The U.S. economy is on the path of Joseph Schumpeters Creative Destruction theory.
Creating artificial shortages to promote inflationary speculative pricing to prop up nominal capitalist property titles and save their bankrupt system.
My 401k is cranking it thanks to all the free money being pumped into the markets. I move the profits into guaranteed funds at a certain point and let the rest get me some more. Is that just terrible of me? Diversification. I play the board. Metals are lovely. You?
Perhaps because NO ONE really wants to live in a world where a loaf of bread is $20 but your 401(k) is at ATH.
As much as it’s admirable to continue to pump the markets and keep buying the dips, it’s not a world you want to pursue. The distraction IS the stock market. People won’t be going into the streets protesting and abolishing their corrupt-to-the-core government anytime soon while the markets make them salivate with profits.
I don't think the port strike timing near the election day is coincidental. Chaos may be preferred as a distraction strategy when doubt exists about incumbent candidates ability to win.
Thank you Greg.
Glad to see you back Greg!😊🙏🏼💙
THIS IS PROOF THAT GM IS RIGHT https://www.youtube.com/watch?v=4NYZRRyuXvk THE MELT UP
Love this guy too. Of course GM is right. Doing my best to remain unforked.
The U.S. economy is on the path of Joseph Schumpeters Creative Destruction theory.
Creating artificial shortages to promote inflationary speculative pricing to prop up nominal capitalist property titles and save their bankrupt system.
I don't think this is a good thing in any way.
Why?
Besides shortages of goods and medicines. The cost of things will go up.
Thing is nowadays, The further gold or markets goes up, so does everything else. 3k gold? 20 dollar cups of coffee.
Any profits we make will be taken by inflation. Not sure how that's beating the system.
I hope the stock markets and everyone's 401Ks plunge.
Why?
They are fake, phony and false. DOW-Gold ratio= 1:1.
My 401k is cranking it thanks to all the free money being pumped into the markets. I move the profits into guaranteed funds at a certain point and let the rest get me some more. Is that just terrible of me? Diversification. I play the board. Metals are lovely. You?
All paper assets are based on worthless Government/FED fiat money.
Perhaps because NO ONE really wants to live in a world where a loaf of bread is $20 but your 401(k) is at ATH.
As much as it’s admirable to continue to pump the markets and keep buying the dips, it’s not a world you want to pursue. The distraction IS the stock market. People won’t be going into the streets protesting and abolishing their corrupt-to-the-core government anytime soon while the markets make them salivate with profits.
I don't think the port strike timing near the election day is coincidental. Chaos may be preferred as a distraction strategy when doubt exists about incumbent candidates ability to win.
Greg it well just turn green by the end of the day. FED loves to pump up the champ
Buying jepi today.
It would be nice if Silver fell back abit more.
God willing
Will gold trend down?
You Still be right. Thanks.