>>20917731 lb
BOXER44 C40B went to Beirut after a Cairo stop
Belgium AF BAF72 Falcon 7x on ground at Sophia, Bulgaria-spook town
Economic Schedule for Week of May 26, 2024
The key reports this week are the second estimate of Q1 GDP, March Case-Shiller house prices, and Personal Income and Outlays for April. For manufacturing, the May Richmond and Dallas Fed manufacturing surveys will be released.
And yet moar hilarity from Atlanta Fed’s GDPNOW update on Friday, May 31st just in time to print it for the month-Latest estimate: 3.5 percent – May 24, 2024
https://www.atlantafed.org/cqer/research/gdpnow
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Monday, May 27th -
All US markets will be closed in observance of Memorial Day.
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Tuesday, May 28th -
9:00 AM: S&P/Case-Shiller House Price Index for March. The consensus is for the Case-Shiller National Index to increase 6.8% YoY, up from 6.4% YoY in February.
9:00 AM: FHFA House Price Index for March. This was originally a GSE only repeat sales, however there is also an expanded index.
10:00 AM: Dallas Fed Survey of Manufacturing Activity for May.
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Wednesday, May 29th -
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. (Rates dropped to 7% from 7.22% and in ‘meat’ of season)
10:00 AM: Richmond Fed Survey of Manufacturing Activity for May.
2:00 PM: the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts.
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Thursday, May 30th -
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 218 thousand initial claims, up from 215 thousand last week.
8:30 AM: Gross Domestic Product, 1st quarter 2023 (Second estimate). The consensus is that real GDP increased 1.2% annualized in Q1, down from the advance estimate of 1.6%. (this is less of a pipe dream than ‘Raphael’ at Atlanta Fed but still off by a lot)
10:00 AM: Pending Home Sales Index for April. The consensus is for a 0.6% decrease in the index. (This is dying and rotting from inside out and only get worse as no one with a brian swaps a 3-4% mortgage for 7%+ willingly)
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Friday, May 31st -
8:30 AM ET: Personal Income and Outlays, April 2024. The consensus is for a 0.3% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.3%. PCE prices are expected to be up 2.7% YoY, and core PCE prices up 2.8% YoY. (Thus the mantra of “higher for longer” will be repeated but watch out soon for the NYFED to start buying the short end as our gubmint is addicted to spending and financing it on short term debt issuance. They will keep Prime where it’s at but get it through yer brian that it’s the only thing the FOMC control.)
9:45 AM: Chicago Purchasing Managers Index for May.
https://www.calculatedriskblog.com/2024/05/schedule-for-week-of-may-26-2024.html
Need parts of the Fed but trusting anything tied to crypto and gold is asking for trouble.
Look at the history of gold in our monetary system before the Federal Reserve it isn’t exactly a ‘shining’ example of restraint.
Crypto is a cesspool nao and only if all the back doors are cleaned out if them (all of them have in one for or another) can there even begin to be used.
Also there are billions of ozs of unaccounted for Au both above (Golden Lilly is but one example) and in ground and the off world supply so there’s got to be a complete accounting of ALL of it before we go back to it.
They demonitized Ag for a reason and any monetary system going forward will need copious amounts of that and other commodities (to a lesser extent) in a non-futures traded environment.
Aye
Available to the people easily (for now) and look who holds all the Gold (in size)
The central banks
Our use of just gold has failed several times and rather spectacularly so it’s time for a basket of “stuff” that isn’t able to be manipulated via futures trading.
How that is done is not an easy task.
We’re seeing the end of paper-based finance implode in front of us as this is exactly what a papered over and dying system looks like
Only if it’s redeemable will it make a difference.
If not then no different from what we have.
Saying it’s gold backed is one thing.
Making it actually redeemable is another
>>20914959 lb
N757AF 757 departed Dulles Intl (it moved over from Reagan Nat.) after overnight and heading to Charlotte, NC and CMS for the 600
>>20918062 pb
Expect a flyover at track.
>although one driver plans to do it but unlikely as rain postponed start of 500 and gone are the days where a handful of drivers would do Indy500 and then they’d hop a jet to the 600 and if they lasted in the 500 they’d need a substitute driver to start the 600 that they would take over from as nascar rules allowed for it.
>Mucho respect to anyone that ever tried 500 miles in an open wheeler then 600 in a stocker on same day and I think only one ever completed both…Tony Stewart but he’s got some anger issues that cost another driver his life in a sprint car race or mebby different series but did habben and did do it.
When the good ‘ole boys first came to Sears Point for road course in ‘89 there were moar bent cars than ever! M. Waltrip obliterated his Country Time Pontiac HARD and it wasn’t yellow any longer and that accident almost took out a grandstand from the back-highest speed portion on track.
Pretty much shit his pants.
A group of us regulars at SPR took the lower series guys around in rental cars to show them the braking and turn in points as the all the big boys did the Jim Russel School-if they needed it.
Lotta fun, good memories and great people.
N254CA G4 still @ Manassas Regional Airport
This AC went ahead of N757AF yesterday and originally thought it was 45 as he has used this AC and it’s a short trip between NYC and DC
It’s linked to price but can’t walk in and get it.
Trips Chek’t and confirm please share that info when you get it afaik you can’t walk in and get it like our old money.
Semi-cumbersome demand delivery process different and understand that.
Talking walk in w/notes and walk out with weight in metal for said note/bill/digital 0’s and 1’s etc as a quick median of exchange.
>>20918739, >>20918972, >>20918990 PF: 45 heads to Charlotte Intl does a flyover at Charlotte Motor Speedway and lands in N757AF
Please add as above
Ty
FDR also demanded all silver delivered for making coins. Affected big holders the most
Later in 1934
Executive Order 6814—Requiring the Delivery of All Silver to the United States for Coinage
By virtue of the authority vested in me by the Silver Purchase Act of 1934 and of all other authority vested in me, I, Franklin D. Roosevelt, President of the United States of America, do hereby require the delivery of all silver situated in the continental United States on the effective date hereof, by any and all persons owning, possessing, or controlling any such silver, and do hereby require any and all persons owning, possessing, or controlling any such silver to deliver the same in the manner, upon the conditions and subject to the exceptions herein contained, such action being in my judgment necessary to effectuate the policy of the Silver Purchase Act of 1934
https://www.presidency.ucsb.edu/documents/executive-order-6814-requiring-the-delivery-all-silver-the-united-states-for-coinage
Ty for change baker
5:5