Husband, father of 5, "gold bug", strategist, oyster eater & champagne drinker. For economics: only Austrian. For sports, all things Blue - STL Blues, FFF, CFC.
Why delay IPO when heavy US consensus is gold is going lower next 6-12 months?
Wouldn’t you want to sell as much as possible, as soon as possible?
Unless they have information that suggests it is NOT going lower next 6-12 months…
"A Brown University tracker shows that since the conflict began in late February, Americans have paid $52.3bn more for gas than if prices had remained at their prewar level. They have also paid an extra $43.4bn for diesel." https://t.co/xsX64gkisw
😳 "That's not right... I can't read that out! That's not fact!"
Jamie O'Hara could not believe what he was reading when breaking the news about Mudryk's loan move from #CFC to #THFC! 🤯
I joined @JoelSalatin this past weekend in Virginia at his beautiful @Polyface_Farms. We discussed the current challenges American farmers are facing and some practical solutions.
signs you’re a bottom tier member of society:
- littering
- cutting in line
- not returning your shopping cart
- not saying thank you when someone holds the door
- parking in a handicap spot when you don’t need one
- carving your name into or graffitiing nature
- wearing pajamas to the airport
- passing your pet off as a service animal
- being rude to service workers
- lying/stealing/cheating
Markets are reacting to Warsh's hawkish Jackson Hole speech. But how does that speech change anything? Warsh has been talking tough about fighting inflation since before his confirmation, yet has repeatedly failed to hike rates, and continues to expand M2 and the balance sheet.
In her latest sciolistic letter to me, @SenWarren made it clear that she knows even less about foreign exchange markets than she does about banking.
What is equally shocking, but not surprising: not a single member of the media mob has a rudimentary-enough level of financial market literacy to spot her remedial error.
To reiterate: under @POTUS, the United States delivers for America’s trusted partners.
For a fuller explanation, I recommend Senator Warren take any entry level course in international finance for her and her staff, or I can personally give her a tutorial on Foreign Exchange for Dummies. Although I am not holding my breath, I hope her next letter will demonstrate that she has learned the difference between a currency purchase and a swap or a loan.