Gold Gold Gold...Why I'm Super Pumped About Gold!

J Powell in a tough spot with interest rates, Bitcoin whales accumulate, Tesla in trouble and XRP is making moves...

The Daily Ninja 4/23/24

Updates From The Economic Ninja

(4/22/2024)

  • ๐Ÿ’ฐ Jerome Powell is in a tough position as the whole world watches the Federal Reserve's next move on interest rates and economic indicators.

  • ๐Ÿ“‰ On a day when Gold is down and Bitcoin is up, it's interesting to see the S&P moving up and Tesla's price slipping due to aggressive price drops and competition in the EV market.

  • ๐Ÿ“ˆ The second wave of inflation hitting us will be great for those who have prepared by buying gold, silver, Bitcoin, and stocks.

  • ๐Ÿ“‰ The FED may have to raise rates by 1%, which would send shock waves through debt markets and be expensive for companies and individuals with debt.

  • ๐Ÿ“ˆ The sheer number of Pension funds around the world buying Bitcoin will drive its value higher in the next 6 months, potentially reaching six figures.

  • ๐Ÿ“‰ These prices even if gold pulled back a 10% wouldn't even phase me. I'm like this is so much better than what happened in 2006 2008 with the price of gold I'm happy I'm. Super pumped as a matter of fact.

  • ๐Ÿ“‰ The FED is facing a critical decision on raising rates to prevent a second wave of inflation that could destroy the country and the dollar.

(4/22/2024)

  • ๐Ÿ“ˆ Bitcoin was taken off the market because whales came in and bought it all up, proving that there is something going on behind the scenes that most people don't understand.

  • ๐Ÿ“‰ The price of Bitcoin is expected to keep rising over the years, but will also experience crashes of over 50%.

  • ๐Ÿ’ฐ Cryptocurrencies like ethereum, solana, and xrp have built-in utility that gives them value, not just as a currency but as a protocol for trading and running digital assets.

  • ๐Ÿ’ฐ Behind-the-scenes manipulation in the banking industry may be driving negative narratives about Bitcoin to profit off the transactions.

  • ๐Ÿ“ˆ Whales holding more than .1% of the total Bitcoin Supply collectively accumulated 19,760 Bitcoin worth 1.2 billion at an average price of 62,500 per coin.

  • ๐ŸŒ Bitcoin is no longer on the sidelines but at the center of significant discussions about the future of money.

  • ๐Ÿ“ˆ When Bitcoin hits $100,000, it will be on every news channel and people will be losing their minds, even those who never wanted to get into it.

  • ๐Ÿ“ˆ The largest Bitcoin whales on Earth bought up over $1.2 billion worth of bitcoin in one day, signaling a potential upcoming event that could lead to historic wealth creation.

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(4/22/2024)

  • ๐Ÿ’ธ The new REPO Act authorizes Biden to confiscate Russian assets and transfer them to Ukraine, potentially sparking retaliation from the world.

  • ๐Ÿ’ฐ The new REPO Act could lead to the confiscation of billions in Russian Sovereign assets sitting in US Banks, sparking controversy and potential economic repercussions.

  • ๐Ÿฆ The bill requires US financial institutions to notify the Department of Treasury of any Russian sovereign assets, putting pressure on banks to comply with the new regulations.

  • ๐Ÿ’ฐ The collapse of Hawaii's real estate market after Japan's withdrawal led to a significant drop in property prices, creating both opportunities and challenges for the state.

  • ๐Ÿ”ฅ The passage of the repo act has sparked a strong reaction from Russia, vowing to inflict corresponding punishment on the US and the West.

  • ๐Ÿšจ This is a big deal. I hope you're preparing now for an absolute economic devastating collapse in our economy.

(4/22/2024)

  • ๐Ÿ“‰ Tesla stock trouble: It's going to get a little ugly and it's not that Elon Musk didn't warn you.

  • ๐Ÿš— The economy is facing challenges, not just Tesla, but all kinds of EV makers.

  • ๐Ÿ“‰ Investors are bracing for what they are calling the worst results in 7 years from the EV manufacturer analysts predict that Tesla will post revenues of 22.3 billion for quarter 1 representing a year-over-year decline of 4.4%.

  • ๐Ÿš— Elon Musk's decision to slash prices after warning of "Karmageddon" shows his forward thinking and ability to lead the industry.

  • ๐Ÿ“‰ Tesla's stock has a significant impact on the overall stock market due to its large market cap.

  • ๐Ÿ“‰ Tesla's earnings per share for 2024 are expected to decrease by over 14%, reflecting a significant change in the company's financial outlook.

  • ๐Ÿ“ˆ The entire stock market is held up by a few key stocks, and a big downturn could lead to complete chaos in the markets.

(4/22/2024)

  • ๐Ÿคฏ Express filing for bankruptcy and planning to close nearly 100 stores as Investors Group looks to save the brand.

  • ๐Ÿ’ธ Express filed for bankruptcy to facilitate a sale process of its retail stores and operations to an investor group, securing 35 million in new financing from existing lenders.

(4/22/2024)

  • ๐Ÿ“‰ The massive XRP transfers made by whales from Binance to an anonymous wallet coincided with a significant dip in the price of XRP, raising questions about market manipulation.

  • ๐Ÿ”„ The transfer of 100 million XRP between two wallets linked to Binance raises concerns about the potential impact on the cryptocurrency market and the motives behind the transactions.

  • ๐Ÿ“ˆ Banks are expected to buy up XRP in earnest after the SEC lawsuit is finalized, indicating confidence in the future of the cryptocurrency.

  • ๐ŸŒ "They want to control Ripple and that xrp blockchain because they know that that's the one Ripple has been helping countries around the world develop their digital currencies to run on top of it."

  • ๐Ÿ“ˆ The speaker believes that XRP will reach numbers that will "boggle your mind," suggesting a significant increase in value beyond the previous spike during the Bitcoin jump.

Keep your head up, pay attention and youโ€™ll start to seeing opportunities popping up over the next few months.

-Ninja Out

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