MisFit Kid Posted April 9, 2020 Report Share Posted April 9, 2020 A lot Americans shit their pants when the fraudexes drops 5%. Especially employees of the Govt, MIC, Media, and "Professionals" These are the people you see in interviews/news/ etc...... on the other hand, 45% of the people do not own stocks directly or indirectly. You will not see/hear from these people on CNBC or other Financial Rags because they are either at one of their jobs, or they just do not count(homeless/worthless). Link to comment Share on other sites More sharing options...
fxfox Posted April 9, 2020 Report Share Posted April 9, 2020 Yes, the social cleavage in the US is just a shame for a civilised country of the Western World. Not only „a“ country, but „the“ country, THE leader so to say. Link to comment Share on other sites More sharing options...
Jimi Posted April 9, 2020 Report Share Posted April 9, 2020 26 minutes ago, fxfox said: Americans are ADDICTED to stocks, That is the answer to everything what is going on right now. Add to that the 401k‘s. The FED ist just the drug dealer. Like Jorma said a while ago, there is simply no one who wants lower stock prices for years or a two decade long sideways market. Funny - I totally disagree. What Americans are addicted to is leverage. Equity is a leveraged asset - levered to both grotesque fiscal deficits & corporate debt. Balance the federal budget and suspend the deductibility of corporate interest payments, and equity would find little love. Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 9, 2020 Report Share Posted April 9, 2020 24 minutes ago, fxfox said: Yes, the social cleavage in the US is just a shame for a civilised country of the Western World. Not only „a“ country, but „the“ country, THE leader so to say. Yup, Probably why Soccer/Football is not in vogue. ⚽ The US sucks(men), and thus it goes against the "exceptionalism" fake narrative. >: I Wonder how Euro Leagues/EUFA, is gonna make it without a Bailout of their own....... FFP will be probably be broken for the BIG FEW. Link to comment Share on other sites More sharing options...
fxfox Posted April 9, 2020 Report Share Posted April 9, 2020 19 minutes ago, Jimi said: Funny - I totally disagree. What Americans are addicted to is leverage. Equity is a leveraged asset - levered to both grotesque fiscal deficits & corporate debt. Balance the federal budget and suspend the deductibility of corporate interest payments, and equity would find little love. That‘s pretty much what I meant. Weren‘t all those international tax avoiding schemes developed in the US? By the Big4? All the big consulting firms are from the US. They spread their rotten spirit all over the corporate world. Link to comment Share on other sites More sharing options...
fxfox Posted April 9, 2020 Report Share Posted April 9, 2020 12 minutes ago, MisFit Kid said: Yup, Probably why Soccer/Football is not in vogue. ⚽ The US sucks(men), and thus it goes against the "exceptionalism" fake narrative. Yes. Is it still the case that they sing the national anthem every morning in school and salute the flag? I did never get why they do that. I guess that‘s how supremacy is Implemented even into little pupils. Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 9, 2020 Report Share Posted April 9, 2020 10 minutes ago, fxfox said: Yes. Is it still the case that they sing the national anthem every morning in school and salute the flag? I did never get why they do that. I guess that‘s how supremacy is Implemented even into little pupils. I do not know currently about schools..... In the 70's, we said the Pledge of allegiance first class-Opening Bell in the morning. That stopped in the 80's. All sporting events sing the NA before the game, and Baseball does the 7th Inning Stretch of God Bless America/Take Me out to the Ball Game, or in TX. we used to do the Cotton-Eyed Joe......😀 Link to comment Share on other sites More sharing options...
Jorma Posted April 9, 2020 Report Share Posted April 9, 2020 As the great Mike Royko said. When he was a school boy he couldn't figure out why we wanted an invisible country. Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 9, 2020 Report Share Posted April 9, 2020 1 hour ago, Jorma said: As the great Mike Royko said. When he was a school boy he couldn't figure out why we wanted an invisible country. yeah 🙂, and good luck with indivisible, simple math without a "device" is impossible now a days or even worse, not PC(doing the math will get you fired or worse)...... Link to comment Share on other sites More sharing options...
DrStool Posted April 9, 2020 Author Report Share Posted April 9, 2020 Have a blessed Holy Weekend. Azizen Pesach. Hag Sameach. LIberty and Justice for all. Link to comment Share on other sites More sharing options...
DrStool Posted April 10, 2020 Author Report Share Posted April 10, 2020 LEE'S FREE THINKING Podcast – Lee Adler Tells Lindsay Williams to Prepare for Something Evil by Lee Adler • April 10, 2020 • 0 Comments Lindsay Williams interviewed Lee about the market meltup. Lee warns that the Fed’s money printing may work, but with horrendous unintented consequences. Link to comment Share on other sites More sharing options...
potatohead Posted April 10, 2020 Report Share Posted April 10, 2020 1 hour ago, DrStool said: LEE'S FREE THINKING Podcast – Lee Adler Tells Lindsay Williams to Prepare for Something Evil by Lee Adler • April 10, 2020 • 0 Comments Lindsay Williams interviewed Lee about the market meltup. Lee warns that the Fed’s money printing may work, but with horrendous unintented consequences. love the ending when both are looking at the gold price and can't figure out that both prices are current. The Spot market price is $40-50 lower than the lead month futures price. There are some big spreads and price discrepancies in the metals market currently. Link to comment Share on other sites More sharing options...
T_Slim Posted April 10, 2020 Report Share Posted April 10, 2020 1 hour ago, potatohead said: love the ending when both are looking at the gold price and can't figure out that both prices are current. The Spot market price is $40-50 lower than the lead month futures price. There are some big spreads and price discrepancies in the metals market currently. I thought that was pretty good too lol. I miss Radio Free Wall Street. You talk to Russ Doc? How's he doing? Link to comment Share on other sites More sharing options...
fxfox Posted April 10, 2020 Report Share Posted April 10, 2020 1 hour ago, potatohead said: love the ending when both are looking at the gold price and can't figure out that both prices are current. The Spot market price is $40-50 lower than the lead month futures price. There are some big spreads and price discrepancies in the metals market currently. Some, if not all, of those Gold ETC‘s will blow up. Pretty sure about that. Link to comment Share on other sites More sharing options...
fxfox Posted April 10, 2020 Report Share Posted April 10, 2020 4 hours ago, DrStool said: LEE'S FREE THINKING Podcast – Lee Adler Tells Lindsay Williams to Prepare for Something Evil by Lee Adler • April 10, 2020 • 0 Comments Lindsay Williams interviewed Lee about the market meltup. Lee warns that the Fed’s money printing may work, but with horrendous unintented consequences. Very good interview Doc! Thanks a lot! Link to comment Share on other sites More sharing options...
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