Soon 5 1/8 points may seem "cheap". Yearly 30y annual average mortgage rates in 1981 were 16.63%.
I get your sarcasm, but that narrative is exactly what they want to propagate. And the stock babies are starving for that pablum.Dunno about any more scheduled speeches for that particular swamp creature in April, but some of the other federal reserve criminals are opening their lying mouths all week. Philly fed president Harker was babbling today, St Louis fed crime boss Bullard as well as Evans and Bostic will be opening their dishonest yaps tomorrow.
Yesterday the markets fell off a cliff because a fed governor criminal named Lael Brainard, who's usually very dovish, casually mentioned that "inflation is much too high and might go higher". Well duh...career criminal lying bitch.
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Fed's Brainard says inflation is 'much too high' with risks it might go even higher
Fed Governor Lael Brainard said Tuesday that inflation is 'much too high' and there are risks it might go higher.www.marketwatch.com
Naturally PMs were immediately taken to the woodshed on the "news" that inflation is not only NOT transitory, is NOT moderating, but is instead heading MUCH higher. Apparently some really dumb people still believe there's more than lip service the fed can or even wishes to do about inflation...despite the fact that the fed is the creator of the inflation and has done nothing save increase inflation since the collapse of the repo market in the fall of 2019.
If the federal reserve crooks had any actual plans to reduce their balance sheet...they'd have been doing so long ago instead of endlessly babbling about quantitative tightening while continuously increasing their balance sheet the whole time. What they're doing is misleading people to ensure that they can use their stealth inflation tax scam to steal as much as possible from them later.
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Edit: ZOMG the FOMC minutes revealed the fed wants to taper their balance sheet by $95b per month! I have to go sell my gold as quickly as possible and buy stocks, bonds, and real estate! ...which will surely soar in an aggressively rising interest rate environment!
I challenge anyone to make this shit up.
Perhaps, yet it's a whole lot better to be a gold/silver bug than a crypto bug, a bond bug, or an equity bug.Might as well grease your ass tonight; all gold bugs are getting fucked early tomorrow.
These people are stupid, but not THAT stupid. They understand the gravity of what is happening; high inflation, stagflation leading to hyperinflation. No so "transitory" at all. They're lying until it can't be covered up, then they switch up the lies.Perhaps, yet it's a whole lot better to be a gold/silver bug than a crypto bug, a bond bug, or an equity bug.
Even massively suppressed by bankster conjured counterfeit dogshit...the monetary metals have stood their ground year-to-date while everything else is falling.
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Oops, I meant to add a bond fund...but think somewhere between ETH and BTC losses YTD. Everything save real estate and PMs are getting hammered and real estate is heading off a cliff right now.
More on Lithium Americas:
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Why Lithium Americas Stock Just Slumped 11% | The Motley Fool
This isn't how upgrades are supposed to work.www.fool.com
Yeah I just can't resist a good sale on a good company. The last run has retraced to the 61.8% Fib and seems to be taking a breather. It's either up or down from here!Much of the run up was due to the gumbymint looting the tax payers to dish out funds to those companies deemed "green" and "indispensable". Apparently the senator from West Virginia didn't get the memo. lol
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Lithium names plunge as Manchin hits brakes on Biden electric vehicle push (NYSEARCA:LIT)
Senator Joe Manchin told the LNG Allies' Transatlantic Energy Security Forum IV event on Tuesday that he "will not sign up" for an aggressive electric vehicle pushseekingalpha.com
It's a good company and there should be a whole lot of good news this year...but when I see things going up like it was 24-40 in a few weeks...you'd better believe I'm taking fiats off the table. Here I like it LAC to stack again.
You're upset that it went up AFTER you bought it? lol Never complain about gains my man.
Options man options. 20 shares @ 32 bucks each = 640 bucks. For that pricetag you probably get an August 2022 call with a strike price of 30...giving you a chance to retroactively buy 100 shares for $3640.
Yeah when you and voodoo talk about puts and calls and things, it’s over my head. I’m no dummy but I just haven’t taken the time to learn those things.You're upset that it went up AFTER you bought it? lol Never complain about gains my man.
Options man options. 20 shares @ 32 bucks each = 640 bucks. For that pricetag you probably get an August 2022 call with a strike price of 30...giving you a chance to retroactively buy 100 shares for $3640.
I thought Peppermint Patty quit and went to MSDNC?
Too Damned High!How high does it have to be for a press secretary to call it "extraordinarily elevated?"
Paper gold. At some point it will all fall apart.And yet, gold can only eek out a small gain today......
And yet, gold can only eek out a small gain today......
Makes me wonder how many people will run to crypto or other diverse investments. Has gold lost its lustre?And yet, gold can only eek out a small gain today......
Do Central Banksters keep reserves in crypto, or Gold?Makes me wonder how many people will run to crypto or other diverse investments. Has gold lost its lustre?