 that had a total of 745 swaps which raised today’s demand count by 434, proving Mr. Resolute is still Resoluting in November. Yesterday’s Volumes in both Silver and Gold exceeded their Open Interest numbers, this may be another internal signal, suggesting the Algo’s may have reversed their course and are ready for a new direction, onward and upward. This mornings Open Interest in Gold proves 12,051 long/short contracts exited the trade leaving a total of 560,132 Overnighters to go against the buyers of physicals, until there’s no more physicals to deliver.
Team Biden is pushing forward, apparently talking with foreign dignitaries, even though the legal electoral process is not finished, helping to prove there is a real issue with this one party that is telling everyone unity is what they want, yet the wonderfully inept AOC wants to cancel those who worked for Trump, or to remove them from their government positions. Pennsylvania’s own, have proved the DNC forcefully removed Republican counters from counting or verifying the votes. We will remain asking why is this one party allowed to break every law in the book without financial and legal repercussions? The Republican attorney general has announced legal actions are moving forward over Pennsylvania’s mail-in voting.
We are primarily funded by readers. Please subscribe and donate to support us!
DJT Jr. reminds us that his father, still our president, has this Big Red Release Button on his desk, and he ain’t afraid to use it. “Amid all of the election ramifications and discussions, Jr. outlined a thought today that has likely been on the mind of many, myself included.”…“Declassify Everything”. The oddity of it all is somehow, every single Glitch has benefitted the democratic candidate in almost every state that had a glitch, what are the odds of that? During the refusals of having the Republican Party observe the count, Biden supposedly gained over 1 Million votes in Pennsylvania since the morning AFTER the election!
John Solomon (formerly an executive and editor-in-chief at The Washington Times) claims Mark Zuckerberg sent at least $350 million to election judges in mostly Dem areas. If true, why would the Zuck spend money only on Democratic judges? Is there a Section 230 promise involved? Let the money trails be viewed, let us see who benefitted the most and who is attached to that wallet.
In the meantime, keep calm! Law and order is, what we live by and by God Almighty, we’re living it now. So, keep the faith, have a smile on your face for every other law-abiding citizen, and as always …
Stay Strong!
J. Johnson
More J.Johnson content is available with purchase of a JSMineset subscription.


investmentwatchblog--2020-11-11--Shell’s Largest Refinery Reduces Crude Processing Capacity By 50%

Shell will halve the crude oil processing capacity of its largest wholly owned refinery in the world , Pulau Bukom in Singapore , as part of its ambition to be a net-zero emissions business by 2050 or sooner , the supermajor said on Tuesday .
Pulau Bukom hosts the largest wholly-owned Shell refinery globally in terms of crude distillation capacity , 500,000 barrels per day ( bpd ) , and it also has an ethylene cracker complex with a capacity of up to a million tons per year and a butadiene extraction unit of 155,000 tons annually .
As Shell @ @ @ @ @ @ @ CO2 ) emissions and is transforming its refining business for the new future , it will cut the crude processing capacity at Pulau Bukom by about half , the company said .
In that new future , the Pulau Bukom Manufacturing Site will be one of Shell ’ s six energy and chemicals parks , and will pivot from a crude-oil , fuels-based product slate towards new , low-carbon value chains .
“ Our businesses in Singapore must evolve and transform , and we must act now if we are to achieve our @ @ @ @ @ @ @ .
Our decisive action today will help Shell in Singapore stay resilient and build a cleaner , more sustainable future for all of us , ” said Aw Kah Peng , Chairman of Shell Companies in Singapore .
The reduced refinery capacity in Singapore will result in fewer jobs at the site , Shell said , while a Shell spokeswoman told Reuters that the supermajor would cut around 500 jobs by the end of 2023 .
Currently , Pulau Bukom employs around 1,300 people .
Shell is implementing a new downstream strategy to @ @ @ @ @ @ @ , smarter refining portfolio focused on further integration with Shell Trading hubs , Chemicals , and Marketing .
As part of this strategy , Shell has sold the Martinez Refinery in California to PBF Holding Company for US $ 1.2 billion .
Shell is also set to shut down its 211,000-bpd refinery in Convent , Louisiana , after failing to find a buyer for the site .

By Tsvetana Paraskova
Shell will halve the crude oil processing capacity of its largest wholly owned refinery in the world, Pulau Bukom in Singapore, as part of its ambition to be a net-zero emissions business by 2050 or sooner, the supermajor said on Tuesday.
Pulau Bukom hosts the largest wholly-owned Shell refinery globally in terms of crude distillation capacity, 500,000 barrels per day (bpd), and it also has an ethylene cracker complex with a capacity of up to a million tons per year and a butadiene extraction unit of 155,000 tons annually.
As Shell is looking to cut carbon dioxide (CO2) emissions and is transforming its refining business for the new future, it will cut the crude processing capacity at Pulau Bukom by about half, the company said. In that new future, the Pulau Bukom Manufacturing Site will be one of Shell’s six energy and chemicals parks, and will pivot from a crude-oil, fuels-based product slate towards new, low-carbon value chains.
“Our businesses in Singapore must evolve and transform, and we must act now if we are to achieve our ambition to thrive through the energy transition. Our decisive action today will help Shell in Singapore stay resilient and build a cleaner, more sustainable future for all of us,” said Aw Kah Peng, Chairman of Shell Companies in Singapore.
We are primarily funded by readers. Please subscribe and donate to support us!
The reduced refinery capacity in Singapore will result in fewer jobs at the site, Shell said, while a Shell spokeswoman told Reuters that the supermajor would cut around 500 jobs by the end of 2023. Currently, Pulau Bukom employs around 1,300 people.
Shell is implementing a new downstream strategy to reshape its refining business towards a smaller, smarter refining portfolio focused on further integration with Shell Trading hubs, Chemicals, and Marketing.
As part of this strategy, Shell has sold the Martinez Refinery in California to PBF Holding Company for US$1.2 billion.
Shell is also set to shut down its 211,000-bpd refinery in Convent, Louisiana, after failing to find a buyer for the site.
By Tsvetana Paraskova for Oilprice.com


investmentwatchblog--2020-11-11--Mortgage Delinquencies Fall To 7.65% While Mortgage Foreclosures Decline To 0.59% (Covid /= Disaster

Mortgage Delinquencies Fall To 7.65% While Mortgage Foreclosures Decline To 0.59% (Covid /= Disaster For Mortgage Markets)

Covid-19 has been a disaster TEMPORARILY for the US economy , but the US economy is resilient .
According to @ @ @ @ @ GDPNow real time GDP is now at 3.514 % , higher than GDP before the @ @ @ @ @ US mortgage market saw a rapid increase in mortgage delinquencies thanks to Covid , it @ @ @ @ @ foreclosure wave as did during the financial crisis .
The reason why ?
Forbearance .
@ @ @ @ @ been gradually declining .
So unless states and cities continue their Covid lockdowns , we @ @ @ @ @ mortgage delinquencies .

by confoundedinterest17
Covid-19 has been a disaster TEMPORARILY for the US economy, but the US economy is resilient. According to the Atlanta Fed’s GDPNow real time GDP is now at 3.514%, higher than GDP before the Covid outbreak.
While the US mortgage market saw a rapid increase in mortgage delinquencies thanks to Covid, it did not materialize into a foreclosure wave as did during the financial crisis.
We are primarily funded by readers. Please subscribe and donate to support us!
The reason why? Forbearance. And loans in forbearance has been gradually declining.
So unless states and cities continue their Covid lockdowns, we should see a normalization in mortgage delinquencies.


investmentwatchblog--2020-11-11--AMZN option traders net sold $3.4 billion dollars equivalent of shares yesterday..

AAPL was 900K shares for sale and TSLA was 600K shares for sale .
EXPE was risk on with $ @ @ @ @ @ 500K shares of net delta to buy .
Useful stats to be aware of while @ @ @ @ @ vaccine tape… Disclaimer : This information is only for educational purposes .
Do not make @ @ @ @ @ the information in this article .
Do you own due diligence or consult your financial @ @ @ @ @ decision .

AAPL was 900K shares for sale and TSLA was 600K shares for sale. EXPE was risk on with $1mm vega for sale and 500K shares of net delta to buy.
Useful stats to be aware of while trading in this post covid vaccine tape…
Sources:
www.volsage.com/multipleTickerInfo.php
We are primarily funded by readers. Please subscribe and donate to support us!
www.volsage.com/activityInName.php?ticker=amzn
finance.yahoo.com/quote/AMZN/options?p=AMZN
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.
h/t hanudu


investmentwatchblog--2020-11-11--EU files antitrust against AMZN

EU files antitrust against AMZN

I buy several times a week from them but I ’ m the biggest enemy of Amazon Choice and Best @ @ @ @ @ sort by reviews/stars but now sends you to unrelated items .
Even though many fake @ @ @ @ @ ) — European Union regulators have filed antitrust charges against Amazon , accusing the e-commerce @ @ @ @ @ gain an unfair advantage over merchants using its platform .
The EU ’ s executive @ @ @ @ @ s top antitrust enforcer , said Tuesday that the charges have been sent to the @ @ @ @ @ it takes issue with Amazon ’ s systematic use of non-public business data to avoid @ @ @ @ @ competition and to leverage its dominance ” for e-commerce services in France and Germany , @ @ @ @ @ biggest markets in the EU .
The EU started looking into Amazon in 2018 and @ @ @ @ @ dual role as a marketplace and retailer .

apnews.com/article/international-news-europe-8e0222555df76c36bfbeed3289222d94
I buy several times a week from them but I’m the biggest enemy of Amazon Choice and Best Seller . I used to sort by reviews/stars but now sends you to unrelated items. Even though many fake reviews.
LONDON (AP) — European Union regulators have filed antitrust charges against Amazon, accusing the e-commerce giant of using data to gain an unfair advantage over merchants using its platform. The EU’s executive commission, the bloc’s top antitrust enforcer, said Tuesday that the charges have been sent to the company. The commission said it takes issue with Amazon’s systematic use of non-public business data to avoid “the normal risks of competition and to leverage its dominance” for e-commerce services in France and Germany, the company’s two biggest markets in the EU. The EU started looking into Amazon in 2018 and has been focusing on its dual role as a marketplace and retailer.


investmentwatchblog--2020-11-10--REPORT: 15% of coronavirus deaths worldwide can be attributed to air pollution

( Natural News ) Long-term exposure to air pollution has been linked to a heightened risk of death due to the Wuhan coronavirus ( COVID-19 ) .
Now , new research has estimated the proportion of COVID-19 deaths worldwide that could be attributed to air pollution .
Published late October in the journal Cardiovascular Research , the study revealed that roughly 15 percent ( or more than 180,000 ) COVID-19 deaths worldwide can be attributed to long-term exposure to air pollution .
In East Asia , which has some of the highest levels of air pollution on Earth , the @ @ @ @ @ @ @ deaths could be attributed to complications from the harmful effects of exposure to air pollution .
In Europe , 19 percent of COVID-19 deaths were thought to be associated with air pollution , just two percent higher than the estimate for COVID-19 deaths in North America .
Combined , long-term exposure to air pollution and COVID-19 can have an adverse effect on health , especially on the heart and blood vessels , said study co-author Thomas Munzel , chief of the department of cardiology at the University Medical Center of the Johannes Gutenberg @ @ @ @ @ @ @ be attributed to air pollution To estimate the proportion of COVID-19 deaths worldwide that could be attributed to air pollution exposure , the researchers studied health and disease data from the U.S. and China on air pollution and COVID-19 .
They combined this with satellite data of global exposure to particulate matter , as well as data from ground-based pollution monitoring networks .
Particulate matter is a mixture of microscopic solid particles and liquid droplets in the air .
When inhaled , they can affect the heart and lungs , causing adverse health @ @ @ @ @ @ @ a diverse picture of various countries .
For instance , air pollution from anthropogenic sources like combustion is linked to 29 percent of COVID-19 deaths in the Czech Republic , 27 percent in China and 26 percent in Germany .
On the other hand , 15 percent of COVID-19 deaths in Italy can be attributed to air pollution and 14 percent in the U.K .
Meanwhile , countries with strict air quality standards and relatively low air pollution levels , like New Zealand and Australia , had the lowest single-figure estimates of all @ @ @ @ @ @ @ air , those microscopic particles in the air can permeate the lung barrier and enter the bloodstream , causing inflammation and severe oxidative stress explained Munzel .
Worse , particulate matter can damage the inner lining of the arteries and the endothelium , causing them to narrow and stiffen .
When the COVID-19 virus infects the lungs , it attacks lung cells and causes similar damage to blood vessels .
If the lungs and blood vessels are already weak from exposure to air pollution , then the COVID-19 virus can cause even more @ @ @ @ @ @ @ This suggests that particulate matter is a co-factor in aggravating COVID-19 , said co-author Jos Lelieveld of the Max Planck Institute for Chemistry in Germany .
Meanwhile , for people with preexisting conditions like heart disease , the situation can be much worse .
When exposed to air pollution and infected with COVID-19 , a person with heart disease will likely face an increased risk of heart attacks , heart failure and stroke .
Overall , these findings agree with those of an earlier report that linked air pollution to COVID-19 deaths .
@ @ @ @ @ @ @ Harvard T.H .
Chan School of Public Health found that COVID-19 patients from regions in the U.S. with high levels of air pollution were more likely to die from the disease than patients from less polluted regions .
In the first study of its kind , the researchers analyzed levels of fine particulate air pollution before the COVID-19 pandemic in 3,089 U.S. counties , as well as the total COVID-19 deaths in those countries .
Their analysis showed that a small , single-unit increase in particle pollution 15–20 years before the pandemic was @ @ @ @ @ @ @ the COVID-19 mortality rate .
Francesca Domini , who led the analysis , is also part of the latest study published in Cardiovascular Research .
Overall , the findings of the new research suggest that 15 percent of all COVID-19 deaths worldwide could have been avoided if the air were clean .
The findings also highlight the need for effective policies that aim to reduce anthropogenic emissions .
( Related : Could air pollution be causing the coronavirus to spread more rapidly ? )
However , these studies do not show a cause @ @ @ @ @ @ @ COVID-19 .
This emphasizes the need for more studies that confirm such a relationship before governments can begin to make and enforce policies for mitigating air pollution .
Learn more about the impact of air pollution on COVID-19 risk and mortality rate at Health.news .

by: Divina Ramirez
(Natural News) Long-term exposure to air pollution has been linked to a heightened risk of death due to the Wuhan coronavirus (COVID-19). Now, new research has estimated the proportion of COVID-19 deaths worldwide that could be attributed to air pollution.
Published late October in the journal Cardiovascular Research, the study revealed that roughly 15 percent (or more than 180,000) COVID-19 deaths worldwide can be attributed to long-term exposure to air pollution.
In East Asia, which has some of the highest levels of air pollution on Earth, the researchers estimated that 27 percent of COVID-19 deaths could be attributed to complications from the harmful effects of exposure to air pollution. In Europe, 19 percent of COVID-19 deaths were thought to be associated with air pollution, just two percent higher than the estimate for COVID-19 deaths in North America.
Combined, long-term exposure to air pollution and COVID-19 can have an adverse effect on health, especially on the heart and blood vessels, said study co-author Thomas Munzel, chief of the department of cardiology at the University Medical Center of the Johannes Gutenberg University in Germany.
COVID-19 deaths could be attributed to air pollution
To estimate the proportion of COVID-19 deaths worldwide that could be attributed to air pollution exposure, the researchers studied health and disease data from the U.S. and China on air pollution and COVID-19. They combined this with satellite data of global exposure to particulate matter, as well as data from ground-based pollution monitoring networks.
Particulate matter is a mixture of microscopic solid particles and liquid droplets in the air. When inhaled, they can affect the heart and lungs, causing adverse health effects.
Overall, the data showed a diverse picture of various countries. For instance, air pollution from anthropogenic sources like combustion is linked to 29 percent of COVID-19 deaths in the Czech Republic, 27 percent in China and 26 percent in Germany.
On the other hand, 15 percent of COVID-19 deaths in Italy can be attributed to air pollution and 14 percent in the U.K. Meanwhile, countries with strict air quality standards and relatively low air pollution levels, like New Zealand and Australia, had the lowest single-figure estimates of all the countries studied.
When inhaling polluted air, those microscopic particles in the air can permeate the lung barrier and enter the bloodstream, causing inflammation and severe oxidative stress explained Munzel. Worse, particulate matter can damage the inner lining of the arteries and the endothelium, causing them to narrow and stiffen.
When the COVID-19 virus infects the lungs, it attacks lung cells and causes similar damage to blood vessels. If the lungs and blood vessels are already weak from exposure to air pollution, then the COVID-19 virus can cause even more extensive damage, creating severe complications.
This suggests that particulate matter is a co-factor in aggravating COVID-19, said co-author Jos Lelieveld of the Max Planck Institute for Chemistry in Germany.
We are primarily funded by readers. Please subscribe and donate to support us!
Meanwhile, for people with preexisting conditions like heart disease, the situation can be much worse. When exposed to air pollution and infected with COVID-19, a person with heart disease will likely face an increased risk of heart attacks, heart failure and stroke.
Overall, these findings agree with those of an earlier report that linked air pollution to COVID-19 deaths. In that study, researchers from the Harvard T.H. Chan School of Public Health found that COVID-19 patients from regions in the U.S. with high levels of air pollution were more likely to die from the disease than patients from less polluted regions.
In the first study of its kind, the researchers analyzed levels of fine particulate air pollution before the COVID-19 pandemic in 3,089 U.S. counties, as well as the total COVID-19 deaths in those countries.
Their analysis showed that a small, single-unit increase in particle pollution 15–20 years before the pandemic was associated with a 15 percent increase in the COVID-19 mortality rate. Francesca Domini, who led the analysis, is also part of the latest study published in Cardiovascular Research.
Mitigating air pollution to reduce COVID-19 deaths
Overall, the findings of the new research suggest that 15 percent of all COVID-19 deaths worldwide could have been avoided if the air were clean. The findings also highlight the need for effective policies that aim to reduce anthropogenic emissions. (Related: Could air pollution be causing the coronavirus to spread more rapidly?)
However, these studies do not show a cause and effect relationship between air pollution and COVID-19. This emphasizes the need for more studies that confirm such a relationship before governments can begin to make and enforce policies for mitigating air pollution.
Learn more about the impact of air pollution on COVID-19 risk and mortality rate at Health.news.
Sources include:
TheGuardian.com 1
TheGuardian.com 2
Academic.OUP.com
Aljazeera.com


investmentwatchblog--2020-11-10--If Twitter didn’t have a double standard

media , big tech joining up to call an election before it ’ s official , and then only saying @ @ @ @ @ claim in the dispute is insane .
We have courts for a reason , this @ @

media, big tech joining up to call an election before it’s official, and then only saying one side has a legitimate claim in the dispute is insane. We have courts for a reason, this reason.
We are primarily funded by readers. Please subscribe and donate to support us!
h/t Qplus17


investmentwatchblog--2020-11-10--Benjamin Netanyahu gives the US “victory election” nod to Biden.

Synopsis : Not much to detail .
The title and first 30 seconds or so pretty much sums the whole @ @ @ @ @ gives the nod to Biden .

Synopsis: Not much to detail. The title and first 30 seconds or so pretty much sums the whole thing up.
Benjamin Netanyahu gives the nod to Biden.
We are primarily funded by readers. Please subscribe and donate to support us!
h/t Tennessee Patriot


investmentwatchblog--2020-11-10--MICHIGAN LAWSUIT: “Defendants instructed election workers to not verify signatures on absentee ballo

MICHIGAN LAWSUIT: “Defendants instructed election workers to not verify signatures on absentee ballots, to backdate absentee ballots, and to process such ballots regardless of their validity”

• In summary , this Complaint raises numerous instances of fraud , including , but not limited to : a .
Defendants systematically processed and counted ballots from voters whose name failed to appear in either the Qualified Voter File ( QVF ) or in the supplemental sheets .
When a voter ’ s name could not be found , the election worker assigned the ballot to a random name already in the QVF to a person who had not voted .
b .
Defendants instructed election workers to not verify signatures on absentee ballots , to backdate absentee ballots @ @ @ @ @ @ @ of their validity .
c. After election officials announced the last absentee ballots had been received , another batch of unsecured and unsealed ballots , without envelopes , arrived in trays at the TCF Center .
There were tens of thousands of these absentee ballots , and apparently every ballot was counted and attributed only to Democratic candidates .
d. Defendants instructed election workers to process ballots that appeared after the election deadline and to falsely report that those ballots had been received prior to November 3 , 2020 deadline .
e. Defendants @ @ @ @ @ @ @ , such as using incorrect or false birthdays .
Many times , the election workers inserted new names into the QVF after the election and recorded these new voters as having a birthdate of 1/1/1900 .
f. On a daily basis leading up to the election , City of Detroit election workers and 4 Great Lakes Justice Center employees coached voters to vote for Joe Biden and the Democrat party .
These workers and employees encouraged voters to do a straight Democrat ballot .
These election workers and employees went over to the @ @ @ @ @ @ @ watch them vote and coach them for whom to vote .
g. Unsecured ballots arrived at the TCF Center loading garage , not in sealed ballot boxes , without any chain of custody , and without envelopes .
h. Defendant election officials and workers refused to record challenges to their processes and removed challengers from the site if they politely voiced a challenge .
i .
After poll challengers started discovering the fraud taking place at the TCF Center , Defendant election officials and workers locked credentialed challengers out of the counting room @ @ @ @ @ @ @ , during which time tens of thousands of ballots were processed .
j .
Defendant election officials and workers allowed ballots to be duplicated by hand without allowing poll challengers to check if the duplication was accurate .
In fact , election officials and workers repeatedly obstructed poll challengers from observing .
Defendants permitted thousands of ballots to be filled out by hand and duplicated on site without oversight from poll challengers .

by BuyVirginGalactic
townsquare.media/site/656/files/2020/11/election-crimes-lawsuit.pdf
FROM PAGES 3 AND 4 (5 & 6):
In summary, this Complaint raises numerous instances of fraud, including, but not limited to:
a. Defendants systematically processed and counted ballots from voters whose name failed to appear in either the Qualified Voter File (QVF) or in the supplemental sheets. When a voter’s name could not be found, the election worker assigned the ballot to a random name already in the QVF to a person who had not voted.
b. Defendants instructed election workers to not verify signatures on absentee ballots, to backdate absentee ballots, and to process such ballots regardless of their validity.
c. After election officials announced the last absentee ballots had been received, another batch of unsecured and unsealed ballots, without envelopes, arrived in trays at the TCF Center. There were tens of thousands of these absentee ballots, and apparently every ballot was counted and attributed only to Democratic candidates.
d. Defendants instructed election workers to process ballots that appeared after the election deadline and to falsely report that those ballots had been received prior to November 3, 2020 deadline.
We are primarily funded by readers. Please subscribe and donate to support us!
e. Defendants systematically used false information to process ballots, such as using incorrect or false birthdays. Many times, the election workers inserted new names into the QVF after the election and recorded these new voters as having a birthdate of 1/1/1900.
f. On a daily basis leading up to the election, City of Detroit election workers and 4 Great Lakes Justice Center employees coached voters to vote for Joe Biden and the Democrat party. These workers and employees encouraged voters to do a straight Democrat ballot. These election workers and employees went over to the voting booths with voters in order to watch them vote and coach them for whom to vote.
g. Unsecured ballots arrived at the TCF Center loading garage, not in sealed ballot boxes, without any chain of custody, and without envelopes.
h. Defendant election officials and workers refused to record challenges to their processes and removed challengers from the site if they politely voiced a challenge.
i. After poll challengers started discovering the fraud taking place at the TCF Center, Defendant election officials and workers locked credentialed challengers out of the counting room so they could not observe the process, during which time tens of thousands of ballots were processed.
j. Defendant election officials and workers allowed ballots to be duplicated by hand without allowing poll challengers to check if the duplication was accurate. In fact, election officials and workers repeatedly obstructed poll challengers from observing. Defendants permitted thousands of ballots to be filled out by hand and duplicated on site without oversight from poll challengers.


investmentwatchblog--2020-11-10--Race To Debase From Central Bankers Gone Wild: Another Central Bank Creating Currency to Buy Bonds!

Britain ’ s economy has been supported by a surge in debt-fueled spending by the government , and the Bank @ @ @ @ @ is buying up many of those bonds .
The increase in the size of the @ @ @ @ @ took it to 895 billion pounds , 50 billion pounds more than expected by most @ @ @ @ @ ramps up stimulus again to tackle COVID-19 and Brexit hit finance.yahoo.com/news/bank-e… The Scale of Australia @ @ @ @ @ Closing in on the Fed ’ s finance.yahoo.com/news/scale-… New Chris Cole interview on Grant William @ @ @ @ @ The End Game : ttmygh.podbean.com/e/teg_0010/ Jason Burack is an investor , entrepreneur , financial historian @ @ @ @ @ and contrarian .
Jason co-founded the startup financial education company Wall St for Main St @ @ @ @ @ to help the people of Main Street by teaching them the knowledge , skills , @ @ @ @ @ expertise of Wall Street .
You can also find Jason ’ s work at his @ @ @ @ @

Wall St. For Main St., Released on 11/9/20
Britain’s economy has been supported by a surge in debt-fueled spending by the government, and the Bank of England (BOE) is buying up many of those bonds. The increase in the size of the BOE’s asset-purchase program took it to 895 billion pounds, 50 billion pounds more than expected by most economists.
Bank of England ramps up stimulus again to tackle COVID-19 and Brexit hit finance.yahoo.com/news/bank-e…
We are primarily funded by readers. Please subscribe and donate to support us!
The Scale of Australia’s Bond-Buying Spree Is Closing in on the Fed’s finance.yahoo.com/news/scale-…
New Chris Cole interview on Grant William’s free podcast, The End Game: ttmygh.podbean.com/e/teg_0010/
Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.


investmentwatchblog--2020-11-10--There Is No Vaccine For What Really Ails The US Economy

Big moves in all the markets on news of COVID vaccine from Pfizer .
COVID vaccine will not be ready @ @ @ @ @ stocks and buy the leave-the-house stocks .
Gold gets thrown out with the safe-havens .
@ @ @ @ @ .
Statehood for Puerto Rico would be a disaster

by Peter Schiff of Peter Schiff Podcast
We are primarily funded by readers. Please subscribe and donate to support us!
Big moves in all the markets on news of COVID vaccine from Pfizer.
COVID vaccine will not be ready soon.
Investors sell stay-at-home stocks and buy the leave-the-house stocks.
Gold gets thrown out with the safe-havens.
Bitcoin has the least volatility.
Statehood for Puerto Rico would be a disaster


investmentwatchblog--2020-11-10--The world is watching: You can’t count Donald Trump out just yet!

Sky News Australia has claimed that the US elections will be decided by the Supreme Court .
Sky News is @ @ @ @ @ channels in Australia and has been on the leading frontlines with lots of big news @ @ @ @ @ they were one of the first to report on the virus as a massive attack @ @ @ @ @ early February .

Sky News Australia has claimed that the US elections will be decided by the Supreme Court. Sky News is one of the biggest News channels in Australia and has been on the leading frontlines with lots of big news breaks since COVID began, they were one of the first to report on the virus as a massive attack on the world Back in early February.
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-11-10--Sell Mega-cap tech stocks due to Vaccine Discovery!

When Pfizer announced a 90 % effective vaccine for the Coronavirus on Monday November 9 , 2020 , the US @ @ @ @ @ and opened another .
The new chapter ushers in extreme volatility for the NASDAQ 100 @ @ @ @ @ indices .
The EXTREME volatility , which should have occurred after the 35 % decline @ @ @ @ @ the March 2020 low , will soon begin .
The shares of all five of @ @ @ @ @ including Apple , Amazon , Facebook , Google and Facebook and other big gainer tech @ @ @ @ @ Peleton , etc.
, should be sold as soon as possible .
The chart below @ @ @ @ @ and the March lows for the Dow Jones 30 , S & P 500 and @ @ @ @ @ also depicts the NASDAQ 100 and the S & P 500 exceeding their first quarter @ @ @ @ @ , 2020 and August 24 , 2020 , respectively .

When Pfizer announced a 90% effective vaccine for the Coronavirus on Monday November 9, 2020, the US stock market closed one chapter and opened another. The new chapter ushers in extreme volatility for the NASDAQ 100 and S&P 500 indices. The EXTREME volatility, which should have occurred after the 35% decline from the February peak to the March 2020 low, will soon begin. The shares of all five of the mega cap tech stocks including Apple, Amazon, Facebook, Google and Facebook and other big gainer tech stocks including Zoom Video and Peleton, etc., should be sold as soon as possible.
The chart below depicts the 2020 February highs and the March lows for the Dow Jones 30, S&P 500 and NASDAQ 100. The chart also depicts the NASDAQ 100 and the S&P 500 exceeding their first quarter 2020 highs on June 5, 2020 and August 24, 2020, respectively.


investmentwatchblog--2020-11-10--The Most Important Video on Electronic Voting Fraud You Will Ever Watch

This is the craziest video I ’ ve ever seen done by a security expert .
Our entire system is @ @ @ @ @ trust any vote totals .
Just completely nuts .
You can skip the first 18 @ @ @ @ @ get into the meat of it .

This is the craziest video I’ve ever seen done by a security expert. Our entire system is compromised. Don’t trust any vote totals. Just completely nuts.
You can skip the first 18 minutes if you want to get into the meat of it.
We are primarily funded by readers. Please subscribe and donate to support us!
h/t LooneyBin


investmentwatchblog--2020-11-10--WW3 fears surge as China ‘obstructs’ Taiwan from key WHO meeting amid soaring tensions

On Sunday evening , Taiwan ’ s Foreign Ministry said it had not yet been invited to the virtual WHO @ @ @ @ @ .
It said : “ The Foreign Ministry expresses strong regret and dissatisfaction at China @ @ @ @ @ participating in the WHO and the WHO ’ s continuing to neglect the health and @ @ @ @ @ s 23.5 million people.
” The ministry added that the WHO ’ s refusal to @ @ @ @ @ due to the political situation makes a mockery of the organisation ’ s claim to @ @ @ @ @ ” .
The independent island has been blocked from most global organisations due to China @ @ @ @ @

On Sunday evening, Taiwan’s Foreign Ministry said it had not yet been invited to the virtual WHO meeting of 194 member states.
It said: “The Foreign Ministry expresses strong regret and dissatisfaction at China’s obstruction of Taiwan participating in the WHO and the WHO’s continuing to neglect the health and human rights of Taiwan’s 23.5 million people.”
The ministry added that the WHO’s refusal to invite Taiwan to the meeting due to the political situation makes a mockery of the organisation’s claim to promote “health for all”.
We are primarily funded by readers. Please subscribe and donate to support us!
The independent island has been blocked from most global organisations due to China’s political objections.
www.express.co.uk/news/world/1358231/world-war-3-news-china-Taiwan-us-world-health-organization-coronavirus-latest-ont/amp


investmentwatchblog--2020-11-10--Pfizer CEO explains why they rejected subsidies. A must read for all interventionists

Pfizer CEO explains why they rejected subsidies .
A must read for all interventionists pic.twitter.com/vIxtvDWdok

Pfizer CEO explains why they rejected subsidies. A must read for all interventionists pic.twitter.com/vIxtvDWdok
— Daniel Lacalle (@dlacalle_IA) November 10, 2020


investmentwatchblog--2020-11-10--Tech Stocks Repeating 2000 Topping Pattern Of Late? If support breaks at (2), this ratio sends at le

Tech Stocks Repeating 2000 Topping Pattern Of Late ?
If support breaks at ( 2 ) , this ratio sends @ @ @ @ @ to the Tech sector !
t.co/CJL5G7emi8 $ QQQ $ NDX $ DJIA $ SPX pic.twitter.com/usbY8uEYWW

Tech Stocks Repeating 2000 Topping Pattern Of Late? If support breaks at (2), this ratio sends at least a caution message to the Tech sector! t.co/CJL5G7emi8$QQQ $NDX $DJIA $SPX pic.twitter.com/usbY8uEYWW
— Chris Kimble (@KimbleCharting) November 10, 2020


investmentwatchblog--2020-11-10--Is the premature congratulation of Joe Biden backfiring?

US Attorney General William Barr yesterday gave the go-ahead for federal prosecutors to pursue “ substantial allegations ” of voting irregularities during last week ’ s presidential election .
Obviously , Barr ’ s is a political appointment , but Unrejected President Donald Trump is now forcing the US State ’ s legal infrastructure to move beyond frivolous dismissal , and start investigating….even if the MSM is still a tad behind the music : All claims will remain either ‘ totally without foundation ’ or ‘ absolutely true ’ until an objective arm of law enforcement moves in to take @ @ @ @ @ @ @ our century thus far is that swamps don ’ t drain themselves…and myths become facts thanks to the somewhat limp rule of law and the flaccid members of the Fourth Estate .
Throughout his first term as President , Donald Trump was permanently hogtied by the appointees who shadowed him .
As The Slog has commented many times , half the reason the White House has appeared so chaotic over the last four years , is that everyone from Anthony Fauci to Rex Tillerson via Jeff Sessions and Batshit McMasters variously tut-tutted and @ @ @ @ @ @ @ .
Brits would recognise this as the Sedwill-Johnson syndrome ; they would also spot the withered arm of the media scribbler – that scoundrel who no longer digs to find the awkward facts that remove the ‘ less ’ from the ‘ base ’ .
A Covid danger overestimated by ( variously ) six to nine times is a fraud .
A gold price historically undervalued by 170 % is a fraud .
Banks selling notional gold to each other and then fiddling receipts versus losses to depress the gold price is a @ @ @ @ @ @ @ York Fed ploughing the People ’ s money into a mendacious banking liquidity black hole is a fraud .
The European Central Bank shifting created money around from one central bank to another is a fraud It seems bizarre to be pushed into the position of having to define this for people ; but let me try and offer some historical parallels .
Until Private Eye cast doubt on John Profumo ’ s Commons statement about call girls in 1963 , the allegations of Christine Keeler were baseless .
Until Nipper Read became @ @ @ @ @ @ @ Kray Brothers ’ ankles , allegations against Lord Boothby were baseless .
Until Woodward and Bernstein started following the money on Watergate , allegations of Richard Nixon ’ s involvement were baseless .
The Warren Commission was a fraud .
Jeremy Hunt ’ s redacted emails to Newscorp covered up a fraud .
Rebekah Brooks ’ s Court dismissal was a fraud concocted with the CPS .
I wonder if the Trump-hating media pundits can hear themselves as they accuse a US President of knowing less about homeland security and voting crime than @ @ @ @ @ @ @ blinkered booby at the best of times , and he is quite wrong when he asserts that “ the Democrats predicted this would happen ” .
It was Trump who predicted there would be voting fraud , and the bourgeois bohemian media class now wishes to dismiss him as some kind of self-fulfilling prophet dogged by onanism .
Does it not occur to them that the Potus in any US régime becomes party to information he can not share….particularly with a rabidly chainsaw-armed media set like this one ?
As so often before @ @ @ @ @ @ @ them even more by being quite often more on the ball than they are .
The media , globalist business and Wall Street have modelled the cases for Covid and AGW .
Trump has pointed out his deep suspicion of modelled predictions that turn out to be – what ’ s that word ?
– oh yes , baseless .
How much difficult-to-explain eventuality does it take before doubt must be turned into media and State investigation ?
Anomalies and deviations from the norm , a crazy-high turnout ( bigger than any other @ @ @ @ @ @ @ 4 am stop-go thing , the ‘ media declaration ’ , the Ohio boot on the other foot mystery….what do the naysayers want – Kamala Harris caught signing her poll card Minnie Mouse ?
I am utterly appalled by the spineless efforts of people I have admired in the past , who now outrageously proffer half-baked sanctimony about Donald Trump being a “ sore loser ” who has “ brought the American political system and the office of the Presidency into dispute ” .
That process began in 1963 when John F Kennedy @ @ @ @ @ @ @ It continued via the assassination of his brother , dirty tricks against Carter , the election of a CIA operative to the Presidency in the shape of Holly Bush , Uncle Tombama and his dirty tricks against GOP websites , and the blatant censorship of charges against Joe Biden and his son .
‘ Don ’ t rock the boat ’ never stopped a single torpedo from drowning innocent people .
And preferring peace and quiet to justice gave us Adolf Hitler , the Second World War , McCarthyism , neocon hegemonism and @ @ @ @ @ @ @ Fox News cutting off Republican accusations because it “ wasn ’ t a fit thing for their viewers to experience ” .
Thank God Tucker ’ s ratings mean they daren ’ t touch him .
The Shadow State , monied corruption , bent statistics , megalomanic billionaires and widespread econo-fiscal fraud are just a few of the elements that have brought American cultural life into disrepute .
I don ’ t see President Trump as a hero in any of this .
But his presence in the White House is coming to @ @ @ @ @ @ @ a slump in public life ethics in the west started : the power-greed of the unelected alongside the cowardice of media hacks and bought legislators .
The time for investigating “ conspiracy theory ” is long overdue .
We either start here , or surrender forever .

by John Ward
“Seriously folks, it’s this big….”
NEWS SITES PUT BIDEN BACK TO 259
US Attorney General William Barr yesterday gave the go-ahead for federal prosecutors to pursue “substantial allegations” of voting irregularities during last week’s presidential election.
Obviously, Barr’s is a political appointment, but Unrejected President Donald Trump is now forcing the US State’s legal infrastructure to move beyond frivolous dismissal, and start investigating….even if the MSM is still a tad behind the music:
I may vomit.
All claims will remain either ‘totally without foundation’ or ‘absolutely true’ until an objective arm of law enforcement moves in to take a closer look. The history of our century thus far is that swamps don’t drain themselves…and myths become facts thanks to the somewhat limp rule of law and the flaccid members of the Fourth Estate.
Throughout his first term as President, Donald Trump was permanently hogtied by the appointees who shadowed him. As The Slog has commented many times, half the reason the White House has appeared so chaotic over the last four years, is that everyone from Anthony Fauci to Rex Tillerson via Jeff Sessions and Batshit McMasters variously tut-tutted and rolled their eyes during Trump media assertions.
Brits would recognise this as the Sedwill-Johnson syndrome; they would also spot the withered arm of the media scribbler – that scoundrel who no longer digs to find the awkward facts that remove the ‘less’ from the ‘base’.
What is a fraud?
A stock market overvalued by $18 trillion is a fraud.
A Covid danger overestimated by (variously) six to nine times is a fraud.
A gold price historically undervalued by 170% is a fraud. Banks selling notional gold to each other and then fiddling receipts versus losses to depress the gold price is a fraud upon a fraud.
The New York Fed ploughing the People’s money into a mendacious banking liquidity black hole is a fraud.
The European Central Bank shifting created money around from one central bank to another is a fraud
We are primarily funded by readers. Please subscribe and donate to support us!
It seems bizarre to be pushed into the position of having to define this for people; but let me try and offer some historical parallels. Until Private Eye cast doubt on John Profumo’s Commons statement about call girls in 1963, the allegations of Christine Keeler were baseless. Until Nipper Read became the Met cop terrier biting at the Kray Brothers’ ankles, allegations against Lord Boothby were baseless. Until Woodward and Bernstein started following the money on Watergate, allegations of Richard Nixon’s involvement were baseless.
The Warren Commission was a fraud. Jeremy Hunt’s redacted emails to Newscorp covered up a fraud. Rebekah Brooks’s Court dismissal was a fraud concocted with the CPS.
I wonder if the Trump-hating media pundits can hear themselves as they accuse a US President of knowing less about homeland security and voting crime than they do? Jon Sopel is a blinkered booby at the best of times, and he is quite wrong when he asserts that “the Democrats predicted this would happen”. It was Trump who predicted there would be voting fraud, and the bourgeois bohemian media class now wishes to dismiss him as some kind of self-fulfilling prophet dogged by onanism.
Does it not occur to them that the Potus in any US régime becomes party to information he cannot share….particularly with a rabidly chainsaw-armed media set like this one?
As so often before, the scriveners ridicule Trump….who then angers them even more by being quite often more on the ball than they are.
The media, globalist business and Wall Street have modelled the cases for Covid and AGW. Trump has pointed out his deep suspicion of modelled predictions that turn out to be – what’s that word? – oh yes, baseless.
How much difficult-to-explain eventuality does it take before doubt must be turned into media and State investigation? Anomalies and deviations from the norm, a crazy-high turnout (bigger than any other in the twentieth century), the 4 am stop-go thing, the ‘media declaration’, the Ohio boot on the other foot mystery….what do the naysayers want – Kamala Harris caught signing her poll card Minnie Mouse?
I am utterly appalled by the spineless efforts of people I have admired in the past, who now outrageously proffer half-baked sanctimony about Donald Trump being a “sore loser” who has “brought the American political system and the office of the Presidency into dispute”.
That process began in 1963 when John F Kennedy was shot to death in Dallas. It continued via the assassination of his brother, dirty tricks against Carter, the election of a CIA operative to the Presidency in the shape of Holly Bush, Uncle Tombama and his dirty tricks against GOP websites, and the blatant censorship of charges against Joe Biden and his son.
‘Don’t rock the boat’ never stopped a single torpedo from drowning innocent people. And preferring peace and quiet to justice gave us Adolf Hitler, the Second World War, McCarthyism, neocon hegemonism and all kinds of other wonderful things…like even Fox News cutting off Republican accusations because it “wasn’t a fit thing for their viewers to experience”. Thank God Tucker’s ratings mean they daren’t touch him.
The Shadow State, monied corruption, bent statistics, megalomanic billionaires and widespread econo-fiscal fraud are just a few of the elements that have brought American cultural life into disrepute.
I don’t see President Trump as a hero in any of this. But his presence in the White House is coming to an end for the same reason that a slump in public life ethics in the west started: the power-greed of the unelected alongside the cowardice of media hacks and bought legislators.
The time for investigating “conspiracy theory” is long overdue. We either start here, or surrender forever.


investmentwatchblog--2020-11-10--ANOTHER “GLITCH” – Trump Loses 32,615 Votes in Pennsylvania In One Hour in AP Totals

ANOTHER “ GLITCH ” – Trump Loses 32,615 Votes in Pennsylvania In One Hour in AP Totals Published November 9 @ @ @ @ @ “ glitches ” keep adding up — and for some strange reason THEY ALWAYS benefit @ @ @ @ @ there was at least one “ glitch ” in the Pennsylvania counting .
A reader @ @ @ @ @ this screenshots from November 5th as Republicans were locked out of the ballot counting center @ @ @ @ @ was gained over ONE MILLION votes on President Trump in two days .
According to @ @ @ @ @ friend was looking at PA election results on the Associated Press and as you can @ @ @ @ @ time stamps Trump loses votes between each picture while Biden gains votes .
Also you @ @ @ @ @ percentage dropped from 89 % to 87 % ” This is what they found out @ @ @ @ @ screengrabs closely , at 7:31 Trump has 3,177,086 votes .
Then by 8:38 Trump has @ @ @

ANOTHER “GLITCH” – Trump Loses 32,615 Votes in Pennsylvania In One Hour in AP Totals
Published November 9, 2020 at 10:14pm
The “glitches” keep adding up — and for some strange reason THEY ALWAYS benefit Democrarats.
That’s weird?
It looks like there was at least one “glitch” in the Pennsylvania counting.
A reader from Gateway Pundit sent us this screenshots from November 5th as Republicans were locked out of the ballot counting center in Philadelphia and Joe Biden was gained over ONE MILLION votes on President Trump in two days.
According to our reader:
“My friend was looking at PA election results on the Associated Press and as you can see from the screenshots and time stamps Trump loses votes between each picture while Biden gains votes.
We are primarily funded by readers. Please subscribe and donate to support us!
Also you can see how the reporting percentage dropped from 89% to 87%”
This is what they found out.
If you examine the screengrabs closely, at 7:31 Trump has 3,177,086 votes.
Then by 8:38 Trump has 3,144,471 votes.
www.thegatewaypundit.com/2020/11/another-glitch-trump-loses-32615-votes-pennsylvania-one-hour-ap-totals/
h/t ElleMira


investmentwatchblog--2020-11-10--Newsmax: Judge Jeanine’s Show Cancelled Tonight After They Found She Was Going to Report on Fraud

Newsmax : Jeanine Pirro ’ s Show Was Cancelled Tonight on FOX News After They Found Out She Was Going @ @ @ @ @

Newsmax: Jeanine Pirro’s Show Was Cancelled Tonight on FOX News After They Found Out She Was Going to Report on Election Fraud
We are primarily funded by readers. Please subscribe and donate to support us!


investmentwatchblog--2020-11-10--Georgia’s Governor: “Georgia’s election result will include legally cast ballots – and ONLY legally

Georgia’s Governor: “Georgia’s election result will include legally cast ballots – and ONLY legally cast ballots. Period.” SUPREME COURT NOW INVOLVED!

Breaking : @ RealClearNews moves Pennsylvania ’ s 20 electoral votes back into the too close to call category meaning @ @ @ @ @ realDonaldTrump is at the 270 needed to become President # Elections2020 # CountEveryVote pic.twitter.com/SaBMsU9S0v

Breaking: @RealClearNews moves Pennsylvania’s 20 electoral votes back into the too close to call category meaning neither @JoeBiden nor @realDonaldTrump is at the 270 needed to become President #Elections2020 #CountEveryVote pic.twitter.com/SaBMsU9S0v
— Sean Spicer (@seanspicer) November 10, 2020


investmentwatchblog--2020-11-10--BIS use of gold swaps remains near record high

The recently reported October statement of account of the Bank for International Settlements — — discloses that the bank ’ s use of gold swaps decreased by 1 tonne from September to an estimated 519 tonnes , remaining near the bank ’ s record use of such swaps .
To put this into context , the bank ’ s volume of gold swaps remains larger than the 504 tonnes of gold held by the European Central Bank .
No explanation for this continuing high level of swaps has been published by the BIS .
Indeed , no comment on its @ @ @ @ @ @ @ since 2010 .
( See below . )
The gold involved in the swap is supplied to the BIS by bullion banks and then deposited in BIS-member central banks , like the Federal Reserve .
The BIS ’ use of gold swaps and derivatives has been extensive this year , with September ’ s level being the highest since August 2018 as highlighted in Table B below .
By contrast , in May 2019 the bank was carrying only 78 tonnes in swaps .
The September estimate of the bank ’ s gold @ @ @ @ @ @ @ of swaps reported by the BIS at its March year-end since March 2010 .
Based on a review of the bank ’ s annual reports , it seems that the BIS was not involved in gold swaps for at least 10 years prior to 2010 .
As can be seen in Table A , the BIS has used gold swaps extensively since its financial year 2009-10 .
The BIS rarely comments publicly on its banking activities , but its first use of gold swaps was considered important enough to cause the bank to @ @ @ @ @ @ @ Times for an article published July 29 , 2010 , coinciding with publication of the bank ’ s 2009-10 annual report .
The general manager of the BIS at the time , Jaime Caruana , said the gold swaps were “ regular commercial activities ” for the bank , and he confirmed that they were all carried out with commercial banks and so did not involve other central banks .
Hence it is reasonably likely that the current level of gold swaps is the highest use of them by the BIS for at @ @ @ @ @ @ @ create a mismatch at the BIS , which ends up being long unallocated gold ( the gold held in BIS sight accounts at major central banks ) and short allocated gold ( gold required to be returned to swap counterparties ) .
This mismatch has not yet been reported as such in the bank ’ s annual reports .
The table below reports the estimated swap levels since August 2018 .
It can be seen that the BIS is actively trading gold swaps and other gold derivatives with changes from month to month @ @ @ @ @ @ @ this period .
* The estimate originally reported by GATA was 332 tonnes , but the BIS Annual Report states 326 tonnes .
It is believed that this difference arose because the gold price used to calculate the GATA estimate was lower than the price used by the BIS .
GATA uses gold prices quoted by USAGold.com to estimate the level of gold swaps held by the BIS at month-ends .
As noted already , in recent times the BIS has refused to explain its activities in the gold market , nor for @ @ @ @ @ @ @ the BIS is almost certainly acting for central banks , as they are the bank ’ s owners and control its Board of Directors .
This refusal to explain prompts some observers to believe that the BIS acts as an agent for central banks intervening surreptitiously in the gold and currency markets , providing those central banks with access to gold as well as protection from exposure of their interventions .
Robert Lambourne is a retired business executive in the United Kingdom who consults with GATA about the involvement of the Bank for @ @ @ @ @ @ @ * * * Wine carrying the label of the Gold Anti-Trust Action Committee , cases of which were awarded to three lucky donors in GATA ’ s recent fundraising campaign , are now available for purchase by the case from Fay J Winery LLC in Texarkana , Texas .
Each case has 12 bottles and the cost is $ 240 , which includes shipping via Federal Express .
Here ’ s what the bottles look like : Buyers can compose their case by choosing as many as four varietals from the list here @ @ @ @ @ @ @ each case of GATA-label wine sold .
So if you like wine and buy it anyway , why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals ?
To order a case of GATA-label wine , please e-mail Fay J Winery at bagman1236 @ aol.com .
“ Rigged ” is a concise explanation of government ’ s currency market rigging policy and extensively credits GATA ’ s work exposing it .
Ten percent of sales proceeds are contributed to GATA .
Buy @ @ @ @ @ @ @ — — or for an additional $ 3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert @ comcast.net .
Help keep GATA going : GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code .
Its e-mail dispatches are free , and you can subscribe at : To contribute to GATA , please visit :

By Robert Lambourne via GATA
By Robert Lambourne
Monday, November 9, 2020
The recently reported October statement of account of the Bank for International Settlements —
www.bis.org/banking/balsheet/statofacc201031.pdf
— discloses that the bank’s use of gold swaps decreased by 1 tonne from September to an estimated 519 tonnes, remaining near the bank’s record use of such swaps.
To put this into context, the bank’s volume of gold swaps remains larger than the 504 tonnes of gold held by the European Central Bank. No explanation for this continuing high level of swaps has been published by the BIS. Indeed, no comment on its use of gold swaps has been offered since 2010. (See below.)
The gold involved in the swap is supplied to the BIS by bullion banks and then deposited in BIS-member central banks, like the Federal Reserve.
The BIS’ use of gold swaps and derivatives has been extensive this year, with September’s level being the highest since August 2018 as highlighted in Table B below. By contrast, in May 2019 the bank was carrying only 78 tonnes in swaps.
The September estimate of the bank’s gold swaps is also higher than any level of swaps reported by the BIS at its March year-end since March 2010. Based on a review of the bank’s annual reports, it seems that the BIS was not involved in gold swaps for at least 10 years prior to 2010.
As can be seen in Table A, the BIS has used gold swaps extensively since its financial year 2009-10.
—–
Table A
March 2010: 346 tonnes.
March 2011: 409 tonnes.
March 2012: 355 tonnes.
March 2013: 404 tonnes.
March 2014: 236 tonnes.
March 2015: 47 tonnes.
March 2016: 0 tonnes.
March 2017: 438 tonnes.
March 2018: 361 tonnes.
—–
The BIS rarely comments publicly on its banking activities, but its first use of gold swaps was considered important enough to cause the bank to give some background information to the Financial Times for an article published July 29, 2010, coinciding with publication of the bank’s 2009-10 annual report.
The general manager of the BIS at the time, Jaime Caruana, said the gold swaps were “regular commercial activities” for the bank, and he confirmed that they were all carried out with commercial banks and so did not involve other central banks.
Hence it is reasonably likely that the current level of gold swaps is the highest use of them by the BIS for at least 20 years.
The swap transactions create a mismatch at the BIS, which ends up being long unallocated gold (the gold held in BIS sight accounts at major central banks) and short allocated gold (gold required to be returned to swap counterparties).
This mismatch has not yet been reported as such in the bank’s annual reports.
The table below reports the estimated swap levels since August 2018. It can be seen that the BIS is actively trading gold swaps and other gold derivatives with changes from month to month reported in excess of 100 tonnes in this period.
—–
Table B
Month ….. Swaps
& year .. in tonnes
Oct-20 ….. / 519
Sep-20…../ 520
Aug-20…../ 484
Jul-20 ….. / 474
Jun-20 …. / 391
May-20 …. / 412
Apr-20 …. / 328
Mar-20 …. / 326*
Feb-20 …. / 326
Jan-20 …. / 320
Dec-19 …. / 313
Nov-19 …. / 250
Oct-19 …. / 186
Sep-19 …. / 128
Aug-19 …. / 162
Jul-19 ….. / 95
Jun-19 …. / 126
May-19 …. / 78
Apr-19 ….. / 88
Mar-19 …. / 175
Feb-19 …. / 303
Jan-19 …. / 247
Dec-18 …. / 275
Nov-18 …. / 308
Oct-18 …. / 372
Sep-18 …. / 238
Aug-18 …. / 370
* The estimate originally reported by GATA was 332 tonnes, but the BIS Annual Report states 326 tonnes. It is believed that this difference arose because the gold price used to calculate the GATA estimate was lower than the price used by the BIS. GATA uses gold prices quoted by USAGold.com to estimate the level of gold swaps held by the BIS at month-ends.
—–
As noted already, in recent times the BIS has refused to explain its activities in the gold market, nor for whom the bank is acting:
We are primarily funded by readers. Please subscribe and donate to support us!
www.gata.org/node/17793
But the BIS is almost certainly acting for central banks, as they are the bank’s owners and control its Board of Directors.
This refusal to explain prompts some observers to believe that the BIS acts as an agent for central banks intervening surreptitiously in the gold and currency markets, providing those central banks with access to gold as well as protection from exposure of their interventions.
—–
Robert Lambourne is a retired business executive in the United Kingdom who consults with GATA about the involvement of the Bank for International Settlements in the gold market.
* * *
Join GATA here:
Mining Investment North America (Virtual)
Wednesday-Thursday, November 11-12, 2020
www.mininginvestmentnorthamerica.com/
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA’s recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here’s what the bottles look like:
www.gata.org/files/GATA-4-wine-bottles.jpg
Buyers can compose their case by choosing as many as four varietals from the list here:
www.gata.org/files/FayJWineryVarietals.jpg
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.
Support GATA by purchasing
Stuart Englert’s “Rigged”
“Rigged” is a concise explanation of government’s currency market rigging policy and extensively credits GATA’s work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon —
www.amazon.com/Rigged-Exposing-Largest-Financial-History/dp/1651…
— or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
www.gata.org
To contribute to GATA, please visit:
www.gata.org/node/16


investmentwatchblog--2020-11-10--Biden Reportedly Violating Logan Act … Speaking With World Leaders About US Policy

LOGAN ACT VIOLATION : Ben Rhodes outs Joe Biden , says he ’ s already having phone calls with foreign @ @ @ @ @

LOGAN ACT VIOLATION: Ben Rhodes outs Joe Biden, says he’s already having phone calls with foreign leaders about policy t.co/SHLMnJ8OEB pic.twitter.com/2iCQh4ojYW
— ✟ Right Scoop ✟ (@trscoop) November 10, 2020


investmentwatchblog--2020-11-10--Detroit Poll Challenger Witnessed Election Workers Counting Ballots For ‘Non-eligible’ Voters, Then

Not just your average poll watcher , either .
He ’ s a former assistant attorney general .
He ’ s filed a sworn affidavit .
Detroit Poll Challenger Witnessed Election Workers Counting Ballots For ‘ Non-eligible ’ Voters , Then Kicked Out For Noticing By Jordan Davidson | November 9 , 2020 ( thefederalist.com ) – An affidavit from a Republican poll challenger in Detroit , Michigan confirms there may be voter fraud in the state .
Former Michigan Assistant Attorney General Zachary Larsen testified that at the convention center in downtown Detroit , election officials appeared to be @ @ @ @ @ @ @ ballots from ineligible voters that were not listed in the poll book of eligible voters , nor Larsen ’ s scanned list .
Larsen confirmed in the affidavit that he had heard similar reports from other concerned poll challengers as well .
When Larsen tried to shift positions to get a better visual on the poll book on the computer screen and the mail-in envelopes to confirm his suspicions , he was “ loudly and aggressively ” scolded for not social distancing by standing at least six feet away from the election official @ @ @ @ @ @ @ s reprimands saying that he couldn ’ t see to verify the eligibility of the voters ’ ballots which were being counted , but the worker told him he had to stand with the computer screen out of his view .
Despite being allowed to observe from an “ equivalent distance from poll books ” on Election Day in other precincts such as both Lansing and East Lansing , Larsen was asked to leave the premises after the official summoned their supervisor who demanded he stand six feet away .
The documents also @ @ @ @ @ @ @ social distancing , the supervisor was sitting approximately three feet away from the other officials , thus breaking their own social distancing rule .
Larsen left to fill out a challenge and talk with an another attorney .
Shortly after he left , the document states that no new poll challengers were allowed in the counting room and he was also prohibited from re-entering .
“ Election officials never allowed Mr. Larsen to re-enter the counting room to fulfill his duties as a poll challenger after he had discovered the fraud which was @ @ @ @ @ @ @ Larsen ’ s affidavit also is found in this thread from Fox News ’ Matt Finn :

Not just your average poll watcher, either. He’s a former assistant attorney general. He’s filed a sworn affidavit.
———-
Detroit Poll Challenger Witnessed Election Workers Counting Ballots For ‘Non-eligible’ Voters, Then Kicked Out For Noticing
By Jordan Davidson | November 9, 2020
(thefederalist.com) – An affidavit from a Republican poll challenger in Detroit, Michigan confirms there may be voter fraud in the state.
Former Michigan Assistant Attorney General Zachary Larsen testified that at the convention center in downtown Detroit, election officials appeared to be processing a “majority” of mail-in ballots from ineligible voters that were not listed in the poll book of eligible voters, nor Larsen’s scanned list. Larsen confirmed in the affidavit that he had heard similar reports from other concerned poll challengers as well.
Read this sworn affidavit from GOP poll challenger, and former Assistant AG for Michigan, Zachary Larsen, on the alleged fraud he observed in Detroit. This is Third World stuff, and every American should be outraged if these allegations are true t.co/63nLXJxAZF pic.twitter.com/9WbamMw4Yc — Benjamin Weingarten (@bhweingarten) November 9, 2020
When Larsen tried to shift positions to get a better visual on the poll book on the computer screen and the mail-in envelopes to confirm his suspicions, he was “loudly and aggressively” scolded for not social distancing by standing at least six feet away from the election official.
Larsen protested the election official’s reprimands saying that he couldn’t see to verify the eligibility of the voters’ ballots which were being counted, but the worker told him he had to stand with the computer screen out of his view.
Despite being allowed to observe from an “equivalent distance from poll books” on Election Day in other precincts such as both Lansing and East Lansing, Larsen was asked to leave the premises after the official summoned their supervisor who demanded he stand six feet away.
The documents also notes that, despite their insistence about social distancing, the supervisor was sitting approximately three feet away from the other officials, thus breaking their own social distancing rule.
We are primarily funded by readers. Please subscribe and donate to support us!
Larsen left to fill out a challenge and talk with an another attorney. Shortly after he left, the document states that no new poll challengers were allowed in the counting room and he was also prohibited from re-entering.
“Election officials never allowed Mr. Larsen to re-enter the counting room to fulfill his duties as a poll challenger after he had discovered the fraud which was taking place,” the affidavit said…
READ MORE:
thefederalist.com/2020/11/09/detroit-poll-challenger-witnessed-election-workers-counting-ballots-for-non-eligible-voters/
Screenshots of affidavit at link:
therightscoop.com/breaking-michigan-election-fraud-lawsuit-filed-with-sworn-affidavits-detailing-major-voter-fraud/
Larsen’s affidavit also is found in this thread from Fox News’ Matt Finn:
NEW: election fraud lawsuit was filed in Detroit with affidavits alleging backdating ballots, no matching signatures. It includes an affidavit from a city employee claiming she was asked to backdate ballots: — Matt Finn (@MattFinnFNC) November 9, 2020
Sworn affidavit from a Republican poll challenger, Zachary Larsen, a former Assistant AG: pic.twitter.com/vvOHc4rAEf — Matt Finn (@MattFinnFNC) November 9, 2020
The lawsuit is asking all evidence including computers and documents to be immediately preserved and for the certification of votes to pause. — Matt Finn (@MattFinnFNC) November 9, 2020
h/t Dulcius


investmentwatchblog--2020-11-10--UK hours worked have fallen 12% since the Covid-19 pandemic began

This morning has brought the focus back on the UK and the labour market release has brought some better news .
Sadly the unemployment numbers are meaningless right now so we need to switch to the hours worked data for any realistic view .
Between April to June 2020 and July to September 2020 , total actual weekly hours worked in the UK saw a record increase of 83.1 million , or 9.9 % , to 925.0 million hours .
Average actual weekly hours worked saw a record increase of 2.7 hours on the quarter to 28.5 hours .
This @ @ @ @ @ @ @ fullish set of data for the third quarter as we do not get the Gross Domestic Product or GDP numbers until Thursday .
Will they also show a bounce of around 10 % ?
Our official statisticians seem to have lost a bit of faith in their own figures as they quote the Markit PMI as back up .
Perhaps they are unaware of the reduction in credibility for that series .
However we can sweep this section up by noting that whilst we have much better news we are in a situation @ @ @ @ @ @ @ the numbers are still 12 % below the pre pandemic peak of 1,052.2 million hours .
We had feared a rise in these , and sadly they have been coming .
In terms of what they tell us ?
We have an issue because we were seeing rises ahead of the further wind down and then end of the Furlough scheme which then saw a U-Turn extension to March .
So much for another form of Forward Guidance .
So the real message here is somewhat confused .
This is a new innovation @ @ @ @ @ @ @ to that extent it helps as we get a signal for October .
These numbers have proved useful for a direction of travel but again due to the furlough scheme are much too low in scale .
Also the wages numbers are best filed in the recycling bin .
What they are most likely telling us in that job losses have been concentrated in the lower paid which has skewed the series .
Sadly the BBC seems not to be aware that these numbers are way of the mark and so are actively @ @ @ @ @ @ @ the furlough scheme .
Following international guidelines has led us up the garden path .
We can now switch to the price of labour where according to out official statisticians there has also been some better news .
As you can see below there were hard times still for some sectors .
Actually the construction numbers seem curious as in my part of London it all seems to have got going again , but as ever London may not be a good guide .
We can see who is doing relatively well by @ @ @ @ @ @ @ numbers which are for September .
Here we see public-sector total pay was up 4.4 % on a year ago .
Also that the services sector has risen to 3,5 % .
Switching to manufacturing we see that annual growth has finally become positive but is at a mere 0.6 % .
The improvement has followed through into the real wages data at least according to the Office for National Statistics .
In terms of actual pay those numbers mean this .
It may be notably higher than June but is still below @ @ @ @ @ @ @ for the constant price series from February 2008 .
Actually that number looks a bit of a freak or more formally an outlier but even if we discount it we are still below some of the others from around then .
We find ourselves again mulling the way that conventional economic metrics have failed us .
To be specific we see that underemployment measures are much more useful that unemployment ones as a 12 % fall in hours worked gives a much more realistic picture than a 4.8 % unemployment rate .
In @ @ @ @ @ @ @ will clash with the November lock down and thus get worse .
Although with the Hopium provided by the positive vaccine news from Pfizer there are now more realistic hopes for a better 2021 .
Switching to the wages numbers I think there is a compositional effect making them also unreliable or rather more unreliable than usual .
We even have an official denial to confirm this .
In my opinion the numbers are not accurate enough to claim that .
So we know more but much less than some try to claim @ @ @ @ @ @ @ 4.8 % unemployment rate ( and thereby believing it ) surely they should be pushing for the Bank of England to raise interest-rates as it is well below the levels it was supposed to ?

by Shaun Richards
This morning has brought the focus back on the UK and the labour market release has brought some better news. Sadly the unemployment numbers are meaningless right now so we need to switch to the hours worked data for any realistic view.
Between April to June 2020 and July to September 2020, total actual weekly hours worked in the UK saw a record increase of 83.1 million, or 9.9%, to 925.0 million hours. Average actual weekly hours worked saw a record increase of 2.7 hours on the quarter to 28.5 hours.
This is our first real look at a fullish set of data for the third quarter as we do not get the Gross Domestic Product or GDP numbers until Thursday. Will they also show a bounce of around 10%? Our official statisticians seem to have lost a bit of faith in their own figures as they quote the Markit PMI as back up.
The IHS Markit states that the recovery in business activity, which continued across the manufacturing and service sectors in September 2020, reflects the record increase in total hours worked on the quarter to September.
Perhaps they are unaware of the reduction in credibility for that series. However we can sweep this section up by noting that whilst we have much better news we are in a situation described by Foreigner.
But I’m a long, long way from home
That is because the numbers are still 12% below the pre pandemic peak of 1,052.2 million hours.
Redundancies
We had feared a rise in these, and sadly they have been coming.
Redundancies increased in July to September 2020 by 195,000 on the year, and a record 181,000 on the quarter, to a record high of 314,000 (Figure 3). The annual increase was the largest since February to April 2009.
In terms of what they tell us? We have an issue because we were seeing rises ahead of the further wind down and then end of the Furlough scheme which then saw a U-Turn extension to March. So much for another form of Forward Guidance. So the real message here is somewhat confused.
Using the tax system
This is a new innovation designed to give more timely data and to that extent it helps as we get a signal for October.
Early estimates for October 2020 indicate that the number of payrolled employees fell by 2.6% compared with October 2019, which is a fall of 763,000 employees……..In October 2020, 33,000 fewer people were in payrolled employment when compared with September 2020 and 782,000 fewer people were in payrolled employment when compared with March 2020.
These numbers have proved useful for a direction of travel but again due to the furlough scheme are much too low in scale. Also the wages numbers are best filed in the recycling bin.
Early estimates for October 2020 indicate that median monthly pay increased by 4.6%, compared with the same period of the previous year.
What they are most likely telling us in that job losses have been concentrated in the lower paid which has skewed the series.
Unemployment
Sadly the BBC seems not to be aware that these numbers are way of the mark and so are actively misleading.
The UK’s unemployment rate rose to 4.8% in the three months to September, up from 4.5%, as coronavirus continued to hit the jobs market.
The reason for that is the furlough scheme.
We are primarily funded by readers. Please subscribe and donate to support us!
Experimental estimates based on returns for individual weeks show that the number of people temporarily away from work rose to around 7.9 million people in April 2020 but has fallen to around 3.9 million people in September 2020. There were also around 210,000 people away from work because of the pandemic and receiving no pay in September 2020; this has fallen from around 658,000 in April 2020.
Following international guidelines has led us up the garden path.
Under this definition, employment includes both those who are in work during the reference period and those who are temporarily away from a job.
Wages
We can now switch to the price of labour where according to out official statisticians there has also been some better news.
Annual growth in employee pay continued to strengthen as more employees returned to work from furlough, but pay growth was still subdued as some workers remained furloughed and employers were paying less in bonuses…..Growth in average total pay (including bonuses) among employees for the three months July to September 2020 increased to 1.3%, and growth in regular pay (excluding bonuses) increased to 1.9%.
As you can see below there were hard times still for some sectors.
During the early summer months, the industry sectors accommodation and food services and construction had seen the largest falls in pay, down more than 10% in April to June; in July to September, both recovered some loss although their average total pay growth remained down, at negative 1.8% and negative 3.9% respectively.
Actually the construction numbers seem curious as in my part of London it all seems to have got going again, but as ever London may not be a good guide.
We can see who is doing relatively well by switching to the most recent single month numbers which are for September. Here we see public-sector total pay was up 4.4% on a year ago. Also that the services sector has risen to 3,5%. Switching to manufacturing we see that annual growth has finally become positive but is at a mere 0.6%.
The improvement has followed through into the real wages data at least according to the Office for National Statistics.
In real terms, total pay in July to September grew at a faster rate than inflation, at positive 0.5%, and regular pay growth in real terms was also positive, at 1.2%.
In terms of actual pay those numbers mean this.
For September 2020, average total pay, before tax and other deductions, for employees in Great Britain was estimated at £553 per week in nominal terms. When expressed in real terms (constant 2015 prices), the figure in September 2020 was £509 per week, notably higher than the £488 per week estimated in June 2020.
It may be notably higher than June but is still below the pre credit crunch peak of £522 for the constant price series from February 2008. Actually that number looks a bit of a freak or more formally an outlier but even if we discount it we are still below some of the others from around then.
Comment
We find ourselves again mulling the way that conventional economic metrics have failed us. To be specific we see that underemployment measures are much more useful that unemployment ones as a 12% fall in hours worked gives a much more realistic picture than a 4.8% unemployment rate. In the short-term the improvement in the situation will clash with the November lock down and thus get worse. Although with the Hopium provided by the positive vaccine news from Pfizer there are now more realistic hopes for a better 2021.
Switching to the wages numbers I think there is a compositional effect making them also unreliable or rather more unreliable than usual. We even have an official denial to confirm this.
that is, if the profile (percentage within each industry) of employee jobs had not changed between July to September 2019 and July to September 2020, the estimates of growth in total pay and regular pay would have been 0.1% lower than reported in this bulletin.
In my opinion the numbers are not accurate enough to claim that. So we know more but much less than some try to claim.
By the way those pushing the 4.8% unemployment rate ( and thereby believing it) surely they should be pushing for the Bank of England to raise interest-rates as it is well below the levels it was supposed to?