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


To: bull_dozer who wrote (206916)7/20/2024 10:13:25 PM
From: TobagoJack1 Recommendation

Recommended By
marcher

  Respond to of 217588
 
now, given my commitment to buy paper gold at slightly below current levels (by way of shorted puts), and
my hope to buy more crypto gold (by Paxo Gold) at lower still levels, and
my soon action to buy physical gold by use of realised profit for selling off / of paper gold

I am good whichever way gold goes

so good, however

2,000 level would be bad for psychology even if welcomed

I would find 2K level highly suspicious as to how long that sort of a gift might last

can be a come-hither all-in signal



To: bull_dozer who wrote (206916)7/20/2024 10:17:49 PM
From: TobagoJack1 Recommendation

Recommended By
Arran Yuan

  Read Replies (1) | Respond to of 217588
 
re <<gold>>

bloomberg.com

Hedge Funds’ Bullish Bets on Gold Jump to Four-Year High


Bullion hit an all-time high of $2,483.73 an ounce on Wednesday.

Photographer: David Gray/Bloomberg

By Yvonne Yue Li

20 July 2024 at 04:53 GMT+8

Money managers’ wagers in gold jumped to the highest level in four years, signaling investor concerns surrounding the US presidential election campaign as well as renewed focus on the timing of Federal Reserve interest-rate cuts.

Hedge funds and other large speculators boosted their net-long position in gold, often used as a hedge against rising political and economic uncertainty, to the highest in more than four years as of July 16, weekly US government data published Friday showed.



Bullion hit an all-time high of $2,483.73 an ounce on Wednesday. The surge to a new record came as traders ramped up bets on earlier, deeper monetary easing from the US central bank and sought haven in the precious metal amid growing geopolitical risks.



To: bull_dozer who wrote (206916)7/22/2024 6:53:24 PM
From: TobagoJack  Respond to of 217588
 
long time ago, like 40+ years ago, I visited Plano, and this morning I see the name pop up on my news aggregation site, zerohedge, and am impressed

makes econo-politico-socio sense, that where crime pays, anti-crime must also pay

identified another source of inflation

zerohedge.com

Police Departments Advertise Six Figure Salaries , Better Quality Of Life, To Lure New Recruits

Big cities are struggling badly to hire police. And, in the day and age of "all cops are bastards" and "defund the police", it's easy to see why: policing has become more of a thankless job than ever.

But a new Wall Street Journal report detailed some of the strategies police departments are using to "hustle" for new recruits.

In Plano, Texas, they are offering $108,150 a year and putting the salary figure on billboards to attract attention.

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Officer Andrae Smith, the recruiter at the Plano Police Department told the Journal: “The No. 1 attraction is the pay.”

“Our goal was to pull at the shirttail of every individual who had interest in being in law enforcement,” he added.

Officer Karina Hinojosa transferred to Plano from New York City for the lower cost of living and better pay. She commented: “For me, it was quality of life.”

To attract candidates, cities have increased perks. For instance, Bellevue Police Department in Washington state now offers take-home cars and allows officers up to three on-duty hours per week for workouts.

Wendell Shirley, the police chief, told WSJ they had 750 applications last year and hired 33 officers: “For me, it’s really important for you to find the right organization that has the right culture.”

To attract recruits, some states are easing restrictions. Dallas recently relaxed its tattoo policy, Pennsylvania dropped its college credit requirement for state troopers, and Seattle now accepts applications from DACA recipients, the report says.

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In 2023, the average annual wage for police officers was $76,550, a 13% increase from 2019, while the average wage for all occupations was $65,470, a 22% increase.

As the job market cools and violent crime rates fall, more officers were hired in 2023 than in the previous four years, although resignations remain higher than pre-pandemic levels but have decreased since 2022.

The Laramie County Sheriff’s Office in Wyoming promotes a culture-war incentive, highlighting that "breaking the law is still illegal" in their state.

The Journal writes that since the pandemic, policing has faced difficulties in recruitment and retention, similar to teaching and nursing. Many burned-out employees have resigned or retired, resulting in nearly 19,000 fewer officers in 2023 compared to 2019, a 3% drop according to Labor Department data.

Chuck Wexler, executive director of the Police Executive Research Forum, notes that officers used to move from smaller cities to larger ones, but now the trend has reversed, especially after the 2020 killing of George Floyd.

A survey of over 200 police departments shows that small and medium agencies have more officers than before the pandemic, while large agencies have fewer.