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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (174780)7/13/2021 7:24:38 PM
From: sense  Read Replies (1) | Respond to of 217822
 
3%?! Less than when 1929 Great Depression was on.


It is one of the most obvious of the problems with the narrative...

As, Cathie Woods saying there is "going to be" a deflationary depression...

Hello ? What the hell do you think the last 18 months has been ? The stock market might be making new highs... but the performance of the real economy... even "in the V-shaped recovery" which is not close to restoring what we had before the implosion... cannot possibly be the reason for that degree of ebullience.

So, no quibbles from me that the market might be a tad over-valued... as I've been saying since March, along with all the others seeing it... But, the market has tried to crash multple times since March... and it has not been allowed to... So, it isn't a question of valuation... but of "permission"...

Hmmm. Accidental use of familiar word in alternative context, recently as: “interdependent precious metals permission”... "When objects or people are interdependent, they come to rely on each other for survival." Precious Metals is obvious...

So, that reduces to: Permission for what, from whom ?

Full Revised Translation: We got the "gold"*. We make the rules. So, sit down and shut up.

* We got the gold should not be taken to mean, in any legal sense, that any bank has, or does not have, any quantity of gold for which they have obligations that they may, or may not, be able to meet with good delivery. But, as far as the rest, that's our story and we're sticking to it... "