43 Comments
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Straw Man's avatar

So goods and services are catching up with the dollar true value

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RubyVolt's avatar

Just like the crash callers, these fools who think prices are coming down.... Maybe for real estate...the largest bubble in history. EVERYTHING ELSE is going "TO THE MOON" as Ralph Cramden used to say.

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Christina's avatar

Thanks for the piece, you sure did cut to the chase! You’re a great writer.

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Danicator's avatar

Totally agree with you Greg thank you

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VIPCO's avatar

Just saying I dont know much but.... If you want a good example of Americas future look at Venezuela closely the last 40 years, I am afraid its headed that way they do have great gold there too. I just dont think people get it Chinas central bank has a balance sheet, but they also have one or two balance sheets for bad assets, and it is all built on top of our house of cards. It is funny you go to Suifenhe (border Russia and China) or the interior provinces and if the Yuan was so strong why do people trade in 555 and Marlboro Cigarettes and Jonny Walker Black? I am just saying Chinese print impressive maps, fake pictures, and fake bonds and what currency too. Can they print a $100.00 US with security strips or say a Nigerian Naira well hell yes. Same program as Nazis in WWII on Britain and US currency. I honestly think people in America should learn to barter you buy and store Augason Farms 25-year shelf-life food things preppers talk about and learn to grow your own stuff. Develop a group of people you can trade with in a community today, so you sustain yourself as the world turns into Venezuela.

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VIPCO's avatar

Greg this is all by design of a bunch of academics they never did the trench time Modern Monetary Theory is wonderful but it does not work in the Thunderdome.

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Ed Koller's avatar

IT'S COMING. THE FOURTH TURNING!!

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BooBoo's avatar

(I am afraid its headed that way they do have great gold there too)

But the USA has no gold......Fact

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VIPCO's avatar

You can run to the hills this fall and it will be in the streams. I spend half the year in Africa so gold is around but its dangerous business bam bam bling bling.

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BooBoo's avatar

That does not change that the USA has no gold in Fort Knox......Fact

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VIPCO's avatar

Fort Knox and West Point do have gold in the vaults but the question is are those bars loaded bars meaning they have a specific steel in the middle. You also have allot of gold nuggets that will be released in California due to the floods in the streams if you wanna work and pan and use Sluice Box best time would be about August 1, 2023 that stuff should be about 18 karat but you need to really take it to one of the big refinery like Salt Lake or Ohio thats a Texas owned refinery and take it to .9999.. If you wanted to take it to .99 I can do that for you with a blow torch and some choline we dont have a miller process rig in America right now.

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BooBoo's avatar

USA has no gold and no money, all they have is debt.....Fact

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Dietmar's avatar

Thanks for keeping us informed.

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Christina's avatar

Teamwork makes the dream work ☀️

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Kyle's avatar

Yup, thanks Greg. Hyperinflation is a monetary event. The debt (currency) has already been created and is working its way through the system. When all that currency (debt) hits all at once it's over.

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Bill Michael's avatar

We are in real trouble. The FED may lose control if they have not already.

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Gregory Mannarino's avatar

No trouble at all. What is happening now is all by design. They need to bring the current system down.

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Brook’s Golden State Of Mind's avatar

I like how you respond to comments Greg! Credibility is a beautiful thing in my opinion.

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Gregory Mannarino's avatar

I try but its hard. I have no time for anything anymore... so busy.

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Ed Koller's avatar

As inflation and the FED cotinuously erode the value of the dollar, that Gold and Silver would be rising a lot fasrer then it is. The rigging is so out in the open that the powers to be would be humilitied and red faced for their crimminal ways. But money is the root of all EVIL so nothing changes. Ed K

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4theHaveNots's avatar

WAR = inflation 100% back tested

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BooBoo's avatar

Control!

"Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world."

( Henry Kissinger)

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Jay Blue's avatar

Soros in 2009: “A decline in value of the dollar is necessary…China will be the engine driving it forward… a managed decline of the dollar.“

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Christina's avatar

Welp, that creature again? The really sad thing is when he finally does keel over, his foundations and the massive damage he’s done lives on

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Jay Blue's avatar

That thing has children, too, that will continue the destruction.

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Straw Man's avatar

And the clowns 🤡 that think they’re going to have a seat 💺 at the table

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Greg Morrow's avatar

Sounds like a "crack-up" boom is coming.

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Tim Lindsay's avatar

How does the decreasing money supply affect all of this? I believe it’s down about 5%.

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Gregory Mannarino's avatar

I do not believe the data.. IMO, the money supply is growing, How do we know this? because the debt is growing.

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Ed Koller's avatar

What we don't know is how much the Fed has put into the banking system and other entities off budget. It could be multiple trillions of dollars. The end in neigh. Ed K

P.S. Always great insight, thanks.

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