Wrapping Up The Monthly Closes – US Markets and Metals
Chris Temple joins me to wrap up the markets for this week and more importantly the monthly close. We discuss the US markets at all time highs and the metals sector closing at some key lower technical levels. We also look at the trade situation with Canada not able to reach a deal and join the US and Mexico.
Click download link to listen on this device: Download Show
Click here to visit Chris’s site for more market and company commentary.
I would say this is the inflation value……..$600 in 2006………$1200 in 2018…….(really should be more)………….JMO
I’m looking at new phones recently. It looks like the price of the iPhone has more than doubled over the past 10ish years (depending on how you look at it). There are a lot of economic factors pulling on each other right now. It is really painful to watch it play out in slow motion, one day at a time. Would be nice to get a glimpse of a monthly chart in the year 2020.
FWIW. You might look at a Motorola product. My son mentioned a week back to me that he uses them (Sells security software world wide). 1/4 the price and 80+ percent of the bells and whistles.
Thanks all. Great advice. I’m still looking at what I’m going to get. So far the cheapest option might be to keep my same phone, haha
I am up really big………..I have saved a fortune……….I do not own an Iphone…..
still working from my flip phone…… 🙂
anyone younger than 30 do not look………
https://www.google.com/imgres?imgurl=https://upload.wikimedia.org/wikipedia/commons/thumb/3/30/DonAdams.jpg/250px-DonAdams.jpg&imgrefurl=https://en.wikipedia.org/wiki/Shoe_phone&h=305&w=250&tbnid=C4QXOlKIVW0aWM:&q=smart+shoe+phone&tbnh=160&tbnw=130&usg=AFrqEzdO8kh0SAV_UJhhq-_uK8jro9e-zA&vet=12ahUKEwja3_SAvpjdAhUl6YMKHTQcAlQQ9QEwAHoECAcQBg..i&docid=7B3l1wBuyHPA1M&sa=X&ved=2ahUKEwja3_SAvpjdAhUl6YMKHTQcAlQQ9QEwAHoECAcQBg
It’s amazing that people are carrying around gadgets in their pockets that cost so much.
Heck, get a top of the line iPhone and all the accessories and in places like Commiefornia where the sales tax can be 10% and your looking at 12 or 13 hundred dollars.
Then people also carry around tablets. Between a top end tablet and phone you could easily be carrying close to 3 grand of electronics around.
And then it gets stolen or dropped and broken and you wish all you had was that shoe phone.
Combined with something useful, you could be looking at over 10 grand 🤑🤠
http://bowenclassicarms.com/image/links/turnbull_manufacturing.jpg
I tell you Matthew, the gizmos these days are pretty amazing.
I’ve got a Surface clone that I can throw in the back pack or day pack and go off in the wilderness and get a day’s work done if I want. I’ve got SQL Server loaded on it with a bunch of databases that have about 200 GB of data.
I’m old enough to remember when a 10 MB hard drive and a 2400 baud modem was a big deal and very expensive.
I can remember when IBM made a very good living rent out 100MB – MB – drives weekly to companies for several thousand pounds per drive.
I can also remember when wagon wheels were made of wood and not chocolate. When ladies had bussels and if you didn’t have at least one life threatening plague by the age of 5 you were a wuss.
Oh, hang on… I might be making this all up 🙂
Amazingly the future of data storage is mag tape. I’m old enough to remember backing up with half inch mag tape.
https://spectrum.ieee.org/computing/hardware/why-the-future-of-data-storage-is-still-magnetic-tape
Xiaomi Redmi Note 5 Pro – cost me £150 and does well over 90% of what an iPhone does. Bought mine a few weeks ago from Hong Kong and loving it.
Gold looking good……….holding steady at $1200 usd