“This barely scratches the surface. There will be a short squeeze that makes market history!”
Silver: The Unsung Hero Of The New Economy
Silver demand continues to surge, driven by technologies like solar power and AI.
In 2023 alone, the silver market experienced a 15% supply deficit. Furthermore, the market is expected to reach a cumulative deficit of 1,093.4 million ounces from 2020 to 2024.
Social Security Facing $63 Trillion in Unfunded Liabilities
Social Security is facing $63 trillion in long-term unfunded liabilities, according to the 2024 Old-Age, Survivors, Disability Insurance (OASDI) trustees report.
The report looked at two things: how much money will be missing indefinitely and how much will be missing in the next 75 years. The report determined that there will be a permanent $62.8 trillion deficit and about a $23 trillion shortage for the next 75 years.
Officials explained that these numbers show how much less money they will have after the money saved up in trust funds runs out.
“2,000 plants? How about the COVID vaccine, what “inspection” was done with these?”
Nearly 2,000 drug plants are overdue for FDA checks after COVID delays, AP finds
WASHINGTON (AP) — Federal regulators responsible for the safety of the U.S. drug supply are still struggling to get back to where they were in 2019, before the COVID-19 pandemic upended factory inspections in the U.S. and across the world, The Associated Press has found.
An AP analysis of Food and Drug Administration data shows that agency staffers have not returned to roughly 2,000 pharmaceutical manufacturing firms to conduct surveillance inspections since before the pandemic, raising the risks of contamination and other issues in drugs used by millions of Americans.
World Economic Forum Finally Tells the Truth About Covid: It Was a ‘Test’ of Our Obedience to Rapidly Forming New World Order
They wanted to know how many people would comply with a complete re-ordering of their lives based on no science at all, just random orders, some of which bordered on absurdity.
I have long said that Covid 19 was launched by design by a small number of people in the globalist predator class for one reason and one reason only — as a beta test for the coming technocratic new world order.
Now, we’ve got the World Economic Forum coming out and all but admitting that was exactly why the Covid-19 “pandemic” had to happen.
Fed Must Decide If Quarter-Point Cut Will Be Enough for Workers
(Bloomberg) — The Federal Reserve is set to begin unwinding its tightening campaign this month as inflation cools and the labor market slows. The big question policymakers now face is whether a small interest-rate cut will be enough to keep the economy in expansion mode.
The monthly jobs report Friday showed the pace of hiring in the US moderated over the last three months to the slowest since the onset of the pandemic in 2020. Even so, the numbers left investors skeptical as to whether Fed officials would opt for an outsize rate cut at their Sept. 17-18 meeting.
The release sets the table for a heated debate between those like Fed Chair Jerome Powell, who is open to a larger cut to ensure the central bank doesn’t fall behind the curve, and other officials who “are still waffling on a quarter point,” according to Diane Swonk, chief economist at KPMG.
In “The @joerogan Experience" podcast, Elon Musk said “In my opinion, he (George Soros) fundamentally hates humanity."
“He’s doing things that erode the fabric of civilization, getting DAs elected who refuse to prosecute crime. That’s part of the problem in San Francisco and LA… https://t.co/Gw8rx5kTXwpic.twitter.com/KKGYsqxxUd
“Those paying taxes are losing their jobs to illegals?”
1.3 MILLION Native-Born Americans Lost Their Jobs Under Biden-Harris in August.
An estimated 1.3 million native-born American workers lost their jobs in August, according to the latest jobsreport from the Bureau of Labor Statistics (BLS). Meanwhile, the number of foreign-born workers increased by 635,000.
While the August jobs report shows unemploymentfalling to 4.2 percent last month, this drop is primarily due to a spike in part-time employment. According to the BLS data, the number of full-time workers decreased slightly.
“What do they mean the “real” unemployment rate is 7.9%? Have they been giving us the “fake” rate all along? By the way, Shadowstats which calculates the economic numbers the way they did back in the early 1980’s, before changing and “massaging” them, at a MUCH higher number than 7.9%!”
August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the way for the Federal Reserve to lower interest rates later this month.
Nonfarm payrolls expanded by 142,000 during the month, up from 89,000 in July and below the 161,000 consensus forecast from Dow Jones, according to a report Friday from the Labor Department’s Bureau of Labor Statistics.
“Is this too crazy to be believed? I think it is pretty close to the reality…”
Bombshell: All Levels of Govt. Conspiring to Oust Homeowners Across the USA
The new Fraud: Counties across the country (now 47 states are involved) are raising reassessing homes, increasing their valuation, in order to raise property taxes to meet their budgets. How they do this…is that the yearly budget is given to the Tax Assessor’s office and told to figure out how to meet the budget. The Assessor then artificially reassesses the homes in the area (by alot) in order to raise the taxes to comport with the budget. The homeowners who can barely pay their mortgages and credit card debt not only can not afford the property tax but the insurance on their house goes up as well. Then the house goes into foreclosure and the sharks attack! “You will own nothing and be happy”
Merriam-Webster defines “democracy” as: “a: Government by the people especially : rule of the majority, b: a government in which the supreme power is vested in the people and exercised by them directly or indirectly through a system of representation usually involving periodically held free elections.”
Well, that sounds good. Do we have a rule of the majority? The majority of Americans, after all, about eighty percent of them, are losing in this rigged economy, and living paycheck to paycheck at best. I don’t think they’re “ruling” anything. We all (well, some of us) know that the 10th Amendment to the Constitution clearly states, “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.” Again, sounds good. But when’s the last time you heard about one of our tyrannical judges ruling in favor of someone invoking the 10th Amendment? Since the Constitution delineates very limited powers to the central government, this should mean that the vast majority of power in this country resides in the States, or the people.
“It is showtime folks! It is when an inverted yield curve un-inverts that recession is either imminent, or has already arrived. By looking with your own eyes, recession already appears to have strolled in…”
Bond market ‘yield curve’ returns to normal from inverted state that had raised recession fears
The relationship between the 10- and 2-year Treasury yield briefly normalized Wednesday, reversing a classic recession indicator.
Following economic news that showed a sharp decline in job openings and dovish remarks from Atlanta Fed President Raphael Bostic, the benchmark 10-year yield inched above the 2-year for the first time since June 2022.
The respective yields were both around 3.79% on the session, with just a few thousandths of a percentage point separating them.
In a slideshow, Cox Media Group (CMG) claims that its ‘Active-Listening’ software uses AI to collect and analyze ‘real-time intent data’ by listening to what you say through your phone, laptop or home assistant microphone.
DailyMail.com visited Iowa and spoke to doctors and locals who had cancer themselves or knew of dozens who had, but one common thread stood out – none of them were heavy drinkers.
And while a report published in early 2024 highlighted alcohol as a major health concern, locals are trying to raise awareness about another contributor: agricultural chemicals – of which Iowa uses more than any other state.
“So throwing money at individual properties is harder than propping up securities via futures directed at indices and ETFs?”
‘Ticking time bomb’: Plunging office values alarm Washington
Four and a half years after the pandemic sent workers home, the office property bill is finally coming due.
The market for office buildings — already reeling from higher vacancy rates amid the rise in remote-work policies — has been crushed by high borrowing costs, and while the Federal Reserve is at last preparing to cut interest rates, it may be too little, too late. Investors, banks and property owners are now beginning to accept that some commercial buildings will never recover their pre-pandemic value, and that’s leading to a steady drumbeat of distressed sales.
The market’s troubles have caught the attention of Congress — with one New York lawmaker calling it a “ticking time bomb” for banks as nearly $1 trillion in commercial real estate loans are coming due this year. Faced with vacant office buildings and a shortage of millions of homes to meet demand, a bipartisan group of lawmakers is trying to make it easier for developers to convert underused properties into housing.
Pentagon Activates Troops for 2024 Presidential Campaign Events
(Ken Silva, Headline USA) The Pentagon announced Thursday that the U.S. Northern Command will assist the Secret Service for the presidential and vice-presidential campaigns through Inauguration Day 2025.
“As part of this effort, the Department of Defense is providing the U.S. Secret Service with additional assistance including logistics, transportation and communications, through the 2024 campaign season,” Secret Service spokesman Guglielmi said in a Defense Department press release.
The Pentagon assistance comes as the Secret Service faces a reported 650-agent deficit for the United Nations General Assembly, which is scheduled to begin Sept. 10th in New York City. According to journalist Susan Crabtree, there are concerns in the Secret Service that the Pentagon’s soldiers don’t have proper training, and that their presence will create the perception that the U.S. has turned into a militarized police state.
Brazil’s Supreme Court has upheld a ban on social media platform X, formerly known as Twitter.
A majority of three out of five justices have already voted in favour of the measure, meaning the ban will stay in place even if the two remaining justices were to vote against it.
X has been suspended in Brazil since the early hours of Saturday after it failed to appoint a new legal representative in the country before a court-imposed deadline.
It is the culmination of a feud between Supreme Court Justice Alexandre de Moraes and X’s owner Elon Musk which began in April, when the judge ordered the suspension of dozens of accounts for allegedly spreading disinformation.
“Imagine if the situation were reversed and they confiscated Air Force 1 and flew it back to Venezuela?”
U.S. ‘seizes Venezuela President Nicolas Maduro’s jet’ in the Dominican Republic
The U.S. has seized and brought Venezuelan President Nicolas Maduro’s airplane to Florida.
Multiple federal agencies involved in the seizure determined that acquisition of Maduro’s aircraft was in violation of U.S. sanctions, two U.S. officials disclosed to CNN.
The plane, described by officials as Venezuela’s Air Force One, was seized in the Dominican Republic and brought to the U.S. on Monday and marks the latest escalation with Maduro’s regime.
“Seems to be a trend? Have companies finally figured out that when they go woke they go broke? And if this is true, why are the “polls” so tight, people boycott woke companies but not woke politicians?”
Ford joins list of companies walking back DEI policies
Ford Motor is the latest company to walk back some of its commitments to diversity, equity and inclusion initiatives.
The automaker has taken “a fresh look” at its DEI policies and practices over the past year to take in to account the evolving “external and legal environment related to political and social issues,” according to an internal communication that was shared with global Ford employees and posted Wednesday on X by an anti-DEI activist. Ford confirmed the letter was authentic and said it had no additional comment on the matter.
Ford’s move follows retailer Tractor Supply, which one of the first major companies to stop its DEI efforts, as it severed ties earlier this summer with the Human Rights Campaign, an LGBTQ+ advocacy group, and retired DEI targets like boosting the number of employees of color at the manager level. Harley-Davidson, whose board of directors includes Ford CEO Jim Farley, also decided last week to stop consulting the HRC’s metric for treatment of LGBTQ+ employees and affirmed that it does not have a DEI function.
Nine-time, best-selling author and renowned Bible expert Jonathan Cahn has written a new book called “The Dragon’s Prophecy.” Cahn, who is a Christian, says many signs foretold in the Bible have happened or are happening now. Cahn says, “It says in the Bible that the end times or ‘The Last Days’ will be evil and dangerous times. You look at the Book of Revelation, you can see it, and all nations are going to be involved. . . . How do you know we are in “The Last Days”? The Bible says you will know it when Israel comes back into the world. That’s number one. When Israel comes to Jerusalem–number two. That’s where Jesus is coming. Number three: The whole world will be focused on the Middle East. You’ve got it. The whole world will be against Israel. You are getting there. There will be a great apostasy. People will be falling away from the faith. Well, that’s happening. Men will be lovers of themselves. Men will be unnatural. You’ve got it all now. And they will be persecuting the people of God. We’re there! God says he will shorten those days. Meaning, He (Jesus) will come, and He will interrupt them.”
“This is how the Treasury becomes “unfunded” and forces the Fed to outright monetize… please read this carefully, the smoke and mirrors are there for you to see.”
How the Most Important Trade on Earth Falls Apart
If there’s one takeaway over the last few years it’s that, as none other than Zoltan Pozsar said in late 2022, the Fed put – the casus belli for intervention – is certainly not “dead”, but has changed from an explicit support for risk assets to an implied support for the increasingly delicate balance in the supply and demand of Treasuries.
And although we might question whether Powell really killed the Greenspan put or just deferred the responsibility over to Yellen and the Treasury, one thing is for sure: when there is panic in funding markets – specifically in Treasuries – officials shoot first then ask questions later. It is and has been, after all, America’s golden goose that links together the banking system.
BillHolter.com 