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**Un-OFFICIAL** Trading and Investing Thread: Part XIII -- Robber Baron Edition
04-25-2021, 01:16 PM
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#8221
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By johnnyboi123⏩
there is no catalystpltrcels, this week is going to be good right?
you would need analyst upgrade tmmrw
earnings are end of next month (last earnings they pltr dropped 15%)
this week will be all about the those reporting and jpow speaking
04-25-2021, 01:20 PM
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#8222
04-25-2021, 01:22 PM
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#8223
- Elias373
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- Elias373
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Originally Posted By Carbonfibre⏩
Big Insts have loaded the boat.. this bad boy is being cut loose this week. Get your space suite ready!there is no catalyst
you would need analyst upgrade tmmrw
earnings are end of next month (last earnings they pltr dropped 15%)
this week will be all about the those reporting and jpow speaking
you would need analyst upgrade tmmrw
earnings are end of next month (last earnings they pltr dropped 15%)
this week will be all about the those reporting and jpow speaking
04-25-2021, 01:29 PM
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#8224
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Originally Posted By Heaney⏩
One day only. Wednesday so should be okay.Red week it is then.
https://ca.finance.yahoo.com/news/fo...123351253.html
The earnings can be hit or miss so that could provide choppy market this coming week.
Just to expand.
99% of time all these big companies have earnings priced in, when there is so many analysts pouring over data etc.
only thing they cant price in is guidance
if apple says they are doing more buy back etc on track to beat q3/q4 earnings etc than stock can rip
rarely happens
usually market makers feast on this and premium goes poof
Originally Posted By Elias373⏩
negged and on ignore listBig Insts have loaded the boat.. this bad boy is being cut loose this week. Get your space suite ready!
phuck off troll
04-25-2021, 01:59 PM
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#8225
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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Inflation seems to be creeping.
Soon all these companies will start to increase price.
Coca-Cola CEO says company will raise prices to offset higher commodity costs
https://www.cnbc.com/2021/04/19/coca...ity-costs.html
Corn futures are about to smash all that time.
every single commodity is going insane but Fed ignoring it
https://markets.businessinsider.com/commodities
https://www.mining.com/supply-defici...all-time-high/
Soon all these companies will start to increase price.
Coca-Cola CEO says company will raise prices to offset higher commodity costs
https://www.cnbc.com/2021/04/19/coca...ity-costs.html
Corn futures are about to smash all that time.
every single commodity is going insane but Fed ignoring it
https://markets.businessinsider.com/commodities
https://www.mining.com/supply-defici...all-time-high/
04-25-2021, 02:21 PM
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#8226
Originally Posted By Carbonfibre⏩
This Canadian **** really needs to stop posting and spamming like he is some authority. Just keeps muting/ignoring everyone who criticizes his ideas and then throws up a bunch of nonsensical posts that nobody cares about like as if his trash posts are somehow relevant and having 1 way dialogue with nobody listening or caring.One day only. Wednesday so should be okay.
https://ca.finance.yahoo.com/news/fo...123351253.html
The earnings can be hit or miss so that could provide choppy market this coming week.
Just to expand.
99% of time all these big companies have earnings priced in, when there is so many analysts pouring over data etc.
only thing they cant price in is guidance
if apple says they are doing more buy back etc on track to beat q3/q4 earnings etc than stock can rip
rarely happens
usually market makers feast on this and premium goes poof
negged and on ignore list
phuck off troll
https://ca.finance.yahoo.com/news/fo...123351253.html
The earnings can be hit or miss so that could provide choppy market this coming week.
Just to expand.
99% of time all these big companies have earnings priced in, when there is so many analysts pouring over data etc.
only thing they cant price in is guidance
if apple says they are doing more buy back etc on track to beat q3/q4 earnings etc than stock can rip
rarely happens
usually market makers feast on this and premium goes poof
negged and on ignore list
phuck off troll
04-25-2021, 02:26 PM
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#8227
- PermaBulk610
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- PermaBulk610
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Anyone thinking of buying MindMed? Listing on the Nasdaq tuesday. It might take off. I'm concerned about investing in a company that has 0 revenue, and won't for years. Its just burning through money it takes in from selling more equity all the time. That being said, Psychedelics to help mental issues and addiction seems like it is going to explode in the future. Might be nice to grab a thousand shares while its still less than 5 bucks.
04-25-2021, 02:28 PM
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#8228
- PermaBulk610
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- PermaBulk610
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Originally Posted By Carbonfibre⏩
How does one go about investing in commodities? You guys actually buying futures contracts? Or ETF's ?Inflation seems to be creeping.
Soon all these companies will start to increase price.
Coca-Cola CEO says company will raise prices to offset higher commodity costs
https://www.cnbc.com/2021/04/19/coca...ity-costs.html
Corn futures are about to smash all that time.
every single commodity is going insane but Fed ignoring it
https://markets.businessinsider.com/commodities
https://www.mining.com/supply-defici...all-time-high/
Soon all these companies will start to increase price.
Coca-Cola CEO says company will raise prices to offset higher commodity costs
https://www.cnbc.com/2021/04/19/coca...ity-costs.html
Corn futures are about to smash all that time.
every single commodity is going insane but Fed ignoring it
https://markets.businessinsider.com/commodities
https://www.mining.com/supply-defici...all-time-high/
04-25-2021, 02:46 PM
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#8229
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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- Join Date: Aug 2010
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Originally Posted By PermaBulk610⏩
I have only done ETF's. (WOOD and ITB)How does one go about investing in commodities? You guys actually buying futures contracts? Or ETF's ?
Inflation rising is more of planning that Fed will have to do something sooner than 2023.
04-25-2021, 03:02 PM
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#8230
Originally Posted By Carbonfibre⏩
CPI-W unadjusted index rose sharply from February to March. I expect the same from March to April and for the next several months. Iβm not sure how companies will continue profitable quarters when things are going to continue become more expensive weakening the dollar. Thank god for COLAsInflation seems to be creeping.
Soon all these companies will start to increase price.
Coca-Cola CEO says company will raise prices to offset higher commodity costs
https://www.cnbc.com/2021/04/19/coca...ity-costs.html
Corn futures are about to smash all that time.
every single commodity is going insane but Fed ignoring it
https://markets.businessinsider.com/commodities
https://www.mining.com/supply-defici...all-time-high/
Soon all these companies will start to increase price.
Coca-Cola CEO says company will raise prices to offset higher commodity costs
https://www.cnbc.com/2021/04/19/coca...ity-costs.html
Corn futures are about to smash all that time.
every single commodity is going insane but Fed ignoring it
https://markets.businessinsider.com/commodities
https://www.mining.com/supply-defici...all-time-high/
04-25-2021, 03:10 PM
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#8231
04-25-2021, 05:33 PM
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#8232
04-25-2021, 06:01 PM
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#8233
- Heaney
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- Heaney
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Originally Posted By PermaBulk610⏩
I've starting raiding local soy and corn fields. Been stealing 2 skids/week from work as well to increase my lumber exposure.How does one go about investing in commodities? You guys actually buying futures contracts? Or ETF's ?
04-25-2021, 06:41 PM
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#8234
- puristhndrwrth
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- puristhndrwrth
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Why osb prices don't go back to 13 a piece ? Can't afford wasting it on protecting customers properties,cheaper to pay for damage lol
39/sheet bux wtf ,used to be three times lower.
Rigged af.
Manipulation on all levels.
Suddenly there is shortage of pine,huh ? Fckn scumbags
Nonetheless costs are transfered on customers so good luck paying 150/ sheet for your plywood replacement.
Obligatory Gme to the moon. Can smell that retirement approaching
39/sheet bux wtf ,used to be three times lower.
Rigged af.
Manipulation on all levels.
Suddenly there is shortage of pine,huh ? Fckn scumbags
Nonetheless costs are transfered on customers so good luck paying 150/ sheet for your plywood replacement.
Obligatory Gme to the moon. Can smell that retirement approaching

04-25-2021, 08:48 PM
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#8235
- RobParks2M
- mad hatter
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Originally Posted By Heaney⏩
Just LOL if you aren't hitting up your local elevator and pouring corn into condoms and swallowing them to resell later.I've starting raiding local soy and corn fields. Been stealing 2 skids/week from work as well to increase my lumber exposure.
Also my neighbor I hate I unfastened the screws holding his fence together 75% of the way on the parts of his fence that don't go by my yard. Tonight I'm sneaking out there and taking the lumber from his fence and selling it to some sketchy mexicans down the way.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
04-25-2021, 09:14 PM
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#8236
- Sirtitan
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- Sirtitan
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I have not been on Bodybuilding.com's Official Trading and Investing Threads in quite a bit of time. I am a long time gold/silver/miners investor. Yes I was in the threads and actively buying and adding positions when they were in the gutter over the last 10 years. It was not easy and I questioned my intelligence as I was seeing peers buying benefactors of the Fed's money printing; darlings like TSLA et al. I've had a renewed vigor within the Wallstreetsilver subreddit. I have put on several "going for the jugular trades" over the last several months as I was seeing leap call options on some gold silver miners selling for dirt cheap.
Join Us at:https://www.reddit.com/r/Wallstreetsilver/
Here's why:
https://www.reddit.com/r/Wallstreets...eb2x&context=3
I have shared this story before on Wallstreetsilver and have now expanded the discussion.
My story of silver goes back to the 2008 financial crisis. It is was first prompted my drive to protect myself from the mess the bankers, political puppets, Federal Reserve, and politicians were creating. A crisis historically weeds out bad players, players that make mistakes. They should be left to go bust and let those who were disciplined take over. But the suits got their bailouts at the expense of the US taxpayer. I contend many of the ills within our society today were caused by those bailouts.
After the bailouts, the Federal Reserve big wigs spent years getting praised, like Bernanke being posed as a hero on the cover of the Atlantic. That was so disgusting. That continued with Yellen who after the completion of her term gets fees to make speeches from the likes of Citadel. The only way you get paid such egregious fees from suits is because you did them a favor at some point and thatβs their way of paying you back, quid pro quo. All the while the money supply has been shooting up, and in particular, M1 for example has gone parabolic increasing 75% since the beginning of 2020. But government and the financial fluffer tv networks come up with all sorts of apologist excuses, that the new money is parked and frozen as reserves at banks, that there is no inflation, and the suits even went as far as to manipulate the price of paper gold and silver for years. The same apologists spent so much effort saying there was no manipulation when cascades of sell orders would get poured into the thinnest part of the trading day and night on the futures market. Eventually the suits were charged with manipulation, but the fines are outrageously low. As they say, a wrist slap.
Letβs forget the silver and gold paper manipulation for a second. I want to focus on inflation and the overwhelming efforts of the government and suits to understate it in every way possible. I think the one of the only few places you see no inflation and even deflation is for things like flat screen TVs. Unfortunately, we canβt eat TVs or PCs and we canβt live in them. It is in the governmentβs best interest to understate inflation as much as possible. It minimizes their fixed payment obligations, so they only make small upward adjustments to them every year (COLA - cost of living adjustments), instead of an appropriate adjustment measured by true inflation. There are many numerical computational tricks the BLS (Bureau of Labor Statistics is who calculates inflation) use to understate inflation. These are arbitrary examples, but I hope you get the point. If the price of steak goes up, the BLS assumes you will substitute steak consumption by some cheaper meat or who knows what else. They also make assumptions about many products whose price increases. They make βhedonic adjustmentsβ to say that the price increase gets offset in real terms because the product has actually gone up in quality. Thatβs true for things like TVs and PCs, but not for most things we use every day. Letβs also focus on some tricks implemented by Corporate American suits to help explain how they facilitate the rigging of inflation numbers. Iβll focus on the grocery market, but it happens everywhere in the economy. The term that I began to see coined at least 5-6 years ago was βshrinkflationβ. What this means is letβs say in a bag of potato chips, they use less chips in the bag, so it actually weights less but the price is the same. Our government and others mentioned above will tell you there is no inflation. To them the price stayed the same. They are doing this with everything including toilet paper. You get less sheets now in toilet paper than you used to. The frozen pizza is smaller and comes with less cheese. They do this little by little every year hoping none of you notice or complain. The other infamous trick is βnew and improved formulaβ. This almost certainly assures you are getting worse lower quality ingredients than you used to.
I have to admit that for the last several years my spirits have been crushed. I slowly stopped adding significant incremental positions. At this point Iβve been laughed at for years by friends and family. It was a breathe of fresh air to hear the frustration from others on Wallstreetbets (before the mods started deleting silver posts) and more importantly from Wallstreetsilver. We share the same bitterness for those that burned us in 2008 by selling us out to the suits. We simply are trying to protect ourselves from the intentional stealth dilution of our currency. Inflation is a stealth theft and those that touch the newly printed money first steal from those who touch that money later on (Cantillon Effect). Guess who always touches that money first? Thatβs right, itβs the suits. I think weβve all reached a point where so many realize how bad the suits have screwed us all and we are tired of it.
Like any investment thesis, nothing is forever. A clear exit strategy needs to be established or else emotions and euphoria take over and you end up giving a lot of your gains back. After years of reading about several metrics, you canβt really depend on any single one metric and should follow various metrics to have a kind of stepwise exit plan in place. Of particular interest, there is the Gold to Silver ratio. It has converged to near 15 around gold and silverβs prior peaks, but itβs likely a good idea to begin selling once 20 is breached as the last move is fast and vertical. There is also the Dow / Gold ratio. It also went to near 1:1 in the prior gold and silver peak, but looking back 100 years, itβs probably a good idea to begin cashing out once 2.5 is breached. There are then various paper money to gold ratios to keep an eye on. Remember Brenton Woods proposed just this. For example, there is the % of dollar backed by gold (= market value of Federal Reserveβs gold / Fed balance sheet). This peaked at almost 170% in 1980. There is the ratio of gold to M1 money supply. That peaked at over 1.5 in the last gold and silver secular top.
Last but not least. You have to favor silver more than gold as the former is more undervalued even though both are undervalued. (See Gold Silver Ratio)
This is not investment advice. You should do your own due diligence. I do not want to see anyone get burned like those who blindly bought GME shares. I urge you to google the topics discussed here and read them more in depth, so it makes sense.
βTo achieve victory, we must mass our forces at the hub of all power and movement. The enemyβs βCenter of Gravityββ β Von Clausewitz
Join Us at:https://www.reddit.com/r/Wallstreetsilver/
Here's why:
https://www.reddit.com/r/Wallstreets...eb2x&context=3
I have shared this story before on Wallstreetsilver and have now expanded the discussion.
My story of silver goes back to the 2008 financial crisis. It is was first prompted my drive to protect myself from the mess the bankers, political puppets, Federal Reserve, and politicians were creating. A crisis historically weeds out bad players, players that make mistakes. They should be left to go bust and let those who were disciplined take over. But the suits got their bailouts at the expense of the US taxpayer. I contend many of the ills within our society today were caused by those bailouts.
After the bailouts, the Federal Reserve big wigs spent years getting praised, like Bernanke being posed as a hero on the cover of the Atlantic. That was so disgusting. That continued with Yellen who after the completion of her term gets fees to make speeches from the likes of Citadel. The only way you get paid such egregious fees from suits is because you did them a favor at some point and thatβs their way of paying you back, quid pro quo. All the while the money supply has been shooting up, and in particular, M1 for example has gone parabolic increasing 75% since the beginning of 2020. But government and the financial fluffer tv networks come up with all sorts of apologist excuses, that the new money is parked and frozen as reserves at banks, that there is no inflation, and the suits even went as far as to manipulate the price of paper gold and silver for years. The same apologists spent so much effort saying there was no manipulation when cascades of sell orders would get poured into the thinnest part of the trading day and night on the futures market. Eventually the suits were charged with manipulation, but the fines are outrageously low. As they say, a wrist slap.
Letβs forget the silver and gold paper manipulation for a second. I want to focus on inflation and the overwhelming efforts of the government and suits to understate it in every way possible. I think the one of the only few places you see no inflation and even deflation is for things like flat screen TVs. Unfortunately, we canβt eat TVs or PCs and we canβt live in them. It is in the governmentβs best interest to understate inflation as much as possible. It minimizes their fixed payment obligations, so they only make small upward adjustments to them every year (COLA - cost of living adjustments), instead of an appropriate adjustment measured by true inflation. There are many numerical computational tricks the BLS (Bureau of Labor Statistics is who calculates inflation) use to understate inflation. These are arbitrary examples, but I hope you get the point. If the price of steak goes up, the BLS assumes you will substitute steak consumption by some cheaper meat or who knows what else. They also make assumptions about many products whose price increases. They make βhedonic adjustmentsβ to say that the price increase gets offset in real terms because the product has actually gone up in quality. Thatβs true for things like TVs and PCs, but not for most things we use every day. Letβs also focus on some tricks implemented by Corporate American suits to help explain how they facilitate the rigging of inflation numbers. Iβll focus on the grocery market, but it happens everywhere in the economy. The term that I began to see coined at least 5-6 years ago was βshrinkflationβ. What this means is letβs say in a bag of potato chips, they use less chips in the bag, so it actually weights less but the price is the same. Our government and others mentioned above will tell you there is no inflation. To them the price stayed the same. They are doing this with everything including toilet paper. You get less sheets now in toilet paper than you used to. The frozen pizza is smaller and comes with less cheese. They do this little by little every year hoping none of you notice or complain. The other infamous trick is βnew and improved formulaβ. This almost certainly assures you are getting worse lower quality ingredients than you used to.
I have to admit that for the last several years my spirits have been crushed. I slowly stopped adding significant incremental positions. At this point Iβve been laughed at for years by friends and family. It was a breathe of fresh air to hear the frustration from others on Wallstreetbets (before the mods started deleting silver posts) and more importantly from Wallstreetsilver. We share the same bitterness for those that burned us in 2008 by selling us out to the suits. We simply are trying to protect ourselves from the intentional stealth dilution of our currency. Inflation is a stealth theft and those that touch the newly printed money first steal from those who touch that money later on (Cantillon Effect). Guess who always touches that money first? Thatβs right, itβs the suits. I think weβve all reached a point where so many realize how bad the suits have screwed us all and we are tired of it.
Like any investment thesis, nothing is forever. A clear exit strategy needs to be established or else emotions and euphoria take over and you end up giving a lot of your gains back. After years of reading about several metrics, you canβt really depend on any single one metric and should follow various metrics to have a kind of stepwise exit plan in place. Of particular interest, there is the Gold to Silver ratio. It has converged to near 15 around gold and silverβs prior peaks, but itβs likely a good idea to begin selling once 20 is breached as the last move is fast and vertical. There is also the Dow / Gold ratio. It also went to near 1:1 in the prior gold and silver peak, but looking back 100 years, itβs probably a good idea to begin cashing out once 2.5 is breached. There are then various paper money to gold ratios to keep an eye on. Remember Brenton Woods proposed just this. For example, there is the % of dollar backed by gold (= market value of Federal Reserveβs gold / Fed balance sheet). This peaked at almost 170% in 1980. There is the ratio of gold to M1 money supply. That peaked at over 1.5 in the last gold and silver secular top.
Last but not least. You have to favor silver more than gold as the former is more undervalued even though both are undervalued. (See Gold Silver Ratio)
This is not investment advice. You should do your own due diligence. I do not want to see anyone get burned like those who blindly bought GME shares. I urge you to google the topics discussed here and read them more in depth, so it makes sense.
βTo achieve victory, we must mass our forces at the hub of all power and movement. The enemyβs βCenter of Gravityββ β Von Clausewitz
"At the cost of being repetitive, I have to once again state my amazement at the aspect of human nature that allows us to mix the most rigorous skepticism and the most acute gullibility"
"As drowned worshippers do not write histories of their experiences (it is better to be alive for that), so it is with the losers in history, whether people or ideas"
"Secular bull markets are designed to take the least amount of people along for the ride as possible, call it universal law."
04-25-2021, 09:26 PM
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#8237
- puristhndrwrth
- Registered User
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- puristhndrwrth
- Registered User
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Originally Posted By Sirtitan⏩
gold is hard to acquire and been same value last 10 years,dafucc you talkin bout boomer ? btc will gives you more bang per buck.I have not been on Bodybuilding.com's Official Trading and Investing Threads in quite a bit of time. I am a long time gold/silver/miners investor. Yes I was in the threads and actively buying and adding positions when they were in the gutter over the last 10 years. It was not easy and I questioned my intelligence as I was seeing peers buying benefactors of the Fed's money printing; darlings like TSLA et al. I've had a renewed vigor within the Wallstreetsilver subreddit. I have put on several "going for the jugular trades" over the last several months as I was seeing leap call options on some gold silver miners selling for dirt cheap.
Join Us at:https://www.reddit.com/r/Wallstreetsilver/
Here's why:
https://www.reddit.com/r/Wallstreets...eb2x&context=3
I have shared this story before on Wallstreetsilver and have now expanded the discussion.
My story of silver goes back to the 2008 financial crisis. It is was first prompted my drive to protect myself from the mess the bankers, political puppets, Federal Reserve, and politicians were creating. A crisis historically weeds out bad players, players that make mistakes. They should be left to go bust and let those who were disciplined take over. But the suits got their bailouts at the expense of the US taxpayer. I contend many of the ills within our society today were caused by those bailouts.
After the bailouts, the Federal Reserve big wigs spent years getting praised, like Bernanke being posed as a hero on the cover of the Atlantic. That was so disgusting. That continued with Yellen who after the completion of her term gets fees to make speeches from the likes of Citadel. The only way you get paid such egregious fees from suits is because you did them a favor at some point and thatβs their way of paying you back, quid pro quo. All the while the money supply has been shooting up, and in particular, M1 for example has gone parabolic increasing 75% since the beginning of 2020. But government and the financial fluffer tv networks come up with all sorts of apologist excuses, that the new money is parked and frozen as reserves at banks, that there is no inflation, and the suits even went as far as to manipulate the price of paper gold and silver for years. The same apologists spent so much effort saying there was no manipulation when cascades of sell orders would get poured into the thinnest part of the trading day and night on the futures market. Eventually the suits were charged with manipulation, but the fines are outrageously low. As they say, a wrist slap.
Letβs forget the silver and gold paper manipulation for a second. I want to focus on inflation and the overwhelming efforts of the government and suits to understate it in every way possible. I think the one of the only few places you see no inflation and even deflation is for things like flat screen TVs. Unfortunately, we canβt eat TVs or PCs and we canβt live in them. It is in the governmentβs best interest to understate inflation as much as possible. It minimizes their fixed payment obligations, so they only make small upward adjustments to them every year (COLA - cost of living adjustments), instead of an appropriate adjustment measured by true inflation. There are many numerical computational tricks the BLS (Bureau of Labor Statistics is who calculates inflation) use to understate inflation. These are arbitrary examples, but I hope you get the point. If the price of steak goes up, the BLS assumes you will substitute steak consumption by some cheaper meat or who knows what else. They also make assumptions about many products whose price increases. They make βhedonic adjustmentsβ to say that the price increase gets offset in real terms because the product has actually gone up in quality. Thatβs true for things like TVs and PCs, but not for most things we use every day. Letβs also focus on some tricks implemented by Corporate American suits to help explain how they facilitate the rigging of inflation numbers. Iβll focus on the grocery market, but it happens everywhere in the economy. The term that I began to see coined at least 5-6 years ago was βshrinkflationβ. What this means is letβs say in a bag of potato chips, they use less chips in the bag, so it actually weights less but the price is the same. Our government and others mentioned above will tell you there is no inflation. To them the price stayed the same. They are doing this with everything including toilet paper. You get less sheets now in toilet paper than you used to. The frozen pizza is smaller and comes with less cheese. They do this little by little every year hoping none of you notice or complain. The other infamous trick is βnew and improved formulaβ. This almost certainly assures you are getting worse lower quality ingredients than you used to.
I have to admit that for the last several years my spirits have been crushed. I slowly stopped adding significant incremental positions. At this point Iβve been laughed at for years by friends and family. It was a breathe of fresh air to hear the frustration from others on Wallstreetbets (before the mods started deleting silver posts) and more importantly from Wallstreetsilver. We share the same bitterness for those that burned us in 2008 by selling us out to the suits. We simply are trying to protect ourselves from the intentional stealth dilution of our currency. Inflation is a stealth theft and those that touch the newly printed money first steal from those who touch that money later on (Cantillon Effect). Guess who always touches that money first? Thatβs right, itβs the suits. I think weβve all reached a point where so many realize how bad the suits have screwed us all and we are tired of it.
Like any investment thesis, nothing is forever. A clear exit strategy needs to be established or else emotions and euphoria take over and you end up giving a lot of your gains back. After years of reading about several metrics, you canβt really depend on any single one metric and should follow various metrics to have a kind of stepwise exit plan in place. Of particular interest, there is the Gold to Silver ratio. It has converged to near 15 around gold and silverβs prior peaks, but itβs likely a good idea to begin selling once 20 is breached as the last move is fast and vertical. There is also the Dow / Gold ratio. It also went to near 1:1 in the prior gold and silver peak, but looking back 100 years, itβs probably a good idea to begin cashing out once 2.5 is breached. There are then various paper money to gold ratios to keep an eye on. Remember Brenton Woods proposed just this. For example, there is the % of dollar backed by gold (= market value of Federal Reserveβs gold / Fed balance sheet). This peaked at almost 170% in 1980. There is the ratio of gold to M1 money supply. That peaked at over 1.5 in the last gold and silver secular top.
Last but not least. You have to favor silver more than gold as the former is more undervalued even though both are undervalued. (See Gold Silver Ratio)
This is not investment advice. You should do your own due diligence. I do not want to see anyone get burned like those who blindly bought GME shares. I urge you to google the topics discussed here and read them more in depth, so it makes sense.
βTo achieve victory, we must mass our forces at the hub of all power and movement. The enemyβs βCenter of Gravityββ β Von Clausewitz
Join Us at:https://www.reddit.com/r/Wallstreetsilver/
Here's why:
https://www.reddit.com/r/Wallstreets...eb2x&context=3
I have shared this story before on Wallstreetsilver and have now expanded the discussion.
My story of silver goes back to the 2008 financial crisis. It is was first prompted my drive to protect myself from the mess the bankers, political puppets, Federal Reserve, and politicians were creating. A crisis historically weeds out bad players, players that make mistakes. They should be left to go bust and let those who were disciplined take over. But the suits got their bailouts at the expense of the US taxpayer. I contend many of the ills within our society today were caused by those bailouts.
After the bailouts, the Federal Reserve big wigs spent years getting praised, like Bernanke being posed as a hero on the cover of the Atlantic. That was so disgusting. That continued with Yellen who after the completion of her term gets fees to make speeches from the likes of Citadel. The only way you get paid such egregious fees from suits is because you did them a favor at some point and thatβs their way of paying you back, quid pro quo. All the while the money supply has been shooting up, and in particular, M1 for example has gone parabolic increasing 75% since the beginning of 2020. But government and the financial fluffer tv networks come up with all sorts of apologist excuses, that the new money is parked and frozen as reserves at banks, that there is no inflation, and the suits even went as far as to manipulate the price of paper gold and silver for years. The same apologists spent so much effort saying there was no manipulation when cascades of sell orders would get poured into the thinnest part of the trading day and night on the futures market. Eventually the suits were charged with manipulation, but the fines are outrageously low. As they say, a wrist slap.
Letβs forget the silver and gold paper manipulation for a second. I want to focus on inflation and the overwhelming efforts of the government and suits to understate it in every way possible. I think the one of the only few places you see no inflation and even deflation is for things like flat screen TVs. Unfortunately, we canβt eat TVs or PCs and we canβt live in them. It is in the governmentβs best interest to understate inflation as much as possible. It minimizes their fixed payment obligations, so they only make small upward adjustments to them every year (COLA - cost of living adjustments), instead of an appropriate adjustment measured by true inflation. There are many numerical computational tricks the BLS (Bureau of Labor Statistics is who calculates inflation) use to understate inflation. These are arbitrary examples, but I hope you get the point. If the price of steak goes up, the BLS assumes you will substitute steak consumption by some cheaper meat or who knows what else. They also make assumptions about many products whose price increases. They make βhedonic adjustmentsβ to say that the price increase gets offset in real terms because the product has actually gone up in quality. Thatβs true for things like TVs and PCs, but not for most things we use every day. Letβs also focus on some tricks implemented by Corporate American suits to help explain how they facilitate the rigging of inflation numbers. Iβll focus on the grocery market, but it happens everywhere in the economy. The term that I began to see coined at least 5-6 years ago was βshrinkflationβ. What this means is letβs say in a bag of potato chips, they use less chips in the bag, so it actually weights less but the price is the same. Our government and others mentioned above will tell you there is no inflation. To them the price stayed the same. They are doing this with everything including toilet paper. You get less sheets now in toilet paper than you used to. The frozen pizza is smaller and comes with less cheese. They do this little by little every year hoping none of you notice or complain. The other infamous trick is βnew and improved formulaβ. This almost certainly assures you are getting worse lower quality ingredients than you used to.
I have to admit that for the last several years my spirits have been crushed. I slowly stopped adding significant incremental positions. At this point Iβve been laughed at for years by friends and family. It was a breathe of fresh air to hear the frustration from others on Wallstreetbets (before the mods started deleting silver posts) and more importantly from Wallstreetsilver. We share the same bitterness for those that burned us in 2008 by selling us out to the suits. We simply are trying to protect ourselves from the intentional stealth dilution of our currency. Inflation is a stealth theft and those that touch the newly printed money first steal from those who touch that money later on (Cantillon Effect). Guess who always touches that money first? Thatβs right, itβs the suits. I think weβve all reached a point where so many realize how bad the suits have screwed us all and we are tired of it.
Like any investment thesis, nothing is forever. A clear exit strategy needs to be established or else emotions and euphoria take over and you end up giving a lot of your gains back. After years of reading about several metrics, you canβt really depend on any single one metric and should follow various metrics to have a kind of stepwise exit plan in place. Of particular interest, there is the Gold to Silver ratio. It has converged to near 15 around gold and silverβs prior peaks, but itβs likely a good idea to begin selling once 20 is breached as the last move is fast and vertical. There is also the Dow / Gold ratio. It also went to near 1:1 in the prior gold and silver peak, but looking back 100 years, itβs probably a good idea to begin cashing out once 2.5 is breached. There are then various paper money to gold ratios to keep an eye on. Remember Brenton Woods proposed just this. For example, there is the % of dollar backed by gold (= market value of Federal Reserveβs gold / Fed balance sheet). This peaked at almost 170% in 1980. There is the ratio of gold to M1 money supply. That peaked at over 1.5 in the last gold and silver secular top.
Last but not least. You have to favor silver more than gold as the former is more undervalued even though both are undervalued. (See Gold Silver Ratio)
This is not investment advice. You should do your own due diligence. I do not want to see anyone get burned like those who blindly bought GME shares. I urge you to google the topics discussed here and read them more in depth, so it makes sense.
βTo achieve victory, we must mass our forces at the hub of all power and movement. The enemyβs βCenter of Gravityββ β Von Clausewitz
04-25-2021, 09:38 PM
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#8238
- DavidL913
- Registered User
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- DavidL913
- Registered User
- Join Date: Nov 2006
- Age: 39
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Originally Posted By PermaBulk610⏩
I bought at 3.00.Anyone thinking of buying MindMed? Listing on the Nasdaq tuesday. It might take off. I'm concerned about investing in a company that has 0 revenue, and won't for years. Its just burning through money it takes in from selling more equity all the time. That being said, Psychedelics to help mental issues and addiction seems like it is going to explode in the future. Might be nice to grab a thousand shares while its still less than 5 bucks.
was going to buy at 2.00 but hesitated...boom it pumped quick.
I expect some 2018 MJ type of speculation play.
***Los Angeles MISC Crew***
***Misc Crypto Crew***
04-25-2021, 10:11 PM
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#8239
- Arem24
- Registered User
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- Arem24
- Registered User
- Join Date: Nov 2009
- Age: 38
- Posts: 1,621
- Rep Power: 14567
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Originally Posted By RobParks2M⏩
Brahs, if you think lumber and other building materials are expensive now?Just LOL if you aren't hitting up your local elevator and pouring corn into condoms and swallowing them to resell later.
Also my neighbor I hate I unfastened the screws holding his fence together 75% of the way on the parts of his fence that don't go by my yard. Tonight I'm sneaking out there and taking the lumber from his fence and selling it to some sketchy mexicans down the way.
Also my neighbor I hate I unfastened the screws holding his fence together 75% of the way on the parts of his fence that don't go by my yard. Tonight I'm sneaking out there and taking the lumber from his fence and selling it to some sketchy mexicans down the way.
What does a multi-trillion dollar infrastructure plan require? (Yes, I know a lot is not traditional infrastructure, but a ton still fukking is)
The government does not have a pain threshold on input costs they are the winning bidder 100% of the time.
If you think single family housing is bubbly now? Give it 2 years my guys.
2 years.
04-25-2021, 10:53 PM
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#8240
04-26-2021, 01:47 AM
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#8241
- MinisterOfLust
- π½π½π½π½π½π½
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- MinisterOfLust
- π½π½π½π½π½π½
- Join Date: Aug 2003
- Location: United States
- Posts: 65,452
- Rep Power: 688524
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What's a good lumber or building materials stock right now?
04-26-2021, 05:11 AM
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#8242
- dankydank
- Registered User
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- dankydank
- Registered User
- Join Date: Sep 2009
- Age: 35
- Posts: 8,223
- Rep Power: 15192
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BTC Miner stocks pumping. The big sell off was probably people going into Coinbase as well as anticipation of monthly BTC crash. I think they could get back to the $60ish range in May
Also have all these big earning calls, jobless claim rates of Q1, and interest rate decisions. I think itβs going to be a big green week boyos
Also have all these big earning calls, jobless claim rates of Q1, and interest rate decisions. I think itβs going to be a big green week boyos
04-26-2021, 05:27 AM
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#8243
04-26-2021, 06:35 AM
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#8244
04-26-2021, 07:47 AM
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#8245
- smashedurgfx10
- Join Date: Sep 2015
- Age: 33
- Posts: 12,451
- Rep Power: 54147
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Originally Posted By MinisterOfLust⏩
buying into lumber at an ath not even onceWhat's a good lumber or building materials stock right now?
Motorcycle Crew
Beard Crew
8.5/10 wife or bust crew
Deliverer of bad news crew
04-26-2021, 07:55 AM
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#8246
- dopamine72
- Endorphin Junkie
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- dopamine72
- Endorphin Junkie
- Join Date: Apr 2009
- Location: California, United States
- Posts: 32,991
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Lumber and metals? Not sure if srs do you *******s really think you're gonna hit it big on those?
No fkin thx joffrey
I'll stick to my crypto, pot stocks and tech stocks
No fkin thx joffrey
I'll stick to my crypto, pot stocks and tech stocks
Originally Posted By RobParks2M⏩
loldJust LOL if you aren't hitting up your local elevator and pouring corn into condoms and swallowing them to resell later.
Also my neighbor I hate I unfastened the screws holding his fence together 75% of the way on the parts of his fence that don't go by my yard. Tonight I'm sneaking out there and taking the lumber from his fence and selling it to some sketchy mexicans down the way.
Also my neighbor I hate I unfastened the screws holding his fence together 75% of the way on the parts of his fence that don't go by my yard. Tonight I'm sneaking out there and taking the lumber from his fence and selling it to some sketchy mexicans down the way.
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
04-26-2021, 07:59 AM
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#8247
04-26-2021, 08:07 AM
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#8248
04-26-2021, 08:08 AM
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#8249
- BulkingIsHard
- Registered Bigot
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- BulkingIsHard
- Registered Bigot
- Join Date: Aug 2016
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Originally Posted By TugOfPeace⏩
Ammo and nonperishable food is better for bartering if there actually is shtfwhat are your guys thoughts on keeping physical gold/silver?
i bought $15k worth of gold and $5k silver a few months back because I wanted to hedge against a shtf scenario but more and more I'm thinking it's just a waste of money and to get rid of it for cash that I could use for real estate or to pay down debt
i bought $15k worth of gold and $5k silver a few months back because I wanted to hedge against a shtf scenario but more and more I'm thinking it's just a waste of money and to get rid of it for cash that I could use for real estate or to pay down debt
Why would anyone trade gold? Itβs not like they are going to exchange it for fiat anytime soon
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
04-26-2021, 08:20 AM
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#8250
- Carbonfibre
- Rubber Banding
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- Carbonfibre
- Rubber Banding
- Join Date: Aug 2010
- Location: State / Province, Canada
- Posts: 15,122
- Rep Power: 53107
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Originally Posted By dankydank⏩
Skeptical.AMD mooning. Probably good earnings tomorrow. I'll see if it comes down a bit before close with a big sell-off and might buy some calls.
Call buying going up on AMD right now is nuts.
Seems like it could dump right after earnings. This is going to run to $90 by tmmrw close.
Originally Posted By Destor⏩
earnings are always priced in.Inb4 growth stocks crush their estimates and still dump after earnings (yet again)
its future growth / guidance / delivery numbers etc.
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