Good morning, QTR. it’s always refreshing reading Peter Schiff’s take on things. For the longest time, commentators on Zero Hedge would write awful things about his views. However, over the past few months, they have largely gone silent. His predictions are becoming reality, especially when it comes to inflation and gold prices soaring. Unfortunately, this means that most of us will continue to suffer loss of purchasing power, no matter whom is president. Well, bad times make tough people, so buckle up!
Refreshing to read or hear something from Peter Schiff where he mentions bitcoin and has nothing negative to say. Schiff becoming neutral on bitcoin is bullish for the crypto market.
If y’all understood Kamala’s long game, you’d see, with her unrealized capital gains tax and free money(you get a forgivable loan and you get one and everyone-oh wait, you’re not black enough, you don’t get one), she’s looking to tank the market to where it bottoms out and then the disadvantaged, who have been left behind, can get in the market at the bottom:so we’re all on equal footing. No matter we’re standing on quicksand with an anchor around our neck, we’ll all be sinking TOGETHER…and doncha know, there’s joy in togetherness.
Agree, each candidate presents its scripted marketing points while the real message is (and always has been) keeping the 'underclass' under control with little pieces of candy. Neither candidate gives a hoot about the citizens, it's just business and the business model is the 'joy of togetherness' of taking more from the bottom and give to the top. And the people consent.
IMHO, it's all pandering for a vote, like prostitutes for $ or a drug addict for their next hit. False marketing and the people believe this crap. Such is America. It's juvenile and insulting for serious people.
“You can see that the markets are starting to believe that Trump is going to win this race, and that’s bullish for the markets. I mean, what is Donald Trump promising? He’s promising to lower corporate tax rates—that’s good. He’s promising less regulation—that’s good. So, lower taxes, fewer regulations—that’s bullish for the market relative to what the markets would be encountering in a Kamala Harris administration. I think that’s what’s going on with the market.”
Oh, please! How frickin "bullish" can things get for stonks? Give it a damn break. If we are measuring presidents by stonk markets, Biden might be the GOAT.......and his ass has been AWOL for the last 3 years.
Both Trump and Kamala are going to sign whatever spending bills come across their desk. Taxes and regulations? WTF? Like that is some game changing dynamic in this shit-show.
So fkg sick of this political bullshit. I guess we can start taking bets on how the sun will react in the morning based on who becomes the head monkey in DC. It is becoming so obvious just how fkg shallow everyone is........to think everything........EVERYTHING......hangs in the balance of the sucker that gets voted into office.
I am going to take great pride in the fact that I didn't take part in this shit show and vote for either of the fkg idiots that were foisted upon the American public.
Good morning, QTR. it’s always refreshing reading Peter Schiff’s take on things. For the longest time, commentators on Zero Hedge would write awful things about his views. However, over the past few months, they have largely gone silent. His predictions are becoming reality, especially when it comes to inflation and gold prices soaring. Unfortunately, this means that most of us will continue to suffer loss of purchasing power, no matter whom is president. Well, bad times make tough people, so buckle up!
Tough to talk shit with gold at $2700 and still screaming...
Miners still playing catch-up a bit, IMO...
Refreshing to read or hear something from Peter Schiff where he mentions bitcoin and has nothing negative to say. Schiff becoming neutral on bitcoin is bullish for the crypto market.
Bread and circuses.
If y’all understood Kamala’s long game, you’d see, with her unrealized capital gains tax and free money(you get a forgivable loan and you get one and everyone-oh wait, you’re not black enough, you don’t get one), she’s looking to tank the market to where it bottoms out and then the disadvantaged, who have been left behind, can get in the market at the bottom:so we’re all on equal footing. No matter we’re standing on quicksand with an anchor around our neck, we’ll all be sinking TOGETHER…and doncha know, there’s joy in togetherness.
Agree, each candidate presents its scripted marketing points while the real message is (and always has been) keeping the 'underclass' under control with little pieces of candy. Neither candidate gives a hoot about the citizens, it's just business and the business model is the 'joy of togetherness' of taking more from the bottom and give to the top. And the people consent.
IMHO, it's all pandering for a vote, like prostitutes for $ or a drug addict for their next hit. False marketing and the people believe this crap. Such is America. It's juvenile and insulting for serious people.
Peter states.......
“You can see that the markets are starting to believe that Trump is going to win this race, and that’s bullish for the markets. I mean, what is Donald Trump promising? He’s promising to lower corporate tax rates—that’s good. He’s promising less regulation—that’s good. So, lower taxes, fewer regulations—that’s bullish for the market relative to what the markets would be encountering in a Kamala Harris administration. I think that’s what’s going on with the market.”
Oh, please! How frickin "bullish" can things get for stonks? Give it a damn break. If we are measuring presidents by stonk markets, Biden might be the GOAT.......and his ass has been AWOL for the last 3 years.
Both Trump and Kamala are going to sign whatever spending bills come across their desk. Taxes and regulations? WTF? Like that is some game changing dynamic in this shit-show.
So fkg sick of this political bullshit. I guess we can start taking bets on how the sun will react in the morning based on who becomes the head monkey in DC. It is becoming so obvious just how fkg shallow everyone is........to think everything........EVERYTHING......hangs in the balance of the sucker that gets voted into office.
I am going to take great pride in the fact that I didn't take part in this shit show and vote for either of the fkg idiots that were foisted upon the American public.
I love Peter's stuff, thanks for sharing. I hope he is right and Trump wins, despite his flaws he's the best bet.