
Just like gold. If I were there Id not only have gold but US dollars. As Europe falls apart with far left socialism the great destroyer of money and replaces it with tax and gov power quests for now Id be buying US dollars too as money runs to other currencies. With the Fed here bent on playing games and raising interest rates it’s almost a given. Maybe there should be a executive order or better a law that the Gov cant borrow less they have a clear cut plan or collateral to pay it back that doesn’t affect us. Yep and that car will cost even more if you had to take a loan with a higher interest rate than you can get parking your money in a bank to buy it.
I don’t think its imports in itself the problem. After WW11 buy American they discovered that .. They could not sell to Europe for instance without trade because thus they couldn’t AFFORD to buy it. It works two ways. We’d have to become a closed nation. It’s because of taxes and regs nafta et all that drove the US manufacturer jobs out and uneven trade costa that caused the problem. We have to pay MORE for our exports in foreign ports than they say China does here. The Hwy coming from Mexico they were gonna build going through US to Canada but thanks to Texas was shut down would of made it worse. Thus their cheaper products wind up on our shelves out price competing American products. Plus China copies everything and wheres the regulators protecting US instead of harrasing us? Their not. We make US flags they copy and wind up on our shelves. Why aren’t they denied? Even military things made elsewhere. War is no longer a economic boost ” for us anyways” but a endless burden and Trump pointed some of it out. As a GB your probably aware China was even making fake coins. It’s almost funny. Theyve been studying us for years. Globally Who sells what to whom and for how much then the copies come.
As far as American cars were the cars as well as its parts indeed made in America. As far as cars people like diversity as far as needs, the truck for this the car for that and men like toys. If trade were even it would not be a big deal. But it isn’t and our jobs for our products are being outsourced and now insourced. The Gov let this get out of control. I’m sure kick backs to these unscruplous were involved. It’s like Dad worked his ass off those yeaes to make a business and dies. Here comes the spoiled kids with they keys and parties it away. What we’re dealing with now.
I could not find the author of the story. He actually never mentioned what the truth was. Like support for the medical lobby. However, he did unwittingly EXPOSE how many more occupations were created.
Parts:
“A great deal of ObamaCare legislation had nothing at all to do with healthcare but no one including the Freedom Caucus says that today.”
“Over 10, 000 new IRS employees were hired to implement it. Not one is fired by any repeal bill proposed.” Answer Create tax payer service jobs.
“Approximately 150 new agencies were started and completely staffed by the ObamaCare bill. Office space leased or purchased, computers, phones, light bills, water coolers, wages and salaries, increased federal contracts for maintenance, communications etc and not one bit to be stopped or removed by repeal. Why?” Answer, create taxpayer service jobs.
“Why do you think hundreds of GOP congressmen ALL failed to have a decent repeal plan ready? Why did they fully fund it every time Obama asked? Why did they ignore the bribes and crimes used to pass it in the first place? Why do the conservatives say they oppose Ryan being a RINO then turn right around and unanimously vote to keep him in charge?”
Answer.
REPEALING OBAMACARE WOULD KILL MILLIONS OF JOBS. And millions of hospitals would go bankrupt too. The medical industry SERVICE, is totally bloated like all the shopping malls and retail stores. They need to be fed, or absorb lots and lots of customers, or patients like the “BLOB”, remember that movie?
Everything the local domestic gov’t does, is create artificial jobs. I coined it “occupation creation”. The REAL people in charge, pro foreign, have been doing everything possible to AVOID giving OUR work back.
The USA has been importing far more than what’s been exported. Therefore the whole damn country lost a lot of money, hence all the affordability problems.
I don’t understand why everybody does not blame IMPORTS. Maybe its because everybody and their uncle is driving one. Nobody will ever get me to think imports are not a problem. I can’t stand the SIGHT of them, and I have no respect for anybody that drives one.
However its too late now to care. The news trends are in motion. Bon apatite. Let’s all buy a new import and crash the system faster.
A couple of Italian Banks fail and the Euro is still a little stronger? Go figure. 🙂
Gotta love the fiat indexes – one pure way to keep gold from acting as a currency.
Nonetheless, silver wants to go back toward $17.35 and gold has had higher highs and lower lows since December.
We’re going to get out of this mess in the pm’s – JMHO.
How has this signal performed over the past 30 years, since 1985?
If we define a crash as a 15% decline, of the previous 34 confirmed Hindenburg Omen signals,
Put another way, there is:
Anyways Health care isn’t about imports.
Here’s some good articles by complat Lynn wrote. It may open your eyes.
the wealthy participants do not seem to be holding significant quantities of physical silver or gold. Â It is not that they could not afford the vaults for safe storage. Â It strikes me as strange but it seems that the convenience of dealing in paper vehicles for the PM portion of their wealth is more important to them than the other choice of storing physical precious metals.
But they have their reasons for doing what they are doing, and so do I.  For me, a guideline for a long time now has been the idea that if holding physical gold and/or silver  is good enough for China and for people of China, and for Russia, and for India, and Turkey and a few other jurisdictions also, then the same should be good enough for me too.  I am referring here to core, long-term holdings, because I admittedly also participate in some shorter-term holdings of equities of PM mining companies, with the latter strongly weighted towards silver producers rather than gold producers.  Cheers.
On the surface markets remain quiet. Not even yesterday’s announcement of the Republican’s new health plan has had a noticeable impact. In fact, leading averages S&P 500 and the DJI (Dow-Jones Industrial Average) actually eked out new all-time highs this week. It would take enormous courage to recommend selling in the teeth of such sustained buying, but as always we are compelled to truthfully report our observations. We are not always right, but we always believe it.
Despite the Uptrends, in our judgment a number of our important proprietary Technical Indicators predict that this market will soon be turning lower. The confluence is that leading averages are in Uptrends while Indicators are pointed down, challenging us as to whether we should stay with the uptrend, or try to anticipate the decline.
When might the market be in such a possible decline? Nobody is smart enough to pick the exact day, but if the Top is going to come we expect it around this summer, July and August. Any more precise than that? If we had our arm twisted, we would guess the selling will be in July, maybe within the month’s early days. Around the July 4th holiday will see the surprise decline. We also suspect that the market Top would approximately coincide with a resumption of the long-term gold and silver bull markets, and we are still confident that their very high price rises are somewhere ahead in what we call “The Coming Wave III.”
In these sleepy markets, where on the surface not much appears to be happening, in fact the combination of frothy over optimism in some of China’s blue-chips (such as Tencent and Alibaba) also look as if they should be sold, believe the unbelievable or not.
    Again giving us pause is that the precious-metals stocks might be beginning to firm, led by palladium metal having reached another new high. Sensing that the market is waiting for some kind of event to move it off its flatness, that event might be in the geopolitical arena. America for the first time has shot down a Syrian plane, Russia’s client that had been bombing American-backed ground forces.
A little worrisome that these guys don’t feel the need to hold physical metal with the exception of Einhorn.
Would have thought Dalio was a holder of phyzz since he’s supposedly such a good friend of Bill – apparently not.
“If and when the paper gold market implodes and the price of real physical gold diverges from the paper price of gold, the world’s billionaire investors will need to line up their ducks and explain to their partners and shareholders if they actually hold tangible physical gold bars, and if not why not.”
My take from reading the article is that all these guys have 100% faith in the fiat system and that gold is nothing more than a trade for them.
Thank you.
Subject: Trumps Russian Connections
I wonder why we don’t have THIS ground in our ear on a daily basis by the media?
Remember when Donald Trump was business partners with the Russian government and his company got $53 million from a Russian government investment fund called ‘Rusnano’ that was started by Vladimir Putin and is referred to as “Putin’s Child”? Oh wait…..that wasn’t Trump, it was John Podesta.
Remember when Donald Trump received $500,000 for a speech in Moscow and paid for by Renaissance Capital, a company tied to Russian Intelligence Agencies? Oh wait, that was Bill Clinton.
Remember when Donald Trump approved the sale of 20% of all U.S. uranium to the Russians while he was Secretary of State which gave control of it to Rosatom, the Russian State Atomic Energy Corporation? Oh wait ……that was Hillary Clinton.
Remember when Donald Trump lied about that and said he wasn’t a part of approving the deal that gave the Russians 1/5 of our uranium, but then his emails were leaked showing he did lie about it? Oh wait ……. that was Hillary Clinton and John Podesta.
Remember when Donald Trump got $145 million dollars from shareholders of the uranium company sold to the Russians? Oh wait…..that was Hillary Clinton and the Clinton Foundation.
Remember when Donald Trump accepted millions in donations from Russian Oligarchs like the chairman of a company that’s part of the Russian Nuclear Research Cluster, the wife of the mayor of Moscow, and a close pal of the Putins? Oh wait…… that was the Clinton Foundation.
Remember when Donald Trump failed to disclose all those donations before becoming the Secretary of State, and it was only found out when a journalist went through Canadian tax records? Oh wait, wasn’t that Hillary Clinton?
Man… Trump’s ties to Russia are really disgusting, aren’t they?
Speaking of Catholics,
…got this email:
The Nun’s Blaspheme while golfing
A nun walks into the Mother Superior’s office and plunks down into a chair. She lets out a sigh, heavy with frustration.
“What troubles you, Sister?” asked the Mother Superior. “I thought this was the day you spent with your family.”
“It was,” sighed the Sister. “And I went to play golf with my brother. We try to play golf as often as we can. You know I was quite a talented golfer before I devoted my life to Christ.”
“I seem to recall that,” the Mother Superior agreed. “So I take it your day of recreation was not relaxing?”
“Far from it,” snorted the Sister. “In fact, I took the Lord’s name in vain today!”
“Goodness, Sister!” gasped the Mother Superior, astonished. “You must tell me all about it!”
“Well, we were on the fifth tee — and this hole is a monster, Mother — 540 yard par 5, with a nasty dogleg right and a hidden green … and I hit the drive of my life. The sweetest swing I’ve ever made. And it’s flying straight and true, right along the line I wanted … and it hits a bird in mid-flight!”
“Oh my!” commiserated the Mother Superior. “How unfortunate! But surely that didn’t make you blaspheme, Sister!”
“No, that wasn’t it,” admitted the Sister. “While I was still trying to fathom what had happened, this squirrel runs out of the woods, grabs my ball and runs off down the fairway!”
“Oh, that would have made me blaspheme!” sympathized the Mother Superior.
“But I didn’t, Mother!” sobbed the Sister. “And I was so proud of myself! And while I was pondering whether this was a sign from God, this hawk swoops out of the sky and grabs the squirrel and flies off, with my ball still clutched in his paws!”
“So that’s when you cursed,” said the Mother Superior with a knowing smile.
“Nope, that wasn’t it either,” cried the Sister, anguished, “because as the hawk started to fly out of sight, the squirrel started struggling, and the hawk dropped him right there on the green, and the ball popped out of his paws and rolled to about 18 inches from the cup!”
The Mother Superior sat back in her chair, folded her arms across her chest, fixed the Sister with a baleful stare and said …
“You missed the fucking putt, didn’t you?”
the markets closed for the weekend there is time to get caught up on some PM-related investment research. Â One thing that impressed me in the research that Ronan Manly summarizes in the link below is that it is important to read beyond the headlines. Â For example, Manly re-examines a recent Sprott-generated infographic which gave the impression that it may be wise to invest in gold because important billionaires are doing so. Â Manly points out that the billionaire “investment in gold” actually involves significant investment in PM futures or ETFs, but not a great deal of direct holding of physical precious metals.
Read the details, not just the headlines. Â Have a good weekend, all readers of Goldtentoasis.
https://www.bullionstar.com/blogs/ronan-manly/worlds-billionaire-investors-actually-buying-gold/
Macquarie bank faces class action over advice on worthless Brazilian mine project
Macquarie bankers drug colleague with valium and laxatives
Yikes! Alex can have that thing. I dunno…. that image could be the cause of what Seinfeld described as “shrinkage”…. maybe even an uncontrollable urge to run the other way.
Yeah I know they’re out there. Many charge patients who haven’t been seen in awhile for services they never needed. Back in the 70s and 80 s there were doctor feel goods who would over prescribe narcotics. Many of those you don’t even see around anymore. They were also given common place on the hospital even in maternity if mom having trouble sleeping. Another thing that’s waisting money is they system that oversees them. It’s layers upon of layers and regulations upon regulation so even if their honest they will make it impossible given time and staff get them on something not to mention cost they can pass to us. It nurses as well asked for all the money back they didn’t get for missed or partial lunches and overtime theyd owe them a bit too.
Tons of this stuff on the Internet. This one is really funny.
story: 15 Fraud and Abuse Cases Making Headlines in 2010
Part: 3. Los Angeles’ City of Angels Medicare fraud consent judgement. Intercare Health Systems, formerly doing business as Los Angeles’ City of Angels Medical Center, agreed to a $10 million consent judgment in May to resolve a civil lawsuit against Intercare by the United States and the state of California for a Medicare and Medi-Cal fraud scheme, according to a U.S. Department of Justice news release.
City of Angels was accused of violating the False Claims Act and Anti-Kickback Statute by paying illegal kickbacks to recruiters employed at Los Angeles homeless shelters to deliver homeless patients by ambulance to the hospital for medical treatment regardless of whether their clients in fact needed or requested such treatment. City of Angels would then bill the Medicare and Medi-Cal programs for a variety of medical services allegedly rendered to the homeless patients, many of which were not medically necessary.
When it comes to money, some people money problems and you never know how desperate they are to cheat. Doctors with drug habits, (I heard is common) addicted gamblers, robbed blind due to a divorce etc etc. Some are just plain greedy. Never satisfied, never have enough money.
Years ago when working in a defense plant with big complicated blue prints, whenever I found one mistake, I knew there were others, and had be extra careful. Some engineers were 100% perfect. All their phone numbers were always on the drawings, and I would sometimes call them to straighten things out. I’m thinking its the same with Doctors. If you find one bad one, you can figure there are others.
Stories:
A Michigan doctor who misdiagnosed patients with cancer and then bombarded them with unnecessary treatments will have to face his victims — who lost their health, savings and trust — at an emotional sentencing hearing that opens Monday.
The breadth of Fata’s misdeeds was laid bare last month in a sentencing memo from prosecutors, who revealed for the first time that a total of 553 people allegedly got unnecessary treatment — amounting to 9,000 injections or infusions that cost insurance companies and patients millions.
In requesting a 175-year sentence, prosecutors compared Fata to Ponzi schemer Bernard Madoff, who was sentenced to 150 years even though he was in his 70s.
“In many ways, he is worse than Madoff, in that he wreaked damage on not only his victims’ bank accounts, but their bodies,” they wrote.
(M.C. note, gov’t knew about Madoff, and looked the other way because he was generating revenue. I’m sure gov’t is still looking away on lots of things that help generate income for unneeded excess people)
“We need to uncover and correct the fundamental reasons behind the collective failure of our medical system at all levels which enabled this despicable fraud [to continue] for such a long time,” said the doctor, Soe Maunglay.
story;
How Whistle-Blower Helped Expose Michigan Cancer Doctor
Earlier this week numerous former patients spoke against the doctor. Some of the victims who spoke never had cancer, others were over-treated and some had treatment for different cancers than the ones for which they were diagnosed because it brought in more money.
“I misused my talents, yes, and permitted this sin to enter me because of power and greed,” Fata told the court.
Dog snack dupes dozens of parents, store apologises
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11876840