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The man who trades freedom for security does not deserve nor will he ever receive either. – Benjamin Franklin
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00:00 Start
02:35 Who is Mark Faber, publisher of the Gloom, Boom & Doom Report
04:40 Why scepticism of government statistics is justified
19:35 A century of monetary inflation and its societal impact
30:35 “The government is an institution to steal money from ordinary people”
36:00 The balance between safety and wealth across different countries
39:10 The growing threat of the expanding U.S. debt
43:00 Recommended read: A History of Interest Rates by Sidney Homer
44:50 Key hedges to explore in the risk markets
46:00 Hundreds of people being debunked for cash
48:00 Draconian Basel IV regulations and the attack on individual property
53:05 Hedging strategies beyond gold and silver
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H/t reader Squodgy:
“Is this the ONLY recording of a WORLD “LEADER” expressing his honest sadness over the GAZA GENOCIDE?”
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https://youtu.be/RDNb9iv0dQU
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On Thursday another major Israeli airstrike targeting central Beirut was an attempt to assassinate senior Hezbollah member Wafiq Safa, responsible for internal security issues, according to officials cited on Israeli Army Radio.
Raids hit the Ras al Nabaa area in central Beirut. Israeli jets have for almost two weeks pounded Hezbollah strongholds in south Beirut, which is also densely-packed with civilian families. But much more rare have been airstrikes targeting the center of the capital.
Israel says it was seeking to kill Hezbollah’s Safa by attacking and destroying a residential area of apartment buildings and small shops. After emergency and rescue crews worked through the night, Lebanese authorities said 22 people were killed, which marks the single deadliest attack on the capital since hostilities began.
“The casualties in central Beirut on Thursday night rose quickly; the Lebanese health ministry reported 22 people killed and 117 wounded,” The Guardian writes. “Among the dead were a family of eight, including three children, who had evacuated from the south, according to a security source.”
Read moreSingle Deadliest Israeli Attack Of War Hits Central Beirut, But Hezbollah Commander Escapes
After yesterday’s hotter-than-expected CPI, all eyes are on this morning’s PPI print for dovish hopes that the blip in CPI is ‘transitory’. Of course, there is the baffle ’em with bullshit print too… as data shows the MoM prints cooler than expected but the YoY prints hotter than expected.
Headline PPI was unchanged MoM (cooler than the +0.1% expected) but it was up 1.8% YoY (hotter than the +1.6% exp)… but down from the upwardly revised 1.9%!?
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The Hungarian government announced it will seek to prevent a vote on the European Union’s participation in a $50 billion Group of Seven (G7) loan to Ukraine. The G7 will use investments and interest gained from frozen Russian funds to pay off the loans.
Finance Minister Mihaly Varga explained that Budapest wants the issue decided within the EU after the US election. “We believe that this issue, the prolongation of the Russian sanctions, should be decided after the US elections. We have to see in which direction the future US administration is going with this issue,” he said.
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A recent survey by the 40dB Institute for El País and Cadena SER revealed that 75 percent of Spaniards now associate immigration with negative concepts such as insecurity, crime, and overburdened public services. The increase in concern — up by 16 points over the last year and a half — reflects a considerable shift at a time when the migrant crisis, particularly on the Canary Islands archipelago is at the forefront of public debate.
A total of 41 percent of respondents described immigration as a significant concern with a growing unease particularly prevalent among Gen Z males who broadly agree with the description of Vox leader Santiago Abascal, who has described the current migration crisis as an “invasion,” and the center-right opposition leader Alberto Núñez Feijóo, who has linked immigration with crime and called for “mass deportations.”
The survey reveals significant differences in opinions based on political affiliation. Among supporters of the hard-right SALF, 93.4 percent believe there are too many immigrants, with Vox supporters close behind at 86.1 percent. However, 4 out of 10 left-wing PSOE voters (41 percent) also share the belief that there are too many immigrants, while 27.7 percent of Sumar voters and 24.2 percent of Podemos voters express similar views.
The majority of respondents (74.8 percent) link immigration to various negative outcomes, such as increased insecurity (29.5 percent), strain on public services (27.2 percent), social divides (21.2 percent), and crime (19.2 percent). A significant portion also associates immigration with unemployment (16.7 percent) and a “loss of cultural identity” (7.6 percent).
A solar storm classified as “severe” (ranked 4 out of 5 in severity) hit Earth on Thursday and brought stunning displays of the northern lights.
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Remember the last time the globalists took the mask off? It wasn’t that long ago, but some people might have already forgotten how the western world almost lost all individual freedom under the guise of an over-hyped health emergency. When globalists are honest about what they truly want, it usually coincides with an engineered calamity.
In the two years since the failure of the covid pandemic narrative I have argued that globalist organizations are trying to regroup under a new plan. The evidence suggests that these people suffered a shocking revelation after their attempt to implement perpetual medical tyranny. They’ve realized they don’t have as much control over the flow of information and public discourse as they originally assumed.
Read moreBrandon Smith: Globalists Are Taking The Mask Off And That’s A Bad Sign…
Amid ongoing heavy fighting between Israeli forces and Hezbollah in south Lebanon, the only external troops which have long been present on the ground are a group of UN peacekeeping troops. They are a mainly Irish contingency, called the United Nations Interim Force in Lebanon (UNIFIL), and have remained near the Israel-Lebanon border since the 2006 war.
The UN peacekeepers have been increasingly alarmed over the Israeli army setting up forward bases in areas near their operations, and this week the Israeli government alerted the UN troops they must move positions or risk coming under fire.
That appears to have happened this week. On Thursday the UNIFIL force said its headquarters came under fire by the Israeli army and that two of its troops were wounded. The UN team had refused Israeli army (IDF) demands to evacuate its position further north, setting up for a bloody standoff as tanks moved in.
Read moreUN Accuses Israel Of Firing On Its Peacekeeping Force In Lebanon, Wounding Two
Authored by Emel Akan via The Epoch Times (emphasis ours),
Vice President Kamala Harris proposed a new plan on Oct. 8 that would require Medicare to cover the cost of long-term home care.
With the election only 27 days away, the Democratic nominee made the announcement first on ABC’s “The View.”
Read moreHarris Proposes Medicare Coverage For Senior Home Care
On Thursday Joe Biden mumbled his way through a White House update on Hurricane Milton and the ongoing emergency response, and federal help in Florida. But at one point through the awkward, meandering presser the president was asked the following:
“What did Prime Minister Netanyahu tell you about his plans related to retaliation?” a reporter posed.
“He’s coming over to help with the storm,” Biden said.
Good News America
President Biden just stated that Israeli Prime Minister Benjamin Netanyahu is personally coming over to help you guys with the Storm ‼️ pic.twitter.com/ep8aeqmRbC
— Concerned Citizen (@BGatesIsaPyscho) October 10, 2024
Some media outlets are trying to pass off this disturbing exchange as Biden making a “joke”… but really?
Read moreWars Abroad, Natural Disasters At Home… And Biden Said What?
Update (9:00pm ET): According to a Thursday evening social media post from The Grayzone, Israeli police continue to hold journalist Jeremy Loffredo “on suspicion of serious security offenses for publicly publishing… the locations of missile drops near or inside sensitive security facilities, with the aim of bringing this to the notice of the enemy and thereby assisting them in their future attacks.”
A judge had ordered him released on the grounds that Israeli censors had approved the reporting of Loffredo’s arrest and the information that Loffredo reported, and thus authorities “could “no longer justify his continued detention.” However, the police have appealed, and Loffredo remains jailed.
“The claim that Loffredo and The Grayzone represent Israel’s enemy in wartime merely suggests that the Israeli government views the American people and free press as a legitimate target,” The Grayzone wrote, and encouraged concerned Americans to “contact the State Department and urge them to act in defense of their citizen detained in Israel.” In a separate post, editor-in-chief Max Blumenthal directed followers to email the embassy at [email protected].
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According to alternative media outlet The Grayzone, the State of Israel has arrested US citizen and Grayzone investigative reporter Jeremy Loffredo just days after he defied censors by posting a report on Iran’s ballistic missile strike, to include documenting the precise location of an apparent impact close to the headquarters of the country’s principal intelligence agency, the Mossad.
“I’ve just learned that @loffredojeremy was among the journalists arrested by the Israeli military and is still in jail,” said Grayzone founder and editor-in-chief Max Blumenthal via social media. “His phone has been confiscated. That is all I’m able to say for now.” On Wednesday at midday, Grayzone journalist Aaron Maté wrote that Loffredo had already been held for more than 24 hours.
Russian independent journalist Andrey X said he and Loffredo were among five journalists grabbed by Israeli security forces, with all but Loffredo having been released. No details have yet surfaced about where or why they were arrested.
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