Loading ...Ya know? On Friday I was up 25%, and I wanted to sell it, but I forgot until it was after the close. And Monday it was down 25% so I sold it. I’ll stick with the miners.
Well shux
Looks like the SM Guys are going to BTFD! No doubt a buyer has been found for SVB keeping the hope alive that there is no contagion.
They’ve got pm’s under control, silver was the tell as is usually the case.
Regardless, gotta be grateful for whatever gains they’ll give us until things break loose.
So u bank with a bank, that doesn’t bother to replace its CRO for 9 months
, whose London CRO spends all day boasting about how queer she is and attending queer workshops and when it goes bust…the Fed steps in and bails everyone out…….
Well, good Sunday evening!
Up nicely out of the gates as the USD is getting spanked, down 1/2%.
I imagine bonds will rally pretty hard tomorrow. Should provide some nice tailwinds. SM futures are flat – a little surprising.
Should be a wild night.
Tropical Snow
This is what Mauna Kea looks like from south of Hilo. The mountain (13,700ft) is about 30 miles distant here. Nothing like a snow-cap overlooking a tropical paradise!
That’s close enough to winter for me. Summit area has 12ft snow drifts!
And speaking of winter…
The Big Island of Hawaii has some great snow caps on the summits of Mauna Kea (upper) and Mauna Loa (lower). Mauna Kea had 12ft drifts at the summit.
EV in Winter?
From an anonymous Wisconsin State Trooper
I’m not a fan of all electric vehicles. Too many variables affecting battery consumption. Definitely not suited for cold climates. The following experience just cements my distaste for EV’s, especially Teslas.
I get sent to a motorist assist the other day, at the start of our snowstorm. Tesla on the side of the interstate, dead battery. So, I arrive on scene and the occupants have the right-front door open. They tell me that they can’t open any other doors, because the battery is dead. Sure enough. Can’t open the doors from inside or outside. The driver also can’t get her license out of the glove box where she put it during their trip. Because the glovebox opens electronically… and the battery is dead. You actually have to use the computer in the center of the dash to open the glovebox.
They said they had 10% battery left, should’ve been plenty to get from that location to the charging station nearby. Then all of a sudden, the whole car shut off and they coasted to the shoulder.
So now I have to find them a tow. No one wants to tow EV’s. Finally found one company to do it. 8-mile trip to the charging station in Tomah. $1,000! Normal vehicle on the flatbed would’ve been $150.
So now we’re at the Tesla superchargers. Guess what. Can’t open the f’n charging port because the battery is dead!!! The ports open, you guessed it, electronically!!! 🤦🏼♂️🤬. And we also can’t open the doors now (had to close the one open door when it was loaded onto the wrecker). The owner’s manual is in the on-board computer, but the battery is dead.
I got the occupants to a store where they’d be warm while calling the rental company to figure out how to charge this POS, so I’m not sure of the outcome. I had to leave for a crash report.
EV’s may be the way, someday, but certainly not today!! I’ll stick with my dinosaur burner.
So much going on these days
Watching Tucker Carlson on FOX who absolutely trashed the corruption of the J6 Committee and imprisonment of the so-called rioters. Now that new video evidence shows the Capitol Police acting as guides for these so-called rioters and there was zero violence.
Anyhoo, he did a segment on SVB with Stephanie Pomboy. They said what I said yesterday, this SVB failure is just getting started; surely there’s a lot more damage underneath the surface yet to be discovered.
Could be an interesting Sunday evening if this thing is contagious.
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