NYC Journal

[Calzone]

Boy, that was a rant… LOL.

Anyways, I had to post something…

Cal

 

[Calzone]

T.A.C.O. Is at play here as Cook at the FED is under threat of being fired. There are legalities that need to see if a sitting president is overstepping their power here. The FED is suppose to be independent, but that is at risk and is being threatened.

If the FED looses independence you can expect that investors will perceive a lot more risk, and this would devalue not only the U.S. Dollar, but any dollar asset. Pretty much the hit to the dollar would also take down the U.S. Stock Market and the U.S. Bond Market.

Pretty easy to see (transparent) how this loss of credibility would effect profoundly anything priced in dollars. Anyways, I think this could be the big event that takes down a house of cards.

Pretty much “Trumped” up charges to have a reason to fire at this point that lack credibility.

Wall Street is in the mindset that this is a TA-CO trade and is ignoring the risks I mentioned above if the FED looses credibility, and anything valued in Dollars suddenly hits a steep drop.

“Inflation is the future,” I say.

Will the IMF bail out the U.S. like some third world country? Perhaps not. Self inflicted wound.

Do you believe our economy can implode? I do…

Cal

 

[Calzone]

BTW the pretense here is lower interest rates, but what if the unintended consequence here of just the opposite: higher interest rates to account for higher risk.

Someone I will not mentioned says that going bankrupt was a good move and was smart. This person bankrupted a casino in Atlantic City. This person is also known to not pay his bills and to not pay his contractors.

See what happens if the FED looses independence?

Could be a breaking point.

It’s 11:30 AM and finally my bladder is somewhat normalized. Any accumulation of urine leads to an over response to feeling like I have a full bladder. There has been nearly two months of conditioning here, and somehow like AI my brain is jumping the shark. Therefore frequent urination whether I truly need to go or not.

I guess I am compelled today to mention the big gamble here to the economy just to add some stimulus to further an inflationary policy. The FED independence here is the risk and tipping point here that could trigger a rude awakening.

Wall Street is acting or ignoring this presidential maneuver as if just another TA-CO trade. A legal battle lays ahead, or at least evidence that is proof of mal-doing. Accusations are not enough.

In less words, Wall Street is thinking all this is BS that can be ignored.

Also looks like the BS supports a rate cut or rate cuts. Wall Street likes that…

Cal

 

[Calzone]

My junior gold miner that also has silver and copper as by-products is making new higher highs this week.

Go-baby-go.

Kaa-Ching…

Love it, as Rome burns…

Cal

 

[Calzone]

I just placed a rather large Callaham guitar parts order. Pretty much boutique parts that are high end.

The thing is that prices on Fender brand guitars are with bloated pricing. At this point they sell lower levels of quality to make availability and price point.

Earlier in the past few years I have built/assembled many guitars using boutique parts that I would argue are kinda personal custom guitars that exceed Fender quality. Remember I worked in a guitar shop and also built guitars. I know how to make a guitar play like a Fender Custom Shop model.

We are at a point now where prices on everything is expensive. Even a set of guitar strings are $10.00.

Anyways, riffing off what I wrote above I’m glad I spent the money because now things are getting mighty costly.

Today after the “bell” Novidia will report it’s earnings. Looks like the markets believe that AI is doing well. Let’s see…

If earnings disappoint, “Look out below…”

So imagine American cars getting exported due to a “Cheap” dollar. Do you think an American car as a status symbol or a good value like other cars? Can you see Italians buying a Ford F-150 or a full sized SUV? How cheap does an American car have to get to overcome “ill-will?”

I think China would rather buy soy beans from Brazil rather than the U.S. I think the American farmer will take a big hit and get thrown under the bus.

What do we sell that is really-really the best? Weapons, but Canada just canceled a F-35 fighter jet order. Switzerland might also follow suit. Europe and NATO are coming up with a plan “B” because the U.S. is no longer a reliable ally.

Sad to say “Make America Great Again” means America Alone.

I guess I’m compelled to express the path we are on and all the self inflicted wounds.

Cal