Why should PM traders care about the Covid-19 crisis?
Because it matter who owns your portfolio, doesn’t it? How likely is it that tax rates, not to mention the whole concept of private property itself, will remain as it is if the current authoritarian “emergency” powers that governments have taken upon themselves are not removed? How likely is it that governments will give up such incredible powers without at least a constitutional challenge in the courts? Will you bet your portfolio on it? You are right now.
How are you going to even trade if you don’t have internet access or access to your personal banking? All of these, and any other freedoms we now take for granted could be taken from us if your status in society revolves around your Covid-19 vaccination status and a vaccine passport. Not likely to happen, you may say. But being banned from working, going to restaurants, shopping or even leaving your house to go for a walk wasn’t likely for anyone living in Melbourne, Australia last year. “Things not likely” are likely to happen to all of us, soon.
Here’s my take on Goldtent, which I’ve been visiting for over five years now. It now has a second theme. It will go away when this authoritarian threat called “covid-19” goes away or… when this sort of free speech –on PM trading as well as politics– is taken away. They’ve already got a vaccine for free speech. It could be the first to go.
I’ve heard recently a number of people reminiscing about their lives in such places as communist Hong Kong, Ceausescu’s Romania, and Fascist Italy during the war. They all mentioned how much the current increases in surveillance, personal restrictions, free speech opposition, mandatory bylaws and ridiculous fines have reminded them of life back in the “old country.” Covid-19 isn’t taking us forward, it’s taking us backward and these three people know exactly what that kind of life is like. One was a woman in Toronto commenting on temperature scanning and facial recognition cameras being used at the entrance to a grocery store in Toronto, Canada, not Hong Kong which she gladly left years ago. The other was a German neurologist who emigrated from Romania commenting on mandatory masking and other personally oppressive rules which took her on a walk down memory lane. The last is a Constitutional laywer, Rocco Galati, currently suing the Canadian federal and Ontario provincial governments for a number of Covid-19 related crimes. His father used to tell him all sorts of stories about growing up in fascist Italy under Il Duce, Mussolini.
Over the years I’ve come to see Fullgoldcrown as a very reasonable and sensible man. Trust his judgment on this one, this is an important issue for everyone including PM traders. But, if you don’t find those posting interesting, or find them annoying, is it too hard to just skip them? I’ve been skipping the postings on bonds for years. What’s posted here on Goldtent regarding Covid-19 forms what I would say are the best links on the subject and the easiest way to keep up with this topic which I would think ought to concern everyone who has any personal wealth.
Good points, TimH. Those of us who have lived in free countries cannot absolve ourselves of the responsibility to protect those freedoms for posterity. It is a tiresome task as the left never sleeps, yet to abandon the fight is unthinkable. What will it say about us if we meekly submit to these petty tyrants? We may not be “The Greatest Generation”, but we don’t have to be the worst.
+1 They count on being able to take an inch at a time…and, as a result, we find ourselves miles away from where we should be.
+2. Invaluable resources here on dealing with Covid on a logical instead of emotional basis.
Makes it all worthwhile to go down this path with the likes of you guys
🙂
What the hey. If those oriented to TA exclusively want to post TA, just do it. No one forces anyone to read anything, unless you are Joe Biden or a progressive commie democrat.
Seems to me that Fully’s guidelines, no Covid/government tyranny during “business” hours when the markets are open. And for those complainers, there’s been a sharp decline in TA postings. What’s holding you back? Or were Patrick and Northstar carrying everyone else?
Reminds me of that old joke – if I don’t like what the rules are, I’m taking my football and going home.
Also reminds me that for evil to triumph all it takes is for good people to do nothing. Staying out of the fray helps no one, least of all our country. And most of all, it contributes to the evaporation of our liberty and freedom.
Keep up the good work, Fully, Hearst and team. You post some of the best content that can be found on the web and from so-called news “sources.”
First they came for the socialists, and I did not speak out — because I was not a socialist.
Then they came for the trade unionists, and I did not speak out — because I was not a trade unionist.
Then they came for the Jews, and I did not speak out — because I was not a Jew.
Then they came for me — and there was no one left to speak for me.
Martin Niemöller
So much time and energy has been wasted on whether Trump has sufficient eloquence to be deserving of the right to lead America. Yet arguing this point is vacuus and elitist as all citizens do not grow up in the same circumstance or have the ability to speak in multi-syllable vocabulary.
Frankly Trump is an embarrassment to those politicians that have spent their lives making it sound like they have any idea about what they are saying or intend to deliver, however, most of what he has “said he will do” he has in fact managed to deliver despite being attacked mercilessly by those who PERSONALLY have VERY much to fear from his re-election.
When we think back to 4 years ago, did anyone really understand the extent to the corruption in Washington, the Main Stream Media or social media such as Twitter, Facebook, Goodle etc.
Sure it was rumoured for years – conspiracy theories so they said – but over four years we have ALL seen it in action with an audit trail that was legally actionable. We have this knowledge today because and ONLY because Trump was not been available to be bought like most of the Senate and Congress. In fact, the opposite has occurred as the more he was pushed to capitulate the stronger the position he took on draining the swamp.
American and WORLD citizen for the first time in a 100 years sense that there is at least a “chance” that those that are corrupt will be held accountable.
This couldn’t have been accomplished by a Ben Sasse or any politician that won position and prestige through the normal political channels. Citizens know that the only person that can deliver them from the in-your-face corruption on display in Washington DC and major US cities is if they have a leader that is willing and capable of getting down into the gutter to fight for THEM. That’s why Trump will win in a landslide in three weeks.
Does he make an ass of himself – absolutely – but Trump doesn’t care and citizens don’t care – they ALL want the swamp drained – and they want it drained now!
Those who want this to be purely a TA site, do not want to look into the abyss … lest it stares back at them. But the abyss is there and western civilization is standing on its edge. Is that irrelevant to TA?