Latest / Financial Survival Network / Stock Markets Down - BRICS Up - Dollar Down -- Charles Nenner #5884

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Stock Markets Down - BRICS Up - Dollar Down -- Charles Nenner #5884 · Financial Survival Network

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  Inside information. Nobody tells you. I don't think in the media know this.
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  So there's a lot of going on on the service. So if you
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  try to figure out why we don't have enough context with the why, No,
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  the market knows everything right. You're listening to Carrie Letts's Financial Survival Network,
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  where you get valuable information. You just can't find anywhere else to thrive
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  in today's trying times. You need the Financial Survival Network now more than ever.
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  Go to Financial Survival and Network dot com and get your free newsletter in
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  gift Financial Survival Network now more than ever, and welcome. You aren't listening
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  to watching the Financial Survival Network, I'm your host, Carry Lutts. Hey,
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  we've got Charles Nanner on with us today giving us some insight into where
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  these markets are heading. Highly recommend you go over to Charles Nanner that's n
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  E N n er dot com. Sign up for his trial subscription. Been
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  a subscriber for years. It's something I start in most days. Whenever there's
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  an update whatever I'm doing, Charles, I put everything aside and read it
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  to see what the heck's going on. We're talking pre call AI biggest threat
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  to Wall Street that has ever existed, because basically, what do you need
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  a portfolio manager for? What do you need an analyst for stock broker whatever?
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  You just get yourself an AI bought and they are your portfolio manager.
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  Where do you think this trends heading well? As you maybe remember, I
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  went to this business of the mid eighties f TI finished being a medical doctor.
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  It was only a couple of years and I thought, like the medicine
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  it ever happened. So I developed this intelligence that what are called neural networks,
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  and except the clients, most people didn't take it seriously. And interesting
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  thing is they still don't take it seriously. So I think I'm against up
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  like the thousands of brokers with grace suits and at the shakecases who saying whatever
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  they want and ever the quotes, whatever paper they see, and they just
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  try to suppress the artificial intelligence in financial markets. So I'm fine with that.
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  I just want it surprising that this exists a ready for a long time
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  and also now and it doesn't get to the surface that our computers who can
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  calculate things that we cannot, mostly because they are not emotional. So it's
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  like against It will take still many years because people and I still have clients
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  who say, why you think is going to happen? And it says,
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  I don't deal with what why it's going to happen, I deal with what
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  happened. So so so one example is with a lot of hatch funds that
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  everybody is afraid to the back fun crash, you know, the back found
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  theory says that art situation that we cannot predict, you're going to bring down
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  the market. So they all tried to predict White happens. And I tried
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  to convince them, why don't you deal with me where it happens, who
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  guess why it happens. But there's so much conducent the white happened, they
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  cannot forget why it happened. The old basics what white happened, not when
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  it happens. So it's still early in the game. So but at some
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  point, look, it's just like they played chess. They play that game
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  Go, and they far exceed human capabilities to the point where when you have
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  two computers playing Go against each other, the game becomes unrecognizable. The big
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  guys out there, the big alder players, all of them are they using
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  AI, Well, they use my researchers based on AI and since they very
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  much into results, they really don't care why it happens, what happens,
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  who says what, who does? What? They just want to know doesn't
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  go up, how many days it goes up, how many weeks good up?
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  How I want to percent it goes up, and how much it goes
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  down. But if I may say, the little investor who doesn't really study
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  history of financial markets is still listening to the media, and and I have
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  to say, this is the funny thing of the media, is how did
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  they get in this finance? I was in New York on the vacasion and
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  as a CNBC and CNBC said, well, for I remembered, for its
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  stock goes up, for it goes down all kinds of reasons, and that's
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  strange it can happen. So that's how I started my career. And twenty
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  years later when I was invited a lot of cbcs is how did you get
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  in the business? And I thought it would throw me out, and says,
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  you know what, I was listening to you guys, I think this
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  is donss let me check it. Now you invite me to explain to you
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  what I checked out and so so you're really making sense of things. It's
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  just kind of your nature. And so what tools are available to the average
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  person now that can really help you besides your research, What else can I
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  use to help me outperform the market and stay away from crashes. Well,
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  the first problem is that you will be listening to the media, and like
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  one Buffett said, I never saw a journalist who became a billionaire, you
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  know, otherwise they will all, you know, going to business if they
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  do that. So I had been to television of Bloomberg TV, and all
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  will like these people. But if you know who sits there writes the stories,
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  right that nineteen twenty twenty one one years old old students, Yeah,
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  that just write up a story that says Bloomberg says or you know, whatever
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  says. So, so it's it's kind of a hopeless situation. People want
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  I don't say they want to be fooled, but it's still fooled and they
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  don't feel the being fooled. Yeah. Well, so if I could sum
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  it up, the problem is they're way cons more concerned about why than when.
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  Right, It's like, you don't there's a lot you know, I
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  don't need to understand my car. When I put the key in the ignition
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  and turn it, all I need to know is that it's running and it'll
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  take me where I need to go. As far as something goes wrong or
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  how it works, we'll leave it to the engineers and the mechanics to figure
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  all that stuff out. I just wanted to take me from point A to
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  point B. And so basically the emphasis, the focus of the average investor
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  is completely in the wrong arena. They're trying to figure out why when they
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  should be trying to figure out how much I can make or lose if I'm
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  right, And then they have to illusion. If I say, you know,
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  with the korn goes up a lot is to give an example, this
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  says, well, I don't know about korn. It says, what do
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  you know about golds? You play goals? You know anything about gold?
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  Actually, no one knows anything about gold. You know this, it's built
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  an illusion. But you know, billies of billies on a billion dollars go
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  on every year based on this. Should that they keep going Yeah, yeah,
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  Well that's what makes the world go around, I guess, and cost
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  people a lot of money and a lot of heartache and a lot of grief.
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  So looking at markets ahead stock market, so it performed unbelievably well so
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  far in twenty twenty three, better than most of the so called experts out
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  there we're predicting. But now it looks like we've come to a bump in
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  the road, doesn't it. Well, that is just if you take out
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  what the magnificent seven you know, Yeah, these seven stocks are responsible for
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  like the whole thing, what it was. Yeah, so we're not up
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  that much. We sold the mark. Yeah, the right at our downside
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  I start, which is speak four three, and that's that fifty thousand.
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  We we cover here a little bit of shorts and we've sutside down. If
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  you see a substantial clothes below these lambs so much. Well, so we
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  know there's a days Okay, so we're heading lower there, huh, So
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  it would appear now I want I want to mention something that you probably won't
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  hear. You hear a lot about how we're going to be resh. Yeah,
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  let's come within thirty percent chance of recession sixty three onsens. Okay,
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  So let me let me give you the information m recession thart if there's a
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  birth and guield cer which means it's a two year note against any your note
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  has a higher yield. The recession never starts where the two year years is
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  higher than attenion yield. The recession starts when it's going back to zero above
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  zero. Now that has been true about every recession of the last sixty years.
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  People just don't study it. So right now we're not recession. The
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  two year right still having a higher yield than at ten year it was around
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  dan recession and it has been in hot the cases. So can you says
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  now? But again, well is there anything now? You don't anything better?
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  So let's assume that who tells you that? Because now it's work said,
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  people listen to them. They don't know what it means, but it
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  means this p respicially a pike. Yeah, just insuads then profits at one
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  of So you have tooke attention, but it doesn't help. It's going to
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  be twenty percent, thirty percent, ten percent. So what are you gonna
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  do? Nothing? Yeah, all right, okay, I'll buy it.
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  So the recessions, they decided to throw a recession, but nobody came,
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  h no, But it's not throwing. Don't believe them. They can manipulate
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  all the stuff. Yeah, otherwise bicycle cycle work wouldn't work right. But
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  what we know is again the ten years stuff going to have a high yield
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  that are two years, then you have a recession. Okay, so when
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  that happens, when the yield curve flips, then we know what's the lag
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  time for the recession? Charles between that, well, there's no the length
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  time. It's difficult. You just have to wait. He'll at ten year
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  when to do your work, looking where any yields go, where the two
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  yield is going, and when it reverses, you have to anticipate, but
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  especially if it goes back to zero, you have to be very careful.
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  Now afielder the cycle where we have a decide to keep it, what's going
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  to happen. So that's why we cautious ready in the market, because we
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  have a treatable low. Soon in a few weeks of the thirty year yield
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  and a ten year yield, I think the whole thing is going to reverse.
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  So then we have to pay attention. So does that mean that the
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  dollar is going higher as well? What's what's gonna What's going to be the
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  outcome of the dollar? Old tongue what's that. I'm sorry, but the
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  moment that it's lomatured on size of down at the dollars. So we were
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  out of the dollar, you're out of the dollar. Okay, So how
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  low can the dollar go from where it is now? That I don't I
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  don't have ready in ourn exit conversation. I'll be ready with that. One
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  will follow so many market instead of everything ready in my head. Yeah,
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  it's a dollar said, quite a run over the past ten years. You
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  know, Well maybe, but if you look at the bank power totally collapse.
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  Yeah, well that's a difference. I'm so on talking only relative to
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  other currencies, which you know, they're all on it. We're all on
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  a sinking ship. It doesn't really matter, does it. No, it
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  doesn't matter. Well, sinking ship. And I think the brick situation is
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  going to take over soon. I have very big clients resists of the resilt.
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  Well, yeah, so you think the brick's really going to take resil
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  real has no, they're really gonna take over because that this reality is so
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  strong a reason for Well to postpone because part of the Brick country. So
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  people already investing in the reality getting prepared. Ah, interesting interesting. Yeah,
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  well you know, hey, no currency last forever? Right? No?
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  And then we have the gold situation. What it is? Why is
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  it goal going up? Maybe? Remember like years ago, your country is
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  asked the United States to give them big goal holding right, double range.
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  I heard from baby clients why it is? This is why it is that
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  because they think that the United States is short of gold, they don't have
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  to pull in. The United States continues to push down the prior. Yeah,
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  go holds. You know the bubble their shortened goldn't it doesn't take off.
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  So a lot of things going on, and nobody can tell you.
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  I would would if I would have this bank as client. And I give
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  you one more example. You know the story about credit Swiss, Right,
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  yes, okay, so loads Billy White Swiss closed down and almost went to
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  the bankupsy. The situation was this, they had big clients from the United
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  States and what about they were about to be sued by United States, and
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  it calculated it would be better to close those but it's peace to pay.
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  We had the top billions to the United States, so that's why they closed
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  down. Really inside information that nobody tells you. I don't think if the
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  media know this. So there's a lot going on on the surface. So
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  if you try to figure out why we don't have enough context of the why
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  the market knows everything right now the people that know everything, Yeah, yeah,
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  all right, So we're gonna see gold. What's ahead for gold?
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  It is coming, It is coming. It's disappointed for a lot of people
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  who played on the long side on the short side. But if people every
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  time it goes up to buy and they lose a lot of money and then
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  it get out again. It's coming late in the year, the blue market
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  will start again. Okay, all right, I'll buy that. Any other
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  markets. What about oil and not gas? Well, longer term net gas
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  is going higher again, and but kutos also going higher again. You'll be
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  surprised how high can go again. And the inflation is coming back. Cycles
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  battoped on the inflation and they don't mention it yet. One of these days
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  the inflation that must come out, and everybody is going to be in a
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  crisis because nobody pays attention. And if you look at my cycle work again,
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  what you said is you're gonna have a free twelve. What you forgot
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  to say is it's a free twelve for thirty days, so you get it
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  for free. So it's worth while seeing how these cycles look, even if
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  you don't want to continue with it. Have an idea how the investors look,
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  you know, the knowledgeably investors looking how to approach markets. Yeah,
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  highly recommended, highly highly recommended for sure. So all right, food prices,
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  we soybeans and all that, what do we have to look forward to
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  if inflation is going up, it's going to take them as well? Right,
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  Yeah, it's nothing the small gas prudes, the food prices for next
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  touple of weeks, I exactly. The commodities coord we soybeans on adoptment and
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  got to gotee down. Interesting all right, all right, and any other
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  markets we should be looking at, Well, we're still with the bitcoin cycles.
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  Don't that good? And it's just trading about twenty nine thousand were totally
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  out to go the cycle. If it's all on twenty eight thousands, they
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  have a big down move again and all this expectation of the bitcoin is not
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  is not gonna happen at the moment. But the major I think that ophing
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  is it's like you know, the strays. Yeah, and as stock Mark,
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  it's also especially up stop markets at True Oil. We you know,
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  we do a lot with the USO. That's a stunt that follows the true
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  people who don't want to trade qualities. And we have un g at e
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  E TP that follows natural guests and it goes excellent. All right, So
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  wait, wait away. If I mentioned i'm a bit, I'm a bit
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  out of a track record. If you go to a website, you see
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  a track record and you'll be astonished how what that looks like? Track record?
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  Yeah, I know you've got quite the track record for sure. So
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  all right, so we want to be very cautious about the market, and
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  we want to really be looking at at this bricks currency where it's going to
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  head. A question about China, I mean, I know it's in the
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  news a lot. They're flooding and buildings collapsing right and left. You get
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  what are your charts telling me about China? The funny thing is China looks
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  more deflationary than inflationary, and some of the big clients at the heab over
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  there, they think it's it starts to be a big mess. It's getting
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  out of control, so meltdown. I mean, I know the real estate
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  I remember like five years ago you said, Kerry, go buy small apartments,
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  vacation apartments, rent them out condas vacation homes. You still think that's
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  a good a good thing to do. No, because they said two bushes
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  that work with me. They started selling them already a while ago. The
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  site it's still holding for another seven eight months. But then you really have
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  to be out. Yeah, all right, so housing housing is going to
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  take a hit as well. Huh yeah. But the good thing is now
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  if you sell, you know, you can get two year no to five
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  percent, so you can san of I'm getting the rentals to two of you
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  to even a five you know, maybe four of so you get paid to
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  wait. So and then that's a nice yeah, and then you jump back
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  in. All right, Well, go over to Charles Nanner dot com get
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  your thirty day free trial. You will be really happy you did. Charles
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  always appreciate you coming on sharing your wisdom with us. You've got a question
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  for Charles myself. The email addresses k l at Kerry LUTs dot com.
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  The link to Charles's site in the show notes this interview on Financial Survival Network
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  dot com. While you're there, sign up for your free newsletter Charles,
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  we'll talk to you again real soon. Thanks so much. Welcome, byebye,
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  thanks for listening to carry Let's Financial Survival Network, your solution to today's
• 17:51
  trying times. For the latest, go to Financial Survival Network dot com.
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  Financial Survival Network now more and ever