Hello Greg, I've been a supporter of your many works and I feel so fortunate to have bought your ebooks since 2016 - I cannot stress how appreciative I am (and we all are) to have someone like you looking out for us little guys. Have no doubt that I will continue to be a supporter. My question is: Does a drop in yield correlate to an increase in the bond price in things like the 10- and 30-year bonds (/ZN & /ZB)? Or do I have that backwards or is there some other kind of mechanism that affects these? Thank you much!
Dear Fellow Lions, I'm ready to follow Greg's advice, but I don't understand what the current guidance is. Is he wanting us to act on his exclusive from yesterday: GLD, MSFT, SLV, SPY, UCO, XLF, AAPL? If so can somebody please explain to me how to place/execute this type of trade? I've never done options. Should I call TD Ameritrade broker?
If you have never done options find someone in your family or immediate friends who has, you can lose everything and more with options. I wouldn't trust a new broker in these times unless you know them. Watch a crash course for options on youtube if you are that interested, or just buy stock when he makes a call, and sell at his target prices
Many thanks Jewshua. I think a regular market execution probably is best. I've wondered if Gregory is recommending any short plays. Are you aware of any. Seems like that would be an obvious way to go currently.
The only time I’ve ever felt like Greg may be hiding something from his viewers is in the last week - he always seems to be making excuses for the market going down saying it’s no big deal while showing calls and not discussing puts.
Shorting is a good idea right now for some oil stocks and maybe even tech /entertainment but I think Greg believes in the feds bail out and he said a few times he has insider info from a “big bank” that’s told him the bail out it’s gonna work.. whatever that’s worth
Even if a bail out ultimately does work there's bound to be some lag time if citizen receipt of stimulus money is any indicator! Perhaps a couple quick in and outs?
Honestly that’s the mentality I have but I am being really cautious because the Fed is really good at faking a healthy economy… They can’t fake oil though history has proven oil demand cannot be stimulated
Every other sector for the most part can so just be very careful if you do shorts we could easily see a pop up that runs for a year or two, it all depends and I think Greg isn’t recommending partially cause the risk associated with shorts in this msrket
It seems like to me the only way GLD or any other precious metals derivative can go is up, eventually. They can suppress it for now but in the long term it will go up. I have some long term GDX calls and silver mining calls that have done very well and I think they will continue to do well. As long as the fed keeps printing they will eventually run out of gold and silver to settle contracts. Some analysts are saying as soon as June LBMA will be out of gold bars. At that point all hell could break loose in the PM prices.
I think my way of investing is much different than most others because I don't trust the system not to collapse into mad max and failing that I just can't see the government allowing competition like bitcoin.
I invest with that mindset. I have a small allocation in long term GDX call options, the rest of my money is in physical silver. About the same amount of money or more I also put into prepping, guns, ammo, thermals, night vision, food, water, seeds. I want to make sure the 30 or so people I am close to will never have to worry through this crisis so much of my cash goes to that.
I may be wrong and I hope that I am but better safe than sorry.
lol got those too to be prepared! lol. Have only about 10% in real silver/gold...I probably should have stocked up more but I refuse to buy right now b/c my local seller are charging insane 8x markup on SLV.
I started buying silver at $35/oz and so the last decade has kind of sucked but I believe economic reality will catch up with us. 8x markup, wow!!!!
I just recently started buying off of ebay, some mints have shops on there, also there are many reliable dealers as well. Have to be more careful and test everything when it comes in just to be safe if you don't trust the seller but otherwise prices are not terrible at the moment.
TY Greg and yes this newsletter sure is timely! I've listened to Jason Burack & P Schiff today-who're both insanely great however; GM here explained what exactly happened in the oil trading market today quicker & more simply than anyone else I've heard or read.
Thanks Greg...shit is going down!
Thank you Greg for your dedication and commitment.
Greg, thank you for everything you do.
In Gregory we trust ❤️🙏🤘
what will happen next? interesting times we are living in. stay safe everyone!
Thanks for these updates in these insane times!
I’m loving every minute of this 🙃
I bought straight shares on his calls
Is that a bad idea?
I'm trying to learn options and I still don't get it
If 1 share is 185 how many options does that buy?
I really need to take a course
TD Ameritrade has an education link
Ugh
Hello Greg, I've been a supporter of your many works and I feel so fortunate to have bought your ebooks since 2016 - I cannot stress how appreciative I am (and we all are) to have someone like you looking out for us little guys. Have no doubt that I will continue to be a supporter. My question is: Does a drop in yield correlate to an increase in the bond price in things like the 10- and 30-year bonds (/ZN & /ZB)? Or do I have that backwards or is there some other kind of mechanism that affects these? Thank you much!
Dear Fellow Lions, I'm ready to follow Greg's advice, but I don't understand what the current guidance is. Is he wanting us to act on his exclusive from yesterday: GLD, MSFT, SLV, SPY, UCO, XLF, AAPL? If so can somebody please explain to me how to place/execute this type of trade? I've never done options. Should I call TD Ameritrade broker?
If you never did options stay away from them at least until you fully understand.
If not you will be eaten alive. That's a promise.
I would exclude selling covered option from this statement.
If you have never done options find someone in your family or immediate friends who has, you can lose everything and more with options. I wouldn't trust a new broker in these times unless you know them. Watch a crash course for options on youtube if you are that interested, or just buy stock when he makes a call, and sell at his target prices
Many thanks Jewshua. I think a regular market execution probably is best. I've wondered if Gregory is recommending any short plays. Are you aware of any. Seems like that would be an obvious way to go currently.
The only time I’ve ever felt like Greg may be hiding something from his viewers is in the last week - he always seems to be making excuses for the market going down saying it’s no big deal while showing calls and not discussing puts.
Shorting is a good idea right now for some oil stocks and maybe even tech /entertainment but I think Greg believes in the feds bail out and he said a few times he has insider info from a “big bank” that’s told him the bail out it’s gonna work.. whatever that’s worth
Even if a bail out ultimately does work there's bound to be some lag time if citizen receipt of stimulus money is any indicator! Perhaps a couple quick in and outs?
Honestly that’s the mentality I have but I am being really cautious because the Fed is really good at faking a healthy economy… They can’t fake oil though history has proven oil demand cannot be stimulated
Every other sector for the most part can so just be very careful if you do shorts we could easily see a pop up that runs for a year or two, it all depends and I think Greg isn’t recommending partially cause the risk associated with shorts in this msrket
But calls are also risky haha
Six to one half a dozen of another! Many thanks, Jewsha.
Should I get out of GLD? Seems like it is headed down...
It seems like to me the only way GLD or any other precious metals derivative can go is up, eventually. They can suppress it for now but in the long term it will go up. I have some long term GDX calls and silver mining calls that have done very well and I think they will continue to do well. As long as the fed keeps printing they will eventually run out of gold and silver to settle contracts. Some analysts are saying as soon as June LBMA will be out of gold bars. At that point all hell could break loose in the PM prices.
Ok will hold thanks!!
If it means anything, besides guns, optics, ammo, and preps 90% of my money is in physical silver so I may be biased.
I'm thinking of going all in on precious metal and probably Bitcoin
1 Bitcoin is 7,500
It keeps going up
I think my way of investing is much different than most others because I don't trust the system not to collapse into mad max and failing that I just can't see the government allowing competition like bitcoin.
I invest with that mindset. I have a small allocation in long term GDX call options, the rest of my money is in physical silver. About the same amount of money or more I also put into prepping, guns, ammo, thermals, night vision, food, water, seeds. I want to make sure the 30 or so people I am close to will never have to worry through this crisis so much of my cash goes to that.
I may be wrong and I hope that I am but better safe than sorry.
lol got those too to be prepared! lol. Have only about 10% in real silver/gold...I probably should have stocked up more but I refuse to buy right now b/c my local seller are charging insane 8x markup on SLV.
I started buying silver at $35/oz and so the last decade has kind of sucked but I believe economic reality will catch up with us. 8x markup, wow!!!!
I just recently started buying off of ebay, some mints have shops on there, also there are many reliable dealers as well. Have to be more careful and test everything when it comes in just to be safe if you don't trust the seller but otherwise prices are not terrible at the moment.
Thank you so much for your advice. What do you think the fair value of silver is? How high do you think it will go?
Thank you for your service, GM. You have no idea how much I appreciate it. Geoff Rey
Ok..Greg....10 year down...oil down....no real positive news on virus...I don't see any kind of quick turnaround..do you ?
TY Greg and yes this newsletter sure is timely! I've listened to Jason Burack & P Schiff today-who're both insanely great however; GM here explained what exactly happened in the oil trading market today quicker & more simply than anyone else I've heard or read.