Thanks for keeping us ahead of this TWISTED MARKET Greg!!! 10 yr. yield up, stock market futures up, and I noticed crude oil might catch a bid this week too, and MASSIVE STIMULUS which is all STOCK MARKET POSITIVE!!! If you are loosing money trading this market with all this VOLITILITY then its your own fault!!! VOLITILITY is an options traders dream, and I sold one of my EBAY options today for 35.5% profit, and tomorrow until this BULL RUN runs out, I will cash in on a bunch more options, and then depending on the environment of FEAR vs. GREED I will either buy more CALLS or if it looks like a downturn I will buy more PUTS!!! Make money if the markets go up, and also make money if the markets go down. Simple as that, and I see all these people wanting Greg to explain to them why you are losing $$$$$, WELL THAT IS YOUR FAULT!!!
Fakery, and everything else in between "but" they still have all of us by the "gonzos" because
ultimately your valuation system of cryptos, gold, silver, platinum is all predicated upon the
"dollar" which is imploding in value as they print more and more money thereby defacing the
valuation of the dollar. So, unless you are willing to hang onto your investments in the precious
metals or cryptos rather than sell, you're still selling "into" at time of selling your positions whether fractionally or fully into "dollars" which are devaluated. You now have more and more
devaluated dollars to then do what with? Buy more silver, gold and cryptos to then do what?
Sell back into devalued dollars. This is how they have all of us by the gonzos as even if you
get more and more dollar value for the hard assets your "selling" into more and more Weimar
dollars rather than strong valuations. That's how they win and will win every time. Because they
can out wait the regular investors no matter how much money you make and then carry the
value upwards on any asset positions only to be converted at time of sale into you guessed it
dollar valuations which are less and less valuable as time progresses. In essence, the system
or matrix you can't beat. You can only "survive" the hyper inflation into less valuable dollar
positions at time of any closing of any positions stocks or other investments.
So, I invest into gold and silver stock positions or gold or silver or cryptos, if I ever decide to
take the "profit", I end up with devaluated dollars after the sale of my positions which are worth less and less not more and more even if I have a venerable mountain of dollars. This only means I have more dollars so I have to spend higher amounts of dollars to buy my stuff I want like food, water, homes, cars, or new positions in the "markets". Yet, have I gained in the sense of value in
all this? The answer is no of course. The only way you beat this system is you control the dollar
monetary process and diminish the devaluation fed market purchases and money being provided
like water. Or you do a conversion into a new fiat currency with weighted positions of value backing that new currency so that the new currency is significantly worth more than the current dollar. I call this the American Eagle Dollar conversion system predicated on weighted value
assets such as gold and silver backing the American Eagle Dollar thereby obviating the continuous devaluation process we currently see from the Fed. The Fed could also take this
action in obtaining gold and silver backing positions to negate current devaluation processes.
People were groaning when FDR seized gold and silver during the depression years replacing
it with dollars. What he in fact was doing was "backing" the "buck" so that the "buck" would
be seen as a more sound fiat currency. These things help all people of all income levels as
a sound currency provides the back bone for a sound, sane and properly growing economic
system whether here or around the rest of the world.
So if I need to bet against the dollar and be my own bank I need to hold less dollars and more assets like phsyical precious metals, metal stocks & etfs, regular stocks & etfs, and crypto.
I am already doing this, but I dont feel like I'm getting ahead. I think I'm weighted too heavily in crypto because I've gone from about 70k to 44k. Recently I've been buying physical silver at about 23 dollars an oz to hold while the dollar continues its collapse in value.
I guess what I really need to do is change my balance from 90% crypto, something where its a better balance crypto stocks and metals?
Anyone have any advice or feedback? Tired of getting rekt when I should be reaping the rewards.
Thanks for keeping us ahead of this TWISTED MARKET Greg!!! 10 yr. yield up, stock market futures up, and I noticed crude oil might catch a bid this week too, and MASSIVE STIMULUS which is all STOCK MARKET POSITIVE!!! If you are loosing money trading this market with all this VOLITILITY then its your own fault!!! VOLITILITY is an options traders dream, and I sold one of my EBAY options today for 35.5% profit, and tomorrow until this BULL RUN runs out, I will cash in on a bunch more options, and then depending on the environment of FEAR vs. GREED I will either buy more CALLS or if it looks like a downturn I will buy more PUTS!!! Make money if the markets go up, and also make money if the markets go down. Simple as that, and I see all these people wanting Greg to explain to them why you are losing $$$$$, WELL THAT IS YOUR FAULT!!!
Gm
The gold bugs see a very different outcome for the dollar.
Gold backed fiat.
Why?? History is in the gold bug favor but logic in your favor.
Logic doesn't always prevail !!!!!
Hello Gregory,
Fakery, and everything else in between "but" they still have all of us by the "gonzos" because
ultimately your valuation system of cryptos, gold, silver, platinum is all predicated upon the
"dollar" which is imploding in value as they print more and more money thereby defacing the
valuation of the dollar. So, unless you are willing to hang onto your investments in the precious
metals or cryptos rather than sell, you're still selling "into" at time of selling your positions whether fractionally or fully into "dollars" which are devaluated. You now have more and more
devaluated dollars to then do what with? Buy more silver, gold and cryptos to then do what?
Sell back into devalued dollars. This is how they have all of us by the gonzos as even if you
get more and more dollar value for the hard assets your "selling" into more and more Weimar
dollars rather than strong valuations. That's how they win and will win every time. Because they
can out wait the regular investors no matter how much money you make and then carry the
value upwards on any asset positions only to be converted at time of sale into you guessed it
dollar valuations which are less and less valuable as time progresses. In essence, the system
or matrix you can't beat. You can only "survive" the hyper inflation into less valuable dollar
positions at time of any closing of any positions stocks or other investments.
So, I invest into gold and silver stock positions or gold or silver or cryptos, if I ever decide to
take the "profit", I end up with devaluated dollars after the sale of my positions which are worth less and less not more and more even if I have a venerable mountain of dollars. This only means I have more dollars so I have to spend higher amounts of dollars to buy my stuff I want like food, water, homes, cars, or new positions in the "markets". Yet, have I gained in the sense of value in
all this? The answer is no of course. The only way you beat this system is you control the dollar
monetary process and diminish the devaluation fed market purchases and money being provided
like water. Or you do a conversion into a new fiat currency with weighted positions of value backing that new currency so that the new currency is significantly worth more than the current dollar. I call this the American Eagle Dollar conversion system predicated on weighted value
assets such as gold and silver backing the American Eagle Dollar thereby obviating the continuous devaluation process we currently see from the Fed. The Fed could also take this
action in obtaining gold and silver backing positions to negate current devaluation processes.
People were groaning when FDR seized gold and silver during the depression years replacing
it with dollars. What he in fact was doing was "backing" the "buck" so that the "buck" would
be seen as a more sound fiat currency. These things help all people of all income levels as
a sound currency provides the back bone for a sound, sane and properly growing economic
system whether here or around the rest of the world.
Greg, what's your favorite form of your favorite asset (silver)? Eagles, bars, etc.?
So if I need to bet against the dollar and be my own bank I need to hold less dollars and more assets like phsyical precious metals, metal stocks & etfs, regular stocks & etfs, and crypto.
I am already doing this, but I dont feel like I'm getting ahead. I think I'm weighted too heavily in crypto because I've gone from about 70k to 44k. Recently I've been buying physical silver at about 23 dollars an oz to hold while the dollar continues its collapse in value.
I guess what I really need to do is change my balance from 90% crypto, something where its a better balance crypto stocks and metals?
Anyone have any advice or feedback? Tired of getting rekt when I should be reaping the rewards.