re Kudlow to become Trump’s next top economic adviser??? HUH???
Boy, now things are getting even more interesting, about what’s going on. Kudlow is a well trained pro global establishment bull/shitter from way back. Why would they want him in the Whitehouse? What good would he be for the US economy?
And all this b/s about taxing steel and aluminum is just one big propaganda smoke screen. Imported steel and aluminum is not what killed the USA. The biggest money drain problem is importing massive amounts of consumer products. What are we going to do with steel and aluminum? When we don’t make much of anything anymore.
The USA probably imports $1,000 worth of raw steel and aluminum for every $1,000,000,000 worth of consumer products. Ask yourself. How many employees would metal producers need, compared to how many employees would be needed if we made our own consumer products. 1,000 employees for producing metals to every 1,000,000 employees manufacturing things
If anything, importing steel and aluminum is good, we keep ours good stuff here in the ground and use up the other countries good stuff. Exporting manufactured consumer products makes more sense.
Besides that, every time I stop at a traffic light, I feel like I’m in a foreign country. I see foreign made cars all around me. Like flies. They are mostly made of steel and aluminum. Tax the metals that way. We need big tariffs on those cars.
If they are twice as good, they should cost twice as much. And the Americans that buy them are detracting from the US economy, so it only makes sense that the foreign car buyer pays a tariff and contributes something to the US Treasury dept, so the rest of the Americans have lower taxes.
The ONLY reason I can see for beefing up metals producers is here in the USA is TPTB or central planners are figuring in a possible or definite war after a big global economic crisis of some kind from the unwinding or reversal, or reset, of globalization. Survival of the fittest country.
NOT the false fear of the Fed unwinding the so called big bad balance sheet boloney. Globalization to me is the BIG thing, like the hollow cheap construction of the Trade Center buildings. Or one big engine on a 747 instead of four engines. VULNERABLE.
Numbers I found:
Total imported steel 2017 $22 billion.
The total value of exports is US$ 1,450,457 million.
The total value of imports is US$ 2,248,209 million.
Note, what the hell is a million $million? $100 Trillion???
this Britt Floyd does the Stephen Hawking Keep Talking
better than the old Floydsters …..I’d bet that red rock place sounds like a good place for a show
GORO’s Reid q call
he kept the share count low…………..no quake damage from last big one
Well Winedoc – There you go
The only strategy is to contain gold and boost the fiat dollar
I have no doubt they can do this until the end of time
So glad Trump chose Kudlow the crypto
Happy Hour: “I Know Nothing”
Larry Kudlow: “I Would Buy The Dollar And Sell Gold”
What Do I Know ? ……. Im the Winedoc
Evening Friends
Winedoc
goldielocks
I know what you mean. It’s hard to get energized to do DD when we are continuously clobbered.
Cheers
Ipso
Thanks for letting me know. I haven’t been doing serious DD on these miners last few years during this downtrend. Didn’t hardly seem worth the effort. When they do go although still like GORO many just go with them on symphathy but not to hold long. Haven’t even checked the filings but should of on at least one of them. Guess I’ll have to look into these miners.
goldielocks
Gold Resource Corp. “GORO” has nothing to do with the Goro Mine in New Caledonia. The name is just a coincidence. All their operations are in Mexico and Nevada.
Federal court upholds Texas ‘sanctuary city’ law that allows police to ask about citizenship when they make arrests
Texas past the first of its kind law in an effort to crack down on illegal immigration
The law prescribes jail for police chiefs, sheriffs and possibly frontline officers who fail to cooperate over U.S. immigration
Also allows police to ask about immigration status during a lawful detention, such as traffic stops
Ruling in the federal Fifth Circuit Court of Appeals upholds most of the law
Plaintiffs including cities of Houston, Dallas and Austin sued, arguing the law violates their free speech rights to criticize policy
The cities say they abide by all legal U.S. detainer requests
Treefrog
Goro owns the largest mine in New Caledonia. Good stock to hold long IMO and pays dividends every month although tiny better than nada. Brazil companies like Vale is there too.
https://www.mining-technology.com/projects/goro-nickel/
eeos,
south africa isn’t a major producer of cobalt. they’re eleventh on the list. new caledonia produces more cobalt than rsa does.
I didn’t realize Cobalt was a primarily SA mined product
It desperately needed in the green industry revolution….https://www.indexmundi.com/minerals/?product=cobalt
good luck
Anyone here using “Robinhood” trading with NO commissions ?
questions does it work well.? are you happy?.is it suitable for normal stock trades,not just cryptos.
any gotcha types of trades?
Remember? On TV? Everyone, And Their Uncle, Says The Economy Is Booming And Will Continue To Boom.
That means a recession is coming soon. And the one year higher rates may have been engineered to make room for dropping rates in their next down turn. Any info you get from me will never ever match what’s on TV.
Remember? On TV? Everyone, And Their Uncle, said Rates Were Going Higher after they GOT Higher
Mr. Copper said that’s wrong because too many people said it, and it was unanimous. Everybody can’t be right.
Look at the Bonds below all going up, meaning rates are DROPPING again. Because of the Trump hoopla, rates went higher. After 36 years of dropping rates.
It was only a short term ONE year bounce higher in rates to almost 3% on the ten year.
macroman3
God knows what the real story is, because as u say there are so many nasty actors involved, anyone of them could be guilty.
Just was reading some comments and found this beauty.
Note this guy ‘killed’ himself with multiple stab wounds and then the same Home Office Pathologist that investigated Kelly confirmed the manner of death as suicide !!!!!!
The enitire Kelly story stinks…he too ‘suicided’ himself with a penknife no less and suposedly bled to death !!!!
Kelly was the UN arms inspector, who ‘certified’ Sadam’s WMD’s….like hell he did …..so he had to go.
Then I read that Skripal was involved with the Steele dossier and Canckles probably hadn’t offed anyone that week, so why not.
All I know is that far too many people want to piss off Vlad, who just happens to have a massive nuclear arsenal and is a super hard bastard, who has probably ordered the offing of more people than even Canckles has….why is what I want to know, why are they so keen to piss him off….Oh yeah and far too many of them are gay and he hates gays….
Well Portugeezer
I’d look it up on Ameritrade’s Think or Swim Platform which cost your average stoc broker joe blow several thousand a month the stream real-time data, but unfortunately ICE and Ameritrade think the dollar is no longer an important chart to trade or stream without plunking a huge fee on people. WTF? Nothing to see here.
Time To Short The SnP Dow and Nasdaq?
Yesterday near the close I shorted the Naz with an ETF small cap bear X 3 ticker TZA. Others are the SnP short SH or SDS X 2 short, or SnP short SPXU X 3 short.
Keep in mind these are for SHORT term plays only, with very little money, and very risky, and cash out right away on the slightest drop.
I’d swear that Huma
is Hillary’s girlfriend. Not that I care, but just one more layer of fraud
So Maddog, what is the scuttlebutt on your latest Russian frame up? MI 5/6, CIA Poking the Bear to which angle…
Ukraine, new Syrian redline justification, Brexit warning or Chris Steele/Clinton dossier cover up?
Huma is holding the new miniRAE
the latest technology in stink detection as Hillary has to be told when her depends are full………….after decades of delivering BS ones sense of smell goes away.
https://www.instrumart.com/products/40353/rae-systems-minirae-lite-voc-monitor