Lots of things to digest, such as Presidential impeachment, fucked up trade deal rumors, woefully leaning and heavy indices — wrought with rookies from top to bottom, exploitive little fuckers in for the quick buck. If there was ever a time for massive downside October, it would be this year.
Friday approaches and the roaches are out. Time to stomp them out.
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Today’s tape brought to you by the creature from jekyll island
Assume President Trump has some closet dissenters out there in his own party, it will be dramatic potentially. Nothing much to see as a threat on the opposing side might make Trump more expendable in a way, if it ever goes that far.
It’s a fascinating battle between MSM Fox and MSM non-Fox (and whoever is behind the curtain for each of them). The best of the daily TV propagandists is NBC’s Chuck Todd with his always-on-message guests. And the most watchable Fox presentation of the opposing point of view is Tucker Carlson. If you want to see straight reporting on TV, gotta go to youtube and check our Aaron Mate.
Everyone and I mean EVERYONE on this fine site has been very concerned how I am protecting the 80 percent of my wealth tied up in physical gold and silver. Well well well well let me tell you how my account is now not even registered in this country now no no no no FDR can take a hike I am registered OFFSHORE isn’t that great????
That track is fire!
Gold/silver has only one long term scenario over bonds: if the sh!t hits the fans and western democratic governments and CBs lose control (massive infaltion). However, in that case, you want the gold as close to you as possible (ie, physical).
Ideally: buy physical gold in another country using cash, then hide it on your property. Unless that account of yours is in Switzerland, I’m not sure it’s any safer than an ETF. I hope you at least have visited your gold and seen it in person. Either way, good luck
As if there wasn’t enough reason to short China stocks:
https://www.zerohedge.com/geopolitical/yuan-stocks-slammed-us-weighs-limits-portfolio-flows-china
If anyone blinked this week, you may have missed the fact that bitcoin is down more than 20% since last Friday. Sometimes young dogs need to learn tricks from old dogs