MONEY: The End of COMEX Paper Gold?

Wednesday, August 19, 2020

https://tomluongo.me/2020/08/14/market-friday-end-comex-paper-gold/

Market Friday: Is This the End of COMEX Paper Gold?
Date: August 14, 2020 — Author: Tom Luongo

*** begin quote ***

And now, the question on a lot of people’s minds is whether we’ll see the end of the fiction of the paper gold market as epitomized by the futures market on the COMEX.

*** and ***

The fiction of a gold-settled futures contract keeps the fiction that supply and demand for gold are in balance at these prices. But are they really? If so then gold wouldn’t be hoarded the way it is. Gresham’s Law would reverse and gold would move into the market at a much higher clearing price.

*** and ***

That, to me, is what is so very important about what is happening now. Because that begs the question, cui bono?

Who benefits from breaking the price control system of the fake, paper gold market?

Once you sort through the answer to that, China and Russia, then what’s been happening in gold and silver should make a whole lot more sense.

And why gold seems to have decoupled not only from the COMEX but gyrations in the U.S. dollar.

*** end quote ***

And, that girls and boys is the end of a lot of things — FED policy driving the Stock Market, the ability to have a debt laden society to support itself, and the USA’s empire.  How far “we” fall is yet to be seen.  Study the rise and fall of ALL empires and distill the common factors — debasement of its currency and fall in “civic morality”.

So sad.  Glad I’m not going to be here to see it happen, but I believe it will.

Save your nickels!

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GOVEROTRAGEOUS: Michigan’s confirmation bias

Tuesday, August 18, 2020

https://www.detroitnews.com/story/news/local/michigan/2020/08/12/michigans-key-covid-19-statistic-wrong-blame-idaho/3344615001/?utm_source=fark&utm_medium=website&utm_content=link&ICID=ref_fark

Michigan’s key COVID-19 statistic was wrong; blame Idaho
Craig Mauger —  The Detroit News

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Lansing — Amid fears of a second wave of COVID-19 hitting Michigan, the state’s Chief Medical Executive Joneigh Khaldun stepped to the microphone during a July 28 press conference and noted a discouraging trend.

The percentage of tests yielding positive results in Michigan — a key statistic in tracking the virus — was rising and had reached 3.7% during that past week, Khaldun said. The rate, which spiked in the spring amid testing shortages, had been down to 2.2% in early June, according to state data.

A day after the press conference, Gov. Gretchen Whitmer cited rising cases statewide as she reimposed limits on bars and indoor gatherings in northern Lower Michigan and the Upper Peninsula.

*** end quote ***

SOOoo, the Guv took immediate action on bad data that gave the bad news.  

“Confirmation bias”?

They WANT bad news to keep the “crisis” going to defeat “Bad Orange Man”!

Anyone still believe ANY Gooferment data?  I don’t!

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NOTRECOMMENDED: EBAY, PAYPAL, SquareTrade, and @amazing-wireless

Monday, August 17, 2020

Order #26-05258-77719

BlackBerry Keyone – BBB100-1 32GB – Black (AT&T + GSM Unlocked) – MINT INBOX

# – # – #

Except it’s locked!

And it’s no one’s problem but mine!

They all suck!

I am about ready to cancel my PayPal account over this.

And, obtw, you can leave negative feedback because the Ebay system is screwed up.

Argh!

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MONEY: Always keep your nickels!

Monday, August 17, 2020

https://www.zerohedge.com/markets/mnuchin-begs-coins-amid-shortage-avoid-depositing-these-pennies

Mnuchin Begs For Coins Amid Shortage; Avoid Depositing These Pennies
by Tyler Durden — Thu, 08/13/2020 – 05:30

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According to Coinflation.com, pennies from 1909-1982 are approximately 95% copper and have a metal value of about $0.0185. In this instance, once could almost double their money if they took these pennies to a scrapper than the bank. Here’s the complete list of what coins are worth in terms of face value versus metal value.

*** end quote *** 

Pretty bad when the “valueless coins” take on more value for the underlying metal.

Argh!

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TECHNOLOGY: Ulterior motive of touchscreens in cars?

Sunday, August 16, 2020

https://www.ericpetersautos.com/2020/08/10/rules-and-rulers/

Rules and Rulers
By  eric – August 10, 2020

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This is considered distracting – and is often illegal for that reason . . . when it comes to the use of cell phones in cars. But it comes standard in almost ever new car. Even more cognitively dissonant is that people are encouraged to be distracted thereby since many of the car’s necessary functions cannot be controlled except via the touchscreen.

*** end quote ***

Never thought of it this way.

The Gooferment is immoral, ineffective, and inefficient. As well as untrustworthy.

And, I would put it past them to be thinking that.

Argh!

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GOVERNACIDE: Cuomo’s “return WuFlu sufferers to their nursing home” killed how many?

Saturday, August 15, 2020

https://www.nationalreview.com/news/cuomo-rejects-independent-investigation-of-n-y-nursing-home-deaths-saying-it-would-be-political/?fbclid=IwAR0WiIbBaB12H1RPxO5KyPHeyIBwy_Mt9n1YeHvxyCf9i1A-hpc4rmT8fiY

Cuomo Rejects Independent Investigation of N.Y. Nursing Home Deaths, Saying It Would Be ‘Political’
By ZACHARY EVANS — August 10, 2020 2:39 PM

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The state has seen over 32,000 deaths from coronavirus, with at least 6,500 of those deaths among residents of nursing homes and long-term care facilities. However, if a nursing home resident dies of coronavirus after having been transferred to a hospital, the fatality is not listed in state records as a “nursing home” death. This practice has led to speculation that the death count among nursing home residents is higher than reported.

*** end quote ***

And, of course, he gets off scott-free.

Also, he provided the ammo to the “Orange Man Bad” and Pandemic crowd.

Such a shame that “We, The Sheeple” don’t demand he be held to account!

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TECHNOLOGY: Battle Royale — Epic vs Apple / Google

Friday, August 14, 2020

(FJR: Fair Use Quotes. No website given for story. Sign up to email blast.)

FROM: DGiT Media, All rights reserved.|
PO 20547 HOWE ST, VANCOUVER, BC, V6Z2N8, CANADA.
http://click1.mail.dgit.com/Subscribe.do?action=subscribe&list=jvmf&siteID=qfnyqbgmshpyfqyvypsjgpwhwgccfdmjsqy&source=RHJvbmUgUnVzaCBNb250aGx5&address=YW5kcm9pZGF1dGhvcml0eWNvbXBldGl0aW9uc0ByZWlua2UuY2M

Fortnite/Epic Games versus app store taxes

*** begin quote ***

Epic Games kicked off a brief, enthralling campaign against Apple and Google yesterday. First, it emerged that it had found a way to offer discounted in-app purchases in Fortnite, the lifeblood of the game. All without Apple or Google taking a cut, the lifeblood of those app stores.

*** and ***

Epic filed legal action against both companies. One interesting wrinkle in the lawsuit against Google is a new claim by Epic that accuses Google of crushing Fortnite deals with OnePlus, LG (Android Authority).
Spotify chimed in to support Epic, too (MacRumors).

So, it’s a Battle Royale.

Choosing sides:

We’re well into the era of companies having committed enough fans to entice them to fight against fans of other companies.

*** end quote ***

Hope they “kill” each other for the benefit of lower costs to consumers. Just light an old “free capitalistic marketplace” should operate.

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NEWJERSEY: Your License, Or Your Conscience?

Friday, August 14, 2020

https://www.cato.org/blog/license-or-conscience-tale-pandemic

August 5, 2020 11:47AM
Your License, Or Your Conscience? A Tale of the Pandemic
By Walter Olson

*** begin quote ***

The story of one man’s stand on principle and the patients who were saved, from Jewish family weekly Mishpacha via Ira Stoll:

Early on, a talmid called with a complicated question. As an operator of several nursing homes, he was being forced to accept residents who’d tested positive for the virus as they were released from hospitals that no longer wanted them. Despite the clear danger to their current residents and staff, the nursing homes were being given no choice.

Rav Shmuel told him unequivocally that to accept these patients was a form of retzichah, murder, since it put the other residents at serious risk. But then, on a conference call, the governor informed all nursing home operators that failure to accept the patients would mean losing their licenses.

The talmid called Rav Shmuel again. Lose your license, the Rosh Yeshivah ruled, but you can’t put your elderly residents in danger.

The nursing home operator listened to his rebbi.

Weeks later, he stood tall as the only major nursing home operator in the state of New Jersey who didn’t lose a single resident to Covid‐​19.

*** end quote ***

Throughout history, there have been stories of courageous women and men, who have stood up for their conscience and, often, paid a terrible price up to and including their lives.

Here’s a example of one such hero.  

And I don’t use that word as lightly as others in today’s society.

Guess like in the Olympics there are different tiers based on what you risk — your life like in opposing the Nazis, your health in many of the Dead Old White Guys in the American revolution, your freedom, your fortune, or anything like that.  

I include the grocery store clerk who shows up for work and risks his life for a few bucks to survive.

Here’s a man who put his business at risk and stood afoul of a politician!

We’ll have to stand with him when he reprisals come from the tyrant.

“Three hundred years from now where will you be and where shall I be?” — Thich Nhat Hanh

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HEALTH: More conflicting information

Thursday, August 13, 2020

https://off-guardian.org/2020/07/02/no-one-has-died-from-the-coronavirus-president-of-the-bulgarian-pathology-association/

“No one has died from the coronavirus”Important revelations shared by Dr Stoian Alexov, President of the Bulgarian Pathology Association
Rosemary Frei and Patrick Corbett

*** begin quote ***

Ahigh-profile European pathologist is reporting that he and his colleagues across Europe have not found any evidence of any deaths from the novel coronavirus on that continent.

Dr. Stoian Alexov called the World Health Organization (WHO) a “criminal medical organization” for creating worldwide fear and chaos without providing objectively verifiable proof of a pandemic.

Another stunning revelation from Bulgarian Pathology Association (BPA) president Dr. Alexov is that he believes it’s currently “impossible” to create a vaccine against the virus.

He also revealed that European pathologists haven’t identified any antibodies that are specific for SARS-CoV-2.

These stunning statements raise major questions, including about officials’ and scientists’ claims regarding the many vaccines they’re rushing into clinical trials around the world.

They also raise doubt about the veracity of claims of discovery of anti-novel-coronavirus antibodies (which are beginning to be used to treat patients).

*** end quote ***

Of course, this is a month old.  But it’s the first report to “leak” out.

Clearly, it doesn’t support the narrative from the Big Media Borg, and the “Orange Man Bad” alliance.

Could it be that “We, The Sheeple” will never know the truth?

I expect that the clamor will die down after November 4th if their candidate wins!

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NEWJERSEY: So “what officials envision” rules!

Wednesday, August 12, 2020

http://lavallette-seaside.shorebeat.com/2020/08/seaside-heights-denies-application-for-new-bar-on-north-end-of-boardwalk/

Seaside Heights Denies Application for New Bar on North End of Boardwalk
By Daniel Nee – August 12, 2020 

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A proposal to add another bar and restaurant to the Seaside Heights boardwalk at Kearney Avenue has been denied in an 8-0 vote by the planning board, keeping in line with what officials envision as a quieter, more residential north end of the boardwalk.

*** end quote ***

​There’s no doubt that politicians and bureaucrats rule!

I would like the free market to operate.

Their vision sure isn’t mine.  And, since I’m not a full-time resident, I can’t even vote.  But they sure take my “tax” money and fees.

Argh!

Socialism at its “best”!

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