Jesse Colombo Profile picture
Director of Marketing, North America for @BullionStar. Forbes contributor. Recognized by the London Times for predicting the Global Financial Crisis.
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Mar 4 7 tweets 4 min read
In case you missed it this weekend, please check out my latest report -

"What You Need to Know About Gold's Long-Term Bull Market":



$PHYS $GLDbullionstar.us/blogs/bullions…U.S. dollar purchasing power chart Did you know that the U.S. dollar lost roughly 50% of its purchasing power since the year 2000?!

That's why everything is so expensive now including housing, groceries, college tuition, healthcare, day care, automobiles, etc.

Mar 2 4 tweets 2 min read
On Friday, gold closed at an all-time high of $2,083.18!

In honor of that, please read my new detailed report -

"Evidence and Insights About Gold's Long-Term Uptrend":



$GLD $XAUUSDbullionstar.us/blogs/bullions…Chart of gold's long-term uptrend Since the early-2000s, gold has been in a confirmed uptrend according to the most widely accepted tenets of technical analysis.

Gold has been making higher highs & higher lows while climbing up a long-term uptrend line.

Gold will remain in an uptrend as long as it stays above that uptrend line.gold uptrend chart
Jan 24, 2022 4 tweets 2 min read
The current market rout is completely rational. It was the run-up that was irrational.

Many people (cocky, new traders) are learning their lesson right now and that's a good thing. That's justice.

Ignorance should not be rewarded, yet that's what the Fed did.

$ARKK $QQQ Image When central banks run financial toxic waste (most crypto, SPACs, tech stocks, etc.) up to the moon, ignorance gets rewarded & we collectively become more ignorant.

When that toxic waste crashes, we collectively become wiser. It needs to happen.

Jan 20, 2022 7 tweets 3 min read
Here's a look at Canada's absolutely insane housing bubble: wolfstreet.com/2022/01/19/mos… by @wolfofwolfst $EWC #VanRE The spurious global economic boom since 2009 is largely based on bubbles like this. It's happening virtually everywhere at this point.

Asset bubbles create a wealth effect, lending and construction booms, and new jobs. Unfortunately, it's a mirage.

Jan 8, 2022 7 tweets 2 min read
Hello, everyone - it's a new year and I'm coming back from a long break.

I hope that you are all doing well and that 2022 is a year of peace, harmony, stability, and recovery for all of us.

2021 was a very dark year for me and I logged off social media in utter disgust... As someone who is deeply concerned about the direction that the world is heading (in terms of economic stability, liberty, freedom, culture, etc.), the past year was just too much to bear.

I sunk into a deep state of despair and basically gave up on humanity and the future.
Feb 25, 2021 6 tweets 2 min read
re: the latest market jitters, here's what is happening in a nutshell:

Asset prices & total debt have become far too inflated and require ever-increasing amounts of monetary stimulus to prop it all up.

$SPY $QQQ As with heroin addiction, the economy builds up a tolerance to stimulus and requires more and more to prevent "dope sickness."

Of course, the central banks WILL give in and pump more stimulus.

But, ultimately, it will kill the addict.

Feb 18, 2021 5 tweets 2 min read
I’m literally dipping into my famous canned ham and ramen because the roads are still icy and I just don’t feel like venturing out.

See, it’s coming in handy! 😂 Here’s the backstory for those who don’t know:
Feb 18, 2021 7 tweets 2 min read
My thoughts on Bitcoin breaking above $50k: there’s virtually no limit to how high it can go.

Once you’re in uncharted territory like this and euphoria is fueling it, expect to see some wonky things.

I don’t think it’s a good idea for everyday people to chase it at this point. Bitcoin has long been on my list of favorite alternative investments, but I’ve never been a fanatic like much of the HODLer community.

I rarely develop a religious fervor for things aside from basic principles like liberty, free markets, etc.

Feb 17, 2021 5 tweets 2 min read
It’s still on-off-on-off. I’m becoming really irritated with this whole situation.

This electricity crisis and extreme weather is the 2021 continuation/version of the coronavirus pandemic shutdowns and chaos of one year ago.

Society is breaking down.

People laugh at me for being a prepper.

Well, I have so many damn good reasons for being one and this weather/electricity crisis is more vindication.

Supermarkets across Texas are being cleaned out once again!

Feb 16, 2021 5 tweets 2 min read
MicroStrategy to borrow $600 million to buy more bitcoin: reuters.com/article/crypto… by @ReutersNoor $BTC $ETH $MSTR Borrowing to buy Bitcoin...that doesn’t sound risky at all!

That’s where we are in the cycle...

Feb 9, 2021 4 tweets 2 min read
Is This The Biggest Financial Bubble Ever? Hell, Yes, It Is: dollarcollapse.com/biggest-financ… @dollarcollapse $SPY $QQQ Fund Manager Mark Yusko: US stocks are in a bubble - "Look at the parabolic moves by a number of companies like Tesla": cnn.com/2021/02/08/inv… @MarkYusko @MattEganCNN $TSLA $QQQ
Feb 8, 2021 9 tweets 3 min read
Why are the markets going ballistic? Why is Bitcoin soaring? What explains the rise of the Robinhood traders?

The answer is the incredible amount of new liquidity looking for a home -> To understand the implications of rampant money printing (see chart above) and the speculative manias & false booms that it unleashes, I implore you to read this excellent free ebook, "Dying of Money: Lessons of the Great German & American Inflations":

recision.files.wordpress.com/2010/12/jens-p…
Feb 7, 2021 10 tweets 3 min read
Let's have a discussion: I have genuine questions & concerns about Bitcoin & cryptos as a store of value.

First off, I've believed in owning Bitcoin as a diversifier since it was a few hundred dollars per coin - 1/100th of today's price:



$BTC $ETH $DOGE Next, I've always believed in owning gold & silver.

I believe Bitcoin is a good addition to a portfolio of hard assets/alternative assets given my concerns in today's monetary environment.

There's no reason for them to be mutually exclusive ->

Feb 7, 2021 5 tweets 2 min read
Global debt has soared to a record high.

The only reason why we're not in a full-blown global depression right now is because governments have binged even further on debt.

Don't be fooled by the soaring stock market; this is an extremely artificial environment.

$TLT $IEF Don't be fooled or impressed by our soaring stock market.

Instead of a sign of health, this is a sign of an extremely unhealthy artificial economy.

Remember, Venezuela's stock market soared as people were starving.
Feb 7, 2021 5 tweets 3 min read
Charles Hugh Smith: The Top 10% Is Doing Just Fine, While The Middle Class Is Dying on the Vine: charleshughsmith.blogspot.com/2021/02/the-to… @chsm1th That piece contains an excellent chart of U.S. private sector financial assets as a % of GDP.

This is another way of visualizing the household wealth bubble that I've discussed so much.

Financial assets have become incredibly inflated due to ultra-low interest rates & QE.
Feb 6, 2021 9 tweets 4 min read
I know this story first circulated a few days ago, but I want to point something interesting out (see thread)-

"Alex Rodriguez' SPAC Files For $500 Million IPO":

zerohedge.com/markets/alex-r… Notice the vague description of the potential business activities that A-Rod's "Slam" intends to pursue (see below).

I highly doubt that they've developed business plans for all those pursuits.

Who needs that when investors are just throwing you money?!
Feb 6, 2021 4 tweets 2 min read
In case you missed it, here's a thread about how I warned about the Texas/Houston energy bust a couple years ago, but it wasn't exactly well-received:

I approached the Houston Chronicle in 2018 because I wanted to write an editorial about the upcoming energy bust that I was warning about.

It was met with a resounding "meh." That's so typical of my experience in media, which is why I almost gave up.

Feb 6, 2021 4 tweets 2 min read
U.S. margin debt is growing at the fastest pace on record - even faster than during the dot-com & housing bubbles.

This is another sentiment indicator that is worrisome from a contrarian perspective.

@SoberLook $SPY $QQQ Also see:

Feb 5, 2021 4 tweets 3 min read
A Bigger Risk Than GameStop? Beware the Ponzi Scheme Next Door: nytimes.com/2021/02/05/you…

"Experts have seen an increase in the frauds, many of which are preying on investors who feel they lost out on the market gains of the last few years."

by @sullivanpaul Also see -

"The 24-year-old founder of Virgil Capital, which ran two cryptocurrency hedge funds, admitted to duping investors out of almost $100 million and using the money to support a lavish lifestyle."

bloomberg.com/news/articles/…

by @ChrisDolmetsch
Feb 5, 2021 8 tweets 3 min read
Office Glut Comes to Houston, Texas With Oil Bust Leaving Towers Empty: bloombergquint.com/business/offic… by @johngitt $SLB $HAL Image Houston ended last year with a 24% office-vacancy rate, the highest of any major U.S. city. After years of construction to accommodate an oil boom that’s now gone bust, buildings are sitting empty, values are plunging and mortgage defaults are piling up.

Feb 4, 2021 7 tweets 2 min read
I believe we're at "peak trading," right before the game basically shuts down.

The irony is that there is a tremendous surge of interest in trading.

I've never seen so many new "traders" (gamblers, really) in my life. The community has exploded.

The overwhelming majority of new "traders" or "investors" in crypto or stocks are actually gamblers, they just don't realize it.

Just because you are trading financial assets instead of playing slot machines or card games, it doesn't mean that you're not gambling.