- The Daily Ninja
- Posts
- Gold Is Now Captured...
Gold Is Now Captured...
Thing are heating up in commodities, banks are fearing economic collapse and more in this weekly recap.
The Daily Ninja 5/26/24
Updates From The Economic Ninja
Ninjaβs Weekly Recap:
(5/20/2024)
π Home builder confidence falling more and more over the last year and a half.
π Homebuilder confidence plunges six points in May, suggesting unfavorable conditions for building in higher interest rate environment.
π Insider reveals that homebuilders are resorting to selling units to Black Rock at a 15% discount, raising questions about the state of the housing market.
π‘ Homebuilders are artificially inflating the housing market by putting "sold" signs on unsold houses and adding a sense of urgency.
π Homebuilders are having a very hard time selling homes due to overbuilding and high mortgage rates.
(5/22/2024)
π The shocking information he came back with about the data set from the Federal Reserve is worth hearing about.
π Insider reveals shocking tactics by home builders, hinting at a potential housing market crash.
π¦ The Federal Reserve stopped reporting on exploding adjustable rate mortgages, indicating a potential peak of insanity similar to the Global Financial Crisis.
π° Massive companies, including Black Rock, are buying thousands of homes, contradicting the reported numbers on new home purchases.
π The level of pressure put on potential buyers at these sales events is insane, with people paid to cheer them on as they move to the next level.
π Nationwide home prices have already fallen more than the entire Great Recession on a percentage basis.
π The increase in mortgage payments is causing a chain reaction in the market, similar to what happened in 2006.
π° Red Fin's accounting for first-time home buyers is double the reported number, revealing a massive discrepancy in the housing market.
(5/23/2024)
π« Many business owners and executives have been hesitant to touch XRP due to fear of reprisal or losing their job, making this development a big deal.
π° Ripple is building up the xrp blockchain to attract world governments to run their digital currencies on it, which will be a big draw for volume and adoption.
π‘οΈ The fact that governments come out and attack the blockchain of XRP is a sign that they are threatened by it.
ποΈ The government our government is freaking out right now about cryptocurrency.
π° "I own xrp because I believe that you going to see Leaps and Bounds in technology when it comes to Central Bank digital currencies which I can't stand but try and stop it um technology advancements and they're going to that that blockchain I believe is going to win the contracts."
(5/22/2024)
π The ongoing geopolitical shift brought on by the BRICS economic Alliance is putting America's gold Holdings and GDP to shame, signaling a shift in global economic power.
πΌ City group's chief US Economist Andrew Hollenhorst warns of dire implications for the country due to the deterioration of the hiring sector.
π The brics economic Alliance's infrastructure developments hinder International Reliance on the US dollar while promoting local currency use, potentially impacting the global economy.
πΈ Citigroup Bank warns of economic collapse as countries abandon the dollar standard and become net sellers of US treasuries, forming alliances and agreements.
π Citigroup bank issues dire warning of economic collapse, no soft landing, just a crash.
(5/21/2024)
π McDonald's is a barometer for the health of the economy, and it's in serious trouble due to rising wages and food costs.
π° McDonald's is cutting costs by getting rid of self-serve drinks and charging for refills, showing a shift away from the company it used to be.
πΈ The government and central bank are to blame for inflation, leading to job loss and increased dependence on the government system.
π McDonald's CEO admitted that poor and lower middle-class people can no longer afford McDonald's, leading to a shift in food consumption and eating out habits.
π Wall Street is closely monitoring McDonald's as it shows the challenges of a major company in the face of changing consumer preferences and health concerns.
π Lower income customers are pulling back from certain restaurants due to inflation, impacting their dining choices.
π° Coca-Cola and McDonald's are in a financial struggle, with both companies throwing in money to keep people coming in the door.
π The only way to attract customers is by offering better food at a cheaper price, not by introducing new beverages or spin-off chains.
(5/20/2024)
π° Silver is set up to be halted in trading when the price exceeds a certain dollar amount, showing the fear of the powers that be for the price to explode.
π Silver demand in China is driving up prices, with a deficit of worldwide above-ground silver reserves getting smaller and smaller.
π° China is responding to failing fiat currencies by printing as much as they can and buying precious metals, like silver, as a way to protect their wealth.
π The Ninja believes that silver will be the trade of the century, with potential gains that will outweigh what has been seen in Bitcoin markets.
π "I believe that there will be a day when 1 oz of silver will be worth as much as 1 oz of gold, regardless of the gold price."
π I believe that this is going to go exponential someday and to think that right now you could grab it for 35 bucks.
π The COMEX changed the rules to make it harder for people to take physical delivery of silver, similar to what happened with gold in the late 60s and early 70s.
π The Federal Reserve is manipulating interest rates to control the upward momentum of silver and gold.
Even though the world is chaotic, my goal is to give you the tools and resources to find the signal out of all the noise so you can crush it.
Have a great Sunday!
-Ninja Out