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jas007

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Everything posted by jas007

  1. After he did that, the stock market started to tank again, but it has since bounced back a little. The dollar index has also recovered. China will fold. They're in more trouble than many people seem to think. Then again, Trump may just be making idol threats.
  2. No matter how you look at it, lower oil prices stimulate the economy. For sure, the reason why prices are lower can vary - some good, some bad. But still, whatever else is going on, lower oil prices are better for the economy than higher oil prices. Right now, the world economy is so fragile that it simply could not survive the oil prices we'd see if the Straits of Hormuz were to be closed, for example. I'm addressing the USA economy, primarily. I'm sure Russia probably doesn't like lower oil prices. Ditto for Saudi Arabia and the other oil exporting nations.
  3. Oil prices would have gone down, in any event, with all the new drilling nd opening up of territory for exploration. Couple that with a worldwide slowdown, which was already under way, and lower oil prices are a given. Any this moment my oil stocks are down 4%, on average. And they were dropping before that. Anyway, lower oil prices are good for the economy.
  4. At this point, no one really knows how it will play out. You can guess, but that's all it would be. A guess. My guess: if everything starts to go bad, Trump will alter his course. Or perhaps, congress will step in. You can. bet that between congress and the Fed and the other Central Banks round the world, no one is going to sit back and watch indefinitely while the system goes up in smoke. Things don't work that way.
  5. Russia is Russia, and yes, they underwent some change. But that's far from the scale of change that would be necessary to upend the entire order of the wold, which is about what Trump is trying to do.
  6. If you look at it that way, there's almost no such thing as a safe investment. Even your fiat currency will eventually reduce to its intrinsic value, which is zero. Gold is real money. Or some other real asset like real estate. Anyway, she wanted stock market investing advice, and I gave the best advice I knew.
  7. She needs to realize the difference between long term investing and trading. If she's trying to trade the market online and doesn't have a lot of experience doing so, she's playing a game she will lose. On the other hand, long term investing is just that. Long term. .You accumulate stock positions from time to time and put them on the back burner, so to speak. The real money is made long term and a stock can take years to pan out. Depending on the broker, buying stock doesn't necessarily have to require a broker's commission. And, again, depending on the brokerage, you don't even have to buy whole shares. You can sometimes invest just a dollar amount and they'll accumulate fractional shares in your account. Find a broker that allows this. Once your wife has that part under control, it's just a matter of picking good stocks with good long term growth potential. And she probably shouldn't put all her eggs in one basket. But, long term, the winners usually outnumber the losers.
  8. I think he's talking about the different decades, not people's ages.
  9. We all get to find out if Trump's ideas work, in real time. And, during most of our lives, the world has not been in a more precarious situation, either economically or in a geopolitical sense. The changes Trump wants to make are drastic and, for the most part, unprecedented. In any event, the alternative to Trump was Harris and the destruction of what was left of America. And so the voters chose Trump. And yet his plans may be overly optimistic. The status quo developed over decades and centuries, both economically and with respect to the established international "rules based order." And unfortunately, over the years, America has grown increasingly bankrupt, both economically and as a superpower. US hegemony is being supplanted by a multipolar world. Will Trump succeed? I'd like to think so, but I'm probably more of a realist. The forces allied against him are massive, and the established economic order will not simply disappear. At the end of the day, the Western Central Banks control the Western world's finances. It's a world of fiat currencies and money manipulation and the name of the game is currency debasement to keep the system operational. So, look for lower rates and a "race to the bottom" in the currency markets. And yet at some point, that game will no longer work. How long will it last????? It's the only game in town for the Western world, so it'll probably go on for a while. Trump has some breathing room. But the Western economy does not exist in a vacuum, especially in a world of scarce resources and a shifting geopolitical structure. Trump also wants to realign the geopolitical world. He says he wants peace, but does he? It doesn't seem that way, at least in the Middle East, which is about to turn into a major mess thanks to the Neocons at the State Department. It's almost a lost cause, at least in the Middle East. Bottom line: Trump probably won't be successful. In some areas, perhaps. I'm not holding my breath, though, on a shake up of the entire world order.
  10. I used to take my MGB in for service to a dealer that also sold Jags. Without fail, it seemed like every time I was there the service bays were filled with XKEs.That must have been a regular occurrence for the owners.
  11. I think the US Treasury thinks the rate should be 34 to the US dollar, so nothing has changed. Mild fluctuations are not a "plummet." I'd look for the baht to weaken a bit from here.
  12. Whatever label you want to put on it doesn't much matter. Stock valuations were way out oof line with reality and now they're adjusting. Long term, people will have still made huge gains. The [rice drop was just a matter of time.
  13. No problem. It's my pleasure. Have you ever talked to people who lived on grant money? Money is a powerful motivator. I've known world renowned professors. The tops in their field. And yet there they are, applying for "grants." It's a lucrative business, by the way.
  14. It depends. I still think of USA prices, in terms of tips, so if I leave 70 baht for a tip, I don't see a problem. I feel bad if I don't. It just seems normal. Food delivery. Restaurant meals. Taxi rides. Those people need it and, for me, it doesn't matter. I don't do that all the time. No tips in convenience stores or for carry out food.
  15. Follow the money. And unfortunately, the people that control all this have money everywhere. Without "grant" money, who would pay for the research? The entire system seems to revolve around "grants." Scientists and medical researchers can be bought and paid for, just like politicians, so there's a problem.
  16. Follow the money. And unfortunately, the people that control all this have money everywhere. Without "grant" money, who would pay for the research? The entire system seems to revolve around "grants." Scientists and medical researchers can be bought and paid for, just like politicians, so there's a problem.
  17. Follow the money. And unfortunately, the people that control all this have money everywhere. Without "grant" money, who would pay for the research?
  18. Just later in the day, or later in the month? If it's just late during the day, blame your bank. I can't imagine anything else.
  19. They say the real estate meltdown is just now getting under way, especially in some of the overpriced areas. RE taxes are going up, along with homeowner's insurance and maintenance costs. It all adds up to a bad situation. For some reason, I still get an email copy of a property tax bill for a property I sold almost six years ago. Taxes up more than 100% in that short time, and I'm sure the insurance is up as well. I wouldn't want that house if you gave it to me. Too much trouble. It's no wonder RE buyers are having second thoughts. Anyway, it should be interesting to see what happens. I'm pretty sure the powers that be won't let the entire economy collapse. Too many people have too much to lose.
  20. As usual, the central banks around the world are pretty much all playing the same game. Lower and lower interest rates and weaker currencies. But they all can't win. It's a so-called "race tot the bottom." Which currency has the most staying power? What would replace the dollar and it''s reserve currency status, over the short term? It can't be nothing, and there are lots of reasons why the dollar will win out, at lest over the short to intermediate term. So the dollar may decrease in value in the USA, but in Thailand, maybe not so much.
  21. There's actually a lot of documentation out there about the origins of COVID, the production of the jabs, and when all this occurred. There are paper trails. Emails, requisition invoices, patents applied for and granted, and so on. It's all available. And yet if you show all that to some people, they'll call you a "conspiracy theorist." They simply won't open their eyes. Their brains not are wired to do that. In the end, it's not worth bothering with at this point. Let them wallow in their ignorance. I could post a lot of information here, but in my mind, the COVID era is over. I escaped unjabbed and I won't be a victim. The rest is unfolding now.
  22. Nothing to worry about, IMHO. What's happening is a much needed correction. And yes, the valuation of many stocks doesn't make much sense. In any event, a correction is just that, a correction. Fearful people will sell, some people will sell if they get margin calls, and Wall Street institutions will adjust their algorithms as interest rates drop and currencies continue to weaken. That seems to be Trump's plan. Lower rates and a weaker dollar. Fine. How do you play the game, given that scenario? Accumulate an ever weakening dollar and perhaps end up investing in lower yielding stocks and bonds at some future point? I don't think so. Sell and hang onto cash that continues to decrease in value? Accumulate cash and hope you can time the market and reenter at or near the bottom? Try to do that and, historically, unless you get really lucky, you end up not doing so well. Why not stay invested? Perhaps adjust your portfolio toward include more risk-on assets? When the market changes course, which it will, you'll be supercharged. You bought high risk stocks when no one else wanted them and you'll do well. And if everything really does crash big time, it won't matter, anyway. You'll be in so much trouble that your stock portfolio will be the least of your worries. Finally, and in case it's not obvious, the people screaming that the sky is falling are doing so for political reasons. If it's a Trump plan, it has to be bad. That's the extent of their analysis.
  23. I wasn't presenting "fact." Just a theory I read about during the very first phase of the COVID deal. It sounded bizarre then, but in retrospect, things may be playing out that way. The pieces fit together. Now more than ever. -Manufactured virus. Gain of Function research begun at Ft. Derrick and later transferred to Wuhan via Fauci shennanigans. -Jabs designed and contracted well before 2020. -Jabs are administered mostly to the educated people of the world. People who are more expensive and use more energy. In other words, people the elite would like to get rid of. -Millions of migrants flooding across Europe countries almost unimpeded. All poor and mostly unjabbed. -Millions of migrants invaded the Southern US border, also unimpeded. All poor and mostly unjabbed. They didn't even test, did they? They just let them in. Handy replacement workers for all the people who will die. -Connect the dots. In retrospect, it all fits. So, do whatever you want with your tinfoil hat. It sounds like it may be too late for you at this point.
  24. COVID wasn't the real killer, it was the jabs. And those are still killing people as I type this. Whether the jabs were supposed to work faster than that, I'm not sure, but the plan was put into place well before the start of the COVID spread around the world in early 2020. They had manufactured the virus and they had contracted for the production of the jabs. As for the world's poor people and breeding? Someone once said that the plan wasn't to reduce the population of "people" in general, but to thin out the population of the developed world, where people use the most energy. Remember, the nuts that dreamed all this up also believe in global warming and climate change and would very much like to reduce energy usage around the world. So, they eliminate a bunch of expensive Europeans and Americans who use a lot of energy and replace them with compliant poor people. You can see evidence of that part of the plan, now. Millions of migrants in both Europe and the USA, and all of them poor and mostly not jabbed. Slave labor, ready to serve the ruling elite.
  25. As I understand it, it's a round about way to determine the tariff amount based on trade deficits with each country. This would allow for the inclusion of extraneous factors that might not otherwise show up, such as currency manipulation. I guess that makes me sense. Otherwise, countries would just find some way to circumvent the tariffs. Currency manipulation is always possible, and this would lessen the benefit of a country going down that route.
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