that was an excellent video.
That’s the kind of parent we need to stand up to these Marxist school boards.
that was an excellent video.
That’s the kind of parent we need to stand up to these Marxist school boards.
It’s crazy here in Idaho too. My house sold in 8 hours for $50K over the asking price.
We put in a bid for another smaller place at $21K over asking and that didn’t get it done. Absolute craziness.
I’m renting for a year to see if things calm down or pm’s go to the moon. Unfortunately I’ve been waiting for 20 years for gold to go to the moon so I might be renting for awhile. đ
TWO houses in my neighborhood just went up for sale and SOLD in TWO DAYS ! This was a 400,000 neighborhood,now its a $600.00 in one year .
My son in San DIEGO owns a house selling for $600.00 a year ago and NOW appraised at $800,000 .
The problem is after you sell,where do you go ? RENTERS are going to get killed because big private companies are buying them and RENTING them OUT.
YES as that German guy said ..in ten years you wont own anything ,you be renting and happy to get that…I think if you qualifly for a Reverse mortgage,you can take take $400,000 house take out 65% in cash ,tax free and inflation will give you your equity back in one year.You still own the house and live there rent free while your equity builds itself.  ! SUCH a DEAL !
This documentary is very timely and exposes the crimes that “Modern Medicine” has committed over the past 100+ years to hide other and much better cures from being allowed or even known. It also should open your eyes to be able to see the parallel that is now taking place world wide to use fear, coercion, and intimidation so people will take this new and totally untried and untested experimental mRNA “vaccine”. My hope is that by seeing the lies of the past it will open your eyes to the lies being pushed right now in this possible vaccine depopulation event.
Given rising interest rates, a case could be made that the price of gold should be much lower. But gold has held its own against stocks and fixed income alternatives (not to mention Bitcoin and other high-flying speculations that compete with gold for investor dollars).
If inflation does not appear and rates retreat, gold will rally. If inflation does appear, rates may rise but gold will also rally on inflation fears.
We have been stuck in a rut where inflation expectations are driving rates higher but no sustained inflation has appeared. Thatâs a tough environment for gold. Still, gold has held its own.
Technically, this is what we call an asymmetric trade.
Downside is limited because of residual inflation fears, but upside is huge because gold prices have been moving inversely to interest rates and a plunge in rates is likely to occur.
You can call it, âHeads I win, tails I donât lose.â When it comes to investing, thatâs as good as it gets.
https://www.zerohedge.com/commodities/gold-heads-you-win-tails-you-dont-lose
Totally agree with this statement:
However, and this is the key point, the Fed cannot allow yields to continue to rise as inflation soars because of the parabolic increase in government debt. The increase in interest costs would overwhelm government finances signaling insolvency. They MUST cap yields once the inflation genie is out of the bottle.
Lumber Versus Gold: Predicting A Crash
I also like what he wrote here at the end – pretty honest:
Whenever you read investment commentary, it’s useful to ask what the writer is selling. In Gayed’s case, he runs a tactical asset rotation fund. In our case, we developed the hedged portfolio method and have a hedging app, so it’s in our interest to pass along crash predictions. Nevertheless, we have to acknowledge a problem with crash predictions: they dramatically outnumber actual crashes. So we’re not convinced Gayed’s prediction here will come to pass. But it might not hurt to add some downside protection just in case he ends up being right. That’s particularly true given that it’s relatively inexpensive to hedge market risk now.
June 7 â CNBC (Jeff Cox): âInflation may look like a problem that will go away, but is more likely to persist and lead to a crisis in the years ahead, according to a warning from Deutsche Bank economists. In a forecast that is well outside the consensus from policymakers and Wall Street, Deutsche issued a dire warning that focusing on stimulus while dismissing inflation fears will prove to be a mistake if not in the near term then in 2023 and beyond. The analysis especially points the finger at the Federal Reserve and its new framework in which it will tolerate higher inflation for the sake of a full and inclusive recovery. The firm contends that the Fedâs intention not to tighten policy until inflation shows a sustained rise will have dire impacts.â
Gripping a snowy ledge
https://railpictures.net/photo/763655/
A Virginia mom who endured Mao Zedongâs Cultural Revolution before immigrating to the U.S. ripped a Virginia school board at a public meeting Tuesday over its stubborn support of the controversial critical race theory.
“Iâve been very alarmed by whatâs going on in our schools,” Xi Van Fleet told the Loudoun County School Board members. “You are now teaching, training our children to be social justice warriors and to loathe our country and our history.”
She likened CRT, which critics deride as a form of “neo-racism,” to Chinaâs Cultural Revolution, a Mao-led purge that left between 500,000 and 20 million people dead from 1966 to 1976. The estimates vary greatly and many details have been shrouded in secrecy for decades.
Van Fleet, whose son graduated from Loudoun High School in 2015, shared some of her experience growing up in Chinaâs Sichuan province with Fox News exclusively Wednesday evening.
The Cultural Revolution began when she was 6 years old, she said, and immediately pitted students and teachers and against one another by hanging “Big Posters” in hallways and the cafeteria where students could write criticisms against anyone deemed ideologically impure.
“One of the teachers was considered bourgeoisie because she liked to wear pretty clothes,” Van Fleet said. “So the students attacked her and spit on her. She was covered with spit⌠and pretty soon it became violence.”
Communist squads would raid homes and destroy any relics of Chinaâs past culture, history, governments or religion, she said.
“Everything that was considered âold,â feudalist, a vase, Buddhas, everything was taken out and smashed,” she said.
There were thought crimes, too.
“We were asked to report if we hear anything about someone saying anything showing that there’s a lack of complete loyalty to Mao,” she said. “There were people reporting their parents, and their parents ended up in jail.”
At 26 years old, she said, she finally made it out, traveling to the U.S. â where she immediately found freedoms she had never been able to enjoy before.
“I felt like itâs such a free country, meaning I have free access to all sorts of information â books on both sides of the issues,” she said.
In the current political and cultural climate in the U.S., however, she said she felt some of that freedom eroding.
“I canât really just say what I mean, even though the other side can say whatever,” she said. “To me, and to a lot of Chinese, it is heartbreaking that we escaped communism and now we experience communism here.”
In her speech to the school board, which officials made her shorten to fit the one-minute limit, she drew direct parallels between what she saw back then in China and what she sees in the United States today.
“The Communist regime used the same critical theory to divide people,” she said. “The only difference is they used class instead of race.”
She said she witnessed students and teachers “turn against each other” during the pogrom and saw schools change their names “to be politically correct.”
“We were taught to denounce our heritage, and Red Guards destroyed anything that is not communistâŚstatues, books and anything else,” she continued. “We were also encouraged to report on each other, just like the Student Equity Ambassador program and the bias reporting system.”
“This is indeed the American version of the Chinese Cultural Revolution,” she said. “The critical race theory has its roots in cultural Marxism. It should have no place in our school.”
Her speech came 246 years after fellow Virginian Patrick Henry declared “Give me liberty or give me death” during the Second Virginia Convention in Richmond, 125 miles to the south of Loudoun.
“I just want Americans to know that their privilege is to be here living in America, that is just the biggest privilege,” Van Fleet said over the phone Wednesday. “I do not think a lot of people understand. They are thinking they are doing the right thing, âbe against racismâ sounds really good. But they are basically breaking the system that is against racism.”
The Loudoun County school board has doubled down on its embrace of left-wing policies, including CRT, in recent months.
Illustrating Van Fleetâs point, a group of Loudoun County parents and teachers were accused of “racketeering” and intimidating conservative parents who raised questions about the radical proposals. Members of the “Anti-Racist Parents of Loudoun County” allegedly compiled a list of outspoken conservatives in their community in order to track, hack and “doxx” them â or even scare them into self-censorship, according to David Gordon, director of the Virginia Project, a Republican PAC.
Earlier this week, a judge ordered the district to reinstate suspended elementary school phys ed teacher Byron “Tanner” Cross after he was punished for speaking his mind during the public comment portion of a hearing on new transgender policies last month.
Cross declared that he wouldn’t “affirm that a biological boy can be a girl and vice versa because it’s against my religion. It’s lying to a child, it’s abuse to a child, and it’s sinning against our God.”
He was speaking out against a district policy proposal that would require teachers and other school staff to address “gender-expansive or transgender students” with their preferred name, pronouns and gender.
Ian Prior, the father of two students attending Loudoun schools, said Van Fleetâs remarks to the school board “should serve as a stark warning” Wednesday.
“I think for a while now, school systems have really put this stuff in the schools right under our very noses, and we just werenât aware,” he said. “When your kids go to school and you let them go through those doors, youâre trusting the school system to do the job that theyâreâ supposed to doâŚAnd it took a pandemic and all the information that parents could see with this distance learning to understand exactly what was going on.”
Thank you !
U.S. says diplomatic presence in Kabul requires ‘functioning, secure airport’
The United States believes keeping an international diplomatic presence in Kabul requires a “functioning, secure” airport, a State Department spokesperson said on Friday, suggesting that embassies could be forced to close without one.
The statement came a day after a Taliban spokesman effectively rejected Turkey’s proposal that its troops remain to guard and run the Hamid Karzai International Airport after the departure of the rest of the U.S.-led foreign force.
Still looks like volume is declining.
Surprising me. Course, anything that surprises me shouldn’t be a surprise to anyone else…. đ
There is no doubt inflation is rampant and debt levels are beyond comprehensible …which means the Fed is completely ‘effed…..yet the scum closed the mkts as if there wasn’t a care in the world….the SM in the case of the S&P closed at a new record weekly hi…..
Yes they will crash the stock market to keep silver (and hence gold) under control (under $28).
If PMs keep going up so will interest rates and then their free money goes away.
No bribes and payoffs for the politicians and bureaucrats if that happens so it’s to be avoided at all costs by the psychos in charge.
Cheers
Does the PCR Test Affect the Pineal Gland? Humans and “Transhumans”. Dr. Astrid Stuckelberger
Commodities prices have been suppressed until after 2004 they lost control.
it has not closed up once in those 11 bars……with no real news….only the scum would do that.
“that the weighting to sectors which are the best inflation hedges (commodities) is the lowest in about 100 years.”
Maybe because the Fed knows throughout history every inflation ends in a deflation. And they are trying to avoid a deflation. So they are thinking? “Tell the public don’t worry, the inflation will be temporary” then unneeded over production with higher prices and less consumption, because of higher prices, the prices will crash.
Remember Oil??? $145/bbl with a 72 dollar led to oil crashing to $28. When this artificial man made global economy crashes, because of floating value fake currencies, Gold will be the bottom denominator.
You hit the nail on the head when you said itâs all about getting silver under $28/oz. Itâs so blatantly obvious. But no one in the financial media will mention anything about it. Why? Because itâs all about PERCEPTIONâŚ..If G&S were allowed to trade freely, the inflation genie would be out of the bottle.
At least we havenât been getting the 50-60 dollar snack downs anymore.
Who knows when/if the PTB will lose their complete control of their manipulations.
6-11âBy Chris Macintosh
As far as markets go, the âironyâ of the prevailing belief that any inflation will be temporary is that the weighting to sectors which are the best inflation hedges (commodities) is the lowest in about 100 years. In other words, we are at the point in history in which investors are the least prepared for inflation.
?   THE NEXT LEG UP IN GOLD
These days, the average investor is too enamored chasing the next Dogecoin, hot SPAC deal, or hype-up growth stock to even bother paying attention to gold, even though the shiny metal is hovering near all-time highs. But, as Resource Insiderâs Jamie Keech explains in his new article, the price of gold is destined to soar even higher, thanks to two powerful tailwinds:
âToday, at $1,900/oz Au, weâre still in the nascent stages of a buyerâs market, though few have woken up to this fact.
You donât need a Ph.D. in economics to understand whatâs driving this trade. You just need to understand two simple concepts:Â
- Real Rates; and
- The U.S. Fiscal Deficit.â
I just put it on my watch list. 167k was yesterday’s volume. Today’s volume on Schwab, is 3,100 shares. $540 dollar volume.
Bid ask? 57,000 shares want to be bought at .149, and only 1,500 wanting to be sold at .20 cents. Big spread. Â It looks like only 1 trade today, somebody bought 3100 shares at the market 500 went for .1799, 2500 at .1729, and 100 at .1834 cents.
If somebody tries to invest $5,000 in that stock, only God knows what it would cost the guy. For only $6.8 million you can buy all the outstanding shares.