Is the stock market going to tank?

[singlesline]

If and when the tide turns for global assets to outperform it could be decades long. I have an all asset fund that allocates to the space in debt and equity.

Just look at Chinese treasury bonds in the last year.

I did some more research and it looks like a large share of the US index funds explicitly exclude foreign-headquartered (other than tax-haven) companies, even if they trade actual share on US markets.

So my premise above was kinda wrong. US markets are still capturing globalization and M&A on the part of US conglomerates, but they aren't capturing compaies with ADRs or companies like Taro Pharmaceuticals (Israeli company with primary stock on the NYSE). If Novo Nordisk finds the cure for cancer or Germany spawns the next big AI player, that could tilt the value proposition quickly.

So I guess I'll continue to maintain my international exposure.

[byates1]

https://youtu.be/OXfNQiVNBs4?si=cpgv74MsNO9VkhZu

The great taking. 2 min trailer.

What this guy is saying is 30/40 yrs ago the federal reserve rewrote the rules so if a too big to fail event occurs, all 401ks/ stocks/mbs's etc will and can be used. So all your assets are forfeited.

Interesting if true. Dude might have to mysteriously/unexplainably hang himself. Conspiracy? Fringe bs?

You will own nothing and be happy.

[byates1]

[skaredshtles]

If it sounds too dumb to be true, it probably is.

[m2711c]

Occam's razor…


fact.

[byates1]

If it sounds too dumb to be true, it probably is.

It's written into the fed operations manual supposedly.

[J. Barron DeJong]

[JimmyCarter]

It's written into the fed operations manual supposedly.

That guy has no idea what the GRA actually is and how it gets utilized.

It’s an account for recognizing gains and losses in gold holdings. To “revalue” the gold (and eliminate the GRA) they have to execute a market transaction to sell and then buy all the gold back at market prices, basically resetting the cost basis of the gold on the balance sheet.

It’s not the Fed being able to say “our gold is worth $100,000 an oz now, our debts are gone!”, it’s just a way of turning an unrealized gain into a realized gain. And once that’s done, any downward movement in the gold price could tank the central bank’s equity holdings, so they don’t actually want to do that.

[byates1]

https://youtu.be/1GHXe0PbNG4?si=KwHl2YTQ4ARUVDes

Author explaining it in first 10 min. I'm not saying it's true but interesting..

[J. Barron DeJong]

https://youtu.be/1GHXe0PbNG4?si=KwHl2YTQ4ARUVDes

Author explaining it in first 10 min. I'm not saying it's true but interesting..

‘The Lord of the Rings’ movies were also interesting. Doesn’t make them true. But, hey, whatever keeps you jonesing for Bitcoin.

[skaredshtles]

[byates1]

‘The Lord of the Rings’ movies were also interesting. Doesn’t make them true. But, hey, whatever keeps you jonesing for Bitcoin.

Hey fuckstain, I never said anything was true. Dude seems to know his shit and was a hedge fund guy etc.

Why don't you do absolutely no research and fire off your opinion.

I'm not jonesing for BTC. I have plenty.

[J. Barron DeJong]

Hey fuckstain, I never said anything was true. Dude seems to know his shit and was a hedge fund guy etc.

Why don't you do absolutely no research and fire off your opinion.

I'm not jonesing for BTC. I have plenty.

i’M jUsT aSkInG QuEsTiOnS.

Maybe DYOR (using credible sources) before posting bullshit conspiracies.

[byates1]

So everything his book is cited. I haven't looked up every citation. Why don't you look up a few before calling it bs conspiracy.

One thing you do actually own jong is your username. Great job toolbox.

[byates1]

https://thegreattaking.com/read-online-or-download

Free 99 page read w citation.

Who cares either way. I'm going bowling

[highangle]

You bought his book bro? You must have big plans for after this!

[byates1]

Too dumb to realize it's a free online read huh?

[J. Barron DeJong]

So everything his book is cited. I haven't looked up every citation. Why don't you look up a few before calling it bs conspiracy.

One thing you do actually own jong is your username. Great job toolbox.

Did you look up any citation though?

No citation references the Fed directly.

The book doesn’t contain the word 401(k), ira, retirement, (Fed operation) manual, etc.

So maybe you can point us all to the section of the book where it says the Fed has a plan to steal all our retirement money, and then the citation that backs up that claim.

[byates1]

Page 69-98. Appendix .Full transcript of NY fed giving detailed answer. Quick free read.

[J. Barron DeJong]

Doesn’t sound conspiratorial at all…

[J. Barron DeJong]

OK, it seems to be saying that if a clearing house fails, then any stock held at that clearing house could be used to pay of their outstanding debts.

The mistake is that the clearing house only holds the securities for a day, or less. So ,yes, if your trade happens to get caught up on the bad day maybe you’re going to suffer a loss. But for that to happen a several other backstops would have had to been passed as well.

But in no way are your retirement savings at risk of being stolen to pay of those debts.

[byates1]

If that gets you to sleep at night. You think he's making the case for one day clearing house trades? He seems to be making the case that the legal description of property in reference to securities has been rewritten.

[byates1]

I'm not saying he's correct, but any game is rigged. He's just pointing out the fine print.

[byates1]

If you hold your assets w chase, or Goldman etc, and they become insolvent, your portfolio is part of their holdings, and can be used to first right their ship. So they are theirs first, before they are yours.

So let's hope they remain solvent.

[J. Barron DeJong]

If you hold your assets w chase, or Goldman etc, and they become insolvent, your portfolio is part of their holdings, and can be used to first right their ship. So they are theirs first, before they are yours.

So let's hope they remain solvent.

That’s not what the law says. It’s not what the Fed described. At all.

The guy isn’t ‘reading the fine print’, he’s either misinterpreting or lying.