Loading ...Levin is only partially there. He is a conventional conservative that goes along more with the business as usual Repubs. Why he first came out for Cruz.
They had both senate and the house but failed to get reform, the wall or tackle healthcare. I heard he kinda freaked out when Trump was addressing China but now China is making changes although China being China we’ll see if they keep to their word. Things seem to ge changing for the worst over there.
Richard 19:21
FWIW-
Something interesting?
I thought so.
Links together a whole bunch of stuff if true.
The story, told to “V” by “W”, is tedious in places, but then becomes very engaging.
Maybe worth a listen with coffee and a jigsaw puzzle, as it is basically a podcast – no video, no pics.
Happy New Year to all.
Credit Bubble Bulletin=I’ve feared a scenario where illiquidity becomes a systemic global issue. From closely analyzing previous booms and bust episodes, things often prove even worse than I expect.
GOT GOLD?
The backdrop points to an inhospitable Liquidity backdrop. Serious market structural issues have bubbled to the surface, issues market participants either haven’t appreciated or simply believed would be readily rectify by central banks before confidence was impacted. The orientation of powerful financial flows has been upset. Hedging and derivatives markets have dislocated. The great fallacy of “moneyness” for risky stocks, bonds and derivatives is being laid bare.
Importantly, I view speculative Credit as the marginal source of global Liquidity. I believe a historic Bubble in securities and derivatives-related Credit has been pierced. This Bubble was fueled by years of zero/negative rates and Trillions of central bank “money”. As we saw this week, bear market rallies tend to be ferocious. And when a short squeeze and unwind of hedges is in play, surging prices will spur hope that the sell-off has run its course and that Liquidity has returned to the markets.
It’s just not going to be that simple. Global markets face serious structural issues years and decades in the making. Hopefully markets can avoid crashes and make necessary adjustments over an extended period of time. For a while now, I’ve feared a scenario where illiquidity becomes a systemic global issue. From closely analyzing previous booms and bust episodes, things often prove even worse than I expect.
Richey re McCarthy and the house committee on unamerican activities
My view McCarthy lost, the bad guys won, in the ’50s but it all resulted in the 2008 crisis, and now they have problems as their way finally failed. The system is trying to “right” itself. Going in reverse.
Silverngold–Martial law is much needed
The republican and democratic progressive traitors have sold the american people out to the Globalists–as mark Levin says, they wish to fundamentally change america to a statist entity and end personal freedom–wealth redistribution is what they are up to–flooding the country with illegals will ensure a one party government–like in california–mcCarthy and the house committee on unamerican activities was dead on right–another is needed to weed out the commies/leftists/socialists…a strongman is needed–hopefully Trump will step up to the plate
FWIW, but keep in mind January 19 which backwards is 911 and possibly when TSHTF!!
Martial Law WARNING! Do not be tricked!
the big picture pm charts were based a lot on someone else’s work
i will go through my backup files to find the name he was in australia and died many years ago but his big counts were usually spot on
i saved all his charts (i think)
aurum
buygold
i kept in touch with winedoc via email mostly for cooking ideas a shared interest and family news as his children have grown through the years no surprise and moved out of the nest
i lost touch with augirl to my regret as i so enjoyed our shared love on music but from different perspectives
and she opened new music vistas for me
aurum
aurum
good to hear from you, don’t be such a stranger. drop in more often.
GOT GOLD? The inevitable demise of Sears could be seen from a mile away, and the same thing can be said about the country as a whole.
Our debt-fueled standard of living has been propped up by the biggest debt binge in the history of the world, and Wall Street has been transformed into the largest casino on the entire planet.
The entire U.S. economic system has become one huge Ponzi scheme, and all Ponzi schemes ultimately collapse.
Right now, we are in the early stages of a game that is going to take some time to fully play out. The pessimism that has gripped Wall Street is starting to spread throughout the general population, and many experts were stunned to learn that consumer confidence just declined for a second month in a row…
The confidence Americans feel in the economy fell for the second month in a row and touched the lowest level since last summer, perhaps a sign that worries about the 9 1/2-year U.S. expansion have spread from Wall Street to Main Street.
The consumer confidence index dropped to 128.1 this month from a revised 136.4 in November, the Conference Board said Thursday. Economists polled by MarketWatch had forecast a 133.3 reading.
If you have been a regular visitor to my websites, then nothing that will happen over the next few months should be a surprise to you.
The inevitable consequences for decades of exceedingly foolish decisions are starting to roll in, and the bursting of “The Bubble To End All Bubbles” is going to be beyond excruciating.
buygold 10:43
yes the KL chart has been surprising – i missed buying that one
also WDOFF is another i wish i had bought
i have been tracking them though and a chance to get in on both is just around the corner imo
i dont have my charting software anymore since i quit activing trading and use my ipad so harder to see patterns but much more convenient working from my recliner
sorry to hear about Wanka
aurum
aurum
Again, good to hear from you!
I seem to remember that your charts went out for years on when you thought gold would peak/fall and I think you were probably pretty close if I remember correctly. If had thought this would go on without the upside for as long as it has, I would have sold in 2011. Live and learn I suppose.
As for the shares, always hoping for one more period where we get 10 baggers, but hard to see from here.
The best performer for me over the last few years has been KL – Kirkland Lake. I guess there’s always a gem hidden in a pile of rubble somewhere.
Thanks again for posting!
buygold 9:34
perhaps i will rebuy just that those guaranteed future sales will be a drag on price
why not wait for higher prices and net income for cap expenditures
anyway i have 2 other silvers with gains could just add to those or perhaps the new silver standard symbol ssrm i think
anyway i am not doing any of it seriously this time just for fun no longer an active trader
aurum
Morning aurum
Talk about a voice from the past, glad to see you post.
I’ve been holding a small position First Majestic for a long time and am of course underwater like all my pm shares, traded in and out a little.
I like the CEO, I guess when guys like Neumeyer and McEwen finally buckle to dilution like they both have in the past few months, maybe we’re closer to a bottom than we know.