Financial topics

[Higgenbotham]

Warren Buffett wants to make an 'elephant-sized' purchase, but says 'prices are sky-high'

"In the years ahead, we hope to move much of our excess liquidity into businesses that Berkshire will permanently own. The immediate prospects for that, however, are not good: Prices are sky-high for businesses possessing decent long-term prospects," Warren Buffett says in his annual letter to Berkshire Hathaway shareholders.

Published 7 Hours Ago Updated 4 Hours Ago

https://www.cnbc.com/2019/02/23/warren- ... -high.html

[Higgenbotham]

Schlitz Beer commercial - Treasure Hunt (1971)

https://www.youtube.com/watch?v=leKu2vEPvGw

"A treasure hunt isn't a kid's game when you're living and your life depends on it. Sharks don't play games. Their ancestors must have had quite a feast 250 years ago when a hurricane sank a fleet of Spanish galleons along with $14 million in pieces of eight. If you're lucky you find some of it. If you're even luckier you live to tell about it. And, man, that's when you know what life really is. You only go around once. You gotta grab for all the gusto you can."

[aeden]

I remember those days in vivid detail. Riding our horses on week end venues and watching the stoned hippies crawl out the tent Sunday mornings falling into puddles still hammered out of their minds. Friend finding dead druggies dumped in his hay fields for drug deal gone bad and funerals as the locals lost the ability to burn down the houses of drug dealers since the Law has a system hinged the point it was still ok to shoot at handcuffed idiots who ran, and the Sheriff fired the idiot who could not hit a drunk bastard in the back, or the urban legend it was a warning shot. It went underground as bodies and vendetta spiraled as bodies in ditches and shot up in cars less than 20 minutes from Home. We made a deal with the thinking Mexicans the women and children would be watched over by the few, who respected the honor as they shopped in the daylight hours in peace under the peace. No after dark issues ensued since they respected our word and partied elsewhere as turf was respected and the old respected as a class watched over no matter the lines. Leaving Town since we knew the Men with No eyes where many years behind.

These decades later we now bury are dead.

https://law.justia.com/cases/federal/ap ... 12/489870/

The Report alleged that Jacobs was involved in a Mexican money-laundering and drug-trafficking organization.

This is the same idiot who owns border property and the fence is coming to Texas.
The implosion will be derivative markets and laundering as our federal case indeed found from due diligence from
actual criminal investigation. We just had the backbone to say all the way to the case since we knew it was the only way.

These criminals days are numbered and to a greater extent the border issue is the last political move
in accounts we already know. These guys will burn no way around it called Democrats
as tens of thousands die from addiction and the illegal free shit army absorbed in the
immigration weaponizations which indeed are fact to crash the system and to protect the illegal billions pouring out.
The party and military rat line organs know this and are scared shitless as the testimonies pour in from the gang bangers
deported who conveyed we guess the people have had enough of our criminal activities shxx.

Time the Office stops these democrats in their tracks as they mis gauge intent.
Until these people understand what is already here they will drop like leaves as we warned.
Some of my cost basis is simple, one of ours succumbed to addiction and has less than three years of life left.
The process witnessed has only conveyed one point alone.

But if any provide not for his own, and specially for those of his own house, he has denied the faith,
and is worse than an infidel. Do not ever think we are not in Ivory circles or thought maps you ignored
and tried to mitigate this. College was the best insult as cash flow was more than a decade of His salary
that year alone. Smiled and said indeed your correct that your formula will always show its true merit.
It was less than a decade it imploded and we just shifted gears to digital realities.

Angry is not the word. My pain is the process of my Wife watching this transpire.
Angry is not the word. Standing guard so children can sleep in peace.
Angry is not the word. When they already know they are worse than infidels.
Angry is not the word. Since they will be Judged and no advocate will be found for them.
Angry is not the word. We started out Humble. Now we bury our dead. She was baptized in our Masters name recently.

We care for ours. They do not.
Educate those who push forward as we can and do.
Debt is managed in simple terms, and not allowed since it has lost Honor.
That Book you ignore is the shelter in the Storm still to come.

Water, Wheat, Weather

[Higgenbotham]

If you don't believe me regarding the Rothschilds, at least believe Martin Armstrong.

Nobody controls Wall Street or Goldman Sachs except for the people in the official chain of command of Wall Street and Goldman Sachs. The people who semi-control this country and the world do it in plain view. They are listed on the Forbes 400, they attend their CFR, Bilderberger and Davos meetings, they own the media, they own the politicians, and they tell the Federal Reserve how much money they need printed and when. The reason I say "semi-control" is because this thing is like a machine where there is really no one person or group in complete control of it because it has spun out of control. Obviously some have much more control than others, but like I said about Bill Gates, do you want to be that guy when they system collapses; I don't. It's a hard wired human tendency to want to believe that some deity, some shadowy figures, or somebody in an official leadership capacity can really control events. It's comforting to think somebody is in control of this mess and to think maybe somebody who is more agreeable can be in control of it in the future. Nobody is really in control in the big picture. There is no "Head Dinosaur" here as much as people would like to think. The Rothschilds have got nothing to do with anything. They are mostly dead and gone.

Also, there is no reason to worry about the influence of the Rothschilds.

There's no evidence the Rothschilds own the Federal Reserve either (or any part of it). And the banks they own are as minor as the rest of their holdings.

The Great Myths that Never Die: Rothschilds & Petrodollar

It has been used to convince everyone that central banks are evil and they are merely the puppets of the Rothschild family who control the world. The Rothschilds lost their power as did the Medici. They have been replaced by Goldman Sachs, which is affectionately called “Government Sachs” among professional dealers and traders. It is the former directors of Goldman that have infiltrated governments worldwide.

https://www.armstrongeconomics.com/worl ... trodollar/

[jcsok]

Hig, I'm still around, waiting, watching,... to short this market. You may be right, that I am too scared to be short, and will miss the inevitable fall. But I haven't tried the short side since approx 1480. I took delivery on silver at one point, and after $1 loss, redelivered. I have slowly built a physical position, and intend to stay the course. I often think, "Why should I even take a risk?"

But my objectives have changed a lot in the last 2 years; since I am a Boomer (barely) as I approach 60, have a comfortable lifestyle while working my ass off on a farm, I no longer seek wealth. I don't get pleasure in proving that I'm in the 97th percentile, probably because I'm not, and don't care what people think of me anymore. I only look at what might happen in the next 15 years and work quietly toward being able to be self sufficient. I am trying to lessen my economic footprint, and have cut my business expenses by $125k in the past year. The pig needs to starve, and I am refusing to keep feeding it. I don't have to employ others anymore and keep making a living for a myriad of tentacles. My liberal progeny have stated that she is lucky not to be in intensive therapy after hearing my outlook on the future.

So.....one of these days temptation may get the best of my and short again.....but why? Really, why take someone else's money when it really won't change my lifestyle. I will still have to feed the cattle, but not very many anymore.

[jcsok]

One of the articles I review periodically.

https://www.zerohedge.com/news/2017-12- ... ash-coming

[John]

> One of the articles I review periodically.

> https://www.zerohedge.com/news/2017-12- ... ash-coming

Nice graphs

[Higgenbotham]

My liberal progeny have stated that she is lucky not to be in intensive therapy after hearing my outlook on the future.

She ought to be thanking her lucky stars she has a father like you.

[aeden]

Reforming the existing system is impossible.
https://en.wikipedia.org/wiki/Category: ... s_of_China

America is a speed bump to what's already here.
The smart kids already knew this.
Slope of looting is the only discussion tabled.

One agency after another, the rules are being rewritten to suit the special interests.

Income from dividends, rent, interest and capital gains overtook earned income in 1984.

[John]

> Hig, I'm still around, waiting, watching,... to short this
> market. You may be right, that I am too scared to be short, and
> will miss the inevitable fall. But I haven't tried the short side
> since approx 1480. I took delivery on silver at one point, and
> after $1 loss, redelivered. I have slowly built a physical
> position, and intend to stay the course. I often think, "Why
> should I even take a risk?"

> But my objectives have changed a lot in the last 2 years; since I
> am a Boomer (barely) as I approach 60, have a comfortable
> lifestyle while working my ass off on a farm, I no longer seek
> wealth. I don't get pleasure in proving that I'm in the 97th
> percentile, probably because I'm not, and don't care what people
> think of me anymore. I only look at what might happen in the next
> 15 years and work quietly toward being able to be self sufficient.
> I am trying to lessen my economic footprint, and have cut my
> business expenses by $125k in the past year. The pig needs to
> starve, and I am refusing to keep feeding it. I don't have to
> employ others anymore and keep making a living for a myriad of
> tentacles. My liberal progeny have stated that she is lucky not
> to be in intensive therapy after hearing my outlook on the future.

> So.....one of these days temptation may get the best of my and
> short again.....but why? Really, why take someone else's money
> when it really won't change my lifestyle. I will still have to
> feed the cattle, but not very many anymore.

Welcome back!

I haven't really followed silver, but gold is in the same bubble as
the stock market. I expect gold to crash to the $200-300 range.