Got Silver?

Silver & Gold Looking Bullish While Banks And Real Estate, Not So Much...

The Daily Ninja 5/21/24

Updates From The Economic Ninja

(5/21/2024)

(5/20/2024)

  • ๐Ÿ’ฐ 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.

  • ๐Ÿ“ˆ Silver demand in China is driving up prices, with a deficit of worldwide above-ground silver reserves getting smaller and smaller.

  • ๐Ÿ’ฐ 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.

  • ๐Ÿ“ˆ 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.

  • ๐Ÿ’ญ "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."

  • ๐Ÿ“ˆ I believe that this is going to go exponential someday and to think that right now you could grab it for 35 bucks.

  • ๐Ÿ“ˆ 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.

  • ๐Ÿ“ˆ The Federal Reserve is manipulating interest rates to control the upward momentum of silver and gold.

(5/20/2024)

  • ๐Ÿฆˆ Influential figures like Barbara Corcoran are examples of how skewed the real estate market is and why the truth is being hidden.

  • ๐Ÿ“ˆ Despite high mortgage rates, waiting for interest rates to drop might actually cause home prices to go even higher.

  • ๐ŸŒŠ There are waves in the real estate market, some of them pretty big, and we're currently going through one larger than the great financial crisis.

  • ๐Ÿ“บ Celebrity endorsements in real estate, like Barbara Corcoran, may not always reflect the true state of the market, as seen during the great financial crisis.

  • ๐Ÿ’ฐ The real estate market is full of deceitful practices, but there's also a lot of money to be made if you know how to crush it.

  • ๐Ÿ’ก Real estate investor offers a course on real estate cycles, claiming to teach people how to make money buying or selling in any cycle and maximize profits.

  • ๐Ÿ“‰ "You're not being told the truth. You just go right onto the St Louis Fred and type in median home price chart."

  • ๐Ÿ“ˆ The real estate market's future growth is uncertain and lacks solid reasoning, creating potential risks for investors.

(5/20/2024)

  • ๐Ÿ“ˆ Gold can indicate the direction of the real estate market, making it a crucial indicator for investors.

  • ๐Ÿ’ฐ They are watching their gold go up and the real estate numbers go down and this is exciting.

  • ๐Ÿ’ฐ Michael Bur and John Paulson hit the jackpot when they called the housing crash, and now they're betting on gold.

  • ๐Ÿ’ฐ Michael Burry, of The Big Short Fame, purchased about 441,000 units of physical gold trust, making it Scion's fifth largest position with a 7.4% waiting in the firm's 103 million.

  • ๐Ÿ“‰ Bur and Paulson both bet against high-flying stocks and made profitable predictions, showing their ability to navigate market trends.

  • ๐Ÿ’ฐ The prediction of stubborn inflation forcing the Federal Reserve to hike interest rates and investors to dump cash for gold is a bold and controversial prediction.

  • ๐Ÿ“ˆ Gold price may drop at the beginning of a rate increase, but it could ultimately trade back up as traders realize the situation is unsustainable.

  • ๐Ÿ’ฐ "This is going to happen at the same time that real estate comes tanking down and so what you're going to see the trade of the century."

(5/20/2024)

  • ๐Ÿ“‰ Home builder confidence falling more and more over the last year and a half.

  • ๐Ÿ“‰ Homebuilder confidence plunges six points in May, suggesting unfavorable conditions for building in higher interest rate environment.

  • ๐Ÿ“‰ 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.

  • ๐Ÿก Homebuilders are artificially inflating the housing market by putting "sold" signs on unsold houses and adding a sense of urgency.

  • ๐Ÿ  Homebuilders are having a very hard time selling homes due to overbuilding and high mortgage rates.

Exciting week ahead for real estate! Stay tuned for updates.

-Ninja Out

If You Want Help Getting Out Of Debt, Learning Crypto & Buying A Houseโ€ฆ Check Out My Courses Belowโ€ฆ