Loading ...Did you see them go after price gouging ? Nope they pay for them in one form or another to get elected.
Ipso 9:45 The real NWO of healthcare
Free healthcare for illegals.
I posted this elsewhere today. I also made mention they can’t ” rotate” Supreme Court Judges to suit their partisan unconstitutional aspirations. They have to power to do so and why we have separate powees. They can though get rid of the 9 th circuit court and should.
Health care, ” is now becoming a COERCIVE MONOPOLY
Defined below but FIRST KNOW the bureaucrats allow their “election donors” to drive up health care and medicine costs then use it to lure or force you to to agree to eliminate competition by paying them to run it. Have you noticed they have been driving private Doctors out of business or forcing them to raise fees to cover bureaucrat mandates.This will give them free reign to price gouge and not care about the quality of health care. Then add millions of non citizens getting it for free instead of their own country serving their own citizens. The lines will grow and ERs are already overwhelmed. Consider what’s really going on. Bureaucratic control over your life what your ” allowed to have” and your pocket book for profit..socialism…
A coercive monopoly has very few incentives to keep prices low and may deliberately price gouge consumers by curtailing production.[2]Also, according to economist Murray Rothbard, “a coercive monopolist will tend to perform his service badly and inefficiently.”[3]
Government monopolies
Undisputed examples of coercive monopolies are those that are enforced by law. In a government monopoly, an agency under the direct authority of the government itself holds the monopoly, and the coercive monopoly status is sustained by the enforcement of laws or regulations that ban competition, or reserve exclusive control over factors of production for the government. The state-owned petroleumcompanies that are common in oil-rich developing countries (such as Aramco in Saudi Arabia or PDVSA in Venezuela) are examples of government monopolies created through nationalization of resources and existing firms; the United States Postal Service is an example of a coercive monopoly created through laws that ban potential competitors such as UPS or FedEx from offering competing services (in this case, first-class and standard (formerly called “third-class”) mail delivery).1
https://en.m.wikipedia.org/wiki/Coercive_monopoly
Buygold
What I read last night about Crap Coin tells me that it is a total con job…..that crew behind Tether/Bitfinex stink to high heaven.
The Italian Ceo was trying to raise funds in Bitcoin at one time, he was offering to borrow Bitcoins at 2 % a month and said the reason he could pay so much was because he was involved in a specialist trading system called Arbitrage….which he said meant he bought low and sold Hi !!!!!!!!
Why the authorities allow it is another matter, but if they were doing their job they would at least be warning people against it, as closing it down is nigh impossible, as it would just move to another no regulation country.
Very. true…I am starting to worry…every rally gets reversed
it’s starting to be all too familiar…I’ll be very interested to see what the weekend brings–forget about a crash in gold…if it just goes, like today, back to watching paint dry, I may. just cash out–I’m up about $6K just today..I’ve had a good run if I have to turn in my jersey monday…until then, I gues I;ll keep waving the pop-poms…it’s a bit of fun and keeps me out of mischief…
R6
when guys like Ord come out with predictions like that based on this chart or that chart, as much as I’d love to hope it plays out, I’ve been seeing predictions like that fail for 17 years running.
Now, we’ve had a nice little rally of a $100 that has been stopped dead in its tracks while crap coin has gone from $3K to 13K
Just saying
Maddog–I don’t know how people get conned like that???
All those scams are on TV–especially the Nigerian ones-i can never be scammed…cause…you can never con a con man and you can never hustle a hustler!
This is theft. There is no other word for it.
A Vancouver, Washington, man is suing to get back more than $120,000 in cash that federal agents seized from him at the Portland airport, but authorities said this week that the traveler waited too long and “lawfully forfeited” the money.
“It’s not illegal to have cash,” said Bill Brandt, traveler Steven Williams’ lawyer, according to KOIN. “They just took the money from him and didn’t charge him with a crime.”
The U.S. Attorney for the District of Oregon, representing the federal agents Williams sued in March, asked that a judge dismiss the lawsuit on Monday and wrote in a motion that the “currency was forfeited when he failed to file a timely claim to contest the forfeiture.”
Read more here: https://www.theolympian.com/news/nation-world/national/article232046497.html?#storylink=cpy
R640
Re yr mate and China…Folks can be strange.
I had a hairdresser for maybe 20 yrs…he owned his biz and did OK we used to talk about the world and he had good insight especially into the high st economy, from all his clients and fellow shopkeeps etc.
The one day I called up and a girl answered, I asked to book an appointment, with Geoff and she said, the Biz was bust, closed down…so I had her cut my hair at her home and she told me Geoff had put ALL his money into a Nigerian scam, remortgaged his home and borrowed from his children and of course lost it all !!!!
He’d met the scammer at his gym !!!!!
New Poll New poll
Vote Vote
Memo To Trump: Trade Bolton For Tulsi
I really like her foreign policy views. She sounds like Trump did before he got elected. Now, as far as foreign policy goes Trump seems to be in the pocket of the Deep State warmongers. I must admit he is scaring me some. I have no idea what Tulsi’s other ideas are.
https://www.zerohedge.com/news/2019-06-28/memo-trump-trade-bolton-tulsi
Morning Maddog
Yes sir, maybe the 10’s are ready for a bounce in rates and it does appear that they want to hold 2%
Almost seems the gold action is tied as much to rates as it is to the USD
SM seems nervous today about the outcome of the G-20 meetings and trade talks, although the SM should be nervous about a lot more than that…JMHO
This sure reminds me of the beat down before FED meetings-gold at. 1410 is $18 off the high
Let’s hope that this is nothing more than FED-day-like shenannigins…and nothing more ominous
That said, I’ll still [ half-heartedly] stick to my call that this is the last. day to load up…I must remind myself that only about 6 weeks ago I. had thrown in the towel and was questioning if gold was even still viable as an asset class….silver is only down 2 cent
BUYGOLD SAID=
I’m getting too optimistic and I know when that happens, it’s time to get crushed.
Ten yr. inching up to 2.02%—[ THAT GOES FOR ME, TOO, BROTHER!]
Free healthcare for all illegal immigrants … when native born people who have been paying taxes all their lives pay through the nose!
Trump slams Dems for backing health care for undocumented immigrants
https://nypost.com/2019/06/27/trump-slams-dems-for-backing-health-care-for-undocumented-immigrants/
Buygold
The 10’s are down 7 weeks running and apart form 1 small up, effectively down 11 weeks….we’re really pushing the envelope on rates, short term a correction is overdue…LT we just go down.
ECO Data
Personal Income 0.5% vs. 0.3% est.
Personal Spending 0.4% vs. 0.5% est.
PCE 0.2% as expected on inflation
Pretty much a dud, but in months past they probably would’ve used these numbers to spank gold just because. Now it doesn’t seem to be so easy…
I’ve got to catch myself, I’m getting too optimistic and I know when that happens, it’s time to get crushed.
Ten yr. inching up to 2.02%
Crimex opens
First shots are fired on the sell side, only a couple bucks but they are pressing the action.
Ten yr. up a smidge to 2.015% USD Flat
DOW up a 100 pre-market. If that holds all day, then we may struggle to stay flat.
At least Silver is up $.03
Looks like London was busy last night
Keeping us corralled before the weekend.
Shares are early believers that we might go higher but I dunno.
At least we’re above $1400!
Nothing to worry. about? Well, if it’s ll the same to you, I’ll keep worrying anyway…but. hope u’re rite.
A Lot Of ‘Nervous Nellies’ In Precious Metals Sector
June 27 (King World News) – James Turk: “There are a lot of ‘nervous Nellies’ in the precious metals market at the moment, Eric. They are concerned that this reaction of the past couple of days may lead to a bigger correction. That may or may not happen. It is this kind of uncertainty about the future that is why bull markets climb a “wall of worry.”
Any wall-of-worry can be tough to deal with. They play at our emotions, which can provoke deep seated concern, which is understandable. No one wants to lose hard-earned money. So instead we need to look at markets objectively, which explains why I rely heavily on charts, like this one. There is nothing really much to worry about when looking at this chart of the London spot market closing gold price.
Nothing To Worry About When It Comes To Gold
Key Points After Gold’s Breakout
Gold broke out of a multi-year base, and it is in an uptrend in price. That’s all we need to know.
Tariffs are our best tool in defanging the monster:
“If the tariffs come into play across the whole gamut of Chinese imports, then the export sector of the Chinese economy will be devastated. Remember that the export sector of the Chinese economy is the only sector of the economy that operates according to market principles and makes money. The rest of the economy is an old Stalinist state-planned nightmare. The Party itself consumes probably $1 trillion a year in wealth just on its salaries, on its resorts, on its vacations, on its foreign junkets, on the rest. So the Party itself is a great hurdle or handicap for the Chinese people that they have to carry a cross, carry through life.
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The second burden the Chinese people have to bear of course is the state-owned sector which loses trillions of dollars a year. All of the state-owned economic enterprises lose money. China Railway, for example, is $750 billion in debt. They built beautiful high-speed rail all over China. Not one of those high-speed rail lines is making money. Not one of them is paying back the money it took to construct the rail line, which was probably two or three times what it should have cost because of corruption — officials on the take at every level of government.”
https://www.zerohedge.com/news/2019-06-27/chinas-rogue-regime
This. is old news-“Forecasts released last week”–but it is being trotted out specifically to stop the gold rally-I know that sounds delusional bit it’s not-that tactic will fail–the horse is out of the barn.
Fed’s Daly Says It’s Too Early to Say Rate Cut Is Needed: Bloomberg TV Interview
“It’s too early from my perspective to know whether we should use the tool at all and what magnitude of the tool we should apply,” Daly told Bloomberg Television, adding that incoming data would drive her view of what the Fed should do at its next meeting in July.
=” from the U.S. central bank show Fed policymakers are about evenly split over whether they should lower interest rates at all this year, let alone as soon as July, when they next meet to set policy.