DEC 30//GOLD CLOSED UP $7.75 TO $1813.25//SILVER ADVANCED 14 CENTS TO $22.99//COMEX GOLD STANDING ROSE WITH A CONSIDERABLE QUEUE JUMP TO 112.217 TONNES/SILVER OZ STANDING AT THE COMEX ROSE TO 45.98 MILLION OZ//COVID COMMENTARIES//VACCINE MANDATES//VACCINE IMPACT: A MUST VIEW DR RICHARD FLEMING ON THE MECHANICS OF THE M-RNA VACCINES AND HOW THEY ARE HARMING THE BODY//ISRAEL HAS A SERIOUS OUTBREAK OF BIRD FLU VIRUS AS WELL AS OTHER NATIONS: SEEMS LIKE BIRDS IMMUNE SYSTEMS ARE FAILING///ENGLAND OPENING UP FIELD HOSPITALS DUE TO HUGE RISE IN OMICRON BUT IT IS STILL LESS HARMFUL//USA COVID//VACCINE MANDATE UPDATES/SWAMP STORIES FOR YOU TONIGHT//

GOLD; UP $7.75 to $1813.25

SILVER: $22.99 UP 14 CENTS

ACCESS MARKET:

GOLD $1814.50

SILVER: $23.04

..  OTC and London expire tomorrow Dec 31. Big question: will the crooks raid on first day notice?

Bitcoin:  morning price: 47,577 down $370

Bitcoin: afternoon price: 47,612 DOWN $335

Platinum price: closing down $6.15 to $966.20

Palladium price; closing down  $10.35  at 1973.75

END

end

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COMEX//NOTICES FILED

EXCHANGE: COMEX
CONTRACT: DECEMBER 2021 COMEX 100 GOLD FUTURES
SETTLEMENT: 1,805.100000000 USD
INTENT DATE: 12/29/2021 DELIVERY DATE: 12/31/2021
FIRM ORG FIRM NAME ISSUED STOPPED


435 H SCOTIA CAPITAL 16
523 H INTERACTIVE BRO 6
624 H BOFA SECURITIES 67
657 C MORGAN STANLEY 1
661 C JP MORGAN 35 127
661 H JP MORGAN 100
905 C ADM 38


TOTAL: 195 195
MONTH TO DATE: 36,078


TOTAL: 65 65
MONTH TO DATE: 35,883


TOTAL: 65 65
MONTH TO DATE: 35,883

NUMBER OF NOTICES FILED TODAY FOR  DEC. CONTRACT: 195 NOTICE(S) FOR 19500 OZ  (0.6065  TONNES)

total notices so far:  36,078 contracts for 3,607,800 oz (112.217 tonnes)

SILVER//DEC CONTRACT

38 NOTICE(S) FILED TODAY FOR  190,000   OZ/

total number of notices filed so far this month 9197  :  for 45,985,000  oz

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

GLD

WITH GOLD UP $7.75 TO $1813.25

NO CHANGES IN GOLD INVENTORY AT THE GLD:

WITH RESPECT TO GLD WITHDRAWALS:  (OVER THE PAST FEW MONTHS)

GOLD IS “RETURNED” TO THE BANK OF ENGLAND WHEN CALLING IN THEIR LEASES: THE GOLD NEVER LEAVES THE BANK OF ENGLAND IN THE FIRST PLACE. THE BANK IS PROTECTING ITSELF IN CASE OF COMMERCIAL FAILURE

ALSO INVESTORS SWITCHING TO SPROTT PHYSICAL  (phys) INSTEAD OF THE FRAUDULENT GLD//

THIS IS A MASSIVE FRAUD!!

GLD  975,66 TONNES OF GOLD//

Silver//SLV

WITH NO SILVER AROUND AND SILVER UP 14 CENTS: HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 4.624 MILLION OZ FROM THE SLV.

INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV

CLOSING INVENTORY SLV/ TONIGHT: 533.057 MILLION OZ

Let us have a look at the data for today

SILVER//OUTLINE


SILVER COMEX OI FELL BY A  STRONG 1219 CONTRACTS TO 140,027  AND RESTS FURTHER FROM THE NEW RECORD OF 244,710, SET FEB 25/2020.. WITH THE  $0.22 LOSS IN SILVER PRICING AT THE COMEX ON WEDNESDAY.  OUR BANKERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.05) AND WERE  UNSUCCESSFUL IN KNOCKING OUT ANY SILVER LONGS  AS WE HAD A STRONG LOSS OF 768 CONTRACTS ON OUR TWO EXCHANGES .

WE  MUST HAVE HAD: 
I) HUGE BANKER SHORT COVERING AS THEY ARE VERY ANXIOUS TO GET OUT OF DODGE!!/. II)WE ALSO HAD  SOME  REDDIT RAPTOR BUYING//.   iii)  A STRONG ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) A HUGE INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 47.535 MILLION OZ FOLLOWED BY TODAY’S 175,000 OZ QUEUE.. JUMP      V) STRONG SIZED COMEX OI LOSS.

 I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: 


THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI SILVER TODAY: CONTRACTS  -52

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS  DEC 30 ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF DEC: 

TOTAL CONTACTS for 22 days, total  contracts: 19,698 or …average per day:  895 contracts or 4.48 million oz per day.

TOTAL NO OF OZ UNDERGOING EFP TO LONDON 19,698 CONTRACTS X 5,000 PER CONTRACT:

EQUATES TO: 98.490 MILLION OZ

.

LAST 8 MONTHS TOTAL EFP CONTRACTS ISSUED  IN MILLIONS OF OZ:

MAY 137.83 MILLION

JUNE 149.91 MILLION OZ

JULY 129.445 MILLION OZ

AUGUST: MILLION OZ 140.120 

SEPT. 28.230 MILLION OZ//

OCT:  94.595 MILLION OZ

NOV: 131.925 MILLION OZ

DEC: 98.490 MILLION OZ 

RESULT: WE HAD A STRONG SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1219 WITH OUR 22 CENT LOSS SILVER PRICING AT THE COMEX// WEDNESDAY  THE CME NOTIFIED US THAT WE HAD A  FAIR SIZED EFP ISSUANCE OF  451 CONTRACTS( 451 CONTRACTS ISSUED FOR MAR AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH  EXITED OUT OF THE SILVER COMEX  TO LONDON  AS FORWARDS    THE DOMINANT FEATURE TODAY:/ AS WELL AS TODAY /HUGE BANKER SHORT COVERING AS THEY GET OUT OF DODGE//// WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR DEC OF 47.535 MILLION OZ FOLLOWED BY TODAY’S 175,000 QUEUE JUMP TO LONDON .. WE HAD STRONG SIZED LOSS OF 768 OI CONTRACTS ON THE TWO EXCHANGES FOR 3.84 MILLION OZ//

WE HAD 38 NOTICES FILED TODAY FOR 190.000 OZ

GOLD//OUTLINE

IN GOLD, THE COMEX OPEN INTEREST FELL BY A FAIR SIZED 3764 TO 505,148 , AND FURTHER FROM  OUR NEW RECORD (SET JAN 24/2020) AT 799,541 AND  PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.

THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: -1098  CONTRACTS

.

THE FAIR SIZED DECREASE IN COMEX OI CAME WITH OUR LOSS IN PRICE OF $5.00//COMEX GOLD TRADING/WEDNESDAY/.AS IN SILVER WE MUST HAVE HAD HUGE BANKER/ALGO SHORT COVERING ACCOMPANYING OUR SMALL SIZED EXCHANGE FOR PHYSICAL ISSUANCE. WE HAD SOME LONG LIQUIDATION  AS THE TOTAL LOSS ON OUR TWO EXCHANGES TOTALLED A FAIR SIZED 2352 CONTRACTS… 

WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR DEC AT 98.000 TONNES, FOLLOWED BY TODAY’S STRONG QUEUE JUMP OF 18,500 OZ//, NEW STANDING 112.217 TONNES      

YET ALL OF..THIS HAPPENED WITH OUR LOSS IN PRICE OF $5.00 WITH RESPECT TO WEDNESDAY’S TRADING

WE HAD  A FAIR SIZED LOSS OF 2352  OI CONTRACTS (7.315 PAPER TONNES) ON OUR TWO EXCHANGES

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALLED A SMALL SIZED 1412 CONTRACTS:

FOR FEB 1412  ALL OTHER MONTHS ZERO//TOTAL: 1412 

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 505,148.

IN ESSENCE WE HAVE A  FAIR SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO CONTRACTS OF 2352, WITH 3764 CONTRACTS DECREASED AT THE COMEX AND 1412 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS  TOTAL OI LOSS ON THE TWO EXCHANGES OF 2352 CONTRACTS OR 7.315 TONNES.

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

WE HAD A SMALL SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (1412) ACCOMPANYING THE FAIR SIZED LOSS IN COMEX OI (3764): TOTAL LOSS IN THE TWO EXCHANGES 2352 CONTRACTS. WE NO DOUBT HAD 1) HUGE BANKER SHORT COVERING ,2.) HUGE INITIAL STANDING AT THE GOLD COMEX FOR DEC. AT 98.000 TONNES/FOLLOWED BY TODAY’S QUEUE JUMP OF 18,500  OZ TO LONDON////NEW STANDING OF 112.217TONNES//.  3)SOME LONG LIQUIDATION,4)  FAIR SIZED COMEX OI LOSS 5) SMALL ISSUANCE OF EXCHANGE FOR PHYSICAL

SPREADING OPERATIONS

(/NOW SWITCHING TO GOLD) FOR NEWCOMERS, HERE ARE THE DETAILS

SPREADING LIQUIDATION HAS NOW COMMENCED   AS WE HEAD TOWARDS THE  NEW ACTIVE FRONT MONTH OF NOV.WE ARE NOW INTO THE SPREADING OPERATION OF GOLD

HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR ;MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF OCT HEADING TOWARDS THE  ACTIVE DELIVERY MONTH OF NOV, FOR GOLD:

YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST  STARTS TO RISE BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING  ACTIVE DELIVERY MONTH (DEC), AND THAT IS WHEN THE CROOKS SELL THEIR SPREAD POSITIONS BUT NOT AT THE SAME TIME OF THE DAY.  THEY WILL USE THE SELL SIDE OF THE EQUATION TO CREATE THE CASCADE (ALONG WITH THEIR COLLUSIVE FRIENDS) AND THEN COVER ON THE BUY SIDE OF THE SPREAD SITUATION AT THE END  OF THE DAY. THEY DO THIS TO AVOID POSITION LIMIT DETECTION. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE.”

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2021 INCLUDING TODAY

DEC

ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF DEC : 45,108 CONTRACTS OR 4,510,800 oz OR 140.30 TONNES (22 TRADING DAY(S) AND THUS AVERAGING: 2050 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE  SIZE OF THESE EFP TRANSFERS :  THIS MONTH IN 22 TRADING DAY(S) IN  TONNES: 140.30 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2020, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES

THUS EFP TRANSFERS REPRESENTS  140.30/3550 x 100% TONNES  3.94% OF GLOBAL ANNUAL PRODUCTION

ACCUMULATION OF GOLD EFP’S YEAR 2021 TO DATE 

JANUARY: 265.26 TONNES (RAPIDLY INCREASING AGAIN)

 FEB  :  171.24 TONNES  ( DEFINITELY SLOWING DOWN AGAIN).. 

MARCH:.   276.50 TONNES (STRONG AGAIN/

APRIL:      189..44 TONNES  ( DRAMATICALLY SLOWING DOWN AGAIN//GOLD IN BACKWARDATION)

MAY:        250.15 TONNES  (NOW DRAMATICALLY INCREASING AGAIN)

JUNE:      247.54 TONNES (FINAL)

JULY:        188.73 TONNES FINAL

AUGUST:   217.89 TONNES FINAL ISSUANCE.

SEPT          142.12 TONNES FINAL ISSUANCE ( LOW ISSUANCE)_

OCT:           141.13 TONNES FINAL ISSUANCE (LOW ISSUANCE)

NOV:           312.46 TONNES FINAL ISSUANCE//NEW RECORD!! (INCREASING DRAMATICALLY)//SIGN OF REAL STRESS//SURPASSING THE MARCH 2021 RECORD OF 276.50 TONNES OF EFP

DEC.           140.30 TONNES//INITIAL ISSUANCE// 

WHAT IS ALARMING TO ME, ACCORDING TO OUR LONDON EXPERT ANDREW MAGUIRE IS THAT THESE EFP’S ARE BEING TRANSFERRED TO WHAT ARE CALLED SERIAL FORWARD CONTRACT OBLIGATIONS AND THESE CONTRACTS ARE LESS THAN 14 DAYS.  ANYTHING GREATER THAN 14 DAYS, THESE MUST BE RECORDED AND SENT TO THE COMPTROLLER, GREAT BRITAIN TO MONITOR RISK TO THE BANKING SYSTEM.  IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFP’S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE

First, here is an outline of what will be discussed tonight:

1.Today, we had the open interest at the comex, in SILVER, FELL BY A STRONG SIZED 1219 CONTRACTS TO 140,027  AND CLOSER TO OUR COMEX RECORD //244,710(SET FEB 25/2020).  THE LAST RECORDS WERE SET  IN AUG.2018 AT 244,196 WITH A SILVER PRICE OF $14.78/(AUGUST 22/2018)..THE PREVIOUS RECORD TO THAT WAS SET ON APRIL 9/2018 AT 243,411 OPEN INTEREST CONTRACTS WITH THE SILVER PRICE AT THAT DAY: $16.53). AND PREVIOUS TO THAT, THE RECORD  WAS ESTABLISHED AT: 234,787 CONTRACTS, SET ON APRIL 21.2017 OVER  4 1/2 YEARS AGO.  

EFP ISSUANCE 451 CONTRACTS

OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS  AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:

MAR 451  ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE:  451 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON.  IF WE TAKE THE  COMEX OI LOSS OF 1167 CONTRACTS AND ADD TO THE 451 OI TRANSFERRED TO LONDON THROUGH EFP’S,

WE OBTAIN A STRONG SIZED LOSS OF 768 OPEN INTEREST CONTRACT FROM OUR TWO EXCHANGES.

THUS IN OUNCES, THE LOSS ON THE TWO EXCHANGES 3.84 MILLION  OZ, 

OCCURRED WITH OUR $0.22 LOSS IN PRICE. 

1/COMEX GOLD AND SILVER REPORT

(report Harvey)

2 ) Gold/silver trading overnight Europe,

(Peter Schiff, Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com,

3. ASIAN AFFAIRS

i)THURSDAY MORNING WEDNESDAY  NIGHT

SHANGHAI CLOSED UP 22.19 PTS OR  0.62%     //Hang Sang CLOSED UP 25.47 PTS OR 0.11% /The Nikkei closed DOWN 115.17 PTS OR 0.40%%     //Australia’s all ordinaires CLOSED UP 0.04% /Chinese yuan (ONSHORE) closed DOWN  6.3735   /Oil UP 76.18 dollars per barrel for WTI and UP TO 78.93 for Brent. Stocks in Europe OPENED  ALL GREEN    //  ONSHORE YUAN CLOSED  DOWN AT 6.3735 AGAINST THE DOLLAR. OFFSHORE YUAN CLOSED DOWN ON THE DOLLAR AT 6.3746: /ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST USA DOLLAR/OFFSHORE YUAN TRADING WEAKER AGAINST THE DOLLAR /TRADE DEAL NOW DEAD..TRUMP  RAISED RATES TO 25

A)NORTH KOREA//USA/OUTLINE

b) REPORT ON JAPAN

OUTLINE

3 C CHINA

OUTLINE

4/EUROPEAN AFFAIRS

OUTLINE

5. RUSSIAN AND MIDDLE EASTERN AFFAIRS

OUTLINE

6.Global Issues

OUTLINE

7. OIL ISSUES

OUTLINE

8 EMERGING MARKET ISSUES

COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS

GOLD

LET US BEGIN:

THE TOTAL COMEX GOLD OPEN INTEREST FELL BY A FAIR SIZED 3764 CONTRACTS  AND FURTHER FROM THE RECORD THAT WAS SET IN JANUARY/2020: {799,541  OI(SET JAN 16/2020)} AND  PREVIOUS TO THAT: 797,110 (SET JAN 7/2020). AND THIS COMEX DECREASE OCCURRED WITH OUR LOSS OF $5.00 IN GOLD PRICING WEDNESDAY’S COMEX TRADING. WE ALSO HAD A SMALL EFP ISSUANCE (1426 CONTRACTS). . THEY WERE PAID HANDSOMELY  NOT TO TAKE DELIVERY AT THE COMEX AND SETTLE FOR CASH. LOOKS LIKE OUR BANKERS ARE FINALLY BAILING OUT

WE NORMALLY HAVE WITNESSED  EXCHANGE FOR PHYSICALS ISSUED BEING SMALL AS IT JUST TOO COSTLY FOR THEM TO CONTINUE SERVICING THE COSTS OF SERIAL FORWARDS CIRCULATING IN LONDON. HOWEVER, MUCH TO THE ANNOYANCE OF OUR BANKERS, THE COMEX IS THE SCENE OF AN ASSAULT ON GOLD AS LONDONERS, NOT BEING ABLE TO FIND ANY PHYSICAL ON THAT SIDE OF THE POND, EXERCISE THESE CIRCULATING EXCHANGE FOR PHYSICALS IN LONDON AND FORCING DELIVERY OF REAL METAL OVER HERE AS THE OBLIGATION STILL RESTS WITH NEW YORK BANKERS. IT SEEMS THAT ARE BANKERS FRIENDS ARE EXERCISING EFP’S FROM LONDON AND NOW THEY ARE LOATHE TO ISSUE NEW ONES.

EXCHANGE FOR PHYSICAL ISSUANCE

WE ARE NOW MOVING TO THE  ACTIVE DELIVERY MONTH OF DEC..  THE CME REPORTS THAT THE BANKERS ISSUED A SMALL SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,

THAT IS 1412 EFP CONTRACTS WERE ISSUED:  ;: ,  DEC  :  0  & FEB. 1412 & ZERO FOR ALL OTHER MONTHS:

TOTAL EFP ISSUANCE:  1412 CONTRACTS 

WHEN WE HAVE BACKWARDATION,  EFP ISSUANCE IS VERY COSTLY BUT THE REAL PROBLEM IS THE SCARCITY OF METAL AND IT IS FAR BETTER FOR OUR BANKERS TO PAY OFF INDIVIDUALS THAN RISK INVESTORS ESPECIALLY FROM LONDON STANDING FOR DELIVERY. THE LOWER PRICES IN THE FUTURES MARKET IS A MAGNET FOR OUR LONDONERS SEEKING PHYSICAL METAL. BACKWARDATION ALWAYS EQUAL SCARCITY OF METAL!

ON A NET BASIS IN OPEN INTEREST WE LOST THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A FAIR SIZED 2352  TOTAL CONTRACTS IN THAT 1412 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE HAD A FAIR LOSS OD  COMEX OI OF 3764  CONTRACTS..

// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING FOR DEC   (112.217),

 HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 9 MONTHS OF 2021:

NOV.  8.074 TONNES

OCT.    57.707 TONNES

SEPT: 11.9160 TONNES

AUGUST: 80.489 TONNES

JULY: 7.2814 TONNES

JUNE:  72.289 TONNES

MAY 5.77 TONNES

APRIL  95.331 TONNES

MARCH 30.205 TONNES

FEB. 113.424 TONNES

JAN: 6.500 TONNES.

TOTAL SO FAR THIS YEAR (JAN- NOV): 488.996 TONNES

THE BANKERS WERE SUCCESSFUL IN LOWERING GOLD’S PRICE  //// (IT FELL $5.00)

AND THEY WERE  SUCCESSFUL IN FLEECING SOME  LONGS AS THE TOTAL LOSS ON THE TWO EXCHANGES REGISTERED 7.315 TONNES, ACCOMPANYING OUR HUGE GOLD TONNAGE STANDING FOR DEC (112.217 TONNES)…

WE HAD – 1098 CONTRACTS REMOVED FROM COMEX TRADES. THESE WERE REMOVED AFTER TRADING ENDED LAST NIGHT

NET LOSS ON THE TWO EXCHANGES 2352 CONTRACTS OR 235,200 OZ OR 7.315 TONNES

Estimated gold volume today: 113,518 extremely poor

Confirmed volume on Friday: 143,902 contracts extremely poor

INITIAL STANDINGS FOR DEC COMEX GOLD DEC 30

GoldOunces
Withdrawals from Dealers Inventory in oznil oz
Withdrawals from Customer Inventory in oz 32,794.020 ozBrinks
1020 kilobars
                                                                                                                            
Deposit to the Dealer Inventory in oznilOZ            
Deposits to the Customer Inventory, in oz      nil                                                
No of oz served (contracts) today195  notice(s)19,500 OZ0.6065 TONNES
No of oz to be served (notices)0 contracts  0 oz 0.000 TONNES  
Total monthly oz gold served (contracts) so far this month36,078 notices 3,607,800 OZ112.217 TONNES  
Total accumulative withdrawals of gold from the Dealers inventory this monthNIL oz
Total accumulative withdrawal of gold from the Customer inventory this monthxxx oz

DEC 30 COMEX INVENTORY MOVEMENTS//AMOUNTS STANDING

For today:

No dealer deposit 0

No dealer withdrawal 0

No customer deposit 0

1 customer withdrawal

i) out of Brinks:  32,794.020 oz (1020 kilobars_

ADJUSTMENTS 0 

CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR DECEMBER.

For the front month of DECEMBER we have an oi of 195 stand for December. for a GAIN  of 120 contracts.  We had 65 notices filed on WEDNESDAY so we GAINED A STRONG 185  contracts or an additional 18,500 oz will stand for delivery in this very active delivery month of December as our bankers search out for badly needed physical gold over on this side of the pond.    

JANUARY LOST 77 CONTRACTS TO STAND AT 1138

FEBRUARY LOST 5301 CONTRACTS TO 377,478

We had 195 notice(s) filed today for 19500  oz FOR THE DEC 2021 CONTRACT MONTH


Today, 35 notice(s) were issued from J.P.Morgan dealer account and 100 notices were issued from their client or customer account. The total of all issuance by all participants equates to 195  contract(s) of which 0  notices were stopped (received) by j.P. Morgan dealer and  127 notice(s) was (were) stopped/ Received) by J.P.Morgan//customer account and 0  notice(s) received (stopped) by the squid  (Goldman Sachs)

To calculate the INITIAL total number of gold ounces standing for the DEC /2021. contract month, 

we take the total number of notices filed so far for the month (36,078) x 100 oz , to which we add the difference between the open interest for the front month of  (DEC: 195 CONTRACTS ) minus the number of notices served upon today  195 x 100 oz per contract equals 3,589,300 OZ  OR 111.642 TONNES the number of TONNES standing in this active month of DEC.  

thus the INITIAL standings for gold for the DEC contract month:

No of notices filed so far (36,078) x 100 oz+   (195)  OI for the front month minus the number of notices served upon today (195} x 100 oz} which equals 3,607,800 oz standing OR 112.212 TONNES in this  active delivery month of DEC. 

This is a huge delivery for December.

We GAINED 185 contracts or an additional 18,500 oz WILL STAND FOR GOLD OVER HERE 

TOTAL COMEX GOLD STANDING:  112.217 TONNES 

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

COMEX GOLD INVENTORIES/CLASSIFICATION

NEW PLEDGED GOLD:

206,468.649, oz NOW PLEDGED /HSBC  6.42 TONNES

174,041.813 PLEDGED  MANFRA 5.41 TONNES

54,339.114oz PLEDGED JPMorgan no 1  1.690

288,481,604, oz  JPM No 2  8.97 TONNES

698,821.330 oz pledged June 12/2020 Brinks/27,96 TONNES

12,244.444 oz International Delaware:  0..3808 tonne

Loomis: 18,615.429 oz

total pledged gold:  1,653,017.372oz                                     51.42 tonnes

TOTAL REGISTERED AND ELIZ GOLD AT THE COMEX: 33,811,879.954 OZ (1051.69 TONNES)

TOTAL ELIGIBLE GOLD: 16,132,286.250 OZ (501.78 tonnes)

TOTAL OF ALL REGISTERED GOLD: 17,679,593.104 OZ  (549.909 tonnes)

REGISTERED GOLD THAT CAN BE SERVED UPON: 16,026,574,0 OZ (REG GOLD- PLEDGED GOLD)  498.49 tonnnes

I have compiled  data with respect to registered (or dealer) gold taken on first day notice for each of the past 24 months

The data begins on first day notice for the May month taken on the last day of July 2018. and it continues to present day.

I then took, how many deliveries were recorded by the CME for each and every month.  I also included for reference the price of gold on first day notice.

The first graph is a logarithmic  graph and the second graph, linear.

You can see the huge explosion of registered gold at the comex along with deliveries.  THE DATA AND GRAPHS:  

END

SILVER COMEX DEC 30/2021

SilverOunces
Withdrawals from Dealers InventoryNIL oz
Withdrawals from Customer Inventory32,256.200  oz DelawareCNT
                                                                                                                        
Deposits to the Dealer InventorynilOZ                   
Deposits to the Customer Inventorynil oz                                                                                   
No of oz served today (contracts)38 CONTRACT(S)190,000  OZ) 
No of oz to be served (notices)0 contracts (NIL oz)
Total monthly oz silver served (contracts)9197 contracts 45,985,000 oz)
Total accumulative withdrawal of silver from the Dealers inventory this monthNIL oz
Total accumulative withdrawal of silver from the Customer inventory this month

And now for the wild silver comex results

we had 0 deposits into the dealer

total dealer deposits:  nil       oz

i) We had 0 dealer withdrawal

total dealer withdrawals: nil oz

We had 0 deposit to the customer account:

JPMorgan has a total silver weight: 184.663 million oz/355.754 million =51.89% of comex 

ii) Comex withdrawals:

a) Delaware  2000.900 oz

b) CNT:  30,255,300 oz

total withdrawal  32,256.200 oz

we had 5 adjustments dealer to customer:1) Brinks  1,791,965.910 oz

2) CNT  446,584.670 oz

3) HSBC  1020,375.500 oz

4) Int. Delaware; 58,830.890 oz’

5) Manfra  3,473,685.367 oz

total transfer to dealer 6.861 million oz ( to be used in the delivery process)

the silver comex is in stress!

TOTAL REGISTERED SILVER: 82.241 MILLION OZ

TOTAL REG + ELIG. 355.722 MILLION OZ

TOTAL NO OF CONTRACTS SERVED UPON THIS MONTH: 9019 CONTRACTS FOR 45,095,000 OZ

CALCULATION OF SILVER OZ STANDING FOR DECEMBER

For the front month of DECEMBER we have an amount of silver standing AT 38 CONTRACTS for a LOSS of 105 contracts. We had 140 notice filed on WEDNESDAY, so we GAINED 35  contracts  or an additional 175,000 oz will  stand for delivery in this very active delivery month of December.

JANUARY LOST 64 CONTRACTS TO STAND AT 2223

FEBRUARY GAINED 46 CONTRACTS TO STAND AT 256  

NUMBER OF NOTICES FILED TODAY: 38 NOTICES OR 700,000 OZ

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

silver open interest data:

Total oi for the silver complex: 140,079 contracts LOSING 1167 contracts on the day

FRONT MONTH OF DEC OI: 38 CONTRACTS LOSING 105 contracts on the day.

TOTAL NO OF CONTRACTS SERVED UPON THIS MONTH: 9197 CONTRACTS FOR 45,985,000 OZ

Comex volumes: 29,877 poor (est. today)

Comex volume: confirmed TUESDAY: 41,199 contracts (poor)

To calculate the number of silver ounces that will stand for delivery in DEC. we take the total number of notices filed for the month so far at  9197 x 5,000 oz =. 45,985,000 oz 

to which we add the difference between the open interest for the front month of DEC (38) and the number of notices served upon today 38 x (5000 oz) equals the number of ounces standing.

Thus the  standings for silver for the DEC./2021 contract month: 9197 (notices served so far) x 5000 oz + OI for front month of DEC (38)  – number of notices served upon today (38) x 5000 oz of silver standing for the DEC contract month equates 45,985,000 oz. .

WE GAINED 38 CONTRACTS OR AN ADDITIONAL 175,000 OZ WILL STAND FOR DELIVERY

the record level of silver open interest is 234,787 contracts set on April 21./2017 with the price on that day at $18.42. The previous record was 224,540 contracts with the price at that time of $20.44

END

GLD AND SLV INVENTORY LEVELS:

GLD

DEC 30/WITH GOLD UP $7.75 NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 975.66 TONNES

DEC 29/WITH GOLD DOWN $5.00 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 2.03 TONNES OF GOLD INTO THE GLD////INVENTORY RESTS AT 975.66 TONNES

DEC 28/WITH GOLD UP $2.00 TODAY; NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 973.63 TONNES 

DEC 27/WITH GOLD DOWN $2.05: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 973.63 TONNES.

DEC 23/WITH GOLD UP $9.85 TODAY//A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 4.94 TONNES FROM THE GLD/// INVENTORY RESTS AT 973.63 TONNES

DEC 22/WITH GOLD UP $12.85 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 978.57 TONNES

DEC 21/WITH GOLD DOWN $7.05 TODAY, NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 978.57 TONNES

DEC 20/WITH GOLD DOWN $9.65 TODAY; A BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 1.37 TONNES INTO THE GLD///INVENTORY RESTS AT 977.20 TONNES

DEC 17/WITH GOLD UP $7.05 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 977.20 TONNES

DEC 16/WITH GOLD UP $33.05TODAY; A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.4 TONNES FROM THE GLD////INVENTORY REST AT: 977.20 TONNES

DEC15/WITH GOLD DOWN $7.80 TODAY/ A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.04 TONNES FROM THE GLD////INVENTORY RESTS AT 980.60 TONNES.

DEC 14/WITH GOLD DOWN $18.00 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 982.64 TONNES

DEC 13/WITH GOLD UP $3.20 TODAY/NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 982.64 TONNES

DEC 10.WITH GOLD UP $7.30 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 982.64 TONNES

DEC 9/WITH GOLD DOWN $9.10 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 982.64.

DEC 8/WITH GOLD UP $5.50 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 984.38 TONNES

DEC 7/WITH GOLD UP $5.15 TODAY; A HUGE  CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.74 TONNES OF GOLD FROM THE GLD////INVENTORY RESTS AT 984.38 TONNES

DEC 6/WITH GOLD DOWN $3.90 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 986.17 TONNES//

DEC 3/WITH GOLD UP $20.35 TODAY; A HUGE CHANGE IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.85 TONNES FROM THE GLD///INVENTORY RESTS AT 986.17 TONNES

DEC 2/WITH GOLD DOWN $19.80 TODAY; A HUGE  CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.83 TONNES FROM THE GLD///INVENTORY RESTS AT 990.82 TONNES

DEC 1/WITH GOLD UP $7.05 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD/INVENTORY RESTS AT 992.85 TONNES

NOV 30/WITH GOLD DOWN $8.70 TODAY; NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESS AT 992.85 TONNES.

XXXXXXXXXXXXXXXXXXXXXXXXX

Inventory rests tonight at:

DEC 30/ GLD INVENTORY 975.66 tonnes

SLV

Now the SLV Inventory/( vehicle is a fraud as there is no physical metal behind them

DEC30/WITH SILVER UP 14 CENTS TODAY; HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A HUGE WITHDRAWAL OF 4.624 MILLILON OZ FROM THE SLV.//INVENTORY RESTS AT 533.057 MILLION OZ//

DEC 29/WITH SILVER DOWN 22 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 537.681 MILLION OZ/

DEC 28/WITH SILVER UP 9 CENTS TODAY; A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.682 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 537.681 MILLION OZ//

DEC 27/WITH SILVER UP 6 CENTS TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 537.681

DEC 23/WITH SILVER UP 19 CENTS TODAY:A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.202 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 537.681 MILLION OZ//

DEC 22/WITH SILVER UP 29 CENTS TODAY; A HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.202 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 538.883 MILLION OZ/

DEC 21/WITH SILVER UP 19 CENTS: A BIG CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.728 MILLION OZ INTO THE SLV///INVENTORY RESTS AT 540.085 MILLION OZ

DEC 20/WITH SILVER DOWN 22 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 538.282 MILLION OZ

DEC 17/WITH SILVER UP 9 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV/INVENTORY RESTS AT 538.282 MILLION OZ//

DEC 16/WITH SILVER UP 91 CENTS TODAY; A HUGE CHANGE IN SILVER INVENTORY AT THE SLV// A WITHDRAWAL OF 3.33 MILLION OZ FROM THE SLV//INVENTORY REST AT 538.282 MILLION OZ

DEC  15WITH SILVER DOWN 38 CENTS TODAY; A HUGE CHANGE IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 2.48 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 541.612 MILLION OZ

DEC 14/WITH SILVER DOWN 38 CENTS TODAY; NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 543.092 MILLION OZ

DEC 13/WITH SILVER UP 11 CENTS TODAY; A HUGE CHANGES IN SILVER INVENTORY AT THE SLV:A WITHDRAWAL OF 3.561 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 543.092 MILLION OZ//

DEC 10.WITH SILVER UP 19 CENTS TODAY; NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 546.653 MILLION OZ..

DEC 9/WITH SILVER DOWN 43 CENTS TODAY; A HUGE CHANGE IN SILVER INVENTORY AT THE SLV// A DEPOSIT OF 2.96 MILLION OZ INTO THE SLV///INVENTORY RESTS AT 546.653 MILLION OZ/

DEC 8/WITH SILVER DOWN 7 CENTS TODAY; NO CHANGE IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 543.693 MILLION OZ///

DEC 7/WITH SILVER UP 24 CENTS TODAY: NO CHANGE IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 543.693 MILLION OZ..

DEC 6/WITH SILVER DOWN 25 CENTS TODAY; A HUGE CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.110 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 543.693 MILLION OZ//

DEC 3/WITH SILVER UP 21  CENTS TODAY; A BIG CHANGE IN SILVER INVENTORY AT THE SLV:A WITHDRAWAL OF 3.199 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 544.803 MILLION OZ//

DEC 2/WITH SILVER DOWN 6 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 548.002 MILLION OZ.

DECM 1/WITH SILVER DOWN 44 CENTS TODAY: A SMALL CHANGE IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 740,000 OZ FROM THE SLV////INVENTORY RESTS AT 548.002 MILLION OZ//

NOV 30/WITH SILVER DOWN 3 CENTS TODAY; A SMALL CHANGES IN SILVER INVENTORY AT THE SLV// A WITHDRAWAL OF .555 MILLION OZ FORM THE SLV//INVENTORY RESTS AT 548.742 MILLION OZ///

CLOSING INVENTORY:  533.057 MILLION OZ//

PHYSICAL GOLD/SILVER STORIES

PETER SCHIFF

end

LAWRIE WILLIAM//,//Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com,James  RICKARDS

END

Important gold commentaries courtesy of GATA/Chris Powell

Barisheff and Butler detail why gold and silver should be soaring

Submitted by admin on Tue, 2021-12-28 23:04 Section: Daily Dispatches

But will mining companies ever wonder why the metals aren’t soaring?

* * *

11:04p ET Tuesday, December 28, 2021

Dear Friend of GATA and Gold:

In his new essay, “The Perfect Storm for Gold,” Nick Barisheff of Canadian gold fund manager BMG Group itemizes all the reasons gold should be soaring, and, indeed, should have been soaring for many years now. 

Barisheff’s analysis is headlined “The Perfect Storm for Gold” and it’s posted at BMG Group’s internet site here:

Over at SilverSeek, whistleblower Ted Butler argues that the most recent report from the U.S. Office of the Comptroller of the Currency on silver derivative positions is extremely bullish for the metal, though you’re more likely to make money betting that those in control of the market will make sure that the report means nothing and that it won’t prompt silver mining company executives to ask any critical questions either..

Butler’s analysis is headlined “Another Stunning OCC Report” and it’s posted at GoldSeek’s companion site, SilverSeek, here:

https://silverseek.com/article/another-stunning-occ-report

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

* * *These reasons are known to GATA supporters only too well and they may be worth listing only on the chance of provoking gold mining company executives to put to governments and central banks a few critical questions about why gold is not soaring.

END

China is on a hoarding spree

a good article

(Dong/EpochTimes/GATA)

China is hoarding strategic commodities, many supplied by U.S.

Submitted by admin on Wed, 2021-12-29 11:06 Section: Daily Dispatches

By Frank Dong
The Epoch Times, New York
Tuesday, December 28, 2021

China seems to be on a “hoarding spree,” stockpiling strategic commodities from chips, minerals, to grains and cotton. In these global purchases, the United States is one of its largest suppliers.

Beijing has been hoarding chips. Industry experts believe China’s nationwide hoarding played a role in the global chip shortage. In fact, China’s State Administration for Market Regulation in August launched a probe into hoarding and other speculative practices as the regime found it disrupted its own market.

It also prompted the U.S. Commerce Department to request global major semiconductor manufacturers to provide their sales data in September. The information it sought included who were the top three buyers of the firms’ products in each of the last three years. Some analysts said Washington needed the data to figure out to what extent China’s storing caused the chip scarcity.

China began hoarding chips in 2019 when the Trump administration imposed sanctions on its telecom giant Huawei. Fearing they could be next, Chinese companies, many of which are state-run, purchased a large number of chips enough to cover their needs for the next few years. …

… For the remainder of the report:

https://www.theepochtimes.com/china-is-hoarding-strategic-commodities-many-supplied-by-us_4182133.html

END

the cost of smuggled gold

(Bloomberg News/GATA)

Dubai can’t shake off the stain of smuggled African gold

Submitted by admin on Wed, 2021-12-29 11:12 Section: Daily Dispatches

By Simon Marks, Michael Kavanagh, and Verity Ratcliffe
Bloomberg News
via Yahoo News, Sunnyvale, California

In the moon-like landscape of northern Sudan, informal gold miners toil with spades and pickaxes to extract their prize from shallow pits that pockmark the terrain.

Mining ore in the sweltering heat of the Nubian desert is the first stage of an illicit network that has exploded in the past 18 months following a pandemic-induced spike in the gold price. African governments desperate to recoup lost revenue are looking to Dubai to help stop the trade.

Interviews with government officials across Africa reveal smuggling operations that span at least nine countries and involve tons of gold spirited over borders. 

That’s a cause for international concern because the funds from contraband minerals dealing in Africa fuel conflict, finance criminal and terrorist networks, undermine democracy and facilitate money laundering, according to the Organisation for Economic Cooperation and Development.

While it’s impossible to say precisely how much is lost to smugglers each year, United Nations trade data for 2020 show a discrepancy of at least $4 billion between the United Arab Emirates’ declared gold imports from Africa and what African countries say they exported to the UAE. …

… For the remainder of the report:

https://www.yahoo.com/now/dubai-t-shake-off-stain-050114473.html

END

OTHER GOLD COMMENTARIES

Very important as this article shows how central banks are accelerating their focus from dollar assets to physical gold

(Asia.Nikkei.com)

Central banks accelerate shift from dollar to gold worldwide – Nikkei Asia

Inbox

douglas cundey9:53 PM (1 hour ago)
to Chris, William, Bill, rkirby, me

https://asia.nikkei.com/Spotlight/Datawatch/Central-banks-accelerate-shift-from-dollar-to-gold-worldwide

end

OTHER COMMODITIES/LUMBER

END 

CRYPTOCURRENCIES/

END

Your early  currency/gold and silver pricing/Asian and European bourse movements/ and interest rate settings THURSDAY morning 7:30 AM

ONSHORE YUAN: 6.3735

OFFSHORE YUAN: 6.3746

HANG SANG CLOSED UP 25.47 PTS OR 0.11%

2. Nikkei closed DOWN 115.17 PTS OR 0.40% 

3. Europe stocks  ALL GREEN  

USA dollar INDEX DOWN TO  95.93/Euro FALLS TO 1.1342-

3b Japan 10 YR bond yield: RISES TO. +.072/ !!!!(Japan buying 100% of bond issuance)/Japanese yen vs usa cross now at 115.07/ THIS IS TROUBLESOME AS BANK OF JAPAN IS RUNNING OUT OF BONDS TO BUY./JAPAN 10 YR YIELD IS NOW TARGETED AT .11%/JAPAN LOSING CONTROL OF THEIR BOND MARKET//

3c Nikkei now  ABOVE 17,000

3d USA/Yen rate now well below the important 120 barrier this morning

3e WTI:: 76.18 and Brent: 78.93-

3f Gold DOWN/JAPANESE Yen DOWN CHINESE YUAN:   ON -SHORE CLOSED DOWN//  OFF- SHORE  DOWN

3g Japan is to buy the equivalent of 108 billion uSA dollars worth of bond per month or $1.3 trillion. Japan’s GDP equals 5 trillion usa./“HELICOPTER MONEY” OFF THE TABLE FOR NOW /REVERSE OPERATION TWIST ON THE BONDS: PURCHASE OF LONG BONDS AND SELLING THE SHORT END

Japan to buy 100% of all new Japanese debt and by 2018 they will have 25% of all Japanese debt. Fifty percent of Japanese budget financed with debt.

3h Oil UP for WTI and UP FOR Brent this morning

3i European bond buying continues to push yields lower on all fronts in the EMU. German 10yr bund RISES TO -.0.193%/Italian 10 Yr bond yield RISES to 1.15% /SPAIN 10 YR BOND YIELD RISES TO 0.55%…ITALIAN 10 YR BOND YIELD/GERMAN BUND: 1.34: DANGEROUS FOR THE ITALIAN BANKING SYSTEM

3j Greek 10 year bond yield FALLS TO : 1.31

3k Gold at $1801.50 silver at: 22.83   7 am est) SILVER NEXT RESISTANCE LEVEL AT $30.00

3l USA vs Russian rouble; (Russian rouble DOWN 97/100 in roubles/dollar) 74.92

3m oil into the 76 dollar handle for WTI and 78 handle for Brent/

3n Higher foreign deposits out of China sees huge risk of outflows and a currency depreciation. This can spell financial disaster for the rest of the world/

JAPAN ON JAN 29.2016 INITIATES NIRP. THIS MORNING THEY SIGNAL THEY MAY END NIRP. TODAY THE USA/YEN TRADES TO 115.07 DESTROYING JAPANESE CITIZENS WITH HIGHER FOOD INFLATION

30 SNB (Swiss National Bank) still intervening again in the markets driving down the FRANC. It is not working: USA/SF this morning .9141 as the Swiss Franc is still rising against most currencies. Euro vs SF 1.0367 well above the floor set by the Swiss Finance Minister. Thomas Jordan, chief of the Swiss National Bank continues to purchase euros trying to lower value of the Swiss Franc.

USA 10 YR BOND YIELD: 1.535 DOWN 2 BASIS PTS

USA 30 YR BOND YIELD: 1.945 DOWN 2 BASIS PTS

USA DOLLAR VS TURKISH LIRA: 12.99

Futures Rise, Eye 71st All-Time High

 THURSDAY, DEC 30, 2021 – 08:03 AM

After closing at a fresh all time high on Wednesday, its 70th high for the year, which is the most new highs for the index since the 77 it set in 1995 (it’s unlikely to surpass that cumulative total in the year’s remaining two sessions), S&P futures are rising again on very light volume, up 0.2% or 8.50 to 4,793 and on pace for yet another all time high. Nasdaq futures were up 0.24% and Dow futures were higher by 50 points, or 0.14% to 36,432, on pace for a new all time high after the index set its first record close since Nov. 8 on Wednesday. Treasury yields trimmed an advance as did the dollar; oil was lower while cryptos rebounded from post-Christmas tax-loss mauling.

Stocks rose after federal health officials, who suggested omicron may cause less suffering than other strains, said virus deaths are declining even as cases increase. In premarket trading, Biogen shares fell more than 6% after Samsung Group denied a Korean media report that the drugmaker was in talks to sell itself to the company. Some other notable premarket movers include:

  • Meme stock Naked Brand (NAKD US) extended gains in post- and pre-market trading, adding to its 15% gain from Wednesday’s session.
  • FuelCell (FCEL US) traded lower in premarket, adding to losses after the company posted fiscal fourth-quarter results. Craig-Hallum analyst Eric Stine raised the recommendation on the stock to hold from sell.
  • Tesla (TSLA) dipped as much as 1.5% premarket after the EV-car maker filed a recall of 356,309 U.S. vehicles saying the rearview camera cable harness may be damaged by the opening and closing of the trunk lid, preventing the rearview camera image from displaying, increasing the risk of a crash, NHTSA says in a statement dated December 21, 2021.

With just two trading sessions left and as the year draws to a close, investors are contemplating the implications of the fast-spreading omicron coronavirus variant, decreasing stimulus and elevated inflation stoked by supply-chain bottlenecks which may get much worse if China is again forced to lock down its key ports. Key questions include whether Treasury yields will push higher and how much impetus is left in the equity bull market.

“Despite global surges in Covid cases, the markets are reflecting the new reality that Covid is here to stay albeit more on our terms than its,” Kevin Philip, managing director at Bel Air Investment Advisors, said in an email. Next year, “we are facing less of a Covid-influenced world, and a return toward normalcy,” he said.

In other covid news, the number of Covid-19 cases soared 32% to a record 1.73 million on Wednesday, marking the third day in a row with more than a million new infections worldwide. Cathay Pacific Airways plans to scrap Hong Kong flights as the city tightens quarantine rules for aircrew. Meanwhile, countries including Italy and Australia are dialing back their Covid curbs in an effort to keep essential services running, support their economies and allow people to connect. More evidence is emerging that omicron may be less dangerous, particularly in vaccinated people, as virus deaths in the U.S. declined.

In Europe, the Stoxx Europe 600 gauge was little changed, with technology shares bouncing back to pare some of Wednesday’s drop. Volumes remain dismal: according to Bloomberg, volume in the Stoxx 600 was 42% below the 100-day average on Wednesday – and that despite the reopening of U.K. markets. On the data front, U.K. house prices again surprised to the upside, with a 1% m/m rise according to Nationwide.

China’s CSI 300 index climbed on expectations of more steps to bolster economic growth amid an extension of some personal income-tax breaks and calls for policy easing. In Hong Kong, artificial intelligence giant SenseTime Group Inc. jumped on its first day of trading. MSCI Inc.’s overall Asia-Pacific index edged lower.

Asian stocks edged lower on the last trading day this year for several markets as investors weighed the spread of the coronavirus.  The MSCI Asia Pacific Index fell as much as 0.3%. The consumer discretionary sector was the biggest drag on the measure, with Alibaba and Sony among those contributing the most to the drop. Japan, South Korea, Taiwan, Thailand and Indonesia will be shut Friday for new year holidays. “There’s no reason to dump stocks but then, not much reason to buy them either,” said Yasuhiko Hirakawa, head of an investment department at Rakuten Investment Management in Tokyo. “What will happen to virus infection figures in January is on people’s minds while worry over China Evergrande’s problems continues to linger.”   Cathay Pacific Airways said it plans to scrap some passenger flights to and from Hong Kong as the city tightens quarantine rules for aircrew. Australia’s most populous state posted a record number of daily infections, while severe cases reached a high in South Korea. Benchmarks in South Korea and Japan were among the region’s biggest losers for the day, while China’s CSI 300 outperformed. “Liquidity is thin with not a lot of participants in the market and prices are likely to be swayed by futures trading,” said Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley Securities. Solid performance in Chinese equities will support investor appetite amid a lack of any other fresh leads, he added. 

Japanese equities fell in the last trading session of 2021 but managed to lock in their third-straight annual gain. Electronics makers and service providers were the biggest drags on the Topix, which closed 0.3% lower, paring an earlier loss of as much as 0.9%. Fast Retailing and Terumo were the largest contributors to a 0.4% loss in the Nikkei 225. The Topix finished the year with a gain of 10%, while the Nikkei 225 advanced 4.9%. While far behind the 28% jump in the S&P 500, Japanese stocks outperformed regional peers, with the MSCI Asia Pacific Index headed for a loss of over 4% on the selloff in Hong Kong shares

In rates, Treasuries advanced, led by the belly and European bonds were mostly higher; the 10-year Treasury yield pared an advance to drop back toward its 50-day moving average; the benchmark bond remained higher after retracing a portion of Wednesday’s selloff, though 7- to 30-year yields remain above 50-DMA levels which they closed above for first time in weeks. Euro-area bonds also gained, even as most European stock benchmarks and U.S. equity index futures advanced. Japanese government bonds decline across the curve on the last trading day of the year. The yen dropped a second day to touch a one-month low.

In FX, a dollar gauge rose only to reverse all gains as the US session neared. The euro dropped from a one-month high, to touch $1.13, ahead of phone talks between U.S. and Russian leaders amid tensions over Ukraine. Cable dropped after earlier touching an almost six-week high; gilts advanced in line with Treasuries. The Australian dollar steadied near a five-week high against the greenback. Australia’s yield curve bear-steepened following a sell-off of in Treasuries. Iron ore halted a three-day decline and resurfaced above $120 a ton on potential support from restocking by China’s steel mills.

In commodities, iron ore halted a three-day decline and resurfaced above $120 a ton on potential support from restocking by China’s steel mills. Crude oil edged lower after its longest run of gains since February, as the market weighed a series of supply outages against smaller quotas in China, the world’s largest crude importer. West Texas Intermediate traded near $76 a barrel after a 12% jump over six sessions. Brent is heading into the end of the year near $80 a barrel, though volumes over the holiday period have been subdued. Crude was pressured Thursday as China cut the amount of import quota awarded to private refiners and favored complex processors as it seeks to reform the sector. Beijing granted 109 million tons, 11% less than last year, in the first batch for 2022, according to officials from companies that received notification of the allowances. The dollar also climbed, at least initially, making commodities priced in the currency relatively more expensive.

On today’s calendar we get initial and continuing claims as well as the Chicago PMI.

Market Snapshot

  • S&P 500 futures up 0.1% to 4,790.75
  • STOXX Europe 600 up 0.3% to 489.37
  • MXAP down 0.3% to 191.84
  • MXAPJ down 0.1% to 623.75
  • Nikkei down 0.4% to 28,791.71
  • Topix down 0.3% to 1,992.33
  • Hang Seng Index up 0.1% to 23,112.01
  • Shanghai Composite up 0.6% to 3,619.19
  • Sensex little changed at 57,803.64
  • Australia S&P/ASX 200 little changed at 7,513.37
  • Kospi down 0.5% to 2,977.65
  • Brent Futures down 0.4% to $78.91/bbl
  • German 10Y yield little changed at -0.20%
  • Euro down 0.4% to $1.1302
  • Gold spot down 0.3% to $1,800.04
  • U.S. Dollar Index up 0.29% to 96.21

Top Overnight News from Bloomberg

  • “All switches are on track to end the remaining bond buying by the end of next year. And when that is done, the policy rate can go up early 2023,” ECB Governing Council member Klaas Knot is cited as saying in interview with Dutch Trouw newspaper
  • “We are careful” on inflation and the risks to the forecasts “are not only upwards,” ECB Governing Council member Ignazio Visco says in an interview with La Stampa daily on Thursday
  • Mario Draghi’s government has won lawmakers’ support for a 32 billion-euro ($36 billion) budget plan for next year aimed at supporting Italy’s growth
  • Italy has eased coronavirus quarantine rules and imposed a vaccine mandate for most activities in a bid to keep essential services running, after the country recorded a record number of cases for consecutive days.
  • Spain’s consumer price inflation rose 6.7% from a year earlier in December, faster than the 5.7% predicted by economists in a Bloomberg survey
  • Two doses of Johnson & Johnson’s Covid-19 vaccine slashed hospitalizations caused by the omicron variant in South Africa by up to 85%, a critical finding since the shot is being increasingly relied upon across the continent, researchers said
  • Hungary delivered the seventh interest-rate increase in as many weeks in a monetary tightening campaign that has so far failed to shore up the country’s battered currency. The forint rose
  • The cost of borrowing money in Turkey is surging, a sign that President Recep Tayyip Erdogan’s policy of driving down interest rates is starting to backfire
  • China faces “unprecedented” difficulty in stabilizing trade next year as favorable conditions that boosted export growth this year won’t be sustainable, according to a commerce ministry official

US Event Calendar

  • 8:30am: Dec. Continuing Claims, est. 1.87m, prior 1.86m
  • 8:30am: Dec. Initial Jobless Claims, est. 206,000, prior 205,000
  • 9:45am: Dec. MNI Chicago PMI, est. 62.0, prior 61.8

3. ASIAN AFFAIRS

i)THURSDAY MORNING WEDNESDAY  NIGHT

SHANGHAI CLOSED UP 22.19 PTS OR  0.62%     //Hang Sang CLOSED UP 25.47 PTS OR 0.11% /The Nikkei closed DOWN 115.17 PTS OR 0.40%%     //Australia’s all ordinaires CLOSED UP 0.04% /Chinese yuan (ONSHORE) closed DOWN  6.3735   /Oil UP 76.18 dollars per barrel for WTI and UP TO 78.93 for Brent. Stocks in Europe OPENED  ALL GREEN    //  ONSHORE YUAN CLOSED  DOWN AT 6.3735 AGAINST THE DOLLAR. OFFSHORE YUAN CLOSED DOWN ON THE DOLLAR AT 6.3746: /ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST USA DOLLAR/OFFSHORE YUAN TRADING WEAKER AGAINST THE DOLLAR /TRADE DEAL NOW DEAD..TRUMP  RAISED RATES TO 25%

3 a./NORTH KOREA/ SOUTH KOREA

///SOUTH KOREA

END

3B JAPAN

Just in the nick of time: three Boeing 747 freighters packed with potatoes head to Japan to alleviate their French fry shortage

(zerohedge)

Three Boeing 747 Freighters Packed With Potatoes Head To Japan Amid French Fry Shortage

 WEDNESDAY, DEC 29, 2021 – 08:30 PM

Believe it or not, three Boeing 747 freighters packed with potatoes are headed to Japan to mitigate the french fry shortage. 

U.S. freight forwarder Flexport Inc. CEO Ryan Petersen tweeted Tuesday night that his firm contracted three 747 freighters to fly potatoes to Japan to help with McDonald’s Holdings Co. Japan’s french fly crisis. 

“Flexport just contracted to fly three 747 loads of potatoes to Japan to help with the French fry shortage,” Petersen tweeted. 

On Dec. 21, we reported that McDonald’s faced a ‘fry-tening’ supply chain problem of a potato shortage that forced the fast-food restaurant to ration french fries with meals. The company blamed massive flooding in Vancouver for its soggy mess.

There are 2,900 McDonald’s restaurants in the country, and many have been rationing french fries for the last week. There was no word if air freight costs would result in french fry inflation for consumers.

This is the second time in three years, McDonald’s has experienced a french fry shortage. Cold weather and the impact of a hurricane in 2019 damaged potato crops across North America and led to supply woes for french fry processors.

“We considered involving Flexport for this humanitarian relief operation but in the end decided that the for-profit side was a better fit,” Petersen tweeted. 

Seattle Port Commissioner Sam Cho responded to Petersen’s tweet above and said, “Serious question: Why would a French fry shortage even be considered as “humanitarian relief?” Or is that sarcasm?” 

end

3c CHINA

Hong Kong


Police raid independent and pro democracy new outlet :STAND NEWS”  for “seditious content” which is balderdash. And many will go to the winter Olympics?  And the west gave them the right to hostthis?
(zerohedge)

Police Raid Shutters Independent Hong Kong News Outlet For “Seditious” Content

 WEDNESDAY, DEC 29, 2021 – 05:50 PM

In the latest pro-China crackdown on Hong Kong independent media, police raided the headquarters of vocal pro-democracy website Stand News on Wednesday and arrested at least six, including current and former editors and board members.

“Police raided Stand News’ office earlier in the day after arresting the six, including popular singer and activist Denise Ho, a former board member, on charges of conspiracy to publish a seditious publication,” the Associated Press detailed of the raid which involved over 200 officers and the seizure of all suspected “subversive” and “seditious” journalistic materials under last year’s national security law.Stand News acting Chief Editor Patrick Lam being put into a police vehicle, via Reuters.

Hours into the day the news website was no longer being updated, nor its active social media pages. Stand News’ HK$61 million in assets have been frozen and all employees dismissed. 

It appears to be part of a new crackdown wave against opposition Honk Kong media, following the June 2021 shuttering of the Apple Daily newspaper in a similar massive police raid which saw its publisher Jimmy Lai and top editors arrested, as HK authorities continue forcing the public firmly in line with “pro-China” policies

It’s now looking like the crackdown is likely to continue beyond Stand News. The AP writes further, “Early Wednesday, Stand News posted a video on Facebook of police officers at the home of a deputy editor, Ronson Chan.”

The report adds that “Chan, who is also chair of the Hong Kong Journalists Association, was taken away for questioning, the organization confirmed in a statement.” Later released, he described that all his credentials and press pass, including all electronic devises and even bank cards were seized

Hong Kong police claimed in a follow-up press conference that “we are not targeting reporters” while a media industry group protested the raid. Police described Stand News in particular as having “stirred up hatred or contempt for the government and judiciary,” the AP noted. HK police further had some friendly “advice” for all other media and journalists: 

“We are not targeting reporters, we are not targeting the media, we just targeted national security offenses,” said Li Kwai-wah, senior superintendent of the police National Security Department. “If you only report, I don’t think this is a problem.”

He said at a news conference that those arrested had to account for their actions even if they had resigned from Stand News.

Asked what advice he had for the media, Li replied, “Don’t be biased. You know well how to report, how to be a responsible reporter, how to make a non-biased report to your readers. That’s all I can give you.”

This comes even after the outlet ceased the publication of most op-eds and removed the subscription-only membership, citing the prior national security law. Those still being detained reportedly face up to two years in prison and a fine up to HK$5,000.

Pop star Denise Ho was among the Wednesday arrests of pro-democracy media voices…

Likely it’s only a matter of time for all remaining independent and opposition outlet voices before the police come knocking, as journalists struggle to figure out what exactly “don’t be biased” actually means in the minds of pro-mainland authorities.

END

CHINA

This is one troubled company. You will recall that Didi listed on the NYStock exchange and then Mainland China did a regulatory crackdown on this company and others.  They have ordered them to delist from NY and then list on Hong Kong.  

Today they revealed a huge $4.7 billion loss with no prayer of making a profit in the upcoming couple of years.

(zerohedge)

China’s Troubled Ride-Hailing Giant Didi Reveals $4.7 Billion Loss Ahead Of Hong Kong Listing

THURSDAY, DEC 30, 2021 – 09:05 AM

This year, China’s troubled ride-hailing giant Didi has had a clouded outlook as Chinese regulators crackdown on its consumer data, leading to an upcoming delisting from US exchanges. The company plans to list in Hong Kong next year, but today’s new filing revealed a $4.7 billion loss in the third quarter.

Didi has been one of the highest-profile targets of a regulatory crackdown by Beijing to rein in the country’s giant tech sector. It reported Thursday $6.6 billion of sales, plunging 13% from the June quarter and 1.6% from a year earlier, according to the company’s unaudited third-quarter results. 

The surprise revelation sent shares tumbling premarket in New York, down more than 8%. 

Troubles for Didi began days after its late June IPO in New York. Chinese regulators surprised investors by launching cybersecurity investigations into the company concerning consumer data. Didi was then removed from app stores in China and has crashed 65% since the IPO. 

China has also proposed a new law making it harder for companies to list overseas. A listing would be blocked if considered a national security threat. 

Beijing forced Didi to delist from New York and relist in Hong Kong. The unprecedented move highlighted the depth at which Beijing will go to protect sensitive data amid soaring geopolitical tensions with the US. 

The regulatory turmoil has been nothing but a mess for Chinese tech stocks. The Nasdaq Golden Dragon China Index has been more than halved this year because of the unpredictability generated by the crackdown.

We should point out that after a years-long regulatory crackdown, Beijing is taking a new stance to stabilize the economy through easing policies

If that’s the case, Chinese tech stocks could be nearing a bargain – but – then – again – the uncertainty around more regulatory crackdowns plagues the outlook for these stocks into early 2022. 

end

4/EUROPEAN AFFAIRS

UK/COVID

Britain erects field hospitals expecting a huge flow from the Omicron even though it is very mild.  Cases around the world top one million for the 3rd straight day

(zerohedge)

Britain Erects Field Hospitals As Daily World COVID Cases Top 1 Million For 3rd Straight Day

 THURSDAY, DEC 30, 2021 – 10:28 AM

With New Year’s Eve right around the corner, it seems 2021 is closing much like last year: with markets and COVID case tallies at record highs.

The US set a record with 488K new cases on Wednesday, just shy of the half-a-million mark. It’s more than double the worst days from last winter (although we didn’t have take-home rapid tests last winter). Wednesday’s 7-day average of new daily cases, 301K, was also a record, compared with 267K the day before.

Globally, the world topped 1 million cases for the third day in a row, with cases soaring 32% to 1.73M on Wednesday. As authorities revive travel restrictions, Cathay Pacific Airways is planning to scrap Hong Kong flights as Hong Kong tightens its rules.

The WHO warned this week about a “tsunami” of omicron and delta cases, though many observers might surmise that the surge has already landed.

Germany put Italy, Canada and Malta on its high-risk list, meaning travelers from those countries need to quarantine for 10 days unless they’re vaccinated.

Still, some government are loosening their restrictions because citizens are expressing their discontent and exhaustion with the status quo. Italy is dialing back its COVID curbs as authorities adjust to the fact that hospitalizations and deaths haven’t risen commensurately with the new case tallies.

Australia is also dialing back its curbs as violence explodes in the capitol: Australia’s former parliament building in the capital Canberra was briefly set alight on Thursday by protesters during a demonstration for Aboriginal sovereignty. Well, authorities must be relieved that they’re not protesting the lockdowns anymore.

Meanwhile, more evidence is emerging that omicron may be less dangerous, particularly in vaccinated people, as virus deaths in the US decline.

A Johnson & Johnson booster shot provided strong protection against the Omicron variant, greatly reducing the risk of hospitalization, according to a clinical trial in South Africa.

That study used data from 69K boosted health care workers with a corresponding group of unvaccinated South Africans, found that two shots of the vaccine reduced the risk of hospitalization from Omicron by about 85%. In comparison, another study in South Africa found that two shots of the Pfizer jab reduced the risk of hospitalization by about 70%, along with a handful of other studies.

Over in the UK, Britain’s NHS “is now on a war footing,” one of its top medical officials warned on Thursday. He said they would start erecting field hospitals to absorb a feared surge in hospitalizations as cases continue to climb. In a statement, the service outlined plans for temporary wards in England, called “Nightingale hubs” in response to the surge in omicron cases.

END

NETHERLANDS

Netherlands announces plan to dole out 6 vaccine doses.  They are totally insane!

The vaccine just does not work but the injuries will multiply.

(zerohedge)

Netherlands Announces Plan To Dole Out 6 Vaccine Doses

THURSDAY, DEC 30, 2021 – 11:05 AM

And as Israel doles out a second round of booster jabs to the most at-risk patients, the Netherlands is entertaining giving people as many as six shots.

In a Wednesday letter to parliament, Health Minister Hugo de Jonge suggested that the Netherlands should consider additional rounds of booster jabs to fight new variants, with two in 2022 and another shot in 2023, according to Newsweek.

Let’s pause for one second to note that the dominant strain in the world right now, Omicron, is “markedly resistant” to the current Covid-19 vaccines, per a December 20 study from Columbia University.

The letter also said that the Netherlands has enough booster vaccines for its current booster campaign, if one factors in all the people who will reject the jabs.

In the letter, De Jonge added that “[c]ertainly because only half of a regular vaccine is needed for a booster dose of Moderna, we now have sufficient vaccines for the current booster campaign and there is ample basis for possible extra booster rounds in the second quarter and the autumn of 2022 and in 2023.”

The Netherlands has bought up vaccine stock in order to avoid shortages, ordering nearly 6M doses from Pfizer and BioNTech. And it’s already laid claim to at least 17M more doses between now and 2023. The company is already working on a new formulation to target the omicron variant. As of Dec. 26, 89% of people aged 18 or over had received at least one vaccine dose. A total of 85.9% of those who are age 18 and over are fully vaccinated.

As an aside, World Health Organization director, Dr. Tedros Adhanom Ghebreyesus, has urged developed nations in the west not to rely too much on booster shots in their COVID policy, because humanity should prioritize vaccines for the developing world before hoarding all the boosters for the west.

So, one has to wonder, will the WHO pressure the Netherlands to instead ship these jabs to the developing world, where half as many full doses could be derived from these materials? A booster dose is only half of a full vaccine dose, so the Netherlands could make 2x as many boosters as full vaccine doses with its stockpile. Of course, there’s also the issue of storing and transporting them.

Perhaps it comes down to that which would signal more virtue? Either way, vaccine makers win.

END

5. RUSSIAN AND MIDDLE EASTERN AFFAIRS

RUSSIA/NORDSTREAM2/EUROPE

NordStream ready to go from Russia but so far Germany says no and yet natural gas prices remain extremely high

(zerohedge)

Nord Stream 2 Loaded With Gas & Ready To Stabilize Europe Energy Prices: Putin

 THURSDAY, DEC 30, 2021 – 04:15 AM

On Wednesday Russian President Vladimir Putin declared that the Nord Stream 2 pipeline to Germany is fully ready and prepared to start pumping gas exports, amid a continued hold-up in regulatory approval on the German side.

Hailing the completion of the $11 billion natural gas pipeline which the US had long worked to block, Putin told a government meeting which was attended by Gazprom head Alexei Miller, “I’d like to congratulate Gazprom and your partners in Nord Stream 2 on the completion of work and the creation of this additional large trunk-route and that it is ready for work,” according to ReutersGetty Images

Putin announced for the first time the second stretch of the 1,200+km pipeline has been filled with gas, and crucially asserted it’s going online will inevitably reduce gas prices in Europe – which have recently hit record highs – including in Ukraine. He said once gas starts flowing, an “immediate” positive impact will be felt on the market.

This, for sure, will have an immediate impact on price on the market, on the spot. And all the countries, the consumers in those countries that consume the Russian gas, of course, will feel it themselves,” Putin described. However, the hold-up in certification is expected to continue, not expected to come via German regulators before the end of the first half of 2022, Reuters writes. 

On the same day in a separate venue and interview, a high ranking Kremlin official blasted Europe’s soaring gas prices as but a crisis of its own making, due largely to its poor planning. Deputy Prime Minister Alexander Novak said, “It is difficult to say when the high prices period will end. In my opinion, there must be a gas supply covering the demand in Europe in full scope. Appropriate reserves in underground gas storages must be created, required to reliably pass through the winter season.”

That’s when he added: “If the greater portion of consumption in Europe is supported on account of long-term deliveries from Russia, Algeria, and Norway, then the situation with prices will be more stable,” Novak said. “One of the reasons for the energy crisis in Europe is lack of planning,” the official asserted. European officials, he said, placed too many hopes on the market, “on spot gas deliveries, which are present today and missing tomorrow.”

Meanwhile, Washington may not be done with NS2 sanctions – after Biden previously backed down on strictly enforcing Trump era sanctions on the German side of the project…

Echoing Putin’s comments, Novak underscored that Russia is right now physically ready to meet demand: “The resource base available in Russia makes it possible to meet demands of European consumers in any volumes.” But he also emphasized that Gazprom “needs long-term contracts because huge investments are required to scale up production, with the payback during the long term,” according to TASS.

end

ISRAEL/(BIRD FLU)

Israel orders 100 million eggs which will likely be destroyed as bird flu outbreak in the north of Israel //Golan Heights.  This is very dangerous as bird flu is dead.

Israel is a major transit point for migrating birds.  Birds seem to be getting the bird flu virus probably through the delta virus which killed the birds immune system.

(zerohedge) 

Israel Orders 100 Million Eggs As Bird Flu Outbreak Threatens Food Supply

THURSDAY, DEC 30, 2021 – 02:45 AM

Israel is already doling out second booster shots to patients who qualify, but on the horizon, a new viral threat is lurking.

Israeli news media like the Jerusalem Post reported this week that three more outbreaks of bird flu have been discovered in chicken coops in Ein HaHoresh in the Hefer Valley, the Ram-On moshav in Gilboa and in Givat Yoav in the Golan Heights.

These areas have been isolated and authorities are actively monitoring additional farms in the area.

In response to concerns about a bird flu outbreak threatening the country’s food supply, Agriculture Minister Oded Forer announced that 100M eggs were being delivered to Israel to shore up supplies. Not only will eggs need to be destroyed because of the outbreak, but authorities estimate about 600K hens may need to be destroyed as well to contain the virus.

Farmers are compensated by the government when eggs are destroyed for this reason.

As the government contemplates how to contain the bird flu, Israel’s Environmental Protection Minister Tamar Zandberg is reportedly planning to cancel the rest of Israel’s hunting season to try and prevent the ongoing outbreak of bird flu from being transmitted to humans via so-called “zoonotic transmission” – the same phenomenon that was originally blamed for the first COVID outbreak in Wuhan (before the world learned what was really going on).

Zandberg described the plan as a “necessary step” in stemming the ongoing outbreak.

“The move is intended to prevent the outbreak from continuing and… to keep the hunters healthy from a dangerous and contagious disease, which can be fatal to humans,” Zandberg said.

“The high mortality of cranes and other birds found to be infected with the disease indicates a severe and abnormal outbreak, and we must act immediately to minimize the contact between wild birds and humans.”

The outbreak of H5N1 bird flu triggered a state of emergency in Israel after multiple cases were detected. On December 25, the discovery of the virus in chicken coops near Margaliot led to the killing of 320,000 hens after 244,000 hens were killed in a separate outbreak earlier that week.

Fears of possible zoonotic transmission involving hunters have already led the Israeli Agriculture Ministry to order farmers to follow directives and ensure their birds are separated from wild birds to avoid infecting the wild birds, and then, by extension, any hunters who encounter the wild birds. The Israeli hunting season typically lasts from September to January, so the hunters would only be missing out on roughly a quarter of the season. Still, that would be a disappointment for anybody who had booked a trip.

END

ISRAEL//GLOBE//BIRD FLU//MYSTERY ILLNESSES

It is not just bird flu but other mystery illnesses are penetrating the globe.  Bird flu if caught by humans is very deadly. Seems that the failure of human’s immune system is causing these strange illnesses

to occur!

a must read…

(Michael Snyder/American Dream)

Have The “Pandemics Of 2022” Already Started?

 THURSDAY, DEC 30, 2021 – 05:00 AM

Authored by Michael Snyder via The End of The American Dream blog,

Wouldn’t it be great if we could have a year without any major pestilences?  2019 seems like it was so long ago, and we may never see another year like it.  All of the measures that global authorities have imposed to try to end the COVID pandemic have failed, and now we are being told that we are just going to have to live with COVID on a permanent basis.  And Omicron has shown us that a new variant can sweep across the entire globe in just a matter of weeks.  Meanwhile, there are several new “outbreaks” that are unrelated to COVID that I am going to be keeping a very close eye on as we enter 2022.  For example, we are being told that there is a “massive bird flu outbreak” in Israel right now.  The following comes from a Daily Beast article entitled “Massive New Bird Flu Outbreak Could Be 2022’s Deadly Pandemic”

Israel’s National Security Council has assumed control of a massive bird flu outbreak in the Galilee, which scientists warn could become a “mass disaster” for humans.

Over half a billion migrating birds pass through the area every year, heading for warm African winters or balmy European summers, making this a catastrophic location for a major bird flu outbreak—right at the nexus of global avian travel.

If you do a Google search for “H5N1”, you will find that bird flu outbreaks have literally been reported all over the planet this month.

So this isn’t just happening in Israel.

But the reason why what is taking place in Israel is so alarming is because birds are dropping dead in such large numbers

Of the 30,000 Eurasian cranes passing this winter at the Hula Nature Reserve, 17 percent are dead, and scientists fear the worst for their surviving brethren, at least 10,000 of which appear to be ailing. The infection of the cranes is the same strain of avian flu which infected chicken coops throughout northern Israel, and led to the cull in recent days of nearly 1 million birds.

The good news is that so far there are no confirmed human cases of H5N1 in Israel.

Of course that could change at any time, and once H5N1 starts spreading among humans it has a very high death rate

The virus can be deadly if it infects people. The World Health Organization says more than half of the confirmed 863 human cases it has tracked since 2003 proved fatal.

Here in the United States, officials are deeply concerned about a widespread outbreak of an “undiagnosed respiratory illness” in northern Ohio…

Public health exclusively tells Dayton 24/7 Now undiagnosed respiratory illnesses are popping up in the Miami Valley, Cleveland area, and across the northern tier of Ohio.

Health experts say symptoms are similar to the flu, but patients aren’t testing positive for influenza or COVID-19.

Charles Patterson, Clark County Combined Health District’s Health commissioner, explains there’s no way to know how many confirmed cases of this illness are in the state since there’s no case definition for it yet.

Hopefully they will find out what this mystery disease is soon, because it doesn’t sound good.

On the other side of the globe, a different mystery disease has killed close to 100 people in South Sudan

The illness has so far claimed the lives of 97 people in Fangak, Jonglei State, in the northern part of South Sudan. On Thursday, Fangak County Commissioner Biel Boutros Biel said an elderly woman’s death came as a result of an unidentified illness. South Sudan’s Ministry of Health has said that the disease has mainly affected the elderly and children under 14. It is also said that the symptoms of the mysterious illness include cough, diarrhoea, fever, headaches, joint pain, loss of appetite, body weakness, and chest pain.

WHO officials were deployed to the region to investigate the illness, but they reportedly left the area without revealing their findings to local officials.

Initially, health officials thought that this might be a cholera outbreak, but testing has ruled out that possibility.

Last but certainly not least, the Omicron variant is causing widespread panic all over the world.

In New York, the number of confirmed cases set another brand new record high on December 24th

The number of positive COVID-19 cases in New York continues to set records, as the state confirmed that 49,708 positive cases were reported on December 24 alone.

That number marks the highest single-day total in the state since the pandemic began.

Fortunately, some experts are telling us that even though Omicron spreads very easily it may be less deadly than the Delta variant.

Of course Omicron and Delta are not the only variants that are floating around out there.

Over the past couple of months, there have been reports that certain COVID variants seem to be causing very ugly skin sores.  The following comes from a report in a British news source

The doctor explained: “I was treating patients in August 2020 last year and I had three patients who had COVID-19 and they had a rash.

“It’s purpuric, almost like a hive-like rash, [it] can be prickly heat rash as well.”

Dr Nighat’s patients weren’t the only ones who suffered from rash linked to Covid, as the COVID ZOE app received thousands of self-reports of this symptom.

If you have developed skin sores or a “rash” after catching COVID, I would like to hear from you.

Because this appears to be something that is happening on a large scale, but the mainstream media in the United States is not really talking about it.

I don’t know which of the news items that I have shared in this article are the most important, but I will be monitoring them all as we enter 2022.

The COVID pandemic has clearly demonstrated how vulnerable we are, and scientists assure us that it is just a matter of time before we are hit by even more pestilences.

I know that most of you are very eager for life to “return to normal”, and I feel the same way.

Unfortunately, our entire planet is now being ravaged by sickness and disease, and a “return to normal” is simply not in the cards.

.

6.Global Issues

CORONAVIRUS/UPDATE/VACCINE MANDATE

The importance of T cells in our bodies and how these T cells envelope the Omicron (zerohedge)

T-Cells “Minimize” Damage Caused By Omicron, Studies Show

 THURSDAY, DEC 30, 2021 – 12:20 PM

Two new studies – one from Erasmus University in the Netherlands and one from the University of Cape Town in South Africa – have just reminded humanity that our antibodies aren’t the last line of defense against COVID, and its newest variant, omicron.

Both have confirmed that T-cells, what Bloomberg describes as the body’s weapon against every virus-infected cell, have shown a surprising ability to defend against omicron.

The report goes on to explain that T-cells are the reason why mortality hasn’t increased alongside the advent of omicron: with or without vaccines, the human body still has a tool in its toolkit to suppress viruses like these. The T-cell’s most critical attribute, when it comes to fighting viruses, is that they target the whole of the spike protein that viruses use to bind with human cells. Because of this, mutations that impact the spike protein (omicron was said to have 50 pertinent mutations in that department) won’t help it evade the T-cell response.

For their study, the Dutch researchers looked at 60 vaccinated health-care workers and found that while their antibody responses to omicron were lower or nonexistent (compared with the beta or delta), their T cell responses were largely unaltered and still potent, “potentially balancing the lack of neutralizing antibodies in preventing or limiting severe Covid-19,” according to the study.

The other study, from the University of Cape Town’s Institute of Infectious Disease and Molecular Medicine, looked at recovered COVID patients, and those who had been vaccinated with the Pfizer or J&J jabs.

While antibodies didn’t fare well, they found that 70% to 80% of the T-cell responses were able to suppress omicron.

Vaccines are helpful in that they help induce a T-cell response to the virus, according to the Dutch researchers. Overall, these results demonstrate that vaccination and infection induce a robust CD4 and CD8 T-cell response that largely cross-reacts with omicron, consistent with recent work from our laboratory and others on limited T-cell escape by Beta, Delta and other variants…”

The Dutch summarized the data from their study in a pair of figures, presented below:

Readers can find the Dutch study below courtesy of medrxiv:

5.3.6 Postmarketing Experience by Joseph Adinolfi Jr. on Scribd

Here’s something to think about, dear reader, as the people in charge try to solve a problem with more of the same (ie more bosters for the already-boosted): immune protection has several layers. While antibodies block infection, T-cells kill infected cells, preventing the virus from spreading and causing more damage. Wendy Burgens, one of the authors of the University of Cape Town study, wrote on her Twitter account Virus Monologues. “They can’t prevent you from getting infected, but they can minimize the damage that comes afterwards,” she said.

That’s something to keep in mind.

end

CDC sometimes comes out with earth shattering edicts:  Today with 89 ships undergoing a covid outbreak, the CDC states that one should avoid cruise travel

(zerohedge)

CDC Says “Avoid Cruise Travel” Amid COIVD Outbreak On 89 Ships

 THURSDAY, DEC 30, 2021 – 01:05 PM

Health officials in the United States have raised the COVID-19 Travel Health Notice level for cruise ships from Level 3 to Level 4, the highest level. This comes after dozens of cruise ships were flagged by the U.S. Centers for Disease Control and Prevention (CDC) for virus outbreaks earlier this week. 

“The COVID-19 Travel Health Notice level has been updated from Level 3 to Level 4, the highest level. This reflects increases in cases onboard cruise ships since the identification of the Omicron variant,” the CDC said in a statement on Thursday afternoon. 

Avoid cruise travel, regardless of vaccination status. If you travel on a cruise ship, make sure you are fully vaccinated before travel and get a COVID-19 vaccine booster dose if you are eligible. Getting vaccinated is still the best way to protect yourself from severe disease, slow the spread of COVID-19, and reduce the number of new variants. People who are not fully vaccinated should follow additional recommendations before, during, and after travel. -CDC

Here are some of the key points of the CDC’s new warning for cruise ship travelers:

  • Avoid cruise travel, regardless of vaccination status.
  • Even fully vaccinated travelers may be at risk for getting and spreading COVID-19 variants.
  • The virus that causes COVID-19 spreads easily between people in close quarters on board ships, and the chance of getting COVID-19 on cruise ships is very high, even if you are fully vaccinated and have received a COVID-19 vaccine booster dose.
  • Outbreaks of COVID-19 have been reported on cruise ships.
  • If you travel on a cruise ship, make sure you are fully vaccinated before travel and get a COVID-19 vaccine booster dose if you are eligible.
  • People who go on a cruise should get tested 1–3 days before their trip and 3–5 days after their trip, regardless of vaccination status or symptoms.
  • Along with testing, passengers who are not fully vaccinated should self-quarantine for a full 5 days after cruise travel.  
  • People on cruise ships should wear a mask to keep their nose and mouth covered when in shared spaces. While CDC is exercising its enforcement discretion under CDC’s Mask Order to not require that persons wear a mask under certain circumstances on board foreign-flagged cruise ships subject to the Temporary Extension & Modification of the Framework for Conditional Sailing Order (CSO), including onboard cruise ships choosing to follow the requirements of the CSO on a voluntary basis, individual cruise lines may require travelers (passengers and crew) to wear masks on board the ship.

According to the CDC, the current situation is that 89 cruise ships have reported outbreaks of the virus. 

Earlier this week, Democratic Senator Richard Blumenthal said that cruise ship operators are “repeating recent history as petri dishes of Covid-19 infection.”

“Time for CDC & cruise lines to protect consumers & again pause—docking their ships,” Blumenthal tweeted. 

The CDC is investigating 89 cruise ships for COVID outbreaks. Of that, 32 are Carnival, 25 Royal Caribbean Cruises Ltd, and 15 Norwegian Cruise Line Holdings Ltd. The CDC’s website said four Walt Disney Co.’s Disney Cruise Line are now under watch. 

News of CDC raising the warning level for travelers has sent cruise ship operators shares tumbling into the afternoon session. 

Carnival Corp shares plunged around 4% after the news hit the wires. 

Royal Caribbean Cruises Ltd shares stumbled about 3%.

Cruise ships were once lauded as one of the safest vacations due to their strict health policies of only allowing vaxxed adults and their ability to isolate themselves from the rest of the “dangerous” world. Now they’ve become floating COVID-infested cities. Could this suggest that fully vaxxed people can easily transmit the virus? The answer is likely yes. 
endCANADAWe now have our first Federal MP speak out on the coercive vaccine mandates(Brightlightnews)

A Federal MP Finally Speaks Out Against Coercive Vaccine Mandates

Government and Covid-19Vaccine Mandates & Passports / By Gord Parks / December 17, 2021

(Dec. 16, 2021) Saskatchewan MP Jeremy Patzer becomes the 1st federal politician to speak up against the Trudeau govt’s devastating and coercive vaccine mandates. Since the vaccine rollout mid-Dec. 2020, all federal MPs have stood around silently on the rushed and unproven vaccines, while millions of Canadians suffered.

Until Patzer, not a single MP advocated for every citizen’s constitutional right to freedom of medical choice and bodily autonomy or raised constituents concerns with the coercive nature of the experimental vaccines, riddled with examples of failure and severe adverse effects.

All have gone along with the politically safe and discriminatory vaccine mandates, as millions of Canadians were coerced into taking the dangling carrot mRNA jabs in return for a temporary slice of stolen freedom. As MPs comfortably continued collecting their paycheques, Canadians had their lives torn asunder as livelihoods, reputations and relationships were intentionally destroyed.

SEE THE TAPE:https://brightlightnews.com/a-federal-mp-finally-speaks-out-against-coercive-vaccine-mandates/As holiday-season travel bans now loom for the fully vaccinated with more restrictions and school closures also on the horizon, one has to wonder if Patzer finally saw a light and found it in his heart to represent all of his constituents. Or, is he merely capitalizing on the growing tide of frustration and resentment clearly being poured out over social media by even the fully vaccinated now in response to Trudeau’s latest coercive booster tactic to stop non-essential travel with holiday plans already made.Whatever the reason, Patzer’s voice will thankfully resonate with a growing number of Canadians ready to return to normal, tired of nonsensical mandates and measures that have never stopped this seasonally endemic virus and the never-ending prospect of booster shots. Will other MPs finally have the courage to join Patzer and fulfill their sworn duty to stand up for their constituents or will they play it safe politically as Canadians on all sides of the vaccine equation continue to suffer at the hands of a vaccine-obsessed prime minister?Source

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Dr Richard Fleming…..

This is long and complicated, but pretty much replicates in great detail and updates the Spartacus letter:

https://brandnewtube.com/watch/dr-richard-fleming-exposes-what-039-s-really-happening-with-covid-19-and-vaccine-induced-ade_xyuP2rwZqXaCj4Y.html

Sent from EarthLink Mobile mail

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VACCINE IMPACT

Woman Confronts Justin Trudeau in Public Forum: “You Sold us Out to Globalism – What do we do with Traitors in Canada? We used to Hang them!”

December 29, 2021 4:07 pm

A video clip taken in Canada at a public forum has surfaced where a woman in the audience addresses Canadian Prime Minister Justin Trudeau and says: “You sold us out to globalism. You are not working for Canada. You are working for your globalist partners. I wonder how much they are paying you to betray Canada? What do we do with traitors in Canada Mr. Trudeau? We used to hang them. Hang them for treason. And you’re doing that very same thing to us now. We know what you’re doing.” We need to keep naming the murderers in public like this. I guarantee you it strikes fear into their hearts. We must not fear them!Read More…


Ghislaine Maxwell Found Guilty Of Helping Epstein Sexually Abuse Teen Girls

December 29, 2021 4:59 pm

After hearing from around 30 witnesses including the four accusers, the 12-person panel began deliberating in the case against Ghislaine Maxwell just before 5 p.m. on Dec. 20. “Maxwell was Jeffrey Epstein’s right hand,” Assistant US Attorney Alison Moe said in her closing statement. Today, after six days of deliberations over accusations that Maxwell helped pedophile Jeffrey Epstein mount a “pyramid scheme of abuse” involving underage girls, the jury came to their decision ahead of what was to be a working weekend through the new years’ break. The jury found her guilty on 5 of the 6 counts of luring and grooming underage girls for sexual abuse by Jeffrey Epstein, a verdict that offers some long-delayed justice for his victims. She was acquitted of one count of enticing a minor to travel across state lines to engage in an illegal sexual act. The verdict was largely a rejection of Ms. Maxwell’s defense, which centered on an argument that government’s case was based on flimsy evidence, prosecutors’ animus toward Mr. Epstein, and the inconsistent accounts of women who were motivated by money to point the finger at Ms. Maxwell.Read More…


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GLOBAL STORIES/

John Rubino warns that wage inflation might be the one to watch during 2022 throughout the globe

(John Rubino)

Wage Inflation Might Shock The World In 2022

 THURSDAY, DEC 30, 2021 – 06:30 AM

Authored by John Rubino via DollarCollapse.com,

Paris during the Great Depression was full of unemployed people – and apparently it was awesome.

As the story goes, the City of Light circa 1934 offered few good jobs and little upward mobility – which is pretty much the definition of a capital-D Depression — so large parts of the population gave up and, relieved of the need to strive, simply lived in the moment. They lingered in cafes debating politics and philosophy and pursued their various arts for themselves rather than for an audience. And many found themselves loving it. As American writer Henry Miller described his Paris years,  “I have no money, no resources, no hopes. I am the happiest man alive.”

Now fast forward to 2020. For millions of young people around the world, work had turned out to be worse than pointless. Most available jobs paid subsistence wages in return for unending repetition and little hope for promotion. The prospect of a lifetime waiting tables or sitting in a corporate cubicle was as soul-destroying as it was inescapable.

Then came the pandemic, during which governments – not understanding the genie they were letting out of the bottle – told millions of Millennials to stay home for an entire year. A huge number of 20-somethings now live with their folks or with like-minded roommates, work sporadically to cover their minimal basic expenses – and then do whatever else they want. Life has become a modern version of a Parisian café, hopeless in a career sense but low-stress and frequently high-fun.

As the pandemic winds down, companies are calling their former drones back, and a shocking number are saying “no thanks.” Jobs are going unfilled, orders unshipped, and customers unsatisfied. For a longer look at this trend, see Bloomberg’s Why people are quitting jobs and protesting work life from the US to China. And for a scarier take, see Michael Snyder’s The Great Worker Shortage Is Causing Basic Services To Really Break Down All Across America.

It’s Global This Time

Young people leaving the workforce is actually a recurring theme, rhyming as it does with 60s hippies and 90s slackers. The difference this time is that it’s global. As the title of the above Bloomberg article implies, young workers are opting out everywhere, which means vastly more people have left the economy than in past episodes.

This brings us to the financial point of the story, which is that employers are going to have to pay up, in many cases waaayyy up, to put the hamsters back on their wheels.

Note two things on the following chart. First, workers were royally screwed during the past decade, as the 1% feasted on rising stock, bond, and real estate prices while squeezing the pay of their employees. Hence the reluctance of those same workers to help out their old bosses by coming back. Second, the recent increase in pay doesn’t come close to redressing a decade of corporate predation.

So yes, some parts of the current inflation spike are “transitory”, including base effects and certain commodity prices. But rising wages might have long enough legs to keep overall inflation elevated for years. If so, the Fed will be under increasing pressure to raise interest rates for real instead of just promising to act someday.

end


Michael Every with today’s most important topics

Michael Every.//Jane Foley

end 

7. OIL ISSUES

8 EMERGING MARKET& AUSTRALIA ISSUES

Australia////  NEW ZEALAND/ SOUTH AFRICA/BRAZIL//COVID/VACCINES/LOCKDOWNS

SOUTH AFRICA

end

Your early  currency/gold and silver pricing/Asian and European bourse movements/ and interest rate settings THURSDAY morning 7:30 AM

Euro/USA 1.1342 DOWN .0018 /EUROPE BOURSES //MOSTLY RED EXCEPT LONDON 

USA/ YEN 115.07  UP  0.117 /NOW TARGETS INTEREST RATE AT .11% AS IT WILL BUY UNLIMITED BONDS TO GETS TO THAT LEVEL…

GBP/USA 1.3510  UP   0.0014

Last night Shanghai COMPOSITE CLOSED UP 22.19 PTS OR 0.62%

//Hang Sang CLOSED UP 25.47 PTS OR 0.11%

/AUSTRALIA CLOSED UP 0.04%  // EUROPEAN BOURSES OPENED ALL GREEN

Trading from Europe and ASIA

I)EUROPEAN BOURSES ALL GREEN  

2/ CHINESE BOURSES / :Hang SANG  CLOSED UP 25.47 PTS OR 0.11%

/SHANGHAI CLOSED UP 22.19  PTS OR 0.62%

Australia BOURSE CLOSED UP 0.04%

3(Nikkei (Japan) CLOSED DOWN 115.17 PTS OR 0.40 %

INDIA’S SENSEX  IN THE RED

Gold very early morning trading: 1803.60

silver:$22.84-

USA dollar index early THURSDAY morning: 95.93  DOWN 0  CENT(S) from WEDNESDAY’s close.

This ends early morning numbers THURSDAY MORNING

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And now your closing THURSDAY NUMBERS 1: 00 PM

Portuguese 10 year bond yield: 0.47% UP 1  in basis point(s) yield from YESTERDAY/

JAPANESE BOND YIELD: +0.72% UP 1 AND 2/10   BASIS POINTS from YESTERDAY/JAPAN losing control of its yield curve/

SPANISH 10 YR BOND YIELD: 0.57%// UP 0  in basis points yield from yesterday.

ITALIAN 10 YR BOND YIELD 1.18 UP 1    points in basis points yield from yesterday./

the Italian 10 yr bond yield is trading 61 points higher than Spain.

GERMAN 10 YR BOND YIELD: RISES TO -0.177% IN BASIS POINTS ON THE DAY//

THE IMPORTANT SPREAD BETWEEN ITALIAN 10 YR BOND AND GERMAN 10 YEAR BOND IS 1.35% AND NOW ABOVE   THE 3.00% LEVEL WHICH WILL IMPLODE THE ENTIRE ITALIAN BANKING SYSTEM. AT 4% SPREAD THERE WILL BE A HUGE BANK RUN…

END

IMPORTANT CURRENCY CLOSES FOR THURSDAY

Closing currency crosses for THURSDAY night/USA DOLLAR INDEX/USA 10 YR BOND YIELD/1:00 PM

Euro/USA 1.1317  DOWN .0043    or 43 basis points

USA/Japan: 115.17 UP 0.217 OR YEN DOWN 22  basis points/

Great Britain/USA 1.3495  DOWN 1  BASIS POINTS)

Canadian dollar UP 4 pts to 1.2779

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The USA/Yuan,  CNY: closed    ON SHORE  (CLOSED DOWN)..6.3731  

THE USA/YUAN OFFSHORE:    (YUAN CLOSED (DOWN)..6.3771

TURKISH LIRA:  13.22  EXTREMELY DANGEROUS LEVEL/DEATH WISH/HYPERINFLATION TO BEGIN.

the 10 yr Japanese bond yield  at +0.072

Your closing 10 yr US bond yield DOWN 3 IN basis points from WEDNESDAY at 1.528% //trading well ABOVE the resistance level of 2.27-2.32%) very problematic

 USA 30 yr bond yield: 1.941  DOWN 3 in basis points 

Your closing USA dollar index, 96.07  UP 12   CENT(S) ON THE DAY/1.00 PM/

Your closing bourses for Europe and the Dow along with the USA dollar index closing and interest rates for THURSDAY: 12:00 PM

London: CLOSED DOWN 7.08 PTS OR .17%

German Dax :  CLOSED UP 32.61 PTS OR 0.21% 

Paris CAC CLOSED UP 11.71 PTS OR  0.16% 

Spain IBEX CLOSED UP 40.10  PTS OR 0.40%

Italian MIB: CLOSED UP 2.58 PTS OR 0.01%

WTI Oil price 76.96 12: EST

Brent Oil:  79.43 12:00 EST

USA /RUSSIAN /   RUBLE FALLS:   74.78 THE CROSS HIGHER BY .82 RUBLES/DOLLAR (RUBLE LOWER BY 82 BASIS PTS)

GERMAN 10 YR BOND YIELD; -.177

CLOSING NUMBERS: 4 PM

Euro vs USA: 1.1325 DOWN .0034

British Pound: 1.3506 UP .0009

USA dollar vs Japanese Yen: 115.06 up .115

USA dollar vs Canadian dollar: 1.2741 DOWN .0042 (cdn dollar UP 42 basis pts)

West Texas intermediate oil: 76.62

Brent: 79.14

USA 10 yr bond yield: 1.514 DOWN 4 points

USA 30 yr bond yield: 1.928 DOWN 4  pts.

USA dollar vs Turkish lira: 13,17

usa dollar vs Russian rouble: 74.64 up 68 basis pts.

DOW JONES INDUSTRIAL AVERAGE: UP 90.42 PTS OR 0.25%

NASDAQ 100 UP 2.35 OR 0.01%

VOLATILITY INDEX: 17.04 DOWN 0.50PTS

GLD/NYSE CLOSING PRICE $168.59 DOWN $0.05 OR .03

SLV/NYSE CLOSING PRICE: $21.11// DOWN $.03 OR .11%

USA trading day in Graph Form

Stocks Skid, Bonds Bid As Musk Mulls Imminent Recession

THURSDAY, DEC 30, 2021 – 04:00 PM

Elon Musk predicts a recession by 2023:

“Predicting macroeconomics is challenging, to say the least. My gut feel is maybe around spring or summer 2022, but not later than 2023”

The market also predicts some kind of policy reversion, but more like 3-5 years out…

Source: Bloomberg

Some late-day selling after Musk’s comments ruined the party as The Dow ended its win-streak and the S&P failed to close at a 71st record high for the year. Small Caps desperately tried to hold on to gains…

Recovery stocks underperformed modestly once again…

Source: Bloomberg

Chinese stocks soared today for no good reason today with Nasdaq Dragon up more than 10% – the biggest daily gain since 2008…

Source: Bloomberg

Treasury yields all slipped lower today with the long-end outperforming (30Y -4bps, 2y -1bp)…

Source: Bloomberg

10Y Remains above 1.50% for now but we note 30Y stalled perfectly at the pre-Omicron level and was bid today…

Source: Bloomberg

The Dollar chopped around today but ended very marginally lower…

Source: Bloomberg

Bitcoin continued to hover around the 200DMA…

Source: Bloomberg

Commodities ended higher with silver back in the green on the week while Oil is easily leading…

Finally, a warning. As Bloomberg notes, the S&P 500 hasn’t dipped below its 200-day moving average on an intraday basis at all this year, a feat that has only happened four other times since 1981.

In the year following each of those occurrences, the S&P 500 fell by an average of 0.7% including declines of 6.2% in 2018, 1.5% in 1994 and 6.6% in 1990. The gauge’s 11.4% gain in 2014 is the only time it saw a positive return.

end

i) Early morning//afternoon trading

II)USA DATA

Still 1.8 million Americans on the dole

(zerohedge)

Continuing Jobless Claims Are Now Below Pre-COVID-Lockdown Levels

THURSDAY, DEC 30, 2021 – 08:36 AM

Continuing jobless claims tumbled to 1.716 million last week. That is the lowest since pre-COVID-Lockdowns in March 2020…

Source: Bloomberg

Additionally, initial jobless claims slipped back below 200k (while non-seasonally-adjust claims hold around 2-month highs)…

Source: Bloomberg

New Jersey and Pennsylvania saw the biggest increase in claims while California and Texas saw the biggest drop…

The total number of Americans on some form of government dole remains at pre-COVID-Lockdown levels…

Source: Bloomberg

Seems like it’s going to be hard for Powell to defend any delay in tightening off of this data.

-END-

IIb) USA COVID/VACCINE MANDATE STORIES

Aaron Rodgers says it best:  “Science that cannot be questioned is propaganda!”

(Van Brugen/EpochTimes)

Aaron Rodgers: Science That “Can’t Be Questioned” Is “Propaganda”

 WEDNESDAY, DEC 29, 2021 – 05:30 PM

Authored by Isabel van Brugen via The Epoch Times,

Green Bay Packers quarterback Aaron Rodgers on Tuesday took aim at the criticism he says he has received for his views on COVID-19 vaccines.

During his weekly appearance on “The Pat McAfee Show,” Rodgers said that his previous comments on the issue has led to strong pushback from both a number of NFL voices and Silicon Valley.

“If science can’t be questioned, it’s not science anymore; it’s propaganda and that’s the truth,” he said.

Rodgers, 37, on Tuesday claimed that many NFL teams are quietly experimenting with various COVID-19 treatments behind the scenes.

When did science become this blind agreement and then not having any debate over what can actually heal people and work for people. That makes no sense to me,” he said.

When did we lose the ability to respect somebody’s opinion. My thoughts on COVID are my opinion. Why can’t we have more conversations between people with different opinions?” he added.

Rodgers made headlines last month after he tested positive for COVID-19, the disease caused by the CCP (Chinese Communist Party) virus, after claiming in August that he was “immunized” against the virus.

The three-time most valuable NFL player claimed on Nov. 5 that he was told by a league doctor that people who take a vaccine for COVID-19 will not catch or spread the disease.

“One of the main docs said it’s impossible for a vaccinated person to get COVID or spread COVID,” he said.

“We know now that information is totally false.”

He confirmed during a television appearance that he is not vaccinated against COVID-19, explaining that he is allergic to an ingredient in the mRNA Pfizer and Moderna vaccines, and is wary of taking the Johnson & Johnson vaccine, citing documented past cases of blood clots that prompted federal regulatory agencies to temporarily pause administration of the shots earlier this year.

Rodgers was fined by the NFL on Nov. 9 for COVID-19 protocol violations after an investigation found that he failed to consistently wear face masks inside the team’s facilities, and attended a Halloween party maskless—violating protocol that requires masks for players not vaccinated against COVID-19.

He was also dropped by Prevea Health over his vaccine views after being aligned with the company for nine years.

Rodgers in a separate appearance on “The Pat McAfee Show” on Nov. 9 said that the COVID-19 vaccine can be “polarizing,” but did not back down from his stance on the vaccine.

“In the end, I have to stay true to who I am and what I’m about, and I stand behind the things that I said,” the quarterback added at the time.

end

CDC states COVID cases hit record highs, even though hospitalizations and deaths remain low.

(VanBrugen/EpochTimes)

As US COVID Cases Hit Record High, CDC Admits Hospitalizations & Deaths Remain “Comparatively Low”

THURSDAY, DEC 30, 2021 – 11:25 AM

Authored by Isabel van Brugen via The Epoch Times,

New COVID-19 cases in the United States have soared to their highest level on record, as the Omicron coronavirus variant is estimated to have taken over the virus’s Delta variant as the most prevalent strain contributing to new COVID-19 infections.

The United States is seeing over 265,000 new COVID-19 infections per day on average, according to data kept by Johns Hopkins University, surpassing a prior record of 250,000 daily cases set in mid-January.

The latest wave of infections is largely being fueled by the Omicron variant of the novel coronavirus. According to the Centers for Disease Control and Prevention (CDC), the strain accounts for 58.6 percent of all strains actively circulating in the United States as of Dec. 25, up from 22.5 percent for the week ending on Dec. 18.

CDC officials have said they don’t yet have estimates of how many hospitalizations or deaths out of the total are due to the high transmissible Omicron variant.

CDC Director Rochelle Walensky on Wednesday told reporters that while some data from other countries showed less severe disease with the Omicron variant, it was too early to gauge the impact across the United States, particularly given its uneven vaccination rates.

“The rapid increase in cases we are seeing across the country is, in large part, a reflection of the exceptionally transmissible Omicron variant,” she said.

“In a few short weeks, Omicron has rapidly increased across the country and we expect will continue to circulate in the coming weeks.”

Walensky noted that while the seven-day daily average of positive cases is up 60 percent over the previous week, the hospitalization rate for the same period is up only 14 percent, to about 9,000 per day. Deaths were down about 7 percent to 1,100 per day, she said.

“While our cases have substantially increased from last week, hospitalizations and deaths remain comparatively low right now,” she said.

Domestic flights in the United States have taken a hit due to staffing issues amid rising COVID-19 cases, with flight cancellations continuing to cause holiday travel chaos nationwide. By mid-afternoon on Wednesday, more than 900 flights within, into, or out of the United States were canceled.

The CDC also said it was monitoring 86 cruise ships that have reported COVID-19 cases.

The agency meanwhile issued new guidance this week to cut its recommended isolation time for infected Americans in half—from 10 days to five if they are asymptomatic.

“We are standing on the shoulders now of two years of science,” Walenksy told NPR on Tuesday of the new rules, explaining that “the vast majority of transmission occurs” around two days prior to the onset of symptoms and three days after.

“So in that five day window is really when that transmission is happening.”

Walensky acknowledged that although transmission can occur after the fifth day of isolation, the CDC made the decision to reduce its recommended isolation time for infected Americans because it anticipates a “really large” number of cases due to the Omicron variant of the novel coronavirus.

We also want to make sure that we keep the critical functions of society open and operating. We started to see challenges with that, with airline flights and other areas,” the CDC director explained.

end

Marines are not happy as the powers to be refuse to allow religious exemptions.  They are afraid that they will be discharged

(zerohedge)

Marines “Crushed” By Vax Mandate As “Thousands” Denied Religious Exemptions In “Political Purge”

 WEDNESDAY, DEC 29, 2021 – 06:30 PM

Days ago it was first revealed that despite the Department of Defense offering a “religious exemption” as part of the Covid-19 vaccine mandate across all military branches, not a single one has yet to be approved – at a time at least 169 Marines were already discharged for their refusal to receive the shot.

A new investigative report by Fox News finds that multiple “thousands” of Marines are still set to be processed out over the mandate, and that the corps’ “best and brightest” are being “crushed” by the Biden vaccine order. “Marines are allowed to apply for a religious exemption, but so far not a single application regarding the COVID-19 vaccine, or any vaccine for that matter, has been approved, a Marine Corps spokesman told Fox News.”

For this reason the mandate is being likened to a “political purge” – which has seen a “blanket denial” of all formal requests for religious exemptions. In recent days official Marine Corps statements have underscored no exemptions are being given out, yet supposedly these are being considered on a case by case basis.Line of Marines at Camp Hansen in Japan waiting to receive the vaccine, Getty Images.

As of late last week, the Marine Corps confirmed that not a single religious exemption request has yet to be approved. It was further confirmed that at least a few thousand could be discharged based on the exemption denial

Marine Corps spokesman Capt. Ryan Bruce told Fox News that as of Thursday, 3,080 of the 3,192 requests for religious accommodation concerning the COVID-19 vaccine mandate had been processed and zero had been approved, adding that “no religious accommodations have been approved for any other vaccine in the past seven years.” 

So assuming these Marines will still refuse the jab, thousands are set to be booted from the Marine Corps. In its reporting, Fox extensively quotes Marine officers, whose names are withheld. The Daily Wire, citing the most recently available public data from last week, estimated that some 9,000 could still be set for early discharge from the service

As of Thursday, 94% of active-duty troops were fully vaccinated and another 1% were partially vaccinated, according to data from the U.S. Marine Corps.

That leaves the remaining 5% of an active-duty Marine force of about 182,500, which amounts to about 9,125 active-duty Marines who are still unvaccinated.

“There’s something fundamentally wrong at this point with our nation’s leadership,” a major with over 17 years of active service was cited as saying. “We are facing an unconstitutional edict that I think is very targeted as a political purge, taking out some of the best and brightest soldiers, sailors, airmen, Marines and guardians from the Space Force.”

Further, a lieutenant colonel who has served for almost two decades said the Marines are discharging service members “as fast as they can and as brutally as they can, damaging every Marine as much as they can on the way out.”

Further, Fox’s Jessica Chasmar, who interviewed several of the officers, said:

“The one message I got from the colonel above me was: ‘Tread very carefully, this is political, you will be crushed like an ant.’ And he told me that because he cares about me,” the lieutenant colonel said. “Do I want to continue serving in an institution that crushes people for bringing up reasonable points in defending their faith?”

One master sergeant said it seems that “the louder I speak the tighter the screws are turned against me.”

Additionally one Marine who ranks high on the enlisted side said, “When you’re expected to behave a certain way and to obey certain rules and follow certain processes, and then to see on the other end that that’s not a two-way street, that’s a violation of my morals that I can’t stand by and not speak out about.”

The same Marine, identified as a Master Sergeant, described one particular instance of an individual Marine’s exhaustively documented and very convincing case for a religious exemption: “I saw one package from a sergeant who had attached, like, 30 pages of material to substantiate why his belief was sincere, under no lawful obligation to do so,” the master sergeant said. “And then to have this as a response with no individual inquiry and just a generalized assertion of governmental interest is insulting.”

“On the religious side, this is absolutely a travesty what’s happening,” a separate officer described. “People are getting blanket denials, they’re not addressing the individual concerns or beliefs of Marines who are submitting for religious accommodations, and I think that’s just horribly wrong. I honestly believe that they’re not really reading the packages.”

Those interviewed also depicted an ongoing culture of intimidation which appears intended to silence any potential opposition to the mandate, further with no recourse whatsoever. Instead the Marines feel steamrolled into compliance. What’s more is that unlike many parts of Europe, prior infection and natural immunity is being completely ignored. Over 9,000 Marines Still Unvaccinated, Over 100 Discharged For Refusal http://dlvr.it/SG9SCNimage.png

end

It is getting worse by the day:  now Canada cancels unvaccinated Joe Rogan from attending his own sold out show

(zerohedge)

Canada Cancels Unvaccinated Joe Rogan: Can’t Attend His Own Sold-Out Show

 WEDNESDAY, DEC 29, 2021 – 07:10 PM

Joe Rogan was set to attend his long anticipated Vancouver show scheduled for April 20, which has long been sold out, but on Wednesday The Hill is reporting it’s been canceled due to the Canadian government barring him from entry for the event

“Ticketmaster Wednesday on its website confirmed that Rogan’s Vancouver show had been canceled and ticket holders would receive a refund,” The Hill reports. However, the event has been pushed to a much later date in 2022, though it’s unclear whether Canada will relax its vaccine requirement to cross the border by that point (at the rate things are going, an unlikelihood). “According to Rogan’s Facebook page, the event has been rescheduled for Oct. 24,” The Hill added.

Rogan himself had hinted that the cancelation is coming, given Canada’s strict requirements for all entering its territory of showing proof of “fully vaccinated” status.

During his Dec.24th episode of “The Joe Rogan Experience” podcast, which gets more listeners than even major mainstream TV network shows get viewers during prime time hours, Rogan explained, “I should probably say this because I haven’t yet. My 4/20 show that’s sold out in Vancouver — I don’t think that’s happening.” 

He then vented to his guest, comedian Tim Dillon, that it’s ridiculous that unlike an increasing number of European countries Canada doesn’t recognize natural immunity from a prior infection. 

I don’t think I can even get into the country. I’m not vaccinated. I’m not gonna get vaccinated. I have antibodies, it doesn’t make any sense,” Rogan said.

Since announcing that he had Covid in late August in a social media post last September, Rogan has been at the center of mainstream media attacks over his spending a lot of time describing his personal experience with a mix of medications given by a doctor. Additionally he had given advice to friends based on his successfully and fully recovering in a matter of a few days.

Rogan posted the following image announcing the show’s cancelation and postponement:

This included the supposedly “controversial” ivermectin (which led to disinformation and personal attacks from CNN), in addition to a treatment of monoclonal antibodies, a Z-pack, prednisone, an NAD drip, as well as a vitamin drip.

Also contributing to the Vancouver show’s cancelation is the current implementation of what are essentially “Covid passports” for a number of indoor and public venues. “The Canadian territory requires proof of vaccination to gain entry into some indoor businesses and event spacesincluding Rogers Arena, where Rogan’s show was set to take place,” The Hill underscores.

For Rogan fans in Canada, the likelihood is that he’s not going to be let in the country even by late 2022. A number of health officials in Western governments have of late declared various forms of policies which sound like “mandates forever” as they promote the notion that citizens must get ready to live under pandemic conditions for possibly more years to come. 

end

Joe Rogan: “I’m Not Vaccinated, I’m Not Going To Get Vaccinated, I have Antibodies, It Doesn’t Make Any Sense”

THURSDAY, DEC 30, 2021 – 09:28 AM

Authored by Steve Watson via Summit News,

Podcast king Joe Rogan doubled down on his assertion that he will not get vaccinated this week, stating that it makes “no sense” for him because he has natural immunity from COVID.

While announcing that he will likely have to cancel dates for comedy shows in Canada in the Spring due to vaccine mandates, Rogan said he doesn’t “think I can even get into the country. I’m not vaccinated, I’m not going to get vaccinated, I have antibodies, it doesn’t make any sense.”

Rogan also bemoaned the continuing restrictions on events.

“I don’t think I can go,” he continued, adding “Even if I do go, I don’t trust that Vancouver is not going to follow suit with what Toronto did and cut capacity.”

Watch:

*  *  *

In the age of mass Silicon Valley censorship It is crucial that we stay in touch. We need you to sign up for our free newsletter here. Support our sponsor – Turbo Force – a supercharged boost of clean energy without the comedown. Also, we urgently need your financial support here.

end

Big victory here: a recent court decision against the school boards reverses child jab mandate

(Agorist/FreeThought project)

After Thousands Of Parents Refused To Comply, California School District Reverses Child Jab Mandate

 WEDNESDAY, DEC 29, 2021 – 08:10 PM

Authored by Matt Agorist via The Free Thought Project,

Forgoing any legal democratic processes, multiple school districts in California began mandating the COVID-19 vaccination for children earlier this year. Set to go into effect in January, any child, 16 and older, who did not get the jab, was banned from campus in all San Diego public schools.

This authoritarian move caused a mass of backlash and thousands of children and parents refused to comply.

The refusal to get vaccinated set the stage for a showdown that was to unfold on January 24 when the children would be kicked out of school for non-compliance.

There will be no showdown, however, as a San Diego judge struck down the mandate this week, accurately pointing out that a school district has no authority to mandate medical procedures for children.

CBS 7 reports that Superior Court Judge John S. Meyer granted a writ of mandate for a lawsuit filed by the group “Let Them Choose,” which sought to keep the school district‘s COVID-19 vaccine mandate from going into effect by arguing it did not comply with state law.

Meyer noted in the ruling that the school district‘s COVID-19 vaccine mandate cannot move forward because it conflicts with state law, which says any decision to mandate vaccines must be made at the state level and must also include a “personal belief exemption” if the mandate is not imposed by the state Legislature.

San Diego Unified’s policy did not contain this exemption.

“SDUSD’s Roadmap appears to be necessary and rational, and the district’s desire to protect its students from COVID-19 is commendable. Unfortunately, the field of school vaccine mandates has been fully occupied by the State, and the Roadmap directly conflicts with state law,” the judge wrote in a tentative ruling.

Naturally, the school district disagreed and claimed they have the right to dictate what children can and can’t be injected with. For now, however, their objection is meaningless and the children and parents who did not want to take the vaccination, will no longer be forced to do so.

“I am overjoyed. We knew that our legal argument was strong, and we brought this case on behalf of thousands of concerned parents and students and to hear the judge say no student should be coerced into getting this vaccine was just a wonderful thing to hear,” said Sharon McKeeman, founder of the group behind Let Them Choose.

As TFTP reported earlier this month, the Los Angeles Unified School District (LAUSD) — which is the second largest school district in the country — made a similar move and mandated shots for all children aged 12 and older.

Students were told they would be banned from campus on January 10, 2022 if they failed to comply and take the shot.

NBC4 spoke to an attorney who is following these cases, Jennifer Kennedy, who explained that school districts do not have the authority to mandate medical procedures. Just like the San Diego school district did not have the authority to mandate the jabs, the LAUSD did not have it either.

“These grotesque contests and displays of treatment and candy and gifts and favors, raffles and cash prizes inducing the kids to the vaccination…. Here is the problem, kids in California cannot consent to vaccination.”

She added, “The LAUSD does not have the power to add a vaccine to the California school schedule,” she said. “You couldn’t do it if you were a po-dunk school district and you can’t do it if you’re LAUSD, the second largest district in the nation. You don’t have that legal authority.”

Several parents of students filed lawsuits against the LAUSD over the mandate and thousands of children remained unvaccinated in LAUSD. This line in the sand forced the school district to postpone their mandate last week after a whopping 28,000 children refused the jab.

It is only through resistance that the change we seek will come. As history shows us, one cannot comply their way out of tyranny.

end

CDC Director Admits Latest COVID Restrictions Based On What Government “Thought People Would Be Able To Tolerate”

THURSDAY, DEC 30, 2021 – 02:00 PM

Authored by Steve Watson via Summit News,

CDC Director Rochelle Walensky admitted Wednesday that the agency’s latest guidance on COVID was based on what the government perceived people would accept.

Appearing on CNN, Walensky addressed the fact that the CDC suddenly updated its guidelines after Joe Biden declared that “there is no federal solution” to the virus.

Restrictions including quarantine times were lessened from ten days to five.

“It really had a lot to do with what we thought people would be able to tolerate,” Walensky starkly admitted.

She added, “We really want to make sure we have guidance in this moment where we were going to have a lot of disease that could be adhered to, that people were willing to adhere to, and that spoke to specifically when people were maximally infectious. So it really spoke to both behaviors and to what people were able to do.”

Walensky’s comments dovetail with those of Anthony Fauci, who yesterday (after two years of isolating everyone) admitted that isolation is ‘not good for society.’

Elsewhere in her interview, Walensky said that the government is considering opening booster shots for 12 to 15 year olds, urging “the first thing to note is to get your children vaccinated.”

“I know that the companies and manufactures are working towards data for under five year olds. That will not be in the months ahead, but we’re working to get there soon,” the CDC head added.

Full interview for context:

see zerohedge)

end

This is a good one:  Luongo forecasts what will happen in the next few months.  I think it is a little farfetched:  what about the other 49 states?  I think the citizens are a lot smarter than what the Democrats think and they will smell this one out

In 3 acts:

(courtesy Tom Luongo)

Luongo: Biden’s COVID Pivot Is Pure Politics

 WEDNESDAY, DEC 29, 2021 – 08:50 PM

Authored by Tom Luongo via Gold, Goats, ‘n Guns blog,

If you thought the worst screenplay you’d have to endure this winter was anything written by a Wachowski sister, boy howdy are you wrong.

A couple of weeks ago I told you that Davos’ Last Stand bombed at the box office. Well, now I’m here to tell you that as bad as that movie’s opening weekend was, just wait for the resurrection of it later this year because they filmed the sequel, Omicron 2: COVID Boogaflu, at the same time.

And it’s coming this spring.

The problem for Bidenwood is Omicron spreads quickly but doesn’t hit nearly as hard as the original virus, or even the recent Delta variant.

After the early data came in, they realized this will be the last film in the series.

So, they have one last chance to concoct a story they can use for the midterms.

Can’t let the opportunity of one last COVID wave go to waste can we?

Because these are people too incompetent at dealing with the actual problem and have pivoted completely to pure politics.

So, over the past few days we’ve seen a spate of about-faces by the Biden administration and the Davos quislings with regards to COVID-19 and its offspring

To which I’ll add the CDC just sunsetted the use of the PCR test as valid means for detecting Omicron because it can’t select between it and the flu. So it would seem all of this is finally over and that by the summer we can expect these terrible writers to move onto their next straight-to-streaming monstrosity.

The initial reaction to these announcements has been a little too much high-fiving and victory-lap dancing from the ‘right.’

Because here’s the thing. Do you think they don’t know all of this about Omicron’s transmissibility and severity?

Let’s run a few numbers for the sake of argument. Let’s assume Omicron is 20 times more transmissible but just one-tenth as severe. And severity is defined as requiring hospitalization.

With the speed at which this thing is ripping through the population, even millions of mild cases will still result in hundreds of thousands of hospitalizations over a short period of time. Because the rate of transmissibility will create a swell in hospitalizations that is just a function of math.

I’m not saying the numbers I have here are right. That’s not the point of the exercise. The point is that even if you crush the severity down by a factor of twenty over Delta, it’s still a lot of strain on any state’s medical system.

So spare me the idea that President Depends and Peppermint Psaki woke up yesterday and had a flirtation with being compassionate humans.

No, these people are full-blown political animals who turned on a dime for a reason.

My numbers are likely wrong but you know who has the real numbers? Yup. The Bidenwood screenwriters.

So, the CDC lowers the quarantine period for health care workers down to five days so asymptomatic health care workers can go back to work as the new wave of hospitalizations happens and Biden throws it back to the states to deal with.

Then we find out from the Florida Surgeon General that the Biden administration is “actively preventing” distribution of Regeneron monoclonal antibodies, holding up shipments to Florida.

This is the end of Act I.

In Acts II and III we will be treated to some of the laziest writing in the history of American political cinema.

Act II will start silently, no more daily case counts because of the CDC invalidating the PCR test and everything seemingly returns to normal.

During that time you can expect guys like Florida Governor Ron DeSantis to gloat publicly over beating COVID by supporting freedom.

Then at the mid-point turn, hospitalizations run wild as the law of large numbers takes over and the same cohorts of people vulnerable to the flu are found quickly by Omicron. It spreads throughout the U.S. quickly possibly overwhelming some hospitals, especially in the places where there aren’t health care workers because they were all fired for not getting the clot-shot.

And guess who will get the blame for all of it? Their Public Enemy #1, the man who at this point is the biggest threat to the Biden administration as well as what’s left of the COVID phase to bankrupt the world known as the Great Reset….

Yup. Governor Ron DeSantis.

The messaging will all be for weeks to come, “We would have licked this thing if it wasn’t for DeSantis allowing it to incubate in Florida. The States did a terrible job containing this thing and now we’re all suffering for it.”

After that comes the worst Act III in history as Biden tries to swoop in on a Huey lobbing missiles at the Red States to take credit for the natural burnout of Omicron and ending COVID-9/11’s threat to humanity.

Expect a big grandstanding speech written by Aaron Sorkin about serving the common good as the denouement to ensure millions take the blue pill and go back to sleep.

It may wind up being the worst screenplay since Young Einstein. Unfortunately, it’ll do enough box office to keep MSNBC in business.

But it’s coming to a screen near you.  end

end

COVID ‘Blood On His Hands’: Biden ‘Kills’ More Americans Than Trump

THURSDAY, DEC 30, 2021 – 03:43 PM

“We are in the midst of a crisis with the coronavirus. We need to lead the way with science – not Donald Trump’s record of hysteria, xenophobia, and fear-mongering. He is the worst possible person to lead our country through a global health emergency,” Biden said in February 2020.

President Biden may not recall what he said during a 2020 campaign debate last fall, but Americans should:

“Anyone who is responsible for that many deaths should not remain as President of the United States of America.”

At the time the U.S. had recorded 220,000 Covid deaths.

“If the president had done his job, had done his job from the beginning, all the people would still be alive,” Mr. Biden said last fall.

So, what happened when Joe-Biden-The-Science-Guy stepped in? Things went just a little bit turbo…

So as the year draws to an end, what are the scores of the doors…

  • 352,000 Americans died of/from COVID in 2020 under Trump (without vaccines available).
  • 474,000 American died of/from COVID in 2021 under Biden (with vaccines available)

Mission unaccomplished!

As WSJ notes, we recount all this not to blame Mr. Biden for this year’s Covid deaths. The truth last year and this year is that the virus is impossible for any politician to control, much less eliminate.

Mr. Biden used the illusion he could vanquish the virus to win election, and he is now paying a political price because he hasn’t.

end

iii) important USA economic stories for you tonight

 iii)b USA inflation commentaries//LOG JAMS//

.END

SWAMP STORIES //

Ghislaine Maxwell Found Guilty Of Helping Epstein Sexually Abuse Teen Girls

 WEDNESDAY, DEC 29, 2021 – 05:09 PM

After hearing from around 30 witnesses including the four accusers, the 12-person panel began deliberating in the case against Ghislaine Maxwell just before 5 p.m. on Dec. 20.

“Maxwell was Jeffrey Epstein’s right hand,” Assistant US Attorney Alison Moe said in her closing statement.

Today, after six days of deliberations over accusations that Maxwell helped pedophile Jeffrey Epstein mount a “pyramid scheme of abuse” involving underage girls, the jury came to their decision ahead of what was to be a working weekend through the new years’ break.

The jury found her guilty on 5 of the 6 counts of luring and grooming underage girls for sexual abuse by Jeffrey Epstein, a verdict that offers some long-delayed justice for his victims.

She was acquitted of one count of enticing a minor to travel across state lines to engage in an illegal sexual act.

The verdict was largely a rejection of Ms. Maxwell’s defense, which centered on an argument that government’s case was based on flimsy evidence, prosecutors’ animus toward Mr. Epstein, and the inconsistent accounts of women who were motivated by money to point the finger at Ms. Maxwell.

AP reports that she stood with her hands folded as the jury filed out, and glanced at her siblings as she herself was led from the courtroom, but was otherwise stoic.

Maxwell faces up to 70 years behind bars, and still awaits trial on two counts of perjury.

Lawsuits involving the abuse allegations also continue, including one in which a woman not involved in the trial, Virginia Giuffre, says she was coerced into sexual encounters with Prince Andrew when she was 17. Andrew has denied her account and that lawsuit is not expected to come to trial for many months.

The question is – will Maxwell be “Epstein’d” too?

END

Biden Approval Rating Plunges Below Kamala’s; New Gallup Survey Finds

 WEDNESDAY, DEC 29, 2021 – 04:40 PM

Filed this under “you know it’s bad when…”

President Biden’s approval rating had been limping higher off of late-November (record-drop) lows, but the last week or so, amid mixed messages over mandates and the collapse of the ‘pandemic of the unvaccinated’ narrative, the president’s approval rating has tumbled back down to earth once more.

During this downward deluge of dread-filled doubts about the president’s performance, VP Harris has been doing her ‘fair share’ of dismal attempts to reinvent herself, but has only managed to drive her approval rating down too.

However, as bad as Harris has been doing, the latest Gallup survey shows that President Biden’s approval rating has dropped below that of the VP for the first time (43% approval vs Harris’ 44%).

Gallup has limited trends on these job approval ratings, but it’s noteworthy that Harris’ disapproval rating has increased from 49% to 54%, more ‘disapproved of’ than Biden.

As one would imagine, the results are highly skewed on a partisan basis.

As the Gallup survey shows, all of the establishment leaders in the survey were viewed more positively by Democrats than Republicans, with Harris getting an almost unprecedentedly terrible 7% approvaL from Republicans (and only 42% from Independents).

Perhaps unsurprisingly, given his constant clashes with freedom-lovers, Dr. Fauci’s job approval is particularly skewed by party, with a 66-percentage-point gap between Democrats’ (85%) and Republicans’ (19%) ratings.

Finally, it is interesting to note that Chief Justice Roberts is in a unique position as the sole public leader of the 11 evaluated who enjoys majority-level approval from Americans in all party groups. 

END

CNN Lost Another 38% Of Viewers In 2021

THURSDAY, DEC 30, 2021 – 08:22 AM

Authored by Steve Watson via Summit News,

CNN managed a remarkable feat in 2021. The network, currently reeling from a spate of pedophilia related allegations among its staff, succeeded in losing ANOTHER 38 percent of its viewership.

According to Nielsen data, CNN saw the massive drop in weekday prime-time viewership, while MSNBC saw a 25 percent drop in viewership for the same time slots.

The data shows that on average there are 919,000 Americans watching MSNBC, while only 787,000 are still watching CNN.

At this rate the networks will soon be out of business.

At this point, anyone still watching CNN has to be either completely brainwashed or brain dead. The network is now desperately attempting to corral these zombies into paying for its services with subscriptions.

Howard Stern recently posited the question “who the hell’s gonna pay for CNN+?” noting that “people don’t want CNN. I mean are they outta their minds?”

Fox News also saw a decline of 34 percent, but still has vastly more viewers with an average of 2.3 million during prime time hours.

Network news channels also saw significant declines in viewership, with NBC “Nightly News” registering a 14% decline, and both ABC’s “World News Tonight” and the “CBS Evening News” seeing 12% drops in viewership.

The data also revealed that visits to mainstream media news websites plummeted, with unique visitors to the Washington Post’s website dropping by an staggering 44% between November 2020 and 2021, and the New York Times registering a 34% decline in unique visitors.

While analysts claim the decline is due to President Trump leaving office, one might posit that it has more to do with the torrent of bullshit pouring out the mouths of every anchor and talking head visible on the networks, and practically every ‘journalist’ woefully attempting to disguise their opinions as real news in the Post and the Times.

*  *  *

END

KING REPORT/SWAMP STORIES 

Egg-flation Sends Down Shares of Top U.S. Producer Cal-Maine Foods
Egg prices are rising and more food inflation could be forthcoming amid continuing supply chain volatility in 2022, according to Cal-Maine Foods Inc., the biggest U.S. producer…
https://www.bloomberg.com/news/articles/2021-12-29/top-u-s-egg-company-forecasts-more-inflation-as-shares-plunge
 
On Tuesday night, one day after stating ‘there is no federal solution to Covid, The Big Guy announced that he would issue a domestic travel vaccine requirement if his Covid team advises it.  ESHs sank.
https://thehill.com/homenews/administration/587547-biden-if-medical-team-recommends-it-hell-issue-domestic-travel
 
@JoeBiden tweeted on Tue, Jul 07, 2020: To beat COVID-19, we need a coordinated national response from the federal government — but Donald Trump refuses to do his job. I’ve laid out exactly what I would do, and I encourage this president to adopt the plan in its entirety:
 
@KamalaHarris: The first thing @JoeBiden and I will do in the White House is get this virus under control. Nov 2, 2020
 
‘The science’ regarding Covid, for about the 4th time in the past day or two, has changed again!
 
@ABC: The newly updated CDC guidelines don’t require testing at the end of isolation because PCR tests can stay positive for up to 12 weeks, CDC Director Dr. Rochelle Walensky tells @GMA. https://t.co/p6HUxeD4Go
 
GOP Rep. @laurenboebert: The CDC has just stated that PCR tests can stay positive for COVID-19 up to 12 weeks after an infection. Of course, they tell us this TWO YEARS after they used PCR tests to destroy the economy.  This is why government should STAY OUT OF IT!
 
@YossiGestetner: This means that for the past 21 months, people sat home for extra days and weeks because their test came back with an irrelevant positive. We didn’t know this 6, 12, 18 months ago?
 
@justin_hart: I can’t even express how angry this makes me. Think of all the lives ruined, jobs lost, education squandered b/c of false positives. We’ve been saying since summer 2020 that the PCR test can be positive at 5 days or 75 days. And ONLY JUST NOW is it being used to adjust policy.
 
How long has the CDC known that PCR tests, which were proclaimed to be the gold standard of Covid tests, can be unreliable?  This is what occurs when the MSM and social media stifle debate, examination, and due diligence over ideology and politics!
 
The CDC announced in July that labs should stop using PCR tests by December 31, 2021.
 
CDC: 07/21/2021: Lab Alert: Changes to CDC RT-PCR for SARS-CoV-2 Testing
After December 31, 2021, CDC will withdraw the request to the U.S. Food and Drug Administration (FDA) for Emergency Use Authorization (EUA) of the CDC 2019-Novel Coronavirus (2019-nCoV) Real-Time RT-PCR Diagnostic Panel… CDC is providing this advance notice for clinical laboratories to have adequate time to select and implement one of the many FDA-authorized alternatives…CDC encourages laboratories to consider adoption of a multiplexed method that can facilitate detection and differentiation of SARS-CoV-2 and influenza viruses…
https://www.cdc.gov/csels/dls/locs/2021/07-21-2021-lab-alert-Changes_CDC_RT-PCR_SARS-CoV-2_Testing_1.html
 
CDC sharply drops estimate of Omicron prevalence in U.S.
The agency said the disparity was due to the rate with which the highly transmissible Omicron spread.
   The Omicron strain accounted for about 58.6 percent of U.S. cases as of Dec. 25.  The public health agency’s previous estimate that the rapidly spreading variant accounted for 73.2 percent of cases nationwide on Dec. 18 is now revised down to 22.5 percent — a significant drop that falls outside the agency’s earlier 95 percent prediction interval, or likely range where future analysis will fall, of 34 to 94.9 percent of all cases… (The CDC’s ‘science’ has been bogus for how long?  It’s been guesses!)
https://www.politico.com/news/2021/12/28/cdc-drops-omicron-prevalence-estimate-526210
 
Walensky: New CDC guidance is ‘what we thought people would be able to tolerate’ (Not ‘science’?)
https://twitter.com/Alexander_Tin/status/1476214413237669893
 
@thehill: Dr. Fauci: “There is the danger that there will be so many people who are being isolated who are asymptomatic for the full ten daysthat you could have a major negative impact on our ability to keep society running. So, the decision was made of saying let’s get that cut in half.” (Shutting down the US under DJT was necessary; but now it’s bad for Biden?  Is Fauci pimping for the midterm elections?)
https://twitter.com/thehill/status/1476255696807243789
 
@ColumbiaBugle: The powers that be are crying for “pragmatism” because they’ve run out of other options.
 
@Alexander_Tin: Asked on @MSNBC this morning about hospitalizations in children amid Omicron surge, @CDCDirector said: “Many of them are actually coming in for another reason. But they happen to be tested when they come in and they’re found incidentally to have COVID…
https://www.msnbc.com/morning-joe/watch/cdc-director-we-want-you-to-isolate-when-you-re-maximally-infectious-129750597506
 
Rand Paul: Thousands Dying Every Month Because of Fauci’s Obsession with Pushing Vaccines
Anthony Fauci is obsessed with pushing vaccines in place of therapeutic treatments that are effective in treating the virus…  https://summit.news/2021/12/29/rand-paul-thousands-dying-every-month-because-of-faucis-obsession-with-pushing-vaccines/
 
@rachelbovard: The biggest story of 2020, 2021, and probably 2022 (God help us) is the complete and utter destruction of the credibility surrounding public health, institutionally and as a practice. From opioids to COVID, they have just completely failed on every measurable metric.
 
Packers QB Aaron Rodgers: Science that ‘can’t be questioned’ is ‘propaganda’
Rodgers noted that many NFL teams are quietly experimenting with various treatments unannounced.
https://www.washingtontimes.com/news/2021/dec/28/aaron-rodgers-science-cant-be-questioned-propagand/
 
@MichaelPSenger: Virologist and immunologist Robert W Malone @RWMaloneMD, a decades-long researcher of mRNA technology and an inventor of mRNA vaccineshas been purged and erased from Twitter for criticizing the use of mRNA technology in COVID vaccines.
https://twitter.com/MichaelPSenger/status/1476256796704534529
 
Don’t forget, The Big Guy stated, that if elected, “We’re gonna cure cancer.”
https://twitter.com/BigFish3000/status/1475982397850202118

Amazon Hastily Reprograms Alexa After Device Tries to Electrocute 10-Year-Old Girl
The girl asked Alexa for another challenge and this was the result: “Here’s something I found on the web,” offered the family’s Echo device. “[P]lug in a phone charger about halfway into a wall outlet, then touch a penny to the exposed prongs,” the smart speaker said…
https://www.mediaite.com/tech/amazon-hastily-reprograms-alexa-after-device-tries-to-electrocute-10-year-old-girl/
 
Finnish man blows up his Tesla on YouTube instead of paying $23,900 for new battery cell
https://t.co/W01szRYsLq
 
Licorice Inhibits Replication of Coronavirus
https://www.theepochtimes.com/licorice-inhibits-replication-of-coronavirus_4177389.html
 
Fauci predicts omicron Covid wave will peak in U.S. by end of January (like last year)
https://www.cnbc.com/2021/12/29/fauci-predicts-omicron-covid-wave-will-peak-in-us-by-end-of-january-.html
 
The Covid deaths peak was January 23, 2021. https://covid19.healthdata.org/global?view=daily-deaths&tab=trend
 
CDC: Most of the time flu activity peaks between December and February…
https://www.cdc.gov/flu/about/season/flu-season.htm
 
Bait and Switch: There remains no FDA approved COVID vaccine in the United States
Pfizer is using children as legal human shields to get full authorization. (Ergo, mandates are invalid!)
https://dossier.substack.com/p/bait-and-switch-there-remains-no?r=6a3x3&utm_campaign=post&utm_medium=web

The Democrats’ Education Lunacies Will Bring Back Trump
Terry McAuliffe lost the Virginia governor’s race by saying, “I don’t think parents should be telling schools what to teach.” If that was no gaffe, Democrats have a lot more significant losing ahead
    However, much like the Hillary Clinton quote about “deplorables,” conventional wisdom after the “gaffe” soon hardened around the idea that what McAuliffe said wasn’t wrong at all. In fact, people like Hannah-Jones are now doubling down and applying to education the same formula that Democrats brought with disastrous results to a whole range of other issues in the Trump years, telling voters that they should get over themselves and learn to defer to “experts” and “expertise.”
    This was a bad enough error in 2016 when neither Democrats nor traditional Republicans realized how furious the public was with “experts” on Wall Street who designed horrifically unequal bailouts, or “experts” on trade who promised technical retraining that never arrived to make up for NAFTA job losses, or Pentagon “experts” who promised we’d find WMDs in Iraq and be greeted as liberators there, and so on, and so on. Ignoring that drumbeat, and advising Hillary Clinton to run on her 25 years of “experience” as the ultimate Washington insider, won the Democratic Party leaders four years of Donald Trump…  https://taibbi.substack.com/p/the-democrats-education-lunacies?r=5mz1&utm_campaign=post&utm_medium=web&s=02
 
State Department ‘Actively Impeding’ Rescue Efforts as Afghanistan Fades from Spotlight, Vets Say  https://www.nationalreview.com/news/state-department-actively-impeding-rescue-efforts-as-afghanistan-fades-from-spotlight-vets-say/
 
Illinois lost 122,000 people in 2021, the largest drop since World War II: Census
Only District of Columbia, New York believed to have suffered higher percentage losses in population
https://www.foxnews.com/us/illinois-population-loss-2021-census
 
MSNBC anchor mocked as ‘shamelessly neurotic,’ ’embarrassing’ for calling herself a ‘Fauci groupie’ – MSNBC’s Nicolle Wallace was roasted this week after referring to herself as a “Fauci groupie,” in reference to her adoration of White House Chief Medical Adviser Dr. Anthony Fauci…
https://www.foxnews.com/media/msnbc-anchor-mocked-fauci-groupie
 
A jury has found Ghislaine Maxwell, age 60, guilty on five of the six counts she faced in sex trafficking case.  She faces up to 70 years in prison.
https://www.cnbc.com/2021/12/29/ghislaine-maxwell-trial-ends-jeffrey-epstein-sex-crime-case.html
 
@OzraeliAvi: Ghislaine Maxwell found guilty, but judge orders all details on Epstein’s Network to be sealed.  In summary: It’s worse than all the “conspiracy theories”. (A major ‘fix’ to protect Clinton, Prince Andrew, and numerous other elites?)
 
@SwainForSenate: Maxwell guilty on 5/6 charges but the information the public deserves will remain hidden. Feels more like it was a coverup than a trial.
 
@DineshDSouza: The point of the #ghislanemaxwell trail appears to have been twofold: 1. Convict the obviously-guilty Epstein pimp Ghislaine Maxwell 2. Protect all the powerful people who were part of the Epstein-Maxwell pedophile ring. I’ll bet Bill Clinton’s handing out cocktails tonight!
 
@JonathanTurley: One glaring issue in the conviction is that Maxwell conspired to transport girls for sex but, beyond Epstein, none of the men who allegedly had sex with these girls have been prosecuted.  It is akin to prosecuting a getaway driver but not the bank robbers. Maxwell was an enabler not just for Epstein but his high-profile friends. Those “Lolita Express” flights transporting girls for these men.
 
@JackPosobiec: Now you know why Comey’s daughter was named to head the Ghislaine Maxwell trial
 
@JackPosobiec Nov 29: Their plan is to convict Ghislaine and never mention the Epstein Network again
They want you focused on her so the network can get away with what they did
    Dec 8: We now know the FBI uncovered 20,000 images from Epstein’s mansion in Manhattan. None of those are being entered into the Ghislaine Maxwell case.  This isn’t an investigation, this is a coverup

Well that is all for today

I will see you tomorrow night/

end

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