InvestorsHub Logo

I-Man

03/05/21 8:04 AM

#3408 RE: U GOT TRUMPED #3406

I sold my XOM before Electiona s I stated herein. Bought beautiful remote property in mountains of NC where I can get away to reality and purpose of living... Biden Admin has new wealth tax inserted into the recently passed "stimulus" bill aimed at all those who profitted in equities and other...

Stimulus is mute point- bogus now. If Congress gave a damn they could have done it 11 months ago ! SO many US small businesses gone forever.

ONLY thing passed is more US taxpayers funds to foreign Entities and Enemy States...

But one contact in steel industries stated last Thursday, during that week's "market & tech selloff", all markets stopped for 3 hours at one point that day. After they re-started, we began being put back on the Gold Standard, which we were removed from back in 1974...??? I cannot verify, but same person stated over year ago (before covid became convenient excuse for many things), that the World's Central Banks were collapsing then. NOW we have this Fed Powell remarks about Yield Curve causing havoc across all markets and indices...???

We are NOT in any normal time to be compared to anything before... THIS is the problem...

Nebuchadnezzar

03/05/21 10:17 AM

#3410 RE: U GOT TRUMPED #3406

remember when we were buying this in the $30s and low $40s :)

OIL is going cause inflation and rates to rise over 2%