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NewsFromUnderground
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News & commentary on economics, politics, markets, history, culture, and liberty. https://t.me/intelrunner
Bitcoin Drops Tend To Precede The Same In The Broader Market Bitcoin essentially functions as a high-beta play on global fiat liquidity conditions, so when it suffers dramatic price falls, it can often be a sign of things to come in the stock market. Because it trades 24/7 with instant settlement and has no corporate earnings, cash flows, or physical industrial demand to anchor its valuation, its price is almost entirely an expression of excess dollar supply and risk appetite. Because Bitcoin can be liquidated instantly at any hour without disrupting a core corporate portfolio, it is often utilized as an immediate source of capital preservation or margin maintenance. Think of $BTC's dramatic falls as the financial system's tide going out. for more like this: t.me/intelrunner image
🌍 The Highest Gasoline Prices in the World Top 20 Countries by Average Gasoline Prices Per Liter ◽️Hong Kong ($4.14) 🇭🇰 In Hong Kong, land for everything (including gas stations) is expensive. Fuel taxes are kept high to discourage traffic & private car ownership. And the market is highly concentrated among a few players who add significant mark-ups. ◽️Malawi ($3.84) 🇲🇼 Malawi has faced a chronic shortage of US dollars. Since oil must be bought in USD, the government had to hike prices by over 40% to protect dwindling reserves. Suppliers began demanding cash-only deals due to the regional war, and the government added a specific surcharge to every liter to pay off accumulated arrears to international fuel traders. Further, they suffer the costs of shipping to a landlocked nation. ◽️Netherlands ($2.80)/Denmark ($2.70) 🇳🇱🇩🇰 Nations like the Netherlands, Denmark, Liechtenstein ($2.54), and Germany ($2.47) are staples on this list because of their tax structures. These countries levy some of the highest fixed excise taxes in the world, often exceeding $0.80–$0.90 per liter. Then high "CO2 taxes" are integrated into the pump price to fund the energy transition & discourage internal combustion engine use. Then on top of those, most of Europe applies a 20-25% Value Added Tax on the total price (including the excise tax), effectively taxing the tax. ◽️Israel ($2.76) 🇮🇱 Israeli prices hit record highs (over NIS 8.05/liter) due to a 50% surge in Mediterranean regional pricing and the weakening of the Shekel against the USD. Increased risk premiums for tankers in the Middle East and surrounding chokepoints added a sort of logistics tax to every liter imported by sea. image
🇺🇸 Central banks re-accelerated their gold purchases every time price fell a bit. They've been at it for some time now. This is a preparation for the financial system to come. As I noted in September, the gold representation in the asset mix of Americans (and several other key populations) is woefully low. Now, finally, we're seeing broad interest in the concept of debasement in Google searches in the United States of America. Consciousness about the loss of purchasing power for the Dollar, the Euro, and virtually every other fiat currency in concert is permeating the Wall of Sleep. [Originally published to INTELRUNNER on Telegram on October 14th] image
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npub1v37c...kwmz 10 months ago
🇬🇷🇨🇾🇵🇹 Greece & Cyprus have orchestrated an excellent display of fiscal responsibility in the years since their sovereign debt & banking crises respectively, and the dividends have really rolled in over the past five years. Portugal, on the other hand, has been consistently prudent since its 2011 debt crisis. The success reminds one of Ireland last decade. As a result, we've seen outstanding reductions in all 3 debt-to-GDP ratios. Greece has reduced by 56.1% over the period but still has some work to do with a total of 150.3% remaining. Cyprus has reduced by 43.5% to a very healthy 71.1%! And Portugal has reduced by 37.5% for a final ratio of 97.4%. All three turned their GDP growth exceptionally positive by 2021. There were enormous gains in 2021-2022, with readings between 5.7% & 8.4%. Portugal & Cyprus achieved primary account surpluses in 2021, Greece in 2022, and all three ever since—an encouraging pattern that will serve these nations well if they can maintain it. These three along with Denmark are fiscally some of the best situated in Europe. Meanwhile, many EU nations that weren't in dire straits a decade ago have fallen apart economically for various reasons...looking at you, France, Romania, Czechia, et cetera. image
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npub1v37c...kwmz 11 months ago
Well, I predicted that this morning. Didn’t think we’d get there so soon. If they Jack “Ruby” Rubenstein him… (Yeah that’s his name—what mob did you think he ran with? Besides pedophiles like John David Norman. You see how far back this kid-fucker mafia goes? How did you think they get a guy to throw his life away shooting a patsy?) If they Rubenstein him, then we can feel pretty confident that a vigorous & vehement suspicion is the most appropriate course. image
I’m, not an OBBB guy. Believe me. But this consternation over Medicaid is overblown. They’re trying to return to the pre-Biden trend line of Medicaid not now, but by 2030. So it’s still going to drive us bankrupt, but slower… It’s a bit dishonest to act like there are some draconian cuts in the law, so I imagine that’s what we’ll hear every day multiple times per day next year. image
🇪🇺 The decline in the purchasing power of the Euro since 2001…. 📉 CHART WATCH 📉 image
This isn’t going away. Nor should it. It’s a microcosm of many much larger evils afflicting America all tied up into one. For that reason, it’s an opportunity for massive positive reform. Not just for the sake of justice, but also for the sake of the nation & its future inhabitants. For the sake of a sound foreign policy and to improve the probability of decent, honest representation. We let them squash it at our peril. image
🇺🇸 The Stripper Index since 2016 and the stock chart of RCI Hospitality Holdings ($RICK), which owns strip clubs, restaurants, and bars. Both are plotted with the Nasdaq 100 ($NDX), where most bubbles this century are most easily seen. On the chart of the Stripper Index, orange is Google Trends in searches for “escort” in NYC, the pink is the average hourly price of an escort in the UK (£), the yellow is organic escort sign-ups, and the blue is the $NDX. The $RICK candlesticks are in log for better visibility, and the $NDX is not. Leading declines of $RICK shaded yellow, U.S. recessions shaded red, and the deflation of the Dotcom Bubble shaded gray. 📈 CHART WATCH 📈
Trump’s approval ratings may well have seen a bump, but it’s coming from the college educated, so we can safely presume it’s from the media praise after Iran. The important fact is that those people will not be shifting heavily Republican over this or whatever else. They will be voting against him in 2026. The people he desperately needs, the backbone of his new coalition—the young voter, the independent voter, the working class voter—none of these are impressed with the last few months, and many are repulsed. And rightfully so. The rigged polls will run the same playbook as 2020, when they cheered him on and assured him he was popular as he locked down the economy and handed the country over to Fauci & the military-pharmaceutical complex. The dwindling MAGA faithful (concentrated in the FNC Boomer class) share Quinnipiac polls they rightfully scorned nine months ago as they rebuke quality pollsters for disloyalty. Where do they think this ends? The House is probably already gone. The Senate will go too if they keep up at this rate. He’s getting a D+, and it’s not going to cut it. They’re not just risking impeachment now; they’re risking conviction. He’s risking George W. Bush 2006-08. And better yet, he’s gifted his enemies what they’ve always wanted and never had: a real scandal. If America First is wise, they’ll leave him for dead like he left them for dead, and get to work on (1) primarying most of Congress, (2) finding a leader for 2028, and (3) bracing for a globalist onslaught. That’s the position Dear Leader has put us in. The people he needs feel betrayed. The people who have shifted to him will betray them once he can no longer derail their agenda, once they no longer have a use for him. And the Deep State is in the driver’s seat. Who knows where we’re headed next? / NEWS FROM UNDERGROUND /
🌍 What the World Thinks of Israel Countries most favoring Israel: 🇮🇳🇳🇬🇰🇪 Countries least favoring Israel: 🇹🇷🇮🇩🇯🇵 📈 CHART WATCH 📉 image
Quoi? You don’t say. We can pick off a lot of them with pressure campaigns just like this. They know this term won’t last forever. Make them wallow in their crimes. Make them listen to their lies ringing in their ears. Make them hear you whenever they want to speak in public. Never relent. I don’t know what happened, but I know he didn’t kill himself, and so do you. I know it should be the beginning of the end of the Israeli special relationship. But then that’s true of so many cases these past few decades… If you want your country back—if you want to put America first, don’t give this one up. / news from underground / image