Investing Thread (Stocks, Crypto, Real Estate, Whatever)

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C-Mag
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by C-Mag » Wed May 19, 2021 1:11 pm

DBTrek wrote:
Wed May 19, 2021 1:03 pm
C-Mag wrote:
Wed May 19, 2021 11:30 am
Before I watch the video, do I make enough on unemployment with the COVID kicker to play the strategy ?
No.
Gonna need about $250k total to make it work.
Well, fuck.

Better try Crypto................ Oops, heard that shit crashed today.
PLATA O PLOMO


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DBTrek
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by DBTrek » Wed May 19, 2021 1:39 pm

C-Mag wrote:
Wed May 19, 2021 1:11 pm
DBTrek wrote:
Wed May 19, 2021 1:03 pm
C-Mag wrote:
Wed May 19, 2021 11:30 am
Before I watch the video, do I make enough on unemployment with the COVID kicker to play the strategy ?
No.
Gonna need about $250k total to make it work.
Well, fuck.

Better try Crypto................ Oops, heard that shit crashed today.
Image
:o
"Hey varmints, don't mess with a guy that's riding a buffalo"

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Fife
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by Fife » Wed May 19, 2021 7:05 pm

Bitcoin is a hedge against deflation.

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C-Mag
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by C-Mag » Tue Jun 15, 2021 10:09 am

Michael Burry of the Big short is ratcheting up his predictions of financial doom.
https://www.zerohedge.com/markets/micha ... -magnitude

People always ask me what is going on in the markets. It is simple. Greatest Speculative Bubble of All Time in All Things. By two orders of magnitude.

So what are you going to do about it?

Tudor Jones had some simple advice: "buy commodities, buy crypto, buy gold."
Get them pork belly stonks boys
PLATA O PLOMO


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DBTrek
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by DBTrek » Tue Jun 15, 2021 10:25 am

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Stack 'em.
"Hey varmints, don't mess with a guy that's riding a buffalo"

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C-Mag
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by C-Mag » Tue Jun 15, 2021 10:27 am

DBTrek wrote:
Tue Jun 15, 2021 10:25 am
Image
Stack 'em.
Stack em high.

What's the potential for silver if Burry is right and we become Weimar Germany ?
PLATA O PLOMO


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DBTrek
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by DBTrek » Tue Jun 15, 2021 10:29 am

C-Mag wrote:
Tue Jun 15, 2021 10:27 am
Stack em high.

What's the potential for silver if Burry is right and we become Weimar Germany ?
Well, silver has always been the more transactional metal, as you know. It's easier to give someone an ounce, or a few ounces of silver for a small purchase than trying to shave gold down to .01 ounce.
:lol:
"Hey varmints, don't mess with a guy that's riding a buffalo"

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C-Mag
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by C-Mag » Tue Jun 15, 2021 10:44 am

DBTrek wrote:
Tue Jun 15, 2021 10:29 am
C-Mag wrote:
Tue Jun 15, 2021 10:27 am
Stack em high.

What's the potential for silver if Burry is right and we become Weimar Germany ?
Well, silver has always been the more transactional metal, as you know. It's easier to give someone an ounce, or a few ounces of silver for a small purchase than trying to shave gold down to .01 ounce.
:lol:
Check this out.

In January of 1919, one ounce of silver was worth approximately 12 Deutsche Marks. By the end of 1923, one ounce of silver was worth 543,750,000,000 Deutsche marks.

Image

https://www.silverdoctors.com/gold/gold ... inflation/

C'mon hyperinflation. With my small stash I can payoff my mortgage.
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SuburbanFarmer
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by SuburbanFarmer » Tue Jun 15, 2021 10:57 am

Your grocery bill will be higher than your mortgage.

Funny how we’re all SIFCLIFing now. Where’s Capps to tell us that we’re all morons?
SJWs are a natural consequence of corporatism.

Formerly GrumpyCatFace

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C-Mag
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Re: Investing Thread (Stocks, Crypto, Real Estate, Whatever)

Post by C-Mag » Tue Jun 15, 2021 11:04 am

SuburbanFarmer wrote:
Tue Jun 15, 2021 10:57 am
Your grocery bill will be higher than your mortgage.

Funny how we’re all SIFCLIFing now. Where’s Capps to tell us that we’re all morons?
I'm growing that shit. My needs for the grocery store will be limited.
That shit is still going to hurt.

In Weimar Germany a loaf of bread was 1.5 Million marks. But that ounce of silver we are talking about,
543,750,000,000 / 1,500,000 =


362,500 loaves of bread................ that's the power of real money.
PLATA O PLOMO


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