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%)
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