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Naw i hijacked TCHL ages ago for Bilito's stock research and Ihub was so kind to throw me a bone... Good ole Matt
i followed SSP here from silicon investor and was one of the first 400 people on ihub :)
back pre GVRP / MAMG days...
TRAILER FER RENT GOT FIFTY CENTS YA DREW ME HERE IS DIS AH COMPANY ?????
What a HERO - Now FIX your DUMB ASS Law!!!
https://www.foxnews.com/us/boy-rescues-dad-sister-river-florida
Boy, 7, swims an hour to rescue his dad and little sister
The boy switched between doggie paddling and floating on his back to keep from tiring out
Associated Press
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Fox News Flash top entertainment headlines for June 1
Fox News Flash top entertainment and celebrity headlines are here. Check out what's clicking today in entertainment.
JACKSONVILLE, Fla. – A 7-year-old boy is being credited for helping to save his father and 4-year-old sister by swimming to shore and calling for help after they got caught in a strong current during a holiday weekend boating trip on Florida's St. Johns River.
The father, Steven Poust, told Jax4 television station that he anchored his boat in the river while he fished and his children played on Friday.
Chase Poust said the current was too strong for his sister Abigail to hold onto the boat, and he also let go to stay with her. Only the girl was wearing a life jacket.
2021 ATLANTIC HURRICANE SEASON BEGINS
"I felt really scared," Chase told the station.
Their father jumped in the water to grab her. Chase then began swimming toward shore.
The environmentally sensitive St Johns River flows northward from Indian River County near the east coast of Florida, through Central Florida and eventually to Jacksonville. (iStock)
The environmentally sensitive St Johns River flows northward from Indian River County near the east coast of Florida, through Central Florida and eventually to Jacksonville. (iStock)
"I told them I loved him because I wasn’t sure what’s going to happen," their father told the station. "I tried to stick with both of them. I wore myself out. She drifted away from me."
Chase kept swimming, doggie paddling and floating on his back to keep from tiring out. "The current was going the opposite way of going to the boat and the shore so it was very hard to swim that way," Chase said. It took him about an hour to reach land. He ran to the nearest house for help.
Crews from the Jacksonville Fire and Rescue Department, the Jacksonville Sheriff's Office and the Florida Fish and Wildlife Conservation Commission found the father and daughter about a mile from their boat.
CLICK HERE FOR THE FOX NEWS APP
"I screamed for help at the top of my lungs and waved my arms and sure enough someone heard us," Poust said. "Little man also made it to shore and got help and that’s what saved our lives."
According to Eric Prosswimmer of the fire department, neither the 7-year-old nor the father were required to wear a life vest. The law applies to children age 6 and under for a vessel under 26 feet (8 meters) long.
What a HERO - Now FIX your DUMB ASS Law!!!
https://www.foxnews.com/us/boy-rescues-dad-sister-river-florida
Boy, 7, swims an hour to rescue his dad and little sister
The boy switched between doggie paddling and floating on his back to keep from tiring out
Associated Press
Facebook
Twitter
Flipboard
Comments
Print
Email
Fox News Flash top entertainment headlines for June 1
Fox News Flash top entertainment and celebrity headlines are here. Check out what's clicking today in entertainment.
JACKSONVILLE, Fla. – A 7-year-old boy is being credited for helping to save his father and 4-year-old sister by swimming to shore and calling for help after they got caught in a strong current during a holiday weekend boating trip on Florida's St. Johns River.
The father, Steven Poust, told Jax4 television station that he anchored his boat in the river while he fished and his children played on Friday.
Chase Poust said the current was too strong for his sister Abigail to hold onto the boat, and he also let go to stay with her. Only the girl was wearing a life jacket.
2021 ATLANTIC HURRICANE SEASON BEGINS
"I felt really scared," Chase told the station.
Their father jumped in the water to grab her. Chase then began swimming toward shore.
The environmentally sensitive St Johns River flows northward from Indian River County near the east coast of Florida, through Central Florida and eventually to Jacksonville. (iStock)
The environmentally sensitive St Johns River flows northward from Indian River County near the east coast of Florida, through Central Florida and eventually to Jacksonville. (iStock)
"I told them I loved him because I wasn’t sure what’s going to happen," their father told the station. "I tried to stick with both of them. I wore myself out. She drifted away from me."
Chase kept swimming, doggie paddling and floating on his back to keep from tiring out. "The current was going the opposite way of going to the boat and the shore so it was very hard to swim that way," Chase said. It took him about an hour to reach land. He ran to the nearest house for help.
Crews from the Jacksonville Fire and Rescue Department, the Jacksonville Sheriff's Office and the Florida Fish and Wildlife Conservation Commission found the father and daughter about a mile from their boat.
CLICK HERE FOR THE FOX NEWS APP
"I screamed for help at the top of my lungs and waved my arms and sure enough someone heard us," Poust said. "Little man also made it to shore and got help and that’s what saved our lives."
According to Eric Prosswimmer of the fire department, neither the 7-year-old nor the father were required to wear a life vest. The law applies to children age 6 and under for a vessel under 26 feet (8 meters) long.
http://theeconomiccollapseblog.com/warnings-of-a-dramatic-inflationary-collapse-just-keep-getting-louder/
Personally, I am deeply concerned about the second half of this calendar year, and it appears that I am not the only one. Billionaires and corporate insiders have been offloading stocks at a very brisk pace in recent weeks…
When the country’s CEOs and billionaires start to head to the exits a little bit quicker than usual at the tail end of a 13 year bull market, it may be time to start paying attention.
Long holiday weekend - one of these times we are going to have a banking holiday imo
https://www.foxnews.com/world/explosive-study-claims-to-prove-chinese-scientists-created-covid
Explosive study claims to prove Chinese scientists created COVID
British Professor Angus Dalgleish and Norwegian scientist Dr. Birger Sørensen wrote they’ve had primary evidence 'of retro-engineering in China'
A bombshell new study claims to have proof that Chinese scientists created COVID-19 in a lab and then tried to reverse-engineer versions of the virus to make it look like it evolved naturally from bats.
British Professor Angus Dalgleish and Norwegian scientist Dr. Birger Sørensen wrote they’ve had primary evidence "of retro-engineering in China" since last year, but were ignored by academics and major medical journals, The Daily Mail reported Saturday, citing the soon-to-be-published study.
The study concludes: "the likelihood of it being the result of natural processes is very small." The virus is still killing 12,000 people a day around the world.
POMPEO SAYS WUHAN LAB WAS ENGAGED IN MILITARY ACTIVITY ALONGISDE CIVILIAN RESEARCH
Dalgleish is a London oncology professor known for breakthrough work on a vaccine for HIV. Sørensen is a virologist and chair of the pharmaceutical company Immunor, which developed a coronavirus vaccine candidate called Biovacc-19. Dalgleish also has a financial stake in that company.
It was during their COVID-19 vaccine research that the pair came across "unique fingerprints" indicating the virus didn’t come from nature, they said. The telltale clue: a rare finding in the COVID-carrying virus of a row of four amino acids, which give off a positive charge and bond to negative human cells.
INTEL COMMUNITY ‘AGGRESSIVELY’ INVESTIGATING COVID-19 ORIGIN
"The laws of physics mean that you cannot have four positively charged amino acids in a row," Dalgleish told the Daily Mail. "The only way you can get this is if you artificially manufacture it."
They also tracked published Chinese research, some done working with American universities, to show how the tools to create the virus were allegedly built. A good part of the work reviewed involved "gain of function" research, which involves manipulating natural viruses in a lab to make them more infectious, allowing scientists to study their potential effect on humans.
The U.S. put a moratorium on such research in 2014. But it’s impossible to know if $600,000 funding for medical research in China was used for gain of function research, Dr. Anthony Fauci told Congress last week.
"A natural virus pandemic would be expected to mutate gradually and become more infectious but less pathogenic which is what many expected with the COVID-19 pandemic but which does not appear to have happened," the scientists wrote.
wow a sane politician! how rare now a days
This is a reversal for the Swaps (bullion bank trading desks) in their campaign to close down their shorts, because in the absence of an increase in producer hedging the increase in open interest is entirely matched by an increase in the Swaps’ short position. In the light of the new Basel 3 regulations, traders’ bosses at their banks’ treasury departments will be instructing dealers avoid increasing their open positions, with a view to closing them down entirely in the next six months. This is because their London desks must stop taking positions ahead of the UK regulatory deadline of 1 January 2022, which applies to all LBMA members, who also make up the vast majority of the Swaps dealers on Comex. The same issue affects their silver positions, which is a far less liquid market with a potential price effect likely to be more dramatic.
https://kingworldnews.com/what-a-week-for-the-gold-silver-markets/
GVRP - 16 years - POS SEC
You WRITE and BREAK your OWN RULES = FRAUD!
ABOUT TIME FKING CROOKS - MAKE THEM DELIVER PHYSICAL NOT THE BS WE ARE GIVING YOU CASH CHECK YOUR BS CONTRACT.....
https://kingworldnews.com/we-are-about-to-see-the-end-of-the-paper-gold-silver-markets/
Looks like the USD just broke resistance... Metals beginning to move
you cant print endless amounts of money forever with no consequences... duh
2008 UNA 100 Ameros Seated Liberty Pattern
Catalog #
Size / Material
Finish
Final Mintage
Price
UNA100S_2008SS
38mm, 1 Troy Oz Silver
Satin
Sold Out
570
$65
UNA100S_2008SP
38mm, 1 Troy Oz Silver
Proof-like
Sold Out
575
$65
WOW What insights... The future
http://www.plata.com.mx/enUS/More/413?idioma=2
The End of the Present Dark Age
Monday, 10 May 2021
Hugo Salinas Price
The Central Banks of the World – Russia and China both perhaps excepted – are all members of an International Club of Central Banks. This Club is run according to the rules dictated by the BIS, the Bank for International Settlements, located in Basel, Switzerland.
Events that took place years’ ago, resulted in the conversion of all currencies administered by the Banks under the sway of the BIS, into fiat currencies; that is to say, currencies which have no support or connection with the precious metals, silver or gold.
All things human are subject to change, except human nature itself. The current financial institutions of the present have fallen into a condition which is at odds with human nature – they function with the exclusive use of fiat money. In the nature of things, the condition of the financial institutions of our time will doubtless be subject to radical change.
In the nature of things – rerum natura - when world disorder, i.e. War -undermines the sway of the BIS, some country or countries will necessarily revert to real money of gold or silver, once again, in order to maintain peace and economic co-operation among the elements of their populations.
In the coming world monetary disorder, the institution of national Central Banks will have become irrelevant.
The politicians who are Presidents or Dictators will have to step in, to provide real, tangible silver or gold money to their populations, paper or digital money having become irrelevant.
The measures which Presidents or Dictators will have to implement, will have to be – again, in The Nature of Things – quite simple measures. (Nature abhors complexity).
The primary interest of all rulers has always been to have an assured income, and the only way to obtain an assured income will be through – taxation. Since paper or digital money will have become irrelevant, they will have to find ways to tax real money, of silver or gold.
Thus, their first interest will be to establish gold or silver as the money they are going to tax.
How will they go about establishing gold or silver as money? They do not really have to do anything at all, since gold and silver are money by their very nature.
All that future governments will have to do, will be to declare that taxes – the central, overriding interest of all governments – shall be paid in gold or silver coin.
Governments that wish to impose high taxes denominated in gold or silver, will find that their subject populations are quite lazy and do not prosper.
Governments that impose low taxes denominated in gold or silver, will find that their populations thrive, and that peace and order prevail quite naturally.
By the very nature of things – rerum natura, once again – the future of our World will see gold and silver return as money.
The present in which we live, will be seen, in the future, as a Dark Age.
LOL we will come protect you... rutroo
https://www.kitco.com/news/2021-05-06/U-S-bitcoin-traders-not-protected-crypto-space-to-benefit-from-more-regulation-says-SEC-Chairman-Gensler.html
Wow a fire a couple of blocks away from me... cops galore heading that way as well as ambulance and 2 fire trucks...
Wow 3 alarm - the town next door just showed up but they didnt have their lights on
Most all emergency vehicles in town LOL
Sweet... got $670 of copper pennies 1909 to 1982 - 150 pounds - right at spot of 4.47 - dirt cheap as copper explodes... :)
Wow April 26th it seems
https://secure.caseyresearch.com/?cid=MKT512639&eid=MKT540562&assetId=AST166125&page=1
Crazy - Bo knows lol
June 26th Basel III - positive for metals
date approximate
https://www.zerohedge.com/markets/hawaiian-rental-car-shortage-leaves-tourists-renting-u-haul-trucks
Toyota Camry - not $100 a day but more than $700 WTF
What major event is going to happen in the next 24 hours?
My guess: The USD replaced by the SDR as the World's Reserve Currency...
About that time i guess... :-[
June 2021 - Basil III - No more unallocated gold - WTF
https://www.nationalreview.com/2021/04/why-more-u-s-inflation-is-right-around-the-corner/
Why More U.S. Inflation Is Right Around the Corner
By STEVE H. HANKE
April 14, 2021 9:30 PM
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(Sviatlana Lazarenka/Getty Images)
The recently released Consumer Price Index numbers should be seen as a harbinger of what’s to come.
On Tuesday, the Bureau of Labor Statistics released the Consumer Price Index (CPI) for the month of March. Prices increased by 0.6 percent since February, the largest monthly increase since August 2012. On a year-over-year basis, the CPI increase was 2.6 percent. Given that the CPI for March 2020 was abnormally depressed because of the COVID-19 pandemic, most observers anticipated that the year-over-year increase would be elevated, but not as elevated as it actually turned out to be. I, for one, was not surprised.
The dramatic growth in the U.S. money supply, when broadly measured, that began in March 2020 will do what increases in the money supply always do. Money growth will lead in the first instance (1–9 months) to asset-price inflation. Then, a second stage will set in. Over a 6–18-month period after a monetary injection occurs, economic activity will pick up. Ultimately, the prices of goods and services will increase. That usually takes between 12 and 24 months after the original monetary injection. Given this sequence, it’s as clear as the nose on your face that we’re going to see more — perhaps much more — inflation entering the system in the coming months.
To get a handle on how the economy works and where we’re going, one needs a model of national income determination. For me, a monetary approach to national income determination is what counts. Indeed, in a fundamental sense, it’s a theory of everything. The close relationship between the growth rate of the money supply and nominal GDP is unambiguous and overwhelming.
So, what is the current U.S. monetary temperature? Let’s first determine the “golden growth” rate for the money supply, and then compare the actual growth rate of the money supply in the U.S. to the golden growth rate. To calculate the golden growth rate, I use the quantity theory of money (QTM). The QTM states that MV = Py, where “M” is the money supply, “V” is the velocity of money, “P” is the price level, and “y” is real GDP.
MORE IN INFLATION
Inflation Week!
The Chamber of Commerce’s Botched Bet
Oversimplifying the Inflation Debate at The New Republic
Let’s use QTM to make some benchmark calculations in order to determine what the “golden growth” rate is for the money supply. This figure will be the rate of broad money growth that would allow the Fed to hit its inflation target. I have calculated the golden growth rate for the 2010–2020 period.
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According to my calculations, the average percentage real GDP growth from 2010 to 2020 was 1.8 percent, the average growth in total money supply (M4) was 6.5 percent, and the average change in the velocity of money was -2.5 percent. Using these values and the Fed’s inflation target of 2 percent, I calculated the U.S. golden growth rate for total money (M4) to be 6.3 percent.
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How do I get there? The golden growth rate is the inflation target plus average real GDP growth minus the average percentage change in velocity (U.S. golden growth rate = 2.0 percent + 1.8 percent – (-2.5 percent percent ) = 6.3 percent).
So, the average growth rate of the money supply (M4), which has been 6.5 percent, has slightly overrun the golden growth rate of 6.3 percent (see my calculations, and the chart below). This has resulted in a realized inflation rate of 1.7 percent per year, slightly below the target of 2 percent. That the realized inflation rate is, however, a bit below the Fed’s target is not surprising when you realize that prior to the explosion in the money supply in 2020, the average rate of growth of broad money was very modest from 2010 to 2019. It averaged only 4.0 percent, rather than the 2010–2020 average of 6.5 percent.
In response to the COVID-19 pandemic in March 2020, the growth rate in M4 began to skyrocket. By the end of 2020, it was growing at 28.9 percent per year, the highest year-end rate since 1943. That rate dramatically exceeds the golden growth rate of 6.3 percent per year, a growth rate that would be consistent with the Fed’s inflation target of 2 percent per year.
Armed with the monetarist model for national income determination and the numbers just presented, it should be obvious, even to the untrained eye, that the recent March year-over-year CPI inflation rate of 2.6 percent is simply a harbinger of what is coming in the future: more inflation.
USD replaced soon imo - EOM in April? 25th/26th?
https://entrepreneurshandbook.co/behind-closed-doors-the-u-s-is-quietly-backing-a-replacement-global-currency-77048f2c1eb6
Why have open borders but shut schools, businesses and restaurants?
By
PatriotRising -
April 17, 2021
open borders
Pay attention folks, it’s the shell game. You know, on the streets of New York City, hustlers school people and take their money. There’s a gimmick that nobody knows about, except the huckster. That gimmick is slick enough to fool any human eye. In this parallel example, the CDC plays the hustler, and the shell trick “gimmick” is performed at the border, where Covid-19-infected illegal immigrants travel freely into America – the same place where you live and where your government makes you wear a mask all day, social distance, and vaccinate to “stay alive” due to the threat from … wait for it … Covid-19.
Americans are getting played, schooled, mastered by a rogue government that shuts down schools, businesses and restaurants while keeping wide open borders for the immigrants to spread all that disease around. But we’re “all in this together” to save humanity and the future from the pandemic. Right.
Biden Regime and Democrat Governors quarantine the healthy while Covid-infected illegal immigrants swarm through America‘s open southern border
We are all so concerned about catching and dying from Covid-19 that we must prevent children from attending school, while millions of illegal immigrants head this way with Covid, able to walk into any school in any state and start classes soon. The leaders in this country have lost their minds, or they’re all so evil and arrogant that they think most Americans won’t even notice. They’re right, because it’s the shell game.
The mass media publishes all the lies that the CDC spits out, and every affiliate TV station and local sell-out network regurgitates it. The public eyes follow the CDC lies like the shells in the shell game. It’s mesmerizing, and the guidelines quickly become rules, and then those rules quickly become the laws of the land, enforced by police and psychotic politicians. It’s Blue State madness right now. Here’s how it goes.
Wear your mask all day at work and school, when you’re given permission from the government to go. Social distance at 6 feet and never touch, hug, kiss or stare too long at anyone for fear of catching Covid-19 and dying (which no kids do). Remember to think of the illegal immigrants with Covid who will ruin all of this ‘protective’ action you are taking now. It’s Blue State madness, and there could be a civil war brewing soon.
Ask these tough questions to your government, or be run rough-shod over and lose your health and human rights
Why do small and medium-sized businesses need to be crushed at “half capacity” or “no indoor dining” or “take-out only” when the US border is wide open for Covid-infected illegals to spread the disease we’re ruining our lives and livelihoods trying to defend against?
Why can’t children go to daycare, kids to school, and adults to work when Covid-infected illegal immigrants can visit any business, grocery store, park, public restroom they want to without being tested or quarantined?
Why are Americans forced to wear a mask all day, even if you’re healthy and have a powerful immune system from organic food, clean water and supplements?
Why get vaccinated with dangerous, experimental mRNA inoculations when you still have to wear a mask all day, social distance, and while the US southern border is wide open to Covid-infected illegal aliens wandering everywhere without the vaccines or even a valid form of ID?
Tune your internet frequency to Pandemic.news and find out how to protect your future in a way that doesn’t treat healthy American citizens like dogs while treating Covid-infected illegal immigrants like they’re immune to everything. Remember, this tyrannical Marxism is a dangerous shell game with a massive gimmick.
That’s how you KNOW the whole plandemic is a trick. Can you see it now?
https://patriotrising.com/why-have-open-borders-but-shut-schools-businesses-and-restaurants/
Interesting...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163255253
What The Forensic Audit Found On Hunter Biden’s Computer Should Put Them All Behind Bars
Sunshine Sunshine April 16, 2021
Last year, we reported on Hunter Biden’s laptop while the mainstream media attempted to hide it from the public and blame the initial findings on a conservative smear job. The leftists in their attempt to protect Joe Biden and his family even went as far as to block the New York Post’s story on its account, despite the evidence that the report was authentic.
Fast-forward to today, and what the forensic audit found on the laptop is absolutely mindblowing.
The Daily Mail has come forward with a forensic audit that shows the “Hunter Biden laptop” is indeed Hunter Biden’s. The Daily Mail has authenticated that the “103,000 text messages, 154,000 emails, more than 2,000 photos and dozens of videos” belong to the president’s son. This is its summary overview:
How he begged his father to run for president in 2019 to salvage Hunter’s own reputation
How he repeatedly dodged police action against him, despite constantly dealing with drug pushers and prostitutes and having multiple run-ins with law enforcement
Hunter was guarded by a Secret Service agent while on a 2018 drug and prostitute binge in Hollywood, despite not being entitled to protection at the time and amid denials from the federal agency
Joe Biden was afraid his text conversations with Hunter were being hacked even as they discussed his White House bid
How Hunter’s laptop is brimming with evidence of apparent criminal activity by Hunter and his associates including drug trafficking and prostitution
On Sunday, Hunter Biden sat down with CBS where he stated with certainty he would be cleared of all charges.
“There’s a current Department of Justice investigation into your finances,” Smith asked without providing much context about their scandalous import. “What is it about? Can you say anything?”
“I can’t. But I can say this, is I’m cooperating completely,” he replied. “And I am absolutely certain, 100% certain that at the end of the investigation, that I will be cleared of any wrongdoing.”
“You’re 100% certain you’ll be cleared?” she asked.
“I’m 100% certain of it. And all I can do is cooperate, and trust in the process,” he replied.
The issue of Hunter Biden’s laptop did come up. When asked if he had dropped of his laptop at a Delaware repair shop in 2019, Biden gave a non-denial denial.
“For real, I don’t know,” Biden claimed, then added it “certainly” could be his.
“There could be a laptop out there that was stolen from me. It could be that I was hacked. It could be that it was the — that it was Russian intelligence,” he claimed.
“And you did not drop off a laptop to be repaired in Delaware?” Smith asked.
“No, no. Not that I remember at all, at all,” said Biden. “So, we’ll see.”
Conservative author and talk radio host Dan Bongino also produced the literal “receipts” for Hunter Biden’s laptop on Monday.
“Here is the Hunter Biden receipt for the laptop,” Bongino said. “Here is Hunter Biden’s signature for the laptop. Here is where it is billed to Hunter Biden. The receipt for the laptop that shows pictures of Hunter Biden with Hunter Biden’s confirmed emails.”
President Biden’s own son, Hunter is implicated in dozens of crimes and horrible scandals that include, prostitution, felony drug use, and even felony handgun possession (and Biden is going after gun owners). It must be incredibly difficult for the President of the United States and the nation’s chief law enforcement when those laws do not apply to his own son. What a crock of hypocrisy.
https://threepercenternation.com/2021/04/16/what-the-forensic-audit-found-on-hunter-bidens-computer-should-put-them-all-behind-bars/?utm_source=BS-M-2&utm_medium=email&utm_content=subscriber_id:7657626&utm_campaign=TPN%204-17%203a
https://www.dailymail.co.uk/news/article-9460389/Pentagon-scientists-invent-microchip-senses-COVID-19-body-symptoms.html
Another invention of Hepburn's team is a filter, which is placed on a dialysis machine and removes the virus from the blood.
The experimental four-day treatment was given to "Patient 16", a military spouse, who was in the ICU with organ failure and septic shock.
'You pass it through, and it takes the virus out, and puts the blood back in,' said Hepburn.
Within days, Patient 16 made a full recovery.
The FDA has authorized the filter for emergency use, and it has been used to treat nearly 300 critically ill patients.
Another Pentagon agency, the Joint Pathology Institute, studies tissue samples from soldiers and sailors infected with pathogens all over the world.
Amazing assessment...
We Will Slay The Gold Dragon
Precious metals (pm) will be and is a tough bull market, and I do not think it will get any easier, since a bet on pm miners is a bet against current FIAT-based monetary system for the whole planet. A trade like that is likely not to be an easy one. But, we will slay that dragon…
https://kingworldnews.com/huge-breakout-for-mining-stocks-but-look-at-who-is-leading-the-way/
New Israeli Covid drug which cured 30 cases of disease hailed by scientists as 'huge breakthrough'
By Dominic Penna
Fri, February 5, 2021, 2:17 PM
A new coronavirus drug which successfully cured 30 cases of the disease in Israeli hospital patients has been hailed by scientists as a ‘huge breakthrough’.
The EXO-CD24 substance was developed at the Ichilov Medical Centre in Tel Aviv and successfully completed its first phase of clinical trials on Friday.
The treatment was given to 30 patients with coronavirus, whose conditions ranged from moderate to severe.
Twenty-nine of the patients were then discharged from the hospital in the following three to five days, while one patient took slightly longer to recover.
A protein known as CD24 is delivered to the lungs by exosomes in the drug, which helps to rebalance the immune system and prevent it from overreacting to the virus.
Professor Nadir Arber originally designed EXO-CD24, which is breathed in as a gas and taken once every five days, in order to treat patients who had ovarian cancer.
“Even if the vaccines do their job, and even if there aren't any new mutations, one way or another, the coronavirus will be staying with us,” Prof Arber told the news site Arutz Sheva.
“That’s why we developed this special medication. It’s been about half a year from the time the idea was hatched to the first human trials [being] conducted.”
Roni Gamzu, the director of the Ichilov Medical Centre, said that the research during phase one of the trial was “advanced and sophisticated and may save coronavirus patients”.
Speaking to the Times of Israel, he said: “The results of the phase one trials are excellent, and all give us confidence in the method Arber has been researching in his lab for many years.”
No placebo was used in the first stage of the trial, and the next phase of the clinical trials will continue to examine the effects and efficacy of the treatment.
The drug Allocetra, which has been developed at the Hadassah Medical Centre, has also reported promising results in the second stage of its clinical trial.
Israel announced yesterday that it will ease lockdown restrictions but keep its borders closed after a drop in its number of coronavirus cases.
https://www.yahoo.com/news/israeli-covid-drug-cured-30-191709164.html
Call me stupid...
every asset on the planet is up above their all time highs since 1980 less silver...
Gold more than doubled... All kinds of food commodities going crazy, copper, palladium, platinum, iridium, rhodium...
yet silver down 50% - LOL
loaded the boat at $11.85 eBay $279 to $310 20 OZ back during March 2020 flash crash... Waited 2 months for delivery LOL
Still at $25 dirt cheap given the huge money printing - lets throw another 2T after the last 5T
Soon the POS USD will show it's TRUE VALUE - Zero
Wow 35M SLV Friday - 10% of 350M year before -
https://www.zerohedge.com/markets/its-not-just-robinhood-reddit-rebellion-has-clogged-entire-financial-systems-plumbing
It's Not Just Robinhood, Reddit Rebellion Has Clogged Entire Financial System's Plumbing
Tyler Durden's Photo
BY TYLER DURDEN
SATURDAY, JAN 30, 2021 - 13:40
While mainstream media is juggling with just who to be angry at, and who to virtue-signal for in the WallStreetBets Reddit Rebellion and Robinhood Rout episiode, the reality under the surface is that the US financial markets have just been punctured by the thin blades of truth. As CHS recently noted, "it is fatally wounded but nobody dares notice."
So, what's really happening with Robinhood et al...?
As @Compound248 details in this excellent thread, "this is a 'plumbing' issue. It is esoteric, even for those on Wall Street."
Here is the explanation of how the toilet is clogged.
First: RH was not the only brokerage to restrict buying in $GME et al. Much of the below applies to many brokerages. I'm going to use "RH" in my writing for simplicity and because it's the most prominent, but it's not fair to call this a RobinHood issue, per se.
The restrictions impacted retail AND institutional players – many institutional prime brokers ("PBs") did the same thing to their hedge fund clients.
Why?
Surely PBs can't be trying to punish their own clients just to benefit Citadel. There must be something else happening...
Let's talk plumbing.
Most RH clients (& all HFs) use “margin” accounts, not “cash” accounts. RH's sign up process nudges new customers into margin accounts by default.
Whether RH should do that is worthy of discussion another day.
This is a story of lending and capital.
Margin accounts are Wall Street's way of denoting lending accounts.
Practically speaking, in margin accounts, the client does NOT own *any* securities. Rather, margin account holders "own" a promise from their broker.
Yay.
When an RH’er buys $GME, a whole bunch of things happen behind the scenes, all of which are the ugly plumbing of Wall Street.
I’m simplifying, but because the buyer does not know who the seller is, the brokers for both buyer & seller use a 3rd company called DTCC to actually match & “clear” stock transactions, moving title from selling broker to buying broker while ensuring proceeds are moved on time.
Side Note for Later:
For equity options contracts (puts and calls), the primary clearing entity is OCC (Options Clearing Corp). I'm going to refer to "DTCC" below, but know that the same story can be told for options with OTC.
Clearing for US equities is generally a “T+2” process: settlement takes no more than 2 days from the trade. But the Buyer’s & Seller’s brokerage accounts generally reflect the transaction immediately - behind the scenes, there is lending. Lending means "counterparty credit risk."
DTCC provides its balance sheet to guarantee settlement. But its balance sheet isn't that big, so it has to tightly manage counterparty risk to guarantee accurate settlement.
In this way, DTCC is both a central repository for Title, and also the guarantor of Title.
This guarantee is typically an extremely low risk proposition.
However, "low risk" does not equal “no risk”
Generally, DTCC holds the “physical” title to your stock. This speeds up settlement: DTCC simply assigns title from one DTCC client to another, to clear the transaction.
DTCC clients are the brokers, and so the title is held in "Street name" (the broker's name), not your name.
So, you bought $GME in your RH margin account: what's happens behind the scenes?
1) You buy
2) At day’s end, RH nets all the money it needs to send to DTCC
3) If RH is a net sender, it generally borrows that money cheaply via interbank lending, & sends it to DTCC
4) DTCC sends net proceeds to brokers due to receive
5) Formal settlement happens within 2 days
If you look at that, there are different windows of credit risk.
1) RH vs. DTCC: Between transaction time (e.g., you buy @ 9:45am) and close of business (when net proceeds go to DTCC);
2) DTCC vs. DTCC: Between the time DTCC sends net proceeds & formally settles the transaction
3) Selling Broker vs. Selling Client: Selling Broker fronts its client credit for the proceeds immediately upon transaction;
4) DTCC vs. Selling Broker: DTCC owes the selling broker proceeds at day's end;
5) RH vs. RH Client: You deposit $10,000 in your RH account to open it. It’s a margin account. You start buying stocks for zero commission. You're not paying anything, so RH doesn't make any money on that…or do they? It's actually not particularly important to the story, but we all know RH’s real customer is not you - you are the product.
RH’s *real* customers are buyers of “order flow”, the largest of whom is Citadel (the same Citadel that bailed out Melvin Capital with Point72 on Monday)
Just because you aren’t RH’s real customer doesn’t mean they don’t care about you – they need you to be happy and active in order to continuously sell you to Citadel.
Citadel et al get a sneak peak at RH's order flow (ie, pending trade activity) & use that to “provide you liquidity” (ie, front-run your trade).
Citadel makes tiny amounts on each transaction (on average), slightly reducing the quality of your execution (on average), but allowing you to pay no explicit commission.
So now you own $GME stock in the margin account.
Actually, you don’t - RH owns the stock and simply passes through many of the rights of ownership to you, crediting you with quasi-ownership.
This is important because if RH failed, you would not “own” your stocks, per se. You would be a creditor with a claim against RH. This is a key risk of margin accounts.
See Lehman Brothers.
When you signed your customer agreement and terms of service, you gave RH the ability to take the stock you bought and lend it out to others to short. Depending on how “hard to borrow” that stock is, RH gets paid a variable rate for this stock loan.
While many brokers share the proceeds of stock lending w/ clients, RobinHood does not. RobinHood keeps it all.
This is a critical way RH gets paid. This payment can be VERY large on hard to borrow names.
Lending $MSFT, which is easy to borrow, pays very little.
Lending $GME, which is very hard-to-borrow may pay 50-100% (or more) per year. The “borrow rate” is set by the market and is frustratingly opaque. The rate gets reset daily as the difficulty of borrow goes fluctuates.
Shorting In practice:
Somebody wants to short $GME. Most HFs that short-sell first ping their PB to “locate borrow”.
In order to meet legal requirements, the broker has to find un-lent shares (so the same shares aren’t lent twice). The PB will “tag” those shares, indicate to the client the prevailing cost to borrow, and provide the client a “locate ID” that guarantees that client those shares.
Information in hand, the HF manager decides whether to go forward. If she wants the short, she instructs her trader to sell, and provides the trader the Locate ID (tagged to the shares that were shorted) to match with that transaction, so that everything works on the back-end.
Let's look at the HF’s transaction:
The PB lent the HF specific $GME shares, which the HF immediately sold, receiving cash.
The HF balance sheet is: owes shares and has cash...
The HF receives money market interest on the cash in its account (called “short rebate” - this is nominal in today’s ZIRP world, but can be meaningful in a high interest rate environment)
The HF pays borrow cost on the owed shares
As you know, because the HF owes shares, and not money, its performance moves precisely inverse to the share price movement (profit on decline, lose on increase).
Behind the scenes, the PB deals with plumbing.
The PB needed to find someone who owned the $GME shares with clean title. Ideally, the PB found those “in house” (from another client of the same brokerage), but often they locate them from a 3rd party (like RH or another PB)...
The PB pays RH daily for the borrow, and charges its HF client daily.
Now zoom out:
RH’s margin client (a retail investor) *thinks* he own shares. He never did, because it’s a margin account.
RH itself actually owned the shares (in Street name).
RH lent those shares to a HF PB (aka “hypothecation”), in exchange for daily borrow fees.
That loan creates a debit/credit relationship between RH and PB. The PB took those borrowed shares and re-lent them to its client, who sold them to a 4th party. The RH client and the 4th party simultaneously "own" the same shares.
Summary from various perspectives:
The RH Client has a stock *credited* to its margin acct. This is actually a promise from RH
The HF owes GME stock + borrow interest. It owns "cash" from the short sale, which is credited to its margin account. It receives interest on that cash (even that cash is actually just a promise from its PB)
RH has a security loan to PB, and collects variable borrow interest in the meantime
PB owes RH stock and daily borrow interest. PB holds HF client margin account assets as collateral. HF pays PB a daily borrow rate. PB scrapes a vig off the borrow rate and pays the balance to RH
A 4th party owns the actual shares that the RH client thinks *they* own, and
DTCC is recording the ownership chain and ensuring cash from purchase and to sale flows through.
DTCC’s main worry is that someone mid-chain hits a problem.
If that happens, the problems flow all the way up the chain to RH’s client and down the chain to DTCC.
In this way, RH is at risk to downstream problems.
The plumbing metaphor is apt: when you flush, a downstream clog causes a mess that backs up into your toilet. Don't handle that clog well & you end up with a mess on your floor. Handle it *really* poorly & you burst a pipe - wastewater seeps into your walls.
To avoid this, DTCC has risk-weightings based on the counterparty and the securities. When $GME became the most volatile asset in the world, it created massive risks to the system. Likewise, DTCC views transactions from margin accounts as riskier than from cash accounts.
From the broker's perspective, its risk w/r/t margin accounts is mitigated by the broker's ability to close clients out of positions, liquidating them when risk thresholds are breached.
Stocks that are extremely volatile increase the odds of breaches.
To mitigate the risk of a failure to get paid, DTCC requires brokers (like RH and PB) to keep collateral on deposit at DTCC (cash and Treasuries) in proportion to the risk that broker poses.
As more and more of a broker’s DTCC assets increase in risk (e.g., $GME becomes disproportionately part of RH’s assets), DTCC says to RH “you need to send us more collateral."
Collateral means liquidity.
Liquidity is the oxygen of financial markets.
Accessing liquidity is easy when you don't need it and hard when you need it.
So maintaining big buffers is important.
So far, I have skipped a MAJOR - perhaps THE MAJOR - part of the $GME story: Options.
If you’ve seen my Tweets from the past few days, I said the GME situation is no longer Retail vs. Hedge Fund - it is Hedge Fund vs. Hedge Fund.
The dollars at play are unbelievably massive in relation to the companies we are all talking about.
Everyone – both the longs and the shorts – knows that $GME, $AMC, et al are ALL shorts, in the long-run. In the meantime, they are trading footballs. The players are all punters and hunters.
The punters are gambling. Many gamblers are skilled, but most are patsies. The median punter loses money.
The hunters are trying to figure out how to capitalize on the inevitable long-run outcome, "I know GameStop will be lower in the long-run, how do I profit from that?" They tend to be choosy.
In the case of a short squeeze, the “long-run” is just the other side of the squeeze. It could be days; it’s not likely to be many months. If you look at historical analogs, the collapses are as breathtaking as the squeeze.
This is where options come into play.
Buying options is a way of borrowing money, but capping your risk of loss: you cannot lose more than you put in but you receive nearly uncapped upside.
In exchange for capping your max loss and getting exposure to huge upside, options have fairly high odds of expiring worthless.
If buying options provides nearly uncapped upside, then - tautologically - selling options has nearly uncapped downside. Sellers collect premium up front, and most of the time you keep it. But, when you lose, it can be bad.
Selling options resembles an insurance contract from the insurer's perspective. Receive small up-front payments, and occasionally pay out big in disasters.
Selling options is the classic “picking up pennies in front of a bulldozer.”
Some people joke that when you buy options, you join a group of people throwing pennies toward a guy in front of a bulldozer. If the bulldozer runs over the guy while he’s picking up *your* penny, you get to keep all the pennies in his pocket.
As the $GME “short squeeze” took flight, anyone who had sold calls was in deep shit.
Their toilet was flooding (and flooding and flooding).
If in December, when $GME was at $15, I sold $20 strike calls on GME with a Feb expiration for $1.75, I’d have received $175/contract (each contract represents 100 shares).
Above $21.75, I start losing money.
With $GME at $300/share, that contract now sells for $280 ($28,000).
I'd have lost $27,825 per contract ($280 x 100 - $175).
That means I lost ~280x the premium I received.
No bueno. Even a TINY position could bankrupt you.
I'm not going to go into this, but many market participants finance their option purchases (i.e., borrow on margin to buy the option).
Your head might explode if you think about that too long…
Back to plumbing: Guess what type of account nearly all options sit in?
Hint: Margin accounts.
If I sold that call, I obviously could not wait until $300 to start managing my losses: my solvency and the market’s rationality would be at loggerheads well before that, and my solvency would lose.
I’d be desperate to get long. If I didn’t do it myself, my broker would do it for me. The broker would liquidate me as soon as I become a real credit risk to them. If they are nice, they might give me some warnings first, and let me try to cure.
I (or my broker) could mitigate this risk by
Adding additional collateral (infuse cash: see Point72 and Citadel with Melvin)
Closing out the sold call (buy it back at a loss);
Buying enough stock to offset the call (but I have a margin account...
... and that would increase my use of balance sheet); or
Buy a call with a higher strike that has the effect of capping your loss (also a use of balance sheet, but arguably more efficient)
However, for you to buy that higher call, somebody else has to sell the call. In the midst of the squeeze, option sellers can see the shadow of the bulldozer, and are no longer sanguine.
Very few people want to sell calls on something they've watched go up 15x in two weeks, but gamblers might. This culls the supplier of option selling down.
Conversely, everyone wants to buy options. Hunters and punters alike scour the universe to buy cheap puts (puts win if the stock declines enough). Today, because demand is so high, put pricing has skyrocketed.
Importantly, buying puts creates implied short exposure, which means the implied notional short exposure for GME can be much, MUCH bigger than it looks like.
Recall, everybody believes the collapse is coming: hunters and punters alike. The question is when.
Nobody wants uncapped exposure to losses. This means that people who are selling options at one strike are likely buying options at another strike to limit their exposure. The total amount of option notional outstanding is growing and growing and growing.
Despite the high cost, options are the preferred method for sophisticated hunters to play. Everybody wants to own options on GameStop but nobody wants to sell them. Price goes up until they entice the marginal seller.
Sellers don’t want to pick up pennies, but they might be willing to pick up hundos.
This week, the strangest thing began happening in $GME options (actually earlier, but it became very obvious on Tuesday). Even as GameStop hit moonshot phase, the price of its puts barely budged.
If you owned a Feb 19 $70 strike put on Monday, it traded for $20-$25. $GME stock closed at $77. At $20, the put price implied that the breakeven price for a new buyer of that put requires $GME stock falling by 1/3 and going to $50 by Feb 19th. A big move. Expensive options.
You will recall that on Tuesday, GameStop nearly doubled, closing at $148 and on Wednesday it more than doubled, closing +$200 at $348.
That same $70 strike put closed Wednesday at $19. The stock was up $270!!! and the put only declined one dollar!!!
The perceived risk of loss to an option seller for that $70 strike option was basically unchanged even as GME went from $77 to $370.
Crazy.
A put that is 72% out of the money and expires in 3 weeks normally trades for pennies, not $19. Arguably it was trading for 100x a more standard price for a put that far out of the money and with that little time left before expiring.
Options use lots of "Greeks": delta, theta, gamma.
It is not practical to get into implied vol and gamma in a Tweet, but suffice it to say, “something broke.”
On Thursday, as $GME's stock price fell >$150, that put increased in value, which makes sense. But only by $2, to $21. Hardly a budge. Insane.
With the stock price not behaving like anything normal, the options market basically told the stock market “I don’t believe you.”
It was as if the out of the money puts market simply ignored multi-hundred dollar stock price swings.
Go back to the broker or client: they're using options to hedge equity positions (or vice versa), but all of the sudden there is no meaningful correlation between the two.
All the "normal" relationships shattered.
This is quantitative risk management death. You die and go to balance sheet hell. At the River Styx awaits Citadel, saying "oh, you need a ride?"
So now, what?
You either have to unwind or… do more.
More exposure is the answer and the problem. You can't do it but you feel like you can't not do it. Instead, you de-gross. Sell anything you have that is liquid. Sell your Microsoft. Sell your Facebook. Sell it all. Get exposure down.
The amount of capital at play in $GME et al, through options, is astounding. Because the expected relationship between the equity and options markets is failing, we have what I have been calling a “Gamma War.”
Thomas Petterfy, the founder of Interactive Brokers (a better alternative to RH, IMO), said the following to CNBC
Quoting from the article:
“We are concerned about the ability of the market and the clearing systems, through the onslaught of orders, to continue to provide liquidity. And we are concerned about the financial viability of intermediaries and the clearing houses,” he added.
“The broker stands between these customers and the clearing house,” said Peterffy. “So when some option holders make money, the clearing house has to give us the money to give it to our customers...
"...while other option holders, sellers or buyers on their own side lose money we have to collect money from them and give it to the clearing house. If our customers are unable to pay for their losses we have to put up our own money.”
Interactive Brokers has $10 billion in equity to cover these payments if need be, but Peterffy said he can’t say the same about other brokers with full confidence.
If you made it this far, you will realize it is those last few sentences that say it all.
Worse yet, if you are a brokerage where your clients are:
a) zooming in on the same small set of securities that, all of which are correlated (e.g., GME, AMC, BB); and
b) all taking the same side of the trade,
then with each new trade, your brokerage is onboarding more of the same risk. The capital required for the broker to fulfill more and more of the same, without risking the business, is large.
Your clients are all taking the same side - collateral is flowing one way. You aren't receiving enough of the expected netting benefits from some of your clients taking the opposite side of the same trade.
It's almost like a casino's sports book where all the customers are betting the same team. Even as the line moves gets worse and worse, theoretically incentivizing bets on the other side, your clients just keep taking more of the same.
The House's risk is building & building.
At a *systemic* level, this all basically nets out. But, at any given counterparty, it may not. That counterparty might be the client (a HF or individual) or the broker (RH or PB). Depending on where you are in the chain, you have different worries.
This is what Risk Management processes and systems are designed to mitigate. However, if your system did not consider this type of event, and you did not override with commonsense early on, you can be caught offsides.
Badly. Lethally.
There have been huge winners already. But if you are only a winner on paper, your story is not yet finished. The game is not over until the whistle blows. You need to ultimately be a winner in *realized* gains held in a safe brokerage.
Sophisticated players know this. They care about the quality of their counterparties and risk-manage their own portfolios...
...and that all brings us back to RobinHood.
Questions abound. Answers will be revealed in the fullness of time.
[End - phew]
i understand what i have done, who i am, where i am, what i can do, and what i am going to do... My special automation gifts in 3 flavors b real...
Harvard Law professor emeritus Alan Dershowitz said that the house violated six independent points of the Constitution when impeaching President Donald Trump.
In an interview with Newsmax, Dershowitz said: “They violated the free speech provision. They violated the impeachment criteria. They violated the bill of attainder. They violated due process, on and on and on.”
“How can you impeach a president for a speech that is constitutionally protected?” he said.
The law expert said that Congress is not above the law, but that ironically, they have protection from culpability for what they do on the Senate floor.
“But the only sanction is to vote them out of office and to bring them to trial in the court of public opinion,” Dershowitz told host Carl Higbie. “Senators and congressmen are immune from lawsuits for what they do or say on the floor of the Senate, so there can’t be any personal lawsuits.”
“The Constitution is very clear, the purpose of impeachment is removal,” he said. “The Senate cannot try an ordinary citizen.”
On a single article of impeachment, the House voted 232–197 to impeach President Trump, on Wednesday for “incitement of insurrection.” Democrats and 10 Republicans contended Trump incited the Jan. 6 breach of the U.S. Capitol.
Trump is the third president to be impeached and the first to be impeached twice. No president has ever been impeached and convicted and no president has ever been placed on trial after leaving office.
A single 7-hour impeachment hearing session constituted the fastest impeachment in U.S. history.
Speaker of the House Nancy Pelosi appointed Eric Swalwell (D-Calif.), who recently came to the spotlight for his alleged intimate relationship with a purported Chinese spy, as impeachment manager.
Some legal experts argue holding an impeachment trial after Trump leaves office violates the Constitution.
“Once Trump’s term ends on Jan. 20, Congress loses its constitutional authority to continue impeachment proceedings against him—even if the House has already approved articles of impeachment,” J. Michael Luttig, a retired federal judge, wrote in an op-ed.
Others say a trial could commence.
“Of course, you can impeach, convict, and disqualify a former officeholder,” Gregg Nunziata, a former Senate Judiciary Committee lawyer, said in a tweet. “This view is supported by English custom, Constitutional text and structure, original understanding, and continuous Senate precedent.”
Under the U.S. Constitution, the Senate conducts an impeachment trial when the House impeaches a president. The upper congressional chamber can acquit a president or convict him. A two-thirds vote is required to convict. When the House impeached Trump on a separate matter in 2019, the Senate voted to acquit him 21 days after the trial started.
https://www.theepochtimes.com/house-committed-six-violations-of-the-constitution-alan-dershowitz_3659455.html
This particular ship is already loaded with $80 trillion total US debt of which the government has issued $27 trillion and the Fed printed $7 trillion. Add to that derivatives and unfunded liabilities of at least $1/2 quadrillion. So say a total of $600 trillion in US debt and liabilities that will become debt.
DEBT WEIGHT 150,000 747 JUMBOS
Just as an illustration, $600 trillion in $100 bills would weigh 60 million tons. This weight corresponds to 150,000 747 jumbo jets. What that amount of debt load, no wonder the ship will sink.
https://kingworldnews.com/greyerz-the-world-is-headed-into-the-worst-nightmare-imaginable/
Bill H- Spot on yet again... https://www.jsmineset.com/
Posted November 17th, 2020 at 10:13 AM (CST) by Bill Holter & filed under In The News.
Bill Holter’s Commentary
Well here you go…
Scott Pelley Q. “can you characterize that everything the Fed has done this past week as essentially flooding the system with money?”
Neel Kashkari: “Yes. Exactly.”
Scott Pelley: “And there’s no end to your ability to do that?”
Neel Kashkari: “There is no end to our ability to do that”
Folks, there is one flaw to this, they can certainly flood the system with as much “money” as they want but not forever because once people no longer believe their “money” to have value …it is GAME OVER! And sadly it is not a “game”, this is people’s lives and life savings they are mathematically destroying. Don’t believe us? Just watch, the tears will follow…
was thinking it could be 269 vs 269 so maybe 270 vs 268 - a horserace - photo finish
Were screwed Biden won 270 vs 267- USD soon to be worthless
253 vs 213
With AZ and NV add 17 and he gets 270
Trump will run the table on the other states to no avail after losing WI and MI
They tanked silver under $23 but it still goes for $30 unless you are getting 100 OZ and even that is $26 / Oz - on eBay (and elsewhere)
Paper silver's true value is ZERO
The day will come when the price of silver will be based on the physical market - BECAUSE THE PAPER MARKET WILL HAVE DIED DUE TO LEVERAGE THAT WAS CALLED OUT - IMO
https://usawatchdog.com/next-6-months-most-perilous-in-us-history-steve-quayle/
Next 6 Months Most Perilous in US History – Steve Quayle
By Greg Hunter On September 23, 2020 In Political Analysis No Comments
By Greg Hunter’s USAWatchdog.com
Renowned radio host, filmmaker and book author Steve Quayle predicts, “The next six months will be the most perilous in the history of America. . . . It’s not a prediction, you are seeing it right now. Three years ago at my ‘True Legends’ conference, I said from this conference date on, the word ‘normal’ will never be used again. I also said every expectation that you have known as normal in the coming months and years will change forever. There is no going back to normal. It doesn’t exist. Most people don’t even know what has changed, but when you can’t eat, you don’t have a job, you have to depend on $600 per week from the government, the restaurants you used to eat at are closed and 166,000 business closed, I say ladies and gentlemen, this is the most important time.”
Quayle also warns of profound earth changes, such as earth quakes and volcanos, that have recently increased in activity worldwide. Quayle explains, “I sometimes think we get too focused on the political, and we forget to see the big picture. The big picture is earthquakes are changing the face of the planet, and the volcanos are changing the temperature of the earth. This will all come to the point that we are going to be facing famine geologically induced by nature. Most people don’t even have this on their radar yet. Stacking volcanos or triplet volcanos since July have been hitting 7.2 and 7.3 magnitude in Papua, New Guinea. When I am talking about ‘stacking’ earthquakes, I am not talking about aftershocks . . . this means three specific earthquakes being generated . . . and that is really significant. . . . These are major quakes and not little tremors. You have been seeing this on the so-called ‘Ring of Fire’ until three days ago. On September 18, the Mid-Atlantic Ridge starting having these multiple earthquakes—major quakes. When there is a big earthquake on the Mid-Atlantic Ridge, and this is why we are talking about this, that (dead) volcano slides into the ocean, and then you’ve got the East Coast tsunami. . . . The San Andreas Fault is little league compared to what I am talking about. . . . This could affect the East Coast in a deadly and dangerous way. . . . We are talking about a 500 mile per hour tsunami or tidal wave going inland for up to 100 miles. . . . In Matthew 24 of the Bible, Jesus talks about this. Jesus said there would be earthquakes in diverse places. Men’s hearts would be failing them for fear of those things coming upon the earth.”
Quayle says his sources say that academic and government experts are “being muzzled so as not to cause a panic. . . . He says they have been forbidden to talk about this.”
Quayle says the most important commodity to have in the future is food. Quayle says, “You better be buying canned food, no kidding. It does not have to be refrigerated.”
Quayle says, “There are evil globalists and secret societies who want to set up the world for the Anti-Christ. Anti-Christ means in place of Christ.”
Quayle contends, “This is what the globalists and elitists want. They want one world religion based on Satanism. They want a one world economy based on all digital, and then they want a one world government. Ladies and gentlemen, it’s forming before our eyes. The nation states must be overthrown.”
Quayle also predicts, “America will endure a famine. I also have said this, the greatest migration in the U.S. history will take place for fresh water. It will be caused by drought, poisoning of the wells and earthquakes will fracture different areas and aquifers. . . .Don’t wait to panic. You don’t need to worry about toilet paper. You need to worry about nothing in your stomach.”
As far as the November Election, Quayle says, “I think this is going to end up in the streets of America. I think Trump is going to win. I think it’s going to be contested. I see, prior to November 3rd, all hell breaking out. I said this 25 years ago, and I see us going into a civil war. . . . The idea that there is a political solution to a spiritual problem is baloney.”
Join Greg Hunter as he talks to radio host, filmmaker and top selling author Steve Quayle as he talks about his upcoming video conference called “Final Warning, Brace for Impact.”
(To Donate to USAWatchdog.com click here)
After the Interview:
There is free information on SteveQuayle.com.
To see the “Final Warning, Brace for Impact” trailer, click here.
To sign up for the “Final Warning, Brace for Impact” video on demand conference on October 16 and 17, 2020, click here.
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