from GoldSilver Pros:
TRUTH LIVES on at https://sgtreport.tv/
by Joe Hoft, The Gateway Pundit:
A group in Wisconsin that goes by the name of Wisconsin HOT (Honest Open and Transparent) released a telegram where they ask Wisconsin election officials why over 23,ooo individuals in Wisconsin’s voter roles have the same phone number? Here is their note.
Attn: Meagan Wolfe of The Wisconsin Election Commission
by Alasdair Macleod, GoldMoney:
Following America’s withdrawal from Afghanistan, her focus has switched to the Pacific with the establishment of a joint Australian and UK naval partnership.
The founder of modern geopolitical theory, Halford Mackinder, had something to say about this in his last paper, written for the Council on Foreign Relations in 1943. Mackinder anticipated this development, though the actors and their roles at that time were different. In particular, he foresaw the economic emergence of China and India and the importance of the Pacific region.
by Chris Powell, Gold Seek:
The U.S. dollar index, our friend Dave Kranzler of Investment Research Dynamics writes today, “is back to where it was right before Federal Reserve Chairman Jerome Powell’s press conference yesterday. When Powell said ‘maybe in November we’ll have a taper schedule,’ the dollar shot up and paper gold was slammed. With the dollar back down to its pre-presser level today, gold is still down $36.”
Indeed, yesterday the Fed essentially said that it isn’t “tapering” its bond purchases yet, though it might (or might not) do so soon, nor is it raising interest rates, though it might (or might not) do so some time next year.
That is, the Fed offered only a lot of temporizing for the umpteeth time.
China expanded its escalating crackdown on cryptocurrencies on Friday when its central bank declared that all activities related to digital coins are “illegal” and must be banned.
In a statement the People’s Bank of China said the latest notice was to further prevent the risks surrounding crypto trading and to maintain national security and social stability.
by Wolf Richter, Wolf Street:
The Fed is getting nervous about inflation. “Temporary” doesn’t cut it anymore. And the bond market is getting a whiff of it.
The 10-year Treasury yield jumped 11 basis points today to 1.43% at the moment, the highest since early July, and the biggest jump since February. Apparently, it sank in today what the Fed had said yesterday afternoon. It placed the beginning of the Big Taper into November to be done with by mid-2022, which would then pave the way for rate hikes. Fed officials keep moving the first rate hike closer and closer. And they expressed their nervousness about the red-hot “temporary” inflation lasting a disturbingly long time.
by Matt Margolis, PJ Media:
A new report from the National Alliance for Public Charter Schools shows what a great advertisement American Federation of Teachers (AFT) President Randi Weingarten and her more radical members provided for school choice. After more than a year of school closures, Zoom classes, and battles over critical race theory, parents are increasingly taking their children out of public schools. The study looked at enrollment shifts between the 2019-2020 and 2020-2021 school years.
by Paul Joseph Watson, Summit News:
Two tier society that punishes the unvaccinated could remain in place forever.
The CEO of pharmaceutical giant Moderna says that even younger people will have to get vaccine booster shots at least once every three years, meaning that a two-tier society which punishes the unvaccinated could remain in place indefinitely.
According to Stephane Bancel, the pandemic will continue for at least another year, at which point there will be enough vaccine doses “so that everyone on this Earth can be vaccinated.”
by Philip Giraldi, Strategic Culture:
Attempts to delegitimize President Putin by making him an international poisoner is tragedy elevated by its absurdity to the level of farce.
It seems that ever since Hillary Clinton lost to Donald Trump in the U.S. presidential election of 2016 the western media and numerous politicians have been working especially hard to convince the world that the Russian government is little better than a modern version of Josef Stalin’s USSR. Part of the effort can be attributed to the Democratic Party’s desire to blame someone other than the unattractive candidate Hillary for the defeat, but there is also something more primitive operating behind the scenes, something like a desire to return to a bipolar world in which one knew one’s enemies and one’s friends.
With Democrats in Washington pushing for a $3.5 trillion ‘social infrastructure’ stimulus package and Speaker Pelosi perhaps hinting at the removal of the debt ceiling altogether for the US, it is perhaps no surprise that some are ‘worried’ that the idea of consequences is absent from any discussions.
Pelosi called the debt ceiling vote a “tradition,” adding that there is some back and forth about whether they need to do it, before she dropped this bombshell: “There’s some doubt as to whether that should be the case.”
Well no debt ceiling would certainly enable MMT – as long as The Fed can keep monetizing that malarkey – and perhaps that’s why USA sovereign risk is spiking…