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JimG
JimG
September 22, 2021 11:25 am
BillCara
BillCara
September 20, 2021 11:31 pm

Trudeau prevails in Canada I can guess that the voters were most satisfied with Trudeau’s free money programs, but maybe I am wrong on that. I have not watched the campaign closely but the Conservative candidate in my riding had a website that I told Pat was the worst maybe I have ever seen. If the party doesn’t recruit good candidates, they deserve to lose. So Canada is now stuck with a minority government, which means they won only 157 seats out of a total of 338. Now they can lose on a vote of confidence if enough of the… Read more »

BillCara
BillCara
Reply to  BillCara
September 20, 2021 11:54 pm

When the Canadian election results are fully tallied overnight, I believe that sociologists will see the factors that won for Trudeau were the same that won for Biden. In a world-leading city and metro area of Toronto, there are I think 58 ridings and I don’t think the center to right of center Conservatives won a single one. The left of center Liberals and far left NDP won them all. Sound familiar? The parties that offer the biggest social spending programs win in the city where people go to receive social support. I am guessing they did the same in… Read more »

baz22
baz22
September 17, 2021 9:03 pm

The total ignorance in some areas is amazing.. Today, at a store I get snacks at, the owner heard me discussing mRNA vaccines and stated ” well, over 60% of people in the hospitals from the variant ( I asked which one and he didn’t know) have been vaccinated. I did a quick Google search to show him the numbers in the US…. He said he didn’t believe it, and wasn’t going to get any shots… Neither was his wife and two coworkers….There you have it… If they don’t get vaccinated thats their choice ( he has diabetes and heart… Read more »

Last edited 4 days ago by baz22
goldbug58
goldbug58
September 17, 2021 10:31 am

22-year-old Gabriel “Gabby” Petito, missing for 2 weeks after a few months camping and traveling out West. Visited national parks in Utah and Wyoming with her boyfriend; the boyfriend drives back to Florida alone (in her van) on 1 Sept; refuses to say the last time he saw her or where they parted company. His parents tell police to “talk to our lawyer”. Search going on in Grand Tetons park in Wyoming, but they really have no idea where to look. Sad.

tobyt
September 17, 2021 9:32 am

FWIW…….Shenzhou 12, Inspiration4 and the International Space Station were all aloft at the same time for a few days this week, setting a new record for the most people in space simultaneously (14). The 3 chinese just came back to earth. A robot supply ship is scheduled to rendevous with the currently un-manned chinese space station in late Sept and the next crew is scheduled to deploy in late Oct….They will also be adding two new sections to the orbiting spacecraft.

Bob
Bob
September 16, 2021 10:27 pm

The German experience appears to be one of Biden’s gifts to the new U.S.A. https://theamericansun.com/2021/09/16/afghan-migrants-european-experience-criminality-statistics-american-future/

BillCara
BillCara
September 16, 2021 10:07 pm

Downtown Abbey, a second time Along with tens of millions of others around the world, Pat and I watched Downton Abbey a few years ago on TV. The show won many awards. For some reason earlier in the week, we decided to watch the entire series on Amazon Prime, binge watching if you will. We are still early in the six seasons but we quickly came to two conclusions: (1) Downton Abbey is the finest TV series produced, in the world, ever, and (2) it’s much better watching it on Amazon Prime straight-through with no commercials. If you love excellence,… Read more »

goldbug58
goldbug58
September 16, 2021 11:30 am

US Monetary policy; too many things that are confusing and hard to understand; Fed buying a reported 120B per month in USTs and MBSs for the past 18 months; M1 now approaching $20 Trillion; one economist I follow insists that QE is a massive failure, i.e. that the Fed’s purchases simply sit dormant as bank reserves; yet bank reserves are not a component of M1, so how has the money supply grown exponentially. If you simply look at M1 expansion and current inflation numbers, you’d think the Fed is on a mission to destroy the USD. Not making sense; but… Read more »

JimG
JimG
Reply to  goldbug58
September 16, 2021 12:28 pm

This is what people understand the most…prices:

6 peaches…$9.11

peach.jpeg
JimG
JimG
September 16, 2021 11:25 am

Hidden Forces: Demetri Kofinas, speaks with Simon Mikhailovich, about his experience living in the Soviet Union, how that experience informs his investment philosophy and why he sees gold as the ultimate OTM put option on the failure of extreme monetary policy.

https://bit.ly/HF_209

tobyt
September 16, 2021 10:37 am

I sent baz22 and others a map of Afghanistan about 2 months ago showing that the Taliban had already conquered the areas where the anti-Taliban (backed by CIA) war 20 years ago had started and said it was now inevitable that the Taliban would take over…..this news from Yemen/Saudi is rather ominous on possibly the next domino to fall??? Riyadh Left Out In The Wind As Houthi Drones And Missiles Rain….interesting foreign policy we have???

kaimu
Reply to  tobyt
September 16, 2021 12:03 pm

Aloha!
All part of the Build Back Better tactics to destroy the USA standing in the world. It seems biden, whether cognitive or not, has been conned into believing going super woke and America Last will be his greatest legacy! All biden policies are done to destroy the USA. They want a new “woke capitalism” which is just a fake con, its really marxism. The democrat [arty admires xi and wants the same power and control. What else can you infer from biden and democrat daily actions?

BillCara
BillCara
September 15, 2021 7:53 pm

Brooke Simpson, role model Tonight I watched last night’s America’s Got Talent show. Brooke Simpson, a singer who is an American Indian, impressed me greatly. The pride in her heritage was palpable. I hope she wins tonight. But the act made me think about how America’s sports teams are changing their names, ashamed of the history. But why not make it a tribute to American history? Why, for instance, could the Cleveland Indians baseball team — the team I have watched for 70 years — not rename themselves “Indian Nation”? The Cleveland Indian Nation. Would that not be special? I… Read more »

Last edited 7 days ago by BillCara
goldbug58
goldbug58
September 15, 2021 2:21 pm

US LNG export markets and imports in Bcf through Jul 2021; Brazil, Argentina, Chile have been taking cargoes as well as Asia and Europe; “green” is many distant years away; energy markets are speaking right now.

LNG markets.png
goldbug58
goldbug58
September 15, 2021 9:28 am

UK loses a connector from France, disrupts 2GW of electricity; price of nat. gas in Europe jumps 20%; $150/bbl. oil equivalent; as if the energy situation wasn’t bad enough there already…

kaimu
Reply to  goldbug58
September 15, 2021 10:22 am

Aloha! The timing of the “green unicorn” is horrible. To dismantle the fossil fuel industry while only 8% of US power requirements are covered by renewables is ludicrous! This you can lay at the feet of the aocs and pelosis and bidens of the world but they will spin it as the fault of fossil fuel industry giants like XOM and CVX and say, “See this is why we need to go green even faster!” In reality the first to dide off will be the elderly who can no longer afford to heat their homes or cool their homes, but… Read more »

kaimu
Reply to  Bill Cara
September 15, 2021 11:30 am

Aloha!

Some?
Bill I would say almost all of congress that are career politicians are totally corrupted. You cannot be in DC for 30 years and not be corrupt.

In Russia stalin took over under communism and now putin rules as a marxist and he decides which companies win and which ones lose just like xi.

kaimu
September 15, 2021 8:20 am

Aloha!
Here is a headline today that reminds me of the big days of tech in the 1990s! She is the new Mary Meeker!

Cathie Wood Sells $66 Million of Tesla Shares, Adds Robinhood
Bloomberg

For once I’d like to see that headline look like this …
Cathie Wood Plans To Sell $66 Million Tesla Shares Next Week And Then Buy Robinhood The Following Week

Its great when you have your own private financial news agencies working for you. How can you not make money?

Its as corrupt as you can get!

Last edited 7 days ago by kaimu
kaimu
September 15, 2021 8:10 am

Aloha! MAD MONEY ON GOLD VS CRYPTO This is the same guy who told his followers on tv to load up on Bear Stearns stock on the Friday before it went bankrupt on Sunday! He then went on Oprah to apologize. Imagine losing people so much money you have to go on Oprah! But … he has some valid points about gold vs crypto. You can read his report below at the link. He notes Barrick Gold’s CEO is telling his shareholders he plans on lower gold price in five years. So much for owning Barrick! Here are my opinions… Read more »

kaimu
September 15, 2021 7:36 am

Aloha! LEAK PRECEDENT NOW INFECTS BIDEN ADMIN I find it curious how the leaks against biden while not as many as Trump had, are having a toll on his credibility. Like this one. WASHINGTON, Sept 14 (Reuters) – U.S. President Joe Biden denied on Tuesday a media report that his Chinese counterpart, Xi Jinping, last week turned down an offer from Biden for a face-to-face meeting. The Financial Times cited multiple people briefed on a 90-minute call between the two leaders last week as saying Xi did not take Biden up on the offer and instead insisted that Washington adopt… Read more »

JimG
JimG
September 14, 2021 9:57 am

Democrats are calling for raising the corporate tax rate to 26.5% from 21%, a 3-percentage-point surtax on top earners and a capital-gains tax increase. Democrats plan a committee vote this week on the proposals, which would generate more than $2 trillion that would go toward expanding Medicare, increasing renewable-energy tax breaks and creating a national paid-leave program, among other items.Democrats also are looking elsewhere to cover the rest of the $3.5 trillion spending and tax-cut agenda they aim to pass this fall. They hope the government can save $700 billion from prescription drug pricing policy changes, and they plan to assert that… Read more »

kaimu
Reply to  JimG
September 14, 2021 12:23 pm

Aloha! To me there should be the opposite. A freeze on any further taxation until the economy recovers 100%from the pandemic. Wait until there aren’t 12mil unfilled jobs and the participation rate goes up to prior levels. Dems assume $400k taxable income is “rich”! We didn’t all get rich off the pandemic like Bezos did! The CPAs and tax attorneys will get rich and the biden bean counters will fall way short of $2tril! If anything will drive more inflation its people who didn’t pay into a system spending free money biden bucks! Every action biden takes destroys more and… Read more »

kaimu
September 14, 2021 9:20 am

Aloha! SPRT TURNS TO GREE TOMORROW Today is the last day as SPRT! And by cursory count for Sept 17 the open interest is around 89,941 call contracts and far outweighed by the 359,138 put contracts. Total SPRT options contracts 449,079. So x100 for each contract and that equals a lot of shares as the merger conversion is set at 0.115 shares of GREE(Class A) for every share of SPRT. Considering Greenidge was a private company before the merger there isn’t the contagion of criminal market makers to contend with. GREE will have $76mil in cash and an ARR of… Read more »

Last edited 8 days ago by kaimu
kaimu
Reply to  kaimu
September 14, 2021 3:13 pm

Aloha!
The maximum opening share price was $203. Why is there a cap on the upper price and not the lower? Interesting how there’s always a one way street when it comes to bankers, lawyers and market makers on Wall Street.

dave.raj09@yahoo.com
Reply to  kaimu
September 14, 2021 3:42 pm

why SPRT going down so much–40% and counting

kaimu
Reply to  [email protected]
September 15, 2021 7:47 am

Aloha!
I think GREE botched the merger since most mergers I have seen have a set price for the shares being merged. Instead GREE set a maximum share price but no minimum. GREE knew SPRT was heavily shorted. I am guessing but I think there will be class action suits filed.

In premarket GREE is trading at $67.

I sent them an email to their IR dept that stated that and I included the attachment here. Feel free to file a complaint.

SWSEC.JPG
kaimu
Reply to  kaimu
September 15, 2021 7:49 am

I hesitate to say I have “a guy” at the SEC but I do! lol!

kaimu
Reply to  kaimu
September 15, 2021 8:35 am

Aloha!

Just a quick survey. Has anyone here ever filed a complaint with the SEC because they lost money in a shady deal? I have.

Just remember the SEC works for us investors/traders too. You can file a complaint and if they get enough complaints they will open an investigation. I have recovered funds in the past, way back in 2003, but I think they have some credibility left.

This works for private companies and public ones. SEC and Federal laws are violated every day!

kaimu
September 13, 2021 11:22 am

Aloha! PUSHING FOR A NEW CAPITALISM In the past if you had an idea to invent a product you got your family and friends to kick in some money and build a prototype in your garage. Government didn’t contribute anything to the creative capitalist process. That is how Steve Jobs started Apple in Cupertino, CA. He also was part of the Home Brew Computer Club where techies of his ilk met to discuss R&D. Once Steve Jobs had a prototype he showcased at the Home Brew group and other ideas started from there. Like Bill Gates spreadsheets and Microsoft was… Read more »

Bert
Bert
Reply to  kaimu
September 14, 2021 7:38 am

Build Back Bull*&%! Skip to 35 minutes in. Please connect the dots. https://plandemicseries.com/

kaimu
September 13, 2021 9:49 am

Aloha! BUILD BACK BETTER HAS EU ORIGINS Not that biden is that clever with “catchphrases” the one he used during his presidential campaign from his basement is a copy from the EU. The agenda being put forth is pure EU and marxist. You can go through the World Economic Forum, the same Davos Group, timeline and see how we got where we are. Of note is the year 1975 where the Forum insists that CEOs become more like politicians. It is an agenda in the EU and now here in the USA. You can also see the same agenda within… Read more »

kaimu
September 13, 2021 9:35 am

Aloha! AUSSIES SPEND $3.3BIL ON NEW GRID TO SAVE $0.49BIL If you want to see the ineptitude coming to your electric bill and the entire EV unicorn depends on then look no further than Australia and the HumeLink. This new grid transmission does not connect a single large city but costs overrun and what was $1.3bil cost projected turned into $3.3bil! To sell this “renewable grid” to the public HumLink promised a $491mil savings on electricity. Households could be up for $2b electricity transmission cost blowoutPeter Hannan, Sydney Morning Herald Transgrid now expects its proposed HumeLink – a 500-kilovolt line connecting Wagga Wagga,… Read more »

kaimu
Reply to  kaimu
September 13, 2021 9:53 am

Aloha!

Here is the survey link I forgot. Ten percent of the Australian population is 3.5mil people. That is a lot.

LINK: https://www.abc.net.au/news/2014-10-13/ey-electricity-stress-survey/5806938?nw=0

kaimu
September 13, 2021 4:54 am

Aloha! WHEN POLITICIANS CREATE FAKE MARKETS We all suffer when politics chooses winners and losers. In this case they have chosen GM, Ford and Fiat Chrysler so long as they only hire union workers. Not even Chrysler is 100% pure USA. None of them are 100%. Who are the losers? All of us who compete as if we have a “free market”. This is anti-capitalist marxism. Awhile back I posted an EV study funded by Toyota in the UK. The study surveyed Brits and a full 25% said they would never own an EV in their lifetime. That is the… Read more »

tobyt
Reply to  kaimu
September 13, 2021 8:56 am

as an aside I noted that a headline in Europe read “energy prices hit a new high” as a lack of wind has impacted their large windmill farms coupled with the increase in natural gas prices…..Coming soon to a state near you??? Cannot think of anything generating electricity that depends on the “climate” more than wind turbines…oh well….