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  Harry Dent is predicting again
Posted by: aqua - Yesterday, 06:31 PM - Forum: Markets, Money & Investing - No Replies


"The cyclical bull market for equities is over; after December, stocks will begin a secular multi-year decline, starting with a 40% correction by April, said Harry Dent, founder of HS Dent.

"If we see another new low in the stock market, I predict we are not going to see new highs on the Dow, S&P, NASDAQ, biotech, you pick anything...you're not going to see new highs on anything for decades," Dent said. “You didn’t see new highs after 1929 for 24 years.”

The economic recovery has run its course, and the equities markets will soon realize this, Dent said.
“There’s a lot that’s not going to come back, I think we’ve hit the V-shaped recovery for 80% of the economy that did not get permanently damaged, but there’s this other 15%-20% that’s not coming back,” he said.
Consumer spending will also remain weak as the baby boomers enter their retirement years.

“The millennial generation will drive us up from 2023 forward but not until then, so still weakness in demographics, massive debt. I say we don’t ever fully recover from this and by early next year we realize that,” he said.

“It’s a reset for the greatest financial bubble in history, partially caused by a good economy at first, like the roaring 20s, but greatly goosed up central banks,” he said.

The trigger for this crash is more bankruptcies, Dent noted.

“This COVID thing hit early this year…I give that a nine to 12 month lag before you really feel the small businesses and zombie companies [fail]. They don’t go down overnight. Stocks can go down overnight like they did, but bankruptcies and Chapter Sevens and Elevens take time. I think by the first quarter you’re going to see more companies going under and that’s going to be the trigger,” he said."

The next stock market crash will not simply rebound like the selloff of March, 2020, Dent added".

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  Trump Plans a War
Posted by: aqua - Yesterday, 05:00 PM - Forum: Politics - No Replies

Angry Angry  Well.  Seems like just yesterday I was reading one of Andy's posts about what a peace loving dove Trump was, and how Biden was bringing back the War Hawks.

Sad  Oh, wait.  That was yesterday.


[Image: thehill-logo-big.png]
Israeli military instructed to prepare for Trump strike on Iran: report
By Ellen Mitchell - 11/25/20 11:44 AM EST 1,749

Israel's military is preparing for the possibility that the Trump administration will launch a military strike against Iran, Axios reported on Wednesday.

"Senior Israeli officials told the outlet that the Israeli government instructed military commanders to prepare for a potential strike during the “very sensitive period” between now and when President-elect Joe Biden takes office on Jan. 20.

Israel is reportedly making preparations with the expectation that they would receive advance notice from the U.S. regarding any military action, but with concerns that such notification might come too close to the attack.

Israel is also preparing for the possibility of a retaliatory strike by Iran, either directly or through proxies in nearby countries.

The New York Times reported last week that President Trump was considering a military strike against Iran in an attempt to stop Tehran's growing nuclear program. The International Atomic Energy Agency a day earlier had reported that the country’s uranium stockpile was 12-times larger than allowed under the Obama-era nuclear deal that the Trump administration withdrew from in 2018.

Trump reportedly held a meeting Thursday in the Oval Office to discuss his options, but Vice President Pence, Secretary of State Mike Pompeo, acting Secretary of Defense Christopher Miller and Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, dissuaded him against such actions.

Israeli Defense Minister Benny Gantz has spoken twice over the past two weeks with Miller to discuss Iran, Syria and defense cooperation.

On Sunday, Israeli Prime Minister Benjamin Netanyahu met in Saudi Arabia with Saudi Crown Prince Mohammed bin Salman. The main topic of conversation was Iran, Israeli officials told Axios.

State Department officials, meanwhile, told reporters that “all options are on the table” regarding Iran......"

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  The return of the war hawks
Posted by: andrew_o - Yesterday, 12:08 AM - Forum: Politics - Replies (3)

I said it a few months ago and here we are:


[font=Cardo, Georgia, "Times New Roman", serif]Biden and the return of the war hawks[/font]

[font=Cardo, Georgia, "Times New Roman", serif]His national-security picks herald a return to the bloody interventionism of the pre-Trump years.[/font]

[font=Cardo, Georgia, "Times New Roman", serif][font=Cardo, Georgia, "Times New Roman", serif]Much of the political and media class has taken a predictably soft-soap approach to president-elect Joe Biden’s national-security appointments. There’s none of the derangement that greeted [/font][font=Cardo, Georgia, "Times New Roman", serif]Trump[/font][font=Cardo, Georgia, "Times New Roman", serif]’s every keystroke. None of the animus that met his every appearance. And, above all, none of the scrutiny either. If Trump sent them mad, Biden sends them to sleep, smiling.[/font][/font]

[font=Cardo, Georgia, "Times New Roman", serif][font=Cardo, Georgia, "Times New Roman", serif][font=Cardo, Georgia, "Times New Roman", serif]In fact, given some of the lazy, [/font][font=Cardo, Georgia, "Times New Roman", serif]gushing[/font][font=Cardo, Georgia, "Times New Roman", serif] accounts of those expected to lead the world’s most powerful nation, you’d barely know Biden’s foreign-policy team were politicians. Antony Blinken, Biden’s nominee for secretary of state, we’re [/font][font=Cardo, Georgia, "Times New Roman", serif]told[/font][font=Cardo, Georgia, "Times New Roman", serif], is ‘respectful and refined’, has a close group of friends and plays in a band. A swell guy all round. Then there’s Hillary Clinton favourite Jake Sullivan, Biden’s national security adviser-designate, who, at 43, will be the youngest ever to hold that position. Which is cute. Or Linda Thomas-Greenfield, Biden’s choice for US ambassador to the United Nations, who promises ‘to lead with the power of kindness and compassion to make the world a better place’. Or Avril Haines, the prospective director of national intelligence, who, we’re [/font][font=Cardo, Georgia, "Times New Roman", serif]informed[/font][font=Cardo, Georgia, "Times New Roman", serif], is a brown belt in judo, a community-bookstore owner and, according to a colleague quoted by the [/font][font=Cardo, Georgia, "Times New Roman", serif]New York Times[/font][font=Cardo, Georgia, "Times New Roman", serif], just the ‘nicest person’.[/font][/font][/font]

[font=Cardo, Georgia, "Times New Roman", serif][font=Cardo, Georgia, "Times New Roman", serif][font=Cardo, Georgia, "Times New Roman", serif][font=Cardo, Georgia, "Times New Roman", serif]Really? The ‘nicest person’? Is this the same Avril Haines who, first as a legal adviser to the Obama administration, and later as deputy CIA director and deputy national security adviser, played a central role in the massive expansion of US drone warfare? The same Avril Haines who, upon leaving office, was made a principal at WestExec Advisors – a ‘strategic consultancy’, co-founded, as it happens, by Blinken and rumoured pick for defense secretary Michèle Flournoy, and which brokered relations and contracts between the state defence sector and private contractors to stunningly lucrative effect?[/font][/font][/font][/font]

[font=Cardo, Georgia, "Times New Roman", serif][font=Cardo, Georgia, "Times New Roman", serif][font=Cardo, Georgia, "Times New Roman", serif][font=Cardo, Georgia, "Times New Roman", serif]You wouldn’t necessarily know that because the fawning profiles of Haines and other members of Biden’s foreign-policy brains trust choose to focus instead on their hobbies, their gender and, where achingly appropriate, their race. But they shouldn’t. Because what unites all of Biden’s appointments is that they have already served under Democratic presidents. They therefore have substantial existing records on which they ought to be held to account. And records which hint at the ominously hawkish redirection of US foreign policy we can expect under Biden.
Take Blinken who, as secretary of state, will occupy one of the most powerful political positions in the world. He served in the Clinton White House as a senior director of the national security council and foreign-policy speechwriter. He then worked alongside Biden for almost two decades, pushing him to support the Iraq War, and then personally lobbying for the catastrophic intervention in Libya in 2011 and faulting the US involvement in Syria for not being forceful enough. Unsurprisingly, given his war-hawkery, he was full-square behind Saudia Arabia’s devastating war in Yemen, proudly telling reporters in 2015 that ‘Saudi Arabia is sending a strong message to the Houthis and their allies that they cannot overrun Yemen by force. As part of that effort, we have expedited weapons deliveries, we have increased our intelligence sharing, and we have established a joint coordination planning cell in the Saudi operation centre.’[/font]

[font=Cardo, Georgia, "Times New Roman", serif]He eventually backtracked on his commitment to the Saudi attack on Yemen in 2018 (albeit after the UN began talking of Saudi war crimes), but there seems little doubt that his commitment to liberal interventionism remains. Last year, he co-authored a piece with Robert Kagan, in which he criticised Trump’s America First-style retreat from global leadership. Invoking the cliched spectre of the Nazis’ untrammelled rise during the 1930s to justify pre-emptive interventionism, he said America’s next president should ‘prevent crises or contain them before they spiral out of control’, using ‘active diplomacy and military deterrence’. He also specifically mentioned the US intervention in Syria , saying ‘we rightly sought to avoid another Iraq by not doing too much, but we made the opposite error of doing too little’, which is another way of saying we must do more. And just to up the ante, Blinken is said to be more hawkish on Russia than he was even in 2017, when he left office.
Blinken’s partner in crime, national security adviser Jake Sullivan, may be young, but his hands are still pretty dirty. Originally an adviser to Hillary Clinton in the 2000s, he became a director of policy planning when she became secretary of state in 2009, and then, after Clinton stepped down, he bedded down with Biden as his security aide in February 2013. He has been accused of being ‘the man behind hawkish Hillary Clinton’s foreign policy’. And it’s true that he does seem to be particularly gung-ho, urging the US in 2012 to send more arms to the Syrian insurgency then led by, er, al-Qaeda. As Ben Rhodes, a then deputy national security adviser to Obama, put it in 2015, ‘On the spectrum of people in our administration, he tended to favour more assertive US engagement on issues’ and ‘responses that would incorporate some military element’. Which is one way of describing aerial bombardments, drone strikes and arming jihadists.[/font]


[font=Cardo, Georgia, "Times New Roman", serif][font=Cardo, Georgia, "Times New Roman", serif][font=Cardo, Georgia, "Times New Roman", serif][font=Cardo, Georgia, "Times New Roman", serif]Of course, not all Democrats are desperate to revive the bloody liberal interventionism that shaped the US’s post-Cold War approach to international relations. Indeed, as Foreign Policy reports, some Democrats have asked for Haines and Blinken to ‘account for perceived past foreign-policy mistakes, including US policy in Yemen, Libya, Syria, and with regards to Saudi arms sales’.
Yet, with the decidedly hawkish Blinken, Sullivan, Haines and potentially Flournoy all occupying key national-security positions, and Biden himself seemingly keen on re-animating some nebulous notion of global leadership, one can certainly expect a more assertive and potentially destructive America from now on. Indeed, Biden, with Blinken whispering in his ear, has repeatedly talked of taking on Russia, calling it an ‘opponent’ of the US on the campaign trail, and later stating, in a barely veiled allusion to Putin, that he was going to ‘make it clear to our adversaries the days of cosying up to dictators are over’.[/font]

[font=Cardo, Georgia, "Times New Roman", serif]And, picking up where Obama and, to an extent, Trump left off, a Biden administration is also expected to take on China. As Blinken stated earlier this year, the US would look to work with ‘like-minded countries’ to form an alliance against China. It’s a lot harder, he said, for China ‘to ignore 60 per per cent of the world’s GDP than it is to ignore a quarter of it’.[/font]

[font=Cardo, Georgia, "Times New Roman", serif]Indeed, the US looks set to re-stake its claim for global leadership everywhere, from North Africa to the Far and the Middle East. No doubt this latest imperial iteration will be greener and more woke, but its effects will be just as destructive and disempowering as ever.[/font]


Still not getting the font thing right SN

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  Blood group O negative least likely to suffer Covid19.
Posted by: silverfish - 11-25-2020, 08:21 PM - Forum: Misc - Replies (1)


It sounds like a respectable study, showing that blood group O and rhesus negative make you less likely to suffer from Covid19.

Though the vast majority of people suffer no ill effects from Covid19 whatever their blood group, and it mostly seems to affect people who are already ill with something else.

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  Biden attacks Brexit
Posted by: andrew_o - 11-25-2020, 06:49 PM - Forum: Politics - Replies (5)

Biden inserting himself into the Brexit negotiations.

One can just imagine who is pulling his chain on this - Soros?

Biden is against borders, or so it seems.

A very dangerous man

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  The OAN Video Banned by Youtube Google
Posted by: StingingNettle - 11-25-2020, 05:47 PM - Forum: Politics - Replies (1)


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Photo Where the inflation is today
Posted by: DaveGillie - 11-25-2020, 03:21 PM - Forum: Markets, Money & Investing - Replies (2)

So TRILLIONS of fiat $'s dumped on us as production of (most) of the goods we make in exchange for those dollars drops.........
[Image: US-CPI-Cleveland-Fed-median-CPI-2020-05-12-Core-CPI.png]

OFFICIAL Stats show nothing much, still.
I buy many thousands of items WEEKLY for my business and see not much issue yet.

occasional items and anecdotes don't really count. I know you all will point out SOME items but let's study this and try to predict the future.

Even tho in my day to day price observations I don't see inflation.

in SOME areas I see dramatic price increases: such as
1. STOCK Prices
2. Crypto currency prices
3. Precious metals
4. Building materials

IS THIS the "at first inflation is seen as good"?
(as investments and the well off, suck up all that excess cash)

WHERE will the money (inflation) go NEXT?

OR will we just plain not have inflation because the 70% of GDP that is WAGES will continue to be decreasing so much it eats all the money supply increases????????????
[Image: united-states-wage-growth.png?s=unitedst...0V20200908]

of course then there's that idea of mine that inflation is hidden because of tech improvements that would have otherwise given us dramatically cheaper prices, instead, only get covered up by pinpointed inflation.

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  Covid-19 was in Italy by Sept. 2019
Posted by: aqua - 11-25-2020, 02:49 PM - Forum: Misc - Replies (13)

Confused Confused Confused   Maybe Trump's "China Virus" is really the "Italian Virus" ? ?

When Did the Coronavirus Reach Europe? | The People's Pharmacy

"Antibodies to SARS-CoV-2 were found in blood samples dating to September, 2019. The virus must have been able to reach Europe earlier.

The first time anyone in the world heard about SARS-CoV-2, the virus that causes COVID-19, was late December, 2019. That’s when doctors in Wuhan, China, reported numerous patients had become ill with a disease that acted like SARS. But a fascinating report from Italian scientists strongly suggests that the virus was already circulating in Europe months before that. When did it reach Europe, and how do we know?

Study Shows Antibodies Earlier Than Expected:

Researchers at Italy’s National Cancer Institute in Milan produced these unexpected findings (Tumori Journal, Nov. 11, 2020). They used blood samples collected for a different purpose. Doctors analyzed samples from 959 asymptomatic individuals. These blood samples, taken between September 2019 and March 2020, were part of a lung cancer screening study."

When the researchers tested these samples for SARS-CoV-2 antibodies, they found a relatively high rate of positive results, 11.6 percent. In examining the positive samples, they traced more than half of them to the northern Italian region of Lombardy. That’s where COVID-19 hit especially hard last spring.

Surprisingly, some patients already carried antibodies to this virus by early September. They could have developed these only through viral exposure at least a few weeks prior to that. Consequently, we must conclude that the virus was able to reach Europe even before it was reported in China. 
According to the investigators, 

Quote:“Finding SARS-CoV-2 antibodies in asymptomatic people before the COVID-19 outbreak in Italy may reshape the history of pandemic.”
Not the First Sign That the Coronavirus Could Reach Europe in 2019:
Doctors diagnosed the first Italian patient known to have COVID-19 on February 20, 2020, in Codogno, a town near Milan. French researchers previously reported that a Parisian had antibodies in December, 2019. They do not know how he contracted the infection, since he had not traveled to China. In addition, he had not visited with people who had recently come from that country."

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  Excess Iron in diets linked to diseases
Posted by: aqua - 11-25-2020, 02:29 PM - Forum: Misc - Replies (6)

Confused  Excess iron in the diet is being linked to diseases like Alzheimers.

Iron neurochemistry in Alzheimer's disease and Parkinson's disease: targets for therapeutics - Belaidi - 2016 - Journal of Neurochemistry - Wiley Online Library



"Brain iron homeostasis is increasingly recognized as a potential target for the development of drug therapies for aging‐related disorders. Dysregulation of iron metabolism associated with cellular damage and oxidative stress is reported as a common event in several neurodegenerative disorders such as Alzheimer′s, Parkinson′s, and Huntington′s diseases. Indeed, many proteins initially characterized in those diseases such as amyloid‐β protein, α‐synuclein, and huntingtin have been linked to iron neurochemistry. Iron plays a crucial role in maintaining normal physiological functions in the brain through its participation in many cellular functions such as mitochondrial respiration, myelin synthesis, and neurotransmitter synthesis and metabolism. However, excess iron is a potent source of oxidative damage through radical formation and because of the lack of a body‐wide export system, a tight regulation of its uptake, transport and storage is crucial in fulfilling cellular functions while keeping its level below the toxicity threshold. In this review, we discuss the current knowledge on iron homeostasis in the brain and explore how alterations in brain iron metabolism affect neuronal function with emphasis on iron dysregulation in Alzheimer′s and Parkinson′s diseases. Finally, we discuss recent findings implicating iron as a diagnostic and therapeutic target for Alzheimer's and Parkinson's diseases.

Iron plays a fundamental role in maintaining the high metabolic and energetic requirements of the brain. However, iron has to be maintained in a delicate balance as both iron overload and iron deficiency are detrimental to the brain and can trigger neurodegeneration. Here, we discuss the current knowledge on brain iron homeostasis and its involvement in major aging‐related neurodegenerative diseases."

This article is part of a special issue on Parkinson disease.

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  DOW closes above 30,000 today
Posted by: aqua - 11-24-2020, 11:10 PM - Forum: Markets, Money & Investing - Replies (2)

Dow closed above 30,000 today.

Silver: $23.29 [Image: up.gif] 0.00 

Gold: $1808.31 [Image: up.gif] 0.1


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