Greg, please don't put up a picture of that Mester woman again. It hurt my eyes and my soul. When I beheld her face I was filled FULL of an evil presence. I was filled with HORROR. 👹 🎃
March 29, 2022 | Categories: Articles & Columns | Tags: | Print This Article Print This Article
The Western World Has Had Its Run
Paul Craig Roberts
Lots of startling changes yesterday. Russia announced, apparently, a gold-backed or gold-related ruble. I haven’t had time to think about all the implications. Information is hard to come by, because the US blocks Russian news in order to control the Ukraine narrative and war propaganda. The Bretton Woods system collapsed when the West seized Russian central bank reserves, and it seems that the gold ruble adds to the end of the US dollar as world reserve currency under Bretton Woods. The implications could be vast, and the Washington idiots might very well wish they had left the Russians alone. I told them over and over that Russia had had enough of them, but the arrogant idiots didn’t listen. The sanctions, it seems, have brought about regime change in the West, reducing its power and influence.
Another big development is that apparently Ukraine has agreed to be a neutral country, no NATO, no foreign bases, no nuclear weapons, and accepts eastern Ukraine gong its own way. We will see if US puppet Zelensky is permitted to sign what Ukraine has agreed. Meanwhile, Russia has stopped its assault on Kiev, and is focused on clearing the remaining Nazi militias out of the Donbass region. I think the low-intelligence governments in Poland and Romania will get the message, and the US missile bases in those countries will be closed before too long.
These are major developments with many large implications. The World Economic Forum’s “reset” has likely been replaced by a Russian-Chinese reset.
Present generations of Americans will not recognize their country. Rivers, mountains, streets, schools, public spaces, even towns are losing their names and acquiring new politically correct names. Normally, this is what outside conquerors do to a country, but we are doing it to ourselves. A country that destroys its own monuments and history is lost.
My conclusion is that the days of the West are over. The West is drowning in accumulated mistakes and degeneracy. The moral fiber in the leadership ranks is gone.
Thanks! Friday, I'd think is a big deal bc that is when Putin will stop selling the West oil in euros or dollars, only rubles, gold or bitcoin accepted! If this happens could mean Europe is cut off!
I just got killed on QQQ puts during the Biden speech yesterday. I felt like a fool knowing I should of hedged my play. I knew better. Thank you for the reminder these strategies exist for a reason! Thanks Greg for everything!!
Not being educated. 9/10 people will lose money trading options over the long term. Unfortunately, Greg's advice is very basic and does not provide the full story. Trading options is not for everyone. Try opening an account with T.D. Ameritrade...GOTO their Think or Swim trading platform. One of its functions is a paper trading platform. You can take your ideas and trade them in real time without losing a penny.
Isn't timing important too. My father lost most his money, like I think 20mil going on margin selling naked shorts during the Covid crash. Such a tragedy.
Sorry to hear that, Wendy...that is tragic. I do not have illusions of grandeur and "killing it", I simply like the idea of selling options for a sustainable side hustle if that is possible.
I rather enjoyed your mocking of the Loc Nestor Monster. Perhaps this could be the beginning of a new feature for you, Greg: Having a " goul du jour " just might bring some levity to our frequent reports of doom and gloom in the economy. I'd look forward to that!
Trading options is not that simple, yes it’s risking less, but still risky. I like to sell options, covered calls and selling puts around my core positions and for stocks I’m looking to buy. That strategy works well for me.
Greg, please don't put up a picture of that Mester woman again. It hurt my eyes and my soul. When I beheld her face I was filled FULL of an evil presence. I was filled with HORROR. 👹 🎃
The Western World Has Had Its Run
March 29, 2022 | Categories: Articles & Columns | Tags: | Print This Article Print This Article
The Western World Has Had Its Run
Paul Craig Roberts
Lots of startling changes yesterday. Russia announced, apparently, a gold-backed or gold-related ruble. I haven’t had time to think about all the implications. Information is hard to come by, because the US blocks Russian news in order to control the Ukraine narrative and war propaganda. The Bretton Woods system collapsed when the West seized Russian central bank reserves, and it seems that the gold ruble adds to the end of the US dollar as world reserve currency under Bretton Woods. The implications could be vast, and the Washington idiots might very well wish they had left the Russians alone. I told them over and over that Russia had had enough of them, but the arrogant idiots didn’t listen. The sanctions, it seems, have brought about regime change in the West, reducing its power and influence.
Another big development is that apparently Ukraine has agreed to be a neutral country, no NATO, no foreign bases, no nuclear weapons, and accepts eastern Ukraine gong its own way. We will see if US puppet Zelensky is permitted to sign what Ukraine has agreed. Meanwhile, Russia has stopped its assault on Kiev, and is focused on clearing the remaining Nazi militias out of the Donbass region. I think the low-intelligence governments in Poland and Romania will get the message, and the US missile bases in those countries will be closed before too long.
These are major developments with many large implications. The World Economic Forum’s “reset” has likely been replaced by a Russian-Chinese reset.
The US ran on arrogance for so long that it has hollowed itself out. The Western world’s fate is unclear. It seems no one in intellectual, business, or political leadership positions believes in freedom and civil liberty. The US certainly is busy at work cancelling itself: https://www.smithsonianmag.com/smart-news/more-than-600-places-in-the-us-will-remove-racist-slur-from-their-names-180979733/?utm_source=smithsoniandaily&utm_medium=email&utm_campaign=20220328-daily-responsive&spMailingID=46610751&spUserID=NzQwNDU0NzQ5NDMS1&spJobID=2203110357&spReportId=MjIwMzExMDM1NwS2
Present generations of Americans will not recognize their country. Rivers, mountains, streets, schools, public spaces, even towns are losing their names and acquiring new politically correct names. Normally, this is what outside conquerors do to a country, but we are doing it to ourselves. A country that destroys its own monuments and history is lost.
My conclusion is that the days of the West are over. The West is drowning in accumulated mistakes and degeneracy. The moral fiber in the leadership ranks is gone.
Thanks! Friday, I'd think is a big deal bc that is when Putin will stop selling the West oil in euros or dollars, only rubles, gold or bitcoin accepted! If this happens could mean Europe is cut off!
That face you made of Mester was right on target. That made me laugh. Hahahahahahaa! 😂 😂 😂 😃 😃 😃
I just got killed on QQQ puts during the Biden speech yesterday. I felt like a fool knowing I should of hedged my play. I knew better. Thank you for the reminder these strategies exist for a reason! Thanks Greg for everything!!
Can someone tell me the top 3 ways to lose your ass trading options so I can avoid these pitfalls?
Not being educated. 9/10 people will lose money trading options over the long term. Unfortunately, Greg's advice is very basic and does not provide the full story. Trading options is not for everyone. Try opening an account with T.D. Ameritrade...GOTO their Think or Swim trading platform. One of its functions is a paper trading platform. You can take your ideas and trade them in real time without losing a penny.
Isn't timing important too. My father lost most his money, like I think 20mil going on margin selling naked shorts during the Covid crash. Such a tragedy.
Sorry to hear that, Wendy...that is tragic. I do not have illusions of grandeur and "killing it", I simply like the idea of selling options for a sustainable side hustle if that is possible.
That sounds very sensible!
thanks Paul. The paper trading idea is a good one, I will check it out.
Cheers buddy, Good Luck
Thank you GM!!👍👍
T.Y. I need more of this info ...I have never invested. Intimidating.
Yes, the explanations are simple but the strategy eludes me. It’s almost another language.
Thanks GM for the simple explanations!
I rather enjoyed your mocking of the Loc Nestor Monster. Perhaps this could be the beginning of a new feature for you, Greg: Having a " goul du jour " just might bring some levity to our frequent reports of doom and gloom in the economy. I'd look forward to that!
Awesome paper Gregory! When we get moved into our new house and settled in, I am going to delve into this and get started.
Trading options is not that simple, yes it’s risking less, but still risky. I like to sell options, covered calls and selling puts around my core positions and for stocks I’m looking to buy. That strategy works well for me.
Pls stop showing pictures of Loretta. I think it's doing something to the paint on my walls.
Thank you Greg!!!!! I am planning to give options to try. I also bought your book through LuLu and I’m partway through. it it is very good!!!!
Thanks again, Maybe my pos phone will function now.
Gm can u please explain the vix and it effect on those options
Thank you! I have my coffee brewing for this investing class! 😄