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Buygold @ 8:45 Hoping One Day Trump Gets Around To Abolishing The Fed

Posted by Farmboy @ 10:55 on July 12, 2017  

Probably low on his To Do List at present, but I can hope. 🙂

The Fed’s track record over the past 100+ years is not very good. Trump would have history and the facts on his side. I still cannot fathom how a private entity is allowed control over OUR money !

Dumped my JNUG and USLV this morning. For several reasons. I FINALLY reclaimed my account high for the year on 5/24 and wanted to lock the profits in. I figured three consecutive Up days in the PM’s would be challenged. ( Is that allowed? ) lol

And I wanted to watch the Yellen effect on the markets to give a clue to what the PM’s are ALLOWED to do next. Been doing a little nibbling with the PM stocks the past few days in attempts to line up for a run UP this fall.

Would like to hear your opinion on how this ‘Trump Effect’ will play out in the Stock Markets this fall. It appears the Dems and Rhinos have neutralized his efforts to accomplish anything meaningful such as balance budget, tax cuts, Obamacare, and perhaps even building the wall. I read it as all of this will reflect itself in less optimism on Wall St, and aid the PM’s. Eventually.

Plenty of dry powder on the sidelines, just waiting for another clue as to which way to bet next. Going to pull some ‘fishing funds’ out shortly for some planned August/Oct trips. And trying to scrape up some extra bucks for purchasing the phiz. Perhaps the Power Ball Lotto ticket last night will solve all my dilemas. LOL

Best to you, Farmboy

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.