Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
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Loading ...Trump held a rally there this past Monday. TWA flight 800 crashed on Long Island back in July 1996. On board were 16 French Club students from Montourville High School along with five of their chaperones. The crash investigation was wrestled away from the NTSB by the FBI. They concluded that the crash was caused by a spark that ignited the fuel tank. World Net Daily did a story written by Jack Casnill called ‘Did Trump Send TWA 800 signal At Montoursville.’
“In science, progress is cumulative — we stand on the shoulders of giants. In finance, progress is cyclical — we keep stepping on the same rake.”
Jim Grant
and that’s the rub right there.
When you own the printing press there is no one with the ability to compete or stop what the scum wants done. I do believe though that the day trader among the small group who dares to venture into pm land knows the rules and knows full well that pm’s never go up two days in a row. They also know the other rules, i.e. gold is a safe short at +1% on any given day, so is silver for the most part.
They also know that once a downtrend gets started, it can last for several months without anything but a minor one day bounce, maybe one out of every ten days. Uptrends of course are the opposite, best case you get three spread out up days, mixed with two flat to down days that will keep you on the sidelines and afraid to buy. You sure as shit can NEVER buy strength or you’ll be down 5% same day or next day at the latest. Example: MUX this am strong @ $1.34, closes @ $1.26.
I can name a slew of others, but MUX is pissing me off the most at the moment. Plug in JNUG or NUGT they’re easy.
Get ready for a JNUG or NUGT reverse split soon which means an instant 20% loss. Probably HUI back to 135, where it was in 2001-02.
As deer79 said though, who cares? the CEO’s get paid
Thank Gawd the market is closed on Monday…..this ain’t no mkt, it’s a charade.
Been out and about, checked prices a few hours ago and it wasn’t too bad….then just came in and saw PM shares took it all back…..no way is that selling anything but a scum algo…..just like the one that Bid the SM all the last hour and sold Bonds and the Vix……but who is gonna stop it.
Gold and silver drift lower, pm shares hammered into the close.
Watch the beloved JNUG finish DOWN on the day after being up 6%
Anyone buying this garbage knows pm’s will never be up two days in a row so why not get out now?
Sorry folks, I know I said I’d take a break. I guess I need a longer break than at first thought.
Be ready for a 400 pt. up day on the DOW tomorrow on some little positive blip from Trump or Kudlow on trade with China. PM’s and REM’s will get absolutely crushed and the USD will soar. Easy peasy. One thing about Trump he is second to none when it comes to working the stock market – never expected that.
Thank Gawd the market is closed on Monday.
The Demos know they’ve been doing people wrong and instead of self reflecting they’re just doubling down. Because they can’t win they are going to try to get rid of our elected president then VP so Pelosi can be Potus. Wouldn’t that be a kicker. Then your gay guy can let all men and boys compete in woman’s sports, get their scholarships that took generations to finally get and Pelosi can reverse the tax decreases raise taxes and give up our sovereignty to the UN. After all we can have a functional and prosperous society because that wouldn’t be fair.
crashed just when Venezuela sold 500 millions in GOLD because they needed to buy FOOD ,somebody wanted that GOLD at a lower price ! ALL they got left is about 400 millions and theyre toast after that ..The RICHEST OIL country in the World ….Now the OIL prices are falling again ,somebody wants cheap oil to finish MADURO off once and for all along with IRAN .. Dont need no Stinkin WAR ! JUST sink the oil price with naked shorting on Wall ST.. yeah baby maybe they’ll leave GOLD alone ..they GOT FATTER FISH to FRY shorting OIL ! That should keep them busy for a while ,maybe we can make a few bucks in the mean time..
Biden and BUTT-GUY ….take one old white guy ,one young white guy who is a Fem with a husband and the Dems cover all the bases ..The fem guy female vp….,the Gay base is covered…the Feminist base is kinda covered ..Biden can hold the black vote together ..Butt Guy can speak Spanish i guess ..except they re not so big on Gay’s thats not a Hispanic thing being Family oriented and all.Biden will have to stop sniffing kiddies and content himself with sniffing Butt-Guys butt. One big problem is the Muslims the Dems love so much arent into Gays or sniffing butts.Butt what to do about the new Casio Cortez and her muzziie friends ,now thats a problem for Pelosi aint it ? The Dream Ticket …Trumps gonna love it…! You cant make this shit up..!
Energy: https://finviz.com/futures_charts.ashx?t=ENERGY&p=d1
Indices: https://finviz.com/futures_charts.ashx?t=INDICES&p=d1
@Goldilocks, I would like a girl friend like you. There would always be something to talk about. 🙂
Taxes have gotten worse since then. DMV has doubled and tripled SO WHERES THE INFRASTRUCTURE? NOW PELOSI WANTS THE REST OF THE COUNTRY TO SHOULDER THE BURDEN LIKE THEY DID TO CALIFORNIA WITH NO RESULTS. THIS HAS BEEN GOING ON FOR DECADES INCLUDING SCHOOLS THAT HAVE BEEN GOING DOWN HILL SINCE LEFT HAVE TAKEN OVER. ITS A TRANSFER OF WEALTH SCAM.
California Legislature hikes gas tax for infrastructure plan
I can definitely use the relief. There is still some significant resistance from here to about $7.10 then 7.85.
Reverse point waves are beginning to show up in some other markets. Wheat and coffee have reverse point waves up and buy executions.
rno
Fingers crossed on that.
Odds are we bottom some day!
I agree re sentiment…is anyone apart from the hardest bugs still long ????
Still we have RNO buying JNUG…he has been very right, often and R640 is smelling a turn….
Hard to think that sentiment in the PM shares could get any worse.
Mostly green today but certainly nothing to write home about.
http://futures.tradingcharts.com/marketquotes/DX.html
10:17 AM–The dollars gains are fading fast…now up just .134…no wonder gold rallies are so hard to catch…let’s see if this is just another one day wonder…silver is lagging…the dollar in the green. is a great “hook” to keep demoralised bulls. from jumping on board.
Barrick Gold’s subsidiary Acacia Mining (LON:ACA) condemned its parent company on Wednesday for keeping it out of discussions with the government of Tanzania about a long-running row over outstanding tax claims.
Acacia’s comments come on the heels of the Canadian gold giant’s bid to take full control of the company, which is Tanzania’s No. 1 gold miner.
Toronto-based Barrick has proposed to buy the remaining 35% of Acacia it does not already own through an all-stock offer pitched at a discount, arguing that the plan offers a route to end Acacia’s crippling dispute with Tanzania’s government.
Acacia blames Barrick for barring it from Tanzania talks, mulls takeover bid
you have good early signals,but I think it will be at the end of the month for me . Maybe 1 week to 10 Days but I may be spltting hairs. Im looking at Seasonal bottoms..Momentum …slow stochastic is not there yet ….but soon ! good call !
Know what u mean…..there are a number of serious people who think the SM is near a bull mania phase, so no doubt something like that will happen, at some point.
