Trump from a quarter century ago
25 years ago, The Donald on Oprah saying what will happen.In case you have forgotten the U.S. is almost $20 Trillion in debt, and most of it has happened under the present administration.Donald Trump VIDEO Uncovered:
Taking a short rest and came across the hind lick maneuver.
While having a bite to eat, they talk about their moonshine operation. Suddenly, a woman at a nearby table, who is eating a sandwich, begins to cough. After a minute or so, it becomes apparent that she is in real distress. One of the hillbillies looks at her and says, Kin ya swallar?’ The woman shakes her head no. Then he asks, ‘Kin ya breathe?’ The woman begins to turn blue, and shakes her head no. The hillbilly walks over to the woman, lifts up her dress, yanks down her drawers, and quickly gives her right butt cheek a lick with his tongue. The woman is so shocked that she has a violent spasm, and the obstruction flies out of her mouth. As she begins to breathe again, the Hillbilly walks slowly back to his table. His partner says, ‘Ya know, I’d heerd of that there ‘Hind Lick Maneuver’ but I ain’t niver seed nobody do it!’
Re>>2016 Macy’s, Kohl’s Crash >> 1975 Made In USA Manufacturing Crashes
Reversals all over. Retail second to last sector to fall. After 2008 meltdown. Whoever was doing good ’75 to ’08, will no longer do good. Whoever was doing bad ’75 to ’08 will do better.
Manufacturing was first down, after ’75, and will be first to come back. Retail was the best place to invest after ’75. US consumers still wealthy, and TONS of cheaper foreign made crap to buy and sell to them, our unwitting neighbors.
That led to a proliferation of small stores and shopping malls on both sides of all main roads, to SUCK money out of our country like a vacuum cleaner. Totally over built and over invested sector. Many already closed down. Commercial property taxes, then rents got too high, and many businesses could not raise prices, and gave up.
The last sectors to go down, should be the gov’t supported sectors. That would be gov’t employment, and gov’t vendor employment, and possibly real estate employment. Trump was WRONG when he implied Janet Yellin kept rates down to help Obama.
They held rates down to support their own necks, their real estate baby, (gold money replacement) of which, the banks are up to their balls in R/E loans. The low rates were also intended to support foreigners with low interest rates for sales of foreign made autos. Nobody at the Fed cared about Obama.
Trump should know, the Fed is managing and supporting the entire global economy, and China did NOTHING to become the global vendor. It was all arranged by big business and big banking, by maintaining an anti-USA rigged Yuan exchange rate for LONG TERM.
D’oh! Reality is very rude!
Macy’s, Kohl’s Crash After Reporting Abysmal Holiday Sales; Cut Guidance; Announce Mass Layoffs, Store Closures
Hey Maddog
yeah really more of the same. Can’t believe Bitcoin is almost as much as gold. At least we’ve had a positive start to the year so far. Today is not as good as it should be but yesterday was way better than it should have been.
Death from more of the same. Looks like DOW 20k by tomorrow?
@ 2 pm NY Time, Dollar/SM go bid, Au goes offered = Fed speaks
U don’t need a degree to read these mkts, a monkey could read them, but the never ending sameness would quickly bore them…..we need a lower form of life……hence scum-life.
Farmboy
Re Fed
Was chatting to a well dialed in mate the other day and he reckons Trump will not touch the Fed/Fall st, as he has too much to do elsewhere…..but should he pull that off and as a result be v v popular/powerfull, then in a 2nd term he may try to fix that swamp.
In short he doesn’t want wars everywhere…which kinda makes sense, unfortunately.
I think that he may Tweet a weaker Dollar before Jan 20 th….which will set off huge moves….
‘Audit the Fed’ bill gets new push under Trump
”
Controversial legislation to subject the Federal Reserve’s monetary policy powers to outside scrutiny is getting new life in Washington.
Rep. Thomas Massie (R-Ky.) and Sen. Rand PaulRand Paul (R-Ky.) have re-introduced legislation to “Audit the Fed,” after a similar effort stalled in the last Congress.
But such a proposal, which has been vocally opposed by Federal Reserve Chairwoman Janet Yellen, may face its best odds ever of becoming law. Both chambers are controlled by Republicans long critical of the Fed’s policies, and President-elect has heaped scorn on the central bank since the beginning of his presidential campaign.
Paul specifically mentioned Trump in a statement about the bill Wednesday, making clear the measure’s proponents believe they have an ally in their cause coming to the White House.”
http://thehill.com/policy/finance/312662-audit-the-fed-bill-gets-new-push
Farmboy @ 12:26
LOL that Wanka! Thinking that he could read the tea leaves and chicken bones!
Wanka it’s in the termites! Soylent Termites!
Silver EKG, Looks Promising
Blue Line, Silver DOA
Red Line, Break out the paddles
Green Line, so far….so good.
So Where Is The Pre-Fed Market Run Up?
Maybe they are waiting until after Yellen’s Fed speak, to push it over 20,000 giving her the credit ?
macroman3 @ 11:09 I Am Hoping To Build A New Pond,
Ever since finding out the ‘pond’ provided by AuGal was really just a waste water run off hole, I have had dreams of building my own pond.
Something small enough I can enclose during the winter with a cardboard box. I’ve got a start, now just saving up for the plastic garbage bag liner. Sending Wanka a box of tree leaves. Maybe he can give me an idea for a completed deadline on the project ?
Yeah Maya, I saw the ocean plumes on suspicious observers daily forecast, about 1 minute in
Pretty impressive
ipso facto @ 10:31 AHA !! Told You It Was Wanka’s Fault,
All these years he has been reading tea leaves and chicken bones instead of Tree leaves with termites in em.
macroman3 @ 11:09 – If you can afford a container…
you too could have a vacation home in Hawaii!
http://www.clarkhawaii.com/property/52088289/92-8607-LURLINE-LN-Ocean-View-HI-96737
Own a piece of the rock…. fresh lava on the west rift of Mauna Loa. The mountain is inflating, and recent temblors on the west flank may be precursors of an eruption…. it’s due. Just think… you could have a flowing lava barbeque rolling right past the house. No worries about -20 degree temps… you could be toasty warm!
Bitcoin $1,100
Up 6% today. Chinese going nutz over capital controls.
As good as the action is in the metals
the scum are all over the shares, especially Nem, which refuses to follow any rally in Au, but doubles every dip, tks to the scum.
macroman3
I may be able to afford a tarp pretty soon …
Hiya Maya that’s a nice pic of ipso’s and my new hovel coming around the bend delivered by the CN freight.,
Times are so great, we get to upgrade from the cardboard box out behind the Quickee Mart!
Not sure how warm mine will be in -20C tho…
Good morning Oasis
Increased Gold Grade Boosted Endomines Gold Production in Q4 2016
http://finance.yahoo.com/news/increased-gold-grade-boosted-endomines-080600066.html
Harte Gold provides Corporate Update
http://finance.yahoo.com/news/harte-gold-provides-corporate-120000419.html
Serengeti’s Updated NI 43-101 Technical Report filed on SEDAR
http://finance.yahoo.com/news/serengetis-updated-ni-43-101-123000321.html
Caledonia Mining Corporation Plc: Notification of holdings in the company
http://finance.yahoo.com/news/caledonia-mining-corporation-plc-notification-123419920.html
Provides Operations, Development, and Rehabilitation Update at Its Golden Chest Mine Project
http://finance.yahoo.com/news/jersey-mining-provides-operations-development-133000446.html
Detour Gold Responds to Mini-Tender Offer by TRC Capital
http://finance.yahoo.com/news/detour-gold-responds-mini-tender-133000615.html
West Kirkland Mining Provides Nevada Update
http://finance.yahoo.com/news/west-kirkland-mining-provides-nevada-133000135.html
Peru Securities Commission removes suspension of Trading Order on Minera IRL Ltd shares and confirms the “primary” status of BVL listing
http://finance.yahoo.com/news/peru-securities-commission-removes-suspension-140737790.html
Yeah, I Seen That Too. And Then Noticed Mux Was up 11% and Jnug 18% Yesterday.
Thinking maybe we need to do a little upgrading to this ole Gold Train Steam engine. Think you could get your hands on one of those little nuclear powered engines they use in submarines ? Need to pick up the speed a little more don’t you think? Maybe even get Wanka to install it? In between his naps of course!
Far as today’s action goes it looks like Wall St is waiting for Yellen to make her usual announcements. Maybe Trump can Tweet something about gold to help us out a bit?