(Alert!) MARKETS A LOOK AHEAD: Debt/Credit Market Issues WORSE THAN EXPECTED. Mannarino
From Greg M
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Good Morning Greg
Hopefully you are enjoying a long holiday weekend and getting away from Wall Street.
Main Street is the prefect venue to observe and pay attention.
Inflation is high I don't like it.
But what I don't like is people who complain about it.
These are the same people that tell tell you how much their home went up in value or how large their investment portfolio is. Or how valuable their precious metals are
Cut the crap everyone<> everything is totally over valued<>and yes we know why.
1971 we went off of the gold standard and poof we are all here because of it.
So take some profits as you recommend and pay for the inflated prices.
That's what profit is for??
Look for the next best opportunity and be patient.
There is one that I believe in and I am far from a resident expert.
Yes I agree with much of what you say from an investment perspective but I can live without the theatre and the comments about individuals.
Personally keep it from the heart and you sound to angry at times.
Moving on.
Bitcoin became a hustle when we let them (you know who) was allowed to begin trading futures etc.
The set up<> a little over a year ago when all the big hedge funds and wealth advisors recommend that everyone should have a small position in this space.
Goes from $1 trillion to $3 trillion in a heart beat.
Artificial Intelligence Trading machines takes over trading and undresses $2 trillion from the small uneducated investor/trader. HODL
Weakness persists in this system<>why it's not fully developed.
So from my perspective block chain is here to stay.
I own a half dozen names in this space.
However I continue to allocate a set amount on a monthly basis to Cardano ADA.
It's blockchain system continues to grow and I believe will survive as a good one to hold onto.
Yes the big $$$$and high flyers have all set out to sell you what they think is the best.
So Greg do me a favor and do some research on Cardano and let me know your thoughts.
Enjoy the day on Main Street and buy that homeless person a meal.
Each and everyone of them is an American tragedy.
Thanks.
WOT
Im thinking tomorrow might be pretty exciting. Thank you Greg 😎