Somebody...of course we can't figure out who that is....is buying the heck out of some Russian bonds and they are about to buy A WHOLE LOT MORE!!! Heheheeeeee 👍😃🤣😅😈😈😈
Look at where all the massive volume is on the BTC 4hr chart. I think BTC has hit its bottom already. MM's cleaning up all the cheap coins and ready to start the next Bull run 🐂. I dunno. Maybe.
Nobody gives a damn about America's sanctions. The whole world is tired of America's bullshit and have decided NOT to be SHEEP anymore and REBEL en masse. What can America do...go to war with the whole world at once?
The era of the petrodollar is OVER! America is DYING! America is DRY, DEAD, PARCHED, DONE FOR.
The absolutely BEAUTIFUL thing about all this is you know it's true.
2018 - 2020, MMRI collapsed...preparing us for the pandemic lockdowns and trillions of dollars to be printed.
MMRI rising at a fast pace, setting the debt market up for the next massive event that will cause the MMRI to collapse at an even faster pace down the road...when the MMRI starts collapsing again, this will be the sign that something big is about to happen.
Is the MMRI high enough? I don't believe that Central Banks think it is high enough. We will be so far ahead of the game when it does fall fast. Prepare yourself.
Great blog sir. Hey t.h. you are one miserable individual. Let me clue you in .your comments are about as worrisome to the good people in the usa as a cloudy day Do the world a favor pull your bottom lip over your entire head and swallow coward hoding behind a made up name
Thank you Greg for all your hard work. I subscribed to your newsletter finally. I have watched your videos on Youtube 2x daily for years but can not comment on Youtube because I dont have a login. Love you BOSSMAN! Dont ever change who you are!
Blowing up pipe line making enemies rich while making allies poor America going to be Singing Where Are All My Friends: Harold Melvin and the Blue Notes
Greg, so glad to see you are still producing solid content, man. After pounding the table from 2003-2018, I threw in the towel. I recently turned 63, so I'm a bit older than you. I've been retired and 100% debt free for more than 16 years.
I got off the treadmill to nowhere and out of the debt trap at 47. I cannot begin to express the level of freedom that being financially independent brings.
I wanted to reach out to see if you might need an editor/writer for any of your past or future publications. Here is a link to one of the last articles I wrote back in 2016.
Home Builders Sentiment Falls For 10 months. Anytime, the cheap money stops Home Builders
Sentiment will go down and so to will new and used home sales. As I reiterated before, Fed Interest
Rate Hikes usually start biting or taking hold anywhere from 3-5 months out. So, effectively that
bite will begin in February or March, 2023 and so will consumers behavior patterns in terms of
how high a price they are willing to buy a house at, when and the "terms" of the cost of carrying
debt being "higher". Obviously that has a dampening effect on housing and real estate and so
you have to ask yourselves, where was the most disproportionate price increases in the last severl
years? Exactly, housing and the real estate markets. Once you have a dampening of this way to
high pricing through higher interest rates, folks will buy less per the restraints of the carry cost of
debt. This effectively is the the market curing itself and creating a balancing basis. So, when you
had zero or 2% interest rates, you know the no risk lending, you had people buying up anything
and everything to then flip in 6-18 month intervals for even more and continuously going higher
and higher in this chain of cheap money entering these markets. Without the cheap money, you'll
see less buying so reduction of sales prices over time and return to a more normal market place
in terms of sales prices properties sold will be as well as purchase numbers of sales of new homes
and existing homes. In all this, you also will have sellers "not" able to secure their higher asking prices
which then in turn either forces them to sell at lower sales prices and/or taking the property in question off the market which reduces "inventory" on and in the "market". So, this will definitely
reduce the cost of housing over time as well as the ability to "profiteer off flipping homes" buying
any home no matter what condition and then repairing and flipping for highest profit. That process
will also be effectively slowed which is "good" for new home buyers trying to actually by a "fixer upper" at lower cost or price and then fixing up over time to the way the new buyers want it but
"over time" like everyone else has had to do previously in the housing markets. If the "flippers" buy
all the fixer uppers to the point where new home buyers have to go into a bidding war for the
beaten up house, that is what effectively snuffs out the actual intrinsic fixer upper new home buyer.
So, it's a good thing. Will there be issues along the way? Of course, like every other time we had
things spike in the real estate and housing areas but "certainly not" like we have currently. Now,
if the the Home Builders Sentiment has fallen that means that effectively they may not build as many
houses so construction material costs should start plummeting as well which is also good for the
new home buyers, who may need to buy construction materials to refurbish the home they get at
a lower cost in the less flipper housing market with higher interest rates. Savers of cash also will
be positively effected as they will also be able to place larger down payments on the homes they
wish to buy and therefore secure lower interest rates on any loan and better terms of the loan
to the homebuyer. This is all positive flow and natural return to "normal new home building and
existing home sales" for the "home buyers" and over time. To give you an illustration of interest
rates, one of my family worked at a bank in late 1950's and the interest rate "then" was 5.25%!
Think about that, that long ago and now people are bemoaning interest rates of 6.00-7.00% for
home loans???!!! In the meantime, actual home builders will have to rethink their construction
plans making homes "more affordable" in construction terms with less fancy finishes so lower
home price, so more able to be made "fancier" over time by the new home buyer but with a lower
purchase price up front. Newly married instead of buying a normal home may have to buy a 2/1
or 2/2 first then eventually sell and go to a 3/2 or 4/2 as their family grows. Who ever had a first
purchase house they stayed in for ever anyways realistically? Nobody that's who.
As far as the debt market is concerned, that to will be adjusted according to changes in market
conditions. If folks are in debt/bonds etc at lower interest, why would they stay in those bonds
but more so move to newer bond offerings at higher interest? When that happens, you end up
with volatility in the bond market, "but" even that has a valley and a peak just like a fever when
you have the flu. Eventually, the fever breaks and your body's systems return to normal temperature
and normal functioning. So, central banks buying debt, duggh, why would they not under these
conditions I just explained above. If central banks didn't absorb some of this debt, your debt
market would collapse which is exactly the opposite any sane person would want to happen under
any circumstances as that would result in more down than up which would effect more people
from all income levels. So, this will also play out and then the bond markets will return to a
cyclical norm as outlined above.
So, you raise interest rates to get rid of bad investments and bad investors as they have shorter
fingers and arms with the carrying cost of loans to buy those positions in any one of the markets.
This eliminates the underlying bad investors and bad investments so the markets can regenerate
and then move to higher positions "over time" not in one month or one year. Longer cyclical
economic growth at a lower and more realistic level is bringing "normalcy to the markets" rather
than boom and bust economies. This we have avoid at all costs if we want a healthier and more
Hi Greg. When the MMRI gets above 300 and into High Risk, does that signify the bond rates will skyrocket and thus bonds/stocks will collapse or that the Fed will dump trillions into the debt market to further prop up equities?
This answer will really help my understanding the indicator for future reference.
"Give a man a gun, he can rob a bank. Give a man a bank, he can rob the world".
🤣😂
Somebody...of course we can't figure out who that is....is buying the heck out of some Russian bonds and they are about to buy A WHOLE LOT MORE!!! Heheheeeeee 👍😃🤣😅😈😈😈
Russian Bond Yield
https://docs.google.com/document/d/1Qs9DR2-dF6kLfWM3dOS9ec1A25BusWPpIXElrEMdJV4/edit?usp=drivesdk
It appears that "they" are betting on Russia WINNING and by default, betting America will be LOSING.
Eeeeeeeheheheheheeeheheeeee 😁😂🤣😆😆🤣😃😃😁😂😁
Look at where all the massive volume is on the BTC 4hr chart. I think BTC has hit its bottom already. MM's cleaning up all the cheap coins and ready to start the next Bull run 🐂. I dunno. Maybe.
BTC 4hr Chart:
https://docs.google.com/document/d/1aKIXPIADLB31z_PCwXCG9_sxAaCpFKfLuhytV3xr2L0/edit?usp=drivesdk
The Fed is buying them that’s how they roll
China building ships for carrying gas to Europe 🤣😂 can’t make it up 🥊
Nobody gives a damn about America's sanctions. The whole world is tired of America's bullshit and have decided NOT to be SHEEP anymore and REBEL en masse. What can America do...go to war with the whole world at once?
The era of the petrodollar is OVER! America is DYING! America is DRY, DEAD, PARCHED, DONE FOR.
The absolutely BEAUTIFUL thing about all this is you know it's true.
Eeeeeeeheheheheheeeheheeeee 😁😂😃🤣😅😆🤣😃🤣😅😆😁😁😁
😞😢😭
Hahahahahahaha 😃🤣😃🤣😅😆😁
https://www.zerohedge.com/personal-finance/renters-surpass-homeowners-41-zip-codes-50-largest-us-cities
2018 - 2020, MMRI collapsed...preparing us for the pandemic lockdowns and trillions of dollars to be printed.
MMRI rising at a fast pace, setting the debt market up for the next massive event that will cause the MMRI to collapse at an even faster pace down the road...when the MMRI starts collapsing again, this will be the sign that something big is about to happen.
Is the MMRI high enough? I don't believe that Central Banks think it is high enough. We will be so far ahead of the game when it does fall fast. Prepare yourself.
You need to watch The Rebel Capitalist video on the “Swap Lines Explode” he believes the Fed is helping Banks through the Swinn National Bank
Great blog sir. Hey t.h. you are one miserable individual. Let me clue you in .your comments are about as worrisome to the good people in the usa as a cloudy day Do the world a favor pull your bottom lip over your entire head and swallow coward hoding behind a made up name
Thank you Greg for all your hard work. I subscribed to your newsletter finally. I have watched your videos on Youtube 2x daily for years but can not comment on Youtube because I dont have a login. Love you BOSSMAN! Dont ever change who you are!
Blowing up pipe line making enemies rich while making allies poor America going to be Singing Where Are All My Friends: Harold Melvin and the Blue Notes
Greg, so glad to see you are still producing solid content, man. After pounding the table from 2003-2018, I threw in the towel. I recently turned 63, so I'm a bit older than you. I've been retired and 100% debt free for more than 16 years.
I got off the treadmill to nowhere and out of the debt trap at 47. I cannot begin to express the level of freedom that being financially independent brings.
I wanted to reach out to see if you might need an editor/writer for any of your past or future publications. Here is a link to one of the last articles I wrote back in 2016.
http://www.elliottwavetechnology.com/2016/07/political-climate-in-america-storm.html
I suspect you will agree in reviewing my writings that we are on the same page and speak the same language.
Keep fighting the fight, brother. Hats off to you and your audience.
-joe
elliottwavetechnology@gmail.com
Home Builders Sentiment Falls For 10 months. Anytime, the cheap money stops Home Builders
Sentiment will go down and so to will new and used home sales. As I reiterated before, Fed Interest
Rate Hikes usually start biting or taking hold anywhere from 3-5 months out. So, effectively that
bite will begin in February or March, 2023 and so will consumers behavior patterns in terms of
how high a price they are willing to buy a house at, when and the "terms" of the cost of carrying
debt being "higher". Obviously that has a dampening effect on housing and real estate and so
you have to ask yourselves, where was the most disproportionate price increases in the last severl
years? Exactly, housing and the real estate markets. Once you have a dampening of this way to
high pricing through higher interest rates, folks will buy less per the restraints of the carry cost of
debt. This effectively is the the market curing itself and creating a balancing basis. So, when you
had zero or 2% interest rates, you know the no risk lending, you had people buying up anything
and everything to then flip in 6-18 month intervals for even more and continuously going higher
and higher in this chain of cheap money entering these markets. Without the cheap money, you'll
see less buying so reduction of sales prices over time and return to a more normal market place
in terms of sales prices properties sold will be as well as purchase numbers of sales of new homes
and existing homes. In all this, you also will have sellers "not" able to secure their higher asking prices
which then in turn either forces them to sell at lower sales prices and/or taking the property in question off the market which reduces "inventory" on and in the "market". So, this will definitely
reduce the cost of housing over time as well as the ability to "profiteer off flipping homes" buying
any home no matter what condition and then repairing and flipping for highest profit. That process
will also be effectively slowed which is "good" for new home buyers trying to actually by a "fixer upper" at lower cost or price and then fixing up over time to the way the new buyers want it but
"over time" like everyone else has had to do previously in the housing markets. If the "flippers" buy
all the fixer uppers to the point where new home buyers have to go into a bidding war for the
beaten up house, that is what effectively snuffs out the actual intrinsic fixer upper new home buyer.
So, it's a good thing. Will there be issues along the way? Of course, like every other time we had
things spike in the real estate and housing areas but "certainly not" like we have currently. Now,
if the the Home Builders Sentiment has fallen that means that effectively they may not build as many
houses so construction material costs should start plummeting as well which is also good for the
new home buyers, who may need to buy construction materials to refurbish the home they get at
a lower cost in the less flipper housing market with higher interest rates. Savers of cash also will
be positively effected as they will also be able to place larger down payments on the homes they
wish to buy and therefore secure lower interest rates on any loan and better terms of the loan
to the homebuyer. This is all positive flow and natural return to "normal new home building and
existing home sales" for the "home buyers" and over time. To give you an illustration of interest
rates, one of my family worked at a bank in late 1950's and the interest rate "then" was 5.25%!
Think about that, that long ago and now people are bemoaning interest rates of 6.00-7.00% for
home loans???!!! In the meantime, actual home builders will have to rethink their construction
plans making homes "more affordable" in construction terms with less fancy finishes so lower
home price, so more able to be made "fancier" over time by the new home buyer but with a lower
purchase price up front. Newly married instead of buying a normal home may have to buy a 2/1
or 2/2 first then eventually sell and go to a 3/2 or 4/2 as their family grows. Who ever had a first
purchase house they stayed in for ever anyways realistically? Nobody that's who.
As far as the debt market is concerned, that to will be adjusted according to changes in market
conditions. If folks are in debt/bonds etc at lower interest, why would they stay in those bonds
but more so move to newer bond offerings at higher interest? When that happens, you end up
with volatility in the bond market, "but" even that has a valley and a peak just like a fever when
you have the flu. Eventually, the fever breaks and your body's systems return to normal temperature
and normal functioning. So, central banks buying debt, duggh, why would they not under these
conditions I just explained above. If central banks didn't absorb some of this debt, your debt
market would collapse which is exactly the opposite any sane person would want to happen under
any circumstances as that would result in more down than up which would effect more people
from all income levels. So, this will also play out and then the bond markets will return to a
cyclical norm as outlined above.
So, you raise interest rates to get rid of bad investments and bad investors as they have shorter
fingers and arms with the carrying cost of loans to buy those positions in any one of the markets.
This eliminates the underlying bad investors and bad investments so the markets can regenerate
and then move to higher positions "over time" not in one month or one year. Longer cyclical
economic growth at a lower and more realistic level is bringing "normalcy to the markets" rather
than boom and bust economies. This we have avoid at all costs if we want a healthier and more
stable economic infrastructure over time.
Reciprocity- love it Greg.
Hi Greg. When the MMRI gets above 300 and into High Risk, does that signify the bond rates will skyrocket and thus bonds/stocks will collapse or that the Fed will dump trillions into the debt market to further prop up equities?
This answer will really help my understanding the indicator for future reference.
Thanks.
Another boring copied and pasted canned comment.
The real Gypsy Man 🫡