All posts by thenewbostonteaparty
TALES FROM THE KRYPT “IS THERE GOLD IN YOUR FUTURE? DID YOU GET WHACKED YESTERDAY?”
The initiated have taken cover during the Inflation Storm that is now brewing by buying GOLD. The uninitiated have succumbed to the Bear Trap that is now staring them in the face.
Yesterday, a Black Friday for sure, saw the DOW crater to the tune of 880 points. This was not a small drop under any circumstances.
The DOW still sits at a lofty 31,000. But we predict more hurt, say another 4500 points at a minimum. And all of this is caused by the INFLATION DISEASE brough to you by Branden. Hard-working Americans, who have seen their wallets pilfered in broad daylight by the Democrats that control the presidency and congress will not be happy when they go to the polls come November. We casually predict that many of these Democrats will get whacked by an unsavory lot of voters.
These Democrat Lunatics are on the media sprouting diarrhea from all orifices of their bodies saying, “that inflation would be twice as high if Trump was in charge.” First of all, those with pea brains don’t understand, that under Trump, there would be no War in Ukraine, oil would be flowing from Canada, and drilling in the Gulf and Alaska would be a go; secondly there would be no supply chain problems. Take that to the bank.
Live Gold Prices _ Gold News And Analysis _ Mining News _ KITCO Live Gold Prices _ Gold News And Analysis _ Mining News _ KITCO
HI YO SILVER – THE FED HAS TESTED POSITIVE FOR INFLATION DISEASE – DID YOU BUY GOLD?
The Fed is Trapped
Previous post below
GOLD – YOUR ONLY SAVIOR – FIAT CURRENCY HAS ITS SWAN SWONG
ONLY GOLD CAN PROTECT YOU NOW – JOE BYEDIN SELLS OUT AMERICA
In case you haven’t been looking, the stock market has has a tough time of late. Even Bitcoin has imploded, latest count $36,000, down from $65,000. In fact over 50% of the stocks traded on Nasdaq are down over 50%. One hell of a bull market.
When they say “break a leg” on Broadway, they mean, “Good Luck” when the curtains rise. Joe Bye-din took the phrase literally, breaking more than a leg. A failure by any measure.
https://youtu.be/3gcQrFsUFzQ
See below for one of our prescient posts published in July 2020.
GOLD IN THAR CAPITOL HILLS
To those deniers in Washington and for the matter the socialist monetary machination printers in Brussels, we warn you of the iceberg made of gold that lays in front of you; INFLATION.! Yes the mighty animal has begun to rear its ugly head after a Rip Van Winkle sabbatical. In case the money printers haven’t noticed, gold is now breaking out of its more than five year hibernation. Silver has penetrated the $20 mark with abandon, gold $1800. The question is what is it trying to tell you? Danger lies ahead, the fog horn has warned you all.
And what has awakened the animal instincts of the precious metals markets? Have they not perceived the risk in front of them? Printing trillions upon trillions of dollars, Euros, Pounds, Rupees, Yuan, reals, dinars, francs, rubles, lira, pesos, and riyals is the fuel that has elevated the precious metals into orbit. We look for all time highs, silver $50 and gold breaching $2500.
INFLATIONARY DAYS ARE HERE AGAIN – WAIT AND SEE HOW BAD IT WILL GET. TRUST IN GOVERNMENT IS IN PERIL. THE SURVIVAL OF THE FITTEST WILL TEST THE INTESTINAL FORTITUDE OF THOSE WHO PREVAIL.
And we add, the true damage has not been done, nor perceived. Commodities, from wheat to copper have seen prices surge to all time highs. In fact many are up over 50% from a year ago. The recent implosion of Bitcoin is a tell tale sign of what is in store for us.
Again we go out on the proverbial limb by forecasting another 15-20% drop in the Dow Industrial Average; Bitcoin to follow. During this implosion look no further to protect your wealth than to the time tested survivor going back millennia, GOLD GOLD GOLD.
$7 a gallon for regular gasoline? At least 1 gas station in LA is getting close to that mark
LOS ANGELES (KABC) — The average price of a gallon of self-serve regular gasoline in Los Angeles County rose to $5.247 on Saturday, but some gas stations in the area have even higher prices.
The Shell gas station located at Olympic Boulevard and Fairfax Avenue in Mid-City was advertising regular unleaded at $6.99 a gallon. The price for premium was listed at $7.29 a gallon.
Time for the Democrats to pay come November. Only a strong Defense can protect America. Libtards are weak, they rather live under the Marxist-Lenin paradigm seen in Cuba, North Korea and Venezuela. 
The price of oil has soared to the highest level since 2008 after the US said it was discussing a potential embargo on Russian oil with its allies.
GETTY IMAGES
Brent crude – the global oil benchmark – spiked above $139 a barrel in Asia trade, before easing to below $130.
Energy markets have been rocked in recent days over supply fears triggered by the Russian invasion of Ukraine.
Consumers are already feeling the impact of higher energy costs as fuel prices and household bills jump.
Asia stocks markets were fell in early trade on Monday, with Japan’s Nikkei index down by more 3% and the Hang Seng in Hong Kong 2.7% lower.
On Sunday, the US Secretary of State Antony Blinken said the Biden administration and its allies are discussing an embargo of Russian oil supplies.
The comments came as pressure grows on the White House and other Western nations to take tougher action against Moscow over its invasion of Ukraine.
A Russian oil embargo would be a major escalation in the response to the invasion of Ukraine and would potentially have a major impact on the global economy.
GUILTY AS CHARGED – SCHUMER AND WATERS GUILTY OF SEDITION FOR THREATENING SCJ & POTUS
Two individuals have, in their own words, let loose the mob that is now engaged in threatening the lives of Supreme Court Justices, in addition to their children. However, as you have seen, the Attorney General has not employed the police, secret service or any other security measures to protect them. Demands have gone out for his Impeachment to no avail.
Schumer threat was a verbal attack on our institutions, one that was visceral in nature, one that was an irresponsible, one that was not fitting a Senate Majority Leader. But no calls for his arrest have been made. It is crystal clear that Schumer is guilty of Sedition.
Then-Senate Minority Leader Chuck Schumer (D-NY), speaking at a rally of pro-choice supporters in March 2020, threatened Supreme Court Justices Brett Kavanaugh and Neil Gorsuch and told them that they will “pay the price.” Chief Justice John Roberts condemned Schumer’s remarks, see his response below the transcript.
Republicans are pointing fingers at Chuck Schumer’s ‘you will pay the price’ comments after the arrest of an armed man near Brett Kavanaugh’s home
bmetzger@insider.com (Bryan Metzger) – Wednesday
- A man who said he wanted to kill Kavanaugh was arrested early Wednesday morning near the Justice’s house.
- Republicans are blaming Schumer for comments he made at a rally outside the Supreme Court over 2 years ago.
- GOP Sen. Roger Marshall said Schumer “called for this violence” and that the “armed lunatic” was “simply following orders.”
Senate Republicans are pointing fingers at Senate Majority Leader Chuck Schumer after an armed man who made threats against Brett Kavanaugh was arrested near the Supreme Court Justice’s home on Wednesday.
“Chuck Schumer called for this violence,” wrote Republican Sen. Roger Marshall of Kansas on Twitter. “The armed lunatic who showed up at Justice Brett Kavanaugh’s home was simply following orders. Justice cannot be served under the threat of mob violence.”
And the imbecile of the higher order, yeah you know who we are talking about here, an incendiary device, called for the murder of Trump. Any other American who said what she said would have been arrested by the Secret Service; there would be no two ways about it.
MAXINE WATERS ISSUED THIS INSANE THREAT TO TAKE OUT TRUMP
Rep. Maxine Waters Under Scrutiny For Urging Supporters To Confront Trump Officials – YouTube
What the Hunter Biden laptop story is really about – YouTube
CIRCUSES
MESSAGE TO POTUS – “HAVE A NICE TRIP, SEE YOU NEXT FALL”
He ain’t no Smoken Joe, we will tell you that. However, it does appear that POTUS is smoking something because he is always on a trip – LSD? The latest flop appeared two days ago. Man, this guy love to bite the dust.
Previous encounters with the tarmac below.
The only thing this guy is beating are his knees.
President Biden once took a swipe at Donald Trump over how his predecessor walked down a ramp at West Point — ironic in light of his own stair stumble on Friday.
“Look at how he steps and look at how I step,” Biden said in September 2020, referring to the former president gingerly walking down what he later called a “slippery” ramp after delivering a commencement speech.
“Watch how I run up ramps and he stumbles down ramps. OK? Come on.”
https://nypost.com/2021/03/19/biden-once-mocked-trump-over-slippery-ramp-descent/
A DRUNKEN LOUT – PELOSI’S HUBBY ARRESTED FOR DWI
Paul Pelosi was picked up for DWI, that is after he cracked up.
Paul Pelosi, the husband of House Speaker Nancy Pelosi, was arrested on suspicion of driving under the influence on May 28 at 11:44 p.m.
“Officer, thanks for the call. I will be coming right down to the station to pick Paul up. Is cash accepted for bail?”
The California Highway Patrol said Pelosi was driving a 2021 Porsche that was hit by a 2014 Jeep as Pelosi’s car tried to cross a state road in Napa County, ABC10 reported. No one was hurt in the accident. Pelosi was booked into jail at 4:13 a.m. the following morning and released on a $5,000 bond a few hours later.
Paul Pelosi DUI arrest: Napa County DA’s office refuses to release body cam footage during investigation
The Napa County District Attorney’s Office decided it will not release any dash or body camera footage from Paul Pelosi’s DUI arrest right now because it could “jeopardize” the ongoing investigation, according to the California Highway Patrol (CHP).
“The Public Records Unit (PRU) has determined the Department possesses records responsive to your request,” CHP told Fox News Digital in a letter in a response to a California Public Records Act request last week.
Paul Pelosi, husband of U.S. House Speaker Nancy Pelosi, arrives for a reception at the White House on May 16, 2022. (Chip Somodevilla/Getty Images)
“However, the Napa County District Attorney’s Office has advised the release of records would jeopardize an ongoing investigation. As such, records are being withheld pursuant to Government Code section 6254 (f).”
IF HE WAS A REPUBLICAN, THE RECORDS WOULD BE RELEASED. THERE ARE TWO SETS OF LAWS IN THIS COUNTRY, ONE FOR THE DEMOCRATS AND THE ACTUAL LAW FOR THE REPUBLICANS
BIDEN’S LIFE IS A BEACH – OUR LIFE IS A BITCH – BIDEN HAS THUMBED HIS NOSE AT AMERICA
Over the weekend Branden took a stroll along the Delaware seashore. We are surprised that a shark didn’t befriend him; after all, aren’t attorneys known as “sharks.” Thought that would be a nice gesture for a cousin to show some brotherly love. Don’t you think?
The real world is beckoning for Branden to do something, anything, but time has took its toll on him. Like free radicals running inside his mind, oxygenating his cerebellum, filling his brain, what is left of it, with plaque. We should not despair though, because this train wreck in the best thing that happened to the Republican party. Come November we will pick up the pieces – do what we have to do to take back our Country from the FREE RADICALS that have insulted it, turning our once beautiful America into a haven for the illegal, the gangbanger, the murder, the drug pusher, all in the name of Guess What, Democracy, Freedom, Liberty.
As you have seen, their values are not our values, their culture is not our culture, their morals are not our morals. Come January 2023 the take back will occur; we will hear scowls, see riots, see cities go up in flames, but all of that will be to no avail as the Police will be energized to enforce the law, not stand down and watch criminals violate it with impunity.
Back to Biden, STUPID JOE DOESN’T KNOW THE STREET. He is on the verge of finding out how America feels about him. Thumbs down from all quarters. $10 a Gallon Joe has two diseases, one untreatable, the other treatable. Socialism, the worst disease known to man and the second disease, Inflation, only treatable by Republicans and they could give a flying “f” to save Joe.
Leftist groups are taking cues from Biden and helping migrant caravans
DEMOCRAT FLOOZIE FROM CONNECTICUT SPEWS DIARRHEA FROM DIRTY MOUT
HI YO SILVER – THE FED HAS TESTED POSITIVE FOR INFLATION DISEASE – DID YOU BUY GOLD?
The Fed is Trapped
https://www.crescat.net/may-research-letter-too-soon/
The Fed’s main policy tool for fighting inflation is to hike interest rates. This reduces the demand side of the economy by tightening credit conditions and causing financial asset prices to decline which crimps investor savings and consumer demand and increases unemployment. But raising interest rates does not stimulate commodity supplies, the core inflationary problem today. In fact, raising interest rates could have the opposite effect because it makes the cost of capital for investment in new commodity production higher.
After years of money printing and interest rate suppression, policy makers have created a historic speculative environment in financial assets. But now, the inflation genie is out of the bottle, and to restore its credibility, the Fed has no choice but to burst the bubble. At the same time, it is powerless to stop commodity inflation. To illustrate just how trapped the Fed is, it has never ended a hiking cycle with the Fed Funds Rate below CPI. But the implied terminal rate in the Fed Funds Futures market is now just 2.9% in early 2023 while CPI is still at 8.3%. If the efficient market hypothesis holds, which it rarely does, CPI must drop precipitously over the next three quarters. Such is highly unlikely based on our commodity supply analysis shown above. There is a much bigger risk based on our work that inflation stays elevated, and the Fed ends up having to hike more and for longer than is currently priced in, as in all past tightening cycles. Alternatively, there is the risk that the stock market correction continues under the existing planned increases and the Fed panics and ends its hiking cycle for the first time with real rates still in negative territory. In all cases, the market seems to be in state of delusion today with the average participant still buying the dip in overvalued tech, crypto, and fixed income assets, hoping for a return to those manias, while underestimating the risk of continued high inflation in valuable, scarce, tangible resources.
Too Soon to Buy the Dip, Unless It’s Commodities
The valuation of the Wilshire 5000 US Total Stock Market Index reached a historic high of 207% of GDP in 2021 in the wake of the Covid-19 stimulus and record corporate earnings. We are now entering what in Crescat’s analysis is an inflationary recession. The index is off 15% from its all-time highs but still trading at 187% of GDP. During comparable stagflations of the early 1970s and 1980s, the associated equity bear markets did not end until the total stock market capitalization traded down to an average of 35% of GDP. Even if nominal GDP were to grow a full 20% over the next two years, not out of reason in today’s historically high inflationary environment, there is the potential for a further 78% decline in stock prices from current levels to settle at the low multiples of the last stagflationary era. While the market could bottom at higher multiples this time around, we must acknowledge the downside risk if we are indeed in just the early stages of new stagflationary regime.
INFLATION BOMB COMING – BIDEN TEAM RUNNING SCARED IN NOVEMBER – HEADING INTO A TRAIN WRECK
DEMOCRATS DIAGNOSED WITH INFLATION DISEASE
President Joe Biden’s administration is considering a drawdown of tariffs on Chinese goods in an effort to combat record-high inflation in the U.S.
Commerce Secretary Gina Raimondo confirmed the potential move on Sunday, saying Biden has personally asked her team to look into the issue. Inflation in the U.S. hit a 40-year high in March and is expected to escalate in the coming months.
List of rail accidents (1900–1909 …
wikiwand.com
Some of the tariffs, imposed by former President Donald Trump, affect household goods that could be purchased more cheaply from China. Raimondo previously praised some of Trump’s tariffs on China as “very effective.”
MEDIA, ECONOMIC EXPERTS REACT TO APRIL INFLATION NUMBERS: ‘NOT A LOT OF COMFORT’
Commerce Secretary Gina Raimondo speaks during a press briefing in the briefing room of the White House in Washington, Thursday, July 22, 2021. (AP Photo/Andrew Harnik) (AP Photo/Andrew Harnik)