As we head into the final two trading months of 2020, a legend in the business Agnico Eagle CEO Sean Boyd just said the price of gold is headed to $3,000.
The post Agnico Eagle CEO Sean Boyd Just Said The Price Of Gold Is Headed To $3,000 appeared first on King World News.
LEGEND SEAN BOYD DISCUSSES $3,000 GOLD AND THE BIG GAME-CHANGER FOR THE GOLD MAKET!
The post Sean Boyd: Broadcast Interview – Available Now appeared first on King World News.
LEGEND SEAN BOYD DISCUSSES $3,000 GOLD AND THE BIG GAME-CHANGER FOR THE GOLD MAKET!
The post Sean Boyd appeared first on King World News.
“I had grasped the significance of the silence of the dog, for one true inference invariably suggests others…. Obviously the midnight visitor was someone whom the dog knew well.”
~ Sherlock Holmes – The Adventures of Silver Blaze
Is it possible to make sense out of nonsense?
So much these days is an incoherent mess.
Page 1 excitedly beams about a glorious rebound in GDP. Yay economic growth!
Page 2 worryingly notes the near complete failure of Siberian arctic ice to reform and that hurricane Zeta (so many storms this year we’re now into the Greek alphabet!) has made punishing landfall.
Each is a narrative. Each has its own inner logic.
But they simply do not have any external coherence to each other. It’s nonsensical to be excited about rising economic growth while also concerned that each new unit of growth takes the planet further past a critical red line.
These narratives are incompatible. So which one should we pick?
Well, in the end, reality always has the final say. As Guy McPherson states: Nature bats last.
So better we choose to follow the narrative that hews closest to what reality actually is, vs what we desperately want it to be.
While issues like climate change and economic growth may be difficult to fully grasp and unravel, direct threats to our lives is much more concrete and something we can react to directly.
Such threats are now fully in play. And, once again, they’re tangled in narratives that are completely incompatible with each other.
This is a truly incoherent mess about which both social media and the increasingly irrelevant media are working quite hard to misinform us.
The mainstream narrative about Covid-19, in the West, is this:
The alternative narrative, one that I’ve uncovered after 9 months of almost daily research and reporting, is this:
By the way – every single one of my assertions and claims is backed by links and supporting documentation from scientific and clinical trials and studies. I am not conjecturing here; I am recounting the summary of ten month’s worth of inquiry.
The conclusion I draw from my narrative (vs. theirs) is that we can no longer assume that the public health or saving lives has anything to do with explaining or understanding the actions of these health “managers” (I cannot bring myself to use the word authorities).
After we eliminate the impossible – which is that somehow these massive, well-funded bodies have somehow missed month after month of accumulating evidence in support of ivermectin, hydroxychloroquine, vitamin D, NAC, zinc, selenium and doxycycline/azithromycin – what remains must be the truth.
As improbable as it seems, the only conclusion we’re left with is that the machinery of politics, money and corporate psychopathy is suppressing life saving treatments because the authorities have other priorities in play right now.
This is a terribly difficult conclusion, because it means suspending so much that we hold dear. The idea that people are basically good. The idea that the government generally means well. The thought that somehow when the chips are down and a crisis is afoot, good will emerge and triumph over evil.
I’m sorry to say, the exact opposite of all of that has emerged as true. Medical doctors in the UK NHS system purposely have used toxic doses of hydroxychloroquine far too late in the disease cycle to be of any help simply to ‘make a point.’
After deliberately setting their trial up for failure, they concluded: “Hydroxychloroquine doesn’t help, and it even makes things worse.”
In order to be able to make this claim, they had to be willing to cause harm — even to let people die. What kind of health official does that?
Not anyone who actually has compassion, a heart, or functioning level of sympathy.
Science has proven that cheap, safe and significantly protective compounds exist to limit both Covid-related death and disease severity.
Yet all of the main so-called health authorities in the major western countries were completely ignoring, if not banning, these safe, cheap and effective compounds.
This is crazy-making for independent observers like me (and you) because the data is so clear. It’s irrefutable at this point.
However most people will be unable to absorb the data, let alone move beyond it to wrestle with the implications. Why? Because such data is belief-shattering. It’s not an intellectual process; it’s an emotional one.
I don’t know why human nature decided to invest so much in developing a tight wall around the belief systems that control our actions and thoughts. But it has.
I’m sure there was some powerful evolutionary advantage. One that’s now being hijacked daily by social media AI programs to nudge us in desired directions. One that’s being leveraged by shabby politicians, hucksters, fake gurus, and con men to steer advantage away from the populace and towards themselves.
The neural wiring of beliefs is what it is. We have to recognize that and move on.
Some people will be much faster in their adjustment process than others. (Notably, the Peak Prosperity tribe is populated with many fast-adjusters, which is unsurprisingly given the topics we cover.)
To move past the deeply troubling information laid out before us requires us to be willing to endure a bit of turbulence. It’s the only way.
For you to navigate these troubling times safely and successfully, you’ll need to see as clearly as possible the true nature of the game actually being played. To see what the rules really are – not what you’ve been told they are, or what you wish or hope they are.
The data above strongly supports the conclusion that our national health managers don’t actually care about public health generally or your health specifically.
If indeed true, then the beliefs preventing most people from accepting this likely include:
There are many other operative belief systems I could also list. But this is sufficient to get the ball rolling.
Picking just one, how hard would it be for someone to let go of, say, trust in the medical system?
That would be pretty hard in most cases.
First not trusting the medical system means having to wonder if a loved one might have died unnecessarily. Or realizing that you’d better research the living daylights out of every medical decision before agreeing to it. Or worrying that your medications might be more harmful to you over the long haul than helpful (which is true in many more cases than most appreciate). It might mean having your personal heroes dinged by suspicion — perhaps even your father or mother. It would definitely require a complete reorientation away from being able to trust anything you read in a newspaper, or see on TV, about new pharmaceutical “breakthroughs”.
Trust, which is safe and warm and comforting, then turn into skepticism; which is lonelier and insists upon active mental involvement. But there are benefits — with that level of involvement, the families of those recruited into the deadly UK RECOVERY trial could have looked at the proposed doses of HCQ (2,400 mg on day one! Toxic!) and said, “Not now, not ever!” and maybe saved the life of their loved ones.
Look at that tangled mess of undesirables: regret, uncertainty, shame, doubt, fallen idols, and vastly more additional effort. Are all involved when we decide to look carefully at the actions of our national health managers during Covid.
Which is why most people simply choose not to look.
I get it. I have a lot of compassion for why people choose not to go down that path. It can get unpleasant in a hurry.
But, just like choosing to ignore a nagging chest pain, turning away in denial has its own consequences.
My coverage of SARS-CoV-2 (the virus) and Covid-19 (the associated disease) has led me to uncover some things that have made me deeply uncomfortable about our global and national ‘managers’. Shameful things, really. Scary things in their implications for what we might reasonably expect (or not expect, more accurately) from the future.
Once we get past the shock of seeing just how patently corrupt they’ve been, we have to ask both What’s next? and What should I do?
After all, you live in a system whose managers either are too dumb to understand the Vitamin D data (very unlikely) or have decided that they’d rather not promote it to the general populace for some reason. It’s a ridiculously safe vitamin with almost zero downside and virtually unlimited upside.
Either they’re colossally dumb, or this is a calculated decision. They’re not dumb. So we have to ask: What’s the calculation being performed here? It’s not public safety.It’s not your personal health. So… What is it?
This is our line of questioning and observation. It’s like the short story by Arthur Conan Doyle in Silver Blaze that many of us informally know as “the case of the dog that didn’t bark”. As the story goes, because of a missing clue – a dog who remained silent as a murder was committed – this conclusion could be drawn: the dog was already familiar with the killer!
The silence around Vitamin D alone is extremely telling. It is the pharmacological dog that did not bark.
One true inference suggests others. Here, too, we can deduce from the near total silence around Vitamin D that the health managers would prefer not to talk about it. They don’t want people to know. That much is painfully clear.
Such lack of promotion (let alone appropriate study) of safe, effective treatments is a thread that, if tugged, can unravel the whole rug. The silence tells us everything we need to know
Do they want people to suffer and die? I don’t know. My belief systems certainly hope not. Perhaps the death and suffering are merely collateral damage as they pursue a different goal — money, power, politics? Simply the depressing result of a contentious election year? More than that?
We’ve now reached the jumping off point where we may well find out just how far down the rabbit hole goes.
A massive grab for tighter control over the global populace is now being fast-tracked at the highest levels. Have you heard of the Great Reset yet?
If not, you soon will.
In Part 2: The Coming ‘Great Reset’ we lay out everything we know so far about the multinational proposal to transform nearly every aspect of global industry, commerce, trade, and social structure.
If you read on, be ready and willing to let go of cherished beliefs and to suspend what you know to be true. Because none of us has that in hand. It’s going to be a wild ride from here.
Something very big is afoot and I suspect that Covid-19 is merely an excuse providing cover for a much bigger power grab over the world’s wealth and peoples.
Click here to read Part 2 of this report (free executive summary, enrollment required for full access).
The post We Are Pawns In A Bigger Game Than We Realize appeared first on Peak Prosperity.
If you have not yet read Part 1: We Are Pawns In A Bigger Game Than We Realize, available free to all readers, please click here to read it first.If our national health managers, politicians, and media have motive to keep us in an abused, paralyzed state, then the natural question to is: Why? Followed closely by: What, if anything, can you do about it? We’ll address both of these here. You may have heard about the term the 'Great Reset'. It’s not a made up conspiracy dreamt up by tin-foil hat bloggers. It's a real world proposed re-framing of...well, everything... that has recently and suddenly burst forth in a coordinated fashion among the biggest of the big players: the World Bank, the IMF and the World Economic Forum (aka, the Davos crowd). The critical parts of the proposal to be aware of are... _______________ Why is this full report restricted to Peak Prosperity’s premium subscribers? Two main reasons: One — we reserve our best analysis and most directive guidance for the paying members whose financial support makes operating this site possible. Also, given that some of this material is our "best guess" thinking or can be overly revealing of the details of our personal actions, we're only willing to share that with this private audience. We wouldn't feel comfortable having that level of speculative/private information out in the public realm. And Two — one of the many benefits of premium membership is closer access to the experts on this site. If you’re not yet a premium member but would like to become one and access this full report, as well as *all* of our premium content, click the button below to subscribe:
The post The Coming ‘Great Reset’ appeared first on Peak Prosperity.
As we get ready to kickoff November, bullion bank gold shorts have now reached a staggering $38 billion.
The post Bullion Banks Gold Shorts Have Now Reached A Jaw-Dropping $38 Billion appeared first on King World News.
Ahead of the election, here is the explosive setup in the gold market.
The post This Is The Explosive Setup In The Gold Market appeared first on King World News.
from Daily Market Wisdom with Nick Santiago
For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.
Click Here to Listen to the Audio
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Jim Rogers is not only one of the most successful investors of our era, he’s also an avid scholar of history.
Seeing that the world is buried under an unprecedented mountain of debt that is requiring more and more central planner intervention to keep from imploding on itself, Jim says history is clear on what happens next.
A clearing of the debt either via massive default, or destruction of the currency it’s denominated in.
He looks into the future and sees a terrible reckoning ahead; one he predicts will be “the worst economic crisis of my lifetime” — and Jim is 78 years old.
So where should investors look to preserve the purchasing power of their wealth against what’s coming?
Jim highly recommends precious metals and other commodities as an important part of the solution. As an overall index, commodities are the cheapest they’ve ever been vs the general stock market in over half a century:
Like many of the previous guest experts on our program, Jim maintains the near-term environment will be one of the most challenging times to invest in our lives.
Which is why now, more than ever, is the time to partner with a financial advisor who understands the risks in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:
Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here.
And if you’re one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical coronavirus preparations.
We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you’ve already got one, great.
But if not, consider talking to the team at New Harbor. We’ve set up this ‘free consultation’ relationship with them to help folks exactly like you.
The post Jim Rogers: Great Depression 2.0? appeared first on Peak Prosperity.
from Kerry Lutz's Financial Survival Network
Brian Boyd notes that the FBI has warned of foreign election interference… Government agencies say this evening that Iran and Russia have taken actions to influence public opinion in the run up to the U-S presidential election. The director of National Intelligence says some voter registration information was obtained by both countries while they believe Iran has sent out emails designed to intimidate voters. However, it appears that Facebook and Twitter are far more dangerous. Their behavior is the exact thing that happened in Venezuela. Failing to cover the Biden corruption stories, which detail legendary corruption by the Biden Crime Family, could be construed as an act of treason.
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In this interview, mining sector expert John Feneck shares many of his favorite industrial metals junior mining stocks. He also discusses how he is advising his clients regarding investing in the junior mining sector. John began his career in 1992 as an equity analyst on the Merrill Lynch global allocation fund (MALOX). From 1993-2019, John was a senior executive for Mutual Fund and ETF providers, spending most of his career at Merrill Lynch Funds (now Blackrock) and JP Morgan Chase Funds. He was ranked #1 in both gross and net sales once at Merrill Lynch and three times at JP Morgan Chase (out of 40 senior executives). He was a member of the precious metals PM team at Sprott in 2017 and has developed a compelling track record based on a proprietary methodology, which combines technical analysis with public information gathered from direct interaction with senior management of commodities companies. In September 2019, John launched Feneck Consulting LLC based on demand from commodity companies, especially those in the metals and mining sector.
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U.S. Jobless Claims Fall As Virus Resurges, Threatens To Weaken Economy (jw)
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it’s still historically high and indicates the viral pandemic is still forcing many employers to cut jobs.
Rising confirmed virus cases in nearly every state, along with a cutoff in federal aid, are threatening to weaken the economy in the coming months. As temperatures fall, restaurants and bars will likely serve fewer customers outdoors. And many consumers may increasingly stay home to avoid infection. Those trends could force employers to slash more jobs during the winter.
Jared Kushner bragged in April that Trump was taking the country ‘back from the doctors’ (BKaral)
In a taped interview on April 18, Kushner told legendary journalist Bob Woodward that Trump was “getting the country back from the doctors” in what he called a “negotiated settlement.” Kushner also proclaimed that the US was moving swiftly through the “panic phase” and “pain phase” of the pandemic and that the country was at the “beginning of the comeback phase.”
S&P 500 Rebounds to Post Biggest Gain in Two Weeks: Markets Wrap
U.S. stocks bounced back a day after their biggest rout in four months, with investors encouraged by better-than-forecast economic data even as they kept a wary eye on growing coronavirus infections.
The S&P 500 Index 1.2%, the most since Oct. 12, after President Donald Trump said he plans “a very big package” of stimulus following the election. The dollar and Treasury yields rose after reports showed a decline in weekly jobless claims and a surge in third-quarter economic growth that reversed much of the pandemic collapse.
Closer than ever: It is 100 seconds to midnight (newsbuoy)
Humanity continues to face two simultaneous existential dangers—nuclear war and climate change—that are compounded by a threat multiplier, cyber-enabled information warfare, that undercuts society’s ability to respond. The international security situation is dire, not just because these threats exist, but because world leaders have allowed the international political infrastructure for managing them to erode.
U.S. Economy Rebounds, But Recovery Remains Far From Complete
WASHINGTON (AP) — The U.S. economy grew at a sizzling 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring, when the eruption of the coronavirus closed businesses and threw tens of millions out of work.
Yet the recovery from the deepest recession since the Great Depression of the 1930s remains far from complete. The Commerce Department’s estimate Thursday of third-quarter growth regained only about two-thirds of the output that was lost early this year when the economy essentially froze as safety orders forced restaurants, bars and many retailers to shut down.
Exxon to Cut 14,000 From Global Workforce Due to Oil Slump
Exxon Mobil Corp. will slash its global workforce by 15% by the end of 2022, an unprecedented culling by North America’s biggest oil explorer as it struggles to preserve dividends.
Moderna rakes in $1.1B on coronavirus vaccine orders
Moderna Inc. has received $1.1 billion in customer deposits for its COVID-19 vaccine, expected to be available next year, as demand surges for a safeguard against the deadly airborne disease that would enable nations around the world to resume more normal lifestyles.
The Cambridge, Massachusetts-based biotechnology company said Thursday its vaccine, developed with the use of messenger RNA science and dubbed mRNA-1273, is now in Phase 3 trials with 30,000 participants in partnership with the National Institutes of Health and the Biomedical Advanced Research and Development Authority.
I fled NYC amid COVID — and it was the worst decision of my life (dtrammel)
When the pandemic hit in March, Zachary Thacher packed his suitcases and joined the record-breaking exodus of city folk leaving town.
“I was feeling cooped up and thought I wanted to have a more rural life that was more in tune with nature,” said Thacher, who gave up his one-bedroom apartment in the West Village in April. “I thought I wouldn’t come back.”
Click to read the PM Daily Market Commentary
Provided daily by the Peak Prosperity Gold & Silver Group
Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”
The post Daily Digest 10/29 – S&P 500 Rebounds to Post Biggest Gain in Two Weeks, Exxon to Cut 14,000 From Global Workforce appeared first on Peak Prosperity.
If you are wondering what will happen to mining stocks when the stock market collapses, take a look at this...
The post If You Are Wondering What Will Happen To Mining Stocks When The Stock Market Collapses, Take A Look At This… appeared first on King World News.
from Daily Market Wisdom with Nick Santiago
For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.
Click Here to Listen to the Audio
Sign up (on the right side) for the free weekly newsletter.
We have seen three major shocks since 1992: 9/11, Great Financial Crisis and COVID-19.
The post Three Major Shocks Since 1992: 9/11, Great Financial Crisis and COVID-19 appeared first on King World News.
Today Gerald Celente spoke with King World News on the heels of the Dow plunging nearly 1,000.
The post Celente – DOW PLUNGES NEARLY 1,000: Global Slowdown The Likes We Have Never Seen Before appeared first on King World News.
The Dow has plunged over 800 while gold and silver prices also tumbled and here is what to watch in the metals.
The post Dow Plunges Over 800, Gold & Silver Tumble And Here Is What To Watch In The Metals appeared first on King World News.
from Daily Market Wisdom with Nick Santiago
For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.
Click Here to Listen to the Audio
Sign up (on the right side) for the free weekly newsletter.
from Kerry Lutz's Financial Survival Network
Junior Miner Junky’s David Erfle joined us for a precious metals market review. David is seeing a repeat performance of the 2016 election pattern in precious metals. Be prepared to be underwhelmed by the movement. He’s seeing more of a pullback, possibly down to the 1750-1800 level. Gold is like Natgas, just when you think you have it figured out, that’s when everything goes to hell. Right now, the stocks are lagging the metals and this is the opposite of what you want to see for higher metals prices. But there is hope, David believes that when this consolidation is over, we’ll seen even higher metals prices and possibly record high prices. Sometime after the election when things get back to normal.
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The public is borrowing to buy stocks. Look at what is happening with margin debt in the stock market.
The post PUBLIC BORROWING TO BUY STOCKS: Look At What Is Happening With Margin Debt In The Stock Market appeared first on King World News.
from Kerry Lutz's Financial Survival Network
Andy Schechtman recalls the summer of 2017. The German Bundesbank announced a 2020 deadline to repatriate all of their overseas gold. This was followed by a number of other European Countries. They appeared to be in a rush. At this point CB’s were net sellers of gold. In 2018 the CB’s became buyers. In 2019 Basel 3 came into play, reclassifying Gold as a Tier 1 asset on bank balance sheets. On the Comex there is a designation of “others” all of whom are standing for delivery. Highly unusual. One week ago we see the IMF calling for a new Bretton Woods. The Great Reset meeting is coming in Davos. Federal Reserve issues new rules to protect against the collapse of large banks. The call for a new system is here. We are entering a period of time where we must ask how much longer will the dollar last. We’re approaching the end.
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from Kerry Lutz's Financial Survival Network
Robert Siciliano notes that fraud on election day, or ransomware executing on any of the swing state voting systems could result in chaos. Every cyber security expert focused on the election is not sleeping soundly. If they are restricted from accessing voter data, it will cast doubt into the election results. We know that the last election was won in some places by less than one percent. Microsoft and the DHS worked together to shut down a bot net recently. The election system across the country is composed of thousands of different systems. It’s documented and available publicly. This enables Russia and China to target bottlenecks and wreak havoc. Should this happen we might have to have a do over. Back to paper ballots. It’s all about planning. Has the government planned adequately. You need to plan ahead. Just think of paper towel and toilet papers shortages that we saw from Covid, on steroids. Prepare, prepare, prepare…
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All of the World’s Money and Markets in One Visualization
In the current economic circumstances, there are some pretty large numbers being thrown around by both governments and the financial media.
The U.S. budget deficit this year, for example, is projected to hit $3.8 trillion, which would be more than double the previous record set during the financial crisis ($1.41 trillion in FY2009). Meanwhile, the Fed has announced “open-ended” asset-buying programs to support the economy, which will add even more to its current $7 trillion balance sheet.
New Study Suggests COVID-19 May Age Some Patients’ Brains By 10 Years (jw)
People recovering from COVID-19 may suffer significant brain function impacts, with the worst cases of the infection linked to mental decline equivalent to the brain aging by 10 years, researchers warned on Tuesday.
A non-peer-reviewed study of more than 84,000 people, led by Adam Hampshire, a doctor at Imperial College London, found that in some severe cases, coronavirus infection is linked to substantial cognitive deficits for months.
This Scary Statistic Predicts Growing US Political Violence — Whatever Happens On Election Day (p-davison)
Many Americans are clinging to the idea that if Joe Biden wins the presidential election, calm can return to a nation riven by protests and rattled by President Donald Trump’s authoritarian rhetoric.
Not so fast, caution two academics who claim they have devised a measure of political instability that shows that the nation will still be a powder keg that is waiting to blow, even if a Biden landslide means that Trump has little choice but to step aside.
Biden tax hike plans only a ‘minor speedbump’ for US stocks: Goldman Sachs
The former vice president has proposed to use a Democratic sweep to raise the top tax rate on capital gains and dividend income to 43% from 24%. Goldman estimates America’s wealthiest households are sitting on about $1 trillion of unrealized gains.
“History shows stock prices fall, equity allocations decline, and momentum underperforms ahead of increases in the capital gains rate,” wrote a team led by David Kostin, chief U.S. equity strategist at Goldman Sachs. “Any potential selling will be short-lived and reversed in subsequent quarters.”
Endless Covid Fight Stalks Routine U.S. Health-Care Business (jw)
The health-care industry is grappling with a slow-paced recovery from the early days of the coronavirus pandemic, as many people continue to avoid doctors’ offices and a new surge in infections spreads across the U.S.
For drugmakers, the pandemic has squeezed demand for everything from childhood vaccines to smoking-cessation drugs and diabetes treatments. When the virus took root in the U.S. this spring, many doctors and patients put off routine and elective care, leading to fewer prescriptions for a range of medicines. Sales also slumped for drugs used to treat cancer or in surgeries.
Dunkin’ Sale Poised to Be Second-Largest Restaurant Deal Ever
Inspire Brands Inc. hasn’t been around for long, but it’s already making its mark on the restaurant industry.
Adding to a string of acquisitions, the private equity-backed company is poised to sign the sector’s second-largest deal ever as it plans a blockbuster takeover of Dunkin’ Brands Group Inc. The potential purchase could be valued at almost $12 billion including debt, trailing only the $12.1 billion merger of Burger King and Tim Hortons in 2014, according to data compiled by Bloomberg.
Tens Of Thousands Evacuated In Southern California As Out-Of-Control Wildfires Rage
LOS ANGELES (AP) — Crews tried to beat back two out-of-control wildfires in Southern California on Tuesday that have kept tens of thousands of people out of their homes even as another round of dangerous fire weather raises the risk for flames erupting across the state.
Fierce winds that drove twin fires through brushy hills near cities in Orange County a day earlier were expected to pick back up, although not to the earlier extremes, according to the National Weather Service.
Climate change has affected 2020 wine harvests around the globe. Growers are concerned. (newsbuoy)
Years from now, when we savor wines from the 2020 vintage, what will we remember of the history captured in those bottles? A pandemic, to be sure. Social distancing, face coverings as political fashion statements in a weirdly contentious election season. The wines may carry memories of lost friends and loved ones, perhaps with a taste of PTSD on the finish.
Those wines will have been shaped by weather as tumultuous as our year has been. A mild winter led to devastating spring frosts. A hyperactive hurricane season brought heavy rains just before harvest in the eastern United States, while record-setting summer heat fueled extreme wildfires at harvest in the West.
The Trump Administration Is Reversing Nearly 100 Environmental Rules. Here’s the Full List. (newsbuoy)
Over four years in office, the Trump administration has dismantled major climate policies and rolled back many more rules governing clean air, water, wildlife and toxic chemicals.
While other administrations have emphasized cutting regulations, calling them burdensome to industries like coal, oil and gas, the scope of actions under Mr. Trump is “fundamentally different,” said Hana V. Vizcarra, a staff attorney at Harvard Law School’s Environmental and Energy Law Program.
Click to read the PM Daily Market Commentary
Provided daily by the Peak Prosperity Gold & Silver Group
Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”
The post Daily Digest 10/27 – All of the World’s Money and Markets in One Visualization, Tens Of Thousands Evacuated appeared first on Peak Prosperity.
Chris’ and my favorite event of the year is the annual Peak Prosperity seminar, where we get to gather in person with members of the PP tribe in beautiful northern California.
But of course, due to covid, that wasn’t possible this year.
So, this past weekend, for the first time ever, we held the event digitally.
To be honest, I wasn’t sure what to expect. How would the experience translate over Zoom, without the magic of being physically together?
Well, I’m relieved and thrilled to report that the seminar exceeded my hopes and expectations.
Yes, it would have been even better if we’d been allowed to congregate in person. But I was pleased by how effective Zoom is for enabling our presenters to deliver a high-quality learning experience. And I was shocked, pleasantly, with how the real-time audience interaction within Zoom allowed for a great deal more community and intimacy than I’d expected.
In short, doing this event digitally allowed us to assemble more higher-calibur expert speakers than we’d ever been able to before. And it enabled nearly 10x as many people to participate than with our in-person events.
From my perspective, the weekend was a home run.
But don’t just take my word for it. When asked at the end of the seminar to rate the event on a scale of 1 (terrible) to 10 (fantastic), every responder but two rated it a “10”. Of those two outliers, one rated us a “9.5”. But since the other rating was a “25”, I think we can claim victory here…. 
My favorite piece of feedback from the weekend came from someone who corralled their partner into watching the seminar with them: “My spouse says this conference is the bomb, on steroids, times ten:)”
Man, to an event producer, feedback doesn’t get any better than that…
I’ll now give a few of my top takeaways from the event. And I encourage readers who attended the seminar to share theirs, too, in the Comments section below.
The day began with Chris’ presentation The Road Ahead: The Defining Trends Of The Next Decade, which was a romp through the latest data on the Three E’s where we currently are in that story. We started with this in order to get the audience all on the same page and to understand the context for the remaining presentations to follow.
Next was Mike Maloney, the great showman, who made the bulletproof case that the world’s fiat money regimes are destined to end in currency crisis — and likely quite soon. The visuals in his presentation Back To The Future: What Gold (and Silver) Predict Is Coming are worth the price of the seminar, alone.
Chris then returned to update folks on his latest analysis of the coronavirus pandemic in Everything You Need To Know About Covid-19. Very important: he shared more detail than ever on the treatment regimen he would follow 1) to avoid getting sick, 2) if he suspected he was exposed, and 3) if he indeed contracted the virus.
Then we were treated to a “fly on the wall” discussion between Danielle DiMartino Booth and Axel Merk, both of whom have inside access to the people running the Federal Reserve. In The Fed: The Elephant In The Room, they reveal the same sad conclusion that the Fed really doesn’t have a plan to get out of the mess it’s in (a mess of its own creation) and is pretty much just playing for time, trying to delay the inevitable, painful repercussions of its failed policy.
An Off The Cuff roundtable then followed among John Rubino, Wolf Richter and Charles Hugh Smith (moderated by Chris) focused on Covid’s Impact on the 2021 Economy. This ended in a rousing live Q&A with the audience.
Sven Henrich then led the audience through a flood of charts and data in Where The Market Is Headed, Technically-Speaking, forecasting where the financial markets are most likely to go in the near-term.
This was followed by Grant Williams, who emphasized in The Investor’s Dilemma the critical transition the economy is now making, from decades of deflation into a new secular inflationary era. This changes the playbook for investors, most of whom have no experience investing in an inflationary economy.
At this point, the day shifted away from the challenges we face and towards the solutions we should pursue to meet them.
On the Money side, hard assets are a clear part of that solution set, so Jeff Clark led the audience in his presentation Riding The Gold Bull: Ways To Invest in the precious metals, while Craig Wichner demystified Sustainable Farmland Investing.
The official programming on Day 1 concluded with an hour-long no-holds-barred live audience Q&A with our assembled Money panel, with experts on investing, real estate, farmland, precious metals and estate planning.
But then we let our hair down and gave viewers a surprisingly personal view into the lives of many of the day’s speakers, including sharing what their “red pill” moment was that put them on the path to becoming who they are today. It was both fun and fascinating to be this intimate with so many respected minds.
Day 2 was all about the OTHER important aspects of wealth and resilient living beyond Money. Notably your Health, your Home, and your Relationships.
We began the day with Lisa Bedford of SurvivalMom.com sharing the fundamentals of emergency preparation in Emergency Prep for the New Normal, with a focus on what new to do in the age of covid-19. Lots of great insights in the live Q&A that ensued.
Then we were treated to a stand-up-out-of your-chair-and-applaud inspiring presentation by “America’s farmer”, Joel Salatin, who broke down all of the ass-backward shortcomings of today’s modern food systems in Food Resilience: Demand It! .
Once the calls of “Joel for President!” died down enough, Paul and Elizabeth Kaiser from Singing Frogs Farms then blew our minds with Food Resilience: Grow It! sharing their success using “no till” farming, giving every backyard gardener in the audience priceless insights for growing healthier food more successfully.
And why do we care about eating healthy food? Well, to be healthy ourselves, of course. Dr. Rich Stagliano then led us through The Pillars of Functional Health explaining how — at ANY age — we can improve our destiny by adopting health behaviors that restore vitality, remove pain, and increase quality of life.
After an excellent live audience Q&A with Joel, Rich and the Kaisers, longtime Peak Prosperity member and 19-year police force veteran Tom Cairns shared his thoughts on Staying Safe During Today’s Time Of Unrest. Personal safety and home security has suddenly become a key concern in 2020, and Tom did a great job offering advice for the changes he’s now seeing.
Since the usual Gottman-trained therapist who speaks on relationship success at our seminars had a conflict this year, my wife Ashley Taggart, also a Gottman-trained licensed MFT, stepped in to pitch hit. She detailed a number of success strategies for Building Resilient Relationships, explaining how the stresses of 2020 are putting more strain on couples and families than ever before. I thought she did great, though I’m a biased source — but from the live chat comments, it seems the audience felt the same
As energy is big focus here at Peak Prosperity, we were lucky to have expert Bruce Sullivan of the Zero Energy Home Project walk us through a very practical Home Energy audit of all of the ways to reduce your home’s energy footprint.
The seminar concluded in an extremely valuable workshop on with coaching guru Joe Stumpf. As Chris and I often say, “information without action is useless”. Joe walked us through a hour-long guided Designing Your Resilient Life personal work exercise that helped each person develop clarity around their most important resilient-building goals, the obstacles currently standing in the way, and the actions needed to overcome them. We hardly ever give ourselves that kind of focused time to clarify our thinking like that. It was a gift.
So, if you attended the seminar, please share any additional takeaway you had from the experience in the Comments section below.
And if you didn’t attend, but wish you had, you’re in luck! Every presentation from the weekend was recorded — so you can enjoy the entire experience on demand.
The replay of the entire seminar, plus additional 6 bonus videos we couldn’t squeeze into the weekend itself, are available for just $199 (only $149 if you’re a current Peak Prosperity premium subscriber).
To get access, just click the button below:
The post Takeaways From This Year’s Amazing Peak Prosperity Seminar appeared first on Peak Prosperity.
With the dollar trading lower and gold and silver moving higher, we may be looking at continued trouble for the US dollar, plus yet another gold bull catalyst.
The post US Dollar Troubles, Plus Another Gold Bull Catalyst appeared first on King World News.
from Daily Market Wisdom with Nick Santiago
For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.
Click Here to Listen to the Audio
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As global uncertainty takes hold in major markets one thing is certain, the clock is ticking.
The post The Clock Is Ticking appeared first on King World News.
from Kerry Lutz's Financial Survival Network
John Rubino returns for another weekly installment… Might not be a stimulus bill before the election, which means before January. Major economic disruption if so. Let’s go through some of the things that would happen. The game is still ongoing and there’s a number for how low the stock market goes until they see reason. It’s earnings season, and the biggest bright spot will be the gold miners. Record number of Zombie companies who’s interest expenses are greater than their profits. Stimulus is coming. Commercial real estate is tanking: NYC hotel occupancy rates now around 10%, San Fran office vacancies surge, apartment rents plunge. The real story of the Biden laptop is the censorship by Twitter and Facebook (and WaPo). Post-election violence is baked in the cake.
Sign up (on the right side) for the free weekly newsletter.
from Kerry Lutz's Financial Survival Network
John Rubino returns for another weekly installment… Might not be a stimulus bill before the election, which means before January. Major economic disruption if so. Let’s go through some of the things that would happen. The game is still ongoing and there’s a number for how low the stock market goes until they see reason. It’s earnings season, and the biggest bright spot will be the gold miners. Record number of Zombie companies who’s interest expenses are greater than their profits. Stimulus is coming. Commercial real estate is tanking: NYC hotel occupancy rates now around 10%, San Fran office vacancies surge, apartment rents plunge. The real story of the Biden laptop is the censorship by Twitter and Facebook (and WaPo). Post-election violence is baked in the cake.
Sign up (on the right side) for the free weekly newsletter.
The Dow plunged more than 650 points, but look at this...
The post The Dow Plunged More Than 650 Points, But Look At This… appeared first on King World News.
from Daily Market Wisdom with Nick Santiago
For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.
Click Here to Listen to the Audio
Sign up (on the right side) for the free weekly newsletter.
On the heels of the Dow plunging more than 800 points, look at the shocking comparisons between 1968 vs today.
The post This Too Shall Pass: Look At The Shocking Comparisons 1968 vs Today appeared first on King World News.
from Kerry Lutz's Financial Survival Network
Gordon T. Long joined us for a very insightful look at the markets and precious metals. Gordon is super-bullish on gold and silver. Based upon what’s happening in the US and abroad he sees a very bullish movement ahead. Stocks may keep on going up as a result of all the liquidity that the Fed keeps pumping into the market and we will see this strategy continuing onward indefinitely. In the end, this is what will see precious metals go ever higher. So get ready!
Click Here to Listen to the Audio
Sign up (on the right side) for the free weekly newsletter.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned the investors to get ready for the biggest collapse in the history of mankind.
The post Greyerz – Get Ready For The Biggest Collapse In The History Of Mankind appeared first on King World News.
New coronavirus type found in Norway: It is transmitted at large distances (raymond)
In Norway, the new mutation of SARS-CoV-2 coronavirus is found; it has never been observed in the country before – it is easier to get infected with it than with the usual form as Verdens Gang reported citing Senior Medical Officer at City of Trondheim Tove Røsstad.
“Preliminary, it is a new variant of the virus that the Ministry of Health and Care Services has never seen before in Norway,” Røsstad said.
Pelosi, Mnuchin Trade Blame as Pre-Election Stimulus Hopes Dim (jw)
U.S. House Speaker Nancy Pelosi and the White House traded blame for the latest stall in negotiations on a new coronavirus stimulus as pessimism built at the Capitol that anything could be accomplished before Election Day.
Pelosi said the burden is on President Donald Trump to push forward on stimulus talks and get reluctant Republicans to go along with any eventual deal reached with the White House on a nearly $2 trillion aid package.
Covid-19: Why is coronavirus so deadly? (Downunder Bound)
Coronavirus can be running rampant in our lungs and airways and yet our immune system thinks everything is a-ok.
“This virus is brilliant, it allows you to have a viral factory in your nose and feel completely well,” says Prof Paul Lehner from the University of Cambridge.
Our body’s cells start releasing chemicals – called interferons – once they are being hijacked by a virus and this is a warning signal to the rest of the body and the immune system.
Coca-Cola saying goodbye to half its drink brands (jw)
Coca-Cola is planning to kill off 200 drink brands, which account for about half of its portfolio, as it works to return to pre-coronavirus levels of growth.
In a bid to better weather the pandemic, the company plans to shift focus onto brands “that can be scaled to drive profits for the long term,” CEO James Quincey said during an earnings call Thursday.
ExxonMobil CEO warns of job cuts coming for employees in US, Canada
ExxonMobil Chairman and CEO Darren Woods warned that job cuts are coming for employees in the U.S. and Canada as part of an ongoing plan announced earlier this year to “redesign work processes and improve cost competitiveness.”
While ExxonMobil is exceeding targeted spending reductions, deferring more than $10 billion in capital and cutting 15% of cash operating expenses, Woods said the coronavirus pandemic has resulted in a “devastating” cut to oil demand by about 20%, roughly five times the decline of the 2008 financial crisis.
Uber and Lyft must reclassify drivers as employees, appeals court finds (jw)
In a blow to Uber and Lyft, a California appeals court said Thursday that the companies must reclassify their drivers as employees rather than independent contractors, affirming an earlier court decision.
The ruling marks a significant development in a months-long legal fight between the companies and the state of California, which in May sued Uber and Lyft and claimed they were in violation of state law. It also puts greater pressure on the companies to successfully pass their California ballot measure which seeks to exempt them from the law.
Officials Call for Quick Stimulus Deal to Forestall Lackluster U.S. Economic Recovery (jw)
WASHINGTON—Federal Reserve officials and some other policy makers are stepping up calls for a quick jolt of stimulus spending as recent economic data point to uneven growth.
Their concern: Even if the current recovery is self-sustaining, a delay could lead to a repeat of the lackluster rebound from the 2008 financial crisis, when a burst of spending was followed by an abrupt reversal.
A Venezuelan oil tanker has been parked for nearly two years in the Gulf of Paria, carrying approximately 80 million gallons of oil. New photos of the vessel show it appearing to tilt heavily on its side — leading to growing concerns of a potential environmental disaster that threatens one of the richest areas of biodiversity in the world.
Record-Setting Fires in Colorado and California (jw)
For much of the United States around and west of the Rocky Mountains, the summer and autumn of 2020 have been rough. Nearly 80 percent of the region is facing some level of drought, affecting 40 million people. Heat waves have intermittently baked various regions of the Southwest. And wildfires have raged, fueled by unusual lightning storms, parched vegetation, and other hints of a changing climate. The natural drama has been punctuated by the fact that Colorado and California have set records for the largest fires (by area) in each state’s history.
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Provided daily by the Peak Prosperity Gold & Silver Group
Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”
The post Daily Digest 10/24 – New coronavirus type found in Norway, Record-Setting Fires in Colorado and California appeared first on Peak Prosperity.
If you’ve paid to register for the Peak Prosperity 2020 Seminar, all the details for watching the event live (airing now from 10am ET on Sat Oct 24 through 5pm ET on Sun Oct 25) are provided below.
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The post Looking To Access The Peak Prosperity 2020 Seminar? appeared first on Peak Prosperity.
