The Canadian MJ stocks might do okay there since we have Sessions here who want to eliminate them although he’s okay with Opioids, go figure. I don’t follow them so just guessing.
Happy Hour
Belong to a little “investors group” 9 guys. Diversified Backgrounds …….
Been together over 12 yrs …. 125 meetings ….. $100 (each) per month goes into a group trading account.
Last night the majority wanted to BTFATH …….. Sure I said …… Lets go for it !! (UGH)
We are over weight oil and gas (CDN) We hold T.ABX and T.CEF.A (my influence )
Two MJ stocks …….. (I hate MJ)
I give up
Hahahaha, Really, I didn’t give up …… I just keep stacking Phyzz ….. and hanging with the boys
“I just wanna get along”
Butter is cheap ……. So is Silver …….
Some of my best friends ……. On the markets …….. We can’t make any sense at all …..
Onward Pilgrims
Winedoc
Richard640
re Wierd day
Big danger the Chinese news was as useless as the last NK ICBM news, tks to the Rig.
SM nicely up again tonight, all is well etc.
Re The Bogeyman Bond Market Crash (higher interest rates) That Never Happens
Bogeyman, an imaginary evil spirit, referred to typically to frighten children, or a person or thing that is widely regarded as an object of fear. This chart below does not look like a Bond market crash to me yet. It just looks like one of many dips on the way up. I report, you decide. 🙂
Maddog-a weird day
SLV had no gain but SIL-CDE-PAAS-HL all had nice gains…
Charts-Tech analysis of the stock market
Maddog @ 15:24
They’re effing magicians … but who believes what the magicians do?
Maddog
Yep, the matrix – nothing is real
They can do anything they want in these markets without being challenged. Ability to print unlimited amounts of fiat is a powerful tool which is why I doubt any country will ever back their currency with anything of value again.
scum at work…….SLV goes negative !!!!
and just to really rub it all in…..PoS TSLA is UP on the day !!!!!!!
Near miracle Bond close on the Hi tick for the day !!!!!!
Just unreal action that stinks of the scum. A lot of serious money is going to be questioning the action, as to how once the US opens everything goes the Fed’s way, yet again.
Sure we are used to it and few care what happens in the PM’s, but the bond mkt has v big money wondering, just what the hell is going on.
Putting a few percentages into Physical gold, has to make sense, when ALL paper becomes suspect.
It sucks having a democratic governor
Inslee’s carbon tax would raise costs for consumers, polluters to fund environmental projects
Washington Gov. Jay Inslee on Tuesday unveiled details of his new plan to charge polluters, a centerpiece of the Democrat’s drive to combat climate change and address a court order to speed up a fix for the K-12 school system.
The plan would tax carbon emissions generated by transportation fuels and power plants at $20 per metric ton starting in July of 2019. After that, the tax would increase by 3.5 percent each year, plus inflation.
The governor’s office estimates the tax would raise $1.5 billion over its first two years, and $3.3 billion over four years. Much of the money from the tax would initially be used to replenish the roughly $1 billion in reserves Inslee hopes to spend on education.
The money later would be spent on a mix of clean energy, water conservation and other environmental projects.
http://www.theolympian.com/news/politics-government/article193750759.html
Maddog
Thank God those “Belgians” have deep pockets!
Well ain’t that convenient !!!!!
What Bond Boycott: Foreign Demand In 10Y Auction Soars
https://www.zerohedge.com/news/2018-01-10/what-bond-boycott-foreign-demand-10y-auction-soars
I guess that famous Brussels PO Box, was busy buying billions of Treasuries, just in time….again !!!!!!
@Portugeezer
Thanks for the response, much appreciated. Well said and makes sense. I really need a lot more time for response. But briefly I see what happed after 2008 is an act of desperation by the bankers. Not Obama. I’m certain they did not want to do all the crazy things they did after that crash.
They all would have been hung like Sadam Huseign if the whole global economy collapsed. By the way, the more Americans spend on cars TVs clothes etc, the more money a foreign country gets. It’s like a global income tax for Americans when they spend money.
The more money they make, the more taxes they pay. Remember, the USA had to fight for Europe. Europe never had to fight for us at enormous expense.
Bitcoin Dissonance
Them that knows nothing don’t like it, them that know something think it could succeed.
Buffett: “I would buy a five-year put on every cryptocurrency”
Floridagold, re Game Over Article, About Rates Going Up, As Bonds Go Lower
The story makes sense, but in my view it was “game over” was back in 2008. Long game, spread paper money “prosperity” around the world, from 1913 to 2008.
The author FORGOT to mention the DEFLATION in labor costs that started after 1975 as the USA used foreign labor instead of domestic, for the global greater good.
It took its toll by 2008, when low paid taxpayer borrowers could no longer afford to pay down 105% leverage on real estate buys. That they were encouraged to do.
Holding down unskilled labor costs, unwittingly holds down SKILLED labor costs also. Which leads to no savings accounts, no down payments, and lower interest rates to accommodate low wages, low tax receipts, big deficits etc.
I have not yet seen even one financial writer, writing about a deflation in labor costs, and or a lack of maintaining with cost of living inflation, the minimum wage and Social Security payments. Why? Are they all fake news connected, and I’m not? Or they don’t remember anything?
Note also the gov’t/business media saying they are puzzled that the high demand for labor is not pushing up wages??? See how full of crapola they are?
No business man wants to or is going to pay, any more than they HAVE to pay. For rent, for electric, taxes etc. They DON’T have to pay the REAL cost of what a laborer costs to live in the area they do business.
In reality, the local gov’ts/businesses should for their own good, represent all non union labor prices. “If your business is not lucrative enough to pay all expenses, rent electric labor costs, then you can’t be in that business at taxpayer expense for increased poverty.”
Is what the business community needs to be told. But the business community has been telling the representatives what THEY want. Usually, they want, CHEAPER THAN NORMAL COSTS for LABOR and MATERIALS.
FYI
Retail Investors Finally “Up To Their Chest” in Stocks, Become True Believers with Record Exposure
by Wolf Richter • Jan 8, 2018 • 64 Comments
One of the “bigger fears”: dip buyers get burned, turn into sellers, “get an exponential move to the downside.”
As far as the stock market is concerned, it took a while – in fact, it took eight years, but retail investors are finally all in, bristling with enthusiasm. TD Ameritrade’s Investor Movement Index rose to 8.59 in December, a new record. TDA’s clients were net buyers for the 11th month in a row, one of the longest buying streaks and ended up with more exposure to the stock market than ever before in the history of the index.
This came after a blistering November, when the index had jumped 15%, “its largest single-month increase ever,” as TDA reported at the time, to 8.53, also a record:
Note how retail investors had been to varying degrees among the naysayers from the end of the Financial Crisis till the end of 2016, before they suddenlybecame true believers in February 2017.
“I don’t think the investors who are engaging regularly are doing so in a dangerous fashion,” said TDA Chief Market Strategist JJ Kinahan in an interview. But he added, clients at the beginning of 2017 were “up to their knees in it and then up to their thighs, and now up to their chests.”
Floridagold
Re Bonds…..Great article….some of us oldies understand the vicious nature of a Bond Bull mkt…the fact that it is called a Bull causes many to think it is good news.
How the snowflakes handle it will be priceless…..the whining will be epic, the Fed may well cave and print to infinity.
The Gold and Commodity Bull Market That Started In 2001, and The Four Year Correction with Both, Ended In Late 2015
My view is the “central planners” in 2001, started pushing the US Dollar lower. Because of various reasons. USA commodity prices were in 20 year bear market by 2001.
US Producers were going out of business. Remember? After George Bush Jr got in “they” had “him” put tariffs on steel and lumber. Until the lower dollar kicked in to raise the prices and help the USA live.
Obviously, by 2012, “they” must have decided the USA was replenished enough, and a stronger dollar was needed to replenish a weakening Europe Japan et all. Don’t forget, when they help the USA, the OTHERS get hurt, and vice versus.
This is all simple stuff. Like a farmer watering various areas of the farm. They started this crap after WW II. Breton Woods agreement. By late 2015, Gold at $1060 and other commodities were already in a long 4 year correction.
In the long run, the global economy NEEDS a healthy prosperous US consumer/taxpayer. The US consumer/taxpayer, does NOT need a healthy wealthy Global economy. History since 1913 has shown, they need us MORE than we need them. Simple. “They” have to build us up for their benefit later on.
Simply amazing action
day after day
Buygold
Yes and some of them like him can be nice in person I’m guessing but you just can’t trust them. They’re idea to protect America from what? Desmiation, the twin towers, armless or armed invasions, poverty, our money going everywhere but here?
Banks, they’ve moving up now on the prospect of interest rates where they can charge more. I see the beginning of another bubble in the future.
deer79
I guess so, but it’s really hard to see that happening from where I sit on a daily basis.
The VIX, SM and of course pm’s are all completely managed and ridiculous.
We haven’t seen any potential crisis or anything else be able to cause the “shit to hit the fan” in years. Even if we have “events” the moves are corrected in a matter of hours.
BuyGold
You’re absolutely correct; there’s just too many weapons that the Cretins can manipulate to keep things under control. I guess the only positive from that is that we should clearly see when the *hit hits the fan……VIX will pop multiple handles, G&S should pop $50/$5 easily and the market will tank big time. From our lips to God’s ears….
Hi Goldie
Assume you mean Rosenstein but yes I agree, he’s lying thru his teeth, but he’s a Democrat and a lawyer. The swamp is full of them – the DOJ is a cesspool.