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tabs 09-06-2020 11:29 PM

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..

Noah930 09-06-2020 11:36 PM

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

KFC911 09-07-2020 02:27 AM

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 :)

unclebilly 09-07-2020 04:03 AM

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...

tabs 09-07-2020 04:17 AM

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.

tabs 09-07-2020 04:19 AM

Quote:

Originally Posted by Noah930 (Post 11016955)
So I should spend all my money now before it becomes worthless?

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.

tabs 09-07-2020 04:34 AM

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...

E38Driver 09-07-2020 04:39 AM

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

This was sent to me by my son.

Dave

Crowbob 09-07-2020 05:10 AM

Quote:

Originally Posted by Noah930 (Post 11016955)
So I should spend all my money now before it becomes worthless?

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

pwd72s 09-07-2020 10:57 AM

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.

Por_sha911 09-07-2020 02:25 PM

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

tabs 09-07-2020 04:28 PM

Quote:

Originally Posted by Por_sha911 (Post 11017655)
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.

Por_sha911 09-07-2020 05:21 PM

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.

Noah930 09-07-2020 05:29 PM

Quote:

Originally Posted by tabs (Post 11017046)
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.

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

unclebilly 09-07-2020 07:50 PM

Quote:

Originally Posted by Noah930 (Post 11017840)
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?

tabs 09-08-2020 06:36 AM

Quote:

Originally Posted by Por_sha911 (Post 11017828)
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 am here to tell you the truth.

Helix8 09-08-2020 07:49 AM

December is Front Month (GCZ0)

sammyg2 09-08-2020 08:01 AM

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

jyl 09-08-2020 09:30 AM

Quote:

Originally Posted by pwd72s (Post 11017470)
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.

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.

RWebb 09-08-2020 01:21 PM

Quote:

Originally Posted by sammyg2 (Post 11018349)
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


seems sacrilegious to not have a pancake

sammyg2 09-08-2020 02:07 PM

http://forums.pelicanparts.com/uploa...1599602867.jpg

tabs 09-09-2020 05:46 AM

Hey I like Bunny Rabbits...they are so all nice and soft...and they do have an admirable quality they like to screw...

And so do I, so bend over ..

One of the things that the Gold Boyz were talkin about in those vids is the fact that with so much interest in Gold the Contract prices should have jumped. BUT THEY DIDN"T.. Which has made them suspicious..things in the data are not adding up..They surmise that there has been a run on Gold and that the vaults have little left in them . Or far less than the amounts that they say are there.

So what does this mean..that the guys who are runnin the show want everything to appear to be hunky dory so as not to spoke the herd..

Problem is the guys runnin the show are soundin like Bagdad Bob..they can't keep the lid on it anymoe.

Por_sha911 09-09-2020 06:23 AM

Tabs, the one trick pony:
DOOM!
DOOM!
THE SKY IS FALLING!
THERE IS NO HOPE AND THERE IS NO WAY TO STOP IT!
ALL IS LOST!
I am just tell you these things to help you. :rolleyes:

tabs 09-09-2020 07:55 AM

Quote:

Originally Posted by por_sha911 (Post 11019420)
tabs, the one trick pony:
Doom!
Doom!
The sky is falling!
There is no hope and there is no way to stop it!
All is lost!
I am just tell you these things to help you. :rolleyes:

bs

sammyg2 09-09-2020 09:52 AM

Took the $$ from sell-offs last week and dumped most of it into GLDM.

tabs 09-09-2020 10:44 AM

I am sick and tired of the ignorant, stupid, those in denial and or who are delusional.

I gain nothing by posting here nor any where else. all I get out of it is to coalesce and memorialize my thoughts. Otherwise it has all been a big waste of time.

sammyg2 09-09-2020 10:46 AM

Don't let the door hit ya.

tabs 09-09-2020 11:20 AM

Some people have added a lot of zeros to their net worth in the past 6 months...Bezo's has added 80B, Elon is now #4 or so wealthiest person in the world...

But what iis the true value of all those added on zeros when the FED pumps in 3T and the US govt adds another 2.5T in debt on the ledger in 6 weeks with more to come?

According to today's Debt Clock the USA has apx 126T total assets and apx 236T in liabilities and unfunded liabilities aka accounts payable.

The Chinese last Thursday announced that they are going to sell off 20% or roughly 200B in their US Treasury portfolio. That is a de facto down grade in the credit rating of the USA. They also said that in the event of a conflict with the USA that they would sell all of their 1T US Treasury portfolio. Well there is at least another 200B the FED can put on their Balance Sheet.

tabs 09-09-2020 11:23 AM

Quote:

Originally Posted by sammyg2 (Post 11019788)
Don't let the door hit ya.

Tell that to the Chinese...They will luv ya for it..

But then again the Chinese haven't said anything about the 1T or so USD they are holding..and that is not to mention the corporate and private USD's in China... Let see what happens if they decide to dump those wholesale into the world economy... That just might set off a chain reaction of a lot of others dumping USD's..and then we will find out exactly what the value of all the zero's you have in your account are really worth..

That is not meant to scare you none, but to make you aware of the consequences that your actions might have..

The balance point is being reached that the USA has lost significant power economically. financially and politically where a second rate dictatorship feels bold enough to be able to flip the bird at the USA with impunity.

A lot of people in the world are looking at Americans as if they are weak minded and willed drunks who are falling into the gutter.

tabs 09-09-2020 12:26 PM

THE MADMAN----Have you not heard of that madman who lit a lantern in the bright morning hours, ran to the market place, and cried incessantly: "I seek God! I seek God!"---As many of those who did not believe in God were standing around just then, he provoked much laughter. Has he got lost? asked one. Did he lose his way like a child? asked another. Or is he hiding? Is he afraid of us? Has he gone on a voyage? emigrated?---Thus they yelled and laughed

The madman jumped into their midst and pierced them with his eyes. "Whither is God?" he cried; "I will tell you. We have killed him---you and I. All of us are his murderers. But how did we do this? How could we drink up the sea? Who gave us the sponge to wipe away the entire horizon? What were we doing when we unchained this earth from its sun? Whither is it moving now? Whither are we moving? Away from all suns? Are we not plunging continually? Backward, sideward, forward, in all directions? Is there still any up or down? Are we not straying, as through an infinite nothing? Do we not feel the breath of empty space? Has it not become colder? Is not night continually closing in on us? Do we not need to light lanterns in the morning? Do we hear nothing as yet of the noise of the gravediggers who are burying God? Do we smell nothing as yet of the divine decomposition? Gods, too, decompose. God is dead. God remains dead. And we have killed him.

"How shall we comfort ourselves, the murderers of all murderers? What was holiest and mightiest of all that the world has yet owned has bled to death under our knives: who will wipe this blood off us? What water is there for us to clean ourselves? What festivals of atonement, what sacred games shall we have to invent? Is not the greatness of this deed too great for us? Must we ourselves not become gods simply to appear worthy of it? There has never been a greater deed; and whoever is born after us---for the sake of this deed he will belong to a higher history than all history hitherto."

Here the madman fell silent and looked again at his listeners; and they, too, were silent and stared at him in astonishment. At last he threw his lantern on the ground, and it broke into pieces and went out. "I have come too early," he said then; "my time is not yet. This tremendous event is still on its way, still wandering; it has not yet reached the ears of men. Lightning and thunder require time; the light of the stars requires time; deeds, though done, still require time to be seen and heard. This deed is still more distant from them than most distant stars---and yet they have done it themselves.

It has been related further that on the same day the madman forced his way into several churches and there struck up his requiem aeternam deo. Led out and called to account, he is said always to have replied nothing but: "What after all are these churches now if they are not the tombs and sepulchers of God?"


Source: Friedrich Nietzsche, The Gay Science (1882, 1887) para. 125; Walter Kaufmann ed. (New York: Vintage, 1974), pp.181-82.]

sammyg2 09-09-2020 02:29 PM

If you wake up one morning believing that everyone in the whole world is wrong except for you, and that everyone is an idiot except you......
THEY are not the problem.

DanielDudley 09-10-2020 01:30 AM

And yet...

tabs 09-10-2020 01:52 AM

Quote:

Originally Posted by sammyg2 (Post 11020094)
If you wake up one morning believing that everyone in the whole world is wrong except for you, and that everyone is an idiot except you......
THEY are not the problem.

Being in the presence of someone who is dieing before your eyes brings reality into focus real quick. After having to deal with that reality i have never doubted my perceptions again. They are just accurate.

Seeing and dealing with deaths cleans all the perceptional detritious right off the table where you can get down to what is really going on.

Now you can get back to your bs pov boy.

tabs 09-10-2020 04:50 AM

And yeah most people sleep walk tnrough.life and behave like sheep. They wana believe the bs so that they dont have to deal the unpleasant realities in life. Which takes courage to face down. So yeah go back to sleep that is what most of you are good at to one degree or another.

tabs 09-10-2020 04:52 AM

Either you go towards the light and walk in it or you hide in the dark.

stevej37 09-10-2020 11:01 AM

<iframe width="560" height="315" src="https://www.youtube.com/embed/zGkfzaMNINc?start=105" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

RWebb 09-10-2020 11:22 AM

Quote:

Originally Posted by tabs (Post 11020739)
Either you go towards the light and walk in it or you hide in the dark.

UV light?


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