Monday, May 4, 2020
Thoughts 3May2020
my grandpa sold his house in iraq when the iraqi dinar was 3 dollars then hyper inflation made it where 1000 dinars are 1 dollar. if he bought gold he would have over 4 million dollar.
https://www.youtube.com/watch?v=R1nXouWGoyE
I live in uk, went to supermarket for some basics today the queue was so big to get in I came home instead and have decided to fast for a couple of days
I've been trying to wake up my friends here in Canada for the last 8 years with your videos, it's like banging my head against the wall.
But recently I've been sharing your Hidden Secrets of Money series with my friends in Venezuela, bang instantly get it, and understand everything what a huge difference, they ask me all the time for more info
My employer is seeing record setting sales in online sales of auto parts. I figure it's because everyone got free money. I think within the next month or so those sales will die off. If business keeps going its because no one is purchasing new or used cars. Only time will tell but online auto parts is expected to grow at about 4.5% over the next few years.
But I learned that people that are saving currency while the Fed is in overdrive printing it, are actually losing purchasing power of their currency already in existence.
For those of you that say you shouldn't fight the fed, lemme drop some truth on you; I've been doing this for 28 years. Former Merrill Investment Banker/broker. Spent some time in the Fed, seen how the sausage is made. The Fed open market desk has a limited list of assets it is allowed to buy at any given time, and a limited AMOUNT that they are allowed to buy. They CANNOT support the entire market. 2.3 Trillion is a micro-fraction of the money they would need to support all equities and bonds in all markets. The bond market is WAY bigger than the equity market. However, the Fed WANTS you to believe they can support the market, so, when things start to take a dump, you'll HESITATE to pick up the phone to your broker and panic sell. But, when a downturn happens, the Fed cannot and will not reach out and purchase ALL assets. One month is short-term, but this policy the Fed is currently pursuing is DANGEROUS! Believe me, all of those dollars finding their way from the Fed into ETF's, MBS's, CLO's and Corporate bond funds WILL eventually find its way into the general economy, and when that happens, inflation will hit hard. When that happens, bond yields will SPIKE, "Investment Grade" BBB- corporate bonds will no longer be able to afford their coupons, they'll get downgraded, pension funds (the only holder of corporate debt today) will be forced to sell as pension funds are fiduciaries and NOT ALLOWED TO HOLD JUNK. This will result in a fire sale of both bonds and equities, where there are no natural buyers for either, and the whole house of cards will come crashing down. Think about it! IF it were possible to keep markets artificially inflated on into perpetuity, then the many presidents of the past would have done just that. We would all be millionaires, everyone could retire with plenty of money, the market would never go down. GROW UP PEOPLE. Nothing stays up forever, and the markets ALWAYS win by returning to the mean. PERIOD. I hope this saves you money and indigestion.
https://www.youtube.com/watch?v=R1nXouWGoyE
I live in uk, went to supermarket for some basics today the queue was so big to get in I came home instead and have decided to fast for a couple of days
I've been trying to wake up my friends here in Canada for the last 8 years with your videos, it's like banging my head against the wall.
But recently I've been sharing your Hidden Secrets of Money series with my friends in Venezuela, bang instantly get it, and understand everything what a huge difference, they ask me all the time for more info
My employer is seeing record setting sales in online sales of auto parts. I figure it's because everyone got free money. I think within the next month or so those sales will die off. If business keeps going its because no one is purchasing new or used cars. Only time will tell but online auto parts is expected to grow at about 4.5% over the next few years.
But I learned that people that are saving currency while the Fed is in overdrive printing it, are actually losing purchasing power of their currency already in existence.
For those of you that say you shouldn't fight the fed, lemme drop some truth on you; I've been doing this for 28 years. Former Merrill Investment Banker/broker. Spent some time in the Fed, seen how the sausage is made. The Fed open market desk has a limited list of assets it is allowed to buy at any given time, and a limited AMOUNT that they are allowed to buy. They CANNOT support the entire market. 2.3 Trillion is a micro-fraction of the money they would need to support all equities and bonds in all markets. The bond market is WAY bigger than the equity market. However, the Fed WANTS you to believe they can support the market, so, when things start to take a dump, you'll HESITATE to pick up the phone to your broker and panic sell. But, when a downturn happens, the Fed cannot and will not reach out and purchase ALL assets. One month is short-term, but this policy the Fed is currently pursuing is DANGEROUS! Believe me, all of those dollars finding their way from the Fed into ETF's, MBS's, CLO's and Corporate bond funds WILL eventually find its way into the general economy, and when that happens, inflation will hit hard. When that happens, bond yields will SPIKE, "Investment Grade" BBB- corporate bonds will no longer be able to afford their coupons, they'll get downgraded, pension funds (the only holder of corporate debt today) will be forced to sell as pension funds are fiduciaries and NOT ALLOWED TO HOLD JUNK. This will result in a fire sale of both bonds and equities, where there are no natural buyers for either, and the whole house of cards will come crashing down. Think about it! IF it were possible to keep markets artificially inflated on into perpetuity, then the many presidents of the past would have done just that. We would all be millionaires, everyone could retire with plenty of money, the market would never go down. GROW UP PEOPLE. Nothing stays up forever, and the markets ALWAYS win by returning to the mean. PERIOD. I hope this saves you money and indigestion.
Trade Planing
Trading without a plan is the number one way to lose all your money. What will happen is if the market goes against her she'll have no plan to exit. And she'll also have no plan take a profit. Which means you get wrecked in either direction. Yeah if you have no plans stay out of the market. Have a plan, have any plan for that matter!!!!!!!!!!!!!!???? investing your worst enemy is staring back at you in the mirror. And how you feel is everything!
Been there done that!!!
Been there done that!!!
Protect from radiations
Protect yourself from the weaponized 5G system: Do NOT bring a 5G router, 6G router, or wigig router into your home. 5G will attack the oxygen you breathe causing respiratory distress. 6G will attack iodine (iodine is vital fir thyroid health). Do NOT wear any trackable devices on your body such as airpods/ipods, smart watche, smart rings or bracelet, neck muscle relaxer device. If you wear any type of smart tracking device on your body they will be able to beam the deadly 5G technology directly to you, at whatever volume they wish. Also, do not bring LED lights into your home. They 5G technology will be beamed through LED lights (Lifi). The 5G system will cause changes in the DNA of living organisms and damage human female eggs. It will also cause cancer and respiratory distress as the oxygen molecules will be unable to bind to hemoglobin properly. Please see the Fullerton Informer youtube channel for more information.
Employment lawyer during this Depression
Freezers sold out a month ago. Everywhere I went, they were only getting online already sold shipments. We managed to buy one online, but the other remaining one sold the next day. We have since spent $1000 on meat, $150 meat slicer, vacuum seal & bags $100. Our 2 deep freezers are full, because we luckily can prepare. I was a Bankruptcy lawyer during the last recession. I'm an Employment lawyer during this Depression. If things unravel, it looks like there will plenty of opportunity to practice Bankruptcy again! (Unfortunately) I cannot believe what's going on, but I sensed it. I sold my house 6 months ago! Waiting to buy the new house and new car til 2021/2022.
Productive time use
I have had to start managing my days according to rules I have set for myself. I limit myself to two periods a day wherein I read news and gather information so I am up to date. And no reading of news after 9 PM. If I didn't do this, I think I would descend into madness. That's how angry I become when I see how much the Powers-That-Shouldn't-Be are manipulating and preying upon us plebs. All other time is devoted to being kind to myself, and engaging in positive, productive prepping and learning activities. Today, for example, I am assembling a new lawn trimmer, baking bread, and learning to make chocolate pudding from scratch.
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