Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...He was interestingly picked by do nothing Barr. He wanted to lock up the Trump supporters indefinitely for “ meandering “ in a open door building. He thinks they stopped coming because of him not because they had jobs to go back to and weren’t planing on pitching tents like the left but supporting their president , although that day may come at this point. He wants to make a example out of those Trump supporters.
I can multiply what it is but what I missed is the yearly interest.
This low interest rate not not only inflated housing prices but deflated the interest of savers. You won’t get that interest now. It’s all messed up in a I got mine you get yours mentality.
We should raise the interest rates again for the first generations and retirees
plus if people like Gates, Bezos, Coke and Delta backing moving the game to Colorado others who want to play politics are sincere let them pay taxes. Let Biden honor his promise not to hurt small business and not raise taxes on those making 400k or less and raise up all the multi nationals and the interest rate back when things were better. When housing and cost of living matched wages back in the 60s.
A nurse friend in Colorado says they’re happy about it, it’s going to bring them millions. She wasn’t paying attention so she asked me why that happened.
Just google, “$200000 plus 6% per year is”
I did it again here, $200,000 at 6% for 20 years (not 34 years) and it comes out $641,247. Make believe the inflation rate is 6%. So 200k house needs to triple to stay even 20 years later. Geez at one time a loaf of bread was a dime, 10 loaves per dollar, now a dollar is 4 slices.
A lot of things we buy today are 10-15- and 20 times more from the late 1960s prices. I remember long ago thinking, a typical 5% mortgage on a $40,000 house is NOTHING compared to 6% mortgage on a $400,000 house. Maybe that why the house loans are so low.
Those numbers he posted don’t add up or am I missing something.
200000 at 6 percent for 34 years don’t add up as he said.
https://cftc.gov/dea/futures/deacmxlf.htm
Could have been a much worse day although the metals seem to mirror the COT’s
Edit – despite the lousy day in the metals, and the not so great COT’s, my account that is all pm shares finished up $19 – LOL
In 1987, 34 years ago, I was offered a water front house for $200k, but if you invested $200k in a bond or bank CD for 34 years at 6%/yr equals $1,450,000 today. Highest prices in the same neighborhood today, are $800-$850K, so they didn’t really go up in value. And you have to see what PERFECT condition they are in. Plus deduct interest taxes and maintained.
They really spent tons of money detailing these places to ask or get top dollar. Some people with lots of unreported untaxed cash, pay contractors in cash, then when they sell, the $400k house, for $800k that $400,000 of cash gets laundered with an $800k check from a bank.
Everything is a trick, optical illusion. Unless you do your homework. Real estate, a house, like a car, is a consumer product, unless you have many apartments to rent out and positive money flow.
Save handy link:
https://www.dollartimes.com/savings/200
You betcha! That Remy guy is pretty funny.
I think that one you posted was the only rap song I ever liked. 
OMG !! thanks for posting that – Loved it!
Newsom, Lightfoot, Pelosi; Cuomo Bros, Kerry, Biden, Levine, Adler, Hancock, Sheila Kuehl, Brad Little, Matt Meyer, DeBlasio…… the list goes on and on.
“Rules for Thee, but not for Me”
here’s another by the same guy – my new hero!
…$25 silver is now support instead of resistance.
10 yr rates and the USD drifting back down.
The Fed better keep those rates down to support Biden’s destruction of the country.
Well the mirage of pm’s getting hit on high inflation doesn’t seem to be lost on the shares, at least they are outperforming for a change. Usually they are the most depressing part of the day with pm’s.
Just hoping that they have bottomed and the scum is using the pullback to cover their shorts before the next big leg up.
$3k gold puts me into retirement. ?
The Hui/Au spread is breaking higher.
4.2 % official inflation…means u can double at a min….PM’s are bargain basement. tks to the scum.
Artemis Gold Executes Credit Approved Term Sheet and Mandate for $360 Million Project Debt Financing to Develop Blackwater
https://finance.yahoo.com/news/artemis-gold-executes-credit-approved-110000597.html
Discovery Metals Announces Name Change to Discovery Silver
The PPI number is why PM’s have been hit…..it’s all the perception…….but it is all lies as well….
Dunno about the States, but people over here are getting seriously pissed off with the never ending Covid restrictions…..seems that after loadsb got vaccinated, and then the government said u have to have a Covid passport to go anywhere/do anything,, that is the straw that has broken etc.
lots of diehard government supporters want to lynch them now….
Surprising given the beating in the metals.
why is anyone surprised, the entire ‘official’ world has become one massive lie.
Labrador Gold Announces the Start of Its 10,000 Metre Drill Program at Kingsway Project
https://finance.yahoo.com/news/labrador-gold-announces-start-10-120000960.html
Nighthawk Closes $10.95 Million Bought Deal Financing
https://finance.yahoo.com/news/nighthawk-closes-10-95-million-122500817.html
Antioquia Gold Cisneros Operations Update
https://finance.yahoo.com/news/antioquia-gold-cisneros-operations-160600748.html
Eric Sprott Announces Investment in New Found Gold Corp.
https://finance.yahoo.com/news/eric-sprott-announces-investment-found-202100720.html
Magna Gold Reports Year End 2020 Results
https://finance.yahoo.com/news/magna-gold-reports-end-2020-090000043.html
Ascot Resources Ltd. Announces Closing of C$61,000,000 Bought Deal Financing
https://finance.yahoo.com/news/ascot-resources-ltd-announces-closing-123400949.html
Kirkland Lake Gold Reports Solid Production in First Quarter 2021
https://ceo.ca/@nasdaq/kirkland-lake-gold-reports-solid-production-in-first
“In the event that I am reincarnated, I would like to return as a deadly virus, to contribute something to solving overpopulation,” The Telegraph quoted Philip saying at the time.
10 Yr. up 5 bps, so USD has to go up with it.
Looks like they’ll take all the gains from yesterday, probably plus some.
$1750 is toast, we’ll be lucky to hold $1740
scum want AG sub $ 25, as well….so dollar getting bid.
…just announced a purchase of a massive 63 tonnes of Good Delivery gold bars, and in doing so tripled the nation’s gold holdings from 31.5 tonnes to 94.5 tonnes.
