Stiff Drink Time! Economy is just scary and I invited Greg to come on over to LEOFINANCE.IO

over 3 years ago

Key points:

Last week Initial Jobless claims 778,000
Stock markt continues to reach record highs
Trend will continue
US trade deficit (importing more than exporting)

I have done my due diligence and left Greg an offer in the comments to come over to leofinance! I have a lot of respect for Greg even if I do not agree 100% with EVERYTHING.
Greg feels this is a setup.. all of it! The FED will own it all and wants MOAR MOAR MOAR buying. We all know the ponzi scheme going on with a creation of feudal two-tier society that is becoming more real by the day. I wish I could say more that is positive.
We are at a complete disconnect as the Federal Reserve becomes the lender and buyer of last resort.

With more stimulus which MUST come you will see further price distortions as we have not even had a proper correction. Trillions will be flooded into this market with debt acquisition and rate suppression.

BET AGAINST THE DEBT
GOLD
CRYPTO
BECOME YOUR OWN CENTRAL BANK

My own thoughts and analysis; I feel GOLD may bounce as it touched 1800 USD. Comex or not it's a psychological level and MAY go up from here. Either way you should have some in your portfolio (minimum 10% insurance)

Crypto 'feels' like it is cooling off a little despite my crayon charting abilities from yesterday. 21K may be around the corner, but it's volatile and speculative. Hive is pumping slightly as the other alts seem to be cooling a little. We shall see what tomorrow brings.