Thursday 30 June 2022

My CPC Ballot - UPDATED.

1. Jean Charest

2. Scott Aitchison

3. Patrick Brown

4. Roman Baber

5. Leslyn Lewis

6. Pierre Poilièvre

Tuesday 28 June 2022

Dion.

It shows I'm not in the loop. Now he has not one but three jobs.

Nice. Classy. But why am I not surprised from this Prime Minister?

You know what they say about reaping what you sow. Stay tuned, just in case things suddenly get interesting in Ottawa.

Someone has gone down in my esteem.

C'est un vrai coup de cochon.

Monday 27 June 2022

Freeland.

Is it really true that Freeland has got over the bug and is no longer interested in succeeding HimselfTM? What? God knows Trudeau did everything he could to indirectly cement Chrystia in place. Why the "change"? Is it because even she can see that her predecessor is more of a net-negative than anything else?

That takes us to the next obvious question: what about the ex-central banker opportunist? Talk about bad timing as inflation rages. Does Mark still see himself as having at least some royal jelly? And then there's the age thing with Carney.

But you know Liberals -- always looking for the next saviour, so who really knows. Guess it will ultimately depend on whether Trudeau runs Canada, this economy and his party right into the ground. Don't underestimate Justin, for once I have every confidence in his abilities.

It's No More Than 50-50.

This ain't the Second Coming for Biden. As of now, he's still toast in 24. Inflation, purchasing power and standards of living are killing Joe just like they killed Jimmy.

Biden's wounds are self-inflicted, especially from the moment he chose to kiss Powell's ass, instead of giving it a swift kick.

But on to 22: but for Roe, the set up was already in place for a Republican landslide -- bye bye Joe in the Senate and likely the House. And don't get me started about governors and state chambers.

So...women, are you actually going to vote in droves to send a message to Repubs or are you going to prefer being victims like with ERA?

Like I said, Roe is no last inning gift from God that'll wipeout the Republicans. That can only be accomplished by females in the voting booth. I'm calling it 50-50, maybe Yes but probably No.

So...women of America, prove me wrong. That's what I'm hoping for. Meanwhile Joe, have a drink.

Friday 24 June 2022

Roe v. Wade.

This is way beyond historic and incredibly tragic. To think that justices and law makers see themselves as the final arbiters when it comes to a woman's right to carry or not carry a pregnancy to term.

I'm hoping for the mother of all political backlashes but hey, this is the United States so I won't be counting on it.

First, the failure of ERA and now this. So much for equality between men and women, not to mention an implicit right of privacy and individual self-determination.

What a sad and horrible day as the justice system effectively and voluntarily throws itself into utter disrepute.

Thursday 23 June 2022

WWIII A Coming?

This video is a good listen and watch. They have their perspective and it's an interesting one:

 (2244) World War 3 could be days away if THIS happens in Europe | Redacted with Natali and Clayton Morris - YouTube

Of course, it's not mine because I'm terminally against bona fide DemonSeedsTM who always start off by murdering their own citizens and dissidents and then inevitably graduate to killing other country's citizens and residents. That's how evil doers get off in war.

Let's see, why does Russia, China, North Korea and Saudi Arabia come so easily to mind? If Putin wants to de-Nazifi, he should start by taking a long, hard look right in the mirror.

CPC: My Ballot.

1. Jean Charest

2. Scott Aitchison

3. Pierre Poilièvre

4. Leslyn Lewis

5. Patrick Brown

6. Roman Baber


Wednesday 22 June 2022

Those Fucking Fascist Truckers Heading To Ottawa.

Look you idiots, Canada is a democracy and as such, elects members of Parliament who represent people until the next election. You don't have to like them, or even vote for them but the fucking Rule of Law is the fucking Rule of Law, period.

So No, you imbeciles, you don't get to decide who's the fucking prime minister and no, you don't get to decide when the Liberals' term in office ends.

No, you fucking fascists à la Mussolini, No! So, go royally fuck yourselves and return under those rocks from which you came.

You're fucking lucky I'm not the fucking prime minister because the moment any of you looked fucking sideways at the law, I'd throw each of your sorry asses in jail for at least a decade. That should cure most of you dopes, unless you're already too far gone.

Jesus H. Christ. Enough is enough.

Sunday 19 June 2022

Inflation: Why The Past Won't Be Prologue.

Here we go again with recency bias...

FFS, The Federal Reserve can't pause or reverse interest rate hikes the way it did before. Why? Because of galloping inflation which will only surge ahead in even greater fashion, if they stop hikes or relent.

The Fed has to do a full Volcker, otherwise this economy is thoroughly and completely screwed for at least the next decade.

In short, take the bitter pill of The Feds' poison now in full measure or watch our present recession turn into the greatest Depression that humankind has ever experienced. That's reality. Powell has zero maneuvering room and even FOMC idiots belatedly have come to recognize that.

Poilièvre: The Big Picture.

Can Poilièvre go from an anger-based campaign to a measured anger general election and still win? Maybe, but IMHO, probably not. 

A very good leader knows when to change, or at least nuance his approach to leadership. Can, or more importantly, will Pierre do that? We'll find out soon enough. But it DEFINITELY becomes a big and absolute No if the perpetually aggressive and angry Jenni is still driving that campaign. Trudeau must just love Byrne!

Saturday 18 June 2022

Markets, Economy, Remedies.

If you're looking for the straight goods on YouTube -- without any bullshit, self-promotion or trying to sell you something directly, then these four are your go to guys to get it without an agenda.

1) Greg Mannarino

2) The Maverick of Wall Street

3) Michael Pento

4) Chuck Barone

Thursday 16 June 2022

Stay The Fuck Away From Derivatives.

Even after all this, markets are in no way anywhere near to fair value. So, we need even more bloodletting. 

Remember that around the world, the garbage products known as Derivatives-based are in the quadrillions so when they blow up, which they eventually will do, you'll likely lose almost everything. Most people haven't got a clue that some ETFs are based on derivative contracts: think base and precious metal, leveraged and inverse ETFs. So, be exceedingly careful.

Of course, regular ETFs will replicate the index so no more safety there than being in the underlying stocks when it's bath time. Ditto for mutual funds, unless the stock-picker is God himself.

That's why for precious metals, physical is always a good idea but not if the premiums are ridiculously high -- and don't store meaningful quantities of same at home. Use the brand name storage facilities. Then look over closed end funds such as trusts, which are based on physical. And finally there's the world of mutual funds and individual stocks.  

I'm buying trusts and stocks where the legends of precious and base metal investment are pretty much all in, either as part of management or with a substantial weight of the stock already in hand. I'm also letting the high quality stocks and royalty companies come to me, as Rick Rule would say, and buying them on sale. (This is my favourite part.) 

So...keep your head, keep your cool, and know why you're buying and selling. Try never to sell because you have to and as much as you can, don't ever buy anything on margin. That, in and of itself, can quite literally wipe you out.

May God and the Force be with all of you.


Monday 13 June 2022

Boom!, Down They Go.

The adjusted Ten Year Yield closed at 3.366. That tells you a few things: the actual inflation rate is somewhere between 16 and 18 percent, not 8.6 percent. That means credit markets are well on their way to seizing up and so, stock markets will continue falling -- just wait until Wednesday when the next interest rate hike is likely to be 0.75 or maybe, just maybe, a full percentage point.

The other point is that recency bias won't work this time. How can The Fed choke or reverse course when inflation continues to gallop ahead? So...The Fed incompetents and inflation creators can't do anything but continue raising rates, period.

Remember to cool inflation and hopefully reverse it, the FFR has to be above the inflation rate. That's what Volcker did. Otherwise, QT just won't work. 

The next mine on the road will be whether stagflation, where we are now, throws the economy into a "technical" recession. Normally, that would put us on a deflationary course but that won't happen so long as inflation's trajectory continues to rise. (Sorry, Cathie.)

So what am I doing? I'm buying precious and base-metal royalty companies and moving up the food chain when it comes to large cap, dividend gold, silver and uranium stocks. Buying physical is also a good idea so long as you don't have to pay ridiculously high premiums. 

That's my stock market insurance. We'll see if it works or not over the medium term.


Sunday 12 June 2022

CPC Memberships: "Irrelevant"?

Looks like our campaign is going through a round of cognitive dissonance. I mean, you can't comment on your opponent's so called inflated numbers -- PierreInflationTM and then claim that your own numbers are basically irrelevant because the leadership will be decided by a points system per riding. Come again?

Poilièvre claims to have sold 312,000 and Brown 150,000. Charest has chosen not to release his numbers. I don't know about you but that tells me that our campaign is at best behind and not anywhere close to substantially narrowing that gap. Incredibly bad political tactics but hey, that's what you get when your strategists are off, to put it nicely...

So, when Coyne says Charest is either in third or fourth, your first reaction is skepticism and disbelief but when you see how Charest is sketching out this race in public, then you really start to get very seriously concerned.

Frankly, I know my party all too well and from what I can see and have heard, it's already over for us. Now it's only a question whether Poilièvre wins on the first or second ballot. That's more than likely CPC reality.   


Wednesday 8 June 2022

So Long Joe in 2024.

Well, the ruination of the American economy is seemingly still top of mind -- imagine that being the case. The United States is very likely in stagflation now with its almost inevitable twin just turning the corner. You know, a recession. 

So...that's going to cook Joe's goose in 2024 but hey, Joe asked for it in spades by re-nominating the head incompetent, or if you prefer, Powell. For Christ's sake, all and I mean all FOMC members should have been summarily sacked along with Yellen, period.

Their policies including monetary creation and the digitization of new currency was an inevitable inflation creator. Everyone knew that going in but they went ahead anyway. And Biden did zip to reverse course. You see, when you take your economic pain early, you have less to endure over a shorter time frame but when you do diddly, you get what you get, ever increasing inflation that yes, could quite conceivably last a decade or more.

In short, there goes the House and Senate this fall and so goes Biden in 24. For a while there, a lot of us thought the Supremes had given Biden a gift but abortion rights ain't resonating the way so many of us thought it would. That means huge Republican gains are in the country's future, come hell or high water. Thanks Joe for blowing it for yourself, not to mention all Dems in Congress. Great fucking job.


Sunday 5 June 2022

Is Poilièvre Tone Deaf?

So far, in this race, absolutely. Can he be stopped? Nope he can't. Is the next election the third that we'll blow in a row? You bet we will unless Pierre gets Canadian religion, you know, the place where the voters vote. Sorry Pierre but populism is not your ticket to the PMO. So far, you're no Doug Ford so your brand of so-called populism won't cut the mustard. Right now, you're more like the failed Harper of 2015, you know, Jenni's last race, at least for most of that campaign.

So...you have a choice: meaning change pragmatically or prepare to be welcomed to the Scheer and O'Toole rank of failures. Think I'm full of shit? I don't think so, as you and Jenni will likely find out, probably much later down the road than sooner.

While English Canada Sleeps...Tick, Tock, Tick, Tock.

It's so much fun being right (once again). In four words: Caroline St-Hilaire, Bernard Drainville. More proof, as if any actually was needed that the sovereignist leopard never really changed its spots.

I said long ago that I didn't trust Legault further than I can throw him. Now, all the CAQ has to do is give the final coup de barre to the PQ. And then by magic, the CAQ becomes the new and improved PQ.

So, thanks again English Canada for sleeping at the switch -- and not giving us a truly pan-Canadian constitution. The end of Canada is nigh, first from a Trudeau who betrayed the concept of Canada by imposing a sham constitution on Quebec and then by another Trudeau who will eventually preside over the demise of Canada. 

A PM with a brain would have ceded all jurisdiction over immigration to Quebec but not before establishing a national framework that Quebec agreed to, before that power was transferred. But Justin just blew another one, as is his habit and in went another nail into the Canadian federation.

Others will be crying when Canada ultimately goes down the tubes. I'll be laughing for all the federal level bunglers who quite deliberately threw this country away, mostly by inaction but also by incredibly stupid action. Canada and her people will get what they so richly deserve -- the end of Canada.