Bizarre Solutions
"Analysts say that future government flimflams, fatal flaws and flimsy facts are now a fast fading fad". Right!
This is very reassuring news to our readers!
To avoid any economic catastrophe, the government has some "amazing plans" to solve any economic issue, provide backing for the USD and payoff the debt.
Pick your preference!- Student loans? No problem! We will cancel $10,000 of your debt in return for your vote.
- Immigration issues? Nope. These are low cost workers who will reduce transitory inflation and provide thank you votes too.
- Since no one can predict economic statistics accurately, the gov't will eliminate all published opinions, forecasts and logic and replace it with positive progress propaganda programs.
- The gov't knows all gold/silver stocks are very undervalued. Their plans are to takeover all the gold/silver stocks and producers at yesterday's pocket change prices and tell management to start mining immediately regardless of AISC. They then use the mined gold to back the USD which then becomes the reserve currency of choice.
- The treasury bond market will be toast. Why issue bonds and pay interest when all we need to do is simply print money? That way, all gov't debts are paid off easily and happy days are here again.
- All remaining treasury employees will be furnished with picks and shovels and transferred to the gold mining department. This eliminates gov't waste.
- The gov't announces they plan to buy all the S&P500 stocks to support the US economy. Everybody front runs the gov't, jumps on board and makes tons of money for a few weeks.
- As soon as these stocks do a moonshot, the gov't shorts the heck out of each one and then announces an end to the program. When the stocks tank big time, they close out their positions, use the profits to pay off the national debt and become financial heroes.
Bizarre Insensitivity
"Gas prices are high due to gas prices not being low as before. To get back to lower prices we have to acknowledge gas is high which is the opposite of low."
Kamala Harris US Vice President
"I don't feel the pain of inflation anymore. I see prices rising but I have enough... I sometimes balk at the price of things, but I don't find myself in a space where I have to make tradeoffs because I have enough, and many Americans have enough."
SF Fed President Mary Daly (makes $400,000+ yearly)
Bright Insights
Significant economic difficulties will be present when 20 year old types actually stay at a job for more than 2 weeks.
An economic depression will be in progress when everyone who has a rental storage unit starts selling their stuff at bargain prices and an excessive number of garage sales are present.
Silver is in backwardation (spot over futures) consistently for many days. Yesterday - $.13, an indication of supply issues.
Precious metal investments is estimated at one-half of one percent while the historical mean is 2%. A return to the historic mean would result in a huge amount of buying pressure and very large profits.
A new daily trend in any investment is the absolute first step to profit. This eliminates confusion while offering clarity and confirmation on where you are in time. If it's within the context of a positive weekly and monthly, all the better.
8/27/22
"Analysts say that future government flimflams, fatal flaws and flimsy facts are now a fast fading fad". Right!
This is very reassuring news to our readers!
To avoid any economic catastrophe, the government has some "amazing plans" to solve any economic issue, provide backing for the USD and payoff the debt.
- Student loans? No problem! We will cancel $10,000 of your debt in return for your vote.
- Immigration issues? Nope. These are low cost workers who will reduce transitory inflation and provide thank you votes too.
- Since no one can predict economic statistics accurately, the gov't will eliminate all published opinions, forecasts and logic and replace it with positive progress propaganda programs.
- The gov't knows all gold/silver stocks are very undervalued. Their plans are to takeover all the gold/silver stocks and producers at yesterday's pocket change prices and tell management to start mining immediately regardless of AISC. They then use the mined gold to back the USD which then becomes the reserve currency of choice.
- The treasury bond market will be toast. Why issue bonds and pay interest when all we need to do is simply print money? That way, all gov't debts are paid off easily and happy days are here again.
- All remaining treasury employees will be furnished with picks and shovels and transferred to the gold mining department. This eliminates gov't waste.
- The gov't announces they plan to buy all the S&P500 stocks to support the US economy. Everybody front runs the gov't, jumps on board and makes tons of money for a few weeks.
- As soon as these stocks do a moonshot, the gov't shorts the heck out of each one and then announces an end to the program. When the stocks tank big time, they close out their positions, use the profits to pay off the national debt and become financial heroes.
Bizarre Insensitivity
"Gas prices are high due to gas prices not being low as before. To get back to lower prices we have to acknowledge gas is high which is the opposite of low."
Kamala Harris US Vice President
"I don't feel the pain of inflation anymore. I see prices rising but I have enough... I sometimes balk at the price of things, but I don't find myself in a space where I have to make tradeoffs because I have enough, and many Americans have enough."
SF Fed President Mary Daly (makes $400,000+ yearly)
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