Elected Leaders
The national primaries just ended. I find them more interesting than election day. Why, you ask? Because all the lies and innuendos by running candidates, exposes them for the phonies that they are. The Republicans love to claim that they are conservative. They imply by this moniker that they will be for a balanced budget, against taxes and against government into private enterprise. Well, take Idaho for example. It is a solid Red State. One Republican candidate put ads on television saying his opponent for governor supported taxes on food, businesses, etc. This renominated Republican governor has inplace taxes on food, businesses, etc. Another Republican candidate for Congress, voted for every stimlus package, never mentioned a balanced budget and he has been in one government office or another for over forty years. I guess he is not for term limits either? This is why I do not vote. I will not validate these crooks. Someone should do a documentary on the phonies in both political parties. This is another example why our nation needs a new third political party, the Liberty Party that is for the people.
Market
Interesting, sad fact: Everyone who purchased stock shares of the NASDAQ since the November 2020 lows, is in a losing position. We, at Evolution still stand by our projected calls on the major indexes. If we are correct, we will reevaluate our call at that time. We look strongly at volume.
NSA
Our Big Brother spy operation made a brief announcement this month. They said that now there is no back door into the US by hackers or questional governments because everything is encrypted. I don't know about you, but this scares the hell out of me. It implies that previously there was a way into our data systems. Once you are in, the only way to exterminate the intrusion is to wipe out the system and to start all over again. I do not know how to do this, but our tech leaders need to do this to protect the security of the nation and citizens from hackers.
Crypto Death
It is estimated that 40% of all crypto currency investors are in a losing position. We warned our readers that crypto is not the answer to our banking and currency problems. All crypto does is replace the banking idustry with a new unknown banking industry. The bitcoin is even phonier than fiat. Precious metals has a proven record, but the fiat people control the media and education within our society. A gold foundation has made any nation using it strong until the corrupt nature within man manipulates to weaken a gold/silver curency foundation. Then, that nation falls like Rome, Spain and England with the US heading in that direction. Vote with your dollars. Forget crypto, buy gold and precious metals!
More Retail Doom and Gloom
Many retail firms saw the ramifications of COVID. They realized that lockdowns could cause supply problems. When they had the chance, they doubled up on their orders. Even though many items are in short supply, most retailers were able to weather the storm of the bottlenecks in the supply chain. However, the inflationary effects of food, energy and housing/shelter are causing spending concerns by consumers. Keep in mind, the Ferderal Reserve does not include any of the big three in their phony matrix formula. Like we always say, "End the Fed!"
Anyway, this consumer cutback on spending is causing a new concern for retailers. Their inventories are too high and they already have to consider next Christmas. Big discounts will be coming this summer. Cash is king!
Fed
Speaking of the devil, President Biden renewed Chairman Powell's term as chief central banker. He immediately got on his puplit to say that he will fight inflation with rates hikes. It is like in the Godfather, whoever claims that he is not the leak, is the leak. We predict that Powell will BLINK! Why, you ask? Because the concept of the central bank is for the wealthy and big business. Their unwritten motto: Privatize the profits, socialize the losses. Quess who the socialize are? They also helped to make the military presence strong by financing our debt. Don't misread this. I am for veterans. But I am against war and the Pentagon presence in our lives. To give you an idea of the Fed's destruction of our dollar, consider this: In 1966, a private was paid $89 per month with a high risk on life. Today, a private gets $386.50 per month with a medium risk on life. Let us repeat ourselves. End the Fed!
New Tech n' Transport
Harley Davidson is teaming up with Google to bring SmartPhone technology to their bikes, most notably their new electric rides. You can get maps, etc. from the handlebar.
A German medical research team is developing tech to work with paralized people. Believe it or not, a disabled person can direct to drive a vehicle through a straw that senses mental pluses that can be interpreted to direct a car. This is a self-driving on a whole new level. Wow! Peace.
