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Posted by goldielocks
@ 20:47 on September 18, 2024
Maybe mother nature is having about enough of these humans. I guess when that wanna be assassin was in Hawaii he was scamming people out of money. Someone donated money to him to build small homes for the homeless and he never followed through and wouldn’t return the money. Gotta hand it to whomever put him up to the attempted assassination. Be BlackRock, C-IA, they can find use for even the most useless.
I had a minute last night to learn something about volcano fissures which I know little about. How they’re formed when previous eruptions weaken the ground around the volcano which makes some sense and can be similar to human wounds that speaking of which. A friend is going to send me a very good and big microbiology book her late husband had of many with nites written all over it and articles attacked to it she was going to throw away. All the notes and articles even better in my view to keep because things keep changing. I just kinda put the stock market on hold with hedges going either way so it just stays put.
Posted by goldielocks
@ 19:49 on September 18, 2024
Here’s a young Russian, his wife just had a baby and have a preschooler.
He started making a living posting on social media about living in Russia and learning English. Not allowed to talk about anything political of course.
All of a sudden he finds Russian YouTubers are now stopped. He went to Turkey to let his followers and people who watch it occasionally know.
You can see he’s very upset a wife two kids and his income just got cut off.. I could be wrong but have this feeling that Putin is holding back to see where these elections go. That they’re starting to prepare for war now if Kamala wins by some mishap. I remember once something about a Russian sub right off the coast they didn’t even know about.
Posted by goldielocks
@ 17:14 on September 18, 2024
This was buy the 50 point rumor sell the news. The market is so impatient.
They made their choice, Instead of bringing cost down they fear deflation and choose inflation when it’s inflation that’s costing a lot of the jobs and on top of the demos inflationary brain dead policy’s.
Posted by Captain Hook
@ 16:21 on September 18, 2024
Right … this might last a little while but not expecting to see more than $300ish come off gold worst case scenario. And who knows da boys might decide to start monetizing things again if stocks and bonds decide to sell off before the election – not that they aren’t doing that now via the working group(s).
Clinton brought most of the US debt into 5 yrs or less paper, that way he paid out less to begin with on debt servicing, which helped him boast about having a budget surplus……
But now when u get rising rates and not having much debt beyond 5 yrs, means u have to auction far more often and of course pay more if u want to go longer …..
Roger that, re your part “plus they would have to pay huge taxes, just so the Government could pay interest on it’s debt and tks to Clinton”
Clinton was 1983 to 1992. If I remember right, business in the USA was good and wages were high around 1969 and we had a budget surplus. Naturally after that 1970 peak in prosperity the national debt turned into a deficit as we started importing, farming out our jobs. Killed many business taxes and wage taxes less taxes coming in.
Dollar has come racing back, but the shares haven’t tanked completely.
Powell must’ve tried to downplay the cut, but he can’t do that without taking the SM down, and he did. This is all program selling and they’ve waterfalled silver, but the shares don’t look horrible.
We might have to wait until tomorrow, but the rally will continue. They do this at 90% of the Fed meetings, so no real surprise that they’d try to wreck the charts. Too bad we have to put up with this stuff, but we’ll just come back tomorrow and Friday, if not by the close.
Re yr people can’t afford 18 %…….plus they would have to pay huge taxes, just so the Government could pay interest on it’s debt and tks to Clinton…..most debt is short term…like 5 yrs and less…so they have to keep coming to the mkt to rollover maturing debt……
As u say the numbers just can’t be made to work…..default is the only answer… !!!!
Meanwhile everyone will party for a few months as rates ease.
Back in the 1970s, before massive imports, people could afford 18% on a $40,000 house. Also three year $3,000 for new car loans were affordable. Houses these days are $600,000, and cars are $50,000, explaining the 6 year 10% car loans common these days. The Fed would NEVER be able to raise rates to 20% with everything so much more, and general wages not keeping up with inflation.
Houses in my area stayed flat from 1968 until 1982. The same with the Dow went nowhere flat 1968 to 1982. The Dines letter sent me a mailgram in June 1982 to buy the Dow at 796. From ’68 to ’82 every time it got above 1000, Dines called it “The Graveyard in the sky, above 100.
So, looks like with a .50 cut everyone’s happy and we carry on. If they only do .25, then everything crashes, the dollar soars, and the pm rally probably stalls for a while, or until WWWIII starts.
ZH has an article saying that all the traders are positioned for .50. I’m sure the Fed knows this, so will BlackRock tell them to pull the plug on all those traders, or will there be peace and harmony in the markets before the election?
Dollar is down a little to start, Bitcoin too. PM’s are flat. Oil down almost 1%. Bonds selling off, rates up almost 5 bips. SM up a little.
How ridiculous is it that everyone has to watch a group of unelected elites fiddle with rates to determine whether they win or lose? While no doubt the biggest players already know the outcome and are positioned accordingly. We live in a video simulation where nothing is real.
Thank God this life is temporal, and I am nothing more than vapor here in this gulag.
Ferret- that’s interesting about your friends, I am Christian (God will let me know how strong 😉). They would be in a very small minority of Christians that would vote for Harris. Maybe 1 in 10 I’d guess. I don’t see how any Christian could vote Democrat based on their policy. Abortion is the biggest problem, but also the LGBTQ and gender mutilation with children, and quite simply there aversion to God but mostly Christianity being anywhere in society. All their positions are basically anti-Christ. Remember during Covid churches were shutdown, liquor stores were allowed to be open. I’m glad a light went on with your friend. I don’t understand how he doesn’t see.
Captain – if there’s an election, Trump will win, outside of Venezuelan type fraud where the Democrats just outright declare themselves victorious. Yes, there are some women that are single issue voters, but it’s not a majority. In real polling, I would encourage you to watch YouTube analysis that includes Atlas, which is the most accurate worldwide. Trump’s margins are high in every swing state and he’s even tied in Minnesota, If the election were held today, he would get around 325 electoral votes. He’s actually slightly ahead with women. His numbers with minorities are better than any Republican in history. True, there are many who have been blinded, but many more who see what’s happening in the country.
I think it’s more likely they just leave him an economic mess and WWIII, or they create a false flag and try to cancel elections and declare martial law.
Unfortunately, whatever is coming, is not good. We are dealing with pure evil and the prince of the air.