“All You Need To Do Is Own Gold and Silver” To Make Money In 2020
AT THE OPEN: STOCKS AND CRUDE DROP.. Important Updates. MannarinoThe Great American Shale Oil & Gas Bust: Fracking Gushes Bankruptcies, Defaulted Debt, and Worthless SharesTexas at the epicenter. We’re witnessing the destruction of money that loosey-goosey monetary policies encouraged. Following the sharp re-drop in oil and natural gas prices in late 2018, bankruptcy filings in the US by already weakened exploration and production companies , oilfield services companies, and “midstream” companies (they gather, transport, process, or store oil and natural gas) jumped by 51% in 2019, to 65 filings, according to data compiled by law firm Haynes and Boone. This brought the total of the Great American Shale Oil & Gas Bust since 2015 in these three sectors to 402 bankruptcy filings.
“There’s two purposes of money, a medium of exchange and a store hold of wealth, and Bitcoin is not effective in either of those cases now.”
WTI Bounces Off $55 After Small Crude Draw
Ongoing major builds in products continued with the 11th weekly gasoline inventory rise but crude and distillates surprised with small draws...
ECB Keeps Rates, QE Unchanged; Launches First Strategy Review In 17 Years
The Governing Council also announced that it would launch the first review of its monetary policy strategy for the first time since 2003 in a rethink after years of radical monetary stimulus struggled to revive inflation
The debt involved in these bankruptcies in 2019 doubled from 2018 to $35 billion. This pushed the total debt listed in these bankruptcy filings since 2015 to $207 billion. The chart below shows the cumulative total debt involved in these bankruptcies since 2015.
But this does not include the much larger losses suffered by shareholders that get mostly wiped out in the years before the bankruptcy as the shares descend into worthlessness, and that then may get finished off in bankruptcy court. The banks, which generally had the best collateral, took the smallest losses; bondholders took bigger losses, with unsecured bondholders taking the biggest losses. Some of them lost most of their investment; others got high-and-tight haircuts; others held debt that was converted to equity in the restructured companies, some of which soon became worthless again when the company filed for bankruptcy a second time. The old shareholders took the biggest losses... https://wolfstreet.com/2020/01/22/the-great-american-shale-oil-gas-bust-fracking-gushes-bankruptcies-defaulted-debt-and-worthless-shares/
World needs to prepare for ‘millions’ of climate displaced: U.N.
The world needs to prepare for millions of people being driven from their homes by the impact of climate change, the United Nations High Commissioner for Refugees said on Tuesday.
Wild animals sold at seafood market blamed for viral outbreak in China
With the cause of the viral outbreak in Wuhan, China, being identified as human exposure to wild animals, there have been shocking revelations about the wide variety of animal meat at a local seafood market — where the new coronavirus is believed to have originated. A photo circulating on Chinese social media platform Weibo appears to show a price list of animal meat available at a stall at the Wunan Seafood Wholesale Market, which has been indefinitely shut down since Jan. 1 for disinfection and investigation into the source of 2019-nCoV, the novel coronavirus behind the pneumonia outbreak... https://www.taiwannews.com.tw/en/news/3863041
Health officials fear the transmission rate will accelerate as hundreds of millions of Chinese travel at home and abroad during week-long holidays for the Lunar New Year, which begins on Saturday. The previously unknown virus strain is believed to have emerged late last year from illegally traded wildlife at an animal market in the central Chinese city of Wuhan.
China Quarantines City Of 11 Million As Hong Kong Confirms Second Case Of Coronavirus
Chinese authorities have reportedly suspended all outbound air and train travel from the city, expanding on their edict that nobody leave, and nobody enter, the city in central China, which has a population of 11 million people, making it larger than New York City.
Meet the Chinese robot worm that could crawl into your brainAccording to an ancient southern Chinese form of black magic known as Gu a small poisonous creature similar to a worm could be grown in a pot and used to control a person’s mind. Now a team of researchers in Shenzhen have created a robot worm that could enter the human body, move along blood vessels and hook up to the neurons.“In a way it is similar to Gu,” said Xu Tiantian, a lead scientist for the project at the Shenzhen Institutes of Advanced Technology, Chinese Academy of Sciences“But our purpose is not developing a biological weapon. It’s the opposite,” she addedIn recent years, science labs around the world have produced many micro-bots but mostly they were only capable of performing some simple tasks.
OPCW INVESTIGATOR TESTIFIES AT UN THAT NO CHEMICAL ATTACK TOOK PLACE IN DOUMA, SYRIAGunmen in Iran shot dead a commander of the hardline Basij militia who was an ally of Qassem Soleimani, the senior Revolutionary Guards commander killed in a US drone strike in Iraq, Reuters reported on Wednesday, citing Iran’s official news agency IRNA.The formation of a new government in Lebanon after months of political deadlock is unlikely to quell continuing protests, analysts say. The new government, which consists of 20 ministers, is led by the newly-appointed Prime Minister Hassan Diab, who has been the frontrunner for the position for weeks.The Trump administration has urged Israel to hold back from unilaterally annexing the Jordan Valley, recommending that Prime Minister Benjamin Netanyahu wait for the US peace plan instead. Netanyahu has spoken of Jordan Valley annexation since the summer, and it has been presumed that the Trump administration would support such a move or at the very least not oppose it.BOKO HARAM EXECUTES BRETHREN PASTOR IN NORTHEAST NIGERIA CHRISTIAN LEADER IN ADAMAWA STATE SOUGHT RESCUE BUT ENTRUSTED HIS FATE TO GOD.
But a series of videos released by the team alongside a study in Advanced Functional Materials earlier this month show that the tiny intelligent robots – which they dubbed iRobots – can hop over a hurdle, swim through a tube or squeeze through a gap half its body width.The 1mm by 3mm robotic worms are not powered by computer chips or batteries, but by an external magnetic field generator... https://www.scmp.com/news/china/science/article/3046846/meet-chinese-robot-worm-could-crawl-your-brain (This sounds like the new auto-immune treatment for cancer)
Altering Human Genetics Through Vaccinations
Just as a few Big Tech companies control media exposure on the earth, so to will a few Big Pharma companies control the genetic future of planetary citizens. Technocrats are outside of all ethical and moral bounds, bent on the ‘science of social engineering.” ⁃ TN Editor... https://www.technocracy.news/altering-human-genetics-through-vaccinations/