Posted by Farmboy
@ 17:44 on May 18, 2017
I have owned and operated several business’s in my life time. So am aware of all the ‘Tribute’ one must pay out along the way.
Mind you, this is not some ‘make a million’ scheme or goal. It simply is to provide a place for friends to meet, enjoy a 2.00 cup of coffe, share ideas, opinions, bitch about whatever. If there is a little in the till come months end, and the bills are paid, I will count it a great success.
Some call me a ‘Dreamer’. 🙂
Ps) I hate gold stocks, bunch of fickle idiots that neither understand, or stand by, their very own product. I hate trading. It cuts into my fishing time. But for now, it is a means to a goal. And so far this year, I have made enough to buy that first coffee machine. Now don’t go discouraging me about all the hassles of owning a coffee shop. LOL
Posted by Ororeef
@ 17:32 on May 18, 2017
I did for 25 years and everybody profited ..from MY investment ,my Hard work to an extent more than I did. The Franchisor got 16% of every dollar that walked in the door.The Marketing department structured every advertisement so the Gross went up instead of the Profit (their 16% ) instead of my net.The Government took 4.5 % of my Gross sales as sales tax,on my investment .It cost me $25,000 of investment to created every JOB I created (25)of them.Employees never even said thank you for creating the job they got ! The Franchisor lied to me about how the Rent was constructed in violation of the agreement. The Labor department told me to Prove I wasent discriminating under penalty of Law when I dident hire the idiots they sent down from thier unemployment rolls to test me . I was subject to 160 different TAXES to simply run a COFFEE and Donut shop …Paid Real Estate TAXES ,inventory Taxes ,even taxes on the equipment every year ,and had TAX FORM that read “This is where you report CAPITAL not otherwise Taxed”   …I had an accountant to pay who enforced the tax laws ,but I had to pay him .! It ran 7 days a week 24 hours a day! ..Now I only work when the Market is open….and NO weekends !
NOW is simply buy GOLD stocks and only pay taxes when I take a profit ! NO freeloaders on my investment.!    You still want to run a Coffee Shop ?
Posted by Farmboy
@ 17:28 on May 18, 2017
http://www.rationality.net/entropy.htm
Note: I was introduced to this principle (law) of the universe by an engineer friend who sought to prove, at least in his own mind, that there could not be a G-d, and that the theory of ‘Creation’ was a hoax. Had some interesting views on the subject, but in the end, what convinced him humans did NOT ‘evolve’ from a slime pit was the Law of Entropy. Well, that and his knowledge of Quatum Physics, which pretty much proves in his mind, that the theory of Evolution is a hoax. Made some sense to me, how he came to his conlusions, once he put in a simple terms. 🙂 Things, do not get better, improve, by themselves if left alone, but the natural course is for things to deteriorate over time. Such is the curse of the world we are experiencing. Things will only get crazier. Which for me, pretty much summarizes the current state of affairs.
Posted by Ororeef
@ 17:03 on May 18, 2017
Putting Obama in charge was in its effect ,just like putting Mandela in charge in S.A. The economic price will be paid for decades,but the Liberals “FEEL GOOD” about it.
Lets put the village idiot in charge ..thats FAIR ! Human Progress is set back by decades …life under Liberals gets worse as time goes by just like under communists because nobody invests in the FUTURE ..because theres no profit in it. So when the surplus runs out that the capitalists created ..its all over. All thats left is who gets the blame.!
Posted by Farmboy
@ 17:03 on May 18, 2017
In spite of everyone puking up mining shares first thing this morning, I was impressed with Gold holding a few bucks above the magical number of 1,250. Silver….who ever knows about that one. It blows more in the wind than Grandma’s laundry line.
Still kept enough JDST even if over weighted in JNUG. It was enough to prevent a trading disaster.
Tomorrow is a brand new day. Let’s see what fortunes, or not, it has in store.
Posted by Farmboy
@ 16:55 on May 18, 2017

Seriously, if it was not for the creation of those ‘Evil ETF’s’ I would not touch trading with a 100 foot pole. Thus far, having the ability to ‘balance’ my trading account on a daily basis, is the Game Changer for me. I lost $300 today, instead of $3,000. After 15 years on and off of trading, the ‘Buy and Hold’ just didn’t work for me. Its either learn a new way to trade, OR, I have had dreams of a coffee shop for years. Less work, less hours, less stress…maybe one day yet. 🙂 Besides this trading gig keeps me off the streets, which is probably a good deal for everyone. But I hear ya, buddy, trust me you are coming in 5×5. 🙂
BTW: You are still ‘trading’, exchanging paper for something you feel has/will have value. Your drug of choice is Bitcoin. A man has to believe in something. 🙂
Posted by Ororeef
@ 16:47 on May 18, 2017
Posted by Buygold
@ 15:04 on May 18, 2017
I don’t know ol’ buddy. The psychopaths seem to be working overtime to keep us in fear. It’s almost as if they are following some predetermined script.
Nothing makes sense to me anymore.
As for the shares, I’m we’ll beyond the point of trying to trade. Not really enough left to make an impact.
My retirement is worth 60% less than it was in 1998. Oh well, maybe nukes will change that, pretty sure economic collapse is just a 50/50 proposition for pm’s. We tried that once already. 🙂
Posted by ipso facto
@ 14:37 on May 18, 2017
I don’t think the Russians will like us bombing their allies. I expect their will be some Russian retaliation on those fighting Assad.
Pretty crazy shit going on … and I don’t see any steps towards sanity. A few more stupid moves by individuals and we could well be into a Nuclear War.
Posted by Buygold
@ 14:29 on May 18, 2017
After reading your latest article about Syria the impetus is also probably the same that we’ll be in another stupid war, maybe our last one.
These people in D.C. are just plain batshit crazy.
Posted by ipso facto
@ 14:20 on May 18, 2017
Well … if you’re not forced to sell shares then I say hang onto them. Time is our friend. The impetus towards catastrophe-economic blow ups is increasing.
Posted by ipso facto
@ 14:16 on May 18, 2017
US Coalition Jets Strike Assad Convoy In Southern Syria
With most expecting Trump to strike North Korea as part of his next foreign military adventure-cum-distraction from the chaos in D.C., the president once again surprised everyone by pulling a lighting bolt, striking twice in one month in the same place.
According to Reuters coalition jets have struck an Assad convoy in Southern Syria; near Tanf where US and British special operations forces have been training Syrian rebel fighters near the border with Iraq and Jordan. A US-led coalition spokesperson has confirmed that coalition strikes in southern Syria struck Syrian government militia “after it moved against US-backed forces in Syria.”
According to a BuzzFeed News reporter, Syrian rebels based with the US Special Forces in the area said that militia supporting the Syrian army has been nearby as well.
http://www.zerohedge.com/news/2017-05-18/us-coalition-jets-strike-assad-convoy-southern-syria
Posted by Maya
@ 13:34 on May 18, 2017
That chart is another major reason I don’t trade paper stocks anymore.  Even when you know about that chart, it still takes hold!  I dunno how you do it. I’d be broke in a hurry.
Posted by Buygold
@ 13:24 on May 18, 2017
Time and virtually all MSM are truly the enemies of the people.
I’ve never seen anything like it.
The scum is just toying with the shares. What a joke.
Posted by Richard640
@ 12:51 on May 18, 2017
The end is nigh, brother, the end is nigh!
World markets are like a pie crust stretched across the roof of a volcano!
Fu Manchu is about to pull the lever to the trap door!
Warbucks signals the trusty Punjab to cut the cords of the rope bridge!
Grease the skids! Happy tobogganing!
Chinese Insurer Warns Of “Mass Defaults, Social Unrest” Due To “Mass Redemption” Run
One month ago, China came “this close” to the one event which terrifies Beijing more than anything: a run on China’s shadow banks.
As a quick reminder, 150 customers of China’s Mingsheng Bank, the country’s largest private bank, were furious in mid-April when they learned that some 3 trillion yuan invested in Wealth Management Products, the backbone of China’s shadow banking system, had vaporized after bank employees had engaged in fraud and embezzled the funds without ever investing it (later it emerged that Mingsheng employees had put the money into “cultural relics” and jewelry, for their own use).
And while fraud and embezzlement are both endemic in China, the bigger concern raised by the article was the threat of a bank run across China’s massive and unregulated, nearly $10 trillion shadow banking system. Indeed, while there have been numerous allegations and warnings that China’s entire shadow banking facade, dominated by WMPs and other “investment products”, is nothing but a giant ponzi scheme in which recoveries – should there be a bank run, a topic recently discussed on Bloomberg – would be non-existent if there is ever a bank run, defaults of WMPs issued by big banks – and this case an unapproved WMP – are rare, as are shadow bank runs.Â
Posted by eeos
@ 12:27 on May 18, 2017
send those guys to march DC so we can start target practice
Posted by Ororeef
@ 12:21 on May 18, 2017
Banker: “One Million Will March On Washington If They Impeach Trump. They Will Be Armed”
via Soren K Group and Marketslant
Because He’s TNT
Sometime contributor Bon Scott who happens to be not only a Trump supporter but more importantly a Constitutional expert and Big  “L” Libertarian had this to say in response the ‘Impeach Trump’ escalation.
10,000,000 people will march on Washington if they try to impeach Trump… they will be heavily armed. I will be one of them. No kidding
Posted by ipso facto
@ 12:17 on May 18, 2017
Posted by Ororeef
@ 12:02 on May 18, 2017
Posted by eeos
@ 12:00 on May 18, 2017
Tired of these dirtbags playin us
Posted by Ororeef
@ 11:56 on May 18, 2017
Posted by Ororeef
@ 11:46 on May 18, 2017
Posted by Ororeef
@ 11:35 on May 18, 2017
Posted by Buygold
@ 11:29 on May 18, 2017
the SM can wipe out all the losses from yesterday?
Nothing would surprise me anymore.
Posted by Ororeef
@ 11:20 on May 18, 2017
full of COFFEE for the Bond Market this morning
That could put some caffene into the gold Market