Not many are able to think long term and realize this, but the cryptocurrency markets have already topped. With summer ending soon, the next 50% price cut might be only a few weeks away. Good news! I was (finally) able to verify and unfreeze an account with a crypto exchange and cashed out most of my money out of this MLM scheme. Now, I have no skin in the...
The USD is strong against the Pound Euro Yen Yuan, but this is only because they have been devalued so much. Turkey did not immediately go into a collapse, as usual investors have overreacted, now that I think of BTC it is the opposite where they undereact to every thing and happily let whales dump and they hold until they have nothing left XD. The Lira went way...
Summer is over, childrens are forced back to school, and policy makers and money movers are back. Going to try going to the point here. And just going to look at the west (NA & Central + North + West europe) and south east asia. Africa is pointless, and then I do not want to look at every country russia north africa australia etc there is too much to look at...
A little bar of 1 kg. It fits in the hand and pocket. It is smaller than a smartphone. You can go with 3 quarters of the countries on the planet and live for 5 years with that. If you held cash you would need a much larger volume. What other form of money is a better physical one? Even a multi millionaire can fit his entire wealth in a safe. What other form of...
Ah, the great nations of Ethiopia and Afghanistan. Since very low income inequality is, according the far left, the absolute peak of human development, then we can all agree that Kazakhstan, Ethiopia, Afghanistan are among the most prosperous nations of the planet, absolute powerhouses! Every single country that tried "equality" has failed utterly. The ones that...
Like the ponzi scheme it is inspired from, Bitcoin, Ripple spent a long time at a support level with lower highs, and with bagholders convinced it was the bottom. Price dropped below that "strong support it will never dropped under of", and then bounced to now retest that level. So baggies need 2 things for the price to go up: - Sufficient gullible people with a...
"Let's Bail out the banks that gambled" - Federal Reserve, 2008 "Ok" - George W. Bush, 2008 "Let's send everyone to uni and push them into debt for the rest of their lives" - Idiots I mainly used the fed for my sources. I also used the site statista. The internet is so useless it is all mixed up and often contradictory, so I just stick to those... They...
Be warned, this is going to be gloomy. Well gloomy for unprepared people with a family and that cannot easilly move. As I predicted, things have kept getting worse with populism and all this. We are at a point where people are openly calling for the eradication of Trump supporters, the extermination of whites because "they're all NAZI with concentration camps"...
The ones controlling the dollar want to fight back (Trump & cie have announced a while ago). Might happen in 3 weeks once summer is over. Right now the euro is so devaluated and everything... I think downside is limited, but upside can be so strong. It could still go down but seriously... the system would get so broken.... What more can they do? Literally...
TIME FOR SOME MORE APOCALYPSE SCENARIO AND FEAR! Best traders are best risk managers (that the non-initiated see as "overly pessimistic") so you better listen up. There won't be much TA here (only TA is what we know about the US indices and most of that is not even TA). This will disapoint most of the retail but the thing is you cannot evaluate the long term with...
I need money. I got scammed hard. The biggest scam of them all. "You have to go to school and then find a sheep wageslave job". I had no internet connection and no way to find an alternative, and I needed a roof and food... Scammed. Now I am pretty much starting from zero. Same spot as a teen 15 years earlier. What a scam... I cannot go back in time but I can NOT...
Candle looking like a hammer on the daily. Maybe the price falls now, but idk my instinct prefers to stay away. Chainlink the source of many jokes from cryptoers has kept going up, for months, while the whole crypto has been going down and stagnating. Chainlink uptrend even accelerated. I really don't know how I would feel about shorting it now, maybe it is a...
Sad trading view doesn't have charts such as alot of bonds. A shame. Well, site is full of $1500 lifesavings people that are going to lose what little they have on cryptocurrencies. Site has all the alts from all the exchanges... I just saw yet another bond price go balistic. The Austrian 100Y bond, it went something like shown on this chart. US 30Y ballistic...
Knowing that we are close to the end of the cycle is fairly easy (thought it seems not that simple to "normal" people). The part that is hard is timing the market, knowing where to precisely enter. Ray Dalio said that competing that way in the stock market was harder than competing in the Olympics. For investors that are not a wall street firm of 500...
Swedistan was in the news, an american rapper with millions of fans got assaulted after he dared to walk into a "no go zone" (those are areas under islamic flag), he ended up in a fight with muslims that control the area and got sent to jail and was facing possibly multiple years in jail. The US president even asked Swedistan to free him or there would be...
Here we go again. Last break was a Sunday afternoon, the 26 May. I think this could happen by the end of next week. I locked in more profit on my short on Bitmex so much that I am now even net long. It has been 1 month and 1 day since the top at 13900 and easy profit for shorting this. Since then bears (that were not too early - or too late) have had a really...
Beyond Meat, Net Income... Q2 2019: -$9.4 million Q1 2019: -$6.6 million Q4 2018: -$7.4 million Q3 2018: -$9.3 million Q2 2018: -$7.4 million Q1 2018: -$5.7 million Q4 2017: -$7.0 million Hu Hu Hu. Beyond meat market capitalization (14B) places it above 30% of S&P500 companies. Not overvalued at all. Scaaaaam. What idiots bought? Robinbros? Beyond Ponzi just...
Is it too late to invest in VR? Are we going to keep accelerating? A few years ago we got to a point where we used up 1 year of earth ressources in just a few months. Something like that... It is time for our little reminder of the biggest recession in centuries maybe human history. And energy usage just cannot keep going up forever exponentially. Simple...