Who Plans On Making Lots Of Money?

If true, one would think this would surprise even the most objective outsider. Your ignorance is intentional or poetic.

I’m far from ignorant, but have composed a bit of poetry in my time. I don’t think you would serve well in a jury in the United States.

Now about M.T. Greene? :wink:

It’s pronounced “Empty Greene” :smiling_face_with_sunglasses:

So what Pelosi is an outlier and just happens to consistently out perform every investment firm every year? If it’s not ignorance, what is it?

I agree. I am exempted for life for jury service in my county because of a letter I wrote to the court naming the reasons I do not believe in the system of law in my jurisdiction. I have never been selected for a federal jury.

All of them are guilty. If not for insider trading, then any other number of illicit deals or morally questionable acts. I have no loyalty to party lines, I distrust them all. I am a constitutionalist at the very core. I want the federal government out of anything not outlined in the constitution. End of story.

Makes sense as that would end states having a national guard and no appropriation for the military to last more than two years because the Constitution includes a provision that “no appropriation of money to that use shall be for a longer term than two years” (Article I, Section 8, Clause 12). This clause was intended to limit the potential for a long-term standing army to be used for oppressive purposes.
That would balance the budget quick and keep the country out of overseas conflicts

For most of our nation’s history (apparently when America was great) we had a relatively small standing army/military. Even after WWI we downsized back to a small affordable military. It is only post WWII, which saw the blossoming of the perpetual military industrial complex that Republican POTUS Eisenhower warned us about.

One would have thought with the fall of Communism the lack of adversaries would have made justifying such high percentage of our wealth on military difficult, but even during the relatively peaceful Clinton years we never got the peace dividend that should have resulted from the downsizing of our military that would have been appropriate at the time.

“If it’s not ignorance, what is it?”
Please refer to my first response to you.

You’d think most people would say this whole “defense” thing is out of control
The big BS bill wants to increase defense spending and cut 23% from everything else.

I thought it was going to be Trump again that did something dramatic to cause another 10%-20% drop, allowing the rational to reap profits from the emotional & scared. Nope, it was Israel this time.

https://www.marketwatch.com/story/the-israel-iran-clash-has-delivered-a-fresh-shock-for-investors-history-says-they-should-do-this-next-a49b8dea?mod=home_lead

I thought there might be a little more volatility this morning, but besides some swings in premarket it seems like mostly a shrug after the open.

A little pop in oil and defense, but otherwise :man_shrugging:.

Was considering a short term play on Lockheed after their contract cut induced drop on Wednesday but they’re already back over and above following Iran news.

I think the MM’s are on to us, us being on to them. Thats makes it even more trickier.

4 days after the start of the war & the DowJ is up over 300 points while oil is down 1%.?! I guess the markets like a rapidly defeated Iran?

I don’t think the timing of the start of the conflict was a coincidence though. A mid-June Friday, many investors & traders are checked out & doing other things. Even more so the following Saturday & Sunday. Come Monday the war had slid down a spot or two on my news feed.

Dow surges 400 points, oil falls as Iran reportedly seeks Israel truce

Not being political here, just looking over account balances & making a commentary of the US’s resilient economic system. I started this thread on Arpril 4, wondering again on how & if to attempt to time the markets a couple of days after the tariff announcements when the S&P500 closed at 5,074. Since then, it was up 36% today, Dec 30th to 6,986. A few days later on April 8, the S&P was slightly lower at 2025’s bottom at 4,982. A whopping 40% difference from today’s close! On May 28th Goldman Sachs bullishly predicted the S&P500 would close the year at 6,100 & even that was too low?! Anyone who had cash equivalents on the side who rebalanced during the tariff hyperbole being pushed by the media & dumb could have easily returned a 35% profit by betting on something as safe & simple as the S&P500. IMO, we don’t need a crystal ball or inside information when history repeats itself so profoundly & consistently. Although we might not be up 40% at the end of 2026, for the level headed it’s going to be what we make & want of it. A Happy & Prosperous New Years to all.

Whilst my silver rockets up. Gold too but less so. Much more to come with silver becoming so essential for modern industrial use eg batteries in EVs (causing Elon to gag) and no end in sight of upside.

Yes, America has great prospects, but the widespread corruption has to go first.

In most successful economies, prosperity & corruption exists together to different extent. While it will never be completely wiped out the US has done pretty good. I’ve never had to pay a bride to get a permit, been fine for not having one or been shaken down by law enforcement. We still have it good IMO.

You pay for those forever!

I think you need more Musk-led DOGE revelations to see the depth of your corrupt institutions. Even lowly Somalis have quickly adapted to the rivers of gold gushing out of corrupt governments in Minnesota for example, creaming about $16 Billion in a few years.

Ask yourself how every politician’s wealth grows exponentially from normal on election to multi-millionaire soon after - even dunce AOC. Now there’s an investment sure shot!

@Jughead that’s the hyperbole & drama that is unconductive to level headed investing IMO. I’ve meet a billionaire & several multi-millionaires & none of them talked of such things, at least not to me or publicly that I know of. I work research ships, a sector of the US maritime trade that was heavily impacted by DOGE. But I haven’t/won’t let the pro/con arguments affect my financial goals. America is THE land of opportunity. The Somalian scammers who hopefully will be put out of business soon will quickly find new scams to run. Ill keep doing my thing too.

I agree. But you seem to miss that it is THE land of opportunity for corrupt people too. That includes your politicians, judges, billionaires and millionaires galore, drug runners, child traffickers, slavers, professors, media executives, Hollywood in toto, hitmen, Washington DC, UN, police, welfare scammers, mayors … whatever. Everyone except working class Joe who sees everyone on the take dishonestly.

You congratulate yourself that Somali scammers might be dealt with without wondering why they were allowed to do their scamming under the full knowledge and encouragement of a state government for a decade or more. What level of corruption are you prepared to tolerate whilst your investment portfolio grows comfortably? How long can such a corrupt system continue without catastrophic collapse.

I simply suggest silver for bog-standard technical reasons. Demand outstrips supply and future demand is skyrocketing. Some even speculate silver prices even I can’t allow myself to dream about.

Anyway, Trump has a few tricks to be revealed soon. The show is about to start.

Is there a country in the world where this isn’t the case?

They’ve been prosecuting people over this since 2018. Idk who I’m the government has been encouraging fraud? Can you point to a specific case where a governor or congressman or literally anyone in government has said “yes more fraud please”?

You’ve been saying this since his last term. Still waiting for something new? So far it’s starting a war in a country full of brown people with lots of black stuff in the ground for nefarious reasons.