Greg Nail

I do not give trading advice, gem collector and lover of gem inclusions. Inclusions Group (See below for link to join.)

[Greg Nail @gregnail]

@KTTECHPRIVATE I’m so sorry, KT. Be strong for your family.

[Greg Nail @gregnail]

@jasmine44556 Sexy eyes

[Greg Nail @gregnail]

@jasmine44556 Spanking

[Greg Nail @gregnail]

@jasmine44556 Both but you have a very pretty smile

[Greg Nail @gregnail]

@jasmine44556 I like the piercings.

[Greg Nail @gregnail]

@jasmine44556 You have a very pretty smile

[Greg Nail @gregnail]

@jasmine44556 You have the most beautiful eyes.

[Greg Nail @gregnail]

@irlskyrne Not too much at all. I like it very much. 🥰

[Jeffrey P. Snider @JeffSnider_EDU]

A rising dollar sounds like strength. It is the opposite. It means dollars are getting scarce.

And here is the part that breaks people's intuition. When money gets scarce, the system does not rush in to provide more. It pulls back harder.

Take Turkey. A bank could make a fortune lending there at high rates. So why doesn't it?

Because the higher the rate Turkey has to pay, the riskier Turkey obviously is. So the more you get paid to lend, the less you want to.

You saw it in the 2019 repo spike. Rates shot up, and instead of piling in for the profit, dealers pulled out. Too much risk even at those rates.

That is backwards elasticity. The less money there is, the less anyone will provide, because everyone turns risk-averse at the same moment.

So the scarcity feeds on itself. And a soaring dollar is the signal that it already is.

[Greg Nail @gregnail]

@Anjacarron1 Congratulations! That’s fantastic. I’m very happy for you.

[Greg Nail @gregnail]

@yaqubyaqub28 Mia, should men do the same thing…marry for money? (It gets very frustrating to see so many beautiful women only marrying for money.)

[Greg Nail @gregnail]

@yaqubyaqub28 Hey Mia

[Jeffrey P. Snider @JeffSnider_EDU]

Oil demand is collapsing. Prices are down. And gasoline is still expensive.

China's oil imports fell 41% in June. Its refineries cut output to a six year low. American gasoline consumption is lower than last year. Europe is weak. China's economy is deteriorating.

Yet US gasoline inventories are at their lowest in over a decade.

The answer is not in the price of oil. It is in the price of turning oil into fuel.

Watch the crack spread, not the crude price. It tells you what the Fed cannot: whether the real economy has enough of what it actually needs.

[Greg Nail @gregnail]

@aisyarajuoc One of my favorite paintings. Starry Night by Vincent Van Goph. Nice choice!

[Greg Nail @gregnail]

@McClellanOsc Wouldn’t that also affect the interest rates on home loans?

[Tom McClellan @McClellanOsc]

It really is possible to get federal taxes so high that it hurts the economy (and the stock market). That threshold seems to be 18% of GDP. Every time it gets there, we have a recession. Sometimes just getting close to 18% is enough.

[ItsMe @ZeroSum53e]

@NorthstarCharts @grok analyze this.

[Greg Nail @gregnail]

@Eiresilver @NorthstarCharts Or maybe the Federal Reserve

[Greg Nail @gregnail]

Will we get a pullback on silver back to $50?

[Northstar @NorthstarCharts]

Silver - Possibly one of the most amazing set ups in my investing lifetime👇

[Greg Nail @gregnail]

@jasmine44556 You are beautiful. But it is your heart that matters most.