31 Comments
User's avatar
Chris's avatar

Oil surging, VIX surging, dollar surging and 10yy surging! Recipe for disaster!

Expand full comment
day trader's avatar

Honestly, I couldn't give a rats ass which path the Fed cabal does to continue to squeeze out the middle class as long as my Futures software can nip at their heals with aggressive and accurate tenacity such that this fiat system can throw me a couple bones. Trump couldn't slow them down and there's not a hell lot I can do short of fleeing to Eastern Europe thereby escaping the impending wrath of erosion, digression and squander of the American society. Bye!

Expand full comment
a2538392909's avatar

Eastern Europe?Where?

Expand full comment
day trader's avatar

Montenegro or Croatia. 6% tax rate, nice folks, crystal blue water, fly fishing for actual native fish, yacht around the Bay of Kotor, great Mediterranean seafood and a cost of living 75% less than here in California. Plus everyone is armed to the hilt due to previous strife and a very proud independent people void of compliant, panty waste X,Y and Millenials glued to their technology soon to inherit society so good luck to the globalists trying to dominate that part of the world. I'm so there!

Expand full comment
a2538392909's avatar

Wow,sounds great.I think a lot of old world charm stlli exists with the old buildings too.Great idea.

Expand full comment
day trader's avatar

Thanks! I think so. Search Youtube vids on Montenegro. Very charming place. I would consider making the move on a shoestring. Long as I had some kind of income. Americans with any semi substantial income are getting absolutely robbed here in the U.S., particularly higher net worth individuals and their families. Leaving the U.S. in droves. If interested, ck out NomadCapitalist.com. Andrew Henderson has a thriving business helping successful entrepreneurs with everything relocating.

Expand full comment
Spam-Man's avatar

I think YCC has already started. They intervened to keep it between 1.4 to 1.5 for the last week. They stopped today to see whether their temporary control would have a lasting impact but the market had another idea. Now they have gone back to buying government bonds to keep the rate down. I don't think we'll see it go higher until the Fed stops buying. Maybe... Greg, does the Fed ever have to get approval for what it buys? Are any limits put on them? They seem out of control. Who do they answer to?

Expand full comment
Chris-F's avatar

They have no limit. Just they have to raise the IR on Excess Reserves of the Commercial banks in order to keep the the short end of the curve from going negative. It's a doom vortex.

Expand full comment
Chris Mc's avatar

Not sure, but the stock market is crashing and has been. Even when BABA was recommended. Everything is getting crushed. DOW30 means squat when there are 4000+ other companies going down. 30 stocks are easy to control.

Expand full comment
Chris-F's avatar

Yeah that BABA recommendation was really bad. I'm still in and losing on it.

Expand full comment
Chris's avatar

How bad are we expecting this to get? 1.54 10yy and dollar above 91.5, what’s your thoughts Greg?

Expand full comment
Dangerous Donna's avatar

They will do with what they have experience with which is operation twist as in 2011,,,just as you say “we “have not experienced a market situation like this... they are part of the “we”

Expand full comment
John G.'s avatar

YCC would prevent the crisis from happening. Operation Twist Reboot would be a solution to the crisis. Unless the plan is to implement YCC, to be able to take it away and then create the crisis itself, I would say YCC 1st, Operation Twist 2nd.

Expand full comment
Jesse La Brosse's avatar

I think the crazy spike in the 10year with the dollar gaming strength is bad.

Expand full comment
Jesse La Brosse's avatar

Question is. Is the market correcting or is there a full on crash comming. Only the boss can tell us.

Expand full comment
Chris-F's avatar

I think they let it crash at least today to be able to be seen as the savior for doing YCC afterwards.

Expand full comment
Ken Anderson's avatar

Full YCC....first privately....then publicly.

Expand full comment
Doug Kulik's avatar

Only the shadow knows Greg. I think they're going to promote whatever it takes for the big boys to maximize their profits and then bail out. I do think YCC has started.

Expand full comment
Mark Gellermann's avatar

Totally agree with that statement but we are in fake markets trying to figure

out what to do with phony markets, valuations, etc. when most likely way

back when we actually had the bulk of the companies and other investments

typically and correctly valued. Nothing against any retail investors in any way.

It's like we're in a tank full of hyper tiger and white sharks all hungry and eager

to eat any minnows out there. Hahaha!

Expand full comment
B's avatar

loosely related... why is btc reacting WITH the market as opposed to in opposition to it?... I would expect market fear to flee into other assets and btc being one of them (for some)... but btc seems to be following it, meaning that it is intertwined somehow. I thought it was kinda its own independent ecosystem... so, im wondering if they have their hand in the crypto pot as some kind of pressure buffer.

Expand full comment
Spam-Man's avatar

I was also puzzled by btc and the main market moving together. Kind of makes btc a poor hedge against a stock market correction. Where is the clever money moving to? Temporarily to cash?

Expand full comment
Mark Gellermann's avatar

Well, if the "markets" have anything to say about it which are the bone heads in the investment

"community" no, they won't let it crash but again that is the totality of the "market" investors

doing what they "got to do". Yet market corrections of anything are supposedly "good" meaning

opportunity for the ravens, the black brids and the other carnivorous birds like buzzards to sweep up the stuff super cheap and then riding it higher as the market improves. In either case, the "market" will make dugh "money" right? They will ride the proverbial wave up or down and

as "the market" elaborates "it" doesn't really care which way the markets go as they make the

money either way up or down!

So, invariably those market forces really don't give a crap which way it goes as long as they

are either short or long before whatever takes place or both long on certain positions and

short on others as not "all" positions go negative in either an up or down trend or trending.

More so, if you short certain positions that will typically tank in bad economic times while

investing in or placing calls in defensive stocks which "are" the futures "bets" than you can

put two profit bags over your proverbial investment "horse" if you will.

That in and of itself is "not" a straddle but more so betting on certain sectors to go down in

a down turn and others going up in this same time period. Therefore you shorting some and

placing calls on others per the cycle turns and turning.

The only downside to this type of psychotic and frenetic market is "we" do not know when

a down turn will occur which makes going to the Vegas Bettors Betting Wheel of the Markets

quite unnerving to say the least except for the most unattached emotionally human beings.

These folks remarkably do not feel anything when weighing their options but more so have

done endless homework on the trends and possible outcomes therefore making a comprehensively completed "bet portfolio(s) unlike most investors concepts of the

"markets" and how they operate.

Now, if you are the guys running the "Casino's" across the "World", you dam well know when something will occur/ timelines and "but" if there are other more weighty considerations beyond those lower thinking processes, then you could conceivably let the Roulette Wheels if you will continue for some time until "after" something else takes place that then supercedes those

gambling tables and activities as the main focus of "them" as well as you and me or the

"others".

Expand full comment
Chris-F's avatar

Well trading is a professional skill IMO. And we try to ride this wave and follow the rotation with Greg's help and advice. And insiders effectively have the news before things occur.

So the retail investor generally gets screwed.

Expand full comment
Dave's avatar

The Twitter censorship continues. My latest account has been suspended. @jack Dorsey🖕🖕

Expand full comment
David Fletcher's avatar

Can't it be both?

Expand full comment