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TIMOTHY JOSEPH CHAMPINE's avatar

Global Financial Crisis:

Thailand: Something is cooking here in Thailand, five Banks are apparently shut for maintenance over the weekend and coming days.

Billions of Ukraine monies funneling into Delaware corporations was coming to a halt as several Delaware companies were going under, along with the implosion of the US fiat Dollar system. As a result, Nancy Pelosi and DC Elites have started dumping their stock. There were connections between Biden’s Ukraine money laundering scheme, Delaware corporations and Capitol Hill Elites as stocks fall – the long overdue collapse of the Central Banking System that officially began in October was now coming into an unfamiliar time frame – an April, May, June Bust.

Fake market reports have done their job, giving hopium to tens of millions of sleeping sheep – who were about to wake up to a collapse. Not a Recession, a Depression.

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LadyMary's avatar

DC elites don't want to have to pay the higher tax if Bernie Sander's tax increase goes through. I think Pelosi has the most to lose. Maybe God will give 🙏 us a miracle 🙏.

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TIMOTHY JOSEPH CHAMPINE's avatar

I would NOT hold my breath on the god thing... ;)))

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trumpHELL666's avatar

Hahahahahaaaaa! 👍😆

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President-Elect Zio's avatar

So called "sideeffects" of the vax tells me to buy some cancer stocks, surgical stocks and so on. Some die, others profit. Sad but true.

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WendyD's avatar

Good thinking! The death industry made a nice run. SCI boomed and another one CSv I think, entry point may be too high now though. Need to check. Millions have died from the vax, soon billions imo.

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President-Elect Zio's avatar

i think Dow Jones will double. if true I have to find outperformers. not to hard to figure out.

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BCM2546's avatar

side effect of the green movement: UEC. Check it out

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President-Elect Zio's avatar

works. makes me a bit sad not jumped on the coal train when it started. these greenies will face real problems soon.

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BCM2546's avatar

Don't get sad, get mad and start your research.

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BCM2546's avatar

Had coal before, not now. Look at fertilizer, besides Uranium

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President-Elect Zio's avatar

K+S AG is one of the world's leading suppliers of potash- and magnesium-based products for agricultural and industrial applications. The product range includes speciality and standard fertilizers, various plant care and salt products as well as products for animal hygiene and a number of basic chemicals such as caustic soda, nitric acid and sodium carbonate.

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President-Elect Zio's avatar

am in german K+S, fished the bottom @6.50 euro it's @29.54 Euro now. Posted my entry here and recommended as a long term invest.Maybe someone jumped in. Hope so.

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Dangerous Donna's avatar

I was just pondering buying jpm .. I’m down in it too

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trumpHELL666's avatar

Let it go down a huge chunk more, then buy more.....as long as Greg is still recommending it. 😃

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W8878788766565's avatar

Relative strength of bank stock is still higher than silver.

Talking about "relative strength", I would say that nothing is "relatively" stronger than the Toilet papers. This is not a joke. It's a fact

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trumpHELL666's avatar

I ain't doubtin' ya'. 😃

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LadyMary's avatar

Buy when it's down is what Mannarino always says

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BCM2546's avatar

In 2008, as we were coming out of the "hole", I actually thought about buying GS. It was under $90. Should of bought it . You have to step back and think of the long game, if you can. they will eventually go up. The pretty much run wall Street

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BCM2546's avatar

I am not saying "buy" GS. But the RSI shows it is in oversold territory. Depends whether a trade or investment

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Dangerous Donna's avatar

Aaaah THE HOLE! I barely made it out of the hole ! And here it is back

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BCM2546's avatar

YOu made it once, you can make it again. Smarter this time, right?

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Dangerous Donna's avatar

I see better and a bit smarter ; yes 😊

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Petey Pablo's avatar

Literally all of Gregory’s picks are tanking. Makes sense why the “wolf of wallstreet” begs for money every month

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Timoteo's avatar

Thank you for this banks position update. I appreciate your work very much.

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Rick Malik's avatar

Bank stocks will increase in dollar terms, but what is the value if you back out inflation?

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DanTheMan's avatar

Very discouraging holding bank positions. Two things you can count on every day; the sun will come up and the bank stocks will tank.

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LadyMary's avatar

Only the brave survive 💪 🙏 👏 stay strong 💪

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Chris Mc's avatar

The dividends on these are nice. I only trade them using RSI/MACD as I can't afford to hold long term. I think many of you all should consider using charts to enter/exit.

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paul neve's avatar

Banks will do well moving forward patience is the key when people panic they make bad mistakes new ATH is coming

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TIMOTHY JOSEPH CHAMPINE's avatar

only in the short term.

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BCM2546's avatar

You don't lose money unless you sell, or the stock goes bankrupt.

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chris kennedy's avatar

anything can happen at anytime e.g. could be that Russia is cleaning out bio-labs in ukraine that very bad US actors have been stashing away there while at the same time the MSM points at Putin and says he's BAD and Zelensky good -that tells me right there that maybe he ain't so bad and the Z man maybe ain't so good? - it's really time to wake the F up, i ain't paying taxes for Biden and his masters folly to protect inhumane weapons, etc

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chris kennedy's avatar

nor should the rest of the world

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President-Elect Zio's avatar

That's exactly what I say to people who rant about evil russia and evil Putin and think war is so terrible: "You're funding them (and you don't realize it), hahaha."

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chris kennedy's avatar

i wonder what might happen when the market realizes that the fed minutes provided no new information? e.g. rate hikes are imminent; its either gonna be .25% or .50%, but of course the fed reserves the right to backpaddle on this at any time due to geopolitcal issues/tensions/escalations - this is not new information! we've known this, the market's known it, and Greg knows it because he's said it about a million freaking times! additionally i wonder what the market's gonna do when it remembers that oil has come way down? anyone know?

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trumpHELL666's avatar

The FED minutes provided no new information for the last 10 years.

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President-Elect Zio's avatar

stocks will rise.

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chris kennedy's avatar

thanks bro - i saw that you have been saying that for a few days now, and you will get all the credit for calling it when it transpires (waves) - Godspeed

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W8878788766565's avatar

Banks are nothing. Look at silver. Down 50% in the last 30 years !!

Now that's some strength of King dollar.

I don't think there is any manipulation otherwise all the billionaires of the world would have opened the account at Comex and cleaned out all the silver. There is simply no demand but huge supply

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trumpHELL666's avatar

The billionaires don't want to see value placed on something real that they can't control like gold/silver in the hands of the masses. They want to see value placed on "paper" (debt/derivatives) which they can control. So yeah, it's in their best interest to keep gold/silver prices depressed by not buying it.

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W8878788766565's avatar

That's what the masses has been saying for the last 30 years and stayed in silver. Now it may go up a little because FED QT bullshit is about to be reversed. SO I am long. But I will sell it after the QT has been shattered and will be back in KING dollar

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President-Elect Zio's avatar

funny.

The planned economy is at the heart of the financial system. So how can something NOT be manipulated? >>> What is the price of money? It is the interest. Does it follow a free market? No.

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a2538392909's avatar

Keep stacking!

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David Owen's avatar

I had not bought any of the banks prior to today, but since they are beaten down I bought 3 shares of GS, 30 shares of BAC, and 2 quan 140 Calls on JPM, exp July 15, 2022. Premium was only 3.60 which means a break even of 147.60 by July 15, 2022. That looks doable.

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trumpHELL666's avatar

You're buying at the best time. 🤑😺

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Grubie024's avatar

I started buying JPM calls in a January and been averaging down since. Needless to say I’m utterly annihilated. I bought into Greg’s constant talk of markets going up, banks going up and I stopped thinking for myself.

If Fed truly does unwind balance sheet it renders Greg unfollowable. We’ll see what happens.

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David Owen's avatar

I have almost given up on a bull resurgence. I subscribed to SlashTraders (expensive) and use their Options Scanner for short strangles. They are potentially dangerous (and they burn up a lot of margin or cash on opening). Any time you are selling options, the downside is unlimited. You have to stay on top of them if they go South. Get out quickly if they turn profitable or if they turn scary South. Iron Condors burn up a lot less margin or cash on opening and they have a built-in stop-loss, but the they always have at least two losing options built-in. Settings on the option scanner: 10 bil market cap minimum, 65% implied volatility minimum, 30 days to expiration minimum, Squeeze-False. It will tell you the buying power required and it will tell you the two options to sell. But I still follow Gregory everyday for the news.

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Jim Kostka's avatar

I decided to listen to him also, big mistake. He exaggereates his gains and minimizes his loses. Just took me too long to figure that out. He use to say "oil goes up, so do the banks. The banks need higher oil". I chose the banks thinking that was true. He quit saying that. He does have a good feel for the corrupt system, but his stocks picks are terrible and he knows how to gas light his audience. The banks have serious headwinds.

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Grubie024's avatar

Yeah I was thinking the same thing about oil and banks - massive divergence over the past few months.

Agree with everything you said.

Good luck!

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Jim Kostka's avatar

You too! Never quit thinking for yourself. That's what my major loss taught me. His donations and YouTube payout are the real deal for him. As these loses grow he will lean on you should have been hedged better, not his picks were terrible. 52 week low in GS today.

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cpiljoo's avatar

Some people can't hold for years.. greg

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WendyD's avatar

Exactly! So for us maybe we need to stay away from his advice on banks. I can't wait years to come!

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