Loading ...I sure hope you’re right about the dollar, it’s been a headwind.
I noticed the Ruble is up another half %, shouldn’t it be down considering all the might of the G-7 coming down on Putin?….lol ?
G & S slowly moving up.
Richard
And some people will buy the dip then sell into it then maybe go short.
GLOOM!
The 2022 Market Disaster—More Pain to Come=
Trying to combat inflation with rate hikes is not only a joke, it creates a market disaster when a nation’s debt to GDP is at 120%
Matthew Piepenburg
June 27, 2022
Toward this end, Wall Street is seeing a dangerous rise in what the fancy lads call “omit days,” which basically means days wherein inter-dealer liquidity for UST’s is simply not available.Such omit days are screaming signs of “uh-oh” which go un-noticed by 99.99% of the consensus-think financial advisors selling traditional stocks and bonds for a fee.
As the repo warnings (as well as our written warnings) have made clear since September of 2019, when liquidity in the credit markets tightens, the entire risk asset bubble (stocks, bonds and property) starts to cough, wheeze and then choke to death.
Unfortunately, the extraordinary levels of global debt in general, and US public debt in particular, means there’s simply no way to avoid more choking to come
If you think the current market disaster hurts; it’s gonna get worse despite recent dead cat bounces in U.S. equities.
Many, of course, will buy this dip, as many forget the data, facts and traps of dead-cat bounces.
Toward this end, it’s worth reminding that 12 of the top 20 one-day rallies in the NASDAQ occurred after that market began a nearly 80% plunge between 2000 and 2003.
Similarly, the S&P saw 9 of its top 20 one-day rallies following the 1929 crash in which that market lost 86% from its highs.
In short: These bear markets are not even close to their bottom, and today’s dip-buy may just be a trap, unless you think you can time a one-day rally amidst years of falling assets.
https://goldswitzerland.com/the-2022-market-disaster-more-pain-to-come/
Eeos
They probably won’t live very long anyways. They’re killing them with kindness so to speak. They’re not helping them get off it they’re resolved to let them die. They should at least offer help to those who want help.
A average of 100,000 are dying a year and guessing the homeless are the highest numbers of these overdoses.
The problem that comes with it besides that is they draw in the non drug taking homeless by circumstance and mentally ill.
Even worse they draw kids to them who want to try something and don’t know how to get it so go to them to get it. Most the homeless are more experienced with the drugs and are given free Narcan, These kids aren’t experienced and don’t have narcan.
Plus Mexico has pill printing machines that press Fentanyl to look like other pills. The kid takes it thinking he’s getting a prescription opiate at a party or whatever but instead a lethal dose of fentanyl.
So basically the Government is just killing them off and taking kids and others in unfortunate circumstances with them.
In Denver
Homeless camps come with free bathrooms, free tent, free food, internet, electricity, and heat. Why would people want to leave. Denver spends some ungodly amount, it seems that it’s over $100,000 per piece of shit homeless person. We have the 3rd largest homeless population in the USA I heard. People won’t do anything when you give them free shit. Needles everywhere, trash everywhere, tons of stolen property. So I want to make it against the law to be homeless. That doesn’t sound very nice but I heard Tenessee makes it illegal to panhandle etc. Get the F out!
I’m going more divis
For awhile not worry about what feds doing. One stock pays for itself not a gs stock and go take a vacation.
Hippy communes
Now there called homeless camps but instead of pot use hard drugs and little peace plus they get more than food stamps but free money they use on drugs now and don’t grow their own anything.
Difference was housing was affordable in the 60-70s and a life style choice. Most broke up because of the drugs, infighting and partiers. The North mid western , easterners came to California because of the weather. Hard to sleep in a tent or make shift house with no electric or heat in the snow.
Ipso 10:25
Every time they get in office the opposite of equity occurs and sometimes it isn’t one party but worse on the left.
Are they going to bother to check if they’re loaning to American citizens?
I seen numerous non white rather greedy foreigners not even with a lot of money a regular at that time middle class 40-50k yr job buying up multi property’s pre 08 including in cheaper cost of living states and renting them to accumulate “ equity” lol
I think they all lost them during the crash bringing housing down to the most affordable in a long time.
These blue states are full of it. The speak equality while housing costs in certain areas go way up which does what.. keep them out.
Also keeping regular working class out too leaving the state rather than over paying coupled by increasing crime.
There making it harder on the Fed than it is.
They want equity use the tax money they get from the middle class, pave their roads instead of politicians and their donors roads. Hire more neighborhood friendly police per capita to match that of richer areas to protect both citizens and businesses so their jobs and resources don’t leave.
And we all know the school system is gone down hill.
They want more equity bring Trump back.
@old timer re He thinks it will get worse before it gets better
I agree, globalization is like the hippie communities of the 1960s or ’70s in California. They failed and broke up because some members contributed too much, and some other contributed nothing. The good ship SS Globalization, is sinking like the Titanic, and the situation will cause all the country passengers on board, into a survival of the fittest or luckiest.
Gentlemen, place your bets. 🙂
SSR getting hit hard today
SSR MINING COMMENTS ON LOCAL TURKISH MEDIA REPORTS
DENVER, June 27, 2022 /PRNewswire/ – SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) (“SSR Mining” or the “Company”) is aware of local Turkish media reports and a social media post from the Ministry of Environment indicating a potential temporary halt of operations at the Çöpler mine. The Company is seeking a formal response from the Ministry of Environment regarding the reports.
https://finance.yahoo.com/news/ssr-mining-comments-local-turkish-145400233.html
Buygold
“price cap on Russian oil”
That’s funny! Delusions of Grandeur!
G7
Trying to put a price cap on Russian oil. I don’t think they understand that Putin is calling the shots. If Germany wants Russian energy they will have to play Putin’s game as with the rest of Europe.
Let’s eff up the USA some more
New Bill Would Mandate Federal Reserve To Promote “Racial And Economic Justice”
“H.R. 2543 would expand the Federal Reserve’s existing dual mandate of maintaining price stability and full employment to focus on promoting “racial and economic justice in borrowing, housing, and lending,” reports Valiant News.
If the bill is passed, the Fed would be responsible for maintaining “racial equity,” which would potentially create a two tier economy, one for white people and another for non-whites in America.
“In effect, the passage of this law would make racial equity an integral part of the Fed’s mandate,” writes Jose Nino.
SSR MINING ANNOUNCES INCLUSION IN THE RUSSELL 1000 INDEX
https://finance.yahoo.com/news/ssr-mining-announces-inclusion-russell-110000772.html
Alma Gold Announces Share Consolidation
https://ceo.ca/@thenewswire/alma-gold-announces-share-consolidation
Steppe Gold Announces Second Quarter Operations Update
https://ceo.ca/@newsfile/steppe-gold-announces-second-quarter-operations-update
Gold Terra Intersects 1.97 g/t Gold over 6.50 Metres with Visible Gold and 2.00 g/t Gold 0ver 4.50 Metres at Depth on Campbell Shear, Con Mine Property, Yellowknife, NWT
https://ceo.ca/@accesswire/gold-terra-intersects-197-gt-gold-over-650-metres
Galane Gold Ltd. Announces an Update of the 2014 Preliminary Economic Assessment of the Summit Mine and Banner Mill
https://ceo.ca/@nasdaq/galane-gold-ltd-announces-an-update-of-the-2014-preliminary
Westhaven Drills 76.98 Metres Of 1.51 g/t Gold and 8.47 g/t Silver, Including 15.56 Metres of 4.52 G/T Gold and 25.99 g/t Silver; 2.02 Metres of 39.67 g/t Gold and 30.38 g/t Silver at the Shovelnose Gold Property
https://ceo.ca/@nasdaq/westhaven-drills-7698-metres-of-151-gt-gold-and
Maya @ 20:10
Cool! 
and here they come
selling fiat for the real stuff.
Ororeef
Ever since Trump was pushed out and thought they could do what ever they wanted they’ve been making fools of themselves. As long as they get attention even if it isn’t good attention with bad consequences they don’t seem to care.
Life, liberty, the pursuit of happiness??? They resent and will attack all three because they know their all connected to the first.
This inflation isn’t helping dividends though.
Armstrong had a scary post out of his computer could grow legs it would climb under the bed knowing the inevitable That would be funny if it wasn’t suggesting WW111.
Russia can pay its debts in OIL after Oil doubles in PRICE what does that do to ts debt ?
NICE to be able to INFLATE your debt AWAY ! I would like that !
Its bigger than the Financial Center of the US…The US Revolutionary WAR was about the same size ..Who won that fight ?
MAP BREAK: Area of Russian control in Ukraine mapped on US East Coast..
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Biden and Zelensky don’t want to admit defeat by Putin.
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