Turnaround Tuesday! Panic Cycling

Two hours to the open, the Dow was up more than 200 points.

Not only that, but piddling gains were being seen in Europe, as well.  Despite the news about the Delta variant being very grim, indeed.

Still, we can haul out some “tried and true – sometimes” trading ideas and let them fly.

First off is the Time Estimator.  The idea goes that panics and sell-offs happen two to three times faster than rallies.

Our Aggregate Index closed July 12 (last Monday) at 39,243.10.   At the close yesterday, we were down 5-trading days to 38,060.49.  That’s a 3% decline for equal dollars in the Dow, S&P 500, and the NASDAQ.

Five trading days down MIGHT be setting us up for another climb of the “rock wall of worry.”  This is not recommended investment territory for widows, orphans, and people afraid of heights, though.  BUT, what it sets up is another outpouring of “free money” platitudes and the Fed going “all in” on borrowing and re-borrowing.

There really isn’t much of any other choice.  Deflation isn’t lightly knocking on the door.  It’s sounding like a SWAT team with a battering ram.  The 10-year Treasury note was 1.181 percent when I checked.  Last year at this time, the ten was up around 1.75%.

Sure, sure, the happy-talk is that inflation is the Big Worry.  Long-term data says “Not so quick, Bucko…”

Housing Becomes Key

President Slow has someone coaching him who doesn’t understand dynamics very well.    When I read this Business Insider story reported by MSN “Biden wants to address the housing shortage. He just called a White House meeting with builders and labor unions” I was appalled.

You see how this works?  Start with a questionable premise and then report like it’s an agreed fact.  Around here?  It’s not.

Look:  Everyone who wants a house (and is willing to work) already has a home.  That’s the beauty of free markets.  Everything is always priced to perfection.

Sure, the impact of CV-19 has driven up prices, and that can be interpreted as a shortage.  But greed, maybe?   You can see that much in the CNBC report a couple of months back Why the U.S. is facing a housing shortage.

What no one is mentioning is how extensibility works out.  In other words, we are just on the leading edge of the Delta variant now.  And from what I’m reading, the Lambda variant will be much worse.

I get the “leadership charade” and “do something, even if it’s wrong.

But if Slow Joe and the Kamunist worried about Housing, they’d shut the southern border.  And the might help-along regime change in Cuba.  Because Elaine and I would be very interested in a waterfront home in a 51st state.

Policies – like demand hyping open borders – cause economic displacement.

Economics Head-On

You can’t blame investors and policy-makers for being confused.  If America had a million less illegals, I assure you, business would be more tempered, housing bids less crazy.  And the political correctness industries would slow.

Absent factories – and because we can’t seem to focus on self-sufficiency any longer than an ADHD crack addict – no one seems to recognize the collision of forces.

On the Inflationary side:  The Fed’s serial re-borrowing keeps jamming up the National debt:

When word of the Biden “housing shortage” non-sequitur crossed, Lumber bumped up a bit.  But the contract is up 3% this morning (to $552) which is still less than  a year ago at this time.

If you want to watch flimflam’s, you’ve come to the right country.

Biden’s Credit Grab

The president seems to be taking credit with his “home building” grandstand.  Figures out from Census today reveal the free market was already solving things:

Wanna bet the White House didn’t know this was coming out?

OBiden keeps flooding border states, though, while doing the same-old D.C. socialist-two-step:  Mexico’s coronavirus death toll rises to 236,240 as cases rise. You bet, Joe, keep that border open.  We’ll be watching the Phoenix housing bubble next Tuesday in the Case Shiller report for confirmation.

Pay serious attention to this hypocritical part:  White House won’t commit to reopening northern border, despite announcement from Canada. Yeah – if you’ve got vax’ed, you can’t visit.

Bottom Line:  Mexico is wide-open to border jumpers yet somehow we can’t commit to opening with Canada?  (Our pet theory is there are too many dangerous privileged White people in Canada.)

Distilled Venom

Smile and bile department: 

Toyota lost a customer:  We dropped all interest in pro sports when football went political.  And we’ve done the same thing with Toyota now as Toyota Pulls Its Olympics TV Ads in Japan Over Covid-19 Concerns.  Dear TRO: As old Lexus owners, please stick to making good cars instead of bad politics.  This kind of insanity is contagious!  Thanks.

Another Publication we won’t buy:  Megan Thee Stallion Becomes 1st Female Rapper On Sports Illustrated Cover, Fans Rave.  Huh?  Old school, here. With pro sports now more political than athletic, what’s the point?  And say, how long before Playboy does a trans centerfold?  What?  Already? Back in  2017?   Sooner than later, we figured.  The Bunny and I were kicking this around…Playperson?  Is the Ladies Home Journal now sexist, too?   Oops!  Early victim of gendercide: The last issue was published in 2016.  This whole thing is nuts.  Certifiable.

2 Shades of Justice:  Florida man first to be sentenced on felony connected to Jan. 6 Capitol riot. Obstruction?  In a public place?  WTF?  Gotta ask:  How many sentenced from riots and obstructions when democrats were involved?

Flipping the Race Card again:  Pentagon contractor investigating ‘extremism,’ says BLM web search raises concerns about White supremacy. WTF?  Over?   Key part: is about the “extremism analysis company” (getting tax dollars!!!!) whose “Founder has ties to Obama Foundation and other controversial groups…” says the report.   Notice how disagreeing or doing research is now racism?

Speaking of Historical Revisionism:  Did you see where Rep. Donalds: ‘Outraged but not surprised’ on ‘1619 Project’ founder praising Cuba’s communism?  Good thing president nitwit is inviting UN “racism” Inquisitors to visit.  Can’t have America running her/it’s/his own country, no sir.  $2-ticket says more than half will come from socialist countries…

OK:  Two 9-month cycles then:  Massive Lockdowns And Many Vaccines Later, We Appear To Be Where We Were 18 Months Ago.  Uh-huh.

Around the Ranch

True story:  Elaine was over in the shop earlier this week working at the pottery wheel.  Throwing and sculpting.  Noticed her hair was “frizzier” than  usual.  Humidity. Blonde Brillo pad and a side of Van De Graf generator look.

Then a smile crossed my face:  I’m so politically correct now!  Above reproach!  Looked like I married a Hairy Potter!

(rim shot)

Dow set to pop 160’ish.  CrimeCoins are down to $29,734 with our outlook of $28,000 coming into view.  Still, we’re not in a REAL Depression until pension funds blow up.  Keeping an eye in that direction.  Think the market’s got troubles now?  Wait for the real shit storm to show up.  Foreplay.  Just foreplay.

Write when you get rich,

George@Ure.net

38 thoughts on “Turnaround Tuesday! Panic Cycling”

  1. Dow 199 at 9:10 EST. Seems like the futures boosted by AI is getting ready to take a plunge as the human investors wake up.

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  2. Southern border – Monkey Werx is no longer some conspiracy theorist on YT. He’s a conspiracy FACT reporter. Illegals are being flown out of Laughlin AFB at Rep. Tony Gonzalez’ request to other parts of the country and the DIMs aren’t denying the purpose for it at all as seen in Tucker’s report – https://www.youtube.com/watch?v=BQBBY_lejpg. All the Silence Donothings out there are going to reap the whirlwind when (and if) we get to the mid-term elections next year.

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  3. Sure sign that thr housing market is overheating – the large number of cash buyers. Shows that the speculators have entered the “bigger fool” game. All good fun until the music stops. Look out below!
    Of course there’s a housing shortage – like there is of everything. That’s how supply/demand works.
    73’s.

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  4. Below is a short outtake from a PhD in Immunology and Virology confirming that COVID 19 is not real. The URL it was taken from, along with other professors and PhD stating that COVID 19 is not real, is posted at the end of his write-up

    I have been posting on here for over a year that all the Covid deaths were a fraud, and that many of the deaths were from co-morbidity. Mathematics proven death rates falling for many diagnoses and rising for Covid 19. Also, the hospitals make more money from using an ICD-10 diagnosis code of Covid 19 and for putting people on ventilators.

    My Pulmonologist warned me in 2020 about a really bad flu strain and pneumonia strain coming north. He stated that the reason they create vaccines is because they can isolate the flu that starts first in South America during their winter. I took the flu shot and pneumonia booster for the 1st time in 20 years, but ended up in the hospital for 26 days last July 2020 with “Covid 19”. I wouldn’t let them use a ventilator. I had to argue with them and sign waivers. They wouldn’t use hydroxycloroquine as I requested and has now been certified by the Journal of the AMA in the January issue as an effective treatment (Trump was right again), nor would they use clarithromycine as prescribed in a protocol by Dr. Flavia Grosan, a pneumologist in Romania, that cured over 1000 patients and saved many others by not using the prescibed Covid protocol. The globalists tried to silence her and take her license.

    https://tapnewswire.com/2021/03/romanian-lung-doctor-formulates-covid-protocol-that-cures-100-of-patients/

    My pulmonologist, who many other doctors went to, quit practicing and moved because he said everything was a lie and he couldn’t be a part of it any longer.

    People are dropping dead and having horrible reactions from the vaccines. They are saying it is The Delta and Lambda variants of COVID. Or is it really from an injection of an unproven vaccine that never went through standard trial protocols? Texas AWOL democrats were all vaccinated, but they now have “Covid”. Caveat Emptor.
    _____________________________________________________________________
    COVID-19 DOESN’T EXIST! – DR. DERICK KNAUSS
    I have a PhD in virology and immunology. I’m a clinical lab scientist and have tested 1500 “supposed” positive Covid 19 samples collected here in S. California. When my lab team and I did the testing through Koch’s postulates and observation under a SEM (scanning electron microscope), we found NO Covid in any of the 1500 samples.

    What we found was that all of the 1500 samples were mostly Influenza A and some were influenza B, but not a single case of Covid, and we did not use the B.S. PCR test.

    We then sent the remainder of the samples to Stanford, Cornell, and a few of the University of California labs and they found the same results as we did, NO COVID. They found influenza A and B. All of us then spoke to the CDC and asked for viable samples of COVID, which CDC said they could not provide as they did not have any samples. We have now come to the firm conclusion through all our research and lab work, that the COVID 19 was imaginary and fictitious.

    The flu was called Covid and most of the 225,000 dead were dead through co-morbidities such as heart disease, cancer, diabetes, emphysema etc. and they then got the flu which further weakened their immune system and they died.

    I have yet to find a single viable sample of Covid 19 to work with. We at the 7 universities that did the lab tests on these 1500 samples are now suing the CDC for Covid 19 fraud. the CDC has yet to send us a single viable, isolated and purifed sample of Covid 19. If they can’t or won’t send us a viable sample, I say there is no Covid 19, it is fictitious.

    The four research papers that do describe the genomic extracts of the Covid 19 virus never were successful in isolating and purifying the samples. All the four papers written on Covid 19 only describe small bits of RNA which were only 37 to 40 base pairs long which is NOT A VIRUS. A viral genome is typically 30,000 to 40,000 base pairs.

    With as bad as Covid is supposed to be all over the place, how come no one in any lab world wide has ever isolated and purified this virus in its entirety? That’s because they’ve never really found the virus, all they’ve ever found was small pieces of RNA which were never identified as the virus anyway.

    So what we’re dealing with is just another flu strain like every year, COVID 19 does not exist and is fictitious. I believe China and the globalists orchestrated this COVID hoax (the flu disguised as a novel virus) to bring in global tyranny and a worldwide police totalitarian surveillance state, and this plot included massive election fraud to overthrow Trump.

    https://web.archive.org/web/20210213014002/https://www.globalresearch.ca/clinical-lab-scientist-covid-19-fake-wake-up-america/5737013

    Covid-19 Doesn’t Exist! – Dr. Derick Knauss
    (Short 3 min Video of PROOF)

    https://www.bitchute.com/video/8NnxnVHnucIE/

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    • This is probably why so many weird things from Melatonin to Ivermectin seem to take it out or mitigate it enough to overcome it. Nothing makes sense with this whatever it is.

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      • If it’s really Flu A or B, one positive from this tragedy is we may have accidentally learned to use HCQ or Invermectin in fighting the “flu”.

      • I’ll sure try it the next time I get the flu, which is about every other year. I don’t take flu shots either.

    • I agree with you on this, WTHS. From the very beginning, this whole thing hasn’t passed the smell test. Any deadly virus worth its salt wouldn’t need a 24 hour news cycle of paid representatives preaching doom and gloom, social media censors and door to door vaccine sales reps. The mass graves in AnyTown, USA would be all you needed to know.

      Imagine wielding a power so great that you can convince the entire world that something imaginary exists in objective reality…and using that power for evil. It’s sad times, friends and neighbors. Sad times, indeed.

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      • Megaton marketing efforts like we’ve never seen. The question really is why, because it’s not “Covid 19”.
        Some people are seriously frightened and I feel sorry for them.

    • Derick Knauss seems to be invisible. The Associated Press can’t find him. Other experts say his findings are impossible.

      Study did not find 1,500 positive COVID tests were …
      Search domain apnews.comhttps://apnews.com/article/fact-checking-154815506152
      The website ties the false information about the tests to Dr. Derick Knauss or Derek Knauss who was identified by the site as being affiliated with a California laboratory. But the AP could find no record of someone with that name and expertise at an academic institution or laboratory in that state.

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    • No evidence will ever convince a covid non-believer. That said, has anyone check just how efficiently the government tends to do things before claiming covid is a conspiracy? Trump and Boris Johnson both generally downplayed the virus until each of them came down with it. Elite national rulers don’t get afflicted by conspiracies – they do that to others. More personal, my next door neighbor and his wife both came down with what was diagnosed as covid last summer. Each is in their early 60s. The wife lost her sense of smell and taste after developing aches, pains and cold symptoms. They both were tested and classified covid positive. Taste is slowly returning for the wife, but smell is still largely absent. Her husband, a former airline pilot, suffered what was diagnosed as a sleep-to-waking epileptic fit during covid recovery, his first ever, leaving him unable to drive or fly a private plane for 6 months until the episode could be shown to be a one off side effect, likely of covid. Both have since vaccinated without incident (Pfizer). So I’m not convinced of the great covid conspiracy. Might it be exaggerated. Hell yeah. But honestly, the government can’t even get military deployments, war-fighting, taxes, social security, medicare and medicaid right. How did they ever manage such a well orchestrated ‘deep state’ hoax covid sales job across bi-partisan U.S. states, all branches of the military, nation-wide liberal universities (notoriously anti-gov), socialists, dems, many in the GOP and one heck of a lot of prominent scientists and research organizations? That said, the pandemic social distancing can conceivably be used as a model for some future despot to find a way to control the masses. Measures definitely need should be taken to ensure never happens.

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      • I neither believe nor disbelieve. I do know that we’re being lied to, and I’ve not yet figured out what’s true and/or a lie. I have a background(dated) in hematology and immunology, and some things make sense and others don’t. I tend to take a cautious but not panicky approach. I do believe that there’s far too much focus on vaccines while trivializing or hiding preventions and cures. In a sane world, there’d be a lot more scientific info available through normal media and a more balanced approach to dealing with this pathogen. There’s a lot of evidence that the spike protein itself is pathogenic and so flooding people with it is at best a bad idea. When dealing with unknown situations, a diversity of approaches is best, since some will work out better than others. Then we can converge on that which works best. The current monotonous noise about “get stabbed” is moronic. If getting stabbed/jabbed is without adverse effects and is that effective, there would be little need to push things so hard.

        Our government has done little to win the trust of individuals. A greater level of openness and obedience to its own laws would really go far to improve this. Force and threat of force only gets you so far, and compliance is grudging at best.

    • “I believe China and the globalists orchestrated this”

      I actually don’t think China had anything to do with it WTHS… It’s just to convenient that this happened tight next to the lab.. around the time that there were military training exercises dealing with a biological event..
      My thought is someone is trying to implicate China..Or.. it got out accidentally on someone’s shirt sleeve or shoe..

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  5. “This whole thing is nuts. Certifiable.”

    Most were the results of our choices!! ;-(
    Couldn’t refrain from mentioning this fact.

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      • The mass delusion is yet to come.

        Notice right now the vaxx’ed are still saying things like, “We don’t think the unvaxx’ed should be forced… vaxx’es are a choice”

        We have to get to the point where everyday schmoes hate the unvaxx’ed enough to force them, or worse.

        We’ve already seen the police in Portland and other places stand down in front of their taxpayers.

        The rhyme is German folks who went to bed November 8, 1938 thinking,”the police will protect our shops. We are taxpayers.”

        One faction needs a scapegoat. The other needs a martyr.

      • “When we plant idiots”

        Lol agreed our politicians act like their a bunch of turnips..unfortunately we chose them lol lol the best we have to offer..

  6. From Dr. David E Martin’s presentation “Wuhan Institute Gain-of-Function contractor, Peter Daszak in 2015: “We need to increase public understanding of the need for medical countermeasures, such as a pan-coronavirus vaccine. A key driver is the media and the economics will follow that hype. We need to use that hype to our advantage to get to the real issues. Investors will respond if they see profit at the end of the process.”

    This website is under constant dos attack. Not easy to get through. Maybe Martin is a globalist, whatever the case, he has spilled the beans on the great evil that has fallen upon us. You can look up the patent numbers yourself. Martin gets down to the amino acid sequence to show how this was originally invented, the first patents in 2002- 2003 and a total of 73 (if I recall correctly) patents through today. As G has always said “Everything is a business model”. What’s happening now is no different.

    https://forbiddenknowledgetv.net/there-is-no-variant-not-novel-no-pandemic-dr-david-martin-with-reiner-fuellmich/

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    • All very true Lou~Great post and link. We have to keep beating the drum of truth to offset the lies out of D.C. Same thing is happening with Climate Change….lies and more lies. And the markets…..Fed and their fat cat pawns and banks sell short, crash the market like yesterday, cover the short, and start it all over again. Same thing they do with gold and silver. It is all a con.

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      • If I recall correctly, one of the posters here said “It’s a lot harder to convince someone that they’ve been fooled than to fool them in the first place”. It might have been you, West Texas.

    • Excellent link. I’d already watched it and appreciate you sharing the info. I always download videos if they’re worthwhile keeping for review, though this site is more difficult than most to retrieve a clean copy from. The net as we know it is temporary, so enjoy and learn from it while you can. Censorship today is so rampant on video sites that keeping a copy for information is simply self-protection.

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  7. The national media is still missing this aspect of the big story:COVID will be on the ballot in November.Yesterday,the Governor of New Jersey,the Commonwealth Carpetbagger,Phil Murphy,threatened to bring back the masks should conditions worsen.The GOP candidate,Jersey Jack Ciattarelli,has a real opening here.This is THE RACE this fall.

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    • I’ll try to influence my lefty friend, though she always votes for her team. If I lived there, I’d vote for anyone but the current party! We have a similar problem with the local governess, though she’s been relatively quiet recently. We still have a while to wait until her term expires.

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      • I didn’t realize there were cougars in Santa Fe…

        Rumor has it, what Creepy Joe likes to do with little girls’ heads, Grabby Grisham likes to do to mens’ little heads.

        I’d guess she’s laying low in the hope the scandalous gossip by the NMRP blows over, or Hallinan and Dehart suddenly die…

  8. “Despite the news about the Delta variant being very grim, indeed.”
    What happened with that statistic out of Great Britain (a few weeks back) that showed a very very low fatality rate?

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    • It’s a big lie – all of it. But, you get to take the blue pill, wake up, and believe anything you want to believe, said Morpheous!

      Or Atlas Shrugged – you are a heroic Galt figure or just one of the sheep waiting for the Delta or Lamda or Zulu version of the virus to arrive. Cliff High made a quote on Greg Hunter the other day – and this is so true – ‘I can’t do stupid anymore.’

      No turning back now for most of the lemmings – the cliff is straight ahead. If you swallowed the covid narrative or taken the vaxx, you have already made your choice to jump.

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    • Thanks for the link Mike. Couldn’t agree more. Fear is used to herd the masses, coupled with continuing lies out of the “news”, social media cancelling anything that doesn’t fit the global narrative, and fact checkers that lie to the public to fulfill the globalists narratives.

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    • Good post. While Covid is serious, the political response has had little to do with the health of the general public.
      “The threat is usually more terrifying than the thing itself.” – Saul A.

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  9. BTFD Campers !

    Buy the blessed Dip – averaging down as U go. .BTC’s , SPY, Silver -phyz, Lumber Futures, Corn & Bean Complex.. money is virtually FREEeeeeeeee !

    Banks cant give the green stuff away – so they must park all their excess reserves in the Repo mkt window, to the tune of Trillions with a tttT.

    To Repeat and Instill in Ure brain – BUYBUYBUYBUYBUYBUYBUY THE DIP.

    Printing presses cant Ever stop, EVER. Stock Market cant ever crash again – its been “Steve Austined”…. “dammit janet”

    “Ok victor ..got a blowout..cant hold it..shes breaking up”..

    We have the technology..we can make him better…Better, Stronger, Faster..
    The Six Trillion Dollar Man.

    Whoooo baby feel like that crazy ass – cowboy hat wearing Major T.J King “kong” riding a Nuke, bareback across the Ruskie frontier – Yihaaa….Buybuybuybuy!

    Dont forget Ure Tight Stops and hedges- must Hedge Ure bets, in these the Inverted, Upside Down Times we live in..a bridge over troubled waters – would be most welcome, this time around – feels like its ALL just slip sliding away..https://youtu.be/f88rdBAJSVY

    * remember G- Pas de Bitcoin por vous, even at $28,000 frn’s

    Reply
    • Comrades,

      A few days past the BBC carried a story from the CCAF, Cambridge Centre for Alternative Finance, explaining that China’s share of global bitcoin production has been in freefall since the latter part of 2019. Many miners have apparently crossed the border into the fossil fuel rich Republic of Kazakhstan. Greta must be weeping.

      Of particular interest to fooles is that the CCAF research is underwritten by the philanthropy of the UK Rothschild arm, referred to as advisor to Her Majesty when comedy permits. Of course, even before marriage the now Lady de Rothschild appeared to be a vendor of spectacularly priced real estate to the author of the Black Book who gained infamy once late of Little St. James Island. Helpfulness to the First Lady apparently earned she and Sir Evelyne the first night of their honeymoon in the Lincoln bedroom at the Clinton WH.

      Bitcoin, we hardly knew ye.

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  10. Lol lol

    Well.. the national Enquirer has the cover story about the good son HB and his new sex scandal using dear ole dads cc..
    Lol now will there be an arkincide to the journalist reporter..
    I am curious just how many agents it takes to cover all the scandals up..

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  11. RE: Housing Bubble. Niece bought a house out in the jungle boonies a few years back for $87k. Too far out of town for her job, she decided to sell now. She was thinking of asking $160k. Realtor said that was too low, so they listed it at $220k. On the market for two hours and she got five offers, and accepted one for $235k. This is out in the boondocks of the jungle with catchment water system.

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  12. I have a stupid question…

    Would a massive emp blast be similar to a big microwave directional blast.???

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  13. Do these new gold sheep think they can stop the USD or the market crash? Old salty moriarty has sure spun them some big woppers

    Reply

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