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Dear Reader, as you know from our pieces, we refer to our unpublished book that we feel will help America, and possibly the world. You also realize that we do not clutter our page with ads. Money is a means and not a goal. We seek to make life better. With that said, our founder, John Lipareli has his first book published - to make a name for himself that could help get his political and economic work published. You can buy at Amazon Books. It is called, "The Legend of the Afghan Hound." It is family reading and great for ages 9 to 15, pet lovers and history buffs. It is a sweeping saga that begins in ancient Egypt in a time of anxiety and war and ends in Bethlehem with hope and love. The story weaves a theme of love in action to which many times means sacrifice. It is a Christmas classic and makes an excellent gift. - Please support his work. Thank you.
- Faith is the antidote for fear. The anodyne for doubt.
- Clay Harrison
Much Ado About Nothing
Sadly, the two most important nations, the US and China sent no one to the COP30 in Brazil. Brazilian president, Lula tried to play the mediator between those two economies as well as others who produce oil and climate nations seeking a change to protect our world. The Brazil forest fund is a wonderful idea, but backing oil production at the same time reveals the conflict to change and to not hurt your economy. A fire in a connecting hall did not help with the mood. Good news. No one was hurt.
We feel that the photo shoots were more for public image and appearances. They did however show that multilateralism continues through the challenges like the four year presidential cycle in the US, like China only using these summits as a vehicle to sell their wind and solar products. Brazil fell short with its forest/climate bond, but it did attract $6 billion. Credit was given to indigenous people who are stewards of land and forests. There was extensive talks about climate funding, but it was pushed back in the time horizon to 2035. Talks of roadmaps to end "fossil fuel" is just that, talk.
Bottom line: Climate plans remain to weak for real change.
Meanwhile...
At the same time a G-20 meeting was taken place in Johannesburg, Africa. It had no effect other than tourists dollars for the host nation.
In the US, Fed governor, Chris Waller continued his campaign to be the Fed Chair by calling for another rate cut. This is music to Trump's ear. King $Dollar is attempting to retake the crown that it has seen some obstacles lately to its 100 year duration. Gold and silver somehow have remained strong even with a stronger dollar. The market should rally for our national holiday with big money. They hope to persuade everyone that the Christmas rally is coming and forget the recent downturn. We see no volume in the upswing and that means no conviction.
We only wish everyone a pleasant Thanksgiving Day and peace.
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