The long term outlook for many things, remains unchanged.
Yup, we all gonna die someday. I just hope we spend more of our days enjoying life rather than being concerned about it. Many on this forum don't have that many 5 year periods left.
One EMP and the banking system goes down. The case for owning gold & silver as a disaster hedge is still valid, but cohodk is right - once you are somewhat prepared, there's no point in spending time ruminating about all the problems. There will always be pressing problems.
Still, you're an idiot if you ignore them.
Q: Are You Printing Money? Bernanke: Not Literally
Some forum members aren't worth having "discussions" with any more. You can't lead that horse to water. More than fulfilled having market/economic discussions on a daily basis on other forums over the past 3 yrs. That's probably where "others" have gone as well. Kudo's to Derryb, Jmski52 and others for keeping the flame lit.
I find it interesting how the comments in multi year threads on this forum, have so closely followed the comments and emotions expressed in this chart. Seriously, this is some amazing stuff. And I think it demonstrates that markets can, to a fairly accurate extent be predicted.
@roadrunner said:
Some forum members aren't worth having "discussions" with any more. You can't lead that horse to water. More than fulfilled having market/economic discussions on a daily basis on other forums over the past 3 yrs. That's probably where "others" have gone as well. Kudo's to Derryb, Jmski52 and others for keeping the flame lit.
Yes Roadrunner, people do often flock to groups with similar viewpoints so as their opinions can be validated. Kudos to Derryb, Jmski52, Baley, and others for keeping this forum on an even keel, and representing a more true and accurate representation of America.
@roadrunner said:
Some forum members aren't worth having "discussions" with any more. You can't lead that horse to water. More than fulfilled having market/economic discussions on a daily basis on other forums over the past 3 yrs. That's probably where "others" have gone as well. Kudo's to Derryb, Jmski52 and others for keeping the flame lit.
Yes Roadrunner, people do often flock to groups with similar viewpoints so as their opinions can be validated. Kudos to Derryb, Jmski52, Baley, and others for keeping this forum on an even keel, and representing a more true and accurate representation of America.
Include yourself in that category.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Those that keep reminding us of how great the economy is need to be reminded t> @cohodk said:
I find it interesting how the comments in multi year threads on this forum, have so closely followed the comments and emotions expressed in this chart. Seriously, this is some amazing stuff. And I think it demonstrates that markets can, to a fairly accurate extent be predicted.
I believe I have been quite consistent with my opinions and with my outlook. No roller coaster here.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Yes, you're quite consistent in your positive outlook for silver, regardless of the current price and long and short term trends. You also are remarkably good at reporting -- after the fact -- that you made good money on the short side when it goes down.... which it has done again and again since the blowoff top in 2011, which many here called as a top in real time.
Anybody catch "Mornings with Maria" today on Fox Business News? One of their expert guests predicted a major equity market sell-off this October. They went over the the Big W, the banking algorithms, The Fed's balance sheet and interest rate hikes, Trump's planned stimulus and repatriation of offshore USD and the downsizing of the supply of USD. It was an interesting interview with a quite attractive young woman. The implied sell-off was ~1/3 of today's equity prices and could create an excellent buying opportunity next year. When we hit the peak "in the middle of the W" could be this summer and could be next winter with October being the median timeframe.
Oh and she said Trump will get blamed for it but it's baked in and was long before Trump got elected but I guess we already knew that.
I know it always sounds like a sensationalized overblown paranoid rant, but I'm going to say it anyway. I find it to be completely nuts to allow a private, closely-held group of banks, owned by a very small, tight-knit group of elitists to control the money supply, monetary policies, and in effect - the whole Western World!s economic direction and can be left in such a position as to dictate what Western governments decide whether it's good for "the people" or not. The Fed needs to go, permanently.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said:
I thought that the Fed was buying everything, except for gold. Especially Treasury debt. With their own imaginary money. Derivatives up the wazoo.
They were, but now thru the treasury via the mint and immediately on dry ships frieght to the east, they are the biggest buyers of gold and silver since jp Morgan cornered the physical silver market...
"The economy no longer works, and the Status Quo has no Plan B. All the Status Quo has is policies that no longer work: lowering interest rates (10 years and counting), fiscal stimulus (10 years and counting) and monetary easing/stimulus (10 years and counting).
Why is fiscal stimulus now a permanent policy? The answer is uncomfortable: if fiscal stimulus is withdrawn (or even trimmed), the economy immediately goes into a self-reinforcing contraction.
As for near-zero interest rates: after 10 years of supposed "recovery," central banks are terrified of pushing rates higher by quarter-point baby-steps, for the same reason that fiscal stimulus cannot be withdrawn: raising interest rates to historic norms would immediately send the economy into contraction."
Got gold?
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
But the inconvenient reality is these Keynesian policies no longer work. Fiscal stimulus (governments borrowing and spending trillions more than they did before the recession) has continued for a decade--or in Japan's case, almost three decades.
Look how this guy contradicts himself. Lol
Mr Smith demonstrates his lack of knowledge of intermarket relationships and does not realize the global central banks have been a hindrance to economic growth.
His thinking is very reactionary and backward. Sad that so many think the same, although this does open the door of opportunity for those who know. Eventually the fat cats will tire of feeding on fear.
@cohodk said:
Mr Smith demonstrates his lack of knowledge of intermarket relationships and does not realize the global central banks have been a hindrance to economic growth.
But as usual you do. You demonstrate your lack of knowledge on how the FED wags the world tail when it comes to central banks.
Global central banks are doing the only thing they can - react to FED policy to best protect their own puppet masters. Mr. Smith correctly points out that FED policy has been the hindrance to our own economic growth. It has a very long ripple effect to other nations because of previous successful moves to have a "global" economy. Your claim that global central banks have been a hindrance to economic growth (yet you defend FED policy at every opportunity) is proof that globalization is not such a great idea. Mr. Smith just proves your beloved FED is at fault.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.
Check out both of my new books, Inequality and the Collapse of Privilege ($3.95 Kindle, $8.95 print) and Why Our Status Quo Failed and Is Beyond Reform ($3.95 Kindle, $8.95 print, $5.95 audiobook)
@cohodk said:
Mr Smith demonstrates his lack of knowledge of intermarket relationships and does not realize the global central banks have been a hindrance to economic growth.
But as usual you do. You demonstrate your lack of knowledge on how the FED wags the world tail when it comes to central banks.
Global central banks are doing the only thing they can - react to FED policy to best protect their own puppet masters. Mr. Smith correctly points out that FED policy has been the hindrance to our own economic growth. It has a very long ripple effect to other nations because of previous successful moves to have a "global" economy. Your claim that global central banks have been a hindrance to economic growth (yet you defend FED policy at every opportunity) is proof that globalization is not such a great idea. Mr. Smith just proves your beloved FED is at fault.
Lol....I am clearly on record in this forum having written many, many times for several years that the Fed needs to raise rates.
@cohodk said:
And Mr Smith ends his ignorance by begging....
If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.
Check out both of my new books, Inequality and the Collapse of Privilege ($3.95 Kindle, $8.95 print) and Why Our Status Quo Failed and Is Beyond Reform ($3.95 Kindle, $8.95 print, $5.95 audiobook)
LMFAO!!!
Steven Hawking peddles books. Guess that makes him an idiot as well.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Martin Armstrong's Paradox of Solution: "whenever a government (or central bank) creates a solution to any crisis, that solution becomes the next crisis."
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
@cohodk said:
And Mr Smith ends his ignorance by begging....
If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.
Check out both of my new books, Inequality and the Collapse of Privilege ($3.95 Kindle, $8.95 print) and Why Our Status Quo Failed and Is Beyond Reform ($3.95 Kindle, $8.95 print, $5.95 audiobook)
LMFAO!!!
Steven Hawking peddles books. Guess that makes him an idiot as well.
Yup.
Einstein, Newton, Galileo, Tesla, and Cohodk never peddled books.
Confirmation bias is running rampant on this planet. Understandable, because it's
Easier and more comfortable than reading a variety of sources and really thinking.
Yes Baley, and unfortunately it's become so much easier to find similar beliefs via the internet. A person's voice that was once only heard in a small town can now reach around the world and desperate people are constantly seeking reassurance.
The psychology of masses can reach new levels and extremes. It's quite fascinating and I believe it will lead to greater volatility in economic, political and social cycles, as we have gotten a glimpse of recently.
On a relative basis, the world scene has been rather benign for the past 40 years. That could be changing.
Gecko will be first in line demanding that Illinois' pension funds be bailed out by the Feds. And it's questionable as to whether or not that might happen. It's all so easy when there's no accountability.
Q: Are You Printing Money? Bernanke: Not Literally
Looks like Mike Madigan got the Senate votes to override the Governor's veto. Now the House votes and they'll likely pass it. No real spending cuts, higher taxes and enough additional revenue to cover Illinois' unpaid bills for a few years at best. It's not pretty.
Yes. As long as it is pure gold. If is mixed with something like lead, then you're in trouble. If you're talking about Der Lachs Goldwasser Liqueur then you're fine. That's one expensive drink.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Comments
Unfunded liabilities are no longer a concern.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Yep, things are better. The "can kicking" has ceased.
The long term outlook for many things, remains unchanged.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Yup, we all gonna die someday. I just hope we spend more of our days enjoying life rather than being concerned about it. Many on this forum don't have that many 5 year periods left.
Knowledge is the enemy of fear
One EMP and the banking system goes down. The case for owning gold & silver as a disaster hedge is still valid, but cohodk is right - once you are somewhat prepared, there's no point in spending time ruminating about all the problems. There will always be pressing problems.
Still, you're an idiot if you ignore them.
I knew it would happen.
Some forum members aren't worth having "discussions" with any more. You can't lead that horse to water. More than fulfilled having market/economic discussions on a daily basis on other forums over the past 3 yrs. That's probably where "others" have gone as well. Kudo's to Derryb, Jmski52 and others for keeping the flame lit.
I find it interesting how the comments in multi year threads on this forum, have so closely followed the comments and emotions expressed in this chart. Seriously, this is some amazing stuff. And I think it demonstrates that markets can, to a fairly accurate extent be predicted.
Knowledge is the enemy of fear
Yes Roadrunner, people do often flock to groups with similar viewpoints so as their opinions can be validated. Kudos to Derryb, Jmski52, Baley, and others for keeping this forum on an even keel, and representing a more true and accurate representation of America.
Knowledge is the enemy of fear
Include yourself in that category.
Those that keep reminding us of how great the economy is need to be reminded t> @cohodk said:
I believe I have been quite consistent with my opinions and with my outlook. No roller coaster here.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Yes, you're quite consistent in your positive outlook for silver, regardless of the current price and long and short term trends. You also are remarkably good at reporting -- after the fact -- that you made good money on the short side when it goes down.... which it has done again and again since the blowoff top in 2011, which many here called as a top in real time.
Liberty: Parent of Science & Industry
No roller coaster, for sure though a super giant slalom ...
big increase in gold exports.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
So SRS got this info from the Fed, US mint or Treasury, eh???...
To the moon...
Anybody catch "Mornings with Maria" today on Fox Business News? One of their expert guests predicted a major equity market sell-off this October. They went over the the Big W, the banking algorithms, The Fed's balance sheet and interest rate hikes, Trump's planned stimulus and repatriation of offshore USD and the downsizing of the supply of USD. It was an interesting interview with a quite attractive young woman.
The implied sell-off was ~1/3 of today's equity prices and could create an excellent buying opportunity next year. When we hit the peak "in the middle of the W" could be this summer and could be next winter with October being the median timeframe.
Oh and she said Trump will get blamed for it but it's baked in and was long before Trump got elected but I guess we already knew that.
I thought the FED was buying the gold? Now it's being dumped in the world markets?
Knowledge is the enemy of fear
Word is, they are buying to sell, to keep the price down...
Well sometimes the story changes to fit what the teller wants the listener to think
Liberty: Parent of Science & Industry
I thought that the Fed was buying everything, except for gold. Especially Treasury debt. With their own imaginary money. Derivatives up the wazoo.
I knew it would happen.
I know it always sounds like a sensationalized overblown paranoid rant, but I'm going to say it anyway. I find it to be completely nuts to allow a private, closely-held group of banks, owned by a very small, tight-knit group of elitists to control the money supply, monetary policies, and in effect - the whole Western World!s economic direction and can be left in such a position as to dictate what Western governments decide whether it's good for "the people" or not. The Fed needs to go, permanently.
I knew it would happen.
They were, but now thru the treasury via the mint and immediately on dry ships frieght to the east, they are the biggest buyers of gold and silver since jp Morgan cornered the physical silver market...
There is no plan B
"The economy no longer works, and the Status Quo has no Plan B. All the Status Quo has is policies that no longer work: lowering interest rates (10 years and counting), fiscal stimulus (10 years and counting) and monetary easing/stimulus (10 years and counting).
Why is fiscal stimulus now a permanent policy? The answer is uncomfortable: if fiscal stimulus is withdrawn (or even trimmed), the economy immediately goes into a self-reinforcing contraction.
As for near-zero interest rates: after 10 years of supposed "recovery," central banks are terrified of pushing rates higher by quarter-point baby-steps, for the same reason that fiscal stimulus cannot be withdrawn: raising interest rates to historic norms would immediately send the economy into contraction."
Got gold?
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
But the inconvenient reality is these Keynesian policies no longer work. Fiscal stimulus (governments borrowing and spending trillions more than they did before the recession) has continued for a decade--or in Japan's case, almost three decades.
Look how this guy contradicts himself. Lol
Mr Smith demonstrates his lack of knowledge of intermarket relationships and does not realize the global central banks have been a hindrance to economic growth.
His thinking is very reactionary and backward. Sad that so many think the same, although this does open the door of opportunity for those who know. Eventually the fat cats will tire of feeding on fear.
Knowledge is the enemy of fear
But as usual you do.
You demonstrate your lack of knowledge on how the FED wags the world tail when it comes to central banks.
Global central banks are doing the only thing they can - react to FED policy to best protect their own puppet masters. Mr. Smith correctly points out that FED policy has been the hindrance to our own economic growth. It has a very long ripple effect to other nations because of previous successful moves to have a "global" economy. Your claim that global central banks have been a hindrance to economic growth (yet you defend FED policy at every opportunity) is proof that globalization is not such a great idea. Mr. Smith just proves your beloved FED is at fault.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
And Mr Smith ends his ignorance by begging....
If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.
Check out both of my new books, Inequality and the Collapse of Privilege ($3.95 Kindle, $8.95 print) and Why Our Status Quo Failed and Is Beyond Reform ($3.95 Kindle, $8.95 print, $5.95 audiobook)
LMFAO!!!
Knowledge is the enemy of fear
Lol....I am clearly on record in this forum having written many, many times for several years that the Fed needs to raise rates.
You really do hear what you want. Sad.
Knowledge is the enemy of fear
Steven Hawking peddles books. Guess that makes him an idiot as well.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Martin Armstrong's Paradox of Solution: "whenever a government (or central bank) creates a solution to any crisis, that solution becomes the next crisis."
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Yup.
Einstein, Newton, Galileo, Tesla, and Cohodk never peddled books.
Knowledge is the enemy of fear
Confirmation bias is running rampant on this planet. Understandable, because it's
Easier and more comfortable than reading a variety of sources and really thinking.
Liberty: Parent of Science & Industry
Yes Baley, and unfortunately it's become so much easier to find similar beliefs via the internet. A person's voice that was once only heard in a small town can now reach around the world and desperate people are constantly seeking reassurance.
The psychology of masses can reach new levels and extremes. It's quite fascinating and I believe it will lead to greater volatility in economic, political and social cycles, as we have gotten a glimpse of recently.
On a relative basis, the world scene has been rather benign for the past 40 years. That could be changing.
Knowledge is the enemy of fear
Never thought Hawking was all that bright. Handsome man though..
Liberty: Parent of Science & Industry
Broken States of the Union
"Economic denial is about to square up to economic reality, and reality always wins! At the end of the day, a broken state is a broken you."
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
I hope someone warned Gecko about his pension.
Knowledge is the enemy of fear
Gecko will be first in line demanding that Illinois' pension funds be bailed out by the Feds. And it's questionable as to whether or not that might happen. It's all so easy when there's no accountability.
I knew it would happen.
tax increases are their only real option.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
If they can get blood from a stone.
Knowledge is the enemy of fear
You underestimate, again.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Oh, you will see higher taxes...that's a given...no brainer.
These higher taxes will help resolve some of the problem you fear.
Knowledge is the enemy of fear
Looks like Mike Madigan got the Senate votes to override the Governor's veto. Now the House votes and they'll likely pass it. No real spending cuts, higher taxes and enough additional revenue to cover Illinois' unpaid bills for a few years at best. It's not pretty.
Suddenly, “De-Dollarization” Is A Thing
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
So, diversification? That's a thing that's not new
Liberty: Parent of Science & Industry
You can eat and drink gold
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
Yes. As long as it is pure gold. If is mixed with something like lead, then you're in trouble. If you're talking about Der Lachs Goldwasser Liqueur then you're fine. That's one expensive drink.
Ultimate sign of excess?
Knowledge is the enemy of fear
Beyond ego, there is literally no reason for consuming gold....Ludicrous excess... Cheers, RickO
Robert Shiller: The one thing preventing a 1929 like crash
"Market psychology."
I wonder just how quickly that can change.
"How many times can a man turn his head and pretend he just doesn’t see?” - Bob Dylan
I hear tell that we've reached a permanently high plateau in stocks.
I knew it would happen.
So never inflation?
Knowledge is the enemy of fear
So never inflation?
Prevention of a deflationary crash via quantitative easing - is my best guess.
I knew it would happen.
Please expound.
Knowledge is the enemy of fear