nice way to end the week
I approve. but still who sells so much 2 weeks ago and then someone comes in and power buys a Friday? Strange
Inflation –and fixed income is a retired persons demise unless he’s got Gold
I just had my biggest one day gain ……
If you in debt ,interest rate will do you in…. A one percent rise from 1 to two ,doubles your debt burden .
It was easy coming down from 10 % to 9 % ..only about a ten percent drop ..On the way up its going to be hell ..
Credit card debt cannot be handled even with a 1 percent rise .The fed is dammed if they raise rates to those with debt,and cause a recession and they are dammed if they dont stop inflation with a rate rise. Biden is such a loser ..the people are turning against him big time ..democrats run from him ,he’s TOXIC. Its too late to undo what he’s done .the poor people will just have to grin and bear it.. they elected him,they won the election and lost their souls.
Repudiation
Democratic Senator Joe Manchin launches bipartisan bill to stop taxpayer funds being used on ‘crack’ pipes and two Republican Reps. introduce the ‘HUNTER’ Act to ban federal spending on needles and drug paraphernalia
Super Bowl Weekend
LA+3
Super Bowl Weekend
Gold 1860.00
Oil 94 a barrel.
Buygold 13:46
I think it was news on inflation. If they can’t get a handle on it despite raising rates it will fly Im guessing. That’s is if they even do raise rates. The current swamp in control is totally incompetent and creating a disaster on anything touch.
If they could reach the sun we’d all be in trouble.
Wuff Wuff re tax dollars being pissed away.
Don’t forget they have been pissing away a lot of counterfeit money too, maybe more than the tax receipts. $30 trillion national debt IOUs in borrowed money they spent. $30 trillion in gov’t expenses was supposed to be paid by taxpayers. But the gov’t didn’t have to balls to do that.
Mr.Copper
That’s right 🙂 ….and in truth a half decent day, when a demented simpleton in charge of Lord knows how many nukes, is threatening the 2nd largest owner, is almost sad….we shud be up $ 2500 and going. !!!!
Maddog, I forgot. Yer Right, We are disgusted under $2500 Gold
Maybe we finally got a “spark”. And this news about all Americans should leave Ukraine? It sounds like Americans have invested over there like they did in South Vietnam. Then the natives make a stink. South Korea another place like that.
Mr.Copper
SSSSHHHHHH!!!!!
I’m really pissed and gonna stay v miserable…lousy ‘effing mkts!!!
Maddog
How often are governments smart?
Speaking of smart … at least your gov isn’t giving away free crack pipes to addicts and would be addicts.
although this scheme is still in sync with the larger meme … do all they can to ruin our country!
Just how dumb is a Tesla owner.
Shocked Tesla Owners Discover Supercharger Station Robbed Of Its Charging Cables
https://www.zerohedge.com/commodities/thieves-steal-tesla-supercharger-station-cables-sell-scrap
ipso facto
My wife knows an old Army General, who is 95….he says he cannot work out what is going on over Ukraine and we should not be getting involved anyway…especially with the state of our joke armed forces.
Maddog – so right
The 10 yr. has come back to flat and the USD just spiked.
and pm’s aren’t the least bit phased.
If this is the beginning as you say. Volatility will be extreme with a lot of tree shaking like we had in the early 2000’s
HUI just busted 260 with authority
Gold on its way to $1850 today?
Oil up $3
and now BTW gold has breached $1850 but quickly halted
Maddog, Goldie – works for me
Scum does that alot, on days it should be up it isn’t.
I’m a little surprised at the strength we’re seeing today.
Am curious to see the COT Report.
Goldie -yes, I did mention that Mondays have been good days for pm’ s in the last few weeks. Never know. I’m just surprised how well the shares are doing with the SM down again.
Maddog
Why can’t we just leave Russia alone? I think it’s China which presents the biggest threat. But of course china is the one lining the politicos pockets … can’t be biting that hand!