49 Comments
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Ol Hickory's avatar

Market’s gonna get rug pulled by end of year

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BooBoo's avatar

Peter Schiff

@PeterSchiff

America will never be great again so long as you can create worthless crypto tokens, then pay off government officials to declare them valuable and use taxpayer money to buy them.

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BooBoo's avatar

Trump will make sure the U.S. is the Crypto Capital of the World!

The Brics countries will make Gold capital of the World!

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BooBoo's avatar

Warren Buffett never owned any Dot Com Stocks = Crash

(“In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” Buffett told CNBC in 2018. “We don't own any, we're not short any, we'll never have a position in them.”) = Crash ???

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john z's avatar

Greg, those stocks are too expensive, plz some much cheaper ones

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Dangerous_Freedom's avatar

Greg. Who would you recommend for a brokerage account?

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William Losch's avatar

I have been very happy with Fidelity.

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andy stevens's avatar

Charles Scwab for me

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William Losch's avatar

Also OK

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Andy's avatar

Just don’t use Interactive Brokers they are thieves and liars.

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Call me Dad's avatar

E*Trade, robinhood, any of them, but I think people like robinhood for their phones and nice format. I like E*trade myself for my iPad. You may want to look at brokerage accounts that offer you free stock as you sign up. This is definitely a nice little incentive. I think webull may be good too, but haven’t used it myself .

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Tom's avatar

JEPQ STILL HOLDING

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Mikythesaint's avatar

Are you interested in and Gold or Silver miners. Or any Junior Miners - do you have any on your Portfolio

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William Losch's avatar

"GOLD" is a very good one to own!

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BooBoo's avatar

My three largest Canadian gold mining holdings!

BTO

CXB

AGI

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William Losch's avatar

I own AGI

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Tanner's avatar

The juniors that have good ground and money to drill should be about to make a move.

No interest for so long,they are practically giving them away.

The right ones will e 10 baggers!

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ShoNuff's avatar

I was wondering the same. I have First Majestic (AG) and Wheaton Precious Metals in mine. AG has disappointed me over the years though.

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Mikythesaint's avatar

Thanks , I know its not the same as holding the real asset(which I have any way), but I cashed out everything from stock market, just kept a cash position and a few bonds. think I'm going to try the miners

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Das Raciss's avatar

Wheaton Precious Metals pays a nice dividend. JEPI is better tho, imo.

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Vike's avatar

As the precious metals attain escape velocity the amounts of revenue to these producers will be so much, I anticipate things like what happened to Homestake mining to happen again.

When stocks crashed in '29 Homestake was trading about $70/sh. Later in the 1930s Homestake stock was over $400/sh PLUS one year they issued a $58.00 dividend!

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Vike's avatar

I hate the stock market. It is a choreographed fraud designed to steal your funds. It is perhaps THE most corrupt entity on earth save the City of London.

Here is one example of how it works. In May of 1999 I was driving home from work while listening to the local financial news. There was an article that described how congress had passed the repeal of the Glass/Steagle Act which governed what areas investment banks could do business, President Bill Clinton said he would happily sign the bill into law.

Didn't hear any more on that subject till the end of Oct that year. The stock markets had been in a strong sell off for most of Oct when the news of the repeal of Glass/Steagle was disseminated.

This news turned stocks around. You can bet these Wall Street crooks were clued in and buying all the way down!

I expect the DJIA to hit 73,000 by this time next year. For you Fibonacci aficionados the 73 number comes from the half-cycle part of the Fibonacci series. This is a series that goes 1-5-6-11-17-28-45-73-128 etc. Since the DJIA so far has hit 45,000 the next number is a natural to me.

Obviously some type of impetus will need to occur, something so stimulative the stock jockeys will have thought they died and are in stock heaven!

I wonder if we could get there if the US govt sent everyone a check for $50K? Go ahead and use your imagination and I'm sure you can formulate a plan. Remember, anything is possible when the Federal Reserve is involved! For as Paul Warburg, main architect of the Federal Reserve stated, "The Federal Reserve is a fount of credit, not of capital." In other words you can borrow any amount you can think of but in credit only!

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Harvey Street's avatar

Greg, I thought you may want to see this video of drag racing since you are into that.

https://www.bitchute.com/video/pkvhYapXFWKM/

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One Small Voice's avatar

Very grateful 🙏 Thank you Greg

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Strange's avatar

I like PEP more than KO.

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Joseph's avatar

Thanks Greg

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MoodyP's avatar

$MSFT as a short maybe.

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Tom's avatar

Thanks Greg!!!

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ever see a lion riding a bull's avatar

Announced this morning are 5 cryptos that will be in the US Crypto Reserve:

xrp, cardano (ada), solana (sol), bitcoin, and ethereum.

It has been discussed, but apparently not finalized yet, that cryptos from the US will not be taxed: xrp and ada are in that category for sure, I'm not sure about solana. bitcoin and ethereum do not fall in that category, from what I currently understand.

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BooBoo's avatar

@PeterSchiff

America will never be great again so long as you can create worthless crypto tokens, then pay off government officials to declare them valuable and use taxpayer money to buy them.

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ever see a lion riding a bull's avatar

Stocks, and crypto, "climb a wall of worry". Keep worrying so they can keep climbing.

As Chuck Barone taught me, it used to be illegal and considered stock manipulation for companies to buy their own stock. Today it's a catalyst for prices of said stocks to go up. So we can ignore it, watch them go up, or participate. I choose to participate rather than ignore, or just be a spectator.

Regarding Peter Schiff, watch what he does, not just what he says. What he does is, he, like many other online gold and silver exchanges, will take crypto as payment!

"As early as 2014, Schiffgold was one of the first physical gold companies to accept cryptocurrency via Bitpay. We strive to stay on top of the market and offer our clients multiple ways to purchase their precious metals. As always, we ensure the safest means of transactions and offer the best customer service within the market."

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stuart james hoetker's avatar

MO, MPLX

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Bill Alvarez's avatar

What do you think about CAT caterpillar. Buy or sale 🤔

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William Losch's avatar

For most people it is best to own an "ETF" which contains either the senior or junior gold mining companies. Or to own gold financing companies like "RGLD" or "FNV."

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