As The Fed has tightened monetary policy at its most aggressive pace in over 40 years, real rates in the US have soared (back into strong positive territory). Historically, that has reduced demand for gold (zero carry) but as the chart below, gold - while notably off its highs - has not cratered as much as some might have expected...
Despite Jamie Dimon's infamous condescension of crypto, banking giant JPMorgan just executed its first-ever cross-border transaction using decentralized finance (DeFi) on a public blockchain.
As Cointelegraph reports, the trade was facilitated by the Monetary Authority of Singapore’s (MAS) Project Guardian on Nov. 2 - which was established as part of a pilot program to “explore potential decentralized finance (DeFi) applications in wholesale funding markets.”
Bloomberg reports that JPMorgan issued tokenized S$100,000 ($71,000) and then traded it for tokenized yen with Tokyo-based banking firm SBI Digital Asset Holdings.
Singapore’s largest bank - DBS Bank, and business leadership platform Oliver Wyman Forum also took part in the pilot program.
“Today was the first step to show that we can actually trade on these public networks,” said Tyrone Lobban, head of Blockchain Launch and Onyx Digital Assets at JPMorgan, in an interview.
In an appalling and historic act of national security malfeasance, U.S. government officials formulated policies, which allowed China to “colonize” every component of America’s research and development program, including the military.
"Here we go again," Ted Muelhaupt, a reentry and debris expert at The Aerospace Corporation, told reporters at a press briefing Wednesday. For the fourth time, China's Long March 5B core stage will make an uncontrolled reentry into Earth's atmosphere on Friday.
The Aerospace Corporation's latest update on the predicted reentry time of the Long March 5B core stage is for Friday at 1356 ET (early afternoon):
"Our latest prediction for rocket body reentry is: 04 Nov 2022 17:56 UTC ± 6 hours Reentry will be along one of the ground tracks shown here. It is still too early to determine a meaningful debris footprint."
In October, Steve Bannon shared during his sit-down interview with OANN New York correspondent Caitlin Sinclair that he had been informed by reliable sources that Twitter had offered Elon Musk a price cut in exchange for his commitment to two conditions.
So it turns out the US intelligence cartel has been working intimately with online platforms to regulate the “cognitive infrastructure” of the population.
This is according to a new investigative report by The Intercept, based on documents obtained through leaks and an ongoing lawsuit, on the “retooling” of the Department of Homeland Security from an agency focused on counterterrorism to one increasingly focused on fighting “misinformation, disinformation, and malinformation” online.
While the DHS’s hotly controversial “Disinformation Governance Board” was shut down in response to public outcry, the Intercept report reveals what authors Lee Fang and Ken Klippenstein describe as “an expansive effort by the agency to influence tech platforms” in order to “curb speech it considers dangerous”:
According to a draft copy of DHS’s Quadrennial Homeland Security Review, DHS’s capstone report outlining the department’s strategy and priorities in the coming years, the department plans to target “inaccurate information” on a wide range of topics, including “the origins of the COVID-19 pandemic and the efficacy of COVID-19 vaccines, racial justice, U.S. withdrawal from Afghanistan, and the nature of U.S. support to Ukraine.”
“U.S. Immigration and Customs Enforcement (ICE) lodged an immigration detainer on Canadian national David DePape with San Francisco County Jail, Nov. 1, following his Oct. 28 arrest,” the Department of Homeland Security (DHS) told The Epoch Times in an email.
DHS is the parent agency of ICE, which is tasked with removing people who are in the United States illegally.
Immigration detainers are placed on suspects who are illegal immigrants. They are meant to prevent state or local officials from releasing the suspects.
If a suspect is due to be released, the detainer means officials hand over the person to federal officials, unless local officials defy the request.
The number of billionaire donors to the GOP has been rapidly increasing vs. previous midterm election cycles - dwarfing the amount Democrats have received from their own Democrat donors (and which is largely due to George Soros).
In an article out today, I explain why yesterday’s press conference from the Fed all but assures me that markets (and the economy) will be in for turmoil in the coming weeks and months.
At his press conference yesterday, Powell made several hawkish sounding statements to the market and investors, indicating that the central bank would be steadfast and its resolve to continue raising rates even if those rate hikes were smaller than expected.
The Dossier has obtained the “digital tool” that at least one branch of the U.S. military has been using to mass-deny soldiers who apply for an exemption to the Pentagon’s unlawful Covid-19 injection mandate.
This system, known as the "Religious Accommodations Appeal Generator" (RAGG), has been used by the Coast Guard to strike down nearly 99% of exemption requests, utilized specifically to enforce the Pentagon’s unlawful mRNA mandate. The collective sorting computer tool was implemented despite the fact that federal laws and Pentagon policies require every religious exemption application to be treated on an individualized basis.
While the U.S. Coast Guard is supposed to be providing an “individualized look,” the system is being utilized to swiftly deny the prospect for exemptions from the mRNA drugs, which carry an increasing worrisome side effect profile. The Florida Department of Health recently released a study showing that the mRNA shots carry significant risks specifically for fighting age males.
Nonetheless, the Coast Guard has maintained a stunning a near 99% denial rate in response to exemption requests.
The RAGG is used to sort and then generate a blanket response to arguments against receiving the injections. This response would then appear in a dismissal letter “explaining” the exemption denial.
The United Kingdom’s central bank has warned that the country faces a long and painful recession after announcing its biggest interest rate hike in more than 30 years in a bid to fight soaring inflation.
The Bank of England’s (BoE) move on Thursday to boost its key rate to 3 percent, up from 2.25 percent, came after consumer price inflation returned to a 40-year high in September.
Repugnant co-host of The View, Sunny Hostin, attacked Republican female voters in the lead up to the midterm elections on November 8th. On Thursday’s episode, the angry View harpies discussed the upcoming midterms and co-host Farah Griffin predicted a red wave.
Celebrity psychologist Dr. Phil McGraw spoke with podcaster Joe Rogan about Democrat John Fetterman and his health following a stroke.
The Democrat is attempting to win a Senate seat in Pennsylvania, but many questions about his health condition in recent days. This has led Dr. Phil to question why anyone should put their trust in Fetterman to be able to do the job that he is vying for.
The debate performance given by Fetterman when he took the stage against Dr. Oz is viewed as a disaster by most who watched it or even those who saw clips of it after the fact. They saw a man struggling with basic motor skills, which left them wondering if he was up for the job.
A stroke can cause the loss of the ability to string together coherent sentences and impact one's health. Thus, the fact that Fetterman suffered a stroke in May accounts for his behaviors in the debate. However, many wonder why he is still seeking this critical office and not taking care of his health instead.
Hospitals around the U.S. are suddenly struggling to keep up with surging rates of respiratory infections among children, such as respiratory syncytial virus (RSV),1 COVID, rhinoviruses and influenza.2 Hospital staff feign confusion, saying they have no idea what’s going on.
Meanwhile, censored scientists and doctors have long warned that the mRNA COVID jabs are destroying people’s immune systems, and that we’re going to see an avalanche of infections as immune system failure sets in.
North Korea has conducted a record number of missile launches this week, including an apparent intercontinental ballistic missile (ICBM), bringing the total number of missiles fired to more than 60 so far this year.
The Group of Seven rich nations and Australia have agreed to set a fixed price when they finalize a price cap on Russian oil later this month, rather than adopting a floating rate, sources said on Thursday.
U.S. officials and G7 countries have been in intense negotiations in recent weeks over the unprecedented plan to put a price cap on sea-borne oil shipments, which is scheduled to take effect on Dec. 5 - to ensure EU and U.S. sanctions aimed at limiting Moscow's ability to fund its invasion of Ukraine do not throttle the global oil market.
“The Coalition has agreed the price cap will be a fixed price that will be reviewed regularly rather than a discount to an index," said a coalition source, who was not authorized to speak publicly. "This will increase market stability and simplify compliance to minimize the burden on market participants.”
NATO Secretary-General Jens Stoltenberg urged Turkey on Thursday to set aside its reservations over Finland and Sweden’s efforts to join the military alliance, insisting the Nordic neighbors have done enough to satisfy Ankara’s concerns about their membership.
Finland and Sweden applied for membership of the world’s biggest security alliance in the months after Russian forces invaded Ukraine in February. In doing so, they abandoned longstanding policies of military nonalignment out of concern that Russian President Vladimir Putin might target them next.
But Turkey, which joined NATO in 1952, is still not ready to endorse them after months of trilateral talks. The Turkish government wants them to crack down on individuals it considers terrorists, such as supporters of the outlawed Kurdistan Workers’ Party and people suspected of orchestrating a failed 2016 coup in Turkey.
He has called for expelling “disloyal” citizens of Israel, idolised a mass shooter responsible for a deadly assault on a Hebron mosque in 1994, and called for loosening rules of engagement to make it easier for Israeli forces to shoot Palestinians.
Itamar Ben-Gvir is poised to take up a prominent post in the next Israeli government after this week’s elections saw his far-right Otzma Yehudit (Jewish Power) Party emerge with record support.
Left-wing politicians were reacting with horror and dismay on Wednesday to the decisive electoral victory of the right-wing, religious bloc in the general election, expressing extreme concern in particular over the strong influence the far-right Religious Zionism party will likely wield in the next government.
And recriminations among left-wing parties for their poor showing in the election had also begun, with Regional Cooperation Minister Esawi Frej of the Meretz party blaming the leader of the Labor party, Transportation Minister Merav Michaeli, for the loss, citing her refusal to unite the two parties.
Michaeli staunchly refused to unite her party with Meretz on a joint electoral slate ahead of the election, insisting that both parties would be able to pass the electoral threshold by themselves.
With some 86 percent of the votes counted, Labor looked set to win just four seats, compared to the seven seats it won in the last election, while it appeared Meretz would fail to cross the electoral threshold, thereby losing all representation in the Knesset altogether.