Do aliens Reside on Earth in the Guise of Human Beings?
Total Voters: 31
Loading ...It is April 2008 and you have a miraculous mortgage tied directly to the fed rate.
Your monthly mortgage payment is $ 1000 a month ( @ 2% )
It is election year , and in October , the mortgage drops to $750
Later that month , it looks like Obama is going to be elected . The mortgage drops to $500
Obama IS elected . Just before Christmas the mortgage drops to $ 125 a month ( 0.25% ) . You go wild on presents that year !
2009 – Obama is now the President . The mortgage stays at $ 125 a month
2010 same thing 0.25% trade the Honda Civic for an Accord
2011 same thing 0.25%
2012 same thing 0.25% trade the Accord for a Cadillac SUV
2013 same thing 0.25%
2014 same thing 0.25%
2015 same thing 0.25% trade the Cadillac for a Mercedes S class
December : Trump looks strong , rate DOUBLES to 0.5% . Mortgage jumps to $250 …DAMN !
2016 Trump says the economy has been a bubble for eight years .
November 2016 Trump is elected .
December 2016 the fed rate is increased by 50% to 0.75% . The mortgage jumps to $375
Hamburger instead of steak for New Years dinner .
2017 January – Trump becomes President .
March … fed rate jumps to 1% , Mortgage jumps to $500 DAMN that Trump !
June …. fed rate jumps to 1.25% and mortgage increases to $625 Trump’s fault !
Dec. …. fed rate jumps to 1.5% – the mortgage increases to $750 Trump just took away Christmas – return the Christmas presents for a credit on the cards .
2018 March ….fed rate climbs to 1.75% Mortgage is now $875 Trump is an SOB !
June …..fed rate moves up to 2% Mortgage is back to $1000 …8 times what it was under Obama . Trump is a moron !
Sept. ….fed rate now up to 2.25% Mortgage is now $1250 – it has NEVER been this high – Sell the Mercedes . Rice and beans for supper . Wife wants a divorce . All because of Trump !
Oct. Market Starts to break down . A$$hole Trump blames the fed .
Yes a 2% rate increase is a BIG DEAL !
http://ponziworld.blogspot.com
A cubic foot of Gold weighs 1,206 lbs. 12″X12″X12″ More than a half ton. Those sheet metal shelves in the background are not even sagging. Even if they were blocks of aluminum it would be a lot of weight.
Vietnam war they caused flooding to slow down enemy troop with quote,”make mud not war.” Operation Popeye.
I like Trump and what he’s doing with about everything but Trumps in real estate. I’m sure he knows interest rates low property prices up. We seen before what that causes, bubbles. Greed and artificially raised prices making it unaffordable for the majority of people and retired on limited income impossible. They raise rentals every year faster and higher than any Cola will give them esp when they raise medicare premiums up with it. SS is supposed to get a 2.8 raise next year probably thanks to Trump but medicare will probably take most of it. Give with one hand take with the other.
“The older people that DO own real estate or shares, don’t really need anything to spend money on. Re the excess growth in real estate or shares, money supply? Those owners if they see price drops in stocks and real estate, and start cashing out, the only places would be sweep funds into U.S. treasuries and or gold and silver. The 401 k plans? I don’t what they would do. Bonds?”
Agree 100% with this comment. Real estate is already in a price decline and this is just the beginning. I think big socialist states like CA. will see 50% or more declines in R.E., I’ve seen it before. Stocks – maybe, we’ll see. Trump is smart to start calling out the Fed to apply blame when we get a real downturn.
At least when the SHTF – artificially created by the Money Masters – the FED has room to cut rates in the U.S. – Europe is already at zero, where do they cut, negative?
re your…”lotsa drooling bargain hunters…that has been the correct modus operandi for the past 10 years…but I think the majority will be surprised by stocks continuing down and gold continuing up…”
Comment:
I agree. Starting in the middle of 2016, when Trump/they were announcing the new master plan to rebuild the US economy, from then until now was just a huge knee-jerk reaction. Re the “no inflation in sight” their media keeps saying?
Inflation defined as increase in money supply? In reality, higher prices out of thin air, for stocks and real estate is a net HIGHER money supply. Unfortunately it’s not helping the poor masses 18 to 24 years old, spend money, if they don’t have any real estate or shares to cash out and spend into the retail and service sector.
The older people that DO own real estate or shares, don’t really need anything to spend money on. Re the excess growth in real estate or shares, money supply? Those owners if they see price drops in stocks and real estate, and start cashing out, the only places for cash would be sweep funds into U.S. treasuries and or gold and silver. The 401 k plans? I don’t what they would do. Bonds?
Heavy buying in Bonds should naturally lower rates (if the Fed allows it) and lower the dollar.
as punishment for Emissions cheating ..Stock fell from $40 to $15 Stockholders got screwed !
trading as an otc stock symbol VWAGY ….NO ADR trading under old symbol VLKAY GONE !
This will SCARE US citizens and Funds from holding any foreign stocks BIG RISK !
HUGH implications !Time to Get out of foreign stocks ????
Relative Scarcity of Physical Gold Prompts Large Drawdowns From Funds and ETFs
https://jessescrossroadscafe.blogspot.com/2018/10/relative-scarcity-of-physical-gold.html
Chile environmental court orders Barrick to close Pascua-Lama gold mine
Chile environmental court orders Barrick to close Pascua-Lama gold mine
Canada’s Rusoro Mining reaches $1.3B deal with Venezuela
Yep Cots are looking better and better. I agree with you … it would be unlikely that those who have been manipulating the market for so long to somehow not benefit when gold breaks out. Got my fingers crossed!
Have a great weekend!
Thanks for the COTS
Yep, another bullish report. It mattered this week, whether it continues is anyone’s guess.
I know this goes back to Tuesday before the rally but I’m surprised that the funds got even shorter.
I hate to invoke the words of Sinclair but he did say at the end times the banksters would be long….