Money & Economics

[bigredfish]

 

[bigredfish]

Wow, they're killing Gold , well and practically everything else

 

[bigredfish]

*BESSENT: WE'VE ALLOWED IRAN OIL TO CONTINUE OUT OF THE GULF
*BESSENT: US MAY UNSANCTION IRANAIN OIL THAT'S ON WATER

 

[bigredfish]

I've never been a Silver stacker as I've mentioned many times here. Too manipulated.

But today thyey're destroying it even more so than Gold

 

[bigredfish]

 

[bigredfish]

 

[mat200]

Why are employees laid off and "replaced by AI" ?

It's to pay the AI buildout bill .. just look at these DDR4 RDIMM prices ( Dell.com did not have DDR5 RDIMM modules available )

 

[bigredfish]

It’s obvious no matter what they say…

 

[bigredfish]

 

[mat200]

Guess I should short airlines ?

 

[bigredfish]

Guess I should short airlines ?

View attachment 240283

Little late

 

[bigredfish]

I;m sure this wil all blow over in a few weeks.

 

[bigredfish]

2008 is calling on Line #2....

 

[bigredfish]

The Gold and Silver markets are crashing.
Crypto is crashing.
The stock market is crashing.
The housing market is crashing.
The job market is crashing. (crashed)
The US Dollar is near worthless
Oil $100 p/bbl and climbing
Inflation continues to go Up
GDP down
Deficit WAY up


Someone explain to me how this doesn't result in a massive recession?

 

[bigredfish]

 

[bigredfish]

Great News!!!!
(Kidding)

There goes housing:

New Home Sales 587K, Exp. 722K, down 17.6%

 

[bigredfish]

 

[bigredfish]

Obviously there's no way to prove who's doing the Gold selling.
But given all I know and hearing from guys who know a LOT more than me, there is indeed big selling and its likely to raise cash and possibly sovereign funds..

 

[bigredfish]