The thing I don't quite understand (not an economist here) is ...is the MMRI only based on whether the dollar remains the reserve currency. At some point won't people figure out we are not bringing much to the table? If the dollar did stop being the reserve currency it seems the bond yields would go much higher because they would not be in much demand but essentially the MMRI could stay the same as the value of the dollar plummets. How does this figure in? Obviously countries are actively working to stop the dollar from being the reserve currency. The list of countries doing so is expanding.
All the Great Reset/Davos/WEF monsters are Demos. Soros, Obama, Biden. Newsom and Trudeau are WEF "Young Global Leaders". Looks like you left out Klaus Schwab and his Billionaire control freaks bringing us Neo-Feudalism. All lefties. I'll take Trumpies any day.
Hello. Very new to this group. I’ve only caught a few videos here and there and thought this group could give one or two themes to follow in this environment. Besides physical metals, and a little self sustaining life style around one’s home; how should I invest in the market now ? Short the nasdaq, for example? I’m trying to find a practical and simple place to be until a bottom and then I’d jump into my favorite mining or energy stocks. Or, if this metric goes over 300, what’s the plan or investment to jump into?
I have only found you recently, and love your passion! I'm wondering if you will be hiring out as a wealth manager after the RV. I would like to talk about it.
Rumors that European silver smelters shutting down due to energy costs. Portends of a shortage in 2023 silver coins. Tremendous market forces at work raising rates well beyond what the fed will be able to tamp down. Do not pay so much attention to the spot price of gold and silver. Pay closer attention to the widening premium paid for American gold and silver eagles. Millions of ounces being taken possession of by countries and sovereign wealth funds. Supply drying up. Prices rising. Saudi Arabia joining Bricks. We are seeing the world economy moving away from the dollar. Global de-dollarization. Now let’s talk about inflation.
Thank you Greg. You are not insane. You are a voice of sanity in an insane world. Thank you.
The thing I don't quite understand (not an economist here) is ...is the MMRI only based on whether the dollar remains the reserve currency. At some point won't people figure out we are not bringing much to the table? If the dollar did stop being the reserve currency it seems the bond yields would go much higher because they would not be in much demand but essentially the MMRI could stay the same as the value of the dollar plummets. How does this figure in? Obviously countries are actively working to stop the dollar from being the reserve currency. The list of countries doing so is expanding.
CHINA
Key Terms in Xi's Speach
https://merics.org/sites/default/files/2022-10/MERICS-China-Essentials-Frequency-of-key-terms-in-the-reports-to-party-congresses.png
Global views on China and US-China relations (PDF)
https://merics.org/sites/default/files/2022-08/MERICS-Papers-On-China-Beyond-blocs-Global-views-on-China-and-US-China-relations-3.pdf
They sure don't talk about Xi's 1h + 'what will CCP do in the next 5 year' speech a lot.. ffs scary shi*t
What's a couple of good option plays for right now?
Britain, England, what's going on here is what will happen in the US as well. We are just
behind where they have gone already in terms of nationalism, privatization of the all
systems and what happened to Liz Truz in just 6 weeks is indicative of what will transpire
here again. Let me remind, we had the 2007-2008 debacle after deregulation occurred under
GW Bush resulting in total flim flam of the whole world of bankers selling golden gift wrapped
traunches of shit junk bonds in the inside of those traunches leading to what? "Bail out of the
rich and corporations and richer! The rest of the people were screwed to the wall. So, we end
up after Obamica with Trump and what does he do? He provides the biggest tax breaks to the
top 5% and corporations saying it will stimulate growth, etc.
Now my prediction currently, is the Republicans will win the mid terms and then do their tax
cuts for the rich and the corporations again and again and again while as the Republican Party
has enunciated again and again their promises to the wealthy to cut Social Security, Medicare
and Medicaid, you know the basics for the average plebian US Citizens. Senator Rick Scott of
Florida has made that pledge in his "New, New, New Contract With America" and so has Kevin
McCarthy. Now if you're dumb enough to vote Republicans back in knowing what their game
plan is and you get screwed even more as they get wealthier, you've got to be eventually smart
enough to realize you've been screwed and screwed and screwed until there is nothing left to
squeeze out and you live like sh__! So, how long will even Republican Voters vote "against"
their own interests over the interest of the few? It may take 12-16 months but they'll figure this
sh__ out fast and then you'll have those same Maga's going after their own Maga Leaders as they
finally figure out how they have screwed them over time. This is what has happened in England,
as Liz Truss, the atypical conservative well off and out of touch, raised her royal staff and proclaimed
"huge tax breaks for the wealthy" and "austerity for the rest of the English Mutts"! This is what we
will see with Republicans as the they will definitely butter the lard onto the wealthiest's bread and
then say, as Marie Antoinette did way back when, "Let them eat cake" in todays vernacular "dog
sh__!" These people think they are entitled to vast wealth transfers like Kings and Queens when in
fact the world is changing rapidly to their chagrin.
As far as your contention as to wages, I sent you an email when they first were talking about raising
the minimum wage from like $8.50 to $12.00-$15.00 and I stated at that time, any time the fat asses
above consider a wage increase is when they can conceive or concoct a way to bring it right back to
their own greedy hands. How do and did they do it? Of course, "INFLATION" so now your $15.00 is
worth what? $8.00!!!! So, bark as you will at central banks, etc. the fat asses control everything and
they will not give up their high chairs at that table until the "Fat Ass Lady Sings!"
And you are very happy with the Democrats and the brain dead Biden?
We have a 2 party dictatorship.We have 50 choices for Miss Murrka and 2 for president.
And Trump was never the answer.
All the Great Reset/Davos/WEF monsters are Demos. Soros, Obama, Biden. Newsom and Trudeau are WEF "Young Global Leaders". Looks like you left out Klaus Schwab and his Billionaire control freaks bringing us Neo-Feudalism. All lefties. I'll take Trumpies any day.
My guess for that event would be a nuke in Ukraine.It's those evil Russkies again.
Hello. Very new to this group. I’ve only caught a few videos here and there and thought this group could give one or two themes to follow in this environment. Besides physical metals, and a little self sustaining life style around one’s home; how should I invest in the market now ? Short the nasdaq, for example? I’m trying to find a practical and simple place to be until a bottom and then I’d jump into my favorite mining or energy stocks. Or, if this metric goes over 300, what’s the plan or investment to jump into?
We have all we need, took last required $ out of bank. mmri @295 on a thursday, will it be a bloody Friday?
Good luck all Godspeed.❤💜
IMF Working Paper
The Macroeconomics of De-Cashing
https://www.imf.org/-/media/Files/Publications/WP/2017/wp1771.ashx
or search for
wp17/71 iwf
I have only found you recently, and love your passion! I'm wondering if you will be hiring out as a wealth manager after the RV. I would like to talk about it.
Love the Powell Laugh !!!
Lmao !
Rumors that European silver smelters shutting down due to energy costs. Portends of a shortage in 2023 silver coins. Tremendous market forces at work raising rates well beyond what the fed will be able to tamp down. Do not pay so much attention to the spot price of gold and silver. Pay closer attention to the widening premium paid for American gold and silver eagles. Millions of ounces being taken possession of by countries and sovereign wealth funds. Supply drying up. Prices rising. Saudi Arabia joining Bricks. We are seeing the world economy moving away from the dollar. Global de-dollarization. Now let’s talk about inflation.
Comex "says" they are down to 40 million ounces of physical silver which likely means the actual amount is much less. Id may be habbening...
I suspect you are spot on.
Yawn. Chicken little predicting the end of the world again today, what a shocker.
https://www.youtube.com/watch?v=Z0GFRcFm-aY
Didn't click