Post by
mrmomo on Jan 24, 2022 12:07pm
A potluck of comments & random chatter
Interesting times indeed. Virus hangover still giving headaches to everyone across the board across the globe. Sad to say though, it's unfortunate events like these where investors or folks in general make the big fortunes from other people's misery. Sad comment to make i know, but totally realistic & true unfortunately. Those with either the foresight, the power, the resources, the preparedness or a combo of several or all of the above in some cases, will regein supreme while those with none of those facros falter & disappear.
As per usual, The US Gov't & The Fed trying to baliout the market by buying up and propping up the indexes as the wider, overall market falls into oblivion. Quite the contrast as indexed large caps like Google, Amazon & Apple are still fairly near ath while many smaller individual company's have been decimated. Maybe the US Gov't should actually try doing some QE in where it's actually needed as the larger portion of the American economy is made up of small businesses which are VERY sensitve to gloomy economic conditions. Just an idea i'm throwing out there If the geriatric far left like Biden, Yellin, Pelosi & Powell are actually listening. Not getting my hopes up they are or they will, but just incase they are. On this end, i don't think it can't get much worse than it already is, can it?
On second thought, it probably could, should both Biden & Powell unfortunately choke simutaneously on a morning biscuit while driking their daily cup of coffee. In that unfortunate circumstance, we would have far, far crazy leftists in Harris & Brainard taking over with a certain ideaology which could probably bring the US to it's knees like a $10 prostitue. So let's hope both Biden & Powell make it another year, maybe cutdown on the consumption of potential hazzardous cookies in process, just incase.
On a different subject, I got to give major props to those cunning Russians, not the most popular nation on earth or the most followed on social media like Facebook, Twitter, Tik Tok or Instagrame but they really know WTH they're doing. Just like they did just barely 2 years ago with the oil markets, them along with the Saudis manipulated thsoe energy markets to no end and probably made billions while they did. Like i said above, those with the resources & power who have things in their control will be the ones calling the shots. And it's seems those pesky Ruskies are at it again, this time trying to double up on two things at once and make more billions in the process. Who would have thought that just the mere "mnetion" of banning Bitcoin in the artist formerly known as the might USSR would send it tumbling? Looks like that sneaky ole Putin has had some alone time with Mr. Xi and has taken down some carefull notes, taking a few cues from the current Chinese leader.
As that stunning annoucement from snowy cold nation of Russia was being decimated throughout the world & sent Bitcoin tumbling, or dear ole Putin was secretly amassing tin soldiers on the border with its former satellite territory of Ukraine. Now who in God's name would have thought that just the mere "threat", and let me emphasize "mere" here like i did with Bitcoin, would have some dire negative consequences for global markets worldwide, especially the US markets? Makes me think that if I had that amount of sway, influence & power like Mr. Putin does, i could make 100's of billions by shorting EVERY major market before i actually put the plan into action & then make a "mere" indication of a threat to the rest of the world, without actually making an actual threat! Brlliant move if i ever saw one! While Putin is moving his chess pieces in place for a checkmate, seems Biden is still deciding whether to wear plain black socks Soprano style or maybe make a big bold statement like the Prime Minister of Canada by choosing to wear printed ones. Maybe he's thinking about the latter for some possible points in the this year mids, and still trying to decide whether to have a picture of either his wife, his son Hunter or maybe just colours of the ranibow colation to get even more browny points. Maybe he should consult with Trudeau on this very delicate & important decision as the young cuk hipster from the North probably has more experience in this critical domain and could guide him well.
With some of the moves Putin has made in the last few years, makes Biden look like a completely disabled & infirm competition in comparison. Maybe the handicap rule should be enforced in the instance as things don't seem to fair? Nah, even then i don't like Biden's chances against that sly goblin Putin. He seens to be out manourvering Biden & team at every turn and every chance he gets. Biden probablly has a better chance to win at confronting Putin on a physical level than intellect. On second thought, scrap that idea out right, as i do believe the rugged Putin is a fourth dan blackbelt in Karate, while Biden is looking for his to dess up in the morning. Mabe Biden could beat him at hop-scotch or pattycake? Maybe.....
As for our dear ole Nevada Copper, this month should be intriguing as well. Though the markets in general are in the gutter for the time being, it may be singing a different tune for companies like NCU. With the help & co-operation from Pala & friends, the stock seems to holding up well and may actually go in a different direction than the major indices. If the folks over at Pala remain stedfast in their trust, confeidence & belief in this play, which for lack of better words is almost theirs in reality and keep shenanigans at a bare minimim, NCU s'/hers could be in for a welcomed surpise by months end in terms of possible share value. With a much awaited update on drilling in the highly rich SC, along with the status of the ventillation systems and Pala finally getting their much deservered 15M warrants passed as per the resolution, if Copper prices hold steady, things can REALLY get interesting here.......
GLTA