Leister
๐ค SpeakerAppearances Over Time
Podcast Appearances
Remember that at some point a while ago, we were talking about the coins and the mint, United States mint, and how they were going to consider certain coins no longer being minted.
We're trying to get rid of the penny.
We're trying to get rid of silver Eagle coins, et cetera.
Behind the scenes of all of that turmoil, the CME group analysis is done and turns out that they are
going to need to essentially do some mass liquidations.
We have to get the books back in order.
We have to get everything back level, back neutral, and that's going to result, people expect, in significant amounts of liquidations over the next couple of months.
They might go on some money printing mission, possibly maybe,
now consider that donald trump president is trying to replace jerome powell as quickly as possible too late pal and he's trying to get somebody in that's going to drop rates get us back because he's trying to allay concerns of the regular public about the financial status and the economic status and the fact that
He says that the market's good and the job market's good and there's no reason we should not drop rates.
I actually agree with him.
I actually agree with the idea that mortgages, the rates are a joke.
I actually just did some shopping.
If you want to do a cash out refi, they're still talking 5, 6%.
That's a joke.
I'm sorry.
If you don't do cash out, you can get as low as four and a half or some odd.
It's still a joke.
I don't feel that mortgages should be more than 3%.
So then I was having a conversation with someone.