from Gregory Mannarino
Academy Lists New ‘Diversity’ Requirements to Win Oscar for Best Picture
by Joel B. Pollak
Breitbart.com
The Academy of Motion Picture Arts and Sciences announced Tuesday that it will require films to meet extensive new “diversity” standards to be eligible to win the Oscar for Best Picture.
A press release for the Academy explained that starting in 2024, films competing for Best Picture will be required to meet at least two of the following four standards (original emphasis):
STANDARD A: ON-SCREEN REPRESENTATION, THEMES AND NARRATIVES
To achieve Standard A, the film must meet ONE of the following criteria:
A Sign of the Times? Unprecedented Fires Have Turned Skies Bright Orange and Blood Red Over California and Oregon
by Michael Snyder
The Economic Collapse Blog
2020 has been an incredibly difficult year for the U.S. as a whole, but no part of the country has been hit harder than the states along the west coast. It has just been one thing after another all year long, and now unprecedented wildfires have turned the skies bright orange and blood red over vast stretches of California and Oregon. Many are using the word “apocalyptic” to describe what is happening, and others have said that the skies look like something out of a science fiction movie. And even though hundreds of thousands of acres have already burned in Oregon and Washington, and even though more than two million acres have already burned in California, officials are warning that conditions will get even worse as we head into “the teeth of the wildfire season”.
Gates Foundation is Also Destroying Africa’s Food Economy
by F. William Engdahl
LewRockwell.com
The same Gates Foundation which is behind every aspect of the COVID-19 pandemic from financing much of the WHO budget, to investing in favored vaccine-makers like Moderna, is engaged in a major project in Africa which is destroying traditional small farmer production of essential food crops in favor of monoculture crops and introduction of expensive chemical fertilizers and GMO seeds that are bankrupting small farmers. The project, the Alliance for a Green Revolution in Africa (AGRA), is directly connected with key global institutions behind the World Economic Forum’s Great Reset.
If we know the actual history of the Rockefeller Foundation and related tax-free undertakings of one of the world’s most influential families, it is clear that in key areas the Bill and Melinda Gates Foundation has inherited the Rockefeller agenda from the medical industrial complex to education to agriculture transformation.
Watch the Dollar Call the Fed’s Bluff
by Rick Ackerman
RickAckerman.com
It’s obvious that the U.S. dollar is the only thing occupying investors’ symian brains at the moment, since stocks are moving in lock-step against it. Even gold and silver have been kow-towing, reacting to every dollar zig with a precisely measured zag. That’s why I recently shifted my technical focus from AAPL to the Dollar Index (DXY), starting with a September 1 low in the latter that missed a longstanding Rick’s Picks correction target by just six cents.
If the dollar continues to rise, virtually every trend in effect since the March 23 low is due to reverse. Debtors around the world will not be able to survive a strengthening dollar, nor will the charlatans at the Fed be able to do much about it. Their 2% inflation target is such a lame bluff that Powell, if he were honest, would admit the banksters are praying for it, not managing it. A rising dollar is about to unmask all of them as fakes. It may also prompt pundits, eggheads and the news media to acknowledge that Fed ‘policy’ since the S&L debacle 30 years ago has been a lot of hocus-pocus the banksters have made up as they’ve gone along. The very idea that America can return to prosperity by having the Fed ‘buy’ trillions of dollar worth of government debt is patently absurd. It is a free-lunch scheme hatched by crackpots that is believed only by economic imbeciles.
Stocks and Precious Metals Charts – Destroyer of Markets – Audacious Oligarchy
[…] Stocks bounced today.
This was somewhat expected as noted yesterday. Their declines had reached the fibonacci retracements for a correction.
Gold and silver also had healthy bounces today.
Gold is a trading range.
Silver is in an intermediate consolidation pattern.
The Dollar laid off a bit from its recent gains.
Professor on Antifa Execution of Trump Supporter in Portland: “He Killed a Fascist. I See Nothing Wrong with It”
Laments police killing of murderer Michael Reinoehl.
by Paul Joseph Watson
Info Wars
University of Rhode Island Professor Erik Loomis reacted to the execution of Trump supporter Aaron “Jay” Danielson on the streets of Portland by an Antifa extremist by commenting, “He killed a fascist. I see nothing wrong with it.”
In an article entitled ‘Why was Michael Reinoehl killed?’ Loomis laments the fact that Danielson’s murderer died at the hands of police officers after brandishing a weapon.
“I am extremely anti-conspiracy theory,” wrote Loomis. “But it’s not a conspiracy theory at this point in time to wonder if the cops simply murdered him. The police is [sic] shot through with fascists from stem to stern. They were openly working with the fascists in Portland, as they were in Kenosha which led to dead protestors.”
Loomis was challenged in the comment section of the blog post, with one respondent telling the professor, “Erik, he shot and killed a guy.”
“He killed a fascist. I see nothing wrong with it, at least from a moral perspective,” Loomis responded.
Biggest Leveraged Hedge Fund in the World, Public Couldn’t Possibly Be Any More Bullish, Plus “Houston, We Have a Problem”
from King World News
On the heels of continued wild trading in global markets, here is a look at the biggest leveraged hedge fund in the world, public couldn’t possibly be any more bullish, plus “Houston, we have a problem.”
Greed Reaches All-Time Extreme
September 9 (King World News) – Liz Ann Sonders, Chief Investment Strategist at Charles Schwab: U.S. positioning indicator from Goldman Sachs shows just how bullish investors are in terms of options trades … average z-score of put/call ratio, single stock skew & spot-vol correlation has steeply declined (see chart below).
Gold and Silver Are Doing What They’re Supposed to Do with Nick Santiago (Ep #113)
from Daily Market Wisdom with Nick Santiago
For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends. Today we discuss:
1. Stocks are gapping higher today after a 3-day sell off. This is typical after such a large decline in such a short period of time. There should be a lot of whipsaw and choppiness over the next few weeks. It will be more important than ever to read the charts over the next 2 months.
2. Beware of the VIX. It’s remained in a range of $20-28 since May. It made a lower high during the recent sell-off. SPYDR’s have been trading on higher volume. Still more downside to come. Sucker’s rally, we’re still in an uptrend. We’ll still remain choppy. High hit 9-2 and yesterday we hit a low. A bit more to come.
3. The semiconductors (SMH) have been sold off pretty hard in this decline. This is one of the most important industry groups that every trader/investor should follow. Remember, semiconductors are in almost everything these days, so in my opinion they are extremely important to track on a daily basis. Right now, the semi’s have broke below the 50-day moving average and that should put everyone in caution mode. First time it’s happened since April 21. There’s a lot of support around that average. The most important industry group we follow.
4. Gold and silver, gold futures up 11 points. Backing and filling. One more leg down? Very range bound and working off the overbought position. 2000 is resistance. 2089 is major resistance. Lower highs hitting, perhaps going as low as 1860. A little more consolidation and it’s off to the races. Shaking weak hands out, but they’re not getting shaken.
5. Nick takes a close look at the Platinum chart. A little bit more work and it will probably follow gold. Has major overhead right now. More consolidation.
For more info, go to InTheMoneyStocks.com.
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It’s Rebellion, Not Protest with Frank Vernuccio
from Kerry Lutz's Financial Survival Network
Click Here to Listen to the Audio
Frank Vernuccio is the president of the American Analysis of News & Media, Inc., and the editor-in-chief of its major publication, the New York Analysis of Policy and Government.
On the Menu in 2020: Invading police stations, declaring whole neighborhoods to be “autonomous zones,” burning buildings, assaults on law enforcement personnel, and engaging in mass lootings have nothing to do with any particular issue or racial division. They are, in fact, acts of secession. A secession that, similar to what happened in 1861, has been aided and abetted by some Democrat leaders.
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Mile Markers of Tyranny: Losing Our Freedoms on the Road from 9/11 to Covid-19
by John W. Whitehead
The Rutherford Institute
“No one ever seizes power with the intention of relinquishing it. Power is not a means; it is an end.” – George Orwell
You can map the nearly 20-year journey from the 9/11 attacks to the COVID-19 pandemic by the freedoms we’ve lost along the way.
The road we have been traveling has been littered with the wreckage of our once-vaunted liberties, especially those enshrined in the Fourth Amendment.
The assaults on our freedoms that began with the post-9/11 passage of the USA Patriot Act laid the groundwork for the eradication of every vital constitutional safeguard against government overreach, corruption and abuse.
The COVID-19 pandemic with its lockdowns, mask mandates, surveillance, snitch lines for Americans to report their fellow citizens for engaging in risky behavior, and veiled threats of forced vaccinations has merely provided the architects of the American police state with an opportunity to flex their muscles.
These have become mile markers on the road to tyranny.
The Wall Street Bank Selloff Yesterday Was More About Oil Than Big Tech
by Pam Martens and Russ Martens
Wall Street on Parade
The mega banks on Wall Street joined the tech wreck yesterday as illustrated on the chart above. The selloff in these banks can be attributed to, primarily, the selloff in the price of crude oil – which suggests the banks will be forced to increase loan loss reserves as the threat of more bankruptcies among debt-strapped U.S. oil producers increases.
Domestic crude oil, known as West Texas Intermediate or WTI, had a $41 handle on Friday on the Nymex. Yesterday, that turned into a $36 handle – a decline of 12 percent from Friday. A WTI handle below $40 is panic-time for U.S. independent oil producers who are deep in debt and struggling to avoid bankruptcy.
The big summer driving season that was expected to boost crude demand was officially over the day after Labor Day. But, in fact, a big surge in demand from summer travel had never really materialized because a family doesn’t drive to a vacation destination if they’re afraid to stay in a hotel because of the pandemic. Add the decline in demand for jet fuel because people are afraid to breathe the air of strangers on airplanes and you begin to see a real problem with oil demand going forward.
No, the Sturgis Motorcycle Rally Didn’t Spawn 250,000 Coronavirus Cases
Plus: FDA meddles more in vaping market, GOP lawmakers take aim at social media (again), and more…
by Elizabeth Nolan Brown
Reason.com
Here’s what we were told: An August motorcycle rally in Sturgis, South Dakota, helped spread COVID-19 to more than a quarter-million Americans, making it the root of about 20 percent of all new coronavirus cases in the U.S. last month. So said a new white paper from the IZA Institute of Labor Economics, at least. And national news outlets ran with it.
“Sturgis Motorcycle Rally was ‘superspreading event’ that cost public health $12.2 billion,” tweeted The Hill.
“The Sturgis Motorcycle Rally held in South Dakota last month may have caused 250,000 new coronavirus cases,” said NBC News.
“The Sturgis Motorcycle Rally represents a situation where many of the ‘worst-case scenarios’ for superspreading occurred simultaneously,” the researchers write in the new paper, titled “The Contagion Externality of a Superspreading Event: The Sturgis Motorcycle Rally and COVID-19.”
The Clearest and Best Video Explanation of the Virus, the Lockdowns, and the Impact
by Jeffrey A. Tucker
The American Institute for Economic Research
Those of us who have been reading and writing on lockdowns and the Covid-19 virus have been frustrated in competition with media frenzy and disinformation. Many times since February or so, I imagined that the latest study would put an end to the fake-science silliness and highly damaging lockdowns. But it kept not happening. The lockdowns have continued on and on regardless of the evidence against them.
Getting reliable information out there in the public sphere has depended in large part on independent venues to break through the noise.
One of the best videographers and analysts on the topic is Ivor Cummings, an engineer-trained thinker who has worked to summarize the best science and data. Below you will find his latest video that brings enormous clarity to the topic based on data and evidence from all over the world.
The Fed Bought No Bond ETFs (None, Zero, Zilch) in August. ETF Holdings Actually Fell. Bought Almost No Corporate Bonds
by Wolf Richter
Wolf Street
The Fed stepped away from the market after its jawboning created the biggest bond bubble ever.
The Fed started buying corporate bond ETFs for the first time ever in May and corporate bonds for the first time ever in June. These programs had been ballyhooed with enormous fanfare in the media – that the Fed would load up its Special Purpose Vehicles (SPVs) with $750 billion of corporate bonds and bond ETFs, including junk-bond ETFs.
These pre-announcements and announcements and announcements of expansions of prior announcements triggered the biggest corporate bond bubble and junk bond bubble in history before the Fed even started buying.
Governor Whitmer Says Michigan Trump Event is ‘Distressing’ but Biden’s Event is Ok
by Damjan Tutarkov
LaCorte News
Michigan Gov. Gretchen Whitmer wholeheartedly supported Joe Biden’s event in the state slated for Wednesday but appeared to take issue with an event organized by the Trump campaign.
Her remarks: Whitmer, a Democrat, called Trump’s event “very distressing,” but seemed to have no problem with Biden’s event, because she suggested that unlike Trump, Biden would encourage supporters to wear masks.
Whitmer made the remarks in a CNN interview Tuesday, the same day Trump held a rally in Winston-Salem, North Carolina, where many attendees could be seen wearing protective masks.
Citing no evidence, the governor told CNN’s Anderson Cooper that she’s worried President Trump would encourage supporters “to come maskless” to the rally.
Are Democrats Hiding the Truth About Covid?
by Brian C. Joondeph, M.D.
American Thinker
COVID is not the first viral flu pandemic America has faced, yet the reaction is unprecedented. The entire economy has been shut down for months, some sectors still closed. Elective yet necessary medical care has been postponed leading to excess sickness and death well beyond that caused by the Chinese virus.
Many schools remain closed, as do restaurants, hair salons, and churches. We are forced to keep six feet away from each other at all times and are expected to wear masks, whether outside and alone or inside sharing an intimate moment with a loved one.
Are these rules and restrictions for the public good or are they a means of power and control over the people? The most draconian measures are being pushed by Democrats at the local, state, and national levels. Yet personally they often ignore the mandates they impose on the rest of us.
Biden’s Immigration Pick Causing Outrage on the Left
from Zero Hedge
Open-border advocates are furious over the addition of former Obama administration immigration expert Cecilia Muñoz to Joe Biden’s transition team, according to The Hill.
Muñoz, formerly with the National Council of La Raza before joining the Obama administration, was harshly criticized by immigration advocates for not doing enough for immigrant rights during her time in the Obama White House – and instead, “too often defended policies that led to the deportation of more than 2 million people.“
“Huge mistake. Huge. Huge mistake. Worst part? We have no other option. I guess we gotta pick our opponent. That’s what it has come down to,” wrote immigration rights activist Erika Andiola, advocacy director for the Refugee and Immigrant Center for Education and Legal Services.