Here we go- Germany is beginning a universal-basic-income trial with people getting $1,400 a month for 3 years

Starting this week, 120 Germans will receive a form of universal basic income every month for three years. The volunteers will get monthly payments of €1,200, or about $1,400, as part of a study testing a universal basic income. The study will compare the experiences of the 120 volunteers with 1,380 people who do not … Read more

Global Forest Fire Triggers Major Wealth Transfer

by Egon von Greyerz Egon von Greyerz predicts an economic destruction of markets and asset values and a major wealth transfer and tell’s The Capital Network’s Executive Director Lelde Smits who stands to loose and gain the most. Egon von Greyerz specialises in wealth management and wealth preservation for high net worth individuals. He’s the … Read more

CONFIRMED: Chinese Communist Newspaper Endorses Joe Biden – “Joe Biden Is Smoother to Deal with than Donald Trump”

The Global Times is a daily tabloid newspaper and voice of the Chinese Communist Party in Beijing. On Thursday (China time), on the same day as Joe Biden’s much anticipated Democrat Party convention speech, the Chinese Communist newspaper endorsed Joe Biden for President of the United States. The Global Times says Joe Biden may reactivate the job-killing TPP and … Read more

2nd lockdown in germany fixed

Its in german…bottom line a planned shutdown by end of august was preplanned and communicated down to local community councils in secret meetings… this whistleblower comes forward – suggesting to stock up on food… https://www.kla.tv/17014?dont_use_this=true a 2nd witness account of this coming 2nd lock-down is available… https://www.kla.tv/2020-08-18/17045&dont_use_this=true     AC

California calls State of Emergency. Historic 16,327 lightning strikes Aug 15-18 starts 367 new wild fires

Californians put on alert to evacuate at moment’s notice amid wildfire crisis A “historic lightning siege” triggered more than 367 new fires, Jeremy Rahn, a spokesperson for the California Department of Forestry and Fire Protection (CalFire), said at a news conference on Wednesday afternoon. A total of 16,327 lightning strikes were reported in the California … Read more

Steve Bannon arrested

Investigators allege that the group of conservative leaders defrauded donors and that led to raising “more than $25 million to build a wall along the southern border of the United States,” according to the press release. The campaign was intended to raise money to help President Donald Trump fulfill a campaign promise of building a … Read more

“DON’T UNDERESTIMATE JOE’S ABILITY TO F**K THINGS UP:” Multimillionaire Obamas Haven’t Donated to Joe Biden’s Campaign.

Barack H. Obama and his wife Michelle became fabulously wealthy after leaving the White House in 2017. For whatever reason, they haven’t given a single dollar of their massive fortune to Joe Biden’s presidential campaign. President Obama has hosted virtual fundraisers for his former running mate and urged Democrats to give “any amount you can” … Read more

Gold price drops 3%, dollar rises after Fed minutes push back on yield curve control program

by confoundedinterest17 (Bloomberg) — U.S. central bankers backed off in July from an earlier readiness to set a clearer bar for raising interest rates, a step that would underscore their commitment to an extended period of ultra-loose monetary policy. “With regard to the outlook for monetary policy beyond this meeting, a number of participants noted that providing greater clarity … Read more

Cleanup On Constitution Avenue? A $1 Trillion Glut of Bonds Is Dwarfing Central-Bank Demand

by confoundedinterest17 The world’s major central banks aren’t purchasing debt fast enough, leaving almost $1 trillion of new sovereign bonds looking for buyers in the months ahead. The flood of fresh debt, sold by governments to fund pandemic-rescue packages, threatens to dwarf central-bank buying and swamp markets in many countries, according to Bloomberg calculations. By contrast, most of … Read more

Believing In King$ About To End If This Breaks?

by Kimble Charting Is King$ about to experience a dual breakdown of support? If so, will the world no longer believe in the US$? This chart looks at the U.S. Dollar over the past 22-years on a weekly basis. The 92 zone, which is line (1), has been support and resistance several times over the past couple … Read more