SilverReportUncut

Subscribe to http://youtube.com/c/growathome folloe our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport With declining foot traffic, retailers are rethinking their need for stores in Manhattan, leading to an abundance of supply and plunging rents. According to commercial real estate firm Jones Lang LaSalle (JJL), average asking rents across all major Manhattan shopping districts, including Fifth Avenue, Times Square, and Madison Avenue, plunged 12% in the third quarter versus the same period last year. JJL said the drop in retail rents last quarter was the largest in five years. Herald Square, a major commercial intersection in the borough, recorded the most significant decline in rents for the quarter, down 27%. Madison Avenue’s rents were down 23%, while Fifth Avenue, between 42nd and 49th streets rents, fell 11%. SoHo had the largest share of new leases, but space availability remains elevated, at almost 35%, with apparel retailers struggling the most. Tenants still have the upper hand and will continue to well into 2022 as supply remains abundant. New leases are coming with more perks, such as free rent for a couple of months and allowances for store improvements. In a separate report earlier this month, the Real Estate Board of New York showed 30% of 311 storefronts in retail areas around Midtown East and Grand Central were vacant, which is more than double the historical rate. Kastle Systems, whose electronic access systems secure thousands of office buildings across NYC, released new data that shows only 31% of workers were back at their desks in late October. Not much of an improvement over the last 19 months.

Subscribe to http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport Investors are becoming increasingly concerned about inflation impacting the performance of companies. The latest example is from Kimberly-Clark Corporation, which missed analysts' forecasts as inflation and supply chain disruptions dented sales. Kimberly-Clark shares slumped the most in six months after the maker of toilet paper, Huggies diapers, Kleenex tissues, and tampons, among other household items, slashed its annual forecast amid inflationary pressures and supply-chain woes. Kimberly-Clark reported a Q3 net income of about $469 million, or $1.39 per share, compared with $472 million, or $1.38 per share, last year. Adjusted EPS of $1.62 missed consensus of $1.65. Sales of $5.01 billion were up from $4.68 billion last year and higher than the consensus of $4.99 billion. "Our earnings were negatively impacted by significant inflation and supply-chain disruptions that increased our costs beyond what we anticipated," CEO Mike Hsu said in the statement. The company is raising prices to offset soaring commodity prices sparked by supply chain issues that are not likely abating anytime soon. "We are taking further action, including additional pricing and enhanced cost management, to mitigate these headwinds as it is becoming clear they are not likely to be resolved quickly," Hsu said.

Visit Our Sponsor https://silvertonmetals.ca/ (US: SVTNF) and (TSX-V: SVTN) According to Sprott Copper prices have also surged of late, but copper is not yet at the same multi-year high levels as other base/industrial metals, and it has certainly not yet seen the type of explosive move to new highs witnessed in some of the other commodities this year. It is, however, very close to making new all-time highs, BOTH the swap-dealing Banks AND the managed money hedge funds are net long COMEX copper contracts. The only side net short is the producer/hedgers. So if price suddenly spikes through $5.00, from where will the new contracts be issued to contain price? Maybe a few producers will hedge a bit more, but what incentive would The Banks or the funds have to step in the way and sell or short? None. Therefore, things could soon get disorderly in copper, and those $6 and $7 levels could come into focus quite quickly. In short, if copper eventually follows the base metals and the energy sector to new all-time highs, it is highly likely that COMEX silver will tag along for the ride since it's considered a "base metal", too. COMEX silver may not immediately extend to its own new all-time highs, but if copper is seen trading with a $6 or $7 handle, silver's not going to be at $23. The company owns 3 silver projects in Mexico, with Peñasco Quemado, being the flagship one! If the drilling program, which is based upon already successful holes drilled in the past, hits a mother lode, this stock will absolutely ERUPT! It's just so cheap today! Their second flagship asset, La Frazada, actually contains a number of minerals, not just silver, which makes it potentially even more exciting for a big company to purchase and take over --- this offers diversification into: copper, zinc, gold and lead. This type of deposit, called "Epithermal" is the HOLY GRAIL, when big discoveries are made on it. The biggest point of value proposition is that Silverton Metals' three properties were all owned by another company in the past. In 2016, when silver's price WAS EXACTLY the same as it is today, that company had a CAD$100M, compared with only CAD$20M for Silverton today! here lies the massive opportunity - same price of silver, same three assets: in 2016, these were worth CAD$100M, in 2021 {even after more drilling and advances} the value is only CAD$20M!

Subscribe to http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport Supply chain and inflation challenges may dampen seasonal cheer for some consumers, according to a report from Deloitte. The study forecast that, amid waning anxiety and stabilizing consumer sentiment, holiday spending will average $1,463 per household, up 5% from 2020 —with higher-income shoppers driving nearly all gains. Higher-income households are planning to spend five times that of lower-income households, the study found. Higher-income shoppers expect to spend 15% more than last year (averaging $2,624 per household). But lower-income groups plan to spend 22% less (averaging $536 per household). In addition, the percentage of overall consumers who do not plan to spend at all this season is 11.5%, more than doubling from 2020 (4.9%). Two-thirds of this non-spender group (65%) are from lower-income households compared to 12% from higher-income households. Deloitte noted that some pre-crisis behaviors are returning, such as experiences including socializing away from home, travel and entertaining at home. Overall spending is expected to increase 15% year-over-year, to $536 per household, accounting for more than one-third of holiday spending. Other highlights from the Deloitte survey are below. Consumers are more worried about inflation than retailers. More than two-thirds of consumers (68%) expect product prices to increase this holiday season compared to 53% of retail executives. Seven in 10 consumers (68%) expect higher prices this season compared to five in 10 retail executives. Lower-income shoppers expect to spend less based on inflation expectations, according to Deloitte. Optimism among retail executives is strong, as seven in 10 expect consumers to spend more year over year. However, six in 10 retail executives are worried about receiving their holiday orders in time. Three out of four consumers (75%) are concerned about stockouts, motivating consumers to begin their shopping earlier this year. Overall spending will increase across categories with 45% of households planning to spend the same or more on the holidays. Spending on gifts is forecast to be $501 per household, an increase of 3% since 2020, while non-gifts purchases will total $426 per household. Retailers are placing orders with confidence that consumers will be spending, as 33% of retail executives stated that holiday order volumes grew by double digits year-over-year.

Subscribe to http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport Coalfire pizza has been rated one of Chicago's best pizza places and they were unable to open due to the labor shortage. This past weekend, the restaurant couldn't open because it didn't have enough staff, according to a new report from Insider. It cost the owner about $5,000 in revenue, the report says. Dave Bonomi, the owner of Coalfire Pizza in West Town, wrote on Twitter this past Sunday: "We are closed today. I simply do not have enough people to open." "In nearly 15 years of selling pizza, this has never happened," he continued. In addition to not having enough staff, Bonomi said that applicants for jobs weren't showing up to scheduled interviews. He attributes the no-shows to restaurants having a toxic reputation as places to work due to harassment from customers and low pay. Some of Coalfire's staff had already left for higher-paying jobs at larger restaurant chains. Coalfire increased its starting salary for cooks to $18 per hour from $15 per hour in response. Coalfire had already been "running on fumes" with a skeleton staff, Bonomi said. These problems got worse during the p*******, he said, noting that the p******* and the ensuing shortage was like "nothing I've ever seen".

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport The latest data from Manheim shows how the Bureau of Labor Statistics' September print for used cars and trucks index is about to soar. The Manheim U.S. Used Vehicle Value Index increased 8.3% in the first 15 days of October compared to September. From a year ago, the index is up a whopping 37%. there is also trouble for aluminum, used in engine blocks, transmission cases, frames, paneling, and much more, could be in short supply in the months ahead. So for the next CPI print, expect used car prices to be hot. Federal Reserve Gov. Randal Quarles on Wednesday warned that additional government spending being contemplated could lead to “transitory” inflation continuing for too long. The Labor Department reported that the consumer price index, a key inflation gauge that measures how much Americans pay for goods and services, rose about 0.4 percent in September. The year-over-year prices increased 5.4 percent, which some noted is the largest yearly increase since January 1991. Quarles acknowledged that inflation is currently running at more than twice the Federal Open Market Committee’s (FOMC’s) longer-run goal, yet he said he was, “not quite ready to conclude that this ‘transitory’ period is already ‘too long.'”

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport Morgan Stanley's chief commodity strategist Martijn Rats writes that the global oil supply is likely to peak even earlier than demand. And as prices search for the level at which demand erosion kicks in, he is increasing his Q1 2022 Brent forecast to $95/bbl, while also lifting his long-term forecast from $60 to $70/bbl. The note from the Morgan Stanley commodity strategist focuses on arguably the two key drivers in the oil market: peak demand and peak supply. As Rats explains, while the planet puts boundaries on the amount of carbon that can safely be emitted - and therefore, oil consumption needs to peak - this is such a well-telegraphed prospect that it has solicited its own counter-response already: low investment (especially in conjunction with ESG pressures to curb fossil fuels). The question has therefore become: which will actually peak first? Supply? Or demand? We are experiencing the early phases of runaway inflation. On what seems like a daily basis, we observe critical inputs into our economy going vertical in price. If you crimp the supply of critical inputs with no workable plan to replace them, inflation is the unavoidable outcome. Energy is stuff. Energy is life. What’s the price elasticity of demand for life, and who can afford to pay it?

Subscribe to http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport A school district just north of Montgomery, Alabama, informed parents in a Facebook post that their food vendors are experiencing "supply chain issues" that have led to no food deliveries, and some area schools might not be able to feed kids, according to The Birmingham News. Alexander City Schools urged parents to feed their children before school or bring snacks due to the lack of food at schools. "As you know, breakfast and lunch is served daily in our schools. In previous weeks we have not received our food deliveries due to suppliers who are short on supplies, drivers and even warehouse employees," school officials said in a Facebook post on Saturday. "Breakfast may be impacted more so than lunch in the coming weeks. If possible, we ask that you feed your student breakfast prior to school or try to send a snack," the officials continued

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport Food is a major issue for everyone seeing how it's essential for life. The UN recently came out explaining the faults of our food supply system are it's being private. They suggested the only way to fix these issues is for a more centralized approach to the global food supply, this means they will control all food on earth under the stated intention of stopping hunger. My greatest concern is most of their projects fail and when it comes to food it could have major social implications moving forward. All of this conversation makes me suspicious about the entire story about why the shelves are empty.

In the year 2000 gold was trading for $250 an ounce, On March 13th, 2008, for the first time ever, gold was quoted at over $1,000/ounce. Since that time, it has never returned. One year ago, on August 4th, 2020, it broke above $2,000/ounce for the first time. Ralph Shearing and David Rhodes have put a master plan in motion with the idea of achieving a remarkable vision. Today, after seeing exactly how it's progressing thus far, I'm making Altaley Mining (TSX-V: ATLY & US: ATLYF) my top gold mining expansion company for this decade! Ralph is the co-founder, CEO, and president of Altaley Mining (US: ATLYF). David Rhodes, who is an absolute legend, in my experience, is the chairman of the company. What they're implementing, along with their team, is going to be studied in the years ahead by competitors, in my opinion, since it's groundbreaking! For one, the company's new management team has already turned the existing zinc mine into a profitable one with a Q2 2021 all-in sustaining cost of less than $1.00, but the genius of their blueprint is that by using trademarked technology, they're planning to increase the gold and silver recovery of the mine and actually turn it into a precious metal one!! Take a look; what the company aims to do is use a process that might result in improvements that potentially increase gold and silver recoveries by 400% and 200%, respectively! The already operating Campo Morado mine is the 6th-largest zinc concentrate producer in Mexico. With this plan, using the Leachox™ process, the efficiencies could be in the triple-digit range! What's most astounding to me is that the company is trading at only 2.7x EV/EBITDA (2022E), which is 75% below other Mexican metal producers, so this is the time to conduct your due diligence on Altaley Mining Copropation!

Subscribe to grow at home http://youtube.com/c/growathome follow our our backup channel http://bit.ly/odyseesru Follow Us On Telegram http://t.me/silverreport http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport Sept. 24 saw the highest amount spent on fuel in a single day since Lloyds Bank records began, analysis of customers’ debit cards shows. The peak fell the day after BP and Tesco closed some filling stations due to problems with fuel delivery. Across the UK, people spent a fifth (20 percent) more at petrol stations in the past two weeks, compared with the two weeks before, the bank said. Sept. 24 saw the bank’s debit card users spend 125 percent more on fuel than on the same day in 2019, and the highest amount since records began in April 2014. The East Midlands saw the biggest increase in fuel spending in the last two weeks compared with the two before, up 24 percent, followed by the West Midlands (23 percent), and the south east (22 percent). This was followed by Yorkshire and Humber (20 percent). Wales and Scotland saw the lowest increases, at 14 percent and 15 percent respectively, followed by London and the south west on 19 percent. However, the bank said there were signs that demand for fuel was easing. Week-on-week spending across the UK has fallen by almost a third (31 percent), with the number of transactions down 20 percent. Only three regions, all in the south and east, saw drops of less than 30 percent. Londoners’ spending on fuel fell just 20 percent, the lowest of any region, followed by the south east (21 percent) and east of England (25 percent). The energy crisis is bleeding into other parts of the commodity space, such as industrial metals, as smelters from Asia to Europe are knocked offline, resulting in a tightening supply with prices for zinc at 14-year highs. Zinc jumped as much as 7% on the London Metal Exchange to the highest levels since 2007 after producer Nyrstar announced plans to halve output at three European smelters due to soaring energy prices.

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport New car prices hit a new all-time high in September due primarily to snarled supply chains, according to Kelley Blue Book. At $45k, the average transaction price for a new car was up 12.1% (or $4,872) from one year ago in September and monthly up 3.7% (or $1,613) from August. Here are car prices for individual carmakers. "The record-high prices in September are mostly a result of the mix of vehicles sold," said Kayla Reynolds, an analyst for Cox Automotive. "Midsize SUV sales jumped in September compared to August, and full-size pickup share moved up as well. Sales of lower-priced compact and midsize cars, which had been commanding more share during the summer, faded in September," Reynolds said. All-time-high prices come as the entire industry endures a slowdown in sales. Total sales last month were approximately a million cars, a 7.3% monthly decrease, and one of the lowest volumes in the past decade. Dwindling sales are likely a function of two things, a worldwide shortage of microchips that have shuttered many automobile factors and possibly higher prices are creating demand destruction among buyers. Over the last year, dealership inventories have been tight due to supply chain difficulties and forced dealers to reduce incentives and discounts to prospective car buyers. Incentives were only 5.2% of the average transaction price last month, compared with 10% a year ago. propane costs are forecasted to rise by 54%, heating oil costs to rise by 43%, natural gas costs to rise by 30%, and electricity costs to rise by 6 percent. And with natural gas consumption projected to rise by 3% this winter, households are expected to spend $746 this winter, up from $573 last winter. The increase in natural gas heating costs varies by region with the Midwest U.S. leading the price hike at a 45% increase from last winter, and the Northeast expecting a hike of 14%. Nearly half of all U.S. households use natural gas as the primary source of heating. Households relying on heating oil over winter will spend $1,734 over winter, relative to $1,212 last winter. Houses in Northeastern regions will be more affected by the price hike as nearly one in five homes in the region rely on heating oil as their primary source of space heating. The projection is based on the Brent crude oil price, which helps determine the prices of U.S. petroleum products. “The higher forecast Brent crude oil price this winter primarily reflects a decline in global oil inventories compared with last winter as a result of global oil demand that has risen amid restrained production levels from OPEC+ countries,” according to the EIA.

Subscribe to grow at home http://youtube.com/c/growathome Follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport California just passed a new law on Sunday to ban all off-road gas-powered engines. The new law requires the state to apply the new rule by Jan. 1, 2024, or as soon as regulators determine is “feasible,” whichever date is later, according to the bill. The Governor said: “In a time when the state and country are more divided than ever, this legislative session reminds us what we can accomplish together. I am thankful for our partners in the state Legislature who furthered our efforts to tackle the state’s most persistent challenges – together, we took action to address those challenges head-on, implementing historic legislation and the California Comeback Plan to hit fast forward on our state’s recovery,” Andrew Bray, vice president of government relations for the National Association of Landscape Professionals, argued the zero-emission commercial-grade equipment landscapers will be far too expensive. “These companies are going to have to completely retrofit their entire workshops to be able to handle this massive change in voltage so they’re going to be charged every day,” Bray said, according to a Los Angeles Times report Saturday. The change could strongly impact small businesses in landscaping and related industries. In addition to increased costs, the change could result in other unexpected problems, such as the need to carry charged batteries. “Bray said a three-person landscaping crew will need to carry 30 to 40 fully charged batteries to power its equipment during a full day’s work,” according to the report

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport This videos is a little different because lately I have been troubled by some of what we've seen happening in our economy. These changes go beyond just economic ramifications because there are huge social adjustments that are being made. Another concern I have is this attempt to change everything at once which could lead to unexpected consequence for the business climate in America. At the same time major corporations can do anything they want because they keep getting bailouts from the Fed.

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport A new report released Thursday from the Real Estate Board of New York outlines how 30% of 311 storefronts in retail areas around Midtown East and Grand Central are vacant, which is more than double the historical rate. The report also said Madison Avenue had a retail vacancy rate of 28% among 289 stores. Rob Byrnes, president of the East Midtown Partnership said "the data underscores the critical need for workers to return to their offices." "With every passing day, our retail and dining sectors suffer, resulting in vacant storefronts and lost jobs," Byrnes said. Kastle Systems, whose electronic access systems secure thousands of office buildings across NYC, showed that only 29% of workers were back at their desks in late September meaning with all the enthusiasm about New Yorks big come back it seems to be a delayed acceptance of the inevitable.

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport While the US has one one of the highest median incomes in the entire world, with only three countries boasting a higher income, it is who gets to collect this money that is the major problem, with just a 50% share of the population in middle-income households, the US is now in the same category as such "banana republics" as Turkey, or China. Even Mexico has a more robust middle class. since November 2019 it has only gotten worse... much worse because as a result of the unprecedented wealth redistribution unleashed by the feds interventions, America's has truly cemented its banana republic status as the wealth of the top 1% exploded as a direct result of the Fed pumping trillions into the stock market and levitating asset values, while the lower and middle classes stagnated. the latest US record household net worth number, which hit an all time high of $142 trillion or up $31 trillion since they began printing money, we showed that it would be great if this wealth increase was spread evenly across most Americans, but unfortunately, most Americans have not benefited from recent gains in wealth. Indeed, the latest data as of Q1 shows that the top 1% accounts for over $41.5 trillion of total household net worth, with the number rising to over $90 trillion for just the top 10%. Meanwhile, the bottom half of the US population has virtually no assets at all. On a percentage basis, just the Top 1% now own a record 32.1% share of total US net worth, or $45.6 trillion. In other words, the richest Americans have never owned a greater share of US household income than they do, largely thanks to the Fed. Meanwhile, the bottom 50% own just 2% of all net worth, or a paltry $2.8 trillion. They do own most of the debt though

Subscribe to our backup channel http://bit.ly/backupchannellbry http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport Industry insiders warn that winter blackouts across the US are possible as low fossil fuel stockpiles may lead to shortages amid heightened demand. The latest concern is ultra-low stockpiles of heating oil (distillate fuel oil). In the winter of 2019–2020, about 5.5 million households used heating oil as their primary heating source, and 81% of those households were in the Northeast. Energy Information Administration (EIA) reports there are only 31.2 days of the demand for heating oil, the lowest levels since 2000. Which is strikingly low considering we are heading into colder temperatures. Another shocker is the number of nations going completely dark. On Saturday the entirety of Lebanon was plunged into darkness, with the electricity grid shut down completely after the small Mediterranean country's two main power stations reportedly ran out of fuel. "The al Zahrani and the Deir Ammar power stations stopped working after supplies of diesel were apparently exhausted, and energy production dropped to below 200 megawatts," Sky News reports. A Lebanese official has confirmed to Reuters that the blackout is expected to last multiple days. "The Lebanese power network completely stopped working at noon today, and it is unlikely that it will work until next Monday, or for several days," the official said.

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport An increasing number of shipping companies are abandoning their own vessels over mounting debts including older vessels deemed too costly to repair has led to the rise in the phenomenon of crewmembers simply being abandoned at sea, often left to fend for themselves as they await pay which sometimes never comes. A Friday investigative report in The Wall Street Journal has detailed some of the shocking stories of tanker crew members left adrift after companies abandoned vessels or sold or transferred them, or couldn't pay mounting debts, while trying to survive oftentimes on little food even while moored close to resort locations in places like Dubai - or in other cases floating off the Suez Canal or at Black Sea ports. "The $14 trillion shipping industry, responsible for 90% of world trade, has left in its wake what appears to be a record number of cargo-ship castaways," the report begins. "Abandonment cases are counted when shipowners fail to pay crews two or more months in wages or don’t cover the cost to send crew members home, according to the International Maritime Organization, more troubling the gov is reportedly weighing whether to use an executive order to set up a new federal regulatory framework for the fast-growing crypto market. It's also reportedly exploring the possibility of appointing a crypto czar. According to Bloomberg, the draft directive "is part of an effort... to craft a sweeping strategy for digital tokens, which have become a growing concern for regulators as they’ve become wildly popular with average Americans."

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport The energy crisis that is hitting Asia and Europe could unleash electricity shortages and blackouts in the U.S., according to Bloomberg. Ernie Thrasher, CEO of Xcoal Energy & Resources LLC., told energy research firm IHS Markit that U.S. utilities quickly turn to more coal because of soaring natural gas prices. "We've actually had discussions with power utilities who are concerned that they simply will have to implement blackouts this winter," Thrasher warned. He said, "They don't see where the fuel is coming from to meet demand," adding that 23% of utilities are switching away from gas this fall/winter to burn more coal. A big issue is there isn't enough coal miners and trained workers left to meet the insane demand which could put further pressure on prices.

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport The benchmark European gas prices continue their rally this week, surging to new record highs on Tuesday to an equivalent of $230 a barrel oil, amid a wider energy commodity rally driven by supply concerns ahead of the winter. The gas price at the Dutch TTF hub, the benchmark gas price for Europe, soared on Tuesday to above 100 euro per MWh for the first time ever, as gas and coal prices rally in Europe and Asia and as nuclear power generation in France fell due to a strike. The energy crisis continues to worsen, and there is no immediate relief in sight, analysts say. "Everything looks set for another week of price climbs, as the fiercely nervous sentiment on the market continues due to fears of reduced supply during the winter. The most traded contracts on the important Dutch TTF hub once again climbed to all-time highs, and could easily continue the uptrend today," Energi Danmark said in a note on Tuesday. According to Ole Hansen, Head of Commodity Strategy at Saxo Bank, the Dutch TTF gas benchmark traded in the morning in Europe up 12 percent on the day at €106.3/MWh, equivalent to $36/MMBtu or $205 per barrel of crude oil.

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport Shares of Amplify Energy crashed as much as 50% in premarket and is down 40% in the US cash session after its subsidiary, Beta Offshore, experienced a leak in its pipeline off the coast of Huntington Beach, Orange County. Amplify shares are set to record the worst ever daily decline in the company's five-year trading history A company statement said operations at the Beta Field had been shut down as a precautionary measure, and an Oil Spill Prevention and Response Plan has been initiated as city authorities for Huntington Beach, which is a beach town within Orange County, estimates 126,000 gallons of oil leaked from a broken underwater pipeline, covering beaches and wetlands with crude. Seven sources with direct knowledge of the matter told Reuters that the world's top commodity trading houses are being told by brokers and exchanges to deposit hundreds of millions of dollars in extra funds to cover their exposure to soaring gas prices. Glencore, Gunvor, Trafigura and Vitol are among the commodity merchants facing massive margin calls on their positions in natural gas markets across Europe and US. According to reports, it appears the trading shops have all been hammered by a spread (or arbitrage trade) gone wrong. For years, the prices of European (red) and US natural gas (green) have traded within a well-defined range. When the spread between the two reaches one extreme or the other, you buy one and sell the other - easy, right? So as European NatGas prices surged in Q2, it reached a notable extreme relative to US NatGas, prompting traders to instigate the strategy of selling European Gas and Buying US Gas in the hopes the spread compresses. The strategy backfired last month when European gas prices soared due to a variety of factors including low inventories, high demand for gas in Asia, low Russian and LNG supply to Europe, and outages.

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport The National Restaurant Association (NRA) penned a letter about the restaurant industry's dire situation heading into the fall season. They said the "struggling restaurant industry is of grave concern to us." The association included a new survey of the industry's economic conditions and concluded the "state a recovery from the ******* will be prolonged well into 2022." They warned: "the majority of full-service and limited-service operators say business conditions are worse now than three months ago." Some key findings from the survey are 78% of operators say their restaurant experienced a decline in customer demand for indoor, on-premises dining in recent weeks. 63% of operators said their sales volume in August, historically one of the busiest months for restaurants, was lower than it was in August 2019. Costs are up – 91% of operators are paying more for food; 84% have higher labor costs; 63% are paying higher occupancy costs, but profitability is down – 85% of operators reported smaller margins than before. Although the industry has added back many of the jobs lost during the pandemic, 78% of operators say their restaurant doesn't have enough employees to support current customer demand. 95% of restaurant operators say their restaurant experienced supply delays or shortages of key food or beverage items during the past three months.

Subscribe to grow at home http://youtube.com/c/growathome follow our backup channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport Soaring gas and electricity prices are getting worse by the day, forcing a vast network of Dutch glasshouses to limit output or go entirely dark. This could have a devastating impact on food supplies and boost prices ahead of the holiday season. This comes at a time when global food prices are already at a record high. The Netherlands has become an agricultural giant and is the world's second-largest exporter of food by value, primarily thanks to its 25,000 acres of greenhouses that supply Europe with vegetables like cucumbers, tomatoes and bell peppers, and flowers. In 2020, Dutch exports of greenhouse-produced farm products amounted to $10.7 billion, but this year could be much less as expensive nat gas and power prices result in some operations going dark. If you caught yesterday's episode we brought up how the exact same thing was happening in other countries. NYC restaurant industry is on it's last legs, an interesting story is pre-crisis O’Donoghue’s Pub and Restaurant was a successful business that has been open for 10 years in Times Square, Manhattan. Fergal Burke, the owner of O’Donoghue’s noticed that his business has seen “a massive drop,” since the new rules came into effect. “We don’t have the money here to survive without the help of our landlord, [who] has been very supportive and has been giving us breaks on the rent, but without our landlord, we would not be in business,” Burke also said He needed to hire another person to be at the door checking, which increased his expenses. Comparing the clientele from before new rules which kicked in about two weeks ago, “Our business is definitely down 50, I’m going to say 60 percent,” Burke said with a somewhat downhearted tone. “There’s just not people coming into the restaurant, they have the fear of being asked for *******.”

Subscribe to grow at home http://youtube.com/c/growathome follow our backup SRU channel http://bit.ly/odyseesru http://silverreportuncut.com Subscribe to the SRU podcast http://soundcloud.com/silverreport http://silverreportuncut.podbean.com Follow Us On Telegram http://t.me/silverreport & https://parler.com/profile/silverreport/posts anyone can post on our public group http://t.me/silverreportforum Ad revenue is down almost 70%, it's viewers like you who help keep the sru coming! you can donate via crypto at our website or consider supporting our work on http://buymeacoffee.com/silverreport https://www.patreon.com/silverreport A newly emerging risk that many have missed and could catapult food prices even higher this fall/winter is China's difficult harvest season as power curbs hurt the outlook for production. Autumn harvest has begun for the world's second-largest economy amid power constraints in at least 20 Chinese provinces and regions, making up more than 66% of the country's GDP. Some of these regions are industrial hubs that have key manufacturing plants. Among the worst-hit are industrial hubs in China's northeastern heartland, such as Jilin, Liaoning, and Heilongjiang, where most of the country's corn and soybeans are grown. "The crisis is stoking concern that China will have a tough time handling crops from corn to soy to peanuts and cotton this year after some plants were asked to suspend or cut output to conserve electricity," Bloomberg said. Already, the power crunch has forced soybean processors in northern regions to shutter operations. There's a big concern the electricity crunch could slash operating rates of corn processors that make products like starch and syrup, Chinese brokerage Huatai Futures warned. Futures Daily, a state-backed media, said the power crunch "will affect the supply and prices of agricultural products, which is a matter of importance for the national economy and people's livelihood."

Subscribe to grow at home http://youtube.com/c/growathome Follow our channel on odysee http://bit.ly/odyseesru Follow us on telegram http://t.me/silverreport Following a boring September crypto prices are roaring higher this morning to start Q4. Bitcoin is up over 10% - its biggest surge since July, topping $48,000... Ethereum is also surging higher, topping $3260 Visa announced on Thursday the outlines for what it calls a "universal payments channel" that will facilitate transactions between various stablecoins and central bank digital currencies (CBDCs). As part of developing the UPC concept, Visa has also deployed its first-ever sample smart contract on Ethereum's Ropsten testnet. The smart contract shows a payment channel that accepts both ether (ETH) and the USDC stablecoin. Ultimately, Visa aims for UPC to serve as a "network of blockchain networks" to move digital currencies around