Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-52niw-132a99b
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
Photo Credit: Video posted at Wall Street Silver via LinkedIn 11/30/22 / IANS | London
Thanks to Jim Lewis at Wall Street Silver for the video Jim posted on LinkedIn today that documents the admitted decreasing efficacy of the jab. This video quickly and clearly chronicles the agenda and storytelling in the mainstream media narrative. Brilliant! Make sure to have the sound ON! Watch here.
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-99s2f-13290da
tan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
From the article: …’The Informed Consent Action Network (ICAN) has been fighting for nearly two years to receive five excel sheets with adverse side effect data from the CDC. It is clear why they hid the information. The CDC continually fails to be transparent with the public, and did not even place symptoms that could indicate myocarditis or pericarditis in their survey.’…
https://www.armstrongeconomics.com/world-news/corruption/cdc-caught-manipulating-data/
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-tibbw-132831d
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-v84wv-1326475
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
By Stan Szymanski
The corrupted cataclysmic carnival crash of cryptocurrency embodied in the FTX debacle is not something that one can yet, codify.
On Tuesday we got our first glimpse into the forensic effort to see exactly what happened to the money. A Zero Hedge article (courtesy of WSJ and Bloomberg) details the synopsis of the first day of the bankruptcy hearing in the case of FTX. The highlights include:
-…’A “substantial amount” of failed crypto exchange FTX’s assets is missing and may have been stolen’…
-…’FTX was in the control of inexperienced and unsophisticated individuals, and some or all of them were compromised individuals’…
-…’FTX’s rapid downfall triggered an "unprecedented" bankruptcy, causing many standard procedures, such as this hearing, to be delayed.’…
-…’Information about FTX’s biggest creditors will remain redacted for now.‘…
-…’FTX expanded the number of affected customers and creditors from a "million" to millions.’…
I share all of this with you for two reasons. First, it becomes abundantly clear that all the facts about what happened to the FTX money/assets have yet to be discovered. The fact that …’Information about FTX’s biggest creditors will remain redacted for now.‘… highlights the fact that the public will be kept in the dark about who was involved, how much were they involved, what happened to the FTX that was in their possession and did they use that crypto to employ leverage (borrowing from crypto or traditional lenders) in order to make even bigger bets-either in crypto or other markets?
Secondly, and more importantly, the fact that FTX is entwined with crypto lenders like Genesis Trading who are now on the doorstep of bankruptcy themselves, gives the ominous thought as to ‘just how big can this problem get’?
When theft, bankruptcy, millions of customers, use of margin and the involvement of potentially an almost incalculable amount of derivatives collide, a calamity of generational proportions fills the air, our vision and the screens in front of us.
In order to get the complicated and serious answers to the important questions in front of us, I reached out to Financial and Precious Metals expert, Mr. Bill Holter.
Bill Holter worked as a Stockbroker for 23 years and as a Branch Manager for 12 of those at A. G. Edwards. Bill had a multi year collaboration with precious metal legend Jim Sinclair and after writing for them, Bill still represents Miles Franklin as a precious metals broker.
Bill, liquidity is a real issue. Janet Yellen recently alluded to the fact that there are no buyers for long term treasuries. During the last month the Japanese 10 year Benchmark JGB did not trade for four consecutive trading sessions. When investors don’t want to buy long term, supposedly high quality 1st world debt, they are either opting for other credits or just staying out of the way. Does this mark a pending implosion of the credit markets? If so, what effect has the central bank money printing had and what effect does this type of market activity have on the derivatives market for these securities?
What Janet Yellen is talking about here is "monetization" without using the word itself. She describes a situation where there are no natural buyers for Treasury debt which forces the central bank to act as the buyer of last resort. In effect, the left hand (Treasury) issues bonds and the right hand (Fed) is forced to buy as no one else will. History is full of illustrations of outright monetization, in each instance the currency ended up becoming worthless. I would ask, how is liquidity a problem after global central banks created $ trillions of debt/money supply during Covid? The answer is simple, we are now in a place where the global debt outstanding is unpayable because the money supply outstanding falls far short of what is needed to pay principal and interest. As for derivatives, this is over a $2 quadrillion market which dwarfs ALL central banks combined ability to come to the rescue once they break.
What is your impression of the role that margin plays in the derivatives market and are we starting to see the possibility of something akin to cascading collateralized derivatives defaults? How fast can it happen and how big can the problem get?
As I mentioned, derivatives are many multiples larger than central banks combined. With inflation front and center, central banks have been forced to aggressively raise rates ...on to a system that is grossly over leveraged ...a deadly combination. Worse, all derivatives are originally created with an interest rate assumption, the much higher current rates have surely created margin calls. To this point the margin calls have been hidden-once they become public, the realization will hit hard that the entire system is being margin called. The collapse can (and I believe will) happen overnight. Most likely from a Friday close to a Monday where markets cannot open.
Because of the FTX debacle, is there an unfolding situation with margin calls with investors who either used leverage with traditional securities to buy FTX who borrowed money directly from a traditional bank or perhaps from a crypto lender (like Genesis Trading (who received $140 million equity infusion from their parent Digital Currency Group the day after the FTX bankruptcy filing) (https://genesistrading.com/)?
We now know this situation was a fraud from day one. I believe FTX is only the tip of the iceberg and will spread through the crypto exchanges and ultimately the cryptos themselves like the Black Plague. What was touted as a way to avoid fiat currencies, will ultimately end up being a roach motel.
How much leverage and how much danger is involved with the activity of crypto lenders/hedgers who have been engaged in things like using margin/debt/crypto/derivatives to engage customers in risky yield strategies (such as https://genesistrading.com/yield-services) among other risky things they might be doing?
I do not know the total size of lending, but we already see it was too much in relation to the now much lower values of the crypto currencies themselves. Margin is a double-edged sword, it speeds the movement upwards which feels good, margin also accelerates the downside and exposes fraud. Ironically, the failure of lending in the crypto arena will very likely expose the system as a whole. There is more debt outstanding (not to mention derivatives) than can ever be repaid, a ‘global margin call’ will expose this mathematical certainty. As always, margin calls will expose the fact that collectively the world is swimming naked. Margin calls (ultimately created by higher interest rates) will act like the tide viciously going out!
Bill, what should people be doing right now?
Do the best you can to become as self sufficient as possible. No one knows how bad things will get, nor which ‘services’ will no longer be available. The powers that be have already told you their plans, it will be best in the future if you do not need to rely on these powers as they do not have your best interests at heart!
Bill, thank you so much for being so generous with your time and the wisdom of your insights. It is appreciated.
———-
If you appreciate this article can you consider a gift to Encouraging Angels for the intelligence we provided today? Click this link to give. We need the support. Links to this article are encouraged. Reproductions of this writing are only allowed by written permission of the author.
All rights reserved.
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
Further confirmation…
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
by Stan Szymanski
Photo Credit: Family Policy Institute Of Washington (https://www.fpiw.org/blog/2021/11/24/george-washingtons-thanksgiving-proclamation/)
This is a re-posting of this article I originally posted at this time last year.
Many thanks to Danny at Deep South Homestead for his podcast on George Washington’s Thanksgiving Proclamation of October 3, 1789.
After reading this profound and yet succinct declaration it is indeed sobering to realize just to what depths that These United States have fallen. It is God who gives us our sustenance. It is God who for so many years has rendered mercy for a sometimes stiff necked people. And because where the Lord is, there is liberty:
“Now the Lord is that Spirit: and where the Spirit of the Lord is, there is liberty.”
2 Corinthians 3:17 KJV
https://bible.com/bible/1/2co.3.17.KJV
Please prayerfully consider what God has done for you, your family, your community and your nation before you enjoy the bounty of a Thanksgiving meal. Please pray for those that have no one and no where to go. Pray for the disabled/special needs as in my experience many who live in institutions have -no one- who will come to see them on America’s holiday. Give special thanks to God and to our servicemen and servicewomen who have protected our country since its inception. Please also prayerfully consider below George Washington’s Thanksgiving Proclamation of October 3, 1789 as you literally ‘give thanks’:
___________________________
Please refer to our proviso at the end of the article regarding any reproduction of this writing and consider a donation to Encouraging Angels today.
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From: Founders Online
Thanksgiving Proclamation,
3 October 1789
Thanksgiving Proclamation
[New York, 3 October 1789]
By the President of the United States of America. a Proclamation.
Whereas it is the duty of all Nations to acknowledge the providence of Almighty God, to obey his will, to be grateful for his benefits, and humbly to implore his protection and favor—and whereas both Houses of Congress have by their joint Committee requested me “to recommend to the People of the United States a day of public thanksgiving and prayer to be observed by acknowledging with grateful hearts the many signal favors of Almighty God especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness.”
Now therefore I do recommend and assign Thursday the 26th day of November next to be devoted by the People of these States to the service of that great and glorious Being, who is the beneficent Author of all the good that was, that is, or that will be—That we may then all unite in rendering unto him our sincere and humble thanks—for his kind care and protection of the People of this Country previous to their becoming a Nation—for the signal and manifold mercies, and the favorable interpositions of his Providence which we experienced in the course and conclusion of the late war—for the great degree of tranquillity, union, and plenty, which we have since enjoyed—for the peaceable and rational manner, in which we have been enabled to establish constitutions of government for our safety and happiness, and particularly the national One now lately instituted—for the civil and religious liberty with which we are blessed; and the means we have of acquiring and diffusing useful knowledge; and in general for all the great and various favors which he hath been pleased to confer upon us.
and also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech him to pardon our national and other transgressions—to enable us all, whether in public or private stations, to perform our several and relative duties properly and punctually—to render our national government a blessing to all the people, by constantly being a Government of wise, just, and constitutional laws, discreetly and faithfully executed and obeyed—to protect and guide all Sovereigns and Nations (especially such as have shewn kindness unto us) and to bless them with good government, peace, and concord—To promote the knowledge and practice of true religion and virtue, and the encrease of science among them and us—and generally to grant unto all Mankind such a degree of temporal prosperity as he alone knows to be best.
Given under my hand at the City of New-York the third day of October in the year of our Lord 1789.
Go: Washington
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DS, CStbK; DS, DLC:GW; copy, sold by Christie, Manson, & Woods, International, 21 Oct. 1977. The proclamation was also printed as a broadside. Copies of the broadside are at Harvard University, Yale University, and the Pierpont Morgan Library. Other copies are owned (1992) by Marshall B. Coyne, Washington, D.C., and Ralph Geoffrey Newman, Inc., Chicago.
For background to this document, see Circular Letter to the Governors of the States, 3 Oct. 1789, n.1.
———-
If you appreciate this article can you consider a gift to Encouraging Angels for the intelligence we provided today? Click this link to give. We need the support. Links to this article are encouraged. Reproductions of this writing are only allowed by written permission of the author.
All rights reserved.
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
I guess that we didn’t know that people who are allegedly responsible for the loss of billions of customer assets get to go to large speaking engagements with politicians, take advantage of US bankruptcy laws and apparently remain unquestioned by a supposedly responsible and unbiased legal system. Howls of outrage indeed…
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
I post this because, in my humble opinion, the other side of the story about the war in the Ukraine must be told to balance the onslaught of the propaganda from the mainstream media of the west.
From the Armstrong blog post: …’This war will NOT be confined to just Ukraine you can watch it on TV as if it is some video game.’…
https://www.armstrongeconomics.com/international-news/ukraine/ukraine-supporters-denial-of-history/
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.zerohedge.com/covid-19/how-money-gates-and-ftx-bought-scientific-silence
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
The EA Podcast will be on a Thanksgiving break until Monday November 28, 2022
https://www.podbean.com/ew/pb-7vna4-131e956
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
By Stan Szymanski
Two weeks ago in ‘Are the SEC and The Federal Reserve Part of the Story of Bankrupt FTX? Derivatives Become an Issue’, I mentioned that Crypto lending and trading concern Genesis Trading had $175 Million of its derivatives business tied up in an FTX trading account. At the time, Genesis said…’our operating capital and net positions in FTX are not material to our business’. On the same day I posted that writing, Genesis was given an ‘equity infusion’ by its parent (DCG) as I wrote Last week in ’Crypto Conglomerate Digital Currency Group (DCG) is at the Epicenter of the Cryptocurrency Earthquake’:
…’The lending arm of crypto investment bank Genesis Global Trading is temporarily suspending redemptions and new loan originations in the wake of FTX’s collapse, Interim CEO Derar Islim told customers on a call Wednesday.’…(Coindesk ‘Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse’ 11/16/22).
Then we found out …’Crypto investor Digital Currency Group is giving an equity infusion of $140 million to Genesis Global Trading, a company within its portfolio…“While the operation of our lending and trading businesses has not been impacted by recent market events, Genesis has taken steps to strengthen its balance sheet with an additional equity infusion of $140M from our parent company, Digital Currency Group,” Genesis told clients in an email’…
First they tell you that the derivatives money tied up in FTX is no big deal. Then, you find out that the parent of Genesis (DCG) infused $140 million into Genesis after the failing of FTX. Why did they really need the $140 million?
Today’s entry into the Genesis saga is a report from Bloomberg:
…’Digital-asset brokerage Genesis is struggling to raise fresh cash for its lending unit, and it’s warning potential investors that it may need to file for bankruptcy if its efforts fail, according to people with knowledge of the matter.’…
Genesis has spent the past several days seeking at least $1 billion in fresh capital, said the people, who asked not to be identified because discussions are private. That included talks over a potential investment from crypto exchange Binance, they said, but funding so far has failed to materialize.’…
When Bloomberg states…’ Genesis is struggling to raise fresh cash for its lending unit’…we can now assume that the problem lies with the lending side of the business. Lending typically involves debt, leverage and credit risk of who is asking for the loan.
What are we going to find out about Genesis that we didn’t know before? Will it be that like the business practices of FTX that Economist Martin Armstrong described in a blog today?
…What people must understand is that there is no record of these funds existing anywhere. No one knows who worked for FTX, as all basic information has been shielded. These mysterious employees were encouraged to use software that automatically deleted messages, and they often spoke in code.’…(FTX Deep Fake- The Funds are Gone-Martin Armstrong 11/22/22)
So first, Genesis told us that they had $175 million of their derivatives business tied up in the now defunct FTX and that …’net positions in FTX are not material to our business’…
Then Genesis suspended redemptions and loan origination and received a $140 million equity infusion from their parent, DCG.
Today, Genesis is claiming that while they are at their weakest point, that they are worthy of at least $1 Billion in brand spanking new money from investors or they might need to file for bankruptcy.
If Genesis is on the verge of bankruptcy, after this and the catastrophe of FTX, how far behind can a failure or even a meltdown at Genesis Tradings’ parent, Digital Currency Group be?
It feels as if things are cascading out of control. Please note that this all started with a problem in the Genesis derivatives position because of the collapse of FTX. It is possible that other derivative positions are beginning to teeter and cause problems that are not public knowledge today. Tomorrow is another day.
The Genesis Trading soap opera has made it through another day. The real challenge is to see if they can make it through another tomorrow.
———-
If you appreciate this article can you consider a gift to Encouraging Angels for the intelligence we provided today? Click this link to give. We need the support. Links to this article are encouraged. Reproductions of this writing are only allowed by written permission of the author.
All rights reserved.
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
https://www.podbean.com/ew/pb-mwpvi-131ceba
Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.
All Rights Reserved.
Encouraging Angels is a tax-exempt 501(c)(3) organization that promotes Disability and Speical Needs awareness as well as delivering music services to those affected.
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