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Tuesday, March 24, 2020

my deflated ass 3


MY DEFLATED ASS 3
I normally go out of my way to not listen to Trump. His speaking style is nails on a chalk board and his hair, being an alien life form command center, with his tan being a reaction to the radiation from same, is hideous to look at. It's like looking at Obammy's big floppy lips. Scary, as I knew the words falling from those things screwing me were imminent. For whatever reason-I guess wanting to know if we were in national martial law, but I can't remember-I listened to him for about thirty seconds and I could NOT believe my ears!
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He was saying something to the effect that we went from having “the best economy ever” to this slight set-back with the stock market and TP runs or a slightly inconvenient virus. STILL, for the love of all that is holy, STILL he parrots the official lies and horse crap. I was simply amazed the set of orange balls on this bitch. Yes, I called your Make Murica Great Again hero a bitch. Sure, yeah, yeah, whatever, glad he's not Hilary. Just like a prisoner is happy he is screwed in the ass by a White guy instead of Tyrone with his massive meat package.
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People that cannot change their minds when evidence is waving said Purple Monster in their face are going to have a slightly harder time dealing with the collapse. Again, a conventional oil production area is economical to extract for about forty years, if you don't overproduce. Saudi Arabia is ten to fifteen years behind that forty year limit, and they DID overproduce. The Saudi's are no longer the world's swing producer. They no longer have enough excess capacity to control OPEC. They no longer are America's PetroDollar salvation.
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The US has been buying its own Treasuries for many, many years. China was no longer in danger from our dollar dominance and has been getting rid of them for awhile. In fact, I would bet a jelly filled donut that JP Morgan and Company have been using derivatives to hold down gold and silver to keep at least some Treasuries selling to someone else besides us, and are complicit in China hoarding so much gold. Sounds vaguely like treason to me. Not any worse than the pricks who sold all of our gold a half century plus ago, but still. There ought to be a handy lamppost for that.
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Now, if China didn't need the US dollars, because believe it or not, not everyone thinks we are The Indispensable Nation, why are we surprised they refuse to be our toadies? America was only about 20% of export sales for China. Europe was almost as much, and they are far more accommodating. The whole time we thought China was our bitch, China kung-fu'ed our asses and made us almost completely dependent on them for our physical goods. How is that working out for us right about now? Still think we are King Crap and they are just a bunch of Turd World Nation primitives ( I love you, Benevolent Sino Overlords! )?
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China is NOT running its factories, still. Just because they gave out one press release stating they are doesn't mean dingus. It is on par with Trump STILL proclaiming Best Economy Ever. Yeah, sorry, he just lost all credibility with me right there. I was overlooking his nonsense, but that is just too much for me. And China's leader lies just as much ( not MORE, just because they are communists, as if that was ever a license for politicians to lie. These cheese dinguses that keep saying “communist lies” are implying our people don't lie, because “capitalism”. Negro, PLEASE! )
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China is not going to resume production until we are down and out economically. With production down, oil use and mining are down. When oil use is down, the price decreases. When mining is down for industrial metals, the by-product gold and silver are down ( primary silver mines have been in production decline for years ). In the case of oil, China demand destruction killed the price. Not a price war between Russia and the Saudi's. Pure propaganda rubbish. The Saudi's are still in the ring but are an old washed up contender ( insofar as the American system ).
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Now, take primary silver mine production, in depletion. Take industrial metal mining decreasing, with that loss of silver. Is any silver even being mined right now ( if it is, it is akin to toilet paper factories unable to catch up with demand )? Right now, silver should be reflecting scarcity. Whatever silver you already had, because you listened to me last year when I told you to buy even just a few coins as it was the Deal Of The Century, the price on that is just waiting to explode. That doesn't mean you don't have to be patient.
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Lucifer owned and operated JP Morgan has been caught and fined for manipulating the silver price for a long time now. It isn't just a conspiracy theory, but public record. At a minimum, there is a 300 to one paper to physical silver ( I've heard much higher, but an unsure of those numbers ). In 2008, Bank Of America was leveraged something like 180 to one one their housing bubble derivatives. Silver is at least double that leverage, the one that burst the housing bubble. What we are seeing now is just a repeat of the last time silver went to $50.
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Then, the bankers manipulations competed with China's increased demands for silver as an industrial metal. The official price stayed where the bankers wanted it, but the street price about doubled. That ended as supply and demand stabilized. But now, will the supply resume? The bankers are selling off paper silver, probably to the Federal Reserve for more liquidity. Of course the price fell. But it has nothing to do with real world silver. I can't claim JP Morgan WILL lose control of the price fixing. It might be your grandkids that benefit from $1,000 ( in today's purchasing power ) minimum price silver. But the low price is artificial.
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Low oil prices are terrible for the production end of the industry. That is when drillers go out of business ( exploration has been dying for some time ). That is when the banks refuse to lend any more money to those losing it ( frackers, for over ten years ). The last time we had a long period of low oil prices ( from Siberian crude, NOT fracking ), consumer goods saw deflation, but not housing, medical, auto's or etcetera. Auto parts are not coming from China or Italy. Care to guess what that does to the cost of Happy Motoring? The cost to fill up a car unable to move doesn't matter.
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The whole system has crashed, and will NOT be returning. Which means the old system with both inflation and deflation is ending also. It is largely a moot point, but you are seeing supply disruptions ( of both oversupply and no supply ), NOT a return to 1929 deflation.
( .Y. )
( today's related Amazon link click HERE )
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note: most biscuit winning generous PayPal donation-many thanks, S.D.
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note: free for today books, beginning of Rapture series HERE 
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note: okay, let's try this again. 9mm on sale from Sportsman's, Wolf, 15cent a round HERE and 223 steel case quarter a round HERE .  Just be ready for slow shipping.  
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20 comments:

  1. Geez, the silence is deafening this morning...perhaps you touched a nerve by not praising the Cheeto in Charge? Either that or reality is really starting to sink in... Glad you're still here buddy. I'll know the S has truly HTF, when I can no longer get my daily dose of Bison!

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    1. I think most minions are done blindly rooting for Trump. Kind of hard to ignore him going along with hosing us. I'm glad YOU'RE glad. Feeling of a fuzzy nature! LOL

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  2. I truly appreciate your daily posts.
    I do not disagree with you, but I will praise your hair
    anyway.

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    1. And said praise shall garner you one minion biscuit. Good job!

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  3. From the newest WoodPile Report:
    "Paranoia is a survival tool, panic is not."

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  4. Break the quarantine, because you can, just to aquire that Foray badge. (Not a pandemic baller with out it, really. Consider it smuggler training) use the loose gestapo lock down standards to pick up scraps you really should have gotten by now. Also, always, intel patrols are gained on any routes out of the wire anyhow. Use basic PPE, as should be done seasonally nowadays. Hermitage deep when one must, but be flexible with the characteristics of your A.O. Macro economics are swell but local and analog line of sight or sound is kinda the important subject matter. This will be on the final exam of your new economy. Just saying. Stay frosty.

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  5. Sooo for the past month, I've been warning all those around me. Shit is coming and you'd best get ready for it. Of course few listened. One neighbor walked up to me today whilst I was outside the fence mowing down the weeds. He waved for me to stop. Guess what he had the balls to ask for ? Freaking TP !
    Of course I said no , it was in critical shortage here too (NOT !) but no way I'd admit having tons of the Golden Charmin. I use water mostly, unless the wife's breakfast decides to reach critical mass, and have to make an unexpected deposit under extreme pressure approaching escape velocity.
    Well anyway , he walks away with a worried expression of his own brewing bomb. I continued mowing...and thought about it awhile. Decided that I would part with one roll of commercial John Wayne True Grit.
    Took it over to him, he was very thankful and should have stopped there. He starts going off about this whole thing is just Bullshit ! I ask whadayamean ? Says , you know this whole virus thing and shortages. Wrong thing to say , to the man who for the past month has been warning him of exactly that same subject.
    One thing ya don't wanna do to an old PTSD ridden Ranger is piss him off... didn't touch him , he is quite fortunate that I didn't stuff that entire roll of Charmin up his ass prematurley... don't believe he'll be asking for more.

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    1. You know your neighbors? LOL I have two I'd wave to, who were friendly. But one is a college teacher who I'd wager is a smurf, and the other I might, MIGHT consider not shooting unless I had to. Of course, a few rolls now might make friends for later. Not sure-food for thought

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    2. Yeah I know and thus the reason for being generous.
      It is very much a catch 22 thing tho. If it goes on , as we're pretty certain it will. How far do ya go ?
      I expect the answer is carefully hmmm

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    3. Like I don't have enough hurting my brain right now :)

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    4. This is a thing which always has been on my mind. Pretty much every novel I've read over the years that contained this dilemma , almost always ended up badly. With the person of good will either being killed, burned out or run out of Dodge.
      Then too if can be an alliance of advantage over the other neighbors ?
      Yes indeed it makes your head hurt...
      Think I'll start rigging the video surveillance cameras today...and run cables for the possible deterant. Nothing illegal about running wires for possible future use hmm.

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    5. I'm pretty sure my initial reaction to be a selfish bastard is correct. Lizard Brain makes these decisions, I try to second guess them, and in the end IF I'm smart, a big if, I don't listen to Monkey Mind. He is an Optimistic Ollie, and you know how I feel about those :)

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    6. Yeah well , his reaction to my generosity . Put my lizard brain on full alert. Ain't getting chit from me from here on out. Perhaps I'll give him my used TP via catapult when things go feral hee hee.
      Never know , maybe after reflection his attitude is changed from my in your face bluntness ?
      We will see, if that roll gets replaced and with a proper interest payment of course.
      Still gonna get those camera's set up. I've had em for years, just never bothered installing them. Dunno why...oh yeah...boogered up body lol.
      Those harbor freight motion sensors are a cheap slick thing tho. Work great, glad I bought em

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    7. I respect Harbor Freight, and that is after a 50% failure rate of items I've bought from them. At least they TRY to be Less Evil.

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    8. Some stuff good some not from HF. Got a irrigation pump from them a year ago and after a whole year of almost daily use , still runs strong. Bought 100 ft. Commercial water hoses too, still no issues even when left with full line pressure overnight no blow outs. I've had air hoses from them in use for twenty years now, still good.
      No complaint here vs quality vs price. Of course I stay away from their wrenches and pliers cuz I bought Snap On thirty years ago big bucks but no doubt the best there is. They were expensive back then and now days no way I'd pay triple what I gave back then. A philips screw driver then $15 now the same is say $35. Beyond good taste too much !

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    9. I was hearing complaints on current Snap On quality.

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    10. Yes this is true. I don't buy them anymore. But once in awhile I'll break one, and they are guaranteed for life. The ones that replace my old ones are not nearly as good. Of course isn't this true or pretty much all current manufactured goods ? How on Earth they can justify the price now is unbelievable. It's no wonder the US built things cannot compete.
      One thing not commonly known about HF, is that they don't make anything. They source from all over the world and rebrand them.

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    11. I knew about the rebranding-I watched a few video's from the talking bear head guy ( den of tools? ). I didn't know they were ballsy enough to charge $40 for a screwdriver of like quality to HF. Obviously, not the $1 promotional ones, but anyone sells decent quality for a lot less. They almost sound like H&K selling $5k rifles made of polymer.

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I must moderate-trust me. Criticize ideas, NOT the people behind them. Be civil. You will be warned twice and the third time just deleted. No N-Bombs. If you disagree with me, you must praise my hair first.