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    When The Market Unravels There Will Be “No Place To Hide”

    David Stockman urges the priority now should be 'preserving capital'
    by Adam Taggart

    Friday, April 23, 2021, 9:34 AM

Few people alive understand how Capitol Hill and Wall Street work better than former Congressman and financier David Stockman.

And he is deeply concerned that our current political, monetary and fiscal policies are setting the stage for an epic breakdown in the economy as well as the financial markets.

IMPORTANT REMINDER!

Before reading further, please take a moment to subscribe to the brand-new Wealthion.com YouTube channel:

 

Very soon, all of Adam’s interviews with top experts on money & the markets will run exclusively on that channel.

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Risk is being grossly mispriced right now. Asset prices are being distorted into ridiculously dangerous territory by investors caught up in a flood of cheap liquidy as well as a widespread speculative mania.

Of the blizzard of warning signals that reflect this, here’s a gem — never before have so many money-losing companies been valued so richly:

Total market cap of loss making companies

This, plus the gargantuan increase in deficit spending (along with its associated trillions in new debt), leads Stockman to warn that none of this is sustainable. And the farther the debt-binge and hot speculation continues before correcting, the more painful and permanent the reckoning will be

Which is why David agrees that now, more than ever, is the time to partner with a financial advisor who understands the nature of the market risks in play as well as the opportunities, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate:

Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here.

And if you’re one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical resilience preparations.

We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you’ve already got one, great.

But if not, consider talking to the team at New Harbor. We’ve set up this ‘free consultation’ relationship with them to help folks exactly like you.

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101 Comments

  • Fri, Apr 23, 2021 - 10:17am

    #1
    brushhog

    brushhog

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    brushhog said:

    I noticed that, when asked 'how will the central bank's bluff be called' David does not really have an answer. Only that 'I cant believe that it can just go on forever'. I tend to agree with David and Ive been waiting for the shoe to drop for a very long time. But if you ask "why can't the banks just keep printing forever?"...nobody can really answer that.

    What is the limit? There really isnt a hard limit. Being that so much of the economy is completely captured and manipulated it can, theoretically, go on forever. We might be asking these same questions and predicting the same outcomes 10-20-30 years from now.

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  • Fri, Apr 23, 2021 - 12:04pm

    ckessel

    ckessel

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    ckessel said:

    Brushhog,

    It certainly seems like the ability to print money out of thin air should have already ended. But in looking back at Roman history, the debasement of the currency went on for decades. I suppose our current spree could as well but it also depends upon the other critical factors such as energy depletion, environmental impacts, (esp. ocean acidification and plasticifcation imho) and the sacrifice of human activity into the politics of endless wars cleverly disguised as protecting freedom of democracy.

    I think the key to answer the 'how much longer' question must revert back to the good old mathematical model of exponential growth. While we cannot pick a day, observation and some quick calculations say that it is very close.

    I know, that has been parroted many times in the past. We have had the energy crisis before and our solution has been to print and pump. It worked and now we are in decline .. again. Can we do it again? Maybe.

    We have had stock market crashes before. Can it happen again. Probably.

    We have had inflation before. Can it happen again? Yep. What about resource shortages and or food production shortages? We have had those in specific products at various times including huge impacts to agriculture during the dust bowl years.

    Have we ever had to face these issues all at once?  I would say that it has not happened for a long time. Perhaps the Romans came close. With energy supply chain problems (the wood hauling ships bringing firewood from England), endless wars on multiple fronts, currency debasement and politics to favor the upper class to name a few. That was insurmountable  but it was not a worldwide problem and so it mainly affected Rome. Even then, it took many decades if not a century to play out.

    I think it will progress much faster this time but I have been thinking that for a decade so what do I know?!  Only that change is inevitable and it always happens the fastest when you least expect it.

    Coop

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  • Fri, Apr 23, 2021 - 1:12pm

    #3
    Netlej

    Netlej

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    Broken

    "...breakdown in the economy as well as the financial markets." Ya think?

    For all those who have been paying attention the economy and financial markets broke a long time ago. The question should be "How long can the economy and financial markets remain broken?"

    Several times it has looked like the jig was up then something comes along and distracts everyone from collapse, then everyone starts talking about the "recovery" that is bound to happen. This can go on for a lot longer.

    What can't go on and what would be the final trigger is when the US dollar is no longer the world reserve currency. One would do well to read Michael Hudson to better understand how this started, how it works, How it gave the US "the greatest free lunch in the history of man", and even how it could end. There are multiple factions coming together globally that will absolutely change that dynamic sooner than later. The problem with that is that would completely catastrophic for America so TPTB simply can not let it happen. They will let nukes fly before they let that happen on their watch.

    So the best investment advice...and I am giving this out for free... pay attention to the next "destraction" and be ready to put your money in the right place. For 911 it was shorting airlines, insurance, etc. For Covid-19 it was Amazon, Big Pharma, Tech. Be ready to jump when they roll out the next one.

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  • Fri, Apr 23, 2021 - 2:56pm

    #4
    MGRS

    MGRS

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    Destraction

    "Destraction" - Thanks for that, Netlej.  Much wider applicability than the current plandemic/scamdemic

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  • Fri, Apr 23, 2021 - 3:30pm

    Steven Kelso

    Steven Kelso

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    Investing for the CyberPandemic

    How can we invest to benefit from a potential global internet collapse?

    I'm buying tools for survival with my dry powder, but let's say I'm interested in pissing some cash into the wind on a gamble: what investments stand to benefit from the 21st century and it's technological dependents collapsing hard?

    Are there any neo-Luddist business opportunities that would succeed like Bubba-Gump Shrimp after a hurricane?

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  • Fri, Apr 23, 2021 - 9:53pm

    Shplad

    Shplad

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    Shplad said:

    The Internet was designed to withstand a nuclear war. You really think current events are going to bring the whole thing down?

    The only thing I can foresee that would do it would be a worldwide blackout.

     

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  • Sat, Apr 24, 2021 - 4:14am

    brushhog

    brushhog

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    brushhog said:

    Not sure I see a world wide internet collapse but rolling power outages, continued censorship, and supply shortages might render it all but useless.

    I mean, if you cant say what you want to say on it, you cant buy things on it, and the power is unreliable....people are going to look for other ways. I expect, in the future, I will not be using the internet. Its already down to about 50% of it's former utility. On a cost/benefit analysis its still worth it because I can still express myself in a few isolated pockets without being censored, and products [ like the used front end knuckle I just bought for my tractor ] are still easily available.

    If that were to change...lets say this place and a few others werent here for me to read and comment, or supply shortage/power outages made sourcing goods difficult....I'd pull the plug [ and I'd get alot of satisfaction in doing it ].

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  • Sat, Apr 24, 2021 - 6:54am

    #8
    PreCambrian

    PreCambrian

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    This Time IS Different

    From a financial standpoint, I agree with the standard New Harbor/Wealthion analysis that all the indicators point to a bear market/market collapse, maybe 50-67%.  However they themselves say that we have never seen this amount of intervention (by injection of liquidity, artificially low interest rates, monetizing of debt, etc.) in the markets and there might be even more to come.  Therefore I can't afford to be entirely out of the markets because the Fed could go to yield curve control, markets continue to go higher, very high (but not hyper) inflation could continue (similar to Argentina) where the markets don't go down.  I don't have debt but I consider my 30% market exposure as a hedge just like I do my precious metal holdings.  Everything has become so financialized and correlated that I expect that if the market crashes gold will do so also.  Investors will sell gold to cover margin.  There is also the distinct possibility that the Fed will do the same as they did with Covid and inject massive amounts of liquidity into the system and pump it right back up again.  They Fed could also directly (or through some type of controlled entity) buy ETFs or other stocks (just like Japan does). So I am not in the stock market due to FOMO, it is more "fear of this craziness continuing for a long time due to things being different (unlimited Fed intervention) this time".  The worst that happens is that 30% of my liquid assets becomes 10%.

    Regarding @Steve Kelso comment, I don't foresee a sustained global internet collapse without some type of societal collapse.  Then your immediate needs will become paramount (water, food, shelter, clothing, safety).  The internet is vulnerable but any sustained attack would be considered an act of war and then we would be in a war which would involve at least some type of societal collapse as I mentioned above.

    I am not sure where @Shplad got his information that the internet is designed to survive a nuclear war.  The internet is very vulnerable to hacking, electromagnetic, and physical attack.  I read an article in Bloomberg on how much of the fiber optics for the internet of Europe, Asia, Africa, and the Middle East goes through Egypt and the Sinai.  Google is laying some underwater cables to try to avoid this choke point. I wouldn't depend on the internet when times get tough.

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  • Sat, Apr 24, 2021 - 7:17am

    #9
    VTGothic

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    Thinking out loud

    David always stimulates my thinking.

    Here he's articulated for us the reasons we Boomers, economic traditionalists that we are, don't think current government economics is either sensible, moral, or long-term viable. But that begs some questions: what if the decision makers are not trying to re-establish the viable, independent market we assume must be recovered?

    What if the powers have made the decision that limping from one stimulus to the next is acceptable? And that a coordinated global – or at least First World – debasement of currencies is the best or necessary path forward?

    What if the internationally coordinated elite have determined that centrally planning the world's economy, and therefore the numbers and life quality of the hoi polloi, is the only way to keep the global economy from collapsing? And that maintaining their power as long as possible is what matters most?

    Adam's right to suggest – as he did in a question – that the economic bluff they're peddling does not get called if the central banks are all working in tandem to keep feeding sugar to the diabetic patient. After all, who's going to object? Ordinary people?

    It's no longer clear to me that most people in the First World look beyond their own dinner plates. And we've already shown the ruling class that we're willing to be locked down and shut down as long as the bread comes and the digital circus keeps playing. Increasingly, we accept martial attitudes and approaches from law enforcement personnel who are, themselves, convinced that they're saving lives by breaking principles of democracy and individual rights. (Their behavior is just a variation on George W. Bush's dictum that sometimes you have to violate capitalism's principles to save it. Of course it's not true, but it's an easy lie to tell oneself, especially if one wants to believe it's just a temporary violation; a necessary evil for the greater good. I think a good many front line health officials and local cops, even local elected and bureaucratic officials, think just that.)

    David was likely right when he said that it only ends when the Fed makes a mistake from which it can't recover. I'd just expand the idea to say: it ends when the international bank cartel makes a fatal mistake it can't borrow from Peter to use to fix Paul. That's bound to happen, as David observed; but I don't think it's bound to happen soon.

    As for the potential for war, I wouldn't rule it out. Thucydides trap and all that. We keep glaring at Russia, but China's the proper focus. And it's not clear to me that the US and West would win a hot war with her, let alone a commercial or cyber.

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  • Sat, Apr 24, 2021 - 9:01am

    #10

    JAG

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    A Request for Dave Fairtex

    Hey DF, if you see this and are willing, can you provide a S&P500 /Gold Ratio chart with a 200 day EMA?

    My interest comes from this blurb on Sentimentrader.com:

    WHEN TO OWN GOLD

    Jay looked at a simple long-term trend-following system to show when it has paid to own gold versus stocks.

    These days, there is chatter about the impending huge rally in gold (and other related stocks and precious metals). With the expansion of U.S. government spending and the national debt in the last 12 months, the talk of inevitable hyperinflation flows pretty freely. And maybe it will, in fact, all play out that way - with gold, silver, and mining stocks all experiencing explosive rallies.

    But gold has some proving to do first.

    Specifically, the ratio of the yellow metal to the S&P 500 needs to cross above its 200-day exponential moving average (EMA). The table below shows the cumulative performance for gold based solely on whether the gold/S&P ratio is above or below its 200-week EMA from January 1975 through April 2021.

    Does this mean that gold cannot and/or will not rally anytime soon?  Not at all.  It simply means that some improvement in the relationship between the performance of gold and the performance of the S&P 500 Index must occur BEFORE this particular indicator once again favors gold.  This reversal of fortune could happen quickly if gold were to pop and/or if stocks were to swoon.

    I'd like to know how far the ratio is from it's 200 EMA. Many thanks.

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  • Sat, Apr 24, 2021 - 10:49am

    #11

    thc0655

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    Maybe the key dynamic to watch is “The Herd’s” psychology

    Maybe The Collapse won’t happen until The Herd’s mentality pivots from “This is fine!” to “OMG! The sky is falling!”

    We’ve seen a lot of events occur that could’ve/should’ve ignited the conflagration we’re all expecting, but the one crucial thing that hasn’t happened is the public’s psychology switching from routine to cataclysmic. I’ve noticed in my own circle more and more “normal” people becoming alarmed so maybe we’ll gradually get to a tipping point while cans are being kicked by our owners.  OTOH I’m also watching for an event or string of events that suddenly stimulates large numbers of people into a panicked stampede. It could be anything so I don’t try to guess. Just watching and waiting, convinced that the psychology of The Herd is the key.

    If enough people decided they didn’t trust the dollar anymore and started exchanging it for hard assets and spending it as fast as they get it, the economy and The Fed couldn’t withstand the tsunami. However, I doubt The Herd will come to this kind of conclusion like we did through thoughtful consideration of history, facts and trends. I’m convinced it will happen suddenly as a result of a panicked emotional reaction to some kind of news or events they perceive, plus the panicked emotional reactions of people around them in every day life.

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  • Sat, Apr 24, 2021 - 11:23am

    brushhog

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    brushhog said:

    I think you are absolutely right THC, which is why tptb put so much energy and resources into false narratives to control the herd. I also believe that at some point they will lose control and the herd will stampede. I think all the lies we've all just been subjected to over the past 4-5 years must have weakened their credibility....then I'll see a guy out mowing his lawn with a mask on and my faith in the public takes a nose dive.

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  • Sat, Apr 24, 2021 - 11:47am

    #13
    davefairtex

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    chart spx/gc ratio

    Gold vs the net ratio (SPX/GC - EMA(week(SPX/GC),200)).

    Supposedly net ratio < 0 is positive.

    Re: internet & nuclear war.  If you go back in history, we had analog phone lines, and the concern for the national defense teams was pretty simple: how can we make sure to get the "go" code to the missile silos in the event of a nuclear attack.

    A packet-switched network (where the network could "route around" outages in a given segment) was definitely more survivable than, say, a fixed set of hops on phone lines from Washington to the missile silos in South Dakota.  ARPAnet was the solution.

    Anyone else here remember ARPAnet?

    Long story short: sending the go-code through to the silos during a possible nuclear war is why we got the Internet.

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  • Sat, Apr 24, 2021 - 12:07pm

    acesovereggs

    acesovereggs

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    Mowing the lawn

    I mowed my lawn before the worst of the pollen came down, but if I hadn't, it would have been one of the few times I would consider a mask a good idea.....

    But I hear ya!!

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  • Sat, Apr 24, 2021 - 7:33pm

    #15
    Time2help

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    Time2help said:

    There's a difference between something bringing the internet down and it being brought down.

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  • Sat, Apr 24, 2021 - 8:16pm

    PreCambrian

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    Internet and Nuclear War

    I don't think that is the point (i.e. since Arapnet is better than a direct analog phone line it is nuclear attack means that it is nuclear hardened).  Getting a few packets for a launch through doesn't mean that everyone will still be streaming Netflix (or buying/selling Bitcoin).  They use ELF to communicate with nuclear submarines at 76 Hz so the amount of data necessary for a launch is minimal.

    Arpanet was decommissioned in 1990.  It isn't nuclear hardened.  It just can survive partial destruction and still route its messages.  Partial destruction of the civilian internet will just cause tremendous slowdown until the high bandwith users are shut down.  I wouldn't place my faith in the internet during a concerted hacking attack let alone a nuclear attack.  The military may have their own systems of communication but if they are using the commercial internet to send launch codes then we need major help.

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  • Sat, Apr 24, 2021 - 8:57pm

    000

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    000 said:

    yea, mon, Lawns. There's some history there--about 'mericans imitating European aristocrats. [giggles]

    My Korean made masks don't say anything about viruses just pollution and particulate protection.

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  • Sat, Apr 24, 2021 - 9:01pm

    000

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    000 said:

    Don't worry, the new rabbit is about to be pulled out. SDR is it's name. "Meep, meep!"

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  • Sat, Apr 24, 2021 - 10:47pm

    #19
    Pappy

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    the internet is not as resilient as everyone thinks...

    So, if you are Microsoft or AWS or Vanguard, you can have twelve 9's if you want for uptime (99.9999999999%) and fully replicated data with hundreds of miles of redundant dark and active lit up fiber interconnecting it all, but this is expensive.

    I'm certain all the banks and wall street firms have this, plus triple or quadruple colocation and constant server replication over privately owned circuits. Military should as well. But that may be it.

    I've designed parts of many small/medium sized data centers and worked in some pretty large ones too on rented rack space.  These  networks/servers contained in said data centers are only as resilient as the money put into them.

    And believe you me, EVERYONE skimps on their resiliency in data design and networks because of simple economics of IT budgets and laws of diminishing returns. I'm talking DOD, retail banks, schools, municipalities, manufacturing, police forces, jails, online retailers, very large corporations (think of all the credit card breaches at Target and Home Depot).

    I've worked with all of the above except Home Depot.  They all have multiple "100 year flood" weak links.  100 year floods do happen though and they are never 100 years apart.

    Other weak links are the average customers' physical connections to the internet and the networking that routes/switches you around your ISP and the wireless carriers.

    The ISPs are sometimes hobbled together from a variety of smaller networks that may or may not have had their backbone devices replenished in the last decade. Or they could be run over 20 year old coaxial cable.

    Cellular data in particular is designed with limits in the number of connections that each cell can cover, and there isn't much overhead in certain population dense areas. Physics can only work within the constraints of nature and FCC bandwidth allocations.

    The last and most important thing to consider is electricity.

    The internet is a MASSIVE consumer of electricity. Powered by electricity which heats up the space, cooled down with electricity too.  Yes they have generator backups, but that isn't for us public users, that's mainly for data backup and failover in the case of an emergency.

     

    This is why crypto is particularly spooky to me. The ledger may be safe with all the crypto balances, but if it can't be reached because "100 year flood"...

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  • Sun, Apr 25, 2021 - 6:02am

    Pipyman

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    Digital currency

    Is the end game. I believe interest rates will never be raised to stop the inevitable inflation. You always hear “they will have to raise interest rates to stop the inflation”. However, no one ever completes that thought; “if they want to save the currency involved”. I don’t believe they do. They will offer central bank digital currencies as the escape route. The trap will be closed.

     

    SNAP!

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  • Sun, Apr 25, 2021 - 6:39am

    #21
    Steven Kelso

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    CyberPandemic VS Internet Collapse

    I guess I threw people for a loop with the term “collapse”.

    Ever see Superman III? Imagine all the villains of Superman III competing with each other, rather than cooperating. A pedestrian icon digitally crawls into another street sign and proceeds to beat-up the other pedestrian icon. Nice enough metaphor.

    The internet is on, but its not “working”. As safeguards have been dismantled, and “gremlins” are running amok.

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  • Sun, Apr 25, 2021 - 7:40am

    #22
    wotthecurtains

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    wotthecurtains said:

    " However, no one ever completes that thought; “if they want to save the currency involved”. I don’t believe they do. They will offer central bank digital currencies as the escape route. The trap will be closed."

    Sometimes I think people also try to get too fancy with the details.  I think a lot about digital central bank currencies as well, but I try to remember that:

    The Fed is America's third central bank (depending on your definition of Central Bank).  The first two failed.  So the failure of the Fed will result in the construction of America's fourth central bank.  There will be much fanfare about experts and the end of monetary history because "this time its different".  The system will be built in such a way that even those who hate it with every fiber will be compelled to give their energy to it.

    Your college educated friends will cheerfully remind you, "Don't short the Bancor!" (or whatever the popular phrase is) when you bring up the self evident problems with the new system.

    And so it goes...

    I think it's gonna be more about where you are than what the system is.  People living in Forida/Texas have very different lives than those in New York just on the Covid front alone even though they are all in the US.

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  • Sun, Apr 25, 2021 - 8:31am

    PreCambrian

    PreCambrian

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    Government Digital Currency

    Every government sponsored digital currency (including the digital yuan) about which I have read are basically prepaid debit cards that have been registered to a particular person.  No blockchain and no limit on the amount that can be created so basically it is the worst of both the digital world and the fiat currency world.  The only advantage that I see is the potential to avoid the 2% or so transaction fee from Visa, Mastercard, and the like.  However I believe that the government sponsored digital currencies will include the banks as intermediaries (the digital yuan does) in order to avoid upsetting the banks and payment processors.

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  • Sun, Apr 25, 2021 - 10:15am

    #24
    agnes xyz

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    To prevent the herd stampeding

    The herd can't stampede if the individuals are widely scattered. Whoever "they" are, they know this. It was used on us here in Maine about 18 months ago [or was it 30?] by our electricity supplier after being bought out by a foreign megacorp.

    Over that winter, scattered people in rural areas and small towns across the state received huge power bills, including some summer camps that had the power turned completely off for the season. No one but the people affected would have known about it or about the power company's refusal to inspect the matter if those affected hadn't connected by internet, because no one else in their area had that problem. There was a strong internet response, but the matter is still unresolved. Scattered people with thousands of dollars of bills are constantly being threatened with disconnection, even when they are trying to pay off what they don't owe. So the international power conglomerate still has those "assets" on their books and scattered innocent people are still being terrorized. The state's legal system is trying to remedy the matter, but who do you think has a bigger legal budget, a little state with 1.3 million people or a major international conglomerate? And what if another conglomerate decided to do something else in this manner to another group of scattered people? And another...  And there are so many ways to scatter people: location, race, religion, gender, political...Sound familiar? It should.

    To come full circle, the big guys know exactly how to pull our lives out from under us without herd rebellion. They've done it, they're doing it, and they will keep on doing it.

    Sorry. As usual, I have no solution. I'm just hoping that those big guys hate each other enough that they will end up screwing up by trying to shaft each other.

     

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  • Sun, Apr 25, 2021 - 10:19am

    Pipyman

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    Me too

    But that won’t be good for us anytime soon.

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  • Sun, Apr 25, 2021 - 10:26am

    Tycer

    Status: Gold Member

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    Internet security? This from ZH

    https://www.zerohedge.com/markets/massive-shadowy-darpa-linked-company-took-over-chunk-pentagons-internet-inauguration-day

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  • Sun, Apr 25, 2021 - 11:05am

    Shplad

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    Shplad said:

    Where did I get that information? All over the Internet. History books. Tech articles. I was an IT tech. for 12 years. The Internet was a DARPA-funded project. Go Google it.

    I never said "no portion of the Internet" or "not a single backbone router" would go down. I said the Internet is designed for a nuclear war. It's designed from the ground up for redundancy, and lots of it. I'm not going to explain to everyone here, but if you understand how routing works, you understand it's a very redundant structure.

    Hackers? Hackers will take down the Internet? Come on. Hackers by definition can only have a localized, limited effect or a global but limtied effect. For example, if AWS went down, it could affect users globally, but there are other cloud providers/systems.

    And sorry, there is zero evidence that worldwide power outages are a high possibility, except, perhaps, due to an EMP. Rolling blackouts are by definition, localized, at least maybe to a state or province or two. They're not going to be country-wide unless you live in a small (and probably backwards) country. Not that the power companies are helping, mind you.

    Conflating how "useful" the Internet is in terms of usability/interface with how well it will hold up under ingress is meaningless also.

     

     

     

     

     

     

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  • Sun, Apr 25, 2021 - 11:54am

    #28
    suffix101

    suffix101

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    0

    Internet Security - Next investment?

    So the best investment advice...and I am giving this out for free... pay attention to the next "destraction" and be ready to put your money in the right place. For 911 it was shorting airlines, insurance, etc. For Covid-19 it was Amazon, Big Pharma, Tech. Be ready to jump when they roll out the next one.

    With all this talk about cyber security, and the multiple instances JPow has emphasized it in his public briefings lately, one may conclude this would be “next big thing”. Even DTCC stress test tomorrow has mentioned it.

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  • Sun, Apr 25, 2021 - 12:59pm

    PreCambrian

    PreCambrian

    Status: Member

    Joined: Mar 06 2021

    Posts: 22

    1

    "Hardened" Internet

    https://www.afcea.org/content/internets-vulnerabilities-are-built-its-infrastructure

    https://www.vox.com/a/internet-maps#list-16

    Look at 1, 2, 3, 16, 17, 20

    https://www.thousandeyes.com/blog/internet-outage-reveals-reach-of-chinas-connectivity

     

     

     

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  • Sun, Apr 25, 2021 - 6:02pm

    #30
    westcoastjan

    westcoastjan

    Status: Platinum Member

    Joined: Jun 04 2012

    Posts: 1071

    5

    Taking the 'net down, Canadian style

    https://www.cheknews.ca/internet-down-in-tumbler-ridge-b-c-after-beaver-chews-through-fibre-cable-2-773641/

    😂

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  • Sun, Apr 25, 2021 - 7:11pm

    #31
    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    0

    1 year predictions? who has it correct?

    covid turns ugly, mutates into  a stronger killer,People that say its bogus lose all credibility.

    bitcoin and most all crypto currencies  crash to almost zero... like a (WORLDCOM) event.. as banks collectively  short, an obvious ponzi, pyramid scheme..that has absolutely no checks or balances,for the good of society.

    only for it all to be  reformed under govermental worldwide banking rules,and a much more workable alternate,computer world currency.

    people finally,  wake up,take the virus seriously , after it becomes really deadly for the virus deniers,leading to its gradual extinction..over time...(3 years)...but costing many unfortunate senseless deaths.

    Ivermectin ,at first a help to helping with covid symptoms..is outsmarted by the covid disease.Making it almost moot as a medicine.

     

    fear porn,and conspiracy thinking is shunned,by most educated  folks ,and people  go back to living life.

    A completely avoidable police state is sadly formed in what used to be first world countries with tons of freedoms that now are  no longer possible.... because of government/political/medical system, distrusts.

    Folks who instigate rebellion against democratic government and voting procedures and spew  hate ,are the new police state targets.

    As society has  had enough of demonstrations that lead to further hatreds..media stops covering them..that,eventually  leads to people going back to just trying to make the best out of their lives.

    Covid19 mrna vaccines are found to be  the only ticket to freedom from fear of covid,and death,With those who are vaccinated,sadly asking why there was so much distrust in actual science.

    Fears of what these vaccines could be and become,are replaced with confidence that its really the only way to survive this disease,if people want to be around as they grow older... especially.

    Alien Disclosure is unavoidable as they and our governments,make their planetary presence known.

    Organized Religion attendance falters,  ..as people  leave congregations  because people come to believe that eternal salvation is more about how we treat each other  here on earth ,rather then what faith we demand is correct.

     

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  • Sun, Apr 25, 2021 - 7:37pm

    Quercus bicolor

    Status: Gold Member

    Joined: Mar 19 2008

    Posts: 985

    2

    Interesting Predictions

    What was the process you used to sift through the incredible complexity in the world to settle on them?

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  • Sun, Apr 25, 2021 - 10:38pm

    #33
    davefairtex

    davefairtex

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    Joined: Sep 03 2008

    Posts: 2752

    20

    my analysis

    covid turns ugly, mutates into a stronger killer,People that say its bogus lose all credibility.

    Well sure, in the past viruses mutate to be less deadly, but more infectious.  But This Time Is Different.  And - most importantly - the people that are challenging the prevailing narrative (and - secretly now - making me very nervous) - end up looking bad!  Yay!  Narrative preserved!

    bitcoin and most all crypto currencies crash to almost zero... like a (WORLDCOM) event.. as banks collectively short, an obvious ponzi, pyramid scheme..that has absolutely no checks or balances,for the good of society.

    only for it all to be reformed under govermental worldwide banking rules,and a much more workable alternate,computer world currency.

    The banksters come to the rescue, resulting in the common man ending up on top.  This always happens when the banksters ride to the rescue.  Whew!  Narrative preserved again!

    people finally, wake up,take the virus seriously , after it becomes really deadly for the virus deniers,leading to its gradual extinction..over time...(3 years)...but costing many unfortunate senseless deaths.

    Against all odds, it turns out that the rate of viral infection depends entirely on whether or not people are scared of the virus.  The more scared you are, the weaker the virus becomes!  I think The Lancet had one of those retrospective n=60 million studies on that very issue.  Science tells us that death rates in the really-scared-lockdown-states are half that of the "unfortunate, senseless, death-packed virus denier" states.  "Follow the science!"

    Wait.  You say that's not true?  Death rates are the same?  Not possible.  Fear of the virus is our only possible salvation!

    Ivermectin ,at first a help to helping with covid symptoms..is outsmarted by the covid disease.Making it almost moot as a medicine.

    Man, if Ivermectin actually works, and it really is a generic anti-viral like the in-vitro analysis suggests, I'm going to look and feel really foolish for "following the CNN narrative."  I really, really hope that doesn't happen - even if a whole bunch of people have to die so that I don't feel foolish.  Feeling foolish sucks.

    fear porn,and conspiracy thinking is shunned,by most educated folks ,and people go back to living life.

    I look forward to the day when everyone dutifully follows the narrative, because that makes me feel a whole lot better for having followed it myself for all this time.

    A completely avoidable police state is sadly formed in what used to be first world countries with tons of freedoms that now are no longer possible.... because of government/political/medical system, distrusts.

    Folks who instigate rebellion against democratic government and voting procedures and spew hate ,are the new police state targets.

    Furthermore, anyone who DOESN'T follow the narrative must be persecuted.  Mercilessly.  I'm talking jail time here.  Folks who even consider proposing we "ask for ID before voting" - well, that's just shameless white supremacist insurrectionist systemic racism.  Camps.  Re-education camps.  "Follow the narrative!  Or else punishment will occur!"  Because, democracy.

    As society has had enough of demonstrations that lead to further hatreds..media stops covering them..that,eventually leads to people going back to just trying to make the best out of their lives.

    So - I'm really confused as to why Antifa/BLM are continuing to destroy my cities, which are run by the good, virus-fearing pro-Oligarch mayors.  WTF!  The Bad Orange Man is gone, there's no need to run this con any longer.   I just don't get it.   I know.  Let's pretend it isn't happening, and it will just stop, all on its own.

    Covid19 mrna vaccines are found to be the only ticket to freedom from fear of covid,and death,With those who are vaccinated,sadly asking why there was so much distrust in actual science.

    Fears of what these vaccines could be and become,are replaced with confidence that its really the only way to survive this disease,if people want to be around as they grow older... especially.

    Big Pharma Knows Best.  They've always had our backs.  Nothing happened to me when I took Vioxx.  We need to trust them - and their servants in government - without reservation.  Our very lives depend on it.  In Pharma We Trust.

    Alien Disclosure is unavoidable as they and our governments,make their planetary presence known.

    Organized Religion attendance falters, ..as people leave congregations because people come to believe that eternal salvation is more about how we treat each other here on earth ,rather then what faith we demand is correct.

    So about that "freedom of religion" thing.  Its so systemically-racist 1776.  Can we get rid of that one already?  Please?

    I know.  How about we replace God with a bunch of Greys in a spaceship!  Preferably bearing vaccines.

    ---------

    "Intheor" I'm so happy you stopped by.  It was super helpful seeing the world through your eyes.

    Last point.  Pharma: once a felon, always a felon.

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  • Mon, Apr 26, 2021 - 12:18am

    mememonkey

    Status: Bronze Member

    Joined: Nov 01 2009

    Posts: 188

    19

    Prediction Challenge

    “A completely avoidable police state is sadly formed in what used to be first world countries with tons of freedoms that now are  no longer possible.... because of government/political/medical system, distrusts.”~ Intheor

    Sounds  fun, I love  a good prediction challenge!

    I predict that one year later, ‘ IntheOr’ and other  sheep will still be grazing in the CNN, New York Times, Wa Po pastures, uncritically internalizing  accepting and propagating the manufactured  narratives from the media and their deep state masters and blaming the assigned scapegoats, the White Supremacists, Deniers of all flavors,” Libertarians,  Insurrectionists assorted “boogymyn” and of course Bad Vlad and the evil Russians for everything that is wrong.

     

    All while our Socioeconomic collapse continues apace and our Forever Medical Emergency  joins the Forever Wars as an institutionalized  control tool of the Deep state and the Corruptacracy as they bleed the corpse  of our former Democratic Republic dry and finish the controlled demolition already underway.

    I predict we will spend a gazillion dollars to ”build back better” but nothing will be built and it won’t be better.  Instead the money will end up in the pockets of a corrupt elite and virtue signaling Green New Deal projects doomed to fail because they are  proposed and promoted by functional morons like AOC who don’t understand the energy density of fossil fuels, thermodynamics, Electrical grids and have conflated these  ‘solutions’ with political reformative agendas such as social Justice, Reparations, Socialism,  equity etc.

    I also predict that you and the herd will never recognize or appreciate the irony that we were already living in a Police State and that it was your blind trust in political, medical, governmental, banking and scientific   “Authorities” and your finely tuned’ herd instincts that made it possible.

    I predict that the formerly quaint definition of Science as a methodological process of discovery that involves continuously testing and falsifying a hypothesis using data will continue to be redefined as what the media tell us the ‘authorities say it is Similar to the word truth  or the concept of free speech which is dying a similar death.

    mm

     

     

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  • Mon, Apr 26, 2021 - 4:57am

    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    1

    intheor said:

    Common sense,and almost 7 decades of watching how things birth,mature,and end ,here on earth,over and over.

    Lots of things get the required minimal lip service only to end up being passed to the  back  of the list..to be replaced by the next,big thing,that gets attention.

    Some,headway is achieved but always not enough for all voices.

    Covid19 is a wrench in the works.Not prepared for.

    The internet revolution has led to ,Not  Only,People waking up and becoming educated,..but the dark side as well  ,of turning otherwise good people against each other for minor differences.

    Our" Melting Pot" country, has now come full circle ,only to start crumbling with the injections of fear ,and hate, from the shadows ,now bleeding on to  main street,causing major disruptions that have no lasting  solutions in a country so rebellious and diverse..

    we will have to live with it..

    change is always rejected ,but this country ,IS,evolving..

    Some see it as better,some see it as the end of life as they knew it.

     

    Unproductive false  righteousnesses,often cloaked unfortunately  in religion ,will be discovered by all for what it is.

    The result?

    A" Middle Ages ",response,by Police,(think China,)is what the remedy will be.

    Society will demand it.

    Revolutions that are started on principles that hold weak merit for society as a whole,

    always end up coming up short for all parties involved.

    What some think is a coming race war,?or a fight for freedom?will end for them as a prison term.

    Society demands it.

    We live in one of the most wealthy , free countries on earth...Sadly some do not value what they have..until they lose it.

    Thats the way I see this one playing out.

    Do not shoot me for seeing it as I do.

    As one with Icelandic heritage,changing the certainty of demographic shifts is a hard road to travel.

    Eventually,America turns into an economy similar to  a Mexico type society,of have and have nots.,due to its inability to act as ONE people.

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  • Mon, Apr 26, 2021 - 6:04am

    intheor

    intheor

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    Joined: Apr 23 2021

    Posts: 75

    0

    intheor said:

    Dave,Big Pharma ,although not perfect,has saved my life multiple times.

    When Stroke,Heart problems,various diseases that come to you as you age..come for a visit,have the emt folks rush you over to your naturalpaths house ,For some herbs.

    When our leaders in our faith in God ,direct us all into the direction of sacrificing ourselves to a killer disease that can wreak havoc on our health ,if we even survive its initial attack..I Pass.

    Your assessment of "Bad Orange Man Gone"is wanting.

    Orange man ignited what is happening to our cities,he is far from gone.

    He has opened a wound that will take decades to heal again..but most likely never heal ,to the wants of BLM.

    Yes its overboard ,I agree.

    But Human nature always is always looking for an opportunity.

    I myself Back the police 100%.

    Its an unforgiving Job,that makes society livable,without it,we do not have a workable model of life.

    Alien Life?

    God?

    Your call..

    The world was thought flat by all at one time,who knows?

    Covid IS NOT A GARDEN VARIETY VIRUS!

    It is a lab created mix of  Sars 2,(hiv)(aids),as well as Ebola type properties all wrapped in a corona( Cold virus) delivery system.

    believe what you want ,at your own peril.

    Ivermectin will go the way of other sound treatments of the time,as covid19 evolves.

    Bank on it.

    Crypto that Millenials decide to call the new   medium of exchange over night.

    because they want it so?really?

    I have a bridge to sell you.

    you will see,just as others have ,in other ,get rich quick schemes.

    count on it.

    You live in a controlled world in some aspects..

    What you want..is not always what we get.

    Everyone does not always follow societys narrative,thats why we have law.

    protesting, of ANY kind, that turns ugly,is not protesting anymore,

    its lawlessness.

    Law is the only thing that makes a society work.

    Life and folks are not always perfect.

    Demanding that they are,or else...is asking for a bit too much,

    BLM, rallys and media that do not address the demographics of violent crime statistics,are telling us  only half of the story.

    What is being ignored ,is What a cop and his or her family go through every day that their life is on the line at work.

    This is not productive at solving anyones needs.

    I think new police weaponry that is the next generation of a stun gun,but much more effective ,is what is needed.

    It exists..time and a need for a better solution will drive its emergence.

    The same device will also be used on supposed Peacefull (Protesters),that carry clubs.

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  • Mon, Apr 26, 2021 - 9:08am

    #37

    JAG

    Status: Platinum Member

    Joined: Oct 26 2008

    Posts: 818

    5

    Punctuation

    intheor: Common sense,and almost 7 decades of watching how things birth,mature,and end ,here on earth,over and over.

    If you are almost 70, why do you write like a teenager? If you want to be taken seriously, use punctuation and structure your thoughts into sentences. Your "writing" is so sloppy that it appears to be done on purpose.

    I may not agree with DaveF, but at least I can read his thoughts.

     

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  • Mon, Apr 26, 2021 - 9:16am

    #38
    davefairtex

    davefairtex

    Status: Member

    Joined: Sep 03 2008

    Posts: 2752

    14

    follow the science

    As you can see in the chart below, the number of infections in most of the Oligarchy-run states show very little difference in infection outcomes, in spite of the strict mask rules, lockdowns, the closing of businesses labeled as "non-essential." Michigan is the sole standout.

    It looks as though Alex Berenson is right: "Virus gonna virus" no matter what us puny humans try to do.

    Unfortunately,  being forbidden by the Governor to take your boat out onto the water didn't actually translate into fewer deaths for the citizens of Michigan.

    And Hiding in the Basement strategy imposed by the Oligarch-factotums didn't result in a lower case fatality rate either.

    And there was this paper by Kaiser Permanente that showed how critical exercise was to avoiding COVID19 infection.

    https://bjsm.bmj.com/content/bjsports/early/2021/04/07/bjsports-2021-104080.full.pdf

    Lockdowns are - best case - ineffective. Worst case, they led to a lot more death and suffering due to less vitamin D, and lowered physical activity.

    Follow the science?

    -- And - uh - JAG, do you have any data that counters any of what I'm saying?  Like a compelling chart that shows just how well masking and lockdowns work?  Thanks for appreciating my punctuation though.  🙂

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  • Mon, Apr 26, 2021 - 12:38pm

    #39
    Mysterymet

    Mysterymet

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    Joined: May 23 2020

    Posts: 380

    7

    Punctuation

    intheor writes like a crappy AI program.  The programmers need to do a bit more work on him. 

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  • Mon, Apr 26, 2021 - 1:02pm

    Pipyman

    Pipyman

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    Posts: 223

    0

    Yes

    Did wonder...

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  • Mon, Apr 26, 2021 - 1:49pm

    intheor

    intheor

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    Joined: Apr 23 2021

    Posts: 75

    0

    sorry JAG

    A blue collar guy at heart, I am.

    I will try to please the grammer police in the future.

    I did not think sharing a few thoughts was a submission for underwriting.

    Anyway ,like I said,I call it like I see it.

    I have been wrong a few times ..but mostly see  and call the trend ,if nothing else.

    As far as the  conspiracy" brother",lifestyle?

    Life is too short to question everything

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  • Mon, Apr 26, 2021 - 2:02pm

    #42

    SagerXX

    Status: Gold Member

    Joined: Feb 11 2009

    Posts: 684

    12

    "Life is too short to question everything"

    We don't have to question everything, just the motivations of the sociopaths among the elite who feel entitled/call/compelled to do evil sh!t Because Reasons (often, mere profit suffices, but "to save the world" is another goodie).

    And for what it's worth, proper punctuation and spelling and so forth is in my opinion a reasonable barometer of an individual's mental hygiene.  YMMV

    May Fortune smile upon us all!

    VIVA -- Sager

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  • Mon, Apr 26, 2021 - 2:34pm

    Pappy

    Pappy

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    Posts: 221

    13

    Pappy said:

    I'm not going to knock your grammar.  I understand not all of us are eloquent writers.  Writing is a skill that requires constant exercise to strengthen and perfect.  Your typical blue collar man as you profess to be will be excused for his lack of literary finesse. Plus it seems like you may be typing on a phone, I may be wrong.

     

    MY TWO CENTS - I think what most of the responses you have had to your posts are hinting at is the thought process you laid out is rambling and unorganized, and not backed up by facts or even personal anecdotes that explain your beliefs and predictions.

    And there are many rambling half sentences and concepts, not just a few shared thoughts.

     

    Maybe I'm being a reductionist jerk here, but the things I really gleaned from your posts was:

    1. you will all comply to the narratives of mRNA vaccinations (or be arrested)

    2. inevitable police state, but you agree with 100% of all policing so "hurray for you" I guess

    3. a new, better digital way of money will happen

     

    If it was a more organized set of predictions and a little more succinct, we might be able to have a discussion or even a partial understanding of your sentiments.

    Anyways, try a little harder to present one or two ideas at a time and back them up with evidence or anecdote.

     

    Or you will need to buy an inflatable donut for your chair as you will continue to be ripped a new asshole every single time you post in the manner you already have..

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  • Mon, Apr 26, 2021 - 2:56pm

    thesecuritygirl

    thesecuritygirl

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    Joined: Mar 23 2020

    Posts: 194

    4

    Pappy

    Holy shoot.  Haven’t laughed so hard in months!!!

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  • Mon, Apr 26, 2021 - 4:51pm

    Mysterymet

    Mysterymet

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    Joined: May 23 2020

    Posts: 380

    2

    Pappy wins the internet for the day!

    This site has taught me to really evaluate my beliefs and even got me to dip a toe in the crypto pool. If someone is willing to listen as well as give their opinion they may find they learn something. If they want to just spout off random msm talking points in an incoherent manner they will not learn anything. Then again if they are just some AI designed to spout stuff on various internet sites they will continue to do so. Its what my applied AI would do if I set it up to do this and not process control!

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  • Mon, Apr 26, 2021 - 5:02pm

    Quercus bicolor

    Status: Gold Member

    Joined: Mar 19 2008

    Posts: 985

    2

    I forgot to laugh the first time

    Thank you securitygirl.  I read that far too carelessly the first time (or maybe it was just he rather excellent chocolate chocolate chip ice cream I was eating and still am eating)

    Pappy's last one-sentence paragraph is a real doozy - definitely worthy of the belly ripping laugh it triggered on the second read.

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  • Mon, Apr 26, 2021 - 6:07pm

    Mpup

    Mpup

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    Joined: Mar 01 2020

    Posts: 309

    9

    Reply to intheor

    intheor, hope this finds you well.  Seems as though you've become a sandspur for some folks around here.  Differing perspectives elicit differing comments.  Differences of opinion are what make a forum interesting.   Your thought about "Law is the only thing that makes a society work." puzzled me.

    I would respectfully disagree with you on this point.   While the "law" is adhered to by many out of fear, it certainly "doesn't make a society work."  We see our society in decline even as more laws are passed.  For many, laws are made to be broken.

    While perhaps most here don't agree with or understand the concept of the God of the Bible, (because they haven't read it or accepted it as truth) the New Testament teaches that a change of heart and mind is that which through the Holy Spirit tells us right from wrong, guides us, and creates within us the desire to do that which is right.   There are several New Testament references to fulfillment of the law.  Paul's letter to the Romans chapter 13:9-11 expresses it well.

    "9 The commandments, “You shall not commit adultery; You shall not murder; You shall not steal; You shall not covet”; and any other commandment, are summed up in this word, “Love your neighbor as yourself.” 10 Love does no wrong to a neighbor; therefore, love is the fulfilling of the law."   

    I would submit to you that it is not laws that make a society work, but ultimately love.  We need fewer laws, more love, and the desire to live righteous lives.  I'm confident one may have love and live a righteous life without biblical truths, but how much better is it that one finds the reason for his or her love?  Ergo the New Testament.   Be well sir.

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  • Tue, Apr 27, 2021 - 2:46am

    #48
    Wilco

    Wilco

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    Joined: Apr 23 2015

    Posts: 59

    2

    In regard to the internet and stability

    FYI and FWIW, I just finished Nicole Perlroth's book, They Tell Me This Is How The World Ends. It's a deep dive into the world of zero-day exploits (security holes in software) and I found it very insightful. We (humanity) have created another class of weapons waiting to be used or abused. There's mad money involved too. I recommend the book: https://www.goodreads.com/book/show/49247043-this-is-how-they-tell-me-the-world-ends

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  • Tue, Apr 27, 2021 - 3:29am

    VTGothic

    VTGothic

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    Joined: Jan 05 2020

    Posts: 781

    11

    Solzhenitsyn's prescience, 1983

    @Mpup wrote

    I would submit to you that it is not laws that make a society work, but ultimately love.  We need fewer laws, more love, and the desire to live righteous lives.

    Your words, Mpup, made me think of Solzhenitsyn's thesis:

    [I]f I were asked today to formulate as concisely as possible the main cause of the ruinous Revolution that swallowed up some 60 million of our people, I could not put it more accurately than to repeat: “Men have forgotten God; that’s why all this has happened.”

    ... And if I were called upon to identify briefly the principal trait of the entire 20th century, here too, I would be unable to find anything more precise and pithy than to repeat once again: “Men have forgotten God.” The failings of human consciousness, deprived of its divine dimension, have been a determining factor in all the major crimes of this century.

    ... Dostoevsky warned that “great events could come upon us and catch us intellectually unprepared.” This is precisely what has happened. And he predicted that “the world will be saved only after it has been possessed by the demon of evil.” Whether it really will be saved we shall have to wait and see: this will depend on our conscience, on our spiritual lucidity, on our individual and combined efforts in the face of catastrophic circumstances. But it has already come to pass that the demon of evil, like a whirlwind, triumphantly circles all five continents of the earth.

    We are witnesses to the devastation of the world...

    -- Aleksandr Solzhenitsyn, his Templeton Prize speech, May 10, 1983

    Source

     

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  • Tue, Apr 27, 2021 - 5:20am

    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    1

    tough crowd

    Pappy,my take on how folks react to another posters opinions,is this.

    When a person presents ideas that differ from the main consensus,A (take down attempt)is what this person is presented with.Unfortunately.

    It reminds me of the bully behaviors in grade school,so often found.

    If this person , agrees with the main,he is found worthy and accepted into the club,so to say.Regardless of personal faults.
    If not, he or she is ridiculed and belittled in all sorts of ways.
    Its just how people are.
    A situation that is unfortunate,if anything.

    Pretty much ,telling,of the kind of folks one is dealing with.

    I thank you ,for tolerating my grammar.As I said I am working on it.

    I stated ,that I do not care if people get the jab.
    At this point, my faith in the goodness of the majority of folks,has taken a large hit.
    Concern for others,that are not as robustly healthy, is obviously not high on the list,for most.
    The result?
    A darwinian situation ,I believe.

    Actually ,A test from God,is what this all could be.
    IMHO.

    Nothing in life,happens without a plan.

    I have lived long enough to find this as truth.

    Its just unfortunate ,we can not all work as one,at least for this (one chapter) of our lives.
    But so be it.
    Arrested?
    Although,getting arrested for coughing  directly on someone for spite,when obviously harboring a killer disease (to a subset of our population),IS warranted,at least in my book.

    If you want to see what America can turn into, with out the rule of law?

    Go to DADE county in Florida.

    Without police,and the rule of law,society does not work.

    Good folks have a hard time existing among the muck.

    There is  your personal anecdote.

    As far as the crypto boom?

    I lost a lot of money in the (bree X) scam,lost money  in the (dot com)internet bubble ,did a bit better in the housing bubble,but still took it on the chin,to a point.

    I owned Home Stake mining,a(large position),when out of nowhere,the government came along and without warning sold my position for me, out of some (imminent domain) type crap.
    Crypto land?

    No thanks.

    Anyway,this may not be the forum of original thinkers ,I thought it was.

    sorry again, if this all appears as a ramble.

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  • Tue, Apr 27, 2021 - 6:05am

    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    0

    Thank you for not tugging at my inflatable tube.

    Mpup,

    As a person that served as an Alter  Boy (Person), in the catholic church as a youth,

    I see you have a kind heart.

    That will serve you well in this life and in the next.

    Laws...

    Yes,some are not perfect..I agree.

    But,without a basic set of them,were doomed.

    The over reach that many claim,and protest these days,imho,is just an excuse for getting their own personal wants and needs met ,without considering what that may do to others.

    Covid lock down rules are difficult,but WERE needed to minimize damage of health and save lives.

    Take blm.

    Are there some bad cops?

    YES...

    But VERY few.

    The broad brush painting of law enforcement,these days, is a major kick in the chin to those who risk everything,to give us all a workable world to raise a family in .

    The few ,over zealous cops, for sure, should be rooted out.

    When  a person does not do EXACTLY as an officer tells them to do,in a confrontation with the law,both parties are at risk.

    This is the problem.

    Nobody talks about this in the blm issues.

    The elephant in the room.

    George Floyd was something different ,though.

    But the disrespect I see to all law folks,makes me sick.

    (some Lawyers excluded)

    On  Bible passages,many folks  I find abuse this.

    Not you,but many,even of those close to me.

    I find,the picking and choosing ,and using of this book to shame others ,while entirely living a life, not in accord to the instructions of Jesus..is astounding.

    Such as the preachers instructing their congregations to avoid the safe gaurds of Covid19.

    Many folks (older),were then struck with the disease,suffered horribly and died.

    Some of these same preachers died as well.

    God trying to tell us something?

    I will leave that one to you.

     

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  • Tue, Apr 27, 2021 - 6:09am

    #52

    JAG

    Status: Platinum Member

    Joined: Oct 26 2008

    Posts: 818

    2

    My Apologies

    Hey intheor,

    I'm sorry. I should not have attacked the way your message was delivered, especially when I agree with what I think you are saying.

    Over the years here, I've seen members create new identities in order to express an opinion that is not popular in this community. Often, they will change their writing style in an effort to hide their true identity. I ASS-U-ME(d) that might be the case with you, but I'm probably wrong.

    A decade ago, I took the name Captain Sheeple here in protest of the idea that the members of this community were smarter than the average Joe. My family and friends in my actual life have ignored all the frivolous theories, suspicions and fears that endlessly loop in conversation here, and they have done much better in life because of it.

    Everyone wants to feel superior to someone else, and that is a real problem, both personally and communally. If your right hand hates your left hand, and your left hand hates your right hand, how is your body going to function?

    Again, I'm sorry for bitching about your writing.

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  • Tue, Apr 27, 2021 - 6:26am

    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    0

    intheor said:

    Thanks,

    My hope for humanity just got a boost!

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  • Tue, Apr 27, 2021 - 6:32am

    #54
    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    0

    there is something about this that is hard to comprehend for me

    https://www.theguardian.com/world/2021/apr/27/new-zealand-loses-top-spot-for-best-place-to-be-during-covid-to-singapore

    Why was our first world country,not at the top of this list?

     

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  • Tue, Apr 27, 2021 - 2:34pm

    Helix

    Helix

    Status: Member

    Joined: Sep 20 2008

    Posts: 93

    3

    The printing will end when the currency is worthless.

    It's clear to me that there are only two possible things that will end this. First, Congress decides it's going to curtail deficit spending. This could happen if the Congress and the Presidency are held by different parties and Congress smells blood. A huge crash would immediately follow, of course, and Congress would take some fire over such a move, but history shows that it's the President that ends up taking the rap. Just ask Herbert Hoover. And the Congress knows that.

    The other endpoint is reached when the currency becomes worthless. Which the dollar is in the process of doing. The price of lumber, for example, has tripled over the last 18 months. Everyone says "Oh, it's a cyclical industry. Prices will eventually come back down." Really? Why would they come back down if people are willing to buy lumber at the current prices? Clearly, all the recent financial largesse has bled out into the economy to some extent in order to support those prices. Those prices could stay here for years. Or rise, depending on the size of the next "stimulus" bill.

    Real estate?. Ditto. I recently saw a homeowner reject a full-price offer for his property -- something I have never seen before -- and add $54,000 to his asking price. And immediately got it. Looked at cars lately? Forget dickering over the price. You're paying full MSRP now, plus "dealer prep" fees, "document" fees, "license processing" fees, and, of course, taxes. OK, I can hear you now: "Yeahbut that's because there's a chip shortage so they've had to close some plants." Uh huh, but it might be best not to hold your breath until those plants reopen. And even then, do you think the price of cars will come down?

    The endgame begins when the costs of financing the federal deficit begins to outrun tax revenues. At that point, continued printing is necessary just to finance government operations such as Social Security/Medicare, Defense, and the various other 3-letter government departments. The situation is then mathematically hopeless.

    In short, Central Banks are facing an insoluble dilemma: stop printing now, bond prices rise, and servicing the government debt skyrockets the next time the debt must be rolled over. In the real economy, prices crash as the easy money dries up, and there's rioting in the streets.

    Or keep printing, inflation kicks in in a big way, people can no longer afford basic necessities, and there's rioting in the streets. It just takes longer to get there.

    Historically, governments (and their central banks) have universally opted for the second course of action.

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  • Tue, Apr 27, 2021 - 4:14pm

    brushhog

    brushhog

    Status: Gold Member

    Joined: Oct 06 2015

    Posts: 830

    1

    brushhog said:

    "The endgame begins when the costs of financing the federal deficit begins to outrun tax revenues"

    I hate to break it to you but I think we passed that point a very long time ago. I think 10 years ago revenues were about 2.5 trillion and expenditures were around 4.5. Pretty sure its worse now.

    You'd have to go back a long way to find the time when revenues paid for government spending.

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  • Tue, Apr 27, 2021 - 4:52pm

    #57
    Steven Kelso

    Steven Kelso

    Status: Silver Member

    Joined: Aug 22 2018

    Posts: 253

    4

    The Printing Never Stops, It Migrates to a New Press

    There is a small faction of the Davos Club that wants to maintain majority share of Earth in western control, whilst simultaneously squeezing the western "citadel" of all it's remaining wealth. They want to have the cake, and eat it, too.

    Plenty of the ownership class would be fine with China's full spectrum dominance model, which they arguably have perfected. So our question should be: how do we instigate Divide & Conquer® amongst Club Davos?.....Rather than getting into a pissing match with some foundling account on PP less than a week old?

    If you're new here, welcome. Please watch the Crash Course and read Prosper! before engaging too much with the community. I know you're here to learn and there are resources here for those purposes. Respect that many of us have been mulling this crap over for decades, at least.

    As for when the money will stop printing? The space agencies give you all the clues you need about whose going to be the prevailing hegemon in the 21st century.

    The money stops printing when the press is physically and spiritually destroyed_

    P.S.
    USD and GBP are the longest running fiat currencies in history......until the day after tomorrow.

    P.P.S.
    Any Cyber-Pandemic investment ideas are still very much welcomed, thank you.

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  • Tue, Apr 27, 2021 - 7:20pm

    Helix

    Helix

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    Joined: Sep 20 2008

    Posts: 93

    0

    Helix said:

    I hate to break it to you but I think we passed that point a very long time ago. I think 10 years ago revenues were about 2.5 trillion and expenditures were around 4.5.

    Perhaps I did not express myself clearly.  The point of no return is reached when the cost of servicing the federal debt -- that is, the interest on the debt -- exceeds tax revenues.

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  • Tue, Apr 27, 2021 - 8:29pm

    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    0

    new here

    Yes ,

    I am new here.

    I get the rating system,and its allure to all.

    The" circle" movie,painted the picture,of a futuristic society..and I believe its here.

    and it sucks.

    Me?

    I am not really into  the (looking  for Pats on the back)type discussion.

    But if it works for you guys ,fine.

    What I look for?

    Just a good exchange of deep thoughts,with out all the power stuff.

    Charts are good ,but they are  often like articles,swayed by who ever provides the stats.

    but enough of them from a variety of sources..tells the true picture of anything.

    We are learning this with Covid.

    Both the truth,and the politics,

    in spades.

    I personally look for trends,that build on each other.(Not from the trend Guy)

    You all Know who he is.

    What I see here is a good amount of intellect ,wasted with too much conspiracy,

    Y2k any one?

    In ten years,what we thought was So important,turns out,not so important.

    As "REAL LIFE"passes us by,we have REAL regrets.

    Are we Doing as Dr.Chris suggests?

    Looking at whats important?,or losing ourselves in political/conspiracy

    Bullcrap?

    How about The important stuff.

    Spouses,(good and Bad),Kids,Great!(only Bad if you screw it up)(and keep screwing it up),out of selfishness.

    Look.

    The way I see this  present situation playing out is just like the 70's

    just like the 90's

    just like 2010

    prices across the board increase by 30% roughly.

    houses,utilitys,food,ect.

    wages follow at about 5 years to catch up.(unfortunately)

    Every time.Count on it.

    With the exception of higher education.

    That increases 4 fold.

    Greedy smart people,or just greedy,in charge of that.

    This is the only way inflation hits us.Its a decade thing,(or every other,decade thing.)

    With deflation forever occurring in the (in between.)

    All resolves itself in NEW,higher prices,and the game goes on.

    The price of lumber, Will go down,but not back to pre- crisis levels.

    But,

    It all works..

    IF,the other countries  in this game,allow us to continue to  play the Petro - dollar game .

    Lets hope they do not say,

    "HEY!..your stock market supporting your dollar is all based on Crap!"

    What happened to P E. ratios???

    "Hell..we can play pump and Dump ourselves!"

    This...is what is at hand right now.

    Crypto?Tesla?techs?

     

    How it ends?

    IMHO,

    Like every other time.

    The world lets us continue,hopefully.

    After a reaping.

    A 401K,reaping.

    United States  of America,

    Supplying the best structure to run a paper game.

    Crash and Burn?

    Crash ?

    Yes.and recover.

    Burn?Its different this time?

    NOPE,

    All world countries,still in the game.

    I hope.

    Do not get caught in the hype.

    Gold,what the powers behind the powers  hold.

    again and again.

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  • Wed, Apr 28, 2021 - 5:50am

    Steven Kelso

    Steven Kelso

    Status: Silver Member

    Joined: Aug 22 2018

    Posts: 253

    1

    Do Russian Bots Read Wendell Berry?

    “Circle movie”? Huh? You mean the 4 hour plus video exposition outlining the exponential function and its relationship to ecological carrying capacity and monetary systems?

    With all due respect, I get the feeling you didn’t watch it. You come across as someone who wandered into the middle of a movie and has no idea of what’s going on. I suggest you need to brush up on your research.

    We can suggest a very long reading list, I’m sure.....which includes Prosper! And the countless of online threads dedicated to actionable resilience skills located on this site.

    What concentration interests you most?

     

     

     

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  • Wed, Apr 28, 2021 - 7:16am

    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    0

    No,this movie.

    https://en.wikipedia.org/wiki/The_Circle_(2017_film)

    Explains a lot about where we are going.imho.Unfortunately.

    You do not have to be a wizard at quantum physics to understand the basics of economics, life,and people.Just a good observer.

    Facebook,twitter,people with their faces jammed into cell phones 24/7?

    Sometimes ,life is far less (cloak and dagger),then what one wants it to be.

    I am glad I am old.

    The superiority complexes that run rampant these days,are legendary.

    Putting others down, to promote ones own worth and status ,is well?

    Just not how I am wired.

    Good Luck with that in life.

    Life can be a cruel Head Master.

    Really,watch the movie,if you have not done so.

    What I have observed with the younger generations inability to grasp what life is really about,is sad.

    Old or Young,we can all learn from each other,if you feel superior then others?imho,you miss the whole point.

     

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  • Wed, Apr 28, 2021 - 7:31am

    Matt Holbert

    Status: Bronze Member

    Joined: Oct 03 2008

    Posts: 125

    3

    Almost all homes in my zip code sell for more than asking price...

    I recently saw a homeowner reject a full-price offer for his property...

    Sellers/Realtors know that there will be a bidding war for most homes and are not too concerned with the asking price. They list the property and over the next 3-4 days rake in the offers and pick the highest. Go to Zillow and enter 99205. Check out the number of homes that are for sale -- very few -- and then check out recent sales. Although the neighborhood is full of for sale signs, the properties are pulled from Zillow in 3-4 days.

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  • Wed, Apr 28, 2021 - 7:58am

    #63

    Jim H

    Status: Bronze Member

    Joined: Jun 08 2009

    Posts: 1592

    9

    Intheor, master of rhetorical games

    Looking at whats important?,or losing ourselves in political/conspiracy

    Bullcrap?

    How about The important stuff.

    Spouses,(good and Bad),Kids,Great!(only Bad if you screw it up)(and keep screwing it up),out of selfishness.

    You see folks.. it's an either/or.  You can't both love your family AND think these conspiratorial thoughts that you do.  This poster has an agenda.  It's targeted very precisely at the kind of thoughtful folks that come here.  The posting intensity suggests a mission is at hand.  This is my opinion.

    Now for some science... a very incisive new post by Denninger going into the nature of natural immunity vs vax - here is an excerpt;

    https://market-ticker.org/akcs-www?post=242205

    Note that when you get the shot the first thing you get is antibodies; you may get a T-cell reaction. This pre-existing knowledge, from SARS (CoV-1) entirely explains why people who just got vaccinated often get hammered by the virus and frequently end up in the hospital or die. It marks the premise of attempting to vaccinate out of a pandemic where transmission is actively occurring as stupid.

    You go get the shot. Five days later you get the virus. You have not yet developed immunity and the partial expression makes it worse.

    You would have been better off, by far, taking the same infection straight up front. It likely would have harmed you less.

    This generally applies, by the way, to all vaccines and all viruses. The government and researchers know this. They've known this for decades. It's fact. It's why you don't wait until the measles is raging around you to get a measles vaccine and the same is true for the flu shot; you get it before the flu season starts for this very reason. Attempting to vaccinate out of a raging infection does not work and in fact kills people.

    Yeah, if you don't get infected during that latent period you get protection. But if you do get infected you're screwed and all of the two-dose shots have a roughly four week window during which you get hosed instead of protected. Israel's data, by the way, proves this is real; Berenson has been reporting on it since the beginning of the year and I've noted it as well.

    If you remember I've also pointed out that multiple studies have shown that somewhere between 30-50% of the population is T-cell reactive to Covid-19 despite never having had it, nor SARS or MERS, its alleged "precursors." But those studies were non-specific; that is, they looked for T-cell reactivity but never tried to identify the specific protein sequences and their part of the whole that was involved. This study does, and it finally puts light on basically the entire reason that what we've done is not only wrong it's criminally stupid.

    These folks did what we should have done originally -- they isolated a panel of 120 peptides that comprised roughly 10% of the entire virus, containing 57% and 1% of the nucleocapsid and spike proteins. Note that while the "spike" facilitates entry into the cell there is evidence that it is, standing alone, pathological -- that is, it causes disease in the human body without the rest of the virus. The nucleocapsid portion, on the other hand, is the part that is responsible for replication; if it is tagged and the cell containing it is destroyed then viral replication is prevented even though penetration of the cell has occurred.

     

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  • Wed, Apr 28, 2021 - 9:26am

    #64
    westcoastjan

    westcoastjan

    Status: Platinum Member

    Joined: Jun 04 2012

    Posts: 1071

    6

    re real estate insanity - Canada is off the charts

    Helix said in #55:

    Real estate?. Ditto. I recently saw a homeowner reject a full-price offer for his property -- something I have never seen before -- and add $54,000 to his asking price.

    Here in Victoria BC a friend recently sold her home for a 250,000.00 over asking. Insanity does not begin to cover this. Our average single family home price is now over $1 million. The methods real estate agents are using now is list a place for a week and say they will take blind bids on Saturday. You just have to go in and make an offer with no idea what you are competing against. And forget putting any conditions on your offer. In the above mention sale there were 8 offers and I think she said all were over asking.

    Rationality has left. This kind of thing is taking place all across the country as FOMO creates hysteria, and work from home has seen folks move en masse to smaller cities outside of major urban areas. Many small cities and towns have seen real estate prices double in short order. It is truly, truly nuts - all the more so for happening in the middle of a pandemic. Like, WTF?!?

    My take: TPTB are printing like crazy and doing whatever they want because it is part of the engineered collapse and transition to central bank digital currencies and the Great Reset. Everything they do now is going to be written off so it is all meaningless in so far as the existing financial system goes. They do it knowing it does not matter.

    I do foresee a financial system take down via a cyber attack or other means as this is necessary to birth the new system. They cannot implement what they want to do as long as the existing system is in place. And as long as the existing system is in place, the more they will print and throw money to the wind since they know it is all essentially dead money walking.

    Ditto for the population and our future - the pandemic, the jabs (I am refusing to use  the v word). This is depopulation and preparing the survivors for what comes next. The Canadian Liberal Party (J Trudeau et al) approved UBI at their recently policy convention. The recent federal budget did nothing to cool the housing market insanity. It is almost a who cares, let it happen kind of mindset IMHO. And I think this is because they know it is all going to be moot when the next phase of the Great Reset is unleashed on us. We know they are planning a Cyber attack simulation in June-July. We have seen this playbook before.... I foresee, perhaps this fall, what they will next name Covid 21, will be released in conjunction with some kind of a Cyber take down from which we will later (weeks or months) emerge with a new digital financial system under which we will be well on our way to the new rental system that goes by the maxim 'you will own nothing and be happy', solidifying, clarifying our status as feudal serfs. It will take time of course to loop us all in but I do believe that is where we are heading.

    The new feudal era of debt serfdom - ptaka71907

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  • Wed, Apr 28, 2021 - 9:33am

    #65
    davefairtex

    davefairtex

    Status: Member

    Joined: Sep 03 2008

    Posts: 2752

    11

    I agree with JAG - kind of

    JAG-

    Over the years here, I've seen members create new identities in order to express an opinion that is not popular in this community. Often, they will change their writing style in an effort to hide their true identity. I ASS-U-ME(d) that might be the case with you, but I'm probably wrong.

    I have seen this same thing also.

    I find myself agreeing with you, even though - amusingly - you are not even agreeing with yourself.  Ah, the irony.

    The amount of energy put into this effort is a clue.  The first few posts, no big deal.  But after a dozen?

    Still, our new friend does provide a bit of practice.  He really does embody the CNN narrative pretty well.  I get to hear CNN summarized, without having to wade through it myself.

    "Be really, really scared, the virus will kill us all, all the "covid-non-believers" will burn, and boy will they deserve it (does that just feel like the Evangelicals of old or what?), God will be replaced with the Greys..." - what did I miss?

    I have to say, the Oligarchy really are pretty slick.  They manipulate the narrative on both sides so that the plebes hate one another, so they can continue their harvesting operation completely unmolested.  Sickcare at 20% of GDP is just one example.  Sure has worked so far.

    Is "intheor" part of this manipulation?  Definitely.  I just can't tell if he is an agent provocateur, or a useful idiot.

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  • Wed, Apr 28, 2021 - 9:51am

    #66
    brushhog

    brushhog

    Status: Gold Member

    Joined: Oct 06 2015

    Posts: 830

    6

    brushhog said:

     "I just can't tell if he is an agent provocateur, or a useful idiot."

    Im going with provocateur right now based on Jim H's very astute observation of the rhetoric employed. Seems like posing as a kind of clueless but well intentioned 'regular guy'. Not trying to pick on anyone for the grammar thing, but we all learned how to write in full sentences in 8th grade.

    If anything, their cartoonish imitation of a regular guy shows you the contempt.

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  • Wed, Apr 28, 2021 - 10:00am

    brushhog

    brushhog

    Status: Gold Member

    Joined: Oct 06 2015

    Posts: 830

    0

    brushhog said:

    Perhaps I did not express myself clearly.  The point of no return is reached when the cost of servicing the federal debt -- that is, the interest on the debt -- exceeds tax revenues

    Oh I see. Yes I agree, or at least, in any sane reality it would.

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  • Wed, Apr 28, 2021 - 10:00am

    #68
    wotthecurtains

    wotthecurtains

    Status: Gold Member

    Joined: Feb 27 2020

    Posts: 877

    4

    wotthecurtains said:

    "Everything they do now is going to be written off so it is all meaningless in so far as the existing financial system goes. They do it knowing it does not matter."

    This.   So THIS...  I don't want to hijack this thread too much but the CFTC guys who regulate the Silver markets have given interviews recently about how silly the WallStreetSilver movement is to claim manipulation.  But in those interviews they casually admit to even more than they are accused of.

    The Sprott fund now has considerably more Silver than the Comex Registered inventory.  And the Sprott ETF Silver could be purchased by anyone (and even delivered) at a moments notice.    So why does Comex have pricing power and why does the price Comex dictates never move no matter how much physical is drained away from them?

    Ive said before that the Fed is Americas third Central Bank and its failure will be resolved with the establishment of it's fourth central bank.  Obviously new tech and international developments may make that technically wrong, but the point is it will be a case of "The Kind Is Dead, Long Live The King!"

    Dave F has said that the one advantage that we small fry have is that of being nimble.   Lets all be nimble (about all sorts of things) for the next little while shall we?

     

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  • Wed, Apr 28, 2021 - 1:16pm

    Canuck21

    Canuck21

    Status: Platinum Member

    Joined: Aug 10 2020

    Posts: 883

    1

    Canuck21 said:

    Lowtech ultimately wins every time 🙂

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  • Thu, Apr 29, 2021 - 5:31am

    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    0

    When beliefs differ?

    Sorry to offend you sir,

    But,I do get it.

    Most here are anti-vax.Most here are against government getting too involved in their business.

    Most here have a sincere distrust of the western medical system.

    Most here are VERY conspiracy minded.

    I do not share these phobias.

    I have found,over many years that life is short,and  sure, life IS a puzzle to figure out,but cruel behaviors,to others,are just that.

    Unfortunately,what I have found  here,is a pompus disregard,for alternative opinions.

    The "bully" behavior to  new posters,is a bit more telling,of actual character flaw,then ones grammar,in my book.

    Calling people IDIOTS,for simply sharing their outlook,shows a lack of maturity.

    Should I allow a person that deploys such behaviors to run me off?

    I think NOT.

    Being called a "USEFUL,Idiot"?,

    This really tells another story.

    It tells me there is a lack of self confidence,in ones self.

    That,I can not help you with sir.

    When "regular guys"as I do think of myself as, just want to share some thoughts,and learn a bit,but are met with these behaviors,one has to wonder what this world has come to.

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  • Thu, Apr 29, 2021 - 5:37am

    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    0

    Agenda?

    sorry,just a little more trusting .

    I guess in some eyes,that finds me wanting.

     

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  • Thu, Apr 29, 2021 - 6:07am

    brushhog

    brushhog

    Status: Gold Member

    Joined: Oct 06 2015

    Posts: 830

    8

    brushhog said:

    Sorry to offend you sir,

    But,I do get it.

    Most here are anti-vax.Most here are against government getting too involved in their business.

    Most here have a sincere distrust of the western medical system.

    Most here are VERY conspiracy minded.

    I do not share these phobias.

    I have found,over many years that life is short,and  sure, life IS a puzzle to figure out,but cruel behaviors,to others,are just that.

    Unfortunately,what I have found  here,is a pompus disregard,for alternative opinions.

    The "bully" behavior to  new posters,is a bit more telling,of actual character flaw,then ones grammar,in my book.

    Calling people IDIOTS,for simply sharing their outlook,shows a

    Should I allow a person that deploys such behaviors to run me off?

    I think NOT.

    Being called a "USEFUL,Idiot"?,

    This really tells another story.

    It tells me there is a lack of self confidence,in ones self.

    That,I can not help you with sir.

    When "regular guys"as I do think of myself as, just want to share some thoughts,and learn a bit,but are met with these behaviors,one has to wonder what this world has come to

    Well Ive been listening to you objectively now for several days and havent commented much, mostly because I was waiting to see what you are about.

    Above I have highlighted the very offensive insults which you have attempted to disguise behind the façade of being victimized. I've been studying your MO buddy and you're not fooling anybody.

    Calling people bullies, suggesting character flaws,  and "cruel" behavior doesnt fly while you are simultaneously insulting people and making fun of their opinions [ which you have done, rather passive-aggressively from the very beginning ].

    Your claim of being a 'regular guy' who's here to 'learn and discuss' is just part of your shoddy con. Straight people with honest intentions don't give backhanded insults. If there was anything real about you you'd just come out and say that you despise the people here, and you hold our opinions in contempt. But, of course after that there'd be no more reason for you to be here.

    Your purpose is to troll the site and insult the members but you're not clever enough to pull it off. You bungled it by being too obvious, now you're trying to fall back on being a victim. That wont work either, you've been exposed. Probably time to disappear and come back under a different name...or better yet find something productive to do with your life.

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  • Thu, Apr 29, 2021 - 6:09am

    intheor

    intheor

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    Joined: Apr 23 2021

    Posts: 75

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    intheor said:

    Yes,

    Things are engineered to a point,but  the evolution of the  KING dollar,imho,is going to be announced as a beneficial event.

    It will be gradual at first,and then pick up speed.

    Part of an announced," GLOBAL BASKET OF CURRENCIES"

    A new way to value the worlds reserve currency.

    Did we F*** it up?Partly,but really its a timeline thing.

    The petro-Dollar in decline,needs a  shoring up.

    The pandemic will be painted as part of the reason,this is happening.

    Thats true,to a point,but to think we are at the edge of the cliff,is like waiting for y2k, it will not happen.

    What WILL happen is this.

    Crypto?

    Dead.

    initally,but rebuilt in time with constraints.

    Tesla being revalued to a  sixth of its value.

    Amazon,to half of its current value.

    Apple to a third.

    and so on,and so on.

    Yes, a reaping,but complete collapse? imho?No.

    With the NEW basket of currency system..

    The market will be hampered to spring back

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  • Thu, Apr 29, 2021 - 6:13am

    #74

    roosterrancher

    Status: Silver Member

    Joined: Apr 16 2010

    Posts: 192

    3

    Legal theft

    We bought 86 acres 12 years ago for $3,800 an acre, there was a chunk of property that just sold for 89,000 an acre about 10 miles down the road. Surprise, taxes are going up.

    Our little farm and orchard takes up about 2-1/2 acres of the 86.
    We are in drought and the price of hay is getting stupid if you can find it, just sold our cow herd. Will the county reclassify our unused land? I guess we will find out.

    I am doing some reloading, propellant is not to be found at the old price of  $20 a pound, found a bidding site where they have some for $90 a pound. Just a wee bit of inflation going on in these parts.

    The cost of new construction is astronomical, there just is no inventory in real estate here.

    These do not feel like normal times to me.

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  • Thu, Apr 29, 2021 - 6:33am

    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    1

    When insulted for having an opinion.

    What I see going on here,is when someone does not follow,hook line and sinker,the common mantra being told by a few,they are disrespected,and belittled.

    Is a person suppose to just crawl away ?

    No,thats not how actual truth comes to the surface.

    I am sorry my differing thoughts on these topics differ with so many here.

    But ,being accused of playing a victim,for responding to disrespect for having another opinion,is just more of the same.

    what you consider" VERY OFFENSIVE INSULTS"made by me in the above,imho,is just pointing out fact.

    When you abuse someone,they have a right to set the record.

    sorry if I offended you.

    Being called an Idiot,was just a bit much though.

    I get it,you want me gone.

    I will go for now.You win.

    As far as the topics discussed?

    We will see how it  all plays out.

    sorry to offend anyone,if I did.

     

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  • Thu, Apr 29, 2021 - 6:38am

    #76
    Pipyman

    Pipyman

    Status: Member

    Joined: Apr 24 2011

    Posts: 223

    2

    Lol

    “What I see going on here,is when someone does not follow,hook line and sinker,the common mantra being told”

    nobody here knows what that feels like! Difference being, we can’t get away from it, I’m pretty sure you’ve got plenty of options.

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  • Thu, Apr 29, 2021 - 6:42am

    intheor

    intheor

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    Joined: Apr 23 2021

    Posts: 75

    0

    intheor said:

    I do not" despise",anyone.In fact its of benefit.

    I value differing opinions myself,it's how we all form our outlook.

    Thank you for your perspectives.

    good day.

    intheor

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  • Thu, Apr 29, 2021 - 6:49am

    brushhog

    brushhog

    Status: Gold Member

    Joined: Oct 06 2015

    Posts: 830

    8

    brushhog said:

    Nobody has abused you, you started off by insulting and belittling people for having opinions different from YOU. You're not a victim, you're a bully but like all bullies you are a coward, and so you try to hide behind victimhood.

    You cry out in pain as you strike. Low level trolling. I could at least respect your game if you were good at it.

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  • Thu, Apr 29, 2021 - 7:09am

    brushhog

    brushhog

    Status: Gold Member

    Joined: Oct 06 2015

    Posts: 830

    1

    brushhog said:

    good day.

    So long. See you in your next incarnation.

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  • Thu, Apr 29, 2021 - 7:09am

    Quercus bicolor

    Status: Gold Member

    Joined: Mar 19 2008

    Posts: 985

    3

    Ha! - intheor, you did reply to my comment #32

    I missed that and the conversation was already going in quite a different direction. If you're still here, you said:

    Common sense,and almost 7 decades of watching how things birth,mature,and end ,here on earth,over and over.

    I get that you claim to have some wisdom from living here a while.  That might be true, but I don't know you personally other than through your writing in this thread - and what I see (including in my quote above) are exclusively evidence-free assertions.  So, at this point, you don't have me convinced. And, again, since I don't know you and it's really hard to assess people's motivations on the internet, I can't rule  out "agent provocateur" or, "useful idiot" - no insult intended, just an admittedly disrespectful, but in some ways accurate term for someone who has bought at least part the mainstream narrative without adequately questioning it.

    I think you underestimate the degree to which we bathe in a sea of propaganda and manipulation, all intended to herd us in a particular direction.

    I think you also underestimate how much your own biases creep into your predictions.  For example, ivermectin will stop working, but the "vaccine" will not lose it's effectiveness or cause still undetected long term adverse effects. Sure, it could turn out that way, but perhaps more likely (evidence for that has been presented in many other threads here recently), it could be the other way around.

    Just one more, but I could do this with every claim in your comment #32:

    As society has had enough of demonstrations that lead to further hatreds..media stops covering them..that,eventually leads to people going back to just trying to make the best out of their lives.

    Have you looked for evidence that hidden forces in the established power system are actually encouraging the hatred and division as part of a "divide and conquer" strategy?

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  • Thu, Apr 29, 2021 - 7:55am

    ckessel

    ckessel

    Status: Silver Member

    Joined: Nov 12 2008

    Posts: 225

    3

    ckessel said:

    Brushhog,

    The fellow reminds me of a $cientologist!

    Coop

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  • Thu, Apr 29, 2021 - 9:59am

    #82
    PhilH

    PhilH

    Status: Bronze Member

    Joined: May 24 2010

    Posts: 211

    3

    PhilH said:

    Laws don't make for a polite society, people following laws make for a polite society.

    Money is a medium of exchange, and it's value is determined by what people think it's worth.  Lose trust in laws or money, and things will get very interesting.

    I've often said, this is one of the most interesting times to be alive in all of modern history.

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  • Thu, Apr 29, 2021 - 12:31pm

    #83
    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    0

    Stockman vs.Peter Schiff

    I believe Schiff has our present economic outlook correct.

    I am  a fan of folks that call it right,before the carnage begins.As he has.

    His take on Crypto,is interesting.

    But I do think it will be part of the" basket",none the less.

    Just not in its present form.

     

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  • Thu, Apr 29, 2021 - 1:15pm

    Quercus bicolor

    Status: Gold Member

    Joined: Mar 19 2008

    Posts: 985

    2

    Laws ...

    Revise to: A set of clear, transparent, fair and just laws that are applied equally to everyone makes for a polite society.

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  • Thu, Apr 29, 2021 - 3:44pm

    #85
    Chuck in Belize

    Chuck in Belize

    Status: Silver Member

    Joined: May 23 2020

    Posts: 243

    2

    While we're at it ...

    Another "aphorism" we hear over, and over, and over, is
    "Taxes are the price we pay for a civilized society."

    Is this actually true?
    Is there actually any objective evidence in favor?

    Just stirring the pot.
    If your motto is Question Everything
    then this is something we might question.

    Personally I've not found any correlation between the taxes I pay, and
    the level of Civilization around me.

    Lately, the equation seems to have a negative coefficient, if there's any linkage at all.

    -- Chuck

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  • Thu, Apr 29, 2021 - 4:21pm

    Steven Kelso

    Steven Kelso

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    Joined: Aug 22 2018

    Posts: 253

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    Steven Kelso said:

    Taxation exists as a feedback loop mechanism that forces individuals to use a specific type of currency. Taxes must be paid in USD, ensuring USD as a valid method of exchange.

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  • Thu, Apr 29, 2021 - 5:53pm

    #87
    wotthecurtains

    wotthecurtains

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    Joined: Feb 27 2020

    Posts: 877

    0

    wotthecurtains said:

    I know some have posited that with MMT we won't need taxes anymore, but half of taxation as I see it is social engineering.

    Most of the price of a pack of cigarettes where I live is taxes.   Some of that can be argued to pay for the healthcare that smokers require but mostly its an attempt to curtail smoking by making it too expensive.

    I think we will only have more "civilization" crammed down our throats going forward.

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  • Thu, Apr 29, 2021 - 6:00pm

    #88
    wotthecurtains

    wotthecurtains

    Status: Gold Member

    Joined: Feb 27 2020

    Posts: 877

    5

    Spending credability

    I'm probably crazy but when I look at the covid response, the Fed's policy, the tac of market regulators (Elon and the Silver market to take two examples), Woke politics and police defunding + barbed wire in Washington,  I sometimes feel like our leaders are spending credibility at a rate suggesting they know credibility won't be worth anything soon so they may as well cash out.

    If you knew the USD dominance could be measured in a few years or even months, why not print as many as you want as fast as you can?

    If you know there is going to be a failure in the silver market, why not just brag about holding it down until the bitter end?

    I don't have an example for the Covid vaccine program because its just too dark, but... seriously who is gonna believe anything from Big Pharma in 2 years time?

    Maybe someone with a better grasp of history can convince me they really are just this dumb?   It feels like we aren't far from seeing the brick wall at the back of the theater that Frank Zappa talked about.

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  • Thu, Apr 29, 2021 - 6:13pm

    LB86

    LB86

    Status: Member

    Joined: Feb 02 2011

    Posts: 43

    1

    LB86 said:

    WOT, you're most probably right, they are gittin while the gittin's good.....

     

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  • Thu, Apr 29, 2021 - 7:10pm

    #90
    Chuck in Belize

    Chuck in Belize

    Status: Silver Member

    Joined: May 23 2020

    Posts: 243

    1

    If they had any sense at all ...

    ... They'd pay us in USD but tax us in silver.

    I don't know exactly what game they're playing at.
    But as WOT has so properly pointed out,
    It's starting to look like the end game.

    Everywhere I look, I sense desperation.

    Maybe I'm missing something.
    I dunno.
    I'm not an economist.  Just a retired engineer who
    still has some remnants of a working brain.

    Thankfully.

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  • Fri, Apr 30, 2021 - 6:20am

    Steven Kelso

    Steven Kelso

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    Joined: Aug 22 2018

    Posts: 253

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    Steven Kelso said:

    I believe this is exactly the case.

    I had at one time believed that the U.S. would be too broke to repress, but that does not seem to be the case.

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  • Tue, May 04, 2021 - 4:34am

    intheor

    intheor

    Status: Bronze Member

    Joined: Apr 23 2021

    Posts: 75

    0

    Hatreds being encouraged.

    Yes,I see this everywhere these days.Unfortuately.

    Turn on cnn,you see blm folks demanding police reform,and telling of abuse for not being white.

    Lots of these personal stories are filled with white  hate.

    Nothing is said about how society is angry about black crime?

    Turn on Fox,anytime,all you see is Democrat hate,being dished out.

    A way of getting back at peoples trump hatreds and the  questioning of him doing the cright or wrong  thing for our country.

    Society went to  a new level on these issues.

    Both sides,went to extremes.

    But who decided that was the way to go?

    initially?

    We have a lot of pent up frustrations in this country, because of the" melting pot" aspect,of it, imho.

    Now ,we are declaring wars with each other over covid truths,vaccines, politics(much nastier then the norm),as well as pharmacology,Western medicine,and crowd control,truth in general.

    We are going to extremes here too.

    What happened to just working things out with common sense.

    Key points ,lots of us forget or refuse to think about,are these...

    Folks do not take into account the petro-dollar is a key to world stability.(at least it was).

    We are not alone in this ever connected world these days,although some  want and act as if we are.

    Nuclear capabilities are now in the hands of  the small countries.

    Folks do not take into account,the changing of political parties,is GOOD for this country.

    Folks do not take into account,without western medicine ,in this country anyhow,we would all die decades earlier.

    What I have learned in life is that NOTHING is perfect.We take the good ,bad,and imperfect and try to improve it.

    Often this leads to over reach (greed),but thats why we have  laws and common sense.

    Yet todays noise makers want it all,NOW.

    As long as they get their immediate needs met.

    My Dad told me he lived in the best time to be alive,I wish I do not have to tell this to my son,but when I see folks with their face buried in their phones 24/7,and all the hatreds ands division,I  can not help but wonder.

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  • Tue, May 04, 2021 - 4:48am

    intheor

    intheor

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    Joined: Apr 23 2021

    Posts: 75

    0

    Taxes on ciggs.

    Yes taxes on ciggs are to discourage smoking, so society does not have to pick up the cost of smoker related hospital care,true.

    Some folks want taxes on the obese,because of this same reason.

    The difference?

    You HAVE to eat,you do not have to smoke.

    Interesting gripe.

    I use to smoke for 15 years,I was thin.

    Now I do not smoke, and I am considered ,obese?

    Yes, the world is getting trickier to navigate.

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  • Tue, May 04, 2021 - 5:22am

    Kathy

    Kathy

    Status: Gold Member

    Joined: Feb 21 2020

    Posts: 520

    5

    Step one, turn off the TV

    At the very beginning when everyone was calling this the China virus or the Wuhan virus, which would be the logical name(Lyme, Zika, Ebola) it all changed on a dime when the CCP complained.   The mainstream media is the mouthpiece of the CCP.

    Just today the Australian news has reports of “grey zone” war. https://www.news.com.au/world/asia/china-already-engaging-in-irregular-war-with-us-in-the-grey-zone/news-story/8cabbb1179b77d2845f6e700bbfad62f

    Again I will point to the Bill of Rights!  We are not going to agree on everything.  We need to protect our freedoms because once those are gone it doesn’t matter what we as individuals think, we will be beholden to the government, which may well be controlled by China and/or Russia.

     

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  • Tue, May 04, 2021 - 5:44am

    Kathy

    Kathy

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    Joined: Feb 21 2020

    Posts: 520

    0

    Are ciggs that bad?

    As I watch this Covid thing unfold it really makes me question all the health narratives.  Remember when eggs were bad for you?  Fats were terrible and we replaced everyone with sugar.  Then the other side paid for science and low and behold eggs are fine and sugar is the villain.

    Okay, so sucking smoke into your lungs probably isn’t wise.  (Meanwhile marijuana is medicinal, so sucking that smoke into your lungs if okay, really?)   If I’m stopped at the light and look to my right, I’d much prefer the driver next to me to be smoking a cigarette than a joint or drinking a beer.

    So let’s talk nicotine, is it really more dangerous than Xanax, ADHD meds or antidepressants?  It is self administered so you don’t need to engage with the medical community’s so big pharma gets nothing.

    Was the vilification of tobacco because states needed a tax revenue stream?  Or did big pharma need the self medication with nicotine to stop so they could sell their drugs?

    Truth be told a life long smoker is cheaper for the system then someone who is healthy.  The smoker pays into SS for years and then dies a 65.  Meanwhile the healthy person lives until 85.  Twenty years of SS, wellness exams and reduced property taxes costs a lot more.  Add in the appetite suppressant characteristics of nicotine, thin smokers that die at 75 are also cheaper than the obese 75 yo that need knee replacement and more healthcare workers to handle daily care near the end of life.

    I say all this as someone who has never smoked.

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  • Tue, May 04, 2021 - 6:09am

    #96
    brushhog

    brushhog

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    Joined: Oct 06 2015

    Posts: 830

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    Cigarettes

    My feeling is that cigs are bad for you but sometimes I wonder. I grew up in the 70's and 80's when everybody smoked. People would come into your house and lite up a cigarette, they smoked in offices, movie theaters, restaurants, bars, airplanes, etc, etc.

    We were told that cigarettes cause cancer for decades. Now, very few people smoke in comparison yet the cancer rates have not gone down. Based on what they told us for all those years...cancer should be almost a rare condition by now.

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  • Tue, May 04, 2021 - 6:10am

    Phred

    Phred

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    Posts: 106

    3

    Phred said:

    I agree with all your points. Cigarettes let me concentrate when I needed to; I would not have been nearly as productive in my career without them.  After 35 years I quit cold turkey, mainly because of the increasing sin tax.  It was not too difficult to stop although I did gain 20 pounds.

    Regulatory capture drives FDA, NIH, CDC guidelines to favor whatever companies can profit from. They are presented with cooked science which is pretty much in-your-face to real scientists but governmental edicts can not be questioned anymore.  Lawsuits in genuine courts could fix that but judges seem to fear tackling anything controversial.  The Supreme Court should be sacked as an example, for refusing to hear the election challenges.

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  • Tue, May 04, 2021 - 6:26am

    Kathy

    Kathy

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    I agree cigs are bad for you, but so is Diet Coke.

    I too am old enough to remember the 80’s.  I had friends that were smokers.  That slightly odd new kid, automatically had a social group and someone to talk to for six minutes if they smoked.  Today they goto the therapist, get a script for some antidepressants and still have no social group.

    And you are right if they were the huge cause of cancer they were made out to be, wouldn’t those numbers have dropped?

    Ironically, if someone really wanted to look at it, I’d bet school shooting have gone up as we’ve taken nicotine out of our schools.

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  • Tue, May 04, 2021 - 7:04am

    brushhog

    brushhog

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    Joined: Oct 06 2015

    Posts: 830

    2

    brushhog said:

    Kathy,

    I think the school shootings reflect an overall repression of the human spirit by an increased authoritarianism [  of which the prohibitions and taxes on cigarettes are just reflections ].

    When I was a kid everybody over age 8 played independently without parental supervision. The kids' who's parents didnt let them out were weird. We got home from school, got on our bikes or grabbed footballs and were gone until dinner time.

    At school we played like wildmen on the yard. There were fights all the time. After a fight the teachers made us shake hands and that was the end of it. You might punch a guy in the nose today and be best buddies tomorrow.

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  • Tue, May 04, 2021 - 9:03am

    Quercus bicolor

    Status: Gold Member

    Joined: Mar 19 2008

    Posts: 985

    1

    Playing outside

    One of my early memories is from the first day of first grade.  It was a summery, sunny day.  I colored the apple, traced the "A" and ran to meet my friend at the "mud puddle" in the clearing at the corner of the woods across the street.  That clearing became a thicket as I grew up.

    We moved into our our neighborhood in 1969, the year it was built.  There were children in every house, a cul-de-sac with 17 houses and woods across the street.  Kids played in packs with the youngest perhaps 5 years old.

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  • Sun, May 16, 2021 - 11:10am

    Curt504

    Curt504

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    Joined: Mar 22 2020

    Posts: 31

    0

    Curt504 said:

    Entering short possitoins NOW doesn't make sense, everyone agree?   Then what is a capital ideally appreciating strategy today?  Symbols?   Tnx

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