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Buygold

Posted by goldielocks @ 21:28 on November 3, 2024  

Your mom might be connected to the Kennedy era if a demo but that party no longer exists. Although because they only know what they saw on the news didn’t know Kennedy was regularly cheating on his wife.

Now it comes out Kamala’s VP pick not only went after nanny’s but had a affair overseas with a CCP who angered her and claimed he made her feel like a prostitute. What either saw in that guy I have no idea. I don’t know what it is about the demos and the Chinese Communist party other than the communist part.

Trump’s getting a good team together and glad Musk is getting in and has more say if the neocons  try to use any of his expertise for evil. I hope they pass laws that if any other hack comes in they can’t executive order our country, elections, or economy out of existence.

My daughter just found out that woman that hit her didn’t have insurance.

Buygold, well, Trump’s certainly a lot smarter than Kamala!

Posted by ferrett @ 20:43 on November 3, 2024  

But then, so is my dog. And Trump’s smart enough to bring in Musk etc. Picking independent guys like that, who are not sycophants, is a very smart move.

I’ve been trying to get my head around tariffs in the 21st century. I can see why they worked in a new country, where you had no manufacturing of anything. But the stronger your economy becomes, the less revenue tariffs provide. You’ve already onshored a lot of things with foreign motor plants, steel, aluminium, oil refineries etc. etc. so your tariff revenue as a proportion of GDP and govt. spending (at least before Musk and RFK get stuck in) will be a lot less than in the early 20th century. While I think they’ve a significant part to play, they won’t be the cure-all. The best use for tariffs is to stop dumping, so they’ll be very effective in protecting, say, the electric car industry in the US from the ridiculously cheap vehicles coming out of China (or China via Mexico!). Or below cost steel. Just so long as there are no tariffs on kangaroo products, because you can’t make them yourselves.

ferret, Goldie

Posted by Buygold @ 20:10 on November 3, 2024  

I pretty much agree with you both, although ferret I think Trump is a lot smarter than given credit. I think he was naive in his first term, he’s from a generation when we just didn’t think the government would lie to us or was all bad. They said the Pledge of Allegiance and had the Ten Commandments in classrooms. People treated each other better, most of the country were at least “cultural Christians” in that there were certain rules they all lived by. Men still had a semblance of honor – even some politicians. My mom is a little older than Trump, she can’t see the truth because of her inability to believe that she is manipulated by propaganda – of the left. She grew up with the likes of Walter Cronkite, back when journalists actually reported news, didn’t give us their opinions about it, or repeat verbatim what the government told them.

Trumps idea of going back to tariffs is genius, I didn’t realize that’s what we did all the way up to Eisenhower. Then came Kennedy, and the CIA and military industrial complex became the Globalists arm of the US. Straight downhill from there. Listen to Eisenhower’s departure speech, he warned the country this was happening.

Turns out though, they’ve been lying to us for a lot longer than even the last 70 years or so. The difference is that a lot have awakened to it now, and it’s shocking. our country is a disgrace, and you’re right, the deep state is cornered. God has a plan, we’ll have to wait to find out what it is.

Buygold

Posted by goldielocks @ 19:04 on November 3, 2024  

I need to study all that better and why I decided that’s your job because your watching it. Lol I’m not even sure how they calculate the yields vs rates or if I want to learn at this point with real world things going on. Like getting lab checks on anticoagulants on my daughter home to soon but on medication, a wound showing a mild infection but she had to wait so long for surgery I see they left a small area open for drainage so it doesn’t pocket fluid and bacteria growth and now on antibiotics than can effect other medical at times like anticoagulants which I noticed in the days on my patients was more than a coincidence drive levels up and teaching how to do wound care in a sterile manner and what to use  to her other who has been very good doing the best he can. He even moved the bed down stairs so she isn’t stick upstairs lor stuck on a couch lol She said she feels like Frankenstein was kinda depressed so we’re talking Hawaiian flower tattoos later. Thank goodness their popular now b

Anyway if the rates go up that would make bonds attractive or maybe some sort of laddered bonds if rates expected to keep going up less the Fed plans on balancing it. Pento said Fed is more worried about deflation and the banks failing than inflation and country starving. It seems there’s factors to be aware of this time they go beyond our borders that could complicate things. Nothing has been normal since Biden took office beyond the norm plus the neocons. I like Musk but we’ll have to watch if there is any pull on him by the neocons and his expertise in space work.

I expected the Fed is looking for a excuse to inflate but what happens after the announcement. If rates going up in the face of inflation to propping the dollar up that would be bullish for gold. If dollar is going up in the face of deflation that could happen with a Kamala win and economic collapse with her lunatic policy’s of foreign agents then it wouldn’t be bullish for gold  It depends on the reason. But remember I’m not expert on the subject. I personally don’t consider Harris a US citizen but a foreign puppet hack and some of the others who got in politics using women to appear less threatening and mask the real threats behind the scenes. I mean like me Kamela okay don’t care if you own nothing okay and aren’t happy okay. 👽

 

Buygold, I think it’s the fed out of step

Posted by ferrett @ 18:55 on November 3, 2024  

They can’t affect rates, actual rates. The market is bigger than they are. They can only be followers. Normally they manage to follow from in front, by cutting or raising rates before (or as) the market moves. Everyone down under was expecting a rate cut from the RBA after the fed cut 0.5% but they could see which way the market was going, and they didn’t have an election to contend with, so held rates steady.

And there’s no way the deep state will accept a Trump victory. They will literally be cornered rats. It’s not that Trump is the sharpest tack in the room, but a team including Musk, RFK and Ron P is formidable. Just imagine having people who actually know what they are talking about in government!

So the real fight starts after November 5th. Which in the UK is Bonfire night, where kids burn effigies of Guy Fawkes, who tried to blow up parliament on that date in 1605. In Oz though we have the annual nag race in Melbourne so no-one will be aware of or care about what’s happening anywhere else. There are nevertheless hints of relevance to the election, with Positivity and Trust In Me 101 to 1 outsiders, and Absurde almost the favourite at 8.5 to 1.

Goldie, ferret

Posted by Buygold @ 18:05 on November 3, 2024  

Yeah, I’m not sure what to think about bonds, but I’m not sure they should be selling off with the Fed cutting rates. I think the Fed has a green light to cut .50 again instead of .25 after the disastrous jobs report.

I suspect that’s why we might be seeing pm weakness in front of the Fed meeting, although rising rates and the stronger dollar shouldn’t be helping us either. I remember back in the old Sinclair days, I emailed him about rates and he said if rates are rising quickly it would be bullish for gold.

All that being said, I’d think eventually rising rates will be bearish for the dollar. Usually higher rates are used to prop up a currency. I can’t imagine that rising rates and a strong dollar are what the Fed wants, IF they actually want to boost the economy. OTOH, I’m not sure if the Fed and those that control them, actually want a strong economy, they may try to crash it. Especially if Trump becomes president. There’s been a lot of talk about getting rid of the Fed from the Trump team. Elon Musk has mentioned wanting Ron Paul on his “government reduction team.” I’m sure those in Trump’s inner circle knmow full well that the Fed is a Globalist enterprise and not a friend of the US.

These next few months are going to determine whether the US survives as a country IMHO. There’s no way the people will accept a Harris victory, there’s already reports of cheating and problems in swing states like GA, PA & AZ. He has 5-6 point leads in those states according to reputable pollsters. This is not a razor thin margin election. People know it and won’t accept the shenanigans from the likes of Jamie “ratface” Raskin and the rest of his buddies.

Buygold 4.28 bonds

Posted by ferrett @ 16:25 on November 3, 2024  

Yeah, it is a bit strange, the lack of commentary. Maybe everyone’s focused too much on the election, and good news form the SM and gold. But gold shooting up and bonds falling, yields rising, when the fed is screaming that all is soooo good that we have cut and will cut again is ringing many bells. Just nobody is listening.

Merely confirmation that the fed has no influence. Follow the market, not the fed.

Sheltering from the forces of darkness in the Tent

Posted by eeos @ 8:48 on November 3, 2024  

Hey let’s play with everyone’s clocks again! Eff the ski industry in Colorado for making us do dumb stuff with our clocks for tourist.

status quo…

Posted by treefrog @ 8:41 on November 3, 2024  

Image

Mike Pento

Posted by goldielocks @ 8:13 on November 3, 2024  

Weeks back so starting 11 minutes in that were in a long historic gold bull  market. What he thinks will happen economically if Trump and Harris gets in or interference.

 

Ipso 6:32

Posted by goldielocks @ 7:36 on November 3, 2024  

That’s one stupid guy. Lol

Buygold

Posted by goldielocks @ 7:34 on November 3, 2024  

If rates go higher they might start buying bonds. Maybe they need to sell bonds. Shorter term still higher than longer term. Need to justify lowering interest rates? Like that’s going to help in the face of inflation.

Maybe they just love inflation.

The future?

Posted by ipso facto @ 6:32 on November 3, 2024  

NEW: Police robot dodges a bullet, teargasses a man, and pins him to the ground during a standoff in Texas.

https://x.com/CollinRugg/status/1836898779334619234

Huh

Posted by Buygold @ 4:28 on November 3, 2024  

Browsed the CNN market page and noticed that rates on the 10 yr. closed up at 4.393% at 5 pm EST on Friday. That’s a big jump after the SM close where I think rates were 4.31% or so?

Usually, I’ll check on Bitcoin over the weekend since it trades 24/7.

Pre-market Stock Trading | CNN

Just wondering why no one in the financial news – even ZH – is talking about the bond market. Seems like there’s a problem there. I don’t doubt that “nobody will see it coming.” That’s roughly a full point jump since the Fed cut 1/2%. The Fed meets this week, the pullback in the metals may make sense now. They love to put pressure on pm’s the week before a meeting. Seems they almost have to cut another 1/2%, but what if rates continue to move higher?

Gold Train

Posted by Maya @ 3:26 on November 3, 2024  

Across fields of Gold
https://railpictures.net/photo/852508/

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.