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Quoting the BBC, not @spygirl: 35 + 34 = 69. 68 - 34 = 34. 68 - 35 = 33. Don't know if it's the "journalist" or the sad face nurse, but mathematics isn't someone's strong point here.

Canadian markets closed today - so no action in those small miners.

I think i heard something similar once, something about only following orders!

We need to sanction this "Asia" immediately

Exactly, violence will escalate very quickly. The media shows dancing police officers and pubic displays of pandering to the wokerati, truth is they’re just a reflection of government policies. Lots happens behind closed doors, with the public blissfully unaware to keep the wheels turning. People will certainly notice the difference very quickly when that breaks down. Im sure in some counties people would be shocked to know just how few officers cover a whole borough overnight and how little custody capacity there is. It’s called the ‘Thin blue line’ for a reason.

That's a really good point, it's easy to assume (for me) that the fight is urgent and furious but doesn't have to be the case

On the PMs price action in Asia,what it really shows is they have spare savings to buy real assets.Just like we predicted on this thread would happen.We waited a long time,but the likes of SEDY and Henderson Asian income have been going up very nicely indeed and with divs everyone on the thread who owns them should be up now,some well up. They are selling goods to the west,getting the dollars and exchanging the dollars for PMs.I suspect they will next exchange the dollars for other EM currency and start buying EM stocks,bonds,commods,land etc.At some point this pass the parcel of dollars will end.That will likely be the big crash.At that point most world wealth will be in assets with base currency not the dollar.The key point is at what point could EMs not use the dollar.Likely a decade or so i would say.China will want most of its savings in assets that can be priced in other currencies or goods if needed by then.I suspect im right that we might see a huge EM bull market here and western economists wont understand why.

“When you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal not in goods, but in favors; when you see that men get rich more easily by graft than by work, and your laws no longer protect you against them, but protect them against you. . . you may know that your society is doomed.” “Atlas Shrugged” – Ayn Rand

I think i mentioned back in the thread i think they will move to Average inflation targets ie we expect inflation to undershoot so are aiming for an average of 2% over the cycle rather than 2% all the time.Of course it just means massive financial repression.Most UK saving are in cash,gilts and houses,the worst allocation you could have.

The police were a huge part of the collapse.I can remember the miners fighting to try to stop the bennie train ie keep their jobs and communities,the police were waving wads of overtime cash in their faces during the strike,men just trying to earn a wage.I agree the new ones now are suffering,but its because the budget is going to the retired ones who waved those wads of cash.Like in factories where unions signed off temps getting less money as long as their members did not lose anything. Bennies were still a big problem under Thatcher,but the difference was ordinary jobs still paid a good difference,plus you could buy a house and pay it off in 20 to 25 years then be much better off than bennies. @sancho panza young workmate is now pretty much a slave to the retired public sector and bennies,providing them services for nothing.I dont think politics can solve it,likely will need violence.

Climate change. Everything is a weapon for them.

Funny enough iv done a lot of work on where living standards are going under present policy because its an area im very very interested in,and if i say it myself im an expert in from the macro.Of course its an area where huge policy errors are at play and things can reverse on policy reverse,with a lag.However i have seen zero policy changes. So,my numbers say the economy can only produce around 73% of the needs placed on it,the demand from consumption.So consumption needs to fall 27% or production increase 27%.In reality it would be a mix of both.However given we are seeing no investment in energy,food,base mining,base production we will see the full decline.However this decline will mostly work through as inflation as the market forces people to choose where scarce energy and resources are consumed.However with inflation linking bennies,retired public sector,and importing millions of 3rd word scum who add nothing the productive (or un-productive not on the state tit or only partial) must lose over 50% of spending power,while those state protected lose nothing. I cannot see how that can work before massive numbers of people opt out of working (we are now seeing that). We need huge bennies frozen and then cut,same public sector pensions,zero migration apart from high pay work visas never a right to remain.3rd worlders sent back over time etc (or zero bennies would do the trick). What i see though is government instead of taking more income they take capital instead.If the government want to finish Labour before they get in they should increase the IHT level to £1mill a person and index link etc.

Shanghai 20 May 2024 AM USD 35.46 PM USD 35.15

Looking forward to the UK CPI print on Wednesday. Bailey has bet the house and his reputation on it hitting approx. 2.0%( the Market thinks 2.1%). Courtesy of 1.2% dropping out from April 23 and the fuel price cap coming in in April 24. I say betting his reputation with the caveat that it is already in tatters after he has printed nearly 25% of inflation in short order, missing target by a country mile. 2.0% may be enough to see a June rate cut, in spite of the 6% wage data and even though it will will rise back towards 3% thereafter. A Martian would think where the heck is a central 2% target therefore. If the target had any integrity you should undershoot as often as overshoot. But as we know the 2% target is sn aspiration and Halligan, Brummer Boy and all the moaning masses must be appeased.

Yup that’s the confirmation. Asia are indeed turning the screw on the west. Overnight was a key indicator that silver may level out (or correct possibly back to $30). But nope, China and India are flicking the ballsack of the western banks. Good on em I say. https://www.telegraph.co.uk/business/2024/05/12/china-fortifying-economy-war-with-west/ $35 price action as I suspected earlier.

The current Western Silver price is $32.31 and the Shanghai am fix was $35.46. The Chinese are turning the screw on the Western PM markets.

For most people there is a time and place where it makes sense. I rented for many years because I had no intention of staying in any of those places long term. If you have always lived in the same place and intend to stay there then yes buying is the obvious course of action.

She had a choice to keep paying off some other fucker's mortgage. I don't blame her for buying the flat as the alternative is a lifetime of insecure housing. Not a popular view with some on here but renting is a mug's game in this country.

one of the small ones I am holding just went up 25% in.... one day. That's mental. It's a hole in the ground with a liar on top though...

I don't watch this Hunter bloke's stuff so I don't actually know what he's predicting. However, state collapse has been baked in since 2008, its just a question of when. That's really a question of when they will no longer be able to keep getting stuff in return for debt and that's really a question about the stability of US hegemony. It's become pretty clear in years past that the US is no longer the world hegemon and that we're simply waiting for the next title bout to confirm it, just as the UK was clearly no longer the hegemon in 1939 and its currency ceased to be the global reserve once the rankings came in. Frankly, I reckon that China has decided to carry the US for a few rounds while it gets its own shit together but the US's foes are now openly defying it and it surely can't slink from many more fights before its friends desert it too.

This was the question I actually had in mind when I started that self-sufficiency thread - Should one start cashing in one's assets that are in the form of other people's promises and, instead, start investing in fixed assets that will directly produce the things one needs on an everyday basis? However, I didn't express it very well so it just ended up with people, quite rightly, pointing out that actual self-sufficiency is impossible, at least in the UK. When thinking about how a collapse is likely to play out I always refer back to the fall of the USSR, our own experiences with fuel shortages and the start of 'Covid'. There'll probably be shortages of everything but I think the first necessities to become flaky, whether due to genuine supply chain collapse or panic buying, will be: Toilet paper (because that's the first thing people hoard for some reason) Petrol (because that's the second thing people hoard - as a basic precaution, I haven't let the car's tank go below three-quarters full since the Gaza thing started up) Meat (which, having a short shelf-life but complex supply chain, was one of the first things to be disrupted by 'Covid') Basic pharmaceuticals/vitamin tablets (which practically all come from China) Spare parts (ditto) Clothes Electricity, Gas, Running water and Telecommunications So I guess the first investments one should make are: solar panels, a lathe, a sewing machine, a chicken coup, a bicycle and a bidet.

aussie pms getting bid heavily,either playing catch up or seeting new trned @wherebee worth noting Silver $32 handle and gold at $2437

you cant go wprng with bricks n a prefab https://www.telegraph.co.uk/news/2024/05/19/newhaven-cliffs-face-crumbling-jurassic-coast-east-sussex/ Rocks fall as cliff face crumbles near mobile home park

she did have a choice. not a ncie one,but she did have a choice. Shes bought a 2 bed lfat on a 35 year mortgage in gloucester for £147k. gun wasnt held to her head. She gets ill and can't work 40 hour weeks at 55 and shes got a big problem pontentially

@ThoughtCriminal has already said as much about the prison service as well. young starting coppers on £28k(it was less I believe) but in all honesty it's not a job Id do for that moeny.only got to go wrong once. I see young female coppers hthrough work adn I wouldnt fancy their chances much if they had to scrap one on one with soem of the scumbags that are outthere. big thing going on with ambo is that the reserves of expernerince are getting thinner and thinner.loads leaving,using your aldi line of reasoning.with each stressfulsituation,you fall back on the experince of the crews involved(ike the police) and increasingly,there;s less there.as theres less there,.....thre's less there....... seeing it in the armed forces as well.