21 Comments

Crisis crisis...everywhere a crises.

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Yup By design….Order out of Chaos.

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Mar 3, 2022·edited Mar 3, 2022

Don’t you just love these beanie- wearing fleece jockeys on the FED? They remind me of the arsonist-fireman. They cause inflation and now they are going to curb it with meaningless bucket brigades? The adage that a fool and his money are soon parted comes to mind. Implosion of the bond-debt market will be the signal that the end is here. By then it will be much too late for the average misinformed investor who refused to hedge with gold, silver and selected cryptos.

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Suppose they raise rate to curb inflation. We need rate at 15% for that. What happens then ? Will that be a better option ? I see depression raise to power infinity.

In a global trade, we need way lower dollar .. like DXY at 30

This becomes clear as soon as you try to open a factory or any business in USA other than service sector

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In 1982 the rate was 18%. As Greg says. “You ain’t seen nothing yet.” We bought CDs that paid 12% and we bought our first house with buy downs to 10% on our mortgage. Alan Greenspan was Fed Chairman. He’s the guy who crawled out from under a rock to “fix” inflation. We got by then and we will get by now. Get out of debt and follow Greg’s advise.

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deletedMar 3, 2022·edited Mar 3, 2022
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Fear.

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I know Taiwan is going down, but why do you think AUS is going to go hot? You think China will take over Australia for its resources?

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Not happening ever. US technology is way beyond any other nation and Australia has free access to it. That little spider that blew up was an American robot using nano technology. Or that electromagnetic wave that blew all the electronics came from an American war machine. They won't even know what hit them.

US power is going exponential. There is no end in sight. Here is quantum computer

https://www.youtube.com/watch?v=UFl2CE3bsIA&ab_channel=AINews

99.9% of the countries in the world have no clue what's this ? ha ha ha

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Funny thing is small countries like Poland are happily falling into NATO. It's like handing their ass to USA and saying please protect us. Not considering that when there no more asses to f*ck , we take what we have at that time. lol lol

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Gold is up $8.70. YES! Silver will follow. 😃

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Yummy Silver sandwich LoL

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BAC - took over JPM's silver short position.. that they inherited from Bear Stearns... might not be such a good hold in the long term considering that all mining will be banned by 2030, that short is gonna get margin called sooner than later!

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Greg, anything on the new fund? Did I miss any announcement? Thanks for your work.

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Markets fell of a cliff! Why ? 10 yrs , dollar oil all stable more or less

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Greg In losing the small amount I have in the banks is it common after ex dividend rate for prices to fall

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Do You think our Declaration of Economic War on Russia will led to a falling 10 years yield and hence the demise of the market?

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Taiwan

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"A Kind Of January 2008 Feel": Retail Traders Take Cover As Ultra Wealthy Investors Plow Into Stocks In Record Numbers

Tyler Durden's Photo

BY TYLER DURDEN

THURSDAY, MAR 03, 2022 - 04:00 AM

For what may be the most vivid example of how central planning has turned the market into one giant (and so far successful) experiment in Pavlovian conditioning, look no further than the following chart from Bank of America which shows that during the current 10% correction which started in early January and continues to this date, Bank of America's ultra high net worth, or "private" clients, have allocated the most dip buying capital on record.

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You said the banks are long term holds for you but I was wondering what about the energy, defense, etc.--if you were in those positions (I know you're not in defense) if you'd be closing those positions at some point. Or if you see the market is about to tumble, what positions you'd be closing.

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Greg will let us know when he makes a move.

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Exactly the three corporate headquarters. All roads lead to Rome. Where the Vatican’s military order has been meddling in 112 countries for a long time. IHS -Iesus Hominum Salvator. In 1541, St. Ignatius of Loyola adopted IHS as his seal as General of the military Society of Jesus. It is still central to the emblem of this Roman Catholic Jesuit order

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