Member Info for Wids

Gold/Silver are recognized as legal tender in a number of US states - doing it's best to undermine the FED note.
Next state will be Kansas. Real money is making a come back, long may it continue.

NC...btw, the FED manipulates everything else with Bailouts QE and rates. Imagine what markets would look like with them - they'd be real with real prices.

NC
JPMorgan is a classic PMs manipulator - cheaper to pay the fines and still be quids in - google it

When you see the words "Government guarantees" it makes me nervous. Lenders set risk tolerance, It's got fck all to do with government.

It's code for all is not well.

"I gave up reading the motley fool one article is positive and the next is negative I think the name gives it away"

In other words you learn nothing by not reading it. If it was positive all the time, you'd read it all day long and still learn nothing.

"Falkland

"Could you please tell us, when the 15pp or 17p will happen?"

Your tiny little mind and even tinier imagination is running away with you.

When did I day that?

Idiot."

Termite infestation. He's being hollowed out.

NC, don't worry about PMs, they're your wealth preserver for what comes next - buy more.

It wont go to zero - fiat will always has. Cash ban? You bet but not for the reasons peeps would expect. Acceptance Implementation Realization - screwed!

There's a lot of bunged up crap filtering through the pipe - when unblocked expect a gush and carnage assessment. The damage done will be in some cases permanent.

The only thing governments and CBs want is keeping asset prices up - so you feel richer more confident and spend. There's no free lunch in this world - but always a price to be paid. The rate it's going no one will have a pot to p iss in.

It's not a numbers game (the amount) you should focus on, but value and worth in primary assets. Try wiping your rrse with a plastic £20, that'll bung up the system too.

Another huge boost for Lloy -

"Budget 2021: Mortgage guarantee to help buyers with 5% deposit"

Is that good?!

Not in my books.

Net lending to individuals took a dive. Listen out for helicopters starting a weekly drop of £20s.

"Looking forward to the Lloy chat board agm/pis sup, did we say the sheep on lamb street, Burford or something like that? I took a drive out that way for some groceries last Saturday, change of scenery, lovely it was too."

TP Hit a Badger exiting Burford few weeks back, ounce of gold gone for a Burton - felt like a Rhino.

At Lidls next week boys! Go early to avoid the crush - just a heads up.

NC, for a matrix of reasons. As I said many months ago buy more Silver it's doing well. Focus out view the macro picture what's coming down the tubes. I don't view PMs in dollar/fiat terms - never did. A store of value which could be used in exchanged for other stuff.

Cryptos i don't pay any heed. Far too risky, backed by nothing, loaded today, skint tomorrow and that's with the leccy on - I like a good 8 hrs kip.

Everything is imaginery with imaginery money. Ex Goldman he'll find ways to fleece you, you can bank on that.

Yes Stagecoach, it's imo been that way for quite awhile. Lending houses are in view of governments increasingly becoming an obstacle to full blown lending - no surprise there!

When you create a world of no losers and no risk, waiting for the weekly cheque on the door mat - the price will be high for all eventually. We've reached the stage of Print or Die to eventual collapse - then count your worth.

Re: "Lenders will be given the option to purchase a government guarantee that will compensate them for a portion of their losses in the event a buyer cannot keep up with mortgage payments, the Treasury said"

Another example of idiots who make this stuff up - yet again more government interference.

Free markets evaluate risk, it's another pass any loss to tax payers. Government needs to get the fck out, stop the guaranteeing of anything - markets will do the rest.

But we live live in a Centralised global environment so don't get too excited. Expect more fck ups down the line.

Quid by Friday....Done!
Back to reality Monday.

That covers just about everything.

The cost of borrowing is rocketing. TSWHTFan at 1.50 on the US 10 year, so expect more flapping at the Fed - trying to push back a debt tsunami - unwinnable.

Asp
Your spending may restart but others will not.

What was lost is exactly that - lost!...and gone for good.

I'd get the house insured up... an artic blast, elon's rocket off course, or Kims.....sleep well? ;-)

Hi bertram, now the opposite. Government's cash cows to the TBTF banks.

If you take a yard, you'll go for the mile, and still walk away with a back hander - the system is rotten. Kids of the future will be given a pitchfork at birth.

Hi John... You been banged up? wish you well, keep your head down and avoid chicken coops. I read H5N8 has made the jump to us mortals.

Yes the Cantillon effect, yeah what can you say from what you already said. It's real divisive and bad news.

As Plutarch said....
“An imbalance between rich and poor is the oldest and most fatal ailment of all republics.”

....and what have we got!