ty fer the freshy
prolly use it until mon morning
hope doc ain't g'd out by nao
12 hours wif all of 'em in a car NOT a VAKAY.
kek
really hope they do it cause he needz outta there
when I needed outta the Bay Area it couldn't habben fast enough so totally understand
GHOST52 US Navy G5 shows as tail #165152 heading to Aus from a Marshall Islands ground stop and AE06EC G5 (INDO-PAC brass) heading NW from Fiji and it was at Samoa yesterday-both out of Hickam AFB GHOST left earlier today and AE06EC left on 0804-just had INDO-PAC Commander Aquilino in Aus and NZ while crazy Nancy was in Hawaii >>144460 pb
>>144796 lb
45in N445MB G4 on final approach for Morristown Muni Airport
night
CONUS
SAM685 USAF G5 west from JBA-this was SAM2A and went to Boston and Martha's Vineyard with kneepads on Thursday >>144728 pb
SAM618 USAF G5 NE from JBA
Algerian AF 7T-VPS G4 departed Algiers west-had a stop at Azores at Lajes Int'l (B-2 Stealth Bombers are stationed dhere) for a gas and go heading SW towards the Caribbean/Venezuela-they (Algerians) have said they want to join BRICS and they are Africa's largest exporter of Natty Gas and the Turks have a lot of $ invested in Algeria too
DERBY61 and 62 USAF C-130J Super Hercules NW from San Juan PR after arriving on 0802 from Louisville Int'l-Ali Int'l Airport-ground stop at Owensboro-Daviess Cty Regional Airport for about 2 hours then to San Juan, PR
>>144796 lb
>and then move over to Teterboro-about a ten min flight afterwards
N445MB G4 moved over to Teterboro after dropping off45as it's itinerary indicated-possibly using this for today's trip
Planefag:Europe and the Med/Gulf
Hungarian AF HUAF 650 Falcon 7x departed Leiria, Portugal after a 6h stop and a 50 min stop at Split, Croatia prior to that-it left Kecskemet AB (home of Hungarian Air Command) earlier today-this AC was used by Orban to got visit 45 in NJ and then to CPAC at Dallas
Moroccan AF FRV1315 G5 left Paris-did some flyovers east of Rotterdam and then some serious roundys NW of Brussels-can see it in the cap..back to Paris for a stop and currently heading to Rabat-the Moraccans have been burning a hole in the sky with trips to Paris and back to Rabat in G4/G6 and 747 ACs over the last few weeks
HKY199 USAF C-130J Super Hercules west from Rzesow Airport, Poland load-out pretty quick stop of no moar than 20-25 minutes total
Canadian AF CFC4163 A310 departed Constanta AB, Romania after arriving on 0804 from CFB Trenton (which is on the north shore of Lake Ontario)
Israel AF 4X981 Nachshon Eitan SIGINT G650 out from Nevatim AB off shore of Tel Aviv and Gaza
11-9355 E-11A GLEX back to Riyadh from a trip over Northern Iraq-this is the aerial Wi-Fi AC
addition-Morrocan AF G5 activity over netherlands/belgium-they must be having some werk done on this or they need some place to have discussions-one or the other here
Berkshire Hathaway posts massive $43.8 billion loss; operating results improve
The slide in U.S. stock prices punished Berkshire Hathaway Inc's bottom line in the second quarter, as the conglomerate run by billionaire Warren Buffett on Saturday reported a $43.8 billion loss.
Berkshire nevertheless generated nearly $9.3 billion of operating profit, as gains from reinsurance and the BNSF railroad offset fresh losses at the Geico car insurer, where parts shortages and higher used vehicle prices boosted accident claims. Rising interest rates and dividend payouts helped insurance businesses generate more money from investments, while the strengthening U.S. dollar boosted profit from European and Japanese debt investments. Berkshire also slowed purchases of its stocks, including its own, though it still had $105.4 billion of cash it could deploy.
Investors closely watch Berkshire because of Buffett's reputation, and because results from the Omaha, Nebraska-based conglomerate's dozens of operating units often mirror broader economic trends.
Those units include steady earners such as its namesake energy company, several industrial companies, and familiar consumer brands such as Dairy Queen, Duracell, Fruit of the Loom and See's Candies. In its quarterly report, Berkshire said "significant disruptions of supply chains and higher costs have persisted" as new COVID-19 variants emerge and because of geopolitical conflicts including Russia's invasion of Ukraine.
But it said direct losses have not been material, despite higher costs for materials, shipping and labor.
Net results suffered from Berkshire's $53 billion of losses from investments and derivatives, including declines of more than 21% in three major holdings: Apple Inc (AAPL.O), Bank of America Corp and American Express Co (AXP.N).
Accounting rules require Berkshire to report the losses with its results even if it buys and sells nothing.
Buffett urges investors to ignore the fluctuations, and Berkshire will make money if stocks rise over time.
In 2020, for example, Berkshire lost nearly $50 billion in the first quarter as the pandemic took hold, but made $42.5 billion for the full year. Profit rose 10% at BNSF, with higher revenue per car from fuel surcharges partially offsetting lower freight volumes, while profit from Berkshire Hathaway Energy rose 4%.
Berkshire repurchased just $1 billion of its own stock, down from $3.2 billion in the first quarter, and compared with $51.7 billion in 2020 and 2021. Its $6.15 billion of stock purchases fell from $51.1 billion in the first quarter, when it took major stakes in oil companies Chevron Corp and Occidental Petroleum Corp.
https://www.reuters.com/markets/europe/berkshire-hathaway-posts-huge-quarterly-loss-operating-results-improve-2022-08-06/
Economic Schedule for Week of August 7, 2022
The key report this week is July CPI (and PPI on Thursday)-plus the update from the Atlanta FED GDPNOW which will be done shortly after that (CPI) is released on Weds at 8:30am EST
Also have the Mortgage Banker Purchase Application activity on Weds so that is a big data day-and imo this is the start (all of that above) of the "all clear" signal or the support the FOMC needs to not do another 75bp which they spent all this last week creating the perception that they will be doing in Sept-remember that the CME FEDWatch is a contract that can be bought and sold to produce a result-it actually took them quite a bit of time to get it to reflect the 75bp it currently shows now.
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
-
Monday, Aug 8th -
No major economic releases scheduled.
-
Tuesday, Aug 9th -
6:00 AM ET: NFIB Small Business Optimism Index for July.
12:00 PM: (expected) MBA Q2 National Delinquency Survey
-
Wednesday, Aug 10th -
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: The Consumer Price Index for July from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.5% increase in core CPI. The consensus is for CPI to be up 8.8% year-over-year and core CPI to be up 6.1% YoY
(and as mentioned many times over the last few months it will show a decrease-they will 'celebrate' it and present it as they have it "under control" and the GDPNOW will be raised quite a bit cause they already went full retard week before last and raised it almost 3 full % points out of negative territory--so that it could be dropped when the housing #s came out this week-and removed any negative view that it had.)
-
Thursday, Aug 11th -
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 263 thousand up from 260 thousand last week.
8:30 AM: The Producer Price Index for July from the BLS. The consensus is for a 0.3% increase in PPI, and a 0.4% increase in core PPI.
-
Friday, Aug 12th -
10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for August).
https://www.calculatedriskblog.com/2022/08/schedule-for-week-of-august-7-2022.html
> So it's probably already underway and just needs to be dog and ponied for public consumption
and the only real thing they (public) haz seen is Sussman "loss" if they even paid attention to that
Hungarian AF HUAF 650 Falcon 7x back to Split, Croatia where it spent about 50m at earlier today
>>144820 Israel AF 4X981 Nachshon Eitam SIGINT G650 out from Nevatim AB off shore of Tel Aviv and Gaza
15 Dead As Israel Pounds Gaza, Military Prepares For "Week Of Fighting"
Since the start of Friday's fresh Israeli airstrikes in Gaza, ostensibly toward decapitating the leadership of the Islamic Jihad following the Monday night arrest of its senior commander Bassem Saadi, the death toll has continued to rise, with Gaza's health ministry saying 15 Palestinians have been killed in the attacks so far.
As we previously detailed, the Israeli strikes were 'pre-emptive' in that they were not a response to initial rocket fire from Gaza, as is the usual case, but were launched with a declared intent to degrade the militant group Islamic Jihad's capabilities after days of security incidents along the border with Gaza. Since then, an Israeli official has said some 300 rockets and mortars have been launched from the strip as the two sides are once again on the brink of full-scale war, according to BBC. The last time Israel hit Gaza with what were at the time limited strikes targeting Hamas was mid-July, just after President Biden departed Tel Aviv to travel to Jeddah on his Mideast tour. Importantly, it's the biggest flare-up since the 11-day conflict in May 2021 wherein over 200 Palestinians and a dozen Israelis were killed.
But what the Israeli Defense Forces (IDF) announced as the 'Operation Breaking Dawn' offensive is expected to last at least a week. The military is preparing for "a week of fighting," the IDF said Saturday. By day two of the operation, the IDF cited some 200 rockets launched from Gaza, with at least 30 having landed in Gaza, falling far short of targets in Southern Israeli. The IDF said 130 crossed into Israel with 60 intercepted by the Iron Dome, and the rest reportedly landing in open areas.
Israeli media in a mid-evening update (local time) indicated that some 400 rockets have been fired from Gaza since Friday afternoon, strongly suggesting that Hamas has also joined fighting alongside Islamic Jihad. In a Saturday morning press briefing the IDF said it's already taken out Islamic Jihad commanders and degraded military sites:
In the opening round of Israeli strikes, the military killed one of PIJ’s senior commanders, Tayseer Jabari, whom officials said was planning to attack Israeli civilians near the border. Jabari replaced Baha Abu al-Ata as the group’s commander in northern Gaza after the latter was killed in an Israeli strike in 2019.
In a briefing to reporters Saturday morning, military spokesperson Ran Kochav said the IDF had struck some 40 Islamic Jihad targets in the Gaza Strip, including six weapon manufacturing workshops, two weapons storage sites, six observation posts and five rocket-launching positions.
moar
https://www.zerohedge.com/geopolitical/15-dead-israeli-pounds-gaza-military-prepares-week-fighting
SAM394 USAF C-32ABlinkenis heading to Diego Garcia from Manila-went there yesterday from Phnom Penh, Cambodia
Who are these fuggers always waving to?
https://twitter.com/SecBlinken/status/1555893955870466049?cxt=HHwWgoCxvebT0pcrAAAA
check yer ears
tried to get those outta the catalog-those ones 8th line of threads and up will just simply not complete
45in N915TP Falcon 900 arrived at Dallas-Love Field about 40 minutes ago from Morristown N.J. depart
That must have felt good..in between the grief (cause that not good-but part of that process)
I can only empathize with you and can't imagine what that is like so muh thoughts are with you during that difficult time
Glad to hear that you had some positive experiences out of that as I've heard examples where that doesn't go so well.
been unable to post until now but am werking on some posts in our continuing godzilla series so the 'down time' being utilized
BOXER41 USAF C-40C departed JFK Int'l after arriving from Accra, Ghanathis is New US Ambassador to Kenya Meg Whitmanreturning from Nairobi and Accra, Ghana stops
Whitman downplays US travel advisory on Kisumu, says it is routine
United States Ambassador to Kenya Margaret Meg Whitman has downplayed a recent travel advisory on Kisumu saying “it was a routine security alert”. The envoy who held her first media briefing on Sunday after taking office told journalists that the advisory “does not in any way reflect the U.S views on the outcome of Tuesday’s election.” “The reason we issued the alert is that this is the second largest population of Americans outside of Nairobi. We have a very large number of American citizens and a large number of Embassy personnel in Kisumu,” she said.
https://www.capitalfm.co.ke/news/2022/08/whitman-downplays-kisumu-travel-advisory-says-it-is-routine/
Jebus I don't even know where to start on this one....she also thought she was gonna be Gov of California too in 2010 running against Jerry Brown and the literally guaranteed his election
Meg Whitman was confirmed in a unanimous vote by the U.S. Senate as the eighteenth United States Ambassador to Kenya on July 14, 2022.
Ambassador Whitman has significant experience leading business organizations, from start-ups to large multinational companies in Silicon Valley. She has served as the President and CEO of Hewlett Packard Enterprise and the Hewlett-Packard Company, both multinational information technology companies. She also served as President and CEO of eBay Inc., an online marketplace and digital payments company.
Ms. Whitman has also been a member of a number of corporate boards of directors, including Procter & Gamble and General Motors.
Committed to equality in education and protection of the environment, Ambassador Whitman has been National Board Chair of Teach For America and has been a Member of the Board of Trustees of The Nature Conservancy.
Ambassador Whitman is married to Dr. Griffith Harsh, a neurosurgeon. They have two grown sons and two grandchildren.
Whitman holds an MBA from Harvard Business School and an AB in Economics from Princeton University.
https://ke.usembassy.gov/ambassador-margaret-meg-whitman/
These three ACs at Bogota for Columbia's new president being inaugurated-and making sure doze shipments of blow keep a coming'''
Leftist ex-rebel Gustavo Petro takes oath as Colombia’s president in historic shift
https://www.marketwatch.com/story/leftist-ex-rebel-gustavo-petro-takes-oath-as-colombias-president-in-historic-shift-01659919425
Algerian AF 7T-VPS G4 went to Bogota yesterday from Algiers departure
Algeria Expresses Interest in Joining BRICS Group
Algeria, Africa’s largest exporter of natural gas, has become the latest country interested in joining the BRICS group, as an increasing number of nations look towards alternative forms of global governance.
Algeria’s president Abdelmadjid Tebboune announced his interest in becoming a BRICS member, joining a number of other powerful nations, including Russia, China, and India. “They constitute an economic and political force,” he said, applauding the group’s service in being an alternative to western-influenced power centers. The bloc is also comprised of other emerging economies, including Brazil and South Africa, with the president noting that Algeria meets “a good part” of the economic conditions required for membership. Tebboune’s comments follow a recent call from Russian president Vladimir Putin urging BRICS leaders to focus their efforts on creating a “truly multipolar system of inter-government relations” in wake of “selfish actions” from the US and other western countries. BRICS member economies account for about 25% of the world’s GDP output, contributing nearly 50% towards global economic growth. Argentina and Iran have already made official applications to join BRICS, while Saudi Arabia, Turkey, and Egypt have also expressed interest in joining the bloc.
https://thedeepdive.ca/algeria-expresses-interest-in-joining-brics-group/
Spanish AF AME4577 A-310 and AME4588 Falcon 900 are departing Bogota after arriving yesterday from Dominican Republic ground stop of about 90m
ty fer updating the notables 3A
Planefag housekeeping
SAM394 USAF C-32ABlinkenlanded at Johannesburg South Africa about 24 hours ago from a Manila departure
He also had a sideline discussion with Lavrov about the Griner conviction in Phnom Penh prior to heading to Manila..that was at the ASEAN meeting-and muh opinion on that is...it may seem a little harsh but those are the rules-yer excuse was severely retarded as to why you had it-ignorance of the rules is not an excuse and I see what Biden handlers are doing with the dangling of the convicted arms dealer in a potential swap-If I was Lavrov I wouldn't even acknowledge that was made
He goes to Congo and then Rwanda after this
https://twitter.com/SecBlinken/status/1556389660192038912?cxt=HHwWgICzvcuJtJkrAAAA
you post whatever you need to post muh fren...I get a lot of positivity from muh frens here and w/o that it would be much harder-talking about difficult things haz certainly helped muh ability to deal with this med sitch
>Giving the suffering room to breathe and be acknowledge as it is, softly clears the pain, little bit by little bit. >>144933
THIS ^^^
It may not seem tough or appear 'macho' but we are all human and need to have emotions and experience them full tilt (something I've learned a lot about in the last 7 months fer sure) as before just tried to cover it up and that is NOT healthy at all so I fully agree with muh frens statement dhere.
This is not over BY FAR and trotting out moar 'expurts' saying that this is over is just designed to throw you off of yet another devaluation cycle-you actually have to think that the NYFRB is going to stop doing it's over $2T a night operations to think this is going to arrest the Yens devaluation-so it has a pause and they think it's over....good Luck with THAT
Yen Shorts Crumble As 2022's Hottest FX Trade Comes to an End
Three key pillars of the sell-the-yen trade — a widening US-Japan interest-rate gap, soaring oil prices and the loss of the currency’s haven status — are crumbling as growing recessionary fears keep a cap on yields, put pressure on crude and send investors back into the arms of traditional safe assets. Dollar-yen, which soared 38% from a March 2020 trough to mid-July this year, is in retreat. (The targeted NYFRB Securities Lending Operation is what is "capping yields"-how do you think that fixed rate mortgages dropped when the FOMC was raising Prime?-by continuing to buy Mortgage Backed Securities on a daily basis-last week the total was $3.509B) https://www.newyorkfed.org/markets/desk-operations/ambs
Here is an example of them targeting the 10 year Yield is a VERY obvious way on Weds-this habbens EVERY DAY >>144616 Treasury Curve Inversion Deepens as Yields Jump and Then Plunge.its the NYFRB Operations Stoopid and these 'expurts continue to ignore the between $40 and $50B of this sloshing around the bpnd market as if it has no impact of anything and here are OUR reasons for it..Good try though
And when the Oil Price swoon is over then wut?
An end to what threatened to become the worst-ever drawdown for the currency would be welcomed by businesses to consumers to politicians in Japan, where higher import costs are weighing on a post-pandemic recovery. It would vindicate the resolutely dovish stance of Bank of Japan Governor Haruhiko Kuroda and put pressure on hedge funds who came late to popular short-yen macro strategies. (the NYFRB is also doing arbitrage trades with the BOJ using ours and their 2 and 5y notes as the widening difference in rates between that make it an easy way to generate return-this was a very popular ting to do starting in 20011 as well and it stayed that way until our rates were dropped again-then it became less attractive-and they will continue to do this as the BOJ is NOT going to raise rates anytine soon despite what they say and the FOMC will begin removing our rate hikes in early 2023-despite what they say) Perhaps the most effective handbrake on the yen’s steep decline has been the pull back from ever higher Treasury yields.
The yen is closely correlated to movements in US government bonds as the dynamic of a BOJ keeping rates pinned to the floor even as the Federal Reserve hikes aggressively weighs on relative attractiveness of Japanese assets. Now Treasury yields have retreated from their highs as traders tweak estimates for peak Fed rates and reconsider bonds on fears of a US slowdown.Benchmark Treasury yields have fallen more than 60 basis points from their peak in June to 2.83% on Friday. The yen has strengthened over 3% from its trough to around 135. (not rocket science see under Securities Lending at this link https://www.newyorkfed.org/markets/data-hub) The yen jumped 1.3% last Monday when traders learned that US House Speaker Nancy Pelosi would visit Taiwan, sparking worries of potential retaliation from China. It has rallied more than 4% in the past three weeks as fears of a global recession deepened. Dead-Cat Bounce here no question-and using Pelosi's visit to Taiwan as a reason for anything connected to this is really a stretch-again good luck you are not convincing anyone with this-well you might but I'd be laying on some serious short-bus action the next time this has any strength-because it's not quite done-it needs to retest that recent high of about 128 and only then will you see it turn and go the other way-this is also without the currency swap operations they have done-they've done over $12B with the ECB since june 17th last year and eventually they will turn it towards the Yen-so this may keep showing strength..it is one big manipulated POS and will continue to be that way and wait until Wednesday's CPI release-probably the most anticipated one I have ever seen)
anyway the rest of that drivel is here
https://www.bloomberg.com/news/articles/2022-08-07/-it-s-over-hottest-macro-short-of-2022-is-done-analysts-say
welcome back!!
you survived the car ride!!
kek
yeah it's been interdasting let's say-not even able to post since sometime on Sat anoon until a few hours ago
had red text shill come in here and posted about 10 so that was about the first thing I did when I could finally sign back in
Buh bye to those.
How'd it go?
>I got a place for a new "home" so slow but sure
>habby enough, beginning and end are close
very glad ta hear that!!!
I'm so glad you got some progress!!
Now keeping that good feelz going is the hard werk nao-just hope it doesn't turn out like last time but it sounds like you haz way moar control this time
>howza
Some frens came over Sat brought some food yesterday -homemade shrimp ceviche that was very good and having peeps in the house was a good feeling too
got muh xrays friday so that good-now I wait fer the MRI approval and they already got muh filed grievance from last week so things are moving again for the right reasons
Ima doing good-spent a good deal of today writing up a pretty comprehensive history of how WW1 started-the real issue(s) not just "this guy got assassinated" cause that is really all they tell ya
learned some stuff too
just gotta polish it up a bit with the zilla stuff and it'll be good ta go
post it tomorrow or whenever it fininshed
you din'tmiss much news-wise I don;t think as I've been a bit disconnected from all that ftmp since sat morning-and then I couldn't post so I put a few in end and other than frb and one other it's the usual fellating each other there-overdone cliches etc-you noe the story
we are here for ya-we support each other in ways that are sometimes not measurable
When you been in the trenches, digitally speaking, with these niggas you form a bond that is NEVER broken-we may argue or disagree at times but the bond is always there.
Ima not gonna say it'll be alright cause what you have is tough but we are here for ya-we all need it from each other and noes it is always there
Im gonna go-we can catch up in the morning as you are probably whacked from that and ima needing to go lay down fer the night
Wonderful hearing that..it really is
tap doze tired g's and get some rest for yourself I'm sure you are mentally and physically drained but still werking off the adrenaline when you noes it gettin there
Planefag:CONUS activity: Potato/Potata heading to Lexington, Kentucky: 09-0017 C-32A just departed Dover AFB, SAM691 SW-this decodes as a G5, SAM574 C-32A NE heading across the Atlantic, 2 US Navy Brass G5s one inbound from Stuttgart one SW from JBA, BOXER45 C-40C SW from JBA
Empty callsign Potato/Potata 09-0017 USAF C-32A just departed from Dover AFB and will head for Lexington, KY-09-0016 USAF C-32A departed JBA as the 'escort' AC'
https://factba.se/biden/calendar
Really stretching yerself here as all this habbened (KY flooding) LAST week-45 would have been there the next day if not day after
He certainly wouldn't have sat on his ass "at a beach house" all weekend and then went....and always late-just what is Potato doing that he always late from??..I wanna know that
SAM691 G5 (hex id decodes as tail #11-0550) SW from JBA
SAM 574 USAF C-32A (tail #99-0003) dunno who is on this one but Lloyd Austin has been a user of this AC when not in the Nightwatch
BOXER45 USAF C-40C SW from JBA
VV100 US Navy 'brass' G5 NE from JBA
VV300 US Navy 'brass' inbound to JBA from Stuttgart Int'l (AFRICOM-hdqtrs) after arriving yesterday
morning
same to you!
>sorry fer no ears fri thru wknd
that's ok-I couldn't post after sat anoon and I got muh answer a few minutes after I sent you dhat.
Was just a "if you are around" thing
BOXER45USAF C-40C on ground ground at Little Rock Int'l Bubba and Hillbags Airport from JBA departure
Accidental drowning suspected in death of Arkansas judge
The death of an Arkansas judge whose body was recovered from a lake is being investigated as an accidental drowning, authorities said.
Jeremiah T. Bueker, 48, went missing Saturday night and his body was recovered the next morning from Mud Lake in Reydell, about 75 miles (120 kilometers) southeast of Little Rock, the Jefferson County Sheriff’s Office said. Maj. Gary McClain told the Arkansas Democrat-Gazette that Bueker went missing after going for a ride on a recreational vehicle. He was spending the weekend with family at a nearby cabin, McClain said. “It appears he decided to go swimming after maybe being dusty and he went missing,” he said. “No one was with him, he was alone.”
The sheriff’s office said crews used sonar to locate Bueker’s body at the bottom of the lake Sunday morning. Bueker was a county district judge for the northern district of Arkansas County.
https://apnews.com/article/arkansas-accidents-little-rock-drownings-5ccba393f1d1a8e680bcaa7dbbd48b5d
edit to include missing sauce ^^
empty callsign 09-0017 USAF C-32A on ground at Lexington-Blue Grass Airport with 09-0016 USAF C-32A on ground at Wright-Patterson AFB, Dayton
doing pretty well fer a monday- hot stuff nao-that until Oct but at least it waited this year-we getting all the storms that are not developing in the Atlantic-cause of muh sand from the sahara-and that means no 'bowling alley' for youz and they spinning south of Baja sending the humidity up here.
How about you?
SoftBank eyes Vision Fund layoffs after posting $23bn loss
SoftBank Group on Monday posted a record loss for the second straight quarter as market turmoil further spread across its portfolio of technology stocks.
In an unusually downbeat presentation, Masayoshi Son, the company's billionaire chairman and CEO, said he will undertake "significant cost reductions" at the Vision Fund including layoffs and becoming more selective in making new investments. "Unfortunately, the amount of investment has been greatly reduced," he said. "Since the financial resources are being squeezed, there are too many hunters who make investments. There will be no sanctuaries." The Vision Fund business had 387 employees as of March, according to SoftBank's annual report.
However, SoftBank also said it will buy back up to 400 billion yen worth of its own shares (that is $2,972,000,000 with current exchange rate) over the next year, in addition to the 1 trillion yen buyback program that runs until November. Son, who is SoftBank's biggest shareholder, has long maintained that the company's stock is undervalued.
The Japanese investment group reported a net loss of 3.16 trillion yen ($23.4 billion) in the April to June quarter, compared with 762 billion yen in net profit for the same period a year ago. The losses were steeper than the previous quarter's 2.1 trillion yen. SoftBank reports unrealized gains and losses on its portfolio of more than 300 tech stocks, most of which are managed by its two Vision Funds. In the latest quarter, the two Vision Funds and the Latin America Fund posted a combined 2.92 trillion yen in investment losses.
The share price of some of its publicly listed holdings, such as South Korean e-commerce company Coupang, U.S. ride-hailing company Uber Technologies and U.S. food delivery operator DoorDash, tumbled amid a global sell-off in the stock market. Some of these stocks have recovered in recent weeks.
Shares of some privately held portfolio companies also declined during the quarter. The cumulative investment return of Vision Fund 2, which has a higher percentage of unlisted portfolio companies than the first fund, fell into negative territory by the end of June, according to SoftBank's financial statement.
Son warned that shares of unlisted unicorns private companies valued at $1 billion or more are "overvalued" compared to listed ones. (but muh stock is 'under-valued') "Listed stocks are priced daily, but unlisted stocks are not," he said. "There are still many managers of unlisted unicorns who think they can raise funds at a higher price because their performance has increased compared to the previous round of financing. "The winter for unlisted unicorns will last much longer [than that for listed ones]."
SoftBank also reported an 820 billion yen foreign exchange loss as the yen's decline pushed up the value of its dollar-denominated debt....(that's not done either despite this from yesterday >>144938 it's just taking a rest)
As for reducing costs, Son said SoftBank is in talks to sell U.S. investment company Fortress Investment Group, which it bought in 2017 for $3.3 billion. Its financial statement does not reflect investment gains or losses in some SoftBank portfolio companies such as China's Alibaba Group Holding, which is classified as an equity method investment. Son has said he prefers to look at net asset value, which SoftBank calculates by adding up the value of the shares it owns and subtracting net debt, as a measure of performance.
https://asia.nikkei.com/Business/SoftBank2/SoftBank-eyes-Vision-Fund-layoffs-after-posting-23bn-loss
This from July 22
Abu Dhabi's Mubadala is in talks to buy Fortress Investment Group From SoftBank
https://www.pionline.com/sovereign-wealth-funds/abu-dhabis-mubadala-talks-buy-fortress-investment-group-softbank
and nao you see why Paul Pelosi sold those calls (at a loss-knew this was coming) of Nvidia-and he did that a day too early too-left almost 8% on the table...and carried inventory the killer here-again
Nvidia Plunges After Preannouncing Terrible Q2 Results, Slashes Guidance, Blames "Macroeconomic Headwinds"
Just as stocks were set to blast off right out of the gates as the "most hated rally" accelerates, moments ago investors got a cold shower after video chip giant Nvidia preannounced disappointing Q2 earnings more than 2 weeks early (originally scheduled for Aug 24), blaming the reverse bullwhip effect for taking $1.3 billion of charges "primarily for inventory" and slashing guidance due to "lower sell-in of Gaming products reflecting a reduction in channel partner sales likely due to macroeconomic headwinds" and "challenging market conditions that are expected to persist into the third quarter." The only good news: the company isn't trimming (or ending) its buybacks which will continue as scheduled.
Here are the details:
-Prelim revenue $6.70 billion, far below the est $8.10, down 19% sequentially and up 3% from the prior year reflecting weaker than forecasted Gaming revenue
-Prelim adjusted gross margin 46.1%
-Prelim adjusted operating expenses $1.75 billion
(They don't even want to talk about it-no call today)
-Second quarter results are expected to include approximately $1.32 billion of charges, primarily for inventory and related reserves.
-The only silver lining: buybacks will continue: "We plan to continue stock buybacks as we foresee strong cash generation and future growth."
Pretty bad when that is the best 'result' outta all this-continuing to prop yer own stock
-The shortfall relative to the May revenue outlook of $8.10 billion was primarily attributable to lower sell-in of Gaming products reflecting a reduction in channel partner sales likely due to macroeconomic headwinds. In addition to reducing sell-in, the company implemented pricing programs with channel partners to reflect challenging market conditions that are expected to persist into the third quarter.
-Data Center revenue, though a record, was somewhat short of the company’s expectations, as it was impacted by supply chain disruptions.
-The significant charges incurred in the quarter reflect previous long-term purchase commitments we made during a time of severe component shortages and our current expectation of ongoing macroeconomic uncertainty,” said Colette Kress, EVP and CFO of NVIDIA.
-“Our gaming product sell-through projections declined significantly as the quarter progressed,” said Jensen Huang, founder and CEO of NVIDIA. “As we expect the macroeconomic conditions affecting sell-through to continue, we took actions with our -Gaming partners to adjust channel prices and inventory.
-There will be no call today, and instead NVIDIA will host its conference call on the previously scheduled time at Wednesday, Aug. 24, at 2 p.m. PT (5 p.m. ET).
Finally, since we know everyone is concern, yes - Nancy Pelosi dodged the proverbial bullet by dumping all of her NVDA calls two weeks ago (at a loss).
https://www.zerohedge.com/markets/nvidia-plunges-after-preannouncing-terrible-q2-results-slashes-guidance-blames
>>142898 Nancy Pelosi Urges Support Of $50 Billion 'CHIPS' Bill Hours After Disclosing $8 Million Nvidia Stake
>>144060 Pelosis sold $5M in Nvidia stock ahead of vote on chipmaker subsidies-Nancy can't even do insider trading right-it was up 7.6% today but they probably did this to create the "see I lost money" excuse
well ima glad to see ya back and don't blame ya re: next door-did what I could on fri/sat and ya know...there are enough BVs dhere (that can do it) that they always seem to be MIA when that shit goes on is quite revealing imo
but enough on that..kek
SAM679 USAF G5 NE from Huntsville Int'l, AL after about 30m on the ground-departed Ft. Knox earlier today after an overnight-it went to Peterson AFB yesterday for about 3 hours and then to Ft. Knox
when ya can-quite a bit of down time so not a lot to grill
post dhat WW1 thang when it done-part one of three parter-and who noes when I'll finish the 2nd and third ones
started off being about roosevelt gold act (exec order 6102) but can't tell that part w/o the WW1 stuff and all the lead up to that so gotta get some graphics together and polish it off.
Mkt Fag, Godzilla and Mecha-Godzilla present:Part #1: After the creation of the Federal Reserve system: WW1 began-a little history lesson, (parts 2 and 3 will be posted when completed) Part #2-end of WW1 and America 'prospers'-1920s debt fueled growth that ultimately culminated in 1929s Wall Street crash, Part #3: Roosevelt signs the Gold Act of 1933 (Executive Order 6102), The Bankruptcy(s) of the U.S. Corporation
This is # 6 (we've had a few informal discussions on several topics) they are listed in the final panel #4-in our continuing series of 'Financial/History discussions with Godzilla (and frens)' and after the creation of the FRB in 1913 (covered in the last set of posts) things started to move quickly as WW1 was 'started' a mere 7 months after the Federal Reserve Act was signed into law-we will be jumping around a bit but as always the source material is provided in the very last post of this series and in some cases at the point of mention. '''It is also important to note that this is by no means a complete tale of all the actions that occurred during this time period and we are focused on the main protagonists here: Serbia and the Austro-Hungarian Empire and because of the Alliances between the countries involved were already in place for several years the rest of the participants 'joined in'-except the major supplier of finance the United States-and this was not an accident either (this is explained below). We will touch on a few topics that have been extensively covered such as the Bolshevik "Revolution" and the Wall St crash of 1929 but our goal is to end up at the 1933 Gold Act (Executive Order # 6102 in part #3) and the latest (at the time) Bankruptcy of the United States Corporation
Mkt Fag:"Hello again muh informational frens-it is great to see that you two are getting along now and able to continue these discussions without killing each other."
Godzilla:"Yeah we are soooo over that-there is a common good to be had and putting aside our differences shows everyone else that they can do that too..amiright Mecha?"
Mecha-Godzilla:"Yes i'd have to agree-i was on 'their' side for too long and realize the error of muh ways-just like Abe-San did...his father wasn't the nicest person either but neither was Joe Kennedy and look what John and Robert tried to do so I totally get that..so what are we gonna talk about today?..and Godzilla can you paleeze keep that smelly food in the corner..that is rancid stuff"
Mkt Fag:" Well today I thought we would cover a few topics but as we have in the past keep it light and informal so that the readers may form their own opinions on this so we will first start out with what habbened directly after where we left off from the last post-the creation of the Federal Reserve System in 1913...Mr Mecha Godzilla I believe it is your turn as Godzilla began last time."
Mecha-Godzilla:"yes I will begin...after the Federal Reserve Act was signed into law in 1913 and we, as a world, were thrust into the start of World War 1 but make no mistake-those issues had been simmering for many years prior and it took the creation the Federal Reserve System to make sure the players on both sides were well funded-this is a common theme for ALL wars that are created-being on both sides so that regardless of who "wins"...the system ALWAYS wins-there are no winners in this process for regular people even though it has always declared a war "won" by one side or the other."
Godzilla:" I hafta agree on that and all you need to do is look at the way that Hitler 'embarrassed' the French during the occupation of France by making them sign the Armistice ending hostilities and allowing the Nazis to occupy 3/5ths of France during the opening stages of WW2..it was done in the very same railway car (and in the very same place!) that the Germans surrendered WW1 in 1918-but they thought they were going there to negotiate a surrender and not be forced to agree to what they perceived were draconian terms-so having the French arrive and having to agree to THEIR terms was the ultimate insult-but we are getting a little ahead of ourselves."
See Cap#4 for the French arriving in 1940
https://www.wearethemighty.com/mighty-history/world-war-rail-car-armistice/
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Mkt Fag:"Let's back up to the start of WW1 and as already mentioned there were several issues that were already 'boiling' and ready to explode...it took one issue to "trigger" it but let us look at a few of them: the first one is European Expansionism and is one of the top issues imo-you had the British and French at the height of it's colonization period control and other countries just weren't very accepting of this and felt threatened by that since most of those territories were forcibly taken over-you also can't leave out the Dutch here as they certainly had a role in the colonization process but were a bit moar stealth in their approach to it-so what this did was make countries chose sides and you had a recipe for a war based on the two major factions: Allied Powers (Britain and France) and Central Powers (Germany, Austria-Hungary and the Ottoman Empire)-and a footnote to this is that Erdogan has basically been attempting to resurrect the Ottoman Empire over the last 25 years or so (he was the mayor of Istanbul in the 90's and then became PM in 2003 and then President in 2014)."
Mecha-Godzilla:"World War 1 was 'started' on July 28th 1914-so only 7 months after the Federal Reserve Act signed and almost to the day-deez niggas din't waste any time and most of what caused it was already simmering in the pot and just needed a spark-which it got-see below."
Mkt Fag:" Keep in mind that you had the banking system drastically changed to benefit the hand-picked 'winners' of the 1908 'panic'-see posts on that at bottom of cap#4-the winners were as follows: Kuhn, Loeb, Bernard Baruch, J.P. Morgan, Eugene Meyer, Paul Warburg, Max Warburg, Jacob Schiff, Louis Brandeis, Alfred Rothschild-there are a few moar but those are the main ones that came out of the 1908 'panic'. It is also important to note that the U.S. was presented as 'neutral' and did not officially enter WW1 until 1917 but because of the monetary system set-up we were 'booming' and our GDP was up 20% between 1914 and 1917-sitting back and profiting from the war we were not really in until the end."
Mecha-Godzilla:"And what in the fukushima was gong on with the YUGE imbalance on 'your side'-there existed a gigantic discrepancy in the amount of purchases (war supplies) and war bonds that the Allied powers bought-over 3 billion dollars in wartime orders and borrowed over 2 billion dollars in bonds but the Central Powers only had purchased $20m-so it was clear who was gonna 'win' that war and all they (US bankers) did was sit back and watch the rest of the world literally destroy itself and laughed all the way to the bank-also noted is that we 'loaned the French and British millions of $'s through our banks and if Germany 'won' all of that would have been worthless."
Godzilla:"The next issue was Nationalism (specifically Serbia) and this has been used time and again to start wars-as if you shouldn't be proud of your 'Nation' but there is a catch to this as what habbens is that these movements start out pretty organic and then get taken over or co-opted (from the inside) and then become something they were never really intended to be-in this case it is a bit different as tensions had been rising about the European Expansionism (i.e. colonization-so they had every right to be wary) issue that was on full retard-mode in the 1800s (the violence starts-and this is not saying that every single example of this is peaceful-by no means-(it's a pattern of taking over an organization to steer it towards a clash with the "other side")-see the above comment about playing both sides as they always are funded by the same people so the system always wins no matter who is declared the 'winner'."
Mecha-Godzilla:"The Serbs had enough of the BS from the Austria-Hungarian/Ottoman Empire and wanted independence and actually tried to form own state in 1876 (fought two declared wars with the Ottomans) and were successful in forming own state in 1878 via the Congress of Berlin-The Russians backed the Serbs and this Congress was supposed to address "the Eastern Question"-well it did for a while until 1914-again just after the creation of the FRB system-isn't this totally convenient that they had already created the system to manage the money flow for the war they all knew was coming?"
Congress of Berlin
https://loc.gov/item/unk81055785/
Cap#4 in portrait of the Congress of Berlin in 1878
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Mkt Fag:"So we get to 1914 and you have the Austro-Hungarian Empire measuring it's dick all over Europe (they weren't the only ones as the French and British alliance-and by proxy the Dutch were NOT innocent here either) and the actual trigger to this boiling mass of territorial conflicts was the assassination of the Archduke of Austria (Franz Ferdinand) when he went to Sarajevo and he was there because he also went to Bosnia and Herzegovina to "inspect" territory they took from the Ottomans in 1908-and today it is "one country" but was actually part of the former country of Yugoslavia in between WW1 and WW2 (and the whole issue was conflagrated in the 1990's again-so you see it's never ever been solved but steps were made by 45's administration (specifically Richard Grenell-he made some good progress on basically an unsolvable situation) to try to fix all that damage in this area Kosovo, Bosnia and Herzegovina, Serbia, Croatia etc-it has been a mess for hundreds of years and some of those fake nations-like Moldova are now being courted by NATO to fire up all this same bullshit again by having "alliances"."
Godzilla:"Nigga get back on topic!!!...The Austro-Hungarians basically issued an ultimatum to the Serbs (after Ferdinands assasination) which the Serbs rejected-because they told them to dissolve "National Defense" calling it a "Propaganda Arm" of the Serbian Gov't and tried to force them to accept Austro-Hungarian 'authorities' to stamp out this propaganda-that they were going to define-so no wonder the Serbians told them fug off-but accepted all of it (and remember the Russians are on the Serbian side here-this is REALLY important towards the end of WW1 as we will see in Part 2) and that is all it took for a declaration of war between the two with the Germans supporting the Austro-Hungarians and the Russians on the Serbian side-so you see the Balkan area has been a mess, as mentioned by Mkt Fag, for a very long time."
They actually accepted everything in the ultimatum except the above point of having the "authorities" being positioned to decide who was doing what in their own country so it wasn't like they just said no to all of it-it sounds like they were very accommodating in a very unfortunate situation-that Ultimatum was delivered 7 months to the DAY that the Federal Reserve Act was announced to the American public
The July ultimatum of the Austro-Hungarian Empire for Serbia
https://virily.com/culture/the-july-ultimatum-of-the-austro-hungarian-empire-for-serbia/
Mkt Fag:"It is also important to note that in that time period there existed moar alliances between countries so if one was attacked you basically attacked all the others-it is best summed up like this: In the age of imperialism prior to World War I, countries throughout Europe had created alliances. The alliances promised that each country would support the other if war ever broke out between an ally and another Great Power. Prior to WWI, the alliances of Russia and Serbia; France and Russia; Germany, Italy and Austria-Hungary; Britain, France and Belgium; France, Britain and Russia; and Japan and Britain were firmly in place."'''
The alliance, between France, Britain and Russia, formed in 1907 and called the Triple Entente, caused the most friction among nations. Germany felt that this alliance surrounding them was a threat to their power and existence. As tensions continued to rise over alliances, the preexisting alliances fed into other countries declaring war against one another in the face of conflict. These conflicts over alliances — which forced nations to come to the defense of one another — led to the formation of the two sides of World War I, the Allied and Central Powers. By the start of the war, Italy and the United States entered on the side of the Allied Powers, which consisted of Russia, France and Great Britain. The Central Powers, alternately, consisted of Germany, Austria-Hungary, the Ottoman Empire and Bulgaria
Six Causes of World War I
https://online.norwich.edu/academic-programs/resources/six-causes-of-world-war-i
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Godzilla:" So it was the Central Powers that 'lost' WW1 and it was assumed-wrongly-that Germany would be able to deter Russia from backing the Serbians and this entire declaration of war between these two main 'actors' was a similar mess because although Serbia did not accept the one provision of having the Austro-Hungarians on their territory they even said although they weren't habby with the other provisions there was no reason to have a war about all this-well that din't go with the 'plan' because the Germans had already pledged support to the Austro-Hungarian side (Central Powers) so in essence there was a planned communication breakdown that involved a few others players. The Ultimatum was actually approved on July 19th but it's delivery was postponed until that July 23 date so that the Russians and the French were not able to have any communications about just wtf they were gonna do to fix this and the French were already on the way back from a trip to Russia so when that news was finally announced the Russians said this cannot be allowed to habben. The Serbians even went so far as to submit to international arbitration on that specific point but it was already too late-the system wanted war
Mkt Fag:" This was a case of a result needing to be achieved no matter what the participants said-The King of Prussia even told the German Foreign Office to tell Austria-Hungary that there was no longer any justification for war and that it should content itself with a temporary occupation of Belgrade (Serbia) instead of full on war...but it made NO difference War was in fact declared on July 28, and Austro-Hungarian artillery began to bombard Belgrade the next day. Russia then ordered partial mobilization against Austria-Hungary, and on July 30, when Austria-Hungary was riposting conventionally with an order of mobilization on its Russian frontier, Russia ordered general mobilization. Germany, which since July 28 had still been hoping, in disregard of earlier warning hints from Great Britain, that Austria-Hungary’s war against Serbia could be “localized” to the Balkans, was now disillusioned insofar as eastern Europe was concerned. On July 31 Germany sent a 24-hour ultimatum requiring Russia to halt its mobilization and an 18-hour ultimatum requiring France to promise neutrality in the event of war between Russia and Germany."
Godzilla:"And just like Mothra showing up at the wrong time with those two little girls signing about god knows what-it just spiraled out of control with moar and moar communication breakdowns and participants 'rushing' to join in...there is a reason it was called "the Great War" as it was supposed to be the "'war that ended all wars" but they system had other plans-they had already agreed to have another one just (WW2) as this one started-the culmination of WW1 was the Bolshevik "revolution" and we will get into that portion next as they weren't Russians and it was completely financed by the Rothschild family and planted the seeds for the communists to take out the Tsars of Russia."
So that is how WW1 "started"-it wasn't just the assassination of Franz Ferdinand-this was used as the excuse to let the already planned war-despite some of the participants saying it was no longer necessary-to become the most bloody and ruthless war the planet has ever seen (and still is).... right after the Federal Reserve was formed
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All pb
Please see here for the discussion we've had on the following topics listed below
>>137579 Mkt Fag interviews Godzilla on how the Bank of Japan and The Federal Reserve are in the same predicament but the BOJ is in far worse condition-godzilla noes his stuff
>>137615 Moar discussions with Godzilla-Exploring Fukushima
>>137728, >>137729 Mr. Godzilla chimes in on FOREX, Metals and Treasury bonds-NYFRB record high Operations today
>>138111, >>138126, >>138137, >>138138, >>138141 Yen Is a Whisker Away From Sliding to the Lowest in About 24 Years and Mkt Fag and Godzilla discuss what they could be doing with the Reverse Repo Process +converting Yen to $'s and that props our $
>>138597, >>138600, >>138610 Chinese Railway Bonds, Chiang Kai-Sek-Republic of China/Taiwan and what Chinastill owesthe World-Godzilla, Mecha-Godzilla and Mkt Fag explain
>>140771, >>140772, >>140774 Mkt Fag, Godzilla and Mecha-Godzilla present: The Gold Act of 1900 and the Market Crash of 1907-setting the stage for the creation of the Federal Reserve
>>143491, >>143492, >>143494, >>143497 MktFag and Godzilla/MechaGodzilla present "The Creation of the Federal Reserve system in 1913"
ty-it woulda been only a few moar had there not been access issues-was pretty quiet overall last few days.
In a this shouldn't surprise anyone and the clock is ticking for the Saudis to eventually do something here move...and when they do....they've already made noises about joining BRICS.
Moscow Exchange to reduce use of dollars as collateral
The Moscow Exchange will cut the maximum amount of dollars it will accept as collateral to underwrite transactions, it said on Monday, as Russia is seeks to reduce its dependence on currencies of countries that have imposed sanctions on it.
Russian authorities have voiced concerns about individual and corporate holdings of dollars and other currencies that it terms "unfriendly", calling for their conversion into alternatives. The Moscow Exchange - the country's largest bourse - said it will from Aug 15 halve the proportion of dollars in the collateral that users of its platform provide to carry out transactions to 25% from 50%. De-dollarisation in Russia has gained pace since Western countries imposed unprecedented sanctions after Russia sent tens of thousands of troops into Ukraine on Feb. 24. The sanctions have impaired Moscow's access to international economic and global trading systems. The central bank said on Monday it planned to differentiate the cost of foreign currency loans for legal entities and their investments in debt securities depending on whether they were denominated in currencies of friendly or unfriendly countries.
https://www.reuters.com/markets/europe/moscow-exchange-reduce-use-dollars-collateral-2022-08-08/
ty appreciate that
>tired
I bet-take all the time ya need
im gonna stop fer a bit too
it time
PlaneFag:CONUS activity update: SAM691 USAF G5 back to JBA from a quick stop in western Costa Rica-looks like Liberia (not the country the city), BOXER45C-40C back at JBA from a 3h15m stop at Little Rock Int'l, Mr and Mrs Potato back to JBA from Lexington ,KY in 09-0017 (09-0016 returned from Wright-Patterson AFB) and that is IT for him today
This started out in one province in June and steadily grew into protests in early July that culminated in depositors demanding the money back from the bank-you'll recall the people who were protesting this had their 'Health Status' change from green to red (on phone) the closer they got the the bank(s) to either join the protest or pull money from the bank-the doomer pron title of vid can be ignored
China Property Woes Spark Longest Mortgage Debt Halt Since 2015
Chinese banks’ issuance of securities backed by home mortgages has plunged, as the crisis in the nation’s property sector drags down a once-popular and relatively safe investment tool.
Sales of residential mortgage-backed securities have fallen 92% so far this year to 24.5 billion yuan ($3.63 billion), according to data compiled from cnabs.com, a website that tracks asset-backed securities in China. There’s been no RMBS issuance since the end of February, the longest dry spell since 2015.
The slump “reflects weak mortgage origination volume in the first half of 2022 and less-imminent needs for banks to manage their mortgage loan books,” according to Jerry Fang, an analyst at S&P Global Ratings. He said when issuance picks up will depend on mortgage-origination momentum and Beijing’s regulatory stance.
The lack of RMBS sales this year shows the ripple effects of unprecedented property woes that have triggered record defaults by developers and heightened risks for Chinese lenders, especially as owners of unfinished homes have been joining a boycott on mortgage payments. New-home sales plunged 32% in the first half, according to government data, and a proxy for mortgage activity hit its lowest level since at least 2016 despite an effective interest-rate cut for new loans.
Bond-like RMBS had been the most-popular product in recent years for China’s ABS market, with sales driven by state-owned banks. Supported by a surge in mortgages to purchase homes, the amount of principal outstanding reached 1.4 trillion yuan last year, according to cnabs.com. It’s fallen since to 1.2 trillion yuan.
The roughly $300 billion of RMBS sold from 2018 through 2021 made China the world’s second-largest market behind the US, where private-label deals were about $550 billion, Fitch Ratings said in report. While lenders globally package loans and sell them as securities, RMBS issuance isn’t a primary financing channel for China’s lenders. (except that it operates exactly like a ponzi scheme)
https://www.bnnbloomberg.ca/china-property-woes-spark-longest-mortgage-debt-halt-since-2015-1.1803216
https://www.youtube.com/watch?v=yKxBpkbHnpg
Please see the enclosed video and although it has a doomer pron title-it does a decent job of explaining just what has gone on with the public pulling back on paying mortgage payments for unfinished properties and how that system is under massive pressure-and no I don't think the entire system is "going to collapse in 34 days" as this title suggests-just pay attention to the information
>cleaned muh ears
like from all the BS you had to hear emanating from the back seat over the last 3 days?
kek
SPAR12 USAF C-40C west from JBA-this is the AC that Nancy used on her 'trip' and yesterday it went to San Francisco Int'l and returned back to JBA a little over an hour ago
Ima guessing the Nancy had an overnight at SFO-going to check up on 'Paul' and his shit show
FEAR12 USAF B-52 Stratofortress SE from Minot AFB, ND
00-9001 USAFSOC C-32B heading off-shore for a refueling exercise with TOPCAT7 USAF KC-135 tanker-both out of McGuire AFB, NJ-cap #2
get the whole role playing here as well so that is not lost on me
aaaand this is still relevant
two ways to look at that current situation-would he have kept something there knowing he wasn't present waiting fer it to habben-and knowing that wray is performing his function or there is absolutely nuffin there
the desperation at this point-they kinda jumped the fuggen shark with the flag BS
can't fly muh gadsen snek flag w/o someone thinkin ima turrist nao
like that would make me take it down
kek
Absolutely surreal
and the whole "end won't be for everyone" from #749 crossed muh mind just nao
Tower in NYC
they should go take a look at all the presidential libraries
that where all the juicy shit is from all of them...and the sole reason they do eet
>you nigga's all know dhat-that not fer you
N83U Bell 206L-4 Long Ranger-NBC affiliate in West Palm Beach WPTV did a few turns over Mar-a-lago and already heading south
>White House says unaware of pending raid
and ya know that is completely believable as there is not much that they are aware of
SAM668 USAF C-40C Samantha Powerreturning from Bogota from Colombia's new President being inaugurated
Colombia’s Petro begins presidency with stress on LatAm unity
The new president also made time for a discussion with Samantha Power, head of the US Agency for International Development (USAID), who represented Washington at Petro’s inauguration.
https://www.laprensalatina.com/colombias-petro-begins-presidency-with-stress-on-latam-unity/
It departed on Saturday from JBA'
exactly the reaction the fedbois want.
and unfortunately they may get some of it-peeps have a tolerance point and it's rapidly approaching dhat-mebby not here-they could care less in most of this state but there are a few of us who do care but not stoopid enough to take that bait
he already got in trouble for that angle and he din't even do what they characterized it as-not gonna habben like that
what would he really say?
BWAHAHAHAHAHA!!
#982
>>144813 Some South Pacific action GHOST52 heading to Aus with an INDO-PAC brass G5 heading NW from Fiji
>>144814, >>144819 45 arrived at Morristown after rally and the AC was moved over to Teterboro
>>144817 PF CONUS activity, Algerians heading to the Caribbean and a coupla hercules NW from San Juan
>>144820, >>144821, >>144826 PF Europe and the Med/Gulf: Hungarians left Leiria, Portugal, Moroccans doing something over netherlands/belgium, Canadians and a USAF AC left Rzesow, Israelis over Tel Aviv and Gaza with SIGINT AC and the E-11A (aerial WiFi) is being based out of Riyadh nao and had a run over northern Iraq-Hungarians went back to Split where it was earlier today from Leiria depart
>>144822 Berkshire Hathaway posts massive $43.8 billion loss; operating results improve-bought less of it's own stock and had a shitty result..imagine that
>>144823, >>144825 I'm thinking Durham is the investigation that they are talking about needing... So it's probably already underway and just needs to be dog and ponied for public consumption-@DevinNunes calls for a large scale investigation into the DOJ and speaks about how it could be done by a special committee when the Republicans take over the House.
>>144824 Economic Schedule for Week of August 7, 2022-lots on Weds August 10th
>>144827 15 Dead As Israel Pounds Gaza, Military Prepares For "Week Of Fighting"
>>144828 SAM394 USAF C-32ABlinkenis heading to Diego Garcia from Manila-went there yesterday from Phnom Penh, Cambodia
>>144832 45 in N915TP Falcon 900 arrived at Dallas-Love Field about 40 minutes ago from Morristown N.J. depart
>>144834 THE END OF GERM THEORY - A MUST-WATCH SPACEBUSTERS PRESENTATION
>>144909 Lots of 82's - which I interpret as 8/28 coming up. 8/28 links to the 9/11 event - since symbolism is their downfall. This date range is important.
>>144929 BOXER41 USAF C-40C departed JFK Int'l after arriving from Accra, Ghana this is New US Ambassador to Kenya Meg Whitman returning from Nairobi and Accra, Ghana stops
>>144930 Leftist ex-rebel Gustavo Petro takes oath as Colombia’s president in historic shift-Algerians went to Bogota and the Spanish AF are leaving nao
>>144934 Planefag housekeeping: SAM394 USAF C-32ABlinkenlanded at Johannesburg South Africa about 24 hours ago from Manila departure
>>144938 Yen Shorts Crumble As 2022's Hottest FX Trade Comes to an End
>>144952, >>144956 Planefag:CONUS activity: Potato/Potata heading to Lexington, Kentucky: 09-0017 C-32A just departed Dover AFB, SAM691 SW-this decodes as a G5, SAM574 C-32A NE heading across the Atlantic, 2 US Navy Brass G5s one inbound from Stuttgart one SW from JBA, BOXER45 C-40C SW from JBA-BOXER 45 went to Little Rock Int'l
>>144956 Accidental drowning suspected in death of Arkansas judge
>>144962 SoftBank eyes Vision Fund layoffs after posting $23bn loss-moar stock buybacks and trying to sell Fortress Investment Group to the Arabs
>>144964 Nvidia Plunges After Preannouncing Terrible Q2 Results, Slashes Guidance, Blames "Macroeconomic Headwinds"-the carried inventory strikes again and the 'best' thing outta all of this?...we're continuing share buybacks-pretty bad when that is all ya got
>>144966 SAM679 USAF G5 NE from Huntsville Int'l, AL after about 30m on the ground-departed Ft. Knox earlier today after an overnight-it went to Peterson AFB yesterday for about 3 hours and then to Ft. Knox
>>144969, >>144970, >>144971, >>144972 Mkt Fag, Godzilla and Mecha-Godzilla present: Part #1: After the creation of the Federal Reserve system: WW1 began-a little history lesson
>>144976 Moscow Exchange to reduce use of dollars as collateral-tick...tock fer the dollar (this is small in comparison but the 'ball' is rolling)
>>144981, >>144987 China Property Woes Spark Longest Mortgage Debt Halt Since 2015-Chinese withholding mortgage payments on unfinished properties...contagion spreading
>>144988, >>144992 PRESIDENT TRUMP’S MAR-A-LAGO HOME RAIDED BY JOE BIDEN’S FBI — BREAK INTO HIS SAFE!
>>144989 SPAR12 USAF C-40C west from JBA-this is the AC that Nancy used on her 'trip' and yesterday it went to San Francisco Int'l and returned back to JBA a little over an hour ago-guessing the Nancy had an overnight at SFO-going to check up on 'Paul' and his shit show
>>145012 The raid on President Trump's home is only a pretext, and the first act. They will find something, anything, to put a charge on the books against the president-lotta theories out there
>>145013 FEDS RAID MAR-A-LAGO: Search warrant executed this morning, lasted for hours, Trump in NYC at time of raid, FBI seeking classified docs, reports say, White House says unaware of pending raid
>>145020 STATEMENT: House Minority Leader Kevin McCarthy vows Congressional investigation into DOJ after Trump's Florida home raided.
>>145023 Scavino TS: DO IT — 45! #TRUMP2024
>>145027 SAM668 USAF C-40C Samantha Power returning from Bogota from Colombia's new President being inaugurated
>>145036 : Eric Trump says safe at Mar-A-Lago breached by the FBI was empty
gettin some burpage so lemme get this in nao
when you able-was just gettin' some issues here so bettah to get in in case I vanish
had 6-7 captchas in a row that all "completed" yet kept getting them
that is awesome they went fer an empty safe!!
fuggen tards!!
SAM574 USAF C-32A went to Stuttgart Int'l and so did VV100 US Navy G5-both from JBA departure this morning
RCH4128 USAF C-17 Globemaster departed JBA after picking up Potato's equipment at Blue Grass Airport, Lexington, KY and south-mebby kneepads is going somewhere tomorrow on muh abortion 'tour'-cause that is like all she does at this point
dhat haz zero chance of habbening-how much land does the Federal Gov't own in FLA?-it for that reason that would never habben in CA
I mean it sounds tough and like you are doing something but stick to things that actually have a chance of occurring
SAM689 USAF C-40BWH NSOAC departed JBA and crossed the Atlantic-this one may also be going to Stuttgart
i'm sure it is just a barrel of laughs as usual
So here is yer clue that Ag is gonna get absolutely monkey-hammered on Weds (or very soon)..they NEVER write about just Silver and yet one of the largest manipulators HSBC and UBS is all shits and giggles about it having bottomed..so totally NOT seen a bottom and sticking with muh original statement that after it dropped below $20 it's gonna see $16
Worst-Performing Precious Metal Silver May Have Seen Bottom
Silver’s been the worst-performer among major precious metals in 2022, but prices may have fallen far enough to spark a modest recovery.
The white metal has lost about 11%, weighed down by the stronger US dollar, rising interest rates and slowing growth. But prices could turn higher from later this year as the electronics and photovoltaics sectors support industrial consumption, while retail and jewelry demand look strong, James Steel, chief precious metals analyst at HSBC Securities USA Inc., said in a note early this month. Still, headwinds to the white metal’s rally exist as the world braces for the withdrawal of stimulus and an economic downturn.
While HSBC remains positive, it has cut its forecasts as silver follows gold and copper lower. The bank now sees the average price at $22.25 an ounce for 2022 and at $23.50 for 2023. UBS Group AG expects silver to trade lower to $19 by early 2023. Silver was trading at $20.67 an ounce by 8:37 a.m. in Shanghai, after bouncing back from a two-year low in mid-July. Silver’s trajectory will closely follow gold, and investors should consider buying both metals when the Fed makes a proper dovish pivot and there’s meaningful easing of policy to support growth, said Wayne Gordon, executive director for commodities and FX at UBS Group’s global wealth management unit. “Once we get to that recovery phase in gold, we believe silver can really outperform the yellow metal,” said Gordon.
Gold was little changed at $1,789.42 an ounce, with the dollar steady as traders await a key report on US consumer inflation due Wednesday. Palladium fell and platinum edged higher.
https://www.bnnbloomberg.ca/worst-performing-precious-metal-silver-may-have-seen-bottom-1.1803255
They started off the week with a total of 88,889 contracts today so that is 5k oz per contract which gives you 444,445,000/ozs traded just today-which is a little under half the amount of 2021's annual production and we still have 4 days to go in the week-remember Silver is a key ingredient of all products that require electrical conductivity so I've said this many times before-just where are they going to get the supply fer all this green energy shit?...they never address this..ever
August is a really slow delivery month on the COMEX but September is a big one'
https://www.cmegroup.com/markets/metals/precious/silver.volume.options.html#optionProductId=458
kinda reminds me of sumthang else
noice
ima gonna drop da bun and go
great entertainment from the feds tonight
LUBS IT
ttyitm
night
#982
>>144813 Some South Pacific action GHOST52 heading to Aus with an INDO-PAC brass G5 heading NW from Fiji
>>144814, >>144819 45 arrived at Morristown after rally and the AC was moved over to Teterboro
>>144817 PF CONUS activity, Algerians heading to the Caribbean and a coupla hercules NW from San Juan
>>144820, >>144821, >>144826 PF Europe and the Med/Gulf: Hungarians left Leiria, Portugal, Moroccans doing something over netherlands/belgium, Canadians and a USAF AC left Rzesow, Israelis over Tel Aviv and Gaza with SIGINT AC and the E-11A (aerial WiFi) is being based out of Riyadh nao and had a run over northern Iraq-Hungarians went back to Split where it was earlier today from Leiria depart
>>144822 Berkshire Hathaway posts massive $43.8 billion loss; operating results improve-bought less of it's own stock and had a shitty result..imagine that
>>144823, >>144825 I'm thinking Durham is the investigation that they are talking about needing... So it's probably already underway and just needs to be dog and ponied for public consumption-@DevinNunes calls for a large scale investigation into the DOJ and speaks about how it could be done by a special committee when the Republicans take over the House.
>>144824 Economic Schedule for Week of August 7, 2022-lots on Weds August 10th
>>144827 15 Dead As Israel Pounds Gaza, Military Prepares For "Week Of Fighting"
>>144828 SAM394 USAF C-32ABlinkenis heading to Diego Garcia from Manila-went there yesterday from Phnom Penh, Cambodia
>>144832 45 in N915TP Falcon 900 arrived at Dallas-Love Field about 40 minutes ago from Morristown N.J. depart
>>144834 THE END OF GERM THEORY - A MUST-WATCH SPACEBUSTERS PRESENTATION
>>144909 Lots of 82's - which I interpret as 8/28 coming up. 8/28 links to the 9/11 event - since symbolism is their downfall. This date range is important.
>>144929 BOXER41 USAF C-40C departed JFK Int'l after arriving from Accra, Ghana this is New US Ambassador to Kenya Meg Whitman returning from Nairobi and Accra, Ghana stops
>>144930 Leftist ex-rebel Gustavo Petro takes oath as Colombia’s president in historic shift-Algerians went to Bogota and the Spanish AF are leaving nao
>>144934 Planefag housekeeping: SAM394 USAF C-32ABlinkenlanded at Johannesburg South Africa about 24 hours ago from Manila departure
>>144938 Yen Shorts Crumble As 2022's Hottest FX Trade Comes to an End
>>144952, >>144956 Planefag:CONUS activity: Potato/Potata heading to Lexington, Kentucky: 09-0017 C-32A just departed Dover AFB, SAM691 SW-this decodes as a G5, SAM574 C-32A NE heading across the Atlantic, 2 US Navy Brass G5s one inbound from Stuttgart one SW from JBA, BOXER45 C-40C SW from JBA-BOXER 45 went to Little Rock Int'l
>>144956 Accidental drowning suspected in death of Arkansas judge
>>144962 SoftBank eyes Vision Fund layoffs after posting $23bn loss-moar stock buybacks and trying to sell Fortress Investment Group to the Arabs
>>144964 Nvidia Plunges After Preannouncing Terrible Q2 Results, Slashes Guidance, Blames "Macroeconomic Headwinds"-the carried inventory strikes again and the 'best' thing outta all of this?...we're continuing share buybacks-pretty bad when that is all ya got
>>144966 SAM679 USAF G5 NE from Huntsville Int'l, AL after about 30m on the ground-departed Ft. Knox earlier today after an overnight-it went to Peterson AFB yesterday for about 3 hours and then to Ft. Knox
>>144969, >>144970, >>144971, >>144972 Mkt Fag, Godzilla and Mecha-Godzilla present: Part #1: After the creation of the Federal Reserve system: WW1 began-a little history lesson
>>144976 Moscow Exchange to reduce use of dollars as collateral-tick...tock fer the dollar (this is small in comparison but the 'ball' is rolling)
>>144981, >>144987 China Property Woes Spark Longest Mortgage Debt Halt Since 2015-Chinese withholding mortgage payments on unfinished properties...contagion spreading
>>144988, >>144992 PRESIDENT TRUMP’S MAR-A-LAGO HOME RAIDED BY JOE BIDEN’S FBI — BREAK INTO HIS SAFE!
>>144989 SPAR12 USAF C-40C west from JBA-this is the AC that Nancy used on her 'trip' and yesterday it went to San Francisco Int'l and returned back to JBA a little over an hour ago-guessing the Nancy had an overnight at SFO-going to check up on 'Paul' and his shit show
>>145012 The raid on President Trump's home is only a pretext, and the first act. They will find something, anything, to put a charge on the books against the president-lotta theories out there
>>145013 FEDS RAID MAR-A-LAGO: Search warrant executed this morning, lasted for hours, Trump in NYC at time of raid, FBI seeking classified docs, reports say, White House says unaware of pending raid
>>145020 STATEMENT: House Minority Leader Kevin McCarthy vows Congressional investigation into DOJ after Trump's Florida home raided.
>>145023 Scavino TS: DO IT — 45! #TRUMP2024
>>145027 SAM668 USAF C-40C Samantha Power returning from Bogota from Colombia's new President being inaugurated
>>145036, >>145066 Eric Trump says safe at Mar-A-Lago breached by the FBI was empty
>>145040 X22 "Everyone needs to be ready for what happens next" Whitaker
>>145045 @realDonaldTrump supporters circle Mar-A-Lago in car caravans and on foot waving their flags. Law enforcement asks patriots to leave the premises, insisting that it’s private property.
>>145054, >>145060 Florida Rep. Anthony Sabatini calls for emergency legislative session to sever ties with federal government
>>145055 SAM574 USAF C-32A and VV100 USAF G5 went to Stuttgart as one US Navy brass G5 returned this morning from same >>144952
>>145061, >>145063 do you know which Q says the FBI will be folded into other agencies? was it just the C_A? 99% are guud Q drop #4794: "CIA Director Gina Haspel Is Blocking Declassification Of Remaining Russigate Documents" Some believe the protection of Agency is what matters most. Apply same to FBI. Apply same to State-SHADOW GAME
>>145067 SAM689 USAF C-40BWH NSOAC departed JBA and crossed the Atlantic-this one may also be going to Stuttgart
>>145069 Q Drop #4545 "Humanity is good, but, when we let our guard down we allow darkness to infiltrate and destroy. Like past battles fought, we now face our greatest battle at present, a battle to save our Republic, our way of life, and what we decide (each of us) now will decide our future...."
>>145076 Worst-Performing Precious Metal Silver May Have Seen Bottom-So here is yer clue that Ag is gonna get absolutely monkey-hammered on Weds (or very soon)..they NEVER write about just Silver
>>145077, >>145079 @kilmead: JUST spoke to @erictrump nothing in the safe, FBI agents 30 approx raided on behalf of nation archives…This is outrageous- has to have come from @POTUS and/or someone in White House.
>silver will not help
Ima just fine thank you
scripture doesn't feed you or clothe you or allow you to trade for other things
goodnight