Nueva Democracia: FEB 1- 2021 ND SIT EC y POL

FEB 1- 2021 ND SIT EC y POL

ND denounce Global-neoliberal debacle y propone State-Social + Capit-compet in Eco

ZERO HEDGE ECONOMICS

Neoliberal globalization is over. Financiers know it, they documented with graphics

PHYSICAL PREMIUM TO PAPER HITS RECORD AS SILVER MARKET TEARS IN TWO

by Tyler Durden

...the establishment can print all the paper silver it wants, but there is no physical supply...

Update (1345ET): The shortage of physical silver is exposing a tear in the precious metals market unlike any we have seen before.

As we detailed below, various executives from bullion dealers have explained that huge demand has left them with no supply (and no source) for physical silver.

And while silver futures prices (paper silver) have 'stabilized' modestly during the day...

See Chart:

Silver Continues Contract [ March 21]

https://cms.zerohedge.com/s3/files/inline-images/2021-02-01_10-44-29.jpg?itok=6SJgZ2-U

Physical silver prices remain at extremes...

See Charts:

2020 1 oz American Silver Eagle BU

https://cms.zerohedge.com/s3/files/inline-images/2021-02-01.png?itok=dZXtUfhE

2021 1oz American Silver Eagle COIN BU

https://cms.zerohedge.com/s3/files/inline-images/2021-02-01%20%282%29.png?itok=rxZ4GzS_

And, as the chart below indicates, that massive premium is unprecedented

See Chart: .

Silver American Eagle loz coin price Vs Silver Physical Premium

https://cms.zerohedge.com/s3/files/inline-images/bfm3E7B.jpg?itok=lO4GbCt5

Simply put, the establishment can print all the paper silver it wants, but there is no physical supply... and that likely ends badly for those attempting to suppress reality for too long.

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CONTINUE READING & se more charts at

SOURCE: https://www.zerohedge.com/markets/unprecedented-history-apmex-ceo-explains-why-they-halted-silver-bullion-sales-over-weekend

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ONE BANK THROWS UP ALL OVER THE SURGE IN COVID OPTIMISM

by Tyler Durden

"even a very optimistic pace of vaccination cannot fully offset their impact the mutations they become dominant."

With every passing day since the Biden inauguration, which also coincides with the day new covid cases in the US peaked...

See Chart:

US daily new covid 19 cases and deaths (7dys moving average)

https://cms.zerohedge.com/s3/files/inline-images/new%20covid%20cases%20bofa_1.jpg?itok=BwdqqwRS

... and hospitalizations plunged by a record amount...

See Chart:

Sign of relief

https://cms.zerohedge.com/s3/files/inline-images/signs%20of%20relief_2.jpg?itok=Uuz0paky

Furthermore, in the best covid-linked news yet, just a few hours earlier, we learned that covid vaccinations in the US topped the number of cases for the first time...

See Chart:

Aggregate

https://cms.zerohedge.com/s3/files/inline-images/bfm5B78_0.jpg?itok=6Zjxaa7i

To summarize where we stand, the covid newsflow before and after the Biden inauguration is night and day, with cases and hosptializations tumbling while the daily pace of vaccination has risen from around 200k at end of last year to more than 1 million today. Meanwhile, after a widely-anticipated post-holiday surge, cases have dropped 41% from their peak. Are we out of the woods?

One bank disagrees with this cheerful assessment, and in a note from BofA economist Aditya Bhave, he warns that the worst may be yet to come as he remains "concerned about the new, more contagious virus strains out of the UK, South Africa and Brazil."

Why? Because according to BofA simulations, even a very optimistic pace of vaccination cannot fully offset their impact the mutations they become dominant. Therefore the bank's base case is that cases and hospitalizations will actually return to their post-holiday peaks in the early spring

See chart below:

https://cms.zerohedge.com/s3/files/inline-images/bofa%20hospitalizations.jpg?itok=3suvwnI7

It could get even worse: in BofA's pessimistic case, the new strains cause a larger increase in underlying transmission, pushing cases and hospitalizations to unprecedented levels and potentially forcing lockdowns in March-April.

The only question remaining is just how hot will inflation be running at that point, and will the US economy be sliding headfirst into a stagflationary trap, forcing the Fed to take out the Volcker playbook and rapidly hike rates even though doing so would crash the market...

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My Suggestion:

[ I wonder if Biden health will accept that torment. If happens the ’worse’, Kamala Harris has to set up a new team -autonomous from PENTA-Deep State for a peaceful transition to a post-neoliberal system. I can suggest several names for this new Plan, starting with Michael Hudson for Economy. Read the 29 Ch: “The Fight for the 21 ST Century” in his book: KILLING THE HOST. I’m sure he has new ideas on it Hugo Adan ]

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SOURCE: https://www.zerohedge.com/medical/one-bank-throws-all-over-surge-covid-optimism

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Here a different Economist R Mundell with ‘opposite’ & interesting view:

"IMPOSSIBLE TRINITY" SHOWS PBOC NOT IN HIKING MODE

Here a comment to him By Ye Xie, at Bloomberg Markets

The theory, developed by Nobel-winning economist Robert Mundell, stipulates an economy cannot have free-flowing capital, a fixed exchange rate and an independent monetary policy all at the same time.

U.S. stocks rallied Monday as a decline in short interest in GameStop suggested limited room for further squeezing of some of the most-shorted stocks. In fact, the 20 most-shorted stocks in the Russell 3000 have been falling since Jan. 27.

See Chart:

GME Shares Short

https://cms.zerohedge.com/s3/files/inline-images/ihor%20shorts%20teaser_0.jpg?itok=CQ_o9aIO

Their performance between Jan 21-27 is negatively correlated to their returns since then. Retail investors are now setting their sights on pushing silver higher, but the move has caused limited dislocation in other assets.

In China, the PBOC’s liquidity squeeze looks to be running its course, too. The interbank rates dropped Monday after the PBOC injected cash. Meanwhile, the services PMI missed expectations, underscoring the growth hit by the recent restrictions on activities due to the renewed Covid outbreaks. Bad economic news is good news for markets as it reduces the risk of policy tightening.

See Chart:

China overnight Repo Rate

https://cms.zerohedge.com/s3/files/inline-images/China%20on%20rate.jpg?itok=XVZpQxc5

Beyond the near-term, the PBOC’s appetite for monetary tightening is perhaps also somewhat constrained by the yuan -- the classic “impossible trinity” problem.

The theory, developed by Nobel-winning economist Robert Mundell, stipulates an economy cannot have free-flowing capital, a fixed exchange rate and an independent monetary policy all at the same time. Higher rates lead to capital inflows, which pushes the currency stronger.

The PBOC hasn’t hiked, but near-zero rates in major economies, have effectively done the job for it, pushing a torrent of foreign capital to China. Overseas investors added a record $100 billion to government bonds last year, more than the previous two years combined.

So far, the central bank has largely tolerated the yuan’s appreciation. The PBOC has been countering the inflows by easing some of the restrictions to encourage outflows. What it perhaps won’t do is to build up rate-hike expectations and create a one-way street for the currency.

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[ In short, la Economia es un sistema abierto que no puede ser visto al margen de su contexto externo, pero ese ‘acoplamiento estructural’ no es determinista decía N Luhmann y su equipo, no afecta la ley autopoiesis (auto-creacion interna) de todo sistema económico. Las partes y elementos del mercado mundial deben ser vistos desde esta perspectiva conocida como Systems Theory. ]

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SOURCE: https://www.zerohedge.com/markets/impossible-trinity-shows-pboc-not-hiking-mode

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US DOMESTIC POLITICS

Seudo democ duopolico in US is obsolete; it’s full of frauds & corruption. Urge cambio

Irony? El caníbal que no come bebes no deja de ser caníbal

TRUMP NOMINATED FOR NOBEL PEACE PRIZE OVER ISRAEL-UAE PEACE DEAL

"In the last 30 years, Donald Trump is the first president of the United States, who during his tenure, has not started a war..."

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The real killer of Babes is ISRAEL in Palestine with complicity of UAE

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NATGAS PRICES JUMP 11% AS WEATHER MODELS POINT TO "WIDESPREAD COLD"

"The pattern ahead as we get deeper into mid-February supports a widespread colder than normal look across the US we haven't seen since February 2014.

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US-WORLD ISSUES (Geo Econ, Geo Pol & global Wars)

Global depression is on…China, RU, Iran search for State socialis+K-, D rest in limbo

False flag?: creating excuses for ISR-US to destroy Iran with their NUKEs

IRAN LAUNCHES NEW SATELLITE-CARRYING ROCKET AS BIDEN PLAN TO RESTORE NUCLEAR DEAL FALTERS

State TV publishes footage of the Islamic Republic's "most powerful rocket engine" to date...

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ISR has nuke-missiles in 3 places & RU-CH must provide IRAN these arms for self defense. IRS-US will not attack IRAN if the have it too. Meanwhile we should push for total Nuclear dismantle: the only warrantee for PEACE.

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MASSIVE CHINESE BUYING SPREE SENDS CORN PRICES TO HIGHEST SINCE 2013

"The after-effects are still being felt today."

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KREMLIN TELLS US 'BACK OFF' NAVALNY CASE AS VIRAL 'PUTIN PALACE' STORY DEFLATED

Weekend protest anger was fueled by lied-allegations of a $1.3 billion Black Sea mansion belonging to Putin...

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SPUTNIK and RT SHOWS

GEO-POL n GEO-ECO ..Focus on neoliberal expansion via wars & danger of WW3

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