"A totalitarian system can function for a time on color of law and implied threats, but it will crumble unless it...[establishes] a physical presence of force."
Resistance brings boots on the ground and degrades state legitimacy
https://bit.ly/3i4djOZ
The Federal Reserve is trapped because its policy will decide in which direction the market collapses. It's kind of like a bank robber feels once surrounded by cops. Does he try to escape and risk adding a murder (of the currency) charge or surrender?
There are many charts like this in the gold mining space. Nobody wants these right now. I'm accumulating.
$MAE.V has come all the way back down to test its breakout. Was 75% higher when gold was at $2000. The stock was also valued here based on their one mine that is going into production. Since then, they've hit on another property, could be another mine.
Twetchdat for Gab so I can abandon Twitter forever.
The event horizon in American politics approaches.
NY Gov threatens to replace hospital workers with foreigners if they don't get the vaxx. She has reached out to the State Dept about this.
https://archive.is/iaFfx
Inflation: when the government prints money to fight the shortages caused by printing money.
"UK bails out an American company to prevent food supply crisis"
https://archive.is/wip/tn1pt
Credit bubbles require increasing amounts of support because percentage growth too. If the Fed said it would buy $120 billion in assets for eternity, at some point in the not-too-distant future it would stop working.
The Fed Chairman says tapering isn't tightening. That he said it means he thinks the public is dumb. Anytime they reduce support it is a form of tightening because the market has priced in the full support.
There's always some explanation for why there are shortages and soaring prices, but the real cause is inflation. Global central banks and govts wrecked the economy.
"For Auto Makers, the Chip Famine Will Persist"
https://archive.fo/qfhN2
The Chinese economy is one giant Evergrande. Ditto for Europe, USA And Japan.
Broke: You can't fork Bitcoin
Woke: Yes I can
Bespoke: You're not running your own private fork?
My doc, who's fine with the vaxx, nonetheless said go for it with ivermectin. Said the politicization is bullshit, no studies being done, no guidance. Said familiar with HCQ, McCullough. Not happy. I'm in deep blue country.
Baizuo are so f-ing retarded. They think reins on a horse are whips. Starts at around 5min in the video.
American funded, Chinese designed virus made to be highly infectious in human, and accidentally releases. One of the top men involved in funding the work, Dr. Fauci, remains in charge of the response to his crime against humanity.
https://archive.is/itqJH
Norm liked long shots, so I took a crack on a deep OTM weekly put on $ADBE
I'm not short BTC, but I take this as a bombs away signal for stocks.as long as below $42k
Welcome to the bear market. If the Fed doesn't tighten fast, inflation destroys corporate earnings. If the Fed fights inflation, money printer go reverse.
"FedEx Tumbles After Missing Earnings, Guiding Lower On Soaring Labor, Transportation Costs"
Federal Reserve and govt preventing market panics is the same as suppressing forest fires. The behavior creates the conditions that will unleash a fire that nothing can put out, so large it may consume the central bank and govt along with the economy.
The gold/copper ratio is rising. I'm inclined to sell the rips.
