Sunday, May 17, 2020

ITS RAININ' MONEY

Don't worry. We've got your back. You can't work, NO PROBLEM! Its easy. We just give you a check. Its not a problem that 40% of people making under 40K are now out of work. We can get through this just by printing more money and stuffing it into their pockets. You made 90K a year? Again, NO problem we'll cover you too.  You made millions a year? NO problem. You've got bills to pay too.

Trump Weighs Banning All Travel From Brazil As COVID Cases Explode: Live Updates.....lol....that's how "herd immunity" works......lol......let Kindle run it now


Its so easy for smart people. Hey!! You can't pay your rent that we inflated over the past 10 years by flooding money into the real estate market? LOL no problem.....YOU get a pass. Just don't pay your rent. You've got a business that's closed? NO problem just don't pay your lease. You own the mall where the rents aren't being paid? NO problem we'll print for you too! lol Its EASY.

All we have to do is keep printing money for every single debt out there while we figure a way to cure this virus and get the economy back to normal. Shouldn't take too long....maybe six months...maybe a year.....then again maybe we don't have a cure for two or three years.......no problem....we'll just print money and its going to be fine.

Trump says US won't close over second COVID-19 wave...lol...then you will reap the wind


Finally don't buy gold or silver. Its an old fogey idea. I've been wrong on everything as the the Great Kindle says lol. Don't prep with food. There's plenty of food. Don't worry about the currency. Gold is going to 700 anyway as the great CS/Buttfoxx maintains. Its all good. 




31 comments:

  1. gold got clobbered rather nicely today...almost makes u wanna sell, isnt it? hahaha

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    1. all u need is 16 billion of freshly minted dollar and u can short gold in 2 hours making it all go back to normal...or so it would seem

      my reasons for owning gold are:
      1. banks own it themselves, and they probably have a good reason for it.
      2. the macro equation has been shifted towards great dependance on low interest debt from which there is not exist, because any type of exist would require raising of interest rates, which would completely destroy the economy.
      3. in addition to point 2, the gdp/m2 ratio has been dropping for a very long time....increasing more money is needed to prop up the gdp, which add weight to the aggregate dependance on low interest rates.
      4. since gold is still recognized as money among the banks, and more so, increasingly among the eastern block of nations, who are gaining recognition geopolitically, it's historical ratios to monetary base and currency in circulation should still be true.
      5. stagflation stagflation stagflation.

      so....nothing is back to normal

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    2. GDX down today......here's what's weird and I saw the same thing in 2016 baby bull move in miners and that is this.....I own a basket of around 12 gold and silver miners......all but two were up very nicely.....my portfolio was up almost 5% today......with gold down and GDX down.....so we're getting "investor" money buying the beaten down juniors like mad.......stay tuned lol

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    3. also picked up a nice gold eagle 1 oz today from my dealer.......she said she's getting a lot of sellers coming out with the higher gold prices......as is her fellow dealer in a nearby city.........sell retail sell.......get out of gold while you can..........BWAAAAAAAAAAAAAAAA.....run lil CS run

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    4. retail will not be in the miners when the big money move occurs and sadly they aren't gonna be in physical gold or silver....they've been beaten out ..........they'll sell as soon as they get back to par

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    5. retail is all in bitcoin and the multitude of other pretend coins that came along with it ....all waiting for that lambo

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    6. yeah and the SnPiss is about to shit the bed......with the next breakdown....tictoc

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    7. wonder what the "news" will be that torpedoes the Lusitania ..........the "news"? what will be the "news"??

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    8. the second wave is gonna be a total demolition....there is fitch lurking in the shadows waiting for it

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    9. these are truly desperate times.....IF we don't open up then we die slowly by starvation/social/political breakdown. ......so we have to experiment by opening even though there will be most likely outbreaks....the hope is we can put out the outbreaks with monitoring......we just might pull of "acceptable" death tolls for a few months.....doubtful......but even a moderate outbreak that closes us down will cause massive sentiment destruction and create an unrecoverable plunge.......the Fed will print print and print more......we'll announce massive projects ......its going to be an epic war

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    10. Have to put this into perspective. These assholes have managed to politicize a virus! That takes guts, or desperation. But when it all boils down these same assholes represent the same team! lol

      Do you honestly think they give a flying turd about the well being of "the people"? Don't answer that lol.

      Damned if you do and damned if you don't.

      ARE WE NOT ENTERTAINED???

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  2. Seems fair!

    "the mega banks that own the New York Fed are only responsible for $42.6 billion of its liabilities, despite the fact that those liabilities total $3.9 trillion."

    https://wallstreetonparade.com/2020/05/taxpayers-are-on-the-hook-for-98-percent-of-the-feds-6-98-trillion-balance-sheet/

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    1. lol......its all a big comedy Tom.......and we're the punchline

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  3. I was just checking on all the things I've been wrong on.......lemmee see......Gold 1760....hmmmmm....not 700 lol..........next The Fed has printed to infinity........lol..........hmmmmm........a hundred Zillion to come lol.....now they're talking about the broken pensions lol....I wuz wrong on that....lol...now they're sayin' the state budgets need bailing out lol....i wuz wrong on that too lol......hell Cali asked for a TRILLION today...lol....stock market crashed this year the worst move in a month in HISTORY.....lol......hmmmmm.....wunder what's next kindle for the market........Bet they take the SnPiss to a million lol......don't worry the Fed loves you.....BWAAAAAAAAAA....

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  4. Replies
    1. and they need to cool......but just a little

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  5. Now this is a great investment. JNUG Year to date loss 87%. This thing is the biggest loser of any stock around and they keep buying it, and they keep back splitting it. I wonder when investors are going to catch on to this scam.

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    1. lol.....YA THINK?????......heheheeheh

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    2. leveraged etf cant be an investment...its only for gambling...the math doesnt work there...after a drawdown of 25%x2 u dont get ur money back if u gain 33.33%x2

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  6. Well put Kindle he knows. Now extrapolate that to stock buy backs, taxpayer bailouts, paper gold, subprime TARP, NIRP REPO shadow treasury auctions dark money pools derivatives black books exchange stabilization funds dark money trusts national security, etc. Well, I would say you get the idea, but... lol tiring ain't it? Let's wait for the next "stimulus".

    PUT THE GLASSES ONE!

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  7. Through their fruits you shall know them.

    "Change is being packaged and sold to the masses in a way that leaves Americans with their exceptionalism - AND gives the people the motivation to accept a change they will barely perceive, to fulfill a new role which they are clamoring for anyway.

    ... the great body of people, mentally incapable of comprehending (the system) will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interest."

    https://roacheforque.blogspot.com/2017/08/the-alter-trump-psyop.html


    This will be added to my "file".

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    1. As Gore Vidal said,
      "The genius of our ruling class is that it has kept a majority of the people from ever questioning the inequity of a system where most people drudge along, paying heavy taxes for which they get nothing in return"

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    2. and you shall be punished Dark Knight..........lol.......knowing the truth is still better than burying your head in the sand

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  8. Hey I'm on your side! Personally, I think it's fun to watch. You know what they say, when 51% of the population is dumber than a rock, it's all over but the shout.

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  9. I found this interesting podcast called: "The Great depression"

    https://wondery.com/shows/american-history-tellers/#

    addicting.

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  10. The mall of America hasn't paid its mortgage the past 2 months

    https://youtu.be/NJTBwH2Grz0

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  11. https://youtu.be/B8x_iV0hsEQ

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  12. I wish I can post the video my friend sent me of youngsters partying in Kli’s hometown of Osage Beach, Missouri. 100’s with no masks just drinking and partying like it’s 1999. All this virus bs is a scare tactic by the Democrats and the media. Their agenda is to instill fear in people. Rates of the virus have plummeted. Doom and gloomers on this blog, shame on you. Nobody cares to follow
    your doom and gloom propaganda.

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