Fighting with the Patriots to keep America Alive
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Nickelback - How You Remind Me [OFFICIAL VIDEO]
Styx ~ Fooling Yourself (The Angry Young Man)
I use to always listen to this song what I was skiing. Oh, I won.
Peace,
38 Special ~ Rockin' Into The Night
Bob Seger - Rock n Roll Never Forgets
Keep this stuff on the economics thread. I want music only over here.
Peace,
Mark
A Soft Landing Is Impossible - Ep 932 ~ Peter Schiff . . .
Alamos Gold Declares Quarterly Dividend
5:00 PM ET, 11/22/2023 - GlobeNewswire
TORONTO, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 14 consecutive years during which time $324 million has been returned to shareholders through dividends and share buybacks, including $40 million thus far in 2023.
The dividend is payable on December 20, 2023 to shareholders of record as of the close of business on December 6, 2023. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes.
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This company is going to be a HUGE future winner.
I'll cover a couple more in the days forthcoming. I do own shares in AGI. I'm also watching Green Dot closely. They seriously need new leadership. Perhaps they will figure it out. I am accumulating from stupidity coming or "stemming" from the CEO. He has robbed me of 3K dollars from my Walmart card and can't seem to get back with me on that issue. That's poor leadership. Particularly when I own part of the company.
Watch closely for a change in leadership. It is needed.
Retweet this over and over again. I love to put pressure on assholes that don't know how to run a company.
Peace,
Mark
Certified Investor Relations Representative
mayrmark31@gmail.com
Inflation Driving More Americans To Food Banks For Thanksgiving Staples
As food prices continue to increase because of inflation, more Americans say that this Thanksgiving, they’re turning to local food banks to get essentials for the holiday feast.
“This is the first time I’ve had to pick up a box of everyday staples from a food bank in my life,” Brenda Stuart, of Washington, told The Epoch Times.
“I am not destitute; I have a job, but I can’t afford to make Thanksgiving dinner the way prices are at the grocery store.”
Ms. Stuart is one of several people interviewed by The Epoch Times who said that they’ve been forced to seek out food assistance ahead of the holidays because of soaring costs at the supermarket.
“I can buy a live turkey for just about the same price it costs to buy a frozen one at the store,” Tammy Moore, of Bridgeport, Connecticut, told The Epoch Times.
“I was going to pick up some cranberry sauce, then I saw how expensive it was, and I wanted to vomit.”
Read Full Article Here: https://www.zerohedge.com/personal-finance/inflation-driving-more-americans-food-banks-thanksgiving-staples
3 Doors Down - Here Without You (Official Music Video)
Happy Thanksgiving. It was a good week. Blessed be you all.
3 Doors Down - Here Without You (Official Music Video)
U.S. Financial Death Spiral – John Rubino
By Greg Hunter’s USAWatchdog.com (Saturday Night Post)
Analyst and financial writer John Rubino has a new warning about being fooled into thinking the economy is improving because inflation and interest rates have fallen some recently. Rubino says, “If the U.S. government is running crisis level deficits, which it is right now, borrowing money and paying interest on it means we are in a financial death spiral. The debt goes up, the interest on the debt goes up and that raises the debt even further, and you just spiral out of control. We are there right now. The official U.S. debt is $33.5 trillion. It’s growing by $1.7 trillion a year, and $1 trillion of that is interest costs. Interest costs are rising as the overall debt goes up. Then throw in this incredibly reckless military spending in the guise of foreign aid, and you get a society that has completely lost control. That’s where we are now. We are in the blowoff stage of a 70-year credit super-cycle. Those things do not end with a whimper, and they certainly do not end with a soft landing. They end with a bang, and the bang is going to be centered on the currency. People are going to look at this and say, ‘Do I really want to hold the currency or bonds of a country that is destroying its finances at this trajectory and this scale?’ The answer will be ‘No.’ At that point, it is game over for a deeply indebted economy. We are headed that way fast, and these wars are taking us that way even faster.”
If the Fed keeps raising interest rates, the economy tanks, but you protect the dollar. If you cut interest rates, you spike inflation even more, and the U.S. dollar tanks. Rubino says in the end, we get a “massive reset,” and the everything bubble explodes.
See Article Here: https://usawatchdog.com/u-s-financial-death-spiral-john-rubino/
Now, type in AGI in the same chart:
https://stockcharts.com/h-sc/ui?s=gdot
Happy Holidays!
Peace,
Mark
Is it "Off to the Race?"
https://stockcharts.com/h-sc/ui
Type in GDOT in the chart above.
Peace,
Mark
https://stockcharts.com/h-sc/ui
Consumed By Fire - First Things First (Official Lyric Video)
I Love you All. Thanks for being on my team. You want to lead? Peace Amy Grant - Better Than A Hallelujah (Official Music Video)
Hey Bob, they are digging your posts on Twitter. They have made this "responding" to another post on IHUB rediculous. I mean, seriously.
Hey, they are digging your posts on Twitter. Keep up the good work.
Kohberger Judge pick a new way to handle cameras in the courtroom will it work
GDOT trading pretty good today as well. Probably breaking out of that dismal slam they took. Could be a pretty good one for an easy 20%. As far as AGI goes, look for 24 to 30 dollars a share in the next 12 months.
High-End Retailers Face Downturn As Wealthy Americans Cut Back On Spending
As Black Friday looms, a concerning trend has emerged: Affluent Americans are cutting back on spending - a shift which signals potential trouble for an economy reliant on robust consumer expenditure to ward off recession.
According to Bloomberg Second Measure Data of debit/credit card transactions by US consumers, in the three months leading to the holiday season, a collection of retailers serving the upper middle class, such as Apple, Coach, and Nordstrom, experienced their steepest sales decline in two years. This data, derived from Bloomberg Second Measure, also reflects a downturn in affluent mall traffic, contradicting the general uptick in retail sales figures.
On Tuesday, Best Buy Co. and Lowe’s Cos. cut their forecasts and warned that shoppers were pulling back on big-ticket items like appliances ahead of the holiday season. Kohl’s Corp. reported its seventh-straight drop in comparable sales, as a partnership with Sephora drew in customers but didn’t spur them to spend more money on other items at the department stores. Even positive results at some retailers left investors wanting more as shares slumped at Abercrombie & Fitch Co. and American Eagle Outfitters Inc. -Bloomberg
Kayla Bruun, a senior economist at Morning Consult, notesthat the upper middle class "had been driving a lot of the stronger-than-expected spending." However, households with incomes over $100,000 are becoming more frugal.
Read the following article: https://www.zerohedge.com/political/high-end-retailers-face-downturn-wealthier-americans-cut-back-spending
AGI, trading pretty strong today Amigo.
Dutch Central Bank Admits It Has Prepared For A New Gold Standard
In a recent interview the Dutch central bank (DNB) shares it has equalized its gold reserves, relative to GDP, to other countries in the eurozone and outside of Europe. This has been a political decision. If there is a financial crisis the gold price will skyrocket, and official gold reserves can be used to underpin a new gold standard, according to DNB. These statements confirm what I have been writing for the past years about central banks having prepared for a new international gold standard.
Wouldn’t a central bank that has one primary objective—maintaining price stability—serve its mandate best by communicating the currency it issues can be relied upon in all circumstances? By saying gold will be the safe haven of choice during a financial collapse, DNB confesses its own currency (the euro) does not weather all storms. Indirectly, DNB encourages people to own gold to be protected from financial shocks, making the transition towards a gold based monetary system more likely.
See Full Article Synopses Here: https://www.zerohedge.com/markets/dutch-central-bank-admits-it-has-prepared-new-gold-standard?utm_source=&utm_medium=email&utm_campaign=2021