Saturday, September 25, 2021

Market Manias Galore, But Long-Term Interest Rates Smell a Rat

by Wolf Richter, Wolf Street:

These manias and the rising long-term interest rates are on collision course.

Everyone can see what’s going on: speculative manias everywhere. This includes the most worthless delisted stocks of companies that had no activity for years that suddenly surged several hundred percent in hours, driven by pump-and-dump schemes in the social media, before re-collapsing.

Ivory Hecker – FOX Was Manufacturing Stories, Hoping COVID Would be “More Deadly”

from Stew Peters Show:

TRUTH LIVES on at https://sgtreport.tv/

The US Government Is On Track to Top Last Year’s Record-Breaking Deficits

by Ryan McMaken, Mises Institute:

The Treasury department has issued its spending and revenue report for April 2021, and it’s clear the US government is headed toward another record-breaking year for deficits.

According to the report, the US federal government collected $439.2 billion in revenue during April 2021, which was a sizable improvement over April 2020 and over March 2021. Indeed, April 2021’s revenue total was the largest since July of last year when the federal government collected 563.5 billion following several months of delays on tax filing deadlines beyond the usual April 15 deadline. (Not surprisingly, in most years, April tends to be the federal government’s biggest month for tax collections.)

In spite of April’s haul, however, the federal government managed to spend much more than that, with spending topping $664 billion during April. This means the federal government ran a sizable deficit in April of 225.6 billion. This was a middling sum compared to other monthly deficits this fiscal year (which began on October 1), but deficits are adding up fast.

Polls: Americans Disgusted With U.S. Political Machine & Big Tech – Want Third Party & Regulation

by Chris Menahan, Information Liberation:

The system is experiencing an unprecedented legitimacy crisis and Big Tech is paying dearly for its embrace of mass censorship, a multitude of polls released over the past two weeks reveal.

From Gallup, “U.S. Satisfaction Sinks With Many Aspects of Public Life”:

Not only is average public satisfaction with the broad contours of the country at an extreme low today, but Americans’ satisfaction with each element of the index is at or near its lowest since 2001. This reflects declines of seven to 17 percentage points in the past year.

FED HEADS LOSE THEIR HEAD

by Egon Von Greyerz, Gold Switzerland:

“Read my lips: No New Taxes” Bush Sr said in his acceptance speech for his nomination in 1988 when he promised no tax rises. As most politicians, he didn’t keep his word. In the 1992 campaign Clinton made a devastating attack on Bush’s pledge and the rest is history.

The simple rule is: Don’t listen to WHAT people say, but HOW they say it. Already 50 years ago the Mehrabian model concluded that words only convey 7% of a message, body language accounts for 55% and tone of voice delivers 38%. That is why you should never focus on the words of a speaker since they are the least important.

Russia Has Moved Missiles That Can Carry Nuclear Warheads Into The Conflict Zone With Ukraine

by Michael Snyder, The Economic Collapse Blog:

How close can Russia and Ukraine come to war without actually going over the precipice?  Over the weekend, more forces on both sides continued to pour into the conflict zone.  And on the line of separation in eastern Ukraine, there are regular reports of gunfire and shelling.  At this point, there are no negotiations on the horizon, and one false move could easily spark an all-out war.  In fact, a Kremlin spokesperson is warning that we could soon see “full-scale combat operations”

RIOTING CONTINUES IN MAJOR BLUE STATE CITIES ON FRIDAY-SUNDAY

by Harvey Organ, Harvey Organ Blog:

YOUR TYPICAL RAID DAY FOR GOLD AND SILVER: GOLD DOWN $9.25 TO $1770.25//SILVER DOWN 31 CENTS TO $25.76//STRONG ADVANCE IN GOLD TONNAGE STANDING AT THE COMEX TO: 90.08 TONNES/SILVER OZ REMAIN CONSTANT AT 14.885 MILLION OZ//CORONAVIRUS UPDATES/VACCINE UPDATES//RUSSIA VS UKRAINE// RUSSIA VS USA//CHINA VS JAPAN RE TAIWAN AND THE SOUTH CHINA SEA ISLANDS//IRAN OBTAINS 60% URANIUM ENRICHMENT//BRANDON SMITH A GOOD READ ON GLOBALIST STRATEGY//ST VINCENT UPDATE//RIOTING CONTINUES IN MAJOR BLUE STATE CITIES ON FRIDAY-SUNDAY//BORDER CRISIS CONTINUES AND BIDEN HIMSELF DECLARES THE BORDER AFFAIRS AS A CRISIS//SWAMP STORIES FOR YOU TONIGHT

Why The Chinese Communist Party Has Decided To REWRITE THE BIBLE | Guest Boris Epshteyn | Ep. 148

from Rudy Giuliani’s Common Sense:

TRUTH LIVES on at https://sgtreport.tv/

Power Outside The Matrix: Cult of the Reality Builders

by Jon Rappoport, No More Fake News:

The cult of the reality builders has been alive and well since the beginning of history on planet Earth.

The cult takes on different forms, but the objective has always been the same: create a central image that conveys basic concepts of existence.

During my 30 years as a reporter covering “the news behind the news,” I’ve seen countless instances in which the matrix shows up, swims into view.

The matrix, the central image, is a lie. But not just any lie.

Australian lockdown hell continues: Millions of Queenslanders are ordered to stay home as new cases erupt at state school – with Sydney facing five more weeks of tough restrictions

by Charlotte Mitchell, Daily Mail:

  • Queensland’s lockdown has been extended until 4pm next Sunday as cases rise 
  • The move came as 13 new cases were announced on Monday morning
  • All the cases are linked to the Ironside State School, seven are among students
  • In Sydney, Premier Gladys Berejiklian said a ramped up vaccination campaign could see the city’s gruelling lockdown lifted as soon as September
  • The city has been in a gruelling lockdown for six weeks, with NSW recording 239 locally acquired cases on Sunday

Binance Enters Popular Venezuelan Dollar Indexes as Currency Plunges 10% in One Week

by Sergio Goschenko, Bitcoin:

Binance, the leading P2P exchange in Venezuela, is now present in several popular dollar indexes in the country. The price of USDT on Binance’s P2P platform is now used to calculate the average price of the dollar with other P2P and electronic markets. The Venezuelan currency, the Bolivar, took a plunge last week losing 10% against the dollar as the government considers a currency redenomination.