love a lot of your calls, but I hate the banks. Destruction is assets and geo political events will crush the banks as they have been doing. Risk reward is terrible, substitute for gold stocks??
The banks are facing a loaded barrel called AMC/GME mother of all sequeeze, plus Russian and Chinese economic sanctions. Plus Chinese firms going bankrupt and nullifying bonds. These bonds are used by the banks to be able to leverage so much fake money.
We are the cusp of housing bubble popping and commercial real estate is toast. All of the major banks hold a majority of those assets. Sure they are making $$ from the war, but it won't be enough to offset the destruction from the above mention.
You are welcome. I like Suisse cause they are Swiss (neutral and not USA/UK), and because they are also the ones working with Glint card (storing my gold).
If all my credit cards are blown up by bank credit freezes, I'll be able to buy stuff with my mastercard debit. And even if that blows up cause all the banks blow up, I have enough food to ride the qabal out until they get replaced.
I don't get his call on the banks. He knows our economy is falling "cratering". Ten different strategies I would choose. No need to be investing hero in the banks.
Greg does not see any realistic projection that the economic system is going to be replaced and reset by non alien evil creatures. Greg knows they are there, he even talks about them. He is not wrong either.
But as he sees no realistic or feasible plan/projection (or else he would be a lot happier), his decisions are logickal as banks would normally be solvent for quite awhile in the old timeline plan.
He is also hedged with precious metals. Probably sufficient enough that his "bank position" is just a "speculation" to some portfolios. Those of us with less portfolio assets, can't do that.
He has options and is hedged to heck, using very advanced algorithms and math. So when he needs to "pull out", he has it all calculated. To me, however, that is just stress and not fun.
I also have a more in depth view of how the "final war" is going and exactly how soon the black swan events are. Greg doesn't want to speculate or gamble on that, which is logickal. But I know how soon it is and I am not going long on some banks, especially since those Bank of AMerica mofos charged me 12 USD per month for checking account minimums.
For that 1500, per month, I get paid 1-2 hundred in premium via AMC put contracts.
A lot of it are based on indicators. Certain things have to happen first before other things can happen. So if Russia had not started the Ukraine thing, then the banks would not have stolen Russia's currency reserves. Which had the consequence of reducing confidence in the IMF and world banking. Which led to Russia to peg their rubble to gold and oil purchases. Which reduces the dollar's reserve currencystatus as the petro dollar.
Around April 30th, something will happen and unusual things will hit oil and other things like silver, boosting them sky high.
In the rest of 2022, there will be an economic reset and maybe a political one in the US due to the fake election stuff coming out. These aren't so much predictions as simply analysis of ongoing trends, technical analysis. The dollar is not going to zero but panic may think it is when stuff hits. For example, people thought the ruble was going to zero for awhile there. Then it bounced back because of the gold/commodities.
If the chaos turns high enough, the American people may just install Donald back in and that would once again stabilize things, although people would still be suffering. Especially those warmongers in europe and America.
My intuition told me not to do banks last 3 months. This was before Ukraine war and afterwards. Canada's banks froze their clients' accounts. The West Fed reserve stole Russia's reserve currency, 300 billion USD worth.
I am supposed to invest in these blood suckers? Even with the dividend, at the pace things are going, they won't even be able to pay out more than 1 or 2 times before the "Event" happens and they blow up.
AMC/GME options premiums are still very sweet. USOI 20% dividend payout quite nice, per month. PSLV and Y gold mining stocks and AG silver mining as done very well.
I also ended most of my short positions on twitter, taking profit, right before Elon did his 35% jump.
Compared to my positions in precious metals and mining stakes, banks are just really uncomfortable and unstable. Maybe you can handle the market chaos, Greg, but I like looking at Ag symbols. I trade them up and down, as they don't move much due to the upper limits.
I am my own bank at this point. People pay me premiums so I can handle their volatility with long term and short term contract options.
Sven-the Northman Trader, had some interesting bank index & specific bank charts last wk. Long story short: we MAY have quite a bit more of a ways to the bottom, if this cycle is somewhat similar to 2007-09.
Banks in Canada between freezing accounts and saying they can’t id their customers to let them access their funds well if things are going well for them they don’t deserve to be in business…..
Love your calls Greg. I think the investments in Russia /Ukraine and the LME nickel fiasco will show up negatively at some point on the balance sheets of global banks.
If you are invested in Crypto track Dogelon Mars on CoinMarketCap.and look at the three month chart. The 3 month chart is a mirror image of where Bitcoin is headed. Elon Musk Dogelon Mars is controlling Bitcoin.
Even though you will notice Dogelon Mars going down at the first of the 3 month chart don't expect it to go back up.
According to Klaus Schwab and the NWO you will own nothing and be happy. If it does happen to go back after it goes down you can always buy it back on its way up. Be very careful with investing in anything now besides physical gold and silver.
I still believe the Banks will put a credit freeze on all Bank Accounts on April 19th 2022.
If they don't do a credit freeze world wide and steal everyone's money they can just say the Banks were hit with a cyber attack and blame it on Russia to start World War Z Zombie Apocalypse.
Take your money out of the Banks. It is no longer your money when you deposit your money in their BANKS and the BANKS Do Not have to give it back to you. The Banks did it during the Great Depression and they will do it again.
According to insiders, the U.S. Defense Department is inviting representatives of the country's eight largest arms manufacturers for Wednesday. The topic will be whether the U.S. arms industry can meet Ukrainian demand for weapons should the war with Russia drag on for years, two people familiar with the appointment tell the Reuters news agency.
love a lot of your calls, but I hate the banks. Destruction is assets and geo political events will crush the banks as they have been doing. Risk reward is terrible, substitute for gold stocks??
TDBank (TD) has done better than the American banks but even that has turned south in '22 :(
The banks are facing a loaded barrel called AMC/GME mother of all sequeeze, plus Russian and Chinese economic sanctions. Plus Chinese firms going bankrupt and nullifying bonds. These bonds are used by the banks to be able to leverage so much fake money.
Amen!!
We are the cusp of housing bubble popping and commercial real estate is toast. All of the major banks hold a majority of those assets. Sure they are making $$ from the war, but it won't be enough to offset the destruction from the above mention.
Given that USOI pays 21% dividends per year, monthly, what is the point of bank dividends?
Just picked up a 1000 shares. Thanks!!
You are welcome. I like Suisse cause they are Swiss (neutral and not USA/UK), and because they are also the ones working with Glint card (storing my gold).
If all my credit cards are blown up by bank credit freezes, I'll be able to buy stuff with my mastercard debit. And even if that blows up cause all the banks blow up, I have enough food to ride the qabal out until they get replaced.
I don't get his call on the banks. He knows our economy is falling "cratering". Ten different strategies I would choose. No need to be investing hero in the banks.
Greg does not see any realistic projection that the economic system is going to be replaced and reset by non alien evil creatures. Greg knows they are there, he even talks about them. He is not wrong either.
But as he sees no realistic or feasible plan/projection (or else he would be a lot happier), his decisions are logickal as banks would normally be solvent for quite awhile in the old timeline plan.
He is also hedged with precious metals. Probably sufficient enough that his "bank position" is just a "speculation" to some portfolios. Those of us with less portfolio assets, can't do that.
He has options and is hedged to heck, using very advanced algorithms and math. So when he needs to "pull out", he has it all calculated. To me, however, that is just stress and not fun.
I also have a more in depth view of how the "final war" is going and exactly how soon the black swan events are. Greg doesn't want to speculate or gamble on that, which is logickal. But I know how soon it is and I am not going long on some banks, especially since those Bank of AMerica mofos charged me 12 USD per month for checking account minimums.
For that 1500, per month, I get paid 1-2 hundred in premium via AMC put contracts.
You sound smart, when do you see the implosion happening? And is the dollar going to 0?
A lot of it are based on indicators. Certain things have to happen first before other things can happen. So if Russia had not started the Ukraine thing, then the banks would not have stolen Russia's currency reserves. Which had the consequence of reducing confidence in the IMF and world banking. Which led to Russia to peg their rubble to gold and oil purchases. Which reduces the dollar's reserve currencystatus as the petro dollar.
Around April 30th, something will happen and unusual things will hit oil and other things like silver, boosting them sky high.
In the rest of 2022, there will be an economic reset and maybe a political one in the US due to the fake election stuff coming out. These aren't so much predictions as simply analysis of ongoing trends, technical analysis. The dollar is not going to zero but panic may think it is when stuff hits. For example, people thought the ruble was going to zero for awhile there. Then it bounced back because of the gold/commodities.
If the chaos turns high enough, the American people may just install Donald back in and that would once again stabilize things, although people would still be suffering. Especially those warmongers in europe and America.
That is so well thought out and concise. Makes sense. Thank you. Eeks not ready for the financial reset this year if you meant the digital dollar.
I am banking on it😂😂😂
My intuition told me not to do banks last 3 months. This was before Ukraine war and afterwards. Canada's banks froze their clients' accounts. The West Fed reserve stole Russia's reserve currency, 300 billion USD worth.
I am supposed to invest in these blood suckers? Even with the dividend, at the pace things are going, they won't even be able to pay out more than 1 or 2 times before the "Event" happens and they blow up.
AMC/GME options premiums are still very sweet. USOI 20% dividend payout quite nice, per month. PSLV and Y gold mining stocks and AG silver mining as done very well.
I also ended most of my short positions on twitter, taking profit, right before Elon did his 35% jump.
Compared to my positions in precious metals and mining stakes, banks are just really uncomfortable and unstable. Maybe you can handle the market chaos, Greg, but I like looking at Ag symbols. I trade them up and down, as they don't move much due to the upper limits.
I am my own bank at this point. People pay me premiums so I can handle their volatility with long term and short term contract options.
Can you explain the HPE pick?
Sven-the Northman Trader, had some interesting bank index & specific bank charts last wk. Long story short: we MAY have quite a bit more of a ways to the bottom, if this cycle is somewhat similar to 2007-09.
Grazi Boss!
dont trade the broad market oil, gold silver.
Your banks will move higher! Hold on for 2-6 months. People...why so nervous.
Banks in Canada between freezing accounts and saying they can’t id their customers to let them access their funds well if things are going well for them they don’t deserve to be in business…..
Love your calls Greg. I think the investments in Russia /Ukraine and the LME nickel fiasco will show up negatively at some point on the balance sheets of global banks.
Hi Gregory, look at this news. It appears that German Banks are in a very deep trouble..https://halturnerradioshow.com/index.php/en/news-page/world/large-investor-dumping-sizeable-amount-of-deutsche-bank-stock
Thanks Greg, Any thoughts on GO, The stores seem to be packed whenever I visit!
If you are invested in Crypto track Dogelon Mars on CoinMarketCap.and look at the three month chart. The 3 month chart is a mirror image of where Bitcoin is headed. Elon Musk Dogelon Mars is controlling Bitcoin.
Even though you will notice Dogelon Mars going down at the first of the 3 month chart don't expect it to go back up.
According to Klaus Schwab and the NWO you will own nothing and be happy. If it does happen to go back after it goes down you can always buy it back on its way up. Be very careful with investing in anything now besides physical gold and silver.
I still believe the Banks will put a credit freeze on all Bank Accounts on April 19th 2022.
If they don't do a credit freeze world wide and steal everyone's money they can just say the Banks were hit with a cyber attack and blame it on Russia to start World War Z Zombie Apocalypse.
Take your money out of the Banks. It is no longer your money when you deposit your money in their BANKS and the BANKS Do Not have to give it back to you. The Banks did it during the Great Depression and they will do it again.
I had caught wind of a report that HPE was having problems in China with shipping apparently.
I sold a third of my bank positions today as I don't have any kind of cushion going into earnings.
According to insiders, the U.S. Defense Department is inviting representatives of the country's eight largest arms manufacturers for Wednesday. The topic will be whether the U.S. arms industry can meet Ukrainian demand for weapons should the war with Russia drag on for years, two people familiar with the appointment tell the Reuters news agency.