Posted on 06/13/2022 7:02:10 AM PDT by Browns Ultra Fan
Today’s opening bell is “Opening Hell!”
US Treasury 10Y yields are up +12.1 basis points as of 9:40am EST. And rising across the globe.
Equity markets? Dow is down -621.93 points and the NASDAQ is down almost -3%. But equity markets are down across the globe.
Commodities? Once again, all commodities in the red except corn (which I don’t eat) and natural gas.
Speaking of opening hell. The US Treasury 10Y-2Y yield flattened to 7 basis points.
Markets are in a “Sea of Red.”
(Excerpt) Read more at confoundedinterest.net ...
...and we haven't even started the tedious 'Juneteenth', yet. Ugh
They accepted it when they decided all this pain and death was worth it to get Trump out. Even pain and death among family is not too steep a price for people afflicted with TDS.
“Hard assets is where the money is going.
The party is over”
Winning post.
Thanks for the reminder... /s
Maybe. Starvation IS a commie technique.
I did the same thing in April. I still am kicking myself for not doing it sooner.
Economics 101: If you strangle an economy’s energy supply and print dollars, you get a real contraction of the economy and inflation. Cultural decline follows. No accident what the Democrats are doing. Biden is too demented and corrupt to realize what his globalist America hating cabal is doing.
like luxury real estate? or, what? what investment shows either store of value or ratable cash flow nowadays?
This is starting to look like Capitulation.
For months now, I’ve been predicting the S&P will crack 3000. Everyone tells me I’m crazy.
Well, they were. They’re not so sure now.
These days are the hard asset big head fake days.
Hard assets will rule the roost once this storm passes.
IMHO, Kinesis is the best precious metals play as it pays you to hold real allocated Gold and Silver.
Kinesis is worth the deep dive in watching their explaination videos to understand how it works.
God Bless!
I’ve used Ethanol Free 90oct Premium in my 2019 Jeep Grand Cherokee V8 HEMI, since day one. It was $2.85/gal back then; $5.99/gal yesterday.
PRIDE cometh before a fall..
Welcome to Pride month.
Hard assets...
More than just the stock market tanking, the entire economy is about to implode.
America is on a short timeline to destruction.
Exactly. I had a really old vehicle for years, and the one I have now isn’t very new. Everyone made fun of me because I bought the more expensive gas because it had less ethanol. I told them ethanol isn’t good for cars. I almost never had mechanical problems, I don’t know if thats the only reason but it sure doesn’t hurt.
“This is starting to look like Capitulation”.
And/or Resignation.
All going according to plan. Everyone having fun being “reset?”
lol!... sorry 😜
Corn used for ethanol is feed corn not sweet corn
Field corn also used for corn meal, corn flakes also used in dog food and of course hog and cattle feed.
Thanks for the info
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