61 Comments
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Les Ranger's avatar

The Fed will put on the Superman Cape and save the day. Meanwhile us peasants will take it up the caboose as usual.

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Vdvupur's avatar

Plunge Protection Team? Lol.

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Richard's avatar

Yeah, but Superman don't show up until the last minute, which is why he's a hero. Imagine if Superman showed up early and prevented things? He would just be a nosey troublemaker violating peoples rights.

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BooBoo's avatar

The Fed is desperate and in a panic and just a matter of time and gold and silver will Skyrocket...

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Les Ranger's avatar

As long as paper derivatives are in the metal markets really no telling what will happen with real assets.

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Comment deleted
Apr 25, 2024
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Les Ranger's avatar

False Flag eventually. We are already heavily involved in two wars. The invalids aka powers at be are spewing China has financial troubles who knows for sure. Depends aka Shitty Pants is going to tariff Chinese goods so higher consumer prices here in the once good ol USA. As of this post there has not been a butt plug invented to keep the Gubmint from continually screwing the citizens.

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Carter's avatar

The cycle low is June. We have Martin Armstrong and Nenner who warned about May/early June for 6 months.. here we go!!

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President-Elect Zio's avatar

One more ATH than a big correction. That's what I expect.

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Carter's avatar

I'm not seeing that.. but anything is possible. The cycle has topped from my charts.. we have a massive leg down now. There are so many large daily gaps all the way back to the fake rally (no liquidity) from October 30. So many gaps... Armstrong says recession officially will be declared after May 7 and believes we bleed out into June- Nenner shows cycle bottom in late June.

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Carter's avatar

Thats is just what I am seeing.. all my hard core trader friends have been short and added massively yesterday to their options... that tells me they expect a massive correction in coming weeks. Nenner warned three weeks ago for retail investors with 401Ks and portfolios to move out of stocks- basically pleading with them. Armstrong even has a prescheduled conference in London last days of May, in his words "to figure out and discuss what comes after the May devastation" Hmmmmm He works with Central Banks...so I listen. He says after June it should spring back as we head into super inflationary recession/depression

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Randy Best's avatar

Hoping it falls 3000-4000 points.

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joèl's avatar

It feels like a storm is brewing...

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carter l. morey's avatar

has anybody noticed the market drop comes right after dipshit announced his new proposal for

44% CAPITAL GAINS TAX ! just sayin

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President-Elect Zio's avatar

The Bull is back (me is still long, target new ATHs).

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RubyVolt's avatar

buy the dip...

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Carter's avatar

Buy metals not fake assets of which you dont even own the certificates. Even the stocks themselves are derivatives. You dont own the certificate, you dont own the asset- even if you have the certificate may be a day soon you won't recover it under great financial reset

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Vdvupur's avatar

The Great Taking. No doubt you've heard of it. If not, here's a link to get the pdf.

https://learn.itmtrading.com/thegreattaking

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Carter's avatar

Yep.. but I think it could be done through a "cyber attack" and blame Russia. re-hypothecation.. the greatest wealth transfer will be from Boomer to the Fed!

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Vdvupur's avatar

Agreed. They will do it in such a way as to make people beg for it.

Funny you say Boomer to Fed. I said as much on a YouTube vid yesterday. GenZ bashing Boomers as if they had anything to do with the Banking Cartels destroying the economy. Typical uninformed going with the Division of classes/demographics.

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Carter's avatar

I say Boomer because they own 90% of all wealth.. the other 4 generations have less than 10%. All because they were a bulge bubble demographic and bubbles were created in each stage of their life as they moved through. Stocks thru 401Ks where Wall Street had a pic line into their weekly paychecks, real estate, bonds, college and now the retirement bubble. Other generations dont have (largely) meaningful assets so the transfer goes from Boomer to Fed.All the purchasing power has been pulled forward to Boomer from the younger 4 generations. This is the largest generational divide in history. And I think most feel many Boomers are disconnected by the current reality for those in the workforce- even those earning north of 150K are paycheck to paycheck due to purchasing power loss and wages go up 1-2% a year as inflation rages at 20%. In two years, you are broke- from working!

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Vdvupur's avatar

I don't know where you got your ratio of Boomers owning 90%, but I will agree the older gen have more assets. Because they have spent more time acquiring them. It certainly wasn't handed to them. They were better educated and were willing and able to work, scrimp, save and invest in their future. FYI, they too are experiencing the same inflation as everyone else. More, they have done it many times. If you weren't there, the 70s and 80s sucked economically. We did without. There were not the opportunities there are today. They weren't handed free college degrees and high-paying jobs. Their grandparents lived through the Great Depression and taught their children, Boomers to be frugal and smart. And now, thanks to the Banking Cabal, Boomers are housing, feeding, clothing, providing EVERYTHING to their children and grandchildren, GenZ and Millennials, the most entitled snowflake humans to ever live. Those kids have no idea what struggle is. They have never been told no. They have been given EVERYTHING. They have never learned to earn, to value anything. And they never will. Every day that passes I see all these supposed 'oppressed' people reaching further and further to be offended and oppressed. Just wait until the Boomers are gone, and they are waiting, rubbing their greedy little hands in anticipation. They will find they are incapable of running their own lives or the machines of civilization. America is doomed. Ask a kid where eggs come from.

You need to get over the blame game. Anything you get from a Boomer you will lose because it has no value to you. Guess who will get it. Your Masters.

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John Drop's avatar

Greg, I know you'll tell us when you're moving to cash, and that's appreciated.

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James Deitch's avatar

Relax, everything is going to be fine. In fact, things are so good that they are moving Christmas up to November. But we all know what comes after Christmas....the bills! And this one is going to be quite large I think. Short term (3-6 months) we are just going to flop around a bit and then those that are not safely aboard the Ark by the second week in November are going to drown

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Nicholas's avatar

Sitting pretty! Let's battern the hatches and prepare to sail through those gale-force winds on the horizon.

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Doug Youngman's avatar

Sitting pretty? It's fine. When all four anchors are gone you've got to examine your boat.

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robert stiles's avatar

It will be interesting to see how the MMRI behaves in a thoroughly rigged market like ours.

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President-Elect Zio's avatar

maybe 300 or 400 isn't 300 or 400 anymore in an inflationary scenario ...(?)

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Logan Schnake's avatar

311..0

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sam's avatar

Umm no, stocks pumping, smashing estimates. Should have bought dude!

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Christobane's avatar

Well I expect those cunts in DC 2 start WW3 the only way out

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Ken Watts's avatar

Large volume of debt buying right away to keep debt market in check. Plunge protection team is buying today. We should have sold off without intervention from market makers and others. Keeping close watch.

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