Financial topics

[aeden]

https://www.discoverthenetworks.org/org ... ace-theory crt agenda

The Latest On Gaza and Shelter for Families Affected by Hamas.
https://www.youtube.com/watch?v=2Uan66vCDLE

Meanwhile back at the ranch. https://www.youtube.com/watch?v=lw4gI28hSnw

Fake News | Signs of The Times https://www.youtube.com/watch?v=UdYLBbyW4JQ

[aeden]

Form 8949 and Schedule D with a Form 1040
Good luck buttercups. The rest of have to deal with these things also.

Debt based fiat is the mother of all pyramid schemes as you plant and weed the garden
as these bureaucratic thugs destroy all that was sorta good for awhile for them and others covet.

[Higgenbotham]

The top of the "all one market" bubble appears to be at hand. Bitcoin is the poster child for this bubble.

Prove it. Oh wait, you won't answer again? Great job, Higgy. The onus is on YOU to prove your assertions. Not anyone else.

How many years will it take get through to you? You can't be this dumb.

Gundlach Warns Bitcoin Has Become "Poster Child" For "Speculative Fever" Gripping Markets

BY TYLER DURDEN
SUNDAY, MAY 16, 2021 - 08:45 AM

"It's almost like every era of really highly valued markets — after they've run a lot — has some sort of a poster child if you will," Gundlach told Yahoo Finance. "It was like some of the crazy dot-coms that had no revenue that were coming to market very successfully in the year 1999. Here, it's I think it's really these cryptos."

https://www.zerohedge.com/crypto/gundla ... ng-markets

[aeden]

Stock up on family essential as the retards run with scissors in the swamp.

[Higgenbotham]

My arguments are convincing on their own, but the best part is that guys like Higgy, who can't counter my points, also suggest that Marks/Jones/Saylor/Musk/Druckenmiller etc don't know what they are talking about or doing, even though they finally admitted, AFTER being skeptics, that they finally "get it."

Musk doesn't know what he's talking about or doing. He can't decide from one day to the next whether he should accept Bitcoin for car purchases.

Bitcoin, Dogecoin sink after Elon Musk walks back Tesla's support for crypto transactions

Javier E. David

Wed, May 12, 2021, 7:24 PM·3 min read


Elon Musk sent Bitcoin (BTC) reeling on Wednesday, after he announced that Tesla (TSLA) would stop accepting it for car purchases — even though the company continues to hold the digital coin on its books.

In a Twitter post, Musk cited the environmental impact of Bitcoin mining, which has been cited by critics for being energy intensive and a detriment to the climate.

The move took cryptocurrency enthusiasts by surprise, and drove down the price of Bitcoin after hours, with the volatile digital currency shedding over 13%. Other major crypto units followed suit, as investors moved to discount how the loss of a prominent backer's support would impact the asset class's development.

Musk said in his post that Tesla was "concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel."

https://finance.yahoo.com/news/bitcoin- ... 39231.html

Bitcoin Dumps After Elon Musk Fails to Deny That Tesla Could Sell All Its Bitcoin Holdings

May 16, 2021 at 3:11 p.m. CDT

"Indeed," Musk tweeted at 2:48 p.m. EST in a response to a tweet by Twitter handle @CryptoWhale, which said that "Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of their #Bitcoin holdings."

https://www.coindesk.com/bitcoin-dumps- ... n-holdings

[aeden]

Alpha ecosystem will remove these current grifters. The documentation is not difficult to wash sales and cap gains.

Despite the bloodbath, smart contract platforms showed incredible resilience to the market turbulence being the only
sector that ended the week with a positive return of 4.6%.

The Middle east will devolve as no State actor cares anyways about who really owns this Planet.
Biden's handlers pumping billion to criminals in Gaza so they can work it out in Jerusalem.
As our people are destroyed. The guy is a pox on taxpayers and democrats are now just another disease on us.
The Apple of Gods eye is Jerusalem and his promise. The spiritual Church knows its place as the physical times related are set to them.

As we know here and tyler reminded us Grift, graft, larceny, corruption and fake money are what primarily composes the pavement.
Good intentions are merely dusted in to better the aesthetic.

If you want to understand what’s going on with exploding price inflation then you must understand this…
Right now in the United States we have a scam currency that’s controlled by central planners.

Specifically, we have what Marx envisioned in Plank No. 5 of his Communist Manifesto:
“No. 5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.”

They Banks will be destroyed and these dumb asses think they will have a seat at table.
These retards are not even tabled in the book of life when the true restrains are removed.

[Higgenbotham]

I think the genie is getting out of the bottle this year. Time will tell.

https://youtu.be/mcC1SB2tXmY?t=472

That is a good video. The "owners equivalent rent" is up 2% while median home price is up 17%. If you replaced OER with home prices the inflation rate would have been 8%!!! Wow. A big part of where the OER number comes from is asking home owners what they think their house could rent for, but they are not renters and are not up to date with rental rates. These home owners don't know current rent rates. So the data is collecting made up numbers and not measurements of reality. The CPI is a lie.

Most interesting to me was Gundlach's comment that he has a good model that predicted CPI would be over 3.5% a month or two from now and it actually came in at 4.2% this month. He then went on to say that his model would therefore forecast CPI to be higher than 4.2% next month and the month after that. This might imply that my estimate for how much total credit market debt would need to increase to get 5% inflation is too high.

Going back to the article I posted awhile back from April 14, 2000 that stated the reason for the 25% drop in the Nasdaq that week (about a month after the all time high at that time) was inflation fears, there may be a repeat of that next month because it seems everyone is underestimating inflation and, according to Gundlach's model, that is likely to continue for at least a couple more months.

[John]

I gotta tell you guys, the current CPI spike is not going to be
sustained. It's almost mathematically impossible. Do not bet the
store on it.

[vincecate]

Most interesting to me was Gundlach's comment that he has a good model that predicted CPI would be over 3.5% a month or two from now and it actually came in at 4.2% this month. He then went on to say that his model would therefore forecast CPI to be higher than 4.2% next month and the month after that. This might imply that my estimate for how much total credit market debt would need to increase to get 5% inflation is too high.

Going back to the article I posted awhile back from April 14, 2000 that stated the reason for the 25% drop in the Nasdaq that week (about a month after the all time high at that time) was inflation fears, there may be a repeat of that next month because it seems everyone is underestimating inflation and, according to Gundlach's model, that is likely to continue for at least a couple more months.

Before a crash people move out of the more risky stocks to the "safer" stocks. The Nasdaq dropping while the S&P is at new highs fits with this.
Some companies that I think are frauds (like Nikola Motors) have started going down. This also fits.

I think most people are buying the "transitory" party line so far but if in the next few months inflation keeps going up, then people will panic. I think we are getting close to the panic. Again, in the 1970s the P/E numbers were like 4 or 5. We have a long way down to get to that level.

I am sure next months CPI number is higher than 4.2%.

[vincecate]

I gotta tell you guys, the current CPI spike is not going to be
sustained. It's almost mathematically impossible. Do not bet the
store on it.

Once inflation starts it is very easy for it to maintain itself. People don't want to have their money sit when inflation is picking up. But that they don't let it sit means the velocity of money is higher. If the velocity of money is higher, prices can go up with the same amount of money. If prices are going up, then people move their money faster. Etc.

The hard thing is to stop inflation once it starts, sustaining it is mathematically easy.

Not going to bet the store, but do plan to increase the size of my bet.