Will Hump Day (Wednesday) Morph Into Dump Day or Trump Day (Thursday)?

Taking a step out into the void:

In numerological terms, Wednesday, December 2, 2020 reduces to 9.
12/2/2020 1+2+2+2+2=9

So, Thursday, December 3, 2020 will reduced to a 1.
12/03/2020, 1+2+3+2+2=10, or 1.

What's the point of conjuring up numerology at this juncture? Well, it's probably as good as any other theory or set of data one wishes to throw around to explain the workings of the universe, the stock market, human behavior, or any future event. In this case, numerology is only being tasked with predicting the difference in investor preference from one day to the next.

Some people use charts, others, tea leaves, crystal balls, modeling, polls (after the last two presidential elections, we know how inaccurate those can be), computer algorithms, huge data sets, star charts, coin flipping and other devices to predict future events. None of them are foolproof. Most of them fail most of the time. The future rests largely on a roll of the dice, a flip of a coin. Nothing subject to human interaction is ever 100%.

Numerologists regard the Number 9 to represent great mental and spiritual realizations. It is the number of the initiation, because it marks the end of a phase of spiritual development and the beginning of another higher stage, as shown above, the next number being 10, or, in numerological applications, the number one, 1.

This is probably a good place to point out that numerology may not be as crackpot methodology as some may think it is. The practice of using numerological charting was developed by Pythagoras, the same mathemtician who gave the world the famous and useful Pythagorean Theorum and many other discoveries in the world of mathematics.

As far as Wednesday is concerned, markets appeared dull. Stocks barely budged, as if coming to the end of a sequence of events. Precious metals moved slightly. Gold was up $15. Silver gained seven cents. Even Bitcoin and other cryptocurrencies mostly just bumped along.

But, after markets had closed, here cam President Trump, outlining, in a 46-minute video, some of the extensive evidence of election fraud that had taken place before, during, and after November 3rd. Calling it possibly the "most important speech I’ve ever made,” the president laid out his case to overturn the results that the media has been clinging to, that Joe Biden - a candidate with obvious mental health issues who barely campaigned at all - somehow beat President Trump, and did so by amassing more votes than any other presidential candidate in history.

The evidence the president presented is compelling. The sources gave testimony or provided affidavits under penalty of perjury, so they should be regarded as truthful and honest.

The full video is presented below.

The obviousness of the fraud is plain to see. Getting a court to look into the hard evidence that Rudy Giuliani and his team has uncovered has been difficult, though progress is being made. Getting the mainstream media to report facts honestly has become next to impossible.

So, did the president's actions amount to a "changing" as Wednesday slipped over to Thursday, and nine became one? We may never know, but, there may be indications that the "one" has arrived.

Unlikeness, independence, and unity are the meanings of the number 1 in numerology. People with this number have great leadership abilities, are independent and individualistic. That seems to fit Trump nicely. Nobody can attest that he's not unique, different, bold. And his speech Wednesday night may lead directly into the promise of a new cycle of truth as he tries to unite the country.

We shall see.

As for stocks, bonds, gold, cryptos, and other financial instruments, they can't be much more moribund than they were on Wednesday, so Thursday may well indeed be the beginning of a new investing epoch. It wouldn't be a surprise. The year is closing quickly. Investors are making decisions whether to buy, sell, hold, for tax purposes and year-end reporting.

One need not get carried away with predictions and prognostications of future events. It's easier to live in the present and let the past be a guide. Considering the madness that the year 2020 has brought, however, it may be advisable to accept any help that is offered to see though to 2021.

Quote for today: "If you don’t value your time, neither will others. Stop giving away your time and talents. Value what you know & start charging for it." -- Kim Garst

At the Close, Wednesday, December 2, 2020:
Dow: 29,883.79, +59.87 (+0.20%)
NASDAQ: 12,349.37, -5.74 (-0.05%)
S&P 500: 3,669.01, +6.56 (+0.18%)
NYSE: 14,188.24, +41.60 (+0.29%)

CORRECTION: Bill Gates to appear on NBC Today Show Thursday, 12/03/2020

Yesterday, Money Daily stated that Bill Gates, founder of Microsoft and proponent of "vaccines for everybody" was to appear on the NBC "Today" show.

That was, unfortunately, in error. We believe Mr. Gates was scheduled to appear, but was somehow bumped or delayed.

He will be - as promoted by NBC itself - appearing on the "Today" show today, Thursday, December 3, 2020. The "Today" show airs every weekday, beginning at 7:00 am ET.

Money Daily regrets the error.

Stocks Bounce, Gold, Silver Gain, Bitcoin Volatile; Asset Classes Lesson One: Determining Asset Classes

Some of the prime axioms of the investing world include:

"If you don't hold it, you don't own it." -- applies to gold, silver, or physical assets

"Renting is throwing money away." - applies to housing, real estate

"A penny saved is a penny earned." - Ben Franklin

By the way, on that last famous quote by one of America's great Founding Fathers, Ben Franklin also said, "An investment in knowledge pays the best interest," which is a timeless thought.

There are more, as illustrated here, and here, the point being that while there may possibly not be any endless truths, there are some adages that pass the test of time with flying colors.

Why is this important? Could it possibly be because living today is measured in nanoseconds, the value of human life has been so greatly diminished, currency masquerades as money, or everything seems to be measured in terms of wealth? Probably all of those and more.

Young and old alike have lost respect for things that matter most. Good manners, pfft. Morals, see ya. Concepts like integrity, honesty, reliability, respect, and dignity seem to have vanished from our modern lexicon. Coolness is valued over intelligence. What we own, owns us. Our media has failed us. Government has betrayed us. Institutions of higher eduction have impoverished us.

As the world slides ever closer to totalitarian tyranny with every passing day, there are resistors and skeptics, those who seek to avoid the path of hate and derision, of a world ruled by the loudest voice, the most devious mind. Some people - and there are a lot of them - just want to be left alone. They don't want everything they do, or say, or touch, to be a political statement. They wish to live on equal terms with their neighbors, in peace, harmony, and shared values. Call them old-fashioned or stuck in the mud. They just happen to like things the way they used to be, and one can hardly blame them.

Whether those who resist will be dragged into the present or the uncertain future remains a speculation. What matters is how well one is able to navigate today, tomorrow and beyond in a world that seems to be spinning out of control, and to do that, one has to have priorities, assets that will retain value, and investments which will grow, provide income and stability.

In this series of articles over the coming days and weeks, Money Daily seeks to explore and examine the various asset classes, identify some new ones, and suggest which will work best in the so-called "New Normal." As a basic premise, the idea that owning stocks or bonds or real estate or any single asset class is thrown out the window. A mix of not just stocks, which Wall Street insists is the only game in town, but of a variety of asset classes is the key to survival and prosperity, as it has likely been for eons.

Let's start with a look at what are the major asset classes, just by enumerating them, bearing in mind that not all assets are financial assets, but all assets have value, and owning a rich mix of asset classes is key to wealth, happiness, and hopefully, prosperity. (Bear in mind that your financial advisor or "investment professional" isn't going to cover even half of this list, which is entirely the product of years of research, study, and investing by Money Daily publisher and editor, Rick Gagliano.)

In no particular order, asset classes are as follows:

Cash (currency in circulation)

Cash equivalents

Precious metals

Alternate currencies (cryptos, such as Bitcoin)

Stocks (equities)

Bonds (fixed income)

Derivatives: Futures, Options, Mutual Funds, ETFs, etc.

Commodities

Real Estate

Income-producing machinery

Business investments

Art

Collectibles and Rarities

Transportation

Energy

Security

Time

Food

Water

Community

Goods and Services for Barter

Household necessities

Intellectual property

Marketable, Tradable skills

...and a few more that are either not yet definable or discovered.

This is by no means a complete list, though it is fairly exhaustive. There's more to the world of which we know and don't know to discover. The best assets may not even be on anyone's list as they've yet to be discovered. Keeping an open mind that's attuned to discovery and innovation is a paramount tenet of any investor's skill set.

Let us leave it right there for now. More details will follow in upcoming chapters.

Here's a couple more quotes for the day:

Rich people have small TVs and big libraries, and poor people have small libraries and big TVs. -- Zig Ziglar (If you don't know who Zig Ziglar was, you've missed out on much. Here's a taste...)

Never spend your money before you have it. -- Thomas Jefferson (It is not surprising that Jefferson was greatly opposed to the concept of a central bank.)

• • • • • • • •

Tuesday's trading day might best be defined as cautiously speculative. Monday's selloff in stocks and precious metals was met with pre-market confidence in futures which carried over into the equity cash session. Stocks were up sharply at the open, stayed afloat, but lost ground early, especially after a group of "moderate" Republicans and Democrats released the contents of a fresh COVID stimulus bill that was poorly crafted, politically inspired, pandering to special interests and out of touch with economic realities.

The Dow, which had rallied more than 400 points in early trading, eventually gave back more than half of those gains by the closing bell. The promise of close to a trillion dollars ($908 billion), sponsored by Joe Manchin (D-WV), Mark Warner (D-VA), as well as Bill Cassidy (R-LA), Mitt Romney (R-UT) and Susan Collins (R-ME), and Lisa Murkowski (R-AK) missed the mark badly in Wall Street terms.

The bulk of the money went to mostly non-Covid-related issues. $160 billion was earmarked for aid to state and local governments, $82 billion for education funding, $45 billion for transportation agencies (AMTRAK). A $300 weekly unemployment boost was included, but the bill left out another round of checks to Americans, an enormous failing.

Treasury yields exploded higher as money fled fixed income. Yields on the 10-year note and 30-year bond rose eight basis points, to 0.92% and 1.66%, respectively.

Gold and silver rallied sharply and held onto gains after weeks of relentless price-crushing attacks in futures markets. Bitcoin and other cryptocurrencies gyrated wildly, but continued a sustained long-term rally.

Fake News Viewing note: Vaccine pusher, Bill Gates, is scheduled to appear on NBC's "Today" show, 7:00 am ET.

At the Close, Tuesday, December 1, 2020:
Dow: 29,823.92, +185.32 (+0.63%)
NASDAQ: 12,355.11, +156.41 (+1.28%)
S&P 500: 3,662.45, +40.82 (+1.13%)
NYSE: 14,146.64, +140.14 (+1.00%)

How Long Can This Continue? America, Europe On Brink of Disaster

It's December 1st, roughly 10 months since the dreaded China virus began to spread throughout Wuhan province in China, eventually making its way around the world.

America and Europe have been dealing with the virus since March, and so far, there hasn't been any progress, except for globalists who seek to destroy Western economies. They've actually done quite well, forcing lockdowns on citizens and mask-wearing by hundreds of millions deluded by false claims and over-the-top media coverage and government interventions.

CV-19, which has been proven to be about as deadly as the ordinary seasonal flu - and maybe even less so - has been employed to bludgeon small business and individuals into submission, bankruptcy, even death. The media lies are one-sided and cover up the truth: PCR Tests Are Proven to Result in False Positives 97% of the Time.

In the United States, evidence of fraud continues to proliferate, even as social media censors the news, and the mainstream media continues its false narrative of "President-Elect" Biden and Trump's team losing every case in every court. At some point, it becomes obvious that not only was a massive fraud perpetrated against the American public, but state legislatures, secretaries of state, and governors are actively covering it up, sending electors for Biden to Washington, DC, to be certified within days.

The entire populations of Europe and the United States are at a breaking point and little is being done to prevent further crushing of local economies and elevation to the highest elected position in the country of a known influence-peddler, grifter, thief, via a stolen election.

But, stocks keep racing higher, gold and silver beaten down on a regular, daily basis.

Morgan Stanley issues upgrades and downgrades to bank stocks.

The world is perilously close to a breaking point. It's difficult to comprehend how quickly individual rights have been stripped away and how close most of the developed world is to totalitarian overthrow.

Big government is in bed with big media, big business, big pharma. Do they not realize that by purposely draining all resources from the public they will eventually find nothing left to feed upon?

There's probably less than two to three months before the entire planet is in the throes of an economic and social catastrophe that will make the Great Depression seem quaint and mild by comparison.

At the Close, Monday, November 30, 2020:
Dow: 29,638.64, -271.73 (-0.91%)
NASDAQ: 12,198.74, -7.11 (-0.06%)
S&P 500: 3,621.63, -16.72 (-0.46%)
NYSE: 14,006.46, -192.03 (-1.35%)

WEEKEND WRAP: Stocks, Gold, Silver, Bitcoin, Oil Prices, Elections Show Globalists In Complete Control

If the week just past taught us anything, it is that Americans have no control over their own lives, or, at least they're not supposed to, according to the assembled DC bureaucrats, mindful media and the medical establishment.

Dr. Anthony Fauci, point man for the CV-19 propaganda campaign, warned Americans about traveling over the Thanksgiving holiday, and fretted - along with anchors and reporters on mainstream media TV outlets - that people ignoring his warnings were likely to make the entire holiday season - Christmas and New Year's - worse in terms of his fake CV-19 "scamdemic."

Stocks had another solid week, with the Dow Industrials, S&P 500, NASDAQ, and NYSE Composite all making new all-time highs, even if interrupted by time off for the "little people," but oil prices were up more than 10 percent, raising gas at the pump, and anything that might offer relief from the tyranny of fiat money, specifically, gold, silver, Bitcoin and other cryptocurrencies, were beaten down like disobedient dogs.

On top of all that, the media continued to shield the public from the truth about the 2020 elections. They were rigged for Joe Biden, as any thinking person who bothers to do a little research can easily ascertain. Making worse in that regard is the corruption of judges at state and federal district levels, who have uniformly ruled in favor of the election cheating perpetrators, denying justice for the people of various states.

Basically, this was a week in which the elitists flexed their muscles a little and showed the world who's really in charge. It's sickening because the world is witnessing the end of democracy as a principal form of governance, as it's being replaced by totalitarian political control which answers only to itself.

Such is the state of the world as 2020 - one of the most regrettably ugly years in the pantheon of human history - lurches into its final month.

Breaking into the details for the week, the recent raises in treasury yields on the long end were tamped down a bit on Friday after rising earlier. At Friday's close of business, the 10-year note yielded 0.84%, the 30-year, 1.57, up one and four basis points, respectively. The short end remained at the zero-bound.

WTI crude oil rose from $42.42 to $45.52 over the course of the week. The rise in oil prices synchronizes nicely with colder weather and holiday travel. Since October 30, the price has risen from 35.79 to it's current level, a gain of 27.2%, which is simply stunning, considering the timing and exigent circumstances from CV-19 with closures, lockdowns and travel warnings.

Cryptocurrency was the most damaged asset class, with Bitcoin getting pounded on fears of government regulation or, more likely, distribution by "whales" cashing in on the recent rise which had the coin less than $10 short of its 2017 all-time high. From early Wednesday morning through early Friday, the price of Bitcoin in US$ fell from 19,500 to a low of 16,490, suffering a 15.4% drop.

Gold and silver, as mentioned above, were simply destroyed as futures traders took down the precious metals as though they were indeed ancient relics of a world forgotten. Gold's decline from $1,872.40 an ounce to its close on Friday at a disturbing $1,783.10 was a 4.8% slap. Showing the ultimate central bank disdain for the metal of gentlemen, silver fell from $24.36 to $22.68 on the week, a drop of 6.9%, leaving the gold:silver ratio at 78.62.

Prices for the metals are well below their summer highs. Gold has zoomed past $2,000 an ounce while silver was testing 8-year highs just short of $30 per ounce.

As is customary, here are the most recent prices for common gold and silver items sold on eBay (numismatics excluded, shipping - often free - included):

Item: Low / High / Average / Median

1 oz silver coin: 28.90 / 49.00 / 36.62 / 36.10
1 oz silver bar: 29.18 / 49.95 / 37.16 / 36.95
1 oz gold coin: 1,853.00 / 1,993.68 / 1,905.17 / 1,897.62
1 oz gold bar: 1,853.00 / 1,900.98 / 1,883.39 / 1,890.24

Happy Holidays!

At the Close, Friday, November 27, 2020:
Dow: 29,910.37, +37.90 (+0.13%)
NASDAQ: 12,205.85, +111.44 (+0.92%)
S&P 500: 3,638.35, +8.70 (+0.24%)
NYSE: 14,198.50, +6.91 (+0.05%)

For the Week:
Dow: +646.81 (+2.29%)
NASDAQ: +350.88 (+2.96%)
S&P 500: +80.81 (+2.27%)
NYSE: +371.60 (+2.59%)