Rod
Well-known member
But, the Fed (insert sarcasm) would never allow that to happen...
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coolhand's Account Talk
- Thread starter coolhand
- Start date
But, the Fed (insert sarcasm) would never allow that to happen...
DreamboatAnnie
Well-known member
Agree.... but I do believe that while the medical experts are correct, it is also true that waiting until there is barely any Wuhan virus left circulating or waiting for a vaccine will leave us sooooo devastated economically that we as a nation will be badly crippled and highly subject to danger of take over (economically) by other countries or in some other unexpected way..... dark forces we have not yet even thought of. Best we get back to work sooner rather than later and figure a good work around. Some kind of strategy to keep us relatively safe Both from the virus and economic collapse!
Second wave is definitely possible.... best to make or buy some good masks! Just can't stay locked up forever... and dang it, buy American!! :smile:
!!!!
coolhand
Well-known member
Yes, it is. And it's worse than we know, but it's also in the process of being taken apart right now.
coolhand
Well-known member
Some of you may not be ready for this, but the timeline for truth is out of our personal control. The Great Awakening is in Progress. The mind control will be broken for many. This is going viral fast...
https://www.youtube.com/watch?feature=youtu.be&v=MY8Nfzcn1qQ
https://www.youtube.com/watch?feature=youtu.be&v=MY8Nfzcn1qQ
coolhand
Well-known member
Happy Easter Everyone. May the Lord Jesus bless you and your families. He is fighting for us. Dark to Light!
https://www.youtube.com/watch?v=WJuNFrykd6c&feature=youtu.be
https://www.youtube.com/watch?v=WJuNFrykd6c&feature=youtu.be
Rod
Well-known member
We certainly don't want that. That would all but guarantee a second wave. Although we'll likely see one anyways in the Fall/Winter. The economy will not return to "normal" until a vaccine has been developed and distributed. Until then, the economy will not be firing on all cylinders. We'll be dealing with this for quite some time.
DreamboatAnnie
Well-known member
Our market could go back down...and even further if don't get back to work and allow our national debt to get so high that we can't pay it down to a reasonable level before the baby boomers die....and leave it to a smaller population of our children. I mean, the debt we are racking up will need to be paid back and the interest is mounting. We are lucky the interest is so low right now...just imagine if it were higher. But our currency could get massively devalued. Then inflation could rise to levels we've never seen....and a start down that road could already be in play.
I'm thinking about how the actions taken to deal with the Wuhan virus are at the same time killing our economy, killing jobs...and killing off small businesses. As small business dies, this could cause a rise and larger take over by corporations....of which it seems many do not care about America. That's all possible, but I am hopeful it will not end this way. I am hopeful countering actions taken will save many small businesses, but many will never come back. I am hopeful President Trump will end this shut down soon! …. even without the medical experts blessings.... I am hopeful he will be advised well on how to ramp the economy back up and fix this over the next four years, but after that all bets are off! Still too many persons in positions of power who just want to line their pockets at our expense... God help us!!!
I'm thinking about how the actions taken to deal with the Wuhan virus are at the same time killing our economy, killing jobs...and killing off small businesses. As small business dies, this could cause a rise and larger take over by corporations....of which it seems many do not care about America. That's all possible, but I am hopeful it will not end this way. I am hopeful countering actions taken will save many small businesses, but many will never come back. I am hopeful President Trump will end this shut down soon! …. even without the medical experts blessings.... I am hopeful he will be advised well on how to ramp the economy back up and fix this over the next four years, but after that all bets are off! Still too many persons in positions of power who just want to line their pockets at our expense... God help us!!!
DreamboatAnnie
Well-known member
Hi... Mcqlives, I had posted a link to PDF of the Creature of Jekyll Island last year. Here is the Link to PDF and Book. This is a Must read book.
Hi CoolHand, Thanks for turning us on to this book long ago. It's very informative! Best book on Federal Reserve. I have passed it on to several friends. I'm Also enjoying the youtube link to video speech by the Author. (your post 7633)…only about half way through, but should complete viewing it this weekend.
Best wishes to everyone, and hope you all* have a Blessed and Happy Easter!!! :smile:!!
Book Link
https://archive.org/details/pdfy--Pori1NL6fKm2SnY/mode/2up
Link to PDF, but Book Link is better. If you click on pdf you get it but not the most friendly format. So click at top right where it says "See Other Formats" . This takes you to the Book link. Scroll down below book and you will see several other formats including downloadable pdf, Kindle, etc. Enjoy!
https://archive.org/stream/pdfy--Pori1NL6fKm2SnY/The%20Creature%20From%20Jekyll%20Island_djvu.txt
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Beester15
Member
coolhand
Well-known member
The bulls kept it going today as price rose for the 2nd day in a row. And 4 days in a row for the DWCPF.
So the charts are improving, but they still have overhead resistance to contend with. Momentum looks good.
Breadth is now positive.
We have to remember that the selling that began in late February and didn't bottom until mid-March did a lot technical damage. The rally that is currently in progress has only retraced not even half of those losses (especially the DWCPF). It would be easy to get bullish here (especially with breadth flipping positive), but the smart money is not embracing this rally. NAAIM remains bearish.
Keep in mind that NAAIM was bullish for a long, long time when the market was rising. Are they any less smart now? Probably not, but I need to point out the risk. They may be waiting to see if price can break through the 50 and 200 dma's (or whatever other resistance areas they are watching). Remember that this market is not taking prisoners on either side of the trade (bulls or bears). Price can move very fast and deep in both directions.
I remain neutral. I won't bet against the smart money; especially with so many negatives in play.
So the charts are improving, but they still have overhead resistance to contend with. Momentum looks good.
Breadth is now positive.
We have to remember that the selling that began in late February and didn't bottom until mid-March did a lot technical damage. The rally that is currently in progress has only retraced not even half of those losses (especially the DWCPF). It would be easy to get bullish here (especially with breadth flipping positive), but the smart money is not embracing this rally. NAAIM remains bearish.
Keep in mind that NAAIM was bullish for a long, long time when the market was rising. Are they any less smart now? Probably not, but I need to point out the risk. They may be waiting to see if price can break through the 50 and 200 dma's (or whatever other resistance areas they are watching). Remember that this market is not taking prisoners on either side of the trade (bulls or bears). Price can move very fast and deep in both directions.
I remain neutral. I won't bet against the smart money; especially with so many negatives in play.
Rod
Well-known member
This guy has read/recorded 19 of the book's 26 chapters. Just found him today. Might want to ignore his other vids.
https://www.youtube.com/user/TheMorgile/videos
Rod
Well-known member
I remember him. Especially his profile pic... now that my memory has been jogged. Looks like his last post was 9 Sep 2009. So, it has indeed been awhile.
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coolhand
Well-known member
Here is a link to a videotaped appearance by the Author of that book.
https://www.youtube.com/watch?v=lu_VqX6J93k
https://www.youtube.com/watch?v=lu_VqX6J93k
coolhand
Well-known member
That book, which I read about 15 years ago, was what opened my eyes to the matrix. Who recommended it to me? Some of you old timers might remember Teknobucks. He and I got to be good friends (we both lived in Florida) and I'd met him on several occasions over the years, though I have not heard from him in some time now. He had a large following on TSP Talk back in the day.
