That is just like the sort of chart that an Equitable Life FA would have produced to show the benefits of long term investing. The trouble is if you get you timing slightly wrong you can make a lot less...or a lot more but with little ability to know which you will get.
Shares to watch
- Thread starter tan55555
- Start date
Wattie
Member
- Messages
- 8,640
He would if he was making money out of it.
Im not making any money out of you guys.
Last edited:
I thought you were a Russian bot that was mining our data.
Wattie
Member
- Messages
- 8,640
Well that’s insulting
If Dean was gay surely he could do better than me.
I mean ffs.
I’d be at least 9th on the broken heart list for him.
Last edited:
Wattie
Member
- Messages
- 8,640
I don’t do hard labour....someone else can do the digging.
rockits
Member
- Messages
- 9,184
Comical really and one of the biggest scams of the last century. I'd estimate real world inflation to be 15-20%+
If you aren't generating investment returns of 20%+ per year you are losing purchasing power.
Makes me laugh they can say with a straight face there is low inflation when you print 30% of all the world's dollars in existence in 12 months. That is 30% in effect right there!
Wattie
Member
- Messages
- 8,640
One of the few who knows.
rockits
Member
- Messages
- 9,184
I think plenty know about it behind the scenes but are hiding it. However the average Joe/Jane in the street is having their pants pulled down the slowly bent over but don't know yet. Brace for impact
Froddy
Member
- Messages
- 1,072
stindig
Member
- Messages
- 450
Yes, and every altcoin…
breezer
Member
- Messages
- 231
1Q 2021 GMO Quarterly Letter
The signs of speculative excess in the stock market today are obvious. Speculative booms provide entertainment and outsized profits while they are happening, but they do generally burst painfully.
www.gmo.com
Well worth reading this.
The article starts by defining speculation as opposed to investment:
- Investment: The deployment of capital to perform an economic service for which a rational counterparty should be willing to pay.2
- Speculation: The deployment of capital to achieve an expected gain based on an investor’s prediction of how future prices will differ from the market’s expectations.
The premise of the article really is that speculative bubbles/frenzies occur because there's colossal growth in demand for speculative investments, e.g. when the US parachutes cash to a bunch of bored degenerates who've played too many computer games. This is also the premise behind the old JP Morgan story about "selling when the shoe shine boy is giving stock tips."
The article further suggests that speculative bubbles burst when the supply of whatever is the subject of the bubble (in this case equities, crypto - though the latter is not mentioned by name) catches up with the demand. And supply always catches up with demand because that's capitalism. We're probably better at it today than ever - again, for evidence I'd point to the sheer number of shitcoins being created on a daily basis.
rockits
Member
- Messages
- 9,184
I don't get most cryptos and don't think many will be around for the duration. I do think a 2nd generation of cryptos and DeFi/Blockchain technologies will end up being the future and transform many areas of finance in the future though. What they are through who knows?!
The DXY is an it's **** again and the VIX clearly spiked today. With immense volatility it gives the opportunity to make a lot and lose a lot very quickly! I've done both
The DXY is an it's **** again and the VIX clearly spiked today. With immense volatility it gives the opportunity to make a lot and lose a lot very quickly! I've done both
stindig
Member
- Messages
- 450
I understand why not everyone gets crypto, and hopefully a lot of the junk-coins will wither and die. But some like Cardano will be an integral and ubiquitous part of our future - proper, real-world value for the worlds poor and unbanked, and the fortune 500. Currency will, obviously, be digital going forwards. There won't be one winner - witness VISA. MasterCard, Amex etc, but I'm fairly certain future payment methods will be based on blockchain.
Froddy
Member
- Messages
- 1,072
Balls o'steel, Stindig! I really felt for people today - so many must have lost so much if they weren't appropriately position-sized, or had no exit strategy (until they decided to get out at the bottom).
Love how BTC bounced absolutely perfectly at the volume by price aVWAP - chart p*rn!
chrt.biz
Love how BTC bounced absolutely perfectly at the volume by price aVWAP - chart p*rn!
BITSTAMP:^BTCUSD,Daily Candlestick chart published by froddy
Bitcoin vs USD, Bitstamp Ltd. Candlestick chart created with TrendSpider
chrt.biz
stindig
Member
- Messages
- 450
Balls o'steel, Stindig! I really felt for people today - so many must have lost so much if they weren't appropriately position-sized, or had no exit strategy (until they decided to get out at the bottom).
Love how BTC bounced absolutely perfectly at the volume by price aVWAP - chart p*rn!
[/QUOTEBITSTAMP:^BTCUSD,Daily Candlestick chart published by froddy
Bitcoin vs USD, Bitstamp Ltd. Candlestick chart created with TrendSpider
Phew!
Wattie
Member
- Messages
- 8,640
Fellas the US banking system is becoming stressed again. This happened 5 months prior to the covid crisis...... (Fed stepped in and manipulated it as usual)
www.zerohedge.com
If the Ponzi scheme runs out of money it will all come crashing down.
Fed Alert: Overnight Reverse Repo Usage Soars Above Covid Crisis Highs | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
Froddy
Member
- Messages
- 1,072
I think we’ll push higher once more and then Q3 will be ugly - I don’t think the chart structure is quite ready yet but, frankly, anything could happen and your guess is as good as mine. These markets are so fast, and so crazy.
I think we can expect that everything will be sold. We need to be “locked and loaded” for a huge opportunity to buy again - it really could be mega if the broadening formation parameters are respected.
Or the Fed may just keep printing.
Stonks only go up!
I think we can expect that everything will be sold. We need to be “locked and loaded” for a huge opportunity to buy again - it really could be mega if the broadening formation parameters are respected.
Or the Fed may just keep printing.
Stonks only go up!