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"China's economic might is driving fear in Americans,"
"The bank collapses were bound to happen. I've been saying if the Fed kept up their rate-hike cycle, something would break and it did," says Frank Giustra, CEO of the Fiore Group. "There are more collapses to come. We are seeing the beginnings of a great unraveling," he tells Daniela Cambone at the 2023 Swiss Mining Institute conference.
watch here:
https://youtu.be/JwlcInBrqog
-------------------------------->>>>
not my thesis but I do respect Mr Giustra and his investing success - si it's worth a watch as it's always important to understand all sides of a debate
:-) Donald ,of course it is important to understand ,if you can .All sides , and comprehend .
And here we go again, lol, more and more doomsayers pop out of the woodwork like Sotolo’s experts the others week on the gold imminent drop- of course, at some point the doomsayers will be right but stay invested in over the past 30years or so and you’ve had smashed all the doomsayers out of the park - they are click bait city lol-
I recall only recently when the s&p dropped to almost 3,500 towards end of last the voices were so loud on drop further is obvious lol, when the pound went from ~1.12 to ~1.035 toward end of last year soooo many experts were saying further to go, and were so wrong. And if it crashed from 1.12 to 1.035 where was the press report “pound has rocketed”…. doom also makes better headlines-
The doomsayers NEVER say, “apologies, I got it wrong, again and again again and again and again, so pleased you didn’t follow my advice and go short as you’d have lost a fortune, again and again and again and again and again, but don’t worry or be jealous of those who ignored my advice, your time is coming”- shame, as at some point they will be right, but their followers will have lost all their assets by then and have nothing to invest to take advantage lol. The doomsayers themselves will be fine though, they make loads out of click bait and never actually follow their own advice, but they invest instead lol
On a final note, the quantity of people popping up on all sides of the prediction equation will go up exponentially with the advent of AI- they will be auto-created in an instant with fake backgrounds for people to click on- those that are wrong will auto-delete and those that are right will remain and gain more clicks and vanish when wrong - the repeat and so on…. as always best and only way is work out and adapt you data points and markers and adjust and watch the live data …
About 75% of day traders lose money and about 75% use charts… spot the connection? Lol
81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 24 Jan 2023
CFDs, Futures and Foreign Exchange trading is high risk, trading on leverage means that any profits are magnified relative to your margin, this also works the other way and losses can quickly spiral out of control if not correctly mitigated. It is important that clients have a good understanding of leverage and how the margin account works, and have experience of trading the markets.
https://www.contracts-for-difference.com/Margin-trading-risky.html
https://skilling.com/eu/en/blog/trading-articles/the-risks-and-rewards-of-trading-cfd/
https://www.linkedin.com/pulse/cfd-trading-77-people-lose-money-hemant-thapa
Yep 100% agree Mr T- new app platforms have made this a new gambling past time...
Assad of syria and El Sisi today signed accord to re open embassies , closed by Morsi in 2013. UAE , Turkey ,and have done the same,with the
Saudis close to it.
More security for the middle east.
In short ,a changing world.