With his faithful Indian companion, Tato, the daring and resourceful mask rider of the planes led the fight for law and order in the early western United States. Nowhere in the pages of history can one find a greater champion of justice. Return with us now to those thrilling days of yesteryear. From out of the past come the thundering hoofbeats of the great horse Silver. The Lone Ranger rides again! The stage from Red Rock to Hilton on the last stretch of its journey from St. Louis was still a few miles away from its destination. As it swayed and bumped along the narrow trail, Dan Reed, fourteen-year-old nephew of the Lone Ranger who had ported the stage at Red Rock, glanced now and then at the only other passenger in the coach, a well-dressed young lady whose golden hair and fair complexion attracted Dan's attention. She had been dozing when Dan got on, but now she was awake, and from time to time she looked at Dan and half smiled. Finally, she spoke. You seem quite young to be traveling alone. Oh, I live out this way. I'm used to riding the stage, ma'am. Really?  My mother isn't alive in the North. Oh. I'm so sorry. Well, that's all right. I'm well taken care of. Oh, I'm glad to say. Do you live in Hilton? Not exactly. I'm staying near there for a while with a friend. Oh. By the way, my name is Edna Murray. I'm going out to visit my uncle at the Circle Bar Ranch. I know where that is. My name is Dan Reed. Well, Dan, I hope we'll meet again after we get to Red Rock. Do you know my uncle, Clem Murray? No, ma'am, but I've heard of him. The Circle Bar is a big spread, one of the biggest out this way. Really? I didn't know that. Though I did know it was quite prosperous. Going to stay here long, Miss Murray? That depends upon Uncle Clem. I'd like to stay in the West permanently if possible. Collie, I'll bet he'll be glad to have you at the ranch. The way you say that is almost a compliment, Dan. Well, if I were your uncle, I'd want you to stay. Actually, Clem Murray isn't my uncle. You see, I was an orphan too, and Uncle Clem's brother adopted me and raised me as his own. Oh, I see. Uncle Clem has a daughter of his own named Harriet. I met her once when we were much younger, but, well, we just didn't get along at all. Harriet is a year or two older than I am. Gosh, I don't see how she couldn't like you, Miss Murray. You have a nice way of saying things, Dan. I'd like to have you as a friend, and I do hope you'll try to come and see me while I'm with Uncle Clem. Collie, I sure will. Look, we're going over the bridge there. There's a creek at the edge of town. Oh, then we're almost there. Yes. Just a minute, we'll be at the stage stop. Will someone meet you, Miss Murray? Oh, I hope so. I telegraphed I was coming today. If they don't, I'll find a way to get you to the ranch. Thank you, Dan. That's very nice of you. Oh, here we are. Is Edna Murray in there? Uncle Clem, how are you? Fine, fine. Climb out, Edna. Harriet's waiting the buckboard over yonder. All right. Goodbye, Dan. Be sure to come out and see me. Oh, yes, ma'am. Oh, I'm so glad to get here. Well, you sure have grown into a beauty, Edna. Yes, sir. Now, Uncle Clem, none of that. Get out, Dan, and meet Uncle Clem. Right. Glad to meet you, sir. You come all away from St. Louis, too, boy? Oh, no, sir. I got on a red rock. Oh, well, I thought maybe Edna was bringing along her latest boyfriend with her. Oh, golly, no. If Dan were several years older, Uncle Clem, I might consider him as a boyfriend. He's especially nice. Gosh, thanks, Miss Murray. Maybe I can help with your baggage. Say now that's right. Nice of you, son. Here's the young lady's trunk coming down. Let her come, driver. Watch it. I got it. Here's a carpet bag. That's all she brought. I'll take the carpet bag to the buckboard. Oh, thank you, Dan. I reckon I can handle this trunk all right. Or there's Harriet in the buckboard right over yonder. Let's go.  Yes, sir. Well, Harriet, here's your cousin, Edna. How do you do, Edna? Hello, cousin Harriet. I'm awfully glad to see you. Thank you. Edna, I'd prefer you don't call me cousin Harriet. We really aren't cousins, you know. Of course, Harriet, just as you wish. I want you to meet a young friend of mine, Dan Reed. We met on the stage. How do you do, Miss Marie? Of course, in this case, it's just a boy, Edna. But you should be more careful about taking up with everyone you meet. Get in, please. I'm tired of waiting. Now you get off on your high horse, Harriet. Here, let me help you, Edna. Thank you, Uncle Clam. I guess we can all ride comfortable on the front seats. One of us should ride him back. Never mind this time. Edna, I think you're old enough now to call Dad just Clam. Calling him Uncle is childish. Don't you think so? Maybe it is, but it's become a habit, that's all. And it's a habit I like, too.  Well, let's get on our way. So long, Daniel. Goodbye, Dan. Come and see me. I'll come out soon, Miss Edna. Goodbye. Goodbye. Get up there. Get up now. Later that afternoon, Dan Reed arrived at the camp which he shared in the nearby hills with a lone ranger and tonto. Ho, ho, Victor, ho, boy, easy, fellas. Well, Dan, it's good to have you back. I'm glad to be back, sir. Oh, Dan, you have a good time. Yes, I did, Tom. I enjoy visiting Pop Hendricks. Oh, I met a nice girl coming back on the stage. A girl from St. Louis named Edna Murray. God, she was pretty. I see. How old is this pretty girl, Dan? Oh, she's quite old, sir, about 20 at least. Oh, I'm not like here, you see, that, Dan. I guess 20 does seem old to a boy of Dan's age. Where was the young lady going, Dan? She got off at Hilton. And she's out here to visit her uncle at the Circle Bar Range. He isn't really her uncle. She was adopted years ago by Clem Murray's brother in St. Louis. I see. I've heard of Clem Murray only at the Circle Bar. I think he's a widower. He has a daughter named Harriet. I don't like her at all. Really? Where did you meet her? In town, sir. Mr. Murray and his daughter came to meet Miss Edna. Miss Harriet was kind of well-unfriendly to the girl from St. Louis and said not to call her cousin or her father, Uncle. Mr. Murray said he didn't mind being called Uncle, though. What you say Harriet Murray doesn't seem to have very good manners. That's right. She looks cross and mean to me. I don't like her at all. So you said before. I hope she doesn't spoil Edna Murray's visit at the ranch. Cali, I thought of that too. Miss Edna asked me to come out there to see her. Do you think it'd be all right, sir? I'll see why not, Dan, if you want to go. Gee, I think I'll ride out there tomorrow then. Anyway, I want her to look at Victor. Does she like horses? I'm sure she'll like Victor. And he'll like her too, I'll bet. Anyway, I'll go out there tomorrow afternoon and let them get acquainted. The following afternoon, Dan left the camp on Victor and rode to the Circle Bar Ranch to see Edna Murray. As Dan turned off the trail onto the entrance road to the ranch, pleasant-faced young man on horseback turned in beside him. Easy, boy, easy there, easy. Hello there, son. Hope you're not going in here to pay court to Miss Harriet. She's sort of on my list. Oh, no, sir. I'm not going in to see Miss Harriet. I'm going to see the girl from St. Louis, Miss Edna. She's sort of a cousin to Miss Harriet. I didn't know anyone was here visiting. My name's Ned Hadley from the bar Y over yonder. Mine's Dan Reed. Someday when my ranch prospers, I hope to ask Miss Harriet to be my wife. She don't hang her to marry up with a poor man like I am right now. Gosh, why does that make any difference? That's something I can't figure out, Dean. Maybe those shall change your mind someday. I hope so, Mr. Hadley. Ah, here we are. Hold it. Hold it. Don't push it. Afternoon, Miss Harriet. I guess you met Dan, didn't you? Oh, yes, we've met. Oh, that's right. You're the boy who helped with the baggage in town, aren't you? Yes. Miss Edna said I could come out to visit her, so I thought. Poor Edna. I guess even a young boy like you is better than no company at all. She's in the kitchen helping to cook right now. I didn't know you had a visitor, Harriet, till Dan mentioned your cousin. Edna's just a poor relation, Ned. In fact, she's not really a relation at all. My uncle in St. Louis adopted her. My horse is already over at the corral, Ned. Shall we start on a ride? Well, maybe that is Miss Edna'd like to go along. Don't be silly. I'm sure she doesn't know the first thing about riding or anything else for that matter, except housework, perhaps. I bet she can do lots of things. Well, she has one champion anyway. You can go around to the back door, boy. Edna's back there in the kitchen, as I said before. Come on, Ned. Let's go for that ride. So long, Dan. Be sitting again. Bye, Mr. Hadley. Golly, I don't like her at all. I'll go around back now to see Miss Edna. Sorry to come around the side of the house. I'm awfully glad to see you. Thanks, Miss Edna. That's Miss Harriet and Mr. Hadley from the next ranch going out for a horseback ride. Do you ride, ma'am? No, Dan. I don't. I'm a little afraid to try. Gosh, I'd be glad to teach you. You could learn to ride on Victor. He's very gentle. Well, all right. When do we start? Golly, right now, if you say so. All right, come on. I'm sure you'll be a very good teacher, Dave. I know you'll learn quickly. In no time at all, you'll be a better rider than Miss Harriet is, I bet. For almost a month, Dan visited the Circle Bar Ranch and gave riding lessons to Edna Murray. One afternoon after he had left the camp, the lone ranger spoke to Toto. Dan says Miss Murray has learned to ride very well, Toto. They go riding every afternoon up along the river. I'd like to see for myself just how well Dan has taught her. Well, maybe if we go up there, we see him. Yes, we'll ride up that way. Come on. He's a big fella. Easy, fella. Come on, Toto, get him up to the count. Meantime, Dan and Edna followed the trail along the river. She was riding one of the ranch horses. And Dan watched proudly as he noted how easily she rode and how well she handled the horse. Gosh, Miss Edna, you sure did learn to ride well. Thanks to you, Dan. Well, we haven't come this far before. I haven't seen that wooden bridge up there over the river. That bridge isn't safe. The supports are all rotted. Look, someone's riding this way down the trail. Oh, it's Harriet and Mr. Hadley. Maybe they'll join us. Well, they see us. They've turned off the trail. Yes. I'm sorry Harriet feels that way about me. I was hoping that. Look, they're heading for that old bridge. We've got to stop them. It won't hold in the waters deep there. Hey, wait! Come back! They're riding onto the bridge. We've got to stop them. If we don't, they'll crash into the water. Come on, Victor. Get up there! The curtain falls on the first act of our Lone Ranger story. Before the next exciting scenes, please permit us to pause for just a few moments to continue our story. Riding down trail, Harriet Murray saw Edna and Dan in the distance. She spoke sharply to Ned Hadley. Ned, there comes Edna, and she has that boring whistle. Say, I thought you told me she didn't ride. Never mind that now. I don't want to meet them. We'll turn aside and go across that bridge over there. Now, look here, Harriet. No use acting that way. Won't do us any harm to her. You can stay and meet them if you like, but I'm going. Get up there. Now, come along, then.  That bridge, is it safe? Don't look any too strong. If you're afraid, go back with them. Get up there. I'll stick with you, Harriet. Better take it easy. I don't think this bridge will hold it. Harriet, the bridge is giving way under us. Dan and Edna were still several hundred yards away when they heard the bridge crashing. The bridge had fell with them. Come on, Victor. Terrible. Get up, Victor. Natalie's clean to a plank. He seems to be hurt. I'll try to help. Hasteily, Dan and Edna removed their boots and jackets. Then, for a moment, they paused on the edge of the river and looked out over the water. Can you swim well, Dan? Yes, ma'am. Good, so can I. You see what you can do for Ned. I know Harriet can't swim a stroke. I'll go and try to bring her in. Come on. The lone ranger and tanto had taught Dan Reed to be an expert swimmer. And as Dan and Edna swam toward Harriet and Hadley, the boy noticed that Edna, too, was an expert in the water. Within a few minutes, they reached the two victims of the bridge crash. Edna gave her attention to Harriet, who was struggling desperately to stay on the surface while Dan went to Hadley. Come on, she's unconscious. Must be hurt. I'll grab that blog and try to hold him up. Help! No! Oh, you're dragging me under the cover. Can't you swim? No. No, he's too much for me. I'll have to have help her. He'll slip away for good. Meanwhile, a short distance away, the lone ranger and tanto had been riding behind Dan and Edna. They saw and heard what happened, and the lone ranger spoke quickly. The other two went down with the bridge, tanto. And the girl dived into help. Come on, Hadley! Get him up, scout! Me see him. And the Dan's go to the other girl. Yes, and Dan's trying to help the man. Hold him up. Easy, Scott. Easy. The blonde girls bring the other one to short, tanto. Help the man out of the water. I'll go to Dan and the man. Good. He helps. Hold on, Dan. I'm coming to help. Hey! He's hurt! Keep his head above water. He's unconscious. He must have hit his head. Too heavy for me. I'll take him in. Can you make it to short, Dan? Yes, I guess I'll be all right. Then get going. I'll bring in Hadley. On the shore, tanto waited until Edna was close enough with Harriet. Then he waited in and helped bring them out. He kept the girls in short. Thanks, Doc. I had the hitter to keep her from pulling me under.  He put the girl down here. Oh, Matt. I'm almost exhausted. But Dan and Mr. Hadley, I have to... No, no. You, not get up. Then be all right. Oh. Now, here come Dan and friend-bringing man. I thought they were goners. Let me go help with young fella. Can you help now? You'll be all right.  Carry them there into the others. All right. Put him here, tanto. Why, he's mad. He's the friend I told you about, Miss Edna.  We're so thankful you came along when you did. With the narrow escape for them both, the very lucky you and Dan could swim so well. Harriet, well, she didn't want to meet us, so they turned off the trail and started across the bridge. She's coming too now. Yes, she'll be all right. Please, no water. You're safe now, Harriet. It's all right. You... You struck me up there in the water. If you hadn't done that, I could have saved myself. It was easy to see you couldn't swim. He'll keep out of this boy. Edna just wanted to... What is he doing here? He saved Ned Hadley's life. Isn't that enough? And Miss Edna saved yours. You ought to be grateful. Harriet. Harriet, I... Now, girl, all right. And you all right, too. I warned her that the bridge might not be saved. Oh, that's it. Blame me, Ned Hadley. I know that you didn't make a move to help me. You said you let Edna ask to have a ride. She's all right. Yes, I'm all right, Mr. Hadley. And you saved Harriet? Yes, she did. Golly, she sure can swim. That masked man in the Indian. They're friends. The masked man brought you in, Ned. I mean, Mr. Hadley. Dan and I tried to warn both of you about the bridge, but you paid no attention. Harriet insisted on going across. She didn't want to meet you and the boy. I know. Oh, Ned Hadley, you're despicable. I don't know why I put up with you coming around anyway. Yes, I've been sort of local for doing it at that. Well, this is no place to talk. I think we ought to get to the ranch as quickly as possible and change into dry clothing. Yes, we can double up on the horses. The other two horses swam to shore and are probably on the way to the ranch right now. All right, let's get going. With Harriet riding with Edna and Ned riding with Dan, the group went to the Circle Bar Ranch. As they pulled up in front of the ranch house, they saw a rider coming at a fast pace. Hold it. Hold it. Come on. I'm on coming in a hurry. It's one of the men from my place. Oh, there. You better come and pick the ranchers on fire. On fire, my ranch? Yeah. I'll use Edna's horse. Men are doing all they can to stop.  Dan, you stay here. Let's get going to the ranch. Hurry, Harriet. Get down. Oh, I suppose I have to. Get up there. Hold on. That's a big headway, Hadley. Better try to save the lives talking that the house go. Come on. We'll get to the barn. The barn had just begun to burn and the Lone Ranger and Tuttle with Ned's help made trip after trip into the smoke-filled building to lead out the horses. In spite of the mask, Hadley's men followed the Lone Ranger's orders and though the buildings were a total loss, the livestock were saved. Finally, after an hour of futile effort, Ned stood back and spoke to the Lone Ranger and Tuttle. Well, I guess that about wipes me out. Thanks to you, though, I saved the stock. That'll bring in a little money. I'm very sorry about your loss, Hadley. There wasn't much to be done to save the building. That's right. I'm going to ride over to the Circle Bar Ranch and talk to Harriet. I guess we set some hasty words this afternoon. Have to take the horse back, too. Yes, you were all in attention. Tuttle and I'll ride part of the way with you. All right, let's go. A short time later, Ned arrived at the Circle Bar and was in the living room talking to Harriet. Well, Harriet... lost about everything in the fire except the livestock. Thanks to Dan's two friends. Edna went with the boy and dad for the bathroom. They should be back soon. I'm glad they aren't here right now. I wanted to talk to you. Really? As far as I can see, there's nothing to say, Ned. Frankly, we're not suited for each other. So anything you might have to say wouldn't make any difference. I'm glad you feel that way, Harriet. Glad? Yes, you see, I wanted to part friends, but I came over to say it was all a mistake. You and I are going together, I mean. Well, Ned had me of all things. But you just said that you... Oh, it's really very funny. Before you were barely getting along at that rate. But now you're really dead broke. You don't think for a minute that I'd ever consider... Harriet, we couldn't help but hear the ruckus you're making as we came up the porch. Dan and I shouldn't have come in. Why not? Seems to me Dan's coming around here has meant a lot to all of us. Harriet, you were wrong about one thing. Tell the Ned off like you did. Well, it seems like Harriet don't want me around, and, well, we just didn't get along anyway like I come to tell her. Only she told me first. You mean you two were through going together, eh? Well, maybe that'll give you a chance with my niece, Edna. Dan, I have all the things to say. I'm going to my room. You shouldn't reason with me. I'm going to my room. You shouldn't really joke with Harriet like that. I wasn't joking, Edna. I've noticed the way Ned's been watching you since you've been here. Well, now, Mr. Murray, if Dan wouldn't think I was trying to cut him out... Oh, golly, no. Now, just a minute. After all, I have something to say about all this. Of course, I'm sort of broke, and if you don't think I'm good enough to come calling on you, Miss Edna. Oh, Ned, I... Well, I'd be happy to have you call on me. It's just that I'm embarrassed to have Uncle Clem say... I was thinking of it long before he said anything. You've got to believe that, Edna. What about it? Oh, of course, Ned. I want you to... I mean, I... Oh, golly. That's more like it. It seems like Dan, with the help of those friends of his you spoke of, played cupid around here. Someday, Edna, when I get on my feet again, maybe... Well, you're putting things off, Ned. You know, someday, Edna will own half this ranch. And I think maybe you and me can get together tonight and make some sort of a deal for your land and what little livestock you have. Say, that's great. Oh, Uncle Clem. Oh, I'll get the best of the bargain, don't worry. Ned, you're lucky. Edna was willing to let you come courtin' even once you thought she didn't have a cent. You'll get along fine. Gosh, everything is sure turned out just about right. By the way, that masked man did so much for us, and I never did get to know who he is. Oh, I can tell you that, Ned. Dan told me he's known as the Lone Ranger. This is a feature of the Lone Ranger Incorporated, created and produced by George W. Trendle, directed by Charles D. Livingston, and edited by Fran Stryker. Part of the Lone Ranger is played by Bracebeamer.


Hello everyone and welcome to the first in what I hope will become a series of Q&A videos I've been very excited to do this for a while now, and I'm thrilled to get the chance to do it But right out of the gate. I do want to say that I have been absolutely blown away By the amount of support that you have all shown me for my patreon I'm still kind of reeling from just how much love has been sent there and Words don't really do justice, but I am incredibly grateful for both the support and the faith that you show in What I do here and in the channel By supporting it. So thank you. Thank you. Thank you, and Thank you to everyone who wrote in with questions for this video either in the comments or to on Twitter They were all excellent. I had a ton of fun coming up with these answers. So without further ado, let's jump into them What army do you play and why? Currently my only functioning army is a horse heresy alpha legion force Why is because they are my favorite legion and goddamn do I love me some mutable tactics? After the heresy campaign day, I'll be playing later this month. I've got plans to start an eighth edition Adeptus Mechanicus force because sweet damn. I do love the adeptus Mechanicus so much They really embody that grim insanity of the 41st millennium and their miniatures are just off the chain Awesome with a ton of conversion potential and it's letting me work up my fluff as well work some fluff into the army in a very fulfilling way To expand on this question a little bit further. I started way back in the day with a third edition dark Eldar army Purely because they look really cool to 13 year old me not because of how they played Which in third was terrible So I immediately went over to space marines as any one starting out in the hobby will do with a small salamanders army and from their Necrons when they got their third edition codecs It was the latter actually that got me back into the hobby after a very long fallow period throughout most of my teens When their fifth edition codecs dropped But unfortunately, I had to sell that army when I emigrated so the alpha legion and my Planned eighth edition Mechanicus are my third big return to the active hobby as opposed to just keeping up with the lore And I have been absolutely loving it so far Who do you think is the most interesting Primark and why I? Kind of love this question because it's changed for me so much over the years If you'd have asked me the same before I'd read the Horus heresy series I'd have given you a completely different answer and even now it's hard for me to actually nail down my immediate answer would be Jew entirely to my 20th legion bias and that's alpharius and omega on The revelation of the twins is existence in Legion by Dan Abnad blew my goddamn mind when I read it And I love the idea of how they're completely mere curial nature and just overall kind of pragmatic Characterization kind of sets them aside from the brothers I'm also a fan of any kind of fictional character who mainly deals in the importance of information as both a tool and a weapon So that works for them and as a runner-up Magnus the red because as a history grad I love his whole thing with knowledge and education learning and preservation of all that and I also appreciate the Greek tragedy of his total hubris On a final note I will say that the heresy series has made me appreciate the con far more than I ever thought possible And that is entirely down to the incredible work Chris rate has done with his white scars books Do you work in radio or other broadcast media? Nope neither, but I am in publishing my media experience such as it is comes from a string of podcast passion projects That never really took off, but were a ton of fun to do regardless So that was all just practice for something that eventually does which is kind of this channel Occasionally there are we audio hiccups in your videos as if there was meant to be a cut Do you leave these in on purpose or is it a case of not noticing them? Any hiccups are fully just mistakes because I am terrible at this Favorite traitor and loyalist legions A favorite trader legion would be the alpha legion Favorite loyalist legion also the alpha legion. I'm just kidding favorite loyalist legion is the salamanders What music do you use for the background of your videos? Because I needed cheap I Used a collection of public domain choral music by a group called the tutor consort If I can find the link I will post it in the description if you generally want some good choral music I'll link a couple of my favorite Spotify playlists below too Which of the Dloriana class flagships of the Primarchs do you personally like most? Since in capability terms are broadly the same differences do exist and will be covered in a later video I'm going to make this call-on style alone It's hard not to love the sheer blunt perfection of the name iron blood. So I got to give this one to the fourth legion Any advice for someone that's been thinking of starting a heresy army? If you want to do it from a purely collecting painting and modeling point of view just pull that trigger regardless Like there's nothing stopping you if you want to do it for gaming I'd kind of check in with your local scene to find at least a few active heresy players I know the game's taken a bit of a hit since 8th edition came out and everyone's been going in on that But I think the overall Compelling nature of the heresy and the kind of almost historical war gaming quality it has to it not to mention the balance My you know keep an active community going for a while longer In terms of actually picking which force just do what you do with 40k and pick the one you love the most All the legions are viable in their own kind of way So just go with what you love start with a bunch of plastics the calth and Prospero box sets are your just your best friends in that regard The 40k rhinos and predators are Mars pattern and we're active during the heresy So using the plastic kits for them is fine You don't necessarily need to worry about getting the deimos pattern ones Figure out how you want to play your army from there and then make your first forge wall pricks based on your play style Contemptor or Leviathan dreadnoughts are always a solid choice and the kits are just fantastic But if you're feeling lavish you can't really go wrong with one of the flyers for the legions That's an incredibly broad overview if you want more detail check out the excellent 1d 4chan legion army list page link in the description What was your motivation to start this channel? I've kind of touched on this before but I get to go into more depth here It really comes down to two broad factors firstly I started this channel during an extended period of unemployment when I was waiting for my Canadian permanent residency to get Approved because I was just in a period where I had nothing to do I didn't want to just sit around so I resolved to teach myself the adobe creative suite to buff up the old resume during this Downtime but just aimlessly faffing around on this is not the best way to learn new skills I'd seen myself improve a whole lot within design by simply giving myself an actual task in that case Making a series of fictional magazine layouts from different design eras So I needed a coherent creative project for both audio and video I done podcasts in the past and wanted to take a crack at YouTube Which I was spending a lot of time on looking up tutorial videos and the like 40k lore videos were always sneaking into my recommended tabs purely based on my search history And while I respected the hell out of the creators who had built their channels on them I couldn't help but feel that they were lacking a bit given the richness of the subject matter I was at the time marveling at the amazing work people like Captain Christian or the nerd writer do with their very Coherent tightly edited video essays So I wanted to see if I could make something akin to their stuff But for Warhammer taking the lore and making video lectures that weren't just static images With audio that doesn't sound like it's coming from a laptop microphone Adding in the atmospheric flares like the choral music and the remembrance of character were kind of natural progressions And I've really been thrilled with how well people have taken to them What got you into Warhammer and how were you introduced to it? I Was 13 years old and a friend of mine at school gave me an issue of white dwarf that had the index as starty's Nightlords written by Phil Kelly While the images of the miniatures were incredibly cool and the battle report was tantalizing That one index of starty's bit was absolutely dripping with sheer gothic nightmare, and I was immediately hooked I've always been one to adore and devour well-built worlds And here was one that was dark and violent and badass and all of those things that a 13 year old finds stupid cool Warhammer represented something of a nexus of all of these interests that I had combined as a kid I'd love building models and Lego and when I was older I discovered science fiction and relentlessly tracked down every universe and franchise and devoured every scrap of lore I could about them by the time I found Warhammer my treasured copy of the Star Trek encyclopedia Was about five or six years old and beaten up beyond all recognition from reading and rereading and the Star Wars essential guide to Droids was even more so and here right here was something that combined the hobby of building classic soldiers and tanks with an Insanely grim and rich narrative universe behind it. So just immediately hooked Which Primark deserves the most headpats?  So he's my pick for that What other 40k community videos and content creators do you enjoy? the list is a bit long, but I'll start off by saying Hats off to the games workshop Warhammer community team for Entirely turning the company's social media and customer outreach methodology around even aside from the wonderful videos They started doing responding to leaks stuff like the painting tutorials are consistently excellent and engaging It gets said a lot these days But if you'd have told me five years ago that I'd eagerly be watching and indeed praising games workshop web content I'd have called you crazy, but man have those tutorials ever just to help me improve my own hobby work Beyond that it also goes without saying that alphabusa and his crew creates hands down the best 40k Fan content out there by a college mile the Texas speech series has a wonderful mystery science theater 3000 vibe of yes making fun of the sheer absurdity of the 40k universe But doing so from a place of deep love for and understanding of the source material And one that only gets better the longer you've been in the hobby Yes, of course Vulcan wants to boop the snoot of a cat a champ barking toad because that makes perfect in universe sense And he's goddamn hilarious besides it also be remiss of me not to give one hell of a shadow to Richard Boylan for his Hell's Reach adaptation Finally watch the first part of that full movie and man. It gave me literal chills just amazing work What Warhammer book is your favorite? If we're talking black library, it's a hard choice since I've worn the spines of some of those books down to dust Bolter to my head Titanic has by Dan Abnett Not only does it give a crazy amount of depth to the depth is Mechanicus through an amazing array of really distant characters But it's also pure blockbuster action in a way that you could never likely captured in another medium It's a wonderful example of how damn good writing also just can make you feel as excited or in some cases more So than just seeing a movie and just keep you turning page after page Very close runners up would be Abnett's Eisenhorn trilogy and Aaron Dempsey Bowden's Night Lord's trilogy Yes I am counting three books as one in both of those cases But I'm a big fan of tight character-driven plots and both of these have well written Well-developed characters and spades and really flesh out parts of the 40k universe that we don't tend to see that often Are you ever interested in doing Age of Sigmar lore if it really starts taking off? While I've not yet dipped my toe into Age of Sigmar from either a hobby or a lore point of view From my perspective it has taken off already The start may have been a little bit rocky, but the sales figures have been good And I've been loving the minis that they've been putting out for it I mean embracing that cartoon high fantasy element was a bold choice But it was also something of a natural step and it's really paying off both narratively and artistically I've not yet read much of the lore, but it's there waiting for me when I feel up to it And those character-on overlords are insanely tempting right now as to where or if it will be covered on the channel I'm sure I could ultimately work it in if there's demand. So let me know What is the greatest inspiration for your choice of music? I've always mentally pictured Tara and the various holy worlds of the Imperium as having a constant kind of devotional choir Singing hymns of praise to the emperor 40k bars a lot of its aesthetics from the gothic medieval and takes them to cartoon levels of grim and Gregorian chant and the devotional choral music that would develop from it really embodies that for me To my mind, there's really no debate is choosing what kind of music to set a lore lecture to It's so much more evocative to the setting Personally speaking than the aggressive and deep pounding bass horns that usually play over Warhammer videos Warhammer is routinely the antithesis to subtle so it's kind of nice to subvert that by adding in some subtlety How's your miniature painting and do you have picks of your work? Amateur at best with a lot of lapsed ears I still need to learn how to layer properly, but I'm happy with the progress I'm making there and also with my edge highlighting skills that my current alpha legion project has allowed me to get lots of practice with The Warhammer TV painting tutorials, which I mentioned earlier and the just amazing quality of Citadel paints have helped me improve my work in Leaps and bounds as has discovering Tamiya metallic spray paints for the specific alpha legion project I'm shooting for tabletop quality with them, but I'll throw some picks up on my Twitter feed at butstuffkaiju link in the description Besides the conflicts in the Istvan system, what were the craziest battles of the heresy? I'm going to go with Kalth as my favorite The idea that the wordbearers would use a superluminal ship to annihilate most of the orbitals in Kalth nearspace is Admiral Haldoh level cool and reading about it in no no fear still gives me chills Zana 2 is also pretty damn amazing and I can't wait to cover that one in a later video I still need to properly explore the Talarn books But they're very high on my to read list at the moment and I imagine they will also be suitably crazy Finally, I adore the battle of the a laxies nebula simply because it's really satisfying to see the Space Wolves desperately try again and again To bring a superior force down to their level of combat and said superior force a hem alpha legion best legion Denying it to them at every possible opportunity Simply because why would you ever get into close quarters combat with the Space Wolves? It's a great example of the 20th legion knowing full well where their strength lies and not giving the wolves the satisfaction of getting to fight The battle how they want to do it Do you have a particular favorite guard regiment either from a lore or aesthetic point of view? Hands down the death core of Kreeg because they combine both of those aspects The history grad in me adores the whole World War one trenches aesthetic and the Warhammer lore devotee in me can't get enough of their Grimm suicidal devotion to what is literally the worst regime in human history They truly embody the absolute hell that the 41st millennium is for the average human Which is exactly what the guard is supposed to do no genetic enhancements no high-tech equipment Just a las-gun unshakable zalatry and seamless indoctrination. They're like weaponized grim dark What more would you want in a guard regiment in your second raven guard video? You seem to be implying as heavily as possible that the karkaradons are the descendants of the marines which corax exiled with Arka's foul without actually mentioning the karkaradons in your academic opinion. Do you believe this is true? Yes The karkaradons were a great lore mystery for a while now But as far as I or really anyone can see the latest implication from the forge well fluff Is that they are a pretty direct descendant of the 19th legion predation fleets even aside from the belated connection that Arka's foul as a high-up historical mem of the karkaradons and a Noted legion master of the 19th legion before Korax showed up represents. I did not mention the karkaradon Specifically because they did not emerge into imperial records until the scouring at the earliest or the pentarchy of blood at the latest Which is a bit more current than my period remembrance or character currently inhabits Sorry world leaders fans. They are no 12th legion loyalists. Just a bunch of spurn 19th legion terrens with a severe lack of vitamin D Have you thought about reaching out to the wider warhammer community like alphabusa or arch warhammer If alphabusa wants me on text to speech He need only ask because that would be a literal dream come true for me And you should all annoy him on Twitter and his comments until he does so as for arch I doubt he even knows I exist I respect the hell out of the channel and community He's built even if he goes about it in a much different way than I do both stylistically and regarding our content schedules But I never say never to this stuff Especially when it comes to building bridges and ensuring that the community can be broader and more inclusive of all types of content creators I'm very new at this so any ideas you all have for what kind of collaboration you'd like to see I'd love to hear about them and obviously any shout outs You want to give me to any favorite community creators go a long way to helping make that happen What do you think of the Ultramarines? You will find out real soon But on a personal note, I was never anything more than meh on them until no no fear was released and entirely changed that Bro update the legio custodies video with the solar watch and shadow keepers If I push into the modern or present timeline of war hammer lore believe me the custodies will be a priority Codex adapters custodies was a delicious tome to pour over and it got me hankering to work on a small custodies attachment for my eighth edition Mechanicus army Where are you from the accent sounds a bit Irish born and raised in Dublin now living in Toronto The accent is the result of an Irish origin coupled with a few years living in North America Will you be changing your Twitter handle? Absolutely not What do you listen to while you paint? Black library audiobooks do in a pinch But I genuinely like nonfiction stuff so that I can kind of learn while I work on my minis I'm also a big fan of podcasts and as they go I'm a huge fan of the comedy button Which is always fun to work with and I find that welcome to nightfail and seer by Adam bash Vives really well tonally with the kind of work So those are my wrecks Who do you mean? Diva all the way, but I'm a flex tank and since I'm Irish I got a stand for Moira also in desperate need of overwatch friends in general hint hint Where do you want the channel to go from here? Obviously the next milestone is 10,000 subscribers and at the rate they're rolling in we just might do that as far as the future goes one of the things I'm very wary of is turning the channel into some kind of Content factory that I've seen you know plenty of examples of being on YouTube While yes catchy thumbnails and SEO friendly titles are part of any YouTube creators bread and butter And I am as guilty of this as the next man I don't want to be pumping out daily videos with eight minutes of waffle patting out two minutes of actual lore With the title card including you know three question marks or what have you? This is in no way trying to bash people who do we all got to eat and if you're good at it I have a ton of respect for you for making something out of what you got and your skill at doing it But this channel for me is a passion project done out of love for the hobby and love for the universe Not out of wanting to make as much as possible from the algorithms Inherent in the platform with videos and titles that clash with the channel's overall feel and kind of stated intent This isn't to say I won't expand out into different forms of content beyond the remembrance of records But those will always be my focus and where the vast majority of the channels work will go In terms of what I will actually be covering in the future The heresy will remain my focus for a while, but Xenobiology videos are on the way as our videos covering the night houses and the early Mechanic them there will also be more narrative stuff to Chronicling the heresy itself as it unfolds further field I fully intend on moving into the present warhammer 40k timeline eventually and there's some really exciting stuff happening there That I'd love to cover always as always Sound off in the comments if there's something you're just itching to see covered and I promise I will take it under consideration So this video has been a ton of fun to do and thank you to everyone who hit me up with these excellent questions I'll hold off on making another one of these for a while So for now it will be back to your regularly scheduled records Next up the bloody 12th Legion and all of their sweet sweet chain axes. So until then You can find the neglected but soon to be revitalized Oculus Imperial page on Facebook You can hit me up in the comments here or on Twitter where I am at but stuff kaiju not changing the name and You can also subscribe to my patreon if you feel like throwing me a buck or two for the work that I do as always Share any of my videos with the people that you think would like them that always helps But until next time Ave Imperator Gloria in Excelsis Terra


Some years ago in Germany there was an event that took place that would turn out to be a momentous for the Austrian school and For the cause of freedom and reason as well You're gonna Habermas the top Marxist in Germany had a brilliant student who had been raised up in socialism and That young man Hans Hopper came to the conclusion That socialism was not only deeply Amenical to human flourishing, but of course deeply immoral as well and So this young man who could have had and was certainly on headed to a brilliant establishment academic career Ending in a chair at a top university Didn't have that kind of a career because he chose the truth as versus to go along In the same sense that of course Mises and Rothbard did as well This young man later wrote to Murray Rothbard I can still remember Murray's Excitement and getting this letter from Hans that he wanted to come and study with Hans in New York and This had never happened to Murray before it should of course have happened to him But here was a student worthy of him colleague worthy of him What developed into a deep friendship Hans Went to New York study with Murray when Murray later was able to get his first chair in his first Appointment with graduate students at the University of Nevada Las Vegas. He worked to bring Hans there with him and together the two of them Established a Center for Austrian economics and for libertarian political theory that While it was allowed to flourish before the Marxist became dean and other Memorial was saying all deans are evil. I hope we don't have any deans here, but One of Rothbard's laws So to the you know, they developed this and of course Hans has gone on in Tremendous number of books in teaching in example to carry the Rothbard tradition forward and All I can say Hans is if Murray were here today, he would be definitely saying at a boy Hans and So I'm just thrilled and honored on behalf of the Muses Institute Jeff Deist and all of us to present to Hans today the Murray and Rothbard Medal of Freedom made possible by the late George Connell was a Rothbardian engineer in parachute, Colorado I always love the name of that town and He would be thrilled as well that Hans was receiving this medal It's Tremendously well deserved. Dr. Hoppe. I just want to say thank you very much and express My my luck and fortune that I met Murray Rothbard Who is in my view? Of course the greatest of all social theorists who ever lived I met many Extremely bright men in my life. I never met a person like Murray Rothbard Murray was a genius I Always felt a Poor soul as compared with with him. I've never met anybody like him He knew More than anybody else seem to know He worked with an enormous speed He was witty and Humble and was an inspiration For all who had contact with him That the last ten years of his life Except for his wife. I probably spent more time with him than anybody else This I will be eternally grateful for this Fortune that was bestowed on me. Thank you


Hi there, I'm Anthony Chung and I'm the Head of Market Analysis here at Amplify Trading. Every weekday morning I'll deliver a fundamental rundown ahead of the European Open. But if you subscribe to the channel, you'll also get content from the rest of the team. So, let's begin. Okay, very good morning to everyone. It's Wednesday, the 23rd of September. Hope you're doing well. Going straight into things this morning and certainly going to have a look at the FX market. We've already seen a bit of continuation of dollar strength but also latest catalysts being some renewed weakness in sterling currency on the back. Of course, renewed restrictions being announced by the UK government yesterday ratified by Boris Johnson in his House of Commons and Speech on national TV last night. So, let's delve straight into the charts and what we're looking at. And as you can see here, Cable having a bit of a breakdown this morning. I've just marked up a couple of charts here to share with you guys. So, we've seen some volatility in yesterday's session right in the morning. We saw quite a recovery. There were some Bailey comments where people obviously were looking for more details on negative rates and not seeing that materialized caused a bit of whipsaw price action on the upside. But then ultimately as the common speech materialized, we saw everything that was conveyed in the national press coming to fruition with the announcements of more stringent measures being put on place in order to control the exponential growth that we're seeing now with the alert level for status of COVID-19 in the UK. So, the pound coming under some pressure. We retested that same point of the initial volatility that we had the European open yesterday into the European close yesterday afternoon. Retested that again in the Asia-Pacific session and then we've seen a bit of a breakout to the downside this morning. We've just dropped momentarily through the 127 handle. So, decent 40-pip move there. Seemingly, a catalyst of sorts was the UK Foreign Minister Dominic Rab came out saying that cannot rule out a full second lockdown. I wouldn't say that was the reason. I would say it's a catalyst. Fundamentally, on the coattails of what happened yesterday, all the logs were on the burner if you like. It just needed a match to light the fire and I think that was the Rab comment. And obviously, Rab has been a person who's been very vocal and adamant about people going back to work and that's one of the main things in which the government has now reversed, of course, from yesterday's announcement.  On a slightly longer dated chart, this is looking at the bigger picture of near-term price activity for sterling because I do think that there is potential some room for further downside here. First of all, we've got to tackle the 12681 looking at sterling futures here, which is the S1, but any move beyond that point then. Technically, support doesn't come in until we start getting down to around that July 23rd low and that also starts to bring in some of the resistance areas that we were seeing at the beginning of July and then also around the previous response to that level and the 200 DMA, which has acted as a good cap to some of the upside movement that we've seen on the intraday today. That was, of course, a really important level to look out for, which caused a market reversal back on the 11th of September. So now we're below there, definitely a bearish setup from a technical point of view and fundamentally as well, plenty to go at into expectations of further sterling weakness about the implications these latest announcements could have and certainly a full lockdown certainly would have on the UK economic recovery. So, a couple of things then to also throw into the mix is continuation of dollar weakness. So obviously sterling weakening is going to benefit to a certain degree dollar strength and certainly on that cable break it's managed to see the Dixie just get above the overnight highs. The dollar index is trading up about a quarter of 1% at the moment. From a technical perspective, people are looking at the dollar breaking out of a downward trend line that's been respected since the overall beginning of COVID. We obviously saw on the initial commencement of the panic in the market sell off a very strong flights of quality bid into the greenback during the kind of devastating stock route that we're seeing globally at the time when it was being priced in initially. But then after that point then the kind of extreme accommodative measures adopted by the Federal Reserve saw persistent dollar weakness and we've just broken out now in the last day or so of that that descending kind of trend and we're up to retesting now around the 50 day moving average. So quite a key area here to have a look at this would certainly be a signal that would further add to the belief then that they could see some downside pressure materializing on cable. Let's have a look then at sterling in a bit more detail. We're talking about obviously what happened yesterday. The biggest blow is likely for sure to be felt of course by the hospitality industry which is being forced to close early from 10pm each night from Thursday this week. Now suffers from the government's new instruction as well to office workers to work from home and those new restrictions could potentially last up to six months is what the public is being prepared for by the government. So of course it's this idea of and you know it's quite interesting watching the news last night they were actually filming in a pub just down the road for me in southeast London and they were talking about it sounds like okay so what they're going to shut an hour or two earlier but this guy was saying well not only are they under pressure financially as a small independent pub let's say that they now have to actually bring in extra staff on a security basis because trying to actually enforce people to leave at a certain time as you can imagine comes with some complication and he was saying that's adding their costs are going up but their demand is going down and so they're already in a losing situation the respective of before some of these announcements are already being made and it's only going to be accelerated by this but also people not going to work you know we saw job losses in those types of related areas where you know a lot of these businesses are contingent certainly in the city where amplifiers based on the traffic of people going to work and then purchasing goods food during lunch breaks and so on so that not happening is certainly going to heat more pressure on the hospitality sector and so everyone is now looking to obviously Rishi who was such an important character of course when he initially unveiled a number of significant policies on the initial onset of the pandemic but growing calls are coming his way now to announce a new package of support for the hardest hit sectors when he delivers his autumn budget later this year the push of course is for a much more targeted extension of the furlough scheme the FT has reported that Sennach's colleagues have said a range of support measures were on the table and no decision has been taken as yet but several people briefed on the issue stated that work was underway on a number of options to subsidize workers wages now an interesting thing that the FT was talking about is a template that's been proposed by the CBI who've outlined a new scheme and that they're saying that's to be in place from November 1st which would be available to all companies in the last a period of a year it would involve a state subsidy if an employer was able to offer workers at least 50% of their normal hours the attraction here for Sennach the Chancellor of a CBI style scheme is that it would be able to keep people in the workplace support jobs that were still viable because remember he's had this and and probably a correct assessment of the idea of jobs being in somewhat suspended animation of their only being kept employed because of the furlough who would otherwise be let go and that's not a healthy thing obviously from a cost perspective or for just delaying the inevitable which is that the unemployment rate will go up at some point so again the attraction for Sennach here for the for the CBI style scheme is it can keep people in the workplace support jobs which are still viable if only on a part-time basis and so that could be something to look out for and I think something will have to materialize in this sense particularly for the hospitality sector something which has been our base expectation for some time anyhow so the other thing is let's have a look at the economy and and obviously following these latest restrictions that have been announced yesterday quite interesting to see the series of graphics that the FT had put together and we were already before yesterday seeing the Surgeon UK spending growth starting to tail off in September from this big resurgence that we saw through the summer so this is a graph looking at the percentage increase in consumer spending which had already started to initially peak and then has just softened slightly the other things then retail footfall picked up when shops reopened obviously in the middle of June June 15th but they still remain well down on their kind of normal levels in case of the UK still close to nearly 30% off normal levels and this is something that you know this kind of referring of more high-touch high frequency data rather than in these more traditional macroeconomic measures are a better way of mapping people's mobility and also then getting a more real-time sense of where we're at in terms of anticipating the economic recovery so here I guess the point I'm trying to say is it we were already were not fully recovered and now this initial this next phase is coming in and my assessment of the situation at the moment is that this this recent acceleration in covid numbers in terms of confirmed cases in the UK net result in increase in hospitalizations and subsequent lead deaths all of these numbers I think they go sharply higher over the coming weeks I think the government's kind of obviously caught between a rock and a hard price between dealing with a humanitarian crisis but also managing an economy which does have then secondary humanitarian consequence if people are left unemployed and it increases then people's poverty levels and access to medical care and all these types of things so it's kind of they're both bad situations but the economy function is a key component more medium long term to facilitating then better quality of life for all so obviously though they've got a confront a virus which is at risk of initial deaths so it's a difficult situation it's one where you know I'd say on the balance here the government's been very upfront with trying to prepare people for six more months of this and the potential for it to get worse with a second national wide lockdown a real prospect and I think a lot of that potentially and particularly with the announcement of kind of the sensational numbers of 50 thousand potentially by mid-october are being constructed in order to make people become more fearful and ultimately more compliant which in itself then becomes self-fulfilling to help to control the virus so yeah here at the moment I think things are gonna get get worse considerably so on this front and certainly that is going to impede the economic built-in recovery and so as a consequence should then net result continue to be a significant headwind for sterling at the moment and particularly if we start to see the dollar technically on a bit of a breakout at the moment and if that continues to remain the case then certainly compounding this is brexit negotiations which we're obviously coming to the crunch time right at the worst possible time where you know by my calculations looking at previous kind of developments of COVID what we see in main man Europe and in the previous first phase of the virus back in kind of March April time that really these numbers are going to peak at around the point of when the soft brexit deadline hits in the middle of October so it's definitely going to be an interesting couple of weeks to come for for not just a government but the sterling currency of course so football was already down that's going to get significantly worse levels of socializing eating out and travel have already decreased in the latest week after increasing through the summer and then football to restaurants pubs and takeaways has also been on a weakening trend since the beginning of the month so this latest development goes into an already slightly reversing situation from what otherwise had been quite a positive catalyst for for general perception of the economy's recovery going forward so that's the sterling story as I said there's some key technical levels I think that definitely need to be watched you can see we settled a little bit after that initial I think was more of a technical break would wrap comment being the catalyst rather than the actual reason in itself and you can see there's quite a cluster there's a really important area of support around 126 53 74 in the futures and which is around this kind of you know horizontal area here if I just draw a rectangle to make more sense of this which is here is the next key level of support any breach of that whether it comes today or this week then I pushed for lower down through 126 toward 125 is certainly on the cars which will then start bringing in those price areas that we're seeing back around the 20th 17th of July obviously then given the these types of moves the euro has also traded negative this morning by around 20 pips got some really important data coming out in the calendar in a short while it's the flash PMI numbers and so let me just quickly jump over to here you get the German number of course coming up at 830 got French numbers 815 excuse me German 830 euro zone nine o'clock UK 930 these all will be potentially market moving these are always very significant and in order to see generally the perception of confidence from these person managers at this point in time euro little bit susceptible here to potential downside break that s1s held in the futures so far during the Asia Pacific session had a brief flirt with it at the European Open but bounced and so certainly be keeping an eye there on the upside obviously here you've got the near-term range being defined by the low point that was seen at the London FX fix yesterday that was retested in the early Asia hours and also first thing this morning so it's confined to a fairly tight range and I would say that ultimately that's going to break one way or the other and the PMIs could well be the major catalyst for that price movement in the euro coming up within the next hour or so otherwise looking at the other charts equities well US shares reversed earlier losses yesterday and they come after drone power said the economy has a long way to go before fully recovering and will require further support and certainly that type of more dovish tone tends to be well received by markets particularly in the equity space however there has been dollar strength which we somewhat counterintuitive to that a lot of people have been looking at comments coming out of the Chicago Fed president Charles Evans yesterday just to recap Charles Evans who's due to become a voter on policy setting at the FMC in 2021 so he is currently a non-voter said yesterday the Fed still needed to discuss its new average inflation target but that it could start raising rates before we start averaging 2% and he said more quantitative easing may not provide another lift to the US economy so quite quite hawkish comments there there are some market commentators saying that these were taken out of context he was referring to the overall framework and flexibility of AIT but nonetheless again when we're at these technically important or sensitive levels like we were just discussing here with the dollar then it's a comment like that can certainly bump things out and if we get technical break we start to see price confirmation and we can get an extension on moves so the dollar certainly has has been a bit lively on the upside in recent sessions that seemingly continues to be the case particularly if it's supported by if we get weak eurozone PMIs puts a bit of downside pressure fundamental in the euro with already a negative narrative for sterling and certainly that that short-term dollar reprieve might might continue in terms of the overnight session if we go back and just have a quick look at some of the the equity markets you can see here equity index futures the S&P is pretty flat the NASDAQ is a slight negative but the usual case yesterday did see some outperformance was up nearly 2% comparatives to just 1% gains in the S&P overnight in Asia it was a bit more of a mixed situation failed to take philanthropists from the rebound in some of its global peers region a little bit more tentative ahead of ongoing US China tensions Japan playing a bit of catch-up just coming back from its market holiday having been away for the last two sessions and generally trading negative following that extended weekend session on the equity front do be aware that Tesla shares were down another 7% last night so remember they've had back-to-back quite significant losses in excess now of a 10% loss in just two days you might have seen then a lot of people you know he tweeted a little bit of pessimism the prior day about coming up for this battery day event that event then was delivered as far as what it was unveiling they laid out a roadmap to build a $25,000 car by 2023 and eventually 20 million cars a year part of a highly anticipated presentation that mainly that caused disappointment was short of any kind of spectacular fireworks or PR stunt which I guess people become used to and the lack of that force coming then has meant that their shares drop quite significantly post-market on that point of view and also as well these ambitions of producing a very low car low-cost vehicle to quite high volume is heavily dependent on multiple planned techno technological innovations which is all well and good promising but very very high bar to executing that type of plan of course when it's contingent on those types of things with the equity front obviously then the market still remains a little bit sensitive to Fed rhetoric I talked about the dollar potential reaction to those comments coming out of Evans one thing to be aware of is the speaker slate on that front is particularly busy when it comes to Fed speakers so if there was any misinterpretation from the Fed's point of view of how the markets have perceived that comment in a more perhaps hawkish manner then there's plenty of opportunity for the Fed to come out and realign markets expectations I wouldn't expect that to come from Fed's power his testifying before the house is much more fixed in nature but you've got people like feds Mester who is a voter speaking at two o'clock this afternoon feds Evans himself comes out and speaks again on current economic conditions and monetary policy at 4 p.m. so that would be the one I'd watch closely and does he roll that back slightly if so you could see some reaction of dollar weakness if that were the case Rosengren, Kishkari, Bostick, Kualas they're all speaking today so it's a really busy docket for Fed commentary so do bear that in mind definitely load it into the US session rather than this morning in the UK European trading hours a couple of other things then just to round off you have had the RBNZ they held interest rates as they are overnight as expected at 0.25% they kept their bond purchase program at a hundred billion Kiwi dollars they did refrain from jaw-burning the currency there was a momentary blip up in the Kiwi before then the move was kind of faded their monetary policy committee did favor introducing a funding for lending program for banks before the end of this year that was one thing that people looking at also the RBNZ said they're actively considering taking interest rates negative and it said it could do so in combination with the term funding for banks so perhaps then there was an initial knee jerk and it was faded on the back of those that type of more consideratory commentary with the Aussie as well you know if you do look at the Antipodean currencies that's also been a little bit weaker overnight I'll just bring the Aussie here into shot and looking at the Aussie futures we've found a bit of resistance here as Europe's come in after falling overnight on the breakthrough technically of what was yesterday afternoon's low so a little bit heavy there during the beginning of the Asian session as I said we've had a bit of a cap now the S1 so Aussie's down about 38 was interesting looking at the you know there was this long-term trend line break which was significant for the squeeze up that we had up to 74 through the back end of August but we're now back below that same trend line area so we quite interested to see how we play out here on the downside if we do continue to move lower than an area of support I'd be looking at for from here this is looking on the weekly charts would be you've got to get down to around 70 60 type area so it does open up the prospects of potentially directionally some more more weakness to come in the Aussie this why is the weakening well a couple things I guess more top-level ongoing apprehension regarding the US-China trade talks at the moment but more specifically dollars in Australia slipping overnight yields also decreasing following increasing calls for the RBA to cut rates at next month's meeting some of the RBA watchers are now insulating towards potential more action in the immediate future RBA deputy governor DeBetty spoke yesterday and recently outlined these various different policy options and some of which then would be indicative of more more policy loosening the other thing then oil markets we had the regular release of course of the API inventories last night we did see actually see a surprise build of just shy of 700,000 expectations were for a draw of four million oil has drifted a little bit south overnight it's down 39 cents in the futures in the front months contract at 39 41 ultimately though I don't think it was too much of a big deal here oil still well within its kind of near-term range the S1 little bit area of support near-term to price activity until we probably get the DOEs later on you've got the S1 does coincide with around the low point that we saw yesterday you can see that was also that previous though we had back on the 16th before the move higher so really I guess you've got to wait for the the infantry numbers from the from the DOE later to see whether or not if we break down through that level we'll look to retarget down towards the load of scene on the afternoon of the 21st one thing bearing in mind that's probably offset a little bit of that downward bias on the bearish dates on the crude figure gasoline was a sizable draw and I mean sizable 7.735 million analysts were looking for a draw of around 2 that is the biggest drawdown in gasoline figure since September 2017 in fact all right quick look then to finish the overview of the day ahead yeah these PMIs coming out are super important to keep an eye out for that you would anticipate to seize and reaction in the euro currency for sure and as I said we're restricted in a fairly tight range at the moment so break out either way is probably most likely then you've got the UK related figures as well which you know these are the September preliminary numbers they're going to not capture some of the latest announcements that we've had yesterday but as you already saw from some of that more high frequency data that some of the recent indications would perceive then that general confidence was deteriorating already and during the period of the last week or so so it will be interesting to see if we if you get a downside obviously surprise in the UK figures then that's obviously just going to feed further and fuel the flames of this general negative bias at the moment otherwise into the US session Feds Powell tested testifies to the house panel on COVID-19 so in front of the house today but again we've kind of we've heard what we need to hear from Powell this is more kind of repetition for different political sets at the moment but Feds Evans Rosengren Mester as I said a lot of Fed speakers to keep an eye out for and then you get the US market services manufacturing PMI at 245 later on today all right gonna leave it at that gonna wish you guys a good day ahead if you've got this far for watching thanks very much don't forget to subscribe to the channel and drop a comment if there's anything I can do any questions that you have I can help I'll be happy to alright guys have a good session ahead and I'll speak to you tomorrow