UVXY continues to collapse AH. All time lows coming in a day or two...

The markets will gain back everything lost today and then some. Another buying opportunity for UVXY will happen sometime next week. JMHO.

Dow futures down 500 now. PPT to the rescue?

The Santa Claus rally needs a rescue.

They're just angry because they didn't get their massive green pork bill pushed through. Gonna take it out on the markets.

Nice green pop here today on a down day for the market.

The Fed plays with fire, but the average Joe gets burned.

Here comes Santa Claus, here comes Santa Claus, right down Santa Claus way.

Thanks to the news, the hesitation is out of the market. Look for green the rest of the month.

JMHO

Fed says they will double the pace of tapering. Uh huh. Rate hikes threatened for next year.

Uh huh.

We'll see how that works out for them.

$29. Silver continues to fade despite rampant inflation.

Rigged.

What the hell happened to the Santa rally?

"...where is your tax base to pay taxes. "

The ruling class doesn't need taxes. It's not about the middle class paying for infrastructure, etc by means of income taxes. They pay for that in a myriad of other taxes--gas, property, sales, etc.

The oligarchy and big government can and do print all they want. What income taxes are about is control. The globalist state uses fear and force to gain control of the populace and they have succeeded. Once the middle class is obliterated, everyone will become more or less serfs who are dependent on the state and therefore much more easy to control, dominate, and elimiate.

Income taxes also serve a function to balance out inflation. When people have to cough up dough to the central bankers they no can no longer spend as much. Therefore, less dollars creates a bit of deflation to take the edge off inflation, but even that now is negligible.

But who will buy corporate junk and keep them afloat? Same deal. The big corporations hate competition--they want small businesses crushed and they have succeeded. Once the monopolies are complete, the populace will buy corporate products with government tokens. Step out of line or go too low on the social credit system and offenders will get turned off.

This is the brutal dystopian future that awaits us. Heck, it's already here in many ways.

People keep expecting the dollar to become worthless, but it hangs in there. People expect wheelbarrow money but that doesn't happen either. Why?

We won't have a Weimar situation because the Rentenmark was not based on debt like our dollar is. They were able to freely print it up without bonds being sold...meaning the currency didn’t have to get paid back with interest. Our dollar has a counterweight—the more they print, the more the debt. The citizens are double dipped. Not only do they pay a hidden tax of inflation, but also real taxes that go to paying interest on the debt—which constant grows. That means dollars are removed from the system and returned to the top of the pyramid and into the pockets of those who own the central banks.

Germany had a law to combat inflation—and that was to make salaries commensurate with said inflation. Here’s where the wheelbarrow money came in. A worker ends up getting a million per hour, but he was forced to spend it ASAP to get any value out of it. We have no such law here and in fact, real wages in terms of buying power have not risen much in decades. ! This is another way the middle class is getting crushed. The millennials have given up on jobs and buying houses—the prices are now far out of reach.

The poor get subsidized and the rich, thanks to their government lobbyists, get favorable laws, tax loopholes, insider benefits, and perks. They get much richer. The American middle class gets not a wheelbarrow, but the shaft.

Proof?

Ready to see the $60s again.

Our entire system of so-called money is lie. It's an immoral system designed to fleece the many and put power into the hands of a few.

Trump scored 30/30 in a cognitive ability test, but you're entitled to whatever opinion you may drum up. My opinion is we'll see fabulous success with his new social media platform. Go DWAC!

" He likely suffers from a progressive neurological disorder"

Proof?

Never? He has taken plenty of 'live-fired' questions. You must know this.

DWAC is going higher regardless. Good luck.

Barring WWIII, the markets will continue to march upward throughout the rest of December. The Fed can jawbone about raising rates. That's all.

I'm sorry you can't see his great intentions, but many will be left behind in the endeavor to return free speech to social media.

Nonsense. Trump will prevail over the drummed-up hysterics. Wait and see. DWAC will succeed even though many want censorship.

Nay sayers turned into Yay sayers.

The longer you hold UVXY, the more you lose. I found that out by bitter experience.

It looks like the rest of the December will be a merry sleigh ride into minty green new highs and new all-time lows for UVXY. The Fed protects their own interests--not those of citizens and especially the middle class. They will do nothing to stop rampant inflation. They'll only jawbone about it.

One thing is certain--the Fed doesn't care about inflation. They don't care what the middle class has to pay at the pump or at grocery stores. (We all know how much food prices have skyrocketed).

The Fed will not--can not--raise rates without crushing their stock market and since the central bankers own nearly all the stock market they're not going to do it.

Get ready for higher prices everywhere...but higher wages? Don't count on it.

Time will tell. I think you're wrong.

He's not that smart. He's a vicious backstabber and a twerp.

I know it's only $300 billion they owe, but if Evergrande defaults, will it have any coattail rippling effecct on US markets?

Opinions?

Evergrande says no guarantee it can make $82.5 mln debt payments
Says creditors have also demanded $260 mln repayment
Authorities summon chairman; shares drop 20% to all-time low
Disorderly collapse could ripple through property sector

If they don't stop now it only means they don't give two shakes about inflation. Where's Volcker when you need him....

Goldman Sachs said December will be a minty green month for the stock market from Monday on. We'll see.

They're sucking the blood out of crypto currency tonight. Dunno if it has anything to do with Evergrande failing to pay, but it's not looking good. The stock market is finally not rebounding like it used to--could portend even higher prices for UVXY if the Fed doesn't start flooding in money again--which only makes inflation worse. They really are between a rock and a hard place.

The Fed has their fat thumb on the wheel, that's for sure.

There will be a great exodus away from the censored social media into Trump media. It will be glorious to see.

Shorts had better cover quickly. It's not that complicated to figure out DWAC is going much higher.

Egad, what a disaster.

But maybe worth picking up some bargain shares here...

I was lucky to buy the dip today. They're dropping the markets on purpose to help generate fear over a mild version of virus.

It's all scripted.

DWAC + anti-Trumpism = emotional shorting

Added some here. DWAC and freedom of speech = STRONG BUY!

Heading toward red AH today....UVXY back in the $17s.

I sold my modest position in UVXY on Wednesday. Figures.

Looks like a black Friday in store. For those of you with the temerity, you can probably get a good short position tomorrow.

I'm a buyer of free speech. GO DWAC!!