Learned to love the game

 

PLASMIC ECHO

The great men and women in the field, those who toil for the benefit of great Americans, have to be ashamed of their leadership.

New lows daily for the Agency.   

My Dad was a LEO.   He wouldn't have believed any of this would be possible.  

Conservative American Here

Since retiring in 2019 and giving up the day-to-day responsibility of managing OPM, (other people's money) I have concentrated solely on growing my own.  When COVID took over, I roared off to my ranch, sat tight, and traded rather aggressively.  Naturally in tax-qualified accounts, one needn't worry about short-term gains.  These are my 2021 IRA closed transactions while COVID was scaring the world.  As you can see, the returns were far more than the stated % return because the account was only a couple of million, not the total dollar amount traded of eight million which is shown.  

2021 Aggressive Account

As time has passed, I have taken more time to consider the state of the American financial system I have altered my approach to my own financial well-being.  Yes, I still sell call options on stocks.   Yes, I still own passive investments. Yes, I still own real estate and have added to it.  Yes, on occasion, when the charts tell me,  I trade rather aggressively.  Yes, I still own far more stocks than bonds.  Yes, I still own large and small companies.   

One thing is for sure boys and girls.  Deficits matter.  Debt matters and interest on debt matters.  We will have a financial crisis on our hands.   Bonds are rich. Stocks are rich.  The FED honcho's have raised rates by 500 basis points.  They are clueless;  that whole bunch should be shown the door which is my definition of transitory.  They can't knock inflation down and have run out of bullets.

I am not a pessimist. 

America is being governed poorly.  We are headed to a financial disaster. 

Be smart about who you vote for this fall.      

  

Truth Bomb after Truth Bomb

Tucker Carlson Drops F-Bomb In Fiery Take on The Joe Rogan Experience

“If I get another f*cking lecture from Joe Scarborough (MSNBC) about ‘defending democracy’... then I’m going to go crazy.”

Tucker says the system is “not even a close approximation of a democracy” because “When they stand up and pass a $60 billion funding bill for Ukraine, when 70% of the population doesn’t want it, when they’re ignoring the actual problems in our country, like the economy and the border, and they’re hauling in Congress over the weekend to pass something that people don’t want while ignoring the things that people do want. And if they do the same kind of thing again and again for, like, 50 years, and they call it a democracy, that will drive you insane because it’s just too dishonest.”

Tucker Carlson urged them to stop lying about our “democracy” because this is how the government really works:

“Why not just say, ‘We don’t give a shit what you want. We are getting something out of this Ukraine funding, whether it’s the thrill of being masters of the universe or whether it’s money from the defense contractors, whatever we’re getting out of it is more important to us than your opinion. This is not self-government. You don’t run this country. We do. Shut up and obey.’ If they at least said that, you’d be like, ‘Okay, I get it. Those are the terms.’ But if I get another f*cking lecture from Joe Scarborough about ‘defending democracy’ when this is not a democracy, it’s not even a close approximation of a democracy, then I’m going to go crazy because I just can’t deal with the lying.”

University of FAFO Advanced Study Course

 

New Lesson Old Message

 

Friday Follies

Going into the weekend, sellers are in charge.  Short sellers emboldened!   

Economic news, political news, most news is pure shit these days.  Half of it unbelievable.  Probably most of it.  

My stock exposure is minimal.  No need to get in the way.  Hero's are in comic books, they don't sit at my trading desk.

Look around, boys and girls!  Gold prices trending, Biden is OTL,  missiles ready to launch, Musk catching hell from Africa's Zimbabwa, (that bastion of intellectual thought), cops (LEO's) getting shot left and right, bird flu, cow flu, 3.2 flu for spring breakers, FISA warrants trendy with the FBI,  covid masks fashionable, covid shots still selling, and lastly, this week I was able to see up close and personal what the business of healthcare is all about.  Ron White has more in him and all he has to do is watch the news!  America, 2024.  Fully engaged in their cell phones and social media nonsense!

My friend from Wisconsin sent me some nice photos that he took while we were bird-watching in Mexico a couple months ago.  For sure the only bright spots on my screen today.

This too shall pass.   Remember the purpose of markets is to separate the weak from the strong.

Enjoy the black-necked stilts and the lone snow goose in Baja!

I reckon the goose take-away is that sometimes you may find yourself out of your element but stay the course if you have what you need!

 

Funny and true.............

FBI

Following Bidens Instructions