Tag: jerome powell

Palladium Rhapsody (lyrics only)

Palladium Rhapsody (lyrics only)

With the success of the movie Bohemian Rhapsody, and the coming apart of our financial bubble (this time, it SEEMS like the real deal, but we’ll see..), it feels like the perfect time for a song parody.  I admit to being inspired by- and also “borrowing” liberally from- the creative “Crypto Karaoke” account on YouTube.  Try this at a karaoke bar- for the 5% of the audience who get the joke, it will be worth it!  Enjoy…

Palladium Rhapsody
-Original Lyrics from Queen’s “Bohemian Rhapsody”
-Original Parody from Crypto Karaoke’s “Blockchainian Rhapsody

Is this the real life?
Or is it fantasy?
Caught in a stock slide,
No escape from a bankruptcy.

Open your eyes,
CNBC lies, you see…
I’m just a poor boy,
But that will change instantly, because
Bull markets come, bull markets go.
Buy gold high, buy gold low.
Anywhere its price goes,
doesn’t really matter to me…to me.

Hold on…stick with the plan.
Don’t let the FED inside your head,
Though precious medals might seem dead.
Hold on, the gold bull’s just begun.
If you sell now you will throw it all away.
Hold on, ooo-woo-ooo!
The dips will make cry,
But the price will come right back this time tomorrow.
Hold on, hold on,
Because the price now doesn’t matter.

Too late.
Nasdaq’s time is done.
For years tech stocks were all buys.
Now it’s time for them to die.

Goodbye fiat money.
I’ve got medals.
There’s no need for all the brokers who steal from you.
hold on, oo-woo-oo!  (“any way the market goes”)
The fiat system’s gonna die.
Gold’s dips are your chance to go buy some more.

(guitar solo)

“I see The Federal Reserve’s brilliant plan!”
“Where’s The Proof?
Where’s The Proof?
Are They Even A Real Bank Though?”

“Markets Are All Crashing,
Trolls Are Really Bashing Me!”
“Bartiromo! Bartiromo! Bartiromo!  Bartiromo Bartiromo let me go!  (Manifico-o-o-o….)”

“I’m Just A Poor Boy,
Don’t Have Any Gold To See…”
“He’s Just A Poor Boy,
Bought Stocks For His Family.
Now He Will Pay For This Monstrosity!”

“Easy Come, Easy Go
Will You Keep Rates Low?”
J. Powell
“No!  I will Not Keep Them Low!”
“Keep Them Low!”
J. Powell
“I will Not Keep Them Low!”
“Keep Them Low!”
J. Powell
“I Will Not Keep Them Low!”
“Keep Them Low!”
“Will Not Keep Them Low!”
“Keep Them Low!”
“Will Not Keep Them Low!”
“Keep Them Low-ow-ow!”
“No no no no no no no no!”

“Oh, my Maria
My Maria
My Maria Bartiro(mo)…

The bubble popped, now why won’t you start listening to me, to me, to meeee!”

(guitar kicks in)

“So you think you can mock me, just give it a try…
as you bought all your stocks near their all time highs!
Oh, baby, get out of your stocks, baby!
Just got to get out, just got to get out of stocks here!”

“The stock price doesn’t matter,
All of you will see
The stock price doesn’t matter…
the stock price doesn’t matter…to me.”

*outro*

(“Your money should go into gold.”)

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Why write a long blog post, when a picture is worth a thousand words…

Why write a long blog post, when a picture is worth a thousand words…

…not to mention a few thousand points on the Dow??

(disclaimer- I didn’t create the image on the right, so whoever actually did is free to take the credit.  Everyone on the Internet already knows that I didn’t create the image on the left.)

With all the many topics that get debated these days- some of which are so trivial- it amazes me that one of the most important issues of our time goes untouched- Why do we allow one single person to control interest rates for the entire U.S. financial system?  (Woodrow Wilson could not be reached for comment, on account of being dead for 94 years.)

Anyway, what the so-called “permabears” have been warning about for years, even decades, seems to finally be at hand.  It’s still early, but that’s kind of the point- what happens when the wheels REALLY fall off this time?  The Fed managed to put them back on twice already in this still-young century.  Can they do it again, or has luck run out (FINALLY) for those who have put faith in this financial system’s ability to bounce back, from one Fed-induced crisis after another?  As of now, current Fed chairman Jerome Powell doesn’t even seem interested in saving the system, but he likely doesn’t realize what danger it’s in, or just how fragile his predecessors- specifically Alan Greenspan, Ben Bernanke, and Janet Yellen- have set it up for him.

Stay tuned….