Law of Relativity applies to even commodities. So, your final products are sold for 30% more due
to inflationary process across the whole supply chain. "Eventually hits consumer so they cut down on consumption per limited discretionary dollars equals less quantity of buying commodities over time so hits valuation of commodities as all things are tied to each other
and so the law of relativity as it applies to investments. In this formulation you then interpolate
the limited consumption the 5 percenters can actually sustain or do and the negative impact
of the average consumer retraction of consumption that then eventually equals dog sh___ as Greg calls it economically. This "dog shit" will hit in about 6 weeks or so throwing all investments
into the proverbial toilet. I'm guestimating August some time when the summer is hotter than
hell and the markets are in flames. The current consumption levels are higher as people are
buying more than they need in consideration of future higher inflationary pricing to beat that same inevitability. However, that inflation has not even been inculcated in the economic poop we now see but more so culminating a beginning as of August, 2022 and then for another 16
months more of this dog sh__ ! The Fed will not be able to become dovish either as inflation
if not faced up to will eat this into infinity and beyond so they will be forced to do 50 point
after 50 point increase if not more to slow down the obvious obnoxious cycle to no where's
ville.. You'll also see higher use of credit cards and higher delinquencies on credit balances
which is just a continuation and doubling down on more Americans having to file for bankruptcy
to avoid the black hole of revolving credit and high interest rates allowed on credit debt.
This will get so bad that eventually as warned by ex military brass that eventually they will
have to pull the plug on delinquency induced bankruptcy and moving to debtor prison
for those with debt they can't repay. So, don't have any or very limited debt and stay liquid
Thank you, Greg. We all understand this is not meant to be financial advise and we must perform our own due diligence.
got it. just tell use what your doing, it's time to be knowledgeable enough to know what's going on and how to find more info on it
Thanks Greg
What say you on the 10 yrs yield? it's up to 3.356
You know Gregory, NOBODY on CNBC, including Jim Cramer, reveals what he is doing. NOBODY. Thanks for being so incredibly honest!!
Practicing what you preach, always a good sign! Love you man!
what does 20 basis points up on that 10yr mean? LOLOLOL
10 yr yield now up 20 bps to 3.34%
MMRI up to 216
10 YY up .163 today. Gre, are you getting ready to short the market?
Hi Greg, did you buy some cryptos today? Just wondering.
Haha 🤣
I didn't mean to make fun of Greg. I thought he might buy some at lower costs.
Heads up to some that might not know, buying USO will involve special tax forms when you sell. Just an fyi.
What about UCO, based on 15 yr history compared to USO
love uco and uvxy
Or has something changed
I bought those and also bought more DVN and JPM. Love those dividends.
Law of Relativity applies to even commodities. So, your final products are sold for 30% more due
to inflationary process across the whole supply chain. "Eventually hits consumer so they cut down on consumption per limited discretionary dollars equals less quantity of buying commodities over time so hits valuation of commodities as all things are tied to each other
and so the law of relativity as it applies to investments. In this formulation you then interpolate
the limited consumption the 5 percenters can actually sustain or do and the negative impact
of the average consumer retraction of consumption that then eventually equals dog sh___ as Greg calls it economically. This "dog shit" will hit in about 6 weeks or so throwing all investments
into the proverbial toilet. I'm guestimating August some time when the summer is hotter than
hell and the markets are in flames. The current consumption levels are higher as people are
buying more than they need in consideration of future higher inflationary pricing to beat that same inevitability. However, that inflation has not even been inculcated in the economic poop we now see but more so culminating a beginning as of August, 2022 and then for another 16
months more of this dog sh__ ! The Fed will not be able to become dovish either as inflation
if not faced up to will eat this into infinity and beyond so they will be forced to do 50 point
after 50 point increase if not more to slow down the obvious obnoxious cycle to no where's
ville.. You'll also see higher use of credit cards and higher delinquencies on credit balances
which is just a continuation and doubling down on more Americans having to file for bankruptcy
to avoid the black hole of revolving credit and high interest rates allowed on credit debt.
This will get so bad that eventually as warned by ex military brass that eventually they will
have to pull the plug on delinquency induced bankruptcy and moving to debtor prison
for those with debt they can't repay. So, don't have any or very limited debt and stay liquid
now more than not.
WEAT - especially come harvest Septemberish. People will know we are not in Kansas anymore.
How do yo feel abou USL (United States 12 month oil fund) as an alternative to USO? Lower price point, similar gains over short and long term.