One of the top item's on my "Wish List" would be to wake up tomorrow morning and find that gold is trading at $1,000 / ounce.
While the American politician's removed the country from the "Gold Standard"....... The traders in the rest of the world continued on the Gold Standard. One more lesson, changing a culture is difficult.
My world was industrial construction. I miss those days of sitting in some cold drafty lunch room tent covering "pros and cons"... I think there were days the only reason I went to work was for the "fellowship". NO topic was sacred.... Women, guns, truck, religion, people, piss poor supervision, Chinese fittings / welding rods and of course arguing with a welding inspector that had never welded.
This is as much a damning of our monetary policy as it is an endorsement for gold.
There is always the option of Crypto
Many LLMs can write papers for you and that will be run of the mill soon if not already. Open AI, Anthropic. Google. Apple before long.
That’s what this uneducated knuckle dragger thinks too. Nothing has changed except the economy is obviously crumbling and inflation is getting even worse. When deflation occurs, then I expect rate cuts. In order for that to happen, most consumer and business debt needs to be defaulted on. Until then, or a big war, nothing will change.Appearing the "rates" could remain the same for 2024. This could become the norm.
No rates cuts in 2024? Why investors should think about the 'unthinkable'
www.morningstar.com
I tend to look at "debt". At one point, around 2008, I allowed a credit card to run up a high balance. That period in time was labeled "The Great Recession". It took me years to pay that card off after I cut it in half.
www.cnbc.com Albemarle Corp. announced Wednesday cost-cutting actions, including job cuts, in an effort to boost cash flow as a result of changing market conditions, particularly in the lithium value chain.A wide decision.
"Our engagement with the Liontown team has been meaningful and productive. We appreciate the level of cooperation we have received, and we thank the entire team for their efforts," said Kent Masters, CEO of Albemarle. "That said, moving forward with the acquisition, at this time, is not in Albemarle's best interests."
ALBEMARLE WITHDRAWS NON-BINDING OFFER TO ACQUIRE LIONTOWN RESOURCES
/PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced...www.prnewswire.com
Every traditional car maker (GM, Ford, etc.) has reduced their EV projections for 2024 = less batteries
The six currencies included in the USDX are often referred to as America's most significant trading partners, but the index has only been updated once: in 1999 when the euro replaced the German mark, French franc, Italian lira, Dutch guilder, and Belgian franc.1 Consequently, the index does not accurately reflect present-day U.S. trade.
oilprice.com 
Are they actual highs, or just inflated numbers because every $$ is now worth less than it was before? A loaded new truck was $3K, now $130K, almost like it’s just priced in pennies now.
OK, sounds right, but how does the market hit these highs in order to make the masses happy?
If you bring up charts of the different markets all you will see is "inflation". Increases of 20% - 30% are nothing more than inflation from the low man on the totem pole to the "middle man" to the government fee / tax increases to the bean counters in the back room at the corporate head quarters. GDP is going nowhere, only new jobs are "government jobs", no new factories, no new products, no new exports... Nothing but inflation increasing the numbers and the national debt. Unsustainable.
On a Friday, an hour after close, that leads into a 3 day holiday weekend. That gives the oligarchs a head start, gives the fund managers some "before the bell" time to do some damage control. The foreign markets get a head start. Those people who worked a lifetime and put it all in a managed fund will take the hit. History repeating itself.
Will any "savings" be passed on to the consumer ?
When it becomes a "throw away car" the cost of the replacement insurance will cost as much as the replacement battery.
"We are simultaneously ramping new products, building or ramping manufacturing facilities on three continents, piloting the development and manufacture of new battery cell technologies, expanding our Supercharger network and investing in autonomy and other artificial intelligence enabled training and products, and the pace of our capital spend may vary depending on overall priority among projects, the pace at which we meet milestones, production adjustments to and among our various products, increased capital efficiencies and the addition of new projects," the company said.
You got shit figured out... Not just in the market...
www.cnbc.com 
