Adams Economics
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Updates from John ADAMS - Australian Economic & Political Commentator
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This is my holiday reading. I am looking forward to this. The parallels between Germany 1920s & today are surprising!
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What a stamp! When Australians celebrated conquering the world!
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Rather than focus on what is important, Australia continues its path of decline.
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Forwarded from Middle East Memes โ€” MEM (Good Plenty)
โ€” ๐Ÿ‡บ๐Ÿ‡ธ BREAKING: President Donald Trump has ordered for all of the classified documents on the assassinations of John F. Kennedy and Robert F. Kennedy to be released to the public.

@Spectator_Global
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Trump has his highest net approval ever at +6% according to CNN! He is the first US President in history to have a higher net approval in their second term compared to their first term!
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WTF?

The office of budget & management & the Department of Government Efficiency discover that the US Government was about to spend $US 50 million on condoms for the people of Gaza!

Democrats are fucking nut jobs!
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NOTE! โœ๏ธ

ASIC is currently recruiting investigators. As part of their pitch, ASIC offers:

- "50-50 hybrid work from home model"

- "Flex Time"

- "A supportive culture where we celebrate wins & express appreciation"!

What an absolute JOKE! How can this organisation be a serious crime fighting organisation?
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๐Ÿšจ BREAKING ๐Ÿšจ

The TRADE WAR has begun!

Canada has responded to the President Trump & United States by imposing a 25% retaliatory tariff!

Trump is expected to escalate the trade war in the coming days in response to the provocations of Prime Minister Trudeau!
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NOTE! โœ๏ธ

The Australian dollar is at a 5 year low!

Now would be a good time to liquidate physical gold & silver to pay off outstanding debts!

This is my plan starting tomorrow!
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NOTE! โœ๏ธ

A few points of consideration:

- it depends on your life goals & circumstances. For me, having no mortgage gives me maximum flexibility to work on various projects.

- the Australian dollar is at a 5 year low against the USD, similar to 2020.

- if the tariffs come off, the Australian dollar will rally, allowing you buyback gold & silver cheaper in AUD terms.

- if the tariffs remain, it will mean that US interest rates will not be cut (they may actually go up) in 2025 which puts a cap on gold & silver prices in US dollar terms over the next 6 - 12 months.

- if gold & silver prices do go up, the Australian dollar will almost certainly go up as well.

In this case, the rate of return in Australian dollar terms will be quite limited.

- if you have no debt, carry on as you aware.

The reason why I survived the pandemic is because I had no debt & thus I was under no stress to take the jab.

I know people who are either dead or injured from the vaccine. At the end of the day, this is a survival game.
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๐Ÿšจ BREAKING ๐Ÿšจ

BIG NEWS! The NACC will now investigate 6 officials for corruption over the ROBODEBT SCANDAL!

https://www.nacc.gov.au/news-and-media/national-anti-corruption-commission-investigate-robodebt-referrals
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A member of the Canberra press gallery tells me this morning that Dutton needs a swing of 6% - 7% to form majority government.

Current polling suggests there is a 3.5% national swing to the Coalition - meaning that the Coalition can achieve more seats than Labor in the House of Representatives, but will be a post election negotiation with only 2 teals losing seats to the Coalition. (This would suggest that the ALP is likely to come back as minority government).

Apparently, the strongest swing to the Coalition is in Victoria, but some of the 6% swings to the Coalition are in safe Labor seats - meaning that the swing is happening in the wrong places to have any impact on the configuration of the House of Representatives!

What do you think???
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NOTE! โœ๏ธ

I know who is behind the Trumpet of Patriotsโ€ฆ. It is a guy from Adelaide - Nick Duffield.

He tried to recruit me last October.
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