Three days ago I had the feeling the MM's were going to perform "The Great Shakeout!" so I sold 50% of my Shiba Inu @4271. I just checked my tradingview chart to find my TP @2901 was hit. YES! Hahahahahahahahahahahahahaahaaaaa! 🤣 😍 😃
So I guess I'll only be able to reply to your videos through substack, Greg. Youtube has banned me from commenting on your channel, regardless of the content I use in a response. I can't even type the letter "A" and hit submit...it will be automatically removed.
Appearently they are not removing comments for the content in the comments now, they are instead flagging your youtube account and not allowing you to comment anywhere, if you go against the narrative.
Greg, I put this on your other post but didn’t know if you reply to older ones or not. If you’re so inclined, I’d like to hear your thoughts on the following… I just went over some charts on trading view and back tested your MMRI using DXY*TNX/1.61. During the 2020 correction your MMRI bottomed at 23.398 on March 9th, 2020 and peaked at 80.004 on March 18, 2020. The DJIA, as an example, peaked at 29,568.57 on February 12th, 2020 and bottomed at 18,213.65 on March 23, 2020. If you lay the two charts over each other, the MMRI continued to fall while the DJIA went from 29,568.57 down to 23,706.07. I am certainly not trying to disrespect you by all means, so please understand that I am simply trying to understand how this can be one of the tools that we rely on? I greatly respect your work! I look forward to your input here.
Specifically, what I do not understand is how it is helpful? During the March 2020 correction, the Dow was nearly 50% of the way through its 40% correction before the mmri bottomed.
I went here to ask Greg what the MMRI was in the COVID correction. Thank you so much for doing the calculation. How do you back test on Trading View? TY
I know you’re busy, however, it would extremely helpful for your explanation as to how the mmri can be a reliable tool? I mean in March 2020 the Dow dropped nearly 20% and the mmri fell right alongside it. It wasn’t until the Dow had reached a 20% decline that the mmri finally started to rise. In my view, this was hardly a warning, yet you’re advising people use it as a tool, even going on to advise us to backtest it, which I have done.
Before everyone goes after the FED, I will say hold that thought. This is a debt based system and it has pros and cons. Consider the following :
Suppose USA only has 10 people living here and there is FED. These 10 people do farming. FED creates $10 and every one gets $1 they use it to exchange goods.
Out of those 10 guys, one is ambitious and works all night to build internet and a messaging service. He needs to deploy servers. He goes to FED and borrows $20 to buy servers from Taiwan and lo and behold all $10 guys can talk to each other using the messaging service.
Did it dilute that original $10 ? Absolutely not. Now Taiwan citizens want to use the messaging service. they pay the guy 10 cents a month. They use that $20 received from the guy to subscribe and so on .. Did it dilute $10 ???
So it's not as simple as saying FED is out there to dilute your $10 Those guys who started the FED are already dead. They did not set out benefit from all this.
That math is fundamentally wrong. Money is always created when debt is incurred. You go to the bank and get a loan for 10,000 USD, then you have 10,000 USD in your pocket, but also 10,000 USD in debt. The formula therefore is always: Debt = Money. D=M. But now you have to pay back the debt PLUS the interest. But in the system there is never enough money for D=M+I. Therefore, somewhere in the system always new debts must be taken up, so that new money originates. Only then it is possible to pay back the debts PLUS the interest. That's the reason why the economy always has to grow. This principle leads inevitably into an exponential function. An ever larger base of money and debts needs ever more debts in the system to be able to pay the interest. When the game starts, it works perfectly, the economy flourishes. At the end of the game, the need for new money explodes, thus the need for new debt (D=M) and the system must inevitably collapse. Albert Einstein said that no force in the universe is as strong as the exponential function. The Jews know the "Jubeljahre" (Jubilee?), don't know the english word. It is a law formulated in the 3rd Book of Moses 25:8 ff., according to which every 49 ("seven times seven") years a year is to be celebrated by the Jews in the Old Testament, in which debts are to be cancelled, Israelite slaves are to be set free and sold property is to be returned to the previous owner.
>> Therefore, somewhere in the system always new debts must be taken up, so that new money originates.
So what's the problem ? You are implying as if debt is a problem. That is for conspiracy theorists. It's NOT a problem. On the contrary, having no debt is the problem in a debt based system.
In the same example, I gave above, Taiwanese got $20 for the server and the American had to take $20 loan. Now Taiwanese subscribe to the service and slowly all that $20 comes back to the American. He pays it back to the bank. That $20 has now become Eurodollar loan in Taiwan. If that $20 loan was not given, there would be no business. Think about it. Debt is just a money supply based on demand of world commerce.
Keep in mind that the total Eurodollar loans are said to be many times over USA debt. That means USA is doing fantastic. That's why USD keeps going up. Silver is down 50% in the last 40 years from the peak.
If that $20 loan was not given to the American, there would not have been the messaging service and neither the Taiwanese would have sold the servers. Understand that the world commerce is conducted in USD
" Buy silver because dollar will crash"
Sorry did not happen in 40 years.
" JPM manipulating"
- spoofing CAN NOT hold the silver down if there were any physical demand. Show me how
" Fed is destroying the world because they had planned it 100 years ago"
-- JP Morgan was old. He did not care what the heck FED does 100 year after. He had more money than he could count. He could not possibly be set out to be the lender and buyer of last resort. He did not care what happens after his death.
" FED should raise the rate"
-- On that day most of the people would lose the job, Stocks will fall by 90%, All businesses will go bankrupt.
BTW if the FED does not print and supply dollars to the world, Chinese Yuan will do that for you. I know Chinese are working VERY hard to make Yuan the reserve currency. Smartest brains in Economics from around the world are working in Beijing not just Chinese. Also check out Financial District in Shanghai in person.
That sentence doesn't negate the argument. Post real argument against it. All the banks in the world are issuing dollar denominated bonds. Total dollar debt of those foreign entities is supposed to be way more than the debt of USA.
All this gives enormous power to the US. that's why we see so many idiots driving BMW here while smart people on bicycle in Asia, Africa and in trams in Europe. Of course all this supposed to end one day as people in the world become educated and can see what's going on. However, 95% of those countries are extremely corrupt and unless they have "honest" system like USA, they have no hope to compete with USA
I saw 80.5 when I looked at it and was shocked!
Now it shows 80.2
Three days ago I had the feeling the MM's were going to perform "The Great Shakeout!" so I sold 50% of my Shiba Inu @4271. I just checked my tradingview chart to find my TP @2901 was hit. YES! Hahahahahahahahahahahahahaahaaaaa! 🤣 😍 😃
SHIB Daily Chart
https://docs.google.com/document/d/1DsLJwiX2f6W1ZQvUuoiNLvJ2Jh8uOVFm2oEkoIKmT0E/edit?usp=sharing
So I guess I'll only be able to reply to your videos through substack, Greg. Youtube has banned me from commenting on your channel, regardless of the content I use in a response. I can't even type the letter "A" and hit submit...it will be automatically removed.
Appearently they are not removing comments for the content in the comments now, they are instead flagging your youtube account and not allowing you to comment anywhere, if you go against the narrative.
You still have a youtube account? They shoah'd mine last year because they didn't like the truths I put in my comments.
I show that it peaked at 88.06 ? DXY*TNX/1.61 - curious how you’re getting 91?
I went over to look at it and I saw 91, then a short while after I went back and it dropped.
Greg, I put this on your other post but didn’t know if you reply to older ones or not. If you’re so inclined, I’d like to hear your thoughts on the following… I just went over some charts on trading view and back tested your MMRI using DXY*TNX/1.61. During the 2020 correction your MMRI bottomed at 23.398 on March 9th, 2020 and peaked at 80.004 on March 18, 2020. The DJIA, as an example, peaked at 29,568.57 on February 12th, 2020 and bottomed at 18,213.65 on March 23, 2020. If you lay the two charts over each other, the MMRI continued to fall while the DJIA went from 29,568.57 down to 23,706.07. I am certainly not trying to disrespect you by all means, so please understand that I am simply trying to understand how this can be one of the tools that we rely on? I greatly respect your work! I look forward to your input here.
Thanks a lot
Specifically, what I do not understand is how it is helpful? During the March 2020 correction, the Dow was nearly 50% of the way through its 40% correction before the mmri bottomed.
Using the compare feature on Trading View, I don't see any correlation between major market indexes and the MMRI.
I went here to ask Greg what the MMRI was in the COVID correction. Thank you so much for doing the calculation. How do you back test on Trading View? TY
You simply go to the box that allows you to put in a symbol, then put his formula in DXY*TNX/1.61
Voila
Greg,
I know you’re busy, however, it would extremely helpful for your explanation as to how the mmri can be a reliable tool? I mean in March 2020 the Dow dropped nearly 20% and the mmri fell right alongside it. It wasn’t until the Dow had reached a 20% decline that the mmri finally started to rise. In my view, this was hardly a warning, yet you’re advising people use it as a tool, even going on to advise us to backtest it, which I have done.
Heil Mutti
https://ibb.co/JCy2pKX
Entire Mutti-Gallery:
https://www.n-tv.de/mediathek/bilderserien/politik/Diese-Regierungschefs-sah-Merkel-kommen-und-gehen-article22848259.html?slide=0
A snapshot was captured. /// https://web.archive.org/save
It’s prob being tested to see if it’s manipulateable
Before everyone goes after the FED, I will say hold that thought. This is a debt based system and it has pros and cons. Consider the following :
Suppose USA only has 10 people living here and there is FED. These 10 people do farming. FED creates $10 and every one gets $1 they use it to exchange goods.
Out of those 10 guys, one is ambitious and works all night to build internet and a messaging service. He needs to deploy servers. He goes to FED and borrows $20 to buy servers from Taiwan and lo and behold all $10 guys can talk to each other using the messaging service.
Did it dilute that original $10 ? Absolutely not. Now Taiwan citizens want to use the messaging service. they pay the guy 10 cents a month. They use that $20 received from the guy to subscribe and so on .. Did it dilute $10 ???
So it's not as simple as saying FED is out there to dilute your $10 Those guys who started the FED are already dead. They did not set out benefit from all this.
That math is fundamentally wrong. Money is always created when debt is incurred. You go to the bank and get a loan for 10,000 USD, then you have 10,000 USD in your pocket, but also 10,000 USD in debt. The formula therefore is always: Debt = Money. D=M. But now you have to pay back the debt PLUS the interest. But in the system there is never enough money for D=M+I. Therefore, somewhere in the system always new debts must be taken up, so that new money originates. Only then it is possible to pay back the debts PLUS the interest. That's the reason why the economy always has to grow. This principle leads inevitably into an exponential function. An ever larger base of money and debts needs ever more debts in the system to be able to pay the interest. When the game starts, it works perfectly, the economy flourishes. At the end of the game, the need for new money explodes, thus the need for new debt (D=M) and the system must inevitably collapse. Albert Einstein said that no force in the universe is as strong as the exponential function. The Jews know the "Jubeljahre" (Jubilee?), don't know the english word. It is a law formulated in the 3rd Book of Moses 25:8 ff., according to which every 49 ("seven times seven") years a year is to be celebrated by the Jews in the Old Testament, in which debts are to be cancelled, Israelite slaves are to be set free and sold property is to be returned to the previous owner.
>> Therefore, somewhere in the system always new debts must be taken up, so that new money originates.
So what's the problem ? You are implying as if debt is a problem. That is for conspiracy theorists. It's NOT a problem. On the contrary, having no debt is the problem in a debt based system.
In the same example, I gave above, Taiwanese got $20 for the server and the American had to take $20 loan. Now Taiwanese subscribe to the service and slowly all that $20 comes back to the American. He pays it back to the bank. That $20 has now become Eurodollar loan in Taiwan. If that $20 loan was not given, there would be no business. Think about it. Debt is just a money supply based on demand of world commerce.
Keep in mind that the total Eurodollar loans are said to be many times over USA debt. That means USA is doing fantastic. That's why USD keeps going up. Silver is down 50% in the last 40 years from the peak.
If that $20 loan was not given to the American, there would not have been the messaging service and neither the Taiwanese would have sold the servers. Understand that the world commerce is conducted in USD
" Buy silver because dollar will crash"
Sorry did not happen in 40 years.
" JPM manipulating"
- spoofing CAN NOT hold the silver down if there were any physical demand. Show me how
" Fed is destroying the world because they had planned it 100 years ago"
-- JP Morgan was old. He did not care what the heck FED does 100 year after. He had more money than he could count. He could not possibly be set out to be the lender and buyer of last resort. He did not care what happens after his death.
" FED should raise the rate"
-- On that day most of the people would lose the job, Stocks will fall by 90%, All businesses will go bankrupt.
and so on.. This is crazy sh*t
hot potato
a(b) ⋀x-h⋀ +k
https://www.youtube.com/watch?v=k2CoLIKfnlI
^^^ It is a Ponzy Scheme.
I suppose that is how they sold it to the American people.
BTW if the FED does not print and supply dollars to the world, Chinese Yuan will do that for you. I know Chinese are working VERY hard to make Yuan the reserve currency. Smartest brains in Economics from around the world are working in Beijing not just Chinese. Also check out Financial District in Shanghai in person.
That sentence doesn't negate the argument. Post real argument against it. All the banks in the world are issuing dollar denominated bonds. Total dollar debt of those foreign entities is supposed to be way more than the debt of USA.
All this gives enormous power to the US. that's why we see so many idiots driving BMW here while smart people on bicycle in Asia, Africa and in trams in Europe. Of course all this supposed to end one day as people in the world become educated and can see what's going on. However, 95% of those countries are extremely corrupt and unless they have "honest" system like USA, they have no hope to compete with USA
Thank you !!!