Thank you Jerome Powell



When they put it in your lap just say thank you.

Yesterday was down over $18,000.  Today I rung the bell!

FED Chairman, Jerome Powell was talking it up this morning in Jackson Hole, WY, and look what happened.

In the language of my tribe, the White Earth Band of Chippewa all I can say is,

Miigwech

Economics, Politics, the FED and America


Thank you, Jerry, Sun, Roy, and Chris for your time. Majoring in economics was a big help in my career albeit it was for me to sort out the wheat from the chaff. At the close yesterday I was down $18 grand, today up close to $50 grand and climbing.  Days like today I don't mind working in retirement.

That said, I can't own enough gold!

Today, the market is rallying hard on the Jackson Hole, WY pronouncements from FED CHAIR, Jerome Powell. My take is the same, inflation will skyrocket. These hucksters have no clue. 

It's all politics.

Jerome Powell, did NOT, address the printing of Trillions of dollars which caused all of this inflation starting during the COVID-19 fraud. Plain and simple, the pandemic was a controlled clinical trial in social engineering and a get-rich scheme for the Government to pay kickbacks to Big Pharma. He did not address handing $10 TRILLION to his cronies and friends. Epic gaslighting. Don't believe me? Just wait.

The housing market, and borrowing costs for the average American are irrelevant. Dropping interest rates is NOT going to bring down housing prices. Supply has a place and this misfit who is running for President knows zero about economics and managing anything least of all a border where she allowed 10,000,000 criminals into this great country and you are paying for them. Had enough yet? Keep voting Democrat. 

Lower rates have everything to do with issuing new debt at lower rates to fund trillions in proposed spending. This funding will include more war spending, backstopping toxic balance sheets in the banks, and rescuing trillions in commercial real estate.

All of this will be inflationary. Gold will go much higher as a store of value.

You knew they would find a perfect time to cut rates before the election. The day after the DNC they crow like roosters about how things have changed according to their data. Data, you ask?

When we thought the economy added a million more jobs in the last year, was that "data-driven"? How about today when we know it wasn't data-driven;  job creation was cut by 818,000 jobs. Data you say? Your government data is dirty and make-believe. Fairy dust data. If the Government BLS were a private company and lied to such a degree about job numbers in that order of magnitude it would be called fraud and they would face prison time.

The Fed is not data-driven, and neither are the markets.

Precious metals, oil stocks, and bonds are your best bets. I follow Warren Buffett, via Berkshire Hathaway Class B shares. He is adding cash and bonds and lowering his allocation to equities.

Remember I said this. A 2% inflation rate is fundamentally a scam on America.  It's theft.  Since January of 2022 the GDP, (gross domestic product for those of you in Mandaree) has grown by more than $5 Trillion while the debt has grown by almost $6 Trillion and during that time the interest on the Debt of the United States has risen from $423 billion to over $1 Trillion.

Today gold closing in on an all-time high, stocks are at all-time highs, and housing is at all-time highs.  Food, healthcare, and education are at all-time highs. 

Dropping inflation to 2% still has you paying 22% more on top of the 20% inflation you are paying now.  

If you like your $16 cheeseburger you can keep your $20 cheeseburger!

Trump is the lesser evil.  I will vote Trump.




 


 




Keep Voting Democrat

Coming to the America you know and love, just leave it to the Democrats! 

Vice & Pornography!!



  

Wednesday, August 21, 2024

ETF's

One of the greatest "new" innovations in the investment world has been the spawn of exchange-traded funds.

I love them. 

I use them daily, weekly, monthly, annually, and probably forever.

I don't need the inherent risk in an individual stock.

The proliferation of ETF's has been monstrous.

If you don't use them I would suggest you look into their many  benefits if you are not an active investor.

I'm just sayin'.............

One thing is certain and you can put this in stone.

What follows bull markets is bear markets.   Every day we get closer to the day of reckoning where shit hits the fan.

Remember this,  bear markets don't develop overnight and big liquidations don't begin at the market tops.

My equity market exposure has decreased over the last couple of years.  My biggest positions are boring as hell.

Costco, because I need help finding a place to park at the 8 Costco's I frequent around the country and in Mexico.

Berkshire Hathaway Class B shares simply because betting against Warren Buffet is a fool's game.

Nvidia.  Is there anything better in that space?   Didn't think so.

Palantir.  Am sticking with Alex Karp.  

I want to talk about a few names I own that will someday have their face in the sun and now they are in a dense fog.

Warner Brothers Discovery     Is David Zazlav reason enough to own it?  

SoFI.      Is 158,000,000 platform accounts enough to make a couple of bucks? 

We had a shot across the bow a couple of weeks ago though I didn't feel it because on August 5 I owned a slug of TWKS, Thoughtworks, and that was the day a buyout was announced.  Sometimes you get lucky.  

I did sell CMPO the other day.  Probably sold for the wrong reason but hindsight is always 100%.  It had been good to me so I said goodbye.

I don't have it to trade as aggressively as in 2021.

It was wild and very profitable during the Covid nonsense.

2021 Parisian Aggressive Trading Account

I AM NOT JUST VOTING FOR TRUMP!!!

NO, I'm not.  

I'm voting for the First Amendment and freedom of speech.

I'm voting for the Second Amendment and my right to defend my life and my family. 

I'm voting for the next Supreme Court Justice(s) to protect the Constitution and the Bill of Rights.

I’m voting for the continued growth of my retirement and reducing inflation.

I’m voting for a return of our troops from foreign countries and the end to America’s involvement in foreign conflicts.

I'm voting for the Electoral College and for the Republic in which we live. 

I'm voting for the Police to be respected and to ensure Law & Order.

I am tired of all the criminals having a revolving door and being put back in the street.

I’m voting for the continued appointment of Federal Judges who respect the Constitution and the Bill of Rights.

I’m voting for keeping our jobs to remain in America and not be outsourced all over the world - to China, Mexico and other foreign countries.

I want USA made.

I’m voting for secure borders and legal immigration. I can’t believe we have actually flown 380,000 illegal immigrants into our country.

I am voting for doing away with all of the freebies given to all of the illegals and not looking after the needs of the American citizens.

I'm voting for the Military & the Veterans who fought for this Country to give the American people their freedoms.

I'm voting for the unborn babies that have a right to live.

I’m voting for peace progress in the Middle East.

I’m voting to fight against human/child trafficking. 

I'm voting for Freedom of Religion.

I'm voting for the right to speak my opinion and not be censored.

I am voting for the return of teaching math, history, and science instead of indoctrination of our children and pronouns. 

I'm not just voting for one person, I'm voting for the future of my Country.

I'm voting for my children and my grandchildren to ensure their freedoms and their future.

What are you voting for?

Tuesday, August 20, 2024

YOUR Government at Work.............LMFAO

Taken from X.   Elon Musk, singlehandedly, is saving Truth and Honesty.


Robert F. Kennedy Jr



@RobertKennedyJr

The Covid pandemic was used to fundamentally change the relationship between US citizens and their government. The government’s public health response was not a medical response, but instead a test of technocratic power: to see how the population would respond to totalitarian edicts masked as medical interventions. The government also selected the lockdown winners and losers, transferring nearly 4 trillion dollars of wealth from the middle class & small business to Silicon Valley and big box stores. There have been NO corrections and NO apologies--because the government wants to be able to do it again. That is why we are hearing all the hoopla now about monkeypox and bird flu and yet more experimental vaccines. We CANNOT let this happen again. We MUST resist.

Monday, August 19, 2024

DNC

Note the speakers are Joe Biden, Barack Obama, Hillary Clinton, and Bill Clinton.  The same people that have had a stranglehold on American politics for the past thirty years. 

Losers, liars and lunatics.

Bricks will be in short supply by the time Friday rolls around.  

For the most pressing news out of Chicago best representing the finest of Chicago values please keep your eyes on this great website.   I have been following these guys since inception.  

Honest, fair, and funny as hell.

 CHICAGO MAYHEM & MURDER

Is this treason or just mere oversight?

 Specifically, Biden and his family are accused of:

  • Foreign Payments: The Biden family reportedly received over $27 million from foreign sources, often through shell companies, with some funds directly reaching Joe Biden’s bank account.
  • Burisma Involvement: Hunter Biden was paid $1 million annually by the Ukrainian company Burisma, using his influence to support the company and allegedly shut down corruption investigations.
  • CEFC China Energy: Hunter Biden received a $5 million "interest-free" loan from entities linked to CEFC China Energy, intended to benefit the Biden family.
  • Vice Presidential Influence: Joe Biden allegedly used his position as Vice President to support his son’s foreign business ventures, meeting or speaking with his son’s business partners from Ukraine, China, Russia, and Kazakhstan.
  • $3.5 Million from Russian Oligarch: Hunter Biden’s businesses received $3.5 million from Russian oligarch Yelena Baturina shortly before a reported meeting between her and Joe Biden.
  • $8 Million in Loans from Donors: The Biden family allegedly obtained over $8 million in loans from Democratic donors, including nearly $6 million from entertainment lawyer Kevin Morris, covering various personal expenses for Hunter Biden.
  • DOJ Favoritism: IRS whistleblowers alleged that the Justice Department gave Hunter Biden preferential treatment, blocking investigations and concealing evidence to avoid charges.

Monday, August 19th, 2024

Had a nice chat this morning with PETER at the Innovator Funds complex in Wheaton, IL.  He is a great guy and a credit to his firm.  We shared some humor on the DNC happenings this week in Chicago.

We both felt it appropriate to head down and get a couple of abortion pills to at least take a couple out of circulation so that they couldn't be used on any pregnant woman.

Thursday, August 15, 2024

Fruitloops, Democrats, Liars, Listen Up..............

"You don't have to imagine what a Kamala Harris presidency would be, because you're living through that nightmare right now." 

- Donald J. Trump



Monday, August 12, 2024

War Mongers UNITE!



Look at these mavens of death!  I remember once I was in attendance at a major function sponsored by a Fortune 100 company and had to sit through a session by none other than Colin Powell.  I was sick when it was over.

It doesn't matter now and it didn't matter then.  Red, Black, Brown.  

Dead is dead.   The Military Industrial Complex is alive and well.

May Donald J. Trump slow it down.

Bullshit Artistry at Work!!

The esteemed Dr. Fauci, of COVID fame, is infected again.

This is what he had to say.

“I got infected about two weeks ago, it was my third infection, and I have been vaccinated and boosted a total of six times,” said Fauci.

Fauci, who back in 2021 said, “If you get vaccinated, you are protected,” seemingly hasn’t been protected from catching the virus despite receiving half a dozen vaccines.

He also separately asserted during the same year, “When people get vaccinated, they can feel safe that they are not gonna get infected.”

Sunday, August 11, 2024

Don't GROW UP!



The average adult:- Gains 2-3 pounds a year.
- Can’t run a mile.
- Spends 5 hours a day on their phone.
- Drinks the majority of their calories.
- Sleeps like shit.
- Wakes up tired every day.
- Takes meds for preventable issues.
- Struggles to tie their shoes.
- Loses muscle and gains fat every year.

This is your future.

This should scare the shit out of you.

Saturday, August 10, 2024

MORRIES in Sioux Falls, South Dakota

Service, decor, timing, attitude, excellent.

Food?   Dam good.   On par with any decent steakhouse in America. 

In my life...............

The greatest repetitive work I enjoyed was pounding in stakes to trap red fox.  

Thursday, August 08, 2024

Thank you Elon Musk. Thank you Linda Yaccarino!

Every day, hundreds of millions of people come to X to be part of the only global, real-time conversation. They come to share their thoughts and hear others. To share their content and see more. To debate and be debated. To entertain and be entertained. To inspire and be inspired. There is no substitute for X. 

The power of this community to bring global conversations to life was the reason I was so excited to join X as CEO in June 2023.

After a career in media and advertising, I thought I had seen everything. Then I read the U.S. House of Representatives Judiciary Committee’s report entitled “GARM’s (Global Alliance for Responsible Media) Harm” last month. The report disclosed that their investigation had found evidence of an illegal boycott against many companies, including X.

As their report found: "Evidence obtained by the Committee shows that GARM and its members directly organized boycotts and used other indirect tactics to target disfavored platforms, content creators, and news organizations in an effort to demonetize and, in effect, limit certain choices for consumers."

The consequence - perhaps the intent - of this boycott was to seek to deprive X’s users, be they sports fans, gamers, journalists, activists, parents or political and corporate leaders, of the Global Town Square.
To put it simply, people are hurt when the marketplace of ideas is undermined and some viewpoints are not funded over others as part of an illegal boycott.
This behavior is a stain on a great industry, and cannot be allowed to continue.
That is why, today, X has filed an antitrust lawsuit against the Global Alliance for Responsible Media (GARM), the World Federation of Advertisers (WFA), and GARM members CVS Health, Mars, Orsted and Unilever. This is not a decision we took lightly, but it is a direct consequence of their actions.
The illegal behavior of these organizations and their executives cost X billions of dollars.

Since arriving at X, I made it my mission to continue to build a platform where people, brands and advertisers can thrive in our unique, dynamic and safe environment.

And because of this commitment to our users, even despite the boycott, usage has reached all time highs. Using a Twitter legacy metric, user active minutes, in August 2022, people spent 7.2 billion active minutes on the platform. Today, that number is more than 9 billion, a 25% increase.

The same is true for video - even compared to last year, daily video views are up 45% to 8.2 billion. X is innovating and growing.

We have met and surpassed the requests made by advertisers and groups such as GARM for new tools, both to improve advertiser controls and the effectiveness of our products to drive increased value for our customers.
We have proven our platform provides advertisers a way to showcase their brands and reach their target audiences safely, efficiently and effectively. That’s why I’ve worked in good faith with marketers across the globe to showcase our innovations and allay any concerns with brands whom I’ve partnered with for decades. The unfortunate reality is that despite all our efforts, hundreds of meetings and research to the contrary, many companies chose to dismiss the facts.

To those who broke the law, we say enough is enough. We are compelled to seek justice for the harm that has been done by these and potentially additional defendants, depending what the legal process reveals.
It's also clear that there are likely others who suffered at the hands of this activity. This case is about more than damages - we have to fix a broken ecosystem that allows this illegal activity to occur.

We will continue to innovate and ensure X has a vibrant future while the courts will hold accountable those who engaged in illegal behavior.
To all of you who have been part of the transformative journey we are on, thank you. Rest assured, we will not stop defending our global town square.

Linda