Loading ...Woke Disney "Just About Empty" pic.twitter.com/nP0KVEAP82
— Peter St Onge, Ph.D. (@profstonge) July 15, 2023
D’oh!
Reformed leftist Kunstler always a pleasure to read
Somebody in the “Joe Biden” White House apparently thinks that the operations already underway are not enough to destroy our country fast enough, so a little extra push, such as nuclear annihilation, might get’er done.
By operations underway I mean things like mRNA vaccines stealthily deleting kin, friends, and public figures from the scene… decriminalizing crime… undermining the oil industry by a thousand cuts… liquidating small business… making little children insane over sex… flooding the land with illegal immigrants… devaluing the currency… queering elections — all of these things done on purpose, by the way. And if you complain about any of it, here comes the FBI or the IRS knocking on your door.
Buygold
Pence is such a Dick! World class deep state Dick!
Howdy Kids!
My modem failed last weekend and I’ve been offline since then. A pleasant surprise to see how well we’ve been doing in my absence!
Adelante!
Pence is a serious asshole. The crowd gets it too.
Absolutely incredible. Here is the entire Ukraine discussion between @TuckerCarlson and Mike Pence.
Tucker asks Pence about religious persecution in Ukraine, and he completely denies it. Tucker follows up, and Pence gets flustered. Pence then tells the ridiculous lie that Putin… pic.twitter.com/KA5FjqSKUM
— Liam McCollum (@MLiamMcCollum) July 14, 2023
Ipso is baaack!!
Was worried about you brother.
Glad all is well.
Maddog @ 11:57 on July 14, 2023
Thanks for the POST ..best interview ever !
Buygold
There were different reasons people took the Arm like first time buyers who bought Million dollar hype thinking they could flip them later.
People like some Filipinos told me they “ as referring to a group” bough a bunch of houses to rent them the one who told me bought houses in Las Vegas, and when everything dried up they just dumped them. I bet a lot of people did that driving the market down even lower between the two types.
Then others took them and some equity for home improvements or pay off bills and to sell later or figured they could Refi out because these no nothings told them the prices were going up.
Some didn’t even know they were in a Arm or instead of paying down principle they’re were losing it and only paying interest or particular interest.
That one when they left and were retired her husband was a fireman retired with health issues two new young people came came in. They were all happy they got it for 200K when it was 375k I think and all fixed up, new everything from the Refi loans of the other who walked and it foreclosed, they didn’t know what happened.
I told them one to watch out cuz squatters were taking up house keeping in empty homes around here so keep your windows and doors locked. That drove others who owned out when they year to years before they could of sold with equity.
Two they were young enough to hang through what’s going come if their jobs could hold out. They were actually trying to get rid of people and hired for less wages or dropping wages even if they didn’t need to because so many people were looking for jobs. Even hospitals were laying off because people no longer had insurance from work which Obama made worse. A lot of these places that did lower wages that are having trouble getting help still today. That’s why. They were ass hats and it got around even after they raised wages they were still ass hats.
That was going too.
Told the prices will still fall from here. But at one point they’ll stop then go back up to even higher but will take years but their young enough to wait it out.
Well when it dropped another 100K plus the empty houses it scared them off. That was a shame.
And for others it was like the student loan thing. They paid all those years and stuck with all those people takijg loans they couldn’t afforded of got predatory Refis from no nothing doing them dirty work and lost all their equity and were under water too. One sad case was some guy with no where to go no way out hung himself in his home.
Some ass hats abandoned their pets some locked them inside to stave to death. Many others curved to hand pets over. Thousands were put down.
Today if it’s mostly speculators and Blackrocks types that drove it up plus the Feds low forever rates help, if it crashes this time they’ll get exactly what they deserve. I read somewhere that blackrock bough up 25 percent of the housing market.
What will happen if we’re have people like that monopolizing the housing market. Look what damage it did to renters it already did. They’ll control the prices and rents and we already see what’s that’s caused.
They better make laws stopping them now.
scum have been busy all day
Oil and shares well beaten up, all on no real news …Gold well capped at 1960…..but Silver is looking v strong, which is helping PM shares….so as always scum do their best to ruin the weekly closes…..
That said the Dollar remains well weak and well broken down….Fear of the Brics currency is look all too real.
This is not a bad day – Goldie, maddog
My silver shares and AGI are doing pretty well if they can hang in there for the rest of the day.
Goldie – I’ve never gotten an ARM. I suppose rates could go either way, but betting on lower rates might be a bit dangerous. JMHO
maddog – no doubt the scum is in there playing in the shares, trying to use the dollar as an excuse I guess. Although the dollar isn’t exactly putting on a show of strength.
NVDA may be putting in a huge downside reversal.
Buygold
I wonder how many will get into a ARM loan hoping the interest rates drop back down. Pre 2008 there were predatory Refi ARM loans and con games going on including people coming from off the streets to get in on it.In Calif they didn’t even need a high school diploma, they even had people from Mexico come over to do it. Then the lending dried up. It was like the sudden quiet before the storm. My neighbor told be they lied to her. Because the lending stopped people needed to sell but people couldn’t get a loan to buy it.
We got the same kind of get rich quick type people that drove the prices up now.
Like that video, instead of dropping rental and home prices back to reality they think they can wait for wages to catch up to what ever price they dreamed up. Do they got 20~30 yrs to wait? That’s stupid. Not only that we’re heading for a recession.
Tucker interviews Andrew Tate…..
Ep. 9 The Andrew Tate interview pic.twitter.com/0KKMzSVmMO
— Tucker Carlson (@TuckerCarlson) July 11, 2023
The Deep State gets another shellacking
Re scum bear raid
I note that the SM and Dollar are not reacting in a similar way…..so the hit is entirely false.
scum bear raiding resource stocks
Oil stox well down on no serious news and PM stox well weak…….typical scum tactics….no follow thru allowed.
Dollar doesn’t seem sure it wants to hold early gains
so far early gains have been cut in half.
Gold and silver acting appropriately.
RBOB gas up another $.04, oil only down $.09
10 yr. all the way back to flat. Who besides the Fed is buying US bonds?
AT LAST–just 40 yrs too late=The World Health Organization has finally gotten around to declaring the popular artificial sweetener aspartame a potential carcinogen
- The World Health Organization has finally gotten around to declaring the popular artificial sweetener aspartame a potential carcinogen
Aspartame’s Cancer Link Known for Decades—aspartame was a “multipotential carcinogenic agent, even at a daily dose of 20 mg/kg body weight, much less than the current acceptable daily intake” In the most comprehensive long-term epidemiologic study, to our knowledge, to evaluate the association between aspartame intake and cancer risk in humans, we observed a positive association between diet soda and total aspartame intake and risks of NHL [non-Hodgkin lymphoma] and multiple myeloma in men and leukemia in both men and women.” A 2020 study further supports the Ramazzini Institute’s (RI) original findings, revealing a statistically significant increase in total hematopoietic and lymphoid tissue tumors (HLTs) and total leukemias and lymphomas
- The ruling comes from sources with WHO’s International Agency for Research on Cancer (IARC), who said aspartame will be listed as “possibly carcinogenic to humans” in July 2023
- I’ve been warning about aspartame’s cancer-causing potential since 2010, so you can see just how long this danger has been known
- For over a decade, researchers have been warning of aspartame’s neurotoxicity and carcinogenicity, stating reevaluation of aspartame consumption is “urgent and cannot be delayed”
- A 2022 large-scale cohort study found people who consumed higher levels of artificial sweeteners had higher risk of overall cancer compared to non-consumers
The World Health Organization has finally gotten around to declaring the popular artificial sweetener aspartame a potential carcinogen.1 I warned about aspartame’s cancer-causing potential on my site over 25 years ago, in my best-selling book, “Sweet Deception: Why Splenda, NutraSweet, and the FDA May Be Hazardous to Your Health,” in 2006, and in an article I wrote for The Huffington Post.2 It’s since been deleted — but you can see just how long this danger has been known.
The ruling comes from sources with WHO’s International Agency for Research on Cancer (IARC), who said aspartame will be listed as “possibly carcinogenic to humans” in July 2023.3 Additional findings from the Joint WHO and Food and Agriculture Organization’s Expert Committee on Food Additives (JECFA), which is in the process of updating its aspartame risk assessment, are also expected.4
What do we have this am?
Looked at the GLD chart yesterday, didn’t realize GLD was stuffed right at the 50 dma. Shouldn’t have been, considering the weakness in the dollar. I think the dollar is down what, 5% in the last 5 days? Gold up 2%.
SLV, OTOH, blew right through it 50 dma. Huge gaps below that may or may not be filled. Probably will, but shouldn’t be. Next resistance is $24, if we can make it there.
The dollar also has huge gaps, whether any of these fill is beyond my pay grade.
Anyhoo, we are down a little this am, with the 10 yr. up 2 bips. The dollar is up a little and may attempt to retake 100 in the index.
Oil down a little.
So, we wait to see how hard they’ll take us down today before the weekend.
Goldie
Housing is an interesting play, I just don’t see how it goes higher – even here in FL. where demand is still strong.
The other thing that’s not at the forefront is servicing the massive debt with higher rates. I don’t see how we’re paying anything other than the interest on the debt.
Course it’s all computer click phony money anyway.
goldielocks @ 15:16
That particular style of ‘shimmy’ is Tahitian dance. Hawaiian Hula is much slower and expressive. It tells a story.
Here’s that video
It’s a long one.
Buygold
I haven’t needed to get gas in awhile to I didn’t notice. Now another 3 digit wave coming in again hope it doesn’t drive energy costs up too high. One thing I miss about living by the ocean. That’s all people need right now is more bills. They’ve cost such a mess and we could be energy efficient too.
I watched a video on housing. I don’t know about now but it doesn’t look good for them down the road. The videos on You Tube on Wealthion. I didn’t hear the whole thing but these real estate speculators are playing with people’s lives. They make a game of swindling and over charging people They think they can just name their own price. Last year when interest rates started rising Blackrock apparently said they’re going to put money aside to buy even more homes once the rates go down again and as their doing and causes a ripple effect double the price. They’re ripping people off. What their gonna wind up with is a bunch of migrants come over and put a bunch of people in each apt or house abd gonna have a sewer problems all over and more than that. There already having some trouble because empty places not only don’t earn money, squatters are moving in. Smaller speculators with no renters will sell. That and new housing is in the works. I wonder what the bankers are up too. Maybe they loaned the money to these speculators. I think we might have a tug of war with gold prices.