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GBMIF UP 99.66% today!!!!!
#CANNABIS_NATION: HAPPY NEW YEAR...2023...Peter Schiff
Peter Schiff knows whats next...
https://youtu.be/MkT7I3OBkl0?t=25
THC BioMed Releases First Quarter Results
VANCOUVER, BC, Dec. 1, 2021 /CNW/ - THC BioMed Intl Ltd.
("THC BioMed" or the "Company") is pleased to report its financial results for the three months ended October 31, 2021.
Q1 HIGHLIGHTS
Produced a gross margin profit after fair value adjustments of $711,761 and net income of $25,006
Sales revenue increased 83% period to period
Sales of edibles in Q1 made up 21.3% of total sales
Facility buildout completed
Received a Notice of Allowance from the Canadian Patent and Trademark Office regarding its patent application for the invention of a Contrast Illuminated Tamper Resistant Plant Shipping Container, or the Clone Shipper unit. The Notice of Application is not a grant of patent rights at this time but a notice from the Examiner that the Application is being allowed.
HIGHLIGHTS SUBSEQUENT TO OCTOBER 31, 2021
On November 1, 2021, the Company entered into a lease for an additional unit at the facility on Acland Road in Kelowna, British Columbia. The lease is for a five year term expiring October 31, 2026. The monthly lease payment is $2,500 plus costs of $726 excluding the Goods and Services Tax. This unit will be used for administration
MANAGEMENT COMMENT
"We are pleased to report net income for the quarter. This reflects the hard work to streamline production, especially regarding our edible products," said THC BioMed President and CEO, John Miller. "Going forward, we intend on concentrating on the edibles market and specifically our THC Kiss Beverage Shot, THC Kiss Gummies and THC Kiss Biscuits which will continue to improve our gross margin and subsequent bottom line."
https://investorshub.advfn.com/secure/post_new.aspx?board_id=28184
#CANNABIS_NATION: Oh Canada...!!!!
This is why we need to fight.....!
Three Events: Connect The Dots If You Dare....
https://www.dailymail.co.uk/news/article-11507875/America-afraid-Canada-euthanizing-10-000-citizens-year-TOM-LEONARD.html
https://www.zerohedge.com/news/2022-12-22/three-events-connect-dots-if-you-dare
BY CAPITALIST EXPLOITS
TUESDAY, DEC 27, 2022 - 7:09
Things are hurtling down the drain of tyranny in Canada where the government is looking to pass Bill C36 in British Columbia.
This bill “redefines” what informed consent is and provides power to the government to force medicate citizens for any illness while allowing the censorship of anyone that dissents, and, get this — to seize their property and imprison them.
While this is taking place the The College of Physicians and Surgeons in Ontario sent out a memo to all doctors in Ontario suggesting that patients who aren’t jabbed should be considered as folks with a mental-illness and put on psychiatric medication…
https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/insider-weekly-261-09-1.png?itok=ArUWXqLP
Disagreeing with the government’s medical procedures will be deemed a sign of mental illness and the government can “act accordingly.”
I’m not making this isht up.
But wait, that’s not the most insane part. The state has said that some of the details of this bill will “remain undisclosed until the bill has passed.”
Here’s my question. If they are prepared to divulge the details discussed without hiding it, pray tell, what they are unprepared to mention?
Holy shit! To review. They have told us they can seize your property, imprison you if you don’t get their “medication,” and if you dissent, you can be labelled mentally ill and drugged.
No, I’m not kidding. It’s right there in the bill.
What else?
Canada expanding assisted suicide law to include the mentally ill, possibly enable ‘mature minors’
How to deal with people with “mental illness”?
Well, they’ve got a solution for that, too. MAIDS. Now, five years ago you’d have been forgiven for thinking that a solution for a depressed bloke would have been a maid.
Don’t cancel me for being male. Sadly, however, this is nothing of the sort.
No, MAIDS stands for Medically Assisted Death by Suicide.
https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/insider-weekly-261-10-2.jpeg?itok=7_hXL4AD
The truly revolting MSM, with the sensitivity of a Hannibal Lecter, wasted no time in gleefully extolling the benefits of murdering people.
https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/insider-weekly-261-11-3.png?itok=iJQSSjFi
We can only hope and pray that someday these revolting little degenerates stand trial for facilitating crimes against humanity or just take themselves off to a dark room for their very own medicine. They ought to know how to use it so….
The Daily Mail ran this story on the topic.
America, be very afraid: Canada is euthanizing 10,000 of its citizens a year, by TOM LEONARD
Canada, a country that prides itself on its open-mindedness and tolerance, has the most permissive rules on euthanasia in the world – and the results have been frankly terrifying.
Last year, more than 10,000 people in Canada – astonishingly that’s over three percent of all deaths there – ended their lives via euthanasia, an increase of a third on the previous year. And it’s likely to keep rising: next year, Canada is set to allow people to die exclusively for mental health reasons.
For reference, Canada has killed more people with “assisted suicides” than Covid killed.
The article goes on to tell the story of Canadian army veteran and Paralympian Christine Gauthier.
Only last week, a jaw-dropping story emerged of how, five years into an infuriating battle to obtain a stairlift for her home, Canadian army veteran and Paralympian Christine Gauthier was offered an extraordinary alternative.
A Canadian official told her in 2019 that if her life was so difficult and she so ‘desperate’, the government would help her to kill herself. ‘I have a letter saying that if you’re so desperate, madam, we can offer you MAiD, medical assistance in dying,’ the paraplegic ex-army corporal testified to Canadian MPs.
And if you think this is designed for old and frail people, it’s not.
These parasites know the data and the data shows us that “suicide is now the second-biggest killer of 10-18 year olds.”
The Economist (I know, I know, shitty rag that it is) ran an article on this data.
More young Americans are ending their own lives
So now you take vulnerable people, no matter the age, who are suffering from the harmful effects of their own government placing them in solitary confinement for extended periods of time, and when (or if) they seek help, they get offered the ultimate “solution.”
One can imagine vulnerable people taking this option.
It’s maddening, disgusting, and there are words to describe this that I’ll not put in print here, but….
Henry Kissinger, easily one of the most despicable evil little worms to have ever walked this planet, told us all long ago what the plans were.
https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/insider-weekly-261-12-4.jpeg?itok=1oy95mJP
Now, I know all of this is truly dystopian.
Only a totally programmed sheeple can possibly see this as anything other than what it is. And yes, there will always be some of those. You know what they say.
You can’t fix stupid.
Now, I have an idea. Since they love this stuff so much we give them a taste of their own medicine.
At the next global conflagration of pointy shoes (the Davos WEF forum will do just fine), we trot in there with our own “medical experts,” who, upon viewing the psychopaths, deem them all mentally unstable.
Not hard, really.
Thus these folks are perfect for “assisted suicide.”
Hey, it’s their policies, not ours. Then, when they all reject the kind offer, we simply let them know that in order to exit the building they need a special pass. We’ll call it a save humanity pass (SHP).
I’m still not sure what the SHP could entail, but perhaps a chip embedded in their skulls so that humanity knows exactly where they are at all times.
For safety, folks.
That, until we have our wonderful pharma companies creating a “safe and effective” vaccine that “fixes” psychopaths. Just musing…
Still we have some effective cures for yet another ailment many of them suffer from.
Pedophilia.
https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/insider-weekly-261-13-296x300-5.jpeg?itok=0-Y4o5z6
The good news remains. As discussed last week with respect to Alberta and how they’re pushing back against such things. Once again, there exists an arbitrage opportunity.
My friend Doug Casey always likes to say that where there is a crisis there is opportunity, and I tend to agree.
Let’s take something pretty simple, as we just did earlier (Antalya, Turkey and Oxford, London). This time we’ll stay put in “Canookland. “
Here is a 2 bed, 2 bath apartment in Vancouver ($1,488,000). You could buy this…
One of these states can show up on your door to medicate you or deem you “insane” and force medicate you accordingly and the other won’t.
I don’t want to be bombastic or scare the wits out of you, but it could be a life or death decision. Just saying.
Also, I literally just did a Google search on properties, so don’t @ me with arguments about location and so on. Do your own DD.
- Chris MacIntosh | ?? Insider #261 Newsletter
Merry X-Mas to you as well Cap!
#CANNABIS_NATION: BANANA REPUBLIC IN ACTION...;-(
MERRY CHRISTMAS....Mr. Puffs
https://pirate-bays.net/search?q=trminator+3
THE BIG SHORT
#CANNABIS_NATION: $JNUG: 2023 REALITY HITS THE FAN... ALL IN BABY...!
https://www.zerohedge.com/markets/here-comes-job-shock-philadelphia-fed-admits-us-jobs-overstated-least-11-million
How is it possible for US govt. to revise Q2 U.S. jobs growth from originally reported 1,121,500 to just 10,500 net new jobs & why does anyone pay any attention to massively overhyped "jobs Friday" numbers every month touted by CNBC & other media outlets? https://t.co/BNAyE5mbnU
— fred hickey (@htsfhickey) December 17, 2022
#CANNABIS_NATION: PURE BLOOD NATION...
Nonprofit Blood Donation Service Starts Matching Unvaccinated Patients With Donors
By Allan Stein December 2, 2022 Updated: December 4, 2022
https://www.theepochtimes.com/nonprofit-blood-donation-service-starts-matching-unvaccinated-patients-with-donors_4899313.html?welcomeuser=1
Swiss naturopathic physician George Della Pietra believes people worldwide should be free to choose whether to get a COVID-19 vaccine injection or not.
He believes the same should hold for those receiving transfusions with “vaccinated” blood.
“The problem is right now we have no choice,” said Della Pietra, founder of the nonprofit Safe Blood Donation service, matching unvaccinated blood recipients with donors in 65 countries.
“It was very clear from the beginning that the COVID hype was way out of control,” Della Pietra said. “It was not as dangerous as they say it was.
“As a naturopath, I can make no sense of this pandemic, which was never really a pandemic. It leaves space for so many explanations.”
Della Pietra believes that an mRNA injection is more dangerous than the pharmaceutical companies are willing to admit. He said the growing numbers of adverse reactions are reason to question their safety and effectiveness.
Data from the Centers for Disease Control and Prevention showed that vaccinated and boosted people made up 58.6 percent (6,512) of the COVID-19 deaths in August—up from 41 percent in January.
“We can no longer say this is a pandemic of the unvaccinated,” Cynthia Cox, the Vice President of the Kaiser Family Foundation told The Washington Post in an article on Nov. 23.
Nearly 70 percent of the world’s 8 billion people have received at least one mRNA injection for COVID-19 since the vaccines began rolling out in 2021 at the height of the virus’s spread.
Each of the three primary mRNA COVID-19 vaccines contains COVID-19 “spike protein” fragments, which bind at the cellular level to stimulate an immune response to the virus.
Della Pietra believes these spike proteins produce “classic symptoms”—namely blood clots—that “horrified” him.
“I’ve never seen anything similar—and I’m not talking only about spike proteins,” Della Pietra told The Epoch Times in a phone interview.
“It’s unbelievable because we never had this problem before. It’s been only two years. They want to keep the narrative [that an mRNA vaccine] is not dangerous.”
Although donated blood and plasma must undergo a cleansing process before transfusion, Safe Blood Donation says this is not enough to remove all mRNA ingredients.
“I’m talking about graphene oxide and non-declared inorganic components in the vaccine, which we can see in the blood. When I see them, I have no idea how we can get rid of them again,” Della Pietra said.
Looking at the abnormalities in vaccinated blood, he said, “OK, we have a problem.” People are receiving the vaccine “more or less through the back door.”
“You can not avoid it anymore.”
In the United States alone, there are approximately 16 million units of donated blood annually. Of those units, about 643,000 are “autologous”—self-donated—and the number is increasing yearly, according to BloodBook.com.
Della Pietra said that, to his knowledge, Safe Blood Donation, based in Switzerland, is the first unvaccinated blood donation service of its kind.
“So, there is no blood bank with mRNA-free blood yet, not even with us,” Safe Blood Donation states on its website.
“And, although we have already asked hundreds of clinics, at the moment—at least in Europe—all of them still refuse to allow the human right of free blood choice with them—or at least do not want to be mentioned because otherwise, they fear reprisals.”
Della Pietra said the main goal of Safe Blood Donation isn’t to start an mRNA-free blood bank. Rather, it’s to make it possible to match unvaccinated blood donors and unvaccinated recipients, “which we bring together in a clinic (medical partner) that allows the choice of blood donor.”
Medical website Seed Scientific said that blood banks and biotech companies will offer as much as $1,000 monthly for blood donations.
While Della Pietra said there are no unvaccinated blood banks, he sees the demand for unvaccinated blood rising.
“This is why I decided to do [SafeBlood Donation]. I wanted to make a network for unvaccinated people looking for a blood donor because they need it—whether they have scheduled surgery or an emergency,” he said.
Safe Blood Donation began working in the United States about a month ago, building an infrastructure of medical partners.
However, in the current medical environment, central blood banks such as the Red Cross don’t segregate their blood donations based on their vaccinated or unvaccinated status.
https://img.theepochtimes.com/assets/uploads/2022/11/01/shutterstock_1848323551.jpg
“The American Red Cross does not facilitate designated donations for standard blood needs, as this process often takes longer and is more resource intensive than obtaining a blood product through our normal process,” the Red Cross told The Epoch Times in an email.
“In a small number of situations, there is an exception for rare blood types where compatible blood types are extremely difficult to find. A rare blood type is defined as one that is present in less than 1/1000 people.
“We want to emphasize that the Red Cross adheres to all donor and product requirements as determined by the FDA to ensure the safety of the blood supply and is committed to continuing to provide life-saving blood products for patients across the country.”
The National Library of Medicine said that “across study sites, the average hospital cost per unit transfused was $155 and the average charge per patient was $219.”
Still, the Red Cross, which provides 40 percent of the nation’s blood donations, said “no studies” demonstrate adverse outcomes from transfusions of blood products collected from vaccinated donors.
On the contrary, “blood saves and improves the lives of millions of individuals every year.”
The organization also provides an autologous blood donation service for clients who wish to store their blood for themselves or their friends and relatives.
Vitalant, a nonprofit blood donation collector and provider, “does not directly interact with patients, so we cannot offer any insight on how frequently hospital patients may make such requests” for unvaccinated blood, said Liz Lambert, strategic communications manager.
The Food and Drug Administration, which sets blood safety standards in the United States, “does not require blood product labeling to differentiate between donors who have or have not been vaccinated,” Lambert told The Epoch Times.
Meanwhile, the World Health Organization is seeking the authority to determine global health policy against future pandemics, which includes the standard use of mRNA vaccines.
Della Pietra said this is an insidious sign of what’s to come as quantities of unvaccinated blood supplies become shorter and more costly to procure.
“It will become rarer,” said Della Pietra, who wants people to have a choice—”the same choice we had 10 years ago.”
Major Financial Association And 44 State Partners Demand Marijuana Banking Vote In The Senate Before Year’s End
https://www.marijuanamoment.net/major-financial-association-and-44-state-partners-demand-marijuana-banking-vote-in-the-senate-before-years-end/
Happy Turkey Day 2 U as well Cap!
#CANNABIS_NATION: $SQQQ: Credit Suisse is in some deep doo-doo...
https://www.reddit.com/r/Wallstreetsilver/comments/z36t5h/credit_suisse_is_in_some_deep_doodoo/
https://rumble.com/v1wac7i-world-premier-died-suddenly.html
The 2nd largest Swiss Bank, Credit Suisse, is experiencing a bank run of epic proportions. It was announced last night that during the first few weeks of this quarter alone they saw a capital outflow of $88.3 billion, which consequently saw their share price drop to its lowest point in over 30 years.
While we have already discussed the Credit Suisse saga previously and in this video (
#CANNABIS_NATION: Hey cuckoo... Happy Turkey Day....
Go to min. 45 to see what is going on....
https://rumble.com/v1wac7i-world-premier-died-suddenly.html
$MLRT - MetAlert is a Los Angeles-based company focusing on consumer healthcare and medical technology products. Its flagship GPS SmartSole tracker is the perfect solution for the problem of wandering because it was made specifically for this purpose. The SmartSole is an insole for shoes that comes equipped with a GPS and cellular tracking device built into it. It is easy to conceal, and patients are less likely to forget their boots at home before they head out the door. This flagship product is a significant catalyst for growth for the company! It's better to do DD on $MLRT.
https://ritzherald.com/why-this-otc-company-has-a-better-solution-than-apples-air-tags/
#CANNABIS_NATION: #SQQQ: The SNB’s purchases of US stocks – with dollars that were bought with francs that it had created out of nowhere – had a similar effect as if the Fed had bought US stocks......
https://wolfstreet.com/wp-content/uploads/2019/10/BeerMug2.jpg
https://wolfstreet.com/2022/11/11/the-swiss-national-bank-began-unloading-its-biggest-us-stock-holdings-incl-apple-microsoft-amazon-alphabet-meta/
The Swiss National Bank Began Unloading its Biggest US Stock Holdings, incl. Apple, Microsoft, Amazon, Alphabet, Meta
by Wolf Richter • Nov 11, 2022 • 125 Comments
It still bought Tesla though, which is down by 52%. It took massive losses. And it’s got a bunch of Imploded Stocks.
By Wolf Richter for WOLF STREET.
The Swiss National Bank has spent years creating Swiss francs, buying dollars, euros, and other currencies with those francs, and then buying assets denominated in those currencies – including a vast portfolio of US stocks.
But that gig is up, it seems. Asset prices have fallen sharply, and the SNB is unloading. It doesn’t disclose details on its balance sheet, but it has to disclose its US stock holdings in quarterly regulatory filings with the SEC, and it now filed its Form 13F for its Q3 holdings. We’ll get to those in a moment.
The total of “Foreign currency investments” on its balance sheet – which includes US stock holdings plus its other foreign currency investments – peaked in February 2022 at CHF 977 billion ($1.04 trillion at today’s exchange rate). By the end of September 2022, they’d plunged by 17%, or by CHF 160 billion, to CHF 808 billion, the lowest since March 2020:
https://wolfstreet.com/wp-content/uploads/2022/11/Swiss-National-Bank-foreign-assets-2022-11-11.png
The composition of the CHF 160 billion plunge in its holdings is a mix of market prices, asset sales, and exchange rates of the CHF to the currencies involved.
The SNB’s US stock holdings.
From the SNB’s filings of Form 13F with the SEC, we can see that the SNB not only took losses from the price declines of its US stock holdings, but that it also sold down most of its largest positions, reducing the number of shares it holds in Apple, Microsoft, Alphabet, Amazon, Meta, etc.
From June 30 through September 30, the value of the SNB’s US stock holdings fell by 8.0 billion, or by 5.4%.
From March 31 through September 30, which had been the peak in terms of the quarterly filings, its US stock holdings fell by $37.5 billion, or by 21.2%.
The value of its US stocks had peaked at the end of Q1 at $177 billion, and by September 30, they’d dropped to $139.8 billion.
Q3 spanned the powerful bear-market rally-and-bust over the summer, with the end effect that the S&P 500 fell 5.3% from June 30 through September 30, and the Nasdaq Composite fell 4.1%.
The SNB is broadly invested in the US stock market. At the end of Q3, it held about 2,770 stocks, including a whole bunch that have become penny stocks, and a slew that went public via merger with a SPAC or via IPO over the past two years and that are now populating my pantheon of Imploded Stocks, such as Carvana.
Let’s take Carvana:
December 31, 2021: SNB held 289,105 shares, $67.01 million, at $231.79 per share.
September 30, 2022, down to 213,300 shares, at $4.33 million, at $20.30 per share (-91% per share).
Today, Carvana closed at $11.88 (up 56% in two days, LOL, but down 96% from its high, and down 41% from the SNB’s booked price on Sep. 30).
The SNB loaded up with these types of stocks that then imploded. It’s kind of funny that it helped enable the craziest US stock market bubble ever. But now it’s trying to unload them.
Top 50 stock holdings by value.
The SNB cut its holdings (reduced the number of shares) in 42 of the top 50 stocks by value in its portfolio from June 30 through September 30.
The SNB started cutting it holdings of some stocks in Q2 already, such as Apple, Meta, Alphabet, and a bunch of others.
But it was still adding to its holdings in Q2 of stocks that it then started to unload in Q3, such as Amazon, Chevron, etc.
Even Apple is on the chopping block: The SNB cut its holdings since June by 649,000 shares, and since March 31 by 918,000 shares, to 70.14 million shares.
It also has some big winners on the list: oil companies, and it’s also unloading them.
It added to its position in Q3 in only 8 of the top 50 stocks, including of Tesla, whose stock is down 52% from its high. The 8 positions that where it increased the share count since June 30 are marked in bold.
A note about this racket.
All its operations combined generated a massive loss of CHF 142 billion in the first nine months of the year, nearly all of it due to these foreign currency investments, which include the losses related to the decline in prices of the stocks and bonds and CHF 24 billion in losses related to exchange rates.
When the SNB was printing Swiss francs to buy foreign-currency-denominated assets, it wasn’t actually doing QE in Switzerland; it was more like doing QE in other countries.
The SNB’s purchases of US stocks – with dollars that were bought with francs that it had created out of nowhere – had a similar effect as if the Fed had bought US stocks.
So now the process is reversing – a form of QT in other countries as the SNB is shedding some of its assets, and losing its butt on others.
What the SNB did was one of the most fabulous central-bank rackets ever, empowered by global speculators and investors that kept buying these Swiss francs that the SNB was creating and selling, and their appetite was driving up the currency’s exchange rate, and the SNB took advantage of it to print more francs, sell more of them for foreign currency – ostensibly to push down the exchange rate of the CHF against the euro, the dollar, and other currencies – and buy more stocks and bonds denominated in other currencies.
So now this tiny country has a $1 trillion portfolio of foreign assets that it has purchased at essentially zero cost – meaning with money it created at zero cost – and its paper losses are just squandering some of the cream of that wondrous racket.
Enjoy reading WOLF STREET and want to support it? Using ad blockers – I totally get why – but want to support the site? You can donate. I appreciate it immensely. Click on the beer and iced-tea mug to find out how:
#CANNABIS_NATION: #SQQQ: GOOD NEWS IS BAD NEWS OR.... ?
"Hard cold fact, apes: precious metals cannot fully regain their traditional safe haven status until the scam digital gambling tokens called cryptocurrencies get utterly annihilated. Sorry about your losses, baggies, but don't say I didn't warn you."
https://www.bls.gov/cpi/
https://www.reddit.com/r/Wallstreetsilver/comments/yqlkhm/bitcoin_plunges_another_10_after_nearcollapse_of/
https://www.metalsdaily.com/
https://www.dailymail.co.uk/news/article-11407295/Cryptocurrencies-TUMBLE-amid-market-panic-near-collapse-troubled-giant.html
Bitcoin plunges another 10% after near-collapse of major exchange: FTX is hit by $6BILLION in withdrawals over 72 hours amid panic over its financial health as it strikes bailout deal with arch-rivals Binance
Cryptocurrencies have tumbled in a wild 72-hour market panic over the near-collapse of one of the world's biggest digital assets exchanges and a hostile takeover by its larger competitor sparked by a public squabble between rival billionaires.
Major crypto exchange FTX struck a tentative bailout deal with its giant rival Binance on Tuesday after concerns about its financial health triggered $6billion of withdrawals in just three days.
Bitcoin, the biggest cryptocurrency, was down than 11 percent on the day on Wednesday morning, at $17,448.70, after plunging 10 percent the day prior in its worst day since mid-August. Ethereum suffered as well, losing nearly 18 percent on the day.
Experts called the shock collapse of FTX another 'alarm warning' for the battered cryptocurrency market and said investors should be cautious for a while.
'This is another black eye for the industry,' said David Holt, a cryptocurrency industry expert at CFRA.
The turmoil comes after Binance's billionaire boss Changpeng 'CZ' Zhao shocked the $1trillion crypto industry with a move to take over troubled exchange FTX, which is led by his chief rival and onetime disciple Sam Bankman-Fried.
Zhao helped spark an exodus of users from the three-year-old FTX.com exchange by actively undermining confidence in its finances, and Bankman-Fried has seen 94 percent of his net worth wiped out as a result.
On Sunday Zhao tweeted that Binance would sell its $2billion of holdings of FTX's in-house digital token FTT, citing 'recent revelations that have come to light'. He did not specify the allegations, but his intervention came just days after pseudonymous crypto researcher Dirty Bubble Media had accused another of Bankman-Fried's companies, Alameda Research, of insolvency.
Markets were then stunned when Binance signed a nonbinding agreement yesterday to buy FTX's non-US unit to help cover what it called a 'significant' liquidity crunch.
FTX and Binance did not disclose the terms of their agreement, and markets face continuing uncertainty over whether it will proceed.
FTT, the smaller token tied to FTX, was down a further 23 percent, after collapsing 72 percent on Tuesday. Its market cap dropped below $600 million, down from around $3 billion at the start of the week, according to CoinGecko data.
https://i.dailymail.co.uk/1s/2022/11/09/11/64360215-11407295-image-a-43_1667993004987.jpg
$RWGI Sleek overlooked a BEAST!
#CANNABIS_NATION Silver is The Achilles' Heel to the Entire Economic System...!
https://www.reddit.com/r/Wallstreetsilver/
:
Great news for $EDXC! Endexx Corp. has secured a new $3.8 million USD order for its newly acquired, non-nicotine-based vape product, HYLA from customers in Italy.
This $3.8M order is significant in two ways for Endexx. First, it provides the Company with more than $6M of revenue in its first two fiscal quarters of 2023, significantly surpassing its revenue for the entirety of the previous fiscal year. Given that the order came from customers in Italy, it is expected that this influential market will also expand the Company’s footprint in regions to the east, where it is believed that in addition to providing a geographic connection, Italy is considered very influential from both an economic and cultural perspective.
https://finance.yahoo.com/news/endexx-secures-3-8m-order-120000642.html
#CANNABIS_NATION: Bank withdrawal Experience....!
#SQQQ: Bank withdrawl Experience....!
https://www.reddit.com/r/Wallstreetsilver/comments/ye0na9/bank_withdrawl_experience/
https://www.fdic.gov/regulations/
Subreddit Icon
r/Wallstreetsilver
•Posted by
u/Kcolten27
5 hours ago
Bank withdrawl Experience
End The Fed
So this morning i was informed that I had some unusual fees hit my bank account. This has happened a few times. Not going to go into that but the guy on the phone was a dick so i drove to the bank to close my accounts. I inform the teller what I am there to do and he asks me to sit and wait for a banker.
Banker number one. We go to her office i explain why I am there and what i needed. She proceeds to try and push a cashiers check on me which I refuse and stated I wanted cash. She claims that they could only give me 5k in cash and the rest would have to be a check. I pull out my phone and start recording which she didn't know and i started to inform her of FDIC regulations. At this point she starts raising her voice and calls the manager to see if they could give me 15k cash and the rest a check which i still refuse. She then asks me to go sit back in the lobby while she gets a manager. At this point i flip my phone over so she can see shes being recorded. SHE WAS PISSED. I informed her that if she wanted to refuse to give me my money that this video was going to my attorney.She marches into the managers office almost yelling that i recorded her blah blah. I quit recording at this point.
Manger. We go to his office while banker number one goes to hers and slams the door. I start from the beginning with him. He tells me the money is no problem but a withdrawal of the size I was asking for would have to be in mixed bills. No big deal.
I say all of this to make a few points. Know your rights. Know the regulations. If things get weird, record. And if at all possible try and keep extra money out of the banks.
I was able to close 2 accounts, personal and business. I left one account open with a few thousand in it so any pending charges will clear and will go close the rest of it out next week.
What an experience. FUCK THE FED.
#CANNABIS_NATION: FLYING LADY BOAT TOURS....
NEW COMPANY FOR THE NEW SEASON...2022 - 23
https://flyingladytours.com/
https://flyingladytours.com/contact/
https://flyingladytours.b-cdn.net/wp-content/uploads/2022/09/flying-lady-boat-tours-new-v2e-horizontal.png
#CANNABIS_NATION: "LETS GO Brandon"
#CANNABIS_NATION: #SQQQ: $3.1 B LAST WEEK...$6.3 B THIS WEEK...SNB....!
https://www.zerohedge.com/markets/cue-dollar-squeeze-panic-fed-sends-record-63-billion-switzerland-swap-line
Cue Dollar Squeeze Panic: Fed Sends A Record $6.3 Billion To Switzerland Via Swap Line
BY TYLER DURDEN
FRIDAY, OCT 14, 2022 - 01:42 PM
BofA Chief Investment Strategist Michael Hartnett (whose latest weekly note we will dissect shortly) has a favorite saying for when critical phase (to avoid the most hated word in the world "paradigm") shifts take place in the market, one which may be the only word a trader in this day and age needs (or rather hopes for): "Markets stop panicking when central banks start panicking."
So in what may be the best news to shellshocked bulls after the worst September and worst Q3 in generations, in a harrowing year for markets, and on a Friday which is set to reverse much of yesterday's historic intraday reversal, the 5th biggest on record, central banks are starting to panic more with every passing day. First it was the BOJ, then the BOE and now, for the second week in a row, it's Switzerland's turn.
Recall that three weeks ago after the (first) panicked pivot by the BOE, when global markets were in freefall, we said that markets desperately needed some words of encouragement from the Fed, or failing that - and with the dollar soaring to new all time highs every day - the Fed had to make some pre-emptive announcement on USD Fx swap lines, if only to reassure global markets that amid this historic, US dollar short squeeze, at least someone can and will print as many as are needed to avoid systemic collapse.
Fed has to issue FX swap line press release before open
— zerohedge (@zerohedge) September 26, 2022
So fast forward two weeks to October 5, when there still hasn't been any formal announcement from the Fed, but ever so quietly the Fed shuttled $3.1 billion to the Swiss National Bank to cover an emergency dollar shortfall, as we first reported a few days ago.
Remarkably, this was the first time the Fed sent dollars to the SNB this year, and the first time the Fed used the swap line in size (besides a token amount to the ECB every now and then)!
But it certainly won't be the last time - as we have warned, expect far wider use of Fed swap line usage as the world chokes on the global dollar shortage - and sure enough overnight the Fed announced that as of Thursday it doubled the size of its USD swap with the world's most pristine economy and its central bank, the Swiss National Bank, sending some $6.27 billion to avoid an emergency funding crunch.
Remarkably, this was only the second time the Fed sent dollars to the SNB this year, and was also the largest single USD swap transfer in history!
https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/SNB%20swaps%2010.14.jpg?itok=iJje8lvQ
The next logical question obviously is: why does Switzerland have a financial institution needing a record $6.3 billion in cheap (3.33%) overnight funding for the second week in a row. We don't know the answer, but have a pretty good idea of who the culprit may be courtesy of Goldman which earlier this week issued the following note:
And speaking of the coming crisis, recall what we said at the start of September: the coming Fed pivot will have nothing to do with whether the Fed hits or doesn't hit its inflation target, and everything to do with the devastation unleashed by the soaring dollar (a record margin call to the tune of some $20 trillion) on the rest of the world.
And speaking of the coming crisis, recall what we said at the start of September: the coming Fed pivot will have nothing to do with whether the Fed hits or doesn't hit its inflation target, and everything to do with the devastation unleashed by the soaring dollar (a record margin call to the tune of some $20 trillion) on the rest of the world.
BBG dollar index 1300, back over covid panic highs, and new record as dollar margin call sweeps emerging markets. Pivot will not come from "inflation target is hit" but from devastation across ROW pic.twitter.com/C3h15bko0B
— zerohedge (@zerohedge) September 1, 2022
Today, none other than Bob Michele, the outspoken chief investment officer of J.P. Morgan Asset Management, told everyone that we were right: as paraphrased by Bloomberg, Bob said "the relentless dollar could forge a path to the next market upheaval."
Michele has been in de-risking mode, sitting on a pile of cash which is near the highest level he has held in 10 years. And he is long the dollar. While a market crisis sparked by the greenback is not his base case, it’s a tail risk that he is monitoring closely.
Here’s how it could happen: Foreigners have snapped up dollar-denominated assets for higher yields, safety, and a brighter earnings outlook than most markets. A big chunk of those purchases are hedged back into local currencies such as the euro and the yen through the derivatives market, and it involves shorting the dollar. When the contracts roll, investors have to pay up if the dollar moves higher. That means they may have to sell assets elsewhere to cover the loss.
“I get concerned that a much stronger dollar will create a lot of pressure, particularly in hedging US dollar assets back to local currencies,” Michele said in an interview. “When the central bank steps on the brakes, something goes through the windshield. The cost of financing has gone up and it will create tension in the system."
The market probably saw some of that pressure already: as we noted at the time, investment-grade credit spreads spiked close to 20 basis points toward the end of September. That’s coincidental with a lot of currency hedges rolling over at the end of the third quarter, he said -- and it may be just “the tip of an iceberg.”
So far so good: and where we agree especially with Michele is what he thinks happens next: as Bloomberg writes, "the central bank will be so committed to combating inflation that it will keep raising rates and won’t pause or reverse course unless something really bad happens to markets or the economy, or both. If policy makers pause in response to market functionality, there has to be such a shock to the system that it creates potential insolvencies. And a rising dollar might do just that."
And the fact that the Fed is already quietly shuttling billions of dollars to various central banks to plug dollar overnight funding holes, confirms that the rising dollar has already done just that. One look at the meltup in FRA-OIS is enough confirmation.
As for what happens next, we suggest that you i) quietly panic if you are still short USD, which so many since at last check (which was March 2020) JPMorgan calculated that the global dollar short was $12 trillion, some 60% of US GDP, a number which has conservatively grown to about $20 trillion as of today...
... and ii) keep a very close eye on this particular hotel.
https://investorshub.advfn.com/uimage/uploads/2022/9/28/vostsagoura_bull_horns_whitehouse.jpg
Endexx Highlights Fiscal Fourth Quarter 2022 Accomplishments
$EDXC - Endexx Corporation reviews key accomplishments over the Company’s fiscal fourth quarter ahead of financial reporting.
Highlights include:
Blesswell™ men’s skincare line introduced first in Target stores and then on Amazon.com. Following Endexx’s CBD pain products availability at Walgreens and skincare at CVS , Endexx products are now available in four of the top eight retailers in the United States in over 8000 mass retail stores nationwide.
Amazon distribution of Blesswell™ skin care products expanded beyond the United States to 13 countries, including Australia, Belgium, Canada, France, Germany Italy, Japan, Mexico, Netherlands, Poland, Spain, Sweden, and the United Kingdom
Endexx significantly expanded its international distribution network and potential revenue streams though the controlling interest acquisition of HYLA, a non-nicotine, guarana-based vape product available in Germany, Italy, Israel, Egypt, Slovenia, Romania, Iran and Bahrain, the United States (where the HYLA formulations are produced) Canada, the Czech Republic, Georgia, Russia, Slovakia, South Africa, Switzerland, the United Arab Emirates, the United Kingdom, and Uzbekistan
Endexx strengthened its balance sheet by entering into the settlement, lock-up, and leak-out agreements with its Historic Investors, in which each Historic Investor agreed to exchange its pre-acquisition Convertible Note and Warrants with a replacement simple Promissory Note. This new Historic Investor Replacement Note removed the convertible debt and warrants and replaced by a simple, non-convertible debt facility with an 18-month term.
HYLA secured two new purchase orders exceeding 200,000 units in the first month of joining Endexx.
https://finance.yahoo.com/news/endexx-highlights-fiscal-fourth-quarter-120000947.html
#CANNABIS_NATION: $SQQQ: Funding Panic Imminent? Fed Quietly Sends $3.1 Billion To Switzerland Via Swap Line....!
https://www.zerohedge.com/markets/funding-panic-imminent-fed-quietly-sends-31-billion-switzerland-swap-line
The next logical question obviously is: why does Switzerland suddenly have a financial institution needing $3 billion in cheap (3.33%) overnight funding. We don't know the answer, but have a pretty good idea of who the culprit may be.
https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/CS%20sell%20options.jpg?itok=Abz8LX9F
BY TYLER DURDEN
TUESDAY, OCT 11, 2022 - 03:34 PM
BofA Chief Investment Strategist Michael Hartnett has a favorite markets phrase that may be the only one a trader in this day and age needs: "Markets stop panicking when central banks start panicking."
Well, in what may be the best news to shellshocked bulls after the worst September and worst Q3 in generations, in a harrowing year for markets, central banks are starting to panic. First it was the BOJ, then the BOE and now, it's Switzerland's turn.
Two weeks ago after the (first) panicked pivot by the BOE, when global markets were in freefall, we said that markets desperately needed some words of encouragement from the Fed, or failing that - and with the dollar soaring to new all time highs every day - the Fed had to make some pre-emptive announcement on USD Fx swap lines, if only to reassure global markets that amid this historic, US dollar short squeeze, at least someone can and will print as many as are needed to avoid systemic collapse.
Fed has to issue FX swap line press release before open
— zerohedge (@zerohedge) September 26, 2022
Fast forward two weeks when there still hasn't been any formal announcement from the Fed, but every so quietly - and just as we expected - the Fed shuttled $3.1 billion to the Swiss National Bank to cover an emergency dollar shortfall.
Remarkably, this was the first time the Fed sent dollars to the SNB this year, and the first time the Fed used the swap line in size (besides a token amount to the ECB every now and then)!
https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/SNB%20swap%20line.jpg?itok=ekGhaiNL
And speaking of the coming crisis, recall what we said at the start of September: the coming Fed pivot will have nothing to do with whether the Fed hits or doesn't hit its inflation target, and everything to do with the devastation unleashed by the soaring dollar (a record margin call to the tune of some $20 trillion) on the rest of the world.
BBG dollar index 1300, back over covid panic highs, and new record as dollar margin call sweeps emerging markets. Pivot will not come from "inflation target is hit" but from devastation across ROW pic.twitter.com/C3h15bko0B
— zerohedge (@zerohedge) September 1, 2022
Today, none other than Bob Michele, the outspoken chief investment officer of J.P. Morgan Asset Management, told everyone that we were right: as paraphrased by Bloomberg, Bob said "the relentless dollar could forge a path to the next market upheaval."
Michele has been in de-risking mode, sitting on a pile of cash which is near the highest level he has held in 10 years. And he is long the dollar. While a market crisis sparked by the greenback is not his base case, it’s a tail risk that he is monitoring closely.
Here’s how it could happen: Foreigners have snapped up dollar-denominated assets for higher yields, safety, and a brighter earnings outlook than most markets. A big chunk of those purchases are hedged back into local currencies such as the euro and the yen through the derivatives market, and it involves shorting the dollar. When the contracts roll, investors have to pay up if the dollar moves higher. That means they may have to sell assets elsewhere to cover the loss.
“I get concerned that a much stronger dollar will create a lot of pressure, particularly in hedging US dollar assets back to local currencies,” Michele said in an interview. “When the central bank steps on the brakes, something goes through the windshield. The cost of financing has gone up and it will create tension in the system."
The market probably saw some of that pressure already: as we noted at the time, investment-grade credit spreads spiked close to 20 basis points toward the end of September. That’s coincidental with a lot of currency hedges rolling over at the end of the third quarter, he said -- and it may be just “the tip of an iceberg.”
So far so good: and where we agree especially with Michele is what he thinks happens next: as Bloomberg writes, "the central bank will be so committed to combating inflation that it will keep raising rates and won’t pause or reverse course unless something really bad happens to markets or the economy, or both. If policy makers pause in response to market functionality, there has to be such a shock to the system that it creates potential insolvencies. And a rising dollar might do just that."
And the fact that the Fed is already quietly shuttling billions of dollars to various central banks to plug dollar overnight funding holes, confirms that the rising dollar has already done just that.
#CANNABIS_NATION: Credit Suisse and the Fed’s Plunge Protection Team...
The 5-year CDS of Credit Suisse has spiked from a reading of 55 basis points in January to an historic intraday high of more than 350 basis points on Monday. The price of a Credit Default Swap reflects the cost of insuring oneself against a debt default by the bank. Who would be stampeding into the CDS of Credit Suisse and driving up the cost of protection? The mega banks on Wall Street that are counterparties to its derivative trades come to mind, as well as hedge fund speculators.
https://wallstreetonparade.com/2022/10/credit-suisse-and-the-feds-plunge-protection-team/
By Pam Martens and Russ Martens: October 4, 2022 ~
At 6:53 a.m. this morning (ET), Dow futures were up 454 points. That followed the Dow Jones Industrial Average gaining 765 points yesterday. No one who has been a trader on Wall Street or a stock broker for multiple decades believes this rally is real. Wall Street veterans are thinking that either the Fed’s plunge protection team or the Treasury’s plunge protection team is behind the rally. Equally unbelievable, as the chart above indicates, is the fact that the major mega banks on Wall Street closed in the green yesterday. Many of these are counterparties to Credit Suisse derivatives and thus subject to the potential for contagion.
Until everyone who works on Wall Street is 25 years old and too young to remember what happened in 2008 after Citigroup began to quake, Wall Street traders are not going to believe that the Dow can stage a legitimate rally or even a short squeeze rally when a Global Systemically Important Bank (GSIB) such as Credit Suisse is blowing out its Credit Default Swaps (CDS).
The 5-year CDS of Credit Suisse has spiked from a reading of 55 basis points in January to an historic intraday high of more than 350 basis points on Monday. The price of a Credit Default Swap reflects the cost of insuring oneself against a debt default by the bank. Who would be stampeding into the CDS of Credit Suisse and driving up the cost of protection? The mega banks on Wall Street that are counterparties to its derivative trades come to mind, as well as hedge fund speculators.
Credit Suisse is Switzerland’s second largest bank, after UBS. It is also a major trading house on Wall Street and a derivatives counterparty to other global banks. Its shares tumbled to an intraday historic low on Monday before closing up in New York, but still at the single-digit price of $4.01. The shares of Credit Suisse have lost 58 percent of their value year-to-date, based on yesterday’s closing price – far worse than its peer global banks.
Various analysts on Wall Street were issuing votes of confidence on the bank yesterday. Unfortunately, one can’t rely on the analysts at other global banks on Wall Street to tell the truth about how bad the situation is at Credit Suisse. The derivative desks of these same banks are highly likely derivative counterparties to Credit Suisse and could lose billions of dollars if it defaults and catch the contagion it leaves in its wake. In fact, many of these banks are likely demanding more cash collateral from Credit Suisse on those derivative trades as we type these words.
The panic around Credit Suisse has been growing as its share price dived this year and last after the bank suffered over $5 billion in losses from its tricked-up derivatives with the family office hedge fund, Archegos Capital Management. Archegos went belly up in March of last year. Credit Suisse’s reputation took another hit from its involvement in the Greensill Capital scandal. Then, of course, there was the infamous spy-gate scandal in 2019 where the bank spied on and followed various employees. (You can’t make this stuff up.)
The panic moves around Credit Suisse’s shares and CDS on Monday were fueled by a Tweet that went viral on Saturday. ABC business reporter, David Taylor, Tweeted this statement: “Credible source tells me a major international investment bank is on the brink.” The Tweet was subsequently removed after it had been retweeted more than 4,000 times.
Dennis Kelleher, President of the nonprofit watchdog, Better Markets, released the following statement yesterday on the situation:
“As the financial condition of Credit Suisse continues to deteriorate, raising questions of whether it will collapse, the world and U.S. taxpayers should be deeply worried as multiple, simultaneous shocks shake the foundations of economies worldwide. Credit Suisse is a global, systemically significant, too-big-to-fail bank that operates in the U.S. and is deeply interconnected throughout the global financial system. Its failure would have widespread and largely unknown repercussions from the inconvenient to the possibly catastrophic.
“That is due, in part, to the failure of the Federal Reserve to properly regulate the activities of foreign banks that have U.S.-based operations. The U.S. has a largely ineffective regulatory framework with gaping loopholes that fail to include some of even the most basic safety and soundness requirements, which incentivizes regulatory arbitrage. As a result, the U.S. financial system and economy are needlessly threatened.
“An effective and appropriate regulatory framework for large foreign banks that covers all of their U.S.-based affiliates should have been established when the Fed set up so-called U.S.-based intermediate holding companies (‘IHCs’) that they regulate. Instead, U.S.-based branches of foreign banks (which are not consolidated within the IHC) face significantly weaker standards than the IHC, remarkably including no specific capital requirements in the U.S. Furthermore, the branches have significantly weaker liquidity requirements. This has resulted in many foreign banks – including in particular Credit Suisse – engaging in regulatory arbitrage by shifting large amounts of assets from their IHCs to their branches, entities that are entirely reliant on the resources of their foreign-based parent companies. The 2008 financial collapse proved that these resources are not available in periods of stress, which is why the U.S. bailed out so many foreign banks operating in the U.S. The Fed should have stopped that long ago.
“As is well-known, risks in the global financial system that materialize elsewhere easily end up becoming risks here in the U.S. and threaten our financial system and economy. Those risks are amplified by the unprecedented fiscal and monetary policies attempting to address the many unexpected shocks from the pandemic and war. The Fed must see Credit Suisse as a warning sign and improve the regulatory framework for large foreign banks and all banks to ensure that the American financial system and economy are properly protected.”
Lisa Gilbert, Executive Vice President of another nonprofit watchdog, Public Citizen, released this statement:
“The tumult at Credit Suisse was brought on by the bank’s own penchant for recklessness and risk-taking, which caused market participants to lose confidence in its ability to withstand changing conditions, such as this year’s rise in interest rates and significant commodity volatility – highlighting that financial regulation remains extremely relevant and important. Regulators must remain vigilant – given the risks giant financial firms pose to the global financial system – and work to complete the long overdue rule from the Dodd-Frank Wall Street Reform Act that would deal with risky CEO behavior incentivized by huge pay packages.”
#CANNABIS_NATION: "LETS GO BRANDON"...
https://truthsocial.com/@JackPosobiec/posts/109099538844987960
$WDRP Feels like old times Cap!
Endexx Corp. - EDXC's recently acquired (controlling-interest) HYLA division, secures two major purchase orders for its new innovative vape-delivery product that holds 4500 puffs per built-in cartridge unit. The combined orders represent a 150,000-unit order and a 52,000-unit order for over 200,000 units within the first month of the acquisition of Hyla.
Seems like acquiring Hyla was a great decision for Endexx, already seeing the results! This will be a catalyst for growth.
https://seekingalpha.com/news/3886308-endexx-s-hyla-division-secures-two-purchase-orders-exceeding-200000-units
Always Happy to Oblige
#CANNABIS_NATION: The Fifth Largest Economy in the World Just Lost Control of Its Currency....!
https://www.zerohedge.com/news/2022-09-28/fifth-largest-economy-world-just-lost-control-its-currency
BY PHOENIX CAPITAL RESEARCH
WEDNESDAY, SEP 28, 2022 - 8:57
By Graham Summers, MBA
The financial system is beginning to break.
The Bank of England (BoE) is now the first major central bank to lose control of its respective bond and currency markets.
Last week, the new government in the U.K. introduced a series of tax cuts to stimulate the economy. British government bonds, also called Gilts, responded by imploding. The yield on the 10-Year British Gilt rose from 3.2% to over 4.4% in a single week.
This is what it looks like when a bond market begins to fail.
https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/GPC92822.png?itok=f9thdgnZ\
That is not all. The British currency, called the Pound, also collapsed, hitting a 35 year low.
https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/GPC928222.png?itok=aZenLjhp
Let’s be clear here. We are talking about the FIFTH largest economy in the losing credibility in the bond and currency markets before our very eyes.
How bad is it?
The Bank of England just announced it would start a NEW Quantitative Easing (QE) program, to try and “put a floor” under its bond market.
The Pound responded by dropping to new lows.
https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/GPC828223.png?itok=B7PT0VtI
As I keep stating, the Great Crisis… the one to which 2008 was a warm-up, has finally arrived. In 2008 entire banks went bust. In 2022, entire countries will do so.
#CANNABIS_NATION: #WDRP: Hey cuckoo...Thanks for the heads 100% up...
$WDRP Breakthrough 005 on 14M Shares Traded!
#CANNABIS_NATION: $SQQQ: Global Hawknado Hammers Stocks.... $53.50
https://www.zerohedge.com/markets/global-hawknado-hammers-stocks-bonds-dollar
Finally, we note that the S&P 500 has traded below its 200-day moving average for over 100 sessions - a streak that was previously breached only during the tech bubble and the global financial crisis in the past 30 years.
In both of those instances, the gauge posted most of its losses after surpassing that level, with the index declining by a further 50% in 2000-2003 and 40% in 2008-2009 before troughing, they said.
“The bad news is we are still in one of the weakest seasonal windows of the year, especially in a mid-term year,” said Jonathan Krinsky, chief market technician at BTIG.
“The good news is that it quickly reverses by mid-October. We think we test or break the June lows before then, which should set up a better entry point for a year-end rally.”
#CANNABIS_NATION; #WDRP: NICE TO SEE POSITIVE VIBES...
$WDRP Train Boarding and Leaving the Station! All Aboard!!!
#CANNABIS_NATION: Biden Financial System Crash On September 25th Will Mean Death Of America.....!
https://www.silverdoctors.com/headlines/world-news/biden-financial-system-crash-on-september-25th-will-mean-death-of-america/
https://usawatchdog.com/
https://www.sgtreport.com/2022/09/30-stock-crash-next-with-germany-kaput-us-insolvent/
Everything will change…
Bo Polny interviewed on USA Watchdog by Greg Hunter
Biblical cycle timing expert, geopolitical and financial analyst Bo Polny has made many spot-on calls in the last few years on USAWatchdog.com. Just a few include: Polny predicted a 35% drop in the stop market in early February of 2020, and the next month it crashed 38%. In late 2020, Polny predicted Roe v. Wade would be overturned, and in June of 2022, the Supreme Court did just that. Now, Polny has a new prediction based on his Biblical cycle work. Polny explains, “Everything I have been talking about is at crunch time. What happens in this September? I don’t know. How bad will the market crash? I don’t know. It could be as little as hitting 20,000 on the DOW. It could be as great as a 70% to 80% market collapse. It really does not matter how bad it crashes or what day it crashes. What matters is the crash will change everything. It’s going to change everything in the way we see our world. Our world is about to change. . . . We are living in Biblical times. We are going to see impossible things happen . . . because God makes the impossible possible.”
Polny’s Biblical calculations point to Rosh Hashanah, September 25th, which is just a few weeks away. Polny is expecting it to all end up as a full blown “collapse” of the financial system. Polny explains, “Things are going to change on or about September 25th. I think we are going to have a crash going right into this date. . . . The financial system is going to shake. Do not be surprised if you see the banking system shake like you have never seen before. It will work its way around the world as the sun is rising. The financial system breaks in Europe and makes its way to the United States.”
FULL SHOW NOTES AND LINKS HERE
To Donate to USAWatchdog.com Click Here
#CANNABIS_NATION : PULP FICTION...
https://pirateproxy.live/torrent/7126513/Pulp_Fiction_(1994)_1080p_BrRip_x264_-_1.4GB_-_YIFY
Ezekiel 25:17. "The path of the righteous man is beset on all sides by the Inequities of the selfish and the tyranny of evil men.
https://genius.com/Samuel-l-jackson-ezekiel-25-17-dialogue-excerpt-from-pulp-fiction-lyrics
#CANABIS_NATION : Ezekiel 25:17. "The path of the righteous man is beset on all sides by the Inequities of the selfish and the tyranny of evil men.
https://genius.com/Samuel-l-jackson-ezekiel-25-17-dialogue-excerpt-from-pulp-fiction-lyrics
#CANNABIS_NATION: $SQQQ: "The Fed Is Fuct...",
Clearly, there’s a mismatch. The Fed earned $122.5 billion in interest income in 2021. Assuming this figure stays constant (it won’t, but bear with me) we’re talking about almost a quarter trillion in losses for the Fed at a 4% interest rate.
Interest Income $122.5 billion
Prior Interest Expense $5.7
Increased Interest Expense $348 billion
Worthless Economists $8.7 billion
Total Loss $239.9 billion
https://adventuresincapitalism.com/
https://www.zerohedge.com/markets/fed-fuct-part-3
Simply put, they’ll try this experiment, realize it won’t work and get back to monetizing debt. Despite nearly $9 billion spent annually on economists and operations, I doubt any of them have even considered this. As the Fed effectively goes broke, so does the currency. We’re rapidly approaching the moment when “Project Zimbabwe” moves from conceptual to reality.
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Fibonacci Retracements are ratios used to identify potential reversal levels. These ratios are found in the Fibonacci sequence. The most popular Fibonacci Retracements are 61.8% and 38.2%. Note that 38.2% is often rounded to 38% and 61.8 is rounded to 62%. After an advance, chartists apply Fibonacci ratios to define retracement levels and forecast the extent of a correction or pullback. Fibonacci Retracements can also be applied after a decline to forecast the length of a counter trend bounce. These retracements can be combined with other indicators and price patterns to create an overall strategy.
This article is not designed to delve too deep into the mathematical properties behind the Fibonacci sequence and Golden Ratio. There are plenty of other sources for this detail. A few basics, however, will provide the necessary background for the most popular numbers. Leonardo Pisano Bogollo (1170-1250), an Italian mathematician from Pisa, is credited with introducing the Fibonacci sequence to the West. It is as follows:
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610……
The sequence extends to infinity and contains many unique mathematical properties.
1.618 refers to the Golden Ratio or Golden Mean, also called Phi. The inverse of 1.618 is .618. These ratios can be found throughout nature, architecture, art and biology. In his book, Elliott Wave Principle, Robert Prechter quotes William Hoffer from the December 1975 issue of Smithsonian Magazine:
….the proportion of .618034 to 1 is the mathematical basis for the shape of playing cards and the Parthenon, sunflowers and snail shells, Greek vases and the spiral galaxies of outer space. The Greeks based much of their art and architecture upon this proportion. They called it the golden mean.
Retracement levels alert traders or investors of a potential trend reversal, resistance area or support area. Retracements are based on the prior move. A bounce is expected to retrace a portion of the prior decline, while a correction is expected to retrace a portion of the prior advance. Once a pullback starts, chartists can identify specific Fibonacci retracement levels for monitoring. As the correction approaches these retracements, chartists should become more alert for a potential bullish reversal. Chart 1 shows Home Depot retracing around 50% of its prior advance.
The Fibonacci Retracements Tool at StockCharts shows four common retracements: 23.6%, 38.2%, 50% and 61.8%. From the Fibonacci section above, it is clear that 23.6%, 38.2% and 61.8% stem from ratios found within the Fibonacci sequence. The 50% retracement is not based on a Fibonacci number. Instead, this number stems from Dow Theory's assertion that the Averages often retrace half their prior move.
Based on depth, we can consider a 23.6% retracement to be relatively shallow. Such retracements would be appropriate for flags or short pullbacks. Retracements in the 38.2%-50% range would be considered moderate. Even though deeper, the 61.8% retracement can be referred to as the golden retracement. It is, after all, based on the Golden Ratio.
Shallow retracements occur, but catching these requires a closer watch and quicker trigger finger. The examples below use daily charts covering 3-9 months. Focus will be on moderate retracements (38.2-50%) and golden retracements (61.8%). In addition, these examples will show how to combine retracements with other indicators to confirm a reversal.
Chart 3 shows Target (TGT) with a correction that retraced 38% of the prior advance. This decline also formed a falling wedge, which is typical for corrective moves. The combination raised the reversal alert. Chaikin Money Flow turned positive as the stock surged in late June, but this first reversal attempt failed. Yes, there will be failures. The second reversal in mid July was successful. Notice that TGT gapped up, broke the wedge trend line and Chaikin Money Flow turned positive (green line).
Chart 4 shows Petsmart (PETM) with a moderate 38% retracement and other signals coming together. After declining in September-October, the stock bounced back to around 28 in November. In addition to the 38% retracement, notice that broken support turned into resistance in this area. The combination served as an alert for a potential reversal. William %R was trading above -20% and overbought as well. Subsequent signals affirmed the reversal. First, Williams %R moved back below -20%. Second, PETM formed a rising flag and broke flag support with a sharp decline the second week of December.
Chart 4 shows Pfizer (PFE) bottoming near the 62% retracement level. Prior to this successful bounce, there was a failed bounce near the 50% retracement. The successful reversal occurred with a hammer on high volume and follow through with a breakout a few days later.
Chart 5 shows JP Morgan (JPM) topping near the 62% retracement level. The surge to the 62% retracement was quite strong, but resistance suddenly appeared with a reversal confirmation coming from MACD (5,35,5). The red candlestick and gap down affirmed resistance near the 62% retracement. There was a two day bounce back above 44.5, but this bounce quickly failed as MACD moved below its signal line (red dotted line).
Fibonacci retracements are often used to identify the end of a correction or a counter-trend bounce. Corrections and counter-trend bounces often retrace a portion of the prior move. While short 23.6% retracements do occur, the 38.2-61.8% covers the more possibilities (with 50% in the middle). This zone may seem big, but it is just a reversal alert zone. Other technical signals are needed to confirm a reversal. Reversals can be confirmed with candlesticks, momentum indicators, volume or chart patterns. In fact, the more confirming factors the more robust the signal.
Ailment | Strains to Investigate |
Acid Reflux | See Gastrointestinal below. |
ADD / ADHD | Blue Dragon (Sour Diesel x Blueberry), Blue Dream, Bubba Kush, Shiva X, Double Dutch, G13, Purple Haze, NYC Diesel, White Rhino, Trainwreck, OG Kush, Orange Bud, Northern Lights x Big Bud, Northern Lights x Haze, Gorilla Grape, Raspberry Kush, |
AIDS / HIV | Blueberry, OG Kush, Casey Jones, Purple Haze, Maui, Triple Diesel, Snoop's Church, Blue Dragon, Blue Haze, |
Alzheimer's | 4-Way (aka four way), 303, Acapulco Gold, Optimus Prime, Northern Lights x Haze, Y2K, Willie Nelson, Pure Power Plant (PPP), Panama Red, Gorilla Grape, Eldorado, |
Anorexia | Orange Crush, Orange Kush, OG 18, Oasis, Northern Lights, Papaya (aka Mango), XXXtra Skunk, Ozzy, Raspberry Kush, |
Anxiety | Northern Lights, Purple Kush, Cherry Kola, Orange Kush, C2, Big Cheese, Master Kush, Kashmir, Blue Dream, Maui Waui, |
Arthritis | OG Kush, Blue Dragon, Jack the Ripper, White Diesel, Lemon Skunk, The Black, Afghan, |
Asthma | 15% THC or better recommended. Orange Crush, Cali Gold, Belladonna, Master Kush, Sour Diesel, Big Cheese, Casey Jones, Jacks Cleaner, Kush, Blue Dragon, Big Cheese, Master Kush, Vortex, Gorilla Grape, |
ASD / Asperger's Syndrome | See Autism below. |
Autism | High sativa content strains are recommended; LA Confidential is one to try. Blue Haze, |
Bipolar Disorder | 20% Sativa - 80% Indica hybrids. 4-Way, Blackberry Kush, Dutch Treat, Skunk #1, Lemon Skunk, Pakalolo, Eldorado, Raspberry Kush, |
Brain Damage | Banana OG, Cannatonic, Panama Red, Kali Mist, Aurora Indica, |
Cancers | Please see here. Phoenix Tears (oil), Also investigate Joshua Stanley and the Stanley brothers. Blue Dragon, |
Cerebral Palsy | Tessa, Death Star, Blackberry Kush, Cali Gold, Purple Urkle, |
Chronic Pain | Indica hybrids (Indica x Sativa) for pain symptoms. Grand Daddy Purple, God's Gift, Cali Hash Plant, C2, OG Kush, Master Kush, Vortex, Pineapple Express, Kashmir, Maui Waui, Sour Diesel, Blue Cheese, Northern Lights/Haze, Afghan, Shiva, |
COPD | Indica dominant hybrids. |
Crohns Disease | OG Kush, Blue Dragon, Purple Pheno, Ultimate Trainwreck, |
Diabetes | Jack Herer, Sour Diesel, Hemp Oil, Gorilla Grape, Five-O, |
Depression | Blue Dragon, Big Cheese, Vortex, Lemon Diesel, Pineapple Express, Blue Cheese, Kashmir, AK-47, Blue Dream, Cherry Cough Syrup, Maui Waui, Tangerine Dream, God's Gift, Grand Daddy Purple, Y2K, Willie Nelson, |
Epilepsy | Master Kush, OG Kush, Pure Power Plant (PPP), Blue Dragon, Shaman, Eldorado, |
Fibromyalgia | OG Kush, Master Kush, Blue Dragon, |
Gastrointestinal | OG Kush, Master Kush, Blue Dragon, Willie Nelson, God Bud, Shoreline, |
Glaucoma | Cherry Kola, Maui Waui, Willie D, Zombie Virus, Remus, |
Heartburn | See Gastrointestinal |
Indigestion | See Gastrointestinal |
Inflammation | See Arthritis |
Insomnia | Blue Cheese, Cherry Kola, Cali Hash Plant, Orange Kush, Big Cheese, Master Kush, Chem Dog, Kashmir, AK-47, God's Gift, Sour Diesel, NYC Diesel, God Bud, |
Leukemia | Visit phoenixtears.ca for cannabis oil knowledge. Also investigate Joshua Stanley and the Stanley brothers. |
Loss of Appetite | Northern Lights, Blue Cheese, OG Kush, Orange Crush, Big Cheese, Master Kush, AK-47, Tangerine Dream, |
Menstrual | Lemon Diesel, |
Migraine Headaches | Critical Mass and XJ-13 (Indica dominant or 100% pure Indica), Purple Kush, Big Bud, Blue Dragon, Kush, Master Kush, AK-47, Grand Daddy Purple, Wonder Woman, |
Multiple Sclerosis | Master Kush, OG Kush, Cherry Cough Syrup, Northern Pride, Northern Lights x Shiva, Wonderberry, Willie Nelson, Pure Power Plant (PPP), Purple Haze, Ozzy, Five-O, Raspberry Kush, |
Muscle Spasms | OG Kush, AK-47, Mater Kush, Hindu Kush, Hollands Hope, Gorilla Grape, Sensi Star, |
Nausea | Sour Diesel, Big Bud, OG Kush, Blue Dragon, Orange Crush, Cherry Cough Syrup, Pure Kush, Remus, |
OCD - Obsessive Compulsive Disorder | Kush Wreck, Kia Kush, Kahuna, Himalayan Gold, Great White Shark, Shoreline, Shiva Skunk, Silver Afghani, |
Pain | Sour Diesel, C2, OG Kush, Kush, Pineapple Express, Kashmir, Maui Waui, Grand Daddy Purple, Zombie Virus, Shiva, Also see Chronic Pain. |
Parkinson's Disease | 303, Pure Power Plant (PPP), Purple Dragon (Apalala), Super Haze, Eldorado, |
PTSD | Start here. Master Kush, OG Kush, Blue Dragon, |
Recurring Polio | Sativa hybrids, (Sativa x Indica), (60:40) for all other symptoms. |
Relaxation | Big Cheese, Orange Crush, Master Kush, |
Rheumatism | See Arthritis |
RLS - Restless Leg Syndrome | Power Kush, |
Scoliosis | See Chronic Pain |
Skin Cancers | See here. Phoenix Tears (Oil), Also investigate Joshua Stanley and the Stanley brothers. |
Stress | Northern Lights, Cherry Kola, Big Bud, Orange Crush, Big Cheese, AK-47, God's Gift, Zombie Virus, Wonder Woman, Afghan, Power Kush, Ozzy, |
Tourette's | Island Bud, Jack Flash, Isis, Honeymoon, Hells Angel, Gorilla Grape, Grenadine, Green Devil, Grapefruit Haze, Grapefruit Kush, Shiva, |
Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty, or give me death!
Patrick Henry - March 23, 1775
The horned man in question is none other than 32-year-old Jake Angeli, a familiar face at pro-Trump rallies and a purported QAnon conspiracy theorist sometimes referred to as the “QAnon Shaman,” according to the Arizona Republic’s website.
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