Replies to post #63 on Awesome Stocks

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Bigworld, Sounds great. That seems like an excellent choice for retirement. Btw, how was the music festival? Hopefully the weather was good and the Covid stayed 'at bay'.

Fwiw, I've been researching some of the under-publicized Covid treatments out there, and it's very interesting. One is the SSRI Fluvoxamine (Luvox), which works via its anti-inflammatory action at the receptor that regulates cytokine production. Luvox also gets through the blood-brain barrier and may help reverse the brain fog aspect of Covid -


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165585016

Unfortunately another apparent 'troll' of the Vinmantoo variety has shown up on my BioPharma Ideas board to make things miserable. With the Pfizer vaccine now fully approved, the full court press has started for mandatory vaccinations. This was discussed by the famous/infamous Steve Bannon -

.. oops, looks like YouTube scrubbed that video. Down the memory hole, along with other recent Bannon videos. I always had some doubts about Bannon, but when they delete/scrub controversial videos it just makes the public want to find out more.

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Bigworld, After 16 years on I-Hub, I've decided to 'retire' from posting and spend more time with other hobbies and activities. I spend way too much time on these boards, and need more time for exercise and related outdoor activities, rather than sitting in front of the computer all the time.

I hope your back surgery goes well, and also your move to Arkansas. Hopefully Covid will fade soon and things return to something closer to 'normal' :o)

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Bigworld, Well, maybe I'll keep posting. I-Hub is a tough habit to break :o)


>>> Gundlach: We're running our economy 'like we're not interested in maintaining global reserve currency status'


Yahoo Finance

Julia La Roche

August 24, 2021


https://finance.yahoo.com/news/jeffrey-gundlach-view-on-the-us-dollar-decline-154813067.html


Billionaire bond investor Jeffrey Gundlach, the founder and CEO of $137 billion DoubleLine Capital, says his number one conviction over several years is that the U.S. dollar will decline as a consequence of current economic policies, resulting in the U.S. losing its sole reserve currency status.

"My number one conviction looking forward a number of years — I'm not talking about the next few months at all, I'm talking about several years — is that the dollar is going to go down," Gundlach told Yahoo Finance Live in an exclusive interview on Monday afternoon.

It's Gundlach's view that the "places to be in the long-term" are emerging markets and "non-U.S entities." While Gundlach has already rotated into European equities, the investor expects to "aggressively rotate into emerging markets," but notes it's "too early for that right now."

"So the dollar is going down is another reason why ultimately — we touched on gold — I think ultimately gold is going to go a lot higher, but it's really in hibernation right now," he added.

The 61-year-old "Bond King" later highlighted that the United States' status of the global reserve currency is in jeopardy.

"[The] U.S. has enjoyed the status of sole reserve currency globally for decades, and it's an incredible benefit," Gundlach said.

He pointed that in the aftermath of the global coronavirus pandemic and lockdowns, China's economy has been "the strongest economy in the world by far." While U.S. GDP has "bounced back with a lot of consumption, a lot of that consumption is going to China," he added.

"That's one of the reasons why China has such a strong economy. So, what we're seeing in the United States is starting to fall behind in economic growth. That's not a new thing. That's been going on for a generation, the U.S. falling behind," Gundlach said.

The investor also pointed out that estimates for when China's economy will be the largest "keep getting pulled forward," noting some economists' projections show China's economy will surpass the U.S. by 2028.

"We have debt-to-GDP that is fueling the majority of our so-called economic growth. So, is it really economic growth when you borrow money or print money, send checks to people who turn around and buy goods on Amazon in addition to maybe paying down debt and speculating and these goods come in from China?" Gundlach said.

He added: "We're running our economy in a way that is almost like we're not interested in maintaining global reserve currency status or the largest military or global call it superiority or control. As long as we continue to run these policies, and we're running them more and more aggressively, we're not pulling back on them in any way, we are looking at a road map that is clearly headed towards the U.S. losing its sole reserve currency status."

According to Gundlach, with the current economic policies in place, it's "almost certain" the U.S. dollar should be going down.

"The value of the dollar is so high because we enjoy global reserve currency status, and we don't really respect it enough. We take it for granted, I guess. We seem to take a lot of things for granted these days in the United States relative to how we thought about things in prior decades and generations. And, I believe we are setting the stage for us to, unfortunately… experience the consequences of our actions the way we have been running a non-serious economic program now, really since 1980, but it's really accelerated so much in the past decade and there's no signs of it abetting," he said.

It's Gundlach's view that the U.S. dollar has "already peaked" when the U.S. Dollar Index hit 103.

"I believe the dollar will take out the lows of the past down cycle. The dollar has been in a series of declining highs for decades — it goes back to the '80s. For that reason, I think when we get to the next break to the lower level, the dollar will go past the most recent low of around 80 and even take out the low of 70. So, I think there's easily 25% downside in the U.S. dollar."

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Kunstler - >>> Throwdowns and Showdowns


https://kunstler.com/clusterfuck-nation/throwdowns-and-showdowns/


Notice, there are two sets of hostages in this phase of what looks like an engineered US collapse: the thousands of stranded Americans who can’t get out of Afghanistan thanks to the history-rockin’ ineptitude of “Joe Biden,” Tony Blinken, and General Mark Milley, and the millions of We-the-People back home whose minds are hostage to the narratives concocted in a shadowland of sinister governance. Welcome to a week of throwdowns and showdowns, a force majeure of mind change.

A strange paralysis in the Pentagon has prevented the use of US power to clear an escape corridor to Kabul’s airport and establish order in the facility — this, after the tactically mystifying decision to abandon the US Bagram military airfield, a good twenty miles outside of festering Kabul, and surrounded by more easily-securable empty desert. Britain and France managed to get their nationals out last week, only to be rebuked by American brass for “making us look bad.” That helped, I’m sure.

And then how long can the stranded Americans even stay hidden and alive? They have to eat. Either they come out of their hidey-holes and get to some market, or they would (theoretically) have to send some Afghani servants to fetch them supplies, But, what Afghani in his right mind would want to be caught in service to the Americans by the Taliban? That quandary must have a pretty short time-horizon on it. Standing by to see how it works out….

Next in this week’s throwdown parade is the FDA’s imminent approval of Pfizer’s Covid-19 vaccine, without any of the usual extensive trials. How does that even happen, with an efficacy rate of 39 percent maximum and a runaway train of vicious side effects ranging from brain and heart damage to infertility? The so-called mRNA “vaccines” are also implicated in the ongoing mutation of the disease, producing a cavalcade of variants. Is that, perhaps, on-purpose, to keep the pandemic going, preventing it from burning-out?

Covid-19 is an expedient device for exercising the most severe control over the daily life of Americans, and it is being used liberally once again in the “blue” cities to make ordinary business as difficult as possible even unto shut-down and ruin. FDA approval will further enable the mandatory “vaccination” of school-children, government workers, and corporate employees. About half the country still refuses to get jabbed. You are about to see them go hard-core when the FDA makes its move.

The shadow cabal behind “Joe Biden” will, accordingly, destroy what is left of public education as millions of parents withdraw their kids from the system. You will then see the rapid assembly of home-schooling networks that aggregate informally into small private academies — and, of course, the biggest losers will be the minorities who lack the cultural mojo to home-school. Well done, “Joe Biden” and the FDA! While you’re at it, why not destroy Higher Ed, too? (That sound you’ll hear is plywood getting nailed up on the windows of countless insolvent small colleges.)

The school revolt will only be one part of a greater uproar against the confabulated hysteria of Covid-19. Throwdown will lead to showdown as the alienation of We-the-People from a tyrannical rogue government bangs the crisis gong. Next up: the release of the Arizona election audit’s preliminary findings. Rumor is that they show the grossest possible, and probably criminal, mismanagement of the balloting, pointing to a conclusion that “Joe Biden” did not win that state’s election. Additional rumor has it that the ballots carried hidden, traceable serial numbers, or something like that, showing conclusively how the paper vote was rigged. Rachel Maddow’s nightmare — “They have the ballots!!!” — comes true… a wake-up for the Woked-up.

As predicted here, John Durham is back in the news. The captive news media — that is, the mainstream orgs owned by the Intel Community — put stories out last week that the RussiaGate special prosecutor has actually made some trips to the grand jury. That implies some kind of criminal prosecution. Their spin was that he had only netted a few small-fry, characters mostly outside government such as Igor Danchenko of the Brookings Institution, said to be the chief source for Christopher Steele’s nefarious “dossier.” Don’t believe it. Durham is going for the sharks and whales: Andrew McCabe, Peter Strzok, John Brennan, Bruce and Nellie Ohr… and, really, how can James Comey be excluded from that gang, since he was running it?

This week marks the beginning of the Deep State’s hard time. Its narratives are shredding. Its mind-control measures are slip-sliding away. Half the country has been onto their game for years, and the other half is about to feel their heads explode as a corrective reality elbows into the scene. That is, the real-and-only reality, not the one confabulated backstage for you by skulking quislings. See how you’ve been played? They have taken your country. Maybe you should start caring about that.

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