For me it does not matter what they do cause I am debt free, mortgage free, my daughter has no student debt and I am 50% in cash 50% gold and silver mining stocks and I have no stress ....
Not sure about the "stimmys" anytime soon. Granted, the "thugs-in-control" would love to bring that fiasco back, but the FED, (who you rightly assert really run this clown show), don't care to risk the "tar-&-feather" mobs when inflation goes ballistic once again. They'd rather hold out and let the slow blood-letting continue. After all, "Time is on (their) side." ("Yes it is!...)
Like I said 250 is the new floor for the MMRI, it's retracing and will test the 250 level then move higher in my opinion. Debt will continue to go parabolic.
IMPOSSIBLE, There's just to much debt in the world. Don't think the GOV. will let the people get out from paying their mortgages. Trillions, nope not a chance.
We'll see, If your right we'll have a World Wide DEPRESSION that will probably last a decade or more. Not many will survive. I hope for America I'm right.!!
I think they’ll somehow stretch the fake economy to the end of the decade before the final inflationary death spiral collapse. How they do this with pumping blood back into their host, I’m not quite sure but you are right, it can’t keep going like this. Credit cards maxed, student loans, last tranche of boomers slowing spending as they go into retirement. Trade fiat for real things, that’s what we do here 💪🏻
This is crazy. I am afraid that market will make the Rich own all the debt on the middle class and poor. I need to own more land and raise crops now before times get crazier.
Good morning from Bangkok Greg. I agree with you. They are not going to let their ponzi scheme collapse yet. They'll keep creating more debt using any and all excuses, this pushing assets values up, while the middle class is totally destroyed.
Bold prediction regarding the "stimmie" checks on your part Lion King! I doubt we will see those ever again in fiat currency. However...Uncle Joe might just hook some money as bait to lure the minions in to signing up for CBDC. And the mindless, greedy bastards will do that and cry foul later on.
I believe if there is a chance for stimmies it will be next year after all the pain sets in...especially after the repayment of student loans has begin......plus to far away from the election, folks will forget who gave them the hand out.....it's national selection time now...and Bidenomics is working so well....LOL....:-)
I can see where 250 could happen given past performance. My intuition tells me 258-260 is the new line in the sand. They are starting to loos a little or some control over this now. Next step, bond calls start ringing.
For me it does not matter what they do cause I am debt free, mortgage free, my daughter has no student debt and I am 50% in cash 50% gold and silver mining stocks and I have no stress ....
Not sure about the "stimmys" anytime soon. Granted, the "thugs-in-control" would love to bring that fiasco back, but the FED, (who you rightly assert really run this clown show), don't care to risk the "tar-&-feather" mobs when inflation goes ballistic once again. They'd rather hold out and let the slow blood-letting continue. After all, "Time is on (their) side." ("Yes it is!...)
Shitshow
I don’t see the stimmys this time
Like I said 250 is the new floor for the MMRI, it's retracing and will test the 250 level then move higher in my opinion. Debt will continue to go parabolic.
I feel there's a high probability of <250 very soon. Thanks for providing this update.
My thoughts exactly. Buffett said DOW 50k, and I have a chart that's showing a move to 48k DOW...let's see
Today the US MBA30YR 7.09 !!! Almost NEAR 7.16 again (2022-10-26) !!!
US MBA30YR touched 7.16 again TODAY !!! August 16 2023 !!!
It will come like the devil by night, ..... soon
100% debt jubilee or stimmies coming
IMPOSSIBLE, There's just to much debt in the world. Don't think the GOV. will let the people get out from paying their mortgages. Trillions, nope not a chance.
Sure there is. Has to be done. The parasite has drained all the blood from their host. Have to do a reset or the parasite dies too. Simple as
We'll see, If your right we'll have a World Wide DEPRESSION that will probably last a decade or more. Not many will survive. I hope for America I'm right.!!
I think they’ll somehow stretch the fake economy to the end of the decade before the final inflationary death spiral collapse. How they do this with pumping blood back into their host, I’m not quite sure but you are right, it can’t keep going like this. Credit cards maxed, student loans, last tranche of boomers slowing spending as they go into retirement. Trade fiat for real things, that’s what we do here 💪🏻
I'm 81 years old I don't know if I'm going to make it till the end of the decade. Hope runs eternal.!!
This is crazy. I am afraid that market will make the Rich own all the debt on the middle class and poor. I need to own more land and raise crops now before times get crazier.
Good morning from Bangkok Greg. I agree with you. They are not going to let their ponzi scheme collapse yet. They'll keep creating more debt using any and all excuses, this pushing assets values up, while the middle class is totally destroyed.
Bold prediction regarding the "stimmie" checks on your part Lion King! I doubt we will see those ever again in fiat currency. However...Uncle Joe might just hook some money as bait to lure the minions in to signing up for CBDC. And the mindless, greedy bastards will do that and cry foul later on.
Greg, agree with you 110%
I believe if there is a chance for stimmies it will be next year after all the pain sets in...especially after the repayment of student loans has begin......plus to far away from the election, folks will forget who gave them the hand out.....it's national selection time now...and Bidenomics is working so well....LOL....:-)
I can see where 250 could happen given past performance. My intuition tells me 258-260 is the new line in the sand. They are starting to loos a little or some control over this now. Next step, bond calls start ringing.