by Martin Armstrong
Armstrong Economics
Ruthless Tyranny by Police in Melbourne
COVID Tax Increases – Forcing People to Pay For the Political Plandemic
Belarusian President Claims IMF & World Bank Offered him a Bribe to Impose COVID Restrictions
CDC Said there Have Been More Suicides Than Death by COVID-19
California & the 2020 Election
by Raúl Ilargi Meijer
The Automatic Earth
Of course, because I’m a dreamer, I start off an essay like this with the idea that I should do an all-encompassing idea of COVID19, all around the world no less, for the rest of 2020, and beyond. Only to find that nobody, including me, even if I have a few advantages over most, could possibly do such a thing. So of necessity there’ll be this essay and many more to come. As the US elections set the world on fire.
I did make a list of what every government, every society and community should be ordering by now (and that would be already very late) Here they are: A billion rapid tests, a billion doses of hydroxychloroquine (HCQ), a billion doses of zinc, a billion doses of Vitamin D, and a zillion N95 facemasks. (I am not a doctor, but we do have doctors on this platform.)
by Doctor J
TF Metals Report
The ferocity of recent downward manipulation of metals prices prompts a pause for thought. The manipulators had to take action…a Hail Mary if you will, (No, I cannot use that metaphor to describe bankers out of respect for my Catholic brethren). Yea, it was an act of desperation, willing to risk everything to save their control of “their” markets. They doubled down with shorts and engaged in blatant manipulation to make sure they both regain control and fatten their purse.
The prop desk traders, analysts and programmers that make up the crew of Wall Street monkeys share a portion of the guilt, but the real criminals are their bosses who devise the plots and give the orders to initiate them. “Release the Goldbug-Smash Algo,” they text, looking out the upper windows of their NY offices at the ants walking below. And the machines take over, in the wee hours while we sleep, unable to respond, overwhelming the bid stack, running stops so that when markets re-open, contracts with stop loss orders in place will be sold at even lower prices.
by Daniel Lacalle
Mises.org
Misguided lockdowns have destroyed the global economy and the impact is likely to last for years. The fallacy of the “lives or the economy” argument is evident now that we see that countries like Taiwan, South Korea, Austria, Sweden, and Holland have been able to preserve the business fabric and the economy while doing a much better job managing the pandemic than countries with severe lockdowns.
One of the most alarming facts about this crisis is the pace at which bankruptcies are rising. Despite an $11 trillion liquidity injection and government aid in 2020, stocks and bonds at all-time highs, and sovereign as well as corporate yields at all-time lows, companies are going bust at the fastest pace since the Great Depression. Why? Because a solvency crisis cannot be disguised by liquidity.
by Chris Powell
GATA.org
Dear Friend of GATA and Gold:
Today’s London Telegraph has a surprisingly if begrudgingly favorable commentary on gold by the newspaper’s assistant editor and economics columnist, Jeremy Warner. Those who follow GATA and gold may find his main point only obvious — that gold performs splendidly when government-issued money is being devalued — but then such devaluation is yet to be widely understood by the great mass of users of government money.
Those who do follow gold may be most interested by Warner’s acknowledgment that the British government’s gold sales that began in 1999 were meant to “rescue a number of banks from ruinous short positions in the metal.” This point was made at the time by gold price manipulation litigator and GATA consultant Reginald Howe —
by John Mauldin
GoldSeek
One little-noted aspect of central bank policy is how rarely “policy” happens. Officials at the Federal Reserve and elsewhere long ago learned how to achieve their goals without actually doing anything. Creating perceptions is often enough to modify people’s behavior.
For instance, if traders simply believe the Fed will intervene should interest rates go above or below a certain level, rates probably won’t breach that level, or even get close to it. No one wants to make the Fed pull its trigger. This is why central banks are so obsessed with “credibility.” They don’t want to actually use their monetary firepower, and they don’t need to use it as long as financial markets respect it. Their most-used weapons are just words.
by Jon Brown
Daily Wire
A Baptist church in California that is meeting despite coronavirus lockdown restrictions is pleading with their county government to relent after the fines leveled against them have racked up to nearly $60,000.
North Valley Baptist Church in Santa Clara, California, made headlines two weeks ago when senior pastor Jack Trieber released a viral video on Facebook asking Santa Clara County to “back off.” The video, which garnered millions of views, explained that his church was fined $5,000 for holding a morning service and $5,000 for an evening service during which congregants sang.
by Former Rep. Bob Barr
DailyCaller.com
Most Americans – probably the vast majority – have very little idea what the United States Supreme Court really does. Sure, whenever the High Court issues a ruling on an abortion case or decides a matter involving the Second Amendment, the media is all over it and the public becomes aware that the Court is there. Abortion and guns aside, however, rulings by our nation’s highest court often impact our daily lives in far more ways than do those high-profile decisions everyone hears about.
In just a few weeks, the Court will hear arguments in a truly landmark case that will significantly impact Google, the world’s most heavily used search engine, controlling over 92% of that market worldwide.
by Katherine Rodriguez
Breitbart.com
Eight people were arrested on Friday when a group of 150 rioters smashed windows and vandalized the storefronts of lower Manhattan banks and chain stores in New York City, police said.
At least five banks, two Starbucks, and a Duane Reade had their windows smashed in, causing an estimated $100,000 in damage, the New York Post reported.
Police recovered burglary tools, spray paint, two stun guns, and smoke grenades. The protest had been advertised on social media by groups identifying themselves as the far-left “Revolutionary Abolitionist Movement” (RAM) and the “New Afrikan Black Panther Party”
by Alexander W. Salter
The American Institute for Economic Research
Money is an indispensable part of modern economic activity. It was not always so: barter, where goods trade directly for other goods, was the norm for most of human history. But the rise of money as an economic institution greatly increased humanity’s productive potential.
Think about how hard it is to get the goods you want to consume in a barter economy. You first must find someone who has the good you want. But that person must also want the good you offer in exchange. This is known as the “double coincidence of wants” problem. The need to find a double, or mutual, coincidence of wants is effectively a large transaction cost—a kind of trade barrier associated with general economic activity. When we use money, however, this problem is eliminated. The seller automatically wants what the buyer is offering because the buyer is offering the ability to purchase whatever the seller wants. And that effort that would have been devoted to finding the right trading partner can be put to more productive uses.
by Mac Slavo
SHTF Plan
We are living through the systematic collapse of society as we know it. The elites have already planned out election chaos and famine that will destroy so many people’s lives if we let it.
The same forces instigating social unrest and elections chaos are engineering a man-made famine and attempting to take over ALL food production. This is exactly what happened in the Soviet takeover of Ukraine. The people pulling the political puppet’s strings start by ramping up fear. They have done this by spreading fraudulent COVID-19 tests to farmworkers and meat plants. From John Podesta to the UFW, to Tyson, to the Rockefellers, The Ice Age Farmer explores the deep connections between those behind the agenda to “Reset the Table” and use food as a weapon.
“Someone has to trace the money”.
by Steve Watson
Info Wars
Speaking on Fox News Saturday, Senator Rand Paul demanded that an investigation be started into where money given to groups such as Black Lives Matter is being spent, and if it is being used to spark violence in major US cities.
“The question is, who is financing this and who is flying them around?” Paul asked.
“It really is a federal crime to incite riot and to fly people around to instigate violence. And I think that’s what’s happening,” the Senator urged.
“And yes, we’ve got to get to the bottom of this one person at a time, and once we have suspicion or probable cause, we need to ask a judge for a warrant and they need to look at their financial records and see — for this,” he added.
from King World News
This is a very worrisome look at the most terrifying danger facing the United States, plus this could ignite the gold price to $20,000.
September 6 (King World News) – Stephen Leeb: I’m not a poker player, but I know enough about the game to know that if I did play, I would want my opponent to be either complacent or desperate. Desperation and/or complacency invariably augur big losses.
The U.S., unfortunately, offers a tragic example. Years back we became deplorably complacent. And that has led to a situation where, whether it’s widely recognized or not, we are in a desperate situation with respect to China. There are three ways it can end: lose-lose; win-win; or win (China)/lose(U.S.) with China becoming the world’s hegemon. These three very different scenarios share one common denominator: They all point to huge gains in gold (and possibly silver as well).
by John Rubino
Dollar Collapse
For the past few years, the US financial system and the Fed have been playing a game of chicken in which the Fed tries to tighten (or at least stop easing) and the stock market behaves like an addict deprived of its heroin.
In 2018, for instance, the Fed started raising interest rates and shrinking its balance sheet, though in both cases only a little. The S&P 500 did this:
[…] In response, the Fed relented and began cutting rates and, on the pretext of a “repo crisis,” aggressively expanding its balance sheet. Normality – in the form of rising tech stock prices – returned. 2019 was a very good year.
But in early 2020 the coronavirus outbreak didn’t immediately send the Fed into a rate-cutting, asset buying frenzy, and the S&P did this:
by Charles Hugh Smith
Of Two Minds
Pretense and PR are not reality, and believing the Old Normal will magically be restored with sacrifice-free Federal Reserve printing is not an actual strategy.
Quick history quiz: who was the second-to-the-last Emperor of the Western Roman Empire? How about the third-to-the-last? Answers: Glycerius, 473-74 A.D. and Julius Nepos, 474-475 A.D. The last emperor was the grandly titled Romulus Augustus, who reigned less than a year until the whole shebang disintegrated in 476 A.D.
You get the point: when the momentum of collapse crosses the Event Horizon, it no longer matters who claims the title of Head Snake; the collapse is beyond the control of any individual or agency.
So when I hear the most important election in history, last chance for democracy, etc. I hear blah-blah-blah because we’re following the footsteps of Rome’s collapse to a T. As I explained in How Nations Collapse: Disunity (8/20/20), profound disunity between classes and within power elites is the key driver of collapse, as all the energy required to make the perilous, radical changes needed to save the system are squandered on in-fighting and jockeying for control of the dwindling centralized power.