The Last Line Says It All
 

https://www.youtube.com/watch?v=eMb8pkD_EVE&pp=wgIECgIIAQ%3D%3D

"You can think Detroit times the whole United States"


I said this was coming more than 10 years ago... Now it is here..

You are dead and don't even know it yet..there is no economy..there is government spending which is 50% of GDP, and there is FED printing to facilitate government printing.

You think that the government and the people are leveraged to the eyeball but the corporations have taken advantage of low interest rate for the past 10 years and have leveraged themselves to the hilt as well..what have they done with the borrowed money...bought their own shares which have risen in value so now they have large market caps while having to produce nothing..

Lots of people think that the divide is growing greater between the rich and the rest of us...but if the currency has the value of TP then all that wealth is just an illusion. Nothing is still nothing no matter how many zeros you put on the end..Everybody is in the same boat for this excursion into he11..

So I should spend all my money now before it becomes worthless?

I've got an image of Tabby stylin' a '74 Billy Preston afro wig....

Nuthin' from nuthin', leaves nuthin'...

Funky enuf to roll with the stones too back then :)

Tabs isn’t wrong.

Not completely anyway.

This will be the final death kick of China’s war on the world. Calling in the worlds debt once there is no economy...

https://www.youtube.com/watch?v=AGKYPVPwUk0

https://www.youtube.com/watch?v=nT21NAZVHDQ


Apparently it looks like the data coming out of COMEX is "skewed." Meaning that there are more contracts rolling over and not taking delivery than normal.. Even though there is more interest. The meaning is that there has already been a run on Gold and there there is very little left in reserve to cover all the contracts.

The September contract is rolling over to March..which means that is the earliest you can take delivery.

What they are thinking is that when the fact that there is actually little supply to be had is discovered there will be a revaluation of Gold to a much higher level.

Powell has said that the USA will never default on it's debt because all they have to do is print more money. Actually hit a few keys on the computer will do it.

https://www.youtube.com/watch?v=AbYC2b2FTas

This vid basically lays out what I have been saying all along, but taken from a different perspective.. His conclusions are the same. MY conclusion has been there we are headed for a Quasi Nationalized Zombie Subsistence Economy.

Here he is saying that the recent post CV panic crash Equity rally will fail and that instead of a crash it will be a long and drawn out decline. Where commodities and commodioty stocks will be the place to invest because they have little risk because they have remained bottomed out for the past decade.

He sees Gold will do very well but Silver will out perform. Where Silver will go to it's old $50 high and jump from there...

http://forums.pelicanparts.com/uploa...1599482250.jpg
http://forums.pelicanparts.com/uploa...1599482250.jpg

This was sent to me by my son.

Dave

Actually, in my thinking, I am leaning that way. It makes a lot of sense, depending on what you buy.

As I mentioned in PARF...I got a cold call from a local realtor, wanting to know if I was thinking of selling. Just a 70's style Ranch house on 1 1/2 acres 6 miles from a 13,000 population small town roughly 100 miles south of Portland...nothing special about it other than being out of Portland.

The local realtor said he was getting call from the Portland area...people wanting to leave.

http://forums.pelicanparts.com/uploa...1599517480.jpg
Some folks chant doomsdays predictions for the pleasure of making others worry.

With what is going on the appropriate response is to be worried. If yo are not then there is something is wrong with you in the head.

But to make others worry without any kind of solution is to gain satisfaction through either sadism or narcissism. You have openly admitted you enjoy tormenting others with "I told you so" so I lean toward narcissism.

I wonder if the Treasury would mind if I helped them out by printing a few bills myself on my Epson at home.

Just be careful where you spend them.

Remember George Floyd?

Too soon?

I am here to tell you the truth.

December is Front Month (GCZ0)

MONTH LAST CHG OPEN HIGH LOW DATE
Front Month 1923.80 -0.10 1926.20 1926.20 1903.10 09/08/20


http://forums.pelicanparts.com/uploa...1599580830.jpg

WFH - when you don’t need to be physically commuting to an office, lots of possibilities open up. I think Portlanders will be looking at all sorts of alternatives, from Astoria to Forest Grove, Dundee to Hood River.

seems sacrilegious to not have a pancake