Avocados... A Gateway Drug?

Avocados Are Getting More Expensive, Fed Changing Housing Price Data, Big Corporations Make Big Changes and more...

The Daily Ninja 6/20/24

Updates From The Economic Ninja

(6/20/2024)

(6/19/2024)

  • ๐Ÿ“‰ The Federal Reserve changed housing price data to show the market is only down 5% right now, raising questions about the accuracy of the information.

  • ๐Ÿ“‰ The median sales price of houses in the United States has seen a 5% dip, but it's not as significant as the dip seen in 2007.

  • ๐Ÿ“‰ The Federal Reserve changed the housing price data, causing a significant impact on the chart.

  • ๐Ÿ’ฐ The sudden drop in real estate prices from $480,000 to $417,000 in just a month and a half is concerning.

  • ๐Ÿ“‰ The current housing price drop is at the same percentage loss as the entire Great Recession.

  • ๐Ÿ“‰ The discrepancy between the printed charts and the current housing prices is concerning.

(6/19/2024)

  • ๐Ÿ’ธ REI's financial struggles may be due to their high prices, catering to higher income earners, and lack of affordability for the average shopper.

  • ๐Ÿ“‰ The decision to lay off over 350 employees reflects the challenges of reshaping the company's cost structure in a volatile economic environment.

  • ๐Ÿ“‰ Big retailers are seeing a massive shift in spending habits, with a focus on lower-priced goods due to people spending less money.

  • ๐Ÿ“‰ REI is losing market share due to not adapting to the trend of lower cost items and dropping prices.

  • ๐Ÿค” REI's business model remains geared towards those with pricier passions, while Bass Pro Shops are adapting to the shifting economy.

(6/19/2024)

  • ๐Ÿ’ฃ The current 100-year cycle is a currency bubble boom and bust, signaling a major financial crisis.

  • ๐Ÿ“‰ Liquidating US treasuries may lead to hyperinflation, a concept that many Wall Street professionals seem to be unaware of.

  • ๐Ÿฆ Since the FED has once again backstopped the US Financial system, the next bank failure will be in Japan.

  • ๐Ÿ’ธ The bond collapse is now beginning as evidence shows countries like China, Russia, and Japan are becoming net sellers of US treasuries.

  • ๐Ÿ’ฐ Central banks are buying more gold as the US dollar implodes, putting upward pressure on the bond market and potentially causing mortgage rates to skyrocket.

  • ๐Ÿ’ธ The prediction of a small bout of hyperinflation in our currency could lead to a 20-30% inflation rate in our nation, which shouldn't be a surprise given the government's history of lying about inflation during covid.

(6/18/2024)

  • ๐Ÿ“ˆ China's increasing demand for silver is driving up the price, signaling a potential shortage in the market.

  • ๐Ÿ’ฐ China is cornering the silver market as we speak, making them one of the wealthiest nations on Earth.

  • ๐Ÿ“ˆ China has been quietly buying up silver for the past two decades, signaling a potential future increase in its value.

  • ๐Ÿ’ฐ Investment grade silver makes up the smallest portion of the world silver, but has the deepest impact on the emotions and mindset of investors.

  • ๐Ÿ’ฐ China's control over the silver supply chain and its impact on the price of silver is a major concern for the market.

  • ๐Ÿ’ฐ China is taking the world's silver supply, and it's important to invest in silver to prevent them from having it.

  • ๐Ÿ’ฐ The truth about the silver market will soon come out, potentially leading to a busting of the comex as big entities like China call for delivery of physical metals.

  • ๐Ÿ’ฐ China's dominance in the solar silver supply chain is a cause for concern and action is needed to address it.

Keep Crushing It!

-Ninja Out

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