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Recapping the continued crazy markets this week

Cory
March 27, 2020

Chris Temple wraps up the editorials for this week by recapping the moves and his overall strategy. There is still a lot of uncertainty in the world and Chris thinks we could be in for some more bad news.

Click here to visit Chris’s site.

Discussion
40 Comments
    cfs
    Mar 27, 2020 27:47 PM

    We need a revolution.
    Limits on spending.
    Term limits on Congress-critters.

      Mar 27, 2020 27:50 PM

      Do not forget the big ONE>>>>>>>END THE FAKE FED……..if, you do nothing else…

      Mar 27, 2020 27:06 PM

      This stimulus should go straight to the people rather than being funneled through banks and corporations like this bill is doing. 2 trillion divided by 150 million workers is about $13,333.00 per person. That’s much more than the $1,200 per person check authorized by this bill.
      I did some rounding early this morning…..some people are catching on….

    Mar 27, 2020 27:09 PM
      Mar 27, 2020 27:48 PM

      Hi Jerry:
      I am on the final chapter of “The Secrets of The Federal Reserve” by Eustace Mullins.
      Even if we were to end the Fed, who is sophisticated enough with a comprehensive understanding of “High Finance” other than the people running the system now?
      Congress?? Good luck with that.

        Mar 27, 2020 27:58 PM

        John, the system would go away along with the Federal Reserve and should be replaced with nothing but the free market. The price of capital (interest rates) should be set by market forces just like the price of everything else.

          Mar 27, 2020 27:05 PM

          That sounds good Mathew on the surface, but there is no such thing as a free market and there is never going to be in our lifetimes.
          Face it, the system is broke and it’s been broke for a long time.

            Mar 27, 2020 27:34 PM

            The system did exactly what the elite wanted it to all along. It beautifully transferred the wealth of the nation right into their pockets and, more importantly, control. I faced that fact a long time ago but it has nothing to do with my point which was this: we don’t need “sophisticated” new people running the show if the Fed goes away. The free market is vastly superior to the most sophisticated of men. The free market doesn’t sound good on the surface, it IS good. That’s why neither the elite nor the masses would ever allow it. Most don’t seem to realize that it’s not just the elite that are corrupt.

            Mar 27, 2020 27:49 PM

            Ditto Matthew……….

            Mar 27, 2020 27:00 PM

            No Jerry, your making it sound way to simple.
            We live in an interconnected world and your not going to change that. The only thing constant is change.We both know that sound money was and is the only answer. I call it the money of the Bible. The only thing that can save this financial system if people re-establish their connection to the creator.

            Mar 27, 2020 27:09 PM

            John……I am not going to argue that point, because you are spot on concerning the LORD.
            But, let us not forget, money is an issue the creator, brings up many times…
            and DEBT is one of them….
            The jewish know about the Jubilee,…..and its importance in clearing the people from bondage both short term 7 yrs and 50 yrs…
            We could spend hours talking about usury , which the FED FRAUDS BANKS are charging, well in excess of any body’s ability to pay….in their life time…

        Mar 27, 2020 27:18 PM

        John, ….you do understand the fiat is created out of thin air…..key strokes on a computer, ….ever seen the show by Mike Maloney……Part 4….
        https://www.youtube.com/watch?v=iFDe5kUUyT0

          Mar 27, 2020 27:21 PM

          Get a handle on the above show……and you will see what A JOKE THE FED IS….and has been….Rothchilds have been playing this trick since 1700s

            Mar 27, 2020 27:28 PM

            Ok Jerry, tell me what it looks like after you get rid of the FED.
            What Jerry, you don’t think that I haven’t already seen all of Mikes Videos?
            Do you reall think that I’m that frickin stupid that I tried reading dumb for dummies and couldn’t even make it through the index?

            Mar 27, 2020 27:32 PM

            John…….Never meant to indicate that you are stupid…..I do not know what you know and do not know….

            Mar 27, 2020 27:35 PM

            What it looks like is no Fed, period. No replacement is necessary.

            Mar 27, 2020 27:36 PM

            Ok Jerry.Now tell me what it looks like with the Fed Gone.

            Mar 27, 2020 27:37 PM

            I must have missed the point of your question, so, I will try it again….
            YOU ASK….who is sophisticated enough with a comprehensive understanding of “High Finance” other than the people running the system now?
            Financing is not rocket science…..
            Anyone with an understanding of money basics……is smart enough to run a balance budget…They do it every year in INDIANA..

            Mar 27, 2020 27:39 PM

            And World finance magically gets on board and were all drinking the free bubble up and eating the Rainbow stew.
            https://www.youtube.com/watch?v=yRDOrCFIY4c

            Mar 27, 2020 27:40 PM

            John……..they have ran the govt of the United States several times…..with out FED, which is call a central bank…..the FED fake name was created as prank in 1913, …on Jekell Island.

            Mar 27, 2020 27:46 PM

            What does it look like Jerry? How are you going to put the Jeanie back in the bottle?

            Mar 27, 2020 27:54 PM

            John……..Sound money……is a gold standard…..if, you do not have the gold in the vault,you can not print money., ……If, you are going to be a currency collect, go and look up some gold notes……and silver certificates….. What does it say on those certificates ?
            You are making this way to difficult…….

            Mar 27, 2020 27:57 PM
            Mar 27, 2020 27:00 PM

            The bill does not say….anything about the full faith of the govt…….

            Mar 27, 2020 27:01 PM

            The bill does not say….anything about the full faith of the govt……. LIkE a FEDERAL RESERVE NOTE>….

            Mar 27, 2020 27:01 PM

            On March 27, 2020 at 7:00 pm,
            John Kruschke says:
            No Jerry, your making it sound way to simple.
            We live in an interconnected world and your not going to change that. The only thing constant is change.We both know that sound money was and is the only answer. I call it the money of the Bible. The only thing that can save this financial system if people re-establish their connection to the creator.

          Mar 27, 2020 27:08 PM

          I like that 20 dollar note.
          When I get my 1200.00 ck< I'm going to collect some more "Real Money"
          Peace Jerry.Just trying to keep it "REAL"

            Mar 27, 2020 27:10 PM

            John…..I love the discussion and really some good point……appreciate the conversation, and thoughts……IRON SHARPING IRON……

    Mar 27, 2020 27:11 PM

    John……..
    Under the constitution……the founders were smart enough to eliminate the need for a central bank……..being able to coin its on coinage…not debt fiat.
    The process is not that complicated….on a balanced budget…….the only time , in the past that was necessary to raise or go into debt , was war…..That is another reason the founder were smart enough to , state , and make comments , concerning foreign entanglements..
    I most funds were raised by war bonds.
    Through the history of the United States…….Central banks have been tried and abolished.
    .

      Mar 27, 2020 27:14 PM

      Andrew Jackson did it in 1837…….Lincoln tried 1862……..Washington did it with his silverware…..

      Mar 27, 2020 27:23 PM

      I ordered a first edition copy of Edward Houses book to commemorate the day.
      The Federal Reserve and the London connection.

        Mar 27, 2020 27:25 PM

        Make sure you listen to Mike Maloney…..above…..

    Mar 27, 2020 27:17 PM

    Legendary Quant investor Jim Simons Hedge fund has produced 66% returns annualy since 1988. This is the age age of the machines and A.I
    No matter what you do, there is always going to be a Jim Simons. I will add he was one of Hillarys biggest supporter and his CEO was President Trumps largest contributor. No Sheldon Adelson wasn’t Trumps largest financial contributor.

      Mar 27, 2020 27:23 PM

      That is one of the reasons , election reform, needs to be enacted, along with TERM LIMITS

    cfs
    Mar 27, 2020 27:04 PM
    Mar 28, 2020 28:15 AM

    Chris: Thanks for hammering folk’s minds of the fact that there isn’t anyplace to put 20,000,000 barrels of oil a day that isn’t needed. This is a bit different than the dairy industry which could dump their milk in a gutter. Oil must be kept where it was created, beyond the tank farms, tankers and pipelines which are full! It has to affect price in the manner you suggest. There will be those who say though, “who kuda thunk it”? The first might be the golden savior in DC.