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Silvergate blowing up..
No iPhone or even cell phone and no interest ingesting one. Now I see all this Ai crap everywhere. Will people ever wake up to the fact that technology isn't our friend?Get long AI!
ok I take that back. I probably should have warned everyone, I sold my puts on Tuesday.Never short TSLA.
On that other forum, I’ve been announcing when I buy gold or silver, so people know when to sell.ok I take that back. I probably should have warned everyone, I sold my puts on Tuesday.Probably time to start a subscription service. I announce all my trades and everyone does the opposite and gets rich.
No iPhone or even cell phone and no interest ingesting one. Now I see all this Ai crap everywhere. Will people ever wake up to the fact that technology isn't our friend?
You aren't posing as Jim Cramer in drag are you???ok I take that back. I probably should have warned everyone, I sold my puts on Tuesday.Probably time to start a subscription service. I announce all my trades and everyone does the opposite and gets rich.
I think this is part of the CB plan. Destroy capital and you destroy demand, investment, and job creation. Powell has been pretty clear, there will be pain. He wants lower stock markets, lower housing prices, and higher unemployment. In his mind all of that will lead to capital scarcity and destroy demand. Not arguing he is right or wrong, just stating that that is what he is looking for. After a year of his tightening policies he isn't getting what he wants. NQ is down 25% and housing is starting to come down but the recent numbers in housing and unemployment are working against him. Thats why he also says he may have to raise rates higher and for longer than he anticipates.
I don’t think Powell has any respect for the Lagging Factor. The repercussions of what he’s already done will be increasingly felt until 2025.I think this is part of the CB plan. Destroy capital and you destroy demand, investment, and job creation. Powell has been pretty clear, there will be pain. He wants lower stock markets, lower housing prices, and higher unemployment. In his mind all of that will lead to capital scarcity and destroy demand. Not arguing he is right or wrong, just stating that that is what he is looking for. After a year of his tightening policies he isn't getting what he wants. NQ is down 25% and housing is starting to come down but the recent numbers in housing and unemployment are working against him. Thats why he also says he may have to raise rates higher and for longer than he anticipates.
This kind of fits in with the theory (conspiracy?) they want to reduce the population of the world. Killing demand, killing off the population all have the same effect.I think this is part of the CB plan. Destroy capital and you destroy demand, investment, and job creation. Powell has been pretty clear, there will be pain. He wants lower stock markets, lower housing prices, and higher unemployment. In his mind all of that will lead to capital scarcity and destroy demand. Not arguing he is right or wrong, just stating that that is what he is looking for. After a year of his tightening policies he isn't getting what he wants. NQ is down 25% and housing is starting to come down but the recent numbers in housing and unemployment are working against him. Thats why he also says he may have to raise rates higher and for longer than he anticipates.
Or, maybe he does but he sees what fed gov is doing (spending like drunken sailers and working against him) So he says hey, lets make it painful for them to keep spending.I don’t think Powell has any respect for the Lagging Factor. The repercussions of what he’s already done will be increasingly felt until 2025.
If he continues to raise interest rates until a retracement back to 2% inflation, the global economy will be decimated.
And I’m actually OK with that.
A barometer of business conditions at service-style companies such as hotels and hospitals held steady at a robust 55.1% in February, showing the U.S. economy is still in expansion mode.
“Sales activity is generally strong despite economic headwinds,” a senior restaurant executive told the Institute for Supply Management, publisher of the report.
Numbers above 50% are a positive sign. The closely followed ISM reports are the first major indicators of each month to offer clues on how well the economy is performing.
Economists polled by The Wall Street Journal had expected the index to drop to 54% from 55.2% in January.
...
Propaganda but to what end? CBDC? Or merely anti-gold? Anti cash?How dare they!
A former bikie walked into a government-owned mint to buy gold. Officials didn't ask any questions
A Four Corners investigation uncovers major holes in the money laundering defences of Australia's biggest mint — failings that could cost taxpayers billions of dollars.www.abc.net.au
... on the other hand we do know he bought it and I guess if they could have locked him up for summin they'd have him behind bars... so?! Anyway... outrageous!!!
Wat?... the mint is the only refinery in the world that is underwritten by a government. ...
AI is going to be so disruptive. I heard Zed when he said "Get long AI." [I'm not long now, but makes a lot of sense.]
Caktus - Educational A.I.
The most powerful AI built for students. Instantly write, solve, code, and more!www.caktus.ai
Wat?
AI is going to be so disruptive. I heard Zed when he said "Get long AI." [I'm not long now, but makes a lot of sense.]
Caktus - Educational A.I.
The most powerful AI built for students. Instantly write, solve, code, and more!www.caktus.ai
Propaganda but to what end? CBDC? Or merely anti-gold? Anti cash?
AI is going to be so disruptive. I heard Zed when he said "Get long AI." [I'm not long now, but makes a lot of sense.]
Caktus - Educational A.I.
The most powerful AI built for students. Instantly write, solve, code, and more!www.caktus.ai
I'm afraid I can't do that Dave.
Now way, no how do I let Woke AI teach my kids. You'd have to be beyond stupid to think that's a good idea.
... The spread between BBB rated dollar-denominated corporate debt and the earnings available on the S&P 500 Index of stocks is now above zero for the first time since the global financial crisis. ...
I’m starting to think an unbridled thermonuclear war isn’t such a bad idea.I'm afraid I can't do that Dave.
Now way, no how do I let Woke AI teach my kids. You'd have to be beyond stupid to think that's a good idea.
Fed Chair Powell says interest rates are 'likely to be higher' than previously anticipated
Citing earlier data showing that inflation has reversed the deceleration in late 2022, Powell warned of tighter monetary policy ahead.www.cnbc.com
The markets really wanted their hit of crack, but didn't get it. Bloodbaths all around.
Fed Chair Powell says interest rates are 'likely to be higher' than previously anticipated
Citing earlier data showing that inflation has reversed the deceleration in late 2022, Powell warned of tighter monetary policy ahead.www.cnbc.com
The markets really wanted their hit of crack, but didn't get it. Bloodbaths all around.
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