patrick.net

Walmart and Amazon reported to have too many workers
by ad on 22 May 2022   10 comments, latest 6 days ago
I was reading on ZeroHedge about Walmart and Target reporting a spike in inventory to sales ratio. I wonder if this is due to theft. More inventory being stolen means...

deja vu all over again ... just like dot com bust ...
by ad on 21 May 2022   14 comments, latest 7 days ago
Look at these stocks. Then think about others like Palantir. This reminds me of the dot com bubble back in 2000. Remember Pets.com and Garden.com ? ..

oil rig count continues to steadily increase
by ad on 21 May 2022   3 comments, latest 8 days ago
With demand dropping off due to inflation and a recession, and more rigs being added, get ready for oil prices to drop and even crash within 6 to 12 months...

silver dime buys gallon of gas
by ad on 1 May 2022   5 comments, latest 16 days ago
The amount of silver and value of a silver dime is equivalent to the cost of a gallon of gas since the dime entered circulation. Please read more below...

housing prices peak
by ad on 29 Apr 2022   131 comments, latest 17 days ago
.https://finance.yahoo.com/new Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more...

one sign the economy is slowing or impoding
by ad on 26 Apr 2022   13 comments, latest a month ago
Panama City Beach (aka: Redneck Riveria) is showing a major slowdown in tourism.

S&P 500 valuation and tech stock valuations
by ad on 24 Apr 2022   3 comments, latest a month ago
Here are the PE ratios for these companies (source: Google finance):Facebook: around 13Google: around 21Apple: around 24Amazon: around 44.5 AMD: around 34S&P 500: 21.5 (source: Multpl.com)These are not overvalued companies...

IRS Picks Up the Phone Only “19 to 20 percent” of the Time
by ad on 10 Apr 2022   7 comments, latest 2 months ago
IRS Commissioner Charles Rettig testified to the Senate Finance Committee today. Rettig said agents are only picking up one in five taxpayer phone calls.Rettig said: “We are currently running around...

Venezuela
by ad on 4 Sep 2020   3 comments, latest 9 months ago
Venezuela’s oil industry—rich in reserves, a crucial Allied resource in World War II, a founding member of OPEC—is grinding toward a halt.Venezuela has greater oil stores than any other country....

AntiFa poser photos
by ad on 20 Jan 2021   5 comments, latest a year ago
There were plenty of AntiFa operatives at the Capitol riot. The ones that had a history of AntiFa activism were careful to cover their faces and not get caught, let's...

Snowden pardon
by ad on 3 Sep 2020   6 comments, latest a year ago
My Congressman ... XOXO.....By Andrew Blake - The Washington Times - Thursday, September 3, 2020Rep. Matt Gaetz of Florida became the latest Republican congressman Thursday to recommend President Trump pardon...

bitcoin and gold
by ad on 17 Oct 2020   380 comments, latest a year ago
.Raoul Pal, former Goldman Sachs hedge fund manager, recommending bitcoin and gold .

Economists sound the alarm on housing affordability
by ad on 15 Dec 2020   23 comments, latest a year ago
.https://www.marketwatch.com/a Amid an economic crisis, high unemployment, and calls for the continuation of mortgage forbearance and foreclosure protections, home sales have been remarkably strong, and prices have continued to rise....

Chinese official calls Africans lazy in Chicom documentary called Empire of Dust
by ad on 13 Dec 2020   5 comments, latest a year ago
.This video: .is from this movie: http://www.savagefilm.be/docum .

Disney announces another round of layoffs
by ad on 26 Nov 2020   9 comments, latest 2 years ago
In an update from projections announced in September, Disney announced Wednesday that it will lay off 32,000 employees in the first half of 2021, culled primarily from the company’s theme...

stocks nearer 1999/2000 valuation levels
by ad on 24 Nov 2020   19 comments, latest 2 years ago
.Stocks are in extreme bubble territory close to 1999/2000 levels: https://www.longtermtrends.net Mad Money's Cramer says this: https://www.cnbc.com/2020/11/2 .

Millions of Americans Expect to Lose Their Homes as Covid Rages
by ad on 23 Nov 2020   48 comments, latest 2 years ago
.https://finance.yahoo.com/new .

Dems want to have control over Senate
by ad on 4 Nov 2020   2 comments, latest 2 years ago
They want Democrat control over the Senate primarily to prevent any investigations of Joe Biden being compromised by the Chicoms. I think that is the primary reason. Then of course,...

long term effect on gasoline consumption
by ad on 1 Nov 2020   17 comments, latest 2 years ago
Good article at https://wolfstreet.com/2020/11 Look at how gas and jetliner fuel consumption has dropped. Granted, TSA daily passenger count dropped to 5% of 2019 levels in April 2020, and has...

sectors that have fared worse than S&P 500
by ad on 25 Oct 2020   4 comments, latest 2 years ago
.Vanguard's S&P 500 etf is up 8.84% year to date (YTD). It was down 32.5% compared to its February 2020 (last all time high) level back in late March 2020.I...

6 million households failed to make their rent or mortgage payments in September
by ad on 18 Oct 2020   10 comments, latest 2 years ago
https://www.usatoday.com/story This has been trending down (just like the unemployment rate) as in September 2020 about 6.2 million households failed to make rent or mortgage payments.

Facebook seriously hacked for last 30 minutes
by ad on 17 Sep 2020   9 comments, latest 2 years ago
.Its a total blackout. Cannot log in as you get an error message. I wonder if it is some Chicom hacker group like Apt 41 again that is disrupting internet...

scientists state observations of COVID-19 that imply it was man made
by ad on 18 May 2020   29 comments, latest 2 years ago
.This may explain perhaps why the COVID-19 is man-made and was created as a bio weapon..

India reduced open defection by 50% over last 20 years
by ad on 13 Sep 2020   17 comments, latest 2 years ago
https://www.cnet.com/news/indi India is the No. 1 country in the world for open defecation, with over 344 million people without regular access to toilets in the country, according to 2017 statistics...

implied black nationalism or separatism
by ad on 12 Sep 2020   16 comments, latest 2 years ago
(CNN)"Welcome to Freedom!" exclaims real estate agent Ashley Scott as she surveys the nearly 97 acres of land that she and a group of 19 Black families purchased in August."I'm...

Gaige Grosskreutz and Kenosha shooting
by ad on 11 Sep 2020   3 comments, latest 2 years ago
.What the USA Today article omits is that Gaige Grosskreutz is a member of the People's Revolution Movement of Milwaukee .... there were AntiFa groups being bused into Kenosha with...

work from home means work from anywhere
by ad on 6 Sep 2020   38 comments, latest 2 years ago
.https://www.axios.com/coronav I wonder how long this will last or will it be permanent and a major disruption on cities or regions like New York and San Francisco/Silicon Valley..

'NYC is Dead Forever’ author responds to Seinfeld, 'Don't know why he attacked me'
by ad on 5 Sep 2020   7 comments, latest 2 years ago

California DA charges an AntiFa rioting for false imprisonment
by ad on 3 Sep 2020   3 comments, latest 2 years ago
https://www.washingtonexaminer A district attorney refused to accept petitions demanding charges filed against the organizer of a Black Lives Matter protest be dropped.Protesters rallied outside of the San Luis Obispo, California,...

More than 50% of all San Francisco stores are no longer in business
by ad on 25 Aug 2020   15 comments, latest 2 years ago
https://sanfrancisco.cbslocal.

Boeing to lay off 12,000 this year
by ad on 27 May 2020   9 comments, latest 2 years ago
.https://www.thestreet.com/mis About 9,000 of the job cuts are in Washington state..

hypocrisy of white liberals
by ad on 1 Aug 2020   Posted 2 years ago
.https://www.cnn.com/2020/08/0 "There can't be real change until White people are willing to give up some power and resources where they live, says Matthew Delmont, author of "Why Busing Failed: Race,...

China ambassador to USA gives warning
by ad on 21 Jul 2020   1 comment, latest 2 years ago
.https://www.cnn.com/2020/07/1 In response to claims by some in the West that under President Xi Jinping, China has become more assertive, expansionist and repressive power, Ambassador Cui said "people have to...

home prices to drop 6.6% from June 2020 to May 2021
by ad on 7 Jul 2020   32 comments, latest 2 years ago
.https://markets.businessinsid US home prices are set to fall over the next year as the coronavirus pandemic continues to slam the economy, according to a report from CoreLogic. The group predicts...

debt to GDP ratio of at least 115%
by ad on 27 Apr 2020   3 comments, latest 2 years ago
Coronavirus Aid Relief and Economic Security (CARES) act is about $2.1 trillion which includes about $500 billion in loan guarantees. There was another $450 billion passed.So figure about $2.6 trillion...

economy versus stock market
by ad on 22 Jun 2020   9 comments, latest 2 years ago

mortgage and rent defaults for June 2020 payments
by ad on 22 Jun 2020   10 comments, latest 2 years ago
.https://www.zerohedge.com/per .

hedge fund billionaire warns of another Lost Decade
by ad on 20 Jun 2020   2 comments, latest 2 years ago
Ray Dalio of Bridgewater warns of another "Lost Decade" for investinghttps://www.marketwat ‘Even if overall profits recover, some companies will die or their shares will devalue along the way. Left with...

Modern Day version of Mao's Red Guards
by ad on 19 Jun 2020   3 comments, latest 2 years ago
"The mob is the most ruthless of tyrants” -- Friedrich Nietzsche>>>>>& High School Students and Alumni Are Using Social Media to Expose RacismLearning has been online and remote this semester....

airline passengers at 21% of last years passenger count
by ad on 15 Jun 2020   Posted 2 years ago
.Warren Buffett bought airlines stocks in mid 2016. The best case is Buffett lost about 35% selling off all his shares of airlines stocks.Track various data like passenger load factor...