Post by
FastTrade on Nov 02, 2024 6:48pm
The changing times
The latest 2 interviews with and of Ken Konkin looking ahead haven't given shareholders of late much to clap about in the short term and may have extended hopes of a big turnaround further into the future.
I won't play around with the usual nomenclature telling how great its all going to be for TUD shareholders about to transpire around the next corner as i have never posted in that manner before.
I have always stuck to my guns where hope is removed from the equation and replaced instead with solid realism any time i have posted on these message boards.
I can start off with the POG and what it does to these juniour stocks and why.
We are in a pre-inflation breakout to the upside regular people/investors are unaware of.
They have been told by Government, the Fed, Govt hacks - economists and a left leaning media that inflation has been brought under control enough to lower interest rates.
It would appear so after all of the relevant numbers have been tampered with as they have been - as it wouldt appear to be keeping the real numbers shrouded from the public at large.
This is where the lack of confidence in gold and especially producers and explorers has had the most suppresing effect on
Central banks around the globe looking to distance themselves from US dollar dominance by backing their own currencies with gold purchases in preparation of a new world trading order on the rise, see the writing on the wall of US monetary excess and are not as willing to buy into that excess holding US debt as they once were.
They alone are the primary entities keeping gold afloat with the odd mini crises here and there adding to it. The big lie that inflation is under control is keeping the little guy, the masses at large out of it for now and that alone explains why the juniors drop significantly whenever gold drops a bit.
This will continue until the bigger picture of heightened inflation kicks in as i have been saying it will, has nowhere to go but to the past 3 years.
When will that be - timelines are tough to project but are getting easier now.
The US election has had much to do with keeping the flood back with their lying statistics.
No matter who wins now either Trump or Harris that dam is going to burst.
Spendthrifts both of them assure it!
Its the spending to meet their election platform promises the Fed will have to monetize to keep their jobs that is the beginning of the very creation of inflation, the biggest driver of gold there is.
Top that off with commitments to service an ever expanded/expanding national debt and deficit picture along with all the holders of (foreign) US debt rolling off the sheet - along with trillions of dollars in trasuries where much of it rolling of the bond sheet needs to be rolled over at higher interest rates and a banking crises that is nowhere near contained - expect QE to infinity and mega more trillions of dollars to be added to the national debt.
And all of it by way of newly printed dollars flooding the pipeline with inflation that will work its way (through) into the system (economy) over the next year to 18 months culminating in a challenged dollar chasing goods that have not kept pace with production.
This in effect in these times of unparalleled and building debt commitments will morph into subsequent runaway rising costs to all consumers who are already stressed in real terms to the limit now.
This will be the point in time when the dam bursts and the Fed loses face with the masses.
With inflation breaking out like never before seen and with gold - the inflation hedge, then rocketing out of the stratosphere taking all the gold companies and TUD to the moon in an about face among the masses and investors. They will be tripping over themselves piling in. It will be time for the grand nomenclature to flow then.
For the time being -
For the next year to 18 months the lid will be kept on as it has purposely been before the real pressure builds to blow it off.
As I've been saying the past 3 years and have been sticking to my guns all along.
Comment by
fordster on Nov 03, 2024 1:21pm
Fantastic info that had me looking up definitions...and so for I can't disagree (frankly I still don't know enough to form a strong opinion: but your point on Keynesian economics seem straight forward) Do you have an opinion on Mordern Monetary Theory that the US has adopted for several years now? I would think this would accelerate what you're describing. Gold is the place to be.
Comment by
fordster on Nov 03, 2024 8:07pm
Teclkpro we stayed off politics other than me saying all parties are guilty. You're looking for something that's not there...unless you know enough specifics where you would get all defensive...at which point I would stress again, they've all done this to us.
Comment by
FastTrade on Nov 04, 2024 9:44am
This clearly shows you know nothing of the bogus Keynesian economics abuse employed throughout the past 15 years and counting. Under Obama the national debt increased by 8 trillion dollars in his 2 terms. Under Trump the national debt increased by 8 trillion dollars in just 1 term. Under Biden the national debt is on course to increase by 9 trillion dollars in his single term in office.
Comment by
TeckPro on Nov 04, 2024 9:57am
The one who dosen't have a clue is you ... Who hired the hundreds of thousands of overpaid Government public servants? Not Trump. That's the Leftist / Communist agenda which is also thriving in Canada. He was trying to clean things up and look what happened. All the bogus charges and the banking officials always get off without any charges. How's that?
Comment by
FastTrade on Nov 04, 2024 11:13am
The sum total of your knowledge of the subject i could fit on the tip of my baby finger. You need to get yourself a new handle. What kind of tech pro are you with your lack of reading comprehemsion skills. You have completely missed the point because you don't comprehend what you read. By the way - Trump is no savior. We are headed down the road to economic ruin with or without him.
Comment by
TeckPro on Nov 04, 2024 12:15pm
This post has been removed in accordance with Community Policy
Comment by
cskhurasu on Nov 04, 2024 10:41am
The issue is not Keynsian economics. The issue is a fiat currency that can be printed at wil.
Comment by
FastTrade on Nov 04, 2024 11:17am
Its the printing at will aspect of Keynesian economics that is entirely the issue and problem.
Comment by
garzillalives on Nov 04, 2024 12:37pm
We are headed for economic disaster. The question is how bad. Under Trump, Bad Under Kamala, really really bad.
Comment by
Larry60 on Nov 04, 2024 2:07pm
Garzi, im worried about 96 cent TUD............and how TUD is gonna raise $$$$$$. I hope they issued shares under ATM on the last run up. My guess is not more than $2 million in the kitty.........................thats like nuthin!!!!