The concern that I have stems from the fact that, like food studies show, GMO isn't exactly the healthiest. Cannabis products, instead of alleviating cancers could suddenly become the root cause.
There are rumors floating about Monsanto making a move on the hemp industry with their GMO tainted products. Some say they have seeds all ready to go and are awaiting the right time to surge into the field. (No pun intended.)
If true, and from what I've read I wouldn't at all be surprised, what impact would this have on the commercial end of the industry? I'm thinking that unless the growers boycott the products and do that vocally and vociferously, the market may experience a new "black" resurgence that could damage us all, literally and figuratively.
Economists Expect Some Payroll Growth In Friday Jobs Report
How do you think that will be portrayed? I expect it will simply be a sorely needed propaganda ploy which will be corrected downward just like GDP.
MJNA, yes. The rest not so much. Thinking in terms of potential product consumption trajectory, MJNA is so far out front that it becomes the distinctly obvious choice in the sector.
I would imagine that the likely buyers are the same entities as the seller for the most part. The same non-silver may trade hands any number of times over the course of a single day. It all depends on how bad they need to hammer it—same thing with gold.
Certainly there are pockets where economic activity is robust. I've heard the same about the Austin, Texas area. The overall picture is much more bleak and the pockets aren't enough to carry the whole country. Georgia has been especially hammered this time round and we still await an improvement in the life signs. Housing and manufacturing are on the ropes. Crime is beginning to rise and the panhandlers are getting seriously aggressive.
Alcohol doesn't cause behavior, but it does reveal personality flaws while at the same time lowering the inhibitions to engage in all sorts of different and sometime aberrant behaviors.
Kitco has an article that discusses the growing appetite for gold and silver by the Japanese as their government has embarked on a plan to debase the Yen. Although a fledgling thing, there are significant signs of a trend. Any evidence that the fiat, and fiat anywhere, is being recognized as a risky scheme raises my hopes that the entire monetary casino will soon close.
It's the vanguard of the flight to value; it actually can be nothing else. And if the Chinese do as some are whispering, back the renminbi with gold to some extent, and value based money or rather the return to it seems to be part of the strategy of the Shanghai Cooperation Organization, we may be witnessing the life being sucked out of the debt based monstrosity that has been used to financially enslave the world. These are certainly heady times.
Don't let anyone drop a banker on your head.
What do you think is behind this recent rash of morality amongst this particular population segment? The tally is now 6 and some of the incidents actually look like they deserve further investigation.
All joking aside, it sure looks as though the fiat pirates have taken a broadside and their ship may actually be on the verge of foundering.
Please read this cogent explanation of the mess we are in. And by "mess" I mean "worldwide collective delusion".
The real reason the debt limit was raised?
Because without it the simulation would crash.
The economy is a mathematical simulation and not real as you were taught in school or in the universities. The economy is rooted in a currency bond that can never pay itself off because what is being used to pay is the same currency bond.
The monetary system overlays the economy as a transfinite mathematical loop.
It extracts or harvests everything you work for and accumulate during your lifetime. Money on the other hand points the flow of wealth towards you where you can actually pile it up.
Real money used to be silver, or gold.
A currency bond on the other hand, reverses the flow away from you and towards the issuer of the currency bond - the central bank.
Such a currency is rented to you in perpetuity, like a rental car that you can never return to the lot.
I talked about this to two fairly well known economists with actual websites and newsletters at a conference I attended.
This was basically my exchange as best as I can recollect it:
Me: If the currency is essentially a legal tender negotiable bond backed by Treasuries, which are themselves bonds, then shouldn't these bonds be listed as liabilities instead of assets on the balance sheet? And instead of income on the income statement, isn't it in fact deferred income (a liability) owed in common to the issuer and renter of the currency bond?
They: Nodding yes...
Me: Where's the so called "cash" or "income" if it's clearly a bond printed on paper with portraits of decease presidents on them?
They: Shrug and a nod...
Me: If both are true, then aren't all corporations and governments, like municipalities, technically in a legally contrived default as well as being insolvent? And doesn't the primary creditor -the Fed - ultimately have claim over all that's in default? As the creditor/lender of last resort?
They: Halfheartedly nodding yes. (But I now have their undivided attention).
Me: And if that's true, then how do you as economist derive a rational understanding of the market and indeed economics as a whole if the premise for it is itself irrational?
They: Stopped nodding and stared at me in surprise and alarm. (They've stopped moving and are frozen in place).
Me: If the premise is a hallucination, then isn't a conclusion about it also a hallucination? About a zombie economy propped up by that hallucination?
They: Smirked. Looked down or away.
Me: Isn't it a superstitious or fictional economy?
Me: Why is this allowed to exist?, I asked.
They: Everyone agrees to the hallucination Alex
Me: And there you have it? We're living in a mathematical simulation of an economy, and not in an actual economy?
"Exactly" they said. "But it works and that's all that matters."
(Spoken like true witch doctors and palm readers ladies and gentlmen. And they and those like them, are the ones in charge making "decisions" about the "economy".
And, if you're a politician reading this and you say a single word about debt or taxation without mentioning this hallucination for what it is.....I will. Diplomatically of course.)
It's these sorts of things that throw charting into a cocked hat... that and the manipulation, of course, ... although, I must admit, it does pique my interest.
Our thoughts coincide. It's dicey, though, holding equities and/or dollars. Each offers it's own stylized peril. It makes using stops abysmally futile.
I cannot help but wonder at what price gold/silver the back of the fiat system breaks. Any ideas?