I remember the Carter years. Miserable if you had no money. Which i did not. So we tightened our belt. We made it through but bought a home with a 21.5% interest. But it was subsidized by the Farmer's Loan Act so we paid about 10%. These guys have no idea what caused this and worse, no idea how to fix it. God help us all. War will fix everything. Remember the Rothchild formula, war=debt= money. Which they will print and spend like there is no tomorrow. Just sayin'
do the numbers .. of every potus trumpet was champ inflating the $ by 148% not counting his pocket money to buy the carribean island hideaway .. yep trumpet epstein +price andrew all managed by the prince of pimps putin .. go for it blue pretenders !
E-Trade, Wealthscape Investor (a Siebert Muriel Siebert Co) and Charles Schwab are a few companies that are good. You might want to subscribe to a good Research company to help advise and recommend great companies to invest in. I use Stansberry Reseach co. Although, I recommend caution in buying stocks and bonds right now. Good Luck!
Hi Tom and Dan. In all likelihood, the Republicans will regain control of both the House and Senate in November and the result a dame duck presidency for 2023 and 2024. What would you expect the Republicans to do to attempt to knock down inflation from growing even higher under their control? 2nd question: Do you expect either Russia or Communist China to back their own currency with gold in the next few years in an attempt to knock the U.S. dollar down to the level of the Mexican peso?
This comment is for Tom Dyson. Back last year when you were writing your post cards, you mention you had purchased some 1oz Maple Leafs from mr. and mrs. Fleming in Flordia, would you be so kind as to email me (wmb1933@icloud.com) there phone number,, location, etc,.I would like to purchase some maple leafs. Thanks William Bennett ( wmb1933@icloud.com)
The system lacks the conviction to pull off a 1920-style market rinse, though it would be best. Debts/deficits are so much larger. 100x the leverage. Seems like Fed and Treasury are destined to merge and pay the bills creatively.
I began investing in physical silver a few months ago based on the guidance you stress with regard to investing in gold and silver and cash right now. Well, it has gone done 20% after its initial rise of about 5%; consequently, I've seen a drop of 25% total since its peak just 4 months ago. I thought buying Sprott physical silver meant I was buying stored silver and not just shares of a mining company. Thus, one would expect silver prices to be much higher now when there is concern that silver mining is becoming much more expensive and the supply of silver is being squeezed. So........what gives? What is really happening to silver and precious metals?
as happens with all public/subscription blogs it's being swamped by know it alls and wanna bee's so lets start another stack that parallels this one and rid of the viruses ..
oh dear worldly travelers which are the best small gold or silver coins (1, 10 or 20 gram) to travel with assuming it can fit into your luggage quota and is accepted as payment by most people ?
I’d say you’re on the money(pardon the pun) with those sizes. They can easily pass through scanners and x-rays without setting off any questions as they will look to be of a size and weight consistent with many nations coinage. 1oz coins might stand out in scans and raise a flag with “za authoritiez” and you might get pulled aside for questions. Best to experiment if you’re doing a lot of travelling. Go through with small amounts of gold or silver coins initially. If all goes well, swap out the silver for gold on later trips if you’re wanting to have more funds for the travel. *This is general advice only and not specific to you or the countries you wish to travel to and from. You should know and follow all legal and customs advice and laws of each country you visit.
Another great article - if anyone wants further reading on the 1919-21 depression and Wall streets other 3 major bear markets in the 20th century I recommend ‘Anatomy of the bear’ by Russell Napier.
I agree with your comments about gold etc. and have been heavily invested in gold shares. Unfortunately these have all been stopped out (I use a trailing stop) I have now resorted to short selling shares and buying ETFS shorts. I am a reasonable experienced investor.
Does this policy put me at risk while I keep daily trailing stops?
checking your daily pulse (trail stops) is over reacting just study the charts and market mood and move the thermometer every week then set and forget otherwise the stop is just FOMO ..
I remember 15% inflation in the UK in the late 70s. Extremely unpleasant and nearly lost our house. The signs are similar now with no one in charge able or willing to acknowledge or stand up to the changes needed. All I see is a repeat performance, but this time without anyone with the ability and the balls necessary to address it. Those in charge couldn't deal with Covid then and can't deal with their previous decisions now. So what next? The most worrying aspect is that if someone does emerge with the will to fix it, likely that they will be someone that will fix a great number of other things that really don't need fixing. Those other things will come at a very high price, not associated with cash, or its equivalent. Time to check out of the current corruption
Trump threatened to remove US troops from Saudi Arabia right before he left office, unless they cut oil production for the next couple of years... During Biden's term. Right wingers just ignore this, and the fact that Russia picked up almost all of the extra oil sales because of it.. it's almost as if trump helped fund Russia's army to invade Ukraine. Bit why would trump do that? Hmmm... I wonder..
I'll play along and assume what you're saying is true (which is rare). You must think Trump has some kind of ESP to have known Putin was going to invade Ukraine more than 13 months after he was cheated er defeated in the 2020 election. However, it doesn't require ESP to know that Biden and his merry band of Marxists have caused all of this with their beyond stupid energy policies that are kicking into high gear right about now. By the way, do you know where electricity comes from?
Do you notice how these two knuckleheads "AClown" and "Wizard of Oz Dorothy" never respond when confronted with reality? They just can't handle the truth.
I'm guessing you aren't a BPR subscriber. Your ilk falls into one of three categories: 1) A government employee (including school teachers/academics or a politician; or 2) A destitute parasite on society that depends on the government for your subsistence; or 3) A billionaire donor to the Democrat Party and their candidates (in which case you already know how to grift money from the existing psuedo-capitalist system and don't need a financial newsletter like this one.)
BTW--if you think about it, regardless of which one of those categories you fall into, they are really all cut from the same cloth. They want as much as possible for doing as little as possible. And the more they can take from others to give to themselves the better.
Kindly offer a molecule of evidence for this. Progs have accused Trump of a lot of shit without proof, and when they do, it's always "anonymous sources." They're pissed because Putin has effectively ruined the elites' money laundering country of choice. The proof contained in Hunter's laptop.
There was reported two Hunter Biden laptops with info that could have been forged, a common feature of disinformation. The second laptop confirming International corruption which involved an active Russsian Intelligence agent, A. Derkach who was assisting Giuliani in verifing the contents. hmmmm
Everything is Bullshit if it's negative against Trump. Wake up! Trump was neither smart or honest; he was a BSer and you failed for it hook line and sinker. So sad!
And you are a hopeless Kook-Aid drinker that is as delusional as Joe Biden. Just look at what your clueless team of morons has wrought on the country and its economy. That's all you--own it.
I remember the Carter years. Miserable if you had no money. Which i did not. So we tightened our belt. We made it through but bought a home with a 21.5% interest. But it was subsidized by the Farmer's Loan Act so we paid about 10%. These guys have no idea what caused this and worse, no idea how to fix it. God help us all. War will fix everything. Remember the Rothchild formula, war=debt= money. Which they will print and spend like there is no tomorrow. Just sayin'
Don Harrell
do the numbers .. of every potus trumpet was champ inflating the $ by 148% not counting his pocket money to buy the carribean island hideaway .. yep trumpet epstein +price andrew all managed by the prince of pimps putin .. go for it blue pretenders !
Yeah it will take a world War to get over this crisis. Maybe we can put all those migrants in the military. We will need them for the War ahead.
conflate and exaggerate to confuse the only things that's inflated is in your your head
The future is so uncertain I am having trouble pulling the trigger on buying any stock! Want is best way to buy and sell? Something like E*Trade ?
if you don't know stay away from it ..
E-Trade, Wealthscape Investor (a Siebert Muriel Siebert Co) and Charles Schwab are a few companies that are good. You might want to subscribe to a good Research company to help advise and recommend great companies to invest in. I use Stansberry Reseach co. Although, I recommend caution in buying stocks and bonds right now. Good Luck!
Hi Tom and Dan. In all likelihood, the Republicans will regain control of both the House and Senate in November and the result a dame duck presidency for 2023 and 2024. What would you expect the Republicans to do to attempt to knock down inflation from growing even higher under their control? 2nd question: Do you expect either Russia or Communist China to back their own currency with gold in the next few years in an attempt to knock the U.S. dollar down to the level of the Mexican peso?
This comment is for Tom Dyson. Back last year when you were writing your post cards, you mention you had purchased some 1oz Maple Leafs from mr. and mrs. Fleming in Flordia, would you be so kind as to email me (wmb1933@icloud.com) there phone number,, location, etc,.I would like to purchase some maple leafs. Thanks William Bennett ( wmb1933@icloud.com)
The system lacks the conviction to pull off a 1920-style market rinse, though it would be best. Debts/deficits are so much larger. 100x the leverage. Seems like Fed and Treasury are destined to merge and pay the bills creatively.
Great piece, thanks.
I began investing in physical silver a few months ago based on the guidance you stress with regard to investing in gold and silver and cash right now. Well, it has gone done 20% after its initial rise of about 5%; consequently, I've seen a drop of 25% total since its peak just 4 months ago. I thought buying Sprott physical silver meant I was buying stored silver and not just shares of a mining company. Thus, one would expect silver prices to be much higher now when there is concern that silver mining is becoming much more expensive and the supply of silver is being squeezed. So........what gives? What is really happening to silver and precious metals?
as happens with all public/subscription blogs it's being swamped by know it alls and wanna bee's so lets start another stack that parallels this one and rid of the viruses ..
oh dear worldly travelers which are the best small gold or silver coins (1, 10 or 20 gram) to travel with assuming it can fit into your luggage quota and is accepted as payment by most people ?
I’d say you’re on the money(pardon the pun) with those sizes. They can easily pass through scanners and x-rays without setting off any questions as they will look to be of a size and weight consistent with many nations coinage. 1oz coins might stand out in scans and raise a flag with “za authoritiez” and you might get pulled aside for questions. Best to experiment if you’re doing a lot of travelling. Go through with small amounts of gold or silver coins initially. If all goes well, swap out the silver for gold on later trips if you’re wanting to have more funds for the travel. *This is general advice only and not specific to you or the countries you wish to travel to and from. You should know and follow all legal and customs advice and laws of each country you visit.
Another great article - if anyone wants further reading on the 1919-21 depression and Wall streets other 3 major bear markets in the 20th century I recommend ‘Anatomy of the bear’ by Russell Napier.
I agree with your comments about gold etc. and have been heavily invested in gold shares. Unfortunately these have all been stopped out (I use a trailing stop) I have now resorted to short selling shares and buying ETFS shorts. I am a reasonable experienced investor.
Does this policy put me at risk while I keep daily trailing stops?
checking your daily pulse (trail stops) is over reacting just study the charts and market mood and move the thermometer every week then set and forget otherwise the stop is just FOMO ..
Thanks
This is a Catch 22. Where is FDR at? We need him to get us back on track.
I remember 15% inflation in the UK in the late 70s. Extremely unpleasant and nearly lost our house. The signs are similar now with no one in charge able or willing to acknowledge or stand up to the changes needed. All I see is a repeat performance, but this time without anyone with the ability and the balls necessary to address it. Those in charge couldn't deal with Covid then and can't deal with their previous decisions now. So what next? The most worrying aspect is that if someone does emerge with the will to fix it, likely that they will be someone that will fix a great number of other things that really don't need fixing. Those other things will come at a very high price, not associated with cash, or its equivalent. Time to check out of the current corruption
yep right on and it's going to get a lot worse from here everywhere .. baton down .. the storm is coming ..
Trump threatened to remove US troops from Saudi Arabia right before he left office, unless they cut oil production for the next couple of years... During Biden's term. Right wingers just ignore this, and the fact that Russia picked up almost all of the extra oil sales because of it.. it's almost as if trump helped fund Russia's army to invade Ukraine. Bit why would trump do that? Hmmm... I wonder..
I'll play along and assume what you're saying is true (which is rare). You must think Trump has some kind of ESP to have known Putin was going to invade Ukraine more than 13 months after he was cheated er defeated in the 2020 election. However, it doesn't require ESP to know that Biden and his merry band of Marxists have caused all of this with their beyond stupid energy policies that are kicking into high gear right about now. By the way, do you know where electricity comes from?
trump putin birds of a feather
Do you notice how these two knuckleheads "AClown" and "Wizard of Oz Dorothy" never respond when confronted with reality? They just can't handle the truth.
You wouldn't know the truth if hit you in the face. I have responded..learn to read.
I'm guessing you aren't a BPR subscriber. Your ilk falls into one of three categories: 1) A government employee (including school teachers/academics or a politician; or 2) A destitute parasite on society that depends on the government for your subsistence; or 3) A billionaire donor to the Democrat Party and their candidates (in which case you already know how to grift money from the existing psuedo-capitalist system and don't need a financial newsletter like this one.)
BTW--if you think about it, regardless of which one of those categories you fall into, they are really all cut from the same cloth. They want as much as possible for doing as little as possible. And the more they can take from others to give to themselves the better.
Kindly offer a molecule of evidence for this. Progs have accused Trump of a lot of shit without proof, and when they do, it's always "anonymous sources." They're pissed because Putin has effectively ruined the elites' money laundering country of choice. The proof contained in Hunter's laptop.
There was reported two Hunter Biden laptops with info that could have been forged, a common feature of disinformation. The second laptop confirming International corruption which involved an active Russsian Intelligence agent, A. Derkach who was assisting Giuliani in verifing the contents. hmmmm
How do you account for the corroboration from Hunter associate Tony Bobulinski, or the fact that NYT and WaPo admitted it was real?
Everything is Bullshit if it's negative against Trump. Wake up! Trump was neither smart or honest; he was a BSer and you failed for it hook line and sinker. So sad!
You're a hopeless Republican...have a nice day!
And you are a hopeless Kook-Aid drinker that is as delusional as Joe Biden. Just look at what your clueless team of morons has wrought on the country and its economy. That's all you--own it.
he'll never have a nice day because he can't admit he's a looser!