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DavisStraight

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Posts posted by DavisStraight

  1. 2 hours ago, TauntonBlizzard2013 said:

    No, but the rise in wages has not followed a similar path that it did years ago, that’s not debatable. Gone are the days when mom could stay at home with 6 kids on pa’s salary from the hardware store.

    Growing up we had 6 kids and my parents living in a two family they owned with my aunt and uncle, only my father worked at the post office and we were fine. Went on vacation once a year, York Beach was popular. I think the mortgage was $74 and they split that with my aunt and uncle. We didn't have a lot but ate well and had fun, those days are gone.

  2. 9 minutes ago, TauntonBlizzard2013 said:

    My new gig is 6% raises every July for at least the next 10 years. I’ve personally never seen that type of increase, but I’m happy to get it 

    My wife's job is like that only they review you every year and decide whether its 1-6%, she's got 6% for years now.

  3. 10 minutes ago, Ginx snewx said:

    Have you looked? Schools are paying janitors 18 to 22 an hour. Huge bonuses for new hires. We aren’t talking mickey ds. It is time to start paying people but you know what. The owners don't absorb those costs you and I do.

    Restaurants are paying more too, they had to to get the worker back. When I was in Maine last month our waitress at one of the places were had dinner said she quit her corporate job because she makes $500 a night waitressing. She makes more money and works less hours.

  4. 20 hours ago, STILL N OF PIKE said:

    Miners made one heck of a move in the April - July period of 2020 .

    I just don’t trust that sector. They have runs but always get knocked back . 
     

     I know gold is a solid store of value and it loves falling real interest rates . It does look like GDXJ has a solid entry point (one year chart shows it’s down considerably)

    We have GDXJ in my wife's retirement account and has had a great return even with the ups and downs. I've made good money in gold stocks but they are volatile and it's probably best to take profits along the way.

  5. 3 hours ago, 40/70 Benchmark said:

    Why do you feel so threatened by anything that potentially supports wintery outcomes? Bit more confidence in a Canadian warming at 2-3:weeks lead than ENSO state at 8-9 months lead.

    Are you thinking early cold and snow this year?

  6. 8 minutes ago, STILL N OF PIKE said:

    Market is Somewhat interesting last couple weeks . It’s range bound but in a relatively bearish set up at least relative to the summer .
     

    Still below 50 day M.A and if it breaks the 4330  trading level there is a bit of an air pocket to 4130 (SP 500) . 

    A few lithium miners still interest me long term Most industry estimates predict lithium demand will increase by a factor of 10-12x by 2040. Independent analysis .  That is massive . Graphite is another one . (6-8x) 
     

    A couple companies really dominate that (Lithium) market on the supply side and China has the majority share . Ganfeng lithium is a company that seems  undervalued and just a monster in that space. 
     

    Many junior minors get publicity but are several years away from production and many things can go wrong on the way . The producers like Ganfeng, and other lithium miners (ticker OROCF) , even a up and coming producer like CXOXF Seems to have very nice tailwinds and trade at reasonable multiples  . Ganfeng just gobbled up the largest lithium deposit when their takeover bid of Bancora (In Mexico) was Just finalized . 

    Inflation also seems to be getting out of hand , between speculators bidding up prices of commodities and supply shortages piggy backing that trend and increasing input costs for more and more companies 

    The federal reserve look like clowns buying 80 billion a month in mortgage backed securities as house prices spike year over year up 15-20% . Bubble blowing blatantly because the debt levels are so high that high asset values are required to maintain solvency or household balance sheets and consumer spending . At some point , these imbalances are going to (“shockingly”) destabilize the system .

    I often wonder , if I was Investing  in the 50’s, 70’s etc would I have scanned the landscape and been this concerned just because it’s sort of something one buys into , I think there is definitely a psychological aspect to either response . Most folks don’t what to imagine that this System at its core is terminally ill and requires near constant intervention continually , I Mean what are the benefits and worries if your nest egg and finances are in that position (stress) . I always hope we can just kick the can and maintain our position as the world reserve currency and the standard of living benefits that come from that.

    I'm loading up junior golds right now, they hit rock bottom and I think are gonna bounce back.

  7. 1 minute ago, snowwors2 said:

    Wish we could...Besides the 6 month on/6 months off “deal” with my wife, we have to shut the plumbing down and the road in doesn’t get plowed down our way, and with all the tall pines, the risk of getting stranded is higher than she wants to deal with...I’ll have to “live it” via my cameras...Hopefully one upcoming winter we’ll “bend the rules”!?! 

    Get a wood stove and rough it for a week.

    • Like 2
  8. 2 hours ago, snowwors2 said:

    Heading home a week from today after arriving mid-April ...It’s been everything and more than my wife and I expected!

    Solar, Elon Musk’s Starlink Internet, Tempest and Blink cameras installed ready for some winter weather remote viewing!

    Just south of last night’s aurora  borealis but we did have this beautiful Sundog this evening (just left of center)‼️

    2604E50E-48BC-41CC-A938-666DED09B9A0.jpeg

    Awesome, we've been looking too but not quite as far up as you are. I have nest and it's great. You going up in the winter?

    • Thanks 1
  9. 1 hour ago, PhineasC said:

    Agree with PF, despite the temps the plants are getting really tired now. Tons of chipmunk action. I’m sure they are enjoying these temps. 

    This is time of year I find them dead on my porch, my cat gets busy. I'd prefer he concentrate on the mice who have been shitting in my basement but I guess I'll have to do my part.

    • Like 2
  10. 2 hours ago, SJonesWX said:

    i can't stand how early they winterize. no threat of a deep freeze for at least a month. i do mine myself, rent the big compressor, makes it an easy job. I just have to wait until all the contractors return the rentals-early Nov works for me.

    They make a ton of money opening and closing the systems. One guy I met said he didn't have to put another system in and he could live off the ones he services.

  11. 1 hour ago, dendrite said:

    Yeah I don’t think I can go that route. There’s no way my girl will sit that still for me either. I just want to be able to get a small amount of food into her mouth at a time and let her swallow on her own…not stuff a tube down into her crop. 
     

    I got a good 6-10 sardine tails in her last night, but she needs more throughout the day. Hopefully she realizes she needs to bite and not peck her food now. 

    Might be a stupid question but will the beak grow back?

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