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nowon

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Scorpio

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crazy day in lumber today,

went limit down early, then reversed and finished limit up

that is something you never see
 

Tbonz

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crazy day in lumber today,

went limit down early, then reversed and finished limit up

that is something you never see

Problem is we are going to see more of the flash crash, and then a crazy rebound. TOO much god damned money floating around.

Bitcoin proved this over the last 48 hrs.

We live in a circus world.
 

madhu

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With the current lockdown in India, the main port of Mumbai is not working. In a few months I expect that the prices of goods imported from India will be more expensive. The main concern will be pharmaceutical products. This is where inflation would show up next.
 

Scorpio

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Tbonz, that is for sure, went all the way down to 30 or so and came back to 39 on the close, wow.

madhu, great point that I wasn't paying attention to. Sure, knew about or read about the lockdowns over there and so on, but hadn't gauged the impact overall.
 

madhu

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China was made into a global manufacturing superpower from 1972. Europe and Asia followed American foot steps into transferring all their manufacturing to China. Not an accident. China has a plan and it is methodical in its execution. By spending into BRI, China is integrating supply lines into euro Asia followed by the Indo pacific.

China has a plan to dethrone the US dollar and quietly making deals with Saudi and Iran to exchange oil for digital yuan/ remnibi .? Backed by gold? Digital block chain currency , the Chinese are far ahead of the Indians. The Indian are content by blocking Bit coin.

The virus is a false flag biological weapon which suddenly springs up in one continent and the Chinese were able to control it and all its oligarchs were able to hoard all the medicines and supplies needed to control. The giant pharmaceutical industry which don’t like India because it cuts into their profits by making generic drugs had to be taught a big lesson. The vaccines were another money making scam that would bailout the pharma and keep paying rich dividends to its share holders and multimillion dollar bonuses to its executives. Unfortunately, India was getting into the vaccine manufacturing business with a motive to supply vaccines to poor third world nations At no or minimal profit.

Chinese oligarchs, pharma multinational American media and their British poodle (BBC) had to create a indian mutant to put Mr Modi and India in a bad situation. Mr Biden can never dream of the popularity of Mr Modi and wants a regime change in India, color revolution in India and the minorities and the Italian barmaid (opposition ) party are all helping in this multi country false flag mutants.

It looks like the psychopaths will keep this racket and shakedown sovereign governments till the bribe and extortion gets paid up.
 
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Uglytruth

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Supplies of many manufactured items are hard to get, delayed, out of stock, unavailable and it is leading to work stoppages for many large businesses. That idles suppliers. That idles workers. That increases unemployment. That increases debt. That is a feedback loop that we have been lead into like a trap.
 

WillA2

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China was made into a global manufacturing superpower from 1972. Europe and Asia followed American foot steps into transferring all their manufacturing to China. Not an accident. China has a plan and it is methodical in its execution. By spending into BRI, China is integrating supply lines into euro Asia followed by the Indo pacific.

China has a plan to dethrone the US dollar and quietly making deals with Saudi and Iran to exchange oil for digital yuan/ remnibi .? Backed by gold? Digital block chain currency , the Chinese are far ahead of the Indians. The Indian are content by blocking Bit coin.

The virus is a false flag biological weapon which suddenly springs up in one continent and the Chinese were able to control it and all its oligarchs were able to hoard all the medicines and supplies needed to control. The giant pharmaceutical industry which don’t like India because it cuts into their profits by making generic drugs had to be taught a big lesson. The vaccines were another money making scam that would bailout the pharma and keep paying rich dividends to its share holders and multimillion dollar bonuses to its executives. Unfortunately, India was getting into the vaccine manufacturing business with a motive to supply vaccines to poor third world nations At no or minimal profit.

Chinese oligarchs, pharma multinational American media and their British poodle (BBC) had to create a indian mutant to put Mr Modi and India in a bad situation. Mr Biden can never dream of the popularity of Mr Modi and wants a regime change in India, color revolution in India and the minorities and the Italian barmaid (opposition ) party are all helping in this multi country false flag mutants.

It looks like the psychopaths will keep this racket and shakedown sovereign governments till the bribe and extortion gets paid up.

I remember reading a couple of articles, last year, about how two pharmaceutical, manufacturing facilities were destroyed by explosions in India. The two facilities were the leading manufacturers of hydroxychloriquine. I don't remember the addresses of the articles, though.
 

BarnacleBob

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Rumor has it that the FED yesterday pumped over $450 billion into the repo market. This is $100 billion higher than last weeks record $353 billion.....
 

TAEZZAR

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crazy day in lumber today,

went limit down early, then reversed and finished limit up

that is something you never see
Looks like the market fighting with GREED !
 

madhu

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Twatter crapola getting booted out of. India. In other news fitzer, multinational pharma is in deep trouble with Indian authorities and doesn’t even know it.


it just costs 50,000 rupees 700$, not millions of dollars that pharma companies charge insurance, broad daylight robbery
 

Scorpio

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oil and corn rippin' to the up this am,

commods going strong with the inflation numbers from last week,

this should actually go on for awhile if what we are seeing is passing the eye test
 

Scorpio

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for those not watching, nattie has jumped back above 3 bucks MMBTU
 

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Was headed to golf, took the back way scenic route to the course yesterday... My playing partner commented that the usual hay fields were all planted in corn this year. My response was "have you seen commod prices lately"?

Trillions in fiat bank credit flooding the economic & financial system is akin to high tide reaching it's apex... All boats are rising, low tide however will occur in the near future!
 

Scorpio

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Volume spike in metals, and they are getting after those recent highs,

which of course doesn't match the inflation narrative even a little,
so yet more bs in the metals markets,
 

Hystckndle

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Commodity letter just in.
Supply house chap ( Gexpro / Rexel ) who sent it says
" short article attached that explains the cost increases we are experiencing "
Hadda chuckle at that.
Atkore Summary of  Commodity Update - May 2021.jpg
 

Attachments

  • Atkore Summary of Commodity Update - May 2021.pdf
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BarnacleBob

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Uglytruth

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66% of the country are already slaves.

So 100% - 66% = 34%

Top 10% hold 76% of the wealth.

So 34% - 10% = 24% hold 24% of the wealth.

330 million x .24= 79,200,000 people.

What is that wealth in? Mostly real estate? Businesses? Cash? Retirement accounts of some sort?

Mutual fund assets held in retirement accounts (IRAs and DC plan accounts, including 401(k) plans) were $10.1 trillion as of the end of September 2020, or 45 percent of overall mutual fund assets.

What am I getting at? Big bro wants to get it's hands on that 10T and will find a way to confiscated it to provide some type of UBI. That is why the push to get more $ into those accounts.
That is a way to destroy the remaining 24% that are not currently debt slaves.

We can talk metals, real estate, property but it seems there is no where to hide. How will they enslave the remaining sheeple?
Taxation? Estate taxes? Health care? Throw in digital control of everything and it's game over for the sheeple.

Thoughts or ideas on how to steer clear of the nightmare ahead of us?
 

Scorpio

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crazy stuff,

POS AMC stock, dead as dead, virtually doubled yesterday on people playing

thing isn't worth 5 bucks, let alone 60


1.png
 

Scorpio

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metals pop on the missed job numbers,

but gold was repelled from 1900 and silver from 28

we will see if they can bust through by end of day going into the weekend
 

Tbonz

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metals pop on the missed job numbers,

but gold was repelled from 1900 and silver from 28

we will see if they can bust through by end of day going into the weekend

We live in a Monopoly money world, 95% of the country doesn't have a clue.

US should return to silver coinage, and the gold standard. Tell the FED and whoever else holds our countries debt and tell them to jump off a cliff.
 

pitw

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They didn't give enough to the quail study.^^^
 

the_shootist

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Scorpio

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What is that supposed to be from?
 

Scorpio

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let's start a little journey,

going to show you some recent commods charts:

be patient and go thru them, as they are everyday things

coffee weekly, on a rip
corn weekly, you already have heard about
lumber weekly, again you have heard
oil, you have seen it at the pump
Orange Juice, this one is a up and comer
then we have weekly copper, on one heckuva rip, and is it topping or taking a break?


coffee.png


corn.png


lumber.png
OIL.png


OJ.jpg



copper.png
 
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Scorpio

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let's throw around some ideas/facts

massive fiat injections worldwide,
prices of many things flying to the up,
crypts have already been on a heckuva run
crude has been on a non-stop run since last year this time
lumber of course you have seen, but is showing a top
coffee is still getting after it, last time coffee ran it went to like 225 or so
even 'ole orange juice is joining the party, those blips you see are limit moves

anyway, much as big money boyz moved from one country to another, leaving a trail of woe in their rear view mirror back in the later 90's,
we are kind of seeing the same thing here,

there has been so much fiat creation that it is out chasing yield, running markets and leaving a heap of destruction behind,
and make no mistake, those lumber prices are a whole lot of demand destruction

but more importantly, banks are telling the big boyz NO MAS'
they don't want their cash,

corporations/hedgies/all the rest of the thieves have no choice but to keep the illusion alive,
they have to sell the dream, ie yields forever

so these commods are part of this all, and are getting run, in some cases run hard

inflation is here, and in quite dramatic fashion. Showing up in many areas of the economy, as well as supply destruction.
No romex on the shelves, no TP on the shelves, etc. Supply completely disrupted.

One may want to step back and give this a bit of time. Where do they move next? What is the result of this? How does it impact you?

For one, a argument could be made that eventually there will be a run in metals. One item to consider, it is one area they can run, and run hard without regard for affecting input costs. With copper, they run it, costs go up on many products. Coffee, again they have to push the cost on to the consumer. Etc.

The metals have been doing quite well overall. Had a heckuva nice run last year, and one could argue front ran this commod movement.

Yet, the dollar is holding on for dear life at that 90 level. Some are saying the dollar is going higher, while clearly if this thing finally breaks 90 and stays down, things are going to get real interesting. And quite so in the metals markets, bond markets, and stock markets.

With the poli's asking for yet another massive stimulus, there seems to be no slowing the fiat train.

Leaving us to ask, is there a way to front run what comes next?

Whether one likes it or not, cash is trash in this type of environment as the losses get quite significant in a years time.
To protect yourself and your family one is going to have to pay attention and do something about it.
 

WillA2

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let's throw around some ideas/facts

massive fiat injections worldwide,
prices of many things flying to the up,
crypts have already been on a heckuva run
crude has been on a non-stop run since last year this time
lumber of course you have seen, but is showing a top
coffee is still getting after it, last time coffee ran it went to like 225 or so
even 'ole orange juice is joining the party, those blips you see are limit moves

anyway, much as big money boyz moved from one country to another, leaving a trail of woe in their rear view mirror back in the later 90's,
we are kind of seeing the same thing here,

there has been so much fiat creation that it is out chasing yield, running markets and leaving a heap of destruction behind,
and make no mistake, those lumber prices are a whole lot of demand destruction

but more importantly, banks are telling the big boyz NO MAS'
they don't want their cash,

corporations/hedgies/all the rest of the thieves have no choice but to keep the illusion alive,
they have to sell the dream, ie yields forever

so these commods are part of this all, and are getting run, in some cases run hard

inflation is here, and in quite dramatic fashion. Showing up in many areas of the economy, as well as supply destruction.
No romex on the shelves, no TP on the shelves, etc. Supply completely disrupted.

One may want to step back and give this a bit of time. Where do they move next? What is the result of this? How does it impact you?

For one, a argument could be made that eventually there will be a run in metals. One item to consider, it is one area they can run, and run hard without regard for affecting input costs. With copper, they run it, costs go up on many products. Coffee, again they have to push the cost on to the consumer. Etc.

The metals have been doing quite well overall. Had a heckuva nice run last year, and one could argue front ran this commod movement.

Yet, the dollar is holding on for dear life at that 90 level. Some are saying the dollar is going higher, while clearly if this thing finally breaks 90 and stays down, things are going to get real interesting. And quite so in the metals markets, bond markets, and stock markets.

With the poli's asking for yet another massive stimulus, there seems to be no slowing the fiat train.

Leaving us to ask, is there a way to front run what comes next?

Whether one likes it or not, cash is trash in this type of environment as the losses get quite significant in a years time.
To protect yourself and your family one is going to have to pay attention and do something about it.

For me, a very real puzzle, is how much cash to keep around for the "what-if's".