GOLD PRICE CLOSED: DOWN 4.80 TO $2023.00
SILVER PRICE CLOSED: DOWN 3 cents AT $22.89
Access prices: closes 4: 15 PM
Gold ACCESS CLOSED 2024.00
Silver ACCESS CLOSED: 22.87
Bitcoin morning price:, 44,600 DOWN 2137 DOLLARS
Bitcoin: afternoon price: $45,846 DOWN 891 dollars
Platinum price closing $921.50 DOWN $13.00
Palladium price; $993,40 UP $3.90
END
SHANGHAI PREMIUM OVER NY: $49.60
SHANGHAI GOLD (USD) FUTURES – QUOTES
VENUE:
- GLOBEX
Beginning Monday, April 1, 2024, CME Group settlement data will no longer be accessible through ftp.cmegroup.com and will have a delayed publication time of 12:00 a.m. CT on all cmegroup.com web pages. Learn about alternate ways to access the data in our FAQ.
AUTO-REFRESH IS OFF
Last Updated 10 Jan 2024 01:26:34 PM CT.
Market data is delayed by at least 10 minutes.
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Due to the huge rise in the dollar, we must look at gold and silver in currencies other than the dollar to understand where we are heading
I will now provide gold in Canadian dollars, British pounds and Euros
4: 15 PM ACCESS
*CANADIAN GOLD: $2,707.85 DOWN $11.17 CDN dollars per oz( * NEW ALL TIME HIGH 2,795.90 CDN DOLLARS PER OZ//DEC 1 272023)
*BRITISH GOLD: 1588.99 DOWN 9.12 pounds per oz// *(NEW ALL TIME HIGH//CLOSING///1655.17 BRITISH POUNDS/OZ) OCT 2/2023
*EURO GOLD: 1845,36 DOWN 12.11 euros per oz //* (ALL TIME CLOSING HIGH: 1903.75 EUROS PER OZ//DEC 1.2023)
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EXCHANGE: COMEX
EXCHANGE: COMEX
CONTRACT: JANUARY 2024 COMEX 100 GOLD FUTURES
SETTLEMENT: 2,026.400000000 USD
INTENT DATE: 01/09/2024 DELIVERY DATE: 01/11/2024
FIRM ORG FIRM NAME ISSUED STOPPED
657 C MORGAN STANLEY 2
657 H MORGAN STANLEY 1
661 C JP MORGAN 4
737 C ADVANTAGE 7 3
905 C ADM 3
TOTAL: 10 10
MONTH TO DATE: 2,794
JPMorgan stopped 4/10 contracts.
FOR JAN.:
GOLD: NUMBER OF NOTICES FILED FOR JAN/2023. CONTRACT: 10 NOTICES FOR 1000 OZ or 0.0311 TONNES
total notices so far: 2794 contracts for 279,400 oz (8.6905 tonnes)
FOR JANUARY:
SILVER NOTICES 14 NOTICE(S) FILED FOR 70,000 OZ/
total number of notices filed so far this month : 566 for 2,7830,000 oz
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END
BOTH GLD AND SLV ARE FRAUDULENT VEHICLES
GLD
WITH GOLD DOWN $4.80
INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD/ : /NO CHANGES AT THE GLD//. /
INVENTORY RESTS AT 869.60 TONNES
SLV//
WITH NO SILVER AROUND AND SILVER DOWN 3 CENTS AT THE SLV//
SMALL CHANGES AT THE SLV//A WITHDRAWAL OF 450,000 OZ FROM THE S.L.V
INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.
CLOSING INVENTORY: 433.912 MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A HUGE SIZED 1088 CONTRACTS TO 131,992 AND CLOSER TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020 AND THIS TINY SIZED LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR LOSS OF $0.20 IN SILVER PRICING AT THE COMEX ON TUESDAY. WE HAD ZERO LONG LIQUIDATION BUT WITH CONSIDERABLE T.A.S. LIQUIDATION AT THE COMEX SESSION. WE HAD A HUGE 1203 T.A.S ISSUANCE AND THESE WILL BE USED FOR MANIPULATION LATER THIS MONTH/AS WELL AS TODAY.
CRAIG HEMKE HAS POINTED OUT THAT THE CROOKS USE THE MID MONTH FOR MANIPULATION AS THEY SELL THEIR BUY SIDE OF THE CALENDAR SPREAD FIRST AND THEN KEEP THE SELL SIDE TO LIQUIDATE AT A LATER DATE. THUS WE HAVE TWO VEHICLES THE CROOKS USE FOR MANIPULATION AND BOTH ARE SPREADERS: 1) AT MONTH’S END/SPREADERS COMEX AND 2/ TAS SPREADERS, MID MONTH. TOTAL TAS ISSUED ON TUESDAY NIGHT: 1203 CONTRACTS. DESPITE MANY COMPLAINTS THAT THE CROOKS HAVE VIOLATED POSITION LIMITS DUE TO THE FACT THAT THE TAS ISSUED HAVE A VALUE OF ZERO (AS TO POSITION LIMITS FOR OUR CROOKED BANKERS). THE PROBLEM OF COURSE IS THAT THE CROOKS DO NOT LIQUIDATE THE TAS TOGETHER BUT SELL THE BUY SIDE FIRST AND THEN LIQUIDATE THE SELL SIDE TWO MONTHS HENCE. IT IS OBVIOUS MANIPULATION TO THE HIGHEST DEGREE BUT IT NATURALLY FELL ON DEAF EARS WITH OUR REGULATORS (OCC) WHEN THEY RECEIVED OUR COMPLAINTS. IT THUS LOOKS LIKE THE FED (GOV’T) IS BEHIND ALL OF THESE TRADES.
WE HAVE NOW SET ANOTHER RECORD LOW AT 114,102 CONTRACTS ///JULY 3.2023// OUR BANKERS WITH THE HELP OF SPECULATORS AND HIGH FREQUENCY TRADERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY $0.20), BUT WERE SUCCESSFUL IN KNOCKING SOME SILVER LONGS AS WE HAD A GIGANTIC SIZED GAIN OF 1358 OI CONTRACTS ON OUR TWO EXCHANGES.
WE MUST HAVE HAD:
A SMALL SIZED 270 ISSUANCE OF EXCHANGE FOR PHYSICALS) iiii) AN INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 6.650 MILLION OZ (FIRST DAY NOTICE) FOLLOWED BY TODAY’S 70,000 OZ QUEUE. JUMP NEW TOTALS 6.075 MILLION OZ//
//NEW STANDING FOR SILVER IS THUS 6.075 MILLION OZ
//GIGANTIC SIZED COMEX OI GAIN/ SMALL SIZED EFP ISSUANCE/ VI) HUGE SIZED NUMBER OF T.A.S. CONTRACT ISSUANCE 1203 CONTRACTS)/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL + added 3 CONTRACTS //
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS JAN ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF JAN
TOTAL CONTRACTS for 7 days, total 5117 contracts: OR 25.585 MILLION OZ (731 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 25.585 MILLION OZ
LAST 23 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
YEAR 2022:
JAN 2022-DEC 2022
JAN 2022// 90.460 MILLION OZ
FEB 2022: 72.39 MILLION OZ//
MARCH 2022: 207.140 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: 134.290 MILLION OZ//FINAL
DEC, 61.395 MILLION OZ FINAL
TOTALS YR 2022: 1135.767 MILLION OZ (1.1356 BILLION OZ)
JAN 2023/// 53.070 MILLION OZ //FINAL
FEB: 2023: 100.105 MILLION OZ/FINAL//MUCH STRONGER ISSUANCE VS THE LATTER TWO MONTHS.
MARCH 2023: 112.58 MILLION OZ//FINAL//STRONG ISSUANCE
APRIL 118.035 MILLION OZ(SLIGHTLY GREATER THAN THAN LAST MONTH)
MAY 66.120 MILLION OZ/INITIAL (MUCH SMALLER THIS MONTH)
JUNE: 110.395 MILLION OZ//MUCH LARGER THAN LAST MONTH
JULY 85.745 MILLION OZ (SMALLER THAN LAST MONTH)
AUGUST: 171.43 MILLION OZ (THIS MONTH IS GOING TO BE HUGE //2ND HIGHEST ON RECORD
SEPT: 72.705 MILLION OZ (SMALLER THIS MONTH)
OCT: 97.455 MILLION OZ
NOV. 50.050 MILLION OZ
DEC. 66.140 MILLION OZ//
TOTAL 2023: 1,104.10 MILLION OZ/
JAN ’24 : 25.585 MILLION OZ
RESULT: WE HAD A HUGE SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1088 CONTRACTS WITH OUR LOSS IN PRICE OF SILVER PRICING AT THE COMEX//TUESDAY.,. THE CME NOTIFIED US THAT WE HAD A SMALL EFP ISSUANCE CONTRACTS: 270 ISSUED FOR FEB 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 JAN. OF 6.665 MILLION OZ FOLLOWED BY TODAY’S 70,000 OZ QUEUE JUMP //NEW TOTAL 5.075 MILLION OZ TO WHICH WE ADD EX. FOR RISK ISSUANCE/PRIOR FOR 1.0 MILLION OZ //NEW TOTALS; 6.075 MILLION OZ/
NEW STANDING 6.075 million OZ /// WE HAVE A GIGANTIC SIZED GAIN OF 1355 OI CONTRACTS ON THE TWO EXCHANGES DESPITE THE LOSS IN PRICE. THE TOTAL OF TAS INITIATED CONTRACTS TODAY: A HUGE SIZED 1203 CONTRACTS//HUGE FRONT END OF THE TAS CONTRACTS WERE LIQUIDATED DURING THE TUESDAY COMEX SESSION/RAID// WITH SOME SHORT COVERINGS FROM OUR SPEC SHORTS. THE NEW TAS ISSUANCE TUESDAY NIGHT (1203) WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED AT A LATER DATE., .
WE HAD 14 NOTICE(S) FILED TODAY FOR 70,000 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 FAIR SIZED 1606 CONTRACTS TO 489,849 AND FURTHER FROM THE RECORD (SET JAN 24/2020) AT 799,733 AND PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110.
THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: – removed 196 CONTRACTS
WE HAD A FAIR SIZED DECREASE IN COMEX OI ( 1606 CONTRACTS) DESPITE OUR $0.95 GAIN IN PRICE//TUESDAY. WE ALSO HAD A RATHER STRONG INITIAL STANDING IN GOLD TONNAGE FOR JAN. AT 8.214 TONNES ON FIRST DAY NOTICE FOLLOWED BY TODAY’S 1000 OZ QUEUE JUMP//NEW STANDING: 8.8355 TONNES // ALL OF THIS HAPPENED WITH OUR $0.95 GAIN IN PRICE WITH RESPECT TO TUESDAY’S TRADING. WE HAD A GOOD SIZED GAIN OF 4652 OI CONTRACTS (14.47) PAPER TONNES) ON OUR TWO EXCHANGES.
E.F.P. ISSUANCE
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 6258 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 490,045
IN ESSENCE WE HAVE A GOOD SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 4652 CONTRACTS WITH 1606 CONTRACTS DECREASED AT THE COMEX// AND A STRONG SIZED 6258 EFP OI CONTRACTS WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 4652 CONTRACTS.. WE HAD THE FOLLOWING TAS CONTRACTS INITIATED (ISSUED): A MEGA MEGA MEGA HUMONGOUS SIZED 32,436 CONTRACTS. (2ND HIGHEST T.A.S. ON RECORD ISSUANCE)
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (6258 CONTRACTS) ACCOMPANYING THE FAIR SIZED LOSS IN COMEX OI (1410) //TOTAL GAIN FOR OUR THE TWO EXCHANGES: 4652 CONTRACTS. WE HAVE ( 1) NOW RETURNED TO OUR FORMER FORMAT OF BANKERS GOING LONG AND SPECULATORS GOING SHORT ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR JAN AT 8.214 TONNES FOLLOWED BY TODAY’S 1000 OZ QUEUE JUMP//NEW STANDING 8.8335 TONNES. / 3) ZERO LONG LIQUIDATION AND HUGE TAS LIQUIDATION WITH ZERO SHORT LIQUIDATION// 4) FAIR SIZED COMEX OPEN INTEREST LOSS/ 5) STRONG ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER///6: HUMONGOUS T.A.S. ISSUANCE: 32,436 CONTRACTS
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2023-2024 INCLUDING TODAY
JAN.
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF JAN. :
TOTAL EFP CONTRACTS ISSUED: 24,484 CONTRACTS OR 2,448,400 OZ OR 76.15 TONNES IN 7 TRADING DAY(S) AND THUS AVERAGING: 3498 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN 7 TRADING DAY(S) IN TONNES 76.15 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2022, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 76.15/3550 x 100% TONNES 2.14% OF GLOBAL ANNUAL PRODUCTION
ACCUMULATION OF GOLD EFP’S YEAR 2021 TO 2023
JANUARY/2021: 265.26 TONNES (RAPIDLY INCREASING AGAIN)
FEB : 171.24 TONNES ( DEFINITELY SLOWING DOWN AGAIN)..
MARCH:. 276.50 TONNES (STRONG AGAIN/
APRIL: 189..44 TONNES ( DRAMATICALLY SLOWING DOWN AGAIN//GOLD IN BACKWARDATION)
MAY: 250.15 TONNES (NOW DRAMATICALLY INCREASING AGAIN)
JUNE: 247.54 TONNES (FINAL)
JULY: 188.73 TONNES FINAL
AUGUST: 217.89 TONNES FINAL ISSUANCE.
SEPT 142.12 TONNES FINAL ISSUANCE ( LOW ISSUANCE)_
OCT: 141.13 TONNES FINAL ISSUANCE (LOW ISSUANCE)
NOV: 312.46 TONNES FINAL ISSUANCE//NEW RECORD!! (INCREASING DRAMATICALLY)//SIGN OF REAL STRESS//SURPASSING THE MARCH 2021 RECORD OF 276.50 TONNES OF EFP
DEC. 175.62 TONNES//FINAL ISSUANCE//
TOTALS: 2,578.08 TONNES/2021
JAN:2022 247.25 TONNES //FINAL
FEB: 196.04 TONNES//FINAL
MARCH/2022: 409.30 TONNES //FINAL( 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. 223.98 TONNES//FINAL ( MUCH LARGER THAN PREVIOUS MONTHS//comex running out of physical)
DEC: 185.59 tonnes // FINAL
TOTAL: 2,847,25 TONNES/2022
JAN 2023: 228.49 TONNES FINAL//HUGE AMOUNT OF EFP’S ISSUED THIS MONTH!!
FEB: 151.61 TONNES/FINAL
MARCH: 280.09 TONNES/INITIAL (ANOTHER STRONG MONTH FOR EFP ISSUANCE)
APRIL: 197.42 TONNES
MAY: 236.67 TONNES (A VERY STRONG ISSUANCE FOR THIS MONTH)
JUNE: 172.667 TONNES (WEAKER ISSUANCE THIS MONTH)
JULY: 151.69 TONNES (WEAKER THAN LAST MONTH)
AUGUST: 195.28 TONNES (A STRONGER MONTH)//FINAL
SEPT: 254.709 TONNES (WILL BE LARGER THAN LAST MONTH AND A STRONG MONTH)
OCT. 248.09 TONNES. LIKE SILVER, THIS MONTH IS GOING TO BE A STRONG E.F.P. ISSUANCE.
NOV. 239.16 TONNES//WILL BE STRONG THIS MONTH,
DEC. 213.704 TONNES. A STRONG MONTH//
TOTAL FOR YEAR 2023: 2,569.57 TONNES VS 2578 TONNES LAST YEAR
JAN ’24: 76.15 TONNES (WILL EQUAL LAST MONTH’S ISSUANCE)
SPREADING OPERATIONS
(/NOW SWITCHING TO GOLD) FOR NEWCOMERS, HERE ARE THE DETAILS
SPREADING LIQUIDATION HAS NOW COMMENCED AS WE HEAD TOWARDS THE NEW ACTIVE FRONT MONTH OF DEC. WE ARE NOW INTO THE SPREADING OPERATION OF GOLD
HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR ;MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE NON ACTIVE DELIVERY MONTH OF NOV HEADING TOWARDS THE ACTIVE DELIVERY MONTH OF FEB., FOR GOLD: AND MARCH FOR 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 (FEB), 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.
The crooks also use the spread in the TAS account (trade at settlement). They buy the spot TAS (e.g. June) and sell the future TAS two months out (e.g. August). Then they unload the front month (i.e. unload the buy side first so the price of gold/silver falls. This occurs in the middle of the front delivery month cycle. They unload the sell side of the equation, two months down the road. The crooks violate position limits as the OCC refuse to hear our complaints.
First, here is an outline of what will be discussed tonight:
1.Today, we had the open interest at the comex, in SILVER ROSE BY A HUGE SIZED 1088 CONTRACTS OI TO 131,992 AND FURTHER FROM THE 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. HOWEVER WE HAVE NOW SET A NEW RECORD LOW OF 114,102 CONTRACTS JULY 3.2023
EFP ISSUANCE 270 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
MARCH 270 and ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 270 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON. IF WE TAKE THE COMEX OI GAIN OF 1085 CONTRACTS AND ADD TO THE 270 OI TRANSFERRED TO LONDON THROUGH EFP’S,
WE OBTAIN A GIGANTIC SIZED GAIN OF OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES OF 1358 CONTRACTS
THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES TOTAL 6.790 MILLION OZ
OCCURRED DESPITE OUR $.20 LOSS IN PRICE …..
END
OUTLINE FOR TODAY’S COMMENTARY
1a/COMEX GOLD AND SILVER REPORT
(report Harvey)
b, ) Gold/silver trading overnight Europe,//GOLD COMMENTARIES
(Peter Schiff)
c) Commentaries from: Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com, Pam and Russ Martens
ii a) Chris Powell of GATA provides to us very important physical commentaries
b. Other gold/silver commentaries
c. Commodity commentaries//
d)/CRYPTOCURRENCIES/BITCOIN ETC
2.ASIAN AFFAIRS//
WEDNESDAY MORNING/TUESDAY NIGHT
SHANGHAI CLOSED DOWN 15.55 PTS OR 0.54% //Hang Seng CLOSED DOWN 92,74 PTS OR 0.57% /The Nikkei CLOSED UP 678.64 OR 2.01% //Australia’s all ordinaries CLOSED DOWN 0.60% /Chinese yuan (ONSHORE) closed DOWN AT 7.1694 /OFFSHORE CHINESE YUAN CLOSED DOWN TO 7.1835 /Oil UP TO 72.68 dollars per barrel for WTI and BRENT UP AT 78.23/ Stocks in Europe OPENED ALL RED// ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST US DOLLAR/OFFSHORE WEAKER
A)NORTH KOREA/SOUTH KOREA
outline
b) REPORT ON JAPAN/
OUTLINE
3 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
9. USA
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1. COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS
GOLD
LET US BEGIN:
THE TOTAL COMEX GOLD OPEN INTEREST FELL BY A FAIR SIZED 1606 CONTRACTS TO 489,849 DESPITE OUR GAIN IN PRICE OF $0.95 WITH RESPECT TO TUESDAY TRADING. WE MUST HAVE HAD ZERO LONG SPEC LIQUIDATIONS IN THE COMEX SESSION WITH MINOR SPEC SHORT COVERINGS.
EXCHANGE FOR PHYSICAL ISSUANCE
WE ARE NOW IN THE NON ACTIVE DELIVERY MONTH OF JAN..… THE CME REPORTS THAT THE BANKERS ISSUED A STRONG SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,
THAT IS 6258 EFP CONTRACTS WERE ISSUED: : FEB 6258 & ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 6258 CONTRACTS
ON A NET BASIS IN OPEN INTEREST WE GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A GOOD SIZED TOTAL OF 4652 CONTRACTS IN THAT 6258 LONGS WERE TRANSFERRED AS FORWARDS TO LONDON AND WE HAD A FAIR SIZED LOSS OF 1606 COMEX CONTRACTS..AND THIS GOOD GAIN ON OUR TWO EXCHANGES HAPPENED DESPITE OUR GAIN IN PRICE OF $0.95//TUESDAY COMEX. AS PER OUR NEWBIE TRADE AT SETTLEMENT (TAS) MANIPULATION OPERATION (WHICH CRAIG HEMKE HAS POINTED OUT HAPPENS DURING MID MONTH IN THE DELIVERY CYCLE), THE CME REPORTS THAT THE TOTAL T.A.S. ISSUANCE FOR TUESDAY NIGHT WAS A MEGA MEGA GIGANTIC SIZED 32,436 CONTRACTS. (SO MUCH FOR LAW AND ORDER AT THE COMEX). THROUGHOUT THE PAST SEVERAL WEEKS, THE BANKERS SOLD OFF THE LONG SIDE OF THE SPREAD WHICH OF COURSE CONTINUES TO MANIPULATE THE PRICE OF GOLD SOUTHBOUND. (THEY KEEP THE SHORT SIDE OF THE CALENDAR SPREAD WHICH WILL BE LIQUIDATED TWO MONTHS HENCE)//.
// WE HAVE A LIGHT AMOUNT OF GOLD TONNAGE STANDING: JAN (8.8335 TONNES) ( NON ACTIVE MONTH)
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 27.110 TONNES/FINAL
Dec. 64.000 tonnes
(TOTAL YEAR 656.076 TONNES)
2023:
JAN/2023: 20.559 tonnes
FEB 2023: 47.744 tonnes
MAR: 19.0637 TONNES
APRIL: 75.676 tonnes
MAY: 19.094 TONNES + 1.244 tonnes of exchange for risk = 20.338
JUNE: 64.354 TONNES
JULY: 10.2861 TONNES
AUGUST: 38.855 TONNES(INCLUDING .6842 EXCHANGE FOR RISK)
SEPT: 15.281 TONNES FINAL
OCT. 35.869 TONNES + 1.665 EXCHANGE FOR RISK =37.0355 tonnes
NOV: 18.7122 TONNES + 16.2505 EX. FOR RISK = 34.9627 TONNES
DEC. 47.073 + 4.634 TONNES OF EXCHANGE FOR RISK = 51.707TONNES
TOTAL 2023 YEAR : 436.546 TONNES
JAN ’24. 8.8335 TONNES
THE SPECS/HFT WERE SUCCESSFUL IN LOWERING GOLD’S PRICE( IT GAINED $0.95) //// AND WERE UNSUCCESSFUL IN KNOCKING ANY SPECULATOR LONGS AS WE HAD A GOOD SIZED GAIN OF 4646 TOTAL CONTRACTS ON OUR TWO EXCHANGES. WE HAD A HUGE T.A.S. LIQUIDATION ON THE FRONT END OF TUESDAY’S TRADING . THE T.A.S. ISSUED ON TUESDAY NIGHT, WILL BE “PUT INTO THE BANK” TO BE USED AT A LATER DATE AT THE COLLUSIVE CHOOSING OF OUR BANKERS. WE ALSO EXPERIENCED CONSIDERABLE SPECULATOR SHORT COVERING
WE HAVE GAINED A TOTAL OI OF 14.47 PAPER TONNES FROM OUR TWO EXCHANGES, ACCOMPANYING OUR INITIAL GOLD TONNAGE STANDING FOR JAN. (8,214 TONNES) ON FIRST DAY NOTICE FOLLOWED BY TODAY’S 1000 OZ QUEUE JUMP (.0185 TONNES): NEW TOTAL STANDING 8.8335 TONNES/ ALL OF THIS WAS ACCOMPLISHED WITH OUR GAIN IN PRICE TO THE TUNE OF $0.95
WE HAD – REMOVED 196 CONTRACTS TO THE COMEX TRADES TO OPEN INTEREST (CROOKS)
NET GAIN ON THE TWO EXCHANGES 4652 CONTRACTS OR 465,200 OZ OR 14.47 TONNES.
Estimated gold volume today:// 214,926 fair //huge t.a.s.
final gold volumes/yesterday 289,524 fair/ huge t.a.s.
//speculators have left the gold arena
JAN 10 INITIAL
/ /// THE JAN 2024 GOLD CONTRACT
| Gold | Ounces |
| Withdrawals from Dealers Inventory in oz | nil |
| Withdrawals from Customer Inventory in oz | NIL OZ . |
| Deposit to the Dealer Inventory in oz | nil oz |
| Deposits to the Customer Inventory, in oz | nil oz |
| No of oz served (contracts) today | 10 notice(s) 1000 OZ 0.0311 TONNES |
| No of oz to be served (notices) | 46 contracts 4600 oz 0.1431TONNES |
| Total monthly oz gold served (contracts) so far this month | 2794 notices 279400 oz 8.6905 TONNES |
| Total accumulative withdrawals of gold from the Dealers inventory this month | NIL oz |
| Total accumulative withdrawal of gold from the Customer inventory this month | x |
0 dealer deposit:
total dealer deposits: nil oz
customer deposits: 0
we had 0 withdrawals
total withdrawals NIL oz
Adjustments; 1//DEALER TO CUSTOMER
I) INT DELAWARE 964.53 OZ ( 30 KILOBARS_
CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR JAN.
For the front month of JANUARY we have an oi of 56 contracts having GAINED 5 contracts. We had 6 notices served on Tuesday, so we gained 11 contracts or an additional 1100 oz will stand for delivery at the comex
FEB LOST 27,226 CONTRACTS FALLING TO 305,100
March gained 38 contracts to stand at 303.
APRIL GAINED 24,134 CONTRACTS RISING TO 135,468.
We had 10 contracts filed for today representing 1000 oz
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 10 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 4 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 JAN. /2023. contract month, we take the total number of notices filed so far for the month (2,794 x 100 oz ), to which we add the difference between the open interest for the front month of JAN. (56 CONTRACTS) minus the number of notices served upon today 10 x 100 oz per contract equals 284,000 OZ OR 8.8335 TONNES
thus the INITIAL standings for gold for the JAN. contract month: No of notices filed so far (2,794) x 100 oz + (56) {OI for the front month} minus the number of notices served upon today (10) x 100 oz) which equals 284,000 oz standing OR 8.8335 TONNES
TOTAL COMEX GOLD STANDING FOR JAN: 8.8335 TONNES WHICH IS GREAT FOR AN INACTIVE DELIVERY MONTH IN THE CALENDAR.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
COMEX GOLD INVENTORIES/CLASSIFICATION
NEW PLEDGED GOLD:
241,794.285 oz NOW PLEDGED /HSBC 5.94 TONNES
204,937.290 PLEDGED MANFRA 3.08 TONNES
83,657.582 PLEDGED JPMorgan no 1 1.690 tonnes
265,999.054, oz JPM No 2
1,152,376.639 oz pledged Brinks/
Manfra: 33,758.550 oz
Delaware: 193.721 oz
International Delaware:: 11,188.542 oz
total pledged gold: 1,513,553.330 47,07 tonnes
TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED GOLD: 20,029,150.920 OZ
TOTAL REGISTERED GOLD 9,904,358.587 (308,06 tonnes).
TOTAL OF ALL ELIGIBLE GOLD: 10,124,792,323 OZ
REGISTERED GOLD THAT CAN BE SERVED UPON: 8,390,709 oz (REG GOLD- PLEDGED GOLD) 260.986 tonnes
END
SILVER/COMEX
JAN 10/INITIAL
//2024// THE JAN 2023 SILVER CONTRACT//INITIAL
| Silver | Ounces |
| Withdrawals from Dealers Inventory | NIL oz |
| Withdrawals from Customer Inventory | 685,805,900 oz HBSC JPMORGAN . |
| Deposits to the Dealer Inventory | nil OZ |
| Deposits to the Customer Inventory | 600,291.000 oz BRINKS DELAWARE |
| No of oz served today (contracts) | 14 CONTRACT(S) (70,000 OZ) |
| No of oz to be served (notices) | 449 contracts (2,245,000 oz) |
| Total monthly oz silver served (contracts) | 566 Contracts (2,830,000 oz) |
| Total accumulative withdrawal of silver from the Dealers inventory this month | NIL oz |
| Total accumulative withdrawal of silver from the Customer inventory this month |
i) 0 dealer deposit
total dealer deposit: nil oz
i) We had 0 dealer withdrawal
total dealer withdrawals: 0 oz
We had 2 deposits customer account:
i) Into Brinks: 598,285.860 oz
ii) Into Delaware 2005.14 oz
total customer deposits 600,291.000 oz
JPMorgan has a total silver weight: 132.254 million oz/280.677 million or 47.14%
Comex withdrawals: 2
i)out of HSBC 80,028.500 oz
ii) out of JPMorgan 605,777.400 oz
total withdrawals 685,805.900 oz
TOTAL REGISTERED SILVER: 41.911 MILLION OZ//.TOTAL REG + ELIGIBLE. 280.677 million oz
CALCULATIONS FOR THE NEW STANDING FOR SILVER FOR DECEMBER:
silver open interest data:
FRONT MONTH OF JAN. /2023 OI: 463 CONTRACTS HAVING LOST 22 CONTRACT(S). WE HAD 36 NOTICES SERVED ON TUESDAY, SO WE GAINED 14 CONTRACTS OR AN ADDITIONAL 70,000 OZ WILL STAND FOR DELIVERY AT THE COMEX
FEB GAINED 64 CONTRACTS TO STAND AT 703
MARCH LOST 17 CONTRACTS TO 104,480
TOTAL NUMBER OF NOTICES FILED FOR TODAY: 14 for 70,000 oz
Comex volumes// est. volume today 41,121// POOR
Comex volume: confirmed yesterday 46,677 POOR
To calculate the number of silver ounces that will stand for delivery in JAN. we take the total number of notices filed for the month so far at 566 x 5,000 oz = 2,830,000 oz
to which we add the difference between the open interest for the front month of JAN. (463) and the number of notices served upon today 14 x (5000 oz) equals the number of ounces standing.
Thus the standings for silver for the DEC/2023 contract month: 566 (notices served so far) x 5000 oz + OI for the front month of JAN. (463) – number of notices served upon today (14 )x 500 oz of silver standing for the JAN contract month equates to 5.075 MILLION OZ. to which we add our exchange for RISK of 1.0 million oz//new total 6.005 million oz/
New total standing: 6.075 million oz.
There are 41.911 million oz of registered silver.
The record level of silver open interest is 234,787 contracts set on April 21./2017 with the price on that day at $18.42. The previous record was 224,540 contracts with the price at that time of $20.44
END
GLD AND SLV INVENTORY LEVELS//
BOTH GLD AND SLV ARE MASSIVE FRAUDS!
JAN 10/WITH GOLD DOWN $4.80 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD://INVENTORY RESTS AT 869.60 TONNES
JAN 9/WITH GOLD UP $0.95 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD://INVENTORY RESTS AT 869.60 TONNES
JAN 8/WITH GOLD DOWN $16.85 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD:A WITHDRAWAL OF 4.61 TONNES FROM THE GLD. INVENTORY RESTS AT 869.60 TONNES
JAN 5/WITH GOLD UP $0.80 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD:///. // INVENTORY RESTS AT 874.21 TONNES
JAN 4/WITH GOLD UP $7.60 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD:///. // INVENTORY RESTS AT 874.21 TONNES
JAN 3/WITH GOLD DOWN $29.40 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 4.90 TONNES OF GOLD INTO THE GLD///. // INVENTORY RESTS AT 874.21 TONNES
JAN 2/WITH GOLD UP $1.50 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.44 TONNES OF GOLD INTO THE GLD///. // INVENTORY RESTS AT 879.11 TONNES
DEC 29/WITH GOLD DOWN $10.25 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.16 TONNES OF GOLD INTO THE GLD///. // INVENTORY RESTS AT 880.55 TONNES
DEC 28/WITH GOLD DOWN $8.35 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 1.45 TONNES OF GOLD INTO THE GLD///. // INVENTORY RESTS AT 881.71 TONNES
DEC 27/WITH GOLD UP $23.25 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 2.01 TONNES OF GOLD INTO THE GLD///. // INVENTORY RESTS AT 880.26 TONNES
DEC 26/WITH GOLD UP $1.25 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD:/. // INVENTORY RESTS AT 878.25 TONNES
DEC 22/WITH GOLD UP $17,85 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD:/. // INVENTORY RESTS AT 878.25 TONNES
DEC 21/WITH GOLD UP $5.10 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD:A DEPOSIT .58 TONNES OF 2.02 TONNES OF GOLD INTO THE GLD//. // INVENTORY RESTS AT 878.25 TONNES
DEC 20/WITH GOLD DOWN $3.60 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD:A WITHDRAWAL OF 2.02 TONNES OF GOLD FROM THE GLD//. // INVENTORY RESTS AT 877.67 TONNES
DEC19/WITH GOLD UP $12.15 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD:. // INVENTORY RESTS AT 879.69 TONNES
DEC18/WITH GOLD UP $5.50 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD:. /A DEPOSIT OF 173 TONNES INTO THE GLD// INVENTORY RESTS AT 879.69 TONNES
DEC14/WITH GOLD UP $47.35 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD:. /A DEPOSIT OF 2.42 TONNES FROM THE GLD// INVENTORY RESTS AT 877.96 TONNES
DEC13/WITH GOLD UP $3.90 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD:. /A WITHDRAWAL OF 2.89 TONNES FROM THE GLD// INVENTORY RESTS AT 875,65 TONNES
DEC12/WITH GOLD DOWN $0.60 TODAY: HUGE CHANGES IN GOLD INVENTORY AT THE GLD:. /A WITHDRAWAL OF 2.01 TONNES FROM THE GLD// INVENTORY RESTS AT 878.54 TONNES
DEC11/WITH GOLD DOWN $21.20 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD:. // / / // INVENTORY RESTS AT 880.55 TONNES
DEC 8/WITH GOLD DOWN $30,80 TODAY: SMALL CHANGES IN GOLD INVENTORY AT THE GLD:. // / / // A WITHDRAWAL OF .28 TONNES OF GOLD FROM THE GLD/// INVENTORY RESTS AT 880.55 TONNES
DEC 7/WITH GOLD DOWN $.20 TODAY: NO CHANGES IN GOLD INVENTORY AT THE GLD:. // / / // // INVENTORY RESTS AT 880.83 TONNES
DEC 6/WITH GOLD UP $11.70 TODAY:SMALL CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 0.29 TONNES OF GOLD FROM THE GLD. // / / // // INVENTORY RESTS AT 880.83 TONNES
DEC 5/WITH GOLD DOWN $5.85 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 2.30 TONNES OF GOLD FROM THE GLD. // / / // // INVENTORY RESTS AT 881.12 TONNES
DEC 4/WITH GOLD DOWN $43.15 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A DEPOSIT OF 2.31 TONNES OF GOLD FROM THE GLD. // / / // // INVENTORY RESTS AT 878.82 TONNES
DEC 1/WITH GOLD UP $32.05 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.02 TONNES OF GOLD FROM THE GLD. // / / // // INVENTORY RESTS AT 876.51 TONNES
NOV 30/WITH GOLD DOWN $8.70 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 2.02 TONNES OF GOLD FROM THE GLD. // / / // // INVENTORY RESTS AT 878.53 TONNES
NOV 29/WITH GOLD UP $7.20 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.73 TONNES OF GOLD FROM THE GLD. // / / // // INVENTORY RESTS AT 880.55 TONNES
NOV 28/WITH GOLD UP $26.45 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD: // / / // // INVENTORY RESTS AT 882.28 TONNE
NOV 27/WITH GOLD UP $9,85 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD: // / / // // INVENTORY RESTS AT 882.28 TONNES
NOV 24/WITH GOLD UP $11.20 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 1.15 TONNES OF GOLD FROM THE GLD// / / // // INVENTORY RESTS AT 882.28 TONNES
NOV 22/WITH GOLD DOWN $8.45 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD / / // // INVENTORY RESTS AT 883.43 TONNES
NOV 21/WITH GOLD UP $21.65 TODAY:NO CHANGES IN GOLD INVENTORY AT THE GLD / / // // INVENTORY RESTS AT 883.43 TONNES
NOV 20/WITH GOLD DOWN $4.15 TODAY:HUGE CHANGES IN GOLD INVENTORY AT THE GLD A MAMMOTH DEPOSIT OF 12.98 TONNES INTO THE GLD:/ / // // INVENTORY RESTS AT 883.43 TONNES
GLD INVENTORY: 869.60 TONNES
Now the SLV Inventory/( vehicle is a fraud as there is no physical metal behind them
JAN 10/WITH SILVER DOWN 3 CENTS TODAY SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 450,000 OZ FROM THE SLV// //INVENTORY RESTS AT 433.912 MILLION OZ
JAN 9/WITH SILVER DOWN 20 CENTS TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV //INVENTORY RESTS AT 434.370 MILLION OZ
JAN 8/WITH SILVER DOWN 8 CENTS TODAY HUGE CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 1,602,000 OZ INTO THE SLV//:././/////INVENTORY RESTS AT 434.370 MILLION OZ
JAN 5/WITH SILVER UP 20 CENTS TODAY HUGE CHANGES IN SILVER INVENTORY AT THE SLV A DEPOSIT OF 916,000 OZ INTO THE SLV//:././/////INVENTORY RESTS AT 435.972 MILLION OZ
JAN 4/WITH SILVER UP 5 CENTS TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV/:././/////INVENTORY RESTS AT 435.056 MILLION OZ
JAN 3/WITH SILVER DOWN 78 CENTS TODAY HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWALOF 2.294 MILLION OZ OZ FROM THE SLV././/////INVENTORY RESTS AT 435.056 MILLION OZ
JAN 2/WITH SILVER DOWN 9 CENTS TODAY HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWALOF 915,000 OZ FORM THE SLV././/////INVENTORY RESTS AT 437.35 MILLION OZ
DEC 29/WITH SILVER DOWN 29 CENTS TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV/: //////INVENTORY RESTS AT 438.265 MILLION OZ
DEC 28/WITH SILVER DOWN 25 CENTS TODAY NO CHANGES IN SILVER INVENTORY AT THE SLV/: //////INVENTORY RESTS AT 438.265 MILLION OZ
DEC 27/WITH SILVER UP 20 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 1.374 MILLION OZ FROM THE SLV//////INVENTORY RESTS AT 438.265 MILLION OZ
THIS IS THE 3RD STRAIGHT DAY THAT THE SLV HAS ENGAGED IN WITHDRAWALS
DEC 26/WITH SILVER DOWN 14 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 1.465 MILLION OZ FROM THE SLV//////INVENTORY RESTS AT 439.639 MILLION OZ
DEC 22/WITH SILVER UP 0 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 2.289 MILLION OZ FROM THE SLV//////INVENTORY RESTS AT 441.104 MILLION OZ
DEC 21/WITH SILVER DOWN 2 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV/: NO CHANGES IN SILVER INVENTORY AT THE SLV//////INVENTORY RESTS AT 443.393 MILLION OZ
DEC 20/WITH SILVER UP 28 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV/: NO CHANGES IN SILVER INVENTORY AT THE SLV//////INVENTORY RESTS AT 443.393 MILLION OZ
DEC 19/WITH SILVER UP 27 CENTS TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV/: A MASSIVE DEPOSIT OF 2.747 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 443.393 MILLION OZ
DEC 18/WITH SILVER DOWN 9 CENTS TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 0.794 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 440.646 MILLION OZ
DEC 14/WITH SILVER DOWN 8 CENTS TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV/: A MASSIVE WITHDRAWAL OF 3.00000 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 441.470 MILLION OZ
DEC 13/WITH SILVER DOWN 8 CENTS TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV/: A DEPOSIT OF 10.326 MILLION OZ FROM THE SLV////INVENTORY RESTS AT 444.470 MILLION OZ
DEC 12/WITH SILVER DOWN 5 CENTS TODAY:BIG CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 594,000 OZ FROM THE SLV////INVENTORY RESTS AT 434.144 MILLION OZ
DEC 11/WITH SILVER DOWN 19 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV/: A ////INVENTORY RESTS AT 434.735 MILLION OZ
DEC 8/WITH SILVER DOWN 80 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV/: A DEPOSIT OF 1.648 MILLION OZ INTO THE SLV////INVENTORY RESTS AT 434.735 MILLION OZ
DEC 7/WITH SILVER DOWN 15 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV/: // //://// //INVENTORY RESTS AT 433.090 MILLION OZ
DEC 6/WITH SILVER DOWN 25 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV/: // //://// //INVENTORY RESTS AT 433.090 MILLION OZ
DEC 5/WITH SILVER DOWN 34 CENTS TODAY:SMALL CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 0.305 MILLION OZ FROM THE SLV// //://// //INVENTORY RESTS AT 433.090 MILLION OZ
DEC 4/WITH SILVER DOWN 90 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 0.7333 MILLION OZ FROM THE SLV// //://// //INVENTORY RESTS AT 433.395 MILLION OZ
DEC 1/WITH SILVER UP 15 CENTS TODAY:HUGE CHANGES IN SILVER INVENTORY AT THE SLV/: A WITHDRAWAL OF 1.923 MILLION OZ FROM THE SLV// //://// //INVENTORY RESTS AT 434.128 MILLION OZ
NOV 30/WITH SILVER UP 20 CENTS TODAY:NO CHANGES IN SILVER INVENTORY AT THE SLV/ //://// //INVENTORY RESTS AT 436.051 MILLION OZ
CLOSING INVENTORY 434.370 MILLION OZ//
PHYSICAL GOLD/SILVER COMMENTARIES
1:Peter Schiff/Mike Maharrey
Texas GOP Moves To Support Gold
WEDNESDAY, JAN 10, 2024 – 02:05 PM
This March, Republican primary voters in Texas won’t just be choosing which candidates to represent their party in November – they will also be voting on a series of ballot propositions that while not legally binding offer a way for voters to guide their leaders.
Here’s why what is happening in Texas matters and what it says about the future of gold.
Among the ballot propositions is one for the Texas government to have the Texas State Comptroller’s office start a program to “administer access to gold and silver through the Texas Bullion Depository for use as legal tender.” Texas already has a state-run depository for precious metals that began operations in 2018.
It’s probably not a surprise that after years of harsh inflation Texas voters would be sympathetic to the use of precious metals as legal tender. Texas isn’t alone in taking steps towards gold as legal tender. As reported earlier by SchiffGold’s Michael Maharrey, lawmakers in Florida and Oklahoma have introduced bills into their respective state legislatures that would follow Texas by creating their own state-run depositories.
What’s happening in Texas matters and has an impact on the future of gold.
Politically, Texas is not just the second most populous state it’s also the most populous red state. Unlike Vegas, things that start in Texas tend not to stay there. Texas, like Florida, introduces policies that tend to spread nationwide. Texas was the first state to introduce state-run depositories and it looks like other states may be following in the near future. Plus, the pro-gold movement in Texas isn’t being pushed by a particular politician who will eventually retire or voted out of office, it’s being driven by grassroots political demand of Texas Republican voters. And since the Republican Party controls the Texas government, successful ballot propositions from Republican voters often become law.
Will this ballot proposition succeed in the GOP primary? If history is any guide, then yes. In 2022, Texas GOP primary voters voted on ten ballot propositions, and all ten of them passed. And while politicians may not always listen to voters and the government can sometimes move slowly, some of these propositions have already been turned into Texas law on areas ranging from transgender issues to teaching of critical race theory in public schools. This proposition would send a strong signal to Republican politicians in Texas- and across the country. Ambitious politicians seeking to appeal to Republicans, independents, and all voters who are concerned about inflation and seeking a stable store of value will know that there are votes to be won by backing pro-gold policies.
This ballot proposition is also important because it shows the underlying stable grassroots demand for the use of gold as an investment, but also as currency. When the government or Wall Street or Silicon Valley billionaires push a new financial product there’s often special interests or unsavory connections lurking in the background. For example, the SEC’s Gary Gensler who seems poised to back crypto ETF’s has close ties to the family of Caroline Ellison, the crypto CEO and SBF ex-girlfriend who pled guilty of fraud. And of course the securities and investment industry spends hugely on influencing the federal government.
But gold has retained its central place and enduring value without legions of high-paid lobbyists or paid-off policy makers. But still demand from consumers, investors, and governments around the world means gold is still too important to ignore. That’s why pro-gold initiatives like eliminating the capital gains tax on the sale of gold and silver keep cropping up in states around the nation. As long as America is a republic, it seems likely that voters will always favor the stability of gold over endless years of inflation that eat away at the dollar.
END
2,c) Commentaries from: Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com, Pam and Russ Martens, John Rubino
Mathew Piepenburg…
END
3. CHRIS POWELL//GATA GOLD COMMENTARIES:
Why is Canada filing for a digital dollar. Something is up!’
(Toronto Sun/GATA)
Bank of Canada files for ‘digital dollar,’ other related trademarks
Submitted by admin on Tue, 2024-01-09 18:58Section: Daily Dispatches
By Postmedia News
via Toronto Sun
Monday, January 8, 2024
A digital Canadian dollar?
It may not look like it’s going to happen any time soon, but the Bank of Canada has quietly taken steps to control a such a concept, according to Blacklock’s Reporter.
In Dec. 13 and Dec. 19 filings, the bank asserted ownership of “digital dollar,” “digital Canadian dollar,” and “central bank digital currency” in both official languages under the Trademarks Act.
No reason was given and no public hearing was held.
All other applicants must serve public notice subject to challenge. …
… For the remainder of the report:
END
4. OTHER GOLD/SILVER //COMMENTARIES//PODCASTS
end
5 a. IMPORTANT COMMENTARIES ON COMMODITIES /WHEAT
5 B GLOBAL COMMODITY ISSUES/FOOD IN GENERAL//FREIGHT
END
6.CRYPTOCURRENCY//DIGITAL CURRENCY// COMMENTARIES/
end
1.YOUR EARLY CURRENCY VALUES/GOLD AND SILVER PRICING/ASIAN AND EUROPEAN BOURSE MOVEMENTS/AND INTEREST RATE SETTINGS WEDNESDAY MORNING.7:30 AM
ONSHORE YUAN: CLOSED DOWN AT 7.1694
OFFSHORE YUAN: DOWN TO 7.1835
SHANGHAI CLOSED DOWN 15.55 PTS OR 0.54%
HANG SENG CLOSED DOWN 92.74 PTS OR 0.57%
2. Nikkei closed UP 678.64 PTS OR 2.01%
3. Europe stocks SO FAR: ALL RED
USA dollar INDEX UP TO 102.22 EURO RISES TO 1.0944 UP 22 BASIS PTS
3b Japan 10 YR bond yield:FALLS TO. +.581 Japan buying 100% of bond issuance)/Japanese YEN vs USA cross now at 145.32/JAPANESE YEN NOW RISING AS WELL AS LONG TERM 10 YR. YIELDS RISING //EVENTUALLY THIS WILL BREAK 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 UP /JAPANESE Yen DOWN CHINESE ONSHORE YUAN: DOWN// OFFSHORE: DOWN
3f Japan is to buy INFINITE TRILLION YEN worth of BONDS. Japan’s GDP equals 5 trillion USA
Japan to buy 100% of all new Japanese debt and NOW they will have OVER 50% of all Japanese debt.
3g Oil UP for WTI and UP FOR Brent this morning
3h European bond buying continues to push yields lower on all fronts in the EMU. German 10yr bund DOWN TO +2.1740***/Italian 10 Yr bond yield DOWN to 3.802** /SPAIN 10 YR BOND YIELD DOWN TO 3.135…**
3i Greek 10 year bond yield UP TO 3.251
3j Gold at $2032.50 silver at: 22.99 1 am est) SILVER NEXT RESISTANCE LEVEL AT $30.00
3k USA vs Russian rouble;// Russian rouble UP 0 AND 49 /100 roubles/dollar; ROUBLE AT 89.41//
3m oil into the 72 dollar handle for WTI and 78 handle for Brent/
3n Higher foreign deposits moving out of China// huge risk of outflows and a currency depreciation. This can spell financial disaster for the rest of the world/
JAPAN ON JAN 29.2016 CONTINUES NIRP. THIS MORNING RAISES AMOUNT OF BONDS THAT THEY WILL PURCHASE UP TO .5% ON THE 10 YR BOND///YEN TRADES TO 145,32// 10 YEAR YIELD AFTER FIRST BREAKING .54% LAST YEAR NOW EXCEEDS THAT LEVEL TO 0.581% STILL ON CENTRAL BANK (JAPAN) INTERVENTION
30 SNB (Swiss National Bank) still intervening again in the markets driving down the FRANC. It is not working: USA/SF this 0.8530 as the Swiss Franc is still rising against most currencies. Euro vs SF: 0.9335 well above the floor set by the Swiss Finance Minister. Thomas Jordan, chief of the Swiss National Bank continues to purchase euros trying to lower value of the Swiss Franc.
USA 10 YR BOND YIELD: 3.994 DOWN 2 BASIS PTS…
USA 30 YR BOND YIELD: 4.135 DOWN 1 BASIS PTS/
USA 2 YR BOND YIELD: 4.345 DOWN 3 BASIS PTS
USA DOLLAR VS TURKISH LIRA: 29.98…(TURKEY SET TO BLOW UP FINANCIALLY)
GREAT BRITAIN/10 YEAR YIELD: DOWN4 BASIS PTS AT 3.807
end
2.a Overnight: Newsquawk and Zero hedge.
2 B) NOW NEWSQUAWK (EUROPE/REPORT)
Equities mixed, Bonds bid, Crude softer; US Wholesale Sales due – Newsquawk US Market Open
WEDNESDAY, JAN 10, 2024 – 06:15 AM
- European equities and US futures are mixed, having spent much of the early session in the green; the FTSE 100 (-0.4%) is weighed on by losses in Sainsbury’s
- Dollar is softer and EUR is modestly firmer, with several upside OPEX strikes for the Single-Currency
- Bonds are bid, though still unable to pare back all of Tuesday’s advances
- Crude is softer, Gold and Base Metals are firmer amid a subdued Dollar
- Looking ahead, US MBA, Wholesale Sales, Chinese M2 Money Supply, ECB’s Schnabel, Fed’s Williams, Supply from the US
More Newsquawk in 3 steps:
1. Subscribe to the free premarket movers reports
2. Listen to this report in the market open podcast (available on Apple and Spotify)
3. Trial Newsquawk’s premium real-time audio news squawk box for 7 days
EUROPEAN TRADE
EQUITIES
- European bourses, Stoxx600 +0.1%, moved modestly into the green after a subdued open following a negative APAC handover, however we have now slipped back towards unchanged/incrementally into the red in light newsflow; FTSE100 (-0.4%) lags, hampered by losses in Sainsbury’s (-4.7%) post earnings.
- Sainsbury’s (SBRY LN) Q3 grocery sales +9.3% (prev. +5.6% Y/Y), Retail (exc. fuel) sales +6.5% (prev. +5.2% Y/Y), General Merchandise sales -0.6% (prev. +4.6%), Christmas grocery sales +8.6%, with stronger volumes growth offsetting lower inflation.
- European sectors hold a negative bias; Real Estate is propped up by gains in Vonovia (+1.9%) and Segro (+1.2%) following broker upgrades. Construction & Materials is hampered by Sika (-2.1%) earnings while UK Insurance names lag after a piece in the Insurance Post.
- US equity futures are treading water, with modest outperformance in the NQ (+0.3%), continuing to build on the prior day’s strength and as US yields retreat a touch. Specifics relatively light thus far ahead of remarks from Fed’s Williams before the highly anticipated December CPI print on Thursday.
- Click here and here for the sessions European pre-market equity newsflow, including earnings.
- Click here for more details.
FX
- The Dollar is softer and within a tight (but busy) range of 102.64-35, with participants cautious ahead of tomorrow’s US CPI print.
- EUR remains in consolidation mode and on a 1.09 handle, with the Single-Currency unreactive to remarks from ECB’s de Guindos who mentioned the “rapid pace of disinflation in 2023 is likely to slow in 2024.”; Several large OPEX clips above spot price; Schnabel Q&A scheduled.
- Yen is the G10 underperformer, with USD/JPY climbing briefly above the 145 mark but currently holding around 144.80.
- The Aussie was initially softer after lower than expected CPI, though now outperforms with the AUD/NZD cross higher by 0.2%. Similarly, NOK is firmer despite cooler than expected Norwegian CPI.
- PBoC set USD/CNY mid-point at 7.1055 vs exp. 7.1618 (prev. 7.1010)
- Click here for more details.
- Click here for the Option Expires for the NY Cut.
FIXED INCOME
- USTs outperform EGBs but are similarly yet to pare back all of Tuesday’s sell off, with the 10yr yield back below 4.0%; participants await a 10yr sale and remarks from the influential Fed’s Williams.
- Bunds are bid, in a slight easing from Tuesday’s trough, with fresh fundamentals light ahead of a Q&A with ECB’s Schnabel.
- BTPs are the standout outperformer after Tuesday’s stellar reception for a new 7yr, making a fresh WTD peak of 118.40.
- UK DMO says they are to launch a new conventional Gilt maturing July 2045, launched via syndication in the week commencing January 22nd. More broadly, Gilts are in-fitting with EGBs and saw only fleeting reaction to another particularly strong auction.
- UK sells GBP 4bln 3.75% 2027 Gilt: b/c 3.44x, average yield 3.887% & tail 0.2bps.
- Germany sells EUR 4.43bln vs exp. EUR 5bln 2.20% 2034 Bund: b/c 1.7x, and average yield 2.19%.
- Click here for more details.
COMMODITIES
- Crude is softer despite a subdued Dollar and initial strength in the equities space, failing to hold onto modest gains after a larger-than-expected draw in private inventory crude stocks.
- Gold and Base Metals trade with an upside bias amid a softer Dollar, but within recent ranges amid catalyst-thin trade in the European session; XAU in proximity to yesterday’s high at USD 2042.03/oz.
- Indian steel ministry has no immediate plans to seek higher import taxes on steel products; steel mills want authorities to raise taxes from the prevailing 7.5% on several steel products to curb imports, sources added
- US Energy Inventory Data (bbls): Crude -5.2mln (exp. -0.7mln), Gasoline +4.9mln (exp. +2.5mln), Distillate +6.9mln (exp. +2.4mln), Cushing -0.6mln.
- Click here for more details.
NOTABLE EUROPEAN HEADLINES
- ECB’s de Guindos says “Our future decisions will continue to follow a data-dependent approach to determining the appropriate level and duration of restriction.”
- German Engineering Orders in November -13% Y/Y (Domestic -15%, Foreign -13%), according to VDMA; Order in Sep-Nov -12% Y/Y (Domestic -17%, Foreign -11%)
- German wholesalers and exporters sees nominal revenues down 2% in 2024 after 3.75% fall in 2023; the BGA said sentiment within the country is “on the floor”
DATA RECAP
- Norwegian Consumer Price Index MM (Dec) 0.1% vs. Exp. 0.2% (Prev. 0.5%)
- Norwegian Core Inflation YY (Dec) 5.5% vs. Exp. 5.6% (Prev. 5.8%); Core Inflation MM 0.2% vs. Exp. 0.2% (Prev. -0.2%); Consumer Price Index YY 4.8% vs. Exp. 4.8% (Prev. 4.8%)
- Swedish GDP MM (Nov) 0.2% (Prev. 1.00%); Retail Sales MM (Nov) -0.5% (Prev. 1.4%)
- French Industrial Output MM (Nov) 0.5% vs Exp. 0.0% (Prev. -0.3%)
- Italian Retail Sales SA MM (Nov) 0.4% (Prev. 0.4%); Retail Sales NSA YY 1.5% (Prev. 0.3%)
NOTABLE US HEADLINES
- Tesla (TSLA) says the upgraded Model 3 is now available in North America.
- Boeing (BA) executive tells staff loose bolt findings are being treated as a quality control issue and checks under way at Boeing and Spirit AeroSystems (SPR).
- Hewlett Packard Enterprise (HPE) is to acquire Juniper Networks (JNPR) for USD 40/shr with the deal valued at USD 14bln.
GEOPOLITICS
- US Navy said four warships from Operation Prosperity Guardian were engaged in fighting and that around 50 merchant vessels were in the area of what was the largest attack so far by Houthi militias on merchant vessels in the Red Sea, according to CNBC. It was later reported that US and British forces shot down 21 drones and missiles fired from Yemen, according to AFP News Agency.
- US, EU, UK and partner nations issued a joint statement which condemned North Korea’s export and Russia’s procurement of North Korean ballistic missiles and Russia’s use of missiles against Ukraine on December 30th. In relevant news, the White House said National Security Adviser Sullivan discussed North Korea’s transfer of missiles to Russia in a call with South Korean counterpart.
CRYPTO
- It was initially reported that the SEC granted approval for Bitcoin ETFs for listing on all registered national securities exchanges. However, the US SEC then noted that Bitcoin ETFs had not received approval on Tuesday and SEC Chair Gensler said the SEC account on X was compromised which resulted in an unauthorised post.
- Bitcoin ETF analysis can be found here
APAC TRADE
- APAC stocks mostly declined after the flimsy handover from Wall St and tentativeness ahead of key inflation data and earnings.
- ASX 200 was dragged lower by the mining, materials and resources sectors, while monthly CPI data was softer than expected but remained well above the 2%-3% inflation target.
- Nikkei 225 surged above 34,000 for the first time in over three decades, while soft wages added to the case for a delayed BoJ exit.
- Hang Seng and Shanghai Comp were subdued amid the lack of any major positive drivers and a tepid PBoC liquidity operation, while HSBC and Citigroup lowered their Hang Seng Index targets due to earnings and China policy doubts.
NOTABLE HEADLINES
- US and Chinese defence officials held policy coordination talks at the Pentagon on Monday and Tuesday in their first such in-person meetings since before the pandemic, according to Bloomberg.
- China’s Defence Ministry said it urges the US to reduce military deployment and provocations in the South China Sea and to stop providing support to provocations of certain countries. Furthermore, it urged the US to abide by the One China Principle and stop arming Taiwan, while it added that the US should strictly restrain front-line forces and stop hyping up security issues, according to Reuters.
DATA RECAP
- Japanese Labour Cash Earnings YY (Nov) 0.2% vs Exp. 1.5% (Prev. 1.5%)
- Australian Weighted CPI YY (Nov) 4.3% vs. Exp. 4.4% (Prev. 4.9%)
2C ASIA AFFAIRS
WEDNESDAY MORNING/TUESDAY NIGHT
SHANGHAI CLOSED DOWN 15.55 PTS OR 0.54% //Hang Seng CLOSED DOWN 92,74 PTS OR 0.57% /The Nikkei CLOSED UP 678.64 OR 2.01% //Australia’s all ordinaries CLOSED DOWN 0.60% /Chinese yuan (ONSHORE) closed DOWN AT 7.1694 /OFFSHORE CHINESE YUAN CLOSED DOWN TO 7.1835 /Oil UP TO 72.68 dollars per barrel for WTI and BRENT UP AT 78.23/ Stocks in Europe OPENED ALL RED// ONSHORE YUAN TRADING ABOVE LEVEL OF OFFSHORE YUAN/ONSHORE YUAN TRADING WEAKER AGAINST US DOLLAR/OFFSHORE WEAKER
2 d./NORTH KOREA/ SOUTH KOREA/
NORTH KOREA/SOUTH KOREA
END
2e) JAPAN
JAPAN
With a debt to GDP ratio of 270% what do you expect? Yen plunges after wage growth collapses and this will crush all hope for B of J rate hikes
(zerohedge)
Yen Plunges After Japan Wage-Growth Collapses, Crushing Hope For BOJ Hikes
WEDNESDAY, JAN 10, 2024 – 09:40 AM
ZH premium subscribers who have access to our private twitter feed, are aware that one of our favorite trades of 2023 (besides the blockbuster Turkish Lira long which made our year in one trade) was to trade the USDJPY, which we first went long (successfully) at the start of the year, then shorted in August (also successfully), before once again turning long at the start of December when it dipped to 142 on the thesis that consensus was dead wrong in expecting the BOJ to normalize monetary policy just as the rest of the world was set to ease.
And so far so good, because at a time when the dead wrong echo chamber of momentum chasing Wall Street penguins was recommending shorting the USDJPY to the 130s because the “BOJ would hike rates as soon as December, January, well, maybe some time in 2024… and if not 2024, then 2025… or later” (which we were confident would not happen with the Fed and ECB both set to cut rates), overnight the yen tumbled after Japan’s labor ministry said that in November, headline wage growth for Japanese workers slowed sharply, effectively crushing any hope that the BOJ would hike rates at a time when Japan’s all important wage growth is once again tumbling. As a reminder, for the past decade the Bank of Japan has been seeking evidence of a virtuous cycle linking pay hikes to price increases as a prerequisite for normalizing monetary policy, which is why wage growth – or the lack thereof – has been so important.
As shown in the chart below, nominal cash earnings for workers rose only 0.2% from the previous year, decelerating sharply from a 1.5% increase in October. Economists had expected the pace to hold steady. Here are the key numbers:
- Nominal cash wage (yoy): November: +0.2%, October: +1.5%
- On a seasonally adjusted basis (mom), nominal wage growth declined by -0.7% in November (October: +0.5%).
- Basic wage (yoy): November: +1.2%, October: +1.3%
- Part-timers’ basic wage per hour (yoy): November: +4.6%, October: +3.8%
- Overtime wage (yoy): November: +0.9%, October: -0.7%
- Special wage (yoy): November: -13.2%, October: +13.7%
Meanwhile, real wages crashed 3%, the biggest drop on record, and much deeper than the consensus call for a 2% drop, as well as a drop from October’s -2.3%.
BOJ Governor Kazuo Ueda has been monitoring wage trends for signs there will be enough momentum for the bank to achieve its goal of 2% inflation on a sustainable basis. Clearly, the latest wage growth data, especially the nominal series, confirms that the air is rapidly exiting the balloon, and at this rate Japan may be forced to do even more easing and more QE by year end, steamrolling all those who expect the yen to jump. Ironically, as Bloomberg adds, “while Wednesday’s figures will back the rationale for keeping policy settings ultra-easy this month, they aren’t likely to deter economists from predicting a rate hike in coming months.” Which is to be expected; economists expected the USDJPY to explode even higher above 150 for much of late 2023, only to flip their script and now see it tumbling. They have been dead wrong on both occasions.
That said, the BOJ is looking ahead to the state of play in annual wage negotiations expected to culminate in March. While Japan’s largest labor union federation is urging companies to raise wages by at least 5% in principle, the recent data suggests that any pressure for companies to hike wages is now gone.
Ueda told NHK late last month that it would be possible for authorities to make some decisions even if they don’t have the full results of pay discussions from smaller firms, which may not be available until summer. That remark spurred speculation that the likely timing of a BOJ hike would be the April monetary policy meeting. BOJ authorities next convene in two weeks at a gathering that concludes on Jan. 23, where in addition to setting policy they’ll release updated outlooks for prices and growth.
“The current situation is that wages haven’t caught up with prices,” said Harumi Taguchi, principal economist at S&P Global Market Intelligence. “Given the strong impacts of the base effect from the previous year and the weakness in some sectors, I don’t believe we are in a virtuous cycle yet.” She added that she still foresees an exit from negative rates in April at the earliest.
And now, judging by the latest labor data, Japan’s long overdue exit from negative may happen never… at the earliest.
3 CHINA
This is critical: China dominates the supply of major USA critical minerals
(zerohedge)
China Dominates The Supply Of US Critical Minerals List
TUESDAY, JAN 09, 2024 – 10:00 PM
Most countries have, for many decades, kept a record of their own critical minerals list.
For example, the U.S., drew up a list of “war minerals” during World War I, containing important minerals which could not be found and produced in abundance domestically. They included: tin, nickel, platinum, nitrates and potash.
Since then, as the economy has grown and innovated, critical mineral lists have expanded considerably. The Energy Act of 2020 defines a critical mineral as:
“A non-fuel mineral or mineral material essential to the economic or national security of the U.S., whose supply chains are vulnerable to disruption.”
– ENERGY ACT, 2020.
Currently there are 50 entries on this list and the U.S. Geological Survey (USGS) estimates that China is the leading producer for 30 of them. From USGS data, Visual Capitalist’s Marcus Lu visualizes China’s share of U.S. imports for 10 critical minerals.
What Key Critical Minerals Does the U.S. Import From China?
The U.S. is 100% import-reliant for its supply of yttrium, with China responsible for 94% of U.S. imports of the metal from 2018 to 2021.
A soft silvery metal, yttrium is used as an additive for alloys, making microwave filters for radars, and as a catalyst in ethylene polymerization—a key process in making certain kinds of plastic.
China is a major supplier of the following listed critical minerals to the U.S.
Note: China’s share of U.S. critical minerals imports is based on average imports from 2018 to 2021.
Meanwhile, the U.S. also imports nearly three-quarters of its rare earth compounds and metals demand from China. Rare earth elements—so called since they are not found in easily-mined, concentrated clusters—are a collection of 15 elements on the periodic table, known as the lanthanide series.
Yttrium and scandium exhibit similar rare-earth properties, and are found in the same ore bodies. They are often grouped together with the lanthanide series.
Rare earths are used in smartphones, cameras, hard disks, and LEDs but also, crucially, in the clean energy and defense industries.
Does China’s Dominance of U.S. Critical Minerals Supply Matter?
The USGS estimates that China could potentially disrupt the global rare earth oxide supply by cutting off 40–50% production, impacting suppliers of advanced components used in U.S. defense systems.
A version of this sort of trade warfare is already playing out. Earlier this year, China implemented export controls on germanium and gallium. The U.S. relies on China for around 54% of its demand for both minerals, used for producing chips, solar panels, and fiber optics.
China’s controls were seen as a retaliation against the U.S. which has restricted the supply of chips, chip design software, and lithography machines to Chinese companies.
end
CHINA
end
4.EUROPEAN AFFAIRS//UK /SCANDINAVIAN AFFAIRS
SWISS NATIONAL BANK
FROM GOLD TELEGRAPH:
The Swiss National Bank posted an annual loss of $3.54 billion for 2023 today. Central banks around the world are in the red. What a plot twist.
·
31.3K Views
END
5 RUSSIA//UKRAINE AND MIDDLE EASTERN AFFAIRS
ISRAEL/HAMAS
How Hamas kept October 7 attack secret – report
Only 5 leaders knew everything – Haniyeh was not 1 of them.
SUPPORTERS OF Hamas and Islamic Jihad take part in a rally last year in the southern Gaza Strip to celebrate a deadly shooting attack in Tel Aviv.(photo credit: ATTIA MUHAMMED/FLASH90)
Only five Hamas leaders knew the full scope of the October 7 invasion plan, and they only made the final decision to attack on that Saturday the day before, according to a new report in Asharq Al-Awsat.
The report, which said it was based on Palestinian sources closely associated with the leadership of the Al-Qassam Brigades, stated that the decision and timing of the attack were reportedly made by only five individuals: Yahya Sinwar, Hamas leader in Gaza; Muhammed Deif, leader of the Al-Qassam Brigades, Muhammed Sinwar (Yahya’s brother), Rouhi Mushtaha, a Hamas leader close to Sinwar, and Ayman Nofal, a close associate of Deif and former head of Al-Qassam Brigades’ intelligence, assassinated by Israel on October 17.
Surprisingly, the list did not include Hamas leader Ismail Haniyeh, Hamas deputy leader Saleh al-Arouri (recently allegedly assassinated by Israel), or Marwan Issa, considered a key part of Hamas’s internal triumvirate within Gaza currently running its war and hostage efforts.
The surprise attack launched by Hamas resulted in the brutal murders of over 1,200 Israelis, mostly civilians, and the abduction of around 240 Israelis, while Hamas initially took over 22 Israeli villages and the IDF’s forward southern command base at Reim.
According to the report, what it calls “The Al-Aqsa Flood operation” began with just 70 fighters, launching a surprise attack along the entire Gaza Strip border, from north to south.
Homes are destroyed, following the deadly October 7 attack by Hamas terrorists from the Gaza Strip, in Kibbutz Kfar Aza, southern Israel November 2, 2023 (credit: REUTERS/Evelyn Hockstein)
These 70 crossed the Israeli border by strategically exploding prepared explosives to breach the thick walls of the Gaza-Israel barrier.
Next, they used motorized hang gliders and parachutes to position fighters behind, above, and around Israeli sites.
The plan for the attack is dated back to 2014
According to the report, those involved in the operation were selected from Hamas’s elite units across various areas in Gaza, having undergone extensive training over the years – without knowing exactly what they were training for.
In fact, the report claims that the plan to invade Israel is not new but dated back to before the 2014 Gaza conflict and was revisited and updated after the 2021 Gaza conflict.
After receiving confidential training, elite members pledged secrecy about their special training and refrained from discussing plans, while at the same time, they still did not even know the timing or full scope of the plans.
Their training was especially focused on infiltrating Jewish villages in the South.
Further, the report said that even many senior Hamas field commanders’ areas were unaware of attack details or plans, although some had limited information, to the extent that information was relevant to their specific tasks.
All this extreme secrecy was targeted at preventing leaks to Israeli intelligence, said the report.
Although the IDF did discover aspects of the plans, it did not discover the seriousness of the plans and discounted them as a Hamas “pipedream,” and not something which actually needed to be countered.
If the report is correct, part of why Israeli intelligence likely discounted the scenario is because it had existed since 2014 and had never been carried out.
According to the report, the five top leaders informed Al-Qassam Brigades’ unit leaders about the preparations and the attack plan about three days before, signaling something was more likely afoot, but even then, they did not decide or mention their thoughts on the exact timing.
At this point, field commanders started to more carefully prepare their selected forces, though the timing of the attack was still unknown.
Around this time, the report said that Ayman Siyam, the leader of the Gaza rocket unit (also assassinated by the IDF), was finally very belatedly brought into the loop and received instructions to be ready to launch hundreds of rockets simultaneously with the attack.
Ultimately, Hamas fired over 3,000 rockets in the first four hours of the war.
When October 7 was selected by the panel of five, it was based on real-time reports of a sleepy clam descending on the borders, said the report.
Only on October 6, the day before, noted the report, did the panel of five decide on Saturday morning as the time when the IDF’s guard would be at its lowest due to the Simchat Torah holiday.
Carrying out the plan
At midnight that night, they finally gave the order to move into position to take action, the report recounted.
Hamas field commanders and elite forces received instructions and moved into position in the early morning hours, marking the start of the operation.
According to the report, a wider group of Hamas leaders received a briefing just hours before the operation, instructing them to go into hiding in preparation for a likely intense IDF response. This was the first time that Haniyeh and Arouri were given more specific details.
Originally, the report said that Hamas’s plan was just to capture as many soldiers as possible on the border and possibly to get into some villages.
But the report said that Hamas was surprised at how quickly Israeli defenses crumbled and, in real-time, around 90 minutes into the attack, ordered additional waves of forces to take greater advantage of the breach in Israeli security to get into more villages.
Even later, Hamas told Islamic Jihad and other terror groups about the attack and gave them specific tasks to join in at specific villages.
Later, the report said that Hamas also encouraged less trained groups of militia-style fighters to join the fray.
However, the focus of Hamas’s operation remained to kidnap as many Israelis as possible, and the rest of the attacks were designed to give cover for that goal, the report said.Go to the full article >
END
ISRAEL HAMAS
WATCH: IDF attacks 150 targets, uncovers weapons in Central Gaza
During a raid on military infrastructure in the area, soldiers located rocket launchers, missiles, unmanned aerial vehicles, and explosives.
IDF Air Force eliminates terrorist who planted an explosive device. (IDF SPOKESPERSON’S UNIT)
The IDF’s expanded activities in the central and southern parts of the Gaza Strip, including attacks on over 150 targets, the IDF spokesperson’s unit stated on Wednesday morning.
According to the statement, IDF activity continued in the Al Ma’azi and Khan Yunis areas. During these operations, over 150 targets were attacked, during which terrorists were eliminated and weapons were discovered.
Ground forces continued operations in the Gaza Strip with the assistance and coordination of the air force and the navy.
A big find
In the Al Ma’azi area in the center of the Gaza Strip, soldiers from the Golani Brigade operated and directed air force aircraft to attack terrorists. The soldiers then continued to uncover over 15 underground tunnel shafts. During a raid on military infrastructure in the area, soldiers located rocket launchers, missiles, unmanned aerial vehicles, and explosives.
In addition, the soldiers destroyed a rocket production machine that was located in the adjacent area.
IDF ground forces operating in the central part of the Gaza Strip, January 10, 2024 (credit: IDF SPOKESPERSON’S UNIT)
As part of the 98th Division’s activity in the Khan Yunis region of the southern Gaza Strip, soldiers of the commando formation directed air force aircraft that attacked and eliminated over ten terrorists.
Eliminating a saboteur
In another operation in Khan Yunis, the fighters of the 4th Brigade’s combat team identified a terrorist who had planted an explosive device in the area near the force’s channel of movement.
The brigade successfully directed an air force aircraft that attacked and eliminated the terrorists.Go to the full article >>
end
LEBANON/HEZBOLLAH/ISRAEL/
Israel is systematically killing senior Hezbollah commanders. Is it worth for these guys to wage war if they are continually being targeted?
(zerohedge)
Another Hezbollah Senior Commander Reportedly Taken Out In Israeli Airstrike
TUESDAY, JAN 09, 2024 – 06:40 PM
Another senior Hezbollah official has been killed in a targeted Israeli drone strike, the day following the killing of elite Hezbollah special forces commander Wissam Hassan Al-Tawil.
Tuesday’s strike killed Ali Hussein Barji, widely described as the commander of Hezbollah’s aerial forces in southern Lebanon. He reportedly oversaw Hezbollah’s drone forces, which has sent hundreds of explosive-laden UAVs as well as drones for for the collection of surveillance over Northern Israel in the last months.
While the death was widely reported in international media, Hezbollah later in the evening denied that Barji had been killed. According to Reuters, Hezbollah denies the Israel Defense Forces killed Ali Hussein Barji, the terror group’s drone commander in southern Lebanon, saying in a statement that “the commander was never subjected to any assassination attempt as the enemy claimed.”Iranian-made drones
The attack reportedly happened in the town of Khirbet Selm, within hours before Al-Tawil’s funeral procession. Israeli media had characterized the hit as direct retaliation for an earlier drone attack on a northern Israeli base:
Barji was killed hours after an explosives-laden drone launched by Hezbollah blew up in the IDF Northern Command headquarters in Safed. Barji was involved in the attack on the base.
Hezbollah claimed responsibility for the attack, which struck a major IDF command center, and said it had launched “a number of explosive attack drones” at the base in response to the alleged Israeli assassinations of al-Tawil on Monday and top Hamas official Saleh al-Arouri in Lebanon last week.
An Israeli government spokesman has complained that “Hezbollah is dragging Lebanon into a totally unnecessary war.” The spokesman, Eylon Levy, said in a Monday press briefing, “We are now at a fork in the road.”
Tuesday saw additional IDF airstrikes in various parts of south Lebanon. The rapid and growing pace of the tit-for-tat, with major events and assassinations now occurring daily, suggests an all-out war could be around the corner.
But by almost all accounts of military observers and regional monitors, Hezbollah is much more formidable that Hamas, having several times the military capability to sustain a fight with the Israeli army in terms of manpower and weaponry.
A full Israel-Hezbollah war would be a nightmare for the whole region, and would also drag the country of Lebanon into further suffering, amid the severe economic crisis of the last few years. Iran would also likely get more deeply involved.
If things slide to that point, among Israel’s first targets would likely be Beirut International Airport, which is precisely what happened in the 2006 war.
end
IDF strikes Hezbollah targets in Lebanon
breaking news(photo credit: JPOST STAFF)
An IAF fighter jet attacked an area where terrorist infrastructure and a military structure belonging to Hezbollah were being built Wednesday morning, the IDF said.
In addition, on Tuesday night, an air force fighter jet attacked a military headquarters in the area of Kfar Shuba, Lebanon.
These attacks follow previous IDF attacks on Tuesday morning, where soldiers attacked a military building in the A-Nakura region where gunfire was detected towards the territory of the State of Israel.Go to the full article >>
END
HOUTHIS, USA/ISRAEL
(REUTERS/TIMES OF ISRAEL)
American military confirms US and UK navies shot down 21 Houthi drones, missiles
WASHINGTON – US and UK forces shot down 21 drones and missiles fired by Yemen-based Houthis into the Southern Red Sea toward international shipping lanes, the US military’s Central Command says.
The US Central Command says there are no injuries or damage reported, adding that this is the 26th Houthi attack on commercial shipping lanes in the Red Sea since November 19.
US, UK forces shoot down Houthi missiles, drones in Red Sea
UKMTO and Ambrey also received reports of Red Sea incidents near Yemen’s Hodeidah.
By REUTERS
Ship and tug boats are seen at the Red Sea port of Hodeidah, Yemen February 1, 2017.(photo credit: REUTERS/ABDULJABBAR ZEYAD)
US and UK forces shot down 21 drones and missiles fired by Yemen-based Houthis on Tuesday into the Southern Red Sea towards international shipping lanes, the US military’s Central Command said.
US Central Command said there were no injuries or damage reported, adding that this was the 26th Houthi attack on commercial shipping lanes in the Red Sea since November 19.
END
SYRIA/ISRAEL/HAMAS
END
SYRIA
Nine Syrian soldiers killed by explosive device in central Syria – Syria Defense Ministry
By JERUSALEM POST STAFFJANUARY 10, 2024 00:50
A Syrian military bus carrying soldiers was hit by an explosive device in the desert near the old city of Palmyra in the Homs province on Tuesday night, killing nine people and wounding 13 others, the Syrian Defense Ministry said.
This is a developing story.
end
LEBANON/SYRIA/ISRAEL/IRAN
end
WEST BANK/ISRAEL/
IDF continue to round up many terrorists in the West Bank
(Jerusalem Post)
IDF, Shin Bet, Border Police map terrorist’s house, arrest suspects
Over 100 explosives were found overnight in Jenin in the Yehuda region.
Explosive devices that were discovered and destroyed in Nablus(photo credit: IDF SPOKESPERSON’S UNIT)
The IDF, the Shin Bet, and the Border Police arrested 14 suspects and interrogated several others overnight between Tuesday and Wednesday. In addition, security forces mapped the home of one of the terrorists who carried out the shooting attack at the British Police Junction on Sunday.
The house, located in the Atara village, belonged to one of the terrorists who shot and killed an Israeli Arab man from Beit Hanina in Jerusalem.
In addition, 14 suspects altogether were arrested overnight. Two of them were arrested in the Samaria region by IDF reservists, who additionally interviewed other suspects and confiscated weapons, ammunition, and military equipment.
Clashes occured overnight in the operation
Another two were arrested in Tarqumiyah in the Yehuda region, where approximately 100 ready-to-use explosives were destroyed.
The forces faced clashes during the overnight operation, including stone- and explosive-throwing. The forces responded with gunfire and noted that there were injuries inflicted on the opposing side.
Explosive devices discovered in Tarqumiyah and destroyed (credit: IDF SPOKESPERSON’S UNIT)
Approximately 80 explosives were found buried under roads in Jenin, where two additional suspects were arrested.
Funds intended to finance terrorists and terror operations were confiscated in the Dura village within Hebron as part of the operation, as well.Go to the full article >>
end
JORDAN/SYRIA/HEZBOLLAH
END
USA/IRAQ/MILITANTS
end
UKRAINE/RUSSIA
GLOBAL VACCINE/COVID ISSUES
| Daily Health FactShedding excess weight can greatly aid in managing urine leakage for those who are overweight or obese by reducing pressure on the bladder. [1] |
| Vaccines Could Impact Mortality and Risks of Other Diseases: StudyBy Marina ZhangShare* Read MorePaxlovid Doesn’t Reduce Risk of Long COVID, Potentially Linked to Rebound Symptoms: StudyBy Amie DahnkeShare* Read More |
MARK CRISPIN MILLER
DR PAUL ALEXANDER
SASHA LATYPOVA’S clarion call, her cry out (with a French colleague Helene Banoun) to Protect Babies from the Injection of Beyfortus (RSV monoclonal) is word the read! injection of Beyfortus
(nirsevimab, a monoclonal antibody against bronchiolitis caused by RSV) is recommended for all newborns from maternity ward. not been tested on newborns, but on children aged between 3 months- 2 years
| DR. PAUL ALEXANDERJAN 9 |
Due Diligence and Art
Protect Babies from the Injection of Beyfortus (RSV monoclonal)
Here are changes that were made to the CDC childhood vaccination schedule for 2024…
END
SAGE HANA again for the win! Excellent for it shows clearly Weinstein got it wrong, complete! lockdowns “they needed to be more intense than they were.” WRONG! China’s ZERO-COVID showed it never works
why? because there was 1)animal rervoir, not like smallpox 2)we have open borders & will not shut 3)once crossed borders, no lockdown works 4)will destroy economy, lives 5)denies population immunity
| DR. PAUL ALEXANDERJAN 10 |
The key is with any tight lockdown, if you could ever do it, you deny the population from moving, inching closer to population HERD immunity which is the game, even for the vaccine they brought, the deadly mRNA vaccine; the aim is via natural exposure infection or vaccine, one, or both, to get to HERD immunity…not so? if you lock down tight, and theoretically you could in a make believe world, you will leave your population defenseless when you do open as you saw in China etc. You underestimate the evolutionary capacity of the pathogen to evole and adapt to the selective pressure you place on it via lockdowns.
Any action you take societally, the pathogen adapts and responds to it, so that it does not arrive at an evolutionary ‘dead end’…it evolves milder yet more infectious in wait for you…it wants to live.
END
SLAY NEWS
| The latest reports from Slay News |
| Obituaries Citing ‘Sudden’ & ‘Unexpected’ Deaths SkyrocketThe number of obituaries that cite “sudden” and “unexpected” deaths has skyrocketed since 2021, a new study has found.READ MORE |
| Key Epstein Witness ‘Missing’ after Documents UnsealedOne of the most significant witnesses to Jeffrey Epstein’s crimes has reportedly gone “missing” since the courts started releasing previously unsealed documents last week.READ MORE |
| Fani Willis’ DA Lover Secretly Coordinated with Biden’s White House before Trump IndictmentNathan Wade, a special prosecutor in Fulton County District Attorney Fani Willis’s get-Trump case, secretly coordinated with White House counsel shortly before indicting the 45th president.READ MORE |
| Parents Sue Michigan School District for Secretly ‘Transitioning’ Their DaughterA couple from Michigan is suing their child’s former school district after discovering that officials had secretly “transitioned” their daughter without their knowledge or consent.READ MORE |
| 4-Time Deported Illegal Alien Kills Mother & Son in Colorado Drunk Driving CrashA four-time deported illegal alien has been arrested yet again after killing a mother and son during a drunk driving crash in Colorado.READ MORE |
| Michelle Obama ‘Terrified’ about 2024 Outcome: ‘We Cannot Take This Democracy for Granted’Former First Lady Michelle Obama has claimed that she’s “terrified” about the possible outcome of the 2024 presidential election.READ MORE |
| Wyoming Judge Shuts Down Effort to Remove Trump from BallotAnother effort from the Democrats to remove President Donald Trump from the ballot in Wyoming has been shot down by a county judge, according to reports.READ MORE |
| Jill Biden Forced to Rescue Husband as He ‘Zones Out’ amid Post-Speech ConfusionFirst Lady Jill Biden had to come to the aid of her husband during yet another troubling moment of public confusion.READ MORE |
| Clinton Judge Blocks Trump in E. Jean Carroll Defamation CaseA Bill Clinton-appointed federal judge blocked President Donald Trump from referencing arguments in his defense during the E. Jean Carroll defamation case.READ MORE |
| Singer Michael Bolton Announces ‘Very Unexpected’ Brain TumorSinger Michael Bolton has announced that he has been diagnosed with a brain tumor. READ MORE |
| Texas Dad Shoots Daughter’s Stepfather after Learning of AbuseA Texas father did what many dads in his position would do after learning that his daughter had been abused.READ MORE |
| Democrat Gov Laura Kelly Pushes to Expand Medicaid in KansasThe Democrat Governor of Kansas Laura Kelly has pushed to expand taxpayer-funded Medicaid in her state.READ MORE |
| ‘The View’ Forced to Issue Correction after Pushing False Claims about Jan 6“The View” has been forced to issue a correction after one of the ABC show’s co-hosts pushed false claims about the events at the U.S. Capitol on January 6, 2021.READ MORE |
EVOL NEWS
| LATEST NEWS:LATEST REPORTS FOR NEWS JUNKIES WEF Pushes ‘Brain Chips’ for ‘Altering Human Beings’ The World Economic Forum (WEF) is pushing “brain chips” technology that is designed for “altering human beings.” READ THE FULL REPORT Trump Demands Fani Willis’ Georgia Case Dropped after ‘Improper’ Romantic Relationship with Special Prosecutor Exposed In a Truth Social post today, President Donald Trump weighed in after it was revealed that Fulton County District Attorney Fani Willis has been in an alleged “improper” romantic relationship with special prosecutor Nathan Wade. READ THE FULL REPORT Melania Trump Makes Sad Announcement about Passing of Her Mother Former First Lady Melania Trump announced on Tuesday that her mother, Amalija Knavs, has died at the age of 78. READ THE FULL REPORT Pelosi Claims She ‘Begged’ for National Guard Troops on Jan 6 When Nancy Pelosi appeared on ABC’s Sunday morning talk show “This Week,” the former House Speaker made a dubious claim that would undoubtedly come as a surprise to many of the key decision-makers on Capitol Hill during the events of January 6. READ THE FULL REPORT Illegal Aliens Take Over Brooklyn High School Gym Due to Storm, Students Forced to Attend Remotely A high school in Brooklyn, New York has been closed for Wednesday after illegal immigrants were bussed into the gym due to a storm hitting the east coast. READ THE FULL REPORT VIEW MORE NEWS |
NEWS ADDICT
| LATEST REPORTS FOR NEWS JUNKIES |
| ‘Smoking Gun Evidence’ Shows Covid Shots Are ‘Designed to Kill’A leading American attorney has presented “smoking gun evidence” showing that Covid mRNA shots were “designed to kill” as many people as possible.READ THE FULL REPORT |
| Bill Gates Gloats ‘Intentional Pandemics’ Are LoomingBillionaire Bill Gates has declared that humanity will soon be faced with “unnatural epidemics” and “intentional pandemics.”READ THE FULL REPORT |
| Fani Willis’ Lover Caught Coordinating with White House over Trump ProsecutionThe sordid tale of Nathan Wade, a special prosecutor hired under unusual circumstances by Fulton County D.A. Fani Willis, has gotten even seedier after court documents apparently show that the private lawyer had coordinated the prosecution of Donald Trump and his associates with the White House’s Counsel.READ THE FULL REPORT |
| National Park Service Reverses Course on Plan to Remove William Penn Statue From Philadelphia Park After BacklashIn a shocking turn of events, the National Park Service has reversed course on a plan to remove a William Penn statue from a Philadelphia park after backlash.READ THE FULL REPORT |
| BREAKING: Active Shooter Reported at Super 8 in Minnesota, Multiple People InjuredAn active shooter incident is ongoing in Cloquet, Minnesota, with police reporting “several victims” of gunshot wounds and the assailant still on the loose.READ THE FULL REPORT |
LATEST REPORTS FOR NEWS JUNKIES
MICHAEL EVERY/PHIL MAREY/OR OTHER EXECS //RABOBANK
END
7//OIL ISSUES//NATURAL GAS ISSUES//ELECTRICAL GRID ISSUES// RENEWABLE ENERGY ISSUES//USA AND GLOBE
NORDSTREAM…COVERUP?
Poland’s Obstruction In Nord Stream Pipeline Probe Raises Alarm For Investigators
BY TYLER DURDEN
WEDNESDAY, JAN 10, 2024 – 07:45 AM
At this point, one might be forgiven for thinking that the Nord Stream pipelines sabotage is already ancient history. After all, mainstream media and prime time TV news coverage has by and large ‘moved on’ as soon as it became clear that Russia had nothing to do with it.
At this point, the consensus even among Moscow’s vehement enemies is that the September 26, 2022 series of blasts which disabled the Russia to Germany NS-1 and NS-2 natural gas pipelines had Ukrainian and/or Western involvement. While MSM sources have favored the theory that it was a mystery group of pro-Ukraine operatives on a small yacht, legendary investigative journalist Seymour Hersh has reported that it was a CIA and US Navy special operation with help from Norwegian intelligence services.
Since then, the ongoing investigation by Germany, Denmark and Sweden into the details of what happened has continued to yield very interesting, incremental developments. The latest was revealed in a Wall Street Journal report this week, and involves apparent Polish obstruction of the probe, which has been deemed by officials to be highly suspicious.Nord Stream 2/AP
Reports WSJ, “Polish officials have resisted cooperating with an international probe into the sabotage of the Nord Stream natural-gas pipelines and failed to disclose potentially crucial evidence, according to European investigators working on the case.”
Cover-up?… you don’t say:
Those Polish officials have been slow to provide information and withheld key evidence about the alleged saboteurs’ movements on Polish soil, investigators said. They are now hoping the new government in Warsaw, which took office in December, will help shed light on the attack.
European investigators have long believed the attack was launched from Ukraine via Poland. But they say Warsaw’s failure to fully cooperate has made it hard to establish whether the attack happened with or without the former Polish government’s knowledge, according to senior officials.
And further, “Some senior European officials say they are considering approaching the office of Donald Tusk, Poland’s new prime minister, for help in investigating the biggest act of sabotage on the European continent since World War II.”
According to more from the report:
Investigators haven’t offered evidence linking the Polish government to the explosions and say that even if some Polish officials were involved, it could have been without the knowledge of the political leadership. Yet they say efforts by Polish officials to hinder their investigation have made them increasingly suspicious of Warsaw’s role and motives.
Poland is of course a leading eastern European NATO country, and it would certainly come as no surprise that Polish intelligence or military was involved. The United States has also of late worked hand and glove with Poland on defense issues, as part of NATO’s so-called eastern flank.
Dots being incrementally connected even in establishment media sources…
Moscow especially is no doubt keeping a close eye on such reports, and all of this strongly suggests there will still be surprises and potential bombshells to come in the official European investigation, which is likely to drag on for years. Whether the world will ever get to behold the full truth of the sabotage operation is another question.
END
8. EMERGING MARKETS//AUSTRALIA NEW ZEALAND ISSUES//
CANADA
Why on earth is Canada filing for a digital dollar?
(GATA/Toronto Sun)
Bank of Canada files for ‘digital dollar,’ other related trademarks
Submitted by admin on Tue, 2024-01-09 18:58Section: Daily Dispatches
By Postmedia News
via Toronto Sun
Monday, January 8, 2024
A digital Canadian dollar?
It may not look like it’s going to happen any time soon, but the Bank of Canada has quietly taken steps to control a such a concept, according to Blacklock’s Reporter.
In Dec. 13 and Dec. 19 filings, the bank asserted ownership of “digital dollar,” “digital Canadian dollar,” and “central bank digital currency” in both official languages under the Trademarks Act.
No reason was given and no public hearing was held.
All other applicants must serve public notice subject to challenge. …
… For the remainder of the report:
END
YOUR EARLY CURRENCY/GOLD AND SILVER PRICING/ASIAN CLOSING MARKETS AND EUROPEAN BOURSE OPENING AND CLOSING/ INTEREST RATE SETTINGS WEDNESDAY MORNING 7;30AM//OPENING AND CLOSING
EURO VS USA DOLLAR: 1.0944 UP .0012
USA/ YEN 145.32 UP .885 NOW TARGETS INTEREST RATE AT 1.00% AS IT WILL BUY UNLIMITED BONDS TO GETS TO THAT LEVEL…//YEN STILL FALLS//
GBP/USA 1.2722 UP .0012
USA/CAN DOLLAR: 1.3384 DOWN .0007 (CDN DOLLAR UP 7 BASIS PTS)
Last night Shanghai COMPOSITE CLOSED DOWN 15.55 PTS OR 0.54%
Hang Seng CLOSED DOWN 92.74 PTS OR 0.57%
AUSTRALIA CLOSED DOWN 0.60% // EUROPEAN BOURSE: ALL RED
Trading from Europe and ASIA
I) EUROPEAN BOURSES: ALL RED
2/ CHINESE BOURSES / :Hang SENG DOWN 92.74 PTS OR 0.57%
/SHANGHAI CLOSED DOWN15.55 PTS OR 0.54%
AUSTRALIA BOURSE CLOSED DOWN .60%
(Nikkei (Japan) CLOSED UP 678.64 OR 2.01%
INDIA’S SENSEX IN THE GREEN
Gold very early morning trading: 2032.05
silver:$22.97
USA dollar index early WEDNESDAY morning: 102,22 DOWN 7 BASIS POINTS FROM TUESDAY’s CLOSE.
WEDNESDAY MORNING NUMBERS ENDS
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And now your closing WEDNESDAY NUMBERS 11: 30 AM
Portuguese 10 year bond yield: 2.952% UP 3 in basis point(s) yield
JAPANESE BOND YIELD: +0.581% DOWN 0 AND 4//100 BASIS POINTS /JAPAN losing control of its yield curve/
SPANISH 10 YR BOND YIELD: 3.172 UP 3 in basis points yield
ITALIAN 10 YR BOND YIELD 3.841 UP 1 points in basis points yield ./ THE ECB IS QE’ ING ITALIAN BONDS (BUYING ITALIAN BONDS/SELLING GERMAN BUNDS)
GERMAN 10 YR BOND YIELD: 2.215 UP 3 BASIS PTS
END
IMPORTANT CURRENCY CLOSES FOR WEDNESDAY
Closing currency crosses for day /USA DOLLAR INDEX/USA 10 YR BOND YIELD/1:00 PM
Euro/USA 1.0957 UP 0.024 or 24 basis points
USA/Japan: 145.72 UP 1.284 OR YEN UP 8 basis points/
Great Britain/USA 1.2721 UP .0011 OR 11 BASIS POINTS //
Canadian dollar UP .0007 OR 7 BASIS pts to 1.3381
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The USA/Yuan, CNY: closed ON SHORE CLOSED (DOWN) …7.1715
THE USA/YUAN OFFSHORE: (YUAN CLOSED (DOWN)…. (7.1856)
TURKISH LIRA: 29.97 EXTREMELY DANGEROUS LEVEL/DEATH WATCH/HYPERINFLATION TO BEGIN.//ON DEATH WATCH
the 10 yr Japanese bond yield at +0.581…VERY DANGEROUS
Your closing 10 yr US bond yield DOWN 1 in basis points from TUESDAY at 4.013% //trading well ABOVE the resistance level of 2.27-2.32%) very problematic
USA 30 yr bond yield 4.198 UP 1 in basis points ON THE DAY/12.00 PM
USA 2 YR BOND YIELD: 4.354 DOWN 2 BASIS PTS.
Your 12:00 AM bourses for Europe and the Dow along with the USA dollar index closing and interest rates: WEDNESDAY CLOSING TIME 12:00 PM
London: CLOSED DOWN 32.20 PTS OR .42%
German Dax : CLOSED UP 1.45 PTS OR 0.01%
Paris CAC CLOSED UP 2.94 PTS OR 0.05%
Spain IBEX CLOSED UP 6.80 PTS OR 0.07%
Italian MIB: CLOSED UP 42.00 PTS OR 0.14%
WTI Oil price 72.28 12: EST
Brent Oil: 77,57 12:00 EST
USA /RUSSIAN ROUBLE /// AT: 89.33; ROUBLE UP 0 AND 57//100
GERMAN 10 YR BOND YIELD; +2.2105 UP 3 BASIS PTS
UK 10 YR YIELD: 3.854 UP 5 BASIS PTS
CLOSING NUMBERS: 4 PM
Euro vs USA: 1.0969 UP .0037 0.0037 OR 37 BASIS POINTS
British Pound: 1.2736 UP .0026 or 26 basis pts
BRITISH 10 YR GILT BOND YIELD: 3.852% UP 4 BASIS PTS//
JAPAN 10 YR YIELD: 0.582%
USA dollar vs Japanese Yen: 145.69 UP 1.1257 //YEN DOWN 113 BASIS PTS//
USA dollar vs Canadian dollar: 1.3380 DOWN 0.0009 CDN dollar DOWN 9 basis pts)
West Texas intermediate oil: 71.27
Brent OIL: 76.67
USA 10 yr bond yield UP 0 BASIS pts to 4.014%
USA 30 yr bond yield UP 2 BASIS PTS to 4.202%
USA 2 YR BOND: UP 0 PTS AT 4.366%
USA dollar index: 102.15 DOWN 14 BASIS POINTS
USA DOLLAR VS TURKISH LIRA: 29.96 (GETTING QUITE CLOSE TO BLOWING UP/
USA DOLLAR VS RUSSIA//// ROUBLE: 89.33 UP 0 AND 57/100 roubles
GOLD 2023.15 3:30 PM
SILVER: 22.91 3:30 PM
DOW JONES INDUSTRIAL AVERAGE: UP 170.44 PTS OR 0.45%
NASDAQ UP 114.34 PTS OR 0.69%
VOLATILITY INDEX: 12.74 DOWN .02 PTS 0.16%
GLD: $187.50 DOWN .43 OR 0.23%
SLV/ $21.00 DOWN .06 OR 0.24%
end
USA AFFAIRS
TODAY’S TRADING IN GRAPH FORM
Bonds & Black Gold Dip, Big-Tech Rips As Event Risk Looms
WEDNESDAY, JAN 10, 2024 – 04:00 PM
A nothing-burger of a day from a macro (and micro) perspective left stocks and bond yields to drift higher ahead of tomorrow’s big inflation print and bank earnings on Friday.
The only thing of note occurred in the last hour when Fed’s Williams who appeared to push back against the recent dovish narrative of tapering QT earlier than expected (he was also hawkish on rates)…
- *WILLIAMS: DON’T SEEM CLOSE TO POINT OF SLOWING ASSET RUNOFF
- *WILLIAMS: NEED TO MAINTAIN RESTRICTIVE STANCE ‘FOR SOME TIME’
- *WILLIAMS, CITING FED’S BARR, SAYS BTFP EXPECTED TO END MARCH 11!
That wiped lipstick off the equity market ‘pig’ gains, pushing Small Caps into the red on the day. The SEC approved the spot Bitcoin ETF at the bell and tha seemed to spark a panic bid in stocks, lifting Small Caps back to unchanged and Nasdaq to a strong day…
Today was dominated by 0-DTE Call-buying all day… with barely any solid put-buying or -selling. The call-buying stalled when Williams wrecked the party…
Despite the surge in stocks, VIX was flat today ahead of the event risk of the next two days…
Source: Bloomberg
Most notably, MAG7 stocks continued to surge, up 5% in the last three day and into the green YTD…
Source: Bloomberg
Treasury yields were net modestly higher (+2bps) but the intraday swing was notable. The 30Y yield inched up to be higher on the week while the belly outperforms…
Source: Bloomberg
Another tail at the 10Y auction did not help and yields pushed higher from overnight late-Asia buying lows, and back above 4.00% again…
Source: Bloomberg
The dollar was dead-stick today with barely a blip
Source: Bloomberg
While the world waited in anticipation of the SEC approving a spot bitcoin ETF, Ethereum is dramatically outperforming Bitcoin…
Source: Bloomberg
…erasing all of the relative YTD weakness…
Source: Bloomberg
Oil prices pulled back today after testing up towards the top of the YTD range…
Source: Bloomberg
Gold dipped back to $2020 (spot) – key support…
Source: Bloomberg
Finally, VVIX (the implied vol of implied vol) has collapsed in recent days…
Source: Bloomberg
Among the lowest levels of expected vvol in the last 10 years…
Source: Bloomberg
The last time VVIX was this low was right before the SVB collapse.
END
MORNING TRADING//
end
AFTERNOON TRADING
II USA DATA
END
III USA ECONOMIC COMMENTARIES
Extremely important!
(simon White/Bloomberg)
Expiry Of Fed Bank Bailout Facility Strengthens Calls For Earlier Rate-Cut
WEDNESDAY, JAN 10, 2024 – 09:20 AM
Authored by Simon White, Bloomberg macro strategist,
The Federal Reserve is likely to retire the Bank Term Funding Program in March. This would entail an additional ongoing headwind for reserves, and thus liquidity, through 2024. At the margin, this adds weight to the case for the Fed cutting interest rates sooner in the year.
The BTFP was created in the wake of the SVB crisis to help struggling banks get access to liquidity when bond prices were dropping. However, its use in recent months has jumped to over $140 billion. That is not, however, a sign of banking stress.
The chart below shows the usage of the BTFP along with the rate paid at the 99th percentile in the fed funds market relative to the upper bound of the range for fed funds.
As can be seen, this is under zero, i.e. banks are not having to pay up to get liquidity.
This is in stark contrast to last March at the time of SVB’s fall when some banks were having to pay 15 bps above the fed funds upper bound for liquidity.
This time the rise in BTFP usage is good old-fashioned arbitrage. After the Fed’s pivot, term rates have come down relative to the policy rate. The cost to use the BTFP is 1y OIS + 10 bps, which is ~4.90%. Banks can post USTs at par as collateral, borrow at this rate, then deposit the funds back at the Fed at the IORB rate (interest on reserve balances), i.e. 5.40%, for a juicy risk-free profit.
This is not good optics, so it is unlikely the program will be renewed when it is due to expire on March 11. Michael Barr, the Fed’s vice chair for supervision, hinted as much on Tuesday when he emphasized the BTFP is an “emergency program.”
And it seems clear the emergency is over. Deposits of small banks (for whom the program was aimed at) have been rising since their drop after SVB’s collapse (both on a seasonally and non-seasonally adjusted basis). That, along with the quiescent fed funds market, suggests banks are not facing stress. Furthermore, the Fed’s pivot has also increased collateral values, making banks’ hold-to-maturity portfolios less underwater.
The BTFP’s expiry would mean another ongoing drain on reserves as the loans expire over the year.
With the Fed now seemingly focused on liquidity in this new paradigm, this adds to reasons why the central bank may cut earlier in the year.
The market is currently pricing 17 bps of cuts for the March 20 meeting, so that’s not an attractive risk-reward, but at under ~7 bps or so that proposition changes – more so if the BTFP is no more.
end
Office Vacancies Hit Record High Across US Cities As CRE Downturn Worsens
TUESDAY, JAN 09, 2024 – 07:20 PM
Courtesy of the Federal Reserve’s most aggressive interest rate hiking cycle in a generation, a surge in remote work in a post-Covid world, and imploding Democrat-run cities with radical progressives in City Halls who fail to enforce common sense ‘law and order,’ the office sector is reeling and faces an accelerated downturn.
New data from Moody’s Analytics shows that 19.6% of office space across major US metro areas was not leased as of the fourth quarter of 2023, exceeding the previous high of 19.3% in the commercial real estate downturn between 1986 and 1991. Source: WSJ
“The bulk of the vacant space are buildings that were built in the 1950s, ’60s, ’70s, and ’80s,” Mary Ann Tighe, chief executive of the New York tri-state region at real-estate brokerage CBRE, told The Wall Street Journal.
The new record directly reflects the remote and hybrid work trends that have surged since Covid as companies reduce overall corporate footprints.Source: WSJ
Kastle Systems, the gold-standard measure of office-occupancy trends via card-swipe data, has yet to recover from pre-Covid levels.
Another driver of rising office vacancy, but not mentioned in the WSJ report nor other legacy corporate media outlets covering the new Moody’s Analytics data, is that failed social justice reforms in Democrat cities have forced companies to shift operations to safer areas. This is a topic widely ignored by woke journos.
In a previous report, the Mortgage Bankers Association found that $117 billion in CRE office debt needs to be repaid or refinanced this year. This debt is concentrated in Democrat cities like New York City (Manhattan), San Francisco, Chicago, and Los Angeles.
Unless the Fed aggressively begins cutting rates in March, building owners’ ability to obtain financing for previous loans will have trouble rolling over that debt.
This will only mean regional banks with high exposure to the CRE space could face a tsunami of credit losses over delinquent CRE loans.
END
Cyberattack Hits Second Largest US-Non Bank Mortgage Lender
TUESDAY, JAN 09, 2024 – 11:20 PM
US mortgage lender loanDepot confirmed in an 8k filing on Monday that it is the latest victim of a cyberattack that has brought critical systems offline.
California-based loanDepot, which is the second-largest non-bank mortgage lender behind Rocket Mortgage, wrote in a filing that it “recently identified a cybersecurity incident affecting certain of the Company’s systems.”
“Upon detecting unauthorized activity, the Company promptly took steps to contain and respond to the incident, including launching an investigation with assistance from leading cybersecurity experts, and began the process of notifying applicable regulators and law enforcement.
“Though our investigation is ongoing, at this time, the Company has determined that the unauthorized third party activity included access to certain Company systems and the encryption of data. In response, the Company shut down certain systems and continues to implement measures to secure its business operations, bring systems back online and respond to the incident.”
Shares of loanDepot are down 5% in premarket trading in New York.
The lender noted it will “continue to assess the impact of the incident and whether the incident may have a material impact on the Company.”
IIIB USA COMMENTARIES RE ISRAEL/HAMAS WAR/ and PERVASIVE ANTISEMITISM/WOKISM
END
FREIGHT ISSUES/USA
END
VICTOR DAVIS HANSON
Claudine Gay Is Only Digging Deeper: Victor Davis Hanson
TUESDAY, JAN 09, 2024 – 05:40 PM
Authored by Victor Davis Hanson via RealClear Wire,
It is understandable that Claudine Gay is furious over her forced resignation, her calamitous fall from grace, and the public consensus about the great damage done to Harvard by her presidency.
But still, playing the wounded fawn is no excuse or defense.
Thus Claudine Gay’s recent New York Times disingenuous op-ed alleging racism as the prime cause of her career demise was, to quote Talleyrand, “worse than a crime, it was a blunder.” And her blame-gaming will only hurt her cause and reinforce the public’s weariness with such boilerplate and careerist resorts to racism where it does not exist.
Gay knows that her meteoric career trajectory through prestigious Phillips Academy, Princeton, Stanford, and Harvard was not symptomatic of systemic racism, but rather just the opposite – in large part through institutional efforts to show special concern, allowances, and deference due to her race and gender.
And she knows well that her forced resignation was not caused by a conspiracy of conservative activists. It came at the request also of liberal op-ed writers in now embarrassed left-wing megaphones like the New York Times and the Washington Post, black intellectuals, and academics – and donors who usually identify, like the vast majority of Harvard philanthropists, as liberal Democrats.
Gay knows, too, that in her now notorious congressional testimony, had she just offered an independent assessment of the epidemic of antisemitism on her campus and a Harvard plan to stop it (rather than joining in the finger-in-the-wind groupthink of the other two presidents), and had she not been guilty of long-standing, serial, and flagrant plagiarism, she would still have her job.
Gay knows that other white university presidents have recently been forced to resign for far less culpable behavior than her own. Pennsylvania president Liz Magill was forced to quit after her Dec. 5 seeming inability or unwillingness to act against blatant antisemitic speech and conduct on her own campus, or Stanford’s president Marc Tessier-Lavigne for co-authoring, some decades earlier, scientific papers whose results were not always based on authenticated data.
Again, as for Gay’s insinuations of a cabal that took her down, she also knows that such a charge is no more true or false than the public outrage, both liberal and conservative, over Magill’s obtuseness, or the largely left-wing effort to remove the white male Tessier-Lavigne.
Gay knows that she herself has disciplined and censored lots of Harvard professors, among them preeminent black scholars, such as Roland Fryer and Ronald Sullivan, on speculative allegations far less egregious than her own serial plagiarism and inconsistent policies of addressing “hate speech.” Did anyone suggest she was then a “racist”?
Gay knows that as president she oversaw a code of behavior that routinely severely disciplined students, staff, and professors for plagiarism of a nature far less serial and systematic than her own.
Gay indeed knows that her plagiarism was far more serious than suggested by her half-hearted defense of her scholarship (“I have never misrepresented my research findings, nor have I ever claimed credit for the research of others”).
In fact, when anyone – again and again – copies word-for-word whole paragraphs without attribution or quotation marks, or lifts entire sentences and appropriates the thoughts of another without sufficient footnotes, that is precisely “misrepresentation” and claiming “credit” where credit is not due. If a Harvard president and full professor makes such a defense of intellectual theft, what will it say in the future about Harvard?
Gay knows that her claim of being proactive in correcting some lifted passages was not proactive at all. It was entirely reactive and came only in response to criticism of her scholarly methods.
Gay knows that she has done irrevocable damage to Harvard; given the Harvard Corporation, its legal team, its 700 supportive faculty letter-signers, and its satellite freelancers leave to embarrass themselves further; and gravely eroded the institution’s reputation and credibility by going out of their way to defend the indefensible solely on her behalf:
- By threatening legal action against the New York Post for airing the legitimate charges of plagiarism
- By creating a new, ad hoc vocabulary to legitimize her plagiarism (“duplicative language”/“missteps”)
- By also echoing her charges of racism (and in surreal fashion without any self-awareness that if such charges were true, then Harvard would not have forced her to resign or at least would have refused her resignation)
- By claiming that anonymous complaints of her intellectual theft were somehow illegitimate by virtue of their whistleblower status
- By absurdly insinuating that plagiarism is not plagiarism if the plagiarized does not complain
There was one key issue that Gay neither raised nor much less resolved: Given that now Professor Gay has made no effort to explain item by item all the allegations of decades-long and habitual plagiarism, does she feel now exempt from such charges as a Harvard professor of political science?
And if so, is her faculty exemption of the sort usually accorded other professors and students under similar suspicion of plagiarism?
In the end, was it really asking too much of a Harvard president just to do two things? 1) Explain to Congress why there was a problem of antisemitism at Harvard, and then outline the concrete steps she would take to stop the spread of growing antisemitic speech and conduct at her campus, and 2) Don’t plagiarize the work of other scholars?
This article originally appeared on X, formerly Twitter, Jan. 4, 2024.
end
USA// COVID//VACCINE
END
SWAMP STORIES
Looks like Austin has prostate cancer and it probably grew from stage one to stage 4 in one week as a turbo.
Thus his reason to keep quiet
(zerohedge)
Doocy Questions Potential Cover-Up Over Biden’s Health
WEDNESDAY, JAN 10, 2024 – 10:00 AM
Authored by Paul Joseph Watson via Modernity.news,
Fox News reporter Peter Doocy reacted to the revelation that the Pentagon had kept secret details of the Defense Secretary’s cancer treatment by asking if there could be a cover-up surrounding Biden’s health.
We’re only now learning, weeks later, that Lloyd Austin was admitted to Walter Reed National Military Medical Center on December 22 to be treated for prostate cancer.
Austin underwent a “minimally invasive surgical procedure called a prostatectomy to treat and cure prostate cancer,” according to the hospital.
However, the Pentagon only revealed what happened yesterday after days of speculation and criticism.
Doocy grilled National Security Council Coordinator for Strategic Communications John Kirby on the issue during a press conference, demanding to know, “Why should we believe anything this administration tells us about anything ever again?”
Kirby acknowledged the Pentagon had faced a “challenge to credibility” by failing to quickly reveal the details of Austin’s treatment.
Doocy shot back by asking, “If the administration’s going to go to such great lengths to keep secrets about the defense secretary’s health, how can anybody be certain that the administration would not go to the same lengths to keep secret problems with President Biden’s health in the future?”
Kirby began another ramble which suggested he wasn’t going to directly answer the question, to which Doocy responded, “He’s 81-years-old.”
The former admiral then admitted he didn’t know why information about Austin’s health wasn’t “shared,” but still insisted that it wasn’t a deliberate cover-up.
As we highlighted yesterday, JP Morgan Asset Management strategist Michael Cembalest predicted that Joe Biden will drop out of the 2024 election due to poor health.
Biden looked lost again after arriving in Delaware for a speech this past weekend and had to be carefully led off stage by his wife, an appearance that was seemingly his only activity in over a fortnight.
https://www.zerohedge.com/political/doocy-questions-potential-cover-over-bidens-health
end
“You Are The Epitome Of White Privilege”: Chaos Ensues After Hunter Biden Crashes Contempt Hearing, Then Flees When MTG Speaks
WEDNESDAY, JAN 10, 2024 – 11:45 AM
Hunter Biden received quite the earful after a surprise appearance at his Contempt of Congress hearing for defying a subpoena last month.
Rep. Nancy Mace (R-SC) tore into the First Son, asking “who bribed Hunter Biden to be here?”
“You are the epitome of white privilege. Coming in to the Oversight Committee, spitting in our face, ignoring a congressional subpoena to be deposed. What are you afraid of? You have no balls to come up here,” she said, adding “I think that Hunter Biden should be arrested right here, right now, and go straight to jail.“
The Oversight and Judiciary Committees are moving to hold Hunter Biden in contempt after he skipped out on a closed-door deposition last month, where he would have faced serious questions over his business dealings in connection to their impeachment inquiry into his father, President Biden.
Instead, Hunter held an impromptu hearing on Capitol Hill, where he said he would only testify in a public setting, and suggesting (with maximum goalpost moving) that his father “was not financially involved in my business.” (As opposed to involved in other ways, which is of course as opposed to the original ‘not at all’ claim Biden gave on the 2020 campaign trail).
Hilariously, Hunter fled the room when Rep. Marjorie Taylor Greene (R-GA) began to speak:
He was also asked by a hilarious reporter what type of crack he prefers:
More questions followed:
Aside from the Wednesday clown show, on Tuesday, House Oversight Committee Chairman James Comer noted that the “vast majority” of Hunter Biden’s artwork was purchased by wealthy Democratic party donors.
“The vast majority of Hunter Biden’s art has been purchased by Democrat donors, one of whom was appointed by President Biden to a prestigious commission after she purchased Hunter Biden’s art for tens of thousands of dollars shortly after Joe Biden’s inauguration. The White House has a lot of explaining to do about misleading the American people,” said comer in a press release.
Hunter Biden’s friend and financial benefactor Kevin Morris purchased $875,000 worth of his art in January 2023, Bergès told lawmakers. Bergès said Morris only paid a 40% commission on the $875,000 purchase, a deal Hunter Biden and Morris knew the financial implications of.
Berges said he had never conducted a deal like it before. He admitted that Hunter Biden’s name influenced the prices of his art. –Daily Caller
Morris has been identified as the third party donor who paid off approximately $2 million in Hunter’s backtaxes in early 2020.
END
Appeals Court Strikes Down Biden Admin’s Washing Machine Regulations
WEDNESDAY, JAN 10, 2024 – 01:25 PM
Authored by Aldgra Fredly via The Epoch Times,
The 5th U.S. Circuit Court of Appeals earlier in the week blocked the Biden administration’s efforts to repeal Trump-era efficiency standards regulating water usage in dishwashers and laundry machines.
In its ruling on Jan. 8, the court said the Department of Energy’s (DOE) actions to tighten the regulatory regime in 2022 were “arbitrary and capricious.”
“Even if DOE could consider dishwashers’ and clothes washers’ ‘efficiency’ in both ‘energy use’ and ‘water use,’ the 2020 Rules likely promoted greater efficiency in both categories than the Repeal Rule.
“Assuming both energy conservation metrics are on the table, the States argue, and DOE does not appear to dispute, that one important aspect of that problem is whether appliance regulations actually reduce energy and water consumption,” it added.
In 2020, the DOE released two final rules that established product classes for residential dishwashers with a normal cycle time of 60 minutes or less, top-loading washing machines with a normal cycle time 30 minutes or less, and front-loading machines with a normal cycle time of 45 minutes or less.
The Biden administration in 2022 finalized a rule to revoke the two earlier rules, which it said contain “improperly promulgated standards,” reinstating the prior product classes and applicable standards.
A group of states led by Louisiana petitioned for review of the DOE’s repeal. The court said it granted the petition and remanded the rules back to the department.
The court also questioned whether the DOE has “statutory authority” to regulate water use in dishwashers and clothes washers.
”But even if DOE has water-usage authority over the relevant appliances, the Department failed to adequately consider the negative consequences of the Repeal Rule, including the substitution effects of energy-and-water-wasting rewashing, prewashing, and handwashing.
“And in all events, the 2022 DOE failed to adequately consider the impact of the energy conservation program on ‘performance characteristics,’” it added.
Louisiana Attorney General Liz Murrill said the court’s decision marks a “big win” for families in the United States.
“It’s not ‘energy efficient’ to have to wash your dishes and clothes twice (for hours),” Ms. Murrill stated on social media.
“The Biden Administration’s dishwasher rule saved neither energy nor water. For families—moms, dads, and kids who do laundry and dishes, this is a big win! We want appliances that work,” she added.
Biden Admin’s Climate Rules
In May last year, the DOE proposed congressionally mandated standards for new dishwashers that promised to lower costs while reducing the amount of carbon being emitted into the atmosphere.
The proposal sought to cut energy use by 27 percent and water use by 34 percent in new conventional household dishwashers made in the United States or imported into the country, starting three years after the publication of the final rule.
This means that the maximum estimated annual energy use for standard-sized dishwashers would be 223 kWh/year and the maximum per-cycle water consumption would be 3.3 gallons.
Compact dishwasher models would see a 22 percent reduction in power use and an 11 percent lower water usage.
However, a coalition of 19 industry and consumer groups led by the Competitive Enterprise Institute (CEI) argued that existing dishwasher standards were already causing “serious problems” for consumers and that tightening them further would worsen the problems and undercut consumer protections.
“While each of the Biden administration’s recently-proposed appliance measures raises a unique set of risks for consumers, the proposed dishwasher rule at issue here is particularly harmful.
“We believe the proposed rule should be withdrawn and that the Department of Energy (DOE) should shift its focus to addressing the drawbacks caused by its existing dishwasher regulations,” the coalition wrote.
END
THE KING REPORT
| The King Report January 10, 2024 Issue 7156 | Independent View of the News |
| The Nikkei rallied 1.2% on Tuesday and closed (33,763,18) at its highest level since March 1990. ‘Experts’ and the fin media proffered conflicting stories. Nikkei Hits Highest Since Early 1990s in Sign Deflation Ending – BBG https://finance.yahoo.com/news/japan-nikkei-225-climbs-back-060456271.html Tokyo Inflation Slows as Thrifty Consumers Curb Some Outlays – BBG Consumer prices excluding fresh fish rose 2.1%… decelerating from 2.3% in November… The reading was the weakest since June 2022 and matched economists’ consensus forecast… ESHs traded moderately lower but flat from the Nikkei opening until they broke lower after the 3 ET European opening. The decline persisted, with two modest rebounds, until the daily low of 4767.50 appeared at 9:45 ET. Conditioned traders eagerly and aggressively bought the NYSE opening decline. ESHs soared to 4804.00 at 13:04 ET. They then sank to 4785.75 at 13:32 ET. But the usual suspects again eagerly and aggressively bought the decline. ESHs rebounded to 4800.75 at 13:50 ET. Alas, sellers returned; ESHs fell into a down channel and remained there into the close. USHs opened moderately lower on Monday night. They rallied 12/32 to +1/32 at 22:47 ET. USHs then declined until they made a daily low of 121 26/32 at 5:08 ET. After modest rally, USHs double bottomed at 8:24 ET. USHs then rallied sharply, despite a looming $52.0B US 3-year auction. This trading anomaly has occurred repeatedly for the past few months. Someone is aiding & abetting the US Treasury. USHs hit a daily high of 122 24/32 at 10:02 ET. They retreated to 122 11/32 at 12:40 ET and then rallied into the 3-year auction. USHs jumped to 122 19/32 at 13:01 ET, one minute after the auction results were released. 3-year auction results: 4.105% vs 4.116% WI. USHs then fell to 122 7/32 at 13:32 ET. Why would USHs retreat after a good 3-year auction? Occam’s Razor would suggest that too many traders got long into the auction and too few pasty buyers appeared after the results were released. Positive aspects of previous session After an early tumble, the usual suspects eagerly & aggressively bought ESHs and stocks Negative aspects of previous session Bonds declined modestly despite a good 3-year auction Ambiguous aspects of previous session Why did bonds rally after a good 3-year auction? First Hour/Last Hour Action [S&P 500 Index]: 1st Hour from NYSE Open: Up; Last Hour: Up Pivot Point for S&P 500 Index [above/below indicates daily trend to traders]: 4750.77 Previous session S&P 500 Index High/Low: 4765.47; 4730.35 Defense Secretary Lloyd Austin treated for prostate cancer – CNN https://amp.cnn.com/cnn/2024/01/09/politics/lloyd-austin-prostate-cancer/index.html @SonofHas: The craziest part about the Lloyd Austin scandal? Biden went a full work week without talking to his Secretary of Defense—and that was viewed as normal. @AP: White House orders Cabinet secretaries to notify when they can’t perform duties after Austin illness (What were they doing before this order?) NSC’s John Kirby: “Nobody at the White House knew that Secretary Austin had prostate cancer until this morning.” Black box recorder from imperiled Alaska Airlines flight completely erased: ‘we have nothing’ https://trib.al/hpJ9N47 @seanmdav: Don’t worry. Pete Buttigieg said everything is fine at Boeing. Sure, a bunch of people nearly got sucked out of a plane over a known problem he didn’t make them fix. And yeah, the flight’s black box just magically Epsteined itself. But everything’s fine. Sweden states all citizens must be prepared for war (Russian threat with Sweden to join NATO) https://www.msn.com/en-gb/news/world/sweden-states-all-citizens-must-be-prepared-for-war/ar-AA1mDVoB Airstrike in central Baghdad kills Iran-backed militia leader as regional tensions escalate Abu Taqwa was targeted because he was actively involved in attacks on U.S. personnel. Abu Taqwa was identified as a leader of the Harakat al-Nujaba group… https://apnews.com/article/iraq-iran-militia-pmf-airstrike-baghdad-e6cd1c3c7ad16c953495e1d625a1154a NYT: From Lebanon to the Red Sea, a Broader Conflict with Iran Looms With its proxies attacking from many vantage points and its nuclear program suddenly revived, Iran is posing a new challenge to the West — this time with Russia and China on its side. President Biden and his top national security aides believed last summer that the chances of conflict with Iran and its proxies were well contained. After secret talks, they had just concluded a deal that led to the release of five imprisoned Americans in return for $6 billion in frozen Iranian funds and some Iranian prisoners… though little discussed by the Biden administration, the Iranian nuclear program has suddenly been put on steroids. International inspectors announced in late December that Iran initiated a threefold increase in its enrichment of near-bomb-grade uranium. By most rough estimates, Iran now has the fuel for at least three atomic weapons — and American intelligence officials believe the additional enrichment needed to turn that fuel into bomb-grade material would take only a few weeks. But the second deal — one Mr. Biden did not want revealed — was an unwritten agreement that Iran would restrict its nuclear enrichment and keep a lid on the proxy forces. Only then, the Iranians were told, could there be talks on a broader deal… https://www.nytimes.com/2024/01/07/us/politics/iran-us-israel-conflict.html?unlocked_article_code=1.ME0.m1Ux.jaexGsprPSfx&smid=nytcore-ios-share&referringSource=articleShare&s=02 Politico: The war in Gaza may widen. The Biden admin is getting ready for it. That could put President Joe Biden in the center of a messy Middle East conflict in the midst of a bruising re-election campaign… The U.S. has for months behind the scenes urged Tehran to persuade the proxies to scale back their attacks… The potential for wider conflict is growing, officials said, following a series of confrontations in Iraq, Lebanon and Iran over the past several days. Those have convinced some in the administration that the war in Gaza has officially escalated far beyond the strip’s borders — a scenario the U.S. has tried to avoid for months… “The signs are blinking red for this to erupt into a regional war.” https://www.politico.com/news/2024/01/04/war-gaza-widen-biden-getting-ready-00133949?s=02 SEC Grants Approval for Bitcoin ETFs – BBG 16:14 ET SEC Sans Bitcoin ETFs Have NOT Received Approval on Tuesday – BBG 16:24 ET Cryptos soared and then plunged after the above headline hit the tape. SEC Chair @GaryGensler: The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products. 16:26 ET Today – After a one-day AI hype & hope rally on Monday, stocks slid on Tuesday. The window to be fearlessly bullish should close in the late afternoon as traders position themselves for the release of the December CPI on Thursday. Of course, if someone has non-public info on the CPI report… The S&P 500 500 Index low on Monday was 4699.82. This is near the triple bottom support that we highlighted a few times in recent missives. Ergo, this level has enhanced technical importance. ESHs are -1.25; USHs are +3/32; and Feb AU is +2.10 at 20.10 ET. Expected economic data: Nov Wholesale Inventories -0.2% m/m, Wholesale Sales +0.4%: NY Fed Pres Williams on 2024 Economic Outlook at 15:15 ET S&P Index 50-day MA: 4564; 100-day MA: 4465; 150-day MA: 4460; 200-day MA: 4377 DJIA 50-day MA: 35,828; 100-day MA: 34,921; 150-day MA: 34,812; 200-day MA: 34,460 (Green is positive slope; Red is negative slope) S&P 500 Index – Trender trading model and MACD for key time frames Monthly: Trender and MACD are positive – a close below 4026.83 triggers a sell signal Weekly: Trender and MACD are positive – a close below 4494.54 triggers a sell signal Daily: Trender and MACD are negative – a close above 4783.04 triggers a buy signal Hourly: Trender and MACD are positive – a close below 4728.04 triggers a sell signal @dom_lucre: Former NFL wide receiver Chad Ochocinco Johnson told Shannon Sharpe that President Obama was a gang member in Chicago. Ocho stated that Barrack Obama was a member of GD or Gangster Disciple also known as “Growth and Development” gang prior to being a politician. (“I used to be a GD; I don’t bang nobody. Obama was a GD with me…Then he went into politics.” https://twitter.com/dom_lucre/status/1744810989973914096 Obama commuted sentence of Deval Patrick kin 12/19/2013 Reynolds Allen Wintersmith Jr. was sentenced to life in prison after being convicted in Illinois federal court in 1994 of conspiracy to possess with intent to distribute and distribute cocaine and cocaine base and possession with intent to distribute crack. He was 19 at the time of his arrest and 17 at the time he got involved running drugs for the Gangster Disciples gang. He is 39 today and has spent the past 19 years in prison… https://www.politico.com/blogs/politico44/2013/12/obama-commuted-sentence-of-deval-patrick-kin-179958 President Obama reduces sentence of Gangster Disciples ‘governor’ (1/17/17 just before he exited!) Obama on Tuesday reduced the 44-year-old Wilson’s life sentence for engaging in drug dealing with six others to 35 years in prison… https://www.chicagotribune.com/news/breaking/ct-obama-reduces-gangster-disciples-sentence-20170118-story.html Michelle Obama reveals she is ‘terrified’ about potential results of the 2024 election https://www.usatoday.com/story/news/politics/elections/2024/01/08/michelle-obama-terrified-2024-election/72153207007/ If Trump wins, the Obamas have beaucoup reasons to be terrified. Invoices from lawyer ‘lover’ hired by Fani Willis (Fulton County DA) to prosecute Donald Trump in election interference case show he had TWO 8-hour meetings with the Biden White House counsel https://trib.al/hEDSsCP Select Subcommittee on the Coronavirus Pandemic @COVIDSelect: Dr. Fauci claimed he “did not recall” pertinent COVID-19 information or conversations more than 100 times. Dr. Fauci profusely defended his previous testimony where he stated @NIH does not fund gain-of-function research in Wuhan. Today, he repeatedly played semantics with the definition of gain-of-function in an attempt to avoid conceding that NIH funded this dangerous research. Dr. Fauci testified that he signed off on every foreign and domestic NIAID grant without reviewing the proposals. A 2020 email, previously released by the Select Subcommittee, proved Dr. Fauci was aware of dangerous gain-of-function research occurring in Wuhan, China. Today, he backtracked by arguing he should not have stated that as “fact.”… https://twitter.com/COVIDSelect/status/1744553493715656722 Fauci flip flops during Congress grilling: Ex-White House doctor ducks more than 100 questions about Covid and admits he approved risky Wuhan coronavirus research proposal without reading it https://t.co/FkZfbAGbbs @biello_joseph: Why is Fauci’s testimony not the top story in all MSM?…. we know the answer to that. @RedWingGrips: Fauci collected $5 million for his memoir. Hillary collected $8 million for her memoir. Jim Comey collected $3 million for his memoir. That’s $16 million for the memories of 3 people, who for years, repeatedly testified under oath that they couldn’t remember anything at all. Fox’s @BillMelugin_: Per three Border Patrol sources who were in the room, while meeting privately with agents in Eagle Pass, TX today, DHS Sec. Mayorkas admitted that the current release rate for migrants caught crossing the border illegally is “above 85%”. I’m awaiting comment from DHS. @JonathanTurley: Former Speaker Nancy Pelosi declined to answer if Trump should be disqualified under the 14th Amendment and said that different states have different laws. That is obviously wrong. This issue turns on the interpretation of the Constitution not state law. Hardly a profile of courage. As with President Biden, Pelosi refused to do as principled Democrats have done in denouncing this antidemocratic effort. When history called for people of good faith to stand up, some shrugged and walked away. (Dems are iterating increasingly stupid and outrageous stuff.) @stillgray: Nikki Haley continues to embarrass herself. Nikki Haley: I never once said the retirement age is way too low. Bret Baier: Wait a minute. In a Bloomberg interview you said the retirement age needs to be raised. Nikki Haley: Yes. https://twitter.com/stillgray/status/1744587360862691500 Hunter Biden’s artwork was purchased by Democratic donors, ethics agreement a sham, Comer says https://justthenews.com/accountability/political-ethics/hunter-bidens-artwork-was-purchased-democratic-donors-ethics ‘Woke’ CBS News president got job despite HR probe over bias accusations, sidelining white journalists: sources https://trib.al/D9h4ea4 | |
GREG HUNTER INTERVIEWING DR MERYL NASS
Disaster If WHO Gets Total Medical Control – Dr. Meryl Nass
By Greg Hunter On January 9, 2024 In Political AnalysisNo Comments
By Greg Hunter’s USAWatchdog.com
Dr. Meryl Nass is an expert on vaccines. She has testified to Congress many times. Dr. Nass warned about the dangers of the CV19 vax. Massive amounts of deaths and disabilities have been documented around the world caused by what many doctors say are simply bioweapon injections. Early on, Dr. Nass was a proponent of treating Covid with Ivermectin and Hydroxychloroquine with outstanding results for her patients. For this, her medical license was suspended in the State of Maine two years ago. This did not stop Dr. Nass from fighting to get the word out about the evil being caused by the CV19 shots. Just when you think it’s over, and we can all get back to normal, Dr. Nass warns of an eviler global plan to take control of your healthcare (and life) in the next pandemic. The UN and the WHO are wanting to do this by May of 2024. Dr. Nass explains, “The WHO is an agency under the UN. One document, that has never existed before, is called a ‘Pandemic Treaty’ and they are drafting it now. The other is an ordinary document called ‘International Health Regulations.’. . . . What has happened is they want to use this document and amend it massively. They want to completely change what the document is about, and have it become orders that all the nations of the world will have to obey. The person giving the orders is the Director General of the WHO. This director can declare a pandemic under any circumstances he likes. . . . It gives the Director General of the WHO enormous power to dictate healthcare to anyone around the world. . . . They want the ability to mandate vaccines on you in the future for pandemics that they declare at will with no standard for what this entails. They want the right to withhold drugs and to shut your doctor up. So, WHO Director General Tedros, who does not have a medical degree, would become the world’s doctor.”
Dr. Nass goes on to warn, if the WHO gets this power, it can force you to take any vaccine it wants to give. People harmed or killed would have no recourse because everyone involved would be granted a liability shield. Also, Nass contends the WHO would have the right to censor anyone in any nation who is giving an alternative view to the vaccine or treatment options used for the next pandemic. In short, no free speech will be allowed that is not an approved UN narrative.
The next pandemic will have more vaccines sped through the development process with no animal trials. Instead of a vaccine taking more than 10 years to develop, they want a new vaccine in four months. That’s right, four months!!! Dr. Nass (again, an expert on vaccines) warns, “The FDA did give some of these CV19 vaccines a license, but not using any of their normal standards. This was a disaster. What they want to do next time is create a vaccine in 100 days and roll it out to the entire population in 130 days. Four months and a week, and they want to roll out the next vaccine to the entire world. That is completely crazy. There would be no way to assess if it worked or how safe it was in 130 days. That is the plan. That is the WHO plan and the US government, the G-7, the G-20, the EU and they have all said they want a 100 day vaccine. They have also put in all these documents to have a system in place to take liability away from the manufactures. . . . You have no way to sue the WHO either. They are completely unaccountable to the public.”
Dr. Nass adds that the federal government and the Biden Administration does not have the right to oversee healthcare. Healthcare belongs to the states to oversee, and Dr. Nass says this is where the WHO can be stopped for their “disastrous” plans.
There is much more in the 46-minute interview.
Join Greg Hunter of USAWatchdog.com as he talks to vaccine expert Dr. Meryl Nass about the total control the UN and WHO want in the next pandemic that is surely coming for 1.9.24.
(To donate to USAWatchdog.com Click Here)
After the interview:
You can follow the work of Dr. Nass by going to here website called DoortoFreedom.org. It is a (UN) WHO-fighting website. Door to Freedom is tax-exempt 501c3 non-profit, and you can donate by clicking here.
You can also see Dr, Nass at her Substack at merylnass.substack.com. Dr. Nass says she produces posts nearly every day.
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