isn't the dollar at risk of relative decline if other countries back their currency with precious metals, use cryptos (non-centralized), accept payment for oil in non-dollar denomiated currencies, etc.?
Whether S&P 3837 happens today remains to be seen. However, I am confident that this number will be breached by Friday. Hold on to your S&P 3400 hat. I suspect it will be coming back in style in the not too distant future.
when the fed sells debt off its balance sheet, nobody will buy it unless its the big bank cronies but when it gets bad they won't be able to either, no retail investor in their right mind has bought treasury notes for decades, its all been the fed and the big bank cronies and foreign countries like china
thank you! that's a brilliantly true point -those places use the cookie cutter approach very little tactical nor dynamic analyses; all the while you got sales managers in those places running around exercising their skills by telling all the reps to accumulate client's assets
What is really happening is FED is play people as fools, some day soon people will wake up and realized the money their boss pays them is loosing value before they even earn it. Also that worthless currency they need to trade it for anything, yes anything of value before it's purchasing value disappears. Just buy some silver while it is cheap!!!
Greg, I’m noticing people are posting comments like the potential collapse is now collapsing. They have no where to go due to soaring costs of living . Idk but that’s what they’re posting. Some are being pushed to the streets and trying to purchase rv’s to live in. Strangest and saddest comments ever! Doesn’t sound like a booming economy.
Thanks for the update, your more accurate than everyone else at figuring this market out. have watched you since 2014? I don't remember its been so long ago now Ha Ha
isn't the dollar at risk of relative decline if other countries back their currency with precious metals, use cryptos (non-centralized), accept payment for oil in non-dollar denomiated currencies, etc.?
You are correct sir.
Whether S&P 3837 happens today remains to be seen. However, I am confident that this number will be breached by Friday. Hold on to your S&P 3400 hat. I suspect it will be coming back in style in the not too distant future.
you think we might need our S&P 3000 hats?
I don’t want to get too far down the rabbit hole for now. I don’t know where the Fed Put will be.
No Fed Put until inflation is < 2%.
Greg’s a great guy, but he encouraged all the lions to invest heavily at the top of the market. A lot of people are getting hurt.
when the fed sells debt off its balance sheet, nobody will buy it unless its the big bank cronies but when it gets bad they won't be able to either, no retail investor in their right mind has bought treasury notes for decades, its all been the fed and the big bank cronies and foreign countries like china
Or 401ks and retirement plans. Screwing the people.
thank you! that's a brilliantly true point -those places use the cookie cutter approach very little tactical nor dynamic analyses; all the while you got sales managers in those places running around exercising their skills by telling all the reps to accumulate client's assets
Agree
Deflationary. Deny QT and Die!
What can cause the 10 year treasury note to "crater" and the "big one" to occur? Would it be the Fed NOT purchasing debt?
The rest of the world dumping dollars and everyone knows.
What is really happening is FED is play people as fools, some day soon people will wake up and realized the money their boss pays them is loosing value before they even earn it. Also that worthless currency they need to trade it for anything, yes anything of value before it's purchasing value disappears. Just buy some silver while it is cheap!!!
Its been going on for generations and will continue for generations. People will never wake up, they will continue to support the current "thing".
Greg you and lions/friends are truly amazing folks and I am honored to be with you now. Thank you - all of you.
you too Aj
Thanks,Greg
Greg, I’m noticing people are posting comments like the potential collapse is now collapsing. They have no where to go due to soaring costs of living . Idk but that’s what they’re posting. Some are being pushed to the streets and trying to purchase rv’s to live in. Strangest and saddest comments ever! Doesn’t sound like a booming economy.
For now, the only place to run is to hard tangible assets/commodities.
Yes !
Not a crash yet. It will be. Probably by next year.
This is getting excitingly freaky...lol...!
Reminder
Decade-Cycle Dow Jones
https://www.seasonalcharts.de/img/DEKADE-ZYKL/DJ100J.GIF
Very interesting
Dow Jones Midterm Election Cycle
https://www.seasonalcharts.de/img/ELECTION-SPE/DJIA_W2.GIF
time to buy at the horizon.
if u can hang in there for 4 min and don't mind the laugh track here's my attempt to bring some fun and smiles to this day: https://www.youtube.com/watch?v=QybXY1vWUxI
👍
Thanks for the update, your more accurate than everyone else at figuring this market out. have watched you since 2014? I don't remember its been so long ago now Ha Ha
Watching closely my friend
Got it. Thank you.