A weird thing about housing is the government spends so much time and taxpayer money to create affordable housing, and distorts the market to give home loans to people who can't afford them so everyone can own a home, but then, when the economy crashes and housing overall comes down and becomes more affordable, government does every bullshit trick it can to keep prices artificially propped up.
@WesSeid we r always doing EXACT opposite (govt) as needed actions! it feels like someone purposivly trying to ruin stuff! we NEED to cut debt and they offer incentives to get deeper! no 1 rememebrs "CASH 4 CLUNKERS" to me that says it ALL !
as a professional trader it does not surprise me when something terrible happens in the market or so and so did this. i get so sick and tired of seeing how the media makes everything seem as a shock or a surprise look at the S&P down grade on the US credit. for the smart ones we knew it was coming
Gold down 13 1654 from my 1668 Entry and I have traded it around last 24 hours in and out for about 50 bucks 1665-45-55, Yes, I am short free ride short for trade. Hard Stops on any closes over 1710, Free Trade now!
The $ in the cupboard example at 22:57 nails it. Listen, everyone, and be granted knowledge.
WesSeid 4 months ago
A weird thing about housing is the government spends so much time and taxpayer money to create affordable housing, and distorts the market to give home loans to people who can't afford them so everyone can own a home, but then, when the economy crashes and housing overall comes down and becomes more affordable, government does every bullshit trick it can to keep prices artificially propped up.
WesSeid 4 months ago
@WesSeid its amzing! so wrong !
SCOPELABS 4 months ago
@WesSeid we r always doing EXACT opposite (govt) as needed actions! it feels like someone purposivly trying to ruin stuff! we NEED to cut debt and they offer incentives to get deeper! no 1 rememebrs "CASH 4 CLUNKERS" to me that says it ALL !
SCOPELABS 4 months ago
What's the Market symbol for FOOD STAMPS, I'm going all in....hahahah :)
texture6 6 months ago
pound sterling is still around buuuut its lost well over 90% of its value
nieldsb 6 months ago
This has been flagged as spam show
I love this channel.
73cupcake 6 months ago
as a professional trader it does not surprise me when something terrible happens in the market or so and so did this. i get so sick and tired of seeing how the media makes everything seem as a shock or a surprise look at the S&P down grade on the US credit. for the smart ones we knew it was coming
momoville100k 6 months ago
Greg, your no BS approach is much appreciated. Keep 'em coming.
-thank you
bkarmas 6 months ago
I think Paulson just watched Jim Rogers saying he was taking out puts on American financials on Danish TV, not really insider information.
murrchops 6 months ago
Gold down 13 1654 from my 1668 Entry and I have traded it around last 24 hours in and out for about 50 bucks 1665-45-55, Yes, I am short free ride short for trade. Hard Stops on any closes over 1710, Free Trade now!
misstradelive 6 months ago
Great video. Just finished watching with cnbc muted in the background while the Dow is -200 on Friday.
jonvssocrates 6 months ago
I thought this vid was about trading, but then turns into History of money. Cool !
smasila 6 months ago
Real-estate has at least 15 years before the bottom if we mirror Japan. And even then it doesn't come back, it just stops going down.
jonvssocrates 6 months ago
Long UGL and SDS.
And Loooooooovinggggg it.......
Luiyi385 6 months ago
I wasnt sure if I should buy gold, silver, bonds, stocks, or swiss francs..... so I bought beer and rum and did nothin with my portfolio. :-)
InspireImages 6 months ago
yes G, you are the Hunter S Thompson of investing:) :)
fal2grace 6 months ago
What do you mean if gold closes over 1700 thae trade is over. Can you be more specific?
PoorManStand 6 months ago
@PoorManStand he must be short gold so if it goes against him 1700 is where he'll be stopped out.
dotsthots 6 months ago
glad to have you back Greg on You Tube your a great person
momoville100k 6 months ago
@momoville100k IF i gona reply to any COMMENT geez Thanks!!! nice of u to say convince the mother of my kid huh?
SCOPELABS 6 months ago
tricky dick ----- kennedy's nemesis
33commonsenseguy 6 months ago
Really enjoy you guys bantering about. Like panning for gold in a fresh placer, always assured of some nuggets.
NAVYGOLDEIGHTFOUR 6 months ago