Money: gold, oil, stocks down, dollar up

Frank Mottek 7/5/22; Charlie Munger; Sheldon S., Seth Auberon, Ashley Wells, Wisdom Quarterly

Pres. Biden and the Fed are doing this.

There is one disputed Voice of Business News in Southern California, and his name is Frank Mottek. He brings 30+ years of covering news with a focus on business and money to 790 AM KABC, weekdays on the drive home. As host of "Mottek on Money" daily 6:00-7:00 pm, he talks to the biggest names in the news and biggest personalities steering business, all to give listeners insights they need for financial health and success. Southern Californians trust him, and Mottek on Money is listened to as a high return-on-investment activity to get if not smarter at least wealthier. Mottek On Money | KABC-AM

What's coming? WARNING

(FREENVESTING) Chucky Munger warns investors of what’s ahead for the markets -- trouble that could be worse and harder to fix than what was experienced during Volcker’s era, which ended up with a huge recession.

Hey, kids, rise up and overthrow the bank.

Being a vice chairman of Berkshire Hathaway and the closest partner (right hand man) of Warren "The Oracle of Omaha" Buffett, Charles T. Munger has a [known] net worth of around $2 billion. He is a profoundly wise businessman who is absolutely worth listening to, especially when it comes to investing, the psychology of wealthy people, financial rationality, and life experience.

• [Do you think Warren Buffett would really let Munger talk or make a YouTube video if it weren't manipulating markets and opinions in Berkshire Hathaway's favor? Caveat emptor. Take with a grain of salt, noting that "grain" is an outdated unit of measure.]

WQ Money Man's outlook (opinion, July 5, 2022)

• Gold is down, and long-term prospects are dismal due to Ugandan discovery
• Silver is down, and short-term prospects are not looking bright as supply is plentiful
• Oil (crude barrel) prices are down, and short-term prospects are down due to supply
• Brent crude: Oil prices tumble below $100, may fall more
• Crypto is down, and long-term prospects are dismal for the current players [but certain for block chain as a principle which will be utilized by current banks and governments like China making its own coin and enforcing it, as there's no way these players will lose control of currencies]
• Rents are up, and short-term prospects are good that they will rise [because of the well-known maxim property is theft" and few are able to buy homes, home supplies are down, and financing is harder and harder to get]
• Real estate is up, and long-term prospects are stable to rising
• Greenbacks (US currency) took a surprising bump up [by manipulation of a powerful government, as nations like Sri Lanka are dying for this reserve currency before it ends its reign]
• Military hardware looks strong and growing, as war profiteering continues to be stronger than health care and medical tech stocks
• Pharmaceuticals are up with strong long-term prospects as fear grows over pandemics, monkey pox, and future planned scares
• Stocks and bonds are down with short-term prospects shaky and unstable
• Cars, new and used automobile prices are up surprisingly and expected to tumble before the end of the year, but this tumble is not certain, as there is no relief in sight even for used car availability
• Financing (interest rates) is up as banks gouge everyone they can who needs to keep their head afloat in these uncertain times
• Insurance prices going up as prices for cars and other insured items rise, even if risk is stable
• Commodities, farm items, deathstock (slaughtered animals) and plants are down with prices in the short-term heading down