If I had to do it all over again. I would not buy at all time highs,I would wait for a huge pull back like we had in spring of 2022. Gerald Celenti called the bottom at 15k and he was right. Don't do what I did and get in at all time highs like I did back in 2021. Learn from my stupid mistakes. I bought in st 65k. Now Celenti is calling a new all time high testing support at 85k. Thats my selling point and waiting for a pull back in the mid to low 50s. But I Harris is selected it probably will pull back to the 30s and below. No one has more BTC than the Federal Government but they don't want us to have it. Stick with Greg and read the Trends Journal to prepare
All time highs, a great time to buy. If you bought in Oct 1929 it only took until 1954 to get back to even. But even the same nominal DOW reading was short due to inflation.
I'm 72 and don't believe I have 25 years to recover potential losses from buying highs!
The pace at which the 10YY and DXY are dropping is of concern...not so much the direction. If it keep falling at this pace throughout the week, it will have the same momentum as prior to the pandemic crash, when the 10YY was crashing, DXY was crashing, market was melting upwards, Gold was hitting record high's, and Bitcoin was bottoming. The MMRI falling is stock market positive, but if it falls too fast in a short period of time it becomes an ominous red flag. The FED (Powell) is expected to promise rate cuts in September, but the yield curve continues to invert. The debt market and the market are sending mixed signals right now...something else is happening that we aren't aware of. There could be a Black Swan Event right around the corner.
Greg, 110% Agree! Australia already passed their UNREALIZED CAPITAL GAINs tax "for the rich." The "rich" in their black hearts are the hoi polloi NOT the actual . Remember, yellow stain said those words before. Therefore, it's important to diversify and do tax/retirement planning NOW, young or old. Goodluck!
as an aside be aware theres a petition at citizengo.org..defend your faith stop christian mockery at the paris olympics..its a worldwide petition it can be signed and reshared widely worldwide om all platforms and alternative outlets it currently has over 237000 signatures
Bitcoin/USD will be the new Petro Dollar. That's why Trump wants it so bad. They are going to use Bitcoin to create demand for the Dollar. Just like they did with oil. Thats also why the Central Bank will select Trump for president.
Greg,
Good morning. What would be the best route to invest in crypto ? Appreciate in advance your advise!
PS Thank you Greg very much for selflessly sharing knowledge and experience with your audience.
Mr. Bee,
I couldn't appreciate more your response.
My Best Regards,
If I had to do it all over again. I would not buy at all time highs,I would wait for a huge pull back like we had in spring of 2022. Gerald Celenti called the bottom at 15k and he was right. Don't do what I did and get in at all time highs like I did back in 2021. Learn from my stupid mistakes. I bought in st 65k. Now Celenti is calling a new all time high testing support at 85k. Thats my selling point and waiting for a pull back in the mid to low 50s. But I Harris is selected it probably will pull back to the 30s and below. No one has more BTC than the Federal Government but they don't want us to have it. Stick with Greg and read the Trends Journal to prepare
All time highs, a great time to buy. If you bought in Oct 1929 it only took until 1954 to get back to even. But even the same nominal DOW reading was short due to inflation.
I'm 72 and don't believe I have 25 years to recover potential losses from buying highs!
I agree, at 65k I'm not buying at all time highs either anymore
The pace at which the 10YY and DXY are dropping is of concern...not so much the direction. If it keep falling at this pace throughout the week, it will have the same momentum as prior to the pandemic crash, when the 10YY was crashing, DXY was crashing, market was melting upwards, Gold was hitting record high's, and Bitcoin was bottoming. The MMRI falling is stock market positive, but if it falls too fast in a short period of time it becomes an ominous red flag. The FED (Powell) is expected to promise rate cuts in September, but the yield curve continues to invert. The debt market and the market are sending mixed signals right now...something else is happening that we aren't aware of. There could be a Black Swan Event right around the corner.
The USA and the Fed are in a panic...
Greg, 110% Agree! Australia already passed their UNREALIZED CAPITAL GAINs tax "for the rich." The "rich" in their black hearts are the hoi polloi NOT the actual . Remember, yellow stain said those words before. Therefore, it's important to diversify and do tax/retirement planning NOW, young or old. Goodluck!
as an aside be aware theres a petition at citizengo.org..defend your faith stop christian mockery at the paris olympics..its a worldwide petition it can be signed and reshared widely worldwide om all platforms and alternative outlets it currently has over 237000 signatures
Major General Higginbotham U.S. Marines (Ret) editorial
The REAL Kamala Harris
Kamala Harris' father was an avowed Marxist professor in the
Economics Department at Stanford University in Palo Alto, CA.
Both of Harris' parents were active in the Berkeley based Afro-
American Association; Fidel Castro and Che Guevara were the
heroes of the Afro-American Association.
The group's leader, Donald Warden (aka Khalid al-Mansour),
mentored two young Afro-American Association members,
Huey Newton and Bobby Seale; they created the Maoist
inspired Black Panther Party which gained strong support from
Communist China; the Black Panther Party served as the
model for creation of the Black Lives Matter Marxist
organization Khalid al-Mansour subsequently went on to
arrange financing and facilitated for Barack Hussein Obama to
be accepted as a student to matriculate at Harvard Law
School.
more
Kamal_Harris.PDF
Load up? I "loaded up" in 2001 and have out paced the S&P since. Besides I don't have a 10 digit brokerage account!
Bitcoin/USD will be the new Petro Dollar. That's why Trump wants it so bad. They are going to use Bitcoin to create demand for the Dollar. Just like they did with oil. Thats also why the Central Bank will select Trump for president.