What Are the Libs Up to Now?
Sparked by a mix of anti-police sentiment, “vigilantism,” and apparent misinformation via social media, chaos erupted in Milwaukee on Tuesday during the search for missing teen girls.
According to local news reports and video footage, in the process of the urgent search, officers and other first responders had bricks thrown at them, three people were injured in a related shooting, and a house was burned to the ground.
“What started Tuesday as a missing-persons investigation morphed over the course of several hours as tensions about police treatment ran high and rumors spread online,” the report outlined. “By nightfall, three people — including two 14-year-olds — had been shot, a house was set on fire, and police had fired tear gas and pepper spray on some members of a scattered crowd of hundreds who’d gathered outside a Milwaukee house where police earlier conducted an investigation into two missing teenage girls.”
The missing teens, aged 13 and 15, were reportedly located on Wednesday.
The landlord of the home, Anna Bartsch, is a former missionary who’s poured her life into helping the inner city of Milwaukee.
“I was in tears,” Bartsch said. “When we moved back to Milwaukee, we did all we could to help build up this whole community. And so, yes, (it’s) devastating.”
An angered Milwaukee Police Chief Alfonso Morale ripped the “vigilantism” and the obstruction of their police work.
“We had to go out there and now do a rescue in the middle of an angry crowd,” he told reporters.
The Trump Agenda
President Donald Trump and first lady Melania Trump participated Thursday in a wreath-laying ceremony to mark the 70th anniversary of the beginning of the Korean War.
The Trumps traveled to the Korean War Memorial on the National Mall in Washington, DC, for the occasion. After pausing in silence next to a wreath of flowers, the military played “Taps.”
The president and first lady spoke for several minutes with each veteran at the ceremony; the president did not shake hands but instead saluted the soldiers while maintaining a level of social distancing as the coronavirus pandemic continues.
Afterward, a park official gave the Trumps a tour of the memorial.
54,246 Americans died in the Korean War.
Thursday is looking weak again for stocks, with U.S. virus-spread concerns and jobless claims in focus.
Beating the S&P 500 by a mile has been gold, one of the best-performing asset classes of the year, which recently tapped an 8-year high, drawing bullish predictions.
Providing our call of the day is Crescat Capital’s global macro analyst Otavio ‘Tavi’ Costa, who thinks we’re in the early stages of a major bull market for precious metals as a noncorrelated macro asset class. That is good news for one unloved group of stocks.
“Wait until the Robinhood traders learn about the gold and silver penny stocks, that’s where we’re long,” Costa told MarketWatch. He was referring to a low-cost trading app that has lured a flood of new investors, who have lately won some bets on beaten-down stocks.
“The mining space has been in sort of a recession since the 2011 peak of gold and silver prices. The capital in the space has dried up significantly. I think that now with the macro and fundamentals aligning with technicals on the long-term side, I’ve never seen such a good setup for an industry like precious metals,” said Costa.
Costa says they have been taking friendly activist stakes in some “junior explorer” miners with prolific projects.” Crescat created a fund devoted to mining companies a year ago because the sector was so beaten-down.
In Other News
When an Air Force working dog suffering a heat injury in Saudi Arabia needed a blood transfusion, he got it from a Navy dog named Army, in what officials are calling a joint service lifesaving effort.
Cvoky, a 120-pound Belgian Malinois, was rushed by helicopter from Prince Sultan Air Base to Kuwait’s Camp Arifjan earlier this month, after his temperature reached nearly 110 degrees — a potentially life-threatening situation — the military said in two recent statements.
“He did not seem like himself” during a training event on June 9, said Cvoky’s handler, Air Force Staff Sgt. Juan Reyes, in a statement a few days after the incident. “We rushed him right to the medical tent.”
At the Saudi air base, 5-year-old Cvoky was treated just like a human would be — taken out of the heat and cooled with ice, said Maj. Valentina Merola, a public health officer there, in a statement issued last week.
While common for both humans and canines during the hotter months in the Middle East, heat injuries can have severe and lasting consequences for dogs, such as internal bleeding, said Capt. Jon Drake, veterinarian in charge in Kuwait.
A UH-60 Black Hawk from the 1st General Support Aviation Battalion, 189th Aviation Regiment, flew him to the Kuwait base, which was the nearest facility with the necessary veterinary specialists.
While the helicopter was in transit, members of the Army’s 994th Medical Detachment (Veterinarian Services) in Kuwait readied for a blood transfusion, and Capt. Melody Mullin found the right donor with the appropriate blood type — the Navy dog named Army.
“We came in and he donated a pint of blood for the dog in need,” said his handler, Navy Petty Officer 2nd Class Sera Tamez. “It feels really good to help one of our own.”