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Post Info TOPIC: Sen. Bob Menendez indicted


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Sen. Bob Menendez indicted


https://www.msn.com/en-us/news/crime/sen-bob-menendez-indicted-over-gifts-of-gold-bars-car-apartment/ar-AA1h6sn2?ocid=hpmsn&cvid=769fd899181d4d9da01b2b2b2349cb7d&ei=13

I think New Jersey can do better than this. It's not the senator's first time in trouble either, time for a purge.

And no, I'm not circling my wagons around this asshole because I expect better from my people.



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I'm sure his excuse will be "but everybody does it"... he's got this thing and it's fooking "golden" and he's not just going to give it away.

I dunno PowerStroker, it would seem they all do it in some way or another... but because it was a solid gold bar people will think it's just over the top - when in reality the insider trading done by most in congress makes his brick of gold look like chump change.



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I agree, Congress should be banned from insider trading.

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https://www.msn.com/en-us/news/politics/democratic-pressure-mounts-on-sen-bob-menendez-to-resign/ar-AA1h9Pka?ocid=hpmsn&cvid=908292ae21a046799032eaf000a86f67&ei=19

 

^^^Looks like Democrats don't instinctively circle the wagons when corruption appears within the party. Even if it means risking control of the Senate.^^^

 

Just wanted to point that out.



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Gold bars... I mean, that's just some biblical stank right there! 

It's not like they found an F-35 in his bathroom!

F_35.jpg



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Prolly won't be a "hung jury" this time. Dumbass came home with the gold and googled "how much is a kilo of gold worth"

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How much is a Kilo of gold worth now days?

Asking for a friend.



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WOW! No wonder Democrats are writing this dude off... He was stacking MAD CASH in bribes!

menendez-says-cash-found-home-160836387.html



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SELLC wrote:

How much is a Kilo of gold worth now days?

Asking for a friend.


 Kilo is 30 troy ounces. Think an oz is $2000 or more. 8 bars is 240 0z, about $480K. Not a bad haul.



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That's good to know! And Yes, that's a lot of dough!



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Actually checked, gold is around $1800 oz presently so the figure they came up with "$400,000K" was very close. BTW, silver and gold are low right now. They WILL be going up.

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I've noticed that since this whole Menendez thing that Costco is advertising it's 1oz gold bars for sale...

Have you purchased any of these Shawnee? I think they say the cost is $1876.76 for the African Gold bars and $1960.00 for the Suisse gold bars... limit two per membership -- mail order only, and the delivery thru UPS is insured to the full price.

I think they been doing this for a long time, well before the Menendez thing became big news.

Not the best news-desk for a link, but it was the best offering on Google at the time:

https://www.cnbc.com/2023/09/27/costco-is-selling-gold-bars-and-they-are-selling-out-within-a-few-hours.html



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No I can't afford gold. I do get some silver whenever I can. I use JM Boullion. JM not what pops up.

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Everyone has their favorites... I don't doubt that years from now these gold bars that are being sold will be worth half their value -- it's just the nature of the market. Prices go up, then they come down! That is how people make or save money... Hanging on to something until after you're dead isn't really my idea of making money off something. But if you have so much built up, I guess it's just a form of wealth storage.

Recently I took a big hit on AMC stocks... they were cheap, and I picked up a bunch for what I thought was a good deal... but then they were legally allowed to reverse split the stocks in what turned out to mean if you had 70 shares you now had 7 -- and their value was supposed to be reflective of that split, but it ened up where I went from 70 shares valued at $4-$5 each -- to only SEVEN shares, worth about $8 each!

And this was done with the blessings of the courts! Lost about $180, and now I am stuck holding the cocksuckers for who knows how long -- probably up until they go belly up and I lose the rest! But some would say,  "that is just the market"... but knowing they had to slip this past a Judge for approval just makes me somewhat bitter that they could legally dilute their stock price and pull off such a scam. Now I am stuck waiting until they clear $32 per share in order to get my money back, which might never happen! The 52W high is $92, but I doubt we will ever see them days again... 

So I guess what I'm saying is everything is a gamble. But having a physical chuck of rare metal seems a lot more fun than getting ass raped on the market by companies using the courts to dip into their cash liquidity on the market. 



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SELLC wrote:

Everyone has their favorites... I don't doubt that years from now these gold bars that are being sold will be worth half their value -- it's just the nature of the market. Prices go up, then they come down! That is how people make or save money... Hanging on to something until after you're dead isn't really my idea of making money off something. But if you have so much built up, I guess it's just a form of wealth storage.

Recently I took a big hit on AMC stocks... they were cheap, and I picked up a bunch for what I thought was a good deal... but then they were legally allowed to reverse split the stocks in what turned out to mean if you had 70 shares you now had 7 -- and their value was supposed to be reflective of that split, but it ened up where I went from 70 shares valued at $4-$5 each -- to only SEVEN shares, worth about $8 each!

And this was done with the blessings of the courts! Lost about $180, and now I am stuck holding the cocksuckers for who knows how long -- probably up until they go belly up and I lose the rest! But some would say,  "that is just the market"... but knowing they had to slip this past a Judge for approval just makes me somewhat bitter that they could legally dilute their stock price and pull off such a scam. Now I am stuck waiting until they clear $32 per share in order to get my money back, which might never happen! The 52W high is $92, but I doubt we will ever see them days again... 

So I guess what I'm saying is everything is a gamble. But having a physical chuck of rare metal seems a lot more fun than getting ass raped on the market by companies using the courts to dip into their cash liquidity on the market. 


 I don't trust the stock market or the people get you to invest then don't let you know when it's going to fail. I trust precious metals though. They will NEVER be worth 0.



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Oh forgor, Bob got a good nickname/ "goldbar Bob"

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Bit-Coin at close to $35k...

Blood in the streets...

Hold on to your hats!



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Weird shit going on. Go look at the usdebt clock and click the secret window.

Also ingersol lockwood and click on the rabbit.

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That secret window in the debt clock must be a new addition. Notice how the lines diverged right around the time trickle down Reaganomics and massive tax cuts for billionaires was implemented... Interesting but not surprising.

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You know, I clicked on that during a time the window was open and I couldn't really see any change? 

Am I just not doing it right? Or is this "secret window" a hidden icon or something?

We have all posted the national debt clock many times in the past... it has always been mind boggling - but there is a lot of moving parts in the US economy. 



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The message in the secret window changed. I wonder if it's new every day. The previous one showed a chart of worker productivity and wages rising together until around 1980 when productivity skyrocketed by wages remained flat.

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PowerStroker wrote:

The message in the secret window changed. I wonder if it's new every day. The previous one showed a chart of worker productivity and wages rising together until around 1980 when productivity skyrocketed by wages remained flat.


 Yes it is new, usually. I have seen it maybe 10 days, 2 weeks. It changes. There have been excerpts from Revelation, founders. Kinda a tell huh? FR is done. Clock is private, a billionaire family or so, founder passed but they are keeping it up. 

Keep watching, don't want any of youse to get blindsided. As I said before, be careful. We are going gold/silver backed. Note the us dollar to silver/gold,,, ZERO. Why? dollar is worth 0. In 100 years of the FR it went from a dollar was a dollar, to 3 cents buying power today. In say 1962 I could get a fullsize snickers 5 cents, now over a buck. Even a kid can figure that out!



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SELLC wrote:

You know, I clicked on that during a time the window was open and I couldn't really see any change? 

Am I just not doing it right? Or is this "secret window" a hidden icon or something?

We have all posted the national debt clock many times in the past... it has always been mind boggling - but there is a lot of moving parts in the US economy. 


 I'm not fully sure. Sometimes show nothing till you click on it. Then can't see nothin else. But I wanted to share it, I believe it's a strong message what is going on.

I watch bunches of financial guys too. I like Bo Polny, Kurk Elliot PHD for a couple. Much what I see is silver is the buy, even over gold. Look at the future predictions for gold/silver on the debt clock. Up there.

We are little guys, got to pay attention, you're stock broker isn't going to call you when stocks gonna crash, he calls his "big guys" and then too late. Seen that in the 1980 crash, whenever it was. 3 of us close buds in HS. One went broker. My buddy invested, he never got warning but others did. Lost everything.

WATCH close! Shit happening.



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I fiddle around on the market... it's more or less legalized gambling! 

Very small potatoes in markets, still fiddle with a little crypto here and there... noticed bitcoin getting back up near the $40k mark! That must mean it's being used to move money around again -- but it's way too rich for my blood! 

I realize things are getting more expensive -- all across the board! Back in the 1960's you could get a full sized candy bar for 5 cents, but you could also buy a new car for $2,000 and a home for $20,000! Absent a complete collapse of Government, I just dont see how we could ever go back to them times... gold standard or not. Something is for sure happening, but what exactly and when are the million dollar questions.



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Only 1 parent had to work was good!

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