Party down the street and it is keeping everyone awake. What do neighbors do . They call Law Enforcement because its too noisy. Is just like a noise ordinance. Any more than six people over for turkey could be big fines or jail time. Yes or going to rot in prison, catch culvert and die. Good stuff cates. Some officers that they will refuse to knock on any doors. Same goes here in new york where a handful of sheriffs have publicly said they will not a big governor Andrew Cuomos lockdown orders. And boy is andy furious. In california people are protesting all over the golden state. And in the streets over Gavin Newsoms strict new curfew. He got to stay home from 10 00 p. M. Until 5 00 a. M. Or it is lights out sally pay less or walking your dog or grabbing a frozen dinner from the grocery store. In a few minutes ill talk to a los angeles Restaurant Owner who is getting killed by all the rules there. It is awful. But at the end of the day its about freedom and individuals. We have to be s
Now at 11, local Health Officials showing deep concern with the covid spread. Hospitalization rates can go up in the blink of an eye. Plus, could president elect widens bumpy road to the white house make a big impact on the countrys battle with the coronavirus . After a beautifully sunny day, ive got more rain coming back. It will get here on tuesday hurried we will time this out and talk about amounts coming up. Our top story at 11 and streaming on cbsn bay area, new stern warnings from doctors is the holidays inch closer. The u. S. Has surpassed 11 million total covid cases, the staggering milestone was reached six days after the u. S. Had 10 million cases. Nationwide nearly a quarter Million People have died from the disease. Here in california more than 1 Million People have been affected with covid and with the holidays around the corner there is new concern today. Joe vasquez with the warning from one Bay Area Health official. Reporter the bay area has done that are the most lace
E o. 1 of bloom borer this is really amazing. So whats happening is that the value that goal possesses as a store of value is being diminished by bitcoin because bitcoin is a superior store of value in many, many, many ways as weve mentioned over the years. And so therefore, gold would be training more for its value as jewelry ornamentation or maybe some electronic is which would imply there are just a gold price of maybe 2 to 3 100. 00 an ounce, not 18 or 1900. 00 an ounce. And gold is the new aluminum. Wow. Thats like Robert Prechter style prediction, price prediction there that hes been predicting for the last, like 30 years. Well, i mean, if you look at so versus over has no longer been useful as a monetary metal. And the price has been lackluster to say the least. Gold is becoming very least the new silver, while bitcoin becomes the new gold, its really difficult to discern what is just for the store of value price movement. And what is all the money printing going on . Because th
Back in the late 1990 s. That it would get to 36000. Right. And that was famously a bad call because it crashed down to very far down after that. Well, the metrics that the government used for inflation are very skewed. So in other words, the stock market is reflecting inflation and the u. S. Dollar is experiencing a hyper inflationary collapse against big coins. And what these financial engineers have done like harry cohn and the others on wall street and around the world is they have financially engineer the world so that when they print the money, it doesnt go down the path toward wage growth. All those paths are cut off using Financial Engineering pretty much the wages dont go up and then they look at that and they say, look, theres no inflation, we better print more and then the wages dont go up anyway. Those, those people are still in poverty stricken, but oh, the asset prices of stocks, they keep on going up. We dont know why that is. It seems like an anomaly. We just made anoth
Very least the new silver, while bitcoin becomes the new gold, its really difficult to discern what is just for the store of value price movement. And what is all the money printing going on . Because there is a lot of money printing going on. I see that stephanie calton was recently tweeting that she was speaking with gary cohn, who is, you know, an insider, former Goldman Sachs guy whos, you know, becomes part of governments, especially democratic governments. And he says like, theyre ready to print 2 trillion immediately upon biden taken office, and then another 3 chile in the 1st year. Theyre also talking about a trillion in Debt Forgiveness for students who, you know, the stock markets also finally hit 30000. This was something that was predicted back in the late 1990 s. That it would get to 36000. Right. And that was famously a bad call because it crashed down to very far down after that. Well, the metrics that the government knew is inflation are very skewed. So in other words,