113 Comments

I think Peter Schiff is right when he says these rate hikes are enough to pop the bubble but not enough to do anything about inflation

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Exactly. Peter Schiff is very astute. The Fed will ultimately own it all as they will continue to purchase stonks as the market continues its descent at a slow sustained rate of lower lows. Today will finish green to offer the appearance of Fed credibility. Look for markets to be flat tomorrow and continue their descent on Friday. From my lips to Gods ear.

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This is worse then housing crisis in 2008

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Peter is a bright bulb.

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Yea he’s just too cowardly to go all the way and say that the Fed is doing this on purpose, he just pretends they’re incompetent

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Probably doesn't to find himself suicided, a fatality in a single-car accident, house blows up, heart attack with no prior symptoms, shot by a purse snatcher in a dark alley with no witnesses, etc, etc....

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I haven’t watched him since I ditched my cable 2 years ago. You may be right. Most of them are weak. Rickards was A guy I used to watch but I’ve come over to Greg’s side because he calls out the Fed. Even Greg has to watch his step around these vindictive money-changing pricks. BTW: Like your avatar. Ol Hickory. Andrew Jackson was one of if not the greatest president(s) in History. “I will root you out!”

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Bidens gonna do something about inflation. Common man!

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America is a society full of bitches. Weak, weak, weak. Nobody is upset about this?

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Hahahahahahahahahahahaaa 😁🤣😂. You guys are keeping me in stitches today!

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Yep. I saw one group of “men” who interrupted a tranny molestation-get- together in a preschool. These freaks have turned our tax-funded kindergartens into public toilets with filthy men salivating over 6 year olds. All the while their fucking “parents” are joining in! There’s only one cure for these human fecal entities and that’s large caliber bullets!

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This. ⚔️🗡⚔️🗡

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Lol 😂

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Yes Biden just sent another $1 billion to Ukraine, and that’s all I will say because I’m sure the Feds are monitoring everything now. FJB and F the SEC.

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He will decriminalize hard drugs like Canada has just done. The only people who won’t be in on it are cancer and chronic pain sufferers. Eugenics 101. Mass extermination under way.

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Hey, as a Canadian, we are all feeling the pain of the Fascist Trudeau. We want to see the Republicans take the House and start cleaning out the garbage and then come over to our side of the boarder and get rid of our garbage too.

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Jun 15, 2022·edited Jun 15, 2022

We don’t have a Southern Border. What’s to stop us coming across to take out that pedophile Trudy? Seriously, the Republicans are just the caboose, while the democrats are the engine driving the train to nowhere. The Fed has blown up the bridge and both parties are serendipitously going along for the ride. It’s not going to end nicely.

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Countries that will break up into many countries:

China

Spain

Canada

US

Germany

Brazil

Mexico

Russia (This is really 200+ countries in one)

UK

Many Civil Wars coming to a country near you!

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Ordo ad Chaos. All borders will disappear and the world will be divided into 10 to 12 geographic zones. - Zbignew Bresinski.

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Read Brzinski and you know the chessboard setup for destroying the world!!!!!!

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Exterminate Canadians? Where the hell will I get my Poutine when I am in Montreal?????????

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Jun 15, 2022·edited Jun 15, 2022

Look for poontang instead? I’ve met some very nice French Canadian mademoiselle who parle vous Hummer hummer! Ooh lala !!!

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You got good taste! Latinas have a feisty and fire burning attitude; unlike soul less Slavics. Cold War really destroyed sexy gals in Eastern Bloc; they have no feelings on anything. Finland also!

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I have lots of French Canadian “friends” going way back. My wife is Sicilian. When she went up with me a few years ago you could see her back arch up and hiss like a black cat! I’m Italian Irish so I guess the Québécois thought I was one of them. I speak Italian but not French although I can read French. Hell, when your in the sack it’s the universal language anyway. You’re right. Latin or Roman speaking gals are tops!

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Yes he actually did ha! He just today sent another $1 billion to Ukraine. F-J-B and F anyone who supports him.

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Ukraine is now on monthly auto pay

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LMAO! Hahahahahahahahahahahaaa 😁🤣 OMG that was the best one all day...auto pay. Lol

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This is all part of the plan. Check out some history https://www.instagram.com/tv/CetgGNWApBa/?igshid=MDJmNzVkMjY%3D

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The plan is to let the rich suck up every possible penny ,buy stuff then have the crash

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Biden has already FOLDED just like Obama and trump. They have no backbone. 🦴🦴

But then again, they know the result of going against the wishes of the cabal.....

They will get Kennedy'd.

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Jun 15, 2022·edited Jun 15, 2022

Come on trump-voters, you love America, so love the American FED! Believe them. Believe every word they say and support them. Hahahahahahahahahahahaaa 😁🤣🤣😁😃

If you talk bad about them you're unpatriotic and don't love America.

They are DESTROYING America and YOU are sitting idly by watching it happen. Why?

(The above public service message is not designed to joyously troll you, it's designed to get you to THINK!)

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I am very unpatriotic owning REAL ASSETS in Latin America and Southeast Asia!

What a traitor I am! I am getting ready for a trip to Istanbul for a while and then a round trip flight to Kuala Lumpur. IT IS THE ASIA CENTURY!

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YOU kind sir are a smart M.F.! Nationalism ain't shit when your country doesn't give an absolute damn about you. You're taking care of Numero Uno... exactly as you should be doing because who else is going to do it if not you?

Damn, you're traveling?...freely?...no masks or getting your junk felt up by some pervert in the TSA? You sound like you're having fun and fun IS AGAINST THE LAW! Hahahahaaaa! What free ass country do YOU live in?

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facts!

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I live in FEMA Region 2!

Why be afraid of traveling during Covid Scare? I fell in love with Serbia and their fantastic wines and slavic princesses in 2020 when US passport was only accepted at 8 countries (Serbia was one of them). Egypt had the same passport quality during Covid lockdown. USELESS travel document from USSA. Imagine Egypt = USA as a travel document! LMFAO

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"vote"

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Removed (Banned)Jun 16, 2022
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What trump thing? I didn't mention trump.

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POTUS (Even fake unelected one) has indescribable powers thanks to Harry Truman on EXECUTIVE ORDERS dropping 2 nukes on Japan and abolishing Dresden, Germany!

POTUS has more power than you think since FDR days! Did the POTUS steal everyone's gold in 1933????????????????????????????????

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Removed (Banned)Jun 16, 2022
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POTUS can do anything beyond your imagination! Again, this is only because we have NUKES!

Remember Trump was chased by everyone on Nukes Codes??????

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Removed (Banned)Jun 16, 2022
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Sadly, Hitler and Stalin are right about killing USELESS EATERS!

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More than a few of us called it. I thought they would go 1.0 BPS But .75 was the low number. They are going to crash the Mortgage Market or what’s left of it.

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That's right. Mortgage rates go up and the real estate market comes crashing down 👇

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This will have zero effect to fight inflation. Sadly, I believe we will need to have a "Paul Volker" style rate hike of 500 basis points to even make a dent in inflation. Volker did this in March of 1980, but then again he did not have $31Trillion in debt to deal with either. We are looking at high inflation with demand destruction which is not a good combination.

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<<< I believe we will need to have a "Paul Volker" style rate hike of 500 basis points to even make a dent in inflation.>>>

You're entirely correct. That's why Greg tells us the result of all this is DOOM regardless so we had better be prepared for the ENDGAME.

Stack physical assets such as gold/silver/crypto.

(This message is not primarily for you, I know you realize what's going on. It's primarily for new folks)

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nothing physical about crypto...thinking it goes to zero too

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IMHO it violates federal laws as written and may be declared in competition with the dollar, hence illegal. We will see.

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How do you figure Crypto is a PHYSICAL asset?

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A crypto currency is a string of letters and numbers stored on the blockchain. Of course that's converted to 0's and 1's as bits of information in computer code.

That string of data is 100% physical. It can be seen written on a computer chip with an electron microscope🔬.

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So, it is like life:

"...but a walking shadow, a poor player

That struts and frets his hour upon the stage

And then is heard no more: it is a tale

Told by an idiot, full of sound and fury,

Signifying nothing."

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Removed (Banned)Jun 15, 2022
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Or Harry Dent style

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Jun 15, 2022·edited Jun 15, 2022

Alexandria Ocasio-Cortez IS YOUR DADDY!

BOW DOWN TO HER/HIM/IT RIGHT NOW!

BOW YOU SERFS! KISS HER FEET AS SHE WALKS BY YOU! 😘 👣

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Removed (Banned)Jun 15, 2022
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I'm right with ya' buddy. I love 💕 me some Latina women.

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Keep the hell out of Bogota! Those are my Mujeres Bonitas!

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Cool. I'll stay in Mexicali. Never seen so many fine Mexican women in one city like that in my life. 😍

En Mexicali es mi Mujeres Hermosas. 💃

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You know what they say about the crazy ones. ;)

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they are still crazy after you have sex with them....NOT worth it imho

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Don't put your dick in crazy, you'll regret it.

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Greg, Im a big fan of your work, but youve got to admit youve been behind the curve since December. Your calls have all been late; your chasing the market instead of predicting it. You should think about taking some time to reanalyze things.

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We know the markets will respond positively. My crypto portfolio loss of 80% will not…

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A ton of people were wiped out last night in crypto.

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Jun 15, 2022·edited Jun 15, 2022

This is a bear trap. Not buying in. But, just bought more DIG.

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Where can you buy a new 3000 Square Foot Home in USA for $ 90,000?????????

This one I am tempted on buying in more secluded part of Kuala Lumpur!

https://bit.ly/3xunhjs

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Nice people?

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I think Powell’s Tool is broken.

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Powell is a TOOL.

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Who gives a rat's ass about raising rates in US? Are you all awake?????? Celsius has no REDEMPTION for cryptos!!!!!!! You can not get your damn money back from VIRTUAL ASSETS; BUY PHYSICAL!!!

Is anyone watching the YEN???????????????? BUUUUUUUUUUUUUULSEYE! Just one of the 5 Reserve Currencies!

Almost 135 Yen for 1 USD

10 years ago it was 77.6 Yen per Dollar. DO THE DAMN PRESCHOOL MATH!

After my motorcycles rallies in Northeast, I am off to Asia in my condo in Kuala Lumpur and buy more rental properties at DEEEEEEEEEEEEEEEEEEEP DISCOUNTS! Great having Property Managers in other countries!

Even the Swiss Franc is a shitty currency today since it is usually stable at about 1 USD per 1 CHF!

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Jun 15, 2022·edited Jun 15, 2022

Not your keys not your crypto. Powerful lesson learned. If everybody held their crypto they wouldn’t be able to manipulate them like they do.

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GREAT WISDOM!

VIRTUAL ASSETS can be eliminated with a click of a mouse. Ever hear about a 87 year old in the news who lost her SS benefits because she was declared dead?

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<<<VIRTUAL ASSETS can be eliminated with a click of a mouse>>>

Not exactly true. My coins are permanently etched into the blockchain. The only way to undo that is to rewrite the whole blockchain, reupload it to every computer it's recorded on, then restart the whole system.

Ain't happnin'.

If you're referring to some coins left in a custodial wallet, then yes you are correct. But what idiot would leave any amount of coins worth mentioning in a custodial wallet?

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1 USD = 0.37686 BHD

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Bahrain is a very very advanced country. I highly recommend this even for a visit when you go to Dubai. Both countries are FANTASTICAL ;living standards without the HK and Singapore price tag! I guarantee you will be impressed or I will eat my nuts! Wait a sec, I am not John McAfee!

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Jun 15, 2022·edited Jun 15, 2022

High Inflation low stocks and cryptos. Higher home prices. We lose. Civil war on the horizon and mass deaths.

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Didn’t help DVN in the last 15 minutes

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I hear the historical hawk dissented...What a mess.

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And down we go.

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