Nov 28/Gold closed down $13.00 to $1741.40//silver is down 91 cents to $20.55//Comex data complete//Covid updates re China and Apple//covid vaccines/Dr Alexander//vaccine impact//other important commentaries//
118 C MACQUARIE FUT 1 132 C SG AMERICAS 11 435 H SCOTIA CAPITAL 101 657 C MORGAN STANLEY 33 685 C RJ OBRIEN 1 737 C ADVANTAGE 194 17 800 C MAREX SPEC 18 18 905 C ADM 30
TOTAL: 212 212
MONTH TO DATE: 8,655Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation.
GOLD: NUMBER OF NOTICES FILED FOR NOV. CONTRACT: 212 NOTICES FOR 21200 OZ or 0.6594 TONNES
total notices so far: 8655 contracts for 865,500 oz (26.920 tonnes)
SILVER NOTICES: 0 NOTICE(S) FILED FOR nil OZ/
total number of notices filed so far this month 586: for 2,930,000 oz
END
GLD
WITH GOLD DOWNxxx
INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD//BIG CHANGES IN GOLD INVENTORY AT THE GLD: /////HUGE CHANGES IN GLD INVENTORY: A WITHDRAWAL OF 1.45 TONNES INTO THE GLD//
INVENTORY RESTS AT TONNES
Silver//SLV
WITH NO SILVER AROUND AND SILVER UP $.000
AT THE SLV// :/SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF OF 0.553 MILLION OZ INTO THE SLV
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV
CLOSING INVENTORY: 471.923 MILLION OZ (THIS IS ALSO A CRIME SCENE@!!!!
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI FELL BY A HUGE SIZED 1,399 CONTRACTS TO 126,799 AND FURTHER FROM THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THE STRONG LOSS IN COMEX OI WAS ACCOMPLISHED DESPITE OUR 41 CENT GAIN IN SILVER PRICING AT THE COMEX ON WEDNESDAY. OUR SHORTERS/HFT WERE UNSUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT ROSE BY $0.41., AND WERE SUCCESSFUL IN KNOCKING OFF SOME SPEC LONGS, AS WE HAD A SMALL SIZED LOSS IN OUR TWO EXCHANGES OF 806 CONTRACTS. WE HAD A SOME ATTEMPTED SPEC SHORT COVERINGS OF THEIR SHORTFALLS WITH SOME SUCCESS .WE HAD SOME SPEC SHORT ADDITIONS AS THE PRICE OF THE METAL WAS BASICALLY FLAT . // OUR BANKERS CONTINUE TO BE PURCHASERS OF NET COMEX LONGS. HUGE NUMBER OF NEWBIE SPEC LONGS ADDED TO THEIR POSITIONS CAUSING ADDITIONAL MISERY TO OUR SHORTERS. TODAY SPREADER LIQUIDATION CONTINUES
WE MUST HAVE HAD: I) SOME ATTEMPTED (WITH SOME SUCCESS) SPECULATOR SHORT COVERINGS WITH CONSIDERABLE SHORT ADDITIONS ////CONTINUED BANKER OI COMEX ADDITIONS /// HUGE NEWBIE SPEC LONG ADDITIONS. II) WE ALSO HAD SOME REDDIT RAPTOR BUYING//. iii) A FAIR ISSUANCE OF EXCHANGE FOR PHYSICALS iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 1.045 MILLION OZ FOLLOWED BY TODAY’S 35,000 E>F>P>JUMP//NEW STANDING:3,850,000 MILLION OZ/ / // V) STRONG SIZED COMEX OI LOSS/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL:- 87
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS NOV. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF NOV:
TOTAL CONTRACTS for 19 days, total 25,596 contracts: 127.980 million oz OR 6.743 MILLION OZ PER DAY. (1347 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 127.98 MILLION OZ
.
LAST 17 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: 100.615 MILLION OZ
JAN 2022// 90.460 MILLION OZ
FEB 2022: 72.39 MILLION OZ//
MARCH: 207.430 MILLION OZ//A NEW RECORD FOR EFP ISSUANCE
APRIL: 114.52 MILLION OZ FINAL//LOW ISSUANCE
MAY: 105.635 MILLION OZ//
JUNE: 94.470 MILLION OZ
JULY : 87.110 MILLION OZ
AUGUST: 65.025 MILLION OZ
SEPT. 74.025 MILLION OZ///FINAL
OCT. 29.017 MILLION OZ FINAL
NOV: 127.98 MILLION OZ
RESULT: WE HAD A HUGE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1312 DESPITE OUR $0.41 GAIN IN SILVER PRICING AT THE COMEX// FRIDAY.,. THE CME NOTIFIED US THAT WE HAD A FAIR SIZED EFP ISSUANCE CONTRACTS: 506 CONTRACTS ISSUED FOR MAR AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS./ WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR NOV. OF 1.345 MILLION OZ FOLLOWED BY TODAY’S 140,000 E>F>P>JUMP/ .. WE HAVE A FAIR SIZED LOSS OF 806 OI CONTRACTS ON THE TWO EXCHANGES FOR 4.465 MILLION OZ.. THE SILVER SHORTS ARE NOW TRAPPED AS THEY ARE HAVING CONSIDERABLE DIFFICULTY IN COVERING THOSE SHORTS. SPREADER LIQUIDATION WAS THE NAME OF THE GAME TODAY
WE HAD 0 NOTICE(S) FILED TODAY FOR nil OZ
THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.
GOLD//OUTLINE
IN GOLD, THE COMEX OPEN INTEREST FELL BY A GOOD SIZED 5420 CONTRACTS TO 441,774 AND FURTHER FROM THE 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: REMOVED 1532 CONTRACTS.
.
THE FAIR SIZED DECREASE IN COMEX OI CAME WITH OUR GAIN IN PRICE. WE ALSO HAD A HUGE INITIAL STANDING IN GOLD TONNAGE FOR NOV. AT 12.386 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S 300 OZ QUEUE JUMP //(QUEUE JUMPING = EXERCISING LONDON BASED EFP’S WILL CONTINUE UNTIL MONTH’S END)
YET ALL OF..THIS HAPPENED WITH OUR GAIN IN PRICE OF $9.80 WITH RESPECT TO FRIDAY’S TRADING
WE HAD A FAIR SIZED LOSS OF 3728 OI CONTRACTS (11.59 PAPER TONNES) ON OUR TWO EXCHANGES..
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 1770 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 443,306
IN ESSENCE WE HAVE A FAIR SIZED DECREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 3728 CONTRACTS WITH 5,420 CONTRACTS DECREASED AT THE COMEX (SHORT SPECULATORS FAILING TO GET OUT OF THEIR MESS) AND 1700 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI LOSS ON THE TWO EXCHANGES OF 2880 CONTRACTS OR 6.805 TONNES.
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (1700 ACCOMPANYING THE FAIR SIZED LOSS IN COMEX OI (5420 TOTAL LOSS IN THE TWO EXCHANGES 3720 CONTRACTS. WE NO DOUBT HAD 1) CONSIDERABLE ATTEMPTED BUT FAILED SPECULATOR SHORT COVERINGS// CONTINUED GOOD BANKER ADDITIONS. WE HAD SOME SHORT SPEC ADDITIONS/// // CONSIDERABLE NEWBIE SPEC ADDITIONS ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR NOV. AT 12.386 TONNES FOLLOWED BY TODAY’S GOOD QUEUE JUMP OF 20,600 OZ //NEW STANDING 26.923 TONNES///3) ZERO LONG LIQUIDATION //// //.,4) HUGE SIZED COMEX OPEN INTEREST LOSS 5) FAIR ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER/SPREADER LIQUIDATION COMMENCED
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2022 INCLUDING TODAY
NOV
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF NOV. :
70,687 CONTRACTS OR 7,068,700O Z OR 219.866 TONNES 19 TRADING DAY(S) AND THUS AVERAGING: 3720 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 179 TRADING DAY(S) IN TONNES:219.866 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2021, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 219.887 /3550 x 100% TONNES 6.19% OF GLOBAL ANNUAL PRODUCTION
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. 175.62 TONNES//FINAL ISSUANCE//
JAN:2022 247.25 TONNES //FINAL
FEB: 196.04 TONNES//FINAL
MARCH: 409.30 TONNES INITIAL( THIS IS NOW A RECORD EFP ISSUANCE FOR MARCH AND FOR ANY MONTH.
APRIL: 169.55 TONNES (FINAL VERY LOW ISSUANCE MONTH)
MAY: 247,44 TONNES FINAL//
JUNE: 238.13 TONNES FINAL
JULY: 378.43 TONNES FINAL
AUGUST: 180.81 TONNES FINAL
SEPT. 193.16 TONNES FINAL
OCT: 177.57 TONNES FINAL ( MUCH SMALLER THAN LAST MONTH)
NOV. 219.887 TONNES//INITIAL ( SO FAR MUCH LARGER THAN PREVIOUS MONTHS)
SPREADING OPERATIONS
(/NOW SWITCHING TO GOLD) FOR NEWCOMERS, HERE ARE THE DETAILS
SPREADING LIQUIDATION HAS NOW COMMENCED AS WE HEAD TOWARDS THE NEW NON ACTIVE FRONT MONTH OF NOV. WE ARE NOW INTO THE SPREADING OPERATION OF BOTH SILVER AND GOLD (WILL BE SMALL AS SPREADERS DO NOT PAY ATTENTION TO NOVEMBER)
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 NON ACTIVE DELIVERY MONTH OF NOV., FOR BOTH GOLD AND SILVER:
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 (NOV), 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.”
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 1399 CONTRACTS OI TO 126,799AND FURTHER FROM OUR COMEX HIGH 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 5 YEARS AGO.
EFP ISSUANCE 506 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
DEC 200 ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 506 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 1399 CONTRACTS AND ADD TO THE 506 OI TRANSFERRED TO LONDON THROUGH EFP’S,
WE OBTAIN A STRONG SIZED LOSS OF 893 OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES.
THUS IN OUNCES, THE LOSS ON THE TWO EXCHANGES 4.465 MILLION OZ//
OCCURRED WITH OUR GAIN IN PRICE OF $0.41….. OUR SPEC SHORTS HAVE NOWHERE TO HIDE!
4. Chris Powell of GATA provides to us very important physical commentaries
end
5. Other gold/silver commentaries
6. Commodity commentaries//
7/CRYPTOCURRENCIES/BITCOIN ETC
3. ASIAN AFFAIRS
i)MONDAY MORNING//SUNDAY NIGHT
SHANGHAI CLOSED DOWN 18,19 PTS OR 0.58% //Hang Sang CLOSED DOWN 53,12 OR 0.29% /The Nikkei closed DOWN 30.80 OR 0.11% //Australia’s all ordinaries CLOSED UP 0.21% /Chinese yuan (ONSHORE) closed DOWN TO 7.1151//OFFSHORE CHINESE YUAN DOWN 7.1257// /Oil DOWN TO 82.31 dollars per barrel for WTI and BRENT AT 95.14 / Stocks in Europe OPENED ALL GREEN. ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING STRONGER AGAINST US DOLLAR/OFFSHORE STRONGER
a)NORTH KOREA/SOUTH KOREA
outline
b) REPORT ON JAPAN/
OUTLINE
3 C CHINA
OUTLINE
4/EUROPEAN AFFAIRS
OUTLINE
5. RUSSIAN AND MIDDLE EASTERN AFFAIRS
OUTLINE
6.Global Issues//COVID ISSUES/VACCINE 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 STRONG SIZE OF 5420 CONTRACTS DOWN TO 441,774 DESPITE THE FALL IN PRICE>
EXCHANGE FOR PHYSICAL ISSUANCE
WE ARE NOW IN THE NON -ACTIVE DELIVERY MONTH OF NOV.. THE CME REPORTS THAT THE BANKERS ISSUED A FAIR SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,
THAT IS 1700 EFP CONTRACTS WERE ISSUED: ;: , . 0 FEB: 1700 & ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 1700 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 STRONG SIZED TOTAL OF 3720 CONTRACTS IN THAT 1700 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE HAD A STRONG SIZED COMEX OI LOSS OF 5420 CONTRACTS..AND THIS STRONG SIZED LOSS ON OUR TWO EXCHANGES HAPPENED DESPITE OUR GAIN IN PRICE OF GOLD $14.80. WE ARE WITNESSING SOME SPEC SHORTS COVERING THEIR SHORTFALL. BANKERS CONTINUE AS NET BUYERS OF COMEX GOLD CONTRACTS AS THEY HAVE BEEN NET LONG FOR THE PAST FEW MONTHS. WE ALSO HAD SOME ADDITIONAL NEWBIE SPECS GOING LONG WITH THE LOWER PRICE. IT LOOKS LIKE OUR SPEC SHORTS ARE IN DEEP TROUBLE
// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING NOV (26.923 TONNES),
HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 12 MONTHS OF 2021-2022:
DEC 2021: 112.217 TONNES
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 ’21. 113.424 TONNES
JAN ’21: 6.500 TONNES.
TOTAL YEAR 2021 (JAN- DEC): 601.213 TONNES
YEAR 2022:
JANUARY 2022 17.79 TONNES
FEB 2022: 59.023 TONNES
MARCH: 36.678 TONNES
APRIL: 85.340 TONNES FINAL.
MAY: 20.11 TONNES FINAL
JUNE: 74.933 TONNES FINAL
JULY 29.987 TONNES FINAL
AUGUST:104.979 TONNES//FINAL
SEPT. 38.1158 TONNES
OCT: 77.390 TONNES/ FINAL
NOV 26.923 TONNES/INITIAL (TOTAL SO FAR THIS YEAR 564.435 TONNES)
THE SPECS/HFT WERE UNSUCCESSFUL IN LOWERING GOLD’S PRICE //// (IT ROSE $14.80) BUT WERE SUCCESSFUL IN KNOCKING OFF SOME SPECULATOR LONGS AS WE HAD A VERY FAIR LOSS OF 3720 CONTRACTS ON OUR TWO EXCHANGES. WE HAD SOME SPEC SHORT ADDITIONS AND CONSIDERABLE SPEC SHORT COVERINGS.. WE HAD A STRONG SIZED LOSS ON OUR TWO EXCHANGES OF 3728 CONTRACTS.// WE HAVE LOST A TOTAL OI OF 11.57 PAPER TONNES OF TOTAL OI FROM OUR TWO EXCHANGES, ACCOMPANYING OUR GOLD TONNAGE STANDING FOR NOV. (26.923 TONNES)…THIS WAS ACCOMPLISHED WITH OUR LOSS IN PRICE OF $2.10. WE WITNESSED SPREADER LIQUIDATION TODAY
WE HAD -1532 CONTRACTS COMEX TRADES REMOVED. THESE WERE REMOVED AFTER TRADING ENDED LAST NIGHT
NET LOSS ON THE TWO EXCHANGES 3720 CONTRACTS OR 372000 OZ OR 11.57 TONNES
Estimated gold volume 110,230// awful//
final gold volumes/yesterday 282,121/ fair to good
INITIAL STANDINGS FOR NOVEMBER 2022 COMEX GOLD //NOV 25
Total monthly oz gold served (contracts) so far this month
8655notices 865,500 26.920TONNES
Total accumulative withdrawals of gold from the Dealers inventory this month
NIL oz
Total accumulative withdrawal of gold from the Customer inventory this month
xxx oz
total dealer deposit 0
total dealer deposit: nil oz
No dealer withdrawals
Customer deposits: 0
total deposits nil oz
customer withdrawals:0
total: nil oz
total in tonnes: 0.532onnes
Adjustments: 0//
CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR NOVEMBER.
For the front month of NOVEMBER we have an oi of 213 contracts having LOST 1614 contracts. We had 1823 notices served on FRIDAY so we gained a STRONG 209 CONTRACTS or an additional 20,900 OZ (0.009 TONNES) will stand in this non active month of November. We will have Nov gold tonnage standing increase daily from this day forth until the end of the month.
This queue jumping originates in London with the exercising of London based EFP’s for comex gold.
December LOST A CONSIDERABLE 16,859 contracts DOWN to 61,191 .DEC WILL BE A DILLY OF A DELIVERY MONTH.
JANUARY GAINED 101contracts to stand at 1150
February gained 13,669 contacts up to 327,969
We had 212 notice(s) filed today for 21,200oz
Today, 0 notice(s) were issued from J.P.Morgan dealer account and 0 notices were issued from their client or customer account. The total of all issuance by all participants equate to 212contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 0 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 NOV. /2022. contract month,
we take the total number of notices filed so far for the month (8655 x 100 oz , to which we add the difference between the open interest for the front month of (NOV 213 CONTRACTS) minus the number of notices served upon today 212 x 100 oz per contract equals 865,600OZ OR 26.923 TONNES the number of TONNES standing in this non active month of NOV.
thus the INITIAL standings for gold for the NOV. contract month:
No of notices filed so far (8655 x 100 oz+ (213 OI for the front month minus the number of notices served upon today (212} x 100 oz} which equals 865,600 oz standing OR 26.923 TONNES in this NON active delivery month of NOV..
TOTAL COMEX GOLD STANDING: 26.923 TONNES (A HUMONGOUS STANDING//NEW RECORD FOR NOV (GENERALLY THE POOREST DELIVERY MONTHS FOR A NON ACTIVE MONTH)
To calculate the number of silver ounces that will stand for delivery in NOV. we take the total number of notices filed for the month so far at 682 x 5,000 oz = 3,410,000 oz
to which we add the difference between the open interest for the front month of NOV( 84) and the number of notices served upon today 0x (5000 oz) equals the number of ounces standing.
Thus the standings for silver for the NOV../2022 contract month: 682 (notices served so far) x 5000 oz + OI for front month of NOV (84) – number of notices served upon today (0)x 50070 oz of silver standing for the NOV. contract month equates 3,850,000 oz.
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
NOV 14/WITH GOLD UP $7.30: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.45 TONNES FROM THE GLD///INVENTORY RESTS AT 910.12 TONNES
NOV 11/WITH GOLD UP $15.25//BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.19 TONNES INTO THE GLD////INVENTORY RESTS AT 911.57 TONNES
NOV 10/WITH GOLD UP $40.75: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 908.38 TONNES
NOV 9/WITH GOLD DOWN $2.00: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 2.89 TONNES INTO THE GLD////INVENTORY RESTS AT 908.38 TONNES
NOV 8/WITH GOLD UP $34.40: BIG CHANGES IN GOLD INVENTORY AT THE GLD A WITHDRAWAL OF 1.47 TONNES FROM THE GLD//: INVENTORY RESTS AT 905.49 TONNES
NOV 7/WITH GOLD UP $2.95: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 4.63 TONNES FROM THE GLD//INVENTORY RESTS AT 906.96. TONNES
NOV 4/WITH GOLD UP $44.45 TO $1673.30: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.48 TONNES FROMTHE GLD////INVENTORY RESTS AT 911.59 TONNES.
NOV 3/WITH GOLD DOWN $18.30 TO $1628.85: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 4.05 TONNES FROM THE GLD////INVENTORY RESTS AT 915.07 TONNES
NOV 2/WITH GOLD UP 55 CENTS TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.45 TONNES FROM THE GLD///INVENTORY RESTS AT 919.12 TONNES.
NOV 1/WITH GOLD UP $9.20 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.02 TONNES FORM THE GLD../INVENTORY RESTS AT 920.57 TONNES
OCT 31/WITH GOLD DOWN $4.00; BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.61 TONNES FROM THE GLD//INVENTORY RESTS AT 922.59. TONNES//
OCT28/WITH GOLD DOWN $19.70 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.19 TONNES FROM THE GLD..///INVENTORY RESTS AT 925.20 TONNES
OCT 27/WITH GOLD DOWN $3.80: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 928.39 TONNES
OCT 26/WITH GOLD UP $11.65 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 928.39 TONNES
OCT 25/WITH GOLD UP $3.85: SMALL CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF .29 TONNES OF GOLD INTO THE GLD///INVENTORY RESTS AT 928.39 TONNES
OCT 24/WITH GOLD DOWN $1.80 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.89 TONNES FROM THE GLD////INVENTORY RESTS AT 928.10 TONNES
OCT 21/WITH GOLD UP $19.10: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.74 TONNES FROM THE GLD///INVENTORY RESTS AT 930.99 TONNES
OCT 20/WITH GOLD UP $2.40: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 6.08 TONNES FROM THE GLD///INVENTORY RESTS AT 932.73 TONNES
OCT 19/WITH GOLD DOWN $20.65:: SMALL CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF .29 TONNES FROM THE GLD////INVENTORY RESTS AT 938.81 TONNES
OCT 18/WITH GOLD DOWN $7.40: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.03 TONNES FROM THE GLD////INVENTORY RESTS AT 939.10 TONNES
OCT 17/WITH GOLD UP $14.55: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 3.28 TONNES FROM THE GLD///INVENTORY RESTS AT 941.13 TONNES
OCT 14/WITH GOLD DOWN $26.50 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.16 TONNES FROM THE GLD///INVENTORY RESTS AT 944.31 TONNES
OCT 13/WITH GOLD DOWN $0.40 TODAY: A DEPOSIT OF 1.16 TONNES INTO THE GLD// CHANGE IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 945.47 TONNES
OCT 12/WITH GOLD UP $4.00 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 944.31 TONNES
OCT 11/WITH GOLD UP $10.30 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD//INVENTORY RESTS AT 944.31 TONNES
OCT 10//WITH GOLD DOWN $33.50 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.03 TONNES OF GOLD FROM THE GLD////INVENTORY RESTS AT 944.31 TONNES
OCT 7/WITH GOLD DOWN $10.70: NO CHANGES IN GOLD INVENTORY AT THE GLD///INVENTORY RESTS AT 946.34 TONNES
OCT 6/WITH GOLD UP $.70 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.45 TONNES INTO THE GLD//INVENTORY RESTS AT 946.34 TONNES
OCT 4/WITH GOLD UP $28.65 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 3.19 TONNES INTO THE GLD//INVENTORY RESTS AT 942.89 TONNES
OCT 3.WITH GOLD UP $29.30 TODAY: BIG CHANGES IN GOLD INVENTORY AT THE GLD AND A BIG SURPRISE: A WITHDRAWAL OF 1.45 TONNES FROM THE GLD////INVENTORY RESTS AT 939.70 TONNES
GLD INVENTORY: 910.12 TONNES
Now the SLV Inventory/( vehicle is a fraud as there is no physical metal behind them
NOV 19
NOV 14/WITH SILVER UP 41 CENTS TODAY; NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 471.923 MILLION OZ//
NOV 11/WITH SILVER DOWN 2 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 553,000 OZ FROM THE SLV///INVENTORY RESTS AT 471.923 MILLION OZ//
NOV 10/WITH SILVER UP 39 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV; A DEPOSIT OF 368,000 OZ INTO THE SLV///INVENTORY RESTS AT 472.476 MILLION OZ//
NOV 9/WITH SILVER DOWN 10 CENTS: BIG CHANGES IN SILVER INVENTORY AT THE SLV/; A WITHDRAWAL OF 3.821 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 472.108 MILLION OZ//
NOV 8/WITH SILVER UP 48 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.751 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 475.929 MILLION OZ//
NOV 7/WITH SILVER UP 12 CENTS TODAY; NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 477.678 MILLION OZ//
NOV 4/WITH SILVER UP $1.31 TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 4.972 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 477.678 MILLION OZ//
NOV 3.WITH SILVER DOWN 16 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 566,000 OZ FROM THE SLV////INVENTORY RESTS AT 482.650 MILLION OZ//
NOV 2/WITH SILVER DOWN 9 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 92,000 OZ FROM THE SLV////INVENTORY RESTS AT 483.216 MILLION OZ//
NOV 1/WITH SILVER UP 53 CENTS TODAY:SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 415,000 OZ FORM THE SLV////INVENTORY RESTS AT 483.308 MILLION OZ
OCT 31: WITH SILVER FLAT: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF .644 MILLION OZ FROM THE SLV/INVENTORY RESTS AT 483.723 MILLION OZ//
OCT 28/WITH SILVER DOWN 35 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 276,000 OZ INTO THE SLV////INVENTORY RESTS AT 484.367 MILLION OZ//
OCT 27/WITH SILVER UP 3 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE S: A WITHDRAWAL OF 2.579 MILLION OZ FROMTHE SLV/////INVENTORY RESTS AT 484.091 MILLION OZ//
OCT 26/WITH SILVER UP 11 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.013 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 486.670 MILLION OZ./.
OCT 25/WITH SILVER UP 17 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.083 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 487.683 MILLION OZ/
OCT 24/WITH SILVER UP 6 CENTS TODAY: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF .553 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 485.610 MILLION OZ//
OCT 21/WITH SILVER UP 43 CENTS: SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF .46 MILLION OZ INTO THE SLV///INVENTORY RESTS AT 486.163MILLION OZ//
OCT 20/WITH SILVER UP 33 CENTS: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF .921 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 485.703 MILLION OZ//
OCT 19/WITH SILVER DOWN 27 CENTS: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 1.105 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 486.624 MILLION OZ///
OCT 18/WITH SILVER DOWN 5 CENTS:BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.658 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 487.729 MILLION OZ///
OCT 17/WITH SILVER UP 53 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.151 MILLION OZ INTO THE SLV////INVENTORY REST AT 486.071 MILLION OZ//
OCT 14/WITH SILVER DOWN 77 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 2.211 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 484.920 MILLION OZ//
OCT 13/WITH SILVER DOWN 2 CENTS TODAY: BIG CHANGE IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 4.513 MILLION OZ INTO THE SLV//INVENTORY RESTS AT 482.709 MILLION OZ//
Oct 12/WITH SILVER DOWN 18 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 478.196 MILLION OZ
OCT 11/WITH SILVER DOWN 11 CENTS TODAY: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 5.066 MILLION OZ INTO THE SLV///INVENTORY RESTS AT 478.196 MILLION OZ
OCT 10//WITH SILVER DOWN 65 CENTS TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 473.130 MILLION OZ/
OCT 7/WITH SILVER DOWN 37 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 2.447 MILLION OZ FROM THE SLV///INVENTORY RESTS AT 473.130 MILLION OZ/
OCT 6/WITH SILVER UP 11 CENTS TODAY: BIG CHANGES IN SILVER INVENTORY AT THE SLV/INVENTORY: A WITHDRAWAL OF 5.3 MILLION OZ FROM THE SLV//INVENTORY RESTS AT 475.617 MILLION OZ//
OCT 4WITH SILVER UP $.51 TODAY: NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 480.917 MILLION OZ
OCT 3/WITH SILVER UP $1.46 : NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY RESTS AT 480.917 MILLION OZ//
CLOSING INVENTORY 471.923 MILLION OZ//
PHYSICAL GOLD/SILVER STORIES
1:Peter Schiff .
end
2 Lawrie Williams//Pam and Russ Martens/Jim Rickards/Mathew Piepenburg/Von Greyerz//Rickards:
3. Chris Powell of GATA provides to us very important physical commentaries//
Ghana in talks with Dubai oil refiner to barter gold for fuel
Submitted by admin on Mon, 2022-11-28 10:18Section: Daily Dispatches
By Ekow Dontoh and Moses Mozart Dzawu Bloomberg News Monday, November 28, 2022
Ghana is in talks with Emirates National Oil Co. for a barter arrangement that will enable the West African nation to buy fuel with gold.
The government reached a “tentative” agreement with the Dubai-based oil firm, said Kabiru Mahama, an economic adviser to Vice President Mahamudu Bawumia. Ghana, Africa’s second-largest gold producer, last week ordered large mining companies to sell 20% of the metal they refine to the central bank from Jan. 1 as it builds up reserves of bullion to be used to import fuel and reduce demand for dollars after its currency plunged 57% this year.
“We’re open to any international oil-trading company that is interested,” Mahama said in a phone interview on Friday. “Starting next October, all our oil-product needs would be swapped for gold.” …
Submitted by admin on Fri, 2022-11-25 11:13Section: Daily Dispatches
By Ambrose Evans-Pritchard The Telegraph, London Thursday, November 24, 2022
Vladimir Putin lost his energy war this year. He may still win it next year by exhausting Europe’s will to resist through another gas and power crunch.
The secondary target of his bombing blitz on Ukraine’s energy infrastructure is the EU itself. The damage deprives Europe of crucial electricity imports from Ukrainian plants. Power will have to flow in the opposite direction to prevent a humanitarian disaster in Ukrainian cities
The switch in flows is large enough to change a fragile energy balance. It compounds a fresh gas squeeze already in the works. The effect is to shave Europe’s margin of energy security to wafer-thin levels and to ratchet up the pain through 2023, pushing Europe’s industries closer to the wall.
Putin has already burned so many geopolitical bridges, and suffered such battlefield reverses, that he is almost forced by events to play his final energy cards. Cost fatigue and the wave of appeasement sentiment across the EU core renders the temptation almost irresistible.
“His goal is to set off an uprising of European consumers against their own governments. He wants a Yellow Vest 2.0, this time on steroids,” said Helima Croft, an ex-energy analyst at the Central Intelligence Agency now at RBC Capital.
It is Putin’s bet that he can break Europe before it breaks Russia. …
BlockFi Files For Widely Anticipated Bankruptcy, Cites FTX Collapse
MONDAY, NOV 28, 2022 – 07:31 PM
Crypto lender BlockFi will file for a widely anticipated bankruptcy on Monday, as the fallout from FTX’s implosion continue to spread, a source at the company tells Decrypt.
The New Jersey-based company will “will focus on recovering all obligations owed to BlockFi,” but that “recoveries from FTX will be delayed” due to ongoing bankruptcy proceedings at the failed crypto exchange, reads an official statement.
“With the collapse of FTX, the BlockFi management team and board of directors immediately took action to protect clients and the Company,” said Mark Renzi, the company’s financial adviser.
According to the filing, BlockFi has between 1 and 10 billion in liabilities.
Creditors – of which there are an estimated 100,000 or more, include FTX (second-largest) and the SEC.
The filing also confirms that the company has $256.9 million in cash on hand.
BlockFi allows users to earn a yield for depositing (or ‘staking’) idle cryptocurrencies on the platform. The firm first halted withdrawals on November 11, the day FTX filed for bankruptcy.
“We, like the rest of the world, found out about this situation through Twitter,” BlockFi said at the time. “We are shocked and dismayed by the news regarding FTX and Alameda.”
Around a week later, a source at BlockFi toldDecrypt that it was considering bankruptcy.
As Bitcoin Magazine notes, This filing is yet another example of lenders facing insolvency in recent months in the wake of industry-wide collapse. In July of this year, Celsius filed for bankruptcy, and just recently, Genesis halted withdrawals, forcing Gemini Earn to as well.
According to a source that spoke with Decrypt, alongside the bankruptcy proceedings, BlockFi will also be laying off a “large portion” of its staff.
With the recent implosion of FTX and the connected Alameda Research hedge fund, questions about BlockFi’s ability to cover customer assets began to surface. These only increased after BlockFi confirmed they did not have further clarity on the situation surrounding FTX and began limiting customers on their platform, including halting withdrawals.
In a blog post, BlockFi included additional resources for customers with questions about the proceedings.ONSHORE YUAN: CLOSED DOWN 7.1151
OFFSHORE YUAN: 7.1257
SHANGHAI CLOSED DOWN 18.19 PTS OR 0.58%
HANG SANG CLOSED DOWN 53.12 OR 0.29%
2. Nikkei closed DOWN 30.80 PTS OR 0.11%
3. Europe stocks SO FAR: ALL GREEN
USA dollar INDEX UP TO 106.36 Euro RISES TO 1.0382
3b Japan 10 YR bond yield: RISES TO. +.242!!!(Japan buying 100% of bond issuance)/Japanese yen vs usa cross now at 140.28/JAPANESE YEN COLLAPSING AS WELL AS LONG TERM YIELDS RISING BREAKING THE JAPANESE CENTRAL BANK.
3c Nikkei now ABOVE 17,000
3d USA/Yen rate now well ABOVE the important 120 barrier this morning
3e Gold DOWN /JAPANESE Yen DOWN CHINESE YUAN: UP-// OFF- SHORE: UP
3f 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. EIGHTY percent of Japanese budget financed with debt.
3g Oil DOWN for WTI and DOWN FOR Brent this morning
3h European bond buying continues to push yields lower on all fronts in the EMU. German 10yr bund DOWN TO +2.0755%***/Italian 10 Yr bond yield FALLS to 3.908%*** /SPAIN 10 YR BOND YIELD FALLS TO 3.084…** DANGEROUS//
3i Greek 10 year bond yield FALLS TO 4.312//
3j Gold at $1764.00//silver at: 21.23 7 am est) SILVER NEXT RESISTANCE LEVEL AT $30.00
3k USA vs Russian rouble;// Russian rouble UP 0 AND 19/100 roubles/dollar; ROUBLE AT 60.34//
3m oil into the 82 dollar handle for WTI and 945 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 139.99 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 0.9514–as the Swiss Franc is still rising against most currencies. Euro vs SF 0.9867well 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: 3.810% UP 4 BASIS PTS…GETTING DANGEROUS
USA 30 YR BOND YIELD: 3.908% UP 2 BASIS PTS//
USA DOLLAR VS TURKISH LIRA: 18,62…
GREAT BRITAIN/10 YEAR YIELD: 3.2974%
end
Overnight: Newsquawk and Zero hedge:
FIRST, ZEROHEDGE (PRE USA OPENING// MORNING
Futures, Crude, Crypto, Yuan Tumble Amid Violent China Covid Protests As Goldman Warns Of “Disorderly” Early Exit From Covid Zero
MONDAY, NOV 28, 2022 – 04:53 AM
It finally happened.
After markets had ignored for months the rising tension between China’s artificial Covid Zero lockdowns – which are there not to protect the economy from covid as even the wokest mask-breathers realize by now that the latest diluted iteration of Wuhan’s most infamous export is no different than the flu…
… but to provide the Xi regime with a scapegoat for China’s slow-motion implosion, over the weekend said tension finally erupted as millions of Chinese took to the streets in protest of Beijing’s ongoing lockdown lunacy which late last week led to multiple fire deaths in a building whose doors were literally bolted down as China’s ingenious “covid quarantine”, in many cases accompanied by violence.
As reported earlier, protests spread over the weekend as citizens in major cities including Beijing and Shanghai took to the streets to express their anger on the nation’s Covid controls in a rare show of defiance which some believe raises the threat of a government crackdown, prompting investors to re-think investment plans after jumping back in on reopening hopes.
This culminated in a violent selloff across Chinese stocks, the yuan, US equity futures, crude oil, and cryptos, which all tumbled as China’s protests cast a shadow over the nation’s reopening path and putting investors on edge.
The Hang Seng China Enterprises Index was hardest hit, tumbling more than 4% out of the gate, and paring this month’s sharp advance to less than 16%.
The onshore yuan plunged 1%, the most since May, to 7.2592 per dollar as risk appetite faded.
“We might see some derisking around Chinese markets,” said Chris Weston, head of research at Pepperstone Group Ltd. “We are seeing some outflows of the offshore yuan, which I think is a pretty good indication of how Chinese markets may fare.”
In a note from Goldman China economist Hui Shan (available to pro subs in the usual place), he warned that there is some chance of a “disorderly” exit from Covid Zero in China, as the “central government may soon need to choose between more lockdowns and more Covid outbreaks.” The bank added that “the current situation imposes further downside risk to our Ielow-consensus Q4 GDP forecast.”
Ironically, the Chinese rioting takes place right after the PBOC cut RRR by 25bps last Friday unleashing (a paltry) RMB 500bn in long-term liquidity. While the economic impact may be more limited if the PBOC offsets it with a partial rollover of maturing MLF loans next month, the significance of the RRR cut lies in its signal value: policymakers are attentive to incoming data and the central bank will likely keep monetary policy accommodative in the face of a challenging growth outlook in the next quarter or two.
Needless to say, widespread rioting across China will not ensure peaceful and prosperous golden years for China’s dictator-for-life, Xi Jinping. On the contrary, the latest developments underscore China’s rocky path to reopening as the nation grapples with a record number of Covid cases. Just as ironically, Chinese assets rallied in November as directives for a less-restrictive pandemic approach, coupled with strong support for the property sector, gave investors confidence that the worst is well behind.
But not any more: Hong Kong’s Hang Seng Index fell as much as 4.2% and a separate gauge of Chinese tech stocks down more than 5%. On the mainland, the CSI 300 Index declined as much as 2.8%, while yields on the benchmark note gained one basis point to 2.83%.
The shockwave from China’s riots quickly spread across the Pacific as US equity futures tumbled as much as 0.7% to hit a session low of just above the “nice, round number”, at 4,001.5.
Oil was slammed too, with WTI tumbling as much as $3 from Friday’s close to a session low of $73.75, or right above the level when the Biden admin lied it would restart purchasing oil to refill the SPR which it has drained by more than 200 million barrels in the past year.
Finally, and not like anyone will be surprised by this, crypto which now tumbles to any news, both good and bad, tumbled right on cue, with bitoin sliding from the $16,500 level right back down to $16,000, as even the faintest attempt to reverse the relentless selling of 2022 is promptly crushed.
end
AND NOW NEWSQUAWK (EUROPE/REPORT)
i)MONDAY MORNING// SUNDAY NIGHT
SHANGHAI CLOSED DOWN 18,19 PTS OR 0.58% //Hang Sang CLOSED DOWN 53,12 OR 0.29% /The Nikkei closed DOWN 30.80 OR 0.11% //Australia’s all ordinaries CLOSED UP 0.21% /Chinese yuan (ONSHORE) closed DOWN TO 7.1151//OFFSHORE CHINESE YUAN DOWN 7.1257// /Oil DOWN TO 82.31 dollars per barrel for WTI and BRENT AT 95.14 / Stocks in Europe OPENED ALL GREEN. ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING STRONGER AGAINST US DOLLAR/OFFSHORE STRONGER
2 a./NORTH KOREA/ SOUTH KOREA/
///NORTH KOREA/SOUTH KOREA/
end
2B JAPAN
JAPAN
END
3c CHINA
CHINA/ECONOMY
Apple Shares Fall On 6 Million iPhone Pro Deficit Following Unrest At China Factory
MONDAY, NOV 28, 2022 – 02:20 PM
Apple shares fell nearly 2% in US premarket trading Monday on news that unrest at the world’s largest iPhone factory in central China could result in a production shortfall of iPhone Pro units this year, according to Bloomberg, citing a person familiar with assembly operations.
The person said Apple’s manufacturing partner Foxconn Technology Group’s factory in Zhengzhou, could wind up with a 6 million iPhone Pro production shortfall by the end of the year, adding the situation remains fluid and lost production numbers could change.
A lot will depend on how fast Foxconn can hire new workers and revive full capacity on assembly lines after weeks of unrest at the plant over Covid restrictions and disputes about pay. Thousands of workers were given $1,400 to leave the plant last week, a move by Foxconn to quell the unrest. Still, the Covid situation in China is worsening, and lockdowns in the weeks ahead could create even more production woes.
News of Apple facing a 6 million iPhone deficit sent shares lower this morning, down nearly 2% as of 0630 ET.
Bloomberg’s breakdown of Apple’s supply chain shows Foxconn (otherwise known as Hon Hai Precision Industry Co., Ltd.) is a top supplier. Any manufacturing disruption in China could leave AT&T, Best Buy, and Verizon stores without iPhones.
The facility produces most of the iPhone 14 Pro and Pro Max devices, Apple’s most in-demand devices this year. However, sales for the premium iPhones have rapidly cooled, and Bloomberg reported earlier this month that Apple lowered overall production targets to 87 million devices or fewer, compared with a target of 90 million units earlier.
“It demonstrates that everyone, even Apple, is susceptible to supply-chain constraints in China due to Covid,” said Anshel Sag of Moor Insights & Strategy.
Morgan Stanley analysts recently estimated the iPhone Pro model shortfall would be around 6 million, but such a forecast was made before the unrest at the plant.
end
US Bans Huawei, ZTE Telecom Equipment Citing Threats To National Security
U.S. regulators have imposed a ban on electronic equipment created by several major Chinese tech corporations, citing national security concerns.
The Federal Communications Commission (FCC) adopted new rules on Nov. 25 that will prohibit the import or sale of Chinese communications equipment deemed to pose an unacceptable risk to national security.
The new rules will bar equipment from Chinese telecom firms Huawei and ZTE from being imported into or sold in the United States. The order will also prohibit telecommunications equipment and video surveillance equipment produced by Hytera, Hikvision, and Dahua, as well as the companies’ subsidiaries or affiliates
By unanimous vote, the FCC concluded that the products posed an “unacceptable risk to [the] national security of the United States or the security and safety of United States persons,” according to a statement.
“The FCC is committed to protecting our national security by ensuring that untrustworthy communications equipment is not authorized for use within our borders, and we are continuing that work here,” said Chairwoman Jessica Rosenworcel.
“These new rules are an important part of our ongoing actions to protect the American people from national security threats involving telecommunications.”
Products from the companies will not be allowed for import, marketing, or sale until the FCC approves the measures taken by the companies to remedy how their products might be used against the national interest.
Congress voted to bar all federal agencies from purchasing products from the five listed companies back in 2018. The new rules will expand and modify the FCC’s “Covered List” of banned products to prevent private entities from bringing the items into the United States.
“Today, the FCC takes an unprecedented step to safeguard our communications networks and strengthen America’s national security,” said FCC Commissioner Brendan Carr.
“Our unanimous decision represents the first time in the FCC’s history that we have voted to prohibit the authorization of communications and electronic equipment based on national security considerations. And we take this action with the broad, bipartisan backing of congressional leadership.”
The order on Friday implemented requirements from the Secure Equipment Act of 2021, which was signed into law by President Joe Biden last November, the FCC said.
Australia, Canada, New Zealand, the UK, and the United States have all declared the use of Huawei telecommunications equipment, particularly in 5G networks, to pose significant security risks to infrastructure. U.S. officials and experts have also sounded the alarm that the company’s ties to the Chinese Communist Party mean that its products could be used to spy on Americans or interfere with the free flow of data worldwide.
Alexander COVID News-Dr. Paul Elias Alexander’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
SHANGHAI (AP) — Protesters angered by strict anti-virus measures called for China’s powerful leader to resign, an unprecedented rebuke as authorities in at least eight cities struggled to suppress demonstrations Sunday that represent a rare direct challenge to the ruling Communist Party.
Police using pepper spray drove away demonstrators in Shanghai who called for Xi Jinping to step down and an end to one-party rule, but hours later people rallied again in the same spot. Police again broke up the demonstration, and a reporter saw protesters under arrest being driven away in a bus.
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The Consumer Economy Has Completely Collapsed – “It’s a Ghost Town” for Holiday Shopping Everywhere – The Last Refuge
I am amused by the European complaints i hear, saying the United States is profiting at Europe’s expense. Frankly what else should be expected? LNG from America has always been expensive and now that Qatar has done a deal that sows up most of their LNG production for the next 20+ years, Germany will suck wind and pay dearly for energy to whoever can supply it. All this was in play for some time so why the surprise?
There is a phrase for this kind of Captain Obvious moment — it is called “No Shit Analysis”, NSA for short. Clearly, the coming days and weeks will see the recriminations and resentment towards the United States grow and spread throughout Europe. Politicians never accept blame for their mistakes. This will make it more difficult for Europe to support the war in Ukraine at the very time that Ukraine’s needs for foreign aid and military support if it is to make much further. At the same time, Europeans are experiencing anger towards the Ukrainians that have left the Ukraine, who in many cases seem better off than their hosts with an endless supply of cash. Perhaps Klaus can continue sell his dream model for a time however it seems the hourglass is running out on him and his globalist agenda.
Frankly, the best thing for Europe is that Russia ends this conflict soon and destroys the Nazi types and their enabling Neocons. Sending them packing to whatever fools want them. The rising angry in the Ukraine itself will serve sentence upon the locals who sold them out for money. Europe will have to deal with the motley fanatics that will soon bail. Already in Belarus efforts are underway to ensure that such folks do not make it in with new checkpoints and surveillance at Brest. Actually in other areas the Ukrainians have already mined bridges and like to keep people in to prevent an exodus so other corridors left open are being sealed. Whether this spreads to Poland and others remains to be seen as most of this crowd is likely to go further west.
Meanwhile global momentum of capital is still headed into USD and the DOW on a daily basis as capital seeks refugee from the contagion that is spreading. And if you look out to producing nations in Asia you will see production declining in factories that run 3-6 months in advance of seasons suggesting that buying is being curtailed in anticipation of lower consumer spending. You can always tell what consumer spending will be by looking out to the factories that produce physical goods.
2023 promises to be full of surprises and delicate moves.
Zelensky Warns Next Wave Of Airstrikes Imminent As Crews Struggle To Restore Power
MONDAY, NOV 28, 2022 – 05:30 PM
Large swathes of Ukraine still remain in the dark, with emergency and utility crews currently racing to restore power and heat to major cities, at a moment Ukrainian President Volodymyr Zelensky is warning the public to brace for more major Russian airstrikes.
Zelensky told the country Sunday night that the Russians “are preparing new strikes and as long as they have missiles, they won’t stop.” Last week saw some of the most brutal and large-scale waves of aerial strikes on Ukraine’s energy grid since the war began, leaving at least 10 million Ukrainians without power.
“The upcoming week can be as hard as the one that passed,” Zelensky added in the fresh remarks. Even parts of the country that have had power must endure rolling emergency blackouts. “We understand that the terrorists are planning new strikes. We know this for a fact,” Zelensky forewarned.
Kyiv Mayor Vitali Klitschko has said that millions within the capital city might have to be evacuated as temperatures continue to plunge, and as it sees the first waves of snowfall this month. Missile attacks have shut down essential services, and warming centers and shelters have been set up where there is availability.
Last week Klitschko warned that more rounds of sustained Russian attacks could result in a complete shutdown of Ukraine’s largest city.
But President Zelensky in a rare moment suggesting internal government infighting lashed out at his own officials:
“I know that, unfortunately, not in all cities the local government has done a good job. In particular, there are many complaints in Kyiv. I expect better quality work from the mayor’s office… it is the responsibility of every local official to ensure that everything that should be there for people actually works,” the president said.
Western countries are reportedly getting ready to boost humanitarian aid efforts as the coldest months of the year are just around the corner for Ukrainians.
The New York Times on Sunday also reported that the weather is an ever more difficult factor on the battlefield: “Increasingly frigid winter weather presented new challenges for Ukraine on Sunday as mud churned up the battlefield and snowfall made the government’s task of restoring power supplies devastated by weeks of Russian bombing all the more urgent.”
“The state energy company, Ukrenergo, said that there was enough electricity to cover 80 percent of the country’s consumption needs because nuclear power stations, disconnected from the national grid by Russian attacks last week, had been brought back online,” NYT continued.
The government meanwhile has continued calling on Ukrainians to make conscious efforts at cutting back electricity usage: “If consumption increases in the evening, the number of outages may increase,” Zelensky had warned over the weekend. “This once again shows how important it is now to save power and consume it rationally.”
end
5.//UKRAINE
Robert H to us:Backing down from the confrontations they began and chaos they caused is not something the Neocons like doing. Whether it was Vietnam, Iraq or Afghanistan the departures are all really the same. So when the last US helicopters take off from the roofs of the US embassies in Kiev and Lvov, we shall see, a repeat of history with mass dollar waste in weapons. The exception is billions of dollars in weapons have been sold which will ignite new disasters in the future.
Last Friday an electrician near Kiev said to friends there: ‘This war is horrible. And it’s only going to get worse. There’s only one solution. We’ll line up all the politicians from the Rada (Parliament) and shoot them. Then peace will come immediately’. Think about this. I have cautioned that before this is finished these war mongers and traitors will be killed and fed to pigs. And remaining Ukrainians will resent the West for the destruction that has occurred. Why i say this is it would be consistent with what happened in South East Asia in countries like Laos where Americans are still disliked or Afghanistan where even people befriended have been abandoned to the Taliban. In fact some afghan troops trained by the West are in the Ukraine fighting on behalf of Russia. Interestingly enough, these same troops are not interested in Western involvement having been betrayed.
I am told from Kiev that there are more and more Ukrainians saying the same thing: there must be a popular revolt to stop it all. Get ready for it there and, at the rate things are going, get ready for the same thing in Western countries as well.
The transcript is not yet available and no reporters were allowed. But from the Attorneys General who brought the suit, the plaintiffs in the case and their attorney, and other parties to the lawsuit against the Biden administration, we have some information about the deposition provided by Anthony “I am the Science” Fauci. He has been the face of the pandemic response and stands accused of colluding with Big Tech to suppress dissent in violation of the First Amendment.
The question of whether the deposition was to be public was itself the subject of legal attention. The Department of Justice filed to block all recording and personally identifiable information for fear of public harassment, and this condition was granted. As a result, we have no transcript (yet) and one senses a great skittishness even from those who were there to explain the fullness of what transpired. Major national media have shown no interest in getting the story.
Nonetheless, we do have information thanks to some candid tweets and an article by one of the plaintiffs. The main takeaway is that Fauci has come down with a serious case of amnesia. Over seven hours, reported Louisiana Attorney General Jeff Landry, he mostly stonewalled detailed questioning by answering that he has no clear memory of details that would shed light on his involvement in speech suppression.
“Wow! It was amazing to spend 7 hours with Dr. Fauci. The man who single-handedly wrecked the U.S. economy based upon ‘the science.’ Only to discover that he can’t recall practically anything dealing with his Covid response!”
This is despite the hundreds of pages and many public statements that seem to confirm that the White House and many government agencies worked very closely with Google, Facebook, Twitter, and others, to control the narrative for the better part of two years. And these efforts are probably ongoing.
Eric Schmitt, the Attorney General of Missouri and now Senator-Elect, bought the suit along with the Attorney General of Louisiana. Schmitt tweeted “some takeaways from the deposition of Fauci: Fauci knew the Lab Leak theory had merit but it’d come back to him & sought to immediately discredit it; He defended lockdowns; The rest of us ‘don’t have the ability’ to determine what’s best for ourselves.”
In addition, he wrote: “In the Fauci depo this week the court reporter sneezed. Fauci wanted her to wear a mask. This is the mentality in Nov 2022 of the guy who locked down our country & ruined countless lives & livelihoods.The Experts followed suit. Dissent was censored. In America. Never Again.”
Plaintiff Aaron Kheritary, Brownstone Senior Scholar and Fellow, explains as follows:
UPDATE: from our deposition of Fauci yesterday in the MO v. Biden case. Fauci confirmed that in Feb 2020, Fauci sent Clifford Lane, his deputy at the NAIAD, as the U.S. representative for the WHO delegation to China. Lane convinced Fauci we should emulate China’s lockdowns.
The CCP had announced China had contained the virus through draconian lockdowns–a claim now known to be false. Given the (sic) China’s pattern of falsified information, Lane and Fauci should have approached this claim with skepticism. Lockdowns were wholly untested & unprecedented.
As our lawyer, @Leftylockdowns1 put it, Fauci “was apparently willing to base his lockdown advocacy on the observations of a single guy relying on reports from a dictator.” Not exactly a double-blind randomized trial level of evidence, or indeed, any level of evidence.
Days after Lane returned, WHO published its report praising China’s strategy: “China’s uncompromising and rigorous use of non-pharmaceutical measures [lockdowns] to contain transmission of the COVID-19 virus in multiple settings provides vital lessons for the global response.
“This rather unique and unprecedented public health response in China reversed the escalating cases,” the report claimed. My colleague @jeffreyatucker at the @brownstoneinst gave a tongue-in-cheek gloss of WHO’s misty eyed report: “I’ve seen the future—and it is Wuhan.”
Lockdowns quickly spread from China to the West, as a troubling number of Western apologists besides the WHO also looked to the Chinese Communist Party’s covid response for guidance.
The U.S. & U.K. followed Italy’s lockdown, which had followed China, and all but a handful of countries around the globe immediately followed our lead. Within weeks the whole world was locked down.
From the very beginning, the evidential basis for this global policy catastrophe was always paper-thin. We are now living in the aftermath.
John Sauer, “And Mr. Lane, after returning from the trip, said the Chinese were managing this in a very structured, organized way; correct?… Did you discuss Mr. Lane’s experience on the trip with him when he got back from the WHO trip?”
Dr. Fauci, ” The answer is I did… Dr. Lane was very impressed about how from a clinical public health standpoint, the Chinese were handling the isolation, the contact tracing, the building of facilities to take care of people, and that’s what I believed he meant when he said [they] were managing this in a very structured organized way.”
Sauer: “So he drew the conclusion that there might have to be extreme, in his word, measures to mandate social distancing to bring the outbreak under control; correct?”
Fauci: “That’s what this is implying, yes… He did discuss with me that the Chinese 19 had a very organized way of trying to contain the spread in Wuhan and elsewhere. He didn’t get a chance to go to Wuhan, but he was in Beijing, and I believe other cities — at least Beijing — and he mentioned that they had a very organized, well regimented way of handling the outbreak.
Sauer: “And so he had a kind of positive reaction to that. There might be lessons to be learned for the United States in its response to the outbreak?”
Fauci: “I believe Dr. Lane came to the conclusion that when you have a widespread respiratory disease that a very common and effective way to curtail the rapid spread of the disease is by implementing social distancing measures… Dr. Lane is a very astute clinician, and I have every reason to believe that his evaluation of the situation was accurate and correct.”
Just to be clear, Fauci has here described a policy response that included welding shut the doors to people’s apartments and full totalitarian controls on movement as a “very organized” and “well regimented” implementation of “social distancing measures.”
Fauci is a skillful liar. As we have seen now for months in his public comments, he lies when he feels he can get away with it or when he feels there will be no meaningful consequences.
Fauci frequently lied unless and until he was confronted with alternate facts. For example, he claimed he really wasn’t familiar with Ralph Baric (creator of the COVID virus) or Peter Daszak (who brokered Fauci’s NIAID grant money to the Chinese biolab in Wuhan), until he was confronted with evidence that his own chief of staff emailed him describing Daszak and Baric as being part of Fauci’s team!
Fauci claimed that he had no knowledge that his communications team did not coordinate with social media companies to stop “misinformation and disinformation” until he was forced to admit that he actually did know of certain instances of coordination.
Fauci continued to push the now-debunked assertion that COVID-19 was a naturally occurring virus.
Fauci said disinformation and misinformation (information he disagrees with) puts lives at risk.
Fauci refused to define “gain of function” research saying it was too broad of a term to define.
FUN FACT: until VERY recently, Fauci’s daughter worked for Twitter.
FUN FACT: Fauci is a hypochondriac. In a bizarre and stunning segment during the deposition, Fauci blew off some of his frustration on the poor court reporter. The court reporter transcribing the deposition sneezed, and Fauci stopped the deposition and scolded the court reporter: “WHAT’S WRONG WITH YOU??? Do you have some sort of respiratory illness, because in the era of COVID, I’m concerned about being near you.” Court Reporter: “I’m not sick, I just have allergies. I can wear a mask though.” Fauci: “Ok. Thank you, because the last thing I want is to get COVID. [notably, (1) Fauci himself did not wear a mask at any point during the deposition, and (2) he appeared to be several feet away from the court reporter].
FUN FACT: in another Fauci hypochondria spasm, Fauci conspicuously mean-mugged Louisiana Attorney General Jeff Landry after Landry sneezed into his suit coat jacket.
Gamesmanship. Whenever introduced to a difficult topic, he dishonestly refused to define key terms so he could avoid being pinned down and held accountable. For example, when discussing the topic of “gain of function” research, he refused to acknowledge what the term meant, objecting that it was a term so broad it could not be defined.
Fauci repeatedly claimed that he “couldn’t recall” or “couldn’t remember,” and attempted to bolster these incredible statements by appealing to the volume of emails he would receive or issues or studies that would come across his desk. This is simply not credible for nearly all of such statements, because the incidents in question were either recent or within the past three years, and they were all highly politically charged.
Fauci’s other method of lying was simply to pretend that he didn’t understand something, and then hope the lawyer asking the question wouldn’t be able to catch him in the lie. For example, he very obviously lied at one point when he claimed he didn’t know what Meta (parent company of Facebook) was, until he was forced to admit that he did, in fact, know what Meta was.
Another Fauci tactic: when forced to admit he had made a communication or reviewed a key record at a key time, or knew or worked with a key individual, he would try and downplay each negative fact by (1) downplaying the significance of the communication, (2) suggest that while he reviewed the key record, he didn’t really read it carefully, or (3) with false humility suggest that he was not an expert in X field and so did not fully understand the scientific study at issue, or (4) claim that, while he did “know” said individual, he doesn’t really know them that well because he meets so many doctors and scientists as part of his job.
Other Fauci deceit tactics: throwing subordinates under the bus. Fauci is a famous survivor among bureaucrats. One way he has survived this long is by only taking credit for wins and pawning off losses on hapless subordinates. This trend continued in his deposition, in which he brazenly argued that, while he is the head of the NIAID and its $6 billion budget, he repeatedly didn’t have any knowledge about what his immediate direct reports were doing right under his nose. Fauci supports accountability, so long as he has a subordinate to sacrifice.
Fauci argued that Hydroxychloroquine was “dangerous” and had “toxic” side effects…. Fauci claimed HCQ was ineffective in treating COVID, but couldn’t cite a single study to support his claim. Fauci also rejected the list of 371 studies on HCQ and its effectiveness in treating the disease when he was presented with the list.
Fauci admitted lying to the public. In one of the more amazing segments during his deposition, Fauci admitted that he knowingly made false public health statements at the beginning of the pandemic, advising people against using masks in order to discourage the public from depleting the supply of masks.
Fauci admitted he got his ideas of a lockdown from the Communist Chinese who implemented their extreme lockdowns in January 2020.
Jenin Younes, attorney for the plaintiffs who works with the New Civil Liberties Alliance, wrote on Twitter: “One of my favorite quotes from Fauci’s deposition today: “I have a very busy day job running a six billion dollar institute. I don’t have time to worry about things like the Great Barrington Declaration.”
Keep in mind that we have full records of emails in which Fauci took credit for coming “out very strongly publicly against the Great Barrington Declaration.”
In conclusion, we have here a revealing account of astonishing testimony from Fauci, which, to those of us who have followed this case closely from the very beginning, is only shocking because it confirms the fullness of the treachery we have long suspected was at the very heart of the US lockdown experience. We also have confirmed that the phrase “social distancing” really is nothing but a euphemism for a China-style full assault on everything we once called freedom in the West.
end
Watch: Fauci Blames Trump For China’s COVID Cover Up
The overlord of science Anthony Fauci blamed President Trump Sunday for China’s continued obfuscation of the origins of COVID, claiming that it was Trump’s “anti-China approach” that encouraged the Communist state to be non-cooperative.
Now that he has retired, Anthony Fauci is devoting even more time to his favourite hobby, appearing on the news, shilling for China, and telling people to get booster shots.
In his latest appearance on CBS’ Face The Nation, Fauci declared “What happens is that if you look at the anti-China approach, that clearly the Trump administration had right from the very beginning, and the accusatory nature, the Chinese are going to flinch back and say, Oh, I’m sorry, we’re not going to talk to you about it, which is not correct. They should be.”
“I think that horse is out of the barn, and they’re very suspicious of anybody trying to accuse them,” Fauci continued, adding “We need to have an open dialogue with their scientists and our scientists, keep the politics out of it. And let the scientists- because these are scientists that we’ve known for decades, and we’ve collaborated with them.”
He also blamed Republicans for politicising COVID and claimed he has “never been” political:
Fauci also claimed that China often “acts secretive” even “when there’s nothing at all to hide,” citing the SARS-CoV-1 outbreak in the early 2000s as one example.
CBS host Margaret Brennan asked Fauci if he “agrees with that word cover-up?” to which he responded “I don’t know what that means.”
“I’m not sure what they’re talking about. I mean, if cover-up is not allowing people to come in and look at all the data, that’s not a cover, that’s not being transparent,” he further stated.
In a separate interview on NBC, Fauci repeated the claim that China always acts secretive and weird… nothing new to see here.
“Even when there’s nothing to hide they act in a suspicious, non-transparent way just probably because they don’t want to make it look like there’s a blame,” Fauci proclaimed.
During both interviews, Fauci shilled for more booster vaccines, claiming that multiple shots every year will be needed, and we are still in a pandemic.
And don’t forget to test everyone before dinner…
He also said he “doesn’t know” if schools will shut down again:
Finally Fauci, bragged that now the Republicans don’t have control over the Senate, an investigation of him led by Rand Paul is “not going to happen.”
Meanwhile, over at ABC, the latest Biden COVID minion Ashish Jha was asked “what do you do?” in response to the fact that “People aren’t listening” when being told by Fauci and others to get booster shots.
As we noted last week, Jha says he really believes that “God gave you two arms” so you can be injected with both the COVID booster and the Flu shot.
end
Pfizer CEO Blasted By UK Pharma Watchdog For “Disgracefully Misleading” Statements On COVID Vaccine
You might think that an official rebuke of Pfizer’s CEO for misleading the public on the benefits of its COVID vaccine would be big news, especially given the fill court press by vaccine absolutists to compel people to receive the shots.
6 months ago, Dr. Bourla appeared with Klaus Schwab at the Wiorld Economic Forum (YouTube screengrab)
But even with a Google search, I have not yet seen any US media coverage of a starling rebuke delivered to Pfizer CEO Dr. Albert Bourla by a panel convened by the UK Prescription Medicines Code of Practice Authority (PMCPA). The criticism followed remarks he made in a December 2021 interview with the BBC. The following account is derived from an article in the Melbourne, Australia Herald-Sun by Frank Chung.
In early December 2021, Dr Bourla used an interview with BBC Breakfast to claim that the virus was “thriving” in schools and “there is no doubt in my mind that the benefits, completely, are in favour of” giving five-year-olds the vaccine.
“This is disturbing, significantly, the educational system, and there are kids that will have severe symptoms,” he said. (snip)
By March 2022, some data were showing the effectiveness of the children’s vaccine plummeted to just 12 per cent within weeks of inoculation.
Dr Bourla said in the BBC interview that the main benefit of immunising children was “the indirect protection of adults”.“The extent to which we can do that and protect adults by avoiding them being infected by children with the current vaccines is still quite uncertain,” he said.
“So, that’s the balance — we clearly want to protect children as much as possible and we’ve got good evidence now that this vaccine, even at a low dose, produces a really good protective immune response in children and produces many fewer side effects because of the lower dose.
The CEO’s touting of “good evidence” and his promotion of a jab that turned out to have but 12% effectiveness, drew an almost immediate complaint:
Shortly after the interview was published, parent lobby group UsForThem lodged a formal complaint with the Prescription Medicines Code of Practice Authority (PMCPA).
The complaint alleged Dr Bourla’s remarks were “disgracefully misleading” and “extremely promotional in nature”, breaching several clauses of the Association of the British Pharmaceutical Industry’s (ABPI) code of practice, The Telegraph reported. (snip)There is simply no evidence that healthy schoolchildren in the UK are at significant risk from the SARS COV-2 virus and to imply that they are is disgracefully misleading,” the complaint said.
A code of practice panel convened by the PMCPA found Pfizer had breached the code in a number of different ways, including by misleading the public, making unsubstantiated claims, and by failing to present information in a factual and balanced way, according to The Telegraph.
Pfizer appealed the findings, arguing Dr Bourla’s remarks were based on “up-to-date scientific evidence” and could be substantiated by the “publicly available independent benefit-risk assessments”.
An appeal board panel met in November, where the breaches relating to misleading the public, making unsubstantiated claims and the lack of balance were upheld.
The more serious findings, including that Pfizer had brought discredit to the industry, had encouraged irrational use of a medicine and had failed to maintain high standards, were overturned.
The full case report will be published in coming weeks.
Pfizer is one of the largest television advertisers in the United States. That’s why I don’t expect this strong rebuke of its CEO to get much publicity here.
VACCINE IMPACT
he Vaccine Cult Wants to Rid the Earth of Anti-Vaxxers by Labeling Them Insane and DangerousNovember 27, 2022 8:19 pmUniversal repeat vaccinations for everyone has always been the goal for the vaccine pushers. Their first attempt at repeat universal vaccine products was the annual flu shot, but when people stopped becoming afraid of the flu and vaccination rates dropped, they needed something that created more fear, and that something became COVID-19. Starting in China at the end of 2019, the great COVID-19 scam worked probably better than the Globalists had even anticipated, and most of the world’s population ran out to get the COVID vaccines about a year later. Then the vaccine was mandated in most places as a condition to continue with employment, to further increase distribution of the universal COVID vaccine. Now there is one last hurdle for continuous, repeat universal vaccines like COVID-19, and that hurdle is the group known as “anti-vaxxers.” The plans to silence anti-vaxxers is starting to take shape, and the main thrust of this plan is to label anti-vaxxers as having a mental disorder, and being a danger to society. And while the pro-vaccine zealots want to label anti-vaxxers as mentally disabled, neurological diseases have exploded in those who have been vaccinated with COVID-19 vaccines based on statistics recorded in the government’s Vaccine Adverse Events Reporting System (VAERS.) These numerous brain injuries might help those of us still functioning with non-vaccine injured brains understand how such a study as the one just published in the journal BioMedicine that claims to “demonstrate that misinformation perpetuated by the anti-vaccination movement may be causing more deaths and side effects from any vaccine,” could ever be accepted for publication in a so-called “scientific” journal. How convenient. Now a member of the vaccine cult can experience deadly side effects from a vaccine and blame it on the “misinformation” put out by anti-vaxxers, rather than the vaccine itself. Those anti-vaxxers are insane! Stop the madness! That may sound like sarcasm and joking, but it is no joke. This is how the vaccine cult wants to label anti-vaxxers. Such a label can then be used to coerce “insane” people to be vaccinated by force if a medical doctor dictates so.Read More…
Two doses of COVID-19 vaccines are unlikely to protect against infection by Omicron. A third dose provides some protection in the immediate term, but substantially less than against Delta. REMINDER
Alexander COVID News-Dr. Paul Elias Alexander’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
It is data such as this the governments and public health officials hide and will not describe to you. They should be ashamed in Ontario. I have embedded only what is key here and the graphs and tables are explanatory. You are incredibly smart critical thinkers and will see the negative effectiveness etc. in Delta vs Omicron. The vaccine failed straight out of the box and early 2022 it should have been stopped. Before that even, in March of 2021. They forced boosters even being aware of this data.
Criminals, for they knew they were setting you up for the booster treadmill, IV bag booster drips you are headed for.
This man must be fully investigated & if shown he did no wrong, let him have his pension & live life fully & happily, to enjoy it, but if shown his policies were reckless, caused deaths, we jail him!
‘While the deposition uncovered no smoking guns, the sheer volume of things Fauci “couldn’t recall” or “couldn’t remember,” along with his obvious attempts at providing misleading and deceptive responses, collectively damned his testimony.’
Fuller died on November 18, 2022, after a brief non-COVID-related illness, according to her obituary. She played a crucial role in securing the emergency use authorizations for the three COVID vaccine
I also embed this short piece on The Wellness Company and The UNITY Project.
First, The Wellness Company.
I am proud to announce a unique partnership with The Wellness Company and everyone who believes in medical freedom. My dear and esteemed colleagues Dr. Peter McCullough and Dr. Harvey Risch are also in partnership with The Wellness Company which provides telemedicine services for long-haul COVID, vaccine injury, and medical exemptions along with supplements and products that are fully aligned with our values. This support for The Wellness Company stems from the sub-optimal medical care and response that we experienced throughout the pandemic. It became apparent that there are many glaring gaps in our healthcare system and people were not properly treated. Thus, the pivot by us to support The Wellness Company. Take a stand against a broken healthcare delivery system with a membership in The Wellness Company, which directly funds our fight against medical tyranny. Click here The Wellness Company for more information.
Special thanks to Milan S for sending these Dr Alexander clips
Fwd: UK & Australia: what is happening as to new infections & cases? look at excess deaths in both nations; look at Jap…
Inbox
Milan Sabioncello
2:50 PM (3 hours ago)
to me
———- Forwarded message ——— From: Dr. Paul Alexander from Alexander COVID News<palexander@substack.com> Date: Sun, Nov 27, 2022 at 10:46 PM Subject: UK & Australia: what is happening as to new infections & cases? look at excess deaths in both nations; look at Jap… To: <sabioncello@gmail.com>
Open in app or onlineUK & Australia: what is happening as to new infections & cases? look at excess deaths in both nations; look at Japan & South Africa cases? why the difference? look at excess mortality above 0% lineDid you whisper “Dr. Alexander, come on, it’s the vaccine that is driving variants & viral immune escape & vaccinated becoming infected due to original antigenic sin & antibody dependent enhancementDR. PAUL ALEXANDERNOV 28SAVE▷ LISTENDid you remind us that infections and cases are surging in highly vaccinated nations as we told you it would? Did you say that nations that used early treatment and prophylaxis feared best? Did you say that it is the vaccine that is sub-optimal and non-lethal to the virus that is driving selection pressure on the antigen and thus selection of more infectious (and potentially more virulent) variants to emerge? That the pandemic will never end once we keep these vaccines going?Then, grasshopper, you could leave the temple! You can now leave!Australia suffered 15x more Excess Deaths in the first 7 months of 2022 than it did in the whole of 2020https://expose-news.com/2022/11/26/australia-15x-increase-excess-death-2022/Dear Readers,Upgrade to paidI also embed this short piece on The Wellness Company and The UNITY Project.First, The Wellness Company.I am proud to announce a unique partnership with The Wellness Company and everyone who believes in medical freedom. My dear and esteemed colleagues Dr. Peter McCullough and Dr. Harvey Risch are also in partnership with The Wellness Company which provides telemedicine services for long-haul COVID, vaccine injury, and medical exemptions along with supplements and products that are fully aligned with our values. This support for The Wellness Company stems from the sub-optimal medical care and response that we experienced throughout the pandemic. It became apparent that there are many glaring gaps in our healthcare system and people were not properly treated. Thus, the pivot by us to support The Wellness Company. Take a stand against a broken healthcare delivery system with a membership in The Wellness Company, which directly funds our fight against medical tyranny. Click here The Wellness Company for more information. I also provide scientific support to The UNITY Project out of California. I support this tremendous initiative with some fine colleagues who have been warriors in the fight against all the wrongs in COVID. The UNITY Project aligns with my core values for it is very fierce in its fight to protect children from the danger of the largely safety untested COVID gene injection (The Unity Project Formed by Concerned Parents to Coordinate Opposition to California’s K-12 COVID-19 Vaccination Mandate).Alexander COVID News-Dr. Paul Elias Alexander’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
Secret CDC Report confirms half a Million American Children & Young Adults have died since COVID Vaccine roll-out & a UK Gov. Report confirms it’s likely due to COVID Vaccination
The Greater Idaho Movement seeks as many as 15 counties in Republican-majority rural eastern Oregon to join with neighboring Idaho to the east.
So far, 11 counties have signed on since the movement launched in 2019. Another county will vote on whether to investigate the secession process early in 2023.
If both states ultimately agree to separation, the next step would be to form an interstate compact between Idaho and Oregon, something McCaw believes has “plenty of popular support.”
The benefits would be mutual, he said.
For example, though Oregon would end up losing about 400,000 (9 percent) of its population and ceding 63 percent of its land mass to Idaho, a political merger would end the longstanding partisan divide in Oregon, where Democrats comprise 47 percent of the electorate.
The situation is nearly the reverse in Idaho, with nearly 84,000 square miles, 2 million residents, and a gross domestic product that exceeds $79 billion. Moreover, nearly 50 percent of the state leans conservative and Republican.
Oregon, by contrast, encompasses more than 98,000 square miles and has 4 million residents and a gross domestic product of $224 billion. Vast swathes of some 30 million acres of productive forestland lie in the eastern part of the state.
McCaw said most of Oregon’s wealth comes from industry and finance in the western coastal area, where liberal politicians in the state’s largest city of Portland often decide the state’s policies.
McCaw said that political and cultural polarization is a problem not only in Oregon but across the United States. He said there is a “huge urban [and] rural divide” that is “only getting bigger.”
He said that disapproval with the 2022 midterm elections among conservatives would only fuel partisan realignments at the state and county levels.
“We’re about matching government to people and their values. You get rid of polarization and tension by matching people to the government they want,” McCaw told The Epoch Times.
In San Bernardino County, with more than 2 million residents, real estate developer Jeff Burum proposed Measure EE as a way to leave California and create the new state of Empire.
At issue is the state’s apparent inability to supply the resources or funding to support a growing population.
The measure asked voters their “opinion on whether they want San Bernardino County elected representatives to study and advocate for all options to obtain the county’s fair share of state funding, including secession from the state of California.”
Burum told The San Bernardino Sun, “I would never wilfully want to leave this state. But I can tell you this, if you’re just going to continue to abuse me and abuse us, sometimes you don’t have a choice but to stand up for yourself.”
Jack Pitney, a professor of American politics at Claremont McKenna College in Claremont, California, told the Daily Press there is a “very low probability” Measure EE would succeed, given that there are constitutional hurdles to overcome.
He said the Constitution requires a vote of the state legislature to allow secession and the U.S. Congress to approve the establishment of a new state.
West Virginia was the last state to secede at the height of the Civil War in 1863. Until 1792, Kentucky was a part of Virginia, and Maine a part of Massachusetts before separating to become an independent state in 1820.
Another example is Washington, once a part of the Oregon Territory before it split from Oregon and became a territory in 1853 and the 42nd state in 1889.
In Idaho, Republican state Rep. Barbara Ehardt said she supports the Greater Idaho movement as a “win-win” for both states even though it’s far from being a done deal.
“States rights—that’s why I favor this movement. At some point, states will have to get the courage and rise and say, you know what? We’re not playing in that sandbox because it’s corrupt. We’re going to do what we need to,” she said.
“When I first heard about this [movement] it resonated. Why wouldn’t we want to explore this, given that Idaho has been the No. 1 state in the nation for percentage of growth? If this weren’t a win for Idaho, I wouldn’t be behind it,” Ehardt told The Epoch Times.
Ehardt said the more liberal-leaning parts of Oregon would benefit from fewer political struggles with conservatives and tax subsidies of the state”s less affluent eastern half. There would be “zero exchange” of congressional seats, and a more unified culture.
The gains for Idaho would come from natural resources—minerals, water, timber, and the acquisition of Coos Bay, an important commercial hub.
As one of the nation’s fastest-growing areas for conservatives, Idaho’s right-leaning base would gain from the infusion of 400,000 new residents, many of whom would likely vote Republican, Ehardt said.
“Crowds? I see nothing. I’m surprised,” retail worker Jeremy Pritchett told FOX 2.
“Normally, it’s wrapped all the way around the building. Today: no one.”
That’s the typical ground report from areas all over the country. No one, literally almost no one, is doing any holiday shopping and the traditional Black Friday rush to get deals and discounts just didn’t happen. Financial media are scratching their puzzlers, perplexed with furrowed brows.
Interestingly, almost every financial media outlet is using the same Retail Federation talking point about anticipating an 8% increase in holiday sales this year. Apparently, pretenses must be maintained. Meanwhile, news crews and camera crews are having a desperate time finding any holiday shopping to use as background footage for the claims that sales are strong.
“Look, over there. There’s a person buying something. Oh, wait, no, that’s just an employee dusting the empty cash register.” At a certain point, one would have to believe reality would run head-first into the mass delusional pretending. Maybe this holiday season will be it, maybe not.
Reuters – […] About 166 million people were planning to shop from Thursday’s Thanksgiving holiday through this coming “Cyber Monday,” according to the National Retail Federation, almost 8 million more than last year. But with sporadic rain in some parts of the country, stores were less busy than usual on Black Friday.
“Usually at this time of the year you struggle to find parking. This year, I haven’t had an issue getting a parking spot,” said Marshal Cohen, chief industry adviser of the NPD Group Inc.
“It’s a lot of social shopping, everybody is only looking to get what they need. There is no sense of urgency,” Cohen added, based on his store checks in New York, New Jersey, Maryland and Virginia.
At the American Dream mall in East Rutherford, New Jersey, there were no lines outside stores. A Toys ‘R’ Us employee was handing out flyers with a list of the Black Friday “door buster” promotions. (read more)
It’s almost Kafkaesque to see how the media are continuing to maintain economic pretenses, yet the reality of a completely collapsed consumer economy is physically staring them in the face.
(Bloomberg) – Activity Light at One San Francisco Mall (4:40 p.m.) – At the Stonestown mall in San Francisco, shoppers were few and far between. The Target and Zara stores were mostly empty, and there was no line for the mall’s Santa Claus. Uniqlo and Apple were the busiest locations, but they still weren’t crowded.
[…]
Crowds were thin in the late morning at the Stamford Town Center mall. Kay Jeweler, empty. Safavieh, empty. Only a couple of people waited at the checkout line at Forever 21 and just a few were in line for a purchase at Barnes & Noble.
[…]
At a Target store on Chicago’s North Side, the parking lot was barely half full at about 9 a.m. local time. Shoppers were greeted with $3 ornaments and discounted Christmas trees when entering, and the store seemed calm and relatively quiet.
[…]
The Macy’s in Stamford, Connecticut, was neat and orderly — maybe a little too neat and orderly on a day associated with shopping chaos. The furniture section was nearly deserted, though there were more shoppers looking at shoes. (read more)
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Deeper Than Expected Black Friday Discounts Stoke Retailer Margin Angst
MONDAY, NOV 28, 2022 – 06:40 PM
Deeper than expected Black Friday discounts have shifted the focus to profit margins, adding insult to injury to a sector that was already headed into year-end as one of the worst-performers in the S&P 500, with companies such as Target and Best Buy having shocked investors by slashing forecasts in recent weeks.
To be sure there was some good news: while the traditional Black Friday scenes of shoppers trampling each other for flatscreen TVs and Playstations were nowhere to be found, online sales set a new record at $9 billion (up from $8.92 billion last year, and $9.03 billion in 2020) due to deeply discounted items ranging from apparel to electronics.
In a nutshell, in-store sales were nothing special, online sales were outstanding, but deep inventory-liquidating discounts – the kind we warned about back in May when discussing the reverse bullwhip effect – aimed at stimulating spending have raised analyst concerns about margins.
As far as in-store traffic goes, Goldman made the following observations in the Northeast, Texas and Utah;
Overall traffic still appeared muted relative to 2019 at most “traditional” Black Friday weekend destinations, but was still higher than 2021.
Consumer electronics, toys, and sporting goods had the most traffic.
Promotions are back, as expected.
Stores looked very well stocked (which again is no surprise, see our preview more than six months ago about the ‘reverse-bullwhip‘ effect leading to an oversupply of inventory which retailers have struggled to pare down).
Goldman further notes that according to Shopify data released Sunday there was a 19% increase in Black Friday sales vs. 2021, with the best performing categories being apparel & accessories, health & beauty, and home & garden.
The online sales blowout vs. muted in-store traffic comports with what we noted yesterday, as major shopping centers saw light activity despite the discounts.
The retail industry expects weaker growth over the course of the peak shopping season, with the National Retail Federation forecasting sales will advance 6-8 per cent during November and December. That would barely keep pace with inflation, which was running at 7.7 per cent in October.
As noted above, online sales set a record on Friday – with retailers such as Urban Outfitters observing that shoppers were putting record amounts of goods in their online shopping carts.The biggest discounts this year were for toys, which averaged 34% off listed prices, while electronics saw discounts peak at 27% according to Friday figures released by Adobe Analytics. Goldman also noted that online promotional activity began earlier in the week, with retailers using various promotional tactics – including targeted discounts and free shipping – to move products.
That said, it now appears that Black Friday discounts were so deepthat some analysts have expressed concern over margins. Here is a snapshot of sellside takes from the start to holiday spending:
Jeffries‘ Rondal Konik notes that a record number of companies offered higher promotions compared to last year.
Morgan Stanley‘s Alex Straton says Black Friday traffic appeared “mixed,” and “sees further margin risk if consumers hold out on spending and force retailers to offer deeper discounts.”
KeyBanc‘s Noah Zatkin says Black Friday weekend played out largely in-line with his expectations, with traffic ‘solid, but not strong,’ with in-store traffic for apparel and footwear brands softer relative to other categories. While Baird analyst Colin Sebastian said that online sales saw a solid weekend, and that significant discounting stimulated higher spending rates beginning early last week.
Companies to watch include Etsy, Wayfair, EBay, Chewy, Target, Costco and Best Buy, as well as sportswear brands such as Nike, Lululemon and Under Armour.
Now to see what Cyber Monday brings..
SWAMP STORIES
USA ECONOMIN SUPPLY ISSUES
1.8M Chickens Slaughtered In Nebraska As Bird Flu Pecks Away At Food Supply
Another 1.8 million chickens were ordered to be culled in Nebraska after agriculture officials analyzed yet another bird flu outbreak on a farm.
The latest culling comes after 50 million birds have been slaughtered nationwide to try and contain the ongoing outbreak according to AP, so who knows if it’s actually true.
Fortunately the Nebraska Department of Agriculture (NDA) issued a report, which adds that this is the 13th farm in the state to suffer an outbreak this year. According to the report, 6.8 million birds have been killed in Nebraska – the second-most behind Iowa, which has killed 15.5 million.
After the affected flock is culled, the NDA will establish a 6.2-mile control zone around the affected premises.
Highly pathogenic avian influenza (HPAI) is a highly contagious virus which spreads easily among birds via nasal and eye secretions, along with manure, the NDA said in a statement. Symptoms include a lack of energy and appetite, decreased egg production or malformed eggs, and sudden death in birds even if they aren’t showing symptoms.
The disease can survive ‘for weeks’ in contaminated environments.
According to Yahoo, Turkey and chicken farms aren’t the only facilities affected by bird flu this year – as a petting zoo in Utah had an outbreak in recent days.
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True Colors: J6 Staff Lash Out At Liz Cheney For Allegedly Burying Parts Of The Investigation
There is a deepening division on the J6 Committee as staffers turn on Liz Cheney over the final report on the January 6th riot. Angry rhetoric is flying with staffers accusing the Committee of becoming a “Cheney 2024 campaign” while both the Cheney spokesperson and Committee spokesperson lashed out at the staff members as “disgruntled” and producing shoddy or biased work. The underlying issue, however, is important and revealing. The Committee’s color coated teams include a “Blue Team” on the failure to prepare adequately for the riot. That part of the investigation is reportedly being dumped or reduced. Members of the “Green” and “Purple” teams are also reportedly irate.
Cheney was soundly defeated in her primary in Wyoming and will soon leave Congress. She is being pushed by some Democrats as a possible surprise candidate for House Speaker if they could get a few Republican votes. That seems highly unlikely. The Republicans are likely to end up with the identical margin held by the Democrats for the past two years. Alternatively, some Democrats want Cheney to run for president either to dog Donald Trump in the primary debates or to run as an independent to siphon off votes in the general election.
Fifteen former and current staffers, who spoke on the condition of anonymity to discuss internal deliberations, expressed concerns that important findings unrelated to Trump will not become available to the American public…
Several committee staff members were floored earlier this month when they were told that a draft report would focus almost entirely on Trump and the work of the committee’s “Gold Team,” excluding reams of other investigative work.
Potentially left on the cutting room floor, or relegated to an appendix, were many revelations from the “Blue Team” — the group that dug into the law enforcement and intelligence community’s failure to assess the looming threat and prepare for the well-forecast attack on the Capitol. The proposed report would also cut back on much of the work of the Green Team, which looked at financing for the Jan. 6 attack, and the Purple Team, which examined militia groups and extremism.
“We all came from prestigious jobs, dropping what we were doing because we were told this would be an important fact-finding investigation that would inform the public,” said one former committee staffer. “But when [the committee] became a Cheney 2024 campaign, many of us became discouraged.”
If true, the report will largely track the virtual exclusive focus of the hearings with open references to the 2024 election as an overriding concern.
Some of us have lamented that the J6 Committee could have been so much more than a one-sided, highly partisan investigation. House Democrats barred two Republican members originally selected by GOP leaders, who then boycotted the panel in response.
Even with the GOP boycott, the Committee could have followed the type of balanced inquiry that pursued allegations tied to the Pearl Harbor attack or Watergate. It could have insisted on balanced hearings with witnesses and dissenting views.
Nevertheless, the committee revealed important, often disturbing details. It was important for Americans to hear from figures like former attorney general Bill Barr and White House lawyers who struggled to counter unfounded advice given to Trump by outside lawyers on challenging the 2020 election. There were painful scenes of Capitol police overwhelmed at barricades and members of Congress hunkered down in offices.
Yet, the focus on a single approved narrative gave the hearings the feel of an infomercial selling a product that most of us bought two years earlier.
Now, staffers are turning on Cheney who appears to have objected to parts of the final report and wants the report to focus on Trump. Cheney’s spokesman Jeremy Adler said that the staffers in the other teams produced “subpar material” full of “liberal biases.”
Tim Mulvey, the spokesperson for the committee, criticized the staffers speaking to the media as “disgruntled” and added that “they’ve forgotten their duties as public servants and their cowardice is helping Donald Trump and others responsible for the violence of January 6th.”
It is obviously hard to address the alleged shoddy work on these other teams or claims of liberal bias. However, the “Blue Team” was a particular interest for some of us. The J6 Committee virtually ignored the issue despite ample questions over decisions by Congress leading to the riot.
The Democrats in the final hearing hammered away at documents showing that the agency knew about violent threats in the days leading up to Jan. 6th. However, the Democrats have refused to pursue the lack of preparations on Capitol Hill as a focus of the hearing. On the day of the riot, many of us noted (before the breach of security) that there was a relatively light police presence around the Capitol despite the obvious risk of a riot. Once the crowd surged, they quickly were able to gain access to the building. Conservative media have featured a video showing an officer standing by as crowds poured into the building.
That obviously does not mean that there was not violence or that Capitol police did not bravely fight to protect the building. Most of us have denounced the riot as a desecration of our constitutional process.
Moreover, at some point, officers may have shifted to deescalating as crowds surged into the building. The question is why there were not more substantial barriers, like those used at the White House. Instead, some barriers were composed of a few officers using their bikes.
The available evidence indicates that the House was warned and that the need for National Guard deployments were discussed.
There is a concern that, after criticizing such deployment and fencing around the White House in the earlier riots, the Democrats did not want to be seen following the same course.
That focus was rejected by the Committee members and there were no dissenting views voiced on the Committee as well as a virtual bar on opposing explanations or interpretations of evidence.
The GOP is now expected to fully investigate what the Congress knew and what it did in the days leading to the breach of the Capitol. Clearly, Cheney and others did not believe that the Blue Team full findings were ready to be released. However, those findings could be reviewed by the new GOP majority as it seeks full disclosure on why the Capitol was so quickly overrun on January 6th.
end
SWAMP STORIES
After 15 Break-Ins, A Portland Business Finally Calls It Quits
Progressives are hell bent on fixing the world, climate, capitalism and every form of social injustice…. just don’t look at the destruction in the cities under their control.
Take Portland resident, Marcy Landolfo, who finally hit her breaking point. As KATU reports, this week marked the 15th break-in at her PDX store within a year and a half in the city that spawned the radical-leftist Antifa movement.
Landolfo said most of those repairs at the Northeast Portland location were paid for out of pocket. Other times, she just left the windows boarded up. “It’s just too much with the losses that are not covered by insurance, the damages, everything. It’s just not sustainable,” Landolfo said.
KATU asked why Landolfo decided to close now, instead of keeping doors open through the holiday shopping season.
“The products that are being targeted are the very expensive winter products and I just felt like the minute I get those in the store they’re going to get stolen,” she said.
Landolfo said she’s worried about her employees, and no longer sees this location as a feasible business model.
“The problem is, as small businesses, we cannot sustain those types of losses and stay in business. I won’t even go into the numbers of how much has been out of pocket,” she said. If only the progressives who effectively run her city were aware of the hellhole they have made it into, maybe this could have been avoided, but alas – anyone who speaks out against the idiotically socialist practices of these “progressive” ghettos is immediately blasted as a racist, white supremacist, etc, and promptly canceled.
When Rains was broken into in late October, KATU reached out to Mayor Ted Wheeler’s office; his team responded that they’re working to increase funding for business repair grants through Prosper Portland. Because somehow for socialists it makes more sense to pay fore reparations instead of preventing the crime from occurting in the first place. Then again, all such Democrat strongholds are all about reparations.
Needless to say, for Landolfo that was not enough.
“Paying for glass that’s great, but that is so surface and does nothing for the root cause of the problem, so it’s never going to change,” she said, gradually realizing why socialism never works.
The mayor’s office also said they participated in a retail safety summit in October, and cited recent efforts to streamline the permitting process for things like storefront lighting. News channel KATU asked how that work is going, and it was still waiting to hear back.
Universal repeat vaccinations for everyone has always been the goal for the vaccine pushers. Their first attempt at repeat universal vaccine products was the annual flu shot, but when people stopped becoming afraid of the flu and vaccination rates dropped, they needed something that created more fear, and that something became COVID-19. Starting in China at the end of 2019, the great COVID-19 scam worked probably better than the Globalists had even anticipated, and most of the world’s population ran out to get the COVID vaccines about a year later. Then the vaccine was mandated in most places as a condition to continue with employment, to further increase distribution of the universal COVID vaccine. Now there is one last hurdle for continuous, repeat universal vaccines like COVID-19, and that hurdle is the group known as “anti-vaxxers.” The plans to silence anti-vaxxers is starting to take shape, and the main thrust of this plan is to label anti-vaxxers as having a mental disorder, and being a danger to society. And while the pro-vaccine zealots want to label anti-vaxxers as mentally disabled, neurological diseases have exploded in those who have been vaccinated with COVID-19 vaccines based on statistics recorded in the government’s Vaccine Adverse Events Reporting System (VAERS.) These numerous brain injuries might help those of us still functioning with non-vaccine injured brains understand how such a study as the one just published in the journal BioMedicine that claims to “demonstrate that misinformation perpetuated by the anti-vaccination movement may be causing more deaths and side effects from any vaccine,” could ever be accepted for publication in a so-called “scientific” journal. How convenient. Now a member of the vaccine cult can experience deadly side effects from a vaccine and blame it on the “misinformation” put out by anti-vaxxers, rather than the vaccine itself. Those anti-vaxxers are insane! Stop the madness! That may sound like sarcasm and joking, but it is no joke. This is how the vaccine cult wants to label anti-vaxxers. Such a label can then be used to coerce “insane” people to be vaccinated by force if a medical doctor dictates so.Read More…
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