In a declining economy, the stock market goes parabolic and “we’re all rich.” Cryptos, as much as I despise them, possibly as well, but judging from their returns, especially alcoins, they’re nowhere near their old ATHs, which tells me the liquidity is so low, it’s all consolidated around BTC.
Yes we will be mocked and persecuted putting God first but our eternity is set in gold, meeting our heavenly Father finally. He is the light of the world that will never be snuffed out - alleluia brother in Christ.
Stock indexes really don't tell you much. QQQE and RSP tell you the story a bit more. Then, take the book value per share of QQQE and RSP and decide, just how many times book should you own something. Scamstreet is counting on the premise that most people don't understand bookvalue per share, and are willing to trust strangers called financial advisors. Case in point, GE. How do you screw people really well? Reverse split the stock. Has GE really gone anywhere? Not really. But they wiped out shareholders that had less than 8 multiples. I have done many Reverse mergers and I know the game. If you don't understand rule 144, registration statements, s8, lock ups, then this game is deadly. The entire game is a derivative of modern monetary theory, keynsian nonsense. Why do you think that the Fed is not audited? Why do you think that the discount window activities are not disclosed? Why do you think that Goldman is a commercial bank? The truth is that a central banks worst nightmare is not having a reason to print. I am expecting all kinds of ridiculous stories. Alien attacks, asteroid extinction level events, every movie you have seen regarding climate events, walking dead. Remember the axis of evil? Don't let a good crisis go to waste. Sorry for the rant but I see through all their lies. If you want to really see what a true destruction of something is all you need to do is set up a 252 day sma. Then set up a 252 day linear regression curve. You also need to understand what a first pullback is. Try it on the yen. Then the euro. Then tlt. You have to be patient. The 252 day average is the longest time frame there is on a daily basis. Look at the Nas futures. There's no shtf moment yet. 17320.50 is the line in the sand. If there's really going to be a bonifide disaster, that's the level of oh my god I lost the house. I apologize for the diatribe but you have to understand how charts are manipulated. Last topic, market structure. If you don't understand market structure you will get destroyed.
Greg are you doing anything with your cash? I also pulled out of stocks so I threw everything into a money market fund where I can at least get 4% interest
My whole life Jimmy Roger's has said the sky is falling, one day he will be correct, until then I just can't hear him anymore.
Exactly..
.even a stopped clock is right every once in a while.....
Same here, and I remember thinking the same thing about James Grant when Grant appeared on Wall Street Week with Louis Rukeyser.
i am not afraid for a crash i am afraid for a no crash !
Sticking around in CASH. Daytrades jn the meantime. March is their favorite month to start going apeshit with global problems. We’ll know by then.
In the meantime, Greg, feature the LAST picture on this news article from ZeroHedge for everyone to see: https://www.zerohedge.com/markets/come-hell-or-hyperinflation
In a declining economy, the stock market goes parabolic and “we’re all rich.” Cryptos, as much as I despise them, possibly as well, but judging from their returns, especially alcoins, they’re nowhere near their old ATHs, which tells me the liquidity is so low, it’s all consolidated around BTC.
... is risk-on to infinity over?
Not a chance in hell for first 6 months of 2025. We’re super bullish.
... you don't have to have a casino in Vegas to be in the mafia.
Yes we will be mocked and persecuted putting God first but our eternity is set in gold, meeting our heavenly Father finally. He is the light of the world that will never be snuffed out - alleluia brother in Christ.
Ur belief in God is cool
With me M8 … it don’t scare me or offend me believe in what you want.. I’m just a simple non-believer … I got no axe 🪓 to grind
Let the games begin!
SOUND UP:
CUE CIRCUS MUSIC
I'm still investing in JEPQ.
No matter what your view is we will all be right.
At some point in time.
The Money Empire weaponizes money.
It's the 'empire of the mind' that controls the humans and makes them jump for Satans' Netanyahu.
👿: Will you kill for 'my money'?
Stock indexes really don't tell you much. QQQE and RSP tell you the story a bit more. Then, take the book value per share of QQQE and RSP and decide, just how many times book should you own something. Scamstreet is counting on the premise that most people don't understand bookvalue per share, and are willing to trust strangers called financial advisors. Case in point, GE. How do you screw people really well? Reverse split the stock. Has GE really gone anywhere? Not really. But they wiped out shareholders that had less than 8 multiples. I have done many Reverse mergers and I know the game. If you don't understand rule 144, registration statements, s8, lock ups, then this game is deadly. The entire game is a derivative of modern monetary theory, keynsian nonsense. Why do you think that the Fed is not audited? Why do you think that the discount window activities are not disclosed? Why do you think that Goldman is a commercial bank? The truth is that a central banks worst nightmare is not having a reason to print. I am expecting all kinds of ridiculous stories. Alien attacks, asteroid extinction level events, every movie you have seen regarding climate events, walking dead. Remember the axis of evil? Don't let a good crisis go to waste. Sorry for the rant but I see through all their lies. If you want to really see what a true destruction of something is all you need to do is set up a 252 day sma. Then set up a 252 day linear regression curve. You also need to understand what a first pullback is. Try it on the yen. Then the euro. Then tlt. You have to be patient. The 252 day average is the longest time frame there is on a daily basis. Look at the Nas futures. There's no shtf moment yet. 17320.50 is the line in the sand. If there's really going to be a bonifide disaster, that's the level of oh my god I lost the house. I apologize for the diatribe but you have to understand how charts are manipulated. Last topic, market structure. If you don't understand market structure you will get destroyed.
Greg, I'm happy to support the work you do!
10YT-2YT goes back over 0.0%. (Late Aug 2024)
FEDFUNDS gets cut. (Mid Sept 2024)
10YT-3MOT goes back over 0.0% (Early Dec 2024)
Just go look at those charts from the past, and you can see a (manufactured) crisis/crash is incoming.
Thanks for everything, you're doing a great job. When you've been living in the red since march, 5 dollars is too much, at least for now.
Crude:Spiking!!!
Greg are you doing anything with your cash? I also pulled out of stocks so I threw everything into a money market fund where I can at least get 4% interest
Just sitting tight for now. I will keep you posted ; )
I appreciate it. Not telling you what to do but there’s T-Bill funds like $SGOV with 5% dividend paid out monthly for no risk
No risk? It's like picking up pennies in front of a steamroller.
US national deficit is $36 trillion and increasing $1 trillion every 3 months.
Just stick to PHYSICAL gold and silver.
Yes I have plenty of metals, thank you. I’m talking about cash that would just be sitting in a bank/brokerage.
One thing I forgot. Keep a minimal balance.
Assume the rug pull can happen at ANY TIME.
https://youtu.be/jF4Oxa1L7-c?si=NoTSc2KyoqaQ3gZu&t=670
This clip is over 2 years old, but you have the FDIC literally discussing the BAIL IN rug pull.
Thanks!
Boomer Brain... let's have more discussions about having more discussions.