Published Date: February 17th, 2020

WEEKLY REPORT

TRUTH///AWAKENING///DISCLOSURE

BLACK SWAN CRISIS, ANONS TRUST THE PLAN, HUMANITY’S GREATEST CHALLENGES

Micheal Avenatti Found Guilty, Human Trafficking US Director Appointed, Dershowitz Release Epstein Emails, Financial End Game, Antarctica Hits 70 Degrees, Truth About Atlantis, Science of the Heart, Micronova Solar Cycles

 

Can Coronavirus Trigger a ‘Black Swan’ Event? Gold Price is Watching the Negatives – Analysts

Can coronavirus trigger a ‘black swan’ event? Gold price is watching the negatives — analysts(Kitco News) With gold trading at the higher end of its narrow trading range, analysts say that a coronavirus-related shock event could trigger a rally into $1,600 an ounce and higher.Without a shock event, gold is likely to remain between $1,550 and $1,590 an ounce as the professional sector keeps the precious metal bid alive amid plenty of uncertainty left in the market.“For gold really to move, it would be some kind of exogenous shock, which might push it higher,” Rhona O’Connell, INTL FCStone head of market analysis for EMEA and Asia Regions, told Kitco News on Friday.The biggest risk to watch with coronavirus is a possibility that it could trigger a “black swan” event in China or elsewhere in the world said Capital Economics head of Global Economics Service Jennifer McKeown and assistant economist Bethany Beckett.“Such events are, by definition, difficult to predict, but we can think of a few possibilities. We have long warned about risks to the Chinese property sector, related particularly to high levels of debt. Sales have already ground to a halt and, if they fail to pick up soon, the resulting pressure on property firms could trigger a wave of defaults,” the economists said on Friday.“A collapse in the Chinese property market would have direct ramifications for commodity exporters, including Australia and Brazil. But it might also spark a more general increase in risk aversion and associated financial market disturbance,” they added.

When it comes to gold, there is a lot one can learn by looking at the tight range the precious metal has been in for the past few weeks, forming a triangle formation, said O’Connell.

“You can draw lines on the chart of the declining highs and the rising lows, which points to a triangle formation. Once a commodity has broken decisively out of a triangle formation, there tends to be a reasonably large move, usually of the sort of magnitude of the base of the triangle,” she noted.

Gold’s resistance is still at $1,600 and prices are staying close to that level, which is encouraging, said Gainesville Coins precious metals expert Everett Millman.

“Anything that takes us above $1,585 is bullish and could get us to $1,600,” he told Kitco News. “Really, it is just building up safe-haven demand that hasn’t broken that dam yet, but it is still there.”

Major US Companies From Apple to Walt Disney See Revenue Hit by Coronavirus

WASHINGTON—American companies have begun lowering their revenue and earnings estimates to reflect the potential effects on their businesses of China’s deadly coronavirus outbreak.

Nearly 40 percent of S&P 500 companies that released fourth-quarter earnings ending Dec. 31 warned about COVID-19, highlighting concerns in financial markets about the impact of the epidemic.

As of Feb. 13, the number of S&P 500 companies that conducted a fourth-quarter earnings conference call was 364, according to the data provider Factset. Of those, 138 mentioned the word “coronavirus” during the call.

Companies in the industrial, information technology, and health care sectors discussed the impact of COVID-19 more than those in other sectors.

According to Factset, nearly 4.8 percent of revenues of S&P 500 companies come from China. However, the average revenue exposure of the 138 companies that discussed the coronavirus is 7.2 percent.

So far, 34 companies have disclosed revisions to revenue or earnings estimates to reflect the loss or uncertainty arising from the epidemic.

For example, Apple Inc. expects revenue to be between $63 billion and $67 billion for the second quarter ending March 30, 2020.

“We have a wider-than-usual revenue range for the second quarter, due to the greater uncertainty,” Apple CEO Tim Cook said on Jan. 28, according to the earnings call transcript by financial data provider Seeking Alpha.

While Apple’s sales within the Wuhan area are small, retail traffic across the country has been affected by the virus, he said.

“The situation is emerging, and we’re still gathering lots of data points and monitoring it very closely.”

Cook said that there are Apple suppliers in the Wuhan area that are critical, and hence, the management team is working on plans to mitigate expected production loss.

The coffee chain Starbucks said the COVID-19 outbreak could have “a material impact” on the company’s results for the second quarter and the full year.

“Given the strength of our Q1 [first-quarter] results, we had intended to raise certain aspects of our full-year financial outlook for fiscal 2020,” Kevin Johnson, president and CEO of Starbucks Corp. said on Jan. 28 during an earnings call.

“However, due to the dynamic situation unfolding with the coronavirus, we are not revising guidance at this time,” he said.

According to Starbucks, China accounts for 10 percent of the company’s global revenues. The coffee chain announced earlier that it closed more than 2,000 stores—half of its China stores—due to the outbreak.

Walt Disney Co. also announced that it closed its parks in both Shanghai and Hong Kong due to the outbreak, which would negatively affect second-quarter and full-year results.

“The current closure is taking place during the quarter in which we typically see strong attendance and occupancy levels due to the timing of the Chinese New Year holiday,” Christine McCarthy, chief financial officer of Walt Disney, said on Feb. 4 during an earnings call.

According to the company’s estimates, she said that closure of parks in Shanghai and Hong Kong would cost in the second quarter $135 million and $40 million, respectively.

Other companies that get hit by the epidemic include Qualcomm Inc., Estee Lauder Cos., Expedia Group, Ralph Lauren Corp., and Tapestry Inc. (parent company of Coach, Kate Spade, and Stuart Weitzman).

Japan’s GDP Is Collapsing, And Experts Are Warning That China Will Be Next

Global economic conditions are really starting to deteriorate quite rapidly.  Economists were projecting that Japan’s GDP would shrink by 3.8 percent on an annualized basis in the fourth quarter, but instead, it greatly surpassed expectations by plunging 6.3 percent.  If Japan’s GDP falls again during the first quarter of 2020, and thanks to the coronavirus outbreak that seems very likely, then the world’s third-largest economy will officially be in a recession.  But of course, the outlook for China is even worse.  At this point, economic activity in China has come to a standstill, and this has thrown global supply chains into a state of chaos.  It certainly appears that the entire global economy will shrink during the first quarter, and that will be the very first time that has happened in more than a decade.  And if this coronavirus outbreak continues to intensify in the months ahead, the economic consequences are going to be absolutely catastrophic.

Even though the experts were anticipating a slowdown in Japan, nobody had any idea that it would be this bad

Japan’s gross domestic product shrank at an annualized pace of 6.3 percent from the previous quarter in the three months through December, according to a preliminary estimate by the Cabinet Office released Monday.

Economists surveyed had predicted a fall of 3.8 percent, flagging the adverse impact of a sales tax increase, weak global demand and typhoon disruption.

The sales tax increase is being primarily blamed for this collapse in GDP, and without a doubt, consumer spending in Japan was way down last quarter

Consumer spending fell 11.1% after the national sales tax was raised in October to 10% from 8%. During the same month, Typhoon Hagibis ravaged a large swathe of the country.

Capital spending declined 14.1% and exports slipped 0.4% due to the fallout from the U.S.-China trade war.

Japanese officials were hoping that GDP would bounce back this quarter, but now the coronavirus outbreak has changed everything.

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ANONS Trust The Plan

If you are discouraged today I have put up a few tweets so look on my timeline but if you are really following Q then be a student of Q. It makes life a lot easier and peaceful. Q posts from August 1st and today. PATRIOTS IN CONTROL!

1) This week: – Chinese Telecommunications Conglomerate Huawei and Subsidiaries Charged in Racketeering Conspiracy and Conspiracy to Steal Trade Secrets / Jussie Smollett indicted with 6 charges for his Hoax of hate crimes.
2) – Justice Department launches a legal assault to roll back sanctuary cities / AG Barr announced that Giuliani had turned over to the investigative information about Ukraine’s corruption with former Administration.
3) – Trump goes on a twitter spree highlighting that nothing ever happened to the crimes Tony Podesta did. / Trump torches corrupt Judge Berman Jackson about injustices about Manafort but game HRC a pass. / Michael Avenatti found guilty of all charges today.
4) – Roger Stone Sentencing evaluated by AG Barr as being outrageous (9 years? For lying to congress? Rape Is only 3~5 years) and the 4 corrupt Mueller investigators all resigned.
5) – “I’m here to announce the indictment of Chinese military hackers… for breaking into the computer systems of the credit-reporting agency Equifax, and for stealing the sensitive personal information of nearly half of all American citizens.”— AG Barr
6) – Trump WH fires Alexander Vindman -Trump WH fires Gordon Sondland / Trump NSC (national security council) removes 70 former Obama holdovers, with maybe even more coming.
7) – Graham sent a letter to Attorney General William Barr on Friday asking that he make 17 officials, many of whom are identified only by title, available for interviews.
8) – Durham Scrutinizing John Brennan’s Handling of Russian Interference in 2016

9) – A.G. Barr Installs Outside Prosecutor to Review Case Against. @GenFlynn

. Amid the turmoil in Roger Stone’s case & Refusal to Charge Andrew McCabe at the @USAO_DC, the A.G. has sent outside prosecutors to review politically sensitive cases.

10) This is only Friday afternoon too. As I said earlier for those crying about McCabe getting off for lying, you really don’t understand the big picture.

10 Greatest Challenges Facing Humanity

FUTURE NOW / GRAND CHALLENGES

 

But what about the big challenges that are brewing for the future? In 30 years, what might be on the world’s agenda to solve? It’s impossible to predict, but we can get clues from how current trends in science and technology may play out. Here are just some of the potential big issues of tomorrow:

GENETIC MODIFICATION OF HUMANS

Debates among scientists started roaring last year over a new technology that lets us edit human DNA. It’s called CRISPR (pronounced ‘crisper’) and it’s a means of altering people’s DNA to carve diseases like cancer out of the equation.

Sounds great, right? But what if takes a dark ethical turn, and it turns into a eugenics-Esque vanity project to churn out ‘designer babies’, selecting embryos that produce babies that will have a certain amount of intelligence or that have certain physical characteristics?

While it’s still not widely used enough to be considered a current “grand challenge”, this is an up-and-coming advancement whose wide-ranging repercussions we need to be prepared for – and it’s all the more reason to ensure ethicists have a seat at the table at every laboratory, university, and corporation that might be itching to alter our DNA.

“Proper reflection on what about us we might want to preserve takes time – it should draw on a wide range of perspectives about what it means to be human,” Nicholas Agar, professor of ethics at the Victoria University of Wellington in New Zealand, told BBC Future Now earlier this year. “It’s difficult to set aside this time for ethical reflection when new technological possibilities seem to be coming thick and fast.”

A MORE AGED POPULATION THAN EVER BEFORE

We won’t just be wrestling with the fact that the world’s population is exploding – but people are living longer than ever, too. Which is great – but all those senior citizens are going to require care. In fact, the number of centenarians will increase more than 50 times – from 500,000 today to over 26 million by 2100. From the UK to Japan to China, societies with large numbers of people over 65 will become more common. In the next couple of decades, as that increase starts to happen, we’ll need better care for the elderly (Japan is even eyeing robots) and perhaps policies to allow more immigrants to try and make up for aging workforces and in some cases, declining birth rates.

Floods and rising sea levels are becoming more common in coastal regions like Florida as populations grapple with the effects of climate change (Credit: Getty Images)

LOST CITIES

You don’t need to look very hard in a place like Miami to see how cities are changing in the 21st Century – rising sea levels are gradually making some of them disappear. Fuelled by climate change, not only are floods becoming more common in the streets, but the changing weather patterns have also influenced building design. Aside from more seawalls, the city is requiring all new buildings to be built with their first floor built higher. But that’s all a sticking plaster – if current trends continue, we may have to come to terms with losing whole swathes of cities, islands and low-lying regions such as Bangladesh. The economic impact of regions will be profound, and climate refugees could become the norm.

The pressure is already growing on cities, as urban populations grow. If climate change forces mass migration, then existing infrastructure, services, and economies may be stretched to breaking point.

THE EVOLUTION OF SOCIAL MEDIA

Social media has complicated the way we communicate for the better part of a decade. And it’s not going anywhere anytime soon, given that most people get their news from it now. That’s before we even get into the mess of online harassment, as well. What might social media look like in 30 years, and by that time, what are some threats it might pose?

A world with no privacy, for one. That’s one problem we’re already seeing. And besides weathering away our sense of and desire for anonymity and privacy, social media brings with it the many problems of cyberbullying too. Many charities and non-profit organizations across the world have mobilized in the fight against internet trolls, but it’s an open question about whether law enforcement agencies and the social media companies can fix it or whether it will get worse.

Then there’s also the problem of our information diet to consider: if the status quo of ubiquitous fake news remains, how will that shape how people see the world? If individuals spend months, years, even decades of their life exposed only to unreliable news sources, it does not augur well for civilized society and debate.

That said, given how fast social media has arrived in the world, an optimist may suggest that those problems could soon be resolved. In 30 years’ time, we may be dealing with social media issues that we’ve not even considered yet. After all, Facebook is only 13 years old.

NEW GEOPOLITICAL TENSIONS

The past year has seen a complete upset of our geopolitics’ fragile balance. That could make the global stability of the next couple of decades a complete question mark.

North Korean missile launches. Thousands of refugees crossing borders to flee turmoil. Hackers meddling in other nations’ elections. Rising nationalist sentiment worldwide. Headlines in 2016 (and so far, 2017) have been dominated by the never-ending political drama that’s been fuelling a ‘geopolitical minefield’ and an ‘unprecedented geopolitical shift’ – whether it’s managing unpredictable North Korea, the plight of Syrian refugees, or Britain’s transition from the European Union. Throw in widespread hacking, nuclear missiles, and other dangerous technology, and it’s easy to see why maintaining basic diplomacy becomes vital.

SAFE CAR TRAVEL

Despite all the rapid urbanization and talk of bullet trains and fantastical technology like the Hyperloop coming to the fore, the car isn’t going anywhere – and in fact, in the next couple of decades, there will be even more of them on the road.

Driverless car technology is swiftly rolling out, with major tech companies and automakers aggressively seeking to debut human-free vehicles in the coming years. But in addition, the sheer number of cars – self-driving or not – is going to skyrocket, studies show. In countries like China that are seeing a growing middle class, the environmental and infrastructural needs that an increasingly road-faring population demands is going to be a grand challenge. How do we ensure safety, fight pollution, and make sure driverless cars aren’t a menace on the road?

Rapidly industrializing countries like China are seeing equally rapid increases in car ownership(Credit: Getty Images)

DWINDLING RESOURCES

The new tech and devices that characterize the 21st Century all require rare earth metals to make – an average smartphone has over 60 “ingredients”. That’s putting a strain on the planet’s natural resources: in China, where 90% of the world’s rare earth metals are found, it’s estimated that its mines will run out in the next two decades – and good substitutes for those materials are hard to come by.

SETTLING OTHER WORLDS

How will space tourism companies make sure their activities are safe? How will we find ways to send humans to Mars or another planet to live there, as Stephen Hawking has urged us to figure out? Space travel might seem like the domain of space agencies and billionaires today, but as it becomes more accessible to everybody else, a whole host of new challenges will emerge. Outer space is increasingly looking less like the final frontier and more like our backyard, and with more money being shelled out to get humans up to the inky abyss than ever before, the logistics, safety, and diplomacy behind the challenge all demand serious consideration.

BOOSTED BRAINPOWER

It’s already common to use drugs to boost brainpower (whether it’s coffee, or something stronger, like modafinil), and most of the developed world now relies on their smartphones as an ‘externalized’ memory – but let’s extrapolate that out a few decades. Imagine targeted pharmaceuticals that make us think faster than currently possible, and technological implants that help us concentrate beyond the normal human ability for hours or days, for example – these advances are already well underway in laboratories around the world. The question it raises is: what happens to those that cannot afford such enhancements? Could it widen inequality, and allow the rich to get richer? Then there’s also the legal and ethical issues: it’s acceptable to drink a coffee before you sit an exam, but is it ok to use an implant or a smart drug? The challenges posed by intelligence enhancement are only just emerging.

AI’S DOMINANCE IN OUR LIVES

Futurist Ray Kurzweil has made a host of predictions – some inspirational, others downright alarming. One of them is the sci-fi-sounding notion that suggests artificial intelligence will one day become more powerful than human intelligence and improve itself at an exponential rate, otherwise known as ‘the singularity’.

It’s far from the majority view, but few would deny that AI is only going to get more powerful. So, like in the case of gene editing, the tech and AI community will need to consider the ethical and societal implications of their work as AI comes to shape more realms of our life, from healthcare to financial markets.

As for end-of-the-world extinction scenarios, it’s frankly not likely – but that shouldn’t obscure the fact that AI is poised to change how we live and work in profound ways. It is also not impossible that specific AIs could malfunction or run out of their creators’ control, leading to very human disasters, where lives are lost or millions of dollars are wiped out.

This Week’s News At a Glance

Americans began leaving a quarantined cruise ship off Japan on Monday (Feb 17) to board chartered flights home as the number of new coronavirus cases diagnosed on the vessel jumped to 355. The evacuation came as Japanese authorities stepped up warnings over the deadly outbreak, urging citizens to avoid crowds and “non-essential gatherings.”

French health minister Agnes Buzyn reported the first death from COVID-19 in Europe on Saturday. The victim, an 80-year-old Chinese tourist.

A patient in Taiwan has died from COVID-19, a man in his 60s who had not traveled abroad recently and had diabetes and Hepatitis B.

Bill Gates warns “10 million deaths” possible in Africa.

“It’s highly possible to get infected a second time. A few people recovered from the first time by their own immune system, but the meds they use are damaging their heart tissue, and when they get it the second time, the antibody doesn’t help but makes it worse, and they die a sudden death from heart failure,” reads a message forwarded to Taiwan News from a relative of one of the doctors working on the front lines of the novel coronavirus in the United Kingdom.

The 1,000-bed hospital constructed in about a week to handle the Covid-19 outbreak in Wuhan, China, opened its doors about 13 days ago, or around Feb 03, has already experienced a massive water leak that has flooded hallways.

The representatives of the nations that lost citizens when Iran shot down a civilian plane on January 8 over Tehran have called upon the Islamic Republic to hand over the black boxes for expert analysis.

The US Education Department announced that it has launched an investigation into Harvard and Yale universities on suspicion of failing to report “hundreds of millions of dollars in foreign gifts and contracts” from China and other countries.

Residents of Göle, a town in Turkey’s northeastern Ardahan province, suffered record-breaking temperatures of minus 40 degrees this week, while heavy snowstorms battered the eastern half of the country. The freezing temperatures and blizzards also cut off access to many regions, such as an area in Van province’s Çaldıran district where 13 migrants remain missing, presumed dead.

Reports from Rasht Northern Iran indicate that due to heavy snow, roads have been blocked with locals forced to stay at home without power. Locals say the snow was forecasted from 2 weeks ago, but no preparations were taken to prevent the crisis.

Residents of central and southern Iraq opened their curtains Tuesday morning (Feb. 11) to an incredibly rare scene — the first “settling” snowfall in over a century.

Over 1,700 Chinese medical professionals have been infected with novel coronavirus, six of them have died, China National Health Commission Vice Minister Zeng Yixin informed during Friday’s press conference.

Beijing’s purge of officials in Hubei province picked up the pace with the removal of the top Communist Party leaders in the region as the central government responded to public anger.

In a twist of grim irony, the 59-year-old Iraqi immigrant and father of seven, who instituted a sadistic reign of religious terror within his family, was previously praised for “fighting extremism” and running his mosque in Sweden’s southernmost Skåne County with “zero tolerance for extremism”, has been sentenced 8 years behind bars. The sentence came after his family testified about a reign of terror driven by the so-called Muslim honor culture. By their own admission, Darragi habitually exposed his family to abuse, unlawful coercion and death threats, which left them “terrified and crying”.

The Marine Drive police on Friday arrested a 19-year-old youth for allegedly breaking into the house of a businessman in south Mumbai, India. The youth had passed out on the couch after drinking one-and-a-half-bottles of champagne. “The cops were called and the kid was taken into custody. During the probe, he confessed that he had entered the house illegally to steal valuables but could not resist after seeing two bottles of champagne,” the officer said.

Royal Caribbean Cruises Ltd. appears to have finally made the right call on Thursday evening after it announced it would suspend 18 lines. The short-term impact is a 65% on earnings for the year, but at least it would prevent further spreading of the virus and limit PR disasters such as what’s happening on Carnival Corp.-owned ‘Diamond Princess’ – the ship currently trapped in Yokohama, Japan with more than 174 infected.

Cleaners wearing hazmat suits disinfected a 37-story tower block in London, where a resident with a fever was escorted from in an ambulance.

Heathrow was gripped by coronavirus fears with up to eight planes put on lockdown after passengers on board complained of tell-tale symptoms.

Two MPs have today revealed they have gone into ‘self-isolation’ after attending a Westminster bus conference that was attended by one of the UK’s nine coronavirus patients and 250 other delegates.

While Attorney General William Barr continues his investigation into Russiagate for which Sen. Lindsey Graham (R-SC) said ‘half the people are going to jail’ if we ‘just hang tight,’ Democrats across the board are calling for his resignation – or impeachment, following his decision to overrule federal prosecutors on their recommended sentence for former Trump adviser Roger Stone. There’s also been talk of a second Trump impeachment over allegations that he interfered in Stone’s case, according to Fox News. Democrats’ freakout over Barr’s intervention in the Stone case comes on the heels of their last freakout over Barr’s willingness to accept information from Rudy Giuliani gathered during the course of his independent Ukraine investigation.

The US District Court of Manhattan has found attorney Michael Avenatti guilty of all three charges regarding his attempt to extort $25 million from multinational athletic apparel company Nike. Avenatti was convicted on Friday of one count of fraud and another two counts of extortion after prosecutors alleged the 48-year-old lawyer attempted to extort $25 million from Nike after defrauding a client over improper payments to families of college basketball recruits. The attorney faces a statutory maximum of 20 years behind bars. Sentencing is slated for June 17.

Weekely Asteroid

  • 2020 CG2 2020-Feb-17 2.3 LD 8.7 46 m.
  • 2020 CK1 2020-Feb-17 8.6 LD 8.1 17 m.
  • 2018 CW2 2020-Feb-17 6.3 LD 10.2 m.
  • 282020 BA10 2020-Feb-18 12.3 LD 9 m.
  • 29 2020 CX1 2020-Feb-19 14.1 LD 7.9 m.
  • 53 2020 BL7 2020-Feb-19 13.9 LD 8.5 m.
  • 36 2020 CO2 2020-Feb-19 3.9 LD 15.4 16 m.

LD > Lunar Distance = 384,401 km

Sun Activity

Sunspot number: 0
Spotless Days
Current Stretch: 14 days
2020 total: 30 days (64%)

Active Weather

Severe Tropical Storm Gabekile South Indian Ocean – Quasi Stationary – 60 kts – 983 hPa

A low northwest of Samoa (TD07F) is expected to move southeast and deepen into a significant tropical depression over the next couple of days, and there is a MODERATE risk that it will be a tropical cyclone from tonight.

A significant tropical depression (TD07F) is expected to move southeast between Niue to the Southern Cook Islands on Tuesday or Wednesday, and there is a MODERATE risk it will be a tropical cyclone.

Strongest EQ in Europe M4.8 NE of Crete, Greece
Strongest EQ in Africa M4.3 Morocco
Strongest EQ in North America M3.2 Texas
Strongest EQ on the Planet M5.5 Iran (16 Feb)
Deepest EQ M3.9 229 km Argentina

 

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COPYRIGHT DISCLAIMER: Citation of articles and authors in this report does not imply ownership. Works and images presented here fall under Fair Use Section 107 and are used for commentary on globally significant newsworthy events. Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.

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