Yes. For a reason.

Too late to fix this stack. Only way it can go is down. With enough time...

Define "short lived"...One week? 6 weeks? 6 years? A decade?

Here's a video I posted on PARF. Milton Friedman speech circa 1979 on money and inflation. Since any politicians he mentioned are many years in the past and only mentioned in context of the economic results of their policies. maybe it'll pass censorship here. The speech and the Q&A session afterwards are well worth the one and a half hours it takes to view.

https://www.youtube.com/watch?v=B_nGEj8wIP0&ab_channel=FreeToChooseNetwork

Which family ?

Ah....so you want me to do what’s never been done? Sorry, if I could do that I’d have retired long ago. :D

If I’ve learned anything over the years, it’s that there are no “experts” in the stock market. If they guess right, it goes in their resume, if they guess wrong it’s forgotten. Most experts guess wrong...but with style.

Ahh, for that crystal ball...;)

Which way things are going to go is to be determined...no body knows which way it is going to break. Everybody is scared..

People are becoming WOKE to the fact that Equites have climbed and climbed..and are now touching the sky.

Papa Biden in the WH does not inspire confidence. Wt big bad Putin and Ji huffing and puffing threatening to blow the doors off.

Congress is as useless as ever

The FED has become wishy washy... They say they want to tighten but leave things the same. No certainty from them...thus their street cred is now becoming suspect..that is bad juju.

The FED is afraid to act because they know that the consequences of their tightening actions will be rather dire..yet inflation is gnawing away at USD buying power...where the American standard of living is hitting the asphalt. As it should. it is the great comeuppance, a great reset and attitude adjustment. It is a de facto taste of reality.

You have nothing and you will be happy.

Either way the FED jumps there are going to be negative consequences...they tighten and the economy drops like a rock. They keep on accommodating and inflation destroys standard of living...and eventually the economy drops like a rock...

The only hope here is that inflation will moderate itself and taper off. Of course leaving the American consumer just a bit farther behind the 8 Ball...as the inflation will have eroded buying power. Stuff will be just a little harder to reach if not affordable.

Every week the price of spoons goes up. Instead of watching Gold which is manipulated I watch spoons for sentiment..

Colt Diamondback recently were 14 to 18 now 2 to 3... FN HP's around 12 now 18 to 3...Mint Moisin M39's 6 to 7 now 12.. SW 29-2s 12 to 14 now over 2.. mint Swede m94 8 to 9 now at 2... It has gotten Crazeeee..

Best place to put money is in current production spoons as they have a mfg price ceiling..

Moderna and Amazon has taken a crapola for me.....everything else has been close to sable.

Yes. The stock market goes up. And when it has went up too much it comes down. Evidently one has to be a market *expert* to point this out.

My advice is to stay in the market, buy some metal, keeps some cash and be on good terms with your brother who owns abuncha farmland.

:)
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