70 percent loss is no big deal to the hodl bois. They like it raw and dry by now haha. Maybe they will join Cathy Woods fund next for extra security. Just to diversify ya know.
The same names from 10+ years ago saying the same shit, but they ain’t saying anything I can’t see for myself out on the street every day
More pop could be coming cuz when the Corn pops, it pops! Room to the upside baby. Bull trap yes DJE. Might suck in some suckas right in the suckhole before it loses another 60 percent but we will see. Im just guessing tho with no dog in the fight.
I would say it is more of a mug trap than a bull trap with this dead cat bounce. The recent interest rate hikes have not even fully made their way through the financial and monetary systems as of yet and there is more to come, and already the cowboys are getting excited about the good times they think are coming. The light that you think you see at the end of the dark tunnel is the recession express train coming straight at you. Fools rush in where angels fear to tread.
True, but at least he reports on the true figures and not the lies fed to everyone through mainstream
Anyone buying risk-on assets over the next few months or so needs to have a clear price point at which they should exit the market while the euphoria remains, not once they've been smacked in the head by the train.
While back was all in on hard assets, but in my amateur opinion based on necessities and gov/global policies some outliers remain energy commodities like uranium and lithium bought within right timeframe have luckily made me some cash and if demand still outweighs supply certain things will perform. Once before said I rely on slogans..."when In doubt zoom out" market always recovers even after great depression. Must admit but lately been questioning my choice of Nasdaq ETF as it weighted to technology. Reassure myself with on a long enough timeline market it makes money a mechanism that transfers wealth. I'm mostly just a stacker who's decided to diversify and the US stocks are down over 30% think they'll drop more but then rise...like an imperialist American eagle/Phoenix rising from the ashes these are the biggest companies in the world if they go to shit completely money be least of my problems
I used to listen to Bullarino years ago but hes an investor and down about 60 percent now. Plus his "astro crypto" guy totally put me off and he just up and disappeared one day and nothing was said from Greg about the kook. I asked Greg what happened to his star reader crypto boy that he endorsed and he told me to "go get another booster" haha. I unsubbed from him since then but i still like to troll him sometimes and ask him if the markets are still going much much higher like he always said. Hes like a little kid sometimes, just wants to pick up his ball and go home.
Lol he is like a kid sometimes, don't get me wrong, I purely listen to him occasionally for updates on the U.S bubble, I don't follow any of his financial advice etc, (although I do stack) I didn't even realise he was heavy in crypto, only started listening to him. Why would he tell you to go get a booster? Was his crypto guy a victim of it or something? I'm missing something there. Who do you recommend for unbiased information regarding the economic space and movements from BRICS and the U.S?
Greg is big on physical silver and i do agree with him there. I listen to alot of different traders at any given time but Greg just rubbed me wrong, is very full of himself and is rude if anyone asks him a hard question. Maybe hes been stressed about his losses i dont know. I really dont know if he has any crypto or not right now. Hes more of a fundamentalist but doesnt know what hes looking at on the charts.
What do you think @JohnnyBravo300 and @DJE will happen , will the dems and republic come to a deal on the debt ceiling? They (media) are saying the world will collapse if they dont . Even a close call could spook the markets to a point it will take years to recover. June is the deadline .
Last time they closed a few Natl Parks but it always goes up like the last 80 something times. Its just drama and gas lighting between the two partys but they are the same. Just a show but doesnt stop anything and nothing will collapse. Both sides rely on endless debt and neither give a hoot about our constitution.