The Daily Ninja 5/16/24
Updates From The Economic Ninja
(5/16/2024)
💸 The Iraqi dinar has always been worth two to three times more valuable than the dollar before the invasion of Iraq.
🏦 "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.
🌍 The disparity in gold reserves between Iraq and other major economies raises questions about the global economic power dynamics.
🌍 The dollar hegemony is collapsing, leading countries like Iraq to buy gold as a hedge against the weakening dollar.
📈 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.
🌍 The push for a One World Currency and government by globalists is seen as a threat by some nations, leading to resistance and defiance.
🇺🇸 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.
💰 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)
💰 Big banks are poised to destroy non-bank lenders, impacting the real estate market and mortgage industry.
💰 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.
💰 Big banks are going to destroy specific lenders, leaving opportunities for others to "scrape up everything else pennies on the dollar."
📉 Big banks are predicted to cause a financial crisis on the level of the Great Depression.
🏠 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.
🏦 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.
🏦 Big banks can take over mortgage servicing rights from lenders who have made risky loans, leading to potential negotiation of assets.
🏦 The government is printing trillions of dollars per year to keep the hidden inflationary collapse at bay.
(5/15/2024)
📉 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.
🤔 "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.
📉 "Empires fall based off the exact same thing thing. It's actually two things their economy. Falls and their morality."
💰 Once silver hits $30 and closes well over $30.20, a whole new cycle is about to start.
💰 Less than 1% of the world's population owns any silver, making it a valuable asset to own.
💰 The cycle of devaluing fiat currency and creating new ones is a repeating pattern throughout history.
💰 Investing in silver coins can be the greatest deal of your life, providing a unique financial education and a sense of ownership.
📈 The silver price is expected to go exponential, despite fearmongering propaganda about government confiscation of collectible coins.
(5/15/2024)
📈 Inventory is exploding and interest rates keep going up, leading to a potential downward trend in the State of Florida's real estate.
📉 The rush to sell homes in Florida is evident as people are looking to offload their properties, impacting the real estate market.
📉 The size of down payments in Florida dropped 3% on a yearly basis, indicating a rush to buy cheaper homes as prices drop.
📉 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.
😱 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.
🏠 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



