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Hello all, the Sunday edition of the free investing newsletter is now posted and this time we're talking about the push back to the NRA that the liberal left has created. Companies are severing ties with the NRA, in hopes of appeasing the snowflakes running around the country doing sit in's. Well, it's the wrong thing for them to do, and we discuss why in this letter.
Then of course we plead guilty to blowing it on Friday, because we thought that like Wednesday and Thursday, if the market gained 300 points it might slide back and give them up. Well, instead they trotted out some Fed heads to tell everyone that the Fed's would be quick to respond to any softness, with....wait for it.... MORE QE.
Yeah, really QE. From the same lunatics that told us they're ready to work off their balance sheets. Give it a read, it's pretty good stuff.
When ever Uncle Sam, or any regulating body wants to "get you" all they have to do is find the Choke points and they can cut you off. With cryptocurrencies, the IRS has realized it can go to the bitcoin exchanges and track who's buying if they've made profits. With guns, there's no central exchanges, so what are the lunatic left proposing? they want Visa and Mastercard to stop letting people buy guns, ammo and accessories with their credit cards.
There it is. The Choke point.