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Momin Butt's avatar

thank you gregory. amazing read as always. keep it up my man

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BooBoo's avatar

GOLD IS KING!

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gerkenstein's avatar

What would be more insightful would be to guess what the Fed response will be.

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Levi Broflovski's avatar

Let the Big Show begin already ..

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kNOwME Tzadik's avatar

Exactly. It’s inevitable and prolonging it is utterly exhausting.

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JROC's avatar

What’s exhausting is hearing everyday that it’s imminent, just about to drop, inevitable, at your doorstep… then having to wait to see what exact timeframes those predictions were for. Doom and gloom? Short the market and make money.

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gerkenstein's avatar

I mean... Why wouldn't the Fed just print more money and or provide liquidity... and or drop rates. It makes them more powerful right?

All this nonsense is so self-contradictory.

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Vike's avatar

I believe as you, the next crisis will bring the Fed off the sidelines with the kill shot, that being $50-60T of monetary expansion. Look for something like Lehman Bros or bigger, after all what is going to transpire should have happened in the 2008/09 time period. We have been in the eye of that storm since.

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gerkenstein's avatar

someone says a bunch of corporations have been sucked dry by private equity and so hundreds of major retail companies are going to go bankrupt soon. Big Lots is one already down... JoAnne Fabrics. to go..

Private Equity sucked all the assets and left a bunch of debt that has to be refinanced.

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Vike's avatar

After this gigantic bubble of gas deflates people will learn how they were absolutely picked clean by the crooks on Wall Street.

I know this as a study of the past, which reveals many involved in 1929 never invested in stocks again, they had seen enough. You can bet it was part of the reason it took 25 years for the DOW to regain just the nominal highs of 1929.

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William Benedict's avatar

Greg, no one can extinguish fire with fire. Debt is fire. Long ago, there was a Prime Minister of an ancient king in India. His name was Canakya. He wrote some fantastic expressions. One is about the things that must be extinguished immediately. "Fire, Disease and Debt.." The entire world now, nearly every person, and every company, and every government is living on debt, not capital. It must blow.

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gerkenstein's avatar

We've done pretty well doing it the last 17 years.

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stefan colwell's avatar

You can feel it in your gut, change is on the horizon

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Ashley Daniels's avatar

Yup and we might only have a few months left

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Henkel's avatar

Is Doge going to investigate? All of the insider trading and all of the Wall, St., Fraud..? Banking fraud, who is investigating doge

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Scott's avatar

hahaha good one

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SaltyDog's avatar

hahaha, yes let's all have a big hearty laugh on this - all the corruption already uncovered and yet not one perp walk - i aint holding my breath for the d o g e to lift a finger on Henkel's suggestion

The fraud, evil and corruption shall continue unimpeded

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Kim's avatar

And done right in front of our eyes while they laugh at us.

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Angie's avatar

Lockdowns, collapsing small businesses, wrongful firings of rightfully non-compliant workers during the FAKE pandemic, murdering old people in "care" homes and crashing the economy are effective ways of forcing the trillions of dollars in inheritance monies left to the children of the BABY BOOMERS into the economy. Aka forced liquidity.

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Kim's avatar

And to "ease" Social Security payouts!!

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Angie's avatar

Good point.

Kind of like how during the FAKE pandemic..... after rightfully non-compliant federal government workers like me were suspended without pay and fired we were banned from collecting Employment Insurance despite having paid into that compulsory program for 30 years....all in violation of a Supreme Court of Canada ruling preventing such suspensions without pay.

Covid-19 was the start of this ongoing BAIL-IN.

https://thenationaltelegraph.com/national/canadian-crown-corporations-coerced-employees-with-fake-vaccine-mandate/

https://edmontonjournal.com/news/national/workers-unvaccinated-against-covid-19-who-lose-jobs-ineligible-for-ei-benefits-federal-employment-minister-says

https://canliiconnects.org/en/summaries/33471

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Henkel's avatar

It’s true, they are the real criminals of the world, robbing the world blind trust me it would all go back to dodge Trump and all of his New York City Wall Street, trillionaire deep state Zionist

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Lulla buy's avatar

The Banking Elite unseen are in Europe going wayyyyy back.

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Lulla buy's avatar

The US bank mob joined in together by mutual aspiration and enterprise. (Opinion)

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Apr 12
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gerkenstein's avatar

THey ain't progressives. They're just anti-semites.

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Randall Courts's avatar

It probably broke and they’re hiding and trying to save it. The worst will happen when we least expect it. Some Friday night or Monday morning surprise?

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Robert Hass's avatar

Slow at first - the suddenly!

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Bellissima T's avatar

Greg, any safety in GLD, gold mining, SLV? Or getting out of market into cash entirely? Thank you.

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Robert Hass's avatar

Get rid of those fed notes as best you can. I'm too flush is cash myself. Just saying. Looks like GM is spot on so being flush in cash not a good thing- in my considered estimation.

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Robert Hass's avatar

Full disclosure - I've been completely out of markets since 2020.

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Scott William's avatar

I feel like we’re not enough ahead of the game. The next thing or two things are obvious. Then what? Like to be a few more steps ahead of the game or we have to just hope we react the best way, which in hind site will be obvious. No crystal ball I guess, the things we don’t see coming are high risk.

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gerkenstein's avatar

Diversify... They might seize gold again too.

But greg is bullish on gold and the miners should be good too.

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Vike's avatar

I have weighed on this seizure scenario and think it very slim. When gold was outlawed in 1933 it was in conjunction with bankruptcy and gold was still part of the monetary system. The Fed ended up the gold which it purchased for $20.67/oz.

Today, the Fed, by law has claim to us and our assets so it is already covered! And how many citizens today own gold? I would guess maybe one out of a hundred.

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gerkenstein's avatar

I agree. The Fed is going to flood the market some more with more cash.

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Apr 12
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Doug Youngman's avatar

Rippin' Faces off Lion!

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Apr 12
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Vike's avatar

You are correct. I read the prospectus on GLD and there are only six entities that can trade shares for gold. They are referred to as "authorized participants" which are the six big banks.

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Christine1111's avatar

Agreed. I heard another analysis that was talking about a secret bank meeting between Bank of America, HSBC and a couple of other banks that I don’t remember right now, and overseen by Jamie Dimon. His thoughts were that there was a common client that all the banks have – two of the banks were in London– that is on the verge or is currently blowing up, and the banks were trying to sort out between them their positions in the clients business. So I agree with you that we’re going to see a big blow up announced or happen in the next couple of days. Be ready everyone.

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Robert Hass's avatar

I've been saying for a while now that the bubble has popped, it's torn a hole, and air is coming out - we just haven't heard the explosion yet.

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SaltyDog's avatar

God bless you brother/virtual friend - after years (or a cpls yrs now I guess) of following your work I have seen a lot of things that you have been saying playing out... it has been a valuable use of my time, absolutely spot on on what over 95% of this stuff.

Word!

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Kevin Hall's avatar

This one is gonna leave a mark...

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Ark Signal's avatar

You mean like “Bank of America”? :)

Good ole Warren has been getting out of that for awhile.

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Stephen Martin's avatar

Would you consider BAC Puts or FAZ or SEF (Bear Market ETFs)?

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Ark Signal's avatar

I’m not even touching that. I’m in PHYS.

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Block Chain Boogie's avatar

I’m getting the popcorn ready 🍿

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Ark Signal's avatar

Gold and silver bags have been packed. “I and I are all ready”. Time to go to the moon Lions.

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Ashley Daniels's avatar

Lol same…same

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LibertyBell's avatar

China is Failing. I follow several Chinese yt channels. The population BEFORE cv19 was about 800,000 Million. CV has continued to preset timeBUT got worse..,young adults/Pneumonia dropped dead suddenly by the millions. Population now estimated 300,000 to 400,000..,,streets empty, countryside empty, businesses closed, malls closed, LOW food supply, etc etc. CCP Lies about population. China will bankrupt if huge tariffs.,.,,millions MORE will DIE. I will send link to best report on population in China if you ask me for it. This will Cause further destruction to the world INCLUDING USA .

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LibertyBell's avatar

Www.YouTube.com/watch?v=UM57HhM8yV8.

China’s population is just a fraction of 1.4 Billion

Leo’s Real Talk

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Paul Portella's avatar

Thank you and God bless you.

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Catolic's avatar

lol breaking : Trump exempts phones, computers, chips from new tariffs

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Kevin's avatar

I lol at breaking too, that's just what Trump is saying, another one of his fancies lies he's putting out, now he's hoping some will take the bait, side stepping.

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James's avatar

Greg

I couldn't agree more i think your 100% spot on. There is something in the air that don't feel right, even my wife who seems oblivious to things is starting to ask questions. When this thing goes it's gonna be BIG

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