Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...“Boston Mayor Backs Removal of Lincoln Statue”
Errr isn’t Lincoln the guy who freed the slaves? Is this because he’s a white male?
Boston Mayor Marty Walsh (D) has come out in favor of removing a statue of Abraham Lincoln that has stood in the city for more than a century — but is opposed to renaming Faneuil Hall, which is named for a slave owner and is on the site of a slave market.
When the FED buys the Bonds the CASH has to go somewhere ,Stocks are too risky,CASH is gonna be devalued ..lose purchase ing power …. GOLD is the answer ….
A CNN crew was attacked outside the Atlanta, Georgia, Wendy’s where 27-year-old Rayshard Brooks was killed in a confrontation with police on Friday evening, as rioters began attacking and setting fire to the restaurant Saturday night.
Atlanta Mayor Keisha Lance Bottoms had already announced that police Chief Erika Shields was resigning over the incident, in which Brooks allegedly resisted arrest, seized an officer’s taser, and ran away before being shot three times.
Nevertheless, unrest broke out in the city, with a large group blocking Interstate 75 and another group setting fire to the Wendy’s. CNN was to film what it called “protests” as masked individuals attacked the Wendy’s, trying to destroy it.
CNN’s Natasha Chen later recounted to Wolf Blitzer: “There were protesters very angry that we were recording this, and tried to block our cameras … and at that point they got aggressive, and our CNN camera was broken.” Chen added that the “protesters” had also tried to stop her from filming with her personal cell phone. She and her crew left the area.
The spread between the bid and ask is huge. I just got a quote for a 2004 monster box of $15,255. The price to sell back to them is $10,285. How can you say buy physical. The spread for slv is minimal. The only way you can make money is for the system to collapse.
Yeah you’d think the PM shares would be doing better. I don’t know the answer to that. “out of fashion?”
Pretty good day for “used to be piece of crap” Silver Grail.
Elite French Police Deployed as Armed Chechens and North Africans Go to War in Dijon
Last hour bullshit.
Cause it just never ends….
NO wonder its so wide spread ..blacks are being used by the FEDERAL RESERVE as an excuse to Nationalize.
SOROS said they were easy to manipulate !
They have always sold themselves out for phony security,now they sold everybody out.! BEN FRANKLYN ALWAYS SAID “anyone selling freedom for security ..deserves neither ” WAS he ever right !
buy bonds from microsoft …whats that all about…like microsoft needs liquidty ? or does the fed think its Nationalizing the Giants with plenty of cash ?
It looks like a grab for private assets ….the time may have come for the FED to national Socialize one world gubberment…The federal Reserve is not part of the US Constitutional Government…..Who gave the “Feral” Reserve that authority..?
“Fed Distorting Markets And Nationalizing Private Assets
So with the Fed now distorting private markets and nationalizing private assets what individual bonds will the Fed be buying? Well, looking at the holdings of LQD, which they are buying outright, the Fed will be buying Microsoft bonds and I’m sure they will buy some bonds from Apple and Amazon. Maybe Jay Powell will talk about this today during his Congressional visit about how he thinks this is necessary that he is now a FANG+M bond buyer. Here are some other company bonds in LQD, Anheuser Busch, Goldman Sachs, CVS, Wells Fargo, Bank America, Verizon, Visa, Comcast and even Berkshire Hathaway…”
I’m 60% in pm shares in my retirement. 15% in my trading.
I haven’t touched the phyzz except to add in years.
Hope you’re right about the long term bull, we should be, but I don’t understand the action in the shares or silver right now. Both should be higher. God forbid HUI breaks 235-250.
20 Indian soldiers killed in clash with Chinese troops in border area, army says
At least 20 Indian Army soldiers have died in clashes with the Chinese forces over Galwan Valley, a disputed region north of Kashmir claimed by both Beijing and New Delhi. Beijing has not confirmed any reports of its casualties.
The Indian Army initially confirmed the death of one officer and two soldiers, but issued an official statement on Tuesday evening adding that the seventeen soldiers who had been critically injured were “exposed to sub-zero temperatures in the high altitude terrain” and succumbed to their wounds.
https://www.rt.com/news/492047-twenty-indian-soldiers-killed-china/
I don’t know if we still have more downside but I sure wouldn’t feel right being entirely out. I imagine you still are partly in. My thoughts are that gold and silver and the miners are in a bull market with a long way to go. Of course there are going to be hiccups on the way.
Of course I could be entirely wrong and we could fall for years more … but I don’t think so … 🙂
I hope we are not in a full blown Weimar situation but once these sort of policies are undertaken they are the devil to change.
I’d love to go back in but how can you trust it?
The PM shares will likely get smashed!
The PM shares will likely get smashed!
In this one he explains why you are having such a difficult time beating the markets. Worth your time IMO!
They can’t get inflation with no money velocity. They can’t get consumption (70% of GDP) with an economy that was shut down for 3 months, and now threatening another 3 or 4 months. You can’t get inflation when debt demands repayment plus interest and all their “money” is a debt currency. Worse, you see destruction of inflation possibility when debt is defaulted. So what is their answer? Use fake money to buy everything and announce a weekend party at Bernie’s… that is the dead Bernie… because it is a zombie system and smelling like death has entered the room.
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I’m grokking on that! They had a nasty little war some years back. Fighting between nuclear neighbors … where will it lead?
