Quite an interesting article, along with an adequate analysis about the "why" of the price dumping. And at $0.35/ share, one can get almost 300 shares for $100. OF course actually purchasing a China stock may be an exercise, possibly.
Thanks for an interesting and potentially useful article.
The truly treeible thing about this article is that it certainly appears to be a correct analysis of the present situation.
Certainly it is true that in some cases a string of wrong decisions and actions leads to a major disaster that has no magical escape door to be found. And certainly the central bank will choose to preserve and support the financials section and markets, given the obvious lack of caring one bit about the rest of the population. The result will be, in polite terms, "incredibly ugly!" At some point a large segment of those not part of the financial sector will discover that they can no longer even buy bread, if it were available. And, having realized that Superman was fiction, and will not arrive to save them somehow, the less patient of the hungry masses will become "impolite and unpleasant" and take matters into their own hands.
My sincere hope is that somehow this logical string of results is corrected by some way that is not at all obvious to me.
OR, it may be that this will be that long-prophesied "Judgement Day."
As a matter of fact, all of the requests for payment in Bitcoin have come from on-line scammers attempting some extortion, or just plain fraud. So certainly the lack of traceability is a reason for concern.
Thee concept of "transitory Inflation" is aLIE from the begining. It does not ever stop, it only slows for a while, and inflation never ever backs off. Gasoline prices did drop quite a bit a while back, but the rise was not due to inflation, but rather to speculation, no action by the federal reserve that time.
And if the actual mechanism of that "Hananna Sydrom" were ever disclosed t would become a tool for so many bad actors that it would be a serious problem for all. So the best we can hope for is unexplained explosions terminating it's occurrance. Which is probably OK by me.
It seems to me that a truly miserable existence it must be to spend every monent focussed on increasing one's wealth. I find there is a lot more to life than that preoccupation. Of course, that is only my point of view. Oh Well..
Much of the reason for the energy shortage can be traced back to the "green" lobby and the focus on abandoning current and prevous sources of energy. And certainly that is a big part of what has been done. Of course the sudden drop in demand caused by the virus plague shutdown rather obscured the developing problem for a while. But obscuring a developing problem seldom leads to an adequate solution, at least that has been my observation previously. And now that thinking seems to be correct. Is it possible that DOOM is approaching? Or at least some sort of JUDGEMENT DAY??? I will not argue about that. It might be. Or not.
Given the results of the federal reserve bankers at reducing the damage caused by inflation, it does not seem to me that they will make the correct choices regarding Bitcoin, either. When an organization has a track record of damaging moves, it is a big challenge to believe that they will suddenly become "wise" and make correct choices. It seems that their agenda only covers protecting their friends. Does anyone believe otherwise?
As for the vaccines and their development process and successes, just think that all at once having to pull out of a hat a new defence against a new millitary weapon! And then, after discovering a defense, creating the factory to produce such, to very high standards, on a very short time schedule. THAT is an incredible achievement by any standard. A good engineer can understand that fairly well, I would not expect others to see the size of the achievement.
I leave the right to be critical of the vaccine progress to those smart enough to be able to pay off the national debt to the satisfaction of all the owed parties. ( and I see nobody able to even make a reasonable suggestion.)
Latest Comments
Mushrooms And More: Why The Farmmi Stock Beatdown Looks Overdone
Quite an interesting article, along with an adequate analysis about the "why" of the price dumping. And at $0.35/ share, one can get almost 300 shares for $100. OF course actually purchasing a China stock may be an exercise, possibly.
Thanks for an interesting and potentially useful article.
The Funding Challenges Ahead
The truly treeible thing about this article is that it certainly appears to be a correct analysis of the present situation.
Certainly it is true that in some cases a string of wrong decisions and actions leads to a major disaster that has no magical escape door to be found. And certainly the central bank will choose to preserve and support the financials section and markets, given the obvious lack of caring one bit about the rest of the population. The result will be, in polite terms, "incredibly ugly!" At some point a large segment of those not part of the financial sector will discover that they can no longer even buy bread, if it were available. And, having realized that Superman was fiction, and will not arrive to save them somehow, the less patient of the hungry masses will become "impolite and unpleasant" and take matters into their own hands.
My sincere hope is that somehow this logical string of results is corrected by some way that is not at all obvious to me.
OR, it may be that this will be that long-prophesied "Judgement Day."
Bitcoin Soars As SEC's Gensler Echos Powell: Promises No China-Style Crypto Ban In US
As a matter of fact, all of the requests for payment in Bitcoin have come from on-line scammers attempting some extortion, or just plain fraud. So certainly the lack of traceability is a reason for concern.
Market Briefing For Thursday, Oct. 7
Thee concept of "transitory Inflation" is aLIE from the begining. It does not ever stop, it only slows for a while, and inflation never ever backs off. Gasoline prices did drop quite a bit a while back, but the rise was not due to inflation, but rather to speculation, no action by the federal reserve that time.
And if the actual mechanism of that "Hananna Sydrom" were ever disclosed t would become a tool for so many bad actors that it would be a serious problem for all. So the best we can hope for is unexplained explosions terminating it's occurrance. Which is probably OK by me.
Markets Boosted
Quite a collection of good news, and in a number of different areas. Certainly that represents a lot of research.
Thanks for some sunshine.
S&P 2021Q2 Earnings Recap: Moving Past Peak Earnings Growth
It seems to me that a truly miserable existence it must be to spend every monent focussed on increasing one's wealth. I find there is a lot more to life than that preoccupation. Of course, that is only my point of view. Oh Well..
Global Energy Shortages Spur Surge In Precious Metal Demand: Gold Eagle Sales Skyrocket First Few Days Of October
Much of the reason for the energy shortage can be traced back to the "green" lobby and the focus on abandoning current and prevous sources of energy. And certainly that is a big part of what has been done. Of course the sudden drop in demand caused by the virus plague shutdown rather obscured the developing problem for a while. But obscuring a developing problem seldom leads to an adequate solution, at least that has been my observation previously. And now that thinking seems to be correct. Is it possible that DOOM is approaching? Or at least some sort of JUDGEMENT DAY??? I will not argue about that. It might be. Or not.
Bitcoin Soars As SEC's Gensler Echos Powell: Promises No China-Style Crypto Ban In US
Given the results of the federal reserve bankers at reducing the damage caused by inflation, it does not seem to me that they will make the correct choices regarding Bitcoin, either. When an organization has a track record of damaging moves, it is a big challenge to believe that they will suddenly become "wise" and make correct choices. It seems that their agenda only covers protecting their friends. Does anyone believe otherwise?
Market Briefing For Wednesday, Oct. 6
As for the vaccines and their development process and successes, just think that all at once having to pull out of a hat a new defence against a new millitary weapon! And then, after discovering a defense, creating the factory to produce such, to very high standards, on a very short time schedule. THAT is an incredible achievement by any standard. A good engineer can understand that fairly well, I would not expect others to see the size of the achievement.
I leave the right to be critical of the vaccine progress to those smart enough to be able to pay off the national debt to the satisfaction of all the owed parties. ( and I see nobody able to even make a reasonable suggestion.)
Sweet Smell Of Recovery
Quite a lot of news, indeed. But you need a new keyboard.
Excellent coverage, quite intersting.