Greg is one of the few voices of truth in the investment world. He is a true economist like David Stockman. He is correct about the crashing US dollar and adding physical assets like Gold & Silver to your portfolio. He is a true economist like David Stockman. Everyone is an expert in a Bull Market including yourself, but very few survive a Crash and Bear Market. You assume you will be able to click your mouse exit the market during the next Crash. Except you will find the exits will be small and few.
You will have competition:
- HFT Systems.
- The Hedge Funds
- Pension Funds
- The Big Banks
- 3 Trillion in ETFs
All trying to Sell.
The only survivors will be the Investors that prepare Now. Knowledge does not ensure Wisdom. Greg does his homework and he has Wisdom and you would be wise to listen, instead of picking apart his trades.
You tawkin ta me about small exits? ...or the guy that just paid $4040 for bitcoin?
I notice from you invest in Futures/Derivatives. The Derivatives Market is 1.4 Quadrillion in size. It is control by the Big Banks and the Central Banks. Make sure your bets are the same as the Banks because they have unlimited Leverage of the Derivatives Market, which means they control prices.
I see your a Bitcoin & Jeff Berwick hater. Jeff has made millions in Bitcoin since 2010. If you had listen to Jeff in 2010 you would also be a Millionaire. But you think your a brilliant Trader.
The Market can humble any investor including you.
I'm thinking "maybe" we should thank Greg for rescuing the entire retail sector via his XRT short? :-) Wait for him to crap out...then look for new lows. No charge for my "mentoring"...just going with a system that posts 7 to 1 losing trades..."documented."
Jeff Berwick is a scam artist.
"Hopefully" when the cryptos crash and burn he will do the right thing and commit suicide next time instead of just "thinking" about it.