My best guess is that the big drop in crude oil is the main reason. The banks are tied to crude oil. Comments from GS about negative effects from travel restrictions to China and Hong Kong didn't help, either.
I had a position in KBE that I really didn't want to liquidate, but figured it was too dangerous to hold on. So I took my 9% profit and out the door I went.
Hey Greg, bought 5 stealth mint nfts last night on the Solana blockchain which I told you about sol on YouTube at 22 a pop. 1 sol each was the price. Sold 1 at 5 even steven. Sold one at 10 sol 2300 profit and have 3 left. I like.
TGT is a good position as is WMT as people will have to buy what they need over time
at discount places inclusive of Costco, BJ's, etc. I'm still quite reticent about crypto's
even in consideration of the decline in value in the US Dollar as Greg had explained.
Cryptos have zero backing them except FOMO- Fear Of Missing Out and are not backed
up by the FDIC as is the case with any account in a bank. If your crypto takes a bath like
all speculation bubbles normally do you can lose everything. The quote of the week about
cryptos was on Yahoo News today "Jamie Dimon sees Bitcoin to go to $146,000!" The liar
of Wall Street that has cheated everyone and pushing any and all bs over time telling you
the "sky is the limit" with any crypto should tell you why you shouldn't be in it unless you
can lose it all.
On the question or topic of oil, I think my analysis on oil and natural gas was right on target
as if oil goes up too much such as $100 or$200 or even $300 per barrel it makes oil less
competitive with other energy options inclusive of the new electric fleet trucks, cars, most
likely trains as Elon Musk has advised meaning with higher and higher oil and natural gas
fuel cost to consumers, consumers will look to alternative fuel sources outside of fossil fuel
based products such as electric and hydrogen fueled vehicles. I believe Toyota is moving to
a hydrogen based fuel in their new hybrid models so over time the oil and natural gas industry
will wane not entirely off course but within the next decade; most likely by 2035. That in and
of itself places heavy weight on oil producing nations such as in the Middle East, Africa,
South America and of course Russia and Putin. They live or die with the oil and natural gas
price going up "not down"! Final piece on this delicious cake for the future, is Exxon in a big
news article is selling "away" it's shale oil fields, etc. and "lost" 22 Billion in 2020!!!! Now with
oil prices going up, why would a big oil producer like Exxon sell it's shale fields, etc. and
lost $22 Billion in 2020 alone if oil prices are inflated and up???!!! Naturally, they wouldn't
but more so offer up new stock or preferred stock or preferred bonds to obtain new cash
flow with which to grow or reduce the weight of the loss of $22 Billion in 2020!!!??
As far as World News, I think people in the Western Nations and many others for that matter
are coming around to the conclusion that Russia/Putin and China/Xi Jinping are not their Big
Buddies but more so folks that sucker punching their new victim states/actors with promises
of lucrative contracts/ payoffs that don't go to or are for the indigenous citizens of those new
victim states but more so a short and shallow feed bag for the victim states so they acquiesce
to their take over by Russia and China for the few crumbs for the upper echelons while ending
up to starve out the masses. How do they do it you ask? Well in Africa the African Nations I
thought were so post colonial street smart signed deals with China so that China would build
their railroad, road and port infrastructures which is a "debt on the backs of the indigenous
citizens of those said victim nations. Then, they place in that very same contract that Chinese
Contractors are provided 90% of the contracts for the infrastructure work to be done in that
victim nation state. The other 10% of the contract is provided for lower cost work which is
provided to the victim state's people at low wages and provisions. The infrastructure itself,
the ports, railways, roads, etc. is provisioned "not" for the nation state, nor it's citizenry but
more for China to transport "raw materials, metals, etc." out of the nation states interiors out
to the ports to be transported to the factories in no other than China. Then China produces
cheap radios and junk and ships it to those same victim state ports to be sold to the citizens
of that nation state thereby sucking back out the 10% of the initial contracts as well as even
more of any savings of the victim nation states people thereby making them over time net
"debtor nation states and victim citizenry" to no other than China. The Russians do this same
magic trick through sales of energy sales to the former WWII EEU that buys Russian natural
gas and oil most likely only to empower Russia to remilitarize on the edge of no other than
Eastern and Western Europe and even as each nation state inclusive of France, Italy, Germany
all say they can defend themselves, they have summarily created two monolithic monsters
next door that now threaten to eat their lunch and possibly create them into captured vassal
states of their beast Eurasia from 1984 George Orwell!!! Even Angela Merkel now laments her
so called trusting the Chinese over decades as well as the Russians as historically we see what
happens when you enrich nearby neighbors on your borders. They generally become so powerful
that they can crush you like a cheap soda can and you "still buy their sh__ from them and become more delusional as to your national sovereignty and position/standing in the World
as well as national security. China just shot a hypersonic missile into space and then it impacted
within a reasonable proximity in China so the target. Russia just blew a satellite target out of
orbit with debris threatening the Space Shuttle Crew and the US is mulling around with 9
hypersonic missile tests over the years and years even though spending according to our
own US Defense Department Trillions of Dollars so the question then becomes where did
all that gravy train go folks in America as we don't have these same type of weapons??!!
And we think we have national security as well??????!!!!!
On the commodities side of things all our crop type futures are going up which means
possible higher costs even as Deere Tractor Employees on strike, Deere Tractors have got
to be dragged to the Deere Dealership for software repair and our supply lines situations
continues.
One final footnote, Bill Gates has stated today where his new high tech nuke plant will be
in no other than Wyoming the nesting spot of the rich and famous out of civilization line
of site. So, what does that tell you folks! Wyoming Idaho Montana, same thing with their
Until Nov 8, 2022 we can count on huge stimulus after stimulus and the assets will remain inflated.
Then victory for Republicans due to inflation. Lame duck Biden won't be able to pass any more stimulus and it will be over for the market till 2024. Then the era of hyper printing begins again
Dead meat silver is breaking it's back just to cross 200 DMA in 40 years only to fail and fail again. Talk about a pathetic investment. Toilet papers have beaten the shit out of silver for the last 40 years. Whole lot of silver bugs are now dead waiting for silver to go up against the King of all currencies and have been eaten up by other bugs in their grave.
Yes until Dec 31 no problem. Big guys want to sell in January. However, Biden will ensure that there is no crash before mid-term. So even more time before the crash
Anyone: Why did the trapdoor fall on the banking sector today?
Because the price went down.
because oil went down
My best guess is that the big drop in crude oil is the main reason. The banks are tied to crude oil. Comments from GS about negative effects from travel restrictions to China and Hong Kong didn't help, either.
I had a position in KBE that I really didn't want to liquidate, but figured it was too dangerous to hold on. So I took my 9% profit and out the door I went.
Great job Clayton! Take your money and RUN! A gain is a gain! 👍 😃
Are we still buying the bank dips?
Right?
Check out v
I'm reporting you to the SEC you pumper LOL! Fuc those Feds & Trolls!
Hey Greg, bought 5 stealth mint nfts last night on the Solana blockchain which I told you about sol on YouTube at 22 a pop. 1 sol each was the price. Sold 1 at 5 even steven. Sold one at 10 sol 2300 profit and have 3 left. I like.
Tgt loves transgender demons. No thanks Greg.
TGT is a good position as is WMT as people will have to buy what they need over time
at discount places inclusive of Costco, BJ's, etc. I'm still quite reticent about crypto's
even in consideration of the decline in value in the US Dollar as Greg had explained.
Cryptos have zero backing them except FOMO- Fear Of Missing Out and are not backed
up by the FDIC as is the case with any account in a bank. If your crypto takes a bath like
all speculation bubbles normally do you can lose everything. The quote of the week about
cryptos was on Yahoo News today "Jamie Dimon sees Bitcoin to go to $146,000!" The liar
of Wall Street that has cheated everyone and pushing any and all bs over time telling you
the "sky is the limit" with any crypto should tell you why you shouldn't be in it unless you
can lose it all.
On the question or topic of oil, I think my analysis on oil and natural gas was right on target
as if oil goes up too much such as $100 or$200 or even $300 per barrel it makes oil less
competitive with other energy options inclusive of the new electric fleet trucks, cars, most
likely trains as Elon Musk has advised meaning with higher and higher oil and natural gas
fuel cost to consumers, consumers will look to alternative fuel sources outside of fossil fuel
based products such as electric and hydrogen fueled vehicles. I believe Toyota is moving to
a hydrogen based fuel in their new hybrid models so over time the oil and natural gas industry
will wane not entirely off course but within the next decade; most likely by 2035. That in and
of itself places heavy weight on oil producing nations such as in the Middle East, Africa,
South America and of course Russia and Putin. They live or die with the oil and natural gas
price going up "not down"! Final piece on this delicious cake for the future, is Exxon in a big
news article is selling "away" it's shale oil fields, etc. and "lost" 22 Billion in 2020!!!! Now with
oil prices going up, why would a big oil producer like Exxon sell it's shale fields, etc. and
lost $22 Billion in 2020 alone if oil prices are inflated and up???!!! Naturally, they wouldn't
but more so offer up new stock or preferred stock or preferred bonds to obtain new cash
flow with which to grow or reduce the weight of the loss of $22 Billion in 2020!!!??
As far as World News, I think people in the Western Nations and many others for that matter
are coming around to the conclusion that Russia/Putin and China/Xi Jinping are not their Big
Buddies but more so folks that sucker punching their new victim states/actors with promises
of lucrative contracts/ payoffs that don't go to or are for the indigenous citizens of those new
victim states but more so a short and shallow feed bag for the victim states so they acquiesce
to their take over by Russia and China for the few crumbs for the upper echelons while ending
up to starve out the masses. How do they do it you ask? Well in Africa the African Nations I
thought were so post colonial street smart signed deals with China so that China would build
their railroad, road and port infrastructures which is a "debt on the backs of the indigenous
citizens of those said victim nations. Then, they place in that very same contract that Chinese
Contractors are provided 90% of the contracts for the infrastructure work to be done in that
victim nation state. The other 10% of the contract is provided for lower cost work which is
provided to the victim state's people at low wages and provisions. The infrastructure itself,
the ports, railways, roads, etc. is provisioned "not" for the nation state, nor it's citizenry but
more for China to transport "raw materials, metals, etc." out of the nation states interiors out
to the ports to be transported to the factories in no other than China. Then China produces
cheap radios and junk and ships it to those same victim state ports to be sold to the citizens
of that nation state thereby sucking back out the 10% of the initial contracts as well as even
more of any savings of the victim nation states people thereby making them over time net
"debtor nation states and victim citizenry" to no other than China. The Russians do this same
magic trick through sales of energy sales to the former WWII EEU that buys Russian natural
gas and oil most likely only to empower Russia to remilitarize on the edge of no other than
Eastern and Western Europe and even as each nation state inclusive of France, Italy, Germany
all say they can defend themselves, they have summarily created two monolithic monsters
next door that now threaten to eat their lunch and possibly create them into captured vassal
states of their beast Eurasia from 1984 George Orwell!!! Even Angela Merkel now laments her
so called trusting the Chinese over decades as well as the Russians as historically we see what
happens when you enrich nearby neighbors on your borders. They generally become so powerful
that they can crush you like a cheap soda can and you "still buy their sh__ from them and become more delusional as to your national sovereignty and position/standing in the World
as well as national security. China just shot a hypersonic missile into space and then it impacted
within a reasonable proximity in China so the target. Russia just blew a satellite target out of
orbit with debris threatening the Space Shuttle Crew and the US is mulling around with 9
hypersonic missile tests over the years and years even though spending according to our
own US Defense Department Trillions of Dollars so the question then becomes where did
all that gravy train go folks in America as we don't have these same type of weapons??!!
And we think we have national security as well??????!!!!!
On the commodities side of things all our crop type futures are going up which means
possible higher costs even as Deere Tractor Employees on strike, Deere Tractors have got
to be dragged to the Deere Dealership for software repair and our supply lines situations
continues.
One final footnote, Bill Gates has stated today where his new high tech nuke plant will be
in no other than Wyoming the nesting spot of the rich and famous out of civilization line
of site. So, what does that tell you folks! Wyoming Idaho Montana, same thing with their
grey poupon and race cars!!!!
Silvers time will come. Maybe after the Reset.... who knows. It is so heavily suppressed. Spend some time on GATA's website.
GATA is full of shit. There is no demand for physical silver anywhere in the world.
you have zero understanding! Keep hoarding your dollars. LMFAO
it takes me less than 5 seconds to go from long dollar to short dollar
Can do the same with any online paper asset .... crude, Nat Gas coffee, pork bellies, cryptos, SPY, Bonds and yes Forex
Here is the USA Stock market crash calendar
https://ballotpedia.org/United_States_Congress_elections,_2022
Until Nov 8, 2022 we can count on huge stimulus after stimulus and the assets will remain inflated.
Then victory for Republicans due to inflation. Lame duck Biden won't be able to pass any more stimulus and it will be over for the market till 2024. Then the era of hyper printing begins again
We don't look at PE ratio and earnings and other BS like that
Dead meat silver is breaking it's back just to cross 200 DMA in 40 years only to fail and fail again. Talk about a pathetic investment. Toilet papers have beaten the shit out of silver for the last 40 years. Whole lot of silver bugs are now dead waiting for silver to go up against the King of all currencies and have been eaten up by other bugs in their grave.
Buy this dip :)
Yes until Dec 31 no problem. Big guys want to sell in January. However, Biden will ensure that there is no crash before mid-term. So even more time before the crash
Zero risk before that.
Nice one, it restores faith in humanity that we actually like to see others prosper , Thanks
Thanks Greg appreciate all that you do for us Lions.
Visa under pressure.....