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$15.66 backtested, i would really like to see a close over $15.70

Universal income would be a nice thought but you know what they’d do plus our weak immigration laws illegals would be piling in to get it.
Everything would just go up and not only make us dependent on it but the costs of living would make it so we never got it in the first place then they would hold it over our heads.
In Australia for instance they threaten to cut off money to parents who don’t comply to vaccinate their children.
What else could they make people comply to?

Universal income. Funded by the Fed Reserve is nothing more than “Helicopter Money”.    and that was Bernanke solution if he found it impossible to inflate..So thats an admission of the Feds failure to achieve 2-3 % inflation for all..The inflation has been confined to those that didn’t need it.! So universal inflation is NOW Universal income !

It simply proves that the TAXES like sales tax and Real estate TAX have fallen on the poor ..Sales tax has been a road to poverty. !  TAXES TAXES TAXES have benefitted Government employees and no body else. ! period ….Government taxes the Poor and bemoans the  result..shame on them Hypocrites. ! Government IS theProblem !   Thats what the meaning of is..is.    as Clinton said.

Government employees don’t pay TAXES ..Where do they get the money from that they claim is their share ?  Its given to them by the taxpayers isn’t it ? Government is the problem ! Reduce Government employees to 2 % and all those problems go away..!   Cut Sales tax 100 %  The retired ,the Poor and those on fixed income will no longer need Government assistance..or food stamps….Inflation and Sales tax and Bank FEES is a tax on the poor because they can’t pass it on..!

Universal income will help nobody if TAXES aren’t cut ,they will simply tax it away from them ,its a cruel JOKE Universal Income  !

I don’t think anyone ever programmed the names of the mining stocks into the Algo machines. The MOMO bots can’t even see them. For now anyways …

Maybe the market is expecting turmoil when the Democrats take over the house. Gridlock would really tank the stock market. I would guess a few retirement funds are starting to take a big hit.

rno

whether they like it or not…

up $.85 and surging. That $11.00 initial target may be this week.

rno

Another few billion dollars worth of stocks to put in the bottom draw and forget about…..How long before the scum own all of the SM ??????

Does anyone remember my posts from years ago??….That eventually TPTB will HAVE to just give people money? I even suggested they should just put $100 bills in with the circulars and junk mail.

The whole financial system is a man made and artificial. It all started gradually after 1913 that led to the depression, that led to the New Deal, NRA, National Recovery Act, calling for maximum hours and minimum pay. REMEMBER any of this?? ANYONE???

I remember they were paying farmers not to grow something. Still? I don’t know. We have twice as many cops and teachers that are needed. There are all kinds of tax paid public works that are not needed going on. I see GRANTS every day in the paper for various re-vitalizations of various town and villages.

People and businesses need to glean a PROFIT, over and above their COSTS. This includes families. Every house is a small business. When people or businesses operate at a loss, they end up gradually going out of business.

People START by not paying bills, businesses stop paying vendors, then THEY all get screwed TOO. Look at 2008. Joe stopped paying his 105% mortgage. Money handed to him for free, even though they had no down payment, no savings account. PLUS the could not qualify for a house rental. Three months up front and a perfect credit rating.

The whole system has evolved into a global welfare system. Globalization turned into Global welfare. Take from the Rich country and give to the poor country. Keep in mind too, any new regulations these bone heads create, require more tax paid gov’t employees. That provide nothing of value or need, but absorb things of value and need that taxpayers have to provide.

If they allow the HUI to break the 200 dma, that might indicate that things aren’t all under control.

Got the Jobs report tomorrow which is always bearish for gold.

After that, maybe some smooth sailing for a couple of weeks??

If only tax paying adults are allowed a vote, which vote is attached to their annual income tax return, it doesn’t have a prayer….but if all the freeloaders and deadbeats and druggies and “gimme’s” etc are allowed a vote it will pass by about 90%. THERE AIN’T NO FREE LUNCH, so the ones who have to pay should be the only ones who have the vote.

I need one as well…..just realised as I type that, though Cortez is clearly an airhead, as u say her logic is impeccable….If they can bail out GS and the Banksters, clearly the lowest from of life ever created and therefore the least deserved, why can’t they magic up money for everyone….

Ps not that it would be inflationary or anything…but that doesn’t matter as no-one apart from 10 gold bugs has any gold.

Never seen such blatant control…scum must be absolutely crapping themselves, because PM’s are the go to mkt now and their short possy is uncountable…..they are dead if metals break free.

I need a universal basic income, just because I lost so much money in the pm complex. Just sayin’ 🙂

They made Goldman Sachs whole, I don’t see why they couldn’t make me whole…

So I think we’re looking at a 1000 pt. down day in the DOW

Fear hasn’t reached fever pitch just yet, when it final does maybe gold will be its final destination.

that when the price of Gold or any metal goes up, the Co’s that mine it make more money and then pay dividends etc, which make the shares even more popular…and that what they see as a great correlation to the SM won’t hold….. their Algo’s will blow up and they will be back at home living with Mum, very soon, if they don’t wise up.

Av @ 162 tdy.

Silver up 1 %…but PAAS is unch !!!!

“using a combination of the Federal Reserve, a new public bank or system of regional and specialized public banks,” and other vehicles.

Aka the Magic Money Tree that airhead commies all have in their backyards….I’ve torn my garden apart and can’t even find a seed let alone a whole forest, like Cortez has…..it just ain’t fair.

In 2008, Goldman Sachs was the 1st entity to have ALL it’s defaulted debts bought off in full by the treasury…then the FED bought up-in the U.S. and secretly abroad–15 to 17 trillion $s of the bad debt of the fat cat bankers and other big corporations…so why not a guaranteed income and a medicare card for all and free food stamps & housing for the poor etc etc?

“Calls for a Universal Basic Income have been increasing, most recently as part of the Green New Deal introduced by Rep. Alexandria Ocasio-Cortez (D-NY) and supported in the last month by at least 40 members of Congress. A Universal Basic Income (UBI) is a monthly payment to all adults with no strings attached, similar to Social Security. Critics say the Green New Deal asks too much of the rich and upper-middle-class taxpayers who will have to pay for it, but taxing the rich is not what the resolution proposes. It says funding would primarily come from the federal government, “using a combination of the Federal Reserve, a new public bank or system of regional and specialized public banks,” and other vehicles.

ADT Jobs Report came out and crushed expectations by almost 100K jobs

Gold immediately started falling as usual but then bounced right back.

Looking good. Really need to see these shares breakout.

possibly the dollar and gold are both reacting to some other factor.  whatever it is, the brit pound is getting slammed too.  sterling is down sharply against the dollar, the euro, the jp yen, and the swiss franc.

dropping sharply in after hours. might be what is goosing the gold market. JNUG up 29 on after hours.

rno