The rise in Cryptocurrency's and Precious Metals should be concerning, followed by the rise in the Ten Year Yield and DXY over the past three years. In February of 2020, this channel was expressing concerns about how every corner of the market was rising in price at an alarming rate, except for bond yields and the DXY. Just several months ago, the MMRI hit its highest point in 16 years, and interest rates had risen at their fastest pace ever, followed by the first time in history where interest rates and the Ten Year Yield collapsed below 1% at the same time. The warning signs are painting a picture not seen since prior to the Pandemic Crash, and the end of 2007. Most people don't understand what being "net long" is in the market...when they hear someone say "I am going to buy every dip", they don't realize that the risk tolerance could last months to years for holding, and this is one of the aspects of this channel that most people don't get...and it's very misleading. There are more warning signs of a crash than I have ever seen, and the rhetoric on this channel to is to "buy, buy, buy", completely ignoring those warning signs that had been mentioned in the past, during one of the greatest flash crash's in decades. If you are buying "net long", just keep some "powder dry", as Greg has said, because this market has the potential to crater just as fast and much as 2020 any minute.
Agree gold above $2000 without anything even bad happening yet should be a warning in itself , I am far from a market expert but this looks like field with landmines and i'm running the other way you guys best of luck in the casino.
A Zerohedge commenter says UBS has a massive payment to make on 12/15 (friday) which they will likely default on. Just a rumor (no link to back it up) but that wouldn't surprise me.
Greg what do you think about emerging markets? I think once the petrodollar system ends there’s going to be a lot of developing countries who will do much much better while the US and Europe declines. I was thinking about buying some VWO
Everything is staged! I just lmao. Everything is in the phone you already have and carry In your hand or have near you. You’ll just have a smarter phone with updated inf. Travel light and carry what you need to carry. Consider liquidating stuff you don’t actually need and put that money in what you do need or will need. I learned a few things from watching and listening to AJ! That’s how you prepare. Be more discreet as well.
But the consumers are still doing great. Rip sales during Thanksgiving. Contrary to the popular belief perpetrated by the main stream media that the consumers are under pressure, the fact remains that the sales are rising at a rapid pace. See the Thanksgiving sales numbers.
but banks are extending credit. It means they know consumers will pay it back with interest. Will you give loan to a broke person? I suspect a rip-roaring Christmas
The rise in Cryptocurrency's and Precious Metals should be concerning, followed by the rise in the Ten Year Yield and DXY over the past three years. In February of 2020, this channel was expressing concerns about how every corner of the market was rising in price at an alarming rate, except for bond yields and the DXY. Just several months ago, the MMRI hit its highest point in 16 years, and interest rates had risen at their fastest pace ever, followed by the first time in history where interest rates and the Ten Year Yield collapsed below 1% at the same time. The warning signs are painting a picture not seen since prior to the Pandemic Crash, and the end of 2007. Most people don't understand what being "net long" is in the market...when they hear someone say "I am going to buy every dip", they don't realize that the risk tolerance could last months to years for holding, and this is one of the aspects of this channel that most people don't get...and it's very misleading. There are more warning signs of a crash than I have ever seen, and the rhetoric on this channel to is to "buy, buy, buy", completely ignoring those warning signs that had been mentioned in the past, during one of the greatest flash crash's in decades. If you are buying "net long", just keep some "powder dry", as Greg has said, because this market has the potential to crater just as fast and much as 2020 any minute.
Agree gold above $2000 without anything even bad happening yet should be a warning in itself , I am far from a market expert but this looks like field with landmines and i'm running the other way you guys best of luck in the casino.
A Zerohedge commenter says UBS has a massive payment to make on 12/15 (friday) which they will likely default on. Just a rumor (no link to back it up) but that wouldn't surprise me.
Greg, I'd appreciate it if you could comment on this article regarding a massive pending equity swap described at the following link and whether it could impact the markets thanks https://halturnerradioshow.com/index.php/en/news-page/world/bank-books-149-trillion-equity-swap-due-to-expire-settle-on-december-15
Greg what do you think about emerging markets? I think once the petrodollar system ends there’s going to be a lot of developing countries who will do much much better while the US and Europe declines. I was thinking about buying some VWO
Gold getting slammed down again today.
Waiting for the gold monkey hammer.
Everything is staged! I just lmao. Everything is in the phone you already have and carry In your hand or have near you. You’ll just have a smarter phone with updated inf. Travel light and carry what you need to carry. Consider liquidating stuff you don’t actually need and put that money in what you do need or will need. I learned a few things from watching and listening to AJ! That’s how you prepare. Be more discreet as well.
But the consumers are still doing great. Rip sales during Thanksgiving. Contrary to the popular belief perpetrated by the main stream media that the consumers are under pressure, the fact remains that the sales are rising at a rapid pace. See the Thanksgiving sales numbers.
It's all on credit.
but banks are extending credit. It means they know consumers will pay it back with interest. Will you give loan to a broke person? I suspect a rip-roaring Christmas
"Pay it back?"
Good one.
Debt maxxing and walking away was once a meme. I think it's starting to become a REALITY now as people are giving less of a f*ck.