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Egypt Solomon's avatar

Thank God for Mr. Biden, and his endless supply of wisdom. I was already in full panic mode, walking the Brooklyn bridge wearing a stone for a scarf, until his soothing words lamented my worrisome heart. A “slight recession” is all that is lurking beneath the boiling infernal waters of turpentine? Hahaha! 😂 What a knucklehead! The guy can’t tell the difference between rat sh*t and rice Krispies!

A lot of people I know are significantly dropping their monthly retirement contribution rates at the local, state, and federal level in order to adjust and keep up with their living expenses. It’s going to be one for the history books! A market crash of epic proportions. It’s going to make the crash dummies look like the bumper cars at Six Flags! Hahaha! Awesome!

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David Embry's avatar

Joel, sure glad Ole Braindead’s got our backs. Guess I can look forward to decrease in flight to BA, which will improve the Dollar/Peso exchange rate vs. the Steak/Malbec arbitrage play? Dave

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JT's avatar

God Almighty that was so poignant and so well written. I can’t be the Man if you're THE MAN! Well Done!

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Meesed's avatar

Bill it's too late to change your position on gold (35% in gold and hard assets) to have lots of cash and buy gold when the Fed reverses course. The subscribers know its down 10-11% this year and are patiently waiting for it to turn around.

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Oct 15, 2022Edited
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Carl Goldamer's avatar

You,re absolutely correct PGV. People should have buying their gold and silver coins back when it was 400 dollars a coin. As Porter Stanley told us a long time ago, at the end of the year when your bills are paid, your bank account is ok, your extra cash and refund comes is when you use that to buy your gold coins and silver bars. My dad told me when i was a young lad , when I get paid on Friday pay your rent, fill your gas tank , go down to the coin store and buy a couple oz of silver. They can only kick the can down the road so long. If it hits bottom you will be glad you saved them. That was over 50 some years ago. Might not have to wait to much longer. I just don't want to live in a new third world United States.

I'm just a small tadpole in the big pool here, but I appreciate all the insight and input. Thank you all.

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Oct 14, 2022
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MURREYVONMISES's avatar

What does MIC stand for????

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