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Maya
It might help for inflammation but not losing electrolytes dehydration. You being part American Indian plus a man are more prone to sudden heart attacks. Listen to your body when doing stuff like that. Plus NSAIDs are harder on the liver to detox even a bit more than Tylenol plus slows platlet formation and more prone to bleed, Imo take them only if you need them. Things going on here too with yard and working with hard pan and lots of rocks plus three digit weather. Bla bla lol
“The One Who Dies With The Most Toys Wins” Old Propaganda to promote buying STUFF
My friend mentioned below, with all the stuff told me its a burden and wishes he got rid of it all when the real estate selling was easy. I’ve heard others say the same thing. Too much STUFF. The more you have the more you have to store and maintain.
My view from way way back was …”The one who dies with the most time off wins”. And with robots imports and computerized machinery etc eliminating jobs, the modern Gov’t of today SHOULD change the propaganda to…..THE ONE WHO DIES WITH THE MOST TIME OFF WINS.
OR…”WHY WORK IF YOU DON’T HAVE TO?” Find a hobby, ot travel, go places, go fishing, write a book, invent something, stop wasting your life each day, that day never comes back, while accumulating tons of stuff you don’t need and die leaving it all behind.
A friend near by sold his house and everything in it. He was so happy….”House was too much work, I’m going to rent a studio apartment in my friends house for $800/mo and I’ll be traveling. He likes to go surfing.
Call in sick, use up your sick days. 🙂
ipso facto @ 11:02 re households have virtually no savings
Every financial writer has a negative story to tell. Pretty much what everybody already knows. But unfortunately NEVER ever tell anybody the reasons or causes. How it happened, when it started etc etc. They only describe and rant about the negative results.
You know me, I rant about the causes of all this unaffordability. I blame outsourcing, and an artificially low base wage for everything. We all know there is a shortage of nurses. I was talking to a guy nurse yesterday. He said the pay isn’t what it used to be. He said he knew nurses that gave up and got police jobs and other tax funded jobs that pay more.
So I told him why its the way it is…..If the minimum wage had $24/hr worth of purchasing power like in did in 1967, (mandated by gov’t, unskilled entry level pay) all the nurses and other skilled occupations, would make a lot more money, because there is a “pecking order” range from unskilled to skilled. All wages would be higher and employers would make less profit.
I personally know an employer that had 65 people once at minimum wage. He’s at the end of his life now, owns about 15 multi family houses free and clear, two Benzes and a Grand Cherokee. If he paid more, he’d just have less STUFF, maybe half, and he can’t take it with him. All his employees got food stamps at our expense.
The domestic gov’t was smarter after the depression. US labor is a natural resource like Lumber and Oil etc. Any lands the Gov’t owns had to be compensated for the resources. Why just give it all away? Same with unskilled labor.
The new modern gov’t, by business, for business, is like my friend getting away with paying low wages, and creating burdens for taxpayers .
Mr. Copper
There ARE limits to debt. Saw this this morning … serfs in traing? Serfs to be?
More than a third of California households have virtually no savings, are at risk of financial ruin, report says
out for a bit
Ipso re Bolivia’s President Declares ‘Total Independence’
Good for them. Like you said they better watch their backs. So they are joining Cuba Iran and North Korea so naturally they will be punished because they won’t “share” anymore with the so called global community.
The only way to fight the global one world gov’t (BANKS), is for people themselves to NOT do what TPTB want them to do. TPTB want people to borrow against their future income and spend in on imports.
It the ONLY way to fight and resist, Refuse to buy what is spoon served to us at retail stores and car dealerships.
Smart move but watch your back
Bolivia’s President Declares ‘Total Independence’ from World Bank and IMF
Bolivia’s President Evo Morales has been highlighting his government’s independence from international money lending organizations and their detrimental impact the nation, the Telesur TV reported.
“A day like today in 1944 ended Bretton Woods Economic Conference (USA), in which the IMF and WB were established,” Morales tweeted. “These organizations dictated the economic fate of Bolivia and the world. Today we can say that we have total independence of them.”
Morales has said Bolivia’s past dependence on the agencies was so great that the International Monetary Fund had an office in government headquarters and even participated in their meetings.
Bolivia is now in the process of becoming a member of the Southern Common Market, Mercosur and Morales attended the group’s summit in Argentina last week.
more http://ahtribune.com/economy/1803-bolivia-morales-world-bank-imf.html
Copper price surges to 2-year high
Copper futures trading on the Comex market in New York raced higher on Tuesday on renewed optimism about demand from top consumer China and indications of tighter global mine supply.
Copper for delivery in September jumped to a high of 2.8540 a pound ($6,292 tonne) in early afternoon trade, up 4.3% on yesterday’s close to the highest since mid-May 2015. Copper’s 2017 year to date gains in percentage terms now top 13% and the red metal is trading 28% higher than this time last year.
While Chinese imports of refined copper dropped in June and is down 18% over the first half of 2017 to 2.23m tonnes, shipments of copper concentrate continue to strengthen jumping 23% in June from the month before to 1.41m tonnes.
President to Block
transgenders from servicing in the military. Story at Zerohedge.
NFTRH=thoughts on FOMC day
It is FOMC day, a periodic ritual where a group of economists get together and pretend to have decisions to make about interest rate policy. Well, according to CME and the Fed Funds Futures there is a 97% chance that the Fed sits on its hands today. That won’t be a surprise.
But Janet Yellen has a little problem and his name is Uncle Buck. The US dollar index and its pairing vs. several global currencies are on the verge of collapsing below important support levels. This update on currencies from this week’s NFTRH 457 explains why I am short the euro and prepared for the USD to find support and bounce. Now, at this point that is just a contrarian’s fantasy because the market says USD is in trouble. But have a look at the post and see if you might agree with some of its premises, especially where sentiment and Commitments of Traders are concerned.
So here we have the Fed, overseeing a massive bull market in stocks and ostensibly in accommodation removal mode. My premise since the election of Donald Trump has been that the Fed could now slowly and routinely remove the monetary policy stimulants it had injected into markets nearly non-stop during the Obama years because that admin’s goals depended on monetary policy (i.e. monetary stimulation, because there sure was precious little real economic stimulation going on) whereas the new Republican policies would depend upon fiscal stimulation. I would argue, however, that “fiscal stimulation” may be code for ‘dollar devaluation’ to spur exports and boost manufacturing.
So a big question now is whether the Fed, despite its slow tightening regime and stated intention to implement future rate hikes and reduce the size of its balance sheet (USD-supportive actions) actually means business, leaving the Trump admin to its fiscal policies; or whether the Fed will ‘play ball’ with this admin in a different way.
Core to the Trump fiscal agenda would be a weak US dollar. We just may get a look at Yellen’s cards today. If FOMC rolls over and keeps things well and dovish despite the weak USD, we’d have a clue that they are on board the weak dollar express. But what if the Fed chooses to support the dollar through some subtle jawboning about future hikes and balance sheet reductions? I have no real dog in this fight. I’m just trying to make sure NFTRH is on the right side of it.
Looking at it from a different angle and taking out the political while only considering market-oriented inputs, here is a big picture look at previous Fed tightening cycles. The stock market topped on the last two occasions that the Fed Funds Rate (FFR) caught up to and slightly exceeded the 2 year Treasury yield. But a more acute signal was when the 2yr began to decline and negatively diverge the FFR (note the red lines on the chart below).
Looking at the chart one might say that the 2yr and FFR have a long way to go before they reach a topping area equivalent to the 2007 example; but one might also look at the S&P 500’s mega hump and ask… ‘Really? That was 7 years of Zero Interest Rate Policy!’ The above is a picture of a distortion built on years of out-of-whack monetary policy (note how the 2yr began to rise in 2013 and the FFR did not start following it upward until late 2015). Maybe 1-2% is all that the Mega Hump and all that hot air can take on this cycle. It is the relationship between the 2yr and the FFR that will be important. At a current 1% to 1.25% the Fed is approaching the 2yr’s 1.4% but the market appears fine for now (and a bull trend is a bull trend until it no longer is).
A central question going forward is whether or not the Fed will choose to support the dollar and head off inflation, or wait to see the white’s of its eyes? Since the election the stock market has been very much tied to a dollar depreciation theme (and has, since 2011 been a primary beneficiary of the Fed’s inflationary operations). The last big rise in USD preceded a significant corrective phase in the markets (2015 into 2016). So which cards will Yellen show with respect to Uncle Buck and his current precarious state?
NFTRH=Thoughtd
Maddog @ 0:34
Roger that, thank you, I started reading it. I see the banks as a one world socialist gov’t, and we all know socialism doesn’t work out after they run out of other peoples (or countries) money to spend. They control currency exchange rates. So they can move money (or hours of labor) from a rich country to a poor country via production of products. (wealth) Bottom line they moved too much US wealth off shore, and after 2008, they can’t really do that anymore, but they still are. Americans can’t spend money like they used to.
A requested repost=Market Forces Are Aligning For A Powerful Trend In Gold Prices
Market Forces Are Aligning For A Powerful Trend In Gold PricesLior Gantz, founder of Wealth Research Group, believes that fundamentals for precious metals have been confirmed and expects a major rally.
I hate false breakouts. They disgust me, and the entire community despises them!
That’s why for the entire duration of the past week, we’ve been checking and confirming this rally from every angle, and I can tell you that the mother of all short squeezes is upon us.
Gold Short Squeeze
My contacts in Asia (India and China), a fund manager in Russia’s gold inner circle, and the people I’ve been using for years in the European capitals of “old money” (Brussels, London, Vienna, and Monaco) have all vetted this short squeeze and indicated that the paradigm has shifted, pursuing the last Federal Reserve minutes and Yellen’s congressional testimony.
I even called in to some of the larger Swiss bullion dealers, as a would-be customer with a large order, and they informed me that if I want physical shipment, “I should experience severe delays.” One dealer said they had been emptying parts of the vaults they hadn’t used in 14 months!
It’s time to position using your best strategy.
For the majority of the past year since our September 2016 flash alert, “Overbought conditions in gold sector signal the top is probably here,” we’ve implored and suggested to take profits on 2016’s thick gains from your winners.
Since that time, we’ve been cautious, restrained, almost bearish at times, only pounding the table on the most obvious opportunities to scoop up the Rolls Royces of this sector for Mitsubishi prices, but now isn’t such a case.
You see, for 11 months, the market has been consolidating, building up bearish sentiment, shaking out all the thousands of so-called gold investors with a “dabbling in the sector” approach, and even the institutional money has been duped into shorting gold in bulk option contracts right as the market turns.
Net Long vs. Gold Price
They are all about to feel what it’s like to have a herd of elephants run over them!
Gold net long positions hitting an extreme low and the last two times this happened, we saw a 10% move, which would bring about $1,400 in a matter of months.
We’re not holding back anymore and we’re not delicately picking up surgical positions any longer. It isn’t a casual event this time around—it’s time to reap rewards!
Understand that what was missing up until now is a confirmation of fundamentals for precious metals. The threat of multiple rate hikes, coupled with low inflation data, was killing the catalysts for gold. That threat has disappeared from the landscape, so get strapped, as the coming months could be a defining moment for our portfolios.
Get busy researching ways to take advantage of this rare period.
Goldielocks
Naproxen Sodium OTC works for me. 🙂
Ipso
They’re hoopla about change is like a flea sitting on a horse and saying it’s to heavy for the horse to carry.
Now what the flea or tic can do is cause havoc so can man. Pollution of land and air and deforestation killing species and air as well as polluting oceans killing species and air. The dont talk about that and it’s the one thing that can kill us as well as other species. They might not care about other species just like people standing around taking pictures of someone in peril and doing nothing until it’s them but by then it will be to late because like the market were all interlinked.
Buygold
Some gold watchers some non bias.. Not selling it.. are looking at move above 1260 but still theres resistance at 1300. Silver above 17.
Mr Copper…ur gonna love this.
Central Bankers ‘Are’ The Crisis
http://www.zerohedge.com/news/2017-07-25/central-bankers-are-crisis
snip
Over the past few years the Automatic Earth has argued repeatedly, along several different avenues, that American society was at its richest between the late 1960s and early 1980s. Yet another illustration of this came only yesterday in a Lance Roberts graph:
