Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...It would be one thing for their ilk to live and believe within their own hijacked territory without their neighbors wanting to holocaust them for the second (or more) times.
The fact they have over run the greatest nation on earth in the last 100 years is where I draw the line at protecting my family. If they just stuck to their own knitting….
Never, the only colors that commie knew were red and chocolaty brown.
BuyGold, help me, my sides are splitting…
Right up there with R640 getting off his Israeli knees…
I didn’t know that…if so, then gold could get its ass swatted pretty good
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The rate hike is for sure…that’s supposed to be bearish for gold; bullish for dollar….but gold’s been firm for weeks and silver had a small rally in spite of the known coming hike….gold may sink after the FED announcement but will be bought and may have a gain for the day
SEATTLE (AP) — Seattle leaders on Tuesday repealed a tax on large companies such as Amazon and Starbucks after a backlash from businesses, a stark reversal from a month ago when the City Council unanimously approved the effort to combat a growing homelessness crisis.
A divided crowd chanted, jeered and booed at the council meeting, drowning out the leaders as they cast their 7-2 vote. Many shouted, “Stop the repeal,” as others unfurled a large red banner that read, “Tax Amazon.” An opposing group held “No tax on jobs” signs.
Especially in blue states the closer you live to massive Gov jobs and higher populations the bigger the sucking sound of your money being pulled from your wallet. You got kids even worse because they can’t play in massive roads and traffic. Everywhere you take them cost money, even parking at say a water park or city fair, another 10 bucks just to park. Like people can’t just park themselves. If you work down town you have to pay for parking too. That’s not to mention all those robo cop traffic lights you pass on the way that sometimes go wacko and starts flashing everyone esp if raining. I’m guessing it picks up light reflections.
Then there’s taxes always going up.
Roger that ipso, thanks. 🙂 Yes I think of all kinds of things that re not in the news. Re your “permanently low depression.” I agree, very strange market actions for a couple of years now.
I actually think the US economy is in the pits or near the end of a second great depression (lower living standards for many) that was “hidden” or “over road” in various occupation creation ways, but its all catching up to them, and that’s why all this panic agenda to fix the US economy.
We simply can’t afford anymore smart meter and related jobs, environment, check engine lite jobs. Loads of unneeded man hours going on, welfare jobs I call them. They produce nothing of value and absorb funds from other people who can’t afford anymore expenses.
You always have interesting viewpoints.
LOL Maybe we’re stuck on a “permanently low depression.”
“NK and the deep state” Many a slip twixt the cup and the lip. I sure hope he has good protection!
“NK. Would love to see some real progress.”
Progress to me is everything going into reverse. That WW II crowd, here and in NK, must be dying off. After 9/11 and that 2008 dive I figured the USA can’t waste anymore money on defense costs. And that’s what Obama was doing.
I was suspicious of Trump when he said he wanted to beef up the military, (reversing the reversal) but he just said today….”We are no longer playing war games with S. Korea and we will save a lot of money”.
The next thing I’ll be watching for is his stance on Israel. Obama news quote “Obama throwing Israel under the bus”. If we here Trump later on giving Israel negative tweets, then we will know Trump just wanted to get the National Defense votes and Jewish votes.
Trump was against a higher Min Wage. To get businessman votes? But in reality it HAS to go much higher to maintain national security. To make the USA great again, would require a starting wage entry level in any occupation, to equal the buying power of 1967’s minimum wage.
This is a bizarre market today. Virtually nothing has moved in the last hour. Doesn’t even seem like the market is open.
Really encouraged by the North Korea stuff. Even more encouraged that Trump wants to pull out our troops from South Korea. We’ll see if the deep state actually lets him.
“I Own That” – Peter Navarro Apologizes For Trudeau Tirade
https://www.zerohedge.com/news/2018-06-12/i-own-peter-navarro-apologizes-trudea-tirade
“Tight ranges”
Yes getting a little beyond ridiculous. Classic theory would say that this presages a big move in one direction or the other. We’re about due for a Moonshot … maybe …
Wasn’t me talking about buying Aussie stocks. I see you’ve done very well with them. I’ve never bought one, not because of prejudice but because my broker doesn’t make it an easy thing like with the Canadian or US shares.
Fascinating stuff going on with NK. Would love to see some real progress. Obama must be green with envy.
Cheers
I can’t believe gold is trading in such tight range, are they trying to suck in as many as they can, before they slam it hard and take their profit, and send everybody else to the cleaners.Just have to wait and be vigilant and quick.
Can’t remember whether it was you or someone else that mention that they never made money on Australian gold stocks, I am surprised because some have gone by huge amount eg SBM 12c 2014 -$4.12 now , NST $1.00 2014 now $6.00, unfortunately PRU from $3.50 2014- now $0.43- luckily I bought it at 39c, and RSG 67c in 2014 now $1.26 but was as high as $2.50 dec 2016. Bought into lithium stock AJM ( EV batteries component) ,will see what happens with this one, but Chinese have about 30%, so I think it should do OK.
Trump -Kim agreement finer details will be interesting, I find it hard to believe that NK would give up it’s nukes altogether , considering that happened to Gaddafi (Libya) and Iraq, but then there is China as a referee, and I think that makes a huge difference.
GT
I am not day trading it but, rather playing the Intermediate trend….those trends last for months. So, if after a rising trend I then cash out and buy some gold coins with the profits… then how have I hurt the Gold market?
Almost 50 years ago , I worked at a research facility in Ontario . The nearby bedroom community at the time had the highest per capita education level in Canada . One of the principal recreation venues was the Curling Club , where periodically dances were held for the townsfolk . During one of the biggest dances of the year , the door flung open and a streaker wearing nothing but a paper sack over his head flashed through and back out the door .
His identity was a mystery …
That is , except for a number of wives at the dance who recognized his ‘endowment’.
Although this discussion is better with bullion, yes because it takes share supply off the market. The problem with shares is the people who manage them have done (and will do) a terrible job a la dilution. Some manage the company for shareholders, but not many. Most are managed for the principals, you know, their stock option plans, unjustified salaries, and the perks (condos, jets, etc.).
The ETF’s are worse, because they promote rank speculation and use of derivatives that fuel the machines. So you can act on a bullish signal, but you are not taking any supply off the market. What’s more supply is unlimited.
So if you want the clusterfuck to continue…just keep playing the derivatives.
Gata go.
Cheers
China’s CITIC grabs stake in Ivanhoe Mine for $560 million
A Chinese state-owned conglomerate will become Canada’s Ivanhoe Mines’ (TSX:IVN) biggest shareholder after billionaire Robert Friedland’s company agreed to sell a 20% stake for about $560 million (Cdn$723m).
Under the deal, CITIC Metal will also make a $100 million loan facility available to the Canadian listed company, which said it would use the proceeds to advance its projects in southern Africa, including Ivanhoe’s flagship Kamoa-Kakula project in the Democratic Republic of Congo – considered the most significant copper discovery in decades.
cont. http://www.mining.com/chinas-citic-grabs-stake-ivanhoe-mine-560-million/
Shares in Kinross Gold (TSX:G) (NYSE:KGC) jumped Tuesday in pre-market trading as the Canadian miner announced is going ahead with an initial expansion of its Fort Knox mine, located in one of Alaska’s largest gold producing areas.
The project, to be carried out over an area known as Gilmore, immediately west of Fort Knox, is expected to initially extend the mine life of the open-pit operation by six years to 2027, and leaching to 2030.
Kinross says it’ll spend an initial capital cost of only $100 million, increasing life-of-mine production by about 1.5 million gold equivalent ounces.
cont. http://www.mining.com/kinross-going-ahead-expansion-alaska-gold-mine/
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Kudos on all that! Been saying the same for years but to deaf ears.
Sign me up Captain Piccard! 🙂
On a realistic note I doubt our grandchildren will be asteroid mining …