8 Comments

What's coming out of the conservative talking heads is that there are all kind of

former workers, just lazing around and living off unemployment and Cairs Act

Cash and that the employers are all looking for low end so low income workers

for their businesses. That just shows how the hell out of touch they are on the

streets of America! They apparently don't see the burgeoning homeless on the

streets everywhere having lost their homes, autos in the last debacle in 2007-2008

as the Fat Asses that caused the debacle became more wealthy. Now, the only thing

they can come up with as conservative and capitalists is the "workers are lazy dolts"

who don't want to get a job and work because of unemployment payments at

60% of what they earned before they lost their jobs. And also, why are there more

and more unemployed as Gregg has pointed out. If all these jobs were available

unemployed people wouldn't be applying for first time unemployment benefits

at all. They would just secure jobs because they "still have bills to pay" such as put

a roof over their heads, feed their face, etc.. This whole conservative argument that

workers are all lazy because of unemployment benefits is a joke because it's just

b.s. in totality. These same conservatives then scream from the roof tops that the

US is "Communist" because actual workers and normal people are getting some

actual benefits from the US Government. No, the reason why they say this, is they

don't want "any plebians" and low lifes getting shit from the system and to just

kick their asses to the curb while they chortle and stuff their faces full of profits

on their positions no matter how anti-human those positions are. So, when the

largest corporations and most wealthy can get all the gravy or most of it, they

call that "capitalism" but what in fact it is is inverse communism as all the proceeds

from the system/work ends up in their fat ass hands. FDR had to deal with these

same folks as they said he was spending too much on people during the Depression

and into World War II but he gave them the middle finger and did what he had

to do to help the low income as well as the middle income so that he could at

the very least provide some economic footing for those of the American Population

who had little or nothing to keep them through the winter storm the depression

had brought on to the public. It seems to me, these same fat asses were doing

the same Wall Street fantasy of never losing in the "maket" as all stocks were going

up so people betting their lives on the "maket" through margin calls only to be screwed

and hosed when the market crashed and stocks fell precipitously. These same fat asses

then bought back all the stocks, gold, silver, etc. at nothing prices and the rest of

humanity suffered or committed suicide off of high buildings or hanging themselves.

Gregg never calls these mother f+++++ in the right terms and correct disgusting

traits and characteristics. The average/ common man wishes to make some money,

save some money, have a family, a home and eventually retire quietly into the sunset

of life but of course the fat ___ can't have that and that's why the squeal like porky

piggies when they might lose or have to distribute monies the common man so the

plebians. That's what they are focused on now and why they say all this bs tripe!

The Fed contrary to conservatives has helped the fat asses largesse pile grow and

grow even during the pandemic and conversely the Fed in pushing out large amounts

of dollars here and around the world has caused inflationary decrease in the buying

power of the common man which ain't good. The rich fat asses won't get dinged

by this situation as they have already hedged against the inflationary process in

many ways in pre-positioning moves. You then go onto conservatives ranting and

raving about the minimum wage "possibly" going up to $15.00 an hour from the

current $8.50. Well, it ain't amazing that they, either Publicans or Democats haven't

passed a higher minimum wage currently. "But" as soon as they figure out that the

dollar has decreased to half it's value before the current Pandemic Period, then

they will pass the $15.00 an hour wage as then it will be worth only $8.50 so

they haven't surrendered sh__ in terms of actual wage growth leaving the

plebian and commoners in more and more precarious and deadly economic

conditions which leads to what domestically and abroad in other Nations folks?

"Revolutions and/or domestic intranquiltiy" so the rich fat asses have their hide

outs and underground bunkers already waiting if not having gotten into them.

These folks call themselves the Leaders and Leadership of this USA! Bull Shit,

a leader leads by his own examples and the examples they are showing are

they f____ cowards, who won't be there when the shtf!

Expand full comment

Buhuhuhuhuhuhuhhahahahahahaa! Buhuhuhuhuhuhuhuhuhuhhahahahaaa! I am SOOOO HAPPY!!!!!!!!!!!!!!!!!!!!!!!! 😀

Thanks Greg or this "Buy the Dip" strategy that I used to hear people talk about, but I ever cared to learn. It takes the stress out of trading. Instead of buying Puts and trying to work the SMALLER term retracements, I just concentrate on the bigger picture which is the BIGGER TREND and buy on the dips. I am so calm now and have absolutely no stress at all in my trading. If price goes against me I couldn't care less....I ALWAYS have time on my options so I know I can wait it out until price goes in the....bigger trends' direction.

Thanks bub! I might.....MIGHT even shell out $5 bucks for you next month....IF,....IF you send me $800,000,000,000 BILLION DOLLARS worth of Bitcoin first.

Heeeeeeeeeeeeeeeeeeeheheheheheheheheheheeeeee! 😂

Expand full comment

Looks like it was a commodities kind of market today. Silver, copper steel and oil.

Expand full comment

Jeff Bezos (57) has already sold around two million Amazon shares in May. That is according to documents from the U.S. Securities and Exchange Commission (SEC). Total value: 6.7 billion dollars (5.5 billion euros).

The sales took place in three tranches - and relatively shortly after Amazon had presented brilliant figures for the first quarter. The Amazon boss had already dumped a lot of Amazon shares in recent months: In February and November 2020, he sold papers worth a total of more than seven billion dollars.

Expand full comment

Time to cash out. Smart man. This is probably why the quarterly earnings was great but the stock still dropped like a rock.

2 million shares are still a small amount compared to the total that he owns.

I wonder if he has millions of shares in stock options that he has not exercised.

Expand full comment

Take Profit in DowCall @ 34216 / +11.5 %

DaxCall1 still running

SilverCall still running

Expand full comment

Take Profit in DaxCall2 @ 15170 / +23.5 %

DaxCall1 still running

DowCall still running

SilverCall still running

Expand full comment

Harry Dent has moved Big Crash target from April to June. When asked why? the answer was - because April has already passed.

He is a HarBird Trained economist. He HODLs treasury bonds for years now. However, he does not have access to FED playbook.

Expand full comment