The Economy

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Aunburdened
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In reply to PAC-10-BEAR • 5:00p, 1/12/26
PAC-10-BEAR said:
movielover said:
And Trump has flip flopped, saying he wants to increase military spending to $1.5 Trillion per year?! Redirecting new tariff revenues to the MIC?

Just eight or so months ago he spoke of wanting to cut military spending in HALF.


Increased military spending of that amount isn't going to happen until waste, fraud, and abuse is eliminated.

Last thing this country needs is more money spent on the military
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SBGold
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In reply to Aunburdened • 7:25p, 1/12/26
Aunburdened said:
PAC-10-BEAR said:
movielover said:
And Trump has flip flopped, saying he wants to increase military spending to $1.5 Trillion per year?! Redirecting new tariff revenues to the MIC?

Just eight or so months ago he spoke of wanting to cut military spending in HALF.


Increased military spending of that amount isn't going to happen until waste, fraud, and abuse is eliminated.

Last thing this country needs is more money spent on the military

The bloated military complex bleeds our country dry

UNITY OVER DIVISION

VOTE GAVIN

Go Bears Forever
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BearlySane88
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In reply to SBGold • 7:37p, 1/12/26
SBGold said:
Aunburdened said:
PAC-10-BEAR said:
movielover said:
And Trump has flip flopped, saying he wants to increase military spending to $1.5 Trillion per year?! Redirecting new tariff revenues to the MIC?

Just eight or so months ago he spoke of wanting to cut military spending in HALF.


Increased military spending of that amount isn't going to happen until waste, fraud, and abuse is eliminated.

Last thing this country needs is more money spent on the military

The bloated military complex bleeds our country dry

UNITY OVER DIVISION

VOTE GAVIN

Go Bears Forever


You bleed my brain dry.
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cbbass1
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2:12a, 1/13/26
Ran across this YouTube channel -- https://www.youtube.com/@JonConnecting_Currency

Yeah, it's an AI asian guy. But he also uncovers so many "inconvenient truths" that it's hard to ignore. For starters, he explains everything that's happening with the actual price of silver. And I do mean everything.

It's been well known that for decades, financial firms have used futures contracts to keep the price of gold & silver artificially low (while the people who pointed out this fact were dismissed as "conspiracy theorists"). Well, now companies like JPM, Goldman Sachs, Citigroup, and BofA are forced to cover their shorts, incurring hundreds of $billions in losses.

Who stole Venezuela's silver?? What happened to our National Defense Strategic Silver stockpile?

Check out the videos.

Interesting documentation of the USD collapse.
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Cal88
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6:03a, 1/13/26
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DiabloWags
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In reply to cbbass1 • 7:08a, 1/13/26
cbbass1 said:
Ran across this YouTube channel -- https://www.youtube.com/@JonConnecting_Currency

Yeah, it's an AI asian guy. But he also uncovers so many "inconvenient truths" that it's hard to ignore. For starters, he explains everything that's happening with the actual price of silver. And I do mean everything.

It's been well known that for decades, financial firms have used futures contracts to keep the price of gold & silver artificially low (while the people who pointed out this fact were dismissed as "conspiracy theorists"). Well, now companies like JPM, Goldman Sachs, Citigroup, and BofA are forced to cover their shorts, incurring hundreds of $billions in losses.



As a former member of the COMEX I say . . . Cool story.
"Cults don't end well. They really don't."
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Cal88
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In reply to DiabloWags • 7:28a, 1/13/26
DiabloWags said:
cbbass1 said:
Ran across this YouTube channel -- https://www.youtube.com/@JonConnecting_Currency

Yeah, it's an AI asian guy. But he also uncovers so many "inconvenient truths" that it's hard to ignore. For starters, he explains everything that's happening with the actual price of silver. And I do mean everything.

It's been well known that for decades, financial firms have used futures contracts to keep the price of gold & silver artificially low (while the people who pointed out this fact were dismissed as "conspiracy theorists"). Well, now companies like JPM, Goldman Sachs, Citigroup, and BofA are forced to cover their shorts, incurring hundreds of $billions in losses.



As a former member of the COMEX I say . . . Cool story.



Your personal experience is always appreciated, however the global dislocation in the silver market today doesn't seem like the Hunt brothers' market manipulation from several decades ago, there are some deeper currency and industrial policy issues at play now that weren't in place a few decades ago.
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SBGold
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In reply to SBGold • 12:03p, 1/13/26
SBGold said:
Aunburdened said:
PAC-10-BEAR said:
movielover said:
And Trump has flip flopped, saying he wants to increase military spending to $1.5 Trillion per year?! Redirecting new tariff revenues to the MIC?

Just eight or so months ago he spoke of wanting to cut military spending in HALF.


Increased military spending of that amount isn't going to happen until waste, fraud, and abuse is eliminated.

Last thing this country needs is more money spent on the military

The bloated military complex bleeds our country dry

UNITY OVER DIVISION

VOTE GAVIN

Go Bears Forever

One question: Do you own a minivan? LOL

UNITY OVER DIVISION

VOTE KERR

MINIVANS MAKE ME LAUGH

Go Bears Forever
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DiabloWags
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In reply to SBGold • 12:07p, 1/13/26
I believe he does!

He was bragging about how buying it new was worth the $30,000 because of the NEW CAR SMELL.

Can't imagine that there was any real leather in a $30,000 Minivan.

So what does all of that new plastic smell like?

And how long before that new plastic smell was gone?

Just curious.

"Cults don't end well. They really don't."
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Aunburdened
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In reply to SBGold • 12:13p, 1/13/26
SBGold said:
SBGold said:
Aunburdened said:
PAC-10-BEAR said:
movielover said:
And Trump has flip flopped, saying he wants to increase military spending to $1.5 Trillion per year?! Redirecting new tariff revenues to the MIC?

Just eight or so months ago he spoke of wanting to cut military spending in HALF.


Increased military spending of that amount isn't going to happen until waste, fraud, and abuse is eliminated.

Last thing this country needs is more money spent on the military

The bloated military complex bleeds our country dry

UNITY OVER DIVISION

VOTE GAVIN

Go Bears Forever

One question: Do you own a minivan? LOL

UNITY OVER DIVISION

VOTE KERR

MINIVANS MAKE ME LAUGH

Go Bears Forever

You're asking yourself if you own a minivan. Don't you know?
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SBGold
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In reply to Aunburdened • 12:21p, 1/13/26
Don't worry sticking up for BS, we know you own a minivan. That new plastic smell,.

UNITY OVER DIVISION

VOTE GAVIN

BUY A NEW MINIVAN

Go Bears Forever
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BearlySane88
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In reply to SBGold • 12:59p, 1/13/26
SBGold said:
SBGold said:
Aunburdened said:
PAC-10-BEAR said:
movielover said:
And Trump has flip flopped, saying he wants to increase military spending to $1.5 Trillion per year?! Redirecting new tariff revenues to the MIC?

Just eight or so months ago he spoke of wanting to cut military spending in HALF.


Increased military spending of that amount isn't going to happen until waste, fraud, and abuse is eliminated.

Last thing this country needs is more money spent on the military

The bloated military complex bleeds our country dry

UNITY OVER DIVISION

VOTE GAVIN

Go Bears Forever

One question: Do you own a minivan? LOL

UNITY OVER DIVISION

VOTE KERR

MINIVANS MAKE ME LAUGH

Go Bears Forever


Lmao you asked yourself this question.
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BearlySane88
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In reply to SBGold • 1:01p, 1/13/26
SBGold said:
Don't worry sticking up for BS, we know you own a minivan. That new plastic smell,.

UNITY OVER DIVISION

VOTE GAVIN

BUY A NEW MINIVAN

Go Bears Forever


You're so unifying….
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Anarchistbear
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1:27p, 1/13/26
BUY a MINIVAN
VOTE for GAVIN

MINIGAVIN
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bearister
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1:35p, 1/13/26

Data: Bureau of Labor Statistics. (October and November data unavailable due to government shutdown.) Chart: Axios Visuals

"Grocery prices rose at their fastest pace in three years last month, even as overall inflation held steady, Axios' Courtenay Brown reports.

The data highlights the challenge for the White House as the midterms loom: Broad inflation relief is little consolation for Americans if it isn't reflected in their grocery bills.

By the numbers: Grocery prices rose by 0.7% over the month of December the largest gain since 2022.

Costs for dining out rose by a similar amount.

Compared to the prior year, grocery prices were up roughly 2.4%.

But that masks double-digit increases for a slew of household staples over the past 12 months, including coffee (+20%), beef (+16%) and candy (+10%)."
Axios


Cancel my subscription to the Resurrection
Send my credentials to the House of Detention
I got some friends inside

“I love Cal deeply, by the way, what are the directions to The Portal from Sproul Plaza?”
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BearlySane88
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3:26p, 1/13/26
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PAC-10-BEAR
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4:44p, 1/13/26
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7:10p, 1/13/26
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dajo9
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In reply to BearlySane88 • 6:39a, 1/14/26
BearlySane88 said:


Yes, my net worth went up 11% in Q1 - Q3 2025 and much of my wealth is in real estate which has been weak in 2025. Other wealthy people who are just invested in capital markets have probably done much, much better. Under Trump, it is good to be rich.
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dajo9
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In reply to BearlySane88 • 6:42a, 1/14/26
BearlySane88 said:


Not that magats ever care about context getting in the way of their propaganda but average wages jumped in 2020 because low wage jobs disappeared and average wages crashed in 2021 when those jobs came back in President Biden's recovery. The subsequent gains were biggest at the low end. I have posted the study sources before but none of that will stop this site's misinformation bandits.
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BearlySane88
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In reply to dajo9 • 6:47a, 1/14/26
dajo9 said:
BearlySane88 said:


Not that magats ever care about context getting in the way of their propaganda but average wages jumped in 2020 because low wage jobs disappeared and average wages crashed in 2021 when those jobs came back in President Biden's recovery. The subsequent gains were biggest at the low end. I have posted the study sources before but none of that will stop this site's misinformation bandits.


Oh I'm well aware that the initial drop was Covid related but even after, Biden only brought it up to -4% by the end of his term.
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dajo9
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In reply to BearlySane88 • 6:49a, 1/14/26
BearlySane88 said:
dajo9 said:
BearlySane88 said:


Not that magats ever care about context getting in the way of their propaganda but average wages jumped in 2020 because low wage jobs disappeared and average wages crashed in 2021 when those jobs came back in President Biden's recovery. The subsequent gains were biggest at the low end. I have posted the study sources before but none of that will stop this site's misinformation bandits.


Oh I'm well aware that the initial drop was Covid related but even after, Biden only brought it up to -4% by the end of his term.


The entire Biden dataset is because of covid because the 2022-2023 inflation was because of covid too. More importantly, gains under Biden were biggest at the low end.
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oski003
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In reply to dajo9 • 6:53a, 1/14/26
dajo9 said:
BearlySane88 said:


Not that magats ever care about context getting in the way of their propaganda but average wages jumped in 2020 because low wage jobs disappeared and average wages crashed in 2021 when those jobs came back in President Biden's recovery. The subsequent gains were biggest at the low end. I have posted the study sources before but none of that will stop this site's misinformation bandits.


We know that low IQ whiny liberals only care about context when it supports their argument because they consistently post misleading out of context data on growth and job recovery centered around Trump's first term shutdown and the reopening during Biden's term.
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DiabloWags
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In reply to dajo9 • 7:55a, 1/14/26
dajo9 said:

Yes, my net worth went up 11% in Q1 - Q3 2025 and much of my wealth is in real estate which has been weak in 2025. Other wealthy people who are just invested in capital markets have probably done much, much better. Under Trump, it is good to be rich.


Yup, I've done well in the capital markets in 2025.

The metals have skyrocketed given more debt and Trump replacing Powell with one of his stooges.

And 2026 is off to a good start too, but I can imagine at some point there will be a 10% correction coming.

The medical diagnostic names have had a HUGE run!
Big run up into this week's JPM Conference in SF.













"Cults don't end well. They really don't."
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dajo9
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In reply to oski003 • 8:26a, 1/14/26
oski003 said:
dajo9 said:
BearlySane88 said:


Not that magats ever care about context getting in the way of their propaganda but average wages jumped in 2020 because low wage jobs disappeared and average wages crashed in 2021 when those jobs came back in President Biden's recovery. The subsequent gains were biggest at the low end. I have posted the study sources before but none of that will stop this site's misinformation bandits.


We know that low IQ whiny liberals only care about context when it supports their argument because they consistently post misleading out of context data on growth and job recovery centered around Trump's first term shutdown and the reopening during Biden's term.


Too bad you have the reading comprehension of a gnat. Go look at my jobs post again.
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Cal88
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9:55a, 1/14/26
Silver rally far from over, could finish the year in the $150-200 range.



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DiabloWags
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In reply to Cal88 • 10:36a, 1/14/26
Still have yet to short it or the miners yet.

Thank You President Chump!
"Cults don't end well. They really don't."
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Cal88
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In reply to DiabloWags • 10:42a, 1/14/26
Shorting silver seems like a risky move, Wags!
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DiabloWags
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In reply to Cal88 • 10:52a, 1/14/26
Cal88 said:
Shorting silver seems like a risky move, Wags!


Yup.
Especially when Captain Chaos is in the Oval Office.

Picking the TOP can kill you.
Gotta wait for it to peak first and rollover, breakdown, etc.
Could take some time
"Cults don't end well. They really don't."
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Cal88
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10:57a, 1/14/26
I think silver and gold price rises are here to stay, and will go further up. Silver is both an AI/tech industrial input like copper or nickel and a reserve precious metal simultaneously.

In other news, a good perspective on CPIs beyond the official index:


Price Increases over last 5 years...
CPI New Cars: +19.2%
CPI Used Cars: +19.9%
CPI Food at home: +25.5%
Family Health Insurance: +26.5%
CPI Shelter: +28.3%
CPI Food away from home: +30.2%
CPI Gasoline: +36.2%
CPI Electricity: +36.8%
US Home Prices: +42.9%
CPI Transportation: +43.0%
CPI Fuel Oil: +45.8%
CPI Gas Utilities: +46.2%
CPI Auto Insurance: +63.7%
CPI Ground Beef: +69.2%
CPI Dozen Eggs: +83.1%
CPI Coffee: +100%
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cbbass1
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In reply to Cal88 • 5:08p, 1/14/26
Cal88 said:
Shorting silver seems like a risky move, Wags!

Fer sure!

Facts revealed in The Asian Guy's channel:
  • Silver is unique. It's the most electrically conductive and thermally conductive element in the periodic table. As such, it's a critical material for solar panels, all high-performance electronics, "defense" electronics, power generations (data centers!), EVs, batteries, medicine.
  • Industrial demand for silver is expected to grow at least 18% per year over the next few years
  • JPM, Citigroup, GS, & BofA have had emergency BOD meetings where the Board ordered the liquidation of all their silver short positions over the next couple weeks.
  • This means that Billions of ounces of physical silver must be purchased on the open market and delivered to futures contract holders.
  • The predicted average purchase price for these physical ounces -- predicted by the institutions themselves -- ranges from $309/oz (BofA) to $426/oz (JPM -- holder of the largest short position).
  • There is nowhere near enough physical silver in the world to close out these existing short positions.
  • Losses will be in the hundreds of $billions for each of these banks.
  • Pension funds & prudent individuals are now buying what's left of the remaining physical silver due to recent performance.
  • Most silver is mined as a secondary metal to lead or tin. Even if the price goes to $200/oz, the mines won't be able to produce more. As demand for other products decreases, worldwide production of silver is likely to decrease, even at higher prices.
  • China, Switzerland, Mexico, and other nations have placed restrictions on all exports of silver. Resource nationalism is the rule of the day until further notice.
  • The central banks of China, Russia, and the BRICS nations have been buying physical gold & silver for months, and dumping U.S. Treasuries.
  • Gold & silver are now, effectively, the world's reserve currencies.
  • The day before Maduro was kidnapped from Venezuela, several planes arrived & shipped Venezuela's gold & silver reserves to China.
  • Over the last several years, several U.S. insiders, with the assistance of at least one Member of Congress, have smuggled the contents of the U.S. Silver Stockpile to China, labeling it as "mining equipment" in order to bypass export restrictions.
  • When Maduro was kidnapped by U.S. special forces, he guaranteed his survival by naming the U.S. individuals who conspired to steal the U.S. Silver Stockpile.
From elsewhere:
  • This manipulation of the prices of silver & gold was illegal under the Glass-Steagall Act of 1933, which prevented banks from gambling with their depositors' $$. The intent was to prohibit the policies & practices that contributed to the bank failures associated with the Great Depression.
  • The Glass-Steagall Act was repealed by the Gramm-Leach-Bliley Act of 1999, signed by President Bill Clinton in 1999.
  • Here we go again....!
  • It's a good time to look up "Force majeure."
https://www.youtube.com/@JonConnecting_Currency
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PAC-10-BEAR
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In reply to cbbass1 • 5:20p, 1/14/26
cbbass1 said:
The day before Maduro was kidnapped from Venezuela, several planes arrived & shipped Venezuela's gold & silver reserves to China.
  • Over the last several years, several U.S. insiders, with the assistance of at least one Member of Congress, have smuggled the contents of the U.S. Silver Stockpile to China, labeling it as "mining equipment" in order to bypass export restrictions.
  • When Maduro was kidnapped by U.S. special forces, he guaranteed his survival by naming the U.S. individuals who conspired to steal the U.S. Silver Stockpile.

    • The same Asian AI dude popped up in my youtube feed earlier this week.
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    movielover
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    9:21p, 1/14/26
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    1:15a, 1/15/26
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    DiabloWags
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    7:33a, 1/15/26
    Inflation SOARED in The Bay Area to 3%
    December saw the largest increase since June 2024







    https://www.mercurynews.com/2026/01/15/inflations-spike-leaves-lasting-anxieties/?share=oonteosnla5el2wlslh0

    "Cults don't end well. They really don't."
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