Greg I have been following you for years on Youtube almost everyday!
Yes You have helped me stay strong with my metal holdings though the inverse bubble theory. My favorite slogan is BECOME YOUR OWN CENTRAL BANK!!! We will have the last laugh. No doubt about it. Thanks
All of us that are betting against the debt bubble, being our own central bank and looking at the long game need these rate hikes to start the Gold and Silver bubble
I think they will raise rates at a very small fraction just to save face, but the affect will still cause people more hardship, and negatively affect the economy. Here come 2008 again.... look at the forclosures everywhere.
The Federal Reserve sadly has way more power than any entity in a free market should. What they fail to understand, the market can actually find its own way without their 'help'. I hope one day to be free of them. Thanks for your views on what the impact will be tomorrow which will help people protect themselves from their actions.
Yeah Greg, you're nuts. But hey it takes all kinds. If you do put a sign on you forehead, take picture and mark it on the calendar because it will be a rare event.
Correct, if you follow Greg's advice you will be wrong no matter what. He just proved that with the MCD straddle he closed out today and the MCD 150 puts lost twice as much as the $150 strike calls gained. The windup? If you can't figger it out please don't think that a dummass strategy like Bananrino offers is the solution. If it was as easy as "playing both sides of the same trade" we would all be millionaires.
Can't help thinking about that song from "Annie" - "The sun will come out, tomorrow, tomorrow, bet your bottom dollar for tomorrow, there'll be sun" LOL... hmmm, maybe I'll watch that old movie tonight LOL....
News today down here in Australia, cash in a standard savings account means after tax and inflation your currency is going negative. But we already knew that?? Get "money" as in metals not currency
They want to bring the economy down. They have also hyped it too much to walk it back. They will likely hike. I don't see why they would not. I agree with Greg
I think they will NOT raise the rates ... For THE last time,
And the PM will be smashed to create a trust in the FED/economy.. Market will go up short time.
Because until the next time when they WILL raise rated ..people will have gone all in are are stuck.. Which will make them lose everything.
These people want it ALL ... While making everyone else broke.
Greg is a human version of a crystal ball - so much knowledge that results in accurate predictions. I'd be surprised if rates are not raised but anything can happen. Be aware and prepared!
Actually, his current strategy to play both sides of the exact same trade will fail miserably. Makes sense that it would too. If it was as easy as buying both puts and calls for the same strike price on teh same expiration month then we'd all be millionaires. Greg's "straddle" in MCD was a miserable failure as the puts lost twice the gain teh calls generated. I only logged in the call prices for his new tech plays. Very confident this trade will generate losses also. Only complete morons enter a trade on a gapup or gapdown move.
Full disclosure of your "actual" results on your MCD straddle right here. I logged in teh prices of the MCD $150 strike puts and calls as you posted the picks. Same with your 3 new tech losers, altho I only logged in the call prices at those strikes. I'll watch the calls more carefully then the puts since you are advocating long positions. In "reality" you can't fugure it out, which is why you are taking both sides of the same trade. :-)
I am with you. It is very likely that the rate hike has been priced in. I hope precious metal complex can get a boost, but Market is hard to be predicted sometimes.
"Rate increase of a 0.25 basis point again as the economic Fundementals and data seems to be showing a booming recovery"
BWAHAHAHAHA BWAHAHAHAHA BWAHAHAHAHA
What else do you think a sock puppet can say?
Hahahahaha I was thinking the same thing... COME ON
I like the topic! you got an up vote and a new follower my friends.
@evanrvoss
Cheers m8! A new friend is always good
how low can you go
Greg I have been following you for years on Youtube almost everyday!
Yes You have helped me stay strong with my metal holdings though the inverse bubble theory. My favorite slogan is BECOME YOUR OWN CENTRAL BANK!!! We will have the last laugh. No doubt about it. Thanks
I agree pal. Greg brought me to Steemit. He's one of the good guys...
"Witch I personally have." Just like magic!!!
"The courage to act"
Thanks for all your effort Greg.
Nothing will happen like usual... print baby, print lol
Thanks for taking the time to care about us, I REALLY enjoy your posts. ROAR!!!
What Trump's role in the FED decision?
Nothing directly, but indirectly, I hear "he's a low interest rate person, just like Yellen".
Ripping the face off the FED!
Thanks, LION!
Very much appreciated Greg. I guess you nailed it right. Thanks for taking of care your LIONS.
Thanks for enlightening us to Steemit Greg, it's been a fun endeavor!
All of us that are betting against the debt bubble, being our own central bank and looking at the long game need these rate hikes to start the Gold and Silver bubble
Be Your Own Central Bank!!!!
I say the Fed will raise rates
Thanks... upvoted... resteemed!!!
I think they will smack down the metals in the morning but then they bounce back with with a gain by Friday.
I think they will raise rates at a very small fraction just to save face, but the affect will still cause people more hardship, and negatively affect the economy. Here come 2008 again.... look at the forclosures everywhere.
If you are wrong maybe you need to play the Waylon Jennings song "Wrong" as an intro tomorrow, BUT I don't expect you to be wrong!
can't wait to see ...or should I be afraid?
No fed hike! No fed hike! nO FeD hIkE! Idk we'll see................
The Federal Reserve sadly has way more power than any entity in a free market should. What they fail to understand, the market can actually find its own way without their 'help'. I hope one day to be free of them. Thanks for your views on what the impact will be tomorrow which will help people protect themselves from their actions.
I don't think they will raise rates.........but I am a contrarian.
Tomorrow will be interesting to say the least. Looking forward (I think...) to seeing how this plays out
Interesting that many gold and silver stocks were up today while the gold and silver prices went down a little.
Agree. Fed will raise rates. If they do not, i will be shocked and markets too. Yellen will lie again :) .
Not nuts, but Greg do the traders bet on how many words Yellen says in her presentation ?
Yeah Greg, you're nuts. But hey it takes all kinds. If you do put a sign on you forehead, take picture and mark it on the calendar because it will be a rare event.
you are good at it greg. and I know I am doing something right by working alongside with your views, as well. (y)
meep
No matter what they do it will be wrong. the Fed steals from us all and needs to be stopped.
Correct, if you follow Greg's advice you will be wrong no matter what. He just proved that with the MCD straddle he closed out today and the MCD 150 puts lost twice as much as the $150 strike calls gained. The windup? If you can't figger it out please don't think that a dummass strategy like Bananrino offers is the solution. If it was as easy as "playing both sides of the same trade" we would all be millionaires.
https://steemit.com/greg/@joejustjoe/the-greg-bananarino-truth-in-disclosure-trade-log
Good stuff Gregory
Can't help thinking about that song from "Annie" - "The sun will come out, tomorrow, tomorrow, bet your bottom dollar for tomorrow, there'll be sun" LOL... hmmm, maybe I'll watch that old movie tonight LOL....
Long time follower and as always GREAT INFO.
News today down here in Australia, cash in a standard savings account means after tax and inflation your currency is going negative. But we already knew that?? Get "money" as in metals not currency
Nice tones, Greg! I think you're an awesome man! Thank you, as always!
A 0.25% increase is a must, to have enough to slash down interest rate during coming recession. A single digit increase days are long gone.
Would Bitcoin or Ethereum sky-rocket or crash down tomorrow in your opinion?
They want to bring the economy down. They have also hyped it too much to walk it back. They will likely hike. I don't see why they would not. I agree with Greg
more videos on option trading!! :)
What if the reality is central banks buying and trading cryptos only to leave us with capital controls and bail ins?
Maybe a big shock is coming and the Fed raises more than 25 points?
I think they will NOT raise the rates ... For THE last time,
And the PM will be smashed to create a trust in the FED/economy.. Market will go up short time.
Because until the next time when they WILL raise rated ..people will have gone all in are are stuck.. Which will make them lose everything.
These people want it ALL ... While making everyone else broke.
As always, Thank you Greg!
Maybe i am wrong and there will be a rate hike?!
That would in that case start the housing market crash 2.0.
http://www.cnbc.com/2017/06/13/fed-rate-hike-this-week-to-hit-millions-of-borrowers.html?
Greg is a human version of a crystal ball - so much knowledge that results in accurate predictions. I'd be surprised if rates are not raised but anything can happen. Be aware and prepared!
Actually, his current strategy to play both sides of the exact same trade will fail miserably. Makes sense that it would too. If it was as easy as buying both puts and calls for the same strike price on teh same expiration month then we'd all be millionaires. Greg's "straddle" in MCD was a miserable failure as the puts lost twice the gain teh calls generated. I only logged in the call prices for his new tech plays. Very confident this trade will generate losses also. Only complete morons enter a trade on a gapup or gapdown move.
https://steemit.com/greg/@joejustjoe/the-greg-bananarino-truth-in-disclosure-trade-log
Full disclosure of your "actual" results on your MCD straddle right here. I logged in teh prices of the MCD $150 strike puts and calls as you posted the picks. Same with your 3 new tech losers, altho I only logged in the call prices at those strikes. I'll watch the calls more carefully then the puts since you are advocating long positions. In "reality" you can't fugure it out, which is why you are taking both sides of the same trade. :-)
https://steemit.com/greg/@joejustjoe/the-greg-bananarino-truth-in-disclosure-trade-log
Thanks
I think they'll raise it.
I be smellin some janet yellen, what she'll do, there's no tellin.
Greg:
I am with you. It is very likely that the rate hike has been priced in. I hope precious metal complex can get a boost, but Market is hard to be predicted sometimes.
Rate hike not the end of the world. It is all good.