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They needed a big event and they got one. They came up with a really diabolical plan and I have to give them credit for it. Use the brainwashed children to plead to the politicians to ban guns. It's hard for any politician to stand up to school children that are asking them if they'd take "blood money" from the NRA.
Today's general commentary is about the full court press attack on gun owners. This is the biggest and best planned one I've seen in my 40 years of monitoring this stuff. They're going "all in" on this one. If you're a gun owner, you'd best be following along closely here, this is big.
In the market section, we discuss the wicked chop the market's been in, and the 300 and 400 point swings it's doing. Generally chop like that tends to portray a market willing to change direction. Since it's been going up for 9 years, is this signalling a top? We talk about that.
Give it a read, it's good stuff.
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.