At this time is there a circumstance where the US should use nuclear weapons against Iran?
Total Voters: 39
Loading ...Looks like you’re a prophet this morning. The USD was flat when I read your post and now it’s down almost 1/2%.
Down futures are soaring, rates coming down a few bips. This all could change in an hour when the CPI comes out.
Silver getting an oversold bounce and gold up a few bucks.
Interesting though that Bitcoin is down a couple % and under 19K – no bounce there. Maybe crypto isn’t the answer anymore…
It’s way too high driving all the other currencies lower, and hurting them with higher import prices to their countries. And has made our imports cheaper than they should be. If this trend continues, then the USA (and China) is saying fu to the rest of the world. The USD is very pegged to the Yuan.
“The brains of humans and other animals contain a mechanism designed to give priority to bad news,” former Nobel Prize-winning economist Daniel Kahneman once said.
Two problems come out of this Pension problem……keeping rates low to feed inflation and inflate away the debt from 2008, has been at the expense of the Pension funds, as their returns have been decimated, by the low rates…they then get desperate for yield and take on leverage , LDI’s….. as hi I hear as 7 to 1…then as always when rates kick higher, ie mkt reverses, that Leverage works in reverse….rates much higher and decimation of funds.
It all goes back to the Bankster bail out of 2007……
Most scary fact so far ….virtually no trades in JGB’s for 3 days……JGB’s are the worlds largest mkt….
https://www.vaccineinduced.com/
Scroll down to the video. 28 minutes and worth every minute of exposure and truth to the pain and suffering the jab created in this one man.
That sounds like a nice town your in no doubt. I’m just kinda angry and sad see some many good peoples towns get ruined because of scum bags in politics like open borders because THEY need votes while the Demos and Repubs need laborers until this anyways. Now just the Demos as far as I know. I’ve seen it happen to nice towns in California and elsewhere. That’s what brings the prices up to save towns but prices out the next generation while their at it.
Even city’s were better for people who went out and about. Celente mentioned it in NY. First the shut down, then curfews. He said they don’t even go out till about 10 pm and they want curfews.It made no sense anyways it wasn’t about war or civil unrest. The virus or bugs don’t care what time it is.
I feel bad for him kinda wish he would leave, He seems like the last man standing.
I freed myself up to move but changed my mind at least for now. With things to come I’d rather help and be closer to my own friends and family than strangers. In fact I’m to inherit quite a bit so freed me up to concentrate on helping others. I told them save it for my kids so they’ll be okay.
Ps they don’t want to leave it to the young. They expect you to lean about the con artist, the scamsters et all first.
As investor Larry McDonald says in this Marketwatch article, “things are breaking.” From the article:
Pointing to the bond-market turmoil in the U.K., McDonald said government bonds with 0.5% coupons that mature in 2061 were trading at 97 cents to the dollar in December, 58 cents in August and as low as 24 cents over recent weeks.
When asked if institutional investors could simply hold on to those bonds to avoid booking losses, he said that because of margin calls on derivative contracts, some institutional investors were forced to sell and take massive losses.
https://naturalnews.com/2022-10-12-global-debt-markets-are-breaking-pension-collapse.html
TULSI !!!
I live in a very old small old town. Two square miles and abot 28 cops. Old houses on big lots half acre more or less. Just like Mayberry. About 50 miles from NYC. The rest of the Suffolk county has more active and retired constabulary than you can imagine. I think its a great place to live, especially the south shore. If you move to this area I can show you around. Help you find a place. Move the whole fam damily over here. Might be cheaper than over there.
As more and more buses come in with more and more migrants you might leave your wallet behind on your walks. Leave a couple bucks in cash on you to give to them so they don’t follow you home.
Make sure you have spare keys and one outside the door in case they take that too but be sure to get your locks changed right away or they’ll be back especially if they got your wallet with your address.
Don’t leave things outside anymore expecting it to be there the next day.
Maybe a few bus loads wound up at a few of the FB-Is and DOJs neighborhoods and why they’re all on the attack on conservatives and Christians right now.
Someone I know mentioned Celente the trends Journal said the Fed might lower interest rate hikes in front of the elections.
I didn’t bother to trade today it wasn’t worth it.
I did get a notice on the ETFs from my broker though.
Even if they did it’s not going to change anything for the people and don’t even know if the market will fall for it or if it does anything would be temporary short term trades. It’s not going to help what they did to real estate they drove up even while claiming tightening and raising rates were still buying mortgage securities or the cost of food and gas. Sheltered self absorbed snobs. Maybe a few bus loaded of immigrants need to be dropped at their door too. They love to deliver the reality of hardships they put on others while denying it themselves so give it back,
Moochel Obummer is always complaining about equality and diverting the fact that they don’t live in a black neighborhood but the white neighborhood should not discriminate when they move in. What is she saying blacks need to get away from blacks because it’s not good there? Well send Martha Vineyard a bus load of African or Haitian immigrants tell them what up and to tell them to refer to the Obama’s.
What I am getting from this article is that originally bonds were used to guarantee the safety of the future of the retirement systems, but higher returns were desired… so using blue chip stocks over a long period of time historically produced higher returns but much more volatility….. so if you ignored the volatility the returns would be greater over time using stocks than using bonds and would require smaller premiums to maintain the safety of the pension fund.
But as more and more people retired, the demand on performance grew greater than could be met, so in order to cover the failure of the pension funds, rather than raising the premiums, someone came up with replacing stocks with derivatives to make up the difference….But derivatives have NO actual value because all they do is TRACK the value of the sector or commodity they represent. They own nothing but they look like they are worth the value of the stocks or commodities they represent, like a mutual fund does, but are actually just bags of hot air that own nothing, and when that fact comes to light is when the whole house of cards comes down.
And now it has also been disclosed that the US FED is doing the same thing; buying ETF’s which are derivatives full of hot air to hide the fact that it is also broke and just buying itself a little more time while the new monetary systems are being put in place.
Anyway, that is what I see FWIW.
Financial Times – Who is to blame for the latest pensions debacle?
(scroll down to the 2 minute video, male figure )
LONDON, Oct 11 (Reuters) – UK pension schemes are racing to raise hundreds of billions of pounds to shore up derivatives positions before the Bank of England calls time on support aimed at keeping them afloat.
The Bank of England plans to stop buying bonds on Oct. 14, leaving pension schemes scrambling to meet a collective cash call estimated to be at least £320bn ($355bn) without a buyer of last resort.
Lots more to read…..
Silverngold adds: The derivatives (ETF’s) are the tool that is being used to drain the worlds wealth into the pockets of the elite while stealing it from the people. This ship is about to go down and nobody even knows it has been hit…..but Derivatives (ETF’s) are the empty bags of hot air they are now ready to pop….and when they do, that is when you will discover that you own nothing and you will be happy (or already gone) FWIW. WAKE UP PEOPLE!
I’m going outside now, nice fall weather up here. The Fed is doing a rain dance. Too many of very weird things going on.
I’m here now, waiting for the FOMC Minutes to come out and finish crushing us.
Had to pick up my son at the airport this am.
Nice, and the traders seem to like it too! Odd for a pm stock.
I’m still accumulating, only have 1500 shares.
I can’t believe that USD didn’t start dropping yet. Is the Fed trying to show us all how macho they are? Supposedly they are hoping for a soft landing, but they might get it ‘harder and faster’ instead, and they may like it that way. Then they can start printing lowering rates again. Anybody notice all the various oil prices are down, but Diesel Oil is up.
Yes its growing since gold backing was removed from the US Dollar in 1971. The Fed is running out of rabbits to pull out of their hat. I remember back then. An 18% mortgage on a $40 k house $7200 interest first year is ok. But what about a 7% mtg on a $600k house? Isn’t that $42,000 in interest the first year? Plus propert taxes. Thats why the commie banker bozos pushed rates all the way down. Screw the saver, reward the borrower. Reward the US Bond buyer lending money to US Gov’t Dracula in charge of the blood bank.
Its all in reverse. Cheap labor and materials, cheap rates etc. And all the outsourcing? Screw American manufacturing and US production. Screw savers screw precious metals investors. Its all over. Be happy, get pop corn watch the show. LOL
Part:
“Nobody knows what anything is worth, so there’s an enormous number of companies that are dramatically misvalued in ways that we haven’t seen before,” he said.
Indeed, Einhorn cautioned investors against assuming a stock is cheap simply because it’s plunged 60% or 70% in price this year, as it could still be hugely overvalued.
The combination of heady valuations, stubborn inflation, rising interest rates, and large amounts of debt could reveal cracks in the global financial system, Einhorn said.
“The systemic risks have built up in the government bond markets all around the world,” he said, likely nodding to Britain’s ongoing gilt fiasco. “When you have a down cycle is when these things tend to metastasize.”
Reminder: if you are inclined to buy #silver via an ETF, avoid $SLV.
The prospectus was changed in February of 2021 and is extremely sketchy now. $SLV probably doesn’t own all of the silver they claim.
Physical silver or $PSLV is the way to go. Pass it on.
— Wall Street Silver (@WallStreetSilv) October 12, 2022
Moderna COVID-19 Vaccine Effectiveness Turns Negative Within Months: Study
