Greg, Could you imagine the shock & awe that would transpire if you initiated along with other competent venue's lions and follower's by demanding that both the Federal Reserve and the US Treasury allow a window or office access to exchange their fiat, unlawful, toilet paper currency for lawful money as clearly specified in their very own law, i.e.: (12 USC § 411)? This would be a no brainer action that we could work together with that would stir up so much poop, they would probably hunt us down like dogs, "wink" I ask again, let's do this as a gut shot primer before we all go march peacefully at the Fed. Reserve building in DC on the 4th of July in 2025.
Here's the meat of their very own law which we could bury them with:
Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are authorized. The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank.
Just my opinion and not to be construed as financial advice. I would be cautious on mining stocks for awhile because I believe in some countries, these mining corporations are in like, Mexico, Peru & others are contemplating nationalizing their precious metals. This may be a disaster for both the mining companies, investors, and the financial sector worldwide. Just saying!
Patience is the key in this market. As much as I want to buy, I am going to be patient. If this market drops again tomorrow, we should see margin calls and more selling.👍
Thanks for the heads up. Not sure how far mining will drop. Could be a good idea to sell short with a loss and buy lower. Sounds like a rookie move but the bottom of mining could be way down there.
Greg, Could you imagine the shock & awe that would transpire if you initiated along with other competent venue's lions and follower's by demanding that both the Federal Reserve and the US Treasury allow a window or office access to exchange their fiat, unlawful, toilet paper currency for lawful money as clearly specified in their very own law, i.e.: (12 USC § 411)? This would be a no brainer action that we could work together with that would stir up so much poop, they would probably hunt us down like dogs, "wink" I ask again, let's do this as a gut shot primer before we all go march peacefully at the Fed. Reserve building in DC on the 4th of July in 2025.
Here's the meat of their very own law which we could bury them with:
Federal reserve notes, to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are authorized. The said notes shall be obligations of the United States and shall be receivable by all national and member banks and Federal reserve banks and for all taxes, customs, and other public dues. They shall be redeemed in lawful money on demand at the Treasury Department of the United States, in the city of Washington, District of Columbia, or at any Federal Reserve bank.
(Dec. 23, 1913, ch. 6, § 16 (par.), 38 Stat. 265; Jan. 30, 1934, ch. 6, § 2(b)(1), 48 Stat. 337; Aug. 23, 1935, ch. 614, title II, § 203(a), 49 Stat. 704.)
un real widows tax... I need to get out asap https://www.msn.com/en-us/money/retirement/don-t-let-the-widow-s-penalty-blindside-you-how-to-prepare/ar-AA1jt1Qy?ocid=hpmsn&cvid=b458840bf4a248aeb5b7f6bcb0dbf0be&ei=184
I bought the dip in miners and energy since they’re getting hit worse than the broader market
Just my opinion and not to be construed as financial advice. I would be cautious on mining stocks for awhile because I believe in some countries, these mining corporations are in like, Mexico, Peru & others are contemplating nationalizing their precious metals. This may be a disaster for both the mining companies, investors, and the financial sector worldwide. Just saying!
Thanks.
I am holding fire.
I am too for the most part I only used like 10% of my cash
Me too
I bought gold.
Sold PUTS on a monthly dividend ETF.
Waiting for $NVDA to bottom, then I'll jump back in. 100% cash now.
Patience is the key in this market. As much as I want to buy, I am going to be patient. If this market drops again tomorrow, we should see margin calls and more selling.👍
Maybe I should buy more Altria and Brown-Forman cause people are gonna be drinkin and smoking alot this fall.
Well, I got one reply and one like (thanks), but I still can't say I understand the MMRI considering the market's action in late October 2023.
The market more or less has the September rate cut priced in, so materially, nothing should change going forward.
Thanks for the heads up. Not sure how far mining will drop. Could be a good idea to sell short with a loss and buy lower. Sounds like a rookie move but the bottom of mining could be way down there.
I can't wait for 18 September:
- Trump is scheduled to be sentenced in New York
- VIXpiration
- FOMC rate announcement
We also have the usual b.s. out of Washington to pass a budget with the US government's fiscal year ending on 30 September.
and i have 2 years to sell house or i loose 1/2 deduction ..this is all bull shot and so is the market
10Y-2YT has to stay above 0.0% before any cut and subsequent crash will happen.
https://fred.stlouisfed.org/series/T10Y2Y
Ain't going to be long now, chiruns!
Thank you.
I'm sitting this out. Waiting for November.