Crude Oil & War

October 16, 2024

Crude Cash Y 10 14 24

QUESTION: With all the chaos on the war front, do you see oil ever making new highs?

DD

ANSWER: Just about all the key markets are showing important shifts in trend. Cash crude oil has important overhead resistance at the 8840 level in 2025. Next year is a Panic Cycle. We just have the world’s worst crop of leaders ever. If they actually believe the BS they are spouting, this we are truly looking at World War III. You have Poland threatening to annihilate St Petersburg in Russia. The West has instigated this entire confrontation and you are looking at Europe being reduced to ashes this time and the great monuments will not survive. Why is there no leader even interested in peace?

Market Talk – October 15, 2024

October 15, 2024

Market Talk 2017

ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 increased 304.75 points or 0.77% to 39,910.55
• Shanghai decreased 83.03 points or -2.53% to 3,201.29
• Hang Seng decreased 774.08 points or -3.67% to 20,318.79
• ASX 200 increased 65.60 points or 0.79% to 8,318.40
• SENSEX decreased 152.93 points or -0.19% to 81,820.12
• Nifty50 decreased 70.60 points or -0.28% to 25,057.35
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.00247 or -0.37% to 0.67001
• NZDUSD decreased 0.00149 or -0.24% to 0.60751
• USDJPY decreased 0.305 or -0.20% to 149.411
• USDCNY increased 0.04587 or 0.65% to 7.13907
The above data was collected around 14:00 EST.
Precious Metals:
•  Gold increased 15.07 USD/t oz. or 0.57% to 2,664.44
•  Silver increased 0.299 USD/t. oz. or 0.96% to 31.528
The above data was collected around 14:03 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
•  CAC 40 decreased 80.09 points or -1.05% to 7,521.97
•  FTSE 100 decreased 43.38 points or -0.52% to 8,249.28
•  DAX 30 decreased 22.10 points or -0.11% to 19,486.19
The major Europe currency markets had a mixed day today:
• EURUSD decreased 0.00229 or -0.21% to 1.08860
• GBPUSD decreased 0.00044 or -0.03% to 1.30626
• USDCHF increased 0.00066 or 0.08% to 0.86302
The above data was collected around 14:07 EST.

US/AMERICAS:

US Market Closings:

  • Dow declined 324.8 points or -0.75% to 42,740.42
  • S&P 500 declined 44.59 points or -0.76% to 5,815.26
  • Nasdaq declined 187.1 points or -1.01% to 18,315.59
  • Russell 2000 advanced 1.18 points or 0.05% to 2,249.82

 

Canada Market Closings:

  • TSX Composite declined 32.09 points or -0.13% to 24,439.08
  • TSX 60 declined 1.91 points or -0.13% to 1,462.42

 

Brazil Market Closing:

  • Bovespa declined 243.12 points or -0.19% to 130,762.13
ENERGY:
The oil markets had a mixed day today:
•  Crude Oil decreased 3.508 USD/BBL or -4.75% to 70.322
•  Brent decreased 3.473 USD/BBL or -4.48% to 73.987
•  Natural gas increased 0.0077 USD/MMBtu or 0.31% to 2.5017
•  Gasoline decreased 0.0276 USD/GAL or -1.34% to 2.0327
•  Heating oil decreased 0.0373 USD/GAL or -1.68% to 2.1835
The above data was collected around 14:13 EST.
•  Top commodity gainers: Cocoa (4.94%), Cheese (10.73%), Oat (1.62%) and Sugar (2.14%)
•  Top commodity losers: Crude Oil (-4.75%), Brent (-4.48%), Canola (-2.01%) and Coffee (-1.88%)
The above data was collected around 14:20 EST.
BONDS:
Japan 0.9760% (+2.4bp), US 2’s 3.96% (-0.013%), US 10’s 4.0390% (-6.4bps); US 30’s 4.32% (-0.074%), Bunds 2.2245% (-5.15bp), France 2.958% (-7.7bp), Italy 3.4660% (-8.2bp), Turkey 27.270% (+0bp), Greece 3.115% (-10.2bp), Portugal 2.687% (-5.4bp); Spain 2.944% (-6.1bp) and UK Gilts 4.1690% (-7.3bp)
The above data was collected around 14:24 EST.

The 2024 Election – The Last Election We Will Ever Have

October 15, 2024

2024 Election Argument

COMMENT: Marty,

The Democratic Party insisted they won the 2020 Election with 81 million votes and it exceeded Barack Obama’s election votes, they championed this alleged victory sweep.

Today we see millions of migrants now getting Drivers License and registering votes. In California, Gov. Newsom has made a ruling that it is illegal to ask them for identification.

If they had 81 million votes in the 2020 election are we to believe those votes have evaporated?

Surely, with such a comfortable victory margin in 2020 there is no need to allow any migrant or foreign citizen to vote in the US elections.

Respectfully.
RJ

No Way Out

REPLY: We are just too far gone. They think they can rig this election and retain power. The Computer has been projecting MAJOR civil unrest with this election regardless of who wins, and this will be the last election. Everything is just too far gone anymore to save anything. I don’t know what else to say. The Democrats will say this was rigged or Russia interfered again, and the Republicans will be calling it illegal for the aliens. If Trump wins, we will be back to Russian nonsense, and he is not my president. I do not see any way out. This will get bad into 2026.

Civil Unrest 2023

A Powerful Documentary Just Released on the Deep State

October 15, 2024

 

Amazon the Documentary on Flynn

 

Many thought the story about me, the Forecaster, was just an isolated attempt to silence me and shut down our forecasting. I suggest watching this new documentary about General Mike Flynn. What they did to him is precisely what they did to me. They threaten your family. In my case, I wrote a letter to Dorothy Heyl, the SEC prosecutor.

AP 42700 r

Judge Richard Owen also acted like a prosecutor. I had said I had never met a lawyer named Tenzer. He investigated me personally, saw a lawyer named Taenzer come to see me, and put me on the stand, thinking he could charge me with perjury. I said, “Sorry, it was not a misspelling; Taenzer was a former law partner with my father.” Judge Owen threw the Associated Press out of the courtroom and closed it to the public when he was removing all my lawyers, threatening them with contempt as well. The Associated Press reported the unconstitutional act of closing the court. As an American, you are supposed to have a public hearing – not a rigged scheme behind closed doors. But who cares about the Constitution? Not the courts when it goes against the government.

 

Judge Richard Owen

Judge Richard Owen took the lawyers away from Steven H. Schiffer, who was also charged civilly by the SEC, and he tormented him. He then committed suicide, and when Judge Owen was taking my lawyers away in a closed court proceeding to throw the Associated Press out of the courtroom, he kept joking how he was never overruled because Schiffer did not know how to appear pro se.

Legal Persecution

Because prosecutors have absolute immunity, they know they will never be challenged, and no judge will ever expose them. The legal system in the United States is the most corrupt in the world, and that is not exaggerated. Either Americans are the MOST corrupt people in the world since we have more people in prison as a percent of the population and even numerically than China, Russia, and Europe. This has allowed the Department of Justice to engage in legal persecution and not even the Supreme Court will step in.

 

           Incarcerated    Population   Percentage

USA…… 1,767,200        335,893,238   0.005

Russia … 433,006        144,594,294   0.002994

China… 1,690,000     1,418,463,202   0.00119

 

You have more than a 500% greater chance of going to prison in the USA than even China. They claim both are dictatorships and are portrayed as anti-democratic. Yet, it appears the land of free is not so free. The Deep State rules, and they have weaponized the Department of Justice to take down Trump as well. I am not certain there is anyone in Congress with the courage to change this Department of Justice and the Deep State. This is only another reason why the United States cannot stand at the end of the day. It has been eaten alive from the inside out.

We Need Legal Reform

 

 

 

Israel vs Iran

October 15, 2024

Israel vs Iran 1

QUESSTION: Netanyahu has told Lebanon to purge themselves of Hezbollah and Iran to overthrow their religious government. Do you think regime change is the target objective in this conflict?

NS

ANSWER: Regime Change tends to be more of a wish than an actual military goal. Largely this is the old saying the king is dead long live the king. Regime Change depends upon the people. Far too often some assume that if you just take out the head of state, you will get regime change. You may get a change far worse. The goal of Israel for their response would break down to three strategies.

(1) Attack Military Targets (that produce the missiles

(2) Economic Targets, such as the oil production

(3) The nuclear targets

 

The first would be a proportional response. The second would disrupt the world economy sending energy prices higher which Biden is against before the election, and the third is far more difficult for they are underground and Israel lacks bunker attack type bombs that the US does possess.

In Japan, it was the military government that seized control and made the emperor subservient to them. The Japanese blamed their military for causing the war so you have had a deep concern about them ever again seizing power. That is the regime change that can take place after a military confrontation.

Brazil’s War on Free Speech

October 15, 2024

Brazil Global Government Affairs

 

Brazil’s Supreme Court lifted the ban on X, formerly known as Twitter, after the platform paid out $5.2 million in fines for spreading disinformation. Brazil’s sudden ban on the social media platform should act as a warning to the rest of the world that governments are prepared and ready to silence the freedom of speech without a second’s notice.

2022_12_03_Musk_Says_Twitter_Orderd_by_Government Twitter Directed by Government

Justice de Moraes was particularly concerned that X CEO Elon Musk was hesitant to ban accounts deemed offensive by Brazilian authorities. He attempted to freeze all of Elon Musk’s businesses in Brazil from X to SpaceX. Musk closed X’s Brazilian office in response, and accused Justice de Moraes of being a “criminal of worst kind masquer as a judge,” for attempting to stifle free speech.

Musk said that he would use SpaceX to provide free internet service to all Brazilians impacted by the ban. In response, the Brazilian government froze all of Starlink’s finances. The government even considered confiscating those frozen funds and using them to pay X’s fines. So even a man as powerful as Elon Musk who has both the ability to provide internet AND a free social media platform was banished by government.

Why not use a VPN? Well, the government was willing to bankrupt anyone who attempted to access the website by threatening them with a $9,000 DAILY fine. Brazil’s National Telecommunications Agency forced Apply and Google to prevent Android and iOS users from accessing X.

Now, Brazilians compose the sixth-largest market for X with over 21.5 million users. Losing Brazil was a huge loss for the platform. Musk eventually agreed to pay $5.2 million in fines to Brazilian government and will begin to block individual accounts – he was forced to cave.

Governments will “lose control” is free speech on social media is permitted, as Hillary Clinton said. This is a global phenomenon and every platform has been infiltrated by governments. Expect authorities to continue asking for more control over these platforms as they cannot risk the people questioning the mainstream media’s narrative.

The Four Powers Aligning

October 15, 2024

Kim Jong un Rocket

COMMENT: Marty, you have been spot on. North Korea, China, and Iran are banning together with Russia. What you have laid out is basic common sense. The ancient saying the enemy of my enemy is my friend. I don’t understand how common sense seems to be no so common certainly among our journalists who appear to be promoting war all the time.

Gerry

REPLY: The news is now touting that North Korea has sent troops to fight alongside Russia in Ukraine. When we do this, they are labelled “advisers” not troops. They are helping to operate the launchers for North Korean ballistic missile systems that Pyongyang has supplied to Moscow. There are also Brits there as “advisers” assisting in the same targeting of UK weapons. This is how the media flips things. If North Korean is sending “troops” then that justifies America sending in troops rather than just advisers who provide the target data to strike inside Russia and Russian ships in the Black Sea.

North Korea has been preparing for war with the South constructing a border wall and they are completely severing road and rail ties with the South. Kim Jong Un for the first time openly rejected the goal of an eventual reconciliation or reunification between the two countries. He now sees the South as the enemy. That is a significant departure. This is a project that is preparing for another Korean War and as I have warned, a coordinated attack with China vs Taiwan, Russia takes out Kiev, and Iran sends troops to attack Israel, and you begin to see that these four powers can overwhelm Western forces.

 

 

Our Neocons are out of their minds. The mere fact that Dick Cheney is supporting Kamala is confirmation alone this election is all about World War III.  They have staged a coup under Biden of Foreign Policy and this is why they are all supporting Kamala. They presumed the average American is just too stupid to pay attention while the guys are cheering sport and women are protesting abortion, they slide World War III into play on the most dangerous level in human history. NEVER do they consider perhaps they might be wrong and they lost once again as they have lost EVERY war since World War II.

 

Taiwan Reaffirms Independence on National Day

October 14, 2024

Taiwan’s National Day address was in stark contrast to the message put forth by China for its CCP anniversary. Xi Jingping of China used his national holiday to reaffirm his commitment to reunifying Taiwan with China. Taiwan’s leadership used the day to reaffirm that China “has no right to represent Taiwan.”

“The Republic of China [Taiwan’s official name] — which took root in Taiwan, Penghu, Kinmen and Matsu — and the People’s Republic of China are not subordinate to each other,” President Lai Ching-te said. Lai, who has been deemed a terrorist by the Chinese Communist Party, said that the people but “resist annexation” as China’s military presence continues to grow. “We hope that China will live up to the expectations of the international community, that it will apply its influence and work with other countries toward ending Russia’s invasion of Ukraine and conflicts in the Middle East,” Taiwan’s president stated.

Meanwhile, China said that Taiwan’s claims of separatism are obsolete. Chinese foreign ministry spokeswoman Mao Ning said Lai’s message “exposed his hell-bent position on independence and his sinister intention to escalate tensions in the Taiwan Strait for political self-interest.” Worse, she said that his strong message could result in China taking military action against Taiwan.

Global tensions seem to increase by the day amid deteriorating economic conditions, with major conflicts now including Ukraine v. Russia, the growing threat of Russia v. NATO, Israel v. Palestine, Israel & US v. Iran, and now China threatening Taiwan, among others. While it’s too early to say World War III has arrived, we are clearly a world at war, and it’s possible that regional conflicts could morph into something larger.

10% of Massachusetts Residents on Welfare

October 14, 2024

 

The welfare state has exploded under Biden-Harris. Democrat-run Massachusetts recently revealed that they added an astounding 672,483 people to its EBT card and welfare programs, a 34.6% increase in a 14-month period! These figures indicate that 10% of the entire state is currently on welfare.

State Senator Ryan Fattman is demanding an audit, believing this uptick in welfare recipients correlated with the $3.1 spending package for migrants that passed in December 2023. Yet, migrants are allegedly not qualified to receive EBT or food stamps. How else could such a large portion of the state’s population end up on welfare in such a short amount of time?

Massachusetts capital

The unemployment rate reached 3.7% in Massachusetts this August, up by 0.2% from the month prior, but 0.5% lower than the national average. Labor force participation remains at 66.3%, the highest for the state since June 2020. There is no reason that resident in Massachusetts should be experiencing poverty at such a significant rate compared to the rest of the US.

Government programs are ineffective because they are prone to greed. These agencies rarely pass audits during the off chance someone bothers to conduct one. All we hear is how the state and federal governments simply have ran out of money and aid, when in all reality, they have no idea where or why their funds are dwindling.

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