November 29, 2024 - Page 2 of 2

In 1965, when I was 18 years old, I could see “copper” on the edge of our “silver” coins. Only 18 at the time, I did not realize Gresham’s Law was talking to me. Greshams Law states “When fake money enters the system real money goes into hiding.” In 1965 I began hiding real money…a little at the time. Today I literally own tons of gold and silver because I eventually began buying my gold and silver mines in 1985. And I save Bitcoin. The problem with our money is our money supply is managed by PhD’s like my poor dad. I often said to my poor dad PhD stood for “Poor Helpless and Desperate.” Our Treasury is run by PhD Janet Yellen and the Fed has 760 Phds. No wonder the US is the biggest debtor nation in history and our dollar will soon be toilet paper. Who cares if you like gold, silver, or Bitcoin? I care. If you do not know which to own….just buy one gold coin, or one silver coin, or one Bitcoin Satoshi. Buy one then set a goal of how many coins you will buy every month. You may not get rich quick… but I promise you this…regardless of what coin you choose….gold, silver, or Bitcoin….the first thing that will happen to you is you will get smarter and your financial wealth will grow as your financial wisdom grows. And that is how and why the rich are getting richer…and the liberal academic left grow poorer. Please stop listening to PhDs, choose one coin, gold, silver, or Bitcoin….set a monthly goal….and get richer. I care. Please take care of your money because our government leaders are stealing our wealth via our fake money. submitted by /u/XGramatik [link] [comments]

U.S Home Sales on track for worst year since 1995

submitted by /u/glira31 [link] [comments]

📊🤓⌛️ Four market phases that you can use in the Smart Money concept!⚡️📈

⌛️ Four market phases that you can use in the Smart Money concept! 🔋 First up is the accumulation phase. During this phase, prices are low, and smart money investors are starting to accumulate the asset. This is the phase where the market is building a base before an uptrend, the absolutely best time to Buy. 📈 The uptrend phase is the second phase, where prices rise. This is when the market is making higher highs and higher lows, and more and more investors start to jump in. 🤑 The third phase is the distribution phase. During this phase, prices are high, and smart money investors start to sell their holdings. Be ready to Sell here! 📉 The final phase is the downtrend phase, where prices fall. This is when the market makes lower lows and lower highs, and investors panic and sell. ✅ Remember, the market is building a base before a trend in the accumulation and distribution phases. In the uptrend and downtrend phases, the market is making higher highs or lower lows, respectively. submitted by /u/Yuriy_UK [link] [comments]

📈 DXY: largest one-day correction since early August The US Dollar Index (DXY) experienced a significant correction yesterday, its largest since early August.

📈 DXY: largest one-day correction since early August The US Dollar Index (DXY) experienced a significant correction yesterday, its largest since early August. One of the main factors influencing the dynamics was the less dovish comments of Isabel Schnabel from the European Central Bank (ECB). These statements had a noticeable impact on investor sentiment. In addition, there are flows of rebalancing at the end of the month from buyers. Fund managers were likely making upward adjustments to their non-US dollar portfolios to bring them back toward their desired benchmarks. It’s worth noting that some of this activity occurred in more liquid markets, which may have also contributed to the DXY’s performance. submitted by /u/Yuriy_UK [link] [comments]