BREAKING ?
METRO BANK SHARES HALTED AFTER 2 CIRCUIT BREAKERS TO THE DOWNSIDE NOW -37.8% pic.twitter.com/1vXhKmLKmE— The Butcher of Wall Street Marcel Kalinovic (@BossBlunts1) October 5, 2023
D’oh!
@ Maddog re you remember the regular fiascos that Jimmy Carter created?
I remember the Carters years 1977 to 1981 years, and nobody blames the Fed Reserve that raised the prime rate to 21% by 1981 from 5%. The Fed rates started up during Nixon 1969 to 1974. Then Gerald Ford got in from 1974 to 1977.
Reagon 1981 to 1989 get blessed by the Fed who started lowering rates after 1981-2. Unfortunately, even Reagon had no control as outsourcing accelerated during the awful 80s.
I also read in the Spotlight, that Reagon was doing great early on, so the big boys took him aside and offered to finance his campaign, but he had to take papa Bush as a running mate. So in reality, presidents have some influence, but they are not running things. Until an outsider like America first Trump got involved.
Its all the bankers that will make you or break you.
Dollar down two days in a row
Unfortunately, G & S right down with it.
Oil getting murdered again. Down to $82.45
Nothing makes sense, except the shares firm but only because the SM is higher.
Dreaded jobs report tomorrow.
Maddog @ 15:01
Biden makes Jimmy Carter look like JFK! ![]()
goldielocks @ 13:40
That must be one of Klaus’s problems … he’s likely high as a kite!
ipso facto
Re Moron Report…..I remember the regular fiascos that Jimmy Carter created…..yr Boy Biden is playing in a whole other league…maybe 2 or 3 other leagues.
Re: Tucker Carlson and Putin
Of course the US government will refuse Carlson’s interview with Putin. TPTB can’t have the American populace watch Putin, they might get the wrong idea. They might perceive him as rational, intelligent, well-informed, calm and straightforward. The cult clingers won’t but the open-minded will. That interview would also present an opportunity to compare Putin’s deportment with that of the chimpanzees on The Hill, and it wouldn’t be flattering.
Buygold 12:58
What I worry about in the next year is what if Putin is holding off and waiting to see who is elected and if it’s Trump peace may come but if it’s not Trump no telling or if a Demo very telling and not good.
Ipso
I bet even school children are thinking in the same lines what they’re having endure in those Gov cubicles and the education it’s stealing from them.
Best not put yourself at a disadvantage by letting them get away with it but with more spineless and or mixed with others shared delusional grandiosity or even shared psychopathy that may be the best option.
Im going to try to look beyond the term folie a deux “ “ folay like ole ah dur ?” madness of two” like in serial crimes or three or le family to similar what Dr Malone described in the mass sense but that of the offenders. Including the anti Trump offenders.
In search of Klaus narcissistic grandiosity I discovered you don’t have to be stupid or smart since we’re seeing a lot of stupid come back on them now and that’s one of the weakness is telling them there wrong because their perfect like they do now with censorship but found that wisdom and IQ are totally different so IQ could have a low to high range and there still stupid in interaction with reality, selfish based, and lacking common sense or wisdom to lunacy of the real world they see themselves so much above and why they seek others to form a group elitism to feed their above others narcissistic mental disorder that can also be enhanced by drugs or alcohol. Hitler for instance was said to needing a lot of drugs.
Buygold @ 12:58
It is NUTS. Total political hypocricy on the part of Joe and his gang. We know they want to keep the invasion alive.
deer79, Ipso
deer79 – so true. I pray for the same thing. Nothing they do makes any sense for the good of the country, that includes a lot of Republicans
Ipso – is that wall thing because of the upcoming election? Now that they’ve allowed a literal army of young men to come in, are they going to say “see, we built the wall?” Still, nothing to indicate he’s closing the border right now. So millions more can come in while he’s building it. Just nuts.
I don’t think we’ve ever seen pm’s quite this beat up before. The whole world has gone nuts, but something is about to happen in the next 12 months, and I can’t imagine it will be good.
Moron Report
Over the summer, the Biden administration reportedly sold off $300 million worth of wall parts for just $2 million.
Leading up to the 2020 election, Biden vowed to not build “another foot” of wall, mostly because Trump wanted one.
Yesterday, the Biden administration announced… pic.twitter.com/9icTysOj69
— Collin Rugg (@CollinRugg) October 5, 2023
scum bear raiding Earle
XOM had a nice bull break out to the upside, then bam…6 days later 10 % down…….has the SPR bought anything yet….
Law Enforcement Agency
FBI Creates ‘MAGA’ Extremist category targets Trump supporters a head of the 2024 elections.
LOL they shut down their clean nuke plants and now have to start up the coal fired power plants!
Berlin Reactivates Coal-Fired Power Plants Ahead Of Winter
https://www.zerohedge.com/commodities/berlin-reactivates-coal-fired-power-plants-ahead-winter
GLD – RSI now 19.97
Stunning!
The US government
simply does not want the people to know the truth……..they will do ANYTHING to prevent it.
They will gaslight to no end because they can and no one will call them out on it.
I don’t know what will change all of this, but I pray that something does and soon!!!!!
Looking for the mother of all turnarounds
until tomorrow’s jobs report… 🙂
Maddog @ 9:10
Can’t agree more! What a Madman!
morning maddog
yeah, and I doubt Saudi Arabia will be to happy about it either.
We have to remember though that Iranian oil is back on line, so the world is well supplied.
I’m with you on JPM. I think Goldman and BofA were also setting lofty price targets.
I guess it’s not just gold anymore. Although gold and silver are the worst of the bunch.
What are they afraid of? I’d love to see this interview.
Contempt For Press Freedoms: US Officials Bar Tucker Carlson From Interviewing Putin
ipso facto
RE Schwab’s latest lunacy….I think we need to park a stretch limo where the sun don’t shine, that should concentrate his crazed brain.
Also how can anyone listen to him, he sounds as crazy as he is………
Challenger Jobs Report
Showed fewer job cuts than expected. The algo’s went into sell mode on treasuries, gold, silver and oil?
Oil down to 83.40. That’s a 10% dump on the week. I’m sure it wipes out a lot of those bullish charts.
Looks like the RSI on GLD might drop below 20. Craziness.
Buygold
Re Oil…yeah I saw that call from JPM…..they really do have no shame….Zero were also saying Hedge Funds were shorting Oil stox recently…so this looks like a Fall st raid……only problem for the shorts is that Vlad will get upset and then some things/people that the shorts like will start dissapearing….
goldielocks @ 20:30
I’d rather be living in a “shack” somewhere than a gov controlled cubicle!
