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Shares have been strengthening over the last hour or so. Dollar still higher, rates falling 6 bips are helping us and the SM, but why are they falling?
Bitcoin fallowing the SM higher now. Oil up a buck.
Almost has the feel of a normal day, but we know different.
Is the Fed in there buying bonds and preparing for a surprise cut to get in front of some banking event – UBS, private credit?
Someone seems to want gold and large cap miners, what do they know?
I checked on third eye to see if he was following any PMs and he is a few of them and found this one. HL What it’s saying after a Head and shoulders down it’s currently forming a reverse head and shoulders or bullish, underlined with price objective IF it follows through with RS. The line is a stop or support line.
The nightmare they went through while neither party didn’t have any kind of plan in place. Then after days of starving they broke into abandoned stores to get food and water then they called them looters. The fact was they were left for dead, no food and out of water with baby’s, children, disabled and elderly that would die soon and some mostly elders already dead from heat and dehydration or lack of medicine and seeing a apocalypse around them they did what most anyone would do to save their families and themselves. Maybe some took advantage but most just trying to survive including things like dry shoes.
On the other end I can see the difference in some talking heads and videos that preach gloom and doom while others to prepare and what happens to the doom and gloomers who basically are like the ones who stayed behind in Katrina expecting the government to figure out what they were going to do with them. Nothing! Too many used to living off the government expecting the government would save them. Where the working class more independent thinkers most of them got out whether they could afford it or not even if they had to camp out.
It was near the end of the month where the welfare recipients and elders on SS were low on or out of money. Then the problem came was no state wanted to take in a bunch of people with no income of their own who don’t work and cause a financial burden. That was a hard lesson to learn.
I’m seeing the same kinda attitude with the doomers. Not about posing bad news but how they post it like to give up, like their fait is dependent on the decisions of the ones causing it to able bodied people. Not necessarily being the lone Rambo type where even Rambo went back home but as a community preparing and working together including not waiting around or depending on the ones causing the problems and propaganda determining their fait.
Gee what happened to NATO? You think the neocons would be on the side of the lefties depopulation and destroy economies side. Maybe because the financial industry which obviously isn’t on the West side either but eastern side or Brics wouldn’t mind getting out the radicals and need to include Iran into to Brics industrial side. Interruption, which includes the neocons. Both bad for business. Looks like the real war is between the ones who want to destroy economies and the human race or enslave it and the financial sector that wants to peacefully enslave it.
Lord Bebo
@MyLordBebo
🇳🇱🇪🇺🇮🇷 Half of Dutch fishing fleet sits idle as diesel prices skyrocket
“Weekly fuel bills that ran to $13,800-$15,000 before the war are now heading toward $34,000 which amounts to a total value of a fish vessel, leaving no money to pay a crew” — Dutch Fishers Union spokesperson
State of the worlds finances bad news with UBS. I need a weekend break so haven’t watched this, just the first few minutes but sounds interesting. The first chart was interesting when the bank who loaner chart was traced over the chart who got the loan near identical which the stock is in trouble which blocked trading. There’s a sales pitch involved but not mandatory seems more for day or position traders but might be late, this news already out.
Hopefully this war will wake people up on what these net zero dipshits I mean drip sticks is a plan to weaponize lack of energy against them with total control, survaloence, starvation, economic decline and enslavement. That’s not what this war is about but it likely woke the people up with the slow inevitable result they’re planning and what it will lead to while weakening the countries while the Brics are strengthening theirs. ME will eventually side with them and China will be the main beneficiary to their energy needs for financial industrial country while we get the bill and a bunch of greedy financials here looking to replace the economy with machines that don’t buy their products, pay taxes, buy treasuries, or even watch TV or tic toc and further deddollarization and inflation.
Aussies would probably be wise to try to make some deal with them and start up their own energy sources keeping in mind what their currently up to in the Western Ally’s hemisphere and get ahead of it. The US Canada and South of America has enough of their own. This Iran wanting to blow up Israel with a nuke. Are they really or just looking out for themselves against others. If they really wanted to take out Israel, a dessert, all they’d have to do is take out their desalination plants. They were also duped into being radicalized for the military industrial complex it seems.
Thanks for your charts too. Only problem comes to mind is the fat fingered shorts can see them too, but I have a theory. They’ll bring the price down when people are needing to sell and up when they’re needing to buy so timing helps.
Not much oil, but underexplored for coal oil and gas. My farmer mate is sitting on huge coal reserves. Coal seam gas wells on his property. There is absolutely no excuse for the dipsticks gross, criminal really, mismanagement.