Since the history of man kind the rich have been in control and have called all the shots and will always be in control, the rich are the government = Fact
Who controls the food supply controls the people
Who controls the energy can control whole continents
Greg I’ve been on board with you for years but I think we really need to rethink our exit strategy. I don’t think the MMRI is forward looking enough to get out in time.
Also before and during crashes, like in 2020 and 2008, bond yields fell drastically, which would prevent the MMRI from rising much.
I think a better strategy is to use the yield curve. If we look at the last 3 crashes, they all happened 3-6 months after the curve un-inverted. I think that’s a good indicator of when to get out. (Currently the curve is still inverted but will likely un-invert once the Fed starts cutting)
You just pick a percentage you want to limit your loss. I usually use 10%, but in a severe market crash it can sell much lower than that. Another way is to us a limit order (sell at a certain price) so if crash goes thru your price it may not sell at all.
They can print unlimited money out of thin air. So, they have plenty of money. As long as the central banks of the world keep playing the music, (PRINTING MONEY), the workers of the world will be appeased. Case in point. The US Treasury issued $1200.00 to each adult American and many thousands of fake Americans. I have yet to read of anyone returning the money. You know it is all fake money, and I know it is all fake money. Three hundred million Americans know it is fake money. But, by God, it is OUR fake money. I realized it was fake money when we reached our first 1 trillion-dollar deficit. I knew it was impossible to pay that back at the time. So the treasury vault is full. Obey THe Pug!
This is naive and misinformed, there are failure boundaries with printing that cannot be exceeded without dire consequence (the dynamics become unstoppable once certain thresholds are met as a consequence of basic social contract/societal dynamics).
The soft boundary has already been hit (~1999), where the cost of raising a family (wages can no longer meet the basic necessity costs for self, 1 wife and 3 kids). So replacement to grow out of the debt is no longer an option, largely due to wage suppression, and the inflationary deficit spend (people aren't having children, it is a lagging indicator 10-20 years). Manufacturing was gutted as well so we are dependent on foreign goods, it will be Weimar time since the Petrodollar agreement is now void.
The second pillar is already being hit and crumbling as we speak, where the costs for basic necessities for an individual are not supported by existing wages (leading to high unemployment). These costs are Food, Communication/Information, Shelter, and Employment in aggregate. The associated downturn also forces producers out of business further loading the dynamics towards monopoly, corruption, and graft leading to self-perpetuating shortage (as it always does in a socialist system; objectively our current day system does meet this criteria). The system can't correct itself so long as government regulation keeps its boots on each person's neck.
When that second pillar falls, people will no longer be able to get food to feed themselves or their families. Social support systems in some states are already at the brink (for food, where 1 months spend only gets 1-2 weeks of food at current price levels). It doesn't adjust fast enough for inflation; and as soon as interest rates drop inflation will skyrocket.
This leads us to a situation where Usury is rampant, there is a general lack of gainful employment (or being able to effectively find such), no recourse (under a rule of law; because access is contingent on an arbitrary goalpost of money), and coercive practices in all areas, lack of enforcement, and grand amounts of corruption, these objective measures meet all the basic pre-requisites that were present in 1776.
First unrest and rioting occur, then violence grows circularly with innocent victims from government overreach, then insurgency which may transform into a civil, or revolutionary war. That is how this historically plays out under these same conditions, and many of these conditions may no longer be visible and become psychologically driven (i.e. the perception is what matters, and I don't have to tell you how hard it is to change people's mind after they've found something to be true; thank you google).
That leaves us at a point, where failures have been left to cascade, and ignored by those who were supposed to steward the public trust. Technically starting with Obama (~2012-2016), the military was granted the ability to detain any citizen indefinitely without cause or due process. This is part of the criteria for a de facto state of martial law.
Of particular note: where surveillance systems of such great scope as what we currently have (a Stasi's wet dream), unrest and rioting may seem relatively silent or isolated (giving little to no warning or feedback, an effect of the Fusion centers that were built alongside Palantir).
If anyone protesting or calling out warning signs (as any good citizen should be doing) is automatically classified as a subversive and put under extensive surveillance in perpetuity (which always is accompanied by some less visible forms of harassment).
The needless suffering will promulgate the violence and organization stage and it may occur even faster and be more targeted and ruthless. Historically, the harder you clamp down on individual rights and freedoms absent a rule of law, the more ruthless the people they claim to be trying to protect you from will become.
Looking to El Salvador as an example, they basically have done the same thing with their criminal element, Guilt-by-association, and the ones that survive or escape will no longer be under the naive belief that there was a rule of law to begin with. They will arm themselves for bear because violence absent society/rule of law is the natural state of the world. This is well established in social contract theory.
Wherever you have a large number of people being crushed without recourse under the will of government (which may take many forms such as front-of-line blocking/ all talk no action), these dynamics are the will of government. There are quite a lot of very intelligent people out there, and extreme needless suffering segments the population into very clean cut boundaries for survival, with the civil side shrinking over time as the issues of order become an existential threat to individual survival that are arbitrary and without recourse.
Any system is always what it actually does, not what it promises or claims to do.
In all fairness, anyone with resources and half a brain should seriously be considering fleeing the US right now (definitely before 2030). All it took was 1.5 bad generations, and no one capable of stopping the snowball from rolling downhill to break everything.
The latter half of the silent generation, and the entirety of the baby boomer generation basically ruined the world for everyone (including their own children).
I agree with you. Unlimited fire power. So if the US officially takes part in WW3 and the equity markets crash because the Brent Crude hits $130 a barrel. Our shares potentially bottom out 60% 70%, the Fed bails out Wallstreet then after all that its a Cinderella Story. Is that how you see it?
Greg, how quickly can you execute your exit plan when the major crash comes and how much advance notice do you believe you will have?
For those of us who don’t spend most of their time monitoring markets and investments our built in delays and slow reaction times may well be the difference between successfully riding the bull - or getting eaten by the bear.
So what strategies are the part time investors using to monitor the potential crash and exit the market cleanly with the majority of your profits still in place and unaffected by bank failures which could be happening during the crash.
For me it’s unpredictable bank failures and closures that present a huge additional risk of locking up cash during a crash.
Greg has many times said - that the enemy is the Central Bank - it should disturb everyone that Trump seems to be surrounding himself with Powell, Fink and Jamie Dimon. When the MAGA supporters realise Trump’s promise to “return power to the people” hinged entirely on the Fed being brought into private ownership - and so far - there are no signs of that happening - they will realise the extent of the con. Unless I am simply not seeing some “ghost banking system” like Bitcoin out there that will destroy the Fed - and Trump is planning on facilitating that destruction once in power.
.... secrecy is still repugnant in a "free"(sic) society. Shaved her legs and he was a she. "If liberty means anything at all it means the right to tell people what they don't want to hear." [G. Orwell]
Greg! If you've discovered Vance is Damian Thorne you better stay away from elevators, railway yards and frozen ponds. Ohhhhh buddy....you know how this ends!!!!!
Still better than muslim brotherhood obama and dems. Go to an islamists website and watch how they behead people and laugh and sing esp. beheading of Ken Bigley. Only time you will see them smiling.
Trump is surrounding himself with swamp creatures. So much for MAGA.
They are all puppets for the rich = Fact
Since the history of man kind the rich have been in control and have called all the shots and will always be in control, the rich are the government = Fact
Who controls the food supply controls the people
Who controls the energy can control whole continents
Who controls the money controls the world
( Henry Kissinger)
Greg I’ve been on board with you for years but I think we really need to rethink our exit strategy. I don’t think the MMRI is forward looking enough to get out in time.
Also before and during crashes, like in 2020 and 2008, bond yields fell drastically, which would prevent the MMRI from rising much.
I think a better strategy is to use the yield curve. If we look at the last 3 crashes, they all happened 3-6 months after the curve un-inverted. I think that’s a good indicator of when to get out. (Currently the curve is still inverted but will likely un-invert once the Fed starts cutting)
Just make sure you have trailing stops on your investments. It will be a good first line of defense.
What is a trailing stop? Do you a limit stop sell order?
You just pick a percentage you want to limit your loss. I usually use 10%, but in a severe market crash it can sell much lower than that. Another way is to us a limit order (sell at a certain price) so if crash goes thru your price it may not sell at all.
That makes sense. Thank you for that
Does The Federal Bank have enough fire power to bail out the equity markets? I don't think they would even if they do
They can print unlimited money out of thin air. So, they have plenty of money. As long as the central banks of the world keep playing the music, (PRINTING MONEY), the workers of the world will be appeased. Case in point. The US Treasury issued $1200.00 to each adult American and many thousands of fake Americans. I have yet to read of anyone returning the money. You know it is all fake money, and I know it is all fake money. Three hundred million Americans know it is fake money. But, by God, it is OUR fake money. I realized it was fake money when we reached our first 1 trillion-dollar deficit. I knew it was impossible to pay that back at the time. So the treasury vault is full. Obey THe Pug!
This is naive and misinformed, there are failure boundaries with printing that cannot be exceeded without dire consequence (the dynamics become unstoppable once certain thresholds are met as a consequence of basic social contract/societal dynamics).
The soft boundary has already been hit (~1999), where the cost of raising a family (wages can no longer meet the basic necessity costs for self, 1 wife and 3 kids). So replacement to grow out of the debt is no longer an option, largely due to wage suppression, and the inflationary deficit spend (people aren't having children, it is a lagging indicator 10-20 years). Manufacturing was gutted as well so we are dependent on foreign goods, it will be Weimar time since the Petrodollar agreement is now void.
The second pillar is already being hit and crumbling as we speak, where the costs for basic necessities for an individual are not supported by existing wages (leading to high unemployment). These costs are Food, Communication/Information, Shelter, and Employment in aggregate. The associated downturn also forces producers out of business further loading the dynamics towards monopoly, corruption, and graft leading to self-perpetuating shortage (as it always does in a socialist system; objectively our current day system does meet this criteria). The system can't correct itself so long as government regulation keeps its boots on each person's neck.
When that second pillar falls, people will no longer be able to get food to feed themselves or their families. Social support systems in some states are already at the brink (for food, where 1 months spend only gets 1-2 weeks of food at current price levels). It doesn't adjust fast enough for inflation; and as soon as interest rates drop inflation will skyrocket.
This leads us to a situation where Usury is rampant, there is a general lack of gainful employment (or being able to effectively find such), no recourse (under a rule of law; because access is contingent on an arbitrary goalpost of money), and coercive practices in all areas, lack of enforcement, and grand amounts of corruption, these objective measures meet all the basic pre-requisites that were present in 1776.
First unrest and rioting occur, then violence grows circularly with innocent victims from government overreach, then insurgency which may transform into a civil, or revolutionary war. That is how this historically plays out under these same conditions, and many of these conditions may no longer be visible and become psychologically driven (i.e. the perception is what matters, and I don't have to tell you how hard it is to change people's mind after they've found something to be true; thank you google).
That leaves us at a point, where failures have been left to cascade, and ignored by those who were supposed to steward the public trust. Technically starting with Obama (~2012-2016), the military was granted the ability to detain any citizen indefinitely without cause or due process. This is part of the criteria for a de facto state of martial law.
Of particular note: where surveillance systems of such great scope as what we currently have (a Stasi's wet dream), unrest and rioting may seem relatively silent or isolated (giving little to no warning or feedback, an effect of the Fusion centers that were built alongside Palantir).
If anyone protesting or calling out warning signs (as any good citizen should be doing) is automatically classified as a subversive and put under extensive surveillance in perpetuity (which always is accompanied by some less visible forms of harassment).
The needless suffering will promulgate the violence and organization stage and it may occur even faster and be more targeted and ruthless. Historically, the harder you clamp down on individual rights and freedoms absent a rule of law, the more ruthless the people they claim to be trying to protect you from will become.
Looking to El Salvador as an example, they basically have done the same thing with their criminal element, Guilt-by-association, and the ones that survive or escape will no longer be under the naive belief that there was a rule of law to begin with. They will arm themselves for bear because violence absent society/rule of law is the natural state of the world. This is well established in social contract theory.
Wherever you have a large number of people being crushed without recourse under the will of government (which may take many forms such as front-of-line blocking/ all talk no action), these dynamics are the will of government. There are quite a lot of very intelligent people out there, and extreme needless suffering segments the population into very clean cut boundaries for survival, with the civil side shrinking over time as the issues of order become an existential threat to individual survival that are arbitrary and without recourse.
Any system is always what it actually does, not what it promises or claims to do.
In all fairness, anyone with resources and half a brain should seriously be considering fleeing the US right now (definitely before 2030). All it took was 1.5 bad generations, and no one capable of stopping the snowball from rolling downhill to break everything.
The latter half of the silent generation, and the entirety of the baby boomer generation basically ruined the world for everyone (including their own children).
I agree with you. Unlimited fire power. So if the US officially takes part in WW3 and the equity markets crash because the Brent Crude hits $130 a barrel. Our shares potentially bottom out 60% 70%, the Fed bails out Wallstreet then after all that its a Cinderella Story. Is that how you see it?
You mean the Federal Reserve? They can print as much as they need to.
Agreed
Kamala Harris is going to win the 2024 U.S. presidential election. Can't you guys see it coming?
Or better yet....can't you FEEL it coming?
Or better yet....can't you UNDERSTAND WHY its coming?
Harris/A.O.C. 2024! YAY! 👍 🤩 🥳 😃 😍 👌
https://x.com/DowdEdward/status/1815791068262395943
Gregg ! please talk to Withny Webb !
Kamala Toe
The media is pimping Kamala like she is a messiah.
Greg, how quickly can you execute your exit plan when the major crash comes and how much advance notice do you believe you will have?
For those of us who don’t spend most of their time monitoring markets and investments our built in delays and slow reaction times may well be the difference between successfully riding the bull - or getting eaten by the bear.
So what strategies are the part time investors using to monitor the potential crash and exit the market cleanly with the majority of your profits still in place and unaffected by bank failures which could be happening during the crash.
For me it’s unpredictable bank failures and closures that present a huge additional risk of locking up cash during a crash.
Greg has many times said - that the enemy is the Central Bank - it should disturb everyone that Trump seems to be surrounding himself with Powell, Fink and Jamie Dimon. When the MAGA supporters realise Trump’s promise to “return power to the people” hinged entirely on the Fed being brought into private ownership - and so far - there are no signs of that happening - they will realise the extent of the con. Unless I am simply not seeing some “ghost banking system” like Bitcoin out there that will destroy the Fed - and Trump is planning on facilitating that destruction once in power.
Isn’t Kamala Harris an anchor baby - and not eligible for presidential selection?
https://media.gab.com/system/media_attachments/files/164/029/603/original/00fe7334001bd87f.jpg
.... secrecy is still repugnant in a "free"(sic) society. Shaved her legs and he was a she. "If liberty means anything at all it means the right to tell people what they don't want to hear." [G. Orwell]
I call IT........HUWH (Heels-Up-Whore Harris).
Greg! If you've discovered Vance is Damian Thorne you better stay away from elevators, railway yards and frozen ponds. Ohhhhh buddy....you know how this ends!!!!!
Still better than muslim brotherhood obama and dems. Go to an islamists website and watch how they behead people and laugh and sing esp. beheading of Ken Bigley. Only time you will see them smiling.
I agree with Gerald Celente. I think they will run Gavin Newsom, not Kamala as the nominee for the Dems.
#GaffinNuisance
The guy is the ultimate tool. Very attractive puppet to be president of the Jewnited States.