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Silver Price To Go Parabolic?
Gold & Silver Are Back In The News While Real Estate In Florida Is Trending Down In Price...
The Daily Ninja 5/16/24
Updates From The Economic Ninja
(5/16/2024)
πΈ The Iraqi dinar has always been worth two to three times more valuable than the dollar before the invasion of Iraq.
π¦ "It's one of only two currencies in America that I cannot go into a bank and buy..." - The fact that Iraqi dinar and Vietnamese Dong cannot be bought in banks raises suspicion and adds to the controversy surrounding their value.
π The disparity in gold reserves between Iraq and other major economies raises questions about the global economic power dynamics.
π The dollar hegemony is collapsing, leading countries like Iraq to buy gold as a hedge against the weakening dollar.
π In April, the price of an ounce of gold exceeded $2400, the highest level recorded in history, highlighting the increasing value of gold as an investment.
π The push for a One World Currency and government by globalists is seen as a threat by some nations, leading to resistance and defiance.
πΊπΈ The US government not only destroyed the gold standard in the 30s, but also walked away from the gold window and shut it for redemptions in the 70s.
π° The Iraqi Dinar has been the only currency since 2001 or 2002 that has significantly increased in value compared to the US dollar.
(5/15/2024)
π° Big banks are poised to destroy non-bank lenders, impacting the real estate market and mortgage industry.
π° The government's support of big banks puts those with mortgages from non-traditional lenders in a vulnerable position when they can't make payments.
π° Big banks are going to destroy specific lenders, leaving opportunities for others to "scrape up everything else pennies on the dollar."
π Big banks are predicted to cause a financial crisis on the level of the Great Depression.
π People mistakenly think that banks will just roll over and give them their houses, but in reality, the banks are gaining more control and power.
π¦ Fanny and Freddy Mac are investigating non-bank lenders for selling them things and falsifying information, raising concerns about the integrity of the mortgage industry.
π¦ Big banks can take over mortgage servicing rights from lenders who have made risky loans, leading to potential negotiation of assets.
π¦ The government is printing trillions of dollars per year to keep the hidden inflationary collapse at bay.
(5/15/2024)
π They reject the silver price for a reason - the financial elites and mainstream media are afraid to bring up silver's rise because people are afraid.
π€ "I believe that there is a day where an ounce of silver will be worth more than an ounce of gold." - A bold prediction about the future value of silver.
π "Empires fall based off the exact same thing thing. It's actually two things their economy. Falls and their morality."
π° Once silver hits $30 and closes well over $30.20, a whole new cycle is about to start.
π° Less than 1% of the world's population owns any silver, making it a valuable asset to own.
π° The cycle of devaluing fiat currency and creating new ones is a repeating pattern throughout history.
π° Investing in silver coins can be the greatest deal of your life, providing a unique financial education and a sense of ownership.
π The silver price is expected to go exponential, despite fearmongering propaganda about government confiscation of collectible coins.
(5/15/2024)
π Inventory is exploding and interest rates keep going up, leading to a potential downward trend in the State of Florida's real estate.
π The rush to sell homes in Florida is evident as people are looking to offload their properties, impacting the real estate market.
π The size of down payments in Florida dropped 3% on a yearly basis, indicating a rush to buy cheaper homes as prices drop.
π Mortgage rates are now hovering above 7% making borrowing to finance purchase home more expensive which is impacting what people are able to generate in terms of down payments.
π± The Federal Reserve's plan to raise mortgage and interest rates will create a slow economic death for homeowners, and people need to refinance their homes now before the crash.
π People that are diving in right now see a 5-10% 15% drop on a home price as compared to a couple years ago, that ain't nothing.
Be prepared, not scared!
-Ninja Out