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Carter's avatar

Middle class has been truly gone for quite some time. They have used debt to masque their inability to live on their devalued wages. It is important to distinguish between "middle income" and "middle class" They are no longer the same. Middle income is working poor by any metric. What is coming will actually wipe out the upper middle and lower affluent more because they are the ones that own the majority of stocks/real estate. And those are about to collapse.

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May 18, 2023
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May 18, 2023
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PDA's avatar

You can use your profits for Taylor Swift tickets

BTW not BooBoo

I feeling like picking on douche bags tonight.

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Jean-Francois's avatar

Greg, I’m just making a suggestion here, but it will be great if you can make a podcast and showing (on charts) you’re read (technical knowledge) on commodity ETF’s and for sure JEPI/SPY/QQQ.

You give us a lot of nuggets on your interpretation of the market, but if you can teach you’re skills of technical analysis it will be gigantic gift.

Thank a lot for what you already, God bless you my friend.

Very kind regards,😎

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Dr Liberium's avatar

temporary inflation

transitory inflation

disinflation

sticky inflation

what’s next, annihilating inflation?

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Straw Man's avatar

Obligation to our nation Ball of confusion by The Temptation

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a2538392909's avatar

Hey hey.

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5’2”Cambodian-incel's avatar

Permanent incelibacy

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BooBoo's avatar

I am sleeping like a baby and I am living the dream!

I retired 16 years ago at the young age of 50, I have a waterfront home, I have no mortgage and no debt, I am 50% in cash and 50% in gold and silver mining stocks and I am still sleeping like a baby....

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ChrisCoonsToupee's avatar

Gold always seems to get monkey hammered during the weeks I don't get paid.

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May 18, 2023
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ChrisCoonsToupee's avatar

Miners?

LOL, GTFOH, retard.

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Straw Man's avatar

🤣😂

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PDA's avatar

Sorry your Mom doesn't love you.

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Quinn's avatar

Good morning Sir, I have an idea. The MCMRI(Manarrino Crypto Market Risk Indicator)

The only given i can come up with for now is The Golden Ratio. Let's get to work on it because we're going to need it in the near future.

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Quinn's avatar

Maybe the SDR, Crypto(fill in the blank with a specific crypto) and The Golden Ratio, or possibly those 3 things along with the MMRI(don't know how that might work using The Golden Ratio twice.) thrown into the mix. We gotta figure something out, Damnit!!! 😎👍❤️

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Quinn's avatar

The Middle Class is now nothing more than the lint at the bottom of The Federal Reserve's pocket. Very sad indeed.

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5’2”Cambodian-incel's avatar

I am the lint at the bottom of the gene pool’s pocket

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Jean-Francois's avatar

« already do »

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Rob 312's avatar

Greg, is it a good idea to sell month out puts against the JEPI position?

Collect dividends + the premium?

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Carter's avatar

Sadly, home prices averaging 475K for a resale home (rents average 2K for a one bedroom) and new car prices now averaging 52K has made everyone have to spend like a millionaire..example: Gas here is $5-6 gallon in Phx. regardless of the car you drive, you will pay around $5 for a gallon. In order to get to their work and live life, they are forced into spending well beyond their means for necessities: gas, food, healthcare are all out of their affordability, but you need those to survive.

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May 18, 2023Edited
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Straw Man's avatar

When I came home with a bad report card I told my mom my friend Rick got one too she said I ain’t talking about Rick so why are you talking about other places

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PDA's avatar

Dude your making up a conversation. WOW, now I'm starting to feel bad at someone who is obviously has an elevator that is stuck between

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De's avatar

Greg can you provide snail mail address and; say what house you use for crypto investing. Thanks you have a silent force off grid!

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pat reidt's avatar

QE in world markets up up up into fantasy land yes people believe the liars thieves murderers peds elite trash Our country in invasion by our own government WTF all for personal gain sick sick cesspool people

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BooBoo's avatar

From a ZeroHedge poster!

32 minutes ago

The empty parking lots and restaurants in my area tell a different story.

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May 18, 2023
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Quinn's avatar

Monero is now running more nodes than bitcoin, I got hit with a big sale for about 2.62% off. I also vaulted more gold and silver today and yesterday. I'm very happy today. 😎👍❤️

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