Posted by Ororeef
@ 17:45 on March 21, 2018
Furious at the reaction to reports he congratulated Russian President Vladimir Putin on his most recent electoral triumph during a hastily arranged Tuesday phone call, President Trump tweeted Wednesday afternoon (right in the middle of Fed Chairman Jerome Powell’s first post-meeting press conference) that the media is crazy for not lavishing him with praise for trying to repair the relationship between the two powers.
Trump also noted that “Obama called him also” and that “the Fake News Media is crazed because they wanted me to excoriate him. They are wrong! Getting along with Russia (and others) is a good thing not a bad thing…”
He added that “They can help us solve problems with North Korea, Syria, Ukraine, ISIS, Iran and even the coming Arms Race.”
Obama and Clinton “didn’t have the energy or chemistry” to get along with Putin, Trump added.
Posted by Ororeef
@ 17:29 on March 21, 2018
That is just about the Dumbest thing Iv ever heard of….We have to dumb down the economy so we can make it smart later…..that s what they are saying ..trying to control the US economy with interest rates ..It serves the FEDs purpose ,but nobody else ..thats why we have boom & BUST….end the FED until they stop this shit….”WE raise rates because we may have to lower them..”..what fucking morons.! Everything dosent evolve around the money changers UNLESS you let it…the greedy Bastards .!DO nothing ,GO home ! let market forces set rates a computer would at least be impartial ,instead of the Fed picking winners and losers.
The world was prosperious before 1913 when that egg head W.Wilson let the Banksters run the US economy with their interest rate scams that serve only the money changers.The whole fucking industrial revolution took place without the FED ..The whole STEEL,AUTO industry, the Railroads BOOMED without the FED….
They busted the economy in 2008 ,just like they did in 1933,only this time they bailed themselves out ,they didnt need to establish their Power grabbing banking business authority ..They didnt stop recessions like they claimed they could do in 1933 .They failed and all they did was make the DEBT 1000 times worse,so you cant fix a debt crisis with more debt….Raising rates make the next recession come faster and faster each time because the debt is Greater …..Its a mathematical certainty .! Stop raising rates,do nothing ! The DEBT is TOO high to raise rates…fucking morons! TAX the BANKS and pay down the DEBT.. Sell off Wells Fargo assets theyre crooks anyway, use the money to pay down the debt..everybody will be better off.
Posted by ipso facto
@ 17:12 on March 21, 2018
“I called President Putin of Russia to congratulate him on his election victory (in past, Obama called him also). The Fake News Media is crazed because they wanted me to excoriate him. They are wrong! Getting along with Russia (and others) is a good thing, not a bad thing…….”
https://www.zerohedge.com/news/2018-03-21/trump-obama-and-clinton-didnt-have-energy-or-chemistry-get-along-putin
If you post: “No Nuclear War” would Fecebook ban you?
Posted by ipso facto
@ 17:06 on March 21, 2018
Posted by ipso facto
@ 16:50 on March 21, 2018
That’s sad to hear and a train to nowhere. I much prefer the Scotland of my dreams or delusions.
Cheers
Posted by Ororeef
@ 16:18 on March 21, 2018
Posted by Maddog
@ 16:05 on March 21, 2018
Tdy was a good day for PM’s yet the scum have to sell it all off into the close, no way do they allow a Top tick close….they never rest.
Will tommorow be the start of taking it all back…unfortunately looking at their antics on the close, more than likely.
Still at least some v good action in PM’s and F***Book is on the way to the poor house.
Posted by treefrog
@ 15:31 on March 21, 2018
sadly, scotland is neck deep in nanny-state socialism.
i have relatives in southwest scotland (near castle douglas), and i visit occasionally. it is one of the most beautiful places on earth – especially in high summer. less happily it is hopelessly mired in collectivist hive-mind culture.
Posted by ipso facto
@ 15:07 on March 21, 2018
Posted by Maddog
@ 14:36 on March 21, 2018
No matter the chaos elsewhere the Gold 1 % seller is still there……and of course the SM buyer….
Posted by Mr.Copper
@ 14:18 on March 21, 2018
The Mr. Copper story. 🙂
Fed has been raising rates because they know economy is going to get weaker, and want to have some extra rate points to drop later as a headwind for the next recession.
Posted by ipso facto
@ 14:08 on March 21, 2018
Posted by ipso facto
@ 13:34 on March 21, 2018
“Laws such as this” Against deep fried Mars Bars?
I never knew Scotland was so screwed up. It’s a sad thing for the proud Scots. Sounds like a Lewis Carroll story co written by Cormac McCarthy.
PS You English are very generous. 🙂
Posted by Buygold
@ 13:27 on March 21, 2018
Just waiting for the slow drift back down to reality.
USD steadily picking up steam
Posted by Maddog
@ 12:54 on March 21, 2018
Posted by Maddog
@ 12:53 on March 21, 2018
Posted by Maddog
@ 12:11 on March 21, 2018
Re Joke
That is in Scotland, which under the SNP is a sick joke itself……the problem is England gives a huge amount of money every year, to shut the Sweats up (Ryhming slang …..Sweaty Sock = Scot), which the SNP uses to bribe the vast underclass of no good layabouts into voting for them…..huge numbers have no idea what work is and just lie around drinking industrial strength lager and eating deep fried Mars bars, all paid for by the English.
Hence the place is run by cretins like Wee Crankie….Nicola Sturgeon, who enact laws such as this.
https://en.wikipedia.org/wiki/Deep-fried_Mars_bar
Posted by ipso facto
@ 11:58 on March 21, 2018
Posted by Buygold
@ 11:31 on March 21, 2018
Hope so. Powell has the press conference after the announcement, we’ll see how it goes.
Posted by ipso facto
@ 10:55 on March 21, 2018
But the rate rise is already baked in the cake. Last time they raised gold went up …
I’m hopin … 🙂
Posted by ipso facto
@ 10:54 on March 21, 2018
Zambia Hands First Quantum $7.9 Billion Tax Bill After Audit
Zambia handed First Quantum Minerals Ltd. a $7.9 billion tax bill and said it’s planning an audit of other mining companies going back six years. The Canadian miner’s shares fell the most in almost two years.
First Quantum received a letter from the Zambia Revenue Authority dated Monday “noting an assessment for import duties, penalties and interest on consumables and spare parts,” the Vancouver-based company said Tuesday in a statement. The southern African nation accounts for 84 percent of its revenue.
“The company unequivocally refutes this assessment which does not appear to have any discernible basis of calculation and will continue working with the ZRA, as it normally does, to resolve the issue,” it said.
First Quantum isn’t the first miner to be hit with a massive tax bill for operations in Africa. Last summer, Tanzania sent Acacia Mining Plc a demand for payment equal to almost two centuries’ worth of the gold miner’s revenue. And the Democratic Republic of Congo is moving ahead with a new mining code that would dramatically raise taxes and royalty payments.
cont. https://www.bloomberg.com/news/articles/2018-03-20/first-quantum-confirms-7-9-billion-zambian-tax-assessment
Posted by Buygold
@ 10:37 on March 21, 2018
I’d be stunned if this little rally holds up after the Fed raises rates in a few hours
Posted by ipso facto
@ 10:12 on March 21, 2018
https://www.zerohedge.com/news/2018-03-21/austin-serial-bomber-dead-blows-himself-after-shootout-police
The Austin serial bomber suspected of delivering six homemade bombs to locations around Austin this month, killing two people, has died after blowing himself up. Less than an hour after CBS Austin released photographs of the suspect at a Fed-X facility, media reported of an officer-involved shooting on I-35 in Round Rock.
Police have identified the dead suspected bomber as a 24-year-old white male, according to the Associated Press.
Good riddance!
Posted by Richard640
@ 9:54 on March 21, 2018
Paulson Returns Investor Money In Gold, Credit, Special Situation Funds
John Paulson’s hedge fund, which a little less than a decade ago was the most desired place for buyside employment on Wall Street, is imploding.
Just days after the Post reported that the firm fired its heads of equity and credit trading amid freefalling P&L as the one-hit wonder has so far failed to repeat the success of his blockbuster subprime megatrade, amid shrinking AUM which has tumbled from $38bn in 2011 to under $10bn now (of which 80% is Paulson’ own money), today Paulson Capital took a decisive step to becoming a family office – or perhaps just shutting down – when, as Bloomberg reported the fund’s gold and special situations hedge funds are returning client capital “as the firm narrows its focus.”
Posted by ipso facto
@ 22:45 on March 20, 2018
Those jokes were the cat’s meow.