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@RealSeanBrodrick: As the fella said, "It's not profiteering, if you're not arrested, tried, and convicted. Until then it's just good business."

The Fed has suppressed inflation expectations; the Covid distortions to rents and margins are working through and will drive inflation down; and the labor market is re-normalizing without a surge in unemployment. But will Fed Chair Jerome Powell accept his victory?

Earlier, I posted that Dutch semiconductor equipment company spilled the beans that the U.S. and Netherlands are stopping sales of chip manufacturing equipment to China. Now, China is responding w/ its own technology ban. bloomberg.com/news/articles/20

Weekly chart shows West Texas Intermediate tried to break out, and failed. First attempts usually do not work. let's see what February brings.

Weekly had a tougher week than , but that's not too surprising as silver is the drama queen of precious metals. Look for a retest of the breakout.

Weekly broke its uptrend and ran out of bullish momentum. It's in balance now; we'll have to see what next week brings. Sideways action is more likely, but let's see the fallout from 3 central banks meeting.

Weekly still looks bullish, but the balance shown in last week's candle indicates we may see a retest of the breakout before another attempt at moving higher.

Copper had a setback on Friday; it barely registers on a weekly chart, which is still bullish.

"The Federal Reserve, the European Central Bank, and the Bank of England have rate-hike meetings over the coming days. And markets have set out to fight all of them" wolfstreet.com/2023/01/28/back

On this chart, the blue line is job openings (in thousands) and the yellow line is unemployed, also in thousands. Still nearly two jobs for every person seeking work. Source: seekingalpha.com/article/45733

this week Superman faces the twin menaces of the radio broadcast industry- and whatever the heck this is! See it all in Stupid Comics! misterkitty.org/extras/stupidc

A Utah plastic surgeon & 3 associates are facing federal charges for in which they squirted around 2k doses down the drain, sold falsified vaccination cards for $50 each & injected kids w/saline 391 x.

Dr. Michael Kirk Moore Jr. owner of Plastic Surgery Institute of in Midvale, business' office manager Kari Dee Burgoyne, receptionist Sandra Flores, & neighbor Kristin Jackson Andersen.

arstechnica.com/science/2023/0

Cleveland was also a strong supporter of the "gold standard"–the idea that the value of the dollar should be fixed relative to a specific quantity of gold.

In Cleveland's last year in office, with mounting depression, this deflationary policy seemed recklessly intransigent, but Cleveland would not budge; the Republicans likewise nominated William McKinley, a "sound-money man" the same year.

The Democrats, responding to popular pressure, made one of the biggest about-faces in political history.

Democratic President Grover Cleveland took office as an extreme conservative, even a reactionary. He famously vetoed a bill to supply seed to Texas farmers who had lost theirs in a hard drought, callously saying that it was none of the business of government to support the people, and that they could always fall back on private charity.
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I hate it when Americans make everything in the world about us but I'd be lying if I said that the prospect of a Russian defeat making the dumbest, most belligerent people in America cry isn't at least a very small factor driving my support for .

are a bunch of brainwashed losers who are on the wrong side of everything and I just cherish their every loss.

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RealSeanBrodrick

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