Member Info for halfpenny

https://www-cnbc-com.cdn.ampproject.org/v/s/www.cnbc.com/amp/2021/08/11/cpi-report-july-2021.html?amp_js_v=a6&_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16286926269389&_ct=1628692632500&referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.cnbc.com%2F2021%2F08%2F11%2Fcpi-report-july-2021.html

$1tn stimulus package passed by the Senate yesterday. Next is the further $3.5tn infrastructure spend.
PS the drop in unemployment in the US last week is mostly being put down to a typical seasonal uptick within the educational sector. So it's important to read between the lines.
CPI data today is expected to show gains but to show a slow down in the gains made the previous month. So beware the usual knee jerk reaction to the figures. A buying opportunity maybe, but I don't second guess anymore.

Even so it doesn't inspire confidence and is bad advertising for the crypto ponzi scheme..

CPI tomorrow again.

Everyone is experiencing higher costs, it's called inflation. But hang on, the government says it's only temporary so it must be only temporary then.....

All a game of nerves here it's being taken down on low volumes? Now when to buy some more that's my only dilemma..

PM's trading erratically on low summer volume so little bits of daily data making large price movements only to be expected.

The high level of government debt makes significant interest rate increases impossible.

The high level of government debt makes significant interest rate increases impossible.

US will engage in unlimited money printing and global usage of the $ is shrinking fast. RT News just now.

So don't believe the hype..

Paper manipulation once again. Is it mostly only day traders posting these days? Spent my afternoon sawing logs and stacking up with a Nordic look. Bow saw so good work out. It'll pay dividends in the colder months. Just like fres? Torrential rain all afternoon here and looks like it's here for the weekend. I also lowered my average in fres and cey.

Overreacting yawn zzzzzz

PM's have to be kept at a low price to give the illusion the fiat money is actually worth something if PM's were allowed to roll without manipulation they'd be many multiples higher. But it's getting harder to keep them contained imho.

A history lesson for the PM newbies :-

Comex gold contracts were brought to life in 1974. Correspondence between senior officials in and advisors to the Nixon Administration discussed the need to create an “investment” vehicle to “capture” institutional investment money directed into gold in order to prevent the rapid rise in gold after President Nixon closed the gold window.

In a nutshell the whole Comex system is corrupt with insider influence between US and the UK creating bogus orders. This is not allowed but I've seen first hand that it sure does happen.

Since the introduction of paper gold, the Comex -- gold and silver trading -- has evolved into what can only be described as a caricature of a “market.” The open interest in gold contracts is nearly 10 times the amount of physical gold reportedly held in Comex vaults. It's 60 times the amount of “registered” gold, the gold designated as available for delivery. ...

Hi. It should be known as Conex not Comex meant to be supply and demand but no way..

Paper manipulation de rigor but it can't go on forever..

Paper manipulation de rigor but it can't go on forever..

Nice £3000 divi coming my way..

Hoc having to weather new political situation however. Cey much more investible imho