With gold and silver continuing to consolidate the massive gains seen in 2020, look at what is happening behind the scenes.
The post With Gold & Silver Prices Still Consolidating 2020’s Massive Gains, Look At What Is Happening Behind The Scenes appeared first on King World News.
Trump administration announces nationwide eviction moratorium through end of the year (tmn)
The move drew a mixed reaction from housing experts: praise that it would potentially keep tens of millions of Americans in their homes but concern that it only moves back a deadline, potentially setting people up for evictions next year because they would continue to accrue back payments during the pause in evictions.
It’s also not clear how the move affects landlords, who must continue to make their own payments.
Facebook And Twitter Remove Russia-Backed Accounts Targeting Left-Leaning Voters (edelinski)
“Russian actors are trying harder and harder to hide who they are and being more and more deceptive to conceal their operations,” said Facebook’s Head of Cybersecurity Policy Nathaniel Gleicher in an interview with NPR. “But there was very little attention paid to this operation.”
Why Trump’s ‘Buy American’ campaign went nowhere (tmn)
One reason for Trump’s lack of progress has been his tendency to announce new initiatives, but then to move on to other subjects with little or no follow-through.
Shortly after taking office in 2017, for example, Trump seized on a Great Depression-era procurement law called Buy American, which he said would be used to strengthen rules requiring federal agencies to purchase domestically made goods whenever possible.
Family, activists decry shooting death of Black man by L.A. County sheriff’s deputies (tmn)
“The deputies essentially executed a man riding his bicycle,” Najee Ali, a community activist, said Tuesday while standing beside some of Kizzee’s relatives at the scene of the shooting.
“They’ll say he had a gun, but what they won’t say was that he was not armed with the gun. He did not point the gun. … There was no reason for deputies to shoot a running man.”
ITM Trading: The Purchasing Power Lifecycle of Consumer Dollar (pinecarr)
The literal translation of “fiat” is by decree. In other words, government mandated money. What the government giveth, the government can taketh away, but they prefer to do it as invisibly as possible. Together with the Federal Reserve, they use inflation, which causes “nominal confusion”, to get individuals to volunteer the value of fiat money over time.
Inflation is NOT a monetary phenomenon but rather is embedded in fiat money. Further, by design, the average wage NEVER keeps pace with inflation, though fiat money assets may.
Who Gets To Vote In Florida? (tmn)
But, after voting in the primary, Riddle may not be able to vote in the upcoming general election. Six months after Amendment Four passed, the Republican-dominated legislature approved a law dictating that ex-felons could vote only if they first paid all the fines, restitution, and fees imposed at their sentencing. The law may affect as many as seven hundred and seventy thousand Florida residents, about half of whom are Black. In many cases, the totals came to thousands of dollars. The burden was not just large but uncertain: state officials testified that they had no way of knowing how much money felons owe, or whether they have paid; those calculations would take six years or so to complete. The legislation gutted Amendment Four, but DeSantis claimed that he was merely enforcing the language that voters had approved. “The amendment does not apply to a felon who has failed to complete all the terms of his sentence,” he maintained.
Where Will The World’s Next Giant Gold Discovery Be Made? (Michael S.)
Especially when it’s a small-cap miner like Starr Peak Exploration Ltd. (TSX:STE.V; OTC:STRPF) that was prescient enough to place itself right next to a huge gold discovery – before it happened.
And now the company is doubling down with major new acquisitions in the heart of one of the friendliest mining regions in the world.
‘Here We Go Again’: A Second Virus Wave Grips Spain (tmn)
France is also surging, as are parts of Eastern Europe, and cases are ticking up in Germany, Greece, Italy and Belgium, too, but in the past week, Spain has recorded the most new cases on the continent by far — more than 53,000. With 114 new infections per 100,000 people in that time, the virus is spreading faster in Spain than in the United States, more than twice as fast as in France, about eight times the rate in Italy and Britain, and 10 times the pace in Germany.
Florida Cuts Ties With Large Coronavirus Testing Lab, Citing 75,000 Delayed Results (edelinski)
The governor’s office learned on Monday night that Quest would include the large batch of delayed results as part of its next data entry into the state’s monitoring system — meaning that thousands of tests performed weeks, or even months, ago would be reported in a single day’s results. The delayed release of such a large number of results could drastically change the daily statistics that officials monitor for virus trends.
DeSantis was clearly displeased.
A Supercomputer Analyzed Covid-19 — and an Interesting New Theory Has Emerged (Nicole F.)
In this sense, Covid-19 is like a burglar who slips in your unlocked second-floor window and starts to ransack your house. Once inside, though, they don’t just take your stuff — they also throw open all your doors and windows so their accomplices can rush in and help pillage more efficiently.
An interim analysis will be performed by an Independent Data and Safety Monitoring Board (“DSMB”) after 210 patients have been treated and followed up for 28 days after randomization. The better performing Bucillamine dose at the interim analysis will be selected and patients will then be randomized 2:1 to the selected Bucillamine dose or placebo. Additional interim analyses will be performed after 400, 600, and 800 patients have reached this same post-treatment timepoint. The independent DSMB will actively monitor interim data for the ongoing safety of patients and will recommend continuation, stopping or changes to the conduct of the study based on the interim analysis reports.
Amazon ‘condemned to destruction’ as fires proliferate across Brazil (tmn)
“The Amazon is condemned to destruction,” despaired one former top official at Brazil’s enfeebled environmental agency, Ibama, accusing the far-right populist of overseeing a wholesale “demolition” of protection efforts.
“Under this government there will be no combating [of rainforest destruction],” the ex-official said. “The future looks dark.”
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 9/2 – Second Virus Wave Hits Spain, Who Gets To Vote In Florida? appeared first on Peak Prosperity.
For all of the gold and silver bulls across the globe, take a look at this...
The post One Of The Most Important Charts In The World For Gold & Silver Bulls appeared first on King World News.
Ice Age? We don't know yet but you can chalk one up for the deflationists, plus stock market euphoria highest since Dot-Com bubble.
The post ICE AGE: Chalk One Up For The Deflationists, Plus Stock Market Euphoria Highest Since Dot-Com Bubble appeared first on King World News.
from Kerry Lutz's Financial Survival Network
Extensive discuss with Craig Hemke a/k/a Turd Ferguson. It’s all about negative real interest rates. The Fed can under no means allow interest rates to rise. This means that as inflation kicks up, real interest rates will turn decidedly negative, maybe by as much as 300 to 400 basis points. When was the last time we saw anything like that? In the late 1970’s-1980’s, when gold hit it’s then all time of $850 per ounce. Craig thinks we could very well be heading there soon. So look out above, higher precious metals prices are just around the corner. And there’s very little resistance above $2080, so this move could be epic.
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from Kerry Lutz's Financial Survival Network
When we last spoke with Trilogy Metals (Ticker symbol TMQ on the TSX and NYSE) CEO Tony Giardini, the company was anxiously awaiting US Government approval of its 120 mile road connecting its Ambler Mining District with the famed Dawson Highway. That approval was the only thing standing between Trilogy and developing this huge mining district. And finally, after numerous delays, the approval came through and the project was green-lighted.
The recently released feasibility study gives a glimpse of what’s in store… Pre-tax Net Present Value (“NPV”)8% of $1.6 Billion and an Internal Rate of Return (“IRR”) of 31% for the base case. After-tax NPV8% of $1.1 Billion and after-tax IRR of 27% for the base case. At current spot metals prices of $2.94/lb copper, $1.09/lb zinc, $0.89/lb lead, $2,001/oz gold and $28.89/oz silver, the pre-tax NPV8% is $1.8 Billion and IRR is 33.8% and after-tax NPV8% is $1.3 Billion and IRR is 29.6%. As shown above there’s billions in copper, zinc, lead, silver and gold just waiting to be realized. And that’s without taking the massive exploration potential into account. With $145 million in the bank and global partner South 32, the road ahead is indeed paved with riches.
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Here is a look at the LBMA and Bank of England smoke & mirrors, plus silver liftoff.
The post LBMA And Bank Of England Smoke & Mirrors, Plus Silver Liftoff appeared first on King World News.
from Kerry Lutz's Financial Survival Network
Click Here to Listen to the Audio
John Rubino returns… This week the CDC admitted that the virus is not as dangerous as we’ve been lead to believe, and Warren Buffett admitted that he’s totally confused by negative interest rates. The Ohio police and firefighter pension fund decided to allocate 5% to gold. Is this the start of pension funds moving to gold? Mall giant Simon is busy buying up busted retailers, illustrating how deeply the pandemic has reshaped the retail sector. Is the robo-apocalypse getting closer? A.I. piloted plane beats top gun pilot in dogfight. All this, and more with John Rubino.
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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. Today we discuss:
1. Zoom video Communications (ZM) is soaring today after earnings. This move in zoom is lifting the cloud software stocks this morning. So the tech heavy NASDAQ Composite is trading higher again. This index is now up about 32% this year. It’s in a parabolic move.
2. Beware of September and October. While the trend is up you’ve got to be ready for turbulent times. Be alert and on guard. March is also known for crashes and bottoms in the in the market. Pivotal months historically, looking back at the historic.
3. Going into Labor Day we usually see low volume and this is the time where the masters of the universe take their vacations. It’s rare that it does happen. Election is just around the corner.
4. Gold and silver they keep moving up. Gold futures are flat and silver is up. Making great chart formation, staying in the pattern. Central Bankers have virtually insured that it’s going higher.
For more info, go to InTheMoneyStocks.com.
Click Here to Listen to the Audio
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Your ‘Surge Capacity’ Is Depleted — It’s Why You Feel Awful (Ed J.)
In those early months, I, along with most of the rest of the country, was using “surge capacity” to operate, as Ann Masten, PhD, a psychologist and professor of child development at the University of Minnesota, calls it. Surge capacity is a collection of adaptive systems — mental and physical — that humans draw on for short-term survival in acutely stressful situations, such as natural disasters. But natural disasters occur over a short period, even if recovery is long. Pandemics are different — the disaster itself stretches out indefinitely.
“The pandemic has demonstrated both what we can do with surge capacity and the limits of surge capacity,” says Masten. When it’s depleted, it has to be renewed. But what happens when you struggle to renew it because the emergency phase has now become chronic?
Why studying Chinese is in decline (tmn)
When Mr Johnson was declaring his Sinophilia, well-to-do parents saw Mandarin as a good investment in their children’s future. In 2015 Hatching Dragons (pictured), Britain’s first bilingual English-Mandarin nursery, opened its doors to 32 little linguists; it has since taught over 500 children, for around £1,881 a month per child. But Cennydd John, the nursery’s chief executive, laments that there is “almost no option” for children to continue their bilingual education once they leave at the age of five. Fewer than 3% of primary schools in England offer Mandarin.
As Guns Get Drawn at Protest Sites, Demonstrators Fear a Volatile New Phase (jdargis)
“For a lot of these folks, the attention is the endgame,” said the official, who said the same appeared true of many hard-line leftist antifa demonstrators. “If you really sat down and said, ‘What are the policy objectives you’d like to see?’ They wouldn’t want that because there’s so much that comes with this, like having your voice heard in these settings and validating you to other followers.”
Build state capacity by building charter cities (tmn)
To take a simple example, we can compare the efficiency of two governments building a road. All else equal, the government which was able to build the road more quickly would be said to have higher state capacity. Advocates of state capacity suggest that competence in building a road is correlated to other competencies in governance. A government that is good at building a road tends to also be good at building a bridge or even administering a vaccine. Thus, we can talk about state capacity as a singular thing, rather than state’s simply having discrete skills at certain tasks. Having this thing, state capacity, allows for the provision of public goods as well as fair and efficient dispute resolution. Indeed, it is one of the foundations of a successful society.
The Conscience of Silicon Valley (tmn)
He diagnosed me right away. “Well, so this is a delicate topic, and it’s often been difficult to talk about, but there’s some kinds of people who particularly get Twitter addictions and they’re often journalists—”
I laughed sadly. “And people who are addicted to Twitter are like all addicts—on the one hand miserable, and on the other hand very defensive about it and unwilling to blame Twitter.” (Shortly after this conversation, I quit Twitter for about three weeks. It was soothing. Actually, it was life-changing. As of this writing, for reasons I don’t understand—but also do, all too well, because of Lanier—I’m back on the platform. Please kill me.)
The classroom and COVID: Teachers say they want to be ‘treated as though we’re real people’ (jdargis)
Many teachers feel trapped. The tension in Arizona and around the nation is dredging up a conversation on teaching contracts that in a typical year ensure educators don’t renege too close to the start of the school year — thus leaving the district scrambling to find a replacement — by imposing fines, or threatening a temporary suspension or revocation of a teaching license.
But, as special education teacher Karen Oliver stressed when she spoke at the August school board meeting, this isn’t a typical year.
For many Black Americans, the impacts of the pandemic are compounded. Many have one or more family members who have died of the disease on top of neighbors, friends, friends of friends, or others in their communities. Facebook feeds are full of posts announcing another death, another virtual funeral, another remembrance page.
“Every time you look up, there is another RIP post, or a friend seeking prayers for their loved one who is battling this cruel virus,” said Desha Hargrove of Detroit, who lost her husband to Covid-19 in March. “I am simply devastated at how this virus has mainly impacted our communities.”
Large U.S. covid-19 vaccine trials are halfway enrolled, but lag on participant diversity (tmn)
Creating vaccine trials that, at minimum, mirror the racial and ethnic breakdown of the American population, which is about one-third total Black, Hispanic and Native American, has been a major focus — a necessity to make sure any vaccine works for everyone and is broadly accepted. Current enrollment numbers lag even that target.
COVID‐19, cilia, and smell (000)
The mucociliary escalator removes inhaled pathogenic particles and functions as the first line of protection mechanism against viral infection in the human airway. Thus, future investigation into the virus–cilium interface will help further the battle against COVID‐19.
SARS-CoV-2 Coronavirus and patents (000)
In human beings, coronaviruses cause respiratory conditions, including Severe Acute Respiratory Syndrome, caused by the SARS-CoV virus, which hit several countries between November 2002 and July 2003; and Middle East Respiratory Syndrome, caused by the MERS-CoV virus, responsible for the virulent 2012 outbreak.
To date, only 7 strains of human coronaviruses are known. The last of them, the recently discovered in Wuhan (SARS-CoV-2), has turned out to belong to the Betacoronavirus genus, with a nucleotide sequence showing approximately 80% identity with the SARS-CoV virus sequence. The disease caused by this virus has been officially named COVID-19.
American Clinical Research Needs to Step Up Its Game Against Covid-19 (tmn)
Americans and American biomedical researchers have often prided themselves on conducting the best clinical research in the world. Yet with over six million Covid-19 cases and almost 183,00 deaths, the United States has produced little pathbreaking clinical research on treatments to reduce cases, hospitalizations and deaths. Even one of the most important U.S. studies to date, which showed that the antiviral drug remdesivir could reduce the time Covid-19 patients spent in the hospital to 11 days from about 15, had too few patients to demonstrate a statistically significant reduction in mortality.
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 9/1 – Our ‘Surge Capacity’ Is Depleted, The Classroom And COVID appeared first on Peak Prosperity.
from Kerry Lutz's Financial Survival Network
Click Here to Listen to the Audio
Noted radio show host Joe Messina joined us for a convention review. The RNC appears to have hit a home run, while the DNC fouled out. The RNC cast America in a positive light, where as the DNC was a scene out of Cat On A Hot Tin Roof.
Is it time to start shooting violent looters and rioters? White Antifa and BLM rioters are burning down black businesses. Makes sense right? Did you say there’s rioting going on? I’m shocked.
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