I’m curious about your take on the USD and where it is in the cycle…
Silver looking good, approaching $16 – let’s see if they sell them out of the gates.
I’m curious about your take on the USD and where it is in the cycle…
Silver looking good, approaching $16 – let’s see if they sell them out of the gates.
I still think there is some political brinkmanship going on with the IRAN nuke deal. Ovomit couldn’t get Isreal to submit so took it to the extreme and yet is not impeached.
http://conservativetribune.com/cia-officer-admits-the-truth/
I have to disagree with you on higher gas prices don’t hurt people. They do hurt people when their wages dont rise to accommodate the rising prices taking from their income.
They may sit all day at work but the costs incured by week or month in travel can double. 25 a week turns into 50, 50 a week turns s into 100. It might be okay if work is around the corner but not across town or farther like most. Also higher gas brings other prices up including food which is also too high as it really didn’t go down all that much after the 08 high but a little better. I remember at the high seeing a Hershey’s candy bar one of those big ones for 10 dollars. I couldn’t believe my eyes. All I could think was well this year a bunch of kids are gonna be saved from the dentist. I was thinking if I wanted some candy least knew out to make it and already bough up supplies when I saw it was gonna rise for baking. So yes it does make a difference. It just doesn’t make a difference economically with wages or creating jobs with lower prices either way. In California they used the lower prices as a exuse to add another dollar tax per gallon. They won’t drop that it it rises again, there too ,!!! brain dead unethically corrupt.
is being PAINTED as a “MODERATE” …this is not unusual for Democrats to use language to fool the masses.They call black .white and day ..night when it suits them knowing that people dont want to “THINK” they want to be told what to do !
He is not a “MODERATE” ,but just another left wing from the DC COURTS and would be the FORTH Jewish Justice to bring to the Court their Socialist views .Painting him as a “MODERATE” is a crime against the English Language .He is FOR GUN CONTROL and has the deciding vote to UNDO everything Scalia did to protect us,and will undo Reagans efforts to balance the Court with a conservative voice.
Just because someone is soft spoken and mild manered dosent mean he wont “Pick your POCKET” and your Constitutional rights. !
I dont care how mild mannered he is if he takes my rights away,nor do I care how GRUFF someone is if he Protect my rights .
I dont vote for manners ,but POLICY !
not just a little ,but designed to garner maximum effect ! call me cynical ,but I small a Rat when prices move against bullion especially going into the worst seasonal period for gold stocks and knowing the FEDS PENCHANT for STERLIZING what they do .
My charts say the 17th was the last day so maybe tomorrow does or dosent confirm anything ,but it is a TURNING POINT .
and I dont argue with my logic and reflect on emotions of the masses which always get them in trouble .To get to the POINT
I think its a TRAP.! WE shall see ,its only one mans opinion…
Probably one of Ted’s perks.
Just read demos are now behind anti cop black lives matter.
yeah stud, I guess it just depends how far the rulers want to take things before giving up control
“I guess if gold goes up it’s all good?”
Geez I hope so! Not so good if we’re gettin rich but the grocery store down the street is in flames.
Ted Cruz goes all-in for Monsanto; insults tens of millions of health-conscious Americans by calling them ‘anti science zealots’
(NaturalNews) U.S. presidential candidate and Texas senator Ted Cruz went all-in for Monsanto on the campaign trail in Iowa, parroting Monsanto’s propaganda by proclaiming that GMOs are feeding the world while insulting health-conscious consumers by equating support of GMO labeling with “anti-science zealotry.”
At the Iowa Agricultural Summit, Cruz revealed that he in effect fully supports the mass poisoning of the American people with hidden (unlabeled) GMOs, cancer-causing glyphosate herbicide, farmer suicides caused by GMO crop failures and the widespread genetic pollution unleashed by genetically modified crops. “[W]e shouldn’t let anti-science zealotry shutdown the ability to produce low-cost quality food for billions across the globe,” he stated, invoking a false claim that’s actually a widely disproven Monsanto talking point. (SOURCE)
cont. http://www.naturalnews.com/053315_Ted_Cruz_Monsanto_anti-science_zealots.html
Yes, outsourcing is huge which is why they cannot allow Trump to come in and fix that.
Protectionism is a good idea IMHO
No doubt the Republicrat convention will be a circus, especially if they try to overthrow Trump. I guess at least everything will be out in the open and hopefully the country will finally understands who rules them.
Surely the smartest folks in the room understand economics and the effects of Obamacare and lost high paying oil jobs.
I guess if gold goes up it’s all good? 🙂
re The pea brains wonder why lower gas prices aren’t helping the economy. First of all higher gasoline didn’t hurt the economy at all. So why would lower gasoline help? That’s like pissing on a forest fire.
It was all the outsourcing. Importing people and exporting jobs at the same time. Resulting in deflation in wages and hence lower income tax receipts. Also in many areas property taxes are too high, driving rents too high relative wages.
Heating oil hurt a lot more than high gasoline, because the heat in on 24 hours a day for half the year in the colder states. The car? They are turned off most of the day. All day at work, and all night at home.
That all sounds logical to me my friend!
Trump is looking better every day. The Repub convention is going to be a circus. Just hope they do the right thing. Weasels!
Tomorrow is the tell. If we continue to rally tomorrow, the Fed gave us the gift. If we get the usual post Fed slam, they are still in control. Simple really
“The pampered princes of the establishment keep pointing to the ‘great jobs growth’ while ignoring the low pay, part time nature of those jobs, and the slumping Labor Participation Rate. ”
What I think Jesse might also be missing, and what surely all the knucklehead economists are missing – including Yellen and her puzzling answer as to why lower gas prices aren’t helping the economy is two fold.
No. 1 – they miss the effect of Obamacare premiums on all but gov’t employees and
No. 2 – they miss the effects of all the high paying jobs lost in the oil collapse
Obamacare – is a job and income killer IMHO
Might explain why the Republicrats don’t want Trump, he’ll kill Obamcare and kill the pig insurance and pharmaceutical companies that feed them.
As always JMHO
the FED gave you a Gift ? Beware of FEDS bearing GIFTS !
Send us some picks when you have the time.
The Paper Price ,or the Bullion Price ?
on stockcharts 1263 close and 15.64 close on silver???? maybe refresh is in order? cheers wj
FOMC Statement – Backing Off On the Rate Increases, Lowering Forecasts
The Fed recognized that growth is slow, and that inflation remains subdued.
I include a chart of the real median household income to demonstrate why the recovery is so wobbly. Demand and investment are weak because most people have less money to spend. Wow, what a surprise.
The pampered princes of the establishment keep pointing to the ‘great jobs growth’ while ignoring the low pay, part time nature of those jobs, and the slumping Labor Participation Rate.
The ‘trickle down theory’ does little more than enrich the already rich, and stretch the fabric of society to the point of instability.
And I believe that this is purposeful, because they are caught in a credibility trap. They cannot address the root problems because it risks their place in the ‘system’ that they have crafted that rewards their wealthy and powerful patrons excessively at the expense of most others.
The Fed attributes this uncertainty to ‘global economic and financial developments continue to pose risks.’ And they have not only scaled back their inflation expectations, they have also scaled back forecasted GDP growth, which I think is still a bit optimistic.
If one looks at their ‘dot plot’ they are indicating a less frequent raising of rates this year, perhaps only two occasions rather than three.
I have included the Fed’s data sheet below the text that shows the difference between what they had forecasted in December and what they have changed that to now.
The US dollar dropped and gold took off higher like a scalded cat. Stocks remain mixed.
Janet Yellen will be giving a press conference shortly.
http://jessescrossroadscafe.blogspot.com/2016/03/fomc-statement.html