Loading ...Bullish pep talk for this year. The melt up and later probability of meltdown. A big one.Last month video.
Up a little tonight
Would sure like to see the Chinese really attack the metals tonight and tomorrow night and leave a mess for the scum on Tuesday.
Ipso
It’s a nice day today. I feel like fish tacos lime and jalapeno chips and a real strawberry shake with real strawberries. I got the idea from Del Taco but I can make better tacos so I bought some real strawberry ice cream with real strawberries to see if it’s the same and put in my portable protein and greens blender and not tell my sugar buying resistant or vegetarian friends. Friends can’t keep friends alive forever. One just had a memorial at the church with the air force buddy of my friends. It wasn’t what he ate so much as her husband eats bacon everyday. It was because he didn’t like the side effects from his medicine and the supplements one of those alternative herbal type people didn’t give him the right things IMO to replace it. It’s a shame he was a good man and gave tike and work to the church putting carpet in and things like that. Some times people just don’t want to live as as long as you would like them too.
So this is a beautiful day so gonna make the best of it and get it off my mind but not tell my friend what I’m up to.
Ipso
Yeah that’s scary how seemingly accurate the artist was. A picture can tell a thousand words. But since she wants everything to revolve around her so be it.
goldielocks
Possibly … or maybe a glimpse of her soul!
Ipso
The bride of Satan?
Buygold
The banks and certain gov worker crimex brought it on themselves. Didn’t Dimon already get caught manipulating PMs.
The banks and the government would love digital and end the hassle of making and transporting money from.us to them. No more taking your money back from them they call bank runs if they have no physical dollars. I know someone when she was separated and getting a divorce and when her ex didn’t pay the registration on the RV that was supposed to be his they just took it out of her bank account without notice even though they were legally separated. So she took the RV even though she couldn’t drive it. No more need to ask you what your going to do with your money because they can make much better use of spending it on what they want than you can your own money even though they lost the billions they already got of all the other people’s money but no worries for them they get bailed out.
Housing too high and not dropping fast enough for them so they can rinse and repeat because after all they’ll get a bail out and sell or then hold the property’s and sell them when it recovers. Now the people can’t even leave and rent them out till interest rates go back down in this case and prices up too high and now squatter problems and crime everywhere. I saw a few squatters in 08 but they tried to hide they were staying there to avoid the police for breaking and entering. One of them tried to break in my house when I was there but my pitty dog scared him off. But in lib city’s they have birds of a feather in the DAs office.
Apparently Congress is okay with digital but looking for a certain kind. No matter what they say about it we know how that’s gonna go, how they want to eliminate cash if the people don’t push back hard on Congress.
Goldie-yeah
I think a lot of banks are under stress. God forbid they ever have to mark to market their losses on commercial real estate. Disaster.
The same thing will happen as did in 2008-9. Fed will bail them out and consolidate into fewer and fewer hands with more government cronyism than ever if that’s possible. We’ll be stuck with no option and fascist banking. They’ll rape our accounts at the whim of the government. Won’t be much different than a CBDC.
As much as I’d like to think Trump could come in and fix it. He either can’t or won’t. The country as we know it is finished. Civil war or secession is best case, but it can’t last long the way it’s going now.
That email below copied it twice and It won’t let me cut the duplicate out and don’t have all day to erase it.
This is a long one a lot of evidence but in a email.
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Richard 8:26
It depends on what’s going on in the economy and political theater too that changes and right now a lot of theater is going around.
Hi Buygold
Your right about all that and inflated home prices are driving up property insurance and taxes. Demos want to raise taxes too. I hardly drive anywhere now that I’m retired and thanks to Amazon but yet that and good driving records car insurance up about 40 percent too for full coverage which you need in Calif. One of the reasons they gave is ” you live in Calif.” Calif tends to attach taxes to companies for having the ” privilege” to do business here is what demos think and gas hanging around at 5 plus a gallon in north Calif. Extortion on anything you need to buy. Demos ideations not faced with reality and this is the result.
I can’t see Powell raising rates either maybe just not lowering them but who knows.
I saw this last night. Banks are stressed I guess. Jamie Dimon fearing the Fed will raise rates. I’ll just watch the market. if you scroll down you’ll see on social security anyone expected to live past 11 yrs from now with get a cut. These clueless politicians could have had it actively managed with stocks included to create passive income with all that money but instead treated it like a slush fund. It should be privatized and out of their hands.
Increasing talk of stagflation but perhaps after an economic downturn.
https://finance.yahoo.com/news/jamie-dimon-says-chance-fed-102302864.html
From SentimentTrader= Gold bugs finally follow through
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Morning Goldie
I don’t see Powell raising, but I agree if he did it would surely tank everything.
The economy is in shambles. Walmart and Target cutting grocery prices. Now the fast-food folks bringing back $5 meals. People are broke, credit cards tapped.
We have inflation in some stuff, but I think we’ll start getting deflation in other stuff. Housing, electronics, durable goods. Seems oil and gasoline have been about the same for a while. I’m not quite sure how this looks a year from now, but people are broke. These utility companies are just flat criminal though. Same with insurance.
More info on Statins
I’m concerned for a friend. Has to do with increasing the dose without evidence of increased restrictions or calcification that might have to do with higher vita D vitamins another doctors told her to take. She already has diabetes and a healthy diet as she is very good at sticking to it and has good temptation resistance.But statins besides me more and muscle damage and your heart’s a muscle longer term can cause all sorts of problems including elevating BS and causing diabetes to the suspectable. She beat it with diet and exercise but the statins raise it.
I googled and got this answer but not the major one I was looking for, can statins harm the pancreas looking for longer term damage or possibly cancer.
Yes, statins can cause pancreatitis, an inflammation of the pancreas that can cause stomach pain. Pancreatitis can occur at any time while taking statins, but it’s more likely to happen after months of therapy. It can also occur at both high and low doses, and there doesn’t seem to be a cumulative dose effect. Age also doesn’t seem to be a major factor in susceptibility
The Dow
Is the Dow making a handle. Is Powell that good he can draw charts with his mouth, my altered sense of humor but possible or are they going for the gap below.
Buygold 16:12
Maybe there’s heavier players in the game now or maybe their waiting or for a time. Powell insinuated that perhaps he stopped raising rates too soon.if he decides to pivot both gold and stocks are gonna tank because the economy is not doing better especially in discretionary because of cost of living off the charts. But then the elections are coming up.
Drb
By the way now that you know. If a company or banker manipulating is going to sell something you own too while at the same time attaching themselves to your shares and profiting of your gains when it drops because you didn’t sell why would you let them??!?!
Drb
They don’t sell someone else’s shares per say they borrow them from a broker. Say a share is 20 dollars each they borrow it at that price. Then say it drops back down to 10 dollars and they give it back at 10 dollars and keep the profit.
So there’s no profit in holding it not selling it. But if buying pressure comes in and the shares instead go up in price say to 30 dollars depending how much money or cash they have will dictate the price the broker demands a margin call it now cost more. So say he has 2000 and he just lost 2000 in the difference and moves up 10 dollars they have to pay the broker the 10 dollar difference. But now if your black rock or vanguard and have infinite amounts of money they can choose hold longer. Then theres naked shorting and how they get away with that and never have to cover I don’t know.
Mr Copper
Almost forgot, they’re may not be a limit on how long they can hold a short but risks come with them like splits or being on the wrong side of the trade and a margin call.
Mr Copper
That’s still getting on the emotional side. A average Joe is not out to get anyone. He his just trading. Just like you and I have with short ETFs just maybe not gold. Be in options to the down side of its topped or upside. It’s these institutions that sell paper while at the same time can coordinate knowing they or between them have enough shares to sell to cause a price drop that they then profit off of by going short then selling. They can also short their own shares.
At least the shares sort of held up
hopefully that’s a good sign for next week and an impending bottom.
Memorial Day weekend. Keep your eyes open and heads on a swivel. They’ll do something, whether it’s this weekend or another time. Us old folk just have to be aware of our surroundings. 🙂