OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Hey Eeos

Posted by goldielocks @ 7:16 on October 2, 2022  

That was a good video I took a weekend tike now to watch and should be a good one for school kids , but never underestimate your opponent. I’m glad to hear buygold’s house was spared after all. They swept a broad range for surge so guess they missed a spot and luckily he was in it lol

We have a awesome economy if we can keep politics, Wall Street and Fed under tighter rein. All that people have built up using the resources we have through time and hard work can be destroyed not by war but by bad politics, bad policy’s, bad money driving out good. It doesn’t necessarily have to be war. There’s nothing good about war or people dying. Besides it’s usually the wrong people who wind up dead.

As Lacy Hunt who is like taking a class in economics and have to take notes I’m currently becoming his student in a domestic sense said, “ at the beginning of the year who predicted what’s going on now “ as far as the Fed they’ve been given unfettered discretionary and monetary policy. They have to give them a much more narrow range he said.

Not just do whatever they want, things they don’t even know what the result will be and not focused of their own primary responsibility.
Keynesian don’t work in these times, transitory works for a short time then makes it worse because instead of getting rid of the debt they add more and can get out of control like pouring gas on a fire and that’s what happened this year with inflation going to what around 10.

Lacy also mentioned that despite tightening that inflated prices won’t go away anytime soon.

Lowering the points in interest rates doesn’t mean it stopped and when they’re still tightening that things are all good to go ahead.
The Fed is tightening not monetizing.
There not repressing interest rates they’re raising them… by a lot … if you want to buy a house I heard.
The Fed is no longer trying to boost the rate of inflation but bring it down and never been good at it with current debt without a hard landing.
It’s not just one thing but a group of things to watch for and right now as far as anything sustainable it’s not conducive for piling into gold or stocks like it was before including housing when all these things were in reverse.
Housing looks like 07-08 all over except this time their prices are even higher than last time thanks to Wall Street buying to rent them with zero interest loans thanks to the Fed then raising the rents and are putting money away like Blackcock even now to do it again when the Fed reverses, “ if the Fed reversed” and the Fed buying up billions and billions of mortgage backed securities and last time they lowered rates.
Peak inflation didn’t help back in 08 for some reason people thought it would.
Another one I’m watching. I like him he cuts to the chase and leads people away from going the wrong way.

Gold & Silver Will Rise: Global Financial System Is Broken – Michael Pento | Gold Silver Price – YouTubel

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