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BooBoo's avatar

Peter Schiff

@PeterSchiff

#Apple is cutting production of the new iPhone 14 due to weaker than expected demand. This is more evidence of #inflation and #recession, as weaker economies and higher prices mean consumers can't afford to buy the newest iPhones. This problem is likely not confined to iPhones.

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Aj's avatar

I just read a great article on ZeroHedge by Peter Schiff and it had a profound analogy: “Just because the boats around you are sinking faster than yours, it doesn’t mean you’re safe”…..One more reason to buy physical gold and silver.

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Sue's avatar

Spot on!

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Anthony's avatar

Pure Puffery

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Elsa's avatar

Just started listening to you, from a friend's recommendation. Fabulous info. And fabulous delivery - fake orgasms!!!

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Gary Sattman's avatar

wait...their fake???

he, he

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Lance's avatar

thank you Greg for all your updates........i am enjoying the learning experience that you bring forward in your updates

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ChrisCoonsToupee's avatar

We represent the Lollypop Gilt, The Lollypop Gilt, The Lollypop Gilt.

And in the name of the Lollypop Gillllt!

We wish to welcome you to Meltdown Town!

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William Benedict's avatar

They are not ready yet to bring the total one world government on. They have to keep the system going for a while .

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Aj's avatar

Consider the timing of the USA blowing up the Nord Stream pipeline at the behest of the WEF. Perhaps they did so knowing that Putin will retaliate with an EMP detonation over Washington DC or something similar. By poking and provoking Russia, the Brandon Administration is handed a convenient excuse to declare Martial Law and suspend the midterm elections…..Food for thought.

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Sue's avatar

Crap. This whole thing is like Wag the Dog right? I should watch that again while I still can.

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William Benedict's avatar

I had the same thought

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Aj's avatar

Despite the threat of global thermonuclear war and famine from President JoeTard PuddinPop, at least we don’t have to read mean Tweets from the Orange man….so there is that.

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Sue's avatar

😂 true

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Sue's avatar

This whole thing is surreal.

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Sue's avatar

Through the midterm elections at least?

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ChrisCoonsToupee's avatar

I'm not sure it will last that long!

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Sue's avatar

You’re most likely right. I guess I shouldn’t get too comfy.

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Adela's avatar

And just like that, when I turn bearish market goes the other way. I hate that over the past few days of the 10 year yield spiking up like that the market was not going down significantly. It's hard to even trust the 10 year yield.

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American State National's avatar

England banks buying long yield.bonds (quantitative easing) to "help" their economy and promote spending is just betting on their slave assets living for 10 more years.... its a big gamble since they shot their slaves with poison!!! Duh!

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Jenya's avatar

Love what you do. Thank you for showing up and simplifying it for the rest of us.

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LTINFP R2J2's avatar

The power of the printing press.

Tomorrow's GDP report will erase all the gains today is my guess.

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Rich's avatar

FLIPPING HAS STARTED. HELLO HYPERINFLATION

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RAINER's avatar

Once again I sign up.

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Me's avatar

I don't understand what this means or the implication. Is this the fed pivot? Is it time to sell my spy put that is in the money now?

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Phantomofthetradingpits.'s avatar

Seems Apple each quarter gives poor outlook.

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fluks1's avatar

Thank you Greg.

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Gary Sattman's avatar

I think the Brits are also changing their high denomination currency from paper/cloth to polymer/plastic, not sure if related to the BOE 10 yr rate scuttling

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