Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...Case anyone wants to pass it on to family. Trying to explain what germs are to grandson scratching a mosquito bite.. Effects of all this rain.. I looked up some pictures of germs because hard for him to understand. Ran across this..
A video of silver killing bacteria.
Would the Zio warmonger moneychangers (Goldman appointees) pull the plug on the market and J6pk, now that they are all in again, to further the Deep State NWO goals? This rally has Oct 1987 written all over it!
Seems like a heck of a way to blame Trump and quietly slip away from the scene of the crime, a la 911, or is Trump actually in on it? (I don’t think so)
Isn’t that something you could look back seemingly not that long ago you could buy a good car for 25 dollars. Too bad those days aren’t still here.Instead we keep going the inflationary way currency vs tangibles wise. You could actually fix and replace things on them too without needing computers or having to take a dozen things apart to get to the part. Shame about the car. Those cars are still on the streets it Cuba despite parts probably needed through the year.
On the other. When interest rates rise I’ll bet you’ll see more foreclosures.
Back to the robot movie with the four year old grandson Im watching. He knows where his snacks are. He said did you get these because I’m so good. .. Yeah because your good… Aren’t you so happy because Im good. When he got another one later he said is it because I’m really good? Yeah you’ve been really good.
Thanks for the info. I can tell you a LOT of car stories. Between 1962 and 1972. Lots of drag racing, and a few interesting accidents. I remember around 1966, I got a 1955 Buick, 4 door. My friend got it from his grad father, only 25,000 miles on it. He sold it to me for $25. After that, I sold it to my landlord Vinny. A beautiful guy.
I LOVED that car and regretted selling it. It was like new, you felt like you were sitting on a sofa. You couldn’t feel it running and shifting. Dynaflow they called it. All one variable gear I guess. A few months later I see the Buick backed into his driveway. The whole front end was caved in hard. He told me he hit a bridge abutment, straight on and was very thankful to be alive thanks to that Buick.
I’m sticking to my original “guesses”. The whole economy is in the eye of the storm. Nothing is the way it looks. The future is always a surprise, and the masses are like a big herd of wildebeest, that don’t notice when a few of them around the edges of the herd get eaten up by alligators lions and tigers. 🙂
Real estate around me has many borrowers not paying. About 2 in foreclosure for each one for sale. The front page yesterday boasting about prices up 7% because lack of inventory. Boasting about high r/e prices is the same as boasting about higher FOOD prices, or higher GASOLINE prices.
People need food fuel and shelter. Higher prices require higher incomes for employees and bigger profits for employers. No boasting about that though. Seems like the banks are avoiding evicting dead beats. Many are now 5 years not paying. Make a down payment, get a mtg loan, and don’t even make the 1st payment. Nobody cares. This situation is spreading. Monkey see monkey do.
Another to look at the US economy? Its been in a slow motion invisible great depression since the gas lines in the 1970s.
P.S. re real estate. I think millions of refugees with money are moving into and buying up NYC real estate at high prices in cash. (remember Japan bought Times Square at the top) This is making natives in NYC cash out high, and move into the suburbs cheaper, not caring about a high price. Plenty of money left over, If this ground swell continues it will be a classic case of billions of Dollars outside the country hitting us in the face.
Opposing views on the USD. On the one hand I don’t see rates rising anywhere in the world other than the US so should rates rise in an orderly fashion I’d guess the USD will continue to climb.
On the other hand, Yellen said higher rates were coming today, the USD rose a little and gold stayed steady. Go figure.
The biggest comedy show on the planet is the stock market. It used to rise because rates were low and the USD was weak, now it rises when rates go up and the USD is strong. Can we just say it? The SM is on auto pilot, they have figured out how though computer programs to keep it going up in perpetuity.
A guess is just a guess, that’s what we’re all doing anymore.
First is all the downstream flooding through the central valley to Sacramento, having it’s own flood issues from the convergence of the American and Sac rivers before the enormous Feather flows.
The farm land flooded to a bigly percentage of North America’s bread basket is going to have the opposite problem later on when not enough water is available due to 60% of California’s water resevoir inventory offline for repairs.
Damned either way, treefrog yourselves to a better garden.
edit, well maybe all that rice grown will get cheaper with plentiful paddies in the near term.
Brown may get his wish in building a wall around Calif.
Counter petition outsiders want Calif out of the Union and build a wall cutting off Calif. Brown will destroy Calif.
Curious that you are recommending buying certain mining shares but think that the price of gold is going down?
Some timing thing I missed?
Critics of California’s willingness to spend billions of dollars on high-speed rail and services for illegal immigrants were quick to draw parallels to the state’s failure to invest in the Oroville Dam. The cost of fixing the spillway alone is now $200 million.
Charlie Kirk, founder of conservative student group Turning Point USA, fired off a meme Monday saying, “California Governor Jerry Brownspends $25 billion per year to support illegal immigrants/I wonder how much Governor Brown spent to maintain the Oroville Dam?”
What an incredible dog!
https://youtube.com/watch?v=FbzRYrLOHyc%3Frel%3D0%26controls%3D0%26showinfo%3D0
Maya is busy burning up the island cuz he hates green things, except frogs.
And Buygold is the King of all Slackers, and is using the extra daylight to take longer naps. (He learnt it from Wanka)
Older heavier cars didn’t compress much that is true but many died from the sudden impact because they kept moving. I remember seeing a young woman eyes open frozen in eyes that saw it coming before impact perfectly intact but she was sadly gone. Someone swerved in her lane from opposite direction. I remember a paralyzed man who was literally thrown through the back window from the drivers seat. I remember at about 19 a strong impact literally lifted me off the seat towards the back but I grabbed the steering wheel and held on. Got a stiff neck out of it. Many more thrown from the cars and lack of seat belts didn’t help. Those who wore them suffered broken bones from the belts. Where the person is on impact you learn to look for injuries. For instance what side of the car determines to look for left or right shoulder injuries from the seat belt that might not being evident at first sight. Now there’s coming up with stronger metal that’s light. Wonder how much they’ll cost where they’re already expensive.
The US Dollar is going to challenge its old 1985 highs. As rates start to rise (34 year U.S. bond bull market is over) loans held internationally (majority of international loans are denominated in dollars) will start to feel the pain. As they feel the pain they will want to pay these loans off. They need to buy dollars in order to pay these dollar denominated loans. As they buy dollars that causes the dollar to get stronger and trigger even more loan payoffs thus causing a feedback loop of a stronger dollar.
We need these perpetual dollar bears to short the dollar as they will be the ones buying the dollar back as it rises.
Remember- always do the opposite of the masses and you’ll usually be correct. The masses have been crying the dollar is going to die the dollar is going to die for as long as I can remember. So for now- US Stock Market UP. US Dollar UP. Gold DOWN. Bonds DOWN.
That will change. But not yet.
The 2014 manual run-up is clear. Chopy lateral motion all thru 2015 and 2016 is clear. The oct nov Brexit Trump hoopla accidently pushed the dollar to near 104. It broke below the 50 dma, the 50 dma running flat. My guess it will work its way closer to 200 dma during this year. If the dollar gets higher? The USA gets more wage deflation, food stamps, and bigger national debt, and a bigger dollar crash later. The kind where you need a wheel barrow. 🙂
Or Maya. Is it something I said?
Every time I see car wreak photos the last few years, with these so-called environmental friendly cars, the cars end up on their side or upside down if you’re lucky. Many of them also go up in flames. Like I’ve never seen before in my lifetime.
Have any of you noticed this in your local papers?
A family of 4 were rear ended and only the wife was able to get out. Husband and two kids perished. All other doors were jammed, wife could not open. The minority driver was drunk and left the scene. Lets not forget about air bags that throw shrapnel and kill people. Also reports of ignition getting turn off with a heavy collection of keys on the chain.
You guys remember the Corvair? “Unsafe at any speed”? The Ford Pinto they called a bomb if rear ended? Then the Chevy pick up that they filmed, and made blow up with a broad side impact? That was the DAWN of anti American cars propaganda. TPTB engineered millions of people to buy Toyotas and Hondas et al. Not me. I won’t even get in of the passenger of a Nazi or Jap car or any foreign tagged car.
…belongs to the state of california (aka granolistan). wikipedia tells us the dam generates 2.2 billion kilowatt hours (kwh) of electricity in the average year. figuring at a nickel per kwh (cheap), that means the dam generates revenue of over a hundred million bucks every year.
Long term chart showing lower highs and lower lows. On its way back to 70 or lower. TPTB want to restore the US economy, and a lower dollar is easier than creating tariffs.
That “run-up” in June 2014 was an artificial, manual temporary abrupt up-ward adjustment. America threw one last “bone” to the foreign nations that keep sucking us dry by selling us their crap for the last 60 years. Nothing stays the same forever.
Another point re chart. The dollar at 100 today is the same as where it was in 1972!!! But now the US Gov’t has a $19 trillion national debt, and or, because the entire tax PAYING working class earns less today than back in 1972 in constant value dollars.
Says bottom is in for Silver, Gold might have one more pullback. A Guru/Trader called ‘Bubba’. 🙂
Just a head’s up that if you haven’t heard of Mexus Gold. They own two mines. Both mines fully permitted. The Santa Elena mine is near completion and production should start in March as the leaching has started. They are initially targeting 10k TPD and 225 ounces a day and will ramp up to 20k TPD. The other mine San Felix will come online later. They are still valued as an explorer ~$75MM. I have owned them since 2012. They are following the GORO model of going straight into production with no 43-101, prefeasibility, etc etc. Photos can be found here: http://www.mexusgoldus.com/photos.php
$113 next for the futures contract.
You can bet your ass the Trump haters, and tree huggers were involved in that propaganda report. It had to be a decent discovery for so many senior miners to get involved. And its understandable for them to back out after hearing all the static from the local Indians etc.
And why even Repubs couldnt trust their own party. MC Cain already making derogatory comments. I as others don’t feel aligned with either party for that reason and why Trump won.
Maybe they should ask themselves this. Where were they when Hillary was using private servers subjecting them for hacking or deleting enails and destroying electronics? Did they ask her to step down? Flynn makes one phone call and steps down. So who’s dealing with internal leaking and more and who is not? Who on the left is gonna step down? We’re waiting. Think we’re gonna have a long wait.