They are talking about another 60 billion to throw down the black hole in Ukraine! This bull run might never end! Whoohoo!! The gold stimmies are coming out of the woodwork! Thanks Brandon! See everyone, he is good for something!
Never doubted him for a second mate he's good for eating ice creams,sniffing childrens hair,dozing off mid sentence,forgetting names of countries and possibly he's own name AND tripping over inanimate objects randomly sometimes mid process of shaking hands with thin air. Another term? Good for stackers hey
You got it man. If it's all gonna burn might as well do it in style with the kid from Deliverance leading the charge haha Meanwhile the dollar up and gold raging onward like nothing else matters. PMs are going crazy but they are still the most sane in the asylum.
This is the kind of climb that would have had the old SilverStackers forum pumping with everyone wanting to be the first each day to post the "$42.00 Silver" thread or whatever the new price peak was each day. This climb out is not a rapid as the last major PM spike but it's still impressive. The last great silver bubble was not at a time like this where there is a genuine likelihood of a real SHTF event so this time it may not be a bubble but a more substantial upwards resetting of the PM price floor.
I consider the chances of a SHTF scenario to be slim. Say, a 1 - 2% scenario, so for 98 - 99% of mainstream assets the correction is a buying opportunity and normal programming will resume shortly.
They won't let SHTF officially. They need the system up and running. Ignore the tent cities. Things are great.
Yep, financial system is robust, it's largely immaterial to it what happens to some sectors of society as they're the ones that need to bear the burden of government policies designed to prevent the shit from hitting the fan at a systemic level.
Think someone said the same thing about the Titanic, how could a "robust" ship sink. Got to love hubris.
The Titanic is an example of the 1% outliers, brought on by a lack of of experience. Such a threat doesn't exist now.
You validated my point. A robust system can be very vulnerable if steered by someone inexperienced or foolish (as with Edward Smith). Our leaders/social planners today are extremely inexperienced or foolish and you can be sure they can sink a once great economy as fast as the Titanic.
I wouldn't class The Fed or BIS officials as foolish, I think the RBA officials could be accused of being foolish at times, our politicians definitely are but as the world's financial system hangs largely on the actions of The Fed, I don't see any major issues. The upshot of this is that I'm therefore not an "endgame" investor.
It's definitely not ignorance when they have the same access to history as everyone else does and they are part of it.. The foolishness they put off is just an act. They know exactly what is happening and it's no accident. Saying they are foolish or ignorant is just wrong. They are plain evil. The endgame is for this to happen over and over again in their crisis-to-crisis system. Same game plan as every other time. Let the currency die for a new one and keep the game going.
I just read brandons 7.3 trillion dollar budget deal, sounds great! He wants to print more money to save money, dump 100s of billions into building housing and give everyone 3 months paid vacation! It's pure genius! Whoohoo let's go!!!
I already get 4 months off work paid for the winter. With another 3 months paid off work I'll only have to work 5 months a year! It's like a retirement job! I love that idea!!!
