Some Considerations for Surviving, Maintaining, and Prospering in 2021

Heading into 2021, there's almost universal certainty that the year will offer a multitude of challenges to Americans, be they emotional, financial, or safety-related. The main threats to freedom-loving people come not from they mystery virus, but from corrupt politicians with rapacious taxation schemes and illicit mandates, an out-of-control medical community, or lies and falsehoods from the mainstream media propaganda machine.

The following are suggestions that would apply even in the best of times. Being prepared is just good common sense. Most people aren't capable of handling a crisis without panicking, so avoiding crisis conditions in the first place is recommended. Living conditions can go sideways in a hurry, by natural or man-made forces, so being informed and suitably prepared are primary concerns under circumstances that may well become beyond the control of individuals and families, as many have learned from the various CV-19 restrictions, rules, lockdowns and subsequent reactions.

If your intention is to survive the coming depression that - by all appearances - will arrive and intensify in 2021, the very first thing you have to do is put together a personal or family budget and determine if your income is sufficient and secure enough to afford your current lifestyle and reasonably expected expenses.

The next thing is to make adjustments. Personal preferences may be in favor of a luscious lifestyle in the face of increasingly difficult circumstances or austerity to cope with what may become a stressful situation. In either case, it behooves the prudent to ensure that all life-supporting essentials are in good repair and working order, including everything from checking your roof, windows, doors, and basement for damage or potential failures to keeping your vehicles and appliances in good operating condition. Nothing can be more threatening to safe survival than a car that won't start, a roof that leaks, or a refrigerator or furnace that fails when most needed.

Health is going to be a primary concern, so it's a good idea to stock up on basic first aid materials like aspirin, bandages, antiseptics, and immune-boosting vitamins, especially, C, D3, Zinc, Quercetin, and a good stock of multi-vitamins.

If your pantry isn't already overflowing with canned goods, flour, rice, bottled water, and other basic foodstuffs, the time to stock up in now. Nothing harms the human spirit more than an empty stomach, and, with "food insecurity" rampant in the new American experience, keeping a supply of survival-type items on hand is not just a good idea, it's an essential one.

An even better solution to storing food is to grow some of your own. In case you've never planted a seed or grown some tomatoes, peppers, or lettuce, the time to start learning how was yesterday. During the Great Depression of the 1930s, most families had little garden plots in their back yards so they were at least partially self-sufficient. A 10 x 10 garden can produce quite a few edibles. Bigger is better of course. Even though it's the dead of winter, gathering information and checking on seed supplies right now may be a prudent endeavor. Gardening and farming is not easy. It's time-consuming, but can be fun, and the rewards of fresh produce are without equal.

Mental health may become a greater concern as conditions change. Normalcy bias dictates a certain intellectual comfort level that can be badly challenged when things just aren't going to be the same as they used to be. Developing some flexibility in your mental and emotional outlook may be the most important thing you can do to deal with changing conditions in your life and those around you.

Keep lines of communication open. News you get from television is likely to be distorted and overly pessimistic. Sourcing information off the internet will likely be a viable alternative to mainstream propaganda. Radio is another good source for reasonably good information, though much of it is biased toward either conservative or liberal audiences, so listen with a jaundiced ear.

Get to know your neighbors and their views. You may find that many of them aren't very well-prepared and it may be up to you to get them up to speed on important issues. Banding together on a local basis may become a necessity.

If you're fortunate enough to already have a good source of backup power in case of natural disaster, make sure it will function properly when needed. If you don't have backup power or energy sources, getting your hands on a working gas generator, some solar panels, a converter, and batteries should be a priority.

Keep cash on hand and as little as necessary in the bank. In the case of a national banking emergency, the money in your bank may not be readily accessible. That's been the case in the past and it's sure to be somewhat the same in the future.

Lastly, but obviously not the least of concerns is personal safety and that, for most people, means having guns and ammo at your disposal in case things really get out of control. Owning a gun is great, but better yet is knowing how to use one and keep it in working condition. Some shooting practice makes sense, and understanding how you will react under stressful conditions is also an important consideration. Hitting targets is fine, but what you're likely to be shooting at will be on the move. At the very least, a handgun, shotgun or rifle will give you the upper hand in many situations, whether you choose to use it as deadly force or employ it as a threat to keep dangerous matters under control.

Overall, 2021 isn't guaranteed to be anything. Probably, some of it will be good, some bad. Whether you choose to carry on with life as you always have or develop a hunker down in a bunker mentality is entirely up to you. At least taking the time to assess your personal situation and that of the world around you may offer some advantage toward staying alive, staying safe, and maybe even prospering during disruptive times.

There will be opportunities. There always are for people prepared to discover them. Your garden may feed half the neighborhood. Your skills may be in demand. You may discover things about yourself you never imagined that can be marketed profitably. There will certainly be opportunities to make money in stocks, currencies, commodities and other financial products. Stay aware and on the lookout for ways to make money or improve your net worth.

Here's to a Happy and Healthy New Year in 2021 and hope that conditions improve rather than deteriorate further.

At the Close, Wednesday, December 30, 2020:
Dow: 30,409.56, +73.89 (+0.24%)
NASDAQ: 12,870.00, +19.78 (+0.15%)
S&P 500: 3,732.04, +5.00 (+0.13%)
NYSE: 14,477.48, +79.55 (+0.55%)

Stocks Falter As 2020 Trudges To A Close; 2021 Likely To Be Worse

As capital markets go, there was a disturbance in the farce on Tuesday, as European stocks took off and US stocks stalled out. After making all-time highs on Monday, the three main indices (Dow, NASDAQ, S&P) retreated slightly, expressing at least a little bit of pessimism that economic recovery from the CV-19 pandemic of 2020 was not going as smoothly as anticipated.

A "V-shaped recovery" was never going to materialize while small businesses were shuttered by the thousands, commercial and residential rents were largely deferred until some later date, and residential, government-backed mortgages were placed on hold, put in abeyance or otherwise not serviced in timely manners, and new unemployment claims continued to pour in at levels not seen since the Great Depression.

The only people who believed in such nonsense were the clinically insane, mentally-challenged, and just plain gullible sheep-people who populated most of urban America.

When you have people like Klaus Schwaub, founder and director of the World Economic Forum in Davos, Switzerland, calling for a Great Reset, well-informed people will quickly come to the realization that "reset" and "recovery" are nearly diametrically-opposed conceptual constructs which cannot, in the real world, be reconciled in an orderly manner.

Taking an analogy of a sick patient, a doctor seeing recovery would find the patient's blood counts improved, breathing more relaxed and natural, color gradually returning to cheeks, and generally better overall mood and bodily function. In the case of a reset, the patient, in a prone position on a hospital bed, wheezes all night, heart rate slows, bodily functions cease functioning until put on life support, pumped with experimental drugs and blood transfusions until reaching a level of functional sustainability with the help of more drugs, stimulants, and maybe a catheter to control the effusion of toxins.

The recovered patient would gradually return to pre-existing condition without after-effects. The reset patient would be molded and coaxed into a condition of dependency on medicine or other ambulatory devices dissimilar to the prior, pre-illness condition.

Instead of a recovery to a so-called "new normal," a reset is where the US and global economies are headed. The promise to "Build Back Better" so often flouted by the elite super-structuralists who view globalization, slavish adherence to dictates, and overt population control as panacea for their new world order failed to mention that what they intend to build back will be better for them, but not necessarily so for the 99% of the world that will be forced to live under the thumb of their dominion.

So, it's crystal-ball-gazing time as the world tries to live out the remaining few days of 2020 without succumbing to depression, disease or starvation, all of which will be in-your-face elements of 2021.

In all seriousness, as bad as 2020 was and continues to be, 2021 is likely to be even worse for a majority of people not in the big club of politicians, bankers, and propagandists otherwise known as the mainstream media.

The year of 2021 will be marked by even more scary stories about diseases led by the CV-19 strain mutating into more virulent forms, government non-legal mandates growing exponentially, economic and mental depression, and living conditions unlike anything seen since the 1930s.

Nothing will be "back to normal." Facial coverings, masks, will likely be mandated to even larger swaths of society. Money will become scarce, the government forced to issue more $600, $1200, or $2000 checks to those deemed worthy of a pittance of hope. The stock market will continue going up until some realization of where exactly we are and where we are all headed (hint: gates of hell) becomes accepted and normative. At that point, one of the greatest economic collapses of all time will commence. 2020 was only a prelude to the actual disaster awaiting in 2021.

There will be no recovery so long as individuals are mandated to do as the government wishes and compliance is high, as it is today, clearly expressed by the preponderance of mask-wearers, social-distancers, and bleating, frightened sheep-people clamoring for more more government benefits, bailouts, buyouts, and biscuits.

Government employees at all levels - local, state, federal - will be well-compensated for their strict adherence to mandates and control over the rest of society. Go to a bank, a school, a police precinct, a court, or any government office and the smug, down-looking attitude of the drone-like civil servants will be obsequious and unrelenting.

You will be told endlessly to do things you would otherwise be opposed to: wear a mask, don't touch anything or anybody, get immunized, carry your papers, be searched, stripped of your rights, dehumanized. The planet will be reduced to a global plantation where you are the slave and the government is the master, the exact opposite of life prior to the pandemic.

Not that everybody will willingly accept what the government, the medical community, and the media is thrusting upon society, there will be protesters, civil disturbances, rule-benders, law-breakers, mass shootings, mass incarcerations, arson, robberies, rapes, murders, looting, and destruction of everything, everywhere. It's not going to be pretty and there's no escaping it other than by individual action as there is no organized resistance. And, even if there were, it would be crushed under the boot of the new tyranny in short order.

If you're thinking that 2020 was other-worldly, just wait until you see what's in store for 2021. It will be like traveling into a different dimension, a twilight zone of despondency, despair, and depression. Klaus Schwaub says, “You will own nothing and you will be happy.” Good luck with that as a leading indicator.

Happy New Year? Not just yet. Some rays of hope and streams of instruction tomorrow in the final 2020 post at Money Daily.

At the Close, Tuesday, December 29, 2020:
Dow: 30,335.67, -68.30 (-0.22%)
NASDAQ: 12,850.22, -49.20 (-0.38%)
S&P 500: 3,727.04, -8.32 (-0.22%)
NYSE: 14,397.92, -7.85 (-0.05%)

Trump Signs CR, COVID-19 Relief Bills, Markets Soar To Record Highs

As 2020, the year from hell, grinds to a close, there was no slowing the Santa Claus rally as all of the major US indices closed at record highs, with the exception of the NYSE Composite, which fell short of the 14,516.73 close on December 17.

The indices took differing paths to greatness. The Dow and spiked early and made the high of the day mid-morning, slumping afterwards, while the S&P meandered along a high plain after a boost at the open. NASDAQ stocks were up, then down, eventually turning in strong gains.

Monday's rally was largely the result of President Trump signing the continuing resolution (CR) which congress handed him - and he objected to - over the holiday weekend. The $2.3 trillion measure included a nearly $900 billion COVID relief bill, extending added unemployment insurance, rent and mortgage deferrals, while doling out millions and billions to states, schools, airlines, and assorted government welfare queens.

The president did promise to send congress a redlined copy of the legislation, singling out various items in the CR, notably, most of the foreign aid packages congress uses for bribery and cash payoffs, and other pork-barrel handouts to various federal agencies and special interests. While President Trump will likely make political hay whenever congress decides to ignore his "rescissions" on spending, his objections have no weight of law, becoming effectively just for political purposes.

Democrats "will reject any rescissions" submitted by the president, said Appropriations Committee Chairwoman Nita Lowey, D-NY, in a statement.

Included in the COVID relief legislation are $600 checks to Americans earning less than $75,000, with similar amounts for qualifying dependents. The president and Democrats in the House lobbied for checks of $2000, but Senate and House Republicans were against the larger amount. During its Monday session, the House passed a stand-alone bill approving $2000 checks. The measure goes to the Senate, where passage is seen as slim, though still a possibility if certain Republicans shift their votes away from the usual conservative, austere bloc.

In any case, larger checks in the future seem almost a surety, and no doubt Wall Street is banking on such an outcome. More handouts and free money from the government is net positive for stocks, as it has been for years.

With full sessions Tuesday, Wednesday, and Thursday, only three days remain to square up positions in 2020. Friday is January 1, New Year's Day. All markets will be closed.

Tuesday morning futures are pointing to another higher open, so expect this rally to extend into the year's end and likely beyond when trading resumes Monday, January 4. Stocks generally have been bid up every January, and there seems to be no impediment other than possible objections or other surprises related to the electoral collage vote for president and vice president on January 6.

For now, all appears to be smooth sailing.

Happy Holidays!

At the Close, Monday, December 28, 2020:
Dow: 30,403.97, +204.10 (+0.68%)
NASDAQ: 12,899.42, +94.69 (+0.74%)
S&P 500: 3,735.36, +32.30 (+0.87%)
NYSE: 14,405.77, +23.27 (+0.16%)

WEEKEND WRAP: Crosshairs On Congress; Max Keiser Parses Bitcoin; Keith Neumeyer Nudges Silver Rationing

Merry Christmas.

And here's hoping for a Happy New Year in 2021, because, to put it mildly, 2020 "kinda sucked."

The trouble that continues to build up in the global economy didn't happen overnight and it didn't happen because of CV-19. Problems in the global economy took decades to develop, mostly since the closing of the gold window by then-president Richard M. Nixon in August of 1971. The pandemic narrative that's been foisted upon the world's malleable and naive general population was the catalyst. Quarantines, masks, social distancing, and lockdowns were the manifestation.

More people will be irreparably harmed or killed by what follows CV-19 than the virus itself. That's not speculation. That's a fact that is already being verified. Food lines, shortages, mental disorders, spousal abuse, violent crime, rape, and murder are all rising dramatically as government's over-reaching response is wreaking havoc upon entire nations, down to cities and towns and neighborhoods.

In the end, it is everybody's fault. We elected people we thought were trustworthy, honest, forthright: people who would do the right thing for the general good.

We were wrong.

We were wrong to trust them and their legions of civil public sector zombies to guide us into the future, to make living easier. Instead, they shafted us at every opportunity, through taxation, fees, regulations, and favoring themselves and their supporters - major financial firms, global corporate donors, elite billionaire special interests - over the desires and needs of the general public.

Over the past nearly 50 years the betrayal has been gradually accelerating to the point at which it is nearly complete and that can be seen clearly in the stolen election, the lockdowns which boosted large corporations and public employees (all of whom continue to be paid handsomely) at the expense of private business and the general public. The idleness and willful ignorance of congress in first delaying passage of needed relief legislation, then fumbling of the same at the last minute while trying to tie the CV-19 to the general government appropriations bill (the continuing resolution) was not an accident, and, even if it was, it was unavoidable.

The bickering Democrats and Republicans don't actually have any moral or economic principle guiding them other then their quest to hold onto power. But, President Trump has pushed them to the limit by denying his signature on their bills, forcing the entire congress to miss their planned year-end holiday recess, to remain in Washington, DC, until satisfactory legislation can be achieved. It's very likely that it won't be. Congress is so massively contorted and corrupted that the chances of it passing meaningful, helpful relief and spending bills are practically nil. So consumed by greed, power, and self-absorbed narcissism, this congress may prove to be the one which eventually fails to fund even itself.

With both the House and Senate set to reconvene on Monday to sort things out, their last continuing resolution expiring that night, they're likely to complete work on a very short-term bill, something along the order of two weeks of funding for the federal government, similar to the last. The president should not sign it. He should allow the government to shut down. After all, practically the entire congress has conspired to get rid of him, so he might as well get rid of them. Shut them down. Take away all their perks, their guards, their security, their staffs, their offices, their phones, close the doors to the Capitol and send them packing. We'd all be better off.

As much as millions of Americans would applaud the actions described in the preceding paragraph, we all know it won't happen. Such raucous behavior and dictatorial actions are reserved for tin-pot, third world, banana republics. But, since congress has set us on a course for third-world status and a fruity future, why not just jump-start the process? If only it were that simple.

Congress will pass horrible bills that serve their intersests - like rehabbing the Kennedy Center, gender studies for Pakistan, graft to other foreign nations - and the president will decide whether to sign them or not, or leave them for his chosen successor to sort out, if such a path is the only one left.

On January 6, Vice President Mike Pence will submit certificates of election from all 50 states from the electoral college to a joint session of congress. However, because the results from some states are still disputed due to widespread irregularities and evidence of manipulation and cheating, seven states have submitted contested certificates: ones for Joe Biden, others for President Trump.

Michigan, Wisconsin, Pennsylvania, Georgia, Arizona, Nevada, and New Mexico have submitted certificates for both candidates, from the governors or secretaries of state and the legislatures, separately. How this plays out is a weighty matter which needs only a few courageous members of congress to object to any states' ballot. Such objection would then trigger debate on the floor and a vote for resolution. The congress could decide for one candidate or neither. If either candidate fails to receive the necessary 270 electoral college votes, the matter would shift to the House and the Congress, where each state's delegation receives one vote, winner take all, the House choosing the president, the senate choosing vice president. It could literally go either way.

With all of that hanging in the balance, the shortened trading week prior to Christmas was rather subdued as concerned stocks and bonds, practically silent for precious metals, as oil gained in price, and Bitcoin went absolutely ballistic before, during and beyond the holy day holiday.

Major US indices were split, with the Dow and NASDAQ gaining, the S&P and NYSE declining, though none significantly, all moving less then one percent in either direction. It was truly a week spent watching and waiting, squaring up or exiting positions and getting out of town for celebratory affairs.

Treasuries were equally unmoved, the short end of the curve stuck to the zero-bound, 10-year and 30-year yields off one and four basis points, to 0.94% and 1.66%, respectively.

Light sweet crude oil fell slightly, whipsawing from the prior Friday (Dec. 18) close of $49.10 per barrel to as low as $47.02, settling out at $48.30. The national average price of gas at the pump was $2.22 as of 12/21, the highest since mid-September. Pressure on oil and gas prices will abate after the holidays, as it almost always does. Demand is low, supply high. Just watch.

Standing out amongst all asset classes was cryptocurrency, specifically, Bitcoin, which has been rallying for months, nearly without exception, as he new money continues to be adopted by consumers and institutional investors alike. Traded continuously without taking breaks for nights, weekends, or holidays, Bitcoin traded in a range above $22,000 and below $24,000 from the 17th to 23rd of December, then accelerated into and post-holiday, breaking above $24,000, $25,000 and eventually, by Sunday morning, above $28,000. Coinbase charts the price as high as $28,387 early Sunday morning beforre backing off into the $27,000 range, making new highs over and over again.

The reserve currency of the crypto universe, as some call it, has been a spectacular performer all of 2020, but just in the past month has rallied from around $16,500 to current record levels.

Gold was static, closing out at $1,883.20, down only slightly from the prior week's close of $1888.90. Likewise, silver was narrowly traded, down pennies, from $26.03 to $25.91.

Finally, here is the survey of most recent prices for commonly-purchased gold and silver items on eBay (numismatics excluded, shipping included):

Item: Low / High / Average / Median

1 oz silver coin: 33.00 / 49.00 / 40.09 / 39.98
1 oz silver bar: 29.87 / 49.95 / 38.05 / 39.00
1 oz gold coin: 1,991.20 / 2,095.00 / 2,032.98 / 2,024.22
1 oz gold bar: 1,904.20 / 2,043.20 / 1,979.75 / 1,980.17

Premiums on gold, and especially on silver, remain extraordinarily high due to supply constraint with some dealers imposing limits on size per month or week. Suppression of the price by bullion banks, naked shorting commercials, and general scurrilous behavior in futures and spot markets continues, but recently has been less ferocious and having shorter effective durations.

Daniela Cambone of Stansberry Research has been conducting interviews with some of the titans of (for lack of a better term) alternative finance, releasing the series on Youtube recently. Together, they constitute some of the best thinking and opinion of the brightest minds outside of the mainstream media, which, by definition, are less conscripted or otherwise compromised.

First, this awesome interview with Max Keiser on the future of bitcoin and the demise of central banks:

And here's Keith Neumeyer espousing the glories of silver:

At the Close, Thursday, December 24, 2020:
Dow: 30,199.87, +70.04 (+0.23%)
NASDAQ: 12,804.73, +33.62 (+0.26%)
S&P 500: 3,703.06, +13.05 (+0.35%)
NYSE: 14,382.50, -16.11 (-0.11%)

For the Week:
Dow: +20.82 (+0.07%)
NASDAQ: +49.10 (+0.38%)
S&P 500: -6.35 (-0.17%)
NYSE: -85.32 (-0.59%)

Wall Street Shrugs Off DC Drama, Mitch McConnell Faces Tough Choice On Trump Curveball

President Trump's apparent distaste for the small size of direct payments to citizens ($600) and the enormous give-aways to states and foreign countries in the package deal congress sent to him on Monday caused some shock waves at the Capitol on Wednesday, prompting House Speaker, Nancy Pelosi, to agree with the president on larger stimulus checks ($2000), while Republicans clearly thought the Trump curveball was a split-fingered fastball, consequently whiffing, and looking bad doing so.

Whether intentional or not, Trump's pitch back at congress put Senate majority leader, Mitch McConnell, in an untenable position. Bear in mind, as a backdrop to the ongoing funding debate, that it was McConnell who, from the Senate floor, recently congratulated Joe Biden on winning the presidency, an outcome vehemently opposed by Trump.

McConnell has warned Republican senators not to challenge the electoral college votes which are to be presented to congress on January 6th, and now he faces a choice of either denying larger stimulus checks to Americans or giving up his long-standing fiscally-conservative position, thereby conceding to both the president and to House and Senate Democrats. No matter which way McConnell leans, he's going to lose stature among colleagues and party loyalists, to be seen as a nothing better than a grand poseur interested only in his political position of power.

Similarly, House minority leader, Kevin McCarthy, faces the same choice with regard to the Republican caucus, but he shot back at Pelosi, suggesting that while Democrats clearly favor larger stimulus checks, they are silent on the various pork expenditures that were pointed out as unacceptable by Trump.

Essentially, only President Trump will eventually come out of this mess looking good, preferring that tax dollars (and largely, borrowed dollars) be spent directly on taxpayers instead of special interests, foreign governments, states, and municipalities.

For its part, congress has once again shown its true self to the American people as 535 people who have little interest in the welfare of American citizens, always opting for political expediency over meaningful legislation.

On Wall Street, the reaction was a resounding "meh," the wizened professional bankrollers viewing the latest escapades of fiscal gerrymandering as business as usual from the political crowd.

Stocks were higher, with the exception of the NASDAQ, which posted a minor loss. Precious metals were, on the main, stagnant, while WTI crude oil prices continued to retract from recent highs above $49 per barrel, resting at $47.77 at Wednesday's close. Long-dated treasuries (10-year to 30-year) remain elevated with the short end flatlining at the zero bound, so, nothing much has changed in this shortened holiday week.

Thursday will be a shortened session for stocks, closing at 1:00 pm ET. Futures are pointing to a relatively flat open, as news flow has not provided anything startling in the macro sense and many traders have already exited for Christmas. After today, there will be only four more full sessions for the year as January 1, 2021 falls on next Friday.

How the politicians will sort out their self-engendered fiscal disaster remains up in the air, though the government will run out of money on December 28 if a continuing resolution is not conclusively agreed upon in congress and signed by the president by then.

What's riding on the dual track COVID relief and continuing resolution is which party will ultimately prevail in the eyes of Americans and whether congress sees fit to play Grinch or Scrooge with skinny stimulus checks or put on Santa Claus gear and spread the wealth to the people.

Happy Holidays!

At the Close, Wednesday, December 23, 2020:
Dow: 30,129.83, +114.32 (+0.38%)
NASDAQ: 12,771.11, -36.80 (-0.29%)
S&P 500: 3,690.01, +2.75 (+0.07%)
NYSE: 14,398.62, +77.28 (+0.54%)

Trump Punches Back On Election, COVID Relief; $600 Is "Not Enough"

Just when the grifters in congress thought it was safe to leave town after passing a $900 billion COVID relief bill attached to a $1.4 trillion omnibus spending bill, President Trump caught most of them wrong-footed, releasing a video overnight indicating that he would not sign off on the legislation in its current form.

Trump, in addition to releasing a 14-minute tirade on election fraud and how the country will not stand for a false Joe Biden victory, claimed congress' measly $600 to most Americans was simply not enough and demanded they return to work and pass a bill that supplies checks for $2,000 to Americans earning less than $75,000 a year.

Now, members of congress will not have the holiday they're so used to, and it's their own fault for delaying passage of not just the COVID relief bill, but stalling on and eventually tying the bill to the government funding legislation. All of this could have been done months ago, but the senators and house members were too preoccupied with politics and getting re-elected, something many of them failed to do.

In normal times, congress would have closed up shop a week before Christmas and not return until after New Year's Day. While they'll likely be back in town and in session on January 2nd, their holiday has been delayed from the planned start date of December 18th, this past Friday.

So, it's on. Trump is not going to back down on his election claims, despite the unrelenting denial by the media that Biden won when the evidence clearly proves Trump won in a landslide. He's also not going to back down on his desire for $2,000 checks to all Americans earning less than $75,000 a year, and $4,000 for married couples. Congress and the media have pushed him too far, to a point at which the election is likely to go to the House and Senate on January 6th, as competing slates of electors have been sent from Wisconsin, Michigan, Arizona, Georgia, Nevada, New Mexico, and Pennsylvania, with one slate for Joe Biden and another for Trump.

The drama coming out of Washington is noteworthy, historic, and demanding of the attention of every citizen. The fate of the nation resides in actions commencing over the coming three weeks.

Wall Street, meanwhile, seems relatively unconcerned over everything. Despite Tuesday's losses on the Dow, S&P and NYSE, the NASDAQ gained ground, as traders erased huge, early losses. The NASDAQ had shed some 43 points by late morning, but suddenly reversed course, as did the other indices. The Dow Industrials, in particular, never got back to unchanged and ended with a 200-point loss.

These gains and losses are just noise. Investors are mostly hanging on the sidelines, not initiating new positions or fleeing to cash or fixed income as the year comes to an end. While the politics may be entertaining and critical to the future, Wall Street sees it as an unnecessary sideshow to making money, which is their sole reason for being.

Even as another 803,000 Americans filed initial unemployment claims last week - as just reported this morning - investors appear calm as cookies, seemingly immune from political unrest and the effects of the scamdemic and the restrictions imposed by governors in most states which have shut down many small businesses and threatens the existence of many more.

Oddly enough, democrat Senate minority leader, Chuck Schumer and house majority leader, Nancy Pelosi, agree with the president on larger stimulus checks. Being a shrewd negotiator, Trump may have congress over the barrel on this one, as they desperately wish to get past the COVID and funding bills, take some time off and get back to their usual wrangling oover non-issues in January, even though it's obvious that congressional actions in January are going to be anything but "business as usual."

The three videos below are essential to understanding what's really at stake in America.

Happy Holidays!

President Trump's White House video outlining election fraud, blaming Democrats and mainstream media:

Senator Rand Paul berates conservatives, Republicans, and all of congress for "monstrosity" spending bill:

Finally, President Trump excoriates congress on COVID relief bill and wasteful spending:

At the Close, Tuesday, December 22, 2020:
Dow: 30,015.51, -200.94 (-0.67%)
NASDAQ: 12,807.92, +65.40 (+0.51%)
S&P 500: 3,687.26, -7.66 (-0.21%)
NYSE: 14,321.34, -57.51 (-0.40%)

Stocks Drop, Then Pop; Global Financial News

Now we're supposed to believe that there's a new, deadlier strain of the coronavirus out there that may or may not be effectively nullified by the new vaccines that are being foisted upon the public.

OK. If you want to believe all of this, you can take the short bus to the bridge I have for sale.

Notice that the new coronavirus strain was found in England, the same country that's been trying to extricate itself form the European Union since the public voted to do so nearly four years ago. How convenient, that as the deadline for a formal exit from the EU approaches, England is cut off from the rest of the continent, stoking fears that the country will run out of food, medical supplies, and other necessities.

It's a crock. By most accounts, there are somewhere between six and 30 strains of coronaviruses extant in the world today and all of them are simple mutations from a main virus. The reason a virus mutates is simple: to spread more readily so that it can survive. It's likely that the new strain is less deadly than the fake strain already causing global panic. Yes, the one that kills about .03% of those infected.

The reality is that this "pandemic" is all due to a virus about as nasty as the common cold for most. It's been used - and continues to be used - as a control mechanism by government, the medical community, and the media. Deaths from Covid are a tiny percentage (about 6%) of the total reported deaths with Covid and all the masking-up, locking down, and fussing over this non-lethal virus has caused more damage than the virus ever will. It's all intended to violate your rights, destroy the global economy, and subjugate the vast populations of the world to the Great Reset planned and promoted by the World Economic Forum (WEF) and its James Bond-type leader, Klaus Schwaub. He's actually written a book about it and it's available on Amazon.

So, Monday, when the news broke that this new strain was running loose in Great Britain, European stocks slumped and US futures fell. But then what happened? When US cash markets opened, sure, they were down, but by the end of the day, the Dow was green and the other indices suffered minor losses. And, on Tuesday, European markets were all higher. Virus hysteria is just another means to redistribute wealth and shares of stock. Weak hands sell, strong hands buy. Nothing mysterious about that at all. It's market manipulation 101.

As far as retaining civil rights and freedom are concerned, Europe is pretty much already a lost cause. Governments long ago took away citizens' rights to bear arms, and their systems are already largely socialistic. America still has time, but it's running short. If Joe Biden is inaugurated on January 20, 2021, it's over. The outcomes are either civil war or total subjugation. The coronavirus has been used to take away rights and freedoms, and it's been employed very successfully by a globalist tyranny.

Bottom line, here are some simple truths about the coronavirus:

It's real, but it's not deadly. Most people who contract it don't even know they have it or have what amounts to a mild dose of the flu.

It's being used by government, media, and the medical community to control people and rake in money.

Masks, lockdowns, and vaccines are ineffective and possibly harmful.

Ivermectin, hydroxychloroquine and other preventive treatments are available and they work, but the medical mafia doesn't want the public availed of them.

The rights of billions of people are being violated, daily.

No links were provided in this article because people need to verify facts for themselves.

BTW: all markets, from stocks, to bonds, to precious metals, oil, commodities, and forex are controlled by big money financial institutions, hedge funds, and central banks. The only "markets" that may be beyond the control of nefarious actors are cryptocurrencies such as Bitcoin, Etherium, and others, though governments are working hard to try to regulate and tax them. So far, they've only been mildly successful.

At the Close, Monday, December 21, 2020:
Dow: 30,216.45, +37.40 (+0.12%)
NASDAQ: 12,742.52, -13.12 (-0.10%)
S&P 500: 3,694.92, -14.49 (-0.39%)
NYSE: 14,378.85, -88.97 (-0.61%)

WEEKEND WRAP: Fed Fail

Sick joke of the week: Congress is close to an agreement on another CV-19 relief bill.

That's it. There have been breakthroughs, "imminent agreement", setbacks, and false starts since congress and the administration began working on a second round of CV-19 in July, or June, or May, or whatever date one wishes to throw out there.

It's not happening. Congress spent the week preening and posturing, as they normally do, right up until the deadline for passing a continuing resolution to keep the farce going came, Friday night, when the House and Senate agreed to fund the government through Sunday. President Trump signed the measure on Saturday.

Well, it's Sunday morning, so, we will all soon find out whether the assemblage of 535 self-absorbed narcissists can make themselves look good by passing some kind of "relief" for American people.

Whatever comes out of congress today, or even Monday or sometime in the future (really, at this point, who knows?) will be a watered-down version of the first big stimulus, the CARES Act, the $3 trillion package approved by congress last Spring. The current proposals are for a bill that would be less than a third of that in size, about $900 billion. If and when such a bill is passed, Americans earning less than $75,000 would receive $600 to $700 each. Couples earning under $150,000 would ostensibly be eligible for one-time checks of $1200-1400, essentially half of the first go-round, so, yes, it's OK to call your congressperson Scrooge, because he/she/it is. They are collectively screwing everybody. Merry Christmas.

About the best thing that can be said about congress in this winter of discontent, is that they've failed miserably. All they've done for the past year is watched the economy and the country sink into a desperate state of affairs, promising to help and supplying false hope. There isn't one person in ten that believes the country would be better of without them at this point.

Dismissing the obvious self-hate that Americans may have for electing this current selection of cretins, the world kept turning and economics didn't take the week off.

Stocks had themselves another week of gains, following the prior week's losses, with all of the indices reporting new record highs, though, with the exception of the NASDAQ, which gained more than three percent for the week, gains were modest. Techs led. Financials were mostly flat, if anybody cares.

Oil prices continued to rise as if there was an imminent economic miracle about to happen, which might be the common thinking in the futures market, now that vaccines for the dreadful non-virus are slowing making their ways to the mainstream of both media and blood vessels. The price of a barrel of WTI crude oil rose every day since closing at $46.57 last Friday (12/11), closing out the week at a ten-month high of $49.08.

That the meteoric rise in the price of oil coincides with the coming Christmas and New Year holidays is no accident. Oil companies have been doing this "expected demand" ritual for years. Oil and gas prices are always highest when the most people are driving, so, even though Americans are being told to stay home, stay safe, don't spread the virus during the holidays, Big Oil can't help themselves from fleecing the public anyhow.

The odd thing about gas prices, is that they go up right away when oil prices rise, even though the gas in their underground tanks was purchases at a lower price, but, they don't come down right away when oil goes down, because they claim they are then selling gas that they purchased at a higher price. It's a classic heads-I-win-tails-you-lose con that's been victimizing the public for decades. Has congress ever done anything about obvious price-fixing? Please stop laughing.

Bond yield were on the rise again last week, with the 10-year and 30-year yields gaining five and seven basis points, to 0.95% and 1.70%, respectively. Shorted-dated maturities remained tethered to the zero-bound, with anything having a duration of one-year or less flat-lining at .08 to .09.

For it's part in the ongoing failure of everything "federal," the Federal Reserve held the last of its FOMC meetings for the year, wrapping up on Wednesday by reiterating its commitment to inflation above two percent and QE infinity in the form of $40 billion a month in mortgage-backed securities and $80 billion a month in treasury purchases.

While it's arguable that the assembled economists at the Fed know exactly what they're doing, there's compelling evidence to the contrary, or at least threat they know what they're doing is wrong, but that doesn't seem to be enough to stop them from doing it. The American experiment was never supposed ot end in collapse, but the Fed seems intent on engineering a giant crack up boom and bust, just as Ludwig von Mises and the rest of the non-Keynesian, Austrian economists postulated. The American experiment may be going down in flames, but the Fed's fiat experiment, closing in on 50 years from the August 1971 closing of the gold window by then-President Richard M. Nixon, is cratering into a black hole, never to return. The dollar has been losing value so fast over the last 12 months, international companies are having a difficult time squaring their books.

Though it's true that all fiat currencies are collapsing at the same time, the dollar has clearly taken the lead, losing significant ground to the euro, yen, and pound. So desperate are the managers of the currency that Treasury labeled Switzerland and Vietnam as currency manipulators, adding that India, Thailand, and Taiwan may also be attempting to devalue their currencies against the dollar. Such risible claims will do nothing to slow the descent of the world's reserve currency - and eventually all other fiat currencies - to its intrinsic value of zero, as short-term bills are already indicating.

Which brings us finally to real money. As more and more individuals and corporates hasten dollar flight, nobody dared miss the incredible rise of Bitcoin over the past week, as it careened through its old high, past $20,000, to as high as $23,711.43, the more than $4,000 gain all happening in the blink of an eye, in less than two days, from early Wednesday morning until midday Thursday. Hedge funds and other investment houses have recently begun singing the praises of crypto=currencies, many of them piling into such as investments in a post-dollar environment.

While Bitcoin was making all the headlines, gold and silver crept higher in one of the best weeks for precious metals in recent days. Gold gained $43 per ounce over the past seven days ending Friday, from $1843.60 to $1886.80 at the close in New York on 12/18. Silver rocketed from $24.09 an ounce to $26.00 over the same expanse. Gains in the metals were not without notice on public exchanges, as premiums remain elevated, as they have been for the better part of a year.

Below are the most recent prices for commonly-traded gold and silver items on eBay (numismatics excluded, shipping - often free, included):

Item: Low / High / Average / Median

1 oz silver coin: 28.00 / 39.99 / 35.19 / 35.58
1 oz silver bar: 29.85 / 37.02 / 34.00 / 34.45
1 oz gold coin: 1,900.00 / 2,075.33 / 2,010.88 / 2,025.49
1 oz gold bar: 1,899.00 / 2,289.95 / 2,001.29 / 1,982.69

Dollar flight is certainly not lost on gold and silver investors. Gains in the precious metals space prompted prices for gold coins and bars to price above $2,000 on average for the first time on a month. Silver average and median prices rose less, signaling that shortages experienced earlier in the year have been resolved. Most online dealers are currently reported most commonly-purchased items in stock, which was not the case in Spring and Summer 2020.

With spot prices for both gold and silver nestled just below their late summer highs the belief that a new surge of buying may be on the horizon has been making the rounds. Given the gains in cryptos and the length of the consolidation phase for the metals, it would make sense for gold and silver to surge to new highs in coming weeks and months, though it is well-known that January and February routinely mark lows for the year in both metals, so another pullback could occur before any meaningful advance takes place.

Finally, this being the final WEEKEND WRAP before Christmas, it's important to be reminded to stand ready for the future, which is always uncertain. In a month's time, Americans may finally see resolution to the ongoing presidential contest, but also, quarterly and 2020 annual reports will be flowing to Wall Street investors. As murky as it may be, one should have a view of the immediate future as well as the longer term. Massive changes are happening in economies and societies around the world, changes that are likely to have profound impact upon how people behave overall, but, importantly, how financial transactions - everything from buying groceries to financing roads and bridges - are conducted.

A new paradigm is emerging and it increasingly appears to be one that will not retain many of the rudimentary characteristics of the old one.

Happy Holidays!

At the Close, Friday, December 18, 2020:e
Dow: 30,179.05, -124.32 (-0.41%)
NASDAQ: 12,755.64, -9.11 (-0.07%)
S&P 500: 3,709.41, -13.07 (-0.35%)
NYSE: 14,467.82, -48.91 (-0.34%)

For the Week:
Dow: +132.68 (+0.44%)
NASDAQ: +377.77 (+3.05%)
S&P 500: +45.95 (+1.25%)
NYSE: +112.53 (+0.78%)

Lamenting Congress and Dollar Flight

As the congress cretins prepare to promise another day's worth of "progress" on the continuing negotiations over the long-awaited COVID-related stimulus or relief package, your average American and intrepid investor (not the same) are getting a little bit tired of hearing the same line touted over and over again as it has been for many months.

There's been so much accumulated progress toward meaningful legislation to dole out money to the plebes and other, more financially-needy institutions that Americans should have already received the dough and spent it by now. Instead, the disinclination by congress to pass along a bit of taxpayer riches to the downtrodden and beleaguered middle and lower castes of folks has caused not a little bit of consternation and dilution of bank balances, credit facilities, piggy banks, and coins found in couch seats.

Millions are lining up at food banks because they can't afford to eat properly, yet the idiotic Democrats and resistant Republicans insist upon hammering out their differences over months of tiresome news bites and plain old incompetence. All of it is making for very bad theater and stressing the economy closer to a breaking point.

Meanwhile, anybody with money or significant assets has been literally heading for the hills, bugging out, getting away from cities and out of harm's way, not so much from CV-19, but from the mass hysteria that has taken place over the past nine months. The number one way to stay safe from pandemics and people is to get out of Dodge, as it were, and number two is to turn off the television and its preaching of utter nonsense, lies, propaganda, and the occasional sporting event (attended by few fans, which is a shame, and unnecessary).

Stocks continue to be purchased with appropriate reckless abandon, as though the binge-buying will never end. Some larger hedge funds and investment houses have opted for crypto-currencies, now that Bitcoin has surged to record levels and looks like an asset - and a currency - that cannot be undermined, manipulated, or controlled by governments or other nefarious folks.

For those with the head for it, Alasdair Macleod's latest offering at goldmoney.com is entitled, The Next Dollar Problem Has Just Arrived, citing flight from dollar-demoninated assets heading straight into stocks, gold, silver, and, especially, cryptocurrencies, like Bitcoin, Etherium, and others.

It's all getting just a little bit too much to bear as most Americans are so weary of the CV-19-related news, dubious government mandates and scare tactics, they've almost forgotten that the presidential election is still being contested and that Joe Biden may actually not have won the November 3rd contest, which, incidentally, was extended b some states counting votes as late as a week or more later.

Congress will almost certainly pass a short-term funding measure on Friday to keep the government operational at least until Tuesday of next week, prompting the obvious question: Is this any way to run a country?

It's not, and the political class should be ashamed of themselves, though we all know they won't be. They think they're doing some kind of public service, delivering a Christmas miracle, like the vaccines that half the country won't take.

It's enough to make one sick. Oh, wait...

At the CLose, Thursday, December 17, 2020:
Dow: 30,303.37, +148.83 (+0.49%)
NASDAQ: 12,764.75, +106.56 (+0.84%)
S&P 500: 3,722.48, +21.31 (+0.58%)
NYSE: 14,516.73, +107.80 (+0.75%)

Congress Fiddles As America Burns; Fed Confirms QE Infinity; Bitcoin Rockets Higher

Legend has it that Roman Emperor Nero "fiddled while Rome burned."

While the story has largely been disproved (or debunked, in today's parlance), primarily because the viol class of instruments wasn't invented until the 11th century and the six-day fire that engulfed Rome occurred in 64 AD. Nero couldn't have been fiddling, but he almost certainly was diddling his lute.

Still, the story has survived the ravages of time, as testimony and warning of the wantonness and indifferent attitudes of kings and queens, monarchs, rulers, and tyrants. Those who hold power rarely embrace the cares of the common folk; more often than not, they labor relentlessly to thwart the will of the people and enslave their subjects.

So it is that humanity has evolved over the eons to reduce the self-centered interests of sociopathic governors and emperors, to spread it around in parliamentary fashion, to a select group of immoral heathens commonly referred to these days as politicians. Instead of one evil monster leading a nation to ruin, there are many charting the path of destruction, willingly unconcerned with the future other than their hold on power.

That's what we have in the US congress today. With few exceptions, congress consists of 100 senators and 435 members of the House of Representatives, a grand and glorious total of 535 "Neros" fiddling madly as the nation - literally and figuratively - burns. As if the looting and arson in cities across America this past summer wasn't enough destructive entertainment for the privileged class, they've continued their tortuous ways by tempting the citizenry with promises of "relief" and "stimulus."

They've played their twisted game since July at least, when Nancy Pelosi, Chuck Schumer and Treasury Secretary Steven Mnuchin held breathless negotiations over a second round of CV-19 relief, promising aid to the unemployed, the aged, families, businesses, and even many of their close friends and supporters.

To date, some six months later, they've produced nothing of the sort, and now, we are learning that there is likely to be further delays past the temporary Friday deadline, because, as we all know, the political class has to approve a spending bill by that date, as funding the continuation of their precious government fiefdom has taken precedence over providing even the smallest comfort to the ordinary citizen.

The New York Times, that beacon of everything suspicious about the marriage of media and government, reports that majority leader Mitch McConnell has told colleagues to plan on remaining in Washington into the weekend, delaying the highly-anticipated departure from their duties for a two-week holiday. Poor babies.

They've had months to put together a bill to help the American people, and yet, they still can't muster the where withall to spend money that they don't have on people they obviously don't respect. A pox on all of them and their houses. Happy Holidays, indeed.

While the feckless misanthropes in the Capitol building were dithering and whining Wednesday, the FOMC of the Federal Reserve (the private central bank that issues non-constitutional currency) ended their final meeting of the year with their usually-brief statement that included the usual boilerplate about inflation targeting at two percent and full employment, along with this gem:

...the Federal Reserve will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage-backed securities by at least $40 billion per month until substantial further progress has been made toward the Committee's maximum employment and price stability goals.

In case one is unfamiliar with the Fed's twisted verbiage, Chairman Jerome Powell and his cohorts plan to continue quantitative easing (QE) - aka money printing - by buying up $80 billion a month in Treasury bills, notes, and bonds, and another $40 billion in mortgage-backed securities (MBS) ...forever, or, at least until such time as the world awakens to their massive counterfeiting scheme and rejects the US dollar as the world's reserve currency or as currency at all.

Such awakening may be already underway, as, on the same day that the congress delayed and the Fed assuaged markets with bounties and pallet-fulls of filthy lucre, the untethered cyrpto-currency known as Bitcoin rocketed to new all-time highs, absolutely screaming past the old level of $19,950, to as high as $23,776.94 overnight, showing no sign of relenting in its ascent.

The blockchain powered alternative currency is now being embraced by the titans of Wall Street. Investment houses and hedge fund managers are buying in as never before, boosting the value of the non-debt-based currency in the face of unrelenting global currency debasement. As long as the Fed and ECB continue their profligate ways, Bitcoin promises to attract more users, more investors, at higher and higher levels.

It's not so much that Bitcoin is rising in value, as the comparative currency, the US dollar, is losing all of its own. Intent on diluting the money supply, the central banks have embarked upon the end-game voyage to the eventual destruction of all fiat currencies, and it's happening with a swiftness toward a crashing upon the shoals of insolvency unseen until these past few days.

Currency destruction, be it by hyper-inflation, imploding deflation, or just plain mismanagement, usually takes years, decades. Well, the Fed's been at it for over 100 years. Since 1913, they've been the sole issuer of the currency that has lost 97% of its purchasing power and is now on a course to eviscerate the final three percent. The Fed has a running start and assistance from the federal government, which, despite their seeming unwillingness to craft bills to waste away the currency, will eventually find a way to blow all of it into a financial black hole.

As the dreadfully Kafkaesque year of 2020 comes crashing to a close, 2021 promises more insanity in financial markets and Mad Max styling for the general society. There will be a banking crisis which will be characterized as a liquidity event but will, in reality, be one of solvency. Some, probably many, banks will fail. The Federal Reserve's balance sheet will enlarge to gargantuan proportions. They've already assured themselves of at least another $1.44 trillion ballooning via their QE measures, and that certainly will not be enough to stem the onslaught of fiat debauchery. They only know how to print and print more. They have no other plan. The end is in sight.

And, just in case anyone was unaware of how badly the economy is failing, another 885,000 people filed initial unemployment claims last week, up from a revised 862,000 during the prior week.

Merry Christmas? Happy Kwanza? C'mon, man, get with the new normal. The new fake president has promised to "Build Back Better," whatever that means. America, and, lest we forget, Europe, with their endless Brexit deliberations that will never be amicably resolved, are circling the economic drain, soon to be flushed.

Huzzah!

At the Close, Wednesday, December 16, 2020:
Dow: 30,154.54, -44.77 (-0.15%)
NASDAQ: 12,658.19, +63.13 (+0.50%)
S&P 500: 3,701.17, +6.55 (+0.18%)
NYSE: 14,408.94, +6.62 (+0.05%)

Stocks Rip Higher; Bitcoin at All-Time High; Gold, Silver On the Move

Getting the most out of scant headlines, stocks managed to take the rollout of the Pfizer vaccine (Monday) and the "progress" in congress toward a COVID-19 relief or stimulus bill (actually, little to no progress) as exceptionally good news, enough to push stocks higher Tuesday after a forgettable prior week which saw all of the major indices in decline.

The good news for investors in equities was that the one-percent-and-change advances put all the averages close to record closing high levels. What may be troubling to some of these stock market perma-bulls is that silver, gold, and Bitcoin - all alternative currencies to the falling US dollar standard and all of which have out-performed all the major averages except the NASDAQ - were also on the move, posting solid gains, poised to go even higher.

After the New York close and overnight, gold, silver and Bitcoin all added to their Tuesday wins as stock futures searched for headlines with which to goose stock futures toward a positive open.

Taking nothing away from the tried and true investing karma of holding bits and pieces of publicly-traded companies, mutual funds, ETFs or even whole index funds, it's valuation and counter-party risk that may eventually chink the armor of traditional investment schemes. P/E ratios of some individual stocks are at what some regard as nose-bleed levels. Simply put, with an economy running on CV-19 vaccine vapors, hope for a smooth transition of power in Washington (good luck with that one!), a masked, stressed, and nutrion-deprived populace, and a media narrative reliant on lies, half-truths and censorship of factual information, investors in just about any asset class have reason enough to be a little bit cautious.

It's not like stocks other than tech companies like Facebook, Apple, Amazon, Google, and companies that have thrived under the lockdown scenario like UPS, Fedex, Target, and Wal-Mart have not performed well in 2020. The concern is that the number of positive stock stories is dwarfed by the cataclysmic collapse of other whole sectors, like airlines, hospitality, retail, and energy, marking the upside rally since the end of summer a thin one, in that a few stocks have benefitted handsomely while the rest of the market has stagnated or fallen apart.

That scenario had been evident in the initial stages of the rally off March lows, but has moderated of late, with most-shorted stocks and riskier issues now picking up the slack in the advance-decline ratios, indicating that the breadth of the rally may be finding a healthy sweet spot. From a broad overview perspective, this looks good, as stocks should during what is usually one of the best months for overall market gains, December, but, as 2020 comes to a close, investors may be thinking about tax implications, though the January Effect (From 1928 through 2018, the S&P 500 rose 62% of the time in January (56 times out of 91)) may provide comfort for the wall-of-worry weary.

From a contrarian - gold bug, silver surfer, or coin hodler - perspective, what the stock market does in relation to the alternatives is paramount. While the NASDAQ has performed admirably, up more than 37% year-to-date, the Dow and S&P are pikers by comparison, up roughly five and 14 percent. Gold (+17%), silver (+33%) and Bitcoin, up a whopping 270% and still rising, appear to be on course to take top honors for 2020.

What the end of the year and 2021 bring for investors is all loaded in Santa's bag, largely dependent on confidence (or lack thereof), geo-political events, and conformity to the "new normal" foisted upon the planet by CV-19 and the "Great Reset" memes.

It's a real grab-bag of assets and asset classes competing over a three or four dimensional chessboard. Not all asset classes can gain or lose at the same time, though this coincidence happens more often than one would normally expect.

And, just like that, at 8:45 am ET, Bitcoin rocketed to a new all-time high at $20,420.00.

Hold onto your hats and buckle up those seatbelts. The final trading days of the year may be the most interesting of all.

Happy Holidays!

At the Close, Tuesday, December 15, 2020:
Dow: 30,199.31, +337.76 (+1.13)
NASDAQ: 12,595.06, +155.02 (+1.25%)
S&P 500: 3,694.62, +47.13 (+1.29%)
NYSE: 14,402.32, +187.39 (+1.32%)

Congress Rushing To Pass Stimulus and Spending Bills and Get Out of Town; Here's Hoping They Don't Return

Both houses of congress plan on leaving the Capitol for a two-week holiday by Friday and the American people should welcome their departure in hopes that they stay away longer. Sadly, both houses plan on being in back in session by January 3rd.

The feckless preeners who believe they actually have a grip on the country's well-being are set to take their annual Christmas and New Year vacation beginning Friday, December 18, though, as usual, they have plenty of unfinished business to complete before than.

First, they need to make sure there's a government to run when they return. Last week, they passed a short-term funding bill to keep the government operating for a week. The money from that measure runs out on Friday, so they're looking at another $1.4 trillion package that would keep the government in business for three or six months or until they need to go to the Fed to borrow more money they can't raise by taxing the citizenry (which, by the way, is largely broke and not in much of a mood to fund more government spending escapades).

Additionally, since they've been wallowing in their own self-adulation for the past six months over getting re-elected (most did, some did not), they've failed spectacularly on coming up with a second huge stimulus bill which was promised in August. Or September. Or October. OK, maybe November. Ah, it's December.

The current status is about the same as it's been for the past six months. They're getting closer. Maybe. While the price tag seems to be pretty much agreed upon at $908 billion, the latest scheme now features two bills, one that includes all the things the bickering sides (House Democrats and Senate Republicans) can agree on and another that features the two main sticking points: the Democrats favored aid to cities and states and the Republican push for a shield against pandemic liability for employers (purportedly only those with 500 or more employees). The smaller measure has a price tag of $160 billion.

The larger, $748 billion proposal, includes a jumbo pot of money for extended unemployment benefits (16 weeks at an additional $300 per week), $300 billion in small business relief, and $16 billion for coronavirus testing and vaccine distribution. The bipartisan bill also provides billions of dollars more in funding for emergency food assistance, education and bailouts for airlines, and money for Amtrak and public transit, which is odd since people have been told not to travel much during the holidays.

Altogether, the two bills throw more money the government doesn't have towards problems they are largely responsible for creating. Americans would likely be better off if the two sides continue bickering and get nothing accomplished (par for the course for the past 40 years), leave town and never return. At first blush, we'd save about $2.4 trillion and not be tortured by inane comments like Dick Durbin's:

"Weeks have passed, hours and hours of Zoom calls and we've reached this point. It feels good, it feels like legislating, it feels like why we were elected."

or, John Cornyn's:

"We’ve got to vote on this thing by Friday and get out of here."

What the latest iteration of stimulus spending leaves out is another round of checks to working class Americans. Neither bill contains a provision for $1200 checks, or $600 checks or even $12 checks. While congress picks winners and losers, they apparently feel justified putting ordinary citizens in the loser column. Well, thanks for showing us all what you really think of the people who vote for you.

Senators Bernie Sanders (I-VT) and Josh Hawley (R-MO) are pushing for $1200 checks to individuals, $2400 to married couples and $500 for each dependent. So too is President Trump, who has voiced a preference for the stimulus checks and could possibly veto any proposal that doesn't include direct spending on individuals. The president tweeted Monday that he would like to see direct checks of $2000.

Members of congress might have the 2/3rds majorities in both houses to override a veto, but nobody is really considering that possibility. After all, the pampered politicians might have to spend another day or two working on the "people's business" which they've neglected for the past six months.

These people seem to like feeling important. Their drama queen status is being furthered by their own deadline, predicated on taking a two-week vacation, the absolute height of haughty, self-indulgent, narcissistic behavior.

There's almost no chance that the assembled idiots won't get a stimulus bill and spending bill done in time to make their flights out of town to spend the holidays with their families while telling the rest of us to keep working until Christmas Eve and through the week before New Year's, and, by the way, don't celebrate with any more than six of your friends and family.

They have no shame, no principles, no integrity.

They've waited and waited and stalled, and posed, and strutted like horny roosters for months, done close to nothing and want everybody to notice their grand accomplishments which include a national debt approaching $27.5 trillion, a wrecked economy, rushed vaccines for a disease that does less harm than the seasonal flu, and most of them on the take from big pharma, big banks, big business in general, and big China.

The American people would largely be better off without them.

At the Close, Monday, December 14, 2020:
Dow: 29,861.55, -184.82 (-0.62%)
NASDAQ: 12,440.04, +62.17 (+0.50%)
S&P 500: 3,647.49, -15.97 (-0.44%)
NYSE: 14,214.93, -140.36 (-0.98%)

WEEKEND WRAP: Bitcoin Up 269.84% in 2020, Followed by NASDAQ (+37.95%), Silver (+32.87)

With Christmas just 12 days away, let's just forget everything bad that the year 2020 has wrought and focus on the good things happening in the United States of America. It's probably a good barometer for much of the rest of the world, as the Us is still the leading economy with one of the highest standards of living.

We're waiting...

More than 99% of the population that started 2020 alive and breathing, still are. The annual number of deaths in the US is right around 2.8 million with a death rate of roughly 850 deaths per 100,000 population. That's less than one percent, meaning that if you were alive on January 1, 2020, chances are very good you still are. With life expectancy in the US in 2020 at 78.93 years, a 0.08% increase from 2019, chances are you'll survive 2021 as well. People under the age of 60 have extraordinarily good odds and they increase the younger you are.

Huzzah!

Unemployment, as measured by the Labor Department, is currently 6.7%, which is probably not very accurate, but, for those enamored of cheery government numbers, it means that more than 93% of the people in the labor force are working and taking home a paycheck.

Yippie!

The price of oil held pretty steady at about $40/barrel of WTI crude, keeping gas prices in much of the United States under $2.00 per gallon, which is great news for anybody who has to drive anywhere, for any reason.

Hoorah!

Inflation has been low for years and was up just slightly in 2020. There are still bargains galore in all manner of consumer products if one knows where to look.

As far as investments are concerned, just about everything is up for 2020.

Here are numbers for the major indices, gold, silver, and bitcoin, and how much a $10,000 investment in each, made on December 31, 2019, would be worth today.

Item: 12/31/19 / 12/13/19 / % +/- / Per $10k

Dow: 28,538.44 / 30,046.37 / +5.28% / $10,528
NASDAQ: 8,972.60 / 12,377.87 / +37.95% / $13,795
S&P 500: 3,230.78 / 3,663.46 / +13.39% / $11,339
NYSE: 13,913.03 / 14,355.29 / +1.03% / $10,103
Gold (oz): 1,574.30 / 1,843.60 / +17.11 / $11,711
Silver (oz): 18.13 / 24.09 / +32.87 / $13,287
Bitcoin (US$): 7,165.62 / 19,335.94 / +269.84 / $36,984

Not a bad showing for some of the major assets, but the trend is clearly towards alternatives, with Bitcoin, silver, and gold holding the #1, #3, and #4 spots out of seven. NASDAQ's 37.95% gain is also a nod toward the future, as that index is loaded with speculative tech issues.

For the week, stocks were uniformly lower, with each of the major indices registering a loss. For the NYSE Composite, the decline broke a streak of five straight weeks on the plus side. The other major averages were up four of the prior five weeks before this week's minor washout.

Treasury yields were lower at the long end, with the 10-year note shedding seven basis points, from 0.97 to 0.90%, and the 30-year bond slipping 10 basis points from 1.73 to 1.63%.

Crude oil remained at an elevated level, with WTI crude advancing slightly, from $46.26 a barrel to $46.56 at Friday's close.

Precious metals were volatile but ended mostly flat, with gold ending the week of December 4 at $1840.00, and this Friday at $1843.60. In between, it hit a high of $1874.90. Silver closed at $24.25 on 12/4, advanced as high as $24.79, closing at $24.09.

Here are the most recent prices for commonly sold gold and silver items on eBay (numismatics excluded, shipping - often free - included):

Item: Low / High / Average / Median
1 oz silver coin: 28.00 / 39.00 / 33.07 / 32.53
1 oz silver bar: 29.95 / 37.50 / 33.94 / 33.65
1 oz gold coin: 1,928.95 / 2,011.14 / 1,972.40 / 1,982.94
1 oz gold bar: 1,935.18 / 1,959.94 / 1,947.09 / 1,946.52

Happy Holidays!

At the Close, Friday, December 11, 2020:
Dow: 30,046.37, +47.11 (+0.16%)
NASDAQ: 12,377.87, -27.94 (-0.23%)
S&P 500: 3,663.46, -4.64 (-0.13%)
NYSE: 14,355.29, -39.05 (-0.27%)

For the Week:
Dow: -171.89 (-0.57%)
NASDAQ: -86.36 (-0.69%)
S&P 500: -4.64 (-0.13%)
NYSE: -62.04 (-0.43%)

Joe Biden, Kamala Harris Time Magazine People of the Year; Markets Befuddled As Texas Lawsuit Proceeds At Supreme Court

Would it not be the irony of all ironies if the freshly-appointed Time magazine People of the Year (POTY), Joe Biden and Kamala Harris turned out not to be president and VP "elect" after all?

It might make the print edition something of a collector's item, notably bestowing a prestigious award on people who never get to see the inside of the White House other than on a tourist pass. It could easily happen that Texas prevails in the Supreme Court, and the presidency is rightfully awarded to President Trump for a second term of office.

On Thursday, six states - Missouri, Arkansas, Louisiana, Mississippi, South Carolina, and Utah - petitioned the court to join the suit as plaintiffs after 18 states filed amicus (friends of the court) briefs supporting the claims that Pennsylvania, Wisconsin, Michigan, and Georgia violated federal election laws and committed fraud in the 2020 presidential election.

Additionally, 106 Republican members of the House of Representatives signed onto another amicus brief in support of the Texas suit which the mainstream media variously is describing as a "long shot," "outrageous last ditch effort," "lame," and other predictably negative characterizations.

The media is "all in" on Joe Biden and Kamala Harris, even though the evidence - hundreds of affidavits and sworn testimony by poll watchers, whistleblowers, statisticians, and campaign workers - points to a concerted effort to defraud the American people, primarily through the use of mail-in ballots which were counted unsupervised, not required to have signature matches, and sometimes pre-printed with Biden as the selection, primarily in Atlanta, Philadelphia, Pittsburgh, Milwaukee, and Detroit, all Democrat strongholds which swung President Trump's commanding leads into defeat after halting their vote counting on the evening of November 3rd.

By November 4th, all of Trump's leads had vanished and Biden was ahead in each of the states named as defendants in the suit. The Supreme Court is hearing the case and has taken responses from the defendant states. A ruling could come at any time, but could possibly be issued over the weekend.

Coincidentally, President Trump will be attending the annual Army-Navy game at West Point, marking the first time the game has been held at either of the service academies since 1943. All of the top military brass will also be in attendance along with thousands of Navy midshipmen and Army cadets. Whether or not the game's location is significant or not will soon be known.

Naming Joe Biden and Kamala Harris as the people of the year is another attempt by the corrupt mainstream media of TV networks, the Washington Post, New York Times, LA Times and other "owned" and controlled news outlets to further their false narrative over how the election was won. Many more than 70 million Americans disagree, believing that the election was stolen.

On that ominous note, markets went into suspended animation on Thursday, vaccillating across the unchanged line in a fairly tight, unconvincing range. It appears as though investors were not pleased with the 853,000 initial unemployment claims filed the previous week and announced Thursday pre-open, the highest number since September.

Stock junkies are also focused on congress' failure to deliver another stimulus bill any time soon, the precarious nature of Brexit negotiations, and mixed signals from the FDA on the vaccine front.

With stocks in Asia and Europe (DAX down 1.5%, EuroStoxx 50 down over one percent) trending lower and US futures in the tank (Dow Futs -187, NASDAQ Futs -84), the set-up for Friday is less-than-encouraging and holiday shopping - being mostly online this season - looks to be a big negative as 2020 draws to a close.

There's no guarantee of anything substantive coming out of the Supreme Court or in the Brexit negotiations within a short time frame, but there's certainty that this week will end with more questions than answers.

At the Close, Thursday, December 11, 2020:
Dow: 29,999.26, -69.55 (-0.23%)
NASDAQ: 12,405.81, +66.86 (+0.54%)
S&P 500: 3,668.10, -4.72 (-0.13%)
NYSE: 14,394.34, +20.26 (+0.14%)

Facebook In Anti-Trust Crosshairs, Tech Stocks Dumped; Initial Jobless Numbers Jump: 853,000

Editor's Note: Near-total burnout from the fake news, real news, fake pandemic, fake election results, consistent badgering by leftists. Sorry for the short post and little commentary. Need some rest.

Another 853,000 Americans filed new unemployment claims last week as the SCAM-demic response crushes the economy.

Facebook faces anti-trust lawsuit. Tech stocks pummeled.

Texas sues Pennsylvania, Michigan, Wisconsin, Georgia in Supreme Court. 18 States file amicus briefs. Defendants response due Thursday, Dec. 10 by 3:00 pm ET.

Hunter Biden the focus of criminal investigation of tax fraud, money laundering, connection to China.

President to attend Army-Navy game at West Point.

It's all related.

At the Close, Wednesday, December 9, 2020:
Dow: 30,068.81, -105.07 (-0.35%)
NASDAQ: 12,338.95, -243.82 (-1.94%)
S&P 500: 3,672.82, -29.43 (-0.79%)
NYSE: 14,374.08, -28.09 (-0.20%)

COVID Vaccines Are Unnecessary; Ivermectin Is A Wonder Drug According to Milwaukee Doctor, Studies

The mainstream media will continue to lie to the American people and the world until people stand up to them and call them out.

They've been pushing the COVID-19 pandemic for 10 months and are now spouting off about the "second wave" rolling through the country. What the media and NIH (National Institutes of Health) do not want people to know is that there are preventive treatments that will render the COVID-19 virus null and void.

At a hearing before the Senate Homeland Security Committee on Tuesday, Dr. Pierre Kory, a respected physician at Aurora St. Luke's Medical Center in Milwaukee, told committee members in no uncertain terms:

"Mountains of data have emerged from many centers and countries around the world, showing the miraculous effectiveness of Ivermection. It basically obliterates transmission of this virus. If you take it, you will not get sick."

The truth cannot be told any more clearly than that. Stop the madness of lockdowns, stay-at-home orders, curfews, and economy-killing resolutions by power-mad governors. There are safe and effective methods of treating and preventing COVID-19 that fall well short of mass vaccination with vaccine medicines that are untested and of which the long-term effects are unknown.

Turn off the mainstream TV news, take off the masks of stupidity and slavery, and free yourself from the tyranny of controlled propaganda.

Who are you going to believe, this front line doctor who actually treats COVID patients and has done the research or the politically compromised Dr. Anthony Fauci who flaunts the use of masks and social distancing (which don't work, obviously) and untested vaccines?

At the Close, Tuesday, December 8, 2020:
Dow: 30,173.88, +104.09 (+0.35%)
NASDAQ: 12,582.77, +62.83 (+0.50%)
S&P 500: 3,702.25, +10.29 (+0.28%)
NYSE: 14,402.17, +47.20 (+0.33%)

Markets Concerned With Lockdowns, Cryptocurrencies, Solvency, Government Funding, Stimulus, NDAA, Election Fraud In Focus

Signs are emerging that something big is about to happen in politics, markets, and society. Things could get very shaky in coming days.

Stocks haven't been able to move productively past recent highs, though the NASDAQ seems to know no bounds. It was up on Monday as the other indices were lower. As the coronavirus hoax continues to spread, according to the fake TV media, many states have imposed or re-imposed lockdowns, stay-at-home orders and other restrictions on movement, congregation and commerce that have the public at-large angry and anxious.

No place is more restrictive than California, where 52 of 58 counties - 99.2% of the state's population - is under the strictest lockdown orders from Governor Newsom, but residents are protesting and some law enforcement agencies are ignoring the orders, choosing not to enforce them. The entire state is being thrown into chaos, more by the restrictions on the population than by the virus. Meanwhile, the state's economy has crumbled, as the rest of the United States is about to collapse along with its most populous state.

The mainstream media continues to harp on breathlessly about the spread of this CV-19 virus that generally only affects people over the age of 60 with other pre-existing medical conditions, but that hasn't stopped them from reiterating the need to lock down certain businesses, wear masks and stay away from each other (social distancing). No economy can exist for long with businesses shut down, doors closed, people out of work, schools closed, and governors acting more like tin-pot dictators than public servants.

In Washington, DC, Democrats and Republicans are desperately trying to piece together a stop-gap spending bill to prevent a government shutdown, just in time for Christmas, right in the middle of a pandemic (Managed to jam two of the media's favorite cliches into one sentence, bravo!).

The current strategy by the assembled morons on Capitol Hill is for a one-week spending bill by Friday, December 11. That would keep the federal government operating until the following Friday, December 18. Nobody should be surprised by the ineptness and dramatic flourish of the elected class. Congress mismanages everything they get their hands on, which is just about everything that matters in public and private lives.

While the House and Senate try to figure out how much money they'll need to get through a week of doing little to nothing of any good, they're also "negotiating" on a COVID relief bill that's been delayed since July. The current $908 billion proposal would provide roughly $300 in extra federal weekly unemployment benefits but not another round of $1,200 stimulus checks. A framework for that package, including $160 billion for state and local governments, was rolled out last week, and legislative text was expected early this week. Prospects for passage are good, but that's a line the American people have heard all too many times.

Without a provision for aid to individuals generally, the relief bill may be dead on arrival. Besides, President Trump has long been opposed to bailing out cities and states, which is a major focus of this bill. He may decide to veto it, along with an expected veto on the proposed National Defense Authorization Act (NDAA).

The House is set to vote on the defense bill Tuesday, and the Senate will likely vote Thursday. The bill has bipartisan support. Legislators are hoping to produce a two-thirds majority on the bill, which would be enough to override a presidential veto. President Trump had threatened to veto the NDAA if it contained a provision to rename military bases and facilities that honor Confederate leaders. The current agreement does.

More recently, Trump said the bill would need to include a repeal Big Tech's Section 230 liability protections. The compromise does not. The administration is on a collision course with the congress over this and other issues.

Elsewhere, the Bank for International Settlements (BIS) was out Monday with a warning that the ongoing global financial crisis is moving from a liquidity stage to a solvency stage, wherein more companies would seek bankruptcy protections and smaller firms would be completely wiped out.

Adding to the noise and confusion is a report on a conference call between G7 finance ministers focused on their growing concerns over the regulation of alternative currencies like Bitcoin and Facebook's recently-renamed Diem stablecoin (formerly "Libra").

Germany’s Finance Minister, Olaf Scholz, noted that regulators “must do everything possible” to make sure the currency monopoly remains in the “hands of states.”

As if that wasn't enough to roil markets, evidence of massive fraud occurring in the 2020 election continues to grow.

---

Is the hammer about to drop on the election "riggers?"

Pay attention to the wording of Executive Order 13848 (see link below), which specifically says the Director of National Intelligence (DNI), which is John Ratcliffe, must deliver a report to the president no later than 45 days after election day. That date would be December 17. Just days ago (December 3), the president was asked if he had confiidence in Attorney General William Barr, to which he answered, "“Ask me that in a number of weeks from now," again indicating that investigations and lawsuits are continuing.

Epoch Times: Director of National Intelligence: Election ‘Issues’ Need to Be Resolved Before Winner Declared

Did President Trump 'Go Nuclear' in 46-Minute Video?
Related: Executive Order 13848

Infowars: Deep State Threat? Gov. Kemp Daughter’s Boyfriend Killed In Fiery, Explosive Wreck

Georgia Video: Ruby Freeman says she needs a lawyer

hereistheevidence.com - Crowdsourcing tool for aggregating publicly available items of evidence that would be admissible in court.

Newsmax: Rudy Guiliani says Georgia, Michigan, Arizona could change electoral college voters

More

Running compendium of fraud charges in 2020 Election - realclearinvestigations.com

Coverage of election irregularities and challenges - Epoch Times

2020 Election Litigation Tracker - SCOTUSblog, Election Law at Ohio State

A Guide to 2020 Election Laws and Lawsuits - ProPublica

At the Close, Monday, December 7, 2020:
Dow: 30,069.79, -148.47 (-0.49%)
NASDAQ: 12,519.95, +55.71 (+0.45%)
S&P 500: 3,691.96, -7.16 (-0.19%)
NYSE: 14,354.97, -62.36 (-0.43%)

WEEKEND WRAP: Stocks, Gold, Silver, Oil Bid; Treasury Yields Spike; Fakery and Fraud Rampant

For equity investors, December began pretty much the same way November ended. Stocks continued to plow ahead into new ground based on hope of vaccines that may or may not be effective in dealing with the fake pandemic virus, CV-19. All of the major indices broke out to new all-time highs by the end of the week.

The massive gains in stocks while the Main Street economy withers and dies is beginning to appear overvalued, to say the least. Mainstream media's propaganda machine continues to hype the number of new cases and flaunt deaths as though almost all are caused by the "hidden killer" while new unemployment claims remain elevated week after week over 700,000, and November's non-farm payroll report was disappointing, with only 245,000 new jobs created, the worst showing since April.

Doug Noland breaks down the week in many words.

Treasuries were sold off as money bled over into stocks, with yields on the 10-year note and 30-year bond approaching levels of a month ago, but prior to that not seen since March. 10-year note yield gained 13 basis points and the 30-year, 16, to 0.97% and 1.73%, respectively, for the week.

Oil continued to be troubling, as WTI crude ended the week at it's high point: $46.09 per barrel. The price gain is largely attributable to OPEC and a group of Russia-led oil producers (aka OPEC+) agreeing to increase output by 500,000 barrels a day next month at their meeting which wrapped up Thursday.

Normally, production increases would cause prices to tumble, but this case was different, as the original plan was for an increase of two million barrels a day, beginning in March. WTI and Brent crude oil prices are up 21% and 22%, respectively, in the past month, but they're still about 25% lower than pre-pandemic levels. In the pretzel logic that is now all things financial, the smaller increase is seen as a positive for oil prices, anticipating stronger demand as vaccines are rolled out and lockdowns expire after the holidays.

Never mind that prices for fuel at the pump are approaching pre-pandemic levels. Nobody is supposed to notice the unique timing of price increases when more people are ignoring the recommendations of the CDC and various state governors, more proof that the economic system currently in play is designed to eviscerate the middle class through Chinese-water-torture-style slow-drip inflation.

Precious metals finally got bid up after weeks of declines. Gold ended last week at $1781.90, bottoming at $1775.70 on Monday to finish up Friday at $1840.00. Silver gained from $22.55 an ounce last Friday to 24.32 on December 4, also hitting a low on Monday at $22.53. The gains are widely being hailed as evidence of the end of the recent consolidation period which has prevailed since new highs were made in August: $29.26 for silver and $2069.40 for gold. Along with cryptocurrencies, with Bitcoin making new all-time highs ($19,870.03 Tuesday, December 1) before backing off slightly, appears to be setting up alternatives to the flailing and failing US dollar and other fiat currencies for significant increases in 2021.

The most recent prices for common gold and silver items on eBay are presented below (numismatics excluded, shipping - often free - included):

Item: Low / High / Average / Median

1 oz silver coin: 27.00 / 45.95 / 34.41 / 33.84
1 oz silver bar: 30.50 / 49.99 / 38.07 / 38.25
1 oz gold coin: 1,925.00 / 1,986.29 / 1,959.41 / 1,953.04
1 oz gold bar: 1,899.95 / 2,065.00 / 1,955.38 / 1,943.68

Useful Educational Links:

Catherine Austin Fitts on what the COVID vaccines really are.

Masks don't work. In fact, they may actually help spread viruses. See here.

Wearing a mask offers no benefit over not wearing a mask.

It's a hoax! In Germany, doctors and lawyers set up a formal German Corona Investigative Committee and they have declared that Covid is simply another flu (CDC data shows 99.9% survival rate for most age groups). German-American lawyer, Dr. Reiner Fuellmich, outlines the scientific fraud in the Covid PCR test, which was not designed for diagnostic purposes (it is a research tool), and the crimes against humanity in the tyrannical governmental response (lockdowns):

"Crimes Against Humanity": The German Corona Investigation.

Summary of some of the findings in "The PCR Pandemic":

It is: The biggest tort case ever and the greatest crime against humanity.

Those responsible must be: Criminally prosecuted for crimes against humanity and sued for civil damages.

Deaths: There is no excess mortality in any country, corona virus mortality equals seasonal flu, and doctors and hospitals worldwide were paid to declare deceased victims of Covid-19.

Autopsies showed: Fatalities almost all caused by serious pre-existing conditions, almost all deaths were very old people. US states with and without lockdowns have comparable disease and mortality.

Tests: Many scientists call this a PCR-test pandemic, not a corona pandemic. Very healthy and non-infectious people may test positive. Likelihood of false positives is 89-94% or near certainty. PCR tests are useless for the detection of infections. A positive PCR test does not mean an infection is present or that an intact virus has been found. Amplification of over 35 cycles is unreliable but WHO recommended 45 cycles.

Illegality: Corona measures have no sufficient factual or legal basis, are unconstitutional and must be repealed immediately. Mainstream media completely failed to report the true facts of the so-called pandemic.

Conspiracy: Politicians and mainstream media deliberately drove populations to panic.

The doctors from the German Corona Investigative Committee also put out a book with their findings, which also includes CDC data: Global Covid Report- There is no deadly pandemic.

Here’s an audio of top Canadian pathologist, Dr. Roger Hodkinson, Chairman of the Royal College of Physicians and Surgeons committee in Ottawa, telling the Canadian government: "There is utterly unfounded public hysteria driven by the media and politicians. It’s outrageous. This is the greatest hoax ever perpetrated on an unsuspected public… It should be thought of as nothing more than a bad flu season. It's politics playing medicine and that's a very dangerous game. There is no action needed. Masks are utterly useless. There is no evidence they are effective whatsoever. Paper masks and fabric masks are simply virtue signaling. It is utterly ridiculous seeing these uneducated people walking around like lemmings obeying without any evidence. Social distancing is also useless. Closures have had terrible consequence and everywhere should be open tomorrow. Positive testing results do NOT indicate clinical infection. It is simply driving public hysteria and ALL testing should STOP. Unless you are presenting to hospital with respiratory problems, it’s just another flu."

Dr. Sucharit Bhakdi, who wrote the book, "Corona: False Alarm?" also says this is a PCR pandemic rather than a true pandemic. "The more tests are performed, the more COVID-19 cases are found during the epidemic. This is the essence of a laboratory-created pandemic." Dr. Bhakdi says, "this virus is no more deadly than a seasonal flu and for people under 70, it is even less deadly than the seasonal flu.

Ex-Pfizer Chief Science Officer, Dr. Michael Yeadon says the second wave was faked with false positives from the PCR test and that the pandemic is over. From his twitter: "Look, I can’t be more direct. We can’t have a lethal pandemic sweeping the land, killing thousands of people & it NOT show up in the total mortality charts…It’s MISDIAGNOSES. Please wake up. It’s not even new. PCR false positive pseudo epidemics exist. We’ve got one. When in a pseudo epidemic everyone thinks it’s a real epidemic. But we don’t have extra deaths The fascinating thing about test related pseudo epidemics is that they vanish as soon as the aberrant test is halted. Nothing else changes because nothing else is happening." He noted this New York Times report as an example of a pseudo epidemic: false epidemic of whooping cough because of false positives from a PCR test.

Dr. Kaufman at Red Pill Expo exposing the Layers of FRAUD.

COVID-19 never isolated & Koch’s postulates not fulfilled.

There is No Covid and There is No Pandemic. There is only Deception and Tyranny.

Even CDC Now Admits No "Gold Standard" of COVID19 Virus Isolation.

The Covid-19 Pandemic, Does It Exist? The Truth is Being Obliterated. The Global Elite’s Campaign Against Humanity.

SARS-Cov-2 virus was never proved to exist: If you can’t prove a virus exists, how do you create a test to detect it? How can you claim the test reveals that people are infected with the virus?

---

Sample letter to send to the Supreme Court on election fraud (cut/paste, insert your credentials):

Your name
Your address
City, State Zip

DATE:___________

The Hon. Chief Justice John G. Roberts
The Supreme Court of the United States
One First Street N.E.
Washington, D.C. 20543

Your Honor:

You already know that numerous odd events of the 2020 Presidential Election are surfacing and taken together suggests our recent election was fraudulent and manipulated via Dominion voting machines. This deeply concerns me as an American citizen who values our Constitutional liberties.

President Trump appears to have uncovered A Worldwide Election FRAUD Issue with Dominion voting machines.

Dominion admits their machines can be connected to the internet. They can be remotely accessed to manipulate vote results and leave no evidence of tampering.

Nadeam Elshami, former chief of staff for Nancy Pelosi is a lobbyist for Dominion. Richard Blum, Senator Dianne Feinstein’s husband, is a major stockholder in Dominion. Even Joe Biden stated on October 24, 2020, "... we have put together ... the most extensive and inclusive voter fraud organization in the history of American politics." These revelations are disturbing to all Americans.

In Pennsylvania, 1.8 million mail-in ballots were sent out, and 2.5 million came back and were counted. This means that 700,000 fraudulent ballots were counted! And this is just one state. How many other states have similar ballot discrepancies? This needs to be investigated.

The constantly surfacing and accumulating fraud issues is compelling evidence for the Supreme Court to consider invalidating the entire election, and put the Electoral College on hold until these serious issues are investigated and resolved. If we cannot conduct free elections honestly, why bother voting at all?

Our freedoms and confidence in our government are now in serious jeopardy.

Supreme Court justices need to speak with one voice to proactively protect these freedoms.

Thank you for doing the right thing for all America. God Bless You and all Supreme Court Justices.

Sincerely,

(sign your name)

(print your name)

---

At the Close, Friday, December 4, 2020:
Dow: 30,218.26, +248.74 (+0.83%)
NASDAQ: 12,464.23, +87.05 (+0.70%)
S&P 500: 3,699.12, +32.40 (+0.88%)
NYSE: 14,417.33, +200.14 (+1.41%)

For the Week:
Dow: +307.49 (+1.03%)
NASDAQ: +258.39 (+2.12%)
S&P 500: +60.77 (+1.67%)
NYSE: +218.83 (+1.54%)