Loading ...Saying the AAII survey represents “investor sentiment” is like saying AARP represents “people”. And if you bought stocks the last time “investor sentiment” was this low for this long, you woulda had a hefty 49% drawdown.
From sentiment trader
Ipso
I wonder if they’re going to let it get so bad that people welcome even the UN to come in?
They are also trying to harass and cause fear of going out before elections.
It’s everywhere right now. Friend of mines daughter moved to Oakland full of gangbangers but some parts of it are raising rent really high making these computer job type cities. The criminals go there from the bad areas to rob them. Her daughter was robbed at gun point recently. Took her purse wallet phone and keys. She had to change locks and get that all back on top of ID theft protection and the trauma of being robbed by gunpoint.
Now because of high rent there moving here and rents going up due to supply demand too.
Last time it happened here is when they were coming from LA for the same reason.
They eventually mostly left or went to jail. This city is big and will absorb them and cops not afraid to arrest and despite gun laws most are armed.They won’t not say anything like in these areas they won’t talk. They don’t want them here and won’t hide them.
So there mayors and city councils who think their safe from what they unleashed on others living in high income areas better think again because they generally don’t rob from their own areas although you can’t leave anything outside they’ll go to theirs.
Hear and Obey … Present your Neck for the Knife
Minneapolis Authorities Warn Residents “Prepare” To Be Robbed & Obey Criminals
Buygold @ 21:18
We’ll be able to pay for most of what we owe.
There is still negotiating to be done.
email me if you like.
PS It’s around $2600 give or take.
Ipso thank for keeping the tally
What is the total that we can send Weldon less minor expenses?
Are you close to that given that most donors contributions have been received?
I know we owe Weldon a few years worth. 🙂
Plausible
The Spreading Feeling “This Is Happening All By Design”
As events unfold I have witnessed a growing opinion being batted around that something sinister is happening beneath the surface. This includes the feeling we are no longer in control of our fate. More and more the idea that form follows function and the winners were picked before all this started is being injected into the mix. This theory embraces the proposition the bottom half of society is destitute and totally dependent on the government which means they have been removed from the battlefield. Now that these people are no longer a threat, corporate and government collaborators are consolidating power and control.
https://www.zerohedge.com/political/spreading-feeling-happening-all-design
R640 Yes ………………. All checks or other funds which have been pledged have now arrived. Thanks to you all for helping keep Goldtent Oasis alive!
treefrog $100
old-timer $100
amals $100
Maya $100
Mr. Copper $100
Midnight Gardener $200
Deer79 $100
Surveyor $100
goldielocks $150
Richard640 $100
drb2 $100
redneckokie $100
silverngold $128
Buygold $100
Anon BC $100
Samb $100
mruk $100
an anonymous
friend from OR $150
Aquila $100
Alex valdor $100
puptent $100
Maddog $100
Warren $100
ipso facto $100
A ZH reader
Well…I hope all have prepared. I do think this is it….
It is just a matter of limited time….
The printing into oblivion will continue….
The Virus will be ramped up again…
50% of small businesses are GONE for good.
30 million unemployed and as soon as Oct 1st hits…millions more fired… (That is the final day you have to keep people on for the PPP to be forgiven)
So what does it mean? Well…the print means stocks through the roof…Metals through the roof. Your way of life is going to change drastically….
There is NO GOING BACK….. This is uncharted waters… The other side of this does not look pretty….how long do you think “They” can keep it together?
The ONLY way to stop this is to OPEN IT ALL UP NOW…F*&K THE VIRUS…..otherwise…bye bye
Fundraiser … Check received from
Warren
I guess the Post Office still works! 🙂
Thanks for fulfilling your pledge!
diamondhead @ 17:31
Is the US government going to stop debasing the currency? Are they going to raise interest rates? If your answer to these questions is no then you have nothing to worry about. The big move is still upward. JMO
The schizo “great” ISM Manufacturing report today=
[What they are saying? “Naturally, after an economy has been shut down and then reopened by government fiat, huge numbers of respondents will answer that business conditions, orders, production, etc. are better than they were when the economy was fully or partly shut down,” wrote MFR Inc. chief economist Joshua Shapiro in a note to clients.]
ISM manufacturing index climbs to 15-month high of 54.2%
[“Overall business remains down almost 70%, said an executive at a manufacturer]
The numbers: American manufacturers expanded in July for the third month in a row, but senior executives say production remains well below pre-pandemic levels and not all the jobs are coming back anytime soon.
The Institute for Supply Management said its manufacturing index rose to 54.2% from 52.6% in June, marking the highest level in 15 months. Economists surveyed by MarketWatch had forecast the index to total 53.6%.
The high level of the index is somewhat misleading, economists point out.
Although readings over 50% indicate growth, the index does not measure the actual amount of production or tell how much it has improved. The survey basically asks executives if their businesses are doing better or worse compared to the prior month.
“Diffusion indexes like the ISM capture rates of change of activity, not levels, and output remains depressed,” said chief economist Ian Shepherdson of Pantheon Macroeconomics.
Other economic signposts such as durable-goods orders, industrial production and the monthly U.S. jobs report show that companies are producing significantly fewer goods and employing fewer workers than they were before the pandemic.
What happened: The ISM’s indexes for new orders, production and employment all rose.
The index for new orders jumped to 61.5% from 56.4%, while the production gauge rose to 62.1% from 57.3%.
The employment index, meanwhile, edged up to 44.2% from 42.1%, but numbers below 50% signal that companies are still cutting jobs.
“Incoming orders are slow. This is usually our busiest time of the year, but production is reduced due to lack of demand. Additional layoffs expected,” said an executive at a furniture maker.
“Overall business remains down almost 70%, said an executive at a manufacturer of transportation equipment. “We are hanging on to as many employees as possible, but we will have to lay off 30% or more for at least two to three months until September or October.”
Getting nervous
Anyone else here getting nervous that this could be a top? Maybe I’m scared still from the past, but I’m half expecting to wake up and see gold down $100! Also these mining shares have gone up a lot in a short time! Believe me, I want to see more gains! But with gold just shy of $2000 the mining shares still seem so far down! I’ve been holding MUX, GORO, GPL, for years! I would hate to see them get smashed down one more time! Aloha, Diamondhead
P.S. Regarding The Deep State Globally Influential Media?
With all the coverage of the crashing Dollar lately, and new highs in gold, the odds favor a bounce in the dollar, and a dip in Gold. Usually by the time they acknowledge or admit a trend, everybody already knows it, so they cancel the news black out and have to mention it.
Ipso
Yep eyes are opening fast on him.
Now once people were complaining about the self acclaimed shaira police walking around now we got self acclaimed mask police walking around some attacking people. Drama queens. One sadly got shot.
One liberal dim wit poured coffee on some guy just sitting on a bench eating his burrito plus he was was about to eat what with mask? She’s lucky he didn’t slap that burrito in her face but then why waist a perfectly good burrito. I would have. He got her boyfriend though when he went after her cup he attacked him and lost them called the police of him defending himself from them.
@Richie re 12:07 “Why No Consequences” Where Normally, there would be.
All I can think of, is a situation like soldier. They can legally kill other people with no consequences because they are doing something that the “Supreme” leaders, (or special interests) whoever they are, allowed needed or promoted the bad situations for various reasons .
In other words, like even the rioters, the “influencers” feel quilty, can’t or don’t want to punish people that are just following orders, or like rioters, dumb people just led to doing bad things because of extreme gov’t media coverage of an occasional death during an arrest and calling it an intentional racist murder.
Buygold
OTOH, this could be the big correction everyone has been waiting for and all it does is goes sideways again.
That’s what I am hoping for….but the scum sure are sitting some sharees as u say…the General fr one and that perennial favourite SSRM…of which I have some….bt when PAAS was damn near the same price….Grrrrr.
goldielocks
At a certain point Fauci’s hypocrisy and greed just has to be called what it is … evil!
I see Uncle Buck is giving up its gains
crooks are keeping our shares down for the most part all day except for a select few.
OTOH, this could be the big correction everyone has been waiting for and all it does is goes sideways again.
You first Fauci
We’re never going to get rid of the little dictator. Where’s his mask and goggles. And he calls them goggles instead of eye shields or protective eye gear? Is he invested on a goggle manufacturer.
Well one pro, Muslim men can now experience what they put their women through because full Berra will be next ha ha
Fauci endorses eye goggles, face shields, calls for masking every flu season
Richard
Thanks good article. Plenty of data constant denial by the left.
To you see their new thing with those stuck on unemployment? Not all don’t go back as they would lose their unemployment if the refused without medical cause.
The dems blocked the extension till they could pass something walked off then had fake news spin it saying came up against a wall. They’re the wall.
Ipso
Yeah he was caught with his pants down but what is going to happen. Is congress going to question him? He’s done a lot of dirty things and Drive off smart dedicated people and destroyed their lives while they do the work he takes the credit and keeps chugging along.
The doctor who exposed that study on Sarscov and hydroxy was fired. She also asked him to a drug test because she believes he’s taking it himself to prove he wasn’t. Of course he doesn’t have to but no word from him denying it.
He was also calling Cuomo’s brother everyday openly admitted by his brother when he was sick with it and taking a form of the chloroquine. Meanwhile his brother was denying it to New Yorkers while people were dying including doctors and nurses. But his brother was getting it.
As Richard said what accountability.
FYI Don’t Forget About Firearms Related Stocks. Gold and Guns and Ammo
Friday I had the urge to move my Smith & Wesson money to something else, it was choppy lateral going nowhere, had a nice profit, had my finger on the mouse, and the market closed before I could click it into cash. Thank you God, its up 10% today, so guess I’ll hang on and buy others related.
My gun collector friend who frequents gun stores told me Ammo prices are way way up like $3 for double 00 buck. Background checks are thru the roof too. FYI. Vista Ammo maker VSTO, Ruger manufacturer RGR,
Check out Vista “conversations” on ammo pricing and shortages.
Vista: https://finance.yahoo.com/quote/VSTO?p=VSTO
Ruger: https://finance.yahoo.com/quote/RGR?p=RGR&.tsrc=fin-srch
Smith & Wesson: https://finance.yahoo.com/quote/SWBI?p=SWBI&.tsrc=fin-srch