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5 Comments

  1. JWR
    We should all be working up a recipe for a hat made from delicious meat. Bacon comes to mind. Felt sounds kind of rough.
    I too am skeptical, I do not sit at the table in the Wall Street Casino. The 2017 rally is fed from players around the world so it may continue for a while. When the time comes for the house to bust us out I will already be on the sidelines stacking silver and ammo.
    Happy New Year!
    Hope for the best and prepare for the Schumer.

  2. Another crypto to look at is Lumens (XLM). Was $0.03 a few months ago and hit $0.45 last night.

    Have u heard of the exchange FairX? It’s supposed to be the coinbase of altcoins and will use Lumans as its blockchain.

    A. Coinbase is limited
    B. More exposure to altcoins which drives increase in price
    C. It’ll be user friendly like CB for all the newbs wanting to dump money
    D. It’s using Lumans, which means the price will increase significantly + with addition to buying options on FairX
    E. Fees will be cheap and transactions lightning fast…..everything Coinbase is not
    F. FairX is US based

    According to their twitter, projected release 1Q18

  3. JWR,
    Remember these quotes?

    “They worked all their lives to save and now what happens is they’re being forced into an inflated stock market and at some point they’ll get wiped out,”

    “I think we’re sitting on an economic bubble. A financial bubble,”

    “The only thing that is strong is the artificial stock market,”

    “The only thing that looks good is the stock market, but if you raise interest rates even a little bit, that’s going to come crashing down,”

    “We are in a big, fat, ugly bubble.”

    “Remember the word bubble? You heard it here first. I don’t want to sound rude, but I hope if it explodes, it’s going to be now, rather than two months into another administration,”

    It would seem that President Trump has forgotten his words as a candidate. Are we to now believe that the algo-driven farce known as global “markets” have been magically transformed into totally legitimate creators of wealth and prosperity? The White House now uses the same metrics to declare an economic victory as it did to decry the previous administrations failures. As interesting as it would be to see you eat your hat, I believe you have nothing to fear. The theft of future wealth from our great-grandchildren will continue unabated in 2018.

  4. JWR
    I would watch the price of gold, when it goes up fast, it will be the canary in the coal mine.
    The Book the 4th turning is an eye opener.
    Happy New Year everyone.

  5. When currency is worth nothing then precious metals will rule. As an example you could have purchased 1 ounce of silver in Venezuela 4 years ago for 1 bolivitar, or about 1 USD.
    Now it is worth a lot more, Oh I don’t know maybe 50 thousands times as much
    OMG maybe one 30 times as much, you do the math

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