No it's not. Every mall, restaurant is full! By far the hottest thanksgiving ever. Gold bugs are hiding under the rock holding their bars, soiling their pants in fear. It's a clear sign that everything is great. When gold bugs starts selling gold and start buying google, apple, Amzn, MSFT, I will see and get out. Simple Strategy, unbelievable rewards.
Yes! Trump is the deep state but 80% of the American Sheep(people) have been dumbed down and brainwashed since birth and believe that their politicians have their best interest and they keep on voting for them...Sad
Greg.......do you subscribe to Catherine Austin Fitts' The Solari Report magazine/website??
CAF.....BRILLIANT woman! She is the only one that I trust with the WHOLE picture of ALL things financial. If you're 'confused' about some of the things that are happening, I'm sure getting Catherine's insights on things, will make a clearer picture for you; she has more pieces to the puzzle, as it were!
There wasn’t this much hype to buy the market during the dot com bubble or the 2006-2008 bubble. People were just greedy, and kept the greed for themselves. Now it feels different, like a trap. 2020 wasn’t about greed, it was about being able to print more money to keep the debt market inflated. I think they over bought the bond market and now it’s leaking like Chernobyl. Powell himself said the FED did too much during the pandemic…and it makes sense because it was the first time in history where rates went to zero parallel with bond yields. I think the entire market, stock market and debt market, has reached a tipping point and this is one last bull run before “the great taking” begins. The party happens after rates are cut, not before. The party looks like it’s almost over to me.
They make you afraid to make you buy subscriptions or crap investment like gold etc. No nothing like that will happen and nothing like that has happened even after non stop calls for annihilation of USA and economy for decades. And oil ? I think think it's going under 60
plug in any amount and compare USA treasury to gold using periodic interest calc. You can see treasury has far surpassed gold.
But still there is one reason to buy gold ---- That warm and fuzzy feeling that it's going to 20000 or 50,000. Buy it and then go to your laptop with a cup of coffee. Read articles after articles on gold telling you how it's going to 20000. Kinda fun I guess.
I think we are on the verge of a revolution in wealth creation due to AI. It's a game changer. Godl is a sell imo until it crosses 2100 Then it's a momentum play for a short time. That's all
So Gold is a secure inflation hedge against the Loss of purchasing power of the USD (EUR etc.) Nothing wrong about that. For speculation every asset that moves (up or down doesn't matter) is a good asset.
Check my earlier post where I showed that US treasuries are far better protection against inflation.
"Let's begin with 1913 when the FED was created. Gold was at 20.72 then. 110 years later just at 5.5% average return, US treasuries have made $20.72 into 7484 while gold is at 2000"
Still think that gold is better than US treasuries?
Why are you keep taking example of 1970 like a gold bug.
Let's begin with 1913 when the FED was created. Gold was at 20.72 then. 110 years later just at 5.5% average return, US treasuries have made $20.72 into 7484
Schiff is out and pushing the limit of insanity by calling for possible 1000 silver or something like that. He wants to sell and pocket the commission. Whole lot of dumbdumb will actually believe it.
If the stock is going to be pushed higher in the short term, what's the best way to buy options to profit from this movement? I've bought options on individual stocks many times, but I've never bought on the stock market in general. Thoughts?
If you believe the market is headed higher, my suggestion is call options on either SPY or QQQ because they are very liquid and have narrow bid/ask spreads. Go out more than 90 days, so that's the March '24 calls. Choose a strike that's ITM with a lot of open interest, which usually means a strike that's a multiple of 5. If you're comparing two or three strikes, choose the one with lower theta and higher delta on an absolute value basis.
You're welcome. The general idea is that the market is treacherous so you want to do as much as possible to put safety factors and profitability factors on your side.
The definition of inflation given in the textbooks is wrong. It is deliberately wrong so that nobody understands the connections with central bank money creation. Again: The definition "Higher prices = Higher inflation" is WRONG. This is also a major reason why "economists" are constantly wrong with their forecasts. The correct definition is: "More debt = more money = inflation, which ultimately leads to higher prices. So higher prices are merely the CONSEQUENCE of inflation. Anyone who doesn't understand this can apply for a job at a reputable business newspaper, because that's the right place for those who don't understand.
FBI had agents EVERYWHERE on January 6th. You thought they wouldn't? Hahahahahahahahahahahahahaaaaaa! 🤣🤣
https://www.youtube.com/watch?v=XIYESmzwqLc
https://www.zerohedge.com/personal-finance/black-flag-friday-could-yesterday-be-harbinger-tapped-out-consumer
No it's not. Every mall, restaurant is full! By far the hottest thanksgiving ever. Gold bugs are hiding under the rock holding their bars, soiling their pants in fear. It's a clear sign that everything is great. When gold bugs starts selling gold and start buying google, apple, Amzn, MSFT, I will see and get out. Simple Strategy, unbelievable rewards.
And your Starbucks is full there Waverider...LOL
Welcome back there Waverider and you are still a Loser, once a Loser always Loser...
Yes! Trump is the deep state but 80% of the American Sheep(people) have been dumbed down and brainwashed since birth and believe that their politicians have their best interest and they keep on voting for them...Sad
unlikely
They are all controlled by the Rich/Banks.
Since the history of mankind the rich have always been in controll and have called the shots and will always be....Fact
Greg.......do you subscribe to Catherine Austin Fitts' The Solari Report magazine/website??
CAF.....BRILLIANT woman! She is the only one that I trust with the WHOLE picture of ALL things financial. If you're 'confused' about some of the things that are happening, I'm sure getting Catherine's insights on things, will make a clearer picture for you; she has more pieces to the puzzle, as it were!
https://home.solari.com/
CAF on Rumble : SolariReport https://rumble.com/user/solarireport
November 10, 2022 | Swiss National Bank shareholders meeting in Bern - Swiss National Bank still sees no case for central bank digital currency
June 26, 2023 | Swiss National Bank shareholders meeting in Bern - SNB to launch digital currency pilot
November 2, 2023 | Future of Money - Swiss National Bank to pilot wholesale digital currency with UBS, other banks
WTI
By Irina Slav - Nov 23, 2023, 3:10 AM CST
Oil prices remained depressed early on Thursday morning, with WTI trading at $76.60 while Brent had fallen to $81.36.
Both WTI and Brent dropped dramatically on Wednesday when OPEC+ shocked markets by delaying its meeting due to a disagreement over production levels.
Further downward pressure was then put on oil prices when the EIA reported a sizeable build in U.S. crude oil stocks.
There wasn’t this much hype to buy the market during the dot com bubble or the 2006-2008 bubble. People were just greedy, and kept the greed for themselves. Now it feels different, like a trap. 2020 wasn’t about greed, it was about being able to print more money to keep the debt market inflated. I think they over bought the bond market and now it’s leaking like Chernobyl. Powell himself said the FED did too much during the pandemic…and it makes sense because it was the first time in history where rates went to zero parallel with bond yields. I think the entire market, stock market and debt market, has reached a tipping point and this is one last bull run before “the great taking” begins. The party happens after rates are cut, not before. The party looks like it’s almost over to me.
(The party looks like it’s almost over to me)
The party will be over when the Big Boys the Rich say its over and it will be over in 2024.
I am 70% in cash and 30% in gold and silver Canadian mining companies and looking to add some more...
"I'm 100% sure that the financial system will be done mid to end 2024."
Please tell us mid to end 2024 if you are still 100% sure..
They make you afraid to make you buy subscriptions or crap investment like gold etc. No nothing like that will happen and nothing like that has happened even after non stop calls for annihilation of USA and economy for decades. And oil ? I think think it's going under 60
Why gold is crap investment? Go to https://www.calculatorsoup.com/calculators/financial/compound-interest-calculator-periodic.php
plug in any amount and compare USA treasury to gold using periodic interest calc. You can see treasury has far surpassed gold.
But still there is one reason to buy gold ---- That warm and fuzzy feeling that it's going to 20000 or 50,000. Buy it and then go to your laptop with a cup of coffee. Read articles after articles on gold telling you how it's going to 20000. Kinda fun I guess.
I think we are on the verge of a revolution in wealth creation due to AI. It's a game changer. Godl is a sell imo until it crosses 2100 Then it's a momentum play for a short time. That's all
I am using
https://www.zinsen-berechnen.de/zinseszinsrechner.php
Here you can see Gold vs. 1 % / 3 % an 5 % interest per year:
https://www.comdirect.de/inf/rohstoffe/detail/chart.html?timeSpan=1D&ID_NOTATION=1326189#timeSpan=SE&benchmarkNotations=1&benchmarkNotations=3&benchmarkNotations=5&benchmarkColors=0c9c2e&benchmarkColors=ff4c5b&benchmarkColors=b428cd&selectedBenchmarks=true&selectedBenchmarks=true&selectedBenchmarks=true&e&
So Gold is a secure inflation hedge against the Loss of purchasing power of the USD (EUR etc.) Nothing wrong about that. For speculation every asset that moves (up or down doesn't matter) is a good asset.
Check my earlier post where I showed that US treasuries are far better protection against inflation.
"Let's begin with 1913 when the FED was created. Gold was at 20.72 then. 110 years later just at 5.5% average return, US treasuries have made $20.72 into 7484 while gold is at 2000"
Still think that gold is better than US treasuries?
How old are you there gringo?
Let me guess, you are 20 years old going on 10.
You say that gold is a bad crap investment, June 1970 gold was at $35.00 and 10 years later Jan. 1980 gold hit a high of $850.00 = + 2300%
Jan. 2000 gold was at $288.00 today gold is at $2000.00 = + 600%
Please do your self a favor and stop watching CNN and do some DD and think for your self if you can that is......GOLD IS KING...
Why are you keep taking example of 1970 like a gold bug.
Let's begin with 1913 when the FED was created. Gold was at 20.72 then. 110 years later just at 5.5% average return, US treasuries have made $20.72 into 7484
https://www.tradingview.com/chart/XRQKYF8C/?symbol=TVC%3ADXY
https://www.calculatorsoup.com/calculators/financial/compound-interest-calculator-periodic.php
And where is gold trading now after so much pump ? 2000 BWAAAAA HA HA HA
Use the links I provided above and try various timelines. Open your eyes and come to the brighter side.
Also there will be no systemic crash and no credit event ever. If they create a lot of credit, they will mop it up if needed by taxes.
- Think of the world a pot where newly created credit is thrown in
- When people pay back loan such mortgage every month, money is destroyed.
- Moreover, people in the pot can be taxed and taxed money can be destroyed if it's too much
Now Manarino will ban me because I spoken against gold. Let me add all cryptos will eventually go to zero and oil is headed to below 60
my best bet is 2032 (fo some specific reasons). we will see.
Why will it end? This types stupid calls have been going on for decades.
Gold up or down in 2024?
If up how high?
If low how low?
up. much higher.
Gregory... Just wanted to wish you and your family and friends a Wonderful Thanksgiving...
You are highly appreciated 🙏 here is Thailand...
https://www.zerohedge.com/political/consumer-watchdog-lists-5-woke-companies-avoid-during-holiday-buying
Schiff is out and pushing the limit of insanity by calling for possible 1000 silver or something like that. He wants to sell and pocket the commission. Whole lot of dumbdumb will actually believe it.
How old are you there gringo?
Let me guess, you are 20 years old going on 10.
You say that gold is a bad crap investment, June 1970 gold was at $35.00 and 10 years later Jan. 1980 gold hit a high of $850.00 = + 2300%
Jan. 2000 gold was at $288.00 today gold is at $2000.00 = + 600%
Please do your self a favor and stop watching CNN and do some DD and think for your self if you can that is......GOLD IS KING...
Hey Greg would love your take on George Gammon's video, especially the part about the FED not controlling anything?
Also the upside of Argentina in your mind?
Much thanks brother
https://www.youtube.com/watch?v=A0KTWj_NU_4
Doubtful. This rally will be short lived.
If the stock is going to be pushed higher in the short term, what's the best way to buy options to profit from this movement? I've bought options on individual stocks many times, but I've never bought on the stock market in general. Thoughts?
If you believe the market is headed higher, my suggestion is call options on either SPY or QQQ because they are very liquid and have narrow bid/ask spreads. Go out more than 90 days, so that's the March '24 calls. Choose a strike that's ITM with a lot of open interest, which usually means a strike that's a multiple of 5. If you're comparing two or three strikes, choose the one with lower theta and higher delta on an absolute value basis.
Very helpful. Thank you!
You're welcome. The general idea is that the market is treacherous so you want to do as much as possible to put safety factors and profitability factors on your side.
Thank you greg
Nat gas is back!
Happy Thanksgiving to you, and your family!
The definition of inflation given in the textbooks is wrong. It is deliberately wrong so that nobody understands the connections with central bank money creation. Again: The definition "Higher prices = Higher inflation" is WRONG. This is also a major reason why "economists" are constantly wrong with their forecasts. The correct definition is: "More debt = more money = inflation, which ultimately leads to higher prices. So higher prices are merely the CONSEQUENCE of inflation. Anyone who doesn't understand this can apply for a job at a reputable business newspaper, because that's the right place for those who don't understand.
you can see the inflationary environment in stock prices.