Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
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Updated Sunday, August 20 at 6:30 p.m. EDT
There’s no denying these are quite interesting times, in a Chinese curse sort of way. Only an asteroid on a collision course with Earth, or an ISIS nuclear detonation, could make the world seem any more interesting than it already is. Under the circumstances, it’s tempting to predict that, any day now, the stock market will recalibrate itself to the grim realities of a civilization in eclipse, and, more urgently, to a Trump presidency dangerously adrift.
With the foregoing in mind, I present today a chart that shows DIA, an ETF vehicle that tracks the Dow Industrials, rolling down from on high. There is a lot of white space below it, more than ever before, and that is what makes the chart seem so scary. Even so, you can see that all such disturbances in the past were ultimately resolved in favor of bulls, usually quickly. Perhaps that will prove to be the case this time as well.
I am watching AAPL in particular to keep me from hitting the panic button prematurely. The stock looks bound for a $168 target that lies $11 above current levels. Assuming it is achieved within he next 3-5 weeks — a prospect that I would rate a 60-40 bet at the moment — higher prices lie in store for the broad averages as well. Regardless, if the sharp selloff begun last Wednesday starts to snowball in the days ahead, sending DIA below July 24’s 214.68 low, we should brace for a possible avalanche. We’ll be watching the lesser charts in the meantime, so that it does not catch us unawares. We will also look to buy puts on strength, meaning not now, not yet..
Going to the coin shop and laying down cold hard cash for shiny coins is so old fashioned. They had to create a way to siphon off inflation that was cool. Everyone has a cell phone. Who needs real money anyway. Its the new way right? Well, right? I’m reminded of “there is nothing new under the sun”. Advances come and go, but, from the larger perspective of life, human nature has remained and always will remain the same. Bitcoin may soar. But I remain confident gold will too. Its the timing they control, for now.
She gave a good rant, I hope people listen and act upon her advice. I’ve been to the range, own and can handle a rifle, a revolver and a semi-automatic with fairly good accuracy…and have a good supply of bullets. I also encourage any woman with whom I come in contact to arm themselves and learn how to use their weapon of choice. We either stand up for ourselves or knuckle under to the evil demands of the lunatic left and since Charlottesville, there really isn’t all that much time left to prepare.
Horowitz is right about “idiot Republicrats” but he also knows full well they haven’t been hoodwinked, they are complicit and actually leading the charge against Trump and for the Globalist, Zionist, Neocon scum. That’s why things in the U.S. never change, the government always get bigger, liberties are always stripped, the debt always grows and the scum always wins. Repulicrats like McConnell, Ryan, McCain, Flake, Graham, and a host of others care nothing of the Constitution or the country.
“He has dumped all the people who had the ideology that elected him and now remains surrounded by people that ideologically hate him. Plus he has allowed his daughter, who nobody voted for, seemingly unfettered power and she has a cloth ear when it comes to his core vote and politics in general and is more than likely being played by Lloyd, like a violin..
Also I read that Cohn wants the Fed and that if he gets it, it is worth 5 % on the SM and that he can name his price, so weak is Trump…
All in all another win, win for Lloyd and the boys, there are no women in their circle……but all they really have is the Rig and that is flying in the face of both mathematics (debt) and gravity (prices).”
Of course he has. The Zionists said play ball or you die. These are the same Bolshevicks that destroyed Russia at the turn of last century, the same group that killed the czars and murdered Christians. Does everyone here understand that these are the children of Satan that now rule the US? Can it not be any effing clearer?
Watch Auandag’s video of the Patriot Nurse – she refers to the Bolshevicks many times – she knows exactly what this country is up against.
Uncertainty, confusion etc is what u can expect from Trump. I don’t think anyone has any idea what he will do next.
He has dumped all the people who had the ideology that elected him and now remains surrounded by people that ideologically hate him. Plus he has allowed his daughter, who nobody voted for, seemingly unfettered power and she has a cloth ear when it comes to his core vote and politics in general and is more than likely being played by Lloyd, like a violin..
Also I read that Cohn wants the Fed and that if he gets it, it is worth 5 % on the SM and that he can name his price, so weak is Trump…
All in all another win, win for Lloyd and the boys, there are no women in their circle……but all they really have is the Rig and that is flying in the face of both mathematics (debt) and gravity (prices).
I tend agree but I’m not sure about CWII. Will the removal of Trump be enough to wake up the millions in the silent, law abiding majority? Will they actually leave home, families and jobs to take up arms?
If there are about 5-10% that are willing to do so then it’s game on and that should be enough. I don’t know. I do think it’s going to take a lot of us in our 50’s and 60’s to get uncomfortable and lead.
The Patriot Nurse and her website just got favorited.
@ Buygold: If Trump doesn’t then he is finished and so is America. If he is removed from office you can count of Civil War II. The lefty crazies don’t seem to understand that it is the right who have the weapons but if they keep pushing, those weapons will come out and it will be bloody.
@ Ororeef: On August 22, 1979 there was a Solar Eclipse. The following January 21, 1980 gold hit a high of $850…and immediately plunged in price. What you need to understand is that a Solar Eclipse does not necessarily mean that gold will rise and stay there. We can only hope that history doesn’t repeat.
Yep that one lol Did a little DD on him. Scumbag sums him up. Even paling with ripping off the terminally ill stealing their IDs for money?
Good thing Va has term limits. Pay attention to Whos funding the runner up.
AN ECLIPSE IS A MAJOR TURN POINT FOR GOLD ……stay well gold is impervious to pollution’s ,gold is Truth,Gold is Pure ,Gold is timeless.Nothing man does can change that ,every Religion acknowledges its Purity .Gold will be Trumps Savior…It was Good enough for the Wise men who brought Gold,Frankincense and Myrrh to Jesus.
Show me a Catholic Church without Gold ,Catholic means “Universal” and Gold is Truth …”Universal Truth” ….TODAY is the DAY ! The ECLIPSE ! WE enter a NEW ERA !
U Talkin about our beloved Governor McAwfull ! He will sell you out in a minute ,sell out his Country,sell out his Soul (its already sold).FOR MONEY in the Clinton Fashion ..Political position has one purpose ..everythings for SALE show me the Money …scum Bag
tried to get him to say Trump was wrong about everything and Kasich wouldent go that FAR and refused to condemm Trump for anything except to say he could have managed it better….Tapper tried to goad kasich into saying he would oppose Trump at the next election ,Kasich refused ..Clearly the Media think divide and Conquer is what they are after ..He tried to put words in Kasich mouth at every turn and failed …to Kasich credit who said Trump is the President ,we should all want him to succeed.
If Republicans dont support Trump the Moderate ,they will get Attila the HUN next time. count on it…
Well well, let’s take a look at Clintons fund raiser -the Gov of Virginia -with a background of corruption of enriching himself while ripping off the citizens. Nothing on race prior to trying to blame it on Trump who has actually received a medal to help black children along with Rosa Parks and Mohammed Ali – just corruption. Now they can add creating a race war and using media manipulation he’s obviously experienced with. Check Wonder if he’s been in touch with Hillary lately
I Can’t Believe Terry McAuliffe Is Going to Be Governor of Virginia
No experience in office? Check. Sketchy business partners? Check. Media manipulation? Check.
I Can’t Believe Terry McAuliffe Is Going to Be Governor of Virginia
Trump will do exactly none of them.
for so long, I stopped reading him. I just checked and he is now bullish
Source: Jack Chan for Streetwise Reports (8/13/17)
Technical analyst Jack Chan charts the latest moves in the gold and silver markets.
Our proprietary cycle indicator is up.
The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.
“People like us should be a little depressed today because there’s no one on the President’s side in the White House anymore. “
“Why isn’t he giving all his interviews to Breitbart, Daily Caller? Why isn’t he directing his communications director, or press secretary, to call on the conservative media. No, the conservative media is totally dissed in the press briefing room.”
“He’s surrounded himself with the ruling class.” — Ann Coulter
Seven ‘car parts’ – 2.35688864 BTC
