ALERT! NOW MORE THAN EVER: Become Your Own Central Bank! Here's Why. By Gregory Mannarino
In the video below I discuss why now more than any other time, you must become your own central bank and be betting against the debt bubble!
Do not miss this one.
Gregory Mannarino @marketreport
My favourite sentence of you: "Become your own Central Bank."
Best advice ever! I did a long time ago :-)
People should get out of debt too, and do not use debt in the future. That will bleed the banks to death even more quickly. Mortgages should be the only exception, and even then people should try to avoid them.
You can "probly" almost just stop paying on unsecured loans like credit crads. I doubt Capital One will get to you before they collapse. Right now COF stock is like the rest of the banks...they have the "freedom fighters!" who are all about the cryptos wanting the banks to all go defunct. But right now Greg is still kicking crypto asses via keeping his XLF long open. Enough is enough Greg! Close the XLF trade so that the banks can drop and bitcoin can rally! That's my "unique" take on things anyway. If you bought any of the other "popular" cryptos like EOS (like for instance you bought Dollar Vigilante's spew that he was going to go buy some as soon as he banked enough chachingo on your upvotes)...which drove the masses in at higher prices like EOS 1.85 where old Jeffey Boy said to buy.. You "might be" a tad more desperate for Greg to close the XLF trade out. I like the way you are handling it, Greg. :-) For the record, EOS buyers now only down about 10% since Jeff berwick's "enticement" spew on Fri I guess it was. Greg now up almost 20% on his XLF trade...still. Who are you rooting for, @finnian? Greg, or Dollar Vigilante? :O I don't spot any "collusion" betwixt Greg and Jeff. Bitcoin still on a collison course with sub $2400 by tomorrow tho. ...unless Greg closes his XLF trade it "looks like" ...for today :-)
http://bitcointicker.co
I don't trade. I buy and hold. I do not care if someone may or may not be talking their book. To me such things do not matter. I have lots of baskets and do not put myself in situations where I might be stressed out. Are you stressed out?
I was, but since I have been taking collodial silver it definitely helps balance out my short trades in silver itself. I will never resort to doing coffee enemas like Jeff berwick does at bitcoin buying opportunites tho. That's based on what he was doing when bitcoin traded to $1880 just before Memeorial day 2 days after he was "WoooHoooin!!" the high for that Th going into Memorial day up there at $2700+ at the time. Jeff is actually tryingto generate another 30% loss from an 'actual" Bitcoin buy call at $2020. I outlined that at my blog. I think he can do it but since you bought in what...2013?...I'm sure you wouldn't shit your pants unless Bitcoin saw maybe $750? :-)
I do not own any BTC. You've mentioned one webpage and now your blog. Is there anything else you'd like to include?
Yes. Thank you for axin. The person who upvotes this partickler spew to $20+ U.S. dollars receives a complimentary bottle of ripple from me. I'm sure you already own ripple, the "lively" alternative for crypto believers who will continue to HODL, yet be too skeeerd to "buy the pullback!" in ANY of the BTC alternatives. Ripple actually winks back at you. Find me another crypto that does that.
Not sure how many times I have wreck-o-mended ripple...but you wait...you'll be glad you had some on hand one day.
I've loved this back and forth, thanks. No, I do not own any XRP, but I plan to buy some in the near future!
I really appreciate you driving home the fact that it doesn't matter where the market goes, we're going to keep on capitalizing on it and use those profits to invest in hard assets for the long term. Great video Greg! Re-Steemed
I have been buying silver with every paycheck. Nibbling at Bitcoin and a few other cryptos too. The yield curve is screaming a pending crash.
Silver the cheapest hard asset today. Buy silver. They can not let interest rates go higher with the amount of debt the government has.
They can offer 50/100 years bond to kick the can further down the road.
But is gold the softest of the "cheap" assets? Or simply the hardest one to trade in order to "try" and get even on any buys you made in say Aug 2016? That wasn't too long ago btw. :-)
I am not a trader in silver or gold. I invest in them to keep my wealth. If you look at the long term from the start of the FED in 1913 you will see gold and silver much better value then the US$.
I ass-oom you define wealth as the total value of your assets? Silver and gold are and "will be" declining assets for quite awhile yet. My "conservative" guesstimate is that values of both will be cut in half at least once from current levels. Silver has an outside shot at getting cut in half twice. Gold? ...ehhhh...maybe. Also, I don't care about the past, only the future. And if the value of the dollar is down THAT much since 2013 then yes! ...of course I'm interested in owning it. Who wouldn't be? :O
Good advice, thanks. Been accumulating small amounts of silver and cryptos as I can.
Thanks For Shared your Post @marketreport I need This
Just To Upvote You and wait your next post
i think every businessman must watch this
I would extend it to anyone not just business people.
I agree, and every high school kid too.
How can some of them understand it when they can't listen, read or comprehend what is being told to them?
Thanks for the share fed always change its decision so quickly the market always reacted late.
It's become a rotational flow of money to continue to keep the market propped up. Oil will be next after financials.
Resteemed