The Daily Ninja 7/17/24
Updates From The Economic Ninja
(7/16/2024)
📈 Gold hitting an all-time high at over $2,460, despite the Dow Jones blowing up by 700 points.
📈 Gold jumps to a record Tuesday as rising expectations of a September interest rate cut bolstered demand for Bullion.
📉 "Every time the FED starts to lower rates, we move into a recession okay."
📈 Pivoting from physically holding precious metals to leverage into another asset class can lead to success and wealth.
📉 The price of gold dropped as a result of deleveraging in the stock market, causing many people to sell their gold and miss out on a later price increase.
📈 Buying gold in January compared to the stock market has blown it away on a percentage gain, proving its value as an investment.
😌 It's crucial to observe and learn from others who have been right in the past when it comes to trading decisions.
📈 "You are going to see much higher days in the future but they're going to come during very very hard economic times."
(7/16/2024)
🚫 Jack Black cancels Australian tour after bandmate wishes Trump dead amid outrage and calls for deportation.
🌎 The movement outside of America is about to destroy Tenacious D's career as a band.
🎤 Jack Black's decision to put future creative plans on hold due to fear of backlash for his political opinions reflects the pressure on celebrities to conform to public expectations.
👀 Australians were outraged at Tenacious D's comment, with Senator Ralph Babbit demanding that the pair be deported.
🔥 Babbit is calling for the deportation of Tenacious D, linking their presence in Australia to an endorsement of the shooting and attempted assassination of Donald J Trump.
🎭 Hollywood Elites are called out for their overpaid and woke behavior, with suspicions of criminal activities and pedophilia.
(7/16/2024)
🌍 The economy and politics are about to undergo shocking changes in the next few months, according to the speaker's predictions.
😡 "We are spending our hard-earned tax dollars to fund a war in Ukraine instead of helping our own country's issues like homelessness and veterans."
🔄 Many people fail to understand the potential for rapid change and downturns in the economy, leading to a false sense of security.
💰 Politicians are fed lies and money from corporations, causing them to lose track of reality and the needs of the people they represent.
🔮 This is a signpost of what's coming and if you're ready for this you're going to go charge the mound and absolutely crush it.
📉 High-end retailers like Hugo Boss and Rolex are collapsing, similar to what happened in 2006-2007, indicating a potential economic downturn.
🤥 Former Fed chair Bernacki was 100% wrong about the mortgage crisis, yet still received millions in speaking fees, raising questions about the integrity of economic experts.
📉 The value of gold, silver, and Bitcoin is increasing due to the declining value of the dollar, making them more attractive investments.
(7/16/2024)
🏡 Understanding the changes in mortgage rates and pivoting to do something different can help you make a lot of money in real estate.
💰 Mortgage rates have started to fall to levels low enough that buyers might want to start watching and making plans.
💳 Negotiating mortgage rates is crucial, as different lenders may offer significantly different terms and fees.
🏠 People get excited about lower rates, but brokers may use this to upsell and offer even lower rates at a cost.
🏠 "There's never a bad time to buy a house as long as you're buying a house for yourself and you're going to be there for a long time."
💳 Rates will only fall in a real term when things are really bad, so be prepared with a good credit score and thick credit file.
🏠 Saving money right now is just as good as making money, and with the right knowledge, you can start buying property after property during this downturn.
Keep Crushing It!
-Ninja Out






