Dem Civil War, Deep State Reveals All, Economic China Virus Update The Democrat Party looks like it is having an all-out war—with itself. This Democrat civil war is unlike any in modern history. You have a party that has turned communist/socialist fighting with elite members such as billionaire Michael Bloomberg. This battle for the party of theft and death is just beginning and won’t end well. The Democrats and Deep State overlords are getting desperate. They are revealing themselves like never before. It was not that long ago that if you mentioned the so-called Deep State, people would think you were a tin foil hat wearing conspiracy nut. Not any longer. It seems all of the nuts are being revealed in the Deep State. This includes revelations of human trafficking that, according to President Trump, is 70% women and children. Thank you Prince Andrew, Jeffery Epstein for all the stories about global human trafficking and sex slaves getting out to the general public. The China virus news seems it is going from bad to worse every week. No one believes the official stories coming out of China. China’s domestic production of goods has ground to a halt, and now Wall Street is waking up to the fact the money printing at central banks is NOT going to fix the coming global economic disaster hatched in communist China. Join Greg Hunter of USAWatchdog.com as he talks about these stories and more in the Weekly News Wrap-Up.
In today’s video, Christopher Greene of AMTV reports on Bank of America Outage and Chinese Bank Runs breaking Worldwide.
Who really controls the dollar?
The dollar has been dying since 2015.
Gold and silver will soon be unattainable.
Are we about to see U.S. financial markets go crazy? That is what Goldman Sachs seems to think, and it certainly wouldn’t be the first time that great financial chaos has been unleashed during the month of October. When the stock market crashed in October 1929, it started the worst economic depression that we have ever witnessed. In October 1987, the largest single day percentage decline in U.S. stock market history rocked the entire planet. And the nightmarish events of October 2008 set the stage for a “Great Recession” that we still haven’t fully recovered from. So could it be possible that something similar may happen in October 2019?
For investors taking a breather from the chaos in August, buckle up as the market is about to go crazy again, Goldman Sachs warned.
Wall Street is now inches away from reclaiming its record highs, but a rockier ride could be around the corner as stock volatility has been 25% higher in October on average since 1928, according to Goldman. Big price swings have been seen in each major stock benchmark and sector in October over the past 30 years, with technology and health care being the most volatile groups, Goldman said.
Goldman derivatives strategist John Marshall is the man behind this new warning, and he believes that there are some fundamental reasons why the month of October is often so volatile…
“We believe high October volatility is more than just a coincidence,” John Marshall, equity derivatives strategist at Goldman, said in a note Friday. “We believe it is a critical period for many investors and companies that manage performance to calendar year-end.”
And even though October hasn’t arrived yet, we are already starting to see some things that we haven’t witnessed since the last financial crisis.
For example, the Federal Reserve had not intervened in the repo market since 2008, but this week the liquidity crunch was so bad that the Fed felt forced to conduct emergency overnight repurchase agreement operations on Tuesday, Wednesday, Thursday and Friday.
And then on Friday the Fed announced that it will continue to conduct emergency interventions “on a daily basis for the next three weeks”…
The New York Federal Reserve Bank said Friday it will inject billions into the US financial plumbing on a daily basis for the next three weeks in an effort to prevent a spike in short-term interest rates.
The Fed will offer up to $75 billion a day in repurchase agreements — exchanging secure assets for cash for very short periods — through October 10, it said in a statement.
In addition, it will offer three 14-day “repo” operations of at least $30 billion each.
In essence, the “plumbing” of our financial system has gotten all jammed up, and calling out Roto-Rooter is simply not going to get the job done.
Of course Fed officials are trying to assure us that this is no big deal and that they have everything under control.
But if all this is no big deal, why haven’t they had to conduct such emergency interventions for the last 11 years?
And this comes at a time when the deterioration of the U.S. economy appears to be accelerating. In fact, on Friday St. Louis Fed President James Bullard publicly admitted that the U.S. manufacturing industry appears to already be in a recession…
The US manufacturing sector “already appears in recession” and overall economic growth is expected to slow “in the near horizon,” St. Louis Federal Reserve Bank president James Bullard said on Friday, explaining why he dissented at a recent Fed meeting and wanted a deeper, half-percentage-point rate cut.
That is a stunning admission, because normally Fed officials try very hard to maintain the narrative that everything is wonderful because they are doing such a great job of manipulating the economy.
Americans’ confidence in the economy has become less rosy this month as Gallup’s Economic Confidence Index fell to +17 from August’s +24 reading, marking the lowest level since the government shutdown ended in January.
At the same time, the public is evenly divided over the likelihood of a recession in the next year. The current expectation of a recession is nine points higher than it was in October 2007, just two months before the Great Recession began but slightly below a February 2001 reading, one month before that eight-month-long recession.
Every economic indicator that we have is telling us that big trouble is heading our way, but most Americans are partying instead of preparing.
U.S. financial markets have never been more primed for a crash than they are at this moment, and so many of the exact same patterns that we witnessed just prior to the last recession are happening again right now.
Over the past few months, my wife and I have felt a sense of urgency unlike anything that we have ever felt before. You may have noticed a difference in our tone and in the types of stories that we have been sharing. Everything that we have been doing has been leading up to this. The time of “the perfect storm” is here, and most Americans won’t understand what is happening.
The storm clouds are looming and disaster could strike at any time. This is one of the most critical times in the history of our nation, and most Americans are completely unprepared for what is going to happen next.
Published on Aug 15, 2019If you wanted another sign the economy is not doing well, look no further than the latest allegations General Electric is a “bigger fraud than Enron.” The person making this charge is Harry Markopolos who uncovered the $60 billion Bernie Madoff scam years ago. This is a DOW 30 stock, and downside of this news, if proven true, is dire. Deutsche Bank (DB), the financial institution the International Monetary Fund (IMF) called the “most systemically dangerous bank in the world” back in 2016, hit a fresh new all-time low of $6.44 per share. Charles Nenner predicted that if DB went below $6.40, it would head to $0 in the not-so-distant-future. Will world renowned, market cycle expert Charles Nenner be proven correct? Analyst Bo Polny, market cycle expert that applies the Bible to his work, says a “worldwide market crash is coming in 2019.” Polny says gold and silver prices are headed to new all-time highs, and there will be severe market down turns coming in the months ahead. This is a first ever live interview included within the Wrap-Up. Join Greg Hunter as he talks about the big financial stories of the week and also interviews Bo Polny of Gold2020Forecast.com about a market crash of Biblical proportions coming soon.
Published on Aug 15, 2019
Published on Aug 8, 2019
Declaration of Unity
DECLARATION OF UNITY OF ASGARDIA
We, the free people of the first in the history of humanity space nation ASGARDIA, based on the birthright of Man in the universe, adopt this DECLARATION
- Asgardia is a free and unified space nation.
- The objectives of Asgardia are:
- To ensure peace in space;
- To ensure the protection of planet Earth and the entire humankind (from outer space threats);
- To ensure equal opportunities in space for all Asgardians residing on Earth, regardless of geographic, financial, technological and other specificities of the countries of their Earthly citizenship.
- Any resident of Earth can become a citizen of Asgardia, as long as he assents in the Declaration, and abides by the Constitution and the legislation of Asgardia.
- All citizens of Asgardia are equal, regardless of their Earthly country of origin, residence, citizenship, race, nationality, gender, language, or financial standing.
- Asgardia respects the laws of Earth’s nation states and the international treaties on Earth, and wishes to be recognised as an equal country among the nations on Earth.
- Asgardia does not interfere in the affairs of Earth’s nations on the principle of reciprocity.
- Asgardia participates in the international-level events on Earth, like any other country, based on its membership in the respective international organizations.
- Asgardia respects and complies with the rights of citizens of Earth nations, and protects the rights of its citizens in the exclusivity of their space nation citizenship.
- Asgardia does not engage in politics, and has no place for political parties. But every Asgardian can freely participate in political life on Earth.
- Asgardia mirrors the Earth, but does not reflect Earthly borders. At the same time, in the framework of Earthly law, every Asgardian can freely live within the borders of any Earthly country.
- Asgardia is a country of free spirit, science and internationalism. But every Asgardian can freely practice any religion on Earth.
- There is no place for the history of Earthly conflicts in Asgardia. Asgardia creates a new peaceful history of the future of the humankind in space.
We, the people of Asgardia, will do everything for the prosperity of our new space nation created by us; for the protection of our motherland – planet Earth; and the development of the entire humankind in space.
One humanity – one unity.
This Declaration is a primary document for the creation of ASGARDIA – the Space Nation
Published on Aug 5, 2019
Published on Jul 17, 2019
Bitcoin (BTC) price fell back below $10,000 on August 1 as markets broadly shook off the first Federal Reserve interest rate cut since 2008.
Bitcoin doesn’t care about the Fed
Data from Coin360 showed the largest cryptocurrency hovering just below the significant barrier once more Thursday, having climbed as high as $10,138 in the past 24 hours.
A sudden uptick took BTC/USD $500 higher Wednesday, a move which itself followed a dramatic downturn over the weekend which saw the pair shed $800 in minutes.
Bitcoin 7-day price chart. Source: Coin360
As various sources noted, the cut was the first from the Fed since Bitcoin’s creation over ten years ago.
“In preparation for the halving, the Federal Reserve is cutting interest rates to further highlight Bitcoin’s economic innovation. Everybody, be sure to thank Jerome Powell for sticking to the Bitcoin as store of value thesis!” Michael Goldstein, president of the Nakamoto Institute, commented on Twitter about the event.
At press time, however, Bitcoin appeared broadly unaffected by U.S. economic policy compared to its behavior in light of regulatory noises throughout last month.
As Cointelegraph reported, mixed messages from Congressmen and others produced significant volatility, with BTC/USD still down $4,000 versus its July highs. Compared to exactly one month ago, however, the pair has tracked neither up nor down.
Altcoins stagnate further
A similar picture presented on altcoin markets. Sideways action has defined the top twenty cryptocurrencies by market cap in recent days, tokens moving in step with Bitcoin.
Ether (ETH) the largest altcoin by market cap, moved up by a modest 0.7% on Friday to hit $213, having spent the past week in a corridor between $200 and $223.
Ether 7-day price chart. Source: Coin360
Other major alts broadly replicated such behavior, an exception being Litecoin (LTC), which gained 4.8% to lead the market as its halving is now less than a week away.
The total cryptocurrency market cap stood at $273 billion, with Bitcoin’s share at 65.1% of the total.