Oil almost back to $73. I think OPEC is trying to lower the price short term so that long term they can squeeze it even higher. If oil is cheaper right now then producers will extract less of it so there will be less future supply (and then of course they will jack their price back up)
Greg, in my opinion February will be a very bad time to be in the market. The fed indicated that they will not be cutting rates when they let two banks fail as a result of their raising interest rates. It was well known that there was that risk back in the 2022 FOMC meeting. They are also shifting collateral assets for many banks to international holdings, and the BRICS had significant news last week alongside the other issues such as the FED needing to close out the bailout fund for those banks. Irrational exuberance has permeated this market to such a degree that the bearish sentiment is almost certinaly understated.
Is it wrong to take a profit? An old saying goes " pigs get fat and hogs get slaughtered " Are you a pig or a hog? Why should anyone else care when Greg sells? Are they going to take his loss? Greg, always says " think for yourself ". Nobody forces you to listen to Greg. A friend once told me " don't get mad and go away, just go away " Trying to help others is many times a thankless task. GREG,thanks for trying to help.
Well I learned something new today by listening to your video this morning Greg. Sentiment. It’s kinda like that in life . People who are envious or have hidden motives will try to mislead us in the wrong direction sometimes and we have to listen and learn to judge their character and stick to our own knowledge from experiences. We live and listen and learn the rules and how to play the game to win if we want to get rich and richer. . Xoxo.
The only reason they will prop up the markets longer is to avoid having a Trump victory in November. If they succeed in somehow stopping him from running, then look out below because they will no longer prop it up. The oi only other reason to prop it up is if the authoritarian CBDC is not ready for prime time.
I wish i found this guy years ago. Used to be a cnbc junkie, so as u can imagine, i didnt fair so well & mostly got out of the market.
Thank you Gregory
Never trust a Palestinian
Who is the Palestinian?
Would u trust an israeli instead?
Yes
for many years this blog had the right call and guidance. the current weekly flipflop makes it noise like nearly every other youtuber.
If you can get out of debt and you will survive....
Oil almost back to $73. I think OPEC is trying to lower the price short term so that long term they can squeeze it even higher. If oil is cheaper right now then producers will extract less of it so there will be less future supply (and then of course they will jack their price back up)
Greg, in my opinion February will be a very bad time to be in the market. The fed indicated that they will not be cutting rates when they let two banks fail as a result of their raising interest rates. It was well known that there was that risk back in the 2022 FOMC meeting. They are also shifting collateral assets for many banks to international holdings, and the BRICS had significant news last week alongside the other issues such as the FED needing to close out the bailout fund for those banks. Irrational exuberance has permeated this market to such a degree that the bearish sentiment is almost certinaly understated.
Is it wrong to take a profit? An old saying goes " pigs get fat and hogs get slaughtered " Are you a pig or a hog? Why should anyone else care when Greg sells? Are they going to take his loss? Greg, always says " think for yourself ". Nobody forces you to listen to Greg. A friend once told me " don't get mad and go away, just go away " Trying to help others is many times a thankless task. GREG,thanks for trying to help.
Remember the DOW-Gold-Silver ratios.
Well I learned something new today by listening to your video this morning Greg. Sentiment. It’s kinda like that in life . People who are envious or have hidden motives will try to mislead us in the wrong direction sometimes and we have to listen and learn to judge their character and stick to our own knowledge from experiences. We live and listen and learn the rules and how to play the game to win if we want to get rich and richer. . Xoxo.
MMRI 263 resistance. Though shall not pass!
The only reason they will prop up the markets longer is to avoid having a Trump victory in November. If they succeed in somehow stopping him from running, then look out below because they will no longer prop it up. The oi only other reason to prop it up is if the authoritarian CBDC is not ready for prime time.