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NO wonder its so wide spread ..blacks are being used by the FEDERAL RESERVE as an excuse to Nationalize.
SOROS said they were easy to manipulate !
They have always sold themselves out for phony security,now they sold everybody out.! BEN FRANKLYN ALWAYS SAID “anyone selling freedom for security ..deserves neither ” WAS he ever right !
buy bonds from microsoft …whats that all about…like microsoft needs liquidty ? or does the fed think its Nationalizing the Giants with plenty of cash ?
It looks like a grab for private assets ….the time may have come for the FED to national Socialize one world gubberment…The federal Reserve is not part of the US Constitutional Government…..Who gave the “Feral” Reserve that authority..?
“Fed Distorting Markets And Nationalizing Private Assets
So with the Fed now distorting private markets and nationalizing private assets what individual bonds will the Fed be buying? Well, looking at the holdings of LQD, which they are buying outright, the Fed will be buying Microsoft bonds and I’m sure they will buy some bonds from Apple and Amazon. Maybe Jay Powell will talk about this today during his Congressional visit about how he thinks this is necessary that he is now a FANG+M bond buyer. Here are some other company bonds in LQD, Anheuser Busch, Goldman Sachs, CVS, Wells Fargo, Bank America, Verizon, Visa, Comcast and even Berkshire Hathaway…”
I’m 60% in pm shares in my retirement. 15% in my trading.
I haven’t touched the phyzz except to add in years.
Hope you’re right about the long term bull, we should be, but I don’t understand the action in the shares or silver right now. Both should be higher. God forbid HUI breaks 235-250.
20 Indian soldiers killed in clash with Chinese troops in border area, army says
At least 20 Indian Army soldiers have died in clashes with the Chinese forces over Galwan Valley, a disputed region north of Kashmir claimed by both Beijing and New Delhi. Beijing has not confirmed any reports of its casualties.
The Indian Army initially confirmed the death of one officer and two soldiers, but issued an official statement on Tuesday evening adding that the seventeen soldiers who had been critically injured were “exposed to sub-zero temperatures in the high altitude terrain” and succumbed to their wounds.
I don’t know if we still have more downside but I sure wouldn’t feel right being entirely out. I imagine you still are partly in. My thoughts are that gold and silver and the miners are in a bull market with a long way to go. Of course there are going to be hiccups on the way.
Of course I could be entirely wrong and we could fall for years more … but I don’t think so … 🙂
I hope we are not in a full blown Weimar situation but once these sort of policies are undertaken they are the devil to change.
They can’t get inflation with no money velocity. They can’t get consumption (70% of GDP) with an economy that was shut down for 3 months, and now threatening another 3 or 4 months. You can’t get inflation when debt demands repayment plus interest and all their “money” is a debt currency. Worse, you see destruction of inflation possibility when debt is defaulted. So what is their answer? Use fake money to buy everything and announce a weekend party at Bernie’s… that is the dead Bernie… because it is a zombie system and smelling like death has entered the room.
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ne·crop·o·lis
/nəˈkräpələs/
noun
a cemetery, especially a large one belonging to an ancient city.
Chinese Forces Kill 3 Indian Troops During First Deadly Border Clash In Nearly 50 Years
Following days of escalating tensions between the two nuclear-armed neighbors, Indian Army officials confirmed that three troops – an officer and two soldiers, to be more precise – had been gunned down by Chinese forces during a “violent faceoff” in Galwan Valley in the Ladakh region, which rests along the country’s border with China on Monday night.
A statement from the Indian Army says both sides were meeting to diffuse tensions building up on the border in the last several weeks. Other reports indicate the soldiers weren’t shot but had been killed during a rock-throwing melee reminiscent of another border incident back in May, where both sides reported injuries.
A statement from the Indian Army says both sides were meeting to diffuse tensions building up on the border in the last several weeks. Other reports indicate the soldiers weren’t shot but had been killed in a rock-throwing melee — very similar to what happened in May along the border when both sides reported injuries.