Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...Great! This is the guy who headed up the 991 investigation. When asked a few years later about building seven, replied: What building seven. Then when running for re-election as an independent he recieved exactly the same amount of votes, right down to the last digit. What are the odds of that happening?
Hard to beat a quiet Italian eatery, with some Stromboli, a salad, baked bread, and dinner with friends to ease the pain of a loss. 🙂
Ready to take on the banksters again come morning’s light. See gold is fighting to hold its seat at the 1250 dinner table this evening. Hopefully, the miners will lend a little support tomorrow. ? The dollar is not very convincing about making a comeback. So many things to keep an eye on these days.
I think the Gold and Silver Futures Options expire on May 26th. ? Least that is what this web page is showing. So maybe da Boyz will lift their heavy foot off the brake for a week or so? Course, they could be shooting for the 1200 marker by next Friday. Take it a day at a time.
When they started giving free shares to black empowerment groups that was the day I dumped all my Great basin and put S.A. on my no go list. Is great basin even still around!
Agree. Trump knows but he is overwhelmed and has no power left IMHO. Not sure he’ll be allowed to do anything.
This country is in big trouble.
understands why we lost all those manufacturing jobs ,I know first hand how it happened ! Some have asked me would I start up a manufacturing job again..My answer is Hell no ! the corruption from the Government ,the Unions joined with the Government to Prey on them and live off of them like Parasites . They killed the HOST like too may fleas on a dog ! You have to exterminate all the FLEAS before you can even think about starting manufacturing ! That hasent happened yet !
Portugeezer – agree there are a lot of folks in the US and UK and elsewhere that have it coming. Too bad that some of us will get caught in the cross fire. These leaders are either all nuts or they know something we don’t know. Both possibilities.
Farmboy – glad you hung on to your JDST, whatever happened was sort of beyond the realm of what should have been.
I hate pm shares too. Wishing I’d never heard of anything pm to be honest.
before the Donut & Coffee shop I ran a Garment business that manufacture children’s clothes for 15 years ,had 150 employees and ran successfully until the Government decided they could trade those jobs to Asia, an industry that employed many workers in exchange for access to Banking and Insurance that employed comparatively few employees where computers did most of the work ..How to compete with labor that works for .10 an hour./. There were 500,000 Garment workers in the NY area Market at that time now less than 5 % remain……The Government did that ! I thought a Coffee shop because they couldent export those jobs …They just Regulated and Taxed the hell out of them ….!
Have to run and take a shower and meet some friends for dinner. Will get back on that OE.
Thanks for the heads up !
The open interest at the $1250 line in Gold must be big. Same old games. I guess the time to really load up,will be when ( and if) we see the Cartel fail to slam the metals lower before a futures/option expiration.
and you end up thinking like Trump ..everybody wants something from you ! You learn to fight and WIN or you disappear !
I have owned and operated several business’s in my life time. So am aware of all the ‘Tribute’ one must pay out along the way.
Mind you, this is not some ‘make a million’ scheme or goal. It simply is to provide a place for friends to meet, enjoy a 2.00 cup of coffe, share ideas, opinions, bitch about whatever. If there is a little in the till come months end, and the bills are paid, I will count it a great success.
Some call me a ‘Dreamer’. 🙂
Ps) I hate gold stocks, bunch of fickle idiots that neither understand, or stand by, their very own product. I hate trading. It cuts into my fishing time. But for now, it is a means to a goal. And so far this year, I have made enough to buy that first coffee machine. Now don’t go discouraging me about all the hassles of owning a coffee shop. LOL
I did for 25 years and everybody profited ..from MY investment ,my Hard work to an extent more than I did. The Franchisor got 16% of every dollar that walked in the door.The Marketing department structured every advertisement so the Gross went up instead of the Profit (their 16% ) instead of my net.The Government took 4.5 % of my Gross sales as sales tax,on my investment .It cost me $25,000 of investment to created every JOB I created (25)of them.Employees never even said thank you for creating the job they got ! The Franchisor lied to me about how the Rent was constructed in violation of the agreement. The Labor department told me to Prove I wasent discriminating under penalty of Law when I dident hire the idiots they sent down from thier unemployment rolls to test me . I was subject to 160 different TAXES to simply run a COFFEE and Donut shop …Paid Real Estate TAXES ,inventory Taxes ,even taxes on the equipment every year ,and had TAX FORM that read “This is where you report CAPITAL not otherwise Taxed” …I had an accountant to pay who enforced the tax laws ,but I had to pay him .! It ran 7 days a week 24 hours a day! ..Now I only work when the Market is open….and NO weekends !
NOW is simply buy GOLD stocks and only pay taxes when I take a profit ! NO freeloaders on my investment.! You still want to run a Coffee Shop ?
http://www.rationality.net/entropy.htm
Note: I was introduced to this principle (law) of the universe by an engineer friend who sought to prove, at least in his own mind, that there could not be a G-d, and that the theory of ‘Creation’ was a hoax. Had some interesting views on the subject, but in the end, what convinced him humans did NOT ‘evolve’ from a slime pit was the Law of Entropy. Well, that and his knowledge of Quatum Physics, which pretty much proves in his mind, that the theory of Evolution is a hoax. Made some sense to me, how he came to his conlusions, once he put in a simple terms. 🙂 Things, do not get better, improve, by themselves if left alone, but the natural course is for things to deteriorate over time. Such is the curse of the world we are experiencing. Things will only get crazier. Which for me, pretty much summarizes the current state of affairs.
Putting Obama in charge was in its effect ,just like putting Mandela in charge in S.A. The economic price will be paid for decades,but the Liberals “FEEL GOOD” about it.
Lets put the village idiot in charge ..thats FAIR ! Human Progress is set back by decades …life under Liberals gets worse as time goes by just like under communists because nobody invests in the FUTURE ..because theres no profit in it. So when the surplus runs out that the capitalists created ..its all over. All thats left is who gets the blame.!
In spite of everyone puking up mining shares first thing this morning, I was impressed with Gold holding a few bucks above the magical number of 1,250. Silver….who ever knows about that one. It blows more in the wind than Grandma’s laundry line.
Still kept enough JDST even if over weighted in JNUG. It was enough to prevent a trading disaster.
Tomorrow is a brand new day. Let’s see what fortunes, or not, it has in store.
Seriously, if it was not for the creation of those ‘Evil ETF’s’ I would not touch trading with a 100 foot pole. Thus far, having the ability to ‘balance’ my trading account on a daily basis, is the Game Changer for me. I lost $300 today, instead of $3,000. After 15 years on and off of trading, the ‘Buy and Hold’ just didn’t work for me. Its either learn a new way to trade, OR, I have had dreams of a coffee shop for years. Less work, less hours, less stress…maybe one day yet. 🙂 Besides this trading gig keeps me off the streets, which is probably a good deal for everyone. But I hear ya, buddy, trust me you are coming in 5×5. 🙂
BTW: You are still ‘trading’, exchanging paper for something you feel has/will have value. Your drug of choice is Bitcoin. A man has to believe in something. 🙂
I don’t know ol’ buddy. The psychopaths seem to be working overtime to keep us in fear. It’s almost as if they are following some predetermined script.
Nothing makes sense to me anymore.
As for the shares, I’m we’ll beyond the point of trying to trade. Not really enough left to make an impact.
My retirement is worth 60% less than it was in 1998. Oh well, maybe nukes will change that, pretty sure economic collapse is just a 50/50 proposition for pm’s. We tried that once already. 🙂
I don’t think the Russians will like us bombing their allies. I expect their will be some Russian retaliation on those fighting Assad.
Pretty crazy shit going on … and I don’t see any steps towards sanity. A few more stupid moves by individuals and we could well be into a Nuclear War.
After reading your latest article about Syria the impetus is also probably the same that we’ll be in another stupid war, maybe our last one.
These people in D.C. are just plain batshit crazy.
Well … if you’re not forced to sell shares then I say hang onto them. Time is our friend. The impetus towards catastrophe-economic blow ups is increasing.
US Coalition Jets Strike Assad Convoy In Southern Syria
With most expecting Trump to strike North Korea as part of his next foreign military adventure-cum-distraction from the chaos in D.C., the president once again surprised everyone by pulling a lighting bolt, striking twice in one month in the same place.
According to Reuters coalition jets have struck an Assad convoy in Southern Syria; near Tanf where US and British special operations forces have been training Syrian rebel fighters near the border with Iraq and Jordan. A US-led coalition spokesperson has confirmed that coalition strikes in southern Syria struck Syrian government militia “after it moved against US-backed forces in Syria.”
According to a BuzzFeed News reporter, Syrian rebels based with the US Special Forces in the area said that militia supporting the Syrian army has been nearby as well.
http://www.zerohedge.com/news/2017-05-18/us-coalition-jets-strike-assad-convoy-southern-syria
That chart is another major reason I don’t trade paper stocks anymore. Even when you know about that chart, it still takes hold! I dunno how you do it. I’d be broke in a hurry.
Time and virtually all MSM are truly the enemies of the people.
I’ve never seen anything like it.
The scum is just toying with the shares. What a joke.
