55 Comments

I shorted 4 different crypto coins last night before bed in expectation of the crypto market selling off a wee bit more. Eeeeeeeeeeheheheheheheheheeeeee! 😃 🐻 🐻 🐻 📉 📉

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I (unfortunately) own a stock that is nearly worthless. Ok, I also bought it for nearly nothing. It's a pennystock. I think China is involved in that shit. Didn't invested much so i will hold it till the end of times to see what will happen. It's name is arafura. Rare earth. https://www.arultd.com/ Today it made 166 %, hahaha.

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Hahahahahahahahaa! Patience PAYS! Eeeeeeeeeeeeheheheheheheheeee! 🤣

Great job on not giving up! 😃

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Don't buy it. It's just for fun not for investing even not for speculating. But Take a look at the chart:

https://ibb.co/vJXh56j

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Like the name though.. arafura

few people sitting around a fireplace drinking ... someone asks ... So what are we buying tomorrow ?

Some guy, with beer flowing from the mouth and nose, mutters

Arrafuraaa of China lol

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Exactly 😎.

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Is crypto going lower short term? You got a daily chart for altcoins?

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Nice gap up. LOL. Looks like the altcoins' charts, MINUS the gap up.

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Greg, your smile and laughter and attitude just makes everything better in this chaotic world!!!

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But I don't understand one part -

- Crypto is going down and I am laughing

Lynnett Zeng, Peter Shif, Rick Rule et al --

- Silver is going down and I am laughing

Ohh well...

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Yea it seems like people who love owning and holding precious metals love the feel of owning it physically regardless of what people say it’s worth.

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They laugh and buy more!

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Buy more mantra along with manipulation hoax = ruined finances for dreamers

Chart clearly pointing towards the abyss

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Price in USD not matters for physical Gold and Silver you own. It only matters for Gold and Silver you wanna buy. just wait and see.

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Nobody knows what will happen in future. When trend is this strong I gladly buy puts.

People have been waiting and seeing for the last dozen years and got grey hair. Doug Cassey lost all hair ;)) People may be waiting for dozen more years.

It's simple, buy silver when it crosses 30. Until then it's worse than junk bonds. Reason and logic is as useless as earnings of a company ;))))

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It’s just a matter of what a person wants to put their money in for long term. Every situation is different .

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why would anyone buy when the trend is sooooo steeply down ... makes no sense at all to me anyway

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I have a box with banknotes from that time. Some are 1 million. Some 10 billion. And so on. Am I one of the Worlds most rich Guy???

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Here you can see some of those banknotes.

https://www.youtube.com/watch?v=QmZ36uABULY

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Hyperinflation in Germany

https://www.youtube.com/watch?v=o5b618iV3tM

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I agree but when the trend changes, we can go long gold. Trend is down and that sharp spike down has not happened. On that day cover and go long.

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It's amazing how much money we can make by buying gold silver puts. And that sharp spike down is still sometime in the future that will mark the end of this downtrend. It's shocking.

In the mean time I bet there are people buying it even now as it goes down. They think it will be a rocket ship anytime. Nothing could be further from the truth

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Gold hat man oder hätte man gern gehabt. 😎

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I prefer US dollars. When the trend changes, I can buy something else. Simple

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I own exactly 1 USD. No joke.

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Hey Greg, that formula you gave. Does it have a name? What is that number called? I’m curious to know about this.

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President-Elect Zio18 min ago

Sunday ELECTION in Germany.

Am expecting a Gap down, no matter who "wins".

...

Here are the Polls:

SPD (democrats): 25.4 %

CDU/CSU (RINO-Merkel): 21.3 %

Grüne (Green Party): 15.5 %

FDP (Liberals): 11.5 %

AfD (Conservatives, today so called rightwing) : 11.2 %

35 small/very small other Parties together : 8.2 %

LINKE (Leftwing): 6.5 %

...

Nearly every coalition will be possible so that it will take time till January or longer to build a government. Markets don't like that.

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Without looking on DowJones for me that means: Dax down 1000 points. So Dow down 1500 to 2000 points. Dow has to find some other reason(s) to fall.

Am short in Dax with one shortterm position. Am long in Dow and Dax with each 1 longtime positions. Am hoping for this incoming buying opportunity.

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The top 2 candidates end up in a runoff election?

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no. partys run to be elected. not candidates. than the partys have to look for coalitions to make + 50 %.

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That makes it more fun because when there are a lot of candidates you gotta be slick and sly performing backroom deals promising high cabinet positions to candidates who will help you out.

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Hey Greg, could you clarify what the math equation looks like for the X factor calculation? For those of us who learn better visually.

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By no means am I bearish here but if my math is correct, the X factor is substantially higher now than during the March 2020 crash (~83 & ~24 respectively). But it was over 400 during dot-com bubble as you mentioned.

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>https://www.wsj.com/articles/justice-department-reaches-deal-with-huawei-executive-11632494001?mod=hp_lead_pos2

Only USA has the guts and strength to stand up to China. Without the USA, rest of the world will immediately bend over to China and will consent to a brutal bang. lol After that, France will recall the ambassador in protest and after 3 days send the ambassador back. That's all.

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President-Elect Zio26 min ago

Nice chinamove in bitcoin today ...

...

BITCOIN

President-Elect ZioSep 20

Better expect 5000 points more down. Lower than 40,000. Buy the Dip? Wait.

...

URANIUM

President-Elect ZioSep 16

Uranium will soon hit a >>>temporary<<< high. The following correction will be a buying opportunity.

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President-Elect Zio3 min ago

China's top regulators ban crypto trading and mining, bitcoin tumbles

https://www.reuters.com/world/china/china-central-bank-vows-crackdown-cryptocurrency-trading-2021-09-24/

...

More important:

A digital euro

https://www.ecb.europa.eu/paym/digital_euro/html/index.en.html

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bitcoin will stop at Big Zero but before that it will go up and down fukin the suckers

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btc isn't my playing field. maybe i will trade it some time. maybe not.

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Contrary to popular belief, Americans are loaded with cash up to their eyeball. I do not know where are they getting it but it's a fact. People are so rich and spend money freely. $100 is like $5

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People are spending all they have saved the entire lifetimes because they’ve lost hope!

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Not everyone but quite a few people are giving up and saying wth! They are spending money to defeat their depression and hopelessness and will have to borrow money to bail themselves out at some point . Crazy times!

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They are having $10 , $14 drinks.. multiple drinks with their women and 30 % tips !

and don't look like depressed at all. They come in Honda and Subaru (no BMW). So they are not 1%

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Well no they’re getting a temporary high! I know because I’m watching it all unfold by design!

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you may be right because math does not add up even at salary of 100 K

Spend that last dollar bill and then go underground may be the plan

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Plus people have large sums of money from the sale of their homes and are blowing it and losing it because they can’t buy another house . Pension funds out bid them and are buying the real estate so the people are sad and shopping and spending to get over the reality. Just grabbing at straws. I see it happening!

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