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Not your average recession . . . .

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  • shtferbrains
    Senior Member
    • Jun 2017
    • 5295

    Gold is rocketing
    Silver may be lifting off

    Comment

    • AlbertaFarmer5
      Senior Member
      • Oct 2010
      • 12591

      Originally posted by shtferbrains View Post
      Gold is rocketing
      Silver may be lifting off
      That is deflationary, right?

      Comment

      • TOM4CWB
        Senior Member
        • Dec 2000
        • 16511

        Watching CNBC this morning… the USFed is claiming that there was a 17% increase in consumer edibles… counted in the Calculations for determining interest rates from the Fed… however the actual increase was 47% not 17%.

        There is 5$Trillion in the US cash.. sitting that the US government has dumped into the US economy… 6$Trillion was the US deficit in 2023… and the US Fed keeps pumping more cash… with the underground economy growing exponentially because of the growing 8million of illegal emigration + … taxing health care facilities… beyond capacity…

        insanity…

        After the US…. Election… no matter who wins… the US economy is in for a big readjustment…

        Many Blessings!

        Cheers

        Comment

        • wheatking16
          Senior Member
          • Apr 2010
          • 582

          Originally posted by TOM4CWB View Post
          Watching CNBC this morning… the USFed is claiming that there was a 17% increase in consumer edibles… counted in the Calculations for determining interest rates from the Fed… however the actual increase was 47% not 17%.

          There is 5$Trillion in the US cash.. sitting that the US government has dumped into the US economy… 6$Trillion was the US deficit in 2023… and the US Fed keeps pumping more cash… with the underground economy growing exponentially because of the growing 8million of illegal emigration + … taxing health care facilities… beyond capacity…

          insanity…

          After the US…. Election… no matter who wins… the US economy is in for a big readjustment…

          Many Blessings!

          Cheers
          Consumer edibles?

          Comment

          • errolanderson
            Senior Member
            • Jan 2012
            • 3151

            Nvidia the largest market cap stock in the world now swinging like a penny stock. This is not good folks . . . . .

            Comment

            • sumdumguy
              Senior Member
              • Mar 2007
              • 12040

              “Swinging” hmmm how does a stock swing?

              Comment

              • errolanderson
                Senior Member
                • Jan 2012
                • 3151

                U.S. economy beginning-to-swoon . . . . More bank failures possible by late March into April. U.S. Fed NY manufacturing data released this morning, brutal . . . huge miss. U.S. economy has entered a recession (IMO). Canada's economy has been in-recession for 11 months now.

                Rates need to be cut ASAP, but central bankers not smelling-the-coffee. They will cut rates too late. This is a dangerous spring market financial situation now made worse by untimely central policy fueling debt implosion (IMO).

                Gold has broke recent uptrend. Bitcoin (who knows) widget has reversed 7% overnight. And Nvidia now off about 11% from recent highs. These are the investor greed rock stars . . . starting to shake? Errol's Commodity Wire, Calgary

                Comment

                • foragefarmer
                  Senior Member
                  • Mar 2014
                  • 3514

                  You want to trade the high flyers such Bitcoin, Nvidia, etc you will certainly get burnt, but you play the long game with Canadian banks and Railways with their slow and steady appreciation and great dividends the portfolio will grow.

                  Just look a Buffet, it's about time not timing.

                  Comment

                  • errolanderson
                    Senior Member
                    • Jan 2012
                    • 3151

                    Germany and UK PPI data just released and deflation appears deepening in those countries. German producer price index was -4.1%, below expectations. UK apparently may cut rates soon.

                    Japan battling deflation for years just hiked rates for the 1st time in many years. And the Yen actually dropped . . . . BOJ has lost control.

                    Powell will hold rates steady today, a mis-step (IMO). 2nd wave Bank fallout in-progress. Layoffs accelerating despite all the rosy jobs data.

                    Fake job creation numbers? U.S. jobs data was slashed one month after release. Incompetence or manipulation or both?

                    Canada inflation just released below expectations. Rate cuts soon.

                    Central bankers are just one stock market crack away from panicked cuts (IMO).

                    Comment

                    • shtferbrains
                      Senior Member
                      • Jun 2017
                      • 5295

                      Where is Blackrock/Larry Fink going with tokens?

                      He controls more than most world leaders.

                      A clear and based "bitcoin" ?

                      Not a fan myself.
                      Last edited by shtferbrains; Mar 20, 2024, 09:28.

                      Comment

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