investmentwatchblog--2020-08-03--ARREST HER NOW! Look Where HUNDREDS of THOUSANDS Of Ilhan Omar’s Campaign Money Ended Up

The Washington Free Beacon reports , Rep. Ilhan Omar ( D. , Minn. ) funneled an additional $ 606,000 to @ @ @ @ @ in the first three weeks of July alone , according to new campaign filings .

The Washington Free Beacon reports, Rep. Ilhan Omar (D., Minn.) funneled an additional $606,000 to her husband’s firm in the first three weeks of July alone, according to new campaign filings.
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Read More/Source/Credit/FairUse:
freebeacon.com/2020-election/…


investmentwatchblog--2020-08-03--THIS is the Worst Economic Data Ever Recorded as Epic Level Crisis Will Change Everything

We are now living in truly historic times .
We are breaking records everyday for better or for worse .
But it seems to be desensitizing people to how shocking the data truly is .
Millions of people are out of work but we just ignore it because don ’ t worry it will be fine .
We look at companies literally bringing expectations of revenue to the floor and then beating it and sending the stocks surging .
Stock buybacks for tech companies still abnormally high , central banks devaluing currencies , and more debt than could ever be @ @ @ @ @ @ @ .
U.S .
Restaurant Closures : One-Third of Eateries Could Shut Permanently – Bloomberg $ 600 Unemployment Extension : Where Workers Need the Money the Most Las Vegas COVID-19 recovery may take 18 to 36 months , analyst says | Las Vegas Review-Journal LA ’ s California Pizza Kitchen Now in Bankruptcy Because of Coronavirus – Eater LA Small Business Owners Are Leaning on Credit Cards to Survive Almost 30 Million in U.S.
Didn ’ t Have Enough to Eat Last Week – Bloomberg U.S. Gets a Debt Warning From Fitch as Stimulus @ @ @ @ @ @ @ Week Opens With Spot Price Near $ 2,000 – Bloomberg BoI to charge people for holding their pensions Two Ex-Fed Officials Offer a Faster Way to Make Stimulus Payments – Bloomberg

We are now living in truly historic times. We are breaking records everyday for better or for worse. But it seems to be desensitizing people to how shocking the data truly is. Millions of people are out of work but we just ignore it because don’t worry it will be fine. We look at companies literally bringing expectations of revenue to the floor and then beating it and sending the stocks surging. Stock buybacks for tech companies still abnormally high, central banks devaluing currencies, and more debt than could ever be paid back. What a wild ride.
U.S. Restaurant Closures: One-Third of Eateries Could Shut Permanently – Bloomberg
www.bloomberg.com/news/articles/2020-07-31/one-third-of-u-s-restaurants-face-permanent-closure-this-year
$600 Unemployment Extension: Where Workers Need the Money the Most
www.bloomberg.com/graphics/2020-unemployment-benefits/?sref=V47xycDY
Las Vegas COVID-19 recovery may take 18 to 36 months, analyst says | Las Vegas Review-Journal
www.reviewjournal.com/business/tourism/analyst-las-vegas-covid-19-recovery-may-take-18-to-36-months-2083247/
Dunkin’ could close 1,150 global locations
www.restaurantbusinessonline.com/financing/dunkin-could-close-1150-global-locations?utm_source=Marketo&utm_medium=email&utm_campaign=NL_RB_Alert_07-30-20&LID=15687345&mkt_tok=eyJpIjoiTXpnelpHUXpZamRsTTJJMyIsInQiOiJ5d0kyNlgrQm91bVJqK2RuQk5QQ3k0cDNvc25qM2pnSVVhdGJvVWNycFNabTB1Y3gwSURFRnNkNXArNGhsNTN6ZWM0XC95NlptVTJnK2NidTdtdTN4SFlQS0t3VlZ2Z0g2NFRrOGZjZGtLY2RLS1pvNFR5dXM1aklKQkZlVDR4RVQifQ%3D%3D
LA’s California Pizza Kitchen Now in Bankruptcy Because of Coronavirus – Eater LA
la.eater.com/2020/7/30/21348457/california-pizza-kitchen-bankruptcy-covid-coronavirus-pandemic-closing-news
Small Business Owners Are Leaning on Credit Cards to Survive
www.msn.com/en-us/money/other/small-business-owners-are-leaning-on-credit-cards-to-survive/ar-BB17q2Mg
Caterpillar Inc. – Financials – Retail Statistics
investors.caterpillar.com/financials/retail-statistics/default.aspx
CAT june 2020 sales detail.jpg (1127×793)
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www.zerohedge.com/s3/files/inline-images/CAT%20june%202020%20sales%20detail.jpg?itok=Ilpl29sR
CAT north america june 2020.jpg (1127×793)
www.zerohedge.com/s3/files/inline-images/CAT%20north%20america%20june%202020.jpg?itok=XDkGFl3U
Almost 30 Million in U.S. Didn’t Have Enough to Eat Last Week – Bloomberg
www.bloomberg.com/news/articles/2020-07-29/almost-30-million-in-u-s-didn-t-have-enough-to-eat-last-week?srnd=premium
U.S. Gets a Debt Warning From Fitch as Stimulus Battle Rages
www.msn.com/en-us/money/markets/united-states-outlook-revised-to-negative-from-stable-by-fitch/ar-BB17qy05
MS M2.jpg (888×573)
www.zerohedge.com/s3/files/inline-images/MS%20M2.jpg?itok=-0_-DC3K
Gold Surges to Record as Week Opens With Spot Price Near $2,000 – Bloomberg
www.bloomberg.com/news/articles/2020-08-03/gold-surges-to-record-as-week-opens-with-spot-price-near-2-000
BoI to charge people for holding their pensions
www.irishexaminer.com/business/arid-40025060.html
Two Ex-Fed Officials Offer a Faster Way to Make Stimulus Payments – Bloomberg
www.bloomberg.com/news/articles/2020-08-01/two-ex-fed-officials-offer-a-faster-way-to-make-stimulus-payments


investmentwatchblog--2020-08-03--Supply chain issues from an insider.

Supply chain issues from an insider.

Employed by Major Home Improvement retailer .
Been informed that we are going to have way worse shortages than we @ @ @ @ @ .
The company is scrambling to conduct sweeping remodels of the “ floor ” to @ @ @ @ @ empty shelves and drop zones .
We received reporting that showed us our “ get @ @ @ @ @ that we ran out of and they came and went and we are still out @ @ @ @ @ .
In fact over the next couple months you will be seeing major remodels in @ @ @ @ @ know it when you see it .
It ’ s to maintain planogram integrity while @ @ @ @ @ full ” and investors happy .
This is only the beginning so it will most @ @ @ @ @ essential items .
Disclaimer : This is a guest post and it doesn ’ t @ @ @ @ @ IWB .

by JimmyBones
Employed by Major Home Improvement retailer. Been informed that we are going to have way worse shortages than we already have or had anticipated.
The company is scrambling to conduct sweeping remodels of the “floor” to help offset the look of empty shelves and drop zones.
We received reporting that showed us our “get healthy” dates on stock that we ran out of and they came and went and we are still out of important items and material.
We are primarily funded by readers. Please subscribe and donate to support us!
In fact over the next couple months you will be seeing major remodels in store. You’ll know it when you see it. It’s to maintain planogram integrity while keeping the stores “looking full” and investors happy.
This is only the beginning so it will most assuredly impact food and other essential items.
Get bulked out.
Disclaimer: This is a guest post and it doesn’t necessarily represent the views of IWB.


investmentwatchblog--2020-08-03--Millions of Germans marching against covid restrictions. No riots.

Barr : ‘ Peaceful Protesters Do Not Throw Explosives Into Courthouses ’ Attorney General William Barr gives a forceful defense of the rule-of-law in prepared remarks to today ’ s Judiciary Committee meeting released Monday night , while blasting politicians and the media for their lack of response to the ongoing violence in Portland .
“ In the wake of George Floyd ’ s death , violent rioters and anarchists have hijacked legitimate protests to wreak senseless havoc and destruction on innocent victims , ” Barr wrote in his remarks .
He marks the Portland riots as a telling example @ @ @ @ @ @ @ courthouse can not reasonably be called a protest ; it is , by any objective measure , an assault on the Government of the United States.
” After describing the carnage within the city , Barr calls out politicians and media for their failure to condemn the violence .
“ To state what should be obvious , peaceful protesters do not throw explosives into federal courthouses , tear down plywood with crowbars , or launch fecal matter at federal officers .
Such acts are in fact federal crimes under statutes enacted by this @ @ @

Funny how that works…
Meanwhile, in America…
Barr: ‘Peaceful Protesters Do Not Throw Explosives Into Courthouses’
Attorney General William Barr gives a forceful defense of the rule-of-law in prepared remarks to today’s Judiciary Committee meeting released Monday night, while blasting politicians and the media for their lack of response to the ongoing violence in Portland.
“In the wake of George Floyd’s death, violent rioters and anarchists have hijacked legitimate protests to wreak senseless havoc and destruction on innocent victims,” Barr wrote in his remarks.
He marks the Portland riots as a telling example: “What unfolds nightly around the courthouse cannot reasonably be called a protest; it is, by any objective measure, an assault on the Government of the United States.”
After describing the carnage within the city, Barr calls out politicians and media for their failure to condemn the violence. “To state what should be obvious, peaceful protesters do not throw explosives into federal courthouses, tear down plywood with crowbars, or launch fecal matter at federal officers. Such acts are in fact federal crimes under statutes enacted by this Congress.”


investmentwatchblog--2020-08-04--Your Phone Is Spying On You, And Companies Are Generating Secret “Surveillance Scores” Based On That

Your Phone Is Spying On You, And Companies Are Generating Secret “Surveillance Scores” Based On That Information

Nothing that you do on your phone is private .
In this day and age , most of us have become extremely dependent on our phones , and most Americans never even realize that these extremely sophisticated little devices are gathering mountains of information on each one of us .
Your phone knows what you look like , it knows the sound of your voice , it knows where you have been , it knows where you have shopped , it knows your Internet searches and it knows what you like to do in your free time .
In fact @ @ @ @ @ @ @ things about you , and all of that information is bought and sold every single day without you knowing .
And as you will see below , there are lots of companies out there that use information collected from our phones to create secret “ surveillance scores ” that are used for a whole host of alarming purposes .
It is really important to understand that your phone is a surveillance device .
The reason why the advertisements on your phone seem so perfectly tailored for you is because of all the information @ @ @ @ @ @ @ previously .
To this day , many people are still amazed when they see an ad pop up for something that they were just talking with a friend about , but that doesn ’ t happen by accident .
The following comes from Fox News… Industry experts insist that our phones are not actively “ eavesdropping ” on us , but they do admit that our phones are “ actually spying on us ” in other ways… “ It ’ s easy to feel like our phone is spying on us .
It @ @ @ @ @ @ @ it is not eavesdropping , ” Alex Hamerstone , Government , Risk and Compliance practice lead at information technology security firm , TrustedSec , told Fox News via email .
“ The reason why we see ads pop up that seem to be correlated to the exact thing we were just talking about is because technology and marketing companies gather extensive amounts of personal and behavioral data on us , but it ’ s not from eavesdropping — it ’ s from surfing the web , shopping , posting on social media , @ @ @ @ @ @ @ Most Americans have come to accept targeted ads as a part of life , but what most people don ’ t realize is that the information our phones gather is being used for far more intrusive purposes .
“ Surveillance scores ” are being created , and these “ surveillance scores ” seem quite similar to the “ social credit scores ” that China has been compiling since 2014 .
In China , if you do good things like paying your taxes or taking a parent to the doctor , your social credit @ @ @ @ @ @ @ are also lots of things that will cause your social credit score to go down… And if your social credit score gets too low , the consequences can be quite dramatic… Here in the United States , private companies are doing something very similar .
Information collected from our phones is being used to create secret “ surveillance scores ” , and selling those scores has become very big business .
The following comes from the Houston Chronicle… And just like China ’ s system , high scores come with rewards and low @ @ @ @ @ @ @ , your scores can determine whether or not someone will rent a property to you , whether or not you will be hired for a job , and even how long you will have to wait for customer service… CoreLogic and TransUnion say that scores they peddle to landlords can predict whether a potential tenant will pay the rent on time , be able to “ absorb rent increases , ” or break a lease .
Large employers use HireVue , a firm that generates an “ employability ” score about candidates by @ @ @ @ @ @ @ , ” including a person ’ s facial expressions and voice intonations .
Other employers use Cornerstone ’ s score , which considers where a job prospect lives and which web browser they use to judge how successful they will be at a job .
Brand-name retailers purchase “ risk scores ” from Retail Equation to help make judgments about whether consumers commit fraud when they return goods for refunds .
Players in the gig economy use outside firms such as Sift to score consumers ’ “ overall trustworthiness.
” Wireless customers predicted @ @ @ @ @ @ @ to endure longer customer service hold times .
To me , all of this is extremely creepy .
Eventually , it may get to a point where you are basically a societal outcast if you are not willing to conform to a particular set of politically-correct standards , values and behaviors .
You may not get thrown in jail the moment you do something “ unacceptable ” , but your phone will be watching you every step of the way .
Each mistake that you make will be recorded by your phone , @ @ @ @ @ @ @ used against you for the rest of your life .
I know that all of this sounds very strange , but without a doubt we are living in very strange times .
My advice would be to only use your phone when necessary , but of course the vast majority of the population will never listen to such advice .
Most of us have become highly addicted to these marvelous little devices , and in the process we are helping the elite construct a system of surveillance and control that is unlike anything @ @ @ @ @ @ @ history .

by Michael Snyder
Nothing that you do on your phone is private. In this day and age, most of us have become extremely dependent on our phones, and most Americans never even realize that these extremely sophisticated little devices are gathering mountains of information on each one of us. Your phone knows what you look like, it knows the sound of your voice, it knows where you have been, it knows where you have shopped, it knows your Internet searches and it knows what you like to do in your free time. In fact, your phone literally knows thousands of things about you, and all of that information is bought and sold every single day without you knowing. And as you will see below, there are lots of companies out there that use information collected from our phones to create secret “surveillance scores” that are used for a whole host of alarming purposes.
It is really important to understand that your phone is a surveillance device. The reason why the advertisements on your phone seem so perfectly tailored for you is because of all the information that your phone has gathered on you previously.
To this day, many people are still amazed when they see an ad pop up for something that they were just talking with a friend about, but that doesn’t happen by accident. The following comes from Fox News…
Perhaps you’ve been talking to a friend about an island vacation, when suddenly deals for the Maldives or Hawaii pop up on your Facebook feed. Or you are talking to your co-worker about yard renovations when advertisements for lawnmowers litter your Twitter, or maybe you were talking about why you stopped drinking and a random sponsored article about the growing trend of “elective sobriety” is suddenly in front of your eyes.
Industry experts insist that our phones are not actively “eavesdropping” on us, but they do admit that our phones are “actually spying on us” in other ways…
“It’s easy to feel like our phone is spying on us. It is actually spying on us, but it is not eavesdropping,” Alex Hamerstone, Government, Risk and Compliance practice lead at information technology security firm, TrustedSec, told Fox News via email. “The reason why we see ads pop up that seem to be correlated to the exact thing we were just talking about is because technology and marketing companies gather extensive amounts of personal and behavioral data on us, but it’s not from eavesdropping — it’s from surfing the web, shopping, posting on social media, and other things people do online.”
Most Americans have come to accept targeted ads as a part of life, but what most people don’t realize is that the information our phones gather is being used for far more intrusive purposes.
“Surveillance scores” are being created, and these “surveillance scores” seem quite similar to the “social credit scores” that China has been compiling since 2014.
In China, if you do good things like paying your taxes or taking a parent to the doctor, your social credit score will go up.
But there are also lots of things that will cause your social credit score to go down…
It aims to punish for transgressions that can include membership in or support for the Falun Gong or Tibetan Buddhism, failure to pay debts, excessive video gaming, criticizing the government, late payments, failing to sweep the sidewalk in front of your store or house, smoking or playing loud music on trains, jaywalking, and other actions deemed illegal or unacceptable by the Chinese government.
And if your social credit score gets too low, the consequences can be quite dramatic…
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Punishments can be harsh, including bans on leaving the country, using public transportation, checking into hotels, hiring for high-visibility jobs, or acceptance of children to private schools. It can also result in slower internet connections and social stigmatization in the form of registration on a public blacklist.
Here in the United States, private companies are doing something very similar. Information collected from our phones is being used to create secret “surveillance scores”, and selling those scores has become very big business. The following comes from the Houston Chronicle…
Operating in the shadows of the online marketplace, specialized tech companies you’ve likely never heard of are tapping vast troves of our personal data to generate secret “surveillance scores” – digital mug shots of millions of Americans – that supposedly predict our future behavior. The firms sell their scoring services to major businesses across the U.S. economy.
And just like China’s system, high scores come with rewards and low scores come with punishments.
For example, your scores can determine whether or not someone will rent a property to you, whether or not you will be hired for a job, and even how long you will have to wait for customer service…
CoreLogic and TransUnion say that scores they peddle to landlords can predict whether a potential tenant will pay the rent on time, be able to “absorb rent increases,” or break a lease. Large employers use HireVue, a firm that generates an “employability” score about candidates by analyzing “tens of thousands of factors,” including a person’s facial expressions and voice intonations. Other employers use Cornerstone’s score, which considers where a job prospect lives and which web browser they use to judge how successful they will be at a job. Brand-name retailers purchase “risk scores” from Retail Equation to help make judgments about whether consumers commit fraud when they return goods for refunds. Players in the gig economy use outside firms such as Sift to score consumers’ “overall trustworthiness.” Wireless customers predicted to be less profitable are sometimes forced to endure longer customer service hold times.
To me, all of this is extremely creepy.
Eventually, it may get to a point where you are basically a societal outcast if you are not willing to conform to a particular set of politically-correct standards, values and behaviors.
You may not get thrown in jail the moment you do something “unacceptable”, but your phone will be watching you every step of the way.
Each mistake that you make will be recorded by your phone, and that information will be stored and used against you for the rest of your life.
I know that all of this sounds very strange, but without a doubt we are living in very strange times.
My advice would be to only use your phone when necessary, but of course the vast majority of the population will never listen to such advice.
Most of us have become highly addicted to these marvelous little devices, and in the process we are helping the elite construct a system of surveillance and control that is unlike anything ever seen before in all of human history.


investmentwatchblog--2020-08-04--Action Taken, Taxes Are Now Targeted, Pushing The [CB] To Insolvency

The economy is picking up , new vehicle sales are continually rebounding .
Trump administration is now in the process @ @ @ @ @ the US .
The patriots are pushing the Fed to be insolvent .
Get ready @ @ @ @ @ holiday , no more waiting .

The economy is picking up, new vehicle sales are continually rebounding. Trump administration is now in the process of bringing back manufacturing to the US. The patriots are pushing the Fed to be insolvent. Get ready Trump ready to push tax holiday, no more waiting.
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investmentwatchblog--2020-08-04--Here’s How To Buy The Top Stocks In The Hottest Sectors During The Covid Crisis

Tech has been the place to be during the Covid-19 crisis .
Investors Business Daily recently highlighted how one can @ @ @ @ @ strong by just owning one ETF ( See article here ) .
This chart looks @ @ @ @ @ Five index ETF ( FV ) , which reflects that it is attempting a bullish @ @ @ @ @ over the past 6-years .
The $ 2.1 billion fund tracks the Dorsey Wright Focus @ @ @ @ @ access to five First Trust sector and industry ETFs .
Dorsey Wright & Associates selects @ @ @ @ @ price momentum , then weights the components equally .
It could be termed a fund @ @ @ @ @ ; One of the top 5 holdings of this ETF is FDN ( Internet ETF @ @ @ @ @ members , due to an upside breakout back in May .
FV is testing a @ @ @ @ @ week .
If FV breaks above line ( 1 ) , look for upside momentum @ @ @ @ @ of the strong !

by Chris Kimble
Tech has been the place to be during the Covid-19 crisis. Investors Business Daily recently highlighted how one can own the strongest of the strong by just owning one ETF (See article here).
This chart looks at the Dorsey Wright Focus Five index ETF (FV), which reflects that it is attempting a bullish breakout while creating higher lows over the past 6-years.
We are primarily funded by readers. Please subscribe and donate to support us!
The $2.1 billion fund tracks the Dorsey Wright Focus Five Index, which provides access to five First Trust sector and industry ETFs. Dorsey Wright & Associates selects the funds based on relative price momentum, then weights the components equally. It could be termed a fund of funds.
Full Disclosure; One of the top 5 holdings of this ETF is FDN (Internet ETF) is currently owned by members, due to an upside breakout back in May.
FV is testing a very bullish breakout level this week. If FV breaks above line (1), look for upside momentum to continue for the strongest of the strong!


investmentwatchblog--2020-08-04--You Won’t Believe What WHO Just Admitted To! You Will Be In Agony When You Hear It!

For Links Referenced In Video See : lisahaven.news/2020/08/no-ret…

For Links Referenced In Video See: lisahaven.news/2020/08/no-ret…
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investmentwatchblog--2020-08-04--Could Gold Reach $7,000 by 2030?

Could Gold Reach $7,000 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 ” 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 @ @ @ @ @ @ @ its commodity peers underlines the 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 @ @ @ @ @ @ @ 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 has zero credit risk , assuming it is held in physical form ; it was issued by @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 @ @ @ @ @ @ @ 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 .
In order 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 @ @ @ @ @

by Arkadiusz Sieron, PhD, 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.
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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. In order 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, PhD
Sunshine Profits: Analysis. Care. Profits.


investmentwatchblog--2020-08-04--The Underground Bunker Business Is Booming As Global Events Spiral Out Of Control

This is a really good time to be selling underground bunkers .
The COVID-19 pandemic , civil unrest in major U.S. cities , and concern about what else may be coming have combined to create a tremendous amount of demand for “ survival real estate ” .
In all my years of writing , I have never seen anything like this .
I have been hearing from so many people that suddenly feel a great urgency to prepare for the total collapse of society , and quite a few of them have either recently relocated or plan to do so @ @ @ @ @ @ @ , moving entirely out of the country seems like the best option , but for most others the goal is to find a way to survive the coming chaos here in the United States .
Of course a lot of people are still tied to major population centers by their jobs , and for a lot of those individuals a “ survival bunker ” in a remote location that they can bug out to if things get crazy enough is an attractive option .
In South Dakota , one company has established the @ @ @ @ @ @ @ , and the New York Post recently interviewed a 69-year-old man named Tom Soulsby that purchased one of the very first underground bunkers in that community… For a while there , sales were not happening too briskly .
But then 2020 happened , and at this point sales of underground bunkers at Vivos xPoint are “ up over 600 percent ” … I really admire what they are trying to do , and I am sure that having major news stories done about your community helps sales , but it will also make @ @ @ @ @ @ @ do hit the fan .
Another project that has been making a lot of headlines is “ the Survival Condo ” in central Kansas .
It is completely underground , and it was originally designed to survive a nuclear war… This converted nuclear silo has been described as an “ underground skyscraper ” , and this is how author Bradley Garrett described his visit to “ Level 11 ” … It sounds quite lovely , but the units are not cheap .
In fact , prices start at more than a million dollars… @ @ @ @ @ @ @ the location is super secret , but if that is actually the case it probably is not a good idea to let reporters roam around inside the facility with a film crew .
In any event , only the ultra-wealthy will get to live there , because most Americans could never even dream of being able to afford such an elaborate bug out location .
But all of us should be doing what we can to get prepared for the hard years that are ahead , because things are about to get really @ @ @ @ @ @ @ truly unprecedented times , and what we have experienced so far is just the beginning .
As global events spiral out of control , many among the elite will be heading for their underground bunkers , and some are already there… As coronavirus infections tore across the U.S. in early March , a Silicon Valley executive called the survival shelter manufacturer Rising S Co .
He wanted to know how to open the secret door to his multimillion-dollar bunker 11 feet underground in New Zealand .
The tech chief had never used the @ @ @ @ @ @ @ to unlock it , said Gary Lynch , general manager of Texas-based Rising S Co. “ He wanted to verify the combination for the door and was asking questions about the power and the hot water heater and whether he needed to take extra water or air filters , ” Lynch said .
The businessman runs a company in the Bay Area but lives in New York , which was fast becoming the world ’ s coronavirus epicenter .
It sure must be nice to have a luxury underground bunker in New Zealand @ @ @ @ @ @ @ to have to deal with whatever is ahead right where they are currently located .
But whether you have an underground bunker or not , the truth is that challenging times are coming for all of us , and no amount of money is going to change that .

by Michael Snyder
This is a really good time to be selling underground bunkers. The COVID-19 pandemic, civil unrest in major U.S. cities, and concern about what else may be coming have combined to create a tremendous amount of demand for “survival real estate”. In all my years of writing, I have never seen anything like this. I have been hearing from so many people that suddenly feel a great urgency to prepare for the total collapse of society, and quite a few of them have either recently relocated or plan to do so in the near future. For some, moving entirely out of the country seems like the best option, but for most others the goal is to find a way to survive the coming chaos here in the United States.
Of course a lot of people are still tied to major population centers by their jobs, and for a lot of those individuals a “survival bunker” in a remote location that they can bug out to if things get crazy enough is an attractive option.
In South Dakota, one company has established the “largest survival community on Earth”, and the New York Post recently interviewed a 69-year-old man named Tom Soulsby that purchased one of the very first underground bunkers in that community…
Tom Soulsby, 69, and his wife, Mary, were one of the first to buy a bunker at Vivos xPoint — the self-proclaimed “largest survival community on Earth” — near the South Dakota town of Edgemont. In 2017, he made a $25,000 down payment and signed a 99-year land lease (with fees of $1,000 per year) to occupy an elliptical-shaped, 2,200 square-foot underground concrete bunker once used as a military fortress during World War II to store weapons and ammunition.
For a while there, sales were not happening too briskly. But then 2020 happened, and at this point sales of underground bunkers at Vivos xPoint are “up over 600 percent”…
When Soulsby signed on the dotted line, he was one of a handful of new owners. But in 2020, Vivos xPoint has become hotly sought-after real estate. The price has jumped to $35,000, says Robert Vicino, the California developer and CEO of the Vivos Group, which launched in 2008, and bunker sales are “up over 600 percent.”
I really admire what they are trying to do, and I am sure that having major news stories done about your community helps sales, but it will also make the community a target when things really do hit the fan.
Another project that has been making a lot of headlines is “the Survival Condo” in central Kansas. It is completely underground, and it was originally designed to survive a nuclear war…
The Survival Condo has a lot of the hallmarks of your standard fallout shelter. It’s underground (200 feet underground, in the middle of rural Kansas, 200 miles from Kansas City). It was built during the Cold War (as a nuclear missile launch facility). It’s also been retrofitted with nine-foot-thick reinforced concrete walls designed to survive everything from tornadoes to 12-kiloton nuclear warheads dropping half a mile away.
This converted nuclear silo has been described as an “underground skyscraper”, and this is how author Bradley Garrett described his visit to “Level 11”…
On level 11 of the Survival Condo, about 50 metres underground, Hall and I visit a 1,800 sq ft home. I have had the same feeling as walking into a bedroom in a hotel chain. The apartment has never been used. It has a Navajo print rug, a cushy white sofa set and a stone electric fireplace with a flat panel TV over it. A marble countertop extends to a bar separating the living room from the kitchen, which is filled with high-end appliances.
It sounds quite lovely, but the units are not cheap.
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In fact, prices start at more than a million dollars…
Half-floor apartments here are $1.5m (£1.2m); full-floor apartments $3m (£2.4m); and a two-level, 3,600 sq ft penthouse has sold for $4.5m (£3.6m). In total, 57 people will be living in 12 apartments, each paying an additional $5,000 (£4,000) a month in residents’ association fees. One apartment, bought with cash, is designed to feel like a log cabin, with a loft looking down on a fake fireplace flanked by a six-screen display of a snow-capped mountain range.
The company selling the units insists that the location is super secret, but if that is actually the case it probably is not a good idea to let reporters roam around inside the facility with a film crew.
In any event, only the ultra-wealthy will get to live there, because most Americans could never even dream of being able to afford such an elaborate bug out location.
But all of us should be doing what we can to get prepared for the hard years that are ahead, because things are about to get really, really crazy.
We live in truly unprecedented times, and what we have experienced so far is just the beginning.
As global events spiral out of control, many among the elite will be heading for their underground bunkers, and some are already there…
As coronavirus infections tore across the U.S. in early March, a Silicon Valley executive called the survival shelter manufacturer Rising S Co. He wanted to know how to open the secret door to his multimillion-dollar bunker 11 feet underground in New Zealand. The tech chief had never used the bunker and couldn’t remember how to unlock it, said Gary Lynch, general manager of Texas-based Rising S Co. “He wanted to verify the combination for the door and was asking questions about the power and the hot water heater and whether he needed to take extra water or air filters,” Lynch said. The businessman runs a company in the Bay Area but lives in New York, which was fast becoming the world’s coronavirus epicenter.
It sure must be nice to have a luxury underground bunker in New Zealand.
Unfortunately, most Americans are going to have to deal with whatever is ahead right where they are currently located.
But whether you have an underground bunker or not, the truth is that challenging times are coming for all of us, and no amount of money is going to change that.


investmentwatchblog--2020-08-04--Why banks may be on the verge of collapse…and we could go into a deep recession: Former FDIC Chair

Volcker Alliance Director and former Federal Deposit Insurance Corp .
Chair Sheila Bair joins the On the Move panel to @ @ @ @ @ loan obligations and the health of the banking industry .

Volcker Alliance Director and former Federal Deposit Insurance Corp. Chair Sheila Bair joins the On the Move panel to discuss the risk of collateralized loan obligations and the health of the banking industry.
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investmentwatchblog--2020-08-04--The Retail Sector in America Continues to Fall Apart. Wave of Rehiring After Economy Reopened to Fad

The Retail Sector in America Continues to Fall Apart. Wave of Rehiring After Economy Reopened to Fade in July After Viral Spiral, Banks Are Tightening Lending Standards Even as Demand for Money Falls

Job Trouble ?
Wave of Rehiring After Economy Reopened to Fade in July After Viral Spiral The engine of the @ @ @ @ @ clogged again — no thanks to the recent acceleration in coronavirus cases .
And once @ @ @ @ @ Say They Are Tightening Lending Standards Even as Demand for Money Falls From commercial real @ @ @ @ @ autos , institutions are getting tougher on giving out money compared to the second quarter @ @ @ @ @ Mall Tenants With No End in Sight : Bloomberg Every week seems to bring another @ @ @ @ @ With conditions worsening , the numbers are likely to keep climbing .
‘ A Scary @ @ @ @ @ Are Facing Bankruptcy Amid the Pandemic The retail sector in America continues to fall apart @

The engine of the U.S. economy may have gotten clogged again — no thanks to the recent acceleration in coronavirus cases. And once again American workers are…
From commercial real estate to credit cards and autos, institutions are getting tougher on giving out money compared to the second quarter
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Every week seems to bring another round of retail bankruptcies. With conditions worsening, the numbers are likely to keep climbing.
The retail sector in America continues to fall apart.
fiscal cliff hits, food bank closed pic.twitter.com/OtzhBo1PtJ — Alastair Williamson (@StockBoardAsset) August 1, 2020
CRE operators still struggling to find tenants pic.twitter.com/9lgtgKGO1v — Alastair Williamson (@StockBoardAsset) August 1, 2020


investmentwatchblog--2020-08-04--20% of all US firms have debt servicing costs higher than their profits according to DB research

20 % of all US firms have debt servicing costs higher than their profits according to DB research Small-cap # @ @ @ @ @ to # economic downturns than larger companies , took a big hit in March , @ @ @ @ @ Russell2000 is successfully , if barely , holding its uptrend line .
# smallcaps pic.twitter.com/JFjZJrBqas

20% of all US firms have debt servicing costs higher than their profits according to DB research
Small-cap #stocks, typically more sensitive to #economic downturns than larger companies, took a big hit in March, shown below. The #Russell2000 is successfully, if barely, holding its uptrend line. #smallcaps pic.twitter.com/JFjZJrBqas
— Jurrien Timmer (@TimmerFidelity) July 31, 2020


investmentwatchblog--2020-08-04--Get ready. 71% of the government debt issued this past year matures in less than 12 months. Negative

Get ready. 71% of the government debt issued this past year matures in less than 12 months. Negative interest rates are coming.

71 % of the government debt issued this past year matures in less than 12 months .
No way around @ @ @ @ @ balance is set to explode .
pic.twitter.com/7nYgKahzpi

Get ready.
71% of the government debt issued this past year matures in less than 12 months.
Treasury Bills’ outstanding shot up to $5 trillion!
No way around this…
The Fed’s balance is set to explode. pic.twitter.com/7nYgKahzpi
— Otavio (Tavi) Costa (@TaviCosta) August 1, 2020


investmentwatchblog--2020-08-04--Home ownership at it’s highest level since 2009. Rise in Q2 was higher than multiple years.

Look at that V shape !
Terrific economy .
Amazing .
The best in the world .
Okay , in @ @ @ @ @ we go long on suburbia ?
The trend will probably keep going up and surpass @ @ @ @ @ were the ones hit hardest by COVID – Craziest riots took place in the cities @ @ @ @ @ since some cities actually defunded the police ( LOL ! )
– A lot of @ @ @ @ @ now leave to lower rent areas .
I was thinking of Zillow and Redfin but @ @ @ @ @ like competent enough companies to actually capture a lot of value from this .
Maybe @ @ @ @ @ Disclaimer : This information is only for educational purposes .
Do not make any investment @ @ @ @ @ in this article .
Do you own due diligence or consult your financial professional before @ @ @ @ @

by Mercurial_Fire
Link to Data
Look at that V shape! Terrific economy. Amazing. The best in the world.
Okay, in all seriousness, how do we go long on suburbia? The trend will probably keep going up and surpass historical highs.
– Cities were the ones hit hardest by COVID
– Interest rates at record lows means cheap mortgages
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– Craziest riots took place in the cities.
– Crime going up since some cities actually defunded the police (LOL!)
– A lot of people working from home can now leave to lower rent areas.
I was thinking of Zillow and Redfin but they don’t look like competent enough companies to actually capture a lot of value from this. Maybe I’m wrong.
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--2020-08-04--Ron Paul: Europeans Are Waking Up to Government Covid Tyranny. Why Are We Still Asleep?

Ron Paul , Institute for Peace and Prosperity , Released on 8/3/20 Tens of thousands of Germans marched through Berlin on Saturday , proclaiming a “ Day of Freedom ” and demanding an end to government-mandated face masks and “ social distancing.
” The UK and Netherlands also saw large protests against their governments ’ tyrannical actions in response to the coronavirus outbreak .
According to media accounts , the Berlin protesters held signs reading “ We are being forced to wear a muzzle , ” “ Natural defense instead of vaccination , ” and “ We are making noise @ @ @ @ @ @ @ ” The New York Times Tweeted that the masses of Berlin demonstrators were all “ Nazis ” and “ conspiracy theorists.
” Does the “ paper of record ” really want us to believe there were perhaps a million Nazis active in the streets of Berlin ?
Wouldn ’ t that be alarming ?
The fact is , Europeans are realizing that their government-mandated lockdowns did little or nothing to protect them from the virus , while causing economic catastrophe and untold human suffering .
They likely looked around and noticed that Sweden @ @ @ @ @ @ @ , rejected face masks , and kept its restaurants and other places of business open , did not fare any worse than the countries that have been turned into open air prisons for much of the year .
In fact , Sweden had a lower death rate from the virus than strict lockdown states like the UK and France .
No wonder people are starting to get angry .
Unfortunately , while the Europeans are waking up , Americans are still asleep as our freedoms continue to be trampled .
While Europeans demand @ @ @ @ @ @ @ we see states with minuscule new deaths returning to lockdown .
It is as if all the wannabe tyrants from mayors to governors are finally realizing their secret dreams of ruling by decree .
Their dreams are our nightmares !
New Jersey Governor Phil Murphy put citizens “ on notice ” that he will lock the state back down if people dare to go outside without a face mask or even to have guests inside their own homes !
What kind of politician puts his own constituents “ on notice ” ?
It @ @ @ @ @ @ @ ” are even looking into treatments for the viral infection .
Doctors who report their own successful experience treating Covid patients with hydroxychloroquine , for example , are ridiculed , censored , and even fired from their jobs .
The rush to silence “ America ’ s Frontline Doctors ” last week and to disappear their video down the memory hole should terrify anybody who still believes in free speech .
No , they say , we must keep locked down and masked until we have a vaccine .
The US government is @ @ @ @ @ @ @ be less than 60 percent effective to prevent a virus that has something like a 99.8 percent survival rate .
What kind of math is that ?
How many may be harmed more by the vaccine than helped ?
We ’ ll probably never know because the US government has just granted big pharma immunity from liability claims if the vaccine produces damaging side effects .
They keep moving the goal posts to keep us terrified and isolated .
First it was body counts and then “ cases.
” The numbers have been @ @ @ @ @ @ @ hard to trust any reporting .
People are getting angry .
They are confused .
They are facing an economic depression of historic proportions .
But worst of all , they are watching as Leviathan government snatches every last bit of freedom .
Three cheers for the Europeans !
Let ’ s hope America wakes up soon !

Ron Paul, Institute for Peace and Prosperity, Released on 8/3/20
Tens of thousands of Germans marched through Berlin on Saturday, proclaiming a “Day of Freedom” and demanding an end to government-mandated face masks and “social distancing.” The UK and Netherlands also saw large protests against their governments’ tyrannical actions in response to the coronavirus outbreak.
According to media accounts, the Berlin protesters held signs reading “We are being forced to wear a muzzle,” “Natural defense instead of vaccination,” and “We are making noise because you are stealing our freedom!”
Good for them!
The New York Times Tweeted that the masses of Berlin demonstrators were all “Nazis” and “conspiracy theorists.” Does the “paper of record” really want us to believe there were perhaps a million Nazis active in the streets of Berlin? Wouldn’t that be alarming?
The fact is, Europeans are realizing that their government-mandated lockdowns did little or nothing to protect them from the virus, while causing economic catastrophe and untold human suffering.
They likely looked around and noticed that Sweden, which never locked down its economy, rejected face masks, and kept its restaurants and other places of business open, did not fare any worse than the countries that have been turned into open air prisons for much of the year. In fact, Sweden had a lower death rate from the virus than strict lockdown states like the UK and France. No wonder people are starting to get angry.
Unfortunately, while the Europeans are waking up, Americans are still asleep as our freedoms continue to be trampled. While Europeans demand an end to government tyranny, here we see states with minuscule new deaths returning to lockdown. It is as if all the wannabe tyrants from mayors to governors are finally realizing their secret dreams of ruling by decree. Their dreams are our nightmares!
New Jersey Governor Phil Murphy put citizens “on notice” that he will lock the state back down if people dare to go outside without a face mask or even to have guests inside their own homes! What kind of politician puts his own constituents “on notice”?
We are primarily funded by readers. Please subscribe and donate to support us!
It is not as if the “experts” are even looking into treatments for the viral infection. Doctors who report their own successful experience treating Covid patients with hydroxychloroquine, for example, are ridiculed, censored, and even fired from their jobs. The rush to silence “America’s Frontline Doctors” last week and to disappear their video down the memory hole should terrify anybody who still believes in free speech.
No, they say, we must keep locked down and masked until we have a vaccine. The US government is dumping billions into a vaccine that may be less than 60 percent effective to prevent a virus that has something like a 99.8 percent survival rate. What kind of math is that?
How many may be harmed more by the vaccine than helped? We’ll probably never know because the US government has just granted big pharma immunity from liability claims if the vaccine produces damaging side effects.
They keep moving the goal posts to keep us terrified and isolated. First it was body counts and then “cases.” The numbers have been so wildly off that it’s hard to trust any reporting. People are getting angry. They are confused. They are facing an economic depression of historic proportions. But worst of all, they are watching as Leviathan government snatches every last bit of freedom.
Three cheers for the Europeans! Let’s hope America wakes up soon!


investmentwatchblog--2020-08-04--Seattle City Council readies bill to abolish police but hey, you can get the library to read you a s

Seattle City Council readies bill to abolish police but hey, you can get the library to read you a story!

Seattle Police ?
BAD .
RAAAAAAAAAAAAAACIST .
WHITE SUPREMACISTS .
Must be gone .
The Seattle City Council knows exactly who is best to respond to your immediate , critical needs .
The NY Post reports : “ Under the bill , cops would be replaced by “ community-led activities ” and organizations focused on “ housing , food security , and other basic needs ” along with “ culturally-relevant expertise rooted in community connections , ” according to documents posted by Christopher Rufo , Director of Discovery Institute ’ s Center on Wealth & Poverty .
To gain police @ @ @ @ @ @ @ are “ well-versed in de-escalation skills ” along with “ trauma-informed , gender-affirming , anti-racist praxis ” and are “ committed to hiring staff from the communities they serve , ” according to the proposal.
” But hey , don ’ t worry if you can ’ t get an armed police officer to assist you during a rape or violent beat down .
The libraries are still closed due to political warfare , yet you can call Seattle Public library ( SPL ) and listen to a taxpayer-funded employee read a story @ @ @ @ @ @ @ s $ 86 MILLION taxpayer dollars funding the library .
In a crisis , you can just call the SPL Lit Line for a little comfort !
“ This phone service is designed to help library patrons with limited technology access stay connected to literature , local history , and their library while they are unable to visit us in person .
Simply call 206-386-4656 and listen to a recording of a story , article or poem .
“ I realize that the Seattle Council isn ’ t suggesting you call the library @ @ @ @ @ @ @ abolish yet…you never know with these crazy leftists .
It could just be one part of their progressive solutions !

by DCG
PRIORITIES. LEFTIST priorities.
Seattle Police? BAD. RAAAAAAAAAAAAAACIST. WHITE SUPREMACISTS. Must be gone.
The Seattle City Council knows exactly who is best to respond to your immediate, critical needs. The NY Post reports:
“Under the bill, cops would be replaced by “community-led activities” and organizations focused on “housing, food security, and other basic needs” along with “culturally-relevant expertise rooted in community connections,” according to documents posted by Christopher Rufo, Director of Discovery Institute’s Center on Wealth & Poverty.
To gain police department funding, groups must show they are “well-versed in de-escalation skills” along with “trauma-informed, gender-affirming, anti-racist praxis” and are “committed to hiring staff from the communities they serve,” according to the proposal.”
We are primarily funded by readers. Please subscribe and donate to support us!
But hey, don’t worry if you can’t get an armed police officer to assist you during a rape or violent beat down. The libraries are still closed due to Wuhan virus political warfare, yet you can call Seattle Public library (SPL) and listen to a taxpayer-funded employee read a story. That’s because there’s $86 MILLION taxpayer dollars funding the library.
In a crisis, you can just call the SPL Lit Line for a little comfort!
“This phone service is designed to help library patrons with limited technology access stay connected to literature, local history, and their library while they are unable to visit us in person. Simply call 206-386-4656 and listen to a recording of a story, article or poem. “
I realize that the Seattle Council isn’t suggesting you call the library instead of the police they want to abolish yet…you never know with these crazy leftists. It could just be one part of their progressive solutions!
DCG


investmentwatchblog--2020-08-04--China is raising pressure on Indonesia over rights to use a contested tract of sea.

China is raising pressure on Indonesia over rights to use a contested tract of sea .
The escalation near Indonesia @ @ @ @ @ seen as raising the specter of a new flash point in a normally quiet part @ @ @ @ @ disputed South China Sea .
t.co/MMQxJz34Oz

China is raising pressure on Indonesia over rights to use a contested tract of sea. The escalation near Indonesia’s Natuna Islands is seen as raising the specter of a new flash point in a normally quiet part of the broader, heavily disputed South China Sea. t.co/MMQxJz34Oz
— VOA Nike Ching 张蓉湘 (@rongxiang) August 3, 2020


investmentwatchblog--2020-08-04--WHEN IT RAINS, IT POURS: China’s Giant Three Gorges Dam Faces Major Test.

Sustained torrential rains have caused extensive flooding in central China in recent weeks .
Nightmare memories have been revived of 1998 , when severe floods left more than 4000 people dead and caused extensive economic damage .
Thousands of People ’ s Liberation Army soldiers have been sent to the Yangtse River basin to provide emergency services to build dykes , enforce embankments and dig channels to release water .
In response to the build-up of floodwaters upstream , authorities have been discharging large amounts of water from the dam .
The swell of water caused by upstream flooding reached @ @ @ @ @ @ @ week , exceeding the official warning level of 50,000 cubic meters .
The emergency discharges have inevitably exacerbated flooding in areas downstream from the dam .
Massive flooding along the Yangtze is nothing new for China .
In 1931 , more than 3 million people died during a huge flood in one of the worst natural disasters of the 20th century .
Nevertheless , the current situation is the first major test that the Three Gorges Dam has been put to .
There is no reason to think that the structure of the @ @ @ @ @ @

via maritime-executive:
Sustained torrential rains have caused extensive flooding in central China in recent weeks. Nightmare memories have been revived of 1998, when severe floods left more than 4000 people dead and caused extensive economic damage. Thousands of People’s Liberation Army soldiers have been sent to the Yangtse River basin to provide emergency services to build dykes, enforce embankments and dig channels to release water.
In response to the build-up of floodwaters upstream, authorities have been discharging large amounts of water from the dam. The swell of water caused by upstream flooding reached 55,000 cubic meters per second late last week, exceeding the official warning level of 50,000 cubic meters. The emergency discharges have inevitably exacerbated flooding in areas downstream from the dam.
Massive flooding along the Yangtze is nothing new for China. In 1931, more than 3 million people died during a huge flood in one of the worst natural disasters of the 20th century. Nevertheless, the current situation is the first major test that the Three Gorges Dam has been put to.
There is no reason to think that the structure of the dam itself is under threat.


investmentwatchblog--2020-08-04--Stand for nothing, fall for everything

Stand for nothing, fall for everything

Tik Tok is a national security threat that should only only be used to call out the Chinese government ( @ @ @ @ @ their atrocities and human rights abuses .
Seriously y'all memes and jokes are fun but @ @ @ @ @ authoritarian regime is not .

by woke-sheep
Tik Tok is a national security threat that should only only be used to call out the Chinese government (who controls it) for their atrocities and human rights abuses.
Seriously y'all memes and jokes are fun but downloading the spyware of an authoritarian regime is not.
— David Hogg 92 days 🌊 (@davidhogg111) March 25, 2020


investmentwatchblog--2020-08-04--Hydroxychloroquine not effective; time to ‘move on:’ White House coronavirus testing chief Giroir

The White House coronavirus task force member charged with coordinating the U.S. testing effort said Sunday that the nation needs to “ move on ” from the debate over hydroxychloroquine , a drug President Donald Trump has promoted as a COVID-19 treatment even though there is no clear evidence it is effective .
Adm. Brett Giroir , assistant secretary of health and human services , said on NBC News ’ “ Meet the Press ” that “ from a public health standpoint , at first , hydroxychloroquine looked very promising ” but at “ this point in time , there @ @ @ @ @ @ @ placebo-controlled trials that do not show any benefit to hydroxychloroquine.
” “ So , at this point in time , we don ’ t recommend that as a treatment .
There ’ s no evidence to show that it is , ” Giroir said .
Giroir said Sunday that “ we need to move on from ” the debate about hydroxychloroquine “ and talk about what is effective.
” He said the use of the drug remdesivir and steroids have reduced mortality by 30 % and reminded people of the effectiveness of preventive @ @ @ @ @ @ @ He also said there was promising evidence that blood plasma from recovered COVID-19 patients was effective and that a vaccine is “ really on the horizon.
” “ We know that if you get COVID now , your chances of dying are incredibly less than they were in April because our health care providers know how to treat it better , ” Giroir said .
But “ hydroxychloroquine , I can ’ t recommend that.
” “ I think most physicians and prescribers are evidence-based and they ’ re not influenced by whatever @ @ @ @ @ @ @ ” Giroir said .
“ And the evidence just doesn ’ t show that hydroxychloroquine is effective right now .
”

The White House coronavirus task force member charged with coordinating the U.S. testing effort said Sunday that the nation needs to “move on” from the debate over hydroxychloroquine, a drug President Donald Trump has promoted as a COVID-19 treatment even though there is no clear evidence it is effective.
Adm. Brett Giroir, assistant secretary of health and human services, said on NBC News’ “Meet the Press” that “from a public health standpoint, at first, hydroxychloroquine looked very promising” but at “this point in time, there’s been five randomized control, placebo-controlled trials that do not show any benefit to hydroxychloroquine.”
“So, at this point in time, we don’t recommend that as a treatment. There’s no evidence to show that it is,” Giroir said.
Giroir said Sunday that “we need to move on from” the debate about hydroxychloroquine “and talk about what is effective.” He said the use of the drug remdesivir and steroids have reduced mortality by 30% and reminded people of the effectiveness of preventive measures such as masks and hand-washing. He also said there was promising evidence that blood plasma from recovered COVID-19 patients was effective and that a vaccine is “really on the horizon.”
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“We know that if you get COVID now, your chances of dying are incredibly less than they were in April because our health care providers know how to treat it better,” Giroir said. But “hydroxychloroquine, I can’t recommend that.”
“I think most physicians and prescribers are evidence-based and they’re not influenced by whatever is on Twitter or anything else,” Giroir said. “And the evidence just doesn’t show that hydroxychloroquine is effective right now.”
news.yahoo.com/hydroxychloroquine-not-effective-time-move-130446819.html


investmentwatchblog--2020-08-04--Heartbreaking statement from Federal Judge whose son was murdered – requests ability to keep address

Heartbreaking statement from Federal Judge whose son was murdered – requests ability to keep addresses private in internet age

Wants to find a way to keep judges personal and private information withheld from the public .
Hits were hired @ @ @ @ @ internet age .
Nine nin .
video .

Wants to find a way to keep judges personal and private information withheld from the public.
Hits were hired on judges long before the internet age. Nine nin. video.
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h/t akasuzanne


investmentwatchblog--2020-08-04--DECOUPLING: Kodak a first step: Trump White House plans new ways to break Chinese supply chain domin

DECOUPLING: Kodak a first step: Trump White House plans new ways to break Chinese supply chain dominance.

‘ It doesn ’ t mean we can ’ t buy from certain sources .
But you ’ ve got to think about it like a backup generator .
You ’ ve got to have those sources in the United States , too.
’ – White House officia As the Trump White House this week announced a major deal to pivot photo giant Kodak toward pharmaceutical manufacturing , it made clear this was just the first step in a broader plan to break Chinese dominance of supply chain in manufacturing .
With a focus first on healthcare manufacturing , the @ @ @ @ @ @ @ loan to Kodak after noticing 90 % of the main ingredients of the most common pharmaceuticals taken each day in the United States are manufactured abroad .
Adam Boehler , CEO of U.S. International Development Finance Corporation , is a lead administration official on the Kodak deal , and said the White House plans to move beyond drugs toward other medical supply areas vulnerably exposed during the coronavirus pandemic .
“ We ’ re going down the list , ” Boehler said in an interview with Just the News .
“ Look at @ @ @ @ @ @ @ rubber gloves , they ’ re 80 % , 90 % made outside of the country , we can ’ t have that risk .
It doesn ’ t mean we can ’ t buy from certain sources .
But you ’ ve got to think about it like a backup generator .
You ’ ve got to have those sources in the United States , too .
So we ’ re going through list of items of PPE .
We ’ re looking at generic pharmaceuticals , a number of other areas @ @ @ @

via justthenews:
‘It doesn’t mean we can’t buy from certain sources. But you’ve got to think about it like a backup generator. You’ve got to have those sources in the United States, too.’ – White House officia
As the Trump White House this week announced a major deal to pivot photo giant Kodak toward pharmaceutical manufacturing, it made clear this was just the first step in a broader plan to break Chinese dominance of supply chain in manufacturing.
With a focus first on healthcare manufacturing, the White House brokered a $765 million loan to Kodak after noticing 90% of the main ingredients of the most common pharmaceuticals taken each day in the United States are manufactured abroad.
Adam Boehler, CEO of U.S. International Development Finance Corporation, is a lead administration official on the Kodak deal, and said the White House plans to move beyond drugs toward other medical supply areas vulnerably exposed during the coronavirus pandemic.
“We’re going down the list,” Boehler said in an interview with Just the News. “Look at masks, gloves. Right now, rubber gloves, they’re 80%, 90% made outside of the country, we can’t have that risk. It doesn’t mean we can’t buy from certain sources. But you’ve got to think about it like a backup generator. You’ve got to have those sources in the United States, too. So we’re going through list of items of PPE. We’re looking at generic pharmaceuticals, a number of other areas as well.”


investmentwatchblog--2020-08-05--Virgin Atlantic – which is 49% owned by Delta – files for bankruptcy as pandemic savages airline ind

Virgin Atlantic – which is 49% owned by Delta – files for bankruptcy as pandemic savages airline industry

• Virgin Atlantic filed for Chapter 15 bankruptcy in New York on Tuesday • Chapter 15 allows foreign debtors to protect U.S. assets from creditors • Company says it is pursuing a ‘ solvent restructuring ’ under British law • Warned London court it would run out of cash next month if no deal is reached • Virgin Atlantic is the second airline in the Virgin Group to file for Chapter 15 • Virgin Australia also sought protection after filing for voluntary administration • The airline industry has been devastated by the pandemic as travel bans and border closures forced @ @ @ @ @ @ @ become billionaire Richard Branson ’ s second airline to file for Chapter 15 bankruptcy in the U.S. this year as the industry continues to be ravaged by the coronavirus pandemic .
Virgin Atlantic ’ s filing on Tuesday in U.S. bankruptcy court in the Southern District of New York said it has negotiated a deal with stakeholders ‘ for a consensual recapitalization ’ that will get debt off its balance sheet and ‘ immediately position it for sustainable long-term growth.
’ The U.S. filing is in addition to a proceeding filed in a @ @ @ @ @ @ @ approval Tuesday to convene meetings of affected creditors to vote on the plan on August 25 .
A Virgin Atlantic spokesperson said that the company was pursuing a ‘ solvent restructuring ’ under British law .
The filing means the airline is not yet going into liquidation or going out of business — but the company warned that if a deal with creditors isn ’ t reached , it could run out of cash by September .
The company ’ s filing comes just a day after Branson announced he could launch into @ @ @ @ @ @ @ its first passenger early 2021 , potentially blazing a path for commercial flights .

Virgin Atlantic filed for Chapter 15 bankruptcy in New York on Tuesday
Chapter 15 allows foreign debtors to protect U.S. assets from creditors
Company says it is pursuing a ‘solvent restructuring’ under British law
Warned London court it would run out of cash next month if no deal is reached
Virgin Atlantic is the second airline in the Virgin Group to file for Chapter 15
Virgin Australia also sought protection after filing for voluntary administration
The airline industry has been devastated by the pandemic as travel bans and border closures forced carriers to ground planes
Virgin Atlantic has become billionaire Richard Branson’s second airline to file for Chapter 15 bankruptcy in the U.S. this year as the industry continues to be ravaged by the coronavirus pandemic.
Virgin Atlantic’s filing on Tuesday in U.S. bankruptcy court in the Southern District of New York said it has negotiated a deal with stakeholders ‘for a consensual recapitalization’ that will get debt off its balance sheet and ‘immediately position it for sustainable long-term growth.’
The U.S. filing is in addition to a proceeding filed in a British court, where Virgin Atlantic obtained approval Tuesday to convene meetings of affected creditors to vote on the plan on August 25.
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A Virgin Atlantic spokesperson said that the company was pursuing a ‘solvent restructuring’ under British law. The filing means the airline is not yet going into liquidation or going out of business — but the company warned that if a deal with creditors isn’t reached, it could run out of cash by September.
The company’s filing comes just a day after Branson announced he could launch into space aboard his Virgin Galactic aircraft as its first passenger early 2021, potentially blazing a path for commercial flights.
www.dailymail.co.uk/news/article-8593311/Virgin-Atlantic-billionaire-Richard-Bransons-second-airline-file-bankruptcy.html


investmentwatchblog--2020-08-05--Amazon’s bid to compete with Uber in U.K. approved. Amazon’s $575M investment in Deliveroo for 16% s

Amazon’s bid to compete with Uber in U.K. approved. Amazon’s $575M investment in Deliveroo for 16% stake has been approved by British regulators.

British regulatory authorities have reportedly cleared Amazon ’ s purchase of a minority stake in an online U.K. food delivery @ @ @ @ @ , a $ 575 million Series G funding round in Deliveroo which Amazon initially led @ @ @ @ @ final approval from the U.K. ’ s Competition and Markets Authority ( CMA ) .
@ @ @ @ @ in July 2019 and initiated a formal investigation of potential competitive conflicts in December 2019 @ @ @ @ @ 16 % stake in Deliveroo , which has raised $ 1.53 billion to date .
@ @ @ @ @ Deliveroo will use the new infusion of cash to “ increase choice and value for @ @ @ @ @ , and…offer more riders the flexible work they value as the company expands .
”

chainstoreage.com/amazons-bid-compete-uber-uk-approved
British regulatory authorities have reportedly cleared Amazon’s purchase of a minority stake in an online U.K. food delivery startup.
According to CNBC, a $575 million Series G funding round in Deliveroo which Amazon initially led in May 2019 has received final approval from the U.K.’s Competition and Markets Authority (CMA). The CMA halted the investment in July 2019 and initiated a formal investigation of potential competitive conflicts in December 2019.
Amazon will receive a 16% stake in Deliveroo, which has raised $1.53 billion to date. A corporate spokesperson told CNBC Deliveroo will use the new infusion of cash to “increase choice and value for customers, support for restaurants, and…offer more riders the flexible work they value as the company expands.”


investmentwatchblog--2020-08-05--11% of all Australian mortgages are still on deferred payments with the dollar value continuing to g

11% of all Australian mortgages are still on deferred payments with the dollar value continuing to grow. If that’s not worrying enough, 17% of small business loans are also deferred. How many of those are secured by residential property?

11 % of all Australian mortgages are still on deferred payments with the dollar value continuing to grow .
If @ @ @ @ @ , 17 % of small business loans are also deferred .
How many of those @ @ @ @ @ ?
APRA graphic # ausbiz # auspol pic.twitter.com/8b0ZUhqxMf

11% of all Australian mortgages are still on deferred payments with the dollar value continuing to grow. If that's not worrying enough, 17% of small business loans are also deferred. How many of those are secured by residential property? APRA graphic #ausbiz #auspol pic.twitter.com/8b0ZUhqxMf
— David Scutt (@Scutty) August 4, 2020


investmentwatchblog--2020-08-04--Storm Clouds Are Gathering…: Maund

Storm Clouds Are Gathering…: Maund

There is a now widespread universally held belief , especially amongst “ dumb money ” market participants , that the markets can not drop because the Fed is going to keep creating money in ever greater quantities to throw at pumping them higher and higher .
This erroneous belief appears to be based on an assumption that the Fed cares about the economy or the welfare of the citizenry , when the reality is that the reason it exists is as a “ wealth transfer engine ” whose prime function is to serve as a mechanism for transferring the fruits @ @ @ @ @ @ @ large to the elite cadre at the top of the pyramid , and they even have a pyramid on their Federal Reserve notes .
They achieve this through “ systemic inflation ” which with a fiat money system in place now for many years enables them to print unlimited quantities of money that they gift in the first instance to themselves and their crony associates and large favored corporations , and then let the rest out into the economy , with the tab for all this being pushed onto the hapless citizenry in @ @ @ @ @ @ @ why the dollar has devalued by about 97 % in purchasing power since the Fed came into existence in 1913 .
Now , with the fiat system approaching its nemesis as debts and money creation go parabolic , the gloves are off and they don ’ t even bother to make any pretense about it – they create trillions which they hand straight to big favored corporations and Wall St banks , with the implied challenge to the ordinary citizen being “ You don ’ t like it ?
– well , what @ @ @ @ @ @ @ ?
” They are not just above the law , they ARE the law and they can and will do as they please .
Given that the Fed ’ s primary objective is to transfer wealth from the masses to the elites , and given that after months of the stockmarket trending higher , Dumb Money has been piling into the market again as Smart Money exits , as we can see on the latest Smart – Dumb chart below , it would seem irresistibly attractive to them to pretty soon rip the @ @ @ @ @ @ @ send it plunging again , as they did in the Spring , and then move in and pick up Dumb Money ’ s holdings when they sell in distress at the bottom , and start the whole wash , rinse and repeat cycle again – and if they crash the markets soon they should be able to achieve a long held objective of getting rid of Trump for good measure , since the markets would not recover enough by election time for him to capitalize on it .
If this is what is @ @ @ @ @ @ @ us to keep an eagle eye out for any warning signs that the markets may be about to about to buckle and plunge again .
Fortunately there are a number of things that we can watch that provide early warning of such a development .
One important one is the 10-year Yield , whose latest chart is shown below .
This provided early warning of the Spring market crash as we can see , and it is clearly an ominous development that it has been crumbling in recent weeks and is already threatening @ @ @ @ @ @ @ If it does , and especially if it should drop more steeply , it will probably trigger another severe market downwave soon after .
This is said with an awareness that it can ’ t actually drop all that much because it is already so low .
The Put to Call ratio is at a very low level , indicating universal bullishness and complacency , and is at the sort of extreme that we saw last February before the market caved in… .
Next , keep a close eye on oil .
On @ @ @ @ @ @ @ that it is rounding over beneath heavy resistance having closed a big gap , and ominously the 50-day moving average is drawing close to the still falling 200-day so that these averages are still in bearish alignment with the potential for a big drop – and it isn ’ t hard to see why it could suffer a big drop , despite all the recent market manipulation that has massaged it higher and higher , because the plain fact of the matter is that if they want to close down economies around the @ @ @ @ @ @ @ crushing the masses , then there is going to be an awful lot more oil sloshing around than there is demand for .
The Bollinger Bands that are shown on a version of the year-to-date chart for Light Crude in the latest Oil Market update are pinching in tightly , suggesting that a big move is now imminent .
Next copper , whose big recovery rally from the March low to the present appears to have been driven both by a misplaced belief that demand will recover , and an even bigger misconception @ @ @ @ @ @ @ which is going to be more difficult , with the possibility of the 3 Gorges Dam being breached for good measure .
As we can see on copper ’ s latest 3-year chart , it has stalled out at a zone of strong resistance , which it arrived at in an overbought state .
Greatly increasing the chances of copper reversing and going into retreat very soon is its COT structure .
On its latest COT chart we see that Dumb Money – the Large Specs – are now heavily long the metal @ @ @ @ @ @ @ low .
This COT chart looksbearish and it is known that copper is a lead indicator for the markets , hence its nickname , Dr Copper .
So this is another clear warning sign .
Finally , GDX hit a trendline target in a very overbought state last week , with sentiment towards the PM sector at positive extremes .
While we could not be more bullish on gold and especially silver for the longer-term , that does not mean that they can ’ t get dragged down temporarily in a correction by @ @ @ @ @ @ @ why we are pulling in stops and doing GDX Puts as insurance .
This is quite a battery of indications calling for a major market downturn soon , I ’ m sure you will agree .
Could the Fed override it all and keep the markets heading ever skywards by pumping more and more ?
– maybe – but as I ’ ve pointed out here , since their Prime Directive , which is to transfer wealth from the lower classes to the upper classes or to those who control society should make @ @ @ @ @ @ @ markets here to crush the little guy and provide yet another opportunity to mop up his holdings on the cheap , and probably seal Trump ’ s fate into the bargain .

by Clive P. Maund
There is a now widespread universally held belief, especially amongst “dumb money” market participants, that the markets cannot drop because the Fed is going to keep creating money in ever greater quantities to throw at pumping them higher and higher. This erroneous belief appears to be based on an assumption that the Fed cares about the economy or the welfare of the citizenry, when the reality is that the reason it exists is as a “wealth transfer engine” whose prime function is to serve as a mechanism for transferring the fruits of the labor of the population at large to the elite cadre at the top of the pyramid, and they even have a pyramid on their Federal Reserve notes. They achieve this through “systemic inflation” which with a fiat money system in place now for many years enables them to print unlimited quantities of money that they gift in the first instance to themselves and their crony associates and large favored corporations, and then let the rest out into the economy, with the tab for all this being pushed onto the hapless citizenry in the form of inflation. This is why the dollar has devalued by about 97% in purchasing power since the Fed came into existence in 1913.
Now, with the fiat system approaching its nemesis as debts and money creation go parabolic, the gloves are off and they don’t even bother to make any pretense about it – they create trillions which they hand straight to big favored corporations and Wall St banks, with the implied challenge to the ordinary citizen being “You don’t like it? – well, what are you going to do about it?” They are not just above the law, they ARE the law and they can and will do as they please.
Given that the Fed’s primary objective is to transfer wealth from the masses to the elites, and given that after months of the stockmarket trending higher, Dumb Money has been piling into the market again as Smart Money exits, as we can see on the latest Smart – Dumb chart below, it would seem irresistibly attractive to them to pretty soon rip the rug out from under the market and send it plunging again, as they did in the Spring, and then move in and pick up Dumb Money’s holdings when they sell in distress at the bottom, and start the whole wash, rinse and repeat cycle again – and if they crash the markets soon they should be able to achieve a long held objective of getting rid of Trump for good measure, since the markets would not recover enough by election time for him to capitalize on it.
We are primarily funded by readers. Please subscribe and donate to support us!
If this is what is setting up, it is incumbent on us to keep an eagle eye out for any warning signs that the markets may be about to about to buckle and plunge again. Fortunately there are a number of things that we can watch that provide early warning of such a development. One important one is the 10-year Yield, whose latest chart is shown below. This provided early warning of the Spring market crash as we can see, and it is clearly an ominous development that it has been crumbling in recent weeks and is already threatening to break below its March lows. If it does, and especially if it should drop more steeply, it will probably trigger another severe market downwave soon after. This is said with an awareness that it can’t actually drop all that much because it is already so low.
The Put to Call ratio is at a very low level, indicating universal bullishness and complacency, and is at the sort of extreme that we saw last February before the market caved in….
Click on chart to popup a larger, clearer version.
Chart courtesy of sentimentrader.com
Next, keep a close eye on oil. On our Light Crude chart we can see that it is rounding over beneath heavy resistance having closed a big gap, and ominously the 50-day moving average is drawing close to the still falling 200-day so that these averages are still in bearish alignment with the potential for a big drop – and it isn’t hard to see why it could suffer a big drop, despite all the recent market manipulation that has massaged it higher and higher, because the plain fact of the matter is that if they want to close down economies around the world in pursuit of their dream of crushing the masses, then there is going to be an awful lot more oil sloshing around than there is demand for. The Bollinger Bands that are shown on a version of the year-to-date chart for Light Crude in the latest Oil Market update are pinching in tightly, suggesting that a big move is now imminent.
Next copper, whose big recovery rally from the March low to the present appears to have been driven both by a misplaced belief that demand will recover, and an even bigger misconception that demand will recover in China, which is going to be more difficult, with the possibility of the 3 Gorges Dam being breached for good measure. As we can see on copper’s latest 3-year chart, it has stalled out at a zone of strong resistance, which it arrived at in an overbought state.
very
Greatly increasing the chances of copper reversing and going into retreat very soon is its COT structure. On its latest COT chart we see that Dumb Money – the Large Specs – are now heavily long the metal after being heavily short at the March low. This COT chart looksbearish and it is known that copper is a lead indicator for the markets, hence its nickname, Dr Copper. So this is another clear warning sign.
Finally, GDX hit a trendline target in a very overbought state last week, with sentiment towards the PM sector at positive extremes. While we could not be more bullish on gold and especially silver for the longer-term, that does not mean that they can’t get dragged down temporarily in a correction by a crashing stockmarket. That’s why we are pulling in stops and doing GDX Puts as insurance.
This is quite a battery of indications calling for a major market downturn soon, I’m sure you will agree. Could the Fed override it all and keep the markets heading ever skywards by pumping more and more? – maybe – but as I’ve pointed out here, since their Prime Directive, which is to transfer wealth from the lower classes to the upper classes or to those who control society should make it irresistible to them to crash the markets here to crush the little guy and provide yet another opportunity to mop up his holdings on the cheap, and probably seal Trump’s fate into the bargain.
End of update.