During the Great Depression, the average home cost 3x the average income. Today, it costs 8x as much.In the 1930s, the average car cost about 46% of a year’s earnings. Today, they eat up 85% of the annual average wage.Rent, which previously claimed just 16% of yearly income, now demands a staggering 42%.By these metrics and others, the average person is in a worse position than during the Great Depression, the most challenging economic period in the last 100 years.
What is your take?
My answer? Opportunistic investing... including (right now) Bitcoin, Ethereum, Solana, and more
The US Dollar ultimately depends on CONFIDENCE. When you use it as a selective, capricious sanction weapon, you chip away at the biggest global advantage the US has
Whats the value of a Summer dress? It's a function of demand which I guage both by history and by assessing new catalysts. If it's been a hot perennial item, I can take advantage of the plunging seasonal hemline or neckline in the chart knowing it should cycle back to the mean.
Currently we have an attractive entry point in the 4 year halvening cycle as well as a normal "fibonnaci" retracement that is ripe for a rebound relationship to the uptrend.
That's before we even get to who's wearing the dress. This season it's Blackrock, Fidelity and their Wall St friend showing off their new etf accessories. It's a plus sized extravaganza and they will be inhaling hundreds of billions of dollars of demand while wearing tiny beaded belts of supply. An explosion in price is all but guaranteed!
RIC EDELMAN (#1 US ADVISOR!) ON BITCOIN: "Join me as I will cut through the noise with a clear, analytical approach as to why bitcoin will rise to $420,000. This live event is designed to move beyond the passion of crypto enthusiasts by applying basic facts, realistic assumptions, and straightforward arithmetic."
That's almost 7X Your Money From HERE (even better if you do it in an ALTO IRA... see stack. Get Cracking!!!!!!!!)
Prior BTC all time high was 69k in 2021. Adjusted for inflation that is 81k today. Basically by real value we do not yet have a new all time high. That is worth talking about.
Reminder/bonus: Use this special link to access the signup page (It’s special because it will tell them to give you a $50 once you start and fund your account… Free money GOOD!) Start with bitcoin, ethereum ans Solana if you're new and building a base of the best.
Met this author at an Investing seminar recently. Interesting approach. To busy for the book so I'm getting the audio book which is on sale right now (see below):
Special Authors Discount!
70% off Aniversary celebration on our best selling Factor Investing Book! Enjoy
If you want to participate in a pretty epic event, know that it's not too late to make a plan to see the rare, total solar eclipse that will cut a path across a good chunk of the U.S. on Monday.
The moon will pass directly in front of the sun, creating darkness in the afternoon sky for more than four minutes in many places. This one will be even more dramatic than the eclipse in 2017.
Changa keeps trying to tell you, Wall Streat sponsors little beat downs UNTIL it has accumulated enough of an asset, and THEN the markup phase is let loose.
If you want to play like the big boys, buy the dips (ahem, like earlier today!)
It's time to bring back hat-tipping.
You in?
https://youtube.com/shorts/lFHU6bZ_7bI?si=ggdTb3JVYj_1MBJa
Fun Facts (Amaze your Friends!):
During the Great Depression, the average home cost 3x the average income. Today, it costs 8x as much.In the 1930s, the average car cost about 46% of a year’s earnings. Today, they eat up 85% of the annual average wage.Rent, which previously claimed just 16% of yearly income, now demands a staggering 42%.By these metrics and others, the average person is in a worse position than during the Great Depression, the most challenging economic period in the last 100 years.
What is your take?
My answer? Opportunistic investing... including (right now) Bitcoin, Ethereum, Solana, and more
The US Dollar ultimately depends on CONFIDENCE. When you use it as a selective, capricious sanction weapon, you chip away at the biggest global advantage the US has
Watch. https://youtube.com/shorts/FTpVLoFvoOo?si=-atplGjYkjF0-hzu
This is nice, but:
a) at what point and how do you determine the item's actual value?
b) are you saying that all value is a function of demand and/or by buying the item you are actually giving it value?
c) what do you see as the possible or likely trajectories for the value of Bitcoin if the value of paper currency collapses?
Whats the value of a Summer dress? It's a function of demand which I guage both by history and by assessing new catalysts. If it's been a hot perennial item, I can take advantage of the plunging seasonal hemline or neckline in the chart knowing it should cycle back to the mean.
Currently we have an attractive entry point in the 4 year halvening cycle as well as a normal "fibonnaci" retracement that is ripe for a rebound relationship to the uptrend.
That's before we even get to who's wearing the dress. This season it's Blackrock, Fidelity and their Wall St friend showing off their new etf accessories. It's a plus sized extravaganza and they will be inhaling hundreds of billions of dollars of demand while wearing tiny beaded belts of supply. An explosion in price is all but guaranteed!
Welcome to bitcoin fashion week!
RIC EDELMAN (#1 US ADVISOR!) ON BITCOIN: "Join me as I will cut through the noise with a clear, analytical approach as to why bitcoin will rise to $420,000. This live event is designed to move beyond the passion of crypto enthusiasts by applying basic facts, realistic assumptions, and straightforward arithmetic."
That's almost 7X Your Money From HERE (even better if you do it in an ALTO IRA... see stack. Get Cracking!!!!!!!!)
https://dacfp.com/webinar-why-bitcoin-will-rise-to-420000/
5 Pieces of EXCELLENT ADVICE from Mr. Wonderful. Listen and APPLY starting Monday! :) https://youtu.be/-2iAqfLWw5M?si=uNhtbhJkzfylVg9J
Prior BTC all time high was 69k in 2021. Adjusted for inflation that is 81k today. Basically by real value we do not yet have a new all time high. That is worth talking about.
(BTW, this is a good YT channel t follow)
https://www.youtube.com/live/7zQUMi7Flg0?si=GbDbsDY9VtBkw5Zj
For those asking:
Reminder/bonus: Use this special link to access the signup page (It’s special because it will tell them to give you a $50 once you start and fund your account… Free money GOOD!) Start with bitcoin, ethereum ans Solana if you're new and building a base of the best.
https://altoira.grsm.io/37ugsk9upsdx
Charts and Order Flow.
This week's bitcoin action is saying that your target prices are probably way too low.
Listen
https://youtube.com/shorts/5AmXvBN8h08?si=jEf9anA37zN4DqjT
Met this author at an Investing seminar recently. Interesting approach. To busy for the book so I'm getting the audio book which is on sale right now (see below):
Special Authors Discount!
70% off Aniversary celebration on our best selling Factor Investing Book! Enjoy
https://www.audiobooks.com/promotions/promotedBook/655926/factor-investing-for-dummies?refId=128779
If you want to participate in a pretty epic event, know that it's not too late to make a plan to see the rare, total solar eclipse that will cut a path across a good chunk of the U.S. on Monday.
The moon will pass directly in front of the sun, creating darkness in the afternoon sky for more than four minutes in many places. This one will be even more dramatic than the eclipse in 2017.
https://thepointsguy.com/news/eclipse-tips
Changa keeps trying to tell you, Wall Streat sponsors little beat downs UNTIL it has accumulated enough of an asset, and THEN the markup phase is let loose.
If you want to play like the big boys, buy the dips (ahem, like earlier today!)
Because here's what's coming.
Listen to friend of Changa say it way better: https://www.youtube.com/live/KWoLP7gpHQo?si=f7mzLjR8wbgIlyVE