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Sunday, June 01, 2014 12:38:53 PM
There, then, will be no safety or peace for those that control DC and Wall Street. They know that. They can only go so far to chock the economy, before they suffer the same effect. The 1 (or 5)% are not that dumb.
Only a ship of fools would punch itself in the face and think they had the world now.
If there is no effort made to restart america this fall, and the powers that be, assume the american unemployed are completely under their thumb . . . a winter and spring of discontent will transpire . . . and continue the damage to our country.
Continuing stagflation (let them eat cake!) in Washington DC and Wall Street and the Board Rooms of commerce . . . are bad signposts for liberty and freedom and governance in our USA.
We are witnesses now to a very strange form of economics: the very best and most physically needed resources are being choked off from the general economy. And, a belief reins in the highest places; that a service economy can provide jobs and income to itself, through foreign produced products. Credit card debt of all forms and types (including deficit spending), can electronically create capital demand (without localized production). The FED is not working to restart jobs in the USA. It only functions to create the illusion of recovery through allows phony backed dollars to cycle into the coffers of Wall Street and corporate pay increases. You saw the TV commerical where the guy is throwing operating chain saws into the air in a weird twist on the game of musical chairs. This can't go on , without eventually harming someone and something.
We have a bunch of speculators high on profiteering addiction syndrome, and their supporters (the FED and congress), supplying the means to keep them smiling.
PMs production and use is not a drug of choice . . . its a valuable tool for industrialization. The modern economy and society exists because of PMs in its tech . . . not its coinage and rings and things. A country that does not have or produce PMs and raw materials associated with its ores extraction, must buy the same from others.
That is the saving grace for HL and other domestic PM producers.
PMs make possible the weapons systems that protect the world's commerce trade routes. And, I doubt anyone is stupid enough to expect to procure PMs from China and Russia, etc. in time of need.
HL stock price will turn back up and so will the price of PMs?
We are in beautiful short 'sneeze' territory?
Recent HL News
- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/18/2024 08:30:03 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 08:05:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 08:43:15 PM
- Hecla Announces Leadership Transition • Business Wire • 05/23/2024 08:30:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 08:29:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 08:03:11 PM
- Form S-3ASR - Automatic shelf registration statement of securities of well-known seasoned issuers • Edgar (US Regulatory) • 05/20/2024 09:31:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 09:19:38 PM
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- Hecla Files Early Warning Report in Respect of Cascadia Minerals • Business Wire • 05/10/2024 08:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 04:00:37 PM
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