December 2019 Economic Rant

(This is the longest Rant ever. Ray Dalio is betting $1.5 billion the S&P 500 will crash by March. Please consider joining him.)

“War is a racket. It always has been… A few profit – and the many pay. But there is a way to stop it. You can’t end it by disarmament conferences. You can’t eliminate it by peace parleys at Geneva. Well meaning, but impractical groups, can’t wipe it out by resolutions. It can be smashed effectively only by taking the profit out of war”. -Smedley Butler”

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Democracy only gives people the kind of government they deserve. – David Goldman “How Civilizations Die”

COULD GOLD FALL TO $900 IN 2020? SILVER TO $10?

This chart is from Sunshine Profits. They feel gold and silver are going to have one last take-down in late 2020- and then go to the moon. This is possible certainly. If the Final Bottom comes in 2020 after 9 miserable years (April 2011) that would be wonderful. JPM and the Big Banks are still steering the wheel thru the COMEX futures market. This manipulation will end horribly as all manipulations do. Reality always wins in the end. Gold and silver have been the only real money for 5,000 years now. Our Constitution says that. All currencies have failed, every single one of them. Today no currency on earth has any value for the first time in recorded history. Every currency is in a race to the bottom. This is just more proof it is End Times.

Let’s just say this is an accurate prediction. That means we wait maybe another 8 or 10 months (or less) for metals and miners to make their Final Bottom after nine and a half years. That means you can pick up cheap silver (if it is even available at that price level) and it’s Blue Skies Ahead! You’ll be the 1 in 1,000 (or maybe the 1 in 10,000) who has silver. The Great Reset will make everyone else poor and you rich. The massive historical Paradigm Shift will occur. Stocks will fall. Bonds will collapse. Real estate will crater. All currencies will lose their value. The incomprehensible quadrillion dollar derivates will implode, and destroy the entire world economy. All of us will be rich when- not if these things happen. The entire issue here is worldwide DEBT on a scale we cannot even begin to grasp. Remember that the Big Bankers own massive amounts of gold and silver. The International Monetary Fund, the World Bank, J.P. Morgan, the Rothchilds, and the rest of them are up to their ears in precious metals. They’re evil, not stupid. Please remember that. They know what is happening, and they prepared for this a long time ago. Follow the winners. Who can answer the question of where the 8,000 tons of U.S. gold went? Where is it? Who has it? Ft. Knox and West Point have empty gold vaults. Yes, we’ll continue to keep repeating this. We have no gold or silver. It’s been gone for over 50 years now. An official audit must be done by federal law every 10 years, yet none has been done in over a half century now. The U.S. dollar is toilet paper, like all the other currencies in the world. (Please enlarge this chart to see the detail.)

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Silver is $17 and the most undervalued asset on earth. That doesn’t mean you should run out and buy it today. There is a very good chance silver will continue to fall in 2020. Keep accumulating as much cash (e.g. u.s. government counterfeit “money”) as you can.

MORE PROOF OF GOLD AND SILVER SHORT TERM BEARLISHNESS

This four year chart is very short term ominous for us. It equally applies to silver. High open interest (OI) is bad for us, and the OI for both is really, really high. Look at mid-2016, and you can see gold had extreme OI. The prices fell badly for six months. Now look at November 2019, and it is even worse. A gold chart is more reliable than a silver chart, since silver is far more volatile. Right now the OI for silver is 222,000 vs a $17 spot price. For gold 719,000 vs a $1,460 spot price. The usual gold OI is about 450,000. You can expect lower levels of metals and miners to continue for the short (and even medium) term. This is why you should stack cash right now. Yes, silver is the most under-valued asset on earth, and gold second. That doesn’t mean you should buy them today. This is an important chart! The COT report for the 22nd showed the commercials 319,000 net short gold and 67,000 net short silver COMEX futures contracts. No COT report on the 30th. These are high numbers.

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DO NOT GET FLU VACCINE- BRITISH JOURNAL OF MEDICINE EXPOSES SCAM
The CDC used to issue the same figure every year; 36,000 die from the flu. Then they modified that rote estimate, when it was finally challenged. They equivocated: “Flu seasons are unpredictable, and can be severe. Over a period of 30 years, between 1976 and 2006, estimates of flu-associated deaths in the United States range from a low of about 3,000 to a high of about 49,000 people.” ACTUALLY, ONLY 18 PEOPLE DIED FROM THE FLU IN 2001, NOT 62,034
In December of 2005, the British Medical Journal (online) published a shocking report by Peter Doshi, which created tremors through the halls of the CDC. Here is a quote from Doshi’s report, “Are US flu death figures more PR than science?” (BMJ 2005; 331:1412):
“[According to CDC statistics], ‘influenza and pneumonia’ took 62,034 lives in 2001—61,777 of which were attributable to pneumonia and 257 to flu, and in only 18 cases was the flu virus positively identified.” 18 DEATHS, NOT 62,034

ELON MUSK MAKES P.T. BARNUM LOOK LIKE AN AMATEUR

Elon makes overpriced golf carts, and can only sell them because of government subsidies YOU, the taxpayer, pays. That’s right you help pay for every single golf cart he sells. Then he wants to fly people to the moon with SpaceX. Now he has a Cyberjunk Truck for $40,000. He claims he has presold 200,000 of them. What a lying sack of dog doo doo! He hopes to start producing the first one in 2021. He wants to colonize Mars in 2024. Seriously, he wants to establish a human colony on Mars. NO ONE HAS EVEN BEEN TO THE MOON. It is physically impossible due to the extreme deadly radiation. The fake 1969 U.S. moon landing was a Hollywood hoax directed by Stanley Kubrick. Elon is a billionaire psychotic, and millions of people are believing in him. This has gone on for years now. He promised to send people to the moon in 2018. Are people really this stupid? YES, THEY ARE!

SEE THE FLAG WAVING IN THE WIND? THERE IS NO WIND ON THE MOON!

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There is no atmosphere, no wind on the moon. Actually, it is an “exosphere”. Also, there are no stars in the sky. Where did the stars go? Did they take a break? Go on vacation? Turn themselves off at night? Stanley confessed to the hoax in 1999 just before dying:

“I perpetrated a huge fraud on the American public, which I am now about to detail, involving the United States government and NASA, that the moon landings were faked, that the moon landings ALL were faked , and that I was the person who filmed it.” Hit this link:
Remember when Stanley Kubrick ‘faked the moon landings’?

AMERICA- 4.3% POPULATION, BUT 31% OF THE WORLD DEBT

The fact America owes over 700% more debt than other countries should concern you very much. WE OWE OVER 700% MORE THAN THE OTHERS. Japan and China are also big debtors, but not nearly as bad as we are. We are the biggest debtor on earth, and should be ashamed of that. We are drowning in debt ,while the liberals are moaning about fake Global Warming. We are going to pay this debt in the form of the Much Great Depression, the Great Reset, the Massive Paradigm Shift. You can bet on that. Get ready for this. Be prepared. Stack cash for now, and load up on silver when the price falls.

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END THE DRUG ADDICTION EPIDEMIC BY LEGALIZING DRUGS

It is November, and we are in Costa Maya Mexico. Mexico long ago legalized opiates. This immediately reduced drug usage, and PUT AN END TO OPIATE DEALERS the very next day. We just walked into a farmacia and bought one 10 mg oxycodeine (no fillers) for $7. No one was waiting in line. They also offered Vicodin and Percoset. The one lady was alone and put three bottles of pain medication on the counter worth probably about $1,000 (150 pills X $7). No one was there to steal them. In America the pharmacist wouldn’t put one pill on the counter without seeing a prescription! She was selling very few of them actually. THE STREET PRICE IN AMERICA IS $10 for 10 MG. The legal price in Mexico is down to $7! $10 and you’re a criminal, or $7 and you’re law abiding citizen. Isn’t it funny they have no “opioid epidemic” with legal $7 oxycodeine and other opiates? There is no more false allure, superficial charm, or coolness in Mexico now regarding them. All drugs were legal in America for 138 years until 1914. We need to return to that. Strangely enough, George Soros wants to legalize all drugs. Libertarian George? If Mexico legalizes magic mushrooms and ecstasy we’ll be sure to let you know! MEXICO HAS NO DRUG EPIDEMIC. Also, the farmacias at the ports do not sell opiates. You have to go into town. There is simply no opiate crisis in Mexico with legal drugs. Read the articles Pain Medication and You Don’t Need an Rx for more information.

This is getting ridiculous! We’re in Cozumel now, and the price for 10 mg oxycodeine is down to $6. You not only have to leave the port, but you have to leave the main street across from the port. Again, the pharmacist said he sells very little pain medication. Lots of various OTC drugs, but few opiates. No one is interested. The media is not reporting drug legalization in Mexico. The Internet is not reporting it either. The authorities don’t want you to know that drug legalization works. THIS NEWS IS COMPLETELY BLACKED OUT.
Vincente Fox, the ex-president of Mexico has been calling for FULL DRUG LEGALIZATION for decades now. This would put an end to the cartels overnight. Hit this hyperlink:
Vicente Fox: Legalizing drugs is the way to combat cartels

BIG MICHAEL OR LILTTLE MICAHEL FOR PRESIDENT? THE FIRST LADY WAS A MAN WITH A BIG JOHNSON

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Moochelle Obongo is actually a 5’11” (shoe size 11.5) man named Michael Robinson, complete with a big male johnson. Obongo often called “her” Michael in public. Yes, we had a two term homosexual Manchurian Candidate for president complete with fake background, fake birth certificate, fake children, and fake wife. The First Lady was a man. Can you now see this is really, seriously End Times? Some psychotics seriously, no kidding around, want “her” to run for president.

Little Michael Bloomberg is a 77 years old, 5’6” tall Jewish communist. The Democrats simply don’t have even one viable candidate. Bernie is too old and too sickly to run. Creepy Joe is too old, lies too much, and is too mired in criminal activity to run. Pocahantas is so far to the left that even the liberals are laughing at her. She is down to 14% in the polls. Buttigeig is a bad joke.
Joan Rivers said everyone knows, “Michelle is a transgender”. She was dead six weeks later. Watch this 8 minute Infowars video that leaves no doubt in your mind.
https://www.independent.co.uk › News › World › Americas

Alex Jones claims he has ‘proof’ Michelle Obama is a man.

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WORLD’S LARGEST HEDGE BETS $1.5 BILLION ON 120 DAY STOCK CRASH

Ray Dalio’s Bridgewater hedge fund is the largest in the entire world. Ray just bet $1.5 billion the stock market, specifically the S&P 500, will crash by March of 2020. This is only 1% of Bridgewater assets. That means he is betting it is going to (start to) happen within 120 days. Always follow the winner. For people who like to gamble, they might consider joining Ray in shorting this market. Remember the S&P was literally cut in half in 2002 and in 2008- only 11 years ago. From 1500 to 750. Your poor old author is tentatively planning on shorting S&P futures the first of the year. Currently it is in a very strong bull trend at 3100 plus. Do not pick tops or go against the trend. Update in the next Rant. One contract is $250 a point, and the margin is $6,300. A 25 point rise would wipe you out- or a fall would give you a $6,250 profit. A 100 point drop would be $25,000. If the S&P got cut in half again (from 3200 to 1600) that would be $400,000 profit just on one contract. That is just to make a point, but it did happen only 11 years ago and 17 years ago.

S&P FELL 50% IN 2002 AND AGAIN IN 2008

Look at this 20 year chart. In 2002 the S&P 500 collapsed a full 50% from 1650 to 825. In 2008 the S&P 500 collapsed again a full 50% from 1500 to 750. If that happened, say, in March 2020 that would probably be about 3200 to 1600. One $6,300 contract would return $400,000. That is not a misprint. Even if it falls a lousy 100 points (which is does all the time) you would still get $25,000 out of the deal. Ten contracts for $63,000 would return a whopping $4 million. Of course you would use reasonable stops no matter how many contracts you bought. We keep telling people do not trade futures, options, ETFs, or any other leveraged positions. Well, maybe this might be an exception. This is fun money, and not your life savings. P.S. It also fell 500 points in September 2018.

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STANDARD & POOR CREATED IN 1860- 159 YEARS AGO

The S&P 500 was created in 1957 and is 62 years old. In 1929 the S&P fell from 30 to 5. That is a collapse of 83%. In 1938 there was a second crash of almost 50% from 17 to 9. You can see that this index regularly corrects like any normal market does. These corrections look tiny on a 159 year chart, but most of them aren’t really tiny at all. For 60 years things went very well from 1942 to 2002.

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BUY YOUR GUNS AND HIGH CAP MAGS NOW

Trump supports all the Democrats anti-gun laws. He is, in fact, anti-gun, no matter what he says. His con is to say one thing and do another. He brags about supporting enhanced “background checks”. We already have extreme background checks that we should not have at all. As always, he says one thing and does another. There are multiple gun bills in the House now the media is not reporting on. The government doesn’t want you to know the Second Amendment is being repealed by the day. One bill will outlaw semiautomatic rifles by calling them “assault weapons”. One bill will outlaw any magazine over 10 rounds. Another will only allow those over 21 to buy a gun. The red Flag laws will prevent all private sales or transfers- EVEN within the family! The Red Flag laws also assume you are guilty until proven innocent. They will take your guns without any hearing or procedure. Another law would take your guns if you believe in conspiracy theories. That’s not a joke. Yes, that is science fiction thought crime. Incorrect thinking will put you in prison. The FBI formally stated if you believe in any conspiracy theories YOU ARE A DOMESTIC TERRORIST. You cannot have a politically incorrect opinion. If you think no one landed on the moon, you are a domestic terrorist. If you think there was no German Holocaust. If you feel no one died at Sandy Hook. If you think 9/11 was an inside job. The list goes on. Buy all the semi-automatic rifles you can. Buy all the large capacity magazines you can, but get quality ones. California has already put ammunition on a licensed and limited basic. That will spread state by state. When the guns go, you will see a totalitarian communist police state worse than your darkest nightmares. We are the last nation on earth with any gun freedom, and that is all going to end.

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REAL I.D. IS A NATIONAL COMMUNIST INTERNAL PASSPORT
In 10 more months you must have a Real I.D. drivers license, passport or other approved photo identification to fly or go into any government building. You can’t even use your old drivers license or I.D. in the post office or local courthouse. This is a national I.D. card communist internal passport. Make no mistake about it. Another nail in the NWO coffin. Soon, biometrics will be added to your “drivers license” aka national I.D. card.

HENRY MAKOW IS ANOTHER REALLY GOOD WEBSITE

If you want a really good website that tells the truth, please go to www.henrymakow.com. Henry is an honest, good Jewish man who has strong character. His newsletter is free and he never asks for donations. We have quoted him in the Rant for a long time.

ALL THE MASS SHOOTINGS ARE DHS/HOLLYWOOD FRAUDS

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CHUCK WILL TELL YOU THE TRUTH ABOUT TRUMP

Do yourself a big favor and subscribe at www.chuckbutletlive.com for his free weekly newsletter. Of all the news letter writers out there, Chuck does the best job of exposing Trump for the lying, to faced fraud he is. Trump’s secret is to tell the sheeple what they want to hear. He literally lies about everything. He broke every pre-election promise he made- except to be the best friend Israel ever had. He says one thing and does another. He did not reduce the wars in the Mideast. He is destroying the Second amendment. He has increased illegal immigration. He may actually be worse than Hillary. Send him some money if you can. Here’s an example from Chuck:
“Ever since Donald Trump took office, he has done everything he could do to enable, empower, enrich, exalt, enhance, enlarge, extol and excuse the two biggest terror states in the world: Israel and Saudi Arabia. He has provided hundreds of billions of dollars worth of foreign aid and military hardware and munitions to both Saudi Arabia and Israel.
He has defended and assisted Israeli Prime Minister Benjamin Netanyahu’s genocides—and acts of persecution—against virtually the entire Palestinian population. To give you some perspective, Netanyahu and his Zionist predecessors have murdered over 5 million Palestinians. And they could not have accomplished this horrific Palestinian holocaust without America’s—including Donald Trump’s—help.
I won’t beat around the bush. All of the hate-mongering against Donald Trump in Washington, D.C., is nothing more than public theater—and that includes Trump’s forthcoming impeachment. It is all public theater. Nothing more. In fact, the more opposition Trump receives, the more popular he becomes. And that’s the whole purpose.
Donald Trump is not an outsider. He is not anti-establishment. He is not anti-globalist. He is the globalists’ perfect con on the American people. He tells them what they want to hear, but in reality changes nothing of importance to the establishment elite. But Trump makes everybody think he’s changing things. Like I said, Trump is the globalists’ perfect con”.

RON PAUL SHOULD BE HUNG AS A TRAITOR

Remember a long time ago thinking Ron Paul was a real patriot, a true libertarian fighting for truth, justice, and the American way? BALONEY. He partnered up with that criminal Porter Stansberry years ago. Now he is doing videos promoting Bitcoin and cybercurrencies!!! He is old, sickly, rich, and will die soon. He has every reason to tell the full truth as he knows it, but won’t say anything. He won’t say 9/11 was an inside job, no one died at Sandy Hoax, Congress is 100% controlled by Israel, no one landed on the moon, nothing at all. So, now he is telling people to buy worthless computer entries with no value at all instead of gold and silver. He should be hung in public as a traitor. He is an evil piece of fecal matter. He will rot in Hell for what he’s doing. Anyone who buys cybercurrencies deserves exactly what they get- poverty and the loss of their life savings.

DJT AND NYSE SAY DJI ISN’T REAL

Look at this 15 year New York Stock Exchange chart. Not very bullish, and can’t begin to match the 2007 high, even with 15 years of high inflation. It’s the same with the DJT. Dow Theory works. Dow Theory says the DJT is not validating the new high in the DJI at all. Do not be in any stock markets. Don’t listen to Kosher Jim Cramer and the rest of the disinformation agents. This is not to say the stock markets will crash tomorrow, just that all of this is a fake bull market based on INFLATION not reality. It would be wonderful to find a DJI chart honestly adjusted for inflation to prove what a farce all this is. The price increase is all due to INFLATION.

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ECOMMERCE TAKING OVER BRICK AND MORTAR SALES

Look at this chart. Everyone is buying everything online now. Major chains are shutting down by the day. We have covered this repeatedly. Malls are closing- ours here in Wilmington was just literally demolished. Ecommerce is taking over for a lot of reasons. Sales have exploded from $5 billion to almost $160 billion in less than 20 years!

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30 YEAR CHART SHOWS DEPARTMENT STORES GOING OUT OF BUSINESS

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HARRY DENT IS NUTS

Hopefully, none of our readers are listening to nutcases like Harry Dent. He tells people silver and gold are the worst investments they can make!!! Seriously, he is saying precious metals are going to collapse during the coming Great Deflation. It’s very difficult to find out what he says to invest in- until you subscribe to his newsletter. He says inflation- PRINTING COUNTERFEIT MONEY- is a “good thing”. Printing colored toilet paper with no backing whatsoever is the right thing to do??? My God, he belongs in a mental hospital. We would have ZERO inflation if our currency was backed by silver and gold. Inflation is legalized theft, and you pay the price. Inflation is an invisible, insidious tax on YOU. Harry says, “Yet, inflation is actually the single greatest indicator of progress. When it doesn’t get out of control, it’s GOOD for the economy. Inflation is a very positive thing for the economy and for humanity.” Maybe his writes his newsletter from a mental hospital.

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Most financial gurus keep quoting the National Debt at $22 trillion. That’s ridiculous. It is at least ten times that much- over $200 trillion. Do you know what that means? EVERY PERSON IN AMERICA OWES OVER A HALF MILLION DOLLARS. That’s what it means. Let’s say it again in English- EVERYONE IN AMERICA OWES OVER A HALF MILLION DOLLARS. Every baby, child, teenager, adult, and elderly, every one of them.

DO YOU KNOW WHO I AM? MY NAME IS JAMES BIDEN. JOE BIDEN’S BROTHER. YES, THE FORMER VICE PRESIDENT, JOE BIDEN. I HAVE ZERO EXPERIENCE IN CONSTRUCTION, YET MY BROTHER AWARDED ME A $1.5 BILLION DOLLAR CONTRACT TO BUILD HOMES IN IRAQ.

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Under communism you raise the cows and the government takes the milk.
Under socialism the government takes the cows and sells you the milk.
In a “democracy” your neighbors decide what to do with the cows
In a LIBERTARIAN society you own the cows, make your own decisions, and keep the milk.

AS GOES CALIFORNIA SO GOES THE NATION

People in Los Angeles county pay almost HALF their take home income on rent. Forget owning a home. Everyone is renting now because they can’t afford to own a garage, much less a house. Almost half their take home income just for the rent!!! There are 10 million people in Los Angeles County. As goes Commiefornia, so goes the nation for 169 years now. That’s a fact. America is now a nation of renters, not home owners. It used to be that any blue collar worker could afford a modest home. No more. ALMOST EVERYONE LIVES IN AN APARTMENT NOW. Just like socialist Europe. Serfs, peons, slaves, drones, human ants, sheeple. Yes, Los Angeles is more expensive than San Francisco or New York City because they make less money.

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A WHOLE MEAL FOR 45 CENTS IN 1961- FAMILY OF FIVE for $2.25

In 1963 your poor old author worked at McDonalds for $1.25 an hour at 17. Yup, a burger, fries, and shake for 45 cents. No tax on food at that time. Now that meal will cost you over $5.

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LOOK AT THIS 120 YEAR CHART!

It is very important you look at this 120 year DJI chart. Do you see what happened around that Magic 1970 area when American clearly got on the Fast Track to Hell? The Dow went from less than 1,000 to almost 28,000. Twenty eight times? Two serious- and needed- corrections happened in 1998 and 2008. THIS EXTREME BUBBLE CANNOT KEEP UP. What can’t go on won’t go on. We are going to see a stock crash the likes of which the world has never seen. The Great Reset and the Massive Paradigm Shift are coming. Dow Theory says this bull market is an illusion. The Dow Transports (DJT) are not confirming this at all. History proves Dow Theory works. Tens of millions of Americans are going to be economically destroyed when all the stock markets collapse. We don’t know when, and don’t have to know when. Just be out of all stock markets. Let the fools lose their life savings.

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WE’RE DROWNING IN INCOMPREHENSIBLE DEBT

Again, look at that Magic Time around 1970. Our national debt was bad, but comprehensible. WE SHOULD HAVE NO NATIONAL DEBT AT ANY TIME FOR ANY REASON. Now multiply this $22 trillion dollars OVER NINE TIMES to get the true, real, actual, factual debt of $200 trillion plus. This isn’t comprehensible at all. All debts get paid all the time every time by the buyer or the seller. There is no such thing as an “unpaid debt”. We will pay this in the form of the worst depression the world has ever seen.

MULTIPLY THIS CHART BY OVER 900% TO SEE THE REAL PICTURE

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ALMOST 1/3 OF AMERICANS BROKE OR IN DEBT

If America is the most affluent and prosperous country on earth, then God help the other 200+ , countries. It hasn’t been worse since the Great Depression almost 100 years ago. By the way, if you are 50 years old, you have been around for over one fifth of the entire existence of America. If you are 60 almost one fourth. If you are 70 almost 30%. If you are 80 one third.

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Longest Rant ever. See you in late December. Always standing watch for you,